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xmm
HUNT'S MERCHANTS' MAGAZINE.
REPRESENTING THE COMMERCIAL AND INDUSTRIAL INTERESTS OF THE UNITED STATES
VOL.
NEW
26.
YORK, APRIL
(TSCORTORATED NOVBMBEB,
1 TtTALI.
Co.,
STR££T,
and Interest allowed on Balances. Special attentloa
:
paid to Investment Orders for Miscellaneous Stacks
and Bonds.
Gwynne & Day,
[EstablUhed
COKRBSPONDESCE SOLICITED.
The Bauk of California, San Francisco.
Vommunleationa may headdretwed
Companjf in any language*
to
road Securities made a apeclalty.
MlQing Stocks bought and Eold
San Francisco Exchanges.
Corrcapondenco solicited.
Treasurer.
JNO. E. CUBRIEU, Secretary.
Poms, Prest.
Sah'l PBiu.irs, Cashier.
NEW
•
Maverick National Bank,
ISI
Surplus,
Special attention
(tlvcn
to
COLLECTIONS, and
Boston business paper discounted. Correspondence
tOTlted.
R. A. Lancaster
&
BOSTON.
NEW YORK,
Hatch
BANKERS,
BaNKBRS and BROKERS,
T W^all St., Cor. New, New York.
LNVESTMENT 6ECU1UTLES.
Laidlaw & Co.,
BANKERS,
AGENTS FOR THE BANK OF CALIFORNIA.
No. 12 Fine St., New York.
)
Receive deposits and transact a general banking
buelness execute orders at the N. Y. Stock Exchange
for Stocks, Government, State, Municipal and Railroad Bonds and Gold,
Particular attention elTen io tke pnrand sale or Jniulns Stocks In San
Francisco, for wblch we bare the best
ctaase
Co.,
fiiellltles; also all other California Securities.
Issue Dills of Exch lUtTe, Letters of Credit and Telagraphic Transfers on London, Yokohama, Shanghai,
Hong Kong, Honolulu, Virginia City and San Francisco.
Foote,
No. 7
WALI. STREET,
MISCELLANEOUS SECCIilTlES.
&
ScTDvK Gbakt.
O. St.
NEW^ YORK.
STOCKS, BONDS and GOLD Bought and Sold oa
Commission, and carried on Margins.
Deposits deceived and Interest Allowed.
Accounts of Country Banks and Banken re
tr
STREET,
B.
NEW STREET,
Transact a General Banking Business.
oelved on favorable terms.
Company,
BANKERS AND BROKERS.
No. 33 \r A li I.
TUAN8ACT A GENERAL BANKING BUSINESS.
STOCKS BOUGHT AND BOLD ON COMMISSION.
INTEItEST ALLOWED ON DEPOSITS.
attention to business of country banks.
Francis,
BANKERS AND BROKERS,
BUT AND SELL
Grant
&
Trask
GOVERNMENT BONDS, GOLD, STOCKS AND
BOUTUERir SECVRITIBS X SPECIALTY.
LOAMS NEGOTIATED.
Co.,
&
No. 13
WM. ALVOKD, VloePros't
THOMAS BUOWN, Cashier.
HAMBURG.
Bought and Sold on Commission.
Tlrglnia Tax-IiecHvabU Coupona Bought.
&
Street.
HOUSE IN EUROPE,
JOHN BERENBERG, GOSSI^ER Sc CO
Plrst'CIas^ Invostmeut Securities.
OOVEKN.MKNT BONDS, STATE, CITV, COUNTT,
RAILIiOAU& MISCELLANEOUS SECOBITIBS
Sute
International Bank or Hamburg and
I.ondon, (Iilmlted.)
Co.,
PKALE>:8 IN
A. H. Brown
70
&
MILLS, President.
;
OOEEESPOXDEXTS OP
BANKERS AND BROKERS,
BROADWAY',
New York and
YORK,
GOSSLER
prompt remittances made on day of payment.
at
Pearl Street.
BOSTON.
......... ^400,000
......... 200,000
Capital, Paid up in Gold, $5,000,000.
D. O.
Stocky Bonds, Gold and GOTcrnment Securities
bought and sold for cash or on margin.
Southern and Westvrn Stale, Municipal and Itall-
H. VAN ANTWERP, Prea't.
nArDONOlXill, Tice-Prea>U
SREPARD,
S. B.
Petty & Bostwick,
BROAD STREET, NEW YORK.
13
thU
BOBTWICK,
Member N.Y. Stock Exchange.
N. Pbttt.
J.
—
Capital,
No. 16 Wall Street.
1854.]
Transact a generarbanklng and brokerage business
In Railway shares and bonds. Government Securities
and Gold.
Interest allowed on deposits.
Investments carefully attended to.
alterations.
A. D.
NEW^ YORK.
Deposits received In Currency or Gold,
eign coins.
TRANSACTS A
GENERAL BANKING BUSINESS.
This Company engraves and prints bonds, postage
•lamps and paper money for Tarioaa foreign
"Governments and Banlilng Institutions South
American, European, West India Islands, Japan, &c.
60
9,000,000 Francs.
AD. Frank (Frank, Model & Cle.)
Aug. Notteboum (Nottebohm Freres).
Kb. Dhani.s (Mlchlcls-Loos).
Jou. Dan- Fuhkm^nn, Jr. (Job. Dan. Fahrmann).
Louis Wkiieb (Kd. vVeberA Cle.)
Jui.K8 liAUTENSTBAt'cu (C. Schmld & Cle.)
in tbe highest etyls of the art with tptcial Hff4ovarii devUed and patented, to pieTent counter
p.
-
BOARD OF DIRECTORS
AND COMMERCIAL PAPERS,
Asa
-
Fklix Ori8\b, President.
Alfbkd Maqdinay (Graff & Maqulnay), Vlce-Pres.
J. H. Von der BaoKK (B. Von der UeckeJ.
Otto Guntiikr (Corueille-Davld).
EMir E UE GOTT\L.
EXOBATIKQ AND PbC^TINQ OP
B.INK-NOTES, STATE ASD RAILROAD BOin>&
POSTAGE AND RETENITE STAMPS,
C£RTIFICAT£S, DRAFTS. BILLS OF EJLCBANGS,
J.
J.
ST.,
n. S. Government Bonds bought and sold In
amounts to suit Investors also Gold, Silver, and for;
Paid-up Capital,
Onlted States Bonds, Notes, Ciirreno7
and National Bank Notes.
and
NASSAU
No. 6
Ant WE RP.
1859.)
NEW YORK.
teiling
BANKERS,
Anversoise,
Centrale
National Bank-Note
HATCH,
FISK &
Banque
TBE
668.
Financial.
Financial.
Financial.
OFFICE, No.
NO.
13, 1878.
John SnsnsLn.
Hilmers,McGowan & Co
BROKERS IN
FOREIGN EXCHANGE AND GOLD,
63 IVaU Street, New York.
BOX
(P. O.
2.S47.)
Special attestlon paid to the negatlatlon et
Com
merclal klUs.
Charles G. Johnsen,
nERCIIANT
A5iD
E.HAAK.
J.
BE5esTLEB.
C. P.
KnSnNKXUNnT
Haar & Co.,
BANKERS
AND BROKERS,
BANKER,
45 WALL STREET.
166 GRAVIER STREET
MBW
J.
OBI.BAN8, LA
DEALERS IN SPECIE AND CNITED STATES
8ECUKITIES. Buy and sell Stocks, Bonds, and Gold
fur cash or on marKlii.
orders fi>r Investments.
S,it.clal
attention paid
to
OUDKKS. FXkc|;TK1> AT THE PHILADELPHIA
AND BOSrON STOCK E.1CUANUES
Kountze
13
Brothers,
BANKERS,
W^ALL STREET, NEW YORK,
ali paru of tlis
Time and Sight BIIU on the UNIOS
Issue Letters of Credit, arallahle In
Torld;
also.
ANK OF LONDON.
Cable Trsosfen made.
:
THE CHRONICLE.
11
&
Morgan
Drexel,
Co.,
street,
waLiIj
coenee op broad, new yorz.
Drexel
No.
34
&
Co.,
SOTJTH Thied
I
St.,
Drexel, Harjes
SI
& Co
Boulevard Haussmann
Paris.
Fbiladelphla.
DOMESTIC AND FOREIGN B.^^NKEES.
|
Deposits received subject to Draft. Securities. Gold.
&c., bought and sold on Uommlseion. Interest allowet;
on Deposits. Foreign Exchauge. Commercial Credits.
Circular Letters for Travelers,
Cable Transfers.
available in all parts of the world.
Attgrnbts and Aqknts of
& CO.,
IHessrs. J. S.
MOKG4N
No. 22
OLD BROAD
Brown
ST..
No. 59
\irAIiIi
AGEKCV OF THE
Imperial Bank of Canada
Bank of British
Capital, $1,000,000.
HOWL.\ND, President D.
H.
WILKIE, CasUIe;
North America,
HEAD OFFICE, TORONTO.
S.
&
Drafts on Scotland and Ireland, also on
Canada, British Columbia and San Francisco. Bills
Collected and other Banking Business transacted.
D. A. MaoTAVISH, Agents.
]
G. M. MORRIS,
Bank
V.,
Commerce,
of
STREET.
No. 50 TTAIiIi
laeue, against cash deposlKd, or satisfactory guaran.
tee of repayment, Circular Credits for Travelers, In
dollars for use in the United States and adjacent
countries, and In pouTids attrlinff for use In any part
Surplus,
Buys and
Sells Sterling
Exchange, and makes Cable
issues Commercial Credits available everywhere.
THEY ALSO ISSUE COMMjERCIAL CREDITS
MAKE CABLE TKANSFEIiS OF MONEY BETWEEN THIS. COUNTRY AND ENGLAND, AND
DRAW BLLLS OF EXCHANGE ON GREAT
BRITAIN AND IRELAND.
G.
&
G. C. Ward,'
AGENTS FOB
j'.
h'.
GOADBf
.
(
Agents.
Merchants' Bank
OP
CA N A D A.
Capital,
.
-
$0,200,000, Paid Up.
-
BARING BROTHERS & COMPANY,
52 WALL STEEKT, NEW YORK.
28 STATE STBEBT, BOSTON.
GEORGE HAGUE, General Manager.
WM. J. INGRAM, Asst. General Manager.
&~Co^
"j\~& jrStuart
NASSAU STREET.
EXCHANGE ON
BILLS OF
SMITH, PAYNE & SMITH'S,
BANKERS, LONDON
;
MANCHESTER & COUNTY BANK,
"LIMITED";
JOHN STUART & CO., Bankers,
MANCHESTER, PAYABLE IN LONDON
UIiSTER BANKING COMPANY,
HEAD
OFFICE, MONTREAL.
BANKERS.
LDNDON, ENG —The Clydesdale Banking Co.
NEW YOKE— The Bank of New VorK.N. a. A,
Agents
street.
York Agency, No. 52 lYllIIani St.,
wltb Messrs. JESUP, PATON & CO.
Ne<tv
street.
The Bank of Toronto,
CANADA.
Reserve,
$2,000,000.
HEAD
$1,000,000.
OFFICE, TORONTO.
Dtinqan Coolson, Casliler Hugh Lkach, Asst. Cash
Branches .at Montreal, Peterboro, Cobourg, Port Hope
;
Barrie, St. Catharines, Colliiigwood.
BANKERS:
LtiwnON, England.— The City Bank.
National Bank of Commerce,
ic»nr
Vrtor
ry BW
K ore. i ,, ^ sniithers
^
and W. ^Vatson.
Collections made on the best terms.
Foreign Bankers.
Adolph Boissevain & Co.
U A N
K.
EK
S
AND
COMMISSION MERCHANTS,
AMSTERDAM, HOLLAND
N. Y. Cori-espondents.-Messrs.
National Bank of the Rcpuulic.
The New York Agency buys and sells Sterling Exchange, Cable Transfers and Gold, issues Credits
available in all parts of the world, makes coliectious
in Canada and elsewhere, aid issues Drafts pay.. ble
Demand
at any of the officer of the bank In Canada
drafts issued payable lu Scotland and Irelaud, and
every description of foreign bauklng busluess undertaken.
Wall
59
Promptest attention paid to collections payable In
any part of Canada.
Approved Canadian business paper, payable in gold
or currency, discounted on reasonable terms, and
proceeds remitted to any part of the United States by
gold 9r curcency draft on New York.
^
President, the Hon. JOHN HAMILTON.
Vice President, JOHN MoLENNAN, Esq.
33
Lombard
Capital,
$6,000,000 Gold.
$1,900,000 Gold.
Capital,
in New York:
Bask of Montrhal,
Agents in London:
BosANQUKT, Salt & Co.,
Transfers of Money,
of the world.
S.
Dealers in American Currency and Sterling Exchange.
93
Demand
R.
;
Bbanohks :— ST. CATHERINES, PORT COLBORNB,,
ST. THOMAS, INGERSOLL, WELLAND.
rates; also Cable Transfers.
The Canadian
Co.,
ST., N.
STREET.
No. 52 Tf'AI.L
Commercial Credits issued for use In Europe, China,
Japan, the East and West Indies, and South America.
Demand and Time Bills of Exchange, payable in
London and elsewhere, bought and sold at current
LONDON.
Brothers
Canadian Bankii.
Canadian Banks.
Foreign Excbaiige.
XXVI.
[Vol..
Henry
BLAKE BROS. Ss CO
King & Co.,
BAN K B R S
S.
,
45 Pall mull, London, Eng;land.
CIRCULAR NOTES
Issue
in all parts of the
/rctf
0/ cA arj?e, available
world.
;
NATIONAL BANK OF
CABLE TRANSFERS ANO LETTERS OF CREDIT
J.&W. Seligman&Co.,
BANK BK8,
iHHae
^
$12,0OU,000, Gold.
5,500,000, Gold.
-
QEORGH! STEPHEN, President
It. B. ANGUS. General Manager
OttK.
Nos. 59
&:
C. F.
u.
AudcruiiA
feru of
Buy and
money on
Kivropp Ami ^'rtMf-.rntn
Collections on
Receive Deposit
Points.
all
and Current Accounts on favorable t«rme,and do
Genera] London and Foreign Banking Bnsiness.
KING, BAILLiE &
CO., Liverpool.
Nt.W yOKK CORRESPONDENTS,
Messrs. W^KIt, C.^DIPBELL A: CO.
STREET.
Smithees,
) «.,„„,.
Watso.\, j-*^-™'"-
Waltke
and Am«rlc--.
Make
oFricis;-
CI ^VALl^
Letters of Oretllt Uvr TIavel^r^5
Fsyable In any pun of Kuru(>e, Aoia. A.tru
Boston Bankers.
No.
Co.,
No. 8 Wall Street, New York,
4 PoHt OlHee Sqaare, Boston.
CHEQUES AND CABLE TRANSFERS ON
the
London
B A
CiBom^ N otes
>'
KE
S
IJ
Knoblauch
&
89 \Yilllam
Capital Paid
HEAD
,M.
Lichtenstein,
BANKERS,
Exchange
NEW YORK.
St., cor.
ISO Pearl
Street, Neiv
AeSNTS FOB THB
Credit
Co.,
York.
LONDON AND HAN8GATIO BANK,
(LaiITBI».-LONDOH.
Up
-
-
-
Pres't.
C. K. .MURRAY, Cashier.
BRANCHES:
Commercial
Orders executed on Commission at Brokers
S«o.
Board
Wm. Ballou.
Geobge H. Holt,
Member N. Y. Stock Exchange.
Oeo.Wm.Ballou&Co
8
Hajolton, Out.; Atlmer, Ont.; Paek Hm,, Ont.;
BBDFOSn, P. Q.
WALL
STREET,
New
York,
n DEVONSHIRE
ST.,
Boston,
BANKERS AND DEALERS IN
(CITY) .-Owen Murphy.
Municipal Bonds.
Halifax.
LONDON.—The Alliance Bank (Limited).
NEW YORK.—The National Bank of Commerce.
Messrs. Hltmers, McGowan & Co.
Chas. A. Sweet
CHICAGO.—Union National Bank.
BUFFALO.-Bank of Buffalo.
Sterling and
and
'^old
Investment Securities constantly on hand.
$1,000,600.
NOVA SCOTIA.—Merchants' Bank of
FOBEIGN AGENTS
Bi.uiis.
*S(tSA,
Auetlons, aud Private Sale.
OFFICE, MONTREAL.
GAULT,
Dt^aiers In Stocks.
,
laper.
AOENTS:
of Europe.
&
H.
QUEBEC
SPECLAL PARTNER,
DEUTSCHE BANK. Berlin.
G. Amsinck
No. 9 Blrchln Lane.
Place,
Make Telegraphic Money Transfers.
Draw Bills of Exchange and Issue Letters of
all principal cities
Oflice,
Co.,
STREET,
roiVGitJiSS
BovitOll.
OF CANADA.
a np Crbdits fob Tbatzz.bb8.
Mo. 35
of Candida.
Exchange Bank
MUNROE &
CO., PARIS.
STERLING CHEQUES AND BILLS AT SIXTY
DAYS' SIGHT ON
ALEXANDERS & CO., LONDON.
Dominion
&
Brewster, Basset
Sleniug Exchange, Francs and Cable
Transfers; grant Commercial snd Travelers" Crediesue drafts
its, available in any part of the world
on and make collections in dilcatrw aud throaghout
sell
;
&
John Munroe
for use againsi
Execute Orders on the London Stock Exchange.
CAPITAL,
SURPLUS,
NSW ronK
NBW
bTUK.KT.
COMMERCIAL CREDITS
Consignments of Merchandise.
SCOTI.ANI>.
ALSO,
COUKKK HUUA1»
Grant
Bank of Montreal.
BELFAST, IRELAND;
AND ON THE
American Exchange bought and
&
Co.,
BANKEBS
sold.
Interest allowed on Deposits.
Collections made promptlf and remitted tor at lowest ratea.
40
STATE STREET, BOSTON.
DEALERS IN GOVERNMENT
Btftte, Cltf,
SECU.U1TIES, Gold,
County and Railroad Bonds.
I
,
Apbil
13,
THE CHRONICLE.
1878J
Western Banks.
TB B
Boston Bankcn.
&
Parker
BANKKliS,
Hnr nnd
Stackpole,
BKVONSUIKB STRKKT,
UONTON,
78
U eatern
Xvll
•>'
Vltr
Oonuiir Houtla.
Philn.
&
Wilson, Colston
BANKKUS ANU BKUSSUS,
VIKOINIA BECBKITIKS
uid
Correapoudenco
J.
*
Broihwr*
8T.),
PHII.ADKL,PHIA.
Order* Id &iuckii and Kuniie promptly executed at
ha PhlUdelpl)la and New l^ork HoardB.
Soiilhern Bankers.
s
>.
wtLUAm.
BAN K
&
Co.,
m
tu cuUcclloDs. wltb
rurr«^nt rater uf exchau^e on
E
n[
26 Pine
Street,
New
Ifork,
Broker and Dealer In Souttiem Securities. Loans
Negotiated. Adrancea made on Securities placed In
mT bands Tor sale at current rate&.
RsirKEKNCBs.— Henry Talmadge A Co., and Eugene
KeUy A OOm Kenr York; Southern Banlt. Savannah, G a
Especial attention fclven to
mlttancea promptly made.
Te xas
to collections
on
all
.
acces-
sible points.
OiBKCToRS.— Benjamin A. Botts. Pres't: C. S. Longcope, W. .J. Hut;ulns. F. A. Klce, C.C. Baldwin, W. U.
BotlB. Kob't Brewster.
BENJ. A. BOTTS, Pres't.
It. F. WKKMs. c'a»liler.
W. House,
T.
.....
J. C.
We Far
President.
Vice-President.
Telegraphic Transfers, Letters of Credit and Drafts
on The Nevada Bank of San Francisco.
Financial.
Gvlif Silver and Negotiable Seearities.
Qnlf Consolidated Bonds.
Coluicbla
&
Angaata First Hortgftge Bond«,
Georgia Railroad Bonds,
Greenville
&
Columbia Guaranteed Booda,
Ohio Sterlings,
Mobile
&,
Macon
& Augusta Firsts
Memphis & Charleston
Endorsed,
Firsts
Mississippi Central Firsts
CHAMPAION, ILL.,
OFFERS FOR SALE
REAL ESTATE FIRST MORTGAGE
COUPON BONDS,
Mississippi Si Tennessee
[Gstablislied
ISfil.l
tl.lOO and upwards, yielding EIGHT to
per cent seinl-annuat Interest, and negotiated
through the houaes of
In
amounts of
TEN
it
TULLKYS,
Montgomery
&
Kew Orleans &
and Second!,
and Seconds,
A. C. Burnham,
BUrtXIIAM. TimVliTTA MATTIS, Champaiax,
DEALtR IN
&
Central Georgia Consolidated Bonds,
FLOOD,
BURSUAM <t BUYER.
TEXAS.
Atlantic
Higliest Marliet Rates for
tlie
2,500,000
.
H. W. GLENNY, Cashier.
CORRESl'ONDESTS:
LONDON
SMITH, PatnB a SxiTHS.
NEW YORK
TuK Bask of Nkw York, N. B. A
The Bank of New York, N. B. A., Is prepared to Issue
BU /IN HA if
BANKER,
41 OIAIN ST., HOI7STON,
Overdue Coupons.
Capital, fully paid In coin, $10,000,000
Capital, Iil500,000,
We Rive specl;!! attention
Railroad Bonds,
Co.'b
Nevada Bank
THE CITY BANK OF HOUSTON,
Houston,
City Bonds,
Bank.
Bank.
Collections, and Re
San Francisco— Wells. Fargo &
LOUIS MoLANE,
HUNTER,
S
in
Southern State Bonds,
Pres't.
A.J. WILLIAMS, Vlce-Pres't.
S. G. COLLINS, Cashier.
EBERT,
Reserve,
AND
J A
Dealers
185,000
.
.
SAN FRANCISCO, CAL.
Savannah, Georgia,
SI.
.
Uh/ of
James Hunter,
Box
F. J.
8TUEET,
NEW YORK.
DENVER, COLORADO.
~^- • - $2.50,000
Capital Stock, Capital Paid-in,
OP SAN FRANCISCO,
U •orpool. Uv^rpO'-'i
p. O.
P. N.
prompt
Mrmeai.
Oormpondentn. — Oermau Amerlcim Bitnk, Kew
7ork 1 LoaUlftuit NtitlonKi Itauu. New Orleaiu; Banlc
yt
$6,000,000.
1,55 0,000.
-
NEW
FUKD'K F. LOW,
( u«nai,..ra
lONATZ STKINHART, ("""*""•
LIL1KNTHAL Cashier.
Th
i:
bp«cul uttfUVioa paia
ninltuui'iee
No. 9
Seiii::iiian& Co.
CORRKSPONDENTS.
ns
AL.ABA:Vf A.
noBiLK,
W.
Nkw Yobk— Tradesitien's National
jho. w. iau.«K
Thos. P. Miller
Office. 4,-U CalifurQla St.
A^i^nts, J. Jt
Exchange Bank,
STOCK BROKER,
tOS WALNUT PLACK (316 WALNUT
>aos. r. IIIU.BB,
ARENTS & YOUNG,
Court.
f^o.
Austin,
Bell
Ani,-el
Transact a geiteral Banking Duslness. Issue Com
aud Bl)l» uf Kxcbantte, avuUable In all
worM. t'oliecttoua and orders for Bonds.
Stocks, etc.. cxeruted npon the most favorable terms.
a
^
txu-
Infomatfon
and
lollclted
('oaKanpoNnKVTO— MnKim
N. \.
SAN FRANI'ISCO
.3
parta of the
•(MOlklCy.
alslied.
neudOftliv,
merclttl Credits
BALTIX.OKE.
IHVBSTMKNT
(LIMITED).
LONDON,
Authorized Capital, •
Paid-up and Kcservo,
Co.,
financial.
Anglo-Californian Bank
NEW YORK
Biilllmoro Bankers.
A.
HI
.A
West Point
and B Bonds,
Firsts,
Jackson Firsts and Seconds,
Northeastern Railroad of South Carolina,
lU.
Council BIu/Th, Iowa.
Sonth Carditia Railroad
Grinnell, Iowa.
All these loans are carefully made, after personal
Inspection of the security, by members of the above
firms, who, living on the ground, know the actual
value of lands and the character and responsibility of horruwerc, and whose experience In the business for the past SIXTKKX YEARS has enabled them
to give entire satisfaction to Investors.
L'^nubual facilities ottered for the prompt collection
Firsts,
Western Railroad of Alabama Bonds,
Alabanu Old Bonds,
Sonth Carolina Approved Consola,
of defaulted muulclpal bonds.
South Carolina Old Bonds,
COLLBCTIOys
MADE TBR0U9H0U1 TEK
SI ATS
OliD
Burs AND SELLS EXCHAKO ON ALL THE
PKLNCIPAL CITIES OF THE UNITED
'
STATES AND EUROPE.
&
Adams
Leonard,
BANKEBS,
DALLAS, TEXAS.
Moody A Jemlaon
Heir York Correspondent
A. K. WaxjtZB, Casbiet.
B. S. BvBBCss, Prea't.
National Bank,
First
tVILMINWTASN, M.
CoUectlonfl marie nn
all
c.
parts nt the United States
Wcfttcrn Banks.
C. F. PIXZIL,
Prealdent.
)
BTATK BANK,
I
\
lucurporatcd UtS.
(
C. T. WaLKXX,
Cashier.
$75,000.
25,000.
to
AGKNiJY
SAVINGS BANKS EVEN, prove
The
wish Investments
Louisiana Old Bonds,
Virginia Consols,
CKNTRAL ILLINOIS LOAN
old
stinds uiiinuvt;d amidst the storm.
ABDLUlELV
h,\FE IN
If
you
ANY
CONTINGENCY, address, for circular—" Actuary of
KANSAS. MlSSOUl'.l & CENTRAL ILLINOIS LOAN
AGENCY." jACK80MTtlJ.K. 111.
Virginia
810
P. C. Interest.
Tax
Receivable Coupons,
Memphis City Bonds and Coapooi,
NiW
Orleans City Bonds,
City of Savannah Bonds
[owa Bonds & Morfgngcs
(IKO. W. FRANK & DAH"
now, BANKERS and XeKOtla-
tors of Loans, CornlnK, Iowa,
and 195 Broadway, WesitTn Union HUlg., N. \ .^luakc
loans on tliR best improved farms In Iowa, at 8 t« 1
per cent Interest. Always first Hens and Improved
t'amis; nevt:r exceeds one-third the cash value
The bonds haro coupons
the land alone.
attached, and the IntercH Is pulU eoiiii ^luauaily, at
the Central National Banlc, In Kew York, and the
principal, when dae, at the same bank. Several years
exp<;rlence of the flmi In louilng baa sliown Uiese
loans to be
and Conpons,
FOR SALE:
Alabama
Class
A Bonds,
South Carolina Consols,
of
The Interest and prln-lpal have always beeb paid
when due, without th^- lunut of a dollar. Send for rull
printed particulars, or call at the New York otHce
and ('xaminc maps and appllcaCloos for loans la sums
ranging from «fi(X) to ^,m.
REFEh'BNCES:
ROCK, ARK.
SOBPLt™
Prompt attention Klren
Bonds. Stocks,
brlllle reeds.
Cent.
AND TRIED.
Lonlsiana Consols,
Mobile City Bonds.
PERFECTLY SAFE!
German Bank,
I.ITTL,E
CAPITAL (Paid-is)
A Solid Ten Per
business In our lino.
N. T. Co»iiii«povnE\Ta. Konnell, Lavaon A Co. and
tb cMetropoUIaa National Bank.
^,
,
all
^h^
V7m. A. Wheelock, K»q., Preat.Cent-NatTBanlr, N.Y.
Gllman, Son & Co., Uaukcrs, 4't Exchange Place, N. Y.
H. C. FfthneMock. Ksq.. Kirsi National Bank, N. Y.
Henry H.ralnier. K«q New Brumiwick, N.J.
Cha». .1. J*t'trr. Kso., htimfoni, Ct. ,
A. J.OdWL Ksq., bec'y D. 1.. A W. UK. Co.
Aaron llealy, Ei*q., 5 Kerry etrcek N. Y.
Edwards & odell. Attorneys, S3 William street, N. T.
,
Stocks and Bonds bought and
Sold on Commission for Ciisb or
on
7IarKi»>
CORRESPONDENCE SOLICITED AND
QUOTATIONS FURMSHED.
THE CHUONICLE.
IV
Financial.
Financial.
UNION TRUST
NEW
OF
CO.
YORK,
No. 73 Broadway, Cor. Kcctor
CAPITAL,
-
-
$1,000,000.
-
.
^J^
St.
HAS SPECIAL FACILITIES FOR ACTINS AS
Transfer Agent and
Registrar of Stocks.
Anthortzed by law to act as Executor, Administrator, Quardlan, Receiver, or Trustee, aad Is a
i.e:gai.
depository for money.
Interest allowed on Deposits, which may be made
and withdrawn at any time.
N. B.— Checks on this Institution pass through the
EDWAKD
Clearlng-House.
M. McLean, Ut
J.
KING, I^esiaaU.
EXECUTIVE COMMITTEE.
Samuel Willkts,
"Wm. Whitewright,
M. McLeak,
Augustus Scheix,
E. B. Wesley,
J.
Geo. Cabot Ward,
Theodore Roosevelt.
G. G. WiLLLAMs,
J.
H. OGIIiVIE,
Secretary.
The Brooklyn Trust Co.
Cor. of Hontagite
M
&
Clinton
Brooklyn, N. T.
sts.,
Company iB
authorized by special c^arter roBct
receiver, truBtce, guardian, execuior or admlbU-
This
trator.
It can act as agent in the sale or management of real
estate, collect Interest or dividends, receive registry
anf transfer books, or m uke purchase and sale oi Gov*
eruK tnt and ether pccuritiea.
Religious and charitable institutions, and pereons
unaccustomed to tne transaction of business, will And
this Company a safe and convenient depository for
KIPLKY ropes. President.
R, MARVIN, Vlce-Prea't,
SceAB M. CULLBN. Counsel.
TRUSTEES:
money.
CHAS.
Austin. Corbtn.
Wm.
Edmund
R.
"W. Corlles.
BUNKER,
Secretary
Special attention given to Compr.imlPlng. Funding,
Buying or Selling Missouri County, Township and
'
Municipal Defaulted Bonds.
Holders and dealers woubJ consult their Intere
bv
conferring with us. Reliable Information cheerfully
lumlbhed.
t.'»
P. F.
KEIiBHER
CO.,
Sc
AND BROKEKS,
ST- LOUIS.
BANKE-RS
References.— Messrs. Clark, Dodge & Co.,Ppeyer
New York E. W. Clark & Co., PblUdeJphia.
Co,,
&
;
STOCKS
BONDS
and
RR.
By virtue
of ordinanco No. 10,655, authorizing the
bonds of the City of SI. Louis
and sale of
sufficient to pay
issue
of bonds of the CITY, and
of St. Lonis,
do of the ate
$835,0.
for which the CITY is liable, all maturine; during
the fiscal year commencing April 9, 1878. sealed proposals for the purchase of St. Louis City bonds,
hereinafter deecribed, to the amount uf one million three hundred and twenty-eight thousand dollars (tl. 328.0011), or two hundred and tixty-flve
thousand tlx hundred pounds sterling (£J8-5,6i:0), or
any portion thereof over fifty thousand dollars
($50 000), or ton thou-and pounds sterling (£lii,0i:O),
OP
will be received at ihe N.^TIONAL
IN NEiV YORK, until 12 o'clock
noon of the twejitieth day of April, 1878, and publicly opened by one of the undersigned officers of
the city at said place and hour.
The awards, which will be subject to the approval
of the Committee on Ways and Means of each
branch of the Municipal Assembly, will be finally
acted upon on or befure the twenty-second day uf
April. 1878.
S463
OJfl
COONTY
BANK
t?aid bonds will be dated May 1, 1678, and will
each he of the denomination of $1,0.'0 U. 8. GOLD
COIN, or SOU pounds sterling, payable TWENTY
YEARS after their date, and will bear inierest
from their date at the rate of five (5) per cent per
annum- Semi-annual interest coupons of the denomination pf 185 U- S. L'old coin, or £5 Stirling,
payable on the flist day of November aim M.iy, respectively, will be attached to each bond; and both
bonds and coupons wi 1 he payable to bearer
ti her at the National Bank of Commerce in New
York, iu U. 8. gold coin, or at the office of J. S.
Morgan & Co., Li>ndon, England, in pounds eter-
iing,"at the option of the holder.
Bonds muirt be paid lor in current funds, and will
be delivered at the National Rank of Commerce in
New York, or at the ffice of the Comptroller of
the city f St Louis, viz. tither the entire amount
bid for ou May 1. 1878, or in instalments as follows: 41 per cent thereof oi? the Isi day of May,
1878; 49 per cent on the Itt day of June; and the
remainder on the 1st day of July, 1878, as the
purchaser may elect. In all cases of deferred payments Ihe accrUL-d interest on the bonds to be
paid 10 the city.
Propo als must state the price ffercd, in cutront
funds, per hind, and the place and date or dates
wh- n delivi ry is desireO; and must also be accompanied by a deposit, iu current funds, at the National Bank of Commerce in New York, equal to
five (5) per d nt (f the amount of bonds bid for;
said deposit to be returned if proposal is not accepted, otherwise to be held as part pnrcha-e
money, or forfei led to the city in event of failure
or refusal on the part of the bidder to comply with
his proposal.
All prop 'sa's ranst refer to this advertisement as
a portion of the agreement on the part nf the bidder; must be addiesseti to the undersigned, in caie
of Ihe National Bank of Commerce, in N. w Yoik,
and be indorsed "PROPOSAL FOR PURCHASE
:
(
i
Bonds.
Defaulted
St. Louis City.
Dakota Southern
PBOPOSAIiS FOB GOIiD AND STER- FIRST nORTGAGE
7 PER CENT
LING RENEW Ali BONDS.
GOI.D
SINKING
FUND
BONDS.
Mayor's Office St. Louis, March 3% 1878.
i
Alez.McCne.
Chas. R. Marvin, A. A. Low.
JobB F. Ralfe,
Thomas Sullivan, AL>m. B. Baylls, HenryK. Sheldon,
H.K. Pierrepont, Dan'l Channcey, John r. Martin,
Joslah O. Low, Kipley Rones.
Alex. M. White,
Henrv Sanger,
J.B.Rockwell,
Financial.
COMMERCE
Vice-Pi'eMdent,
%d Vice Pre-'ddent.
Wh. WmiKWKiaHT,
At Auction.
The nnderslgned hold RKSULAR AUCTION
BALES of all classea of
STOCKS AND BONDS,
OP
LOUIS CITY BONDS.'
SI.
Tiie undersigned reserve the right to reject any
and all proposals, aid also the rivhi. in thi; event of
a pr muini being off red, to limit the number of
bonds to be issued accordingly.
A sample bond can be Been, and further information obt ined, at the ofHce of the Comiitroller of the
city of St. Louis, or at the Naiional Bank of Commerce, in Ne > Yor \ or the National Bank uf the
New Y"'k City.
Republic,
m
HENRY OVERS rOLZ.
E, L.
ADRkOIN,
Mayor.
Comptroller,
OH
WEDNESDAYS AND SATDKDAT8.
ADRIAN
No. T
WALSTON
H.
H. 1HI:L.LI:R
&
SON,
PINE STREET, NE5? YORK.
7BED. A. BROWN.
BEOWN.
Walston H Brown & Bro.
Albert E. Hachfield,
18
WAIit STREET,
34
BFBCIAL ATTENTION GIVEN TO THE NEGOTIATION OF
RAIliROAD SECCRITIES.
H.
L.
ALI. DesOEIPTIONS.
No. 145
'
BOUGHT AND
30
23.
B0N1»!«
SOLD.
In this paper-
BROAD STREET.
OAS STOCKS
A
Brooklyn
SPECIALTY.
Securities
WALSTON
Jones on Mortgages,
of the Boston Bar. 2 vols., 8vo. Law sheep. $13 00'
This Important work oii Mortgages presents the
law of the subject, anl the modifications of
that law made by statutory enactments and Judicial
decisions, in a way to avoid confusion of ttatemefit,
and so as to enable one to ascertain as easily as possible the law on any p.trt of the subject for auy State la
the Union.
It Is confidently anticipated that this
work win be found adequate and exhaustive In Its
important branch of law.
"." For sale by Booksellers. Sent, free of expense
on receipt of price, by the publishers,
common
HOUGHTON, OSGOOD & CO., BOSTON
THE I7NDER!>IGNED WIIiLi PUR-
CHASE, at par and accrued interest to date, the
following coupotts:
Columbus & Indlanapslls Central Railway Company
2d mortgige, due November 1, 1877.
Toledo Logansport & Burlington Railroad Cempany
l8t mortgage and Income, due February 1, 1878.
A.-ISELIN &
48
NATIONAL BANK,
Beds
Mas
Boston, March
XS.
A.
Bougbt and Sold
&
Wis.
I'OH SALE.
7 per ct bonds. 1897.
Piue St., N. y..
' ew llrunswlck
tj'ri>KV, 31
WANTEU:
Alabama, South Carolina Ic Ijoalslana
State Bonds;
Neiv Orleans Jaoksou \, Ut. Northern,
nisBlHiiippl ('entral, and mobile
6c QIilo Railroad Bonds ;
City of NcAV Orleans Bonds.
Sc
BOBG,
S6
sold
Ballou,
on commission, for cash or on
GREGORY,
WALL STREET.
MiTUUIN BALLOU.
Y. StocK Exchange.
OAMBBON.
JA8.
A. Evans
&
Co.,
DEAIiERS IN STOCKS,
38 Broad Street and 34
NEW
New
Street,
YORK.
All active Stocks dealt In on one per cent margin
1-16 of one per cent ou 10 shares and
CommlssloB
upwards.
.
I.EVY
&
EVANS.
W.
acllic liullio.id liuiiis, all Issues.
....
20, 1878.
STOCK AND BOND BROKERS,
6 W^all Street, Newr York.
STOCKS. BONDS and GOVERNMENT SECURI
W.
Interest-paying llond- if Btiuihern Uallroads.
llontls, all lsi:ue8.
Cain, li Kulti.n R
Win.
located at BOSTO.N', In the
achusetts, Is closing up Its affialrs. AH
note-holders and others, creditors of said association
arc, therefore, hereby notifiel to present the notes
and other claims against the association for payment.
GEO. S. WHEELWRIGHT, Cashier.
State of
-
Jersey City and
CO.,
Wall Street.
VJOTICE.— THE EliEVENTH W^ARD
l-'
i
saiidu--kv Mnnsfteld & Newark liii. nondsof Ohio, Iowa
Clty, Uoiintj a id Town
Lo'iiivii.eA- Nnshvl le RU. Stock.
i
BRO.,
A TREATISE ON THE LAW OF MOBTOAOES
OF REAL PROPERTY. By Leonaed A. JoKKS.
Member N.
W.INTED.
Kansas
BROWN &
H.
34 Pine Street.
CH
Fort ^^ay'eJiCK.& aglnaw iK. Ronds.
Geo. H. Prentiss,
Boom
The $568,000 first mortgage bonds are the only Indebtedness of the company. We have sold during
the past two months over$350,0C0 of these bonds.
Wlien the balance is sold the company wlU be
entirely free from floating debt. We are authorized
to sell the remainiug bonds at 90 per cent and
accrued Interest, at which rate they yield nearly
ei^ht per cent interest.
I
BROADIVAY,
8«e qnotatlODB of City Railroads
Iowa, to Yankton, the capital of Dakota, a
The road has been completed and
running five years; and during
these years of business depression the net eamiTigt
over all expenses have each year exceeded, by more
than fifty per cent, the amount required to pay tiie
interest on its First Mortgage Bonds, while the
net earnings for 1877 were two and a-half timea
greater than the interest on its entire bonded debt.
City,
distance of 62 miles.
margin.
tock and Bonds.
i:n, Prefcre
Oregon Steam NavlKatl^n Co- Stock.
Claims on .lay fool\e & Co.
Jefferson.
NEW YORK.
CITY RAILROAD STOCKS &
being at the rate of $9,030 per mile of road.
The Dakota Southern Railroad mns from Siota
TIES bought and
Routhern Rallroail Bonds, all kinds.
Tolelo Loginsport & Burllneton Bonds.
Kansas lacllic Railroa itonds.
Union * L'>s.tnspo t Bonds,
luaianiprlls & \ incennts Bonds.
N irthorn Pacific
Cancelled by the Sinking
Amount now Outstanding $558,000,
$I8,0C0.
Gregory
T xasPaelflcUK Lan. Grant Coupon non-rs.
Ma Ison & ind- K. Ist and 3d Mort. Bonds
Grant,
Fund,
nSALS IN
WANTED.
York.
Original Issue, $600,000.
NEW YORK,
Flrst'CIasa Iiivestineut Secnrltles,
Clir BONDS OF ALL KINDS,
Railsoad Bonds axd Sobthern Skodeitiis of
.
BANKERS,
Pine Street, New
XXVL -
[Vol.
G, T.
Bonner &
CoT,
BANKERS AND BROKERS,
No. 2U Broad Street, Nenr York.
W^ANTED:
Jeffersonvllle Mad. & Indianapolis UR. Ut Mort. B ds.
Indianapolis & VIncennes Rli. 1st and 2d Mort Bonds.
* hlo Railroad let Mortgage bonds.
New Jersey Land Improvement Co. Stock.
FOR SAI.E:
St. 1 0"is Vandalla & Terre Haute KR. 1st Mori. B'd»
Mobl
e
I
Central
Louisiana ttdte 7 Per Cent Consol. Bonds.
.Memphis City 6 Per Cent Compromise Bonds.
Niagara Falls International Bridge Co- stock.
xmtlt
HUNT'S MERCHANTS' MAGAZINE,
REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OF THE UNITED STATES.
SATURDAY, APRIL
YOL.-26.
Rothschilds, of
THB CHRONICLE.
TlM)
New Loan and
the
Bantu
—
355
from Jan. 1 to March 31
Latest Monetary and Commercial
357
EnRliah News
Commercial and Miscellaneous
859
News
351
352
Oonipvss and the Income Tax
and Samoa — Tho
853
Treaty
The MlwitslppI and the Harlem. 354
Railroad Earnings iu March, and
8. Securities,
I
Railway Stocks, Gold Market,
Forcixn Exchange, N. Y. City
SCO
Banks, National Banks, etc
i
I
I
;
and *5,000.000 per month during the balance of the year. The sale
centum bonds will be continued by Ihe Treasury Department as heretofore, upon the terms and conditions of tho last circular, and the proceeds
will ho applied to the redemption of 6 per centum 5-20 bonds."
diately,
Quotations of Stocks and Bonds. 363
3i.4
Local Securities
Investments, and State, City and
3b5
Corpoi atiou Finances
of 4 per
THE COMMERCIAL TIMES.
Oomerclal Epitome
a69|Dry Goods
OottOD
BreadstnOs
SR9
This, certainly, will be considered a very favorable
374
Imports, Receipts and Kiporta....
3';5
negotiation for the government.
I
3731
glte Cltrattidje.
The Commercial and Financial Chronicle
the latest
news up
to
is issued an Saturmidnight of Friday.
TERMS OF SUBSCRIPTION-PAYABLE
IN
$10
or I'ost-Olhce
Money
20.
deduction allowed by the act for expenses,
Orders.
Offlcn.
The London office of the CHRONICI.K is at No. S Austin Friars. Old Broad
Btrett, where subscriptions will be tak<;n at the prices atrove named.
AdTertinements.
NEW
I*osT
^F* A
centa.
neat flle<over
Volumes bound
laB^ For a complete
July, IHA5, to
office.
•t
data— or
is
furnished at 60 cents; postage on the same
for subscribers at $1 .50.
set of the Cohmeiicial
of
Office Box 4,592.
Hunt's Mekcuamts' Magazine,
1669 to
l!i71,
CfTbe
Btuiness Department of the Cintoinci.B Is represented
Tlnancial Interesta in New York City by Mr. Fred. W. Jones.
THE
NEW LOAN AND THE BANKS.
has shown in his interviews
I
<fcc.
The
also
Sherman
inquire
with
tlie
Committees of the House and Senate, not only his faith
in the possibility of executing the Resumption Act, but
also his determination to do it; and the disclosures of
the past few days are the signs of the progress he is
mating. In fact, the events of the week, culminating in
the
associated
banks.
doubts with regard to the fact that on or "before the
first day of January, ISVO, any one can, on application
at the office of the Assistant Treasurer in New York^
obtain gold or silver for greenbacks, in sums of not less
than fifty dollars. The terms of the loan are subitanout in the following, which was posted, shortly
after one o'clock on Thursday, on the bulletin boards of
It
is
especially
interesting
now, as showing how entirely all our people are ready
to devote themselves to the work of resumption.
The meeting was sought by the Secretary and arranged
through Mr. Hillhouse, the presidents of the five largest
institutions bt ing first invited, but on their suggestions
the successful negotiati'^n with the Syndicate bankers of the invitations being
a sale of 4^ per cent bonds, practically put at rest all additional presidents.
tially set
is
will have the gratification of continuing to
fund the debt at the same time that he is preparing for
a ri'tnrn to specie payment.
among
But the record of the week's work is far from complete without a more detailed account than has yet
appeared of the negotiations to the same end with
and Fikancial CnB0Nici.E—
ue
Mr Sherman
is 18
i
announcement
an interesting and important reservation, as the Treasury and
the Syndicate will be interested in an easy money market, and the latter in keeping up the price in London
for binds; while the transaction itself, and what it
promises to secure, will tend to give a new impulse to
our credit everywhere. Undir these circumstances, it
is not unlikely that the subscriptions on the part of the
public to this 4 per cent loan will be increased, snd Mr.
closing statement of the
London
Transient advertisements are imblisht d at is cents per line for each insertisn,
but wlien definite orders are given for five, or more, insertions, a liberal discount is made. No promise of continuous publication in the best place can be
given, as all advcrtii^ers must have eqnal opponunitles. Special Notices in
Banking and Financial column 90 cents per line, each iu!*ertion.
WILLIAM B. DANA & 00., Publishers,
wiixiAH B. DANA, I
YORK.
79 ft 81 WilUam Street,
JOHil a. noTD, /B. f
some unfortunate condition of
the exchanges, not to be anticipated, should intervene.
The price, 101^, is of course coupled with the usual
6 10.
£2 58.
Annual subscription In London (Including postage)
do
1 68.
Six mus.
do
de
Subscriptions will bo continued niitll ordered stopped by a written order, or
at the pabtication o^«. The Publishers cannot l>e responsible for Remittances
made by Drafts
really an option, but prac-
is
tically a certainty, unless
FocSUMonths
anleea
from
who
remaining 1 10,000,000
ADVANCE:
For One Year, (including postage)
We understand,
should know, that the above, however, is to
be interpreted literally; that is to say, that the only
subscription now made is for $10,000,000, and that the
parlies
day morning, with
<!fc
" The Secretary of the Treasury and the members of the last Syndicate have
entered into an a;»rcement for the'sale, for resumption purposes, of $5i',000,(X)0
United states 4X per centum 15-yf ar bonds at par and accrued interest, and
subscribed imme1>4 per centum premium in gold coin, tlO,0!)(',COO to be
THE BANKERS' OAZETTB.
Money Market, U.
668.
W.
London ; Morton, Bliss & Co. ; J.
the
and
London;
of
Seligman
Brothers
Seligraan, and
First National Bank
CONTENTS.
Steinberircr
NO.
13, 1878.
extended
The
so as to include five
parties present were,
on tho
Palmer, Tappen,
Sherman, Buell, Vermilye, Calhoun, Coe, Seney; and on
the par of the government, Secretary Sherman, Attorpart of the banks.
Presidents Vail,
ney-General Devens, Comptroller Knox, Mr. Hillhouse,
secretaries.
The meeting waa considered to be
simply a preliminary one, and was held at the Bank of
and two
Commerce.
What was hoped
for
from
the
con-
the Sub-Treasury, the parties composing tho Syndicate ference .was greater harmony of feeling and action
being Urcxel, Morgan & Co., and J. S. Morgan
Co. of between the banks and the Treasury, and this was
&
London; August Belmont
&
Co.,
and through them the
expected to be attained under some agreement by which
1
,
THE CHRONICLE.
352
the goverament should dispose of 4 or 4^ per cents in a
BuflScient amount to secure the accumulation of the gold
[Vol.
XXVI.
these details have seemed to us an important part
of the
history of the transaction.
As one bank president
re-
needed by the first of January.
marked, all the reward any of them wanted was resumpPerhaps Mr. Sherman's original desire for this confer- tion. Tiiere can be no ground hereafter
for the slightest
ence arose out of a very foolish idea which has to some belief in any action other than the
heartiest co-operation
extent gained currency, that there is likely to be such on the part of these
institutions in the government
hostile or unfriendly action on the part of these insti- efforts.
Of course they cannot control their depositors,
tntions as possibly to embarrass his efforts in securing but they will exert all the
influence they have in behalf
resumption. So far is this from being true, that our of a successful issue to the
Secretary's endeavor.
leading bank officers are most zealous for his success,
gongress~aM)~Yhe income tax.
believing, as they do, that there is no relief for the
On
Wednesday, the Committee of Ways and Means,
present depression except through resumption; and Mr.
Sherman was therefore assured at the outset, and is by a vote of six to five, decided as to what should be
undoubtedly convinced now, if he was not before, that the nature of the second section of the new Internal
the banks were entirely in accord and in sympathy with Revenue bill which they are preparing to report to
and aims. Furthermore, they showed that
it was their desire and intention to do everything they
conld to assist the government.
