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Dninitttia
MAGAZINE,

MERCHANTS’

HUNT’S

^ Sitf e r fc l tj
REPRESENTING THE

INDUSTRIAL AND COMMERCIAL INTERESTS OF

THE UNITED STATES.
NO. 459-

SATURDAY, APRIL 11, 1874.

VOL. 18.

CONTEHT8.
THE CHRONICLE.
Our Financial Prospects
Inflation Sophisms
Extent of Cotton Planting]

for

Next Crop

Railroad Earaings for March,
and from Jan. 1 to April 1
The Way to Specie Payments—
A Very Old Idea

365

361 i Central Railroad of New Jersey.
3621 Changes in the Redeeming
j
Agents of National Banks...
363 I Latest Monetary and Commercial

!
364

366

English News

Commercial and Miscellaneous
News

deposits a month ago were 244 millions, and last week
they had fallen no lower than 237 millions, while the
loans have risen from 286 millions to 291 millions. It is

The

-

the

367

servative

365

a more convincing illustration of
business is limited or of the con¬

scarcely possible to give

366

extent

to which

incertitude which

keeps guard

against risky

enterprises. That this caution has a wholesome influence
we do not deny.
We are also aware that there is a large
aggregate of sound business doing all over the country—a
City Banks, Boston Banks,
Corporation Finances
374
Philadelphia Banks, National
larger aggregate than many people suppose; still the
THE COMMERCIAL TIMES.
Commercial Epitome
377 I Dry Goods
381 general course of trade
is evidently dull. If, secondly,
Ootton
37S i Prices Current
383
381
Breaastufls
we look into the Stock Exchange we find a similar set of
facts.
Of late there has certainly been a great temptation
to not a few restless adventurers, to make light of the
<&i)c ^iirontcU.
The Commercial and Financial Chronicle is issued on Satur¬
warnings of experience, and to persist in believing that
day morning, with the latest news up to midnight of Friday.
speculative purchases of gold or fancy stocks would yield a
TERMS OF SUBSCRIPTION—PAYABLE IN ADVANCE.
large and immediate profit, could the Senate or the House
The Commercial
Financial Chronicle, delivered by carrier to city
be induced to vote for a given measure of currency per¬
subscribers, and mailed to all others (exclusive of postage):
For
THE BANKERS

Money Market, U. S. Securities,
Railway Stocks, Gold Market,
Foreign Exchange, New York

GAZETTE.

369

Banke, etc

Quotations of Stocks and Bonds
New York Local Securities
Investments and State, City and

372
373

..

,

and

One Year (including a
For Six Months

THE

file cover the first year)

RAILWAY

$10 00

6 00

MONITOR,

turbation.

The

required votes have been given again and

again. But, as was predicted, there came a time when the
prospect of currency inflation developed dullness instead of
$5 00 excitement, and paralyzed the patient instead of stimulating
3 00

Journal of general Railroad Intelligence, supplementing the financial news
contained in the Chp.onicle. is published monthly on Thursday the fifteenth,
or about the fifteenth, of each month.

a

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price
per year (including a file cover the first year)
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to subscribers of the Chronicle
1 he Chronicle and Monitor will be sent to subscribers until ordered
tinued by letter. Postage is paid by the subscriber at his own post-office.

galvanic activity.
Subscriptions and Advertisements are taken in London at the office of
Thirdly, let us look across to the Trans-Atlantic markets.
the Chronicle, No. 5 Austin Friars. Old Broad street, at the following rates:
Annual Subscription to the Chronicle (including postage)
;
£2 9e. Yesterday’s cable dispatches show a further decline in
Monitor
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Chronicle and Monitor together.
2 14s. American securities; so that there as here like causes seem to
william
DAfcA, )
WILLIAM B. DANA & CO., Publish®**?
JOHN CL FLOYD, JR.
i. f
79 and 81 William Street NEW YORK.
be at work, but as yet only partially manifest and complicated
Post Office Box 4,592.
with other forces.
For example, the return of American
The Publishers cannot be responsible for Remittances unless made by
bonds from Europe is in part due to the desire of Ger¬
Drafts
Post-Office Money OMers.
A neat file for holding ourrent numbers of the Chronicle is sold at the
She invested in fiveoffice for 50 cents; postage on the same is 20 cents. Volumes bound for sub¬
many to realize her large profits.
scribers at $1 50. The first and second volumes of the Chronicle are wanted
twenties
and
other
bonds
at
low
prices, and is selling out at
by the publishers.
high prices. She invested when she was full of capital and
Mr. Alex. Holmes is the only authorized traveling agent for the
Chronicle in the United States.
had few home outlets for it.' Now she has her own banks,
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discon¬

him to

M

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B.

or

Mr. Edward McFee is the

only authorized traveling agent in Great Britain.

OUR FINANCIAL PROSPECTS.

Physiologists explain to us how it is that nervous stim¬
ulation, if carried beyond a certain pitch, causes exhaustion,
and even breaks down the delicate organism ot the human
body. Every day’s experience reveals a like danger in the
body politic. The financial organism is just as sensitive
as the human
body to excess of stimulus. This prin
ciple, carried into Wall street, helps us to understand much
that is disappointing the sanguine prophets of currency
expansion. The movements of the last few days abundantly
justify the cautions we have so often repeated for some time
past as to the effect on stocks and gold and other commodi¬
ties, which might be expected from the finance measures
under discussion in Congress.
What are the facts?
In the first place the April settlements all over the
Middle States have set up much less than the average
drain of the deposits and tlje currency of our city banks.




corporations, and schemes for internal improvement, which
promise such high returns as to absorb capital and attract
it away from our bonds.
Here then we have one of
a multitude
of causes which are at work in Europe to the
detriment
of our securities, and tend to jostle fivetwenties and ten-forties out of the favored place they have so
long occupied in relation to European capital. Still making
due allowance for all these circumstances there is
too
much ground for the current report that in Europe some
thing more of distrust prevails just now than for some time
past towards American investments.
Of course we have
no desire to lay too much stress on this temporary tendency.
Before it can be fairly measured we must know how much
of it is due to the artificial efforts of the cliques to depress
Erie artd other speculative securities at the London Stock
Exchange. Still we cite the evidence for what it is worth,
and would watch it assiduously in view of the further
fact that of late some large loans are reported to have

11, 1874.

THE CHRONICLE

362
7T

been

negotiated

good terms by several of

on

INFLATION SOPHISMS.

our best rail-

road and other

corporations.
Another fact of importance is that the national bank notes,
which vere accumulating here some time ago, have been got
rid of. Hence more than half the country orders for currency have had to be filled with greenbacks.
This accounts
for the fall in the greenback average of the banks to 57 gail
lions last week, with a possible further decline since.
The
highest greenback return since the panic was 62 millions on
the 28th of February. Prior to the panic the highest green¬
back average this year was 50 millions on the 2nd of
August. It appears then that, notwithstanding the April
drain to the country our New York banks are stronger in
greenbacks than they have been at any previous time this
year. They hold indeed 22 millions more of greenbacks
than at this time last year. We have here another illustra¬
tion of the profound uncertainty which was referred to above,
as being so widely disseminated among the mercantile and
financial community. It is not a little singular that in face
of this cautious conservatism which prevails all over the
oountry, the inflationists are keeping up the cry that new
issues of greenbacks will generate a new brood of bank
credits. When or how this genesis is to come about they do
not stop to find out. Everybody knows that the mere printing
of 44 millions of currency cannot of itself add one dollar to the
solid realized wealth of the country; and yet these numis¬
matic physiologists tell us that by some m^gic it will add
just 200 millions to the capital the banks now have to loan.
Aristotle declared that money was barren. It was left for
these modern inflationists, anxious to face the fire of specu
lations, to discover that new issues of paper money can
quadruple themselves, and can engender bank loans to
the

extent

whole

the
Us
to

way

of
sum

of millions of dollars.
If
of 44 millions of greenbacks could find
hundreds

into the

banks

the assets of the banks.

it

would undoubtedly

add

It might inflate prices, stimu¬

speculation, and give birth to an increased demand
on the part of the mercantile community.
But
to measure beforehand the precise resultant of all these
combined forces, and io say what is the precise amount of
bank inflation they would cause, is a task which few bankers
would venture upon. Certainly there is abundant evidence

late
to

borrow

that it would fall far short

which

are

set down for it.

of one-half of the 200 millions
This speculative estimate, though

has done good service by calling the public
loans is a
different kind of expansion from the inflation of the green¬
back currency.
The former often results from the latter,
itself incorrect,

attention to the fact that the inflation of bank

and when it does

so

result it

multiplies and spreads the

evils of paper money depreciation.
The only topic which remains for

.

There is

something amusing and suggestive in the ingei*

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**i

if possible, some special notice
them in getting popularity
and distinction.
We shall not be surprised to find that
these gentlemen have mistaken utterly the popular will,
and the Connecticut election may be taken as a warning of
the fate which awaits not a few demagogues, whose return
to private life and consequent loss of power, few wise men

the currency; and to provoke,
from the press that may help

will

mourn.

Congress may find,
perhaps, more gratitude. They have been requested to
vote in favor of inflation by considerable bodies of their
constituents,.
If this is the case with Mr. Coburn, of
Indiana, his friends should not fail to appreciate the bold¬
ness of his speech on Thursday, whatever they may think
of its logic or fidelity to truth. This speech aims to sum up
the chief arguments that have been urged for inflation in the
of

Some

whole

the

expansionists in

of the debate. Mr. Coburn, like all great
in the art of dialectics knows how to use the Napo¬

course

masters

maxim, Strike at the heart of
began by attacking those who argue

leonic

the enemy’s line. He

that “ inflation cannot
give what the South and/West chiefly want, because that want
is not currency but capital.”
In this attack, if he could only
succeed, he would strike down one of the most potent
obstacles

to

inflation,

He declared that the South and

in abundance.
defend by the
census reports which be thought were full of evidence “ to
command the respect, and to silence the insolen.ee of those

West,

so

far from wanting capital, have it
>us sophism he attempted to

This notori

who made the statement

that the Wpst or the South had

plenty of capital.” “ What they want is currency,”
he said; but how they fail to buy currency, if they have
plenty of goods to procure it with, he wholly tailed to tell.
Without dwelling on this defective argument he declared
that he could see no safety in contraction of the currency,
and none in keeping the currency at its present limit.
Assuming that the capitalists of the South and West want
currency and cannot get it, a case of hardship was easily
made out. Something must be done for their relief. What
that something should be Mr. Coburn does not for a moment
doubt. Congress must act. The Senate bill should be
passed, creating more bank not?s and more greenback cur¬
rency. So far as it goes, this bill he deemed to be a
measure of relief.
As to the bank circulation, it were
better to add to it an extra fifty millions than to withdraw
from the notes now outstanding a single dollar. The&e notes
are a basis of bank loans.
If the notes were retired, the
loans would be called in to the ruin of business. For this
reason the bill of the Senate was right in that it did not
withdraw any bank notes, whether to replace them by green¬
backs or by other bank notes. Both sorts of currency should
rather be increased;—the former for the reasons just adduced ;
the latter because the great lesson of the September panic
was that there ought to be a reserve of currency in the Treas-*
ury within reach of the people.
As to the influence of such
excessive issues on specie payments, and as to the general
advantages of paper money, Mr. Coburn’s argument is sum¬

not

notice is the price of
gold. The expected rise in the premium has not taken
place. And there are not a few persons who argue that
whatever may be enacted about the currency by Congress
there are two obstacles to the advance of gold. First, in the
absence of other disturbing influences, such an advance
implies an enlargement of the outstanding currency. But
it will be difficult for Mr. Richardson to enlarge the green¬
backs exoept his revenues should fall off and a new deficit
should lie created which is not probable. Secondly, it will
be equally difficult for a long time to come to enlarge greatly
marized as follows:
the issues of national bank notes. For not only will very
The value of currency depended not on its redemption in coin
little currency be taken out with United States bonds at 120, but on the ability and intelligence of the people to pay taxes
but any material enlargement would bring about a forced and to supply revenue to pay the debt and interest. The way to
resume specie payment was to keep up the prosperity of the
redemption even under the present law, and this would
check further issues. These are the chief arguments which people, and this could be done by a moderate expansion. Specie
payment was a myth everywhere, The banks always suspended
are relied on by those who disbelieve in the rise ot gold.
It must be admitted that so far their forecast has beep debt and
bring up the currency ^o the gold point. At the close
pf the war the paper circulation was twice its present volume *
supported by the facte.




Ion a run. Time and credit would work the Government out of

363

THE CHRONICLE

April 11, 1874.]

people did not suffer, but prospered. The pains of con.
traction had been felt when the present limit was reached. Busi¬
ness had increased, and more currency was needed. If contraction
was needed why did not the great Eastern bankers, who urged it,
set the example by withdrawing their circulation ? Legal-ten¬
ders were the life-blood of the nation in war and peace. With
them wages had risen fifty per cent. It was the poor man’s cur¬
rency ; it was the farmer’s currency, for it gave him good prices
and a home market.
From all this it will be seen what are the fundamental
and the

would bring relief to his Indiana friends
who have such abundance of wealth—relief to all impe¬

declares that it

His idea seems to be that
created for giving money
to all who clamor for money.
What are these novel
and how are they to be called into exist¬
means,
ence
by greenback issues?
On this point—the most
important in a financial point of view—the infla¬
tionists are
wholly silent.
They seem to forget
that there are three things needful for a revival of
errors on which the inflationists build their vast superstructicn of sophistry and error.
Their first error is that it is business. The first is capital, the second is currency, and
last is confidence. Of these three the one which is now
within the province of Congress to create money. Now the
we have often shown that
Congress have and can have no most wanted is confidence. Suppose every new issue of
such prerogative. If they had it must have been con¬ paper money which we are to have should impair that
ferred by the Constitution. Let us look at that instrument. weakened confidence and make it weaker still. Other
In Section 8 of Article I Congress is authorized to borrow countries have proved that this is very likely to happen as
the result of over-emission of paper. Instead of business
money, to coin money, to provide for the punishment of
counterfeiting money; but nowhere is there any authority improving it may settle down into a deeper stupor with
given to create money. In the same section Congress is every new issue. This languor has happened to others.
authorized to declare war, to raise funds to support armies, It may happen to us. It would certainly happen if by any
new issues of paper money the public confidence were to be
and to do anything needful thereto. This war-power was
invoked during the rebellion to justify the issue of green¬ crippled. The currency mountebanks therefore who offer
backs. But even in time of war this power was doubted. their nostrum of inflation as a specific for dullness of busi¬
not be too implicitly trusted.
In time of peace there is certainly no shadow of legal foun¬ ness must
dation for the claim to

cunious

people everywhere.

there will be some new means

issue greenbacks.

EXTENT OF COTTON PLANTING FOR NEXT CROP.
give a short answer to the allega¬
There seems to be an impression prevailing among some
tion that Congress is bound to create paper money to do the
business of the country.
We reply, first, that there is no (encouraged by parties desiring to engineer a
such duty recognized nor any such power conferred in the through the spring months) that our crop of cotton the
Constitution. On the contrary, this power is specially pro¬ coming year must necessarily be very small. We propose
to examine the present prospects a little critically, and see
hibited to the States, and therefore by implication to
how far this impression is likely to prove correct.
Of
Congress. For if it were not so prohibited, the States
course we do not expect to indicate any precise figures for
would in special terms, have renounced this power and
the years production ; all we hope to show is, what is the
would have formally reserved it as a prerogative ol the
extent of the influences working in either direction.
General Government. Instead of this, what do we find ?
And in the first place it is very evident that the question
We see the power of issuing legal tender money solemnly
of capital must .to some extent control the planter.
Hence
forbidden to the States, clearly showing that it was not to
in portions of all the Atlantic and a part of the
be resorted to under the new Constitution at all as an
On these facts we can

speculation

Gulf

ordinary means of carrying on the government. Secondly
this privilege of issue is not in words conferred on the Fed
eral Government, so that there is no basis for paper money

If this view le
correct, the bills now before Congress for the increase of t' e
greenbacks are clearly unconstitutional, and if so declared
by the Supreme Court they will not avail for the issue of
the currency for which some impecunious people so ardently
look. We might go on to confirm by economic reasons and
from financial history the position that it is no part of tie
issues to rest upon

except the war-power.

prerogative of Congress to create money. These arguments
we defer.
Enough has been said for the present purpose.
But, secondly, the inflationists have another string to
their bow, and rest their hopes on a further fallacy. They
assume that if Congress can only be induced to issue more
currency, business will be sure instantly to revive.
This
popular error is very prevalent. Several journals which
pretend to oppose inflation have gone on, day after day,
helping it by urging Congress to do something to settle
the currency. If these prints were sincere in contending
against expansion they might better have asked Congress to
do nothing, to let the greenbacks alone, to keep their hands off
the sacred ark of the currency.
The clamors of the press
have been almost as powerful in destroying confidence,
unsettling public opinion and checking business as have the
inflationists and their combined forces in Congress.
Waiv¬
ing all this, however, and supposing that the currency were
all emitted to-day, which can be got out in the next six
months should the inflationists succeed, let us ask what

States there

will be

a

very

considerable falling off in the

the fertilizers used. This will be the
of necessity. Where the crop was
failure this year—and this Includes a very considerable
section of whit used to be considered the very best cotton
lands—there is not money or credit enough left to attempt
the production of the same acres worked last year. We
do not, therefore, think it is at all exaggerated when it is
stated, as we see it frequently, that twenty.five per cent less
cotton will be planted in some of those sections this spring
than was planted last spring, and not unlikely fifty per cent
|ess will be paid for fertilizers. We do not mean that this
will be the percentage of decrease cf any state, but of
certain sections of some of the states, and that it will be
the result, as we have already said, not of choice but of
necessity ; the least favorable result may be looked for in
South Carolina, chiefly because of the poverty consequent
upon the fearful corruption and unbridled oppression which

average planted and in
result not of choice but
a

holds sway there.
It will not do, however,

from this one fact
that we are necessarily to have a*very small crop of cotton.
Many other conditions enter into the problem. A very
considerable portion of the states referred to produced an
extremely good crop this year, and will be under no such
pressure as we have described, and will therefore curtail
their planting very much less, so that the average falling
off in even those states is not likely to show any such per.
to conclude

in the Souoh Western States, where
addition of labor, the probabilities
would be the effect produced on business by such issues? favor an increased acreage, and it is scarcely necessary to
The inflationists tell us what it woulcl be* Mr. Coburn add that a certain number of acres there represent a larger




centage. Then again,
there has been a large

364

THE

CHRONICLE.

(April 11, 1874.

product than the same number of acres on the Atlantic. should be raised, for the consequence of overburdening one¬
Taking, therefore, the whole cotton producing section self with obligations for the sake of raising cotton or for any
together, would it be safe for any one to base any business other purpose almost always ends in poverty and distress.
One fact more remains to be considered, and one that
engagement, which depended at all on the price of cotton for
its success, on a larger decrease in acreage than from ten to just now is lost sight of, as it appears to us, by many ; for
the conclusion is hastily accepted that we are going to have
fifteen per cent %
Very likely it will be said that unusual efforts are being a very small crop, because present indications are that the
made to have the crop a small one this year, and that the acreage is to be less. The fact we wish to emphasize, there¬
Grangers are working to that end. Something like this fore, is that the crop of 1873 now coming to market is a short
has been tried before. Several times during the thirty crop—irregular an ! differing widely in different places as to
the yield per acre, it cannot be denied that compared with
years, from 1831 to 1860, attempts were made in con¬
vention and elsewhere by resolutions and recommendations an average full and even crop this is a short one, and mater¬
to planters to curtail cotton production, and to limit supply ially so.
In its general character the season was unfavorable
that remunerative prices might be sustained. The result and the average yield per acre much less than wa3 obtained
of these efforts is known.
A few were influenced; but in old times and may be obtained again; had the season
others believing that the crop was to be small, and prices been like that of 1870, we do not see any escape from the
higher, quietly put in more cotton, so the average showed conclusion that we should have raised over five million bales
no
decrease.
We have, therefore, extremely little faith in of cotton, if so much could have been saved. Th»s being so,
each of our renders may determine for himself what will be
any fallingoffin acreage, except what actually is enforced,
either by want of capital, or through bad weather in springy the result this year, in case the season is more favorable*
preventing the putting in of seed, or some cause beyond the even if the year’s acreage should turn out to be 15 per
cent less than in 1873.
In the past the variation in acreage
will of the planter.
And the reason for this is evident—it lies in the fact has never corresponded with the variation in production.
that cotton always has paid better, and even since the war Taking the last six years, in their order, the largest increase
does pay better, than any other crop. The average cost of in acreage from one year to another was estimated to be 15
the American crop of 1866 to planters who paid labor per cent, (and that but once) and the largest reduction only
wages was 20 to 30 cents per pound, in some cases much 12 per cent from the preceding year—the average variation
more.
In 1871 the average cost with wages labor was up or down not exceeding 10 per cent; yet the variation in
over 15 cents.
In 1873 the average cost under the same the outturn or yield of the crop in those years wa? from 38
system (with good management) is not probably above 9 per cent increase to 32 per cent decrease, comparing eacn
cents per lb., although it is higher on this partially short with the next preceding crop.
That grown in 1869 was 21
crop than it would have been with a favorable season. By per cent over that in 1868; 1870,38 per cent over 1869 ;
improved methods, [the better working of the land, the 1871, 32 per cent under 1870 ; and 1872, 33 per cent over
Before the war the crop of 1860 fell off 21
fewer acres and the more bales to the hand, the cost of pro¬ that in 1871.
duction by
hired labor is diminishing from year to per cent from that of 1859, though the area planted was
On fertile lands,with good management, in favorable estimated to be very nearly the same, under the encourage¬
year.
ment of the very high prices which then existed.
seasons, 8 cents a pound will in time pay a better interest
The moral of all this is that our Southern planters should,
on the investment than can be made out of most, of the
industrial investments in the whole country.
Besides, now seek to so manage their work as to have their crop actually
an
important part of tha aggregate crop is raised by small cost them the least possible price. It is not wise to look for a
farmers, white and black, by the labor of themselves and small crop and high prices to make the year’s labor pro
families without hire.
The man who makes ten bales, ductive:—disappointment is pretty sure to follow such
worth $400 at 8 cents per pound, besides his food crops
expectations. The true remedy or relief lies in economy
has more produce to sell than the average of the smaj and frugality. The world is increasing its use of cotton
farmers in the North, who think themselves well to do in about as fast as our crop is increased ; and more and more
the world. The same land which with good culture yields it prefers the American staple, and i.s price will be rela.
300 pounds of ginned cotton to the acre, worth at 8 cents tively maintained at widening differences in its favor until
$24, will produce only 15 bushels or possibly 20 bushels of the culture of short staple for use in Europe will be mostly
Let the Southern farmer seek to give to
The larger quantity at 75 cents per discontinued.
corn to the acre.
bushel would be only $15.
If as a body the cotton growers them this cotton at a decreasing price to himself, then he
produced more corn than they need for home use, they will make money however, much may be raised. This
would have to seek a distant market for it in competition motto should be written over every planter’s doorpost in
with the corn growers of the West. It is only when not the land—“Less land to handle, but more produce to the
enough is raised for home use that it is worth 75 cents at acre.”
home. With local excess generally in the cotton States,
RAILROAD EARNINGS IN MARCH, AND FROM JAN. 1 TO
corn would
not be worth 50 cents per bushel—nor as a
APRIL 1.
product over $10 per acre.
Railroad traffic in March was quite unfavorable as com¬
These we believe are facts, and they have a power, a force
so irresistible, that no Granger
movement can overcome pared with the samq month in 1873, and a few of the com¬
them.
We have always advised—and to this extent if all panies show some reluctance in furnishing their reports
the friends of the South would unite, we think the advice promptly for publication, since the returns show a decrease.
could have some effect—that good management should in The fact is conspicuous, however, that the business of the
all cases prevail; that is, that the planter should raise the country has not been such during the past two months as to
subsistence crops required for home use, together with corn enable railroads in general to make large earnings, and
company creates a favorable impression by sup
enough frr a full supply of pork, not as paying so well as
cotton, but to guard against unfavorable contingencies, in pressing its traffic reports when they do not show an increase,
is a question which admits of great doubt.
The tendency
as much also as food crops ample lor use on a plantation
investors
in
of
this
country,
and
more
particularly
abroad,
ean
be produced with very little diversion of labor from
is to iodine towards the securities of those corporations
cotton; then again that an economical and not a debt crop




whether

a

April 11,1874.]

THE CHRONICLE

publish full annual reports, and give information
openly
about their financial affairs. We believe
that
it
would
materially
advance
the
credit^
and
certainly
the popularity in
financial circles
of several leading railroads which" might
be named,
if they would depart from their late custom of reticence and
give each month a full and fair statement of earnings and
expenses, and at the end of thtir fiscal year a complete
annual report and detailed statement of operations and finan¬
cial standing. The investor shrinks from putting his money
into the stock or bonds of a company about which he can get
no satisfactory information/
Notwithstanding the general decrease in business there are
which

several

roads in

nent from

below, which are the more promi¬
showing an increase over the corresponding
; in most of those cases, however, it must be

still

month of 1873
remembered

that

will not, believe in this simple remedy, although
has bean an unlimited number of political economists

there
since,
who have taught the same doctrine, and all history has borne
evidence to its truth. They know that stuffing has already
disorganized the whole political system, and still they are
determined that stuffing shall be continued, utterly regard¬
less of the resulting evils, if they can only experience a
temporary exhilaration. Yet, after all, the truth remains
unchanged and unchangeable—that the very same hole
through which we went in is the only hole by which we can

or

get out.

CENTRAL RAILROAD OF NEW JERSEY.

list

our

there

has been

of

increase

365

The annual
issued.

The

report of this Company for 1873 has just been
road

has

become very

prominent of late

among the great lines running out of
its rapidly increasing coal business and

years

New York, on account of
its unsurpassed facilities

mileage.
for suburban travellers, in addition to its business as a central
earnings are well kept up, when we
through route to the West. The accounts of the road, receipts,
consider the unprecedented snow storms in the Sierra
expenses, cost of repairs, equipment, &c., include the branches,
Nevada Mountains, making the month one of the most and the
Lehigh & Susquehanna Railroad leased. In comparison
unfavorable the company has ever known.-f The Union with 1872, the report shows that there was a decrease in 1873 of
Pacific gross earnings for February last were $607,990, 77,187 in the number of passengers carried (exclusive of com¬
against $491,783 in 1873, and net .earnings $233,034, muters) ; a decrease of 50,109 tons of merchandise carried, and an
increase of 286,76G in tons of coal.
But notwithstanding a
against $202,755 in 1873.
decrease in business on the first two items, there was an increase
The

Central

an

Pacific

RAILROAD EARNINGS IN MARCH.
"

1874.

Atlantic & Great Western

$402,317

Burlington, Cedar Rapids & Minn

867,666
318,976
576,260

Cleveland, Col., Cin. & Iud
Chic., Milwaukee & St. Paul
Chicago & Northwestern

Indianap., Bl. & West

.

*932,154
*367,210
258.600

..

Mobile & Ohio
Ohio & Mississippi
St. Louis, Alton «fc T. H. (main).
do
do
branches
St. Louis, Kansas City & North..
St. Louis & Southeastern

Total
Net decrease
Three weeks

260.127

297,613
104,193

338,725

44,482

53,420

201,213

229,925

122,299

74,500

98,022
401,699

102,491
471,301

$10,024,783

$11,257,593

•

•

,

,

.

•

.

•

.

.

.

....

.

»

.

.

$1,232,810
only of March in each
EARNINGS

PROM

1 TO

MARCH

1873.

$1,154,613

$1,155,723

Cleveland, Col., Cin. & Ind
Chic., Milwaukee & St. Paul
Chicago & Northwestern

277,532
2,510,224
964,663
1,888,160
2,936,497

Erie
Illinois Central

4,149,648
1.685,559

227,543
2,521,061
1,203.272
1,313,718
2,484,975
4.279,148

Burl., Cedar Rapids & Minn...
Central Pacific

Indianap., Bloom <fe Western...

432,611

303,338
646,060

4,211,909

Michigan Central
Missouri, Kansas & Texas

1.434,423
681,751

Mobile & Ohio..
Ohio & Mississippi
St. Louis, Alton & T. II. .main)
do

branches

St. Louis.Kansas City & North
St. Louis & Suutheastern

.

740,980
682,243

road

31.
Increase,

Decrease

$1,110

$
49,989

10,837
238,609
129.500

174,870
129,273

51,508
455,374
123,280
59,229

838,603

156,360

913,960

287,425
120,723

350,092
146,585
640,097
259,451
265,440

111,669
62,667

*281,526
277,170.

work

new

25,862

83,103
22.075
11,730

commenced

on

the

line; but second track on the Lehigh & Susquehanna
considerably advanced. During three years paso 146

miles of steel rails have been laid,
miles

was

was

on

the two roads.

making

now

a

total of 192

The Newark & Perth Amboy branches

have been consolidated with the main line.

Jersey City, the President says

451,522

802,291
556,994

No

As to the water lands south of

574,442

1,860,429

Kansas Pacific
594,552
Lake Shore and Mich. South. ..*3,756 535

*1,557.703

in convertible bonds.
main

year.

JANUARY

1874.

Atlantic & Great Western

do

$17,933

.

256.719

114,968

*70,179

Toieuo, reona & Warsaw
Toledo, Wabash & Western

*

441,386
555,287
967,258
1,628,742
660,759
112,569
300.719
1,180,195
416,517

1,413,223
567,554
151,L86
245,774

Kansas Pacific
Lake Shore & Michigan South'n.

*

939,778

1,039,086

Erie
Illinois Central

in

receipts from all these sources, as the apparent decrease in
passenger traffic was accounted lor by the introduction of monthly
2,455
72,il2 tickets, and the slight decrease in merchandise traffic was chiefly
122,410 of
unprofitable freights. The general result of the company’s
20,973
72,728
operations shows an increase in net earnings of $1,781,870 over
215.519
93,205 the previous year.
The percentage of operating expenses to
38,617
gross receipts was only 47 per cent in 1873, against 59 per cent in
54 945
248.641
1872.
The surplus of the year over and above all expenses,
49,307
interest and dividends is $977,323, of which $270,895 21 was
1,881
85,159
41,112 applied to the reduction of the valuations of equipment and other
18,106 accounts, and $34,917 75 to making good the deficiency of last
8,938
28,712 year, leaving $671,510 45 remaining as undivided profits.
4,321
For the coming year a larger business is predicted by the Pre¬
4,469
66,602 sident, and a reduction of operating expenses to 45 per cent, of
$136,654 $1,369,464 gross earnings. The company issued during the year $1,887,700

Increase. Decrease.

85,561

88,016

Central Pacific

Michigan-Central
Missouri, Kansas & Texas

1873.

$420,250

;

“

After long negotiations an agreement was made in the fall with
with the Riparian Commissioners of the State of New Jersey for
a full settlement of all controversies and suits by the payment of

$300,000.

For that

sum

this Company and The American Dock

and Improvement Company settled the title to this extensive and
valuable domain, as also to other lands under water. A difficulty
which arose in the carrying out of this agreement has, it is hoped,
been removed by the action of the Legislature, and that the

arrangement will now be perfected as speedily as possible/'
The Central Railroad of New

Jersey lias been for a long time
principal corporations interested in coal movements,
Total
$1,432,752
$1,730,954 but during the past year has increased to a very large extent its
....$32,006,462 $32,304,664
Net decrease..
$298,202
previous interests in this direction. By various consolidations
Three weeks only of March in each year.
the properties of the Wilkes-Barre Coal and Iron Company, and
of the Honey Brook Coal Company, were vested in the Broad Top
Mining Company, the new organization taking'the name of the
.THE WAY TO SPECIE PAYMENTS—A VERY OLD IDEA.
Lehigh and Wilkes-Barre Coal Company. The coal properties of
That practical public servant, yE>op—must he not have
the Lehigh Coal and Navigation Company also passed by purchase
been the eailiest known writer on political economy?—says, or
perpetual lease into the possession of the new company. All

Toledo, Peoria & Warsaw

Toledo, Wabash & Western.... l,18u,603

l,24o,701

66,098

one

of the

*

a

little

a

corn

having once made its way through a hole into the coal interests of the Central Railroad are now united in the
crib, became so inflated by stuffing and cramming Lehigh and Wilkes-Barre Coal Stock, of which they hold a con¬

mouse

impossible. In his distress he was discov¬ trolling interest.
The following is a statement of the coal properties of this
ered by the wise old mother mouse, who at once perceived
company :
that the same hole which provided a way in was the only
Coal Lands.
Total Area.
way out.
Stop says she my child, for if you continue to Wilkes-Barre lands
owned. 2,320 acres
2,900 acres
6,773
“
“
“
5,600
stuff and inflate, you may find present gratification, but in Newport and Hanover lands
800
“
Plymouth lands
*’
600 “
1,825
“
leased. 1,325
l,r
the end destruction is sure; your only remedy is to contract Wilkes-Barre lands
1,030
“
*•
1,030
“
Plymouth lands
12,000
“
;
“
owned. 3,925
—fast a little till you are thinner, and then you can walk out. Honey Brook lands..
9,000 “
Lehigh and Greenwood lands
leased. 6,925 “
“
8.000
owned
“
Our currency doctors at Washington—notwithstanding the Timber lands
that his exit

was

...

.

patient they




are

prescribing for is in a similar state—cannot,

Total

.21,725

acres.

42,328 acre

366

2d class1
cars, 175*.
Freight train cars (8-wli.)—house, 401; stock, 32 ; gondola, 312 ; c-^af, 6091
platform and all other, 427 ; 6 wh. cars, 209 : 4-wh. cars—coal, 14,231 ; gravel'
all other, 97. Total of all cars of freight trains, 16.685 ; or equivalent to
9,285#. Total construction train cars, 57 ; or equivalent to 8-wh.,

Equipment—Locomotives, 241. Passenger train cars, 1st class, 114 ;
12 ; baggatre, mail, express, Ac., 49 ; total of all passenger train

owned—Newark branch

Total length of road owned
Second track and sidings on main line
Third and fourth track on main line
Second track and sidingB on branches

Total

97*83 ,k

.267*00 “

4,991,000

3,231,000

Total....-

2.310 000
498 569

1,467,606

873,477

9,937

166,156

" ...19,799,043

25,194,816
8.231,073
2,931,52 1

7,761.112

ferry-houses... 3,079,752
Ferry interest and boats
574,046
Engines and cars
2,674,000
mines, maLand, docks,
1,609,808
chincry; Ac
Lehigh A Wilkes Barre Coal

574,016

0,891,559

Co. stock
American Dock A Im. stock. 1,500,000
705,217
Newark A N. Y. R.Ii. stock..
78,026
Chairs, spikes, rails, Ac.. ...
178.072
Materials and fuel
2,210,056
Cash and accounts
Renewal fund debt
...

16*00 miles.
Pa.. 105*40 “
Branches
31*99 “
Lehigh A Lackawanna (Bethlehem to State Quarries)...15*00
Nesquehoning Valley (Mauch Chunk to Tamauend).... 16*50
Treschow (Siiverbrook to Audemied)
6*00— 37*50 “
Total leased
193*89 “
Grand total of miles owned, leased and operated
291*72 miles.
OPERATIONS AND

coal,
4,401,328; do.
carried
mile, 48,448 769.
Freight Traffic—Han's of merchandise carried, 1.410,580; tons carried one
mile, 85,725,370; tons of coal carried, 3,906,315; do. carried one mile,

Mileage —Passenger. 1,439,117; freight, 1,116,750;
2,445,611 ; construction, Ac., 265,247 ; total, 5,266,725.
Passenger Traffic—Passengers carried (excluding commuters),

Locomotive Engine

one

335,717,780.

21 ; freight, $1,920,102

76;
mail, $23,015; rents,
$8,881,365 93
Operating Expenses— Maintenance of roadway, bridges, build¬
ings, Ac., $835.49331; engines, cars and machinery, $789,021 88;
transportation expenses, $2,170,844 31 ; ferry running and
ferry-boat repairs, $97,888 01 ; car service, $37,956 45 ; other ex¬
penses. $284,380 21. Total (being 47 per cent of gross earn¬
Earnings—Passenger, $1,409,044

coal, 5,462,863 05; express, $26,114
$21,927 99 ; other, $18,293 47. Total

50;

4,215,58120

ings)

Xet Earnings over

operating expenses

Payments out of Inc'ane.—Interest on funded debt
Dividends, (4 per cent each. Jan. and July)
Rent of
Taxes

..

Lehigh & Susq. RR

Total payments
Balance to surplus

4,665,781 78
$868,658 7100
1,600.000
1,150,303 63
69,496 03

Applied to the reduction of the
equipments and other accounts
Making good the deficit of last year

$3,688,458 37
977,323 41

*;

from net income

valuations of

$270,895 51
34,917 75—

305,812 96
671,510 45

Leaving as undivided profits
Financial Condition at Close

of the Year.

Engines
Passenger nnd baggage cars
Freight cars
....

Lehigh and Wilkes-Barre Coal Co. stock
Machinery, tools, miscellaneous property
Telegraph
American Dock and Improvement Co. stock
Chairs, spikes, steel and iron rails and ties on
Materials and fuel on hand
Cash and accounts

hand

receivable
LIABILITIES.

