AND W HUNT'S MERCHANTS' MAGAZINE, VOL, 57. JNO ...

m

o m m t i r n a l l |

A N D W

f i n a n c i a l ;

x t m t l t

H U N T ’ S M E R C H A N T S ’ M A G A Z I N E ,

REPRESENTING TH E IN D U STR IA L AND COMMERCIAL IN TERESTS OF TH E U NITED STATES.[Entered, according to Act of Congress, in the year 1*93. bj U m. k . Duuu A Co., in the ofli- Ubrartan o f Congress, Washington, D. C.

VOL, 57. S A T U R D A Y , J U L Y 29^ 1 S 93 . JNO. 1466.

% X it C h r o n i c l e ,

T e r m s o f S u b s c r i p t i o n — P a y a b l e I n A d v a n c e :F or One Y ea r................................ ........................- ......................... r l " 00F o rS iJ M oii'b.*................................................................................. 0 00Enrotw an SubeertptSos.ttncindtBgpcietairel,........... . 12 00Earofean Siitworlptioa six M onth* ttnolndtar postage). 7 00Annual sabeerit-uon in London (Including postage*— i t in*.S ix Mo*. do. d o . d o . . . .A l 10s.

The Irv B iw m s ' 8lhflr<UBWWT o f 160 page* is issued every other m onth, on the last Saturdays o f J a n n srr . M arch, M ay, Ju ly , Septem ber e n d N ovem ber, and furnished w ithout extra charge to ail subscribers o f the C B IO SIC U for s ix m onth* o r longer.

T he St s t k . s o C rrr S c pFISMCs t o f 1 M page* is a lso given to every y e a r l y sobaoriber o f the CSPPrjnctA,

Ssb*ertptt«a* w ill be oontm ae-l until deSn itely ord ered stopped. T he publisher* cannot W peepooslbie fo r rem ittances unices m ade b y dra ft* m b f PmtOMm or fiaRMrfra# mmwf ordem .

F ile eovwr# are m 1*1 at 50 mut» tme&« »a 4 t o » « w #uh*wrtb*tr§. fo r a ▼ear on# Hi# cove* I* supplied without char*?®: pontage on the same l» I f f mints.

T e r m s o f A d v e r t i s i n g — ( P e r I n c h s p a c e ) .O n etim e ............. ....................... $3 SO I T hree .Months (13 tim es) 625 00O n e M onth (4 « « > * * » „ 1 .140 # ix M onth* 4M - ) . . 13 0 0T w o M onth* <8 “ ) . . 1 8 0 0 1 Tw elve Month* <53 “ 1 68 0 0

(The above terms tor one month and upward are for standing card*.)L o n d o n A g e n t s :

Messrs. Bowaxm A Swts. 1 Ornper*’ tlardens, E. C.. will take *nb- sertptlons and advertisem ents, and .apply single copies of the paper a t Is. reelWIO.ISW H ( W l L U t n H. I H M A Co., t*obll.|ier«,W U A I*» B. JIXA \ U l l l l a m s t r c e i , N U tt Y O R K .io u s a. fUAtu, < pmT o m o box 958.

C L E A R I N G H O U S E R E T U R N S .

The following table, made up by telegraph, etc,, Indicate# that the total hank clearings a t ail the clearing houses of the United State* fur the week ending today, July ‘U K have been S932.23h.afi3, again h $l«-'.9#7.‘.70 List week and t&*n ,388,BS5 the corresponding week of last year.

Ousaamaa. »r«* is»u«s /«*» t s .

S «urm I v Mtymph. 1»»3. mm. Frr Crtii.

New A 'o rk .......... . . . » ............. 8487**^4,08 * 4 -i ‘4Bo*r«ra — . . . . . . 68.403.458 7 a n x o 8 8 -5 -3

47.90O.T47 53,167.009 -9*9Balllm^re.*— .......... 10,W 0.»»t 10,574,224 43*6C h l ! « » ------------------------------ 81.45:1,200 76,830,000 30*0fit. LohL*........... - — .............. 17.887,257 -25-1New Orleans .«**— . . . . . . . . . . . 4.800.485 4.005.673 +8-4

Seed® el* le#. $ 4 « f •.« . . . . 1656,747,154 •670.161.013 - 3 0Other nitl**, 5 113.471.766 it i.to i.in -13*5

Tvtei »B cittv*. S d ays .... 3776,716,437 680’ .358,474 -3 -9All cutes, 1 d a y . . . . w 187.010,641 168.003,411 -2*4

T»W . »fi e l i js , f«r t w h . f 833,238,203 *887.362.933 -3*0

The full details of clearings for the week covered by the above *ta(, i«ent will be given next Saturday. We cannot, of courts, furnish them today, bank clearings being made up by the various clearing houses at noon on Saturday, and hence in the above the last twenty-four hours of the week have to be in all cases estimated, as we go to press Friday night.

We give below our usual detailed figures for the previous week, covering the returns for the period ending wish Saturday noon, July 22, as welt a» the comparative total* in 1892. The aggregate of exchanges .how* a falling otf of thirty-four and a quarter noli ion* of dollars from the previous w-ek, twenty-three millions o f which is outside of New York. Con trusted with the corresponding period of 1893. all but eighteen of tile cities record l>-e<. audio the aggregate for the whole country there i* a decrease of 8’3 per cent. The most important percena,'1. of decrease this week have been at Denver, 78*3 pet cent: Memphis, 93; Tacoma, 58*2: Helena, 58 l ; Kansas City, 49-3: Sioux City, 49; Chattanooga, 48*1, and Great Falls. 48*8 iter cent. The greatest gain* hive been at Galveston, 21 n per cent; Springfield, Ohio. 23 percent, and India napohs. 22 1 percent.

Hew York9a.u* of—(m/xks. . . . . . . . . %hart$Ji&ruin. ** JbmMs.)

B o s to n ................................Prertdeno®.H a n f o r d - . . . . . . . . . . . . . . .New H a re n ...................fp r t n .n e .d ......................W orcester . . . . ............. .P o r t la n d ..* . •<•**» L o w e l l . , . . . . . . . . . . . . . . -N ew R a d fo r d .- . . . . . . . . .Fall H irer* ............ .

T o t a l N ew E n g la n d .

P h iladelph ia .................P t t t s & a r * . .. . . . . . . . . . . .Baltim ore...................B u ffa lo ............ ..................W m M n fttm * * * *----—R o ch e s te r ... , ......... .By raeo §e. **»:.«*** ******* W lim im t& n**S ian ham t o o . . . . . •

T o t mi a i i d d i a . . . . . . . .

Cfttasgo.CtfiSfenati... . . . . . . . . . .M itw a o k e e . . . . ...........Dwtroii.. . . . . . . . . . . . . . .IJNrreland.... ........Ootacaha*. . . . . . . . . . . . •Indianapolis. . . . . . . . . .P e o n a .......Orand Rapid*.**.....*Lartneton............Basina w.. . . . . . . . . . . . .A k ro n ....... .. •«prinjffSaI4,0.........m t atT *..,.„ . . . . . . . . .Gao to o '. ..- . .* *

Total Middle We*tarn.

Week Ending July 32.

1899540,7dS,550

(26.390.125 -85.338.32 i 6.0-8.000

i j m j m1. 55,rHd10I M ' t s i b

n ~ , i m 4*» 925_007,081100.070.14 9]

t* m | P , Peru

57Q,SS,9S0 - 3 0724,0891

(18.588,53591 533.304

«,¥ 4» 300 •A3 8 m z h M i W 2 I.M0U0B X.320.510 1,200.238

783,M)3 402.957

100.096.35007,050.278! 70.857,207IS. 10*.04 41 16,193.417*“ 14.072.010

8.0 9,2 >7 2.005.791 1*652.750 9U* .816 1,285 679

Baa ftrnme&mm*. *•«*»»# A n a e ia * .. . . . . . .Helaaa..Qrmt ra il* ,* .......,Bums PaiU.........Seoaaoa* . . . . . . . . . .Aihaquerquo*......

T o t a l P a d iS d ...* ..

San aa* G U y .. . . . . . . . .M i . . . . . .O m a h a ................... .f t . P a u l . . . . . . . . ............Denver ........................D u lu t h ------. . . . . . . . . . .fuJoMph.............i io u x C i t y ......................D e .M v .m e * ................... .UtK»in...........'V i c h i t a . . . . . . . . . . . . . . .T o p e k a ................W tm m n t** . . . . . . . . . . . . .Hit eM nm m . . . . . . . . .Sprinofl-eW, Mo.*......H iia a i** ........ ••

T o t a l O th e r W e s te rn ,.

S t, L o o D . . . . , ......... . . . . .N ew O r le a n a .. . .......... ..Loolartite.............Qttteavum*............ .Rottitea................Memphis . . . . . . . . . . . . . . .R ic h m o n d ........ ........... . . .N a a b r t lie ......... ..fa r a n n a h . . . ...............-A tla n ta . . . . . . . . . . . . . .

C h a rIe*ton A ........ ...........Dallas— ..........N orfo lk ,.........................W a co . .................................P o r t W o r t h . . , . , .......... ..B irm in gh am . . . . . . . . . .C h a t t a n o o g a ..........—Jack a o iiT iiie* . . . . . . . . .

T o t a l S o a t h e r n , . . , . .

T ota l a l l . ...................O utside N ew Y o rk ...

Montreal . . . . . . . . . . .Toronto ....... .Halifax .................H amilton

13 ASA,>82 7.743.617 LSBSA&01.510,861

882,200S8K*s7*4 115,326,26a

78.610,2261J .530,700

4,70*'.iWi 6A97A3& &.M0.I261.51*2,8* 1 i,2rt9;.3X)

MM386.210VMOO171.437270.710115.618

10 .« 4*3i 1,270#79

% n mm j m7 m s n617,1 ■?« 2 -V » 4140.H t270.4*7

30,0*914,642.401*,335.772 4.822.513 6,049.061 3.8AM89 1,420 4 45 1.731.5>7 1,825,090

#3»,7S6 782.021 009.352 462,163 328.727 65.000n j m

* 76,627

18.374.7376,698,1424.7 79.903 1*8 91.9801.288.7 41

874.11*2,350.853942.9*81,156.426

792,973

701,662 984.-17 295,011 320.000 239.4* 9j 251.702 301.743

Week End?g July 15,

(4-1111 (+41 0)-6 8 - 2 5 43 6i4 8 4 - 4 0 4 5 0 +3 5

749 7

—5 0- 5 -4

- 1 8 5—3 7

-7ns -8-2 4 1 *2 - 2 8 1 412 9

- 7 2

561.019.267

1 205,818 10,291 7i-Q88.819 22f

8.179,800 2 7 2d,122 2,' 33. 8* 1.487.85* 1.-46 v.882 1.3 3.480 752.21-

537.955 713 90 103,348,12304.262.70913,077,97U

iM i-m1,882.367

983,138 9 (5.273 H41.P3)

105.0ed.532

P. Cent-.—T ?

m—14*8

4-1*5 -5 * 44124-1440*9

-10*3

-11*?

1.231. 5,310.<17 5.181.612*5.<iiV. 3'-t!2,yv().8)0 1,605.910 1,404500 920.59» 3*5,916 309.092

255,755 1 1,241 294.098 158.929

23,585,19509**9.1357,422.827

1,189. OKl 1,02.5 i0 fe8.37S!

m il’s!934.520;SSfNOuO491.9.1*68.123!48i,d00.... -.i

-22 1 +1*2 —35*6 421*6t S l

—5*6

a-4**54-53-18-6

—34*8-41 6—*41

79.67413.073,300

21.421,: 6.235.023 6.098,628

i » *890.503

2.589.88* 833. 4 5

1,133.383 051.502

777.8521,021.771

2 J 0.563 37 <.0')1 290.173 25->800 ' 382-021

4l.09d.i»0053.907.470 j 1.0 >1,6 <2.*1

IT

61,579.) Wj -1^ g. 48.266,012

987.671.901*26,05483*

-17*4J i4 2 U 1-1 0 *3

-IT*—26*0

4-4*6 —31*5 —12*5 —25*9 431*8 4.2*3 45*4

-2 5 *2 , —38*7

z i l• -1 9 *6

-5 0 *2

-27*3

—16*2 —16*0 -37*5 431*9

48*0 —55*2 —22*7-i£$

-12*5

-10*0-9*7—13*3

► 4-1*3 —53*5 -11*1-19*0

-4)*3 44*1

—38*0 -13*7 -38*1 -49*0

- 10*8—140-16*7 —11*4 413 3

- 0 5 ~1T0T ota l Canada. ■„ 10,'42<i.IO7 2 1 « , - ~>o» — h 7 19.9 ■ 0.*>93i

• N ot Inclutledt a totals. + Pahlloatloa disoontinaed for the present. ^

1H2 THE CHRONICLE. [VOL. LVII

THE

S W E AKB CITYS ec p a g e s 100, 191, 192, 193 a n d 194 for ou.- State

and City Department.All advertisements with relation to State and City Bonds

will likewise be found on the same and following pages.

THE FINANCIAL SITUATION.The art of creating value by legislation has grown in

disfavor this week. Notwithstanding the Congressional fiat disannulling the decline in the price of silver bullion, it has been pretty clearly demonstrated that obligations can attract capital only at extremely low prices so long as they are subject to payment in that metal. It may be stupidity, or it may be, sis the Governor of Colorado calls it, conspiracy and fraud on the part of the whole world not to be willing to pay as much for fifty cents as for one hundred cents. Believe what we may on th at. point, the fact is everywhere apparent that our attempt to make business active and give a fictitious price in this country to silver has not been accomplished, but has resulted in the complete paralysis of our industries and in the destruction of all values, all credit, and all confidence. On its face the silver dollar is at a parity with gold. Looking under the surface of affairs we find that commodities, securities, the estimate of the people, have all shrunk into proportions corresponding very nearly with the decline of silver bullion. We are not theoretically on a silver basis but we are trading on that basis. Our experiment thus far has consequently reached the point of keeping silver up nominally by knocking everything else down actually.

Our markets have been more disturbed and excited this week than at any time this year. The situation looked unpromising when the week opened, and became daily more unsettled until Thursday, when there was a decided improvement; but yesterday the situation was again somewhat less favorable. Monday and Tuesday an unusual number of failures among our banks and private firms were reported in various parts of the country, but especially in the West, some of them being concerns of long standing and held in high repute. On those days, too, the rumors became hourly more distinct respecting the difficulties Erie’s floating debt was causing the management and the probability of its becoming needful to put the road into the hands of receivers. Tuesday afternoon the announcement was made that receivers for the company had been appointed. On Wednesday the failures referred to, the Erie receivership, and the state of the money market, caused an unsettled and feverish opening, which conditions were used, and used most effectually, by those seeking to break prices, values of all the leading stocks gradually melting away. This decline was favored by the fact that the outside public having money to invest either looked upon the Erie receivership as a more disturbing affair than the step warranted, or else were discouraged by the frequent flurries and declines in prices which have occurred of late, and so for the time being kept off the market. The next day, Thursday, the outlook, as already stated, was much brighter, and so it was yesterday, though there was some reaction from the previous day, a further large break in General Electric stock being a disturbing ieature.

Money on call representing bankers’ balances was not stringent until Wednesday. The loans early in the week were from 6 to 2 per cent, the latter figure being recorded on Monday after the inquiry for the day had been satisfied and there seemed to be an abundance offered. The demand for currency for shipment to the West, stimulated by the failure of the ‘ 'M itch ell” bank at Milwaukee and of banks at Louisville and Indianapolis, was urgent on Tuesday, and on the following day a calling in of loans by some of the banks and trust companies in this city and in Brooklyn created a disturbance in the money market, while the fall in stock values induced discrimination against collateral, and the rate was advanced to 3-16ths of 1 per cent and interest, equal to about 74 per cent per annum, and large amounts were loaned at 1th of 1 per cent and interest, equal to 51 per cent per annum. On Thursday there was an early demand for money which caused 51 per cent to be again recorded, but in the afternoon the rate fell to 6 per cent. Yesterday the course was much the same, the range being 51 and 2 per cent, with the close at the lowest figure. The average for the week was probably about 10 per cent. Renewals were at from 6 to 8, and while banks and trust companies quoted 6 very little was loaned over the counter at this figure and the institutions that had money to loan offered it in the Stock Exchange. Time contracts continue in urgent demand and good rates are bid, but the supply is small and chiefly confined to private sources. Neither banks nor trust companies are making loans on time, but it is probable that a few of the insurance companies and other corporations have yielded to the importunities of brokers. The basis of the business is 6 per ce n t ; in addition 1 per cent commission is paid for 30 days, 1^ per cent for 60 days and 2 per cent for four months. Scarcely anything is done in commercial paper, and the few transactions made are at such rates as can be agreed upon. Many of the jobbing commission houses are advising the mills with which they do business to shut down, as it is impossible at present to make advances, and many of the mills at the East are consequently closing. Yesterday and to-day considerable amounts of Clearing House certificates were issued— $1,350,000 on Thursday and $2,000,000 yesterday. The aggregate amount of such certificates now outstanding is $25,- 250,000. The Chicago Clearing House on Thursday also authorized the issue of certificates.

The feature in Europe this week has been the troubles between France and Siam, which, however, have not disturbed the markets. The semi-monthly settlement in London passed off quietly, although early in the week there were apprehensions of diifi- culties growing out of the failure of the old-established brokerage firm of Sutton & Co. The cable reports discounts of 60 to 90 day bank bills in London at 2 per cenr. The open market rate at Paris is 2J per cent, at Berlin it is 3J per cent and at Frankfort 3| per cent. A ccording to our special cable from London the Bank of England gained £43,000 bullion during the week, and it now holds £29,577,571. Our correspondent further advises us that the gain was the result of receipts of £88,000 from the interior of Great Britain, imports of £55,000 (£28,000 from France, £15,000 from Portugal and £12,000 from other Continental sources), and an export of £100,000 to Turkey.

Foreign exchange was without special feature until Wednesday, when it felt the influence of dearer money

Jci.y 29, 1893.] THE CHRONICLE. 16Band a pressure of security bills, and the market was unsettled to the close, when transactions in sight sterling were made at a figure which would permit the importation of sovereigns. Ou Thursday the market was weak in the morning, being still influenced by active money, but it grew steadier in the afternoon, and the tone yesterday was quiet. The Rank of England has advanced the price of bar gold to 77 shillings 11 pence per ounce. The purchases of gold now reported in transit aggregate between two and three million dollars. The arrivals thi3 week have been $770,000 Spanish coin from Havana, $315,000 from London to Heidelbaeh, Ickel- heimer & Co., $125,000 to Hoskier & Co. and $95,000 to the Hanover Bank, besides $247,000 brought in on the Columbia yesterday. Compared with Friday of last week exchange opened on Monday unaltered and no change was made nntil Wednesday, when Brown Bros, and the Bank of Montreal reduced rates half a cent. On the following day Brown Bros., Baring, Magoun & Co. and Heidelbaeh, Ickel- heimer & Co. reduced one cent, while the Bank of British North America and the Canadian Bank of Commerce reduced half a cent. Yesterday Brown Bros, and Heidelbaeh, Ickeiheimer & Co. reduced long sterling half a cent, while Baring, Magoun & Co. reduced both long and short half a cent. The market closed steady at 4 8L to 4 83 for long and 4 831 to 4 85 for short. Rates for actual business were 4 804 to 4 80J for long, 4 82$ to 4 83 for short, 4 83£ to 4 83$ for cable transfers, 4 794 to 4 79$ for prime and 4 79 to 4 79$ for documentary commercial bills.

The American Iron & Steel Association at Philadelphia has this weak issued its statement of the production of Bessemer steel ingots in the first six months of 1893, and the exhibit warrants very favorable conclusions as to the activity and consumption in thi3 branch of trade. According to these figures it appears that tho production of Bessemer ingots for a year and a-half past has been on a pretty nearly uniform basis of 2$ million net tons of 2,000 lbs. per half-year, the output in tho first half of 1893 having been 2,343,104 net tons, in the last half of 1892 2,362,648 tons, and in the first half of 1892 2,305,999 tons. The production for tho second six months of 1892 had never previously been exceeded, and the production for the six months of 1893 comes within 20,000 tons of that exceptional total, showing that the output keeps well up to the largest in our history. The same fact had been made apparent by Mr. Swank’s statement last week regarding the production of Bessemer pig iron, which for the six months of 1893 he found to be in excess of that of any previous half year. The following gives the production of Bessemer ingots for each half-year since 1885.

PKOtiBCTtfi* OF BFj.-F.MKR ft TREK 1XOOT* IX XET TnXft.1890. - l o t h a l f . . . . . ......... 2.011.239

2il h a lf............... C.'i-o.CW)1891 . - 1 « l u l l ................. 1,699.096

20 h a lf................ 2 ,038 .0S l1892. — !» t h a lf ...................2.306 999

26 f t a l f ..................2,362.8181893. —l» t h a lf................... 2.313.104

1888.-1*1 b«!f.............1.073,66324 h a lf....................1 .4 - ;;.- :io

1887 . —1st h a lf............... 1.K.U.67224 half ................ 1.660.738

1838 .—1st h a lf________ ! , i « 1 ,2 -S24 half ............... 1.428.212

1 8 8 8 . —l * t b » H . ............ 1 ,4 2 0 ,7 1 62d h a lf................... 1,361,114

It will be seen from the foregoing that in the first half of 1886 the production was only 1,073,663 tons, and even in the first half of 1889 it was less than 1$ million tons, being only 1,420,715 tons, while now the production is 2$ million tons. It is well to bear in mind, too, that these figures relate simply to the make of Bessemer steel. Coincidently there has been a market growth in the production of other kinds of steel— notably steel by the open-hearth pro-

---—------------- -------------- —. ' :cess— though of course the bulk of steel produced in the United States is made by the Bessemer process. The statement of Bessemer rail output has also been issued this week. It shows a total of 788,749 net tons of Bessemer rails made in the first half of 1893, against 865,128 tons in the first half of last year and 768,052 tons in the second half of that year. Iu the first half of 1890 the product was 1,032,658 tons and in the first half of 1887 1,144,080 tons. These statistics are useful In demonstrating that the great increase in steel production in recent years has not been due to any increase in the requirements for ingots for conversion into rails. But that fact was known before. The Increase has followed from the expansion in the use of steel for general and miscellaneous purposes, stimulated by the low price at which the steel can be obtained.

Returns of railroad gross earnings for the current weeks of July in many cases show a falling off from the totals for the corresponding weeks last year. This is reflected in our statements, which indicate a decrease of $204,508, or 3 per cent, in the aggregate of the gross earnings of 73 roads for the first week of the month, a decrease of $611,017, or 8 per cent, in the aggregate of 76 roads for the second week, and a decrease of $277,150, or 5$ per cent, iu the aggregate of 50 roads for the third week. On the other hand, the returns of net earnings which have come in this week- for the month of June are pretty generally quite fav arable. The Pennsylvania Railroad reports for the lines east of Pittsburg and Erie an increase in gross for the month of $189,627, accompanied by a decrease of $76,855 in expenses, thus producing a gain in net of $266,4.8:2. On the lines west of Pittsburg and Erie the gain iu gross reaches as much as $434,329, and as this was made with an addition to expenses of only $26,811, the increase in net has been $407,518. On the system combined therefore there has been a gain in gross for the month of $623,956, and a gain in net of $074,000. The improvement in recent months has been so heavy that the company has now entirely overcome the large fulling off in the net which was a feature of the returns of the early months. Herewith we present our usual comparative statement of the gross and net earn ' ings of tho Eastern lines for a series of years.

U lX XS X4BT OF PlTTSUCUO.

ISOS. ia*2. I imu:

1880. 1889. 1888.Junt.

(Zrm* gmlngn...*.

N®S mmmiiam-- - J*n. 1 Jmm 30.

Qtwm earnixur*....Qp&mVg gxp^mma.

N*t mgmlnm...

1&.73&40S4.352,555

# | 15.592.835 5.4*0.655 4,429,410; 4,063,099

*5,172,004

t3.931,0203.164,141

t5.080,4023.508.861

1.47V.SO-7 I.1M.420 1.357,55« 1.057.0661 |33.‘KS.417 32.(! )5.4S2 31,475.411 31.068.511

25.040.051 23,838.0111 W.4 «7,32«i 22.B82 CO

766,879

28.001.23819.593,765

1,571,541

27,858,20510.105,4-42

SJgW.M-1 8.857.4W 0.008.085 8J-78.5SI 8.410,473 8,092,703For the six months tho net of these Eastern lines, it

will be seen, is only $\*l,972 below the amount for the six months of 1892. As during the same period the net of the Western system increased $42,333, the company on the combined result of the two systems finds itself slightly ahead as compared with last year.

The Chesapeake & Ohio for June shows comparatively small changes— an increase of $17,338 in.gross and an increase of $1,087 in not— but for the twelve months of its fiscal year reports an increase of $152,394 in gross and an increase of $764,124 in not, expenses having been reduced $311,730. The increase iu the net is over 30 per cent, the total having risen from $2,439,925 to $3,204,049. The return states that the surplus over fixed charges for the twelve months will be $427,011. The New York Lake Erie & Western for June has lost $74,046 in gross, but gains $16,097 in net

1 6 4 THE CHRONICLE. fV0L. LVI1.

through a reduction of $90,143 in expenses. For the nine months of its fiscal year from the 1st of last October the company reports a decrease of $623,705 in gross earnings but an increase of $63,558 in net. We refer to the figures of this road more at length in a subsequent article. The Central of New Jersey for June has a very good statement, gross having been increased $118,295 and net $46,566. The Chicago Burlington & Quincy has lost slightly in its gross for the month ($33,- 616) but gains $56,314 in net. The Northern Central, one of the roads controlled by the Pennsylvania Railroad, but not included in its monthly statements, reports gross of $653,105 for 1893, against $565,171 for 1892, and net of $227,588 against $94,560. The Iowa Central has increased its gross $5,500 and its net $38,584. The New York Susquehanna & Western has gross of $165,153 against $155,062, and net of $74,583 against $70,412. On the Summit Branch net is $6,125 against $3,757, and on the Lykens Valley $8,209 against $90.

The following statement, made up from returns collected by us, shows the week’s receipts and shipments of currency and gold by the New York banks.

W eek Ending July 28,1893. Received by N. T. Ba/nks.

Shipped by N . Y . Banks.

Net TnteHor Movement.

$2,855,000808,000

$8,321,0003,124,000

Loss $5,466 000 LOsS. 2,316,000Gold___' - r______ ________________

Total sold and legal tenders__ $3,683,000 $11,445,000 Loss $7,782,000

With the Sub-Treasury operations and gold imports the result is as follows.

W eek ending Ju ly 28, 1893. In toBanks.

Out of Banks.

Ne* Change in Bank Holdings.

Banks’ interior movement, as above Snb-Treas. oper. and gold imports..

$3,663,00015,800,000

$11,445,00013,800,000

Loss.$7,782,000 (Iain. 2,000,000

Total gold and legal tenders— $19,463,000 $25,245,000 Loss $5,782,000

The following table indicates the amount of bullion in the principal European banks.

B ank o fJu ly 27, 1893 July 28, 1892.

Gold. Silver. Total. Gold. Silver. Total

£ £ £ £ £ S29.577.571 29,577.571 26,769,332 26,7 9,332

France......... 68,702,027 51.068.503 119 860.530 65.063.560 51,740.640 136,8 >4,200Germany..... 30,891.500 1C 130,500 40,522.00i 36,870,000 12,290.000 49.160.000Aust.-Hung’y 10.574.000 16,402,01)0 26.976,001 5,985,000 16.769.000 22,754,000Netherlands.. 2,817.000 7.021,000 9.838,000 3.217.000 7.145.000 10,362.000Nat. Belgium. 2,699.333 1.349,667 4,049,000 2,914 000 1.457,000 4.371.000Spain........... 7,916,000 6,502,000 14,418.000 7,596.000 5,148,000 12.741,000Tot. this week 152.767.431 92.473,670 245,241,101 148,414,892 94.54£.04O242.904 532Tot. prev.w’k 152.159,009T3.172.315 246.331,3 <4 148.494.8 II 94.489 870 212 984.69 ,

THE ERIE’S EMBARRASSMENT.In considering the embarrassment of the Erie, which

has this week led the managers to place the property in the hands of receivers, it must be evident to everyone conversant with the affairs of the company and conscious of the very trying time through which the financial world is now passing,*that the event has less general significance than almost any similar event that could have occurred. It does not reflect a bankrupt condition of railroad property in this country nor any inherent weakness in the general railroad system. It does not even indicate that there is anything radically wrong in the Erie property itself beyond the inability of the company to carry its floating debt in a period of great financial distress and disturbed credit. Nor can the occurrence be regarded as having been entirely unlooked for. It was a possibility at any time within recent months, and practically became a certainty when money rates advauced to abnormal figures and the failures and financial disturbances rendered it almost out o f the question for even the strongest corporations to secure time loans. Inj.truth it may be affirmed that

except for the confidence felt in the management a receivership must have come much sooner.

It is well to emphasize the difference between the present embarrassment of the company and the former occasions when the property got into financial difficulties. On these former occasions the trouble was the result either of bad or speculative management, of losses or entanglements with other institutions or corporations, or a decline in earnings impairing the company’s ability to earn its charges. Noneof these things have happened or exist to-day. We think we voice the general sentiment, while adhering strictly to the facts, when we say that the Erie has seldom had so good and trustworthy a management as that which has been in control of the property during the last eight years. They have been not only entirely free from the speculative taint which had become almost inseparable from Erie administrations, but have proved themselves both capable and efficient in the conduct of the road’s affairs. Through their efforts the road has been placed in excellent physical condition, and they have at the same time greatly developed the business of the system. As to the earnings, there has been no falling off during the current fiscal year such as would impair the company’s ability to earn its charges or cause embarrassment. As a matter of fact, as far as the net is concerned, as we shall presently show, there has been no falling off whatever. Nor yet does the company find itself involved in outside failures, such as happened in 1884 at the time of the Grant & Ward failures. In all these particulars the property has been free from adverse developments.

The trouble which has brought the company to the present pass has been simply and solely the floating debt, which in recent years ha3 been growing in magnitude. The feature is not a new one, having been frequently referred to in these columns. Only last December in an artitle entitled “ The Erie—Its Progress and Its Need,” called forth by the annual report then issued, we directed particular attention to that element of weakness, contending that while the company might be perfectly able to take care of the debt, yet unless a remedy was applied the existence of burdensome floating obligations must prove a menace to the company’s welfare and financial standing. In fact, President John King referred to the matter himself in the last report, so that every one has been kept fully informed as to-the company’s condition in this particular. We may state, too, that it is to the credit of the management that they have not sought to keep their security holders in the dark or to conceal anything, but have always furnished full and complete reports of the company’s current operations and business. Besides quarterly reports to the Railroad Commissioners, containing income statement and balance sheet, as required of the railroads in this State, they have given out regular monthly returns of gross and net earnings.

When writing our article last December we had before us the balance sheet for September 30, 1892, which showed $4,014,671 of loans and bills payable ; $9,138,- 765 of all current liabilities, including the loans and bills payable ; $3,721,649 of available cash offsets, and a net amount of floating debt of $5,417,116. By the latest quarterly statement—that to March 31—it appears that while the loans and bills payable were in the interval reduced from $4,014,671 to $3,779,090, the grand aggregate of the current liabilities really showed very little change, and therefore remained burdensome. Of course except for the unfavorable financial situation

July 29, 1893.] THE CHRONICLE. 1 6 5 1 1

it would have been possible to continue to carry the debt with comparative ease : even as it was, the high character of the management, as already indicated, enabled the company to provide for it much longer than would otherwise have been possible; but the tension at length became too strong, so that the company was finally forced to succumb, and thus its downfall waa brought about by this one weak point in its affairs.

It is worth noting that the floating debt in the Erie case did not arise in the ordinary way, and that it waa practically impossible to avoid contracting it—at least if the road was to hold its place among the large systems of the day. Usually when a company becomes burdened with a large floating debt, it is because the company has been engaged in making new extensions and acquisitions, and being unable to market the bonds issued and intended to defray the cost of the same, finds itself without means to provide for the payment of the new work and consequently has to resort to the issue of notes and bills payable. The Erie has not been providing new mileage or been engaged in undertakings of that nature. Its capital expenditures have been entirely for work necessary in the development of tic property, so as to take care of the constant increase in business and compete on even terms with rival systems. The endeavor of the management was to provide for such outlays as far as possible out of surplus earniDgs and it will be remembered that the last dividend on the preferred stock was omitted mainly for that reason. But surplus earninp have not sufficed to provide for these new capital requirements, and as the expenditures were absolutely necessary and the company had no bonds or securities available for that purpose, the money bad to be borrowed by the creation of ordinary current obligations. The difficulty of course increased with each succeeding year, as the need for new capital expenditure continued and the volume of the floating liabilities kept steadily rising; and this week the end came.

Briefly, then, the Erie has suffered from the defectiveness of its financial machinery. There was no way of providing for the new capital requirements from year to year. The road’s experience teaches a lesson and offers a suggestion which ought not to be passed unheeded in other cases. In this country every large system must have a certain amount of new capital every year. The growth in the volume of business alone would necessitate that, even if there were not other reasons. As the traffic expands, facilities must in greater or smaller measure be enlarged to take care of the increase. There should therefore be some comprehensive plan or scheme iu each case for providing the means for such capital expenditures- A few-companies have already undertaken to supply the need. The new 100-year mortgage of the Cleveland Cincinnati Chicago & St. Louis allows of the issue of a certain amount of bonds each year for new work, and one of the purposes of the second mortgage of the Atchi-

1 son is also to make provision for needed capital from I year to year for improvements, additions, Ac. To

be sure, even when the right to issue bonds exists, it may happen that a company will find it impossible to sell the bonds at times—in periods of financial disturbance like the present lor instance—but if the company is in a sound condition, a market is always open to it when the monetary outlook improves, and with ample provision for new capital neeis a company is never left in the helpless state, financially, in which

the Erie has been for so long. Of course we recognize that the problem how to make such provision is not in all cases an easy one.

Outside its finances the situation of the Erie, as already remarked, is very good. Physically the road has under the present management been placed in excellent condition. In traffic and earnings there has been marked growth. 4Fe gave tables iu our article last December to show the very heavy increase in the passenger and freight business of the system since 1887- 88. To indicate how earnings have grown since Mr, King has been in charge of the property, we present the following.Tear en d in g G ross K et

Seat 30— Earnings. Earnings.1893.......................................................$20,833,083 $4,597,05618°6........................... 2-4,756,067 6,l i t ,4101887...................................................... 26,367,859 6,819,6851«S8....................................................... 27,217,990 6,S29,3501989.................................................................... 27.004,406 6,740,8481890.................... 29,069,933 6,948,883189!...................................................... 30,090,700 7,259,6981892....................... 31,261,734 7,186,957

Of course 1885 was alow year, earnings having been heavily reduced by the trunk-line war and other circumstances, and yet it is marvelous what a record of growth the interval since then covers. Iu the seven years gross earnings have risen from #20,833,085 to

and net earnings from #1,587,056 to #7,- 166,057. Nor has the company suffered any great decrease in the current fiscal year to date. The statement of gross and net earnings for June and the nine months to June 30 has just been issued, and the results are given in the following.

------ilon th o f June.----- - —O ft l {oJu n r30 ,in ch i.~ .1693. 1892. 1892-93, 1891-92.

Oro** . amine*............«2 .668 ,"-3 $2,712,729 $22,309,229 $22,992,034W '.tk h i; I-M-' t .- - * ........ 1 .704,735 1 ,794,678 14,957,403 15,644,667

*963 ,848 $947,851 $7,411,620 $7 ,348 ,267Dul'ct proportion* duo

to lc»***d lioo* * 'r t t dO D aperr«n l'gp l>an». 208 ,815 191.416 1,974,900 1 ,925,890

>.• > •• irnliu.--........... $758,133 $756,133 $5,436 ,920 $ 5 ,1 2 2 ,3 7 7For June gro.-s earnings have decreased only #74,046;

for the nine months the decrease has been $623,705, the falling off in each case being less than 3 per cent. In net there is in both cases a small increase over last year, it will be seen, owing to a reduction iu expenses. Snob a situation eaunot but be very encouraging to the security-holders of the company.

THE IM UIGRA TIO.Y MO VEVENT— ITS CHARACTER AND EXTENT.

Two distinct features of the immigration movement, as revealed in the statistics for the fiscal year ending June 30, 1803, attract attention. One is the continued magnitude of the movement, notwithstanding all obstacles and hindrances, and the other is the change in the character and nationality of the immigrant-; making up the major portion of the same which has taken place in recent years.

As regards the extent of the immigrant arrivals, it is well known that the law is more stringent than it formerly was in the provisions intended to shut outun- d -sirable and objectionable persons, and also that it is more rigidly enforced—circumstances of course calculated to reduce the total. Besides this, in the late year the cholera acted as a check on the movement, as the Treasury order of last September compelling vessels bringing immigrants from foreign ports to undergo a quarantine detention of twenty days was necessarily both vexatious to the immigrant and costly to the steamship companies. Some of the steamship lines,

1 6 6 THE CHRONICLE. [VOL. LY1I.

indeed, found themselves obliged to discontinue immigrant traffic altogether for a time. The ordinary conditions also which usually have more or less effect upon the movement were not altogether favorable to a heavy total. Crops in the United States were much poorer than in the season preceding, while in Europe they were decidedly better. Nor was the trade situation here such as to stimulate a large flow of immigrants this way.

Nevertheless, in face of the various adverse factors, we find that, roughly, half a million immigrants landed on our shores during the twelve months ending June 30. The figures in the preliminary report of the Bureau of Statistics, just issued, make the exact number 497,936. The preliminary statement, however, does not embrace returns from a few of the minor Customs dis tricts, which, while not very important in themselves, are certain to add a few thousand to the aggregate, raising it to above half a million. It is proper to state too that the total does not include immigrants coming from Mexico and the British North American provinces, which since June 30, 1885, have been excluded from the statementsowing to the difficulty of obtaining, under the old law, reliable statistics regarding the arrivals across our frontiers. Of course the immigrants coming from Mexico would in any event cut only a small figure in the results, but those coming from Canada, or rather those coming from Europe through Canada, frequently orm a very considerable army in themselves. Accord

ing to statistics collected by the Dominion authorities the arrivals of immigrants at Canadian ports en route for the United States fluctuate widely from year to year, running above a hundred thousand in some years and dropping to 18,000 or 20,000 in other years. No data are available regarding the arrivals in that way for the twelve months ending June 30, and n the absence of information all that can be definitely

affirmed is that with those arrivals included the grand aggregate of the immigration movement into the United States for the late fiscal year would be considerably in excess of half a million.

We do not mean to be understood as saying that the influence of the cholera embargo and the other adverse circumstances mentioned is not reflected in the movement or that as many immigrants arrived here in the fiscal year 1892-93 as in the fiscal year 1891-92. Compared with this latter period there has of course been a falling off. Disregarding the Canadian movement entirely in the comparisons, since no statistics concerning the same are at hand, the 497,936 immigrant arrivals for the late year at the ports which usually furnish 99 per cent of the entire movement compare with an aggregate of 623,084 for the fiscal year preceding at all the ports, thus showing a decrease of over a hundred thousand. But the point we wish to make is, that the movement remains very large even after the falling off, and that the falling off has, all things considered, been small. An immigration movement of half a million and over a year certainly represents an important addition to our population in that way, and as this total was reached in spite of the drawbacks above enumerated, it is plainly evident that the tide of immigration is still playing a prominent part in the social affairs of the country.

We get perhaps a better idea of the late year’s arrivals by comparing its aggregate with the aggregates for { some of the years immediately preceding. The total o f , 497,936 for 1892-3, as already stated, covers the Customs districts which usually furnish 99 per cent of the entire

amount. For the years preceding we shall take the aggregates for all the Customs districts. On that basis it is found that the arrivals for 1891-92 were 623,084, and for 1890-91 560,319, but that for 1889-90 they were 455,302, for 1888-89 444,427, for 1886-87 490,103, and for 1885-86 but 334,203. As a matter 'of fact\ there have been only about half a dozen years altogether when the immigrant arrivals have exceeded half a million.

It will be desirable to trace the late year’s movement through the different months, to see how far the influence of the cholera trouble is visible. The order of the Treasury Department directing a twenty days’ quarantine was issued the l3t of September, and is supposed to have been in force for a period of about six months thereafter, or until the new administration came into power. It appears that in the two months preceding the issuing of the order—that is in July and August, the first two months of the fiscal year— the arrivals ran larger than in the corresponding months of the year preceding, July 1893 showing a total of about 49,000 against 46,000 in July 1892, and August 45,472 against 45,172. Thereafter a very marked decline occurred, as was of course to be expected. In September the arrivals were about 28,000 against 52,000, in October but 16,000 against 54,000, in November 27,000 against 38,000, in December 22,000 against 28,000, in January 15,000 against 18,000, and in February 12,000 against 26,000. In March the movement again began to assume large proportions, though still running behind last year, the numbers being 42,639 against 53,879. In April the total increased to 75,261, this comparing with 90,595 for April, 1892. In May the aggregate got up to the very large figure of 95,385, being actually 3,143 more than in the same month of last year. In June the number was 67,726, as against 73,120 in 1892. It should be noted how very large the arrivals in the last four months of both years have been, the aggregate for these four months in 1892-93 being 281,011 and for the four months of 1891-92 309,836. The widespread financial and trade disturbances now prevailing in this country will doubtless be more effective in checking the movement than physical and legal restrictions, and as a consequence the arrivals the current fiscal year may be greatly reduced. Thus far, to to be sure—judging by the figures cited— there is little evidence of any great falling off, though for obvious reasons this cannot be accepted a3 a positive guide for the future. «

If the character and composition of the arrivals were satisfactory, an influx of half a million foreigners could not fail to be regarded as a very encouraging circumstance. For there is still room for vast additions to our population, and therefore important benefits might be expected to follow from such an influx. Unfortunately the composition of the movement is not what could be wished, and this brings us to the other feature in the arrivals to which we adverted in our opening paragraph. It is a familiar fact that even the nations and races whose stock we like most to draw upon, are sending us a much poorer type of persons than in former years. Apart from that, however, there has been a decided change in the nationality of the immigrants, or rather in the proportionate amounts furnished by the different nationalities. The late year’s figures afford a striking illustration of the change. We have already stated

jthat aggregate arrivals for the year were 497,936 * against 623,084 in 1891-92. But Italy actually conj

July 29, 1893.] THE CHKOiN ICLE, 1 6 7

tributed 72,403 to the total in 1892-93 against only 62,137 in 1891-92, and when the final figures for the late year are prepared it will be found that more Italian immigrants landed here in the late twelve months than in any corresponding twelve months in our history. In fact, in the whole of our national existence up to 1890 only 388,358 Italians had settled here. In the three years since then the number from that country has been 210,595.

Then there are the arrivals from Russia and Poland and from Bohemia and Hungary. These show a materialfalling ofi from the year preceding, in common with most other countries, and yet notwithstanding this falling oil Russia and Poland supplied an aggregate of 57,316 and Bohemia and Hungary an aggregate of 29,- 049. Combining these with the arrivals from Italy we get a grand total from the sources mentioned of 158,- 768, as against immigrant arrivals from England, Scotland, Ireland and Wales of only 108,716 and arrivals from Germany of but 96,313. We need hardly say that this is entirely a development of recent years. To indicate what a change has occurred in these respects during the last decade, we have prepared the following table. We furnish two sepirate comparisons, one between the fiscal year 1893 and the fiscal year 1883, and another between the combined

ness on Wednesday, July 12. From them and from previous reports we have prepared the following, which covers the results for July 12 and May 4, 1893, and for purposes of comparison the figures for last year (July 12) are given :

July 12,S E W Y O R K . C I T Y . 1893.

Number.... ............................ 49Resources—

Leans and discounts, inclnd’er overdrafts..1308.646,935Stocks, bonds. A c— .............. .............. ......... 37,321,30?Dae from banks and bankers....................... 82,460,974Banking bouse, furniture and fixtures. . . . . 11,390.790 Other real estate and mortgages owned... 737,085Gold coin and certificates..................... — . 50,782,744Silver coin and certificates.................. 4,225,532Legal tender notes and certlf’s o f deposit.. 21.711.077Bills o f other banks ......................... .. 1.101609Exchanges for Clearing House................. 65,4 *2,779Ourren t expenses and ta xes paid. . . . . . . . . . . 200,702Premiums on D. S. bonds.................. . 131,088Other resources........................ 3,502.523

May 4, 1893.

49$307,372,243

37.855,062 36,114,697

' 11,3*5,823 717,280

57,553,055 6.017,438

34.516,199 1.224.7$-,

74,391,729 1.211,480

547.710 3,870.702

48$353,627,162

39.992.09134,748,43711,364,5481,131,7356S.401 47 *. 7,447,105

48,487,299 1,585.401

50,610,331 151,428 029,517

3,962,024

$19,810,000 $49,600,000 69,948,759 55.206,009

^ Total ........................... .............................$538,037,745 $572,758,212 $622,108,602Capital stock paid in...................................... $50,733,500Surplus and undivided profits...................... 58,353,720Circulation outstanding ............................. 6.492,795Dividends unpaid........... ........ .............. .— 839,983 ______Individual deposits................................ 246.730.k51 286,98-5.310 276.524,894Other deposit*.................... 932.636 1,053.611 945,358Due to banks and bankers............................ 155.507,227 168,484,706 283,598.355Other liabilities ........... 18.941.033 150,000 194,273

6,103,443223.383 5,675,458

364.255

Total .............. .................. ........................$538,037,745 $512,758,212 $022,168,602

BOSTON.Number .... ..................... .............................Loan* and discounts, including overdraftsStocks, bonds, Ac,Due from reserve agents... Due from banks and bankeerf..B ink - se !

! «dh*sr real estate and mortgage* owned..\ G*»!c! coin and certificate*— . ........—I silver col n and certificates........................

Legal tender notes and certifl. of deposit..S Bslt* o f other banks... — .........................Kn'bange* for Clearing-House...............I Current 9x1 and tax*** paid . . . . . . . . . .j Premiums on Untted States bonds.. . . . . . .I Other resource*............. . . . . . . . . . . . . ..

Ju'v 12, 1893.55

$137.4 81,412 13.327,377 15.70S,. 64 18,104,068 2,740.125

303,823 5,Pd.703 2.108.8 ■•2 5.5r,§,P0?

785,306 11.088,0* 3

581.5*1 785,505 838,1*8

y^ t55

$142,975,34817,104.709 36,2* 2,975

2,735,825 230,197

5,152,702 1,704,777 7,527,102

7.8,692 10.589.966

216,114842.732

July 12, 1S92.

55$161,213,462

12,277,219 23,2)3.812 14,087.117

2,040,039 208.383

10,192,419 2.3c 2,775 5,854.067

8**0,912 10.280,299

542.879 648.481 885,540

results of 1891,1893 and 1S93 and the combined results | for 1881, 18S2 and 1883. The nationalties are arranged ; in two separate classes, the first comprising the nations I whose contributions are usually regarded with most favor, and the second those whose contributions are j viewed with more or less apprehension. For the earlier j rears we have eliminated the arrivals from and through j Canada, so as to place the results on the same basis with j those for the later years.

CO v s j m m FBOX WillCIf IM k lO lA lt# ARRIVED.-F iiea l Yirisfp.*——% 18$0 fe ’#3 130O le '8 3 i

Cm I. 1893. 1 M 9 r i$ T e a m / (3 Y tar*.iG t m t B r i t a i n . . . . . . . . . 109,710 158,092 348 ,541 491,2330 6 1 M 9 7 . . . . . . . . . . . . . . . 9#,313 134 ,786 340 ,625 633,901A o c U fa . . . ____ . . . . . . . . . 30 .570 10,923 03,803 45,651Sw eden a o d N orw ay. 61,875 181,029 227.843D e n m a r k . . . . . . . . ......... 8.T51 10,316 30,003 31,054

“ . l i t 5 .249 20*580 23,363B m iim tlw X .................. 5*253 12,731 10,471 34,088F r , . , . 5 J 4 3 4 ,9 2 1 18,634 16.052

Total..................CtA«a IT,

316, D3« 458 ,016 1,034,710 1,525,990

and Poland. i f *3 i d 11, $20 219,931 ■14,165B ohem ia and llru ig iry 2 f.O t0 16,702 11 * ,» 42 39,039H H I y . . . . . . . . . . . . . . . . . . . 72*403 31,702 210 ,595 79,35.3

60,414 873 .468 162. 76AM ©liter#........... SJ.24K) 14.051 71,124 79.232

OraiHl to In !. . . . . . . . 497,930 533 ,081 l,9 S I^ 3 :> 1,767,013

We thus see that while in 1883 Class II had only 60,414 j onto! a total of 533,081— that is,only about 11 percen-— 1in 1893 it had 158,768 out of 407.930, or about 32 per f cent. The change is atill more striking in the comparison of the figures for the three years: in 1880-83 only 162,576 out of 1,767,818 immigrants, or abont 9 per cent, came from the nationalities in Class II, whereas in 1890-93 the same nationalities were responsible for 575,468 out of 1,681,339, being over 33£ per cent of the whole. A jump from 9 per cent to 33 percent is a very important one, and presents a phase of the immigration problem which cannot be too strongly emphasized.

Condition or National Basks is New Yobk, Bustos, C h ic a g o , P h i l a d e l p h i a , B b o o k l y n . A l b a n y , W a s h in g t o n ANO New OhmUlNS.-—Mr. Jo.-. H. Eckels, Comptroller of the Currency, has furnished us abstracts of the condition of the national banka in the above-named cities at the close of busi-

T..t«l ................................. S2H.W1.MS ISlO.-iSS.OM 1815.167,10*>‘«MMI *wiek estd I* . . ....................... ........ I -.1.1,1.1.0,1 J.-,S,100.nn.l 153.100,000« ■! l » p r .il'. .................... 2l.HT3.ttX) *<1,101,175

out"!loam *'............................... 0.5:'0.4TII C,lKt,0S0 i,H4,3»(Ovl'i. t i i ...... ........... : 0,4,417 31.80

...................................... ,Sa,Tll..".M 6S.HS.lS2 1!0,1!)8.17»............................... . 2'e.s:-! aviUMt<.!. .mV. «T l uttkero .......................... M.mXMUS 37.718.051 60,S4:‘.«40

m u o .'■'.<!•< - ............................................. 0.80J.47J 1.18*.2a7 75.215Tirt.i......................... ...................... .. . t S u M m t n i m M t 5*43.107.404

Jitfu 12. Van 1, Jvlu 12,Ollicauo* UMk mK lass:i * a w i .............. ................ ....................... -.1 St 22

a » ™ m i -b a n , .a 1 oi..v .#B «. laolad'K overtatfU . fSlASejOSt tS0.83l.837 1104 827.805

: I,. It- ...................................... T.ltl > .021 7,MT.7W 6.332,1.42IMS- ir M ;■<(•.*• ,01 I<»n*< r, .. ............. Iti.:i2-,'.;.232 lS.ii7.X8S7BmMtm b»-*u**9*l*niltt»ra andftguire*..... S '7 ,iu m2,n s &55.H0I€Hhm fm i »«t*fe stud mortgages owned___ 490,701 418,290

............. I- ' . ■•diver Oi.do andcertificate* ................... as.TSAttM .015 2.131,825L««U t*nd*r nete* and ovitTuof deposit... 9,449,412 7.726.8-40 10.910,786Bill* of otharfeesk*.______ L20&,«WI i,?M),$S7 1,261,638Cscbatur** for Clearing-lloiiee............ *,7)0.709 6,«2'\247 6,484.720Cwrveat ex pen#** and Mute# paid.,........ . 3*,037 25fr,556 29,574P r e m i u m * l '. S. bond*........ . 27,470 42,776 166.1UOther r«*oarce»....... . . . . . . . . . . . . . . . . . . . . . . . . 318.8>0 221,152 308,553

T»t*J .. . -- .............................. ...............*189,2*6.;76 $100,864,801 $177,726,704tiaptul *u<k paid In ........................ $30,900,000 $20,900,006 $21,900,000

m and undivided profit*...................... 13.785,928 14,11V 16 12,925,042Ctretotien uttlxtaoUtag. . . . . . . . . . . . 9l3»«8*> 886.609 <99,885tttvldend* unpaid........... .. .......................... %i,tm 4,120 25,846individual ...................... . 66,453.367 75.78 l.j»71 89,985.818Otkerdenoalt# 286,203 258 700Ob« t*.< bank* wad b a n k e r * . . . 86,931,02.1 lS8;>6,59t 01,481,888. ....... .... . . . . . . . * • .$0*> ......