And, in accordance with this purpose, their first proposal was to let him use the whole machinery of the
banks to place his loan, the banks to make nothing out of
it.
So heartily interested were they in securing the end
sought that they were very willing to be used if they
his purposes
The first section was decided upon at a
recent meeting of the committee.
It surrenders part
of the tax on tobacco, on which commodity the rate is
Congress.
reduced by about one-third. The amount of revenue
which will thus be lost to the Treasury is variously
estimated at from nine to fourteen millions of dollars.
The second section of the bill, upon which the com-
mittee are just beginning their work, attempts to make
could only be ensured against loss. The Secretary pro- up the deficiency in the revenue which has been created
posed that they should take a certain amount of 4 per by the remission of the tobacco tax in the first section.
It was agreed some time ago by the commiitei- tliat no
cents at par or of 41 per cents at 103.
loan at
such rates, however, they did not think they could nego- tax eould be reduced unless some new tax were imposed.
tiate.
Their position was such, holding within their con- In order to remit the tobacco tax it was necessriry, then,
to decide upon some new impost, and the one cho.sen is the
trol or under their influence the commerce of the
A
country,
they thought they could be of great use to him unless income tax. In voting for this tax, the committee are enthey went so far as to embarrass themselves, and then dorsing the report in its favor presented by the ub-comthe final influence of their intended assistance would be mittee on internal revenue at the beginning of this month.
disturbing and therefore" "damaging instead of helpful. This sub-committee, as we stated s me tine ago, con-
The action of the silver bill, it was remarked, had been
more mischievous than some imagined. Bonds which
of Mr.
sists
On
Illinois.
Tucker of Virginia and Mr.
B rchard of
the income-tax question the sub-comaiittee
have been returned reach in the aggregate a very consid- were more agreed than on the tobacco tax, on which
erable amount, and they have not been absorbed by two propositions were made by the sub-committee, one
investors to the extent supposed; on the contrary, the reducing the tax about one-sixth and ihe 01 her oneThe larger amount of deduction was finally
banks are now loaning on such bonds, at call or thirty third.
adopted
by the committee and commanded an almost
days, a greater sum than at any date during the past ten
years.
While, therefore, these oflficers wished to enter solid vote. It remains to be seen whether there will be
into the plans of the government, the interests they equal unanimity in regard to the details of the income-
The sub-committee propose
subserve would not permit of their becoming permanent
any greater extent than at present; that they
tax.
investors to
assessed shall be
conld not take what they could not negotiate. Against
the possibility of floating a four per cent loan in large
uuder, three per cent on incomes of $5,000 to $10,000,
and four per cent on incomes exceeding $10,000. The
that the rate of tax
two per cent on incomes
of |!.5,000 and
country at the present time, the opinion sub-committee also propose a tax of four percent on the
dividends of railroads, banks, insurance companies, trust
of the officers seemed to be unanimous.
companies,
savings institutions, canal companies, and
But the Secretary did not feel willing to leave any
contingency of the kind suggested attached to the loan. other corporations. They also propose that the sum
He wished, very naturally, to make an absolute arrange- exempted from income-tax shall be fixed at 12,000 for
ment.
Consequently he and the other government each tax-p.aycr. These are the main feature- ot the proNone of them, however, has been as yet
ofScers retired, while the bank presidents consulted, the posed bill.
adopted by the committee, though, from present apresult of which consultation was the following offer
amounts
in this
:
"If the Secretary of the Treasury will intimate hia willingness to receive a
proposiUon from the national banks in New York, Boston, Philadelphia,
and
Baltimore, for the negotiation offifty mmona 4 4 'per cent bonds at par
in gold
for resumption purposes, we will recommend onr associates to unite
in
>
making
with the belief on our part that it can be accomplished as suggested.
This
epecial loan to be the only bonds of this character offered until
the same parties have the option of any further sum required.
It,
"April
7,
That the arrangement made with the Syndicate is more
favorable to the government than the final proposition of
the banks,
of course clear;
but the disinterestedness of
these ofiicers, as shown in their unanimously expressed
desire to do all they could and make the best terms
possible for the government, without receiving
any profit
for
it, is
To show
votes.
from income-tax and other
subjoined table:
Fennmted
is
so
marked a feature of the negotiation that
1883
1864
1S05...
.
$ 1,097,680
..
3 '.329,150
8,!9.'.nii9
li,4J),S73
16,511,008
1867
1-68
1869 ....
]8.731,4ii
33 2iiS17i
.
..••),54-J,95S
.
19,1 55,.531
.
45 7i.sn
65 «n6 091
.
41,881,818
.
4;),47i,5I6
.
1,S70
1871
1873
52,0!m.378
.
187t
1873...
18:6
1877
.
.
.
18<r6
i«r.i...
Total..
1(1,765,148
18,73>,(195
i3 1,703
31. ".50,708
8.3,
31,5T8, 07
33,73*i,in
Ligitors.
t'.,. 28,934
2.290,009
3,734,928
6 22i .55)
6,167 5U1
6,91^5.869
6,099 p80
6,:«9,137
7.389,602
8,268,498
34,386.103
33,242,876
9,3-24.938
ccimpile the
SOtJRCES. l>'6i-1877.
Ad'if^te
Stamps'.
$4,140,175
ft,894.9 5
n,
2:1
lli,;:il
821I.Vl,ii;7
'1
8j9Sl,
66 14 l.li
ll.l.l.
."4 r<i M.:
16,
r7,3-'1
7.7«
3 7
9 3'4(i8)
6. i3
.SIS
!I,I44,0(14
(;..'.'i7.-.;'io
.
S'i.1'iB,:jt.5
37,.303,462
39,7»5,.-40
9,571, -28
6
.
67,469.410
41.106,647
9,430,789
6,;5il.429
8603,1)59,694
$336,048,363
$93,780,49i
» 1871-1877.
$
H9i
49.414,(i9J
52,08 .991
.
71/ r.
,;ii.s,i;
Ilh'"i).'
15.144.S13
1>.
14 7 8
14 8i ,-Si
16.42' 7
11.5 40 3
r-. 4',:3I
.
.
.
Tobacco.
Spirits.
fS,17»i,5R0
we
fiscal sources,
TOTAL BETENUE FROM INCOlfB TAX AND OTHER
1878."
This ended the negotiation, the answer to the preposition being the bulletin at the Sub-Treasury given above.
all likely to command a majority of
the total revenue derived since 1863
pearances, they are
1
1
'
1
19 S','!.-i
14.430 Sil
5,0i,2,.il2
5ia,4.'*-i
$163,03
!,U37
140,391
t3i6.908,73g
April
THE CHRONIOLR
18, 1878.]
353
some enormons danger t« our national
might be averted, we will freely concede when the
emergency shall arise, and when the guarantee is present
tax, in order that
committee to oritioize with toa
much severity a great fiscal scheme of legislation, of
which a portion only has been disclosed to tlio public.
Otherwise wo should have heard throughout the country
a much more emphatic and indignant condemnation of
the new bill than has, at present, been anywhere uttered.
It is unfair to the
life
that the odious tax shall survive no longer than the peril
which has given it birth. But it is not conceivable that
without need the American people will impose it upon
Had some great calamity, some appalling disaster, themselves. This most oppressive and inquisitorial form
shaken tiio credit of our government and disturbed our of taxation was first borrowed from Eastern despotisms.
financial fabric to its foundation, had some overwhelm- It is forbidden alike by the experience and institutions
ing emergency demanded that, at any cost to the of our free country. It can never be revived among us
country, an immediate increase of the revenue of the without some clear necessity, some sound reason, some
government sliould be secured, our people are patriotic complete justification. What is that reason ? Let the
enough to welcome even the income tax, and to endure committee justify their choice of the income-tax. The
In proposing this tax nation waits to hear.
it as long as it might be needful.
the committee will be expected to vindicate
it
As statesmen holding an important
nation.
before the
STEINBERGER AND SAMOA— THE TREATY.
trust for
It is now some years since the American public
our forty millions of people they, ought to be ready
became
aware that a person by the name of Steinberger
to present such sound, irrefragable reasons for what they
pushing
was
the cause of progress and civilization in the
do, that the wisdom of their policy shall be demonstrated
of
islands
generally known as Samoa, in the fargroup
beyond question. Without prejudging their arguments,
South
Pacific.
away
Strange rumors from time to time
we may at least be excused for suggesting that such of
it was evident
had become a power among the semi-barbarous
islanders, it was doubtful whether he was about to set
up a throne and pro laim himself king, or whether he
was about to reconstruct the Samoan group and bring
them under the shelter of the Stars and Stripes. Steinberger, it appears, is an American and a native of the
reached us of Steinberger; and, whilu
them as have at present been put forth, are generally
regarded as insufficient and weak.
Let us examine some of these reasons. First of all it
is said that the committee in proposing an income tax are
following the instructions of the House favorable to an
income tax. This is not atrictly correct. The only
foundation for it will be found in the Congressional
Becord for February 5, 1878. On page 9 we find that
Mr. McMahon, of Ohio, moved to suspend the rules and
that he
German
pass the following preamble and resolution:
Whereas. In ibe present condition of public dislresa, it is
Important that the wealth of the country should bear a fiiir
proportion of the burdens of taxation; therefore,
Sesolved, That the Committee of Ways and Means be and are
hereby instructed to report a bill imposing a graduated tax upon
the exceps of income above a reasonable minimum to be fixed by
la,w, and that s id bill be rei orted at the earliest practicable
moment.
For this resolution a two-thirds vote was required,
and only 165 members voted yea, 89 voted nay, and 38
did not vote. The motion not receiving a two-thirds
vote, was lost, and the instructions favorable to an
income tax not having reached the committee, any argument based upon them falls to the ground.
Secondly,
is
it
impose an income
and the public
urged that
if
the committee do not
tax, the sinking-fund will
credit will receive injury.
be deficiint,
This does not
agree very well with the statements in the last report of
the Secretary of the Treasury.
paid
off
by law
220 millions
in
lie assures us that so
concerned we have already
excess of the amount required
far as the sinking fund law
to be provided for
is
that fund.
He
also
states
that without any further taxation the estimated income
would allow more than 25 miirons to
be added to the sinking fund during the current year.
There is clearly no support in these facts to the theory
that the income tax, which several years' experience
proved both unpopular and mischievous in the highest
degree, is at all necessary to support the credit of the
government, or to swell the already satisfied sinking
of the Treasury
As his name implies, he is of
In 1873 Steinberger found himself in
State of Pennsylvania.
*
stock.
Samoa, where he remained for several months, making
himself familiar with the topography of the island, and
studying the character and habits of the inhabitants. He
was in this country when we were honored with a visit
by King Kalakaua, of the Sandwich Islands; and, as he
had already succeeded in interesting some of the Government officials in his schemes, he was permitted to
accompany the King to San Francisco, whence, on board
the United States ship Tuscarora, he proceeded on his second visit to Samoa. Arrived in Samoa, he commenced the
work of reconstruction and reform in right earnest.
According to his own showing he assembled the chiefs
of the different islands and had them ele(!t a king.
He
then established a parliament modeled after that of
Great Britain, with its upper and lower houses, and
assumed the onerous duties of prime minister. Under
his direction, schools were built, governors and magistrates were appointed, a police force was organized,
implements of agriculture were placed in the hands of
the natives, and a printing press, that inevitable accompaniment of progress, was set up. It was, of all things,
the most natural that such a man should come into collision with whatever there was of foreign authority on
the islands.
On
the islands there
London Missionary
the
Roman
Society.
Catholic Church.
are
agents of the
There are also agents of
In some way Steinberger
aroused the opposition of the British missionaries; the
American consul went against the prime minist -r ; and
finally Steinberger, much against his will, found himself
fund.
on board her Britaanic Majesty's ship Barracontas, and
Thirdly, it is contended that the tobacco taxes have on his way to Fiji. From Fiji the ex prime minister
to be diminished, and for the revenue given up a new proceeded to England, where he now claims for damages
tax must be imposed. Wo will not seriously reply to the sum of twro million of dollars
this argument.
It is too puerile for discussion.
If the
It would appear, however, that Steinberger had not
committee can offer to Congress no better reason for wholly labored in vain among the Samoan islanders. In
!
the imposition of a tax so offensive, demoralizing and the Fall of last year, two representatives of the islands,
unpopular as the income tax, their new scheme of iMessrs. Lo Mamea and Colmesnil, came to Washing-
meet much favor. ton and commenced to negotiate a treaty with the GovThat the whole country should bo tortured by an income ernment. The Samoans, it seems, dreaded annexation
internal revenue consolidation will not
—
THE CHRONICLE.
354
Vol.
XXVL
The memorial urges
to Great Britain, which was threatened. They expressed
treaty
a decided preference for American protection.
that commercial values to the extent
of at least 5,000 millions annually are measurably affected
A
Henceforth the by the stage of water in the river; that by practicable
United States improvements a transportation saving of one-fourth
Bhall have the privilege of entering any port of the could be effected, so that wheat could be carried from
Samoan islands; and permission is granted to establish St. Paul to Liverpool, by the river, for 8 or 10 cents a
a station for coal and supplies in the port of Pango- bushel less than by way of New York; that the producPango. With the exception of a tonnage duty of one- ing capacity of the river valley, both in food and in
half of one per cent per ton, actual measurement, to be manufactures, is almost boundless; and that the river is
has at length been signed and
Government and merchant
ratified.
vessels of the
charged on the entrance of our merchant ships, the trade the natural and the cheapest outlet. A permanent channel,
is to be free, and no restrictions are made in regard to in the lowest stages, of 10 feet from New Orleans to
cargoes. Trade in fire-arms and munitions of war are Cairo, 8 feet from Cairo to St. Louis, and 5 feet from
to be subject to special regulations by the two govern- St. Louis to St. Paul, is necessary, says the memoriali
ments. It is provided by one of the articles of the treaty and the arguments adduced follow the usual method.
that in the event of any difficulty arising between the It is unnecessary to state with any particularity
Samoan government and any other government in amity the figures given, because they are estimates, neceswith the United States, the Government of the United sarily conjectural, and of course colored largely by
States shall " employ its good offices for the purpose of the roseate tints always assumed in this country
"adjusting those differences upon a satisfactory and by projected schemes of improvement on a large
" solid foundation." The treaty is to remain in force scale, especially when the public treasury is invited
for ten years, with the provision that it may be con- to assume the cost. Nothing is more natural than to
overdraw the picture of what will be in the way of
tinued until the expiration of some stipulated time.
It is not expected that the treaty will immediately be development, and nothing has been more painfully
any great gain to the United States. The population of shown by experience than that the process of forcing
the islands is small and diminishing year by year. The development has been carried too far already. There is
Prospectively, however, nothing new in this latest Mississippi memorial, except
products are of little value.
The islands lie that the appropriation mentioned is a modest one, only
the treaty is to be regarded as a gain.
San
Francisco
and Australia, $2,000,000 three-fourths of which are to be expended
in the direct route between
distant
when
our
trade
with the above Cairo and that it is now a deepening of the upper
the
day
is
not
and as
islands of the Australasian group will rival that of channel which is asked, rather than repair and enlargeCaptain Eads, however, who is cer-China or Japan, it is well that we have provided our- ment of levees.
The tainly an authority of great weight, seems to oppose the
selves with a good coaling station in advance.
islands were visited and surveyed by Lieutenant Wilkes whole levee system.
We did not commence writing, however, with the
in 1839; and in after years the Admiral pronounced
Pango-Pango the best harbor in the South Pacific. In a intention of discussing the subject, and present this
few days the United States ship Adams will leave the summary only in passing. Precisely what constitutes a
Isthmus for Samoa, having on board the ambassador, work of " national " importance has never been defined,
Mr. Le Mamea, and his counsel, Mr. Colmesnil. What- and the trouble is that it is -indefinable, unless we say
ever may be his faults, Steinberger has not proved a that anything is national which somebody wants to have
undertaken at the public expense. The Mississippi is of
wholly useless pioneer.
national consequence, undoubtedly, but it is probably
true that whatever tends to benefit any locality is in
THE HARLEM.
THE MISSISSIPPI
some degree of general utility and, therefore, national.
Not long ago a deputation were at work in Washing- If the Mississippi is to be dug out by the general governton urging that in the expected annual distribution ment, the Vermont Congressman will want an appropriof government money for the improvement of what ation, on the same rule, for improving the navigation of
Nature left unfinished and for the benefit of unemployed Otter Creek; the Mississippi Valley may deiide him for
labor, to be ordered by the usual River and Harbor bill
the ridiculousness of his claim, but it is only a matter of
the Delaware and Schuylkill rivers should not fail to degree, and though the importance is less, so is the cast.
receive appropriate remembrance. Previously the treat How many canals are there, languishing and waiting, at
State of New York had also put in its claim in behalf of the feet of Congress; how many railroads want to be
the Harlem River, and has so industriously and plead- taken up and carried, in the costly cradle of a subsidy,
ingly pushed its petition that one hundred and fifty across the continent to completion; how many strictly
thousand dollars was last week so the telegram says
national, double-track, freight railroads are ready to be
—
—
AND
—
,
—
And thus built, cheapening everything for everybody and giving
the hat goes round. Each State having its little creek employment to labor, etc. ? The doctrine that the public
to widen or deepen, or both, finds it convenient to help owe employment to whoever wants it is daily preached;
on each other State's favorite scheme for obtaining gov- the question of funds is held to be of no consequence,
ernment assistance.
for all the work can be paid for on the miserably
The largest scheme, and to us, for obvious reasons, by delusive basis of high prices and advancing "valeet
down
in the bill against the application.
—
—by
far the most worthy of assistance,
ues"
its levees.
backs.
is the Mississippi and
There is not one argument in favor of the
Harlem which cannot be urged with greater force in favor
of the Mississippi. A memorial on the subject has been
sent to Congress from a committee appointed by a
"River Improvement" convention which was held in
Commercial bodies from every
St. Paul last October.
city along the river, from the Balize to St. Paul, sent
delegations, representing the interests of eighteen States.
simply starting the presses on
new
green-
between them can never be
anything but the result of caprice and log-rolling, for
there is no rule that can be set up as determinative.
The
Discrimination
plea
is
invariably
been helped,
reply to
possible.
The
it is
made
that because that thing has
thing should be, and no reasonable
this
Mississippi memorial itself puts in the plea for
"entire justice to the West," and raps the East forita
j
—
Apkil
selfish
THE CHRONICLR
13, 1878.J
forgetfulness of ihft grent river.
forgetful, but
it
remembers
it
own
The East
is
nurslings which cry
government aid, as, for instance, the Harlem
River. This mighty stream the existence of which
may even bo unknown to selfish memorialists who
can think of nothing but the Mississippi sometimes
known as Spuyten Duyvel Creek, is at least 4 miles long
and flows from the Hudson to the East River, or else the
If it were only deepened and improved, the
other way.
cereals of the West would all pass through it, and this
the
city would command the trade of the whole world
work is clearly one of national importance, and sure to
so we beseech Congress to
repay its cost every year
for
—
—
;
;
give us 12,000,000 for accomplishing it.
This is a condensation of the argument; but, to speak
the application is one of which the State
To
and city ought to be thoronghly ashamed.
improve
the
Ilarlem
River and
make it a
deep-water estuary with ample dock facilities would
be a profitable thing or not; if not, to urge it at
all is a blunder; if it w> uld be
and there is little
or no question that it would then go to work and do
Here are collected the experience, the capital, the
it.
enterprise, and the constructive skill of the country; to
go to Congress for a pitiful two millions for a local
improvement albeit it might be of some general benefit
is a proceeding unworthy of
us.
Besides, it is
seriously,
—
—
—
—
miserably short-sighted step, for the
a
proportional
contribution of this State to the national revenue
is
so
The two
855
principal points in connection with railroad
month are the immense grain movement,
and the agreement among the trunk lines for maintaining certain rates on east-bound freights. The basis of
rates from Chicago to Now York, and allotments made
pursuant to the Chicago agreement, have already been
referred to in our columns.
It has been well demonearnings this
strated that a largo freight traffic
is
not in
itself sufficient
and the disastrous results
which followed the railroad "wars "in 1870 and 1877
have shown pretty clearly that the trunk lines and their
connecting branches have little profits to hope for unless
reasonable rates on through business are maintained.
to ensure large net earnings,
one of the favorable signs of the times, that this
much better appreciated than formerly
by the railroad managers, and in the face of obstacles,
which at times appeared insuperable, we have now both
the trunk lines and the coal-carrying roads working
under combination agreements, which appear to be tolerably harmonious.
The grain movement has been very large, and is
expected to continue so during April and May, as the
open winter and almost impassable roads prevented the
hauling of grain during much of the time from December
1 to March 1.
Lake navigation virtually opens this
year on the first of April, and the canal April 15, and in
the four months from the first of December, 1877, to the
It is
truth seems to be
first
of April,
1878, while navigation was
have the following important
we
closed,
showing the grain
of the West and re-
figures,
large that the slight temporary gain by a subsidy would movement at eight leading cities
be many times offset by her contributions hereafter to ceipts at seven Atlantic ports.
subsidies granted to other sections.
What folly for
The total grain receipts at Western markets, from
New York, not merely to countenance, but to volun- December 1, 1877, to March 30, 1878, were, in bushels,
tarily help
time!
establish,
And
such a precedent at the present
not here,
anywhere, that subsidies
can be decently sought. Comparatively speaking, the
East is rich, while the South is poor; the Mis'sissippi Valley
it
is
— supposing, of
if
course, that the estimates submitted
would accomplish the material changes
as follows:
1875-7B.
88,997,831
1876-77.
31,167,087
isrr-vs.
45,551),885
The shipments of
1877-78.
30,&37,8S9
The
these
1876-77.
16,996,834
receipts
1873-74.
43,871,691
1874-75.
87,210,343
same markets were,
1875-76.
20,656,613
in bushels:
1874-75.
1873-74
13,5:!5,933
19.564,036
ports for the same four
at Atlantic
which
are expected has ten times as much claim as the East months were:
1677-':8.
1873-74,
1874-75.
1876-77.
1875-76.
has, and with what sort of reply shall the East meet that 53,842,517
81,553,180
ai,86J,469
16,360,919
80,740,861
claim if it comes itself before Congress in the attitude
As to the relative gain or loss in the proportion of
of subsidy-begging? If we cannot dig out the Ilarlem receipts at the different Atlantic ports, the following
River without the help of the general government, let table shows what the receipts and percentage of total
—
•
in the river
ns, for consistency's sake, join in the
has been at each port named, from Dec.
first
in the present
scramble for largess,
adopting, however, some one of the new plans for
patent non-redeemable, inter-convertible, non-exportable
and previous seasons
-1677-78.
American money, in quantities suf- New Yoik
Bofton
ficient, etc. Mr. Buckner's would do; the Toledo conven- Portland
Montreal
tion also told us the way; and Mr. B. F. Butler's new Philadelphia
Baltimore
leather money, or "dollar stamped upon some convenient NewOrleans
non-costing, national,
and cheap material of the least possible intrinsic value "
we suggest clay would be excellent for the purpose.
—
RAILROAD EARNINGS IN MARCH AND FROM
JANUARY 1 TO MARCH 31.
A glance at the table of
Total....""
At New York
100-0
30,
-,
1876-77.
Buehels. P.c. of total.
31
9,969,671
4,100,673
130
18
08
679,809
93.965
5,696,050
9.595,894
1,995,862
17 8
29 9
63
1000
32,091,929
receipts in
alone the
March
,
.
Buj^hels. P.c. of total.
49-9
24,593,274
7 5
4,330.271
l,sOS,8tO
21
01
58.849
18 2
10,599,8a0
SOT
ia,0-8.6CO
92
5,361,963
58,222,717
March were
immense, and the following will show the several routes
by which the grain was delivered.
REOIFTS AT NXW TORK IH MARCH.
,
1877.
Flour,
railroad earnings for March,
as given below, shows that the statement this year compares exceedingly well with the same month in 1877.
The roads showing a decrease in gross earnings are
limited
.
1 to
:
N. Y. Cent
& Bndoon
Erie
Pennaylvanla'
Water
All other roateg
River
.
,
1878.
Floor,
Grain,
bash.
bbl0.
77,982
47,0C4
1,214,2-29
41,5-J8
351, '80
20.680
1,431
259.557
9,946
686,b23
bbld.
170,511
67,348
60,947
27,897
1.377
.
Grain,
bnrii.
4.068.203
1,518.794
1,-Jt9,484
400,058
109,889
328,060 7,350,82»
running out of St Louis, with the
Total..
188,623 21521,735
railroads
International & Great Northern of
the
that
While it is clear from these figures
Texas, which has close connections with the St. Louis have had a much better season in the first quarter of 1878
Ws, and the Central Pacific. The decrease on these than they had in the same quarter of 1877, and have
latter roads is inconsiderable, and it is due in pait to the made better earnings, we are unable to conclude from
fact that some of them were making large earnings last the increase shown on the trunk lines that their stockyear at this time when the northwestern roads were holders have any great reason to feel elated. It may,
showing a decrease in traffic, and hence the comparison perhaps, be assumed that the grain traffic this year is (in
to those
exception of
the
this year appears to the
advantage of the
latter.
the present status of the country) at a
maximum, and
—
......
.
.
.
THE CHRONICLE.
356
that
—-
not likely to be equaled for some years to
is
it
come, and as the dividend fund-s were scanty in 1877,
in earnings is not now sufficient to warrant
the railroads in pursuing any course except one of strict
economy, with a careful guarding against increase in
their funded debt or annual charges.
the increase
Among
items of interest relating to the earnings or
[Vol.
m
are not included in the figures t^ven
the tab'es above. They were: $12 106
in .March, 187,1, and «4!,S56 from January 1 to March 31, 18.8.
Earjiings of the Dubuque & Sioux City Railroad duriiis; March, and for the
three
.nths ending .flarch 31, were as fijllow.-.; these figures are incladed
in ih ise of the I >w.i lea-ied lines given above; Mirch S-ii,045 in 1878 and
$69,094 in 1677; January 1 to March 31, $218,910 in 1878 and $ ;j7,i98 la 1877,
m
The following companies have but
The lines west of Pittsburg and Erie for the same
two months are said to show a profit of -^45,698, after
624.
meeting all liabilities, against a deficiency of $105,409
in the same time in 1877.
The Baltimore <fc Ohio has just declared its semiannual dividend of 4 per cent in stock instead of cash.
The Micliigan Central has declared 2 per cent in cash,
the
cash dividend since July, 1872,
first
The question
of pro-rating on the
Kansas P.cific roads
will
Union
Pacific and
be referred to three arbitrators
of the highest character.
The
International
&
Great Northern of Texas has
gone into the hands of a receiver.
1878.
$117,9:35
Atlantic Miss. &Ohio....
Atlantic & Gt. West
2nO,879
Chic Burl. & Quincy
Dakota Southern
Gal. Uarrisb Jt S.Antonio
Ilon«ton & Texas Cent...
911,1.30
Atcliison Top.
& S.
Fe.
. .
Baltimore & Ohio
Borl. C. Rap. & North'n.
Cairo* -t. Louio*
Central Pacific
Chicago .s Alton
Chic. Mil. & St. Paul..
..
Mt.V.&Dcl.&brchs.*
Dakota Soutiiem
Denver & Kio Grande
Grand Trnnii of Canadat
Gt. Western of Canada}:.
CI.
Central (main I ne)...
do. (Iowa le'18. d lines)..
Indianap. B.
Webtern..
Int. & Gt. Northern
111.
&
Kansas
Pacific
Ci;ntral
ftc
Mo. Kansas & Texas ...
Paducah & Elizabetht'n*
&
St. L.A.
T II. (br'che).
8t. L. Iron Mt.
St. L. K. C.
North
St. L.
San Francisco...
St. L. &S.
-t L.div.*
AS
*
&
K—
do
do
Ken. div.«
Tenn.div*
& Warsaw
Tol. Peoria
...
Wabash
Total
$189,130
1,092,994
78.194
14.^80
1,345,373
357,477
84.1,454
6B3,ij00
2(i,0Ul
4(J0,I17
468.570
18,337
li,W)7
49,219
65 i.558
801.169
363.144
13'I,'.'4S
ii3.'<r9
118,35!)
3fi'.',772
99,474
112,037
2"0,334
534,213
330.130
3 Si ,516
247,.".n5
Iii,«ti8
64,257
S3f),(i31
IdS.uM
875,^83
57H,433
Michigan
Missouri Pac
1877.
6'I7,083
19,5:5
37,714
19,163
41,150
.'i4:i,'iOO
3.'J0,778
29;i,,S35
635
30,9ft)
12,023
194,430
9,3911
108,845
867,755
81,230
336.BS8
$7,767,513
Ket Increase
'"
-
Central P.cific
& Alton
Chicago
Chic. Mil. & St. Paul .
Cley. Ml. Vernon & Del*
.
Dakota Southern
Denver & Rio Grande.
Grand Trunkt
.
.
Great WefternJ.
.
.
Central (ma n line).
do (la. leased lines).
Ind. Bloom. &, Western ..
111.
Int.
.
&Gt
Northern
1.767
4,361
15,033
Missouri Pacilc
Missouri Kansas & Tex.
St. L. A. & T H. (br'chs).
St. L Iron Mt. & so ....
St. L. K .nsaa City & N.
St. Louis & S. Franciscol
St. L.
&S.E.— St.L.div
Ken
do
do
Tol. Peoria
T
&
•
div.*
nn.Hlv.*
Warsaw..
Wabash
Total
N»t increase
$469,344
437,749
38,2
3,3 3.110
958,737
2,037,010
215,252
53,157
3,361,159
1,03 J, 109
4 ,630
179,448
.
1,24'<,005
70..383
3,29-*.'il4
30.571
131,359
2,10j,739
1,169,.528
923,.',92
1,209,231
;W3,U41
8,953
44,398
44,219
33,642
'370
'
5,705
fc78
23,707
11,117
1,747
4,313
2,416
21.623
41,066
$17.1,639
1
A
Ohio
Atlantic Miss.
Atlantic A Gt. Wesiern..
Chic. liurl. A Quincy
$260,472
551,911
1,9-)6,617
Dakota SouthtTn
30.662
176,238
33.717
131,133
17,9 4
155,351
406,775
298,960
9^.835
1,520 Sii
1,557,.302
1,666,454
$7,373,837
$7,:ni,490
$388,023
214,394
33.
Increase.
$12,496
52,S05
2 8,014
1,748,603
Union Pacific
91,1,01
6,o;4
$247,976
607 126
1,199,390
401,003
f3 .344
61,803
54,135
131.773
4i;0,783
3:13,577
4,302
214,633
17,895
TO FEBRUART
A S. Antonio
Mobile AOhio
Nashv. Chatt. A St. L
New Jersey Midlaad
Philadelphia A Reading..
Philade phia A Erie
St Joseph A Western
St. Panl A Sioux City....
Sioux City A St. Paul ....
Southern Minnesota
Gal. Ilnrri-b.
7,277
1877.
1878.
Decrease.
$
12,ti:i3
2;.,887
54,007
34 617
3,766
331,459
29.949
43.1,952
59,9,13
60,00!;
33, '176
67,51,5
23,516
21,892
2',n,',9
51,310
109,152
$519,907
$460,560
59,:S47
GROSS EARNINGS, EXPE.SSKS AND NET EARNINGS.
The statement below gives the gross earning.^, operating expenses and net
earnings for the month of Fe'iruury, and from January 1 to February 28, of
all the roads that will farnish statements for publication:
Feb.—
-Jan. 1 to Feb. 38. ->
—
1878.
1877.
A
$137,990
1878.
$360,472
1877.
$217,976
ls3,7Jl
9J,:176
175,944
$J5,731
$47,614
$76,631
$72,032
$147,196
96,539
$6^,094
$113,698
$142,038
34,681
191,455
113,553
$30,607
$13,413
$121,153
$23,503
$300,186
175,003
$135,047
$691,260
19J,511
3.6,ii73
$676,655
431.647
$135,184
$121,466
$231,583
$233,008
$871,768
581,176
$1,956,617
1,13, 254
$1,743,603
$331,592
$821,363
$637,068
$27,212
23,105
$25,246
2J,0i4
$36,163
$52,145
45,645
North.—
Netearninas
Chicago A AltonGross earnings
Expenses
$812,727
Netearninss
Chicago Burlington
Gross earnings
Expenses
Net earnings
Clev. Ml;. Vernon
.
A Quincy—
—
$911,159
569,454
$:J4I,693
$60,958
Netearnings
Dec.
16,897
37,749
63,372
788 995
5.990
17, 0.9
48,189
189,405
213,936
637,733
1,5111,7.17
9:»,127
634,6')3
112.1)94
861,372
719.846
131,699
l,0il.200
1,0811.388
812
79;*,158
751,463
47,695
27!i,.i03
31S934
131,141
72,423
1,065,983
135.221
6j,197
31,883
243.369
9.«,3l4
$21,354,775
$19,128,847
45,.306
$3,197
$3,3)3
$10,862
$6,500
Gross earnings.
Operating expenses
$15,609
$9,467
$39,663
$17,9:4
Netearnings
Denver A Rio Grande
Gross earnings
Kipenses
$9,510
$
$l7.:ill
Dakota Southern —
31.
Inr.
$303,156
232,497
1,111,5:15
A Del. and Br'chs.—
Gross earn 10 i^rg
Operating expenses
6,099
Gross earnings
Operating expeuses
119,8.-0
75,551
56,UI0
60,190
121,703
76,765
85.15.1
19,016
(SOlmifoi.)
$10,1-3
24,717
$115,M1
7S,48i
50,003
$17,518
$15,133
$36,708
$S2,037
$3"5.8S3
$139,690
134,340
13i,859
$
(275
$83,040
$.
$
$71,663
$16,741
$173,995
138,963
$181,094
101,812
$112,451
2 d.*)9
$357,359
231,830
$.34,032
$79,28J
$3i.642
$135,519
$155,771
92.353
$143,491
$333,577
$293,960
$63,418
$62,091
$143,170
$125,566
$33,339
35,032
$42,6:11
$96.d'11
31,693
83,740
$92,835
66,550
$1,297
$10,933
$13,f61
$26,285
$17,613
12,307
$15,508
10,76)
$34,161
21,003
$30,618
24,643
$5,308
$4,739
$10,159
$6,969
,
$180,507
,
132,.365
$193,492
150, 97
$401,003
370,886
$430,953
306,418
$48,742
(48,;0j
$139,117
$124,534
$96,li9
Netearninzs
74,205
mU«)
(37i mUPM.)
$M,990
Netearnings
Houston A Texas Central-
13,.331
...
37,443
(30l»nJ?cM.)
Netearnings
Kansas Pacific.
Gross earnings
Bxpenses
A
St. L.—
Nashville Chatt.
Gross earnings
expenses,
incl.
taxes.
Oper.
Netearnings
New Jersey Midland
Gross earnings
Expenses
86,403
191,407
178,394
39,811
4,080
4S28
2,505
90,830
$2,171,030
2,130,923
Netearnings
Paducah A MemphisGross earnings
Operating expenses
106,739
$340,102
Three weeks only of March in each T«ar.
From January ro M^irch :0.
X From January 1 to .March 29.
$ The decrea-e in the earnings of the St. Louis & San Francisco Railroad
daring th! first quarter i< attributed to bad roads, and to the expectat on
among certain shippers, of reJuced freight rates, causing freight to be held
Net earnings
A Erie-
Philadelphi.i
Gross earnings
Operating expeuses.
1
Dack.
The earnings
$3,783,822
14,3,<7
10,9j9
•
t
$3,571,438
41,:141
Gross earnings
Operating expen.se3
16,370
27,b76
1,6-12,145
34,3H
m\. 1S9
11,9 :2
10,623
719,91,2
198,4 2
31,718
89,409
17.5.4
31,042
851,!
OROSS BARNINQS FRUU JANtJARr
Burl. Cedar Rapids
3t.,9)3
1,089 :!91
307.490
275,8 '8
422,723
587,643
3'il,Ss8
180,507
37,742
Net earnings
40,5i4
34,852
TO XARCE
1877.
34,518
•Kansa- Pacific
•Mlchigin OrtMtral
1
1H78.
$662,500
76,.-i72
74ri,i43
.
M
'
52.5,110
,
eBOSS KAKNINOB FROH JAMUART
6,H2
10,551
16,281
&
* Three weeks only of March In each year.
+ For the four weeks ended
irch 30.
t For the four weeks end .d .Vlurch 29.
Fe
& Santa
-~
Borl.
Rap. & Northern
C. ~
Cairo & St. Louis*
9,467
71,6:!4
4:,6H
Atlantic Mississippi
OhioGross earnings
$117,935
Operating expenses. .......
83,2J4
751,769
At. Top.
$20,0S5
20,303
39,312
3-i,:129
23,176
61,759
Decrease.
$
155,771
18-'.7.iO
Pacific...
Total
Increase.
Net increase
40,119-2
17,265
6.883
|8,51!I,28S
Union
1877.
$137,990
24 1,577
871,763
189,600
174.393
141,194
Sioux Citv A St. Paul....
Southern Minnesota
Dec.
Inc.
$116,870
41,430
61,947
2:9,113
110,733
1I9.61S
38,345
21, "US
15,() 9
82,183
205.883
Total
aKOSS EARNINGS IN HARCII.
1878.
$:)i 6,000
1,137,414
lij,lll
11,-M5
],2il,410
recently reported their earninss for Feb.
eRO SS EABNINeS IN FEBRUARY.
income account of prominent railroads may be mentioned the adoption of the now famous Trust scheme by
the Pennsylvania Railroad, and the fact that all the Nash. Chat. A St. Louis..
Nuw Jersey Midlind ....
company's lines east of Pittsburg and Erie showed an Phi.adelph a A Re-iding.
Philadelphia A Erie
increase in gross earnings for January and February, St. Jos.qih A Western
St. Paul A Sioux City....
1878, of only $9,940, but a decrease in expenses of $181,-
XXVI.
of the Springfield Division of the Illinois Central Railroad
Netearnings
St. L.
A
So. East.-St. L. Div.
Gross earnings
Operating expenses
NetearninKS
$43,84'
87,134
$47,164
$92,796
36,091
77,936
72,844
$6,707
$11,073
$14,8.0
$32,285
.
Aran,
S
,
.
13.
THE CHRONICLE.
1878J
Feb.
,
)«TS.
Bt L. A So. Ea%t.-E7. Dir.—
OrouMrnlngi
..
Opsratlog cxpvum!*
KetonilDES
St.
I..
*
1877.
1
Fob
to
1878.
9«l.—
1877.
tsn.Ml
$«I..^SO
<U,8;i
t2!,4!)t
$30,657
3I,41S
4iMb
'(l,4t«
$9,8:9
(«75
{8,381
|9,48fi
$11,834
$11,109
iO.Wi
$16,08*
80,140
$'M,CB')
9,7^7
$),997
tSlS
$4,899
DIt.—
So. Kast.— Tenn.
Gmmeornlu
^-Jan.
,
a
OlMrnUnK uxiMiuiM
:jO,UT0
Derby does not believe that a threat to flght is a proper or aafa
way to attain a pacific end. Both he and his late colleagaea.
Lord Derby said, had the same end in view, but they were not
agreed as to -the means of attaining it.
The Cabinet is now
lielieved to be unaniinoua as to the best mnaos to attain a certain
end, and the country will be very anxious to ascertain which
It is very generally believed that the governoccupy certain positions on our way to I riia which
shall enable us to keep open our communications with facility
and to defend them at all cost. Any invasion of Kussia is out of
policy
Mstearnltw
p.
T-
cltT—
-
-.
.
.
$4,880-
$41,S«I
»3,86«
$»,409
$81,608
»3,ai7
.10,6«8
$17,473
$6,143
$31,280
$J8,ir«
$17,554
OS
NetoanilnKS
Slonx City * St. Paal—
Orosi oaniiii;;*
Oporatlug cxponses.
Note«nilns»
Sonlhorn Minnosotn—
GroM earnlii/!!
OperatlDg expenses
Nctearalngs
fm.m,
48.i»01
$11,1'
|3.'),C7«
80,889
14,S76
l«.iW»
8:1,357
$13,800
$3,S83
$J0,T;8
$tll,759
$121,775
53,401
$C7.66'S
23.J21
$31,012
8^4-i7
$38,538
$8,613
$53,28.3
$19,6J4
$2,lS7
47,948
Wahsdh*—
to
We shall
simply,
it is
thought, look after ourselves,
and protect ourselves by securing more Uibraltars or Maltas. As
regards Bulgaria, Austria and Uermany must look after that themit may some day, if ^constituted after Russia's desiree,
prove to be very detrimental to their interests and especially to
the welfare of Austria.
We little know what will be the result
selves, as
making war upon Turkey ostensibly for
name of Europe. It was well known
complications would arise when Turkey was
of Russia's arrogance in
the Christians and in the
GriiM earning*
$)1 1,308
Oporaung oxpenma
$317,283
i73,OI8
350,888
Kel earnings
Union Paciflc—
Gross earnings
Operating expenses
Neteamings
$83'f,S27
$6i2..554
S05,5C<
536,094
$CO,020
$45,234
$19.>,722
$96,460
$719,988
356,718
$851,100
$1,.'S5;,302
$l,6»fi,<l."i4
$363,244
$522,129
888,971
692,728
651,1«3
$864,574
$1,016,031
• Figures for February, 187S, arc estimated.
&
Intemalional
Gtiat ^'o^the^n figures for Janoary are as follows:
.Ifinuary.'
I
Intern»t'onal
Gross
right.
is
ment intend
the question.
$M.1S5
357
&
Groat Northern-
lariiiiigs
Operaiini! cxpenaes
Net eamiups
,
187.".
1877.
$I3.'>,4«5
$174,681
7b,'JU4
111,181
$58,591
$€3,447
that the serious
compelled to make peace, and now we are in the midst of them.
Russia naturally says that she made the war und the sacrifice in
blood and treasure, and that she is entitled to make what peaca
she pleases. Russia, however, was not called upon to enforce the
Treaty of Paris alone, and it is the contention of England that
until that treaty has been cancelled by the consent of all the
signatories, the British signature cannot be put to another treaty
which is to supply its place. England sets a value upon treaties.
She believes in the right to modify them as lime and circumstances change, but the manner in which the present treaty of
San Stefano is offered for European acceptancf, wliich is simply
when it is coupled with the promises which
appeared to have been so solemnly uttered by the Czar that he
had only entered upon a righteous crusade, is too much for England and her government, and even those who were the great
supporters of Russian policy feel alarmed at the results. Even
Mr. Gladstone says that the proposed Bulgaria is too large, and
he advocates other changes in the preliminary treaty. Constanarrogant, especially
Itt oncta vinlCommcvcinl giigUstt
^nvs
BATBSUV 8XOHA.NOB
LOlVIfON
A.T
LONUON AND ON
(.AT88T DATES.
KZCHANGE AT LONDON—
EXCHANGK ON LONDON.
il.\KC'U
A.T
.';0.
ON—
TIKS.
emtiB
short.
Paris
Berlin
)
months.
Hamburg
Frankfort
t(
....
An'wcrp
Amstrr am
«
...
3
short
85.15
Phort.
Mar.
Mar.
3
shart.
26!4i
20.41
30 11
25.18
12.12
8 mos.
122.50
29.
29.
29.
al%.3
Mar.
29.
12.2
•*
29.
ir.
12.4;,',©12.5S}<
Mar." 29.'
47A(®47J«
M»r. 29.
Mar. 26
mos.
48. ao
47J((^48
Lisbon
Genoa.
90 days.
O2830
.8.20
^38.30
...
Riode Janeiio.
60 days.
"
Calcutta
Hong Kong.
.
Sliacgbal
Alexandria....
Mtr.
29.
ehor'.
7.50
Mar." 29
6 mos.
U. t>H<iU. 9 3-16rf.
S«. V.ad.
Mar. 28.
Pernainbuco.
Uomoay
51X®5l!¥
3 months. 28.20
Nsples.
....
Mar.
Mar.
Mar.
Feb.
Mar.
Mar.
SH.
25.
r.).
28.
60 days.
90 days.
I.
27.
he adds,
24(i.
iia.
3 mos.
97H
[From our own correspondent.]
London, Saturday, March
30, 1878.
Events of considerable, and which may prove to be of .rnoinen
tou4, importance have transpired this week, and during the last
wo days iho country hag been much agitated. The Russian
ivernment having declined to accede ti term.s upon which England can enter the proposed Congresj, it Las been gravely
•nnounced that the nenoliationn are now at an end, and at present it is pr.-sumed that there will be no Congress at all.
Duriufr
the week the Ministers have been in frequent discussion, and the
majority of them have arrived at the conclusion that the time
has
now come when our regular array should be marie up to its full
complement, and it has been decided therefore to advise the Queen
to call out the reserve forces.
E,irly next week the necessary
proclamation will bo issued, and it may naturally be
expected
that the country will be very anxiou; to Isnow
what will be the
military meaaurea it is proposed to carry out.
This detision on
the part of the m»jirity of the .Ministers has failed,
however, to
satisfy Lord Derby, and his
lordship has, in consequence,
resigned. The Queen has accepted bis
resignation, and the duties
of Foreign MIni.ster have now
devolved upon Lord Salisbury.
The Prime Minister and Lord Derby have been careful
to explain
tliat the proposed measures
do not necessarily mean war. Thy
are, in faci, to be adopted with
a view to the raaiottnance of
peace, which the majority of the
Cabinet believe can only be
.-ocared by being fully prepared for
every contingency.
Lord
is in
war expenditure.
increased
Var.":;9.
M
SSO.M
12.4"4®12.5
Cadiit
New Vork
8,20.64
Mar.
®20.',0
short.
*•
Madrid
@20.6I
mouths.
Vleima
St. Petersburg
25.13,va2.i2i"^
•'5.sa;» a»5.3i>^
20.^0
<0.60
J0.60
26.95
no danger, and he sees no necessity for an
The outlay of £0,000,000 he regards
as sinful waste, and he is thankful that he has become a thorough
disciple of Mr. Bright, and now belongs to the peace-at-auyprica
parly.
No one in this country can desire war; but we must surely
take the world as we find it, and if wo are to retain our possessions and support an imperial policy, we must be prepared to
defend them if they are attacked. In order to justify their policy
in calling out the reserve forces, the government may possibly
make some important disclosures, and the debate on thu subject
which will take place next week will be awaited with keen
tinople,
LATEST
DATS.
interest.
The
directors of the
Bank of England have advanced somewhat
minimum
rate of discount from 2 per cent, at
which it was fixed on January 31, to 3 per cent. The Bink return
and the state of political affairs justify the movement, the proportion of reserve to liabilities having declined from 35 96 lo oU 18 per
cent.
The changes in the return have beeu due almost entirely
Next
to the revenue payments, and to the government loans.
week's return will also bo an indifferent one, ai no dividends will
have t)een distributed; but towards the end of the week, a large
unexpectedly their
supply of money will be released. A rise, however, from 3 per cent
to 3 per cent has not the significance of an advance from a higher
quotation and it is of course to be regretted that the inipruvement
is due to financial operations and not to any increase in our
trade. It is scarcely necessary to repeat that the conditiou -(f oar
commerce is very indifferjnt, and that we are siill wiihou. hopes
;
improvement, owing to the cloudy condition of the political
festerday and to-day have been periods of grave anxiety
ai we know not whether we are on the evo of a great an
protracted war or not. England's power to inflict injury and to carry
on a long war is supposed to be very great but war is a game of
chance, and the probability is that we shall have to adipt the
policy of Fabius, though chiefly at sea.
The supply of bullion
held by the Bank is still rather more than £34,000,000. against
£36.404.293 last year, while the total reserve is nearly £13,000,000,
of
world,
i
;
against £13,481,653.
" Oi.Uer securities" are as
304, against £33,770,370, an increase
which
is
much
as £35,918,-
due, not to
any
augmentation in the supply of bills held by the Bank, bat to
loans to subscribe to Treasury Bills. It has been easy for some
time past to obtain loins on g).id security at low raioj, andas
the last issu- of Trea'<ury Bills yielded 2^ and 3^ per cent, a
moderate proiit was clear. The advance in the B.iuk rate to 3
per cent, however, should
it
be maintained, will neceasiute dirsct
,
:
:
:
:
:
THE CHRONICLE.
358
lending, and should further government loans be necessary, the
money market will be more speedily affected. The government
balance is now £12,387,814, against £11,530,039 last year. ConBidering that the government has borrowed large sums, the total
not a large one; but the payments of the government have
been heavy, large purchases of iron-clads and transport ships,
as wells as of guns and raw material, having been made. In
is
addition to four large iron clads, the government has purchased
of Sir William Armstrong, four 100-tou guns, at a cost of £16,000
each, and it is understood that all our arsenals here and In the
Mediterranean were never in such a state of preparedness for war.
Should
tiers have a pacific solution the government will be
able to economize for a long time to come. The following are
m
the present quotations for
Bank
money
Fer cent.
rate
SOandeOdJiys'
8 monthB' bills
Open-market rates
4 months' bank bills
6 months' bank bills
4 and 6 montha' trade
]
3
Opeo-market rates
1
I
2V
bills.
Per cent.
SJia^ji
aJi@"2Ji
bills.
iJiQS;^
I
The rates of interest allowed by the joint-stock banks and
discount bouses for deposits are subjoined
:
*
Joint-BtocK banks
Discount houses at call
Discount houses with 7 days' notice
DiscouHt houses with 14 days' notice
2
a
!......!!!!!!
.'...'.'.......'.'.'.....
2U
i^
Annexed is a statement showing the present position of the
Bank of England, the Bank rate of discount, the price of Consols,
the average quotation for English wheat, the price of Middling
Upland cotton, of No. 40's Mule twist, fair second quality, and
the Bankers' Clearing House return, compared with the four
previous years
IS71.
