View original document

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

1

omnttrria
HUNT’S

MERCHANTS’

MAGAZINE,

%' Wje^HItj §U w 0 p a p e *,
REPRESENTING THE

INDUSTRIAL

VOL. 20

AND COMMERCIAL INTEREST!

SATURDAY. APRIL 10, 1875.
con T E M T 8

The Comptroller's M ir eh
of the B inks

Report

hon from Panics
7.
Mimici.o'l
Indebtedness
Rostriced by Law
Pork Packingand Prices of Ilog
THE

English News
015

j Commercial ui;i Miscellaneous
| Nows...
.

BANKERS’ GAZETTE.

3

Banks,

tailwi
Railway Stocks, Gold Market,
Foreign Exchange, New York

Local Securities
Investment and State,

Corporation Finances

THE COMMERCIAL
0 > ri norcial
C M.i.on
Bcaustuds

Epitome

359
3o3
351

etc

0notations of Sleeks and Bonds

City Banks, Boston Banks.
Philadelphia Banks. National

City and
355

TIMES.

359 I Dry Goods
Prices Current.

364

390
393

305

ket.
The

311) e € I) r o n t c U.
The Commercial

Financial Chronicle is issued onbatur-

and

•la.y morning, with the latest

news up

to midnight of Friday.

VIULMLH OF SUBSCRIPTION-PAYABLE IN
I'uk Commercial

s

Financial Chronicle,
lDscribers, and mailed to all others:
For One Year (including postage)
For Six Months
and

ADVANCE.

delivered by carrier to city
4,10 2)
6 1)

Subscriptions will bo continued until ordered stopped by a written order
at the publication office.
The Publishers cannot be responsible for Remit¬
tances unless uiaue by Drafts or Post-Ollice
Money Orders.
or

A dverllseineut*.

Loudon Office.
The London office of the Chronicle is at No. 5 Austin
Friars,
street, where subscriptions aie taken at the following rates:
Annual Subscription to the Chronicle
(including postage)
Six months’ subscription
John <a.

Old Broad

£2

2s,

1 3*.
WILLIAM B. DANA & CO., Publisher*,
79 and 81 William Street, NEW YORK.

dana,
|
floyd, jr. )

Post Office Box 4 592.
~

A

neat tile-cover is furnished at 50
cents; postage on the same is 20
Volumes bound for subscribers at $1 50.
0T A complete set of the Commercial and Financial Chronicle—.July:
1865, to date—is for sale at the office. Also one set of Hunt's Merchants’
Magazine, 1839 to 1871, sixty-three volumes.

Z&T* The Business Department of the Chronicle is represented among
Financi.d Interests in New York City by Mr. Fred. W. Jones.

Many attempts have been made in England, France
‘Germany, to estimate the aggregate capital, the
J

and

»

*

.

.

r

\

:

r

.5

•

if-#*

» > >

4' j

*,

•

•

deposits, and the cash reserves of the banks throughout
the country.
The simple method of requiring a quar¬
terly or weekly statement to be published by every bant
having not yet been1 universally adopted in any of these
oouiitries, great difficulty and expense attend the com¬
piling of such reports, which cannot, alter ail, be expected
to do more than
approach the truth. It was said to be
one of the
propositions of Sir R. Peel to carry a step
further his bank reforms of 1844 and 1845, so that they
should enforce

on

obligation of

all

the banks in

Great Britain the

weekly return of deposits ..and
reserves, which had so long been required, an<J nad with,
such populai- approval been
jmblrslied ifom the"Bank of
England. It is one of the conspicuous merits of our
same




a

NATIONAL

1873, TO MARCH, 1875.
1874,
1873,
1873,
,,
Liabilities.
Dec. 31,
March 1,
Dec 26, " SepU 12
2,027 banks. 2,027 banks. 1,976 banks 1,976 banks.
$•
$
$
'
$
Capital stock paid in...
496,172,901 41)5.803,481 490,266,611 491,072,616
Surplus fund
131,242,603 130,485,641 120,961,267 120,314,499
Undivided profits
I, 51,645,886
51,477,629
58,375,169
54.515,131
Nat. bank notes outstand’g. 324,618,914
331,193,159 341,820,256 339,081,799
State bank notes outstand’g.
850,775
1,130,585
824,876
1,183,663
Dividends unpaid
1,600,755
6,083,845
1,269,474
1,402,547
Individual deposits
647,667,627 - 682,856,219 540,510,602 622.685,668
U. S. deposits.
7,680,375
7,961,649
7,492,307
7,829,3?7
IT. ^disbursingofficers
5,3*4,950
3,579,722
4,705,593
8,098,560
Due to National banks
137,716.424 129,188,671
114,996,668 133,672,73$
Due to Stateb'ks & b'kers..
55,294,664
£1,629,602
86.598,076
39,2)8,148
Notes and bills re-discounted
4,811,600
6,365,652
3.811,487
5,987,512
Bills payable
4,786,437
5,398,900,
7,754,137
5,480f554
BANK AGGREGATES,

Aggregate

SEPTEMBER,

liabilities...’

..1,869,699,286 1,9)2,409,638 l,72y,380,303 1.830,627,846
&
$ '
‘
$
!
R
Loans and discounts.
951,744,432 > 950,898,978 856,816,555 ; 944,220,116
Overdrafts
4,656,099
4,963 6Q2
..........
0. Si bonds to secure eirc’n 380,582,653 '882,976,200 339,384,400 388,3^0,400
IU, S. bonds to secure dyp’ts■, 14,2^2,200 .14,714,000
14,915.200 .' 14,805 Odd
U. S. bonds on hand.
18,262,150
15,290,300
8,630,850 . 8,624,850
Other st’ks, b’ds &’ mort’gs. !:! 28,267,531
28,313,473
24,353,425
$3.70kd3l
•Redeeming & reserve ag’tsi
89.985,033
30,488,83173j)39.046 : i 96,184,420
Due from other Nat'l bmk^
40,401,757
44,*03,923
43,100,842
414413,680
Dite'from State b.’ks & b’k'rs:' 12,721,195
11.635,573
li:i85,253
42'022'ffri
Real est.,]furnit’e & fixtu’s. >
39.43C.230 :;39,190,63* 1 83,556,716 * «4,fi«T,SW
Resource*.

THE COMPTROLLER’S MARCH REPORT OF THE BANKS.

i

publication by the Comptroller of the
aggregate bank statements for March 1, is partly due,
we presume, to the fact that the
figures have been looked
for with unusual interest by the public.
The report
comprises 2,027 banks, against 1,076 at the time of the
Jay Cooke panic of September, 1873. The subjoined
table compares the various quarterly statements of
buy
National Banking system since that event :

.

cents.

•'

earlier

1875,

Transient advertisements are published at 25 cents per
line for each
insertion, hut when dednito orders are given for five, or more, insertions, a
liberal discount is made. No promise of continuous
publication in the host
place can be given, asall advertisers must have equal opportunities. Special
Notices in Banking and Financial column 60 cents
per lino, each insertion.

wili.iam B.

they ensured
publication of quarterly reports of every National
Bank in the newspapers of its
vicinity, as well as that the
Comptroller of the Currency should compile elaborate
quarterly tables of the aggregates of all the banks in the
United States. A valuable series of comparative exhib¬
its is thus
prepared which will not only be of the great¬
est possible use as a fund of materials for the future
historian of this financial period, but is capable of
ren¬
dering great practical services to those whose business
imposes on them the duty of studying the money mar¬

the

Products.
Railroid Earnings in Mar h,
and from January 1 to April 1.
Latest Monetary and Commercial

Foreign Capital ancl Recup. ra-

NO. 511-

National Bank laws of 1863 and 1864 that

THE CHRONICLE.

nev

JF THF. UNITED STATES.

-

,

(

Current expenses.-.
P/cmiums paid....

•

Bills of other Nat’l banks..
Bills of State banks

Fractional curreucy.

Specie on hand........
Legal tender notes...,

11.733,476

•

11,005.51$

8,67$, 170>

,

6*981j,43§

7,987,707
7;752,843
12,^21^972 ‘ A 1:433,’91$

*

81,1.27,79r 112,99>,317 ,; 62,831,312‘ 88,9*3,003>
18,876,558
21,508,036
21,403,179
16,103,84?
.30,922
24,3(4) ' •
A A A.A
A A.
3,003,149*. 2,392,668,; 2.287,454
9,302,775
16,667,023
22.436,761
26,907,037 ^19.86^469^
1 78,497,520 ■ 82,751,791 108,7i*),5&6 * 9$,522* 668
37,230,003
33,523,000 r 24,4)10,00Q 7 720,610,000
16,712,212
16,935,063 V -*a- ‘f
;

i

redemption fund..,..

Aiatt'i:.nVtwfthB,8.Tre«i
than
5 p. c.

5,510,566.

8,626,11$

.

LL S. cart, for leg. ten. notes

other

it

8,98f,462

Cheeks-A; other cash items'.'
Exch’gps for Oear’g House.

5 p. c.

,7,788,564

red’n fd.

.

Ui -1-

4,437,107

10 l>OB <1 it*SA

4,108,C20

diXO

Aggregate resources.... 1,869 699,286 1,902,409,638 1,729,380,803 1,830,627,845

h

3M

THE
ifly

•

[Apil 10, 1875

CHRONICLE.

ted

by these statistics is tlie high average. It is satisfactory to find that so far there
the loans and is but little evidence of the adoption of this retrograde
disco
Ij|S§3^e,'rfl$r, 1873, the aggregate was 944 policy. Of the two great characteristics of our banting
millio
sno^gjjfol millions. It fell to 856 millions methods—heavy reserves and full publicity—the former
in co
uence i)f
the panic, but the diminution is that in which the conservative strength of our mone¬
recovered from, tary organism has been usually believed to reside.
w soon it
was
There
le which reports the loans December is a prevailing belief in Wall street that a lively
hy
[O'
31118'
lions, or about their present aggre- speculation will probably develop itself before long.
se
figures go they tend to support The public will look with much scrutiny at the effect
the arguments of those who affirm that the legitimate which that movement, should it occur, will produce upon
business of the country has been, of late, reviving, and the banks.
If they are pliant enough to weaken their
that the depression, so far as it exists, is more limited in cash reserves and to expand their loans at the expense of
its area than has been supposed.
Although there is so their solid strength, the 1‘act will soon attract notice, and
much difference of opinion as to the objects to which the some loss of credit can scarcely fail to attach to the
^a^^Ip^ns a^e applied, and as to the sort of industry they offending institutions.
are
fostering, there can be no doubt about the fact that
Finally, the statistics we have thus briefly passed in
for some months past the aggregate loans of the banks review, show us certain
advantages in our hanking sys¬
of jbljQ JJnited States are fully up to the level reached tem over some foreign banking systems.
We do not
during the periods when business was so lively and con- deny that in many respects the banking methods in
.fidence so firm. The figures before us are valuable for England and France are vastly superior to our own.
j.the.ligAit they throw on these questions, and they are also The points in which we are excelled abroad have often
been discussed in these columns.
But in England, more
useful jin many other points of view.
.SecofuHy, these statistics show a great accumula¬ than in France, the fact is beginning to be appreciated,
tion of deposits. At present the aggregate deposits of that our banking system lias safeguards which, if
alitfie National banks amount to 647 millions. In Sep- judiciously used, would be of immense advantage, and
temper^ fl*j73, the aggregate was only 622 millions, are sure, sooner or later, to be universally adopted.
aitiiongii at that time bank credits were supposed to be Among the foremost of these American improvements
*>M 1! It! L Q.Ui 1 ao i
-r.
1 A
in banking, we place the safeguard of publicity, the
greatjlyliave< liere a new illustration of two
extended, ,
We
general facts, enforcement of frequent reports, the visits of inspection
wtiici/ jiave been^much discussed of late. One is by our bank examiners, and the constant impulse thus
tiVe''floating 'capital of the country has been rapidly urging tlie banks to keep themselves strong, to avoid bad
increasing, in consequence of the economical habits, the banking, and to hold themselves ready at all times for
ffhgkl savings'qf *thc people ’* aiicl* the second is that scrutiny and examination.
kd6ymulat{ons of floating capital,are. finding their
FOREIGN CAPITAL AND RECUPERATION FROM PANICS.
iWfco* batiks,wlicrP 'tfiey cahiiot fail to act a. powerful
jaaaifJt MjiT,
didijq/oLi 'Jj -Timlin IrsnanTm ilUV Vo.
It is one of the beneficent aims of modern finance to
stimulus or
The fii

poiur.

in the resources,

steadiness

'

,

,

legitimate industry and .to multiply the proJam Am <*^6 •.
an! uv
powers of the country, .,I he.se facts have, sp

>«h A,
diictive

bHrig together the nations, and to bind distant peoples
ifhpWthiit a bearing upon
.probable future of j the int^ 6he, so as to utilize all their resources and to develop
ttlbnCy Market that they well .deserve tlie p.rofquaid study and economize their productive powers. Just as in the
or
every thoughtful man who really desires to take a human body the vital current flows where it is most
needed so is it in thg fffiiancial world with the current of
comprehensive survey ,9 f the financial situation.
[Among .the' nmtforotts indications froni ihe figures cauitiah i Mi-'Wcflowski admirably shows in his recent
11 Hi>i rf?;<f. y; oru t.f»k ^
‘-i;i
bbfbfeMs, Wp1 liecd1 scarcely mention the new movement pamphlet on the French indemiirity thyt each of the cous¬
ip£ ijopda-actioai,of the1 bank circulation. Tlvc-nggregatcJ in orchil nations of Europe Ccowtribiited its share and par¬
ticipated-in- the work; bf ti’M^fUftihg 4ke heayy^war,, fine
fMtW’
nt 324
of Jj&rch against .84i imilionaMizDecomlie^ 48-7vk extorted from France'by hcFstie^ssflilriyaJL " li^sJa.More
fwe may pnihl to .tjie
^^fhHheV'^^Mracjfldn; has
taken:1 plggp, ^aiici flm intercst aw-akeneddk^e
by the panics which have happened
^qyemciiivi»!8till gcang^on.; .xVs to the preciseinfluence^
Whkdi th«Ff,Cbhtr:tlrtkm' is ‘eMvaJde of exerting on the iu jSiWtMii ai^aiJMi.i^v.o-bee n apprehended.in^ther'CqHtiu.enfi»at800.«.
p-v.-rq.
(
u-o. ... v
iTlie facFiSiBiat EuTOpe iias ndt'PMy
tiha^cial mPikeWPntfy.Jh&y
subject of '.much eonfi
h Mi y1 liu n d reel s’ of • jiiilli oiks • in, An i encambon els
opmibti, 'nnd;'we 0J:Ikv\ve no" 4Maec::'fdi; theii;
i'01 l‘ .i>
t-.'t,>ir.

ttii

.

•

r.

ft<.

>n

■

°iPI6tW^‘

,

tssion.(ppwr

vn.i -r *•

-If, as we have shown, the bank statistics, .off ei; evidence fhe next ten^yreVrs^Mitch
perhiips wltli
olr\Ti..lLUSK.r r.U',r.M.r yv., t
.r.
(If F.:.' f T ri\* !V,< t-i'.t
nr.
as tip the
ithis
monetary future, they are also extremely sugges- bettgu.jnflgm^nt,;]an4f. morejiptuir^s^/} Inrj jthi
.

...

—__—

_

tive its5

taih^^rolk^lfle- effects;6f:'the rccehtdeglslat^qn,., anticijyitcd qumuit of^capital,,lfrqiq .Ey^ope, Jies.qye of
o
ady.-adv' er tc^l to, dt, is Jobe, obse-ryed1 the in^tj-iiment^iities ? rcHect .oy ,by. t^iose,>vho.. Iqqk, fop,a.
thtttrtjieithjmv the
(^pvvsits of Hbbf cPVilrtry11 bahlcs ;vwith,
»nTiu’v/.r

>,a

a

«i.,«.vainer

..

...

,*

~

>•--!

t]^frjedeeifhmg ageiits, nor the ^eiieralta,-gsery^s of degap
tender1 n«te«.' have

as

yet suffered so ihtwli'as W34 aritici-'

Kieiriytallawed .country banks
resCTte,

luem

•

--1

rpppnt
\ripnnn nnfl last >>’#ek&,failures in Rni-lin.
to* couiTt1'as pavt of- thoif*1 decent viQn'ip. in Vienha and Incf. \ir/>olrkt. foilnvoc iu.BeviM.
panic
I
i
_ w-i • HitmIH' ‘MifMt; T. > )•<»** c .nnut.... -• • ... • • •
in

s»! ..vv-a

dgpo^its up.fhp hands, pf their redeeming agents^r d

and ialso compelledt all banks:to hold L5 or-25
ciS^^’dhaih^t1"‘tlfoir'^‘ciPcirlMibh

deposits.

Tt

is

per centl !

Mfet’iBttce 'afe 'to how1 fiif tlM' banks both in thb'

coimtry!
rJyield to the temptations
w^«Jh,,'arC,< ,noiW plaCPd bhfoTg <!t]i(jm of *Weakening their
cash reserve, and of allowing it to faU,^-below its usual j




'hU •• V

fXiSi.y-,‘i

n*< ' /

in »•
».l.

7.i! V'M

W,«»“ w.i

-vrr«t

.

CdBes may

m: It*

j

well

‘hs*.a^aihsjt their
too early as^.yet to deduce miy ,positives
as

Jil ii-i-.ti

I,,

b
l

typuble^ wlii^e t^iose

■< i

l.J.

are

under discussion.j-ak

April 5 ut Vienna‘ .and- ki.OT Ms ise^sipmr*
\ itt
UJ'> « * “.HI-!
’
■

t

!
•

)

Au^ti*ia.

the first .Congress - of Austrian Economists, which; uwC

niij

I.'.
?i»

a.hv>m

'Mmi.vi.K-.i.'*. miU
r-nonvus.-iw)

••

"

'

*

three

845

THE CHRONICLE

April 10, 1875.]

Vienna on this sub¬
interest from the cir¬

hundred members are already enrolled in this further reports of the discussions at

young society ; merchants and manufacturers, statesmen
and scholars, economists and farmers, are uniting in the

ject will be awaited with the more

investigation offers such numerous
ourselves, to our foreign credit¬
attempt to devise and point out the practical measures
which will contribute to avert panics, to restore specie ors, and to the prospects of our securities in the money
markets of Europe.
payments, to regulate railways in the joint interests of
capital, commerce and agriculture. In these discussions
MUNICIPAL INDEBTEDNESS RESTRICTED BY LAW.
in Austria of the very same questions which have been so
We see evidence the past week that Massachusetts is
cumstance

that the

facts of interest both to

prominent and troublesome here, we expect to find
some interesting contributions to the solution of the

States which believe
of cities and towns.
Monday, introduced into

about to enrole herself among those
in limiting the debt-making powers

problems involved, and we shall probably report them to An act to this effect was, on
our readers as soon as the details reach us.
The meeting the State
Legislature by the Judiciary Committee, and,
of this body has probably been hastened by the Report
as it
has received the endorsement of the entire com¬
just issued by the Austrian government on the Vienna mittee, is likely to pass.
panic of 1873. The Reichsrath appointed a committee
The wisdom of general regulations of this description
last year to investigate the causes of that disaster.
We has long since been acknowledged by the more conserva¬
find in the correspondence of the London Economist the
tive classes. It is not the debtor city alone that is affected
subjoined resume- of the causes of the panic, as given in by
its own excessive burden, but the whole State is more
the report itself, which has not yet readied us :
or less harmed
by it. Besides the authority—that is, the
CAUSES OF PANIC.

1. The over-estimation of one’s power of capital, and the neglect
to consider where the income of a people as well as its power of
laving ended, and what were the resources at its free disposition.
2. The abuse of private credit, naturally brought on by over¬

speculation, the requirements of which could not be satisfied by
1 lie speculators’ capital, and the misuse made of this credit for
the most daring enterprises.
3. The easy belief of a population

known as highly sanguine,

disposition not to examine things with care, the unlimited
number of persons taking part in the goings on on ’ChaDge, the
immense amount of capital .carried into speculation and away
from the requirements of regular production.
4. Over production in many branches, both of inland and
foreign industry, caused and stimulated by abnormal consump¬
tion, by the rising of all prices, and the general spreading of
luxury into every class of the population.
5. The system of Governmental concessions to and control over
companies, both founded on false premises.
G. The wrong direction which the activity of banks almost
entirely took, by exclusively paying attention to speculations,
promotion of new companies, and “ agio” gains.
7. The concessions granted to speculative banks, which carried
on all manner of business without having
the required capital,
and which risked their own capital and exposed that belonging

its

to others.

8. The defective currency standard in the country, which gave
many a daring enterprise.
9. The groundless hopes founded in 1871 on the effects that
would be felt from the French milliards that came pouring into

ground to

Germany, and the expectations
great Vienna Exhibition.
A better illustration

awakened by the project of the

could not be given of the analo¬

gies between our panic of 1873 and that of Vienna
than is found in the foregoing summary of the causes?
direct and indirect, which contributed to the Austrian
revulsion. In both countries the banks took deposits
from the public on call at high rates of interest, and
sunk those deposits where they could not be had when
the

owners

called for them.

In both countries

a paper

incorporation—is from the State, and it is only
proper that in conferring the power it should guard it
by such checks as general experience has proved to be
necessary.
Some might object to any limitation to the
will of the people of the town or city governed.
It is
frequently said, that if they, that is the majority, desire
to incur debt, they should be allowed to do so to any
extent.
This position would be invulnerable were it not
for the practical results of such a policy, as seen on
every side.
There are many cities and villages in this
very neighborhood, at present, so borne down with’railroad and other obligations, that their people are crippled,
and their progress stayed for years.
There can be no
reason
why they should thus be permitted to commit
suicide, even if they have the disposition to do so. Let
this condition once become general or extend to any
considerable section of the State, and we readily see
how unfavorably it would affect the whole common¬
wealth. We believe in allowing a community to govern
itself, for in that way defects in government will find
the quickest cure.
lint the debt-creating power is one
of the exceptions to the rule, for it is peculiar ; the bur¬
densomeness of the debt is not felt at once, nor in fact
until the evil has gone beyond all ordinary bounds, and
reached the oppressive stage.
The less conservative
classes—that is, the less provident—are always the
majority of any community, and they can only be taught
the folly of “ bonding” through an interest tax, the weight
of which strains them ; at that point, and not sooner, im¬
act of

dangers of ex¬ provements carried forward on “promises to pay” lose
their charm.
both countries
We may illustrate the rashness with which this borthe panic was preceded not only by over-speculation, but
I rowing mania has taken possession of our people by a
by over-production, with its usual concomitant of a glut reference to Massachusetts herself as conservative a State
in important markets, culminating in “abnormal con¬
as there is in the Union.
For these figures we are in¬
sumption, the rise of prices, and the general spread of debted to the Boston Journal, and they are certainly
luxury in every class of the population.” There were, on instructive, We group together the total city and town
the other hand, important differences between the Jay
indebtedness, valuation, and taxation of that Common¬
Cooke panic and that of Austria.
In this country the wealth for the years 1870 and 1874:
Indebtedness.
Valuation.
Taxation.
dangers of a financial panic are not enhanced, nor the Yean.
1874
$80,427,245
$1,831,001,165
$28,700,605
cause of industry perturbed by any “ system of govern¬
1870
34,826,800
1,417,127,370
21,922,569
system added new and formidable
plosion to the balloon of inflation. In
money

speculative, undevel¬
Increase
$45,600,385
$414,473,789
$6,778,036
oped, and disorganized banking system, by the French
Here we find an increased indebtedness in the four
milliards, or by the want of financial experience, all of
which evils have enhanced the monetary and industrial years of $45,600,385 and an increased taxation of
troubles of Austria.
Still the general characteristics of $6,778,036, while the valuation has only increased $414,the Austrian crisis show that like our own it was a 473,789; in other words, one hundred and thirty per
capital panic.” It was not a “ currency panic,” nor a cent, increased indebtedness, with thirty-one and a half
credit panic.” It had its origin in a too rapid conversion per cent, increase in taxes, but only twenty-nine per
of floating capital into fixed and permanent forms. The cent, additional valuation. This is certainly a rapid

ment

“

“




concessions and control,”

by

a

S46

,

debt movement,
some restraints
towns.

some

CHRONICLE

as

or 53.4 per cent.
detailed valuation put upon

the

in this instance.

favorable

a

[AprillO, 1875.

whole¬ $2 90£,

bonding powers of cities and
there are few States whose total obli¬ duced, is

on

And yet

gations present
as

and shows the wisdom of

THE

relation to the valuation

The truth is there has sprung up

one

connection

So large an increase in the
nearly an equal quantity pro'

of the anomalies of the

we

shall find of interest

season.

a

In the

same

comparison of pri¬

of each

product for three seasons, at or about
everywhere of late years a wonderful recklessness in April 8:
1873.
1874.
1875.
issuing bonds. Not till the panic was the extent of the Mess
pork, per bbl
$17 50
$16 75
$22 75
evil recognized; and the oppressive burden which this
Lard, per lb
10c.
8%c.
15*cdebt has imposed upon the people in the shape of exces¬ Bacon, per lb...
9*c.
9%c.
12c.
9&C,
Shoulders, dry salted, per lb
6%c
6j*c.
7Xc.
8*c.
sive taxation is a prominent cause of the slow
recovery
The effect which the very high prices of this year
from that panic.
There is one provision of this proposed act now before have had upon the exports from the United States to
the Massachusetts Legislature which will meet with wide foreign ports, may be seen from the annexed exhibit for
approval. We refer to the section which requires the the three seasons, beginning with Nov. 1 :
ces

■

'

assessors

rent

of towns and cities to

assess

taxes for all

authorized by the town. It is a common
practice to allow the out-goes, year after year, to exceed
the income ; and then, when this
floating debt has
become so large as to be troublesome, to fund it. This
plan is adopted by officials who desire to let their con
stituents think economy of
management is being used,
and frequently in cases where
they do not wish their
acts to be too closely scrutinized.
The check every
officer needs is a people ever on the watch.
Taxation is
the feeler for
producing this watchfulness; hence the dis¬
honest officer quiets suspicion by
levying smaller taxes
than are required.
This section in the Massachusetts
law is intended to lessen evils of this
description, and
should be copied by all the States.
expenses

PORK PACKING AND PRTIiS OF HOG PRODUCTS.
We gave

last week in our Commercial Epitome a sum¬
mary of the leading items in the statement of pork
packing at the West, for the season beginning November
1st and ending March 1st.
This period has come from
custom to be designated as the “
pork packing season,”
and although, of late
years, through the employment of
ice and ice-houses, the
slaughter of swine has been prose¬
cuted throughout the
year, the statistics of the regular
season retain much
importance to those who are inter¬
ested in this branch of trade.

The review

published by the Cincinnati Price Current,
accepted authority in such matters, shows
that the number of swine
slaughtered at the West dur¬
ing the past season was 5,500,220, of which 3,500,911
are credited to the six
principal cities of Chicago, Cin¬
cinnati, St. Louis, Indianapolis, Louisville, and Milwaukee
representing the great States of Illinois, Ohio, Missouri,
Indiana, Kentucky, and Wisconsin. The grand total
shows an increase of 100,020 over the season of
1873-’4,
or a little less than two
per cent.; an increase which is,
of course, more than counterbalanced
by a falling off of
5*20 per cent, or
7,487,514 lbs. in the net weight of
which is

an

1872-3,

cur¬

Exported from United States—
Pork, lbs
Lard, lbs

’.

Bacon and cut meats, lbs

There is

1873-4,

to April 7.
3 ,879.800
107,831,725

to March 30.

215,421.149

30,759.000
101,456,664
207,769,024

1874-5,
to March 81.

20,761,200

91,«94,359
149,310,263

compilation of statistics to show how these
exports were distributed, but it is hardly necessary to say
that nearly all went to Great Britain,
Germany and the
West Indies; Great Britain and Germany being the prin¬
cipal buyers of bacon and lard, and the West Indies tak¬
ing most of the exports of pork.
The increase in the number of barrels of
pork, as
above stated, and the comparatively large production of
lard, have undoubtedly, in conjunction with the reduced
export, caused some increase in stocks at this time.
There are, unfortunately, no reliable statistics of them,
and nothing can be obtained except approximate esti¬
mates.
Of pork the supply at the principal points of
the North and West may be set down at not far from
310,000 barrels, of which rather more than 200,000 bar¬
rels are at New York and Chicago.
The quantity in
stock one year ago Avas about 235,000 barrels. Of lard
130,000 tierces may be accepted as a reliable estimate of
present stocks, against about 120,000 tierces one year
ago.
Of bacon, cut meats, Ac., the supply is probably
little if any larger than one year ago; it may be smaller,
notwithstanding the diminished export.
It will not do, in the matter of pork and lard, to jump
to the conclusion, from the
larger stocks now on hand, that
prices ^are too high. A considerable portion of the West
and

no

Southwest which suffered last Summer from the

drought, or from the grasshopper plague, must continue
buyers instead of sellers throughout the Spring
and Autumn months; exports are not likely to show any
further falling off; the South is making preparation to
increase her cotton crop, and being in a better position
as
regards finances, will hardly fail of being a large
buyer; and the ease in the money market favors that
spirit of speculation which seems to be increasing
throughout the whole country, and to have extended to
all the principal agricultural products.
The rapid
the swine that were
advance of prices which began in August last was
slaughtered.
There seems to have been a notable
change in the caused by a diminished supply. The stocks left over at
operations of packers.
Notwithstanding the lighter the packing season, one year ago, and the quantity pro¬
average weight of the swine slaughtered, 209*77 lbs. per duced during the
Spring and Summer months, were not
head against 214*97 lbs. for the
previous season, the pro¬ sufficient to meet the demand.
duction of lard has been curtailed
Prices of swine are now
only about one-half of
exceptionally high at all
one
per cent, while the number of barrels of pork packed points.
The Agricultural Bureau 'at Washington re¬
was
569,4(33, an increase of 65,893. The quantity of ported that on the 1st of January, 1875, the number of
bacon and what are known as cut meats
produced must swine in thirteen Western States was 17,245,700, against
necessarily be much smaller than last season.
19,927,600 January 1, 1874, and 21,193,300 January 1,
The prices paid by the
packers for swine during the 1873. This, if reliable, is an important deficit, and,
past season have been unusually high—never equalled of taken in conjunction with the
high price of corn, is dis¬
late, except during the Franco-German war and our own couraging to anticipations of an
important decline in
civil contest. The average has been $8
33£ per one hun¬ prices, unless the money market shall become so strin¬
dred pounds, against $5 43 j last
season, an increase of gent as to compel the sale of speculative stocks. A




to be

347

THE CHEON1CLE

April 10. 1875 ]

prominent cause for the current high prices of hog Catcst fllonetarn auh Commercial (English Netva
products is the low prices which ruled two years ago, RATES OF EXCHANGE AT LONDON, AND ON LONDON
AT LATEST DATES.
and the consequent great demand for export which
EXCHANGE AT LONDON—
EXCHANGE ON LONDON.
prevailed during the Franco-German war greatly
MARCH 26.
stimulating the growth of swine; this,. with large corn
TIME.
crops, forced, prices down to unremunerative figures
i
These low prices, and the excellent quality of the
11.68
Amsterdam...
short.
11.14%@11.15% March 26. short.
3 mouths. 25.55 £.25.60
25.24
products sent forward, established a demand for them Antwerp
20.40
3
20.82 @20.86 j
Hamburg
25.25
short.
short.
25.22% @25 32%
which, the higher prices since have barely sufficed to Paris
3 months. 25.50
Paris
@25.53 j
111.35
check. From one extreme we have passed to another, Vienna
11.37%@11.12%! March 26. 3
20.60
short.
Berlin
20.82 @20.86
which must naturally be maintained until consumption Frankfort
20.60
20.82 @20.86 1
ON

TIMS.

-

LATEST

RATE.

RATE.

!

DATE.

it

•

it

•

•

•

mos.

...

%<

..

.

....

.

mos.

it

k

„

<(

is

checked,

their

or an

increase in the number of swine and

products shall force a surplus upon the markets.

St. Petersburg
Cadiz
Lisbon

Milan...,

.

..

Genoa

RAILROAD EARNINGS IN MARCJf, AND FROM JANUARY 1 TO
APRIL 1.
There has

been

never

a

much to do with the reluctance of

was so

difficult to

companies to report.

Among the roads reported below, it will be observed
that the Union and Central Pacific are the most promi¬
nent for an increase of traffic.
The earnings of Lake
Shore, from Jan. 1 to March 14, have been reported as
follows:
earnings, 1874
earnings, 1875

$3,432,052
2,455,990

'.

$976,002

Decrease

f

Earnings of the Mobile & Ohio road
The

$293,927
213,348

World money

article of to-day contains an ab¬
figures from the annual report of Lake Shore
Michigan Southern, which states that:

stract

&

for:

were

*196,729 I January, 1874
156,174 | February. 1874

January, 1875
Februaiy, 1875

of

The gross earnings of 1874 were $17,146 130 76, a decrease of
$2,268,378 50 from $19,414,509 76 earned in 1873; the expenses
were $11,152,371
56. or 65.04 per cent, against $13,746,598 54, or
70.9 per cent, in 1873, and thus show a reduction of $2,594,226 98,
and result in an increase of $325,848 48 in the net earnings of
1874, and leave them $5,993,759 20, against $5,667,910 72 in 1873.
Deduct from this $5,993,759 20 of net earnings the items of
interest, leases and dividend on guaranteed stock, together
amounting to $3,008,192 76, and there remains a balance of
$2,9b'5,566 44, equal to 6 per cent on the stock and $17,576 44
surplus. Out of this was paid the 34 per cent dividend of Febru¬
ary. and the remainder, $1,377,905 19, was absorbed in the $1,746,505 91 expended during the year for construction and equipment.
The net earnings of 1874 are the largest in the history of the

company.
RAILROAD

EARNINGS

IN MARCH.

1875.

Central Pacific

1874.

1,192,000

Denver & Rio Grande*
Illinois Central
International & Gt. Northern*
Missouri, Kansas & Texas....
8t. Louis, Alton & T.H.(main)
do
do
branches
St. Louis, Iron Mt. & Southern
8t. Louis & Southeastern*....
Toledo. Peoria «fe Warsaw
Union Pacific

882,423

649,870

Cuicago & Rock Island
Cin., Lafayette & Chicago*....

541,340

21,652
18,686

28.296

103,530
’

i',%i

61,701
262,801

104,193
44,472
236.132

72.805

651,475

$3,559,552

2lil70

4,898
39,168

1875.

...

do
do
branches
St. Louis, Iron Mt. & Southern
8t. Louis & Southeastern*
Toledo. Peoria & Warsaw
Union Pacific

1874.

$2,535,025

82,635
62,719

$666 805

$82,205

1,663,464

303 018
661.000

300.872

234.763

162,294

826,895
228,429
206,051
2,018,746

$9,366,480
Three weeks only of March in each

$148,975
21,050

55,051

759,505
287,424
120,576
703,574
281,464
277,171

1,880, ;80
$8,968,011

7,668

67,581
2,146
98.505
«

-

*

#

52,661

41,718

123,321
53,035
71,120

138,566
$762,394
$398,439

$363,955

year

—We call the attention of investors to the advertisement in to¬
day’s Chronicle of Mr. J. C. Chew, of No. 29 Broadway, who is

offering Texas securities in the shape of State, County and Munic¬
ipal Bonds, bearing 6, 7, 8 and 10 per cent interest. Mr. Chew
also offers Texas lands and “ Land
Scrip.” Texas securities have
a good
standing in this market, and are commanding favorable

attention.




Naples

•

....

....

•

•

.

.

•

•

Valparaiso.....

•

•

•

•

•

•

•

Feb. 15.

....

Q

.

.

60

Bombay
Calcutta.

t

days.
.

.

•

Hong Kong...j
Shanghai
j

.

-

-

.

.

•

•

•

.

.

•

•

I

....

.

March 25.

'Mar h 18.
Maicli 25.

0Xd.

March 13.

....

.

,

.

.

.

.

.

•

.

.

3

•

19. 10 Xd.
19. 1(1 Xd.
49. 2Xd.
59. 9@%d.

.

....

•

•

*

....

«...

....

49.

....

.

.

6 mos.

1 March 2L

.

•

j
Alexandria....1

•

.

l6\ 9%(l.
U. 9%@9%d.
4,9. OXd.
59. 6 *£d.

.

....

1

•

$1 82*
26%
49% @50

days.
days.

....

..

•

....

f r

• • • •

•

•

....

•

March 25. 60
90
Feb 23

•

Pernambuco
Montevideo...

Singapore

•

.......

Buenos Ayres..

96*

mos.

correspondent-!
London, Saturday,

[From

our own

March 27, 1875.
large importation of gold from Australia this
week, amounting to £705,000. Of that amount, £293,000 con-,
sisted of sovereigns, and were seut into the Bank of England,
and it w&s thought that, as there seemed to be no demand for
gold for export, the bars would also be retained on this side. On
Tuesday, however, the German Government unexpectedly re-ap¬
peared in the market, and purchased the whole of the supply.
There is, however, no apprehension of the demand continuing
for the German exchanges are in ’our favor, and in the natural
state of things, the tendency would be for gold to be attracted to
this market.
The operation referred to can only be looked upon
as special, and in connection with the new coinage. It is a transac
tion which no individual firm would undertake, because it would
leave a loss, but the German Government possessing the means
wherewith to buy, aud being in want of gold to proceed with, the
coinage, attaches no importance to the loss sustained. No doubt
the advantage of possessing the gold more than compensates for
the loss, -which after all is not so great as to need discussion.
The absorption of nearly all our importations of gold by the
export demand has given a somewhat firmer tone to the money
market, hut the rates of discount have not materially varied. The
official minimum remains at 34 per cent, and in the open market
the best bills are taken at a fraction beneath that quotation. The
supply of commercial bills is still very moderate, but there is some
prospect of increase, as trade is reported to be somewhat more
cheerful. The following are the present quotations for money :
There has been

a

j

3%@...|

30 and 60 days’bills
3 months’bills

count houses for

3%@... J

deposits

Ppr ppTit

I

3% |

Open-market rates:

are as

4 months’ bank bills

a

statement

3%@3%

6 months’bank bills.
3%@4
4 and 6 months’trade bills. 4 @4%

by the joint-stock banks and dis
follows :

Jointstockbanks
Discount houses at call
Discount houses with 7 days’ notice
Discount houses with 14 days’notice...

Annexed is

Increase. Decrease.

103,735

1,595.380

•

....

Per cent.

172,034

1 TO MARCH 31.

$2,984,000

....

90 days.
52%@52%
3 months. 27.70 @2780
27.70 @27.80
27.70 @27.80

New Fork
Rio de Janeiro

33 3-16

@18%

The rates of interest allowed
6,372
25.218

of each year.
FROM JANUARY

Central Pacific
Ciu.. Lafayette & Chicago*..
Denver & Rio Grande*
Illinois Central
International & Gt. Northern*
Missouri. Kansas & Texas....
St. Louis, Alton & T.H.(main)

48

ppf ppTit'

22,801

U

32%@32 7-.6

Bank rate

6,242

70,178
98,023

823,509

6,644

584,600
i

*

Increase. Decrease-

$309,57?

16,725

07,943
240,000
83,023
49,370
275,300
63,306

$4,144,152

Net increase.

....

9

Bahia

time when it

obtain reports of railroad earnings, and the unfavorable
results of the early months of the year, undoubtedly, had

Gross
Gross

m

a

....

2%@.

2%@

...

2%@....

—

showing the present position of the Ban k

England, the Bank rate of discount, the price of Consols,
English wheat, the price of Middling
Upland cotton, of No. 40 Mule yarn fair second qualitj,
and the Bankers’ Clearing House return, compared with the
four previous years
of

the average quotation for

1871.

Circulation, including
£
bank post bills
23.934,723

1872.
£

1873.
£

1874.

