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HUNT'S
MERCHANTS'
^
te
MAGAZINE
& I tj lipwsuasji;
WB™o THE INDUSTRIAL AND COMMERCIAL INTERESTS
VOL. 12.
SATURDAY, APRIL 1, 1871.
CONTENTS.
THE CHRONICLE.
and
—
The Banks
Process
A New Pacific
Funding
the
7
—
Steam
OR THE UNITED STATES.
Railway
Power for Canals
I Changes in the Redeeming
389 [ Agents of National Banks
390 ! Latest Monetary and Commercial
391
English News
392
393
Breadstuff's
Railroads of New York
Commercial and
News
THE BANKERS’ GAZETTE AND RAILWAY
Railway Stocks,
U. 6. Securities, Gold Market,
Foreign Exchange, New York
City Banks, PhiladelphiaBanks
Monev Market,
National Banks, etc
396
MONITOR.
401-2
j Railroad,
Canal and Miscel¬
laneous Stock List
403
Railroad, Canal and Miscelaneoue Bond List
404-5
397
4 00 |
COMMERCIAL TIMES.
Commercial Epitome
406 I Groceries
Cotton
407
409
Breadstuff s
394
Miscellaneous
Railway News
Quotations of Stocks and Bonds
THE
394
|
41
.
Drv Goods..
organizing, and the demand for the currency sixes would be
much increased if the
compliance of Mr. Boutwell could be
secured. In anticipation of success the
price has been run
up
2 per cent; which is an easy process, as these bonds are
hands, and the floating aggregate is small. The whole
in few
issue to all the roads amounts but to
sum the banks have
deposited at
.7.7.7.’.*.7.7.’ .*! .*‘ !41°
7!77777 412
864,618,832.
Of this
Washington 818,499,000,
Savings banks and Trust Companies hold some 27 millions, and
capitalists hold for permanent investment 10 or 12 millions.
Hence there
Prices Current
NO. 801.
millions.
not
are
This
more
sum
is
so
of these
bonds afloat than 8
Or
small that Mr. Boutwell has
n
9
ot
it desirable to
change the rule of the Department. The
public and the majority of the banks acquiesce in the decision
Those who hold the bonds,
however, have published a
ThbOommeroial and Financial Chronicle is issued
has
had
a
pamphlet
which
wide
Satur¬
circulation, and contends
day morning, with, the latest news up to midnight of every
that Mr. Boutwell, by the terms of the
Friday.
currency law, is boun d
TERMS 07 SUBSCRIPTION—PAYABLE IN
to accept from the banks
ADVANCE.
any and all registered governmen t
Tax Oommjiboial
Financial Chxoniolx, delivered
by
carrier
bonds
as
tooltysutflcribers.ana mailed to all other*, (exclusive of
security for bank circulation, and that by the cesea postage,)
ForOne Year
seen
<£i)e €l)rontcU.
.
ihd
,
For Six Months
$10 00
6 00
7he Chromclx will be sent to
subscribers wUU ordered,
by Utter.
Postage is 20 cents per year, and is paid by the subscriber atdiscontinued
Ms own post-office.
william b. dana,
WILLIAM B. DANA A
f
OO.,
owi 0. xloyd,
Publishers,
jr. S
79 and 81 William Street,
NEW YORK.
Post Oxfiob Box 4,592.
Mr. Alex. Holmes is onr
only travelling agent.
tion of his late controversy with the Pacific roads relative to
the interest, he cannot discriminate
bonds, but must accept them
Twenties
on
agamst those subsidy
just the same terms as Five -
Ten-Forties.
0T" The Publishers cannot be
responsible for Remittances unless made bj
or Post-Office
Money Orders.
To this Mr. Boutwell replies that
the argument misrepresents both the intent of the law and
the settlement with the Pacific Railroads. The
ty A neat file for
law intended to create
Drafts
holding current numbers of the Chronicle is sold at the
office for 50 cents. Volumes
bound for subscribers at $1 25. The first
second volumes of the
and
Chronicle are wanted
■
■
by the publishers.
■
changes have been
ments of
PROCESS.
made in the
Mr. Boutwell which
appear to
the financial firms whose more
active
funding
market for the
so
insignificant
no
war
debt of the gov¬
part of that war debt.
as not to
justify
any excep¬
tion in their
arrange¬
give satisfaction to
co-operation was de¬
sirable.
Currency
a
The Pacific bonds form
And the amount is
.
TEE BAMS AM THE FUNDING
Some
ernment.
or
are
banks
favor, especially as the parties to be benefited
whose privileges in regard to circulation should not
be extended unless in view of
to the Pacific
The result has been to stimulate
make the success of the
great public benefit. As
Railroads, the recent settlement simply decided
some
subscriptions, and that the government had chosen the wrong remedy, and had
negotiation certain. The funding acted contrary to law in withholding the sums due the com¬
process has also been accelerated
by the continued ease of the panies on account of transportation. Several questions as to
money maiket, and by the certainty that no more of our Gov¬ ultimate
payment of principal and interest remain in abey¬
ernment fives can be had on such
good terms as those now ance, and appear likely to be adjusted hereafter very satisfac¬
offering. There are some rumors of approaching
activity in torily by the government transportation being more fully
the
money market; and a few of the speculative
cliques are made to pass over these roads so as to cover all the interest
said to be
preparing to lock up greenbacks with & view to take and more.
advantage of the April drain of currency and deposits to the
Still it must be conceded to these banks that section four
interior. These rumors do not
of the National Currency Act declares that the term ‘’United
seem, however, to disturb con
fidence or
to
to
Ms agents.
embarrass the movements of Mr. Boutwell and
The sudden rise in
States bonds ”
as
used in said act “ shall be construed to
mean
government bonds on Thurs¬ all registered bonds now issued, or that may hereafter be
day, with other movements at the Stock
Exchange, afford issued, on the faith of the United States, by the Secretry of
conclusive evidence of the small
weight attached to the the Treasury in pursuance of lawthat section five of the
prognostications of coming trouble.
act of July 1, 1862, to aid in the construction of the Pacific
Some of the banks have taken
the opportunity of this im¬ Railroad, directs the
Secretary of the Treasury upon certain
proved aspect of affairs to
urge Mr. Boutwell to allow the conditions to issue to the company constructing said road
bix per cent
Currency Bonds, granted to the Pacific railroads, “ bonds of the United States and that on comDaring the
to
be
at
Washington,
deposited
security for currency with the Department bonds so issued with other bonds of the United States, conThere are a large number of new banks cerning which there is no
question, we find the indebtedness
as
GHKON1CLE.
THE
390
acknowledged and their obligations to Confederation.
the Dominion
certain sums of money upon certain conditions, ex¬
of the United States
pay
[April 1,1871.
In the
the
unsatisfactory state of
the finances of
opposition is very active, but its sue***,
is doubtful.
pressed in the same words in both classes of bonds, attested
The railway will be 2,500 miles
in both cases by the seal of the Treasury Department, and by
long. It is to be begun
in 1873 and finished
by 1881. The work is to go on simul.
the signature of the Register of the Treasury. Still all this being
oonceded, the question arises why did not the National banks taneously at both ends. By the new route British Columbia
is to be connected with the Canadian
railways by a road
bay these bonds when they were first issued, and were selling
which will give England a short
at very low prices?
path to India and China
The answer Mr. Boutwell gives is that
over her own
territory
and
these are “ currency ” bonds and not “gold” bonds. They
subject to her exclusive control.
The route has not been fully
are not redeemable in gold.
They run for a quarter of a cen¬
surveyed as yet; but its
general
direction
is
along the 50th parallel, our Southern
tury, and are therefore subject to such vicissitudes as may at
Pacific road taking the 32d parallel, the Northern Pacifio
the
any time prior to tbeir maturity depreciate our irredeemable
These
bonds
lack
the
characteristic
fundamental
of
currency
j 46th, and our Great Central Pacific route the 41st paralthe war debt which is all payable in specie, and Congress lei. The new Canada Pacific is to start from Bute Inlet
never
designed, nor could it safely be designed, that any opposite Vancouver’s Island, and to terminate at Lake Nipibut specie bonds payable interest and principal in coin, should gon, to the northwest of Xake Superior. At Bute Inlet the
ever be used as a foundation for our bank currency.
harbor accommodation is very good. Crossing the Cascade
To this the banks reply that these currency bonds sell for mountains at the Tete Jaune pass, at a low elevation, the new
more than the Five-Twenties, and are really worth more than
road is to descend in easy grades down the gradual slope of
the gold bonds. Their argument is as follows:
the Saskatchewan Valley to Manitoba. This is the district
Taking the new 5 per cent “funded bonds” at par in gold as a formerly known as Prince Rupert’s land, surrendered by the
standard, and supposing them to run for 27 years, then by Price’s
TT-.*
tables I find that a 27-year six per cent bond is worth 114f in
Hudson s Bay Company last year, but not at onceconfed-nri
erated with the Dominion.
gold; to this add the gold premium on the 114£, and it is shown
estimate
received
i
tX^e^TSlvSlX
,
.
,
.
,
A
.
The population in 1869 of the
wb^ territory comprised in British Columbia and Manitoba
on the five per cent bonds from now until was reported, at 28,405 persons.
total commerce in
specie payments are resumed, and the balance will he the true
^*909 lift in l ra7 -Pn i '7GA
-goos ^01 in
currency value of the currency sixes. I estimate thus, supposing
gold to be at an average of 10 per cent premium for the whole 27
1868
in 1869 £152,926. In 1870 the comyears. Then the holder of a H ,000 5 per cent W gets $55 in
was about £280,000, while the
’
’
i i
currency per annum, and the holder ot a currency six gets $60.1
This calculation is on the basis that no resumption of specie pay- at 45,000.
It is easy to see that in such a sparse undeveloped
annually
Their
I
in
was
1866 £20.2,448, m 1867 £111,796,
£112,699,
population is estimated
ItleXpSTfaX
place FntfewyeX reSio“ tbe local ^ for ^
EXcXXysSTleast
14
than the fives,
124 small. Much reliance is
cent
the sixes
in
are
worth at
per
more
currency.
This argument proves
that the bonds are good ; but it does
about the coin basis. For
the time, therefore, the controversy is suspended. It may be
expected to come up in another form however, as the bants
say they intend to submit their claims to the adjudication of
not meet
Mr.Boutweli’s argument
the courts.
The bants
few, however, which
agitating this
question, that it is regarded as of subordinate importance,
and it does not in the least degree threaten the hearty
oo-operation of these institutions with Mr. Boutwell in dis¬
posing of the new loan, or in any of his negotiations of a like
character in the early future.
are
so
are
A NEW PACIFIC RAILROAD.
I
mUSt be
the large land grant,
and the income therefrom will be considerable, though in so
higb a latitude the tenptation to emigrants win be much less
than in our own BUDnier and more Siting lands. The
through traffi0) as experienoe Bhows> will jield very sma|| Mt
earning9 towards payit)g the guarantied 5 per cent on the
outlay> As the road will lherefore be a dead weight on the
Canadian Treasury of six and a half millions of dollars a year,
at ,eaBt) u is not difficu]t to Bee the ground of the Tehenlent
opposition the Bcheme is meeting from a few economists in
the CaDadian iegisiature.
There are rumors, however, that the Imperial Treasury
will in some way interpose, aud the railroads of British Indis
show that England is prepared to make great sacrifices to
secure in
any contingency a free development and an uncon*
trolled communication for her oriental customers and her
placed
or
on
military road the British
Pacific offers advantages which cannot be overestimated
couraged by the growing prosperity and rapid success of our for the consolidation and unification of the Colonies.
Pacific Railroad connecting the Atlantic seaboard with San At present our Central Pacific road offers the only
Francisco and the Orient, some British capitalists long ago swift route through an English speaking country to the
projected a line to pass from sea to sea through British terri- ports of the western coasts of this Continent; while the
tory, from Halifax to Vancouver’s Island. The scheme has Pauama Railroad offers similar facilities to the ports of South
been in abeyance; but on Wednesday, at Ottawa, Sir America. The Asiatic ports of Russia, the newly opened
George E. Cartier, on the part of the Canadian Government, ports of Japan and China, the Sandwich Islands, the Spioe
proposed in the House of Commons that any company under- Islands, New Zealand and Australia, are all developing a new
taking the construction of the road shall be aided with active trade with this country and with Europe. Still the
tl ,500,000 a year. This new Pacific Railroad enterprise through freight will cost heavily on this long English railroad,
having thus been formally adopted by the Government of the and will seek other less costly and established routes.
Dominion, doubtless with the sanction of the Imperial Govern. I Travel and express freight may, perhaps, be attracted from
ment at home, it only requires that a dividend of 5 per cent a the better known routes to the new British road.
But it is
year should be guaranteed on the whole capital; and the 130 uncertain. There is every reason to believe that the ten years
millions of dollars which the road will cost could doubtless in which this road is to be finished will make New York the
be easily raised in England. To this guarantee there is con- undisputed master of European, and San Francisco of Asiatic
s derable
opposition by the advocates of light taxation; and communication over this Continent.
the subject has further complications by being connected
Moreover, England will find the Suez route to India,
with the rather unpopular measures for tbe immediate admis- whether
by railroad or canal, both cheaper and quicker than
sion of British Columbia as an integral part’of the Canadian | her proposed Interoceanic Railway. The Cape of Good
Some interest has been excited in Wall street by the
announcement of the Canadian Inter-oceanic Railroad.
En-
Indian possessions.
As
a great
THE
April ly 1871.]
Hope route will be cheaper, if not quicker. From
to Chioa the time by way of Suez may be less, but
higher. To Japan and
CHRONICLE-
England
the cost
New Zealand the route over some part
continent will be much the quickest, as also to the
pacific ports, from Sitka in the north to Valparaiso in the
south. But before this road is opened, travel will have become
bo accustomed to move in our channels of transportat:on as
to be loath to leave them.
“ Trade loves its old grooves,”
as we are told, and we
should not have attracted to our
new American routes
so much of the through traffic
with the Orient, but for the disturbance of the old j
routes of travel, by the gold discoveries, the Crimean war,
of this
mutiny, the troubles in Egypt, the
Suez Canal, the Mont Cenis summit and tunnel railways,
the wars and rumors of war in Continental Europe, and
finally by the disturbance of the old Marseilles line of packet
steamers and their transfer to Brindisi on the Adriatic,
whence steamers can find a much shorter line of voyage to
Alexandria than from Marseilles. So great a revolution has
not had its analogy in the changes of the grand routes of
commerce since the taking of Constantinople by the Turks
and the discovery of the Cape of Good Hope by Vasco Di
Indian
the
Our Pacific Railroad
Gama.
was
not constructed a year to
60on,to enable it to attract over our territory the
commerce thus disturbed froraj its old channels.
rich oriental
When the
quietude has been re-established and trade has become estab¬
lished in its settled grooves,
new
it will not be
responsive to
impulses or so susceptible of new directions.
STEM TOWER FOR THE
A bill is
so
CANALS.
391
capitalists who may be invited to assist in organizing a com¬
pany for its practical application to the movement of the
canal traffic.
There are, however, several objections to it in
its present form, the chief among which is found in the fact
that it proceeds upon a total misconception of the conditions
which are really indispensable to the successful application of
mechanical power to the movement of the tonnage of the
canals. From a long study of, and a somewhat intimate
acquaintance with the subject, we are convinced that what is
needed is not steam propulsion but steam traction; in other
words, not some ingenious device by which each boat can be
made self-propelling, but some form of tug which can draw a
train of boats, say five or six, at an average speed of from
three to five miles an hour. This is the problem which must
be solved, and until its solution is reached it will not be possi¬
ble to dispense with those relics of antiquity, the tow-path,
the mule team and the driver.
The condition under which steam is
to be
applied to the
movement of canal freights are, and must ever remain, the
same as those under which it is applied to the movement of
railroad freights—namely, the largest possible traction power
with the smallest possible consumption of fuel. It will be
readily understood by any one even superficially acquainted
with the subject of railroad transportation, that if it were ne¬
cessary to apply power to the movement of each freight car
separately, the cost of carrying freights would be increased
ten, and in some instances twenty-fold. Not only would each
car have a reduced capacity in proportion to the space occu¬
pied by its machinery, but each would require a skilled en¬
gineer to manage it; and the wages of the engineer, together
with the consumption of fuel and oil, and the wear and tear
of machinery, would necessitate so great a charge per ton per
mile on the freights carried in it, that cartage over common
roads would be found cheaper, even for long distances. Much
pending in the Legislature at Albany which
accomplishment of important practical results, and'
which, with the modification of certain objectionable features,
should become a law without unnecessary delay.
Its ol ject
is to encourage the invention of some
piaetical means of the same results would attend an experiment with propelling
applying steam power to the movement of canal tonnage, machinery on the canals, if each boat were to be made to run
and to this end it authorizes the State Treasurer to
pay the by a power of its own, however ingenious the method of its
sum of one hundred
thousand dollars to the owner of any application.
patented plan by which canal-boats may be propelled by
Again, the canal is now fully equipped with tonnage. If
steam, caloric or electric power without injury to the banks any such plan should be adopted, all this must be changed.
of the canal. In order that the relative
practicability and To build new self-propelling boats to take the place of those
economy of the different plans may be intelligently decided now engaged in the movement of can airfreights, or to rebuild
upon, it is further provided that, during the month of June this immense^fleet of barges to admit of the introduction of
next, persons owning such inventions shall each be invited to steam machinery into each, would scarcely be considered
place upon the canal a boat to be propelled by machinery, practicable; and yet one or the other must be dona if steam
and submit the same to an examination
by a commission con¬ is to be generally applied on any such principle. But even
sisting of Messrs. George B. McClellan, E. S. Prossner, Van supposing this original obstacle overcome, is it probable that
R. Richmond,
George Geddes, W. S. Nelson, and others, who the iucrease in speed would so far offset the increased
shall require all boats submitted to them to
make, in their pres, cost of canal freights as to enable the shippers to
now
seeks the
much further as compete successfully with the railroad companies?
they may consider necessary. The conditions to be complied Experience has demonstrated to the contrary. It will
with are as follows:
remembered
that
the
application of steam to
First, the boats must make an average be
the
movement
canal
of
tonnage, on a plan conforming to
speed of three miles an-hour, without producing waves great
enough to wash the banks ; second, when making the trial the conditions of the bill above mentioned, was thoroughly
trip each boat must carry ono hundred and fifty tons of tried on the Erie canal some twelve years ago, and finally
freight; third, each boat must be capable of backiug as web abandoned as impracticable. For the propulsion of separate
ence, a
trial of
at least
twenty miles, aud
as
nothing better than the common screw is needed, since
it meets all the requisite conditions, and is quite as economical
as any other method.
Some twelve or fifteen years ago a
number of capitalists, prominently connected with canal busi
would occasion to commerce.
ness, undertook the construction of several splendid propellers,
The importance of this bill consists in the fact that it built with especial reference to the transportation of grain
recognizes the importance of substituting steam for horse freights, and the question of steam power on the canal was
power in the movement of canal
tonnage, and offers an oppor¬ considered solved. In one sense it was. The boats were in
as
of
moving forward ; fourth, all inventions will be subjected
a
competitive test, and each commended in proportion to
its
simplicity, economy, durability, the amouut of tonnage
surrendered to machinery, and the inconvenience its adoption
boats
to
the practical trial of all plans now urged by invent- all respects adapted to the business for which they rrme de¬
upon the attention of the business community, under signed, and there was no lack of freights to employ their full
circumstances that would secure for the best system the offi carrying capacity; but after a long trial they were finally
^ia]
withdrawn from the canal as unprofitable, for the simple rea*
approval which is needed to
tunity for
0r8
gain for it the confidence of
THE
392
T*
*. ■
£ i
•l
t
{
>
lf
'►
f
■
t
I
f;
**
t
;
carry
We heartily approve
of a formal recognition by the State
necessity for some improvement in the present system
of canal traction, and of the appointment of a commission of
experts to examine and report upon the practicability of the
various plans suggested by ambitious inventors; but to
authorize the payment of a State bounty for a device for
propelling single boats, would be a waste of money and could
only be excused by a plea of ignorance on the part of the
Legislature as to the true nature of the difficult mechanical
problem for which a solution is sought.
of the
^
.
M,’
if
mination of the
probable,
war
between
France
and Prussia became
took occasion, in view of the anticipations which
respecting the effect to be produced upon
the markets for Breadstuff* by the restoration of peace, to
utter a word of caution to
operators both here and at the
West. HoW entirely those suggestions have been justified,
will be understood from the fact that prices at any time since,
were
we
entertained
have not been
f t
31
!
n.
I
L-S
U
;»
&
'f
£
>
Detroit....
Cleveland..
Toronto....
5.000
17,668
17,850
1,000
830
9,256
Total for week...
71,975
Previous week
76 634
Cor. week in 1870....
92.843
Since January 1
878,144
Same time 1870
1,159,051
As for
They
247,606
247,774
206.253
4,601,878
19,143
10,150
17,854
9,750
870
376,620
296,195
- 292,449
5,654,229
4,791,828 3,517,517
198,166
168.223
34,330
30.912
49.588
9.084
9,839
10,225
77,770
1,985,503 622,458 214.873
1,822,242 411,181 170,429
exports, statistics are even more
to indicate an increased export from
our
4,036
1,600
6,358
incomplete.
the Atlantic
seaports to the extent of nearly two hundred thousand
barrels—say about 800,000 bbis. this year against 600,00®
bbls. last year ; an increase which, taken in connection with a;
falling off in the receipts of nearly three hundred thousand!
barrels, as indicated above, is a very formidable one. In fact,,
POSITION AND PROSPECTS OF BKEABSTUFFS.
it would appear that the receipts have exceeded the
exports
When the surrender of Paris was announced, and the ter¬ in twelve weeks only about 78,000 bbis., so that the
country
r<*
i
r
they could not
•
.
Z
that
steam will be successful.
r;
*
*
[April 1,1371.
freights as cheaply as they delphia are not considered of sufficient importance by the
could be carried in boats moved by the primitive horse power. commercial journals of those cities to require more than a
There is, certainly, no good reason for repeating this experi¬ partial record. We have endeavored to supply previous de«
ment, for the same results would be reached now as then. ficiencies in the annexed table of receipts, but have not been
As we have before said, what is needed is simply steam trac¬ able to extend it further back than to January 1st:
tion, which will provide for the movement of canal tonnage, RECEIPTS OF FLOUR AND GRAIN AT THE PRINCIPAL RECEIVING
MARKETS FOR THE WEEK ENDING MARCH 25TH :
as we find it, without necessitating costly alterations in the
Flour.
Wheat.
Corn.
Oats. Barley.
Rye.
At
bbis.
bush.
bush.
barges now engaged in this business, and which will increase
bush.
bush. bush.
39.973
21.122
Chicago....
155,869
46,914
12,727
3,753
the speed of canal navigation while proportionately diminish¬ Milwaukee
27,283
7,329
2,590
7,514
2,069
2,243
St. Louis..
21,678
118,717
121,738
95,963
6,740
3,088
ing its cost. Until this can be furnished no attempt to apply Toledo
25,285
67,130
6,590
19,201
800
son
i
CHRONICLE.
seem
has been
subsisting through the winter almost entirely upon
production of local millers. But
the favorable aspect of this statement has many qualifications.
Stocks of Flour were everywhere large on the first of January,
and that millers have been busy is demonstrated by the fact
that the visible supply of Wheat has fallen off more than two
millions of bushels, in the face of receipts nearly as large this,
year as last, with no increase in the export.
Two million
the stocks in store and the
then, although favored
by smaller stocks here, reduced receipts at the lake ports (we bushels of Wheat will make four hundred thousand barrels
refer in this more particularly to Flour and Wheat), an un¬ of Flour, and with stocks two hundred thousand barrels
usually large export demand for Flour, some decline in ocean greater on the seaboard in January, 1871, than in January,.
freights, a strong speculative feeling, and an easy money mar¬ 1870, it must be e\ident that no scarcity of Flour can exist.
ket ;—a combination of circumstances sufficient, one would Besides the higher prices of Flour and the relative cheapness
suppose, to have caused a material advance in prices. But of Corn Meal, tend to reduce the consumption of Flour in
the fact was, prices were already high. The increased export our own and other markets.
demand for our Flour and Wheat, which was caused by the
As regards Wheat, it may be fairly estimated that the
war on the
Continent, began eariy in April, 1870, and ceased visible supply at this time is about 8,700,000 bushels against
in March, 1871, lasting about eleven months, and effecting in about 10,200,000 bushels one year ago. But the wheat
its progress a considerable reduction in the surplus stocks trade for April, 1871, opens under far different auspices than
•which we held one year ago, and producing a marked advance that of April, 1870.
Then the Continent came into our
in prices, a
market
with
peremptory orders, and although the demand
comparison of which may now be advantageous;
no
doubt
was
stimulated by the low prices current, a moderate
g
March 29, ’71.
March 27, ’70.
Feouk
Shipping Extras, per bbl
$6 65® $6 80
$4 65®$4 85
Superfine
6 10®, 6 60 •
4 40® 4 65 advance in prices did not check the movement; now, thareia
Weetern trade and family brands.
7 00® 9 00
5 00® 8 50
Wheat —New Spring, No. 2, per bU6h
1 10® 1 14 little demand, except fr>m Great Britain and on orders within
1 56® 1 58
New Amber Winter!
1 67® 1 70
1 25® 1 28
Then freights were low ; the English steamers
Corn
New Western Mixed
82®
84
,98® 1 05 strict limits.
as
high
as
they
were
,
.
J
l*
■V "
Rye
Oats
New Western Yellow
New
Western, New
67®
6!i®
95®
Ohio and State
Barley.. ..State
Canadian
I-
/
*
9
V
:p'«.
•
*
£j>
*
/'
;b.
-
.
.
-
V
’: *
r*|‘?
itri
jL
1 19®
85
1 20
69
71
1 05
1 22
1 02® 1 05
93® 1 00
55®
58
58®
62
80®
95
1 00® 1 10
took
out
hundreds of thousands of bushels of Wheat at
was only a combination among them
that raised the rate to 4d.; now, with Corn cpmpeting for
3@3£d.
per
bushel; it
advance in Flour and' Wheat of room, the rates are nearly doubled. Receipts are at present
more than
forty per cent, and some improvement in all the as large as then. The time has arrived when the receipts
coarse
grains except Corn, the position of which is changed usually increase, and when a large outward movement, to
from scarcity to a full supply. At the same time the average prevent an increase of (if not to reduce) stocks in store
price of English Wheat has risen from 40s. 6d. to 53s. lid., becomes inevitable. Stocks in the leading British markets
an advance of about thirty-five per cent.
This large advance have become considerably reduced by the call upon them from
has been so gradually made, and attended with such frequent the Continent, but it must be remembered that this call has
and sharp fluctuations, that it will doubtless occasion surprise now nearly ceased, and that even the present reduced stocks
to many who have given the matter close attention.
Is it about equal the average of former years. With respect
likely to be maintained 1 is a question which, in view of the to the probability of a revival of this Continental demand*
approach of the resumption of inland navigation, is exciting indications are very uncertain. There was, of course, great
waste and destruction during the progress of the Francono little attention.
It is^o be regretted that the statistics of the movement of German war, and undoubtedly the sowing of fall grain was
much interfered' with; Besides, the crops of 1869 were in
our Breadstuff’s are not more completely and accurately kept.
Those of New York and Boston, and of the lake ports, are ; many parts deficient, so‘ that no great surplus was carried
but those of such important markets as Baltimore and Phila- j over. There is still a small demand from Spain. On the
These figures
*
84®
1 12®
it!
show
au
THE CHRONICLE.
April 1, 1871.J
393
West may be considered fortunate if its
whole, then, the situation in France, Germany and Belgium
surplus for the
remainder of the crop year can be
seem to indicate that a call upon Great Britain and
disposed of without incur¬
the United States, to meet a deficiency, will be necessary, but ring any considerable reduction in values.
In the coarser
grains, the situation may be regarded
of course so long as the present disorganization in France
as more favorable to holders.
The partial failure of the
continues shipments to that quarter must be held in check.
last
hay crop has led to an increased demand for grain
And may it not prove that the means of buying have been
would*
167-03
largely swept away by the same causes which seem to have for feeding purposes. Corn, though in large supply, moves
Made buying necessary ?
The revolutionary proceedings in off very freely, both for export aud consumption. It is
Paris have greatly impaired the credit of France and her relatively much cheaper than any other cereal. Not only
people; industrial pursuits have been crippled by the war, does Great Britain want a large and steady supply, but the
and all legitimate sources of income diminished. Vast quan¬ Eastern and Middle States have a great deficiency to be
tities of food have already been shipped to French markets, made good. Oats and Barley, though showing a full yield
and when these shall be exhausted spring will be well and liberal stocks, appear to be much wanted, and the com¬
advanced. Hence there can be no certain reliance placed paratively high prices which Oats are bringing, seem to be
no
impediment to their sale, while the use of Barley for
upon the renewal of any considerable demand from the Con¬
tinent; and, under these circumstances, unless there is strong malting exceeds all previous experience.
evidence of a short crop this seasou in Great Britain, the
RAILROADS OF THE STATE OF NEW YORK.
be found a statement of the stocks, bonds and debts, cost, earnings, dividends, &c., for the year ending September 30
1870, of the Railroads, in whole or in part, in New York State, compiled from the Annual Reports of the Companies to the State
Below will
Engineer and
Surveyor.
Capital account.
Stock.
Railroads.
iSSy*
Susquehanna
Albany & Vermont....
3,067,^0
600,000
Albany & West Stockbridge..
Atlantic & Great Western....
Avon Geneseo & Mt. Morris..
194,250
BlKt River & St. Lawrence..
BW
Black River & Woodbull
M.800
Blossburg & Corning
Boston & Albany
19,150 800
Boston. Hartford & Erie
Buffalo Bradford & Pittsb’g.. 2,286,000
Buffalo,Corry& Pittsburg....
428,<17
Buffalo,<New York & Erie
950,000
—
Buffalo & Washington
rarthage, Water. & Sack’ts
Cayuga & Susquehanna
Cazenovia &
498,552
60.431
589,110
281,164
380.000
H.
Canastota
Chemung.
150,000
275,000
307.383
468,000
Clove Branch.....
Cherry Valley Sharon
& Alb’ny
Cooperstown & Susq. Valley.
Dunkirk, Warren & Pittsburg
Duchess AColumbla
1,458 470
Elmira, Jeffs’n & Canan daigua 500,000
Elmira & Williamsport
Erie
Erie & Genesee
1,000,000
83,536,910
68,830
Valley
Erie*New England
Far Rockaway Bran ch
Flushing & North Side
Fonda.Johnst’n&Gloversv’le
Glen’s Falls
Goshen & Deckerstown
Greenwich & Johnaonville
Harlem Extension
Hempstead & Rockaway
Hudson & Boston
Hudson River
Hud. Snap. B. & New Eng. R’y.
Ithaca & Athens
Ithaca* Cortland,
Lake Champlain & Moriah....
Lake Ontario
rfc Shore Line
'
'
'
Debt.
Bonds.
$
75,000
201,000
50 900
96,639
104,294
126,800
4,000,000
50,000
175,000
f
830,000 1,766,923
4.154*25 414,921
Cost of
Road
-Length of track roads & OperaGross earningsTotal. Main. Branch.Oth’r. equip ’t.
ted. Pass’ger. Freight. Other.
M.
$
M.
M.
M.
$
$
f»
$
1-00 2,881,918
6,459,923 49-00
49-00
19,296
46,471
1,567
7.637,646 142-00
19-87 7,791 036 164-00
305,842
511,003
63,859
....
Expenses
Total.
and
rents.
*
67,324
880,704
800,821
Net
earn¬
ings.
$
49,208
✓-Dlvid’ds—.
Am’t. Rate.
$
p. c.
18,116
79,883
600,000 12-00
600,000
(Leased and operated by Renssel’r & Saratoga.) 36,000
36,000
(Now consolidated: in Boston and Albany
(Now consolidated in Boston and Albanj
(Not reported.)
389-50 119-66 116
509-16
768,699 2,580,768 159,821 3,459,288 3.845,7
Losb.
20,000
214,250 15-50
0-50
15-50
217,812
18,685
10,994
3,085
32.944
20.4^
11,480
5,036
128,216 12-00
(Under construction—total length 88 miles.)
123,694
115
6*25
20,915 10-50
10:50
10,208
(This is a wooden sill road, no iron being laid.)
265,683 15-64
15,633
5-41
528,346
(Leased and operated bv
Brook Coal Company.)
by Fall
I
12,500
1.798,520 470,000 21,419,320 200-40 49-68
88-60 21,938,628 269*63 2,188,192
,188,192 3,265,482 331,313 5,785,987 3,955,673 1,830.814 1,753,378
112-50 50-00
(Not reported.)
28-31
172-50
201,740
264,823
4 169
479,732
359,784 110,948
585,500
2-00 2,869,500
2,871,500 26-00
(Leased and operated by Erie Com]
.)
4-00 1.498,629
700,000 443,664
1,572,381 43-20
43-20
86,416
169,446
1!
,8.944
264,806
78,003
(Now consolidated in*Lake Shore and Michigan Southern.)
llgi
2,283.000
3,333 000 142-00
1420 3,333,000
(Leased and operatedi b
by Erie.)
66,500
606,207 16-03
107,655
1-00
631,221
23,643
29,294
1,518
54,455
,455
43,845
*
10,610
9,431
69,862
28,776
(Under construction—total length, 28 miles.)
5*50
589,110 34:6i
589,111
(Leased and operated by Del., Lack. & Western.)
54,000
200.000
0-50
481,164 15-00
473,769
(Recently completed. no returns of traffic.)
380.000 17-36
17-36
400,000
(Leased and operated by the Erie & the North. Cen.)
30,000
425
TOO
2,591
152,591
4-25
457
150,000
10378
100
10,835
Loss
13,326
300,000
0-84
10,000
585,000 20-91
600.000
(Oper. by Del. & Hud. Canal Co. in connec. with Alb. & Susq.)
28.606
100,000
435,989 16-00
0-25
1-00
447,528
21,216
18,628
2,302
42,146
26,689
15,457
273,000
766,000
25,000
689,000
IVT
tVtOI iUIig UX cT* II
Ay
6*00 2,406,173 43-00
1,500,000 115,639
3,074,109 43-‘OO
22,367
41,294
1,075
64,736
79,210
Loss.
500,000 46-84
2.89
500,000
(Leased and operated by North. Cent. Co.)
25,000
25,000
14.00 2,620.000
1,620,000
2,620,000 78-00
78 00
(Leased to and oper. by North. Cen. Co.)
60,000
60,000
23,398,300
106,935,210 459-00 151*25 389'75 73.945,587 84537 3,166.877 11,825389 1,187,195 16,179,361 14,824,860 1,354,501
68,830
41,024
(In course of construction—total length 24 miles.)
(Merged in Hudson Suspension Bridge and New England Railway.)
75,000
150,000 6-00
95,173
(Leasea and operated by South Side Railroad Co.)
825.000
1,026,000 11-00
399,235
(No report published for 1869-'700
300,000
350,900 10-00
383,425
smber 1,1870,
(Opened for traffic December
1,18700 +
125,000
221,639
5-79
0-07
(Leased & oper. by Rensselaer d& Saratoga RE Co.)
221,639
51.500
226,500
032
348,294 11-64
1P64
289,361
1.308
4,767
24,280
30,^
0,355
w,
20,306
10,049
130,000
10,000
0-26
266,370 14-00
252,484
(Recently opened for Business.)
4,000.000
8,040,509 114-00
40,509
2-00
8,039,500 116*00
66,034
122.020
193.619
5,565
226,438
Loss.
I” ill
100,000
150,000
5-50
150,000
(Operated by South Side Railroad Company.)
4-00
175,000 17-38
203.036
17 33 (Owned and operated by Boston & Albany RR Co.)
....
...
'T
....
5
10
....
..
.
6
.....
....(Trackdayin| commenced Oct. ljJ70—total length 54 m.)
....
S
VVAAAUAVUVVU
-
-
?
—
18,750
286,730
206,860
200,000
22,545
286,730
205,860
310 140
268,386
205,860
296,464
22,545
95.45 52,804,745
....
7-18
22,545
Lake Shore*
%
......
(Consolidated in New York Central and Hudson River RR Company.
18,750
110,140
I
....
'.... (Construction not yet commenced—length 37 miles.)
(In course of construction—length 35 m., Athens to Ithaca.)
(In course of construe.—length, Ithaca to Cortland 22 miles.)
7 18
51,646
51,646 * 44,683
6,963
(Construe, about to commence—Roches, to Nlag. Rlv. 140 m.)
1061-08 4.225,298 8,306,254
639,683 13,171,235 8,288,985 4,882,300
....
....
Michigan So.... 34,938,000 22,001,000 1,573,315 58,512,315 942-25 118-83
5
Springs..
(Consolidated in Harlem Extension Railroad.)
'.
Long Island
3,000,000 1,500,000 240,000 4,740,000 98-00 60-00 15-80 5,016,402 158
00
158'00
296,447
391,412
63,615
751,474
612,187 139,287
Middleburg & Schoharie
600
85,000
16,000
0-75
101,600
5-75
0-75
101.000
6-50
6,488
' 3,260
1,796
11,544
9,316
2.228
""
Middletown & Crawford
84,537
10,151
94,688
18,688
(Under construe.—length, Middletown to Crawford, 13 miles.)
Mlddlet’n, Unionv & Wat. Gap 110,050
225,000
56,350
391,400 13-00
0-52
13-00
351,883
10,723
29,100
6,983
46,606
32,043
14,563
150,315
Montgomery & Erie
4,550
177,000
331,865 10-26
0-66
10-26
288,565
13,103
27,047
2,148
42,298
27,933
14,365
Monticello & Port Jervis.
405,557
500,000
3,000
908,557 12-00
622,323
(Part rec’tly open’d, length 23.75 m., to be completed early in ’71.) *
Montreal & Plattsburg
1,000,000
1,000,000 23 00
23:00 1,000,000 43-00 _49,354
65,838
J,725 118,917
122,229 Loss.
N. Y. Central & Hudson Riv. .99,428,830 13,681,807
1,167 103,111,804 541-75 296 00 640-61 69,722,501
N.Y.,Housatonic & North’m. 221.700
33,400
141,500
896,600
5-11
394,088
nm;e,B04
la.wa
.loss
8
New York & Harlem
8,000,000 5,7011840
13,701,840 130'75 212 45-50 13,763,2T2
2,709,077 1,711,688 997,389 640,000
* 8"
New York* New Haven
6,750,000 1,061,500
7,811,500
62‘29
67-12 8,320 665
76-79 1,715,544
415,060 131,863 2,261,967 1,409,307 852 650 675,000
N. York & Oswego Midland... 4,902,709
in
1,946,800
25,250
8,874,759 152-00 49-00
7-50 8,318,648 147-00
26.330
166,470
117,139
809,989
167,509 142,480
Niagara Br. & Canandaigua... 1,000,000
1,000,000
99-00
1,000,000
(Leased
and
operated
N.
Y.
Central
by
North Shore (L. I.)
Company.)