1875.
1876.
1877.
£
£
36,934,0?5
8,750,861
18,k10,779
28.586.902
27.4117,074
Government securities.
27,108,5:5
U,£C3,159
19,021,758
13,M5,S87
52,952,399
coin...
....
n,:30,0i9
12.287^14
14,W,605
S5,f,13,48S
13,605,1135
19,853,650
S3,:76,279
i
SS.SS" 414
16 3S(i 3^8
25.918
504
>
.
11,067,031
Coin and bullion in
both departments... 3i,637,231
Proportion of reserve
9,551,16*
13,179,853
13,481,6!»
;
NewZaaland
the latest recording 70,000 bales less than at same time last
seasonshould the dreaded contingency of European war pass away, the
requirements of a good trade might feel sensibly the curtailed
production of Colonial wool this season. The decline from the
higliest point reached during these sales is evident
chieHy in
middle and faulty clothing wools washed and (more especially)
in the grease; scoured wools do not maintain the highest values,
but still show an advance on November rates; New South Wales
and Queensland washed fleeces generally have been easier to buy
during eight or ten days past; but good and super combing
Victorian wools, the better greasy South Australian, all good and
super lambs' and cross-bred wools of the better qualities, hold
their values pretty well. Cape and Natal washed fleeces rule a
little easier, those in grease maintain their best
prices, and
scoured are without much change.
New
S.
Fresh arrivals Catafor ihcse sales, logued.
bales. 39,342
31,605
91,875
74,00s
397
954
39,918
33 259
59
la
6,971
12,305
30,044
24,869
Wales and Queensland
Victorian
Tasniamaii
South Australian
West Australian
.
NewZealand
CapeandNatal
Total bales
£
Other securlues
Reserve of notes and
The sales of the past week or so have shown some little irrec
ularity, and, in many cases, a weakness and decline
in values from
the best prices paid during the second and third weeks
of the
series foreign competition has not been quite so animated
as was
then the case, and the pressure ol the immediate want of the
raw
material to keep machinery going, which then gave such
buoyancy to our market, has somewhat subsided; the possibility
of
further political troubles also has had rather a dampening
effect.
Week after week successive telegrams announce further de6ciencies in wool shipments to date from Australasia and
*
£
SXVL
The public sales of colonial wool will be brought to a close
next Friday. Messrs. Jacomb, Son & Co. write that
1878.
Clrcnlation— Inclnding
£
bank post bills
87,014.407
Public deposits
9,706,318
Other deposits
18,740,i26
13,815,35:
25.310,05!
[Vol.
•i08,606
Of which about 12,000 bales
The alarming
of
150,307
Import
1878.
1877.
55 8)7
145 879
35-25
58 SIS
-2403
29,5*3
29,284
lSs!591
g 330
63.044
17-^0
81,261
87,719
352,910
865,881
6U,6!i9
had gone forward.
(half Cape)
state of political affairs has induced the holders
wheat and other grain
advance of only
Is. to 3s.
to demand higher prices
but an
per quarter can be quoted, buyers being
;
.
11,916,320
>
The supplies
very cautious in their operations.
of
home-grown
of at an advance of Jd., or at Is. 8fd. the rupee, and only 18 per
cent was allotted out of the total applications. No silver has,
produce have been very limited, but foreign grain, actual and
prospective, is plentiful.
The first week of spring has been
bitterly cold, and yesterday there was a heavy snow storm, which
impeded very greatly our telegraphic communications. It is
believed that the fruit trees have been injured, but for cereals
the weather is favorable. In some localities the snow has impeded
agricultural work, but the recent somewhat protracted fine
weather has enabled farmers to sow a large breadth of land, and
to leave little work undone.
During the week ended March 33 the sales of home-grown
wheat in the 150 principal markets of England and Wales
Lowever, been shipped
amounted
to liabilities
.
21,163,921
....
Bank-rate
3X p. c.
Consols
H8
Bnglish wheat,av.price 603. lOd.
25,000,933
45W
...
S^
p. c.
93
4:9. lOd.
7 15-16d.
Mid. Upland coiton... 8 3-lOd.
No. 40'8 mule twi8t,fair
2dqnality
]s. OXd.
....
1".
Caearine House return. 151,851,000 107,7S7,0C0
26,464,591
8X
2
p. c.
941.
439. 4d;
6 9-ll,d.
21.035 ' 513
39'13
avm
p. c.
3 p. c.
{;,„
^5j.
Sis. -id.
6yd.
13.0^3.
488
11(1
6 15-16d.'
lOXd.
IBd.
79.437,0M 101,307,000
80,917,000
There has been a better demand for the means of remittance
to the East this week, and the council drafts have been disposed
to India this
week.
The
price of that
to only 31,151 quarters, against 43,565 quarters in 1877,
commodity has, nevertheless, risen to 5-iJd. per ounce, owing to
Bome considerable purchases on American account. There is still
a demand for gold for Germany and about £360,000 has been
withdrawn from the Bank for that purpose.
while in the whole kingdom
According to the 'Jazette returns, the imports of gold into the
United Kingdom in 38 days of March, amounted to
£655,348;
and the exports to £1,354,836. The imports of silver were
£1,503,445; and the exports, £1,345,790.
The imports of gold
to 5,133,500
;
and silver amounted to £3,158,793, and the exports
showing a loss of £441,833.
to £3,600,616,
it is estimated that they were only
against 171,000 quarters. Since harvest, the
sales in the 150 principal markets have amounted to 1,383,351
135,000 quarters,
quarters, against 1,43 l,980quarter8
wheat and
flour
since harvest:
Imports of wheat
Imports of flour
Imperial
Germany, £36.390,000; Austrian National Bank',
£13,745,000; Netherlands Bank, £10,381,000; and New York
Sales of
Associated Banks, £7,938,000.
The supply of gold held by the Bank of England,
the commencement of March was £34,386,777, is now
245, showing a diminution of £354,533.
The reserve
and coin has decreased from £13,476,657 to £11,916,330,
extent of £560,337 but the total of " other securities "
Biports of wheat and flour
;
of
;
which
at
£34,033,-
of note's
or to the
has risen
from £33,174,533 to £35,918,304, or to the extent of £3,743,671.
The Clearing House returns for the month of March (38 days)
give a total of £416,516,000, against £398,777,000 last
year, showing an improvement of £17,739,000.
The stock markets have been very sensitive during the last two
days, and all classes of security have experienced an
important
fall.
The
heaviest reduction has been in Russian stocks, which
in as low as 74. The Russian Exchange has also
Lave been dealt
relapsed about 14 per cent during the week, the price
of the
rouble being only Slfd., against 33d. in times of peace and normal
prosperity. Consols are decidedly weaker, and there has
been a
fall in American stocks, but not to any serious
extent.
British
railway shares and most Continental government
securities have
exhibited considerable depression.
the whole kingdom
it is computed that the following quantities
have been placed upon the British markets
are the supplies of bullion at present held by
the principal Continental banks
Bank of France, £80,119,000
Bmk
in
furnished ex-granary,
of
1877-8.
1876-7.
cwt.
cwt.
cwt.
cwt.
33,l.S5,19Fi
21,516.155
3,466,475
21,056,109
4.509,542
32,686,300
The following
:
and
;
quarters, against 5,688,000 quarters in the corresponding period of last season. Without reckoning the] supplies
home-grown produce
5,081.833
25.241,751
2j,5!)5,10()
60,461.780
1,102,162
50,277.727
038,371
61,608,365
180,047
57,9.31,651
69,362,613
49,6)9,356
61,113,318
57,741,695
53s. Od.
49s. 3d.
Keault
wheat for season
The following
figures
1874-6.
33,195.739
3.8^6,316
S4,6;6,230
Total
Aver, price of Ens.
1875-6.
show
458. 7d.
209,955
443. Od.
the imports and exports of cereal
produce into and from the United Kingdom since harvest, viz,,
from the Ist of September to the close of last week, compared
with the corresponding period in each of the three previous years:
1877-8.
Wheat
1876-7.
1875-6.
1674-5.
cwt. 33,155,196
21,516,1.35
21,056.1119
8,3S6,J.39
b,l6l,731
5,T62,865
: 92,362
2,72',516
17,980 666
3,466,475
33,195.789
5,695,819
Barley
Oats
Peas
Beans
6,401,496
1,017,5:0
2,156,142
17,267,653
(ndianCom
Ploor
Wheat
Barley
Oats
Peas
Bean«
Indian
Flour
....
5,031,!)33
cwt.
l,0'.l,983
,.
15,25'l
6I6.5S8
19.795
73,570
18,796
..
12.487
94,951
37,177
887,928
21,783
31,912
74,471
Com
n.iso
5,345,.375
936,719
2,143,157
15,796,199
3,883,376
146,617
16,407
169,:i7J
23,121
6.465
81,398
13,130
9,258,878
4,908,717
1,(83.817
1,387,638
8.303,758
4,209,348
170,388
151,174
42.552
15.001
1,310
83.427
89,Ce7
:
April
:
:
.
THE CHRONICLE.
18. 1878.]
.narket Keporta— Per Cable.
Th«dikilyolo8la<quotaUoQ»ln the marketiof London and Liver,
cable, ai shown
pool for the pa«t week have been reported by
Sas(ll«tt
summarr
the {ollowinii
London Monti/ and Stock Market.— The bullion
Bank
in the
of England hag decreased £453,000 during the week.
Thnr.
Wed.
Taes.
Men.
B»f.
Coniolii for nronoT.. W 11-15 94 11-H 9» 11-16 91 1I-1B 94 II-IB
''"
MX
'.
lOfH
106X
105X
lOSX
108X
irox
0.8 i(M06. ...... USX
taof lesi ..... ....IBS*
KewtH» ::::... ...A<)iH
ma
wm
nna
Hon.
VbbI
nonr (extra Siate)
Wheat (R.W.eprlng).»cU
" (Ked winter). .; "
" (Av. mi. white).. "
« (C. White club)... "
Oomfncw W. nilx.)»qnar.
«
Peas (Otoadlan)
il9
99
11
It
11
d
s.
8
5
S9
9
11
9
11
11
«
5
23
mn
Mn
Hon.
Sat.
d.
Beer(priinenieeB)«tc.
..
Pork (W't. me98)....«bbl
Bacond'ircl. in.).... *cwt
(American).... "
Lwd
..."
Cheese (Am. Sne)
83
50
27
87
63
3
3
Uverpool Produce Market.
25
37
8.
81
50
2T
87
63
S
6
B.
3
80
49
27
London Produce and
s.
£
UnB'dc'ke(obl).VtE, S
d.
39
24
9
4
8
Frl.
49
27
36
63
3
Wed,
Tanr.
s.
S
«
9
£
Frl.
d.
b.
onspot.Vcwt
21
23
6
Foreign gold
10
77
39
84
40
24
B.
6
Bjltic
Total since Tan
1,
H
Wed.
Thnr.
£ B. d. £ B. d.
8
1871
1870
1869
1,115,031
18M
7.187,635
2,68».164
J,0'.9,'88
1867
6«5,6;8
678,7^3
week
9
51
9
8.
d.
8 15
9
51
51
9
6
72
35
27
23
78
35
86 15
23
72
85
2i 15
6
23
6
6
72
,<t5
26 15
U
®0mmcvciaX and piisceXImicotts ^eurs.
—
Imports and Exports for thb Wbbk. The imoorte last
week showed a decrease in dry goods and an increase in (general
imports wpre |4,416,304. against
14,561,063 the preceding week and f0,893,801 two weeks preTions.
The exports for the week ended Apr. 9 amounted to
10,496,993, against f6,316.7.55 last week and 16,943,985 the previonsweek. The exports of cotton for Che week ended Apr. 10
were 8,780 bales, against 10,021 bales the week before. The tollowing are the imports at New Tork for week ending (foi dr;
goods) April 4 and for the week ending (for genera! mertotal
5:
FOBEISN mrOBTS AT
1875.
1876.
12,171,498
6,'0ti,818
$8,05 >.87r
5.317,315
Total for the week.
PrevlODSly reported
|S.578,316
97,997,975
t7,369,^2^
87,845,385
Since Jan.
»108,eT6,891
1
Currency,
Gold,
$37-2,413 24
447,40<) 78
$306,0-28 43
1,270.831 29
$279,970 19
123.341 58
47
121,863 17
1,363,133 57
347.000
801.000
257,000
827,000
278,000
»:,780,0:0
1,126,264
470,759
510,931
378.918
93
200,6-23
77
602,87'i 97
93
08
260,486 60
571,378 6)
$3,336 696 76
194,614,907
1877.
tl.9l'6,880
$1,472,SH
4,ai4,-i;8
2,94i,4'J)
te,252,55S
64,51), 973
»4.416.30l
XZPOBTS ntOX
74,763,1.34
$79,1:9,438
K«W TORK FOB THB WBBE.
1875.
187.i.
J4,5'JH,05'l
»4.801,.310
PreriouBlyreporUd....
68,003,090
60,070,919
1877.
112
64,553,438
$61,60:, 14)
$64,878,54')
170,518,570
^
Since Jan,
1
The following
1873
»3
$."),<«.-)
49«,9!)3
88,453,5i5
'$94!930,513
show
the exports ot specie from the port of
New York for the week ending April 0, 1878, and also a comparison of the total since Jan, 1, 1878, with the corresponding
totals for several previous years
Apr.
Apr.
will
4—Str. City of BrasselB.
4— Str. Frisla
._,„._
5—
0(!rm«nic
Apr.
,«pr.
6—
Str.
Str.
...Llverpoa!
Amcr.
silver bars.
For. gold coin
For. itold coin ...
Liverpool
For. silver dole
Southampton.. ..Amor, gold coin..
$30,700
ao,0)0
-Mex. goldcolu..
si.ver bars,.
2%5U
London
Hamburg
.
Oeneral Werder
.
Mcx.
Total for the week
Provlonsly reported
Total since Jan.
1,
2,1(K)
109,442
.
8'>0,000
f,210
TviTn?!
.....V.V.V.
1878
89
1,067,391 15
100.761,364 16
31,907.61193
107,003,91!) 13
38,163,775 14
U.S. Bonds held as security from Nat. B'les.— Jan. 31.
$1,K78,100
Bonds for circulation deposited
Boud6 for circulation withdrawn
1,76:3,600
Total held for circulation
Bonds held as security for depoaita
Leail Tender Notes.—
Deposited in Treasury under act of June
now on
441,312
431,928
372.729
503,116
66
23
80
25
'.".'.'. '.'.'.'
_,
..
^519!846
j5^,lo9
Feb.
88.
$8,0SO,650
346 302,060
1,870.150
346.622,550
13,493,000
13,6il8,00a
March
31.
$2,710,900
3,027,500
346,336,250
13,463,000
20,
67,500
325,933
903,530
Il,»28,585
^6<,240
11636,799
12,188.962
769,812
34,151,283
347,848,712
deposit, Includingliquidating
R -tired under act of .lanuary 14,
1875
,,,
Tot.i) retired ur.df-r tliat net to cate
492,400
.';2,3-'9,67>i
,33,381,976
Total amount of greenbacks outstanding.. ,349,110,414
Na'iona', Bank Circulation.—
New circulation issued
1,072,800
318,618,024
Circulation retired
Total circulation outstanding—Currency,
621. S85
..
Gold
Notes received for redemption from—
3-20 647,6:10
1,432,120
New York
4,381,000
Boston
7,P2l,0(fl
Philadelphia
Cincinnati
,
Total
Treasury MmemenU.—
Balance in Treasury— Coin
tional currency....
Com certificates ontstanding
615,500
653,148
320,5o7.8:i
1,432,120
961,640
750,617
350,761,894
3,737,000
5,372;000
768,000
23,000
1,4-32,120
IfiS.OfO
1.34,000
4,171,000
3,500,000
8,356.000
5,045,000
886,000
158,000
187,000
2,8>1,000
$13,059,000
$13,539,000
$12,026,000
126,882,989
131,318,156
2,690,763
138,357,608
751,851
10,000,000
48,456,000
57,883,400
927,000
61,n00
ChiciBo
Miscellaneous
1873
190,761,538
TorUieweek
..
)3>i,41t
|277,.529 40
925Sfl 18
$3,201,075 45 $3,091,111 49 $2,954,914 57
Currency
Currency held for redemption of frac-
In our report of the dry goods trade will be found the imports
of dry goods for one week later.
The following is a statement of the exports (exclusive of specie;"
from the port of New York to foreign ports for the week ending
April 9:
_
Currency.
Gold.
$216,000
NKW TORK FOB TUB VSKK.
General merchandise...
Dry goods
Sub-Treasury have been
at the
1874
chandise) April
$2,90-,6S7
6. ! 2,639
5,06(243
banks
The
$6,606,693
Treasury balances for three months past
Frl,
£
8 IS
15
TotMl
merchandise.
5,203.831
Cnstome.
Balance, April 5
Balance. April 12
40
1960
313,328
.,.
,..
Total
39
6,f:oo
Same time in—
The transactions for the
as follows:
"
10
Silver bars
aoo
184.148
S.250
1,K76
»597.7«»
1,4.V.>,1.59
8....
9.,., ..
10.... .
11..-. .
12.. . „
....
silver..
,
$5,843813
.
Amer.
1878
:S77
1876
1875 ..
1874
1873
1872
6
IW
From the Comptroller of the Currency, Hon. John Jay Knox,
we have the following statement of the currency movements and
d.
23
Carnndelet
Total for the week
Previously reported
"
—
8 15
51
72
33
27
5
Havana
Nassau....;
Liverpool
"
BnearCNo.UO'chBtd)
Bpermoll
»tnn..72
" .:-5
Whaleoll
Linseed oil. ...» ton .27
1— Str. Colnmbns
4— Str.
5— Str.
"
53
10
40
Tnes.
£. e. d.
8 15
61 9
10
10
39
39
24
40
d.
...Lagusyra
S.213
142.SI5
8,860
13,S«7
8.243
16,000
1,6«0
Gold dust
Amer. silver. ...
Amer. silver ...
Amer. goli
Amer. silver....
Apr,
•'
53
.
Aracr. siivtr
Anicr. gold
Foreign gold
Havre
Uudji
Same time la—
SO
27
87
C3
10
Asplnwali
Clyde
Apr.
Apr.
li
K d
d.
B. d.
10
3
Mon.
519
quar,
9
11
11
11
25
87
80
49
S3
10
10
Oil Market*.
B d.
15
4
6
8.
87
53
40
Sat.
6
Thur.
(iS
Tnes.
d.
B.
40
ClOTcrecod (Amer. rod)
Frl.
>. d.
-28 fi
87
d.
d.
4— str.
Apr.
99
Wed.
Tuee.
Mod.
d.
T*llow(primeCity)..» CWt. 39
" 24 9
SolrltB tnrnentlne
V
4
9
11
11
11
85
9
5— Str,
Apr 2— Str. Ocn. Werder
d.
a.
"7777
(BpirltB)
(Cal.)
S3
»S
3"
7.080.012
5,691.744
The imports of specie at this port during the same periods h*Ta
been as follows
Apr. 1— Str. Clly of New York... Vera Cm«..
Amer. silver
$11,071
April
" (Bne)
"
10
10
10!4
PetroleQia(rellned)....Vi;a<
Unseed
6
11
5050
BOBln(cotnmon)... Vcwt..
'
38
4
7,oei.an
t,88l,MS
1«,M7.<U
I
Apr.
—
Sat.
e.
d.
II
d.
B.
6
S2
50
27
87
63
«.
11
II
$t«,«M8M
9.461 031 1 1368
16.510,318 lf'R7
6,B10,073| 18'6
1
xio4x
Tbnr.
99
99
11
11
17,418.. 7)
1870
1889
Forei:;ngold
bilver bars
—
Liverpool Provirioni Market.
B.
d,
6
«.
2d
87
S6
quarter. 57
Wed.
Tnea.
...
...
lfl7l
I
Foreign silver
Market.—
sat.
e. d.
M,8i3,:4i
Amer. gold
Liverpool Ootton JfarAjJ.— See special report of cotton.
Liverpool Breadttujfi
1874.
1873
1872
t3.S2<),10«
lOSJi
mn
wh
lOiH
io8j<
Same time In—
I
...
....
95
96
lOSH
108H
ios«
Saaatlmeln—
18J7
1876
1875
:
PrI.
94 ll-:8
94 li-16 91 13-lB 94 l-J-ie
aTconnt..
D8«i>(5-aOB)1881....1'>8H
359
3,i;0,4<)0
10,(100,000
42,733,800
10,0^,000
—
Virginia State Conpons, Auditor Taylor, of Virginia, has
issued a circular to the collectors of taxes throughout that State,
ia which he states that only such coupons can be received as shall
have matured at the time of tender, and bear npon their face thttt
they are " receivable for all taxes, debts, dues and demands due
the State, " No coupon indorsed with a credit for part payment
is receivable, and in no case will coupons be received unless
accompanied by the affidavit required by law. The market value
of the bond upon -which the tax is assessed has been fixed by the
two State auditors at $58, Auditor Taylor also calls the particular attention of c~>llector3 to the fact that the tax is required to be
deducted from all matured coupons when tendered in payment of
taxes or other dues to the Commonwealth, whether the tionds
from which they were detached be owned by resident! or nonresidents of the Sctte of Virginia,
—
Attention is directed to the advertisement of St. Loais city
bonds, which will be found in the Chronicle this week. The
Mayor of St. Liuis calls for proposals, till the 30th instant, for
11,328,000 of 5 per cent gold bonds of St. Louis city, payable
twenty years after date. This ia a rire lot of bonds to be offered
in the present times, and there is little doubt of an active competition for
—The
them.
pale of the Erie Railroad is confidently expected to take
place on the 24th of the present month, and we understand from
good autliority that the reorganization of the company will be
immediately proceeded with and a virtual settlement of all the
difficulties which have beset this great trunk lino thus finally
concluded.
.
—
:
i
...
THE CHRONICLE.
360
rVoL XXVI,
!
Mch.
April
5.
MA'riONAL. BANKS ORGANIZED.
The Unitea k-^ates Comptroller of the Currency fiirnisheB the
following Btatemeut ot National Banks organized the past week
:
Bank
8,361— National
of Smyrna, Delaware.
Authorized capital, $100,000;
W.M.
paid-in capital, $00,001'. D. J. (.'animln-', Prepideut;
uth' riZttd lo cummence bu-ines-B April 4, '878.
Ueil,
\.
aaliier.
jr
O
V
I
The folU.w^na dividends have
OK
I
u
fi
s
Name of CoapAsr.
&
Ohio on etock).
When
Books
Cia>8ed.
May
4
15.
Apl. 18 to
May
14.
lusurance.
10
-iVpril 15.
FRIDAY, APRIL 12, 1878-5 P. m.
Xlie Money Idarliet and Plnancial SiltnaUon. The event
of the werk surpassing all others in importance was the negotiation by Secretary Sherman of $50,000,000 of the 4J per cent
bonds. Th s transaction was made with the members of the
former Syndicate of bankers, who took the 4 per cent bonds, and
the agrefment is for the sale, for resumption |)urposes, of
$50,00(1,000 United States 4| per cntum fifteen -year bonds at
par and accrued interest and 1^ per centum premium in gold
coin, $10,000,000 to be subscribed immediately and $5,000,000
per month during the rest of the year. It seems to be generally
conci ded that the_Secretary has made a decidedly ;favorable negotiation fur the Government, and ihe'moral effect on the credit and
standing of our bonds will be much greater since the arrangement is made with ihe Syndicate embracing tbose prominent
London houses than if it had been made with the national banks
—
in this
city,
The money market has worked more
easily than last week,
and on call loans the rate has been 5 to 7 per cent, while on government C'lllalerals plenty of money has been offered for 90 day.s'
time
4^4^ per
was ratuer a
The
cent.
at
last
bank statement, on the 6lh
urprise, showing, as it did, a loss of $3,14(J,900 in specie and $3,785,400 in legal-tenders, making a net
decrease of $3,506, 00 in tbe surplus reserves, and it accounted
in some define for the stringency in money.
In prime commercial paper there is a moderate business doing at 5 to.O per cent
for choice names.
Th' Bank of England statement on Thursday showed a decline
of £4.53,000 in specie for the week, but a reserve of 3oi per cent,
against 33 116 the previous week
the discount rate remains
unchanged at 3 per cent, while money in the opt n market is 3i
per cent.
The Bank of France gained 5,700,000 francs during
inst.
,
;
the week.
The
Btatement
New York
the
City Clearing-House
banks, issued April 6, showed a decrease of $3,506,.5OO in the
excess above their 25 per cent legal reserve, the whole of such
excess being $12,091,9oO, against $15,'598,400 the previous week.
The following table shows the changes from the previous
week and a comparison with the two preceding years
last
,
1878.
1877.
1876.
Differences.
April 7.
April 8.
$241..") 0.900 J24u,iii9,'.0C Dec .
J641,800 $2t;o,19D,800 $261,786,210
38,767.600
:)6.620.700 Dec. S,Hli,»00
2),5l'7,!«'.0
2i,3a«,8(<0
19,«12,3CI0
19,944,600 Inc..
3;,*J0
15.931,900
16.d»7,600
210,78,400 8U4 6b3,2U0 Dec . 5,7l:),2U0 21.S,246,4J0 207,9a ,3tlO
29,425,1('0
26,6 iT.OOO Dec. 2,788,400
'I2,«7,200
38,700,400
March
Loans anddis.
Specie
drcalanon....
Net deposits..
of
3').
,
April
6.
Legal tenders.
(Jutted State!)
has to-day
107%
105X
RondH. — The market for government bond.s
been adjusting itself to the new order of things under
•which $50,000,000 4J per cents are to be sold to accumulate gold
for resumption, and s:iles of 4 per ceiits are to go on by the
Treasury (so far as possible) and the proceeds to be used for paying oS live- tw.M ties. The demand for government securities in
small lots still continues to be active, and nearly all the dealers
iniuvesiment securities report more or less orders received every
day for bonds of small denomiuations. There is also a demand
for larger au.ounts from financial institutions, both in this city
and in ilie country.
Closing prices at the Board have been as follows
:
I
reg.. Jan.
..
107 ;i
107J4
*107Ji
io7>!r
10,%
104H
104K
104 >/,
104>i
lO'i^i
104%
\0:%
107^
•107>,
107 >,'
107%
1117 Ji
.
68,10-408...
ieg..Mar. ASept.
CO p..Mar.&Sept. 105Ji
funded, 1881
rBg..Quar.— Feb. 105
funded, 1881... coup.. Quar.— Feb, 101^
4HS, 1891
reg.,yuar.— Mar,»103!i
coup.. Ouiir.— Mar. iraji
4Hs, 1891
4b, registered, 1907
(Juar.— Jan. 100;i
4s, coupon, 1901
Qaar.— Jan.*100»»
6e,
5s,
12.
107 ),(
107?i
10454
104>i
107%
107 >4
107>4
104 ii
107),
105 s<
104 Ji
104 Ji
105H
1043i
*x3S<
10:-!%
ll"'4>i
103%
103>i
103
104!4
103
103
10l>i
10.3'i
100J4
lOOH
IIjOJ,'
1003i
t'urreucy,lb95-99reg,.Jan. & July. 118
1:8
is the price bid: no sale was made at the Board.
.6s,
11.
107J( 107V4 107,IlOJi 11(1)4 *109!t
!( 9/, '*109Ji
IIOX
l;t5;i 'lOSW
105>6
II),")'-,
»I05Vi 10.i«
•lOWJi 109K
•110
110
I'SJi 'lOS'; lO.'.H
6s, 10-408
April April
10.
9.
& July. 107Ji
coup. lan. & July. 107>4
es,5-208, 1865, n. i...reg. .Jan. & July. 10)3£
69, 5-i0s.l865,n.i.. coup. .Jan. & July. 104si
OS, 5-20S, 1867
.reg.. Jan. & July. •!0;?^
8s, 5-208, 1867
conp. ..Ian. & July. 107)4
88, 5-20a, lata
reg. .Jan. & July, 110
68,5-208,1868
cup. .Jan. A July.»!09%
8e, 1881
es, 1881
•This
\Wy,
loox
103«
1('3X
100 )«
113%
104%
103%
103
lOOi-i
100% *iooy,
'118
118% *U3
The range
elasa of
in prices since Jan. 1, 1878, and the amount of each
bonds outstanding April 1, 1878, were as lollows:
Range 8ince Jan. 1, 1878
Amount April 1.-^
.
68,
6s,
68,
68,
63,
6s,
1881
5-208,
5-20S,
5-208,
10-40e
funded, 1381
4>48. 1891
VJu,
6s, Currency....
^
Lowest.
IPJk Feb.
103% Jan.
105
Feb.
106V Jan.
coup 103% Mch
coup 102*, Feb.
coup. 101% Vlch-
coup.
1865, new.. coup,
1867
coup,
1868
coup,
coup.
reg
li»)s<
April
Highest.
25|l07% A|>ril
3|l04J-4 April
6 107% AiTil
2 1I0J4 April
I
1
25
_
1(1
117y April 6
108-Si
lil6»i
iau
Jan.
104)< Jan.
—
RegistiTpd.
6 $194,3)5 95!l
48,5,52 650
6
101,W.7,M(l
12
26
24
Jan.
11
9
VJOJi Jan.
16
lom
i
106J4
I
106%
108%
106%
Iti5!4
.Ian.
2
1"4!4
Feb,
2.5
xlOi-Ji
103%
Mch. 1
Feb. 2,5
(
I
!
I
—has rendered a decision.
1873.-,
108% Apr. 1!8
109^ Jan. S6
106% Jan. 15
lr..S--7,5'»)
112.185
701)
(Jounon,
88.3rtr,40n
58,304
AM
VI8. 109,350
21.fi77.,s0(
61 S
600
a26.33;.80'i
2(-2,l(i2,;.51i
124,2-1 <,U50
76,7, 1,9,50
61.831,J0()
64,62:i,612
18,0.8,800
Closing prices of aecuritios in London have Deeu as loliowa
C
In this case the
holds that
lurt
no municipality of a State can, by ordinance, under guise of taxation, relieve itself from performing to tlie letter all that it has
expressly promised to its creditors. Hence the city of Charleston,
which had agreed to ray 6 per cent interest on cer'aln of its bonds
to the holders thereof, could not by a subsequt-nt ordinance tax
those bonds and withhold the amount out of the interest as it
falls due.
In railroad bonds there is continued strength and moderate
with a good deal of confidence in the better condition of
railroad property.
Messrs. A. H. Muller & Son sold the following at auction
SHARES,
BONDS.
190 National Park B nk
93
$24,540 Commercial Mutual Ins.
activity,
:
148 Metrop. Nat.
Bauk
200
Bank
of N. Y. Nat.
scrip, viz
$1,190 of 1871,
92; $i,65U of 187-2, 88; $4,330
of 1873, «i^; $3,750 of 1874,
81; *5,72i)bf lo73, 79; $1,770
117)4
:
Banklug
Asso
107%
4C4 Am. Exch. Nat. Bank..99%@ll^0^
270 Merchants'
at. Bank
108%
225 Contiuent'il Nat. Bank..76%@76
10 Bank of America
133
86 Nat. Shoe & L. Bank
109
30 St. Nicholas N.it. Bank
70
SMarket Nat. Bank
101
5 Mercantile Mnt. Ins
60
98
8 Four h Nat. Bank
87 Sun .Mutual Ii'S
SO
of 1877, 74.
.^
2Luather Mauuf. Bink
BOTiad.smen'a Fire Ins
160
133%
b5
14 Mercantile Fire Ins
108
10 Home Ins
20 Bro.jklyii Acidemy of Music.
wiih twu :.dmi-s. tickets... 70%
60
61 ComnuTce Fire lus
9 Commerce Fire Ins
56
25 Coinilienta Fire Ins. .155%@I56
6) Mech. & Trad.rV Nat. B'k....9
40 .Mech. * Traders' Nat. B'k. .. 90%
6i Butchers' & Drovers' B'k.... 71
%
BONDS.
$1,0C0 Morris
& Esmi
BB.
78,
due 190J
79%
S30 N. Y. Mut. Ins. scrip of
conv
,
securities
Works
190:)
iOSli
due
reg.,
ts,
108X
Water
City
due
7s,
Ohio State
3,030
lOSX
1881
Pfrk Fund
9,000 Central
5
per
cent reg. stock of City of
New
York, due 1898
3,0u0 City of Louisville 68,
1886
10,00ui iiyfif Boston
due
$4,i"uO
1880,
8,j,yiK)
due
io84
98
due
97
$1,000
,58,
due
.
.
ii!83.
ui3Ji'al04
Ci y of
Brooklyn 68,
M'ater Luau,
due July,
10,000
189J
107X
incinnati
10,000
6i, Water
Bonds, due \U0
E6
3,000 J flersoM RR. 1st mort. 7s,
due ld«, gutr. bv Erie RR. 77
1,C00 Deiver <K liio Grande RR.
1st
nTjrt.
7s, gold,
due
1900; Miiy,'(7, coupons ou.. -.0%
'
were also sold
:
BONDS.
PHAKDS.
UR
100 Staten Island
130%
18CAm. Dis. Tel Co., B'Klyn.... 51
4 Nat. Bank of Northern Liberties of Phila
268%
2%
Water Loan
1,000 Jersey City
78, due IbOl
Kochiister
5,CO0
50
180<
The following
&
Farmers'
Mech.
Nat.
Bank of Phila
125%
Phila, Nut, Bauk of Phila
.169%
a Bank of N. Amenca of Phila.24a>i
10 Nat. Bank of ihe State of
fi
,
&
$3,000 Joliet
2,000
North Ind. KR.
mort. 78
Ist
Atchison
HR
93
&
Peak
Pike's
Branch Union
Pac.) IS, cold, l9t mort
33
8,000 Atch son & Pike's Peak
KR. (Cent. Branch Union
Pac.) 6s, gold, 1st mort
30^
(Cev.t
Missouri; cert. 794... 2Jc. per eh.
Closing prices of leading State and Railroad Bonds for three
weeks past, and the range since January. 1, 1878, have been aa
follows:
Mch. April April ^Range since Jan. 1,1878.—,
States.
Lonisiana consols
MiBsoun6o,
29,
J4orth Carolina
6:^,
old
TenucBBce
6e, old
Virginia 68, consol
•67
do
do 2d series...
Columbia, 3-65s 19-24
RAILltOADS.
Central of N, J. 1st consol. ..
Central Pacilic Ist, 6s, gold
District of
. .
74%
&
106%
110%
:«
96%
,..
•113
extended
&
.Mich.So.lsicons.cp
Michigan Central, consol. 78.
Morris & Essex, ist mort
N. Y. Cen. & liiid. Ist, conp.
Ohio & Miss., cons. sink, fund
Pittsb. Fc. Wayne & Chic. 1st
8t. Louis & Iron Mt., 1st mort
i..akeSh.
.
39
H
85
106
29
4
74
74
Apr. 12
6S%
64 .V
Mch.
Jan.
97
X
H6%
107%
•113
•108)4 •109
109%
•119
•lis
•ll'J
•119
•119
•98% •99?^ •9SK
•119
•118K •119
110,%
1)6% April 6
Vlch. SO
Jan.
108
Mch 25
Jan.
113
Jan. 10 110% Mch. 28
105% Jan.
115% Jau.
118
Apr. 12
97% Mch. 27
91% Jau.
91% Jan.
106
10
109
»
68% Mch. 30
106% Mch. 28
106% loss's Jan.
110% 109 Jan.
•1119(4
•108%
Mch.
15
33% Jan.
I,
7!
•;«)
•68%
97
•15%
Highest.
Feb. 11
Feb. 6
17% Feb. 8
39% Apr. 11
I
76^4 74% April
•101 ', 104;4 Jan.
•70
•72
•30
75
106%'
Lowest.
12.
68
Chic. Burl. AQuincy consol. 7s •110%
Chic. & Norihwest'n, cp., gold
9!X
96 V4
Chic M. &, St. P. cons, s, fd, 7s
•10V%
Pac. 08, 1917
Chic. R. I.
I2rie l8t, 7s,
5,
77% •74V
•105« •105
•15%
15
•38% •a9«
'tf9or '90
.
April April April April
Int. period.
108%
I
]04!4
lOj
1,
Highest.
1
New 4% per cents
lli4X
104%
12%
105%' Jan. 24
State and Railroad Honda.— Sou hern Siate bonds are generally firm, and some of them are in demand at home.
The U.S.
Supreme Court at Washington, in the case of Murray vs. The
City of Charleston error to the Supreme Court of South Carolina
Cent. Payable ^Days inclusive.)
Metropol tan
:
1
:
Railroads.
Baltimore
I
IjOWeSL.
12.
—
.
recently been announced
i*sn
a. S. 68, 6-208, 1867
D. S. 5s. 10-408
1881
Ssof
-Range since Jan.
April
I
Jan,
51110% April 4
5'll9
7il.:0
Mch. 30
Mch. 19
15% Fi-b. 20:i00!4 Jan. 30
i'eb.
118
8 119!4 Apr. 10
•103% 03 Apri'1 5 106% Jan. 34
7 107% Mch. 9
•105% 10Ji4 103% Jan
103
1U7
Union Pacific 1st, 6s, gold
sinking fund....
93% 92%
do
95% 9)«
• This IS the urice bid; no saie was made at the Board
Railroad and miscellaneous
Stoclts.
1
Mch
— The
I'l
'^7% Feb. 18
stock market
has been fairly steady on a moderate business. The St. Paul
and Northwest atocks have been among the most active of the
speculative favorites, the former closing to day at 47J for the
common,
an'l
Northwest common
at
51|.
The market was
generally weaker on Wednesday, partly in consequence of the
declarati >n of a scrip dividend by the Baltimore & Ohio company,
but since the Treasury negotiations ou Tliui-sday there has
generally been a more buoyant feeling, and prices at the close
are near Ihe highest point "of the week on several of the most
Railroad earnings for March and for the first
active stocks.
quarter of his year, as compared with 1877, will be found on
anotber page.
Tiie annual report of the Hannibal & St. Joseph Railroad Comp ny, just issued for 1877, shows the following results
:
Gross earnings
Optiating expenses
Balance net earnings
*J'^o''2S
1,135,886
Deduct interest on the funded debt
'"^MS
060^
Leaving
$133,478
V
H
.
Aniv
.
4
.
1
,
wwK
Wonfn
«,«
17.» 5
0()0
ij.aio
4Bir
21,8,10
\i 1175
..V87.'>
10.
II.
3
U.
ai.i'SO
,n'iO
8,010
40.235
33,110
100
21,S."in
8,fi00
Vl,TM
l\H-0
8,060
5,aoo
ia.8i«
SO.SO
B.TOO
U,1M)
9.800
B,7ao
14,
17.137
Paul.
]
S0,5IO
1
Latest eamlriga reported.
110
8l.L.AS.E'n (StL.dlv.ISd week of
Mall.
1,720
510
100
9.200
5.175
8.I0U
(Ken.dlv.)..8d weikof Mch.
" (Tenn.dlv.)..3(i week of .Mch.
Month of Feb...
8t. Paul A 8. City
Sioux CltyASl.Paal. .Month of Keb...
of Feb...
Month
Minnesota.
Soathern
Tol.PcorIa A Warsaw. Ist week of Apr.
Month
of
Fob...
Union Paclic
Isl week (.f Apr.
Wabash
IS.'SS
80,i,0(ie aoO.tOO
U
(fiTeu in
Tlie t(H*l numliff of nlmrea of Htock outstanding
lino, for lbi« purpoHe of coinparinon.
Thti dally lilirheHt and lowest oricea liave be«-u as follows:
tbe la»t
I<5<
10
do
pref.
71 S
Del. L.
M«
HH
Weat
6.
Han. & St. Jot
do
pref.
ni.Onlial...
Lak'^ shore ...
MUhisxnCent
Murrl^ftKaaex
N.V.< il]..tH.18
Olilo* .Mlat...
Parln.Mall
S5
68J(
«8)J
««
9H
Panama
ISO
»X Jo«
«7« «8
yi
svx
Araerlrati Ki
United States.
Welli. KafKO
do
dX
102
•75K
66
6I!K
«5>«
50K
20H
20)4
ISO
....
V
aaicod
Jersey
2,721
l.lliO
1J4.325
do
Chicago
do
&
Chicaitd
Rock Inland * Pacidc.
& Hudnon Canal
pref...
7,9.'i0
Northwestern
do
prof...
129.5S.^
4:i.S50
4,8tlO
Western
n,.SO!
915
St. Joseph....
pref
1,900
440
1J9.693
Illinois Central
Lake ^hore
Michit^an Central
Morris & E-s»'x
H. Y. fviur.ll A Hudson Hiver..
Ohio & M iaslsaippi
PaciUcMail
Panama
Wabsjh ftiwk
Union
7,3.54
90,255
Erie
do
i',12S
*,;25
2,190
65,885
18,736
80.092
3,n90
41,237
155
494
164
199
Pacific
Weetem Union Telegraph
American Eipresa
United Statee Express
Wells, Far^o & Co
Quicksilver....
do
pref
The
7«x -ex
ltl6X
m
•.... ISO
19
l9X
19<4
«7X,"K
«;X 67X
8ix pax
SIX 82X
lUIV
•ISX 49 X
•30
iU
19
«8SX VOX
1112
49
«...
51
•17
10''X
lOX lOX
IK
19x
i»
18S
X
10
lox lox
126
2«X
75X
««X
70X
76X
75X
(MX
««V
7«X
es
n«
566
latest railroad earnings,
1
90
102
49
51
90
•IS
It
aox
30
at tbe Board
—
SI
82'/4Jan.
71
15X Jan.
26S
i9XFeb.
6
90
April
1
year 1877.
and the totals from Jan.
1, to,
Atch. Top. & S. Fe... Month of Mch..
Atlantic & Ot. West. .Month of F.b... "260, S79
Atlantic Mis. A O... Month of Feb...
117,935
Bor.C. Rap. * North. l»t week of "pr.
29,038
Oalro & St. Ix)ui8
3d week of Mch.
5,253
Central Pacific
Month of Mch.. 1,224,410
Chicaso ft Alton
Isl week of Apr.
79.971
Chic, r.url AQuincy. Mi.nthof Feb...
911,150
Chic.Mil.&St. Paul. ..1ft week of Apr.
109,000
Cler. Mt. V. A D.,4c. .3d week of ]tfch.
6,797
Dakota South, rn .. .Month of Mch..
16.988
Den». ft Rio Grande.. .Month of Mch..
64.257
Det Lnnsing&North.Month of Jan...
66,903
Dabnque ft S. City.. .Month of Mch..
81,045
Oal. If. * S. \nionlo.. Month of Feb...
82,185
QrandTruok
W'kend. Mch.3i) 164,.131
Great Western
W'k end. M ch 29 85,696
Hannibal * .St. Jo.
lat wjek of Feb.
26,0fl0
Honst'n A Tox. Cent Month of Feb. ..
20 >.883
Illinois Cent (III. Une.)Month of Mch..
400.117
ao Iowa Lini-8..V!onth of Mch..
l.H0,248
do SpriiiEf diT.Monthof .Mch..
12.106
Indlanai). HI. A W.... Month of Mch..
118.(50
InK * Gt. Northern .Month of Mch..
103.084
Kansas Pacific
Month of Mch.. 275,2^3
Lonlsv. A Nashville. .Monlh of Jan.
490.000
Mlchiiran Central... Month of Mch..
578.432
Mlnneapoii! ft St. L..l8t week of Mch
8,611
Ulssouri Pacific
Month of Mch.. 362,773
Mo. Kansas A Texas. .Month of Mch..
8:iS,54«
Mobile A Ohio
Month of Feb... 188,790
Mashv. Chatt. ft 8t.L..Monih of Teh...
156,';71
New Jerjcy Midland .Month of Feb... a8.3J9
Pad. ft Elizahelht'n. ..3 we, k of Mch.
5,(i79
Pad. A M emphis
3d we.k of Mch.
4.349
Phila. A Erie
.Month of Keb...
180,507
Fbila. A Reailine
.Month of Feb... 535.410
St Jos. A Wc-tem .Month i.f Feb..
.'i7,742
8t.L. A.AT.ii.ihrchs.. Month of Mch..
87,744
8t.L. I. Mt. A South .Mon;hof Mch..
i49,900
BtL. K. C. .t North'n 1st week of Apr.
70,25S
St. L.
8. Francisco .Month of Mch
1 99,616
.
.
.
.
.
I
.
a
,
1877.
Jan.
1
67.666
250.804
719.9' 3
RSI. 110
1.557,303
l.<i«<l,4.'i4
92.000
74,000
iMT.ta
1,033.244
8
delii
ng
points in ihe situation. On gold loans the terms to-day were 4,
and 6 per ceut for carrying; also flat.
T4ie silver bnught
Silver decliued in London to 5'.id. per oz.
in Lon on for the United States Government, which has mostly
arrived, is estimated at al)'.ut $0,000,000.
The range of gold and clearings and balances were as follows:
Ouotations
Current week
Previous week
I
10074
102
The following
74X
77
n
1V4
K5X KDKi
23 11X
12>i.
80
!»)«
l:to
59\'
56
73
84X
91
5
60 !i
fifi
00
21
V,
11
4.H,'
8fi
81
13
19'i
1 to latest
to Utest date.
1877.
1,091.794
1400.344
507.126
247.976
233,518
6.'',
157
1,956,1117
1.748,6'13
2,201,000
l,3-.8,t>31
76,.373
:o.-M
47.630
179,448
50,913
31 ,910
176.23?
2,;91,144
l.l-W.BJS
167,143
30,571
131. .59
45,613
18:.59S
331828
80,474
112.037
318.518
617.7.)3
445,768
534,213
490,000
1,632,445
79,486
3.30,130
247,51.5
!.3<,l/7
634.693
400,781
331.577
96,601
48,014
401.003
1,199,3il0
8 (,514
112.594
l,i81.20u
861.114
379,303
1,850,000
1,611,579
l,8t0.8«l
96,803,000
1.453,500
1,470,708
lOOW
100 Ji
102'^
1110!/,
1
;
@
©
&
@
a
15 50
Fine silver bars
Fine gold bars
(3t
IW'/ia
—
—
4 75
Knglish silver
Prussian sllv. thalers
16 25
15 70
!19J^
Trade
— 65
— 98
dollars.
— »SX
— 98X
@—
95
© — «4>i
a 4 85
70
a—
© — 99
pariio'^prom.
—
t
:
;
Quotatlo; s for foreign exchange are as follows:
Apr'l
60 days.
Prime bankers' sterling bills on London.
Good bankers' and prime commercial
Good commercial
Documentary commercial
1.55.351
2.1(18,73
1.2 ..5112
H9,?.ii
1,0-9.191
4.85K@4 86
4.MX(a4 85V4
4.88X34.69
4.87 ^4.88
®i.<-h
4.8)
Paris (franca)
5.16X@5.I4X
5.16Jia5.i4X
4.1-6X184 67>4
5 1
(SfiMa
5 15
5 15
6.1«X@5.14H
Amsterdam (pnildorg)
Hamburg (reichmarks)
Frankfort (reichra..irk8)
Bremen (reichmarks)
Berlin (reichmarks)
,
40X®
4il^
9514,^
95H
95!ia
95*0
95 V4
96)4
9SX(3>
BoHtou Maiiku— The
<mMH
Qfi.13^
4rxa 4(H
P5«.a
9«)i
95j<ia
9SX
9fiX
9554(9
lollowing are the totals of the Boston
banks for a series of weeks past:
Specie. L. Tenders. Deposits. Circulation. Agg. Clear
Loans.
1877.
*
$
$
t
Dec. 3..
128,034,700
127,951,900
2,811.500
3,0 '4,280
2,910,810
5,601 ,.500
5fl,673,';00
24,110.200
5,647,500
50,1
,'<,K0O
24 fi37.200
42,8)5.(186
47,9()7.868
00
84,561.400
21,550,001
24,336.400
45.502,579
4(i,87s4re
39,552.908
53.767,000
51.481,100
24.786.300
24,8 0,;>00
58,110,10(5
50,0(10.0011
24.8-i3.200
Sl.1.26 600
61,3(6,347
Dec. 34.
Dec. 31
1678.
7..
14.
31.
28.
Jan.
Jan.
Jan.
Jan.
Feb.
Feb.
Feb.
4.
11.
IS.
Feb. 25.
Mir. 4.
Mar. 11.
Mar. 18.
Mar. 25.
Apl. 1..
Apr. 8..
$
5,5ii0,.500
49,745.500
18-1,(30,400
2,9S5,«(I0
137,723,900
3,347,900
5,755,400
6,IM3,700
50,615,.
1-J9,026,800
4,293,400
5.024,800
131.015,000
130,875,000
5.1(10,100
5,0; 4, (00
li9,08-2.100
131,596,3110
5,366,410
5,17 .0(
5,1S».3.0
3,982.800
3,710,800
r2').920,.5(
5,381.'-00
3,660.. 00
3.! 9-2.700
125,l-;l.60O
123.322,1 00
5,119.000
3.:.12
700
48.8 5.."«)
4,91)2,900
3.6-8.30)
l-i4,416,l>
5,024,400
5.433,700
5,850,7(0
«,2»4,40O
3.991.1)00
43,9(15,5 O
49.40|,-200
4,(H9.400
4,113,100
6,412,-i(<l
4.47,000
6,5:7,-200
4,4)3,600
1-J7,«!'9,700
134,1 84, 100
124,i.50,!KX)
12l,.537,.00
124.2..7,3O0
I250i(i,-.00
4,114,0(10
Philadelphia Banks.-. -The
511.211, .00
48.8)3,900
48,152 800
49,1104,1
00
49.035,M(
34
7.59,
00
51 453.371
4>,295,8n
8 ',146,161
25.(6 ,"(0
2 ,2 6.10O
2J.100.3oO
25,2<7,;00
25,114.300
44.371.064
00
43.612,.375
1.700
4 4, ./SI. 065
38.2 r, 453
49,031,-07
49,21, ,400
48.5r.',600
25,273,(
48,975.800
50.O;9.300
25.-JI7.40l
3-.,21
83,452.500
41.564.--'i8
34,3(X.8ia
40,546,165
4-2,1-21,310
totals of the Philadelohia
banks
are as foUown:
275.8i8
422, T23
187T.