Convertible bonds

Bonds due 1875 (balance out)
Newark branch bonds due !8S7

Lehigh Coal and

payable
Renewal fund, uudiuded profits

Accounts

;

Navigation Co. loan due 1897 (assumed)

Railroad Car Trust of Philadelphia (assumed)
Dividend due January 20 .
Interest on bonds, accrued not yet due

29

21
72
45

32,267,104 36.687,256 67
8,794,881 12,304,616 27
3,056,008 3,284,386 74
574,016
524,046 10
7,882,235 8,094,580 35

863,672 CO

1,531,604

4,515,710

1,500,000

4,953.169 Si
1,500,000 1,500,000 0 J
883,100
845,468

750.009

267,949 76
309,944 94

297.451

2,077,044

4,310.442 4,584,890 59

25,191,816

32,267,104 36,687,256 67

34,918

REDEEMING AGENTS OF NATIONAL BANKS,
are the changes in the Redeeming Agents of
approved since the 2d iast.
These weekly

Banks

with an

changes are furnished by and published in accordance
arrangement made with the Comptroller of the Currency:

Massachusetts

—

ltoxbury

Pennsylvania—
Mount Pleasant

Maryland

REDEEMING AGENT.

NAME OF BANK.

LOCATION.

-

of Central National Bank,
New York, revoked.
Bank Iron City National Bank, Pittsburgh,

National Rockland Approval
Bank.
First National

j

j Pa., approved as additional redeem*.
[ mg agent.
Washington County Approval of First National Bank, New

York, revoked.
National Bank... !
Fourth National Bank of New
North Car dinu— Commercial Nat’nal
approved as redeeming agent.
Bank
Charlotte
Now Orleans Nat’ill Hanover National Bank, New
Louisiana—
approved in olace of Fourth
Bank
New Orleans.,..

Williamsport....

Yo.*k,

Park Bank. New York, ap¬
proved in place of the Third National
Bank, New York.
National Bnk Importers1 and Traders’ Nat’nal Bank,
New York, approved in place of Cen¬

First National Bauk National

Nashville.
Tennessee—
Nashville

Third

In ch ana—

First National

tral National Bank, New York.
Third National Bank, Cincinnati,

Bank

proved
agent.

Evansville
Illinois—
Paris

York,

National

Bank, New York.

Tennessee—

as

Capital stock
Mortgage bonds due 1890

192,834

as an

ap¬

additional redeeming

Edgar Comity Na¬ Merchants’ National Bank of Chicago,

approved as an additional

tional Bank

j agent.
National Bank Chemical

redeeming

National Bank, New York,
approved in place of Fourth National
Bank, New York.
First National Bank Ninth National Bank, New York, Trad¬
ers’ National Bank, Chicago, and

First

$12,304,616 27 Colorado300,000 (X)
Golden
Valley National Bank of St. Louis,
1,215,805
50
approved ns redeeming a^enfe.
873,297 09
300,146 10
New National Banks*
595,138 05
524,046 10
National Banks organized during the past week.
2,758,592 51
721,575 37 2,141—National Bank of Pontiac, Illinois. Authorized capital $50,000; paid in
959.412 47
capital $30,000. James E. "Morrow, President; Ogden P. - Bourland,
3,655,000 00
Cashier. Authorized to commence business, April 6th, 1874.
479,682 11
...
4,951,169 32
370,000 00 Cutest fUouetan) anb dominevcial (Englis!) Neros
13,990 49
1,500,000 00
267,949 76
English Market Reports—Per Cable.
309,944 94
4,584,890 59
The daily closing quotations in the markets of London and Liver¬
$36,687,256 67 pool for the past week have been reported by submarine telegraph

Railroad
New York station and ferry houses
Jersey City station
Port Johnston eoal station
Elizabethport station
Station houses, shops and water stations
Ferry interest and boats

Coal cars
Land accounts

following

National

UtahSalt Lake.

ASSETS.

394,103
1.014,434
2,418,431 2,910.508
671,510
416,839

CHANGES IN THE
The

FISCAL RESULTS.

.

376,748
331,221

,.19,799,043

Total

for Jlcase of Lehigh

$
$
20,060,000 20 000,000 00
6.899,000 9,384.700 00
2,310,000 2,310,000 00

16 4,464

90,500

Stations and

.

’

16,182,150

15,000,000

Railroad

weight of rail 60 pounds to the

1,755,569 63
1201,073 37

868,658 71

1,219,799 66
1,600,000 OO
077,323 41

Close of Each Year.

Financial Condition at

Renewal fund credit

Branch (Somerville to Fleinington)
Lehigh A Susq.—Phillipsburg, N. J., to Union Junction,




98.808

877,133 32
1,50U,060 00
179,228 87

Lehigh, C. A N. Co. loan
HR. Car Trust of Phila
...
Interest & divisions accrued.
Accounts payable

yard.

.

For the years

Funded debt

Hoads Leased— South

Gross

3,706.144 48

$

72*8C “
86*21 “
10*16 “

.-

equivalent single track owned
miles. Gauge 56# feet;

8.881,365 98

4,215,534 20
4,665,781 78

359,101
1871-’72 and’73 this includes rent paid

Cap.tal stock.

74‘00 miles.
6*22 “
17*61 “

N. J

Perth Amboy

Sleel rails 105 1-10

7,120,717 99
4.236,S06 31

Susquenaimah R. R.
t Deficit.

a67 ;
8 wh. cars,

Branches

6,841,379 19

Surplus of the year
A

%

4,393,514
2,512,217
1,200,01)0

Dividends

1873. j

1872.
$

71 2,833.911 63
1,881,297 3,135,234
453,041 78
578,867 52
223.388
876,373 64

Net earnings ...
:
Interest on funded debt.
Other payments obligatory*.

*

MX- Grunu total of all cars. 16,917.
Main Line—Jersey City, N. J., to Phillipsburg,

147,945

Operating expenses

9*285#
5,266,725

4,889,891

1,275,091 82 1,391,209 29 1,409,044 21
81
5,163,519 25 5,612,877 74 7,382,965
89,355 96
116,630 96
102,768 12

1,118.117
3,127,422

earnings

Total gross

175
9*219

*

1871.

1870.

;...

227

llesulls.

Operations and Fiscal
Passenger earnings
Freight earnings
Other earnings

74*00
197*75
271*75

,702,373

2,345,045

Locomotive engine mileage..

expected, with little

202
163
7* 90S

131
1 *686

Freight and const’n train cars

EQUIPMENT.

ROAD AND

97*00
117

Passenger train cars.

that the present year opens

quietly, but a remunerative coal business is
change in passenger and freight business.

74*00
23*00

Miles of road owned
Roads leased or controlled...
Total miles operated
Locomotives

1873.
97*83
193*89
291*72
241
175

1872.

1871.
74*09
197*75
271*75

1870.

-

March, 1874, and states

Equipment.

Hoad and

$13,446,002 19
*
™
Houses, Ac
'
163,300
00
Personal property
1,183,463 ‘.6
Total
$17,666,412 10
The Central Railroad has also leased the canals of the Lehigh
Coal & Navigation Company, paying $200,000 per annum for the
Lehigh Canal, and assuming the lease of the Delaware Division
Canal, amounting to $188,701 per annum. The President’s report

Real estate
Coal improvements

YEARS.

STATEMENT FOR FOUR

COMPARATIVE

market 2,613,000 tons, of which
went
1,640,000 tons
to tide water. The estimated production lor
1874 is 3,000,000 tons, of which 1,700,000 are expected to go to
tide.
The cost of this property is given as follows :
mines sent to

Ia 1873 these

is dated

[April ll, 1874.

CHRONICLE

THE

..

$20,000,000 00
5,000,000 00

3,612,700 00
174,000 00
600,000 00
2,310.000
03
391,103 29
'800,000 00
214,434 21
2,910,508 72
671,510 45

$36,687,256 67

shown in the following summary:

securities close—
and G7’s lower, and new fives £ higher than a week ago.
bullion in the Bauk has decreased £43G,000 daring the weekt
Fri.*
Thur.
Wed.
Tues.
Mon.
Sat.

London Money and

Go’s
The

Stock Market.—American

*

Consols for money

.

92
92

92
92#
U. S. 6s (5-20s,)1865,old..-109#
109#
“
“
109
1867
109
.104
U. S. 10-40s
104
.104#
New 5s
104
“

account

>>

.

2
3
w
t

•

92#
92#
109#
108#

92

92#
109#
108#

92

92#
109.#
108#

92#

92#

109#
108#

104

104

104

104

104#

104#

104#

104#

quotations for United States 6s (1862) at Frankfort were:

Tba

IT. S. 6s(5-20s) 1862

....

98#

98#

....

98#

98#

93#

April 2—Str. Pommerania
April 3—Str. City of Merida

Havre..*.
Havana.

April 4—Str. Atlas

Savanilla

Liverpool Cotton Market.—See special report of cotton.
Liverpool Breadstufis Market.—Breadstuffs close firm at higher

d.

e.

Plour (Western)
$ bbl 27
Wheat (Red W’n. epr)..W ctl 11
“

(Red Winter)
“
(Cal. White club) “
Corn (West. m’d) $ quarter
Pea*(Canadian)...$ auarter
“

Wed.

Tues.
s.
d.

sat.

6
o

^

12 0
12 4
38 0
43 0

6
2
4
8
6
6

27
11
12
12
38
42

cS

T3

o

®

:

8.

d.

27
11
12

6
2

Thur.
27
11
12
12
38
42

4
8

12
38
42

6

6

27
11
12
12
38
43

1,984

Gold

394
$29,753

'

1,062,688

Total since Jan. 1, 1874

Fri.

6
2
4
8
6
6

Gold

Previously reported..

8? d.

d.

8.

21,423
1,241

Gold..
Silver

Total for the week

prices.

Same time in1873
1872
1871
1870

6
3
4

8
6

.$1,092,591

....

.

$1,034,563
575,625
2,833,977

Same time in—
1869
1868
1867

-

$4,766,948
2,640,021
439,800

6,035,703

National Treasury.—The

following forms present a sum¬
of certain weekly transactions at the National Treasury.
1.—Securities held by the U. 8. Treasurer in trust for Nati mal

6

mary

Liverpool Provisions Market.—Beef, bacon and lard close at
better

367

THE chronicle.

April 11,1874 J

prices.

Banks and balance in the Treasury :

Beef (mess) new $ tee
Pork (mess) new $bb!...
Bacon (long cl. mid.)$ cwt
Lard (American)
“
CUeese(Amer’n fine)
“

Sat.
8.
d.
86 0
62 6
41
43
74

...

Tues.
s.
d.
86 0
62 6

Mon.
>*

0
3
0

41
44
74

K

0
0
0

Fri.
8.
d.
87 0

Thur.

Wed.
d.
86 6
62 6
41 3
44 0
74 0
8.

d.

8.

86
62

6
6
6
9

41
44
74

62
41
45
74

0
-V

•

Week
Jan. 17
Jan. 24..
Jan. 31..
Feb. 7..
Feb. 14..
Feb. 21..
Feb. 28..
March7..
March 14
March 21

6
16

fine.

11

(spirits;.
38
40
33

Tnea.

Mon.
•

6
0

s.

;

6

>>

16
1

cj

0

'O

8#

'o
H

0
0
0

d.
6
00

Wed.
8. d.
6

16
1

9#
33
40

33

d.
6

8.

6
13
1

6
0
0

0
0

0

Fri.
d.
6
13 0
11
e.

6

37
40
32

0

0
0

London Produce and Oil Markets.—These prices

9
0

6

37
40
32

9
0

tributed

6

remain

8ugar(No. 12 D’ch std)
on spot, $ cwt
Sperm oil
$ tonlOO
Whale oil
33

6
0
0

Liuseedoil..

0

..

un¬

;
;
Cj

Thur.
£ s.d.
11 15 0
62 3

Fri.
£ s. d.
11 15 0
62 3

r3

26
0
0
28 6

“

Wed.
£ s. d.
11 15 0
62 3

Tues.
£ s. d.
11 15 0
62 3

Mon.

26
100 0
33 0
28 6

a

26 G

6

0 100
0 33
0 28

0 0
0 0
6 0

26
26 6
100 0 0 100 0
33 0 0 S3 0
28 6 0 23 6

408,771,100
408.814,500
409.156.400
408.950.400

85,867,361
85,949,553

3,705,405 45,661,800
2,261,022 45,406,300

84,5C 5^085

4,976,886 44,852,400
4,124,197 44.830.700
2,868,609 43,634,060

80,689,404
86,580,377

408.824.400
408,781,150
408.901.400

84,246,933
86,240,743
87,817,545

409,018,400

409.150.400
409,281,900

87,360,169

6
0
0
0

3,234,362 40‘569,200
3,002,629 40,627,800
2,730,408 40.705.700
4,086,124 37,176,100

fractional currency

Treasurer, and dis¬
weekly; also the amount of legal tenders distributed:
Leg. Ten.

Notes in r-Fractlonal Currency.—,
Circulation
Received. Distributed.

2 Week
ending

changed;
Sat.
£ p. d.
Lins’dc’kefobl).^ tn 11 15 0
Linseed (Calcutta)....
62 3

Total.

408,8(6,000

2.—National bank currency in circulation;
received from the Currency Bureau by U. S.

8#

9#

9#
33
40
S3

0

0
0

Thur.

392.515.900
392.410.900
392,494,300
392,645,200
392.740,200

16,360,100
16.360.200
16.320.200
16 511,200
16.210.200
392,604,200 16,220,200
392,515,950 16,265,300
392,656,200 16,245,200
392,773,200 16.245.200
392,880,200 16.270.200
April 4.. 392,916,700 16.365.200

^

Coin cer¬
tificates,
-Bal. in Treasury.Coin.
Currency. outst’d’tr.

For U. S.

Circulation. Deposits.

ending

6
9
6

Liverpool Produce Market.—Fine rosin, tallow and spirits tur'
pentine are each lower than at the close last week.
Sat.
8. d.

For

Jan. 17
Jan. 24
Jan. 31
Feb. 7
Feb. 14
Feb. 21
Feb. 28
March 7
March 14
March 21

647,200
798,500
998,800
889,600

848,637,504
3-48,648,605
348,586,000
348,695,954

348,334.389

349,071,057

April 4

860 000

770,000
1,105,609
1,055,000
1,054.200
1,196,300
326,900

Catawissa Railroad.—The annual report

1,688,500
979.800
1,028,200
1,021,000
1,292,000

686,400
859,600

410,000
485,200
644,000
462,800

82,600

1,298,060
1,384,0 00

891,400

438,700
634.300
566,200

980.800

914,000

958,200

shows the following

capital and bond account remain the same as at last report.
The earnings of the road, as reported by the lesseee, were for the
twelvemonths ending December 31, 1873
$713,011 88
Receipts for year ending December 31, 1872
677,526 06
The

COMMERCIAL AND MISCELLANEOUS NEWS.
Imports and Exports for the Week.—The imports this
show a ^decrease in both dry goods and general mer¬
chandise. The total imports amount tol $9,851,827 this week

Increase

week

against $12,431,936 last week, and $7,517,103 the previous week.
The exports are $4,742,05G this week, against $6,047,968 last

week, and $5,413,034 the previous week. The exports of cotton
the past week were 7,834 bales, against 10,215 baleB last week.
The following are the imports at New York for week ending
(for dry goods) April 2, and for the week ending (for general

merchandise) April 3:
FOREIGN IMPORTS AT NEW YORK FOR THE WEEK.

1872.

1873

1874.

$4,274,151
4,209,258

$5,429,901
7,215,951

$2,104,060
5,475,q13

$1,842,032
8,009,795

$8,543,409
97.129,415

$12,645,a52

$7,576,073

$9 851,827

107,203,059

119,619,444

100,544,587

$105,672,824

$119,848,911

1871

Dry goods
General merchandise...
Total for the week..

Previously reported....
Since Jan. 1

In

$127,195,517 $110,396,414

report of the dry goods trade will be found the imports of
dry goods for one week later.
The following is a statement of the exports (exclusive of specie)
from the port of New York to foreign ports, for the week ending
our

April 7

:
EXPORTS FROM NEW YORK FOR THE WEEK

or

the week

$3,867,399

Fieviously reported......
Since Jan. 1

The

1873.

1874.

$5,010,615

$4,742,056
68,962,950

1872.

1871.

F

$4,369,131
56,611,421

65,480,932

$60,980,552

...,$69,348,331

64,887,898

$69,398,543

$73,705,006

following will show the exports of specie from the port of
and since the

New York for the week ending April 4, 1874,
beginning of the year, with a comparison for the
da'te in previous years :
March 31—Str. Morro Castle

corresponding
2,700

Spanish gold

1,344

Mexican doubloons..
American
20-dollar

1,300

3,600

Silver bars

15,000

Amer. double eagles.
American gold coin..

....Havana

10,050

$918,092

Previously reported
Total since Jan.

50,000

Silver coin

Total for the week

7,949,078

'

$8,867,170

1, 1874

Same time in—
1873
-1872
1871
1870

135,767

American gold coin.. 10,000
Silver bars
195,668

April 2—Schr. Northern Home.. .Maracaibo
April 4—Str. Celtic
Liverpool
April 4—Str. City of Brussels....Liverpool
April 4—Str. Cuba..v,

45,494

?leces

ver bars
Silver bullion

“

‘

I

$15,598,504
6,139.055
14,978,464

Same time in—

1869
1868
1867

The imports of specie at
been as follows:

this port during the past week

April 2—Str. Acapulco

Aspinwali .....Silver,...




have

r

Gold....

Total

$167,480 89

.

Payments during the year by dividends of May and November, 1873
By State tax on gross receipts for four months of 1872,
By sundry bills paid in settlement of outstanding accounts
By penalties demanded and paid United States in consequence of
the Supreme Court of United States reversing its previous
decision

Balance on hand December

$2,881
1,880

$154,000 00
1,839 90
3,852 82
2,054 81
$161,747 53

*

$5,733 36

31, 1873

Philadelphia & Erie Railroad.— In 1881 an act was
passed, under which tlie title of the company was changed
to that of the Philadelphia & Erie Railroad Company; and in
November, 1861, the road, finished and unfinished, was leased to
the Pennsylvania Railroad Company for the term of 999 years,
for 30 per cent of tlie gross earnings, the lessees to complete the
road and take the stock and bonds of the lessor in payment for
their outlay.
This lease became operative in February, 1862.
Under these auspices the whole line from Sunbury to Erie was
satisfactorily completed and opened for traffic in October, 1864.
The road lias not been as successful as was anticipated, but of
late- years its traffic has been rapidly developed, and it is now
hoped that in a few more years the earnings will be sufficient
to pay dividends to the stockholders.
ACCOUNT WITH

$9,352,612

16,005,451
7,014,259
5,575,146

6,659.814|1866

cent of receipts
$213,903 54
By the report of the Philadelphia & Reading Railroad Company,
they have expended on roadway, in relaying new iron rail (68
pounds weight) on 50 miles of the road, to fit it for an increase of
trade, $142,777 86—relaying 5,055 7-20 tons of iron. The amount
expended as per their report during the year on roadway, in addi¬
tion to new iron, was $207,906 40. With the developments taking
place on the main line of their road, and other enterprises in pros¬
pect, we feel that the lessees are placing the road in a position to
largely increase its business, and thus make the road remunerative
to themselves as well as to us.
Franklin B. Gowen, Esq., Presi¬
dent, in his annual report, thus speaks of the road: “ It will prob
ably require an additional expenditure of $ 100,000 to place the entire
line of the Catawissa Railroad in* as good condition as that of the
other lines of the company ; after which it is believed that the re¬
ceipts upon the leased lines will be sufficient to cover rent and all
expenses, apart from the benefit derived by the company from
securing perpetually the traffic of the branch of its main line.”
The Treasurer’s report for the year is as follows:
Jan. 1, 1873, To balance on hand
$6,901 87
May 1, 1873, To Philadelphia & Reading Railroad Company
77,000 00
Nov. 1, 1873, To Philadelphia & Reading Railroad Company
77,000 00
Nov. 1, 1873, To amount leceived from sundry accounts in settle¬
ment during the year
6,579 02

30 per

Total

Silver bars
183,417
Spanish doubloons..
3,000
American gold coin..
33,338

April 1—Str. Java
Liverpool
April 2—Str. City of New York..Havana.

$35,485 82

•

$227,418

American gold

Havana

-

PENNSYLVANIA RAILROAD COMPANY.

Construction, $1,770,617, State taxes and maintenance of
tion, $49,667; interest on bonds, $1,130,351; interest on

$35,979; and cash, $190.

organiza¬
advances,

Total...;
from Oil Creek & Allegheny River
and six per cent gold bonds,

Nett earnings, $428,756; interest
Railroad Company, $123,000;

$1,232,820.

Total.

Balance to credit of

Pennsylvania Railroad Company,

$2,980,804
•

1,784,576
$1,202,228

THE

368

$6,048,700
2.400,000

Capital stock (in $50 shares) common
Capital stock (in $50 shares) preferred

16,252,000
133,481

Funded debt
Interest account

direct attention to it is so far favorable, and investors will
1,202,228 agents
428,756 be able to form an opinion on the subject after having their atten¬
tion thus specially directed to the point above noticed.
$26,465,165

Pennsylvania Railroad Company
Nett earnings
•

Total liabilities

Cost of railroad to date
Second track, $854,428, and

Williamsport & Wiuden

sidings, &c., $160,076
line, $20,547, and Erie

piers,

$1,014,504

RR. stock, 41,000 shares
RR. bonds, 102 pieces

Lewisburg Centre & Spruce Creek

RR. stock & bonds...

44,171— 2,702,526
$2,050,000
102.000

87,800
18,865— 2,258.665

.miles.

Equipment.

interest of the bonds.

$26,465,165

;

a

$24,206,500

BANKING AND FINANCIAL.

FOR FIVE YEARS.

COMPARATIVE STATEMENT

.miles.

banking and brokerage business in gold, stocks and bonds.
—Mr Daniel A. Moran, No. 40 Wall street, offers “Jersey City
7 per cent bonds,” interest payable semi-annually in January and
July. These bonds are issued under an act which states that all
real and personal estate of the corporation and all within the city
limits shall be held liable for the payment of tbe principal and

41 977
1,419,531

Total liabilities and assets

Second & side tracks.

1 Nassau

89,646

Telegraph stock, $2,000, and cash items, $16,865

Road and

—We notice the formation of a new firm in the banking line—
Messrs. Bingham & Jackson, at No. 20 Wall and
streets.
Mr. Jackson is a member of the New York Stock Exchange, and
has been connected for many years with the well known firm of
Messrs. Kountze Brothers. The new firm propose to do a general

$21,503,974

92,697

$72,150
Depots and stations, $35,031, and engineering and bridges,
$54,615.State taxes from July, 1872, to July, 1873
Discount, $289,180, and interest on bonds, $1,130,351...
Maintaining organization, $8,192, and interest on ad¬
vances, $35,979
..
Cost of railroad. &c., to date
Oil Creek & Allegheny River
Oil Creek & Allegheny River

the bondhol ders, and so clear and direct is its terms as to be free
from those ambiguities and defects which are noticed in many
railroad mortgages.
We have not had the time to make a careful
examination of the whole deed, but the fact that the financial

OF YEAR.

FINANCIAL CONDITION AT CLOSE

Equipment.

COTTON

1969.
287 6
86 6

1870.
287 0
95-8

1871.
287-6
104'6

1871.
287-6
3143

1873.
287 6
148-2

374 2

383-4

392 2

4019

435'8

none.

none.

none.

none.

none.

1869.

502,224
502,224

1,771,632

Freight train mileage

Passengers—through... ,
Passengers—local
Freight (tons) -through.,
Freight (tons)—local

25,980
625,058
625,058

1872.

663,512
2,248,809
3,814
8135,979

1,091,244 1,867,260
3,308
4,042
681,576
658,113

RAILROAD BONDS.—Whether you wish to
1973.

2,243,812
3,787
773,486

UNION PACIFIC

3,842,068

3,288,016

5,413.311

798,561
692,737
984,496
566,326
Financial Condition at Close of Each Year.

428,756

460,681

1,567,887

2,368,299

1869.

$
6.004,300

Common stock
Preferred stock

mortgage (S. & E.) bonds 1,000.000
mortgage (P. & E.) bonds 5,000,(MM)
2d mortgage (P. <fe E.) bonds. 3,000,000
Consol, g’ld bonds,g’ranteed 3,598,000

1st
-1st

Floating debt

.

440.974

..

Total liabilities

3,144,041
2,577,728

607,879

3,542,263
2,743,702

$
647,274

--

1870.

1871.

1872.

1873.

%

*.
6,048,700

%
6.048.700

%
6,048.700
2,400,000
1,000,000

6.004,300
2.4(M),(M)0
1.060.(MM)

5,000.000
3,000,000
3,599, <XX)
609,564

2,400,000
1,000,000
5,(MM),0(H)
3.000,(MM)
5.000,i 00
149,362

2.400,000

1,000,000
5,000,000
3,000,000
5,730,(MM)
573,966

5'000,000

13.000,000
7,252,000
1,764,465

19,443,274 21,611,864 22,598,062 23,751,666 26,465,165
19,391 972 20,799,470 21,139,470 21,139,470 24,206,590
51,302

Assets and cush.

812,394

1,458,592

or

SELL

659,322

3,980,753

302,340

1,526,151
%

202,440
1,411,847
$
$
606,4138
672,964
672,964
2,507,083
2,507,083 2,45'',154
78,452
82,658
82,658

BUY

HASSLER & CO., No. 7 Wnll ntreet, N. Y.

write to

2,800,358 3,171,540
757,930
134,026

177,157

1,124,884
1,124,884

3,262,705

earnings.

1871.

562,946

56 Broad st

R. M. WATERS & CO.

469,713
1,694,5133
$
632,620
3,0413,806
16.3,641

Passenger earnings
Freight earnings
Express, mail, &c

Nett

1870.

537,439

CONTRACTS

Bought and sold for a Commission.
Advances made on Consignments,

Operations and Fiscal Results.
Passenger train mileage

[April 11,1874.

CHRONICLE.

2,612,196' 2,258,665

19,443,274 21,611,864 22.598,062 213,751,666 26,465,165
—The Galleon Treasury Company, incorporated under the laws
of the State of New York, advertises its prospectus in another
:column of the Chronicle.
This company is certainly calculated
to draw the interest ot the public towards its undertaking more

RAILROAD COMPANY.

The undersigned are prepared to receive the Income
the Union Pacific Railroad Company in exchange for

Bonds of

the New
Sinking Fund Mortgage Bonds, giving $6,000 of the new issue
for $5,000 of the old.
The new bonds bear'interest at eight per
cent currency, or seven per cent sterling, at the option of the
holder, and are secured by a mortgage of the road, its equipment
and franchise, subject to tbe first mortgage and the Government
lien; also by a second mortgage upon the land, and by the opera¬
tion of the Sinking Fund.
The indenture of mortgage provides that one per cent of the
Sinking Fund Bonds issued and outstanding shall annually be
drawn by lot and redeemed at par.
,
In order that the proposed exchange of bonds may be effected
promptly, and upon the fairest possible terms to the Income
Bond holder, the Directors have also’ determined to make a cash
adjustment of the first payment of interest, so that the bond¬
holder shall receive for the first maturing coupon upon the new
bonds (due September 1 next) precisely the same interest that he
would be entitled to receive on - the corresponding coupon of the
Income Bonds.
This proposition may be more intelligible if
stated

as

follows:

Five Income Bonds will draw as interest on the 1st of September
?
Six Sinking Fund Bonds will draw as interest on the 1st of September...

Cash difference to be

$250

270
$10

paid at date of exchange..

Certificates for fractions will be issued, redeemable in Sinking
Fund Bonds (with. September coupon on), when presented in

multiples ot five. Tbe holder of one Income Bond will receive
recently been started in this city; one Sinking Fund Bond, scrip for one-fiftli of another Sinking
invest in it or nof, they will find Fund Bond, and $2 in currency at time of exchange. From
pamphlet of the highest interest this statement owners of any number more or less than five can
chapter of what may be termed readily calculate what they will receive by the exchange.
The Directors consider the new Sinking Fund Bond so desirable
and management of the enterprise
is to be in the hands of Colonel John E. Gowen, who has obtained in point of security, rate of interest, and possibility of early
celebrity as an engineer in sub-marine operations by his remark¬ redemption at par through purchases for the Sinking Fund, that
able success in raising the Russian war lleet of seventy ships they have already exchanged the large amount of Incomes which,
sunk in the harbor of Sebastopol during the Crimean war.
The they personally owned on these terms.
These exchanges, in conjunction with those of other large
main points stated by the Galleon Company may be crystallized

enterprise which has
and whether parties decide to
the company’s prospectus and
for perusal, as containing a
romantic history.
The control

than any

as

follows:
1. Twenty-three

Spanish galleons, containing according to the
about $50.000 000 in silver and gold,

best approximate estimate
took refuge in the harbor

of Vigo September 22, 1702 ; 2. About

$7,000,000 only of this treasure was landed ; 3. The Anglo-Dutch
fleet made an attack October 22, 1702, and captured and carried
off six of the galleons, containing about $0,000,000 ; 4. The rest
of the galleons, with about $37,000,000 in treasure, were burned
and sunk in the harbor, where they still remain, and only an
insignifica it amount of the treasure has been taken up, which
was
recovered by a French company in 1870, whose further
operations failed through defective management and by reason
ot the breaking out of the Franco-Prussian war; 5. The conces¬

holders, amount to nearly three millions.
These tenns will remain open for acceptance
ordered

by the company.

four veare

have been

until otherwise
The earnings of the road for the past

:

1870.

1871.

Earnings
Expenses

$7,625,277 11
4,677,414 84

$7,521,682 18
3.600,566 86

Net

$2,947,862 27

$3,921,115 30

61 34-100

47 87-100

$8,892,605 53
4,800,573 48

$10,266,103 66
4,974.861 02

$,4092,032 05

$5,291,242 64

Percentage of expenses to earnings.

1872.

Earnings
Expenses
Net

1873.

48 46-100
ANNUAL INTEREST ON PRESENT BONDED DEBT.
company,with full control of operations, is purchased
First
Bonds
$1,634,220 gold.
by Colonel Gowen with 4,500 shares of the present company ; 6. Land Mortgage
Grant Bonds
599,620 currency.
3,000 other shares of $100 will be issued, and on these only 75 per Income Bonds
1,000,000 currency.
cent now called in, which it is believed may be suljicient for all
The e irnings of Omaha Bridge and interest on Omaha Bridge
expenses of raising the treasure ; 7. Colonel Gowen has already Bonds are not included in this statement.
been to Vigo (in 1809), located nine of the sunken galleons, and
Very satisfactory progress is being made toward tbe extinction
made a full report theieon, which is furnished at the office.
of the Land Grant Bonds.
The revenues of the Land Department
has
C( lonel Gowen
full confidence that he can raise the gal¬
in ,1873 were sufficient to redeem 1,255 bonds at their present
leons or recover the treasure ; and romantic as the project may
market value.
The number of these Bonds outstanding o» the
appear at first sight, the statements and documents have an
1st of March was 8,556. On the 28th of February the Land
appearance of candor and frankness which impresses one quite
Department held settlers’ interest bearing notes ‘o the amount of
favorably in regard to the feasibility ot the enterprise.
$2,135,047 06. Cash assets in hands of Trustees on same date,
—Messrs. Smith & Hannaman of Indianapolis are still offering $192,628 73.
some ot the 10 per cent temporary loan bonds of the Cincinnati
Copies of circulars relative to terms of Exchange of Bonds can
Rockford & Southwestern Railway exchangeable into long mort¬ be had on application.
MORTON, BLISS & CO.,
gage bonds if called in by the company before maturity.
Financial Agents, Union Pacific Railroad Company.
They desire to call special attention to the trust deed securing
New York, April 4, 1874.
these bonds, which is claimed to be exceptionably favorable for
sion to that




Percentage of expenses to earnings

.......

53 98-100

CHRONICLE.

THE

April 11, 187 4]

BANKING HOUSE OF FISK & HATCH,

The

No. 5 Nassau Street.

and

and Bell Government Bonds and Gold at cur¬
rent market rates ; buy Gold Coupons ; buy and sell Stocks and
Bonds at the Stock Exchange on Commission for cash: receive
Deposits, and allow interest at the rate of four per cent; make
Collections, and transact a general Banking and Financial
We buy

We also deal in the Central Pacific and

Western Pacific

for

Gold Bonds, which, at present prices, are veiy desirable

comparison with 1873 and 1872
1871.

*

March‘28.

selling the Central Pacific Gold Six Per Cent
Land Bonds at 85 and accrued interest, secured by first mortgage
on nearly 12,000,000 acres of the company’s lands in California,
Nevada, and Utah.
also

FISK & HATCH.

Differences.

April 5.
April 6.
Loans ana dis. $2'6.177.500 $291,113,700 Inc $4,933,200 $273,534 000 $278,483,400
2),439,300
21015.000 Dec. 1,3*3.700
Specie
15,604,400
lo.764.100
.

Circulation....

26,726.4<>0

26,804 600 Inc..

78 200

deposits..

239,730,900

257.491.400 Dec.

Legal tenders.

60,585.100

56.983.iOO Dec.

2,239,500
3,002,000

Net

stocks costing $50 for 50 shares, $100 for 100 shares (30
days), at the following rates from the present market price of stocks:
April 10, 1874.

puts.

CAI.LS.

PUT8.

Be;ow

Above

Below
S'-. Paul common
1
Ohio and Mississippi.... 1
Union Pacific
#

Hailem
Rock Island
Central and Hudson....
Lake Shore
West. Union Telegraph.
New Jersey Central....
Wabash
Northwest
.

3
I
1
1

3%

2%
1%
2

S
2

1
1

1
1

3
3

•

CALLS.

Above
3

1%
2%
2

1

C., C. & I. C
Pacific Mail
Hannibal* St.
Erie
Gold

2

3

Joseph. 1

2

2

3

%

%

Thirty-two page explanatory pamphlet mailed on application.

as a rumor here that Bismarck
of the U. S. bonds purchased last year for the

had ordered the sale
German government.
The demand from home purchasers at the leading banking
houses is pretty steady, and among these buyers the savinga
banks, trust companies, and other financial corporations figure
as the principal parties.
Closing prices daily have been as follows:
Int.

L. W. HAMILTON .& CO., Stock Brokers,
have jnst published a very interesting book,

48 Broad street, New York,

entitled “How Fortunes

Made in Wall Street,” which they will miil free to any
Interested in stock speculations should call or send for a copy.

address.

April April April April April Apri

period.

4

6.

5s, funded, 1881, ..coup....Quarterly. *115#
6s, 1881
reg..Jan. & July. 119#
68,1881
coup..Jan. & July. 121%
6s, 5 20’s, 1862
coup..May & Nov. *117%
6s, 5-20’s, 1864
coup..May & Nov. *119#
6s, 5-20’s, 1865
coup..May & Nov. *120%
6s, 5-20’s,1865 new,coup.. Jau. & July. 119#
6s, 5-20’s, 1867.... coup..Jan. & July. 120
6s, 5-20’s, 1868
coup..Jan. & July. 119#
reg.. Mar. & Sept. 115
5s, 10 40'8
5s, 10-40’s
coup..Mar. & Sept. 115#

reg..Jan. & July.

6s Currency
*

are

This is the price

bid,

no

sale

117

bankers’

of bonds

5s,
6s,
6s,
6s,

6s,

The following Dividends have been declared during the past week :
When
P’able.

6s,

Books Closed.

Railroads.
5
5

Baltimore & Ohio
“

Wash. Branch
Insurance.

May 1 April 18 to May 1
April 17

120% *120% 120# 120#
119% 119% 119
119
120
120% 120% 120%
*1.’9# 120 *119# *119# *119%
114# *114# 114# *115# *114%
*115 *114# 115 *115% *114#
*117 *117
117% 117
*117
120%

119%
120

made at the Board.

was

in prices since Jan. 1 and the amount of each class
outstanding April 1, 1874, were as follows:

,—Amount April 1.—v
Range since Jan. 1.—
Registered.
Highest
Coupon.
115# Apr. 10 $176,349,150 $138,067,000
funded 1881....coup.. Ill Jan.
10
120# Feb.
1881
reg.. 115# Jan.
193,167,550
121% Apr. 4
89,568’,800
1881
coup.. 117
Jan.
24
16,479,100 152,114,050
118# Feb.
coup
112# Jan.
5-20’s, 1862
19
33,048,500
25.944.300
120% Feb.
5-20’s, 1864
coup.. 114
Jan.
121# Feb. 20
83,.-89.750 118,744,600
coup.. 115
5-20’s, 1865
Jan.
56.680.300 145,952.800
119% Feb. 18
5-20’s, 1865, new coup.. 114% Jan.
87,746,850 222.907 550
120% Feb. 19
5-20’s, 1867
coup.. 114% Jan.
13.862,000
120# Feb. 21
23,612,000
5-20’s, 1868
coup.. 114, Jan.
115% Mch. 27 141,048,200
10-40’8
reg.. 110# Feb.
1 In# Feb. 25
53,519*100
coup.. 112# Mch.
10-40’8
117# Apr. 2
64,623,512
Currency
reg.. 114
Jan.
—

6s,
6s,
6s,
5s,
5s,
6s,

Closing prices of securities in London have been as follows :

April 13

Eagle Fire

Mch.
27.

Friday, April 10, 1874—6 P. M.

Money

Market

attention of business

men

Situation.

The

has this week been concentrated

more

aud

Financial

closely than ever upon the course of affairs at Washington. The
Senate has finally passed a bill, and the House at the moment we
write is engaged in discussing the banking and currency bill,
having refused to lay it on the table by a tie vote, decided by
Speaker Blaine in the negative. The Senate bill reads as follows,
and was pass ed by a vote of 29 to 24 :
the maximum amount of United

States

notes

is hereby fixed at

$400,000,000.

