Full text of Commercial and Financial Chronicle : April 18, 1874, Vol. 18, No. 460

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HUNT’S

MERCHANTS’

MAGAZINE,

gkwispapey,
REPRESENTING

THE

INDUSTRIAL

VOL. ]&

AND COMMERCIAL INTERESTS OF THE UNITED STATES.

SATURDAY, APRIL 18, 1874.
CONTE M rs.

greenbacks

The Currency Bill
Was Adam Smith the Founder
of Economic Science?.
Moieties and the Bills of Messrs.
Roberts and Wood
..

Pennsylvania Railroad—Balance

385

Changes in the Redeeming
386!
Agents of National Banks...
Latest Monetary and Commercial
387 |
English News
}

1 Commercial and

Sheet—Stocks and Bonds Held

]

Money Market, U. S. Securities,
Railway Stocks, Gold Market,’
Foreign Exchange, New York
City Banks, Boston Banks,
Philadelphia Banks, National

390

Miscellaneous

391

GAZETTE.

Banks,

393
396
397

etc.

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

City and

Corporation Finances

THE COMMERCIAL

Epitome

390

News

THE BANKERS’

Commercial
Cotton
Breadstuffs

389

—Leases and Guarantees

\

398

.....

TIMES.
405
407

401 I Dry Goods
Prices Current.,

402
404

|

€l)rontcU.
The Commercial

and

Financial Chronicle is issued

day morning, with the latest

news up

on

Satur¬

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for the

Britain

THE CURRENCY BILL.
Some years ago a

military genius conceived the idea of
using gun-cotton as a cheaper substitute for the ordinary
nitrous compounds used in war.
Unfortunately for this
ambitious projector, it was found in practice that gun-cotton
had two

or

three serious defects.

One of them

was

that it

off when wanted. It was also obstinately
prone to go off of its own accord before or after the proper
time. So dangerous and capricious an auxiliary our military
and naval authorities had therefore soon to drop.
It had
no
possible use, and was full of positive danger. A
similar fate is reserved for another ingenious invention ;
would seldom go

that of paper money,

which is equally explosive, obstinate^
disappointing and full of peril. Our inflationist apostles
have
been
vociferating
like country mountebanks
for the last six months, and have poured into the ears
of the credulous public prophecies as to the coming
age of
Forty-four millions o
greenback expansion.




by itself, but it was very well
beginning. Meanwhile every dollar of greenbacks was
endowed with a mysterious power of increasing itself four¬
fold by generating bank credits that everybody might ex¬
pect a share of this newly-generated wealth ; and what was
of more importance prices at the Stock Exchange would go
up, and those who wanted to get suddenly rich had nothing
to do but to hurry down to Wall street, and buy for cash,
or on a
margin, or any how they could, the heaviest burden
of stocks which they felt able to carry.
That such exhortations repeated day by day for months
have had so little effect refutes triumphantly the shallow
criticisms we so often find in foreign papers, charging our
people with the grossest ignorance of the rudimentary truths
of political economy.
No candid observers who have had
the opportunity of personal observation here and abroad
will have any hesitation in according to the people of
this country the same proficiency in the practical knowledge
of political economy which was ascribed to them a quarter
for

THE CHRONICLE.

NO. 460-

was

not much

a

century ago bj Alexis de Tocqueville. In no other
country can there be found so widely diffused an acquaint¬
of

a

with the fundamental

principles of economic science;
which, as M. Gournay said a hundred years ago, com¬
mercial pursuits are the best tutors, and business activity one
of the most effective instructors. Commercial activity being
greater here than in other countries, it is no wonder that a
(jeople so ingenious and quick to learn as ourselves should
have profited by the tuition that the life and energy of com¬
merce have such a tendency to improve.
The feverish fluctuations at the Stock Exchange and the
violent rush to sell which the last few days have developed,
offer abundant proof that a number of victims must
have been imposed upon by the inflationist prophecies, “ that
if Congress would only take action on the currency, no
matter what the action might be, stocks would inevitably go
up and general business revive.” Congress has taken action ;
but stocks, instead of going up, have gone down. The clique
who have led so many victims astray now turn around, and
are
apparently as eager to make money by bear speculation
as they were a/ew days ago
to promise their credulous
followers, an advance. In Wall street manoeuvres, as in
those of other battle-fields, the leaders have sometimes no
other chance of safety but to change front quickly.
Sub¬
joined is the bill whose passage by the House on Tuesday
has caused so much turmoil and excitement.
It will be an
interesting document to keep on record as part of the finan¬
cial history of the times.
ance

of

THE NEW

CURRENCY BILL.

fix the amount of United States notes and
of national hanks and for other purposes.
Be it resolved, &c., that the maximum amount of
notes is hereby fixed at $400,000,000.
A hill to

the circulation
United States

v"v,

[April 18,1874.

THE CHRONICLE

386

Section 2. That $46,000,000 in notes for circulation, in
to such circulation now allowed by law, shall be issued to

addition
national

.