19.
Nov. 26.
Dec. 3..
Dec. 10.
587.613
415,768
1,510,137
Dec. 17.
Dec. 24.
Dec. 31.
861.373
7I9,»46
Jan. 7..
Jan. 14.
Jan. 31.
307,490
3 days.
4 89 ®4.89>i
04.87
4. 86
.
/Vntwerp (francs)
Swiss (fra'ics)
Specie. L. Tenders. Deposits. Circa'atton. Agg. Clear
Loans.
2'iO,284
l,:.36,Dy6
l,'96,H0il
are quotations in gold for various coins
Dimes A half dimes — 98)ia
$4 90
Large silver, Ke-fcXs
9b
8 92
Five francs
4 18
— 92J<a
94
Mexican dollars. .
4 10
Sovereigns
$4 80
.Vapoieons
3 87
Kelchmarks.... 4 72
£ Guilders
3 90
Spanish Doubloons. 15 '0
18<,tiO0
1,209.281
383.0(1
42,t56
1.3.'5..'J00
W^
.Mir
1878.
XKW
13.201,1 (•(.
1 9.031,001
18,100,00(1
74><i
idSX
a.'ix
4H
1
lOOK
muiiixi^ KllJiHOOX
.
to dnte..
Currency,
$17,803.00 Jl.ll'8,500 $1,656,915
910.700
«j0.'35
9.92:1,>XX)
m%
.
.
Jan.
Gold.
Clcarinsja.
w%
mv.
.
Balances.—^
(iold
O.i'n Low.lUiKli CIos.
Satarday, April 8.... 100 J4 10 Ti luo;. 100 JJ
"
lO'X
Monday,
8... l(»)X
"
Tocsday,
9.... :oo% 100?!,- ItOJj II 0«
Wednesday, '*
10 ... lOOK lOOX 1()0« lOUX
"
lOiiX lO.'; lOOX lOOH
Thursday,
11..
"
100 Ji KO)i
Friday,
12... 100>i
73H
HiiH
30 X
1,038,708
198.403
740,018
81,718
43,450
850.178
56.933
110,733
m>.:»l
35X
37V
li«x
73(4
3,3111,1.59
148,494
42,631
6,888
15,9«
Boston scarcf, at par.
4:ix
.''5J 9il
260.472
466,787
38,J'0
S,3i3.410
174..';93
8a.vn
13 ,775
«»l,88.i
38.17(1
45
15
m%
$662,500
863,121
113,978
MIS)
SI,7.'S«
7)
42X
240,577
137,990
18.296
5,6 9
1,245.373
72,685
871, :68
n0,li26
5,980
12,607
49,219
45,602
69,01
163.437
76,002
S8.9J5
ao,on«
33'.i
I18T<
11
$189,180
71,'i.)4
sun
8t,»8
4i, 5, 5i
Dei-. 10.
Dec. 17.
1878.
fJOti.OUO
*8.IOT
81,388
90.409
17,551
31,013
40K
.17'^
6
94
and including, the period mentioned
Latest eaminj^ reported.-
.
1877.
13fi.31t
7«.4:i8
7
17
Hii-h
dates, are given below.
The statement includes the gross earnings of all railroads from which returns can be obtained.
The
columns under the heading " Jan. 1 to latest date" furnish the
eroBS raroings from Jan.
Ut the second column.
to latMt date.
Kxriisnse. The negotiations with the Syndicate, and consequent advance of U. S. bonds in London, have caused a decline
in the a tual dealing prices of foreign excharge. and to-day the
biisinesB waa dull at about 4 86i
r 60 days' sterling, and 4 88J
for demand.
In domestic bill..', the following were lales on New York toSavannah, buyi g at 1-18
day at the undermentioned cities
premium, selling at J premium; Charleston, scarce, par, 8-16@J
premium; New Orlons, commercial \ premium, bank J premium St. Louis, 7.5 premium; Chicago, 25 to 50 premium; and
Low.
6,
laji Feb. 25
81)4 Jan. 2i
I
IHTa
131,141
at 100^(31001
00
Tliur<>day, and ic-day ranged at 100JffllOO|, closinjr at the lalter
price.
1 he successful sa'e of government bonds to the Syndicate
for the purpose of accumulating f.50,000 000 gold for resumption
purposes, together with ihe immediate fact ihat it Is presumed
gold shiomeuts wi 1, for tlie prfsent, terminate, are the princi) al
'••toe
XX
Whole
—
Jan. 1. 1878, to dale.
Highest.
Lowest.
laK Jan. 2 18)i Jan. 14
i'eb.
28
:06fi Feb. 18
99H
8«
Jan. 2 48X April 5
Jan.
80
(8X
7^U Jan. 9
.'SX Feb. 11 51\ Apr. 12
r93£ Feb. 9 ;8'/4 April 2
»8>< .Ian. 16 lOSX April S
45
Jan. 5 1614 Mih.29
46X Mch. B 5«X Mch 2H
7X Jan. 5 11 .Ji Mch. 21
10
Feb. 28l 12U Jan. 8
21X Feb. 28 27 Jan. 21
77
7-i>i Feb. 14
Feb. 4
59XJan. 15 f.7 April 5
5SHJan. 3 rox Apr. 12
67/. Fob. 28 79X Mch.vM
103 V Feb. 11 1C8X Jan. 9
7 Jan. 161 ItX April 9
IbWMch.ls' 2:lJi Jan. 16
112
Jan. 5 131
Feb. 25
lUXMch.141 20% April 6
64X Jan. 4' 7i .Mch. 20
75J» Feb. 13, ,"3X April 5
Jan. 8 lOiVi Feb. 8
98
47^ Jan. 14 50 Jan. 2
46
Jan. 22 f>lx Feb. 25
.
«,HI8
2,350
4I,SII
Uold 7I«rli«i.— Gold w
Jan.
'.
26
51
so
»X
"X X
MX MX
\
1
,
1^77.
14.9)5
t,0t7
3,5«1
12,,'tS2
••
Mexican Doubloons
&
A
X
and tbe range in prices since Jan.
Chlcaeu Borl. J^ Quincy
Ohicairo Mil.
8t. Paul.
Hannibal
do
8^
V
W 54X
54
U«s
41'X
do ia;< waa made
;
Sales
I.Ack. &,
I8X
102
51
MX
19X
5'.X
73
-,'ii
ni'X
E5,l<
SB
64
S'iX
49
•50
90
•17
50
«
;0K
•OX
102
49
MX
•SO
ofw'k.
Shares
Delaware
Delaware
19
«7?i
81
50K 50K
•S95 9i
SIX
and
X
49
91
19
Total sales this week,
1877. were as follows:
do
ns
19
19X
«;X 6414
82M Six
101
5
•17
•30
31
New
68
'•en
77
2X
H 4;v
7.x .2S
40
J5H
««X
68H
TJX
12.
'««
II
SIH MJC
51!4
7«
UI6X luty
lox I'S
«»v<
•Six
Ttaeac are the prlcea Did
Oentral of
84«
51H 5'«
lOX 1 X
!ix :ix
•»X 36X
655?
"V
SI'K
I'
•19
18S
pref
lOlX
5i
io«x tosk
ia)»ii3?
19« :0V<
6^X «"X
82
8!S
!1
to
19)4
ViJi
101K102>»
•r!:s ISO
101
II
WH
50)4
«;< 4)H
..
Qotckallrer'....
H
10
107
inv<
9X
WX
20^
7IX
17« 49K
J5X
77
;«H
101
lOiX
KX
V%
6?X fSK
n
H
MX
2«S
211^
71
~X
101
mv
Wabash, »tock
Union Pacinc.
Weat. Un.Tcl.
Kxp...
V'X
lOX Ui<
.nx iix
51X
102X !(/.«
7i
50
71
X
HX
7VM
«)*
7.«
12S4
71
SSX 56W
10« lUK
v.. J»«
.
Adama
rts
April
i««
iei4
4i
4S
ETrliln^
n
April
lO.
17
4eM
4.S UX
IIV 73
4»5 49H
102S I02K
s;
•2s
April
Wi« ItSXlM
lOi, 10!«
l»%
S3
51S
lOH lov
«rle
102X
il\ 49
TiH 7S
8
7!K
ia;x :»!%
Wodnea'v, THoradar,
9.
16
H
*
-.-iH
«
4
pn^f.
do
C. K. l.« Pac.
Del,A H. Canal
April
9.
1«V
1U3M
X
a%
lO-.'V 1(B
ClllC.* North.
*
April
8t. f.
<E
Tueaday,
Mondar.
BatarnaT.
April «.
I(W 1<»
Mch
P^iC.
3,725
ti5,8;»
24.3*5
361
IHf-i.
soo
eso
90,255
1» .W5 la^WS
Tolnl
Whole »tocl[V."!'.'.151.rtll 4»4,«(» 337.874 151012 200(00 524,000
44,'287
U. Mil.
.
:
*W.
MiKH.
5,800
9
1!1,.|'6
Ohio
St.
Shoro. Union.
A^rll
w»re an follow»
* Del. L Morrli
IcRrtlnL' iitookn
In
Lake
Central or N..I
Chle. liurl.ftq
..
THE CHRONICLE.
18, 1878. J
B»le» of the
ToUl
X
8
.
Nov
$
«
$
»
S
«
59,610.038
59,1.50819
59.096.735
1.412.533
1.410,131
13.629,614
13,'.?:, 169
10,66,728
34,<'41,032
601
59,41.288
l,3l8..3o«
33,674,010
38.i74.53(
87,510,760
59,(l7li.4'.l4
58,566.9-26
1,310,269
1,314,335
1,517,841
13,8>'3.237
18.^92. '.SO
13,!87,.539
48.S67,785
47.813,9 7
47,853.2.7
59.400,567
59.585,151
59.7)7,838
1,769,-M8
1,830,17!
3,014,689
59,4(18. 8(6
1,.S35
47.(i.i3..3<9
10,113,563
10,70i.40J
10.771,71«
4ii.7IO.:M7
10.779, 196
3lt.lt9l,.35S
12.138.322
13,335.831
48,402,813
10.848.315
85,183.847
46,11,2,613
10,866,
05
»,4M,!9S
l.Z,3S1.352
13.3 0.655
12,911,8-27
47.247,144
47.1>7.084
47,014.740
4H.418.848
46,3)2.315
45.781 847
45,374 991
46,137,637
10,931.368
lO.KIO 6.39
10.975.584
1878.
4;ic,,-,75
308.960
9.',835
430.953
1,5S0,84'1
.50.993
131.(19
Jan. 28.
Feb. 4..
69,127,7l'0
8,076,1(13
12.'^ 30.413
3,IJ9,''4-)
1.3.319,450
2,235,090
1.3,IS->.57«
Feb. 11.
58,7-J ),420
5-,i 9^.371
Feb. 18.
Feb. -J5.
Mar. 4..
58.935.737
56,893,040
58,h7»,840
2,185,-.1-M
1-2,579,143
3,113.897
I-',6'iO,-258
74,H^
M(ir. 11.
Mar. 18.
58,69«,lia0
3.112.782
12,194,,312
I3,6.15,T56
58,4 .'0,683
58,S!H,716
8,.38«,625
12,143,650
Mar. 35.
3,<
3,811.63*
85
45. 03,6.30
44.901.113
44.770.251
44,546,017
388
808 401
Apl. 1..
.'>>(.
73
3,.359,978
II, 458,.' 67
43,70.3, 881
318,934
Apr. 8..
68,971,947
3,861,819
10,882,4«0
48,456,531
l.OfiO
197,
l«,-26»,(
1(..990,44»
37,839.846
86.3fO.B75
l0.S3B.55g
29,47 i.^ei
10,99 ,361
10.988.741
I ,976,758
38.540.808
28,8:4.357
M,
.90
M.iis.esT
11,(03,7*4
ll.(H8,028
11,00 ,415
33.100,008
88.104,101
> 9,738.674
S9,»HI.916
38,518.717
87,l»),888
11,
II o;5 9."6
11,071,-03
11,107,370
29,^0.•.2I8
.
.
.
THE CHKONICLE.
362
Mew Ifork CUjr BanK«._The followincr statement shows the
eondition of the Associated Banks of. New York City for the week
ending at the commencement of business on April 6, 1878:
-AVERAGE AMOUNT OF
Loans and
Legal
Net
CirculaBanks
Capital. DiscouQts.
Specie. Tenders. Deposits.
tion.
i
New York
Ma
hattan Co...
Merchants'
Mechanics'
Union
America
Phoenix
City,
Tradesmen's ....
Fulton
Chemical
Merchants' Exch.
Gallatin National
Butchers'cfc Drov.
&
Mechanics'
Tr.
Greenwich
Leatiier Manuftrs.
8,839,600 4,086,800
603,300
5.8»3,100 1,441,000
530,100
t<,2:i8.8liO
1,811,000
\)U,100
6,177,20)
631,700
472,000
4,118,100
665,800
2)2,200
8,009.000 2,074,-iOO
943,300
144,i)fl0
2,796,000
443,000
5,337,700 2,03S.800 l,-i»0,000
3,078,300
290,300
314,000
1,583.900
290,iOO
317,900
10,043.900 2,032,700 1,545,600
3,585,300
384,700
368,200
3,411,400
436,000
164.400
1,393.000
159,000
97,000
1,454,000
9,300
237,800
869,0ii0
190.400
2,365,300
579,600
343.600
846,4(i0
151,100
98.300
1,636,900
39^,200
122,400
ll,S5i,000 !,092,i'00
750,000
12,6S8,200 2,01?,6C0
993.^00
4,443,200
6a3,100
267,400
3,361,700
403,700
419.500
2,087,100
93,500
365,900
3,149,100
253,800
247,900
2,979,300
303,200
337,400
1. 249,200
6,600
185, 00
1,561,900
123,000
25l,0
5,046.700
710,SC0
260,VOO
l,9li0,600
,100
190,800
12,7.32,00O 1,340,000 1,OC8,000
1,623,300
83,000
485,900
1,977,800
103,100
23<,000
2,687.900
280,000
217,^00
1.932,800
11-3,600
137,400
3,65i,000
,'133,500
3410)0
3,000,000
2,050,OCO
3,000,000
2,000,000
1,300,000
3,000,000
1,000,000
1,000,000
1,000,000
BOO.COO
SOO.OUO
1,000,000
1,5J0,000
500,000
600,000
200,000
600,000
Seventh Ward.... 300,000
State of N. Yorli.
800,000
American Exch'e. 5,000,000
Commerce.
Broadway
Mercantile
Pacific
Republic
Chatham
People's
North America...
Hanover
Irving
Metropolitan
Citizens'
Nassau
Market
St.Nicholas
Shoeand Leather.
ComEichange...
Continental
Oriental
Marine
Importers'&Trad.
Park
Mech. Bkg. Ase'n.
Grocers'
North itiver
BaftKiver
ManuJ'rs'
—
..,..
.
.
&
5,000,000
1,000.000
1,100.000
422,700
1,500,000
450,000
412,600
700,000
1,000,000
600,000
3,000,000
600,000
1,000,000
1,000,000
l,a)0,000
1.000,000
1,000,000
1,250,C00
300,000
400,000
1,600,000
2,000,000
600,000
300,000
240,000
350,000
Mer.
100,0110
Fourth Nalional..
3,500,000
2,000,000
300,000
750,000
600,000
1,001,000
300,000
250,000
Central National..
.Second National..
Ninth National...
First National
Third National...
N. Y.Nat. Kxch..
Bowery National
New York County
German American
Total.
2,931,300
231,500
3,213.100
111,400
1,23S,300
23.500
2,016,200
113,600
16,011,900 1,760,100
13,450.500 2,116,800
6)3.400
35,400
506,400
1,400
793,100
16,100
726,100
65,100
428,300
65,300
13,661,300 1,450,600
7,1(10,000
443,000
1,896,000
3,344,900
309,000
7,570,000 1,133,300
6,260,700 ],322,30O
1.017,700
231,309
1,1 60, .500
13,000
1,166,400
2,046,300
280.500
200,0
760,000
40,000
7,500
115,100
167,100
135,00)
1,100
S53,00O
9,539,400
5,060.-IOO
7,47^.100
4,506,300
3,110,900
6,900,400
2,511,000
4,63!,800
l,75i,000
1.241,300
10.081,600
2,886,600
1.760,200
1,003,000
970,000
786,400
2,256.400
79o,400
1.473,900
785,300
627,400
163.0(<0
278,000
l')H,0fi0
2.700
559,000
36.SCI0
45,000
223,000
1,977,100
898,800
180.000
8,37.^,000
6,597,700
2,641.800
3,057,000
1,691,900
1,712,300
2,615,600
1,051,300
l,371,4f0
450,009
401,000
5,400
445.000
75,000
4,478,(HX)
1,931,100
9,472,000
1,548,800
1,872,500
S,250,0(X1
202.000
3.iK)0
l,835,4(i0
Si 4.6a.
498,300
454,100
4,700
780,300
"43,800
2,72:3,900
303,000
8SU.600
205.100
316,000
2,S26,9oO
1,796,300
2,086,400
l,0.'-0,:iOO
1.883,000
17,265,600
14,114,000
432,100
457,900
649,100
1,539,800
75,700
109,100
139.100
68,100
84,700
1,440,700
998,000
887',i"66
.„.„„„
1,112 400
o«0,(X)0
308,100
535,.500
98,900
447,100
11,152,700
6,706,<00
1,963,000
3,054,500
',765,600
6,346,000
766,800
775,000
1,205,600
l,9i5,300
617,000
648,100
681,000
449,900
85,300
211,000
318,900
161,400
....65,523,200 210,049,100 36,62,1,700 25,637,000 204,663,200
6RCORITIK8.
SECURITIES.
OgdenBb.&L.Champrn,pref.* 104)^ 105
08
Old Colony
981t
(j5
Portland Saco & Portsmouth
naciaud, common
do
preferred
do
63, In.
The deviations from
Specie
Legal Tenders
The following
Nov.
Nov.
Nov.
10.
17.
24.
Dec. 1..
Dec. 8..
Dec. 15.
Dec. 22.
Dec. 29.
1878.
Jan. 5..
Jan. 12.
Jan. 19.
Jin.
Feb. 3..
Feb. 9..
Feb. 16.
Feb. 23.
Mar. 3..
Mar. 9..
Mar. 18.
Mar. 23.
Mar. 30.
Apr. 8...
|
2,1)6,900
2,788,400
Specie.
238,183,800
236.387,400
"—
:
Circulation
L. Tenders.
£
£
16,515,900
17.322,401
35,91't,300
weeks
pa-<t:
Deposits. Circulation. Aze, Clear
ft
A
S
19,5,561.503 16,2)0,300 478 ,165 ,,840
.
39,235,100
39,531,900
19i,848.7i)0
l'!.3,557,300
16,726,000
17,156,800
17,730,200
458 035,653
33,50:3,100
836,303,300
.39,-382,900
196,501,500
17,811,'.)00
401 960.936
2:35,339,800
19,767,8i)0
18,324,000
18,995,000
19,566,800
39,919,,00
40.579,800
58,478,700
37,563,900
86,067,500
35,30O,50J
19;i,534,!)00
'.(.33,439.600
18,101,500
18,110,300
417 ,104,418
369 ,512,964
18.308,:-'00
18,676,71X1
488',943,339
426',935,792
194,842,,500
ll!.293,90,)
4;2 ,404,646
197,711,800
19,657,600
334,,336,660
25,307,500
27,091,200
31,612,000
34,RO4,000
38,477,.5«0
37,:89,:300
37,231,20.1
37,-363,300
201,981,500
303,666,000
203,97 3,:300
207,171,200
210,:301,rO:)
412 ,729,867
403 ,312,618
408 .472.874
378.,019.773
34o''314,147
-32,:379.400
34,877,006
34,845,600
a3,978,0OO
211,713,000
212,132,000
210,891,600
19,787,100
19,861,600
19,841,800
19,793,:0)
19,761,300
19,687,100
19,781,200
19,806.900
33,336,400
87,116,900
3:3,1:37,900
30,655,<.'00
313,9:3:3,400
39,54.5,900
;30,336,300
29,60,5,700
238,578,200
237,514,000
15,9.35,900
2:39,764,30J
19,6?4,':00
239,173,900
23,122,400
239,256,100
28!i,936,-300
2:36.931,200
23S,404,:30O
241,3;5,.50l)
243,05;,:500
242,859,900
243,659,100
216,456,300
246,330,600
243,978,900
241,566,700
241.5 0,900
240,649,109
31,193,600
31,330,000
33,146,900
33,011,600
39,687,500
38,767,600
36,620,700
BOSTfliV.
29,425,400
26,637,000
19!.364,900
196,961,500
196,9:2 3>;0
195.896,400
216,153,900
2I5,0-5,100
211,9,38,500
210,378,400
204,663,200
BXOUBITIRB.
Maine 6b
New Hampshire
VermonteB
341 105,462
34) ,070,124
289 4S7,491
4U0 609,630
377 110,111
40]' 593,077
3^3 ,731,072
359 )53,328
441 443,055
Bid. Ask.
v.o
108^
Ss.Ist mort
Verin't C. 1st m.,7B
Uutland
''Rrmont
&
(Canada,
Vermont & Mass.
\i
new
8a..
U., 6s ...
STOCKS.
Atchl=on
M5>4
Inc. Us.. 105
Boston
Boston
Boston
BoBton
& Topeka
21
125
& Albany
& Lowell
& Maine
& Providence
107
lOO-K
Burlington & Mo. In Neb
Cheshire preferred
Cln. Sandusky & Clev
in
HO
2?i
Concord
Connecticut River
Conn. & PABsumpsIc
Eastern (Mass.)
Iilaetera (New Hampshire)...
Fltchburg
Man^eeter & Lawrence
New York A New Knglanfl...
Northern of New Hampshire
Norwich & Worcester
lO'i
MedencM. *
L.
Chamnlaln
3SM
133
Nashua & Lowell
.
ale*" <">i.«J«i
MOJb
«a
flo
Mo., land arrant 7s....
I
,
Omahs & S. Wc^^ern, 83 ....
Pu?blo& Ark. Valley. 78
do
>eb. 88, 1891
do
Neb. 88, 1883 -...
Conn. A PassumpBlc, 7*=, 189?.
FitchbnrgUR,*fi
106
do
78....
Kan. City Top. & W., 7b, 1st
do
do
7s, Inc
^
80
KaBtern, Mass., 3\<8, new. ...
Hartford & Krle7a. ar-w
A
19,944,600
8KOURITIS8.
Uastachueetts 5s, gold
Uostou 69, currency
I13>i
do 58, gold
Cblcago sewerage 78
do
Muuiclpal78
Portland 68
Atch. & Tcpekalst m.78
do
land grantta 91%
do
2d 7s
65J6
Pgdnnwhtirg
19,910,700
19,906,300
19,912,-300
01dColouy,78
6s
do
land
BOBtonoE Albany 78
do
68
BoBton & Loweins
Boston A; Malue78
19,8,38,500
19,'-a5,HX)
437!,387,453
358'.00,5,167
PlIILAUELPniA AMD OTHER CITl KS.
BOSTON.
&
33,300
18,764,500
19,451,800
2:36,216.600
2.33,^63,300
ftUOTAtrO.NS IN
Burl.
Inc.
1
are the totals for a series of
Loans.
S
1877
Oct. SO..
Oct. 27.
Nov. a"
returns o^ previous week are as folio W8
J9i:,800 Net Deposits
Dec. |6, 15,200
Dec.
Dec.
Dec.
...
80
.
CASAL BONDS.
Chesap.
.
104'
i'08
do
6s, Ola, reg...
do 6B,n., rg., prior to 'K 112 n.s
113
do 69,u.,rg.,!895& over 112
i'3M
Allegheny County 59, coup..
Kill
.•*.
Allegheny City 78, reif
48, coup,, 1913
5b, reg.
cp., 191*.
do
do
68. gold, reg
do
78, w't'r ln,rg. Acn.
ilo "8, itr.lmp..reff.,'S3-36*
Jersey 68, reg. and coup, .
PlttaDurg
N.
&
exempt,
do
Camden County
Camden City 68,
do
rg.
6s,
50
K1
102
70
HO
& coup,
coup
coupon......
reg. A coup
78,
Dclawsrefis, coupon
Harrlsburg City 6», coupon
pref
do
new pref
do
Delaware A Bound Brook....
Bast Pennsylvania
Elmlra A V/llUamsport
do
pref..
do
Har. P. Mt. Joy A Lancaster.
Huntingdon A Broad Top...
do pref.
do
Lehigh Valley
Little Schuylkill
>\lnehlll
Ntisquehonlng Valley
Norrlstown
Northern Paclflc, pref
North Pennsylvania
Pennsylvania
Phlla'iclphlaA Erie
6s, defense, J.& J.
6s, exempt, 1887 ...
do
6?, 1890, quarterly..
do
5a, quarterly
Baltimore 6a, iS81, quarterly.
do 6s,;8S6, J.&J
do 68, 1891', Quarterly.
do 6s, park, 1890, Q.— M.
do 6s, 1893, M.&S
do 6s, exempt, 'iS.M.&S,
1900,J.4J
do
do
I'dOi, J.iJ
Norfolk water, 8s
2
38«
S
6
39
44
48
»
135s
'^
HUH
'30
17X
50
120
^^
Ho
do
l
st m., 68,con.
2d m.68.
5
107k
104M
H4k
'Si..
112
114
UH
113«
150
Pittsburg
&
1
)3.4
1
Conne11sv1Ile..50
75
14
S
2B
6
RAILROAD BONDS.
Bait.
&
Ohio
do
103«
103H 104)4
101^4
68, 1880, J.&.T.
6s, 1886, A.&O.
m..guar.,'85,,I&.I
103
90«
105
van 99
93
03ii
10
98
W. Md. 63. l8t m.,gr.,'90,J.&J 108
95
do 1st ra., ISO), J.&.I...
lO'i
do 2(1 m., guar., J. & J
65
do 2d m.,pref
do 2d m.,gr. by W.Co.J&.I 103
do 6s. 3d m.. guar., J.& J. lOS
112
100
112
US
106
113
89
Cln. 7s, '92, F. & A ... 1-5
2d, M.
3Ht 32«
do
Ss,3d,J.AJ
do
12^ 13
anion RU. Ist, guar., J. & J.,
Can on endorsed. ioiHi !02«
do
MISCELLANEOUS.
Baltimore Uas certlllcatee.
101
103
People's Gas
14
Mar.
107
SO
28
113
iia
114
63,1900, A.&O
do
do 6a, gld, 1900, .J.&J
Cen. Oblo6a, lstm.,'90,M.&S.
CANAL STOCKS.
Belvldcre Dela.
111
90
PIttsb.* Conneir8V.7s,'98,J&.' 00
Northern Central 6», '85, Jifc.l 104
120
Chesapeake A Delaware....
Delawnre Division
Lehigh Navigation
Morns....
do pref
PeaoRvivanla
Schuylkill Navigation
do
pref.
Susquehanna
RAILROAD BONDS.
Allegheny Val., 7 S-lOs. 189S.
7s. E.ext.,1910
do
Inc. 78, end., '94
do
10S«
112
102
108
110
RAILROAD STOCKS. Par.
100 74
Balt.&Ohlo
do
Wash. Branch. 100 185
11% N. W. Va. 3d
Plilla. Winning.
_
90
112
38
Westchester consol. pref
Woet Jersey
61H
108
107
110
110
110
113
112
do
Parkersb'g Br..50
Northern Central
50
47H
511
45
45>^ Western Maryland
50
Central Ohio
98
95
15M 19
A Trenton
A Baltimore
Tltiisv. A Buff
87
lOi
100
105
UO
.
28H
Philadelphia
100
BALTIMORE.
CatawlBsa
Pittsburg
70
6s, reg., '86.
do
pref
do
Uela,
Maryland
.
RAILROAD STOCKS.
Camden & Atlantic
do
&
Delaware Division 6s, cp.,'I8
Leblgb Navigation 68, reg., '84
do
RB., rg.,'9- 102
no
cvnv.,g., rg.,'91
do
gold, 'ii....
do cons, m.78, re.,191i
Morris, boat loan, reg., 1885.
Pennsylvania 68, coup., '.9i0.
SchuylKlll NaT. 1st m.Ss, '97.
do
2d m. 63. mo
do
6s. boat & car, 3:S
do
7s, boat & car, 19 5
Susquehanna 6s, coup.. 19.3
1
.
Loans
.
Plane, reg.,*i379
PhiUdelpula, 5s reg
269,.300
944,600
Phll.&l?., m.7s, reg.&cp..'92-3
Phlla. Wllin. « B.n. 6s, '81
PUt3.Cill..fe St. Louis 7s, 1900
.
United N.J. Companies
19,
Bid. Ask,
Stiamokin V.& Pottsv. 7a, 1901
Stoubenv. & Ind. Ist, 68, 1884.
Vermont A Canada
Stony Creek Ist in. 7s, 1997..
111
Vermont A Massachuscttb*.
8unbury& Erie Ist in. 7s, '97..
Worcester* Nashua
Union &TIIUSV. 1st m. 7b, 'sIO.
30H
LTtilted N. J. cons. m. 6s, '94.
Warren & F. l»t in.7s, '98,...
PHIIiADE:i.PHIA.
West Chester cons. 78, '91
BTATE AND CITY BONDS.
West Jersey 68, deb., coup. ,'83
Penna. 58, g'd, int.,reg. or cp.
do
Ist m. 68, cp., '96 103
do 5s, cnr.,re^
do
l8tm.78,'97
98 100
IlOiX
do 53, new. reg., 189^-1902 110
80
do 68,10-15, reg.,l-7T-'8a, 104« 104k- Western Penn. KR. 6s. :893..
114
do
68 P. B.,'96
82M
do 6s, 15-35. reg.. l882-'92
600.1)00
224,500
180,000
XXVI,
BOSTON, PHILADBLPHIA, Etc.-Contiuued.
PiilladelptilaA Heading
789,800
.
[Vol.
1,051,200
1,495,000
270,000
4riO,(Kio
1
t
. .....
&
&N
.
33
CINCINNATI.
Cincinnati 68
97
j
100
7s
1 104
1(6
do
T30S
t 106
IDS
do
Camden AAmboy 68,coup,'33 10!
South. KB. T30B.t »8H 100
do
6s, coup., 'S9 102
do
do 68, gold, t 80
90
do
109
mort. 63, '89
do
109}s
Hamilton Co., O., 6s. long., .t 97 100
Cam. A Atl. lat m. 78, g., 1903 io;i
7s, 1 to 5 yrB..t 100
104
ao
2dm., 78. cur.. '80 96U
do
7&TS0s,long.t
104
110
do
Cam. A Burllngtun Co. 68.'97, 101
78
Cln.* Cov. Bridge st'k, pref. 65
Catawlssa Ist, Ts, conv., 's2.
103
104
Oln. Ham. & D. 1st m. 78, '80
chat, ra., lOs, '88 ..
do
2dm. 7b, '85.. 95
98
do
new 7a, 1900
do
Cln. Ham. & Ind., 78, guar.
103
Connecting 68, 1900-1901
'04
'96
Cln. & Indiana lat m. 7s
Dan.H.A Wllks.,lBt.,78, '37".
2d m.7s, 'iT... 70
do
78
Delaware mort., 68, various.
Colum. & Xenla, Ist m. 75, '90 1U3 100
03
Del. A Bound Br., 1st. 7s. 1906 89
Dayton & Mich. 1st ra. 78. '81 102 103
102
EastPenn. ist mort. 78, '83
2dm. 7b, '84 94
do
96
K1.& W'msport, i&t m.,7s,';S0.
3d m. 78. '8S, 88
do
91
iBt m., 5s,perp,
do
Dayton & West. Istm., '8i...t 100
104
106
Harrlsburg Ist mort. 6s, 8i.
85
IBt m., 1905
ilO
do
H. A B. T. 1st m. 78, gold, '90,
107H
Ist m.68, 1905 75
do
80
2d m. 78, gold, '95.
do
00
Ind. Cln. & Laf. Ist m.78..
02
8d m. cons. 78, '95'
do
25J»
(l.&C.) l8tm.78,'S8 90
do
91
IthftcaA Athens Ist g d, is., '9(1
98
Little Miami 63, '63
100
Junction 1st mort. 6-», '82
stock.
12
Dayton
*
15
CIu.
Ham.
2d mort. 63. 19J0 ...
do
stock
98
Columbus & .\enla
99
h. Sup. A Miss., iBt m., 7-, g.*
Dayton & Michigan stock
3S
Lehigh Valley, 63, coup.. 1898. 110 :i2
87
8. p.c. st'k, guar
do
88
68. reg.. IS^i.
1I2X
do
Little .Miami stock
88k 88
114
78, reg., 1910
do
do con. m., 63,rg.,19.iS 97
97f«
liOUISVIIiIiE.
68,fp.49 3 97
do
do
97*1
104
t
Louisville 78
Little Schuylkill, Ist m. 73 '-a
+
6s,'S2to'87
09)4
do
North. Peuu. Ut m.6s, cp.,'85,
88,'9;tO'9«
do
t
2J m. 78, cp.. 96.
do
'89
6s,'87
to
t
water
10)4
do
103
do gen. m. 78, cp., 1003
water stock 68,'97.t
99)4
do
do gen. m. 79, reg., 190'^
losx
+
wharf 6s
do
90
Oil Creek l&t m. 7s, coup.,'8;.
epec'I tax6.^ of '89.t
do
rittBb. TItusv. A B., 78, cp..'96
Jeff.M.&1.18tm.(l&M)7b,'Bit
scrip
do
2d m.,7s
88
do
114
Pa.&N.Y.G.A RK.78,'9ti-!906.
let m. 78, 1906....
do
103X
10I5<
Pennsylvania. 1st m., cp.,'80..
Loulsv.C.A Lex. ist m. 78,'97.
gen. m.6s,cp..l9:0107
do
+
10 !k 103
ex pa^t-due c uponfl
een. m. 68, )g.,19]0. 105>s lOilH
do
100
LouIs.& Fr'k.,Loul8v.ln,68,'8:
cons.m.6',rg., 1905
do
LoulBV. & Nashville—
cons. m. 68. ep., 1903.
do
68,
'86
t
100
Leb. Br.
Navy Vard 6b, reg.
do
92W
100
Ist m. Leb. Br. Ex.,7s,'80-S5.t
Perklomen 1st m.83.coup.,'j;
68, 'il3...t
do
Lou. In.
iOi">i
Phlla. A Eric Ist m. 6s, cp.,'8i 101
".>8
7s,
Istm.
lOlH
102
Consol.
2d in.78.cp.."SS
98 100
do
loa^i .letTeraon Mad. & Ind
Phlla. A Read. Ist m. 63, '43- '41. 103
40'
Louisville* Nashville
'48.49.
do
do
101
Louisville Water 6a, Co. 1907
f
2d m., 78, p..'93
do
do
deben.. cp., '93" 38
ST. I.OUIS.
do
cp. cff..
do
t 101«
scrip, 18S2.
St. Louis 68, long
do
104 », 105)4
water 6s, gold
do
Tn.m.78, cp,18ft6
do
do new t 1 1141.4 105)4
do
do
do cons. m. "8, cp..t9i!..
bridge appr.,g. 6s t'1114
105
ds
do cons. m. 7b, rg..l9:i.. 100 100)4
11.4
renewal, gold, 63
105
do
do CO 8.m.6s,g.l.l9ll....
sewer, g. 68, '9 -2-3, 104
108
ao
do COnv.78.rg.Acp.l893'
101
103
do
7b, coup, off, '93
St. Loula Co. new park, g.6.<
cur. 78
do
do scrip, 18S2
40
50
St.L.&SauF. Uli.bds, sor's
Phlla.Ai:piia.C.AI.dcb.78.i.2
do
do
22« -.8
do
do deb. 78. coup, off
do
20
do
do
22)4
Uo scrip, 1882
3dm.
68, 'i7..
'w3
.
.
.
.
mw
,
ma
'
mm
'
128
* In
defanlt of Interest.
t
And Interest.
I
..
. .
ApniL
.. ...
.
,.
.
1.
. .... ..
.
THE CHRONICLE.
1878. J
13,
.
.
363
NEW
QUOTATIONS OF STOCKS AND BONDS IN
Bond* and
8.
JT.
Railroad Stoekt art ijxioUi on a prtviout page.
aetitt
YORK.
Price* repreient the per cent talue. whatever
par may
tJie
be.
STATB BONDS.
Bid. Aak.
ftlOOBlTin.
Bid. A>k,
•BOVU^US^
do
do
do
ao
do
8..1S98
6a. 1888
Ala. A Ob.
8a of 13%
8a,
K "i
7i.Peutt«nll«ry
20
90
'7
ArkllD"U 0a, fnilclrrl.
do >. I. t:
V
7
eeorgia
Arlc.Ucul.
lUC.
Mlaaoarl
I07H
do
gold bonda... IDDJ
coupon, l»J».
101
7b,
Illlnola ta,
.
101
78M
leaortfl
do
1386
do
18'<7
do
1888.
do
1389 or '%>.
do
or Un.,due 1894
108
lOSM 104
104
...
. .
Keatnckjla
do
105
106
loa
FOQdlDS, due 18M-e.
Han. 6kBt. Joa.,dael886
do IW7..
do
'if
I04^
loix
A.
103
Land C,
do
do
•••
*'*
•
1389, J. ft
J
43
.
4!l
7«of 1888
Non-fundable bonda
50
8
aw
Claast
ClaaaS
Olili6a.l8«1
new bonda,
6a,
6«,
do
105H
ainall.
!";
27
S4
84
70
1866
1861
do
do
W<
is
•e,conBol. bonda
6s, ex maturc<[ coup
6b, conBol., Ijd serlea
<s, deferred bonds
Dlitrlct of ColumblaS-eur, '9«4
8**
1
30
;....
do
6a,nQV
do
6a, new s«r1ea
Vrglnlaet.old
70
so
*0
Special tax, Class
108)v
<
118
40
Fundloar act, 1866
.
do
A. ft
N.C. KU
J.* J
do
.. ..A.*0
do conn, off, J. ft J
do do oir.A.ftO
Fandlngact, 1866
1868
do
ioiH
""
•
Jaa.ftJuly
AprllftOct
.
«a,old..l.ft.f
74Ji
103
101
la, :S7S-7t
6a, 1883
7a, 1890
6a, duo 1878
do
do
do
do
do
Aaylum
iim
100
108
(>
«6
8a,of lilO
7a,oonaolld*t«d
do
do
7
Mi-
do coup..!887
do loan. ..1883
IMI
do do
I8«7
do do
do do .1898
N orth Carolina—
•i,
ta,
it
la,
<a,
DA
se
B6
do
do 1913
88,
(M,
Michigan
7
7a,!.
7a,
7a,
do
do
do
do
Att.
Bid.
Ohlo6a,:886
Raod« Ialaod6«
a^nth Carolina 6f
<a,(a!!l,rGg....l8S:
fie
8a»r«K:KK..
dS
do
do
do
do
do
new noatV debt, 58
ft.
aKvama*.
Bid. Aak.
Slalo»a,U*oal Loan, 1878
M
IW.'I88«
laODBITIB*.
Now Tork
la
***•
S^
30
4k
im
5
....
..
74
refflsfered
RAILROAD AND IfllSCELLANEOVS STOCKS AND BONDS.
Hallroad StocH*.
Erie
{AcUvtpreri'nxty quot'd.)
ft Sus.juehunna.
Burl. C. Hap. A: Noribern.
Central Pacific
Albany
30
72)4
DO
CleTB. Col. cm.* 1
Cleve. ft IMttsbufif, guar..
Col. Cblc. ft 1 Cent
Dubuque ft Slouz City.
Krie pref
Han.
74
100
90«
Benaaelaer ft Saratoga
Rome Wa'.ertown ft Otf.
8t. Louis Alton ft T. U ...
.
do
do
pref.
BelleTll'.eft So. IlL.pref
M
SU
ft Southern...
8t. L. 1.
Bt. L. K. C. ft North 'n.prel
Terr« Haute
Ind'polla
J. R. ft cr
unnedN.
ft
8H
do
Bnr.C.
ft
Uhlc
m..
1SJ«
m.
exconr
2S5<
28
6s, 1st
8S>«
2()M
Cblcago ft Alton Ist mort. v'i
do
Income.
JoUet ft Chicago, 1st m.
'^
La. ft Mo., Ist m., guar..
Bt.L.Jack.ft Chic. ,1st ni 103
Cblc. Bur .ft Q. S p.c.lstm
" 113H
consol. m.
do
llOX
do
5s s. f
81)J4
Chtc„Kk.Isl ft Pac.8.F. Inc. 68, '95
6s, 19:7,
coupon
68,191",
rcglsfd
Central of N.
do
do
Lehigh
do
do
Am. Dock
107«
J., 1st m.,
I10!«
iBt consol
ft
conv
10r*)»
IU»X
68!4
85)5
39
43
Imp. bonds
Ch.Mll.ftSt.P.latm.'ia.P.D
117K ll»)«
do
iAm.' 310, do 104
104)4
do
do
do
do
do
do
do
do
do
Cblc.
ft
do
do
do
do
do
do
1st 7s,
(g
,K.1J
Ist 7s li
lBtm.,I.ftM.[)
latm., 1. ft D.
K7
latm.,H. ftU.
Ittm., C. ftM.
»8>4
2dm
exi'n bds..
mort..
cp.gld.bds.
reg. do
m.
Ss
Galena
i
0^ WX
^7^i
97
:u9
108
105
108
Ot
ft Chicago Kit..
Peninsula lat m.,conv.
Chic, ft Mllw., 1st mort.
Winona ft Bt. P., 1st m.,
***
«d mort. 81
82«;
.. „ .,
C.C.C.ft Ind's 1st m.7B,S.K 108)4 110)4
do
consol.
Del. Lack,
m.bdi
West.,'M
do
7s. conv.
Byr. BIngh. ft N.Y. 1(1,78
Morris ft Kaaex, lat. m..
do
Sd mort.
do
bonds, ISOL
do
do
,.
,
. ,.<lo
ft
construci'n
7s, of 1871
l8t con. guar.
Uel.AHud.Canal,
Rena. ft Saratoga. 1st cp
181 re<
_ . . . "lo
Brie,
lat mort., extended
do
do
endorsed..
do 3d mort., 7s, ijJld
id
do
tm
103)»
104H
100
ICO
119
104
6a, 1888
20
mi
108H
loajt
103
105
119
118X
iBt
mort.
coup.
78. reg
Ts,
iV2)S
.
ft
N. Y. Air Line. Ist
UIv., land m. 78.
Mo.
ft
78. 1S83
.'.'
no
2dm.
68,
ft
Warsaw
8s
Chic,
Chic,
ft
ft
Can. South istm. g. 7b
Easl. 111. Ist mort", 6s
do
.2dm.
Inc. 7s.
100)^
IOO
109)s 110)^
100)^ 110)4
67),
15
17
Mac
aeon bonds. 78
Memphis bondi C
.
.
Pac 7s, g.,ext.M&.V.'99
T. H., 1st mort .. . no
2d mort., pref..
2d mort. Income t67
110
."fl
Creat Western,
Ist
m.,
1888..
do
ex coupon., ioo
82
do
3d mort., "90
do Ex A Nov..'r7,coui>. 71
Quincy ft Toledo, Ist m.. '90.. 8(1
do ex mat. ft Nov.,'n,cou 78
Iowa, Ist mon
ex coupon
Cent. Missouri, Istm
'"^
72
77
Hnn. ft
Pekin LInc'ln
Western Union
do
ft l)ec't'r,l8t
m
Tel., 1900,cp, t
reg.,
do
83
87
lOBX
U08
Nashville
do
New
OITIES.
do
do
do
:e:!
78, sewerage
t
7a, water
t
"a, river Improvem't t
tlOl
Cleveland
1CS)«
Delrnit
*
7'*,
long
Water Works
f rice uuwlual.
*
7a....
.
.t
SoulbSfde.L.
96
latm. bond'.
aink. fund..
7a, guar.
South, Cent, of N. Y.
103
100
lOB
110
t
* Newark 7a.
1.,
do
101
gnai
Southern Minn.
do
And
1st
mort.
8a...
55
90
63
88
82
82 e
70
75
m
S8
•ii
%
30
S5
72)4
1st 7s. g.
t
68
7s,
78,
'2^«
old
60
60
new
6s,
8s,
gold 1 coup
gold! on.
fe'
ft
ft Little Rock Ist m.
Mississippi Central Ist
78 ..
do
2d m. 5a ..
do
3d ex coupon"
102
17)4
18)4
90
40
40
106
78
DO
100
50
1C9
97
70
80
43
fe"
ee
as
8
40
33
99
95
108
97
81
84
Miss.* Tenn. 1st mart. 8s, "A" 1012)4 106
do
do
81
88, "B"!
Mont, ft Eufanla 1st Ss, g., end 25
86
MobUe ft Ohio sterling te
46
do
do ex cert. 6t
10
108
IOO
.>Ia8hvllle
97
7a....
Nashville* Decatur, 1st 78.... 97
Norfolk * Petersborg lat m.Ba 100
do
do iB as
48)i
14
3dm. St
do
UO
108X
W
104
Northeastern, 8. C, 1st m. Sa.
do
3d in. 8a.
86
Orange * Alexandria, lets, is 90
2d8,6a..
do
70)4
3ds,8s.
30
do
4ths,8s.
16
do
RIchm'd * Peterab'g lat ra. 7a. 104
80
Rich. Fre'ksb'g ft Poto. 6a..
do mort. 7> 96)4
do
Rich, ft Danv. lat conaol. 6a..
71H
Southwest RR. f)a ,conv78,'86 100
. .
jouihwestern, Ga., stock
>. Carolina RU. 1st m. 7a
86
80
do
78, non mort.
do
savannah ft Char, lat M. 7a.
m.
90
80
78,1903
.
SO
Charleaton ft Savan'h 6a, end 80
West Alabama 'id m. 8s, guar. 108
istm.sa
10*
do
75
98
PAST DPE OOOPON*.
'^
41
el«
Chat.* Bt.L.
45
7
Laal aaia price.
m
8a, Interest....
do
do
3d mort. 8a....
N. Orleana ft JackB. Ist m.8a
Certificate, 3d mortg. 8a....
103
91)v
SO
78
20
84
end.Savan'h.
Memphis
30
87)4
07
7s. Ist
Tol. Can. So. ft Pet
accruad utetoat.
TO
XS
94
97
100
.
.
2d,
.
railroad, 68..
Carolina Central Ist ra. 6a, g.
34
Central Georgia consol. m. 7s. 103
do
55
stock
Charlotte Col. ft A. Ist M.7a.. 70
Cliuraw ft Darlington 8a.
10S
Kast Tenn. ft Georgia 68
80
Kast Tenn. ft Va. 68 end. Tenn 85
99
E. Tenn. Va. ft Ga. I8t m. 78..
40
do
do
stock
107
Georgia RR. 78
94
Cs
do
63
do
stock
Greenville ft Col. 7s, Ist mort.
37
do
78. guar....
.MacoB ft Augoata bo Jda
do
2d endorsed. 88
do
stock
Memphis* Cliarleston l8t78.. 95
do
2d 7b... 80
e
do
stock.
do
do
do
SandsskT Mans.
103
109
consol. 6s...
wharf lmp'ts,7-3t
do
S5
47
96
7)4
4
44)i
10
new
RAILROABS.
51)
94
30
old
Chatt. 1st m. Sa, end
do Kec'ver's Ceri'sCvarJJos)
Atlantic* Gulf, consol
90
i-W)«
68,
68,
do
85
101
,
Orleona prem.Ss
do
do
do
Ala.
34
15
15
RR
do 8b (couns.on).
do
68, iunde(i
Montgomery, new 5a
do
new 3a
Wllm'ton, N.C.,
class B
23)v
'ii
class ('. ...
St. L.*8o'easl . cons.7s,gold ,'91 25
35
:o5
St. Lottia Vandalla ft T. U. Ist. 101
(.Urotern' tjuoiuUoru.)
Albany, N. V., 6s, long,
BnfTalo Water, long ..,
Chicago 6b, long dates
100
B
ft
end., .M. ft C.
MoblleftB (coups, on)
Richmond
''2
N.J. Midland Ist 7s, gold
25
-1. y. Elevated 1!R., Istm
81
90
S. y. ft Osw. Mid. l«t
8
4
34
do recelv's ctfs.dabor) 27
do
35
do
20
(other
North.Pac. Ist m.gl*. 73-10.. 20
22)4
Omaha* Southwestern RR.8» 105)4 108
Oswego ft Rome 78, guar .... bO
95
40
Peoria PekIn ft I. Ist mort
'ao
Pullman Palace Car Co. stock. 75X 76
93
do
bds., 88, 4th series VO
St. L. * I. Mt. (Ark. Br.) 78, g. 86
aa
St. L. ft Ban F., 2d m., clasis A. 45
do
do
nil«ceIIaaeon« List,
sex
83
75
22
88
A
bonds
Savennah
do
100
Kansas
gr.
'
do
do
Norfolk 68
Petersburg 68
do
8a
88
98
98
8s,
do ;s, g., l'dgr.,J&J,'80
do 78, g., do MftS.-SS
do 68,gold, J,ftD., 18S6
do 68, do F.& A„ 1895.