60,000 "6
193,445
135,000
6,000
334,445
8-00
300,549
(Leased to and operated by Flushing & North Side Co.)
Northern of New Jersey
1,000,000
400,000
1,400,000 21'25
1-50
527,452
(Leased
ana
operated
by
Erie
Railway
Co.)
80,000
* 8'
Nyack & Northern
53,025
100,000
193.659
4*33
40,684
143,674
(Operated by Erie Railroad Co.)
Ogdensbure&L. Champlain.. 5,051,800
529,800 101,464
5,683,064 118-00
4-00 18-00 5,765,779 122-00
868,217
162,394
20,802
1,041,413
646,483 294,930
i!....
"
Oswego & Rome
28
‘
300,000
612,100
912,128 28-58
3-25
950,953
(Leased and operated by Rome, Watertown & Ondensburg.)
Oswego & Syracuse
r
Lebanon
0—'—
^
......
....
...
...
__
_
””
_
_
_
.... . .
....
“
.
.
..
-
.
....
Poughkeepsie &
Eastern
793,400
483,874
Rensselaer* Saratoga
6,000,000
Rochester & Genesee Valley..
557,560
Rome, Watertown & OgdenB. 2,997,800
Rondout* Oswego......
1,256,936
Saratoga & Schenectady
300,000
^enectady
& Susquehanna..
23,300
Schoharie Valley
69,900
Skaneateles
77,800
Sodas Bay & Southern
32,227
Southern Central
1,631,803
Southfield Branch
1,000
South Side
1,000,000
&
Spuyten
Duyvil
Prt
Morris.
300,000
Staten Island
700,000
Sterling Mo untain
80,000
Syracuse, Binghamton & N.Y. 1,670,130
Syracuse & Chenango Valley.
208,550
Syracuse Northern
533,456
Troy & Bennington
75,400
Troy* Boston
998,061
Troy & Greenbuah
374,000
m?y
Union * Depot
80,000
Utica ABlack River
1,666,990
Utica,Chenango* Susq.Valley 1,900,900
Utica, Horseheads & Elmira.. 157,500
5SS----.
West
Shorq Hudson River....
Whitehall & Plattsburg
'-RaMroai Journal,
750,000
StfB
526,700
201,000
100,000
1,625,000
70,000
1,442,724
12,000
40,000
*55.666
176,302
5,000
335
7,603
285*965
35,000
900
365
547,666
512,208
17,663
2,250,000
200,000
40,000
350,000
1,695,825
13,783
100,600
1,898,000
585
680,000
150,000
350,000
85,000
676,300
347,055
994,400 43-93
760,176 15-26
7,625,000 175 00
632,560
4,440,859
1,276,539
840,000
309,265
125,800
113,165
32,227
2,791,011
18,663
3,250,000
300,000
940,000
18-45
9 *04
..
141-11
33-03
21-00
48-52
4*88
!!’.!*
500
....
68-00
1-00
57 00
....
o*-30
265,148
90,143
0-50
133,095
36,039
3*62 2,709,434
i*25
6*66 2,619,183
6*33
13-00
.’..*.*
7-60
....
3,379,738
208,550
533,456
176,585
2,343,116
274,000
710,000
1,816,990
1,900.900
157,500
750,000
81-00
849.600
310,000
7,427
1,210,427
(No returns of capital.)
1,641,313
629,198
7,284 086
671,303
4,000,000
1,106,473
1-57
484,684
32-00
1*75
20-13
!'..*.
430 000
538
9-04
....
6 00
....
17,952
1-00
16-25
34-91
600
214
59.00
67 00
0-38
8-87
600
2-14
4-39
7-34
ii**66
i-*6o
18.50
10.16
0-75
040
20:6d
299,955
370,386
502,468
3,707,684
119,968
366,481
236,953
2,307 907
294,908
788,985
1,835,315
2,153.905
769,287
6*95,465
199,162
624,866
130,471
191,949
27,214
349,634
268.975
85,659
62,392
(Slnorampened to Stessing 20.83 miles; total length 46.25 miles.)
638^6 884,567 132,946 1,656,169 1,068,824 587,345 215,526
(Leased and operated by Erie Railway Co.)
218-63
570,277
735,716
78,950 1,324,943
849,672 475,271 297,660
33.03
11,771
20,662
8,891
5,284
17,378
iperated by Rensselaer & Saratoga.)
19,500
nder const’n; length, Schenec. to Alb. &
Susq. RR., 153( m.)
4-38
7,296
7,515
1,802
16,613
11,360
5,253
5.00
10,532
14,513
5,058
30,103
16,419
13,784
(Under construction. Length 35 miles.)
68*66
32,494
20,627
4,287
57,408
25,382
32,026
1-00
1,255
1,255
2,204
Loss.
7325
234,550
114,796
8,822
358,168
195.187
162,981
(Under construction. Length 14 miles.)
13:6o
78,585
4,751 209,243
292,579
219,898
72,681
56,000
7-60
1,179
48,886
50,015
27,756
22,259
81-00
174,399
544,123
25,500
744,022
434,110 309,912
(Under construction. Length 42 miles.)
Syracuse to Sandy Creek 43 m.)
(OperatedI bj
by Troy ana BoBton.)
15,300
13,286
2,265
55 00
266,852
193,189
18,443
478,484
313,015 165,469
(Leased and operated by N. Y. Cent. * Hudson River.) 19,208
f Leased and operated by roads centering
In Troy.)
59 00
120,508
120,607
9,810
250,425
130,064 120,361
106,2i7
67 00
114,157
86,003
8,194
208,351
128,461
79,893
11-00
129,706
13,864
570
144,140
50*666
29,064 115,074
(Under construction. Length 25 miles.)
18*50
6,251
7,465
695
Loss.
14,411
15,037
10*16
9,236
38,148
3,368
50,752
32,075
18,677
11,100
(Under construction. Length 93 miles.)
20-00
(Operated by Vermont Central.)
52-97
i
*8
....
181-00
*6
7
10
_
....
6%
iS
* 3*
7*
*6
's'
io‘
chronicle.
the
394
code for telegraphing, which is
plete and to have met with much success
said to be very com¬
in England, is now
oeing introduced in this country by Francis B. Felt & Co., Pub¬
lishers, No. 445 Broome street. This code is the invention of
Major Frank Bolton, late instructor of army signalling at the
school of engineering in England, and is very elaborate and
claimed to be quite simple and easily understood, and so perfectly
arranged as to save from 50 to 400 per cent of the regular cost of
telegraphing by ordinary messages, Messrs. C. F. Varley, Cyrus
W. Field and William Thompson state in regard to this code,
that they have witnessed several trials of Bolton’s system of cod¬
ing messages, transmitted through the Atlantic cable, first by the
Morse Alphabet in full, and then codified. The messages have
been correctly transmitted, and the time occupied in doing so
through the cable has shown a saving in favor of Bolton’s Code,
for messages of ordinary character, varying from 50 to 400 per
cent according to the nature of the message.
—A
new
AGENTS OF NATIONAL HANES,
CHANGES IN THE REDEEMING
National
The following are the changes in the Redeeming Agents of
Banka since the 23d of March, 1871.
These weekly changes are
furnished by, and published in accordance with an arrangement made
with the Comptroller of the Currency.
*
IllinoisVandal ia
Illinois—
Aurora
Illinois—
Lanark
Minnesota—
St. Peter
Minnesota—
Winona.
ConnecticutNew London
Illinois—
Seneca
Illinois—
Chicago
....
Illinois—
Monmouth
..
Kentucky—
Franklin....
Virginia—
Pe tersburg..
REDEEMING AGENT.
NAME or BANE.
LOCATION.
The Farmers' and Ocean National Bank of New York
and Manufacturers’ National Bank
Mechanics’ Nat’l
of Chicago, approved.
Bank
The Union National The Second National Bank of Chicago,
Bank
approved.
The First National The Ninth National Bank of New
Yoi\< and the Mechanics’ National
Bank
Bank of Chicago.
The First National The National Bank of Commerce of
Bank
Chicago, approved.
De¬ The First National Bank of New Yrork
The Winona
and Manufacturers’ National Bank
posit Nat’l Bank.
of Chicago, approved.
The National Bank The National Revere Bank of Boston,
of Commerce....
approved in place of the Suliblk
National Bank of Boston.
The
The First National
Manufacturers’ National Bank of
Bank
Chicago, approved.
The Fourth Nat'l The Third National Bank of New
Bank
York, approved in place of the Na¬
tional Park Bank of New Y'ork.
The Monmouth Na¬ The City National Bank of Chicago,
tional Bank
approved in addition to the Third
National Bank of New York.
The First National The Third National Bank of New
Bank
York.
The
Commercial The Third National Bank of New
National Bank.
York.
New National Banks.
The
week :
following is the only national bank organized during the
1,805—The Farmers’National Bank of Keithsburg, Ill. Authorized capital,
$50,00v»; paid in capital, $50,000. Wm. Drury, President; C. S. Ortb,
cashier. Authorized to commence business March 24, 1871.
£atest Monetarp and dommmial
(Sngltsl) Nnus
hAl’KS Off EACHANUE ir LOMlION, AN If ON LONlfON
AT LATEST DATES.
EXCHANGE AT LONDON—
MARCH 17.
EXCHANGE ON LONDON.
LATEST
ON—
TIME.
RATS.
Amsterdam...
short.
3 months.
Antwerp
Hamburg
4i
Paris
it
....
DATE.
TIME.
@11.19)6
25.57%@25.62%
Mch. 17.
short.
13.10%@13.11%
it
11.19
44
—
tt
Valparaiso....
Pernambuco..
Singapore
Hong Kong...
Ceylon
Bombay
Madras
Oalcntta
Sydney
,
3
it
44
44
short.
3 mos.
Mch. 14.
_
_
_
...
—
--
—
—
—
—
—
60 days.
44
44
ft
tt
4s. fid.
4s. fid.
4 p. c dis.
la. 10 %d.
tt
44
% P- c. dis.
[From
a
Feb. 22.
44
4%
6 mos.
4ft
Mch. 11.
our own
Mch. 11.
Feb. 2.
d. c.
109%
premium.
17
24%
24%
45% @4 6
24% @24%
48. 4%d.
—
—
it
ft
—...
After
it
Feb. 26.
Jan. 81.
Feb. 28.
—
—
31%
_
Mch. 17. 60 days.
Feb. 24. ‘JO days. 1
Mar. 10. 60 days.
44 J
Feb. 22.
—
—
6.23%
119%’
—
—
—
„
122.70
m is.
tt
Naples
New York....
Jamaica
Havana
Rio de Janeiro
Bahia
11 84
25.34@ >5.37)6
13.8)6
_
....
it
%
44
25.60
@25.70
Paris
short.
25.15 @25.22)6
3 months. 12 72X@12.'<7)6
Vienna
it
Berlin
6.2o%@ 6.27*
it
Frankfort
120}*@ 120)6
8t. Petersburg
30)6 @30%
ia
Cadiz.........
4«%@43%
90 days.
Lisbon
52%@52%
3 months. 27.05 @27.10
Milan
Genoa
*
44
RATE.
44
30
days.
Is. 11 3-16 d.
Is. 11 %d.
p. c. prem.
1%
correspondent.]
London, Saturday, March 18.
protracted discussion the old army bill introduced by the
Government bas been
read
a
second time.
An amendment had
proposed, but at a late hour last night the leader of the
opposition suggested that it should be withdrawn. Mr. Glad,
stone, however, insisted that it should be negatived without a
division ; and although Col. Loyd Lindsay offered to withdraw it
the Premier carried his point. The discussion, protracted as it hag
already been, has ap to the present time been confined chiefly to
the advantages and disadvantages of purchase. The advocates o^
the system contend that as the British army has done great things
been
[April 1, 1871.
purchase, matters should remain as they are. The opponents
system, while admitting that in the past the British officer
has fought bravely, argue that he will be more efficient
and
equally brave with its abolition. So great bas become the neces
sity of rendering these islands secure and proof against surprise
with
of the
that it has been found
imperative to remodel
our
whole
military
system, and in undertaking this, the Ministers of the Crown have
found out that the system of purchase which prevails in
nearly
regiment of the British army blocks the way to reform
The sanction of Parliament has therefore been found
necessary to
remove what the Ministers, and it must be added the
majority
every
of
consider to be an abuse. The British army, indeed
can scarcely be called, at the
present moment, the army of the
nation, although paid for by it. It is more the army of the officers
who retire and change about almost as they please, and traffic in
commissions with a desire for gain. If purchase is abolished, as
it most certainly will be, (for if the Ministers are defeated in Par¬
liament, they will make an appeal to the country, and will, in all
probability, return with a large majority), the British army will
be open to all young men who desire to make war a study, and to
make themselves as proficient as a time of peace will allow in all
the details of a campaign.
There may be fewer of the monied
class in it, but it is not money that is wanted, but brains and in¬
dustry, for the wars of modern times are carried on by scientific
rules, and not alone by bravery. The weapons of destruction now
in use have altered materially the tactics of warfare, and it is with a
desire of modernizing our system, and of keeping pace with the
times, that the Ministers are urging upon the Crown the aboli.
tion of purchase. There can, indeed, be little doubt of the fact
that the present Parliament will authorize the change. The lead¬
er of the opposition in the House of Commons, if leader he may
now be called, has not opposed the proposed change, and only
objects to the bill on the ground that it does not make enough
soldiers. That, however, is a portion of the bill which can be
amended in committee, and the number of our soldiers can be
easily augmented if Parliament desires it. The object of the Gov¬
ernment is to render our army both efficient and economical, and
augment year by year the number of men trained to bear arms.
One would think that after the slaughter of last year, we should
remain at peace for the next few years, and if there should be any
elements of success in the new bill, a marked change in our mili¬
tary position would by’ that time have been effected. The whole
of our armaments are now being very largely increased and per fected, and our dock-yards and arsenals have not shown so much
activity* since the Crimean war. The tax-payer will he anxious to
know how much all this will cost, and what will be his share of
the burden.
We shall know what the next income tax will be in
the course of a few days.
The trade of the country is quiet, there being but little specula'
tion in any department.
Taken altogether, however, a firmer
tone is apparent, and as the winter has almost, if not quite, passed
away, an active trade in spring goods will soon be carried on.
There have been large arrivals of cotton at Liverpool this week,
but the market has improved and prices are higher.
The export
demand has considerably improved of late, and this year the ship¬
ments from Liverpool have been 153,848 bales, being double the
quantity sent away in the corresponding period last year. Large
quantities of cotton were sent here from Havre whilst the war was
in progress, and as the mills in France are now being re-opened as
quickly as circumstances will admit, a decided increase in the
export movement must naturally be expected to take place. A
telegram received from Havre, this week, mentions that a small
supply—1,337 bales—of cotton was afloat from the United States
to that port.
This is a feature which one is glad to see, and it is
to be hoped that it will be backed up by larger quantities, and be
the means of giving employment to a large proportion of the
French people. The following relates to the trade of Manchester :
Within the last two days this market has assumed a firmer tone, and buyers
have found the tendency of prices going against them. ' Several circumstances
have contributed to bring about this result.
In the first place, confidence wo
pretty general that prices last week were upon the whole moderate, wnic
caused producers to adhere rather firmly to their quotations, even in in
absence of business. Then the large arrivals of cotton were counteracteoiu
great measure by spinners being tempted to buy cotton .freely, owing Jr 1
choice afforded them by the large stock offered for sale; and again, so lar
information has reached us this week, the receipts of cotton at tne Amer
ports have shown at last a decided falling off, which has given n?.orecP^f^ .,n
the country,
satisfaction felt a
combined to give a
and the ai p
have been arresteu^
last week s .rat
said m favor
y
improvement which has taken place, and the tone of the market to- y
certainly not been any better than it was yesterday. Buyers see no argu
in the future to warrant them in paying any decided advance on
„n(j
scale of prices. Almost all foreign markets are well supplied with go
,
an advance in prices would place a serious obstacle iu the way of sett
g
to holders.
These causes, in conjunction with the
increase being made in the bank rate of interest, have
ter tone to the market.
The downward tendency of last week
tion which then prevailed to anticipate lower prices
in some departments of the market even an advance on
been obtainable. This, however, is about all that can be
_
__
-
April 1,
CHRONICLE.
already sent out, and would probably involve merchants in
■Mnmpnts
j
THE
1871J
SASEsSl
Even as things are, it is very problematical whether recent
vj
mav not fail to realize profitable returns.
In the afternoon the
intpmeoia
^ket became quieter. A fair business has been done yesterday
but it can scarcely be said that an advance has been really estabromDared with late years, spinners are now doing well, but in many
SSJSmHnta the profits which they are making are much exaggerated. During
w«ek <rood qualities of 40’s mule in the bundle have been sold so
r ^^
plu cop3 at ii*a. per ft., 50’s pin cops at 12*d. per
nnd 24’s witer twist at Is. per ft.
These may not be general market prices
hut sales of (,ood yarn at such rates, and for fair quantities, have
actually occurred during the week.
Annexed is a return showing the imports and exports of
cotton into and from the United Kingdom, from September 1 to
March 15, compared with the corresponding period last year:
1870—t.
Imports.
bales 1,286,3 9
AmpT,rftn
fciM
KtaMoas
Imports.
167,335
Exports.
563,8 71
253,655
792,(93
m'4i°
1»1.a88
6-332
1.2.627
Wl
6b,273
2,475,76 1
505,010
1,793,479
,'...
Total
1869-70.
Exports.
67 8»4
35,0)3
816,941
‘2 443
Vienna.... 5
Berlin
421,749
FOB THE WEEK ENDING MAVCH
1871/71.
Barley,
624 516
140, 88
.....
Oats.,..
2 9,; 83
101,2.9
Flour.
45,162
SINCE THE COMMENCEMENT OF THU SEASON
owt 17,518,77'1670.0 0
40.103
4,*7 > 002
Wheat
Barley
cats
4,'37 4'4
Peas
4-'5,086
933.534
P,5 2 634
beans
fadiancorn
For the
,cwt.
512, 14
2 4,613
13 ,765
8,164
54,832
259,272
98,324
Barley
OatB.
Peas
Beans
Indian Corn
Floor
•
",
It is stated that
Paris
on
than 600
more
,
lt:8
4,254,215
5,5(4 9.)
188,784
11,8hm
66,629
7 5 185
9 1 5
1, <27,202
1J77
were as
Exports.-
r—-
Since
For the
Sept. 1.
16,028,160
6,888,301
3, 19,-58
758,505
1/44,834
7,665,241
2,219,250
Since
week.
135
Sept. 1.
3,433
74,767
65,357
6,684
3,793
611
212
640
396
20,446
workshops will be reopened in
subscribed, and
reported that the applications
including foreign sources, have not exceeded
This is
It is
remarkable contrast to the loan which was
Out at the commencement of last year. When Messrs.
a
brought
Rothschild, owing to the immense number of applications, were
compelled to close the subscription list before the time mentioned
in the prospectus.
The commercial demand for money is very
moderate, but an improvement in this respect may soon be an¬
ticipated. The following are the quotations:
1870.
1871.
Percent. Percent.
Bank minimum..,. 3
Open-market
@...
3
rates:
80andttUdays’
8 months bills
bills 2*@3
3
@3*
@
2*^2*
2% @3
low
4*
7
Brussels.
on
demand, and the short exchange
There has also been an active
inquiry
The bullion market
presents no
25f. 15c.
as
The export
important
GOLD
Bar Gold
do
Spanish Doubloons
peroz.
South American Doubloons... do
United States gold coin
do
do
do
*
.........
,
d.
s.
peroz.standard,
fine
Refinable
do
.......
Bar
9
9
©77
11
@78
—
73
76
8
3
@71
—
Silver, Fine.
There has been
the week, and
more
per oz. standard last
per oz. standard
@76
price
foreign Government
3*
d.
s.
5
0?*'
5
0% @ 5
...peroz. no pric<\ @—
per cz 1 ist price.
4 it * @ 4
firmness in the Stock
gold
9)4
—
d.
s.
do
do containing 5 grs.
Fine Cake Silver
Mexican Dollars
<3.
s.
77
77
77
SILVER.
—
OX
—
'•
U*
Exchange during
stocks have shown
ancy
a
foreclosure and sale of the line had been obtained in
the
Courts. Erie Railway shares have continued
The following were the highest and lowest
New York State
sols and the
principal Ameiican securities on
135.586
Monday.
£9,000,000.
s* «
8
that
105
45,627
(AUG. 28).
24,880.214
The money market has been quieter, and the rates of discount
are somewhat easier.
The Russian loan has been
the lists have been closed.
made here from all,
-
demand for gold is sufficiently active to
absorb all arrivals, and as
regards silver, Mexican dollars of the
old coinage sell
freely for China. The following prices of bullion
are from the circular of Messrs.
Pixley & Co.:
dull.
Imports.——
6
burg.... 5
3V
6
Paris have been in flat
as
features.
5
staDfe-
8
2W
6
10 333
210,701
under:
Wheat
for bills
8*
2^
187L
5
3,038 823
433
7
corresponding periods in 1868-’69 the figures
For the
week.
on
8#
1870.
4
5
12.4*2
2»,557
72U 8U4
35,896
7,012
6
Madrid
2%
8*
3)4
1870.1871.
Brussels.. 2)4
5
11 3 if .426
33
2.M65
81,031
53,136
2,497,624 1203.863
Flour
7,021
9.065
4'»3
95
183
Bills
-
has been
5
/—B’krate-> —Op. m’kt-^
„
more buoy¬
than for some time past. Canadian railway securities—
chiefly Grand Trunk—have been largely dealt in, and during the
first three days of the week a further
important rise took place.
Latterly, however, owing to realizations, prices have receded to a
slight extent. United States Five-Twenty bonds were dull in the
early part of the week, but have since improved. In Atlantic and
Great Western Railway securities, there has been
considerable
animation, owing to the receipt of a telegram from New York
6,4-51
50,753
37 618
75 3 7
Peas,...
Beans..
Indian corn.
235 8 4
73,086
4
...
,
Impons. Export
213 827
35,1/7
...
.
1869’TO.
,
Impors. Exports.
.CWt.
Wheat.
11.
6
4
8
Frankt^rt. 4
Arast’d’ro. 4
Turin
5
9,378
Annexed is a return showing the imports and exports of bread_
stuffs into and from the United Kingdom during last week^
and since the commencement of the season, compared with the
corresponding periods in 1869- 70 :
r-B’krate-» r-Op. m’kt—,
1870.1871.
1870. 1871.
2% 6
2
—
At Paris
^Present
395
1870.
1871.
Percent. Percent.
4 months’ba’k bills 3 @3* 3
@8*
6 months’ ba’k bills 3
@8* 8* £ 8%
4 and 6 trade bills.. 4
@4* 4 @4*
The rates of interest allowed on the
joint stock banks and dis¬
houses for deposits are as under:
each
prices of con¬
day of the week :
j Monday. I'i’ueeday. / W ed’ay. Thu’ay i Friday,
bat’day.
Consols
J91 *-91*’91 *-9l* 91*-91* 91*-92 i8:*-9?* ‘2 -92*
8.5-20’s, 1882.,.. 91*-9l*'9-*-92 |91>4-92 192 -92*91*9*5-2*-....
U.
0. 8. 5-208,18-4.
190 -92 91 -5-2 190 -92
(J. S. 5-208, 1885
|9l|91 *-»■ *!9l*-....
0.8. 6-208, 1887..
90*-90* 9(1*-90^
90**90* 90*-9i
9i»«-91 *
%
0. S. 10-408, 1904.... 188*-89
‘
Atlantic & G’t West.1
consol’d mort.b’dS|29*-39^ 30 -31
-32
-...
..
‘0
-92
(90
-92
p(J
-92
.'91 *-M* 91 *-91* >91* -«
90.. |9
ig
90*-9(.*,WU*..
*
t8*-t8/4it8X-89>fc|88X-8S%|8'X-b9*U9X-fc93
Erie Shares
Ul
(*100)..
Illinois «bares
|13 -It* 17%-lf* 17* IS*
(*100)! 1»9| -liu 110 -llof.il; llu*
Atlantic and Great Western
33
-84**
134
°5 -36
-85
1 *H -1 * IS*-....
Hu* ..Jll) -lli |ltuj-ll(;t
Railway debentures have advanced
40(5)41.
to
The funded loan of the United States is
attention in the market.
attracting
very
One effect is that the
little
upward movement
in Five-Twenty bonds bas been checked,
owing to the circum¬
stance that certain issues can now be paid off at
par.
The price
of the bonds cannot be expected therefore to advance
beyond
that point, excepting when several months of interest are due
upon them.
As soon as the Government obtains large subscrip¬
tions in the United States, the scheme is likely to be followed
up
more readily here.
It is probable, however, that France will offer
about 6 per cent for a loan in this country, and should such
prove
to be the case the question of the United States loan
must remain
in abeyance for some months.
count
English Market Reports—Per Cable.
The
daily closing quotations in the markets of London and Liver¬
pool for the past week have been reported by submarine telegraph,
2* as shown in the following summary:
London Money and Stock Market.—All classes of
Annexed is a return
American
showing the present position of the Bank of securities have
improved
during
the
week,
and
closed
England, the bank rate of discount, the price of consols, the aversteady at
the advanced prices. In Atlantic and Great Western the
rise has
age quotation for
English wheat, the price of middling upland been
very noticeable, quotations being 7-£c. higher than one week
cotton, and of No. 40 mule yarn, fair second
quality, compared ago.
with
1870.
1871.
2
2
the four previous
years:
1867.
Circulation, including
PnhiS-®081
bills
miicdeposits
*
22*816 409
8.780 4 9
Hegcrff« or
MCberve
coin
Coin « mi nViiV
a“ion
Congou6
Price
Mid
if
rr0nf,rAeatv
5o 4nmnSdcotl°n—
23.495,470
23,185.932
5 927
24
1870.
£
22,864,130
Sat.
1871.
£
23,664.553
19 737,714
lll,ub8
13,272,162
14.126.537
7o,738
17,37?,440 19,319,3(52 19,753,153 SAWOTT
-
ilinotes
ef ‘' * and
* * *"
and
1869.
£
7,Vf2,7.V7
17,98 i,8Ul
0?vorn°P081t8
16,9.5 5b5
uavernment securities 13. i
*
1868.
£
•
11,572,751
16,5 3 'Vi
13.755 214
10.051 092
20.759,237
12.115,418
12,611.551 13,253,802 10,398,187 33,227,3^5 13,7-4.570
19,461,446
»P-c.
91*
69b- 4d*
13*d-
21,281,427
* P c-
18,119,122
3P C-
29,174,915
8 p. c.
21.809.bt5
83
73s- ld*
48s- 1(Jd.
40s. 9d.
92
B8s. 8d.
*7 3-16d.
98*
10^d-
ll*d.
8 p. c.
Consols for money
“
92*
account
U. S. 6s (5-20s, 1862
“
“
“
“
.
old, 1865
1867
,
U. S. 10-40S
9 ■*
92
91*
90*
89
Illinois Central shares... no*
Erie Railway shares
17*
Atlantic & G. W. (con’s). 37
.
.
The
Mon.
92*
92*
92*
91*
90*
89
•
110*
Tnes.
92*
92*
92*
91*
90*
89
111
18
18*
37*
38
Wed.
92*
93
92*
91*
91*
89
110*
18*
38
Thur.
93
93*
92*
92
91*
89
111
18*
42*
FrL
93
93
92*
92*
91*
89*
111
19*
43*
daily closing quotations for United States 6s (1862) at
Frankfort
Frankfort,
were:
96*
....
....
96*
96*
Liverpool Cotton Market.—See special report of cotton.
♦ffifcrchS:*’'* >^d* *•
l«‘2Xd. is. 8*d. *ls. Xd.
IAverpool Breadstuffs Market.—Prices have not varied ma.
The quotations for
money at the leading Continental cities are terially during the week. California Wheat closes at a
w
slight ad¬
follows;
vance, and Canadian Peas and Corn are also higher,
-
/
d.
27 6
10 10
11 0
11 11
34 0
4 0
3 4
41 6
$ bbl 27 9
Wheat (No. 2Mil. Red)..$ ctl 10 10
,ed Winter)
11 0
(Western)
(California w:
’ /'hite)....0ll
V.m,d)...$480fi>n,w 34
(Canadian)
$ bush 4
w%Am. & Can.).... $ 451b 3
it (Canadian)
$ 504 tt> 41
■
,
d.
8.
d.
6
10
0
11
0
0
4
6
s.
27
10
11
11
34
4
3
41
Liverpool Provisions Market.—There has been, a
and Pork has dropped Is., and other
Beef (ex. pr. mess).. $
Pork (Etn. pr. mess)..
Lard (American)
Cheese (fine)
-The
market
304 fb 112
$ bbl
$ 112 5)
Bacon
Tues.
s.
d.
112 6
80 0
47 0
57 0
70 0
...
41
[arketLiverpool Produce Market
articles
a
“
“
$ 8 lb
(spirits)
“
Tallow (American)... ^ 1.
Petroleum (std white)..
closes
quiet
d
6
0
0
0
0
at
a
“
15
1
Fri.
Thur.
s. d.
8.
d.
5 9
5 9
15 9
15 9
1 4% 1 4H
11
11
42 6
43 6
Wed.
b.
d.
Tues.
d.
8.
Mon.
s.
d.
6 6
15 9
1 4%
11
43 3
Sat.
s.
d.
6 6
6
15 9
151 9
1 114)£
44 0
Wilm.).. $ 112 fl>
(fine pale)
Fri*'
8.
5
15
9
9
9
4X
11
43 6
1
4%
11
43 6
and Linseed oil,
though rallying somewhat at the close, have been weak and are
and Oil Markets.—Linseed
London Produce
lower.
Sat.
£ 8. d.
10 15 0
63 6
Lins’d c’ke (obi). $ tn
Linseed (Calcutta)....
Sugar (No. 12 Dch std)
$
112 B)
Sperm oil
Wbale oil
Linseed oil
-
3?
35 10
0 0
0 0
0 0
84
36
t°n 32
.
.
.
Wed.
£ s. d.
Tues.
£ s. d.
Mon.
£ 8. d.
•
35 10
84 0 0
36 0 0
31 15 0
63
63 6
63 6
84
36
31
6
35 10
84 0 0
36 0 0
31 15 0
35 10
0 0
0 0
15 0
Thur.
£ s. d.
10 0 0
63 0
Fri.
£ s. d.
10 12 0
63 0
35 10
84 0 0
36 0 0
31 15 0
35 1 00
83
0 0
36 0 0
32 0 0
COMMERCIAL AMD MISCELLANEOUS NEM>.
Exports for the Week.—The imports this
week show a decrease in dry goods, and a considerable increase in
iral merchandise. The total imports amount to 7,580,607
lift week, against $7,388,892 last week, and $8,209,446 the pre¬
vious week. The exports are $4,441,092^ this week, against
Imports
and
$5,123,187 last week, and $6,264,325 the previous week. The
exports of cotton the past week were 19,817 bales, against ,25931 bales last week. The following are the imports at New York
for week ending (for dry goods) March 24, and for the week end¬
ing (for general merchandise) March 25.
FOREIGN IMPORTS AT NEW YORK FOR THE WEEK.
1868.
1869
1870
1871.
Dry goods
General merchandise...
$1,670,180
$2,619,046
$1,729,483
$2,618,098
4,962,509
Total for the week..
$5,297,173
$6,246,407
$4,928,952
50,330,025
55,635,909
56,283,904
$7,580,607
73,691,278
Previously reported..
3,626,993
.
3,627,361
3,199.469
$55,627,198
$61,212,856 $81,271,885
In our report of the dry goods trade will be found the imports of
dry goods for one week later.
The following is a statement of the exports (exclusive of specie)
from the port of New York to foreign ports, for the week ending
$61,882,316
; ..Since Jan. 1
at this port during the past week
$23,050
ward, Belize—
March 28:
March
lizeSilver
*
..
January 1, 1871
.
.
.
.
.
.
.
.
.
following forms present a summary
at the National Treasury and Cus¬
Treasury
:
Bal. in Treasury.
Coin.
~
Currency,
*
.
~
-
Coin
cer-
tificates.
■
Total.
Deposits.
outst’d^
15,819,500 362,649,500 100,574,511 25,150,026 27,606,500
15,719,500 364,086,700 101,823,000 26,294,000 30,950,000
15,744.500 365,110,400 102.128,000 25,379,000 31,546,000
99,127,000 22,511,000 32,152,000
15,819,500 365,868,250
15,819,500 366,443,200
99,448,000 22,945,400 31,545,000
15,919,500 367,172,500
15,899,500 368,474,500
15,961,500 369,036,500 100,883,000 16,252,000 29,779,666
15,811,500 369.541,850
15,911,500 369.941,500
15,723,500 369,887,500 104,490,000 13,770,000 27,357,000
•
346,830,000
348,367,200
349,365,900
350,048,750
350,623.700
351,253,000
352,575,000
353,075,000
353,730,350
354,030,000
354,164,000
.
$1*088,199
For U. S.
For
Circulation.
.
$2*148,318
the U. S. Treasurer in trust for National
1.—Securities held by
banks and balance in the
7.
21.
28.
4.,
11.
18.,
25.
4.
11.
Mar. 18.
Mar. 25.
2,721 606
Same time in
tom House.
150
...
$3,931,813
3,611.712
National Treasury.—The
of certain weekly transactions
Jan.
Jan.
Jan.
Feb.
Feb.
Feb.
Feb.
Mar.
Mar.
"
.’.-!!!*.*.”!*
Previously reported
Week
400
25—Str.
Columbia
Havana—
1
Gold
2,772
Total for the week
6
$400
Gold
Helen M.
Woodward, Be¬
Total since
Same time in
1870
1869
hav
Gold
23—Schr. E. Wood¬
March
Cruz-
March 22—Schr.
ending
slight improvement.
Rosin (com.
0
0
co, Yera
Silver
are
112
79
47
57
70
[April 1,187i
The imports of specie
been as follows:
March 23—Str. City of Mexi¬
In Petroleum there is
Common Rosin.
a
57
70
27 0
10 10
0
11
12
0
3
34
4 4
3 4
43 6
Thur.
s.
d.
112 6
79 0
47 0
57 0
70 0
Wed.
s.
d.
112 6
79 0
47 0
Mon.
8.
d.
112 6
80 0
47 0
57 0
70 0
Sat.
8.
d.
112 6
80 0
47 6
57 0
70 0
d.
8.
marked de.
cline in Beef,
steady.
Fri.
Thur.
s. d.
27 6
10 10
11 0
11 11
34 3
4 0
3 4
41 6
Wed.
Tues.
g. d.
27 6
10 10
11 0
11 11
34 0
4 0
3 4
41 6
Mon.
Sat.
s.
Flour
CHRONTCLE
THE
396
2.—National bank currency issued (weekly and aggregate), in
bills destroyed and mutilated bills returned (weekly and
return for
aggregate) with the amount in circulation at date:
Week
^-Notes issued for ret'd—, ^-Mutilated notes brn'd-
ending
Current week. Aggregate-Current week. Aggregate
338,240
391,920
Jan.
7
Jan. 21
Jan. 28
Feb. 4
Feb. 11
Feb. 18
Feb. 25
Mar. 4
Mar. 11
Mar. 18
Mar. 25
T—
219,548
763,828
438,340
432,990
243,940
670,370
664,320
806,990
Notes iu
Circulation.
35,295?638'
34,054,855
34,986,115
35,205,663
35,749,943
35,424,455
35,662,728
35,668,395
233,200
406,100
38,612,767
308,889.228
37,535,583
38,199,903
508,050
617,865
39,130.812
39,748,682
309.876.048
39,006,893
461,900
40,210.582
305,209,269
306.288,567
-- --36,194,638
36,620.987
37,129,262
37,703,212
38.235,997
426,849
934,624
*73,950
532,785
385,770
306.554,748
3vi7,35 .953
308,078,713
308,585.728
310.661,758
311,780,103
312,388,551
3.—Fractional currency received from the Currency Bureau by
and distributed weekly; also the amount des-
U. S. Treasurer,
troyed, and legal tenders distributed :
--Fractional Currency.
Received. Distributed. Destroyed.
Week
ending
Jan, 7.
234,897
682.500
653,000
601,400
Jan. 21.
Jan. 28.
Feb. 4.
Feb. 11...
Feb. 18
Feb. 25...
March 4.
March 11.
March 18.
608,000
604.500
961,000
..
177,800
March 25.
Mobile Finances. —A
“
704,366
407.600
719.100
388,285
582,544
699.200
726.400
390,146
673,227
644,800
649.100
307.200
595.671
715.600
633,341
5,132.910
2,239,268
2,943,000
1,540,950
583,600
176,472
856,452
604.500
611.500
327,475
296.397
540,700
639,000
391,941
709,762
1,672,974
3,299,230
2,892,723
3 759,053
747,738
correspondent in Mobile sends the follow¬
the financial affairs of the city:
ing statement of
These bonds
Trunk Railroad
Leg. Ten.
Distrib'd.
642.424
Grand
is not
(Mobile bonds) save the recent issues of $300,000 to the
and $360,000 for wharf purchase (the latter of which
recognized as regular) mature in equal proportion each year until the date of
their maturity. The old city debt, now outstanding, is $1,252,900—$260,000
5 per cents and $992,900 8 per cent.
Please bear in mind that for the past three years our government has been
iu the hands, to a great extent, of strangers and others having very little real
interest in the city or its credit—placed in power by no agency of our citizens,
there has been a want of confidence, if not mismanagement and irregularities
EXPORTS FROM NEW YORK FOR THE WEEK.
1868.
1869.
1870.
1871.
$3,996,447
$3,085,359
$3,559,558
38,466,498
34,017,757
37,826,325
$4,441,092
55,514,030
$42,462,945
$37,103,152
For the week
Previously reported....
...
>
i
.
^Since Jan. 1
The following will show the exports of
New York for the week ending March 25,
March
20—Str.
Cleopatra,
Spanish gold
March 20—Str. Rising Star,
$604
Aspinwall—
American gold....
5,000
silver..
American
550
Foreign gold*
American gold....
15,200
March 21—Str. City of
Dub¬
March 25—Str.
Foundland—
gold....
March 22—Str. Idaho, Lon¬
don—
American gold
Mexican silver....
March 23-Str. Morro
Havana,—
30,000
70,000
au
American gold....
British gold
erpool-
4,900
American
gold..
,.
Gold bars
Silver bars
55,000
41,532
215,726
Foreign silver....
Gold Bars
March 25—Str. City of Lon¬
erpool—
Gold bars
1868.
7,439,864
14,167,724
est on same amount of bonds.
The estimated amount required
$312,000. Tax from
for city expenses and interest this year is
real estate, $20,300,000, at 13^ per cent., $253,500. Receipts
about $150,000; say $403,500. This is our Treasurer s esti¬
from other sources
mate.