25,651.436

25,533 058
16,729,878
18,75*,251
13,365,532
27,109,861

26,007.240
10.654,365

Public deposits
11,863,980 14,382 944
Other deposits
19,164,165 20,501,348
Government securities. 12,939,100 13.963,444
Other securities
22,954,785 27,038,245
Reserve of notes and
coin....
13,984,949 12,549,824
Coin and bullion in
both departments.... 22,358,064 22,835,529
3 p. c.
Bank-rate
3 p. c.
93d.
Consols
92% d.
55s. 2d.
54s. 6d.
English wheat
Mia. Upland cotton ..
7 9-16d,
ll*d.

16.894.555

1875.
£

26,235,661
8.875.808
17 623.805

13,812,524

13,595,887

19,957,245

21,158,415

13,695,052

12,510,136

10 322,599

23,886.372

23.145,966

21,248,189

4 p. c.

8X P- c.
92% d.
60s 9d.
8%d.

3% p. c.

92% d.
55s. 3d.
9 3-16d.

No.40rauleyarnfair 2d
Is. 2%rt.
la.
Is.
quality
Is. 0%d. la. 3%d.
Clearing Bbuse return. 69,443,000 122,947,000 96,719,003
The following are the rates for money at

abroad;

£

Is.

0%d.

93d.
41s. 9d.

Is.

96,285,000 101,076.000

the leading citie®

[April 10, 1875.

""

fHE CHRONICLE

348

Redm,

Bank

Bank Open
rate,

per cent, per cent.
3
4
35*
S3*
3
3
4
3
33*

Paris
A mat'.p.rJaTni

Hamburg

Berlin
Frankfort
Vienna and Trieste

43*

colona
Lisbon and

Oporto..

.

43*

6
4

Madrid, Cadiz and Bar-

f@S

53*

Petersburg
Brussels
St.

4

rate.

market.

per
and

Turin, Florence

Open

•

Antwerp

4

Leipzig
Genoa

33*

Geneva

Copenhagen

•

New York

Oregon &

5@b)*

New York
Calcutta

33*
53*
33*

•

33*
33*
4%
33*

33*

Bremen

•

do

8.

a.

gold.

9

standard. 77 9
77
per oz standard. 77 11
per oz. standard .
per oz.
peroz. 73 8
per oz..none here
per oz.

Spanish Doubloons
South American Doubloons
United States Gold G-»:n

s.

silver.

Bar Silver, Fine
Bar Silver, containing

d.

peroz.

s.

d.

Spanish Dollars (Carolus)
Five Franc Pieces

873*® 88,*

certs,

d.

(a), 7s

@190

@ 46
@
101 @102
91 @ 92
27 @ 29

Do

©
©
©
©

Do.
Do
Do.

d.

.

•

& Minnesota, 7s.

Cleveland, Columbus, Cin. tfc Ind. con.
Eastern Railway of Massachusetts, 6s

peroz

given by the French Government that the
National Defence loan will be re-imbursed at par
on the first of October next.
This has been anticipated, and hence
while the live per cent bonds are being dealt in at about 102, the
six per cent loan has not exceeded 105, and is now only
There has been some talk of a new loan, but if it is introduced it
will not increase the debt of the French Nation, as it will be for
the purpose of effecting the intended conversion of the" six per
cent loan into one bearing interest at 5 per cent.
The select Committee of the House of Commons have continued
thejr labors this week, and have been inquiring into the matter
the Honduras loan. The investors in that “ security” are no doubt
much aggrieved, but they must be reminded that they were very
greedy and thought that they could obtain with safety
for their money with the prospect of having a drawing at par
which-would produce an additional £20. Should they not have
asked themselves, “ Can Honduras continue to pay so high a rate
of interest 7” And they may now be of opinion that a safe four or

.

2d mort*, 7s.

do.

893*© 903*

Lehigh Valley consol,

.

8

•

•

•

1043*@1055*
•

•

.©

•

973*® 983*
81 @ 83
87 @ 89
95 @ 96
97 @ 99
88 @ 89
59 @ 60
75 © 85
99 @101
77 © 79
101 @101
893*© 903*

1903
.1902

.1893

•

•

•

.©

’

86
99

.19 2

1901

.

Milwaukee tfc St. Paul. 1st mort. 7s... ...
New York & Canada IF way. guar, by the
ware & Hudson Canal scrip, 6s...

.1902

Dela¬

•

85

106

■

1892

90
97
81
102

Paris & Decatur

1875

Pennsylvania 2d mort. 6s
general mort. Gs
Do.
Do,
consol, sink'g fund mort. 6s

1910
1905

Do.
do. £10 paid
Perkiomen con. mort. (June ’73) guar, by
& Reading, 6s
Phil tfc Erie 1st mort. (guar, by Per.n.RR.) 6s..
with option to be paid in
Do.
6s ...
Phil. tfc Erie gen. mort.(guar,
Phil, tfc Reading general consol, mort. 6s
Do.
' imp. mort., 6s
Do.
gen. mort., 1874, scrip, 6’s
South tfc North Alabama bouds, 6s
*
St. Louis Tunnel 1st mort. (guar, by the
tfc St. Louis Bridge Co.) 9s
Union Pacific Railway, Omaha Bridge, 8s.. .

Phil.

1913

Phil.,

1881

by Penn. RR.)6s.l920
1911

1897

102

© 96

@104
@103

23*@3pm.
@ 97
@101
@101
86 © 88
1)4 @106
l'O3*©10 3*
98 @ 99
87 @ 89

© 99

883*© 893*
58 © iH)
70 © 80
99 @101
78 © 80
101 @103
693*© 90>*
•

»

.©

....

1013*© 1023*
86 © 88
99 @101
83 © 83

© 88
@101
© 88

933*© 943*
95
99
99

© 8!)

.

....

@107
@91
@ 99
@ 87

....

87

993v@100,*

99;*© 1003*

1901

Uiv. mort. bonds, 6s.. 1903
19C4
consol, mort., 6s
general mortgage, 7s.
1S97

N. Y. Central & Hudson
Northern Central IF way,

.

95
97

1013*@10>3*

mort. ‘ A,” 6s.

.

..

...

...

© 60

55

@ 10
©
55 © 60
25 © 30
.©
1033*@104(*
1035* (CD 104 J*
1043*© 105 *
.©
55 @ 60
973*© 983*
81 @ 83
.

•

1033*@1043*

.1875
.1903
.18)1

Do.

12 percent

© 88

10;i;*@loi3*

.

of

@ 92

86

© 10
.© ...
55 @ 60
23 @ 28
.© ...

1900
.1900

Panama

@ 99

90

8

Notice has been

1021.

97

.

.1920

Do.

513*® 52>*

893* 2> 903*

1875

holders of the

@ 29
© 27
49.1*® 503*

97. @ 99
90 @ 92
86 @ 83

.1909

mort.

@ 92

513*@ 523*

.

consol, mort., 6s.

91
27
25

®. 27
@‘ 50

•

Burlington Cedar Rapids
Cairo & Vincennes, 7s
Chicago & Alton sterling

1013*@1023*

BONDS.

.1895
1902
.1910
1902

6s
6s

....

...

25
49

@100

@ 46
••••©

42

1.1903

do.

913*

42

97

.1874
1.1902

do.
do.
do.

90 3*@

97

Alleghany Valiev, guar, by Penn. R’y Co.... _1910
Atlantic <fc Gt. Western consol, inort., Bis
,.1890

5 grs. Gold.peroz.

Mexican Dollars

873*@ 833*

I860

AMERICAN STERLING

©

©

*.

1st mort., 6s

Do.

standard. .last price. 4 93*
do.
do.
4 9 9-16 @
per oz. .last price. 4 8)« ©
per oz..none here

.

...

Mch. 00.
75 © 77

Philadelphia <fc Reading $50 shares
Pittsburg Fort Wayne tfc Chicago equipment
bonds (guar, by Pennsylvania Co.). 8s
Union Pacific Land Grant 1st mort., 7s.... ...18S9
Union Pacillc Railway, 1st mortgage, 6’s
1898

©

8.

..

California, 1st mort., 7s
1890
Frankfort Commit’e Receipts, x coup.

Do.

which allusion has been
increas3 of
at
cent

Bar Gold
Bai Gold, tine
Ba/ Gold, retiliable

Central $1Q0 shares

Pennsylvania, $50 shares

...

.

Apart from the operation in gold, to
made, the only movement has consisted of a slight
firmness in silver caused by an advance in the rates of discount
Calcutta to 8i per cent for bills under 30 days, and to 9J- per
for those exceeding that period.
Annexed are the quotations:

..

1923
1891
gold
bonds, English, 7s
1904
New York Boston <fc Montreal, 7s
1903
New York Central & Hudson River mortg. bonds..

43*

Rome

1911

Galveston & ILirrisburg, 1st mortgage, 6s
Illinois Central, $100 shares
Lehiuh Valiev, consolidated mortgage
Marietta & Cincinnati Railway, 7s
Missouri Kansas & Texas, 1st mort., gnar.

market

cent, per cent.

Mch. 27.
75 © 77
90 @ 91

.

106
9.)
96
84
102

@107
91
@ 98
@ 87

@101
@103
933*© 943*
23*@3pm.

102

94

@ 9fi
@101
99 @101
86 @ 83
104 @106
102 @103
!8 @ 99
87 @ 89
99

in the long run by far the most remu¬
Illinois
87 © 89
87 @ 81
Mr. Bischoffsheim who introduced
...1833 99 ©101
99 @101
.1896 100 @102
10 ) @132
the loans in question will attend at the next meeting of the
United New Jersey Railway and Canal, 6s.... .1894 100
100 @102
@101
Do.
do.
do.
do.
1901
6s
Committee, which will be on April 8.
Business in the stock markets has been rather quiet this week
Ex 5 coupons, January, 1872, to January, 1874.
owing partly to the holidays, but on the whole, prices have been
Business in the manufacturing distric's has been rather more
Erie railroad securities have been in demand, and they have
firm.
cheerful, though rather quiet. A report from Manchester states
recently experienced a decided improvement, and the value of
other American securities has been steadily maintained.
The that the market hks presented a decidedly firmer aspect in all
departments, and in some, prices are slightly dearer. The demand
following were the closing prices compared with those of Saturday
has not exceeded very moderate dimensions on the whole, although
last:
Mch. 20.
here and there transactions of fair extent are reported. A few
Rodin. Mch. 27.
93 @
buyers appear to have made up their minds that prices are likely
Consols
©
United States, 6s
1S81 1073*@1083* 1073*© 1033* to be higher rather jlian lower, and they are shaping their
104 @105
Do
5-20 years, 6s
1882 10J3*@1G53*
6s
Do
1884 ....© . .. 1073* @
operations accordingly. For the most part, however, purchasers,
Do
bs
1885 1073* @1073* 106 @1073*
@107
although sharing this opinion to a very great extent, are too much
Do
6s
1885 106 @107
107 @107#
U. S. 1867,$371,346,350 iss. to Feb. 27,’69, 6s.... 1887 107 @107#
....@
5s
1S71 ...,® .... 103 @1033* impressed by the inelastic nature of the demand in the principal
Do
Do funded, 5s
1881 103 @1033* 1023*© 1033* foreign markets, and have not the courage to buy as freely as they
Do 10-10, 5s
1904 102X@103X ....@
would do under more favorable circumstances. The possible
Louisiana, old, 6s
@
....©
@
Do
new, 6s
occurrence of further embarrassment, in consequence of the recent
....@
Do
levee, 8s
@
25 © 35
financial failures, is also still restraining the action of merchants.
Do
do 8s
1875 25 @ 35
25 @ 35
25 @3
Do
do 6s
101 @103
Hence, whilst there is much confidence in the maintenance of the
Massachusetts, os
1888 101 @103
99 @101
Do
5s
1894 99 ©101
99 @101
present range of prices, there are at the same time, powerful
1900 99 @101
Do
5s
99 @101
checks which effectually prevent anything like speculative buying.
5s
1889 99 ©101
Do
99 ©101
Do
5s
1891 99 @101
99 @101
Business, therefore, is for the most part confined to the supply of
5s
Do
1891 99 @101
Virginia stock 5s
@ ... 33’ © 36 current requirements without regard to future wants, except in
@
-33 @36
Do
*fis
47 @ 49
such descriptions as happen to be scarce and difficult to get for
Do
New funded 6s...
1905 47 © 49
AMERICAN DOLLAR BONDS AND SHARES.
early delivery. At Leeds the transactions in woollen goods have
39 @ 41
37 @ 39
Atlantic & Great Western 1st M., $1,000, 7s...1902
been on a very moderate scale; but on the whole, a somewhat
16 @ 18
Do
2d mort., $1,000, 7s.. 1902" 15 @ 11
73*@ 8>* better feeling has manifested itself.
73*@ 83*
At Huddersfield there has
Do
3d mort,, $1,000
1902 51
54 @ 56
©
Atlantic Missisdppi ifc Ohio, Con. mort., 7s
1905 90 @ 53
90 @ 92
been a better attendance of buyers; but the amount of business
92
Baltimore & Potomac (Main Line) 1st mort, 6s. 1911
do
(Tunnel) 1st mortgage, 6s,
transacted Las been very moderate. The lace trade of Nottingham
87 © 89
87 @ 89
.1911
93 © 94
93 @ 94
.1899
has been very firm, and, in some instances rather higher prices
Central of New Jersey, cons. mort.. 7s
87 © 89
87 @ 89
1896
Central Pacific of California, 1st mort., 6s.
have been obtained.
At Dundee a cautious feeling prevails.
Do
California & Oregon Div.
83 © 84
83 © 84
1892
In the iron trade, there has been a disposition to do rather more
60 © 65
55 @ 60
.1875
60 © 70
55 @ 60
.1875
business, and tlie tendency of prices is favorable.Do
2d mortgage, 8s
24 @ 243*
263*® 27
Erie $100 shares
The trade for wheat has been firmer but no animation has been
.©
.©
Do countersigned by Union Bank of London
38 © 40
38 © 40
Do preference, 7s
apparent. The English farmers are contributing liberal supplies
62 @ 64
63 @ 64
.1904
@
.©
and millers purchase cautiously at late rates. The weather is very
Do 2d mortgage, 7s.
favorable, very cold and dry, Vegetation in perhaps uomefrliat
,m
five per cent per annum is
nerative.
It is expected that

*

-

....

....

.




..

....

...

.

.

-

.....

i

•

«

•

....

.

•

•

•

...

...

•

in

•

•

mm

• f 1

MM

backward, but this is not considered to be a drawback. Spring
sowing, now about completed, has been satisfactorily accomplish¬
The quantity of wheat afloat amounts to 1,563,380 quarters,
ed.
against 1,442,206 quarters last year.
The following figures show the imports and exports of cereal

produce into and from the United Kingdom since harvest, viz.,
from September 1 to the close of last week, compared with the
corresponding period in the three previous years :
IMPORTS.

1872-3.

1871-2.

25,533,331
5,387,680
5,560.886
572,824
2,774,206
8,740,746

27,816,596

24,765,212

9,930,222
5,526,921

•7 578,817

1,510,336
12,343,522

11,141,661

3,828,184

4.130,890

1,922,621

1,502,210

123,813

2,027,724

154,032
42,289
14,814

202,446

63,905

8,098
9,751

84.677

8,796

5,280

2,225
89,375
91,745

972

4.119

20.605

19,363
42,924

Wheat

9.027,326
4,803,043
1,0J2,616
1,299,232
7,097,895
4,102,479

Bafley
Oats
Peas
Beans

Indian Corn
Flour

5,329 537
4 69,992
2,095,737

779,993

EXPORTS.

Wheat

Barley

.

lutlian Corn
Flour

..

33,227
39,019

...

13,402

12,747

closing quotations in the markets of London and Liver¬
pool for the past week have been reported by cable, as shown in
the following summarryLondon Monty and Stock Market.—Pi ices have shown an up¬
ward tendency during the past week.
The daily

The bullion in the Bank of

Mon.

Sat

93%

Tues.

93%
93%

93%

Fri.

Thur.

Wed.

93%

93%
93 %

.<3%
{>:!%
!07%
o;%

0. S. 6s (5-20s,)1865,old.. 107%
“
“
1867
107%

53 %
108

108

108

101%

107%

107%

93%
108%
107%

.03

93£

account

lt'3

103

113

103

New 5s

103%
103%
103%
103%
103%
Tbs quotations for United States 6s (1862) at Frankfort
U. S. 6s(5-20s) 1862
99
99%'
95%
....

103%
were:

Liverpool Cotton Market.—See special report of cotton.

Liverpool Breadxtujjs Market.—The breadstuff’s market closes
steady.

•

•

d.
0
6

8.

d.

21
8

0
6
5
5
0
0

5

9
9

0

34

0

42

5

Wed.

Tues.
s.
d.

Mon.

Sat.
s.

21
8
9
9
34
42

Thur.
s. d.

s,

d.

21
8
9

0
6
5
5

0

21

6
5

8

6

9
9
34
42

Fri.

0
5
5
3

5

9
24
42

0
0

0
0

of

Liverpool Provisions Market.—The tendency
during the week just closed.

been upward

s.

21
8
9
9

84
42

0

d.
0
0
5

5
3
6

prices has

-

s.

Beef (mess) new # tee
Pork (mess) new #bl>!...
Bacon (long cl. mid.)# cwt

Lard (American)....
Cheese(Amer’n fine)

72

“

65
71

6
0

0
6

76
51
66

6
0
6

72
76
51
67

71

0
0

“

d.
72 6
s.

51
66

6

76
50

Thur.

Wed.
s.
d.

Tues.

Mon.
s. d.
72 6
76 0

Sat.
d.

-

1872.
For the week

Previously reported....

0

71

0

71

72
78
M
67
71

6
6
0
6

0

Fri.

d

s.

market has ruled

Liverpool Produce Market.—This
Mon.
s. d.

Rosin (common)..
“

fine

.

5

9

5

17

0

“

Wed.

Tues.
s. d.
5
9
17 0
10

9

1?

# cwt..

0
10
9
40 0
87 0
26 6

72

d.
6

78
51
67
71

0
0
9
0

s.

6
0
0
9

0

steady the

Thur.
s.
d.

d.
5 9
17 0
10
s.

beginning of the year, with a comparison for the corresponding
date in previous years :
March 30—Str. City of Merida
Havana
$363,325
Spanish gold
March 31—Str. Calabria
37,491
Liverpool
Silver bars
Apiil 1—BrigMorninr Light
Ponce
10,000
American silver....
April 1—Str. City of Vera Cruz.. .Havana
Aineric m gold
12 000
Spanish gold
68,450
April 1—Str. Henry Chauncey
.Pun ta Arenas. ..American silver ...
918
April 1—Str. Cimbria
12,828
;
Hamburg
Silver bars
Paris
Silver bars
27,822
April 3—Str. City of Brooklyn
Liverpool
Gold bars
3,100

somewhat
Lins

£

,

dc’ke(obi).# tn 11

Linseed (Calcutta)....

s.
5
59

0
6

£

s.
11 5

Tties.

d. £ 8. d.
6

5
59

0

59

0

11

21

0

24

0

0
0

0
0

25

3

6

8agar(No.l2 D’chstd)
on

spot, #cwt

Snermotl

24

$ tun. ill

0

Whale oil
“
3G 0
Linseed oil..,.# cwt.
25

0

5

9

17

0
10

Imports

9
0
10
9
40 0
37 0
26 6

OHIO

0 111

0

3G 0

0

3

25

0

36

Wed.
£ 8. d.
11 5 0

Thur.
Frl.
£ 8. d. £ s. d.
11 5 0 11 5 0
59 G
59 G
59
6
24 0
24 0
24 0
111 0 0 111 0 0 111 0 0
30

0

0

25

6

0 0

36

25 0

0

$8,867,170

i

$9,352,612

1869

15.593,504 11868....
6,139.055 j 1867
14.978,464 j 1866
6,659,814 |

The imports of specio at this port
been as follows:
March 29—Str. Oder
March 29—Str. Adriatic

16,005,451

7,014.259

5,575,146

during the past week have
Gold

Bremen

$55,000
106,932

Gold
Silver

Liverpool
....Aspinwall

April 1—Str. Colon

100

Gold
Gold dust

April 1—Str. Westphalia
April 1—Str. Alps

Hamburg
Savanilla.

April 1—Str. Andes

Kingston
Bremen

Gold..

Tampico

3,337
1,305

Silver

Silver

203,413
1,215
3,297

'... .Gold
Silver
Gold

April 3—Str. Neckar
April 3—Schr. C. L. Palmer

200
645

Gold

32,424
1,676

Total for the week

$409,594
3,995,857

Total since Jan. 1, 1875
Same time in—
I
Same time in1874
.$1,092,591 1870
1873.
1,031,563 j 1669
1872
575,625 i 1368
1871
2,833,977 ! 1867

$4,405,451
$6,035,703
4,766,948

.

2,540 021
489,800

—The Central Kail road Company of New Jersey have declared
their usual quarterly dividend of two and one half per cent, pay¬
able on Tuesday, April 20, next, at the office of the Company.
Transfer books closed April 8, and re-open April 22.
—Mr. Thomas Hale, for so many years Secretary of the Pacific
Mutual Insurance Company, has been elected Vice-President, to
fill the vacancy occurring by the decease of Mr. William Leconey.
Mr. Willoughby Powell has been elected Secretary in Mr. Hale’s

place.

BANKING AND
TO

FINANCIAlT

INVESTORS.

STATE,

COUNTY\ AND MUNICIPAL BONDS OF TEXAS,
bearing, 6, 7, 3 and 10 per cent interest. Also,
TEXAS LANDS
AND
LAND SCRIP,
For sale by J. C. CIIEW, No. 29 Broadway.
ADVANCES

Made

on

Cotton in store.
R. M. WATERS & CO.

RAILROAD BONDS.—Whether yon wish to BUY or SELL, write to
HASSLER & CO., No. 7 Wall street. N. Y.

BROKERS,
BROADWAY, NEW YORK,
have closed Stock Privileges the last two weeks which have paid $1,000 on
$100 investments. We quote Privileges, from 1 to 3 per cent distance from the
market, for the next |seven days on Union Pacific—Erie—Lake Shore72

Northwest—Pacific Mail—Western Union.

write for

0

25

36

0

our new
“

Investors

are

invited to call

or

pamphlet, 72 pages, entitled
MEN AND IDIOMS OP WALL STREET.”

COLUMBUS, CHICAGO & INDIANA CENTRAL BONDHOLDERS who
Pennsylvania Railroad Company,
are requested to meet at the office of HASSLER A CO., No. 7 Wall
street, on
Tuesday, 13th, at 12 o’clock m.
favor the enforcement of the liability of the*

Exports for the Week.—The imports this
increase in both dry goods and general merchandise.

and
an

imports amount to $8,8G6,275 this week, against
17,127,029 last week, and $7,900,911 the previous week. The
exports are $4,596,059 this week, against $4,170,069 last week, and
$4,104,679 the previous week. The exports of cotton the past
week were 6,692 bales,
against 2,916 bales last week. The fol¬
lowing are the imports at New York for week ending (for
dry goods) April 1, and for the week ending (for general mer¬
chandise) April 2:
FOREIGN IMPORTS AT NEW YCltK FOR THE WEEK.

Dry goods..

General merchandise...
Total for the week..

1872.

$2,207,507
7,434,437

1873.

1874.

1875.

$2,104,060
5,475,013

$1,842,032
8,009,795

$3,493,420
5,372,849

$9,641,944
97,561,115

$7,576,073
113,332,540

$9,851,827
100,544,587

$8,866,275

Since... $107,303,059

$120,908,013

$110,396,411

$97,997,975

Previously reported....




Same time in-

I

•

5

17

(Kommemal emit itttsccflanrouo Nous.
week sho w
The total

$16,822,281

1875

J. IIICKLING & CO., BANKERS AND

Mon.

d.

$525,935

10,280,346

Total since -Jan. 1
Same time lu—
1874
1873
1872
1871
1870

Fri.
d.

during the week.
Sat.

?

Total for the week

Previously reported

s.

Petroleu«n(reflnod)... .# gal
10
9
9
9
(spirits)
“
9
Tallow( American)...# cwt. 40 0
40 0
40 0
40 0
Cloverseed (Am. red)., ** 37 0
37 0
37 0
37 0
26 6
26 6
26 6
Spirits turpentine
*'
26 6
London Produce and Oil Markets.—Linseed oil has advanced
“

1875.

$4,596,059
58,005,090

Since Jan. 1
$56,610,421
$69,398,543
$73,705,006
$62,601,149
The following will show the exports of specie from the port of
New York for the week ending April 3, 1875, and since the

past week.
Sat.
s. d.

1874.

$4,742,056
G8,%2,950

1873.

$5,010,045
G4,387,898

$3,595,19.8
53,015,223

Previously reported

....

....

....

Flour (Western)
#bbl 21
Wheat (Red W’n. spr).# ctl 8
“
9
(RedWinter).... “
“
(Cal. White club) “
9
Corn (W. mixed) # quarter 34
Peas(Canadian). .# quarter 42

EXPORTS FROM NEW YORK FOR THE WEEK.

England has decreased £308,000

during the week.
-

,

...

Eiifflisli Market Reports—Per Cable.

Consols for money
“

our r sport 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 weekending
April 6:

In

6,812

1.265

1873-4.

1874-5.

Oats
Peas
Beaus

349

THE CHRONICLE’

April 0, 1675.1

89,131,700

STOCK

SPECULATIONS

Conducted by us in every form on commission only.

PUTS, CALLS AND DOUBLE PRIVILEGES
Cost

$100 to $2C0, and controls 100 shares of stock for 30 days.
10 per cent during that time,

If the stock

moves

THE INVESTMENT PAYS
The

liability is limited to the
Contracts negotiated through
and on responsible parties,

$1,000.

paid for the contract.
obtained at the best rates in the market

amount

us are

PAMPHLET SENT

FREE,

explaining the various modes of operating, and how the fluctuations of the
market may he beet taken advantage of. Address, for particulars,
TUMBRIDGE & CO., Bankers and Brokers.

Wall street, corner Broadway, N, Y,

THE

350

yU)

The range

(S alette.

Bankets’

c

[April lo, 1875.

CHRONICLE.
of bonds

in prices since Jan. 1, and the amount of each class

outstanding April 1, 1875, were as follows:

April 1.

r-Range siDce Jan. 1.—. ,—Amount
Highest.
Registered.
6s, 1881
reg.. 118
Jan. 5 121# Apr. 9 $193,322,600
6s, 1881
coup.. 113# Jan.
8 122# Apr. 9
7,805.600
6s, 5-20’s, 1862
coup
114# Jan. 2 117# Mch. 25
Apr. 7
26,580,100
6s, 5-20’s, 1864
coup.. 116 Jan. 11 119
33,735,600
68, 5-20’s, 1865
coup.. 118# Jan. 8 121# Apr. 9
57.991.200
6s, 5-20’s, 1865, new,coup.. 117# Jan. 8 120# Apr. 9
88,486,400
coup.. 118# Jan. 9 121# Apr. 9
6s, 5-20’s, 1867
6s, 5-20’s, 1868
..coup..118 Jan. 9 120# Apr. 5 14.142,500
5s, 10-40’s
reg.. 113#Mch. 5 116# Jan. 29 141,421,550
5s,*10-40’s
coup.. 113# Mch. 4 117# Feb. 12
Jan. 29 201,788,300
5s, funded, 1881.. ..coup.. 113# Jan. 2 116

Coupon.

Lowest

NATIONAL B ANKS ORGANIZED.

Comptroller of the Currency furnishes tlie
following statement of National Banks organized the past week :
2,889—Manufacturers’ National Bank of Amsterdam. N. Y. Authorized
capital, $100,000 ; paid in capital, $50,000. Adam W. Kline, President;
Chas. De Wolfe, Cashier. Authorized to commence business March
25, 1875.
V
2,240—Second National Bank of Nashua, N. H. Authorized capital, $100,000;
The United States

Eaid in capital. $50,000. Jeremiahcommence business March 26,1815.
overing, Cashier. Authorized to W. White, President; Walter A.
Authorized to

commence

business March 27, 1875.

Said-in capital, $50,000. Francis Low, President; 30, 1875. C. King,
ashier.
Authorized to
business March Newton
commence

DIVIDENDS.
The following

69,Curency

Dividends have recently been announced :
When
P’able.

Per

Company.

Cent.

hooks (+lo8KD.

(Days inclusive.)
-

Railroads.

April 1 Mch. 2? to April 7
April 6 Mch. 27 to April 7

1#

Dayton & Michigan

2
3

do
pref. (quar)
Lowell & Lawrence
do

on

dem.

-

Banks.

May

8

Germania

1 April 21 to May 4

Insurance.

April 19

Firemen’s
North River

April 10 April 4 to AprilJ)

6

Fkidat, April 9, 1875—6 P. M.

Market and Financial Situation*—The week
marked by any features of unusual importance ;
money has been fairly easy, Government securities buoyant, rail¬
road and miscellaneous securities strong on a more moderate
business, gold steady, and foreign exchange about up to specie
The Money

has not been

On call loans the rates have ranged from

$55,000 Louisville
cent

to

minimum
decline of
£308,000 in bullion for the week. The Bank of France showed a

Loans ana die.

Circulation....
Net

deposits..

Leval tendcre.
United

9,005 500 Inc.

8,282,8 '0

21.438,500 Dec.
21,531,800
214,724,500 214,876,100 Inc.
51.899.500 49,836.800 Dec.

states

6s Tenn., new s...
6s N. Car.,old....
68 N. Car.,new...
6b Virg., consolld
do
2d series,
bs S. C., J. & J• •»
6s Mo. long bonds

•

U. S.6s. 5-20’b, 1865,
U. S.6s, 5-20’b, 1867
U. S.5s, 10-40’s
New 5«

old

..

2.

0.

107#
107#

107#
107#

108#
107#

Since Ja n. 1, 1875.
Lowest.
Highest.

103

103

103

103#

103#

103#

Closing prices daily have been as
Int.

period.

,

107#
107#
102#
102#

Jan. 2
Mch. 19
Feb. 13
Jan. 16

108#
f08
105#
103#

Apr.
Jan.

Feb.
Jan.

*

This U the




price bid ; no taU was made at the

*120#
121#
*115
*117#

Board.

•

•20#

-

•

*106
*! 11
*109

‘59#

*.8

113#
99V
18 V
96#
9 #

•20V

•10

•60**

ICO

*42

•

•

•

•60
*40

Highest.
55#

27

29
16

2:
7

26
2:
20

6'#
36

85
14 ;oo

*3i# *31# *31#
99 V •93V
9<#
118# *113# 113V ill V Jan. 18
6 loo
9 lh Jan.
9 i#
»9V
99#
90
Jaw. 6 99
93 V
93 V
98#
fc loo#
90
Jail.
96#
»«# •9 6#
92
92
92# 80# Jail. 5 ,‘■2#

J1*

*

06

101

....

115*

*112# •115

•ilO
*110
•LIO
*107# »U)7# 107# 107 V
81#
85#
34#
85#

bid. no sals was made ai the

following table shows the

April 8, also tlie prices less
vided interest is re

Jan. 11

105

106#

115
7 no

107# Feb.
106# Jan.

1

5

llH

1

Jan.

79# Mjh.

86

Board.

prices of some leading securities

accrued interest or “ fiat,” the per¬
their cost, and the approxi¬

interest in five years, pro¬
invested semi-annually immediately on its

In the case of gold bonds, the price is first
gold and all the subsequent figures given in gold.

payment.
v

0
4
6
2

April
'9.

*!20# 129# 121#
122#
*121# 122
*115# *115# *115#
*117# *117# *118
*117#
115# *115# *115# *115#
118# 119
119 *119#
*116# *116# 116# 116#
*120# *121
121# 121#
*120 *120# .... *120#
6s,5-20’s,1865 n. i.,coup.. Jan. & July. 119# 120
120# 120# 120# 120#
6s, 5-20’8, 1867
reg..Jan. & July. 119# *120# *120# 120#.*120# *121
6s, 5-20’s, 1867.... coup. .Jan. & July. 120
120# *1*0# 121
121# 121#
68. 5-20’e, 1868
reg.. Jan. & July. *120
*120# *K0# *120# *120# *!2l
6s, 5-20’s, 1868
coup . Jan. & July. *120
120# *120# *!20# *121 *121#
reg. . Mar. & Sept. 114
*114
5s, 10 40’a
114# 114# 114# 114#
5s, 10-40’s
coup..Mar. & Sept. *114# *115# 115# 115# 116
116#
5s, funded. 1881
reg ..Quarterly. 114# 115# *115
115# 115# 115#
5s, funded, 1881, ..coup....Quarterly. *115
*115# 115# 116# *115# 115#
reg.. Jan. & July. *119# *119# 120
120 *119# 120
1881
reg..Jan. & July. 120
!20#
1881
coup..Jan.&July. 121 *121#
5-20’b, 1862
reg..May & Nov. *114# *114#
5-20’b, 1862
coup..May A Nov. *117# *117#
5-20’8, 1862,Called Bds..May & Nov
6a. 5-20’e, 1864
reg..May & Nov. *114# *114#
6s, 5-20’s, 1864
coup..May «fc Nov. *118# *11h#
6a, 5-20’e, 1865
reg.. May & Nov. *116
*116#
coup..May & Nov. *120# *120#
6s, 5-20’8,1865
6s, 5-20’s, 1865, n. i., reg..Jan. & July. *119# *119#

6s,
68,
6s,
6s,
6»,

99#
113V
99V
98V
"98#

•

•20#

•

Jail.
Mch.
20
Jan.
16
55# Jan.
Meh.
36
Mch.
30
94# Jan.
41

cent of interest realized per year on
mate accumulation of principal and

follows :

April April April April April
3.
5.
6.
7.
8.

.»i

"98

•

*60
*39
*31

*39#

This Is the Drice

The

little either in buying or selling.
Closing prices of securities in London have been as follows :
April

•69*’

•

done very

April

eo V;

•

9.
•51

8.

52

•20#

*20#

-Since Jan. I

April April

2

■

98#
Un Pac., 1st 6s...
L’dGr’tTs
do
M#
92
92
do
S. F. 8s..
•106
106#
Erie 1st M. 7s
•ill
N. J. Cen. 1st 7s.. "111
Ft Wayne 1st 7s.
107V 107#
Rock Isld 1st 7s...
85 V
85
C. & N.W. gold 7s

remarkably strong and active, and prices show au important ad¬
vance on last week.
The principal purchasers have been the
financial institutions, trustees, and similar conservative buyers ;
in two separate instances we heard of round lots exceeding $1,000,000 each, being taken by one party. Foreign bankers have

Mch.
25.

118 V
99

"51

•

C.Pac.,gold 6s...

been

securities have

5>#
’20#

N.Y.C.&H. Ht7s

1873.

April 5.
April 4.
$501,800 $291,113,700 $273,534,000
1,382,700
24,045,600
15,664,400
96,300
27.715.800
26,804,600
151.600 237.491,40.) 187,687,000
2,062.700
56,9 53.100
34.940.500

Bonds.—Government

7.

6.

Differences.

$279,052,800 $270,554,600 Inc.

Specie

April April April April

1873:

April 3.

Mch. 27.

55

bonds, and the range

Daily closing prices of a few leading
since Jan. 1, have been as follows

changes from the previous week
1874.

873;i@87#

interest bonds

specie.
The last weekly statement of the New York City Clearing
House Banks, issued April 3, showed an increase of $ 717,900 in
the excess above their 25 per cent, legal reserve, the whole of
gucli excess being $5,783,275, against $0,501,175 the previous
decline of 580,000 francs in

-1875.-

*& Nashville Railroad Company 1st mortgage 7 per

Consolidated bonds

$35,000 Hannibal & St. Joseph Railroad Company 8 per cent consoli¬
dated mortgage bonds
84#'@87
$15,001 New Orleans Jackson & Great Northern Railroad Company 1st
96#
mortgage S per cent bonds
".
$10,000 New Orleans Jackson & Great Northern Railroad Company 2d
mortg tge 8 per cent bonds
88#
$25,000 Mobile & Ohio Railroad Company 1st mortgage 8 per cent ster¬
ling currency bonds
...
.
63@71#
$10,000 Mobile & Ohio Railroad Company arrearage interest 8 per cent
mortgage bonds
66®67
$55,000 Mlantlc & Gulf Itsilroad Company 1st mortgage 7 per cent
consolidated mortgage bonds..
71@73
$115,000 Boston Hartford & Erie Railroad Company 1st mortgage 7 per
cent h aids, guaranteed by the Erie Company
35@36
$5,000 Mobile & Ohio Railroad Company first mortgage eight per cent

On Thursday the Bank of England did not change its
discount rate from 84 per cent., though showing a

week.
The following table shows the
and a comparison with 1874 and

few

91@90#
97#
72#@75#
70

mortgage registered coupon bonds
$25,000 St. Joseph City 10 per cent Bridge bond*.
$30,000 Eva sville City 7 per cent bonds, due 1900
$10,000 Mobile City 8 per cent old bonds

4 to G per

grades the quotations are

53.144.750
177.638,150

Haute Railroad Company preferred 2d

$i0,000 St. Louis Alton & Terre

to-day paid 4
demand,

cent.; for prime

23,831,500

sold at auction this week :

were

cent., with plenty of money offered to Government dealers, during
the past few days, at 3 per cent. Stock borrowers
to 5 per cent.
For commercial paper there is a better
and in one transaction a bank took some $600,COO of dry goods
paper at 6@7 per
G£ per cent.

*

bonds, but quotations for Tennessees and Virginias continue strong.
Missouris have been
tolerably active and also ttrong. . It is reported from the State
that the authorities have decided to issue the new bonds in a
five-twen y five per cent, gold bond.
This decision seems some¬
what remarkable, in view of the fact that the State now has a
considerable amount of bonds outstanding, which are payable by
their terms “in gold or silver,” bat which she lias for some time
past refused to pay except in currency.
Railroad bonds have been strong and tolerably active. There
is a well-distributed demand for nearly all tlie sound bonds for
investment, and an inclination to speculate in some of the favor¬
ite issues, notably this week in Chicago and Northwestern Consol
Gold Bonds, which sold up to 86 and back again to 84£.
Interest
of 3^ gold is due on these bonds, June 1, and they now carry,
therefore, about 3 per cent, of accrued interest, in currency. The
Pacific Railroad issues, both Central and Union, have been largely
dealt in, and prices strengthened by the increase in earnings,
which these companies exhibit in their published statements.
The following securities, seldom or never sold at our Board,

shipping point, though not particularly active.
In tlie local money market appearances favor the idea that rates
will be reasonably easy from this time forward. Currency is on the
return from the country, and it seems more than probable that the
supply of loanable funds will soon be very abundant in this
quarter.

144,671.900
222,136.350

transactions in Southern State

Authorized capital, $50,000;

2,242—Havana National Bank. Havana. Illinois.

32,712.700

118,748,750

6s.Currency
reg.. 117# Jan.
4 120 dan. 30 64.623.512
State and Itullroad Bonds.—There
have been very

2,241—German National Bank of Millerstown. Pa. Authorized capital, $50,000;
paid in capital, $50,000. Charles Duffy, President; John Walker,
Cashier.

89.413.750
95,361,950

Int.

Bonds.

period.

Price

Apiil
8.

Price
■
flat.'

San J. Val. let m.
do Cal.& Oregon 1st in.
West. Pac. 1st m. 6’s gold
do

Int.

$1,000

per

lation.

bond.

year.

5 years.

In

gold,

*104# *$1,015
121# *103# *1,03

122

+115
105

107#
+98

84#
99#
80

g.. A.&O.
g’d 6e J. & J.
J.&J.

+87#

J.&J.

98#,

+93

A.&O. +96#
92
M.&S.
J.&J. +110
J.& J. +96#
A.&O. +78

*1,003

118#
104#
111 %
118#
104#
105#
06#
*71#

1,182
1,046
1,116
1,137

*85

*74#
*74#
*79#
*84#
96#
91#
108#
94#
77#

1.048

1,056
967

*711
*85(
*746
*745
*792

*842
962
911

1,081
918
778

*$1,313
*1,313
*1/280
1,343
1,410
1,410
6'14
1,410
6 66
1,410
6 60
1,410
7‘2l
1,410
*985
♦1,410
*7 05
*1,343
*1,343
*8-00
*8.10
*1,343
*7-59
*1,343
*7 11
*1,343
7 29
1,410
8-79
1,479
648
1.410
7.36
1,410

*5 76
*5 70
*5 00
5 0^
6 66
625

897

1.410

t Price bid.