Sec. 2. Tiiat $46,000,000 in notes for circulation in addition to such circula¬
tion now allowed by law shall be issued to National Banking Associations
now

orgmized and which maybe organized hereaf'er, and such increased

circulation shall be distributed among the several states as provided in sec¬
tion 1 of the act entitled “An act to provide for the redemption of the three,
per cent temporary loan certificates, and for an increase of National Bank
Notes,” approved July 12, 1870; and each National Banking Association now
organized, or hereafter to be organized, shall keep and maintain as a part of
its reserve required by law one-fourth part of the coin received by it as inter¬
est on bonds of the United States, deposited as security for circulating notes
on Government deposits: and that hereafter only one-fourth of the reserve
now

prescribed by law for National Banking Associations shall consist of
of its circulating
which balances no

balances due to an association available for the redemption
notes from associations in cities of redemption, and upon
interest shall be paid.
«

be the result of the vote in the House, the busi¬
ness community will at least give devout thanks if it settles the
vexed question which has so long been pending as a hindrance to
commercial and financial transactions.
Our Money market was rather firmer early in the week, but
subsequently became quite easy again, lending at 3@4 per cent
on call, and at 4 per cent on time loans for three months secured
by collateral. To-day there was more firmness, with rates up to
4£ in the morning and as high as 6 in exceptional cases this
afternoon, but closing at 4 per cent. Commercial paper is quiet,
there not being much first-class paper offered, and rates ruling at
5£ to 7 per cent for prime names. Considerable complaint is
made among dry goods men ol the difficulty of collections in the

U. S. 6s, 5-20’8, 1865,0....
U. S. 6s, 5-20’s, 1867
U. S.5s, 10-40’s
New 5s
State

and

2.

April
Highest.

Lowest.

10.

|

Jan.

109% r loo#

107

109
104

| 108#

104%

i

107# Jan. 5
103# Feb. 16
102% Jan. 15

104

104#

Railroad Bonds.—There

2

110
110

Feb. 1«
Feb. 1

105# Jan. 2
104# Mch. 1,

have been

very few
of the Southern State Bonds, and dealings in
Tennessees, which have lately been the most active of that list*
were limited to a few sales at the Board
at prices not much dif¬
ferent from those last quoted.
The news from Virginia is con¬
sidered more favorable by those familiar with her affairs, and it*
is anticipated that a higher tax bill will be passed, and 4 per
cent interest will be paid.
Railroad bonds are fairly dealt in at
the Board, but
transactions generally limited to moderate
amounts.
Union Pacific bonds have been quite active and firmer ;
the new Union"Pacific sinking fund bonds have been placed on
the regular list by the committee of the Stock Exchange.
The first mortgage Sinking Fend Gold Bonds and t^e stock of
the Mobile and Ohio Railroad have been placed on the free list*
Closing prices daily,and the range since Jan. 1, have been:

transactions in any

April April April April April April
6.

7.

*88

8S#

88%

*8^

88

4.

#8Tenn., old
6s Tenn., new

6.
88

9.
*87

87#

*87%
*23
*21

10.

*87#
....

*28

6s N. Car.,old
28%
*21
21
21
2i
68 N. Car., new... *21
*35
*30
6e Virg., old
*32%
*50
•5,1
*50
*50% *50
do
consolld. *50
*10# *10#
do
deferred.
'10% *10%
*7
7'
*7
5s S. 0., J. & J —
*7%
95
94# *4>%
94% *91
6b Missouri
94#
95
95
94%
94# *94#
Cent. Pac.,gold..
94%
87
86 %
66%
86%
86%
86%
Un. Pac., 1st
81
81
31%
do
L’d Gr’t
81%
81%
80#
87
86%
*6%
86#
86#
do
Income.
86%
105
*104% *404% *101
Erie 1st M.7s
*104% *104
*1(5
*105% *105% 106% 106%
N. ,J. Cen. 1st 7s.. *105
*106
*1(6
•106
*106% *106
Ft Wayne 1st 7s.
*105
105
*105%
'105% *105
Roca laid 1st 7s... 1C5
•

•

•

•

....

*

This is the price

Railroad

bid,

no

sale

was

—Sine e Jan. 1.
,
Lowest.
Highest.
79
8 91# Mch 11
Jan.
79
9 9:% Mch. 20
Jan.
28% Mch. 6 29% Jan 24
6 21% Mch. 21
16
Jan.
40
dan.
9 42
Jan. 30
50
Feb. 17 53% Jan. 27
9 11# Feb. 13
11
Jan.
Jan. 12
Apr. 2 11
Mch. 2
90% Jan. 2 96
3 96% Jan. 14
92% Jan
87
2
81% Jail.
Apr. 7
Mch. 31
75% Jan. 3li 85
89
Mch. 27
13# Jan.
5 105
101
Jan.
Apr. 7
3
107
Jan.
6
10*# Feb.
104
Jan. 27 106% Mch. 19
101
Jan. 6,105% Mch. 18

made at the Board.

and miscellaneous Stocks.—The

stock market

irregular, and prices upon the whole show a
compared with last week. There has been no decided
movement in the general list, and the slight falling off seems to
be a heaviness arising from outside circumstances rather than
the result of active bear operations.
The annual reports ol
nearly all the leading railroads which have been lately issued
show a remarkably good exhibit for the year 1373, which
embraced three months of the panic period, and the substantial
has been somewhat

country.

Thursday reportedfa loss of £436.000
during the week in the bullion of the Bank of England, but no
change in the discount rate, which remains at
per cent. The
Bank of France gained 5,737,000 francs in specie.
The last statement of the New York City Clearing House banks
on April 4 showed a further decrease in legal tender reserve, the
excess above the 25 per cent requirement being $14,954,700,
against $19,410,075.




April

109#
10!*%
104#
104%

.

Whatever may

Advices from London

10.

Lowest.

<©a)Ctte.

Per
Cent.

9.

The range

All

DIVIDENDS.

Company.

8.

7.

*115# *115# *115# *115% 115#
M9% *119# 119% *119# *119%
121% 121% 121% 121
121%
*117% 117# *117% 117# 118%
119,# *119% *U9% *119# 119#

,

That

28 014/00
201.065.500
38,695.20 0

quiet, and prices generally steady. There has been no foreign
demand this week, and prices in London to-day were lower, it

Tumbridge & Co., Bankers and Brokers, 39 Wall street, New York, nego¬

The

27,715.810
187.687.(00
34,940,500

Bonds.—The market for Governments has been

tiate Puts or Calls on

“

1872.

1873.

,

April 4.

previous week

:

being stated

investment.
are

following table shows the changes from

United States

business.

We

a

369

on

decline

as

j-easons

for confidence in well-managed railroads in this country

[April 11,1874.

THE CHRONICLE

370

they have ever although business was very quiet. There has been no
and earnings do special feature worthy of attention in the way of railroad loans
abroad, cotton bills, or otherwise, and the market appears to have
not, as a rule, compare favorably with the corresponding months
to its natural course.
Quotations are as follows:
of last year, but the falling off is generally regarded as temporary been left
April 10.
and better receipts are looked for hereafter. The Panama Rail
60 days.
3 days.
4.85 @4.85%
4.88 @4.88%
road Company has elected the following officers for the ensuing London prime bankers’sterling
London good bankers’ do
4.84%®4.85
4.87%@4.88
4.81%@4.84
- .. @. ..
year: President, Russell Sage; Vice-President, George S. Scott; London prime com. ster do..
Paris
at present as
is depressed,

in many respects as strong
been. For the time being trade

are

—

,

Treasurer, J. B. Houston; Secretary, F.
The

...

9

Monday,

Saturday,
April 4.
N.Y.Cen.&H.R. 100% 100^
Harlem
•
129
Erie
89k 40
Lake Shore....
78k 79%
Wabash
44% 45%
Northwest
54
55%
do
pref.
72
72%
Rock Island
106% 106%
St. Paul
43% 41%
do
At.&

nref

Pac.,pref.

Del., L.& West

107% 103

Bost.,H.&E..
Han. & St. Jos.
Union Pacific..

31%
37%
32

Col.Clilc.&l.C.
Panama
.
West, Un. Tel.

Quicksilver....

do
pref.
Pacific Mall....
Adams Exp....
American Ex..
United States..

Wells, Fargo..
•

129

43

*63

31%
38%
32%

79% 79%
23

23

•80

47
*

...

*62%
•69

*75

48%
98%

64%
70%
....

40%
79%
46%
55
72%
107
43%

39%
78%
4r*%
54%
71%
106%

798.13

Centra] ot N.J.

30% 31%
1%
1%
108% 108%

Ohio & Miss...

April 6.
l(Xf% 10)%

65

30%
1%
108%
108%
*31%
37%
32%

30%
1%
108%
108%
32
37%
32%

115
79
*26
*32
46
*97

115

61

62

15%
29%

15%
30%
1%

1%

88

37
32
114

32%
114%
77% 79%

*21

36

*

47%
98%
*62% 63
•68
70%
•77% 80

•

•

•

...

81

35

23
*
...

46%

46% 47%
98

93

*62% 64
•69% 70%
*77
79%

Col., Chic. & I. C

no

Panama
Western

Union Tel.... 71%

Quicksilver

28
33

..

do
pref
Pacific Mail
Adams Express
American Express

•37

_

Custom
House

100% 101%
41% 42
61 '

61

“

“

36% 37%

*xl09 110%

114

47%

•28
•23
47
*97%

‘23

....

*62% 64
*70
71

*62% 64
*69%
...
*77%

79

*77

....

79

Mch. 11
Feb. lb
Jan. 15
Jan. 16
Jan. 16
9
Jan.
Feb. 9
Feb. 9
Jan. 10
9
Feb.
Feb. 16
Jan. 10
8
Jan,
Feb. 10
112% Feb. 10
34% Jan. 12
38% Mch. 30
32% Mch. 30
9
Jan.
118
82% Mch. 25
35% Feb. 5
40% Feb. 9
49% Mch. 27
99% Mch. 19
65
Feb. 9
Feb. !)
73
Feb. 11
78

n

4

follows :

Jan.
2
2
Jan.
2
Jan.
2
Jan.
Jan.
6
Mch. 7
Jan. 19
Jan.
5

38% Jan. 2
92% Jan. 13

58% Jan. 2
United States Express. 68% Jan. 21
69% Jan. 5
Wells, Fargo & Co

Highest.

Sept. l9

Nov.

8

91

Nov. 15
21% Oct. 14
10
1

79%
15

14%
16%
77%
43%
18
25
25
76
41

44%
56

38%
49%
10%
106%

2}

2}
Jan. 24
Jan. 29
Feb. 4
June 3

Nov. 12
Nov. 10
June ?
Nov. 1 106
Nov. 7 52% Feb.
Nov. 1 39% Jan.
7
Nov. 5 43% Feb. 11
Nov.
Jan.
1
6 130
Nov.
1
94% Feb. 6
Sept. 30 46% Jan. 6
FOb. 2
Nov. 6 57
Oct. 15 76% Feb.
1
Nov. 3 100%-Jan. 27
Nov. 1 70% Jan.
9
Jan. *8
Oct. 15 82
Jan. 26
86
Sept. 3

I

quote stock privileges, $100 for 100 shares, 30 days; $150 to $200, 60 days (on
Members New York stock Exchange or responsible parties), at the following dis¬
tance from the market.
Calls
Puts
Puts
Calls
j
above.
below.
above. I
April 10, 1874.
below.
2 s @4
Iiock Island
1 %<&'2%
Gold for % bonus..
%@1
%
2 @3%
I % (4)2
W. Union Tel
2%fn»3% MU. & St. Paul.
1%@2
2
2
Wabash
<S)3%
1%<5)2
Pacific Mall
@4
1%@2
%©'■%
N. Y. C. & Ilud...
1%&2% Ohio & Mississippi. \©l%
fc@l%
6
1%©8
«n8
Union Pacific
£@1%
3 @5
Harlem
2 <3)3% j Han. & St. Joseph. 1 @2%
2%@3%
Erie
2 @3%
2% @3%
Lake Shore
l%ca)2
1%©2% C., C. & I. C
1 @2
2 (3)3% |
Northwestern
1 %<&'2%
..

quite steady during the
fluctuation in response to the pending discus¬

in«rket.—Gold lias been

week and shows

no

Congress upon the currency question. The inclination to
engage ih speculative movements is naturally checked by tlie
uncertainty which must necessarily hang over the market so
long as the future volume of the currency remains an unknown
The price closed to-day at 113£, against 113& on
quantity.
Thursday, April 2. On gold loans the rates were 2(5)4 per cent
for carrying. At the Treasury sale of $1,000,000 on Thursday,
the total bids amounted to $0,345,000, and the awards were at
413*52 to 113*53|.
Customs receipts of the week have been
$2,465,000.
The following table will show the course of the gold premium
each day of the past week :
sion in

-Quotalions.-Open- Low- High- Clos¬

fir!

ing.

Satnrday, April 4.. .113%
6 ...113%
Monday,
Tuesday,
“
113%
Wednesday, “
113%
Thursday,
“
Friday,
“ 10.... 113%

est.

est.

113% 113%
113% 113%

113% 113%
113% 113%
113% 113%

ing.
113%
113%
113%
113%
113%

113% 113% 113%

Foreign Exchange.—The

Total
Balances.—
Clearings.
Gold. Currency.
$60,231,000 $1,916,985 $2,205,970
31,719,000 1,183,844 1,346,428
26,000,000 1,371,251 1,556,977
45,633,000 2,189,786 2,526,540
27.333,000 1,220,603 1,419,115
26,964,000
823,679
C42.400
,

$217,880,000
270,866,000

$823,679
1,970,171

week began with a close

$942,400
2,243,590

holiday
Monday, and conseqently no despatches
from that market, but rates throughout have been well main¬
tained on a moderate business. Outside bills, or those ranking
lower than prime have been scarce, and the' leading bankers have
pot been anxious to draw, so that prices have beep well kept up,
in London




on

Easter

1,403,043 62

1,036,254 61

726,182 80

Union
America......
Phoenix

City

1,000,000
300,000

....

1,235,000
1,500,000

Merchants’Exch’ ge.
Gallatin, National..

800,000

Butchers’&Drovers’
Mechanics* 1 raders

600.000
200,000
600,000
500.000

Greenwich
Leather Manuf
Seventh Ward
State of N. York..
American Exeh’ge.
Commerce

2,000,000
5,000,000
.....

10,000,000

1,000,000

Broadway

Mercantile
Pacific

1,000,000
422,700

Republic

2,000,000

450,000

Chatham

People’s

412,500

.

1.000,000
1.000,000

North America
Hanover

510,000

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

3,216.000
2,098,200
4,042,300

300,000
400,000

Marine

Importers’* Trad’rs

1,500,000

Park
Much. Bank’gAsBO.
Grocers’
North River
East River

500,000
300.000
400,000
350,(100

500,(X)0
5,000,000
2, (XX),000
300,000
1,500,ICC
50C,C03
1,000,000
500,000
1,000,060
250,000
200,000
2,000,000
1,000,000

American.

DryGoods

676,0(10

2,270,000

27,400

310 99C

92,100

299,600

254,100
170,200

162,900
575,900
796,700
393,(X)0
98,( 00
210,100
460,000
6,581,200
4,000 100

52,300

2.749.600

b 6."00

3,168,6)0
1.606.600

238,000
6.000

2.474.900

277.200

731,800
17.489.200

570,309
1,425.100
99,600
6,000

13

2,000,000

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

13,070,000
1,330,460
2.503.800

1,000,000
2,000,000

Continental
Oriental

1.207.800

760,500

14,400

1 003,500
961.400

1,069,606)
20,727,000

21,500
1,000

1,097,100
33,000

6,487,000
1,746,000
7.404.400
5.343.300
6,288,660
1,353,500
1.567.400
1,166,600
1,219,000
5.237.200
2.283.400

774,400
8 6,360
867,200
15,000

Inc. $4,936 200
1,393,700

Loans

Dec.
Dec

Specie
Legal Tenders

Jan. 17...
Jan. 21...
Jan. 31
Feb. 7....
Feb. 14
Feb. 21...
Feb. 28...
Mch. 7...
Mch. 14
Mch. 21...
Mch. 28...
..

...

..

April 4...

269.496.500
267,'11,100
269.995,300
277.237.100
278,217,000

283.280,600
282.555.700

286,787,200
285.717.100
285,366 2 X)
286.177.500
291.113.700

252,400
195,700

2,700
259,500
171,200
550,100
890,900

3,040,300
878,700
470,900
»

*

*

*

840,10)0

128,900
5,500
291,009

168,200
1,174,000
129,800

3,900
364,000
710,300
782,300
5,00X1
537.30C
4,100
360.0XX)

480,400
915.000

206,S00

615,600
879,200

193,000

596.500

819,600

176,200
3,808,400
1,559,000
455,000
1,407,900
500,600
2,401,909
236,900

-

4,912.000
1,16 *,000
7,170,700

7,503,9( 0

25.000

297,900

1,0 0,600

4,61 l,7i)U
1,779,300

304,900

-

•

*

-

6,200.000
_

-

2,781,500
1,348,000
265,000
594,400
3)7,090
793,500

:e,901,300

910,800
501,500

1267,300
875,61)0
-

225.000

179,2(0

$56,983,100 $237,491,400 $26,804,6(0
previous week are ns
Dec. $2,239,500
Inc.
78 ..200

Net Denosits.
Circulation

series of weeks
past: Aggregate
Circu¬

Legal
Tenders.

Specie.
34,310,000

,r

Deposits'

231,241,100

55,418,500

232,691,800
233.119,800

‘57,383,300
58,877,700
59,052,900

34.739,100
33,342,100
33,210,700
30,667,200
28,363,000
26,488.300
28,074,100
27.914,300

239.958,800
239.670,700
239,767.300
239,861,800
244,199,300
243.238,500

59,872,100
60,150,600
61.915,00)0

61,655,:0C
61,652,600
60,184,4''0
60,585,100
56,983,100

26,696,0'>0
25,489.300
24,014,600

Capital.

Banks.

$150,000
1,500,000
1,500,000
1,000.000

Atlantic
Atlas....
Blackstone....
Boston

600,000

Boylston*

Broadwav

■

Columbian
Continental...

allot..:...: 7.

....

Faneull Hall
Freeman’s.....

...

Everett:......
Hamilton

489,700

3,60-2,000

Banks.—Below|

April 6, 1874:

Globe

446,900

.

240,991,100
289,730,300
237,491,100

lation.

27,093,800
27.024,700
26,898,800
26,903,800
26,895.600
26,771,300
26,775,100
26,907,600

Clearings.

520,048,970
492.701.2S7

422,936,392

26.72o.S00

429.952,335
469.999 819
438,953.334
33!.261,105
475,940.199
421,249,864

26,717,300

410,267,171

26,726,400
26,804,600

431,832,108

444,832,10o

statement of thecBoston
give
Banks,as returned to the Clearing House on Monday,

Boston

National

782,900

1,083,200

'891.1 X’U
915.200

*

Loans.

292,100
139.400
210.900
188,600

291,0X0
262,400

following are the totals for a

The

517,700

19,141.700

310,900

from the returns of

9,70X)
848,400
508,5 60
493,500
1,200

17,966,500

3.500

9,100

tion.

$861,300

8,659,000
1,326.100
2,378,200
2,236,500
1,644,800
2,782.000
1,526,000
1,766,100
1,201,500
2,453,700

164,100

$82,370,200 $291,113,700 $21,045,603

Total

The deviations
follows:

Circula-

Net

Tenders. Deposits.
Specie.
$12,04),200 $1,935,500 $1,658,500 $11,0:0,300
4,507,100
880,500
5)0,300
6.445.800
9.123,300
2,650.400
9,982,100 1,455,800
819,700
4,214,200
35‘2,400
6.304.900
388 000
3.492.300
87),900
4.932.300
7.550,500
1,995,400
9,194,(XX) 1,416,600
556,600
3,687,000
826,400
4.405.700
5,714,400
1,725,000
1,1:4,800
6.332.900
1,959,500
598,500
102,21
>0
3,37 \700
1,501,100
351,300
244,100
1,960,000
6,653,700
1,765,700
375,600
7,852,000
267,100
3,258,800
622,800
3,794, 00
447.300
387,000
2,111.400
3.933.700
1,970,200
488,900
48,8(H)
2.677.800
351,300
1,280,600
17,800
2,030, ’(X)
928,100
129,9(H)
1.0! 4,200
473,500
2,814,'.00
367,300
3,2!9,2t'0
913,200
237,300
60,600
1,235,000
4,112.900
Cl 8.50J
1,181,000
5.154.800
7.921,600
924.800
1,642,500
12,181,200
7,571,500
4,080,‘200
809,000
18,*i80,(00
3,702.200
609,100
636,700
5,7‘.0,400
2 93.*,900
723,400
85,000
8,76<,4'X*
424.400
1,853,700
22,800
2,120,600
3,317,600
373,300
893,100
5,054,300
2,453,000
3 0,400
314,500
2.486.900
239.300
1,249,700
6,600
1,47'),2(X)
2.010,500
165.000
3-3,000
2.495.700
135.300
3,966,000
836,500
4,60:.4(0
2,468,000
119.000
372,000
2,635,010

1,010,(00
400,000
1,000,1*00
1,000,0(0
1,000,000
1,000,000

Metropolitan..

OF-

Legal

Loans and
Discounts.

1,000.000
600,000

-

Current week
113% 113% 113% 113%
Previous week
113% 112% 113% 113%
Jan. 1.1874. to date... 110% 110% 113% 113%

436,549 18

450,772 82

2,050,000.
3,000,000
2,000,000
1,500,000
3,000,000
1,SIX),000

Fulton
Chemical

Lapsley & Bazley, Brokers, 74 Broadway and 9 New street,

Tlte Gold

56.913 00

$8,000,000

Tradesmen’s.

Feb.

1,782 407 95

359,659 55

Capital.

Merchants’...
Mechanics’..

140

80% Oct. 14 117% Mch.
21% Nov. 1 62% Apr.
43% Nov. 7 79% Jan.

85

Balance.

Banks.
New York....
Manhattan Co

5

#2

82
1,923,314 73

AVEBAGE AMOUNT

106,% Feb.
Apr.
35% Nov. 7 69% Feb.
57% Nov. 1 97% Feb.
32% Oct. 15 75% Jan.
Feb.
31% Oct. 14 85
53

388,050 00

721,505 94
762,036 23

48,793 95

75.

410.261 88

Board.

77% Nov.
90

481,958 26
626.639 46

Currency.

$40,024 29 $1,008,526 21

$37,990,076 .02
$37,175.862 82
NewYork City Banks.—The following statement shows
for tho
the condition of the Associated Banks of New York City
week ending at the commencement of business on April 4, 1874:

Balance.

46% 47%
*97% 93%'

48

$364,530 56
477,423 71
358,681 59
1,659,655 98

$832,167 49

$2,465,000
April 3....
$55,213,445 73
April 10...
$55,222,542 24

Total

77% '78%

77% 78%
29
85%

28
36

“

31% 82%

31% 32%
113

8
9
10

“

-Payments.-

Gold. ’

Currency.

Gold.

441,000
538,000
280,000
350,000'
411,000

6
7

“

-Sub-Treasury.-

-Receipts.-

...$445,000

April 4

41%@ 41%
96%@ 96%
72%@ 72%

the Custom House and Sub-

,

Receipts.

15% 15%
29% 29%
1%
*1%

37%

Lowest.

Highest

Apr. 10 105%
7 134%
Jan.
Apr. 10 51%
Mch.
84%
Mch. 31 55%
Northwest
50% Mch. 7 62%
do
69% Mch. 4 78%
pref
Rock Island
100% Jan. 2 10!)%
Mch. 7 49%
St. Paul
61
do
Apr. 9 74%
pref
6 22
Atlantic & Pacific pref. 12% Jan.
Ohio & Mississippi
29% Mch. 4 36
3%
1% Apr. 9
Boston, Hartf. & Erie.
Jan.
3 109%
Central of New Jersey. 98
27%
30%
27%

_

96%@ 96%

41%@
95%@ 95%
71%@ 71%

-

The transactions for the week at
Treasury have been as follows:

-Whole year 1873.-

N.Y. Cen. & Hud. R... 99
rk v—4 CO &
Harlem
35
Erie
Lake Shore
76%
Wabash

99

Frankfort
Bremen
Prussian thalers...,

78
45%
54%
71%

5 14%@5 15
41
41%

„

95%@ 95%

Hamburg

107% 107% 106% 107%
31% 31%
30
31%

31%

from Jan. 1,1873, to this date was as

Del., Lack. & Western.

99%

105% 107% *105% 106

•97
98%
*62% 64%
70
170

•77

70%

..

105%
108

sale was made at the

Lowest.

Hannibal & St. Jo
Union Pacific

70%

■ft.

99

77%
44%
53%
70%

106% xl01% 106%
42%
41% 42%
61
61
61%
15% 15%
15%
29% 30%
30%
1%
1%

36% 37%
32
32%
113% 114
77% 78%

•

35% 36%
77% 78%
45
45%
53% 51%

..

106%
41%
61%
15%
30%
1%
105%
107%

31% 31%

30

: no

108

108

79%

This Is the price bid and asked

The entire range

70% 71%
106% 107
42% 43%

April

>.... 123
85
36%

123 h

54%
71%

51
71

55

April 9.

99% 99%

5 19%@5 20
40%@ 40%

Swiss
Amsterdam

Frida]

Thursday,

Tuesday. Wednesday,
April 8.
April 7.
99% 100%
100% 100%
‘126
*125
129
127%
38
89%
36% 37%
77% 78%
77% 79.%
45% 46
45% 45%
54

Antwerp

follows:

daily highest and lowest prices have been as

5.13%@5.15
5 14%@5 15

5.19%@5.20
5 19%@5 20

(bankers)....

VV. Bellows.

>

200,000

1,000 000
1 000,000
1 000 000
200,000
1,000,000
800.000
1,000,000

750,000

we

Specie. L.T. Notes. Deposits. Clrcnl.
$ 2S.96K)
$565,801)
$140,36)0
$1,100
782.500
9),900
903,100
111,100
789.500
360.200
2.140,900
83,200
382.260
883.900
152,100
2.143.400
29.100
465,9061
859.400
91,000
1.728.400
26,4(.0
174.000
61,000
866,000
15,900
784,160
788,800
295,860
2,409.700
563,7(X)
772.600
92,400
796,700
895.400
33.200
2.617.100
116,10(1
532.200
5i,46'0
664.800
517.100
1,104,9(0
201.600
2,86 ,500
344,6X0
501.200
85.200
1,689.600
350,(-U0
980.900
257,200

Loans.

$1,499,400
2,955,800
8,9:3.900

2.072,56)0

2.192.7(0

1,681,200

S0.300
500
174.700
8.000
*"42 8(10
2,500

24,100

105,700

893,^00

242,400

800,000

800,000

Massachusetts
Maverick

England

North

Old Boston

Shawmut
Shoe * Leather

9.261,800
645.300

2.4X2,000
3.398.600
2.(69.700
2.198.100
2,962.700
3.718.30C

2,000,000
1.500,000

State

Suffolk

Eagle

1,000.000
1,000,000

...

Revere

Union
Webster
Coinmoi wealth
Central
Manufat turers

1,171,900

5,788,900
351,790

49,600
314,200
189,700
265,500

19.000

187,600
S25,!00

49,0(0

141.900

24,500
40,"00
49.50C
10,600
47 '.00

3C6,700

1,324,Toy

239.700
43.200

1.8^8.:- oo

174 3(0
20,000
33.900
15.200

1,006,200

341,800
576.500
97.500

1,148,800

The
*

>'ot received—same as

81.000

(.14.4)0

63.000

f 52,400

2

122,542,390
122,343,000
124,237,100
124,832,400
124,924.900
125,049.400
125.276,800
126,893.100
126,921,6 )0
126,191.900
!27,00.*>, 900
127.6 40.700
127,425,000
126,639,990

10,047.600
10.559,303
10,839.700
10,789.000
10,625,800
10,679,400

2.466,500
8.513,800
4,401,600

4,213,300
4,241,300
3.963.800

10.903.700

3,617,100
8.4-1,600
3.-03.900
3,33), 400
3.162.800
2,775.500
3,123,600

10,651.600
10.9)4.000
16,885,100
19,670,400
10,760,100
1 '.'.31,20:1
10,561,100

25.772.900
2).698.50"
25.641.900
25.589.60C
25,564,700
25.567.S0'
25,525.900
25 491,2: 0
25,148,40)

51,187.400
53,274 500
58.873,'HtO
53,031.500

the average conPliiladelpliia Banks. —The following is
the week ending
dition of the Philadelphia National Banks for
Capital.
*1,500,000

Banks.

Philadelphia...

$5,730,000

$72,000

$1,39 U*00

195,200
3,000
16,ICO

1,491,100
6i‘5,1)00

4.603,000
6,662.600

1,000,000

North America
Farmers and Mech.

2.000,000
810,000
800,000
500,000
250,000
250,000
500,000

Commercial
Mechanics’
Bank N. Liberties.
Southwark
Kensington
Penn
Western

2.460,000
2,07.3,000
2,652.000

Manufacturers’.... 1,000,000
Tradesmen’s
Consolidation

250,000

776.513

1,000,000

3,932.000
1,4. '8.000

200,000
300,000

,

Corn Exchange....
Union....
First
Third
Sixth
Soventn

13.000

862
14.000

5724

1,067,000

8.252, "00
1.132,000
713.163
913,791
625,887
2.440.1 00
l ,348,000
3.910.000
916,313

404.000

207,372

,

455.565

1,671,000
4,195.000
1,083.031

300,000
150,000
250,000
275,000
750,000
1,900,000
250,000

200.315
'

78,000
14.699
4.100
5.000

790,316
987,('OO

13,000
2,0(0

1,8-5,000

346 000

258,000
101,000
MS, "00
253,000

593.000

2,000

533,000
976.000
4,402,000

36,000

224 363
175,00 l
214.315
538.363

do
Elmira &

3

26 M9S

135) (X)
217,561
211,000
600. (XX*

501,000
119,000

875,000

ISO,(TO

Specie.....

$47,411,234 $11,522,121

Dec.
65. 61
Dec. 1,611.505

.

following are the totals
for a series of weeks
past:
Circulation
Deposit
s
Specie. Legal Tender.

The

Loans.

Date.

Jan.
Jau.

56,995,318
57.411.!‘26
57,772,523
57.116,587
57 659.790
57.303,854

12...
Jan. 19
Jan. 26
Feb.2

57.633,773

17.493.0-9

58,037.506
58.533.817
53,870.982
5 U 36,604
59,374,945

17 112.121

17,-.72.230
17.414.138

16,576,610
17.224,136

743,409
664,539
617,500
551,936

60,298,626

April 6

17.427.908

931.011
791.895
736.417
174.170

53.(HR,311
57.021.443
..

45,773,155

1.(02,109

1,124.756

57.170.073

Feb. 9
Feb. 16
Feb. 23
March 2
March 9
March 16
March 21
March 30

247,520

1,169,097

997.073
934,669
1,173, ,96
1.399,219
1.141,002

17,139.983
15,528,478

WASHINGTON, D.
Bid.

1A sk

nonds, 7s, 1371..
Chicago Relief bones, <s, 1877.
Perm. Imp., 6s, g. 1891
J

9J

95

1892..;

74

Wash. Co. n. S.

do
- 7J.
1891
Market Stock bonds, 7s.
Water Stock bonds, 19"1
do
1903
do
Water Stock 6s, 1861
do
1871

....

'

5 year

Cers., 7 3-10, 1875

Ten year Ronds, 6s, 1878
Fund. Loan (Con* ) 6, g, 1892..
do
(Lev), 6s. g, 1902..
Cern. of Stock <1326) 5s, at pleas
do




(1843) 6s

4)

80

do

14.490.5

46,403.280
3,37-7201
47.5)6 336
45.860.9(7
47.761.661
48,618,0!<2
47.831.71-6
47.835.350
47.012 724

ll.454.7g

14,460.7^
11,457.7^
11.450,3
11,143,1^3
11, 6»,4;8

11.4 .'5.900

11,419,596
11,454,802
11,475,394

47.131.169

47.411.795
47,515.9 S5
47.764.121
47,841.126

11,490,142

11,198,2^

11,522,1.81
*4

47,411,281

85
85

Series.

Certificates, Sewer, Es, 1874..
do

78

SO

no

73

do
do
do

...

:

7 4%

1877
1878

94%

Water Certificates,

.

1875....

1370...
1877....
1878....
Scries.

8e, 1917...

17%
6U\
46%
52
53

Nesquehoning Valley

Norristown
Northern Central....
North Pennsylvania.
OH Creex & Allegheny

Penns/iVania

River.

Philadelphia & Erie
Philadelphia & Reading
Phila.,

vvilmlng.* Baltimore

United N. ,T. Companies
Westchester

pref

do

WeBt Jersey
CANAL

STOCKS.

Chesapeake* Delaware
Delaware Division
Lehigh Navigation
do pref
Pennsylvania
Schuylkill Navigation
do
pref
Susquehanna........

Alleghany Valley 7 S-lOs, 1896..
Belvldere Delaware.lst in,5, *77

do
do

2d M.,’85
3d M.,’87

Amboy, 6s, ’75
do
6 a,’88
do
6s,’89
1
do mort. 6s, *89.,..i

do
do
do

consol.,6s,’9*...

do

Cam. &

Atlan. 1st m, 7s. g, 1903
2dm, 7s.’80..
do

78
71
66

84 X
SO
79

73
77 %
80 %

71%
69

64
66

67
67

65

(6%
67%

66%
77

82

99

97%

J. & O..

1

1884
6S.190C
1890 Park 6s
Baltimore & Ohio 6s of *75....

105%

105
101
98

■8*

99%
198*
100%
99*

99
9*W

(0
99
do
do
6s of’89...
97%
do
do
6sol'.85... 97%
88% 89%
Central Ohio, 1st M.,6
io:
100%
Marietta & Cin., 1st M.,7,1891.
92% 92%
do
do
2d M.,7.1896. 78
79
do
do
3dM.,8s....
90
92%
Norfolk Water 8s
98
92
North. Cent. 2d M., 8. F.,6,’85
83
do
do 8dM.,S. F.,6,1900 F7%
97
do
do 3d M. (Y. & C) 6,*77 91
91%
do
do Cons, (gold) 6,1900
’98 b9% 89%
Pitts. & Connellsv., 1st
do
do
1st M., 6,1889 95*
98**
West Md, IstM., endorsed, 6. ’90
85
75
do
1st M., unend.. 6, 90.. 95
98
do
2d M.,endorsed, 6,’90.

52%
51

i;37*

38%

45

45%

14%

Cincinnati 5s
do
6s
7-3Us
do

Co.,Ohio 6p.c. long bds.
do
7 p.c.,1 to5yrs.
lg bds, 7 & i.SOf
do

Ham.
do
do

10
43
45

5
42

40

CINCINNATI.

47

172%

172

preferred

do

60%

%

Ohio stock..

Parkersburg Branch
Central Ohio

10
18

52

East PennMst mort.7s,’88.....
El. & W’msport, lBt m, 7s.
do
do 5s....

’80.
Harrisburg 1 st mort. 6s, ’83....
H. & B. T. 1st mort. 7s, ’90

2d mort. 7s, ’75—
3d m. cons. 7s, 195.
Athens g. 7s. ’90

do

8

12%

do

1st M.,6, 1905.

ii. ot

vj.j ibi al., i, iooo

12*
no

Little Miami,

92

94%

95

82
82

82%

98

89
87

75
85
IDS
85

70
80

100
82
95
98
80
96

94

90*

96

99

102*

100*

98

101
94
65
98

Schuylkil 1.1st M.,7,1677. K0
92
Central 2d m, 6s, ’85. 87%
do
do 3d m,6s, 1900 .. 91
do
con. m. g, 6s. 1900
North Penn. 1st m, 6s, ’85
102*
do
2dm.7s,’96.
do
10s, chat, m.,’77 .
do
gen. mort. 7s, 1903
55
Oil Creek & Al. R., con. 7s, ’88.
Oil Creek 1st m. 7s, ’82
ioi*

lBt

M.,6,1883....

Cin.Ham. & Dayton stock....
Columbus & Xenia stock
Dayton AMlcblgan stock....
do
8 p. c. st’k guar

102

Catawlssa. 1st M. conv., ’82....
do
ebat. m. do
’88.... ioi*
do
new 7s. 1900......... 83
Connecting 6s 1900-1904
100

do
do
Ithaca &

78%

93

15%
52% Cin. & Cov.Bridge s'oek, nref
do
bonds, short
20
20%
do
bonds.long.
57% 57*
18
f>6
56% Cin., Ham. & D., 1st M., • , 80... 92
do
do
2d M.,7, *85... 98
121
121%
do
do
3d M., 8,77... SO
50
Cin.. IIam.& Ind.Ts guar
50
78
Cin. & Indiana, 1st M.,7
51
do 2d M.,7,1877.. 75
do
93
Colnm., & Xenia, 1st M.,7, ’90.
93%
48
46
Dayton & Mich., 1st M.,7 81.. 89
do
2d M.,7,’84.. 86
do
15% 45%
do
3d My 7 ’88.. 85
do
52
do To’do dep.bds,7,’Sl-’94. 90
121
Dayton & We$t., 1st M.,7,1905. 75

Union
..
do
pref
•
BAILBOAD BONDS.

Camden &

74
82

66%

Little Miami stock
Cin. Gaslight * Coke

Co.. Btk.