T ota l................. ................ ............... ....... f l 9.1*86,770 $160,864,801 $177,726,361July 12, M ayl, July 12,

P H IL % D E L P H IA . 1893. 1893. 1892.Htimber ................................................. 41 41 41V w m * tneiadlng overdraft#.. tIMJJS.BP.U $96,655,818 $99,014,701Stock*, bond*. Ac ., . . .............. .......... 10,393.953 9.648.785Due fmm w p f f e agent# . . . . . . . . . .. . . . . . . 0.567.685 11.794.706 13,718,116Du# bank* and b*nker*. ............... ?.*T2,»<38 8.582,222 0.477.825Ba&ktug tn.tiA.*, farottare and ftxuir?* ... 3,871,558 3,8*» ,*a3l 6,505,9130«M*r r**al estate and mdrtgaitea oirned.. 8*3,789 357,857 318,413fe id w toW li} certificate*.. . . . . . . . . . . . . . . . . 6.817,4 75 7,60t.*«*2 14.913, SSwn»..r cvrin »ud cefti»e*t4H ............. 8.517,815 4,139,818 3,286.507: «: ‘ . * -I .1 • 8.792.6'9 1 J.:nK.7:-;4Buis o f ofbvr bank*....................... *2-19.162 271,278 223,438Exchange tm Tleartng-Honm .......... 14,833,125 9,076,815 8.852.817

:!.«*>* paid.. 306.018 1* 8.4 13 31 <.16*Premium* '>0 IToltud fitatv* boud*.., . . . . . 46-.‘ 83 4 0,580 451,012OdtMgf m m m em ,........... ............................. 1,620.538 1,703,401 1,528.242

Total................... ...$161,036.70*1 $102,318,330 $176,819,002pnki m ............ $22,705,000 $22,705,000 $22,105,000

Surplus and undlvldt-d profit*...... . I»},«34.8d5 10,540,836 10.120,183rirrul4tb>n«>utk£andin«....... . . . . . . . . . 3,907.-0) 3,68.1,480 3,035,070DlVEIond" unpaid .............................. 93,807 393,221 109.985IfidlvimuJ dvpostU ............... ............ 89.042.095 95,489,411 103,001,604Other depovtf*................. 182,358 168,714 199.793fh v {.. bunk- and banker? .............. 22,241.136 22,791,014 30,523,410Other Uabltitlea. .............. 6,870,000 5)0.000 101,557

T otal. . . . . . . ................................... .$101,036,700 $162,318,330 $176,819,602July 12, ‘ Mm, 4, July 12,

B R O O K L Y N . 1893. 1893. 1892.Number...... . ...................................... 6 5 5

Rmjuxcm—Loan* anddlscottiits. Including overdraft#.. $9,528.81$ $10,629,843 $30,860,934**«,, k». bond*. ...... ................. 2.871.014 2.172,' r.> 2,970,720X>m from reserve agent#.............................. 1.537,380 3,045,460 2,715.005Due front bank* and banker*.. . . . . .. . . . . . . 3* 9.918 100, 77 142.163Banking house, furniture and fixtures,.,,.. 174 885 174.885 175,899Ol her real astute and mortgage# owned-,.. no.2*5 l.fitrwo 16,277

.................. 88 170 607,63 • * 09.165Solver com and certificate# . . . . . . — . . . . . . . . 306,32) 269,088 625.136Legal lender note# and csrt’catc^ of deposit. 855,298 787,-137 1.060.492Utils of other hank*,... 198,143 205,395 2*0.740K f )i re# for « leurlng H’ouw* ........... 1,1"3,154 873,342 1,039,632

............ 3 5 .1' *Fr**ratum*oii i 'tided t o te # b0$4s............. 38,03’1 ^47,040OUlOf rC*50'urcen...... ............................ 02.752 118.047 102,609

......... $17^^574 $18^003,700 $20,062,900

I r o l x x xj Vjn ixyjiy la/JUEj. [VOL. L.VJLI.

BROO K L Y N—(Concluded,) Liabilitits—

Capital stock paid in....................Surplus and undivided profits—Circulation outstanding..............Dividends unpaid........................Individual deposits..................Other deposits..........................Due to banks and bankers..........Other liabilities...........................

Total.......................................

ALBANY.Number.................................................Resources—Loans and discounts, including overdraftsStocks, bonds. Ac...................................Due from reserve agents........................Due from banks and bankers..................Bank'g house, furniture and fixtures......Other real estate and mortgages owned ..Gold coin and certificates.......................8ilver coin and certificates......................Legal tender notes and cert’fs of deposit.Bills of other banks. . ............... ...........Exchanges for Clearing House...............Premium on U. S. bonds............... .......Other resources.....................................

Total..............................................Liabilities—Capital stock paid in.............................Surplus and undivided profits.................Circulation outstanding.........................Dividends unpaid..................................Individual deposits...............................Other deposits......................... . ........Due to banks and bankers.....................Other liabilities....................................Total...............................................

WASHINGTON, D. C.Number...............................................Resources—Loans and discounts, includ’g overdrafts.8tocks. bonds, & c:.................................Due from reserve agents.......................Due from banks and bankers................Banking house, furniture and fixtures.... Other real estate and mortgages owned...Gold coin and certificates.......................Silver coin and certificates....................Legal tenaer notes and cert’fs of deposit.Bills of other banks..............................Exchanges for Clearing-House..............Current expenses and taxes paid............Premiums on U. S. bonds.......................Other resources.....................................

Liabilities—

Circulation outstanding...Dividends unpaid.............Individual deposits.........Other deposits ...............Due to banks and bankers., Other liabilities................

NEW ORLEANS.Number............... .............................Resources—Loans and discounts, including overdraStocks, bonds, <£c..... ........................Due from reserve agents....................Due from banks and bankers...............Banking house, furniture and fixtures.. Other real estate and mortgages ownedGold coin and certificates...................Silver coin and certificates.....................Legal tender notes and certlfl’s of deposit.Bills of other banks ....................Exchanges for Clearing-House......Current expenses and taxes paid__Premiums on U. 8. bonds..............Other resources............................

Liabilities—Capital stock paid in...............Surplus and undivided profits..Circulation outstanding..........Dividends unpaid...................Other deposits .

Jul>i 12. 1893. 3/rt '• 4. 1893. July 12. 1892.. $1,3*2.000 . 2,539,571 5"6.1?1 11,816 . 12,647,531 lui ,8C0 429,599

$1,352,000 2,611 296 488,151 31913,589.793 10.,783 462,361

$1,352,000 2,368,165 48 »*701 18.467 15,965.510 101.851 387,882

. $17,587,574 $18/05,706 $20,662,906July 12, 1893.6

May 4, 1893. 6July 12, 1892.6

. $8,328,418 981.098 . 1,790. mo . 1,499 783 295.000 2,603 655,790 65,772 312,857 70,873 90,241 19,000 55,814

$8,485,499 999 065 1.242,721 1.548.053 295,000 1.4 0 629.347 40.090 168,124 74.001 188,780 S 1,:» 0 81,673

$8,247,473 984,214 2,6.5,56- 1.8-5.492 298 000 26,6*. 1 797.465 41,758 502,094 96.019 151,026 23,650 45,900

. $14,182,279 $13,782,465 $15,774,678

. $1,550,000 1,521,536 . 268,9o0 3,105 . 6,889.753 40,000 . 3,617,1:89 291,036

$1,550,000 1,507,291 259,1 fO 3,207 6,424.77540.000 8,948,05250.000

$1,550 001 1,512,887 265,960 4.719 6,98 -.243 45,000 5,409,839

. $14,182,279 $13,782,465 $15,774,678July 12, ’93. 12 M ay 4. ’93. 12 July 12, ’92. 12$7,316,5251.751.323650,476362,4331,061,8227.300891.621627,036549,40726,155156,42014,058109,518175.347

$7,936,111 3,885 474 74 5,123 704,774 1,06>,748 7.950 1,158,062 738,615 933,995 23,885 303.37 L 86.497 59,184 220,576

$7,820,9671,664.9(52 1,133,447 5‘8,*72 1,063.764 8,300 1,303,437

594.838 704.511 23,417 192,597 31,753 72.952 305,576

$13,699,441 $15,867,365 $15,498,793$2,575,0001,484,071635.2758,0528,514,861

75,o75365.799140,408

$2,575,0001,560,980512,0952,60310,722,47789,915368.69536,000

$2,575,000 1,372,749 52 i,5o0 9.750 10,481,979 71,602 423,153 40.000

$13,699,4 41 $15,867,365 $15,498,793uly 12. 1893.9

M ay 4, 1803. 10

July 12. 1892. 10. $13,938,133 . 3,806,784 . 1,061,372 483,275 609,981 50,913 449,158

1,363.32683,715799,28916,82092,50088,359

$14,860,8944,222.>-341,149,168805,687697.82131,2o8631,2931,368.7781,828.47177.4071,554.223170,131126,26860,416

$12,621,763 3,537,056 1,674,383 632,48- 554,368 34,602 798,397 1,177,64 4 1,38",042 103.069 1,040,857 18,130 148,562 77,127. $24,125,017 $27,484,679 $23,801,488. $3,125,000

798,393$3,625,0002,799,484836.692

12,53617,509,330

$3,625,0002,346,124836,14535.91814,514,890

1,110,227 2,555,765145,932 2,359,41190,000. $24,125,017 $27,484,679 $23,801,488

"Wisconsin State Banks.—We have received this week from Mr. John Hunner, State Treasurer of Wisconsin, a statement covering the condition of State banks of July 3, 1893, from which the following has been prepared.

WISCONSIN.Nnmber....................................... ............Resources—

Loans and discounts, including overdrafts__Stocks, bonds, &c. .............................Due from reserve agents. ..........................Due from banks ana bankers ... . .............Banking house, furniture and fixtures..........•Other real estate and mortgages owned....... .Gold coin and-certificates.............................silver com and certificates.... .........Legaj tender notes and certificates of deposit,Bills of other banks...................................Exchanges for learing-House................ ..]Current expenses and taxes paid..................Other resources. ........................................

J v lv 3. 1893. 118134,1 8,472

1,184,899! 5,714,9481.246,812

( 1,783,577| 3,564,733

88,2? 0784,678Total...............................

Li'ibi'itie*—Capital stock paid in ........... .Surplus ana undivided profits,Individual deposits...............Other deposits............. ......Due to banks and bankers.....Other liabilities. ....... .....

$49,338,379$6,806,900 2,826,251

} 67,826,569 1,826,395 62,271

Total, *19,368,379

S t o c k E x c h a n g e Cl e a r in g -H o u se T r a n s a c t io n s . — The subjoined statement includes the transactions of the Stock .Exchange Clearing-House from July 17 down to and includ

ing Friday, July 28; also the aggregates for Juue in 1893 and 1892.

STOCK EXCHANGE CLEARING HOUSE TRANSACTIONS.»— Shares, both sides.—* Cleared. Total Value.

M oniH— *Tuap, 1892. 16.684.000 1.041,048,200 June, 1 5 9 3 . 17.190,700 1.0l6,»00(00i)

--------Balances, one side.-------, Sheets jShares. Value Shares. Cash.Clear'd.

? $1.598.750 91.566.700 1.433.971 5.8351,682,000 90,200,001 1,783,800 6,395

•— 8hares, both sides.—a Cleared. Total Value.

$July 17,.1,053,400 62.400,000

” 18 .. 696.600 41,800,000 “ 19.. 1,229,900 7o.100.000 “ 20.. 1,305,5 -0 08.600,000 “ 21 .. 85L.700 47,200,000

--------Balances, one side.-------- - SheetsShares. Value Shares. Cash.Clear'd.

$ $85,800 4.2O0.000 84.400 30361.200 3,300,000 92,600 29 2

106.500 5.3 >o.000 258.800 318108,000 5.090.000 121.100 320

72.200 3,500,000 8^.100 308rot-w k ..5.137,100 290.100,000 433.700 21,300.000 644,000 1.541Wklastyrl.839,400 141,900,000 207,600 14,900,000 170.300 1,127July 24.. 1,355.700

“ 2 >..1,068.600 “ 26..1,456.900 “ 27.. 1,594,400 “ 28..1,141,500

74.100.000 114,10053.60 '.000 85,10077.400.000 117,7008 i.500,000 149,80060,000,000 123,900

4.600.000 146.2003.700.000 116.S005.600.000 19 4.0006.900.000 279.1005.900.000 250,700

334311333330326

por, wfe. 6,817,100 349,800,000 590,600 26.700.000 986,800 1,634Wklastyr2.293,500 165,500,000 280,400 19,650,000 222.500 1,239

The stocks cleared now are American Cotton Oil common, American Sugar common, Atchison, Chicago Burlington & QuiDcy, Chicago Gas, Chicago Milwaukee & St. Paul common, Chicago & Northwestern, Chicago Rock Island & Pacific, Delaware Lackawanna & Western, Distilling & Cattle Feeding, General Electric, Louisville & Nashville, Manhattan, Missouri Pacific, National Cordage common, New York & New England, New York Lake Erie & Western, Northern Pacific preferred, National Lead common, Philadelphia & Reading. Union Pacific and Western Union.

g&ott elavtji ©ammer ctal gug lislx HenrilFrom our own correspondent.)

London, Saturday, July 15. 1893.The money market continues very easy, the rate of discount

in the open market being 1% per cent. The Bank of England’s reserve considerably exceeds 19 millions sterling, being about £400.000 larger than last week. The coiu and bullion exceed 29% millions sterling, not far short of 3 millions sterling more than at ibis time last year; and the “ other” deposits, in which are included the bankers’ balances, are nearly 34% millions sterling, a decrease for the week of about 2% millions sterling, due to the re-payments by the outside market to the Bank of England. As money is so abuudant and enterprise quite paralyzed, rates would go even lower were it not for the prevalence of distrust and the fear of gold shipments to New York. About £130,000 in the metal has.it is said, been obtained in the open market, and there are rumors that about half a million sterling will be withdrawn from the Bank of England. If the withdrawals become large there will be a very sharp rise in rates here.

The price of silver fluctuates around 33d. per ounce. There is a fair demand for India notwithstanding the closing of the mints, partly for the arts and partly, it is said, for the mints of the native princes. There is also a very good demand for China, where the fall in silver has stimulated exports. Japan and Cochin-China are likewise buyiDg. Rupee paper continues steady, considerable amounts being bought for remittance to India ; but the India Council has this week been unable to sell any of its drafts. It offered for tender on Wednesday 40 lakhs of rupees—only two-thirds of what it has been offering for a considerable time past—yet the tenders sent in were for less than a qflarter of a lakh in bills at Is. 3%d. per rupee and two lakhs of telegraphic transfers at Is 3 13 16d. per rupee. The Council refused to allot. Trade in India has been quite disorganized by the closing of the mints. There are large imports of commodities as well as considerable remittances in rupee paper and silver, and consequently the Eastern banks do not find it necessary to apply for the Council’s drafts. The Council, however, is for the moment able to refuse to allot, having just raised a sterling loan here of £1,300,- 000 beating 3 per cent interest. The tenders were opened on Wednesday. The minimum price had beeD fixed at 97%, and the average price obtained was £98 17s. 2d. The loan was covered about twice. The result is considered very satis, factory, for the city was greatly disturbed on Wednesday by fears of impending large failures on the Stock Exchange, and by alarmist rumors concerning important mercantile firms. The Indian Government announces for the 15th of next month a rupee loan of 3% crores, that is, 3% millions of tens of rupees, bearing interest at 3% per cent. A very small loan! raised in 1853 4 also bears interest at 3% per cent, but the ex perience then was so unfavorable that the Government has not since attempted to borrow at that rate. Lately it has been

July 2S. 1893. J THE CHRONICLE.successful in converting its percents into 4 per cents; notv it announces that it will pay off nearly all tUe remaining four- and-a-half , and the stock of these four-and-a-haifs will be taken In payment for the new SJ£ per cents.

The Stock Exchange settlement which began on Tuesday morning and ended on Thursday evening was one of the most trying eren of this try ing time. The fall in prices during the preceding fi riuigbt had been so general and so heavy that numerous failures were expected. Besides, several important firms had to receive assistance at the time of the Australian bank failures in the hope that times would mend. Those who gave the assistance having been disapp <inted in the hope, decided not to Continue their help. On M mday accordingly the accounts of these films were closed, leading to a considerable fall, and of course increasing the apprehensions already existing. On the evening of the same day the New Zealand Loan & Mercantile Agency suspended. It has an authorized capital of i % millions sterling and a subscribed capital of 4 millions sterling, £862,000 being paid up, and there is a reserve of £830,000. The uncalled capital thus amounts to £3,187,000, The agency has debentures and debenture stock outstanding amounting to £3,135,000, and guaranteed mortgages amounting to a quarter of a million sterling. Some of the debentures fell due, and as the company was unable to renew it had to suspend. This event of course added to the uneasiness. The next day there were two failures on the Stock Exchange, one of them being that of a very old member who was highly respected and had dune a very large business. On the second day of the settlement two other failure# followed, and oft the last day five more, making altogether in the course of the settle mem nine failures ; only two of them, however, were really important.. On Wednesday the excitement became intense, and at times it looked as if we were on

tbe eve of a panic. AUrmi-t rumors of all kinds were circulated, most of them entirely unfounded. But on Thursday morning tbe apprehensions abated when it was found that the rumors were so far groundless. Still tie uneasiness continued, and after the closing of the Stock Exchange many members assembled around the doors of the principal banks that lend to tne Stock Exchange to ascertain whether checks given bad been returr ed unpaid. The checks of one small member were returned, and some irregularly was discovered in those of another. But though it is probable that a few more su.-pen.-,ions will occur, there is a much better feeling, and, for the present at all events, it ia hoped that the worst is over. The American department was the mostt disturbed of any, and on Wedntsday in particular the fail was very severe. Bu; all other departments were depressed, especially those for Mexican tet-nntiea and for international stocks.

Most of the joint-stock bank# have now announced their dividends, and with a few luffing txceptiots they are very satisfactory, being at the same rale as at this lime last year. Only three railway dividends have as yet been announced. The She® Id & Lincolnshire has passed it* dividend. The London & Brighton has declared a dividend of 4>4 percent per annum against 3*4 per cent at this time last year. The company carries forward an increased balance which would have permitted of a fuitjier increase of % per cent tu the dividend. The London & Tilbury distributes the same rate as at this time last year.

The appearances a«e at present that no arrangement will be arrived at beiw«en the employers and the employed in the coal trade. Your readers will recollect that the employers demand a reduction in wages of 25 per cent. The local meetings held by tbe miner* to elect delegates to the meeting to be held early next week have all decided against auy reduction, and in fact against arbitration. Even the employers think that the miner# wdl be firm, that there will lie a general lock-out, throwing hundred* of thousands of men out of employment, and that the lock out will last for at least a month. Tbe Federation is doing everything it can to induce the miners of Northumberland and Durham to join them, but » w not thought likely that they will do so. But the dispute will extend ever the who)* of England except Northumber-

nd and Durham. Waka and Scotland likewise are outside toe Fedei%tioiSsJulvIT-- PUleT * Alx'11 wr,M «* follows under date ofd U r ? » ~ N h « s ‘ « . . p E'l,,r" h l ' tv','n "<* dem and for co ld , andwhich * i 1 “ " '7 •*■*” * ,ha »•*•» influx being h h j .im o . o fI t J v L r 't t 1• ? ]“ C M l l . i l5 .0 W ; Woet todies,SifpraenUto^mbsy/isV.OOO Chl“ ’ s 'i ‘ MOi *•**»• £llo'ow-

Silver—Mlver h is given awav since our last, ow iog to the adverse act on y t the Ameiican rrea-uirv in rega-di .g ourr-nt rates as exoea? e iie t-luta ist'U yujgfr-ely, aud the present p riceo l 33d. is l kelv to improve. Arrivals: Chili. £*-.'.0 d»; West Indies. £17.000; New York! ^ t M O - O 8Wwne“ t!,: to n e o 3> £ t6,ouO: China/Juna 2$£15*.'

M exican D ollars—There has been no business in these coin, from N e w \orfc, £ 1 1 ,loo . Shipm ents to Straits, £L7,uuO. A rrivals

Tue following return snows tne position ot tne Bank of England, the Bank rate of discount, the price of consols, compared with the last three years:1803. 1892, 1891. 1890.

July 12. July 13. July 15. July 16.£ £ £ £

Circulation........................... . 26,920,-80 28,567,435 26.4^5.550 25,275.3 5Public deposits....... ................... 5,493.668 4,201,173 5,*9i,883 4,214.611Other decosits .............. ........ . . . 34,427,404 S8.609.4l7 37,152,135 *29,040 677Government securities . . . . . . . . . . 13,707,044 13 290.491 12.423 006 14,1-03 257Other securities................. ........ 25,227,414 24,80* J 78 80.461,943 24.857.017R eserv e ............................... 19,113 511 16.601,953 15,952,4 Si 11.676,159Sold and bullion ......................... 29.58l.70l 26,719,3^8 25.963,033 20,501.174Prop. 4KM*t4 to liabilities per ct. * m 44 15-16 39 34Bant rare ................... „per cent. 2% 2 3% 4Co m oIs r g per cent.................... 90 H 96^ 95>T 96 9-16Clearing House returns.............. 109,988,000 117,583,000 135,869,000 179,851,000

The following shows the imports of cereal produce into the United Kingdom during the first forty-five weeks of the season compared with previous seasons :Importsof wheat.owt.5ft.041 . 12 *B a r e j ......................... 14.H24.U5Oats.................................. 11 ,953,105P e a * .............................. 1.9Bean*.......................... 3.560,067IrnlUa oorn...................27.664.912F lou r............................. 17.907,676

IMPORTS,1892-93. 1B91-92. 1890-91.

50,471,561i 5,401,0 s 1 13.600,6^8

l.SOo.314 2,724,064

25.7 3,565 13,982,270

1889-90.48 .5 8 f.68 513.576.08210,854,8291,608.5932,940.195

35.466,78614.793.492

59,719,970 15.370,317 12.839.672

2.434,232 3 .5 6 s ,923

25,261,182 17,250.811Supplies available for consumption (exclusive of stocks on September 1):

_ 1892-93. 1891-92. 1890-91. 1889-90Wheat . . . . .0 W t.5 5 .0 ll.l2 i 59.7111,970 50 ,47t.5«l 48,587,665Im port-of flour.........17,907.676 17.2ft6.ell 13.9-2,270 14 792 492Sale# o f h om e-grow n .23 .8 5 o ,i8 3 28 ,302.561 32.169,967 42,416 ,000

T ota l..................... 96,302,288 105,369,342 lH»2-93. 1891-92.

Aver, price wheat we«k.26s. 8a. 29s. 2d.Average price, c -a eon ..26«. 9d. 34#. Od.The following shows the quantities maize afloat to the United Kingdom;

Th I f > rrtk , t » , i week,*& *• »..................qrs. 3,708.000 3,360.i>00FUmi. equal to q r* . 300 .000 334,000M sire...................... (jrs. 414 ,000 44r,uOO

96,623,793 105 .796,157 1890-91, 1889-90.

38s. 7a . 33s. 2 d .3 is . Oil. 30s. 6 d .of wheat, tiour and

1892. 1891.1 .935.000 2 .241.000

314.000 247.000628.000 459,000

Kuullsti S ittau stal •x&rweta—t-er Cable,Tins daily closing quotations for securities, aw., at London are reported bT cable as follows for the week ending July 28:JDondon.

Silver, per o t ....... .......... « j 32%C ,o*ol*,ne w, 2 % per eta. I 99

do tor a ccou n t...........! 99F on reates jin Perimfr. 97 871V. 3. 4s of 1007..............!............< a tadlai. Peolflo... 72%C .10. M il. A St. P aul___ 1 58%f taol* C entra l............... 93I. ore S h o r e ...................... 11»L .u u n l l s * N M h rills .. ,>3%M (d ea n Centra! 4a . 47%V , Y. C e n tra l* H udson. 102S. Y. ftaka En« A W W ti

lo 2d co n s .............S u ffo lk A W estern, pref. » •rttiern Paciflo p ro f.. .P -nnaytvaaia................PdladBiphU* Hearting.tT iioo P aciflo ....................W *naali p ro f. . . . . . . . . . . .

12%7318’a 21 50%

719%14%

Mon, Pue». W ot. Thur*. Pri.

32% 32% 32% 3 2%9<% « « 'T e 83% 931!%,

981 « „08% 9611 „ 98%07-80 97'S7% 97-57% 97 02% 97 80

71% 7 ! ' , 7r% 71% x '0 %ft*% 53% 52% 5 t%92 92 91 iH

H B % 1 19 111** 113 1 )7 %84% 54% 03% 50% 54%47 *7 47 4 7

tu •% 102 100** 97% 102%*2 ♦ 12 9% 9% 10%64 t>7 53% 59 041»®« >9% 19 19% 2023%50%

22%50%

2 t%

^ %

20*450

22*s51%

7 6% «% « 7a1 9^ 1'4% 18 17% 20U 13% 13 11% 13

(Dofumevctat anti m isc e lla n e o u s R en r*^ a t i o n a l B a n e s .— T h e f o l l o w i n g s h o w s b a n k s r e c e n t ly

org a n ized , etc* ;RECENTLY ORGANIZED.

4,027—'The U nit National Butte o f North E vst. Pa. Capital s tock , $ 50 ,0 hi, George W. Blaine, President. B, C. tipooumr, Cashier.

INSOLVENT.4 ,606—The Chemical N ational Bank o f CUtosgo. TU., i* Insolvent, and

w *«. on du ly 21, p laced in tue iiaud- o f Jouu.P . H op kirns, re ceiver.

4 ,334—The First N ational B ink o f R ico . Col., Is I u sol vent, and was, on du ly 21, p laced in the hands o f M »iu-s;*U, to*‘fiv e r .

4 ,117—-The L iv id .s to n National B ank LiviuCaton, M »ut., is iu »o lv ou t, and on Ju ly 2 j , p laced in tue uaud* .*! .1 iu.i- r U .-rcor, receiver.

2 ,803 —Tin* Bozem an N ational B ink. B ozetnm . *u it. i * insolvent, and w i „ on J u ly *22, p laced iu the h inds o f G e> rg i b . H o Luau, receiver.

4,796—The Puget Sound Natl >nal B ink o f E verett. W is !i„ 1* Insolvent, and wuk. on J u ly 22, ,-laced In the il »u d # o f »Vilu iui A, time, receiver.

IN LI /LIGATION.3 ,776—'The First National B »u< ot Wa £ee»**y, K an., has gon e into

vo int «ry dquLlation, by reao.utiou o f its stock i older a dated June 30, istM

3,834—The North T exas National B nk o f Dallas, Texas, has gone into voluntary liquid *tlau, by resolution o f its stockholders dated July 13, 1833.

1 7 0 THE CHRONICLE, [Vol. LVII,

TUB FOLLOWING NATIONAL BANKS HAVE BEEN AUTHORIZED BY THE COMPTROLLER OF THE CURRENCY TO RESUME BUSINESS.

2,421—Gate City National Bank, Atlanta, Ga.2,401—First National Bank, Los Angeles, Cal.3,050—First National Bank, Sau Diego, Cal.3,520—First Naiional Bank, Santa Ana. Cal.3,527—First National Bank, San Bernardino, Cal.3,538—Tlie Southern California Natioual Bank, Los Angoles, Cal. 3,631—Merchants’ National Bank, Fort Worth, Tex.3,941—Second National Bank. Ashland, Ky.4,153—Capital Natioual Bank. Indiauapolis Ind.4,186— First Natioaal Back, Palouse City, Wash.4,277—Washington National Bank. Spokane Falls. Wash.4,486—National Bank o f Commerce, Provo City, Utah.

I m p o r t s a n d Bx p o r t s f o r t h e W e e k .—The following are. the imports at New York for the week ending for dry goods July 20 and for the week ending for general merchandise July 21; also totals since the beginning of the first week in January.

FOREIGN IMPORTS AT NEW YORK.|For Week. 1890. 1891. | 1892. 1893.

Dry Goods.......Gen’l mer’dise.

T otal..........Since Jan. 1.

Dry Goods.......Gen’l mer’dise-

¥3,208,8387,211,144

$2,584,7807,571,079

$2,473,0087,572,098

$2,814,2326,785,984

$10,449,982*89,365,122216,728,335

$10,155,859*67,453,750233,342,864

$10,045,106$68,658,188249,599,619

$9,600,216$81,526,683277,773,084

Total 29 weeks. $306,093,457 $300,796,614 $313,257,807 $359,299,767T h e im p orts o f d ry g ood s fo r on e w eek later w ill be fo u n d

in ou r rep ort o f the d ry g ood s trade.T he fo llo w in g is a statem en t o f the ex p orts (ex c lu s iv e o f

specie) fro m the p ort o f N ew Y o rk to fo re ig n p orts fo r the w eek en d in g J u ly 25 an d fr o m J a n u a ry 1 to date:

EXPORTS FROM NEW YORK FOR THE WEEK.1890. 1891. 1892. 1893.

For the w eek.. Frev. reported.Total 29 weeks.

$6,646,256181,925,284

$7,184,772189,252,110

$6,919,031218,405,841

$7,814,714193,183,184

$188,571,540 $196,436,382 $225,324,872 $200,997,898The following table shows the exports and imports of specie

at the port of New York for the week ending July 22 and since January 1, 1893, and for the corresponding periods in 1892 and 1891:

EXPORTS AND IMPORTS OF SPECIE AT NEW YORK.

Gold.Exports. Imports.

Week. Since Jan. 1.$16,639,747

17,990,10225,453,100

6,437,86815,468

1,132,6701,013,020

Week. Since Jan. 1.

Great isiitain............ $ ............ $212,667 $928,570 4,129,600 1,038,392 2,284 300

42,570 757,371

60,493

Germany....................W est Indies...............

340,759584,773

Bouth A m erica .........A ll other countries..ggg|Total 1893..........

Total 1892..........Total 1891..........

5,500 27,5878,107

$5,5002,812,024

$68,681,975 $1,173,893 45,805,863 44,583 74,735,204 700,548

$9,241,2966,352,1032,477,943

Silver.Exports. Imports.

Week. Since Jan. 1. Week. Since Jail. 1.

Great Britain............ $1,123,000 $16,967,126132.198187,300419,663

66052,17335,594

$ ............ $2,670787,440

West Indies...............M ex ico .......................Bouth Am erica..........A ll other countries..

Total 1893..........Total 1892..........Total 1891..........

500

2,37514,66010,794

2,320

34,019746.616543,456

84,885$1,123,500

44.000487,566

$17,794,71412,335,790

8,081,218

$30,149 77, *67 90,178

*2,199.0861,267,0751,244,871

Of the above imports for the week in 1393 $60,476 were American gold coin and $143 American silver com. Of theexports during toe same time $5,500 were American gold coin and $500 were American silver coin.

—Messrs. Redmond, Kerr & Co., in a circular just issued, present a tabuiand statement showing the range in 1892, contrast! d with the present low prices, of 36 of the interestpaying bonds of leading railway companies. The compiler of this statimeDt is Mr. Arnold G. Dana, who has taken charge of Mtssrs. Ridmond, Kerr & Co.’s Statistical Department. The table shows the fixed rate of interest on these securities, the ratio which that rate bears at present low prices, and the extremes of flnciuations within the period mentioned. The result of this exhibit is to show that many bargains are now obtainable in these railroad securities.

Mr. Arnold G. Dana is a nephew of Mr. ffm. B. Dana of the C h r o n ic l e , and since 1888 he has been connected with the C h r o n ic l e office. During several years past he has held the position of editor of the I n v e st o r s ’ Su p p l e m e n t , and has thus acquired an accurate knowledge of railroad securities, which will be of great service in his new business connection.

New York Stock Exchange—New Securities Listed.—The Committee on Stock List of the New York Stock Exchange, acting under authority from the Governing Committee, have listed the-following stocks:

G reat Northern Railw ay- - * 5,000,000 additional preferred stock as ami when issued, milking total amount listed *25.000,000.

Louisville E vansville & St . Louis consolidated railroad Oomfany—$2,432,000 general mortgage four per oent gold bonds of

N ational Shoe & L eather Bank— ii500,000 additional capital stock, making total amount listed i|Sl,000,000.

Called Bonds.—The following bonds have been called for payment:

M is siss ip p i R iv e r B r id g e Co. bonds numbered 43, 153, 286, 364, 494, 599 and 621 will be redeemed at the banking office of Messrs. Cuyler, Morgan & Co,, No. 44 Pine Street, New York City, on Oct. 1, 1893.

Louisville Evansville & St. Louis.—The Stock Exchange listed this week $2,432,000 of this company’s new general mortgage fours. These bonds have been issued to retire preferred stock at 80 and pay off floating debt. The general balance sheet on April 30, 1893, was as follows :

Assets.To cost L. E. A St. L ..

“ III. & 8t. L . . . .“ II. T. C. & Co.“ V. & Car..........“ B. C. & E ........“ Telegraph line

To equipment.............. 1,120,638“ First consolidated

bonds in treasiuy “ Common capital

stock in treasury“ Cash on hand.........“ Material on hand..“ Uncollected earns.“ acc’ts in suspense.

$9,166,494 2,274,015

593,832 414,428 766,168 100,000

159,000280,700

45,93053,978

213,5977,800

Liabilities.By com. capital stock. $3,790,747 ** Pref capital stock 485,962

Funded debt......... 9,397,875Pay-rolls & v’chersBills payable.........Equipment notes.. Bond int. accrued. Balance to credit

incom e.................

253,602343,881149,293140,920

634,301

Total........................... $15,196,584 | Total........................... $15,196,584The statement of earnings from July 1,1892. to May 1,1893,

ten months, shows gross §1,545,1734, net $538,306.City Railroad Securities—Brokers7 Quotations,

Atlantic A v.,B ’klyn.St’k.Glen. M., 59,1909...A&O

BPoker 8t. & Ful.F.—Stk.1st mort., 7s., 1900-. J&J

Br’dway & 7tnAv.—St’k.. 1st mort., 58,1904 .J&D 2d mort., 5s, 1914...J&JB’way 1st, 5s, gn...... ’242nd 5s, int. as rent., ’ 05.

8rooklyn City—NewStock B’klyn crosst’n 5a., 1908

Bkn.C’y&N’n58,1938. J&J Central Crosstown—St’k ..

1st mort., 6s,1922.M&N Oent. Pk.N.A E.Riv.-Stk.

Consols.78, 1902 ...J&D Dry Dk.E.B.& Bat’y—Stk.

1st mort., 7s, 1893..J&D

Dry Dock E. B’y & B.—25 30 Eighth Av.—Stock............

105 108 Eighth A v.—Scrip, 6s, 1914 42a & Gr’nd St. F’ry— Stk.

1st mort., 7s, 1893. A&O185102 104102 104 42d St. Manh.<& St.N.Ave.102 104 1st mort., 6s, 1910.. M&S92 2d M„ income,6s....J&J

180 181 Honst. W.St.& P. F ’y—Stk. 1st mort., 7s, 1894..J&J107

100 105 Ninth A ve.........................140115 120 1st mort., 5s, 1909.MAN

150118120 1st M., 5s, 1937. -..J& J105 Twenty-third S t—Stook..

95 100250 ........ .105 110300 ..........102........

70 72 110 113

60i 64 200 L ..-J104|..........126 130 . 105 115 , 100 103 j

:::.I8 S111'___ _300 ........

JM. I. ami Brooklyn Was Securities—B rokers ' Q u otations.Bid. Ask. 1 GAS COMPANIES. Bid.110180105135140

120 125108105123105

140~*150100

Municipal—Bonds, 7s— Fulton Mnnicipal.............

16010585

120Do com....................

GAS COMPANIES.Brooklyn Gas-Light......Jersey City & Hoboken.Metropolitan—Bonds___Mutual (N. Y .).................Nassau (Brooklyn).........

Scrip..............................People’s (Brooklyn)......Metropolitan Brooklyn)

108125*4165

7540

Auction Sales—Among other securities the following, not regularly dealt in at the Board, were recently sold at auction,

By Messrs. R. V. Harnett & Go.:Shares.

1 Lawyers’ Surety Co.......... SO10 Standard Gas L. Co., com . 3 3 1,

Shares.50 Corn Exohange Bank....... 2521*

Shares.204 Northwestern Ohio Nat-

Shares.2 Thurber,WhylandCo.,pf. 36

ural Gas Go................... 30 6 Westinghou.se Electric &5946 Third Ave. RR. C o .... 176-178 Mi'g. Go., pref................

21 Louisv. Ev. & St. L. Ry..100 Tradesmen’s Nat. Bk___ 85 7>S26 American Surety Co....... 175 Bonds.4 H ’oker-Jones-J’well Mill

ing Co., pref................. 85$7,000 E. Tenn. Va. Ga. RR.

consol 5s................................ 71*

_____ Ranking and F inancial______F r a n k B. B e e r s ,

CITY. ) ( FOR ESTATES,STATE, B O N D S . 1 INSTITUTIONS,GOVERNMENT ) D L/ O . INDIVIDUALS.

BROOKLYN STOCKS.20 0 M O N TAG U E S T R E E T , - - B R O O K L Y N , N. Y .

Telephone 1663, Brooklyn (Long Distance.)

S p e n c e r T r a s k & C o . ,BANKERS,

1 0 W a l l S t., N e w Y o r k . 1 6 C o n g r e s s S t . , B o a t o aA lb a n y . P r o v id e n c e .Members)oUNew York and Boston Stock Exchanges

__________________IN VESTM EN T SECURITISE____________________

S a m u e l D . D a v i s & C o . ,BANKERS AND DEALERS IN INVESTMENT SECURITIES.

NO. 4 4 W A L L S T ., N E W Y O R K .Samuel D. D avis, Chas. B. V an Nostrand.

Member N Y. Stock Exchange._____________________________ ,

THE MERCANTILE NATIONAL BANKOF THE CITY OF NEW YORK.

No. 191 Broadway.C a p ita l. - $ 1 ,0 0 0 ,0 0 0 1 S u r p lu s F u n d , - $ 1 ,0 0 0 ,0 0 ©W I L L I A M P. ST. JOHN. President. I FREDERICK B. SGHB1NOK, Oaihlst.

JAMBS V LOTT, Assistant Cashier.A C C O U N T S S O L IC IT E D .

July 29, 1893,J THE CHRONICLE. 1 7 1

'i'hje ja n k e r s ' Cfea^ettc.D I V I D E N D S .

Same o f Company.

K > i l r o i d » .K an. C. St. I.. A C b i o. p f . gu a r. (q a. .■ Louts. A Mo. R iv er pre f. fg a a r .). Homo Wat. & O gd .,gasv . ujtiar.).St. P aul & Duluth, p ret...............T erre H aute A: InA..........................

B a n k s ,L incoln n a t io n a l..............................>\ T . Nat. E x cb a tjg r ......................

T r u s t C o m p a n ie s .Farmers' Loan & tru st...............Hamilton. Brooklyn tquar.).......H olland m u a r.l................................N assau, B ro o k ly n ............................P eople s, B rook lyn (quar.)...........S ta te ...................... ..............................

MI s e e ! I a n e o n « . B lack w ell's D urham T o b a cco .~ New Eug. Teltsp. A fe le g (quar.) P rocter & G am ble, co m .................

PerCent.

WhenPayable.

Books Closed. (Days inclusive.)

1% Aug. 1 ------------ t o ------------3% AUg. 1 ■------------ t o ------------1% Aug. 15 Aug. 1 to ------—

1 3*2 Sept. 1 July 30 to Sent. 13 A ug. 1 July 20 to A ug. 1

4 Aug. 1 Ju ly 20 to J u ly 313 Aug. 1 - — — - to ------------

5 A ug. i — —— t o --------—Aug. i J u ly 24 to Aug. l

•-'Hi Aug. 1 ---------- to — ---- ------3 Aug. 1 J u ly 26 to A ug. 12 Aug. i J u ly 23 to Ju ly 313 Aug. i ------— t o -----------

3 Ju ly 21 ------------ to ------------,75c. Aug. 15 A ug. 1 to Attg. 1512 Aug. K. Ju iy 27 to Aug. 15

W A L L S T R E E T , F R I D A Y , J C I .Y Sts, 1 8 9 3 - 3 P. M .The Money Market and Financial Sitnation.—After

another severe decline in prices at the Stock Exchange this week oar market has been supported by the purchases of foreign buyers. This is a most hopeful sign and it indicates that in London they consider the repeal of our silver law a foregone conclusion. Nor is it the first time that the foreigners have been able to take a clearer view of our affairs than we

Foreign Exchange.—Sterling bills were dull and fairly steady until Wednesday, when rates became decidedly weaker in consequence of the high range for money. There were considerable purchases of stocks and bonds for foreign account. this week and shipments are reported of over §3,000,000 gold from London to this country, including to-morrow’s engagements. To-day sterling bills were steady in the morning but weaker late in the day for long bills. * Actual rates of exchange are: Bankers’ sixty days sterling, 4 801A(§4 SO3/- demand, 4 82A'@4 S3; cables, 4 83>£@4 83^.Posted rates of leading bankers are as follows:July 2a,

Prim e bunkers' sterling b ills on L on d on ..Prim e co m m e rc ia l ................................ ..Documentary commercial..............................

Sixty Days. Demand,4 8L ® 4 83 4 83*2-94 854 79*s®4 79%4 79 ® 4 79%5 243835 23% 5 21%®.') 21%

3938339% I 395is39% 94 -094*2 1 94 SgaSlLr

United States Bonds.—Quotations are as follows:InterestPeriods

2 s , .......................... reg . Q.-4a, 1907 ................ r e « .;Q .---------4*. 1 9 0 7 .............cou p . © .-Ja n .8«, en r ’cy . '9 5 -----reg . J . & J.8s, cu r ’oy ,’9 6 . . . . r e g . J . A J.6s, oue’e r , ’ 9 7 -----reg . J . A J..'8a, cu r 'cy ,'9 8 ___ reg . J . a- J.8a, e u r 'e y .'9 9 — reg . J, A T

July22.

July24-

July25.

July28.

July27.

July2s;

* 97 * 97 * 97 * 97 * 97 * 96•noH i -llO H i *1101) 109% *108*9 109*4*110 Hi *110*9 llOHa lio s a 109 109•103ia *103ia *103*9 *103 *103 *102*100 *106 n o e *105 *105 *105*108 *103 *108 *107*9 *107 *107*110 *110 *110 *110 *109 *109

1*113 *113 *113 *112*9!*111 * m

Government Purchases of Silver.—The following shows the amount of silver purchased to date in July by the Government.could get at home; for some weeks past their financial newspapers have been speaking of the repeal of our silver law as anecessity that would force itself upon us sooner or later, and their bankers are apparently willing to back up the opinion by taking some of our securities at the low prices now ruling. The vitality of bankets and stock brokers in this city has been wonderfully shown in the trying circumstances of the past three mouth*. The shrinkage in values has been enormous, and yet all the failures of any consequence, including

Ouncesoffered.

Ouncespurchased. Pncepaid .

P rev iously reported............ 5,091,000 1.307.000 90-7000 ® $0-7345*315.000107,500

25,000

$0*7<’ 00 ® ___ . . . »**' 2 4 . . . ....................... . 286,000

175,000$0*6960 ® .............$ 0 7 0 2 0 3> . . . . . . . .

Total in m onth to July 2 3 . . 5 ,552.000 1,754.500 $1-6960 a> $0-7345"* Ad.tUhucYfanimint parelxM nl Friday, July 21; total purchases o n

July 21.345,000 ounces.the two of this week■* *can t*S countsd on the ten fingers.What other branch of himin in the ftmntry could sfclow suchstrength and staying rsowers ini tlie fat16 of a similar shrink;-age in its principal ariacle#<jf trade?The stiver laws hav<j ai.0Wl)eeti in for*» about lift*-.m vears*Under the Bland-Allison It 0f 1878 'there; were? cot ned over$114,000,000, not ine!mlling■ 000 000 additiowal ffont- theCiuds dollars. Under th0 &hennan law of Jiuiy 14, 1390, therehave Ixsen issued over $i147.qOCjl000 of coin note#, makiog inall the enormous sum of |$JGK of nile«»r and notB» forcedHoiw what Sis th resuit? Moneyis more stringent than it CV8t W3wbefores and the fact iS abuntl-antly demonstrated that anf atoount or sUeer tette# withoutthe confidence of the litn4m.S3 Commoniity will do roc>re barmthan good and will never make money easy for farmer, planter or banker.A notable feature of the present crisis has been the increased dealings in Government bond*. During the past week some $.1,000,000 have been bandied by a leading house, and since June 1 about $20,000,000, counting purchaw-* and sales.There have been deposited this montri at Washington by national hanks over $1,600,000 aa security for new circulation. The sellers have been mostly out-of-town institutions (largelyWestern) who were fortifying cash reserves by these sates.The Open market rates for call loans during the week on •took and bond collaterals have ranged from 2 to 72 per cent, the average being 10 per cent. To-day rates on call were 2 to 51 per cent. Commercial paper very difficult to negotiate; nominal quotations are 8 to 12 p. c. for the very best grades,Tne Bank of England weekly statement on Thursday -mowed an increase in bullion of Kid,000, and the percentage of reierve to liabilities was 48'33. against 47*97 last week: the discount rate remains unchanged at 2*j percent. The Bank of France shows an increase of 2,085,000 franca in gold and 3,800,000 francs in silver.The detailed atatemeot of the condition of the Clearing- House banks has been discontinued for the present, and will not again be issued so long as there are any loan certificates outstanding. The totals, however, are furnished as usual, and the figures for last Saturday (July 22) as compared with those of the preceding Saturday show an increase in the reserve held of $2,048.tO0, there being a deficit Wow the required reserve of $1,256,330, against a deficit of $1,289,100, the previous week :

July 22,Differ en'*from

F ret. week.1 m %

Ju ly 23,1891.

July 25.

Capital . . .........Shrptea .. . . .___Jboaiis a nitClrenfcittoii...........H e % *i .......Specie .........Legal tender*___R eserve h e ld . . , . , Lejfal resetve__& orpin* reserve..

* » . *60,422 ,700 ................. 60,372,70071.594,. W ......... ' 87 ,430.700

40!*, 191.500 Dr. 4 308 ,300 490.378,2fK> 8JI25.300 In c .. 129 ,000 5 ,1 15.400

990 .476 ,200 l » 0 3 ,897.800 521 .047,800 83,853 ,300 In r . 1 .5 -4 .4 00 91,257.800 32.509,200 t o e . 503,700- 82,817,800 98.362 .500 loo .2 ,088 ,100 151,075,70 * 97,618 ,050 Dec. 924 .150 131,011,900

*60.772,700 6 4 .U 7 .8 0 0

399.591.400 3 .913,600

400,751.700 6-1.339.000 53,080,000

121,399,000 101.638,675

D f.l2 ft« 550 f n r ,3.012.550 23,003,800 19.710,325

Mute ami Railroad Bonds.—Sales of State bonds at the Board have included $9,000 of Tenn. Settl. 3s at 88, and $1,000 Ala. class “A” at 100.Railroad Linds have been more active, but at the expense of prices. Tiie large decline in stocks and the appointment of receivi rs for the Erie Railway were influences which depress.-d bonds greatly, and on Wednesday and Thursday the I lowed pric.Ni were reached on free sales of the lower-class j bonds. Kri** 2d consol* touched 53 and close at 59; Chicago ' St Erie I-t ■>.> close at 89. Atchison bonds were freely sold, the 1st 4* touching 63J£ and closing at t>8)<, and the second 2E;-fe class “A" reaching 211 and recovering to 34. Mo. Kan. & Texas 1st 4s were fairly active and clow at 75; Rich. T.5* Tr. rec. declined to 17 and close at 17^. Sn. Pac. cons. 5a declined .to 89J£ and close at 43J , and Chic. & N. 1 ‘nr, 1st 5s touched 50 and close at 55}£. The range of other bonds may be seen in the table oil another page, and there is little to say of the market in general except that the first mortgage bonds of railroads having an established earning capacity axe good property and should not be sacrifice, i by holders on account of a temporary decline in values. Moat of the popular first mortgage bonds on Western railroads heretofore reorganised notv bear only 4 or 5 per cent interest, and this the respective roads have been earning, usually with a large surplus $0 spare, so that the investment holders of these bond* should not be frightened into selling them on account of the present financial stress produced by tiro culmination of the silver policy.Railroad and Miscellaneous Stocks.—Our stock market has again been subjected to extraordinary pressure with prices down to lower figures than at any previous time in years. Strange to -ay, relief has come in a measure from the purchases by foreign buyers, and the low range of our stocks and bonds lias tempted money from London and the Continent. The appointment of receivers for Erie was a blow to the market, however much it may have been expected by some, and the suspension of banks in Milwaukee, Louisville, Indianapolis and other place* in the West, with a n-newed drain of currency from New York, and high rates f >r call loans here, were circumstances so unfavorable as to carry down prices quite sharply. The bottom was touched on Wednesday, and on Thursday a recovery began which was kept up until the close, as the buying to cover shorts and tba purchases for foreign account gave material support to the market. To-day the tone was steady in the morning, but later in the day a largo break in Chicago Gas to 46J£and in General Electric to 3Uf on bear attacks unsettled the whole list. The last named closed better at 35)A Eric declined this week toT',. and closes at ; Manhattan El. fell to 100 on Wednesday, sold back to 109 Thursday and closes at 108; Western Union touched 61% and closes at 70 ; N. Y. Central declined to 92 and closes at 98; St. Paul went to 40%, and closes at 51%; Northwest touched 81%, and closes at 90, The daily range of all active stocks is recorded elsewhere. Among the unlisted, Sugar was most active, ns usual, touching 66%, and closing at 69%. Lead reached 18%, and closes at 20%. Silver certificate, for the week sold at 69%(g70%, and close at 70 bid.

1 7 2 THE CHRONICLE. rvou L'vn,

NEW YORK STOCK EXCHANGE— A C T IV E STOCKS fo r week ending J U L Y 28, and since JAN. 1, 1893.HIGHEST AND LOWEST PRICES.

STOCKS.Sales

o f the Week.

Shares.

Range of sales in 1893.Saturday, July 22.

Monday, July 24,

Tuesday. July 25.

Wednesday, July 26.

Thursday, July 27.

Friday, July 28. Lowest. Highest.