Legal tender reserve on the basis of the reports of Sept. 12, re- ,
qaired under existing laws—‘Jountry banks
$31,800,328
Redemption cities
38,045,588
New York city
50,268,741

banking’ associations now organized, and which may be organized
hereafter, and such increased circulation shall be distributed
Total
$115,813,657
among the several States as provided in section 1 of the act Would have been required under the Senate bill—Country banks. $59,311,241
entitled " An act to provide for the redemption of the three per Redemption cities
50,468,381
50,268,741
centum temporary loan certificates, and for an increase of national New York city
bank notes/* approved July 12,1870; and each national banking
Total
:
$160,548^63
association now organized, or hereafter to be organized, shall keep The difference, being an additional legal tender reserve, which
would have been required under the Sena* e bill had it been in 1
and maintain as a part of its reserve required by law one-fourth
force, of
:
$44,734,706
part of the coin received by it as interest on bonds of the United Legal tender reserve actually held Sept. 12—Country banks
46,310,707
States, deposited as security for circulating notes on Government Redemption cities
38,433,912
*
46,864,341
deposits, and that hereafter only one-fourth of the reserve now New York city
prescribed by law for national banking associations shall consist
Total
$131,608,960
of balances due to an association available for the redemption of The additional amount of lawful money reserve which would have
been required by the Senate bill, if in force Sept. 12, over the
its circulating notes from associations in cities of redemption, and
,
amount actually on hand
.?
28,939,403
upon which balances no interest shall be paid.
...

We last week

explained how needful it was that Congress
WAS ADAM SMITH THE FOUNDER OF ECONOMIC SCIENCE ?
greenback legislation alone and should refuse
Michel Chevalier in the Journal des Economistes has
to touch the sacred ark of the currency.
One reason we
twice asserted of late that the honors claimed for Adam
assigned was that any possible legislation of this sort would
Smith as the founder of the Science of Political Economy
certainly work a contraction of credits by deranging confi¬
are not wholly due to him, but should be shared in part
dence and paralyzing business.
The Comptroller of the
Currency has made some calculations illustrative of the with the celebrated M. Quesnay, the physician of Louis
We
contraction of credits which the foregoing bills would XV. and the founder of the sect of the Physiocrats.
are far from wishing to undervalue the eminent services
produce. He confines himself to the effect of the Scott
rendered to economic science by Quesnay and by the
amendment, as it is called, which requires every bank in
the country to keep its reserves at home. Such an arrange French economists of his time, but few persons who have
ment would cause an immediate contraction to an amount made'themselves familiar with the early literature of the
nearly equal to the bank currency authorized by it. This science have failed to arrive at a conclusion directly refut¬
contraction would take place at once, while the issue of the ing the long-exploded theory just taken up by M. Chevalier.
It is open to insuperable objections, but before looking at
new bank
currency will be, for obvious rea&ons, very slow.
should let the

The

following is the letter of the Comptroller, which will
be the more intelligible if we remember that the bill to
which it refers allows only one quarter of the amount of
the reserves of the banks of the redemption cities to be
held in .New York instead of one-half the amount; and as
to the reserves of the country banks one-quarter can be

them let

us

first examine the evidence in its favor.

Adam Smith is well known to have been
terms of
ance

as

on

intimate

friendship with David ITame to whose acquaint,
more than to any other living friend so far

he owed

his

watched

economic

studies

were

Mr. ITume

concerned.

with

appreciative approval the development of
and was in constant communication with
thought
kept in New York instead of three-fifths as under the present
the leaders of the great intellectual movement in Paris in
law:
Office of the Comptroller of the Currency,)
his time.
From Hume, therefore, as well as from other
Washington, April 11, 1873. j
Sir : In accordance with your verbal request I inclose herewith sources, Adam Smith is presumed to have learnt all about
statements showing the amount of legal-tender reserves held by Quesnay and the theories of the French economists.
But in
National banks

26, 1873.

on Feb. 28, April 25, June 13, Sept. 12, and Dec.
Also, the amounts to be held under the Senate bill,

French

1763 Adam Smith went to France himself and made the

quired to be held by the banks, as follows : February 28, 1873.
$43,930,998 ; April 25, $43,877,008 ; June 13, $44,696,515; Sept.
12, $44,734,706; December 26, $40,961,367.
The amount of
legal-tender reserve actually held at National banks at each of
these dates was in excess of the amount now required by law.
The amount required to be held, under the pending bill, in ex¬
cess of the amount actually held at those dates would have been
as follows: Feb. 28, $25,015,639;
April 25, $20,535,633; June 13,
$8,237,839; Sept. 12, $28,935,403. The amount of legal-tender
reserve held by National banks,
Dec. 26, 1873, was $45,170,787 in
excess of the amount
required by the existing law, and $4,218,420 in excess of the amount which would have been required by
the pending bill had it been then in force. This large increase in
the cash means of the banks may be easily explained by compar¬
ing the statements at that date with the statements on Sept. 12
previous, showing a reduction in the loans of banks of $91,599,454. Very respectfully,
'
.
•John J. Knox, Comptroller.
The Hon. J. A. Garfield, House of Representatives.
From these estimates it appears that under the new bill the

personal acquaintance of Quesnay and Turgot and the other
economists of Paris, with whom he was in correspondence
till 1765, when he returned to England with his pupil, the
Duke of Buccleuch. Ten years after his return to England
Smith published che “ Wealth of Nations,” the first part of
which appeared in 1775 and the rest in 1776„ As a mark
of the esteem of its author the “ Wealth of Nations ” was
to have been dedicated to Quesnay, whose death in 1774
alone prevented it. Such is the external evidence on which
the charge of plagiarism is founded.
It simply amounts to
this, that Adam Smith knew Quesnay in 1763, and must
have been previously aware of his labors in the domain
of political science. But it is on record that Adam Smith’s
lectures, though first published in 1775 in book lorm, were
delivered as early as 1748 in the University of Edinburg*
and that prior to Smith’s first seeing Quesnay at Paris he
had for ten years been teaching in Glasgow and in Edinburg