With this showing,
Same time in
1867
1866
1865
. ,
,
and the management of affairs in
citizens, Mobile City bonds ought to stand higher than 60 or
Chesapeake & Ohio Railroad.—From a
the hands or nei
85 in yourmarKei.
pamphlet
recently
gather
that
50,000
12,000
35,000
19,000
<S
Miles from
port of
S3
2
.2
o
’o
C
59,196
133,615
90,200
11,857,437
$6,375,362
this statement the city bag good assets to the amount oi
$1,752,715 84—about one-half of which will realize an income equal to the inter¬
the Chesapeake & Ohio Railroad Company, we
they have secured the line of shortest portage between tide¬
water and western inland steamboat navigation, and also the
shortest route from our most important western cities to coast¬
wise vessels.
This will be seen by the following comparison ot
62,796
distances by the old and new routes :
$1,531,579
1, 1871
maturing bonds.
As will be seen by
issued by
Total for the week
•
2,500
Previously reported
‘Total since Jan.
Same time in
1870
1869
•
American gold
11,846
4,169
Silver bars
10,000
default on the January coupons—not from necessity, as
tendered—but for time to take a view of the situation. This
interest has since been met, and the Legislature has recently granted authority
for the issue by the city of $400,000 8 per cent, bonds, a portion only of which
will be disposed of this year to provide for this debt and the payment or
don, LiverpoolGold bars
Silver bars
March 23—Str. Batavia, Liv-
City of Port
Prince, Port
ampton—
109,000
$87,895
4,900
225,000
176,050
au Prince—
American silver...
March 25—Str. Donau, South¬
March 23—Str. Algeria, Liv¬
Foreign gold
Castle,
Spanish gold
lin, St. Johns, N.
American
March 23—Str. North Ameri¬
ca, St. Thomas—
American gold....
March
23—Schr.
Florence
Bailey, Baracoa:
Spanish gold
21—Str.
Holsatia,
Hamourg—
Silver bars
1871:
Foreign silver
Havana—
March
$41,385,883 T $59,955,122
specie from the port of
temporary
were
means
....$13,389,016
6,068,603
5,364,804
4,392,526
*
By
a
p<
a
=3
o
»
o
o
1,201
1,144
be reduced to 822 miles.
The advantage
than t.W. nf
milfiR
in grades, however,
This line from the
H-l
o
o
o
EH‘
H
1 152
800
884
960
1.354
1,182
1.354
1,176
561
517
548
755
761
677
705
736
•935
830
888
992
1,076
941 998 1,202 1,426
to Dayton,
contemplated line from the Ohio River
S3
Eh
E-i
775
997
940
<n
U
CO
902
931
992
2
z
o
o
to
as
S3
A
o
1-3
645
699
p<
>
a
o
562
591
668
861
883
o
o
3
Eh
Richmond, via Ches. & Ohio..
Baltimore, via Balt. & Ohio...
Philadelphia, via Penn. R.R...
New York, via Erie Railway..
New York, viaN. Y. Central.
Boston, viaN. Y. Central
&
02
3
&
this d
s
•
r*<
A
o
O
Eh
*375
828
823
983
980
1,038
'S
is more conspicuous even
Cheasapeake to Cincinnati
THE
April 1, 1871J
CHRONICLE.
freight road
of heavy freights),
winV
pmling ten feet, and not exceeding thirty feet to the mile ; and
same average and maximum going west, w th a single ex¬
piation at one point, of sixty feet per mile. These grades
rill be recognized as something superior for roads traversing
urairie country, and for a line crossing a mountain range at
an elevation of two thousand feet are marvellous.
and ultimately will be, constructed
light grades going east (the direction
be
as a
and Mississippi.—This Company is preparing' to change
au~e from six feet to four feet nine inches.
Changes in the
11
nfno-stock are now being made, and forty new locomotives are
contracted for to be delivered in July. By the end of that month
Ohio
.,
397
Harvey Fisk.
A. S. Hatch.
Office of Fisk & Hatch, Bankers,,
and Dealers in Government Securities,
)
>■
No. 5 Nassau street, New York, March 30,1871.
)
The success of the New Funding Loan thus far, in the face
of many obstacles and disadvantages, warrants the assurance that
tlie Five-Twenty bonds will from this time forward be rapidly
funded at
a
lower rate of interest, and
when United States bonds
can
that the time has gone by
be expected to yield more than
about four per cent per annum on
In
their market value.
twenty days, subscriptions for over $40,000,000 of the New
the guage changed. It will then form Five Per
Cent Loan hrve been received at the Treasury De¬
section in a short line from Baltimore to St. Louis.
Richmond and Petersburg.—The Virginia Legislature has partment, payable in Gou <r Five-Twenty bonds at par—equal to
d a bill for the sale of the State’s interest in this road about 10 per cent premium in Currency.
P
OoooO) to II. H. Ellison and others. This, it is understood,
Holders of Five-Twenty Bonds must shortly decide between an
Irives the control of the line to the Pennsylvania Railroad even
exchange for Government bonds bearing 5, 44 or 4 per cent
Company.
interest, and some other form of investment in which the present
Lease of Lehigh Coal and Navigation Company.-PniLApremium on their Five-Twenties may be saved and their rate of
dei phia, March 28.—At a meeting of the stockholders of the
Lehigh Coal and Navigation Company to-day the lease of the interest remain unimpaired.
Leliio-h and Susquehanna road to the New Jersey Central was
Safe and reliable six per cent securities, in which investors can
approved by a stock vote unanimously.
feel confidence, which can now he obtained in exchange for FiveThe Port Huron and Lake Michigan Railroad Company, of
Michigan, extends from the termini of the Great Western and Twenties at a considerable difference, or bought for new invest¬
Grancf Trunk Railway at Port Huron to the city of Owosso, cross¬ ments much below the Government Five Per Cents, must be
ing the Flint and Pere Marquette Railway at Flint, and connect¬
largely sought after and materially advance in market value, as
ing with the Detroit and Milwaukee Railroad and the Jackson, the certainty that the Five-Twenties cannot be relied upon to run
Lansing and Saginaw Railroad, creating the most direct line from
it is
intended to to have
the western
Grand Huron, Milwaukee and St. Paul, and opening a anuch longer at 6 per cent becomes apparent.
new and short route to Chicago.
The Central Pacific Gold Bonds are especially desirable,
It commands the rich lumber,
stone, coal and grain traffic of Northern Michigan ; contracts have for the
following reasons, viz.:
been executed by which all the advantages of an unbroken through
1. They are secured by a first lien on one of the most productive
line are secured to this Company.
The Great Western Railway,
of Canada and tlie Detroit and Milwaukee Railroad have contracted and profitable railroads in the country, worth several times the
to invest forty per cent of the gross earnings accruing from all
amount of the mortgage.
traffic interchanged with it, in their first mortgage bonds, thus
2. They have the further security of the pledge of the credit and
creating a sinking fund equal to their absorption in less than ten
years. „ A portion- of the bonds remaining unsold are offered for good faith of one of the richest and most successful corporations
the present at 90 and accrued interest by Drake Bros., 16 Broad in the country, distinguished for its able and honorable manage¬
street.
ment and high credit, and having a full paid capital stock of
—We call attention to tlie advertisement of the Elizabethtown about
$60,000,000, with authority to increase its capital to $100,
and Paducah Railroad eight per cent bonds which are offered by
Norton, Slaughter & Co., W. Alexander, Smith & Co., and Hallgarten 000,000.
3. They have a fixed time to run—now about 25 years.
& Co., who recommend them highly as a safe and desirable in
vestment. This Company has a bona fide
4.
They are well known and of established credit in all the princi¬
capital of $3,095,000 ;
the officers and directors are reliable business men of
Kentucky, pal money markets of the world, and are regularly noted and dealt
Tim road traverses a fine agricultural country. There is an abund¬ in
at the Stock Exchanges of New York, Amsterdam, Frankfort,
ant supply of bituminous coal and iron ores
along the route ; G3
Berlin and London, and are as readily salable in large or small
miles are completed and the
Company have purchased iron which
is now being delivered to
complete their road to tlie 113th mile. amounts, at any time, at quoted market rates, as are Government
The entire road will be
nearly completed during the present year. bonds.
the East to
t
earnings of the Central Pacific Railroad Company in 1870
nearly $8,000,000, and the increase for January and February
of this year indicates that the earnings for 1871 will not be less
than from $10,000,000 to $12,000,000, with a net profit of not less
that $5,000,000, while the interest liabilities of the Company are
less than $2,000,000 per annum.
We deal in these bonds, and buy and sell them at current
market rates, and believe them to be as absolutely safe as any
The
BANKING AND FINANCIAL.
Basking House
of
Henry Clews & Co., 32 Wall st., N. Y-
Our business is the
incorporated bank.
opened with us in either Currency or
Coin, subject to check without notice. Five per cent, interest will
be allowed on all
daily balances. Checks upon us pass through
the clearing house as if drawn
upon any city bank.
Deposit
same as an
accounts can be
We issue Circular Letters of Credit for
travelers, available in
all parts of the world
We make tele¬
; also Commercial Credits.
were
investment
can
be.
be had in exchange for Five-Twenties at a profit
This profit may be realized and 6 per cent
graphic transfers of money to any desired point, and transact
gold interest continued with entire safety.
every description of foreign banking business.
FISK & HATCH.
We draw Bills of
Exchange in sums from £1 upward on.
The Imperial Bank, and Messrs.
UNION PACIFIC LAND-GRANT BONDS.
Clews, Habicht & Co., London.
The Provincial Bank of
Office of Morton, Bliss & Co., Bankers, )
Ireland, The National Bank of Scotland,
They
can now
of about 15 per
cent.
_
New
and all their branches.
V
issue Certificates of Deposit payable on demand or at fixed
date, bearing interest, and available at all money centres.
Orders executed for Government and other investment securi
ties; also Gold and
Exchange.
e
Advances made on approved collaterals and against Merclian
consigned to our care.
We make collections of
Notes, Drafts, Coupons and Dividends
Mth
promptness on all points, and are fully prepared to offer
banking facilities upon either currency or gold basis.
dise
NORTON, SLAUGHTER & CO.,
WM. ALEXANDER SMITH & CO.,
HALLGARTEN & CO.,
Recommend,
after
thorough investigation into the affairs of the
safe and desirable investment, the Eight Per
Cent First
Mortgage Bonds of the Elizabethtown and Paducah
lailroad Company of
Kentucky. We are only authorized to offer
&
limited amount of these securities at 874 and accrued interest
he bonds offered
are on the
Company,
18
S
“
“
i 46.
n account of these sales the company
has received and redeemed
land-grant bonds to the extent of
For the remainder the Company holds land-notes maturing in one,
two and three years with accruing interest
Total
“
The condition of the land department may,
Bonds
$736,000
576,650
$1,312,650
therefore, be stated thus:
.$10,400,000
a
as a very
in successful
operation.
York, March 20,1871.
undersigned offer for sale the balance of the Land-Grant Bonds of the
Union Pacific Railroad Company. The road has 1 een in operation about
twenty months. It is completed in all respects, and its earnings have aver
aged $8,000,000 per annum. These bonds bear .7 per cent interest, coupons
payable April and October.
They are receivable at par in payment for the Company’s lands.
The following summary of the financial condition of the Company is from
the address of Colonel Thomas A. Scott to the stockholders, upon his accept¬
ing the presidency, at the annual meeting in Boston, March 8:
Land Department.—Bonds, 7 per cent currency. $10,400,000.
Land Sales.—292,900 acres ; proceeds, $1,306,566; average price per acre,
The
completed portion of the road, which
Principal reduced by bonds redeemed
Land Notes
on
hand
Showing an absolute reduction
The Company is entitled, under the grants from Government,
after deducting total lands preempted before passage of
$736,000
576,650
$1,312,650
the act to
From which deduct the amount heretofore sold
12,080,000
292,883
Leaving on hand
11,787,117.acres,
as an asset
acres.
acres.
THE CHRONICLE.
[April 1,1871.
usually giving rise to
an average value of two dollars per acre, being twenty per cent
below the minimum Government price for adjoining lands owned by it, should
—which at
more demand for money from
broV
currency to tbe Interior to meet the fl
moderate outflow of
a
’
April settlements, and lastly, the rumors which have nrev?i
apparently with good foundation, that an attempt would somTu
made to “ lock up” money for the
purpose of depressing stool*
A very confident feeling prevails that the
general course of
market during the next lew months, will be one of
ease altlm
h
it might be possible for parties who are
operating
for a
in stocks, to lock up several millions of
legal tenders and th
create a seven per cent loan market for a few
days. The knowl H
that the Secretary of the Treasury is
unquestionably interested^
having easy money during the negotiation of the new Governmem
a completed road show net earnings sufficient to meet the interest upon its
Loan, has been for some time the most important influence hear’
antire bonded debt.
upon the market, and induces the belief lhat no severe strine-e1^
This result cannot but be deemed, by all practically versed in the history can be produced by speculative manipulation.
In fact, the adve^
of new railway lines, as indicating a successful future. The yearly increase influences seem to be so great that it was
reported this afternoo6
yield th e gross sum of $23,574,234, so much thereof as may be required to be
ipplied to the payment on redemption of the land-grant bonds, and the bal"
ance to go into the Treasury.
The average land sales amount to about $75,000
per month.
From present indications it would seem reasonable to estimate the
groEP receii ts of th coming year at a minimum of
$9,000,000
With a rost of maintaining ana operating the line on this increased
earning of not exceeding say.
—
4,500,000
Leaving as net receipts to be applied to interest t nd dividend, ex¬
clusive of the operations of the land department
4,500,000
“The operations of the line for the first twenty months of its existence as
-
..
“
that the combination had determined
of
traffic, costing but little additional to transport, and therefore yielding a
large percentage of net revenue, must soon give a value to your property not
aadily appreciated at present.
MORTON. BLISS & Co-, No. 30 Broad street.
'NEW
LOAN
OF
THE UNITED
STATES.
Liabilities.
OF
SUBSCRIPTIONS-PRIVILEGE STILL OPEN FOR
$200,0 0.000 FIVE PER CENTS.
.The department has advised by telegraph that ten subscriptions to the loan
to Thursday last, March 30, amount to
$.7,100,0 0. The Secretary has
aleo authorized the notice that the unconditional
privilege of subscribing to
tan first-class of bonds, five per cents, to the extent of
$200,0.0,000 remains
open until farther advice.
The proposed loan comprises three classes of
bonds, namely:
First. Bonds
to the amount of five hundred millions of
Dec.
Net Profits
Circulation
Due Banks
Due Depositors
Unpaid Dividends
Totals
Loans and Discounts
Specie
Legal Tenders
five per cent.
| Fourth. Subscriptions for any five per cent, bonds that may not be subscribed
for in the pi eceding classes.
When a subscription is made, the subscriber will be
required to deposit two
per cent, of the amount thereof in coin or currency of the United States
or in bonds of the class to be
exchanged, to be accounted for by the Govern¬
ment when the newbonds are deli vert d ; and
payment may be made either in
coin or in Londs of the Lnited States known as
Five-Twenty bonds, at their
par value.
The coin received in payment will be applied to the
redemption of FiveTwenty bonds, and the debt of the United States will not be increased bv
this loan.
The bonds will be registered or issued with coupons, as may be desired
by
Registered bonds will be issued of the denominations of
$50,
•ICO, $£C0, $1,CC0, $5,GC0 and $10,COO ; and coupon bo. ds of each denomination
I<
lubscribers.
The interest will be payable in the United States
at the
office of the Treasurer, any Assistant
Treasurer, or designated depositary of
the Government, quarterly, on the first
days of February, May, August ard
November, in each year.
The bonds of the several classes aforesaid, and the
interest thereon are
exempt from the payment of all taxes or dues of the United
States, as well as
from taxation in any form by or under State,
municipal or local authority,
t After maturity, the bonds last issued will be first redeemed,
by classes and
7,745.900
16,786,200
4,749,600
20,080,000
41,040,000
111,400
'.
Over Drafts
tlieir purpose
Liabilities.
$13,285,000
27,687,300
82,111,500
78.536,700
182,588,800
690,610 Dec.
619,000 Dec.
17,728,000 Inc
13,218,700 Inc.
146,600 Dec.
188,900
$344,298,200
$29,550,500Inc.
Comparisons.
Resources.
$194,360,500
57,038,606
7,882,700
11,680,800
8,851,800
19,911,900
49,432,100
140,300
$25,508/00 Inc.
51,606,800Inc.
136.800 Inc.
5,055,900 Dec.
897.800 Dec.
168,100 Dec.
8,392, 00 Inc.
28,900 Inc.
United States notes, old issue
United States notes, new issue
United States notes, issue of 1869
One-year five per cent notes
Two-year five per cent notes
Two-year five per cent coupon notes
„
$98 621
202,166 387
153,833,663
*
134,867
46,452
83,702
1,885,490
4.445,060
8,246,060
6,389,012
26,250,311
I Fractional
Compound currency,
intt rest notes
first
"
issue
Fractional currency, second issue...
Faaetional currency, third issue
Fractional currency, fourth issue
Total
$398,529,277
.
The last returns of the associated banks of this
city for the week
ending March 25, were not favorable, showing a decrease of
$3,046,738 in specie, $430,237 in legal tenders, $21,817 in circuJation, $5,171,341 in deposits and $1,462,084 in loans; tbe result of
which was to leave the excess over legal reserve $10,470,090, a
decrease of $2,178,686 from the previous w’eek.
The following statement shows the present condition of tbe
associated banks, compared with the same date in the last two years;
Mar. 25,1871.
Loans and discounts.
Specie
Circulation
Net deposits
...*.
Mar. 27, 1869.
$2:0.807,7^3
$268,909,589
19,617,007
31,583,:+ 8
225,7i4,S02
32.271.232
12.(78,722
33,674.844
208,910.713
52.685.063
34,7.7,814
180.U3.910
50,555.103
LeRal Tenders
On time
Mar. 26.1870.
*291,114,320
55,193,403
loans the rates have
.
hardly changed from those pre¬
viously quoted, contracts having been made at 5 per cent for 60
to 90 days and 6 per cent for 3 to 4 months on approved collateral.
For commercial paper the demand continues good with a com¬
paratively small amount offering.
Commercial,
first“class endorsed
“
“
••
“
**
“
“
“
“
single
“
names
Bankers’, first class foieign
•
*
'
domestic
-
60 days.
4 montnB.
6 months.
CO days.
months.
60 days.
3 to 4 months.
4 to 6
per cent
6 © ...
6K@ 7
7 ©8
6»
7 @10
6 @ 6*
6>^<a 8
Bonds.—Government bonds were dull and
lower in the early part of the week, but have since been decidedly
United States
strong on an improved business. The decline in gold
and tbe slow
tbe principal causes of tbe weak¬
gold has not since been materially
numbers, as may be designated by the Secretary of the Treasury.
higher, the greatly improved prospects of the 5 per cent loan have
The bonds will be issued at the United States
Treasury, but the agents for inspired much confidence in all classes of Government bonds, fol¬
the negotiation of the loan'in Europe are authorized to make
lowed by an important advance in prices, both at home and
arrangements
with subscribers for the transmission of the bonds to the
The chief cause of the remarkable change for the better
agents through whom abroad.
subscriptions may be received.
w’hicli has thus suddenly taken place in the prospects of the loan,
Subscribers in the United States will receive the new bonds of the
is to be found in the fact that the Secretary of the Treasury has
agents
with whom the subscriptions are made.
made, or proposes to make, some important changes in his arrange¬
In the United States the National Banks are authorized to
ments for negotiating the bonds, and the active co-operation of
receive subscrip¬
tions, and subscriptions may also be made at the office of the Treasurer of the some leading houses in this city has recently been obtained, wlncn
United States, or of any Assistant
Treasurer, or the designated depositaries has given more confidence that the new five per cents are really a
auBufialo, N. Y.; Chicago, Ill.; C.ncinnati, Ohio; Louisville. Ky.; Mobile, good investment, and that the loan will be an entire success, yne
Ala., and Pittsburg, Penn.
firm, conspicuous as heavy dealers in governments, subscribe
$1,000,000. The total subscriptions now amount to about $ou,*
000,000. The advance in London has also been very decided an
h ;>
(inkers
If V
is probably due in large measure to the advices from this si
diet t e.
reporting the more favorable prospects and inducing large pu
Friday Evening, March 31, 1871.
chases in that market. The idea is gaining ground that un
money Market.—Money has been decidedly easy
during the the impetus now given to the new loan, the old Frve-lwe
whole week with the bulk of transactions on call loans at
4@5 per will soon advance above par in gold. Mr. Boutwell will be in x
cent, while during the past few days large balances have fre¬ York on Monday, April 3d, to complete his arrangements wnn
quently been offered to the heavy government houses at 3 per the bankers. At the purchase of $2,000000 on BWednes ay
cent.
This remarkable ease in the market lias also continued in bids were
only $2,529,800, an amount so small as to give nrmness
the face of several influences which would
naturally lead to firmer
rates, among which we may mention the unfavorable bank state-1
ment of Saturday, March 25, a decided
activity in the stock market •
-
f
Comparison*;
March 18, ’71.
Totals
$314,747,700
$344,298,200
The following is a detailed statement from Washington, of the
United States currency of all classes outstanding at this date:
Third. Bonds to the amount of seven hundred millions of
dollars, payable
in coin, at the pleasure of the Uuited
States, after thirty years from the date
of their issue, and bearing interest,
payable quarterly in coin, at the rate of
four per cent, per annum.
Second. Subscriptions for equal amounts of each class of bonds.
Third. Subscriptions lor equal amounts of bonds
bearing interest at the
rate of four and a half per cent., and of bonds
bearing interest at the rate of
$168,8:2,300
55,432,300
Stocks
Real Estate
Due from Banks
Cash Items and Bank Notes
Stcor d. Bonds to the amount of three hundred millions of
dollars, payable
in coin, at the pleasure of the United
States, after fifteen years from the date
of their issue and bearing
interest, payable quarterly in coin, at the rate c*
four and a half per cent, per annum.
for twenty days one half for subscribers in this
country and one half for
Subscribers in fore'gn countries.
$314,747,700
Resources.
dollars, payable in
Subscriptions to the loan will have preference in the following order,
namely:
F.rs'. Subscriptions that may be first made for five
per cent, bonds to the
amount of two hundred millions of
dollars; of which there will be reserved,
28, ’70.
$73,235,000
,267,900
82,730,500
00,80S,700
119,370,100
335,500
Capital
coin, at the pleasure of the United States, after ten years from the date of
their issue, and bearing interest payable quarterly in
coin, at the rate of five
per cent, i er annum.
except the last two.
to abandon
locking up money. The Banks having now made their returns to
the Comptroller of the currency, and not
expecting another call
soon, will use'their funds much more freely than before
the1
returns were made.
The following shows the
quarterly statem^*
of the National Banks of the city of New York:
progress of the new loan were
ness referred to, and although
April 1,
Saturday. Monday, Tuesday, Wednesd’y
28. March 29.
March 25. March 27. March
115%
*115% 115%
115%
115% 115%
iRfil coup...
6
112% 111% 112
112% .... *112
*1'.1%1H% 111%1'1X
111% 112
B-20’b.18M (
112% .... 111% .... mv m%
1 IK 112*’
S-aO’B, 1865
110^ 110K 110% 110% 110% 110% 110% 110%
110% 110K 110% 110% 110% 110% 110% 110%
2&’b?1862 coup.*Il|Ja U2%
.
..
BfciS
lit
108
:
SSton
CHRONICLE.
THE
1871.]
....
105%
lisx
Thursday,
March 80.
115V 116
111%
‘111% 111%
....
miiv ii’%
110% 110%
no%
....
*nov 111
*110% 110% *110% 111
108 1(F% ios%
108% 108% 108
114
114% 114% 114% 114%
114
1'1%
....
....
....
....
....
Friday,
March 31.
-16%
112%
112%
112%
111%
111%
111%
10S%
115%
116%
112%
112%
112%
111%
111%
111%
108%
116
Miscellaneous Stocks.—The week has been
active one in the stock market, and transactions in the leading
snpculative favorites have at times been very large, especially in
T ke Shore, amounting on Monday to some 70,000 shares, although
•Us estimated that there are not over 110,000 shares on the street.
U
The other Western stocks have also been strong and active,
ally closing at a material advance on last week. There has
leen the usual crop of rumors upon the street as to clique opera¬
tes the most Prom*nent being that a combination had been
formed in the short” interest to lock up money, although at the
Railroad and
said that the project had been abandoned.
Stocks are now much higher than they were daring the last
few months'of 1870 or the early part of the present year; and
although there is at present no prospect of a decline, and the
stocks of dividend-paying roads may be fully worth what they
are selling for, it is self-evident that they are a better sale than
they were six weeks ago, when 10 per cent lower.
to-night it was
The
of prices will be found interesting :
following comparison
Oct.
New
York Central
do.
do.
& Hudsondo.
River
certifl cates.
Jan.
Jan. 3,
1, ’70.
Lake Shore
Reading.....
Rock Island
1i?5/
Wabash
do.
UniouTelegsaph
From the preceding
114V
58%
71%
89
82
97%
61%
28
80
47%
-
135
136%
1154'
89%
44%
42%
36%
Western
103
7') v
32%
136%
25%
Illinois Central
Union Pacilie
Pacific Mail
9G%x
92 Vx
102%
51
63%
80%
6t. Paul.
do. preferred...
Ohio & Mississippi
March 31, ’71.
’71
91%
87%
91%
99%
104%
49%
92
87%
25%
43%
53%
comparison it will be seen that prices are
months or three
generally much higher than they were six
although the market was then without life and
depressed by long dullness.
The following were the highest and lowest prices of the active
months ago,
list of railroad and
miscellaneous'stocks
Saturday,
March 25.
N.Y.Cent&I/.K
do
scrip
Rarlera
Erie
95%
92%
91 If
92%
129%
20
.
.
•
20%
F2% 102%
100% 1"1%
56% 57%
113
118%
Pittsburg
85% t6%
Northwest
do
pref 95% 96%
Rock Island... 114
114,
Fort W ayne...
95%
60% ei%
St. Paul
d>
pref.... 19% 80
46% 47 V
Ohio, Mlssissi')
Ontral of N.J. 105 V 106
Chic. & Alton.. 114%
Rending
Lake shore....
Wabash
•
do
do
Panama
•
•
•
Col.Chic. & I.C
*71% 71%
8i% 85
21% 23
Del.,Lack ,& V
Hann., St. Jos.
do
pref
106%
Illinois Centr’l
Mich. Central.
Morris & Essex
B.,Hart. &Erie
Uni«>n Pacific.
West. • n. 'i el.
131%
MarposapreL.
Quicksilver....
87
95
....
87%
95%
....
122
122%
89%
1%
*1%
22% 23%
57%
9%
10%
58
92%
20 V
21%
57% 58%
118% 114
86% 87%
96
96%
114% 115%
*96
96%
61% 62%
10
80V
47% 48%
105% 106
111% 115
‘71
....
71%
85%
38
23% 23%
106%
88
83%
95% 96 %
....
135
122
89 V
....
....
.
.
1%
*1%
28 V 23%
5<% 57%
9%
72%
47 V
43
72%
Am.Merch.Un
United States.
47
Wells, Fargo..
48%
m
This Is llie price bid and
•
43
•
.
94% 96 V
91% 94
130
21%
-103%
103%
57% 58%
113% 113V
bi
37V
96% 97%
llo% 115%
96% 96%
61% 62%
79% !-0%
47% 47%
105 V
.
.
117% 118%
119
*n
88
120
72
....
83%
23 V
106%
88%
97%
134%
122%
89%
*1V
23%
57%
9%
106.%
90
93
....
•
-
.
19V
.1%
26%
57%
9%
1% 12
13
43%
43
73%
iO
.
28.
March
....
.
72%
47%
Tuesday, Wednesd’y Thursday,
*129
21
103
102% 103
101% 102 V 102
*11%
Pacific Mali....
*
95
91%
129%
11%
43%
Adams Expr’ss
*
94%
117%
pref1 416%
Clev.,(J, C. & I
Mond ay,
March 27.
.
.
47%
48%
*40%
41%
each day of the last week:
on
*47%
46%
43
44
74
43
41 %
March 88.
95%
103
103%
101V 103
57% 58%
113
113 V
87% 88%
96% 94%
114% 115%
96%
60 V 62%
79% 30%
46% 47%
105% 106
118% 119%
121
*120
87
....
122%
87%
23% 23%
10(5% 107%
March 80.
96
92
92%
128
129
21
21%
102 V 103
10! % 102%
Friday.
March 31.
95%
95% 36%
92% 9:5 ig
12S %' 123%
81% 21%
103
t-.t
*9%
12%
58
53%
57%
H3% 113%
88
96 V
89
96% 96%
114% 115
97%
....
60%
61%
79%
80
47
106
43% 44%
74% 74%
*47% 47%
43
...
43%
.
58%
H3,% 113V
38%
96% 96%
114% 115
103%
6i% 6! %
79% 30%
47%
47%
113%
120
120
*71%
*
♦
-
..
12%
13
44
43%
75%
47%
48
*43
23%
107%
90
98%
135%
o
26%
59%
44
74% 74%
*47% 48
48%
43%
42%
•
•
.
asked, no sale was made at tho Board.
some
cases
to an
Southern
State
bonds
important extent, influenced
largely by intelligence received in regard to legislative or other
proceedings in the respective States. In Virginia the funding bill
has become a law, authorizing tlie funding of two-thirds of all
the bonds and interest due up to July 1, 1871, in six and five per
cent bonds
respectively, and the issuing of certificates of indebted*
uess for the other
one-tliird, which will be settled when the ques¬
tion of dividing the debt is decided
between Virginia and West
Virginia ; the old bonds have advanced on this to 73|, and the
new to
,714, although the latter have more coupons to be funded
than the others. Tennessees have also been strong on the im¬
proved prospects in that State. New South Carolinas have sold
down to 59£@59-$ on the reports of threatened resistance to the
collection of
taxes in the State in consequence of the oppressive
rates to which
they have been raised. One of the rumors of the
inarket, however, states that
some
of these proceedings in the
State have been
designedly organized for effect on the price of
bonds, and tlie treasurer of Richland County, now in this city,
states that the taxes are coming in well and are already threequarters or seven-eights paid.
From New Orleans we hear of a meeting of prominent citizens
to protest
against any increase in the State debt beyond its present
figures, viz.: $25,000,000, to which it is limited by an amendment
to
the State constitution.
North Carolina bonds have also been weak for the
25 U
68"
65
65%
92%
92
83
75
68%
95% 95%
new
Tuesday, Wednesd’y, Thursday, Friday,
March 23.
March 29.
M arch SO. March 81.
65
65% 65%
64% 64%
64%
64%
*61% 65
64% 64%
47
47% *46% 48
24
25
24V *24
67%
*67%
61%
‘46% 47
....
25
....
64%
92
S3
53%
95%
...
92%
69% 70%
60% 60%
9‘2%
83%
61% 62
92% 92%
83%
75
75%
*68% ..n
47
*23
78
59
95
95%
71%
60%
33
....
69
....
34%
9<H 92%
83%
75% 75%
69%
95%
....
....
95%
65% 65%
....
....
64
63
92
33
75
69
95
68% 09
C9%
....
.
....
.
Tills Is the price bid and asked, no sale was made at the Board.
The Gold Market.—Gold
has been lower
the prospect
of
negotiation of the Government loan and the
possibility that a large amount may be thrown on the market
in April by Secretary Boutwell.
Upon this idea a large short
interest was created which -was partially covered by some con¬
siderable purchases at the recent decline.
There is, however, a
pretty large short interest still outstanding, and if the Treasury
programme for April should be no different from that of March, as
there are some indications that it may not be, an upward turn in
the market would not be improbable.
4
The mercantile demand continues to be large, customs receipts
for tlie week amounting to $3,621,000.
Exports have not been
considerable compared with last/week’s, which exceeded $1,500,000.
At the Treasury sale of $1,000,000 on Thursday, bids reached
the largo sum of $4,122,000.
Rates for carrying gold have
ranged from “ flat” to 3 per cent, and to-day 1 and 2 per cent for
carrying and “ fiat” for borrowing.
4
Tlie following table will show the course of the gold premium
each day of the week past:
on
the successful
—Quotations.—
LowClosHigh-
N
Opening.
Saturday,Mar,25.. ..110%
27..
..11"%
Monday,
28 ..no%
Tuesdav,
29.. ..110%
Wedn’d'ay,
3i) ..110%
Thursday,
ol.
.110%
Friday,
“
“
“
“
.
,4
•
.
Current week
110%
Previous week
Ill
Jau 1,1871, to date.. 110%
est.
est.
ing.
110%
110%
no%
110%
110%
110%
110%
110%
110%
110%
110%
110%
liqv
110%
110%
110%
llo.V
110%
110%
Total
4 p. c.
28,9 7,000
110%
30,351,000
110%
110%
111%
110%
232.512,000
180,1(12,000
$4 86
Sovereigns
Napoleons
German X thalers
Prussian X thalers......
X
3 86
7 75
7 95
premium.
@ $4 90
® 3 90
@ 7 90
@ 8 40
3 90 @ 400
16 40 @ 16 60
guilders
Spanish doubloons
15 50
American silver (old coinage)
Patriot doubloons
@ 15 65
Balances.
,
Clearings.
$40,058,000
22,637/00
70,801,000
59/58,Of 0
110%
112%
110%
The following are the quotations in gold for
ican coin :
American silver
American gold (old coinage)
.
Gold.
Currency.
$2,669,542 $2 985 661
1,601,350
1,779,272
1,499,843
1,720,368
2,008.524
1,890,696
1,258,173
1 507,979
1,047,315
941,598
94-1,598
1,190/05
1,047.315
1,825,969
foreign and Amer¬
97%@
9S%
96
95
19
97
96
(new).
Dimes ami half dimes...
Five francs
Francs'
English silver
®
®
@
19%
4 85
4 75 @
70
©
71
1 04
@
1 06
Prussian thalers
Specie thalers
Mex'can dollars
1 03V@ 1 04%
Spanish dol ars
2<33 p.c.Dremium.
South American dollars
par.
l@2p.c. premium.
Exchange—Leading bankers reduced their rates
the week, but advanced them again yesterday and
close at 109$(q)109-L generally asking the higher price.
The
slight falling off above referred to was hardly an indication of
any tendency toward easier prices, but was merely a fluctuation
induced by the high range in rates which had naturally checked
the demand for bills.
Some of the leading drawers purchased
freely of the better class of outside bills offering, and tlie supply
being thus taken up, they again advanced their own rates to 109£.
The good borrowing demand for gold lias also prevented holders
from purchasing exchange with their gold, when it could be
Foreign
loaned to advantage.
From £50,000 to £75,000
loan of the Pennsylvania
has been drawn against the sterling
Railroad Company, whose bonds are
negotiated in London from time to time as the money is required.
Apart from the considerations above mentioned the tone of the
market has been one of hesitation, and buyers are waiting to see
the course of gold and of the United States Loan.
The exports of
cotton from all ports amount to 111,000 bales, worth about
$0,961,929 in gold, at current prices, against 72,525 bales in same
week of 1870, producing then $6,850,711 in gold, with Middling
Uplands at 23c., and gold at 112.
Quotations are as follows:
London
(4
....
5.13“V(©5.!5
5.13%@5.13V
Antwerp
Swiss
Amsterdam
41
®
41%
Hamburg
86% ®
S6%
Franklort
Bremen...
Prussian thalers
41
41%
79%® 79%
71%@ 71V
H
The transactions for the week at the Custom
Treasury have been as follows
House
Receipts.
Saturday, Mar.
Monday,
“
Tuesday.
“
Wednesday, “
Thursday,
“
25....
27....
Friday,'
81....
“
28....
29....
30....
Total
$607,000
470,000
700,000
567,000
439,000
838,000
$3,621,000
,
:
Balance, March 31..,
...
...
@
@
5.08*@5.!0
5.08%@5.(9%
41%@ 41%
S6%@ 36%
“
41X® 41%
79%@ 80
<0%® 72%
House and Sub-
X
Receipts.
,
Payments.
,
Gold.
Gold.
Currency.
Currency.
39
$649,554 31 $1,828,316 21
$248,^29 70
54
213,446 70
93,584 87
378,203 S4
$937.561
828,879
812,225
944,076
1,060,573
962,310
78
176,988 68
4,203,978 48
69
1,494,182 S2
$5,625,627 97
66,315,794 52
$6,872,305 17
93
64
1 31,179 65
6,352,703 51
$71,971,422 49 $13,225,008 68
Payment during week
Days.
110%®
109%® 109%
commercial...
Paris (hankers)
issues,
circum¬
make a
3
60 Hays.
lOD-U®
prime bankers
Balance. March 24
and commissioners
recently appointed to investigate the
stances of the negotiations of these bonds will probably
63% 61
*63% 63%
*46% 47
6-1
64
47
*24
*67
*24
*67%
tin. Pac. 1st....
U. P. L’dGt....
U. P. Income..
Cent.Pae.Gold
*
March 27.
4 early in
*
9%
9%
12%
43V
74 V
6s Tenn.,old...
6s Tenn,new...
68 N.Car., old..
6s NT.Car., new.
6s Virg., old.,..
6s S C, n, J & J
6s M'ssourl....
Monday,
March 25.
48
106% 107%
11S%
.
9V
.
101V 102%
*71%
86% 36%
86%
23
22% 23%
107
107% 107
90
89
89
89%
*97% 99
97% 98
97V
135
*135
135% ''135
*121% 122% 121%
121%
‘0
91
90% 90%
2
2
*1V
MV
25
26% 26%
25% 26%
V
57 % 57%
58%
57% 59%
State and Itailroad Bonds.—Tlie
have fluctuated in
96%
92% 93%
129
129%
20% 2!%
report which may form a basis upon which the Legislature will
take action in regard to them.
Railroad bonds havs not been
particularly active. The closing quotations for Pacifies were as
follows: Union Pacific first mortgage bonds,
83@831; Land
Grants, 75£@75f; Incomes, 69i@69*; Central Pacific bonds.
95i@95|.
The following are the highest and lowest prices of the most,
active State Bonds at the Board on each day of the week:
Saturday,
Trills is the price bid and asked, no sale was made at the Board.
close
899
4,254,831 60
5,860,981 15
$67,717,090 89
$7,364,027 IS
111,531 85
1,061,536 21
59,641 65
1,099,720 81
4 6,011 3S
786,009 13
2/88,169 40
1,404,228 15
$4/31,831 60 $5,860,981 15
.1
THE CHRONICLE.
400
New York City Banks.—The following statement shows the
condition of the Associated Banks of New York City for the week
ending at the commencement of business
AVKBAGI AMOUNT OF-—
Legal
CircnlaLoans and
Net
tlon. Deposits, Tenders.
Capital Discounts. Specie.
$797,800
$8,000,000 $12,431,700 $2,831,200 $823,000 $11312,800
1,192.000
492,000
9,800 S.998,600
2,050,000
5.516.500
868.100
1324,900
4370,800
1,044
500
3,000,000 6.889.700
BANKS.
New York
Manhattan..
Merchants’...
Mechanics
Onion
America
Phoenix
2,000,000
6.218.700
1,500,000
4.883.400
7,944,390
3,000,000
1,800,000
1,000,000
1,000,000
600,000
t
City
Tradesmen’s
Broadway
Ocean
Mercantile.