A c t iv e R R . S to c k s .17*6 17% 147S 17% 13 15% 12% 13% 12% 14% 134a 147e Atchison Top. & Santa Fe----- 64,287 12% July 26 36i« Jan. 16*2 *1% 1 % 1% *1 % 1 % 1% 2 2 500 1% Julv 2566 66 *63 67 63 63 57% 61% 54% 55 56 57*s Baltimore & Ohio................... 2,427 5 *% Julv 27 977e Jan. 24

*6614 68 *67 b8 67 67% *66% 68 66 67 67>s 67 % Canadian Pacitio...................... 900 66 July 27 90*4 Jan. 1641 44 43% 44 42 44 37 41 34% 39% 39% 40% Canada 8onthem .................... 8,7*6 34% July 27 58% Jan. 169714 97% 94 96 93 95 81 91 8438 87 87% 90 Central of New Jersey............ 8,5<>4 84 July 26 132% Jan. 2114% 15 14% 14% 14% 14% 12% 14% 13 14% 14 I t 's Chesapeake & O.. vot. tr.cert. 13,5 8 12>s July 26 26 Apr. 6

*130 135 *120 L30 *125 .30 3u 134 July 15 145% Feb. 175% 76% 7 % 76 70 74% 69% 7 1 % 69% 73% 71% 73% Chicago Burlington A Quincy. 105,683 69% July 26 1037g Jan. 21

*57^ 59 57 'a 57% 57% 57% 56% 57 *4 56% 57% *56 60 Chicago A Eastern Illinois— 1.400 56% July 27 72% Jan. 25*91% l 5 91% 91% 93 94 90% 91% 89 92 •8.4 94 Do pref. 1,020 89% Julv 27 105 Jan. 235 i7s 54 % 51% 5 1 % 48% 525* 4 6%j 503* 47% 51% 50% 52% Chicago Milwaukee A 8t. Paul. 2d6,43 L 4638 July 26 83% Jan. 23

107 LOO 107% 108% 104% 107% 100 104 100% 104 105 106 t>o pref. 4,*- 56 100 July 26 126 Jan. 2395 9t% 94 9 7% 89 95% 84% 89% 86 91 89% 91% Chicago A Northwestern....... 64,36* 8478 July 26 11638 Feb. 1

135 L35 135 L35 228 135 July 55714 54% 56% 59% 55% 58% 53 56 54 56% 56% 58 Chicago Rock Island A Pacific. 99,709 53 July 26 89-38 Jan. 2332 32% 30% 33 28 30% 24 28 25 29 27 30% Chicago 8t. Paul Minn. A Om. 15,706 24 Juiv 26 58%. Feb. 9

105 L08 M U L08 100 100 100 LOO 95 98 99 99 Do pref. 460 95 July 27 121 Feb. 33414 35% 33% 3t% 30% 34 25 30 28 31 29 33 Cleve. Clnoln. Chic. A 8t. L .. . 13,487 25 July 26 60% Jan. 23

76 76 loO17% 17% 16% 17% 16% 17 14% 16 14% 15% 16% 17% ColumbuB Hooking Val. ATol. 5,480 14% July 27 32% Jan. 19

*55 *55 *F0 60 57 57 50 73% Jan. 17114is 1147s 114% 115% 114 ll43g 102% 111 103% 105% 107 109*4 Delaware A Hudson............... 7,599 102% July 26 139 Jan. 27137is 138a, 138 L40 136 138% 130 136% 127 135% 130% 133% Delaware Laoka w ann a AW eat 72,479 127 July 27 156% Jan. 27

*8% 9% 9 9 8% 9 '9 32527 28 26% 27 25% 26% 24% 26 25% 26 27% 27% Do pref. 5,463 24 July 19 57% Jan. 23

**« % '% % *% % *% % *% % *8 *8 East Tennessee Va. A G a ....... 100 % July 3 57s Feb. 4*9 15 *9 15 *9 15 *9 15 •7 15 *7 15 Do Istpref. 10 Juue 3 35% Feb. 3*2 4 2% 2% *1% 3 *1 % 4 *1 3 *1 3 Do 2d pref. 200 2 July 7 11% Feb. 3

129 127 127 * 128 70 HU 73 90 90 90 Evansville & Terre Haute— 4,771 70 July 26 152 Jan. 12io 4 104 *104 110 *D 4 110 *104 110 100 100 *104 112 Great Northern, pref............... 200 100 July 27 142% Feb. 7

9014 90^4 88% 90 88 88% 86 87% 86% 90 894a 90 Illinois C entra......................... 3,534 86 July 18 104 Jan. 255>s 5^8 ’ 5 5% 5 5 *5 5% 5 5 % *5 6 Iowa Central............................. 1,025 5 July 25 11 Jan. 25

15 15 *14 16 15 15 *12 15 12 12 *13% 15 Do pref. 365 12 July 27 37 Jan. 1615 15 14% 14% 14 14% 13 13% 12% 13% 13 13 Lake Erie A W estern.............. 3,030 1*2% July 27 25% Jan. 1468% 68% 65% 67 65 65% 58 58 56 58% x54% 5^% Do pref. 5,436 x54*s July 28 82 Jan. 18

114 1)6 115% 116% 113% 116 106 114 106 112 j1078 113% Lake Shore A Mich. Southern. 28,866 106 July 26 134% Apr. 8■*96 99 9 5 % 96 *94 97 93 93 90 90 *«9 90 Long Island.............................. 325 90 July 27 118% Jan. 215138 52i« 52% 53% 50 52% 4 7% 503s 47% 51% 516s 52% Louisville A Nashville............ 48,725 471? J uly 26 77% Jan. 2112Ja 1338 11% 13 12% 12% 9 11 8% 10% 9 10 Louisv. New Alh. A Chicago.. 6,330 8% July 27 27 Jan. 14

114 1 15 114% 116 111% 114% 100 111 102 109 105% l ln Manhattan Elevated,consol.. 38,252 100 July 26 174% Jan. 13*89 89 89 89 89 89 89 85 85 86 86% 1,328

*9ia 10% 9=8 95s *9% 10% *9 10 *8 10 *84a 10 Minneapolis A 8t. L,. tr. rects 100 9% Julv 19 II19% Jan. 1423 23 *22% 3o *22 30 25 25 *20 30 18*4 20 Do p r e f i r . rects 70b 18*. July 28 i|49 Jan. 16

*9 9% 8% 9 8 8 8% 9 *8 *a 10% Missouri Kansas A Texas — 800 8 July 19 16 Jan. 25I 6V1 16i* 16 16 15 15% 13% 15 133g 15% 14% 16% Do pref. 5,120 13% July 27 28% Jan. 1624% 25% 22% 25% 21 23% 16% 20 17% 19% 19% 20% Missouri Pacific........................ 36,972 16*4 July 26 60 Jan. 21

*13is 20 *13% 20 15 15 6% 9 7e 9% 10 9*a 10 Mobile A Ohio........................... 1,775 6% July *26 3578Jan. 579 79 200

98 99% 98 98% 95 98% 92 96 92% 98 96% 97% New York Central A Hudson. 22,791 92 July 26 111% Jan, 2511 11 11 11 1 1 11% 10 10% 10 10 11 13*4 New York Ohio. A 8t. Louis .. 1,950 97s July 18 20 Jan. 17

56 53 53 53 53 45 50 47% 53% *45 53 Do Istpref. b63 45 July 26 78 Jan. 2320% 20% 22 22 20 20 18 20% 19 19 20 20 Do 2d pref. 1,690 18 July 26 41 Apr. 510 % 12% 11 n % 10% n % 7 % 9&s 7 78 9% 9% 10% New York Lake Erie A West’n 75,698 7% July 2d 26% Jan. 2525 25 2 1 % 25 20 23% 15 19 18 20 21 23 Do pref. 6,895 15 July 26 58 Jan. 2420% 2i% 21% 22% 20% 2 1 % 187e 21 3g 20 21 18*4 2i% New York A New England . . . 26,412 18% July 26 52% Jan. 17

*9 13 *9 13 *9 13 9 9 *8 13 *9 12 New York & Noitbern, pref.. 100 9 July 26 38 J an. 241 2 % 1 2 % 12% 12% 12 1 2 % 11 l i% 11% 13 12% 13 New York Ontario A Western 4,879 11 July 18 19% Jan. 2011 11 10% 10 % 10 10% 9 10 8 8% 10 10% New York Susquehan. A West. 4,480 8 July 27 21% Jan. 23

*38 40 39% 39% 39 39% 38% 38% 39>a 41 Do new pref. l,o2 o 39 July 21 1173% Jan. 239% Jan. 10

19% 19% 19 19 16% 17% 17% 1938 19*s 19% Do pref. 3,107 16*2 July 19 39*4 Jan. 238% 8% 8% 8% 8 8 734 8 7 8 s 8*a 87a Northern P acific...................... 5,138 7 July 19 18 >« Feb. 14

21% 22% 21% 23 19% 22 18% 20 19 20% 19% 21% Do pref. 28,664 18% July 26 50% Feb. 611 11 *11 15 *11 13 * 1 1 13 100 25 Feb. 1

*25 40 *25 4o *25 40 *25 40 *25 40 *25 40 25 May '6 49 J an. 25*45 55 *45 55 *40 50 44 44 43 43 39 7s 40 Oregon R’y A Navigation Co. 53o 397e July 28 84% Jan. 23

*5 10% *5 10 •t 10 10 10 *6% 10 *5 10 Oregon 8h. Line A Utah North 2 10% July 6 25 Jan. 167% 8 7 7 7 7 4 6% 5 6% 7*4 8*8 Peoria Deca'nr & Evansville. 4,215 4 July 26 18*s Jan. 21

13 13% 13% 1 5* 13% 13% 1 2 % 13% 12% 13 12% 13% Philadelphia A Reading......... 23,582 12% July 27 53% Jan. 25*14 35 *14 1.5% 1* 14 14 14 143s 15 *12 15 Pittsburg Cinn. Ohio. A 8t. L. 6b0 14 June 7 21% Jan. 24*46 49 *46 49 463s 4b% *45 48% 40 40 40 40 Do pref. 475 40 July 27 62 Jan. 24

t l 78 1% n % 1% ti% 1 % t% 1% 170 1 % 11*4 1 % Rich. A W. P Ter’l,tr . recis. 5 ,6 ' 5 i% July 2b || 12 Feb. 313% 14 12 12 12 13 12 12 1,500 12 July 2b || 43 Feb. 0

16 Mar. 16 22 Jan. 2562% Jan. 28

*4 5 *4 5 4 4 % 3 % 38! *3 48 *3 5 St. Louis Southwestern ___ 40.* 3*, July 24 7% Jan. 188 8% 7 7 % 6 6 6 6% 6% 7 % Do pref. 2,630 6 Juiy 26 15 Jan. 18

29 29 30 30 28% 28% 28 28 27% 27% St. Paul A Duluth.-................... 60u 27% July 28 47% Jan. 18*100 103 *100 103 *100 103 103 103 *100 103 Do pref. 1C 160 May 5 108 J an. 30101 101 99 100 *98 100 96 97 95 95 98 98 St. Paul Minn. A M anitoba... 1,007 95 July 27 116% Feb. 14

24% 24% 24% 24% 24 24 19% 19% 19 20% *18% 19% Southern Pacific Co................. 1,660 19 July 27 35% Jan. 166 6% 5% 6 5 % 5 % 5 5% 5 b% 434 5 % IexaB A Pacific............ .......... 3,*>05 4% July 28 11 Jan. 199 9 8 8 8 8 7 % 8 8 8 7 % 7 % Toledo Ann Arbor A N. Mioh. 1,030 7% May 2 J 40% Jan. 31* 40 * 40 * 40 * 40 * 40 40 Toledo A Ohio Central.........

*70 *70 70 70 * 70 k 70 * 70 100 70 July 2518% 19 18% 19 16% 18% 15% 17% 16% 18% 17% 19 Union P acific........................... 14,99 1 15% July 26 42% Jan. 27

6 6% *5% b% *5% 7 5 5 % *5 6 6 6 Union Pacific Denver A Gulf. i , 2ac 5 Juiy 2b 18% Jan. 166% 6% b% b3g 6% 63g 6 6 7 7% 1.41C 6 July 2b 12% Feb. 8

1 2 % 13s 12% 13% 12 1 2 % 9 % 12 10 n % 11 *8 12% Do pref. 16,403 10 July 27 26% Feb. 71 1 % 12 n % 11% 1L 11 10 10% 10 % 12% 11*4 11% Wheeling A Lake Erie......... . 2,13C 10 July 26 23% Jan. 1741 44% 43 43 40 40 34 41 31 35 x34 38*o Do pref. 5,052 31 July 2 7 67*4 Jan. 17

6% 6% 6% 6% *6 7 *6 6% *5% 6% *6 b% Wisconsin Central C o . . . . . . . . . 20( 6% Juiy 18 15% Jan. 23J J lisce lla n eou a S to c k s . 1

26% 28 26% 2 '% 27% 28 24 25% 25 27% 25% 27 American Cotton Oil Co......... 7,278 24 July 26 51*4 Mar. 357 57 *55 58 56 58 50 51 54 56 56 58% Do pref 2,396% 50 Juiy 26 84 Feb. 1471% 73% 71 74 70% 73 67 71% 66% 7 1 % 67% 72U Am. Sugar R e f.C o ................... 14 2,433 62 May 5 :13 4% Eeb. 67414 74% 72% 7 4 % 73% 7 3 % 68% 71% 68% 71 71% 73*4 Do pref. 5,011 68 May 5|l04%Jan. 19

*54 54 54 55 *55 60 55 5383 83 83 83 82 83 82 82 79% 79% 78 79io Do pref. 897 78 July 28 110% Jan. 351% 53 51% 53% 50 53 43% 50 44% 49% 46% 50% Chicago Gas Co., trust reo’ts 233,536 43*s July 26 94% Jan. 21

*7 11 *5 10 9 *7 10 25% FY)b. 721 *21 *20^ 24 20 21 20 20 20 20 1,144 72 Feb. 14

117i« 117143 l»5% 115% 116 117 110 115 108 115% 114 117 Consolidated Gas Co.............. . 3%9t> 108 July 27 144 Jan. 2018% 19 18% 19% 16% 1 9 % 13% 16% 12% 16 si ■ 4*s 16% Distilling A Cattle Feed’g Co. 31,777 12% July 27 66^8 Jan. 341% 49% 48% 5 5* 45 50% 40% 47% 41 44% 31% 4534 General Electric C o ................ 156,165 31% July 28 114% Jan. 16

tI4 14% tl5 15 m 34 t l3 7e 137g n o 13 t l2 12% National Cordage Co., n ew ... l,55o 7*, July 711147 Feb. 10*34 42 *32 42 32 32 *4 2 52 t42 42 *35 42 Do pref. 315 32 July 25 13 8% Jan. 2023 25 2 % 23% 21 22% 20% 2 1 % 18% 214* 19% 22% National Lead Co.................... 22,782 18*s July 27 52% Jan. 215 7 % 58% 54 56% 54 56 48 53 48 53 51 54% Do pref. 7,966 48 July 26 96 Jan. 20

6% 6% 6 6% 5 % 6% 5 57ft 4% 5 4% 5% North American Co................. 12,235 4% July 27 1178 Mar. 29*8 22 *8 10 *8 10 *8 20 *8 2011 11 *10% 11% 1 i 11 9 10% 8% 11 9*a 11 Pacific M ail.............................. 4,698 8*s July 2 7 27% Jan 2

*57 *57% 57% 57% * 57% 57% 57% 5,000156 158 155% 156% 153 155 146% 352% 145 149 150 150 Pallman Palace Car Co.......... 4,7 b ,4 i July 27 206 Apr. 13•68% 70 693* 693* *69% 70% 70% 70% *70% *70 Silver Bullion Certificates___ 40,00 62 J i.n e .b13% 13% 12% 13% 12% 13% 10% 12 1 1 % 13 12 12% Tennessee Coal A I r o n .......... 9,6*2. It Si J "ly 26 | 3 7% Jan. 14

61 61 1 • 28 102 .Tan. 3131 31 30 30 *28 32 25 25 26% 284s 30 30 United States Rubber Co’ . . SuC k ill/ 26| 60 ^ Apr. 1874% 76 725* 7-; % 72 743v 671* 73% 67% 723t 69^ 7-2% W(*Bt "V 1 26hnt J si 0

These are hid ajid asked ; no ale tnauo x E x div. Old certs. t First instalment paid.

July 29, 1893.] THE CHRONICLE, 1 7 3

.NEW TURK STDOK ETCBA.XHE PRICES (Continued)—IN A C T IV E STOCKS. (% Indicates actual sa les.)

INACTIVE STOCKS, f lad lca tee unlisted.

July 23. | Range (sales) in 1893.

B id . Ask. L ow est. Highest,

R a i l r o a d S t o c k * .A lbany & Su»<inehanna..............100B elleville A South. HI. pref.......lOOBoston A S . Y. A ir l iu e pref-.VOGB rooklyn E levated " ................... 100|Buffalo R ochester A P ittsburg . 100

P referred .. . . . . . .................— 100Burl. Cedar Rapid* A N or.........100Central P a cific ....................... 100Cleveland & P ittsburg . .............. SODes M oines & P ort Itmlsee......... 100

135........*158 Jan . 165% Feb.

2423

98 24 23 75 45

i s h is " ? ie%1 4 0 5 )......... 135

' 4

SO

Gr. Bay Wits. £ St P. tr. t e e .

IGO 10 30liO 4%

; n %b%

100 14to oio o 3% 5100 « 8100 12 15

H ouston £ $ e ia # O n tr a t ......... lOofliu io l* C«ntral leased line*-----100Kanawha £ S fli-hisan.................H OK eokuk £ Des M oines ................100

P referred ............. .— .............. 100Lou 1.v. K v a n .o . £ St. I . Conn.lOO

P referred .......................................100M abonfng C oal............................... 50

P referred ...................................... SOM exican National...... ...................10uM inneapolis £ S t U tr. rvc*l*. 10O

preferre-i tr. l e e 't s . .................. lOoM orrl* £ E * * r i ....... ..................... 50.N. Y. Lack. £ W estern ................ lOoN orfolk £ sou thern ..................... H OP eoria & E astern ...........................100Pitta. Ft- W ayne £ C im *»:o....K >i>Pitt*. 4 W estern p f ......... -......... 50,R ensselaer it S aratoga ................10ORom e W * t.£ tlictieoiiburgtj . . . SOo at. L ou !. A lton £ fe t . Il-u te .. l o o

225

11la It 5 9V

SlayJu lyJv.lvJu lyJulyJulyJttlvJu lyFeb.Ju lyJm vJulyJune

511

38811

JulyJan eJuneJaneM ay

10 July 2 ! V June

.......... 47% F ob.......... 100 star.

106 M ar

S'- 10 ! 9K July19% 20 ; 19*4 July

.....................H O July

........................1 )2 Mur.40 ......... i 50 June

I N ......... 4 Slay140 __ H O July

30 ..... 30 May...................... 185 June

100 105 101 July25 35 29 M ar

102% Jan. 41% Jan. 37 Jan. 86% Jan. 65 J an. 29% Jan.

1 5 7 w Jan. 9% Jan.

24 Mar 14% Jan. 32 Jan. 23 Jan. 77% Jan.

14% Jan. 29% Jan .

7% Mar 91 Feb. 14% Jan.

28 Apr. 27 Slur. 49 Jan.

10u Mar. 105 May

18 Apr. 32% Slay

163 Mar. 114 Jan.

60 Feb. 9% Jan.

150 Feb. 42% Apr.

179 Feb. 112% Jan.

37% May

I n a c tiv e Sto ck s . f Ind icates unlisted.

July 23.

B id. Ask.

jsfc, Louis A lton & T. H» p r e f . . .I 0 0 Toledo Peoria <& W estern.. . . . .1 0 0

115010 20

/ l 1 . - . r e l la u e o u s s t o c k s .Adam s E xpress..............................300 130

47; i o s

H O50

American E xpress.......... ............ 100Amer. Tel«graph C a b le ... . . .1 0 0

jlchie. June Ky. &. S tock Y a rd s . 100 ....... —

< Y.torado Fuel £ Iron , p ref....... 100(’ ohiniuus £ H ock ing C o a l........100 f " 5% " 5 %

; Consol, f o a l o f M aryland......... 100/E d ison E lectr ic Illum inating ... 1 Oo

22 % 90

301) 1%

Laclede G as.....................................100P referred ......................................100

: 1250

1360

Maryland o a l............................... 100Mil- ii i t an-P ec In sular Car C o . . .100

P referred ......................................100......... .......

....... GO*15

. . . . . .

10300

S ailonal Lin— ed Oil C o ............. 100Xatlonai Starch M fg. C o............ 100

■ ........................IOO:O nuino eU ver M ining................. i o oPennsylvania COal....................... 50

I 1U

*’ *6*7

240. . . . . .

HQuickcliver M in ing...................... 100 2 2%

T exas JPaei lie Land T ru s t .. . . . . 100d n 8. Exi-ress ..................... 100 : 4t»%

/W ells . Fariro E xpress ..........100 130 140

150 Ju ly 14 M ay

8 Slay

135 Ju ly

77% July 4 June

80 Si ay 93% Jan. 9 9 7e July 80 J uue

5% July 180 Feb

Jiaaye i salest m 1893.

Lowest. Highest.

160 Jan.

26 M ay 90 J u ly41 June 10 July55 J u ly25 J <> u. 22 Mar.97 May 85 Ju ly 64 M ar. 14% July6 July7 July 9 July

260 June

82 Feb. 13% May 2 Star.

12 M.ir.8 Ju ly

49% July 65 July

135 July

150% Mai14 Slay17 Jan.

120% Feb. 92% Feb.

9% Apr.108 Jan.

93% Jan.109 Jan. 111% Jan.

29% Jan. 185 Mar

31 Jan, 131 Feb.

71 Jan. 26 Jan. 74% Feb. 25 Jan. 29 A pr,

106% Jan. 100% Jan. 69% Jan, 41 Jan. 34% Jan 11% Jan. 19 A pr.

300 Mar|

83% Feb. 16% Slay

3% Feb. 20 Feb. 13% Feb. 70% Jan. 99 Jan.

150 Apr.• S o price Friday; latest price this week. t A ctua l sales

NEW YOKE STOCK EXCHANGE KKICES.-Sr.4r£ BONDS J U L Y 2*.SECU RITIES. Bid. A*k. i:

JUhhamae—CU*« A , 4 to 5 . . . . .1 0 0 6 Class B, 5s ................. . 1006 h-

!

o«

iC

-4 i

w

C la«aC , 4 , .............................!••• •;Currency funding 4ft............ 1920

Arkansas*- « * , fa n d -flo l. 1800-1 nOO1r. N-Ti iiuUoril

7a, A rk a sw k Central HR . . . . . . . .Louisiana—7 * . co n s ........... . . . .1 9 1 4 105

Mlonuuri— P on d ............... 1 894 -1 -95

SECU RITIES. Bid. I A«k. SECU RITIES.

New Y ork —da, loan. ...1993. . . . .J & J

P onding m t . . . . . . . ___ . . . . . .1 9 0 0 !New bond*. J J k ) .........189*2 1S9SChatham B R .................•••.«*•«•*••[S p#eiid sa x , cTimms I . . . . . . . . . . * * . . JConsolidated 4 s ....................1910

.ftbod & I #Iaa d—6s t eon ... IS93* 189 4 \

~~G*. no©-fond. 1*88 5

301015

l1

1 f 2%

8.C. Ccont.}—Brow ti consoI.6s. 189oTennessee Os, o ld ..........1892-189*

C om prom ise, 3 4-5-68............ 1912New settlem ent, 6s ......... .. .1 9 1 35b. . . . ........................... 19133 « .................... 19L3

V «rgm ia—6*. o l d ......... ....................id bonds..................

6», consolidated, 2d series, reels. 6s. deferred Pat rec ’f , stam ped -

Bid,

95

Ask.

100

68%

♦ New York City Bank Nt*temeiit for the week ending June 10,1898, la m follows. W# remit turn mph#r$ *001 in all caiei.BJlS&B.

(00« omiufti.1 Oapiiai Surplus Loans. Mpteu. Ltpmt*. j

Bank of New York.. Munha’ taa Co....... -Mechanic#*.-.,...-..

2,060,02.0*7,2

lyO iAf2, 120,7Ph#nix.. C ity ..

3.000. 01 2,25? i1.000. 0j 4 to,3

Chemical* ' gfcMttL . milts N*tV****LE»rehaai»* KxeiT’ce Chrilat' “Btttcb«f»’A 0 r® v W“ * f A Tm d’mHmtuwlr*’Oreenwleh*..„ -------Leather %t»»afac*r*; Sevan th Nat tonal... i State *>! N**w York.' * Btftftea Bxch'g**- -.

Commerce... . . . . . . . . .Broad • *g . _________ jPacific. ......Republic..— . . -------Chith* u . . . . . . . . . . . . iTtxmWm . . . . BTftrtfc A m erica -.. . .f i t w * « .......Irv in*............. .Clttaftox*,..-------. . . . .Market A Fuitoo. . . I 8k M chola*.. . . . . . . .Shftft St Leather.....Cora E x c h a n g e .|Continental,..........O riental..... . . . . . . . sImporter** St Trad’* P a r k . . . . . . . . . . . . . . . . .Eaet Ri?er .............iFourth :i attooaL. . , Central NatioftaL... Second National....Ninth N ational.....First National. . . . . IThird National - . . . . fJf.Y. Nat Exchange Bowery.., . . . . . . .New York County.. 6*raaa< Anw fican ..! Q'hmm Fifthmmmm Exchange.. %sr®Aat* |0nl*e»l state#. .......Lincoln..........0ar8«idFifth National . . . . Back of the Metro* West S ide ......... ..

1 ,i*00,* .750.0 SOU, 0600.01

l,m AMm om *00,01 30* ,0 600,01 w o r n 1,200,0:.

-205.3

7/231,4tm tm3 lisa 4*1,1117 %M570.3 131.Si SOM;

&m*0,0i 2/17-/,»»! 5,000,0! 3,fi«*/4| 1,000/6 1,014, i L mOO,U 1,1 A ,4 J **■ * **'4 *23/ M O M !

450.0

f 0*1,0 L0oo,0

60o,0| SOO.''I600.01 750,01 600,0? 5*<o,o|

1*000/*V|0u,0t

300,0

469.0 043, 0**8.6 6 .0tm ,»

X M 5t* 3 *s.8: 471,2 3rS,i151,0277.*-

1,281,C 271,4 4/1 "

1.600,01 5,1^0,‘A

Sixth National . . . . . Wftasera National-.

E S S S h B S S S tTotal.

n .fo ^ .o12,077,0 #,*77,4 %17h0i

14.45S, l 3,8. a,Of

14»46M| 2,3#2,6|...3,44 3,01 6tm \7l i,m 7 MSlilA O i j im M A 101M 1,6PM 33©5,2

1ft,418,1 5,0o4,sl

i , m oi m a m

nm m 1 0 m

1,448.7: 47#J

040.0 s2,4

W)2,0j654.0

A043,i: 1,981,0 j308.41 301.3!

4/li0,O| 3,09?,0 486,2f StJ.i744.7?217,011 3M j690,4!S52,3f

5 ?31*015.01,526,01.016,6

772.8153,11

0,6#9,8) 1,6 £ 1,1

2m,o l»4,sS,2*0,l> 2,022,-a,wK>.u m«6Li

m i. 63»,»75 i.o 3,->.n&0*hO l.Jd ',*

130/2999*096*69 548,*299*9 550,©

311.3699,0 I.im,7m ,o 08*,b20»#,o 50*,X2<«>." 5011,2600,11 5*3,59U9*o *»6,ft200,P 48s.1299,0 318,691*0,0 733/2200,0 20-*,2699,9 28i,i9u0,0 36*',w

2*109,0 200/2299,9 842.4

liSko***,442,7 tl,594.e

6,H #, 1.009.71 5,151. d

13,01-2,42,67a, 0}2.644.3 2,e?0.4| 4,17*%lj 2,201,1 3,6/#, u7.834.2 3.804,S1.912.4

7*-,540/' 21,032,7

1.007,7 16.3-0. 7/»0.*,O 5,0.1,0 3.ods..t

5.01 o,s1.400.2 2,08*1,02,5-1.7

!.**,9S»,U 5,*S ,32.838.13.818.1 4,852,« 5/265,8 */>ttft0 1,861,0 6»6uM 2/20. *,02.784.0 1,711/16.525.0 4,517,8! 2,858,61

i ’28,0! 169,1638.7

6,837,3135**, * I 243.91 471/2101.3 3*3.0

1,9*9. e 083.3. 177, e

4,253,0! 6.0 is. 6)

9**,5 3,608.1

0 l 3.0 S3 *,0433.0

1,4 *5/2 1,107.5

00,45180?•311.8

f ,22c, I988.7 163, • 332,?1,330,»|679.8

1,186,1270.4865.0413.0539.0276.0

3. *12.5 1,100,8

265.5

991,8!m i 242.3 294*11 4»NMfi

1.580.,*478,8!

•S IM

1*942.51698*0!

P,S3O,0 18*6 « u

8,244/2 6/244,0

U ? h>/2 3/£24,0

12,780,32.481.0

11,1*53,0M99SL*4.691,61,862,82.003.0 1/148.4 2,532, n 1,73 *,%2.403.0

12,021.0 11,093,8

4,50**,88507,5

10 ,4 a .26/231, i 3»#87/2

.2 2,i 11*624,98*S,» 2,544.0417,# 2,0?5.S440,» 2,471,5390*4 4*161*0340,2 2,3i",457 i.O 3,103.0431,0 7,470 3481 A 4.380,4594,7 1,070.0

3,3SS,0j 7.104-0!

24 2,3 704,0! 90 ,0 7*24,0829.0

s . 'W . i 1J.A.i « » , * 3»j.o

87.4 *#*.»

1JH-M 680.2 604,3 334.8! 47 *.5*43/*293,8791.0*2W-',0811.0 192,0 681,2 m iM 600,2

36,146.0 9*9/1

16.8 40.* 7.49 1.0 5.5*77,0 8.83-.5

17,701.55.439.0 1..0S kS 3*203,0 3,55.3,3

1*. 4 3.0 0,157,58.224.0

New York City* Boston and Philadelphia Banks;

B a»k e .n , Y » r k . Jnne 14 ...

M IS ... « 33 .

S f lt lO B /in ly 8

** IS ...“ 22

la iy $ ,,,

23 ,..

i d *pUat Ai j Surplus. | Loonj. Specie.. \ htqnU, Deposits, t CHrc'Pn Clfsarino*.

t f 4 *;l:« .0 l-.a :4 0 5 .«8 6 .i 05,823.2 39.974.8139.U17.J US,950,4 liJ .rs fJ 37,158,2

j diJ.d!7..\ » l- .« «5 .8 .11,7.M.7 32,884,1 fJ2.0l7..'>;413.4» i.H S2.S*8,9 J.•.O0A.5 £.12,017,5 ,0 , . 181,3 <M,833,a 32.808,2

*07,0-9,1H98,070,s394,174,0300,470/2

5.663.45.616.45.710.35.094.3 0.025,3

500.202.1610.1 0,4 550,037,9 501,019.2 549,735,0

! 94,642*9 U 9,616.7 64.642*0 1*9.661,9

8.377,8 5,348.9 tl,iH7.Hi 6.1113,8 8.304,SI 3,858,7

123,072,6120.044.0123.261.0

0.307,40.580,60.711,7

94,319,088.819.285.333.3

35,708,7 f i 93.0 X 1,0 35*79.3,7110*2,758,0!3-*/ftM,71«02, l mjH

34.692.024.105.0

00.974,09?*370*».96.114,9

i:?il§3,001.0

00.452,7 04,202,7 07 050, 3

* W# w$4amt m all th#4* pjurm,6ft pbia, the item ** due to other buna*/’ f Including, for Boston and Phila

Miscellaneous and Unlisted Bonds.—Stock Ex. prices.

8»*s78

1 fl» «e tN a # «a a B o n d i.C i.ia a J k B. Yd#. —€’«!. t.g ,5«!‘ aim i. ■ .cm. it H.arit. r.Mt a 1. - 0.. g.iCmtmVu €: *al —Concert. 6#... <>«♦."*# Co /'3Mo,—let ga.5i§!Dear. C. W-ii. Wx* —«jeo.g.5«!» « f. S i t con.KAh Itiv ,«r ,» « i»t g. 3a.. . /EdiaMO El««. 111. 0 u ,-< it 5 « .:

able 0 ,& F,— let ...j Hettdtfreoa Bridge—let g.Hob-•ken Lead 4 im p .-g . 5a Mich.-Pc«iu. C#r Ut 54. g . . . . .>1 utiiA.i Utttwu Teiftg.—04. g .. \‘ lO0 b. National 8* arc . M fg .—latSe.l 90 a . N orth western T degraph-—7 a.1 . . . . . .Peoria Weter C j. -0s, g ' luO b,

* 88V* I0‘» a. 9 3 -»a

*100 b

511 Acellftnftone Bond#,People*# Qm Jt 0 . 1 let g. 6».

Oo , Chicago . . . J *2d g* 8«- Pleaa. Valley Coal - Ut g. Os. Pr *c*or A tiam ble—U t g. 0m -?uu*lay Craek C*»al U t g 0s., \V«*tera Uniou Tel eg. —, .Wheel. L && P.Coal le t g 5#

U olU tftd B ond*.Ala, tfe Ytckn.—Coaeol. 5e, g.

n Vlok#. dt derm U t 8* .......j. A dan ia & Chari.— 1st 7a___ijOotnetock T o fia d -la - i . 4 s..plow, pa —U t 0s a. c t fs___ _j 2d rnort. income .......... .

ii Consol. 5a, e. ctfa ..... .........i luootoe 5#. otfa .....................j 3Iem.ifcCharle*tou~Con. 7 g

* 9»s*b,

70 a.

113 h, 12 a. 91 b.39 b. 11*30.

Nor*.—“ 6*' tndioates price Oi>i

Bank Stock" b a r k s . ” bul

“ a ” prioe lukv.L * Late,t price tbl« week

List.—Latest prices of bank stocks this weekBid.

!:***■•0,39 L36/201,62.040.06/»6m52.530.0 4/273,0 l,67f,0 8.800,54,s4 h,o2.258.0

Aiaence .....1180Am. E tch__ ___ _Bowery...... j __Broadway... • BhmhJmDt.\ . . . . Central . . . . . j

*14.400 2!69.570 3 49,4 *A n 418 /* ,r> 8•NOTE,—Nftdftt die J §*.%■. ? » sat has been issued slaoe Jon* 10,

Chatham,,...!OhetthMl.,**!S f e ; : : .Columbia ...COxmmt&a.. Ccufilttental. j Co. a Exch. JJftposit........Ea#t H irer..:u h W ard...1 UMi Are.... FPth.. . . . . . . .r t n t ____...F irstN „8 .1.14 th 8tfft«t..r w * A .

- Ask.- BANES. Bid. A»k.j BANKS.306 N’.Y.Co’uty N.Y. v148 Garfield ..... ___

Get man Am. __ _____ vluth.............. :Oena*u Ex.. ...... 10th Warm.130 jumsu wieh.. .... onemal ...

iitt-i. Hirer,. Park..........fm.4 Trad’d* ..... .... People’s__iS S fc mw

Plieliix.__ _.. 450’ ....... > rod ace Ex.

175 I Mauhattan,. Seaboard....Market «fc Ful Secoutl .....; M elmcuiOM*.. ...... 193 Seventh ..\Pctu>'&Tr«' ..... Shots a. Le’th

...... i Mereantlift.. ‘ Mereh»uE«*..— ....... SU Niche a«.

Sou thorn ...] ..... j Mr.rch’t» JSx. ...... ..... Staujo/ ,s,Y.

r.drd........Mi Morris.- rraMesm’n’to... Murray Util .... OoM Sta6e»%a#«aa........ Wee Lera ...

... New York.., .. I Wft»* .

112

170

305130.75

125t»7IVii c j

v109

1

1 7 4 THE CHRONICLE. [VOL. LV1I,

BOSTON, PHILADELPHIA AND BALTIMORE STOCK EXCHANGES.

Active Stocks.f Indicates unlisted.

Atch. T. <k 8. Fe (Boston). 100 Atlantic * Pac. “ 100Baltimore A Ohio (B altJ .100

1st preferred “ 1002d preferred 44 100

Baltimore Trac’n.(Phil.). 25 Boston A Albany y Boston).100 Boston & Lowell 44 100Boston & Maine “ 100Central of Mass. 44 100

Preferred 44 100Chic.Bur.&Qutn. 44 100Chic. Mil. A St.P. (Phil.)AOO Chic. AW . Mich. (Boston). 100 Cleve. A Canton “ 100

Preferred___ 44 100Fitchburg pref. 44 100Hunt. A B r.Top .(Phila ) . 50

P referred 44 50Lehigh Valley 44 50Maine Central (Boston). 100 Metropolitan T^ac.fPAi7;.100 Mexican CentMf'.-BosfonLlOO N. Y. & N. Eng. 44 100

Preferred .... 44 100Northern Central (Balt.). 50 Northern Pacific (P hila .),100

Preferred 44 100Old C olony .... (Boston). 100 Pennsylvania.. (Phila.). 50 Philadel. A Erie. 44 50Phila. a Reading 44 50PoiladelphiaTrao. 44 50Summit Branch (Boston). 50 Union Pacific 44 100IlDitedCos.of N.J.CPM/aJlOO W'esternN.Y.APaf'PAtZaj.lOO

[T|i>c-eiluiip ue» M ocU » .Am. 8 ag’rRefln.H (Boston)-----

Preferred......... 44Bell Telephone.. *• 100Bost. A Montana 44 25Butte A Boston.. 44 25Calumet A Hecla 44 2 5Canton Co.......... (Balt.>.100Consolidated Gas 44 100Erie t elephone (Boston). 100 General Electric.. 44 100

Preferred........... 44 100Lamson 8tore Ser. 44 50JLehfli Coal&Nav 'Phil.j 50 N. Eng. Telephone (Bost’n)lOO North American. (P hil.).1001 West End Land. (Boston) — I

* Bid and »sked i»ncas;|

H r S h a re P r ic e * — n o t P e r C e n tu m P r ic e * .

Saturday, July 22.

Monday,July 24.

Tuesday,July 25.

Wednesday, July 26.

Thursday, July 27.

Friday, July 28.

17% 17=8 1470 17% 1 3 4 15% 12% 13% 1 2 4 14% 134 152 2 2 2 2 2 2 *2* 68 65 65 60 57 57 59 59%

*130* 118 * 118 1* 118 * 118 115 *110 12013% IS", 18% 184 183s 18% 16% 18 17% 184 184 19

202 202% 201 202 200 201 195 200 195 196 195 196* 181% 180% 180%150 153 150 152 148% 151% 149 150 146 149 145 147

13 13 * 13 12% 12% 13 13 10% 12 11 1 1 450 * 50 48 43 4S 48 *47 49 *47 49

75% 76% 7 3 4 75% 70% 7 4 4 69% 71% 69% 73 71% 7452 54% 51% 54 48% 62% 46% 504 48 51 50 4 514

26% 26%*3 *3 21^16 3 * 3%

13 * 13 13 * 13 13 * 1374% 75 7 4 % 75 75 75 73 74 72 7 3 4 71 73* 34% *■ 34% 3450 50 » 50 * 50 « 50% 4978 49%32% 35 33% 34 3378 34 3 0 4 33% 31% 36% 33% 36%* 120 * 119 118 119 11889% 90 90 91 8 8 4 8 8 4 87 88 85 89 85% 874

5 4 5 4 5% 5 4 5 “, 5 5 5% 54 5 5 42 0 4 21% 217e 223g 21% 21% 19% 21 19Ta 21 184 21%50 50 50 52 48 50 48 48 4870 50 *44 50

*66% 67% 67% *66% 66% *66% 63 *67 698 4 8>» 8% 8 4 8 8% 778 8 7 4 8% 8 4 8 7h

2178 22% 22% 227g 19% 2 1 4 18% 197g 187g 20% 197a 21177 177 177 177 177 177 175 177 174 175 174 174

48% 4876 48% 487s 4 8 4 48% 46% 484 47% 49% 4838 493s*9 .1 * 26 * *21

6U,e 6 4 6he 6*% 64a i>7lb 6% G4j80 80 80 80 75 75 75 77 75 78*5 5 5AccrH 19 19 4 19% 16% 18 15% 17 17 184 174 19

* 221% * 224% *......... 224% 223 223 2224 22 24*34 4 4 4 3 4 3% 3 % 3 4 *37s 4 *334 4

7 1 4 73% 71% 73% 70% 72% 674 71 67% 71 68 7274 75 73% 7 4 4 74 75% 70 73 69 69 72 73%

174 175 171 173 170 172% 166 171 167 170 170 17517 17 1 7 4 17% 16% 17 15% 16% 15% 16 16% 18*5 534 *54 5 4 *5% 54 5 4 3 4 5 5 5 5 4

255 255 255 255 255 255 250 255 250 250 250 25062% *60 62% * 62% *......... 614 v......... 6 2 4 *50 65

*54 54% 55 55 54 55 S3 54 50 b i ve 51 5 1 440 40 41 42 *41 42 40 41% 40 40 40 4048 49 49 5130 45% 50 40% 47 41% 43% 33 46so 80 *80 82% 824 80 82% 80 80 80 8014% 14% 14 14 13 14 1 2 4 13 12% 13 12% 12%

49 49 49% 4 8 4 48 4 484 48% 47 47% 47% 47%55 * 55 54 54 49 49 43% 48%

*6 6 4 6 4 64 6 6 5 4 5 % 4% 4 7fl 5 5 4l i s t 11 "6 12 12 10% 1 1 4 9 % 10 94 11 10% 10%

no sale wap made. 1

Bales o f the Week,

Shares.87,469

64*-75

3,5801,090

151,138

399110

35.56750,874

3125

Range o f sales in 1893.

Lowest.

429110

11,185

3,7282.8405,999

20827

8,2859,926

23620,06*20,919

2,351200

4,11913

53521,087

1,793835

2,5831,385

3711,732

16213,420

159774447

721.5003.500

1214 July 26 2 June 30

57 July 27 135 Feb. 13 112 July 17

16% July 26 195 July 26 170 May 10 145 July 21

10% July 2746 Jan. 3 69*2 July 26 46% July 26 26% July 27

2i&ie July 27 13 May 11 71 July 28 33i« Feb. 21 49 Feb. 21 30% July 26

118 July 20 85 July 27

5 J une 29 18** July 29 44 July 19 66% July 26

7% July 19 18% July 26

174 July 27 46% July 26 24 May 12 6%6 July 27 75 July 26

5 July 11 15% July 26

222% June 23 3 1* July 2567ie July 27

Highest.

6916615

July 27 July 26 July 18 Julv 27 July 26 May 22 July 27 June 27 July 28 May 29

12% July 26 47 July 27 48% July 28

4 7g July 27 9% July 27

2506550403380

36% Jan. 16 4% Jan. 14

97% Jan. 2r 135 Feb. 13 122 Jan. 18 29% Jan. 24

227 Feb. 6 200 Feb. 6 178 Jan. 26 22% Feb. 14 62% Feb. 14

103% Jan. 21 833s Jan. 23 49% Feb. 3

6 Feb. 3 19% Feb, 3 95 Feb. 6 40% Jan. 12 56 Jan. 9 62 Jan. 27

130 Feb. 6 150% Jan. 28 13 Jan. 16 52 Jan. 17

102 Jan. 13 70% Jan. 23 18% Feb. 6 50% Feb. 6

221 Feb. 6 55% Jan. 27 35 Jan. 16 267sJan. 2

142% Feb. 8 9% Apr. 12

42% Jan. 27 232% Mar 13

7% Jan. 24134% Feb. 6 104% Jan. 19 212 Jan. 27

34% Jan. 16 12 Jan. 17

320 Jan. 21 72% Jan. 18 65 Apr. IO 50% Jan. 16

114% Jan. 16 119 Jan. 18 26% Feb. 2 0 54% Feb. 2 61% Jan. 20 11% Jan. 23 18 Jan. 4-

Bid. Ask.

........242

255

.........2050

.......

.........50

.........___......................................................................61%

.........

......... .......6551

........81*107%

.........

....... .................

.........

........49%76

50%7755

.........

....... .........j6%

. . . __7

____

•407

“ T ’

•50

" 5 %

1 4 2" 9 %

4

" 5 477

18721

.......20

} 50 85

11253

1%54

........

3lnactive blocks.Prices o f July 23.

Atlanta A Charlotte (Balt,). 1 Boston A Providence (Boston). 1 C imuen A Atantic p f. (Phila.).Catawissa................... 44

1st preferred......... 442d preferred........... 44

Central Ohio............. (Balt.).Chari. Col. A Augusta 44 1Connecticut A Pass. (Boston). 1 Connecticut R iv er... 44 1Delaware A Bound Bt. (Phila.) .1 Flint A Pere M arq... (Boston). 1

Preferred................. 44 1Har.Ports.Mt.Joy&L. (Phila.). Han. C’yFt.S .A M em . (Boston). 1

Preferred................. 44 1K. City Mem. & Birm. 44 1Little 8chuylkill....... (Phila.).Manchester A L aw .. (Boston). 1 Maryland Central— (Balt.) Mine Hill A 8. Haven (Phila.). Ndsquehoning Val— “Northern N. H ............(Boston). 1North Pennsylvania. (Phila.). Oregon Short \Awe. ..(Boston) A Pennsylvania A N. W. (Phila.)Rutland.........................(Boston). 1

Preferred................ 18 iaboard A Roanoke. (Balt.) 1

1st preferred___. . . , 4* 1West End.....................,(Boston).

Preferred..................... 44West Jersey..................(Phila.).West Jersey A Atlan. 44Western Maryland.. (Balt,). Wllm. Col. A Augusta 44 1Wllmingt’n A Weldon 44 1Wisconsin Central. .(Boston). 1

Preferred..................... 44 1Woro'st.Nash.ARoch. 44 1

MISCELLANEOUS.Allouez Mining.........(Boston).Atlantic Mining......... 44City Passenger R R ... (Balt.).Bay Btate Gas............. (Boston).Boston Land................. 44Centennial M ining... 44 10Fort Wayne EJectricTI 44 25Franklin Mining....... u 25Fcenchm’n’sB ayL ’nd 44 5Huron Mining................ 44 25Illinois Steel ................ 44 100Kearsarge Mining___ 44 25Morris Canal guar. 4 . (Phila.). 100

Preferred guar. 10 44 100O sceola M ining.......... (Boston). 25P illman Palace Car.. 44 IOCO ;incy Mining.......... 44 25Ttm&raok Mining___ 44 25Thom.Europ.E.WeldU 44 101United Gas Impt. (Phil.).........Water io r

inactive stocks. Bid.

18

v't 87|t 78

Westing. E lectric— (Boston). 50 B on d s—B oston . „ „

At.Top.A8.F.100-yr.4g.,1989, JAJ 2d 2% -ls, g., Class A ..1989, A&O

Burl. A Mo. River E xenpt 6s,JAJNon-exempt 6s........... 1918, JAJPlain 4s........................1910, JAJ

Chic. Burl. A Nor. 1st 5,1926, AAO2d mort. 6s................. 1918, JADDebenture 6s.............. 1896, JAD

Chic. Burl. A Quincy 4 s .. 1922, FA AIowa Division 4s.......1919, AAO

Chic.AW.Mich. gen. 5s, 1921, JADConsol, o f Vermont, 5s.1913, J&J10-----Current River, 1st, 5s..1927, A & 0,$----Det. Lans. AN or’n M. 7s. 1907, JAJ •$----Eastern 1st mort 6 g..,1906, MAS $115 I ree.Elh. &M.V.,lst, 6S.1933, A&O ;§. . . .

Unstamped 1st, 6s---- 1933, A&O 5-----K.C. C.&Spring.,1st,5g.,1925,A&O $----K C. F.S. AM . con.6s, 1928, MAN tt — K.C. Mem. A Bir.,1st,5s,1927, MAS §-----K. C. 8t. Jo. AC. B., 7a.. 1907, JAJ §._...L. Rock A Ft. 8., 1st, 7s.. 1905, JAJ § . . . .Louis.,Ev.ASt.L., 1st,6g. 1926, A&O j § t__

2m., 5—6 g ........ ....1 9 3 6 , l& O ___Mar. H. A Ont., 6s.......1925, AAO !§t...

Exten. 6s....................1923, JAD,§ ___Mexican Central, 4 g ...l9 1 1 , J& jjet43

1st consol.incomes, ? g, non-emn. $......2d consol, incomes, 3s, non-cum. ) 4

N. Y. A N.Eng,, 1st, 7s, 1905, JAJ $109%’Istm ort. 6s....... -.........1905, JAJ *2d mort. 6s................. 1902, FAA

Ogden. AL.C.,Con.6a... 1920,AAOInc. 6s......................................1920

Rutland, 1st, 6s............1902, MAN2d, 5s........................... 1898 jFAA

B on d s .—Philadel ohia Allegheny Val.,7 3-10s, 1896, JAJ Atlantic City 1st 5s, g., 1919, MAN BelvidereDel., 1st,6s.. 1902, JADCatawissa, M .,7s ......... 1900, FAAClearfield A Jeff., 1st, 6s.1927, JAJConnecting. 6s.........1900-04, MASDel. A B ’d Br’k, 1st, 7s. 1905, FAA Easton A Am. lstM.,5s. 1920, MAN Elmir. A Wilm., 1st, 6 s .1910, JAJ.Hunt. A E r d T op,C on.5s.’95,A&OLehigh Nav. 4% s...........1914, Q—J

2d 6s, gold................... 1897, JADGeneral mort. 4%s, g .l924 ,Q —F

Lehigh Valley, 1st 6 s ...1898, JAD2d 7s............................. 1910, MASConsol. 6 .......................1923, JAD

North Penn. 1st, 7s___1896, MANGen. M. 7s..................... 1903, J&Jj

Pennsylvania gen. 6s, r..l910, VanConsol. 6s, c ............ 1905, Vr.r,Consol. 5s, r ................... 1919, VarCo Hat. Tr. 4% g .......... 1913, JAD;

Pa. A N. Y. C anal,7s... 1906,JADi . V V /' . ...... IftOft t

Ask. Bonds.20

68 33%

113 |102 1

999999

90

118

*96*

108103

106

) 92% >t.......

10495

102%107 I

101%109

123

iis*103%105%127%

105102%115

100106101

128125

115 | 113%

118

122*

Perkiomen, 1st ser., 5 s .1913, Q—J Pliila.A Erie gen. M. 5g.,1920, A&O

Gen. mort., 4 g ....... ..1920, AAOPhila A Read, new 4 g., 1958, JAJ

1st pref. income, 5 g, 1958, Feb 1 2d pref. income, 5 g, 1958, Feb. 1 3d pref. income, 5 g, 1958. Feb. 12d, 7s............................ 1893, AAOConsol, mort. 7s ..........1911, JADConsol, mort. 6 g ......... 1911, JADImprovementM. 6 g ., 1897, AAO Con.M .,5 g..stamped,1922,MAN

Phil. Read. A N. E. 4s.............1942Incomes, series a .................. 1952Incomes, series B ..................1952

Phil. Wilm. A Balt., 4s. 1917, AAO Pitts. C. A St. L., 7 s . . ..1900, FAA Po’keepsie Bridge, 6 g_1936, FAA Schuyl.R.E.8ide,lst5 g.1935, JAD Steuben.&Ind.,l8tm.,os.l914, JAJUnited N. J., 6 g .............1894, AAOWarren & Frank.,1st,7s,1896,FAA

B on d s .—B altim ore .Atlanta A Chari., 1st 7s, 1907, JAJ

Income 6s....................1900, AAOBaltimore Belt, 1st, 5s .l99o , MANBaltimore A Ohio 4g., 1935, A&O

Pitts. & Conn., 5 g .. .l9 2 5 , FAA Staten Island, 2d, 5 g.1926, J&J

Bal.&Ohio S. W .,lst,4% g.l990, J&J CapeE\&Yad.,Ser.A.,6g.l9l6, JAD

Series B., 6 g ................ 1916, JADSeries C., 6 g ................1916, JAD

Cent. Ohio, 4% g .............1930, MASChari. Col.AAug. 1st 78.1895, JAJ Ga. Car. A Nor. 1st 5 g .. 1929, JAJNorth. Cent. 6s................ 1900, JAJ

6s.................................... 1904, J&JSeries A, 5s...................1926, J&J4% s........ 1925, A&O

Piedm .&Cum .jlst, 5 g .1911, F&A Pitts. A Connells. 1st7s. 1898, JAJ Virginia Mid., 1st 6 s ... 1906, MAS

2d Series, 6s..................1911 MAS3d Series, 6s................1916, MAS4th Series, 3-4-5s....... 1921, MAS5th Series, 5s.............. 1926, MAS

West Vu. U A P. 1st, 6 g.1911, JAJ WeFt'E. N.C. Consol. 6 g .I914 , JAJ Wilm. Col. A Aug., 6s.. 1910; JAD

MISCELLAN EOU3.Baltimore—City H all 6s. 1900, Q—J

Funding 6s................... 1900, Q—JWest Maryl’d RR. 6s.. 1902, J&JWater 5s..................... 1916, MANFunding 5a..................1916, MANExchange 3% s.............1930, JAJ

;Virginia (State) 3s, new. 1932, JAJChesapeake Gas, 6s....... 1900, JADConsol. Gas, 6s................1910, JAD

5 s ....................................1939, JAJEquitable Gas. 6s.........1913. A<* 'V

Bid. Ask.

.........114

.........jlO l62 62%. 21%' 2134 17 I 17% 11% 12%

1151061043102

111%

97t .......f lu l

85i .......j . . . .

124%102

94

98

111%101

98

105

97110107104106

1104

103f i l l '

9090909892

110%107%105%106%

103%

11899% 10065% 66

104 1044109 109%

J8 T9106 1064

Unlisted. § And accrued interest. 1 Last price this week

JULY 29, 1893.] THE CHRONICLE. 1 7 5

NEW YORK- STOCK EXCHANGE BRICES (Coutiinied.J-ACOTT'E BONDS J U L Y 28, A N D FO R Y E A R 1893.R a il r o a d an d Mis c e l . B onds. In ter ’ sl

Period.

Clos’ ng Price

s id y 28

P ao o f Mo.— 2d evten.5s.1938 MobUe & Ohio—New, 6 g . . l9 2 7

General m ortgage. 48 .-.1 9 3 8 N asi. Ch. & 8t .to—1st, 78.1913

Con., 5 g . ..........................1928N .Y. C e n t—D ebt E xt., 48.1905

j & j J A D M & 8 J A J A & 0 M A N

1041$10,5 b.

45 b. 120 b. *102 b. *100 b.

R a il r o a d and Miscel . R on vs . Inter*si iPerwU.

Olaa’ ng Range (sales) in 1893 Price

J u ly 28

Arner. C otton OU, deb., 8 ft-}900 CJ— P A t.iQ p .A 8 .F .-1 0 O -y r .,4 g .l9 s 9 J A J

2d 2% -la. g., Cl. "A.” ___ 1989 A * O100-year l n e o m e , 5 c . . 1989, Sept.

At!. A 'F ac.—G oar. 4 S ....1 9 S 7 . . . . . . . .tVJD. lms., 6 s ...................... 191° J A J

B r o o k r n E to v a tM ls t ,6 ,g .l9 2 4 A A O Can. 8ooth .—lB t g u s j . ,o s 1908 ’J Ac J

2 d ,5 8 . . . .......... .& 8

103%b.88%33%

Lowest, t Highest.

Ceat,Oa.—8 & W. 1 st e<m.5is,*29 -- ‘ - “ 8-18!

55 5 b.

109 100

97% a.

95€07570

110a.

*88-

b.

90 a.82 b.

Centra! o f H, J . -C o c * . .7 » . !8 9 9 Q - J CoaaoL, 7e . -^02 M >k N G eo era! m ortgage, 5 g . . 1987 3 A J Leh.AW .B.,eon.,7s,.-ui?d .l8 0 O O—J ..