arrangement would be partially subverted which has

all

now

pending in the House, providing for increasing the National

bank circulation to $400,000,000, from which it will be seen that
under the pending bill, if it had been in force at those dates, an
additional amount of legal-tender reserve would have been re¬

mized currency by making the
the functions of bankers’ banks,

econo¬

the

distinctive

doctrines set

forth in

the

Wealth of

New York banks perform Nations. It is also known that Quesnay’s Tableau Ecokeeping the reserves of the nomique, his first publication, did not appear till 1758,
banks of the interior as does the Bank of England for the six
years after Smith began to teach his system, and that
other banks of Great Britain.
Thereafter country banks Quesnay’s only other work, Maximes generates de gouvernewould be required to keep in their vaults an
average of ment economique cV un rogaume agricolef ou constitution natabout $25,000,000 of legal tenders in excess of the amount urelle des
gouvernements was not published till 1768. This
under the existing laws, and the redemption cities would be was three or four
years after Smith’s last visit to Paris, and
required to keep from $17,000,000 to $18,000,000 more if either of these celebrated authors were indebted to the
than at present.
other it was more likely that Quesnay, rather than Adam
Among the tables illustrative of this point, the Comptroller Smith, should have been the borrower.
gives the following, which comprises the statement of Sept.
But, in point of fact, if we analyze their principles, we
12, a week before the panic of last year;
shall And that they have very little in common. Quesnay said



(THE

April 18, 1874.1

which wealth
denied this fundam°ntal dogma, and declared that labor was the chief
source of wealth and labor only,
Quesnav said that agri
cultural labor was productive, and all other labor sterile.
Adam Smith proved, on the contrary, that a manufacturing
laborer so far from being an unproductive factor in society,
is able by mechanical aids to be more productive, and to add

earth was the true and only source from
could be obtained by man* Adana Smith
the

early as 1734 Jacob Vanderlint, following
Locke, maintains Quesnay’s doctrine that
all taxes fall ultimately on land. And Lord Lauderdale, in
his inquiry on the nature and origin of public wealth, quotes
from an earlier English writer, Mr. Asgill, the following
sentence, which was printed in 1696, and contains the germ

to

the stock of

and only one put in their
place. This favored tax, which was to survive its fellows,
was a tax on real estate levied on
the produit net or yearly
returns after all expenses are paid.
This theory of taxation

and that there

Economy. As
footsteps of

the

national wealth than a whole regiment
of agricultural laborers. Finally Quesnay, true to his fun¬
damental dogma, declared that all taxes should be abolished,

more

ought to be one tax

Quesnay’s whole system. What we call commodities,
says Mr. Asgill, “ are nothing but land severed
Man deals in nothing but earth. The merchants are the
factors of the world to exchange one part of the earth
for another.
The king himself is fed by the labor

of

from the soil,

rejected by everybody as impracticable. How superior
was Adam
Smith’s whole theory a century of world-wide
experience sufficiently shows. Smith’s chief
taxation has long been adopted by the governments of the

principles of
most progressive nations of Europe.
They are summarized
every
person
in the classical rule that “
ought to contribute
the carrying on of the government in proportion to the
to

the State.” After
lapse of a century this fiscal principle and the others
laid down by Smith are now as highly regarded as when
they were first promulgated as part of the new system of
political economy of 1776, the very year that the Declara¬
tion of American Independence ushered in a new nation
he enjoys under

and the clothing of the army and
victualling of the navy must all be paid for to the owner
of the soil as the ultimate receiver. All things in the world
are originally the produce of the ground; and there must
all things be raised.”
Some of our inflationist readers will
feel less interest in this quotation than in tLe title of the ambi¬
tious little essay, from which Lord Lauderdale took it.
This
title was “ Several assertions proved, in order to create

of

was

revenue

387

CHRONICLE.

the protection of

the

the

ox.

the

of Mr.
proposition for
Quesnay’s
than half century
might
them still further back in Italy, and even in France
itself. Enough has been said to justify us in refusing to disturb, at the call of M. Chevalier, the old belief of all econo¬
mical schools that Adam Smith stands alone as the founder
of the edifice of economic science on the principle that labor
is the
of national wealth. In the grand temple of the
science
high place is undoubtedly due to Quesnay and to
Turgot and to Gournay and to other philosophers before and
since their day, but the place ot honor, the highest place of

species of money than gold” The purpose
a
Asgill was to support Dr. Chamberlayne’s
land bank, which was laid before the House of Commons
in 1693.
We have thus found the germs of
system in Holland and in England more
a
before Quesnay wrote. Did our space permit we

another

trace

Republic of Christendom.
We have shown how profound is the difference of princi¬
source
a
ple between these two writers. Quesnay chose as
foundation of his whole system the supremacy of agri¬
culture.
This foundation crumbled away under the first
touch of the inductive logic of Adam Smith, who declared all, belongs to Adam Smith.
that, labor, and labor only, is the chief source of wealth.
How true this theory may be is not here the question. We MOIETIES AND THE BILLS OF MESSRS. ROBERTS
cite it simply to bring out into a clear light the opposition
Mr. Wood, of New York, has the past week