Pacific
••••••••
Republic
Chatham:
People’s
NocJth American
Hanover
Irving
Metropolitan
1.821.147
44,084
179,782
446.968
484,519
53,200
1.879.600
1,034,327
3,098,002
500,000 1,885,182
2,000,000
4,299,815
5,000,000 10,087,800
10,000,000 21,355,925
1,000,000
7,093.200
1,000,000
2,223,946
3.802.400
1,000,000
422,700
2,008,940
5,861,092
2,000.000
2,092,600
450,000
412.500
1,587,069
2,898,527
1,000,000
1,000,000
2,461,086
500.000
1.868.000
4,000.000 10,927.231
12,400
252,700
1 95,700
200.000
600,000
St. Nicholas
Shoe and Leather
Corn Exchange
Continental
1,500,000
1,000.000
2,000.000
750,000
300,000
Commonweffctti
Oriental
Marine
Atlantic
400.000
300,000
Importers and Traders*.. 1,500.000
i
763,077
2,000.000
500,000
Park
Mechanics’ Banking Ass.
Grocers’
North River
East River
Manufacturers & Mer....
FourthNatlonal
Central National
Second National
Ninth National
First National
Third National
New York N. Exchange*
Tenth National
300.000
259388
173,579
493,000
88,262
173.955
13,000
976.499
37,953
60,566
108,100
2,905,000
2.778.100
3.646.600
2,712,000
4^80,599
100,200
43,900
233.500
4,610
Dec.
Specie
Circulation
Dec.
Dec.
The
following
are
$1,462,084
3,046,738
21,817
127,663
786.670
232.821
1,545,726
1375,800
3,873,128
1,444300
898,247
5.204.300
6,158,510
6,038,700
527,581
863.600
1,219,503
8.238.900
1,5573?0
5,101,742
2.488.400
1,243,059
2,407,396
1,486.317
1,676.000
5,426,748
1,245,059
2,086,886
1.805.500
247.670
842.821
597.800
158,126
,
267,422
577.600
449.100
793.300
197,000
5T4,000
681.100
221,720
532,560
143,814
2,961,500
4,297.860
486.800
144,763
186,216
282,100
225,000
3.959,000
2,894.000
1,189,746
1364,530
726,467
505.200 12,474,000
971.500 20,706,974
1,087,600
304,700
584,139
1,915
992,738
10,958
627,900
274.500
677
1,018,900
2,930,100 16,555,200
98,157
795,967
19300
7,468
827,000
326,632
474,000
723,000
833,052
1334,200
2.496.500
1,299,100
2307.229
2.181.400
29,425
3.400
2.400
967,200
136,000 1,882,500 10,238,000
1.260300
265,000
772,000
6,768,000
120,000
829.700
5.648.900
164,000
433,100 789,000 5.705.300
800
815,400
266,800
90,800 901,600 4,890,600
225.000
1,010,675
12,321
179.500
1.075,600
275,200
2,575.927
1,689,795
6,389
5,307
526,381
4n?i
426,741
505,383
250,000
810,958
40,648
418360
837,100
7,100
1,063,321
4,500
395.500
1,831,000
969.600
1,291,200
Banks.
Atlantic
Capital.
Atlas
1,500,000
1300,000
1,000,000
Blackstone
Boston
•Boylston
Eliot
Everett
200.000
323,377
72,408
63,046
182,678
358,351
‘129,606
1,000,000
Faneull Hall
Freeman’s
Globe
600.000
1,000,000
750,000
Hamilton
Howard
19,617,00731,583,398 225.774,302 55,193,408
follow b :
Net Deposits
Dec. $5,171,341
Legal Tenders
Dec.
430,237
800,000
400,000
3,000,000
200,000
Suffolk
Traders’
1,000,000
900,000
1,000,000
1,000,000
2,000,000
1,500,000
600,000
Tremont
2.000.000
Old Boston
Shawmut
Shoe & Leather
State
Feb. IS.... 274,912,520
Feb. 25.... 278.005,999
March 4... 282,631,886
March 11.. 289.353 394
March 18.. 292,576,404
March 25.. 291,114,320
Philadelphia Banks.—The following is
of the Philadelphia National Banks for the
day, March 27,1871
-
^ >
*
Capital.
$1,500,000
North America
1,000,000
Farmers and Mech. 2,000,000
Banks.
Total net
Loans.
$4,951,000
4,049,865
4,812,785
Commercial
Mechanics’
Bank N. Liberties.
Southwark
810,000
800,000
500,000
250,000
2,435,000
2,382,000
2,444,000
1,409,400
Kensington
250,000
1,079,772
Penn../
500,000
400,000
570,150
Manufactureis’....
Bank of Commerce
Girard
Tradesmen’s
Consolidation
150,000
250,000
796,000
275,000
750,000
1,000,000
202,000
900,000
2,816,000
2,170,000
250,000
1,000,000
200.000
300,000
400,000
Commonwealth
800,000
500,000
Exchange....
Union
1 384,210
1.342,156
1,810,000
774,470
3,601,000
1,427,370
1,132,984
1,248,879
907,724
1,696,000
1,371,000
3,648,000
1,043,400
811,608
513,000
Citv
Corn
300,000
1,000,000
800,000
First
Third.
Fourth
Sixth
200,000
Seventh
Eighth
Central
Bank of Republic..
Security
Tota>
..
the average condition
week preceding Mon¬
:
Philadelphia
Wes ern
Aggregate
Clearings.
56,866,636
463,147,419
57.178.408
399,559,017
58/19,768
667,431,830
57,045,884
648,141,609
55,623,645
589,685.759
55.193.408
564,164,284
$15,957,150
Specie.
$74,000
5,941
60,619
3,200
646
8,000
25/500
4,810
4,000
2,407
8,058
38,000
6,470
8/377
18,000
5,800
8,000
39,000
8,825
13,000
iojodo
1,200
347,000
$53,304,123
L. Tender. Deposits.Clrculat’n.
$847,000
873,752
1.053,155
548,000
341,000
580,000
557,800
247,000
211,455
381.050
233,000
209/594
690,000
353,009
231,91*
403,960
276,208
404,000
367,000
1,119,000
847,600
226,714
158,000
280,000
179,000
622,000
428,000
65,000
$344,353 $12/234,214
$3,035,000
2,701/142
3,135,350
1,442,000
1,197,000
1,969,000
1,434,300
767,978
948/507
1,308,859
1,008,611
548,919
2,417,000
, 975/274
750,853
792,316
860,989
$1,000,000
797,850
791,880
617,000
478,150
457,000
213,900
226,995
178,000
447,196
217,680
593,000
173,651
270,000
352,161
212,175
450,000
221,0C0
798,000
262/516
179,000
135,006
1/248,000
1,371,000
3,231,000
998,700
1,021,678
383,000
718,009
240,900
590,000
800,000
115,000
1,000,000
2,800,578
1,000,000
1,876,056
1,000,000
4,048,62#
1,000,000
Hide & Leather
Revere
1,500,000
2,000,000
1.6T7.046
3,087,239
4,207,957
593.977
200,000
Security
Union
Webster
1,000,000
1,500.000
2,507,513
3,023,086
200,000
506,494
Broadway
„
$47,550,000 $111,149,883 $1,929,861 $12,906,442 $46,249,159 $24,781,444
.s
Same as last week.
Not received.
The deviations from the returns of previous week are as follows:
Loans
Dec. 556,942 | Deposits.;
Dec. 819,066
Specie
Dec. 153,264 Circulation..
Dec. 10,277
Inc.H544,8601
Legal Tender Notes
The following are comparative totals for a series of weeks past:
Legal Tender.
•12,070,424
12,355,049
12.072,109
12,270,161
2,223 447
2,083,125
12,862,082
12,906,442
1,929,861
LoanB.
Date.
Feb. 20
Feb. 27
Specie.
1J1.65J.J15
March6
March 13
March 20
tJi’iao’oM
111,149,883
March 27
Capital
Increase.
Decrease.
Loans
Specie
are as
4,00C | Legal Tenders
413,299 Deposits
119,922 | Circulation
Bid. Askd.
Bid. Askd,
137
Mech.Bkg Abbo li7fc
.
155
Broadway
290
120
90
Ocean
92
D®
125
135 146 Mercantile
150
Am. Exchange. 116}£ 119X
145
152
145
Chatham.!!!.... 166 170
230
New York
Manhattan
Merchants
Mechanics
Union.
America
City
109
109& Republic
Phenix
N. America
North River.... 86M ..
Hanover
Tradesmen’s .... 153* 155
Leather Manuf..
Seventh Ward...
State of N.York
.
160
lf S
103
140
128
Decrease.
The annexed statement shows the condition of the
Banks for a series of weeks :
Date.
Feb. 20
Feb. 27
Marc h 6
March 13
March 20...*
March 27
..
Loans.
52,743,310
53,035,743
53,444,240
53,616,833
53,717,422
53,304,123
Specie. Legal Tender.
686,407
13,375,982
738,745
13,273,404
714,399
13,054,369
678.814
12,713,355
464/175
12,565,611
344,353
12/234/214
..
881,417
59,902
Philadelphia
Deposits. Circulation.
39,657,830
10,902,642
39,767,650
10,941,414
89/175/267
10,942,966
39,938,535
10,986,937
39,922,944
10,975,437
88,584,876
11,026,389
Atlanta, Ga,7s
Augusta, Ga., 7s, bonds .
ChMeston, S. C., 7s, F. L.
Columbia, S. C-, 6s
Columbus, “ 7s,bonds
Predricksburg 6s —
58
69
78
66
65
bds
681
424
72
73
59
66
56
80
Lynchburg 6s
Macon 7s,
bonds
Memphis 6s, endorsed
Memphis past due coupons..
Mobile, Ala., 5s, bondB
■4
8s,
“
....
.
...
tNashvilleGs
Norlolk 6s,
■
60
60
70
70
•
Petersburg 6s
Richmond 6s
Wilmington,
N. 41C.,6s
44
i
8s
58
71
80
70
70
72
....
72|
80|
Montgomery 8s
....
75
61
68
63
82
82
62
65
71
71
60
78
85
“
87
91
66
90
Income.
63
85
52
57
State of Alabama
Mobile and Ohio. 2 mtg, 8s
94
52
60
Georgia.
85
Southwestern RK., 1st mtg.
stock
Macon and Augusta bonds
.
••
“
endorsed.
Macon and Augusta stock...
Atlantic and Gulf stock
Savannah, Albany. & Gulf 7s
bonds, end. by Savannah.
Pensacola & Georgia 1st m 7s
44
44
2dm8s.
*
*
•
-
85
38
75
....
75
..
which
Wilmington & Weldon 7f....
ch. & Ruth.lstM.end
90
94
85
86
40
86
“
lBtM.,88...
“
South Carolina.
Chari., Col. & Aug , 1st M„7s
*4
stock...
44
Spartemburg and Union 7s,
guar’d by State S. C
Savannah*Char, let M.,7e..
North Eastern 1st mtg. 8s...
2d
4‘
8s...
••
3d 44
8s...
stock
Cheraw & Darlington 7s....
oluo Ridge, 1st Mortgage ..
Virginia 6s, end
East Tenn. &
by State of Tenn
.
Memphis and Ohio
10s...
44
6s
44
Virginia.
44
44
2ds6s
44
4th, 8s
Virginia
Central Ists,
B
79
64
$6
89
35
46
65
83
70
50
70
90
74
13
85
50
....
6s
8ds, 6s...
4th,8s...
44
“
fprd. int. 8s
»*
lsiCaus’d 6s.
Rich. & Pan,
pit,'.mout bra b
“
lets 8e....
41
Southside, 1st mtg. 8b......
2d m. guart’d 6s
3d m. 6s.... .**=>.
4th m. 8s
“
44
Norfolk &
Petersburg 1 m 8s
44
2dm.6e
3dm.8e
Fre’ksb’g & 44Poto. tte.
conv
•*
44
.‘4
65
42
"s
0s
j
7»1
m
92
82
95
85
2d m. 8s 85
Petersb. lstm 7s
“
68
78
88
77
784 80
80
72* 74
83 85
84
82
80
93
90
78
77
88
80
91
90
7s
*4
i*
65
60
38
76
86
2nds, 6s
“
44
78
75
30
874 88
6s,..
Orange & Alex. * Man. lets
Va. & Tenn lets 6s.......
Mississippi and Lon<
694
...
2ds6s...
8ds8s...
4ths8s...
44
69
52
Tennessee.
Richm. &
islana.
62'
51
44
44
78
50
15
Bid Ask
91
44
44
Montg’ry
& West“P. 1st, 8s..
“
1st, end
1UH
m
Exchange. 70
Orange &
Alex., lets
44
Railroad Securities.
Alabama.
Boston Banks.—Below we give a statement of the Boston
44 8s
Mississippi Cent. 2d
National Banks, aR returned to the Clearing House, on Monday
& Tenn. 1st m.7a
consold, 8s
March 27, 1871:
J
Gold
Bankers* B.Ab
Nortk Carolina^
Alexandria
109
Bros. & Co., 14 Wall Street.
}Bid As1.
Securire*.
City
161
101
SECURITIES.
-
388.068
220
Importers & Tr. 160
Quotation* are of tke Lee* Active Securities
are not Given on tke Next Page.
Prices by Lawrence
92
88
..
..
119
Atlantic
New Y. County.
..
Nassau
1U9%
Shoe and Leath
119K Corn Exchange. 125M 128
108>*
11S>*
Commonwealth.
..
Market
..
Bid. Askd.
Continental
&5)4 ..
St. Nicholas.... 115
116
Marine
First National..
Fourth Nation’l 110
Ninth National. Ill
Tenth National.
Eleventh Ward. ..
Oriental
159
Grocers
116
East River...... 112
125
SOUTHERN
Tbeie
If 5
Citizens
Peoples
$38,584,876 $11,028,389
Decrease..
24.685,753
24.712,966
24,791,721
24,781,444
Park
159
Manuf. & Mercb 100
N Y.Nat.Exch.
Central Nation’! 108
118
115
Irving
125
Metropolitan.... l;.6
160
Greenwich
fD
Butchers* Drov 148
Mechanics & Tr. 13*
National........ ljW
Merchants’ Ex.. 102
follows:
Decrease..
Increase
44,977.718
46,940.209
47,068,225
46,249,159
Quotations of New York Bank Stock*.
-
The deviations from last week’s returns
Deposits. Circulation.
46,860,938
24,744,280
45,078,932
24,655,185
3,063.048
2,650,379
2,492,686
113,256,381
111,924,312
219,335
608,000
2,179,000
1,399,000
150,000
1,207,006
4,471,696
1,91)0,120
5,055,888
1,500,000
City
.
Eagle
Exchange....
Legal
Tenders.
Specie. Circulation. Deposits.
216,290,338
31,737.841
24,707,387
217.629,116
31,720.445
23.562,048
225,059,574
31,660,282
24,332.207
229,924,584
81,655,071
23.769,176
280,945,643
31,605,215
22,663.745
225,774,302
81,583,398
19.617,007
Loans.
1,882,010
3,882,980
4,436,128
300,000
2,000,000
1,000,000
B’k of Redemption.
Bank of Republic...
*
1,878,643
2,069.070
2,718,382
8.719,565
3,341,051
1,185,847
3,200,186
1,000,000
1,600 000
First...
Second (Granite)...
Third...
Bank of Commerce.
Bank of N. America
,
2,258,699
2,281,286
750,000
Washington
Specie. L.T. Notes. Deposits.
Circuit.
$7,264
$111,752
$896,18#
$486,321
7,790
172.805
693,78#
mow
9393
810,000
1,488,761
9,490
171 428
785.800
W2354
814
212.012
786,446
68.500
JW8S86
392,333
758,472
769,114
818,783
1,018.491
W.942
41,760
128.230
887,226
789,800
1,784
85,714
488.5q0
475
72.801
248 667
1,272,795
561,389
15,938
132,832
601,892
858,824
1,000
182,000
1321,822
355,060
4,559
149,865
781,527
240,793
21,707
151,000
585,518
6,193
85,525
874,180
350,442
14,199
191.099
974,432
885,084
15,862
59,581
317323
240,854
226,176
1,661,256
5,749,155 1.668,025
3,313
93,811
425,640
175,405
82,878
409,716
733,515
£8,354
.25,567
309,500
708,470
259,101
146,740
300,789
1,182,645
860,214
42,890
79,094
607,182
592,981
32,780
239,955
928,530
356,063
109,379
316,290
989,910
971,024
95,918
821,856
692,167
682,482
11,914
119,480
804,945
174,630
433.495
235,853
760,010
645.329
66,265
49,167
661,854
590,861
26,038
453,342
1,253,783
775,239
1,091,216
144,527
8,159,036
782.500
1 088,240
38,000
130,200
173,778
2,470
565,188
1,865,186
826,306
23,002
332,289
484,090
590,849
56.104
710,199
1,291,204
795.500
....
204,667
786,615
792,433
217,148
7,497
408,040
438.528
2,773
161,107
656,395
842,568
111.693
335,672 1,459.243
798,116
10,412
229,739
935,608
790,391
9,5=01
490.401
2,653.850
400,000
5,258
59,038
398.801
129,000
105,543
183,857
900,198
535,562
51,456
822,485 1,971,657
489296
165,742
175,728
12,552
37,885
.
660,566
1,000,000
North....
flommerce
the totals for a series of weeks past:
1,879,004
1,926,927
1,489.862
1,889,869
910,274
8.097,692
1,000,000
800,000
.
Market
Massachusetts
Maverick
Merchants’
Mount Vernon
New England
244.600
1,358,100
306,755
325,000
500,000
1,000,000
1,000,000
1,000,000
Columbian
Continental...
Total,
Loans.
$1,512,316
2,474,285
8,536,521
2,025,440
1.444,757
2,298,897
2,000,263
2,543,293
693,422
2,478,197
1,528,330
2.542,278
1750,000
Fulton
gJThe deviations from the returns of previous week are as
Loans
775,989
271,880
483.100
451.900
860.000
42,080
75,951
431,600
728.404
83,970,200 291,114,320
579,965
2.690
•
129,500
5.730
48,740
247,641
55,100
2.216.700
1,419,720
847,947
5,792
4,000
293,070
190,565
1,656,703
131,075
3,948
515,970
738.200
831,000
3,055
2363,190
1,141,374
400,000
948,000
850,000
1.375.200
500.000
5,000,000 20.147.600
3,000,000 11,647,000
1.496.500
300.000
1,000,000 7,014,000
500,000 5.373.800
1,000,000 5,994.900
1.249.100
300.000
1,000.000 4.971.700
1,139,610
250.000
Bowery National
1.236.200
New York County
200,000
German American
1,000,000 2.805.200
Bull sHead
200,000 1,580,811
478,072
.00,000
Stuyvesant
475,193
Eleveith Ward
200,000
775398
250,000
Eighth National
829,882
American National
500,00C
805,300
Germania
200,000
1.086,548
100 000
Manufactures A Builders
480,200
4,700
1,201,076
8,472.650
955.800
11,620
1,137,955
96,600
734,676
708,346
723,706
2,141,373
660,126 4348.315
524.900
898,800
31,097
781,265
1,583,256
1,765,430
1,062,016
11.898.600
19.268,408
1.114.800
79,797
62,700
410,000
1.831.900
1.275.300
434310
608,900
2,547,819
562,417
1,661.784
4318,913
2,308.854
1,817,771
9 Q9Q
304.552
520.900
3,994,415
661,707
29.027
Market
If K
7,724,786
3 354.909
276,677
400,000
1,000.000
1,000.000
1,000.000
Total.
1.440
495,000
2.529,000
1.500,000
800,000
600,000
Citizens
Nassau
* *-
1.757323
778,12S
2,935,776
3,408,259
Merchants’ Exchange.... 1.235,000
Commerce
512,484
486,600
389,593
800 000
National
Butchers’
Mechanics and Traders’.
Greenwich
Leather Manuf. National
Seventh Ward, National.
State oi New York
American Exchange
4,063,606
5,939,955
3,141,327
472.800
4,613,200
2388,400
537,000
898,200
2,001,781
6,441.543
Fulton
Chemical
?r
March 25,1871:
on
[April 1,1871.
99
78* 784
8/4
401
CHRONICLE.
THE
1871.J
AND BONDS.
stocks and Bond* given on a Previous Page are not Repeated liere. Quotation* are made ot the Per
Cent value. Whatever the Par may be. Southern Securities are Quoted In a Separate hist.
GENERAL QUOTATIONS OF STOCKS
.
Xhe Ac
and
STOCKS
BTOOK8 AND
Bid, Ask.!
8BCUBITIB8.
Bid. Ask.
SXCTJBITIBS.
STOCK* AND
RAILROAD BONDS.
iv«w York Price*.
no* 110*
0VERCNMENT8.''
quoted.)
....
.
-
108*|
ata'Fe bonds.'
65*'
Tr^'SlwbondB::
»1*|
y^lnlad6o’new bonds:::,
old
Cin., SanauBky A Clev. stock.
Concord
Connecticut River
Connecticut A Passumpslc, pf.
(Mass.)
Fitchburg
Indianapolis. Cin. & Lafayette
Manchester A Lawrenoe
Eastern
1866.
Nashua & Lowell
Northern of New
do
Old Colony tfe
Port., Saco &
Rutland
bonds
01*
101 j
Rhode Island 6s
68
Alabama 5s
102
do
8s..... — ............
do
8s Railroad bonds...
Arkansas 6s, funded
do
7s, L. R. & Ft. S. iss.
R..
do
7s, Memphis & L.
50
do
78 L.R..T.B.&N.O.
do
"78, Miss. Ouc. A RR..
ioi‘
Ohio Is, 1875
102
do 6s, 1881
103
do 6s, 1886.
Kentucky 6s...........
109*
Bonds, 1870
coupon, ’77.
aO
18:9
lllnois Canal
100
100
100
100
100
97
96
Is
do
do
do
War Loan
ladlana Is, War Loan
do
5s,
do
■
97
Mew York & N. Haven 6s
l(X)*j
Boston, H. & Erie, guaranteed! 25
Cedar Falls & Minn., 1st M
'
...
Detroit, Monroe & Tol bonds.
...
—j
94
Lake Snore Dlv. bonds
Cleve. & Tol., n*w bonds
I
...
do
Morris &
do
do
•
skgfund.j
Essex, convertible,
do
constructior
\
...
....
86
83*
MISCELLANEOUS BONDS.
7, ’86
Am. Dock & Im. Co.
Long Dock Bonds
|
do
...
85*
do
6s, *77-’82
6s, new
PittBburg Compromise 4*s
do
do
do
do
..
96
do
5s
Funded Debt 6s
do
7s
Water exten.7s....
140
Wll’ms, 5s
do
7s, 1880
Hunt. & Broad Top, 1st M„ 7.
do
do
2d M., 7, ’75.
: do
do, Cons. M., 7,’95.
( June., Phila., 1st M., guar .6, ’82.
Lehigh Valley, 1st M., 6,1873..
Elm. A
do
•
•
•
•
•
•
•
•
-
-
*
.
.
.
(
ii* '
87
a:*;
104% 105 !
99
99*
i
183*
89
41
84*
42*
81*
43*
!
106
71
...J
104
•
•
.
•
•
•
•
•
.
•
•
j
75
87
.
..
8*
58”
93
•
•
_
8*
8*
^
i
• •
....
..
„
S 12!
ft*
.
8s :2£?
....
a*
..
^
....
_
...
a*
....
i
^
\t
....
do
do 1st M.,7,1906....
Loulsv. C. A Lex., 1st M., 7, ’97..
Louis. & Fr’k., 1st M., 6, ’70-’78..
do
Lonisv. Loan, 6. ’81.
L. A Nash. 1st M. (m. s.) 7, ’77..
do Lor. Loan (m. fOO, ’86-*87
do
do
(Leb.Br.)6,’86
do IstM. (Mem. Br) 7. ’70-’75.
do IstM.(Leb.br.cx)7, ’80-*85
do Lou. L’n(Leb.br.ex)6,’93
do Consol. 1st M.,7,1898..
Jefferson., Mad. & Ind.stock..
Loulsv., Cin. & Lex.,pref....
do
do
common.
Louisville & Nashville
81. Louis.
l.ouls Cs
do
Water 6s, gold
do
new
do
Water & Wharf 6s...
do
Park 6s
do
Park 6s gold
do
Sewer Special Tax 69
North Missouri.3d M.,7,1888..
Kansas Pacificist M., (gold) 7.
1st M.(gold) 6. ’95
do
co
1st M.
6,1896..
do
1st M.(Leav.Br.)7, *96
Land Gr. Ma 7,
do
Inc. Bonds, 7, No. 16.
do
do
No. 11
do
do
stock.-...
do
Denver Pacific RR A Tel 7s.
North Missonri stock
Pacific (ot Missouri) stock....
SI
&old)
a*
95*
95
2l>
76
*71-76
Leading Southern
Securities.
Atlanta bonds, 8s
Charleston stock 6s
Savannah 7s, old
do
7s, new
Memphis old bonds, 6s
do
new
bonds,6s.......
1
i* tl*
..
Water 6s, ’87 to ’89..
TVater Stock 6s, ’97.
Wharf 6s
* #
....
.
65, ’97 to ’98
special tax 6s of ’89.
Jeff., Mad .&I,l8tM.(I&M)7, ’81
do'
do 2d M.,7,1873...
84*
103*!
....
Ind.,IstM.,7,’85.
Louisville.
do
do
do
do
do
98*
92*
...
•
June., Cln. &
Louisville 6s, ’82 to '87.
....
•
Covington & Cin. Bridge
Cln Ham. & D., 1st M., 7, 80.
do
do
2d M., 7, ’85...
do
do
3d M., 8,77...
Cln. & Indiana, 1st M., 7
do
do 2d M., 7,1877..
Colum., & Xenia, 1st M., 7, ’90.
Dayton A Mich., 1st M., 7, ’81..
do
do
2d M., 7, ’84..
do
do
SdM.,7, *88..
do To’do dep. bds, 7, ’81-’94.
Dayton & West., 1st M.,7,1905.
do
1st M., 6,1905.
do
Ind., Cln. &Laf., let M.,7
do
(I.&C) 1st M.,7,1888
90
....
•
...
—
Little Miami, 1st M., 6,1883 ....
IUS* ’08* Cin, Ham. A Dayton stock..,
101* 101*1 Columbus & Xenia stock
101* 101*!
Dayton & Michigan stock....
57*
Little Miami stock
....
•
27* 29)
lids.
|
.
137* 140
Ham. Co., Ohio 6p.c. ong
do
do
7 p.c., 1 to5yrs.
7
Michigan 6s, 1873
NEW. OR RECENT LOANS.
do
6b, 1878
100
U. S. New Loan, 5s, gold
100
95
89
86
do
68,1888
Bur. C. R. & M. RR, 1st M.7(gd) f • . . 90
98
96
d#
78, 1878
90
Ches. & Ohio RR, lstM.,6,(gd)
108
108*
94
94*
Itsw York 78, Bounty, r eg
90 |
do
do 1st (new) M., 6, ’98.
108* Coun. Western, 1st mort. 7s...
do
7s,
do
cou— 108
92*; Little Schuylkill, 1st M.,7,1877. 108*
G. R. & Ind, 1 M guar, 7s, gold.
106
99
99*
do
6s, Canal, 1872
90
; North Pennsyl., 1st M., 6.1880..
Loulsv.&Nash. R, 1st M, cons. ,7
106
113
do
6s,1873
do
Chattel M., 10,1887.
97*'
Lake Shore Consolidated, 7...
106
96
do
61,1874
100
2d Mortgage,^,
do
Montclair RR ol N. J.. 7s, gold
106
do
61,1875
100
do
ng scrip,
7.
7..
Funding
Scrip,
Northern Pacific RR, 7-30 gold
’.06
do
6s,1877
Oil Creek & Alleg. R., lBt M., 7. 83* 83*:
Nashville & Decatur RR...
108
do
68,1878
106” Pennsylvania, 1st M., 6, U80. 101
N. Hav., Mid. & Wil. RR, 7s
102
100*
do
5s, 1874,
100
do
2d M.,6, 1875..
N. Y. & Osw.Mid. R,lstM.7(gd)
1 0
do
58,1875
do
Debentures, 6.’69-*71 93*
Peoria, Pekin & Jacks, 1 M; 7s
100
95
95* *
do
5b,1876
90
87*
Phila, &Erie,lst M. (gold) 6, ’81
Port Huron & Lake Mich end
87 I
CITY BONDS.
do
1st M. (cur.) 6, ’81 86*
97*
St. Jos. A Den.C.R,lstM,8(gd)
94
94
102*
Brooklyr 6s
90
Sunbury
&
Erie
7s
St.
Louis
&
Iron
Mt.
1st
m..
ga,7
94
94*
| Phila. & Sunbury 7s. 1872
do
Water 6b
102* 103*
Union Pacific Land Grants 7s.
90
88
do
Park 6b
Philadelphia & Reading, 6, *70. 108'
RAILROAD STOCKS.
101
100
do
do 7s
do
do
6, *71.
98
(Not previously quoted.)
97*
do
3 year Assessment 7b 97
86
88
do
do
6, ’80. 97
100
Albany
&
Susquehanna
98
Ksw York 6 per cent,
’75...
do
do
6, ’86 108
118* 119
U0
Chicago & Alton
81
•2”
do
do
do
’76... 98
do
Debentures, 6.
do
do
preferred..-. 119* 120
100
do
do
do
’78... 98
do
do
7, W 108
do
do
scrip
100
98
do
do
do ‘ ’87...
160” Phil., Wilm. A Bal., 1st M., 6, *84
Chic, Bur & Quincy
100
102* 104
do
7's
Westch. A Phil., 1st M., conv,7.
Cin.,
Ham.
&
Dayton
RAILROAD BONDS.
86
do
do
2d
M.,6,1878...
86*
Clev., Col., Cin. & Indianap ..
93*
N. Y. Central 6b,1883
91* 92'
23
23* West Jersey, 6,18S3
Col. Chic. & Ind. Central
93
91
94
do
6s, 1887
84
Read.,1st
7,1900
Wilming.
A
M.,
A
Dubuque
Sioux
City
do
98*'
6e, real estate... 90
Chesa. A Delaw., 1st M.. 6. ’86..
Erie Railway preferred....... 42* 45
...J
90
95..,
do
6b, subscription.
168
Delaware Div., 1st M., 6, *78 ...
Hartford
&
N.
Haven
101
I
100
64 1
do
7s. 1876
60
Lehigh Navigation, 6, "73
100
jLong
85
Island
do
7s, conv. 1876....
Loan
do
of
1884,
6,
’84
'Marietta
& Cln., 1st preferred
100
do
7s, 1865-76
IT ii”
do
Loan of 1897,6, ’97 92
!
do
do
2d pref.
100
arle 1st Mortgage Extended.. 98
do Gold Loan of’97 A’97
90* 91*:
Morris
&
Essex
94
do 1st Endorsed
do Convert, of 1877,6, "77
117* 118* j
94“ iNew Jersey
86
93
do 7s, 2d do
1879
127* 129
Morris, 1st M., 6,1876
New York & Harlem
89
90*
81
Ido 7s, 3d do
1883
do
Boat
Loan,
S.
F.,
7,
*85
New
York
&
Harlem, pref...
79
do 7s, 4th do
86* 86*
1880
148” Schuylkill Nav., 1st M., 6,1872. 77
144
82
84* New York & New Haven....
do 7s, 5th do
1888
185
138
do
do
2d M.,6,1882.. 75* 75*
do
do
90
scrip.
91
Buff. N. Y. A E. 1st M., 1877.... 89
do Improv., 6,1870.. 79*
do
New York, Prov. & Boston— 90
108
Hud. R.7s,2d M. S. F.1885
!16* 117
Camden A Amboy stock
Norwich & Worchester
84
30
do
102*
7s, 8d Mort., 1875..
78” 74*' Catawlssa stock
Ohio & Mississippi, preferred,
103
87* 88
Harlem, 1st Mortgage
do
preferred
stock
Rensselaer
&
Saratoga
do
56
Con. M’ge A S’kg F’d. 88*
130* 127
Elmira & Williamsport
Rome, Watertown* Ogdens.,
80
Albany & SusqlFa, 1st bonds..
Elmira & Williamsport pref..
31* 33
St.
Louis,
&
T.
Haute..,
Alton
do
93*
121* 122
do
2d
do
57
Lehigh Valley
do
pref, 55
do
do
88* 89
Little Schuylkill
do
3d do .. li9" 120
St. Louis & Iron Mountain..., 54* 54*
Mich. Cent., 1st M. 8e, 1882
79
Mine Hill & Schuylkill Haven. 104
81*
&
Western,
nref.
Toledo.
Wab
80*
79
Chic., Bur. A Q.B p. c.lstM... 111
Northern Central...,
Mich. So. 7 per ct. 2d Mort
91* 92
98* 98*! MISCELLANEOUS STOCKS. 47
48
North Pennsylvania
American
Coal,
102
I
Mich.8. AN I.S.F.7p.c.... 101*
OilUreek & Allegheny River.
38* 39
Consolidated Coal
Pacific R. 7s. guart’d by Mo... 96*
85
Pennsylvania
:.... 34*
95
95*: Cumberland Coal
Central Pacific Bonds
57*
98* 39
Philadelphia Erie
83
83*1 Maryland Coal
Union Pacific 1st Bonds
225
& Trenton
220
Philadelphia
Coal
Pennsylvania
165*
164
do
Land Grants, 7s. 75* 75*
47
47
Phila., German. & Norristown
106
do
Income 10b
69* 70J1 Spring Mountain Coal
Phila., Wilming. & Baltimore.
Wilkesbarre Coal
124
Illinois Central 7 p. ct., 1875... 107
82* WeBt Jersey
Canton Co
Alton &T. H., 1st M
95*
115* 116* Chesapeake & Dela. Canal....
Delaware & Hudson Canal
do
84
92*
do
2d M.pref
Delaware Division Canal
Atlantic Mall Steamship
jdo
do
2d M. income.. 75
*5* *6” Lehigh Coal and Navigation.’. 46
100
Mariposa Gold
Chic. A N. Woetern S. Fund... 93
Morris (consolidated)
do
Trustees Certif..... 19* 20
do
118
115*
do
Int. Bonds 93* 94*
do
16*
preferred
do
Quicksilver preferred
do
Extn. Bds 87*
2
2* Schuylkill Navigat’n (consol).
Wells Fargo scrip
do
do
40
pref.
38
p
do
do • 1st Mort.. 94*
Consol d 7 p. ct. convertible
89* 89*| BostonWater Power
Susquehanna & Tide-Water... 12 105
Boston.
Han. A st. jo. Land Grants...
West
7s,
Jersey
Jan. & July... 102
99* 100
102* 102*; Maine 6s
convertible
i
Baltimore.
100
New Hampshire, 6s
Lack. & Western Bonds
100*
Maryland 6s, Jan., A., J. & O..
' Vermont os
1st M. 01 102
»ely
Lack. A Western,
do
6s, Defence
95
do
do
Massachusetts6s, Currency... 100*
2d M.. 94
97* 97*
Baltimore
6s of *75
do
Tol. A Wab’h, 1st Mort. ext’d. 92
6s, Gold
do
1884
do
do
5s, Gold
1st M St L div.. 83* 83*
94*
ioi”
do
68,1900
Boston 6s....
do
88
2d Mort
do
1890. Park 6s
97
do
do *
80
5s, gold
Equip. Bds
95
99
Baltimore A Ohio •* of "75
Chicago Sewerage 7s
95
Con»- Convert. 84*
do
6s of’80....,
do
97
98*
do
* Naples. 1st M
Municipal 7s
88*
do
6e of ’8#
96*
do
961
Great Western, 1st M., 1868.... 102
Portland 6s
95
do
(N. W.Va.)3dM.6* W*
do
88
1st M.t
Burlington A Mo. L. G., 7
M.f*
d
do
2d M.
83
Cheshire, 6
1
....
92*
Cincinnati.
Cincinnati 5s
do
6s
.
93*
86*;
•
.
•
6i
;
....1
W Union Tele. lstM.,7 1875..
•
.
.
78
95
93
85
do
do
6 of’88..
do
do
6 of'89..
do
consol., 6 of’89..
Cam. & Bur. & Co.. 1st M., 6
-
•
6*
! Alleghany County, 5
do
do
6s,’85..
; Belvldere Delaware, 1st M.,6.
86
!
do
do
2d M.,6.
do
3d M., 6.
do
87* ‘ | Camden A Amboy, 6 of’75
96*!
95
do
Philadelphia 6s, old
-
•
91*
126*
137*
Philadelphia,
103
Pennsylvania 5s, 1877
do
Military Loan Cs, 1871 103*
i
do
Stock Loan, 6s, ’72-’77 105*
88*
Jefferson RR, 1st
Newport
Portsmouth
Vermont & Massachusetts
: 96
; ...
Cleve., P’ville & Ash., new bds. 95
do
old bds. 95
do
Buffalo & Erie, new bonds
90
St. L. Jacksonville & Cblc, 1st. ...
South Side Railroad bonds— ...
pref....
do
preferred
Summit Branch
Vermont & Canada
-
■••••••
Hampshire..
*
150
91
124
137
92
*
79
•
do
^
'f
23*
...
Ogdens. & L. Champlain
...
California 7s..
do
7s. large
Connecticut 6s
Bid.lAsk.
STOCKS AND BKCUBITTKB
Central Ohio. 1st M.. 6
Boston.
85
88
Marietta A Cln., 1st M., 7,1891.
Cin., San. A Clev., IstM., 7, *77.
do
do
2d M., 7,1896.
Eastern Mass., conv.. 6,1874... 100
Northern Cent., 1st M.jguar) 6
Hartford & Erie, 1st M. (old) 7.
28*
do
do 2dM., S. F.,6,’85.
do
do
IstM. (new)7. 28*
do
do 3d M., S. F., 6,1900
Old Col. A Newport Bds, 6, *76. 96
104
103
do
do
3d M. < Y. & C) 6.*77
do
do
Bonds, 7,1877..
88
do
do Cons, (gold) 6,1900
Rutland, new, 7
87* Pitts. & Connellsv.,lstM.,7, ’98
Verm’t Cen., 1st M., cons., 7, '86 87
44*
do
do
1st M., 6,1889
do
2d Mort., 7,1891
104*
WeBt Md, IstM., endorsed,6, ’90
Vermont & Can., new, 8
...
692
1st
do
M.,
unend..
6. ’90..
Vermont & Maes., 1st M.,6, ’83.
158
158*
do
2d M., endorsed, 6, ’90.
Boston & Albany stock
1* Baltimore & Ohio stock
1*
Boston, Hartford & Erie....
141
Parkersburg Branch
Boston & Lowell stock
153
152
Central Ohio
Boston & Maine
154
152
do
Boston A Providence
preferred
87*
Cheshire preferred
82
Qulncv & Tol., 1st M., 1890....
Ill. & So. Iowa, 1st Mort
Galena & Chicago Ex. ended .
97*.
116* 116* Galena & Chicago, 2d Mort...