76
86
91
73
99
89
1(’4

SO

ICO
85
SO

77
95

94%
91

sa
87
98
SO
78
87
98
75
41

115%

201

205

LOUISVILLE.
30% 82%
Louisville 68,’82 to’87
80
79
do
6s,’97 to’98
84
Water 68,’87 to *89.. 82
do
82
81
do
Water Stock 6s,’97. 81
32
do
Wharf 6s
12
do
special tax 6s of’89. 81
9-)
89
Jeff., Mad. & I,lstM.(I*M)7, ’81 74
75
do
do 2d M.,7,.
39
88
do 1st M.,7,1906....
do
Loulsv. C. & Lex., 1st M.,7, ’97..

LoviiB. & Fr’k., 1st M., 6, *70-’79..
do
Loulsv. Loan, 6.’81.
L. * Nash. IstM. (m.s.) 7.’77..
do Lou. Loan (m.s.)6, *86-’87
do
do
do
do

do
(Leb.Br.)6,’86
IstM. (Mem. Br)7, *70-’75.

do

Consol. 1st

lstM'.(Leb.br.ex)7, ’80-’85

Lou.L’n(Leb.br.ex)«,’98
M.,7,1898....

Mad. * Ind
Loulsv., Cin.& Lex..pref......
do

do

78
67
87
! 8

75
87
86
97
80

81

82

88
97
92
* 83

!«

91
82
90
2(7

common. 53*

Louisville A Nashville

ST. LOUIS.
•F8
93
St Louis 68, Long Bonds......
+98%
Water 6s gold
88
io
do
do
do (new) t'5%
91%
85
99% North Missouri. 1st M. 7s..
30
At.& Pacific guar, land grants 20

2d M
Mo.) 1st M. gld....
do
2dM.bds.
...
I
do
Kansas Pacific stock
do

Pacific (of

-]

f4
70
102%

do

•

1910

100
101

IstM

eld6s.J.*D..

78%
71
....

«5
N. Y. Canal 7s, ’96-1906 101% 101% i
do
do do F.&A
Pennsylvania, 1st M., 6,1880..
Pacific RR of Mo. stock . . | 39
99
do
2d M.,6, 1875...
And Interest. tPlat.

Penn &

gen.m.

97%
l 0
34

100

Jefferson.,

Northern

do

01
65

'

Morris

do
do

76*

6s, *78.

do
do
do

Baltimore &

Little
84
76

18/5
1876

do
do
do
do
do

Williamsport

Broad Top. ..
do pref.

90

87

M.,7,

43

Junction 1st mort. 6s, ’e*3.....
do
2d
do
1900
99
Lehigh Valley, 6s, 1898
101
do
do reg
do
do
do
do
7s, 1910 103%

do

Cers., Gen. Imp. Se ,1871

4

....

38

11,491 5?

4

C.-PRICES.

90
91

....

11,439.371
'■■43

45,118.81*6

dies & () Can st.k (1847) 63
Board of Public Works—

■

1

ll,49,,8!}i

45.505.506

bid.

100
| 70% 73
98

41,363,277
43,0! 8.5-5

15. : 73.449
25.24-4,607
14,919,131
15,35:3,571
15.8 20,746
16.291.226
16,958,299
17.530,251

976 401

57. 262 361

11,410,920
11,476,791
11,473,8 IQ
11.500,1 L?

41.697.137

12,432 214
15

608,371

57,735,903

5

13,179,'.10

258.965

r.8,l"9.U0

Sept. 22
J’ec.'S
Dec 15.,
Dec. 22
Dec. 29

13,609,988

205,78"
27:,973

58.254,221
59,007,671

Sept. 8
Sept. 15;

41

pref

do

844,00
7J6,000

800,000

37

°.

Lohigh Valley
Little Schuylkill
Mlnehtll

fol lows

Legal Tender Notes

101

1'6
109
101%

I03>« 1:3%

Atlantic
do
pref

Huntington &

6,697

915 000

$15,528,473

Maryland 6s, Jan., A.,
do
68, Delence
Baltimore 6s of’75

Williamsport pref.. 37%
Pennsylvania
Harrisb’g. Lancaster AC
8

!$16,435,000 $60,298,025
The deviations from the returns of previous week are as
.......
Inc. $129,832
Loans
Inc. $923,63! Deposits
23,837
Circulation
.. Inc.

T^tal

b2

East

210.57"
450.000

432.000
302.000
744.000

80%

Susquehanna 6s,’94
do
7s, 1902
Union 1st mort. 6s, ’83
Wyoming Vaileylstm.

Elmira*

212,815
591.000
164.000
270,0(Xi

3,8.9,0(0

....

$551,936

216,(XXI

1,(77.000

2,900

1.985,000
614,000

437,000

2,190.706
1.415,903

36
50

Catawlssa .A

1,000,(X*0
611,000
4/3,000

606 S90
7)2.000

570,310
37 4, "OO

..

2,3H.OUO

1,000,000

Eighth
Central
Bank of Republic..
Security,

597.000
208.000
212,200

(11

6s, new

do

800.000

3.798,000
5,676.790
1,5)9.000
1 224,000
2.217,000
1,391,700

(01,000

107,235

1,404,606
849,566

800,000
500,000
500,000

Deposits.Clrculat’n.
$.1.068.000 $1,000,0)0

418,000

1,179,700

400,000

City
Commonwealth....

.

7,840.900

38.000

1,353.000
1.034,7::
1,193,633.
1.998,233
2,423,000

400,000

Bank of Commerce
Girard

L. Tender

15-25. 3d...

do

Camden &
Specie.

40

82

Delaware State Cs
BAILBOAD STOCKS.

Monday, April G, 1874:
Loans.

116

Alleghany County,5s, coup...
*!
Alleghany City 6s
Pittsburg 5s
do
6s
00
7s
do
New Jersey State 6s, Exempts
100% 101%

-

95
95

BALTIMORE.

Philadelphia 6s,

25.413,800
25.160,300

55,121,900

i

86

STATE AND CITY BONDS.
U'O
Pennsylvania 5s, coup
IU0
do
6s,’67, 5-10,1st...
do
do
10-15, 2d... 1"5%
108

do

98

do
2dm., » s,1907
m. 6s, c..’95..
do 3
do
6s, Imp.,’80..
do 6s, boat * car,1918
do 7s,boat*car,1915
do scrip

Ex.dividend.

do

88

’82. 92
98%
conv., g,’94. 97
gold, ’97 96% 97%
conv.,

Pennsylvania 6s, 1910

| 55

93*

95

Schuylkill Nav. 1st m.6s, ’97..

in
114

68

93%

’97....
’77.

Morris, 1st M.,6, 1876
do
2d M„ 1876
do
boat, ’65

122* *

& Portsmouth

nti,

do
do
do
do
do

PHILADELPHIA,

25,875.6(0

82%

86

*82....
’78
Lehigh Navigation 6s, ’31

69*:

do
preferred
Vermont & Canada
Vermont & Massachusetts
•

’96

Delaware Division 6s,

104 % 104 *
9%

Rutland common

25,992,9. 0
25.913,701
25,316.7'. 0
25,8 i 1.400
25,79 l.6(’n

94

Chesapeake & Dela. 6s,

109>: 110
149% 150

1

Old Colony
Port., Saco

26.04 9,3'>0

45.9-1.200
46.3’ 4,300
49,038,600
48,217.000
49. '81.100
49,34 2.900
50,618.600
53.779,500
53,723,300
52,800.700

106

pref...

do

78

101%
85%

101

CANAL BONDS.

1395k
,06*

Champlain

do

•» *

82
Wilming. * Read.,1st M.,7,1900
do
do 2d Mort, 1902

(Mass.)
(New Hampshire)....

Ogdens. & L.

]02%

108
do
reg
6s, g., 1911..

West Jersey 6s. ’83
do
1st m. 6s,’96...
do 7s,’97...
do
Western Penn. 6s, ’93
6s, n. b.,
do
do

104%

Fitchburg
Manchester & Lawrence
108
Northern ot New Hampshire..
125
Norwich* Worcester
52

25,719,100
26,0 <9,300

45,183.800

10.466.300
10,283,81)0
10.697.500
11,039.800
11,241.400

4,500,500

127,SOS,70)

April 6

410,200

2,4)3,50)
2,612,900
2,5)7,7'X)
2.337,700
2,459,700

120,470,590
121,684,600

.,

Eastern
Eastern

Increase $2,090,100
...Increase
46,500

41,391,29)
43.728.6 0
41.432.009
4 4,488,6) '

27*

Chic., Bur. & Quincy.
Cin., Sandusky & Clev. stock.
Concord
Connecticut River
Connecticut & Passumpslc, pf.

follows :

95

91

Cb. 8s

m.7s,c. 1911

Phil.*Read. C.&I.Co.deb.7s’y2
Phil., Wllin. * Bal.,6s, ’64
Pills., Cin. & St. Louis 7s
99
Sunbury & Erie 1st m. 7s. ’77..
Sunbury & Lewiston 7s,’90....
75*
Warren & F. 1st m. ,s, ’96
101
West Chester cons. 7b, ’91

99“

98

Old Col. & Newport Bds, 7, ’77.
Rutland, new 7s
Stausted & Chambly 7s
Verm’t Cen., 1st M.,cons.,7, *86
do
2d Mort., 7,1891
Vermont & Can., new, 8
Vermont & Mass., 1st M. 6,’83.
Boston & Albany stock
Boston & Lowell stock
Boston & Maine
Boston & Providence
Cheshire preferred

of weeks
past:
Deposits. Cl rculatloe.

Legal Tender.
9,6)4,80)

Specie.

99%

7s

g.

do

Municipal 7s..21......

Ogdensburg & Lake

537,100

the totals for a series
■

as

do
do

99*

Portland 6s
Burlington & Mo. L. G. 7s
Cheshire, fs
Eastern Mass., 7s
Hartford & Erie, lot M (new)7.

$55. 21.900 $>5 4r0 300
April 6, la $2l,20S,SlX'.

348.100

120,083,300

March 2
March 9
March 16
March 23
March 30

1,' 27,500
i.«9»,:oo
2 5 *1.000

20,900

119,183,100

Eeb. 16
Feb. 24

<"'6 nOJ

146,300

do"

795,200
784,864)
7I3,(X'0
180,000
539.100
436,700
300,000
150,' 00
120,00)

2.8 ’2,200
729.300

971,500
933,200

120,161.800

Jan.26
Feb. 2

747,(00
792,800
418 000
338, *100

5s, gold
Chicago Sewerage
do

last wee k.

Loans.

Date.
Nov. 17.
No/. 24
Dee. 1
Dec. 8
Dec. 15
Dec. 22
Dec. 29
Jan. 5
Jan. 12
Jan. 19

563,600

PeunBylva., gen.m., reg., 1910
Perkiomen lBt m.6s, *97
92
Phila. & Erie 1st m. 6s, ’81
101%
87%
2d m. 7s. ’88
do
99%
101
Philadelphia * Reading 6s, ’80
7s, ’98 102*
do
do
It 9
80%
do
deb. bonds.’93
102**
100

Hampshire,68

New

684,600
5-5,4(10
692.500
720.(01
172.900
720,5(io

579,100

843.0( 0

Increase.
Decrease.

The following are

Mnssachusetts 6s, Gold
5s, Gold
do
Boston 68, Currency

1,00).1(10

130,000

The deviations from last week’s returns are
Deposits
Loans
Increase. $1,256,800 Circulation

Specie
.
Logal Tenders

187,100

2,4*79.100

151.400

149.350.000 $127,S96.700 $S,123.'6('0 $10,561,100
total amount “due tootherBaukB,”a8 per statement of

Maine 6s

792.000
552,700.
793,890

43 600

Tot.' 1

340,800
596,80(1
493,100

723,600
169,400

980.200

3.2*3.000

500,000

BOSTON.

2,2 9.306

333.300
134,800
2 (5,800

18,500
289,300
30.800
41,700
40,n00

779,1°0

1,492.6ft
174,7 0
746.4^

2,’.04,2)0

155.500
2 ’.2.300

145,800

8XOUBITIXB.

Bid. Ask

8B0UBITIXB.

Bid. Ask.

240.7^

910,700
5(1,780

528,900
3 ■'5,700
615,700
168,100

5)1,800

423,2j>n

1,978,500
1,277,800
1,035.990
1,562.490
1,15 4.400
960,500

PHILIDELPim. BUTUIORE, &e.

Q.U0TATI0SS IN BOSTON,

439,

351.3JX

1.011,990

116,200
320,900
12S.300

200

2.548,700
2,513.900

500,000
500,000

5S ',900

13,200

933.000

1,500,000

76,990

181.: 00

5.0(7.200

200,000
1,000.000

Security

1,058,500

5,051,600
3,314.900

1,000,000
1,500,000
2,000,000

Exchange
Hide & L< ather

76.800

5.045.500
1.897.900
6.33.8.900
2.932.900
1/851,900

1,000,000
1,500,000

City

514.9(10

120,600

3.412 000
l.823,600
4.128,80(1
4.964.500

750,000
1,000.000
First...
1,600.000
Second (Granite)...
300,000
Third
B ink of Commerce, 2,000,000
Bauh. of N. America 1,000,000
B’k oi Redemption.
B ink oi Republic...

820,490

50 800

885,300

'

2.000,000

Tremont
Washington

116,300

55,300

3.50 *.400

600,000

Traders

74,600
96,810
19.700
431.100
30 000
8U.3C0

1.199.900

400,000
3.000,000
200,000
1,000,000
1,000,000
900,000
1,000,000
1,000,000

Merchants
Mount Vernon
New

2,367.3011
1,549,300
2.000,710

1,000,000

Howard
Market

371

CH

THE

phi 11, 1874.]

I

90%
21

54%
89
•

•

.

•

•

•

.

16

M2
26
79
72

4%
55
66 %
40

6 aoernment Bonds ana
cent

QUOTATIONS OF STOCKS AND BONDS IN NEW YORK.
active Railroad Stocks are quoted on a previous page anu, tot repeated here. Prices represent the
value, whatever the par may he. u N. Y. Local Securities ” are quotd ine a separate list.
Bid. Ask

Bid. Ask

SBOUBITIEB.

Pennsylvania Coal
Spring Mountain Coal
Railroad Bonds.
Albany A Susqb’a, 1st bonds

....

....

.

5s.1886.
8s. >«6.

2C"
....

102"
-

do

....

ioi"
97
97
93

....

....

1875.,
of 1910,

do

do

coup...

6s, Canal Loan 1874
6s, do do
1875.

ao

do
do
6s, do do
1877.
do
6s, do do
1378.,
do
do
6s, do coup.18 7
do
1875
do
f.s, do
do
1876..
do
5s, do
North Carolina 6s, old, J. A .1.
do
A & O
do
do
do N. C. R.R. J&.J
do
do do
A. & O
do
do do coup off, J. & J
do
do do do off, A & 1 *.
do
do

do

do

do
do
do

QO

Funding Act, 1866
do

Tennessee 6s. old
do
do ex coupon
do
do new bonds
do
d >
do
ex coupon
do
do new series
do
Texas, 15s, of 1876
.

Virginia 6s, old

do new bondg
do consol, bonds
do deferred do

Railroad Stocks.
(Active previously quoted.)
Albany A Susquehanna.......

45"
....

97*

94’

31*

91
90

93

Del., Lack. A Western, 1st M.

....

1O6*
•06*

do
do

...

...

■III

110
110
113
l!3
103
t03

...

do
no

\

....

4

3:J
30
50

28
46
44

....

32
*

27*
21
21

22

10j*

A Sioux C.
do
do

91
*6

95
38

89*

75

81
81

102* 104
99
90
91

101

83*

92*

102.''
58*

99*
105

106* 107
100* 101
91*

|

102
102

•

•

x

....

25

8

7
15

90

98

SI*

1st.

do
do
2d M
ch. So. 7 perct. 2d Mort
cb.S. A N 1. S. F.7 p. c....
ive. A Tol. Sinking Fund .
sve. A Tol., new bonds

>01
•

do

do

new

bds

j

67

89"

106

103'
95
98
95

34

1

Cons. coup. 1st..
Cons. reg. 1st...
C'>ns. coup. 2d..
Cons. reg. 2d—

GO

do
do
do

68

67

....

102

50*

10*

11*

do

97

95*

95*

94

95

Y. Central 6s,
do
do
do
do
do

do
do
ralP
do

c

Consolidated....
2d
do

Iflcgold Bonds....
ic 1st M’geBonds.
Land Granls, 7s.
Income ’0s

do
do
do

Sinking Fund...
Mo. 1st M
o
2d M

do

....

I

i

t

82*|

do
do

do
do

!‘

do
do

h

94*

do
do

Sd Mort.
4tb Mort

do

"

1

...

us*
,

95

.

.

...

■a®
do
ao

do

Connecticut Valley 7s, gold...
Connecticut Western 1st 7s....
Chic. A Mich. L. Shore
'.
Des Moines Valley 1st 8s
do
do Land Grant 8s
Dan., Urb., Bl. A P. 1st m 7 gld
Detroit A

Det.. Lans. A Lake M. 1st m. 8s
do
2d m. 8s
do
Dutchess A Columbia 7s
Denver Pacific 7s, gold
Denver A Rio Grande 7s, gold
Evansville A Crawfordsv. 7s..
Erie A Pittsburgh 1st 7s
do
2d 7s
do
7s. equip

Grand River Valley 8s
Hous. A Tex. C. 1st 7s g

old...

ludianap. A Vincen. 1st 7b,guar

Iowa Falls A Sioux C. 1st ,s...

71
72
101

Kal., Alleghan AG R. 8s, guar
Kal. A White Pigeon 7s
Kansas City A Cameron 10s...
Kan. C., St. Jo. A C. B.Ps of ’85

66'

85

85

50

ioo"
1(0*
100

50
100
95
100

65

Montgomery Fs
Nashville 6p, old
60

6?

30

49
60
55

92*
90

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

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

80
70
50
65
5

70
60
68
70
50
84
8t
65
30

RAILROADS.

95
65
45

82*

Ala. A Chatt.,lst,M,8B, end...
Ala. A Tenn. R, 1st M.,7b....
2d M.,7s
do
Atlantic A Gull consol
do
do
end. Sav&n’h
do
stock
do
do
do guaran
do
Central Georgia,IstM.,7s....
do
do
consol. M. 7s
do
do
stock

Charlotte, Col. A A.,1st m.,7s.

stock

do

60
65
1

90'
85
78
70

87
f.O
95
48

do
do

do
do

1U3*

2dm.,8s...

do

do

lOJ
190
60
80

80
65
65

70

.

90
85
80
53
88
82
90
85

Opelous,lstM.8e
Nashville A Chattanooga, 6s...
NorfolkA Petersburg 1st m.,8s
do
do

7s
2d mo., 8s

90
62
91

75
90

.

do
do
do conv. 78.
Rich, and Danv. 1st cons’d 6s..
Piedmont 8s...
do
do
lsts, 8s...

80
60

70

7C*

32*

86

Selma, Rome A D., 1st M., 7s..
South A North Ala, 1st M., 8s.

Southside, Va., 1st mtg. 8s
do
2d m.,guart’d 68...
do
3d m..6s
Southwest. RR., Ga., 1st mtg...
do
stock
S.Carolina RR. !stM,7s(new)
do
do
68

80

35
66

N. Orleans A

do
do

67
81
88
90

60
70
80
65
77
78
75

..

60"

92
52

72'*

.

do consold.,3

Montgomery A West P..1st 8s..
do
do 1st end.
do
do Income
Mont.A Eufaulalst 8s,gld end
Mobile A Mont., 8s gold, end
Mobile A Ohio sterling
do
do
do
ex ctfs.
do
do
8s, interest....
do
do
2 mtg, 8s
do
stock
do
N. Orleans & Jacks. 2dM.8s.
do
do
cert’s,8s.

:oo

71
17
65
85
85

2d 7s..
stock.

Mississippi A Tenn., lstm.,78

90
72
72
60
60

15
85

Memphis A Little II. 1st M —
Mississippi Central, let m..7s.

90
88

16’*
30
95
86
60
74
35
62

50

64*

Memphis A Charleston, 1st 7s..

1U5*

30
52
42
63

70

90

stock

Greenville A Col.7s, guar
do
do
7s, certif..
Macon A Brunswick end. 7s...
Macon A Western stock
Macon and Augusta bonds... .
do
do
endorsed..
do
do
Btock

95

60
96

20

do
do
stock
Charleston* Savannah6s,end.
Savannah anu Char., 1st m., 7s.
Cheraw and Darlington 7s....
East Tenn. A Georgia 6s
East Tenn.A Va.6b end.Tenn

Rich.,Fre’ksb’g A Poto.6s....

Peoria. Pekin A 1.1st m, gold
Peoria A Rock I. 7’e, gold ....

\1

5
40
45

Petersburg 6s

57*'

5
7*
92* 102
190

40

72
8a
85
50
72
62
75
74
75
52

do
new bonds.6s
do
end.,M.A C.R.R....
MobileSs
ao
8s

do
6s, new
New Orleans 5s
ao
do
consol.6s
do
do
bonds, 7s
10s
do
do
do
do
to railroads,
Norfolk 6s

’.00
100

25
15

50"

*6*
75
65
90

Macon 7s,bonds
Memphis old bonds, 6s

do

25"

85*
40

....

S8*

7s

Oregon A California 7s, gold..
Oswego A Rome 7s. gnar

63*|

stock6s

Georgia R. R., 7s

90

60

83*

Lynchburg 6s
67
.90

do

60
65

...

60"

70
70

Charleston, S.C., 7s, F.L. bds...
Columbia, 8. C., 6s
Columbus, Ga., 7s, bonds

E.Tenn.,VaA Ga., let M., 7s..

60
55

25"

20
35

Augusta, Ga.,7s,bonds.
Charleston

101

55

80
80

40~
IOO"

a*

8s

65
30

m.

68*

W.D..
Burl’n Div.
2d M..
Consol. 7s.......

do

101
70

90

90
90

Ask

Securities.

Louisiana * Mo. Riv. 1st

84’

do
do
do

101

oil

90

per

CITIES.

Northeastern, S.C.,1st M. 8s....
do
2d M., 8s.
Orange and Alex., lsts,6s
do
2ds, 6s......
do
3d8, 8s
do
4ths,8s
Klchm’d A Peterb’g 1st m., 7b

St"

Warsaw, E, D.

Union Pac-. 80. branch,6s, gld
Walkill Valley 1st7s,gold ....
West, Wisconsin 7s, gold

4U

80
79

m

6s, gold

Miss. 1st 7’s.gld.
Leav., Atch. A N. W. 7s, guar.
Leav Law. A Gal. 1st M.,10s..

Lake Sup. A

76*

si‘

....

Atlanta, Ga., 7s

eo
50

55
70

do
7s,
do new, gld
do
6s, g’d, Jun A Decdo
6s, do Feb A Aug
do
7s, 1876, Land Gr.
do
7s, Leaven. Brch.
do
Incomes, No. ll..
do
do
No 16..
Stork
do
Kalamazoo A South H. 8s, guar

tah Central

Southern

l66"
75

15
95

97*

Wisconsin Valley 8s

60

Jack., N. W.A S. E. 1st m gl 87
Kansas Pac. 7s, Extension, gld
do
7s, Land Gr., gld.

fc

.

60
40

95*

Logans., Craw. A S. W. 8s, gld.
Michigan Air Line, 8s
102' Mouticello A P. Jervis7s, gold
Montclair 1st 7s, gold
Mo., Kan. A Texas 7s. gold
101
Mo. R., Ft., S.A Gulf 1st. M, 10s
do
do
2d M.,10*
90*;
N. J. Midland lst7s,gold.

96

2d M.

92*

IndianapoliB A St. Louis 7s
Jackson, LanBinv A Sag. 8s...

2d M.
[.in
income
.Ills. R. 1st M. 8’s

do

99*

Bay Cltv 8s

Det., Eel River A 111. 8s

36*

64*

102

Detroit, Hillsdale A In. RR.8’s

36*

101

...

7s, 20yrs...
Ch'cago, C. A Dub. 8Chicago, Bur. A Quincy 7s—
Chic., Danv. A Vincen s 7s;gld
Chic. A Can. South. 1st m gl 7s
Ch., D. A V., I. div., I m gld 7s
Cleve., Mt. V. A Del. 7s,gold.

do 8s of 189b
do
do
56*:
Si *1 L. Out. Shore RR. 1st m. gld 7s

100
90

•

45

_

do
2d 7s
N. Y. A Osw. Mid. 1st 7s, gold,
do
do
2d 7s. conv.
do
West. Extension 7s
N. Haven, Middiet. A W. 7s,..,
North Pac. 1st m. eold 7 8-l0t
do
Land Wan ants.
Omaha A Southwestern RR.8’f

do
do
do

...

87*
96*
91*

58

.

93
92

77*

7i"

do
2d Mort
L. A Iron Mountain. 1st M.

do

69
.5

92
91

j t

....

iis*

102

98
,1st M... 106
2d Mort. 101
3d Mort
94

c

do

57*

92

State Aid bds.

\

i

2.

95

36*

7

•

95*

...

consol, sink. f...

gld

Atchison, Top. A S. Fe 7b cid.

Atchison A Nebraska 8p. c.... 40
100
Bur. A Mo. River, stock...
do
do
Land M. 7s.. 93
2d S., do 76..
do
do
Ho
mo
.-id K.. do 8s.. 98*
do
do
4th S.,do 8s... 9fi
do
do
5th S., do 8s.. 98
.do
6th S.,do8s.. S3
do
do
do Creston Branch S9
do
do Chariton Branch 99
65
Bur., C. R. A M. (M. div.)g.7s
Burl. A M. (in Neb.) 1st conv.. 99
9U
Cairo A Fulton 1st 7s, gold.
California A Oregon 6s, gold.. 75
California Pac. RK.7’s, gld— 8<J
do
6s, 2d M., gld 70
Canada Southern 1st 7s, gold.. 65
Central Pac.7s, gold,conv....
do
Land G. 6s g
Central of Iowa. 1st M, 7’s gld. 40
do
2d M, 7’s, gld
97 '
Keokuk A St. Paul, 8s—
95
Carthage A Bur. 8s.
97
Dixon, Peoria A Han., 8s.
97
O.O. A Fox R. Valley 8s. •@53
97
U 61
Quincy A Warsaw, 8s— iSo
98
Ill. Grand Trunk
4U
Chic., Dub. A Minn., 8s..
97
Peoria A Hannibal R. 8’s.
90
Chicago A Iowa R. 8’s....
97
American Central 8s
Chi. A Southwestern RR. 7’B
55
Chesapeake A 0.1st m. gld 6s
do
do 2d mort cold 7s 20
Col. A Hock. V. 1st 7s, 80 yrs . 91*
do
do
1st7s. 10 yrs.. 83
80
do
do
2d

....

do
do
2d
St.L. A So’eastern 1st 7s,gold
St. L.. A St. Joseph,1st,6s, gld
Southern Central of N. Y. 7s..
Tebo A Neosho7s,gold
Union A Logansport7s

13
50
40
65

Grand R. A Ind. 7s, gold,guar. ,00
do
do 7s, plain
60

78,1865-76

.,

133*

no

94*
93 '
91*

Atchison A P. Pi,6s gold
Atlantic A Pacific L G. 6s

Sionx Cltv A Pacific 6s
South Pacific 6’s,gold
Steubenville A Indiana6s

30

Sandusky, Mans. A Newark 7s
St.Louis, Vandalia A T. H. 1st

99* ICO

Arkansas Levee bonds 7s

Port Huron A L M.7s,gld,end.
do
do
7s, gold....
Pullman Palace Car Co. stockdo bonds, 68.1st series
Uockf’d.R I.A St. L.lst 7s,glo
Rome A Watertown 's

“
“
2a 7s
Southern Minn, construe. Ss.
do
do 7s
St.Jo.AC.Bl. st M., 10s
8 p. c:
do
do
St. Jo. A Den. C.8s,gold,W D.
do
do 8s, gold, E. D

79

Del. A Hudson Canal 1st M. *91 104
do
do
1881 IU4
do
do
1887

Nashville A Decatur 1st M. 7s
South Side, L. I, 1st Mort. bds
Western Union Tel. lBt M.7s..

Bid

SKCrUBITUtB.

Rome, W. A Ogdensburg7s...
Rondout A Oswego 7s,gold...

Lafayette, Bl'n A Miss. 1st M.

40

106
& Hud. 1st mort ,coup 105
do
1st mort , reg..
106
ud. R. 7s, 2d M. 8. F.1885
do
7s, 3d Mort.. 1875
102* 104"
106* 107
do
do
reg
106*
t

Hannibal A Naples IstM
Great Western. 1st M., 1888....
do
2d M. 1893....
Quincy A Tol., 1st M.t 1890....
111. A So. Iowa. 1st Mort

»S*

c.o

38*
....

6s 1887
6s real estate
6* subscription.
7s. 1876
7s, conv. 1876

d<~>

55

1883

88*

65
72

Elizabethtown A Padu. 8s con

93
.

85

88*

Equip. Bds....

Cons. Convert.

Evansville, T H A Chic 7s, gld
Flint A Pere M. 7s, Land Gr..
Fort W., Jackson A Sag.8s...

consol. 7

do

92*
82*

35
90
76
".3
81
93
83

Evansville, Hen. A Nasnv. 7s..

90

,

do

99

9?

Jin., 1st Mort
Consol, 7s, 1902... 98*
1st M. 8s, 1882....
106*

32*
35
50

98'

>9

J

63*
:8*

85
72

103* 103K

!ve.,P’ville A Ash., old bds too"

(

....

65

Buffalo A State Line7$...

87*

ioi*

76

l'J0
*

93
105

M..
2d div.

b

95*

2d Mort

Miscellaneous List.

..1100*

....

h'

....




107*

do
do

9*

New Jersey Southern
2
N. Y-, New Haven A Hartford 133
Ohio A Mississippi, preterred
Pacific of Missouri
Pitts., Ft W. A Chic.,guar... 95
do
do
special..
Rensselaer A Saratoga
Rome A Watertown
80
St. Louis, Alton A T. Haute...
11
do
do
pref

Cumberland CoalapdIron...

110

102* 103
93*

Endorsed.

N. Y. A E. IstM.. 1877....
do
large bonds.,
dan. A St. Jo. Land Grants...
do convertible
do

32
*

2d
3d

do
*o

94*

lstM.8tLdlv

do
do
do

Han. A Cent. Missouri 1st M..

106*4

7s-, 1879
100*
98
7s,1883
! do 4th do
>J u
7s, 1880
| tio 5th do
7s, 1838.
; do 7s, cons. mort. gold bds..

...

...

....

Construction
7s of 1871

do

do

....

Oent.N J. Laud Improv. Co.
Delaware A Hudson Canai
American Coal
Consolidation Coal of Md

105 X
103

conv.

2d Mort
Conv. bonds

Ask

Long Island RR 1st M

104

28

*

do
do
do
do

do
do

I

....

7s

do

E6sex, 1st Mort

Bid.

Pekin, Lincoln A Decatur IstM
Cin., Lafayette A Chic. 1st M.

2d M.. 103

do

Morris A

111

....

Co., Baltimore

105

27*

.

....

Canton

97

..

...

105
do
do
pref
Chic. Bur A Quincy
104
104%
Cleve.. Col., Cm. A Ind
75
Cleve. A Pittsburg, guar
89* 90
Dubuque A sioux Citv
Erie pref
58"
Hannibal A St. Joseph, pref.. 3S
37*
Harlem pret
Illinois Central
104
IOO'
Ind., Cin. A Lafayette
16
Joliet A Chicago
91
Long Island
75
Marietta A Cin., 1st preferred 16
do
do
2d pref
S
84
Michigan Central
83
Morris A Kssex
94
94*
Mo., Kausas A Texas
15

.

..

108*
97*

Iowa Midland, 1st mort.,8s... 85*
102
10 L
Galena A Chicago Extended
do
2d Moit... 100*
Peninsula 1st Mort., cony
Chic. A Milwaukee 1st Mort... 93*
Winona A St. Peters 1st m....
do
2d m..

Central Pacific
Chicago A Alton

Belleville A So. Illinois, pref
St. Louis & Iron Mountain.,..
St. L., Kan. i A Northern pro1
Toledo, Peorin A Wat saw
Toledo. Wah A W ‘•stern. pre»
ITIiNCollaneouw Stork*
Amer ran District Telegraph
Atlantic A Pacific Telegraph.
Boston Water i ower

.

.

186«

do
A. & O.
do
do Spec'l Tax, Class I
do
Cl
do
do
do
Cl
do
do
do
Ohio 6s, 1875
do 6s, 1881
do 6s, 1886
Rhode Island 6b
South Carolina 6s
do
do
Jan. A July
do
do
April A Oct
do
do Funding Act, 1866
do
do
Land C, 1889, J A J
do
do Laud C, 1889, AAO
of 18S6
do 7s..
do

do
do
do

....

97

Asylun

do

42
42

••

do
6s, 1883..
do
78,1878..
Missouri 6s
do
H. A «t
10

*

....

new floating debt
7s, Penitentiary.—
6s, levee bonds

do
do

-

1*

do
d'

53

Toilet A Chicago, 1st Mort....
Louisiana A Mo., 1st M. guar.
St. Louis, Jack. A Chic. 1st M.
Chic., Bur. A Q. 8 p. c. 1st M...
jnic. ti. Isiana A Pacific
C. C. C. A Ind’s 1st M, 7s, S. F.
Central of N. J., 1st M., new..
do
tlo
2d Mort.
do
do con.conv
Am. Dock A Improve, bonds.
Mil. A 8t. Paui 1st M. 8s P.D.
do
do 7 3-10 do
do
do
do
7s gold R. D.
do
do 1st Mort. LaC.D
do IstM. I.AM.D.
do
do
do
IstM. I. AD.,
do
do
IstM. I. A I...
do
do
1st M. H.AD.
do
do
IstM. C. AM.
do
do
2d M
do
Chic. A N. Western S. Fond.
do
do
Int. Bonds
do
do
Consol, bds
do
do
Extn. Bds
do
<lo
1st Mort..
do
do coup gld bds
do regM
do
do

••

113

2d
3d

Wab’h, 1st Mort. ext’d.

do

Bost., Hartf. A Erie, 1st M. .. 27*
do
do
Guaranteed
Bur., C. Rapids A Minn.1st 7s,g 50
Chic. A Alton Sinking Fund.. 1U0
do
1st Mortgage... 104*
do
do
do
Income
94*

....

Louisiana 68.
do new bonds
do

8s
8s
8s

do

32*

•

do
do

do

....

Kentucky 6s

do
do

*

40

75
89

do
7s, new bonds
do
7s, endorsed
do
7s, Gold bonds
Indiana 5s
Illinois 6s coupon, ’77
do
do
1879
do
War Loan

do

.

*

40" 55"

Georgia 6s

do
do
do

.

SECURITIES.

Tol. A

pref..

Maryland Coal

114

at*
Bonds, 1S62
U6
5-20s. registered, 1S64
116
549s. registered, 1805
5-20s. registei ed, new Issue, ’6i 5 118* 118*
119* 120
5-20s. registered, 1867
5-20s, registered. 1;63
11-**
115%
5s, registered, 1831
State Bonds.
Alabama 5s, 1833
5-10 Called

-do
8s,1888
do
do
8s, Alab. & Chat. It.
Rs
of 1892.
do
do
8s
of 1893.
Arkansas Os, funded..
do
innh!
do
do
7sj L.R..P. B.AN.O
do
do
7s Ark. Cent R
California 7s
do
7s.large bonds..,
Connecticut 6s

do

do

previously.)
5-3*?8, registered. 1662

do

5%

Mariposa Land AM. Co

IJ. S. Bonds.
(Others quoted

do

(April 11, 18 4.

THE CHRONICLE

372

100
80
60

80

65
65
62
97
92
B5

60

PAST DUE COUPONS.

Tennessee State Coupons.....
91
65
65

Virginia Coupons.
ao
’ Consol. Coup...,.-..
MemDhis Cltv Coupons

66
84

76
65

68
40
79

70

April 11,1374.]

873

CHRONICLE.

THE

NEW YORK LOCAL SECURITIES.
Bank
Companies.

Capital.

Marked thus (*)

are

1872

Bid.

Last Paid.

1873

(Quotations by E. S. Bailey, broker, 65 Wall street.)

Price.

Dividends.

Par Amount. Periods.

not National.

•

Insurance Stock List.

Stock List.

Capital.

Askii

Companies.

..

Chatham

Chemical
Citizens’

100
101

3,000 000
5.000,000

1(X

250,000
1,000,000

25
25
25
10C

2,000,000

25

450,000

100
100
1<M

Commerce

Commonwealth
Continental
Corn Exchange*

160
10C
100
25
25
100
100
10C
30
100
100
25
40
100
100
100
50
100
100
100
50
100
103
100
25
50
25
100
50
50
100
100
100
100
50
10C190
100

Currency

Dry Goods*
East River

Eleventh Ward*
Filth
First
Fourth
Fulton
German American

Germania*
Greenwich*
Grocers
Hanover
Harlem*

Importers’ & Traders’.
Irving
Leather Manufactrs...
Loaners’*
Manuietrers’& Build.*
Manhattan*
Manut & Merchants*.
Marine
Market
Mechanics
Mech. Bkg Asso’tion
Mechanics & Traders..
Mercantile
Merchants.
Merchants’ Ex

Metropolis*

Metropolitan
Murray Hill*
Nassau*
National Gallatin
New York
New York County
N Y. Nat. Exchange..
N Y. Gold Exchange*
Ninth
Ninth Warn*
Nort’i America*
North River*
Oriental*
Pacific*
Park

'

300,000

HK
25

City

-

300,000
800,000

Phenix

Republic
St. Nicholas
Beventh Ward
Second
Shoe and Leather....
Sixtii
State oiNew York...
Tenth
Tcird

2U

J. & J.
J. & J.
J. & J.

10
8
12

2

Q-J.