into the

the

AND WOOD.
introduced
of the two systems. But we shall be asked how it happened
bill into the House of Representatives for the purpose of
thaf, differing so widely and so fundamentally, one was said remedying the defects disclosed during the past winter of
be borrowed from the other. The answer is that, not¬
the Custom Revenue Laws. This bill is in substance as
withstanding ihe diversities that we have named, the two follows:
systems bad much in common. First, they breathed the
all moieties and perquisites.
Prescribes
that all lines, penalties and forfeitures recovered for any
spirit of freedom, and refuted in different ways the
customs laws must be paid into the Treasury of the United
a

to

Abolishes

Sec. 1

Sec. 2

same

evils of the old mercan¬
tile system.
Both opposed, restrictions on trade, both
opposed the centralization of power in the hands of the
government, both opposed import duties pn food and the
necessaries of life, both aimed to restrict within the nar¬
and practical

violation of the

received by any officer of the United
Sec. 3 Makes it the duty of everylemploye in the Customs service to make
complaint of auy violation of the law detected to the District Attorney of the
district, and he to prosecute with utmost diligence.
Sec. 4 Makes it unlawful for any officer except the Secretary of the Treasury
to compromise any claim; and if any officer shall compromise it states that
rowest possible limits administrative interference with com¬ he shall be liable to imprisonment not exceeding ten years and not less than
year, and a fine of not more than $10,000. The Secretary may remit fines
mercial movements and industrial growth.
Both were proof
of no intention of fraud or no wilful neglect.
animated with the beneficent purpose of relieving the unhappy
Sec. 5 Limits forfeitures for undervaluation to the particular goods under¬
lot of the suffering masses, and of distributing on principles valued.
Sec. 6. Iu the absence of fraud, or in the absence of protest by the owner,
of impartial equity the fiscal burdens of the people; and, &c., the liquidation of duties shall be a final settlement
Sec. 7 Limits the time within which suit for penalties can be brought to two
finally, Quesnay’s teachings more than those of Smith were
years, provided the person or property shall within the same period be within
animated by a lofty philanthropy, and a supreme regard the United States.
8 Repeals the old laws as to seizures of books, and provides that when.
for intellectual and moral progress as the ultimate end of
it shall appear to the satisfaction of a Judge of a District Court of the
all material growth, the aim of all fiscal reforms.
United States that the books, &c., of any person charged with fraud, Ac., are
in the trial of the case as evidence, such Judge shall issue an order
Such were the chief features common to the two systems.
for the production of such books, &c., within the custody of the court to be
But these common characteristics were not original. Neither used
evidence in the case, the owner and his attorneys. &c., to have free
to them, &c.
Quesnay nor Smith ever laid claim to any one of them.
Sec. 9. All acts and parts of acts inconsistent with this act are hereby
In proof of this we need only refer to Turgot and to the
repealed, nothing herein contained to affect existing rights, &c.
Abbe Morellet, their friendly contemporaries.
Turgot This subject of the revision of the revenue Jaws has already
plainly intimates that the. Free Trade theory was borrowed been so thoroughly and ably discussed before the Investiga¬
from England.
In 1769 M. Morellet wrote a memoir of
ting Committee and elsewhere, and the evils of the present
the East India Company of France, in which he refers to the
system so plainly indicated, that one can easily try and de¬
Grand Pensionary John De Witt in Holland, and to John
termine the merits and demerits of any remedial measure.
Locke, Sir Josiah Child and to John Cary aDd other writers
But if we would reach a correct conclusion, we need, in the
n England as holding the progressive views of Political

mischievous heresies

States,

and no portion

States.

one
on

Seo.

ever

necessary

as

access

'




to be paid to or

e

.

-x.

place, to keep in mind that we are living under a pro¬
tective tariff, and that high duties furnish large inducements
for fraud.
As we have often said before, the question
whether a revenue or protective tariff is the better policy
for the government and people has no pertinency; it can¬
not be raised.
The people, ihrough their representatives,
have given their decision several times over in favor of the
protective system, and, therefore, for frauds under that
system we are to provide. When the nation chooses to try
the policy of low duties the provisions of the law to prevent
fraud maybe much less severe; but now the duties are
high, temptations to fraud are very great, and every honest
merchant, while he does not wish to be oppressed, must be
protected. The present statute, in the hands of unscrupu¬
lous agents,, has been found to be very oppressive; hence
the point is to open the door just wide enough to let the
honest man go free, but to keep it close enough to catch the
first

gling and other offenses against the Customs Revenue laws, or

the defects of the present law, preseut form.

of granting
especially objectionable;, and that the for¬
entire cargo to be divided among these harpies

investigation has proved that the plan

moieties

was

feiture of the

furnished such
who

unwilling to accept the above in their

We should be

In the second place, as to

were

to

an

For instance, the words “ and other persons”

leaves in the discretion of

whole
“

the Secretary of the Treasury a

of hangers on who may claim that they
the detection and in the conviction;” and

sw' rm

aided i

officers and agents the time
the plunder that honest men were not

inducement to the

share in

aiding in con.