Belleville ft B. lU.li. ist in. 8c
do 7b, Leaven, br,, '96..
Tol. Peoria ft Warsaw, E. D..
do Incomes, No. li
do
do
W. D.
do
do
No. 16
do
do Bur. DIv
do
Stock
do
do 2d mort.
Keokuk ft Des .Moines 1st 7s.
do
do C0D80l.7i
do
funded Int. it
ToL ft Wabash, Ist m. extend
Long Island RR. ,1st mort. ..
do
101«
ex coupon.
Loniav. ft Nashv. cons. m. 78.
do
Istm.st.L. dIv 88)4 90
do
2dm.. 78, g..
do
ex.matured coup. 74« 7454
Michigan Air Line 88, 1890... .<
t<9
do
mort.
MontclalrftO. L.lstTs
do Ex* Nov. ,'77, coup. 74
do 2d m. Vs
do
S
eoiilp'l bonds.
.Mo. K.ft Tex. Ist 78, g., I90t-'06
56
do
55
C(m. convert...
'lo
2il m. Income.,,
40
do Kx. Aug.,'78,ft prer'a 42
ft
do
do
88
115
tllS
Uil
{'harleston stock 68
Charleston. S. C, 7s, F. L. bds.
lllj
SO
G. R.
ft
92M
103
96
108
100
90
85
79
70
«e
86
40
40
40
20
30
8s
'
10 IK 102)4
Kalamazoo ft South H. 88, gr.. t60
Kansas City ft Cameron I0»... tu8
Kal. Allegan,
.
101
110)4 r.i
111)4 118
103)4 10«<
Columbus, Ga,,is, bonds
Lynchburg 68..
ma
do
88
33
.
.
4S
78
45
89
101
waterworks
Augusta. Ga., 7s, bonds
Chio 4 Mien. L. 8h. Ist Hs, '89.
Chic, ft B'thwestern 7b, guar.
I'i
Cln. Lafayette ft Chic, If*t in
75
Col. ft Hock V. iBt 7b, so years, 101)4 103)4
do
Ist 7b, lu years.
99
do
2d 78, '.W years.. 91
.
71
43X
100
6s, 1878-'89
Carolina con. Ss (good nos.)
.,'.... .M.ftSt
<b, 1892
7s, gold, 1893-1910. J.ftJt
7s, gold. 1904... J.ftJ...t
108, pension, 1894.. J.ftJt
do
do
105)4
3H,
44
Atlanta.Ga., 78
70
95
80
103
51
14
175
93
70
Class A
Class B
Class c
OITIES.
112
92
77
88
62
do
do
do
do
30
g.
do
Georgia
Texas
''-Oh 111
.
Alabama new consols,
do
do
S.
\<mi
.
.
STATES.
107
.t
California Pac. RR.. 7b, gold
do
ilifokerii' QufttaUotis.)
111)4
112)4
n.
.
60
Southern Securities.
105
103
do
convert 8s. var, her. 110
Cairo* Fulton, 1st 7b, gold... OA
.
lUlnotfl ft So.
i»t in. ,•8;
do
do 189;
do
conp. Is, 1S9I
do
reg. ;s, 1891
Albany ft Sasq. 1st bds
do
.d do
do
3d <1o
-to ut cons. inm>
do
Bur.
6s,g
107)4
m
12IH 121K
Connecticut Valley 78
60
do
do
12m,
22
103^ 01)4 Connecticut Western Ist 78...
North Missouri, 1st mort
Oblo ft Mlas., consol. sink. fd. 9SJj »i»4 Dan. Urb. ill. ft P. Ist m. 78, g 21
Denver
I'ac,
let
m.78,
M.gr.,g. 40
consolidated
98)4
do
Denver & HIo Grande 78, gold.
702
do
3d do
De8 Moines ft Ft. Dodge Ist 7s. io"
1st Spring, div..
do
Detroit* Bay City 88, end .."+ 70
Paclflc RailroadsErie
& Pltuburgh let 78
9R
I053<
Central Pacific gold bonds.
do
con. m., 7b.. 80
8«
do San Joaquin branch
do
78, equip,,
87
do Cal. ft Oregon 1st
Bvansvllle
*
Crawfordav.,
101
7».
do St'ite Aid bonds
KvansvlUe Hen. & Naehv. 7s.
40
do Land Grant bonds..
Bvansvllle, T. H. * Chic 78. g. •;5
Western PacIIIc bonds... ^ t03M
."llntftPere M. 8t, Land grant. •so
02
Southern Pau. of Cal., Ist m. 91
Fort
W.,
'89
Jackson
& Sag. 8s,
42
Union PaclQc, ist mort. b'dp 105)4 IU544
Grand li.ft Ind. let 78, l.g., gu.
Lund grants, 7s. 102
do
do
Jst'.s, 1. g., notgu.
77
do
Sinking fund... »3« 04
do
iBteil.g.tS45
Pacific R. of Mo., 1st mort.. 101)4 101?^
ttrand River Valley ?b, 1st m'.
94
93
do
2d mort
Houston ft Gt. North. 1st 78, g. 50
do
Income, 7s.
Uous. ft Texas C. Ist 7s, gold.
f»)4
do
istCaron'tB
do
West.dlv
SO
77
South Pa-. BB. of Mo.,lst m.
7754
do
Waco
79
fcnn. RK—
do
consol. bds.. 68
120
119
Pitts. Ft. W. ft Chic, Istm.
Indianapolis
ft
St.
Louis
Ist
85
7s
do
do
2d m. 112
Indlanap. ft Vlncen. I8t7s, gr.. 76
do
do
3d m. 104
InternattonaU Texas) Ist g
Cleve. ft puts., oonsol.. sJ, no
Int.
H.ftG.
N.
conv.
88..."....
in.),
uo
4lh mort
Iowa Falls ft Sluux C. Ist 7s. 82
Col. Cblc. ft Ind. C, 1st raort
Jackson Lans. ft Sag. Ss.lst m r\n
9
do
do
2d mort
Alton
N. West. sink, fd}
Int. bonds.
consol. bde 101^
Ist
consol. 7b
88
^08
Grand Trunk
=2
Chicago*; Iowa R. 3a..._,^^
Watert'n ft Og., con. Isl 3<1M
St. L. ft Iron Mountain, Ist m. 10394
107W
Be
do
do
9«g St. L. Alton ft T. H.— 2d m.
:o5X
consol.slnk.fd
Iowa Midland.
do
Union ft Logansport 78
Union Pacinc, So, branch,
West Wisconsin 7s, gold
8-*
107
1908+ 1C8
+ 104
Illlnofs
Rome
do
Istm., LaC.I). 107
1st
lstm.8s. 882, s.f.
'equipment bonds.
Jersey Southern Istm. 7b
to
to
104
1(«
.
W. B. con.guat
ft
Boston
Quincy
do
do
Harlem,
Pricetf.)
f
t
HAILROADS.
Atchlion * P, Peiik, 6*. gold..
.
KrIe, 1st
<io
ft
do
6a, 1887
do
68, real estate,,
6b, subscription
do
do ft Hudson, lat m.,coup
do
do
Istm., reg..
Hudson R. 78, 2d m., s.f., 1685
pref,
guar. ...
North., Isi Ss.
K ft
Ctaesa.
new bonds
N. Y. Central
Kallroad Koiida.
ft
no
lllH
do
do
Ontario Silver Mining
Kzrharnje
Tol. sinking fund.
nOK
78
Canada Southern, 1st m. coup.
Central PaclHc, "B, conv
Cons, reg., Ist.. iOS)4 lOJH Central of Iowa Ist m. 7b, gold.
do
Keokuk & St. Paul Sa
Cons, coup., 2d. {99
do
do
Cons, reg., 2d.... «8X 08)( Carthage ft Bur. 8s
OIxou Peoria ft Han. 88.
Marietta & Cln. Ist mort
O. O. ft Fox li. Valley 8a
Mich. Cent., consol. 7s, 1902
y<m
New
.
(iSloc*
ft
p.c.
tl07
Ash., old bd; 103
new bds 107
Bttirale ft Erie, new bonds..
!07)s
103
Buffalo ft State Line 7s
Kalamazoo ft w. Pigeon, Ist tS8
Det. Mon. ft Tol.Jst 7b, 1906 108
Lake Shore DIv. bonds
108)t
111
Cons. coup.. Ist
do
120H
AJn. District TelcKrapb.
Canton Co., llaUImore
Cent.N. J. Laud ft Im. Co. 14
American Coal
Oonsolldst'n Coal of Md.
24m
Cumberland Coal ft Iron.
liaryUnd Coal
PennsylTonla Coal
140
Spring Mountain Coal...
Mariposa L. ft M. Co
do
do
^6
18
Minn., lat mort..
ft W., Ist mort..
do
2d mort..
ft
.
.
niaeel'ons Stocks.
Atlanllcft Fa. Tel
Boalon U.
Poughkeepsle Water
Uochcster C. Water bds.,
Toledo 88. 1889- "M
Toledo ".308. ..
Yonkers Water, due 1903
108
2d diT. 105
do
da
W.ft£bMguar..
do
epeclal.
^
do
Cedar F.
Cleve. P'TllIe
Obloft MI'^tBS'ppl.pref
do
Indianapolis 7-SOa
Oswego
do
Mlaaourl Kanaas ft Texas
New York Elevated Kit..
N. T. New Haven ft Hart. 168>4
t
t
1885-98
various
99
;
t
10.x Long Ifiland City
Newark City 78 long
t 107),!
88M
do
Water 4S, long... 112 Tie
Central—
Cleve.
Island
6s,
Dubuque ft Slonx CUy,l8t m.
do
14«4 Lake ShoreMich 8. ft N.Tnd., S.F.,7
Barkm
do
Hartford
[ndlanap. B1.
JoUetft Chicago
Blliabeih city, ISXO-W
1IIS!)«
lOOMi
bds..
conv. mort.
ft St. .To., Ss,
Illinois
2»)t
.
Fltta. Ft.
......
Is, 1H1U.
Bull. N. Y. ft K, I8t.m.,19l6..
Cblcasoft Alton
pref
do
Long
mort.,
4tlj
do Sth do 7b, 1888
do 7s, conB., mort.,g*d
do Long Dock bonds
75M
.
i
I
;
Tennessee State coupooa
South Carolina conaol
Virginia coupons.
do
conaol. couff
80
8)
30
»
30
80
lOS
106
1
,
,.
—
H
33
I5
4
4
'
'
)
.
THE CHRONICLE.
364
NEW YORK LOCAL
Bank
XXVI.
[Voi-.
SECUKITIES.
Insurance .Stock
Stock List.
fQnotations by K. S. lUtLBY.
List.
t>roScer. 15
W*ll
^trn^ir.
Dividends.
GOUPANIBS.
Prtoh.
1
Marked thua
(*;
are not National.
America*
American Exch
:l
Amoont
..
Period
Nov
.J.& J,
Jan.
I
&J.
M.« S.
Jan"2','"'J3.'.'3
)t.l '75. .5
Cbaee
Chemical
VI
Oontlnetital
Corn KxclianKe*..
l,^^ooo(
City
Commerce
Commercial*
37,',0l'
«.9u(
154,201
ISl.sOl
r5».',!l
8,00(
2:5,3011
Q-J.
677,100
31 200
16,'00
28,000
000,10
lastoo
12,800
soo.w
,760 -.00
IrvihK
500,00(
Island Olt;*
Leathe.' \ianuf
100,0.
116
S.\OC
808., 00
9 -'.-00
1.«.300
V 000
2,000,000
500,001
600,000
1,000.000
S.OOO.OCO
Metropolis*...,
Metropolitan..,
BTassau"
ian.
I.&
9. "S..I
Julyl.'75.,3H
.Jan. 3, '76.,,
Jan.
May
Nov.I.T; 3h
,luly 2,'77..,3
.1.* J.
Ja(i.3,'7».3X
J.&
J,
Jan. 7, '78,
A.&
O.
M.&N,
l.TS. .4
NoT.10,-i7..3
J
Jau.2,
&
,
21 ..vm
J.&
Ian.
Fe .
J!
i9.20(.
-,5.900
.).& J.
Jan. 2. '77.. 3
July 5, '77 ..Julyl,'74.3H
162,1-10
.I.&.J.
210.900
Q-F,
.l«n.3.'7S...5
Feb, l,7s.2>i
J
.jan, 2,'76...H
J.&.J.
*
.1 .
147,300 .!.& J.
Pheulx
Produce*
l.OOO.OtH
Republic
Nicholas
1, 500,00c
U9,700
J.&
Jan.
Jan.
J.
•iOCOWl
8t.
800,000
300,000
.
Second
Shoe and Leather.
1,000,00(1
Sixth
State olS.y
Third
1,000.000
44, -00 .J. ft
20(l,00('
Tradesmen's
Union
West Bide*
J
J.&
1,000,001
S'OOOO
1,200,(X)0
200.00C'
f9;,200 M.&N,
77,i00 J. ft J
Gas and City Railroad
Jersey City
•25
J,
var
3Uii,000
50
100
var
lOOO
\w
laio
2»
scrip
var
Ml
People's (Brooklyn)
do
do
Central of
m
10
bond?
certificates,.
Kew York
,M
Williamsburg
do
scrip
Metropolitan. Brooklyn
Mnnlclpal
ro
40
m
Emporium
100
—
30
b('
I'l
10
10
lUI
lOo
100
466,000
1,000,000
10.
1,U0(',( 0(
1(0
l,5f0,0
Lamar.,
50
IKI
'.
.5(1
25
&
Builders'
2;i
National
N. Y. Equitable...
New Vork Fire ..
N. y. & Boston ..
City...
Peter Cooper.
People's
Pbenlx (B'klvn)
St.
1,
95
1(10
1,'
H:,
95
160
170
J
131
Standard,
KHi
102
11)0
103
SO
102
Jan.,
78
.J*an.,
'77,
F.&
Feb.
-.5
SO
95
115
J5
l;8
911
A.
Quar.
l,'7i'.
Jan.,
•78.
Jan., ';b.
NOV20,'77
J,
M.ftN
all
'i03
J.^ft J,
K.&A
Over
r.19
I.'77.
BieecKer St. A Fultonl-erry—^xx.
iBt
mortgage
Btoadway
dc
SeveHifiADe—aDa..
mortgage
Btookli/n City— stock
Ist mortgage
Broadioay (Bro#A:ii/rt)— stock...
Brooklyn <ft Hunler'tt P(— stock.
Ist mortgage bonds
Mushwick Av. (/;*A:?yn)— stock.
Ist
it A". Hiver—Bik.
ConsolldAtcd moi'tgage bon s
Dry Dock, E. B. <t Baitery—iitk
Ist mort^ragH, cona'd
Bighth Avenue— Bloi--^
100
(000
100
1000
;o
IWiO
100
75
75
1.3
97
69
95
\m
35
96 K
84
83
1CS
100
72
lUO
mortgage
Ud8t. tk Grand St /wry-etock
Ist mortgage
Central CYoufi town- Block. ...
Istmortpage
,
Movstoji, West st.<tJ^v.F^i/—»tk
mortgage
Second Aven wfl— stock
iBt
3d mortgaee....
C<(ns. Convertl
ExteiiBlon
Sixth Ave7i,it^ stock..
lat
mortgage
Hard
Avf.nae—BUiclL
Ut mortgage
Ttrenly-ihira Htreet—^xovkc
Ihl trTtt"-(»*-
•
.
i>lc
,
1,500,000
2,000,000
300,000
M.&N
•200,0(!0
Q,~I.
40O,(«)U
A.&O.
1000
Apr.,
J..S; J.
1,800,000 J. ft J.
8
Jan.,
100
Ac
900.000
i.O(X),ooo
10^'
203,000
748,000
236,000
60O,0(XI
'200,000
J.ftU,
Q-F.
J.ftD
J.4 ,1,
J.&J.
M.&N.
;'
7
6
18SS
i«)
Feb
Ju e,
New
1115
7
NovV.isoi
911
'77
2
7
.T(iiy,ffl94
.Jan.. '.8
April,
'cS
May, UH
2l.«,000
A.ftO,
7
Oi-t.,
750,00(
M.&N.
J.&J.
Q-F.
J.&J.
J & J
5
Mny, ';-.
JuIy,H90
i:(ni,!ioi'
•,J5o.r(if
100
115
M.&N,
;
5
4
Feb
,
Mny.
2.
II
150.01 '0
5t
Th
55 In 1:76
and 1235
do
do
•:8
KXI
93
'93
1(«1
100
lUS
This column shows last dividend on sticks, but the date of inaturlty of
bonds.
IBS 1-1911
1681-1'JOO
1907-11
1S7S-98
1877-95
1901
1893
1878
1894-97
1889
1879-90
1901
1833
1879-82
1896
(^o
do
Feb. May, Aug. & Nov,
,
May & Novcnber.
do
do
do
do
do
do
do
do
do
January
do
V.
I.
do
ft
July,
do
18;ll
tKKKh..Jr.. Kr.iKer. is
January
do
do
do
do
do
do
..
&
-•rill 81.
July,
18:8-30
1S8I-95
191;Vii
1903
1915
do
do
do
do
100
100
U2
!U3
1(4
1;2
106
1.01
ICO
lis
106
100
117
101
iOi
do
do
I
102
103
108
118
116
Its
Its
lOT
117
lOS
101
113
lOS
lis
1C3
102 X
,0»
1112
105
P'S
106
1(19
Itil
1C4
::3
119
:i9
lOl**
101
no
'lo
January A July.
do
do
101
109
101
1
May A Noromber.
do
0-55
19-Ji
119
109
11.7
U5
103
11 '2
IV
1118
H«X
307-I?l'J
flat.
Jersey Viiy—
'-o'
1115
1878-30
1878-79
1890
1883-90
May & November.
[Quotations by C. Zabriwkib.
no
Nov
.10
do
do
do
May ft November.
Feb., May Aug.ft Nov.
County
•All HruoKlyn bondn
.V,lg.&
do
do
do
do
.
ly
May
.,
Croton AQned'ctstock.1865.
pipes and mains...
do
reservoir bonds
io
Central Pai bonds. 1853-57.
..1853-65.
no
do
1870.
Dock bonds
1-75.
-do
1860.
Floating debt stock
1865-68.
Market stock
1869
lra:>r5Vemeut stock
1869.
CO
do
var.
ConsoIlJated bonds
var.
Street imp. stocki
do
var.
do
New Consolidated
do
S3
6U
95
90
surplna
in 1371;
in 18;:.
York:
Brl.iRebonda
Water loan
City Donas
Kings Co. bonds
'83
Ian,. IS73
July,ui»(
25
25
Water loan bonds
13
7
200,axi
200,000
2OO,00C
200,001
150,000
25O,00C
300.001
H^UULMllOliri
50
A.ftO.
2(XI,00(J
51
1811-63.
Water stock
m54-57.
do
Crolon -svaterstock.. 1845-51.
do
..1S52-60.
do
do
Ji.&N.
'
'25
hrooiciun Local Liupi'em'L—
Cltv Bonds
'93
'78
'.S4
200,000
200,000
200,000
(— ) shows deficiencies.
€ltr Securltioit.
[Quotations by Da wikl A. Mo»an. Broker, 40 Wall Street.]
iNCKBKsr.
fHlCS
Bondsdue.
Uate
Months i'ayable.
Bid. Askd
11
Wfstchesiter
62)$
45
April. '83
M.&N.
1011
iw'
Ids
7
Q.-F.
2 000,000
75
1(14
5
199,500
150,000
415,000
1:0
A.ftO.
1,05C,'K1.
2'000,(IOO
IOC
Jan.,
Jan.,
ov,
J. ft J,
1,
l70
Deo.,I!'02
"
50(1,1100
,
911
76
2.io,i;oo
lOOO
100
1000
IIKO
'sO
'78
Oct
5»4l,' Oil
1,'iOO.OOO
l,-iOO,000
100
1000
100
1000
100
UIOO
lOU
500
100
1000
UKKl
500 &c
5(0
Nov.,
3
i
7
100
100
S
J.&J. 7 July,l!>(,0
Q-J. 2H Apr, ^78
J.ftD. 7 June,138l
Q-F. SK Feb., -78
8.J0,00(i
llKlO
Broadway.]
*
'.00
XJentral Pk, y.
Ist
900,000
694,000
2,ioo,oai
145
20O.IXX)
1(K)
Iliibililles, incl'adtng re-iosui-ance, capital and fcrlp.
t
by scrip is deductei. X Continental, 1 'l. In 1516 and 12*50
.»(
[Quotations by H. L. Grant, Broker,
200,000
800,000
UK
UK
6. -.i
6, '78
l.*(7,
1,000,000
20O,«XI
1(K
Stuyvesant
Tradesmen's
Hnited States
Westchester
WilllamshurgCltT.
Feb.
9'i
1,50,000
5(1
W
Feb,
71
5(1
in
Nicholas
refiresenied
^ow
200,000
200,000
150,000
UK
'200
Nov
3,50,000
2r.
25
Saleiruard
S5
Jan.l5,'7i
'25
Itutgers'
7,1
Var
5(1
200,000
200,000
SOO.IXW
5<:
Uldgewood
15,
M.ftN
210,0(X)
2(«),0(I0
10(,'
..
Kepubllc
Resolute
1,
Feb.
S
.15
100
KXI
Kelief
I,'!*
J,
200,000
200,000
2l«,000
200,000
200.000
2(1
Produce Exchange
vo
'
150,(XX)
50
50
50
50
KXI
Stanilard
Star
Sterling
n..
.50
IV
North Hlver
1
200,00(1
2,50.000
'200,000
100
Montauk (B'klyn)
.street.
160,0(X)
200.000
300,000
1110
,
NaRsau (B'klyn)..
New York
200,000
200,010
150,000
280,000
150,000
200,000
•i5
.-..
2, •78...
J
200,(XIO
Lorlllard
Jan.
1.'78
500.000
LonKlBland{Ukly.)
Park
Apr.
Jan.
Apr.
Feb.
1.50,01X1
50
50
UK
HO
20
Merchants'
s
'200,000
3,i'00,iXX)
.!5
10
Laiayette (B'klyn)
2, '78...
M.&N.
ft
Kings Co. (B'klyn)
Knickerbocker
Jan,
April I, '78
reb. :,'7^
var 1000,000 J.
200,000
150,000
500,000
2, '77.. .3
Qnar,
F.& A.
ft
50
50
KHI
Jan.
M.&S
M.&S
J.
Hanover
Paciilc
J. ft J,
J. ft J.
ft
100
15
NlaL'ara
F.&A.
J.
200,0(«)
Guardian
Hamilton
Mt-clianics'CBklju)
Mt^rcantile
2,-ii..
200,000
litl
Manui
91X
200,(XXI
Guararily
Manhattati
Mech.&Trad'rs'...
2, •78...
2, "78...
2(«.('(,0
200,000
1,000,000
500,000
50
50
25
Lenox
and Bonds.
Stockis
lOlC
2(1
Metropolitan
certificates
do
do
boi,di
Mutual, N. Y
do
bonds
Nassau, Brooklyn
do
do
'9
1,'77 ..4
.Ian. 2, '78..
A.ftO
Manhattan
do
93
lU9>i
Nov
320.000
1,850,000
386,000
4,000,000
2,f00,000
1.000.000
500,000
5,000,(00
1 000,000
1,000.000
7((0,tW
4,000,000
1,000,000
325.000
50
& Hoboken
Kew York
:o
3
.l*n.2.~,i..A
Var.
Var.
1000
50
,00
Feh.4.'7S ...3
Aug.l3,T;2J4
Jan.
2,000,000
1.200,000
'»
,00
Howard
Novl0,';7 3i<
Par AmoQUt. Period
Brooklyn Oas Light Co
Citizens' Gas Co (Bklyn)
do
9ertllicates
Barlem
Fire....
Continental
Kagle
.Ii'tTrrson
m"
300,000
2C0,0«)
200,000
158,000
300,000
210,000
250,000
300,000
200,000
200,000
1,000,000
300,000
200,000
200,000
200,010
200,000
201,000
150,000
150,000
I'l
Commercial
,'
2t«,000
200,000
70
00
30
Importers'&Trad..
Irving
'.30'
1, '7'i,.4
[Gas (jiiotations by George H. Preutiss. Broker, »l Hroail
Gas Coupanies.
'20
-
''j^?g-
'200,000
IK)
Hope
,lBn.l,'i8....
00 M.& N,
S.fOO J. ft. I,
17V,'
SOO.01'0
Citizens';
Hoffman
67'
July.lS'74.3>4
27Sf6o F.'&A,
IS^lOO F.&A.
54 (00 .J.& J,
61.100 .J. ft J.
2B 'iOO .J.& J.
1.000,0(«'
Beventh Ward...
2o
Home
13'2
'76 3>,
2, ".8..
J.
501 ..'00
2,000,000
..5
(let.
.)
195X
1. '77.2^4
J.'ov. I, '77 .3
Ian. 2. '78 3 -
J,
71000
Peoples*
•25
Globe
Greenwich
f.
'78.3K
J.&
lOO.OOl'
210,0CC
300,000
i,
.Ian. 2.'7s...l
J.
65:,-; 00
15O,0iX
..
Gebhard
German-American
2, •7,'(...6
Feb.
M.&N.
M &N.
1,000 ,00(
8..,'J0
Bowery
Hrewers'&MMst'rs
Broaiway
Brooklyn
Firemen's
Firemen's Fund
Firemen's Trust..,
Franklin
':8...3
2,
.M.4N,
3.0OO.U«
200,00(1
a(io,oM'
'200,000
20
50
Exc'>ftnge
Farratfut
.l'an!V,''7V.'.'.3
F.&A
4,110
59,S0O
34. .00
100
KmplreCity
230
221
270
1,
Jan.
2W,00(
Park
'78.. .S
.)»n 2, '7S.3S
.\Icb.l,'75..J
.Ian 2, •7'i...7
.TaQ.2, ':B...1
.J.& J
.J.& J.
J.*.l
86r>,ie
200,000
200,000
400.000
Gernirtula
J.&
Oriental*
Pacific*
Jan.
'^,
:iov.l,'77..3
1.4 J.
M.&S.
210,900
». T.Nat. Exch...
Ninth
North America*,.,
North Klvei*
l,'77.2>i
May 11, '77. .6
May 2, '77.. 6
.j'.'&'j,
-;6,a0(i
County
Oct.
'77...=
Apr.lO,'7ii,3H
I''eb.l.'74...8
M.&K.
i,uoo.oo(
500,001
a.uoo.ooi
Hill*..
.50
100
rommerce
'nv.'i, '78...
.J.* J.
i4.(.00 .I.&.J,
^0,700 .J.& J.
400.001
25
City
Clinton
7,'7S...4
Nov
8,lOi;
1,(IOO,OOC
.Merchants
Kew York
New York
,053, 00
1"'J,' II
Mercantile
Jan,
4 -.'00 .jVa J.
J.OSO.IM
Merchants' Ex.
Murray
4«
soo.oot
Manhattan*
Manul. & Merch*..
Marine
Market
Mechanics
Mech. Ukg Asso...
Mechanics & Trad.
.15
800
soo.an'
'lllO.Wil
1
''.8
•Jan 2. '78...
N. V. 1. '77..5
Amount.
Columbia
May,
May.
CO
51,
U'O.OOli
1
Mch.I,
Feb, l,-78...5
July 2, '77.. .3
.;uyl,-76 ..3
M.&N,
A.& O,
F.& A.
49,c(.iC
97H
.Taii!'6.''7«.'.'.:i
J.& J,
«-J.
J.&,J.
4611,-00
2IO,0(»
200,001
200.001
& Traders'
Import.
.J.& J.
814,900
'75C.00I
Grocers*
10
e
.!.& J.
.1. & J.
.('6f,(00
mo.m
Hanover
Harlem*
100
(3-F
1.15,901
500 00
3 500,00(
Germanla*
Greenwich'
Grand Central'....
Bl-m'Iy
,T.& J.
4\,60
Ainlty
Arctic
Atlantic
'an.' 2,' 78. ..3
I'ar
100
American
American Eich'e.
6
'77...J
.Jan. 2, -TS.Sv.
9
li.'i.'OC
2, '78..
y2,
.J.'* J.
J.& J.
F.&A.
11,^0.
52,(0(1
Gallatli
Ger. American*.,
Ger. lixchanKe*..
11
,5o2,90i
IliO.OW
100,(01
Fourth
Fulton
*i
88,3
,1
,MO,0OC
Fifth
Fifth Avenue"
First
I.&J.
551,400 .J.& J.
350,001
..
010
19
800,0«
61I0.000
1,000,001
S.OOO.OOI
110,00(1
1,250,001'
Citizens*
East Hlver
Eleventh Ward*
3i)i
,184
soo.oco
2,000,0(X
3)0,0«'
45U,0«'
Central
Mtna.
M.&N
i03
15U.UIU
Obatbam
Adriatic
i.-n.. 2
,45' ,2 10
l.OOO.l'OC
i!oe,o«'
Head*
Butchers ADrov..
2, •78. .1
,43i,7ai
5.000,OOC:
Brewei s' & Gro'a'*
Broadway
Jan.
J
S.OOO.OCf
Bowery
Ball's
J.&
1S76. 1S77
Watei loan, long
do
1869-71
1886-69.
Sewerage bonds
Assessment bonds... 1870-71.
Improvement bonds
1868-69.
Benren bonds
47
Montgomery
St..
January & July.
January A Juiy.
do
do
Jan., May, July A Nov.
J. & J. and J ft D.
.lannarv tind Jnlv.
Jensey City.]
1995
1899-1902
1877-79
101
102
1(8S
.09X
',(*)
(.1
1891
1903
1(7
!(.*'
Krt
1'8
109
l(«
US
:
Araa.
THE (JHKONICLE.
18, 1878.J
365
Kxirmrdinary Expm»u:
R«new«l ..f track
Inucstmcuts
3"*
Nsw
M«w
A.ND
STATK. CITY AND CORPORATION FINANCES.
$n«,171
tSWaM
ll.H-iB
W^"*
I7(M
'VW
I."''.','?,""
bolldlnrs
tools
and machinsry
710
3,015
ToUloxpensei
$4,»1s!M4
$4,5«),7»
BZCAPITDLATIOH.
H-jpi'i,BMKNT t» pa>)!i.-<hed on tbe tast Saturday
of each luoiitb. uuu furuinUnd to all r^-culftr BuliHcribers ol the
OifRosioi.K. Nil siiiKl" coplHH of the riui'l'liKMENX are gold at the
fhcf, HR only > -"iilii-ient nuiubBr ie ii^inted to supply reifulRr
siibHcrlhfrH. Oni- number of the Suppi.kmbnt, howevfir, is bound
up with Tns Financial Kbvibw (Auuual), aad can be parcbased
iu that g'lape.
Th» Invkstoub'
ANNUAL
Chicoffo
Mihrankce &
St.
Paul
Ihp annual report
we have the
RailvTa]-*
followinjf
:
entire coat of the whole prop.'riy, including equipment,
bridges, elevators, warehoases, catile yards and groundf, is as
The
•
MortgiffB bonds
I'ri'firrcd stoik
Comiuon atock
Total
t2!l,l)64,5''0
12,2:9,i»i
16,.04,'.61
$57,618,441
..'.
Le«9 cost of WfStern Union stock
Lsss coat of Odhkosli £ Mies. Kiver Railway bouds
Cost of
1,
4U
tl, 50(1,750
M3,<'0>
1,701,750
$8.iH,S91
4.9.^3.334
4,540,181
$'<,I00,!«47
$1,5;4,l(;0
snxxABr or orsRATioNs in
Xo. of miles run by passenger trains
of miles run by frolKht trains
tNo. of milts run by wood and gravel train!
%m,lH
$419,890
t473,>>13
1877.
1,878,801
8,10t38T
•.N'o.
3D8,8tS
4,*9B,M4
No. tons freight carried one mile
37J,598,'83
No. pa 8 ngers carried one mile
55,9-26,440
P.amlngft per mile rnn on frel;ht
l-gl
Enrnings per mile ran on passenger
1*29
Rxpenies per mile rnn, including all cxpenditores
roi
Per ceniage of expeusea to earnings, incladlug all expenditures... '56 p. cent.
-08 08-100
Amoani received per ton per mile
Amuuiit received per passenger per mile
'CH 21-100
Coat of malnt»lnlng track and bridges per mile rim
*S9 4'10
Cost of repairs of ensines per mile run
-fifi 4-I."i
-08 l-IO
Cost of engine ra and firemen per mi.e run
Cost of oil iind waste per mile run
01 4-10
-10 2-10
'26 110
Cost 01 fuel per mile run
Length of road December 31, 1877
1,41J miles
JGroBS earniiii.'-- per mile of road
$5,788 90
;Xel earnings per mile of road
8,547 7$
•Includes swliching.
tWood an g iivel trains are not included in the above p"r centages.
Jfn arriving at these resul's, the average number of miles in operation for
the entire year was u^ed, viz., 1,403 miles.
i
miles ($89,613 per mile)
*5;,S.r,4U4
The average
price per ton per mile received for freights for a
series of years past is as follows: For 1865, 4 11-100 cts.; 18GG,
1867. 3 04- 100 cts.; 1868. 3 49-100 cts.; 1869, 3 10
8 76100 c'B
100 cts.; If70. 2 83-100 cts.; 1871,3 .IllOO cts.; 1873. 3 43 100
cts.; Is73. 2 ."iO-lOO cts.; 1874, 2 38-100 cts.; 1875,3 10-100 ctg.;
1876, 2 04-100 CIS.; 1877, 2 08-100 cts.
eENERAL ACCOUNT, DECESBEB
BTATEJIENT OF INCOME ACOOCNT.
By balance Jannary I, ?877
To poKha^u r.f .Milwaakoo *
C(>mp>kny oiitatat
(liiij;
$1,483,645
Prairie du Chlen Railway
$1,038
frtock
diTideiid i)n pnfurnd atuck paid Octuber, lf77, oat of
the net .Hrninsis of 1S76 ...
sinking fin d of 1 per cent on cinsol dstnd Bit kin;;
fund bii.ila (lut-tandiiig Dec. :i^, 1!:76, paid out of the
To
429,600
netaaruiugsof
63,000—
l87(i
480,610
$917,001
By gross eaminga
$8,111,891
4,540,433
1877
Less operating expenses
pMdin
1877
Balance December
31, 1877
$56,886,888
We«tern I 'nion Railroad stock
$l,5i
Paul StUUvaier & Taylor's Falls Railroad stock
Midisin * PortHge Riilroad bonds
Oshkosh & ,M!-si9ii ppi River Railway bonds
Worlhln. ton & Siiiux Falls Iviilroad bonds
City of Hasiings honda
Stock of maiefial on band
U. S. G'lveNinient P.ist-Oflice Department
Balar.ce due fr^m ugeiits and other companies, "freight
0.7.")0
15,0.10— 1,515,750
8t.
U0.771
803,000
11,700
7,100
—
acCDunis"
104,72*2
Misce'lanedus accounts
Bi Is nceivable
264,^65
"lck> t
858,171
199,186
47,413
9,516—
Cashonhund
426,217
1,181,047
Total
$60,562,206
Cr.
3,574,460
8.162,159-1,112, :!01
•
Cost of road
and
To
31, 1877.
Dr.
;
Leas interest
Incrrnnc. Decrease.
1877
$8.0.'i4,171
Total No. of miles run
31, 1877.)
follows
.
Netcarnings
REPORTS.
{For the year ending December
From
IMH.
Gross earnings.
Toial expcnacs
$4,859,306
Capital stock, preferred
Capital stock, common
$1S.!79,4S3
15,404,ai)l-$27,683,T44
Total fanded debt
$-29,954,500
Incumbrances assumpd
Unpaid pay-rolls and vouchers
8.735
361,555
The bonded debt of the company hag been decreased during Du'- other railway corapauiee, *' freight and ticket accts."
33,9 16
the year |56,000, mainly by the operation of the sinking fund Miscellaneous accounts
1^8.985
18,3b4
provided for by the consolidated sinking fund mortgage. The Dividends unpaid
25,078
preferred and common stock have each been increased l|o,000. Coupon account
Income account
2,369,306—2,928,981
This was fur the purpose of retiring $10,000 of Milwaukee &
Total
$60,564,806
Prairie du Cbien llailway Company stock, which leaves only 75
shares of that stock oatBtaoding, and for which this company is
Western Union Railroad.
under an en^'agement to issue its own stock. Thete changes
produce a reduction of $46,000 in the combined stock and bond
{For the year ending Dfcember 31, 1877.)
account. During tbe year, the company has constructed about
The following is a comparative statement of earnings and exthirteen miles of road in Wisconsin, from New l.ixlion, on the La
penses in 1876 and 1877:
Crosse divUion, to the village of Nec^dali, on Yellow River, a
1876.
Earnings:
1877.
tributary of the Wisconsin, where several large saw-mills are From freight
$7rs,483
$767,925
located.
The entire cost to this company of constructing these From passengers
225093
214,174
44,338
48959
thirteen milfs has been only $4-3,013. During Ihe year,
loco- From mails, express, &c
motives, 3 passenger cars and 450 box, 100 stock, 13 caboose
$1,047,915
Total earnings
and 3 railway and post office cars have been added to tbe equip- Total expenses
799,369
ment of the road. At the close of the year 1876 the company
Netearnlnga
tS4e,545
t8M,C39
Lad 335 miles of steel rails. There have since been laid 77
BtlUKABT FOB 1877.
miles of new Bessemer steel rails and 47 miles of first quality
-
re-heated iron
The
rails.
gross earnings ol the
1879
And
company
for tbe first half of the year
were
lor the first ha'
f
$3,!)tO,fl7
8,9C8,153
of 1877 they were
Comparative decrease for tbe first half of 1877
last li Of of 18T6 the gross earnings were
All4for the like period of 1677 they were
$1,002,863
$l,063,i61
5,166,;40
For the
Comparative increase for
last half of 1877
$1,06.',(86
An
explanation of these fluctuations is to be found in tbe fact
that the wheat crop in the State* traversed by the roads of this
company was very deficient for 1876, while for the year 1877 it
was above an average.
A detailed sLiteiuent of the affairs and operations of the Western Union Kailroad Company for the year 1877 will be fouud
appendd to this report. This company owns a majority of the
stock of tbe Western Union Kailroad Company, but is in no way
holden to said company or responsible for its operation or affairs.
The following exhibit gives a comparative statement of the
earnings and operating expenses for the years 1876 and 1877:
lARNINSS.
From freii-ht....:
From pai-seiigers
From mails, express,
Total earnings
1876.
$5,:SS4.230
l,^9^ns8
etc.
....
770,^i
$8,0J4,171
1877.
$5,637,906
Increase.
$2i8,«73
$8,114 894
Decrease.
$U9,8$g
1,780, 61)
7l6,'(18
64,063
$bf,7*3
IZFBHSIS.
1877.
Ordinary expenses
$4,515,<)94
$4,10i,19O
Number of tons of freight carried one mile
Numberof passengers carried one mile
Amount received per ton per mile
Amount received per passenger per mile
44,628.685
6,164,509
Coat of maintoluiug track and bridges per mile run
Copt of repairs of ensrlnea
Ciat of enginrers and firemen
Cost of oil and waste
Cost of fuel
Length of road December 31. 1877
Gross earnings per mile of road
Netearnlnga per mile of road
'21 44-100
Miasonri Kansas
'01
72*100
'08 17-lCO
&
'08
85-100
"07 17-1(0
'01
20-lfO
'07 43-100 •22 16-100
212X miles
$4,818 00
1,532 60
Texas.
{For the year ending December 31, 1877.
The Union Trust Company of New York, trustee ander tha
mortgages, submits the report made by the General Manager of
the operation of the road under the agreement of March Ist,
1876 for the year ending December 31, 1877, showing a net
amount to the credit of income account of $952,311. During the
year 1877, there were remitted to the Trustee and realized ia
The total payments upon coupons called for
cash $863,601.
by the terms of the Agreement amounted lo $775,008 in gold,
These were all met at maturity,
cosiing in currency $809,677.
except the payment upon the August coupon, which was delayed
November 15.
The tolls uoon tbe Booaville Railroad bridge amounted to,
The interest upon the bridge bonds lia^ been
gross, $119,498.
until
regularly paid in full in gold, and the principal has been reduced
by the operation of the sinking fand.
during the year $1«,0
:
"
:
.
THE CHRONICLE.
366
bonds to that amount Laving been drawn and paid
off at par in
gold.
The report of tte general manager, Mr. William Bond, gives a
very complete exhibit of the operations of the company
COMPABATIYJB STATEMENT OF EAKNINQ3 AND EXPENSES.
:
Eamingg.
Per
From
"
"
"
"
ct
Earnings.
freight
passengers....
6827
2541
$2,196,432
819,481
mails
express
miscellnneoas..
03-8-J
122,06')
01-72
54,173
83,914
0078
Per
Earnings.
ct.
63-07
26-04
02-97
01-71
01-21
$2,178,275
632,675
94,925
51,115
38,670
Per
Expenses.
$3,197,3il
$3,217,278
Per
Condactlng transportation
Motive-power
Maintenance of cars
Maintenance of way....
General expenses
Renewals
87-42
Expenses.
$ 105,024
8500
4<il,5!6
31-51)
09-95
20-48
05-53
11 63
183,982
378.173
101,900
911,817
09-11
15-7o
03-53
80-45
ct.
Total operating expenses and
renewals
expenditures,
we have
21 54
$199,863
499,616
18s,6-8
3-J0.1S0
113,535
416,1»1
$2,034,932
$1,3T1,6S3
37,607
$1,182,388
113,724
Improvements
Net proceeds
Ratio of operating expenses and
57-35
renewals to gross earnings
Consolidating the items of " E
ct.
$1,816,391
.
Net earnings
$1,013,664
$1,331,273
63-61
ewal " and " Improvement
the following result
Bxpenditnrea for new rails— 4,888 tons of new
steel rails
and 497 tons
of re-rolled iron rails
$-265,091
Expenditures for 368, 161 new cross-ties and 8j sets new switch-ties.
Expenditures for labor on new steel and ties
Expenditures for new bridges, bridge masonrj, culverts and trestles.
Sundry other items
. .
164,374
38,981
101,048
19,'.9J
$568,798
Deduct from
amount proceeds of
this
old rails sold
68,874
Balance, amount expended in renewals and improTements from
revenues of railway during 1877
$589,921
All of these renewals and improvements have been recently
examined by the civil engineer and expert appointed for this
purpose, and have b-^en pronounced by him as " vitally necessary
improvements," made with " sound judgment and strict economy."
The remittances to the Trust company during the year have
been
Cash and Texas Central notes paid at maturity
Account against Hougton & Texas Central Railway, as adjusted by
the accounting
officers,
The following
Dec.
31, 1877,
including interest to that date.
$8-24,616
S9!,330
a consolidated statement of the general
accounts of the operating department of the Missouri Kansas &
Texas Railway, under the trusteeship of the Union Trust Company of New York, covering a period from July 1, 1876, to
December 31, 1877
la
:
Dr.
Gross earnings for 18 months ending Dec.
Less operating expenses and renewals
Improvements
Taxeson
:
road-ljed,
&c
Receiver's balance of materials and
31, 1877
$1,998,760
$3,051,058
137,006
110 963— 3,359,021— $1,617 T38
supplies
93,2ol
Revenue per pasjenger, pei: mile.
-0310
Expense per passenger, per mile..
os.n
The business from Kansas City and the Missouri Valley, via
Fort Scott, to Texas and the Southwest during the past year has
largely increased, and gives every indication of a steady improvement in the future. This business is very desirable, as it brings
into use that portion of the road running through the Indian
which has very little local business.
The Equipment Trust Company, which, during the year 1876,
furnished for the use of the railway 10 locomotives and 100 box
cars, has, during the year 1877, added to the existing equipment
10 additional locomotives and 50 flat cars, upon the same conditions, in reference to payment of rental, as were made at the time
the previous equipment was furnished, and explained in last
Territory,
annual report.
LAND DEPARTMENT.
The
operations of the
marized as follows:
& Texas
Company—
293,830— $1,487,006
.
Land Department—
Expensea
$56,863
Taxes.
57,M7
Bonds purchased
29,152— 113,523
Less ca:h proceeds from sale of lands
70,497—
Advance accoui.t new coinpri ss at Denlson
Equi pment and betterment account
Unadj usted accounts
Accounts receivable, railroad company's, Individuals
and United States Givernment
$167,393
Earnings uncollected Dec. 31, 1677
Material and supplies on hand Dec. 31. 1877
Cash on hand at Sedalia office Dec. 31, 1877
rails
$-260,88;l
2d— Ties
Sd— Bridges and
4th— Widening
trestles
banks, ballast,
6th -Buildings
Total
$690,880
Being about $150,000 more than was expended during the past
year for expenditures of a similar character.
BALANCE DEC. 31, 1877.
The trustees general account gives the following items of
assets
Asset?, a« per General Manager's ledger
$-387,143
Less liabilities, as per Gen. ManagL^r's ledger
38'*i,406^ $l,f'87
Cash" balance in Union Trust Company
34,835
Notes of the Houston & Tex. Cent. Railway Co.,
taken in settlement of account to Dec. 31, 1871. $226,601
Texas Cent. Railway Co. on
Draft of nouaton
New York (paid in cash)
23,364—249,965-
&
134.0.56
7,328
GalTCstoii H.arrisburg
382,456—
1,687
$1,732,999
The following condensed statistics of freight traffic give the
results of the operations of that department for the entire y«ar
rREIGHT TnAFFIC.
miles.
Rolling (SiocA— Locomotive engines, 21; passenger cars, 17;
baggajre, mail and express cars, 5; caboose cars, 6; and freight
cars
box, 141; stock, 131; and platform, 161; total revenue
Derrick car, 1 and roadway and service cars, 78.
cars, 444.
The road was opened to San Antonio March 1, 1877. The
average length operated in 1877 was 209 miles.
branch to
New Braunfols, 10 miles, is projected.
Operations For tlie fiscal year ending Dec. 31, 18 7. Train
service passenger, 144,848, and freight, 219,050 ; total revenue
train service, 363,898 miles. Roadwav and working trains, 129,272 miles; total engine service, 493,630 miles. Passengers carried
Freight moved
(10 months), 42,194; carried one mile, 3,709,517.
(10 months), 85,933.1 tons: moved one mile, 15,558,940 tons.
[General offices burnt in September and reports for Aug. and Sept.
destroyed.] Fiscal results for year as follows:
A
Eaningi.
:
1870.
440,818
103,110.714
for the year 1876 were $312,353 increase over the
year 1875, while the earnings for 1877, although |293,396 in
excess of the year 1875, show a decrease of $19,957 from those of
1876.
Tne unprecedented rains which occurred during the last quar
ter of the year seriously interfered with the freight traffic
receipts and earnings.
Oat of 501,000 tons of freight moved over the road during the
year 1877, 118,000 tons, or 23^ per cent of the entire atnount, were
grain, and 115,000 tons, or 23 per cent, were live stoct, both of
which require either teaming or driving long distsuces from the
place of production to get ts our stations ; and of the freights
obtained at and giing from local stations, 104,000 tons, or 21
per cent, were lumber and coal, which require extensive teaming
consumers.
The following condensed statistics of passenger traffic give the
results of the operations of that department lor the year 1877
to the
:
PASSENQEH TRAFFIC.
Total numlie' of passengers carried
Number of passengers carried one mile
Expenditures.
\
Passenger earnings
'..
Freight
..;;....
Mill and express
$176,460 38
83 1.109 84
80,633 78
25,-'i64 23
.
Minor 80u:ces.i
Way
I
and structures
$27,660 28
121,380 93
169,308 94
41.854 67
Rolling jtock
Transportation
Miscellaneous
•020.-9
-01237
The earnings
from the depots
Railway.
:
59
500,792
110,595,714
-01962
—
& San Antonio
(For the year 1877.)
Harrisburg, Texas, to San Antonio, Texas, 215
—
98,167
1677.
$JS9,48D
$l,a3T,0«3
;
48.914
$337,143
Total number tons freight carried
Number tons of freight carried one mile
Revenue per ton per mile
Expenses per ton per mile
150.000
165 000
80.000
85,000
&c
—
';.3,0-26
123,6'23
Less pay-rolls and accounts payable
sum-
:
l8t— Steel
Line tf Road
$1,173,67«
Central Railway Company's account.
briefly
—
$l,7.i2 999
Transferred to the Union Trust
Laud Department may be
There have been sold 76,694 acres, for a total consideration in
cash, bonds and bills receivable of $170,758.
The cash received
on account of sale of lands, and collections for previous sales,
amounted to $29,483.
The payments on account of the Land
Department have been $68,094, as follows: Land Department
direct expenses, $24,003; miscellaneous expenses, $10,199; and in
addition the taxes paid upon the entire land grant of the company, $33,893— making a deficit in its cash opera'ions, chargeable
to the Land Department, of $38,611.
There have been delivered
to the trustees, Messrs. Sage & Cowdrey, as consideration for
deeds, and canceled by them, $160,000 Union Pacific South. Br.
bonds, with coupons amounting to $167,170; and there were in
the hands of H. B. Henson. Secretary of the Missouri Kansas &
Texas Hallway Company, Dec. 31, 1877, and ia transit, $6,000 of
Union Pacific Southern Branch bonds and 23 past-due coupons,
amounting to $0,690 being a total of bonds and coupons received
and retired during the year of $173,860.
ESTIMATES FOU 1878.
Mr. Bond submits estimate for renewals and improvements for
the year 1878, which includes
Cr.
In cash
Houston
XXVL
[Vol.