000,000
600,000
000,000

J. & J.
M.&N.
F.& A.
M.&N.
M.&N.
J. & J.
J. & J.
M.&B.
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. & J.
A. & O.
M.&N.
A.& O.
J. & J.
J. & J.
J. & J.
,J. & J.
J. & J.
J. & J.
J. & J.
J. & .J.
•J.& J.

000.900
100,000
5011,-O'
500.000
600.000

500,(00
100,000
050,000

*500,000
400,000
1.000.00C
2.000,000
500,000
600.000

1,000,000
?,(.00,000
1,235,000
506,000
4.000,000
200,000
1,000,000
1,500,000

.'0

400,000

‘25
50

300,000
422.700

Q-F.

ion

2,000,000

25
20
100
100
100
100
100
1(H)
100
100
100

4:2.(910

J. & J.
J. & J.
J. & Ji
F.& A.
F. & A.
J. & .J.
.T. & J.
,J. & J.
J. & J.
M.&N.
J. & J.
J. & J.
J. & J.
M.&N.
J. & J

Tradesmen’s

40

Union
West Side*

50
100

500,000
300,000

1,000,000
200 000

2,000,0"0
1,000,000
1,600.000
1,000,003
1,500,1'00
200,000

.

Jan.

155
112

2,’74...5

Nov. i.*73.../

Jan., 2.’74. .6
Jan., 2,‘74..12
Jan., '73...4
Jan., 2,’74...5
July 1/73...4

Bowery

Brewers1 & M’lst’rs

290
DO

Jan.. 5.’74..-4

7

10

8

7
14
20

14
15
9
10

8

10
Q

8

7
20
10
8
4
12
8
12
7
10

10
20
10
8

U
10
10
8
10
10
8
6

io

10

8

8
8
10

Jan., 2,’74... 7

Jan.,2,’74...5
Jan., IJ74...6
Feb.12,’74.3 V
Jan, 10/74...5
Feb. 10 *74

Jan., ’73...4
Jan.,2,’74...6
Jan.,2/74.. .5
Jan.,2/74 ..5

4

Nov.
Nov.
Nov.
Jan.

1/73...4
1/73... 5
1/73...5
2.’74...4
July 1/73... 3
.Jan.,2 ,'71. .4
Jan., 5/74.. .5
Oct. 1. '73. .4

4

8
10
15
7

7V
7
12
16

12
10
7
8
9

6V
10
12

r»
•

iia
..

100

.

106V
200
124

......

DO
......

iso

r..

...

....

*

113 V
.

.

130
113

do

25
20

J. & J.

300.000

A. & O.

7

1,850,000

F.&A.

386,000
4,000,000
100 2,800,000
7.50,000
100 5 (XX),000
25 1,000.000
500,000
if*o 4,000,000
10 1,000,000
300,000
5(>
40.i, (XX)

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

5
5
5
5

certificates....

Harlem

50
20
50

Jersey City & Hoboken
Manhattan

Metropolitan
do

certificates

Mutual, N. Y
Nassau, Brooklyn
do
New York

scrip

People’s (Brooklyn)

do
do
bonds
Westchester County

'.

Williamsburg

50

serin

do

.

2,000,000
1,200,000

5
5

1,000,000

.

5‘eecicer St.A FultonFerrf/—stock Km f
1st mortgage
1 (X

Q-F.

M.&N.

.

i30
•

.

.

+

-

.

,

100.000
164,000

180

141V
100

106V
92
150

160

550.000

6O0,(X!i)
214,000

Dry Dock,E. B. A Battery—stock 1 100 1,‘200,000
‘id mortgage cons’d
900.000
-

blghth Avenue—stock

1st mortgage
42d St. A Grand St Ferry—stock..
1st mortgage
Grand Street A Newtown—stock.
lark Avenue—stock
1st mortgage
Ninth Avenue—stock
1st mortgage
Second Avenue—stock
1st mortgage
id

mortgage

3d morigave
Cons. Convertible
Sixth Avejiue—stock
1st mortgage
Third Avenue—stock
1st mortgage

Williamsburg

203,000
750,000
220,000
170,(XX)

1000

254,000
300,000
797,000
167,000

50

800.000

1000
10 0
1000
1000

350,000
200,000
150,000
315,000
100
750,000
1000
250,000
100 2,000.000
.

A Jlatbush—stocK.

1 <t mort g ige

ioo 1,000,000

1000
100
1000
20
50
1000

'

1000
100

10001

4

135

130'

Jan.,

S

Jan., ’73.
i •Jan., ’74.

7

1
7
3
7

Jan,. 74

3

May ,’74

7
5

7
7
7
7

A.& O.
J. & J.

2,000,000

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

1880

1872

3V Jan., ’74..
Jan., ’74..(
14
Jan.; ’74./
10
•Jan,, ’74. .5
5
Jan., ’74..(

62V

I8C8
18-q
1834
1835

1882
1877

,

|

1

67
ISO
93

100
170
75

82V

'500,000

,

.

98,640
20,344
27,093
50,131

137.974

591,016
69,113
36.872

.

.

11

2<7,374 20
24.653

10

150 000

112,555
1S7.544

16

100
25

2,500^000

50
50
'50
SO
20

200,0(10
200,000

150,000
(00,000
200,010
150,000

.

10

33,329
238,989 10

.

.

.

9,930
62,187
57,210 10
4.520
214,672 io
123,827 10

io

16

io

10

14

15

15

2(X),00()
qnn non

26 101

100
ro

150,000
200,000
200,(XX)
210, (XX)
200,(XX)
200,000

137/'86
190,2(8
46,539
250.-706
176,0*3
11.840

500.(XX)

327,584

io

25

350,000

111,467

10
16
10
12
2
1
2
0
0
6

People’s
Phenix
Relief

(B’klyn)

..

Resolute

Rutgers’
Safeguard

255 6^4

200,(XX)

131,379
184,417
96,107
183,209
11,634

1, (XX), 000

200,000

15,7')9

25
100
25

200.000

165,316

50
(X)
00

25
25
25
50

Tradesmen’s
United States

150.000

150,000

50
50
100
!(X)

200,000
800,000

47.779

2(H) 000

13,447
131,409.
62,! 8?

200,000
150,000
250,000
250,000

io

33,235
66,279
32.8-3

216.767

158,628

26

20
10

10
5
7

5

20

4

11
20
12
18
16

16
25
6
20
16

12
20
12
20
16

.

.

.1 an..

6

.

10

12
20
18
20
14
10

0
0
10
1 0
1 4
14
10

7
0
0
; 0
1 1
1 4
0

3V
0

0
2
4
4
0

0

•

6

Jan.’74

7
4
7

Mav/73

2

July’70

7

1878

0

4

7

106

100
80
90
150
80

95
155
90

100
ICO

5

170
.

f.

.

•

f

.
.

.

Tan., ’74. .5
Feb., *74. .5
Jan., ’74. .5
Ian., ’74..5

*'eb„’74..5
ran., '74..7
Ian., '74..5
la-i.,’74..7
lan., ’74 .5

.

.

.

80

75
140
65
150
180
104
165
147

.

.

.

70
190

*10
•

•

•

.

150

70

97V
•

.

.

•

•

103
112

19P
140
160
.

.

-

.

•

100
85
90
65
..

•

...

.

.

95

.

100
85
80
130
110
140
140

96
....

•..

••

•

‘

*

City Securities.

New York:
Water stock
18-11-63.
do
1854-57.
Croton water stock..1845-51.
do
do
..1852-60.
Croton Aqued’ct stock. 1865.
do
pipes and mains
do
reservoir bonds
Central Park bonds. .1853-57.
do
do
..1853-65.
Dock bonds
1852.
do
1870.

do

?5
85

Prick

Bid.

Months Payable.

100

140

100

Feb. 1/74
1P.90

fUO
i...

maturity of bonds.

do

do

do

do
do
do

Brooklyn:

bonds..

var.

var.

var.!

...1819-65.1

Jersey City:
"Water loan...
do

1852-67.
1869-71

1866-69.
Sewerage bond?
Bergen hoods
1868-69.
Assessment bonds... 1870-71.

do
do
do

May & November.
Feb.,May, Aug.& Nov.
Ma3r & November,

do
do
do

do
do
do
do
do
do

do

do

do

do
do '

1869.

< o

do
do
do
do

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

1860.

do
...........1861-65.1
Local imp. bonds... .1862-65.
do
do
....1866-70/
N. Y. Bridge bonds... .1870. i
Park bonus......
1860-71.|
Water bonds
1857-71.
Sewerage bonds
3 year8.
Assessment bonds...
do

1890

do
do
do

Improvement stock.... 1869

City

Feb. 71
1877
1876
1885
1888

Feb., May Aug.& Nov.

.1865-68.
1863.
1863.

Consolidated bonds
Street imp. stock'
do
do

161
100

1873

Nov/73

130

Over all liabilities, Including re-insurance, capital and profit scrip,
t ‘26 per cent in scrip and 5 per cent, in cash.

Floating debt stock

1890

_

80

100
75
100
98

97
lan., ‘74..5
75
Jan., ’74 5
80
‘an. ,’74. 6
60
fan., ’74 .5
Feb.,*74.10 160

20

5
0
6
0
4

230
75
160
100

125

Ian., ’74.10
F'eb.. ’74.10
J <n., 74. .8

5

0
6

'74

lan., ’74.10
Feb.. ’74.10
J an., *74.
lan. ’74..5
Oct./ ’73. .6

18

6

97
100

91

Jail., '74.10

5

0

....

75

iso

Jan., ’74..5

26
.

90
?0
.

114
250
70
150
97
75 4
95
70
95

Jan., ’74.10

20
20

3V
io
18
’3
20
14
ii
16
12
12
12
10
2
10
1
0
3V
6
20

...

96

Jan., ’74..5
Jan,, ’74.^5
.Jan., ’74 .5
Jan., ’74. .5
Jan., ’74.10
Jan., ’74..5
•lan., ’74. .5
•la -., ’74..7

6 g.
6

January & July,
do

do

do

do
do
do
do
do
do
do

do
do
do
do
do

do

January & July,
do
do
do

do
do
do

Jan., May, July & Nov.

1870-80
1875-79
1890
1883-90
188-1-1911
1881-1900
1907-11
1874-98
1874-95
1871-76
1901
1878
1894-97
18“3-75
1876
1889
1879-93
1901
mss
1879-82

Ask.

1872-91
1885-91
1881-95

1872-95
1911

1915-24
1881-1902
various
various

18771899-1902
1872-79
1874-1900
1875-91

97

'98’
:04X
92
92
95
102
96
96

97
93
93
105
93

9S
98

100
94
1C2

I02V

r

118

70
102
80
95

Jha., *74..5
Jan., ’74..5
Jan., ’74..5

....

.

•

.

ioo

’74.1(1

.

•

110

..

57,883

2<m,(XX)
150,000
200,000
200.000

Jan

80
•

112
2(5
97
80

Jan.,’74..5

t

150

65
90

7V Jan.,’74.. .5
5
Jan.,.’'74.10
Jan., ’14. .7
io Mch./7x Sit
10
20
10

.

2(0

70

24

10
20

10
11
20

9nn non

10

10
15

74,470 10

100
20
20

5
4
10

io

18,336 10
87,540 20

35,438
77.573
85.087

io

10

io

200,000

.

io

,

ftf f

115
145
115

Jan., ’74. .5
Jan., ’74..5
Feb.,’74..5
•Jan., ’74..5
Jan., ’74. .5

...

5
.

53.082 10
147.745 14

Or.

170
190

.

....

20

200
^

....

50
50
m
50
50
7V
35

100

Dec ,’73.10

12V 12V Jan ,’74 TV:
* 28 Jan., ’74.25
8V
Jan., ’74.-5
17 V 20
lan ,’74.. 1(1
15
10
Jan., ’71. fl
8V 10
10
.Fan., ‘74. .5
5
10
Jan., ’74. .5

MechaniC8’(Bklyn)

Montauk (B’klvnl.
Nassau (B’klyh)..
National
N. Y. Equitable...
New York Fire
N. Y. & lonkers..
Niagara
North Elver
Pacific
Park
Peter Cooper

.

10
n
20
10

is

Mercantile
Merchants’

•

5
10
9V
10
10

5
12

59,418
22,533

20

is

....

260,705 io

2 0,000

20

10.)

•

10
10

250,(XX)
200,000
150,000

25
1(H)

.

15

.

3t>,766
74,204
21,755
70,493 10
15,645 10
188,218
257,122 io

200,000
200,000
yon non

20

80

75
95
180

....

200 000

250,000

100

20
Feb.,’74.10
20
20
20
Jan., 74.1C
33 V 13
1SV 7
Jan./74.9V
14
Feb.,’74.1(
14V 14V 20
14
17
14
10
Jan., ’74..r
10
10
10
J«n., ’74. .5
10
10
5
11
Jan., ’74. .5
10
11
5
10
•Jan., ’74..5
20
18
8V 8V Jan. ,’74...f
20
20
20
20
Oct., ’73.10
10
10
10
10
J J)., ’74 .5
10
4
10
‘an., ’74..5
7
•Jan., ’74..5
5
5
20
io
•Jan., ’74..5

227,832
193.994

•

.

6
10

65

•

80
115

Jan., ’74..5

100
25
50

Lorillard
Manuf & Builders’.
Manhattan
Mech.&Trad’rs’

Market stock..
Soldiers’aid fund

May ,’74
•

Askd

j 122

300,000
125.0X1

Bid.

100

Jan., 74

7
7

7
2
Q.-F.
J.&D.
7
F.& A. ~~7
A.&O.
7
M ,&N.
7
5
M.&N.
J. & J.
7

J. & J.

Last Paid

Bonds due.

•T. & ,J.

Q-F.

Price.

105

1884

7

Q-F.

M.&N.

1,000,000

'74. 140
’74 1 ....

*

J. & D.
J. & J.
J. & -J.
M.&N.
A.& O.

204.000
150,000
150, (XX)
200,000

Rate.

J. & J.
•J. * J.

yTbiK column shows last dividend oil ctocks, but date of




Feb., ’74.

200,(X 0

•

200,000
300,000

Williamsburg City.

Jan., ’74.
Jan., ’74.
Mch.16,’74

15
50
50

48,768
318,257 20
10,462
214,850 16
22 i,865 20
•

50

Sterling
Stuyvesant.

175

200,000
3(0,000

.

Long Island(Bkly.)

Star

215

200,(XX)

150,000

St. Nicholas
Standard

Apr. 15/74

17
10
10
100
100
50
5(1
25
100

13
45/287 12
10
15,193

250.000

200,000
153,000
300,000
210,000
250,000
800,(XX)
200,000
50
200,000
100 1,000,000
40
300,000
100
200,000
30
200,000
51
200,000

5
14

17
12
10

200^533

200,000
150,000

Republic

Askc

1(X
25
5(
25
1(X
25
17
20
70
:oc
80
IOO

10

6 5QR

50

..

....

1,161,000

*

s

85

150
144

Jan. 15.’7i

187 2 1377

15,295 10

200.000
200 000
400.000

100
25

Lamar..
Lenox.

Metropolitan

Bid.

187() 187

1874.*

QS 8^4

Lafayette (B’klvn)
;
!...

,

90
......

25
101
sc

Knickerbocker

I!5
101

iou

152
145

2* Feb.,

.

500
Central Pk, N. A E. Hirer—stock 100
st mortgage
1000
id
do
1000
Cmeylslajid tf: Brook'n—1st mort !000

Kings Co. (B’klyn)

85

Jan. 2/74...4
Jan. 2/74...5
Nov. 1/73.. ,5j 139
Jan. 2,’74...4'.

900,(XX)

do
do

Hope

•Jefferson

128

126

Last
dividend.

Dividends.

Interest.

Q-F.
M.& S.
F. & A.

,

3rd

t

132

119

103. Nov. 1/73

664,000 i J & J.
Broadway <fe Seventh Ave—stock. 100 2,100.000 ,J & J.
1st mortgage
100c 1,600,000
J. & D.
:o 2,000,000
Brooklyn City—stock
Q-F.
1st mortgage
1000
300,000 J. & J.
100
J.
& J.
Broadway (Brooklyn)—stock
200,000
Brooklyn A Hunter's Ft— stock... :oo
40-1,000
1st mortgage bon is
1000
J. & J.
31X1,000
Atlantic An Brooklyn— 1st mort. 500
A.& ()..
115,000
id

Firemen’s
Kiremen’8Fund
Firemen’s Trust...
Gebhard
German-American
Germania
Globe
Greenwich
Guardian
Hamilton
Hanover
Hoffman
Home
Howard

.....

108

Rate.

Eagle
Empire City
Exchange
Farragut

Importers’* Trad..
Irving

117
120

120
62

[Quotations by Charles Otis, 47 Exchange Place.]

Brooklyn Gas Light Co
Citizens’ Gas Co <Bkl> n

Continental......

..

,..

and City K.lt. Stocks and Bonds.

Par Amount. Periods.

•

Uo
ios
95

130
...

.'

*

Jan.2,’74.2Vg

8
12
11
8

10
4

108
175
93

150

126

Feb.9.’74...4
Jan. 2,’74...3
Jan. 2/7L..5
Jan. 2/74.. ;6
Jan., '74...4
Nov.10/73.. 4

8

8

......

1065,

..

12
12
12
10
7
8
S
6
10
12

•

....

Apr.i0’74...4

Jan. 2.'74...4
Jan., ’73. .8
Jan. 2 '74
4
Jan. 2,'74.3V
Jan. 2/74...6
Feb. 2,*74,..3
Jan. 1/74...6
Jan. 2/74...5
Jan. 2,'74.3V
Feb. 9/74.. .4

9

12

.

ios

2/74...5
Jan. 2, ’74.. .6
July 1/73...3
May, *78... 5

8

8

•

Nov 10 ’73..4
Jan.

14
6
5
8
8

5
9

5

.

......

•

Citizens’

Clinton
Columbia
Commerce Fire..
Commercial

12C

Jan. 2 :74.. 4
Mch. 1/74...4

14
8
12
7
10
10

8
12
10
10
8
10
10
8
6

...

......

Broadway
Brooklyn

City

....

.Jan., 2,’74...5

Q

10

s

Jan. 2,‘74.3V
Apr. 1. 74.2)*
Jan. 1. 74.. .5
Jan. 2, ’74.. 4
Nov. 1/73...5
Feb. 1/74...3
May 1/73. .5
Nov. 1. ’73.. 10

7

.

76
125

Feb. 2/74. ..5

Jan., ’74...4
JulylO,’73.3V
Jan. 2,’74...4

A-.

..

’7'J .3 L

Jilly

10
12
7

16
6V
8

Adriatic
./Etna
American
American Excli’e.
Arctic
Atlantic

140
102
135

101

Jan. 2/74...5
Moh 1 ,’74. .16

Jan., 2,’74...5
Nov.,l,’73..U)

Bui1

iis

3V July. 1’73.3V

Q-J.

500 C0-3

1,800 000
2,000,000
1.000,000

36
10
20
8

111ns

J. & J.
J. & J.

300,000

2

Q-J.

24
16
10
8
12
100
10
20
8

J. & J.

200,000

1

24

Q-J.

*200,000
1

10
8

J. & J.
M.&N.
J. & J.
J. & J.
J & J
f '. & a '.

3.000,000
200,000
500,000
100
500,0(10
100 1,500,041
100
200,000
100 1,000,000

Peoples*

Gas

400,000

0

10
8

ftv.

1,000,000
10,000.000
750,000
2,000 000
1,000 000
100,000
1.000,000
350,000
200,000
150,000
S

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

t

PLUS,

Jan. 1,
Par Amount

America*
American Exchange.
Bowery.
Broadway
Bull’s Head*
Butchers & Drovers
Central

Ne

103V

102 V,
92

102V
94
102
102
U2
!' 2

102V
92
97
37

88
95

■98
98

$600,000, and are
The com¬
pany own also four steamboats used on the river service.
A full inventory of the property, including these steamers,
owned by the company appears in the published report. Other

agent, New York. These were purchased for
paying a reasonable profit on the investment.

Snoestments
AND

STATE, CITY

AND

CORPORATION FINANCES.

railroad and appurtenances, the aggregate valuation is
$4,104,990, against these securities and investments the company
have liabilities, direct and contingent amounting to £15,179,000;

than the

AND BOND TABLES.
1. Price* of the mo»t Active Stocks and Bonds are given in the “ Bank
Full quotations of all other securities will be
era’ Gazette,” previously.
f ound on preceding pages.
2. Government Securities, with full information in regard to each
ssue, the periods of interest payment, size or denomination of bonds, and
numerous other details, are given in the U. S. Debt statement published in
EXPLANATION OF STOCK

c

OPERATIONS AND

fiscal Year Ended November 30, 1873.)
up 7,196 and down 8,250: and way
of all passengers 131,404, a de¬
Total
from previous year of 37,715.
Freight Traffic.—Cotton, through to Savannah 387,082, and way to Savannah
52,744 ; and Macon and stations to Augusta 10,038. Total 449,864 or an increase
previous year of 47,860 bales. And the following designated articles of
merchandise—yarn 7,716 bales ; domestics 7,716 bales ; wool 96,275 pounds; hides
336,550 pounds; leather 108,080 pounds; feathers 379 pounds; tobacco 689,999
pounds; bacon 4,218,761 peunds, corn 87,862 bushels; paper 151.868 pounds;
\vheat 3,853 bushels; flour 22,967 barrels, and 501,625 pounds; cattle 2,266 bend,
bogs 1,422 head ; horses and mules 1.928 head ; lard 430,888 pounds; wood 3,280
cords, and timber and lumber 8,262,000 feet. Also, guano 94,358,025 ; salt 7,656,06S and lime 579,230 pounds.
Gross Earnings.—Central Railroad, $1,780,116; Atlanta Division $748,096;
South-western Railroad $S95.968, and Upson County Railroad $12,340. Total
$3,437,420.
Operating Expenses.—Transportation $634,858; motive power $710,365 ;
$259,845 ; repairs of road $949,275 ; stock killed $22,276 ; incident¬
{Returns for the

each month.
Bank, Insurance, City Railroad and
quotations, will usually be published the first three
immediately preceding this.
Tables of State Securities, City Securi¬
ties, and Railroad and miscellaneous Stocks and Bonds
will be regularly published on the last Saturday in each month. The publi¬
cation of these tables, occupying fourteen pages, requires the issue of a
supplement, which is neatly stitched in with the usual edition and
to all regular subscribers of The Chronicle.

crease

over

furnished

Missouri

Finances.—The St. Louis Republican says that the
passed a law authorizing the Governor to

Missouri Legislature

bearing six per cent interest
the bonds that
bonds are to
be registered and to liaVe coupons attached, and are to be signed
by the Governor, the Secretary of State, the Auditor, and Treas
They are to be issued to the Fund Commissioners, from
time to time, in such amounts as may be needed, and only such

prepare

$1,000,000 refunding bonds,

cars

running twenty years, with which to take up
become due in July and January.
These refunding
and

als

Net

$61,489, and repairs

Earnings from

be issued as

Capital stock,

shall be needed.

Central Railroaii & Banking Co. of Georgia.—
During the past year the Macon & Western
consolidated, as contemplated by the lease of May 25, 1871,
the Central, and is now operated as the Atlanta Division.
Perry and Blakely extensions of the South-western
have also been opened, the first from Fort Valley to Perry
miles, and the latter from Albany westerly to
miles. The grading and bridging between Arlington &
12 5 miles is also finished.
The total length of railroad
belonging to the Central system of railroads, covers a
708.5 miles; and including the Vicksburg and Brunswick
road 21 miles, the Company have immediate supervision

Railroad has been
with
The
Railroad
12.5
Arlington 35.5
Blakely

CONDITION AT CLOSE

consolidated

OF YEAR.

$
in 18S0

1,000 $7,600,000
993.000
1,672,000
300t000
150,000— 3,116,000

286,600
32,103
27,531

Dividends unclaimed
Forwarding account

Freight accounts, other roads
Railroad Earnings—Central
Railroad
“

now

Rail¬

over

729.5 miles.

system may be divided

railroad business

Bonds of 1852, past due
Bonds of 1965, due in 1875
Bonds of 1872 (conjoint), due in 1893
Bonds for Steamships
Bonds of Macon and Western R.R., due
Fare Notes, Central Railroad

length of

i:S

2,689,158
$748,262

'

of buildings $51,050

FINANCIAL

urer.

amounts to

FISCAL RESULTS.

Passenger Traffic.—Through passengers:
passengers : up 62,496 and down 03,402.

The Chronicle on the first of
3. City Bonds, and
Gas Stocks, with
weeks of each month, on the page
4. The Complete

if

[April 11, 1874

THE CHRONICLE

374

and des¬

748,996

“

“

Atlanta Division

“

*•

“

“

Upson County R.R.
Savannah River Wharf

Profit and Loss.

33,876

$1,745,728
895,968

Southwestern R.R

12,340

34,388— 3,437,42 >

112,20)

^

$14,545,738

Total Liabilities
Railroad and appurtenances

i294.5 miles)
Railroad Steamship (6) Line

Cential
Real Estate

.'....$600,000
167,480

7,500,000

122,000 ,
94,904
98,736— 1,083,120
Central R.R.—Savannah Division: Savannah to Macon
102.0 miloB* Steamboats—Julia St. Claiivand Bandy Moore
56,964
Central R.R,—Atlanta Division : Maeou to Atlanta
lo-.o “
Stocks of other companies
$691,960
Bonds of other companies
72,500— 764,460
Augusta and Savannah R.R. (leased)---Augusta to Milieu.. 53.0
Cash $1,078,183 and bills receivable $20,248
Milledgeville & Eatontown R.R. (leased)—Gordon to Eaton*
1,098.431
30.0 02 0 “
United States $411, and 1’. O. Department $4,*965
5,376
Southwestern R.R. (leased)—Macon to Eufaula
143.0 “
by Treasurers and Agents, $191,068, and by other roads $007.540...
798,608
Columbus Branch—Fort Valley to Columbus
71.0
Purchasing Agent
2,926
Railroad Expenditures
2,089,158
Perry Branch—Fort Valley to Perry (opened Feb., 1873).. 12.5
Albany Branch—Sinithville to Albany
23.5
Rent, South-western Railroad
.$18c,90S
and Western Railroad
125,0)0
Blakely Branch—Albany to Arlington (opened July, 1873).. 35.5
Gaines Branch—Cuthbert to Fort Gaines
20.0—102.5 “
Augusta and Savannah Railroad
73,0)0
Blanch Railroad
14,090— 397,908
Upson County R.S. (leased)—Barnesville toThomaston
16.5 “
The constituent
cribed as follows:

lines of this

Depot Lots

and Right *f way

Improvements on same,
Savannah River Road. ...* *

in Macon

town

Due

“

Macon

“

Fort

“

length of road owned
Brunswick <fc Memphis Railroad
Total

Total length of

708.5 “
21.0 “
720.5 “

and leased..

railroad controlled and

The earnings and expenses of
with those of the South-Western
for the year 1872-73 arc thus

operated

the Central Railroad ancfcBank
and Upson County Railroads

stated :

4

■

f

'

'

South-western

Railroad

Upson County

Railroad

•.

■

Total of Railroads

and Bank

“

Expenses. Profits.

$1,780,116 $1,201,710 $488,406
748,996
697,474 51,522
51,07S
22,043 29,035
895,968
6S7,548 208,420

12,340

12,427 (loss $87)

$3,489,308 $2,712,102 $777,296

129,027
20,160— 149,187
$14,545,738

Central Railroad Bonds
Railroad Bonds

M. & W.

Total

Property and Assets

The following

is the balance statement
of the year :

of the Central Railroad

Bank at the close
Notes

Earnings.
Central R R.—Savannah Division
Central R.K. —Atlanta Division....
Central Ra. ;<>ad Bank

Eatonton

Interest,

discounted and bills re¬

ceivable
Bills of Exchange
Due by Railroads
Real Estate
Stock

Central Railroad
$565,961 Individual Deposits
19,50f Due other banks

597,35(
15,738

$287,642 and bonds $672,-

372
Due by

900,OP

Premium on Exchange.......
Profit and Loss

305,090
885,693
42,065
6,627
3,390

863,547

106.69<

Agencies

Expenses

Discount on Notes
Discounts on Exchange

$964,681

$22,943, and cash

.

315,52'

.$2,570,789
Total
$2,570,789
properly belong¬
ing to the previous year and extraordinary expenses, fallen into
Cleveland Columbus Cincinnati & Indianapolis.—
this years business $407,000, distributed as follows-.—Savannah
The annual report for 1873, lately issued, shows that the gross
Division $194,000; Atlanta Division$150,000,and South-western
receipts
were $4,887,448; operating expenses (about 70 per cent),
R.R. $63,000. The nett earnings in 1871-72 amounted to $1;186.$3,423,398;
taxes, $127,018; interest on bonds, $229,393; balance
031, showing a falling off in 1872-73 of $308,735. In conse¬
for dividends, $1,107,638; August dividend (3^ per cent), $524,660;
quence of this result no dividends have been paid to the stock
surplus for the year, $582,978. Gross earnings were $314,277,
holders.
about 6| per cent, more than in 1872, and operating expenses
ROAD AND EQUIPMENT.
about 74 per cent more.
Savannah Atlanta So-Western Total of
In order to carry out previous plans
Division.
Division.
Division. Division.
and contracts it was necessary to expend $701,643, and to advance
437.5
143.0
102.5
Main Lino
to the Cincinnati & Springfield Railway the sum of $323,960,
1G2.5
102.5
Branches
108.5
which it was expected to pay for by issues of capital stock not
10.6
Leased lint
exceeding $5,000,000, according to a notice to stockholders given
708.5
305.5
119.0
284.0
Total in miles
in March,
1873.
This plan, and a proposed lease to or
108
34
18
Locomotive Engines
55
contract with the Atlantic & Great Western Railway were
17
10
First-class Passenger cars
29
11
3
15
defeated by injunctions and by a law in regard to railroad leases
Second-class Passenger cars
27
Mail, baggage and express cars..
passed l>y the Ohio Legislature. To supply its wants the com¬
902
231
142
Box freight care
384
131
41
pany therefore sold $425,000 of its old issue of first mortgage
Platform freight cars
50
8
10
sinking fund bonds which had been lieltl and.reckoned as part of
Stock
20
11
its assets.
Except for this the report states that no August
Coal
38
ii
0
21
Conductors’ cars
dividend would have been paid.
The second dividend, payable
12
Road and construction cars
out of the last half year’s earnings and due in February, 1874,
1595
417
237
has not been paid, though the report shows that it was earned.
Total of all cars
There has been a sharp contest for the control of this road
133
cars in the “Green-Line” service,
The
Included in expenses, as

above, are, payments

or

t

•

•

•

•

....

s

6

39

cars

cars

4

O

Company also own

The rates by the Green

difficult to say that any

the
March

and the new party representing
Western Railway, and at the late election,
4,1874, the latter succeeded in electing their board of directors
The law
a
vote of 74,444-out of 132,946 shares represented.

between

the former owners

Atlantic & Great

Line are so low that
profit whatever is realized to the
Company. The Company also own six steamships composing
the line between Savannah and New York—W. R. Garrison, passed in Ohio
Atlanta Divisions.

it is

i V
3 :



*>

last year

by
regarding railroad leases was very

Financial Condition at Close of Each Tear.
1872*
1870.
1871.

conditions thereof, and a suit is also

stringent as to tlie terms and

the lease is yet standing.
A lease or contract with the Atlantic & Great Western, therefore,
may or may not be perfected, but in the meantime the party
pending in which an injunction against

Tin*,

jf.„

Main Lines.-

Funded debt

3,034.500 00

291,950 26
4*28 480 89
270,763 82

882,192 00
94,588 00

1878.

14,991,656 00
3,429,000 00
867,417 76
9,188 99
893,390 19

14,991,275 00
3,005,000 00
916,473 35
529.812 50

310,412 01

14,518,760 00 16,790,544 97 19,752,9P2 86 20,190,646 94
Road,equip.,bld'ngs,&c.l2,697,647 00 13,977,831 44 16.443,161 00 17,143,864 56
Stocks and bonds
710,998 00
1,010.948 40
1.525,177 03 1,701,377 03
Total liabilities

f Cleveland, O., to Indianapolis, Ind

Galenai
tQ’ Coiumbus, O
Branch Line.—Delaware, O., to Springfield, O

Cincinnati to Springfield, O.

282 miles.
59
“
50
“
81
“

Mater'ls & cash

Total

RESULTS.

1,046,716 62

327,018 76

737,9:8 21

16,790,544 97

property & assets. 14,518,760 00
R.
L.
R.
n.

<186.414 74

858,990 61

19,752,972 86 20,190,646 94
1874.

OFFICERS FOR

W. H. Upson,

P. Ranney,
M. Hubby.
M. Shoemaker,
E. Parsons,
W. B. Duncan.

P. II. Watson.

S. L. M. Barlow,
F. Schuchardt,

President, J. H. Devereux; Vice-President, H. B. Ilurlbnt; Secretary and
Treasurer, George II. Russell; General Superintendent, E. S. Flint; Chief
Engineer, Frank Ford; Auditor, A. Ely; General Freight Agent, Lucien Hills ;
General Ticket Agent, S. F. Pierson; Master Mechanic, L. S. Young; Master
Car Builder, W. F. Smith; Paymaster, S. B. Jackson; 'Transfer Agent, U. S.
Trust Co., New York.
.Cleveland, Ohio.
Principal Office

552

Equipment—Locomotives, 130, of which 114 are coal burners and 16 wood
Diirners.
Passenger train cars, 41; drawing-room, 3; sleeping 8; ordinary
passenger, 41; emigrant, baggage, mail, express, &c., 19; total of all passen¬
ger train cars, 71. Freight train cars, box, 1,938; stock, 235; flat, 524; coal, 579;
total of all cars of freight trains, 3.276. Grand total of all cars, 3,347. There
were also on hand 56 freight train cabooses, and 5 derrick wrecking cars
commenced in 1872 were completed during the year.
The equipment for the Cincinnati & Springfield line is as follows:
Locomotives 16, passenger coaches 15, baggage cars 6, U. S. postsl cars 2, box
freight cars 100, stock cars 100, coal cars 100, freight train cabooses 7.

1,474,686 37

J. IT. Devereux,
H. B. Hurlbut,
Stillman Witt,
W. S. C. Otis,

382
170

Miles of track laid with iron rails
Miles of track laid with steel rails

825,690 00

284,425 00

DIRECTORS AND

552 miles.

length equivalent single track
Gauge, 57# inches. Rails, 60 pounds.
Total

hand.

on

Accounts, &c

472 miles.
80
“

length of railroad operated
Second track and sidings
Total

OPERATIONS AND FISCAL

12,791,350 00
3,008.000 00

246,580 00

pliabilities

Surplus

EQUIPMENT.

Leased—Cincinnati & Springfield HR.,

10,760,900 00

Other acc’ts &

Indianapolis road.
ROAD AND

Capital stock

Floating debt

Cleveland Columbus Cincinnati

forming such lease controls the

&

375

THE CHRONICLE.

JApril 11, 1874.J

Detroit & Milwaukee Railroad.—
1

The Detroit & Milwaukee Company have been unfortunate in
their business for the year 1873:
The Winter of 1872-73 was one
of the most rigorous on record, and all the railroads in the north¬

seriously affected by the falling off in traffic and the
of maintenance and repairs. The operating
was also largely reduced on account of the loss in early Spring
27,623,254.
of the Lake steamer “Iron Sides,” which connected the roaa
Freight Traffic— Tons carried, 1,680,588; tons carried one mile, 274,310,194.
with those of the opposite side of the Lake via Milwaukee.
In
Of the above traffic there were 475,560 way passengers and 68,064 through;
September the financial crash came on and paralysed the general
and of freight, 630,482 tons were way and 1,650,106 through. Of the through
business of the country.
freight, 869,551 tons were moved eastward and 180,555 westward.
The result of all these hindrances was
the reduction of the income from the road -to $1,204,877, being
Gross Earnings— Passenger, $831,272 23; freight, $3,735,894 81;
express, $83,032; mail, $86.40105; rents. $60,385 11; interest and
$170,752 less than the receipts of 1872, and $283,917 less than
dividends. $90,46339. Total
$4,887,418 59 those
of 1871.
The cause first named, namely the severity of the
Operating Expenses—Maintenance of roadway, bridges, buildings,
&c, $885,277 82; engines, cars and machinery, $488,705 01; trans¬
Winter, forced the Company to extraordinary efforts to repair
portation expenses. $1,868,569 27; balance of foreign car ser¬
damages, and
far was the road injured that nearly double the
vice, $180,846 03. Total (being 70 04 p. c. of gross earnings)
3,423.398 13 usual quantitysoof rail was required
for renewals—1,000 tons of
Nett Earnings over operating expenses
!
$1,464,050 46 iron and 5,000 tons of steel rail having been used in a single year.
It is supposed, however, that the thorough overhauling the road
Payments out of Income—Iuterest on funded debt..... $229,393 36
Dividend of 3# per cent August. 15
524,660 50
has undergone will suffice for several years to come.
Taxes (if not previously included)
127,018 42— 881,072 28
ROAD AND
Locomotive Engine Mileage— Passenger, 694,735; freight, 3,489,353; construction,
&c., 166,480; total, 4,350,568.
Passenger Traffic.—Passengers carried, 543,624; passengers carried one mile,

west

were

increased expenses

EQUIPMENT.