and he shall annually report to Congress, in detail, all
payments by him for such purposes. Whenever any officer of the Customs *
or other person, shall detect and seize goods, wares or merchandise, in the
act of being smuggled, or which have been smuggled,- he shall be entitled to
such compensation therefor as the Secretary of the Treasury shall award, not
exceeding one-half of the net proceeds, if any, resulting from such seizure,
after deducting all costs and charges connected therewith ; and whenever any
person not an officer of the United States shall furnish to a district attorney*
or to any chief officer of the customs, original information concerning any
fraud upon the customs revenue, perpetrated or contemplated, which shall
lead to the recovery of any duties withheld, or of any fine, penalty or forfeiture
incurred, such compensation may, on such recovery, be paid to the informer
as shall be just and reasonable, not exceeding in any case the sum of $10,OOo
which compensation shall be paid under the direction of the Secretary of the
Treasury out of any moneys appropriated for that purpose.
Sec. 3. That no payment shall be made to any person claiming as an
informer in any case, wherein judicial proceedings shall have been instituted,
unless his rights as such informer shall have been established to the satisfac.
tion of the court or judge having cognizance of such proceedings, and the
value of his services duly certified by said court or judge for the information
of the Secretary of the Treasury, and when any fine, penalty, or forteiture
shall be collected without judicial proceedings, the Secretary of the Treasury
shall, before directing payment to any person claiming as informer, require
satisfactory proof that such person is justly entitled thereto.
victions of the same;

rogues.

the

[April 18,1874

the chronicle

388

we

should not have

a very

have
if at

honest Secretary he

may have reasons for allowing their claims.
Besides the
only in danger, but their very confidential clerks became last portion of the second section and the whole of the third
spies and co-conspirators. Then too the unceremonious seizure section it will be noticed does not include tf other persons,’’
of the books and private papers of the accused to hunt up
and hence, although the “ informer” can get but $10,000
evidence against him, was another feature of like character ;
and is required to have his right determined by the court*
altogether operating to entrap and enclose its victims as these “ other persons” can receive all the Secretary may in
surely and relentlessly as the devil-fish draws its prey his discretion see fit to allow. At first sight one would per¬
within its embrace, and with the like intent to crush it.
haps say there was little force in this objection because the
Now such a system as that could not be tolerated under any
early part of the second section where these words “ other
but the most despotic government; it is intensely repug
persons” is used is supposed to apply to smuggling alone*
nant to the better feelings of our people.
We drew that inference on reading it originally, but on a
Such being the situation, the first seven sections of Mr.
closer examination found such was not the case at all ; the
Wood’s bill abolishing all moieties and requiring the pay¬
words used are very broad—could not be broader—smug¬

penalties into the Treasury, &e., will,
doubt, receive the approval of a large majority of
the community. All the provisions contained in the sections
named are certainly wise. The limitation of the time within
which an action is to be brought is especially desirable; and
the ' confining the forfeiture instead of letting it extend
to the entire cargoes will meet approval.
WUh regard to
the eighth section, as to the examination of books, there
may be some question whether it is sufficiently guarded. We
suppose it is intended simply to provide for an ordinary
case of evidence,
and it is certainly a proceeding which
should not be allowed except in the case of an action actually'
begun. This section may need to be modified.
While, however, we thus approve of these features of Mr.
Wood’s bill, we must say that we think the bill is one-sided.
It goes to the root of the old law, and removes objectionable
features, but it appears to us to fail to recognize the neces¬
sity of at the same time protecting the honest importers
against wilful undervaluations and other frauds.
•We acknowledge the difficulty of suggesting a remedy
under such circumstances, and yet that difficulty must be
met and piovided for.
It will not do to open the gates so
ment

of collected

without

wide that

no

honest

man can

remain

an

importer; as nearly

possible, smuggling or successful fraud under the law
prevented. For this reason we would like to see
added the idea contained in the second and third sections of
the bill reported by Mr. Roberts, of Utica, only we think
these sections go farther than necessary, and are in some
respects very indefinite and objectionable. The sections in
question are as follows:

as

should be

duty of the Secretary of the Treasury,
specifically appropriated by Congress, to make suitable
compensation to informers and other persons aiding in the detection of smugSec. 2. That it shall hereafter be the

out of any moneys




gling i( arid other offences against the Customs Revenue
laws;” that is, it is left to the discretion of the Secretary to
give to any spy any sum of money he may choose. Hence
the conclusion is clear that through this broad gate, with a
satisfactory Secretary, one might drive nearly, if not all, the
abuses we have been subject to and are now trying to
abolish. Of course this must have been an oversight on
the

part of the one

who drafted Mr. Robert’s bill, and

Then again we should like
given to informers was fixed at less than

should be amended at once.
better it the sum

It strikes us that the amount paid an informant
depend somewhat upon the amount|the government

$10,000.
should
is

of the goods ; and that in most
half the above sum would be a sufficient

losing, not upon the value

any case one
inducement.

and the two
measure,
more

it

With these changes in the second section
sections thus amended added to Mr. Wood’s

seems

to us that

Mr. Wood’s bill becomes far

desirable.