(Not previously
99*
Chic. K. Island & Pacific
is, 1881, re;
Morris & Essex, 1st Mort
ll03 ,103
68,5-208,
do
do
2d Mort
95 ) 96
IB, 5-208
Cl eve. & Tol. Sinking Fund .. 101
re°
New Jersey Central, 1st Mort; ..
do
2d Mort. I ..
do
reg
do
do
newbds. |101 101*
108 |104
Pitts., Ft. W. & Chic., 1st M....
108*
5s! 1874. reg.
do
2d Mort. 97*; 97*
do
5B’
do
do
3d Mort.
65*
....
do
do 8 p. c. ea’t bds
65* 65*
Cleve.
&
Pitts.,
Consol.
S. F’d. 92**| 92*
73*
98
j ....
do
do
2d Mort
72* 74“
96 I
do
do
3d Mort
55* 56
80*
82*
do
do
Mort
4tli
do
do registered 1866...:
Cliic. & Alton Sinking Fund., 101
do
do
do
1867....
do
do
1st Mortgage...
do
do
do
81* 83
94*
do
do
Income
90*
99* 100
Ohio & Miss., 1st Mortgage...
do
7s, new bonds
90*
39* 89*
lidal
do
Consolidated.
7s, endorsed
do
93* 94
94
7s, Gold...-46 I 47* Dub. & Sioux C., 1st Mort
do
90
North Carolina 6s, old• 36*! 37* Peninsula RR Bonds
89* 89*
St. L. & Iron Mountain. 1st M.
do
do Funding Act,
29*j
....
do
do 1868. .• • • • • •
23
24* Mil. & St. Paul, 1st Mort. 8s.. 104* 105
94
do
do
do
7
3-10
do
do new bonds
18 I 18*
94
95
do
do
1st Mort
do
do Special Tax
j 80
87* 87*
do
do
I. & M. d
South Carolina 6a........
59*: 60
88*
do
new bonds— ....( 65
2d M
do
do
do
95*’
do
April &Oct... 92* 92* Marietta A Cln., 1st Mort
do
Chic.
A
Milwaukee’lst
Mort...
91* 95
91
! 91*
69
70*; Joliet & Chicago, 1st Mort.... 107
Louisiana 6b........
64 ; Chic. & Gt. Eastern, 1st Mort..
do
new bonds...........
87*
Col.. Chic. & Ind., 1st Mort.... 87
do
6s, new floating dfebt.
65*
65
do
do
2d Mort
88
do
6s, levee bonds
92 i Tol., Peoria & Warsaw, E, D.. 87
8s
do
do
do
do
W. D.. 83
do
7s, Penitentiary
do
2dM.. .....
do
110 jiio*
Amj
Bid. Ask.
SKCUBITIKB.
Mobile 5s
do
8s
New Orleans5s...
consol. 68
do
do
do
do
bonds, 7s
do
do
10s
....
RAILROADS.
Orange A Alex. RR 1st M. 6e..
do
SdM. 8s..
do
Va. & Tenn., 1st M. 6s
do
4th Mort. 8s
Charleston A 8av. 6s, guar
do
do
7s
Greenville & Col.7s, guar.,
do
do
7s, certif..
Northeastern 1st M.8s
South Carolina 6s (new)
do
do 7b (new)
do
do
stock
Goorgla Bonds, 7s
do
stock
Central Georgia, 1st Mort. 7s..
do
stock
do
^lacon A Brunswick end. 7s...
Macon A Western stock
Atlantic & Gull 7s consol
Montgm’y & West. P. 1st M. 8s.
Mobile A Ohio sterling
do
do
8s, interest....
do
do
stock
N. Orleans & Jacks., 1st M. 8s.
do *
do
cert’s, 8s.
N. Orleans A Opelpus, 1st M. 8s
Miss. Central, 1st M. 7s
Miss. A Tenn., 1st M 7s
S&st
Tenn.
Georgia
6s.....
emphls
AA
Charleston,
1st 7s..
do
do
2d 7s..
do
do
stock.
Memphis A Little R. IstM...
85
402
THE CHBON1CLE.
<She Uai 1
"t
m
nn
J-
ACCOUNT AND CONDITION OF
ifl o it itor.
Officers1 Cars
First-class passenger cars
Paymasters1
Mail
2. Bank and Insurance
Stocks, mining. Petroleum. €lty
Railroad and Gas Stocks, and Southern Securities of those
866581
3
The
Table
of
quoted either regularly or occasionally at
previous page.
Railroad,
Canal and
Other
Stocks*
the next page, comprises all
Companies of which the stock is sold in any of the
principal cities (except merely local corporations). The figures just after the name
of the company indicate the No. of the Chronicle in which a
report oi the Com¬
pany was last published. A star (*) indicates leased roads; in the dividend column
X«=exfra; r—stock or scrip.
on
given under the
and July
F, <fc A-=February and August; M. Sc S.=
N.=May and Novem¬
beginning with January;
beginning with February. Q.—M.=Quarterly, beginning with
;
Q-—F.=Quarterly,
March.
5. The Table of State
the last Saturday of the month.
Securities will
be
published monthlv,
6. Tlie Table of City Bonds will be
published
of
on
on
cars
Low flat cars
Coal cars
Tool and wrecking cars
Mississippi Railroad.—REPORT FOR THE YEAR
ending December 31, 1870.—Tlie condensed,
statements of tlie
earnings aud expenses for the year 1870, show a gratifying im¬
provement in the business of the road over the previous two
years.
Passengers
Freight
Express and Mail
1870.
1S69.
$1,243,137
1.789.139
$1,192,030
1,567.497
155,859
156,019
1.586,818
146,239
$3,188,137
$2,915,517
$2,964,010
,
Total.
TO
1,301
ing heads:
*
r.
Maintenance of Way and Structures
Motive Power and Car*
$609,173
Genera1. Expenses
954,847
90,095
77,962
,,
Taxes—Municipal and Government
Damages to Property and Passengers, etc
Ballasting Road Bod etc
34.860
57,604
Wood and Water Stations. Water
Supply, etc
Fencing the Road
Equipment Passenger and Freight Cars, etc
Interest on Loans, Legal Expenses, etc
6,848
8.248
'
37,193
cates
Coupons of Interest
Interest
i
*\
'
;
!*■
•*
*»
on
on
33,692
443,676
295,276
Bonds
Preferred Stock
e
31.553
10,728.020
38,138
5,776,253
207,278
12,122
302.701
4,121,480
12,283,148
134,770
531,217
•03 27
04 32
43,675
340.839
14.849,500
18,0o9,,401
442,721
738,495
*02 98
*04 09
LOCAL BUSINESS.
Through (bet. St.Louis aud Cincinnati)..
Way
AGGREGATE.
Through (bet. St. Louis and Cincinnati)..
Way
Chas. E.
307,950
02 87
•03 59
Follett,
General Ticket
Agent.
STATEMENT OF FREIGHT BUSINESS FOR
No. tons
THROUGH TRAFFIC.
90,919
West....
89.052
179,971
LOCAL
OR WAV.
East
West
1870.
Tons cr’d
one
East.
Receipts
mile.
Rate per
mile.
53,638,464
$789,127
1
47-100
34,515,590
1,000,012
2
90—100
140.925
343,780
484.705
AGGREGATE.
Through (bet. St. Louis and Cincin484,705
179,971
....
....
664,676
88,154,054 $1,789,139 2 03-100
The following table shows the gross
earnings of the whole line,
from Cincinnati to St. Louis, from the 1st -of
January, 1858, to
December 31, 1870, inclusive :
Passenger
$824,554
938,933
919,532
1861.......
1862
;863
■864
1867
1869..
1870
Freight
Express
Mail
813,542
$539,981
616,687
647,807
637,302
971,-90
1.378,963
1,293,899
1,755,989
2,149,992
1,615,596
1.429,210
2,230,981
1,192,030
1,401,374
85,512
1.458.557
1.581.476
68.199
116,255
68.199
115.310
68.200
1,872,428
1,586,818
1,567,497
89.480
68,200
78.039
68,200
(>05.362
$38,362
37,533
$70,412
79,591
38,073
79.500
53,950
79.500
76,658
58.540
8 ,990
70.974
87,819
68,200
1,243,137
1,789,139
87,659
68,200
A statement of the stock and bonds of the
company
Total
$1,473,310
1,672,743
1,684,912
1.346,115
1,919,932
2.825,828
3,311,076
3,793,005
3.380,-58.3
3,459,319
2,964,040
2,915,547
3,188,13 7
and of the
monthly earnings in 1870 and 1869, will be found in the tables of
the Chronicle on subsequent pages.
117,903
Purchase of Common Stock, to take up Trustees1
Certificates, in ex¬
cess of authorized
capital, presented for conversion during the
year, leaving to be provided for $196,604 44 of Common Certifi¬
Rate
P’rm’e
Through (bet. St. Louis aud Cincinnati)..
374.785
Transportation Expenses
Receipts
Way
April last, and added
receipts for the nine months’ operations, the sum of $89,863 32, and contributing to the business of the main line rlie sum
exhibits the expenses incurred, and
paid (both ordinary and extraordinary), charged under the follow¬
147
1870.
No. pas- No. carried
sengers
one mile
AND FROM FOREIGN ROADS.
to the
of $145,216 48.
The following statement
10
60
10
20
8
30
STATEMENT OF PASSENGER BUSINESS FOR
$1,230,981
is in part the benefit derived from the business over the Louisville
Division, which is included in the earnings of 1870. This branch
of the road was opened for traffic, the 1st of
3
>99
1868.
Showing an increase over the business of 1869 of the sum of
$272,589 58, and nearly the same amount over 18G8. This increase
'••j
327
4
the third Saturday
&
Earnings.
'*■’«
136
Adams Express cars
Express stock cars
each mouth.
The abbreviations used in this table are the same as
those in the
tables of railroad bonds mentioned above. The
Sinking Fund or assets held by
each city are given on the same lino with the name.
Ohio
3?
High flat
Baggage cars
name
March and September; A. & O.
April and October : M. Sc
ber; J. tfc D.=June and December
Q —J.=QuarterIy,
;;;;
Caboose cars
Box freight cars
Stock cars
*
frequently
of Consolidated Corporation.
The date given in brackets
of each Company, indicates the time at which the state¬
ment of its finances was made.
In the “Interest Column” the abbreviations are as
follows : J. <fc J.=January
name
arter the
cars
4
4
15
6
1
30
558
82
4. The Tables of Railroad. Canal and Other Bonds
oocupy in all, four pages, two of which will be published in each number. In
these pages-the bonds of Companies which have been consolidated are
immediately
‘
cars
Need Repairs.
O
•
Night Cars
1 • Prices of the Active
Stocks and Bonds are given In the
BanKera G izette ” ante;
quotations of other eecurities will be found on the pre¬
ceding- pag-e.
kind* woich are least act'v
are all
the end of “Bankero1
Gazette,” on a
CARS, DECEMBER 81, 1870
In Good Order.
-
Parlor Cars
BOND^TABLES
ISF* EXPLANATION’ OF THE STOCK AND
[April 1,1871.
Atlantic and Pacific Railroad.—The Stock
Exchange last
week admitted to official dealings the Stock and Bonds of the At¬
lantic and Pacific Railroad on the following report of the Com¬
mittee :
The Atlantic and Pacific Railroad Company was organized under
act of Congress of the United States, approved July 27,1866.
Length
of road, 292 miles. From the town of Pacific (thirty-seven
$3,151,368
miles distant west from St. Louis) to Seneca, on the western
There have been issued and sold during the year $382,000 00 of
boundary of the State of Missouri, completed. This road em¬
Consolidated Mortgage Bonds, and $310,875 38 of Preferred
Capi¬ braces that of the South Pacific Railway Company, which was
tal Stock.
The bonded debt of the company is comprised in the
organized under the provisions of an act of the General Assembly
following items : Old bonds of the first and second mortgages, etc. of the State of Missouri, approved March 17, 1868, and was con¬
(ultimately to be exchanged for the New Consolidated Bonds, of solidated with the Atlantic and Pacific Railroad Company on ilie
which $4,000,000 00 was reserved for that
purpose), amount to 25th October, 1870. The South Pacific Railroad Company issued
$3,672,000, and Consolidated Bonds amount to $2,862,850, includ¬ the
following, which have been assumed by the Atlantic and
ing Sterling Bonds held in London; making a total of Mortgage Pacific Railroad Company:
Bonds, now outstanding, the sum of $6,534,850 ; this includes the
First Mortgage six per cent. Bonds, secured by mortgage on the
amount appropriated to tlie construction of the Louisville Division.
whole road.
Interest payable in gold coin semi-annually, Jan. 1
The Preferred Capital Stock (also
including the amount appro¬ and July 1. Principal and interest payable in New York City.
priated to the Louisville Division) amounts to $4,030,000.
Dated July 1, 1868; mature July 1, 1888, $7,250,000. Of tlie aboveSTATEMENT OF
AMOUNTS
INCURRED
BUILDING
CEMBER
LOUISVILLE
DIVISION
43,739
21,285
Real estate and depots
Earthwork
on
77.071
25,373
by company
Ties for road track
Wood purchased
Jr in bridges built
Iron rails for track
Spikes, bolts, splice-bars, etc., for laying track.
Total
STATEMENT OF ENGINES AND THEIR
engines in
use,
of which 82
coal, and 5 wood burners—total
engines
Number of miles run by
Cost of repairs
Cost of repairs per mile
Number of gallons of oil
Miles run to 1 pint of oil
Total cost of repairs and
Cost per mile run
CONDITION, DECEMBER 31, 1870.
87
2 418,696
$158,452 14
16.836#
tl00 cents)
17 95
running
$1,000 each,
numberedjrom 1
inclusive, and 4,500 of $500 each, numbered from 5,000 to
9,500 inclusive. Trustees : Geo. Tyler Bigelow, John James Dixto 5.000
well.
The Atlantic and Pacific
inclusive,
,
The South Pacific Railroad Company received a giant of lam s
in Missouri under an act of Congress, passed June 10,1852, (when
the lands were withdrawn from sale for the purpose of construe -
are....
fi'55
used
mentioned Bonds, there aie 5,000 of
Railroad Company have issued the
following,
-which
were
guaranteed
by the South Pacific Railroad
713,580
174,550 Company before it was absorbed by the Atlantic and Pacific.
94,466
Six per cent bonds, secured by mortgage on 500,000 acres of hind
5.151
in Missouri.
Interest payable in gold coin semi-annually, Janua¬
57,076
472,881 ry 1 and July 1. Principal and interest payable in
137,104
city. Dated July 1, 1868; mature July 1, 1888, $3,000,000. Of
which there are 2,000 of $1,000 each, numbered from 1 to
^,0Ub
$1,822,289
inclusive, and 2,000 of $500 each, numbered from 2,001 to 4,DUO
water stations, etc
contracts and
Masonry for bridges and culverts
Number of
DX-
31, 1870.
Rights of way. legal expenses, etc
Expenses of engineer corps
Engine-houses, shops,
TO
an
(100 miles)
$462,564 51
19” 12# (100 cents)
ing the road,) of more than 1,000,000 of acres. Under the Atlan¬
tic and Pacific Railroad Company’s charter, about 500..000 acre.,
have already been received and secured by the Company, ijiz..
The
480,000 acres in Missouri and about 2Q000 acres In Arkansas.
•hnt
applicable, first, to providing
on the bonded debt, and the
from the sales of lands are
is necessary to pay the interest
^appropriated to paying offthe bonds at a price not exceed-
balance
1101« cent.
ing
°
100
000 shares
STOCK.
CAPITAL
of “ Preferred Stock on
403
CHRONICLE.
THE
1871]
April 1,
the Division of the Road in
5(^0 glSres* Common Stock, at $100 each
5,000,000
’
Ninth—Profits of the corporations previously mentioned, which were earned
accrued within the last five months of 1870, are not taxable when divided or
carried to the account of a fund subsequent to December 31, 1870.
or
Tenth-Interest falling due and payable on or subsequent to January 1, 1871,
is taxable at the rate of 2X per cent, If such interest accrued either prior to
August 1 or subsequent to December 31, 1870. From so much of it as accrued
within the last five months of 1870 no tax whatever is to he withheld.
Eleventh—Returns of dividends and surplus profits by the corporations
mentioned in section 15, act of Julv 14,1870, >hould be rendered onForm 651-8,
and returns of interest on Form 68 as revised.
Twelfth—All previous rulings of this office, inconsistent with these instruc¬
tions are herewith revoked.
A. Pleasonton, Commissioner.
$10,250,000 of Bonds)
$25,250,000 The corporations to which this ruling refers are banks, trust
stock ” lias been issued.
companies, savings institutions doing a general banking business,
internal Revenae Tax upon Dividends of Corporations. insurance companies, railroad, canal, canal navigation and slackTotal
CaDital (and
All the “
remembered that the act of July 14, 1870, provides
of the old law, which impose a tax of five per
cent upon the dividends and interest paid by the corporations
referred to, “ shall be construed to impose the taxes therein men¬
tioned to the 1st day of August, 1870, but after that date no fur¬
ther tax shall be levied or assessed under said sections/’ The
same act imposes “ for and during the year 1871 a tax of two and
one-half per centum ” on interest paid upon the bonds of such
corporations and upon their dividends and undivided profits.
Questions of doubt have arisen in regard to the construction of
this act, which refer exclusively to the interval from the 1st of
August*, 1870, to 1st January, 1871—whether the corporations
named are liable to any tax on interest and profits for that period.
—It
will be
water
that
the sections
exemption, we understand, applies only to the liability of
corporations themselves to pay the tax. The individual holder of
the stock or bonds will be liable for the tax on all that portion of
the dividends and interest upon which the coiporation has not
paid the tax.
Louisiana.—A very large number of property-owners and tax¬
payers of New-Orleans have subscribed to the following notifica¬
companies.
This
tion :
The undersigned, property-owners and tax payers of
New Orleans, satisfied that the State Legislature has,
the city of
at its last
session, exceeded its power, in the loans, indorsements and other
obligations and grants authorized on the part of the State, the
Office of Internal Revenue,
total amount of which is limited, by the recent amendment of the
Washington, February 27,1871.
)
Constitution, to $25,000,000, (already incurred,) as shown by the
The Commissioner of Internal Revenue writes that tlie follow¬ annexed official statement of the Auditor, take this early opportu¬
ing instructions, it is believed, cover all the questions which have nity of notifying hankers, brokers and dealers in securities, in this
arisen respecting the liability to tax of dividends, surplus profits country and Europe, that they consider all such loans, indorse¬
and interest on bonds of the corporations enumerated iu sections ments and pledges as null and of no value; that they will sustain
120 and 122, act June 30, 18G4, as amended, and section 15, act the authorities in resisting their issue, and it issued, will, by every
legal means, endeavor to prevent the payment of any huerest or
July 14. 1870.
First—Dividends of the corporations enumerated in sections 120 and 122 principal, or of any tax levied for that purpose. They only recog¬
aforesaid, which were declared at any time prior to August 1, 1870, are subject nize the State debt proper, amounting to $25,021,734 40, as shown
to a tax of five per cent.
Second—Undivided profits of said corporations which are carried to the in the accompanying exhibit of the Auditor, and they class the
account of any surplus or contingent fund prior to August 1, 1870, are subject “accruing debt ” with the illegal legislation referred to :
like tax of five per cent.
Third—Interest (or coupons
STATE DEBT—COMPUTED UP TO DEC.
to a
representing interest) due from the corporations
mentioned in section 122, which became due and payable prior to August 1,
1870, is also subject to tax of 5 per cent. Returns of these dividends and sur¬
State bonds
Auditor's warrants and certificates
Miscellaneous debts
68.
Existing debts.
Accruing debt.
made on Form 65, and returns of this interest on Form
dividends of the corporations before mentioned which were
31, 1870—EXISTING DEBT.
$22,560,233 00
3,593,067 44
867,533 90
plus profits should he
Fourth—All
declared within the last five months of 1870 are exempted from a dividend tax,
even when said dividends are composed wholly or in part of profits accrued
prior to August 1, 1870.
Fifth—Profits carried to the account of a fund within the last
1870 are exempt from a surplus tax, even if said profits were
five months of
earned prior to
August 1, 1870.
Sixth—No tax should be withheld from interest (or coupons representing
interest) falling due and payable within the above period of five months.
Seventh—Dividends of said corporations which are declared on or after
January 1, 1871, are taxable as follows: If composed wholly'of profits accrued
or earned prior to August 1,
1870, at the rate of 2>£ per cent.; if composed
partly of profits accrued prior to August 1, partly of those accrued within
the last five months of 1870, and partly of those accrued since January 1, 1871,
2^ per < eut upon so much of the dividend as represents profits
accrued either prior to August 1, or subsequent to December 31, 1870, excluding
profits of the last five months of 1870.
Eighth—Profits carried to the account of a fund on or after Jan. 1, 187!, are
subject to the same liability to tax as the dividends above described. So much
of such profits as were earned prior to August 1, or subsequent to December
31,3870, are taxable at the rate of 2X per cent.
at the rate of
-25,021,734 40
15,395,COO 00
Total
$40,416,734 40
..
It will he seen from the above that the whole amount
debt authorized by the Constitution is considered to be
of State
now
out¬
standing, and therefore the item of “ accruing debt,” which means
all the bonds authorized hut not yet issued, would be deemed un¬
constitutional if negotiated. This includes bonds authorized for
the Mississippi and Mexican Gulf Canal ; North Louisiana and
Texas Railroad ; New Orleans, Mobile & Chattanooga Railroad,
New Orleans, Baton Rouge and Vicksburg Railroad ; and subscrip¬
tions to shares of the Mississippi Valley Navigation Company of
South and West.
bill has passed the Legislature con¬
substantially the provisions previously noticed in the
Chronicle of March 25th on page 360.
Virginia.—The funding
taining
MONTHLY EARNINGS OF PRINCIPAL RAILROADS.
—Chicago and Alton
-—Central Pacific-1870.
(742 m.)
$413,104
394,176
488, m
633,758
768,719
f 729,274
I 783,099
1871.
(431 m.)
(890 m.)
524,480
481,085
§343,181
315,098
388,726
328,390
345,832
402,854
l 612,805
351,04*1
493,231
500,623
468,212
397,515
840,350
7,983,513
4,681,562
g
807,815
o
777,183
£ 828.447
T 746’800
—Ulint > (Central.1859.
1870.
1871.
(974 7>i.) (1109 771.)
1871.
(431 m.)
§293,978
(465 in.)
343,555
340.301
316,036
344,360
(334,653
} 395,044
JL411,986
118,407
870,584
914,406P 862,171
814,413S 841,990
132.998
696,677c 755,232
142,014
135,376
129,300
110,837
8,823,482 8,851,492
1,391,345
1,418,865
639,540
565,415
759,214
645,768
861,357
AMissi^ippi. ^-Pacific of Mo.
I 249,987
£211,219
|c 300,971
§318,957
■£355,187
[316,054
1250.471
8,18a 127
Year
13',883.. Jan...
98,275
101,379
Feb...
..
Mar...
632,652
736,664
§584,155
479,236
s
Juue.
July..
Aug.
Sept..
....’
Oct
Nov.
Dec..
..
..
144,023
141,376
(284 ?t>.)
$337,992
411,814
403,046
366,623
329,950
329,127
380,430
412,030
<406,283
363,187
326,891
353,569
473,546
490,772
448,419
374,542
378,880
467,990
511,477
453,873
423,735
1869.
(284 m.)
418.755
442,665
(825 771.)
$454,130
1869.
1870.
1871.
(393 771.)
(355 771.)
(355 77) .)
212,005
(210 in.)
(210 m.)
(210 m.)
$132,622
127,817
175,950
171,868
157,397
(222 m.)
(282 17V)
143,468
356,677
341,373
324,659
271,207
3,479,776f|
217,947
.
..
—
1,843,632
154,132
144,194
186,888
202,238
294,552
189,351
168,55!)
Year.. 3,014>642
420.774
638,122
1871.
(936 m.) (1,018 ?/i.
1870.
§396,171
382,823
377,000
1871.
(510 m.
188,885
$213,101
196,207
239,161
269,400
496.550
529,758
255,726
7,250,668 8,120,427
2,833,489
(521 in.)
167,305
450,246
175,453
163,284
152,909
137,794
470.720
508,942
422,368
323,378
434,283
451,293
425,687
386,254
4,252,342 4,426,429
if,
229,090
264,690
234,962
266,836
-Toledo. Wab.
Western.—,
1869.
1871.
1870.
348,890
310,800
*
1870.
525,363
724,514
1,039,811
801,163
(521 in.)
$284,192
240,394
342,794
311,832
312,529
a
(404 m.)
259,000
208,493
196,720
150,719
172,347
155,081
327,431
443.133
$257,663
293,645
295,298
318,699
340.892
348,632
322,756
466,431
158,788
172,216
396,"
1871.
(390 m.)
270,148
266,789
r-North Missouri.-
430,700
755,737
636,434
661,026
808,318
908,313
791,014
586,342
1871.
$152,392
330,233
460,287
630,844
678,800
.’
597,600
-Milwaukee & St. Paul.—.
1871.
1870.
1870.
.
556,100
3,280,420
1871.
$92,181 $126,218 Jan...
122,372 Feb...
95,665
Mar.
113,894
April.
194,019
May...
115,175
June..
116,242
.July...
107,524
.Aug.
122,000
Sept....
124,124
Oct
127,069
Nov....
121,791
Dec....
119,073
462,400
5,960,936
1870.
$202,447
267,867
294,874
289,550
283,000
263,328
260,449
343,194
$201,500
226,897
244,161
246,046
260,169
274,021
249,355
319,012
13,355,401
-St. L, Alton & T. Haute.
—•-*
1870.
(390 771.)
[393,468
4,749,163 4,791,895
Year..
771.)
845,708
$384,119
320,030
386,527
April.
May..
/—Iron Mt.
JL4.55.606
Michigan Central.
(251 in.)
153,531
1,154,529
1,080,9-16
1,246,213
1,275,171
1,371,780
1,037,963
1869.
(284 7/i.)
£90.177
126,224
1,177,897
(
,-Clev. Col. Ciu. <& I-'
317,887
339,230
319,573
284,156
1,140,145
.
753,782
858,359
929,077
^
1871.
1870.
1869.
7)1.) (520-90 m.) (590 7n.)
*351,767 $401,275
449,654
319,441
500,393
645,789
443,300
388,385
507,900
449,932
529,512
f 523,8-11
(
1871.
$490,787 245,981
218,234 to58,554
[246,266
Oct..
.Nov...,
Dec.
-Marietta and Cincinnati—.
1870.
1871.
1869.
129.096
270.933
.
Sept.
4,831,731
111,117
111,127
251,0(55
Juue
..
498,635
w488,058
| 432,492
(386,598
110.213
1870.
1340 rn.)
..April..
..May...
S
109,752
117,695
116,198
Ohio
830,286
1,142,165
1,112,190
1 268,414
1,251,950
1,157,056
1,037,973
1,305,672
1,371,780
..
Aug....
100,246
696,228
.
^501,049
106.641
841,363
979,400
Jan
..Feb
..Mar...
..
..July...
(251 771.)
778,260
(1,157 m.) (1.157 in.)
$706,024
§892,092
-Chic.,Rock Is. and Pacific
1871.
1870.
1869.
421,485
s
(.251 m.)
$99,541
90,298
104,585
(852 m.)
$559,137 $654,587
524,693 661.788
709,644
G44;.374
568,282
597,571
640,974 695.253
-Chicago & Northwestern-
1870.
1869.
(521 in.)
365,174
328,791
.....
f
-Union Pacifir1870.
<1038 in.)
$528,529
500,139
539,230
680,970
S02,580
746,450
643,458
664,050
728,525
719,623
571,379
482.838
7,522,113
1871.
(1038 m.)
479.573
305,769
404
THE CHRONICLE.
(April 1,1871.
RAILROAD, CANAL, AND MISCELLANEOUS STOCK LIST.
Subscribers will coufer
a
great favor by giving ns Immediate notice of any error discovered
In
DIVIDEND.
COMPANIES.
Periods.
Date.
Stock
Out¬
stand¬
COMPANIES.
Last paid.
onr
ing.
Rate.
Table
DIVIDEND.
Last paid.
Periods.
Date.
.
PAR
Railroads.
„
Albany & Susquehanna*
Allegheny Valley, No. 251
50
Atlantic and Gulf
100 3.691.200
Atlan. & St. Lawrence* No. 225.IOC
2.494.900
Atlanta and West Point. No. 279..100
1.282.200
Augusta and Savannah*
100
733.700
Baltimore and Ohio, No. 250
100 16,550,362
Washington Branch*
100
Parkersourg Branch
50
Berkshire, Jan.'21
100
Boston and Albany, Jan. 21
100
Bost., Con. & Mont. No. 273
100
Boston, Hartford & Erie,No. 247.100
Boston and Lowell, Jan. 21
50G
Boston and Maine, Jan. 21
100
Boston and Providence, Jan. 21.100
Buffalo, New York and Erie*. ..100
Burlington and Missouri River .100
do
do
pref.100
^amden and
do
do
Amboy No. 250
100
scrip of joint Co.’s’69 *’70
Camden and Atlantic, No. 251... 50
do
do
preferred.. 50
Cape Cod, Jan. 21
Catawissa,* No. 255
do.preferred
Cedar Rapids and Missouri*
60
1,254,406
383,400
5,000,000
377.100
731,200
915,577 Jan. & July.
_
Cheshire, preferred, Jan. 21
Chicago and Alton. Mar. 25
..do
Feb. & Aug.
937,850
^
Central Pacific No. 288
Charlotte, Col. & Aug., No. 257.
Mar. & Sep.
Jan. & July.
June & Dec.
April & Oct.
1,650,000 April & Oct.
7,239,533
600,000 Quarterly.
19,150,800 Jan. & July.
800,000 May & Nov.
25,000,000
2,215,000 Jan. & July.
4,550,000 Jan. & July.
3,700,000 Jan. & July.
950,000 June* Dec.
1.159.500
-2,200,000
6.850.400
769.600
do pref.. ..
do
Cent.Georgia* Bank. Co.No.24S100 4.666.800
Central of New Jersey, No. 270..100 15,000,000
Central Ohio
50
2,425,000
do
preferred
50
400,000
50
50
100
May & Nov.
Feb. & Aug.
Feb. & Aug.
June & Dec.
Jan. & July.
June & Dec.
June & Dec.
43,378,740
July, *71
Old
Sept.,
Jan.,
Dec.,
Oct.,
Oswego and Syracuse,* No. VjVo
252 *Vn
50
Pacific (ot Missouri) No. 256 ....100
Fan am a, No. 275
iw
v
Pennsylvania M ar. 11
^
Philad. and Erie,* Mar. 11.
50
Colony & Newport, Jan. 21.100
Orange, Alex an. &
do preferred
100
Chic., Burling. & Quincy. No.268.100
2,085,925 Jan. & July.
8.925.500 Mar. & Sept.
2.425.400 Mar. & Sept.
17.590,000 Mar- & Sept.
’70
’71
2
4
’70
’70
Oct., ’70
Jan
3X
4
5
"ik
*71
Dec., ’70
May, ’70
.
,
3
"
Dec., ’70
Dec., ’70
Dec., ’70
Dec.,’70
4
5
5
sx
10s.
10.9.
Mar., ’71
Mar., ’71
Feb., ’71
5
Dec., ’70
Nov., ’70
SX
Feb., ’71
IX
sx
Feb.,
Dec.,
Dec.,
Dec.,
Dec.,
’71
’70
*70
’70
’70
5
4*8.
3
3
Dec., ’70
Mar., 71
3'
5
5
5
5
5
5
4
4
Mar, ’71
S jpt., ’70
Dec., ’70
Dec., ’70
Dec., *70
April,’70
April,’71
Chicago, Iowa ana Nebraska*. .100 3.916.200 Jan. & July.
Chicago and Northwest. No. 273.100 14,676,629 June & Dec.
do
do
pref
100 20,370,293 June & Dec.
Chic.,Rock Is. & Pac. No. 263... 100 17,000,000 April* Oct.
Cin.,Hamilton & DaytonNo.263.100 3,500,000 April* Oct.
Cin., Richm. & Chicago*No.26S. 50
382.600
Ctncin., Sand. & Clev., No. 278.. 50 2.967.300
428,646 May & Nov.
Nov., ’70
d0
(\°
do pref. 50
Cincinnati & Zanesville, No. 246 50 1,676,845
Clev-,Col.,Cin.& Ind. No. 253..100 11,620,000 Feb. & Aug
Feb., ’71
Cleveland * Mahoning,* No. 247. 50 2,056,750 May & Nov
Nov., *70
Cleveland and Pittsburg, Jan. 23 50 7,482,225
Quarterly.
Feb., ’71
Colum.,Chic.& In.Cen.*No. 247.100 11,100,000 Quarterly.
Oct., ’67
Columbus and Xenia*
50
Dec.. *70
1.786.800 Quarterly.
Concord
50
1,500,000 May & Nov
Nov., ’70
Concord and Portsmouth...’””.100
850,000 Jan. & July
Dec., ’70
Conn* Passumpsic, pf. No. 281..100
&
2,084,200 Feb.
Aug
Dec., ’70
Connecticut River. Jan. 21
100
1,700,000 Jan. & July
Dec., ’70
Cumberland Valley, No. 255
50 1.316.900 April & Oct
Oct., *70
and Michigan* No. 263.. 50 2,400,000
Dayton
Delaware*
50
1,203,216 Jan. & July
Jan., ’71
Delaware,Lack.* West.’No.255’. 50 16,277,500 Jan. & July
Dec., ’70
Detroit and Milwaukee, No. 249. 50
452.350
December.
2,095,000
Dec., ’69
.-i
.
do
pref.... 100
50
Dubuque and Sioux City*
5,000,000 Jan. & July
Dec., ’70
Eastern (Mass.), Jan. 21
100 4,062,600 Jan. & July
Dec., ’70
East Pennsylvania, No. 255
50
1.309.200 Jan. & July
Jan., ’71
East Tenn. Va. & Geor, No. 234.100
8,192,000
Elmira & Williamsport,* No.255. 50
500,000 May & Nov,
Nov., ’70
500,000 Jan. & July,
Jan., ’71
r
id0T no
pref.. 50
75,000,000 Feb. & Aug
Feb., ’66
do preferred
100
8.536.900
Erie and Pittsburg, No. 255! .” ”! 50
1.996.250
Quarterly.
Dec., ’70
Fitchburg
100 3,740,000 Jan. & July
Dec., ’70
Georgia., No. 259
“”.’”l00 4,156,000 Jan. & July
Jan., ‘70
Hannibal and St. Joseph, Jan. 28100 4.151.700
Aug., ’70
do
do
pref... 100
5,037,2-24
Aug., ’70
Hartford & N. Haven, Jan. 21! 11100 4,800,000
Quarterly
Dec., *70
3,000,000
Dec., ‘70
do* ,
do scrip....190
flousatonic, preferred
ioo 2.000,000 Jan’.’&’july
Feb., ’71
Huntingdon and Broad Top*...." 50
615.950
do
do
pref.’ 50
212.350 Jan. & July.
Jan., ’68
Illinois Central. No. 248..
100 25,2*0,240 Feb. & Aug.
Feb., ’71
Indianapolis, Cin. & Lafayette!! 50 6,185,897 Mar. & Sept.
Sept.,’67
Jeffersonville, Mad. & In.,No.227100 2,500,000 Jan. & July
Jan., ’66
Kansas Pacific, Mar.25...
8.872.500
Lackawanna and Bloomsburg ’ 50
1,335.000
Lake Sho.& Mich. South. Febr25.10U 35,000,000 Feb .& Ang.
Feb.,’71
Lehigh and Susquehanna....
50
8.739.800 May & Nov
May, ’67
Lehigh Valley, No. 255
”50 17.716.400
uarterly.
Dec., ’70
Little Miami, :&o. 247
50
4,107,750
Dec., ’70
jiarterly.
Little Schuylkill.* No. 255
50 2,646,100 Jan. & July.
Dec., *70
Long Island, No. 252
””” 50 3,000,000
Aug., ’66
Louisv., Cin. & Lex., prf No. 276 JO
848.700 Jan. & July.
July, ’70
do
common
50
1,623,482 Jan. & July.
Louisville and Nashville No. 23i’l00 8.681.500 Feb. &
Aug.
Aug!,*
*70
Louisville. New Alb. & Chicago. 00 2,800,000
Dec., *70
Macon and Western
8 inn 2,500,000 Jan. & July.
Jan., ’71
Maine Central..
.!!!!.*!!!”l00 3.400.500
Marietta & Cin., 1st pri. No. 250 150 8,130,719 Mar. & Sept.
Sept’.,’66
do
do
2d pref. .150
4,460,368 Mar. & Sept.
Sept.,’66
d?
do
common .. 2,029,778
Manchester & ^awrence,No.247.190
1,000,000 May & Nov.
Nov!,* *70
^Memphisand Charleston. No.2TO.25 5,312,725 June & Dec. June, ’69
Michigan Central. No. 267
100 13,225,848 Jan. & July.
Dec.,
*70
Milwaukee and St. Paul. No! 258100 11,422,664 Jan. &
July.
Dec., *70
do
do
nref
inn 10,424.903
January.
Dec., ’70
Mine Hill & Sch Haven*No 255 50
8.856.450 Jan. & July.
Dec., *70
Mississippi Central*....
100 2,948,785
Mobile* Montg.pref No. 283"
1.738.700
Mobile and Ohio, No. 259
*'im 4,269,820
Montgomery and West Point 1**100 1,644,104 June & Dec.
Dec., ’67
Morris and Essex,* No. 250
50 11,900,000 Jan. & July.
Jan., *71
Nashua and Lowell, Jan. 2i!””i00
720,000 May & Nov.
Nov., ’70
Nashv. & Chattanooga No 220 100 2,056,544
Naugatuck. No. 195...
ion
1.864.400 Feb. & Aug.
Dec., ’70
£ Taunton, Jan’.’2i!!.’lOO 500,000 Jan. & July. Jap., ’71
New Hav. & Northamp., Jan. 21.100
2,100,000 Jan. & July.
Aug. ’69
New Jersey, No.250....
irwi
6,250,000 Feb. & Aug.
Feb., ’71
do
scrip.
493,900
New London Northern Jan 21" "ion
967.100 Jan. & July.
Jan*.
,*’71
N. Y. Cent. & Hudson R.,Jan 21l00
45,000,000 April & Oct.
Apr., ’71
do
dc>
certificates..100 44,428, 30 April & Oct. Apr., ’71
New York and Harlem, Jan. 21.. 50
8,000,000 Jan. & July.
Dec., ’70
do
do
pref
* 50 1,500,000 Jan. & July.
Dec., ’70
New York & New Haven,N0.2S3.100
9,000,000 Jan. & July.
July, ’70
N. Y., Prov. and Boston iio 229 *100
2,000,000 Jan. & July.
Dec., ’70
Norfolk and Petersburg, pref. 100
300.500
d°
do
guar.” 100
137.500 Jan. & July.
J uly, ’70
do
do
ordinary
1.361.300
North Carolina. No.267....
166 4,000,000
April *’70
Northern of N.H’mnshire*N<!>!257ioo
3,068,400 June & Dec.