Railroad and Miscellaneous
ture of the

*!0i'?£

11(1

1119#
+ 106#
+ 113#

6*s

Un. Pac. lstm. b’s gold
do. land grant 7’s
do. sink, fund 8’s
Fort Wayne let m. 7’s
Ohio & Miss. lstm. consol. 7’s..
do 2d ra.
do.
do
7’s..
*

J.&J.
J.&J.
M&.S.
J.& J
J. & J.
J.&J.
F.&A.
quar.
J .& J.
F.&A.
J. &D.

Acc’mu-

Cost of

•

U. s. bonds of 1881. 0’s gold
do
5-2()’s of ’67, 6’s gold
do.
ten forties, 5’s gold
do.
Pacific issues, 6’8 cur
N. Y. State Bounty Loans reg. 7’e
N.Y.Cen. & Hud. mortg. 7’s coup.
Cen. of N. J. Mort.b’ds ’90,7’s
do.
Consol 7’s
Chic. & R’k Iel. 1st m. 7’s
Chic.&N. West. lstm. 7’s, 1885...
consol, mort. 7’8 guld—
do

reduced to

Stocks.—The

stock market has been the

principal fea¬

continued steadiness

with

prices have been maintained on a more moderate business.
There has been much less excitement and less viol ent fluctuation
which

April 10, 1875.]

general tone has been strong and the advance of the two
previous weeks has been more than maintained. Union Pacific
but the

has again advanced,
last Friday. Western

356. 1 4#

THE CHRONICLE

351

-Quotations.Total
Open- Low- High- Clos¬
Balances.
Gold.
ing. est. est. ing. Clearings.
Currency.
Saturday, April
114# 114# 114# 161,332,000 $1,867,846 $2,291,350
Monday,
114# 114# 114#
41,459,000 2,073,950 2,317,604
Tuesday,
“
.114# 114# 114# 114#
38,181,000 1 939,350 2,337,788
7 ...114# 114# 114# 114#
Wednesday, “
33,455.000 1,633,547 1,946,510
Thursday, “ 8 ...114# 714# 115
115
23,526,000 1,645,633 1,908,588
9 ...115# 115
Friday,
“
115# 115
39,100,000 1,454,092 1,730,218

and closes about 4

per cent, higher than
Union Telegraph, after declining to 76f. re¬

covered sharply, and closes at 78, nearly the sitne as in

,

our last
report.
The United Sates Supreme Court at Washington
bas reversed the decisiou of the lower Court in regard to the tax
on
the famous 80 per cent, scrip dividend on New York CenOurrentweek
114# J14# 115# 115
$237,053,000 $
$
’tral stock in 1868, and holds that the dividend was properly sub¬
Previous week
116# 114
117
114# 535,678 000 2,137,780 2,465,606
Jan. 1.1875. to date...112# 111# 117
ject to the income tax. The Toledo & Wabisli Company to-day
115
notified the Stock Exchange that the transfer books will close
Foreign Exchange.—Exchange has been decidedly strong
April 27 for the meeting ot stockholders at Toledo, May 12. This though we can hardly say buoyant, as that term would imply a
meeting is for the purpose of considering the measures recom¬ more active business than has actually been done. Commercial
mended by the directors for the financial relief ot the company.
bills have been scarce, pirticularly cotton bills, and bankers bills
Pacific Mail and Panama have been the subject of various nl*o in small
supply, with the exception of a few lots from San
reports as to the settlement of rates for dividing their business, Francisco. The demand for exchange has been
quite moderate,
and the directors will meet again to-morrow to consider the and when bankers advanced their rate
beyond specie shipping
subject. Taken altogether, the stock market lias been strong, point, say 4.90(a)4.90£ for short sterling, they found that the inquiry
and the temporary reactions, after the late upward movement, have from
purchasers was hardly sufficient to support it. To-day,
been less than usually occur alter so considerable an advance in actual business has
been done at about 4.854 for 60 days sterling.
prices.
The revised rates for foreign exchange are as follows :
For the purpose of showing the total transactions of the week
April 9.
——>
fiO days.
in the leading stocks, we have cDmpiled the table following:
3 days.

6
7
9
Pacific
Mail.

Apr. 3
{‘
“

“

“

“

5
(i
7
8
9

.

:..

.

.

.

..

Lake
Shore.

3,500
fi,C>00
11,8)0
3,000
22,900
31,100

94,800

70.100

82,(100

33,800
40,700

Total
..377.300
Whole stock. ..200,000

84.900

-

494,665

West’n Chic. &
Union Ohio &
Union. N’west. Erie. Pacific.
Miss. Wab.
3 ',700
5.400 21,400 56 500
7.00J
2,600
29.200
5,900 30,000 5",4 )0
7.200
3,000
71.700
2,100 15,000 44,100
4,400
2,400
35.200 -=3,900 32.100 22,000
4,0 K)
7,700
62,400
1.20.)
5,700 16,800 32 600
2, (0)

28,000

5,4J0

11,2.0

29,100

2,500

2,500

261,200

28,400 126,800 213.000
317,856 149 930 780,(.00 367,150

27,500 19.400
200,000 150,000

The last line in the preceding table shows the total number of
shares of each of the stocks, now outstanding, so that it may be
seen at a glance what
proportion of the whole stock has been
turned over in the week.
The

daily highest and lowest prices have been

follows:

as

Saturday, Monday, Tuesday. Wednesday, Thursday, Friday
Apiil 3.
April 5
April 6.
April 7.
Aprils.
April 9.,
M.Y.Cen.&H.R. 100# 101
100# 101'
1<0# 101# 101
101# ioiy 02
toi# 102#
Harlem
130# 130# *130#
131
131
*131
131
13.)# H0# *i30
Brie
30# 31#
29
30
30#
28# 29#
28# SO#
30#
29# 30
Lake Shore....
71
73# 7l#
:3# 73#
73# 74#
73# 73#
75#
74'V 75#
Wabash
.'
15
15#
15#
15# 15#
15# Iti#
r»* i>#
is# 16
Northwest
41# 45#
45# 45#
44# 45#
44# 45#
45# 45#
4 .‘>>4 45#
do
5 >4 54#
pref. 5 3
58
58
58
58
5S#
58# 5s#
53
53
Rock Island
U6# 106# 106
106# xll)2# U 3
102# 102# 1023fv 103 # 103# 1"3#
St. Paul
38# 38#
38# 39#
39
39#
38# 3i#
39# 3'#
39#
no
nref....
5> £ 59
56# 56#
57
53
58
59
59
58#
58# 53#
At.& Pac.,pref. 15
11
15
14
14
14#
Ohio & Miss...
28# 29#
28# 29#
23# 28#
2S# 29#
23# .8^
23#
Central o; N.J. 112# 112# xllO
111
111
110
*110
112
1(3
113
113
De!.rL.&West’llO# .... HI# in# U2 112
115
112# ;u
1.3# 115# 115
Han. & St. Joa. 28
28
28#
28#
27# 28#
21 % -8#
27# 27#
27# 23
Union Pacific..
67Y 69#
69
71#
69# 71#
70# 71
70# 71#
71# 72#
Ool.Cldc.&l.C.
6
6#
tiu
6# 7
6#
6#
6#
6#
6#
6#
6*
Panama
*118
121
121
121
121# 120 120
120
120
121
xllO ' 119
78
West, Un. Tel. 77
76# 77#
76# 78#
77* 78%
77,# 78#
•7# 7S#
At. &Pac. Tel.
24# 2i#
24# 24#
24# 24#
21# 2;#
2i# 28#
25# 2.!*
23
23
25
24# 25
QulCKSilver.... 25
24# 24# *20
do
*30
33
•31
S3* ;:o
33
30
pref. 32
33
*31
*...
31
Pacific Mail.... 43# 45#
43# 45#
42# 41
43# 44#
41# 43#
43\ 41#
1* 3# 103#
Adams Exp....*103
105
104 101 *103 104
1(2
103
103# 101
American Ex.. *63# 64
61
64
61
63# i,3# *64
61#
64# 6 L#
United States.. *61
*(1
63
*61
63
63
*61
«1 # 61#
61#
88
87
Welle, Fargo.. 37# 87# * ... 87# 87# 87# *87
87# 87# *86

(

Primebankere’sterling bills

4.85#^4.86
4.89#@4.90
4.85 ©4.85#
4.89 @4.89#
4.84#@4.85
4.88#@4.89
5.18#@5.17#
5.15#@5.14#
Antwerp (francs)
5.i8#@5 175.15#@5 14#
Swiss (francs)
5.18#@5.17#
5.15#@5.14#
Amsterdam (guilders)
41#@ 41#
41#@ 41#
Hamburg (reichmrks)
94#@ 94#
95#@ 95#
Frankfort (reichmarks)
94#@ 91#
95#@ 95#
B omen, (reichmarks)
94#@ 91#
S5#@ 95#
Prussian (reichmarks)
94#@ 91#
95#@ 95#
fus transactions tor the week at the Custom House and ISub:Treasury have been as follows:
Custom
-Sub-Treasnry.House
Receipts.*
Payments.Gold.
Gold.
Receipts.
Cnrrency.
Ourrency.
$301,000 $1,041,883 30
$603,028 71
April 3
$109,407 59 $670,730 95
505,000
872,662 78
430,156 92
48,396 70
1,063,002 67
London good bankers’ do
London prime com. ster do
Paris (francs)

,

401,000
491,000

417,092 46
916,984 14

461.000

567,706 36

268,000

536,113 73

91,353 65

676,950 78

2,184,206 34

903,777 67
963,412 68
581,278 93
746,088 79

1,105.404 33
b65,352 96

37,350 47
87,377 00

585,468 80

...

.

Total
$2,430,000
Balance. April 2.......
Balance. April 9
JNewYork City

4,352,442 77 4,277,743 50
55/143,458 39 42,790 834 65
57,154.79.) 39 42.301.717 66
Banks.—The

,

•

•

.

...

....

*

This Is the price hid and aske I: no %alt was made at the Board.

The entire range

from Jan. 1,1874, to this date,

was as

follows.

Jan. 1,

1875, to date—
Lowest.
Highest.

N. Y. Cen. & liud. R...100#
eh.
Harlem
127,# Jan.
Brie
23# Feb.
Lake Shore
72# Feb.
Wabash
10
Northwest
38#
do
pref
51#
Rock Island.
102#
St. Paul
32#
do
..
pref
51
Atlantic & Pacific pref. 12#
Ohio & Mississippi
24
Central of New Jersey .105#

Feb.

Mch.
Mch.
a or.

Feb.
Mch.
Feb.

Feb.

Jan.
Del., Lack. & Western.106# Jan.
Hannibal & St. Jo
18# Jan.
Union Pacific

Col., Chic. & I. C
Panama
Western Union Tel
Atlantic & Pacific Tel..

Quicksilver
do

pref..
Pacific Mail
Adams Express.
American Express
United States Express.

Wells, Fargo & Co

36

J*m.

4# Feb.
110# Jan.
70# Feb.
19

Jan

23

Apr.
Apr.
30# Feb.
98 Jan.
30

62# Jan.
56# Feb.
79# Jan.

103
131

Mch.
Mch.

■Whole year 1874.—
Lowest
Highest.

95# May 19 105# Mch. 11
118# Jan.
Dec.

7 134#
10 51#
19 84#
29 55#
15 62#
10 78#
19 109#

35#
80#
21#
48#
62#
106#
40#
59#
17#
32#

Mch.
Jan.
Jan.
Jan.
Jan.
Mch.
Apr.
Jail.
Jan.

67# June
18# Dec.
34# July
51
Sept.
92# June
31# May 18
4S
May 5
10# Sept. 3

Jan.

21# June 17

113

Mch.

98

115#
30#
72#
9#
121#
79#
29#

Apr.
Mch.
Apr.
Jan.
Mt h.
Tan.
Jan.

101
68
14

Apr. 20
Apr. 24

Jan.
Jan.

29

June 29

35
44

45# Apr.
101# Mch.
65
65

Jan.
Jan.

87# Apr.

26

lb

15
16
16
9
9
Feb. 9

49# Jan. 10
74# Feb. 9

22
36

3
2

109#
99
Jan.
172#
22# Sept. 7 34#
23
June 17 38#
8
Sept. 3 32#
Jan.

Feb.
Jan.
Jan.
Jan.
Jan.
Feb.

118

Feb. 16
Jan. 10

Feb. 10
Feb. 10
Jan. 12
Mch. 30
Mch. 3)
Jan.

9

83# Dec. 10
Aug. 25 20 Nov. 7
22# Apr. 28 36# Nov. 24
48

33# Doc. 21 51#
92# Jan. 13 120
58# Jan. 2 65#
60
Sept. 28 73
69# Jan. 5 84

Nov. 27

Sept. 30
Nov. 13

Dec.

1

Feb. 9
Nov. 30

The

Gold; Market.— Since the break in the
speculative
movement last week gold has been quiet, fluctuating within a

moderate range, and having a firmer tendency towards the close
The volume of business has been moderate, and nothing is said

of any

prospective attempt to corner the market again, although
be assumed that if circumstances offered a good oppor¬
tunity the parties would probably be found to attempt it. The
higher rates of exchange have been an important element this
week, and at one time it was thought that specie would be
shipped to a moderate extent; it appears, however, that the
rates of exchange were not held quite firmly enough for this
On gold loans a moderate price has been paid most of the time
for carrying ; to day the terms were 2, 2-£, 3, 4 and 3-J percent for
carrying, and also fiat.
Customs receipts of the tveek were $2,430,000.
The following table will show the course of gold And
operations of the Gold Exchange Bank each day of the past
it may

week:




shows

the condition of the Associated Banks of New York City for the
week ending at the commencement of business on April 3, 1875:
AVBBAGB AMOUNT OF

Capital.
$3,000,000
2,050.001.
3,000,000
2,000,000

Banks.
New York
Manhattan Co..

Merchants’..:..
Mechanics’
Union
America
Phtenix

Loans and
Discounts.

3,000,000
1,800,000
1,000,000
1,000.000

City
Tradesmen’s
Fulton
Chemical

600,000
300,000
I,1000,000

Merchants’Exch’ge.
Gallatin, National..
Butchers’&Drovers’
Mechanics&Traders
Greenwich
Leather Manuf
Seventh Ward
State of N. York
American Exch’ge.
Commerce

1,500,000
800,000
600,000
200,000
600,000
300,000
2,000,000

5,000,000
10,000,000

1,000,000

Broadway

1,000,000
422,700

Mercantile
Pacific

2,000,000

Republic

450,000

Chatham

People’s

Irving
Metropolitan

5(0,000
4,000,000

2/21,OCO
11,83 '.300

I,'>00,000

Continental
Oriental

1,590,0(0
390,000

..

2,537/00
4,303.000
2,901,90c
3.855.800
1,561,000
2,471,51.0
14.471.300
14.414.300

400,000

Marine

1,500.000

Importers’* Trad’rs

2,000,000
500,000

park
Mech. Bank’g Asso.

Grocers’
North Itlver

300,000
400,000
350,000
300,000

East River
Manufact’rs’* Mer.
Fourth National....
Central National...
Second National....
Ninth National.
First National
Third National
N.Y.National Exch.
Tenth National
Bowery National...
New York Co. Nat.

5,000,000
2,000,000
3 )0,00U
I.500.1CC

...

34,000
21,800
63,;00
48, (X 0
56,000
3 >.000

66,600
6.400
243.100

163.300
147.100
42.200
19,000
17/00
10.100

1,123,000
765,100
932.400

.

1,017,500
821,890

19,394,7U0
7,174,000
1,947,000
6.540.300

65.700
122.8‘JO

563,0t0

1.235.500
1.220,000
4.345.300
2,108,703

3,100

1,030-000

643,700

3,3t?,SOO

756.700
2.307,600
880,800
469.710

474,000

1.859.500
3,142,300
3,l-7,2(0
954.900

787, iuO
150.100
5,500

15,ICO
104,301)

62,100
11.COO

$454,000
9,700
6f9.700

404.300
270.900

1,200
451,200
735.700

436.700
468,3(0
20 >.'(0

190.709
2,700
232.900
171,400

3,029,000
101,700

231.500
812.600

424.900

2,173,90U
3.069,300
2.409,000
8.067,600
1,4 6,700
2,104/00
1.703.900
1,169,000
2.893.500
1.495.500
2,7 7,200
l,i 84,700
2,364,000
15,092,400
16,95’. ,500

2*9*1, i 00

238/00
161.600
16 ,400

1,03:3,900
773,000
728,200
659,500

300,300

181/00

681.100

348.300

3.666.200
4,296,100
331.400

1,800.000

5.615.300
1,470.200
1.977.600

Dry Goods

3.437/ 00
7.242.100
7.666.900
8,001,400

9,000

1,900,000

German American.

616.900
203.400
1.119,900
1.758,300
2.955.200
652,000

1.814.200

3 176,500

4,439,000

250,000
200,000
2,000,000

S59 400

375.200

oCO
426.900

590,(00
500,000
1,000,000

102/00

678,009
1,708,'00
4! 3,300
1,883.000
317.900

412,000
745.600
467,000
931,000
327.500
276.100
367,000
293.600
650,000
238,(X0
585,000
199.100

1,179,000

1,601.600
2.327.500
2.315.600

6UO.OCO
1,000,000
1,000,000
1,000,000
1,000,000

Citizens
Nassau
Market
St. Nicholas...
Shoe and Leather..
Corn Exchange

611,800
441.000
444,000
260.200

i ,049,200
‘

103,200

45.900
12,500

Deposits
$7,574,100
3.58 i,700
7.410.200
4,33 5.700
3.037,500
6.586.200
2,650,0 0
5.444.100
1.921.100
1.214, 00
6,96*,900
2/85,610
1.964.100
1,835,000
1,099,700

43.900

2.588.900
3.631,000

1.000,000
l.000,0('0

$940,200
475.600
2,<S >,190

.

Circula¬
tion.

Net

Tenders.

700

1.300.900

412,500

.

North America
Hanover

Legal
Specie.

$ 9.392,300 $1.388/00
290.600
6,032.600
8,819,000
238.100
6,427,00'
131,700
98.200
4.791/00
9, 119/UO
539,500
22 .'.000
3/38/00
5.699.800
581.900
210,SCO
3.463.400
141/00
1.744.900
8.174,700
144.900
3.715.100
8,000
235.100
3.898.400
S3,0vi0
‘2,513,000
] ,8’>2,900
19.100
975,300
247.200
3.873.900
32.100
1;078,800
174.300
5,039,000
11,710,000
361.600
179.300
19.866.300
126.200
5.483.100
62,600
4,1.;5,7(’0
2,0.0,600
8,11)0
473.900
5,437,70U
62,600
2.908.800

1,500.000

.

,

4,766,910 49

following statement

...

....

2,561,101 75

169,500
285,800
132.2C0

3.900
225,010
637.300

755.700
4.900
573.100
4.000
278 000

4.8,000

14,288/00
6/27.000

131,900

2,619,000
1,433.(00

400,000
1,487,' 00
1.278.400

1,612,OCO

265,0(0

6,0'.3,800

595 20(1

916.1)00
227,590

5.939.600

281.500
213.600
278,0(0
861.600
324,600

5,742,800

41,300
49,400
267.100

1.902.600
901,800

886 500

865.900
973.000

220,000
180,000

3.640.100
1.614,000

Total
$81,435,200 $273,55 l.fU > *9.665.50 ' $49,836,300 #214,876.100 $21,438.5(0
The deviations from the returns of the previous week are an
follows:
Loans
Inc. *501.8 >0 I Net Deposits.
Inc. I151.6C0
96,300
Specie
Dec.
Inc. 1,382.70j Circulation

Legal Tenders

The

following

Dec.

are

Loans.
Jan. 3.1.... 286,452. 00
Feb. 6.... 2d.197.700
F<d>. 13... 293,111,‘200
Feb. 20... 294,850,109
Feb. 27... ‘292.917.(100
March 6.. 292,505,300
Marcti 13. 288.416.000
March 20. 283.353.100
March 27. 2:9.052.800

April 3,.

279,554,600

2,062.7K) I

the totals for a series of weeks past
Clrcn-

Legal

Specle.
i7.P0.600
15.162.400
1.4,894 300
12,654 /00
15,921.800

13.305,100
7.075,900
7,268.800
8,2*2.800

9,665,500

Tenders.
57.861.600
57.2:5.40 0
56.647/30
51.392,800
51.900.600
50,159.900
51,342.900
52,13!,800

Deposits.
236.191,200
238,123,2(0
233.832.300
236,223,800
233.607/99
230.110.909
223,501.200
218.419.300

51.899.500

‘214,724,500

*9,836,800

214/76,:00

latlon.
23.801,600

2 3.642,200
5M.512 900

22/8 (.400

22.492.5(0
22,410.100
22.229.(00
‘41.231.900
21,534.800

21.4:18.500

Aggregate

Clearings.
436.580.082
639.951.4*10
430/0# *21
437.489 084
345,867,006

487,189,872
507.342/47
425.078.449
419,438.325
602,713/ 36

Holton

Uanli*.—Below

of the Boston
the Clearing House on Monday,
give a statement

we

National Banks, as returned to

April

o,

Banks.

1875:

$1,511,200
3.UK),900
4,447.200
2.254,200
l.B56,(.00
2V4,6UU
l.i 13,300
2,582,600
2.038.200
2,416.2(0

$750,000
1,500,000
2,000,000
l ,000.000

Boston

600.000

Boylston

200.000

Broad waj

500,000
1,000,000
1,000,000
t ,000,000

Central
Columbian
Continental
Eliot

Massachusetts
Maverick
Merchants.
Mount Vernon
Now England
North
Old Boston
Shawinut
Shoe & Leather

1,000.000
900,000
1,000.000

600,000
2,000.000

First

Sicond (Granite)...

1,500.000

1 000,000
1,500,000

1,179,703
955.100

16.400

8/00

265.700

1,313,000

613.100

61.300
7.700
12.100

229.100
207.000

1.085,9(0

32!,3(.K'
573.200

181.700
81.200
183,91 0
81.500

1,025.800
6,061 3''0

.

2.675).500

10,5100
8,500
14,000
57.400
4,200
1,600
50,300
33.200
6,500

4.100

6,925.900

107.700
203,5(0
538.100
543,600
165.500
389.11 0J
156,700

'■

5,410

3,o66

•35S.U0U

5.700

1.2 K)
60,800
2.700
5,100
2,-2( 0

112.300
2)2.800

015.100

801.4' 0
2.7' 3,400
2

Feb. 23

...

1
9
15
22
29

...

....

...

...

...

5

April

1,759.800
1.175.600
1.2M»,9'.i0
1,170,100
301,500

131.570.200
131.SS7J 00
131,810.900
1.32.171.100
133.6IL200
133 965.900
132.516.KK)
131,855,100

...

...

69.3.40')

533.700
516,200

6 54.700
8 49,400

766,5{!0
359,5(0
667.500

1,656.300
975,4 ro

1.438,100
813.800

180.0( H)

5 94,600

5S9.6i»o
463,800

1,091,200

95,600

$52/62,700 *24.584 900
April 5, le $22,;68,70o.

fol lows:

weeks past:Circulation
Deposits.
51.411.600
54,7 60.200
52.768.7(0
52.333.700
51,85'.400

24.210.30o

24.143,500
21.090.210
24.133.300
•4.310.5)0

'50.731.900
51,161,200

24.214,400

52,862,700

24,581,5)00

21,443,100

is the average

Philadelphia Banks.—The following
dition of the Philadelphia National Banks

con¬

for the week ending

Monday, April 5, 1875 :
Capital.

Loans.

Specie.

$ 1.500.00C

Banks.

Philadelphia...

$5.22 1,000
4/9 1,000
5,916.200
2,578,000
2/HV3)
2/02.000

$37,000

1,000,000
North America
Farmers and Mecli. 2,000,000
810,000
C Mumercial
800,000
Mechanics’
500,000
B ink N. Liberties.
250,000
Southwark
25U.OOO
Kensington
500,000
Penn
.

1 280 9

,

29.4(6
3.5' 0

Manufacturers’....

1,000.000

Bank of Commerce

250,000

2/0)

1,000.000
.

Commonwealth.
Corn Exchange.
Union...
First

Sixth....
Seventh.

Binkof Republic.

-

363
9,000

2-6,000
131,670
855,000

O.OOJ

3)5.000

$3,735,000
3, OS 1,000
4.5)70.200
1,636,000
1.317,50)
2/15,000
1/56,5)5)4
6*7,833

$1,000,000

85).715

161,100
209.30.1
532,0,0
203,725
600,000
175.000
270,000
352,465
213,000

.39) 000

29,666

1

30U
...

I,085.000
4/12.000

92,000
114.000
239,000

.

360.000

10,000

2.1-50,000
671,000

....

$138,292

$14,956,071

450.001)

357,00i
791,50(1
257.490
185.1 km
216,3:0
242 0.0

941 000

525,000
790,009

404,000

361.000
112,000

....

$16,435,000 $50,710,767

,;-3 i.OOO
313.000

1S3,000

.$47,326,835 $11,347,650

of previous week are as follow*:
Inc.$1.3'2,867 • Deposits
inc. $581,099
Die.
6,103 1 Circulation
Dec.
27,9/2
Dec. 1,067.262 I

Tne deviations from the returns
Loans

Specie
Lefitftl Tender

Notes.

STOCK PRIVILEGES.—Alex. Krothingham A Co., bankers, 12 Wall street, quote
prices for the. present for gold and stock privileges as to hows. Double privileges
cost doub.e the amount

-Variations from marketPrice
I’lltS
Calls
below.
for 30 days.
above.

named

Amount

ontrolled.
each $10,009

American gold coin
Western Union Tel. Co
Pacific Mail S. S. Co
Erie Railroad
Harlem Railroad
Lake S. & Mich. South. RR. i o.
Union Pacific Railroad
Chicago & North west, icomm n

$56*25
106
106
100
106

100 shares.
1W
101

100
100
100
1(H)

Chicago & Rock Island

Milwaukee & St. Paul (common
Toledo, Wabash A West. RR....
Ohio A- Mississippi RR
Hannibal & St. Joseph

C.,C. A I. C. RR

“

“
“
“

lW

N. Y. C. & Hudson IMv. RR

WASHINGTON,

k
1’4
I >6

25
25

1
1

106 25
UNI 25
106 25
106 25
106 25
106 25
106 25
106 25
106 25
106 25

“

100
100
1(H)
1(H)
1(H)
1(H)

25
25

D. C

H
Vi
Vi
IX
IX

1?J»

2;X
1-Y
1Y
1Y
1Y

Vi
iY
1 G

1%

IX
1Y

1 k
1'A

1Y
1

Vi

PRICKS.

Bui.; A sk:
Wash. Co.S.bonds,7e,’;5,’;6,’t'7 S3
Chicago Relief hen 8, 1377. ..I ...
Perm.

> 96
Imp., Cs, g. H91
do
7s, 1.891
| 33k
Market Stock bonds. 7s. 1892. J 8S
Water Stock bonds 7s, 1901
J
“

”

74,1903...!

Fund. Loan (Cong ) 3.658. 7924
Water stock 6s 1869
“
“
1874
5 year Cers.,7 3-10, 1875
Ten year Bonds, 6s, ISIS
Fund. Loan (Cong ) 6 g, 1892..




93

‘

to

35

69>.

69X

99k!l0O

2d Mort.,7,1891
Vermont A Can., new, 8s
Vermont & Mass., 1st M. 6,’83
Boston & Albany stock
Boston & Lowell stock.;
Boston A Maine
Boston & Providence
do

92

40

108

•

22
•>

5

do
7s. 7892..
do
Phil.. Wllm. & Bui.,6s, ’84
i’lits., Cin. A St. LouisTs
Shamokin V. & Pottsv. 7s, 1007.

Sunbury & Erie 1st m.7s,’77..

Sunbnrv & Lewiston 7s, 1690..
United N. J. C' ns. m. 6s, 91..
Warren & F. 1st m. <s,’96..
West Chestereons. 7s,’91.. ..
West Jersey 1st m. 6s, '96
do
do 7s,’.397....
Western Penn RR. 6s. 1M3
Wliming.* Read.,1stM.,7,1900
do 2d Mort. 1902
do

142 k
78

142%'
79

5s
7s

90

Certificates, Sewer, 8s, 1874-77.
Water Certificates, 8s, 1877...

74
90

“

105k
.01

Catawlssa
do
do

Lehigh Valley
LlttleSchuylklll

Nesquehonlng Valley

90k, 91k

90k, 92
i

....

22
44

39k

42"

8
15 Y
63
-

16

9k
55%

10
55 k

22 k

2‘2k

r»s%

56k

150
56

Lehigh Navigation..
Morris
do pref

131
50

51k
51k

CANAL STOCKS.

130

40

Westchester contoi. pref
West Jersey

51k

128 k

7%

Schuylkill Navigation

...

if %

RAILROAD BONDS.

Allegheny Val. 7 3-10s. !896
do
7s E. Ext..1910
do
Inc. 7s end.’94
Belvidcre Delaware.1st m,6.’77
.

2d M. 68/85

do
3d M. 6s,’S7
Caunlen & Amboy, 6s, ’S3....
,lo
do
6s, ’89
do
do mort. 6s,’89.
Cam. * Atlan. 1st in, 7s, g. 19(3
2d do 7s. 1830...
do
Cam. * Burlington Co 6-, ’97.
Gape May & Millville 7s
Ghi.hwissh, new 7s, 1900
Cayuga l ake 1st m. g. 7J, 1901
Connecting 6s 1900-1904
Dan.. II. A Wilkes, 1st m..70/87
D laware more. 6s, various....
East Penn, let nort.7s,’88.
El. & W’mspoit, 1st m, 7s. ’80.
do
do 5s, pi.rp
Harrisburg 1st mort. 6s, ’83....
H.& B. T. 1stmort.7s\’90
2d mort. 7s, ’75
do
3d m. cons. 7s,’£5.
do
do

.

1S98...'

93k
84

9;"
92
5)0
98
96

94

34*

94*
io,v

U0
103k 104
104 k

101k
90
10 ik

50

97
80
....

98

63

104
ICO

«...

80
49

5

....

53
10

97

....

101

102
101
104
102
66 x

....

■01 k 102
5)8 k
97 k
....

....

95

80%
i9k
92
78
53
94
77

56 Y

53
90 H
1(S

80

101
07

103k
102
101
101
u

ik 101k

it 2

103

109k
94

105 k 1(6
95k 96
58
89

109
94
93k'

Parkersburg Brand
Ceutral Ohio
do
preferred

CINCINNATI.

80
92
104

Cincinnati 5s...
6s...
7s...
7-308

do
do
do

107

Cincinnati Southern RR. 7.30s
tinm.Co.,Ohlo6p.c. long bds.
do
do
7 p.c.,lto5yrs.
do
do
lg bds,7 & 7.80?

Cov.Bridgebonds, short
s'oek, nref
do

•101
•92
101
*105
110
5)8

bonds, long. p5
Cin.,Ham. & D., 1st M., », 80... 102
i
do
do
‘2d M.,7,'85... 93
1
do
do
3d M., 8,77... U0
83
iCIn.. Ham.* Ind.7s guar
90
iCln. * Indiana, 1st M.,7
78
do 2d M.. 7,1877..
do
95
Colum., * Xenia, 1st M.,7, ’90.
iDayton & Mich., 1st M.,7 81.. £8
!
2d M.,7,’84.. 90
do
do
I
do
do
Sd M.,7 ’88.. 9U
do To’do dep.bds,7,’81-’9t. 95
88
Dayton & West., 1st M.,7,1905.
do
do
1st M., 6, 1905. 7S
75
Ind., Cin. & Laf., 1st M.,7
do
(I.&C.) 1st M.,7,1888 92
93
Little Miami, 6,1883
61
Cin. Ham. & Dayton stock....
Columbus & Xenia stock .... . U2
40
Dayton & Michigan stock ....
1(2
8 p c.

st’k

guar

Little Miami stock
Ch cinnst' Gas. stock

LOUISVILLE.
Louisville 6s,’82 to’87.
do
6s,’97 to’98...
Watci 6s,’87 to ’89..
do
Water Stock 6s, ’97.
do
Wharf 6s
do
do
special tax 6s of ’89.

90

1*4

LS5
12

’

85
94
105
108
103
94

1(3
107
115
ICO
88
1(3
f5
102
65
92
80
97
100
93
91
97
90
81
76
94
94
63

0
204

103
42
103
i(J
2(5

85
85

[6
56

■*5k
85

5 6k
66
66

15

56

£5

Jeff., Mad.® I,lstM.(I*M)7, ’81
do
do 2d M.,7,

S9k
7‘2 k ~3k

do
do 1st M.,7,1906....
LouIsv.C. & Lex., 1st M.,7, ’97..
I outs. & Fr’k., 1st M.,6, *70-'78..
do
Louisv. Loan, 6.'81.
L. * Nash. 1st M. (m.s.) 7, ’77.
do Lou. Loan (m.s.)6, ^86-’8*
do
do
(Leb. Br.) 6, ’86

76
85
87
94
85

do IstM. (Mem. BrlT.^O-’TS.
do lstM.(Leb.br.ex)7. ’80-’S6
do Lou. L’n(Leb.br.ex)6,’9?
do Consol. 1st M,,7,189S....
Jefferson., Mad. & Ind

reg, 1898 103k
:08k
7s. 1910 LI 8
do
con m. 6s, 1923
do
do reg 1923
Little Schuylkll List M.,7,1877. 160
Northern Pacific 7 3-10s. 1910.. iVA 22 k
102
North Penn. Istm, 6s.’85
108"
107
do
2d m. <s, ’96
do
gen. M. 7s, 1903.. 104k
62"
Oil Creek & Ale. R., ccn. 7s/88 61)

do
do

76i<

IWj*
20

do
1st M., unend.. 6. ’90..
2d M.,endorsed, 6,’90. 101
do
183
Baltimore A Ohio stock

do

Su^qivhanra

do
do
do
do

.

.

do

52

River.

Philadelphia & Erie
Philadelphia & Reading
Philadelphia * Trenton
Fhlla., Wilrnlng.& Baltimore.
United N. J. Companies

do

•

West Md,l8tM.,endorsed,G,’9f !0i*
80

j Cin. &

93k

Pennsylvania

do

91k
91 k

3.)
25
b9
41
51

52k

53k

Minehill

do

90k
S0k
90k

50
>2
21
43k

49

Lehigh Valley, 6s,

9.1
9Lk

104

'04
05

New Jersey State 6s, Exempt
< ’amden City 7s
Delaware 6s
RAILROAD STOCKS.
Camden & Atlantic
do
do
pref

v

•

76

,

.

pref.

...

CANAL BONDS

(.

do

.

95
100
Delaware Division 6s, ’73
it on
Lehigh Navigation 6s.'31
ioi*
do
RR, 97....

do
T»
122k 122 Y
do
conv
’8*
156 k 156%
do
g,’94.
conv.
110% il0>/
Burlington & Mo. in Iowa
do
gold, ’97
SO
50%:
in Nehrask;;
do
..
68k | Morris, 1st M.,6,185)7
Cheshire preferred
2d M., 1876
do
.
9kr
9%
Cin., Sandusky & Clev.stock.
do
boat, ’85
Concord
1
Pennsylvania 68,1910
112
Connecticut River
i Schuylkill Nav. 1st in.6s,’97..
Connecticut & Passumpslc, pf
do
2d m„ 68,1907
58% 5Sk
Eastern (Mass )
do
m. 6s. c.. ’95..
48
47
Eastern (New Hampshire)....
do
6s, imp.,’30...
131k
Fitchburg
do 6s,boat*car,1913
Manchester & Lawrence
do 5s, boat & 1 ar.1915
97
Nashua & Lowell
do
scrip
98
96
Northern ot New Hampshire..
Susquehanna Gs
131
13 i
Norwich* Worcester
UALTIUIOKE.
37
38k
•
Ogdens. & L. Champlain
85
Maryland 6s, Jan., A., J. & U.
do
do
pret...
do
112
6s, Delence
i:*k
Old Colony
Baltimore es of ’75
.05
Port., Saco & Portsmouth
1884
i
do
3k
Rutland common
do
19
6s,190C
20k
do
preferred
do
1890 Park f.s
SO* 51
Vermont A Canada
90
Baltimore & Ohio 6a of ’75....
Vermont* Massachusetts..... '89k
do
do
6s of'89...
120>. 127
Worcester & Nashua
do
do
68 of’85,...
PHILADELPHIA,
Central Ohio, 1st M.,6
STATE AND CITY BONDS.
Marietta & Cin., 1st M.,7, 1891
01
Pennsylvania's, coup...
do
2d M.,7,1896
do
.01
do
do reg...
Norfolk Water 8s
105%
10-15,2d.. :03
do
do
North. Cent. 2d M., S. F.,8, ’85
n ik
15-25. 3d
do
do
do 3d M., S. F., 6,190'
do
02
Philadelphia 6s, r 1.1
do Id M. (Y. &C)6,T
do
l'J5k
05k
do
6s. new
do Cons, (gold) 6,1900
do
Allecliany County 5s, coup... 83
Pitts.* Connellsv.,1st M.,7, ’98
60
Pittsburg Is
do
do
1st M.,6,1885
77

Norristown
Northern Central
North Pennsylvania.
Oil Creek & Allegheny

•

....

.

61

Ithaca* Athens g. 7s,’90
Junction 1st mort. 6s, ’85.. ...
do
2d
do
1900...

Fund. Loan (Leg).Cs. g, 1902..
IS. of Slock (132.8) 5s, at pleas
“
(1811)68, at picas
dies. & O. st’k (’47) 6s. at pleas.
Board of Public Works—
Cers. Gen. Imp. 8a. 1874
do
1875......
do
1876
do
1377
do
1878
do
Series.
Cm

9.8

Ogdensburg & Lake ch. Ss
Old Col. & Newport Bds, 7, ’77.
Rutland, new 7s
Vcrm’tCen.,lst M.,cons.,7,*8i

-

1 Y
1 G

,

94

37

Harri9burg Lancaster & C....
Hunting Ion & Broad Top ..
do
do
pref.

69; ,6(6

'

7s. '93 1(5

do

..

equipment 10s
funded debt 7i

220 0 0

906,759
530,415
2.555,000
1.490,000
4,167.000
919,174
451/100
315.000
819.000
4,111,000

157,- 81
1.151,000

104

look
92
89

pref...
new pref
Elmira* Williamsport
Elmira* Williamsport pref..
East Pennsylvania

1,074,0 0

95

S6W
101k

...

70

108 k

103

1.000,0(K.)
60S.t to
47:5,800
429,000
210.950

520,S3J
2.5)16,000

2N5.522

173

ifO.UOO

2.503,226
1,431,000

167.500

595.000
601, U00

250,000

174,010

*

7,621

1,772.000
4,285.000
994,867

150,000
250,000
275,000
750.000
1,000,000

-

248.550
740/ 95

1.465,711
8(0,311
2.2 11,000

1,000,000
300,000
,

687.396

-

3,-86.000
1,479,000
1,174,142

200,000
300,000
400,000
300,000
500,000
500,000

419,660
58’,000

1.000

761.019

Tradesmen’s....

604,000

2,130

w

1.027,350
1.252.730
2,199/90
2,633.0,0

400.000

Western

L. Tender. Deposits/

$1/30,000
i,:s5,ouo
1.523,510

108

do Neb. 8s. 1894
do N.b.Ss, 18SJ
Eastern Mass.. 7s
Ind. Cin. A Laf. 7s, 7SG9

do

.

deb. bonds,‘93
do
g.m.7s,c. 1911 10< 101k
108
do reg/.911
do
do
new conv. 7s, 189.3 116%
Phil.* Read. C.&l.Co.deb.7s’9V
do
mtg. 7s,’92 93

do

36
UK)

do
do

do

_

.do

.

Increase.$l,69?.5f*)
Increase. 37<V500

Legal Tenders.
9.419.900
9.169,009
9.43), 100
9/31.300
R,860,000
8.85)1,400
8,7'J).6( 0
8,5:s,000

Specie.