..In. m ortgage, o s .—— 1912 M & NA m . D ock & im p .,6a----- 1921 J & J

Central F&osflo— G o ld ,6 » - 1898 J A J d ie s . 4 0 U o -M o r t .,6 g . . 1911 A A o

1st eonsol.,5 g ................... 1939 M A NS e a . 4%s, g . . . ................... 1992 M A 8B .& A ja iT ., le te o o . ,2-4 g. 1989 J A

do 2d eon., 4 g . —1989 J * elite, Burl. A Q.—C on ..7 ». 1903 J .v

D ebenture ,5s................. —1913 M &C onvertib le 5s...... ............1 9 0 3 M &D enver D ivision , 49.........1922 F AN ebraska E xten sion ,4*. 1927 M A S

Cbje. 4 1 . 111.—le t ,a.f., 6s . 1907 J A DC onsol.,6g .......................... 1934 A A GGeneral consol. 1st,5 * ..1 9 3 7 M A N

C hicago A E rie - 1st, 4-5 g .1 9 9 2 M A NIncom e, 5 s ...........................1982 O o fb 'r

Chlo. Gas to A C .-1 S 1 .6 g . 1937 J & 'O hio.M l!. A B t.P .—C on ,7«.1905 J &

1s t .Southw est D lv., 6s . 1900 ,1 &1 s t .SO. Min. D lv., 6s . — 1919 J A l»t .C h .A P *c.W .D lr ., Ss.1921 J A Clile. A Mo. H it. D ll ., 6 * .1926 J A WIs. A M inn. D i» .. 5 g —1921 J AT erm ina l,5 g ................. . .1 9 1 4 J aGen. M ., 4 g ., series A . -.1 9 8 8 J a Mil. A N or.—1st ,c « n ., 68.1913 3 A

Chin. A S'. W.—C onsol.,7 s ..1 9 1 5 q ~ FCoupon, gold , 7 * ...............1 902 .) A i>Sinking fe n d , 6s ________1929 a * <>Sinking fund, 5 s ........... —1929 A A OStoking fund d etien .,5 s .1933 m a N*SS-year deben tu re ,5 . . . I90y.vi.tr NE xtension , 4 s .................... 1 8 2 6 ! A A

Chlo.Peo. A Bfc L o u is -5 *r. 1928 M a. gU u o ...

10563%295055

5109100

9850

113n s105%

■ 112 a.'1 1 5 b.105%102 a. 103 96 a.I 95

106 a .1104 103%b, 105 t i l b. 111%

93%

JulyJu lyJu lyMayJulyM ayJ u lyJ u lyJu lyM ay

667 477

108%8989%88

............111%113 b. l i g

93 %a. 94%89 j 87

* 2 5 a .1 20 78 77

U S b, 1201 0 6 b. 109%109 108%107 a. 106% Ju ly

100 Ju ly98 July99 Julv 88 July

109 Ju ly 132 b. 130 *119 b. i n

1109...............101106% a. 104% Ju ly -HH) 1). 100 June

91 b.. 91 July 95 June

6899

109

114% Jan.83% Feb. 57% Jam 57 .1 an.71% Jan. 11% Jan.

120% Mar. 107% Feb. 103% Jan.

. 70% Jan.July 116 Mar. M ay 122 Feb. Ju ly 112% Apr. Ju ly 110 Jan. Jan . 100 Apr. Ju ly 109% Feb. July 109% Jan. July 118 Feb. Ju ly 106 Feb. Ju ly | 88% Feb. J u ly | 82% Feb, Jan. 80 Feb. Ju ly 121% A pr. Ju ly 102% Jan. J u ly 108% Jan. June 94% Jan. June 88% Jan. June 116 A pr. M ay 123% Mar. J u ly 103 Apr. Ju ly 103% Feb. Ju ly 4 4% Juts. Ju ly 92% Feb. J u ly 12!! A pr. June 114% A pr. Ju ly 116% Feb.’ U 2 May

105 ■109 109

95 115

June 138 J u ly 123 July July

116 b. l i e % July90 N?%»

112%# 8 July 89% July

. U S July 80 b.j 86% June

119 May

C U c .IU .A F a o .--6 a .e o d p .1 9 1 7 J * J E xtension a a d c o l.,5 * . . . 193* J A ,130-year debent. Sa...........1931 M A 9

CU c. St. Y. M. A U,—6 s . . . . 1930 j A ! >C leveland A C * o to n ~ 5 . . .1917 J & J C. C. C. A l .—C on so l..7 g . l s n l j A u

General eooewi.. 6 « , ___ 1934 j a JO.C,C.ASt.U —F t® .* E.4 s .1940 a A O

Incom e, 4s .............. ..1 9 9 0 April.Col. 1041 A lr o n -6 g ......... 1900 K A >.C o t M idlam l -C ou .. 4 g . . . 19 40 p A OoLH .Val.ATol.—I u n „5 g . 1931 M A

G eu e ra l.S g .........................1904 J AD enver A B io G .—1st, 7 g . 130u M A

l*te<ju»i>...4 g ....................1936 J AD o t .S.C ltJ A A mw-su o g . l v l a j AD el.M ac.A M .--i/ .lg .a b t fl , 1911 'A ,feD ai. So, 8b . A A l l —6 g 1937 j ,yE .T enn .V A G .—C o n .,5 g . 1956 >| A

K noxville A Ohio, 6 g . . . 192-5 j 4 j E ll*. L s x . A B issa u $ g . l » 0 2 M A B F t. W .A D e o v .C ity—b g . . 1921 .1 A i> G a U r.A B .A & .-M .A t'.D .U t,;, g. M A ,V H a n .A d t J o * .—Cons., 6 e .1 91 , j| ,% a Houg.AT*>*.C.~Gen. 4s , g, 1921 a AIllinois cen tra l—e g ........... 195a a a oIb I A O I N o.— l* t ,6»- ,t .v ,1919 M A ,N

2d *%-&»................ 1909 M A 8lo i r s C entral—1 st ,S g ........1938 j A f>K s a tn o k jCentral— 4 g . „ .1 9 8 7 J A JK ings Co. KL—le t , 5 g ___1925 J ,v .1itoMsledeGas—1 s t ,8 g . . . . . . 1919 o —FJ ^ k e R r ie A W est.—S g . . . . i 9 3 7 ; j A Jto Shore—C o s .o p ,, l * l ,7 » . l9 ou J A J ' U 3 % « . 113

Ooasoi. eossp.,2rf,7s____ 1903 J a D *110L o n g lM 'd —U R ood., 5 g , , 1031 % -J ,114

i*U4 r>.! 00| 17%lp.|: 40i $o-J. m

|*60 b,it 15 b,!i 95 a.1 85i 98 Sk. \

9073 I

.*94 b j*112 a. :

J uuf J uly July Ju ly J uly Ju ly July July Ju .y Jan. June July July Ju ly J u ly July M ay

. „ J u lyO 6 i %!». 62% July

6*14

100 40 80 95

112 71 65 20 9 >5 »1

09

Apr.fp r -J une A f*r. Feb. Jau.Mar.

115 Feb. loti * J»ii.112 Feb. IM H Mar.

98 J a n . . I Ob Mar. 125 Jail. 101?- Feb.97% Feb.

123 Mar. 9*i A pr.

i t 9 w ay 122% Fefe

79 JatL 20% J ao ,

106 Jan, 07 J an. 94% Jan.99 A pr.

Ill* Apr.99% Feb. 7-I Jan*. 40 J nit»

103 Apr. 94 Apr.

104% Feb.101 Feb. 10.1 Apr. 97% Feb.

117% Feb. Jan#

i0 0 » i ». 100% Jufr 0 0 5 n * r . !1OO b. 10 f J m y 113 s pr. |

/ 5 0 h. 5 0 J u ly Feb# fi | 72 J«|y ; 00 Feb. I

83 July ! $7 Apr. }7 93 b. 92% July 103% F*?b. |• 72% i 1% July 87% Jau. |

J an, . . . July l l t l July U 1% J aiy

General m ortgage, *»■ .. 10.,8 j a j> * m » b S i Jn,> Dottto. A Mask.—Con*., ?* .1898 A A (.» * “ * - -■

N.O. A Mob, 1st, 6 g ........1930 Jdo, * d , » g ..........193» J

G en era l,8* ........................19JO JUnified, 4 g ............. . 1940 J

I 107 ti. 10-1 J

UnSH*«, 4 g .............. 1940 .1NssSt.F4.Anb,—is tg t4 .8 g . 'J l i

Lotus. S .A. A C n .- U t .6 s . i 9 1 o JC on so l,,6 g . . „ ......... 191b a

Leals, St. to A T e x ss— 6 g . l9 1 7 F M etro. E levated—1 st ,6g .lS o e J

8 4 . 6 s ......... ...................... ..1899 M AM ien.Cent.—1st,o o n .,7 s . . 19ov Jt &

Ocu»ol.. S« ................... ..1002 m a »M .!.Lakeeh. A w .~ l.t ,< ig . s821 M a n

Exten. A t o p , . 8 g . ........18.' < r * aM . K. A T .—1st 4s, g ..........1990 .1 A D

2(1, 4s, g . . , . .........................1990 F A AM o. P acU e—1st, con ., 8 * . 1920 M A N

3d , 7 s ................... 1906 M A NF so , o f M.ri.—1 »1, e 1. , 4 g . 1938 F A A

117%103 a. to o............. 1»7

75 b.s 75 *88 b. 98

07[ 8 0 .... . . r n % a , 1 1 ! 100 100115 a. 114% 100% 100%n o103

32•100 a. 101 106 a 103

99 98

116% July Job* Jm y July J on * July July July J sly July July July July July July July

105. !>7%' 7 ‘

115|103i 70%

27%

113 Feb. j l i t ) Jan, j 122% Jau. I 116% Feta j

y e J .tsi. > no 113 Jan. i

123% Apr:1 l o Feb. [ ■119% Apr. I

83% Feb. 101 Mar. I 111 Jan, I109 Jan. | 99 s* Jan. ‘

118% FeO. I 109% Feb. I 122% APR I 106% A pr. J 127% Jan. ’ 109% J an. !

8 2 5 Feb. | 60% Jan.

June 113 Mar. s June 115% Apr. July 102 Jon.

Range (sales) in 1893.Lowest, j Highest.

1st, cou p on ,7 s ...................1903 J A J i l 7 % b .D eben.,as, coup., 1 8 8 4 ..1 9 0 1 M & 8 104 ST. V. A Harlem—7 a ,re g .1900 M & m 117%a, R. W. A Ogd.—Con., 5s . .1922 A & O 104%

N .Y . OMo. A S t to —4 g . . . l 9 3 7 i A & O 91N. Y . E levated—7 s...............1906 J & J 106%N. Y .L aek . A W .- l s t ,6 s . . l 9 2 1 J A

C onstruction, 5a........... —1923 F &N .Y .L E .A W .—1st,o o n „7 g .1920 M A I L ou gI> ock C on gol.,6g --.1 9 35 A &

2d con sol., 6 g ...................1969 J &N. Y. O. A W.—R ot. la , g -1 9 9 2 M A

! Consol. 1st, 5 e .................1939 J &S .Y .eas .A W .—I s t r e f . ,5 g . l9 3 7 J A

J *118 b. A 107 g:*130 b.t l .............Di 59 3; 80 a. D il0 3 J 40 O a.

103% July 108% Jan. 109 June :115% A pr 48 Ju ly I 63 Jan.

120 July 130 Jan. 101% M ay ;105 Feb,

99 June 103 Mar. 119% Ju ly 124 Feb. 104" Ju ly 108% Jan. 115 M ay 119 % Feb. 10478 Ju ly 115 Feb.

90 Ju ly ! 99% Feb. 105 July 111% Jan. 120 J u ly 131 Feb. 107 June 114 Jan. 128 June 139% Jan. 122 Jan. 125 Feb.

53 J u ly ,105 Feb. 78% Ju ly ! 86% Feb.

102 June 108% Jan. 100 July 107% Mar.

M idland o f N. J .. 6 g — 1910 A & O 111 b . i l l l Ju ly 1120% Mar. iNorf. A W .-1 0 0 -y ea r . 5 g -1990 J & j ............. - 81% M ay 1 ~~ -90

91 118

7495

u*-- t* '* • *UV J Vt*t 1 o " tv uM d .A W a sh .D lv .-ls t .5 g .19 4 1 J & J ............... 80 July

N ortb.Pae.—le t ,e o o p .,6 g .l9 2 1 J & j K>:%b. 110% Ju ly General, 2d, ooup., 6 g . . 1933 A & 0*,105% a . 106% J u ly 115 General, 3d, cou p., 6 g - 1937 J A Di S5 85 J u ly 108Cousol. m o r t .,5 g ............. 1989 J & D 43% * -Col. tr. gold notes, 6 s . ..1 8 9 8 M A N *95 b,Chic. A N .P . - l s t , 5 g . . . l 9 4 0 A A O 55%

North, Pae. A M on .—6 g . . . 1938 M A 8 iNorth. Pac. Ter. Co.—6 g ,.1 9 3 3 J A J Ohio A Miss. —C on s .s .f.,7 s .1898 J A J

Consol., 7 s ........................1898 ,r & JOhio Southern—1st, 6 g —.1921 J A D ‘ 1 0 3a . l05 June

General noort., 4 g ........... 1921 M A S 40 b. 44% JulyOmaha A St. Loots—4 g ..1937 .1 A J ............. ! 60 Feb.Oregon linn. Co. - l s t f l g .1 91 0 J & D 90 ' 85 J u ly

Consol.. 5 g . . ....................1939 A A 0 ' 42 a. 40% July 67O re .R A N a v .c o .- I * t ,8 g .l9 0 9 .1 A J ............. 108 Jari.

C onsol-.5 g .......................... 1925 J A D 85 a. 86% JuneP ennsylvania—

Jan.Jan.Feb.Feb.Feb.Feb.July

79 a.

•m e a.3 05 a.*103 a.

40 b.

90*42 a.

85 a.

39% July- 93 June 50 July ; 80% Feb. 79% May 89% Feb. 93 Ju ly 104 Fell.

108 % J u u e 112 Feb.

1096468

105

Jan, Jan. Jan. Feb. Feb. Mar.

94% Feb. July

112

l‘a. 0 . - 4% g., co u p o n ___ 1921 J A J ,102 b. 102 J u ly 110% Apr.Peo. D e o .* Kvansv.—6 g . . l 9 2 0 J A J t>5 b. 100% M ay

E vansville D lv., 6 g ...,1 0 2 O M A 8 902d m o r e ,5 g ...................... 1926 M 4 S : 62

Phlla. A Road.—G en., 4 g .1 9 5 8 J A J, »ii%Istpref. income, 5 g ___.1958; Feb. 1 22%2d pref. Income, 5 g ......1958; Feb. .*14Sdpruf. Iceom e,5 g ....,1 9S 8 i Feb. I 12%

Pittsburg A Western—4 g .l0 1 7 ;J A J 78 Rich A lian v.—C ou .,C g ..l9 15 J A J 103

C on so l.,3 g ..................... ..1 9 3 6 A A 0 170 a.HSvli.AW. P .je r .-T n js t ,6 g . 1 8 9 7 ,! ' A A:t 50 a, 154% June

Con. 1st A col. trust, 5 g . l 9 H M A 9 117% 117 JulyKin G . Western—1st, 4 g . . l « : !9 ;J A J; 04% i 63 J u ly M. Jo. A Gr. Island—6 g . .1925 il A s t to A Iron M t» 1st vx l Sa-'flT, 1- A

2 -1 .7 * ...................... ........... 1897 M ACairo Ark. A Texas. 7 g . .1897; J A Gen, R'y A land gr.,ftg..l931 A A

# U .. A 9 a a Ft.- 6g .,< l.B 191(6 M Aa g., Class 0 ...................... 1906; M AGeneral uiurt., 6 g .......... I931iJ A

WatoBOvtYeat.— ls t ,« s .g . . l9 S 9 iM A N 51%: 2d. 4*, g., Income........ ..,1 989 J A -! 149.P .M .AM . -D ak - Ex., B 4 .1010 M A '

876706500

o :*»8J i.............J ,*07 a.A | 50 a.Si 74%st.. . *102 a .1 0 5J ....... . . . j 9701*100 b. 113 O ,‘ 01 b.

o f : : : : : : : : j ; 70

39%14

1st s-obSOL, 0 g . . . . . . -----1933; Jdo reduced to 4 % g . , J

: M ontana E xtension , 4 g . 1037 J ban A .A A r a n .P .—lst .B g .1 9 1 0 J

1st, 6 g ................................1926 J..Seattle to feA to— 1st,gu. e . 1 9 3 1 jF - c . ' l y Cxrp t N C ord.> 1st co n .Bs :M 9 o .C a r .—1st, 6 g , .e x e 0 B p .l9 2 » ..[do, Pam, AM*,—B g ........ 1909- Hr JW , ParlB 0, Cal. - 6 « . . . . 1905-12 j A: 1st, con so l.,go ld . 5 g ___ 183- AIBo. P a cla c.N . M .—t ig ......... 1011 .11-enn.C. 1. A K y .-T e n .D., 1st, ti, \

i B lroi. Div., O g .................. 1 9 1 7 JTex. A PkO. —1st, 5 g ........... 200o,J

j 2d, incom e. 5 g ___ ____...20001 March.T o l .A .A .A N . M . - 6 g ........192 ( M A K .............lo l . A O h » C oot,—8 g ........1935 J A J 103T «i. Poo. A W est.—4 g ........1917 .1 A J 68 b.i o l . 8t. to A Kau. C.—6 g . . l » 1 6 J A D *.*,0 b.U n io n P a u it lo -tig .................1898 J A J 104

Biasing fund. ................. 1803 M A 6 06 b,Collat. trust 4 % ........... . . .1 9 1 s M A N ..............Gold 6s. OoL trust notes . 1804 F A A 80 Kan. Pao. - Den. D1V.-6 g .1 89 9 M A H *103 b.

l s i o « n s o l „ 6 g ............. ..1 9 1 9 M A N 100Oregon Short l in e —6 g . . 1922 F A A - p s a. O r .8 .to A U fb N .-C o n .6 g.1910 A A u 63 n, U .P .D cn A G ulf con . 6 g .ll!3 9 i A V 4 8

Onion E levated—6 f ......... 1937 M A S 108 a.VtrglniaM id.—G eo, m .,5s , 1936 M A N *70 a.

do stam ped guar. M A N 78 1W abash—1 st,o g .................1939 M A N 05

2d m ortga ge ,5 g ............. 1939. F A A 63%D e b e m .s C . s e m e R .......... 1939.1 ' ’

W est Shore—Guar., 4 s ........2361 JW est. N. Y. A P a ,—ls t .5 g .1 9 3 7 J

2d tn ort.,3g .,5 so .............1927 AWest, On. TeL—Col. tr .,5 « .1 93 3 JWis. Cent. C o.—1st, 5 g .... 1937 . J

Incom e, 5 g ............... 1937 . .

N A ND *93 b. 01 Ol 77% a.i 7n N 98 b. 108 N 101 101J *100 b. 104

’ 51 12

S 113 b J n a J l l l % 111% .Tuly J *100 a, 100 J an.

80 u.l 83 Juno l o l 11,TOO July 100 a. 101% July

July July J uly

93101% Ju ly

77% July 7 0 Juli 59 July- 13 Ju ly

103 Jun

104 Mar.105 Feb,

72 Feb. 85% Jan, 76% Jan. 70 Jan. 62% Jan. 83 Apr.

Jau , 111 Feb. Jan. i 78% Mar.

83% Feb. 52 Feb. 78 Feb. 96 Jan,

103% Jan. 109 Apr.

June 104 % Mar. July 90% Jau, July 114% Apr. J u ly 114% A pr. • ' 111% Apr.

68 Apr. 28% Feb.

June 119% Apr. 123% Mar. 103% A pr.

91 Jan. 76 Mar. 76 Mar 92% Jan. 99 A pr.

106 Feb. 100% Jan,

May !U 5 Feb, Apr. 97% Jan. - 105% Feb.

95 Feb. 95% Jan, 81 Jan, 29% Jau.

108% Jan.

June J uly Jau. J u ly May M ay Apr.

102% May 109 Apr, 72% Ju ly 81 Jan. 55 July 90% Jan,

101 July 101 Mar.

48 July 90 July

109% M ay lO o July

110% Jan. 105% Fob,

73% Jau. 102% Jau. 113% Apr. 112% A pr.

9 7 % J u u e 109 Jan, 65% June 80% Jam 47% .1 uly 75% Jan.

108 .Inly 117% A pr. 77 Jan. 86 Apr. 79 June 86 Apr. 94% July 106% A pr. 83% Ju ly i 82% Jan. 20 July 39 Jan, 95% J u ly 103% Feb. 98% Ju y 105 F eb . 19 July 33 Jan. 97 Ju ly 106 Jan. 82 June 92% Jan . 19 July 35 Feb.

N o te—’* b ” Indicates price M O; “ a " prise tuheti; tin: tisugu U n u d e up from actual sj, « only . * L atest p rice this week, t T rust recta.

NEW YORK STUCK EXCHANGE EKICES-HContinuedIN A C T IV E BONDS—J U L Y 2§.BE<T'K ITIK «. Bid. Ask

85

SECURITIES,

8299

Bai l road Bonds,(Mimk Mxehmsffe Pnggs.v

A labxm a M id.—T st.g ., gu ar., 1928 A .T .A 8.P — el. Mid.lst,g.,0s, 1936

2d , 4s, Class R ........................Itl-fiA U » « t l« A Dan* — 1st «v, 6s . .1917 A ll . 4k Pae.—2d t t . D ..gu . « * .. ld o 7 i*sit, A Ohlo— xst. P o fk i'.. I-HP

t« , g o ld . .... .......................... 1925 103 :............... ... .. . „■■■* * o p it e e F D 'o » v ; these are the I atest auota'. ion s m ade this weak.

IS A O .— Tin*, tnort., g o ld ,7 « .1988 I W. V*. A P lt t « . - l* t ,g . , 5 s ..1990 ■ B 1 0 . 8 . W.. 1st. g.. i s * . - . 1990 ’ M otion. River, 1st g .,« . 5 s . . . 1019 I Cent’ I Ob lo Reor.—1 ?t .4 % s 1930 i A h .* lii.Ju ln '. lst,g ,59.gu ,1930 ] Rost, It. Tun. A W.—Dot. 5s . 1013 1 Brooklyn E levated—2d, 3-5S.1U15 Rrunstw ok A W n —1*1, g. 4s, 193*

II. R-i h .A PH’ - -G e n .,5 ).1937

Bid. ! Ask.

io a

ft.......... 88*99 . . . . . I )

SECURITIES.

B . R .A P .-R o c h . P „ 1st, 68.1921 115 Rueh. A Pitt*.—O o n s.ls t ,68.1922 *113

Burl Ued. R ap. A No.—1st, 58.1906 Consol, A eollat. trust,,5a ... 1934 Minn. A 81. L . - l s t , 7s. gu .,1 9 3 7 Iow a C. & W est,—1st, 7 s . . . .1909 Cod. Rap. I. F. A N „ 1st. 6s. 1920

1st, 5S....................................1921C. Ohlo—(M I.A C ln .M .lat,*% s.l939lent. KR. A. i mik.—Obi. 19371*.

Bid.

10190

83

1 7 6 THE CHRONICLE. [Vol, LA II,

NEW YORK STOCK EXCHANGE PRICES.—IN A C T IV E BONDS—rC o n tin u ed ,)-J U L Y 2S.

SECURITIES.O. R. A B.—Cbat.R.AC.,gtd.g.l937 Cent, of N. J.—< onv. deb.. 6S.190*- Central Pacific—Gold bds, 6s, 1895

Gold bonds, 6s.......................1896Gold bonds, 6s.......................189'Ban Joaquin Br., 6s.............. 1900Mort. gold 5s.......................... 1939Land grant, 5s. g................... 1900O. & O. Div., ext., g. 5s.......1918West. Pacific—Bonds, 6s-----1899No. Railway (Cal.)—1st, 68.1907

50.year 5s............................1938Obes. A O.—Pur. M. fund, 6s. 1898

6s, gold, series A ................... 1908Craig Valley—1st, g., 5s— 1940 Warm Spr. Vai., 1st, g 5s.. 1941

Ghee. O. & So. West.—1st 6s, g .1^112d, 6s........................................1911Oil. V .-G en.oom l st.gu.gt5s.l93&

Chicago & Alton—S. F., 6e---- 1903Lotus. & Mo. River— 1st, 78.1900

2d, 7e.................................... 1900St. L. Jacks. A Chic.—1st,7s. 1894 Miss.R. Bridge—1st, 8. f., 68.1912

Chic. Burl. A Nor.—1st, 5s-----1926Debenture fts.................. 1896

Ohio. Burling. A Q.—5s, s. f .. l9 0 1 Iowa Div.—Sink, fund, 5s.. 1919

Sinking fund, 4s..................1919Plain, 4s...................................1921

Ohio & Indiana Coal—1st 5 s .1936 Ohi. Mil. A St. P.—1st,8s,P.D .1898

2d, 7 3-lOs, P. D ................... 18981st, 78, $ g ., R .D ................... 19021st, I. A M., 7s.......................1891st, I. & D .,78 .......................18991st ,C. & M., 7 s.......................19031st, I. & D. Extension, 7 s . . .19081st, La C. A Day., 5e............ 19191st, H. A D., 7s..................... 1910let, H. A D., 5s.....................1910Chicago A Pacific Div., 6s.. 1910Mineral Point Div. 5s.......... 1910C. A L. Sup. Div., 5s.............1921Fargo & South., 6s, A ssu...1924Inc. conv. sink, fund, 5s---- 1916Dakota A Gt. South., 5s___1916Mil. A Nor. main line—6 s ... 1910

Qhic.AN.W.—30 year deb. 5s, 1921Escanaba & L. 8. 1st, 6s---- 1901Des M. A Minn.—1st, 7s___1907Iowa Midland—1st, 8s.........1900Peninsula—1st, conv., 7 s .. .1898 Ohio. A Milwaukee—1st, 78.1898Win. & St. P.—2d, 7s.............1907Mil. & Mad.—1st, 6s............ 1905Ott. C. F. & St. P —1st, 5 s .-1909Northern 111.—1st, 5s........ 1910

Ch.Peo. ASt.L.—Comist,g.5s. 1939 O.R.I. AP.-D.M. A F. D. 1st 48.1905

1st, 2^ 8 ................................1905Extension, 4s..................... 1905

Keokuk A Des M.-j-lst, 5s.. 1923 Chicago A St. Louis—1st, 6s.. 1915 Ohio. St. P. A Minn.—1st,6s... 1918

St. Paul AS. C.—1st, 6s.......1919Ohio. & W. Ind.—1st, s. f., 6s. 1919

General mortgage, 6s.......... 1932Chic. A West M ich—5 s ,..........1921®in Mhm. A D.—Con. s. f., 7s.l905

2d, gold, 4i*j8.......................... 1937Cin. D. & Ir’n—1st, gu. 5s, g. 1941

Olev. Ak. A Col.—Eq. A 2d 68.19300 . 0.C. A St. L., Cairo div.—4s, 1939

St.Lou.Div.—lstcol.ts’t4s.g. 1990 Spring. ACol.Div.—1st,g. 4s. 1940 Whit-eW.Val.Div.—1st,g. 4s. 1940 Cin.Wab.AM.Div.—1st,g. 4s. 1991 Gin. I. St. L. A C —1st,g.,4s. 1930C onsol, 6s.............................. 1920Cin.San.ACl.— Comist,g.5s, 1928

01. Col. Cin. A Ind.—1st, 7s,s.f.l899Consol, sink, fund, 7s.......... 1914

Cleve. A Mah. V —Gold, 5 s ... 1938 Columbia & Green.—1st, 6 s ...l9 1 o

2d, 6s.......................................1920Del. Lack. A W .—Mort. 7s-----190

flyra. Bing. A N. Y.—1st, 7s. 1900Morris A Essex—1st, 7s___1914

Bonds, 7s............................. 190i7e o f 1871............................19011st, con., guar., 7s.............1915

Del. A Hud. Can.—Coupon 7s, 1894Pa. Div., coup., 7s............... 1917Albany A Susq.—lst,gu.,7s 1900

1st, cons., guar., 6s......... 1900Kens. A Bar.—l»t, coup., 78.192)

Denver City Cable—1st, 6 s . . .190? Denv. Tramway—Cons. 6s, g.1910

Metropoi. Ky.—lst,gu. g.bs.1911 Denv. & K. G.—lm p.,g ., 5 s . . .192? Duluth A Iron Range—1st 5s. 1987 E . Tenn. Va. A Ga.—1st, 7s,..190t

Divisional 5s..........................193t1st ext., gold, 5 s ....................193',Eq. A Imp., g., 5s.................... 193?Mobile A Birin.—1st, g., 5s.. 1937 Alabama Ceutral—1st 6 s ... 191?

Erie—*.bl, extended, 7s.......... 189724, extended, 5s.....................19198d, extended, 4 ^ s ..................19234th, extended, 5s.................. 19206th, extended, 4s.................. 192?1st, con., g., I’d, 7 s ..............192iReorg., 1st lien, 6s................190?B. N. Y. A E.—1st, 7s.......... 1910N. Y. L. E. A W.—Col. tr.,68.1922Funded coup., 5s...................1969B’lff. A 8. W.—Mortg. 6s___190?Jefferson—1st, gu. g. 5 s ___1909Coal A RR.—6s......................1922

Eureka Springs—1st, g., 6 s ... 1933 Evans. A T .H .—1st,cons.,6$1.1921

1 st, general, g., 5 s ............... 194 ,

Bid. ! Ask.

1021021*}10 3108

101*94*

1021s

110

ioi*

100104*87

80

115118107i«108^117115

108

106

118117

*93

*89*

n o1 1 m

70

11*41*5

100

112

119JOli*n o103

101

99

113

95

93

85

113

....... .......L40

i05

132102 u.3

126105139 145

68*95

103 105”S7

......

’ O'?"104 n o109

110lu2

130

*95* *. . . . . .

100 .......

114

SECURITIES.E.&T.IL— \ft. Vernon 1st 6s .1923

-'ll!, ('o. Rr. 1st, g., 5s.......... 1930Ev.&Rich.—1st gen.Ss.g.gu. 1931

ttvants. <3i Indian.—1st, cons..1926 '’Tint A P. Marq.—Mort., 6 s ... 1920

1st con. gold, 5s..................... 1939Port Huron—1st, 5 s ............. 1939

Fla. CeD A Pen.—1st g. 5 s .... 19181st con. g , 5 s ....... .............1943

“'t Worth A R. G.—1st g., 5s..1928 Gal. Har. A San Ant.—1st, 68.1910 Gal. H. AS. A.—2d mort.. 7s.. 1905

Mex. A Pac. Div., 2d 6 s ---- 1931IGa. Car. <feNor.—1st, gu. 5s, g.1929Of a. 80. A Fla.—1 st, g. 6s.........1927Grand Rap. A Ind.—Gen. 5s.. 1924 G. B. W. A St. P.—2d iuc. tr. rects.Houaatonic—Cons, gold 5s---- 1937

N. Haven A Derby, Cons.5s..l9l8 Hous. AT. C.—Waco A N. 7s.. 1903

1st g., 5s (int. gtd>................ 1937Cons. g. 6s (int. gtd)............ 1912Debent. 6s, prin. A int. gtd.1897 Debent. 4s, prin. A int. gtd.1897

Illinois Central—1st, g., 4s ...19511st, gold, 31*58........................ 1951Cairo Bridge—4s....................1950Springf. Div.—Coup., 6s---- 1898Middle Div.—Reg., 5s..........1921C. St. L. AN. O.—Ten. 1., 7s. 1897

1st, consol., 7s.....................18972d, 6s.................................... 1907Gold, 5s, coupon................ 1951M em p.Div., ls tg . 4s .......1951

Dub. A 8. C.—2d Div., 7s . . . 1894 Ced. FalIs A Minn.—1st, 7s.. 1907

Ind. D. A Spr.—1st 7s, ex. cp.1906 Ind.D.AW.—1st 5s, g .,tr.rec..l947

2d, 5s, gold, trust receipts.. 1948 Iuc. M. “bonds, trust receipts —

Ind. Ills. A Iowa.—1st, g, 4s. 1939Int-.AG.N’n—lst,6s.g................ 1919Kings Co. F.El.,lst,5,g.,gu. A. 1929 Lake Erie A West.—2d g., 58.1941 L. 8. AM . So.—B.AE.—New 7s.’98

Det. M. A T.—1st, 7s.............1906Lake Shore—Div. bonds, 7s. 1899 Kal. All. A G. R.—1st gu. 5s.l938 Malion’g Coal RR.—1st, 5s. 1934

LebighV.,N.Y.—1st gu.g.4i*j8.1940 Lehigh V. Term.—1st gu. os,g. 1941 Litchf. Car. A West.—1st 6s. g.1916Long Islaud—1st, 7 s ................ 1898

N. Y. A R ’way B.—lst .g . 58.19272d mortg., ino.....................1927

N.Y.AMam B each—1st, 7s, 1897 N. Y.B.AM.B.—1st con. 5s,g. 1935 Brookl’nAMontauk— 1st,6s. 1911

1st, 58 .................................. 1911Loui8.Evans.ASt. L.—Con.5s.1939 Louis. A Nash.—Cecil. Br. 7s.. 1907

E. H. A Nash.—1st 6s, g . . . . l 9 l9Pensacola Division, 6s.........1920St. Louis Division, 1st, 6s... 1921

2d, 3s.................................... 1980Leb. Branch Extension .. .1893 Nashv. A Decatur—1st,7s.. 1900S. f.,68.—S. A N. A la............. 191010-40, gold, 6s.......................192450 year 5s, g .,........................ 1937Pens. A At.— 1st, 6s, g o ld ... 1921Collat. trust, 5s, g ................ 1931

Lou.N.Alb.ACh.—Gen.m.g.5s.l940Manhattan Ry.—Cons. 4s.......1990Manito.S. W.Coloniza’n—5s ,g. 1934 Memphis A Chari.—6s, gold.. 1924

1st con. Tenn lien, 7s...........In l5Mexican Ceut. Consol.—4s, g.1911

1st, cons, income 3s, g........ 1939Mexican National—1st, g., 6s.1927

2d, income, 6s, “ A” .............. 19172a, iuccrne, 6s, “ B ” .............19L7

Michigan Central—6s.............. 1909Coupon, 5s...............................1931Mortgage 4s............................1940Bat.C. AStrgis.—lst,3s,g.gu. 19 j9

Mil. L. S.AW.—<Jonv. deb., 58.1907Mich. Div., 1st, 6s..................1924Ashland Division—1st, 6s ..1925Incomes..........................................

Minn.A St. L.—1st, g. 7s.........192Iowa Extension, 1st, 7s.......19092d mortg., 7s.......................... 1891Southwest. Ext.—1st, 7s.......1910Pacific Ext.—1st, 6 s ............1921Impr. A equipment, 6s........ 1922

Minn. A Pac.—1st mortg., 58.1936 Minn.St.P. AS.S.M—1st c.g.4s.l93e Mo.K.AT.—K.C.&P., I8t,48,g.l990

Dai. A Waco—1st, 5s, g u .. , .1940 Missouri Pacific—Trust 5 s ... 1917

1st coll., 5s, g ........................ 1920St L.A1. M .-A rk.B r.,lst,7s.l895

Mobile A Ohio—1st ext., 6s... 1927St- L. A Cairo—4s, guar.......1931

Morgan’s La. A T.—1st, 6s___19201st, 7?....................................... 1918

Nash. Chat. A 81. L —2d, 6s.. 1901 N. O. A. No. L. -Pr. 1., g „ 6s..1915N. Y. Central.—I'eb. g. 4s___1905

N. J. June—Guar, ist, 4 s ... 1986 Beech Creek—1st, gold, 4s.. 1936 Osw. A Rome—2d, 5s, g.,gu. 1915 Utica A Bl. Riv. -4s, g., gu.1922

N. Y. N. H. A H.—1st, rev 4s. 1903 N. Y. A Northern—1st, g ^*.1927

2d, 4s................................. ..1927N. Y. Susq. A West.—2d, 4^8.193’

Gen. mort., 5s, g ................. 1940N. Y. Tex. A Mex.—Ist,4s,gu.l912 North’n Pacino—Divid'd scrip ext.

James River Vai.—1st, 6s... 1936Spokane A Pal.—1st, 6s.......19368t.Panl A N. P.—Gen., 6s.. 1923

Bid. Ask.

113 ‘s*92

’ *611*5

*3.6

1*0*5*

92i4

1091091143j

115lo7

95ia

108

100

107*

*98

....... ....1061*2 L08

....... 103i i o1 1 1

102103*90*851L0*90*97 100

99^

C109

98

18111

103

98122

828897

96lo3100n o

70

L16

102

63*

85

70

105106*

lo olo5101106

88

87

SECURITIES.Northern Pacific—( Continued.)

HeleuaARedM’n—lst,g .,6s.l937 Duluth&Manitoba—1st,g.6s 1936 Dul.AMan Dak.Div.—lstGs. 1937 Coeur d’Alene—1st, 6s, gold. 1916

Gen. 1 st, g., 6s......................1938Cent. Washington—lst.g., 6s. J 938

Norfolk A South’n—1st, 5s.g 1941 Norfolk A West.—General, 68.1931

New River, 1st, 6 s ................ 1932Imp. A Ext., 6s.......................1934Adiustment M., 78................ 1924Equipment, 5s........................1908Clinch Vai. 1st 5s..................1957RoanokeASo.—1st, gu. 5s, g.1922 Scioto Vai. A N. E.—1st, 4s.. 1990

Ohio A Miss—2d consol. 7 s ... 1911Spriug.Div.—1st 7s................1905General 5s............................... 1932

Ohio River RR.—1st, 5s.......... 1936Gen. g .,5 s ................................1937

Oregon A Califor.—1st, 5s, g.1927 Oreg. Ry ANav.—Col.tr. g ..5s.l919 Pan. Sink.F’d Subsidy—6s, g. 1910 Penn.-P.C.CASt.L.Cn.g.4I*i8A1940

Do do Series B ___P.C.A8.L .-lst,c.,7s................ 1900Pitts. Ft. W. A C —1st, 7s... 1912

2d, 7 s ...................................19123d, 7s.................................... 191*2

Ch.St. L.AP.—1st,con .5s,g...1932 Clev. A P.—Cons., s. fd., 7s. 1900

Gen. 4^8, g., “ A” ............. 1942St. L.V. A T . H.—1st,6s., 7s. 1897

2d, 7s.................................... 18982d, guar., 7s.........................1898

Gd.R.AI.Ext.—lst.l^ s .G .g . 1941 Peo.AE.-Ind.B.AW .-lst.pf.78.1900

Ohio Ind.AW.—lstpref. 5s. .1938 Peoria A Pek. Union—1st, 6s .1921

2d mortg., 4^ 3 .......................1921Pitts. Cleve. A Tol.—1st, 6s... 1922 Pitts. A L. Er.—2d g. 5s, **A” . 1928Pitts. Me. K. A Y .—1st 6s...... 1932Pitts. Painsv. A F.—1st, 5 s . . .1916 Pitts. Shen. A L. E.—lst.g.,5s. 1940 Pitts A W est—M. 5s, g 1891-19) 1 Pitts.Y’gst’nAA.—1st, 5s,con. 1927 Pres. A Ariz. Cent.—1st, 6s, g.1916

2d income 6s.......................... 1916Rich. A Dan v.—Debenture 6s. 1927

Equip. M. s. f., g., 5s.............1909Atl. A Char.—1st, pref., 7 s.. 1897

do. Income, 6s___ 1900Wash.O.AW.—lst,4s,gu.cy.,1924

Rio Gr. June.—1st,.gu., g., 5s.l938 Rio Grande So.—1st, g., 5 s ... 1940St. Jos. A Gr. Is.—2d iu c ........ 1925

Kan. C. A Omaha—1st, 5s.. 1927 8t. L. A. A T.H—2d pref. 7s.. 1894

2d m. inc. 7s............................1894Dividend bouds..................... 1894Beilev. A So. 111.—1st, 8s. . . jl896Bellev. A Car.—1st, 6s......... 1923Chi.St.L. APad — lst,gd.g.5s 1917 St. Louis So.—1st, gd. g. 4s. 1931

do 2d incom e,5s.1931Car. A Shawt.—1st g. 4s-----1932

St. L. A S. F.—2d 6s,g., cl. A . 1906Equip., 7 s ............................. 1895General 5s............................... 19311st, trust, gold, 5s..................1987Consol, guar., 4 s....................1990Kan. City A S —1st, 6s, g .. .l9 1 6 Ft. S. A V. B. Bg. -1 st, 6 s ... 1910 Kansas Midland—1st, 4s, g.1937

St. Paul A Duluth—1st, 5s___19312d mortgage 5s.......................1917

St. Paul Minn A M.—1st, 7s.. 19092d mort., 6s..............................1909Minneap. Union—1st, 6s___192*zMont. Cen.—1st, guar., 6s.. 19371st guar. g. 5s.........................1937East. Mmm, 1st div. 1st 5 s .1908

Sau B'ran. A N. P.—1st, g., 5S.1919South Carolina—2d, 6s...........1931

Luoome, 6s..............................1931So. Pac. Coast—1st, guar.,4s. 1937 Ter.RR.As’n of S t.L .-lst,41ss.l93y Texas Central—1st,8. f., 7s...l90v

1st mortgage, 7s....................1911Texas A New Orleans—1st, 7 s. 1905

Sabine Division, 1st, 6s....... 1912Third Avenue (N.Y).—1st 5s, 193 .Tol. A. A. A Cad.—6s................ 1917Toledo A. A. A G’d Tr.—g. 68.1921Tol. A. A. A Mt. Pi.—6s.......... 1919Tol. A. A. A N. M.—5s, g........ 194cT a O.C.— Kan.AM ., Mort. 4s. 1990 iJlster A Del.—1st, com,6.,5s. 192oUnion Pacific—1st, 6s..............189o

1st, 6s.......................................189“1st, 6s...................................... 189?Collateral Trust, 6s...............190?Collateral Trust, 5s.............. 1907Kansas Pacific—1st 6s, g . . . l8 9 o

1st, 6s, g ............................... 1890C. Br. U. P .—F. c., 7s.......... 1895Atch. Col. A Pac.—1st, 6s... 1905 Atch. J. Co. A W.—1st, 6s... 1905 U. P. Lin. A Col.—1st,g., 5s. 1918 Oreg.S.L.A U.N.,col.trst.,58.1919Utah A North.—1st, 7s.........190?

Gold, 5s................................ 1926Utah Southern—Gem, 7 s ... 1909

Extern, 1st, 7s....................1909Valley R’y Co. of O —Com 6s. 1921 Wabash—Debenture, Ser. A .. 1939

No. Missouri—1st, 7s.......... 1895St.L.K.C.AN.—R.E.ARR.7S.1895

St.CharlesBr’ge—1st,6s... 1908 West. Va. C. A P itts—1st, 6s.1911 Wheel.AL.E.—1st. 5s, go ld ...1926

Extension A Imp, g,, 5s.......1930

130*128

125100103

Bid. Ab*

85

100*'' 98*'

71l l 6 ”

100

1001001*

9797

1009975605598

100*8055

1031001101071021*2

'99

c 2*78 68

r 102 r 102*3lo3q»

102101

95

*93

110

90

6069*'

100

1031*12*'

99

110107

88

959079

LOO105

105

* No price Friday; these are the latest quotations m ale this wjgx. t**»c < iu u e iu u « o u « Jk fJJiiiNL^h <tt»# n r A a t t r t l t i c .

July 29, 1893. THE CHRONICLE. 177J n n e s t t t m i i

AND

ilatlroadi In telligen ce .T h e I n v e s t o r s ’ S u p p l e m e n t , a pamphlet o f 150 pages

e o n t a i n s extended tables o f the Stocks and Bonds of Railr o a d s , and other Companies, with remarks and statistics conc e r n i n g the income, financial status, etc., of each Company. I t i s published on the last Saturday of every other month— vie,, January, March, May, July, September and November, and i s furnished without extra charge t o all regular subs c r i b e r s o f the C h b o s i c l b ,

T h e General Quotations o f Stocks and Bonds, occupying six pages of the C h k o .y i c l b , are published on the t h i r d S a t u r d a y o f each month.

RAILROAD EARNINGS,

P.oads. Latest Bammgs Reported.Week or ifo 1893

9 rea t N orth'll—St. P. M. & M. J u n e . . , , . .East, o f Mj.hu j.l u a e .........M ontana Cent June

1.245,844 107.791

- -------- 87.829Tot. system . J u n e ......... 1,441,485

Roads.Latext Earning* Rcporua Jan. 1 10 Latest Date.

Week or Mo 1893. j 1892. 1893. 1892.

* 1 * i 9AOUDBtttC*.........M ay............ 1 i 3 .3 <7A llegheny Vai. J u n e ......... 235,791Ateh-T.<feS. Fe- |2d w * J u ly 662,949

3.992

.ww. * • . <4 w a t iu i jSt. JL A San F 2d wk July 139.946

Am. tota l— 2d « k J u ,y 802,896Atlanta*: Otiar.o A p ril________________ ; 57 .620A tlanta & Flnr'a m by., 1B.AO. fiaatIJne. J u n e .........

Weateru Uaee Jau e .......... »T o ia l.............. i o n e ...........

B atA O .Southw .'id w k ju lyBath & ffa in 'od* a prii...........jB ir .A A tlantic .JJuti- ..8br.Sh.dk T ea * R J u n e .......... :B rooklyn Kt-V. *! vk Jitlv Buit. Rtwb.AiPRi :•<! wk Ju ly Bur.C.Kan. * S :*d alt July

................ M a y ..........3d wit JulyAi»nL—... |

11.218 70,977. 66,483230.489 1.319,4*9 1.231.573 719,969 2 0 .6 -2 .73 6 19,081.7*9 174.336 4 .561,139 4 .2 '5 .-6 8 834.325 25.243.876 23.357,667

51.136 £63,402; 252,972--------- 7 ,375. 33 .225 31.355

1,661.276 1,620,102 9,235,917 9,363,613 4'>6,09l 466,537 3,071,505 2 ,-3 4 ,4 13

2,157.;.87 2,095,639 12,307,422 12,298,0311,370.086

6 .0 1* 20,551

Camden A A O ..Canadian Pac t n iCar.Cmu.CvtCn.C ar-M idland___-fun,C entra lof S . J -J u n eCentral Psusttlc. Mat............Central o f a c . Audi ____C har.cin .it hit J our ......u a r iM t 'iu t& M t! A p ril.........Cba' H.iai * j u„ „ ......CtiBt'tjna t a k e , . Mhv , ,Cberaw.Jkltarl. May..........'Chen. <k Ohio . . 3.1 .. k .fillyChea. O. AM. W J u n e ____ 'O ne. Bur. A Bo May.Cble. Bur. A Q .. Jutte . . . .C bic.A East. 111. J .. JuiyC h ica g o * E rl*.:M ay, ........Chic. (H W.>,f*n 3*1 - *■ J ui sC h .J .B .A O A T . A p r i l ........C bie.M U .A et . p i ka a k J o ir ChlfikA<tn;o Rlv. .u't a t July Ohio. A N 'th w 'o . lun*

48,417; 46,705 l,3d 4 ,408i.a67| 1,853 6,028,2 .422 3 ,79 5 17,2104,314 21,206 ............. !

29,.8<#81 33,339 1,083,24 IfjU .irtij 82.5P4 1.86M.74363.354! •8,08-0 2,079 977*5 8 ,t n\ 56.001 228,400!.

428,000| 417.000 10,670*1*43 .227j *2,3 62 .500 4.001

1,320,297 1,202,002 1.38*1.2 t - 1 .226.-07

, 7 ,797, 7.2229,000;

I 57,166 ! 7,700; 4.9*14; 5.024

2 0 3 ,-3 1 172,684 224,001

. 3 ,797.679,3.3

SytMi 6 S ijt -S -

4 ,h %$:4,05$.

207 ,731 193 ^ 2 6 152,752

83.51917J 0,.*67 8,4433$®

73,«31 &•$«? ml

8 1 S3l\ 2 i .W i 42,994

8,496.777 i . 158,986;1.010.061 f

1.617,1*11.693.808 2,161,780

222.177 1.24 1 1,075.48*

12,»0-4 25.852

0.734*3 1 MGi ,h' 9 37,752 m mv

25 0.600 71,047 19,7 7 4 33.901

5*102. a7 1,035.00V

Gr P.W al. A* Br. A p iii G u lf & C hicago. June . . . . .

I HarisviMe ....... A p r i l . . . . . .H oos.Tuii.A7rO M ay...........H o ss t5-ifeW Tex June ______H umeBt’n&Shen June . . . . . .Hutoh.&South’ u J u n e ..........I llinois Central. J u n e _____Ind .D ec-A W e't. June ........In .& G t. North’ n 30 wk Julv

I : Interne. (M e i.i ^VkJul? g| j Iow a Central. . 30 w k ju ly

Iron H allway. J u n e .____1 KanawhiiAM u b 30 wk July!

Kan C. Cl, & S p. 20 wk JuiyK . C F.8.& M em . 20 w b July;

j K.C Mens.&Bir 20 wk July; I K. C. Fitts. & G. 20 wk J u ly 1 | Kan.C. -un .B elt 3d wk July

Kan.C.W y A > W J u n e .........| Keokuk <fc W est 20 wk July

L . Erie All. A So. Juue ..! L. Erie & W est.. 3d wk July ; L e h ig h * H a d ..! June . . . . . .i Lon* Island----- 30 wk July\ Louis A M o.Rlv. A p r il.........; Louis. Ev.& SLL. 3d wk July

Louis v.&N ash v „J3d w k ju ly Louis.N.A.«feCh.{3d wk July Lou.St.L .A T ex . 20 wk July .Macon A B in n . June Manehea &a ug. AprilManistlqin*........ June _____MetuphisAChas. 2d wk J uly ^Mexican C ent. 30 w k J ulyM exican Inter*! A pril ____,'Mex. National. 3d wk July r Menem* K’ ways W % J u lr I d Milwaukee A No 4tbw kJ*ae 5Iln«ral Bang*?. June

s Min neap. A S c L . June .M.St-F.AS.S 0 m wk July Mo. Kan.A T ex . Jao wk JulyM o.F*e.A ifO uM 3il w k ju ly ! 399.^00Jts Rl rill t * t. ... 4- \l n*)l

1892.Jan. 1 to Latest Date.

1893. 1892.S t t

944.500, 5,93n,367| .5,588,953 ” 476.5'>2, 4 /2 ,0 7 9

5*2,871: 571 ,n g6,979,741 6,632,151

99.0 U ; 99,1-1

1,1*12,663 1,724 2,445,

618' 2,784

24,6 J7i 8.813 5,751:

7,02319,971

4 ,“ 9L14,461

7.18517,679

4,56513,796

63,162 68,277■ 31,596 30.927

1,605,825 9 ,878.8*0 9 ,116.148 3 5 ,2 2 ! 208,538 224,884

2,182,780 1 ,8 5 1 ,-56 1,144.479 1,001,501

68.667 30,310 34.951,

3.358 6 ,8 5 4 4.056

68,168 14,408

‘ '2,942123,545

6.9966.534

66.60647.793

126,61)931,40131.118

22,487:188,652]179,286

16,642 204 ,720 159,941

2 ,5 : 2.494 2,5 5 1 ,5 5 7 569,545 554,135

61,334: 124,703 163,936 195.102,

40 823) 1 ,9 -7 ,1 04

26.671 39,859

161.451 1 9 -.8 5 8

39.5 3 1,795.451

13n&B7\

1*018

*2.0101S~---- --- • — - *-• . . . . . . a*©!2«*’ 44 2,0 #0*fcj|eg tlc .P e o .A S let, 1M wk July x 3 .4 2 l

F -.-Jun e ..........; 1.717,1 P4l 1,470.91

* ,w»w,w a j35 18,970,000118,230, *? 39

0 ,888 2,370,017} 2 ,1 2 0 ,16 ” 0 ,5111 1.21 f ,* 9 l ! 1,102,135

83,523* 2 ,298,108 ' 2. 4 5 ,0 ->f> 203,343 821,28 if 928.8 iQ658 ,230 18,022,198 17,5 i 1,714

I,i«54 . . . . } . . . . ...14,713,9*t l 14.003,190

Chie.St.F M.AO M.. . .........Chic A W. Mich. Ad wk July 1 O n . Gik & Forts : j o p # . . . . ;@ n Jaek St Mac .i d wir j JfyO b .K. II. A r. r ,2« w k Ju iy !

A ir .6 1 . **mlh -■. d . , j « . v: S . <jrL A .V. E. 2*1 „ j H>v Ais. A Vlelut-. .4 * j „iyJ t e k * .n . * P 2d wk Inly B rlM corB iM 2*1 « » J im

Cton. N o r t h J u n e ......... 1% Port*. * V j u s .! '____ ;

Col. A M a r , , .. .1g e a .A k ro a & c .,. -.d . k July; Cle 7. ('au. v. —** Ju)**’ . sCtCla.*;h..!i.*i.l,. *.i: . v - o i r l

P<SO. A- K » - fu 2*i wk July:Q«». a 4 i m < t« j«i j u)'*.Col. .Sewb. & l.. A p ril.........{ o l 8 . 7 . A T M .J u i i , . . . .

«i.Hh*wn-.-2»M tthwk.ivi*i5) RI *.) /*«. A.. l .ke». i j on— |

.O o b . K l « i ....... March. "yu.-r-u i mvrt. .2*1 wStJulr; B a n ,. A R io Uf h u w i ju lyDm . M. No. A W J m - .......D a t B a y l l ia ip J u n e ......... jJmt.LaiM'K&No „ i j '„ u D ,;utB .-.i,.AAti id wk J mia d o t h t W too. M ay..........STB O S.V a.s {h»j2rt ori July:

| JSfl&. J »1.3tEas *! June M7*u» (mVpU.fr 4 Mf *m. se titv-h ..Mr a sse, dte T. H H tchhnrg... . , .Fttitt * P.Mjtn,.