Dec., ’70
Northern Central. No. 24$
50
5,000.000 May & Nov.
Nov., *70
Northeast. (S. Carolina). No’.*26i
898.950
155,000 May & Nov.
North Missouri,
8,000,000
North Pennsylvania
..*!!.****’ 50 8,150,000
Jan., *71
Norwich & Worcester,’* Jan.*2i *100
2.364.400 Jan. & July.
Dec., *70
Ogdens. & L. Champ.*ifo.275... 100 3,051,800 Jan. & July,
Jan.. *70
do
do
pref’lOO 2,000,000 April * Oct
April,*71
Ohio and Mississippi. No. i$5. *100 19,995,847
do
do prel....**”100
4,024,474 June * Dec.
Dec!,’**70
Oil Creek and Allegheny Rivig. f0
4.259.450 Quartet ly.
Dec-, TU
...
”8*
3
c
*,
\
V
^
'if'
8X
SB
I*
5
SX
3
5
4
*8*
6
8.
*7*
i
tr!
7>*
_•»
r
t-k
ti
3X
4
3
'
2X
sx
4
7s
ix
4
4
2*
I
3
IX
o
8
.
t
l". w
*
l
C*
?:
i >
*
\
k
5
w
?'•
—
Ir
y
-
b
5
ex
“SX
g’d
4
5
•
*
(j0
do
pref
50
Philadelphia and Head/Feb.
50
Pliiladel., & Trenton,* No. 255- .iOO
Phila., Ger. & Norris.,* No.255... 5U
Pliiladel., Wilming. & Baltimore 50
Pittsb. & ConnellBvllle, No.255.. 50
PittBb.,Cln.&St.L.,Mar.4p..e..|
Rensselaer & Saratoga, No. 252.100
Richmond and Danville No. 235.100
Richmond & Petersburg No.235.100
Rome, Watert. & Ogd.,Mar. 18..-00
Rutland, No. 248
i*
2
4X
*
4*
3
5
39. *
89.
__
79.
7
8X
3? pref.100
Schuylkill Valley * No. 25.,
50
....
MS)
...• • •
•
•
”4'
Jan. & July.
May & Nov.
Jan. & July.
Jan. & July.
Jan. & July.
Feb. & Aug.
D“C
’70
“3*
Jan., ’71
Dec., ’70
Aug., >70
Mar., ’7i
Dec., ’70
”4'
Apr!,’’71
Jan.,’]1
>
Quarterly.
Jan. &
July.
..
Feb. & Aug.
......
Wnes0tn6?ftnchrand's:isquehanna!
1,500,000
2,500,000
Mar. &
Express.—Adams
.....m.....’—
ft
iVmer. Merchants’ Union—100
United States
iou
Wells, Fargo & Co
10U
Trust.—Farmers’ Loan & Trust. 26
National Trust
New York Life and Trust.. -i™
.1W
Union Trust........
United States Trust
100
...•••••••••'
*
|0U
do
do
Quicksilver
do
Gold
dold, pref
...100
.
Trust, certif.
..
preferred
100
common
iw
100
Car—Pullman Palace
4
4
4
4
1
NAME OF ROAD.
Bleecker street and Fulton
Ferry..
Broadway (Brooklyn)
Broadway and Seventh Avenue
Brooklyn City
Brooklyn City and Newtown
Brooklyn, Prospect Park & Flatb..
...
Bushwfck (Brooklyn)
Central
Park, North & East Rivers.
Coney Island (Brooklyn)
Dry Dock, East B’dway & Battery.
Eighth Avenue
Forty-second St. & Grand St. Ferry.
N<f.<259[>!.C.’.,<I^eliO(’,
5*.
5
8X
4
"
3X
2X
Feb! ”’71
•'4'
•Jan
.',”’71
Jan., ’70
Grand Street & Newtown (B’klyn).
Hudson A,renue (Brooklyn)
Metropol tan (Brooklyn)
Ninth Avenue
Second Avenuo
Sixth Avenue
Third Avenue
Van Brunt...
.
*3X
May, *70
Jan., ’71
Dec., ’70
”3'
4
Jan., ’69
2
Jan., ’64
Dec., 70
Jan., ’71
4
5
Dec., ’70
3
’71
’71
’ll
’67
’70
”4'
Feb.',' *’71
*5*
Feb., ’67
Feb., ’67
T
Jan., ’65
'5'
Feb.,
Feb.,
Feb.,
Mav,
July,
5
5
3
3
6
Dec., ’70
Feb., ’71
Dec., ’70
~3
Nov: ,’69
Aug., '66
“T
Quarterly.
Jan. & July.
May & Ne.v,
8TOCK.
4
9
5
6
& Aug.
& Aug.
& July.
& Aug.
& July.
& July.
Feb.., ’71
Jan., ’71
Feb., ’71
Jan., ’71
Jan., ’71
May & Nov.
Jari. & July.
Nov., ’10
Jan., ’ll
5
July, ’66
^T.
Jan., '70
~2*
Feb.
Feb.
Jan.
Feb.
Jan.
Jan.
Jan. & July.
Quarterly.
Quarterlv.
Jan. & July.
Quarterly.
Quarterly.
Quarterly.
Jan. &
Jan. &
July.
July.
Feb. & Aug.
Jan. & July.
Jan. & July.
Jan. &
LA8T
*5
5
5
5 ”
2X
Mar’.',
2
3
’71
Dec., ’70
Nov., '69
2X
Dec!,' *’67
~2X
3
5
4
Sept.,’69
Dec., ’70
Dec., ’70
Feb., ’71
Dee., ’70
Dec., ’70
10
-5
5
!!..
July.
Nov.*,* *70
Quarterly
lOO
ii-is
85cts.
10,000,000
18,000,000
6,000,000
5,000,000
4,000,000
20,000,000
1,000,000
1,000,000
1,000,000
1,000,000
1,500,000
2,836,600
8,693,400
2,82-4,000
4,300,000
5,100,000
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
3
Mar., ’71
3,000.000
PAR
Brooklyn and Rockaway Beach....
..
1
Dec., ’69
Jail. 1,'’70
N. Y. & BROOKLYN CITY PASSENGER
•4*
5
Feb., ’71
— •
& Atlantic
”5*
Sept.
*5*
4
129
5
Dec., ’10
„
l aciflc
5
3X
.
500,000 June & Dec.
10,250,000
500,000
Maryland Coal Co
100 4.400,000
Pennsylvania..
5u
4,000,000
Spring Mountain
5u
1,250,000
Spruce Hill
™ 1,000,000
WilKesbarre
iou
3,400,000
Wyoming Valley
1”0 1,250,000
(Va9.—Brooklyn
25
2,000,000
Citizens (Brooklyn)
1,200,000
1,500,000
386,000
and’ Hoboken... 20
Manhattan
™
4,000,000
Metropolitan
100
2,800,000
New York
1,000,000
Williamsburg
.50
750,000
1....I6X
Improvement—C anton..
it>
731,250
Boston Water Power.
1O0 4,000,000
Brunswick City
TcltQTdph—"W est. L nlon. !N o. 277.109 41,063,i00
.
(g’d)
2X|;(1
Quarterly.
Schuylkln^avigat’n
.
3
3
Jan” *71
Feb., ’71
Jan., ’71
..... •
Butler
Consolidation Md...
Cumberland Coal & Iron... .10(
71
’TO
’?i
’70
5
5
3
4
Jail. & July.
Feb. & Aug.
Jan. * July.
•
25
Apr.,
Dec.,
•Ian.,
Oct.,
5
"sx
»ndTenne8See...^....100
Coal.—American
Ashburton
Nov., ’70
"7*
••
.••..•••
,
3
May, ’C8
Syracuse, Bingh & N. Y*No.252.1U0
50
Jan. & July.
Toledo, Peoria & Warsaw......
Aft
dn
do
E. D., 1st pref.100
do
do
W.D.,2d pref.100
Toledo, Wabash & WeBt.No.255.100
do
do
do pref.100
1,000,000 May & Nov.
Union Pacific,Mar. 18......••••••
Utica and Black River, No. 252.. 100 36,745,000
1,666,000 Jan. & July,
Vermont and Canada*.........• -ioo
June & Dec.
Vermont & Massachu., Jan. 21..100 2,500,000
2,860,000 Jan. & July.
Virginia
2.950.800
555,500 Jan. & July.
Western (N. Carolina)
100
2,227,000 Jan. & July.
West Jersey, N o. 250....
1,209.000 Feb. & A ug.
g{ 1,400,555
Worcester and Nashua, J an. -1.100
.Jan. & July.
CanalChesapeake and Delaware
50 1,983,563 June & Dec.
Chesapeake and Ohio
fj* 8,229,594
Delaware Division*
1,633,350 Feb. & Aug.
-jX 15,000,000
Delaware and Hudson
& Aug.
ijK 4.999.400 Feb.
Delaware and Raritan......■■■• Jw
Feb. & Aug.
Lehigh Coal and Nav.,No. 256.. 50 8.739.800 May & Nov.
Monongahela Navigation Co.... 50
728.100 Jan. & July.
Morris (consolidated, No.254...loo
1,025,000 Feb. & Aug.
do
1,175,000 Feb. & Ang.
preferred
^ 4,300.000
(consol.)*. 50 1,908,207 Feb. & Aug.
2,888,977 Feb. & Aug.
Susquehanna & TL U 'Water
50
2,002,746
2.907.850
50
1,100,000 Jan. & July.
ITIiscellaneous.
Terre Haute and Indianapolis
Mariposa
S*
’71
Feb. ’71
-576,050
869,450
635,200
5,819,275
1,365,600
3,989,900
1,695,825
1,988,150
3,000,000
1,700,000
1,000,000
14,700,000
Shamokin Valley & Pottsvllle . 50
Shore Line Railway.
South CarolinaNo. 243
-ft
South Side (P. & L.)
-iv
South West. Georgia.* No. m.lOO
Minina— Mariposa
4
Feb”
do
preferred
•• ••
St. Louis, Alton & Terre Haute.100
dodo
St. I.ouls & Iron Mountain........
10,000,000
St. Louis, Jacksonv. & Chicago .100
2,623.750
Sandusky. Mansfl’d & Newark .100
910,350
‘*5*
3
5
Dec., ’70
Feb. & Aug.
6,000,000 Apr'
Ozt.
4,000,000
847.100
3,000,000 Jan. & July.
3,000,000
1.831.400 Feb. & Aug.
2,300,000
2,040,000 Annually.
Jersey1City
sx
Jan. & July.
3,000.0! 0
Pitts Ft W. &C.guar* Mar. 11.100
19,714,285 Quarterly.
Portland * Kennebec, No. 258* .100
616,700 Jan. & July.
do
Yarmouth stock certlflclOO
202.400 April & Oct.
Portland, Saco & Ports No. 276.100 1,500,000 June & Dec.
Providence & Worces., dari.21..10U 2,000,000 Jan. *
T’l’y.
...
..
,
4,959,020
2,488,757
482.400
3,711,196
7,000,000
33,493,812
6,004,200
2,400,000
30,401,600
1,099,120
1,597,250
9.520.850
1,793,926
2,423,000
.
—
100
100
Rate.
PAR
First div.
3,355,000
2.241.250 Jan. & July.
’*3*
RAILROADS
DIVIDENDS PAID.
900,000
200,000
2,100,000 June, 1870.
1,500,000
400,000 Oct.*,* *1870*.*.
254.600
3
%X
144.600
262,200
1,065,200
500,000
1,200,000 May ’70, quarterly
1,000,000
,
748,000
Nov.’,* ’70,* s’smi-annual.
170,000
106,700
194,000
797,320
888,100
100
750,000 Nov,’,
100 1,170,000 Nov., 70
100
73,000
’7b,*Bemi*annnai!!..
Quarterly.......
5
a
THE
1,1871.]
April
„
Subscr
406
railroad, canal and miscellaneous bond list.
confer * great favor by giving u» Immediate notice of any error discovered In our Tables.
Pages 3 and4 of Bonds will be published Next week.
will
IIw>r«
CHRONICLE.
!U.
INTEREST.
Amount
AND
rnviPANlES,
CHARAC¬
UUi-
standing
TER OF SECURITIES ISSUED.
V
When
Where
OJ
paid.
paid.
P5
Princpal payble.
INTEREST.
COMPANIES, AND CHARAC¬ Amount
TER OF SECURITIES ISSUED.
Out¬
standing
6
When
WThere
paid.
paid.
J. & J.
J. & J.
Boston.
New York
J.
:J.
New York
Railroads:
Vermont dk Mass. (Mar., *71)
Railroad*:
<loci'amento Valley (Jan*
Mortgage (gold)
St.
L.Alt.
te: (series
51
AO sink,
Mort.
St. Louis
fund,
Sacram’to
lag
1,500,000
8
F.& A.
N.Y.orL’n
1899
New York
7
4,000,000
7
F.& A.
New York
1892
2,365,000
7
7
A.&O.
J. & J.
New York
1894
1898
1,400,000
1,700,000
360,000
(guar.) 18b8, tax iree..
and
16,000p.m
.
si&wrT%ty^'*yk.;8kg fd (gear.)
let
2d M.skgfd
(gear.) • • • y ■ * *< V-m
Pauldk /fee.,1st Div. (Jan.i, M).
2d
Mort. for
$16,0(0 per mile
Charleston:
1st Mortgage 1869.
Selma, Marion dk Memphis .
1st Mort. (gold) guar, by Ala...
Selma, Rome dk Dalton (Feb.,.*71):
1st Mort. (Ala. & Tenn. Rivers)
2d Mort. (Ala. & lenn. Rivera).
Gem Mort. for $5,000,IXXL tax free
Shamokin V. dk Pottsv. (Nov., 69):
1st Mortgage guaranteed.. y..
Sheboygan dkF. du £ac(Mar.l, «1)
Mortgage...-,
^
.
Mortgage..
South Carolina
(Feb., 71).
1VO
•
•
s
•
•
s
•
Domestic Honda3(H)
(H)..
domestic
Domestic Bonds (I)
Domestic Bondf (K)—
Domestic Bonde (special)
.
1193
1,900,000
8
7
7
7
7
M. & S.
J. & J.
J. & D.
J. & J.
J. & J.
New York
2,600,000
780,000
New York
1896
2,307,004
7
J. & J.
New York
1900
:0
7
J. & J.
Mew York
1889
320,000
8
J. & J.
S ew York
1889
838,500
241,000
3,000,000
7
8
7
J. & J.
J. & J.
New York
1872
1864
l ‘97
700,000
7
F.& A.
Philadel
1872
750,000
7
J. & D.
New York
1884
1,629,000
1,628,320
6
6
J. & J.
J. & J.
New York
1898
1898
300,000
250,000
6
6
J. & D.
J. & D.
Augusta.
1874
1876
1,492,015
306.500
312.500
1,272,000
76,000
5
7
6
7
6
7
J. & J.
A. & O.
J. & J.
A. & O.
J. & J.
Nov.
A.& O.
J. & J..F. & A.
500
,
60,000
800.500
1,500,000
N $
•
’70):
Sterling Mountain (Oct. 1, ’69):
1st Mortgage
Summit Bratich (Dec. 1, ’70):
1st Mortgage
Sullivan (Jan. 1. ’70):
1st Mortgage
2d Mortgage
Sussex (Jan. 1, ’71):
1st Mortgage
Mortgage
Mortgage Bonds of 1869
lol.,Peonadk Warsaro(Mar. 1,1’71)
1st Mortgage (W. Div.)
1st Mortgage
<^E. Div.)
Div.).,
Mortgage
Equip urt b’Js of 1810 conv.S.F.
lot., wab.dk Western (Jan. 1, ’70):
1st Mort. (Tol. & Ill., 75 m.)
MM. (L.Erie, W.& St.L.,167 m.)
1st Mort. (Gt. Wtn, W. D.,100 m.)
1st Mort. (Gt. W’t’n of ’59,181 m.)
1st Mort. (Quin. & Tol., 34 m.)..
1st Mort. (Ill. & S. Iowa, 41 m.).
2d Mort. (Tol. & Wab.,75 m.)
2d Mort. (Wab. & W’t’n, 167 m.)
2d Mort. (Gt. W’t’n of ’59.181 m.)
....
..
Equipment Bonds(T.&W.,75 m.)
Consol. Mortgage (500 m.)conv.
I’toy dk Boston (Get. 1, ’69):
1st Mortgage
2d Mortgage
Mortgage
Convertible Bonds
'Iron Union (Oct. 1. ’69):
1st Mort., guaranteed
2d Mort., guaranteed
Union Pacific (Feb., ’71):
1st Mort. (gold), tax free
2d Mort. (government subsidy)
Land Grant Bonds for $10,400,000
Income Bonds for $10,009,000....
Union Pacific, Cent. Z?r.(Jan.l,’69):
1st Mort. (gold), tax tree
2d Mort. (government subsidy)
Un Pad, E. Div. (See Kansas Pac)
tin. Pad., S. Br. (see Mo. Kan. &
Utica dk Black River (Oct., ’70):
Mortgage 1868
\ermont Central (Juno 1, ’70):
1st Mortgage (consol.)
2d
Mortgage (consol.)
Equip. Loans of ’04 and ’67....
do
do
•
•
•
1869
Vermont Valley (Feb., *71):
1st Mortgage on 24 miles (cou).
1st
2d
Mortgage
“
“
Mortgage
“
“
\irgmia dk Tennessee (Oct. 1, ’69):
1st Mortgage
3d (enlarged) Mortgage
4tb Mortgage, for $1,009,000
Income Bonds
4th Mortgage (funding)
Registered Certificates
Vicksburg dk Mend. (Mar. 1, ’70):
Consol. Mort., 1st class
Conso Mort., 2d class
Conso Mort., 8d class
Consol. Mort., 4th class
Warren (Jan. 1, ’71):;
1st Mort., guaranteed
Westchester dk Phila. (Nov. 1, ’69):
1st Mortgage, convertible
3d Mortgage, registered
West Jersey (Jan. l, ’70):
Loan of 1883
Loan of 1866, 1st Mort
Joint mort. on C.M. M.
RR,’69.
West Shore Hud. Riv. (Oct. 1, *70):
1st Mortgage
West Wisconsin (May 1, ’70):
44
A.&O.
7
7
7
8
J. & J.
7
M.& S.
8
&
&
&
&
&
&
J.
J.
J.
J.
J.
J.
’78-’88
Charlest’n ’71-’72
44
1874
44
’88-’91
44
’80-’92
44
1871
44
’88-’91
New York ’82-’88
4*
1899
London.
New York
1890
Brooklyn.
1887
New York ’84-’90
’84-’90
Petersb’g.
44
’96-’00
New York 1887
’70-’75
Petersb’g.
44
’62-’72
6
6
6
6
6
J.
J.
J.
J.
J.
J.
8
J. & J.
New York
1888
6
J. & J.
Boston.
1898
7
Var.
Macon.
’77-’80
503,100
200,000
6
386,000
114,000
298,200
7
7
A.&O.
A.&O.
A.&O.
494,000
990,000
778,000
119,000
778,000
112,444
6
6
8
6
8
8
J.&
J. &
J. &
J. &
J. &
J. &
683.500
849,000
129,000
1,102,000
7
7
7
7
Jpsl
511,400
7
F.& A.
New York
1875
400,000
557.500
7
8
J. & J.
A.&O.
Philadel.
1873
1878
400,000
1,000,000
316.500
6
6
Camden.
7
M. & S.
J. & J.
A.&U.
676,300
7
....
Western Padfic:
1st Mortgage (gold)....
Government Lien
est. Pennsylvania (Nov.
1st Mortgage,
Western
st
1, ’69):
guaranteed
Uiiionm(FeU., *71):
Mortgage
Whitehall dk Plattsb. (Feb., ’71):
1st M. of 1868 on 36 miles (coup)
Wicomico dkPocomoke (Jan.l,’7i):
1st Mortgage
Wil.,Charl.dkRutherfd (Oct., ’69)
lBt Mortgage, new
Wilmington dk Read. (Feb., ’70):
Street Passenger It.II.
1st
Mortgage
Broadway dk 1th Ave. (Oct. 1, ’70);
1st
Mortgage
Xdity (Oct. 1, ’69):
Mortgage
*.
Brooklyn
1st
Brook.,Pros.P. dkFlatb'h (Oc.l ,’68):
1st Mortgage
CentralP.fN.dk E. River(Oct.1,’70):
1st Mortgage
..
D,yD'k,E.B'dwaydkBat.(Oc.\,'70):
Mortgage
Eighth Avenue (Oct. 1, ’69):
1st Mortgage
42d st.dk Grand st.Ferry (Oct.l,'70):
1st Mortgage
Ninth Avenue (Oct. 1, ’70):
1st Mortgage
Second Avenue (Oct. 1, ’70):
1st Mortgage
2d Mortgage
3d Mortgage
Consolidated convertible
Sixth Avenue (Oct. 1, ’70):
1st Mortgage
Third Avenue (Oct. 1, ’70):
1st
200,000
J. & J.
New York
1886
350,000
7
....
New York
1874
204,000
6
J. & J.
Philadel.
’70-’75
Canal:
Chesapeake dk Delate. (June 1,69):
6
J. & J.
F.& A.
Boston.
1875
1880
1st Mortgage
Chesapeake dk Ohio (Jan. 1, ’69):
Maryland Loan, sinking fund.,
Guaranteed Sterling Loan
Bonds having next preference,
200,000
6
....
New York
1,695,825
7
A.&O.
New York
1879
800,000
7
A.&O.
New York
1879’
1,800,000
1,600,000
1,300,000
7
7
7
8
F.&
J. &
A. &
J. &
A.
D.
O.
J.
New York
1896
1894
1886
1879
F. & A.
F.& A.
A.&O.
F.& A.
M.& N.
F.& A.
M.& N.
M.& N.
M.& N.
M.& N.
New York
406
900,000
2,500,000
707,000
1,771,000
500,000
300,000
1,000,000
1.500,000
2,500,000
600,000
2,700,000
7
7
10
7
7
7
7
7
7
7
7
J. & J.
427,000
500,000
360,000
6
6
J. & J.
J. & J.
300,000
650,000
44
44
44
44
i 4
44
44
44
44
44
44
44
Q.-J.
7
7
7
7
800,000
44
New York
44
A.&O.
M.& N.
M.& S.
44
44
New York
44
....
1887
1885
1875
1882
1873
1878
27,237,000
27,286,512
9,651.000
10,000,000
6
6
J. & J.
N.Y.&Bos. ’96-’99
Jv & J.
7
10
A.&O.
M. & S.
’96-’99
1889
Boston.
N.Y.&Bos. 1874
1,600,000
1,600,000
6
6
J. & J.
J. & J.
>*fr’ght,&c
New York
44
1895
1895
Tex.)
173,000
7
J. & J.
Utica.
3,000,000
1,500,000
7
7
J. & D.
J. AD.
M.& N.
Boston.
1,000.000
1,090,000
8
8
M.&N
Boston.
44
*■
^
1878
1886
1891
*76-*77
1889
1872
1884
1900
1865
1900
44
4
J.
J.
J.
4
44
71-’80
J.
1890
1890
Philadel.
•
&>
44
r
44
1890
44
1890
44
1883
1896
1899
44
44
New York
18..
N.Y.& Lon
’84 ’85
J.
J.
J.
J.
J.
J.
J.
J.
Baltimore.
J. & J.
J. & J.
1890
1890
1890
1890
li-90
1900
2,735,000
1,970,000
6
M.&N.
New York
1,800,000
6
Yari.
Philadel.
8,275,000
7
F.& A.
New York
250,000
7
J. & J.
New York
176,000
6
J. & J.
Philadel.
7
A.&O.
Philadel.
1900
6
London.
1881
1886
1897
800,000
S00.000
400,000
500,000
&
&
&
&
44
44
44
44
4k
1899
1,200,000
576,887
197,777
710,000
7
7
J. & J.
M.& N.
J. & J.
New York
694,000
7
J. & J.
New York
1,500,000
7
J. & D.
New York
800,000
7
J. & J.
Brooklyn.
800,000
7
M.& N.
....
44
626,000
7
J. & J.
New York
700,000
7
M.& S.
New York
208,000
7
J. & J.
New York
200,000
7
A. & O.
New York
167,000
7
J. & J.
New York
350,000
200,000
150,000
875,000
7
7
7
J. &
F.&
A. &
M.&
New York
250,000
7
1,780,000
7
D.
1877
1876
1885
44
A.
<4
O.
44
N.
1888
J. & J.
New York
1890
7
J. & J.
New York
1890
2,089,400
6
J. & J.
Philadel.
1886
2,000,000
4,375,000
1,699,500
6
5
6
Q.-J.
Q.-J.
J. & J.
Baltimore.
London.
Baltimore.
1870
1690
1885
800,000
6
J. & J.
Philadel.
1878
Registered Bonds (taxfree)...,
Registered Bonds (tax free)....
1,500,000
8,500,00*
Dela. dk Raritan: See Cam. & Am boy RR
Erie of Pennsylvania (Nov. 1, ’69):
1st Slortgage
743,654
7
7
M.& N.
J. & J.
New York
1877
1884
7
7
J. & J.
J. & J.
Philadel.
Bonds for interest
J. & J.
Philadel.
5,000,000
1,496,879
6
6
6
6
6
782,250
239,425
6
7
A.&O.
A.&O.
1,361,000
6
J. & J.
Phllade
1887
1,751,213
4.016,670
308.500
6
6
6
M.& S.
J. & J.
M.& N.
Philadel.
1872
1882
1870
1,000,000
1,250,000
J. & J.
J. & J.
J. & J.
London.
Baltimore.
825,000
6
6
6
8,000,000
6
M.& N.
Philadel.
1888
299,000
298.500
6
6
J. & J.
M.&N,
Philadel.
1878
1888
100,000
0
J. & J.
Philadel.
187f
2,000,000
7
J. & J.
New York
1886
8,019,000
7
7
J. * J.
I & A.
New York
1886
1881
7
7
J. & D.
Plain Bonds (tax free)..
Delaware Division
1st
1890
1890
1871
1888
1890
1882
1878
1871
1893
1883
1907
<4
Bleecker St.dk FultonF.(Oct.\,7to'):
7
44
1860
1860
1859
41
J. & J.
Mortgage
Wilmington dk Weldon (Oct. 1, ’69):
Mortgage, sterling
Sterling Bonds
Sinking Fund Bonds of 1867
6
1883
1879
4
6
6
4
6
6
6
200,000
400,000
1st
1st
7
7
(Feb., *71):
1st Mort., endors. by Baltimore
1st Mortgage, unendorsed
2d Mort., endors. by Baltimore.
2d Mort., end. by Wash. Co.
2d preferred Mort., unendorsed
New Mort., guar, by Baltimore...
7
6
-
Western Maryland
399,000
300,000
500,000
lerreHaute dk Ind'polis{Feb.,’7t):
1st
,
New York
250,000
Syrac.. Btngh. dk N. Y. (Oct. 1, ’70):
3d
New York
J. & J.
Company Bonds
*
London.
1892
1892
1892
18..
18..
7
Muscogee RR Bonds
2d
44
100,000
Southio. lacificof Mo. (Jan. 1,’69):
1st Mort. (gold) $25,000 per mile
Southwestern, Ga. (Aug. 1, ’69):
1st
44
1st Mortgage, sinking fund
Bonds convertible, tax free....
1st Mort. L. G
South dk N. Alatnuma 'Feb., ’71):
150,000
1st M., end. by a
133 m...—
South Side, L. 1. (Oct. 1, ’69):
750,000
1st Mortgag e
South Side, V n. (Oct. 1, ’69):
258,000
Consol. M. i 1st pref.) for $709,000
574.400
C#nsol M. ( Al pref.) for $651,000
407,800
Consol M. (clrl pref.) for $540,000
800,000
Va. State Loan (suspended) —
31,700
2d Mort. Petersburg guarantee
3d Mortgage
52,400
Southern Minnesota (Jan. 1, ’69):
1st Mortgage, 10-20 years
20,000 p m
Staten Island (Oct. 1,
1st Mortgage
1895
1897
1898
30,000
Real Estate Bonds, F
1st Mortgage Bonds, L
Southern Central
New York
,„,v
£452,912 10$
Bonds)(G)
Sterling loan,
M.&N.
New York
Somerset
1st Mortgage
2d
44
New York
Savannah dk
1st
44
/
M.& N.
...
1st
44
J. & J.
M.&N.
1,200,000
«SSlKi.dWtgeb..71):
Mortgage, new, 1869..
1894
1894
1894
1894
<4
6
M.,W.\lne (land) for$;3OOO,O0O
SiouxCity (Mai.,.71) •
Paul dk
1st
7
44
7
7
St Mort.*wes t. re.rfo A6.obo',666
St
7
7
7
1,000,000
120,000
700,000
SafiSS£Gffiaj«""
1894
J. & J.
A.&O.
F.& A.
M.& N.
M.& N.
1,400,000
*
»
J.&J.
F.& A.
New York
10
1,100,000
1,100.000
fund
4SSI11:
9A
10
;
(gold).
Mortgage
2d
400,000
329,000
(Feb., ’70)
Mortgage
Delaware dk Hudson
:
(June,’70):
44
1865
1878
44
Lehigh Navigation (Nov. 1, ’69):
of 1873,
of 1884,
of 1897
Loan of 1897
Convertible Loan of!877.
Loan
Loan
Loan
Gold
54,800
5,656,099
2,000,000
Morris* (Feb. ’70):
1st and 2d Mortgages ...
Boat Loan, sinking fund
Pennsylvania (Feb., ’70):
1st Mort. tax free g.byPen.RR
Schuylkill Navigation (Nov.l, ’69):
1st Mortgage
2d Mortgage..
Improvement
Susq. <t Tide Water (Feb., ’70):
Maryland Loan
Loan of January 1,1878
Pref. Interest Bonds...
Union (Feb., ’70)
1st Mortgage
West Branch dk Susq. (Feb.,
1st Mortgage
2d Mortgage tax free
70)
Wyoming Valley (Feb., *70):
1st Mortgage
Miscellaneous :
Amer. Dock dk Imp. Co.(Jan.l.’69):
Bonds (guar, by C. RR. of 14. J.)
Consolidation Coal (Feb., 71):
1st Mort. S. F., 20,000 per annum
Pennsylvania Coal: Mortg.B’ds.
Quicksilver (Mar. 1. *71)
1st Mortgage (gold)
2d
Mortgage (gold)
Western Union lele’gh., 1st
M
556£00
500,000
1,000,000
<•4109
E
II
J. & D.
J. & D.
J.&J.
1873
1884
1897
1897
1877
44
Q.-J.
Q.-F.
14
1876
1885
JerseyCity
44
44
1886
1878
1894
44
44
44
|
New York
44
Now York
,
1873
1879
THE CHRONICLE.
406
4L)e €rrmmercial lime®.
UOMMSROIAL
The
a
Night, March
fitful tone to trade circles
the past
,
1371.
week.
those mentioned in the table.
g gp
as
'
th
terior markets, and holders,
.2 >*
O
co
.-Tof ofc©
oo
•-<
other article,
beeide,
to Tf 05 05 O
r,
«
02
IQ
OO
t- tr
o
ii
05
r-i
-
o
while unwilling to give w ay in
prices, are desirous of selling. Of foreign goods the mar¬
ket is well supplied, and trade with the interior not
very
brisk. The effect of such a state of affairs is not, of course,
altogether satisfactory.
Cotton has been drooping, closing at 15@15^c. for Mid¬
dling Uplands. Breadstuff's have been irregular; closing
prices are $6 50@6 80 for Flour, shipping’ extras; $1 57@
1 61 for New Spring Wheat, and
83@S3-J-c. for prime
mixed Cjrn.
Groceries have been dull, except
Sugars, which
have met with a large demand, at
9@9£c. for fair to good
refining, but the close was quiet.
Metals have been without movement of
moment, except
Slrait’s Tin, which advanced to
33@33^c.,
line,
including the value °f all
leading staples of domestic produce, Cottm, Breadstuff's,
gold.
following table,
compiled from Custom House returns,
showi
ptnnrts of leading
articles from the port of
a
NewYork since
foreign countiies, and also the
S t the tart we*andprincipal
since January 1. The last
two
the expor
Provisions and Tobacco, are regarded as rather dear, in view
of the large quantities in store or coming forward from in'
^§3
> w
OQ
3
■~S
$
^
OO
i
I
oo
© «
-
Eh ’"3
©♦
eo<
3|-g §11
>00<
w
3#<
.THcoHWoeoHs*
•
Iris
«*
$3-S
efaf *
^
nr
h h
ma
^sssssssSSSIIlS
'
:
f
8 : : : : .8832
•70
'rlii
»•••
.8 ;• :
:
tH
•
•
•
th
i04**
»
'
*
OH
•co
’
5
*0
GO
eo
!?!
Im
<u-
.coo
-toa
.~§
£
GO C
•
t-*
a
:SgSSaS|2§§
r_T
ef
(On
▼H
I&C
id i m
W • §?
1“l
^
3
S!
H'
U i (1 n i;® i ? ;§ ;ee f ;*’eo- ie•••.«*
in
«h
T*
nri
SO
si
*
to
■
The sales
II ?I : .§§8SS : : ;s
about 10,000
slabs. There is more inquiry for Scotch
Pig Iron at the close, with prices unsettled ; Glengarnoch
last sold at $32 50, currency, to arrive.
were
exports of fcead In* Articles from New
fork.
The
EPITOME.
Fridat
There has been
[April 1,1871,
• •
cow
pq-j _
Mod
<D
East India Goods have been
quiet, except Calcutta Lin-'
seed, which, afterr free sales closes firmer at $2 27-£-@2
30}
gold, per 50 lbs.
Tobacc > h is been more steady. In
Kentucky Leaf, the
■9 -I
sales of ihe week have been about 500 hhds., of which 350
hhd?. for export and 150 hhds to cutters and dealers. Prices
* *
have been steady at the dec'ine
W s
previously noted; lugs, 6@
leaf, 7@l2c. In Seed Leaf Tobacco there has been a|
large movement, mainly speculative, but prices have not 9 <! !S :
s»
barn reported ; the sales include 1,90C cases new
Pennsyl¬ :
vania, in some half djzm different lots, all oh private terras 5 5 ®
a line of new Wisconsin at
23£% and some old Pennsylvania I BoS5S :
5 £|
'
»»
wrappers at 30@33e. Spanish Tobacco was less active, with
sales of 100 bales Yarn on private terras, and 300 do. Ha¬ 3
.
S 73
2 • •
vana, at 90@$1 05, currency, duty paid.
« —
Provisions have been generally depressed. The outward
g •
••
movement has been much reduced, and stocks of
hog pro¬ j gS J : : •
ducts show some accumulation, while holders of Beef and
other products of neat cattle have shown some
®
anxiety to
O
_
CO
•
—i
TH
;:s :S;»
r-Tof
§5^
T“l
:«t : ; ;o»o*
• • .
H
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e*
^
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t-i
o T3
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•
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-
-
.
on
C»
•
.
no
•
.
►* ®
•
•
-h
OS
00 t- « QO
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£3 :g8SSSg£S?8§SS
; tc C 0.^.0.0.TT. JC^ O
o' t-"acT c--
* gg
gg
nwSj)
t-(
nTnT
•s :S5 :S :
:S
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:%&$%%%% ’.“S
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i
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.
OQ O CO CO £
.
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'to
3
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oo
.
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•
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.
:
:
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:
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o
•
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•
•
•
reduce shocks.
moderately active for export at 8f@9c. Whiskey,
with smaller receipts, has
slightly advanced. Clover seed
has materially declined, Canadian
selling to-day at 9£c in
bond. Hops have b en active for export and home use at
full and improving prices.
Shipping bay has advanced to
$1 2 0 from scarcity.
In Naval Stores, Rosin3 have been
a
fair business, Refined closed
Fruit and Fish have been dull.
Wool lias become very quiet.
at 23c
on
the spot.
Woolen goods are doing
well, and manufacturers have almost wholly retired from the
market for the
raw
:S ; ks
:s : M
: : i
: : :
Hi
>(o3
.
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.
.
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£3 S
:
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8 -8;
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:§; S^^o
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<?HN0n^VO ’fn
-
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OD
33
00
OD
®
OC
material.
Freights have been dull, until to-day, when there were
large shipments of grain at 5£d. by sail and 6d@6£d by
steam to Liverpool and 6d
by sail to Glasgow. The rate for
Cotton to Liverpool by. steam ds
5-16@£d, but shipments
limited, and little besides grain goi«g forward/-
o
©f
quiet and firm, but
Spirits Turpentine has been fluctuating, closing quiet. In
Oils the oniy change is the advance of Linseed Oil to
85@87c
for whole and jobbing parcels.
Petroleum has declined,
:
:
:
1
H
drooping.
Tallow
leading to
•«
«t-
:
L■O
-
*
ao
cj
Some lines of old Butter have sold for
export at 13@lGe., and prime factory Cheese declined to 16c.
Hides have been rather quiet but firm, at
24£c, gold, for
Prime Buenos Ay res. Leather is dull, with prices
o
OS
Lard, 12£@l2g-c. for Prime Western Steam; Bacon, 9f@
10c. for Cumberland.
V
Q. O
.of
■of •
OS
tn
New Mess Pork touched $21 on
Wednesday,
but closed with some business for early
delivery, at $21 25 ;
®-«r
...
M
®H
as
H
CO®
hH
Q h*O^ln-ofrT *
o
O
,
S*
cfaf
Oho
.
to
•
'
•
BB
OO
£
SeiHM
OOO
April 1,
THE CHRONICLE.
1871>]
~7
—
.
^
ao<*«lDts of Dome*tlc Produce for
Heceipw
January 1.
—*~nAnra
J
.
|
Since
Jan. 1.
This
week.
fnr til
the Week and
Wftftk Rfid
ft
!
Same
since
country cannot be anticipated at present. These facts, together
with the early settlement of the contracts
maturing this month,
have withdrawn all speculative spirit from the market, and the
feeling has been dull. Still there has been no pressure to sell,
although buyers have found no difficulty in supplying their wants,
and frequently at a shade below tho market. The close
to-night
was dull at the prices
of last Friday, except for Ordinary, which
was 4c. off.
For forward delivery the business baa been fair, but
prices are about
lower, Low Middling being quoted to night
for March, 14 l-16c.; for April, 13fc.; for May, 13 1116c.; for June,
13fc.; for July, 13 Jc.; and for August, 14c. The total sales of this
description lor the week have been 65,300 bales, including 1,100
free on board. For immediate delivery the total sales tiot up
this week 21,386 bales, including 1,576 bales to arrive, of which
3,186 bales were taken by spinners 917 bales on' speculation,
15,294 bales for export, and 1,989 bales in transit. The following
are the closing quotations:
SI11CG
Since
Same
1.- time *70
This
; week. Jan.
(time *70.
~
ffaaueviux—
Flour .bDis.
673,885
651,342
336,183 1,863,924
482,008
61,660
52.525
91,439
Wheat .bus.
Cora
Oats
Bye
pkgs....
Oil, lard
597,515 Peanuts, bags.. .