653,?0(i
810.7tK.
300 Ooo
425 Ot'O
336.60('

2.164.500

78,700

Deposits
Specie...
Increase.
'2.300 Circulation
Legal Tenders
Decrease. 151,603
The following are the totals for a series of
Feb. 15

582.600
966,000
771,500

102.39J

Decrease. $031,3(0

Loans.

671.200
659.500
170.100
578.1 00
561,50(1

2,3*0.400

170.4(0

1,100

66 4.200
571.700

954,200

17 4.7 0J

7(0

163.600

616.800

58,600

564, IOC

925,000
742,8UU

1,110.300
1.966.7U0

77.400

2.900

652 500

8:.9/)00

119.1U0

The deviations from last week’s returns are as

Date.

89 5.500

.

94

Philadelphia & Reading 6s, 80

69
68 Y

Burlington & Mo. land gl.Ts.

do

1910

1 kx 102k

.

Portland 6s
Atcli. & Topeka 1st m.7s
do
land gt. 78...
2d 7s.
do
do
land inc. 12s.
Boston A Albany:7s
Boston & Maine 7s.

do

100k

gen. m.

do
gen. in., reg., 1910
Perklomen 1st m.6s,’97....?..
Piiila. & Erie 1st m.6s,’81
2d m. 7s. ’S8
do

It 2k

.

Chicago Sewerage 7s
do
Municipal 7s

751/2UJ

953,200
750,700

Total
$50,050,000 $131,855,100
$516,200 *8,553.009
The total amount “due to other Banks.” as per statement of
Loans

244.7UC
1.49 4.500
174.800

5(6.5)00

U 2.9(0

3.441.100
4 419.300

1,000.000
1,500,000

.768,90J

845.200
75.1.700

358.800
8IO.SOO

2'(58.900
4 977.300

2,000,000
200,000

Union
Webster

701,500

68.600

141,900

„

1

500,000

Security

912,100
927.100

570.000

2.932.700
3.2-5.100

1,000,000
1,000,000

Exchange
Hide & Leather
Revere

1,202.4(0

775.300
116,990
379.900
337.700
35",5)00
230.200
438.000
147 3i 0
346 000

59,000
250,300
107,400
1.305.400
61.000

6,075.601.

1,500,000

City
Eagle

117.800
75.300

472,700

6(1)

£34.500
5.130.200
2.146.(00

1,000,000

493,700

213./00

21.9U0
1.700

\

2,000,000
1,000,000

145.100
767 700

58,300

59,200

4.759,700

300,000

613.700
954.0(0
752.200
810,800

105
It 3^ I(i4

:.

Ask

106
103
100
99 \

<10

iio

Boston 6s, Currency
do
Ss.gold

110,100

4',700

2,167.600

4 21

1,000.000

152.500

104,800

•

8,400

3,469.hOO
2.054 700

750,000

Third
Bank of Commerce
Bank of N. America
B’k of Redemption.
Bank of Republic...
Commonwealth

•

.

Bid

Penn*N.Y.C.*lI li'96-1. 7s.!i06
Penn3ylv)iDia, 1st M.,6,1880...

103
1(3

.

121.100

.

•

Maine 6s
New Hampshire,6s
Vermont 6s

*76,'00

300
•

BOSTON.

.

Massachusetts 6b, Gold
5s, Gold
do

2,000

3,149.000
3 8(17.100
3 471.800
1.:>13.5*00

2,000.000
1,500,000

Washington

.

Deposits Clrcul.
$44Y700
$513.1)00
763 OLD
8.0,300
753.901
1,990 400

SECURITIES.

SBCURITIRS.

Ask.

Bid

56 3,65X3
4 84. <00

5.000

'

1,000.000

State
Suffolk
Traders
Trernont

.

•

1.721,300

200,000
1,000,000

.....

•

2.510.700
1 ('81.800
l.t 61,100
2.031.200
1.444,9' 0
10 J 50.t>00
639.500
2.797.700
3/67.4(0

500,000
800,000
800.000
400,000
3,000,000

Market

•

.

PHIL 4 UK LPI! I A. Bil/HHORK. &e.

QUOTATlim IN BOSTON,

742 000
672,300

4,000
5.71 0
13,500
9,* 00

l

1,000.000
750,000
1,W0,000

Globe
Hamilton
Howard
Manufacturers

•

2.831.511)
.763.800
2,184.21 0

1,000,000
300.000

Freeman’s.

70.500
284.300
103,000
22.000
3 LUX’
77,7 00

1(K)

8,090
2,000
11.7U0

698 / 00

400,000

Everett
Faneull Hall....

Specie. L.T. Notes
$61,200
$700

Loans.

Capital.

Atlantic
Atlas
Blackstonc....

March
Mar h
March
March
March

[April 10, 1875

THE CHRONICLE

352

86

85

98 k

V9k

63
86

89 k
84
87

Louisv., Cin.& Lex.,pref
7
do
do
common.
4
Louisville & Nashville
34
ST. LOUIS.
"95*
St Louis 6s, Long Bonds
do
Water 6s gold
* 102k
do
do
glo (new)* 10*2
North Missouri. 1st M.7b.. . .
£6
At.* Pacific guar, land grants £6
do

2d M

Pacific (of Mo,) 1st M. gld....
do
do
2d M. bds. ...
do
do
stock
Kansas Pacific stock
do
IstM gld6s.J. & D..
do
do
do F.&A
*
And Interest.

SS
77
66
87 k
95
86
86

92

<6
x!7

64k

67k

'S’*
6

35

‘.ex

40.

92k
73
4s

9k
66k

April 10, 1875]

353

CHRONICLE.

THE

QUOTATIONS OF STOCKS AND BONDS IN NEW YORK.
United States Bonds ana active Railroad Stocks are quoted on- a previous page and not repeated here. Prices represent the per
Bid. Ask.

SECURITIES.

1

31
04

•

bonds

7s, large
Connecticut 6s

.

Illinois 6s, coupon,

18

bonds.,

do

do

do
floating debt
7s, Penitentiary
35
6s, levee bonds
8s,
do
35"
do
1875..
8s,
8s
of 1910.. 103 U,

new

new

Michigan 6s, 1878-79
do
6s, 1883
do
7s, 1890
Missouri 6s, due in 1875

T

‘

.

f

....

100%

:.

100%
99
99
99
99

Funding bonds due in 1891-5.
Long bds. due '81 to ’91 in cl..
Asvlum or Univers., due 1892.
Han. & St. Joseph, due 1875.
do
do
do 1876.
do
do
do 1886.
do
do
do 1887.
New York Bounty Loan, reg..
coup.
do
do
■do
6s, Canal Loan, 1375.
do
1877.
6s,
do
do
6s,
do
1878.
do
6s, gold reg
1887.
do
6s, do
coup..1887.
do
loan..1883.
6s, do
do
do ..1891.
6s, do
do
5s, do
do ..18'
do
5s, do
do ..1876.
North Carolina 6s, old, J. & J..
A.& (>..
do
N. C.RR....J.& J..
do
....A.&O..
do
do
do coup ofT.J. & J..
do
do do off.A.&O..
do
do
Funding act, 1866...
do
1868...
do
New bonds, .T. & J..
do
do
A.&O..
do
do
Special tax, Class 1.
do
Class 2.
do
Class 3.
do
do
Ohio 6s, 1875
do 6s, 1881
do 6s. 1S86
Rhode Island 6s
South Carolina6s
do
Jan. & July
do
April & Oct
do
Funding act, 1866...
do
Land C, 18S9, J. & J.
do
Land C, 1889, A.&O.
7s
of 1888.
do
do
nonfundable bonds.
Tennessee 6s, old
do
do ex coupon
do
do new bonds—..
do
do
do
ex coup
do
do
do new series

97%
99%
97%
......
100%
100%

97%

e

a

•

t

D

T

.

Chicago, Rk. Island & Pacific. 107% 107%
115
115
Central of N. J., 1st m., new...
105%
do
do
1st, consol.... 105

.

10

do
2d mort
do
111"
do
do
con. conv
103
Am. Dock & Improve, bonds..
Mil. & St. Paul 1st m. 8s, P. I).. 108%
do
7 3-10 do. 91%
do
do
80
do
7s, gold, It. D.
do
do
do
lstm.,LaC.D. 86%
1st 111.1 .& M.D. 75%
do
do
1st m. 1. & D.. 76
do
do
1st 111. II. & D. 73%
do
do
1st m. C. & M. 81%
do
do
73
1st Consol. ...
do
do
2d m.
do .. 76%
do
do
103
Chic. & N. Western sink. fund.
lilt, bonds. 101
do
do
consol.bds 90%
do
do
ext’11 bds. 85
do
do
1st mort...
do
do

*

•

16
....

26"

i

...

•

..

166
*

ioi%

Peninsula, 1st mort., conv
Chic. & Milwaukee, 1st mort..
Winona & St. Peters, 1st mort.
do
do
2d mort..

....(
i

1

3%
101%
104
108
105

31%
31%
31
31

52%
52

Dubuque & Sioux City, 1st m..
do
2ddiv.
do
....‘I Cedar Falls & Minn., 1st mort.
-

-

T

! Indianap., Bl. & W., 1st mort..

•

•

Detroit, Monroe & Tol. bonds.
Buffalo & Erie, new bonds

54

53%
53
100

Buffalo & State Line 7s
Kalamazoo & W. Pigeon, 1st
Lake Shore Div. bonds
do
Cons, coup., 1st...
do
Cons, reg., 1st
Cons, coup., 2d....
do
Cons, reg., 2d
do
Marietta & Cin., 1st mort
Mich. Cent., consol. 7s, 1902 ..
do
1st m. 8s, 1882, s. f.
do
equipm’t bonds...
New Jersey Southern, 1st m.7s
do
do
consol. 7s

j

37
*

t

56

8V

New York & New Haven 6s.
N. Y. Central 6s, 1883.
do
6s, 1887
do
6s, real estate...
do
6s, subscription
do
7s, 1876
do
7s, conv., 1876...
do
7s, 1865-76.
do & Hudson, 1st m., coup,
do
do
1st m., reg...
Hudson R. 7s, 2d m. s. fd. 1885..

99!%
103

...»

..

7s, 3d mort., 1875..
Harlem, 1st mort. 7s, coup
ao

do
do
reg
North Missouri, 1st mort
Ohio & Miss., consol, sink. fd.
do
do
consolidated
do
2d
do
do
Central Pacific gold bonds....
do San Joaquin br’nch
do Cal. & Oregon 1st.,
State aid bonds
do
Western Pacific bonds
Union Pacifle, 1st mort. bonds
do
Land grants, 7s.
do'
Sinking fund...
Pacifle It. of Mo., 1st mort. ...
do
1st Caron’t B.
do
do
do
2d mort
Pacifle R. 7s, guarant’d by Mo.
PlUs., Ft. W. & Clde., 1 st mort.
do
do
2d mort.
do
'
do
3d mort.
i Cleve. & Pitts, consol, s. fund.
do
do
3d mort
do
do
4th mort

.

...

...

Mississippi, pref

do

do

special..

Rensselaer & Saratoga.
Rome, Watertown & Ogdens..
St. Louis, Alton & T. Haute...
do

do

do

....

pref 24

Belleville & So. Illinois, pref..
St. Louis. Iron Mount. & South.
Toledo, Peoria & Warsaw
Toledo, Wab.& Western, pref.
IVIiftcellaiieoiiM stocks
American District Telegraph..
Boston Water Power
Canton Co., Baltimore

96 V

iii" nT%
5'

i6"

10
26
....

26"

6i

Cent. N. J. Land Improv. Co,.
laware & Hudson Canal
118
American Goal

35

D




Atlantic & Pacific L.G. 6s, gld
Atchison & Nebraska, 8 p. c..,
Bur. & Mo. Itlv., stock.
Land m. 7s...
do
do
do
do
do
do
4th S., do 8s.,
do
do
5th S., do 8s..
do
do
6th S., do 8s.
do
do
do
do
do
do

California Pac. RR. 7s, gold..
do
6s, 2dm., g

96

[47%

SO

.

•

gold. conv.
Land grant 6s,c

Central Pacifle 7s,

do

do
2d m. 7s
& St. Paul 8s...

5

•

.

-

.

-

S6%

83
26
15

84"

do

....

MM

100

102
86

100%
103

101%

.

42

104%
104

110%
30

,

do

95

32%
101
101
101

Connecticut Western 1st 7s....

& Mich. Lake Shore..
Dan., Urb., Bl. & P. 1st m. 7s.g
jDes Moines & Ft. Dodge 1st 7s
Detroit, Hillsdale & In. RR.Ss.
! Detroit & Bay City 8s guar—
Detroit, Eel Itlver & Ill. 8s
iDet., Lans. & Lake M. 1st m. 8s
do
do
2d m. 8s
Dutchess & Columbia 7s..;
Denver Pacific 7s, gold
Denver & Rio Grande 7s, gold.
Evansville & Crawfordsv.,7s..
Erie & Pittsburg 1st 7s
do
do
2d 7s
do
do
7s, epulp
Evansville, Hen. & Nashv. 7s..
Elizabethtown & Padu.8s.con.
Evansville, T. H. & Chic. 7s, g

100'V 102
99%
96

96

Sioux C. 1st 7s...

Houston & Gt. North. 1st 7s, g.
International (Tcxns) 1st g. ..
lint., H. & G. N. conv. 8s
! Jackson, Lansing & Sag. 8s

(Jack., N. W. & S. E. 1st m. g.7s
Kansai. .Jac. 7s, extension, gold
do
7s, land grant, gld
do
do new gld
7s,
113 V 114
do
6s,gld, June & Dec
Hl% 112
do
6s, do Feb. & Aug
107
107
do
7s, 1876, land grant
103
do
7s, Leaven, br’nch
lilV U2"
do
Incomes, No. 11...
112
do
do
No. 16...
98%

99"

97
73

97%

99%

99%
86%

87%

88

79

105

98%
96%
92%
92
77
78

97%
96 V

92%
92%
80
79

100
no
105%
105V 106

97'

98%
51%

95*

37% UP
56

105"

do
Stock
K alamazoo & Sout

h II. 8s, guar
Kal., Allcglian. & G. It. 8s,guar
Kal. & White Pigeon 7s
Kansas City & Cameron 10s..
Kail. C., St. Jo. & C. B. 8s of ’85
do
do
do 8s of '98
Keokuk & Des Moines 1st 7s...
L. Qnt. Shore RIt. 1st m. gld 7s.
Lake Sup. & Miss. 1st 7s, gold.

Leav., Atcli. & N. W. 7s, guar..
Leav., Law. & Gal. 1st m., 10s..
Louisiana & Mo. Itlv. 1st m. 7s.

Logans., Craw. & S. W. 8s,gld.
Michigan Air Line 8s
Monticcllo & P. Jervis 7s, gold
Montclair 1st 7s, gold
gold..
Mo., Kansas & Texas
Mo. R., Ft. S. & Gulf lstni. 10s.
do
do
do 2u in. 10s.
N. J. Midland 1st 7s, gold
do
2d 7s
N. Y. & Osw. Mid. 1st 7s, gold,
do
do
2d 7s, conv.
do
West. Extension 7s.
N. Haven, Mlddlet’n & W. 7s..
North. Pac. 1st m. gold 7 3-10b..
Laud warrants,.,.
do

Nashville 6s, old
do
6s, new
New Orleans 5s
do
consol. 6s
do
bonds, 7s
do
gold 7s, quarterly
10s
do
do
to railroads, 6s..
Norfolk 6s

••••

95
•

.

.

.

62
40

71
....

.

.

97%
.

•

•

.

.

•

•

•

•

•

•

.

.

.

.

.

....

14

65
.

•

•

*

*

37
40

37

•

•

•

.

....

Ala. & Cliatt. 1st m. 8s., end....
Ala. & Tenn. It. 1st mort. 76...
do
do
2d mort. 7s
69
Atlantic & Gulf, consol
do
do end. Savan’h. 75
1
do
• do
stock
do
do
do
guar...
Carolina Central 1st m. 6s, g...
Central Georgia 1st mort. 7s... 100
do
consol, m. 7s. 91
55
do
stock
Charlotte Col. & A. 1st M. 7s... 62
do
do
stock
Charleston & Savannah 6s, end
Savannah & Char. 1st m. 7s....
Clieraw & Darlington 7s
East Tenn. & Georgia 6s
East Tenn. & Va. 6s, end. Tenn 65
E. Tenn. Va. & Ga. 1st m. 7s... 83
50
do
do
stock
90
Georgia ItR. 7s
.

.

95

Memphis & Charleston 1st 7s..

82

92
•»

»

»

*

66
25
15
12
100
100
95
100
50

»

*

9

90
85
95

70

--

15
91
23
100

30

60
35
85
25
....

105
55
35
50

51
50
35

45

20

20
24

3

27%
21

.

70

-

100
85
68
70
65
62
70

57

6
3

30
23

35

80

•

2d 7b...
stock

do
do

.

Memphis & Little Rock lstm..
Mississippi Central 1st m. 7s...
2d

m.

8s....

Mississippi & Tenn. 1st m. 7s..
do
do
consol. 8s.
Montgomery & West P. 1st 8s.
do
do Income
Mont. & Eufaula 1st 8s, g. end.
Mobile & Mont. 8s, gold, end..
Mobile & Ohio sterling
ex certif
do
do
do
do
do 8s, interest
do
do 2d mort. 8s
do
do stock
N. Orleans & Jacks. 2d m. 8s...
do
do certif’s 8s..
N. Orleans & Opelons. 1st m. 8s
Nashville & Chattanooga 6s...
Norfolk & Petersburg lstm.Ss
7s
do
do
do
do
2dm. 8s
Northeastern, S. C., 1st m. 8s..
do
2dm. 8s...
Orange & Alexandria, lsts, 6s..
2ds, 6s..
do
do
do
do
3ds, 8s..
do
do
4ths, 8s..
Riehm’d & Petersb’g 1st m. 7s.
Rich., Fre’kBb’g & Poto. 6s
do
“
Itlcli. & Danv. 1st

do conv.78
consol. 6s...
Sonthsfde, Va., 1st Ill. 8s
do
2d 111., guar. 6s.
'
do
do

....

T2
....

....

...

69
9
.

.

.

80
70
80
60
65
15
55
65
60

52
40
5
96

87
....

75
•

•••

....

88
....

....

80
-

-

^

t

74
«...

65
.

•

•

•

35

62
70
90
72
T2
87
00
93
80
54
50
78
81
88
90
15
85
72
12
65
85
73
90
67
75
60
25
60
70
65
57
50
to
98
90
85
80
98
88
82
92
85
90
82
91
75
90
80
80
68
•

••

•

8d 111. 6s

4th 111. 8s. ......
Southwest RR. Ga.lstm..,
do

51

.

90
52
42
72

57
67

,

do
stock
Greenville & Col. 7s, gunr
do
do 7s, certif
Macon & Brunswick end. 7s...
Macon & Western stock
Macon & Augusta bonds
do
do
endorsed....
do
do
stock...^

»

70
65

65
67

65

75
102

....

85
85

98

74
82
87
57
TO
62

:<u
.

....

do

55

•

•

.

98
90
*

•

10

.

•

do
do

*

•

55
45
47
65
80
70
43
53
37
40
50
42
68
80
85
90
90

40
49
33

65

80
90

•

78
50
43

....

60
100
70
75

■

70

80

70

85
60
84
82
95

85
75

«...

85
60
60

78

70
75
70
45
10
48
&5
40

....

50
60
68
100

95

90

.

....

50
64

85

60
•

20

47%

.

32%
100

RAILROADS.

40
1 94
70
45

60
65

«

....

27%

Wilmington, N. C., 6s, gold
do
do
8s, gold....

40

97

....

...

.

16

•

• •

....

•
.

•

96
94
20
98
40
60
68
55
75

75
83
86
86

Richmond 6s
Savannah 7s, old
do
7s, new

40
105
25

iFort W., Jackson & Sag. 8s— 58
'Grand It. & Ind. 7s, gold, guar. 102
85
do
do 7s, plain
95
Grand Itlver Valley 8s
Hons. & Texas C. 1st 7s, gold., 85
iIndianap. & Vincen. 1st 7s,guar 80

101% 102

86'

Montgomery 8s

95
25
95
95
90

—

j Iowa falls &

...

Petersburg 6s

30
30
92
65
41

•

•

95

.

Mobile 5s
do
8s

40
104
100

104

[Chicago

F. L. bds.

Columbia, S. C., 6s
Columbus, Ga., 7s, bonds
Lynchburg 6s
Macon 7s, bonds
Memphis old bonds, 6s
do
new bonds. 6s
do
end., M. & C. RIt.

105

S5

-

83
52

Augusta, Ga., 7s, bonds

102%
102%
105%

95
101

•

.

72
77

Charleston stock 6s
Charleston. S. C., 7s,

T

104

103

..

{Securities.

8s

do

35

'Indianapolis & St. Louis 7s

100

2d mort..

Rome, Watert’n & Og.con. 1st
St. L. & Iron Mountain, 1st in..
do
do
2dm..
Alton
1st mort........

40

»

90

CITIES.

70
55
100

...

7s.

[Connecticut Valley 7s

gld

Itondout. & Oswego 7s. gold..
Sioux City & Pacific 6s
South Faeiflc6s, gold
Southern Minn, construe. 8s..
do
7s
St. Jo. & C. Bl. 1st mort. 10s...
do
8 p. c.
do
St. Jo. & Den. C. 8s, gld, W. D.
do
do
88, gld, E.D.

Southern

46
58
75

5i
60

ioi

I Chicago, C. & Dub. 8s

92

Rockf’d, It.I.&St. L. 1st 7s,
Rome & Watertown 7s

Atlanta, Ga., 7b

105

103
101

j FI int & Pore M. 7s. Land grant.

93%

.

30
42
45
111
105

40
110
103
100
100
102
1102
i 103

Col. & Hock. V. 1st 7s, 30 year
do
do
1st 7s, 10 year
do
do
2d 78,20 year

i

25

St. Louis', Vandalia & T. 11.1st
do
do
2d,guar
St. L. & So’enstern 1st 7s, gold
St. L. & l.Mt. (Ark. Br.) Ts, g.
Southern Central of N. Y.7s...
Union* Logansport7s
Union Pacific, So. branch, 6s, g
Walkill Valley 1st 7s, gold
West Wisconsin 7s, gold

...

O’

70

Pullman Palace Car Co. stock
do
bds, Ss, 4tli scries

96
100
75
46
35

92

Sandusky,'Mans. & Newark 7s.

106% 107

!Chicago, Bur. & Quincy 7s....
Cldc. & Can. South. 1st m. g.7
jCh.D.&V., I. div., 1st m. g. 7s.
iChlc., Danv. & Vinccn’s 7s, gld

97

103" 105''

Col., Chic. & Ind. C. 1st mort.. 51%
19

63

•

l

*

do

102

*

f

103

1

Cleve., P’vllle & Ash., old bds
100%
do
do
new bds
100%

7

•

.

60

[Canada & Southern 1st 7s, gob

20
do
do
2d mort..
103%' 104
Mich. So. 7 p. e. 2d mort
Mich. S. & N. Ind.. S. F., 7 p. c. U>7%! 109
106
Cleve. & Tol. sinking fund...
100%
do
do new bonds

32%
•

79

8s

.....

Long Island RR., 1st mort —

81;

98%

....

-

40
45
79 V
59
60

45

Bur.,C. R. & M. (M. div.), g. 7s
99'' i [Cairo & Fulton, 1st 7s, gold ..

bds

do
large bds .
do
do
102%
Han. & St. Jo. land grants
do
do
8s, conv. mort... 86%
Illinois Central, 7 p. c., 1875

76

Pacific of Missouri
Pitts., Ft. W. & Chic., guar

•io

188
187

do
do

do
do

!
i

90%!

99% 100

»»

Cin., Lafayette & (’hie., 1st m.
I Dei. & Hudson Canal, 1st m., ’9' 108%

101
96%

♦

....

64

»

74

103%
Long Dock bonds.
90
Buff;, N. Y. & Erie, 1st m.. 1877. 87

’

6
5

•

31
SO
6
69
53
69

i.

...

'endorsed
do
2d mort.,,7s,1879
3d do
7s,1883
4th do
7s, 1880
7s, 1888
5th do
mort. gold
7s, cons.

do
do
do
do
do
do

....

13

.

.

|

5
8
3

*

.

.

63

Han. & Central Missouri, 1st m,
Pekin.Lincoln & Decatur, 1st ni

j

50
39
37

.

.

61

...

....

50

.

50

!Keokuk
!Carthage & Bur. 8s
Dixon. Peoria & Han. 8s.
110
C.,C..C.& Ind’s.lstin.7s. S. F. 109
Del., Lack. & Western, 2d ill... 115
}J1 [O. O. & Fox If. Valley 8s.
Da% Quincy & Warsaw 8s
do
do
7s, conv.
112
• • • ■ ’ Illinois Grand Trunk
1 Morris & Essex, 1st mort
105%
do
do
2d mort
Chic., Dub. & Minn. 8s...
99
iPeoria & Hannibal R. 8s..
do
do
bonds, 1900... 99
lio" 115* * j
'Chicago & Iowa It. 8s....
do
do
construction.
104
American Central 8s
do
do
7s of 1871
20V 24"
Cldc. & Southwestern RIt
20 V 24
Erie, let mort., extended...

107
do
do nref
iii
113
Chic., Bur. & Quincy
Cleve., Col., Cin. & Indianap..
92% 92%
Cleveland & Pittsburg, guar...
53 \
Dubuque & Sioux City...-.
48'
Erie pref
Hannibal & St. Joseph, pref... 32% 34%
103
101%
Illinois Central
11
12%
Indianap. Cin. & Lafayette.... 96
Joliet & Chicago
Long Island
Marietta & Cin., 1st pref
‘8"
2d pref
do
71
Michigan Central
100
100%
Morris & Essex
Missouri, Kansas & Texas.
'7%
New Jersey Southern
N Y., New Haven & Hartford.

Ohio &

•

ITIIwcellaiieoiis List,
Atchison & P. Peak, 6s, gold..,

95%
95%

....

,

r

do
do
cp. gld.bds
do
do
reg. do
Iowa Midland, 1st mort. 8s.
106
Galena & Chicago Extended...
102%
do
do
2d mort

*

,

•

112"

84%

110
110

.

Chicago & Alton

106

106% 107
106%

—

Central Pacific

....1

-

20

)

ioi'%

•

•

coup

1st
do
do
101
107
do
do
income
108%
Joliet & Chicago, 1st mort
91
Louisiana & Mo., 1st m., guar.
St. Louis, Jack. & Chic., 1st m. 101% 102
Chic., Bur. & Q. 8 p. c. 1st m...
do
do consol, in. 7s

...

.

100
99% 100

96%
Texas, 10s, of 1876
33
Virginia 6s, old.
31
do new bonds, 1866...
do
35
do
do
do
1867... 60
do consol, bonds
do
55
do
do ex matu-d coup,
40
do consol. 2d series.,
do
8
do
do deferred bonds..
Railroad Stocks.

(Active previously quoted.)
Albany & Susquehanna

’

Bid. Ask

SECURITIES.

Peoria, Pekin & J. 1st mort...
Peoria & ltock I. 7s, gold
Port Huron & L. M. 7s, gld, end
do
do
7s, gold...

80
1(H)
65

60
53

•

fund. lis
mort

Chicago & Alton sinking

104
106

1876.
1877..
1878.
1879..
1880..

do
dc
dc
do
do

do

T

#

1

»

t

•

35
35
35
35

<’o

do
do

*

-

102%

e

do
do

T

,

83
101
101
101
102

1879
do
War loan....
Kentucky 6s

do
do

.

.

[Tol.. Peoria & Warsaw, E.D.

i

250
67

separate list.

Omaha & Southwestern RR.
Oswego & Rome 7s, guar

91

77
98

-

uo

do
do
W.D..
do
do Bur
do
do 2d mort..
do
do con:
Railroad Ronds
109% 109% Tol. & Wabash, 1st m. extend.
Albany & Susq., 1st bonds..,
do
lstm.St.L
do
103% 101%
do
2d
do
..
do
! do
2d mort...
do
3d
..,
do
do
do
25' 25% ' do
do
equipm’t
Boston, Hnrtf. & Erie, 1st mort
do
: do
con. conv<
do
do
guar....
42* 45% Hannibal & Naples, 1st mo
Bur., C. Rapids & Minn. 1st 7s, g 45
50
I Great Western, 1st mort.,:
Chesapeake & Ohio 6s, 1st m... 36
i
do
2d mort., 1893..
do
’
do
ex

Pennsylvania Coal
Spring Mountain Coal

.

io‘

18%

89

2dmort.iHCon
!Belleville & S. Ill. li. 1st m. 8
do

:

a

Bid. Ask.

SECURITIES.

'

97
90

do

Louisiana 6s

52
4
.

quoted in

are

•

86%

do
7s, new bonds
do
7s, endorsed
do
78, gold bonds
Indiana 5s

do

•

107" l66‘ '

Georgia 6s

do

•

*

do

do

•

43

40

8s.
of 1802..
do
Arkansas 6s, funded
'9"
do
Ts.L.lt.* Ft. S.lss. 9
do
7s, Memphis & L. It.
9
do
7s, L. It., P.'B. & N. O.
9
do
Miss. O. & It. Itlv
7s,
9
do
7s, Ark. Cent. It
112

do

Mariposa Land & Mining Co. .
do
do pref
Maryland Coal

Securities ”

Ask

Cumberland Coal & Iron

State Ronds.
\Iabaina 5s,.1883
do
5s, 18S6
••
do
8s, 1886
do
1888
8s,
do
8s, Mont. & Euf’In 11.
do
8s, Ala. & Chat. It....

California 7s

Bid,

SECURITIES.

Local

“ N. Y.

be.

war may

,

value, whatever the

cent

stock

S. Carolina RR. 1st 111.7s, new.
do
6s
do
7s
do
stock
West Alabama 8s, guar
PAST DUE COUPON8.
Tennessee State coupons
Virginia coupons...
do
consol, coup
1

l Memphis City coupoas

•

•

•

•

....

....

....

•

.

93
50

94

64

67

9

10

75

82

55

•»

60
40

30
£6
50

55

£8

60

[April 10,1875

THE CHRONICLE.

354

LOCAL SECURITIES.

NEW YORK

Stock List.

Insurance

Bank Stock List..

America*
American Exchange.

Bowery
Broadway
Bull’s Head*
Butchers & Drovers
Central
Chatham

..

Chemical
Citizens’

City..
Commerce
Continental
Corn Exchange*
Currencv

100

Dry Goods*
East River
Eleventh Ward*
Fifth
First
Fourth
Fulton
Gallatin
German American*..
German Exchange*...

J

3,000.000

too
100
loo
25
25

100
100
100
30

Germania*
Greenwich*
Grand Central’
Grocers*
Hanover
Harlem*

Importers’ & Traders’.
Irving
Leather Manufactrs...
Loaners’*

Manufc,trers’& Build.*
Manhattan*
Manul. & Merchants*.
Marine
Market
Mechanics
Mech. Bkg Asso’tion..
Mechanics & Traders..

100
ILK)

Mercantile

ev.2 mos
J. & J.

Q-F.
.). & J.
J. & J.
F.&A.
.!. & J.

50

25
100

M.&\

400,000
3(H),(XX)

M.&N.
M.&N.
J. & J.
.1. & J.
M.& S.
J. & J.
J. & J.
J. & J.
F.&A.
,J. & J.
F. & A.
J. & J.
J. & J.
J & J.
J. & J.
M.&N.
M.&N.
M.&N.
J. & J.
J. & J.
J. & J.
J & .).
A. & O.
M.&N.
.1. & J.
J. & J.
J. & J.
.1. & J.
J & .1.
J. & J.
J. & J
.1. & .J.
J.&J.

422.70'*

100,000
300,OH 10

000,000
'100,0001
50; v 0"

500.000
60K),0X)O
500,000
4 0,000

2,050,0)00
300,000
4 OX) ,000

i.ooo.oxx;
5<K),000
600,000

1,00V).000

100
100
100

50<>,00<>
4.000.000

Nassau*
New York
New York County
N Y. Nat. Exchange..
N Y. Gold Exchange*
Ninth
"...
Ninth Warn*
Nort i America*
North River*
Oriental*
Pacific*
Park

100
100

100
100

Peoples*

1,000.000

1,000,00)0
3,iXK),000
200,000
500,000
5(H),(XX)

1.500,000
ISO,900

1,000,000

25
50
10’’
25

20
100
100
100

Phenix
Produce*

Republic
8t. Nicholas
Seventh Ward
Second
Shoe and Leather
■dxth
State of New York
Tenth
Third
Tradesmen’s
Onion
West Side*

.

.

412,500
1,8(K)<X)()
250,000

100

1,000,000

100
100
100

200.000

I.OXI.OOO

40

1,(XX),(X) 1

50;

1,500,'XX)
200,000 f

4
12

it
10

lan. 2,’75...5
Jan. 2,’75 ..5
’.0
7 A Nov,2/74..3k
Ni v.2.’74,...5
10
Nov. 2/7 *.. .4
9

10
10
8
10

10

8
10
8

10
4
8
10
14
6
5
8
3
8
'J

3
10
13

7
3A

8
s
6
m

12

12

8

12
11

.

Jersey City & Hoboken

(
5(1!
20
.

10U

....1

Metropolitan certilicates
do

b

do

M utual,
Nassau.

u

UK)
25

scrip

do
New York

People’s (Brooklyn)

do
do
bonds
Westchester Countv
C irtifl jates

Bonds
50

Williamsburg
do

seHn

Blao.cicer st.A EultonFerry—slock
1st mortgage

Broadway if- Seventh Are—stock.
1st mo i tgage

.

1

6N,(XX)
2,100,000
KX'C 1,600,000
10 2,(XX),000
iOOO
:uo

1st mortgage
Ninth Avenue—stocK
...

Second Avenue—stock
1st mortgage
2a mortgage
3d mortgage
Con*. Convertible
Sixth Avenue- stock
1st mortgage

Third Avenue—stock
1st mortgage

Doenty-thlrd Street—stoeg
irK'-ro- ico

column buows




...

’!5
’7.

.

i is

Ridgewood

145
..

.*

.

*

•

St.Nicholas
Standard

...

Star

Bid. Aska

Tradesmen’s

225
130 X

230
10K)

125

v.1

426,524
128 ,6* ('

196, (HP
20.529

350,139
165,216
211,54 4
132,708
536,222
12, : OO
43,051
101,002
58,877

150,000
21X1,(00
200,000
300,(XX)
200. (00

200,(XX)
20)0.000

200,000
150,000
250,000

25
25
25
50

....

0

sk

.

•

‘250.000

Jan., ’75.U*

(0

,.

10
5

10
13

5

10
10
10
10
10
5
10
:o
4
10
10
10
10
12 k 12k 15
11
50
21
28
22
10
8k
10
20
17 k 20
10
10
10
8k 10
10
10
10
5
io>
10
f.
10
9k
ik 10
5
15
io
10
1
7
*0
10
10
10
20
10
10
10
20
20
20
15
10
10
10
0
io 10 io 10
15
15
15
14
10
7
10
10
5
10
!0
20
20
20
18
10
10
10
10
10
5
5
11
17
?
20
10
4
10
20
20
i‘2 L,,j
20
20
5J5
20
10
5
12
20
JO
20
20
JO
16
IS
16
...

•

.

•.

....

....

....

15

io

20
11

20
14

j 12
6

10

10

ii

10

5
9

,

,

,

1

10
6
5
10

13
10
14
10

.....

Jan., ’75.10
Jan., 75.1'

Over all

105
l.T
10)

,

’75

'75.. 5

•

*

100

bX)

lu

3

1880
Jan.. 75

J.&I).

7

1881

93

Q-F.

3
7

Feb .’15
1872

UK)

Jan., 75

D2k

18-8

2<t
70
7' 'k
95
195
102

69

68
85
35

n

.

j

.

1
7

& J.
.

.t.

J.&I)
J.&J.
J.&J.
M.&N.
A.&O.

*

Q

F.

is?7
Jan. ,’75

7
5
7

Nov.
-

!,' 99,500
350,000
200,000
150,(XX)
3 ‘V 00
750,(XX
250,OX X)

2,(XX),(XX)
2,000,000
600,000
120.000

Q.-F.

7
2

J. & D.
F. & A.
A.&O.

t

•»8
155
100

100

1873

«

5

M.&N.

Q-F.

J. & J.
J * J.
M.&N.

69

1876
1885
1888

70
100
100
15

<,

7
4

Feb,, *75

100
10)
K-0

?

dtauflty of

hands.

Feb.,

7
6

reservoir bonds
Central Park bonds. .1853-57.
do

..1853-65.

do

do

Floating debt stock

<

135
#

,

......

160

65

90

’15. .5
*75 5
Fet., *75.10

.T n.-,
.Inn ,

•••

•

112

Jan., ’75 5
an.. '15. 5

115
....

.

.

......

81

In
175
95

’75..5
Fel».f *75. .5
Jan.. *75..(

10
10
j 16
10

Jan., ’75. .5
Heb.,’75 jJa
’75.10

120
90
90
145

n„ *75.10* 1)5
Jan.,’75..8 160
Jan..’15.10 160

1J

12

,

2(X)
155

Jan., ‘75.10

14

t

f

,

.

.

210
155

Jap., ’75.1)
Jail., ’7'.1C
Fab.,’75.10
Jail., 75.10

1

170
,

112

>ct.,"74. .6

185

127
.

«

• • .

.

••••

.

•

• ••

.....

170

the Home

Prick

Payable.

•

Jersey City;
Water loan
do

6

7
7
7
7

var.

1

[Quotations-by N.T. Brers. Jr.,
Improvem’t

do
Turk bonds
Water loan bonds

7
7
7

7
7
6
6

City bonds
Kings Co. bonds

do
do
Ex Jan. Interest.

a

7
6

tFlat.

do
do
do

di
dc
do
do
do
do
do

do

var.

1884-1911
1884-190X1
1907-11
1S74-98
1874-95
1811-76
1901
1878
1894-97
1873-75

May & November.
Feb.,May, Aug.& Nov.
May & November.

7

1869.

Sewerage bondj
1866-69.
1868-69.
Bergen bonds
Assessment bonds... 1870-71.

*

do
do
do

1869-71

<0

Brooklyn Local
Citv bonds

r

var.

Improvement stock.... 1869

1883-90

Feb.,May Aug.&Nov.

6
7
6 g.
6

1863.

Consolidated bonds
Street imp. stock'
do
do

do
do
do
do

May & November,

1852-67.

do

1870-80
1875-79
1890

May Aug.& Nov.

do
do
do
do

do
do
do
do
do
do

1863.

Water loan

143

1390

Jan.,’75

Months

6

pipes and mains

do@

100

1890

docks, also date at

60
JO

Nov. *74

7
7

M.&N.
J. & J.

90
95

1/7,

Feb. 74
1S77

1860.
1865-68.

Croton waterstock..1845-51.
..1852-60.
do
do
Croton Aqued’ctstock. 1S65.

do

75
J. & J.

1870.

1654-57.

do

Feb. ,’75

6

1852.

do

5
6
5
6
6
7
6
5
6
5
7

1841-63.

do

Market stock

_

•1

New York:
Water stock

Soldiers’aid fund

560,000
2(X) (XX)
797,(XX)
167,(XX>

72k

188*2
1890

7

F. & A.

.....

Bondsdue.

Dock bonds

130'

.....

J. & J.
J. & J.

J.&J.
J. & J

5

UO
80

Feb. .’75.10
Jan.. *75. .5
Jan., ’75..5

Interest.

Rate.

97

7

90

Bid.

Ask.

95
92
102

•6

.Tan.,

.

....

[Quotations by Geo. K.Sistakb, 24 Nassau Street.]

,7. & .T.
5

no
140
IOO

€5ty Securities.

285

'

#

......

Jan.,’75.19 162
•la-?., *75.10 *65
Jan.,’75. .6 100
Jan.,’75.10 185

liabilities. Including re-insurance, capital

130

I-

.

,

dan..

1 15

|

..