Total
mile)
per
$1,0:2,568 23
Total (81,733 47 per
mile, 34 32 per cent; .... $360,204 72
Balance, net earnings, $692,363 51. Payments from net earnings—Interest on funded debt $138,055 19 interest and sinking
fund to State of Texas, interest on floating debt and premium on
gold, $233 161 86; and taxes and other payments, $17,585 03;
Credit balance at close of year, $305,561 44,
total, $336,802 07.
which was expended on construction.
FtNANCIAI. STATEMENT —OENEnAl nAUNOES, DEO. 31, 1877
LlabUllles.
Property and Asfets.
Road and appiirteuancea $-.685,392 15 Share capital paid in,... $4,6:38,7»» 40
;
Rollingftock
787, .368 84
Real e-tate & buildings
Bo. .ds owned by Co...
Material & fuel on hand.
Bills receivable
Other current assets ....
Current accounts... ....
.
Cash on hand
1,668.503
M
by
bonds
Represented
and
city
lands
1,811,305 60
OO
3>,4!5 72
l,5B9,(0i)
3V9.-)7 61
55,613 SO
246.181 2i<
26,628 81
$6.450,l'00 00
Funded
4,300.000 00
1.248.635 66
770,033 90
ileht
Bills payable
Other liabilities
School fui.d, State
of
Texas
Total property and
assets
225,728
21,620,660
($5,036 21
$13,110,348 58
407,066 82
Currentacconnts (including coupons, $340) ....
Total liabilities
81,607 27
$13,110,348 65
:
April
.
THE CHRONICLE.
13, 1878.]
The funduj
debt cotiKlitB of
tirst
mortganeB, rallwny and land
per cent gold bond^, dated Feb. 1, 1871, »nd payB^.nking fund
able, Interent neml annually Feb. 1 and Aug. 1, and principal
Feb. 1, 1010. Of tlio $4,200,000 issued, there aru still on hand
unsold 11.309,000.
The mortgage covers the entire property, includiun: about
The
1,500,000 acres of land and the franchises of the company.
proceeds of the sales of the subsidy lands (10 sections per milt)
will go to the Irustees and be used to purchase the bonds in the
market. The bonds are further secured by a (-inking fund of one
per cent, to commence in 1880, and for which bonds are to be
drawn annHally thereafter, by nhich process nearly all the bondH
will have been retired at maturity.
The 11,309,000 bonds still on hand and also $300,000 Bexar
county bonds are held as assets against the floating debt.
The debt due the State school fund ($407,006 82) pays 6 per
cent interest and 2 per cent sinking fund, in semi-annual instalments. May 1 and Nov. 1. The sinking fund will retire the whole
amount
The
in 1890.
floating debt
and credits applicable thereto stood, Dec.
1377, as follows
DtbU.
including $ai8.393 S5 due. T.
wTPflrce
-
.
Total
Balance— net
8-',e68,-J91
364.64-3 49
necting roads
770.088.90
38,76; 27
840 00
.
$l,393.oro 0.1
200,000 00
Bexar counly bonds
Notes receivable, cash
and balances due from
Etailon agonts and con-
linbilitle!-,
Total
tl9«3B13
float, debt..
$t9,43j
Topeka
&
Santa Fe,
—The
Land Department
reports that the sales for March amounted to $125,903, against
$27,0o0 in March, 1S77. The immigraiion along the line of the
road in Kansas is said to be large.
—
Baltimore & Ohio. The regular monthly meeting of the
The Committee
Directors was held in Baltimore, April 10.
on Finance submitted a report and a resolution that the Board of
Directors recommend to the stockholders of the company the
acceptance of the act passed at the late session of the Lpgielature,
providing for an adjustment and final settlement of all pending
controversy between the company and the State. The report and
resolution were unanimously adopted, and a general meeting of
the stockholders to vote upon the proposition of acceptance was
called, to be held at the ofJBce of the company, on the 10th day of
June next. During the litigation between the State and the company, in regard to the gross receipts for passenger tax, the
company passed five semiannual dividends on the stock of the
Washington branch of the road, and a resolution was adopted
to day that eo soon as all the arrangements required to be perfected to give the act of the Assembly aforesaid full effect according
to its tenor, there shall be declared five semi-annual dividends of
S per cent on the stock of the Washington branch.
It was also resolved that a dividend of 4 per cent be declared
on the capital stock of the main line for the half-year ended
March 81,^1878, payable in the stock of the company, on and after
the 15ih ot May next.
In connection with the recommendation of the Fimnce Com
tnlttee to declare the dividend in stock, Mr. Garrett remarked that
although during the present administration, which had continued
for twenty years, the dividends had been uniformly in cash even
daring the great war at six, eight, nine and ten per cent per
year, yet the form proposed by the Committee was not at all
novel in the history of the Baltimore and Ohio Company. At
various periods prior to 1858 when the company needed money,
rather than press sales of its bonds and securities, it adopted the
conservative plan of using a portion of its earnings by borrowing
the sum from its stockholders, and issuing therefor its stock. A
large amountof thecosiof the road between Cumberland and the
Ohio River was supplied under this system. In order to aid the
Pittsburg and Connellsville, the Marietta and Cincinnati, the
Virginia Midland, and to construct the Chicago, the Baltimore
Short Line, and the Cincinnati and Baltimore Iloads and other
enterprises associated with its interests and development, the
Baltimore and Ohio Company created a floating debt, which it is
the policy of the company to liquidate rapidly. The company
owns large amounts of the stocks and securities of its connecting
lines, eome of which it will be desirable to hold for the purpose
of maintaining interest and influence in regard to the policies and
co-operative relations of those companies. But large amounts of
the bonds of these companies now held can properly be sold
when sufliciently advantageous rates can be obtained for them.
The committee has recommended that a portion of the earnings
realized within the last six months, viz: 4 per cent, being $535,763, be used for the payment of the floating debt, and that stock
be issued therefor. This dividend will be payable in the com
mon stock of the company.
—
—
—
Boston Bank Dividends. The dividends of the Boston
banks the past six months are the poorest ever recorded.
The changes from October last are as follows
The
Blackstone decreases from 2J to 3 per cent. Blue Ilill 3
:
to
H, Boston National
3 to
3,
Bunker
Hill 5 to 4^, City 3 to
Eagle 2i to 3. Faneuil Hall 3 to 3, First National 6 to 5,
Hamilton 3 to 3, Howard 3 to 2, Mechanics' 4 to 3, Merchants' 3i
to 3, Monument 5 to 4, North America 2} to 2, Rockland 4 to 3i,
Second National 4 to 3i, Shawmut 3 to 2}, Shoe and Leather 3 to
2^, Suffolk 3 to 2 and Tremont 2^ to 2 per cent. The EUot
2i,
making an average of 234 pet cent.
Canada Soutlicrni The Canadian Parliament has pas.ied the
act authorizing this company to make the necessary issue of bonds
and take otber action required to carry out the arrangement made
—
with the bondholders. It is announced that the agreement has
been signed by holders of about seven-eighths of the bonds.
4r.
H
78
GENERAL INVESTMENT NEWS.
Atcbison
Bmk
-
•
CoiTcnt acconiits
Coupons outstanding
increases from 3 to 8 per cent. New England 8 to 3}, People's 8i
to 4 and Revere
to 3 per cent.
The 'ollowing banks p«M their
dividends: (Central, Commerce. Commonwealth. Kverett, Flrit
Ward. Fourth National. Globe. Manufacturers', Market, Merchandise, Metropolitan and Third National.
It is a singular fact that
in all the changes precisely a like number as in October (14) pays
2 per cent.
The Eleventh Ward Bank is closing up. The Pacific fnew)
has not been in operation six months; commenced Nov. 13, 1877.
The National
of Brighton has changed its par value from
$80 to $100 psr share, giving 4 new shari'S for fi old ones. Tba
Revere reduced its capital Feb. 1 from $2,00!).000 to $1,500,000,
paying off at $100 one share in four. The Globe passes for the
first time in its history of 54 years, but this is due to a true policy
of conservatism, and not to a lack of actually earning a dividend
the past six months. The same can be said of other banks
passing.
Of the sixty-two banks within the limits of Boslon, two pay 6
per cent, two 4i per cent, five 4 per cent, four 3i per cent, thirteen
8 per cent, one 3 per cent quarterly, twelve 2i per cent, fourteen
3 er cent, and twelve pass (besides one now and one in liquidation),
Credit.
Bonds nmold
payable, Incladtnff
notes f $790,000 to l'
W. Pclrec
$I,549,«35 56
Billa
Othtr
31,
367
Cincinnati Konthern.
—A
New York
Times despatch, dated
Cincinnati, April 11, says: The Ohio Senate to-day passed a bill
authorizing the city of Cincinnati to issue $2,000,000 more bonds
The House will
for the completion of the Southern Railroad.
probably pass the bill to-morrow. It is mandatory upon the
trustees to use the $2,000 000 authorized in opening the road to
Chattanooga. The salaries of the trustees are virtually abolished, and it is provided that the bill shall be submitted to the
vote of the people of Cincinnati within twenty days after its
passage. The wrangle over the question of the completion of the
A large party has been in favor
road has been long and bitter.
of throwing away the $16,000,000 already expended and letting
the road go to the dogs.
Cincinnati Wabasli & Micliigan.— It is stated that five
and sixty cars of this road were sold March 37, at
sheriff's sale, at Wabash, Ind., to satisfy a mortgage ol $100,000,
held by Mr. J. W. Wade (deceased).
locomiitives
Connecticut
&
Passnmpsic.
—A
Montreal despatch of April
managers of the Passumpsic &
Southeastern Railroad, held here this week, all differences were
"At a meeting
10 says:
of the
The Southeastern Company is to take
satisfactorily adjusted.
and operate the Mist-iequoi & Clyde River road, which has been
the bone of couteulion. Through trains from Montreal to Boston
The Southeastern
will be run through the lines established.
debt will be reduced over one-half."
—
Dclroit & Milwaukee. The committee of Americaa bondholders c*lled for a meeting to be held at Detroit, April 6, to
decide what action to take as to the proposition made by Mr.
Newberry, of the Ore t Western Railway Company. By that plan,
the road is to be foreclosed speedily, bouKht in, reorganized, and
an Isjue of an equipment mortgage for $3,000,000 at 6 per cent is
to be made, as also a consolidated mortgage of $:^,200,000 at 5 per
cent for five years and 6 per cent afterward, principal and interest
guaranteed by the Great Western of Canada. Holders ot first,
secured or fuuded coupon bonds are to receive 70 per cent ol the
face of their bonds in the new consolidated.
Erie Railway.— Mr. Jewett has filed his report as receiver of
the Erie Railway Company for the month of January. Deducting
the receiver's certificates and money borrowed and repaid, the
receipts were $1,980,671, and the erpeuditures $1,809,194. The
loan account is increi.sed 1(9,000. The receiver's certificates are
reduced $203,965, and only $1,278,003 were left outstanding. The
cash balance is reduced from $466,618 to $149,129, showing an
apparent reduction of debt for the month of $177,470. Among
the disbursements are $23,9-50 for the purchase of securities,
$30,770 for interest, $14,707 for coal lands and $30,000 for
locomotives.
application Mr. Jewett was lately authorized by
in Supreme Court, Chambers, to purchase
$236,500 of the bonds of tha Paterson & Newark Riilroad
Company. Mr. Jewett had previously been authorized by
Chancilfor Runyon, of New Jersey, to make the purchase. The
bonds are the remainder of those issued under a $500,000 mortgage and not already held by the Erie Company, which guaranteed
their payment.
On
his
own
Judge Donohue.
Franklin County (Mo.) Bonds.— The Fourth National Bank
obtained judgment in the U. 8. Circuit Court against Franklin
conntv, and execution was issued, but no'propetty was found to
levy on in satisfaction. The county having made no provision
prayed a writ
for the payment of the bonds or Interest, plaintiff
levy a tax
of alternative mandamus, to compel the county court to
Defendant made a motion to quash the writ,
for that purpose.
and Judge Treat has denied it, saying in his opinion "There
having been no revenue raised according to the allegations in the
this court to
petition for the needed purpose, it is the duty of
compel a resort to the most effec ivo mode ol securing payment
:
for the
judgment
creditor."
Light Conipany.--This company'*
was recently placed on the free list ot the New York Stock
Eichanee. The statement submitted had the following:
New York Mntnal Gas
stock
Cap!
al stock,
50,000 shares, $100 each, $5,000,000; 7 per oent
THE CHRONICLE.
368
gold bonds due Aug.
1882, $1,000,000;
1,
The following
bond and mortgnge,
¥i»rk State Canal Tolls.— The rates of toll that are to
tffrci on ihe opening of navigation of the Erie, Champlain, Or<\V' gn, Cayuga and Seneca canals have been received at
the Produce Exchange. In the charges on freight moving towards
tide- water there are no very material changes; one-half the same
rates beinsr maintained on everything except foreign salt when
moving from tide-waier, which is the same as last year. Some
few additions & d modifications have been made to the free list,
Leached ashes,
of which the following is a complete schedule
bacon, salted bacon, i)oat.s, live cattle, clover-seed, Ci^fFee, corn
meal, cotton, domestic distilled spirits, domestic cottons, domestic
woolens, diied fruit, furs and skins of animals producing furs,
grass-seed, hemp, live hogs, hops, lard, lard oil, bar and pig lead,
leather, salted pork, live sheep, tallow, unmanufactured tobacco,
wool.
New
applirable to all computations of net earnings tliereafter; but it shall not affect
any fight of the United States, or either of eaid raUroad companies existing
prior thereto.
Sec. 2. That the whole amount of compensation which may from time to
time be due to said several ra'lroad companies, reepeetively, for services rendered for the G'Vcri;ment, shall be retained by the United States, one-half
thereof to be presently applied to the liquidation of the interest uaid and to
be paid by the United States upon the bonds so i3"ued by it, as aforesaid, to
each of said corporations severally, and the other half there-f to be turned
into the sinking hind hereinafter provided for the uses herein mentioned.
Sec. 8. That theresliall l)e established in the Treasury of the Uuiied States
a sinking fund, which shall be Invested by the Secretary of the Treasury ia
bonds of the United Stales, and the semi-annual income thereof>«haU be In
like manner, from time to time, invested as the"same pliall aecumulate and be
dispoed of as hereinafter mentioned. And in making such iuvestments, the
Secretary shall prefer the 5 per cent bonds of the; United States, unless,
for good reasons appearing to him. and which he shall report to Congress, he
shall, at any time, deem it advisable to invest iu other bonds of the United
:
—
Ohio & Mississippi. In the United States Circuit Court, Mr.
John King, Jr., receiver of the Ohio & Mississippi Railroad, has
filed his report for the month cf March, as follows:
BECKIPTS.
$50,658
1
station sgenis
From
From
States.
-'eii.aiS
Promcondnctoi-e
Sec. 4. That th»re shall be carried to the credit of the said fund on the l«t
day of Febraary in each year the one-half of the compens«tii>n for services
hereinbefore named, rendered for ihe Government by said Central Pacific
Itailroad Company, not applied in the iiquii'atiou of inieresl; and in addition
thereto ihe said company shall on said day iu e.ich year pav into the Treasury,
1,993
individuals, railroad coaipanie^, etc
26,y20
709
express companies..,,
Total
$312,900
to the credit of said sinking fund, the sum of $l,\!00,000,"or so much thereof
as shnll be necessary to make the 5 per cent of the net earnings of its said road
payable to the United States, under said Actof 18(i2. and the whole sum earned
by it as compensation lor services rendered to the United states, together
with the sum hy this section required to be paid, an amount cqaal, in the
sggregate, to 25 per cent of the whole net earnings of said railroad company,
ascertained and defined as hereinbefore provided, for the year ending tm the
3i8t day of December next prtceding. Thit there shall be carried to the
credit of the said fund, on the lat day of l''ebrttar\ iu eac year, the one-half
of the compensation for services, liereinbefore n;imed, renrtered for the Government by sa'd Union Pacific Railroad Company, not applied in the liquidation of interest, and in addition tjiereto the said company sha 1, on said day
in each year, pay into the Treasury, to the credit of taid sinking fund, the sum
of $850,000, or as much thereof as shall be iiece.-saiy to make the 5 per cent
of thenet earning* of its eaid road payable to th; United Slates under sold
Act of 1862, and the whole euti earned hy it, as compensation for services
rendered for the United States, togeiher wilh the sum by this s,-ction required
to be paid, amounting in the aggregate to 35 per cent of the wlio e net earnings ol said railroad company, ascert.iined and dtflried, a-* hereiiiljefore
provided, for the year ending on the 31st day of IJecember next preceding.
Sec -6. That whenever it shall be made satirfactory to appear to the secretary of the Treasury, by either of said companies, that 25 per cent of its net
earnings, as hereinbefore defined, for any current year are or were insufficient
to pay interest forsuch year upon theobligaiionsof such company, in respect
of which obligations there m-y exist a lieu paramount to thiit ot the United
States, and thit s.ich interest has been i)aid out of such nut earnings, said
Secretary is hereby authorized, and it is made his duty, t' remit, for such
current year, so much of the 25 per cent of net earnings reqnirt-d to be paid
DISBURSEMENTS.
Vonchers prior to November 18, 1876
Arrem a^^e:* prior to November 18, 1S76
Vouchers eu sequent to November 17, 1876
Pay-rolls subsequent to November 17, 1876
Cash 6u haud April 1
$33,600
20
157,229
100,^ .38
82,010
Total
Oregon
$312,300
&
i
California— Oregon Central.— A despatch ftom
San Francisco, Cal., April 8, states: A Portland despatch says
" It is asserted on good authority that arrangements have been
perfected by which English and German bondholders, who hav
for some time jointly owned the Oregon & California Railroad,
the Oregon Central Railroad and the Oregon Steamship Company,
divide the'r prop'^rty. The English bondholders take the Oregon
Central Railroad, which they have controlled for some time, and
the Oregon Steam.ship Company, and the Gtermau capitalists take
:
the Oregon
&
California Railroad."
—
Pettis County Mo. A basis of compromise offered by some
of the bondholders of this county is reported as follows: Tim
creditors are to 'Surrender their olci bonds at the rate of 66 3-3
cents on the dollar of principal and coupons due on or before the
first
day of May, 1878. and accept therefor new six per cent
five-
bonds, daied May 1, 1878, and the county contracts to
provide a sinking fund after five years, by the levy of an annual
tax of not less than one-tenth of one per cent on all the taxable
property of Pettis county, to be applied to the redemption of
the new bond.
^
thirty
Pittsburg City Befct.— The City of Pittsburg being in default
on its Penu Avenue bonds, suit has been pending there on an
application for mandamus, brought by Mr. Henry Wheleu, of
Philadelpliia, to compel the city to raise the necessary money to
meet the payment. A majority of the court failing to agree, the
writ was relused amd the case will be appealed.
Paciiic Railroads.— The bill of Mr. Thurman of the Judiciary
Committee paesrd the U. S. Senate April 9, by a vote of 40 to 19,
and its passage in the House is considered reasonably certain.
Of this bill the iV. Y. Tribune, which is generally regarded as
representing the Union Pacific Railroad's interests, says: "The
Thurman bill is not considered by the representatives of the railroad companies, who have been in Washington for several weeks,
watching the proceedings in tlie Senate, as, on the whole, very
objectionable; and there is little doubt that they prefer that it
should becorue a law rather than that the question of the pecuniary obligations of the companies to the Government should
remain in its present unsettled condition. The Government has
withheld from the companies since 1873 the whole amount earned by them by transportation for the Government, and has kept
in the Treasury without interest. The passage of the Thurmen
would release one half of this, as it was unanimously agreed
in the Senate that the power of the Government to alter or amend
the charters of the roads applies only to the future, and that no
law can be passed changing the enacted obligations. Nor have
the companies objected to the Thurman bill on account of the
large payments it requires. It provides that the Union Pacific
shall pay into the Treasury of the United States $850,000 a year,
or so much thereof as with the amount due from the Government
for transporiation, etc., shall be equal to 35 per cent of the net
earnings of the united roads. If the amount due for Government
It
bill
transportation should itself equal one-fourth of the net earnings
then the Uiiion Pacific Company would have no cash payment to
make. In point of fact, if this bill had been a law last year, the
Union Pacific Company would have had to pay into the Treasury
only about $150,000 in cash. One-fourth of the net earnings,
would have brnta about $1,375,000, and the amount due to the
company for iransportHtion for the Government was about
$1,230,000, leaving a balance to be paid iu cash of only about
$145,000. Some of th« features of the bill to which the representatives of the companies were opposed were explained by
Senator Thurman, in his speech, iu such a way as to remove
"
many of the most serious objections
to
them.
is
Pacific Railroad Sinking
go into
Prom
XXVI.
the text of the important portions of the
Fund Bill as reported by Mr. Thurman
from the Senate Judiciary Committee on the 4th of March, ult:
Be it enacted, etc.. That the net e^irnings mentioned in the Act ot 18BJ of
said Pacific Riiiroad Companies, respectively, shall be a'^certaiued by deducting from the gross amount of iheir ciraings, respectively, the necessary
expenses actually paid within the year in operating tlie same and keening the
same in a state of repair, and also the sum piid by them, respectively, within
the yei.r in discharge of interest on their flist mortg.ige bonds, whose lien has
priority over the lien of the United States, and excluding from consicieratlon
all sums owing or paid by said compuiies, respectivelv, for interest upon any
other portion of their indebtedness; and the foronoing provision shall be
deemed and taken as an amendment of said Act of 18i4. as well «s of said Act
of Ites. This sectioa shall take eiTect on the 3)th day of June next, and be
Assets: Cash on hand, $76,130;
$300,0(10; bills payable, $330,000.
coal, naphtha, coke, &c., .$63,002; outstanding gas accounts,
The company has paid quarterly divi$137,900; total, $267,033,
dends of 2i per cent since Jan. 1, 1875.
Cash on hand March
IVoiv.
I
j
[
into the sinking fund as aforesaid as may have been thus app.ied and used
in the payment of interest as aforesaid.
Sec 6. That no dividend shall be voted, made or paid for, or to. any etockholder or stockholders in either of said companies, respectively, at any time
wtien said company shall be in default in respect of jayment, either of the
sums required as aforesaid to be [taid into said sinking fund or in respect of
the payment of said 5 per cent of the net earnings, or in rLSpuct of interest
upon any debt, the lien of which, or of the debt on which it may accrue, is
paramount to that of the United States ; and any oflicer or person who shall
vote, declare, make or pay. and any stockholder of any of said companies
who shaJl receive any such dividends contrary to the provisions of this Act
shall be liable to ihe United States for the account thereof, which, when
recovered, shall be paid into said sinking fund ; and every such oflicer, person
or stockholder who shall knowingly vote, declare, make or pay any such dividend contrary to the provisions of this Act siiall be deemed guilty of a misdemeanor, and, on conviction thereof, shall be punished by a tin; not exceeding
$li),i!t;0, and by imprisonment not exceeding one year.
Sec. 7. That the said sinking fund so est.^biithed and accnumlated shall at
the maturity of said bonds so respectively issued by the United Slates ba
applied to the payment and satisfaction thereof, according to the interest and
projjortion of each of said companies in said fund, and of all interest paid by
the United States thereon and not reimbursed, subject to the provisions of
the next section.
Sec 8. 'i hat the sinking fund so established and accumulated sh 11, according to the interest a' d proportion of said companies respt ciively therein, be
held for the piotection, security and beniflt of the lawful and jn.-t holders of
any mortgage or lien debis of such companies respectively, lawiuily i*aramuunt to the rigkts of the United states, audfor the claims of otner creditors,
if any, lawfully chargeable upon the funds so required to be paid into said
sinking liuid, according to iheir respective lawful priorities, as well as for tiie
UnitLd States, according tothe principles of equity, to the end thatall persons
havi"g any claim upon said sinking fund m:iy be entitled thereto, iu due
order; but the provisions of this section shall not operate or be held to impair
any e.'iisting legal rights, except in the manner in this act provided, of any
mortgage, lieu or other creditor of any of said companies, res, ectively, nor
to excuse any of said companies, respectively, Iroui ihe duty of discharging
out of other funds its debts to any creditor except the Uniied States.
The remaining sections of tbe bill declare that all sums due
the Uoited States from the companies shall be a lieu upon their
property and income; but, in order to prevent misconstruction in
regard to tbe coiupp.nys' lands, the 9th section was so amended as
to declare that it shall not be construed to prevent tlie companies
(rom disposing of any of their property or assets,
the proper
and lawful course of their current business, iu good faith and for
valuable consideration. The Attorney-General is to enforce the
rights of the United States, and failure to comjily with the
requirement of the law for six months shall operate as a forfeiture of the grants and privileges of tbe companies.
m
St. Louis & Irou Mountain.— The trial of the suit of the
Union Trust Company of New York against this railroad was
concluded in St. Louis, and the case submitted to the court, with
the agreement tbat the defendant's counsel should fie tbeir brief
by the lOtb of May, and the plaiutifl's counsel their brief^in
rebuttal by the first of June.
Wilmington Colnmbia
cS;
Angusta.
— The
firrt
mortgage bond-
holders held a meeting in Baltimore, April 8, and appointed a
committee of three to secure an expert to examine the books of
the company and report to another meeting at an early day.
.
.
ApnrL
THE CHRONICLE.
18. 1878.]
Jlic
(ir)
369
COTTON.
Commercial '£imcs,
\1 E RC Pa L E molTK^
Friday,
Thb Moybmbnt of thb Crop,
P. M.. April 13. 1878.
as Indicated by our telegrami
-Nl
from the Bouth to-night, is given below. For the week ending
this evening (April 13), the total receipts have reached 51,391
Tliere 'i» scarcely a new fact to be noted in relation to the
bales, against 59.886 bales last week, 65,470 bales the previous
state of trade, t'oinplftiuts ot "dull limes" are heard on i.U
Uareiiiunerativfl prices are sy^oken of as a discourigemeot week, and 75,733 bales three weeks since, making the total re8ide.«.
to busiiii-os. •' Ii isi Bo dilDcull to get a new dollar for an old one," ceipts since the Ist of September, 1877, 4,004,735 bales, against
It does not seem to be fell 8,778,419 bales for the same period of 1876-7, showing an increase
is a remark tliat ia often repeated.
that tliere i» now any great obstacle to tho revival of trade, except since 8ept. 1, 1877, of 326,816 bales. The details of the receipts
the genera! want of confidence which prevails. Lnw prices do not for this week (as per telegraph) and for the corresponding weeks
brintr forward buyers, «sd failures and defalcations continue to
of five previous years are as follows
be disagreeably uumerous. The public inquire, " where is all
?"
little
risk
as
as
possible.
and in the mean time
flMelpts this week at—
1817.
1874.
this to .nd
1878.
18TS.
1876.
1818.
Pork has declined and closed unsettled 500 bblg. mess sold toclo^e,
held
at
at
the
and
delivery,
but
for
June
$10
day at |9 8o
New Orleans
14,322
7,918
10,269
8,878
16,593
July f 10 15. Lard ia also lower, but closes active at |7 37J for Mobile
2,3-38
1,372
1,429
2,461
0,670
prime W- stern, spot and May, and $7 o'H for June, with July Charlestoa
4,421
1,859
8,878
2,960
2,353
nominal at about |7 40. Bacon more active, the sales to-day Port Royal. *c.
291
863
including W'es-.ern long clear at ^5 30, and long and short Savannah, 3ic...
3,S78
4,534
3,430
2.341
4.443
Cut meats have been Galveston
clear together at |5 60 for arrival.
8,8i5
1,706
8,870
4,016
5,143
more active, including pickled rib i)ellies, medium and light Iniiianola, Ac...
846
15
821
198
1
weishtp, at 6id(>ic., and dry salted shoulders at 4((£4ic. Beef and rcnuessee, Ac.
9,80'J
2,603
5,248
6,563
9,446
beef hams are (luiet. Tallow has ruled steady at 7f(d7^c. Butter Florida
22
112
5i
73
11
at some decline, cl.-ses with freer sales. Cheese steady and in North Carolina..
1,1I4
681
390
1,956
957
de:nan<l, the sales including new full cream at 13^@13c.
*.'
Norfolk
6,137
2,099
6,250
9,224
The Cincinnati Pnce (Jurrent'i twenty-ninth annual report of City Point,
126
231
433
313
1,263
The total number
the p«rk packing in the Wi-st is published.
packed last stiuter was 6,505.000 hogs; average net weight, 226
41.620
37,769
Total this week....
21,183
40,615
55,830
51,391
4-100 lbs.; yield of lard,38 61-10C lbs.; cist per 100 lbs. net, $4 99.
Total
since
3,778,419|3,855,106
.3,274,638|8,512,510
3,163,638
Sept.
1....
4,004,735
Compared witli last year there is a gain of 1,404,000 in the number of hO({8 packed, 10 12-100 in the average net weight and
The exports for the week ending this evening reacti a total of
4 5310!) iu the average yield of lard, and a decrease of I'Jc. in the 07,684 bales, of which 48,303 were to Great Britain, 4,784 to
of
total
production
pork
net.
The
was
average cost per 100 lbs.
France, and 14,678 to rest of the Continent, while the stocks as
The number made up this evening are now 533,334 bales.
723,368 barrels, being an increase of 86,101 barrels.
Below are the
packed for the twelve months ending March 1, was 9,018,568 hogs. stocks and exports for the week, and also for the corresponding
The winter product of lard wag 761,192 tierces, of which it is week of last season:
estimated that tlie visible supply in the West and the seaboard,
Stock.
Exported to
including interior points, is 350,000 tierces, or 33 per cent of the
Total
Same
Week ending
total.
this
week
ContiGreat
April 12.
The winter product of cured meats was 980,000,000 pounds, of
1878.
France
1817.
week.
1877.
nent.
Britain.
which there was at large cities iu the interior and at the seab jard
in the middle of March 388,000,000 pounds, or 40 per cent.
New Orleans
31,855
23,232 221,53) 207,779
2,551
24,517
4,781
The market for domestic tobacco has been much more active. Moliile
8,017
23,070
4,892
4,892
36,919
Of K'-ntuoky, the sales for the week are 1,400 lihds., of which Charleston
16,313
4,854
2,115
3,751
21,894
1.636
1,200 for export and 200 for home consumptian. Prices are rather Savannah, &c
10,585
23,838
16,186
4,605
7,871
8,266
better for tlie hii;h grad«a lugs quoted at 2j@14ic., and leaf at
1,&19
32,044
Galveston
44.504
....
5@13e. The movement in seed leaf has also been large, the sales New York
12,414 157,109 260,144
5!2
8,780
8,268
....
aggregating 2,435 cas^s, as follows: 1,360 rases, crop 1877, New Norfolk.
19,3J7
11,437
7,047
7,017
England. 0(jJllc. and private terms; 425 do, crop 1876, J<. Eng- Other ports*
40,000 35,000
2,162
3.463
3.468
England,
land, 10ii«22c.; 500 do 1875, N.
21c<i25c.; 56 do., 1876,
63,213 5*3,234 63:3,892
4,7-;4
67,684
48,202
14,673
Pennsylvania, ll@18c., and 100 do. fcundries, 5@18c. Spanish Total this week..
tobacco has been rather quiet, and the eales are only 450 bales Total since Sept. 1 1,768,503 '417,84! «)8,iM5 2,826,29:) !2,56!\.309
Friday Night,
April 13, 1878.
:
;
.
Ac
;
Havana at 85c.((j)$l 05.
The business in Brazil grades
of coSee has been rather moderate and even limited at limes, and yet a fairly steady tone to
? rices is letained fair to prime cargoes Rio being still quoted at
Slock here iu first hands on the lOih inst.,
51<@l7c., gold.
83,450 bags; mild grades also have bten quiet, but still quoted
with sieadines!!. KiCD continues to move in the regular jobbing
way at 5i'a6ic., currency, for domestic; Rangoon has latterly
sold at 'i^c, gold, in bond. Foreign molasses is more firmly
qaoted, owing to the comparatively moderate supplies and fair
;
Cuba refining is quoted at 36c. New Orleans
range from 20@50c., the latter price being for
fancy lots. ll<tined sugars have latterly been quiet and barely
Raw grades also
Steady, with standard crushed qaoted at 10c.
are a trifl' lower, with only moderate sales; fair to good refining
Caba quoted at 7i@7ic.
demands
50-test
;
sells fairly at a
SUck
April 1, 18^8
Beoeipts since April 1. 1878.
Sales since April 1, 1878
Stock April 10 1-7S
Stock April U, 1817
Bhda.
Boxes.
BaeB.
Melado.
18,.M0
13.173
13,468
16,085
3S,412
8,257
»6.i;J4
490
2,ii.M
28,057
S81
1,312
9,979
7,169
3S,1)03
26.488
193 178
69)
1178
1,265
Ocean freight room, both on the berth and for charter, has, in
the aggregate, met with a fair movement, though the rates, at
times, have been irregular and somewhat lower than those ol last
week, cliarti-r room especially. Late engagements and charters
inciiiHtGrain to Liverpool, by steam, 81.; cotton, 15-04@id.;
per ion grain, byeail,6td. per 60 lbs.; cotton,
oilcake, 20s. Today, business was quite moderate,
IV'llji.l
but steady rates were in order. Grain to Liverpool, by steam,
8<26id. do. to London, by steam, 9d.; flour, by sail. Is. 10}d.;
grain to Danisli ports, 6s.@6s. 3J.; do. from Philadelphia to
Naples, 6s. 10^(1@78.; refined petroleum hence to Eimouth, 3s.
7id.; do. to Gibraltar for or.!er8, 4s. 9d. and cases, 24c. gold.
Whiskey is firmer at $1 07J@|l 08. Grass seeds are quiet and
nominal.
In naval stores few interesting features have transpired ; spirits
tarpentine closes dull and unchanged at 3lc., though at onetime
a good consumptive demand was reported at this ptice. Rosins are
quoted slightly lower, at $1 57^@$1 62^ for common to good
strained.
Petroleum has continued dull, and nominally weak, in
sympathy with the daily declines noted at the Creek crude, in
bulk, quoted at the close at 6Jc., and refined, in bbls., at ll^c. for
prompt deliveries. American pig iron has continued quiet, but
firm, owing to the advanceil prices for coal; No. 1 quoted at $18@
Rai's have been quiet since the sale ol 7,000 tons iron,
$19.
deliverable at Milwaukee, at $35.
Ingot copper has latterly been
quiet, but steady, at 17c. for Lake.
l>ri>v,>; MIS, 30iit33.''.
week auder the head of "otner ao-ts" Incluile, from Baltifrom Boston, 150 bal-sto I.lverpool; fromFhllafrom Portland, ;,100 bales 1 Liverpool.
In addition to above exports, there are the following amounts
of cotton on shipboard, not cleared, at the ports named
•
The exports
this
more, 1,168 bales to Liverpool;
delphla, 1,053 bales to Liverpool
;
1
:
On
Shipboard, not cleared-for
Leaviag
At—
Liver,
France
poiil.
New
Orleang
Mobile.
Oalveaton
Total
Other
Coast-
Foreign.
wise.
ToUl.
91, 5:0
Stock.
63,500
ll.GCO
15,C00
2,000
130,000
«,600
None.
None.
3,800
600
8,876
477
43
4,396
27,668
73,976
11,C00
18.777
2,613
106,3.6
in,148
13,500
10,6
From the foregoing statement it will be seen that, compared
with the corresponding week of last season, there is an increoM
In the exports this week of 4,451 bales, while the stocks to-night
are 100,658 bales less than they were at ibis time a year ago.
The following is our usual table showing 'he movement of cottoa
at all the ports from Sept. 1 to April 5, the latest mail dates:
BSOEirTS
BUICS aSPT.
PORTS.
;
1877.
XPORTBD
1.
1876.
Great
Britain
SINOa
France
a^SPT. 1
Other
TO—
Coaat-
Stock
wlae
Total
PorM.
forel'n
;
;
;
;
N. Orleans. 1,291,656 1,107,383
S90,lt,0
343.322
Mobile
619,238|281,930'355,805 1166,973
130,604
938,393
94,398
23,047i 26,387
143,812
819,319
29,225
Charleet'n*
419,69J
453,228
117.452
«6,816|10),389
284,637
115,531
18.614
Savannah
558,803
4-.:.ll4
160,893
36,351 129,3JI1
326,041
811,144
29,360
41V7;
491,348
166,165
26,971
11,291
i04,42J
189,971
112,722
117,670
253,331
5,083
33,518
291,931
18,908
...
19,?90
64,8«
76,975
S,T«
26,008
..
Salves ton*.
New York..
St,152
152,285
Florida.....
13,803
20,310
N. Carolina
184,125
12l,tS3
3.3,163
1,730
Norfolk*..
Other ports
459,417
618,482
128,694
1,075
2,9«
182,58?
302.719
138,182
131,994
147,574
....
14,804
161,678
....
87,000
1730,301 443,058 5»t,««7 2757,626 1310.266
B64.7SB
Tot this yr.
Tot. last vr.
3,9:3,314
18,757.236 1758.4S1 IMS.S95 .319.7*1
nn.«9-
1191.193
689.171
Under the head of aharU»tm\* mcladed Port KoyaJ, ^iyi.iBijiidid
u inoiuoea ClM
SaftiMtonlalaclndadlndUnoia,*o.; andor the he«l of Norn»
wn
•
Point Ac.
-
with the total
The^e mail returns do not c irrespond precisely
them it is always
of the telegraphic figures, because in preparing
ports.
necessary to incorporate every correcUon made at the
.
.
.
,
THE CHRONICLE.
370
dling uplands, but business has been on a very moderate scale.
The New England cotton mills have encountered troubles with
their employes, and a eerious defalcation at Fall River has
occurred, both tending to limit the purchases of home spinners;
and shippers have encountered a decline in gold and in the gold
rate of exchange, which, added to the firmer views of holders,
has proved a serious obstacle to business. To-day, the market
was firm, and lines of even grades could not be readily had at
quotations. For future delivery, tlie most conspicuous feature
of the market has been its irregularity as between this and the
next crop. At the close last evening, April and May were three
points above the previous Friday, the summer months one to five
points below, and the autumn months 11 to 15 pointj below. The
market opened buoyant on Saturday, but it soon became apparentjthat the bulla had overloaded themselves, and, under sales
There was
to realize, the advance of Friday was more than lost.
a pretty full recovery for the early mouths on Monday, but the
next crop dragged, a>;d on Tuesday, with this crop slightly
dearer, the next crop was rather easier, November and December being 1@3 points lower. Wednesday gave way 3@5 points
for all deliveries, but yesterday there was renewed irregularity
the opening was generally weak, under the less favorable interpretation put upon the reports with regard to the differences
between Russia and Great Britain, but at the close this crop had
advanced 2@3 points, and the next crop had declined 2@7 points,
December and January giving way most. The firmness of this
crop was due to the smaller receipts at the ports' and at the
interior towns of the South, and the rapid reduction of stocks
which now necesearily goes on. To-day, there was an advance of
3@6 points on stronger Liverpool accounts.
The total sales for forward delivery for the week are 284,700
free on board.
For immediate delivery the
bales, including
total sales foot up this week 4,307 biles, including 2,030 for
in
export, 2,041 for consumption, 306 for speculation, and
bales were to arrive. The following
transit.
Of the above,
tables show the ofiioial quotations and sales for each day of the
past week:
;
—
—
—
4,100
cts.
lO-lS
15-79
10-SO
10-Sl
lC-82
10-83
bales.
The market lias been firm for cotton on tlie spot, and on
Monday last quotations were advanced l-16c., to lOfc. for mid-
1,300
1,400
300
l.OtO
500
ALABAMA.
2)0
10-91)
9,2r<i
10-93
10-91
10-93
2.600
2,500
1,6*1
3.300
3.700
3.800
3.400
3.400
Sat. inon.
Apr.
Apr.
6.
* B
Ordinary
Low
8 15-16
9 7-16
Low
Middling
10 a-l«
10 15-16
Good Middling.
Strict Good MIddl'g IIX
Middling Fair...
Ordinary
^
Strict Ordinary
Good Ordinary
Good
Strict
Ord'ry.
Middling
Strict
Low Mddl'g
Middling
Good Middling
Good MIddl'g
Strict
Middling Fair...
9 9-:g
Vi 9-16
U!%
10 15-16 II
10 11-16
11 1-16
5-16 IIX
13-16
11
Vi 5-16
11
11S<
l»-lfc 115^
UK
Apr.lO, Apr. 9. Apr.lO. Apr.
7 13-13
7 13-16
7 13-16
9-W
7
U
U
5-16
13-16
U
12 5-16
12 5-16
12 5-18
Th.
Frl.
Th.
9
11
n
5-16
H-16
7 15-16
7 15-16
8 11-16
8 11-16
>%
9%
9X
9X
;0 1-16
lOX
10 7-16
'.0\
Wi
ll>i
11 7-15 111-16
11 7-16 11 7-16
11 13-16 11 15-16 11 V.-V,
15-16
12 7-15 12 7-16 \'t 7-16 12 7-i6
Frl.
U
Th.
Th.
Frl.
7 13-16
8 9-IG
9
7 13-16
8 9-16
7 1.3-16
8 9-16
9
9
7 15-16
8 11-16
Hi
V%
u
WX
IW
U
11
11 5-16
7 15-16
7 15-16
8 11-16
S 11-16
9M
i%
9M
\V.
11 15-16
12 7 16
Frl.
Apr.l2. ADr.U. Apr.l'i. Apr.U. Apr.12. Apr.ll. Apr.l2.
7 lJ-16
8 9-16
U
11 7-16
n}i
10 1-16
10 7-16
V
11 5-16
Fair
15-16
% 11-16
7
'^%
11
Good Middling.
Strict Good Mfddl'g
Middling Fair.
11'9^
Apr.lO, Apr. 9. Apr.lO.
X
11
5-16
11-16
\i 7-16
9.
Middling
Low Mlddrg
111
15-lf.
9«
9>«
9>^
9X
9 15-16 9 l'-16 9 15-16 9 15-16 10 1-16
10 5- 10 10 5-16 10 5-16 10 5-16 10 7-16
1"%
10%
lOJ,
Strict
105^
9X
10 1-16
10 7-16
U 1-16
"«
,
11 7-16 U%
11 15-16
8.
8 11-16
9><
l^
.
9 1-16
3 9-16
10
8 9-16
9
U
11
11 5-16
Apr.
6.
7 15-16
lU 1-16
10 7-16
8 9-11
8 11-16
9
9K
91<
9K
9X
9X
9 15-16 9 15-16 9 15-15 9 15-16 !0 1-16 10 1-16
5-16
5-16
5-16
'i-16
10
10
10
10
10 7-16 10 7-16
10
10
10%
lOH
105^
10%
8
9
Apr.
Xues Wed. Taea Wed. Tues'Wed.
\ired.
9.
8J<
W%
Tnes
Apr.l!
Ordinary
V B.
Strict Ordinary
Good Ordinary
Strict Good Ord'ry
Low Middling
9X
11
11 5-16
11 18-16 11 13-16
Fair
9 1-16
Apr.
7 13-16
8 9-16
9
11).
i%
9
9K
non.
Sat.
8.
7 13-16
8 11-16
lOX
11
Apr.
6.
7 13-16
8 9-18
9 15-16 10
10 5-16
9i*
Mon.
Sat.
Apr.
W%
15-16
112 5-16
Fair
Low
8 15-11
9 T-16
8.
10 5-16
<)
Mlcidl'g lIJi
Apr.
6,
8X
9H
9«
Middling
Strict
Mon.
Sat.
Apr.
7 13-16
8 9-16
9
BtrlctOrdtnary:...
&ood Ordinary
Strict Good Oid'ry.
8.
9K
9X
7 15-16
? 11-16
10 1-16
10 7-16
10 1-18
10 7-16
lOK
10¥
.-.0-38
12 5-16
12 ,5-16
•.2
5-16
1,500..
601..
1.30O..
3.91)0
.
4.500.,
9.2M
,
18,:;00
12 7-16
2
7-16
STAINED.
mon. Tues Wed. Th.
Sat.
Apr.
6.
Apr.
Oood Ordinary
Low .Middling
Middling
9%
9 II-IS
MABEET AND
Spot Marteet
]
port.
Saturday
Unchanged
Monday
Irregular, nom'l.
steady.
;ulct,
Con-
sump,
....
9.
7 13-16
8 9-16
9 1-16
9 ll-'6
7
is-ii;
8 9-16
9 1-16
9 !l-;6
iilat'n
:0J
'iiVi
331
M
100
1,000
SOO
2M)
557
819
10
7
Bales
and
bales.
cts.
11 -66
«0J
100 s.n. 8 h..X-n9
1,30116.11. Sth..l0-T0
SiOs.n. 91 h.. 11.-70
n
•
not;c-!
o-
d«yor tt-'orrow
(Sthft 9 b)... 10-71
10(1 e.n
I'l- 1
100 8. n. 6th.. 10-1
800B,n,
500
51.100
4(10
5110
4^.700
30,300
WO
1.52.'
4.3<7
iith,.10';l
eius.n
'.C-.2
231,700
(all
a
baie«.
cts.
2 0, n'> ni'Ice t' d«» (liin)...i -76
100 s.n. i:rh.ic;7
lOOe.n. I5tb.l(-;7
20O
100 e.D
iiy.s
10-;9
10-73
no s.n. 12th.lO-74
10-71
500
101 P. n. lotii 10-15
100 s.n. 12 h.l073
10-75
400
1(10
1I.--9
lOO
10-80
2(iiis.n. llth.li ;i
-.00
10-81
101)8. n.irth. .10-68
lOOs.n.
100
6.000 total
lt-95
10-96
11-01
3,300
U-ll
Il-(i2
Nov.
For December.
100
410
20O
10-5*
100
10-SJ
lt-6S
10-63
10-5J
10-5,
600
100
10-63
6(10
10-68
100.
10- as
10-
1,>00
1,900..
400..
600.
1,1(0..
1,100..
I.ICO .
800,.
2U0..
600..
10-6J
10-64
,500
111-92
For October.
July.
For August.
May
10-14
10-S9
June
u-00
July
li-lT
August
11-14
10-93
10-73
10-66
Sept mber.
October
NovcmbeDec mb r
January
Transt. orders..
Closed—
l,4uu total
Dec.
For January.
ICO
20J
aoo
...10-60
lC-61
10-70
1800
vi-n
700 total Jan.
,
.
10-61
10-77
10-83
10-97
10-17
10-87
10-98
11-07
!'.-U
U-OJ
10-91
10-71
10-61
10-63
•o-sa
l'.'-6i
10-67
10-15
lO-SO
10-53
10-53
10-62
10-63
Firm.
Weak.
IXTi
4-84.1^
U-OI
lo-,7
10-91
10-99
11 06
10-84
10-31
11-01
11-11
11-07
10-87
10-66
10-56
10-57
10-66
11-90
lf09
irie
10-81
10-61
10-51
10-53
10-59
10-80
10-56
10-57
10-61
10-85
10 80
10 81
10-75
10-83
U-OO
l'J-97
11-09
11-12
10-91
10-71
111-60
10-6J
10-10
111-70
10-83
10-67
l')-8J
10-W
Steady.
Steady
lOJX
Quiet.
I'OX
Steady.
1011 ;<
m%
Dull.
1-81^
4-84^
4-84>^
4-84
4-84
484
IIKIH
The following exchange has been made during the waek:
15 pd, to esch.
100
May
for July.
TnB Visible Supply of Cotton,
as made up by cable and
The continental stocks are the figures
telegraph, is as follows.
of last Saturday, but the totals for Great Britain and the afloat
for the Continent are this week's returns, and consequently
brought down to Thursday evenin-r: hence, to make the totals
the complete figures for to-night (April 12), we add the item of
export.^ from the United States, including in it the exports of
Friday only:
1875.
1876.
1878.
1877.
StocK at Liverpool
Stock at London
...
Total Oreat Britain stock
Stock at Havre*
Stock at MarscUIee
Stock at Barcelona
.
. . .
Stock at Hamburg
Stock at Bremen
Stock at Amsterdam
Stock at Rotterdam
Stock at Ant-»erp
Stock at other continental ports..
714,000
1.124.000
926,000
874,000
10,000
36.T50
65,750
102,500
751.000
1,160.750
981.750
976,500
227,250
197,500
117,000
126,250
6.260
3,500
5,250
7,600
34,000
68,0C0
86,000
71,000
?,000
14.500
18,750
11,000
39^600
66,250
46.250
32,850
43,500
70,750
47,000
47,500
12,000
11,000
16,500
11,000
7,250
8,500
13,000
6,S50
9,000
15,J53
17,750
11,000
385,750
455,250
427,500
3:2,750
Total European stocks
1,133,750
India cotton afloat for Europe.... 192,000
American cotton afloat for Europe 6-28,000
Egypt, Brazil, &c.,afloat for E'rope 43,C00
633.-234
Stock in United States ports
63,558
Stock In U. S. interior ports
6,000
United State!) exports to-day
1,616,000
1,409,250
1,29'J,250
249,000
133,000
403,000
345,000
630,000
471,000
45,000
43,000
633,89-2
580,4.i9
80,968
4,000
77.750
10,000
2,9TS,S:8
2,933,459
Totsl visible supply..
0( the above, the
.
.baleB.a,605,542
totals of
American and other descriptions are
69,00"
537,491
75,805
8,000
8,863,546
as follows
:
American—
757,000
388,000
345,000
633,892
80.968
4,000
536,000
270,000
6!0,O0O
530,459
77,750
10,000
610.000
187,000
471 .000
637,461
bales. 2,117,792
Total American
Skist Indian, Bratil. 6ke.—
190,000
Liverpool stock
10,000
London stock
52,750
Continental stocks
19-2,000
India afloat for Europe
43,000
Egypt, Brazil, &c., afloat
2,-208,838
8,101,203
1,769,-206
367,000
38.750
67,560
219,000
45,000
890,000
55,750
183,000
43,000
S6(,000
102,500
155,750
403,000
69,000
4-7,750
2,117.792
765.000
8,208,S;8
829,250
2,104,209
1,094,250
1,769,396
bales. 2,605,54-2
2,973,858
2,930,4t9
8,863,54ft
Uverjool stock
CoE'dnental stocks
654,000
3-33,000
Total Bast India, ftc
Total American
on boa d)
middling or on
s tateniout
ii'Os.n. iilh..li-7i
200 s.n. lStli.;0-;2
30(1
1,700
1,000
800
7,9J0 total Sept,
6.21'0....