' lte ren eo .... .. , i j| ,€ *a t .*p *S 'ii

F e w . A Klo Gr : HMtd. A Aft. C.

Qeoriria B ti,.....§•* Car’ !a .k y<-

.

? rilf 22! w * t a l f Si Wk July gi

037*853!32,108

572.404' 38,3 tm

wM J Hi; K'« J tl *1

0-feay W M SC f*® r.K ap,A lnd . . .

0bi. K. A Ft. W Other Ones.... Total all lip##,

•smart i r a » * . . . Chic. A Gr. Tr Det.Gr.fJ.A M,

5 ,7 ‘ 9 i 5 ,7 -4 ,1*2.283 ! 13,15060,847 72,549]27.032 25*82012 3 ,184 I 20,890;

6,912 7,6376,055 8.137

13 i ,830 f 135,^33!1,712 1,760

24.154 22,1871,2 ■*9[ 1,103:

10,232 tl**$f0OU| 91,8fHl|260.70* ! 272,139!

31,530 3 » , ' / i 25*705- 5,8 *?!3 ,e40 I 2 ,6 2 2 1

321.00* | 278,67715,* 34 20,47 ll

1,5p 7 1,90507,712:| 93,154

t ,707 3,200104.4CH*] 179.5041

32,928!| 37,22-5 j40.390! 30.00*2%, 1,267 j 21,259•7*300! 62,02425,3 j 7 **08-8191*3*31] 109,92-**-!05,9871 62,4 13

S .U ll 9,0163,035 j 2,7 2 i|

3 2 , / i t j! 32.2986*7 ,6 i9 j 597 ,3671

80.060 48.6 ml12,840! 2 ,047j

124*7 9m 119,0612 ,121} 25,1381

1,264) 1*610 f. 1 04 .341

30,M2| l o . - i i

4.19'A45l 4 2} . .. f4 * ,j4 * i! 51,295!

8,441 9,04 i3 ,707 4,000.;

54.181 04,93 0401.546! 398.40 n

75,003 73,44824,249* 25.543

73,k 350... § ,9 9 1,550_| 3.2 • I»r8s0i1,028,0*‘8 j

3 2 0 8 0 } 375 .142

2 ,141,15? 932,448 740,*00! 28 .,749 2 W ,8 t7

4,357.080} 9 ,4 15!

128.4*22 0 ,78*

541,097 449,737

7.1 S3,945 .877,218 19 ,651

25.7 94 1,843,743

320,5 i I Hi, •*» 94

204,48 89,40 *

4,621,845 180 ,-32 24 ,00C: 645,127

1,188,4181 IU0.8 *»}

3.01i'.S3O 1 -0 ,67 .' 199,9641

77t’ )*u| 7S l.ti *.

2 ,0 5 4 -a o l 1,69 '

is

60 ' . _ _ 6 ,011,594 3 .* :!« .* 4 i1.07S.509

31.036 3 *5.-1 ‘J

2 ,190,750 O i l , 3 ! 6 ,4 S.)H 3*0,M i:i j •i7 1 ,1 -9 |

4,311.7b .' 0.491

11 !,o4 7 H ,*l!l

S l ’ .MJB i 378,0)50 i

7.4 1-.761 9 0 - ,— 5 ' 175.355

1 ,2441.5 5, *01

•32,«(1710,3 .7

255,37s ! 94.1*6 ;

4 .895,1*0 106 ,.43 162.911 626.326 ,

I.S70.CH1 57,180 .

3 .210.132 ' 3.**0,4*43 : 104.403 s

00 .2*6 I 678,415 ;

2 ,-6* ,190 1,620,8 9 j

la .T io

M obile A B u m . i t h - k MayM obil- A uh lo * i n , - ____ ’Mont. A M ei cut May............Nash, Oh. 3t s t . !. J J a*,**N. J-rM>y A S .T J M -H * .......NewOrt.A8o ’ n . . 2d wk July S Y .C '.A H .R .... J u „ »Y. L. fc AW.Jno,; N .Y .P a .A tlh n .. AprilS . V .ltS .K n it.. Hurcli........N .Y .* Nurtli'u.. J o o ,U. Y .O o l-A W . 3<l w k ju ly 1N 1 rtu-u. A H .. Juno .......Norf. A.-ollth*u M a y ,____JN oriolk A ft* *1 . 34 w k ju ly N’ tbea*i‘ & (0.*:. > A p r i l . , . , . . j >ut)b'D* -tilra*. Juli*. , . . . J 5 ortli-riil'a-U K) ;i,i a . Mat

Wsa. Ct. I.10**. -4 wk Mu| N.B.A 4f.LAet.i2d wk July]

O bkoA M lM -------J u n e . . . . :o b t o R U -r .......... istw k JulyOilu, .-otiln-ru , J tin*-.........Omaha A «s . 1..,; A p r i l . . . . . .m -k o u lu ip . <v> M ,y . . . . . .Bad. I Bun ,’iA ia J .it*** . . . . .

274.032 203.6872,260.315 2 ,249.245

132,319: 138,1311,010,218 703 ,319

432,285 11.849,642 11,426,553 6 4 . '6 8 1 ,-10 ,590 1,685,276 10,667; 3 1 6 ,5 -6 330 ,322

5,691 31,269 37,603680 5,721 4 ,556

8.090 66,362 74J>9319.741 7 7 0 ,1 2 . 714,994

145,716 4,429,487 4 ,254,795 153 901 7 i2 , ;0 2 D lg.74495,421 2,107,073 2 ,225,290 49.500 1 ,675.750 1,707,810 5 5 ,3 -1 851.419 7 -6 .6 6 811.908; 53,855 66,189

178,191* 846.14 907 ,27262,838 1,760,435 1,544.768

1 -3 ,2 1 5,226,5 *3 4 ,696,885 416,425 l3 ,0 i8 ,S 4 J 13,7a /,1 9 5

4.805 ........... 1 .............1,665,1 60;

434,213 2,457,355;

05,7 .8 67.538.

218,092 38.26 1

400,986 21,977

1,649 ■ ■ ■..J4.154.000 3.64 1.198 22.627.508 21,325.003 - 2 .668.633 2 ,7 .2 , ;2 0 1 4 ,4 -8 ,3 7 14,793.203

6 »4 .o * « . 570.334 2 ,320,776 2,242,007

1,6->0.056 316,931

2 ,4 8 !. 149 64,012 7 1,MIL

loo**. M ini'll.. Penu*yly*i.t».

:JuueJ u oe

5 4 .2 4 -; 93, l 45

405,163 40,428

1-5.1 88 62 .44 ,

0 *3.195 4 1 *,‘233

86,763 461,664 333.547

1S.2231 61. >77 40,252!

34.’ .942; 26.358 18 110

48,773 85,049

155,002 40,002

1T6,*)53 62,017

565,171 3 6 S .3 /9

90.. 83

1,440,105 1,300,687 291,332 215 ,616

2,061,0*4 1,821,537 832.635: 790,134186,077! 1 -0 ,0 9 6

5 ,5 -8 ,7 18 5 ,088,429 27 ,6t»2 271,868

3.4 4 ,550 3, ,2 8 ,480 7 ,0 0 »,6 46 7,748,842 1,843,353 1,971,818

607,. 63 12,845,712 14,308.650 304,017 2 ,0 9 ,172 1.940.593

3 -5 .1 0 6 344.397 1 9 ),8 20

1,487,09*159.1*6 1 (0 ,3 >3

17,13342,33034.169

3o».a7421.50416,660

32 7,108 309,914 18*,080

1 ,473,982 9 a,4 2# 86.425

l*eorteuee.*£,y )SU wkjuly1'a 11. ra 1,119a nr .. . . . 5 .7 -2 .4 02 5 ,5 9 2 .-33 33 ,-85 ,4 17 32,095,452

P-teraounr— Bulla, A fin e Pulla.AK»a<ra

51,May, . M ay..........

17.7455 o ,» u t

507,7*4

l i . l o * 40 .-61 :

439.1314 7 - ,500 447,160214.208: 239.433

1.991,418 1,006,821. . - ..................1 ,9 1 4 . 0 ) 0 1 .8 2 0 ,2 0 9 8 ,9 * 0 ,1 6 7 8 .867 .231

Coal A ir . i-o.i- MBy. ____3.u60,317 3,541,537 17, n20,581 10,232,376Total Doth no* M.,y............ '5 .563 ,40 - 5 370 .74? 30,87 ,7a7 U *,10o,lu8

5,331,7 7 1 20,300

172 ,806 676,734 29o,7 73 14 *,51 1

1,2o8,270 042,906

88,014 101 ,-77 132,660

LeWkh Yallay. A p r i l . . . . . .PUt».M ar.At;«i lum i P > U .m .5u .* l,l.P ilU b. A » 'M t

B ill Cl, A lul 1 'U l- . P a . A e .Total tjtletu..

T in . Yuan*, a a .Pi. Koval a An ir.Pi Koy AW.I.ar. m iliioy O A K.> itiali.A l4»ti.»y»Kl ti.rr'1**!) a P.Kiob. a Pe'ernt),Km Ur duutU’ n R io Ur. VVy-E'i*.. Sok.Toeeota.v H s -a .V a i. A. St 1,.

J u n o ..........J * iu « .........J u n e .........Jiiu** . . . . . 3d w tJ u ly J u n o . . . . . .A p r il....... .> p ro ..........

J u n o ..........M a rs h .. . . . M a y . . . . , .. W av. . . .. 3d wk July Jt.i w k ju ly Juno May .

8V JL. A A T . 11 -2d wk July. t I S ..... .......

206579.771 167,555 4 • 5 ,-8 0

15.291 121,342

173,126

594,77051,329

3-0.5SO16,633

12 >,»«! 1,< 59,7*7

.0 ,539,536 , 1,837,8701

554.906

132,840 1,722,001

1 <*,517,439 1,9*3,550

509.918

0i,LvKuh‘0tA3o -Iuu.:Sl,L.8«uthW r(>. 5*1 wk JulySt P a u l* Uul'tli J u n e .........San 4 M .4 A .p . M a y ............-.,iid,*r.iv.A r !*ii. Juue . . .0.P rato* « .P »C . 2d * u July Suv. Am. a M*?n. June . . . . .8av.Fla.dc «feat | M arch........8 ilv e « to u ........... M u u e ..........Si*)U*Cttydt No M a y ..........South Bound___ Juuu ...........SouthA Sur-iTir. A pril..........80. Piu itlc Co.—!

•ial.Har.de s.A M a y ..........Louis 'a W eal.. M ar___ . . .Morgau’al.diT. Mny. . . . . . .N. Y. f . A M e t . May............T e t .& N .u r l . . M ay............AU.mlii- -> **.//. M ay............Pttclltc aynteui May............

Total o ! a ll.. May............goaatlAVOJal.) ,Sou. D iv .ft 'a U * MaY .......A rizona 1>1».. M ay...........N ew M e t in I. M a y ...........

l.AOtiA'.I* 1,307,900 5,041,0723,303 3,147 19,717

46.J46 S 2,266 107,659164.704 11 8, >04 78 4,*"24

82,878 64.UI9 4O0.4404HS00 2 -,3 1 9 176,2526 6 ,1 6 1 4 6 ,4 .0 1,540 7 74

IS ».o7l) 157,761 71.8,55811,013! 11. .J7 l l e , i 4 J16.3*17 17,1117 120,2 421. ISC 2 1 ,0 )6 1 .9 ,6 3 6

l,1 0 3 .7 2 u T ,059.600 ___ ____71.164 70.2O5 341,3943 2 ,-0 * 30,926 152,421

5, 27 14,332 ___46,900 55,000 1,241,17411,439 10,360 56,t 12

8,943 7 ,08 2 36,49 b28.660 23.870 834.359

l , 10 2,439 13,56373.977 82.514 2 ,6 3 ',6 6 4

152.574 184,048 -2 3 ,4 3 470 0 ,-94

741 03 7 3..41915.53 L 15,966 419.63941.85 4 4 «,5o5 262.673

264.30 290,844 64*2,9 777,500 14,9 2 23,025

26.070 30.742 150,75915,000 13,000 113.001

639 538 5.093

350,883 338,037 1,850,088-4 .S -U 73,077 477.010

430.100 345,846 2,196.85020,5 7 i 16,247 92,018

155.723 127,030 786,1131,045.433 903,642 5,400,0983,112.519 2,898.957 13.687,0984. L.,7,961 3.802,599 19,147,795

906,370 809,405 4,243,981164,7*27 167,326 891,225

77.472 88.439 426,999

320,407147.052

1,357,3.1260.72430.732

734 .00314,773

2,182,850-3 2 ,9 9 6556,449

2.722414,175231,033896,947

28m 00157,865

82,.»164.703

1,741,557415.052

1,993.65084,453

661,3424,944,4213,206,741

18.151,1623,779,565

788,643410,509

178 THE CHRONICLE. [ Vol. ITVII,

KO.UiB.L a test E a rn in g s R ep orted . ! J a n . 1 to L a tes t V a le .

Week or Mo 1892-3. ! 1891-2. I 1892-3.

South Carolina.. J u n e .........Spar. On, A v 'ct Vorii.........Staten Ial. B . T . M ay...........B tonyC l.A f'M t. ...........B iitnm itB ratieh .llm ie.........

Lykcm i V alley ;Ju n e . . . . . .T o t 'l both Co’s J o n s ..........

T exa s A Paol!ta|3<! wk JulyTex.8. ValAN.W M o n o .........T ol. A. A . & N .M .lM Wk Apr., Tol.& O kioC eote 30 wk July Tol. P. & W est.. 2d wk July T o l ,S t .L .* K .C >20 wk July[Tol, * 8 o . Haven! A pril.........mater* Did... (May........U nion Pacitio— !

Or.S.L. * U. N .; May............Or.Tty & N .Co.|M »y...........U . Pao. D . & G. May............St.Jo.&Gcl.Ial-,3d wk JulyA ll oilier lines. M ay...........

Tot.U .P.Svs, M a y ............C ent.B r.*L .L . May, . . . . Montana US...Leav. Top. * 8 .Man. A1.A Bur.

Or’ .id total f V erm ont ValleyW abash ...............Wral>. Ckes. * W.W est Jersey.......W .V .C eO .* Pitts W est Va.& Pitts.W est. Maryland.W est. fif.V. & Pa Wkeel. * L. Erie W U .Ckad.*Con.W il. Col. & A us W rlshtsv.& Teu

May:May........Mar..........May...........March.......3d wk JulyMay.......May.......May...........ApTil.......Juno........Istwk July 3d wk JulyA p ril..........April.......Marok.....

(548,202 343,567 499,962

IS,700 .733,398 ,320,176

80,483 101,833

2,268 5,085

,435,251 16,898

251,000 8,129

146,457 105,494

34,975 101,700

66,800 29,299

1,799 53,893

6.600

83.013 7,557

91,453 2,720

99,984 86.585

186.569 115,212

3,102 19,655 40 509 16.419 38,936

2,177 33,272

585,700 340,936 511,691

20.400 1,740,740 3,260,373

92,027 90,808

2,025 4,195

3,400,915 14,850

250,400 5,994

134,56S 89,486 24,438 90,804 63,800 26,378

2,533 68,968

6,205

s676,751 37,80S

339,403 9,016

652,301 553,240

1,205,5)7 3,477.018

26.150 339,004

1,085,147 495,468 924,703

6,611 140,358

2,589,3691,517,5492,309,084

653,1878,282.902

15,209,693463,170323,077

11,21418,268

15,849,12341,298

7,290,26238,636

597,926455,608116,917551,970

1,869,205847,9728,001247,373

1891-2.

653,26936.410

337,2228,519

646,282497,871

1,144,1523,261,831

21,399280,265979,114508,469

1,029,0007.837

134,4292,626,842 1,548,841 2,199.917

625,548 8,500,764

15,320,742 495,646 45u,519

15,691 16,732

16,057,861 40,709

7,228,51.8 28,893

560,010 433,652

88,995 461,550

1,676,349 765.997

9,498 298,830

- Includes Colorado Midland in 1893 and 1892 both, for the week and the year to date.

1 Includes Milwaukee & Northern for all periods.a Figures cover only that part o f mileage located In South Carolina.

6 Earnings given are on whole Jacksonville Southeastern System, e The business of the Lehigh Valley and Lehigh & Wilkesbarre department s is Included iu 1893. (t Includes earnings from ferries, eto., not given separately. ’ Mexican currency, e Tol. Col. & Cin. included for the week and since .Tan. 1 in both years. /In c lu d es only halt of ltaes In which Union Paeiflo has a half interest.

Our statement of earnings for the third Week of July covers 50 roads and shows a loss of 5-29 per cent.

3d week of July.

B alt, & Ohio Southwest.B rooklyn E levated ....... .B n flilo Koch. * P lttsb’g., Burl. Ced, itap. & N o rth .:Canadian P acific...............Chesapeake & O h io .........Chicago & East, Illinois. Chicago C roat W estern.. Chicago Mllw. & St. Paul* Chicago k. Ohio E lver— Ohio. Peoria & St. Louis. C h ica g o * W est Michigan Cln. Jackson & Mackinaw Cleveland * Marietta— D e n v e r * Kio G ran de... D etroit Lansing &North. Duluth S. 8. * A tlantia... E vansv. & Indianapolis.. E vansv. & Terre H aute. ELLnt & Fere M arquette. Grand Bapids & Indiana.

C incinnati B, & F t. W ..Other lines........................

Grand Trunk o f Canada. Intern ’! * Gt. North’n . . .Iow a Central......................K an. Oily Suburban Belt.KLanawi-.i & M ichigan___Lake Ei ic * W estern.......Long If land.......................L oiilsv, Evansv. * St. L Lauisvule & N a sh v ille ... Louis. N. A lbany * Chic.M exioan Central...............M exican N ational.............M inn. St. P. & S . 8. M . . . .Mo. Kansas * T exas........M o. P acific * Iron l i t ___N. V . OntuTio & WesternN o r fo lk * Western...........P eoria I>ee, * E v a n sv ...Pittsburg & W estern........E io Grande Southern___Bio Grande W estern........fct. Joseph * Gd. islan d .. St. Louis 6c Southwest’n.T exas * Paeiflo.................T oledo * Ohio C en tra l...4Vabash.................................W heeling & Lake E rie -.

1893. 1892. Increase. Vecrease$ * $ $

48,417 46,705 1,71229.808 33,339 3,53170,163 62,594 7,5b963,354 68,989 5,635

428,000 417,000 i i,oo6203,831 207,732 3,90 L

87,630 90,688 3,05.871,035 83,523 . . . . . . . . 12,488

580,822 656,236 77,4142,0(6 1,652 364

27,394 23,424 3,97032,iu5 36,319 4,21412,283 13,159 8765,795 5,847 .. _ _ r . _ _ _ 52

104,400 178,800 r 74,40021,2-67 21,259 857,809 62,024 4,215

8,441 9,616 1,17532,)37 32,263 52450,660 48,699 1,96141,941 51,298 9,3548,441 9,041 6 003,797 4,60). 803401,546 398,401 3,14557,148 68,667 . . . . . . . . 11,51929, 72 34,951' ............ 5,779

5,599 2,942 2,6575,405 6,854 1,449

63,248 60,606 3,358120,157 126,60933,530 31,118 2,412

371,945 432,285 60,34066,606 61,768 1,838131,616 145,716 14,10063,567 95,42] 31,85480,960 62,93b 18,022192,513 183,261 9,249399,866 416,42s 16,55993,145 85,049 8,096195,088 176,058 19,030

17,745 17,108 63766,181 48,415 17,766 ■

5,727 14,352 8.62546,900 55.000 8 TOO18.700 20,400 1,70073,977 82.514 8,53798,403 115,212 16,80946,775 40,509 6,266251,000 250,400 60029,2^9 26,378 2,921

,958,017 5,235,167 119,747 396,897............ 277,150Net decrease (5'29 p. c.).

* Includes Milwaukee & Northern in both years.For the second week of July our final statement covers 76

roads, and shows 8'01 per cent loss in the aggregate.

2nd week of July.

2d w eek o f July.

P rev iously rep'd(47 r'dsl Ateh. Top. * Ban. Fe 8ys*

Bt. Louis * San Fr. 8ys, Chle. P e o r ia * St. Louis. Cin. N.O. * Tex. Pae.5 rdg Cieve. Akron * Oolumb

1893. 1892. Increase.$

4,726.506 66 2, h 49 139.946 27,394

131,830 19,232

$5,031,038

719,980174,33623.424

135,33318,631

$105,207

3,970esoiJ

Vecrease

Clev. Cin. Ohio. & St. LPeoria & E astern___

Current Elver.................Duluth So. Shore & A tl.. East. Tenn. Va. & Ga ... i Kan. City Clin. & Spring. Kan. City Ft. S. * M em .. Kansas C. Mem. & Birin.Keokuk & Western.......... iLouisville St. L. & Texas. Memnais & Charleston...Mexioan Railway............Minn, St. P. & 8. Ste. M..I New Orleans & Southern!Northern Pacific.......... I

Wisconsin Central. . . j 8fc, Louia A lto n * T, H .J San Fran. & No. Pacific.Texas & Pacific................Toledo Peoria & West’n ..

Netdoerease (8'01 p.o.(

1893. 1892, Increase. Decrease.

9 8 $ m260,707 272,138 11,431

31,530 31,282 2481,707 3, 06 1,499

49.980 51,791 1,81 L91,393 109,928 . . . . . . . . 18,535

4,487 4,0 >6 43166,6)6 68,188 . . . . . 1,53215,39a 14.408 985

7,560 6,996 5649,659 10,667 1,008

17,056 19,747 .. 2,09145.500 49,500 ............. 4,00080,791 51,876 28,915

1,802 1,649 153484,3-34 667,563 202,879

28,680 23,870 4,81045715,531 15,988

97,631 104,917 7,23616,669 16,419 250

,015,903 7,626,920 146,134 757,151. . . . . . . . . . . . . . . . ___ . . . . 611,017

* Includes Colorado Midland in both years.

Net Earnings Monthly to Latest Dates.—The table following shows the net earnings reported this week. A full detailed statement, including all roads from which monthly returns can be obtained, is given once a month in these columns, and the latest statement of this kind will be found in the Chronicle of July 22. The next will appear in the issue of August 19,

—Gross Earnings.----- >,----- -Net_Eu,rningsL-1893. 1892.

Roads. $ $Cent, o f N. Jerseya,. Jane 1,320,297 1,202,002

Jan. 1 to June 3 0 .. . . 7,136,867 6,734,301Chesapeake &OhioaJtmo 840,523 823,185

Jan. I to June 30___ 4,946,852 4,565,890July 1 to June 30 ....10 ,336,810 9,834,416

Chic. Burl. & Quin.lbJnne 3,292,679 3,326,295 Jan. 1 to June 30. ...18,970,008 18,236,839

Cieve. * M arietta...M ay 29,025 24,833Jan. 1 to M a y 3 1 .... 145,162 130,661

Iowa Central.........W ane 158,299 152,793Jan, 1 to June 30___ 907,655 876,412July 1 to June 30 1,955,640 1,902,531

Kanawha & M ich.h.M ay 34,484 37,545Jan. 1 to May 3 1 ... , 147,966 151,852July 1 to May 3 1 .,. . 339,180 328,669

Mex. International..Apr. 181,226 153,901Jan. 1 to Apr. 3 0 .. . . 712,702 518,744

N.Y.L.E.&West’n,c.June 2,668,683 2,742,729

1893.$

572,3322,711,467

201,8291,387,4933,204.0431,062,8045,814,106

4,30829,40670,169

267,379580,677

9.58145,270

110,38237,761

183,509*963,948

1892.$525,766

2,780,963200,742

1.006.9242.439.925 1,008,490 5,664,724

3,18428,05231,585

197,349543,82614,92850,859

100,97862,292

185,813947,851

Jan, I to J n n e 30 ... .14,488,35714,793,203 *4,677,914 *4,635,849Oct, 1 to June 30 ..,.22 ,389,230 22,992,935

N. V, Sus. & W est.bJune 185,153 155,062Jan. 1 to June 3 0 ... . 832,635 790,134

Northern Central, lb. June 653,105 565,171Jan, 1 to June 30----- 3,494,550 3,328,480

Penn, (eastP. & E .).June 5,782,462 5,592,835 Jan. 1 to June 3 0 ... .33,885,417 32,695,452

Lines west P. & E..JuneJan. 1 to June 30___

Summit Branch........JuneJan, 1 to June 30___

Lykens Valley......JaneJan, 1 to June 30-----

Total both Co’s..June

I n c . In o .

434,339563,959

7,411,827 74,583

349.095 227,583

1,013,255 1,429,907 8,835,466

I n c . 407,518 I n o . 42,333

7,348,26870,412

338,49094,560

828,3591,163,4258,857,438

110,561 99,984 6,125 3,757652,301 646,282 95,988 55,695

96,408 86.585 8,209 90553,240 497,871 67,612 17,696206,968 186,569 14,333 3,347

1,205,537 1,144,152 163,599 73,392a Net earnings here given are after deducting taxes,I> Net earnings here given are before deducting taxes, e Net earnings here given are after deducting taxes on property.* A fter deducting proportion due roads operated on a percentage

basis, net in June, 1893, was 875s,133. against *756,431 iu 1892: for six months to June 30, 83,425,210, against 83,426,902, and for the nine months from October 1 to June 30, $5,433,926, against 85,422,- 378.

Interest Charges and Surplus.—The following roads, in addition to their gross and net earnings given in the foregoing, also report charges for interest, &c., with the surplus or deficit above or below those charges.

r-lnter’t, rentals, Jc.~,S ad 1893. 1892-

Chie.Burl, & Quincy. June 830,000 815,075Jan. 1 to June 30___ 4,980,000 4,890,451

—B a t . o f N e t E a r n s .—. 1893. 1892.$ -fB232,804 191,415834,106 774,273

GENERAL IN VESTM EN T NEW S.

409,73957,04034,390"3 ,50 3

Chicago & Western Indiana.—This company has recently listed §1,250,000 more of its bonds, bearing Nos. 12,501 to 13,750 inclusive, of $1,000 each, issueduader the general mortgage deed.

These bonds have been issued under the power and authority granted in the eighth article of the mortgage deed of Dec. 1, 1883. AH of the requirements of the ra >rcga<e deed were fulfilled prior to the issue of these bonds, to wit: The leases (supplemental, for additional facilities) on wmea the issue of these bonds is based were actually executed between this company and other railroad companies, ap roved of by the trustees as constituting good security for such additional bonds, and were properly assigned and transferred to the trustees. The rentals payable to the trustees under these leases “ provide for the payment of rentals annually at least 20 per cent in excess of the interest payable annually on the bonds then outstanding and of any such additional issue or issues,” The sinking fund, as required under article third of the mortgage deed, has also been provided for in these

July 29, 1893.] THE OHKONICLE.leases. The following supplemental leases, approved by the trustees, have been assigned to them, in accordance with the terms of the mortgage deed.C hicago A- E astern Illinois K R . Cu.—R ental, excess o t ren

tal and sinking tuna, per annum .............................................. $15 ,194 SSW abash R ailroad Com pany—R ental, excess o t ren ta l and

sinking fund, per a n n u m ............................................................. 5 ,896 08T he Beit R ailw ay Com pany o t C h icago—R ental, excess ot

rental and sinkiuir fund, per annu m ....................................... 78 ,614 40G rand Trunk J u n ction Railway Com pany—R ental, excess

o f rental and su itin g fund, p e r annum ................................. 31 ,445 76C hicago & E rie Railroad Com pany - R ental, excess o t ren

tal and sinking fund, per a a n u m .............................................. 31 ,445 76Loaisvilie S ew A lbany .c C hicago R ailway C o m p a n y -

R ental. excess o t rental and sinking fund, pet a n n u m .. . 31 ,445 76W abash R ailroad C om pany—R ental, excess o f ren ta l and

sinking fund, per annum ............................................ ....... ........ 31 ,445 76C hicago dt Eastern Illinois R ailroad C om pany—R ental,

excess o f rental and sinking fun d, per annu m ................... 31 ,445 76

T otal p er annum ............................................................................$256 ,934 16These leases rentals, excess of rentals and sinking funds

provide for the issue of $3,289,000 of bonds, to wit:S ix per cen t Interest on $ 3 ,2 69 ,0 0 0 ..........................................$19 6 ,140 00T w en ty per cen t e x e c s* .................... ............................................... 39 ,228 00Sinking fund.......................................................................................... 21.566 16

T otal, as a b ov e ................................................................ $256 ,934 16Of the P ,369,000 bonds, the issue of which is thus provided

for,There ha* been issued and listed on New York S tock E x

change (see circu lar x -r il 8 6 ,1 8 9 2 .1—1219) ........ ....... $617,000There h a sS e# o issued and listed on New Y ork S tock E x

ch an ge (see circu lar D ecem ber 14, 1892, A —1 3 2 9 )___ _ 1,000,000Issued, but not lu ted .................................................. ....................... 1 ,250,000Not yet is »ued........................ ................................................................ 402,000

T otal, as above $3,289 ,000Cincinnati Hamilton 3c Uayton.—A report for 1892 of this

railroad system made to the Chronicle shows the following :Tear ending Dee, 31—

G rata earn ings.................Set earning)...............Interest on bonds......... .C. U 3c 0 , d iv id en d s .. . .D. A M. d iv id en d s ...........

B alance, s jr p b u —

1 -9 1 ..$4 ,688,134 . 1 ,052.818 . 580.450. 283 .782

160,786 041,797

1 SO* ■$3,163,019

1 ,674,125694,933204,546100,786533,849

Cleveland * Mahoning Valley.—Holders of this company's extended 7 percent bonds maturing Aug. I, 1893, desiring to exchange their bonds for the 5 per cent gold bonds maturing 1 9 3 8 , may do so by depositing the former for cancellation with the Central Trust Company of New Y o r k and by giving notice of their intention to <loso to Messrs. Winslow, Lanierdb Co., 17 Nassau Street, New York.

Colorado Fuel & Iron,—To secure a claim for about $400,000 against the Santa Ft? Prescott & Pht-mx Railroad for rails furnished, the Colorado Fuel & Iron Co. has died a lien which the officers state under the Arizona laws places the debt alo ad o f the first mortgage. The road ha* TO miles completed in Arizona, on which bonds for $1,500,000 have been issued.

Eillson Electric Illuminating Co. of New York.—Thestatement for the first half of the year to given as follows :

1891. 1892, 1093.Gross ra rn la g s .6 m a t h * ........,. '.$ 8 0 0 ,8 9 $ $ 4 (5 .0 5 3 $ 60 0 ,958Net earning*. 0 uentth* .............. 152.301 233.386 2* ;. «i2A dor'd Interest pp bead*. 8 m o*. 50 ,615 38,704 75.504In can , lam ps end o f J a n e . . . » 74 ,493 114.04 4 152,196Are tam es and o f June _____ . . . . 3 13 1,158 2 ,008-Motor*, ft. p . cu d o f J a n e ............. 1,339 3 ,025 4,955

Edison Electric illuminating of Brooklyn.—The earnings for the first six months Of tiie year show comparison asbelow:

1892 . 1893.G ross................................................................................. 9S.108 153.832Net . ................................................................. 40 ,580 <>7.5(9O ther in co m e ....................................................... 3,081 5 ,076

T ota l in com e ................................................................. 43,841 73,595Interest............. .. ................................................................. .. 12,500 12.500

S u rp lu s ................................................................. ..........31 ,141 60.095Evansville A Terre Haute.—There has been a change in the

directory of the Kvansvills & Terre Haute Railroad Company, and also transfers of interest in the stock. At a meeting of tins company at No. It Wail Street T. W. Evans, H. I. Nicholas and Hein an Clark resigned from the board of directors, and W. H. Trtford, II. M. TiHbrd, of this city, and E. D. Huston of Evansville, were elected in their stead. C. C. Baldwin resigned as Chairman of the finance committee, and tne President of the Board. D. J. Mackey, succeeded him.

Earnings for the system in the year ending June 30, 1893, including the Evansville f t Indianapolis and the Evansville & Richmond were as f o l l o w # :

1891-92. 1892 93.O res . e a rn in g ......................................................* *1 .018.605 $1,886,931Operating ax p a n e * * .......................................... .054,488 935,116

Set earning*.............. -.................. *H W M $951,804F ixed «fc»r*W .......................... .......................... 841 ,937 607.021

Surplus.............................................................. 9447,199 *344,583*In 1*91-02 the gre*» earn incut Included $00 ,4*3 prem ium on bonds

sold. so that the actu a l ties earning* w ere $ 890 ,67$ la that year.Georgia ontBern A Florida.—At Macon, Ga., on the 25th

inst. the hearing of the petition of the Georgia Southern & Florida first mortgage bondholders for foreclosure and sale came up, and by general consent the case was post pined to the November term of the court.

The bondholder, have tinder consideration a plan to reorganize the company as follows : 5 per cent bonds tor $3,500,-

179000 to be issued to retire §3,420,000 6 per cents, the difference of §80,000 being used to cover the cost of the receivership ; 4 per cent first income bonds for §855,000, and 5 per cent second incomes to the amount of §810,000, and §1,000,000 of common stock; the Macon & Birmingham ’ security holders to receive §400,000 in first incomes and §300,000 in common stock, and the Macon Construction Company to receive §400,000.

Mexican International.—The bonds of this company were listed this week on the New York Stock Exchange. On another page is given the application to the Exchange, which furnishes much information relating to the property and its operation. It has been the policy of the company to accumulate from year to year the surplus over operating expenses as a reserve fund to provide for the interest maturing on its bonds, irrespective of the current year’s earnings, Tids fund aggregated on December 31, 1892, §758,907 in United States currency, after making provision for interest due to that date oa coupons maturing March 1, 1893. The interest charge for the ye>r is §560,000. Tne first animat report of the Mexican International w a s published ia the C h r o n i c l e May 20th.

National Cordate,—The limit of time for depositing the preferred and common stocks under the reorganization agreement expired on Tuesday, the 25th inst. The deposits of preferred stock were about 45,000 shares out of the 50,000 outstanding and of common about 185,000 out of the 300,Q00 shares.

N. V. New England & Northern.—At- Albany, N. Y., July 22, this railroad company was incorporated to construct a railroad about fifty miles in length, from a point on the East River near the mouth of L**-gett!.< Creek in New York City, northerly through New York, Westchester and Putnam counties to a point on the line of the New York & New Eng- Railroad near Brewsters, in Putnam County. The capital is $3,000,000, divided into 100 shares. The directors are Archibald A. McLeod, Thomas C. Platt, James Armstrong, Pierre VI. Brown, Alfred A, Gardner and Frank G. Odenheimer, of New York City ; John B. McDonald, of Baltimore: W. K. Ntver, of Syracuse, and John H. Taylor, of Bavside, L. I. This to supposed to be a project of Mr. McLeod’s for an extension of the New York & New England to New York City.

N. Y. Lake Erie A Western.—On Tuesday, the 35th inst., Judge Lacombe. in the United States Circuit Court, appointed President John King and Mr, J. G. McCullough, Chairman of the company - Executive Committee, as receivers of this property. The application was made for the purpose of avoiding possible attachments by creditors and the sacrifice of collaterals deposited to secure loans, some of which have matured and others are maturing.

The receivetship proceedings were brought in the United Stares Circuit Court for the Southern District of New York by Trcnor L. Park, who is a holder of first and second ruort- gagu bonds,

the following statement was made on Tuesday by Mr. John King, President of the Erie Railroad i

"Under the resolutions of the board of director?, adopted at it* last meeting, held July 20, the Executive Committee of the Erie Railroad Company'after full consideration, yesterday adopted resolutions plaiting the road in the hands of receivers. The receivers appoint.*! by the Court are John King, President of the railroad and J, O, McCullough. This measure was taken purely in the interest of the road and its creditors. Within the last few weeks, during the severe money stringency, the floating debt of the Erie (which every one knows has existed for the last few year*) became impossible of renewal, and in order not to sacrifice the best interests of the company it was decided to place the road in receivers’ hands and pre-erve the system intact, aai preservo and develop the transportation business for the company. The owner# of its securities should not sacrifice their holdings because of this step. The names of the directorate of the Erie are a sufficient guarantee of the honest and intelligent management of the interests committed to tneir hands,”

The last annual election o f the company was held on November 38, when the following director* were chosen s .I'ibn King, John G. McCullough. Ogden Mills, J. Lowlier Welsh, Abram S. Hewitt, William Whitewright. William A. Wheelock, Alexander E. Orr, Henry II. Cook, Morris K. Jesup, George W, Quintard. William LI Obey, Courtland Parker, James J. Goodwin, William L. Strong, William N.Gilchrist and E. B. Thomas.

The answer of the railroad company is a general admission of the facts set forth in the complaint, it being a friendly proceeding. The following is quoted from the answer.

"T h e defendant 1* la rgely Indebted to a num ber o f other ra ilroads whose lines con n ect with th* tines o f this d e fendant fo r team s balances arising from the im »lnc*» exchanged with t win, vhleb am ounts to upward* o f that paym ent o t balance* w ithin M W f f l U t t i u » is»»«•;ssarv to the preservation o f the bittiness o f the t le toa i.t iil in e x - change with in ch oth er com panies, and that If the am m at o f snon traffic balances duo and to becom e duo I* not prom ptly p tld anu assured, m m v o f the -a id com panies wifi vltitdraw their basinets ana greatly reduce the in com e and Im pair the cach ing* o f the dsfpnd tnt.

"T he d irectors and officer* h IVe thoroughly co s -M ore l and rosortts* to ail proper m easure* fo r obta in ing the m oans with whion to pay the floating 'indebtedness and m eet the la rge am ount o f rentals and accruing Interest which will fail doe from time to time In the Immediate future, but the officers and d irector* have failed tad are unable to provide such mean* w ith w hich tsi d ischarge the floating debt, and the defendant t* pow erless to accom plish Hie said purpose* and for the tim e brio t Is practica lly insolvent in spite o f all exertions.

" f t h »» con n ectin g and auxiliary roads, the leasehold* o f w hich are valuable, particularly it* Interest In tho New York Pennw lvan la « Ohio anti C hicago & Eric ra ilroads; alao an Interest in the C hicago

THE CHRONICLE. [V o l . LVII.1 8 0

A Wfouru Indiana Railroad, by which the defendant reaches its ter- niloua in Chicago and thereby Bel* valuable bti>iiie-s T h ese com- panic* will bt enabled 10 dfOlin >h»* forfeiture of the defendant s rights unless piouiptly paid the rentals."

From figures obtained for the Chro n icle , the following general balance sheet is given as the latest made up puor to June 81). 1893. The Heating debt is probably .about the same as on April 1 :

OKNt.ltAt. BAI.ANCK SHEET MARCH 31, 1893.A88ttS.

Cost of rr»ad and equipment.................................................. $103.CoDstruotloo «»f branch ilots.................................................... 4'Stocks and boics of otucr companies.................................... oAmoui.t paid on accouut of equipment.............................. »Supplies ou bund................................................................... —BOls r e c e iv a b le ........................ .....................; ...............................Due by agett* of Ibis c *nipnuy on account of traffic.........Due • y others ou account of traffic......................................Due by eompaniee aud individuals......................................Canh on bund and in London........ - ......................................N . Y . L . E. & W . Coal tfc K K . CO ............................................................... ICbicMK * & Erie HR. Co ...........................................................A d v a n c e s to o th e r c o m p a n ie s ............................................................ *Erie coal companies................................................................... 1

,556.406 ,1*0,009 .725.04 4 ,504.365 615,196

32.742 824.153 680. 56 .ni ,766 334.919

.,503,913 834,570

.470.180 ,555.988

CONTINENTAL TRUST COMPANY.—(C o nclu d ed .)Dec. 31.1892. J u n e 30,1893.

Su pplem entary.Amount of debts guar. and liability thereon.Total amount o f interest and protits re

ceived last six months...................................Amount o f interest paid to aud credited

depositors, same p e r io d ...............................Expenses o f the institution, same period...Ain’ t of deposits on which int’st is allowed.Rate of interest on same...................................

None.$58,146

22.107 19,510

1,614,267 1 tO 4

None.$105,696

22,74521,442

1,576.228

KINGS COUNTY TRUST COMPANY (BROOKLYN).Resources.

Dec. 31,1892. J u n e 30,1893.

Total assets........................................................................... $182,887,007Liabilities.

Capital stock, comm on............ ................................................... $77,Capital stock, preferred............................................................Funded d e b t ........................ •/<Loans and bills payable............... ..........................................Interest ou funded debt d oe ....................................................Tnierest on funded dfebt accrued........................................ . LDividends unpaid........................................................................Due for supplies............ 1Due companies a d individuals on open account...............P a y rolls for March................................................... IDue companies aud individuals on account traffic............Rentals leased Hues, A c .............................. ............................Over due coupous on 2d consol bonds u n fu n d ed ..............S u n d r ie s ........................ ..................................................................................Protit and loss (surplus)............................................................. 1°

427,000 ,5 463 00 ,643,885 ,779,090 140.823

,188,403 7,188

,510,935 149,2.6

,116,5-5 585,263 792,It 9 2s8

5.905,003.627

Bonds and mortgages....................................... $646,470Stock investments (market value)................ 782.539A m o u n t lo a n e d on c o lla te r a ls .............................. 2 ,193,650Amount loaned on personal securities......... 450,322Real estate........................... ........................................ ......Cash on hand.......................................... ........... 12,956)Cash on deposit................................................. 512.648 >Other assets......................................................... 52,040

T ota l............................................................... $4,650,645L ia b ilities.

Capital stock paid in ......................................... $500,000Surplus fund........................................................ 450,000Undivided profits........................................... 31.325Deposits in trust............................................... 4S5. *41Genei al deposits, payable on demand.......... 3,116,974Other liabilities................................................. 66,905

$746,835759,849

2,309.691476,097

10,017326,577

52.960$4,682,020

$500,000 450,000

54,710 733,518

2,874,246 69,558

T ota l.............................................................. $4,650,645 $4,682,026

Total liabilities.....................................................................$182,887,007Northern Pacific.—The Northern Pacific syndicate formed

to underwrite the $12,000,000 collateral trust notes have been called upon to pay up to dale 40 per cent of their subscriptions. Nearly all ihis amount has been paid in, and no further call will be made on the remaining 60 per cent until the stockholders have signified their intention to avail themselves of the right of subscription. President Oakes says that the company does not look to the stockholders in the matter, as the trust notes are underwritten, so the money is assured irrespective of outside subscriptions.

Rutland.—The report of the Rutland Railroad Company for the year ended June 30, 1893, shows an expenditure of $40,302 for equipment an t improvements. The annual rental has increased to $363,286. Casb transactions for the year were as follows:

RECEIPTS.

Cash on hand in banks July 1892.................................................$325,485Rent of >ai!road................. 35l4.>7Rent o f real estate ....................................................... ........... 3,970Cash borrowed temporarily............................ 164,000Income from stocks and boDds..................................................... 18,526Inteieston money advanced C. Vt. R R ....................................... 5.167

Total..................................................... $876,586

Supplem entary. Am’t o f debts guar, and liability thereon.. Total amount o f interest and profits re

ceived last six months...................................Amo'tnr of interest paid to and credited

depositors, same period .................................Expenses of institution, same period............L)i v 8 . declared on capital stock, same period Am’t o f deposits on which int’ st is allowed. Rate o f interest on same..................................

None.$108,160

29,150 12,761 15.000

3,227,013 1 to 4

None.$148,001

36,97516,01515,000

3,447,395

MANHATTAN TRU8T COMPANY.Resources.

Dec. 31,1892. J u n eS O , 1893.Bonds and m ortgages......................Stock investments (market value).Amount loaned on eoHaterals.........Cash on hand ....................................Cash on deposit..................................Other assets.......................................

$56,000 2,705,677 1,517,339

100,236) 503,645 S

69,014

T ota l............................................................... $4,951,911L ia b ilities.

Capital stock paid in ......................................... $1,000,000Surplus fund........................................................ 200,000Undivided profits............................................... 86 ,lo3Dei osits in trusts.............................................. ............General d* posits, payable on dem and......... 3,628.766Other liabilities................................................... 36,982

$44,000 2,759,6b7 1.218,6221,037,080

71,233$5,130,602

$1,000,000 200,000 29,875 65,572

3,701,611 133,544

T ota l.............................................................. $4,951,911 $5,130,602

DISBURSEMENTS.

Notes payable (paid)..........................................................................$289,000I n t e r e s t ................................................................................................................. 1 ,546A d a iso u ra ilr o a d r e n ta l ................................................................................. 15 ,000D iv id e n d s ............................................................................................................... 169 ,531Interest............................................................................... - .............. 187,6i8S lo ck s and b o n d s p u r c h a s e d ....................................................................... 61 .663Equipment.......................................................................................... 4o,3o2E xpenses.................... 9.743Cash on hand in banks..................................................................... 102,146

Total.............................................................................................. $876,586St. Louis & Onicago.^-At Springfield, III., July 21, Judge

Allen, in the United Slates (Jiicuit Court, in the case of several irust companies against the St. Louis & Cnicago Railroad, made an older transfer!iDg this road back into the hands of the receiver, R. J. Cavett, by whom it was leased two years ago to the Jacksonville Southeastern.

Trust Companies in New York and Brooklyn.—In addition to the statements published in our issue of July 22, the following have been filed at Albauy. The last previous reports of the companies here given, iu comparison with the si m< inhs ending June 80, 1892, will be found in the Ch ro n ic l e of Feb. 18, 1893.

CONTINENTAL TRUST COMPANY.Resources.

Supplem entary. Am’t o f debts guar'd and liability thereon. Total amount o f interest and profits re

ceived last 6 months ........................ .......Amount of interest paid to and credited de

positors, same p e r io d ....................................Expenses of institution, same p eriod ..........Div. declared on capital stock same period. Am’ t o f deposits ou which int. is allow ed... Rate o f interest on same..................................

None.$123,200

41,605 35.4 '4 25,010

3,3 >3,277 1 *2 to 4

None.$174,365

46 735 36,189 25,000

3,445,85$

NEW YORK LIFE INSURANCE & TRUST COIMP ANY.Resources.

Dec. 31,1892. J u n e 30,1893.Bonds and m ortgages...............................— $2,086, 09Stock investments imarket value)............... 7,327,375Amount loaned on coUater als........................ 7,85 i,650Amount loaued on pe”soi.al securities.......... 5,49-,272Real estate (estimated value).......................... 485,000Cash on hand...................................................... 2,629,400 \

423.859 SCash on deposit . Other assets. 385.350

$2,895,909 6,369.045 7,901, S50 5,910,121

48 ,000 2,825,675

599,997Total............................................................... $26,688,215 $26,987,297

Bonds and mortgages.......................Stock investments (market value)...............Amount loaned on collaterals........................Amount loaned on personal securities.......Cash on hand....................................................Casb on deposit............... .................................Other assets.....................................................

Dec. 31,1892. J u n e 30, 1893.$138.50 i

705,101 1,491.487

18.363 1,-85 )

196.229 5 15,018

$6 <,500 2,293

1,6 .8. 98 03,2 7

268,872 2 ,016

L ia b ilities.Capital stock paid in ......................................... $1,000,000Surplus fund........................................................ 2,230.8 < 2Undivided profits................................................ 31,522Deposits in trust................................................. 21,907,421Other liabilities................................................... 1,518,340

$1,000,000 2,244,799

45,800 22,052,037

1,644,661Total............................................................... $26,688,215 $26,987,297

Supplem entary. A mount o f debts guar, and liability thereon Total amount of interest aud profits re

ceived last six months...................................Amount o f interest paid to aud credited

depositors, same period ...............................Expenses o f institution, same period..........Divs. declared on capital stock, same period Am’t o f deposits on which int’st is allowed. Rate o f interest on same..................................

None.$536,074

265.746 53,702

150.000 21,907,421

1 to 5

None.$656,863

370,452 43,848-

150,000 22,05 2,03i>

NEW YORK SECURITY & TRUST CO.R csoui ces.

Total............................................................... $2,566,583 $2,6*1.396L ia b ilities .

Capital stock paid in ............... ..............Surplus fund.............................................Undivided profits.....................................Deposit* in trust......................................General deposits, payable on demand. Other liabilities........................................

$500 000 250,OuO

53,700 349,542

1,36 ,393 45,898

$500.(00 250,000 1 0,387 5.0 ,6 43

1,274,895 9,471

T ota l............................................................. $2,566,583 $2,691,396

Bonds and mortgages.........................Stock investments (market value).................A m o u n t l o a n e d o n c o l l a t e r a l s .................................Amount loaned on personal securities.........» ash on hand ...................................................

asU on deposit..................................................Other assets.........................................................

Dec. 3 1,1892. J u n e 30,1893-$3 79,500

1,753,552 3,692,747

549,019 21.8,634 )

1,384,650 } 49,174

$290,5001,938.8262,722,009

402,0181,931,525

54,407Total. $8,027,276 $7,339,285

L ia bilities.Capital stock paid in .......................................... $1,000,000Surplus fund........................................................ 500,000Undivided profits............................................... 452,836Deposits in trust.............. 6,050,165Other liabilities.................................................. 24,275

$1,000,000500,000538,776

5/276,43024,079

T ota l. 1,027,276 $7,339,285

JCLY 29, 1893.J THE CHRONICLE. 1 8 1S E W Y O R K S E C U R IT Y & TRU ST CO.—( Concluded.)

Dee. 31, lS 9 2 ./«n ?3 0 ,1 S 9 3 .Supplementary.

A in ’t o f d e b t- [mur'd and liab ility th ereon .. N one. N one.T ota l am ount o f interest aud profits r e

ceived la »l 6 m ontlsa.......................................... $174,473 $173,521A m ou nt o f in terest credited depositors,

same p e r io d .......................................................... 63 ,018 59.221E xpenses o f the institution , same p er iod -. 23,572 25,433A m 't o f deposits on w hich iilt. is a llo w e d ... 5 ,447,829 4,744,832R ate o f interest on sam e.................................. - 1 hi t o 4 ..........

T H E STATE TR U ST COU P A N Y.R esources,

Bee. 31, 1892. June 3 9 ,1 8 9 3 .S tock Investm ent* (m arket v a lu e ) . ............. $1,677,818Am ount loane*t on c o t t a t e w ls . . . . . . . ............... 5 ,581,897' 4 ,989,273Keai 67ta?c . . . — ................... . . . . . . . . . . . . 96,663Cash on Rami, . . . . . . . . . . . . . . . . . . . ----- . . . . — $ 7,107 \ ,

O ther a s s e t s . . .___ . . . . . . . . . ....... ....... ..........— .. a 4 .812 54.064T o t a l . . ............... .................................................. $8 ,403 ,045 $8 ,272 ,053

Liabilities.C apital s tock paid in .......................................... $1,000 ,000 $1,000,0008 uriil us f unci . . . . . . ------ -- - -------. . . 500 ,000 500 ,000XJiiulviflet! p ro fit-............. . ....................... 314 ,692 305 ,«<n£>r posits io tru st............................................ .. 6 ,578,164 6 ,454,290O ther liab ilit ies . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15 ,189 _____ U ,962

T o t a l ....................................................................... $ 8 ,403 ,0*5 *4,1172358Supplementary.

Ain’ t o f debts m a t 'd and liability thereun-. N one. None,T ota l am ount o f in terest and profits re

ceived last 6 m onths........................... $204 ,114 $201,424A m ount o f interest paid to and credited de

positors, same p eriod ................ <49,203 9 ',9 8 4E xpenses o f the institution, same p eriod — 24,692 3 l .3 « 4I)iv. dec la red on capital stock , sam e period 3 0 .000 30,000A in 't o f dep ot Us on which hit. i* a llo w e d ... 0 ,307,607 5 ,§40 ,372Rate o f interest on sam e............................. .. 1% to 4 .............

UNION TRU ST COM PANY.Ittfrarces.

Dee. 3 1 ,1 89 2 . Tune 3 0 .1 89 3 .Bonds r a d m ortgage? ........ $130 ,000 3100.000Stock investm ent* • market va lu e )................... 1 ,459.700 2 ,007,900A m ount loaned on co lla teral* ........... .............. 28,788 ,884 25,7 U .I IORi al estate 'estiEnateil va lu e )............................ 1 ,000 000 1,900,000Cash on hand ........................................................ 3 .0 '3 .010 fCash on d ep osit ................................................... 2 .« 5 o ,8 « 2 { » ,s * i - ,o -JOther a ssets .................... ....................................... 241.785 317.412

T o t a l ............................... .................................... $38*173,877 $3«,0yt',o»Tlia b iiitte* .

Capital stock paid in .......................................... 31 ,000 ,000 $1,000,000Surplus fu n d ................ ............................................ 1,27 i,7 l 4.443.615G eneral deposit*, payable on dem and.......... 30 ,657 ,210 29, 54.713Other llabUittea ....................... 4 4 t .»9 S 850 ,723

T o t a l ........................................................................ $ 36 ,373 ,877 $ 3 « ,0 0 !i.6 s lSupplementary.

A m ount o f debt* guaranteed and liab ilitythereon ................................................................. None, None.