90
T

n.,’15..5
Jan., '15, ,5 100
Jan., ’75..* !6‘2
85
Jan., ’.5..5
Jail., 'i5. .5 110
Jan., '75. .1 100
Jan., '75.20 2(0
.lan., ’75. .5 12H
P0
Jan ’75. .5
Jan., *75.10 185

and protit serin.
tStoc.k dividends of 25 percent by the Hanover, and 2J per cent by
have since been declared out of above net surplus.
*

no
...

90

J

1 10

1

320
.

105
i’.5
65
150
170
130
130

Mch., <5..5
J n..’75.h

10
20

!

ioo

10'4

*0

20

It|1J

100

.5
.6
Jan., ’ i5. .6
Jan.,’.5. A

10

'

90

?3

Jh n., ’75.
Ja i./7>..

k 11

10

1..

»

i 66

8
10

11

•

160
105
85

■Jo

12

.

300

50
0

16
12

.

Jan,, ’75. .5
Jan., i5..!0
Jan.,’75. 5
Jan., «5. .5
Jan., ’7n. .5

10
12

12
20
18
JO

90

120
250
120

Jan.,’75.25

lb
10

90

,

....

3k

146

Jan/75.4.80 1)5
l>» t., ’7>.15 240
Jan., 75 .1 110
Jan., ’75..5
Jan., *75..5
.bn., *75.. 5 100
Jan., '75. .8 125
85
-Jan., 75..5
Jan., ’75. .6 110
I eb./75. .5
rO
97
Jan., ’7n..5
Jan ’75. .6 112
125
J1 n./i5...8

....

#

170

125

•

....

....

30,111 i kU:
191.749! 16 i 20
90.5*17 |
61.403 i id ! 10
121,506 io k i5k
10
78,9X0 10
10
7’.,«)77 10
12
165.369
14
153,966 14
14
246,825 14
1 10
256.690 10

200,000
200,000
21X >,000
150,(XX)
200,000

100
25
50
■
100
j 100

United States

i Jan., ’75.

J. & J.

220,000

last diviuend uu

Safeguard

121,476
231,314
96,618

1,000,000

25

Rutgers’

315,753
1-22,419
50.008
151,863
36,755

150,000

10*
1(X>

Resolute

115,712
187.759

350,000
200,(XX)
200,000

lOO;

Republic

...!

5
4

.

M.&N.

203,(XX)
750,000

I COX'
50

(X)
:o 0
KX’iUKY
tot
!OH)
1(X*
1000
100
lino

i ir»

1
| 98
I '*ar„ ’75. 145
3k Jan., ’75

7
7

1,000,000

100

1st mortgage

Apr..
J-n. 4,

3U7,(XX)
1,200,000

,

Phenix (B’klvn)
Produce Exchange
Belief
..

.’75

4

9O0UHX)

1(X)
HXX)
1st mortgage
A2d St. A Grand St terry—stock.. 1(K*
1000
181 mortgage
Central Cross Town— stock

People’s

.....

80,264
121,317
83,445
79.363
169,447
67,238

f-OO.(XX)

100
100
fO
25
25
100
20
20
50
100
50

.

650.OH)

Eighth ivenue—stock

108

Jan
’75.
Mch. \‘5.
Men 9, '75

900,OX.Hi

100

N. Y. Equitable
New York Fire
N. Y. & \ onkers..
Niagara
North l’iver
Pacitic
Park
Peter Cooper

143,162
77,712
14,861
136,241
174,612

3- 0/485

5

1,000,000 I J.&J. 1
1.000,000 1 .1. * J. I

100X1

ifO

99

28,741

210,000
200,(XX)
2< *0,000

35

...

7

M.& S.
F.&A.

Brooklyn City—stock
1(X)0
300,000
1st mortgage
100
20X1,(XX)
Hrondicay i Brooklyn)—stock
4(X ,00X1
Brooklyn A Hunter's Pt—stock... UK)
1000
30X),(X)O
1st mortgage bon is
1(H) 1,161,(XX)
\jtntral Pk, N. A E. River—stock
550. (XX)
1000
1 st mortgage
1000
60X),OX'l>
do
in

Christopher A Tenth Street—stock
Vmey Inland A Brook'n—\.sx. mort
Dry Dock, E. B. A Battery—stock
1st mortgage cons’d

*

90.653

7885,281

200,000

37k

Sterling

2k

Q-F.

300,(XX)
4 56,(XX)

lOn

50

(B’klyn)..

National

.

....

97k

April, ’15
net., N(.
Feb., ’75.

i

M.&N.

1,000.000
53.01 X)
21. (X-

Nassau

.

Stuvvesant

5

1

1,(XX) .(XX)
5(X),o00

....

172
165
145
140

Last
dividend.

10

5 (XHl.(XX)

50|

.

,.

125,796
f329,< 9<

10

J.&J. ! 7

i'O 4,000,000
10

fiO

Montank (B’klyn).

I

4
i
5

.

SOUjJPO

N. Y
Brooklyn

Metropolitan

.

Place.!

7k

.

1 i 00,000

s

.

50
50
: 0

...:

Williamsburg Clt

J & J.
J & J.
M.& S.
J. & J.

386, (XX)

4,(XXUXX)
2, OX).(XX)

Manhattan

’75...41

tan..

Q-J.

1,850,(XX)

..

”99"

43.U07

250,(XX*
200,000
150,(XX)
200,000
200,000
300,000
2(0,000
2<X),000

50

Mercantile
Merchants’

“93“

.4

322,559

30

10

80
no

......

:0k 17
14k 20

5

147
110

July, *74. 5
Feb., *75. It* 295
Jan., ’75.10 210
Jan ,’75..10 160
Feb., *75.19 *.eo
Jan., ’75.10 140
85
Jan., ’75..5
Jan., ’75..5

5

20

20
20

....

•

398,751
116,672
323,224

200.000

25

Mecbanic8’(Bklyn)

10
20

.

1*

85
142
:(5
70
75
’05
200

Jan., *75. .5

17
10
10
5
10
10
5
13
11
8k 8k 10
20
30
20
10
10
10

81,306
97,940 10
19,937 10

150,000
280,000
150,000
200,00X1
150,000
200,000
300,000

100

5
.

Askd

70

7k Jan., ’75. .4
10
Jan., '75. .5
Jail., '75..5
10
20
Dec., *74.10

.

....

103,654 10

200,010

25
1(M)

Meeli.&Trad’rs’....

Bond*.

-

A. & O.
F. & A.

3'X)p i'0

.

Long Island(Bkly.)
Lorillard
Manuf & Builders’.
Manhattan

'its"

Julyl8/74.3k

Q—F.

20, 1,200,000

certificates....

Lenox

it 9 ‘

Feb.1 *75...3
Jan. 2/75...6
lan. 2/75...5
Jan. 2/75.3*4

Jan. 2.

8

8

106“

12s

8
8
2 V. Jan.2’74.2kg 1
8
Jan. 2/75*. 4
J m. 2/7>.. .51
10
Nov 2,71...5
10

9
8

Kings Co. (B’klyn)
Lafayette (B’klyn)
Lamar.. [

'

Feb. 8, ’75. 4
F b. 8. ’75 .1
.Jan. 2,’75...8
Jan. 2. ’75.. .7
Jan. 2/75...6
Jan. 2,' «5.. .4
Nnv.ll>/7L. 4

8
8
3
12

Jefferson

.

:si“ *135’ ’

July 1, "74.3A
Jan. 2. ’75...6

10

.

94,133

200,(XX)
200,000

Knickerbocker

‘126”

Jan. 2.'75 ..4

12

.

.

.

•

14

9 20
119,558 10
26,2 6
92,615

•

18
20

4 i 4,(1

20i> (X 0

1(X
30
20
i0
50
100
25
50

.

.

20

20

S-.6 601

150,000
r 00,000

Irving

”94"

’73. .3

Jan.,

i>

do
Harlem

2. ’75..

.fan.

8
7
12
12

12
12
10
7

...

.

49,7:37 10
27,478 10
123,6:9 10

200,(XX)

5(1

•

2(19.894 14k 20
17
156,907 14

200,000
1,000, OOX)
300,000

Importers’* Trad..

14
10

10
•

13

212.373

300,0)00
2(0,OOX)

Hope

121
•

200,000
153,000
30X1,000
210,000
250,000

25
50

Howard

•

....

17
10
10
10(1
100
50
50
25
100

Hamilton
Hanover
Hoffman
Home

"0
13J

200,0X0

204,000
150,000
150,000
200,000
1,01 0,000
500,000
206,000
200,000
200,(XX)
15
150,000
50
f00,000
50
200,000
100 3,' 00,000

iO
14
10

14
6

•

Jan.,’75. .5
.Lu.,’7t..7
•jftn *y i5.. 1

3k 10

17
12

.

200,(00

Greenwich
Guardian

10

•

....

200,000
3(0,000

5i

Globe

.

.

.....

....

’73... 5

.May,

12

2,(XX),(XX)

iso’

Jan. 2, '75.. .4
8

...

......

Jan. 2, ’75...5
Jan. 2/75...7

Pur; Amount.1 Periods
i
i

25]

130

Apl. :,’75. .4
N. v.b ,'74..4

and City R.lt. Storks and
[Quotations hy Charles Otis. 17 Exchange

Brooklyn Gas Light Co.:
Citizens’Gas Co iBkhn

••••••

Ian. 2. ’75...4
Jan. 2/75...4
lan 2, ’75..4
Jan. 4, ’75.. .5

8
1

8
6

59

195

Feb. 10.’75..5
Jan. 2,"75.. 3 A
Jan 2, ’75...n

(>as

Gas Companies.

93

•

68,766
5,095
15,486 10
106,636
390,375 20
7,721
260,575 14
240,411 20

200,000

Gebhard
German-Amencan
Germania

io5k

3k Fe'j.l2/74.3k
Ja 1.10/75.. .4
9
10

.....

•

•

244;6«3

200.000
206.000

100
100
30

pnrinm

Exchange
Karragut
Firemen’s
Firemen’s Fund
Firemen’s Trust...

’94"

3

£4,339

Paid. Bid

1871 1872 1873 1874 Last

5

2*2,117

200,000
400:000
200,000

40

Empire City
F,n

129k
i

ommerce

Eagle

*99'

98 X
163

Jan. 2. ’75...5
Jan. 2 '75...6

.

2,000,0 0
1,(XX).OIO

100

loo1

10
12

F.&A.
F. & A.
J. & J.
.1. & J.
J.& J.
J. & J
M.&N.
.1. & J.
J. & J.
•T. & .1.
M.&N.
1. & .1.

300.(XX)

100

8
12
7
10
10

3H

1.000,000
300,000

100

14

.

2,000,(XX)

200

July 1, ’74.. 4
•‘ch.l, ’75. .4
Jan. 2, ’75.. .7

.1. & ,T.
.1. & J
J. & J.

2,000,000

......

2, ’75...5

11

Columbia
Fire—
Commercial
Continental........

May 1, ’74...7
May, 1,’7I..10
.-ov. 1,’74..1" ‘215“
.Jan.

Brooklyn

(

v.2, ’74.,-fApl i0.‘75..1
Feb.l, ’74.. .3

10
g
8

W

*132 '

Citizens’.
City
Clinton

......

10
8

Broadway

......

11 2-3 Ni

•

ii9k

i80

Apl.5. ’?n.2k

8
3
7
10
20

..

Brewers’ & M’lst’rs

118),
93k

Jaa. 2. 75...3
Jan. 2, ’75.. 4

8

Atlantic
Bowery

125
300

Jnly 1,’74 .4
J lit v 10/73.3 k

ii

Arctic

T.eo'6

i.’Ti.io

Jan. 2, ’75.. .4
Jan. 4, .7-5.3A

Amity

97
.....

2. ’75...5
!, ’.5.. .5
4, 75..-4
4.’75...4
1, '75. ..5

.

American
American Exch’e..

’isV

2. ’75...5

14

...•

.

2'*0,00)0

:.o

7

10
20

.

2,000,000

Metropolis*
Metropolitan
Murray Hill*

100

8

Q-F.

20( ',000

3a.00.0C0

m
UK)
100

10
8

/Etna.

1875.*

200.000

25
10X
50
100
100
20
50
25
100
25
17
20
70
100
30
100
50
100

Adriatic

2,*75...4

Jan.
Mch
JftM.
Feb.
Jan.
Jan.
F b.

20
3
4

14
15
!)
10
8
8

.

Jan.

10

M.&N.

50
50

Merchants
Merchants’ Ex

10
4
1(1
91

7

Par Amount.

Jan. 2, ’75..6
Jan. 2, ’75.. 12
Mch. 1, *75..5
Jan. 2, ’75...5

....

8

J. & J.
M.&N.
A.& O.
F. & A.

210,000
200,000

.

,

10
12
7

Q—J.
Q-J.

000,000

l

21
16
10
8
12
100
10
20
8

J. & J.
.J. & J.
J.& ,J.

1,500,000

IS

Prick.

Dividends.

156

2/74...4

Nov

Companies.

Askd

Jan. 2,*75...5

.

J.&J.

600,000

1

10
g
12
24

ArXf

J. & J.
J.& J.

5,000,000
■)

1874

Last Paid.

10

Q-J.

500 00 i

UK)
25

23
4C
100
100
100
50
100
100
100
50
100
10)
100
25

.

Bid.

1873

J. & J.
J. & J.

1,500,000
1 ,(M) 000
100,000
1,000,000
350,001)
UU,000
170.00C

50

& J

\f

100 UiUUU|vA/U
100
250,000
25
1,000,0110
25
300,000
25
800,000
100 2,000,000
25
450,000
100
800,000
25
6;«).000
100 1,000,000
100 10,000.000

100

Net Sdk
PLUS,
Jan. 1,

Capital.

^

Marked thus (*) are
Par Amount. Periods.
not National.

broker, 65 Wall street.)

(Quotations by K. 8. Bailey,
Pbice.

Dividends.

Capital.

Companies.

1876
1889

1879-90
1901
1888
1879-82
1877-

January & July.
do
do
do

do
do
*

1399-1902

do

1674-1900
1875-91

Broker, 2k Wall st.]

99

100

107

110

99
*:oi
96
,104 k

102
97
108

107

11C

96
•10o

105

88
100

99

7C3

i«e
162
i"i
10-7
100

1902-1905
1881-95

May & November.
do

91

9S
1!0

1915

do

do

101k

no
i(i k

!01k

97

89
102
102
102
101

*•

•

do
do
do
do
do

do

99

91

101k
101k

97
108

1875-80
1881-95
1915-24
1903

January & July,

qo

92
101 k

1872 79

Jan., May, July & Nov.

do
do
do
do

91
100
9u
1*0
100
:o9
93
91

1

1880-83
1875-80

i<*k
109

:i9k

105
l' 6k
110k
111
1(9
10a
1 Ot
1(9

112

THE

5J

April 10,

3

it

“
In this view, the promise by the defendant
is a direct one to
becomes the holder of bonds on the faita of it. and, although the

vestments

STATE, city and corporation finances.

304.
“If the

found it desirable

foregoing is a correct view of tho legal relations and rights of the
parties, it follows that the contract between the defendant and the plaintiff
was complete when the plaintiff bought the bonds upon the
strength of the
promises or representations which the defendant authorized, as it is alleged,
to be made, and that plaintiff’s rights are in nowise dependant upon whether
the Lawrence Company (the lessor) kept its contract in respect to tixes, fences,
etc., and could not be affected by a subsequent re-cission of the contractor .June
14,1870, and the surrender of the road by the defendant to the Lawrence Com¬
pany.”

last Saturday of each
month, instead of the first, as heretofore announced. The tables
will therefore be published regularly hereafter on the last Satur¬
day in each month, commencing with April 24, inst.
to issue

the “Investors’ Supplement” on the

Indiana Central.
meeting of bondholders was held Tuesday, at No. 50 Wal]
street, for the purpose of hearing a legal opinion.
Columbus Chicago &

4.This
A

•

The counsel of the

whoever

facts are

different, the ca-e falls within the principle of morality, fair dealing and en¬
lightened justice asserted by the Supreme Court of the United States in the
cases of Lawrason & Mason. 3 Cranch. 492; Annotated 2, American Leading
Ca-es, 298; Woodruff vs. Trapnell, 10 How, 206 ; Curran vs. Araansass 15 IIow,

AND

The Publishers of the Chronicle have

355

CHRONICLE.

ANNUAL

bondholders’ committee, Mr. Charles F.

REPORTS.

Northern Central.

Southmayd, made a statement at considerable length, reviewing
(For year ending December 31, 1874.)
history of affairs, and speaking of some measures open to
Although the lease of this road to the Pennsylvania was defeated
bondholders for obtaining their rights. Mr. Southmayd spoke last year, the company lias passed altogether under the control of
much against the Pennsylvania Railroad, giving bondholders to the latter by tho election of a board ot directors in that interest,
with Mr. Tiios. A. Scott as president.
understand that the Company was unscrupulous, and stating that
EARNINGS AND EXPENSES.
he had decidedly advised clients of his not to purchase these
Main
Elm'a Canada Chem. Shamo.
Total.
Receipts.
Div.
Div.
Div.
Line.
Div.
bonds on the strength of its guarantee.
$
*
$
$
$
$
2.161,692 419.818 265,821 19 i,989 291 -97 3,360,217
Briefly, the measures proposed were that first-mortgage bond¬ Freight
553.50 * 143,425
70,646
67,173
29,866
861,618
Passengers
holders should surrender their present bonds and take a six per Express matter
210
12.245
11.528
5,378
84,095
54,703
3,300
l,4oO
Mails
28,110
53,465
13,650
6,975
cent, bond, positively endorsed by the Pennsylvania Railroad,
862
494
994
3.864
Miscellaneous
314,103
307,887
the

....

....

.

provided that Company would agree to it,and he spoke as if such
a proposition had been suggested.
Otherwise, that first-mortgage

To‘al
Same

bondholders should foreclose, but perpetuate

the lease, and for
of paying those who would not consent, that the
assenting bondholders should agree to pay, as a maximum. 23 per
cent, on the face of their bonds (about 40 per cent, of their present
value), this to be repaid with new bonds under the reorganization.
Mr. Southmayd did not speak of the point which has been
considered by many the main question at issue, viz.: whether or
not the circumstances of the guarantee and sale of the bonds do
not constitute a direct contract from the Pittsburgh Cincin¬
nati & St. Louis Railroad and the Pennsylvania Railroad, to
every individual bondholder.
The facts of the
1.

case were

these

:

To pay and apply the thirty per cent., being the balance of the gross earn¬
ing-*. First— or the payment of the coupon# upon the paid bonds, amounti g to $15,821,000.
44 But i' the same shall not be adequate to such payment
in full inauv one year, then the said party of the second part will pa>r any such
deficiency out ot its own proper moneys, without charge, reclamation, or sub¬

both the Pittsburgh, Cincinnati & St.

Louis, lessee, and the Pennsylvania Railroad, guarantor, joined in
a letter to the trustees of the mortgage, stating that—
You are, therefore, authorized to inform the holders of said bonds, and to
give such further public notice as you may think proper, that ihe interest
on the said #15.62!,000 of bo* ds will
be regularly paid by the Pittsburgh.
Cincinnati & St. Louis Railway Company, according to tue tenor of said
41

amended contract and lease.”

3. Pursuant to
ink

on

this, such

a

given by printing in red
following :

notice

the back of each bond the

was

‘•The within bond is additionally secured by a lease of the road to the
Pittsburgh Cin. & St. Louis Railway Co. And the payment of the interest and

principal of the entire series of bond-1 mentioned herein is guaranteed by the
Pittsburgh Cincinnati & St. Louis Railway Co. and the Pennsylvania Railway
Company.”

St. Louis
reason

was never
or

disapproved in

any way

by the Pitts. Cin. &

tbe Pennsylvania Railroad, as there was, indeed,

that'it should be, and the bonds were then sold at

a

no

high

price in this market.

question arises, has not every bondholder a good
right of action on this contract directly against the lessee and
The main point
guarantor for the collection of his interest.
turns on this, for no one denies that the lessee may proceed
against the C. C. & I. C. for non-performance of covenants in the
lease, and may very likely be successful in breaking the lease.
The question, as between the three contracting railroads them
selves, and as between them and bondholders who have pur¬
chased for a valuable consideration, should not be mixed up, and
there seems to be some danger that the case will get befogged in
Now

the

this way.
In a similar

question in the United States Circuit Court in Mis¬

souri, where bondholders sued a lessee to collect interest on bonds

guaranteed by the lease, although that lease had
already been broken and cancelled by the failure of the leased
company to perform its covenants, Judge Dillon, a man of great
experience in railroad law, says in his opinion : which had been

“The pi intiff (bondholder) alleges that to induce p rsone to buy the bonds,
the present defendant (lessee) requested the statements to be made therein
that payment of interest was guaranteed by it, and secured by a contract of
lease of June 14. 1870<that it approved of this statement in the bonds, and

afterwards, with full knowledge of these fac's, and that the purchase of bonds
had been induced thereby, paid to the Bank of Commerce the several instal¬
ments of interest on said bonds
np to that which fell due Nov. 1, 1873.
Assuming these allegations of the petition to be true, onr opinion is that
they constitute a good cause of action in favor of the plaintiff, and one which
may be enforced in an action at law directly against tne defendant.
“




...

3,105,930
3,230,722

*

321,266

4,*>76,500

302,375

350.487

5,031,365

26,220

354,865

1,074.930

35,040

115,403
117,641

60,421
63,872

70,235
45,128

9i7,745

7,124

6.460

915

310,980

519.536

180,418

129,720

3,856
63,092

74,248

1,437

864

495

58,466
11,616

981,234
88,662

186.361

3.383,553

185,701

3,7*1.435

541,061
232,624

....

...

....

...

Increase
Decrease
Net earnings 1874

93,613

267,335

181.682
157.037

617,123

M Jive power

Total
Same 1873

355,964
449,577

75 198

124,792

....

Expenses
Condue ing transports.
Maintenance of cars
Maintenance of way
General expenses...

623,003
698,202

2,107,597

527,700

2,299,421

659,820

370,155
423,389

191,7.38
203,103

191,823

132, i 19

53 233

11,364

938,337

95,303

*14,191

75,597

660
....

...

..

•

•

•

•

•

387,881

•

137,905

1,292,947

Deficit.

The

earnings

per

mile of road were as follows :

Northern Central Railway
Baltimore Division Northern Central

By the terms of the lease they agreed

rogation therefor.”
2. The Presidents of

....

period 1873.

Decrease

the purpose

..

Susquehanna Div.
Shamokin
Elmira

“

“
44

•

Railway

“

4

t<

138 miles
91
44
47
28
78
18
47

“
*4

“
44

$22 450
21,175
24,917
11.580

7,987

14,851
“
hemung
44
7,573
Canandaigua
“
The total number of tons and tonnage mileage, and the revenue
derived from the same on all lines of the company were :
t•

■

<

«»

*

Tons.

Tons 1 mile.

5 .210,591
5 ,534,033

1874
1873

Money.

$3,360,217
3,645,751

21o,980.532
226,039 567

323,442

$285,533

Rate per ton
per mile.
1-549
1 613

9,059,035

Decrease

0*064

Mr. Thos. A. Scott, the new President, says in his report:
The
good condition ot the track on the main line from Baltimore to
Sunbury, lias not only been fully maintained throughout the year,
but a decided improvement has been made, your line now being
in excellent order.
In July this Company

resumed possession of the Green Spring

Branch, extending from RHay to a connection with the

Western

Maryland Railroad near Owing’s Mill, a distance of 84 miles; thin
branch it is proposed to extend to Owing’s Mill, requiring about
mile of new track.
The Board have decided that tlie following improvements should
at once be commenced, and pushed to completion, viz.:
A grain
one

with a storage capacity of 500,000 bushels, aud
capacity of seven to ten millions of bushels per
annum ; a warehouse lor rolling freight at Canton, 500 feet by 60 ;
and a coal wharf and trestle at Canton, 600 feet long and CO feet
wide, over which 500,000 tons per annum can be transferred.
The estimated cost of these improvements, and of the comple¬
tion of the car shops at Mt. Vernon, together with certain needed
extensions of the sidings at that point, is $600,000.
A consolidated mortgage ot $10,000,000, bearing 6 per cent
interest was created May 26, 1874.- Under the provisions of this
mortgage it is provided that $6,000,000 shall he reserved to take
up prior mortgages leaving $4,000,000 applicable for its present
and future wants.
Of this amount $2,000,000 have been sold
through the house ot Drexel & Co.,-of Philadelphia, realizing 86
per cent, net, and the proceeds received were applied to the pay¬
ment of he then existing debts of the Company.
(Another $1,000,000 has just now been authorized as stated in
Chronjcle of April 3).
A dividend of 34 per cent was made in July last, and a balance
left of net income of $82 704 80, which is equivalent to about i\
per cent additional, showing that the line, notwithstanding the
depressed condition of its traffic has earned about five per cent
upon its capital stock.
BALANCE SHEET, DEC. 31, 1874.
elevator at Canton,

a

total transfer

Assets

$11,477,904 91

Railway and appurtenances

96 '.481 53

Real estate

Eqnipme t

Stock of Chemung R R. Co., and
son &
Canandaigua R. R. Co
Cash on ha d and in bank
Due from agents

Elmira, Jeffer¬

3,740,38? 40-$ 16,178,773 8
292,080 02

96,826 72

3,048,689 8

Due fr< m connecting
Bonds and S ocks

652.376 31

1,700,245 39

-356,811 57—

£20.927,700 05
Liabilities.

Capital stock. 116,840 share?
Mortgage to Slate of Maryland to secure
of $00,000 irredeemable
Other mortgage bonds

$5,812,000 00

annuity

Income bonds

1 500,000 00
8,000,000 00
4,000,000 CO

$680,821 47

payable

Interest and rent
Interest coupons

59 201 25

accrued

372,605 53
376,262 92

Pay rolls and voucher*
Other current liabilities

55,101 18-

1,502.993 25
$70,844,995 25
82 7.14 80

Profit and loss account

$20,927,700 05

Marietta & Cincinnati Railroad.

(For the year ending

December 31, 1874.)

decrease in gross
$32,3(51.09, and the decrease in expenses
$122,975.82. The net earnings for 1874 show an increase of 21
per cent, as compared with 1873, and of 27$ per cent., as com¬
pared with 1872. The revenue from passengers was $514,098.50.
There was an increase in the number of through passengers of
0,257, and an increase in revenue of $1,457.23. The revenue
from freight was $1,389,887.88.
There was an increase of 13,275
tons of tlirough freight transported, and a decrease in revenue of
The annual report,

has been reduced by the paythe city of Bangor loan, $474,000, and Somerset & Kenne¬
bec first mortgage, in part, $247,000; total, $722,400.
These liabilities have been met by the sale of consolidated
bonds, and by notes payable, increasing our liabilities only $14,Since the date of the Treasurer’s report $40,700 of the Som¬
332.
erset & Kennebec bonds have been paid, which leaves but about
The bonded debt of the company

302,000 71

roads, &c

Materials and supplies

Bills

just issued, states that the

earnings in 1874 was

121,990.29

ment of

$12,000 of these bonds outstanding.
On the 28th day of December, 1874, your directors consum¬
mated a contract with the Boston & Maine Railroad for doing a
joint business on terms which we trust may be mutually advan¬
tageous to the corporations interested and the public generally.
By this contract the Boston & Maine Railroad aopeu that line to us
for through business on nearlythe same terms granted us by the
Eastern Railroad Company by contract of 1871, and receive from
us the same privileges and services which the Eastern were enti¬
tled to under that contract.
In effecting this arrangement with
the B. & M., it became necessary to modify and change somewhat
the contract of 1872 which we had with the Eastern, road.
To do
this required the consent of that corporation.
After mature
deliberation and a full canvass of the important proposition, the
Directors of the Eastern and the M. C. agreed to cancel all exist¬
ing contracts, and substitute therefor a new contract embracing
essentially the same provisions and terms contained in the con¬
tract between the M. C. and B. & M.
These contracts are for the
term

of five years.
INCOME

rates of 1873, which were much lower than previous
bad been obtained, the revenue for 1874, from the trans¬
portation of through freights, would have exceeded by $132,740 79, the amount earned from this source.
For the interchange of through cars between the Marietta and
Cincinnati and the Ohio and Mississippi companies, the construc¬
tion of the Storr’s Branch of the Cin. and Balt. Railway, in the
city of Cin., was commencsd in 1873, and when completed will
perfect the most economical system of transfer which can possibly
be arranged for the large and constantly-increasing traflic with
the Ohio and Mississippi Road.
$52,435.27 have been expended on

If the

this account.
The Baltimore Short Line was opened for business on the loth
of November, 1874.
It commences at a point 5£ miles east

Scott’s Landing. The maximum gradient is 1
the rate of 52-8 10 feet per mile ; and the minimum

$812,399

K. stock, &c. 569,138

18,003
36,060
32,881

Belfast &Moo«ehe:ul Lake Railroad
Discount and commissions oil bonds sold
Kent of

$656,019
$156,380

Balance
SHEET.

BALANC E

Dr.

$9 062,S19

Construction account

768,313
1,650,579

Androscoggin RR. lease...
Equipment account

5,0)0

Tieonic water-power stock
Due
from
other fouls?,

229,328
5,060
1 0(0
1)4,741

receivable, »fcc
Dexter & Newp’t, lilt stock
E. & N. A. Railway bond..
Wood and coal onliand....
Stock for repairs on hand.
Cash on hand
notes

of
Athens, and runs to Belpre. The entire length of the line is 30
miles, being a reduction of 10 miles as compared with the old

route via

ACCOUNT.

Enruings after paying expenses
'
Intcresr on bonded debt and dividends on 1\ &
Rent of Dexter & Newport Railroad

years,

at

[April 10, 1875

THE CHRONICLE

356

in 100, or
radius of

curvature 1,320 feet.
The authorized capital

I

Total

61.056

33,391

Cr.
Bonded debt
Bills payable.
Due Dexter & NewportRR.
Due dividend and coupon
interest not called for..,
Du • sundry persons
Portland & Kennebec stock
Yarmouth stock ccrtific’tcs
Interest

Total

South Carolina

1,27,089

6,00J

17,704

7,718

741,4C0

10.200

496.892

scrip

Maine Central stock
M. C. stock, b’ds & coup’s.
Profit and loss balance

$12,834 85)

$6,054,264

*

8,692,000
18,120
603,400

$12,831,850

Railroad.

31, 1874.)
the

(For the Year ending December

The earnings have been, $1,305,972 ;
expenses,
balance of earnings, $515,450.
In comparison

$850,515 ;

with the previous
stock of the Baltimore Short Line is
$1,125,000, and a first mortgage has been placed upon the road for year, .there is a decrease of earnings of $125,043; of expenses,
$750,000. The stock is guaranteed by the Marietta and Cincinnati $64,035 ; and of net. earnings, $01,008. These comparatively un¬
Company at the rate of eight per cent, and the bonds at seven per favorable results, are due to the deep and widespread depression
of all industries, consequent upon the financial revulsion of 1873.
cent per annum, and the sum of these guarantees, with an amount
Of the entire freight earnings of the road, $1,121,779 95, the
not exceeding $3,000, for maintenance of the organization, will fix
the rental to be paid by the Marietta and Cincinnati Company lor report says, the large proportion of $883,542 31 is furnished by
the use of the Baltimore Short Line, upon its completion, which
points practically within our own control ; and the business
will be in the spring of 1875, as only some additional sloping and derived from the Greenville & Columbia Railroad exceeds that
widening of cuts and embankments remain to be done. The done with the Georgia Railroad, and the entire system of connec¬
tions west of Augusta, in the large sum of $91,204 02.
entire through trade is now run over the Baltimore Short Line.
The expenses of the year were 02*204 per cent of gross earm
The completion of the Baltimore Short Line furnishes the last
link in forming a perfect route between Baltimore, Washington
ings. Net income of th^ year was $510 985; interest and pre¬
mium, $4(3,701: balunce to profit and loss, $103,224.
and Cincinnati.
The Board previously referred to the necessity of meeting
OPERATIONS FOR T1IE YEAR.
JReven xte.
annually large amounts of maturing bonds, which immediately
From the transportation of passengers
$514,098 50 had to take the shape of bills payable at higher rates of interest,
From the transportation of freight
1,389.887 88 and wait gradual reduction through balance of earnings. During
From mails
. ...
115,060 13 this
year the last of those troublesome obligations fell due,
From express
59,910 81
From telegraph
8,508 47 amounting to $224,000, which will account for the increase of the
Miscellaneous sources
7 014 85 bills, but this increase is more than counteracted by the decrease
of the bonds payable.
the
Total gross earnings
$2,091,510 64 not been benefitted by The income offrom company this year has
any receipts
its steamship invest¬
The cost of operating the line was $1,571,359 89, leaving a net
ments.
The board submitted to the stockholders of the Char¬
revenue of $523,150 75, or 25 per cent of the gross earniDgs.
lotte Columbia and Augusta Railroad Company proposals for a
GENERAL BALANCE SHEET DEC. 31, 1874.
lease of their road for a period of not less than ten years. These
Cr.
Dr.
1st preference stock
$8,105,600 proposals are believed to be quite acceptable to nearly a majority
Railway and equipment... $23,550,620
4,440,100 of stockholders, and they have been referred to a committee
285,180 2d preference stock
Real estate
’
1,386,350 instructed to confer with us,etc. Under the direction and through
Cin. & Balt. It’I way stock.
669,050 Common stock
..
67,919 the agency of the president of the company, but not in direct con¬
Balt, bhort Liue It. slock..
1,050,600 Scrip
11,007.8-6
Balt. Short Line Cur. Acc’t
607,921 Mortgage bonds
S. & II. V. mort. bonds
300.000 nection with it, arrangements have been made to rebuild the
Cin. & Halt. Current Acc't.
40.227
-.
79,877 Laurens Railroad, and put it in a condition for efficient service.
61.580 Pay rolls
Materials on hand
special loans
The following shows the operations of the road during the year
Suspense account
155,000 Bills payable, accounts.... 6,003,741
and current
...

Profit and loss account....
Total

4,938,925

$31,391,505 1
Maine

1874:

$33,351,505

Total

Central Railroad.

s

(For Tear Ending December 31, 1874.)
The Directors’ report states : The total earnings for 1873 -were
$2,068,077 78; operating expenses, $1,330,501 44; net earnings,
$737,570 34. The total earnings for 1874 -were $2,094,080 55;
operating expenses, $1,281,681 25; net earnings, $812,399 30;
showing an increase of net earnings for 1874 of $74,822 90. The
average price per mile for passengers was 3 3-10 cents.
The
number of tons of freight carried has been 422,400 ; increase over
1873, 20,490 tons ; average price per ton per mile, 4 7-100 cents.
The number of miles run by engines connected with passenger
trains has been 504,210; with freight trains, 450,032; for wood,
construction and miscellaneous work, 287,178 miles.
A

general stagnation of business

materially affected the business of
receipts have only been increased

$26,000,



Earninqs.
Passengers
Freight
Mail Service

Total receipts
Net

earnings

*

I

Expense*.

.$226,016 | Conducting transportation.. $291,528
1,121.779 | Maintenance of motive power 220,224
18,176 ! Maintenance of way
? 211,104
Maintenance of cars
81.310
General expenses
43,345
$1,365,972

Total

operating exponses..

$850,515
$515,456

Virginia Finances.—Of the law passed by the recent Legisla¬
which we referred to last week, the Richmond Dispatch
says that it constitutes the Governor, two Auditors, Treasurer
Attorney General a board to set aside so much of the revenue as
will be necessary to meet tlie current expenses of the State govern¬
ment.
The balance is to be placed to the interest account, and
two per cent, or as much thereof as possible, not exceeding two
throughout the country has per cent, is to be paid on the interest due on the public debt in
our road, so that its gross 1875. Non-interest bearing certificates are to be issued for the
over tfiose of 1873 some
unpaid balances of interest,
ture,

and

April 10, 1875.)
GENERAL INVESTMENT

THE

CHRONICLE.

NEWS.

Alabama & Chattanooga.—By agreement between tlie Trus
and bondholders of this road, the sale under decree of
the United States Circuit Court, wliicli was to have taken place
April 5, was postponed until the first Monday in May next.
tees

Atchison Topeka & Santa Fe.—The managers of this road and
a number of Boston capitalists issued a plan of organization
by
which the Pueblo & Arkansas Valley railroad company are to issue
first mortgage, seven per cent gold bonds for $14,000 per mile,

$2,000 to be reserved for improvements, if said issue is approved
by three fourths of the trustees. Tbs stock shall never exceed
$15,000 per mile, execept such as may be issued to counties and
towns in exchange for bonds, and 1o the Atchison Topeka & Santa
Fe for bonds purchased by said road.
These bonds and stocks shall
be issued only as the road is completed in sections of not more than
25 miles.
The road to be extended westward from Granada, Kan
to Pueblo, Col., during the coming Summer.
Connection to be
made with the Rocky Mountain & Pacific Coast railroad system.

357

they held large amounts of its bonds. They conclude “that the
Dayton & Michigan and the Cincinnati Richmond & Chicago
Railroads are becoming sources of handsome profit to our com¬
pany.”
“That although the purchase of the Junction road cost our
much

company

more

than it should have cost, and

was

made

hastily, carelessly and without due regard to tlie interests of tbe
Cincinnati Hamilton & Dayton stockholders, there is reason to
hope that the present improved management and favorable
arrangements for securing business may make the road profitable
to our company.”
“That the business affairs of our roads are at present under better
and more
satisfactory management than for some years past; and
unless general business depression prevents, there seems no reason
why dividends can not be resumed wiihin a year.”
A motioii was carried, that a committee be
appointed to nomi¬
nate Directors at the coming
election, which will be held on the
third Tuesday in June. The President accordingly
appointed as
such committee, Dr. Murphy, B. 13. Whiteman and Robert Brown.