April
of the
Total visible supply
Price Mid. Uplands. Liverpool...
•
ctfi.
balps.
•H) s.n. lOth. 10-71
101 e.n. mh.io-'.i
10-71
100
SOO
10-86
10-87
6-28,fl(X)
533,-2f4
83 553
8,000
15.-,600
75,8f'S
8,00a
Iree
prices:
For April.
2C'0.
5!,«(10
3,-..6(10
Hi
is
eries.
51.400
826
513
COO
middling), ai.d the following
Deliv-
Sales.
sit.
40
For forward delivery, the salps (including
have reached during the wet k 284,700 b iles
bai-is of
7 13-16
8 9-16
9 1-16
9 11-16
9 11-16
200
American afloat to Europe
Otited States stock
United States Interior litocks
United States eipoits to-day
Spec- Tran- ,p^^„,
lotai.
Total
the
7 13-16
3 9-;6
600
U-13
U-;5
10-52
10-3S
..IC-Sl
10-5S
10-51
10-58
10-60
10-61
The following will show the closing prices bid for future
delivery, and the tone of the market, at three o'clock P. M. on
the several dates named:
HTDDLIN8 irPLASDS— AICKBIOAN OLABSryiOATTOlT.
Frl.
Sat.
Mon.
Tues.
Wed.
.Thurs.
Frl.
MarketHigher. Lower.
Higher. Irregular. E-isier. Irregular. Firmer.
Apr.lO. Apr.ll. Apr.13
8AL,ES.
20;
839
319
3
TneBday
Quiet
Wednesday "uiet
;ulet
Thursday
Api\
11-12
11-03
11-03
Frl.
SALBS OF SPOT AND TRANSIT.
Ex-
Closed.
Friday
8.
7 13-16
8 9-16
9 1-16
U-11
2,8'JO
-200
l;-10
Il-li2
l(!-99
Oct.
SIX)
W-«
loss
2,000.
U-09
11-01
10-!iS
4,81X)
,
100
400
700
'0-89
10-90
lC-91
'.00
11-03
11-06
11-07
11-18
11-09
11-10
UV200
lOO
12,700 total
lC-54
loo
100
1,400
100
1,100
Total continental porta
lOX
12 7-16
801
100
1.000
1,600
600
SOO
SOO
100
4J0
700.
2,700
3.100
13.700
6,000
9,000
14,000
..10-76
.10-73
ll-'.3
For September.
11-03
11-ia
11-04
ii-os
11-06
11-07
..'l-OS
84,600 total
..lC-75,
1-16
10 7-16
U
12 7-16
.1C-S9
.10-90
.10-91
.10-92
.10-94
.10-95
.10-96
10-97
11-16
11-17
30.100 total Aujr.
1101
700
700
For June.
9^
1(1
11
11
I13I
11 5-16 11 5-16 i; 7-16 111-16
7-16 ill-16
13-16 11 13-16 11 13-16 11 13-16
15-16 11 15-16 11 r-16 11 13-16
5-16
200
May.
l.'ioi)..
1.700..
1.20O..
SJO..
cts.
600..
l.'iOO..
For Novemlier.
V.-ii
10-99
l!-00
300.
10-91
10-9!
74,400 total
Juno.
bales.
For July.
10--5
10-36
10-87
H)-83
10-89
600
4.'200..
cts.
11-12
11-13
11-14
8.300...
1.800..
K-^6
900
103,100 total
15-M
9600
biles.
ct'.
11-04
11-05
3,9)0
4.600
1,110
Exchange
ORLEANS
N.
bales.
6,3J0
1.900
6.40U
7.0OJ
2,700
5,100
5.6j0
11,900
«oi.<.
UPLANDS.
rvoL. XXVI.
;3'.lj.l0-82
b.rl'«.
C
200
9.
s.n
2'J(1
lO-^2
II -f3
11-83
llWs.n
IC'Sl
Mo
20.
lO-M
It^noi otic; thli
k
1085
we
S.80J total April.
For May.
100
.ic-Ti
Our Havre stock comes
6d.
6
6«d.
M6d.
to ns to day at S27.250 bales
;
8d.
this is so large
and
nnnsnol a change that at flrst we thought there must be some eiror about itf
but we give it as received, because Ihe division of the total continental stocks
into American and other descriptions appear to conflrm it.— [Ed. Curoniolb.
These figures indicate a decrease in the cotton in sight to-night
of 368,310 bales as compared with the same date of 1877, »
deereate of 3-37,917 bales as compared with the correspondir<?
date of 1878, and a deer«ase of 253,004 bales aa compared
with 1875.
1
.
ApniL
—
—
:
THE CHRONICLE.
18. 1878.
371
—
At the Intkriok Ports the movement that is th» reoelpii refreshing showers, covering a wide area, the ralDf«ll aggre•od shlpmentB (or the week, and stock to-night, aad for the gating one inch and sixty hunlredtlis. Planting is ab)ut om>
corresponding weuk ot 1877 is set out In detail In the (ollovring pleted in this vicinity, and crops of all sorts are doing about as
well as possible. The season is very early and promising, the
•tatement.
chief danger apprehended being a late frost. Average therWeek ending April 13. 1878. Week endinij April 18. 1877. mometer 73, highest 84, and lowest 65.
Receipts. Shipments. Stock. Receipts. Shipments. Stock.
^ete Qrleant, Louitiana.— The thermometer has averaged 68
during the week.
We have had a rainfall of forty-one hun4'>2
653
8.: 93
12,958
650
«,o;6
<
—
Aagaata,
Qa
Colambna, Ua
178
138
154
2,071
7?
831
434
616
260
2,566
510
6.015
3.991
3,114
1,687
48,751
4,502
80,986
NaihTlUe, Tenn...
681
7,018
958
6,73
3,889
8,991
8,303
83,133
3,810
Total, old porta.
7,933
18,764
63,558
3.323
5,369
1.78$
1,735
3.896
2,878
1.143
1,515
553
4,193
1,333
361
18,-87
7,597
10
207
874
8,837
B07
610
Macon Ga
If uDtxomory, Aia
Selma, Ala.
Kemphla,
.
'I'cnn
40O
1,159
136
Oi)
5:6
5,010
187
til
S66
JMlaa Texar
Jefferson, Tox
109
784
3)7
1,054
Bhreveport.La
1,04U
917
8.745
aoi
Vlckaburjr,
MlM.
..
1,5«
Colombu^
Misa...
131
160
Ktifaala. Ala
Griffin, Os
lot
615
29
478
809
S9S
563
616
S,S16
8,387
5.»r3
8,385
11
Qa
Atlanta,
Charlotte,
N.C
et.Loaia, Mo.
Cincinnati,
Total,
O
new
ports
Total, aU
9,637
16,390
17,570
30,151
-i
188
104
247
4S9
2,3il
4,997
8,765
16
38
US
697
135
1,593
13
130
SIS
498
87
206
6.)8
8,?20
151
1,455
8,863
8,517
4,364
647
610
35,605
10,430
4-).075
7,510
12,755
52,897
mm
10,7«
18,n24
133,363
355
The abo7e totals show that the old interior stocks have
^leeretted during the week 5.831 bales, and are to-night 17,403
bales 2ms than at the same period last year. The receipts at the
Bime towns have been 4,703 bales more than the same week last
year.
Receipts from the
in
Pi,.virrATioss.
—Referring to oar remarks
a previous issue fur an explanati
bring the figures
down one week
m
of this table,
later, closing
we now
tonight
Receipts at the Forts.
ending—
Feb.
1876.
(
1677.
1378.
187r.
1878.
We
—
—
—
—
—
—
Stock at Intcr'r Ports Rec'pts from Plant'ns
1878.
—
;
BBCIIPTS raOX FL4MTATI0KS.
Week
dredths of an inch.
Cotton planting is making rapid proShreveport, Louisiana.
gre.^s, the weather having been mostly favorable.
Corn and
We had a light frost the early part of the
fruit look promising.
week, but no damage waa done. Average therm imeter 6 1, highest 85 and lowest 44.
have had a rainfall during the week
of two inches and four hundredths.
VieMiurg, Miisistippi. The thermometer has ranged from 49
to 86 during the week, averaging 67.
It has rained on two
days, the rainfall reaching two iochesand forty-ihree hundredths.
Columbus, Mississippi. There has been a rainfall during the
week of eighty two hundredths of an inch.
LUtle Rock, Arkansas. List week it was cloudy on two days,
with light r.iins Friday and Wednesday, the rainfall for the week
reaching forty-four hundredths of an inch. Tlie thermometer
had averaged 53, with an extreme range of 73 and 40.
Sunday, Monday, Tuesday and Wednesday of this week have
been cloudy, with slight l-ains on Sunday and Monday. The
remainder of the week has been clear and pleasant, the thermometer averaging 03, and ranging from 77 to 43. The rainfall
has been thirty luindredtha of an inch.
Nashville, I'ennessee.
We have had rain on three days, with a
rainfall of one inch and thirty-four hundredths. The thermometer
had averaged 59, thehigliest being 70 and the lowest 49.
Uemphis, Tennessee. We have had rain on three days of the
week, the rainfall reaching one inch and eighteen hundredths,
but the balance of the week has been pleasant. Plantation work
w proceeding vl:;oroualy, and corn planting is nearly completed.
Average thermometer, 61 highest 83, and lowest 47. We had
a frost on Wednesday morning, but not a killing frost.
Mobile, Alabama.
It his rained constantly one day and has
been cloudy three days the earlier part of the week, but the latter portion has been clear and pleasant.
Planting is about completed in this neighborhood and the crop is developing primisingly.
Average thermometer, 67 highest 80, and lowest 50.
have had a rainfall of seventy-six hundredths of an inch.
1876.
1
1877.
1
1678.
2. 131,379 133,374
159,156 310,662 183,340 311,491
136,878 135,533 161,667
9. 1:8,583 110,006
137,138 310,858 179,266 M0.7O3
118,778 137,0.33 133,353
;
We
—
Montgomery, Alabama. We have had delightful showers on
"
16 110.576, 130,730
iaO,09J 303,M: 174,97? 333,103 108,165 116.431 113,483
two days this week, and the inlications are that they extended
"
83. 109,676 88 068
107.670 198.563 17.!,473|336,69;, 105,793! 86,56:. 101,353
over a wide surface. The rainfall aggregated sixty-eight hunMarch 2. 86,315 68,615
91,81!> 195,596 173,178 310.935
83.243 68,3:5 73,699
dredths ot an inch. The weather the rest of the week has been
9. 78,350 60,741
90 947 I94.46J 161,291 193,465 77,849 40,835 7i,4r7
warm and dry, the thermometer averaging 67, and ranging from
"
16
65,441 44,557
$2,361 177,331 165,717 169,636
48,32; 40,993 51,435
45 to 85. Planting is progressins; finely and is neatly finished.
"
S3. 62,93i 33,366
75,723 163,38.; 153,011 146,653
43,863 24 6(50 52,740
Belma, Alabama. \Ve have had rain on one day of the week
*'
30. 69,913 30,397
65,470 146,001 151,199 131,795
41,633 33,555 50,613
just closed. Planting is making rapid progress, and the weather
April 5. 55,904 26,387
59,886 133,495 140,619 119,991
43,393 15,737 43,083
has been very favorable.
"
13. 41,6-0 21,133
3 ',889 13,897 40.033
51,391 130,164 131,363 108,633
Madison, Vtoriia. It has rained on one day this week, the
Total. 930.518 761.295 1.044.114
rainfall reaching three inches and twelve hundredths.
84.%517'699.676 910.731
The therThe Interior stocks January 35 wore, for 1376, 8J5,16i bales: for 1377. mometer has averaged 68, the highest being 70 and the lowest 60.
lS5.0ffi bales; for 1878, 213,(ilS bales.
Maeon, Georgia. Rain has fallen on one day this week. The
This statement shows ua that although the receipts at the ports thermometer has averaged 70, the highest being 79 and the lowest 4:3.
Planting is making good progress.
the past wiiek ware 51,391 bales, the actuxl from pUntatioaa
Atlanta, Giorgia. Telegram cot received.
were only 40,033 bales, the balance being drawn from stocks at
Columbus, Georgia. It has rained one day this week, severely,
the interior ports. Last year the receipts from the plantat'ons the rainfall reaching seventy hundredths of an inch. The thermometer has averaged 86. Planting is making good progress.
for the same week were 13,897, and for 1878 thay were 39,289
Savannah, Georgia. We have had rain on two days, the rainbAles.
fall reaching three inches and fifty-two hundiedths, but the
balance
of the week has been pleasant. The thermometer Las
Wbatiibr Reports bt Teleorapii.—Fine rains have fallen
OTCr a very large section of the South the past weak. Texas (in ranged from 47 to 80, averaging 08.
Augusta, Georgia. We have had two days of heavy rain the
which State tht-y had begun to complain of dry weather) now first part of the week, the rainf.ill reaching two
hundredths of
reports the crops everywhere in splendid condition. Elsewhere an inch, but the latter portion has been clear and pleasant. [The
^ood progress is being made in getting in the seed, and where it rainfall here given is undoubtedly erroneous Ed] The
weather has been favorable and planting has made good prois in, the development thus far has been satisfactory.
gress. The thermometer has ranged from 40 to 88, averaging 67.
Oalnetton, Texas. It has rained hard two days of the week, the
Charleston, South Carolina.
It has rained heavily on three
rainfall reaching three inches and forty-five hundredths.
We days of the w. ek,the rainfall reaching five inches and eighty-six
have had delightful showr-rj during the week throughout the hundredths. The thermometer has ranged from 40 to 78, averState, doing iminenie good. Crop accounts are more favor.ible aging 65.
TlTe following stitement we have also received by telegraph,
everywhere, and in the Southern portion corn is two to three feet showing the height of
the rivers at the points named at 3 o'clock
high, and cotton has four to six leaves. The season is very early April 11. We give last yeai's figure8(April 13, 1877,) for comand promising. Average thermometer, 09 highest 78, and low- parison:
—
—
e^
—
—
—
—
—
—
—
;
est 54.
Teza».—We have had rain on two days, which has New Orleans.. Below high-water mark
Memphis
Above low-water mark
been very beneficial. The cotton plant looks strong and healthy, Nashville
Above low-wator mark
Shreveport.
...Above
low-water mark
•nd the corn crop is developing promisingly. The thermometer Vlcksborg....
Above low-water mark
Indianola,
has averaged
The
74, the
highest having been 90, and the lowest 58.
rainfall has reached two inches and eighty hundredths.
Vorsicana, Teavw.— There have been delightful showers here
during the week on two days, extending over a wide surface, the
winfall aggregating one inch and thirty-six hundredths
The
thermometer has ranged from 44 to 89, averaging 05. It is
thought that grain crops are now assured. Cotton planting is
About completed in this vicinity.
DaUat, 2Vza».—.Rain has fallen on two days, delightful showers
and apparently of wide extent, but hardly enough; another
will
be needed
a week. Wheat i$ very promising.
Corn is growing rapidly, and cottrfn planting will about finish
next week.
Average thermometer 65, highest 88, and lowest 45. The rainfall has been ninety five hundredths
of an inch.
Brenham, Texas.— U has rained on two days during the week,
m
.-April
Feet.
4
:i. '78.-.
Inch.
8
.-April
K'euu
5
30
34
IS
10
II
1
15
81
9
17
8
S3
13, 7?
,
IncD.
4
8
4
5
New
Orleans reported below high-water mark of 1871 until
Sept. 9, 1874, when the zero of gauge was changed to high-water
mark of April IS and 16, 1874, which is 6-lOiha of a foot above
1871, or 16 feet above low- water mark at that point.
COMP.'^RATIVE P0RTRECEIPT3
A comparison
AND
movement
D.VILT
CROP MOTBMENT.
weeks is not accurate,
as the weeks in different years do not end on the same day of the
We have consequently added to our other standing
mouth.
tables a daily and monthly statement, that the reader may constantly have before hio) the data for seeing the exact relative
movement for the years named. First we give the receipts a^
ending to-night.
each port each div^r o| tUe
of the port
v^
bjr
—
THE CHRONICLE.
372
PORT RECEIPTS PROM SATPBDAY.
APRII.
New
6. '78,
TO FRIDAY. APRIL
ves-
Nor-
Wilming-
ton.
foll£.
ton.
Gal-
Days of
Or-
Mo-
week.
leans
bile.
Saturday
403
639
Char- Sayannah.
leston
4T0
340
911
Egyptian Cotton.
12. '78.
All
others
1.095
Total.
March 15
3,730
694
B65
1,109
1,7.S5
1,315
199
2,178
11,515
Tuesday
1,495
1,395
816
454
633
1,976
4i
2,913
9,724
Wednesday..
5,328
101
442
253
713
1,310
101
1,48J
9,790
Thursday....
355
202
289
5:3
46«
1,683
49
1,156
4,729
Total
8,919
689
508
601
689
997
204
3,309
9,816
3,670
2,980
3,430
5,143
9,324
619
1J,133
51,391
September
1
since
to October 31, as follows:
Bales.
Stock in Liverpool and afloat
Shipnienls, March 15 to October
31
llO.noO
35,000
..
Total
145,000
The average weekly
deliveries
home consumption and
for
weeks between March 15 and October
If only 4,400
were 4,976 bales last year, and 4,C83 in 1876.
bales were taken this year, the entire supply would be exhausted
by the end of October, 4,400 bales per week being 145,200 bales
export, in the thirty-three
31,
14,32i!
The movement each month
follows
the Liverpool Po)t
an Alexandria correspondent, under date of March 16,
estimates the supply of Egyptian cotton for Great Britiin, from
IT
5,
Monday
Friday
— The cotton editor of
Vol. XXVI.
states that
S4
1,683
I
haa been ae
for thirty three weeks.
or 115,500 in all, there
:
week
If only 3,,500 bales per
would
are taken,
remain only 39,500 bales in
still
and 54,960 in 1870.
-According to our cable despatch received
to day, there have been 10,000 bales shipped from Bombiiy to
Great Britain the past week and 29,000 bales to the Continent;
while the rece pts at Bombay during this week have been 36,000
bales.
The movement since the Ist of January is as follows.
These are the figures of W. Nicol & Co., of Bombay, and are
brought down to Thursday, April 11:
stock, against 53,C00 last year
Bombay Shipments'.-
/—Shipments since Jan.
Great
Ct)n-
,— Shipm'ts this week—,
Con-
Great
Britain, tinent.
20.000
SROilO
ll.OOO
1878... 10,000
nxw
1877....
1376.... 54,000
This statement shows that up to April 1 the receipts at the
more than in 1870 and 144,143
bales more than at the same time in 1875. By adding to the
ports this year were 167,233 bales
we shall
movement for tlie
totals to April 1 the daily receipts since that
be able to reach an exact comparison of the
time,
different years.
1877-78.
1376-77.
1875-76.
1874-75.
1873-74
1872-73.
Tot. last of Mar. 3,901,835
Receipts Apr. 1
15,764
Receipts .Spr. 2
9,834
6,643
Receipts Apr. 8
3,734,592
3.757,683
3,185,434
3,375,908
3,02M64
8,735
Receipts Apr. 4
Receipts Apr. 6
Receipts Apr. 6
Receipts Apr. 7
Receipts
Receipts
Receipts
Receipts
10,433
5,976
6,901
7,398
5,160
8,003
8,350
7,639
7,931
6,277
15,839
4,836
7,034
14,158
3,033
9,676
8,578
S.
5,817
4,915
4,483
8,487
12,987
S.
3,164
10,114
6,045
8,291
10,996
6,411
S.
S.
5,639
4,485
7,694
6.967
9,724
5,973
S.
7,523
6,813
10,928
9,790
4,106
10,675
5,319
5,842
5,27i
4,739
4,484
6,138
S.
6,637
9,5'.)3
9,8 le
3,347
6,639
10,104
4,004,735
3,779,388
3,813,116
3,251,fi66
11,515
Apr. 11
Receipts Apr. 12
13..
11,214
S.
S.
5,114
Apr. 8
Apr. 9
Apr. 10
Total April
4,505
5,311
Per ct. of total p<)rt receipts
S.
S.
—
,
Receipts
Since
Jan. 1.
Total.
39,000
Britaln.
154.000
19 1,000
tinent.
215.000
169,000
3fi!).0U0
4:>,000
65,00)
;93,OJ0
13-i,000
3J5.0a0
Total.
86-2,000
475,000
517,000
473,000
3«,000
66,000
59,000
Prom the foregoing it would appear that, compared with last
yew, there has been a decrease of lO.OOO bales in ths week's ahipments from Bombay to Europe, and that the total movement
since January 1 shows an increase in shipments of 7,000 balee,
compared witn the corresponding period of 1877.
Gunny B.^^gs, B.^gging, Etc. Bagging has been in rather
better request since our last, though the inquiry ia still rather
smill and only for jobbing parcels. Tl;ere is no ch nge to note
in prices, iind holders are steady in their ideas, and do not care
about accepting lower than quoted figures, which are 9f@9fc. for
Batts have conli.;ht weight, and lO.alOJc. for prime quality.
tinued to rule quiet, and we do not hear of any large parcels
moving, the demand being of a jobbing description. Quotations
—
are as last reported, holders
parcels.
asking 2|c., currency, for spot
still
The Exports of Cotton from New York
this week show a
last week, the total reaching 8,780
Below we give our usual
bales, against 10,021 bales last week.
compared with
decrease, as
table showing the exports of cotton from New York, and their
direction, for each of the last four weeks; also the total exports
and direction since Sept. 1, 1877; and in the last column the total
for the same period of the previous year:
Bxportsol Cotton( bales) from Netv Vork ulnceSeDt.1. 18TT
Same
WSXK NniKa
93-59
91-70
93-98
.3,456,918
90-87
,
This
week.
5.149
3,113,975
Total
85-28
to
date.
Mar.
30.
This statement shows that the receipts since Sept. 1 up to
to-night are now 225,347 bales more than they were to the same
day of the month in 1877, and 161,319 bales more than they
were to the same day of the month in 1876. We add to the last
table the percentages of total port receipts which had been
received April 13 in each of the years named.
Tre Flax Bagging Question. There seems to be a very
proper efiFort making to drive out of use tlie new style of
the menders call it " horse-manure bagging"
flax bagging
which has appeared to some extent on cotton this year. We
have received a circular, signed by a large number of Massachusetts c.-itton mills, protosting against its use. The bagging is
full of pieces of straw, which easily detach themselves and
become mixed up with the cottoj so thoroughly as not always to
be knocked out in the picker, and are often carried into the
cards ad cause troub'e. This is a very serioua objection. But
besides this, one of our most prominent shippers informs us that
some of their shipments to Liverpool hav- been found on
arrival to be stained black under the bagging, necessitating
heavy bills for picking and mending. We notice that the Massachusetts spinners' circular we have referred to also speaks on
this point, claiming that the cotton is always badly stained
where this bagging, when wet, touches it. Still another objection to its USB is its less cost as waste. It is worth from 1 to
li cents per pound, while other bagging brings from 2i to 4
This latter point is of more importance to the American
cents.
-spinner, because he buys his cotton gross weight and pays gay
—
—
—
10 cents a pound for the bagging.
It seems to be quite important that early action be taken by all
the exchanges, and especially those of this city and Liverpool,
by this bagging shall not be considered a
good delivery on contract. With such a check on its currency,
t would soon pass out ol use.
BO that cotton covered
1.—,
Cilverpool
13,667
Mar.
April
April
27.
3.
13,128
10,
7,990
Other Bntiah Ports
Total Co Gt. Britain
l-i,667
13.138
7,99J
8,093
170
259,815
1,987
7,394
8,'J68
261,603
266,781
4,973
7,382
366
:oo
Other French
period
prev*U8
year.
259,387
115
portft
VAtal Prencli....
100
Bremen and Hanover
934
5,(88
7,382
2U1
160
203
:o
16,487
4,»5!
9,748
2,226
10,18-2
1.686
1,«65
512
31,6-26
13,560
2',393
'266
366
236
1,464
Hamburg
Total to N. Kuropo.
931
526
%>aln,Oporto&aibraltar&c
411
others
Total Spain,
2,398
200
30.1.714
-287,923
dec
Grand Total
13.-;
01
13,354
10,031
8.760
are the receipts of cotton at New York, Boston,
tuladelphiaand Baltimore for the past week, and since Sept. 1, '77:
The following
KSW TOBK.
PHILAt>KLJ>'lA
BALTmOm.
This Since
week. Sept.1.
This Since
week. Sept!
BXOB'TS raoH
This
week.
Mew
Orleans.
Texas
Savannah
Mobile..
...
Florida
3'th Carolina
Since
Sept.
1
3,549
147,57it
2,851
1,701
61,803
130,087
This Since
week. 8ept.l.
369
16,85J
8,310
26,827
1,236
401
4,660
19,978
1,357
47,605
895
"17
790
887
S'th Carolina
Virginia
Nonh'rn Porte
Tennessee, &c
Foreign.. .
4,744
814
4,573
55
Total this year
18,893
Total last year.
8,521
1,242
5,552
93,923
60,739
161,704
16
911
53',f25
6B4
291
436
325
iio
9,'805
350
16.
81
18,
83,662
92,931
1,350
34,816
780,117
6,150 28J,86-2
2,995
59,470
2,512138,902
826,396
10,125 380,445
653
49,769
I,r67ll06,n0
1-2,972
1,800
117,-!95
8,363
3,458
Shipping Nkws.— The exports of cotton from the United
States the past week, as per latest mail returns, have reached
So far as the Southern ports are concerned, these
05,893 bales.
—
:
April
THE CHRONICLE
18, 1898.J
are the same exports reported by telegraph, and publislied in
Thb CnilONici-K, last Friday. With regard to New York, we
Include the inanifeBta of all veaeela cleared up to Wednesday
nlKbt of tUlx week.
Total baler.
Saw YoR«— T"
Uopernicna,
Liverpool, per stoamors Germanic. 1,003
WyiiliiL.'. I.am .. Erin, aii .. Holhnla, 506... Baltic,
p.r-hiD" B>ll ctiuryl.', 60''....h'alad, l,i66
8MI
To Hull. |iir pt iimcr Olhello, 170
1 R'll
To Bririu'ti, per ftcimT Uen. Werder,
To llnml nri', iirr sliatniT KrUI«. 3Pil
To KiiitiTdmii piT meamer P. Caland.
8,093
I'D
Oiu.K^N!'-
I'l)
...
1,715
April delfveiv, 5 15-l»d.
17,916
4,025
1,011
4,8:5
8,173
2,010
I,J70
14,309
Mar. -Apr. Khipm't.
S,4I8
May-June
N. Orleans. 1T,91S
Mobile ... 4,875
4,025
Charleston.
1,270
2,
7,462
2,173
10
...
6,057
S,97»
817
2,106
1,011
5,736
11,032
8,845
211
4,139
6,037
New
1,011
42,7!-8
95,363
York, 170 bales to Hull and 50
Below we give all news received to date of disasters to Tessels
carrying cotton from United States ports, etc.:
-^^ f LEBTWOOD. March 21.— Five bales of cotton, of the following marks,
beach between here and Blackpool, viz
>u the
"PN—
:
5';
"12S8. 80
AC-26"; "RCN AC 22"; "HN AC 28 JN 861
1065";
AC i."!— 27.5". Another bale, without mark or number, has
also been picked up at sea by a fishing-beat and landed here. All six
bales are lu the p issession of the Receiver of Wreck.
Ekolasd. str. (Br.), Thompson from New York, while doctint; at Liverpool,
April 8, collid d with bark Nonantum (Br.), from New Orleans.
Wisconsin, btr. (Br), from New York, arrlvea at Liverpool, March 24, with
K
"PN
N.
delivery. 5 29-32d.
June-July delivery, 6 31-:j2d,
July-Aug. dellveiy, 8d.
April-May shipm't, sail, 6d.
Liverpool.
Steam.
— Havre. — — Bremen. —
Steam.
.
Sail.
d.
,
Sail.
c.
comp.
—&H -(815-64
— @V —@I5-64 comp.
—(8)i —(8'3-64 comp.
—(8>^ —©15-64 comp.
Thnr'dy.. —@V — @15-l)4 comp.
Friday... —
15-64 comp.
Steacs.
c.
— (8>i
—(a?i
—^Ji
H cp.
H cp.
% cp.
a cp. — @Ji
a cp. —(aji
a cp. —&H
Steam.
Sail.
c.
c.
'/t
X
comp.
comp
!li
Ji
Mi
X a
U-lo comp.
Sail.
e.
c.
« H
%
H H
11-16 comp.
11-16 comp.
11-16 comp.
11-16
11-16
;
,— Hambarg-^
,
.
comp.
comp.
comp.
comp.
comp.
comp.
—
—
—
—
—
—
—
Total.
bales to Itotterdam.
have been picked up
May-June
Cotton freights the past week have been as loUows
EOROPBAN CorroN Makksts. In reterenco to these markets,
our correspondent in London, writing under the date of March
30, 1878, states:
—
LiVBBPOOL, Mar. 33. The following are the current prices of
American cotton compared with those of last year:
craiik-sliifi brok--n.
G»RD.N«B, -tiip (of Yarmon'h, N. 8.), from Galveston, Feb. 1, for Liverpool, beftire repuried, was abandoned March 11 in lat. 47 52 N., lun.
SO 07 W. J-he commenced leaking Feb. 18, and on March 8 the vessel
& K.
date
Mid.
— Q.&Fine— ^Same
Good.
1877.-I
^Ord.* Mid-, ^Fr.& Q.Fr.^
8ealslai;d..l5>i
17
14
Florida CO.. 13
G.O.
Ord.
Total.. .60516
delivery, 6 29-32d.
Apr. delivery, S S9.32d
Sept-Ocr. delivery, 6>tfd.
Oct.-Nov. delivery, 6 3-32d.
95,863
8,212
3,773
3,717
1,913
1,860
Included in the above totals are, from
May-June
lfi,3l2
1,397
1.5.'.0
Apr. delivery. 57gd.
I
Aug.-Sept. delivery, 6 l-16d.
Monday..
Tuesday.
Wed'day.
7,048
3,280
2,033
8svannab..l4,'<0')
Texas
.\i65
Baliimorc.. 2,111
Boston
)i.7n
PblUdelp'a 1,913
Aug.-Sept. delivery, 6 l-16d.
SepU-Oct. delivery, ti>id.
I
delivery, 5 1.5-16d.
delivery, 6 l-32d.
July-Aug.
Saturday.
8,780
4t>!|
8- 2d.
delivery. 5 31-.i2(S15-16d.
Fbidat.
1,913
&
Vera
CronHamHavre, bnrg. Kevel, stadt, Trieste. Cruz.
Cork.
May-June
June-iTuly delivery, 5 3l-b2d.
Aug.-Sept. delivery, 6 l-16d.
July-Ang. delivery, 6d.
(8Ji
Liverpool.
.
8,09S
Aug. -Sept. delivery. 6
1-!
TntnisDAT.
d.
•re as follows
Bremen
Mar. shipment, sail, 6d
Apr.-May shipment^ sail, 6d.
15-!fid.
April delivery, 5 29-3*d.
.
particulars of these shipments, arranged in oar asaal form,
New York
l-32d.
15-16d.
,I»ne-July delivery, 6d.
July-Aug. delivery, 6 1-32(86(36
Aug.-Sept. delivery, 8 l-16d.
Sept.-Oct. delivery, 6>id.
Pbiladblpuia— I'o
Tetal.
«d.
1
Wei>nesdat.
Apr.-May delivery, 5
May-June delivery, 5
3,7n
Liverpool, per steamers Pennsylvania, 45. ...IlliIndiana, 627 (omitted previously)
....per ship Quebec 889
sail. 8 l-16d.
Apr. delivery, B 15-16d.
1,360
nois. 45V (omii'ed previously)
delivery, 5 Sl-82d.
Auir.-Sept. delivery. hxai-SSd.
Apr.-May rbiiiment. run, 6 1-lM.
April-May delivery. 6 is-lnd.
June-July delivery, 6dJuly-Ang. delivery, « I 32d.
Sept.-Oct. delivery, 6 5-32d.
delivery. 5 31-S2d.
June-July dellveiy. 6
630... Algerian, 1,499
Java, 1.588
May-June
June-Jnly delivery, 6
-2,033
693. ..Andala^ian,
Livcrpt'Ol, per steamers Moravian,
1,203... Sardinian, 187 ana 3S8 base
l-16d.
Sept.-Oct. delivery, HS-16d.
6d.
Apr.-May delivery, 5 29 .32d.
Juno-July delivery, 5 31-32d.
5.S65
1,550
1,397
....
f..r
31 -^Sd.
5 81-32®6d.
Jn!:e-Jnly delivery, 6 l-32<%l-16d.
Jnly-Ang. delivery. 6 M6®v3Jd.
Aug.-Sepl. delivery. 6>i®.V.32d.
Apr.-May
7,461
8.974
6,057
2,118
217
15-16d.
3:-32d.
TtTIBBAT.
60
I.lvor|>Oiil,
Apr.-May delivery. 5
May-Jane delivery, 5
Jnly-Ang. delivery, 6
Sept. -Oct. delivery, 6)id.
Anr.-May delivery,
May-June delivery,
To Bremen p r cteamer >HUtmore. I,8i0
Boston— To i.iverpjol, per eteamers Bavarian,
The
B I5-I6d.
Apr. delivery, 5
Baltimiire— To
...
June-July do'lrery. Od.
May-June dillvery,
WO
ordirs, pi-r hark Mizpah, 1,551
Il'ivrc per echooiter Hector. I,3'i7
Cork,
Apr. delivery, B 29-32d.
June-July delivery, 6 31.3"ld.
Tuly-Aug. delivery, 6 1-3M.
Ang.-Sept. delivery, fi l-16d.
809
60
.
To
To
HOWDAT.
160
per HcHmcreOberon, 2,S4a....Delamble,
Jamaican. 9,400 ...per
3 'IDii
.Ariel, 1116
TheK'iilia <.(iSl
»irp Qiu'i'ii ot India. M61.. per bark Atlnntlc, 1,818
ToO.irk. p-.r bark Vii'iirijlB. 4.025
Rolne de» Angu, S,.')76
To Havre, per hark? Mary Durkcf, 2,936
... Honrielte, -i.lM
To BriinuMi. per 'hip Annie Blnsay, 3,974
To Bevrl, per ftcauur Sonlh Tynu, 4,«d0....pLT bark Veteran, 1,197
To (^rcnstadt, per iwrk Peno, 4,108
To Trifst-. p,r hark Lord CLirendoB, v!n
To Vera I'mz pir eieam,!r Oily of Mexico, 1,011
MoBiLa— To Livcrnool, per ehip William, 3,560... per bark Carmen
Loui-a, 1 Mi->
T* Havre, per bark Orion, 3,18
CiUBi-BSToN— lo Liverpool, per Bhlp N. Moiher, 1,900 Upland and 110
Sea Inland
To Cork. for<Tder8, per bark KrllDr. 1,870 Upland
CaraBatannah— Tu Liveipool, per ships Theobald, 3.315 Uo'and
per barks Condor, J,93l Upland and 48 Sea
van, 4.719 Uwiand
Island. .. Wild Hanter. 3,2-iB Upland
To Cron>udt, ler bi'kLynct, J,0S3 Upland
Flonri M. Halbert,
TaiA»— To Liverpool, per barks Norwi'giaa, 3,550
Naw
373
Upland
4 15-16
Mobile. ...4 15-16
Texas.... 5 1-6
Orleans. ...5 1-16
5X
.
Fair.
,
20
18
15ii
16%
18
L.M.
Mid.
19
O.M.
24
—
20
18
16
5 15-16 6 5-16 6Ji
5 15-16 6 5-16 H%
6 1-16 6 7-16 7
5 7-16 5 13-16 6 3-18 6 U-16 7)i
23
19
17
O.M.
Mid.F: Mid.
5Ji
6H
6)i
5>i
6K
5X
6 :J-I6
6 3-l(i
8 5-16
M.F.
8>i
6 7-16
7
7
6X
7X
8 1116 1}i
Since the commencement ol tbe year the transactions on
speculation and for export have been
.—Actual exp.from
Actual
:
&
r-Takenonspec. to
American
W.
EC.
India, ifcc
India, Ac.
Toul
Liv., Hull
other exp'tfrom
outports to date—.
U.K. in
1878.
1877.
1877.
bales.
hales.
bales.
1877.
1876.
bales.
bales.
bales.
19,120
67,350
12,670
20,670
100
20,140
60,160
37,901
n,8fi8
650
260
8,535
l,li73
2.689
19,0i0
31,197
116.450
Ii.230
22,410
13,370
272.960
56,136
437,420
Brazilian
Byyptian. &c.
this date-,
1878.
4,470
1,940
25,530
knocked over on her broadside, and the cotton having beoome
satnraitd wiih water, she woaid not tight, and on the 14th was abancotton-laden vessel,
doned with eight feet nf water In her hold.
supposed lo be the N. & E. Gardner on fire, and burnt nearly to the
water's edae. was passed March 1.'. in lat. 49 N., Ion. 29 W.
NoBANTUii, bark (Br), McWhorter. from N-w Orleans, while docking at Liverpool, .\pril 8, to lided with tteamer England, from New York, and
received some damage.
Pbtir RoiiLiND, b irk.— the loose cotton, ex Peter Rohland, from Savannah
for Bremen, r. alized, at public auction at Terschelli&g, about £5 10s.
121,130
10,510
400
16,740
83.690
68,315
tM
l,T6ii
wa<*
BRE ADSTUFFS.
A
C. C.
per set) kilos.
OLSON, brig.— B'irk Viking (Br.) arrived at
SI. I'homa:-. having on board the cargo of
Mohi c, which put into tit Thomas lu distress and was there con-
demnvu.
LITKKPOOL, April 12— 3;30
P. M.. April 12, 1878.
—
loUowg
:
March
Sales of the
week
bales.
Forwarded
Sales American
of which exporters took
of which speculators tuok
Total stock
of which American
Total Import of the week
of wh ch .Viourlcau
Actuil export
Amount
ad, >at
of which American
The followinic
Si^t.
Mid. Upl'ds
Hid.Orl'ns
table will
22.
March
April 5.
29.
46.000
11.000
35,000
3,000
2,000
43,000
11.000
84.000
3.000
2.000
7-30,000
7.36.000
662,000
86.000
62,000
8,000
297.nP0
817,000
55i,000
61,000
35,000
6,000
842,000
256,000
April
12.
50,000
10.000
66,000
3:i.nco
55,00('
4,000
l.OOO
766,000
580,000
81,000
71,00(1
5,000
SiS.OOO
243,000
ll.CXKI
4,0€0
7.0.)0
741,000
551,000
WO, 000
ai.oai
6,000
855,000
263.000
show the dally closing prices of cotton for tiie week
Fn.
Thnrs,
Men.
Tnea.
Wed.
8atnr.
@5
^8
15-16
8-18
..^6
..las 13-16
..®6
..@6
..^
..HtH
..®(>ji<
3-16
These n]e» are cm the basis of Upiands,
Low Middling
.-t^SX
Saturdat.
d. livery. 5 29-32d.
lellve y, 5!td.
May-Juiic delivery. 5 15 16d.
June-July delivery. 5 Hl-:iid.
Jnly-Aug. delivery, 6aii l-32d.
Aug.-Sept. delivery, 6 l-16d.
May-'une
..06
..^V
danse, unless other-
wise statsd.
Apr -May
The leading prices for common shipping extras
been i5@5 15. Today, the market was dull and weak.
The wheat market was depressed, and prices of Milwaukee
spring decUned to |1 21 for No. 3, $1 26i (or No. 2 and |1 31@
$1 32 for No. 1. There were also sales of No. 1 red winter at $1 38
(gfl 37, and No. 1 white at $1 40 but yesterday ih^ro was some
recovery, with sales of No. 2 Milwaukee at $1 27(ai^l 28, No. 1
Holders have been
do. at $1 33 and No. 1 red winter at $1 88.
pretty firm. The season for sowing the spring crop iu the Northwest has not been favorable. Snow has fallen in the past week,
and winter wheat in
e more noithern latitudes suffered from
tion of stocks.
P.M.— Bt Cablr FBOM Livbb- have
Eetimuteel sales of the day were 8,000 bales, of whicb
Of to-day's sales
1,000 baled were for export and speculation.
6,1S0 bales wure American.
The weekly movement is given as
POOL.
Apr.
Friday.
There has been a dall and drooping market for & >ur throughout most of the past week, but latterly there is a steadier feeling
apparent. The fluctuations in tone have been caused by the
varying aspects of European politics. Receipts and production
Ams'erdam, March 28, from
the brig C. 0. Colson, from continue large at all points, but there is no important accumula-
delivery, 5 29-32d.
July-Aug. delivery, 6d.
Aug.-Sept. delivery, 6 l-38d.
;
t'.
the recent severe weather.
Receipts continue very large at the
To-day, liie market
West, but stocks are nowhere excessive.
was dull, and spring grades lost the Improvement ol yesterday.
Indian corn declined materially under excessive supplies. No.
2 mixed sold as low as 52J353C. for new and 57c. loroM steamer
mixed at 501@51c. and No. 8 at 47i:348c. There was a good
demand for Southern and Jersey, white as well as yt How, and
prime brought 56c. There has been some recovery in WestArn
Today, the
mixed, stimulated by a good general demand.
;
market was a shade
Rye
easier, but
more active.
wag firmer and more
declined, but yesterday
active at
—
:
;,
;
1
THE CHRONICLE.
374
and 76@78c. for No. 1 State and
Barley was active, some 75,000 bushels No. 1 Canada
Belling for export at 70c. in bond, with a moderate business in
Western feeding at 49e. For home use, malting barley has been
dull, but No. 1 Canada brought 8oc., duty paid, and six-rowed
for No. 3 Western,
73(ffi73ic.
Canada.
fVoL.
add
Wheat,
store at New York
store at Albany
store at Buffalo
store at Chicago
In store at Milwaukee
Cn store at Daiuth
In
In
In
tn
Oats were active to-day for export, about 100,000 bushels No. 3
Western being taken for France at 34i@3u}c.,in store and afloat
but this demand subsided, and prices gave way rapidly. The
market to-day was steadier. No. 3 graded closing at 33ic. for mixed
and 34c. for white.
The following
are closing quotations:
ITLODB.
No. J ^_Saperane „._»_
State
&
.^
Weei
{3 83a
3 85
(iSAIN.
No.Sspring
No. 1 spring
ern
4 253 4 75
3ttra State, &c
5 053 5 20
Western Spring Wheat
00^5-20
extras
5
do winter X and XX..
5 40 r, 6 60
6 irtg 5 35
doXXandXXX
do Minnesota patents..
Cityshipping extras.
aiy trade and famll;
brands
Soathern baliers* and familyorands.
Southern siiipp'g extras..
Sye flonr, saperflne
Oornmeal— Western, *c.
Corn meal— Br'wine, &c.
Red Winter,
Amber do
6 00 tt 8 fiO
5 OOJ d 10
6
253
6 53
5 503 6 75
5 I5r(t 5 40
.3 102 4
10
8 25:^ * 65
3 05® 3 15
— Wesl'n
isa
1
21
1
2<ii
1
-iii
a,
1
]
,
White
Corn
81
608,151
1
sTa
1
1
33 i
1
1
mixed
t
41-1
do Bteiraer grade.
51®
Southern, yellow, new..
5:)(t
;
Rye
Oats— Mixed
White
71
Barley— Canada West...
7Ha
683
a
sm
a
State, 4-rowed
—State
Barley Mai t
...
.
Canadian
Peas-Canada.bond&free
1
68
65.3
Oil®
83,1
.30,
-Mar.
2.3.
Mar.
16,
Miir.
H
Mar.
Feb.
u«
New York
1878
1878
1878
.
.
.
9.1878
3,1879
2.3,
April
7,
.
.
1818
1877
,
867,'385
417,994
151,9)5
325,u00
Iu5,964
25,063
50i,5s0
396,016
3,653
130,000
475,581
265,031
5,891
17,831
48,919
121,851
811,000
180.633
99,193
61,346
.36!, 670
1,.367.C69
1,302,464
125,000
2,031,197
100,000
7.211,552
7.752,209
7,563,449
8,051,079
8.211,013
8.613.262
e,451,.3SO
S9.6ii0
,
Total
Mar.
61
6i
78
31
M7
KS
65
75
H5
10
3.'®
State, 2-rowed
i
35a
31
s"
40
45
9).931
1,253,015
3,802
Barley,
bush.
bush.
382,592
173,500
78,453
536,504
403,609
85,910
82,403
11,549
II'S.IIS
102,020
1 in,5!i5
In store at Detroit
In store at Oswego*
tu store at St, Louis
[u store at Boston
In store at Toronto
In store at .Vtontreal, April 1,.
In store at Philadelphia*
In siore at Peoria
In store at Indianapolis
In store at Kansas City
..
Eat. afloat in
842,761
92,900
63,400
211,203
40,131
702,61)4
Instoreat Uultlmore
Rail shipments, week
Wheat—No.3 spring.baBh
|
Oats,
bush,
665,840
315,971
.
I
bbl.
V,„__.
Corn,
bush.
39.8!;0
Instoreat Toledo
State 70c.
bash.
1,561,133
XXVI.
7.081,318
J,728,16a
126,214
31.335
3,073
2,008
255,000
13,(100
87,167
161,913
13,092
12,096
7!5o6
15,267
2,93»
2.5,595
2,873
143,0O>
45,377
I'.JOO
ii.'csi
5,934
636
2,809
440
463
.323,618
48,407
150,060
80',n7
2,258,413
2,366,551
2,581,133
2,892,392
3,342,983
2,173,578
.,,,.„...,
1,415,211
2,223,965
513.302
595,879
6)1.133
621,633
681,864
629,098
200,000
2,253,673
2,5il,(25
2.5.;9,35:l
6,6-.0.5-i3
2,676,6-24
6,433.182
6,311,819
8,0115,422
5,527,811
8,611,1136 10,041,U69
2,655.311
2.815.722
2,913,793
2.670,30«
6n8,5U
798,626.
* Estimated.
THE DRY aOODS TRADE.
The package
Fridat, p. M., April 13, 1678.
trade has b;en only moderate the past week, yet
there was a steady hand-to-mouth
demand for seasonable goods
by Western and Southwestern jobbers, and con.siderable sales of
BECXIFTS AT HIW TOBK.the most staple fabrics were made to California buyers for .trans-czposTS raoH Hcw york.Same
1378.
1878.
portation by sailing vessel. Business was Irregular with jobbers,
Since
time
For the
For the
Since For the
J^lnce
owing to the unfavorable condition of the weather but a fair
Jan. 1.
1877.
week.
week,
Jan. 1.
week.
Jan. 1.
6^9,516
Plonr, bbl..
74,511 1,141,508
42,;56
S5,r,61
331,2-5
715,93!
aggregate distribution was effected by most of the leading houses.
6-2,34J
70.851
",'48
6 ',772
4,813
57.2:8
6.760
C. meal, "
55f,,3lU
f9!),3l9 11,3^^,760 av ,90
Wheat, bos. 8S8.850 lJ,340,7o8
l.STO.l 6
The print-cloth market was unsettled by the reported defalcation
"
7'.!,-!S9
5,951,733 4,55;,845
2tJ8.176 4,ti58.!i3S 464,
Corn,
4 5,0:5.1.59
of the treasurer of one of the Fall Rivar Mills, and prices receded
"
137.413
705,^96
1 S3, 113
l,0M5
Bye,
8 U 69T
808. '.89
8,160
8n3.6'iS
66,8)3 1.64'1.071
26,413 l,U9i.8il
Barley. "
lil,is8
a trifle, but otherwise cotton goods were fairly steady in first
128,614 1,767,462 l,tl5,U85
724
fc2,(i07
OaU...."
44,606
ei-suo
hajds. There was some pressure to sell spring woolens, and fairly
The following tables show the Qraln In sight and ihe movelarge lots of light-weight cassimeres and cotton-warp worsted
ment of Breadstuff's to the latest mail dates:
coatings were disposed of at low figures by agents and jobbers.
KBCBIFTS AT LAKE AND BIVKB PORTS KOR THB WRKK RNr)l^fi
Foreign goods were offered in large quantities at auction, and a
APRIL 6, 1878, FROM DEC. 31 TO APRIL 6, AND FROM
AUG. 1 TO APRIL 0.
gale of 3,000 pieces Paris Oold Medal dress fabrics and 3,009
Flour,
Wheat,
Cora,
Gets,
Barley,
Ryi. pieces Lyons and Zurich silks, of the importation of Messrs.
bbl 8.
bnsh.
bnsh.
bnsh.
bush.
bnch.
Papsavant & Co., proved a great success, nearly all the goods
At(196 lbs,) (60 lbs.)
(56 lbs.) (32 lbs.) (48 Ihs.) (5H IhK
1V6,.")63
.10.24-.
Chlcftgo.,,— -*^
3iJ5,53'i
42,852
1,321,141
26,(129
offering having been closed out at acceptable prices.