Surplus for the

$582,978 18

year
Received from sale old 1st mortgage

425,000 00

...

construction or
freight and passenger cars

Expended
For
For
For

bonds
equipment—

on new

new

242,671 59
166,146 97

locomotives

new

improvements Central Tract,
Total, including all other items
new

102,512 25
701,643 07

Cleveland

CLOSE OF YEAR.
$15,000,000
8.350—$14,991,650 00
Less amount owned and held by this Company
3,429,000 00
Funded debt
9,188 99
New York dividends unpaid
459,585 62
Bills payable
FINANCIAL CONDITION AT

Capital stock

Bills audited

407,832 14

f

893.390 19

Surplus

$20,190,646 94
$17,097,222 22

Total liabilities
Construction
Materials on hand
Uncollected revenues and balance of
Cash on hand.

398,709 55

389,355 89
87,705 19

accounts
$300,000 00

Indianapolis & St. Louis Railway stock, cost.
500 I. & St. L. Railway 2d mtg. bonds, cost
188 I. & St. L. Railway

458,750 00
169.200 00

equipment bonds, cost

73,998 40
Indianapolis & St. Louis Railway trustees
464,000 00
464 Cinn. & Springfield Railway 2d mtg. bonds, cost.
469,634 72
Cincinnati & Springfield Railway advances
Stock and bonds of other railroad companies, cost... 154,235 77
33,300 00
37 Columbus Union Depot Co.'s bonds, cost
3.000 00
3 Kpring.& Ul.S’eastern RR.Co.’s 1st mtg. bonds,cost
Merchant’s Despatch Co.'s stock, cost
Woodlands
Real estate not used for road or depots
Pendleton Stone Quarry
Total

2,217,654 09

Note.—The stock of the Great Western Despatch Company, which ap¬
peared in the assets of this company in the report for 1872, was exchanged
during the year 1873 for freight cars of the Great Western Despatch Company;
that company, as a joint stock company, being dissolved and its organization
changed to the co-operative system.

COMPARATIVE STATEMENT FOR FOUR
Road and
Miles of road owned....
Total equiv. single track
Roads leased or c'tr’led.
Total miles

81

81

1873.
391
471
81

391

472

472

472

89

98
67

118
66

130

Locomotives

Passenger train cars....
Freight A construction..
train cars
Locomotive eng.

•

.

.

.

.

.

$

Passenger earnings.
Freight earnings

...

Other receipts

813,830 00

2,269,038 3(5
215,412 69

Car Mileage— Passenger cars run 827,568;
and freight and platform cars 5,096,751,

3,276

3,023

2,390

$
797,917 49
2,873,535 74
247,330 82

3,877,157
$
810,708 64
3,439,999 91
322,462 30

or a total of 6,689,625 miles. Cost
mile 2*15 cents.
Traffic.—Passengers carried 406.933, and freight moved 303,185 tons.
Gross Eai'nings.—Passenger $521,852; freight and live stock $618,280,
mails and sundries $41,334; rent of ro.id between Grand Rapids
Junction and Nunica, paid by Michigan Central Company $14,350
and other rents $9,061.
Total receipts ($6,375 01 per mile.)
$1,204,877
Operating Expenses— Maintenance and renewal of 4way $502,021;

Balance at debit of net revenue
FINANCIAL

4,350,568
$
831,272 23
•

3,735,894 81

Operating

receipts.... 3,328,281 05

expenses.... 2,285.738 05

3,918,784 05
2,587,896 12

1,012,543 00

1.330.887 93

on funded debt
Other pav’ts obligatory

210,000 00

Dividends
Balance to

742,528 00

210,000 00
115,350 63
812,602 00

surplus...deficit57,757 00

192,935 30

Net

receipts

Interest




....

147,772 00

403,066

$425,792
144

-5

$24,272

1873
. •

20,000—

Nov. 22, 1866

4,272

9,662

$439,870

Dec. 31, 1873

preference ($50) shares, secured by mort¬

gage issued upon reorganization. October 24.
Funded debt (see Com. & Fin. Chronicle, Feb.
Balance carried to general balance

i860, $2,095,000

$2,517,140

7,696.387
289,324

28, 1873)

$10,502,851

Total liabilities

equipment
$12,107,868
—Of which $1,954,882 was provided for out of revenue from the reorganization
in October, 1860, to December 31, 1869.
COMPARATIVE STATEMENT FOR FIVE YEARS.
Load and Equipment.
Cost of railroad and

1869.

1870.

1871.

1872.

189*0

189-0

1873.
189-0
217 5

208-6

189-0
210-5

2131

189-0
215-4

Locomotive engines

34

34

34

34

34

Passenger, baggage,

58
520

60
518

57
521

57
502

55

475

578

578

578

559

530

Main Line, miles
Tracks (lncl, sidings)

miles..

&c., cars

Freight, grain, &c., cars
Total of all cars

Operations and Fiscal Results.

320,281 55

3,193,644 84
1,379.526 01
199,631 28
127,934 54

127,018 42

Freight^ &c.,

1,012,312 00
39,648 19

524,660 50

Passengers

582,978 18

$22,726

CONDITION AT CLOSE OF YEAR.

Ordinary stock $422,140 and

4,887,448 59
3,423,398 13
1,464,050 46
229,393 36

4,573,170 85

1,227,603

$394,138
8,928 —

debt in 1873

Balance at debit of net revenue for 1873
Interest (old) issued in 1873
Claims puid for freight lost on propeller, Sept. 15,
Less insurance
Collision of Company’s steamship with propeller

1869.

-

Total gross

baggage, mail and way cars, 765,306*

per

71

Operations and Fiscal Results.
3,270,327
mileage 2,609,033

*

mile 28-82 cents.

Equipment.
1872.
391
466

•••

operated.

YEARS.

1871.
391
457

1870.
391
453

Cost per train mile 3503 and per engine

engine mileage run 818,079 miles.

—

$20,190,646 94

property and assets.

RESULTS.

OPERATIONS AND FISCAL

Train Mileage.—In passenger service 338,354 and in freight service 334,794, or
a total of 673,148 miles.
Piloting and shunting engines 144,928. Total traffic

on year's business...
Interest accrued on bonded
Interests and discounts
:

25,000 00
37,634 92
4,115 31
4.892 11-

—

length of single track
217# miles.
Rail (steel about 50 in-.) 60 pounds.
Equipment—Locomotive engines (passenger 14, freight 16 and switching 4)—
total 34. First class passenger coaches 28; mail, baggage ami way cars 20;
emigrant cars 7; box, grain and stock cars 323; platform cars 151; uuxilliary
car 1—total of all cars 530, being a reduction during the year of 29 cars.
Total

Gauge 4 feet 8# inches.

Deficit

17.892 86

Empire Transportation Co.’s stock, cost.

189 miles.
28# “

»

locomotive power $235,824; cars $144,258; passenger transit. $112,712;
freight transit, $149,597; general charges $41,931, and taxes and in¬
surance $41,260

2,000 00

Hocking Valley RIt. bonds, cost

2 Scioto &

Grand Haven, Mich
Sidings and other tracks....

Main Line.—Detroit, Midi., to

miles
Freight train miles
Passenger car miles
Passenger train

cars,

209,088
283,580
1,721.918

1870.

459,808

315,994

377,769

miles — 4,379,211 4,584,214

carried
Freighf (tons) moved

447,041
317,115

1871.

364,159
326,610
1,734,141
5,756,052
440,239

282,274
286,537
1.743,407

1872.

1873.

.319,912

.338,354

319,129
1,755,264

438,074

334,794
1.592,874
5,096,751
406,933

330,559

303,185

5,014,965

376

[April 11, 1874.

THE CHRONICLE
1869.

Rents, mails, &c,

$
694,251
871,282
50,185

1871.

1872.

$

$

$

638,906

619,178
803,110
85,930

588,175

730,018

521,852
618,280

63,410

64,745
1,204,877
1,227,603

731.847

47,370
1,421 123
917,899

1,507,218

949,351

941,584

1,381,603
939/48

666,267

503,224

565,634

442,155

1,615,618

1873.

1870.
%

22,726

Defldt.
Condition at Close of each Year.

%
452,350
2,095,000

452.350

422.140

422,140

422,140

2,095,000
7,656,388
230,979

2,095,000

7,656,388
183,625

2.095,000
7,696,3"7
289,324

10,090,778 10,‘114,210 10,404,507 10,357,153

10,502,851

387,041

DIRECTORS

$

2,095,010
7 530,047
2)6,813

7,156,387
Total liabilities

%

$

%

AND

OFFICERS

FOR

1873-74.

Hamilton, Can.
Trowbridge. .Detroit, Mich. Donald Mclnnes
Hamilton, Can. Hugh Allan
Joseph Price
Montreal, Can.
Hamilton, Can.
Henry N. Walker
Detroit, Mich. William K. Muir
and
Edmund A. Brush
Detroit, Mich.
Hamilton, Can.
Detroit, Mich. Samuel Barker
Christian H. Buhl
President, Charles C. Troworidge, Detroit, Mich.; Vice-President, Joseph
Price, Hamilton. Can.; General Sun
Mich.; Seci'etary, James II. Muir, Detroit, Mich.; Chief Engi
Mas on. Detroit, Mich.; Bankers, Second National Bank of Detroit, Mich.,
and Agent, Brackstone Baker, London, Eng.
Charles C.

Detroit,

General Offices
London (Eng.) Agency

Wayne Co., Mich.

No. 126 Gresham House, Old Broad street.

Detroit Lansing & Lake Michigan.—The Boston Advertiser
states that the semi-annual interest on $3,219,000 of S per cent
bonds, due April 1, was paid one-half in cash and one-half in pre¬

•

ferred stock.

Eastern and Boston and Maine Railroads.—The contract

Railroads was signed,
sealed, and delivered Saturday, April 4, bv both Boards of Direc¬
tors.
This prevents competition, except east of Portland. By the
terms of the contract, an executive committee of three from each
road will be appointed to take charge of competing business, and
all receipts of whatever description from the specified places will
be kept separately, and and from them each road will reserve 60

between the Eastern and Boston and Maine

cent of its own receipts, the remaining 40 being placed ih a
fund to be divided equally. The contract takes effect
May 1, and the time changes on both roads will be made a month

per

common

later.

Eastern Railroad.—At

Northern Pacific Railroad.—A settlement was completed
April 6 between the Northern Pacific Railroad Company and the

Jay Cooke & Co., whereby the advances made by the
former ore discharged by the acceptance of the
company’s first mortgage bonds and other securities. This settle¬
estate of

latter to

the

leaves the railroad company
debt to be provided for.

ment

with only

a

nominal floating

Norwich & Worcester.—At the annual meeting of the Nor¬
wich & Worcester Railroad Company, on the
tion was adopted authorizing the directors to

14th ult., a resolu¬
borrow n oney and

buy all the stock of the Norwich & New York Transportation
Company which they could legally hold, in order to secure the
maintenance of the line as a competing line to New York and the
South.

Plymouth Kankakee & Pacific.—For some time past the owners

of the bonded iudebtedness have taken legal steps looking to the
collection of their debt, and selling the road upon the mortgage.
The indebtedness amounts to about $400,000, and a meeting was

recently held for the purpose of agreeing on a new basis of settle¬
The floating indebtedness is to be paid off by placing
certain bonds in the hands of trustee, sufficient to pay them ; and
it was further agreed that the franchises may be sold out.
Portland & Ogdensburgh.—A late article in the Springfield
Union gives a very good account of the present condition of this
ment.

road

follows:

as

On the Eastern

or

New

Hampshire the road is completed, and

Bar¬
rails will be laid six miles fur¬
east of the Crawford notch of
eight miles from the present
the Crawford notch is the big
job of the whole enterprise. Here twelve thousand yards of solid
rock have got to be dug out.
This work is now about a quarter
completed, and it will be pushed as fast as possible, a gang of 250
to 300 men being thus early employed. By the first of September
trains

are

running regularly from Portland west to Upper

tlett, N. Hy 72 miles. By June 1
ther, to the old C/awford house,
the White Mountains, and only
Crawford House. At the gate of

two miles of the Crawford House ;
work is to be commencad this month west of the Craw¬
ford House, which is a comparatively easy section, there is every
division will be com¬
reason to believe that the whole Eastern

rails will be laid to within

and,

as

before January 1, 1875. The condition of the Ver¬
quite as satisfactory. This division is 117 miles
long. Over 60 miles of this distance, from the Connecticut River
to West Concord and Hyde Park, trains are now running regu¬
larly. Five miles more are completed at the extreme Western
end ; 25 miles more are ready for the rails, while the grading of
the whole line is nearly completed.
This division can easily be
put in readiness for through business, it will be seen, by the time
the eastern division is ready.”
The managers of this road are anticipating a large through
business on its completion, and they base their expectations on
the existing contract of traffic guaranty with the Eastern Rail¬
road, on the large summer travel of pleasure seekers, and the
heavy freight traffic from Montreal to Portland in Winter. The
grain business of the latter city seems to be in a fair way to
increase in future to very large proportions.
St. Joseph & Denver City.—It is expected that the suit for
foreclosure of the mortgageon the Eastern Division will be heard
in the United States District Court at Omaha, Neb., early in May,

pleted

on or

mont division is
a

special meeting of the stockholders

of the Eastern Railroad held in Boston it was voted to ratify the
issue cf the bonds of the corporation to the amount of £200,000

sterling and interest heretofore made under authority of its
directors, and also authorized the further issue by its directors of
an additional amount not exceeding $400,000 sterling,
said bonds to be made payable within a time not exceeding 20
years from their date, with interest at six per nent per annum

its bonds to

payable semi-annually.
Memphis & Charleston Railroad.—It was stated recently
that the “ Southern Security Company ” desired to surrender its
lease of this railroad, as it had its Richmond & Atlanta Air Line.
The Memphis Appeal of the 1st inst. says: The Charleston Rail
road goes back to the stockholders.
We hear that the final
arrangement was extremely satisfactory. Something like $160,000 was claimed as coming to the stockholders if they took the
road back.
We hear that they get $70,000 in money. 3.500 acres
real estate, and other property to the amount of $120,000.
The
road is restored with a portion new ironed, the rolling stock
increased and improved, buildings in better condition, and sewers
and bridges improved.
This leaves no loss by the new arrange¬

and of both divisions in the same
in the latter part of the month.

St. Louis & St.

Joseph.—This

Court at

company

Leavenworth, Kan.,

has been reorganized

& St. Louis, under the Missouri State law.
Gouldy, of the purchasing committee,examined
ment.
The stockholders meet on the 19th to vote on the ratincathe property, and wiil soon make a report.
tion of the settlement.
Union Pacific.—The income bonds of this road, amounting to
Montclair Railroad.—On Saturday, April 4, the auction sale
$10,000,000, mature in September next; and the company is now
of the Montclair Railroad took place at Taylor’s Hotel in Jersey
offering to excaange them for an 8 per cent, mortgage bond,
City. The best bid was $16,000, from Mr. A. Guest, a Wall secured
by a lien on the road, subsequent to the first morigage
street broker, at which it was sold to him.
There are two mort¬ and
.government liens, and ..by a morigage on the lands of the
gages on the road amouting to $3,300,000. In addition there are
several unsettled claims for right of way. Mr. Guest said that company, subsequent to the present land grant mortgage bonds,
which are now reduced to about $8,560,000 ; and if we deduct the
the road would be reorganized and pushed to completion,making
amount of settlers notes and cash in hands of trustees, the
a terminus
either at Middletown, where it would join the New
amount is further reduced to about $6,360,000.
The incomes are
York & Oswego Midland line, or at Port Jervis, on the Erie line.
currency bonds, the new 8s are payable in gold, with interest at
New York & Canada.—A mortgage for $4,000,000 on this road 8
per cent, in currency, or 7 per cent, in gold on the sterling bonds.
has hem put on record.
The Union Trust Company of New York Six of the new bonds are
given(for five of the old, and the dif¬
is the trustee under the mortgage.
ference on the first coupon due in September will be adjustedjby
Northern Central.—A general meeting of the stockholders of paying the difference in cash, so as to make the amount received
the Northern Central Railroad Comrany was held in Baltimore at that time the same as on the coupons of the income bonds.
April 9 to take into consideration the proposed leasing of the The Union Pacific incomes have been without exception the
road to the Pennsylvania Railroad Company.
The Northern most profitable railroad bonds in this market. They have bad no
Central stockholders demand that eight per cent shall be guaran¬ security by mortgage, but the interest has always been paid, and
teed on their stock, and the Pennsylvania Company only offers the company’s present proposition for an exchange seems to be a
six.
The stock is divided into 116,838 shares, of which the Penn¬ very fair one. The result of the plan is simply this—that a party
sylvania Company owns 48,420 shares, At the meeting Mr. holding $5,000 of income bonds, instead of receiving $5,000 in
Cameron, of Harrisburg, President of the Northern Central Rail¬ currency Sept. 1, 1874. receives $6,000 in twenty-year gold bonds,
road Company, read an offer from Mr. Thomson, President of the paying interest at 8 ner cent, currency, or 7 per cent, gold per
Pennsylvania Railroad, proposing that his company should lease annum, and secured by mortgage, subsequent do existing liens,
the former road at six per cent.
This offer, after discussion, was on all the company’s road and lands. The Union Pacific has
rejected, and a comnuttee of five was appointed, turn from Balti shown a progressive business during the past four years ; and
more and three from
Philadelphia, to determine, first, upon the its net earnings have increased from $2,947,862 in 1870 to $5,291,advisability of leasing the read at all, and secondly, to see if more 242 in 1873. Its annual interest liability is about $3,300,000 (ex¬
liberal terms cannot be obtained from the Pennsylvania Company. cluding Omaha Bridge bonds), and this would leave a surplus in
It was resolved to authorize the Board of Directors to creaie a earnings of $1,991,242 in 1873 over and above liability for interest,
consolidated mortgage of $10,000,000 to secure bonds of that The company issues no complete report, as the brief annual state
amount, $2,000,000 of which was to be devoted to the payment of ment published is scarce y more than a few general remarks upon
the floating debt of the company, and the other $8,000,000 to traffic, containing no balance sheet, nor details of operations. It
provide Mich terminal and other facilities and improvements and is greatly to be legretted that so prominent a company, whose
equipments as may be necessary. These bonds are to bear such securities are so widely distributed among home investors, should
rates of interest and to mature at such times as the Board of
thus fail to give a full yearly report of- its affairs, and we trust
Directors may decide,
that this defect will soon be remedied.




St. Joseph
Messrs. Hassler and

as

the

April il, :874.

till)

e

€o

nun

Exports or Leadlux Articles from New York..
The following table,compiledfrom Custom House returns,shows
the exports of leading articles from the port of New Yonfe since

Mi c i a I ® i m c s.

January 1,1874, to all the principal foreign countries, and also the
totals for the last week, and since January 1. The last two lines

COMMERCIAL EPITOME.
Friday Night, April 10,1874.
Provisions have lost much of the speculative spirit noted in

last report, and prices of pork and lard (the leading specu¬
lative staples) have reacted from the highest points, while the
whole market for hog products has become comparatively dull.
Some lots of bacon purchased for export having been resold on
this market, the export of hog products from October 28 to
our

April 7 from the principal ports, as compared with the exports
from all United States ports from November 1, 1872, to April 7,
1878, have been
Pork, lbs
Lard, lbs
Bacon, lbs

.

Total

show total values, including the
those mentioned in the table.
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31.879,800
107,831,726
215,421,149

656,600
24,362,173

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Sugars have been in large supply, and raws
have declined £c. to 7-§@7fc. for fair to good refining Cuba, and
standard crushed refined at 10£c. The movement in sugars has
Bags.

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Cork for orders 6s.

3d., and a smaller one to Bristol Channel at
6s. Late petroleum charters include two large vessels with
refined to German ports at 4s. 6d., aqd cases to Alexandria at 35c.
Hides have been strongs with a sale of dry Buenos Ayres to
arrive at 27c., gold.
Leather is easier. Whiskey closed lower
at 95£c.
Stearine is firmer at 9£@9|c. for prime Western.
Domestic seeds have been dull and unsettled, but Calcutta and
Bombay linseed sold to the extent of 23,100 bags at $2 65(o;$2 70
gold, cash and 60 days.
Rosin has been firm, but spirits turpentine show some depres¬
sion. The stocks of naval stores at the principal points are said
to aggregate 123,000 bbls. rosin, 10,000 bbls. spirits turpentine
and 18,500 bbls. tar.
To-day, rosin was very quiet, and strained
declined to $2.45, spirits turpentine also was lower and dull at

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Stock
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Liverpool steamers, and some improvement in the general market.
The recent liberal supplie3 of grain to go forward to Great
Britain have materially reduced the extent of room seeking
employment. To-day rates were unsettled; lid. asked and lOd.
bid for wheat to Liverpool by steam ; three loads of wheat were
shipped to London by rail at 8d.; a large vessel witli grain to

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April 9, 1874
52,893
54,055
182,622
April 10, 1873
30,662
32,932
129,686
3,212
There was a sale -of cloves at 45c. gold. Layer raisins have
moved slowly at $2 50.
In currants there was a decline to 6c.,
with 400 bbls. sold at that figure.
Tnere has been an advance in rates of ocean freights by the

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declined, under a dull trade, and an accumulation of
supplies, which now aggregate for the United States about
260,000 mats and bags. Rio is quoted 19@23c., and Java 25@27c.,
both gold. It is stated that at the West a concerted effort has
been made to check the consumption of coffee until it shall be
soldfat lower prices. Rice has been without new feature. Molasses

Sales past week

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Coffee has

Total

CO E-

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“(2«

light stock, and though the demand has been limited,
prices have ruled firm.
The New York State cheese fac¬
tories ‘have resumed operations for the season.
To-day pork
was jobbed at
$17 for new mess, and. 1,000 bbls. sold at
$16 75 lor May, with June offered at $17, a decline in each case
of 25c. per bbl.
Bacon was quiet at 9$(a)9 7 l-16c. for long clear.
Cut meats without new feature.
Lard at a slight decline was
very active for the future, the sales aggregating 7 or 8,000 tcs.
prime Western steam at 10c.@10 1-J.6c. for April, 10ic.@10 3-16c.
for May, and 10 5-16c. for June.
Cheese quoted 14@16£c. for

April 2, 1874.
Receipts past week

oonejeooj-irHt-Wio

in r->

05

1872-3.

hogs packed to Mar. 21
5,466,004
5,383,810
82,194
Beef has been firm, but less active.
Butter has materially
declined under large receipts of new.
Cheese is in very

Stock

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132,193.899
245,975,438

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Exports since Jan. 1—

1874.

From New York
Other ports
Total
bame time 1872
Same time 1871

galls.29,611,228
15,776,903

1873.

23,119,713
9,748,250

galls.45.388,131
32,867,8&3
.galls.25,946,330

•

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28,196.671

8

To-day, refined under a very poor demand, fell off to 15|@15fc.
for April.
Crude also was easier and quiet, at 7@7^c. in bulk
for this month’s delivery.
Metals of all descriptions have been at a stand still. There
has been a very fair business in wool, especially in California.

fi

clip, of which sales aggregate about l| millions, at 16£@28c.
Kentucky tobacco has been less active, the sales for the week
aggregating only 250 hhds., of which 200 were for export and 50
for consumption. Prices were a trifle easier at 4£@6c. for lugs

Fall

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and

6£@13c. for leaf/ In seed leaf there has been a better busi¬
ness.
Sales—crop of 1870. 156 cases Connecticut at 5£@0c.; crop
of 1871, 30 do. at 42c. ; crop of 1872, 100 do. Ohio at 6£@6£c., 115
do. Pennsylvania at 7£c., 50 do. State at 5fc.; and crop of 1873,
18 do. Connecticut at 6£c.; and 100 cases sundries at 10®30c.
Spanish tobacco was more active; sales 500 bales Havana at 75@

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[April 11,1874

THE CHRONICLE.

378

Stock.

Exported to—

Imports of heading:

Articles*

1873

Jan.1,’74.

Jan.l,174. time 1873
China, Glass and

Coal, tons
Cocoa, bags
Coffee, bags
Cotton, bales
Drugs, &c—
Bark, Peruvian..
Blea. powders...

2,252

4,355

7.732
87,189
5,100
2,00!*

16,428

Hardware
Iron. RR. bars...

Lead, pigs

174,02!
12,093

Spelter, lbs

1,666
5,947
4,880
414,994

Tiu, boxes.
Tin slabs, lbs...

8,979

14,167 Rags

373,563
1,867

343

Texaa.l

...

New Ybrk...

2,228

777

1,114

68,241
45,721
276,001

161,626
120.716

51,283

The exports this
bales to Liverpool;
•

Contin’t

*

*

*

*

,,

f

„

„

*

1.805

„

811

204

2,105

....

1,619,049
25,399
149.938
460,456

409,623

all the

1,543

Gambiar

8,853

Gum, Arabic
Iudigo

1.01)6

377

286

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

17,410 Fancy goods..

11,470
8,295
10,966

57,463
3),485

$540,499

$672,235

2^4
909

....

Fish

10,514
14,081
2,541

2,364
1,712

cloth

28,311
22,115
4,851

Corks

174

317

1,966 |

Oranges

1,168

Nuts

1

18,060

7872.

1102,229

276,593

Texas
New York

96,078

84.422

712,723

574,873
319,110
407,503

....

Florida
No. Carolina

.

Virginia

119,802

Other ports..

;

Total this year 3401,774

404,723
601,381
3,810,649 3,991,089

Raisins
44,720 ; Hides, undressed..
Rice
476 Spices, &c.—
3,9661! Cassia

1,22)

from Norfolk 2,105

Coast¬

For’gn.

Total.

206,409

£62,509
89,419

197,164
3,246
86,116
33,917
13,028
7,985

45<5,936
57,940
139,904
199,452

151,154
356,038

28,233
86,737
137,817
36,005
25,405

....

5,953
8,280
54,921

•

•

•

200,187

Stock.

128,238
149,734
160,958
199,268
80,209

238.962
46,877
88,596
55,684
60,755

869,3.8

•

•

125,653

.

35,910

2,250
9,948
88,000

412,015

493,957 2198,011

1178,775

606,225

1396,032 1232,363

518,307

5,128
17,855

384,288

199,494

•

12,4-43
6,326
13,408
72,841

368

•

291,471

1312,250

2'2,7.,7
371,180

wise
Ports.

....

65

1412,533

••••

3058,375

Total last year

8EPT.1TO—

Other

Britain. France.

1036,580
293,626
325,686
398,394
612,516
557,104
SC4,173
335,395
91,810
145,859
11,021
12,448
49,995
44,752
846,961
436,508
41,459
41,185

.

........

Charleston....
Savannah

21,424
440,611

Lemons...

492,217

....

1

Great

New Orleans
Mobile

15,611
231,349
48,246

Fruits, <fcc.—

EXPORTED 8INCE

RECEIPTS

HTNnil HTIPT

PORTS.

by

9,419 Cigars

3,195

Soda sal
Soda ash
Flax
Furs
Gunnv

Articles reported
value —
273
195

397

554,246

time a year ago. The
movement of cotton at
ports from Sept. 1 to April 3, the latest mail dates.

1873.

...

1,291

Mudder

524,943
22,298
1,078

876i

60,467

1,956,499

62,029 bales more than they were at this
following is our usual table showing the

98,748

444,230
24,992

10,008
1,13b Waste.
471 Wines, &c—
Champagne, bks.
2,192
Wines
1,373
1,716 Wool, bales

40,000

week under the head of “other por
from Philadelphia 956 bales to Liverpool’;

0024386.1.251
Cochineal
Cream Tartar...

-

379

19,008
41,907
64,292
99,470
45,000

-162,936
39,604

increase

60,408

295,072
1,575,073
36,618

8,505

10,307
7,160

209,655
31,539
32,(151
50,781
56,407
133,183

946

89,381
1.985,413

24,318
408,(106

13,780
213,271

.

1873.

3,173
6,760
5,875
10,581

32,754

40,656
16,373
2,917
9,615
8,0 i 5
7,834
3,971

9,912
2,750
1.120
5,815

9,827
8,749

1874.

bales to Amsterdam.
»
From the foregoing statement it will be seen that, com pared
with the corresponding week of last season, there is an
in
the exports this week of 28,914 bales, while the stocks to-night are

1,819,139

283,438

bbis.

*1,363,533

Savannah

22,798

Steel

3,265
1,884

Total
S’nce 8cnt. 1

Mobile
Charleston...

1,289

Cutlery.;

Other ports*

20,917
9,874
1,797
8,800
6,210
6,819
1,866

NewOrleans.

Same
time 1873

Since

Same

Since

France

G.Brlt.

April 10.

--

in packages when not otherwise specified.]

[The quantity is given

EarthenwareChina
Earthenware. ..
G ass
Glassware
Glass plate
Buttons

Week ending

House return
this port since

The following table, compiled from Custom
■shows the foreign imports of leading articles at
Jan. 1,1874, and for the same period of
:

Total this 8amew’k
1873.
week.

....

with considerable activity
export and speculation
284
Bristles
|
being especially good. On Tuesday dull accounts from Europe
49.639
85,582
1,985
Hides, dressed..
28.6C8 checked shippers and speculation subsided, but there was some
29,152
Ginger
19,849
17,065
India rubber
6,669 revival of demand from spinners.
100,196
Wednesday and Thursday,
642
2J7
Pepper
Ivory
77,791
58,468 however, the market ruled dull and prices weak.
Saltpetre
The advices
Jewelry, &c.—
779
1,138 Woods—
Jewelry
from Liverpool were disappointing to holders, and receipts at our
37,088
141,312
329!
Cork
207
Watches
5,218
24,139 ports were large.
Fustic.
.193,880
To-day there was some revival of business,
255,835
Linseed
212,25<;
105,5C1
Logwood
25,(J06!
21,224
Molasses
upon the rumor of injuries in the South from the excessive rains,
28,100
30,82^
Manogany
but the general features of the market were unchanged.
For
future delivery the opening on Monday was quite buoyant.
Receipts of Domestic Produce.
Much was said by the parties operating for a rise of the actual
The receipts of domestic produce since January 1, 1874 and for strength of the situation as likely to affect the future of cotton,
the same time 1873, have been as follows :
professing to be alike indifferent to, the course of receipts or the
success of “ inflationbut the dull accounts from Liverpool on
Same
Since
Same
Since |
Tuesday and succeeding days, with full receipts at our ports, had
time
1873
Jan.1,’74.
Jan.1,’74. time 1873
very depressing influence, and the close last evening was at
35,575 some decline for this and the next three months; but the business
48,861
»j »—1o
1,952 Oil cake.... pkgs.
Ashes
pkgs.
267
318
Oil, lard...
for the next crop, though limited, was at steady prices.
To-day
Breadstutl's, &c.—
87,305
12,650
..bags.
621,042 Peanuts.
Flour
bbis. 1,044,106
there was a general improvement early in the day, most marked
Provisions1
033.1501
Wheat
bush. 7,521,920
147,226 for the later months, on the storm reports from the South, but
Butter
188,363
.pkgs.
Corn..
3,642,938 1,362,977
129,388
110,875
Cheese...
towards the close the early months fell off to about the prices of
2,142,999 2,097,738!
Oats...,
168,185
310,131
2,173! Outmeats
214,245
Rye
This depression was probably due in great part to
94,465 yesterday.
133,314
374.137
Eggs....
422.333
Barley. &c
59,225
63,655 the Bombay telegrams received here this afternoon, showing the
53,814* Pork....
29,933
Grass seed.bags.
11,653
11,568 cotton receipts there were this week double what they were last
Reef.
14,808)
28;il4
Beans
bbis.
203,920
125,346
Lard
13,430!
99,849
Peas
bush.
The total sales of this description for the week are
11,048 year.
13,152
Lard
.kegs.
83,198
68,407
C. meal
bbis.
7.856
4,390 100,300 bales, including
free on board. For immediate de¬
.pkgs.
298,334 Rice
356,281
bales.
Cotton
85,610 livery the total sales foot up this week 10,600 bales, including
95,430
927
1,192 Starch
Hemp
bales.
5,137
7,714
227,044 Stearine...
181,202
Hides
No.
1,588 for export, 4,308 for consumption, 3,570 for speculation,
4,914 j Sugar
6,560
Hops
bales.
and
231
453
1,200 in transit. Of the above, 558 bales were to arrive.
736.523 Sugar.
948,779
Leather. ...sides

Hair

65,188

Hemp, bales
Hides, <fec—

191,710

200,139

The Exchange reopened on Monday
cotton on the spot, the demand for

in

I

a

•

..

..

..

.

•

21,581 Tallow...

22,303

Molasses
bbis.
Naval Stores—
Cr. turp. .. b

.

16,683

Spirits turpen...

16,141

Whiskey...

.bales.
Dressed Ho gs. .No.

Rosin.

82,774

40,166 Wool

Tar
Pi tcli

24,733;

13,1)62

726

606

•

11,359
39,209

65,661
11,383
106,793

52,562
21,783
93,812

.

3,661

•

12,289
58,925
17,103

..pkgs.

•Tobacco
3,085 Tobacco...

*

telegrams received to-night from the Southern ports
possession of the returns showing the receipts, exports,
&c., of cotton for the week ending this evening, April 10. It
appears that the total receipts for the seven days have reached
50,043 bales against 59,553 bales last week, G3,745 bales the pre¬
vious week and 07,518 bales three weeks since, making the total
receipts since the firstof September, 1873, 3,451,817 balesagainst
3,107,320 bales for the same period of 1872-73, showing an in¬
crease since September 1, 1873, of 344,497 bales.
The details of
the receipts for this week (as per telegraph) and for the corres¬
ponding weeks of the five previous years are as follows :
By special

Now Orleans

bales.

Mobile

Charleston
Savannah
Texas
Tennessee, &c

Florida
North Carolina

Virginia

Total this week

Total since Sept. 1

1874.

1873.

1872.

14,2241,722
2,874
5,780

1871.

1.239

27 S
201

400
58'.

5,991

2,456

2,864

42,490

83,698

5,721

5,143

4,250
9,079

4,629
5,018

809

4,531
2,611
7,906
7,309

5,733

8,824

167
1.351

30
509

78
633

7,0.-5

6,011

3,235

50,043

3,451,817

43,945

3,107,320

35,153

1869.

4,341
4,597
4,511

20,030
3,269

1870.

9,741
3,711
2,317
5,313
3,98 >
4,739

25,473

13,921
3,177
5,292

4,180

-.06

64,158

1",7>6
3,592

2,878

2,499.274 3,418,72') 2,443,586

1,878,188

week ending this evening reach a total of
89,381 bales, of which 51,283 were to Great Britain, 13,780 to
France, and 24,318 to rest of the Continent, while the stocks as
made up this evening, are now 554,246 bales. Below are the
exports and stocks for the week, and also for the corresponding




The exports

for the

week of last season;

13%®...
14%®....
15%®....

per lb.

Ordinary

Good Ordinary
Strict Good Ordinary
Law Middling

16
17

®...
®....

19%@...

13%®....

13%®....
15%®....

’.5

®....

Ixp’t.

Spec-

sump. ula’n

Excha nge

Saturday
Monday
Tuesday

835
511

1,769

1,314

831
925
210
835

347
731

Wednesday....

Thursday
Friday
Total

811

242

1,106

1.5S8

4,308

For forward

Tran¬
sit.

15 15-16

15 15-16

lt’%®....
17%®....
1S%®....

16%®....
17%®....
18%®....

and price of

PRICES.

*

-

V

.

Total.
.

4,615

2,156
1,272

-

941

..

....

3,570 1 1,203

delivery the sales

•

1,682
10,666

Ord’ry. Ord’ry. Mldl’g.
13%
13%
13%
13%
13%

(including

April,

cts.
16 3-16
100 a.n
600
16 3-16
400 8. n....16 7-32
900.
16 7-32

100

1,200

16 7-16
16 15-32

free on board-'
low middling or
is a statement of

For June,
bales.
cts.
600
,...17 1-16

4.400

17 3-16

16%
2,400
16%
16 9-32,
n.... 16 5-16 1 12,600 total April.

4,900
8,100

17 7-32
17%

b.

16 5-16

400
16 11-32
200 s. n
16%
UK) no net.
till 15th....16%

1,000

16%

1,000

16 13-32

100 s. n. ..16 13-32
100 no notice
till 15th..16 13-32

800 no not.

till 15th., 16 7*16

|

For May
16 19-32
16%

5.100

16 >1-32

1.400 7
8,300...

16 11-16
16 23-32
16%
16 25-32
16 13-16
16 27-34

3,900

41,400 total May

400
4.800

17 9-82
17 5-16

;200

17 1 !-82
17%

1,000

For July.
800
17%
900
17 17-32
17 9-16
300...
500
17 19-32
8 8<>0
17%

UW........17 «!•«

17 23-32

1,400

8,800 total July.

For August.
'
500
17 IS 16
100
17 27-31
100
17X

700 total Aug.
For September.

JjK

1,100
-

34,200 tOtaKTune.

ets.
.17 11-16

bales.

17 8-32
17%
17 5-32

16%

16%

...

....

—

16%

n

16
16
16
16

....

1,800
5.600

s.

1,500
200

cts.

1.200.

200
10;» no not.
6th...
SOU no not.
7th

.

2(0

bales.

17
17
17
17
17

16

14%
11 %
14%
14%
14%

....

Mid
dlin°

closed.

Exch ange

hare reached during the week 100,300 bales (all
on the basis of low middling), and the following
the sales and prices :
For
bales.

Low

Good

closed
1,2(0
1

13%®....
15%®....

16%®....
17%®....
18%®,...

SALES.

Con-

Texas.

i5*@....