which is worth considering.
That great high priest of the moiety system Jayne stated in
his evidence, that nine-tenths (we think that is the propor¬
tion as he gave it) of all the frauds on the revenue are
possible alone through the connivance of the revenue officers.
This may or may not be true. But still there is unfortu¬
nately some such a suspicion prevalent, and with the evidence
of Jayne becomes sufficiently strong to be the basis of action
on the part of our law makers seeking to enforce the pay¬
ment of'the customs duties.
Here then are two parties, the
fraudulent merchant and the dishonest officer, and of the
two no one will say that the officer is the less culpable.
There used to be a public sentiment which passed the
severest judgment upon the corrupt official.
Is there, then,
There

is

one

other point

why—and as a remedial measure it would have
of being peculiarly effective—the law should not
be so framed that the spy should receive at least as large a
compensation for discovering an officer who has thus con¬

any reason
the quality

merchant who has
acted with him ? And why should not the officers’ bonds¬
men be required to respond if the amount of the forfeit
could not otherwise be collected? The object of all this
species of legislation is to prevent fraud, and thus enforce
the collection of the revenue.
Even honest importing
merchant is not only in favor of, but his entire profits
depend upon the attaining of that eud, and Congress, of
course, above all things desires it.
Here, then, is a pro¬
vision which would serve the merchants and Congress, and
go a great ways towards collecting the revenue.
Can any
one then suggest any good reason for not incorporating it

nived at fraud

as

into Ihe present

389

THE CHRONICLE

April 18, 1874.)

Jersey lines showed a loss to the Pennsylvania Rail
$685,689, but it is believed after 1873 they will show but
little, if any, loss in working them, the large expenditures made
to lessen the cost of moving and handling freights upon them
being now nearly completed.
The New

road of

for discovering the

law?

LEASES AND GUARANTEES.

The

following is

statement in detail:

a

LINES EAST OP PITTSBURGH.

The

guarantees of the Pennsylvania Railroad Company upon the bonds
of other companies, as well as its liabilities assumed under leases of
the lines of other companies-excepting New Jersey lines, the deficiencies
of which have been deducted from the surplus revenue of the main linewit h the results of the business of each line respectively during the year
1873

were as

follows:

*>

Philadelphia & ErieNet earnings, $428,756 36 ^rental and interest on bonds,-$938,351 32; deficit,
$509,594 96.
Western Pennslvania—
Net earnings, $348,968 77; rental and interest on bonds, $108,000; surplus,
$240,968 77.

Allegheny Valley—
Pays the interest upon all its bonds out of its net earnings on
portion of its l.ne.
Pennsylvania CanalInterest upon bonds paid out of the net earnings.
Susquehanna CoalInterest upon bonds paid out of the net earnings.
Connecting Ra’lway.
Included in the United New Jersey Railroad.
Northern Central Railway Company’s Lease of the
The deficiency paid by the Northern Central

PENNSYLVANIA RIILROAD— BILANCE SHEET-STOCKS
BONDS HELD—LEASES AND GUARANTEES. *

AND

In the Chronicle of March 21, on page 285, was published a
full leview of the President’s report for the year 1873, and since
that time the printed report has been issued containing the

company’s balance sheet, a detailed statement of stocks and bonds
of other companies owned, and a list of leases and guarantees.
As to the changes in capital account during the year a full
statement was previously given, and the following shows the
condensed general balance sh^et December 31, 1873:
FINANCIAL CONDITION DECEMBER 31, 1873.
Debtor.

capital stocli-full paid.....'
part paid

To

$67,056,750 00
1,087,725 00

“

“

Total amount of capital
To mortgage debt
To lien of the State upon

paid in

.

the Public Works between Phila¬
delphia and Pittsburgh.
$5,401,675 41
To mortgages and ground rents at 6 per cent
104,509 32
To hills payable
To acceptances given

$2,470,963 90
2,140,833 34

to other companies

$68,144,475 09
37,639,600 00

ana

To

transferred with the lease

contingent fund

Balance to credit of

43,145,784 73
4,611,797 24

Baltimore & Potomac—
Its net earnings used

.

to improve its line.

•

Deficit, $297,000.

Pittsburgh, Virginia & Charleston—
Its net earnings used to improve its line. Deficit, $53,900.
Danville, Hazleton & Wilkesbarre—
Deficit, $105,186 26.
The American Steamship Company —
Reports no net earnings applicable to interest. Deficit. $90,000.
Junction Railroad CompanyBonds guaranteed jointly with the Philadelphia & Reading and

Philadel¬

phia & Wilmington & Baltimore Railroad Companies, the interest being
provided from the net earnings of the line.
Total—Net earnings, $777,725 13; rental and interest on bonds, $1,046,351 32;
surplus, $240,968 77; deficit, $1,163,749 87. Deduct surplus as above, $240,9ti8 77.
Leaving total deficit for the year, $922,781 10.
LINES WEST OP PITTSBURGH.

Pittsburgh,
Nett
Rental and
operated by Penn. Co.* earnings.* int. on bonds.
Pitts. F. Wayne & Chic .$3,522,m 37 $2,617,177 24
Newcastle &Beav.Val..
192,514 73
140,435 79
75,752 96
Lawrence Railroad.:
76,01133
380,626 00
Erie & Pittsburgh
484,318 74
1,337,353 51
Cleveland & Pittsburgh.. 1,797,013 10
535.235 60
Jeffersonville Mad. &Ind.
446,199 88
206,000 00
Indianapolis & Vincennes
62,137 01
245,259 63
Indianapolis & St. Louis.
301,301 84
461,805 83
St. L., Alton & Terre H..
389,607 29
710,769 94
Little Miami Railroad
162,017 77
Col. Chic. & Ind. Central.
233,182 72 1,343,342 05
271,395 16
St. L. Vandalia & T. H...
276,200 80
35,000 00
Chartiers Railway
18,29115
Lines west of

Surplus.