11.6'i0
Hilwaakee
3/9.S8i
7,120
21.011
l\69i
44i2u9
Domestic Cotton Goods. The exports of domestics from
Toledo
1,255
169,142
346, 13.i
e.ne
l.OOJ
2,1»7
Detroit
7,101
140,988
6,058
9,072
5,U6S
131
this port for the week ended April 9 were only 73G package*,
.3.1.50
Cleveland
1,98)
112
8,7
400
2!i,860
St. Loais
33,11)3
291,1 3 i
62,998
8.9;3
S4,32J
which were shipped as follows: Great Britain 312 packages,.
4.8.-0
Peoria
3,203
336,450
85,960
16,400
Chili 177, Argentine Republic 74, British West Indies 33, Brazil
Duluth
15,6;3
Brown Sheetings were in moderate request by jobbers
20, &c.
3R8,5-9
ToUl
125,711 1,286.794 5,21%590
84,461
96 BPi
62i,6''0
96,.'i54
l,ln.^,3'Jl
PrevlouBweek
8,4''2,fl0
S3,U18
13 .,970
and converters, but drills ruled quiet. Bleached shirtings con2S9,:i76
S21.76S
1,121 9Ti
Oorre8p'ngweek,'77.
84.918
80.079
45,7.2
tinued uustttled, and outside makes were offered at very low
•76..
6C2,835
97,l.'31
2i0.6 7
883,778
117,100
li,.350
Tot Dcc.31 to Apr.S.. 1,551, 110 14,823 501 17,579 935 5,I10,-22I 2,070.6.51 9 4,455 prices with moderate results. Corset jeans met with fair sales at
l,n79.9Vi .i,205,i01 15.616 1;41
Bametimel877
3,10S.)6S l,5-jn,9.3
649K11
unchanged prices, and there was a steadj inquiry for small lots
1,315,197 9,2)7, ms 15.201, «.I0 4.2S3 2 S 2,071,s41
8ametimel876
41726
8ame time 1,S75
1009,332 9,918,B.35 11,039,152 4,036,107 i,228,i)27
339,':3
of demms, ducks and tickings. Cheviots and Cotton»des were in
17,
57.80(.f83
--21
.52,661.5)1
Tot.Aa2. to:Apr. 6. .4.32.3,511
773 8,5l:).510 2,90' 2:2
irregular demand, and, while a few of the best makes were steadily
Bametime 1877. .. .3,731,871 33,597,98- 5'.:b6.5l5 U,l.'i4.-)5S 7,.'i36,639 1117,011.-.
held, other goods of this class ruled weak with a declining
S,621,40i) 19,1411,311 3 ,'03.5. 2 18.'<35.785 6.1.5.1.139 1.511 1'5
Same time 1876
Corded piques and white goods were fairly active,
Same time 1875
3,679,110 45,390,280 30,317,851 15.«6i,16l 5,155 630 l,0.i6.033
tendency.
SHIFHSNTS OF FLOUR AND GRAIN FROM WESTERN LAKE AND but some makes of the former were reduced to very low prices.
Print cloths were a fraction lower on the basis of SJc., cash to
BITBR PORTS FROM DEC. 31 TO APRIL 6.
3 SlOe. ,30 (iavs, for extra 6 1x643, and 3c less I per cent, cash, to 3c.
Flour,
Corn
Whpat,
Oats,
Barley,
Rvc. 30 days, for SCxliOs.
Pr.nis were in irregular request at first
bbls.
bush,
bnsh,
bush.
hush.
bufh
bands, and transactions were only moderate in the ag|j;regate but
Tot,Dec, 31 to Apr 6.
66,156 7.516,12112,102 813 3.177,01.7 1,186,191
59 1,5 2
!)il.4,^9
low priCHs enabled jobbers to dispose of large quantities of these
979,891 2.:40.3-.6 s,5l«,rt0! 30i5,S17
Same time 1377
JH 1,769
Sametime 187«
l,42i,i;i 4,711,615 10,666,551 2,.520,!l4i
S63.3S3
197,! 10
go. ids. Ginghams continued active and the best makes of staples
Bametime 1875
657,8,31
1,15),297 4,146 184 5,2il,«6J 2,111,287
!9S,57I
and dre,«8 styles are in light supply.
BAIL SniP-MENTS OF FLOUR ANU GRAI.V FROM WESTERN LAKE
Domestic Woolen Goods. There has been no material
AND RIVER PORTS.
impiovement in li.e condition of the market or meu's-wear
Onrn.
Flnnr, Wheat.
Oats.
Bar'oy. Rye,
woolens, but tliere were more buyers in the market, some of whom
hush.
bbls.
buj-h.
busii.
bu h. bu-h
Week endin? April 6, 1S78. .131,110 90-, 171 1,3 4,16> 3i;05(i 48,1H ki.,647 Lave been making memoranda as a basis for early operations.
Week endi. g April 7, 1877., 36,.!0J 2Jl,i3> 1,'".7.8 4 17.'<,:75 8i,057 3Miil Spring cas,»iinerea ruled quiet in first hands, though a lew large
Week ending Ai.ril 8, 18!8..1;B.41U 611,918
7:5 11)5 llii.lS< h7.Jlll)
For worsted coatinys there
sales were effected on private terms.
3
Weekending April 10, 1875.. 93,654 501,83)
39o,!jJ
151,3J7 S9,.313 li,651
was a moderate demand for light, &o., assortments. Cloths and
BBCBIPT8 OF PLOOR AND GRAIN AT 88\B()AKD HORT>( •.•< ' b doeskins were liuhtly dealt in. and Cheviot suitings were less
Low f^rade all-w. ol aiifl union heavy cassimeres were
aclive.
WEEK ENDED APR, 6, 1878, AND FROM DEC. 31 TO APR. 6.
Flour,
Wnea%
Corn,
Oats,
Baney, Rye, taken in m derate parcels by the early clothing trade, which class
bbls.
bnfh,
bnsh,
bush.
bnsh.
At—
6n^'l
of buyers have also commercial operations to a limited extrnt in
6'i^.776
71,562
9399>rt
)3;8^6
New Tork
2f,700
111,023
fancy overcoatings for the fall trade. Kentucky jeans found a
21,801
61,600
267,250
6.5,1 00
Boston
6,31)0
few buyers, and printed satinets were tskea in moderate parcels
4,500
58,195
6,'tO
2,250
Portland
11,15.)
400
9.50
....
Kmtreal
601
but such fabrics were by no means active. Worsted dress goods
68,8110
19.080
SI5,.300
63.7110
Philadelphia
37,000
13,300
were in fair request for light selections, but shawls continued
The movement
lows
:
in breadstaffs at this
market has been as
fo.'
—
,
.
.
.
;
.
;l
.
.
,
.
;
—
1
!i.
,
;
—
ti,:i
i
.
Baltimore
NewOrleaus
Total
Previous weuK
lOl'.lOO
641,100
2,0-7
213.0.17
3;7.)32
1,201,313
67,500
2.7il.l6.!
3,1 1, li
l,ltl8.:4;
18,965
18.015
165401
139,'in
115,575
1
Oor. week'71
nee. 31 to April 8, .1,241.818 17,574,26121,107.812
Bametime
8«mR time
Sametime
',877
1.721,32)
1876
1875
2.:>!1.4i7
2,1,7,910
1,191 :;.« 18.7Ij5,711
5.211,1 6 18./9;.2.)8
5,o38,30(i U.69;,0ll
32,000
ai.616
321.102
11'.
3,4
i6
139.160
.
.
71.6
160.321
<5
13,, 5
8il0
3'1,030
8,715.925 l,8n0 4 6
,3.H9,H5
843.8 Hi
4.00 .613 l,51n,622
4,1)71,531
791,325
The Visible Sjpplt OF (iRAiN, comprising
a.otio
t'le
'7
20,868
9i9,7;4
2'5. 174
74,"'9I
32,520
stocks in
granary at the principal paints of aocumiilation at la
lake and
gnahourd porti, and in transit by rail, April 6, 1878, was as
iollowB
quiet.
—
Foreign Dry Goods. There was a somewhat improved
undertone in tlin market for imported dry goods, though buyers
continued cautious. Silks were more active and large quantities
were distributed through the auction rooms at fair prices. Cashmeres, grenadines and lancy dress fabrics were in steady request
for moderate lots. Woolen goods for men's wear ruled quiet, and
prices are generally unsatisfactory to importers. L nen goods
remained quiet in first hand's, but jobbers effected lair sales of
housekeeping linens and handkerchiefs. Wliite goods, laces and
embroideries were moderately aclive with jobbers, and there is a
steady though light movement in hosiery and gloves.
.
April
:
—
.
.
1
2
«
THE CHRONICLE
13, 1878. J
loaporuitlou* ol Drr Uood*.
ot dry goods at this port (or the week eDdlng
knd for the oorreipondinfr weekt of 1877 aDd
The tmportatlona
April 11, 1878,
18T0, have been as follows
UTiBBO roa aoiHOMmoH roa ths wbbk bhduis
187H
.
UaDofactBroa of wool
—
,
»Mri,4t3
>a;,io6
816.808
3»«
bOO
673
174.0>i4
7S17
U»,27T
4«c
11J,83J
494
|M7,7aO
8!'4
cotton
do
46U
allk
do
aii
flax
do
MlacelUocons dry goodt. 6,513
. .
ToUl
171,821
1818
ToUI
117
4'!8
1,063
2..'ai
Addent'dforconsnmpt'n
9,2J9
111,883
111.881
31,63i
J5S5.9(6
1,105,939
New York.
Leadlns Artlclea from
to all the principal foreign countries since Jan. 1, 1878, the
totals forthelast week, and also the totals since Jan. 1,1878
and 1877. The last two lines show total vatuet, including the
•lue of all other articles besides those mentioned in the tahle.
^2
Of
8
3,674 $1,062,054
WrraoBAwii rsoK waaaaooaB xhd thhown into tbb kahkbt dubins thb
BAMB PBRIOD.
431
806
$117,867
fi:S,0S9
Xanafactarea of wool
461
tl99.3SS
9^4
8l.b'J3
5:J,i37
cotton..
111,287
193
do
417
silk
do
flax
do
Mi9C«UanooaB dry goods.
•>r
3!)1,6I1
:,931 {1,031,591
11,105,039
9,'J09
11, 1878.
.
KzportB
The following table, compiled Irom Custom House retoms,
shows the exports of leading articles from the portof New York
Vaino
Pksa.
PkKi. Valne.
ArniL
^
1977
.
376
1J5.8U3
73,351
46,12S
3,880
33,073
2.631
1,084,694
4,887
3,574
$402,314
121
40J
1,416
9,682
123
115
«,9.)1
I11.3il9
81,7:18
3'S
I- CO
•?• Xt
„-
Z'^
*
»-
„-
W4rt©icoo*Prfs^A.o
^ m an ?o a>^«o M ou o -« o A
•
22N'
CO
O b«* — Os3oaoMs-t«f-
l,0d2,051
5.553 $1,587,885
8,411 $:,4b<,3a3
Totalthrownnponm'k't. 11.735 $1,671,3S5
BRTBBBD rOB WABBaOtTBUfe DOBINS SAMB PBBIOD.
348 $125,971
$! 49,628
Manntactnreaof wool
S50
70,704
67,181
cotton
do
m.Mi
IM
69.321
allk
do
81.545
374
S6.76S
(lax
do
'O
rfJO"-*
.CO
•
«<o
'i-iV^pSo*
©«
«
"
,
Hlacellaneooedry goods.
ToUl
Add ant'd for consninpt-n
1.575
17,229
S,ni
$5S3,fiM
$388,065
9,809
1,1U,939
1,084,691
8,660
3,574
$l,46tl,669
4.101
•S :g
$412,181
shows the foreign imports of leading articles at
January 1, 1878 and for the same period in 1877:
^
1,062,064
returns,
this port since
^
2 — 00
.
Glass
Since
Glass plate
Baltons
Oocoa bags
Coffee, bags
3,159
8,7V9
81,273
15,808
5,580
5,:04
8,361
5,041
7,021
8,346
2,87 B
Ooal, tons
«0
667.'140
1,130
1,013
7,W-0
7,932
647
6,',07
881.
Oation, bales. ....
Drngs, AcBark, Peravian..
Blea. powders...
Cochineal
Cream Tarur...
t:
a-
1,979
653
1,319
175
3,319
610.6.9
14,801
258,5 5
Hardware
Lead, pigs
Spelter, Tbs
Steel
Tin, boxes
Tin slabs, lbs...
Paper Stoc It
Sugar, hhds,
tcs.
329, V4
Tobacco
Waste
Wines, Ac—
Champagne,bkts.
1,22;
Wool, bales
!(,('4U
Artielet reported by
759
i,4i:
10..38J
6,681
849
8.050
15,501
18.138
1,565
1,545
4,610
16,781
14,196
cloth
380
bales
Sodaash
Flax
7ar8
Oanny
-S .8
Oranges.
Nuts
1.486
60,68<i
66,9611
1,313
421
1.774
14,8*6
506
:2Sg
:J!5?S
:«-"
:
:
W-l-14
•
Ralelns
Hides, andressed..
Kice
35^
.-Tom
irt
rt
•
.
tt
<=»••
.
»fl
— CO
t-"
CO lO
0^
,SS8' :SSg
:s5
"2 5§
CO
.
•
:oc;-J
.
•
—
0? oo
C*^-T » eo <0
^—O»
t- on ID
I
.«
.
Sv2
.
.
«^
•
O) (D
;!3S
:
.oo*--*
•
19* •?«
I
.10 00
p
..2^
-5 Ji t-
:sssg,g:
22 :2'^'*^^w
•
§SS
18,407
S5.663
18,4.3
ii
$
*
321,960
21,243
134.t62
Vii.iil
t
:::::::
I
i
i
If
g
::::::::
so
I^
S
"
eo
'.9t
:S
.CO
.
a*
.
•
:
:
.loot
:-
1
S3?
:SSS
•£"£
;
<-«
M
*
358'
S3
•
*
73,808
677,
1
010
76
210,031
38'?,H60
5,874,152
63,9J3
57,.'!92
£0,05^
262
Ginger
Pepper
16,670
66,585
63.766
164,4<j6
736
84<t
162
32,971
6,734
104
81,769
15,980
AToods—
Cork
131,910
8.337
133.606
10,016
861,6.58
15i,iiin
Logwood
Mahogany
mo
« O —• « m o»
HO
Cassia
Postic
» (-t-W
o
o « op
ift
*03
10I,6-!1
1,084,
292. 4t)
418. 691
13.S61
Ac—
3plce8,
O
fl«
8-20,701
49
53.668
w
•
5,719,448
45,636
18,981
3,88^36i
•^•Ore^03
©3
•»"-<?*
•'"
.
'
.0
10,034
102
213.441
700,877
812,1 19
809,832
-o
026
16,i8:(
191,973
183,306
Ac-
F.-oits,
1,131
Ac-
Watches
Pancygooda
2, .68
7.)3
449
Linseed
Xolasses
Curks
Lemons
Brifltles
Hides, dressed..
India rubber
iTory
Jewelry,
Jewelry
Cigars
1,1*
Hair
Hemp,
S.3
*
282,47i>
8,70fc
valM—
'^
822
17,e98
30.264
Wines
Fish
1
l^
"
16,006
•
Tea
77)
19-.
«
•0(
n-** ^04
'09 o'lO©'-'
•
82,915
6tl,0l8
tibls.
2,788
Soda, bicarb....
Soda, sal
S
*
•
Same
&
Sngar, bzs AbagB.
3,009
16,402
4,839.92!l
37,474
Indigo
011.01S»e
:
mo
||SSS
QambUr
Gam, Arabic
Madder & Ext.or
o
S
*c.—
Catlery
2,876
10,06:
62,213
6,784
l,7lt
Olassware
:S!
:S
Jan.1,'78 time 1877
MetalB,
'
-'s
«s
:
»r,
Ohina. QlasB and
Bartheo wareChina
S
«fof
:
glvoa la pac*cai;e9 when not otherwise speclSed.l
Same
Since
Jan. 1,'78 tim«l!fi7
Bartbenware.
:
:
— «0
6,284 $1,474,235
ImportB ot LeadInK Article*.
The following table, compiled trom Custom House
(jttantlty Is
S
."%
^^
bff*
Totalsntered at the port.11,330 $1,659,593
[The
I«'
«-«
IF
62,940
•
^
'^
30,046
27,213
»i3
•tO"^
«o
9,5
Hi
Sir
ate*
:S
76.0M
21,876
w
oJ«
Oaa
:§
si-
o
ll
:
:
:5
35
Kecelpta or Domeatle Produce.
The
receipts of domestic produce since
January
1878,
1,
Since
Jaa
Ashes
•Pkgs.
Pitch
2,399
1,143,802
12,310,758
5,9^1,725
,
.
1,767,463
7no,f«i
BarleyAmall"
1,619,071
Graiio seed ...bags
1W.J1J7
699,516
Oil cake
Oil, lard
6ob,:i6
t'eaiiiits
BreadstoffB-
Ploor
..bbls.
Wheat... .bash.
"
Com
*'
Oats ...
Beans....
Peas
bWe.
.bofh.
Com meal ..bbls.
Cotton
Hemp,
.bales.
•*
..
IPi4t*
...No.
Bide*
.bales.
bales.
Hope
Leather.... .sides.
34,4.34
S28,0ti.
52,343
849,031
1.49)
66.GCO
liolasiiee... ..bbls.
Naval StoresCrude turp.,bbls.
Spirits turp
'*
Boain
"
"
Tar
4,554,815
l,6l5.98f.
13.1,:iM
8(H,i:0.S
68.599
.32,620
103,755
70,K54
Pfoviaiona
Butter
Cbeuse
Cntmeata
KgK"
Pork
Beef
Stearine.
21,6.55 Sa<;ar .
4',r;31
33.0J4
1,168,935
1,069.219
.
2,-..(i
94. 86:
bbls
pkgs.
63,750
675
B90
ll,il(
t5,!l5i
18,7 1^
7],t41
8,9-.^
7)5
71,113
135,111
3,7.0
S3,i7<!
pkgs.
231,731
184.478
467,77
11:. -SO
*'
"
"
110.113
8.3,3'.«
349.ll0:<
9,731
8.703
105,9 7
8,28.i
.'.'.'.'.bbls
Sugar... ....hhds.
Tallow
..pkfs.
Tobacco.
Tobacco... .'ihhds
.
Whiskey
Wool
time 1377
684
bbls.
"
..
..
.bbls.
bales.
Dressed hogs.. No.
Same
1,'73
ba£8.
Lari,.
868.35-2
Lard.. ....kegs.
1,839 Rice.... ...pk^a.
61,616 Starch,.
4r,'22i)
Uolanes... .hhd-.
>i
Jan.
1,'78
•
5«
00
.r-o
•
n'
s
«*"•-«
Since
1,316
3i
and
for the same period of 1877, hare been as follows:
360
9,289
27.391
SH.4 I
so.Oin
58.86~
lI,S7t
19,76!)
3,H3l
36,449
268,3.32
6.3,928
321,919
157,017
61,115
15,604
187.3:7
1-4,8-2
l-2,r,4
97,712
6,836
87
11.221
2.1.952
6-4,JI9
8,671
61.6.32
9.928
66.140
j-Si :S28
s«
•^ "^
'
i- s
«
'
'*
'
-
.
2
^
-
'
OOO^O'-'O
"^
cO s: 03
^ » 060
00-4
at
o
:
:
;a?;
i
i
:5
>
;S
odotf
'Or-rfS**
•
'^ ,0 ^
-r
lO
•
Si 99
,
THE CHRONICLE
376
Banker§ and
Coinnicrcial Cards.
&
Russell
Co.,
C Oin MISSION aiERCIIANXS
AND SHIP AGENTS,
Hons Kong, Canton, Amoy, Foocliow,
Sliangliai and Haukovr, Oilua.
Boston Agency,
MURKAT
J.
K^RBES,
M CiHTEAL
i
'
Representee]
hy
"
""^
W. PO.MEROT
S.
Street.
105
Hong Kong &
Watik
JB.,
St., N.
Y
Shanghai
Banking Corporation,
Head
Hong Kong.
Office,
Represented by
8.
W.POMEROY
Water
Jb.. 105
St.,
N. T.
&
JTIiscellaneous.
R ope.
Co.
STEEL
HOISTING PUUPOSEft.
ITork.
Post Olflce Box
Accounts and Agency of Banks, Corporation?,
firms and Individuals received upon ravorable terms.
Dividends and Interest collected and remitted.
Act as agents for corporations In paying coupons
and divideuds, also as transfer agents.
J.
Co.,
&
CO., of China,
104 trail
Co.,
T'SALE.— bunreme Court
41 CEDAR. COR, WILLIAM
New^ Vork.
of ihe Stale of
New
York.
Cambria
Old MIp,
AND TUB
;
PITISBUKOH, PENN.
All business relating to the Construction and Equipment of Kallroads uudertaken.
York.
McKim
<^<>,.
N. T.
From Various
unmanufactured malerials,
Vork.
ITll^ <'u,,
Stocks,
1
iirawerit
&
i
1
;
CBAtTNU.iv St.
George A. Clark
.supplies
Company, by ti>e Bufialo New York & Erie
Kaliroad Company, by the Buffalo Bradford A Pittaochester &, Geue^ee
liailroad Company, by the
Valley Kallrond Company an by the 1 ong Dock
Company also all and singular tlie chosen in action^
billH
receivable
bonds, book accounts,
stocks,
and other evidences of indebtedness, leasetiold esother property In the said
tates, contrattfl and
burg
B08T0K,
lii
wood and
1. ailroad
WALL STREET.
X
Mills.
I'MLADKLPlllA.
W. DAYTllN. SO C.HiIKTsrTSTBKET.
coal,
every kind belonging or uppeitaini g to the (-aid
all loiln, income, i-sues and profits
i.rlsing out of ^aid property, aud all rights lo receive
or recover tbe same; also all the tstaie, right, title
and Interes', terms and remainder of teims, frauchlpcs, privileges and rights of action of wliatsoever
nume or nature. In law or In equity, conveyed or assigned unto the New Y'ork & Erie ailroad Company,
or unto the Krle ticLway Company, by the Union
of
CAS STOCKS,
A.\n
roi'.u.
15 White Wihkjjj.
,
;
Beers, Jr.,
Brooklyn
mils.
Vlotor>
Co.,
:
company; and
AGKSTS FOR
Wttxiitnsrtoit '>iii», t'tiiopee Itlfg
Kii rli itu'f on Woolen i'o.,
&
Brothers
BANKERS.
New
E.R.Mudge,Sawyer&Co
Ho»iery. wliirtx and
intended so to be, to the plaintiff, the
Farmers' Loan & Tru t Company, by a mortgage bearing date on the lo rth day of P'ebruary, a. 1). 1874, do
hereby give notice that on the tweniy-fifih day of
Marcli, In the y<'ar 1»78, at 12 o'clock noon, at the
Merchants' Kxchinge Salesroom, No. lU liroadway.
In the Clry of New Yoru, by Bernard Smytli, Auctioneer, I shall proceed tu seil aud shall sell aC public
aucfion, to the highest bhlder, for cash tlie following
"escribed property: \11 aud singular the raiiwaysof
the said company, from au" including Pi(M'mont on the
Hudson iver to and Including the final terminus of
the said railway on Lake Erie, and therailwav knowa
as theNewburi^ Branch, from Newburg to the main
Unr and also all that part of the railway designated
as the Buff-tlo I^.nmch of the Erie l.'aihviy. extending
Irom HornellsvtUe to Attica, In the btate of New
Y'ork and also -all otber railways heloni:mg to the
company In the States of New York, Ptnusylvanla and
New.Jersey.or any oltht m.togetlierwith jill the lands,
tracks, lines, rall^, bridges, ways, biill'.Ings, piers,
wharves, strucures, erections, lences, wall, fixtures,
franchises, pilvllefrea and rights of the ^ald corapauy anri also alt the locomotivea. englucM. tcuUers,
cars, currlHges, tools, macnlneiy, nianufueturcd or
1
47 Wall Street,
$«arato<>n
ga^e-i, or
Edg'ar Tliompson Steel Co. (Limited),
Supplied.
Kilertoii ?Vi"tv .I'lDn,
Atlaiiiic Co Ion
ST.,
Company,
Iron
said
Tlckuur Curtis, IJeferee, api-olnted ttiercln to ^eIl all
and singular the mortt-aged premises, franclilses
and property, both real, personal and mixed, mentioned in the complaint In this acdon and mentioned la
the said judg'iient and decree, beln^ the same mort-
Railroad Investment Securities. Colect Coupons aud Dividends. Negotiate Loans and
draw Bills of Exchange on London.
Agents for the sale of STEEL KAILS made by the
SUPE R-CARBOIVATE
ONLT
judgment and decree of foreclosure and
rendered and entered at a Speclni Term of the
Supreme Court In the above-entitled action, on
the seventh day of November, A. ii, 187'*, 1, George
sale,
Co.,
sell
Co.,
MANUFACTURERS OP
SODA.
New
&
JOUXSrOWN, PEAN.,
&
John Dwight
J.
CO.,
r?RIE RAILAVAV.— FORKCLOSITRE
BJNKERS AND mEItCHANTS,
New York.
St.,
Kennedy
S.
Buy and
REPRESENTED BY
&
order.
suant, to a
Canton, China.
KKW
purposes manufactured to
43 Broadway, Newr Vork.
R.T.Wilson
Kong Kone, Sliangliai, Foocbow and
The Jobbing Tiade
of Power, &c.
Also Gwvan'./ed Charcoal and BBlor
Ships' KlgginR, Suspension
I'riuges, Derrick Guya.Ferry
Hopes, &c.
A hirge stocK
constantly on hand from
which anv desired length
are cut. FLAT STEEL AND
IltON HOPES for Mining
JOHN W. MxVSON &
gages, and the Interest collected.
COMMISSION MERCHANTS,
No. 11
'
Coud^, btocka and sccurlllcs bought and sold on
commission.
Sound railroad and municipal bonds negotiated.
Funds carefully invested In Western farm mort-
2,631.
&
Olyphant
ic
in-
cllued Planes, Transmission
BANKERS AND COMMISSION MERCHANTS, —THK KAIIMEUS' LO.\N & T'lUST COMPANY,
plaintiff, against THE EUIE RAILWAY COMP.^NY
2 Exchange Court, Nenr Ifork.
BOSTON.
aNu OTHKUS, defeudaiits.—By virtue of and pur-
Place,
OIi¥FHANT
CHAKCOAL
superior quality
suitable for MINING AND
COMMISSION MERCHANT,
14 Exchange
Al^i)
ITiON of
BANKERS,
WilliaiUL Street, New
52
Parker,
Charles E.
^Brokers.
Paton
Jesup,
XXVI
[Vol
:Jl3.
judgment mentioned.
Given under my hiin' at the City of New York, this
twenty-first nay of .lanuary, A. I). 1878.
GE'^OKGE TlCKNOU CUUTI:^', Ueferee.
Bro.,
TUKNKR, LKK & McClUKK,
C^
B
COR.
Plaintiff's
*
2d
Co.
R
S ,
A IV li E
OF WALL STREET AND BROADW.
NewT York.
Y,
Attorneys,
Nassau
street.
New
Yirk.
the above-described properly heretofore advertised to ;ake place on ttie twenty-ftr;t day
of .lanuary, 187^, ar. 12 o'clock noon, at the V.ercbants'
Exchange balesruom, No. Ill Broa .way, Ju the City of
New T(. rk. was th-n aid th ro adjourned to the
twentv-fifth d\y of March, 13;s. at the same hour and
The
sale of
GEUiiGE TICKNOK CUiiTiS,
place.
Keferee.
Tiansact a General Banking Business, including the
STOCKS, BONDS and GOLD
purchase and sale of
MIIi'lVAKM'S UIDt.lX NKI<:DLE!«.
400 BROADWAY, NEW YORK.
Turner
Brinckerhoff,
&
Co.,
Inirestnient Securities
A. M. Kidder.
J.
Masufactcrers and Dealers In
COTTONSAILDUCK
And
all Icindi
of
COTTON CANVAS, FELTING DOCK, CAR COTEK
IMG, BAGGING, RAVENS DUCK, SAIL TWINB8
*C. " ONTARIO SEAMLESS BAGS,
C.
AWNJSG
STRIPES.
supply
all
No. 109
Dnane
Street.
W. Tka-e
Iiisuraiice.
E
.
S
.
Bailey,
Neiv Vork,
DEALER IN
THE IMAOE OF HER MOTHER.
A NOVEL
BY
in stock.
St.,
Altorneys.
2,W-,
Alden Gaylord,
33 Wall
'
Widths and Colors alwayt
Plaintiff's
Sale.
ST. liOUIS CITY &. COUNTY BONDS,
AND ALL 0LAH8ES OF
INVESTMENT & MISCELLANEOUS SECURITIES
Refers by permission to W. S. Nichols & Co., Bankers
Also, AKenta
foil
For
W.McLellax. Jr.
R
Dealings In
Insurance
Stocks
A SPECIA1.T1.
Cash paid at once for the above Securities; or tnef
be sold on commission, at seller's option.
will
UTH RUSTIC.
IN THE
United States Biintlnt; Company.
•A
BOS
O.
'
'
GEOlUiE TK.KNOli CUUTI3.
Ileferec.
TuBNER, Lkk & McClukk,
for cash or on a margin.
p.
sale of the above-described property la hereby
adjoun.ed lo the twenty-fourth day of Apill, 1S78, at
the same hour and place.
The
Savannah Weekly News
of Bpturday, 'Ith April, will be commenced a new
sei lal atory with the above title, writiin by a l.idy of
Savannah,
The W.^EIiLY
NEWS
is
the
I<AReEST AND BEST AVEEKLY IN
THE SOUTH.
JOSEPH GILLOTT'S
STEEL PENS.
It is a cmplete newspaper, and contains the latest
Telegraphic and Sta e News, ^'ar ets,etc,an -^grlcultura! and MllJtnrj Decarlment. It l« adapted for
gencal circulation iliriughout the Sopth.
fubscilptlon one year, ii 00; tlx months, $1 00.
Specimen copies sent free. Aiiuress
;
Sold ly all dealers tltroughoul the World.
jr.
ds
H. £STILI<,
Savannah, Georgia.
F.S.WINSTON, PRESIDENT .of
"ES ErtRY APPKOVEDDESCRIPTlON "
ISsi,
lifeXnB endowment policies
OMTEnMS AS FA VORABLEAS THOSE OFANY OTHERCO,
lASHASSETS OVER $80,000,000.
;
Aphii
THE CHRONICLR
1878.]
13.
.
Cotton.
Insurance.
Insaranoe.
North
and Mer- D.
British
OF
LOKDO^i AKD EDINBURGH.
AT
L
ANTIC
Incortobated
1866.
ESTABLISIIKD Decembeb,
Co.
Insurance
Mutual
np
Reserve for all otherliabilities,
cludluK re-Insurance
Net Fire SurpI U8 and Keserve.
Nbw
Tobk, Janttary S3,
1878.
In conformity to the Charter of the
rubiait tbn followinK Statement of its
Tho TniBtecs,
Company,
on the 3Ut Dccomhor, 1877
Premiums received ou Marine Ri£l£0
from l8t January, 1877, to 3]et Deaffalra
:
84,710,663 83
cember, 1877
Premiums on
Policlea not
marked
off
tat January, IS77
2,040,362 61
]
K.
THE OLD
from let JanuDecember, 1817.... $4,902,331 08
$14,366,35166
Six per cent. Interest on
the outstanding
certiflca.cs of profits will bo paid to the holders
thereof, or their legal representatives,
on and
after
Tuesday, the Sth of February next.
5
I•
•
J'i'lly
Jay
from which date
all
certiQcates to be
produced at the time of payment and canceled
Upon certificates which were issued for gold premiums, the p.iyment of interest and redemption
V U be in gold.
or Forty per Cent,
la
de.
North River, foot of
H. CHAPinAN,
a m
V
V
m
iiM. Pally from f ler 29 North PJver (foot of
.^VHrren street.)
Freight taken via either line at lowest rates.
D. S. UABCOCK, President.
.
:
W. H.
n. Moore,
Ckarles U. Russell,
David Lane,
Daniel S. MiUer,
Josiah 0. Low,
'Royal Phelps,
'•
I
'
iC. A.
Hand,
'William H.Webb,
Francis Skiddy,
Lewis Curtis,
James Low,
Gordon W. Bamham,
William Sturgis,
William E. Dodge,
Thomas F. Tonngs,
BI-MONTHLT SKltVICH T^) JAMAICA, HAYTl
to PANAMA and
SOUTH i'ACtflC PORTS (via Asplnwall.)
UOLOMliiAand A8P1NWALL, aud
FltBt-class, full-powered, iron
New
Stone street,
SJN.64 Baronne
1
I
PIM, FORWOi'I) *
r.>.,
No.
O
56
AuentB,
Wall
treet.
George W. Lane,
Robert L. Stuart,
Frederick Chaouccy,
H. race Gray,
James G. DcForest,
n Elliott,
iam H. Fogg,
B. Coddington,
TUomas
J. D.
Charles D. Leverich,
Edmund W.
L.
JO>rES, President.
CHARLES DENNIS,
W.
II.
A. A.
Vice-President.
MOORE, ad Vicc-P»esidenU
RAVEN, 8d Vice-President.
II.
PEhEIRE. Danre
VILLEDEP
Street.
Informattoo
Co.,51
and Messrs. D. A. GIVn,i»
«
New Orleans.
Co.,
TICKSBCRG, MISS.
H.
J.
sltlS,
Durand
...
;
IMPORTERS AND MANUFACTUnERS OF
((aallty Chemfcai jnanarcs*
Prime
Chemicals for the Vllle formulas, for all Orops
Chemicals for the StockbridffB formulas.
Dissolved Bone—Sulphate Ammonia. Nitrate Potastt
Nitrate Soda, Sulphate of Potash, Muriate of Potash
40 per cent actual Potash.
Super-phoaiihate
AlBp, strictly pure Rround Hone.
free. The materlft
special tertlllzers for particular cropji
English Cannel,
Liverpool Orrell,
American
Wed.. April 17. 5 P.M.
Wed.. May 1.4:80 P.M.
Wed., M»y 8. 10 A. M.
To Plymouth, London or any railway station
landing and In yard, for sale at lowest market prices in lots to suit purchasers. Also, all kinds
of the best
ANTHRACITE COALS,
The Trade supplied.
ALFRED
LOUIS DE BEBIAN,
Agent, 5S Broadivay.
Wheless,
COTTON
ooniinissioN itierohants,
NASHVILLE, TENNESSEE.
Special attention given to Spinners* orders.
4i>ondeueo solicited.
PAR!TIELE,
33 Pine
Yard—687 Weat aid
street.
stre et.
In
cabin, |90 to $100, according to aceoinsecond cabin, $»A; third cabin, $35, steereverything as above.
Return tickets at very reduced rates, available
through England and France, htesmers marked thus
• do not curry Htc(Ta^^^ im.sMcimrrs.
For passage and freight apply to
;
&
Orrell,
Now
(Including wine):
cabin, $I0O; second cabin, i 5; tiiird
steerage, |26— Including wine, bedding and
McAlister
Llmfi
Our descriptive circulars mailed
»
utensils.
madallon
Bro.,
STREET, NEXT ¥ORK,
To Havre— First
cabin, $35
&
Baker
215 FKARIi
LAHliKNT. Lachesniz
PRICE Of PASbAtiK IN GOLD
ST.
Corlies,
William Bryce,
Peter V. Eing,
Horace K. Thnrber.
Ue
Orders to Furcbase Cotton In our market ssllclted
Refer to Messrs. THOMAS J. SliAUGHTER, New
York.
'v>r
Si
Calling at Plymouth for the lauiUnc of Passengers.
The splendltt vessels on tills favorite rente, for the
Contlnent'-cablna provldea with electric bells— will
sail from Pier No. 42 North River, foot of Morton St.,
as follows
age. $2*, Inclu'ling
Adolph Lemoyne,
Tortt,
all
WATTS &
W. Lamkin &
General Traus-Atlantic Coiupauy'r
Mail Steiiiusliips,
England— First
Charles U. Marshim,
and orders for
Cotton Factors,
screw steamers, from
Pier No. 11, North Rlvpr.
For Haytl, Colombia, Isthmus of Panama and South
Paciac Ports (viH ABiiinwai),
April :0
ALPS
April 13 AILSA
For ElnfEston (Jam.) and Baytl.
M»y 16
ATLAS
April 23 ETNA
Superior llrat-eliivt- uimseugei ai-comniOflHt^rn.
John D. Hewlett,
Charles P. Bnrdett,
Alexander V. Blake,
Robert B. Mintum,
COTTON
Miiiccllancous.
NKW TORK AND HAVRE.
Charles Dennla,
Co.,
Brown'* Rni1dlnK»i
Advances made on const fn^sients, and
Atlas Mail Line.
Secretary.
TRVSTEESs
&
afforded by our frlenUe, Messrs. D.
nxTwasK
D. Jones,
Liverpool.
W. FILKINS, General Passenger Agent.
Tlie
J.
Foreign marine Insaranee
pnrehase or aale of futare shipments or dellverled.
and
Direct Line to France.
order of tho Board,
21
D.
L.IIVE.
FREIGHT ONLY FOR
Providence. Worcester, Nasbua
all Points North.
next.
J.
33,
street.
PROVIDE^E
on tiw net earned premiums of the Company
for tho year ending Slst December, 1817, foi which
cirtiflcates will be Issued on and aftar Tuesday, the
By
from Pier
Sc
hotel tlcketrofiices.
clarod
May
Years.
State-rooms and tickets secured at 363 Broadway and
at all offices of Westcott Exprt-as Company In New
rork City and Hrooklyn. Also tickets for sale at all
L.
The
LIVEP.POOL.
Also, execute orders for Merchandise In
England, Clilna, India and Singapore.
UNDER A RITERS IN NEW ORLEANS
LITERI'OOL.
STEAMBOAT EXPRESS TRAIN WILL
LKAVE STONINGTON AT 4:80 A. M.
Tho ontstanding certificates of the issue of 1874
be redeemed and paid to the holders thereof,
or their legal representatives, on and after Tuesinterest thereon will cease.
LEECH, HARRISON & FORWOOD,
tollclt conslgnipeii^B of
Hereafter the
wi'.l
day, the Sth of February next,
Execute orders for Future
and Liverpool, and make advances on Cotton and
other produce consigned to
Line
POINTS EAST.
Trip Missed in 7 Consecutive
IW •
P.
'W.~C. Watts
KELIABIii:
THE ELEGANT STEAMERS
STONINGTON aud RHOKE ISIjAND.
New York
O. BOX 4964,
Nenr York.
Contracts In New York
P.O. BOX 613,
Neir Orleans, La.
Company of
FOR
BO<«TON,
AND ALL
Stock, City, Bank and other stocks. $10,565,958 00
Loans, secured by Stacks and olberwise
1,163,20000
Real Estate and claims due tho Company, estimated at
617,436 01
Premiom Notes and Bills Receivable. 1,764,393 63
CashioBank
«55,361 02
Total amonnt of Assets
Pirn, Forwood& Co.,
GENERAL COM.MISSION MERCHANTS,
for the
Stonington
Not a
United States and State of
7th of
BLADOEN,
P.
Delivery.
Manaokrs.
oil
has the following Assets, viz.:
X Dividend
SAM.
WHITE,
tor ths onrehase or sale of Contracts for Future
StcaiiLsItips.
Expenses... t947,'J2a 86
<
$780,518 04
386,758 49
Special attention given to the execution of order*
British
Eetdms of Premiums and
I
64
t*
4-t
Loseee paid daiing the
$2,565,890 27
game period
The Company
10
Funds, which, by act of rarllauient, are In a distinct
and separate department, for which the surplus and
ire Insurauce Department, nameti
reserve of the
above, are not liable.
with Marine Riska.
ary, 1877, to SIst
.
.
FIreAsseUheldlntbe U.S.. .$1,767,276 53
The above does not Include the Life and Annuity
npon Fire disconnected
Prcmlnmi marked
8,517,988 04
4,618,630 70
Ret»ervo for total Liabllliles, includlnit re-insurance. In tho U.S.
Net surplus in the United iitates.
No Pollcloa have been inned npon Life
Ritk9, nor
in-
Invested and Cash Fire A8Kets.$8, 500,185
Subscribed Ciipilal, fur which the
Stockholders are pereoually liable, not yet cilled in
$9,545,054
CHA8.
Total amonnt of Marino Premlnms. $6,751,028
'
$1,.363,686 36
Capital....
New York.
121 Pearl Street,
UNITED STATES BBANCU:
64 William St., Cor. I'ine, New Yort.
Cailc) In aud paid
itikrchan ts,
ooraniisttioN
1809.
in
Co.,
GENERAL
cantile Ins. Co.,
OFFICB OF THK
&
Bennet
L.
Smith's Umbrellas.
OINGHAM
,
OTANAOO,
any
lize
patented
SILK, paragon frame
SX 00
2
00
2 90
Fine Silk Umbrellas In great rariety.
Umbrellas and Parasols to order A rcpsirsd.
ia03 Broadwray, corner »th street.
104 Broudway, near Wall street
T7 Fulton Street, near Gold.
nilOLESAUC:
405 Broadway, near Canal streeL
Corre
BarKBS>ioES.— Third and Fonrtn Hstlonal Bank
nd Proarlatgn 01 Thi Cksokicdu
EstablisheclA.D.1802
,;
THE CHRONICLE.
VI
Cotton.
Cotton.
Wm.
Entire attention given to purchase of COTTON on
for SPINNERS and EXPORTERS.
COTTON BROKERS,
No. 146 Pearl Street, near Wall, N. \.
To ntine Bu ildin g)
176 Pearl
Messrs.
Messrs.
FINLAY, MVIR &
Co.,
New
York.
NEW YORK.
Peet,
contracts for futurt
made on
Liberal advances
con-
•
Bill
JERSEY & CO.
W. & J. H. Farley,
COTTON FACTORS,
COMMISSION MERCHANTS,
ASD
132 Pearl
O Box
New
3,909.
Special personal attention to the purchase and sale
f' CONTRACTS FOR
JUTL'RE DELIVERY " OF
Robt. L. Maitland & Co.,
COTTON FACTORS & COMMISSION MERCHANTS
No. 43 Broad Street, New^ Ifork.
&
Dennis Perkins
Co.,
NEW
YORK,
AND
Street, Boston.
Liberal advances made on consignments. Prompt
Sersonal attention paid to the execution of orders for
le purchase or sale of contracts for future delivery.'
E.
O. Richards,
(Successor to A. L.
RICHARDS)
Macaulay
&
Street,
New
R. M. Waters
&
Co.,
56 BROAD ST., NEW^ ¥ORK.
ANKEKS & COTTON COMMISSION MERCHANTS
Investment Securities bought and sold. Orders executed at the Cotton Kschangea in New York and Liverpool. All Business transacted Strictly on CoMMig«ioN, 60 that no Inierest of our own can posblbly
conflict with that of our patrons.
H.
.Tileston
&
Co.,
COTTON BUYERS & COMMISSION MERCHANTS
60 Stone Street, New York.
Orders
In
SUMMARY OP
Banks
Bonds and Mortgages, being
WALTER & KROHN,
COTTON BROKERS,
BEAVER STREET, NE1V YORK.
(Successors to
&
Tainter,
NOURSE & BROOKS),
GENERAL COTTON MERCHANTS,
97 PEARL STREET,
NEW
YORK.
Future orders promptly executed.
Hopkins, Dwight & Co.,
COTTON FACTORS & COMMISSION MERCHANTS
No.
1
34 Pearl Street,
New
2,016,90S
8,016,875
251, WO
124,623
Wnltcd States stocks (market value)
Bank Stocks (market value)
State and City Bonds (market value)
Loans on Stocks payable on demand
(market value of Securities, $427,098)...
Interestdue on 1st of January, 1S78
Balance In hands of Agents
Copeland,
COTTON BROKER,
PEARL STREET, NEW^ YORK.
York^
C. Johnson
J.
&
Co.,
OOXTON ^BUYERS FOR MANUFACTUBBKB
L. F. Berje,
OR LEANS,
7,871 30
Total
f6,109,32!i
Sawyer, Wallace
&
A.:
Co.,
MTNA
Company
Insurance
OF II4RTFORD.
INCORPORATBD
Total Assets, January
Capital
Re-iusnrancefund.
Unpaid losses
&
$7,115,624
4!9,114
8S—
6,170,388 24
$1,945, 236 18
BRANCH OFFICE:
bUR^'LUS, Jan.
I,
1877..
Xew
Wo. 173 Broadway,
JAS. A.
ALEXANDER,
Liverpool
London
(5"
York.
Agent.
&
Globe
45 William
J.
New York.
«
other
claims
NEr
IN 1819.
187T
t3,000.000 00
...
1,741,273 42
1,
E.
SL
PULSFOKD,
COTTON FACTORS & COMMISSION MERCHANTS
47 Broad Street,
'iS
CHAS. J. MARTIN, President.
J. H. WASHBURN, Secretary.
Insurance Company^
L
00
I.J,500
COTTON BUYER AND COMMISSION MERCHANT
N E \y
00
00
00
00
314,215 47
6:..3'2 89
1S5,»1 13
Issued at tnis office
WILLIAM STREET, NEW YOEK.
Waldron
|161,727 SS
Hen on
first
real estate (worth }14,29S,200)
Co.,
Future Contracts for Cotton bought and sold on
In New York and Liverpool.
S3
$(i,109,52G 75
ASSETS.
In
Futures executed at N. Y. Cotton Exchange
Geo.
136
TOTAL ASSETS
256.391 48
1,016,703 02
Keal estate
Commission
York.
$3,000,000 00
1,836,432 31
Reserve for Re-insurance
Reserve for Unpaid LosBes ana
Dividends
NetSurplus
COMMISSION MERCHANTS,
22
tlie first
Premiums due and uncollected on Policies
Skipping and Commission Merchant
No. 39 BROAD STREET. NEW YORK.
COTTON BROKERS,
117 Pearl
Company on
day of January, 1878.
Cash
44 Broad
York.
ef
Co.,
COTTON
Street,
Advances made on Conslgsments.
SHOWING THB
CASH CAPITAL
&
COMMISSION MERCHANTS,
FINANCIAE AGENTS,
BROADWAY.
135
Forty-Ninth Seini-Annnal Statement,
142 Pearl Street, Nenr York.
125 PEARL STREET,
Company
Insurance
Condition of tbe
Manetaester and LiTerpool,
TARRED
Sc
HOME
OFFICE, No.
GENERAL COMMISSION MERCHANTS
R. Smith
,
Sons,
OF NE\r YORK,
iin>
B.
Boston
street.
GANGS OF RIGGING MADE TO ORDER.
192 FRONT STREET, NEW YORK.
COTTON FACTORS
BOHSXS IH
or:
Treasurer,
Water
40
MANILA, SISAL, JUTE
Exchange on the CITY BANK, LONDON, and
CO., PARIS.
YORK.
N. H.
IV. G. MEANS,
Superlntiiiidciit,
Manche.-t'-r, N. H.
gOTTINGUER &
Knoop, Hanemann & Co
NEW
MANCHESTER,
ARESTAS BLOOD,
CORDAGE,
BLOSS & INCHES,
52 KXOHANGK PLACB,
liOcomotives and AmosUeag Steam
Fire Engines,
FOR EXPORT AND DOMESTIC 17SF.
paid to purchases or sales of " Cotton Futures.
ot
Works,
MANUFACTURERS OF
TVALL STREET,
New^ York.
signments.
COMMISSION MERCHANTS,
Locomotive
MANUFAUTUSERS OF
Advances made on Consignments. Specla attention
he execution of orders
or sale of contracts for future dellyery
of cotton.
Henry Lawrence &
BANKERS AND COMMISSION MEBCHANT8
COTTON EXCHANGE BUILDING,
P.
JEMISON),
Liverpool.
No. S8
Special attention paid to the execution of orders for
"MANCHESTER
Co.,
Advances made on Consignments. Future ConCotton bought and sold on Commission, In
GENERAL COMMISSIOK MEKCHANTfe
H.
and
tracts for
Robb &
AND
Liberal adrances made on Consignments.
he purchase
COMMISSION MERCHANTS,
No. 123 Pearl Street,
&
CO.,
AND
UJii>.j:...AL
Cotton Factors
delivery of cotton.
MOODY &
GENERAL COMMISSION MERCHANTS
I-OAIVS MADE ON ACCEPTABLE
Liverpool.
&
Street,
TORE.
SECCTRIXr.
BANKERS, COTTON FACTORS
New York and
for the purchase or sale of
New York and
E. S. Jemison
(Successors to
Stillman,
WaU
76
NEW
CO.,
CALCUTTA AND BOMBAY.
FUTURE CONTRACTS FOE COTTON bought
sold on Commission in
&
Nos. 74
Sork.
JAMKS FINLAY &
COMMISSION AND COTTON MERCHANTS,
Special attention paid to
New
,
LIVERPOOL, LONDON AND GLASGOW.
1841.
Ifork.
St
Also execute orders for Merchandise through
Edward H. Skinker & Co.
Ware, Murphy
Woodward &
SEAMEN'S BANK BUILDING,
Advances made on Conslgmrsnts to
COBKESPONDKNCB SOI-ICITKD.
References :—National Bank of Augusta, Georgia
Heary Hentz & Co., Commission Merchants, New
York; "William B, Dana& Co., Proprietors CommeboiAi. Ai,-D Financial Chronicle, and other New
York Houses.
Tames F. Wenman & Co.
&
174
ORDER
New
Co.,
COMMISSION MERCHANTS,
AVGITSTA, GEORGIA.
Street,
&
GKNKRAL
COTTON BROKER,
9T Pearl
Miscellaneous.
Henry Hentz
Felix Alexander,
Established (In
[Vol. XXVI,
Bbbident Makaokb.
@FedFRASER