'
1,707
••••••"’
205,693
12S.11C
5'',060
8,587
48 584
Barley. &c..
4,329
Grass seed.
Bean8 ..-••••
2,733
415
5.714
Sfmeal.-bbis
Cottoa.hales.
Hemp..balesHides ••••No*
Hops.. .bales.
Leather .sides
379,139
3 916
109,229
9,544
43
11,004
Rosin
541
Tar
Beef, pkgs
470
111,090
7.031
4,816
16,801
10,061
4,293
4.760
2,956
Dressed
24,929
1,387
29,984
117,833
72,854
89,719
83.292
117,833
52,207
52,816
53,271
54,397
48.264
45,685
7717
5,441
45,865
7.255
25
45,049
6,601
12,045
541
6.763
5,453
3,130
45,917
11.238
43.311
549
16.845
294,
2.140
Wool, bales
12.943
165.102
690
33,339
69,495
108,631
5,390
4,705
Whiskey, bbls....
14,509
1,061
99 903
119
429
Sugar, hhds., be..
Tallow, pkgs
Tobacco, pkgs...
Tobacco, hhds...
12,371
4,793
6016
Starch
Stearine
15.093
737 307
159
Pitch
Kggs
Pork
Lard, pkgs
Lard, kegs
225,919 Rice, pkgs
1,680
10,929
120,*i33
4,8 46
173
76>
Spirits tnrp.
48,028
nutter, pkgs....
Cheese
Cutmeat?
•
23,923
679,159
41,024
43,807
Sava! StoresCr. fnrp.bbf.
Provisions—
871
i;052
Molasses bbls.
820,591
348,806
555.941
1,309
482,988
8,992
101.603
06 576
25,613
200
135
938
Oil cake,
2,209
U827
ISO
hogs No.
2,465
853
8 064
17,018
8,515
53,196
22,331
65,417
90,114
Florida.
Ordinary
Good Ordinary
per
Middling
Below we give the
this market each day
received by us to-night from the
in possession of the returns showing the
receipts, exports, &c., of cotton for the week ending this evening
special telegrams
Total
Saturday
Monday
From the figures thus obtained it appears that the
total receipts for the seven days have reached 71,744 bales against
81,426 bales last week, 103,484 bales the previous week, and 136,53o
bales three weeks since, making the total receipts since the first o'
tfew
bales
Orleans
32,235
5,470
26,288
2
Texas
Tennessee, &c
Florida
North Carolina
1871.
bales.
2,35l! Virginia
3.559
10,532
4,635
8,176
ChsrlPstcn
62l|
Rec’d this week at—
3.785
Total receipts
Increase this year
4,500
4,5831
44
503
6,391
1,899
71,744
46,581
28,257
I
4,597
5,362
3,240
2,391
3,100
14*
900
14 13-16
2,800
14%
300
600
14 5-16
Fsr
400
200
April.
New Orleans
26,257
Mobile
22,869
3,839
4,714
Charleston
Savannah
Texas
New York
1 852
8*980
11,911
1871.
33,081
7,373
239.937
5,308
21,597
15.005
8.457
53,534
45 965
7,913
10,393
60.277
111,000
37 C00
1,040
990
2,030
19,887
7,554
27.441
1,648
1,843
58,386
The
5S,000
24,000
579.731
432,296
11*®....
13*®....
14%®...,
15*®....
16*®....
Good
Low
Ordinary.
Middling.
12%®....
12%®....
14*®....
14*@....
12%®....
14*®....
12*®....
14*®....
12*®....
14
14
12*®....
2,COO
14*
For Mav.
500
13 11-16
1,10*
13%
800
13 13-16
3,500
18%
3 100
13 15-16
2,100
2,100
5,300
13 %
Middling
15*®.
15*® ..
15*®...,
15*®....
15*®....
15*®....
®...
@....
lia’es.
10).,
800.,
1,200.
ct«.
.14 1-16
-U*
...14X
•
■
For
800
900
400
14 1-16
14*
August.
14
1434
14 8-16
2,000
14J4
11,100 total June,
14 1-16
14%
l
15,700 total May.
14
4,100 total Augiufi,
July.
or
•
3,300 total July.
13 15 16
14
100
900
14
900
2,000
18%
13 15-16
For June.
hale3.
cts.
1U0...“..... 13 11-16
•100
13*i
100
13 13-;6
10(>.
1336
ro >.
600.
14
13*
free on board have reached 1,100
sales are as below:
on
board at Charleston/.
on
boa- d at Mobile
p. t.
p. t.
following exchanges have been made during the week;
%c. paid to exchange 800 April for 800 March.
3-16c. paid to exchange 200 April for 200
400 March for 400 August, even terms.
July.
Weather Reports by Telegraph.—There appears to hava
been a return of rainy weather throughout the South the past
week. Our telegrams state that at Macon, Montgomery and
Memphis it has rained four days ; at Nashville, Mobile and Colum¬
bus it bas rained three days, and at Savannah, Augusta, Charles¬
ton and Selma it has rained two days during the week. Our cor¬
59,688
35,000
cts.
14 1-16
600 free
500 free
192,438
r
2 000
The sales during the week of
bales.
The particulars of these
1870.
49,128
8,553
1,852
20,891
®....
®....
10*@....
10%®....
10%@....
4,300
Stock.
Total this Same w’k
week.
1870.
16%®....
(at....
14%
10,100
this evening, are now 579,731 bales. Below we give the ex¬
ports and stocks for the week, and also for the corresponding week
of last season, as telegraphed to us from the various ports to-night:
Contin’t
11
11
11
13 13-16
ap
G. Brit
11*®....
12%®....
14%®....
15*@....
16%®....
&....
14*3....
15*®../.
Ordinary.
21,900 total April.
14*6
2,000
5,200
exports for the week ending this evening reach a total of
111,741 bales, of which 65,661 were to Great Britain, 11,119 France
and 34,961 to rest of the Continent, while the stocks as made
Week ending M’ch31.
bales.
8,100 total March.
The
Exported to—
2,485
i
For March,
bales.
cts.
200
14
200
14 1-16
1870.
298
443
11
12%®....
For forward delivery the sales (including 1,100 free on board)
have reached during the week 65,300 bales (all low middling or on
the basis of low middling), and the fblowing is a statement of the
sales and prices:
RECEIPTS
1870.
3,311
Tuesday
Wednesday
Thursday...
Friday
September, 1870, 3,312,231 bales against 2,406,346 bales for the same
period of 1869-70, showing an increase since September 1 this year
of 905,885 bales. The details of the receipts for this week (as per
telegraph) and the corresponding week of 1870 are as follows
1871.
10%®....
12*®....
14®....
Texas.
total sales of cotton and price of Uplands at
of the past week ;
gales.
March 31.
Mobile.
15*®....
16*®....
Good Middling
Southern ports, we are
Bec’d this week at—
lb.
Low Middling
RECEIPTS
New
Orleans.
Upland and
COTTON.
Friday, P. M., March 31,1871.
By
407
with the
respondents complain that the rain is interfering materially with
farming operations. The Savannah telegram speaks of the storm
being very severe in that section. At Galveston the weather has
been favorable and good progress is being made with the crop.
The Thermometer at Galveston has averaged 52, at Memphis, 49;
Mobile, 63 ; Columbus, 59 ; Macon, 56 ; Charleston, 55.
147,435 bales
Weekly Receipts of Cotton.—Below we give a table showing
the receipts of cotton each week at all the ports for several sea¬
Other ports
Total
111.741
46,080
65,661
Total since Sept. 1... 1,766,027
501,602
2,277.679
72,525
1541,409
• • t
From the
foregoing statement it will be seen that, compared
corresponding week of last season, there is an increase in
the exports this week of 39,216 bales, while the stocks to-night are
than
they were at this time a year ago. The
usual table showing the movement of cotton at
»U the ports from Sept. 1 to March 24, the latest mail dates. - We
do not include our
telegrams to-night, as we cannot insure the
tccnracy or obtain the detail necessary by telegraph.
following is
more
EXPORTED SINCE
RECEIPTS
nTvne *«pt
POUTS.
Orleans...
£e?r York...;..
Florida
florth Carolina!
ffjonla
Other ports....
571,351
185,094
7,825
117,222
258,806
94,025
432,832
2,704
“to
2,9:8
18,007
14*376
2,95k
32,883
3240,487
....
1710,366
“
.
2359.765
“
Stack.
tt
ft
it
44
26..412
3,279
5,621
27,000
.
44
<c
4£
44
663,144 468,690
Liverpool the buoyancy of last week has been followed
by considerable steadiness in tone and quotations, but no further
advance has been established, the close to-day being reported dull
at 7£d. for
Middling Uplands, the same as last Friday. Our mar¬
no strength from Liverpool. At the
too, we have had continued free receipts, showing
that much cotton
yet remains to come forward; while the unfav¬
orable news from France indicates that the old demand from that
received
11
49
1....
8....
15....
22....
28
....
....
....
....
....
....
11
18....
25
....
....
....
December 2
44
January
ft
44
At
ket therefore has
Southern ports,
3
23
10
17
November 4
1,26 i
77,058
are
189-70.1870-7
£
e
o>
o
o
<y
a
£
15
15
67
2
42
56
a>
<y
44
February
-
4
v
44
44
March
44
1 4
ft
41
9...
16...
23
80
6....
13....
20
27
8...
10
17
24
3
10
17
24.....
81
....
.
....
.
....
....
....
....
....
....
....
....
....
....
....
....
....
...
88
no -
107
110
121 536
139
137
135
184 535
136
15
145
152
150 708
140
124
119
132 545
144
136
112
84476
92
73
61378
90
119
135
139
138 619
156
152
150
158 616
183
175
179
20)
162 m
143
163
157
166 620
172
179
352
132 635
141
166
98
88
75 608
84
92
79
104
11 490
144
148
125
119 536
96
107
121
95
102 521
111
150
5
2
11
20
12
27
3.5
44
51
57
66 253
71
73
73
73 298
92
80
83
77
87 428
75
78
82
86 321
68
71
74
57 770
184
186 631
150
16
159
111 566
122
64
49
54
45 834
.
a
o
£ a
66
October
10,529 445,043 2165,938 914,285 626,781
970,2S2 233,246 265,406 1468,834
1868-69.
Porta.
The market
during the past week has been quiet and dull. In
fact there has been
nothing to stimulate any speculative move¬
ment.
£
44
year
1860-61.
Our figures
X
o
September 3
249,977 829,153 140,521 262,132
31,760
24,921 210,015
62,351
27,283 144,505 140,193 24,212
76,292 365,093 221.470
66,501
12,929 106,955
34,610 59,685
39,265 474,801
116,000
’*70
1853-60.
<u
o
Northern
Other
Britain France Forlgn Total.
1858-9.
44
Total this year
.Totallast
1869.
1148.883 920,685
347,925 260,557
301.549 193,990
646,536 499,151
199,932 132,935
95,039
179,874
19,354
11,051
80,4*17 ! 0,416
275,991 173.357
49,231
50,339
Mobile
charleston
Savannah
Texas
8EPT.1 TO—
1
Great
1870.
N«w
indicating, also, the total crop each year.
given in thousands of bales.
sons,
our
45
37
35
32
88 187
70
£9
60
68
82
80
95
94
82
86
103
100
110
111
114
98
88
99
104
105
106
97
ts
73
67
45
53
47 3
*
1860-61.
1859-60.
1858-59.
1868-69.
•
a
*
May
June
7
July
14
21
28
4
11
18
j.
8
|§
s
£
a
M
31
.
Corrections*.
Overland!
Consumed South
Total crop
♦Made up on'count
.
Mar.
Liverpool.
29
82
51
10
22
33
14
25
24
2,911
202
194
9
13
3,851
4,6 6
3,656
2,100
‘i67
’iss
i93
259
80
154
90
4,018
4,861
3,849
2,439
3,155
18
..
1
..
market for spot cloth is very
Weekending Mar. 31,1871.—^-Weekending Mar. 31,
Receipts. Shipments .Stock. Receipts. Shipments.
865
331
950
837
Macon
Montgomery.
.
Selma
Memphis.
..
Nashville
...
..
6,956
1,325
941
v
1,311
1,034
15,073
2,027
2,228
572
449
301
422
508
4,160
6,760
589
1,588
1,112
390
5,716
1,095
this date of each of the
seasons:
.
i*** r",
v.
f
I;
Stock in United States ports
Stock in inland towns
V
h
'
t? rv
fr
Stock in Liverpool
bales.
Stock in London
Stock in Glasgow
Stock in Havre
Stock in Marseilles
Stock in Bremen
Stock rest of Continent
Afloat for Great Britain (American)
Lfloat for France (American and Brazil)...
Total Indian Cotton afloat for Europe
*
1
h?
Total
These
1871.
750,000
74,890
300
41,376
4,000
9,250
25,000
365,000
64,690
350
57,960
7,806
2,116,817
1,540,203
in sight to-nigh
date of 1870.
The exports of cotton this week from New York show a de
crease since last week, the total reaching 19,817 bales, against
25,931 bales last week. Below we give our table showing the
exports of cotton from New York, and their direction for each of
the last four weeks; also the total exports and direction since
September 1,1870; and in the last column the total for the same
period of the previous year;
14,075
432,832
666
2,038
2,704
666
2,038
13,311
2,704
13,314
1,684
6i3
493
825
342
1,394
116,770
6,548
2,107
12,821
3,078
2,556
3,703
3,704
36,139
1,255
625
51,808
2,363
763
....
....
•
....
....
....
15,659
25,931
•
•
•
3,126
19,817
474,801
280,248
NEW YORK.
PHILADELPHIA
BOSTON.
This
week.
Sept. 1. |
6,573;
1,234|
2,210|
224j
BALTIMORE.
2,949 25,335
L139
161,674
8,719
9,624
6,173j 187,047 !
23,1641 836,202
Total this year
9,841!
Total last year..
(Since
i Sept 1.
86
241
13',538
238
3400
387
407
185
10
44,673!
2,378 69,422
72 13,940
461
7,i05
256* 11,227
210!
4,778
“““
69
11,896
4,996
48,096
1,470 26,506
.115
1
204,184] j
6,629 171,221 |l
7,212
539,338 i
_
12,933
674
168,492
This
week,
3,435
6,434
33,750
7,008.
1,398
120,135
53,259
311
Since
.
25,203
2,222
1881
4,172,
This
Sept 1. week. Septl.
1
100,651
137
Foreign
Since
This
week.
Since
40.216
3,165 104,687
664 39,649
1,185 77,369
1,043
Shipping News.—The exports of cotton from the United States
the past week, as per latest mail returns, have reached 97,166
bales. So far as the Southern ports are concerned, these are the
c
exports reported by telegraph, and published in The Chron¬
last Friday, except Galveston, and the figures for that port
the exports for two weeks back. With regard to New York,
include the manifests up to last Saturday night:
same
icle
are
we
Total bales.
Liverpool,
New York—To
per
steamers City of Dublin, 774
Idaho,
Algeria, 1,548... Batavia, 863... .City of London, 821....Hol¬
land, 3,060
per ship Flying Foam, 3,352
To Continent via Glasgow, per steamer India, 131
14,075
131
To Havre, per steamer Avon, 2,038
To Bremen, per steamer Donau, 632
per bark Everhar
To Hamburg, per steamer Holsatia, 342
;
To Amsterdam, per bark E. H. Duval, 1,900
To Cronstadt, per bark Freyga, 76
New Orleans—To Liverpool, per steamer Chrysolite, 1,678
2,038
Delius, 623 1,255
342
1,900
76
per ships
Cherokee, 1,420
Asteriana, 3,963 ...Kendrick Fish, 4,108....Marcnmount, 3,450
Pharos, 3,932
Pocahontas, 3,553.... Kronprinsen,
Zetland, 3,540
per barks N. Raffalina, 2,299
2,245
John Ellis,
—
—
per brig Jane Goodyear, 305
To Cork, for orders, per ship Henry, 3,465
To Havre, per brig Alice M. Putnam, 1,100
2.269..
•-
'
per
schooner Kate
32,762
8,455
Brigham, 1,385
To Bremen, per barks Lakemba, 1,801
Estella, 1,610
.....
To Amsterdam, per bark Columbia, 1,554
To Cronstadt, per ship Minerva, 1,604.... per barks Agewen, 1,200
....Ebenezer, 1,317
To Gottenburg, per bark Carolina, 1.030
To Gefle, per bark Mercurius, 1,694
To Venice, per bark Halcyon, 1,770
Mobile—To Cronstadt, per brigs Carrie Purrington, 815—Christian
2,485
3,411
1,554
4,121
1,030
t,694
h770
To Barcelona, per brig Arturito, 280
Charleston—To Liverpool, per hark Midas, 1,485 upland
To Amsterdam, per bark Draupner, 1,650 Upland
Savannah—To Liverpool, per barks Jennie S. Baker, 3,300
Susan M Dudman, 2,413 Upland
L485
h™0
Upland....
5,713
To Bremen, per ship Tidal Wave, 3,230 Upland
3,230
To Amsterdam, per bark Yarmouth, 2,160 Upland
two1870.
past
To Barcelona, per bark Maria and Isabel, 900 Upland..
9W
To Trieste, per schr. Wm. Hunter, 1,000 Upland
hOW
452,000 Texas—To Liverpool, per barks Rosita, 801
Tioy Sabrins, 850—
169,000
579,731
82,639
figures indicate an increase in the cotton
576,614 bales compared with the same
771
1,238
24,669
North’rn Ports..
1870.-.
Stock.
20,392
13,000
13,265
10,014
5,425
16,887
5,582
9,600
28,000
*27,000
44,596
131,340
432,296
84,565
15,631
212,546
2,465
Grand Total...
Tennessee, <fec..
period of last year), while the aggregate receipts are 5,593
bales more, and the shipments 10,846 bales more than for the
corresponding period of 1870.
Visible Supply of Cotton—The following table shows the
quantity of cotton in sight at
425,163
7,669
3
....
Virginia
7,648 12,637 84,565
23,483 82,639
13,241
These totals show that the interior stocks have decreased during
the week 10,242 bales (being now 1,926 bales less than for the
same
21,562
....
561
Mobile
Florida
South Corolina.
North Carolina.
give the movements of cotton at the interior ports—receipts and
shipments for the week, and stock to-night and for the correspond1,155
13,103
....
"561
New Orleans...
Texas
Savannah
1870.
1871.
21,742
7,899
8,550
6,525
5,193
25,970
prev.
B10BIPT8 PROM-
1,404
1,756
1,341
date.
The following are the receipts of cotton at New York, Boston.
Philadelphia and Baltimore for the last week, and since Sept. 1,1809:
of stocks, &c.
1,977
3.657
Sam*
time
year.
14,075
935
Spain, See.
Total
Imported into the United States from January 1st to date
Bale*. 3,515
1,805
On the way to the United States March 81st
4,870
700
Loading at Calcutta last date for United States
3,800
Stock in importers’ and speculators’ hands in Boston, March 3lst.... 5,900
3,600
Stock in importers’ and speculators’hands in New York, March 31st. 9,100
Imported from Europe from Janury 1st to date
1,000
Shipments and consumption from hi. Y. and Boston during March... 100
13,000
17,250
Stock on hand January 1st, including South
Movements of Cotton at the Interior Ports.—Below we
...
20,627
Total to N. Europe.
GUNNY CLOTH.
Columbus
13,103
Hamburg
Other ports
u
Augusta
21,030
Total French.
there being no buyers and prices merely nominal. We
19@20c. currency, duty paid, for India, and to arrive
12|c. gold, in bond. Bags rule very quiet, and sales are confined
to jobbing lots from store.
The quotation is nominally 15|@16c
currency- Hemp lias ruled quiet, but at the close we learn of a
small movement in Manila. Sales are 550 bales to arrive pel
“Glenloyon ” at 9^c., and 500 bales on spot at 9£c., at which price
the market is steady. Jute has been in fair demaud, but closes
quiet; sales are 500 bales common at 5£c., and to arrive per “ Dina
pore” 500 bales superior at 6|c. gold. Jute Butts are fairly active
and firm. Sales are 500 bales per “ Prince Patrick ” at 4c. curren
cy; 700 bales per “ Lucy S. Wylls ” at 4-|c. currency ; 500 bales pei
Whittier ” at 3£c. gold; and on spot some 2,000 bales at 3|@4c.
currency, cash and time.
The fnllowing is from the monthly cir.
cular of Messrs. Henry H. Crocker & Co. of to-day :
•»
25.
Havre
Other French ports.
would quote
.
Mar.
18.
Total to Gt. Britain 21,030
77
*ull again,
.
Mar.
11.
Mar.
4.
Other British Ports.
41
to
Total
Bremen and Hanover.
10
7
3
8
Sept.l,i8*0
WEEK ENDING
Bagging, &c.—The
Gunny Bags,
Exports of Cotton (bales) from New York since
1869-70.
d
7
3
2
22
152
[April 1,1871.
EXPORTED TO
52
45
40
33 170
31
31
28
44 134
17
9
13
5
9 53
50
50
53
31 190
25
24
23
16 88
9
10
10
8
8 45
9
13
10
6 38
12
10
7
14
21
28
5
12
19
2 •
2
9
16
23
30
Uk:
o
a
%
April
CHRONICLE.
THE
408
Crimea, 1,484
To Cork for orders,
To Amsterdam, per
per
bark H. G. Hall, 1,500
— • •—
bark Atlanta, 1,525
Baltimore—To Liverpool, per barks Lorenzo, 329 — Maria, 306....
Georgiana, 500
Boston—To British Provinces, 25
To Fayal, per bark Fredonia, 4
Total
:
follows:
pool.
New York.. 14,075
Cork.
K. Orleans. 32,762
Mobile
3,465
Charleston..
Savannah
..
Texas
Baltimore..
1,485
5,713
3,135
1,135
Total.... 58,305
4
Havre.
men.
2,038
2,485
1,255
3,411
arranged in our usual
....
....
3,230
....
....
....
4,523
7,896
1^650
2,160
1,585
1,500
4,965
1,554
....
,
....
form
Ham¬ Amster¬ Cron¬ Gotten¬
stadt. burg. Total.
burg. dam.
19,817
76
342
1,900
Bre¬
Liver¬
*
97’166
~
^.The particulars of these shipments,
are as
^
.
342
....
8,789
4,121
1,315
h030 52,29*
....
....
....
....
....
5,512
1,030
1,595
3.135
13,003
6,160
1.135
97J66
Continent via
Barcelona
to ^rceio
Provinces ana
Included in the above totals are from New York 131 bales to
Glasgow; from New Orleans, 1,694 bales to Gefle and h770
from Mobile, 280 bales to Barcelona; from Savannah, 900. bales
and 1,000 bales to Trieste; from Boston, 25 bales to British
bale* to Fayal.
To
Exchange and Freights.—Gold has fluctuated the
Gold,
tweekbetWeenllOiand HOJ.and the close was 110*. Foreign
&an«e market is firm to-day. The following were the Just
^notations: London bankers’, long, 109^(®—; short,
2»d Commercial, 109}@109i. Freights closed at 5-16 afd. by
“team and 9-32@ll-32d. by sail to Liverpool.
Telegraph from: Liverpool.—
March 31, 5 P. M.—The market has ruled dull to-day, with sales
to 10 000 bales, including 2,000 bales for export and speculation.
theweek have been 81,000 bales, of which 15,000 bales were
Vllnfnr export and 9,000 bales on speculation. The stock in port is 750,000
v-ifu nf which 415,000 bales are American. The stock of cotton at sea bound I
I
tothia tort is 552,000 bales, of which 365,000 bales are American
TmtHFooL
a2S£rS
March 24. March 31.
81,000
84,000
11,000
15,000
5,000
9,000
9,000
gales on speculation.
780.000
768,000
750,000
Total stock.....
421,000
452,000
415,000
Stock of American..
512,000
523,000
552,000
Total afloat
350,000
340,000
365,000
American afloat.
The following table will show the daily closing prices of cotton for the week:
.iaei
°
Sat.
Mon.
Tues.
Wed.
Thurs.
Fri.
® Mid. Uplands. 7*®7*
Price
?*®
M
7*®... 7*®...
March 17.
March 10.
78,C00 '
14,000
6,000
804,000
466,000
501,000
335,000
72,000
18,000
Total sales
Sales for export.....
.
Orleans.. 7%®7*
7M
7m
®
®
7*<|
1%®... 7m...
®...
®
Trade Report.—The market for yarns and fabrics at Manchester is steady
European and Indian Cotton Markets.—-In reference to
these markets our correspondent in London, writing under the
date of March 18, states:
Liverpool, Mar. 18.—The following are the prices of American
...®
Up. toarrive.
“
compared with those of last
cotton
Fair &
r-Ord.&Mid->
23
18
13
Sea Island
Stained
day the market ruled firm, but the demand wafc without im¬
provement.
The Wheat market has been fairly active for export, with some
milling demand. A better supply of the finer grades of amber
Winter Wheat, received by rail, has weakened prices for that
variety ; but Spring and white Wheats have ruled very firm. A
considerable eastward movement by rail has commenced from the
West, but with light stocks on the seaboard prices are not affected
thereby. To-day Spring Wheats were higher, with large sales at
$1 56@1 61 in store and afloat, mainly for export, but Winter
Wheats were lower, with sales of choice amber at $1 68 afloat
We also notice the sale of 30,000 bushels No. 2 Spring to arrive
by rail at $1 53 afloat.
Corn has come forward freely by rail, and prime new mixed
sold in the first half of the week as low as 82c., but with a revival
of export demand, and the Liverpool quotation advanced 3d ; the
close is very active at 83@83^c. for new mixed, afloat. Oats have
been active and higher, but to-day the market was dull, and part
of the late advance was lost.
Rye remains quiet and unchanged
Barley has sold quite freely, but at the close the demand seemed
to have subsided fpr the present.
Canada Peas are unsettled and
nominal.
The
year:
Same date 1870-n
g’d fair—> r-G’d<fefair29
33
37
45
30
21
23
26
Mid. Fair. Good.
19
19
22
22
Ord. G.Ord.L.Mid.
6* 6*
.
Superfine
30
30
Extra State
Extra Weatern,
N.Orleans&Texas
The following are the prices
this date and since 1863 :
1870.
1868. 1869.
d.
Midland
Sea Island26
Upland.... 10*
d.
27
19
12
11*
d.
Mobile...10 3-16 12*
OrleanB...10* 12*
11*
11*
UK
11*
11 7-16
11*
11*
11*
12
of middling qualities of cotton at
1871.
d.
23
Midland
Pernambuco.
7*
Egyptian....
7 7-16
Broach
7*
Dhollerah....
11*
11*
Mid G.Mid. M.F
8*
8*
8*
7*
7 7-16 7*
8
7*
7 3-16
7*
6* 6*
6X 7,
Mobile
Mid. G.Mid.M.F.
7*
7*
Since the commencement of the year
tion and for export have been:
1868. 1869.
d.
d.
1870.
d.
9*
11*
9
10
11*
9*
8*
4*
8*
4*
9
9
....
on
1870,
bales.
American..
Brazilian...
29,180
200
bales.
46.370
4.660
Egyptian...
1,150
2,640
750
710
17,130
50,070
W. Indian..
E. Indian..
48,410
104,450
The following statement
for the week and year, and
.
evening last:
from
1869,
1871,
bales.
1870,
bales.
89 296
61,290
9,690
9,140
bales.
18,759
12,197
1,019
2,028
40,437
7,874
2,556
270
245
143,960
53,877
224,350
M53,848
Trade.
West Indian
East Indian
Total
tiou. Total.
61,290 61,300
1,910 ' 9,690
6,250
680
9,140
4,400
port.
6,160
Average
weekly sales.
1871
1870.
270
1,230
5,720 143,960
15,580
67,580
14,510 224,350
78,790
804,660
40
*
To this
date
1871.
To this
date
1870.
844,026
96,825
96,635
307,918
88,543
11,142
20,699
117,086
128 268
1,176,186
itaerican
Brazilian
106,040
Egyptian
9,066
1,829
150
Total.
This
1870.
day.
10,659
61,965
1,655,991
390,564
191,737
84,720
902,139
535,239
3,252,282
56 899
-Stocks.Same
date
Dec. 31,
Im
1 to March 16
stocks, March 16.* .v;;;;;;;; *;;;;;
;;;;;;
1871.
,
Same
Since time Jan.
Jan. 1.
1. 1870.
in
Flour* Wheat.
bush.
bbls.
(1AB lhs.l (60 lbs )
Chicago..
...
-.
21,122
...
Milwaukee
Toledo
Detroit
7,329
27,283
24,635
21,493
16,850
124,040
107,119
123,850
238,353
118,148
431,716
221,880
153,591
421,881
231,012
338,007
Cleveland
St. Louis
9,283
6,260*
21,678
Totals
Previous week
71,262
Correspond’^ week, ’70.
70,831
92,468
69,496
40,546
46.092
“
’69
.
“
’68
.
“
’67
.
259,2 ,'1
250,820
100,203
101,383
Oats.
bush.
24,701
16,291
9,750
66,616
1,600
3,883
1,600
201,786
104,237
71,459
181,006
91,371
28,643
17.769
23,410
14,957
8,664
26,754
15,257
10,150
801116 extent at
4,820
94,960
39,760
20,550
Flour, bbls
180,550
804,500
294,970
378,720
416
3,208
77,166
11.862
6,326
7,648
28,836
7,032
53,800
4,993,277
6,652,056
2,198,813
6.305,275
2,094,024
358,461
192,826
4,220,540
2,548,060
1,227.147
372,306
140,857
1,439,594
316,854
134,480
11,929,862
8,508,910
14,438,014
1,441,736
Wheat
58,282
Corn
Oats
31,070
88,624
64,690
41,76i
34,697
Barley
Rye
818,625
374,982
Week
Week
Week
Week
10,395,076
years:
1870-71.
1869-70.
1868-69.
1867-68.
3,113,150
3,865,478
2,989,521
bushels. 29,229,493
31,605,407
15,956,177
8,618,935
4,272,508
970,410
29.406,824
18,871,081
15,145,860
2,567.574
1,916,089
26.273,913
16,847,568
10,804,261
4,243,475
1,115,631
62,340,428
61,423,437
67,907,428
61,131,667
;
grain, bushels
SHIPMENTS FROM
684,931
2,907,890
bbls.
1871
bales'
1,821,309
August 1, to and including Mar. 25, for four
Flour
1870.
bales.
1868.
3,822,454
6,114,885
Barley, bush
Rye, bush
grain, bush
1869.
! 812,609
Corn, bush
Oats, bush
Total
1870.
693,727
Wheat, bush
And from
1 to Mar.
:
1871.
1869.
bales.
$6 00(3)6 65 delivered, but the better grades held
f0 70 and upward, have had a slow sale. The demand for the
rovinces and the West Indies has not been so
pressing, and the I
ome trade have
done little more than supply immediate wants* *
Rye
bnsb.
’
6.769
quantities do not include St. Louis receipts.
Comparative Receipts at the same ports from Jan.
46,490
week, and prices have shown but little variation.
The receipts of Flour do not
increase, while the demand has
been general, without
developing much feature. For low shipping
extras there has been some
inquiry, and lines have been taken to
bush.
♦Estimated.
The comparative
25, inclusive, for four years
degree of activity in Flour and Grain the
Barley.
(56 lbs.) (S21b«.) (48 lbs ) (56 1*8
46,914
3,753
12,722
155,869
2,590
7,514
2,069
4,485
6,590
28j50
H89o
39,973
Corn.
bush.
19,640.410
12,297,248
1,729.869
1,280,227
CHICAGO, ST. LOUIS, MILWAUKEE, TOLEDO AND
CLEVELAND FOR WEEK ENDING MAR.
fair
Jan. 1.
sight and the movement of breadstuff’s to the latest mail dates :
23, 1871
Friday P. M., March 31, 1871.
a
Since
week.
....
109,710
BREADSTUFPS.
past
-1670.-
For the
..
Total
There has been
follows
as
19.286
30,255
470,434
Flour, bbls.. 52,525
678,885
597,515
351,121
C. meal, “
25,277
1,872
1,059
19,856
5,714
66,576
101,608
87,596
2,101,774
820,591 213,392 2,193,783
Wheat, bush 91,439
651,242
795,896
16,416
Corn,
“ 336,483 1,862,924
848,806 104,073
97,429
Rye,
“
1,707
1,309
6,709
9
15*,995
15,995
Barley, <fec “ 48,584
205,693
482,938
Oats
“
2,510
11,566
482,008
555,941
1,000
7,605
61,660
The following tables, prepared for The Chronicle by Mr. E
H. Walker, of the New iorK Produce Exchange, show the grain
111,070
87,630
82,419
1871.
For the
Since
week.
Jan. 1.
,
465,920
83,850
87,260
31,480
135,990
improvement took
have advanced £d to ^d per lb. The
the particulars of imports, deliveries and stocks :
January
1 20®
-EXPORTS PROM NEW YOPK.
RECEIPTS AT NEW YORK.
-For the
week.
00®
1
3
,
90®
.
Malt
1870.
For arrival, pr:ce3
are
Rye
7 50® 9 25 Oats
5 85® 6 40 Barley
1870.
Of the present stock of cotton in
Liverpool nearly 58 per cent
American against 37.50 per cent last
year.
Of Indian cotton the
proportion is nearly 17 per cent,
against 22 per cent.
London, March 18—The market opened heavily at rather lower
pnees, out toward the close of the week an
(mowing
82®
84®
84®
1 12®
64®
80® 4 45 Peas, Canada
The movement in breadstuff's at this market has been
54,710 47,940
is
Place.
Corn, Western Mix’d,....
15® 9 00 Yellow, new
White
6 85® 7 25
Western and
..
717,130
,
6
trade and
family brands
Rye Flour, super & extra
658,430
3,720
1,200
8,620
This
week
Total
1870.
year.
Imports.
West Indian..
East Indian...
447,300
495,570 807,040 36,300 22,220
41,420
86,770
3,150
6,390
49,590
35,610
4,320
3,780
12,420
12,400
940
1,030
204,890 266,020
9,910 14,610
4,240
Egyptian
7.900
12.480
1 55® 1 60
1
1 68
1 65®
1 75®
RECEIPTS AT LAKE PORTS FOR THE WEEK ENDING MAR.
74,440
,
Brazilian
142,700
48,060
shows the sales and imports of cotton
also the stocks on hand on Thursday
BALES, ETC., OP ALL DESCRIPTIONS.
Sales this week.
Total
Same
Ex- Speculathis
period
American..bales.39,800
U.K. in
1870.
bales.
com¬
Southern,
Corn Meal,
Southern
$1 45® 1 61
Wheat, Spring, bush
Red Winter
Amber do
6 60® 6 80
White
6 50® 6 80 White California
$ bbl. $6 00® 6 45
mon
6
Actual
the closing quotations:
are
Extra and double extra
Western & St. Louis..
Southern shipp’g extras.
7?,<
Liv., Hull & other exp11 from
spec, to this date—,
1871,
d.
the transactions on specula¬
Actual exp.
-Taken
1871.
following
Flonr—
•
Uplands
409
THE CHRONICLE.
1,1871.]
April
25, 1871.
Flour,
Wheat,
Corn,
bbls.
bush.
Oats,
bush.
bush.
ending Mar. 25, ’71.60,100
72,791
57,913
161,653
521,739
30,114
ending Mar. 18, ’71.61,827
255,276
44,980
ending Mar. 26, ’70.63,493
133,094
37,787
ending Mar. 26, ’69.87,975
76,631 247,110
59,915
Comparative Shipments of flour and grain from
Barley,
Rye,
bush.
bush
10,690
30,373
12,809
4,964
1,785
13,850
26,961
14,644
the ports of
Chicago, St. Louis, Milwaukee, Toledo and Cleveland, from Jan.
1 to Mar. 25, inclusive, for four years:
Flour
bbls.
Con?...............”...U8...
1871.
1870.
605,132
758,872
1,043,547
1,253,461
1,609,134
1,446,026
3,588,661
1869.
2,241,788
1868.
THE CHRONICLE.
40,985
401,554
143,061
67,071
734,212
209,183
321,619
4,810,081
3,474,281
5,152,828
495,111
206,727
Total
COFFEE.
We find few if any really new features on this market for the
current w
the volume of business still footing up quite small, and the
whole positt
very dull and uninteresting.
Few buyers have made their appearance
143,550
154,594
549,255 126,476
60,343
434
The Visible Supply of Grain, including stocks in store at
the principal points of accumulation, March 25,
Oats.
Corn,
Barley.
Wheat,
Total
1871:
bush.
3,432,370 2,285,273
816,094
93,000
135,130
691,633
488,637
31,365
17,917
1,166,75)
In store at New York
8.0 K)
216,121
In store at Albany
In store at Buflalo
In store at Chicago
In store at Milwaukee
In store at Toledo
In store at Detroit
♦Id store at
2,63 ',902
45',238
157.35 )
4. 50
Mar. 15.
Mar. 15.
“
72.9-14
151,158
6,106
23.420
18^45
69,710
40,032
17,100
50,000
100,000
20,000
40,000
50,000
50,000
72,791
521,739
30,114
Mar.18,’71. 8,810,121
Mar.26,’70. 9,874.191
Mar. 11,’71. 9,824.077
Mar. 4, ’71.10.030,203
“
38.679
76.888
19,039
6,274
1*26,038
249,373
Total in etore and in transitMar.25,’71.. 8,868,455
‘‘
'
6 V'76
Rail shipments for week
“
154,646
19,000
125,000
Oswego....
In store at St. Louis
In Store at Boston
In store at Toronto
In store at Montreal
♦In store at Philadelphia
♦In store at Baltimore
bush.
bush.
bush.
243,851
76,000
94,700
2)7,657
15,573
4,034
2.941
25,000
4,117
11,501
132,989
1,500
30,000
12,000
10,690
916,553
3,830,797 2,144.502
3,929,619 2,423,323 1,030,627
476,932
1,448,368 2,265,870
4.148,245 2,613,5*2 1,164,017
4.345,985 2,718.720 1,337,818
no
cause
some
a
Chicago 191,740 bushels of wheat, and 754,668 bushels of
oorn, about two-thirds of which were included in the stocks as noted above.
In tue total visible supply March 26, 1870. Toronto, Montreal, Philadel¬
phia. Baltimore, Oswego and Boston were not included. Comparing the stock
of wheat reported iu store in Milwaukee on the 25th inst. and that of the 18th,
there was evidently an error at the earlier date.
It was, however, given as
published in the Daily Wisconsin.
were
afloat at
about
of
absence of
ar>
considerable increase for many weeks to come.
a
fair one,
a
Phila-
New
In Bags.
Stock
Same date 1870
Imports
“
York,
37,712
.
17,556
3,668
31,342
•» ota
186,211
in 1370
7,218
week,
1.- tv
»
.
i
were as
Coffee, Rio....
Java....—
Maracaibo..
i?;
> f
4*
*
follows
Tea,black....* 6 203 pkgs.
Green
8,7iu pkgs.
Japan
2,857 p-es.
Various
*-'v
very
1,875
pkgs.
8,486 bags.
1,554 mats.
1.405 bags.
:
..
1,239 bogs.