$

$904,855 13

52.078 94

Deficit.

258 37
103,772 74
459,639 59
89,035 72

143,862 99

....

56,042 21

72,198 54
548,752 17
1,110,159 33
4,805 64

16,708 85

$7,960,908 73 $8,360,153 71 $1,581,472 62 $1,980,717 60

1,581,472 62
399,244 98

11,658,791 12
4,322,225 25
2,000,000 00

$140,725,636 77

Grand total

Railway Company and the
$108,068 65.

Deduct surplus as above
Net deficit on above lines

6,842,563 43

profit and loss

Williamsport & Elmira RR.

Pennsylvania Railroad Company jointly estimated at

..

To accounts payable, including freight and passenger balances
due to other roads, pay rolls and vouchers for December, 1873,

paid to January, 1874; also dividends unpaid and dividend
scrip outstanding
.
To appraised value of securities owned by the United N. J. Co.,

the completed

Creditor.

*
In addition to the above, the Pennsylvania Railroad Company is liable for
the interest on one-half of the first mortgage bonded debt of the Grand Rapids
& Indiana Railroad, being $280,000 gold per annum, hut has never been called

upon to pay any portion
from its own resources.

of this; that company having provided for
,

The loss as above, is met by
from other sources than the

the same
'

the Pennsylvania Company out of its income
operation of leased lines, which amounts to

$1,076,206 27.

charged to construction, equipment and real
estate accounts for the railroad between Philadelphia and
Pittsburgh, comprising 994 miles of single track, including
sidings, stations, warehouses, shops ana shop machinery,
which cost in cash exceeding $50,009,000, with rolling stock
estimated to he worth in cash $20,000,000; also the real estate

Total amount

stock and bond held by the Pennsyl¬
of its assets is given in the following
table, and a note to the report says that the securities of these
various companies, whose traffic contributes to the advantage and
of a present estimated value of $12,000,000, and amounting in
all to over $82,000,000
$48,571,808 18 profit of the main line, now pay to the company in the form of
A full account of every

vania Railroad as a part

dividend and interest exceeding four per centum per annum upon

Other Asset*.

By amount of bonds of railroad corporations
By amount of capital stock of railroad corpora¬
tions.....

$20,165, t98 23

the cost,

30,284,120 86

243,100
By amount of bonds of municipal corporations...
By cost of bonds representing contingent fund.2,000,000

00
00

Total cost of bonds and stocks belonging to the Company..
By appraised value of securities owned by the United N. J.
Companies, and transferred with the lease
By amount of fuel and materials on hand for repairs, &c
By amount of bills and accounts receivable and amount due
from other roads, including amount due from the Philadelphia
& Erie Railroad Company, and fn'in the United N?w Jersey
Railroad & Canal Company for permanent improvements, as
well as for expenditures on tue Harsimus Cove property at
Jersey City; also for purchaso of anthracite coal properties
and advances made to railroad corporations, including pur¬
chases of equipment in use in some of these lines
By balance in hands of agents
By balance in hands of Treasurer

LIST OF BONDS OWNED

52,692,419 09
4,322,225 25
4,788,647 85

25,979,087 14
2,058,862 05
2,312,587 21

$140,725,636 77

Total

and it is expected that future developments
these results.
BY

THE PENNSYLVANIA RAILROAD
1873.

Allegheny County bonds, “Penn. RR. loan,” 6 per cent
Allegheny County bonds. “P. & S. Loan,” 6 per cent
Alex. & Fredericksburg Railway 1st mtg. bonds, 7 gold

Allegheny Valley RR. 1st mtg: bonds, 7 per cent
Bald Eagle Valley 1st mtg. bonds, 6 per ent
Bald Eagle Valley 2d mtg. bonds, 7 per cent
Bedford <fc Bridgeport RR. 1st mtg. bonds, 7 per cent
Central Stock Yard & Transit Co. 7 per cent bonds
City of Altoona bonds, “Water Loan,” 7>3-10 per cent
City of Harrisburg bonds, “Water Loan,” 6 per cent
Cincinnati & Muskingum Valley RR. 1st mtg. 7s
Columbia
Port Deposit RR. bonds, 7 per cent
Columbus Chic. & Ind. C. 2d mtg. $5,000,000 loan, 7s
Columbus Chic. & Ind. C. 2d mtg $10,000,000 loan, 7s

County of Clark, Ill., bonds, 8 per cent
Danville Hazleton & Wilkesbarre RR. 1st mtg. 7s