T ota l am ount o f interest and profit* receivedlast s is m o n t h * .................................................. $703 ,89$ $301 ,937

A m ou n t o f interest p till to and credited depositor*, s irne p e r io d ............. ......................... 302 .79 7 341 .813

E xpense* o f the m atitution. sanm p e r io d .. . 85,543 89 , 31D ividend* on cap ita l stork , sam e p o rte d .. , . 1 uiUHii) 120.050A m ou nt o f deposits on whieSt hit. to a llow ed 8 9 ,0 9 8 ,9 i 8 27,316 .33dR ato o f interest on same — ............................ 1 to 5 -----------U N ITE D STATUS M O RTG AG E COM PAN Y OP NEW YORK CITY-

Hetaurcet.June 30, 1 *93,

Bond* and m artg a ve* ........... .................................................. $981.27.4Stock In v e s tm e n ts ................................................. 153.737A m ount loaned «n co lla tor* !* .................................................... 2 ,131,66 <Real estate I r i lk M iK l va lu e)................................. ................... 6* .250Cash on hand and on d e p o o t ............................................ ........ 240 .i s -A m ount i m u t on psfedtuai s e cu r it ie s . .. .................. . . . . . . 877,290Other assets ..................................................................................... 17,081

T o t a l ............. ......................... ..................................... .. $3,951,273liabiliht*.

Capital stock . . . ............. ...................... ....................................... $2 ,000,000Surplus fund ................................. ............................................ MS .000U ndivided profits.............................................................................. 53,*>3sJDepo»in> In tru s t ........................................................ .................... i 0«.<i81General d ep osit* ......... ............... .... ....................... ..................... 1,195.188O ther liab ilit ies .......................................................... 5.847

T o t a l ............. ..................... $3,931,273Supplementary.

A m ount o f proflis during the *ix m onth*— ...................... $102,521Insolent cred ited dtjpOelfbr* d ories ' same p eriod ...... .... 4,309X x p e m r a o t Institution la m e period. — ............................ . Ss. isTA m ount o f deposit* on * htob interest Is a llo w e d ............. 1 ,330,9*2

Union Pari He —The collateral trust gold notes of tills company yet outstanding are $11,430,000.

Wisconsin Minnesota* Pacific—Chicago Rock Island Sc Pacific.—Suit toforecioa * the mortgage oo the Wisconsin Minnesota & Pacific has been bought by the Metropolitan Trust Comp aiy, the mortgage trustee. 'Phe Wisconsin Mm- wwi a & Pacific has long been operated under agreement by the Minneapolis & St Lout*, but its earning* are not included in the reports of the M & St. L., nor is that company in any way responsible fur iBe bonds secured by the mortgage now being furecloa-d. On the contrary the Wisconsin Minnesota & Pacific was built and is owned by the Rock Island, and all ita bond* are deposited in trust under the Rock Island’s extension and collateral trust deed of 181*4, Foreclosure or the W. M. & P. mortgage will therefore result in bringing the 2M5 miles of road owned by the W. 51. & P., directly under the Rook Island mortgage, jtws as the pr rperty of the Chicago Kansas & Nebraska two years ago was sold in foreclosure au*l became direct security for the Rick Island mortgage, Instead of indirect ai formerly, through the deposit of bond* m trust. Obviously this change is advantageous to the holders of the Rock Island extension and collateral 5s,

J&epovis and fiDUtm eais.

MEXICAN INTERNATIONAL R.R. COMPANYAPPLICATION TO NEW YORK STOCK EXCHANGE.

New York, June 28,1893.The Mexican International Railroad Company was organ

ized December 9, 1882, under special chart' r from the State of Connecticut. In lbS3 it acquired certain concessions granted bv the Government of Mexico, under date of June 7, 1881, Niivemner 4, 1SSS, and April 21, 1882, which authorized the construction and operation of a line of railroad arid telegraph between the city of Mexico and the Rio Grande, terminating at or near Ciudad Porfirio Diaz (formerly Piedras Negras). with the right to construct another line from a convenient p »int ou the main line to some point on the Golf of Mexico, between Matameras and Vera Cruz ; also another line to the Pacific Ocean at some point between JIazatlan and Zihuatanejo, and also such branches as the company may deetu desirable from each side of the lines above mentioned : said branches to be subject to the approval of the Department of Public Works, and not to exceed 100 miles each in length.

Said concessions stipulated that the road and its appurtenances shall be exempt from taxation for fifty years, and that materials required for the construction, operation and repair of the road shall be free from import or other duties. No subvention is granted, but the Government has obligated itself not to give a subvention to any other line of railroad within fif ty miles on each side of the lines embraced in these concea-ions.

The company owns the following miles of railroad :if ilea.

M i In line. Chiliad Porfirio Dt iZ to D urango........... ........................... 540-44Branches-—Sabin** to H ondo ....................................................... 12-43

Hnrtio* to9.it) I'ed io............. .................. ........ IPSAPt-ilu *cna to V eta rd en a .......................... .................. S>82

------- 32-60

T o t a ! ............................................................ .............................................. 5 7 3 0 4

All of which is standard gauge and laid with stael rails,At Ciudad Porfirio Diaz conne -iion is made with the rail

road system of the Southern Pacific Company and all points in lh<* United Stans. At Tievino connection is made with the Moot* r»-y & dexican Gulf Railroad, making the only standard gauge all rad route to Monterey, the leading smelting point in Mexico and a large industrial centre ; and through this connection is .- cured the most direct all-rail line to Tampico, at pres* nc the only advantageous harbor on the Gulf Coast of Mexico, At Monterey, also, connection is made with the Mexican National (narrow gauge) Railroad from Laredo to the Ci'v of Mexico.

At Torreon, connection is made with the Mexican Central Railway, running from El Paso to the City of Mexico, and with ita several branch lines.M ..ST H L T STATBM KST O F K 4R X IK 09 A M , RXI'K SSK S FO B TH E T E A K 1 8 9 2 .

(M exican cu rrency .)Operating Earning* oxer Earning*. Kxptnxrt Operating Exp.

January.............................. $130 .199 43 $77.405 16 $52 ,733 27February ......................... 116,236 35 80.937 36 35 ,*499 00M a rch ................................. 11-*.109 11 82.919 39 35,489 7 2A t.n l................................... 153,301 10 01,609 14 6 2 ,i lU 9 0M a y .......... ......................... 191,925 36 04,555 24 9 7,370 13J u n e .. . . . . . ____________ 15X.068 OB 1 0 3 .7 4 0 1 6 55,227 89J til v ...................................... 161,004 fit 112.822 33 64,272 48Suk-n.t ........................ 161,417 88 109,318 07 52.099 79

Septem ' c r . ...................... 1 94 .8 9 3 4 2 121,521 89 73.371 53O ctob er .................... 240 ,435 63 131.241 9 8 100 ,193 64N ovem ber........................ 23 4.9*5 6 0 136.373 54 9 8 .0 1 2 0 8D ecem ber........................... 213,260 44 186.<06 66 26,453 78

T o ta l.............................$2,095,720 14 $1,328 ,910 83 $766,815 25

The grew* receipts, exp anses and surplus over operating ex- pen*. * for the first four months of the current rear, being as far a* reported to date from the office in Mexico, are asf o l l o w s ; <7 roe* Operating Surpht* oxer

1893. Ke,eeipt*. Ex .en*ex, Operating Exp.J-.nm.rr....................... $212,8 71 90 $138.036 87 $78,235 03F ebruary.......................... 1*6.237 43 123.511 40 42,730 05Mar.-h.......................... 152.3-0 89 125.5S0OI 26,760 85A p ril................................... 1 8 1 ,2 2 5 0 6 143,48192 3 7 ,7 6 0 9 4

*712,702 10 $529,193 23 *183,518 87

Compared with the operations for the corresponding period of 139), the grew- receipts for 1893 exceed those f*>r 1892 by $195,169, but *u plus over operating expenses is $184 less than that for tne previous year, The amounts charged against Operating expenses for this period are $198,233 in excess of the charges under same head tor last year, This large increase of expenditure arose from our availing of the first month* of the year, wnea both traffic and climate are most suitable, for overhauling all equipment and structures, and repairing the road-bed. after the severe winter rains. Many items so charged might appropriately be entered as betterments and renewals uuder a leas rigorous sytem of ac- couming.

With the earnings of May and June in hand, the surplus for the first six months of the yeir’a operations will exceed $10 000 Mexican currency ; the last half of the year is always the period of greatest earnings, for every year since 1888 the surplus of earnings for the last half of the year has exceeded that for the first half by an average of 80 par cent.F o r o th e r (n<rf*tra$nt Item * *ee pair 1 70,

162 THE CHRONICLE. [VOL. LVlU

The company’s financial statement as of December 31, 1892, is shown on page 10 of our annual report. There has been received from the general office in Mexico a statement of assets and liabilities to March 31, 1893, similar to table No. 8 on page 12 of said report, and the same is herewith appended :GENERAL OFFICE IX MEXICO, AS ETS AND LIABILITIES MARCH 31 , 1 89 3 .

L ia b ilit ie s .Audited vouchers

a n d p a y -r o l ls .......... $ 2 7 2 ,9 6 9 62Agents’ drafts in

transit

Assets.Cash............................ $186,089 21Agents’ remittances

in transit............... 14,434 23A gen is A conductors 56,130 71Sundry ludividuals

aud companies___ 194,312 51Traffic balances....... 161,237 03Stock of supplies---- 370,413 07Exch’ge unadjusted. 9,105 44Unadjusted acc’ts... 36,134 18Interest <fc exchange 12,545 87

Hospital fund. .......Unadjusted acc’ts ... Balance, assets in ex

cess of liabilities..

43,123 69 9,185 63 1,395 25

714,223 09

T ota l.....................$ 1 ,0 4 0 ,9 0 2 3 3 T ota l ............................ $ 1 ,0 4 0 ,9 0 2 33

From January 1, 1893, to this date there has been remitted from the Mexico office to New York $396,310 34 in United States currency.

In the operation of the property the earnings per mile have increased each year since the road was opened, as indicated by the following table :

E a rn in g s p e r m ile. $ 2 ,3 0 5 64

2 ,8 3 0 7 7 2 ,9 2 4 02 4 ,5 1 8 67

T ea r—A v 'g e m iles

opera ted .E a rn in g s p e r m ile. r e a r —

A v 'g e m iles opera ted .

1 8 8 4 ........ 152*37 $ 5 6 0 4 2 1 8 * 9 ........ 395*421 8 6 5 ........ 170*00 90 5 3 9 1 8 9 0 ........ 3 9 6 6 41 8 8 6 ........ 1 7 0 -0 0 1 .0 9 8 11 1 89 1 . . . . 409*661 8 8 7 ........ 17 0 0 0 1 ,3 9 6 43 1 8 9 2 ........ 163*791 8 8 8 ........ 356*63 1 ,8 4 1 47

In each year since the operation of the road commenced (excepting only the first and fourth—i. e., 1884 and 1887) there has been a very substantial and steaddy increasing surplus of gross earnings over operating expenses. At the end of 1893 this surplus aggregated $1,431,036 36 Mexican currency.

It has been the policy of the company to accumulate this surplus in order that there should be a reserve fund sufficient to provide for the interest maturing on its bonds, irrespective of the current revenue of the property. This fund, as indicated on page 10 of the company’s annual report, and detailed in tables 1 and 3 therewith, aggregated on December 31.1893, $758,907 03 in United States currency, after making full provision for interest due to that date on coupons maturing March 1, 1893.

The company is amply supplied with rolling stock for its present business. The equipment consists of 41 locomotives, 28 cars for passenger service and 1,441 freight cars of every class, all of 25 and 30-ton capacity.

The authorized capital stock is $25,000,000; outstanding December 31, 1892, §16,975,000. Shares, $100.

Under the mortgage or deed of trust to the Metropolitan Trust Company of the city of New York, as trustee, dated Sept. 1, 1892, the company is authorized to issue its first mortgage bonds to an amount which in the aggregate shall not exceed $30,000 for each mile of road constructed or to be constructed or acquired.

These bonds are payable Sept. 1, 1942, and bear interest at the rate of 4 per cent per annum, payable semi-annually, March 1 and Sept. 1 in each year, both principal and interest payable in United States gold coin.

Of the amount of bonds so authorized there have been issued and disposed of $14,000,000, Nos 1 to 14,000, both inclusive.

Officers—C. P. HuntiDgton, President; Jas. Sreuart MacKie, Vice-President; F. H. Davis, Treasurer; Chas. Kuap, Sec’v.

Directors—C. P. Huntington, Chas. F. Crocker, Lynde Harrison, Jas. Steuarc MacKie, F. H. Davis, George Howes, Chas. Babbidge.

Application is hereby made for admission to the regular call of $14,000,000 Mexican International Railroad Company first mortgage four per cent 50-year gold bonds, Nos. 1 to14,000, both inclusive.

J a s . S t e u a r t M a c K i e , Vice-President.The committee recommended that the above described $14,-

000,000 first mortgage four per cent gold bonds of 1943. Nos. 1 to 14,000 inclusive, be admitted to the list.

Adopted July 21, 1893.

The semi-annual statement of the Union Discount Company of London will be found in our advertising columns The statement includes the balance-sheet of June 30 and the profit and loss account for the six months ending June 30 Tne gross profits for the half-year were $465,150. The balance earned forward after payment of dividend is $98,540. The Union Discount Co, have a standing card in the Ch ronicle in which they keep revised by cable the rates they allow for money at caJi and at three to seven days notice,c ~ L he New York Committee of the O. & M. and B. Sr O. b. W. shareholders announce that the Farmers’ Loan & Irust Company of New York will continue until further notice to receive deposits, under the plan of consolidation, of bonds and stock of the two above railway companies on the terms heretofore advertised.

-W e are in receipt of P oor ’s M anual o f Railroads for 1893, a large volume ot more than 1,200 pages, replete with the usual statistics in regai d to railroads.

• Messrs Winslow-, Lanier & Co. will pay interest on a number of securities adveriistd it* another column.

T h e C o m m e r c i a l T i m e s .

C O M M E R C I A L E P I T O M E .F r i d a y N ig h t , J u ly 2 8 ,1 8 9 3 .

Uncertainty regarding financial conditions remains a potent influence, restricting general business operations in the line of domestic trade. Buyers endeavor to avoid obligations beyond most imperative necessity, and sellers abstain from seeking negotiations where credits are expected. The ruling low prices, however, on nearly all agricultural products are attracting considerable foreign attention, and there is a good export business for w heat, flour and all fodder specialties. The European demand for dairy products is also satisfactory, but continues indifferent toward cured meats. Crop advices from the grain-producing sections have been somewhat irregular during the current week, but the latest from apparent reliable sources indicate the progress of threshing as giving a return in winter wheat about up to previous calculations on quantity and quality; spring wheat conditions too uncertain for opinion at the moment; the harvesting of oats so far as progressed running somewhat behind last year in quantity, with continued complaint of rust; and corn in generally good condition, although some localities are still in need of rain.

Lard on the spot has been in light request and prices have declined, closing easy at 8%c.®8%c. for prime City. 9’70c. for prime Western, and 10 '10c. for refined for the Continent. The speculation in lard for future delivery at this market has been dull and values have declined in response to weaker advices from the West, where ‘Tongs” have been liquidating, due to the unfavorable condition of affairs in financial circles, closing easy.

D A IL Y CLOSING PRICES OF LA RD F U TU RE S.S a t . M o n . T a e s . W e d . T h u r s . F r i

J u ly d e l iv e r y ....................e . a -9 0 1 0 -1 0 l o - o u 9 -9 0 9 -7 0 9 -6 5S ep tem b er d e l iv e r y e. 1 0 '0 5 1 0 -J o 1 0 -2 0 1 0 -0 5 9 9 5 9 -9 0

Pork has continued in light request, but prices are unchanged and steady at $18@$18 75 for mess, §19@$19 50 for family and $18 50@$20 50 for short clear. Cut meats have been quiet and values have eased off a trifle, closing at ll%®12c. for pickled bellies, 11%@12%c. for pickled hams and 7®7%c. for pickled shoulders. Beef Is dull at $7'50® $8 for extra mess, S9 8$10 for packet. $10.<$$12 for family aud $15@$17 for extra India mess. Beef liams are easier at $18. Stearine is firm but quiet at 13c. in hhds. and tcs. Oleo stearine is firm at 9c. Tallow has declined, closing easy at 4%c. Butter is quiet and easier at 16%a>20c. for creamery. Cheese is fairly active and steady at 7%®9c. for State factory, full cream. Fresh eggs are in moderate demand and steady at 14@15c. for Western.

Coffee secured ODly indifferent attention, and although offered with some care the supply could not be sold except at modified cost. Rio quoted at 16%$16%c. for No. 7, good Cucuta 20%c. and interior Padang 23@23%c. Contracts for future delivery were gradually sold out on the maturing months at declining price-i, with occasional checks to weakness as operators on the short side sought profits. Tne close to-day is dull with tone easy. The following are the final asking prices.J u l y . . . ...............1 5 -6 o c . I O c t .............................15 -5 0 o . I Jan......................1 5 '1 5 o .A u g ..................... 15 6 0 o . N o v . . . . ............. . ..1 5 :4 0 ,3 . F o b ....................... 1 5 0 5 c .Sept___________ 1 5 -6 0 c . I D e o .......................I5*30o. I Mcli................I 5 * 0 5 c .

Raw sugars have been pressed for sale under necessity for prompt realizing in some instances, and lower prices ensued, closing slightly unsettled; centrifugal quoted at 3%c. for 96 degrees test and Muscovado at 3%c. for 89 degrees test. Refined sugars have declined without attracting increased demand; granulated quoted at 5 3-16c. All other staple groceries very dull.

Kentucky tobacco has continued in moderate request and firm; sales have been about 400hhds., mainly lugs to jobbers. Seed leaf tobacco has been in extremely slow demand, but values hold about steady; sales for the- week were 500 cases, as foil ,ws: 100 cases 1891 crop, Pennsylvania Havana, 12%@ 25c.; 50 cases 1891 crop, Pennsylvania seed leaf, private terms; 150 cases 1891 crop. Zimmer’s Spanish, ll®12c.; 50 cases 1890 crop, Wisconsin Havana, 14%c.; 50 cases 1891 crop, New- England, Havana, 25®60c., and 100 cases 1891 crop, State Havana, 13@20c.; also 700 bales Havana, 72c.@|l 10, and 250 bales Sumatra, $2 85® $4 25.

There has been little interest shown in the market for Straits tin and values have eased off a trifle, but the close was steady at 18-90® 19c. Sales for the week were about 150 tons. Ingot copper has continued in light request and values have further declined, closing quiet at, 10c. for Lake. Lead is dull and lower, closing at 3-35c. for domestic. Pig irou is without change at $12 75® $15 50.

Refined petroleum is quiet and unchanged at 5T5c. in bbls.,2 65c. in bulk and 5-85c. in cases ; crude in bbls. is unchanged, Washington closing quiet at 4'85c. in bbls. and 2'35c. in bulk ; naphtha 5%c. Crude certificates have been quiet,, but the close was steady at 57%c. asked. Spirits turpentine has been in slow demand and prices have further declined, closing at 26J4'@27%c. Rosins are further depressed, and the close was easy at 95c.@$l 02% for common and good strained. Wool is moderately active and steady. Hops are firm on unfavorable crop advices from abroad.

July 29, 1893.] THE CHRONICLE. 183C O T T O N .

F r i d a y N i g h t , July 28, 1893, T b s M o v e m e n t o p t h e C h o p , as indicated b y o u r telegrams

f r o m the South to-night is given below. For the week ending thia evening the total receipts have reached 10,303 bales, against 11,091 bales last week and 13,763 bales t he previous week, making the total receipts since the 1st o f Sept., 1892, 5,050.151 bales, against 7,096,127 bales for the same oeriod o 13<il-3, showing a decrease since Sep. 1,1892, of 2,045,673 bales.

Receipts a t- Mat, j Mon. | Tues. Wed. Thun. Fri. TotalG a lv e s to n .. .—. 3 76; 47 ..........j 3s 161

E l Faso, A c .. . . . . . . i . . . . . . 63 63N ew O rlea n s ... 610 593 90 1,818; 303 127 4.111M o b ile ................ 3s; 106; 72 221F lo r id a . . . . .___ .......... .........S a v a n n a h ......... 132 61 213 ..........! 551 311 1,274

R run sW k.A c. . . . . . . j . . . . . . i . . . . . . . . . . . .Charles t o n ........ 28, I3j 2' 2 . . . . . . 15

F t. R oyal, Ae. . . . . . . i . . . . . . 1 . . . . . . . . . . . .W ilm ington — 11 ......... 25 . . . . . . . . . . . . 26

W ash-ton. Ae. . . . ...J: . . . . . . . . . . . . . . . . . . . . . . . .N o r fo lk .............. 136' 115 261 5, " 393 920

W eat P o in t .. . **„*** 1 11 - ........| ..........! 25 06N 'port Air. 1 . . . . . J ......... 1 . . . . . . 191 181

N ew Y o r k . . . . . . 1 S3 118 60142 26! a t 213

B a lt im o re ......... .......... 379 378P hlladelph 'a Ae 200 160 2.V 1.381 109 1,679

T o l ls this week 1.379 L .U 2 775 3,061 1,901 1,951 10.205

The following shows the week's total receipts, the total since Sept, t, 1892, and the stock to-night, compared with last rear,

Seeeipt* to Jut# 28. TAG

Week.Since Sep 1 ,1 9 9 2 .

This Since Hep. Week l , 1891. 1893 1892.

G alveston .. 101 1.039,229 511 1.111.22! 20,5901 16.945K IF a a o .A o 63* 56 ,55® 69, 13,539 •****#

N ew Orleans 1,111 1,533,176 1.890 2 .480,173 01,3*1 81,492M ob ile ........... 221, 169.180; 50 261,780 1.019; 7,861F lo r id a ......... 23,159 ..........• 24.770S ava n n a h .. - 1,271 790.972 552 1.018,827 13,352 4.716

B r'w lck .A c . . . . . . . 140.26 ’. 102 170,517 ..........!C h a r le .to n . 15 297,09*: 218 402,135 11.519, 15,301

F. R oyal.,to 127! 61 1.679W llm tnston., 26 159.807 16 101,132 1.133 1,703

W M b’ n, A c ......... 755 2.313 . . . . . .N orfolk , 920{ 285,511 103 519,671 10,463 1.573

Weat Point 08 19 4.535 106 335,309 I 527s y i N-.&e 191 22,122 38 17,703 . . . . . .

N ew Y o r k .. . 601 19,112 300 68,783 110,239 240.530B o s to n ......... 213; 119.770 1,2 >1 147.100 3,100 1.200B altim ore. 37s: 07,076; 299 98,090 9.063 12,009F blladei.,A e. 1,879: 08,371 10 09,828 9.020 9.923

T o ta l* ........ 10.205 5,050,751' 5.979 7 .038,427 290.823: 1*5.816In order that comparison may lie made with other y e s u s w*

give below the total* at leading porta for *1* seasons.Receipt* ml— 1893, j 189*3. 1891. } 1890 . 1809. 1988Oalvea’ n.Ao 227 62 2 299 165 SO 111N ew Orteaa* 1 ,1 1 ! 1.491 2,284. 69 S 271 1 ,7 1 1M o b ile . . . . . . 2%% 1 IML 153 *fMSavannah 1,271 552 1,403 24 253 170Chari ton.Ae. «* ! Mm 2d4|: 37 12 3 75WIlm’ toa.A e 24 10 i t ) 8 3 224N o r fo lk , . . . . 9 Z « 103 7 .42; 2.51 * 302W. Pnlnt.A f. 250( 111 179 833' 25 SISA U o tb e r* .. . 3,101 2.011 1.537| 503 1 4 4 2,404Tot. till* wk 10.205 5,979 7,330! 2.596 M I 6,381Since Sept. X 5050.751 7096 ,127 610 ).* Hi 5793 133 5504.021 5197.516

The exports for the week ending this evening reach a total of 33,305 bales, of which 25,238 ware to Groat Britain, 3,307 lo France and 4,973 to the rest of the Continent, Below arc the exports for the week and since September 1. 1892.

Wmh gmMmy, July m, Mmpmtm **—

from 8*pi, l« IM L 4« </»/$?Bsvmt*4 ta - m. tms6hr#*f CVmiw Tam e-M t Cento iBrU'm. frmu* n*m.. iv „ * Britain, frame* mmL I tat*.

fteirmtfm.. *,* 45tv*>1 133,7 is 172,712! imsmr&mm, . so to m m JtUtefl 6 U UNew Orteao* . M W I 33118* U M ,I «umki * fm . . . . . . 4 3,804 4d0|Bmmgmh. . . . . 3*989 8i,7Il 84.737 177,7#;! set.iisBrawn win*... mim Mi«S®OmtimiGn ..... ****** .....a mm\ 7.voo U W s ! ni.vthW iteitmum. Hjm **.*-*» S7.SU9J v®,*mIfoHulk...... m ,m mimi 1W.4SIW tii fr ite i.,. 7,79ijl»V t New*, Ac WMtNear T w i . .. turn m tmt u jm mjm? 31.S7S m .im

lt?9n 4V,»„ him tUMl ...,** AMI 82*242BnSttemm** .... ***»*-,. iiO rtiO mM* 13,747

m» 18.970 ..1***1!. *iS| 19 tnTot**., as *»■ ** U «.5 ie ;t> M ,«n -

in mm n.im m.m4 l .v ts jia lsa *S i»

In addition to above exports, our telegrams to-night also give us the following amounts of cotton on shipboard, not cleared, at the porta named. We add similar figures for New York, which are prepared for our special use by Messrs, Lambert Sc Barrows, 24 Beaver Street.

July 28 o f—On Shipboard, not cleared—for

LeavingStock*Great

Britain. France. OtherForeign

Coast-wise. Total.

New O rlea n s ... 5 .211None.N one.N one.None.5 .0001.1001.800

863N one.N one.None.N one.N one.

300N one.

160N one.N one.N one.None.N one.3 .0002,200

115772400100

N one,500

N one.N one.

6 ,3197 ?2400100

None.5 ,4009,7007.000

55,03519,82612.9.4211.119

4.6184,963

130.53918,622

SkvannaU. . . . . .C h a r le s to n .,.. . M ob ile .........N o r fo lk .............N r * Vnrk.........O ther p o r t -___

T otal 1 8 9 3 .. . 19,111 1,163 7,360 1.887 29.821 261 ,001

Total 1 8 9 2 .. . T otal 1 8 3 1 ...

18.017 11,224

1,429200

11,0014.602

1,203 1,3 18

31,68317,343

414,133212 ,506

Tilt- speculative deal in cotton for future delivery at this market has continued of moderate proportions and free from excitement. The line of trading was confined principally to the liquidation of early maturing engagements or transferring them into inter options, the strained monetary conditions serving to restrict ne w operations. Addition has been made to the number of Eastern mills proposing to curtail production. and the majority of domestic spinners are buying cotton only to balance booked contracts for go ids. Crop reports received here have proven conflicting, but on the whole created a less favorable impression than during the preceding week. Commencing on Saturday and extending through t he next three business days affairs were in a very mono’onouse mdition, alternating reports of rain and drouth finding circulation in such form as to keep about a balance of influences and prevent any important fluctuation of value, though on the average the tone was easy in c mse-pience of tameness in the foreign market. Yesterday, however, there was a mild sensation and sharp upward t urn on price iu consequence of alarm among “ short” sellers. They were surprised and disappointed over an un- expeeted small issue of notices of delivery on August contracts, and with an impression that the supply was better controlled than supposed harried covering of endangered contracts took place. To-day the market was quieter, with some irregularity, but offerings moderate for all months, and rising rates steady at about the figures of Thursday evening. Cotton on the spot has found moth-rate tale at slightly irregular rates but closes at 1-16c. under last Friday’s figures. M id d lin g u p la n d s , 8 1 -lO c.

The total sates for forward delivery for the week are 481,700 bales. For immediate delivery the total sales foot up this week 2,947 bales, including 217 for export, 1,330for consumption,-----for speculation and 1,200 on contract. The following arethe official quotations for each day of the past week— July 22 to July 28,

UPLANDS. s a t . n o n T u e » W o d T h . F r i .

Ordinary ....................................... 5%

?;■

8 s,§7**

#«*!•S i ; .7 ‘ t

| i i*

!?>*

s:;;*

7 a 8 i .« 8% 8*,« 8 > i „05|a

5 “»

6*4

f t l

f t "f t

3 A tf» %Jft4

71-14

b

h

5 U „

f i l l7 \7-8l i l *8%S0J4

isUS14

G ood Ordinary ........................ .s tr ic t (lend O o l ln a r y .................Law MpbUlMC ...............................

MtddUnc ............................. ...........q «xm1 M id d lin g . . . . . . . . . . . . . . .8 ir td Garni M id d lin g .................M id d iln sF a ir . . . . ....................Pair .................................................. UV

G U L F . S a t . .TIoii T u r « W e d Th* F r l .

O r d in a r y ,. . . ...................................Strict O r d in a r y ............................

S

Pf t "7-e

8 4

g ’ 18S'llO

M S ,, 5* . 0»1« ; « ' t

7H ! 7 7 ,, 7*8 7 l* tt 81.0 I 0 i t«8*iS !8% ' 8 ‘ „ 8 !9 „ ; hh 9»,fl97 ,« ; 0%

5 t8ID«7 >4 7 ',4m 918r^8f l i 8«>*9>«

f t rft*7-48>8

g ?9 V „

Strict (fo o d o r d in a r y .............Low M ld d tln v ................................s tr ic t Law MMilllmc. ................Middling .........................................G ood M iddlin g............................ .Strict G ood M id d lin g .................MlfttiUtut K # lr ,......................... .fa ir .....................................................

STAIN E D . S a t . n o n T o n W e d T h . F r l .

G ood O rd in a ry ..............................S trict Goo«I O rd in a ry .................Low M lddlloe,...............................M ld d lin v ...................................... .

5Mr.r,

711 „

5 ^f t "

5 3l«01*140111ftT!5

5 4» 5 \m74,4

5%5\7 *.4

6 U ,a7H

MARKET AND BALES,The total sales of cotton on the spot and for future delivery

each day during the week are indicated in the following statement. For the convenience of the reader we also add a column which shows at a glance how the market closed on »me days.

8A.LES OF RTOT AND CONTRACT, Sales 0/ Futures.SITf 1 MAKJkh i

ChOB&D. Msport. JSSS. \ 3 & \ S x s .

B at'ilay. M onday Tutwday W cd’d a y T h iF d ’ y F riday..

T otal.

Dull and ea sy ...

Steady i t >14 d c .Q u ie t ..................Steady a t >,« ad. 217

81® . . . . 1 ,0 . . . . 84 7! . . . . 147 . . . . 106 . . . .

. . . J 510 100! 280

527 800 047 300 083

52,800,85,700110.500

10 1,20 067.500 61,000

217 1,530 ___ 1 ,700 2,947 161,700

184 THE CHRONICLE, [VOL. LVII,

The Sales and Prices of Futures are shown by the following comprehensive table:

I * ®5 SE

© Vf *3 fr ** © ®® «9tO PTK

P !<£> i 'o

C T l Ct 2.

*- © ©*< ►: as- -C m a S -

-fc0 3®©c® ® ® 2 *— * ® ® J3 o> - OBS ®5 QTJCCO

► -*1 p 3“ fin» O® P- OB® ©S'Z7 <-*• C 3B CW*.

-II

• p-r* »*;: sc •, 0c*.

SC*;P 57**3 I £

p:

®*msc £1* • cw; Si; P; i. 0*t '

2.S ET® P 5PSp® 2OB M

i! ''•

fJ S t fgit -s up. ® r « o f5 -r«.M3> CB®s ©C^

t - d - BS °'£« =3 «*r •?® K © >» ©©fjfr°*CO

o -1 03»■£»» S'P S(Op fr t). pf< gcco^© o*Cbl*

5S <3©• go or*mp

ft™ >r.gs frCBfS2.9„K 3© 02P17 coo*CTT°

K

S?5■-)-■-<8S g k“ £S5S

sk i~2ESs,gaOa'* as- » P « s-g-~

-J-9 5£ 3 si » :03

<1-1 ®CB cb ”*i o r : 00

•ICD *0 **1 ©: :*3000 <100-1

<-l ij © a> g M Mi d : fr< < j c <i'GO CiJ & CO-1-3 >< <i<3 >< —3—1 <5 -3<J <1GO CO ® co-i ® -j -1 <J-1 ® co-q0>H H OOH** ©CBtO ©©to”’ ©0C’»~JHt a.P ‘ i i » CB: i <&r: I :<30 0 —1 OOOO | OOO <3 000 o000-3' bO,CO CO 00 CO

-3-3 §■coco ® frfr m”*[ « r :COOOOOcoo°ooif* M CO

M»utoH*S

—3<3 K- ©05 © o

©GO ®T s ? :CB-1>0© j © © CD to—1 CO

Of<• "3 ^©CD ® If* O' i-1”*I ©• -1C—1 © CD '3

~?~3 ^COCO ® CB CB H i ar3:CB, -3 0-3' © ° CD >-* ©

■d-d ©© ®i 8 °:©<1 —3 © —3©©°© © to ©

fr<3-3 !q

I »£ :-d-dg-dfc © © ©to ©

-d-d 5 cc© ®fr >fx *-i\ s®iM—3© © <1cc©°65?*M ©

1§>cc«?

M W-3 & CCM ^ ■d-d ^ >-3 —3 <1-3 > frCD© ^O- M c © ® c© ® CD© ® ©© ® > GO ® cCO ft-O COCCf*** CJiO"-''’ ©©to”< ©© i-> mm «© °r w i ef°: i e f : i v™: i i s.®: i 9.®: ©M Sci »-* © © © to© M© oca ©oo CCCCC-i -3 CO ©-3 ©©©© ©©O© ©©C©© © c i ° o C 6 °© CC©°© 6 o °6 co°<6 ©M C ©O' CO CD ©CO © C to © ©to D O' tO -3£frcccc ^ >good ^ OC CD % CC'© 5 ©© >

< fr00© % fr© ©o ® i MM ® ©GO Co© ^ o> a ^ CB CB M ”* ©© ^ fr M* ”*P . >-* r s “ : 1 ©X; 1 sP: i 6?: ! ep 1 &p:CO CC -3 © © to ©cocoooo , OCCCD CD CD ©CO ©©o© ©©©© ©©©©

*“ *- c i M^© C *-lC© 5• l—* GO © yA © ©to © C to © H* r-* © l?XM ©M GCG? < OOOO 1J >CD 00 % free© 5 fr©© 5 frGO© ^ hH-* tc to ® tO M ® HH ® ®CO rrp « o *» i*x O' ^ CB©)-*”’ ©©(-’■* ■ii i si0: . & 5 ' i op: i sF: i ©p: §CO p* CD ©© C CD 00 ©GO , CD ©CO © CD © CD ©©O© , ©O© ©a o© ato to°to 1 toCf* HtO°H to to'-’to 1 KJ°I©to © ©to © >— CO UXm CD

GOOD CD GO >00CO frCO© % fr©© £ frooco ^CCtD ® COtO ® to to ®cc2 waH1’ CC CB *Tl CB CB ** ©©l-A'T* ©CBM”’i o r : 1 8.®: 1 s.®! i i »p : i sp: sto <1 © S3o * CC © CO 1 CKOCO j ©©© ©©©© ncbco°co ' • CO ° to ! C0°C0if* <3 W CO <1 oo M © CO © -3 to© Ococo £>0000 5 coco ^ fr©© fr fr©©>Jx ilx ® rfxco © coco ®

© r£co coto *•coco 5 coco ^ ©© % fr©© ^ frco©O' CB ® O'lfe ® Ifr. >u. ©CO Mr* © ** H* CO ^ (-*© CB CB *■* ii » »: i s r : I s r : i s .h; ) B“ i>ix o, COC OS 00 OC ©GO ©©O© ©©c © >* CB5' CB ,fL l! C Ifr -tO© CB -1-3 a © Oi ©03 . CO> S> fr fr fri 1 ^ ! | < 1 1 < 1 1 rt »-i fr1 8: :1 1; |

i s: :III*.]

1 8: :1 1: |

1 8: :

' ' ' 1

I ; i i i

1 8; :1 ! I 1

*e

> ► > fr fr fr1 i 1 i I 2 l i 2 l 1 g 1 1 2 l 1 2•*-* frt d: : 1 8 ;: 1 8: : 1 8: : I 8; : I : ©

‘ ■ 1 l: | n i | 1 I! | 111 1 i: 1 li j<«

> , £■ P” fr > fr1 1 t i l 2 1 1 2 l 1 2 l l 2 l i 2►1 -i; 1 d: : 1 8: : 1 8: : l 8: : l a: l 8: ; s;i 1 i i j 1 i: | 1 1 i | n ! j i 1: i 1! |

©

. ^ft°iu? 088? l68/ i11- ^apteuomer, L892, for Septem ber, 1 ,700: Septem -w " ? ™ ?!or ’ fa r O ctober, 420.500; Septem ber-N ovem ber, fo r Novem - ber, 8 ?9.90i ; Septem ber-Decem ber, for December. 1 ,931,50>>; Sentem-

« i 7 * ’ toc January, 8 ,754,lo u ; Septem ber-February. for Fetm i ary, 8.014,0.>. ; SBtitembor-.vIa.rch, for March. 9,718,4 > ; Septe.nber- A pril, for A "i'il, L 4 l.l,4 b u ; 8epteuibor-M ay, fo r M ay 6 670 2 ,1 1-September-June,for,Pine, 4,189,8ao, y 7

IS ” For exchanges see page 186.Thb VisiBLEtjUReLV of cotton co-night, asmads up by cable

and telegraph is aa follows. The Continental stocks, as well at those for Great Britain and the afloat are this week’s returns, and consequently all the European figures are brought down to Thursday evening But to make the totals the complet, figures for to-night <July 23), we ad i the item of exports from the United States, including in it the exports of Friday only,

1S93. 1892. 1891 . 1890 .Stoofe at L iv e rp o o l_____ ba les . 1 ,293.000 1 ,473.000 1,024.000 745 ,000Stook at L o n d o n .......................... 7 ,000 11.000 16,000 14,000

Total G reat B rita in s to ck . 1 ,300,000 1 ,489,000 1 ,040,000 759 ,000Stoos at H am burg....................... 14.000 6 .100 4 ,700 4 ,000Stoon a tB re in en ............. —........ 129,000 118 .000 99,000 43,000Stock at A m sterdam .................. 16,000 25,000 22,000 6 ,000Stock at R otterdam ................... 300 200 300 200Stook at A n tw erp ........................ 10 .000 7 ,000 9 ,000 6,000Stooh at H a v re ............................. 379,000 413 .000 222 ,000 143,000Brook at M arseilles..................... 8 .000 11,000 10,000 4 ,000Stook at B arce lon a _________ 101,000 81.000 93,000 58,000Stock at G en oa ............................. 22 ,000 17,000 10,000 4 ,000Stook at T r ie s te ........................... 31 .000 4 9 ,000 4 3 ,000 4 ,000

T otal E uropean s to ck s ------2 ,010,300 2 ,21«,200 1 ,553,000 1 ,031,200tu d la ootton a floa tfor E u rop e . 56 ,000 53,000 5 8 ,000 115,000A naer.oott 'n a floa tforE u rop e . 8<’,000 52,000 3 9 ,000 16,000Esypt, Brazil, A c. ,aflt fo r E ’r ’pe 25,000 15,000 12,000 8 ,000Stook In United States p o r t s . . 290,825 -115,816 229 ,854 71,409Stock in U. S. in terior to w n s .. 97.788 155,507 66,676 7,930Halted States ex p o r ts to -d a y . 6 ,297 4 ,033 176 4 ,972

Total v is ib le s u p p ly ........... 2 ,566,210 2 ,941,556 1,958,708 1 ,256,511Of theabove.tbe t o t s ls o f A m erican and other d e scn p tio n e a re a s fo llo w s:

American—Li erpool s to c k .,, . , ........b a le s . 1 ,046,000 1 ,255,000Continentatstookfl..................... 573 ,000 525 ,000American a float fo r E u r o p e .. . 80 ,000 52,000United States stook .................... 290,8 25 445,816United S ta tes in terlors took s .. 97,788 155,507U ultedStates e x p o r ts to -d a y . 0 ,297 4,033

797.000335 .000

3 9 ,000229 ,854

66,676176

394 .000169.000

18,000 71,409

7 ,9304,972

2 ,098,910 2 ,437,356 1,467,706 665,311247 ,000 223,000 227 ,000 351 ,000

7,000 11,0 00 16.000 14,000132.300 20 2,200 178,000 103 ,200

5t>,000 53,000 58,000 115,00025,000 15,000 12,00 0 8,000

Mast Indian, Brasil, dc.—Liverpool s tock .................. 247 ,000Loudon s took ............................... 7 ,000Oontinental s t o c k s ..................... 132,300India afloat fo r E u r o p e ...Egypt, B ra zil, A c. .a floa t.

T otal E ast In d ia , & 0 ........... 467 ,300 504.200 491 ,000 591,200Total A m erican .....................2,< 98,910 2,437,358 1 .467,706 665,311

Total v is ib le su p p ly ............ 2 ,566,210 2,941.556 1 ,958 ,7061 ,256 ,511Price M id. U p l.,L iv e rp o o l----- 4 icd . 4 i , fid . 4 i1Rd. 6U i6a.PTiceM id. U p l., N ew Y o rk ___ 8 i16o. 7 *20. 80. 1214c.

HT The imports into Continental ports the past week have been'28,000 bales.

The above figures indicate a decrease in the cotton in sight to night of 375.346 bales as compared with the same date of 1892, an increase of 607,504 bales as compared with the corresponding date of 1891 and an in crease of 1,309,699 bales as compared with 1890,

A t t h e I n t e r io r T o w n s the movement—that is the receipts for the week, and since September 1, the shipments for the week and the stocks to-night, and the same items for the corresponding period of 1891-83—is set out in detail in the following statement.

u hr* Qi M M “f w ! i t f U l i ? i l l l & s I t

' CO ; HifkM Hm h <E co to cb ; O' a h- m i-1 a coOHjk. to I- . OtO<JCOrf CCOHh O' ; CO l—* to fO $»■>-* CTI CO- OcnOJCOCBOCp

Ho

)~L to It*- M l-» 1-t, COCOtOtOCO® *fc-CO tOtOJ-'COt'-'ChC'tOtO'-'OtClWCOCOtOCBOCBCBC;' P £■* PP PP Pf'PP P PPP P P p ~ tccoooc*.I 0 “ Oi' O "b O V/tO Oi'c O CC 450CcV CB C CC <3 tO Oc ©1c, cc to<0 cc <3 0 1» ip* o> - co jt © i-* © c to cc <y. co <y- -1 © o © -J — c a* co is* o-jCBa«o©o<iifkC;«D»-c.'evf-©toc;GCCi-ccoowcot-cnc©©<j

01 : to to O'r-* fix ^ to O* <1 *—* tO CO I-* • ! © >—' tc M iix ©© I t-coc. ©toco co cn to k)c m © ; i—<; cc co m c ^ ©© o C» O COCJIM © >F- © >&. It- CC © *r» c;i — M © O CJII- • CO • O' O' -vt CB c co

CO CC -x M CC © CO ©OT © © —1 >- O' CB © CC © -1 •© © <1 O O' CO — CC 7B; <1 Ifc-flx©CBCD- GCOOC. O'w’ ©HCBO-f* r-*ClC0©< CBCOO©CO;<l<J-L,fft.OCOto to <3 -7 A- a £-’toIo f-r“©CJ't08-

o ®

cs <5 S . ?5*S-§

of-*CD CB tO COM ltx<1^ © © © cc co co; toooo^-itoaccB. ft*

to—1 *— M —I K * 1-4CB**CO)JXjf».©CB<Ii-‘ CObOi-‘ ©tO>-‘OOCOCOCOCO-3CCO<ltfi-©©CB©-JGO I M© to CO CD rfx to pppp**pp- PPPPPP1 P^T'PPPP PPPP

© co *■£• *-1 © m © © © co a © cb © co co Lj cc © © ©£* co'ccod CB © © co © to <1CD CB to® © GO © © r- ©CO-l © f-*© CO CO CB © h- J © C O' 8- ©©-1-— 0'CC0OC0 0'©03©H*©<lC©l-‘ ©tC©fP-COQC©a©<lf-‘ ©CB

■ <1 v~* Kd CB —I « 'COCO* to M to! to -1 © 1 itx OO ({XQOCBCOl CBto; © © ; coo. ©tdie-COdx • OtOQOOCQMlfx COOO© r*O' OO" —1 H tO© »—* —1 —>©

m co ; HNWMM; MCB MM tO ts> fr 05 I-* H M.fr 1 toH pi to to fr W .© S, ^

S*

©©to

166821115

b* Ifc* -3 7B tfx • © CB O fr CB © t© - -J ©

©. CO CB to M to to to fr fr *© <t w © iix o co fr © iix c a ;CB © W fr 03 ©CB - |(X Hi, o © ■m © 03© bo W © fr © o © m © a O If' © M to If* © CB to

to >.p ^

§ s

MS

5 » |8-S-S

- Louisvtile tleures ‘ ‘ n e t ” in both years.' Tbt« w a r 's figures estim ated.1 A ctual count.The above totals show that the interior stocks have decreased

during the week 13.481 bales and are to-night 57.719 bales less than at the sarn-- period last. year. The re eipts at all the towns have been 1,613 bales less than the same week last year and since Sepc. 1 they are 1,193 933 bales let than for the iame time in 1891-92.

JULY 29, 1S93.J THE CHRONICLE. ] 85Q u o t a t i o n s v o « m i d d l i n g c o t t o n a t O t h e r M a r k e t

Beiow we give closing quotations of middling cotton at South ern and other principal cotton markets for each lav o t> e week

Wees endingJuly 29.

O ajveiton ... New OrleansMobile..........Savannah... Charleston.. Wilmington.Norfolk........Boston.........Baltimore... PhiladelphiaAagnsta___M e m p h is ... St. L o o ts ... .H o u s t o n ____Cincinnati.. Louisville...

.)nosia«» auoixnosB run suiuniNo borrow ow-Saiur. if on Tut*. Wtdnes. Thun. Frt.

7h 74 74 74 7 4 7 475* 74 7*s 738 7 4 7 47»,s 7»,h 7»„ 7*,„ 7 4 7 47% 74 74 74 7 4 7 47* 7\ 73. 7\ 7 4 7 47>* 74 74 74 7 4 7 47H 7H 7\ 7* 7 4 7 48-3 84 9'is 8*j* 8 88% 6% 94 S4 84 848b* 8** 94 87 IS 84 8474*Ui8 74 *n 7'4, 7 li„ 7> 1*67U,« 711,6 711*, 711,6 711*, ?3g7\ 74 73* 7 4 74 747 A, 74 74 74 74 7484 84 84 84 84 348 3 8 8 8 8

The closing quotations to-day (Friday) at other important Southern markets were as follows:A tla n ta ........Oolnmboa, Ga. Colombo*. Miss Bsfanla........

7 " , | L i t t l e R o o k . . . .7 % I M on tgom ery. . 7*s N a sh v ille . . . . . .7 i Natohes.........

7M7M7i*

Newberry------- 79jR ale igh ............... 7 = s»%Selma . . . . . . . . . 7*,S h r e v e p o r t . . . . 7 t j

Receipts From the Plantations.—The following tabu Indicates the actual movement each week from the plantations The figures do not include overland receipts nor Sou: hen consumption; they are simply a statement of the weeklj movement from the plantations of that part of the crop whicl filially reaches the market through the outports.

W eekE n d in g —

i ^ c r t p ' n t th e P w ’ f i . i V k e f In ter*?r r>wm »

I * * ! . | l “ »2 . 1-WJ. 1991. I 'M . 1*51. t m u um n.

Junta 2 3 . , . . 1 % u s ! h m * 8 1 i o * i a {im ja m i5*> r « s** 80 ........ 14 4**! i« .* T l la.d-2* 143.47* ih l.ttU Z.Hto

J u ly 7 . . . . . MJffft l<U&» 9H *14-1? 1^4* 4.»*4 0 77 1M 1 4 . . . . i t i u 1S.S6-- * 6 ,* r j 7,001 7 J& i 10.1 IS** , n o i n j w - t M k t m 1» u h tm .......... &,it&§ m i* m . . . . 7 X i& 8 . W m .tr .u m j m 1 3 4 8 2. JOT

The above statement shown: 1.—That the total receipts fron the plantations since Sept. 1 in 1892-93 are 5 .0 1 9 . 9 >8 hales in 1891-92 were 7,195,005 bale*: in 1990-91 were 6,iW'.r>3 bales.

8.—That, although the receipts at the outports the past week were 10.205 bales, the actual movement from plantations waonly----- bales, the balance being taken from the stocks athe interior towns. Last year the receipts from the plantation* for the week were 2,197 bales and for 1891 they were 2,213 bales.

O v e r l a n d M o v e m e n t t o r t h e W e e k a n d s i n c e S e p t . 1 —We give below a statement showing the overland movemen for the week and since September 1. As the ieturns reach ut by telegraph late Friday night it is impossible to enter « largely into detail a» in our regular monthly report, but af the principal matters of interest are given. This weeklj publication is of course supplementary to the more extender monthly statements. The result* for the week ending July 28 and since Sept. l in the last two years are as follows:

1892-93. 1891-92.Ju ly 29.

Week.Since

Sspl. 1. Week. #%neeSept. 1

Shipped—Vi* Bi. ........................... 4*716 441,108 2,7^0 668.350Vi* Cairo....................................... 883 20-3.657

13-M02 J4.1 id

292 350,104 162 3 14

VI* Evansville............................. 60 37,s*o3VI* Loaunlle............................... 130^11 303 200 415VI* Clnclan* t!.............................. 790 109*637 906 162.510Tla other routes. Ac.................... 401 lOMlSi* 279 182.305

Total grow overland............ . 7,519 1,213,283 4.630 1,769.780Deduct eh iim um lt-

Overland to S. V., Bo* ion, Ac.. 3.101 3f3.849 1.842 422.910Between Interior town*............ 78 2 *,527 55 62,726Inland, Ac., from Booth............ j . m 74 619 599 102.918

Total to be deducted................ 4.2&0 *02,795 3.466 $89,356

- Leaving total net overland*.. 3.229 840.488 2.184 1,181.424* f n o l a d t o * m ovem ent o r rail t o Canada.The foregoing shows that the week’s net overland movement

this year has been 3.229 bales, against 2,184 bales for the week In 1892, and that for the season to date the aggregate net overland exhibits a decrease from a rear ago of 340,938 bales.

In Sight and S pinner$*Taking).

1892-93. 1891-92.

Week. Since Sept. 1. Week. Bine*

Bern, l .

& & toipu »t pom u* July 2ft....... .Wet overland to July 2*»..............Southern consumption to July 2ft

Total marketed........................

10,2053.22P6,000

5,0*0,754340.4986.0,000

5.707 7.006.427 2.1 34 1,1 ft 1.424 6.000 fcOl.OtH

21,434 # 12,49 i

6.531.242130.816

10.183 8,878.851 •3.782 99.576Interior stock* In excess.............

Came Into eight during week. Total in eight July 28..............

Sorth’n spinner* tak’getoJ'ly 23

8,9536.500.398

12,3918,979.429

. . . . . . 1.691,982 . . . . . . 2.173,298* Decrease dining week. I 1 >•«* than Sept 1.It will be seen by the above that there has come into sigb t

during the week 8.953 bales, against 12,381 bales for t» e same week of 1892, and that the decrease in amount in sight , to-night as compared with last year is 2,478,033 bales.

W e a t h e r R e p o r t s b y T e l e g r a p h . — Our advices by tele- era n'' this evening indicate that the drought continues severe in Texas. and tl.at at some points in Arkansas, Tennessee, Mississippi and Alabama moisture is needed. Along the Atlantic the weather has been favorable and the crop has improved.

taiveston, Texas.—The Texas crops of both corn and cotton are in extreme peril from drought. Com is irretrievably injured and cotton is following fast. The outlook is discouraging. Two bales of new cotton were received on Monday and one on Thursday. Dry weather has prevailed here all the week. Average thermometer 90, highest 95. lowest 85.

P a estine, Texas.—Crops are suffering for moisture dreadfully. There has been no rain the past week. The therm im- eter has averaged 84, the highest bring 98 and the lowest 70.

t u ncsinlle. l exas.—We have had one miserable shower the past week, the rainfall reaching twenty hundred(hs of an inch. Rain is greatly needed. The thermometer ha3 averaged 84, ranging from 72 to 96.

Dallas, Texas.—The Texas drought has become very serious. Corn is hurt past ledemption and cotton is going to the bad everywhere. The thermometer lias ranged from 68 to 93, averaging 83.

San Antonio. Texas.—Everything is parched from the drought. It is now considered to > late for rain to do any good. Average thermometer 83, highest 98. lowest 68.

uTn j , T exts .—Crops are going to destruction fast. The vield per acre will be the lowest for twenty years. No rain has fallen all ihe week. Thermometer has averaged 85, the highest being 98 and ihe lowest 72.

Coin'tibia, Texas.—We are suffering for rain. Corn has be. n much injured and eott m is wilting and shedding, hut holds uut s irpnsingly. The thermometer has averaged 83, rauging from 70 to 96.