Sugar, Cuba..
2,716 btes.
La;guayra
',148 bigs.
Other
Cuba
Porto Rico
580*1111(18.
blids.
189*hhds.
*Hhds. Include bbls. and tcs. reduced
5.297 hhds.
1.053 hhds.
1,6*7 lihds.
Other
Port > Rico.
Demeraia..
Other
Imports this week at this port have included 5,000 bags Rio
of Sugar
of^ Brazil
Sugar. There have been no arrivals of Tea.
The stocks in New York at date, and imports at the five leading
ports since Jan. 1, 1871, are as follows :
Coffee, and 4,859 grass mats of Singapore. The receipts
and Molasses have been liberal, and include 3,377 bags
Stocks in X ew York
atd Ate.
1870.
1871.
rvfr
Tea
(indirect import j
Coffee, Rio
Coffee, other
Sugar
Sugar
Molasses
1871.
lt)6.
21,097,813
8,145
17,456,338
13,153
37.712
17,566
430.2S3
356 344
bags.
boxes.
hhds.
13,533
18,763
36.966
93,601
66,526
303,315
20,490
146,742
104,1]8
113,780
100,277
112,930
100.842
254,416
83,686
26,252
205.842
9,818
228,426
61,656
TEA.
There has been
r“-
change in this market, either for the betterjor the worse,
that we can discover, a few invoices selling, as the necessities of buyers
forced them to operate, but business throughout dragging, and values, for
want of some direct influence, remaining at about the former range.
Jobbers,
very naturally, will not commence handling stock with any freedom until they
can see some chance of selling it again, and this chance, just at the moment,
appears remote, as interior buyers are extremely chary of their orders, both
personal and by mail. The supply offering is, on the whole, quite liberal, and
the assortment first class on all grades, though some of the leading holders
refuse to offer their samples for the present. Sales of 11,606 Greens, 2,780
Oolongs, and 2,750 Japans.
There have been no imports of Tea during the week past.
The following taule shows the Imports of Tea into the United States (not
Including San Francisco), from January 1 to date, in 1871 and lb70:
1871
1870
no
Black.
Green.
6.629,569
8,391,602
10,073.970
4,389,274
7,073,226
2,402,911
Japan.
Total.
21,097,813
17,867,738
The indirect importations, including receipts by P. M. Steamers via Aspinwall. have been 8,145 pkgs. since January 1, against 12,864 last year. During
the week past 582 packages have also been received by rail.
Tn»-oi
....
oi oxr*
24.870
14,300
3.000
w*?,V
af™.
W'M
S86$l
In bags
Java and
Boston
stocli. Import. import.
*26,664 *26,175
t 197
_
Singapore
3,COO
Ceylon
Maracaibo
1,034
380
Laguayra
St. Domingo
Other
Total
Same time, 1870
•
•
•
•
Phlladel. Balt. N. Orle’s
Import. Import, import
1j962
*
*
*
....
*
*
‘
••••
1 *
....
!!
0 0.
C.&
8
®
5,089
5,00i
6 786
«5S
164
8,763
25,993
27,408
34S21
542
714
13,588
91,941
30,033
8,277
15
19,763
84,465
12,562
900
3,218
to bags.
Includes mats, &c., reduced to
15
233
271
HS
504
32
144^1S
100,277
*>
c*
t Also, 85,093 mate.
SUGAR.
quite so sharp and quick as last week
continuous, some few days showing rather a quiet tone, hut the market
has gained rather than lost tone, and most of the transactions were at a
slightly higher range of values. The small receipts and scarcely any parcels
offering from wharf, and the goods in store displayed with moderation have
given holders a great advantage iu maintaining their position, and some have
assumed quite an indifferent tone about operating, especially as refiners were
securing a good margin between the price of the raw and manufactured Sugar.
There could not, however, be said to prevail any decided buoyancy, and at no
time did we hear complaints from buyers of their inability to secure about all
the goods required, while evidences were not wanting that many sellers con¬
sidered the safest plan to accept all full aids as soon as made. The receipts
now certainly are small, but a change of wind '-for a few days may make a
great difference in this respect, while nearly all the refiners have not only
bought freely but some to the full extent of their storage room, and finding the
refined article already selling with less freedom, are inclined to move with
greater caution in making purchases. Old and new crops now sell closely
together, with fined cured lots of the latter frequently commanding the higher
figure. Refined have sold irregularly, but without much activity in the aggre •
gate, and values rather favored the buyer, the production of some grades ex¬
ceeding the outlet and stocks accumulating. Sales of 5,787 hhds. Cuba; 1,215
do. Porto Rico; 200 do. Demerara ; 250 do. English Island, &c.; 300 hhds.
Martinique; 40,527 bags Manila, on spot, and about 40,000 to arrive; 2,850
boxes Havana, and 1,127 hhds. Melado.
Imports at New York, and stock in first hands, Mar. 30, were as follows:
The demand for Raws has not been
and less
Cuba,
Cuba,
bxs.
5.183
*hhds.
since Jan. 1
59,246
39.957
time.NO
71,185
52,555
Imports this week...
“
“
same
Stock in first hands..
Same time 1870
••
“
6,915
S6.966
83,584
42,083
1869
P. RiCO,
*hhds.
989
2,568
3.C23
Other
*hhds.
692
13,577
7,407
Brazil,Manila,&c,Melado
hhds.
bags.
S,8<7
19,762
43,690
bags.
127,406
79,859
26,252
205.842
66,596
33,044
344,455
1.725
16,989
2.491
38S
398
54,096
1870.
pkgs.
bags.
bags.
hhds.
Sugar
Imports at leading ports
since January 1.
4.260
....
83,445
57,327
125,539
Galveston
10.642
qq aak
iox koq
.....
March 31, 1871.
fair movement in Sugars, but aside from
this the market for Groceries throughout the week was in a most
decidedly flat condition and the majority of goods so very dull as
to reach an almost entirely nominal state on values.
The cause is
to be traced to the continued delay in the development of the
interior demand and consequent indifference on the part of job¬
bers about stocking up until they can see an outlet for their goods.
Speculation does not appear to be thought of and movements are
now based entirely upon the legitimate law of supply and demand^
every day showing an extreme spirit of caution among all opera¬
tors.
The stocks of goods now accumulated here are, as a rule,
fair, but in only one or two cases can be called large.
The entries direct lor consumption, and the withdrawals from
bond, showing together tho total thrown on the market for the
a
Savan. &
17,349
16,000
....
ioc on
New
Balti-
delphia. more. Orleans. Mobile,
122.170
159,472
3,045
Of other sorts the stock at New York, March 30, and the Imports at the several
ports since January 1,1871, were as follows:
*
There has been
The assortment of Bio
though the desirable roasting grades are comparatively
scarce, and held with rather the greatest firmness.
There have been some
negotiations on Java, both here and at Boston, but not to amount to mnch
business.
The West India styles have scarcely been noticed beyond an
occa
sional small lot taken to keep up assortments, and prices in reality are
merely
nominal, though former figures are still retained. The stocks are moderate
Sales here of 1,000 bags Rio, 4,408 mats Singapore, 2,100 bags Maracaibo
250 bags Costa Rica, 325 bags Savanilla. At Baltimore, 5,014 bags Rio at
Mobile, 1,290 bags do., and at New Orleans, 11,900 do.
There have been no arrivals of Rio Coffee during the week. Of other kinds
the imports have included 4,859 bags of Singapore Coffee by the “W A
Farnsworth.” and 237 bags of sundrylands.
* *
The stock of Rio March 30, and the imports since Jan. 1,1871, are as followu-
here is
GROCERIES.
Friday Evening,
complaint
On Brazils there is the old
margins on goods laid down here at present prices
and in addition to this, holders have obtained further confidence from the
tenor
of later advices from Rio Janeiro, while the stocks are considered as
not of
sufficient magnitude to cause any trouble, and there is said to he no possibilit
though importers talk quite differently.
r-New York-*
♦Estimated.
There
?
°D
the interior, and the mail orders amount to almost nothing, and
jobbers th™151fore, are naturally unwilling to purchase stocks for which they have
^
especially as supplies in first hands are in the meantime accumulating aom6'
what, and the chances are that the assortment may ultimately increase to*
sufficient extent to
desire to realize and
modification in value8
f
RECEIPTS OP FLOUR AND GRAIN AT SEABOARD PORTS FOR THE
WEEK ENDING MARCH 25, 1871.
Barley,
»ye,
Oats,
Corn,
Flour.
Wheat,
bush.
bush.
bush.
bush.
bush.
At
bbls.
31,250
51,445
Now York
278,760
99,99-1
47,966
434
5,693
17,345
Boston
23,500
16,890
400
1,564
Montreal
2,498
23,000
22,800
29.600
36,100
Philadelphia
19,078
18,000
61,000
Baltimore
25,000
19,972
15,322
159,295
New Orleans
37,146
Ul f
[April 1,1871.
MOLASSES.
once more to advise a dull and unchanged market for foreign good*
general way, the demand prevailing being spasmodic and uncertain, and
buyers requiring every attention imaginable to induce them to operate. The
distillers now and then take an odd parcel of old crop if it is offered cheap
enough, but as a rule are indifferent. Refiners can be found in the market
every day, but their purchases are small, as direct receipts have of late
increased somewhat, with a corresponding addition to their wants, while the
Trade, though taking a little more within one day or two, arc far from anxious,
and must be treated with liberally. On choice parcels of grocery stock and
high testing boiling cargoes prices are reasonably steady, but poorer qualities
weak and unsettled.
Domestic has been so plenty this season that the
Trade are becoming tired of it, and the market is slow, with prices on a
except the fancy grades reduced somewhat. Sugar house Molasses dull and
lower (18c hhds. and 22c bbls.) under a larger offering. For Syrups the deman
is moderate and prices steady.
Sales of 650 hhds. Cuba Muscovado, 955 hhds.
Porto Rico, 88 hhds. St. Croix, 115 hhds. Barbadoes and 400 bbls. New Orleans.
The receipts at New York, and stock in first hands, Mar. 30, were as follows.
We have
in
a
Cuba,
*hhds.
8,624
imports this week
**
Since Jan. I
same time 1870
“
Stock in first hands
*•
“
same
same
.
27,592
24,483
8,614
P. Rico,
*hhds.
l ,350
8.765
3,176
608
2,890
time *70 15,849
time *66669
Other
*hhd«
Demerara,
•hhds.
70
707
1,343
1,173
85
2,432
566 *
2,251
658
N.O.
bbls
75
81,596
1C.0U
8,500
501
mwrns
411
THE CHRONICLE.
April 1,1871J
Knrrnr Ar molasses at leading; port* since Jan. 1. I Owing to better news from abroad the market closes very firm at 10*©10*' n'
imports ol sugar dciTioia..®.
forcurrent No. 12, fit for the United States and Northern ‘Europe, while crystal*“*,
ized
sort sjsuitable
Spanish
and Mediterranean
are of 10* ra.
The imports of sugar (including Melado). and of Molasses at the leading ports
markets
froml0*®10%
quotations
rs. for
Ourthe
to-day’s
are calcnlated
on the basis
for good strong No. 12. The sales which have been reported during the week
from January 1,1871, to date, have been as follows:
es.
amount to about 19,000 boxes of all kinds, against 12,000 boxes last week.
-Sugar.,#
de.-*Hhds.Bags.
-Boxes.
Shipments this week from Havana and Matanxaa have been as follows:
1870.
1871.
1870.
1871.
1870.
1871.
1870.
..
.
,
paid for at
J
fsw
1871.
59 246
York.
5,064
12.054
wS,mk
12,9X2
ladelphla
ew
10.262
8,989
10.351
6,482
_timore....
Orleans
128,549
49,598
i«,900
17,596
147,268
63,821
70,695
12,795
9,933
19,498
75,561
32,120
87,567
11,471
11.858
10,023
15,594
6,185
17,015
6,504
61
46
811
82,454
14,084
24,844
8,946
8,858
81.891
207,648
228,426
104.118 112,930 113,739
—nnclndlng tierces and barrels reduced to hhds.
ToUl
61,656
83,636
scarcely any market worth reporting at present, either in a wholesale
01 retail way, the movement being confined to very small parcels, absolutely
aired by purchasers for their immediate wants. The stocks are moderate
1
a rule not well assorted and receiving few additions, and holders as a connence'retain a fair amount of faith, but prices for the time being are not
remarkably strong, and a first-class buyer can obtain many small favors.
Importers report that all recent advices from the points of production are of a
itimulating nature, but have no effect upon our market in the absence of a
demand.
FRUITS. &c.
The market
of our last has shown rather more activity and
since the date
The
week to all countries
general movement at both ports has been as follows:
decline noted then. The movement in Layer Raisins is small
and confined to the jobbing wants of the trade, who buy only enough to carry
them along from day to day. Holders, generally, are firm, and good brands
cannot be bought below $2 77Sardines declined early in the week, which
caused a movement, and prices reacted again, closing about steady, as quoted
in our last. Currants have ruled rather quiet but easy. Prunes favor the
buyer and are slow of sale. All kinds of Nuts are quiet, but Almonds are
held with confidence. Brazils sell in a small way at 10c. Walnuts are steady
but slow of sale. Fire Crackers are active.
Mediterranean box fruit has sold less freely this week, but sound stock has
bronghtfair prices. The large supply of Mediterranean has forced the price
of West India down, and $8 per bbl. is the price of Porto Rico Oranges.
Baracoa Cocoannts sell fairly at former prices. Bananas are in moderate
request at fair prices. The first lot of Pine Apples arrived since our last and
gold at $25 per 100. At the auction sale to-day Messina Oranges sold at
$2 85@4 00 per box; do. Lemons $3 80©3 90 ; Naples Oranges $2 10©2 90, and
1870
1869
6,:-85
4,628
66,927
60,930
97.71S
127,583
: 33,639
188,537
29,772
$2 50©2 60.
The market for Dried Apples is dull, and buyers are exerting themselves to
force down prices; holders are generally unwilling to accept lower rates, but
do. Lemons
Nov.
Dec.
Oct.
Jan.
28. .E. A. Oliver.
31..Aberdeen
24. .Bunker Hill
20. .Golden Fleece.
“
“
“
ADVICES FROM PRODUCING MARKETS.
China ports are at hand, dating as follows:
Tea .-Mail advices from all the
Shanghae, February 11.—A business during the past month had been done
to the extent of 31,000 half chests, reducing the stock to 20,000 half chests,
couposed of inferior quality. The quantity of Tea yet to come from the
co intry is unknown, but it is confidently expected that the total season’s sup¬
ply will fall below last year’s by fully 4,000,000.
Amoy.—The season is closed, no settlements and no stock.
r
Foochow, January 31.—For the month an active business had been done,
both in Congous and Oolongs, with firm prices, which reduced the stock of
both descriptions, leaving only undesirable Teas on offer, for which holders
ars asking a relative advance over the rates of recent transactions.
Oolongs
In stock amount to about 13,000 half chests.
Yokohama, February 22.—Transactions in Japan Teas for the month past
amounted to 10,000 piculs, showing a fair business, and causing an advance in
price of $l@f2 $ picul. Stock now on offer about 6,500 piculs.
The following shows the quantity of Tea afloat for the United States at latest
dates (not including San Francisco), and which has not yet arrived:
—CARGO.-
Date of
C&.1SW
9.....
Name of
71.
Vessel.
Belle
,
.
Jan.
.
.
Nellie Abhott..
J.Shepard
King Fisher
Jan. 14
H
Orpheus
Maori
Jas.S. Stone
G. T.
Ada
Ray
.
.Whamjpoa..
...
..
1?
TnS* ni
5
Foochow
•
....
.Whampoa..,
•
.
....
—
Solent
Yokohama...
Hong Kong..
lbs.
224,831
<
486,583
696,523
485,583
621,394
696,523
621,394
05,740
66,838
59.8,740
855,927
•
•
•
•
•
,
7,960
772,279
330,027
....
.
“
•
106,944
.
.Yokohama..
•
788,225
503,579
371.585
•
•
•
355,927
1,117,820
114,904
172,279
350,07:-.
788,225
508,579
371.585
617 819
518,870
36,400
288,145
805,522
Total known to be afloat
5,818,618
Tota exports to U.S.
ports, June 1 to Feb.7..13,668,131
Total exports to U. S. ports, same time.1869.. .11,895,017
Total.
lbs.
Japan.
66.&S8
•
Yokohama...
“
...
Compe itor
Randers
•
1,117,820
,
Royal Minstrel—
Coulnakyle
•
528,000
.
•
.
Carnarvonshire....
•J®0, 27
&*?• 31....;
.
...Hong Kong.
...Yokohama..
Glamorganshire...
"“•IS
•
• <
..
Green,
lbs.
224,831
.
ii
Annie Gray
Levi Stevens
Belted Will
8
Jan. 9....,
Jan. 10....
Jan. 15
fet)>
From.
.
.
,
?ec. 28.
Black.
lbs.
2,619,749
617,819
518,870
86,400
288,145
805,522
3,628,145 12.126,242
16,628,059 8,792,099 39,C88,289
15,371,873 6,021,206 33,288,096
Coffee.—Messrs.yWright & Co.’s telegram, dated Rio Janeiro, March
*
1871, says;
<>
Coffe? for United StateB since March4
pnipments “
“
“
Loading
Stock
“
:
*
at
date
Exchange, 24*d.
tac
rns
DQ
«o n
“
45,000
72,000
Sugar,—Havana. March 24.—The enquiry has been fair throughout
might have been of more importance
l^e 8,11116 rauses alluded to in several of our previous reviews, as diffi-
week and the transact ions effected
rninDOt
M
30,000 bags.
^K^ding holders and buyers to agree upon prices, scantness of staple
e Ascriptions for certain markets, checked buyers desires to operate
prevented them to extend their purchases so
far as they felt disposed to.
27,879
30,295
YEARS PAST.
Holland.
i Picul®.
United States.
Piculs.
56,166
108,037
48,418
76,859
1(4,683
1869
1868
1867
72.712
57,147
1866::......
63.705
...
CURRENT.
PRICES
Tlie
On
Following ar© Ruling Quotations In First Hand*
tli© Purchase of Small Lots Prices ar© a Fraction
Hlgliei •
Tea.
-Dnty paid-* j
Ex. flne'to finest—
do
do
65 © 75
85 @1 00
@1 50
Ex. fine to flnest.l 15
Com. to lair.,
55 @ 60
Sup’r to fine...
Ex. 1. to finest.
Oolong, Common to lair,...
do
Superior to fine....
do
Ex tine to finest—
Bone. & Cong., Com to fair,
Sup’r to fine,
do
do
Ex. f. to finest.
do
do
©130
Ex. fine to fmestl 05
do
,-Duty paid-*
II.Sk.&Tw’kyEx.i.to fln’st
Uncol. Japan.
@1 15
85
Coffe©.
Peanuts have ruled less
Apples are slow, except choice kinds. They are rotting
badly, and sound selected sell at $4®$4 50 per barrel. Cranberries are in good
supply for this season of the year, and meet with a small demand; sales of the
best at $3 50 per crate in a jobbing way, fair at $2@$2 50 per crate.
60,657
,
EXPORT FOK FOUr.
Hyson Sk. & Tw C. to fair. 40 © 45
do
do
Sup. to fine. 48 © 52
firm.
1870.
Piculs.
Sugar.—Advices to January 12 report the total ex¬
port of Coffee from Padang for 1871, was, to United States, 90,553 piculs; to
Holland. 22,656 piculs. At the Gov’t sale, December 30, 56.400 piculs No. 1
were disposed of at /34.20.
50 @ 55
60 © 90
Domestic Green
101,385
Java Coffee and
45 @ 55
60 @ 75
active this week; neither buyers nor sellers seem anx¬
much, and the market is not quotably changed in price. Pecans
lbs,)
1871.
Piculs.
Total piculs (of 139
Exports since January l, to United States
Europe
Prime pitted Cherries are steady and in demand, but
sugared and wet sell at 2©3c. per pound less. Plums are steady, but quiet.
Pec.
.Ship.
5,600
26,254
Gunp. & Imp., Com to fair.
do
Sup. to line..
are
Piculs
For. (139 lbs.)
Jan. 9. .Chattanooga.. .New York.12,000
“
“
16,003
8,400 Jan. 2L.Monti i osa
“
6,400
“
19,000 Jan. 28. .Kildonan
Blackberries move slowly, but are held at full prices.
ious to do
18,147
Piculs
For. (139 lbs.)
New York.11,678
Ship.
Nov. 27. .Glenlyon
Hy6on, Common to fair
do
Superior to fine....
fairly at easy prices.
23,817
I ]ag^ advices, aifd which has'not yet arriveif:
Pared Peaches are firm, but the high prices asked for them checks their sale.
We note one lot of 1,800 pounds Eastern Shore sold at 26c. Raspberries sell
the market.
89i,540
207,869
Manila Sugar.—Market reports to February 1, advise a good business
having been done at an advance in prices. Total settlements for fortnight were
set down at 25,000 piculs at $5 for superior, and $5 50© *5 75 for extra, though
at the close the demand at these rates seemed filled and the market was
weaker. Nothing done in Brewn and no Taal arrived.
The following shows the quantity of Sugar afloat for the United States at
Young Hyson, Com. to fair.
do
Super, to fine.
ence on
S6.370
49,244
34,207
226,c 80
897,061
401,537
136,461
in the buyer’s favor.
A lot of some size has been sold
for export, but the quantity and kind is kept a secret, lest it should have influ
the advantage seems
-Stock at date.-N
Boxes.
Hbd®.
284 9 5
22,695
To all Ports.-*
Boxes.
Hhds.
To U. S,
Boxes.
Hhds.
,-Rec’ts this week
Boxes.
Hhds.
63,546
4,763
at the
firmness
4,716
.
1871
is
There
.•10,528
.
Exports since January 1
SPICES.
°
683
100
440
440
.
Total export oi the
100,342
Hbd®.
3786
Boxes.
.13 546
428
1*2
To
New York
Rio Prime, duty
do good
do lair
do ordinary
paid
@10* I Native Ceylon
@15* I Maracaibo
@14* J Laguayra
go’d. 16
gold. 15
gold. 14
Java, mats
and bags
“
gold. IS ©13^ St Domingo, in
gold. 18 ©20 I Jamaica
20
Brown
Hav’a, Box,D.
do
do
do
do
do
do
gold.
18
gOid.
bond—gold.
14*@16*
10 ©in*
@15*
1
Sugar.
Hav’a, Box, D.S. Nos. 19 to 20.. 12*@I2*'
Havana, Box, white
11X@123(
Porto Rico, refining grades...
S%© 9*
do
grocery
Brazil, bags
Manila, bags
4 @7
79f@ 9*
8*@ 9*
9*@ 9*
Melado
mo,asses
15 *@17
14 @15*
@22
Cuba, inf. to com. refining— 8*@ 8V
do fair to good refining.... 9 @9*
do prime
.© 9*
do fair to good groc ery.... 9*@ 9*
do pr. to choice grocery... 10 @10*
do centrifugal, hhds. &bxs. 9*@103£
do
do
gold.
gold.
Nos. 7 to 9...
do 10 to 12..
do 18 to 15.. 10*@10*
do 16 to 18.. 11 *@12
.
I
grades.... 9*@10*
8 © 9*
8 © 9
White Sugars, A
do
B
do
do
do
extra C
Yellow sugars
Crushed and granulated
@U*
@11*
1P*@11*
12*@18
12*@1S
Powdered
Molasses.
TP gall.
New Orleans new
Porto Rico
Cuba Muscovado
70 Cuba Clayed
60 Cuba centrifugal
40 English Islands
40©
40©
25©
85
25
10
21©
-
2 ’©
25©
Rice.
S*'r?8*
Radgoon, dressed, gold in bond S*@ 3* | Carolina (new)
Spiles.
ft. 32 © 82* i Pepper, in bond....(gold)
Cassia, in cases...gold
Cassia, in mats...
do
Ginger, Race and At (gold)
Mace
do
Nutmegs, casks
do
cases Penang....
82
©
S2*
i
8*@ 10*
—@1 15
82 @ SS
84 © 85
& Sumatra
Singapore
8
Pimento, Jamaica.... (gold)
do
do
in bond
Cloves
do
do
in bond....
do
ao
11
1«
©
@
8X@
12*@
7*@
iiS
12*
7*
Fruits and Nuts.
| Brazil Nuts
10 @
Raisins,Seedless,new
mat-5 75 ©
Filberts, Sicily
10*@
do
Laver, 1870, TR box.2 75 @2 80
do
Sultana, TR lb
16*@
,
do
Barcelona
9*@
I African Peanuts.. <
175 ©
do
Valencia, TR lb
12 @
Walnuts, Bordeaux..
10*@
do
London Layer
3 50 @
Macaixtnl, Italian
12 ©
Currants, new
$ D>. 9*@
! Fire Crack, best No 1 TR bo>2 45 @
Citron, Leghorn
© 41
DOMESTIC DRIED FRUITS.
Prunes, Turkish, old
©
Prunes, Turkish, new
10*@ ii* Apples, State
TP lb. ‘ ....®
6*@
do
Western
Prnnclles
19 @
do
Southern, common
4 <.<j
9 @
Dates..,.
do
5*@
prime
^ lb. 12 © 18
Pigs. Smyrna
do
sliced
8 ©
8
7 @
Cherries German
Peaches, pared
15 &
Canton Ginger
9 00@ . 19
do
unpared, qrs & hlvr 10 ©
1S*@
Almonds, Languedoc
Blackberries
IS &
do
Tarragona
20 @
do
Ivica
13 @ is* Cherries pitted
2) &
TR lb. 16 ©
do ’
Sicily, soft shell
© 15* Pecan Nuts
TR bush 2 40 @2
Hickory Nuts
do
Shelled. Spanish
@ 32
ri @3
Peanuts, Va,g’d to fncy do 29 75
do
paper shell
81 @
do
com.tofairdo 1 75 @2
Sardines
V hf. box. 82 @
2
25
19
do
WlL.g’dtobest
do
Sardine®
TR qr, box. 18*@
10*
.
18
10
23
12
14
•••
18
75
25
50
40
Grocers’ Drugs and Sundries.
Alum
Bl-Carb, Soda (Eng.)
Borax
Sal Soda,
Cask
Sulphur
Saltpetre
Copperas....
Camphor, in bbls
Cartlle Soap®,..,.
8*@
4*@
80
©
3*
4*
31
1*@ 2
S*@
8 @ 15
i*@ ....
70 © 78
11 © 12*
EngomSaU*
Sic. Licorice
...fik
20
12
@
©
@
8*
16
12
14
Calabra
Madder
gold.
Indigo, Madras
gold 1 15 @1 25
do
gold.
Manilla.
Cordage,Manilla, * and
do
Sisal
do
Large size®.
*
80 ^1 12*
19*@
19 @
—
....
....
THE
412
CHRONICLE.
Beown Sheetings
THE DRY GOODS TRADE.
81. 1871
There has been
no
important change in the trade since our last
as at
that time.
much the same
nearly all cotton
Prices have been declining on
complete the revision begun earlier in the month, and
more settled at the close, though there are still sev¬
eral makes of different goods which are yet to be marked down.
The trade has been more evenly distributed among the large and
small jobbing houses, and the latter are doing a more satisfactory
business.
The aggregate distribution continues considerably in
excess of that of the same period last year, and jobbers generally
express satisfaction with the season’s business, thus far.
The
Western and near-by trade are well represented in the market*
and are buying with fair freedom, though purchasers, as the rule,
display marked caution, and few large lots are placed. There are
very few small Southern buyers in the market, as these dealers
are purchasing
comparatively small amounts, and are buying
mostly on mail orders. Large Southern dealers are also limiting
fabrics to
the market is
their purchases to such amounts as will meet their requirements
during the early part of the season, but the aggregate movements
to this section are fair, and the cautiousness
displayed by buyers
is considered a very favorable feature by dealers here. Collections
are easy in most sections, and the trade
appears to be in a healthy
condition, with the prospects favorable for a satisfactory season’s
business and comparatively few losses.
Domestic Cotton Goods.—The demand for all classes of cot¬
goods suited to the current wants of the trade has been fair,
although individual purchases have been small, the aggregate
movement is very satisfactory.
Prices have been reduced in a
few makes of medium count brown and bleached goods, and
Lonsdales have also been marked down $c. This will, it is
thought, cause a decline in other makes of similar grades, which
are now held at 15$@16c., but as
yet no other changes have been
made. Prints are fairly firm, and are selling well, the supply of
desirable patterns in light work being unusually smalhfor this
season of the year.
Colored cottons are unsettled, but the list of
prices so far asjrevised is firm, while other quotations are chiefly
ton
and
nominal.
Domestic Woolen Goods.—The trade with agents has not
spirited since our last report, as jobbers generally^
been very
though doing
fair trade, do not find it necessary to canvas the
yet for. second purchases.
Light weight fancy cassi"
meres are
selling well, while jobbers and agents hold unusually
light stocks of all grades. Cloths sell fairly, but are not in very
active request either with agents or jobbers.
Quotations are
stiffly maintained, however, and there is no apparent prospect of
a break this season.
Heavy weight woolens are in better demand,
but the transactions remain light in
consequence of the high
prices at which the limited stock is held. Shawls and other light
wooolen fabrics are selling freely, and
prices are well sustained.
market
a
as
Foreign Goods—This department of the market is without
notable
change in any particular. Trade is fair, and in the aggre*
gate is considerably in excess of a corresponding period last year.
Dress
goods of British and Continental
makes
in
good demand,
and desirable effects are well sold
up. Prices are fully maintained,
and are advancing in the
European markets, but no change is
likely to occur here before the close of the season. The firm tone
is favorable for trade,
however, as buyers have more confidence in
the stability of the market and
purchases are liberal, though but
little in excess of the current
requirments of the trade. Prices
are too low to admit of much
profit to importers, in consequence
of the competition
among them, but in view of the increased
sales it is thought that the result of the season’s business
will be
fairly profitable. The same complaints of competition and low
prices are made in all departments of the foreign market, but with
this exception trade is in a
very satisfactory condition.
The exports of dry
goods for the past week, and since January
1, 1871, and the total for the same time in several
previous years
are shown in the
following table :
-FROM MEW
Total for the week....
fcince
375
January 1, 1871. 6,115
iaine time 1870
“
“
1869
*
“
1868
“
1867
“
1866
“
1860
We
annex
304,294
pkpn
10
502
536,790
679,224
357,729
148,882
1,346
1,&31
22.186
524
few
FROM ROSTOV
Dry Goods.
6,485
4,007
22.806
a
$31,351
FORK.-
3,536
1.148
143
manuiacture, our
Domestics.
pke*.
Val.
are
771
684
Domestics
Vai
pkirs.
$6,659
114,164
224,746
58,634
421,212
1,060
2,477
8,964
1,897
405,491
259,923
193
'
14.891
particulars of leading articles of domestic
prices quoted being those of leading Jobbers :
and
prices.
We
Bleached Sheetings
are more
Shirtings
are
in fair
liberal
as
annex
quotations which
demand with but
f
are,
Shirtings are in fair
request, and sales
revision of prices is completed.
gom
and
the
changes will be found in the annexed list: Amoskeag 46 16$,do 42
16, do A 86 16, American A 86 12$, Androscoggin L 86,151 Ark
wright WT 86 18, Ballou <b Son 86 18, Bartletts 86 14, do 88 18i
Bates XX 86 18, Blackstone AA 86 18$ Boott B 86
18$ do 0 30
10, do R 26 8$, Clarks 86 17$, Dwight D 40 18, Ellerton 10-4 45
Fruit of the Loom 86, 16 Globe 27 6$, Gold Medal 86 18, Great
Falla
Q 86 16$ Hill’i 8emp.Idem 86 16, Hope 86 13, James 86 16, Lons¬
dale 86 16,
Masonville 86 16, Newmarket 0 86 12$, New York Mihi
do 10-4 87$, Tuscarora XX 86 18 Utica
47$, do 10:4 62$, Waltham X 88 ’ll do
27$, do 9-4 82$. do 10-4 87$, Wamalitta
86 21 Peppersll 6-4 22$,
6-4 26 do 6-4 82$. do 9-4
42 16$, do 6-4 22$, do 8-4
86 20.
Printing Cloths are in moderate demand at 6$c. for 64x6U for im¬
mediate delivery, and o$@6$ for fabrics.
Prints are in good request and the stock is well reduced. Prices
are steady and unchanged
as follows: American 10, Albion solid 10$,
Allens 10, do pinks 11, purples 10$, Arnold 8$, Atlantic 5$,Dunnell>a*
10$. Hamilton 10$, London mourning 9$. Mallory pink 11$, do pur¬
ples 11. Manchester 10,al0$, Merrimac D 11, do W pink and purple 12$
do W
fancy 12. Oriental 10, Pacific 11, Richmond’s 10$, Simpson
Mourning 10, Sprague’s pink 11, do blue and White 10$, uo skirtings
9$, Wamsutta 7$.
Checks.—Caledonia 70 23, do 60 22$, do 12 26$, do 10 21,do 8 17,
doll 22,do 16 27$, Cumberland 18, Jos Greers, 65 16$, do 65 18
Kennebeck 20, Lanark, No. 2, 9$, Medford 18, Mech’s No. A 1 29.
Denims.—Amoskeag 26. Bedford 14$, Beaver Cr. A A 20, Columbian
heavy 24, Haymaker Bro. 12$, Manchester 20,Otis AXA 21,do BB 19,
Corset Jeans.—Amoskeag 11$@12, Androecoggin —, Bates 9. Eve¬
retts 13$, Indian Orchard Imp. 10, Laconia 11$, Newmarket 10.
Cotton Bags.—American $80 00, Great Falls A $86 00, Lewiston
$30, Ontario A $82 50, Stark A $35 00.
Brown Drills.—Atlantic 12$, Appleton 12$, Amsskeag 13,
Auguita
12$, Pacific 12$, Pepperell 13, Stark A 12$.
Stripes.—Albany 7$, Algoden 16$, American 11 @12, Amoskeag
18@19, Hamilton 18$@19$, Haymaker 1C$@11, Sheridau A9$,doG 10,
Uncasville A 12@13, Wbittenton A A 22$.
Tickings.—Albany 8$, American 14$, Amoskeag AC A 29, do
A 24, do B 20, do C 18. do D 16, Blackstone River 14$, Conestoga
extra 32 21, do do 36 25, Cordis AAA 28. do ACE 26, Hamilton 20,
Swift River 18$, Thorndike A 14, Whittendon A 25, York 80 21$.
Ginghams—Clyde. 11$; Earlston, extra, 18 ; Glasgow,13; Gloucester,
11$; Hadley, 14 ; Hampden, 15; Hartford, 12; Lancaster, U; Lanca¬
shire, 11$ ; Pequa, 12$; Pars Mills, 14; Quaker City,—.
Mousselink Delaines.—Pacific 18, Hamilton 18, Pacific Mills printed
armures 19, do Imperial
reps 22$, do aniline 20, do plain assorted
colored armures 18, do do Orientals 17, do do alpacas 21, do do
corded do 22$.
Carpets.—Lowell Company’s ingrain are quoted at 11 for super
fine, 2 mos. credit, or less 2 per cent., 10 days ; $1 15 for extra super,
and $1 42$ for three-ply ; Hartford Company’s $1 for medium super¬
fine ; $1 16 for superfine; $1 42$ for Imperial three-ply, and $1 60
for extra three-ply; Biussels $1 70 for 3 fr., $1 8) for 4 fr., and
.
$1 90 for 6 fr.
IMPORTATIONS OF DRY UG0D8 AT THE PORT OF NEW YORK,
The importations of dry goods at this port for the week ending
March 24, 1871, and the corresponding weeks of 1869 and 1870,
have been as follows :
ENTERED FOR CONSUMPTION FOR
THE
1669.
Vnlno.
Pkus.
WEEK
ENDING
MA&CH
lb70.
Pke'p.
Value
$413,*'56
374.521
480,147
1,447
238.039
958
$401,606
412.513
520,280
267,690
Miscellaneous drygoods 793
147,037
881
$1,653,050
4,830
Total
4,725
WITHDRAW*
FROM
WAREHOUSE
AND
24, 1' 71.
1871.
,
Manufactures of wool.. .1,091
do
cotton. 1,265
do
silk.... 662
do
flax.... 914
937
607
THROW*
value.
Pairs,
2.246
2,562
$951,807
758,488
1,536
1,147,810
1.546
384,634
228,262
1,587
467.607
$1,800,851
9A77
$3,710,346
INTO
THE market
during
THE SAKE PERIOD.
Manufacturers of wool..
do
cotton.
do
silk....
871
356
75
$280,462
142.335
28,764
9,022
60,378
$281,206
406
85,699
98,026
998
34,670
1,318
2,705
Addent’dforconsu’ptn 4,725
$633,726
1,653,050
8,522
4,830
f;74H,000
,800,351
Total th’n upon m’rk’t. 7,430
$2,286,776
8,852
$2,548,351
flax....
dov
Miscellaneous dry goods
Total
$319,050
776
606
185
833
778
611
122
693
,
96,281
154,917
140,059
150,311
152,301
176,269
11.871
$819,701
9,477
3,710,346
20,848 $4,530,047
VNTVBVD FOB WAREHOUSING DURING THE SAME PERIOD
118
1,831
in
in some inutan 6W
nominal.
I. Amoskeag A 86 12, do B 86 11$. Atlantic A 86 l»i dn
10$, do> H
H 86
86 12, Appleton A 86 12*.
11 £
«a ia
12$, Augusta 86 11.
do an
Bedford R 80 8, Boott O 84 9$, Commonwealth O 27 8
(4r»f<
A 27 8, Great Falls M 36 11 do S 88 9$, Indian Head
86 12iT?
10$, Indian Orchard, A 40 18, do C 36 10$, Laconia O 39 jg d p
37 11, Lawience A 36 11, Lyman O 86 10$, do E 8« 12
Medfnrd
11$, Nashua fine O 88 11$, do R 86 13, do E 40 14$ Newmarket a
36 10, Pacific extra 86 12, do L 36 11, Pepperell 7-4 22 A
do 5-4 or
do 9-4 27$, do 10-4 82$. do 11-4, 87$, Pepperell E fine 89
124 do ft
86 11$, Pocaeset F 80 8$. Saranac fine O 33 11$, do R
13 Stn w
A 86 12, Swift, River 86 8$, Tiger 27 8.
5 tar*
'"""i
changes
Friday, F. M., March
review, and the general features of the trade are
[April 1( 167J,
Manufacturers of wool..
do
cotton.
do
silk....
do
flax....
$235,345
48
66.645
280
260
47
*37
79,906
220
25,702
7,785
$520,216
1,653 050
8,592
$295,764
4,830
1,800,351
$2,173,200
13,422
$2,096,115
Miscellaneous dry good.
Total
1 ,771
Addent’dforconsu’ptn, 4 ,725
Total enter’d at
$90,195
661
412
theport 6, 496
1
2,618
70 085
49,594
54,140
31,750
898
580
218
474
$320,239
9,047
107,033
11,217
9,477
$915,379
3,710,346
147,811
250,212
90.081
20,694 $4,635,725
@FedFRASER