Below we give the sales of spot and transit cotton
Uplands at this market each day of the past week :

in

Received this week at—

New
Orleans.

Florida.

Middling
Good Middling

Friday, P. M., April 10,1874.

Mobile.

Upland and

19,678

COTTON.

we are

the'closing quotations :

The following are

200

1,300 total Sept.

For October.
1,100....
17
100
100

17M6

’.

"iijioo total

17%

Oct.

379

(THE CHRONICLE

April li, 1874-3

As yet we are only partially successful; but we give
to-night
such as we have, hoping soon to complete the list. This
basis of low middling uplands, for the several deliveries named:
extension of our telegraphic news has become necessary on
Frl.
Thurs.
Wed.
Tues.
Mon.
Sat.
Frl.
account of the enlarged cotton cultivation In district* of which
16
16
16
16
1*3
On spot
some of these ports are centers, while recent railroad connections
16
5-16
16
16
3-16
11-32
16
15-82
16*
r£
April
16 11-16
16 21-32
16 19-32
16 23-32
16 13-16
are making them all, very important depots.
May
Besides most of
17 7-32
17 3-32
17 5-32
17 3-16
17 5-16
June
them are needed to make more perfect our telegraphic weather
17 17-32
17 9-16
17 19-32
17*
17 23-32
July
17 13-16
17 13-16
17*
August
reports; for with certain other improvements in our weather
17*
60
17X
September
17
17
ri"
17*
reports, which we are contemplating, we think we shall be able
October
3
113*
113*
113*
113*
113X
&
Gold
in the future, better than ever before, to indicate the growth and
4.S3
4.83
4.88
A
4.83
4.S3
Exchange
w
1 682,-'
E41
4,615
1,272
2,156
development of the crop.
w
Sale# snot
15,000
17,500
18,700
:
25,'JOO
23,200
We give the figures for these new ports separate, because the
Sales future..,
for previous years can only be kept up in that
comparison
Weather Reports by Telegraph.—Throughout most of
manner.
the cotton section there has been a very heavy fall of rain the
Our Visible Supply Figures—European mail reports,
past week, retarding planting, and in some sections doing damage received this week, shows that there was a mistatement in our
to the seed already in the ground.
At Galveston it has only visible supply figures of March 20. We gave India afloat on that
rained on one day, the rainfall being forty-five hundredths of an day at 160,000 bales, those being the figures sent us by cable.
inch ; last night, however, they had another frost, extending We see now that in some way an error must have crept in, for
the India afloat on that day was 271,000 bales instead of 160,000
throughout the greater part of the State ; the extent of damage, bales.
the telegram states, if there has been any, has not been reported.
Bets on TnE Crop.—Our readers must excuse us for this
At New Orleans it has rained more than*half the week heavy
mere personal
explanation. We make it because the applica¬
showers. There has been heavy rain on three days at Nashville; tions are
becoming so frequent of late, that answering them indi¬
now it is clear and pleasant.* At
Memphis it has rained more vidually is quite a tax upon our time, while, if we leave them
than half the week, the rainfall being three and eighty-nine hun¬ unanswered, our silence might be misconstrued. What we wish
to say is we cannot, in any case or under any circumstances, take
dredths of an inch ; our correspondent states that they are having
any interest, flirect or indirect, in any pool or bet with regard to
too much rain, and that but little corn and no cotton has been
tbe crop.
It seems to us so manifestly improper that we should
planted. It lias rained at Mobile on more than half the days of consent to make up a crop statement for the trade, and at the
the week, and the rainfall has reached one and eighty-five hun¬ same time join a pool in betting as to its precise result, that
there ought not to be any necessity for this remark ; yet la9t year
dredths of an inch ; as the week closes there is a favorable change,
aud this year applications have been made to U3 from different
though the weather is cool. At Selma it has rained on three days, portions of the South in almost every conceivable form to take a
but it has now cleared off’pleasant; the frequent and heavy rain
part interest in a bet, or to furnish information for a part interest.
We suppose that these applicants are generally young, and that
is interfering with farm work. It has also rained on three days at
they have written through thoughtlessness; but some who have
Montgomery, the rainfall reaching two and sixteen hundredths written to us this year we are persuaded cannot claim youth as a
of an inch ; it is now cold.
They have had two days severe rain cover. For instance, a letter lies before us now from Augusta,
at Atlanta the latter part of the week, the earlier part of the week
containing excellent references, which, in answering, we ex¬
our surprise that the proposition had been made to U9 ;
being pleasant; the rainfall has been three and six hundredths of pressed
but the writer in a second communication apparently sees no ob¬
an inch. At Columbus and Macon three days of raiu are reported ;
jection to our accepting his offer ! We do not propose any argu¬
our Macon telegram adds that they have had
two killing frosts ment with such ; the point seems to us to be too plain to need it,
All we wish to say is that hereafter we
and the Columbus telegram says that much damage is being done or even admit of it.
cannot answer any such applications.
by the rain. It has only rained one day at Augusta ; the latter
Bombay Shipments.—According to our cable despatch received
part of the week has been cool. At Savannah it has rained on
there have been 45,000 bales shipped from Bombay to
to-day,
wo days
severely; planting is being delayed on account of the Great Britain
the past week and 15,000 bales to the Continent,
rain. The thermometer has averaged G7 at Galveston, 54 at while the
receipts at Bombay during the same time have been
Memphis, 64 at Mobile, 65 at Selma, 68 at Montgomery, 67 at 75,000 bales. The movement since the 1st of January is as
follows. These are the figures of W. Nicol & Co., of Bombay,
Macon, 66 at Columbus, 68 at Atlanta, and 70 at Savannah.
and are brought down to Thursday, April 9 :
Acreage Report of the Galveston Cotton Exchange.—
The following will show the

0)

...

.

©

o

•

o

o

»

o

V

a

...

ports.

O

.

cS

•

closing prices each day on the

•

•

•

•

•

•

•

•

•

•

•

•

•

.

•

«

o

.

A

.

Shipments this week—,

/—Shipments since Jan. 1—, t—Receipts.—*

This
Since
Great
Con*
Great
ConBy telegraph to night, from Mr. A. G. Mills, secretary of the
Total.
Jun. 1.
Britain, tinent.
week.
Britain. tinent. Total.
Galveston Cotton Exchange, we have received the report of their 1874..
415 000
695.000
255,000 160,000
75,000
60,000
15,000
45,000
366.000
263,000 103,000
41,000
20,000
38,000
485,000
18,0 JO
Committee on Statistics, with regard to the acreage put down to 1873..
519,0C0
302,000 150,000
29,000
37,000
452,0001872..
21,000
13,000
cotton this spring in Texas, condition of crop, &c„ as made up by
From the
them to day. The committe are James H. Metcalf, J. D. Brainan
foregoing it would appear that compared with last
year
there is an increase of 22,000 bales this year in the week’s
J. S. Grinnan, Theodore Vogel and W. L. Thomas. The questions
shipments from Bombay to Europe, and that the total move¬
sent out and the answers received are given in this report, as ment since
January 1 shows an increase in shipments of 49,000
bales compared with the corresponding period of 1873.
follows :
First.—Has the season thus far been favorable for planting and
Gunny Bags, Bagging, &c.—Trade in all these articles has
for crop preparations, or otherwise ?
been very quiet the past week, and with the exception of jute
Answer.—Thirty-eight (88) counties report that the season has butts there have been no sales of round lots. Gunny bags are
been unfavorable on account of their being too much rain; six¬ entirely nominal at 13c. Domestic bagging is held at 12£c., 12£c.
cash might buy. There have been some small sales of jute at
teen (16) counties report that it has been favorable.
irregular prices. Jute butts have sold fairly to consumers, and
Second.—Will the acreage in cotton in your neighborhood be
prices are firm. We note sales of 1,000 bales, at 2£c. sixty days,
and 1,000 bales, extra quality, at 2gc. short time.
greater or less than in 1873, and to what extent?
Answer.—Nineteen (T9) counties report an increased acreage of
Visible Supply of Cotton as Made up by Cable and Tele¬
fifteen (15) per cent.; twenty-one (21) counties report a decrease graph.—Below we give our table of visible supply, as made up
of ten (10) per cent.; and fourteen (14) counties report the same by cable and telegraph to-night. The continental stocks are the
figures of last Saturday, but the totals for Great Britain and the
as lf.st year.
afloat for the Continent are this week’s returns, and consequently
Third.—What has been the per cent, increase or decrease of brought
down to Thursday evening; hence to make the totals the
productive labor in your neighborhood during the past season ?
complete figures for tonight (April 10), we add the item of
Answer.—Twenty-five (25) counties report an increase of ten exports from the United States, including in it the exports of
Friday only.
1872.
(10) per cent, in productive labor; twelve (12) counties reporta
1873.
1874.
681,000
decrease of six (6) per cent.; and seventeen (17) counties report Stock at Liverpool
803,000
l.
...

...

...

‘

last year.
Fourth.—How are the laborers

the

Stock at London

same as

Answer.—All the

answers

working ?
say that the laborers are working

well.

telegram states that this report is made up by the com¬
mittee from one hundred and sixteen (116) letters received from
Our

fifty-four (54) counties.
Extent

may
this

of

Cotton Planting for Next

Crop.—Our readers

be interested in an article in our Editorial columns
subject.

to-day on

New Interior Ports and our Weather Telegrams.— We
have been endeavoring for some weeks to complete arrangements

for

a

very




congiderable addition to the number of our interior

Total Great Britain stock
Stock at Havre

•

Hamburg

178,000

203,000

1,008,750

859,000

1,006,000

156.500

171,000
16,000
70,000

194,000
18,000

11,758

Stock at Marseilles
Stock at Barcelona
Stock at

170,750

..

..

52,500
29,000

Stock at Bremen

33.250

Stock at Amsterdam

67,250
28,500

35,000
47,000
79,000
25,000

71,000
16,000
17,000
68,000

Stock at other continental ports

19,000
39,000

73,000

7,000
24,000
36,000

Total continental stocks

436,750

544,090

451,000

1,403,000

1,457,000

Stock at Rotterdam
S toclc at An twerp

Total European stocks.

28,000

[April 11,1874.

THE CHRONICLK

380
India cotton afloat for Europe
American cotton afloat for Europe
Egypt, Brazils, &c., afloat for Europe....
Stock in United States ports
Stock in United States interior ports
United States exports
Total visible

1873.

224,000

392.000 '

559,000

538,000

339,000
70,000
492,217
93,173
8,000

311,000
113,000

81,000
554,246
84,762
21,000

7..

to-day

American—

377,000
170,750
182,750
324,000
81,000

353,000

467,000

178,000
348,000
392,000
70,000

203,000
291,000
559,000

1,135,500
1,913,008

1,341,000

1,633,000

1,45?,390

1,205,114

bales. 3,048,508

2,797,390

2,838,114
uxmw.

21,000

bales. 1,913,008
&c.—

London stock

Continental stocks
ndia afloat for Europe

afloat

Total East India, &c
Total American
Total visible supply

1,4:35
9,758

21,210
232,421

.

.

.

.

•

•

.

.

•

•

•

....

•

....

7,631
14,284
1,287 56,767
62
394

6,405
....

...

...

12,756

150

...

.

223

4,481 66,524
2,500 75,196
673 21,307

•

.

...

17,425

205

•

....

....

.

....

8,715

54

5,582

.

»

....

•

447

•

•

7,838
185

153,697
1,270

26,640

775,568

11,342 258,057

769

32,632

1,969 96,097

Total this year

13,11C

705.919

6,322 264,251

398

40,812

1,650 83,2G0

Total last year.

....

....

....

...

....

4,212

76

12,895

492

32

State8

cotton from the United
latest mail returns, have reached

Shipping News.—The exports of
the past week, as per
bales. So far as the Southern ports

81,87 ®
are concerned, these are th©

published in The Chron¬
figures for that port
regard to New York,
weincludethe manifests of all vessels cleared up to Wednesday

gameexnorts reported by telegraph,and
icle last Friday, except Galveston, and the
are the exports for two weeks back.
With
night of this

week

:

Total bales.

Brussels,
Castle,

steamers Celtic, 1,984....City of

New Yokk—To Liverpool, per
785
Nevada, 2,888-...Cuba,

175

964
Edith Warren, 23
To Havre, per steamer
To Bremen, per steamer

per

ships Pembroke

Amerique. 204
HanBa, 42... per bark Lima, 769
New Orleans—To Liverpool, per ships Strathearn, 5,406
Ceferina,
2,676
Queen of the Mersey, 3,684
To Havre, per ship California, 2,242.. .per barks Marie, 2,443
..

Prince Nanoleon, 2,144
To Cronstadt, per ships
Rome. 2,320
To Revel, per ship India, 3,576
To Genoa, per bark Dan’l Draper,

6,619
204
811

11,766
6,829

...Fylgja. 1,751 per bark
5.914
pei bark Guinevere, 2,875
6,451

Jupiter, 1,843

sight, to¬
date of 1873,
correspond¬

figures indicate an increase in the cotton in
night of 251,118 bales as compared with the same
and an increase of 210,394 bales as compared with the
ing date of 1872.
Movements of Cotton at the Interior Ports.—Below
give the movements of cotton at the interior
shipments for the week, and stock to-night and for
ing week of 1873 :
These

117,025

2,785
1,832

....

8,345

113,00C

9Xd.

8>od.

Uplands, Liverpool

38,012

•

•

Sept.l.

-

5,698

17

2,127

Foreign

1,205,114

84,762

Liverpool stock

Price Middling

336,000

285

This
Since
week. Sept-l.

[Since

658

North’rn Ports
Tennessee, &c

1,456,390

stock
United States interior stocks
United States expoits co-day

Egypt, Brazil, &c.,

Virginia

160,000
811,000
339,297
52,817
6,000

United States

,

:

339,000
492,217
93,173
8,000

Continental stocks
American afloat to Europe

East Indian Brazil,

follows

328,000
196,000

461,000 '
254,000
538,000
554,246

Liverpool stock

Total American

as

28.281

5,212

...

S’th Carolina.
N’th Carolina.

Septl.

1,154
2,044

124,665

This
week.

Since

This
week.

73,292
38,414

1,275
1,902

Mobile
Florida

2,838,114

Sept. 1.

697
765

Savannah

6,000

Since

This
week.

New Orleans..
Texas

52,817

and other descriptions are

Of the above, the

bbob’tb fbom7

BALTIMORE.

PHILADBLP’IA

BOSTON.

NEW YORK.

339,297

2,797,390

3,048,503

supply
totals or American

1872.

1873.

501
2,835
1,000
4,355
2,845
1,853

501

Mobile—To Revel, per sh!p Charter Oak,
To Barcelona, per bark Isabel, 1.000

2,835
Charleston—To Liverpool, per barks W. G. Putman, 2,060 Upland and
185 Sea Island
....
Cupic. 2,110 Upland
To Havre, per bark Clias. F. Elwell. 2,845 Upland
we
per brig Paratons, 618
To Barcelona, per bark Ciscar, 780 Upland
Upland
San Antonio, 455 Upland
ports—receipts
Liverpool, per barks Delta, 1,650 Upland and 15 Sea
the correspond¬ Savannah—To
Island
Olbers, 2,551 Upland
To Havre, per ship Mayflower, 2,892 Upland and 118 Sea Island
^-Week ending April 11, 73.-^
To Reval. per bark Columbus, 1860 Upland.
-Week ending April 10,1874—*
To Carlshamn. Sweden, per bark New
runswick, 1.500 Upland
Receipts. Shipments. Stock. Receipts. Shipments. Stock.
To
port in Northern Europe, per bark Robert, 1,092 Upland..
1,835
1,644
13,527
17,551
1,180
To Barcelona, per bark Juanita, 1,152 Upland
.
1,624
210
737
8,781
To Barcelona and Palma, p^r bark Maria. 250 Upland
7,170
1,146
593
115
877
9,279 Texas—To Liverpool, per ships Eliza Everett, 2,594 .. Southern Chief,
6,419
1,240
252
3.959
per barks, John Eills, 2,237
Wild Hunter, 1,000
500
7,159
231
530
1,854
Patria. 1.440
231
250
522
2,388
Tn Fleetwood, per bark Weile. 1,000
.
772
4,008
473
To Cork for orders, per bark Firdar, 828
6,184 11,768 40,259
7,400 42,192

and

4,216
3,010
1.860
1,500
1,092
1,152
250

a

Augusta
Columbus
Macon

Montgomery
Selma

11,230
1,000
828
800
844
497
621
102
640
50
81,875

..

.

4,174

Memphis

Total, old...

Cincinnati

Total,

....

new..

1,951

2,146
325

12,213

310
580

7,420
1,606

13,290

1,902

1,354
2,421

11,286

856
242

915
135

2,885
2,003

2,500

2,828
6,441

Shreveport....
Atlanta
St. Louis

4,789

Baltimore
To Bremen, per steamer Baltimore,
To Rotterdam, per bark Astrea,

9,657 16,365 93,173

14,576 84,762^

9,134

for orders, per brig Anna Maria,
;
Annie Mark, 844
To Liverpool, per steamer Nestorian, 497

To Cork or Falmouth
To Bremen, per bark

11,780

317

832

5,568

2,308

1,787

Nashville

Boston—To

24,895 115,153 14,400 '22,611 118,500
The above totals show that the old interior stocks have decreased
during the week 16,099 bales, and are to-night 8,411 bales less
Total, all...

17,521

The receipts have been

than at the same peiiol last year.
bales more than the same week

last year.

New York
New Orleans...
Mobile

EXPORTED TO

Liverpool
Other British

Mch.
18.

9,800
Ports

Total to Gt.

j

Apl.
1.

25.

9 305

12,853

9,800

to
date.

Apl.
7.

6.819

342,857
....

....

....

....

Britain

|

Mch.

9,305

12,853

•*

6,819

523

French ports

Total

....

Bremen and Hanover

4

Hamburg
Other ports

Total to N. Europe.

Spain,Oporto&
Gibraltar&c
Ail others
Total Spain, Ac
Grand Total

»

•

•

•

....

733

1,710
....

135

1,845

....

8.35
50
....

885

18,750

8H

4,043

...

751

....

23,544

811

25

25

....

....

••

....

25

2,647

....

-

....

....

2,741
2,741

377,212

357,419

14,695

10,215

7,834

Boston,
Sept, 1/73;

_

„

•

„

2,835

....

1,860

1,500

Tidal.

7,834

•

31,461
3,835
9,053

1,000
1,853
1,402

13,080
14.702

....

1,220

....
...

.

.

•

b90

....

,

4

...

.

•

6.451

5,911

844
621

....

Iona.
•

1,628 12.888 2,276

from New

Baltimore, 102 bales to

Rotterdam ; from Boston, 50 bales to Yar¬

week, of disasters

give all news received, during the
vessels carrying cotton from United States ports :
Jamaica^, str. (Br.l, Watson, from New Orleans for Liverpool,
on a
lump at the South West Pass, March 15, and swung athwa't the
and remained until April 3, causing the detent:on of an immense num¬
ber of outward bound vessels, when she got off and went to sea.
Below we

struck

mud
channel

from New Orleans for Bremen with tobacco,
making more water than usual after clear¬
ing the Florida Channel, about February 10. On the 26th, when about
.250 miles from the Azores, she was struck by several seas, which swept
the decks, carried away rudder, &c.
On March 1 she had six feet water
in her hold, her cargo had shifted, and she was quite unmanageable.
On the 2d the crew were taken on board the bark Bertha, from New

President Thiels, ship (Fr.),
cotton and staves, commenced

O’leans at
Robert Dixon,

Liverpool March 19.

ship. Smithwick, from

Savannah February 12 for Liverpool,

leaking. Repaired, sailed and arrived at Liver¬
pool April 5.
Eliza Oulton. bark (Br.), O’Brien, from Savannah for Malmo, which ran
aground at Hoganas March 19, and was subsequently got off with five
feet of water in her hold, and proceeded for destination, had agreed to
put into

pay

Fayal March 13,

20 per cent

salvage.

\

Liverpool.
Steam.
cl.

Saturday..
Monday...
Tuesday...

weekHavre.
as follows :
have been
r—Bremen.-^,— Hamburg.

freights the past
,

483

22,233

/

ha mn.

....

to

17,152
4,648

2,672

The following are the receipts of cotton at New York.
Philadelphia and Baltimore for the last week, and since




...

....

3,010

..

1,628

mouth, N. S.

....

10,533

Savannah

wood ; from

Cotton
•

733

from

811

usual form

Carls- Barce-

5,914 11,146. 1,500 4,255 81,875
Orleans. 501 bales to Genoa ;
1,092 bales to North Europe; from Texas. 1,000 bales to Fleet39,523

Total

430

2,244

....

...

men.

Crons- Re*
tadt. val.

2,845

....

Included in the above totals are

329,721

8,139

204

Frencli

497
640

...

Boston

prev.

2,244

....

...

...

4,355
4,216

...11,230

Baltimore

year.

6,433
1,70!

204
Havre
Other

....

...

Texas

lime

330,151

Bre-

pool. Cork. Havre.
204
6,819
6,829
11,766

...

Savannah

Same

342,857

...

..

Charleston

this week from New York show a
last week, the total reaching 7,834
bales, against 10,215 bales last week. Below we give our usual
table showing the exports of cotton from New York and their
direction for each of the last four weeks; also the total exports,
and direction Bince Sept. 1, 1873; and in the last column the
total for the same period of previous year.
Exports ot Cotton (bales) from New York since Sept.l, 1873
Total

50

shipments, arranged in our

follows:
Liver-

The exports ot cotton
decrease as compared with

WEEK ENDING

,

particulars of these

25,327

6,246

4,743

30,391

10,319

’.....

Total

The
are as

8,387

621.

Marathon, 640

Liverpool, per steamers

Yarmouth, N. S., per

To

5,015

102

800

?g®7-16.
X©....

Wedn’day.5-16®^
Thursday .5-16®....
Friday... .5-16®.. .

,

Steam. Sail.

Sail.
d.

5-16®..
*©..
X©-.
X®..
X©..

X©

.

Steam.

Sail.
c.

Steam.
c.

c.

c.

c.

1
1
1
1

X
%
%
%
%
%

IX®.. *
X
1®
IX©..
1®.. x
ix®.
1®..
%©.. ^comp.l
%comp.l ®..
x©%©.. ^comp.l ®..

X

1

Sail.
c.

X
X

X
X
X
Xr

April 10—3.80 P. M.—By Cable from Liverpool
opened quiet and steady, and closed quiet to-day.
Sales of the day were 12,000 bales, of which 2,000 bales were
for export and speculation. Of to-day’s sales 8,000 bales were
American. The weekly movement is given as follows;

Liverpool,
—The market

Mcli. 20.

Mch. 27.

Apl. 2.

Sales of the week
bales. 115,000
of which exporters took
11.000
of which speculators took..
15,000

94,000
13,000
11,000
701,000
347,000
67,000
51,000
10,000
518,000

51,000
8,000
5,000
751,000

Total stock
of which

713,000.

340,000

American

Total import

73,000

of the week

of which American
47,000
Actual export
*
9,000
Amount afloat
503,000
of which American
328.000
The following table will show the dally
Sat.

Mid. Uplands. 8#®...
Mid. Orleans.. 8#®8#

381

THE CHRONICLE.

April 11,1874,]

53,000

Wed.

5,000

1874.
»
Same
For the
Since time Jan.
week.
Jan. 1.
1, 1973.
/

3,000
838,000

382,000

461,000

98,000
59,000
11,000
490,000
304,000

140,000
110,000
8,000
455,000
248.000

8#®...

8#®....

8*®8#

8#®8#

Thurs.

RECEIPTS AT NEW YORK.

,

Flour, bbls. 71,819 1,044,106
C. meal, “ .
68,407
6,458
Wheat, ous. 303.830 7,521,920
Corn,
“ . 653,750 3,642,936
214,245
Rye,
“ .
856

28.727
422,333
187,550. 2,142,999

Barley,&C..

closing prices of cotton for the week

Tues.

Mon.

Holiday.

328,000

The movement in breadstuffs at this

Apl. 10.

Oats

Fri.

The

8#®.... 8#©
8m ... 8*@...
..

ment

Friday P. M.,

✓

week.

week.

4,323

39,621

Chicago...

show

.

-

Milwaukee
Toledo
Detroit
Cleveland
St. Louis

upward tendency, and in quotations there is some further
advance. The receipts have been pretty free, but the export
demand has been good, not only from Great Britain but from the
British Provinces, and from the West Id dies and South America.
Besides some little speculative feeling that was infused into the
market caused a more active demand from the home trade, to the
an

.

.

.

.

44

’72.
’71.
’70.

44

44

3,800*
29,041

Total Aug. 1 to date.
Same time 1872-73
Same time 1871-72..
Same time 1870-71..
.

\

298

and the move¬

Oats.
bush.

(56 lbs.) (39lb*.)
530,315 273.7:35

270,729
808,264
109,437
85,099
15,100

140,998

24,040
2C8,180

30,670

28,646

9,346

13,550
173,347

11,100

522,474
228,415
370,723

1,138,078

124,599

433.561

658,488
738,639

149,795
309,473
190,830

787.330

220.504

686,3i9
198,114

267,316

93,942

70,749
4,326,915 59,201,232 35,827,605
3,792,924 37,012,644 39,978,828
3,642,014 32,283,325 38,290,866
4,067,311 33,009,402 20,136,783

133,470

Rye.
bu»h*

bush.

(481be.) (56 lbs.)
9,745
8,540
1,619
7,875
•

•

•

.

15,637

123,673

938,627
429,690

76.351 s

Barley.

73,950

157.039

110,815

Uorresp’Lg week ,’73.

♦

35,844
9,015
7,842

Total
Previous week...

great relief of holders of flour at prices ranging from $7 to $9.
The sales of lines of shipping extras have been mainly in the
range of $6 50@6 70.
Rye flour has recovered the decline of last
week, and corn meal has latterly been quite active at full prices.
To-day the market was steady, with the sale of a good line of
Western shipping extra at $6 65.
The wheat market has been active at rather firmer prices*

25.273

Jan. 1.

FOR THE WEEK ENDING
1 TO APRIL 4.

Corn.
bush.

Wheat
bush.
(196 lbs.) *601bs.)
Flonr.
bbls.

■

Since

296.860
43 795
997,712
3,196,712
1,004
32,614
8,289

19,291
3,220
44,488
387,761 7,328,336 22,725
161,719 2,977,675 97,362
33,556
254 340
....
614,065

following tables show the Grain in sight
dates:

April 10, 1874.

■

For the

Jan. 1.

43,791
4,575

RECEIPTS AT LAKE AND RIVER PORTS
APRIL 4, AND FROM AUGUST

during the past week continued to

—1873.

1874.
»
Since
For the
—

of Breadstuffs to the latest mail

BRE ADSTUFFS.
The flour market has

621,042
83.198
1,033,150
1,362,977
2,173
374,137
2,097,7:38

market has been as follows :
EXPORTS PROM NEW YORK.

v

18,181
5,460
•

•

•

•

,

,

,

,

%

.

.

1,645

43,416

25,286

36,175
88,089
39,986

11,940
22,124

37,507
88,436

17,440,495 5.671,031
17,001,953 8,053,916
16.761,279 5,833,368
13,739,867 4,955,522

26,470
25,981
15,822

1,494,216
1,421,120

2,359.345
1,262,936

Estimated.

Shipments

of

Flour and Grain from the ports of Chicago>

Louis and Duluth,
from January 1 to

Milwaukee Toledo. Detroit, Cleveland, St
for the week ending April 4, 1874, and

100,000 bush. No. 2 Milwaukee April 4:
Flour, Wheat, Corn,
Oats,
Barley,
Rye,
and $1 60 afloat; also, a good Weekending—
bbls.
bHsb.
bush.
bnsh.
bneh.
bush.
55@$1 56, and No. 1 Spring at March 28, 1874
97,609
385,172
254,347 39,631
554,379
5,860
March 21, 1874
101,604
393,637
347,650
239,401
30,848
7,121
60@$1
65,
as
in
more
$1
quality. There has also been
doing in Cor reBp’ng week 1873 148.725 279,378 284,833 213,969 80,084 9,566
99.460
450 236
173,303
43.738 131,196
winter wheats at $1 65@$1 66 for prime reds, $1 68@$1 70 for Corresp’ng week 1872 67,037
Corresp'ng week 1871
75,387 1,415,125 1,818,162
63,689
12,042
4,896
amber, and $1 80 lor prime white. - For future delivery there has Corresp’ng week 1870^48,791
190,587
113,441
61,377
19,426
1,780
167,223
also been considerable movement in Spring wheats, including No. Total Jan. to date... 1,483,643 8,405,578 3,017,527 2,403,413 954,991
same time 1873
100,615
1,382,780 2,018,662 3,619,941 2,595,020 1,043 305
2 Milwaukee for April at $1 57, and No. 2 Chicago at $1 54@ same time 1872
847,258
724,446 6,165,639 1.561,734 634,212 230,153
748,177 2,026,754 6,013,227
595,634 228,923
53,245
same time 1871
$1 55 lor April, and $1 53£ lor the first half of May. The re¬
ceipts at the Western markets have continued liberal. To-day RECEIPTS OF FLOUR AND GRAIN AT SEABOARD PORTS FOR THE
WEEK ENDING APRIL 4, AND FROM JANUARY 1 TO APRIL 4.
there was a further advance, with sales of No. 2 Milwaukee at
During Wednesday and Thursday

sold at $1 58@$1 58-J- in store
business in No. 2 Chicago at $1

Flour,

$1 60@$1 61 in store and afloat, and No. 2 Chicago at $1 56@
$1 57 afloat, the offerings being nearly all taken.
Indian corn has come forward much more freely by rail, but

At

New York
Boston
Portland*
Montreal

Wheat,

Corn,

Oats,

.

bush.

61,797

bush.
349,530

bush.
490,250

183.059

21,830
10,500

34,612
3,500

41,308
12,500

70,043
5,000

4,700

5,COO

bbls.

.

Barley,
bush.
12,477

1,500

....

132
250
800

Rye,

bush.
3,670

400
500

supplies were met by an active export demand, and Philadelphia*
20,367
55,000
125,000
35,000
20,000
5,000
Baltimore
22,538
51,100
212,490
11,200
....
1,057
prices have ruled firm at 85039c. for fair to prime new mixed, New Orleans
42,765
212,217
54,505
with choice new and old mixed and yellow bringing 90c. Yester¬
Total
184,497
1,093,765
360,307
33,659 10.627
499,342
day fair to prime Western white sold at 85@88c. There has been Previous week
157,039
429,690
658,488
228,415
36,175 11,940
Week Mch. 21.
187,999
414,110
703,213
360,252
34,682
18,300
a
good deal doing for arrival, at 90c. for prime “sail” mixed, Week Mch. 14
171,375
512,295
439,183
259,63;)
32.350 20,580
224,803
652,270
459,712 265,238,
12,180 40.935
April delivery, and for May delivery 86@86Ic., the latter from Week Mch. 7
173,875
105,845
658.897
315,888
33,323
1,550
the Erie Canal.
It will be observed from our statistics that Cor. week, ’73
Total Jail. 1 to date..2,821,217 10,196,157 9,315,874 ‘ 4,275,737
602,323 356,090
the receipts at the West last week were comparatively large; Same time 1873
1.978,806 2,083 745 6,274.967 4,751,925
791,259 28,631
Same time 1872
1,645,443 1,268,175 10.601,815 3,029,037
836,013 52,102
latterly, however, there is some falling off in this particular, still Same time 1871
: 1.587,725
1,984,775 5,205,263 1,603,181
345,474 35,467
the market closed last evening a little weak, with only 85c. bid
The Visible Supply of Grain,
including the stocks m
for prime mixed in all May.
To-day new corn was easier, at granary at cLo principal points of accumulation at lake and
85@88c. for fair to good mixed, but old corn was firmer, at 90@ seaboard ports, in transit by rail and frozen in in transit on the
91c. for prime mixed on the spot, with sales at 87c. for May, and New York canals, was, on April 4,1874 :
Oats,
Barley,
Corn,
Wheat,
90c. bid for April.
bush.
bush.
bush. s
bush.
118,870
468,673
128,692
In
store
at
New
York
Rye has advanced, with sales yesterday at $1 08®$110 for
74,000
30,000
20,100
In store at Albany
'.
47,602
13,402
prime samples. In Barley there has been some doing at $1 50 Instore at Buffalo
197,851
865.944
3,066.925
for Hungarian, $1 80 for Canada West, $1 95 for German, and In «t,ore at Chicago
23,610
74,715
150,702
In store at Milwaukee
93,503
$1 90 for French, all cash, with some sales on time at irregular In store at Duluth
l',360
70l347
547,752
555,084
In storo at Toledo
4,640
8,278
prices. To-day, French barley sold at $1 85. Oats have been In store at Detroit
19,003
249,386
19,115
19,605
137.115
319,700
variable, opening depressed, but yesterday showing some advance, In store al. Oswego
38,016
30,173
355,821
226,624
In store at St. Louis
10,316
126,374
61,013
53.256
especially for white oats, which are comparatively scarce. To¬ In store at Boston
2,345
1,118
1,000
708,551
In store at Toronto
433
18,368
594 772
130.382
day, the market was again firmer, but quiet.
In store at Montreal
10,500
45,000
115,000
160,000
In
store at Philadelphia
There has been a partial resumption of the navigation of the
30,000
89.426
300,642
In store at Baltimore
39.631
254.347
385,172
554,379
great lakes, but they are still* a good deal obstructed by heavy Rail shipments
300.000
80,000
750,000
1,000,000
ice.
No official announcement has yet been made of the time \mount on New York canals
668.729
Total
11,343,861
6,219,409 2,364.854
when the Erie Canal will be re-opened, but probably not before
709,099
Total in store & in transit Mch. 28.’74.11,297,240
6,075,292 2.403,838
775,615
the 1st of May.
Mch. 21,’74.11,504,865
6,155,884 2,424,707
787.231
Mch. 14,’74.11,711.661
6,244,205 2,511,849
The following are the closing quotations :
898,579
Mch. 7. ’74.11,773,457
6,433,704 2,661,570
Grain.
901,878
Flour.
Apl. 3,’73.. 7,508,473 10,937,328 3,950,196
the increased

....

*

*

•

.

.

....

....

....

....

....

“

“

“

No. 2
$ bbl. $5 20® 5 70
3uperflneStateand West¬

00® 6 25
6 50® 6 85

6

ern

Extra State, Ac
Western Spring

Wheat

extras

do double extras
do winter wheat extras
and double extras

6 40® 6 75
6 85® 8 40
7 00®10 25

City shipping extras. ..
6 65® 7 00
City trade and family
brands

8 75®10 00

Southern bakers’ and fa¬

mily brands.

Southern shipp’gextras..

Rye flour, superfine
Corn meal—Western, Ac.

Com meal—Br’wine, Ac.




8 25®10 25
7 00® 7 75

5 35® 5 85

Wheat—No.3 spring,bush.$1 50® 1 52
No. 2spring....
1 55® 1 61

No. 1 spring
1 61® 1 65
Red Western
1 62® 1 66
Amber do
1 68® 1 72
White
1 70® 1 90
Corn-Western mixed.....
84®
90
White Western
85®
91
Yellow Western
88®
91

Southern, white
Rye
Oats—Black
Mixed
White

Barley—Western
Canada West
State

3 75® 4 25
4 40® 4 50 I Peas—Canada..

90®

1 60®

1 75®
1 50®

1 05®

“

“

Also, of rye, April 4, 1874, 240,966 bush.

THE

DRY GOODS

TRADE.

Friday, P.

The current trade is limited almost

M.. April 10, 1874.

exclusively to the jobbing

in connection with
any line of fabrics.
The Western and Southern retailers are
61
64# sorting up their stocks to a moderate extent, and the distribution,
66#
1 70 though light, is steady. The near-by trade are buying very
1 80
sparingly, and the sales in this direction have been small. The
1 75
1 30 reason for this is not clearly apparent, but it is considered by the
93

1 05® 1 10
60®
62®
64®

“

distribution, and there is very little to report

[April 11,1874.

382
ENTERED FOR

WAREHOUSING DURING BAKE TBRIQD.
generally as resulting from the financial stringency which Manufactures of
642
wool.... 565
239
$249,852
$248,149
$m,64t
followed the panic and prostrated so generally the industries of
do
cotton.. 404
319
870
92,812
103,704
117,208
do
sflk
139
122
74
156,238
144,791
75,780
this State and other near-by localities, the effects of the panic
do
571
flax
436
233
49,761:
182,518
105,975
1,154
82,280
30,883
2,981
50,066
being more seriously felt in these sections than in the more Miscellaneous dry goods. 151
exclusively agricultural portions of the country.
The labor
Total
4^608 $724,599
2,019 $363,977
1,679
$666,189
8,648- 2.336,317
3,071 S 1,119,679
troubles have been productive of great loss also, by reason of the Addent’dforconsumpt’n 8,204 2,101.703
stoppage of different branches of manufacture which they have Total entered ai tht port. 9,883 $2,767,892 5,090 $1,483,656 18,246 $3,080,909
caused and the consequent further impoverishing of the families
We annex a few particulars of leading articles of domestic
of the laboring classes. The present status of the market is manufacture our
prices quoted being those of leaamg jobbers:
regarded as favorable, and there is very little complaint of
Bleached Sheetings and Shirtings.
financial difficulty on any hand.
Collections are made with a AmoskeagA. 36
6-4
27*
1 *K Pequot
13*1 Forestdale... 36
ao
3-4
35
9
Gem of the Spindo
Z.. 33
fair degree of freedom, the only cause for complaint being the
\
9-4
do
40
42
36
do
16
die
13*
10-4
do
45
17
11
*
do
46
Gold Medal..4-4
inactivity.
do ......11-4
33
.6-4
21
do
10
do
Domestic Cotton Goods.—The demand has been of the char¬
36
9
.10-4
Pocasset Can.
13
do
32* Green G
do
F- 30
13
acter usual toward the close of a season, and has been restricted
Androscog’nL 36
13* Gr’t Falls Q.. 36
do
AA 36
do
9
FF. 36
‘S.
31
do
IT
io*
to the current wants of the distributors in the interior who buy
19
do
....8-4
30
do
M.. 33
10* Pride of West 86

trade

..