Detroit & Milwaukee.—Tbe Montreal Witness of April 6,
having declined to accept the terms
the City of Richmond to use her credit to the extent of a million
lately offered by the Detroit and Milwaukee Railway for the
cf dollars in finishing the partly built Western connections of the
redemption of the Street Douglas bonds, the mortgages on the
Chesapeake & Oliio^Railroad. There is a gap between Huntington property of the
railway have been foreclosed and a Receiver
and the Lexington & Big Sandy Railroad in. Kentucky, to be com¬
appointed.
pleted, in order to finish the road.
Geneva Ithaca & Athens.—This road has been put in the
Chicago Danville & Vincennes.—There are three parties now hands of Howard Elmer, of
Waverly, N. Y., as receiver, in a suit
in the field—first, Mr. C. R. Field, who is the real party in in¬
for for< closure.
The road was formed by tbe consolidation of tbe
terest in the suit of Osgood against the
Company, in which Geneva & Ithaca and the Ithaca & Athens, 77 miles
long, from
receivers were appointed by the Will County Circuit Court;
Sayre, Pa to Geneva, N. Y.
second, the tfficers of the Company, together with the trustees
of the first mortgage, who have commenced a suit in the United
Kentucky & Great Eastern.—The line of the proposed
States Court in Chicago to have the receivers removed ; third, the Kentucky and Great Eastern extends from Huntington, West Va.,
the present terminus of the
committee of bondholders, who were appointed at a recent meet
Chesapeake and Ohio Railroad, to^
iDg, and who will report at a meeting called to be held on Cincinnati, and along the southern shore of the Ohio River, a
distance of about 150 miles.
A portion of tlie track is already laid.
Wednesday, the 12th inst., at 203 Broadway, first floor.
—Judge Drummond has given hie opinion in the case of At Mavsville connection will be made with the Maysville &
Osgood vs. The Chicago Danville & Vincennes Railroad Com- Lexington Railroad, opening a route to Louisville and the South¬
west, and at Huntington with the Chesapeake & Ohio Railroad.
pany, on the motion to dismiss for want of jurisdiction.
—Stephen Osgood filed a bill against tbe Company in ilie Will The following board of Directors lias been elected : President,
County Circuit Cou.it, asking for a Receiver, and other relief. An Gen. A. J. Warner, of Marietta; Vice President and General
injunction was issued and Receivers appointed without notice. Manager, Major John Byrne, of Cincinnati; Secretary, Thomas
Subsequently a motion was made to remove the cause to the Wiightson, of Newport; Alfred Gaither, lion. Stanly Matthews,
Federal Court, and refused.
Under the late act of Congress M. E. Ingalls, J. Broadweil, Eli Kinney, and R. S. Col mm, of
enlarging the jurisdiction of the Federal Courts, another move was Cincinnati ; George Bliss and Win. A. Booth, of this City; Win.
II. Wadsworth and John M. Duke, of
made by filing a petition in the State Court, though in
Maysville,and Hon. Thomas
vacation,
and a transcript of the record was then taken to the Federal Court L. Jones, of Newport.
It is proposed now to push the line forward and
on tlie 24th of MaTcli.
A few days ago a motion was made to
parties
di-miss, on the ground that tbe Federal Court had no jurisdiction, connected with the Indianapolis Cincinnati & Lafayette Railroad
are prominent
and argued for two days.
among the parties interested.
—Judge Drummond,in giving his opinion, said that the intention
Louisville New Albany <fc St. Louis Air Line.—There has
of Congress seemed to have been to consolidate in the late act all
been some contest over the election of
managers of this road,
tlie previous acts, and at the same time extent somewhat the
which is a partly finished line from Louisville to St. Louis. The
jurisdiction, The Court had jurisdiction in suits between the President’s
report for the year 1874 shows that the bonded debt
citizens of different States, without regard to the fact whether or
amounts to $810,766 42 ; floating debt $179,182 20.
Total debt,
not one of the parties was a citizen of the State where the suit was
$989,948 62; the floating debt as above has filed with it 319 of
*
*
*
The purpose of the act obviously, the
brought.
company’s first mortgage bonds as collateral security. The
was, if the record was filed in the Federal Court under the law, and
finished portion of the road leading from Princetou, Indiana, to
the Court could see was that it had jurisdiction of the case, that it
should retain it, notwithstanding there might be defects in the Albion, Illinois, nearly 28 miles in length, has, during the last
year, more than earned a sufficiency to defray the ordinary
manner of removal.
The motion to dismiss would therefore he
running expenses. The company has been trying to place its
removed.
bonds in Europe, and was on the point of success when the
panic
Chicago & Lake Huron.—Work is in progress on the connect came and defeated them. The President also says that “ at several
ing link between the two divisions, the 46 miles from Lansing to times during the progress of the year that is closed we were
Flint, Mich.
encouraged to believe that our bonds were on tbe point of being
Chicago & Paducah.—This road on March 24tli was taken out negotiated.”
of the hands of the Receivers, Chas. Voorhees and T. Van ValkenThe following is the balance sheet of December 31, 1874 :
burg, some irregularities in the action of obtaining the appoint
Assets.
Due
ment
$2-26,376 06
having been discovered, and tbe township of Douglas, Bills from subscribers to Capital stock
receivable
13,200 00
Etfiingham county, withdrawing from the action it had taken in Due from agents and others
1,540 47
bringing the former suit. It is said that the road will now be Due from Gibson County Bank
345 00
Due from Post Office Department and Express
53 78
Co
managed by the old officers.
.

Chesapeake & Ohio.—The Legislature of Virginia authorized

states: The Merchants’ Bank

,

-

....

Cincinnati Hamilton & Dayton.—The failure to pay a divi¬
dend in October, 1873, and in April, 1874, caused a dissatisfaction,

which was expressed May 12, 1874, in a resolution
appointing a
committee of live to examine into the condition and management
of the affairs of the company, and
report thereon. The committee

has recently reported and the leading points of the
report are as
follows:
The earnings for tlie year ending March 31, 1874, show $50,540
less thanjhe average, and the expenses $51,366 more, or 62 5
per
cent of the earnings.
The Junction road is not included in this
statement.
it did in

a

a

52 95

New Albany and Oakland...$1,649,667
P»incefon and M.t. Carmel...
255,420
Mt. Carmel and Albion.-*
376,622
Oakland and Princ.ton
18,476

Right of way in Indiana.
Eng neering at.d general

...

expense account

Buildings

85

50
27

85,341 37
17,553 15
163,308 40
1,861 65

$G,820,573 ?4
Liabilities.

Capital stock

tlie six months ending October 31, 1874,
satisfactory. If the improvement be
maintained, the year ending March 31, 1875, will, including all
three branches, show earnings only $80,094.95 less than the last
year, with expenses $141,880 72 less, and will result in a net gain
over

$211.568 26
4,010,000 00

44

Total assets

Fractional stock
First mortgage bonds
Bonds held lor contractors
Bills payable
Due on account
Net earnings of road

more

—

663 45— 2,.' 67,143 43

Instruments and furniture

year

to be able to
Day that
show a result much

Total liabilities

$1,812,750 00
176 27—$1,812,026 27
$162,000 00
17,182 20—

4,525,000 00
295,766 42

179,182 20
7,698 45

$6,820,573 34

Louisville Paducah & Southwestern.—Tbe directors have
so
Unfortunately the' demands of the Junction Railroad, (now interest'.changed that the Board now represents the Louisville city
A committee was appointed to negotiate a lease of the
called the Cincinnati Hamilton & Indianapolis
Railroad), purchas¬ road
ed by this
subject to the approval of the stockholders. Of the floating
company, have up to this time, since the purchase,
rendered the earnings unavailable for dividends to stockholders. debt of $868,963, the sum of $194,445 is for past-due coupons.
The demands of the same road also hinder the distribution of its Two coupons have been passed, and the bondholders are arrang¬
ing to begin foreclosure proceedings.
bonds to the stockholders of the Cincinnati Hamilton &
Dayton
Railroad Company, in payment of their dividends earned.
Macon & Brunswick.—A despatch from Atlanta April 5, states
The
last year of $105,571 54.

•

.

The committee

are
surprised at this result, occurring
when the expenses of railroads generally showed
diminution, instead of an increase. The committee are gratified

as

Cash
First mortgage bonds
Construction between
Construction between
Construction between
Construction between
Real estate

committee criticises the action of certain directors of the

C. H. & D, in




been

that Gov. Smith has ordered the sale of the Macon & Brunswick

effecting the purchase of tbe Junction yoad, while * Railroad, to take place

on

the first Tuesday in June next at Macon,

[April 10, 1875.

THE CHRONICLE.

358

Missouri Railroad LaW»—Under the Missouri Railroad law
Gov. Hardin has appointed as Commissioners H. J. Spaunhorst,
of St. Louis; Henry C. Young, of Springfield, and John Walker,
of Howard,
The law is similar to that of Wisconsin and other

States

company, the Court decides against the company, holding that
the interest certificates issued by the Central Road before its
consolidation with the Hudson River road, payable at the pleasure
of the company are properly taxable under the act of 1866, which

in classifying the railroads and restricting their charges.
It provides that the dividends declared by a railroad company in
suggested that tlie railroads will pay no attention to the rates scrip or money due and payable to their stockholders as part of
fixed by the bill, but will carry tlie case to the Supreme Court. tlie earnings, profits, income or gains of such company, and all
With the Missouri Pacific, the Iron Mountain, and the St. Louis, profits of such company carried to tlie account of any fund or used
Kansas City and Northern, it is claimed, the law is unconstitution¬ for construction are proper objects of taxation.
By the terms of
al, from the title conveyed in lee simple by the State to the present tlie act a dividend in scrip declared by such a company as a part
owners in
1808-9, in which the State exempts, for ten years, the of its earnings is subject io the tax whenever or wherever or to
whatsoever party or person the same shall be payable. What is
roads mentioned from restrictions.
Missouri State Bonds.—The St. Louis Democrat says: “We required to bo due is the scrip and not the funds, money or pro¬
ceeds which it represents. Beyond doubt sucli scrip becomes
Governor and Fund Commissioners have
are informed that the
operative and due within the meaning of the Revenue act when
decided to offer for sale five per cent, gold bonds of the State,
it is unconditionally declared, without containing any provision
payable at the expiration of twenty years, and redeemable at the
postponing its effect. Former dicision reversed. Mr. Justice
pleasure of the Legislature after five years.”
Clifford delivered the opinion.
Mobile Si Ohio.—Owing to the light traffic and depression' in
Panama Railroad.—Directors for the ensuing year have been
business during the past year, this company was obliged to pass
elected as follows: John R. Marshall, John M. Burke, Charles J.
the interest due on its second mortgage bonds March 1.
The
Board addressed a circular to the bondholders, in which they Francklyn, John P. Jones, William B. Dupcan, T. W. Park, J. C.
McCullough. H. B. Baxter, II. C. Emmet. C. K. Garrisor, Frank
express the hope that if no adverse action Js taken the company
Cook, George J. Forrest and H. C. Thompson.
will be able shortly to resume payment of interest on, the bonds
in question.
The amount of these bonds is about $1,443,848.
Philadelphia & Reading.—The Pennsylvania Legislature, at
The floating debt is not immediately embarrassing.
its late session, passed a joJDt resolution, under which a com
Monticelio & Port Jervis.—The first-mortgage bondholders mittee, consisting of five members of each house, is now investimet in New York, March 30, and appointed Henry Day, Adam
gating the affairs of the Philadelphia & Reading Railroad and the
Norrie and S. A. De Peyster a committee with authority to bid in Philadelphia & Reading Coal & Iron Company. The points of
the road at tlie foreclosure sale and organize a new company
inquiry are as to the right of tlie P. & II. Company to mine coal,
Those present signed the agreement and authority was given the and as to tlieir conspiring to improperly control the mining, and
committee to obtain the signatures of others.
transportation, and price of coal.
New Jersey Midland.—A plan for re-organization of the com
Piltsbnrgh Cincinnati & St. Louis.—A special meeting of
pany has been proposed—substantially that the first moitgage stockholders will be held in Steubenville, Ohio, on tlie 4th of May
bondholders should surrender their coupons up to April 1, 1880,
next, to authorize or reject the issuing of $10,000,000 income
taking preferred stock in payment; the second mortgage bond¬ bonds, secured by mortgage, to be used in paying off the $5,000,holders iu like manner to exchange their coupons for preferred 000
second-mortgage bonds and accrued interest thereon, and
stock until 1880 ; the third mortgage bondholders and floating other liabilities of the
c&mpany, and for the transaction of any
debt creditors to take stock or new bonds for tlieir claims at the
business that may be brought before them.

is

of 50 cents on the dollar. Under this arrangement it is cal¬
culated that the debt in 1880 will be about $7,500,000, or about

rate

"

per mile.
It is not at all likely that the road would be
able to pay more than 2 or 3 per cent on this amount, so that this
plan would be merely a postponement of trouble. The first
mortgage bondholders have notified the receiver that they intend
to begin proceedings in foreclosure.

$100,000

New York Boston & Montreal

Railway.—In London,

state¬
ment was submitted by the directors,a short time since, in which
they say that on tlie consolidation the bonds of the old Companies
were to be exchanged for first
mortgage consolidated bonds; but
the failure to negotiate the whole of the first mortgage consoli¬
dated bonds rendered it impossible to retire the whole of these
old bonds, and a considerable portion of them still remains afloat,
and are a lien upon tlie property underlying that, of the bonds
cof the consolidated company.
It also left the company
without

means to

a

continue work upon

the road or to provide for
the interest upon the consolidated bonds.
The present condition
of the work on the road is as follows:
On the New York & Boston Division the graduation is
completed,
with the exception of less than two miles. The masonry is fully

Portland & Ogdensburg.—The consolidated companies will
line from Portland, Me,, to Swanton, Vt. near the foot of

own a

Lake Champlain, with a branch from Shelton, Vt., to the Canada
line.
It lias the lease of the Montreal, Chambly and Sorel road,
which will give it a line to Montreal. Of the main line there is

unfinished a section from Bemis. N. H., to the
river, aud another from Johnsville. Vt., to Swanton,

yet

Connecticut

both partly
The consolidated companies will issue $8,000,000 of first
mortgage bonds, of which $5,000,000 will be issued to take up all
outstanding issues, and the remainder to complete the road.

graded.

Carolina State Finances.—An injunction has been
Charleston, against the

South

obtained in the United States Court at

imposition of a tax undef the so called “Bonanza bill,” which was
lately, vetoed by Gov. Chamberlain, but which speaker Elliot
decided to be

a

law because the

veto came too

late.

Union Pacific.—The Court of Claims in Washington has set
April for hearing the case of the Union Pacific

aside the 19th of

Railroad

Company against tlie United States. The Secretary of the

Treasury by the act of March 3, 1873, was directed to

withhold all
of

payments to any railroad company and its assigns on account

completed, and the iron lias been laid for twenty-two miles. The freight or transportation^ &c. But railroad companies were
underlying bonds on this division, exclusive of those in the hands allowed to bring suit to recover for freight and transportation.
of the trustees of tlie consolidated mortgage and Messrs. BisVermont Central.—W. C. Smith, Estes Howe, J. H. Converse,
clioffsheim and Goldschmidt, are $1,797,500.
The Dutchess & Columbia Division is completed and in opera¬ trustees of the second mortgage bonds of the Vt. Cen. R., have
tion. The underlying bonds of this division, exclusive of those noticed tlie road for side subject to the Vt. & Can’s liens, and to
held by the trustees and Messrs. Bisclioffslieim & Goldschmidt, the first mortgage and to any “ other liens and claims existing
are $1,727,000.
thereon, growing out of the administration of said property uuder
Tlie Ilarlem Extension Division is completed and in operation. direction of the court of chancery of the State of Vt.,” 22d of
The mortgage on this division was $5,000,000, which has been June next ; terms cash.
reduced by the cash payment of $807,077, and by second mortWestern Union Telegraph.—The following figures, said to
gage bonds of tlie consolidated company, $983,000—$1,793,077be official, are from the London papers: “Surplus of income
leaving balance, $3,206,922.
account July 1, 1874, $758,551.49; net earnings for nine months
The Putnam & Dutchess Division, intended to connect tlie New
from July 1, 1874, to March 30, 1875 (estimating March), $2,382,York & Boston with the Dutchess & Columbia divisions, has six
609.49; total. $3,141,100.98. Deduct three quarterly 2 per cent,
miles of completed road and from
thirty to forty per cent of the dividends, including that of April 15, 1875, $2,020,729.50; nine
graduation done for the remaining distance. The theory-upon months’ intereet on Bonds, $321,305.02 ; surplus of income account
which the accounts of the company have been kept., in
respect to
Hon. William Orton, President of
the bonds of the several divisions paid for out of the proceeds of April 1,1875, $793,125.86 ”
the W. U. T. Company, sailed for Europe lately, his visit having
the consolidated bonds, has been to treat such sums as
payments reference to business of the International Ocean Telegraph Com¬
on
account of the mortgage
debts of the various divisions, pany and its relations with connecting cables in the Gulf, and to
reducing thereby tlie amount of those mortgages by a sum of contract for a new cable to be laid between
Key West and Santa
which the amounts paid are 45 per cent. The trustees of tlie
Rosa. Florida, which, when laid, will duplicate the entire telegraph
consolidated mortgage claim, however, that, iu the event of fore¬
system of tlie International company.
closure, these bonds will be entitled to tlieir share of the proceeds
of sale, that they are not to he considered as redeemed or
Wilmington & Reading.—Tlie coupons due April 1 on the
1 on
paid,
first mortgage bonds were not paid.
but as held by them for the benefit cf the consolidated bondhoM
The amount of the bonds
ers.
The following statement is given of the expenditure in cash outstanding is $1,250,000.
There are also $1,560,000 second
made upon the several roads prior to their consolidation :
mortgage bonds, the interest on which lias been in default since
New York & Boston Railroad
$3,050,000 January, 1874. The road is 72 miles long, from Wilmington
Dutchess & Columbia, about
:i]ooo!o00 Del., to Reading, Pa. At the March term of tlie Court of Com¬
.

.......

Harlem Extension, about

.

...

..

Total
To this add the amount expended from the
proceeds of consoli¬
dated bouds for account of construction

4*000^000

$10,059,^00

mon

Pleas, the holders of

secured
tion

a

was

judgment

on

some

of the second

$15,000 of unpaid

mortgage
coupons and an

issued for the sale of the franchise,

bonds

execu¬
and the sheriff of

County, Pa., has advertised to sell the road on Thursday,
April 22, “ by virtue of a writ of alias Jieri facias.” The portion
Cash cost of roads exclusive of
equipment, ifce
$11 664,000
of the road to be sold extends from its junction with the Reading
New York & Boston.—Foreclosure proceedings have been
& Lehigh (late Berks County Railroad) to its terminus, in the
commenced against this road.
County of Chester, at the Pennsylvania State line, between the
New York Central & Hudson River.—In the U. S.
Supreme i said State and the State of Delaware, it being a distance of 59
Court at Washington, in the suit of
Bailey, Collector, against this * miles, more or less.




1,605,000

Berks

April 10, 1875.)

THE

chronicle

Exports of Leading Articles front New lor It.
The folio wing table,compiled from Custom House returns,show s
the exports of leading articles from the port of New York since

(it 1)c Commercial Cimes.

January 1,1875,

CO M MERClAL EPITOME.
Friday

The volume of trade has assumed fair

past week.
try,

Night, April 9, 1875.

proportions during the

There has been better weather throughout the

though Jhe temperature has remained low, and in

unseasonably cold.

coun¬

to all the principal foreign countries,and also the
totals for the last week, and since January 1. The last two line,
show total values,including the value of all otherarticles besides
those mentioned in the table.
'-'O'NrjCi-iJia'MfNCO'NQOOOWOt'

|NNfl(-r?offl^ao«!X)io-<Ttio*uv^'i-gioo5r!:5»o-joo3JQO

g ih GO o2 S£• rj ~

*

The advance in gold and exchange, and

a

O

but the speculative values at which staples are held have pre
vented a free movement. A notable feature of speculation the
ments in cotton,

a

disposition to abandon the bull

hog products,

corn, oats,

move¬

&c., and to buy wheat

£?

of ©

©'
s*

©

V ef 3? o

© © ©

©
'12

—

-

o' tf

©

—

O O 35 50 -H
■* XI

©

2?

•

’

r-T

0*-9 '
© o o —i

•

—

a,

.2

aa

O

M
«
®

*3

"c*cot-.Tr©occ- —iiooscnoso

•
Q0
00

if n

t-CO CO C-TT C*

i-Tio

c?

'if in

oo ©
TT W

-

T-1
| — T-«

©JSJ

.-*<c£>T-cTt'-rt<{-r'-tocoao50''*™
• 05 © i« -r TO — fl'W'Nr 50 ® ©
•«©«* ©05 05^© 05 t* 0^1

3MHJ3-®J5
O
05 ©

O0Ui(5

5
© SO 05^ • © 35 ©
05"0 40" *
,-i
■it-

if

if

.—tOO

CO

©
OO

if c

®Ot
cr. -rr
o f-

t—I

tt'8'’

early in the week, a further advance on all descrip¬
tions of hog products—mess pork selling at $22.90 for May and
$23.15@$23.25 for June; prime Western lard 15fc.,spot and early
delivery, 15fc. for June and 16c. for July ; bacon at 12£c. for long
clear, and cut meats showing a proportional advance. The rise
was due in part to a speculative “ corner” at Chicago ; aud the
demand soon suboided, but prices were pretty well sustained
until to-day, when there was a decided break, with sales of new
mess at $22.50 for cash and May delivery, $22.75 for June, and
$22.83 for July, and lard sold at 15^c. for May, and 15£c. for June ;
with bacon more freely offered, and half and half sold at 12£c.
Beef has been rather more active at firm prices. ' Butter has been
firm for choice grades. Cheese in demand at 13;2)164c.
Tallow
in fair demand at 8f@8fc.
Stearine sold at 15£c. for prime West¬
ern, but closes dull.
Kentucky tobacoo has been in better demand and firm at 10
@12£c. for lugs, and 14@25c. for leaf; the sales for the week
embraced 600 lilids., of which 450 were for export, and 150 were
for consumption.
Seed leaf also has been more active, and prices
steady ; the sales embrace: Crop of 1873, 59 cases Pennsylvania
wrappers at 25c., 520 cases do. fillers, 60 cases do. assorted, 340
There was,

New York

55

ai” Of- .OOO
a °2 ©wow

.

here and at tiie west.

cases

a? ©

oo h c*

CO 3 <

a
®

days has been

of ■£—'

TT T* X3 •*
ir c* ©

some parts

decline in ocean freights, have been favorable to increased exports,

past few

359

do., and 133

cases

fcl

TTH

o

.

.©

.

.

.

moo

O
—■

.

.

a

»

-r

.

© O*

05 10* CO

■

F—1

i.-

otaoio

■

oo c-

•

<o9>
no ip

•

i©t-©05ao©©c*05
or-ooooo©©i-icoo«'-*
t- Ct Ot r-i
<M t-1
T1 t-1 35

© 00

.

too*

t-i

rf\
u

O OOO
os

o

■

osc*
ao

■

CO
N
CO

•

©©

O 05 O OO o

.

• Of o
•©

•©05©05©©inC005t'-05f>-

oo

—

■

00

CO fr*
t-©

•

05©

•©£-©©C-5©£;OS05©0>©
S^TI ©
O
© i* (J* ■>8'
d
J
«
r»02

as —«

■

O 1— >-<

’

00

-rtl

© t0 ©

r*
O*

•

■
■

.

©

• T-1

•

■

C*

,1-1

.

co

CQ

©1 ©

•

-

• O ©

©

05 00

•

05 TT1
o» o

^ .2
U

cl

©
i-*

if

'

t-frf

©

,

CO

05

if

1-1

SS5

BQO
•

.««»

©

•

gO ^

•

: :g

© t— qo i.o "° ©
CO © © O © CCiJ 00
, © '5't

■(}

•

•

•

: :
‘ ’

~

*©

co o © o

.--i-foaooiQOf-QOxssooo* «•OW(»i0«©Oi0N-!I,f«'<0
"CO
OO i-^CO_(M rr
CO-t rl rl T* ©

CO © t-

•**

‘CO

*

"©

i-i

O © X) ©

© oo

<?<i4o6of

co

c*

CO i* n

.
.

>

© CO
© t—

•

t—

t- o*

.

t-

O©t-©T-l©00©O©t-<

o*

CO

■

■

■

a

“

©
•

© o»

00

•

© 35 m

t—

•

I—

•

Ot © CO

CO©0^r-ii—1000*0

•

c»©o»t—CO

■

©o

CO

r-rtct

55 S ©'co *-T

TT

o o

05

•

.

TT CO CO

■

.—i

D*

•

CO

■

©

■

■

© —1

. i-

©

an

co

•

g -r1 ■

;

*

S

r-o©
•00 05 CO
>

s

er ©
CO CO

■ T—l

r-i

•

©

© CO

.

TTX)TrTJ<CC©0O

©©
CO ©

ao©

CO

■

03 (C»
co —i

-*©o
-1

© © © © ©

of

.

■

’1

private terms ; and crop of 1872 and 1873, 97 cases Connecticut
fillers at 8c.; also 200 cases sundry kinds at 7^@35c. Spanish
tobacco has remained firm, with a brisk business; the sales were

Exports since Jan. 1—

■

SOOT*
<35

Connecticut wrappers, on

1,200 bales Havana at 87£c.@$l 25.
Rosin has latterly been quite active, though at a decline to
$2 05@$2 07£ for ordinary, and $2 10@$2 12£ for good strained.
Spirits turpentine at the close was moderately active and firm at
36$c. Refined petroleum has been excessively du>l, and prices
have been weak and declining, closing at 13£(a)13£c. for prompt
delivery ; crude, in bulk, dull and weak at 6£c.

00

o

®9

Si
00©

.s :

© ao

1874.

1875.

From New York
Other Ports

galls.25,419,881

29,611,228

10,222,464

15.776,903

Totals
Same time 1873
Same time 18:2/..

galls. 35,642,345

45,389,131

••£«.
• CO

•

.

Boxes.
34,794

57,969
19,032

11.374

Bags.
130,597
8,232

Melarlo.

1,603
2,611

gS.1

46.16S

138 829

7,708

18,155
,120,674

•

©co
<c t© co

-' * oi if
o* —«

TT

T->

©o

O 64

©

•

O' f-

:

© ©
C* —I

© ©

■

T-1

.00

.

:S • :s

.

.© O
•

©

-1-1

.

>}S : :f3 :

©

2

1-H

e*

—ccoiot-—

•

©

00

©

r-<

*2

r-T

.

; s,: © © cn ©
© ~ oo ©
—^ OO

o“

i~~t

V*

TT.

T—IS.

© ©
O ©

©
© is: CO © OD
si tj: •**

.

•

30co

•
#
•

.

©

•

If

[—

•

T-1

©

•<?*
■ -3*

•

o

■

•

G>»

o* ©

-i

•

:3;

*

.

© ©

.

:

,

.

•

•

.

Tf

©

C5

T-T

t->

T*CS

“

t-

T-1

t*
■© ©

.00*©
■

© © 11

.

o» o*

©
© ©

•©
• ©
•

2

TT.

.

■

f”

©
•©

•

~n

.o*

S? p TS

fif©
© t—
t— H

©

■

.

:8 :

O 05 CO ©
© © o* T-1

;

©

•

'

CO
CO©

1-t

O* ©

(T> Ot

gf

«o

£

• ©

©

^;

w

.

22

TT

l-l

© f• o

*T"

•

co
If ft*

00

rm

on tco —i

1-1

of
©o©

•

©
CN

co « w

Q 95

-©co©js©
»©oacoo©
fn
fif ” 22

O* © ’.O
ao ©oo

00

©
«o

•

co

•

o^co
£! 2

‘

co oo

coas^cT-co©©©©^!

* 2 *— © <f» ©©T-iTjiT-i^.c
• o oo oo © ^oo © ©
e*1
O irfi O
2 o' t* o' 2 co of n*
oi’
ao

!2l

V' Oi

..

00

n*_

oo

371
3.87.3

182,622

•

eO ©

o

gl”

4,244
586

38,460
54,055

I-iO-ii

© ©

Tf

.-I

aQaDaQ<JD®(oooao®®cfl<BaDao?8

77,0)2
9,877
67,125
51,893

■cctf-

-<©

:s

marked decline, which stimulated a better business.
There has
been considerable activity in vessels suitable to the petroleum

Hhds.

co

© TJ*
© CO

25,946,317

trade, the current low rates and cost of the product exercising a
very favorable influence with exporters.
Late engagements of
graia to Liverpool by steamer at 5$5|d.,and provisions at 27s. 6d.
To-day, grain at the same rate, and cotton at 7-32d.; grain to
London, by steam, 8@8£d.; flour, by sail, Is.Gd.; grain to Penartli
Roads for orders, 5s.; naphtha to Stockholm. 5s. 3d.; refined pe¬
troleum to Bremen or Antwerp. 4s., and to Rotterdam, 4s. lid.;
and tobacco to Leghorn or Genoa, 36s. 3d.
Coffee has been steady and more active, with the stock of Rio
reduced to 45,000 bags, and all others to 20,000 bags. Rio quoted
at
16|@18fc., gold, for fair to prime cargoes. Rice has remained
quiet, and teas dull. Molasses has arrived more freely to refiners,
and two cargoes of Cuba Muscovado have sold at 43c. for prime
refining. Sugars have been in demand, but stocks have been
increasing, and the close is a little weak, especially for low
grades.

Jg«*
C# Of
--

galls.32,867,963

Layer raisins have sold in a moderate jobbing way at $2,605)
$2.G5 ; currants at 6@18c.; Turkish prunes at 7£@8£c. Ingot
copper has been advanced to 21f@22c,, cash, for Lake, with late
sales of 300,000 lbs. at those figures.
Block tin sold to the extent
of 300 slabs straits at 20fc.
Tin plates moderately active. Iron
dull and nominally unchanged.
Ocean freights, especially berth room, have experienced a

8ale8, since
Stock, April 8,1875
Stoca, April 9,1874

•

•

5 d
‘

0 & 33 C3i4 O
‘

‘

*

c3 c3 oj

a.,2
’

‘

d

•r-l

...

x

s id a t> c

c3^

13

.n«„i1

•^

Hides have been fairly active and steady; dry Montevideo sold
23^c., gold; dry Texas at 20£c., and city slaughter ox, 9|c.,
currency. Linseed oil lower at 72@73c, in casks and barrels. Crude

at

fish oils quiet and unchanged.

Fish in moderate demand, and
Whiskey closed dull at

lower for cod, but otherwise steadv.

$U3*.



n

si

[April 10,1875.

THE CHRONICLE

360

"■

——

pc-

Exported

The following table, compiled from Custom House returns,
shows the foreign imports of leading articles at this port since
Jan. 1, 1875, and for the same period of 1874 :

[The quantity is given in packages when not otherwise specified.]

Week ending

April 9.

Jan.l,’ 75.

Same
time 1874

New Orleans
Mobile
Charleston...
Savannah
Galveston
New Y ork.
Other ports".
Total
Since Sept.

China, Glass and

Cutlery

Earthenware.
Oliiss

2,252

2,472
10,338
132,100
8,089
2,950

.

......

Glassware
Glass plate

4,070

Coal, tons
Cocoa, baga..
Coffee, bags
Cotton, bales
Drugs, <!fco—
Bark, Peruvian..
Blea. powders...

4,800
407,O.):>

343

500

68,241
30,927
142,253
27,640
313,297
1,905,731
31,591
'

130.428
665,711
357,489
16,389

bids

10,307 Tea
7.169' 1 Tobacco
1,5431 Waste
377 Wines, &c—

7,555
'J.ITt

1,904

Cochineal

129

2,485
1,207

Indigo

8,S53j

1,020

Gum, Arabic

347

14,127

...

1

28 4

j

65,188

..

ltaisins

Hides, undressed..

284

17,065
23

Jewelry, &c.—

4

77!.

890
242

255,835
21,224

.

Molasses

Same

pkgs.

40,656
16,373

-

-

1874.

7,213

2.917

164,r.o
29,399
22,513

3,226

9,615

39.i 22

26,297
4,047'

50 J

*

721

8,0 5

6,692

7,831
3,971

3,073
336,281

49,023
12,153,631

89,331
2.237,392

552,569

....

10,161
272,359

31,539

187.191

822

•209/85

57,329

10J
103

....

317

719

The exports this week under the
103 bales to li Uterdam ; from

more

53,000

•

32,651
50,781
56,407
133,183
40,000

551,246

....

head of ‘’other ports” Include from Balti¬
Boston 069 bales to Liverpool; from Phila-

delp :ia 50 bales to Liverpool.

telegram from New Orleans to-night shows that
the.amount of cotton on shipboard, and
engaged for shipment at that port, is as follows: For Liverpool,
38,009 bales; for Havre, 20,000 bales ; for Continent, 6,000 bales ;
for coastwise ports, 5,090 bales ; total,,59,000 bales ; which, if de¬
ducted from the stock, would leave 105,000 bales representing the
quantity at the landing and in presses unsold or awaiting orders.]
From the foregoing statement.it will be seen that,compared
with the corresponding week of last season, there is a decrease
in the exports this week of 40,358 hales, while the stocks to¬
night are 1,677 bales less than they were at this time a year
ago.
The following is cur usual table showiug the movement
of cotton at all the ports from Sept. 1 to April 2, the latest mail
Our

besides the above exports

15,011
231.349

48,246
96.078

712,723
404,723
601,381

1374.
New Orleans...
Mobile
Charleston*
Savannah
Galveston*
New York
Florida
No. Carolina,..
Norfolk*
Other ports....
...

303.26 4

1102,229
276,593

418,438

3)4.025

563,221

335,100
115,203

612,516
354,851
145,859

12.232

41,752

368,741

436,908
41,155

Total last year

5,213

76,094

105,501
28,100

45.139 !

Produce.

1, 1875, and for

!j

Jan.l,’75.

Since

Same
time 1874

05.602

48,861

2,258
20,967

.

Great i
Britain. France.

63,270

178,031
8,150
35,571
33,429

415,770

66,261
170,514
236,712

2.196

171,736
233,423

12.113

93,142

37,033

29.152

8BPT.1 TO—

EXPORTED 81 NOE

Coast¬
wise
Ports.

1.

1873.

j

9.‘4,770

11,396

49,639

J

RECEIPTS
8INOK SEPT.

PORTS.

75,257

-

-r

4,573

Other

Total.

135,696
3.5,0 .'6

759,505
109,4 17
240,361

140,467

150,503

1-0,62«
40,345
3 ',0.'2

380.818

163,791

41,219

185,249

102,8J7

56,930
203,203

34.27.)

110,677
10,‘)67
31,131

*

«

«

«

#

12,232
76,031
298,886

#

.

1,050
3,533
17,441

....

162,569

272,117
.

11,210
58,104
62,177

Stock.

For’gn

15,260
61,987
79,621

-

*

•

*

2,033
9,161
45,1)00

....

1459,257

j

....'§121.361

262,198

333,203

2104,658

1107,288

608,637

1412,583

291,471

453,957

2133,011

1198,231

604,225

*

Under the head of CharleM^n Is Included Port Royal, &c.; under the head of
GalvestouU included ludiauola,&c.; uuder the head of Norfolk is included City
Point. &c.

week, with con¬
volume of busi¬
ness, favored by stronger accounts from Liverpool, and a steady
advance of
gold and exchange, with speculative confidence
strengthened by the continued reduction in receipts at the ports.
But on Tuesday there was a check to the demand, and the market
weakened under an increased pressure of stock on sale.
There
The market for cotton on the spot opened the
siderable buoyancy of feeling, and an increased

12,650

pkgs.

2,140 Oilcake

2,021

6,245

Logwood
Mahogany..

1

1875.

2,375

....

Total this year. 3195,731

Jau.1,’75. time 1374 j
Ashes

721

77,791

-.

The receipts of domestic produce since January
the same time in 1874, have been as follows :
Since

•

Cork
Fustic
!

1874.

$540,499

I Aroods—

lleceipt* of Domestic

1

2,726

10 M96

.-.

Ginger
j Pepper

week.

....

66,294

Cassia..

WfcCC

2.5U1

93.033 I
10,930
1 43,779 J

1

207

226.230
19,918

..

Li

28,3!1

22,415
4,851

3,142.926 3,810,619
50,478
200,139

Spices, &c.—

1,985

2,043
12,687
1,470

Jewelry

876

81,182

Oranges
Nuts

i

909

399

Ivory

444,230
24,992

686.711
3.9.3 .1
490,595

Lemons...

1,712

Rice

Hides, dressed..

149,933
460.436

Same

dates:
$ 401,241
17,'.75
241,213
95,129

..

Fish.

2.364

43,140

India rubber

25,399

*

Stock.

Total

ContinM

7,310

4.711

1 1,495,011

10,906 jFruits, &c.——

700
964

Bristles

1,619.049

by

Corks

8,295

15,847
2,952
2,327

Hemp, bales
Hides, &c —

Wines
Wool, bales

11,470 Fancy goods..

12.173

.

23,726
29,184

Champagne, bks.

j

3.195 Cigars

212

Soda ash
Flax
Furs
Gunnv cloth
Hair

840

45 721

276,001
22,798
283,438

'

6,000

Soda, sal

....

397 Articles reported
28b.
value -

321
8.805

Oils, essential..
Oil, Olive
Opium
Soda, bi carb—

j

1.291

1.006!

3iO

Madder

Watches

777

'Sugar, bxs & bags.

Cream Tartar...
Gambier

.

1,289

1,165

Iron. lilt. bars...
7,73'
Lead, pigs
87,18s.
5,100
Spelter, ibs
Steel
2,009
3,666
Tin, boxes
Tin slabs, lbs...
5,917
4,880 Rags
414,994 Sugar, hlids, tea. &

2 520

Buttons

1,387

Ilardwaie

Earthenware—
Dili 11:1

16,612
4,047

35,731

....

Metals, &c.—

France

G.Brit.

....

Since

Same
Jan.1,’75. time 1871
Since

to—

tlna

Imports or Laadla" Articles.

ail
uncomfortable accumulation at this point, and at current
prices receivers have latterly seemed rather more inclined to
790,521 1,014,106! Peanuts.
bbls.
.bags.
bush. 2,143,045 7,521,920' Provisions—
realize, while Liverpool lias been reported less active, and specu¬
183.363
237,503
5.455.352 3,042,938;
Corn
Butter
.plcgs.
lative confidence, in a measure, weakened.
To-day, the market
86,3.30
Oats
110,875
Cheese....
1,630,927 2,142,999
was
163,185
quiet and prices weak, but quotations without decline.
140,499
11,100
214,215lj Cutmeats.
Rye
13 4,314
For future delivery on Saturday there was a continuance of the
61,263
661.722
422,333
Eggs
Barley and malt.
76.876
59,225 excitement and
43,990
29,933
Pork
Grass seed.bags.
buoyancy of the previous day, but early on Mon¬
12,331
11,653
28,114! Beer
22,534
Beans
bbls.
1 44,296
125,346 day, notwithstanding an active and buoyant report from Liver¬
149.674
...hu-li.
Peas
99,849!! Lard
4,198
13,152 pool, operators became free sellers to realize profits on the
54,919
.kegs.
C. meal
bbls.
68,407;; Lard
5,038
7,856 advance, and
243,369
358,281.. Rice
pkgs.
Cotton
bales.
prices reacted sharply, the weakness continuing
451
923! Starch
74,378
95,430
Hemp
.bales.
On Wednesday there was an appearance
7,188
632.268
7,714 throughout Tuesday.
730,000; Stearine
Hides
No.
of steadiness, and some improvement in the summer months, but
21,249
bbls
5,763
6,560, Sugar
Hops
bales.
28 4
7.236
937.081
.hlids.
918,719 Sugar
this was followed on Thursday by free sales at a decline of 1-16@
Leather.
sides.
3.931
12,289
22,303. Tallow
13,038
Molasses., .bbls.
.pkgs.
3 32c. The advent of fair planting weather at the South, and the
I Tobacco
47,349
58,925
Naval Stores—
5,945
17,103
.hlids.
2.501
pretty general estimate that the acreage will be increased, have
3,661 ; Tobacco
Cr. turp. ..bbls.
65,601
53,646
their effect upon the autumn months, though danger from frost
16,683! (Whiskey
12,259
Spirits turpen...
9.2)4
11.333
bales
82,734 Wool
Rosin
113,717
is urged, in consequence of the backwardness of the season and
5 943
106,793
46,822
21.733; Dressed Hogs. .No.
Tar
the continued low temperature at the South, To day, there was
232
Pitch
72611
a great
pressure to sell, and, except for April, the early months
declined £c, while the later months were -£@3 16c off.
There
COTTON.
were very large sales for May and June.
After ’Change there
Friday, P. M., April 9, 1875.
was an excited market, with sales 16 21-32(3)16£@16 ll-16c for
By special telegrams received to-night from the Southern Ports
May, 17(2)17 l-32c for June, and 17 5-16@17|c for July.
we are in possession of the returns showing the receipts, exports,
The total sales for forward delivery for the week are 154,400
&c., of cotton for the week ending this evening, April 9. It
bales, including
free on board. For immediate delivery the
appears that the total receipts for the seven days have reached
bales, against 38 531 bales last week, 47,433 bales the total sales foot up this week 6,689 bales, including 1,746 for ex¬
41,156
previous week, and 51,303 bales three weeks since, making the port, 1,937 for consumption, 3,006 for speculation and — in
Of the above, 700 bales were to arrive.
The follow¬
total receipts since the first of September, 18; 1, 3,236,887 bales, transit.
ing are the closing quotations :
against 3.471,945 bales for the same period of 1873-74, showing a
decrease since September 1, 1874, of 235,058 b iles.
New
The details of
Texas.
New Classification.
Alabama.
Uplands.
Orleans.
the receipts for this week (as per telegraph) and for corresponding
weeks of five previous years are as follows:
14 ®...
14 ®....
14%®...
Ordinary
14%®....
per lb.

BreadstutVs
Flour
Wheat

j Oil, lard

—

...

318

is

...

.

.

.

.

..

.

*

_

Good Ordinary

Received this week at—

1874.

1375.

1373.

1871.

1872.

1870.

.