Cuero, Texas.—We have had dry weather all the week. Drought D very severe on both corn and cotton. Picking has started and will end earlier than ever known. Tne thermometer h <s ranged from 62 to 100, averaging 81.

tirenletm Texas.—drops are badly injured. There has been one si'uldingsho <er during the week, doing more harm than g-i.nl, the rainfall reaching hut eight hundredths of an inch. Average thermometer 86, highest 100 and lowest 72.

Belton, T ex a s—One light shower the past week has done harm rather than good. Both coiton and corn look bad. The precipitation reached sixteen hundredths of an inch. The t eiuioneter has averaged 76, the highest being 96 and the lowest 56.

Fort W orth , Texas.—The drought is terrific. All crops are on thj verge of ruin. The thermometer has averaged 84, ranging from 70 to 98.

o eat her ford , Texas.—The heat has I >een very great, and this with the drought lias injured both corn and cotton past recovery. Water for stock is getting very scarce. The thermometer has range.) from 70 to 100, awrigi-«g 83.

Sew Orleans, Louisiana.—Rain has fallen on three davs of the w.-ek, to the extent of twenty-four hundredths of an inch. Average thermometer 84.

ihrevep irt, L ouisiana .—We have had rain on two days of the [last week, the rainfall reaching thirty-five hundredths-J an in--h. The thermometer his averaged 88, the high, st <» ing 97. and the lowest 69,

Lake Charles, Louisiana .—Telegram not received.'S I embus. M ississippi.—Cotton, though small, has fine

blooms on it : pro-qiects ate very good. There has been rain on one day of tbo week, the raiufall being two hundredths of an inch. Ihe thermometer has ranged from 63 to 106, averaging 31.

Meridian. M ississippi.—The crop is good in this section but begins to need rain. In prairie sections the plant is small, Htt l in Weal Alabama ihe pimp is the poorest in ten years past. Average thermometer 86. highest 95. lowest 77.

teelana. Mississippi.—Cotton is small for this lime of the year and is suffering from moisture, of which there has not been a trace this week. Average thermometer 80 4, highest 92, lowest 67.

Little Hack, A rkansas.—Crop reports continue favorable in thi» H-ction. It has rained lightly on one day of the week, the raiufall reaching four hundredths of an inch. The thermometer has averaged SIT, the highest being 95 and the lowest 63.

Helena, A rkansas.—Crops look well, but need moisture. Dry w-atber lias prevailed here all the week, but there have been line showers in ihe neighborhood. The thermometer has averaged 81, ranging from 61 to 97.

Memphis, Tennessee.—The weather has been hot and dry all the week. The rain of the previous week was very unequally distributed : a few points have had sufficient moisture but generally crops are suffering in consequence of lack of it. The thermometer ranged from 70’5 to 95 9, averaging 831. , .

Nashville, Tennessee.—There has lieen bat a trace of rain tli" past week, and moisture is badly needed. Average ther- njomeier 80'9, highe-t 96 and lowest 6.8.

Mobile, A labam a.—The went tier has been favorable and crops are maturing nicely. We have had rain on three days of the week, the rainfall being eigh-y five hundredths of an inch. The thermometer has averaged 83, the hignest being 96 and the lowest 68.

Hontanmerg. Alabam a.—It has rained on two davs of the week, the pre cipitation reaching six hundredths of an inch. The thermometer has averaged 84, ranging from 73 to 95.

1 8 6 THE CHRONICLE [Vol. LVir.

Selma, A labam a .—In some parts of the country tributary to this point rain is beginning to be badly needed, as the weather has been extremely hot and dry. We have had no rain all the wept. The thermometer has ranged from 69 to 107, averaging 87.

M adison, F lorida .—The plant is looking well and taking on considerable fruit. It has rained on one day of the week, the rainfall reaching one inch and forty hundredths. The thermometer has averaged 83, the highest being 97 and the lowest 69.

Oohim tus, G eorgia .—We have had rain on one day of the week, the precipitation reaching eight hundredths of an inch. The tin rmometer has averaged 88'9, ranging from 76 to 98.

Savar.nah.. Georgia.—There has been ram on two days of the week, the rainfall being eighty-five hundredths of an inch, and the balance of the week has been hot and dry. The thermometer has ranged from 72 to 98, averaging 85.

Auguxta, Georgia.—The weather has been warm during the week, with general showers on two days, the precipitation reaching sixteen hundredths of an inch ; accounts from the crop are better; considerable improvement the past week. Average thermometer 88, highest 97 and lowest 70.

Charleston, South C a ro lin a — There has been rain on three days of the week, the precipitation reaching forty-two hundredths of an inch. The thermometer has averaged 84, the highest being 96 and the lowest 73.

Stateburg, South Carolina.—It has rained on four days of the week, the rainfall reaching seventy-two hundredths of an inch. The thermometer has averaged 81-2, and ranged from 71 to 95.

W ilson. North Carolina.—Crops have greatly improved the past three weeks. The weather has been dry all the week. The thermometer has ranged from 68 to 96, averaging 83.

The following statement we have also received by telegraph s' owing the height of the rivers at the points named at 3 o’clock July 27, 1893, and July 28, 1892.

In d ia Co tt o n Mo v e m e n t f r o m a l l P o r t s .— The receipts and shipments of ootton at Bombay have been as follows for the week and year, bringing the figures down to July 27.

BOM BAY RECEIPTS AND SHIPMENTS P O E PO U R YE AR S.

Caloutta—1892-93...1891- 92...

M-Miras—1892- 93...1891- 92...

A ll others—1892- 93...1891- 92...

Total all—1892- 93... 1891-92...

Shipm ents fo r the week.

QreatB rita in .

Continent. Total.

2,000 1 , 0 0 0 3,606

1,0003.0002 .0 0 0

1,0003.0002.000

3,0003.0003.000

3.0006.000

Shipm ents since Sept. 1.Great , _ . ,

B r ita in . Continent. Total.

11,00010,00010,00022,00027.00032.000

48.00064.000

43.00030.0006,000

13.00060.000 64,000

109.000107.000

54.00040.00016.00035.00087.00096.000

157.000171.000

EXPORTS TO EUROPE FROM ALL INDIA.

A l e x a n d r ia R e c e ip t s an d Sh ip m e n t s .—Through arrangements we have made with Messrs. Davies, Benachi & Co., of Liverpool and Alexandria, we now receive a weekly cable of the movements of cotton at Alexandria, Egypt. The following arc the receipts and shipments for the past week an d fo r the corresponding week of the previous two years.

A lexandria , Egypt,J u ly 26

Beoelpta (oantars*)___This w eek .... Since Sept. 1.

1892-93.

5,136.000

1891-92.

T h is S in ce Iweek. Sept. 1.

Exporis (bales)—l o .Liverpool............To Continent............ 2,000

308,0001328,000'

Total Europe........ to © 1

c © 1

636,000]

4,661,000

1890-91.

4,018,00vThis

week.Since

Sept. 1.

yarns but firm for sheetings. The demaud for India is good' but for China poor. We give the prices for to-day below and leave those for previous weeks of this and last year for comparison:

1893. 1892.

32* Cop. Tw ist.

8H lbs. S h irtin g s,

OotVnM id.TJplds

32* Cop. Tw ist.

8H lbs. Shirtin g s.

O olVnM id.JJpld

J’e 23 “ 30

July 7 .. 14 “ 21 “ 2S

d. d.67a ® 734 67e H7H 6laie'®70s67s ® 758 634 •®71s 63j ®78)

8. d. B. d.5 6*2 @7 4 5 6 V® 7 4 5 ®7 4 5 7 ®7 4 5 7 ®7 4*2 5 7 ^ 7 4i«

d.

It ’ 64 84124*P4*2

d. d. 6*2 @ 7*s6% -®7*4 6*4 @7*46*4 -©71463.6 @71865.6 @731(i

ft. d. 8. d.5 2 0 6 7 5 1 'WO 6 5 0*2®6 6 5 0*a® 6 6 5 0 5 5 0*2®6 5

d.I 1164316lR31516315lg41,8

Jute Butts, Bagging, &c.—The market for jute bagging has been without feature of importance the past week. Stock is being moved to only a very moderate extent, and prices are steady as heretofore quoted, viz., 4}^c. for lbs.. 5c. for 2 lbs. and 5J c. for standard grades. Jute butts have received very little attention, and the market closes very quiet at 1 l-16c. for paper grades and for bagging qualities.

J u ly 27, *93. J u ly 28, ’92,F eet. Fee 1.

. Above low-water mark. 9*2 13-6.Above low-water mark. 10-7 21*5. Above low-water mark. 3-8 4-0. Above low-water m ark. 5 ’7 7-5. Abo ve low-water mark. 16-6 39-9

Tear

Shipm ents th is week. Shipm ents sin ce Sept. 1. Receipts.

QreatBriVn.

C o n tinent. Total.

QreatB r ita in

C o ntinent. T ota l.

T hisWeek.

Since Sept. 1

’92-3*91-2’90-19-90 6,000

3.0006.000 2,000

10,000

3.0006.000 2,000

16,000

42.00069.000

103.000369.000

785.000823.000911.0001 .10 7.0 0 0

827.000892.000

1.014.0001.476.000

7.0008.000

10,0004,000

1.715.0001.729.0002.018.000 2,135,000

Shipm ents to a ll E urop e

fr o m —

1892-93. 1891-92. 1890-91.This

week.S in ce

Sept. 1.T h is

week.S in ce

Sept. 1.T h is

week.Sines

Sept. 1.Bombay...........All other porta.

3.0003.000

327.000157.000

6,0006,000

892.000171.000

2,00015,000

1,014,000234,000

Total.......... 6,000 981.000 12,000 1,063.000 17.000 1.24S.OOO

......... 327,0002,000 269,0002,000;596,000

T h isweek.

Thefollowing exchanges nave oeen m vie during cbe week:■19 pd. to exok. 600 Aug. for Oct. 38 (Ml. to exoh. 700 Aug. for Dec. 28 pd. to exch. 100 Aug. for Nov.

1,000 278,000 1,000|249,0002,000,527,000

M a n c h e st e r Ma r k e t .— Our report received by cable to-night from Manchester states that the market is dull but steady for

■20 p d . to exch. 900 Sent, for Nov. 18 p d . to e x c h . 100 Nov for Jan. 18 pd. to e x c h . 100 Dec. for Feb.

•lu pd. to e x c h . 8,800 Aug. for Sep. 39 p d . to e x c h . 1.300 A u g . for Dec.66 pd- to exch. 1,500 Aug. for Mch.10 pd. to exch. 2,200 Aug. for Pec 49 pd. to exch. 3,500 Aug. for .Tan.

•30 pd. to exch. 1,100 Aug. for Nov. 36 pd. to exch. 100 Nov. for Mch. 10 pd. to exch. 200 Sept, for Oct.

•48 pd. to exoh. 1,400 Aug. for Jan. •10 pd. to exch. 700 Deo. for Jau. •29 pd. to exch. 100 Sept, for Dec. •09 pd. to exch. 2,400 Aug. for Sep. •29 pd. to exoh. 500 Aug. for Nov. •20 pd. to exoh. 1.900 Aug. for Oct. •09 pd. to exch. 200 Nov. for Dec.67 pd. to exoh. 400 Aug. for Mch. •10 pd. to exch. 400 Nov. for Dee. •50 pd. to exch. 1,200 Aug. for Jan.

•08 rid, to exch. 1,300 Aug. for Sep. T 7 pd, to exch. 2.500 Aug. for Oct. ■66 pd. to exon. 900 Aug. for Mch. 07 pd to exch. 3,700 Aug. for Sep. •47 pd. to exch. 500 Aug. for Jan. T9 pd. to exoh. 1,190 Jau. for Mch. Even 300 July for Aug.•37 pd. to exch. 890 Aug. for Dec. •IS pd. to exoh. 1. i0.) Aug. for Oct. TO pd. to exch. 100 Jau. for Feb.•i 9 pd to exch.300 Aug.s.n.for Sep. T1 pd. to exch 2,000 sept, for Oct, •47 pd. to exch. 1,000 Aug. for Jan. T 9 pd. to exch. 500 Jau. for Dee. T 2 pd. Lo exch. 80J Sept, for Oct. •60 pd. to exch. 500 Sept, for Moll. •17 pd. to exch. 200 Aug for Oct. •36 pd. to exch 400 Oct. for Jan.

E x p o r t s o f C otto n G o o d s f r d m G r e a t B r it a in .—Below we give the exports of cotton yarn, goods, &c., from Great Britain for the month of June and since October 1 in 1892-93 and 1891-92, as compiled by us from tne British Board of Trade returns. It will be noticed that we have reduced the movement all to pounds.

000s omitted.YamScThread. Cloth. lo ta l o f AU.

1892-93 1891-92 1892-93 1891-92 1892-93 1891-92 1892-93 1891-92Lbs. Lbs. Yds. Yds. Lbs. Lbs. Lbs. Lbs.

October...... 21,080 23,278 396,143 440,815 76,050 84,109 97,130 107,387November... 22,882 21,112 422,716 399,496 81,151 76,225 104.033 97,337December... 1.8,208 20,151 419,310 420,911 80,497 80,311 98,760 100,46*Tot.lst quar. 62,225 64,541 1,238,168 1,261,222 237,698 240,645 299,923 305,186January...... 16,625 20,991 384.296 403,774 73,600 77,515 90,525 98,506February— 14,421 23.566 342,022 443,181 65,773 85,080 80,197 108,646March......... 17,944 23,986 374,304 448,751 71,931 86.149 89,925 110,135Tot. 2d quar. 48,993 68,543 1,100,622 1,295,706 211,654 248,744 260,647 317,287Total 6 mos. 111,218 133,084 2,333,790 2,556,928 449,352 439,389 560,570 622,473April........... 14,524 20,019 309,092 873,401 59,411 71,670 73,965 91,689May............ 18,422 18,841 341,264 395,866 65,628 75,997 84,050 94,838June............ 18,001 17,486 349,958 347,911 67,299 66,790 85,300 84,276Tot. 3d quar. 50,947 56,346 1,000,314 1,117,178 192,368 214.457 243,315 270,803Total*) mos.. 162,165 189.430 i 3,389,101 ls.074,106 041,7301703.816 803,885 893,276

864 1,34418.324 17,628

Total exports of cotton manufactures................................ 823.073 912,248The foregoing shows that there has been exported from the

United Kingdom during the nine months 823,073,000 lbs. of manufactured cotton, against 913,248,000 lbs. last year, or a decrease of 89,175,000 lbs.

A further matter of interest is the destination of these exports, and we have therefore prepared the following statements, showing the amounts taken by the principal countries during June and since October 1 in each of the last three years:EXPORTS OF P IE CE GOODS AND YARNS TO PRINCIPAL COUNTRIES IN

JU NE, AND FROM OCTOBER 1 TO JUNE 3 0 .

Piece Goods. (000s omitted.)

June. Oct. 1 to June 30.1893. 1892. 1891. 1892-3. | 1891-2. 1890 1.

Bast Indies .......................... 155.699 138,964 150,659 1,4 03,60l| 1,616.479 1,572,461Turkey, Egypt and Africa... 44.525 50,498 57,014 452.30" | 518,056 545,257China and Japan....... ........... 27,214 83,699 39,97 3 362,877| 462.341 463,022Europe (except Turkey)....... 21,133 13,765 27,226 221,612 226,499 266,218South America.................... 56,439 54,24 < 39.068 486.611 410,584 371,397North America .................... 13.503 25,425 19,051 209,8801 226.280 235,803All other countries.............. 26,445 26,381 34.213 202.156 213,889 250.050

Total yards...................... 349,958 347,911 367.204 3,339,104'3,674.108 3,708,708Total value...................... £3,599 £3,491 £3,991 £34,041: Jt3?,5S3 £40,189

Yarns.(000s omitted.) 1

Holland................................. 3,042 2.842 2,509 25.981: 25.394 23,870Germany. .. ........................ 2,408 2,5?-1 2.513 21.874 21.488 25.215Oth. Europe (except Turkey) 3,330 3.139 4,482 28.1)52 38.057 43,056East Indies............................ 2,713 2,766 4.613 25,711 34,125 34,566China and Japan................... 2,325 1,462 2.006 1O.0 il 21,523 19,857Turaey and Egypt................ 1,884 2.825 2.002 19.9531 27,157 25,806All other countries............... 889 702 826 8,137| 9,000 8,759

Total lbs.......................... 16,591 16,287 18.951 149,252 176,753 186,129Total value...................... £706 £687 £666 £6.537’ £7.46-: £8.824

July 29, 1893.] THE CHRONICLE. 187Rice Crop, 1893.—Messrs. Dan Talmage's Sons have re

ceived samples of the new rice crop. The lot includes sis sacks, is hand cut, well cured and of fine quality. The straw indicates that the crop of the river parishes is full of promise. There has been a lack of rain in some parts of Louisiana, but at the present time the crop is about the same as that of last season at this time. The extent of the crop is about 7,500,000 bushels. Harvesting will begin early next month, but liberal shipments are not expected until about the middle or latter part of September,

East India C h o p . -The following is from Messrs. Lyon & Co.’s cotton report, dated June 23 :

R eports fro m the districts *how that with the excep tion o f the N orthw est provinces rain has been pretty general all e v e r the cotton ! g row in g (Hsttlers. and oa r recent advice# are all satisfactory . The fa it in B roach , w e leant from private advice*, has been excep tion a lly h ea vy , am i no e*» than eight Inches w ere registered in tw o hoars In Surat, Raj Sole. S aueor aud Jubbltspore the fa it is fa r above the aver age, and wane dam age from floods is likely to fo llow . hut as the fields h iv e not been planted ye t this will not m atter m uch, though If ram •till continue* p lan tin g m ay he delayed. W ry h ea vy storm s have been reported front m any stations, and la B om bay the w ea th er has been v e ry storm y, and h ea vy rata ha* fa lle n and is still fatUo k, b a t as t o d a y 's telegram s rep ort fine w eather on the coast w e m ay h a ve a break an y day now , which w ill n o doubt be taken a dvantage o f .u p - country fo r p lan tin g and farm operation*.

C o m p a r a t i v e P o r t R e c e i p t s a n d D a i l v C r o p M o v e m e n t —A comparison of the port movement by weeks is no accurate as the weeks in different years do not end on the same day of the month. We have consequently added to our other standing tables a daily and monthly statement, that the reader may constantly have before him the data for seeing the exact relative movement for the years named, 'lbe monthly movements since September l, 1S92, and in previous years, have been as follows:

Jf tmfAiy Beeetpie.

Tear Beginning September X.1*92 . 1801. 1890. 188 0 . 1 88* . 1887.

Bept'aih 'r O c to b e r ., W ovem b'r D ecem b ’r January - F ebruary M arch. A p r i l . . . .M »F .........J u n e ........

Total... F ere 'ta gs i

rece ip t*

405 .3551,135,4731,125,855

930.02*436,457201 ,648241.750212.158120,005

95,0*2

676,823 732,236 1,5 32,421. 1.365,231 1,376,009 1,145.416 1,215,144 1,185,003

665,102 859,979 858 .855 ’ 535,273 376 ,400 427,702 2 51 ,52 : 298,132 192,00? 100,015 101,161 101,834

581 ,710 332 ,017 1,325,356 1,133,016 1.257,520 1,158,063 1,110,928 1,103,713

700 ,900 719.091 410,044 461.201 213 ,007 330 .510 110,053 160,571

57,802 66,319 25,191 18,102

854 ,7781,213,4041,178,436

963 .584527 ,570341,274225 ,042120,721131,409

72,4384.094.312 i f t o t port Jan e 30..

7 ,047,297 6,856,881

98-46 9 8 0 5

5,778,772 5.409,603

04-34 - 9**43

5,436,743

0 7 0 4

This statement shows that up to June 30 tho receipts at the ports this year were 3,052,933 bates I s than in 1891-92 and 1,802,572 bales lets than at the same time in 1890 91. By adding to the totals to Jun? 3! the daily receipts since that time we shall be able to reach an exact comparison of the movement for the different years.

1892-93. 1891-92. ! 1890-91. 1889-90. 1888-89. 1887-88.T otJ*e 34) 4.894,312 7.047,29716.83 6.884 5.778,792 5 ,488,003 5,438,743J o l y l . . . . 3.351 2,026 1,041 2 0 ! 358 8.** 2 . . . . 8. 2 ,210 2,03* 818 67 753" 3 ___ 949 8. 1,429 416 40 1,579“ 4 . . . . 1,734 1,986 981 226 120 379" 5--- 1.596 1,1*1 B. 41 941 * 953" « — 5.291 1,940 987 8. 531 1,502« 7 . . . . 3,473 2,316 2,104 276 8. 1,220<* 8--- 1.091 3.281 1.410 109 210 8." 8. 2,907 814 106 208 1.129•• 10.... 4.037 8. 2,154 336 431 2,628** 1 1 .... 2,332 4.062 875 209 239 398" I t . , . , 2.316 2,968 8. 184 507 887** 1 3 , . . . 2.489 1.133 3,095 8. 20 704« 1 4 . . . . 2 .648 ' 1.281 3.742 842 8. 1,994" I S . . . . 1,032 3,825 1.753 233 583 8.•* * « - - 8. 1.551 1.022 £2* 65 1,720•* 1 7 . . . . 2,124 8. 2,795 356 231 1,974** 1 8 . . . . 1,337 1,550 041 661 52 911•' 1 0 . . . . 874 3.103 8. 614 11,397 973•* 2 0 . . . , 3,092 473 1.792 8. 179 2,490'* 2 1 . . . . 5.032 1.065 1J302 750 8. 406** 2 2 . . . . 1.379 4.267 1,255 71 884 8.** 2 3 . . . . 8. 406 M a s 835 47 1.522“ 2 4 . , . . 1,142 8. 1,917 819 351 1,095*' 2 5 . . . , 775 1,089 477 3,641 142 1,36 4” 2 6 . . . . 8 ,064 1,329 8. 105 107 1.172** 2 7 . . . . 1,99* 625 1 3 2 9 8. 106 23,781** 2 8 — 1.951 729 1,951 793 8. l,10 .tTotal. , 5.050.73* 7,094,685 6 .897,976 5 ,791,435 5,500,425 5.400.046

Percentage at total *« J o l f 2^ 9 0 ) 2 90 04 99-37 99-25 97-99

T h e F o l l o w m o a r e t h e G r o s s R e c e i p t s o f C o t t o n nt Hew York, Boston, Philadelphia and Baltimore for the past week, and since September 1, 1893,

S tce ip uN e w Y o b s . BOSTON. P h il a d e l p h ia Ba l t im o r e .This Since This Since T h is | Since T h is Since

w eak . S e p t . l . w eek. S ept. 1. w eek . S e p t . l , w eek . Sept. 3.N .O rleana. 3,155 339,793 . . . . . . . . . . . . . . . . . .F e x a i. ....... 992 275,372 . . . . . . . . . . . . . .ia r a n n a h . 300 254,700 90,237 U 1 0.309 1,237 91,485M o b ile ... . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .F lo r id a ..... . . . . . . 9,187 . . . . . ............. ......... . . . . . . . . ......... . . . . . . . .3o . Carol’ a. 647 70,010 ......... . . . . . . . ‘ . . . . . . . . . . . . . .-So.Carol's. 17,217 . . . . . . .. . . . . . . . . . ......... ............

101 31,317 23,138 197 10.313 298 81,500tforthn pts ***„.„*. 1.022 329.977 13.6*4 . . . . . . . . . . . . . .Fen a ., Jsc.. 001 48,432 587 119,527 667 0d,498 691 66,088F o re ig n .... . . . . . . 27,710 55 20,812 . . . . . . . . .........

T h is year 6.093 1,123,708 1.66* 583.709 1,008 90,693 8,228 239,693L w t y e a r .. 2,893 1.537.498 2340 705,717 915 115,702 a 307 1 370,007

SFfSmppixa News.—The exports of cotton from the United States the past week, as per latest mail returns, have reached 36.130 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 we include the manifests of all vessels cleared up to Thursday.

Total baler.STkw Y o r k —T o L iverpool, per steam ers B ovio , 1 ,0 9 9___ Na

sm yth. 1 ,211— St. R oaaus. 4 ,782 ...S erv ta . 1 ,1 9 * .______ 8 ,286T o Hull, per steem er M arcello, i .6 3 ? ......................................... . 1,637T o H avre, per steam er La Touram e, 100 ..................................... 100T o Brem en, p er steam er Trave, 2 1 2 ............... ............................... 212T o H am burg, per steam er M oravia, 400 ....................................... 400T o Antwerp, per steam er W a-slam i, 100 ................................... 100To Gothenburg, per steam er V euella, 300 ............................... 300

Ne w Orle an s—To L iverpool, per steam ers Darien, 3 ,3 0 0 ___Navarro. 8 ,1 5 0 ................... 11,450

To Brem en, p r steam er A kaba. 4 .2 3 3 ........................................... 4 ,233To Hamburg, per steamer A acaola . 424....................................... 424T o B arcelona, n«r steam er M artin «uenz. 8 0 o ............................ 600

Charleston—T o Barcelona, per bark Esm eralda. 1 / 8 9 ............. 1 ,780No r f o l k —To L iverpool, per steam er Ahoraeu, 1 ,6 0 0 ................... 1 ,600

To Brem en, per steam er Corona, 800 ............. .......................... 600Boston—To L iverpool, per steamers Bothnia, 4 0 6 ___ G eorgian,

250 ...M ich ig a n , 2 ,068 ..................................................................... 2.731Ba ltim o r e—To Bremen, per steam er W eim ar. 8 8 1 ........................ 881

T o A ntw erp, per steam er Salerno, 448 .......................................... 448PaiLAUKLi-HiA—T o L iverpool, per steam er British Prince, 264 . 264

T otal........... 36 ,130The particulars of these shipments, arranged in our usual

form, are as follows:Liter- A Bam- A nt- Qalhen- Barer-^ 2 8 6

Hail. Havre, burg. w*rp,100

burg. tana. Total.New York . 1,637 100 612 300 . mm 11.035X. Orleans. 11,450 .......... 4 .857 . . . . . . . . . . . . 600 16,707Chart* Mon. *„«•«. . . . . . . . . . . . . . . . . . . 1 ,789 1,789N o rfo lk .... l',S>0 . . . . . . . . . . . . 0410 . . . . . . . . . . . . . . . . . . 2 ,200Burton----- - 2,731 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2.731

1,329*264

. . . . « . .......... 881 448 . . . . . . . . . . . .PhiladePa,. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 264San Fran . 75 . . . . . . - . • » *........ . . . . . . . . . . . . . . . . . . 75

T o t a l . . . . 24 .406 1.637 100 0 ,750 543 3 0 0 .2 ,3 8 9 3 6 ,1 30Below we add the clearances this week of vessels carrying

cotton from United States ports, bringing our data down to the latest dates:Ne w O e le a x a - T o L iverpool—July 2 5 -S te a m e r Professor, 4 ,233; Wm.

Cdffe, 4,310.T o l la v r e -J u ly 26 - Steam er H avre. 3,207.

SAVANNAH—'To B arcelona - July 2 * -S team er Ohurruoa, 2 .188.To G e n o a -J u ly 2 * -S te a m e r Cbttrruca, 1 .0*0.Boston—To L iv e r p o o l-J u ly 1 7 - Steam er O ttom an, 5 14 . . . .J u ly 1 8 -

Stoaiuer Colum bian, 2 3 1 ...... J u ly 2 1 —Steam er P avoata , 0 0 2 . . . . ,July 24 Steam er Sagam ore. 421.

B altim o re—To Brem en Ju ly * 6 -S te a m e r D rw den , 640. P h ila d e lph ia - T o L iverpool - J u ly 25 -s te a m e r L ord C live, 808,

Cotton freight* the past week have been as follows:Satur. Mon. Tuts. Wed nee. TKure. PH.

L iverpool, *te*m .d *« H H % H %D o later..d . . . . . . . . . . . . . . . . . .... . . . .

H avre, ree. line 6. % * 7i« * « » - n ■ ***• »!« » M * 7KI >*55 »*1« 133 3 * ’ l«Do ontaide *tr.d. »»** . . . . . . . . . . . . . . . . . . . .

Bremen, a te a m .d . » « 9« *»»*•*D o r , H am li.it . . . . . . . . . . . . . . . . *•*»

Hamburg, iteauut. H % ■a <« h> %D o ...........A. . . . . . . . . . . . . . . . . . . . .

Am t'dam , »team .r. 30* 30* 30* 30* SO* 30*D o la ter., e. . . . . . . . . . . . . . . . . . . . .

Revai, ( t e a m .. . .6. *1« *1* ate h *

B’ lona, d irect. ..J. *!* " a t * 3!* i » * i f * i * U«4® 510Genoa, a team ...A, »**-•«>*, ‘ « » " e . 4 »>*4 » e t ” *4Trie*te, v. Lond-nrt. i tw *■* *33 ’ 33A ntw erp, s tea m .'/. *■ „&!„ *** » 7«M *** * * v » 7**

* Cent* . er 100 in*Liverpool.—By cable from Liveroool we have the following

Atatementof the week * sales, stocks. &c.. at that port:Juhj 7. July 14. July 21, July 29.

Sale* at the w eek.-......... hale*.O f which exporter* took . . . Or w bloh upeculatere t o o k ..

S a lce A m e rica n .........................Actual ex p or t ...............................Forwarded....... ...........................Total B lock -E stim ated ...........

O f whteh A m erican—Estlm ’dTotal Im port o f the w eek .........

O f which A m e r ic a n ___ _____A m ount afi ca t.............................

O f which A m erican.................

3 -t.OOO 1.0 0 1,004)

33.000 7 ,000

43.000 1,365,000 1 ,1 4 2 .0 )0

19.00015.00030.000 20,000

54.000 5 5 /0 0 47,000 1,000 1,00 ) 2 ,000 2 .000 2,(M) > 3 ,000

48.000 48,000: 37 ,000 f i / 0 0 0 ,000 11,000

50.000 5 3 / 0 0 ’ 55,0001.376.000 1 ,344,000 1,293.0001.121.000 1 ,088,000 1,040,000

5:4.004) 27.000 15.0002H.00(i 15,000 10,00022.000 35,000 40,00 0 21,COO 25,000 3 0 ,000

THE CHRONICLE. [ V o l . L Y 1 I .

The tone of the Liverpool market tor spots an l futures each d%v of the week eu ling July 28, and the daily closing price* of spot cotton, have been as follows:

Spot. S a tu rd a y M on d ay. T u esda y. Wed tics T h u rsd ’ y. F rid ay.

M ark et. {1:45 r . M } Steady. In buyers’

favor. Steadier. Steady. M oderatedemand.

H arden’atendency.

M ld .U p l’d s . 4% 4 % 4% 4*9 4% 4%

8 a l e * ............ 7 .0 0 0 8 .0 0 0 8 .0 0 0 8 ,0 0 0 12 ,0 0 0 9 ,0 0 060 0S p ec . A e x p . 50 0 5 0 0 1.U00 5 0 0 3 ,0 0 0

F u tu re* . M a rk et . (

1:45 p . M.)Steady a'

1 -04 advance.

Oniet at 1-64 612-64

decline.

Steady at1-54 advance.

Quiet at partially 1-64 dec.

Quiet at 1-64 <3 2-64

decline.

Steady at 1-64 @ 2-64 advance.

M a rk et , J4 P. M. j

Quiet and steady.

Barelysteady. Quiet. Very

steady.Quiet and Quiet and

steady. steady.

The opening, highest, lowest and closing prices of futures at Liverpool for each day are given below. Prices are on the basis of Uplands, Low Middling clause, unless otherwise stated:

r y The p rice* a re g iv en in p en ce a n d 6 4 the. T h u s : 4 63 m ea n s 4 6 3 -6 4 d . an d 6 01 m ea n t 5 1 -644.

H a t., J u Iv 2 2 . iU un.i J u l y ‘2 4 . T u e a ., J u ly 2& .

Oj>«i High Low. Olos. Open High Low. Olos. Open a m Low. Olot

d A. d. A. A. A. A. A. ! t . A. A A.4 25 4 26 4 25 4 26 4 23 4 24 4 23 4 23 4 25 4 25 4 25 4 254 2 i 4 26 4 25 4 26 4 23 4 23 4 23 4 23 4 24 4 25 4 24 4 24

A ua.-Sept.. 4 25 4 26 425 4 26 4 23 4 23 4 22 4 23 4 24 4 25 4 23 4 24B epu-O ct.. 4 26 4 27 4 26 4 27 4 24 4 24 4 24 4 24 4 25 4 25 4 24 4 25O ct.-N ov „.. 428 4 28 4 28 4 28 4 25 4 26 4 25 4 25 4 20 4 20 4 20 4 20Nov.-Dee. 4 2D 4 30 4 29 4 30 4 27 4 27 426 4 27 123 4 23 4 27 4 28D ec.-Jan.... 4 Si 4 31 4 31 4 31 4 28 4 29 4 28 4 28 4 29 4 30 4 29 4 29Jan.-Feb— 4 32 4 33 4 32 4 33 4 30 4 30 4 30 4 30 4 31 431 4*1 4 31Feb.-M ch... 4 34 4 35 4 34 435 4 32 4 32 4 32 4 32 4 33 4 33 4 32 4 33Mch.- April. 4 36 4 37 4 36 4 37 4 34 4 34 4 34 4 34 4 3» 4 35 4 34 4 35

W e d . , J u l y 4 6 . T h u r s . , J u l y 2 7 . F r l . . J u l y 2 8 .

Open High Low. Olos. Open High Low. Olos. Open High Low. Clo*

A. d. A. A. d. A. A. A. A. A. A. AJuly.............. 4 25 4 27 4 25 4 27 4 26 4 27 4 20 4 27 4 28 4 28 428 4 28Jnly-Auft. 4 25 4 26 4 25 4 20 4 25 4 26 4 25 4 2d 4 27 428 4 27 4 27A ujt.-Sept.. 4 24 4 26 4 24 4 20 4 24 4 25 134 4 25 4 20 4 27 4 A0 4 27Bept.-Oct. . 4 25 4 2? 4 25 4 27 4 25 4 20 4 25 4 20 4 27 4 28 4 27 4 28O ct--N ov.... 4 26 4 28 4 26 4 28 4 27 4 27 4 28 4 27 4 28 4 29 4 28 4 28N ov .-D ec... 4 28 4 80 4 28 4 30 4 28 4 28 4 28 4 28 4 3o 4 30 4 30 4 30Dec.-Jan___ 4 30 4 31 4 30 4 SI 4 30 4 30 4 29 4 30 4 31 4 32 4 81 4 32Jan.-Feb.. . 4 31 4 33 4 31 4 33 4 31 4 32 4 31 4 31 4 33 4 31 4 33 4 33Feb.-M ch. . 4 33 434 4 33 4 34 4 35 4 35 4 33 4 33 4 35 4 35 4 35 4 35M ch.-April. 4 35 4 36 4 35 4 36 t 4 35 435 4 35 4 35 4 3? 4 37 4 37 4 37

B R E A D S T U F F S .F r id a y , J u ly 23 , 1893.

On Monday there was a fair trade in the market for wheat flour. An advance in wheat values had a stimulating effect upon buyers, and purchases were on a fairly liberal scale, both for the home trade and export, at full prices. Later, however, in consequence of a decline in the grain the market relapsed into duloess and values turned weak. Rye flour was in slow demand but supplies continue limited and prices are firmly maintained. For corn meal there was a moderate inquiry at steady prices. To-day the market for wheat flour was dull and weak.

Immediatel y after our last there was a decided turn for the better in the market for wheat futures. Crop advices from the Northwest were unfavorable and there was some fear of political complications arising abroad, but later further reports of financial difficulties at the West and improved crop prospects led to a decline. In the spot market the demaud from shippers continues active, but at declining prices. The sales yesterday included No. 1 Northern at 69%-a70i^c., delivered; No. 2 red winter at 2c. under September, f. o. b. afloat, delivery early August, and No. 2 hard winter at lc. under September, delivered. To-day the market broke badly under active liquidation by “ longs” both here and at the V\ est, and the close was easy. The spat market was active, exporters being large buyers. The sales included No. 2. hard winter at 8c. under December, delivered; No. 1 Northern at l%^2c. under September, delivered, and No. 2 red winter at l%c. under September, f. o. b, afloat, delivery middle of August, The export sales for the week were about 1,750,000 bushels.

® 4ILY CLOSING PRICES OF VO. 2 RED WINTER WHEAT.

J u ly d e liv e ry ............A u g u st d e l iv e r y . . . . S ep tem b er d e liv e ry . O ctob er d e liv ery . . . D e ce m b e r d e liv e ry

Sat. Mon. Tu ps . Wed.7 0 ^ 71^i 70*g 7 0 1470»8 7 2 % 71 7 0 7e0. 7 3 74S i 7 :-% 737.^30 7« 3, 7 f \ 753q7 9 % 8 0 % 7 9 % 7 9 %

Thnrs.69%6 *% 723s 7 i% 79%

Prx.67%6-)%7 0 %7 3 %7 7 %

Eirly in the week there was a sharp advtnce in Indian corn futures on a hrisk demand from “ shirts” to cover contracts, stimulated by reports of damage to the crop by hot, dry weather. Later, however, under the receipt of advices from the West stating that needed rains had fallen, the market turned weaker and the improvement was more than lost. The sp >t market has been quiet. Prices have followed futures, advancing early in the week, but later declined. Yes erday’s sales included No. 2 mixed at 47%c. in elevator and 48@48J^c. delivered. To-day the market was comparatively steady despite the break in wheat, on unfavorable crop advices. The spot market was quiet. The sales included No. 2 mixed at 47c. in elevator and 47% 3)48c. delivered; also ungraded yellow at 47%Ca49c.

DAILY CLOSING PRICES OF NO. 2 MIXED CORN.Sal. M on . Tries. Wejt. T h n rs. p r i .

J u ly d e l iv e r y ................. . . 0. 4 7 % 4 9 % 4 8 % 4 7 % 4 7 % 4 7A u g u st d e liv ery . . . . . . . . 0. 4 7 % 4 9 % 4 S % 4 7 % 4 7 % 4 7S ep tem b er dell v e r y ._ . . . o . 4 7 % 4 9 % 4 8 % 4 7 % 4 7 % 4 7 %O cto b e r d e l iv e r y .............e .............. 4 9 % 4 8 % ..........................................

Oats for future delivery In the fore part of the week advanced on unfavorable crop accounts and in sympathy with the rise in wheat and corn, but subsequently the improvement was lost. In the spot market prices have made a material advance from those of last week in consequence of an active demand from shippers. The export sates for the week being about 690,000 bushels, mainly for shipment. To-day the market advanced on unfavorable crop accounts.

DAILY CLOSING PRICES OF NO. 2 MIXED OATS.Sat. J f on . Tues. Wed. T h u n . Fr\.

In ly d e l iv e r y ............. 3 7 37 3 7 3 6 ^ 36*4A u gu st d e l iv e r y ........ . . . . o . 31 3214 3 1 % 31 3 0 % 3 0 %s^Mtem hor d p liv e ry ... . . . o . 30*4 31*9 30*9 30*4 30 3030O cto b e r d e l iv e r y ___ ...O . 3 0% 32 31 3 0 % 30** 3 0 %

Rye has been in light request and values have declined.FLOOR.

Fine............ .... 18 bbl. $1 75®$2 15 I Patent, w in ter....... $3 459$3 75Jiperfine....____ . . . 1 s . i * 2 35 | City mills extrae. . . . 3 8V» 3 90Extra, No. 2 . . . . . . . . 205® 2 40 I Rye ftnur.sunerttne.. 3 0 0 ® 3 30Extra, No. 1 ......... ..... 2 20® 2 7i Buckwheat flour................® . . . .Clears . . . . . . . . . . . . . . . 230® 3 10 I Cora meal—Straights_____. . . . . . . 3 00® 3 75 1 Western,&o.. . . . . . . 2 60® 2 70Patent, spring........ 3 75® 4 20 | Brandywine........ 2 75

[Wheat flour In sacks sells at prices below those tor barrels.]GRAIN.

V h ea t— 0. 0. C orn , p e r b u sh .— 0. 0.S prin g , n o r b u s h . . . 6L n 7 3 W est 'll m i x e d . . . . . 45 9 5 0R ed w in ter N o 2 . . 6 9 7b 6 9 4i N o. 2 m ix e d . . . . . . 47 » 48*9R ed w in te r ............... 5 7 7 1 W estern y e L lo w . . . 47 7b 51W h ite .......................... 6 0 7b 71 W estern w h ite ........ 4 8 n 5 4

9 *ts—M ix e d . . 9 b n . 3 6 n 38 R y e —W h ite .......................... 3 6 % » 45 W estern , p er b u s h . 54 n 55No. 2 m ix e d ............. 36 % 9 3 7 % State a n d J e r s e y . . 5 2 •© 56N o. 2 w h i t e . . . ......... 3 7 % ® 3 8 % B a rie v — No. 2 W est’ ll. 7b

S tate 2 -r o w e d ......... nS ta te 6 -ro w e d ......... .. 7b ..

The movement of breadstutfs to market is indicated in the statement below, prepared by us from the figures of the New York Produce Exchange. We first give the receipts at Western lake and river ports, arranged so as to present the comparative movement for the week ending July 22, 1893, and since August 1, for each of the last three years:St ccipts at— Flour. Wheat. Corn. Oat*. Barley. Rye.

Bbls.UNUbH Bush.60 lbs Bush.56 lbs Bush.S2lht Bush. 48 lt>r B u .50 lbsJhlcago ....... 70.455 1*7 530 2.430 072 1.627,325 27,027 3,905Milwaukee... 20 600 215 125 13,053 120,000 7,20 * 6,900

162,107 694.277Minneapolis. 759,950 • • - ..Toledo........... 2,320 274.3 0 74,500 9,30 » 300

2,103 129,343 12 38 2 41,100Cleveland.... 6,000 8.500 4.200 27,000 4,500

16.445 692 159 502,165 133.6/5Peoria........... 7,350 12,000 122,200 333.500 3,500 1,200Kansas City. 43,189 44,70-5 657

Tot.wk, ’93. 299.503 3,028.379 3,203 87? 2,292 503 42,227 12,305Same wk,’92. 302 044 4,234.230 1,492,580 2.265.689 100.979 42,241Same w k,’91. 135,580 5,899.838 2.030.603 1,518.031 11,965 145,805S4nee Aug. 1.

1892-93....... 13,209.124 238.909.540 127.273.832 117,280 154 29.400,049 7,139,8031891-92....... 13.146.833 226,607.930 123,045.882 109,700.808 31,002 46* 14,540,8431890-91....... 10,205.720 118,062,949 101.571,133 9 2,148,791 28,418,809 4,448,447

The receipts of flour and grain at the seaboard ports for th e week ended July 22,1893, follow:

F lou r , W heat, C orn , O ats , B a r le y , R y e,A t— bbls. bush . bush . bush . bush . bu sh .

New Y o r k . . . 1 3 2 ,0 8 5 1 ,1 2 9 .4 7 5 2 8 3 ,7 0 0 4 0 3 ,4 5 0 2 ,4 0 0B o s to n ............. 5 0 .4 4 4 3 9 ,5 7 5 1 6 4 .7 3 8 11 L,9 15M on trea l . . . , 2 2 ,7 0 1 4 2 0 ,2 9 0 3 79 ,0 0 0 1 6 8 .6 4 1 5 ,1 5 0 1 ,5 8 0P h ilad e lp h ia . 5 2 ,9 L 5 1 4 2 ,2 8 3 1 18 .821 7 6 ,2 3 5 2 ,4 0 0B a ltim ore— . 9 5 ,0 9 9 5 8 5 ,1 4 2 3 1 4 .2 8 5 6 5 .6 0 5 9 ,9 1 3R io h m o n d . . . . 2 .7 7 0 5 .6 7 4 1 0 ,9 0 4 7 ,6 1 6N ew O rlea n s . 7 ,4 7 0 1 9 8 ,7 6 5 3 4 5 ,2 0 5 3 7 ,3 9 8

T o t . w e e k .. 3 6 3 .4 S 4 2 5 2 1 ,2 0 4 1 ,6 1 6 ,6 5 3 87.5 ,860 7 ,5 5 0 1 3 ,8 9 3W eek 1 89 2 . 3 2 2 ,1 3 1 2 .5 4 3 ,2 4 5 9 5 2 ,5 1 4 1 ,6 9 9 .4 7 6 4 7 ,2 6 5 5 2 ,8 6 4

Below are the rail shipments of flour and grain from Western lake and river ports for four years:

F lon r ................

189 3 . W eek

J u ly 22. . . . b b l s . 3 9 2 ,4 9 8

1 89 2 .Week

J u ly 23 . 2 5 9 , <i55

189 1 .W eek

J u ly 25 . 2 2 3 ,6 3 5

1 8 9 0 .W eek

J u ly 2 6 . 2 3 6 ,0 5 9

W h e a t .............C orn .................O ats..................B a rley .............R y e ..................

. .b u s h . 6 3 9 ,6 6 6............... 3 92 .'*69............... 8 6 5 .> 0 4............... 12 4 SO

8 8 7 .0 2 43 3 1 .2 5 4

1 ,2 5 0 .1 6 13 3 .0 *8 1 1 .3 26

4 4 3 ,9 1 045-L 2S7

1 ,1 2 3 .6 5 5 9 .3 ; t

2 1 ,3 33

2 9 2 ,9 7 96 3 1 ,6 0 2

1 ,2 2 0 ,9 2 31 7 ,9 8 31 8 ,6 4 6

T o t a l____ 2 ,5 6 2 ,8 0 3 2 ,0 5 9 ,4 2 6 2 , ls 2 ,1 3 3

July 29, 1893.J THE CHRONICLE. 189The exports from the several seaboard ports for the week

ending July 22.1893, are shown in the annexed statement:BTporlsfrom—

B oston .. . N orfolk. M ontreal Fhflartel. B aintn ’ re S . Ori’ n*. Iff. Sow Portland.

Wheat. Com. Flour.

Bush. Bush. Bits.1.266.267 3 5 ',3 3 2 147.757

114,154 92.017 37.434945

13 3 i n 446.840 14,29840 *.976 143 S'23 42.7*1457.918 17 4.000 18 308390.406 136.560 4,25s

69,4 15: : : : : :

4,540

Tot. w eek 2 ,368,827 l ,3 i M 7 2 j BP m e tim e;

1892 . . 1,457.021 527.1

;.572;

,8 4 6 ;

270,324

201.313

Oats,

Bush.142.119

1 5 9 ,7 4 9

7O.OU0

371,888

337,02ft

Bye.

Bush.

9.053

9,OS 3

104.175

Peas.

Bush.4,092

62,828

66,920

116.325

T h e v is ib le s u p p ly o f g r a in , a t th e p r in c io a l p o in ts o f a cctu n i p o r t s , J u ly 22 , 1893:

W heal, Com ,In store at— bush. bush.

New Y ork ........... 8 ,635.000 22 2,000D o a f lo a t . . . . 402 ,000 -I f.000

A lb a n y ............... . ............. 12,000B uffalo................. 1 ,354,000 185.000C hicago ..............19,264,000 1,943,000M ilw aukee.......... 1 ,175,000 .............Duiutn................. 4 ,931,000 ..............T o le d o ................. 1 ,427.000 139 .000D etroit................. 773 ,000 2 ,000Oew etro............................................................B t L oul*............. 3 ,064.000 180,000C in cin n ati.......... 1,000 3 .000B oston ................. 408 ,000 *22,000T oron to ............... 1 4 1,000 .............M on trea l. ____ 452 .000 7 ‘ <,.XM>P hiladelph ia ...., 1,030.000 29 7.000P e o r ia ................. 92,000 24,000Indianapolis___ l o ’ .o o o n .0 0 0Kansas C it y .. . . 428 .000 77.000B a lt im o re ......... 76*>.*t©0 97.5,000M la n ea p oU a .... 9 ,419.000 1.000Ob M tMiMippL. 210 ,000 259 ,000On La**-.______ t,5?.«,»O 0 l.tHO.mwOn oanai A rlver 2JS84.000 872 .000

T o r a ta —

. ,n s to c k s la g r a n a r ya t la k e a n d s e a b o a r d

Oats, bush.

25 8;000

" hC>4H*139.000243 .000 22.000

ii'.ooo22,00042.0001,00023.00013.000

231.0002 0 3 .0 0 0

HI,00015.001

3 7 .0 0 0 2 4 1 ,0 0 022.000

5 .0004093100

#4,000

bush.79.000 8,000 1,000

4 .00055.00041.0001.00023.000

3 .000

"*4.0001.000

30.000

"T,6bo"sCooy2 3 .0 0 0

3 .0 0 0

Barley,bush.

40.00t. • 2.000 80,000

53.0060.0001.00 t

1.000 20.00 35.000 7 ‘J.OOi

20,000

J u ly *2 , 1893..58.VO4.00O 7 ,«0 * ,0 0 0 2 ,164.000 281,0 0 0 3 "7 .0 0 0 Ju ly IS. i s i i 5-j iUs.uoo h.-13.000 2,004,000 361.000 8 4 1 ,ohoJu ly 23, 1 89 2 ..2 1.00 ..000 9,637.004 6 .4 0 .4 0 0 215..HM 4 1 . IK)Jn ly 25, I S . t . .14.1. 0,177 3 .0O .H 76 1.770,44 i 3 18.488 7 4.741Ju ly 2 6 , 1 89 0 .. 18.332,319 13.020.700 2 .824.071 *0 0 ,3 64 # » 8 .s s «

TH E DRY GOODS TRADE.N tw Y o r k . F riday. P. J u ly 2 8 ,1 6 0 3 .

There has been no material change in the condition of the dry goods trade since last report. The attendance of buyers is still very limited and the business coming in from salesmen on the road much below proportion* usual at this time of the year. Deliveries of merchandise are also limited, partly by the cancellation of orders and partly by the reluctance of sellers to ship goods to points where financial disturbances have been rood acute. The month just cl sing hm been a most disip- pointtog one in all its features except the comparative absence of failure* in tbs dry goods trade itself. It opened with a small budnews doing and the deman ! has exscinded but little os it progressed ; in fast, this week's huaine*** is considered by good judge* to have produced a sm tiler aggregate of sales than the one immediately preceding it, The tone of the market is excessively dull, but can hardly be characterised »s decidedly weak. With one or two exceptions prices are outwardly unchanged, but buyers of good standing are able to make purchase* at varying concessions in many fines of goods. To* r*»d of the "shut-down" movement has some influence in offsetting the absence of demand, but it is no' in to any degree prwi*.unced »a yet. Collections are still reported irregular and on the whole not better than a week ago. The jobbing trade is slow throughout and in unfavorable con trust with the last week in July to any recent year,

Domestic Cotton Goods.—The exports of cotton good, from this port for the week ending July 2-1 were 4,016 packages, valued at 1309.843, their destination being to the points specified in th« table below:

f f i w Y o r k to I s t r 25.1883. 1892.

Week, fiirtet Jan. 1. Week. Bine* Jan. 1

0 r e « t Britain....... ....................O ilier E uropean ........... .C h in a ........................ ..................I n d ia ..........................................

10111

4*5240

1,9197

292#924

,,s

2,261837

17.248 ; 2 ,496 1 8 ,992 5 ,828

10.»34 1,261 2 * 1 »

29.321 1.4.74

50

4.047229

t j s i2 -3**&:106601

8

2.9661.069

63.6-*3 3.164 7.233 6.317 0-378 2,102 3.512

26.309 1.043

A .r*b !a * ,._ ,.................... ..AJfrtfm. - «*»«».*** *:*.*«*«**»*»»* W**% Tnfli**si...............................

. . . . . . . .............d n stm\ A mrrttm.. . . . . . . . . . . .B>ntb Amorim.......................Other mrantrle*........... ...........

T o ta l ..................................... 4,010. . . .

80 ,150 ; 19,015

6.645 127,47111.104Chins, v ia Yanoouver........

TirtaS..................................... 4 .010 99.18.4 6.647. 139.47.5* P f.rn New E nelaod m ill points fit rootThe value of the New York exports since January 1 have

been *4,714,931 in 1*93 against #0.342.O1« to 1992.