*

-

..

...

„

.

.

•

•

•

•

..

as they require small amounts to reassort
demand for the more staple descriptions of

only

r

as the requirements of jobbers are necessarily
small. The feeling is steadier, however, at the recent reductions
in prices, and buyers operate to the extent of their necessities
with perfect confidence in the maintenance of values.
It is
thought by many there will be an early reaction, and that prices
will be advanced by a speculative demand as the current range
of values on the better qualities of goods is believed to be lower
than the position of the market warrants. Standard fabrics are
undoubtedly low, and with raw cotton at its present cost there
could be little if any margin for profits to the manufacturer. No
notable changes have been made during the week, and prices are
for the most part steady at the quotations of last week.
The print cloth market has stiffened somewhat under an im
proved demand, and sales are reported at 5§<a>5£c. for standards
The movement in prints has been fairly active, at previous rates
the only change being in Cocheca's, which have been markec.
down to correspond with the other makes.
Other cotton goods are quiet and wholly unchanged.

36
36
Bay Mills
Blackst’neAA 36
36
Boott B.
33
do C..
36
do E.
28
do R.
36
do S..
42
do W.
do X.
46
Cabot.... ....7-8
36
do
9-8
do
5-4
do
27
Canoe...

light,

36
Auburn..
Ballou & Son. .36

do
Bartletts
Bates....
do BB

shows few new features.

....

....

....

..

....

Pkgs.

Manufactures of wool.... 1,074
do
cotton.. 1,691
do
do
Miscellaneous

silk
flax

763
941

dry goods 3,735

Value.
$505,458
509.994

554,160
259,497
272,591

8,204 $2,101,703

Total..

-1873-

,

Pkgs.

Value.

do

...

...

Dwight D.... 40
Star..
do
do
cambr.
Elmwood..
Fruit of the
do
do
do
do

..

do
do

do

..

QO

..

10

Maxwell

22*

Nashua E...

12*

do
do
do

Miscellaneous

cotton..
silk
flax

dry goods.

621
514
195
437

$267,561
136,019
217,021

,231
,993
1,204

Pepperell... .7-4

13*

do
do
do
do

18

....

Pequot

....

.

36

10

36
Appleton A.. 36
do
N.. 33
30
Augusta
30
do
do
A.... 27

6

36
45
49
60
Broadway. ... 36
Bedford R... 30
40
Boott S
48
do W
36
do FF
36
Cabot A
...

....

....

Continental C 36
Conestoga D. 28
G.. 30
S.. 33
W. 36
36
Dwight X... 30
do
Y.... 33
do
Z.... 36
do
ZZ... 40
do
Star. 36
40
do
do
46
do
do
36
Exeter A....
Great Falls M 36
do
S 33
do
E 36

do
do
do
Crescent

11*
9*
10*
9
7
•

•

»

•

16

.

11*

do
H38
36
Warren AA

10

Williamsvllle. 35

18

15*
12

42*

22*
Width.

Pepperell... 10-4
do
do

11
12
8
9

10
11
11

8

8*
9*
10*
H*
13
16
10

10
9

Harrisburg A. 36
do
B. 30
Indian Head.7-8
do
48
do
40

E....

.

do
T....
Mass. J
do E
do BB.
do M
do standard
.

....

..

.

.

.

Maxwell....

..

Medford

.

11
8

12

9-9*
12*
10
17

11*

36

il*

29
33
36
40
36
40
36

8*

11

9

9*
11
11

17*
10*
10*
13*

11*
10

11*
13
18

.

5
•

....

....

8*
12

..

8*
6*
6

10
11 '
IS
11

10*
8

8*
5*

..

9

.

do
do

.

■

36
36

.

14*
87*
42*

.

11*

40
36
Nashua fine O 38
do
R... 36
do
E...
36
do
W
48
do
10-4
'do
Newmarket A 36
do
D 36
NovadaA.... 36
Pacific extra.. 36

do B....
40
.9-4
do
10-4
do
36
Pittsfield A.
Pocaset Canoe 39
Portsmouth A 86
do
P 80
B 87
do
Saranac fine O 36
R 36
do
E 36
do
Stark A....
86
do B....
Swift River.. 36
Suffolk A...
36
36
TremontCC
Utica..
do heavy
40
do
48
do
do
76
do
do
96
do Non..
86
Waltham F
do
.5-4
do
.9-4
.10-4
do
do
f .11-4
Warren A..
40
do
AA
40
Waterford W. 30
do
BB. 38
do
C... 36
do
A.. 40
do
d’w 36
Wachnsett... 26
do
80
do
40
do
..48
.

10
30
35
40

30
9
11

9*
11 *

Pepperell— 7-4

..

36

Pequot A

10*

.

..

36
38
30

do O
doN

.,

do

....12*4

do R

Mystic River. 36
Masconomet

....11-4

do E fine. 39

Langdon GB.4-4
do

17

.

36

,

•

WesBac’mc’n.B36

36
30
33
36

.

•

..

32*
37*

...

Langley
Lyman C....

•

..

30

36
40
46
Laconia O
do
B.... 36
S.... 36
do
9-4
do
do
.10-4
do
11-4
Laurel D.... 36
Lawrence D. 36
do
S.. 36
do
XX 36
do
LL. 86
J. 36
do
do
Y. 86

11

•

..

‘

22
9
7

.

.

10*
22*
27*

-

17*

.

.

Width. Price.
Indian Head..
Ind’n Orch.W
do BB.
do
C.
do
A.
do
d’w
do
do.

.

22*

8-4

27*

9-4

30

..

...

..

,

..

16
17
26
•

•

•

45

..

50

..

13

..

.

.

..

•

.

•

-

$209,245

791

$337,467

502
129
641

140,270

117.917

152,673
169,656
102.608

45,281

5,576

37,922

2,164

57,181

7.172

,202 $2,885,502 10,243 ;$1,791,783
Total thrown upon m’k’t.11,202

lijio

3,071

8,643

109,078

Woodberry, Druid Mills
and Fleetwing.
No. 0
46

163.797

No. t

44

No. 2....

42

| No. 3
$808,393 No. 4
2,336,317 No. 5
[No. 6..
r—

40
s

38

36

36

No. 8
No. 9...

.

32
30

Light duck—
Bear (8oz.) 29 in..
do heavy(9oz.)...

20
28

Mont.Ravens29in.#

22

do

40in... 30
Ontario and Woodberry

USA Standard 28*
do
8oz.
9oz.
do
10 oz.
do
do
12 oz.
do
15oz.
Ontario twls. 89 in.
do
86 in.
Ex twl*“Polhem’s”

Stark (10 og)....

..

•

16*
SO

32*
37*
14*
7

..

..

»

40

1
9

10
11}
13
11}
9)
15
18

'Cotton Sail Buck.

-4.227




.....

.8-4
9-4
10-4
11-4
..5-4

...

..

45

.

37
36
37

.

509
469
197
421

$783,799
2,101,703

18
40

11
16
18 ;

THE MARKET DURING THE

$672,104
1,119,679

Add eut’d for consumpt’n

....

do L
8
Thorndike B 86
10*
Tuscarora XX 36
17
45
do
23
Utica
35
16
do ex hvy. 86
17*
do
5-4
25
do
,6-4
27*
do
.8-4
42*
do
.9-4
46
10-4
do
50
86
do Nonp.
18
Waltham X.. 83
11*
do
42
15*
do
.6-4
21
do
.8-4
27*
.9-4
\
do
32*
do
10-4
37*
21
Wamsutta. .9-8
18
do OXX... 36
18
do OHH
36
24
5-4
do
9
33
Washington
36
Wauregan..
16-17
do camb.
12
White Rock
36
13
Whitinsville
36
•10
33
do
....

14*

11*

SAME PERIOD.

Manufactures of wool....

12*

.9-4
10-4

....

10*

.

15
14

36

.

10
8
9

.

do
A 36
W 36
do
N.Y. Mills. 36
36
Peabody....
.6-4

...

.

1874-

8*
17
18
20

17

Width. Price.

do
do
do

13
20

18
16
18

Adriatic
36
Agawam F... 36
Alabama.
36
Albion A
36
Atlantic A... 37

Amoskeag.

.

12*

...

Newmarket C 36

19
22
27

..

Suffolk A....

16

42

D....
H.
P.
L fine
LL...

12*

37*

36
36
33

.

.

do
do
do

23
19

12*
14*

12*

do

10
16

15

FrauklinMfgCo36

do
do
do
do
do

.

Llnwood
Masonville..
Masconomet.

36
33

..5-4
..6-4
100s 36

do
do
do

.

14

....

15*

GB.

8

10

do
%
Slatorville.... 36
do
33
38
Social C
36
do L

82*

46
36
36

.

Lyman camb

6*

Standard

14
15
18
30

Langdon

—

^

8*

33
36
85

Reynolds AA.

13
12
13
11

.

Loom

8,643 $2,336,317

WITHDRAWN FROM WAREHOUSE AND THROWN INTO

36
42
45
36
36

..

..

3,071 $1,119,679

$406,509
301,236
151,708

X.. 36

86
do
C
4-4
Davol...
42
do
....5-4
do

189,733
70,493

943
226
618
373

12*
16*

do

....

•

Clinton CCC.. 36

Pkgs Value
1,139
$549,549
1,540
525,687
1,093
798,702
810
200,654
4,061
261,725

881

•

Chapman fine 36

9, 1874.
.

....

Hallowell Q.. 36

....

have been as follows:

—

.

....

grades of goods for the tailoring trade; and
moderate aggregate business in fancy cassimeres and worsted
coatings is reported. Cloths and doeskins are rather dull.
The demand from the clothing trade for heavy weight goods
for their fall stock has begun, but not with much activity. There
are plenty of opportuuities to pick up stock, at very reasonable
figures ; but the outlook does not seem to indicate any probable
advance; and as the future of the clothing trade is not particu¬
larly encouraging, there is nothing to induce clothiers to operate
on a very liberal scale.
Wool is dull, and rather easy, though
quotations do not show any material decline.
Otli *r branches of the woolen goods trade are quiet but steady.
Dress fabrics sell fairly and are firmly held. There is a light
inquiry for flannels and blankets, but quotations are to a consider¬
able extent nominal as few transactions of any magnitude have
been made as yet.
Foreign Goods.—The market has been quiet, but the feeling
continues steady, and nearly all lines of goods are held with
considerable firmness, The importations during the season have
not been excessive, and although the trade has ruled light suffi¬
cient business has been done to keep the stock of dress fabrics
well under control. Silks also exhibit considerable firmness, and
for a few weeks past have been moving more freely. The weather
is altogether unfavorable for a good retail trade, and until it
becomes warmer no great activity is anticipated.
The importations ot dry goods at this port for the week ending
April 9, 1874, and the corresponding weeks of 1873 and 1872

1872'

..

...

to the better

/

....

•

Red Bank.... 36

11
10

do
E.. 36
36
12X Harris
10* Hill’s S. Idem 33
do
36
9
36
Hope
36
16
Howe
13
Ind. Orch.AA. 86
16
do
H dw 36
do
CC.. 34
12*
12* King Phillip 86
do
camb 36
10*
8-4
10
Laconia
9-4
do
7*
10-4
do
11*
16
Lonsdale.... 36
do Cambric 36
17
11* Lawrence S. 36
•

....

market continues quiet, anc
The current jobbing trade is restricted

ENTERED FOR CONSUMPTION FOR THE WEEK ENDING APRIL

.30

....

Domestic Woolen Goods.—The

,

...10-4

ArkwrightWT 36

A.. 32

do

35
40
15

cottons has been
stimulated somewhat by the reduction of prices, but the wants
of the trade are not heavy just at this season, and the aggregate
movement is, therefore, light. The demand for full package lots
has been

If

....9-4

do
do

their stocks. The

in
24
26
28
33
40

20
25
15

2$

S83

April 11, 1874.]
PRICES CURRENT.
ASHES-

Min. A Blasting

8 75 & 8

14 00

f

9
@
9

Rockland, finishing

Lumber—Sonthern pine.
White pine box boards

HIDES-

3d fine
Cut spikes,

6 25

@

4 25 @

all sizes

Paints—Lead,white,Am, pure, in oil
Lead, wh., Amer.,pure dry
Zinc, wh.,Amer. dry, No. 1
Zinc, wh., Amer., No. 1. in oil
Paris white, English, prime

4
6
....

US

...@

10 @
* @
11X9
29
29

@
@

29

@

29

CHEE8KState factory, fair to fan
State dairy, common to fair.../.....

15

@

!6X

12

@

14X

....

5 22X@

4 22X@
1100 @

Liverpool gas cannel
Liverpool house cannei

5 30
4 25
....

@ 20 00

COFFEE—

Rio ordinary cargoes,6O@90days.gld.
do fair,
go d.
do
do good,
do
go d.
do prime,
do
gold.
Java, mats and bags
gold.

22 @
25 @
23 @
2034«
£2 @

gold.
gold.

Angostura.

gold.

23

18X@

gold.

Savanllla

19*
20X
31*
22*4
23
25X
25

20X@

gold.

Domingo

@

aixi

gold.

Native Ceylon
Maracaibo
Laeuxyra....
St

io

20>$@
...@

19#

24
....

COPPER—
@

.35

@
,...@

83
35

24^@

25

Bolts

Sheathing, new (over 12 oz;
Braziers’ (over 16 oz.)
ingot
COTTON—Bee special report.
DRUGS A DYES—
Alum, lump

Argols,crude

krgols,refined

Arsenic,powdered

potash, Scotch

22
33

..

.

....

Camphor, refined
Castor oil, E.l.lnbond, $ gal..gold
Caustic soda
,....'....
**

@

@

5 00 ,9

"

Chlorate potasb

Cream tartar

*'

Cubebs, East India

“

“
*
cur.

Cutch

Gamblur,....
Ginseng, Western
Ginseng, Southern
Jalap

vitriol (66 degrees)

44

IRON-

gold. 5

Quicksilver

gold.

Soda ash
.
Sugar of lead, white
Vitriol, blue, common

75

87

37X
1

gold

2 18

62X4
67

@

9

George’s A Grand Bank cod

“
«..

3 75 @ 5 75
23 00 @ 24 00
00
00
50
50

CO

V lb

North River

FRUIT—
Raisins, Seedless

U*@
11 X@

Vcase. 7 00 @

cur.
-Sardines, 4 hi. box,
“
Sardines. ♦ ar box
.
Macaroni, Italian
Domestic Dried—
Apples, Sonthern,sliced,1873crop..
,

Western
do
....
Peaches, pared, pr. Ga., new....—
do
do. North Carolina1....
do.
do, Virginia

Raspberries

Plums




@

18

....

Valencia..77TT...
Loose Muscatel, new
Currants, new
Citron,Leghorn
Prunes,Turkish

Cherries, pitted

15

5 03 @ 5 20
2 50 @
13*4®
13X
11 @
11X
3 20 @ 3 30
5%@
6X
27 9
28

Layer, new
Sultana

do
unpared,
Blackberries

American

<a

@

85
23

halves & quarters

25X@

13 @
11 @

10 @

11X^

10X@

....

8
15
....

26X

14
13

12X
13
11

10 @

10)4

22 @

23

24 @
20 @

9 @

17

@

50

38

Demerara

V gal.

@
@
@

50

68 @

71

3 00
3 00
2 75

Tar,Wilmington
Pitch, city

Penned—Hard, crushed
Hard, granulated
do powdered

pale

2 70

@

5 50

@

....@
8 @

.An;er,.can V 3>
TEA—
Hyson, Common

.V bush.

@

31 @

25 @
17 @

1 00

....

45X
2 55
2 90
5 00
6 25

do

23
21

13

17J4
32

27
20

13

9
1 25

2 90
2 40

Virginia

Wilmington, new.
A^onds, Languedoc
do
Tarragona
Ivica
do
do
Shelled
do
Princess
do

19 x

is*
19
32
39

10X
44 00
45 00

®
@

44

@
«
@
(a.
@

1 13
96
42
85

Neatstoot

Sperm, crude
Sperm, bleached
Lard oil, prime

PETROLEUM—
Crude, in bulk
Crude in shipping order
Refined, standard white
Naptha, bbls
PROVISIONS—
Pork new mess

@
@

@

city

Beef hams, new

Hams, pickled

...V lb

Lard

gold.

R0
1 19

a,**

“

10 25
9 90

Havana, com.

to fine

15

Mannfac’d.in bond, black work.....
“
bright work
••

WOOLAmerican XX
American, Nos. I & 2
^

....Tib

@ 10
@ 9

50
75

*9X

Extra, Pulled
No. 1, Pulled

California. Spring ClipFine, unwashed
Medium
Common

Gmyrns,unwashed

HX

1°X

Tex**,

medium

...

ZSheet....

7*@

Heavy

goods. .V ton.

Corn.b’ik Abgs.V bu*.
Wheat, bulk A bags..

35

Beef
300

...•••

Fork....

,,.VbW.

47

Gh
@

25

@
@
@

80
27
19
29
S3
28

@
@
@
@
@
@

8X

-stkam.—

V bbl.

Flour

@

gold.
V »,gold,net

To Livxbpool :
Cotton.
V ».

@

20

40
51
45

American, Combing

11

s. d.

s. d'
5-167i..,.

3 0
30 0
....

V sack.

27H
24X

fillers.'72.

“

.*

20 00 @ 24 50

3 50

@
•9

Pennsylvania wrappers. ’71

7X@

SALT—
Turks Island...
St. Martins
Cadiz

Liverpool,various sorts

58

.........-f,

freights-

RiCE-

Rangoon.ln bond
Carolina, fair to choice
Louisiana, fair to prime

31

South Atn. Merino unwashed
Cape Good Hope, unwashed
Texas, fine

1° ®

9

70
1 10

11 rn @ 14 37X
19 00 @ 19 50

10X9

7X

“

10 50 @ 12 00
12 50 @ 18 50

Beef, plain, new
Beef, extra mess, new

75i@

TOBACCO—
Kentucky lues, heavy (new crop),...
44
“
leaf,
Seed leaf. Conn. A Mass., wrprs. ’72.
44

16 90 @ 17 15

V bbl

Pork, extra prime
Pork, prime mess

9X
8X

33

‘

@

9X
9X
9X

9X@
9X@
9X@
8X@
8 @

25

tt

English

@
...@
84 @

winter

10X@
10^@
10X@

43

Plates. T.C.cbarcoal

.@

«

7X@

6%@

.!

TIBN.nc.

70 @

Whale,bleached winter

7X@
6X@

63
V6

Plates,char. Terne

OILS—

Cottonseed, crude
Olive, m casks V gall..
Linseed, casks arid bbls
Menhaden, prime light

9*4@

cur.

choicest

Straits

.gold

@

Imperial.Com. to fair
25
i.o
Sun. to fine
43
ExtTafine to finest
do
6s
Eyson Skin. A Twan.. com. to fair.
18
Sup.to fine..,..
‘,0
do
do
Nominal.
do
do
Kx. fine to finest
88
Uncolored Japan,Com. to lair.
do
Bnp’rtoflne
55
Ex.fine to finest
68
do
Oolong, Common to fair,.,.
26
do
Superior to fine
«3
do
Ex fine to finest
63
do
Choicest
.
IPS
Bone. A Cong.. Com. to fair..
21
do
8nn’rtqflne
8R
Ex. Ilrift to finest........
66
do

@
@

to fair

@

4

9 @
9V@

VIb

Superior to fire
do
Extra fine tc finest
Young Hyson. Com. to fair
do
Super.to floe
do
Ex.flneto finest
do
Choicest
Gunpowder, Com to fair.
do
Sup. to fine
do Ex. fine to fineBt
do

8

7X@
8X@

TALLOVV-

14X
12

8X@

do
do.
off A
White extra C
Yellow
do
Other Yellow

10W

Grenoble

7K@

standard centrif

Soft white, A.

%

7X@
7X@

Manila...

9
@
9
@
^

good refining

prime, refining

grocery. fal¥ to rnoice..
Brazil,bags. D. 8. Nos. 8 to 12
Java, do. D.8., Nos. 10 to 12

70

NAVaL STORES—

Tar, Washington

spring

..

42

45

,@

11X@
9 @

do

..

82 @

@

@

fair to good grocery
pr. to choice grocery..
centr.hhds. A bxs, No. 8 to 13
Molasses, hhds A bxs. ....
Melado
Hav’a, Box.D. S. Nos. 7 to 9
do
do
do 10 to 12
do
do
do 18 to 15
do
do
do 16 to 18
do
do
do 19 to 20
do
white
do
Porto Rico,refining, com- to prime.

37
36X

fair to

do
do
do
do
do

27W

.

17; .0
9X@
14 @

Cuba,inf.to com. refining..

....

34 @
22

@ 187X
1 85 9
9« @

8UGAR-

30

36 @
....

“

castsprlng

American German

28

32 @

Whale, Northern

FLAX—

quarters

27 @
26 @
25X@
....

cnr.

American machinery

6

@

40

...

S3 55

American blister
American caBt, Tool

8X@
9 @

grocery grades,—
Porto Rico

Clty, bag

—gold.——.

■"

V ga!’. 3 85 @ 15 OO
“ 8 75 @ 550
“ 3 45 @
44 8 15 @ 8 35

English, cast,2d*lat quality
V lb
English, spring,2d & 1 st quality.
English blister, 2d & 1st quality

6X®
....

’*

12$

47 X

8TEEL—
15

....

gold

OIL CAKE-

17 00 @ 20
Mackerel,No. 1, Halifax
Mackerel, No. 1, Bay, late catch..., 18 00 @ 19
Mackerel, No. 2, shore
16 00 4 16
15 00 @15
Mackerel,No. 2, Halifax
14 50 @ !5
Mackerel, No.2, Bay

do
do

&
@
@
@

OAKUM

....@
....@

18

Brandy, foreign brands
Rum—Jam., 4tn proof
St. Croix, 3d proof.
Gin,Swan and Swallow
Domestic liquors—Cash.
Alcohol (88 per ct) C. & W
Whiskey

English Islands

Peanuts.

@

86

gold

Mackerel, No. 1, shore

do
do

20
20

@
@
_

•

..

Hickory nnts

12X@

SPIRITS—

Cuba, clayed, new
uuba,centrifugal and mixed, new..
Cuba Muscovado, new refining to

extra

11 X@

1 18 @ 1 28
1 15 @ 1 17X

Cloves
do
steirin

14

25

12X@

Calcutta

Nutmegs, Batavia and Penang......
Pimento, Jamaica

44

Western....

State, sliced

15

LEATHERHemlock.Buen, A’res, h.,m.Al.cur.
44
California, h., in. & 1.. “
'*
Orinoco, Ac.,. h., m.& 1. 44
44
rough
44
Slaughter crop
**
Qak. rough
“
Texas, crop
;
“

do
Pecans

FISH—

do
do
do

do

®

@

@
25 @

Vera

Mace

LEAD-

No. 2

6 25
7 OO
5 50

39

GJuger African

95 00 @
32 00 @ S3 00
28 00 @ 30 00
37 00 @ 41 00
Store Prices, each.
Bar,'Swedes, ordinary sizes
160 00 <ai62 50
100 OO @135 00
Scroll
11U 00 @155 00
Hoop
Sheet, Russia, as to assort
gold.
16X@
17X
Sheet, single, double & treble, com.
4X@
5X
Rails, new, English
gold 55 00 @ 57 00
Ralls new, American
60 00 @ 65 00

pale

7 25

,...@

white

do

Filberts, Sicily
no
Barcelona
Brazil nuts, new
Walnuts, Bordeaux
do
Naples

cur.

. • .*

Rhubarb .China,good to pr....V lb.

Sal soda,Newcastle,
Shellac

Dates
Figs
Canton Ginger

do

-

44

2 60

7X9

Cassia, ChiuaJLlgnca

Pig,American,No. 1
Pig, American.No.2
Pig, American Forge
PIg,SCOtcn

•*

2 80

6X®

Pepper, Sumatra
do
Singapore

*lb

N.Orleans good to prime

2irx

SPICES-

44
44
44
44

Ordlnary, foreign

S12X

@
@
@

7 00
6 00
6 00
5 25

Foreign

4

Domestic
Bar
Sheet and pipe

V lb

Western

"

Cropof 1878
Crop of 1872
Crop of 1871
Crop of 1670

10*

@

SPELTER-

27

NUTS-

234@

Opium,Turkey,In bond

do
do
do
do

5*

••
••
'*
44

Chili
Pernambuco
Matamoras
Bahia

“

22
25
29
25
7
6
16

...

Prussiate potasb,yellow

....

3X@

45
Bplrlts turpentine
Vgall.
Rosin com. to good strain’d V bbl. 2 45 @

1 35

gold
'*

Nutgalle,blue Aleppo

5 25

1 85

cur.

Madder, French^—

1 00

@
@
S5>*@
8 @
4*4@
5)4®

gold.

Lac dye,good* fine
Licorice paste, Calabria
Ltcorlce paste, Sicily
Madder, Dutch

31

52
52

44
**

Cochineal,Honduras
Cochineal. Mexican

Quinine

....

....

“

Brimstone,crude.
Brimstone, Am. roll

Oil

8X@
16 @
26 @

gold.
“
“

Bleaching powder

"

@

8 00
2 15
2 70

..

.

Tsatlee, No. 3 chop
Tsatlee, re-reeled
Taysaam.Nos. 1 &2
Canton, re-reeled No. 1

MOLASSES—

.
..@
5 25 @
“
17 &
1734
“
2 50 @
<’ 33 00 @87 09
Tib,.
3 @

Bicarb.soda, Newcastle
Bi chro.

..;

8

HOPS-

4 50 @ ....
4 52X@ 4 60
4 82w@

25.000 tons stove
7,000 tons chestnut.

“
“

SILK-

10

' •*

Calcutta, buffalo

@

March 25:

7,000£ons steamboat
15,000 tons grate
6,000 tons egg

9*®

44
California
44
cur.
Texas
E. I. stock—Calcutta Blaught... gold
Calcutta, dead green.

COAL—

Auction sale of Scranton,

"

Flaxseed, rough
Linseed,Calcutta V 56ttgold (time)

Para

BUTTER—

Firkins.per invc’e (N.Y., N.J.APa.)
Single dairies entire
“
“
“
“

,

Wet SaUecl—Buenos Ayres

2X@

Welsh tubs, per invoice
Do. single dairies

@23C 00
@120 00

gold

Dry Salted—Maracaibo........

..

1 05

.

Montevideo
Corrientes
Rio Grande
Orinoco
California
Maracaibo
Babia

00 @60

S S7X@
5 50 @

Nails—10@90d.com,fen A sb-V keg
Clinch, l to 8 in. A longer

nominal.

Dry—Buenos Ayres

00 @180
00 @ 26
00 @20

@

gold.225
44 235 00
00 @233
@290 00
00

Sisal
Jute...

33 00 @28
White pine merchan. box boards. 34 00 @ 30
Clear pine
65 00 @75
50
100
24
18

185 30
115 JO

Manila

1
1
1
36 30 @38

Cement— Rosend ale
Lime—Rockland, common

1 00

.....

flussia,
tallan clean

@ 16 i

38 50 9 30

Philadelphia.

3*

iox@

V lb.

River.shipping

HEMP—
American dressed
American undressed

building materials—
Bricks—Common hard, afloat

Oak and ash
B1 ackwalnut
Spruce boards & planks.
Hemlock boards A planks

@

5*|
....@

Crude
Nitrate soda

4 25
8 75

SEED—

HAYNorth

BREADSTUFF8—See special report.

Croton

@

14
6

13 X«

Refined,pare

Shipping » 25 ft keg

6*@

Pot..

SALTPETRE—

GUNNIES.—See report under Cotton.
GUNPOWDEK-

GENERAL

@....

@40 0
@....

9X3...

10^ &....
7 «

a...

5 8

@,,,,

t.

@

8X

-SAIL
,
8. d.
d.

X®
2 9@
25 0 @
....

@

8X*
8*9
5 0 @
3 6 tt

[April 11, 1874.

THE CHRONICLE

384

Railroad

Commercial Cards.

Irvine K.

Chase,

M. K.

Financial.

Material, &c.

The New York

Jesup & Company,

BANKERS AND

*

MERCHANTS,

AND

INSURANCE

LIFE

'

BUYER)

COTTON

COMMISSION

LIBERTY STREET,

59

Negotiate
Bonds and Loans for

Nashville, Tennessee,
REFERENCE.—First National Bank, Nashville.

McAlister & Wheless,

Cars, etc.

WILSON,
Late Bt. Maj.

COMMISSION MERCHANTS,
Special attention given to Spinners' orders. Corre¬
spondence solicited.
Rbfebenoks—Third and Fonr h National Banks,
and Proprietors of The Chronicle.

No. TO

RAILWAYS,

Slip, New York.

31 FINE

JobbiDg Trade ONLY Supplied.

10

Smith, Baker & Co.,
MERCHANTS

66^

Pine

COR

.

Cornhill, E. C., London.

Steel

LIES,

COMMISSION

Hone Kong,

WM.

Union Trust

Street.

Corner of Kector

STEEL

Lovell,

COMMISSION

MERCHANTS,

President.

EDWARD KING,

McLEAN, First Vice-President.
WM. WHITE WRIGHT, Jr.,
Second Vice-President.

J. M.

EXECUTIVE COMMITTEE:

L. N. LOVELL.

Borden &

'

Government Bonds.

OFFICERS:

RAILS.

WM. BORDEN.

DOLLARS.

ONE MILLION
Invested in United States

Fox Sc Co.’s

SECURITIES NEGOTIATED.

RAILROAD

MERCHANTS,

Shanghai, Foochow A

Compdnv

BROADWAY,

73

States for

Agents in the United

Sole

York.

Canton, China.

MEIKlEHAM, Assistant Secretary.

Iron Rails.

and

BESSEMER

& Co.,

Olyphant

JOSEPH R. KEARNY, Secretary.

CAPITAL:

Japan.

New

Street,

kinds.

STREET, NEW YORK.

Samuel
W

sell Secnrities of all

Hamilton Fish,
Thos. W. Ludlow,
Wm. B. Astor,
George T. Strong,
John Q. Jones,
Robert Ray,
Meredith Howland,
Mose* Taylor.
Henry Chauncey,
John Taylor Johnston,
William
E. Hodge, Jr.
Wm. H. Aspinwall,
Henry Parish,
JameB Colles,
J. J. Astor,
Jas. P. Kernochan,
JaraeB a. Roosevelt,
Wm. C. Schermerhorn,
Jose >h Battel',
-•
Lorl’d Spencer,
Frederic W. Stevens, *
Robert l,. Kennedy,
Charles G. Thompson.
HENRY’ PARISH, President
TH MAS W. LUDLOW, Vice-President,

OF NEW YORK,

REPRESENTED BY

E.

2RUSTEES.

Heyerdahl, Schonberg & Co.,

SALERATUS,

Yokohama and Hlogo,

Wilson,

4 Per Cent. Interest on De¬
posits, payable alter ten days’ notice.
Legal Depository for Executors, Trus¬
tees, and money in Suit.
Grants Annuities and Insures Lives.
Allows

Build, Manage and Equip

Negotiate Loans and

SODA

AND

COMMISSION

the

Owners.

WALNUT STS., ST. LOUIS, MO

Report tjpon,

MANUFACTURERS OF

The

Manages Property as Agents tor

Otherwise.

WILLIAM ST., NEW YORK.

COR. FOURTH &

John Dwight & Co.,

Railways

Pres. St.L.ds S.E.R’way

Gen.,U.S.A.

Winslow &

NASHVILLE, TENNESSEE.

No. 11 Old

or

EDWARD F. WINSLOW.

J. H.

COTTON

of

by Will

Created

Trust

Accepts

and nndertake

ill business connected with

STREET.

CHARTERED IN 1830.

Locomotives,

Steel Ralls,

COMPANY,
WALL

52

No.

Contract for

Iron or

SUPER-CARBONATE

TRUST

Railroad Cos,

J.
B.
E.
G.

Samuel Willets.

M. McLean.
H. Hutton,
B. Wksley,

Wm. Whitewright,

G. Williams,
J. H.

Jb.,

Gko. Cabot Ward,
Wm. Butler Duncan,

OGILVIE, Secretary.

AND

Represented by

General Agents

-

Co., of China,
Wall St., New York.

THE

NEW

YORK

OLYPHANT Sc
104

Borden

Brinckerhoff, Turner
&

RIVER IRON WORKS CO.’S
Nails, Rands, Hoops and Rods,

PHELPS,DODGE&Co

And all kinds of

CLIFF

COTTON CANVAS, FELTING DUCK, CAR COVER.
1NG, BAGGING. RAVENS DUCK, SAIL TWINES
&C. “ ONTARIO” SEAMLESS BAGS,

Between John

Also, Agents

States Bunting Company.

Widths and Colors always in stock.

No, 142

Duane

TIN,

Cheney Brothers,

AND KINDS.

LEAD,

SHEET

SHEET IRON,

ZINC,

COPPER,

Spelter, Solder, Antimony, See,

SILK MANUFACTURERS,

MANUFACTURERS OF

Conn.

COPPER,

BROOME STREET,

BRASS AND WIRE.

Wm

Thos.

Pig

Pickhardt&Kuttrofl:
IMPORTERS
AND

COMMISSION

MERCHANTS
IN

Street, New York.

r^OLPFICKUHTTROFF,}General Partners.
BADISCHE AN1LIN & SODA FABRIK.




CAPITAL, $500,000.

charter to act
guardlau.
It ran act as agent in the sale or management of real
estate, collect interest or dividends receive registry
and transfer books, or make purchase and sale of Gov¬
This Company

Special Partner.

is authorized by special

receiver, executor, trustee or

and other securities.
Religious and charitable Institutions, and persons
unaccustomed to tne transaction of business, will find

ernment

for
RIPLEY ROPES, President.

this Company a safe and convenient depository
money.
W. R. Bunker. Secretaiy.
Edgar M. Cullen. Attorney and Counsel.
H. E. Pierrepont,
J. S. Rockwell,
S L. Husted,
Chas. R. Marvin,
Abm. B. Baylis,
D. Chauncey,

John Halsey,
H< nry Sanger,
W. C. Kli gsley,
W. S. Tisdale,
Josiah O. Low,
John P. Rolfe,
W. R.

Edward W.
CIVIL

78

BUNKER, Secretary.

COMPANY.

Serrell,

ENGINEER,

Broadway,

Alex. M. White,
Edward Harvey.
James »>. Fish,
Alex. McCue,
H. J. Cullen, M,D.

Commercial Warehouse

Iron,

New York.

RAILROADS, BRIDGES AND EXPLORATIONS
“SEFFELL’S PATENT WROUGHT
IRON VIADUCTS.”
.

Philadelphia and Boston.

Brooklyn Trust
Co.
Brooklyn, N. Y.

Montague & Clinton sts.,

Capital, $2,000,000.
RANKERS
Sc MERCHANTS.
BANKING OFFICE, 29 WILLIAM STREET,
Cask

Comer

&c, &c„ &c.

Branch Offices In

Cor. of

BANKER, Secretary.

New York.

RAILS, COPPER,
SPELTER, TIN, LEAD,
NICKEL, BISMUTH, Ac.

CHEMICALS, COLORS, DYESTUFFS,
No. 23 Cedar

J. Pope & Bro.

292 Pearl Street,

York.

New

The

FOSTER. President.

TRUSTEES:

SALESROOM:

477

JOHN T.

-

SHEET IRON,

CHARCOAL AND COMMON

Deposits and Trust
W. H.

DEALERS IN

RUSSIA

$1,000,000.

Funds.

as

PIG

Hartford and South Manchester,

Pay Interest on

Roofing Plates,

OF ALL SIZES

Street.

CAPITAL,,

New York.

and Fulton,

Tin &

BROADWAY,

STREET,

IMPORTERS AND

“AWNING STRIPES.”

22 9

Opposite the Hew Post Office.

WE8T ST., New York.

70 and 71

COTTONSAILDUCK

A full supply all

No.

FALL

Co.,

Indemnity Co.,

Loan &

COALS,

AND

Manufacturers and Dealers n

United

Mining Co.’s

CUMBERLAND

Jose F.Navarro,

o——

PT* Particular attention given to the
of Public Works for capitalists seeking

examination
investments

Exchange Place.

WAREHOUSES, ATLANTIC DOCK, BROOKLYN
CASH ADVANCES made on FIRST-CLASS SECU¬
RITIES on demand and time.
r
CASH ADVANCES made on all kinds of MER¬
CHANDISE stored in our own WAREHOUSES, on
FAVORABLE TERMS.
PAUL J. ARMOUR, President.
JOSE F. NAVARRO Vice-President.
JOHN BAIRD, 2d Vice-President.
FELICIANO LATASA. 8d Vice-President.
Paul J. Armour, YVm. D. Bowerman, 0. H. Delamater
John Baird,

Feliciano Latasa,
Thomas Murnhy,

Juan J. Jova.

Henry
B. Hyde.
Secretary.

JAMES CLYNE,

WILLIAM TOBIN, Sup’t of

Warehouses.