New Orleans ....bales.
Mobile
Charleston
Port Royal, &c
Savannah
Galveston

7,217
1,09 r
8,706

41.921
3,177

5,292

217

16

5,'SI

5,721

4,50)

^

8 26'1

3 035

4 101

2 873

5,143

5,071

9,224

4,341

4.629

6,689
7,701

4,:'11

1,3.51

30
56)

2)2
609

202
603

273
201

6.674

5,747

2,666

411

3C4

415

6 918

2 456

69,832

42,4'.H)

North Carolina
Norfolk

1,522
8,33’.
269

41,155

50,534
3,171.945

j

43,915

3.107,321

36,032
2.151.228

|

3,881,081

2,443,936

exports for the week euding this evening reach a total
49,023 bales, of which 35,784 were to Great Britain, 10,161 to
France, and 3,078 to the rest of the Continent, while the stocks
as made up this evening, are now 552,569 bales.
Below are the
exports and stocks for the week and also for the corresponding
week of last season.
The

of




; 5%®....
16 %®....

Middling'

diddling
Good Middling
Middling Fair

16%®...
17%®....
17%®...
1824(g)....

Fair

15%®....
16%®....
16\®....
172-4®....
17 a®,...

18

1'%®....

15*®...

15\@....
16%®....

18%®....

17

.

17%®....

16%®....
17

®....

®...

17%®...,

•

18

@....

®...

18%®....

Below we give the sales ot spot and transit cotton and price of
Uplands at this market each day of the past we»k :

4,507

6,593

9.074
167

TotalslnceSept.l... 3.236,837

19,726
S.592

1,632

525

8,843
41

29.293
5,101

13.373
2,4 il

5,0:8

269

Total this week

4,186

4,250

Indlanola, &e
Tennessee,
Florida ...”
City Point, &c

2 1,090

Low

SAL, KB.

New
Classification.

Saturday
Monday

Con-

Rxp’t.

sump.

sdaj

Thursday
Friday
Total

Good

Total.
1.333

2,205
1,005

266

78
158
145

1.9)1

3,0B

507
572
437

1,716

Transit.

850

233
4 SO
40 J
2)3

,

Tuesday
Wedm

uia’n
1,7.5

200
.

Spec-

275

400
868
....

..

878

14
14
14
14
14
14

6,639

For forward delivery the sales (including
have reached during the week 154,400 bales
on

the basis of low

LOW

Mid

Ord’ry Ord’ry. Mldl’g. dlln?
15%
15%
15%
15%
15%
15%
•

•

•

•

16%
16%
16*
16%
16%
16%
•

•

• •

•

•••

free on board)
(all low middling or

middling), and the following is a statement

the sales and prices;

16%
16%
16%
16%
16%
16%

of

,

THE CHRONICLE ^

0 4.51

/or

bales.

April,

...

8('0s.n 12tlil6 7-16
300 s. n... ....16%
100
16%

100..

.

16*

'

...

3,100....
17%
7,300....
17 5-16
5,.00....
4,;00.... ....17 11-32

MW
16 4,8-82
300 no not.
next week ..16*

.

lO.tOO....
1 700....

.

?.

17 7-16
.17 15-32

.

17 13-1-1

1,500..

1.200

46,800 total June.

.16 21-31
16 11-16
16 23-31

16\

700

For July.
....17 11-32
600
2u0....
’7%
....17 13-32
l.su
200
....17 7-'. 0
1,600.... ....17 15-32
...

16 8 >-32

3.4!M

16 13 16

5,600

'-6 27-32
16%
16 29-38
16 15-16
16 31-32

8,100
5.400

18,100

..

'•'%
1,400....
1,80!).... ...17 17-5:
■

17 27-32
2.100 total Nov.

8,900 total Aug.
For December.
200.
16 7-16
209.
16%
16 17-32
1.(00.

1.500

17 1-3 J

4,ll»

17 1-16

For September.
200..
10"..
17%
17 5- * 6
30)..
50 >..
17 1-32
:oo.
10)
17 13 32
17 7-16
1 2X>..
17 15-32
1,300..
..

300.

2.300 total Dec.
For
4 0.

..

4/2.H) total Rent.

....17 21-32

16 l'-16

900.

For October.

500..

16%

1.S0U total Jan.

exchanges have been nude during the week:

pit. to exch. 100 s.n. 5tn for Anril icg.

The followiug will allow the closing prices each day on the
basis of low middling uplands for the several deliveries named:
OLD CLASSIFI3 ation-.

Frl.

April
May .
June

Sat.

Mon.

16%
16%

16%

16%

17

17%
17%
17*

.

July

18
17
17
17
17

11-16
3-32
7- 6
2 :-3>
2;-02

16 23-33
17 1-16
17 7-16
17 23-33
17 27 3*

N KW

18%
17%

16%

Gold
...
Kxehanire...

Sales spot.,..
Sales future.

16%
16 21-32
16 29 32
17 U-32

Tburs.

16%

19-32

17%

16
16
17
17

17*

17*

15-16
5- 6
19-32

ir, j-16

Frl.
16%
16%
16 11-16

16%
17%
17 17-32
17 23-32

17 3 32
17%
17 17-32

CLASSIFICATION.

16%

7-16
27-32
17-32
19-32

16%

17 15-32
16 12-16
16 9-18

17%
16*

16%
17%
16*

16 9-16
16 9-16

16 17-32
16 9-16

u i7-3?
16 17-32

October

Wort.
16%

Taos.

17
16
16
16

18%
114%

16 V
114 'S,

i**

4^2
732
21.303

4.83
! ,333
26.200

4.S 5

111%
2, 05
16,',00

•

•

114*
4.83%

16%

....

Ill*
.4.63%

400

868

12,500

22,710

17 5-16
16 11-16
’.6 17-32
18 17-32
16 11-16
115
4 64
1.005
28.300

Weather Reports by Telegraph.—The past
been much more favorable for planting purposes, and
is now almcst everywhere going forward briskly with

week has
farm work
good pros¬

season is backward.
Galveston.—We have had no rain this week except a shower on

pects, though

Shreveport..

thus far the

day with a rainfall of seven hundredths of an inch. The frost
of last week killed some little cotton which was above ground,
but the aggregate damage was inconsiderable.
Planting is not
yet finished but progressing briskly. The prospect now is good,
one

but the fault of the season thus far has been lack of moisture and
low temperature.
The thermometer has averaged 66, the

highest being 73 and the lowest 55.

Indianola.—It lias rained on one day (shower) the rainfall being
It is too cold and too dry here, but
ten hundredths of an inch.

planting is making good progress. The ther¬
averaged G7, the highest being 80 and the lowest 45.
Corsicana, Texas.—There has been one shower this week, the
rainfall reaching forty-three hundredths of an iucli. Last week’s
nevertheless
mometer has

there

was no

cotton up.

Planting is going forward satisfactorily, tha season here having

‘been mainly favorable.
lowest

The thermometer has averaged 65, the
being 86 and the highest 80.

day of the past week, the rain¬
fall reaching 20 hundredths of an inch. The thermometer has
averaged 66.
New Orleans.—Ra>n fell

on one

Shreveport.—With the exception of one rainy day and one
showery, the past week has been pleasant. This morning is
foggy. The rainfall has reached fifty hundredths of au inch, and
the thermometer has averaged 80—the highest being 86 and the
lowest 39.
Little Rock, Arkansas.—The weather
all the week, until Wednesday, when it

1371,

Nashville.—There

hundredth.

The

being 81 and the

slight rain here on one day of the
hundredths of an inch.
averaged 48—the highest being 72, and the

was

...

...

.

.

...

—

31
40
25
43

Missing.
42

Im h.

Feet.
*

2
0
7

33
20

0

5
0
10
10

of 1371.

16 feet above low-water mark at

point.
give our statement
of the monthly movement of the crop brought forward to April 1.
To reach the figures for the past month of this year we take the
or

Monthly Movement

of

tliat

Crop.—Below

we

total in our table of mail ret urns of to-day (3.195,731 bales),
table brings the figures down to, and including April 2.
this total, therefore, we deduct the receipts for April 1

which
From
(4,412

bales), and for April 2 (5 8o5 bales), which makes the total to
April 1, as we give it, 3,185,484 bales.
MONTHLY MOVEMENT

OF CROP.

Year leginninq September 1.

Monthly Receipts.

.

1874.

October

|

134,7376
530,908

September

|

November

070,295

December

759,036

1873.

1872.

115,255

184,744
444,1X8

329.449

355,099

53

>,153

401,599

521,975

520.274

514,142
025,714

355,32:
570,103
811,006

1871.

1870.

82,073

j

123.31''!

1809.
153,! 04
333,601
307,813

:

500,105

.

Total to Jan. 1

2,100,07 5 1,858,341, 1,0 S3,875 1,893,305 1,648,272
441,052
702,1OS
509,430
492,240
627,281

January

Total to March 1...

j

3,185,181 3,875,908 3,025,104 2,140.228 3,312,24! ■2,391,388

April 1

Year's port
Overland

2,93 ',051 3,043,205 2,715,857 2 232,145 2,884,142 2.147,864
j
208,083
251,433
309,307
332,703
428,1C7
246,524
•

.

March

Southern

420,123

|

February

Total to

11,355,423

2,550,727 2,560,517 2,253,305 I,885,551 2,275,55: i 1.775,540
38 1,321
4S2.088
340,594
462,555
008,58!
372,318

Total to Feb. 1

3,804,290 3,051,340 2,732,280 4,032,154 2,911,121
237,572
141,500
122,065
228,923
153,825
128.520
90.000
.120,000
91,240
137,002

receipts..

|

consumption

Year's total crop

4.170,388 3,930,508 2,974,351 4,352,317 3,154,940

Percentage of total port receipts received Jan. 1
Percentage of total port receipts received Feb. 1
Percentage of total port rec *ipts received March 1
Percentage of total port re
ceipts received Aprii 1
Percentage of total crop re-.

48-84

46 11

67-30

50-99

61 71

40 87

46-50

69.01

56 43

60-99

75-28

73-78

8214

8225

■

79-99

74-38

81-09

I
j

..

""1

8S<4

82-85

89-3i

44"56

42-83

46-84

37'87

42-96

6139

ccivedJan. 1

Percentage of total crop

57 32

63 42

52-28

5627

75-37

69-09

75-04

66-20

68.G7

re-

ceived Feb. 1

Percentage of total crop received March 1

has been warm and hazy
clouded, and on Thursday
To-day, it is bright and pleasant again.

rained very severely.
The rainfall has reached one inch and one
thermometer lias averaged 66—the highest
lowest 46.

low-water m irk
low-water mark
low-water mark
low-watermark
*
At high-water marlk

April 10, ’74.—*

Inch.

...4

Now Orleans reported below high-water mark of 1871 until
Sept. 9, 1874, when the zero of gauge was changed to high-water
mark of April 15 and 16, 1874, which is 6-iOths oi a foot above

too

frost hurt the gardens but not the corn ;

high write® mark

16 7-16

4. 3%
873
47.900

one

Feet.

16%
17%
16%
16%
115%

on

<-April 9,’75.->
Below
Above
Above
Above
Above

January.

r>o i

1

rain

day, the rest of the week
The rainfall has reached ninety-two hundredths
of au inch ; and the thermometer has averaged 65, the highest
being 78 and the lowest 61.
Augusta.—A light rain fell on one day of the past week the
remainder being wsfin and dry. Total rainfall thirty nine hun¬
dredths of an inch ; aud average thermometer 63.
Charleston.—The weather the past week has been very fine and
warm, rain falling on two days to the extent of ninety hundredths
of an inch.
The thermometer lias averaged 61, highest 75 and
lowest 44. Farmers are planting rapidly.
The following statement we have also received by telegraph
showing the height of the rivers at the points named at 8 o’clock
this afternoon (Friday, April 9).
We give last year’s figures
(Friday, April 10, 1374) for comparison :
was

being pleasant.

•

.

..

■&00..

Savannah-There

16 9-16
16 10-32

60).

.

2,400.... ...17 19-32
1 ;%
l,i 00

IT

200
700

16 25-32
16 23-16
16 27-32

For November.
15 '5-32
500.
200.
16 17-32
F00.
16 9- 76
5'>0.
100.
16 19-32

May.

3 <00
300

iw.
700.

4 300 total Oct.

..

r.00..

3,800.... ...17 13-52

16%

100.
800
700.
2H)

.

2,000

cts.

16 21-32
16 11-16
16 23-32

1,200.

For Au crust.
200..
17%
17 17-32
1.1ft)..
17 9 16
200..
900..
17 19-32
700..
200..
17 21-32
500..
.17 11-16
200..
17 23-32
1.900
17*

100....

\oi400 total April.

l-16c.

'

...

16 21*38
16 11 16

For

17*

15,t00 total July.
For June.
...17 1-32
17 1-16
1,100....
1,000.... ...17 3-32
200...
’.7%
17 5-32
1,300
17 3-16
3,300....
17 7-32
1.600

16 19-32

S*H)

•

.

1,600...

lOOs.n/til .16P-16
1.400 8.n
’6 9 16
16 fi-K6
703
200 s.n 8tli 16 10-3?
300 8. n...l6 19-32
2,703
l 000

bales.
490
100.

CtL
17 11-lS
17 23-32

100..

1,909

56,700 total May.

100 S.n.8thl617-32
200 S.n.Gth.. 16 9-16

1,000

bales.

Ctfl.

17 3-32

7.5U0
500,...

cts.

bales.

361

...

,

April 10, 1875.]

Percentage of total crop re-!
80-94
76 96
ceived April l
82 04
75-89
76 10
Dec. 29. Jan. 18
Jan. 8.
Jan. 8.
Half the port leceipts received Jan. 2.
On which day receipts were... 1,909,<)5S! 1,822,525 1,375,784! 2,011.601 1,454,908
Half the total crop
On which

received...;

Jan. 11.

Jan. 10.

Jan. 5.

Jan. 26.

Jan. 18.

day receipts were... 2.083,115 1,978,164 1,480,893i 2,109,295 1,575.389

a

We have also worked out and added to the above table the
percentage received at the ports up to April 1 of each previous
year’s total port receipts and total crop. Taking the five years
Memphis.—We had eighty-four hundredths of an inch of rain together, the average receipts at the ports to April 1 were 85-06
on one day the past week.
Corn planting is making good prog¬ per cent of the yeai’s total receipts at the ports. If we should
ress.
There was a frost here on one night, but not a killing apply this average to this year, the total receipts at the ports
would be 3,745,000 bales ; adding then 350,090 for overland and
frost. Average thermometer 60—highest 70 and lowest 52.
Mobile.—It rained severely on one day, the early part of the Southern consumption, we should have a crop of 4,095,000 bales.
past week, and is cloudy to-day.
Planting is making good Or if we consider that this year’s movement up to this month is
progress.
The thermometer has ranged between 41 and 77, the represented by the largest percentage of port reca’pts of any year
in our record, that of 1871-2, when it was 89 31 per cent as given
average being 61.
above, then the total port receipts for 1874-5 will be 3,566,000
Montgomery.—Showers on one day of the week, the rainfall
reaching one and eight hundredths of an inch. Average ther¬ bales, which, with 350,000 bales added for overland and Southern

week, the rainfall reaching twenty-six
The thermometer has
lowest 26.

82—highest 82, and lowest 39. Planting is progressing
favorably.
Selma.—With the exception of a light rain to-day, the past
week lias been pleasant. Average thermometer 63.
Macon.— We have had one rainy day the past week. The
thermometer has averaged 59, the range being from 42 to 76.
Atlanta.—The early part of the past week there was rain on one
day, the rest being clear and pleasant. Rainfall fifty nine hun¬
dredths of an inch. Average thermometer 63.
Columbus.—There has been no rain all the week. The ther*
mometer

mometer has




consumption, would make a crop of 3,916,000 bales. We do not
give these figures as our estimate of the crop. We make no
estimate, but simply work out these lesults for the convenience

of

our

readers.

Shipments.—According to our cable despatch received
to-day, there have been 46,000 bales shipped from Bombay to Great
Britain the past week, and 39,000 bales to the Continent, while the
receipts at Bombay, during the same time have been 53,000
bales. The movement since the first of January is as follows.
These are the figures of W. Nicol Si Qo.f of Bombay, and ar«
Bombay

averaged 63, the highest being 78 and the lowest 40, brought down to Thursday, April 8;

THE

302
^-Shipments tht» week-,
ConGreat
Britain. tinent. Total.

1875...
1871...,
1373.
.

..

..

..

85,000
60,0)0
38,000

39,000

46,000
45,000
20,000

15,000
18,000

Great
Britain.

3I2.0C0
255,000
263.000

CC(1tinent.

Movements of Cotton at the Interior

,—Receipts.—>

(—Shipments since Jan. 1—,

THIS

since

Total.

w-ek.

dan. 1.

192,000

504.000

53,1*00

160,000
103,1)00

415,000
363.000

75,000
41,000

635,000
595,000
485.000

give the movements of cotton at the interior
shipments for the week, and stock to-night,
ponding week of 1874;

that compared with iast
year there is an increase of 25,000 bales this year in the week’s
shipments from Bombay to Europe, and that the total movement
since January 1 shows an increase in shipments of 85,000 bales
compared with the corresponding period of 1874.
Messrs. Nicol & Co. also telegraph, revising their estimate o
shipments from that port. It appears that on further investiga
tion they have discovered that their expectations with regard to
Oomrawuttee and Broach supplies are not likely to be realized,
and therefore they lower their last estimate, putting the ship¬
ments now to the 30th of June at about the same as during the
same period of last year, which would be 1,045,000 bales.
This
corresponds with their original estimate telegraphed us and pub¬
lished in the Chronicle of January 23. The receipts this week
are again very considerably less than they were the same week a
year ago, as will be seen by the above table.
Gunny Bags, Bagging, Etc.—During the past week the de¬
mand for baggiug has been very active, and considerable sales
are reported.
On spot we hear of 2,700 rolls at 12£c., and 4,500
rolls ai 12£c., and 150 half rolls at 12fc., all cash ; futures sold to
the extent of 500 rolls May delivery, at 13c.; 500 rolls June, at
13±c.; and 1,300 rolls July, at 12|$13c., time. The market closes
firm, with few lots offering, at 12Ac. cash in Boston, and 12fc.
New York for spot, and 13i@13^c. June and July delivery, with
holders not disposed to sell at these figures.
D unestic bagging
has been in good request, and we hear of sales of about 10,000
rolls, at prices varying from 12£c. spot cash to 13c. July delivery,
the market closing steady at 12|@121c. cash on spot, with a good
demand.
Bales have sold to the extent of 100 bales native at 91c.,
and 200 bales Borneo at 12£c. cash, the market closing steady at
these figures. Bags nominal at 121c. cash asked. Butts have
been in active demand, and sales are reported of about 13,000
bales since April 1, mostly to arrive, at 2(22!c. gold in bond.
On
spot, sales of about 3,000 bales were made at 2fc. time and 2 li-lGc.
cash, the market closing steady at 2(a)2£c. gold in bond, and
Prom tue

2

Columbus
Macon

1874.

..

stock

...

Stock at Havre

...

Barcelona

Stock at Amsterdam

32,250
48,500

Stock at Rotterdam

11,060

5,250

Stock at Antwerp

11,000

continental ports

Total continental stocks

...

Total European

...

...

...

Egypt. Brazils, &c., adoat for Europe.
Stock in United States ports
Stock in United States interior ports.
United States exports to-day

856

915

2,885

801

242

135

2,003

2,500
4,789

2,828
6,441

12,213

10,319

30,391

24,895

115.153

2,314

2,946

3,611

3,800
2,338
17,998
13,924

5,349

.

Total, new
Total, all.

.

.

7,807

38,110

8,387

21,773

121,099

17,521

12,439

.

L'ue above totals show

that the old interior stocks

6,873 bales, and are to-night

during the week

the same period last year. The receipts
bales less thau the same week last year.

than

at

The

increase, as compared with last week,
bales, against 2.916 bales last week.

WEEK

...

...

...

73,000

544,000
1.403.000

392,000
339.000

492,217

84,762
21,000

93,173
8,000

3,048,508

2,877,303

70,000

554.246

2,076

6,245

....

....

8.421

Liverpool

....

year.

Hamburg
Other ports

202

2.797.390

6,438
8,139

15.965

18,750

16,404
2,152

4,043

31,521

•

....

100

840

871

4,860
’

•

1,701

•••»•"

23,544

100
•

....

751

|#i|

....

10

25

....

....

....

....

50

2,647

....

....

....

....

60

2,672

8pain,Oporto&Gibraltar&e
All others

Total

4,860

317

650
190

....

860"

Europe.

342,857

347

570
301

549
109

Bremen and Hanover

....

239,668

...

....

342,857

—

6,245

...

6

....

239,668

....

6
...

....

total French

Total to N.

7.

2,076

2,018

8,424

Havre
Other French ports

Spain, &c

9,284

Grand Total

377,21*

279,109

6,692

2.916

2,895

The following are the receipts of cotton at New York. Boston^
Philadelphia and Baltimore for the last week, and since Sept. 1/74 j

!

NEW YORK.

rkoe’ts from-

1,292
1,443

Savannah

1,235

Mobile
Florida
S’th Carolina
N’th Carolina.

•

•

•

This
week.

Sept.l.

98,299'

1,466

25,020

Sept. 1.

New Orleans..
Texas

•

25
933

41,998
96,7591
1,270,

1,149

Since

-This
week.

8,776!

bis:

33.580

320

Virginia

2,146
1,383

North’rn Ports
Tennessee, &c

512

5,201

120,409;

25

954;

Since

This

Since

week.

Sept.l

4,023
4,184
13,393
m

m

m

m

20,291

41

41

60/>28;
2.090 57,258
2,560 31,724
2,421

....

137;

...

•

4,965

....

0

....

c

•

•

.

■

•

-

•

•

*

•

9,150
17,856
1,062 56,873
•

...

•

895
48S
•

•

•

-

.

*

.

6,341

1,037 27,801
....

•

•

•

•

„

•

13,692

38
m

•

752

BALTIMORE.

Sept.l.

9,218

5.313

106,584
52,914 j
141,241
12,407,

Foreign

PHILADELP’IA

BOSTON.

j

Since

This
week.

28,000

81,000

2.018

Mch.

Other British Ports

25,000

538.000

to

period
prev'us

date.

April

24.

Meh.
31.

Mrh.
17.

47,000
79,000

324.000

Same

ENDING

EXPORTED TO

35,000

1,445,503

Below we give our usual

Total

10.00C

1,337,750
361.000
467,000
67,000
552,569
82,989
9,000

1,773 bales less

have been 2,044

of cotton from New York, and their
last four weeks; also the total ex¬
ports and direction since Sept. 1, 1874; and in the last column
the total for the same period of the previous y ear.
Bxports of Cotton(bales) from New York since Sept.l, 1874

70,000

436,750

have decreased

table showing the exports
direction for each of the

171,000

337,500

13,290

this week from New York show an
the total reaching 6,692

of cotton

exports

84,762

14,576

9,134

930

Cincinnati

...

....

Total this year

14.195

678,146

10,479

246,073*

2,244

54,366

2,483 103,912

Total last year.

26 640

775,568

11,312 258.057

769

32.632

1.969

96 097

totals or American and other descriptions are as fol¬
461,000

328,000

254,000
538,000

196,000
339,000

551,246
84,762

492,217
93,173

21,000

8,000

bales. 1,811,553

1.913,008

1,456,390

360,000

377.000

353,000

170,750

178,000

Continental stocks

107,250
170,500

182,750

India adoat for Europe
Egypt, Brazil, &c., adoat

361,000
67,000

324,000
81,000

848.000
398,000

Total East India, &c

1,065,750

Total American

1,811,558

1,135,500
1,913,008

Liverpool stock
Continental stocks
American adoat to Europe

United States stock
United States interior stocks
United States exports to-day
Total American

Brazil, dec.—
Liverpool stock

533,000
167,000
467,000
552,569

82,989
9,000

East Indian,

London stock

-

70,000
1,341,000

1,456,390

2,797,390
3,048,508
bales. 2.877,308
9*d.
8tfd.
8@8>*d.
Price Middling Uplands, Liverpool
These figures indicate a decrease in the cotton in sight to¬
night, of 171,200 bales as compared with the same date of 1874,
and an increase of 79,913 bales as compared with the correspondTotal visible supply

date of 1873.




1,051

..

Atlanta

859,000

29,000
33,250
67,250
28.500
19,000
39,000

12.250

Stock at Bremen

ng

82,989

St. Louis

178,000

52,500

138,500

StocKat Hamburg

Of the above, the
lows :
American—

.

...

Shreveport (est.)..

681,000

1,008,750
156,500
11,750

1,000,250
7,750
71,000

Stock at Marseilles

Total visible supply

13,966

1,000

.

Total, old.

1873.

838.000

170,750

'

stocks
India cotton adoat for Europe
American cotton adoat for Europe.

3,878
37,801
11,480

7,090

.

Nashville

brought down to Thursday evening ; hence to make the totals the
complete figures for to night (April 9). we add the item of
exports from the United States, including in it the exports of

Stock at other

3,441
1,007

1,006
3,934
3,400

473

Memphis

by cable and telegraph to night. The continental stocks are the
figures of last Saturday, but the totals for Great Britain and the
afloat for the Continent are this week’s returns, and consequently

1875.

2,280

556

491

Total to Gt. Britain

Friday only.

ports—receipts and
and for the corres¬

189

.

.

Selma

Visible Supply ok Cotton as Made up by Cable and Tele¬
graph.—Below we give our table of visible supply, as made up

Stock at

..

Montgomery.,,.

ll-16@2fc. cash and time.

Total Great Britain

.

we

Receipts. Shipments. Stock.
1,180
17,551
1,624
593
1,146
7,170
252
1,240
6,419
530
231
1,854
772
473
4,003
42,192
4,174
7,400
5,568
2,308
1,787

Receipts Shipments. Stock.
13,145
2,639
1,319
361
7,832
1,515
916
6,573
282
.

Augusta

Ports.—Below

’75—»Week ending April 10,*74-*

r-Week ending April 9.

foregoing it would appear

Stock at Liverpool
Stock at London

[April io, 1875.

CHRONICLE

Shipping News.—The exports of cotton from the United States
the past week, as per latest mail returns, have
bales. So far as the Southern ports are concerned, these are the
sameexnorts reported by telegraph,and published idTheChbon-

reached 57,224

icle

last Friday,except

Galveston,and the figures for that port

for two weeks back. With regard to New York,
we include the manifests of all vessels cleared up to Wednesday
night of this week.
Total bales.
New York—To Liverpool, per steamers Spain. 1,331
Adriatic. 382
City of Brooklyn, 385....Algeria, 700
per ships Medea,

are

the exports

1,074

..

Kate Kellock. 2.367

To Havre, per ste-.mer L’Amerique, 347
To Bremen, per steamer Oder, 100
New Orleans—To Liverpool, per steamers Vicksburg, 4.789 ...Royal
Minstrel, 2,424 ... per ships Waterloo. 3,081 ... Mary Durkee, 2,590
per barks Pooliscar, 1,112....Maria Cath rina, 2,114
To Cork, per bark Themis, 1,630
To Havre, per snip Hercules. S.437
per barks Sarah M. Smith,
...

..Racer, 2 3S9—Ireihandel, 2,193... per schr. Ellen
Golder, 1,912
To Reval, per ship Protector. 2 135....per bark Niobe, 1,400
2.541.

To Malaga, per bark Sava, 1,249
To Barcelona, per bark Olimnia, 15
To Genoa, per hark Eva H Fisk. 697
Charleston—To Bremen, per bark Iris, 1,750 Unland
Savannah—To Liverpool, per bark Guiona, 2.112 Upland
To Queenstown, per bark Jessie, 1,052 Upland

To Cork for orders, per

hark Runer, 1,433 Upland

M.

.

6,245
317
100

16,110
1,680
12,472
3.535
1,249
69?
1/^0
2,113
I,05*

b45*

April 10, 1875.]

THE CHRONICLE.

To Pa'ma de Majorca, per bark Gerien. 50 Upland.
To Almeria and Barcelona, per bark Espaua, 600 Upland

50

To this

827

This
week.
94.315

1,800

bark

per

Armington. Jr., 1,1» 0—

American
Brazilian

4,528

Baltimore—To Liverpool, per steamer Casp an, 38 bags
Boston—To Liverpool, per steamer Marathon, 3t4
Philadelphia—To Liverpool, per steamer Pennsylvania, 270....

38
314
270

Total

The

-Imports.-

600

Texas—To Liverpool, per bark C D. W., 8*7
To Coik for orders, per bark Texas, 1,800
Norfolk—To Liverpool, per steamer ban Marcus, 3,363
Walker

our

...

.

Egyptian
Smyrna & Gr’k

date
1875.

701,654

18,339
2,422

1'9.5>8

108,192
1,102

-Stocks.—
Same

Total.

This

1874.

day.

lu0,908

346.940

274,780

87,620

107,320

49),040

Dec. 31.
1874.

506.910
62,070

1,949,030

date
1874.

109.150

82,520
73,660

10,050
145.260

230,370

700.640

684,710

15,232

10,98)

118,314

74.415

SIS,153

1,300
11,080
143,150

127,667 1.054,062 1,010,270

Total

usual form

To this
date
1874.
701.799
115.568

297,124
2,638
97,788

3,658,673

831,860

W. Indian
1,636
East Indian... 10,955

57,224

particulars of these shipments, arranged in

363

591

1,620

23,480

follows:

are as

Liver-

Queen s-

pool.
New York
New Orleans
Charlestoi
Savannah
Texas
No folk
Baltimore

Bre¬

town. Cork. Havre.

6,245

347

16,110

Mai- Barceaga.
Iona. Total.

Reval.

men.

l,t80 12,472

100

•

•

3,535

1,052

15
•

•

38
314

•

•

«

•

•

4,528

•

•

»

improving market for flour the past week,
and yet no great activity in demand nor
important advance ,n
prices. The upward tendency has been caused mainly by the

5,247
2,627

•

•

»

Friday, P.-M., April 9, 1875

There has been

1.750

•

...
•

BREADSTUFPS

6,692
35,758

•

600

1-8 ‘0

4,528

Boston

•

M33

827

•

1,249

1,750

2,112

•

38
314
270

an

advance in wheat here and at the West and the
consequent

big her
production. The leading business as well as the most de¬
Total
30,414 1,052 4,913 12,819 1,850 3,535 1,249
615
57,224
cided improvement has continued to be in the
shipping extras fi om
Included in the above totals are from New Orleans 697 bales to Genoa
; from
Savannah 50 bales to Palma de Majorca.
Spring wheat at $5.15®$5.35, and in the good average Minnesota
bakers’ brands at $G®$6.25. Iiye flour and corn meal have been
Below we give all news received to date of
disasters, &c., to
vessels carrying cotton from United States ports :
tending upward, in sympathy with the improvement in rye and
corn, but the demand only moderate.
Andean, str. (Br>, Miller, from New Orleans, at Liverpool, March 23,
To-day, holders were firmer
repor ts
having experienced very tempestuous weather in about lat. 40 N. Ion. 50
for shipping
W. On March 13 a sea broke on board the
grades, but transactions limited.
vessel, smashing mainrail,
bursting in the deck house, cabin skylights, and ha f 11 dug the cabin
Wheat has continued to show a
strong upward tendency, and a
with water.
On the 15th had to run before a WSW
gale, and lost close- considerable
reefed foretopsail.
advance in prices has been realized.
Stocks at
Colonial Empire, ship (Br.) Leslie, from New Orleans for
Reval, put into
Liverpool have been permitted to run down very low. The de¬
E sinore prior to April 4. leaking badly in her
upper works, bulwarks
stove and sails split; she will repair befoie
liveries of English farmers have
proce* ding.
materially fallen off". The mar¬
Waterloo, ship, (Br.) Harwood, from New Orleans for Liverpool, was aground
kets on the Continent have become active and
on the bar at
Puss-u-l’Outre, April 3. Three tugs were at work upon her
advancing. Ex¬
all the night of the 2d, but were not successful in
getting her afloat.
porters from this port have been favored by lower ocean
freights
Cottou freights the past week have been as follows :
and an advauce in
gold and exchange ; and speculation at the
*Live rpoo).
v—Havre.—,
Bren ien.
West has caused a rapid advance to
Hamburg.—
prices there, that have
Steam.
Sail.
Steam. Sail.
Steam. Sail.
Steam. Sail.
checked eastward shipments.
d.
d.
c.
c.
c.
c.
c.
c.
R eceipts at the Western markets
Saturday.. 7-32®V
X
.®7-32
show a material falling off; in the face of all these influences
#comp. ..®%
Monday.... 7-32® 5*;
®7-32
X
•®H Xc<>mp. .,®^
favorable to higher prices, the
Tuesday... 7-32®!^
..® 7-32
X
-mi #comp. ,.®K
relatively large stocks here and at
Wednesday 7-32® #
,.®r-32
X
*8comp. ,.®^
the West “don’t count.”
Accounts from the growing crop of
Thursday.. 7-32®#
..®7-32
X
..®% #comp. ..®%
Friday.
7-32®#
..®r-32
Winter wheat are conflicting, and
X
#comp. ..®%
probably its condition and
Market quiet.
prospects vary much according to latitude.
There has been
Liverpool, April 9.—3.30 P. M.—By Cable from Liver¬ better weather at the
Northwest for sowing the Spring wheat.
pool.—The market has ruled quiet to-day. Sales of the day were
To day, the market was active and buoyant,the
12.000 bales, of which 2,000 bales were for export
closing sale being
and specula¬
tion. Of to-day’s sales 7,000 bales were American.
four boat-loads of No. 2
The weekly
Chicago, in store, at $1.23.
movement is giveu as follows :
Indian corn has been in
light supply, and prices are decidedly
Mch. 25.
Mch. 19.
higher, with large sales of new mix ed on Wednesday and Thurs¬
(six days.)
Auril 9.
April 2.
Sales of the week
bales. 57,000
63.000
61,000
117,000 day, at 90c. in store, and 92@92^c. afloat, and old mixed at 93® 94c.
Forwarded
11.000
15,000
15.000
16,000
Philadelphia

270

•

•

....

,

cost of

,

.

..

..

•

••

..

...

of which

6.000

7,000

11,0(0

12.UU0

in store and

7,000
768,000
450,000
102,000

exporters took
of which speculators took
Total stock
of which American
Total import of the week
of which American

9,000

5,0G)
998,000

23,000

with

597,000
94.000

8.000

Amount a’lloat

7,000
468,000
260,000

529

of which American

541,000
142,000
75,000

128.000

63 000

Actual export

The

832.000

309,000

Satur.

.®8
do Orleans. ...®S#
..

Mon.
8 1-16
8 3-16

Tues.
8 1-16
8 3-16

533.1-Uu
89.000
42,000

6,000

6,000

436,000

437,000

209.000

following table will show the daily closing prices of

Mid’gUplands

893,000

Wednes.

Thurs.
..®8

8 1-16
8 3-16

202 OC0

cotton for the week.

8 3-16

Fri.

...@8
8 3-16

European Cotton Markets.—In reference.to these markets
our
correspondent in Londou, writing under the datej JMarcli

27,1875,

-Fair &

-Good &
Fine.—.

-Same date 1874—
Mid. Fair. Good.
Island
16
18
19
21
24
36
18
21
26
Florida do
15
23
16#
16
17# 18# 20
18
20
Ord. G.Ord. L.Mid.
Mid.
G.Mid. Mid.F. Mid.
G.Mid. M.F.
"pland.. 6#
7 11-16 7 15 -16
8 7 16
8 3 16
7#
8^
8#
8#
Nobile... 6#
8
8 7-16
IX
7#
8#
8#
8#
8#
Texas... 6#
8
7#
7#
8#
6%
N.Orl’ns 7
7 13-16 8 1- 16
9
7#
8#
sx
8#
Ord.& Mid-^

g’d fair-A

....

....

9#

Since the commencement of the year the
spBCuiatiou and for export have been :

transactions

on

-Taken
1875.
bales.

American..

on

.

&c.

bales.

on

towards the close

1875.

hales.
29,820

1874.
hales.

bales.

18,033

1874.

bake.
305,130

1.450

4,672

33,468
5,440

4,330

3,790

574

1,571

600

1.490

4,510
1,180

520
20.220

4,362
53,442

3.165

39.980
12 47c
25,Oc0

67,754

501,000

21,580

137,240

74,530

55,800

.81,083

speculation in oats was very active early in the week
prime mixed advanced to 72^@73c. in store, and 73 J® 74c.
afloat. But the higher prices checked the demand, and the market
has latterly been quiet.
To-day, the market was dull and
and

weak.

The

following

111,398

583,589

The
following statement shows the sales and imports of cottrn
lor the week and
year, and also the stocks on hand, on ThurfcPay
Gening last:
.

_

^cican..

230’

f^Phan
JwtIndian.... f
^•Indian

40

.10,130

5,258

57,230

6,769




1,660
,900

-j

15,850

Total

Same

period

Western

Spring

666,2«0
137,980
78,980
840
29.820

249,330

62,650 1,063,230

1875.

1874

541,690

37,640
! 0,500

39, 7

6.1; 0

6.08

1,970

a 70

93,850
76,950
970 1

24,5.50 j
240,510 12,600

7.0 0

5
5

o0®

5
5

50® 8 00
25® 5 75 I

brands
Southe* n bakers’and fa¬

6

25® 7 75 I- Oats—Black

mily nrands
Southern shipp’e extras..
Rye flour, superfine

7 00® 8 00
5 75® H 50

Barley—Western

4 80® 5 10

Canada West

City shipping extras.
City trade and family
..

Cornmeal— Western, &c.
Corn meal—Br’wine. &c.

The
lows

movement

978,520 68,900 66,31

in

10® 5 40
a 00

I

Flour, bbls.
C. meal. “

4 21® 4 50
State...,
4 75® 4 85 1 Peas—Canada

20
26
30
28
33
30®
42
32®
94
90®
93
90®
95
91®
92
9 lift
95® 1 05
72
70®
74
72®
76
74®
1 20® 1 32
1 50® 1 55
1 k*0® 1 35
1 15® 1 80

breadstuffs at this market has been

1875.For the
Since
week.
Jan. 1.
€2 503
790.521
2.422

51,919

Wheal, bus. 3 9.256
109.212
Corn,
“
200
”
Kye,
54,260
*darley “

2.143.045

.

.

.

Data ...”

In

...

Mixed.
White

RECEIPTS AT NEW YORK.

,

*

Southern, yellow
Rye

14®
21®
27®
25®

as

tol-

EXPORTS FROM NEW YORK.

.

:

.

12,17i

.

Wheat—No.3 spring,bush.$1
No. 2 spring
1
No. 1 spring
...
1
Red Western
1
Amber do
1
White
1
Corn-Western mixed
White Western
Yellow Western

Wheat

do XX and XXX
do winter wheat Xand
XX

weekly sales

1874.

:
Grain

# bbl. $4 15® 4 50
3uperflneStateand West¬
ern..
4 6u® 4 85
Extra State, &c
5 15® 5 30

Average

this
year.

the closing quotations

No. 2

SALES, ETC., OF ALL DESCRIPTIONS.

Sales this week.
Ex- SpeculaTrsdc* port
tion. Total.
3 7,640
bales. 36
1,199
6,690
21
290
7.390
6,740
174
21)
..
4,090
3,390
»oyrna «fe Greek )
70
An
176
150
810

are

Flour.

Actual

Liv., Hull & other exp’tfrom
outports to dateU.K.in

spec, to this date
1874.
1873.
44.700
3.320

95,504

&c.
Tndia Ac. 33,f.20

fotal

off

the market.

extras

—Actual exp. from

T°W

fell

The

Sea

8'azilian

But the demand

9

states:

Liverpool, March 24.—The following are the prices of
middling qualities of cotton, compared with those of last year:

jL'yptian.
NMndia,
*•

afloat.

holders showing more disposition to realize at the
comparatively high prices now current. The general demand is
quite moderate and the speculation fitful.
To-day, the market,
was fairly active at firm
prices, hold ers offering stock rather more
freely.
Rye has been in demand for export, selling at 95c. for Canadian
n
bond, and $1.05 for State.
Canada peas have been quiet.
Barley has been dull, drooping, and unsettled. The approaching
termination of the malting season causes the stock to be
pressed
many

.