The demand for brown sheetings and drills by the home trade has been poor and coufimd to orders for small sized package lots to meet immediate r*qmrements, but sales for export have been swelled by a special purchase of 2,000 bales f o r China, and reports from that country say that business there in cotton goods shows some improvement. Colored e< tcoa8 are slow throughout, little doing in denims, tickings, plaids, cottohades, ducks, or oiler varieties. Bleached shirtings show small sales only. Wide sheetings are dull, with growing stocks. Prices of the foregoing are nominally unchanged cut are qui-tlv irregular. Kid-finished cambrics, cambric muslins, siiesias, linings and converted goods generally are barely steady. The slater kid-finished cambrics are reduced '.:c. per yard. White goods are stagnant, cotton flannels ji,active, and in other cottons business is mainly confined to deliveries on previous orders. Fall prints sell slowly from both first and second bands, and there is very little doing in ginghams. Print cloths are in poor demand; the puce at Pall River for fit squares is nominally 3;je. but sales h ive been mad - at Providence at 3 jc, It is rep »rted co-day that four Fall River mills have decried to shut down for August, and that it is probable the other mills in that city will come to a like decision. 1*393.mod: Of Print Cloths- July 21.Held by Pravtdeaee m anufacturer*. I s » ,0 0 0 Fall R iver m um ifacturer*...................2 JS.OoO

1892. 1891.July 22. July 23,

None. 4,17,000N one. 421 ,000

Total *tiwk (p ie c e * ) .......................395 ,000 None. 838 .000B o m f s t i c W o o l e n s .— S m a ll o r d e r s f o r s p r in g m a k e s o f

m e n ’s - w e a r w o o le n s anti w o r s te d s h a v e b een t ie - f e a t u r e o f a w e e k o f s lo w tra d e . T h e d e m a n d h a s ru n m a in ly u p <n g o o d s o f th e c- t e n -w a r p a n d u n io n c . i - s im e r e o r d - r a n d u p o n lo w - g r a d e a l l -w o o l s ta p le a n d f a n c y c h e v io t s a n d tw e e d s f r o m a n n u l 33*; t o St p e r y a r d , m e d iu m a n d fin e g r a d e s b e in g c o m parative l y n e g le c t e d . B u t fe w l in e s o f a n y k in d h a v e b e e n f uHv so ld u p y e t , a l t h o u g h in a n o r d in a r y s e a s o n m a n y w o u ld b y th is t im e h a v e b e e n w ith d r a w n f r o m th e m a r k e t , w i t h th e ir m il ls ’ p r o d u c t io n c o v e r e d . M o r e m il ls c l o s in g d o w n o r g o in g o n sh o r t t im e a r e r e p o r te d . P r ic e s a r e ir r e g u la r , w it h o u t a n y o p e n d e c l in e b e y o n d w h a t h a s b een n o t ic e d p r e v io u s ly , S o m e r e -o rd e r s f o r d r e s s g o o d s h a v e t>een r e c e iv e d , a n d m th is d e p a r tm e n t m a tte r s h a v e la te ly im p r o v e d a litt le . F la n n e ls , b la n k e ts , s h a w ls a n d c a r p e ts a r e a ll d u l l .

F o r f . io n D r y G o o d s . — T h e in te re s t ta k e n in th is d iv is io n o f th e m a r k e t is n o g r e a t e r th a n t i n t ta k e n in d o m e t ic m e r - e tm iid isc . B u y e r* h a v e p la c e d s m a ll o r d e r s f o r h ig h n o v e l ties in d r * -* g o o d s a n d s ilk s , b u t f o r th e g e n e r a l ru n o f im - p orre l g rods 1 he d e m a n d h a s b een t r i f l in g . Im p o r te r s a re c o m p la in in g o f - th e n u m b e r o f c a n c e lla t io n * t n e y a re r e c e iv in g o f im p o r t o r d e r s p la c e d a c o n s id e r a b le t im e a g o , a n d o f h a v in g t h r o w n o u th e ir b a u d s g o o d s b r o u g h t o u t s p e c ia l ly t o fill s u c h o r d e r s .Im p art* Unit* nud W areliuuae W ith d ra w a l* o f Drjr flo o d * .

THE CHRONICLE. [Vol. LYII.]«G

State and City Petantment,terms of subscription.

Commercial and Financial CHROSICiLE contains 40 to 64 panes published every week.

Slate and City Supplement of CHROHJICL.E contains 180 pages published periodically.

Investors’ Supplement of OBROXICLE (a Cyclopaedia of Railroad Securities) contains 160 pages published every other month. ________

Subscription to CHRONICLE for one year #10.00, which includes every issue of both SUPPLEMENTS.

Tlte purpose o f this State and City Departmentis to furnish our subscribers with a weekly addition to and continuation of the State and City Supplement. In other words, with the new facts we shall give, the amplifications and corrections we shall publish, and the municipal laws we shall analyze in the “ State and City Department,” we expect to bring down weekly the information contained in the State and City Supplement to as near the current date as possible. Hence if every Subscriber will note in his Supplement on the page designated at the head of each item a reference to the page where the item in the Chronicle can be found, he will at all times possess a complete and fresh cyclopaedia of information respecting Municipal Debts.

Louisiana State Bonds Listed on the New York Stock Exchange.—In compliance with a request made by Messers. Winslow, Lanier & Co., of this city, in behalf of the Board of Audit and Exchange of the State of Louisiana, the new 4 per cent Louisiana consols to the amount of $11,066,600 have been listed on the New York Stock Exchange. The bonds are dated July 1, 1892, fall due January 1, 1914, and interest is payable on the first day of January and July. They are of the denominations of $1,000, $500 and $100 each, being divided in that respect as follows:9,234 b'cls $1,000 each. .$9,234,000 I 3,471 bonds $100each $347,100 2,971 bonds $500 each .. 1,485,500 ITotal amount listed... Il,066,6u0With the admission of the above securities a like amount of “ Old Stamped Four per cent Consols of the State of Louisiana” were taken from the list.

In connection with Louisiana's finances it may be of interest to mention that at a recent meeting of the State Board of Liquidation it was decided that the surplus to the credit of the interest fund now lying in the Whitney National Bank of New Orleans should be invested in consolidated bonds of the State. The surplus amounts to about $400,000, and Gov. Foster) explaining the action of the Board, said: “ The money, while it lay on deposit, was unproductive and of no benefit to the State. It was manifestly to her interest to invest it, and no better form of investment could be found. By taking up the bonds with this surplus the State would save the interest on them at the rate of 4 per cent per annum during their life, and the people would thus derive a revenue, however small from funds which were in their present state entirely unproductive.”

Virginia Debt Settlement.—All the requirements of the Virginia debt settlement have at last been complied with and the transaction between the Commonwealth and the Olcott Committee, representing the foreign bondholders, was closed on July 27th. The delivery of the last of the new engraved securities has been made, and the State’s manuscript bond for $16,259,860 has been canceled.

Bond Proposals and Negotiations.—We have received through the week the following notices of i onds recently negotiated and bonds offered and to be offered for sale.Bellevue, Ohio.—-Village Clerk C. R. Callaghan writes tl ChrontULe concerning $11,10° 0f street improvement bom which were offered for sale on July 18, that bids were r ceived from Lewis Mayer of Lancaster, Ohio, and Jacobs Stewart of N r walk, Ohio, to take the bonds at par, provii ing they secured tne contract for the work. The bonds wei not sold, but will probably be taken by a local bank at pai ... n.ot> tlle village clerk states that the improvement wi°VSr t0 18,'JL -Ti‘e bcmds will bear interest at tl rate of 6 per cent and $7,o00 of the amount will mature in 1 years and the remaining $3,600 in from 9 to 15 years.

Boston, Mass.—(State and City Supplement, page 21.)— Proposals will be received until August 2 by Alfred T. Turner, City Treasurer, for the purchase of 4 per cent bonds of the city of Boston to the amount of $1,000,000. The details of the bonds are as follows:LOANS. W hen Due.

H i g h w a y s —4s J.&J. $250,000.......July 1, 1913

I m p r o v e d S e w e r a g e —4s J.&J. $50,000........ Jan. 1, 1912

M u n ic ip a l P u r po se s—4s A.AO. $100,000....Apr. 1, 1912 4s A.AO. 30 0 ,00 0 ....Apr. 1, 1913

P u b l i c P a r k -48 J.&J. $300,000.......July 1 ,1923The bonds to be issued for sewerage and municipal purposes will be registered; the others may be registered or coupon as desired. Interest will be payable at the office of the City Treasurer.

Buffalo, Wyo.—Charles H. Burritt, Mayor, writes the Chronicle that no bids were received for the $40,000 of water-works bonds offered for sale on July 15. He states that they will now be offered at private sale. They are to bear interest at the rate of 6 per cent per annum, payable annually in July at New York, and will become due July 15,1923, with an option of call after July 15, 1903. The city has at present no debt of any kind. The assessed valuation (which is one-third of actual value) in 1892 of real estate was $204,339; personal property, $180,035; total, $384,374; total tax rate per $1,000, $25, of which amount $4 is State tax, $12 county tax, $6 city tax and $3 average school tax.

Canton, Ohio.—(State a n d City Supplement, page 78.— We are informed by City Clerk H. G. Shank that $45,700 of funding and street improvement bonds which failed to bring satisfactory bids when advertised are now being offered at private sale. I he description of the new securities is as follows:LOANS— When Due.

F u n d in g B o n u s - 4L>s, J&.T, $1-2,000....July 1 ,1908 4tgs, J&J, 13,000... July 1, 1909

St r e e t I m p r o v e m e n t B o n d s—5s. F&A, $6,000____ Alls. 1, 1894$2,000 due yearly to Aug. 1 ,1896

LOANS— W hen D ueS t r e e t I m p . B o n d s — ( O ont.j—

5s, F&A, $9,000.......... Aug. 1, 1897$3,000 due yearly to Aug. 1, 1899

5s, F&A, $7 00..............Aug. 1, 18945s, F&A. $5,000..........Aug. 1, 1895$1,000 due yearly to Aug. 1 ,1899The following is an official statement of the bonded indebtedness of the city of Canton on the 24th day of July, 1893 :

Water w orks.................Sew er............................Current expense.____Fire Department___M arket and City Hall. Market house site.......

GENERAL BONDS.$189,000

140,000 . 87,000. 37,000

19.00026.000

City Hall site..................... $6,000Police patrol system........ 7,000Park..................................... 5,000

Total general bonds___$516,000

SPECIAL ASSESSMENT BONDS.Street Improvements.......................................................................... $250,372

The total value of all property in Canton is estimated to be $30,000,000, the valuation, according to the last assessment, haviDg been over $11,000,000. The city’s population by the Census of 1892 was shown to be 32,176. City Clerk Shank certifies to the accuracy of the facts as given in the foregoing.Chelsea, Mass.—(State and City" Supplement, page 23.)— City Treasurer Thomas B. Frost writes the Chronicle that he is authorized to borrow the sum of $4,500, by special loan payable in 1896, for ventilating and repairing the Cary school building; also $19,700, payable December 1, 1902, $1,100 of which amount will be used for edgestones and the remaining $18,600 for highways. A sinking fund will be established for the payment of this latter loan when due of an amount not less than 8 per cent, to be raised by taxation annually. Mr. Frost states that it is not his intention to offer these notes for sale at present, but will place them some time before the close of the year in an easier money market.Cleveland, Ohio.—(State and City Supplement, page 79.) —City Auditor W. A. Madison writes us that bids will be received until August 18 for the purchase of $285,000 of 4 per cent bridge repair bonds and $247,000 of 4 per cent fire department bonds. The bonds will bear interest from April 1, 1S93, payable semi-annually, and will mature October 1, 1902. Both principal and interest will be payable at the American Exchange National Bank, New York.Columbus, IVis.—City Clerk A. M. Bellack writes the

Chronicle that an election which took place in Columbus on July 12 to vote on issuing $20,000 of bonds for the erection of a high school resulted in tne defeat of the proposition by a large majority.Eastland Free School Incorporation, Texas.—We arenotified by Dallas K. Scott, Secretary of the Board of Trustees, that the $5,000 of school building bonds, to be issued, are now on sale and will be sold as soon as a purchaser can be procured. The bonds are dated Juy 1, 1893, bear interest at the rate of 6 per cent, payable annuallly, and mature in 20 years, with an option of call after 5 years.Fargo, N. Dak.—(State and City Supplement, page 117.) City Auditor, A. O. Rupert, writes the Chronicle that bids will now be received for the purchase of the sewer bonds to the amount of $13,000. The bonds will bear interest at the rate of 6 per cent per annum, payable F. and A ., and will mature August 1, 1912. Both principal and interest will be payable in gold coin of the United States by the Hanover National Bank, New York City.Grand Rapids, Mich.—(State and City Supplement, page 98.—City Clerk W. A. Shinkman notifies the Chronicle that bids will again be received for the purchase of the $400,000 of street and sewer bonds. The loan will bear interest at the rate of 5 per cent, payable M. & N., and will mature at the rate of $100,000 yearly from May 1, 1894, to May 1, 1897.

J uly 29. 189*. J THE CHRONICLE 1 9 1

Both principal and interest will be payable at the office o f the City Treasurer.

Hamilton, Province o f Ontario. Canada.—City Treasurer A. Stuart will receive proposals until October 4, 1893, for the purchase of $3,350,000 o f debentures to be issued by the city o f Hamilton, payable at the expiration o f 40 years, with interest at 4 per cent per annum, payable half-yearly from April 1, 1894. The proceeds of this new loan will be used for the redemption of debentures o f the city maturing April 1, 1894. The total indebtedness o f Hamilton is at present $2,897,305 against $2,510,829 in 1864. showing an increase in the past 29 years of but $386,476, while during the same period the expenditures of the city for improvements of a permanent character have amounted to $2,232,757.

The following statement shows the assessed valuation of real and personal property and the population o f the city in1892 and 1864. „ , ,

,--------------- Xsaemed Valuation.----------------Tear*. Ural. Personal. Total. Population.

1B93 .......#20332,500 *< .«3 3 .l iO 184,465.640 46,7941854................. 71907,400 1,891.000 9.693,400 22,000

In addition to the amount of $24,465,840 which was rated on the assessment roil for 1892, there is property in the city consisting of churches, schools, public library, public buildings, charitable institutions, and property of various other kinds, which is exempt by law from taxation, and is not included in the above-named amount. This exempted property has been valued by the Assessment Commissioner at$4,900,609.

The water-works owned by the city are valued at $1,569,098. and the revenue o f the system ta sufficient to pay 4 per cent interest on a capital of $2,600,000, an amount almost equal to the entire debt of the city.

Full particular* eoncerninij the proposed sale o f new securities will he found in an advertisement elsewhere in this Department.

Hamilton County, Ohio.—(Statk and City StJWSBnwt, page *3. 1—It is reported that bonds of this county o the amount of $90,000. for the improvement o f West Eighth Street and the building o f a viaduct, will soon be offered for sale. The bond* will bear interest at the rate o f 4 per cent, payable annually, and will mature in 20 years, with an option of call after 10 years,

Idaho.—( S t a t e a n d C i t y S u p p l e m e n t . page 133.)—State Treasurer W . C. Hill writes the CHRONICLE that $135,000 of 5 per cent wagon road bond* recently authorized wii! tie sold in small amounts from time to time sis money i* needed for the work o f construction. The bonded debt of the State is $273,- 000; flooring debt, in the shape o f registered warrants. $91.- 286; total indebtedness. $364,286, The present bonded debt include# the following issues:Capital tiutMtn* « * ........ #80.000 I Wagon road 0a.......... . . . . *50,000ran tin g « • .......... ............. 108.000 Wagon toad 5 * ................... 30.0001 «*.#»>•• .%«T 1-1 !:> >;• . ;/'.•)•*• ................

Iron wood. M le i.— Mr. Cha*. W . Curran, City Comptroller, write* the CHRONICLE that the bid o f E. C. Jones -£ Co. for the entire issue o f $150,000 of public improvement tends, o ffered for sale on July 17. WM rejected. The Arm bid par flat with 2l4 per cent commission for placing. The bonds are to te issued for macadamizing street* and paying off a floating indebtedness o f about $40,000. They will bear interest at the rate of 6 per cent per annum, payable semi annually, and $30,000 of the amount will mature on August 1, 1699; $20,000 on August i. 1903; $20,000 on August 1. 1905; $30,000 on August 1. 1907; $20,000 on August 1, 1909; $20,000 on August l. 1911, and $80,000 on August l, 1912. Both principal and interest will to payable in New York City.

Keokuk, I o w a - ( S tate and City Supplement. page 110.) This city ha* been authorized by the Council to refund $16,000 of compromise bond*. The loan will bear interest at the rate of 5 per cent per annum, payable A. & 0>. and will mature at the rate of $2,500 yearly from October 1, 1894 to 1899, and $1,000 on October 1. 1900.

Lin wood, Ohio —Bid* will be received until August 16 by the clerk of the village of Iin w ood for the purchase of $i".- 000 5 per cent bonds. Interest on the loan will be payable semi-annually, and the bond* will mature August 1. 1923, with an option of call after August 1. 1913.

HInneapolls, Minn —(State an d City Supplement, page 106). Bonds o f this city to the amount of $75,000 which were offered for sale cm July 12 hove been awarded to the Comroi*.ioners of the Sinking Fund at par and accrued interest. This wan the only bid received. The bonds are dated July 1.1893, bear interest at the rat*' o f 4 per cent per annum, payable semi-annually, and mature July 1, 1923 Interes' will be payable at the fiscal agency of the City of Minneapolis in New York.

Marlin'* Ferry. Ohio.—Bid* will be received until A u g u s t 11 by the Board o f Education o f this place for the purchase of $8,0*#) of school bonds. The bond* will bear interest at the rate of 6 per cent, payable semi-annually, and will mature at the rate o f $500 every six months from July 1, 1926, to January 1,1932,

Montgomery County, A la.—The citizens of this county will vote on August 7 on the question of issuing $300,000 of road bonds.

Mount Yeraon, N . Y.—( S t a t e a n d C i t y S u p p l e m e n t , page 50.) Bids will be received until August 1 by the Common Council o f Mount Vernon, for the purchase of $6,500 of assessment bonds. The bonds will be dated July 8,1893. will bear interest at the rate o f 5 per cent per annum, payable semiannually, and $3,009 of the amount will mature Juiv 8, 1896, and the'remaining 83,500 July 8, 1898. Prinepal and interest will be payable at the Bank of Mount Vernon.

Nelsonville, Ohio.—Bids were to be received until yesterday at the office o f Eton Wilson, Village Clerk, for the purchase o f $$0,000 o f water works bonds and $20,000 o f sewer bonds. The bonds are dated May 1, 1892, and bear interest at the rats of 5 per cent, payable semi-annuallv. They are issued as provided for bv an act passed by the General Assembly o f Ohio, March 17, 1891.

New York C ity.- ( S t a t e a n d C i t y S u p p l e m e n t , page 50.) —Comptroller Myers wri*e* the C h r o n i c l e that the $100,000 of assessment bonds offered for sale on July 21. were awarded to the Commissioners o f the Sinking Fund at par. theirs being the only bid received. The loan bears imprest at the rate of 3 per cent, payable M. & N., and matures November 1, 1897. The bonds are to be issued for the improvement of Park Avenue above One Hundred and Sixth Street.

The Comptroller is now advertising for bids to be received until August 7 for the purchase of #319.214 64 of consolidated siock of the City of New York, known a* school-house bonds. The bonds will be exempt from city and county tax, will bear interest at the rate o f 8 per cent, payable M. & N., and will mature November 1, 1911.

O rville, Ohio.—Bid* will be received until August 22 by FI. S. Wertz, Village Cl*«rk, for the purchase of water-works bonds to the amount of $2-5,000. Interest at the rate o f 0 per cent will be payable semi-annually, and the bonds will mature at the rate o f $1,000 vearly from 1894 to 1903 and then at the rat.- o f $1,500 yearly from 1904 to 1908. This loan, with interest at the rate o f 5 per cent, was previously offered for sal* on July 18, but as same did not sell, the rate of interest has been changed to 6 per cent. The bonds will be wild to the highest bidder at not less than their par value.

Palo vltu School District, Santa Clara County. Cal.— Proposal* will 1*- received until August 8 bv S. F. Ayer, Chairman o f the Board o f Supervisor* o f Santa Clara County, for tie* purchase o f $15,000 of * -bool di-triet bonds. The bond# will to w interest at the rate of 6 per C e n t, payable annually mi Juiv I. ami will mature at the rate of $2,500 yearly from July 1, 1898, to July 1,1903. Principal and interest will to payable in United States gold coin at the office, o f the County Trea-urvr. No propoaia will be received for the purchase o f said bonds at bass than their par valu-. and each bid tnu»t to accompiuti-d by a certified cheek from a reliable iwnk for ten per cent a t the amount bid for.Philadelphia. Pa.—(-state and C ity Supplement, page69.) —Mayor Edwin 8. Stuart will receive proposal* until August 7 for the pun-huso o f $*75,000 of a $3,500,000 serial loan of the city of Philadelphia, authorised by ordinance of Council* approved February 6, 1898. H ie loan will b-ar interest- at the rate of 4 per cent per annum, payable .1. & J,. and $175,000 of the amount will mature yearly from December 31, 1918, to December 31, 1988, The loan is exempt from all taxes, and no bid will he considered unto* accompanied bv a certified check to the order o f the city of Philadelphia for 3 per cent of the amount bid for.

Pay ill lap. Wash.—In reference to the election which takes place in Puyallup on August 1, to vote on issuing $60,000 of water work* bond*. Mr. William M. Seeman, City Clerk, notifies the C h r o n i c l e that the bonds will bear interest at the rate o f 6 per cent per annum, payable semi annually, and will mature in twenty years, both principal and interest being payable in gold coin o f the Unit**) State* at Puyallup. The city ha* at present onlv a floating debt of $10,390. Its assessed valuation in 1892 < which is 75 p*»r cent o f actual value) of real estate was $1,689,635 ; personal property, $268,6,35 ; total, $1,908,340 ; city tax rate fper $1,000) $ ».

Racine, Win.—( S t a t s a n d C i t y S u p p l e m e n t , page 103 >— Bids will be received until August 16 for the purchase! of $70,- 000 o f improvement bond* of this city.

Saginaw. Mieh.—(St a t e a n d C it y S u p p l e m e n t , p a g e9 9 .)— Sewer bonds of thi* city to th- amount of $60,000 and paving bonds to the amount of $75,000 will soon bo offered for sale.

St. Clair Special School District, Franklin County. Ohio.—We noted in the C h r o n i c l e of April 8. 1893. that the Board o f Education of this district would sell on April 15, $30,000 o f 5 per cent school tends. For some reason an injunction was served on the sale of same, but it has since toon decided by the Court in favor of the bonds, and they will again be offered for sal*. A* advertized before the rate o f interest was 5 per cent, but Mr. W. R. Davis, Treasurer, writes us that same may to changed to 6 per cent. The bonds are dated April 1. 1893, amt will mature at the rate o f $5,000 every 5 years, interest will be payable A. & O ., and both principal "an! interest will te payable by the Ohio Savings Bank. Columbus, Ohio.

St. Cloud, Minn.—The citizens of this place will vote on August 7 on the question of issuing bridge bonds to the amount of $30,000, The bonds will bear interest at the rate

192 THE CHRONICLE. [VOL. LVII.

of 5 per cent, payable semi-annually, and 'will become due September 1, 1923.

Sandusky, Ohio.—(State a n d City Supplement, page 84). Pacing bonds of this city to the amount of $11,000 have been sold to the Third National Exchange Bank of Sandusky.

Shelby County, Tenu.—(St a t e a n d Cit y S u p p l e m e n t , page 161). Five per cent bonds of this county to the amount o f $150,000 have been authorized. They are issued to fund outstanding indebtedness.

South Omaha, Neb.—(State and City Supplement, page 123.)—It i~ reported that bonds of this city to the amount of $27,000 have recently been sold at par.

Trenton. Mo.—Ex-City Clerk D, C. Pugh writes the C h ro n ic l e that the 820,000 of bonds recently voted are now on the market, and that some bids have been received but none have as yet been accepted. He states that the sale will be closed as soon as a suitable bid is received, and that the bonds will be ready for delivery within two weeks. They will be issued to pay off protested warrants and for street improvements, will bear interest at the rate of 5 per cent, and will become due m twenty years, with an option of call after five years. The present bonded indebtedness of the city is $42,000 and its assessed valuation in 1892 was about $1,300,000.

Wallace, Id a h o—City Treasurer O. C. Otterson writes the Ch r o n ic l e in reference to the $30,000 of bonds recently voted, that same will bear interest at a rate not exceeding 6 per cent, payable J. and J., and will mature July 1, 1913, with an option of call after Julv 1. 1903. Interest will be payable at the City’ Treasurer’s office, or by such bank in New York City as the Mayor and Council may designate, at the option of the purchaser. Twenty thousand dollars of the amount will be issued to provide a system of water-works, $8,000 to provide a system of sewerage and $3,000 for the improvement of streets. The city has practically no debt at present. Its assessed valuation (which is about one-tbird of actual value) for 1893 is about $450,000; State and county tax rate (per $1,000) $34 50; city tax rate (per $1,000) $10; average school tax (per $1,000) $7.

Wilkinsburg, Pa.—(State a n d City Supplement, page 71.)—Thisborough has been authorized to issue sewer bonds to the amount of $30,000.

W ilm ington, Del.—(State and City Supplement, page72.) —On July 24 bonds amounting to $100,000 of Wilmington’s new sinking fund loan were sold to Starr & Co., o f Philadelphia, for a premium of $50. A small premium was offered for the remaining $17,500, but we have not yet been advised that the latter proposal has been accepted. The bonds will bear interest at the rate of 4% per cent per annum, payable A. & O., and $5,550 will mature on Oct. 1,1906, $21,600 on April 1,1907, $22,300 on Oct. 1,1907, $22,900 on April 1, 1908, $23,650 on Oct. 1,1908, and $21,500 on April 1,1909. Thesecurities are issued to refund loans 21 and 22, to the amount of $117,500,which become due and payable on Aug. 1,1893. The fact that a premium was offered for these 4% per cent bonds at a time when the market for new municipal loans is so extremely poor is a matter of considerable satisfaction to the Wilmington officials, as showing the high credit which their city enjoys.

W ilm ington, Ohio.—Bonds of this city to the amount of $10,000 have been authorized by the Council for improving the city hall.

Yonkers, N. Y.—(State and City Supplement, page 56.) — James H. Weller, Mayor, will receive bids until July 31 for the purchase of $50,000 of tax-relief bonds. The bonds will be dated August 1, 1898, will bear interest at the rate of 5 per cent per annum and will mature April 1, 1894. They will be delivered and payment required on August 1, 1893.

— A T E A N D C r T Y D E B T C H A N G E S .We subjoin reports as to municipal debts received since the

last publication of our State and City Supplement. Some of these reports are wholly new and others cover items of information additional to those given in the Supplement, and of interest to investors.

Delaware— W ilm ington.—(State and City Supplement, page 72.)—B. G, Shortledge, Mayor. The following state-

N E W L O A N S .

T E N D E R S

F O R D E B E N T U R E S .

Tenders addressed to the Treasurer o f th e C ity o f H a m ilto n , P r o v in c e o f O n ta r io , C an ad a , and marked “ Tender fo r D ebentures” will he received by the undersigned up to 12 o ’clock, noon , on W ednesday, th* 4th day o f October, A . D. 1893. for the purchase o f §2,350.000 o f Debentures, to be issued by t he Municipal Council o f th e Corporation o f the said City o f H amilton, payable at the expiration o f *10 years, with interest at fou r per cent per annum, payable half-yearly from 1st April, 1894. Principal and interest may be made pavable in Ham ilton, Ontario, or in Great Britain, or elsewhere. T h e D ebentures may be expressed in sterling m oney o f Great Britain, or currency o f Canada or o f the United States, or in gold, or p a r ly in each, and in such sums as the purchaser m ay desire. Parties tendering m ust state in their tender in w hat currency. in what sums, a d where they desire the Debentures and interest to be m ade payable, and th e net am ount which will he paid fo r said D ebentures, f ree from exchange and all other charges. The purchase m oney o f said Debt ntuves to be paid as fo llo w s : £201,000 Sterling in London, England, and ihe balance in said City o f H amilton, each o f such payments to he made on the 26th day o f March, A . D. 189-1. The highest or anv tender not necessarily accepted, a copv o f financial statement may be obtained at the City Bank, London, England, or from the undersigned.

A . S T U A R T ,■ , C ity T r e a s u r e r .H amilton , June 27th, 1893.

NOTICE OF SALE OFT O N A W A N D A B O N D S .

The Treasurer o f the Vllla«e o f Tonnwanda, Brio County, N. Y „ will sell at the Connell Chamber, on North i'anal Street, In the Village o f Tonawanda, N,

n i ho Slat day o f .Inly, 1803, at tw o o ’clock in the aft enuu in, on e hundred and two bonds o f the Village o f Tone wanda, aforesaid, each in the average sum o f trae thousand dollars, and bearing interest at the rate of six per cent per annum, to the highest bid- dor. Sealed proposals will be received for the purchase o f said bonds Oil or before the day o f sale. No bids for the purchase o f bonds for less than par and accrual interest will be received or considered The said bonds will be dated Augn-t 1 .18BS, and will be paya' le, 10 o f them in each o f the rears last 1895. 1890, 1*07. 1898, 18P0, 1800,1901, and i t o f them in the years IPOS and 1 DOS, on 'h o first, day o f July in each year hereafter tor 10 years. Said bonds are issued to secure money to pay for improving certain tmrtlons o f Delaware. Nortluinrt South Canal Streets within the \ iilniro o f Tonawanda. pursuant To an act passed by the Legislature o f the state o f New Vork in 1892. entitled " An Act authorizing the Village o f Tonawanda. Erie County. N. Y ., -o take lands necessary, and-to lay out and improve, or alter and im prove public parks, grounds, streets, lnnes. allevs and public places therein, ’ The said Treasurer reserve* the right to reject any and all bids which m aybe

, m ade at said sale,

ZPalea, Jiily 13,1808, ^ m ^ Y i l ^ o T r e ^ ig r e y ,

N E W L O A N S .

NOTICE.City of Austin, Texas, 5 Per

Cent Bonds.Referring to the advertisement of John McDonald, Mayor of the City of Austin, Texas, offering for sale on or before August 1st, 1893, §450,000 of City of Austin Water-Works & Electric-Light 5 per cent Bonds, we desire to inform the general public that notwithstanding the fact that the said City has a contract, which still has many years to run, with the Austin Water, Light and Power Company, it has announced that the proceeds of these bonds will be used in building opposition water and electric-light works—indicating thereby its intention to annul said existing agreement. As such action is imperilling the interests of the bondholders of the present water company, we, as their representatives, are orepared to institute vigorous legal proceedings in the United States Circuit Court of Texas, and at the proper time to enjoin the City of Austin, from prosecuting said work. If necessary we are determined to carry our case up to the United States Supreme Court, in view of this condition o affairs, we deem it proper to warn all investors and intending purchasers of the litigation which is in store for the City of Austin. SAMUEL B. HUEY, Chairman,545 Drexel Building, Phila.

JAMES B. FRY,30 East 63d St., New York.WILLIAM CHECKLEY SHAW, Fisher & Shaw, Bankers, Balt.

Bondholders’ Committee.

INVESTMENT BONDSF O R SA F E .

L I S T S ON A P P L IC A T IO N ,

M em bers o f th e N ew Y o r k a n d B o s to n S to ck E xch an ges*

DEALERS IN

COMMERCIAL PAPER.

Blake Brothers & C o .,28 S T A T E S T R E E T , B O S T O N .

£ NASSAU STREET, NJSW VORK..

FINANCIAL.

GOLD BONDS.P r o v id e n c e , R . I . , . . . . 4 sS t. L o u is , M o . , ......................................4 sD u lu t h , M in n .............................................. 4% sG r e a t F a l ls , M o n . , . . . . 6 sS a n ta B a r b a r a , C a l ., . . . . 5 sC la lla m C o ., W a s h ...................................... 6sS a lt L a k e C ity S tree t B y . , . . 6sM e t r o p o l i t a n S tree t B y . , D e n v e r , 6 s The above are payabh^ principal and Interest In

Write for full description and price to

V. H . Rollins & Sons,N e w Y o r k C ity , 3 3 W a l l S treet*

B o s to n , Ha**-., E x ch a n g e B uildin g*

C IT Y OF ST. LOUIS

Gold 4s, Due 1918.B on d s l is te d on N e w Y o r k S to c k E x ch a n g e ,

L e g a l In v e stm e n t f o r S a v in g s B a n k s a n d T ru s te e s in N e w Y o r k S ta te .

Farson, Leach & C o.,2 W A L L S T R E E T .

Lists of Investment Bonds Mailed on Application.

W. J. Hayes & Sons,BANKERS,

Dealers in M UNIC IPAL BONDS.Street Railway Bonds and other high grade investments.

311-313 S u p e r io r S t . , 1 0 Wall Street, y Exchange i>la^ ioBton New York.

Cable Address, “ KENNETH.”

Edward Morton & Co.,53 Broadway, New York.

Specialties sMUNICIPAL,S T B E E T B A I U W A Y B O N D S

STOCKS,

July 29. 1893,] THE CHRONICLE. 1 9 3

ment concerning 'Wilmington’s debt, valuation, & c ., has been corrected by means of a special report from Joseph K. Adams, City Treasurer. An item will be found among the foregoin g ‘ ‘Proposals and Negotiations" which gives particulars regarding the sale o f a new per cent sinking fund loan to the amount o f $117,500 issued to redeem the 6 per cent funding loan due August 1, 1893.

The City of Wilmington is in New Castle County,LOAN3-

6AME AND PURPOSE.Board o f Kdne. loan No, 24

do dodo dodo do

Funding loan,.,do

Park loan..........

Intere*t.- P. Ct. Payable,

6 J & Jdo No. 28 ti K A Ado No. 28 ti i f A 8do No. 30 4 la F * ANos. 21-22 6 J A J ___No. 29 4 la M & S )

.......No. 33 3>a A A

-PrincipaL-

Staklng fund loan 1892 ... 4 A AStreet and sewer bonds___ 4% A A

do do ---- 4% A Ado So _______ 4 A Ado do . . . . 1 A Ado do ___ -i A Ado do ___ 4 A Ado do ___ 4 A Ado do ___ 4 A A

6 J AWater loan (reser.) No. 25 do (r t » r .i No. 26

W A en D u e .Jan. 1, 1894 Feb. 1, I - .C Sept. 1, 1890 A u k . 1 . 18 9 3 Auk. 1. 1893

Nov. 1 . ’93-1904 #7.000 yearly. 101.5 t« 1917

part each year. 1902 to 1906 part seuiian. Apr. 1. 1921 Oct. 1, 1921 Oet. 1. 1918 Apr. 1, 1919 Oct. 1, 1919 Apr. 1. 19*20 Oct. 1, 1020 Apr. 1. 1921

July l . *93-1908 r

OaWand'g.$30,000

26,00024,0005,000

117,500J 84,000

s ( Sent ‘93 to 1911 i ’ * 8 > •*.500 ycarlv. {

do twaer.s No. 27 5 F A A - ■ - - —do .......... No. 31 4% A A Odo ............. No. 32 4 A A Odo ............. No. 32 3«® A A 0

Water Street loan No. 21 6 M A XBal. o f sinking fnnd loan . —

TOTAL DEBT, ETC. -The subjoined statement Wilmington',total municipal debt and the water debt on July 1,1893, and In 1890.

July 1.1893. 1890.Total funded debt tlnelndln* water d e b t !........81.675,813 $1,416,800Water debt included in above total. ................ 531.000 616,000

The net indebtedness o f the vtty IB 1680 wa* #1,372,450.ASSESSED VALUATION.—The assessed valuation o f real estate

for 18931s #35.000.000; In 1891 It was #33,813,543; In I860. $23.-

86,000 yearly, <cpt. ‘93 to 1911 Kl.500 yearly Feb. 1. 1697

150.000149.000

45,40029.600 12,150 43,900 45.25046.600 48,050 . 4,050 92,000

var. 1913-1914 Oct. 1. 191fl-‘23 var. 1914-1918 July 1, 1994

65,500150,000

60,00025.00060.00020,000;

369.150

200.000. Property Is assessed at about % its actual value. Personal property is not taxed. For 1393 the city and school tax rate per 81.000 is $15 00 ; county tax, $4 50; the total tax rate per $1 000 in 1891 was $18-50; in 1880 it was $14-90.

POPULATION .—In 1890 population was 61,431; in 1880 it was 42.47S; In 1870 It was 30,841.

Maine— Bucksport.—St a t e a n d C i t y S u p p l e m e n t , page 11.)—The following detailed statement of the financial condition of Bucksport has been received from W. Rennick, Town Clerk:

This town is in Hancock C-ounty.LOANS- IVAen Due.

Refunding ER. Bonds—Is, JAJ. $120,000......... 1894-1933Bonded debt June 1. '93.$120,000 Tax valuation, real.........641,9*27

Tax valuation,personal..$373,554 Total valuation, 1892. .$1,015,481Total tax (per $1,000).........$24-10Population in 1890 w as... . 2 921 Population in 1880 w as...... 3,017

A certain amount o f the above bonds becomes due each year from July 1,1394, to July 1,1903, artor wtiioh date the bonds are payable at the pleasure o f the town until July 1 , 1933,

INTEREST Is payable at Boston, Mass., and at Bucksport.Texas— Williuuisou County.—W e give below a statement

of the debt, valuation, etc., o f this county, which has been received this week from S. K, P. Jackson, County Treasurer. No report from this place appeared in our recent Supplement.

County seat is Georgetown :LOANS— When Due,

B r id g e B o n d s —6ft, Apr., $10,000... .Apr. 2*2, 191*2 m , Apr.. 13,000— July 15,191.2 6s, Apr., 20 ,000 ... .AUK. 20. 1912

Co u r t H o u s e B o n d s—fe , Apr., $6,000...... F.'h- 1*2,1900

J a i l B o n d s —(!«, Apr., $16,000— June 20,1903 Interest payable at Stab) Treasury.

O P T IO N A L .—All o f the county's bonds arc subject to call.TAX FREE.--Bond# issued by the county arooxetupt from taxationV irginia— A lexan d ria .—(State and C it y S upplem ent ,

page 152.)—H. Strauss, Mayor.—The following statement of Alexandria’s debt, assessed valuation, etc., has been corrected

Total debt June 23, *93. $67,000sinking fund................ i 500Net debt June 28,1893. 65,500Tux valuation, real....... 7,760,715Tax valuation, personal 3,999,925 Total valuation 1892... 11,780,640 Assessment Is 3-5 actual value.State tax (per $ 1 ,000) .......... .$2*75County tax (per $1.000)......... 3*80Population m 1890 was .25,909

C H IC A G O .

Geo. A. Lewis & Co.,B A N K K B S ,

132 LA SALIH S H T H B E T , C H IC A G O .

W e m ake a cpeela iiy el

MUNICIPAL BONDSa cu ta * the Investor 4 to 6 Per Cent per

Litt o f Secsrttier mailed upon application.

COfMUB»*ONDSNC* INVTTBD.

J. 8 . H * t m . Member New York Stock Bxehacge u. M. Cmutmam, Member Chicago Stock Rreheu*c

Breese & Cummings,BANKER** AND R K O K KR6,

111 AND 113 miONROK STKEKT,CHICAQO

r ecu mice Ucted in New York, Borneo or Cinecce certied on eoncemtiiva manrm*.

4 , 0 , SLAU G H TER . Member N, T. stock Ex c o x a * . (YM. ▼ . BA K E R , Member Chloeeo Stock Exchange

A. O. Slaughter & Co.,B A N K E R S ,

11 1 -1 1 3 L A a A 1, 1, K H T R K K T ,

CH ICAG O , ILLk.Chicago Heeerltlee Bought and Mold,

Loeb & Gatzert,M O R T G A G E R A N K E R S

H i L A N A L L K S T K E K T , C H I C A G O .Diet Mortgagee for n ie In (anteend email amonoU.

oetun* larectore * and* per rent, eeenred or Improvad and Income-bearing Chicago cllr property.

Principal and Jnlerect payable In U old .amRWIPONIilSNC* SOLICIT*!).

TH OM AS B R A N C H Ac CO.,BA N K* « 8 ANT) BitOK BUR

R I C H N I W B , V IH O IN IA .Invevtmeot SecnrHtec a Beedaity. Private Wlr

to New York.

U H IC A C O .

Tide Guarantee & Trust Company

O F C H I C A G O ,»!#. » 4 Ac » « w a m h i n o t o n h t h k k t .

C apita l, paid .on .................S I , BOO, 000Undivided earninee, Ineledln*

aarpinc...................................... . 3 3 9 ,0 0 0Depeatted w ith s ta te Auditor . 2 0 0 ,0 0 0

OUAKANTBftft TITLE)* TO REAL ESTATE.MAKES ABSTRACTS OP TITI.lt.

Offers Inveelera In real eetnte aeenrttlee proiectlon afforded by ne ether eyeteai at dein* heelneee.

U asthorued by law to act u Hentlatrmr of Stock* and Benda. B u m tor. Roeetver and Trmetea for Kcsatac, Syndicate*, Icdtrtdaale and Corporation*.

Tract aeneye and tract ceenrtuea kept repentt* from the wmmkc o f the Company.

CORKSMPONUKNCB MOL1C1WBD.omciBB

GWYNN GARNETT. Prealdmu.A. B. 8ELLS3W. Vtoe-Pracideni.

ARCHIBALD A. STEWART, Secretory.CHAR JL LAK&ABKK, Treagorer.

PRANK IL SELLERS, Tract OBoer.D1 HECTORS:

Owyun Barnett. Chas. W. Drew.W. D. Kertoot. John P. Wilcon,Horace 0 . Chan*. Bdaon Ketth.

Sampel B. Chaas.OOUNSKLs

Z - S . t t ’ JPhOP.WIltoM

MANAGER WANTED.W# wish to contract with a good, live toan te

reprecent ua In each large town auil city 111 meUnited S ta te . To such we can offer a permanent, paying and legitimatebupioee*.

Our Company 1* In the hue o f Building Loan AsftoclaUon#, with the beet feature* and wltt out the rick# anil expense* o f each. Wo fee1 coslident that we can afford the beet and cafeet Investment* tn thle line ever offered. Write and see.

Chicago Co-operative Construction Co,

R o o m a 0 1 6 -6 1 8 R ia l t o B u i ld in g , C H IC A O O , IL L

C H IC A G O .

The 'EquitableTrustCompany

1 8 5 D K A K B I I K K N T ., O H I O A O O .

CAPITAL, PAID UP,SURPLUS, ------------

~ - $500,000 _____ - - 50,000

AUTHORIZED BY LAW TO RECEIVE and ex. rente trust* o f every character from court*, corporation* and Individual*. Take* entire charge of entotec, real and cer renal. Act* a< agent for the reglctra- tton and tranefer o f bond* and ctock* and the nay- mast of couponc. uitarect and dividend*. A lead depoeltory for conn and trout fund*.

I NT BURST ALLOW ED ON DEPOSIT 3 of money, which may be made at any Ume and wlts.,rawn after a«e day*' uotire, or at a axed date.

TRUST FUNDS AND TRUST INVESTMENTS are kept .separate and apart from theaccetoof tha company.

DIRECTORS:AZEL r. HATCH. CHAS. B. HULBUKD,M. W. KERWIN, OBO.N. CULVER.HARRY RUBENS. MA UR1CB ROSK.NFKLD.J. R. WALSH. 8 AM URL D. WARD,

OTTO YOUNG.

o r r ic is M :J. R. WALSH. President.

CHAA H. BULBUKD, Ylw-Preetdent.SAMUBL I). WARD, Treasurer,

LYMAN A. WALTON. Secretary

Illinois Trust & Savings Bank.

C H ICAG O , IL L .C A P I T A L AND HU ttP L PH, - 8 3 ,5 0 0 ,6 0 0 „

INTEREST ALLOWED ON DEPOSITS.This Ball* i» du-retiy ouder tn* Joncdtctlon an*

•apervidon of the wate of llliuou, t» a LEGAL OEPOSITORY for Ooare Moneyf, and tcanthorUtod w -N ca TRUSTEE, EXECUTOR, REtTBIV BR and ASSIGN KB for ESTATES, l.NIJl VIDUA at* CORPORATIONS

OFFICERS!John J. Mttcnell, Pre

John B. Drake, > Ice-Precideot.Wm. II. Mlichell, Second Yioa-Prectdem,

Wm. H. Reid, Third vice t*recid«ni Jmmm 8 0i*b*. Cwb'r. B. M. VtimUtU, A** t Caih'f

OiaSCTOESJohn MeVufferT. John B. 0rii«*Wm. IL MHchelt.

W tu. i i . kVt* ui,Joan J. M itch#

J. C. McMolliiwp. a i S S f 1 Armn°r*

THE CHRONICLE. tVoL. LVII,to date by means of a special report to the Chronicle from City Auditor E. F. Price. Mr. Price writes that the population this year, as indicated by the school attendance, is about 16,500. The fact that 300 new buildings have been erected m the city during the past twenty months is also good evidence of growth.This city is the county seat cf Alexandria County.

R e g is te r e d Coupon B onds, 1879.

J194_________________________

LOANS— When Due.R e g iste r e d Coupon B onds, 1872. 6s, JAJ, 1)138,000........ July 1, 1902

3s.' *J&J, $771,400...... Inly 1,1909•After July l,1894 iu t.a t365p .o .% iKVti, TVii.ti'n;......... o iiij J >-----

Cortilieutps outstanding $105,832; o f this amount $100,100 is the property o f tins sinking fund.

INTEREST l» payable in Alexandria and all the bonds carry tax- reocivalilo coupons.

T O T A L DEBT, E T C .—The subjoined statement shows Alexandria’ s total bonded debt, and the sinking fluid held by the city against the same, on the first o f July o f oach o f the last three years.

1893. 1892. 1891........$915,832 $918,698 $921,564

99,759 91,256Total bonded debt................................ ^aio.eoaSinking funds........................................ 101,100

Net bonded debt.............................. $814,732 $818,939 $830,308Special assessment debt.................. $3,990 $5,460 $6,930

The city has no water debt. The sinking fund receives about $5,000 yearly.

ASSESSED VALUATION.—The city ’s assessed valuation (about o f its actual value) and tax rate have been as fo llow s:

Real Personal Total Assessed City TaxTear Estate. Prtrperty. Valuation, per $1,000

1893 .................$3,816,000 $1,012,000 $4,828,000 ............1892' ................ 3,715,000 999,890 4,714,890 ............1891 .................... 3,560,000 913,000 4,473,000 $18’00

DEBT LIMITATION.—The Legislature in 1879 limited the city debt to amount existing when funded in 1879.

TA X FREE.—All bonds and interest certificates issued imdor the act o f February 29 1879 are exempt from city taxation.

POPULATION (about 67 per cent white and 33 per cent colored) in 1890 was 14,339; in 1880 was 13.659; population in 1893 (estimated) 16,500.Vermont.—(St a t e a n d Cit y Su p p l e m e n t , page 15.)—We give below a statement of tbe financial condition of Vermont, which has been corrected to date by means of a special report received from Henry F. Field, State Treasurer.

LOANS— -— Interest.— . ,------------Principal.-----------.NAME AND PURPOSE. Rate. Payable. When Hue. Outstand'g.Agricultural College F u n d ___ 6 J & D June 1, 1910 $135,500Floating debt July 1, 1893............................................................ 22,489State school tax to b e distrih’d 5 ......................................... 87,621

do highway do do 5 .......................................... 87,587INTEREST is payable at the State treasury.TOTAL DEBT, Et c .—The total debt o f the State on July 1, 1893,

was $197,697. On the same date the total resources were $780,- 137 99, including cash on hand and in banks $192,025.

ASSESSED VALUATION.—The State’s assessed valuation and tax rate have been as fo llow s:

PersonalTears. Real estate.1892......... $109,947,5511891......... 108,379,7511890......... 112,895,1251889..................................

property. $65,226,'972

64,984,118 65,157,388

Total assessed Tax rale valuation, per $1,000

$175,174,523 .........173,363,869 2 '30178,052,513 .........176,706,008 2 0 0

The tax rate for 1893 w ill be $2-50 per $1,000, which includes State- school and State highway taxes o f 50 cents each per $1,000, collected and re-distributed to tow ns on a basis o f the number o f schools and road mileage.

West Virginia—Huntington.—(S t a t e a n d C i t y S u p p l e m e n t , page 156). The statement of Huntington’s debt valuation, &c., which is given below, has been corrected to oate by means of an official report sent to the C h r o n ic l e by City Clerk J. N. Potts. The facts are of especial interest just at present, as the city is advertising for bids os 6 per cent 30- year paving bonds to the amout of $25,000 and 6 per cent 30-year sewer bonds to the amount of $50,000. The city is in Cabell County.

Bonded debt July 1,1893. $112,000Sinking fu n d s.-................ 9,000Tax valuation 1893......... 4,250,000Tax valuation 1892......... 3,800,040Actual valuation (est.)..10,000,000Population in 1890 was.......10,108Population in 1893 (loc’ l est.) 15,000

LOANS— When Due.Paving and Se w e r Bonds—

6s, Oct. 1, $82,000____ Oct. 1,1921School Bonds—

5s, Aug. 7, $15,000 '.. .Aug. 7, 1901 Subject to cu ll Aug. 7, 1896

5s, Mar. 13, $15,00 0 .Mur. 13. 1910 Subject to ca ll Mar. 13,1900

The school bonds, as set out above, aggregating$30,000, and included in the total indeb tedness o f $112,000, were not issued by the city of Huntington, and, strictly speaking, do not constitute a municipal debt; but the school d istrict covers tlie same territory and embraces the same subjects o f t axation as the city.

INTEREST on the school bonds is payable in H untington; on all) other bonds intern st is payable in New York.

The city's adv ertisement o f the new loans will be found elsewhere in this is me.

PACIFIC COAST.___________ t_______________________

Merchants N ational BankOF S E A T T L E , W A S H IN G T O N .

UNITED STATES DEPOSITARY Angus Mackintosh, Pres. | Jno. B. Agen, Vice-Pres.

Wm. T. Wick ware, Cashier.Capital, £200,000 | Surplus, etc., £40,000

Interest-bearing Certificate* of Deposit. Superior Collection Facilities.

Correspondence Solicited

FINANCIAL.

IFISHER & SHAW,.

B A N K E R S ,

Members Balt im ore Stock EaDkaam),

FINANCIAL.

CHOICE INVESTMENTSIN

Street Railroad and Mu nicipai Bonds.PRICES TO SUIT THE TIMES.

1 Corrrespondence invited.

Tacoma National Bank,First National Bank in the City,

TACOMA, WASHINGTON.

B A L T IM O R E , M B . Lamprecht Bros. & Co.y45 W A U U S T ., N E W Y O R K .

C L E V E L A N D . B O ST O N -Paid-up Capital.............................. £200,000Surplus............................................... £100,000W. B. Blackwell, Prest. H. O. Ftshback, Cashier. John Snyder, Vice-Prest. I. M.Heilig, Asst. Cashier

General Banking Business Transacted. Special Attention to Collection*.

SAN FRANCISCO.

The First National BankOF SAN FRANCISCO, CAL,.

UNITED BTATB8 DEPOSITARY. C A P I T A L , . . . 81,300.000SU R PL U S , . . . 8850,000s. a. Murphy, Preildent. E. D. Morgan, Cashier J A IU S Moyhtt, V.-Pres. Q. W. ELldcs, A«it. Cash.

G E N E R A L BANKING! BUSINESS. ACCOUNTS SO LIC ITED .

Merchants National BankT A C O M A , W A S H IN G T O N .

(OLDEST BANK IN THE CITY.)Interest Paid on Time Deposits.

C ap ita l ................................................ £250,000Surplus and Undivided Profit*......£100,001Correspondence solicited. Collections a specialty.

ESTABLISHED 1866

Eugene R. C o l eS T A T IO N E R AND P R IN T E R .

Supplies Banks, Bankers, Stock Brokers and Co porations with complete outfits of Account Booi and Stationary.

ISP” New concerns organising will have then orders promptly executed.

No. 1 W ILLIAM S T R E E T .HANOVERBQUAREJ

MUNICIPAL SECURITIES T H E

OFP IT T S B U R G AND VIC INITV

Dealt In by

Jas. Carothers,9 0 F O U R T H A V E ., P IT T S B U I EG, F A .

M O R TG AG E LO ANSIN

T E X A S .« Per Cent and 7 Per Cent 1 Set.

NO COMMISSIONS charged borrower or lender until loans have proven good. ,

FRANCIS SM ITH & CO.,SAN ANTONIO, T E X A ) i .

Lewis Investment Co.,DES MOINES, IO W A .

CAPITAL PAID UP, - 1150,000.Choice Investment* In the most Conserva

tive Fie ld In the West*

SIX PER GENT Guaranteed First Mortgages on Improved land*

in Iowa and Eastern Nebraska. Safe and Desirable

Fifteen Y e a r s ’ Successful Experience. Send for Pamphlet.

W. A. HOTCHKISS, HEO. H. LEWIS,Secretary. President.

Geo. M. Huston & Co.A. G. Becker

Successor to

H E R M A N S C H A F F N E R & CO. ,

COMMERCIAL PA PER,100 Washington Street, Cli licago, 111.

Jamieson & ( >o.,STOCKS—B O M IS,

Members New York and Chicago Stt KJk Exchanges. 187 D E A R B O R N S T f

C hicago, 111*.Private wire to J, iork • .Flhlladtfiphia,

B O N D A ND S T O C K D E A L E R SWe buy and sell outright all Western

Municipal Bonds ana 8tocks. We cheerfully furniBh full and reliable information concerning any Western security without charge. Monthly quotation circular mailed to all applicants.New Issues of municipal bonds wanted.

305 P IN E S T R E E T , S T . L O U IS , »©*.-

Hackett & Hoff,KEAL ESTATE AND INVESTMENTS,

9 6 M ich ig a n . , M ilw a u k e e , W is .First Mortgages on Improved Milwaukee Real

Estate, bearing six and seven per cent Interest always on hand. No charge to the investor for collecting Interest or looking after taxes and fire lnsur ance. Absolute security.

AND W HUNT'S MERCHANTS' MAGAZINE, VOL, 57. JNO ...

Documents

Transcript of AND W HUNT'S MERCHANTS' MAGAZINE, VOL, 57. JNO ...