49,450

v

Since
Jan.

1, 1874.
1,044.106
68,407

-1875.
For thes
Since
week.
Jan. 1.

33,816

490,900

1874.For the
Since
Jan. 1.
week.
43.791
614,065

3.0T5

37.451

4.575

7,521,920
3,612,1133

415,345

4.0-6.892

71,987

661.722

211.245
422.333

5,991

3,249.507
3 3,063

387,761
161,719
33,556

1,636,92?

2,142,999

041

5,455.352
11.100

“Roceipts at New York” Includes

•

•

•

•

also malt.

110

33,040

4,323

44,188
7.328,336
2,977,675
254,310

39* 621

chance of further

tables show the Grain in sight and the move¬
ment of Breadstuff's to the latest mail dates:
RECEIPTS AT LAKE AND RIVER PORT8 FOR THE WEEK ENDING
APRIL 3, AND FROM AUO. 1 TO APRIL 3.
The following

Chicago

busb.
(32 lbs.)
93.645

214,860

(56 lbs.)
154,945

173,208

28.910

95.391
53.3*0

28,917

-

...

Milwaukee.

95,997
37,957

8,080
76,’52

9.450
179.885

15,370

40,130

696,381

517,274
476,812

*3.2*0

..

St.

19,564
1,475

..

..

Total..

84.524

.

629,619

rrcsp’ng week,’74

110.815
124.599

.

.

(481hs.) 650 Ihp.)
4,662
7,397

738,639
787,330
686.319

119.795
389,473

70,-851
93,912
198,114
190,930
i.
70,749
.3.580,852 44.055,891 29,371.411
.4,326,915 59,201,232 35,817,605
Same time 1873-74.
Same time 1872-73... .3,792,921 37,012,641 39,978.828
!.
”«1

.

15,502
1.200

95,577

7,2.65
3,950

370,723
220,5''4
207,316
133.470

1,864

20,345
31,729
10,120
25,286

important price changes in these goods, and the
firm. For the principal lines of colored cottons

22,124

Milwaukee,

Toledo, Detroit,

Duluth, for the week

*

advances,

April 3:

Flour,

Wheat,
bush.

110,275
88,368

533,174
363,768

97,609
Corresp’ng week 1874
Corresp’ng week 1873 143,725
67,037
Coricsp’ng week 1872
75,387
Corresp’ng week 1871
Total dan. to date
1,057,615

551,379
279,373
99,160

March 27, 1875...

Same time
Same time

32,862
27,016

254.347

39.631

213,"69
173.303

80.034
43.738

1874
1873

At—

68,900

New York
Boston

24,753

Portland*
Montreal

12,500
20,893
23,29 )
33,664
17,292

...

"i

Philadelphia
Baltimore
New Orleans

201.292

Total
Previous week

138,501
184,497

week ’71

goods having been effected from first hands. With jobbers
been a moderate distribution of fancy cassimeres and
suitings, for which retailers have been ill the market, and prices
on this class of goods are very steadily maintained, except on the

there has

177.921
167,223

100,615

poorer grades.
Worsted dress

230,153

Corn,

Oats,

and tlie stocks of alj
the principal makes have been very much reduced.
Shawls are
jobbing well, but do not move very freely from first hands at the
moment. Hosiery is selling in moderate amounts, and rules firm
on all of the more desirable grades, at unchanged prices.
Foreign Goods.—The imports continue liberal, and tlie market
rules steady with a fair movement in nearly all departments
Tlie principal activity at present is in the mere staple qualities of
dress goods, and medium priced fabrics of all sorts have sold
readily. In silks there has been scarcely so much activity,
although the distribution of these goods has been fair. Ribbons
and millinery goods are in very fair request, and prices rule satis¬
factory. Of linens and white goods there has been a somewhat
lessened distribution, but enough has been done to maintain prices

bush.

bush.
62.509

(11,6)5

1-8.812
117.823

2t:,25‘i
10,125
18,000
9,600
163,800

117,800

116,568

....

•

•

•

....

1,000

•

1,009

18,0)0
-55,024

258 209

bush.
509

15,510

60.-f.55
4.590
5.650
193.600

12,009

91,370

Rye,

Bariey,

bush.

bush.

•

•

•

•

’(ioo

,,,,

....

....

545.151
504,731

751,203

398,354

820.608

309,810

79,010
86,803

2,100
5,400

499,312

1,093,765

360,307

33,659

10,627

13,931,738

3,822,288

636,425

51,620

9,315,874 4,275,137
2,083,745 6,274,967 4.751,925
1,263,175 10,601,815 3,029,037

602.328

791,2-59
83b,013

356,090
28,631

Estimated

Total Jan. 1 to date. 1,937,101 4,415,106
,2,821.217 10.196,157
Same time 1874
Same

.1.978,805
.1,615,443

time 1873,

Same time

1872

The Visible

granary at

of Grain,

Supply

Wheat
hush.
In store at New York
In store at Albany
In stole at Buffalo
In store at Chicago
In store at Milwaukee
In store at Duluth
In store at Toledo
In store at Detroit
In store at Oswego
In store at Boston
In store at St. Louis.
In store at Peoria
In store at Toronto
In store at Montreal
In store at Philadelphia
In store at Baltimore
Rail shipments

Afloat in New
Total
March 27, 1875

lake

accumulation at
rail, April 3, 187o

the principal points of

52,102

importations of dry goods at this port for the week ending
April 8, 1875, and the corresponding weeks of 1874 and
have been as follows :

and

The

1873

:

bush.

Rye,

Oats,
hush.

bush.
101.961
112.900

2,2 tt
537.29S

39,168
137,423

6,963

68,942

-

Barley,

57,60)

Corn,

121,363

2,521

786,260

1,701.02!! 2,391,967
30,200
32,500
58,578
59i,931
4,037,558 2,451,716
32,669
1,072,083
40 700

hush.

27,531'

167,612
52,883
52,025

25,0)0
19,132
33,195
1,426

6.701
19,583
125,000

30,624

21.414

792

2.507
40.000

1,4-30
4,000

2,000

339,852

500

1,500

32,862
10,000

6,587

630,-311

862,161

102,426
92,981

668,729

210,966

506,936

109,093
150.000
175,408

282,712

533,!7t
75,000

293.350

75,000

30,000
188,614
45,000

.11,237,504

8 038,917

2,228,659

11,343,801

6,219,409

York

"

11,57',622 8,235,061 2,388,474

April 4, 1874

2,364,854

1873Pkgs. Value.

.

12L740
41.980
1,500

40,958

CONSUMPTION FOR THE WEEK ENDING

ENTERED FOR

30,500

505,070 1,117,307
70 613
300,270
35,000
150,000
321,110
9,717
372.529
153,452

15.537

goods are in fair request,

steadily.

stocks in

including the

been very brisk, but few

of

at seaboard ports for the
AND FROM JAN. 1 TO APRIL 3.

Wheat,

bbls.

•

Goods.—The demand for woolens for
sales of any grade

Woolen

Domestic

men’s wear has not

131,196
4,896

1,415,125

Flour,




bnsh
6,587
23.315
5.360
9.5-6

3

receipts of flour and grain
WEEK ENDING APRIL 3, 1873,

*

Rye.

bush.

188,614
273,011

405,101
386,172
284,833
450,236

trade*

and

Barley,

63,689
12,042
1,813,162
2,270,930 593 521
612,313 4,8 »8,159
954.991
1.483,643 8,405,573 3,017,526 2,103.413
1,389,780 2,013,662 3,679.911 2,5 15,0 20 1.013,305
631,212
721,116 6,165,639 1,561,731
847,258

Same time 1872

Cor.

Oais,

bush.
293.350

offerings for prompt

quoted at G(SKHc. The print trade has been fairly active, especially
in novel styles.
Plaids are having a popular run, and the
still shows a partiality for the side-band styles. Cambrics and
percales are selling fairly.

Jan. 1 to

bush.

Corn,

bbls.

Week ending—

sufficient to use up tbe present production, and
delivery are not very heavy. Extras are

orders is almost

Chicago,

Cleveland, St Louis, Peoria

ending April 3, 1875, and from

•

•

•

....

6,226
1,393
16,416

....

.

Manufactures of

881
913
226

wool....
cotton..

do
do
do

silk
flax
Miscellaneous dry goods

WITHDRAWN FROM

Manufactures of

Friday, P. M.,

$519,549
525,687
798.702
200,654

wool....

509

469
197
421

5,576
7,172

Total

cotton..

do
do

silk
flax

741

3,888

2

Valno.
1320,055

376.852
403.842
198,749

1,266

8,613 $2,336,317

173,763

$1,473,261

MARKET DURING

TH1

$240,613

791
502
129
641

$337,467
163,797

570
367
161
548

37,922

2,164

57,181

5,975

63,487

$672,104

4 227

1808,393
2,336,317

7,621
3,888

$690,212
1,473,261

$3,114,710 11,509

*2,163.473

$209,215
152,673
169.656
102.608

8,643

thrownuponm’k’t. 10,243 $1,71)1,733 13,870

do

1875
Pkgs,

>1,725

810

4,061

A-ddent’dforconsumpt’n 3,071 1,119,679

wool....

8, 1875.

512
821
518

SAME FERIOD.

cotton..
silk

Manufactures of

April 9, 1875.

1,139
:,5io
1,093

WAREHOUSE AND THROWN INTO THE

do
flax
Miscellaneous dry goods.

Total

TRADE.

70,493

AFRIL

>
—-1874
Value.
Pk«rs.

189.733

3,071 $1,119,679

Total..

do
do

$406,509
301,236
151,708

648
373

ENTERED FOR

THE DRY GOODS

there has been a

very

*

Grain from the ports of

market still rules

good demand, and the market is firm, with a few slight
chiefly in denims. Stripes are selling freely in Cheviot
styles.
In priut cloths there has been a fair trade, both for spot
and forward deliveries, but tlie amount required to fill previous

26,470
39,986
25.981
37,507
15,822
38,436
I!5 510,397 5,,57-5,840 1,006.852
17,410.495 6. ,671,031 1,994,716
1 7.001,953 8 ,0-53.368 1.421,120

Estimated.

of Flour and

Goods.—There has been a fair business

jobbers in all grades of brown and bleached goods, and some
trade lias resulted in first bands. Of standard and
fine grades tlie supply is still rather limited, and in some cases
back orders liave not been fully supplied. There have been no

the

Shipments

of machinery occur, its effect

increase of

....

.3,642.014 32,283,325 38,230,868 18,761,279 5 ,833,363 2,359,345

*

'~

with

,553

43.334
66.077
43.116
88.089

278,270
215,297
522.474

Domestic Cotton

....

....

many

prices materially.

would be to stiffen

4,305

7,720

6.293

1,138,078

938,627
433,661

should only a temporary stoppage

busb.

8,219
15,191
17,938

The supplies of

irregularities in prices.

leading lines of cottons have been so little in excess of the
consumption that values on these goods have become extremely
sensitive to the influence of any decrease in production ; and

of the

Rye,

.

busb.

41,500

Toledo

C

Barley

Oats.

Corn.
bush.

Wheat
bush.
bbls.
(196 lbs.) (60 1 hf» )
Floor.

[April 10, 1875.

CHRONICLE.

1THE

364

140.270

10!),678

TBRIOD
$249,852

105,759
161.322
119,031

WAREHOUSING DURING SAME
542

239

$114,611

3! 9
74
233

92,912

370

75,750

139
571

49,761

103.704
156.2)38

132,513

578
335
133
4S8

14,569

$2-35,812

116,713
148,022
96,188

101,202

82,2802,931
30,883
good jobbing trade during tbe past week, Miscellaneous dry goods 1,154
showing more animation than at any time this season. Difficul¬
$721,592 16,058 $698,237
4,603
$363,977
2,019
Total
3,888 1,473,261
8,643 2,336,317
1,119,679
ties in the way of a liberal distribution through retail channels
Addent’dforconsumpt’n 3.071
still exist, but there is some increase in the consumptive demand
19,946
5,090 $1,483,656 13,246 $3,060,909
aud, with favorable prospects for an active trade soon to follow, Total entered at the port.
tlie retailers are disposed to operate more freely. A more hopeful
We annex a few particulars of leading articles of domestic
feeling is encouraged by the low prices current on nearly all lines manufacture, our prices quoted being those of leading jobber?:
of goods, although consumers generally are still somewhat
Cotton Sail Duck.
Ontario and Woodberry
28
cramped for money and manifest a decided spirit of economy. Woodberry and Druid No. 8.
USA Standard 25#
26
No. 9.
Mills.
8 oz. <2
Tbe traffic has not been sufficient as yet to materially lower job¬
8 07.
do
24
No. 10.
No. 0
44
9 oz.
do
42
bers’ stocks. Their purchases, therefore, have been of small No, 1....
10 oz.
do
40
Light duck—
No. 2....
12 oz.
do
18
lines, and the market has shown no important features in connec¬ No. 3
Bear (8 oz.) 29 in.,
38
15 oz.
do
21
do heavy(9oz.)...
36
tion with the package movement.
Prices on all lines of cottons No,4...,
Ontario Twls, 29 n
20
34
Mont. Ravens 29in.
No. 5....
36in.
do
have been steadily maintained, and, with threatenings of further No. 6.,,.
32
do
4Qin. 28
ExtwlB“Polliem’8”
30
trouble among the operatives in some of the mills, there is a No. 7....
There lias been a very

,

..

April 10, 1875.]

HEMP AND JUTEAmerican dressed
American undressed

GENERAL

PRICES CURRENT.

@ S
@ 15
0 32
0
1
3
1
1
3
@ 35
0 25
@ 3U
0 75
0 50
® no
0 26
0 21
& 3
0
6
0 5
(3* 3

3 O'J
12 UP
23 10

Croton......

Philadelphia.
Cement—R >sendaie
common

ii/ie-Kockland.

1
1
25
IS
24
1,5
10

Rockland, finishing

Lumber—Southern P'ne
White pine box boards—. —....

10
00
JO

1)0
White
00
merclian. box boai ds.
Clear pine
00
Oak ar.d ash
00
Black walnut....
75 ou
Bnruce boards & planks
22 00
■_
Hemlock boards & planks..
IS 00
Nails—lO06Od.com, fen & sli.^ keg 3 35
5 10
Clinch, IX to 3 in. & longer
5 5J
3dflne
3 50
jw^—Lead, white. Am, pure, In oil
11

pine

...

.

•

Lead,wh., Amer.,pure dry.
Zinc, wh., Amer. dry. No. 1
Zinc,wh.. Amer..No. 1.in oil
Paris whito,English, prime gold...

1 35

lata

15

good to fine

’

Coal-

75

12
10

16
15

@

12 TO
0 17 00

..

6O@90 days, gold.

16

ir»v0
V4

16
17

17 X 4

8S&.
si
j1LP.rS and bass

17fy

18.X 4

:
,

18V

26
0
is x a
IS 0
13 0

2i
21
21
l‘» X

16

0

16X

17X0

20

n

X J-

Costa Rica

1DX

0

COPPER—
....0
0
....0

Sheathing, new.(over 12 oz;
Rrazlers’fover l«oz.)

SO
28
30

....

American Ingot, Lake..;
COTTON—See special report.

21X3

21V

„

r’

Argols, crude.

2X0

“wrtiA*

?°,VU

Irgols,refined

Arsenic, powdered.
Bicarb, soda, Newcastle
B1 chro. potasli, Scotch

„

„

Bleaching powder .... ... • •
Brimstone,crude, in store....
Brimstone, Am. roll

U&stor'oU, HLlJlubond,

44
„

».

r

3X0

V gal..gold.

4X

17X
30
00

....

21k

0

4 50
21

„
*■••••

Cochineal,Honduras

24

S3

87X0

Caustic soda

0
0
0
0

46

’*•••
,,

Cochineal, Mexican
Cream tartar.....

2V

18 0
28 0
....0
4 50 0
17. 0
2 25 @ 2
17 50 S, S8

27

Chlorate potash.

43

44

4 5(1 X
;D)

60
45
36 X

35X0
H

0

«V0

d". WMtirn::::::::::'::.
Blnseng,Southern

„

,,.#•*•»••••

••

solid..

21

®

14

Oil vitnol (fir. degrees)

0

6(H)

17
36 X
28
30

7X

3

6 25
32
0)

2 30

1 30
1 50

62

:

2

gold

0

06^3
....a
0

Vitriol, blue.common
E16H—
George’s and Grand Bank cod
Mackerel, No. 1, shore,new
Mackerel, No. 1, Ray new...,;
Mackerel,No.2, shore, new
Mackerel, No. 2, Bay, new

8X
14 >4

85 0
....(2
35 <3

•

good

5X

!\0

Opium,Turkey,in bond
gold.
Prusslate potash,yellow
Quicksilver
Qnlnine.
;••••••■—;jn,T'
Rhubarb, China,good to pr....V ®
8al soda, Newcastle
.^010

...

75

2 25
•»«X
10

Store Prices.

62X0
1

50

6 00

0)

12 50
0 9 50

50

^

0

0

...

10 CO
s 00

FLAX—
North River

M
*

_

®

15

0

....

FRUIT—

ftaii\%*,seoaiess.,.
do
do
lo

Layer,

....0

new

•

Sultana

Valencia,

mow..

Citron,Leghorn
Prnnes,Turkish,
do

....0
50 0
....0

new

<a

7X0
10 0

new

/French

^ r

Dat« v A*

5*40

khrs\.-:

12

Canton Ginger

Sardine, A

or

®
....0

*

Sardines, V hi. box,

c”r.

hox

M Hear Cm l “Tt. all an

lM% .«««,<!.
do

quarters...

Western, quarters
•ed Western
do Ga. gool & prime, new
do
N. Carolina, prime.
unparecl, halves and qrs.

..

Blackberries
Aispberries, n<>w

Cherries, pitted,
Plums....

GUNNIES.—See

21X0
14X0
11 X0

8V4®
7X®
8X0
8X®

lx*

21

...

...

®

-

13X0

do < .Loose Muscatel,
Currants

.

0

23
23

u&

0

7X

'0
0

9
33

new

...

*

0

28
19

@

0

6 00
2 70

M
n
3 70

6X

26

8V
11
6
18

8 00

26

HV
12 X
9

'7V
8V
SX




“
“
“

do

...

do....

Para,

do

California,
Texas,

18
17

“

17
...

....

"
“
••

do
do....

...

....

cur.

gold

slaught...

10
!0

11

Calcutta, dead green
Calcutta buffalo
HOPS-

“
"

Cropot 1874
Crop of 1873

V

12

!b

21

12

Bavarian

15

15
14 X
11
10

1G

12X

0 29
a 27
a 3o
0 38

26 00
25 CO
34 00

00
00

Bar, Swedes,ordinary sizes
Hoop.

do

new, American

cur.

50 0J

Ordinary foreign
Domestic

100 lbs, gold fi
“

0 55 GO

G.’X 4

t...

“

comm’n
rough
Slaughter crop
Oak. rough:
Texas, crop

bide, h.,

“

m.

27

BX

9X
80

25X4
25X0

& 1

0

28
28
28

27
32
28

0

31

a

0
0

86

31
85

Cuba, clayed
Cuba, Mus., refining grades, 50 test.
do
do
grocery grades.
Barlmdoes
Deinerara
Porto ltlco.
N. O., new, fair to choice....

87
4i
44
40
40

gal.

63

Tar, Washington

1 90

Spirits turpentine
# gall.
Rosin com. to good strain’ll $ bbl.
“
No. 1
No. 2

pale

2 00
2 00
2 25
36 X
‘2 12 X
3 5()
2 GO
4 25
5 50

a

:

86

2
2
2
3
4

05
75
2)
15
50

NUTS-

Fllberts, Sicily

10 0
....0

Barcelona..

Brazil nuts

2x

0
...0
...0
11
0

9X

Pecans
1

25

0

2 10

0

00

0

A’monds, Languedoc
do
Tarragona

,,

l'.»X<4
0
0

Ivica....,
Shelled
Princess

80

0

@

OAKUM, navy to best quality... V lb

12 X
11 x
12 X
1 50
2 20
2 30
20
21
):>
83
30

7^0

.

3 00

70

0

80

7

on* CAKE-

City. bag

gold 4 1 00

Western

cur.

OILS—
Cotton seed, crude
Olive, in casks # gall

Ncatsioot

Whale,bleached winter
Whale, Northern
Sperm, crude
Sperm, bleached winter
Lard oil. 'Vinter

0 4 5 00
0 47 50

....

43
1 10
70
49
SO

Linseed, casks and bbls
Menhaden, prime L. I. Sound

75
70
1 90
2 15
1 20

0
(ft

@
(d

@
0
0

0
0
0

1

46
17

72
41
1 10

80

i 92X

i '23

fi'i;0

nom.

19

0

19 X

13X
9V

Naphtha, City, bbls

H .ms. smoked...

..

bbl. a <)
16 51)
“

“
**
“
“

19 50
f* 5)
10 50
IS 00

lb

.

Lard, steam

13X

RICE—
Carolina, fair to cho'oe
Louisiana, fair to prime

Rangoon, in bond

6X

13V 4

Refined, standard white
PROVISIONS—
Pork new mess
Pork,extra prime
Pork, prime mess
Beef, plain mess, new
Beef, extra mess, new
Repfhams

Turks Island
Sr. Martin’s
Llvnrnoo) .various sorts

SALTPETRE—
Refined, pure
Crude
Nitrate soda

Clover, Western
Timothy

7X

SX

‘8X

8X0
8X0
8X0

8013

8X
9i<
7V
GX
7X
SX
9X
10X
1"%

7

0
0
7X0

...s

d 0 10® 12
do 13015
do 16018
do 1«@»0
white

KX0

...

10V

'•X@

.

8X
8V
7X

0

8X0

8V

11X0
10 0

7X
8V
U V
10X
10X
lix
10X

9X0
9X0
9X0

9V
9X

8X0

9X

7 0
....@

grades
Vlb

10X0
ms®

Hard, powdered
do
granulated
do
cut loaf
Soft white, A standard
do
do
off A
White extra C
Yellow
do
Other Yellow

centrif...

Prime city, V !b
Western. IP Tb

0

23 00

@

0 20 09
0 1(1 50

0 12 00
0 21 10
0
(fi 15 11-16

7X 4

7X0
gold.

2 15

....

«t

8X
7V
2 87

7X0
26
30

V sack.

0
0

1 60

0

7X
23
35
2 85

^ tb
gold

....0

12X

0

5X

“

2VS

2X

...

V lb.
^ bush.

Hemp, fore lgn
Flax,rough
Linseed,Calcutta» 56ibgold (time).

11
2 60
1 85
2 10

Young Hyson, Com. to fair
do
Super.to fine
do
do

Choicest

Gunpowder, com to fair
do
Sup.to fine
Ex. fine to finest

do
do

Choicest
Imperial, Com to fair
.

<‘.u
do

Sun.to fine
F.xlra fine lo finest

Pyson Skin. & Twnn. ■ com. to lair.
do

Sup.to fine

do
do

do

Ex. fine to finest

Uncolorcil Japan,Com. to lair
do

Snp’rtollnc

do

Ex.fine to finest

Oolong, Common to Ia1r„*«
do
do
do

82
48
60

0
0
0
0
0
0
@

85
82
50
75
1 10

36
fO
90 ®
35
29 0
60
■10 0
75
62 0
1 20
1 (0 0
33
29 0
ro
88 0
72
58 0
26
21 0
29
27 0
Nominal.
40
36 0
54
46 0
77
59 0
80
25 0
52
36 0
70
55 0
97
85 @
82
25 0
52
36 0
85
58 0

Ex. fine to finest....

Superior to fine
Ex fine to finest
Choicest

Souc. & Cong., Com. to fair
do
Sup’rto fine
do
Ex. fine to finest
TIN—

gold.

Banca

25

0

....

21

Straits

2"X

20 ^
9 37X0

English
Plates. I. C.charcoal
Plates.char, terne

8 25

TOBACCOKentucky lugs, heavy.
“
leaf,
“
Seed leaf— Connecticut wrappcrs’73

9 62 X

S 75

0

13

11X0
13X@
35
7
18

Conn.ifc Mass, fillers. *73.

Pennsylvania wrappers. ’72..;

25
55

0
0
0

8
40

Havana, com.to fine

87X0

25

Manufnc’d.in bond, black work
bright work

13
25

0

30

0

60

0

53
53
58

“

“

WOOLAmerlcan YX
American. Nos. I & 2

Vlb

50
4t
55

American, Combing
Extra, Pulled.
No. I, Pulled
California. Spring Clip-

40

Cape Good Hope, unwashed
Texas, fine
Texas, medium

gold.

Smyrna.unwashed
ZTNC—
Sheet

50

0

40

0
0
0
0
0
0
0

£5
33
!3
28

0

83
35
85
35

15

-

South Am. Merino unwoished

0
0

33
FU
80
25
2!
33
33
83

Superior, unwashed
Burry

<5*

17

9X0

...$ It,gold,net

FREIGHTS—

ton.

Oil.....

2 65
1 90
2 35

Beel

2 00

Pork,...........Vbbl.

Corn.h’lk & hgs.
bus
Wheat, bulk & bags..
$) tee.

(l. •v. (t.
7-32 SX
2 6 0....
22 6 02? 6
35 0 0....
6 ®....
6 0....
5 0 0....
3 6 0....
S.

9X

3ATL.

■PTKAM.—

To Livkucool:
3k ft.
Cotton
18 bbl.
Flour

0

80

Medium
Coarse

Heavy goods.

i'-H

SO
36
50
75
28

cur.

Extra fine tc finest
Choicest

do
do

9

8V0
....0

Hyson, Common to fair
do
Superior to fl:>c

“

PETROLEUM—

Crnde, In bbls

0

7X@
8X0

7X0
8k 0

9%

SEED3 50

..

Manila
N. (>., refined to grocery
Kenned—Hard, crushed

0

....

Gren}ble..

Peanuts. Tennessee,
do
Wilmington
do
Virginia—

do
do
do

spring

5

do
do
do
do
do

10X
•

Walnuts, Bordeaux..
do
Naples
do

..

Brazil, hags, D. S. Nos. 9011
Java, do. D.S., Nos. 10012

75

a

Pitch, city

extra pale

0
&
&

..

TALLOW—

Tar. Wilmington

do

spring

7

48
50
6)

0
0
@

NAVAL STORES—

“

...

machinery

9
16
10
11

0

do
Porto Rico,refining,com. to prime,
do
grocery, fa’r to choice..

45

0
0

11X
UX

10X0
10X0

tur.

pr. to choice grocery
centr.hhds. & bxB, Nos.

do
do

42
43

0

42X4

2 17X
1 13X

Store Prices.
14X0
17V
8V
14 X
12 0

air to refining.....
Frime, good grocery

do
do

<‘.

0

Sheet

LEATHEKHemlock. Buen, A’res, h.,m.*l
“
California, h., m. «fc 1

"

“

Molasses, liluls & hxa.

6 75
5 80

0

...

Bar.-..,

0

2 15
1 13

cur.

Melado

Patna

SY

do
do
do
do

LEAD—

“

& W

7 00
8 65
S 25

0
0

S 45
3 00

"

Cuba,inf.to com. refir’ng
do fair to good refining

Sheet, Russia.as to assort.. ...gold.
UX0
15
Sheet, single,double & treble, com.
5
4X0
new, English
Ralls,
gold 4° 00 0 50 00

SALT-

3-1
29
21

Gin...
Domestic liquors—Cash.
Alcohol (88 per ct) C.

17

gold.—
0 15 00

3 55
3 65

V gall.
"
“

Rum—Jam., 4th proof
St. Croix,3d proof

40'

@

SUGAR—

Store lYicea,
130 00 auo (0
80 00 0125 (HI
87 50 0135 00

Scroll

Brandy, foreign brands

1 02 X
10^'

0

16

American German

00

lix

(iy0

•

SPIRITS—

American

‘23

35'^

stems

American blister
American cast, Tool
American cast

00

0

ICO

;;;

English, cast,2<l&lstquality *n gold
English, spring,2d & 1st quality.. “
English blister,2d & 1st quality.. “
English machinery
“
English German,2d & 1st quality “

IRON-28 fC

Nutmegs. Batavia and Penang
lmento, Jamaica
cloves

STEEL—

15

21

10^0

Whiskey
40
25

‘0

n

Calcutta

do

26

22

22X0

1

id**

....

18

25 @

Batavia

do

0

Pig,American, No. 1
Pig, American, No.2 ...\
Pig, American, Forge.;
Pig, Scotch-.
.....'....nominal

6^

17X<&
17X(4

Linger African

0
0
(<i
0
0

15

Crop of 1872

gold

5vhitc

do

0
0
&
(4
0
<3
0
0
0
0
@
0
@
0

...

“

,

8

HAY—

Shipping

:!o....

„d0.

®

21 X0

“
“

7 25

7(0 0
6X 4

cur.

Cassia, China Llgnea.

23X4

“

do....

Bahia,
TPefSaffed—Buen. Ay, selected

23
28
30

report uniter Cotton.

GK8|p!iK‘S~ft keg
Mining & Blasting
f lit ? to

they run

Chili,
Pernambuco,
Savnniila,

....

...»

6X0
6X0

,,

Madder,French..
Nutgalls,blue Aleppo

Shellac
Soda ash, ordinary to
Sugar of lead, white

7

....0
....0
....0
15 0
26 0
25 0

c;>r.

J filfiP
••••••••••
Licorice paste, Calabria
Licorice paste. Sicily

Licorice paste. Spanish,
Madder, Dutch...

as

22X0

•

MOLASSES—

DRUGS & DYES—

Alum, lump

Mex,

Maracaibo,

Bahia,
do...,
Dry SaWeif-Maracail-o, do....

gold.

Pepper, Batavia
do
Singapore

0

22

6 00
5 fy
5 00
5 00

0

47-, @
4 50 0
4 87X4

SPELTKUSilesian
Domestic

21

23

5 50

^ n>

Isatlee, re-rceled
Taysaam, Nos. 1 & 2
Canton, re-rceled No. 1....

SPICES—

26

23X0

"
"

6 50

.

KS1"?.::::::::::::::::::

do....
do....

0

English

0

Liverpool

cargoes,

Matani. and

13

17

5 00
••• •

Orinoco,
California,

?3

Belgian

.

gas cannel...
Liverpool house cannel.

Ayres, selected, gold
Montevideo,
do....
“
Corrientes,
do....
“
Rio Grande,
do....
**

39
23

MX 9

Anthracite (by cargo)

HIDES—
Dru—Buenos

L. 1..Hock—Calcutta

13

fine

State dairies,

75

0
0
0
0

12
12

....

‘

^Statexfactory,

00
50
50

@

15

(Western) “

no
00
oo
00

0 3
11 X@

UTTER—(Wholesale Trices)—
Halfflrkins(Eastern.) 3-ls to extras..

Korkins
Welsh tubs

00

9X2

....

n

00
00
00
30
35
35
00
00

Tsatlee, Nos.l to 4

0300 00

@M5 00
gold.220 00 <4230 00
“
210 00 (a280 00
^lb “
7X0
3
“
5iX4
5X
“
4X2
5X

Italian
Manila...
Sisal
Jute

BREADSTUFFS—See special report.
BUILDING MATEKIALSBricks—Common hard, afloat

SILK—
p ton. 255 00

Russia,clean

1811ES-

365

CHRONICLE'

THE

d.

*

1

ibj

.0

,

K f!t
7-:3 i

A

22 6

20 0
35 0

0

6

0

6
4 6

®

0

•

•»•

3 3

0

•

••*

(it

..,.

•

•.

•

tlM

(April 10, 18.5

CHRONICLE.

THE

366

Financial.

Commercial Cards.

Commercial Cards.

E.R.Mudge,Sawyer&Co Henry Lawrence & Sons,
Washington Mills,

MANILA, SISAL, JUTE A TARRED

ISurlintrton Woolen Co,,

Clileopee Mfg <’<>.,

Ellerton New Mills,
Naratoga Victory Mfg
BOSTON.
NEW YORK.
43 & 45 White Street.
15 Cuauncky
PHILADELPHIA,
J. W. DAYTON, 230 Chestnut Street.

€o.
St.

192 FRONT

State

NEW YORK.

BOSTON
PHILADELPHIA.

211 Chestnut street
AGENTS

1

FOR

Continental Mills,

Otis Company,

Warren Cotton

E

W

.

Pine

66#

&

|

Mathews 6c Co.,

Co.,
n

CAR COVER
1NG, BAGGING. EA VENS DUCK, S A 1L TWINES
ONTARIO” SEAMLESS BAGS,
“AWNING STRIPES.”

Deposits received subject to check at s'ght, and In¬
oh daily balances at the rate of four

terest allowed

cent per annum.
Liberal advances made on

er

snipinents consigned to

heir correspondents in all the principal
A

ports of Cuba

Telegraphic Transfers ol money on Europe

and California.

Deposit accounts received on favorable terms.
We give special attention to the Investment uf

mortgages on improved Real EBiate in
Chicago and vicinity, giving to capitalists, availing
hemselves of our services, safe and profitable invest¬

money, upon

BANKERS A:

Duane

City Railroad
and Gas

FINANCIAL AGENTS
DEALERS

No. 32

MANUFACTURERS OF

York.

&

GAS

Co.,

Represented i;r

JEWELL,HARRISON
PUKE

PACKED

ALL

THE LAW

umes,

MERCHANTS

Buy Stocks on margin and negotiate Stock Privileges
on any part of lOOsha'es. A48 page pamphletemitl d
the ART OF SPECULATING IN WALL STREET,

‘

Tumbridge & Co.,

CHEMICALS, COLORS, DYESTUFFS,

BANKERS

39 Wall

(fee.

Street, New York.
>

~

n

4

KUTTROFF,(Gcneral Patera
FABRIK

Specia

AND

Partner

phlet mailed on application.

Commission.
allowed on Balances

checked for at sight.

B. Dickinson.
Platt K. Dickinson.
Member S. Y. Stock & Gold Exch’ge
Howard C. Dickinson,
Member X. Y. Stork Kxrhnnpe
'

Grant &
BANKERS

Company,
AND BROKERS,

STREET*
BUSINESS
SOLD ON COMMISSION

WALL

33

TRANSACT A GENERAL
STOCKS BOUGHT

AND

INTEREST ALLOWED ON

E

.

S
65

.

BANKING

DEPOSITS.
G. St. John

R. Suydam Grant.

SHKKUbP.

Bailey,

WALL

STREET.

Dealer in

York,

Buy and Sell Stocks on Margins or for Cash
negotiated at the lowest
market rates; $50 for 50 shares, $100 for
100 shares. Thirty-two page explanatory pam*

Gold, Stocks aud Bond*

Accounts received and interest

BROKERS.

Street, New

PUTS and CALLS

Philadelphia and Boston.

WM. P1CKM ARDT.
ADOLF
BADJSCHE ANLL1N ,fe SODA

BROADWAY,

exp'aining terms used and various methods of operat
irig bt stocks, will ho pent, free to any address.

IN’

Branch Offices In

ought and sold strictly on

No.

AND

No. 23 Cedar

CO., Banker*,

Government Securities,

which may be

Place,

YORK.

NEW

BANKERS AND BROKERS,

7 2

P O II T E It S

<feeM

price $10.

J. Hickling &c Co.,

NEW YORK.

,

RONDS

F O It

W m Pickhardt&Kuttroll

•fee

OF MUNICIPAL

17 Na*ARit St., New York

OF LARD OIL AND STEAEINE.

COMMISSION

Broad St., Cor. Exchange

Per Cent.

W. N. COLER A

PROVISION DEALERS AND MANUFACTURER

I M

12

& Co.,

BANKERS,

S'ocks and Bonds

just published by our senior, should be In the handf
of all interested in this class of securities. Two Vol

CLIMATES.

ESTABLISHED 1841.

to

A. B. Lounsbhry,
Excb. Late Cash. DevoeMfgCo

Dickinson

We make a SPECIALTY of County, City and Schoo
District Bonds, GUARANTEE
LEGALITY of all
bonds sold, collect the coupons without charge, cr
Send for
take same as so much cash on 6alcs.

COMPANY.
LAUD

.

STREET.

price list.

China,

Wall St., New V«rlt.

104

U j. Morse,
Member N. Y. Stock

STORKS,

Dealer in Railroad and Investment

7

BROADWAY & 19 NEW STREET
New York.

25

Hong Kong, Shanghai, Foochow A
Canton, China

OLYPHANT A Co., of

66

Jr.,

Stocks,

WALL

X

MERCHANTS,

COMMISSION

J. Morse & Go.,

York.

BANKERS,———

Trade ONLY Supplied

Olyphant

Stocks,

Securities” In this aaner

quotations of “ Local

H.

SECURITIES.

Cine St., New

Brooklyn
2

&

CORPORATE

N. T. Beers,

OF

11 Old Slip, New

See

IN

Sattcrlee.

Gee. B.

SIPEK-CAUBOXATE

No.

AND

RAILWAY

John Dwight & Co.,

.lonmnv

PLACE,

41 EXCHANGE

Specia.ty lor 19 Year*.

Street.

SODA.

OTIS,

CHARLES

supply all Widths and Coi ns always in stock.
109

'

'

ments^

specialty made of attending to the business of
Merchants out of the cityi

Ripley & Comp’y,

Company.

Travelers' and Commercial

leading cities of Europe and

Credits, available in the

B inks. Bankers and

Also, Agents

No.

HENRY GREENEBAUM & CO.

Issue Bills of Exchange,

Make

PROMPT COLLECTIONS MADE ON ALL POINTS

States Hunting

Street, New York,

(Corner of Wall Street.)

the United States.

William A: Pine St«., N. Y.

Cor.

COTTON CANVAS, FELTING DUCK.




BANKERS,

BAN KE R S,

And all kinds of

The

York.

New

CHICAGO HOUSE:

D uncan,

COTTONS \ILDUCK

United

Street,

Railroad Bond?

Greenebaum Bros.&Co.,

,

Financial

Manufacturers and Dealers

A full

C O R L I E S

.

Bonds

terms.

1 Nassau

WORKS.

Pit I NT

the Stock Boari'.i

incorporated loans neg ttiated on liberal

and other

Hosiery,

Brinckerhoff, Turner

“

Japan.

Manufacturing Co.,

OltIFNTAL

&C.

Hiogo,

gW First-class Municipal

REPRESENTED BY

Lowell Hosiery Co.,

Troy

M E R C H A N T S

Yokohama and

Boston Duck Co,

Otis Company

gW Securities uot dealt in at

specialty with this house for many years.
C O M MISSION

Palmer Mills,

Kockport S. Mills,

and sold at the New

Exchange and at private sale on commix

Y"ovk Stock

Smith, Baker & Co.,

Co.,

Mfg, Co.,

Kenlrew

Years,

sion.

Cordis Mills,
Mills, Thorndike Co.,

Columbian Mfg.

DAY’S NOTICE WHEN REQUIRED

gW Stocks and Bonds bought

of approved mer¬

Days,

all other

Established Custom 22

Our

Franklin Co.,

Putnam Mfg, Co.,

CO.,

OF CHINA AND JAPAN.

Bates Mfg. Co.,
Laconia Co.,

Pepperell Mfg. €o.,

Made on

Special Sales

A

BONDS,

Every Monday and Thursday, or

UPON ONE

HEARD

AND

STOCKS

Co.,

Advances made on consignments
chandize.

Androscogain Mills,

OK

Street, Bouton,

AUGUSTINE

YORK.

AUCTION SALES

gW REGULAR

ORDER.

AGENTS FOU

street,)

100 Summer street

No. 43 PINE STREET, NEW

NEW YORK.

STREET

Everett &
66

street,)
V

Brokers,

DOMESTIC USE,

RIGGING MADE TO

GANGS OF

Nicolay & Co.

Stock Auctioneers and

CORDAGE,
FOR EXPORT AND

Wright, Bliss & Fabyan,
71 & 73 Thomas
and
117 & 119 Duane

Albert H.

manufacturers of

FO It

AGENTS

Fire

a*

d

Marine Vnwurance
aud Scrip

atocki

“SPECIALITY.”
Cash paid at once for the above Securities; or
will be Bold on commission, at sellers option.

they