East Braudywine & Waynesburg RR.- 1st mtg 7s
East Brandywine & Waynesburg RR. extension 7s
Any account of tlie Pennsylvania Railroad—which Las obtained Erie & P ttsburgh RR. bonds, 7 per cent
the soubriquet of “ the great Pennsylvania gobbler”—would be Holliday’s Cove RR. 2d mtg. bonds, 7 per cent
Huntingdon & Broad Top RR. & Coal Co. consol, mtg. 7s
very incomplete without some account of its liabilities on leases Indianapolis & St. Louis RR. 1st mtg. 7 per cent bonds
& St, Lobis RR. equipment 7 per cent bonds
and guarantees.
The total deficit on operations of all leased Indianapolis
International Navigation Co. 1st mtg. bonds, 7 per cent
roads in 1873 is shown in the following statement. On leased Jersey City & Bergen RR. 1st mtg. bonds, 7 per cent
Lawrence RR. 1st intge. bonds, 7 per cent
lines and guarantees both east and west of Pittsburg (not includ¬ Lewisburg Centre & Spruce Creek RR. 1st mtge bonds, 7s
Mifflin & Centre Co. RR bonds, 6 per cent
ing United Companies of N. J.), the result was as follows :
Newport & Cincinnati Bridge bonds, 7 per cent
Northern Central Railway 7 per cent income bonds
to
Net
Rental and
Surplus Deficient L088
Ohio & Pennsylvania Bridge bonds, 7 per cent
RR.
Pa.

East of Pittsburgh..
West of Pittsburgh.

Total




earnings,
$777,725

7,960,909

interest.

$1,0:6,351
8,360,154

earnings,

$240,969
1,581,473

$8,758,634 $9,406,505 $1,822,442

of their

lines will still further increase

earnings.
$1,163,750
1,980,718

$922,781
399,245

$3,144,468 $1,822,028

Pennsylvania Canal bonds, 6 per cent
Pennsylvania Company Is. mortgage bonds, 7s gold
Pennsvlvania Railroad 1st mortgage bonds, 6 per cent
«
“
2d ’
“
*

COMPANY, DEC. 31,
....

$8,500
2,000

512,00u

3,959,000
....

29,100
100,000
1,000,000

300,000

50,000
4,600

752,000
I,0u0,000

1,258,000
3,504,000

15,00u

264,000

112,900
3,600

100,000
20,000
19,000
440,000
50,000
350,000
271.000
9,000
1,500 000

200,000

1,200,000
1,000,000

2,000
18,000
8,111.000
3,000

1,000

I

41551...3685702024CAHLlletwervlgeishabonundyng,

Phila. & Erie RR. 6 per
“

**

Pittsburgh, Va. A Charleston RR. 7s

739,000

500,000

gold bonds

3416812..725855037096.PNLWToytiuwlosmishpbdwvuynrrelntgeah,

JJ'bOOO
0,000
2< 8,000
5,000

1,024,000

:

Steubenville A Indiana Railroad 7 per cent bonds
St. Louis A Iron Mountain Railroad bonds, 7s gold

225,000
900^000

Louis, Vandalia A T. H. RR. 2d mortgage, 7s
Louis, Vandalia A Terre Haute RR. 7 per cent, income
Toledo, Tiffin & Eastern Railroad 7 per cent g Id bonds
Warren A Franklin RR. 1st mortgage bonds, 7 per cent
Western Pennsylvania RR. general mortgage, 7s
“
“
1st mortgage, 6s
“
“
'
branch bonds, 6 per cent
West Chester & Phila. RR. 1st mortgage 7s
,
Wrightville, Yoru. & Gettysburg RR. Cs
St.
St.

Pittsburgh, Cin. & St. Louis It. W.

292,500
10,000

148,000

15,000

52,000
1,029,000

consolidated mortgage, 7s

Total

LIST OP STOCKS OWNED BY

TIIE PENNSYLVANIA RAILROAD
1873.

$29,053,200
COMPANY, DEC. 31,

NO. OP

SHARES.

PAR.

NAME OP SECURITY.

$2,075,000
Valley Railroad stock, no dividends
400,000
dividends
184.100
3,682. .Bald Eagle Valley Railroad stock, 8 per cent
1,828,600
36,572. .Baltimore A Potomac Railroad stock, no dividends
308,950
6,179. .Bedford A Bridgeport Railroad stock, no dividends
325,000
6,500. Chartiers Railway stock, no dividends
22,OJO..Cleveland, Mt. Vernon A Delaware RR. stock, common,
4,000..American Steamship stock, no

no

REDEEMING agent.

NAME ON BANK.

LOCATION.

Merchants’ Nati’nal Importers

New York—

and Traders’ National Bank,

York, approved as Redeeming
Agents.
First National Bank Central National Bank, New York, apNew

Bank

Binghamton....
Wisconsin—
La Crosse

proved as an additional Redeeming
Agent.

1

1

No National Banks

organized during^the past week.

Catest fllonctarn anir doinmercial
RATES OF EXCHANGE AT

<EngUsl) Neroa

LONDON, AND ON LONDON

AT LATEST

EXCHANGE AT LONDON—
APRIL 3.

DATES.
EXCHANGE ON LONDON.

„

1,100,000

dividend-

Mt. Vernon A Delaware Railroad stock, pre¬
:
ferred, ho dividends
25,547. .Connecting Railway stock, 6 per cent, guaranteed, 6 p. c...
5,286. .Cresson Springs stock, no dividends
4,744. .Cumberland Valley Railroad stock, preferred, 8 per cent...
“
“
“
common, 8 per cent
19.516..
& Lancaster Railroad stock, 7per cent
1,130. .Junction Railroad stock, no dividends
19.217.. Jeffersonville, Madison & Indianapolis RR. stock, 7 p. c...
Miami Railroad stock, 8 per cent
A Tuscarora Bridge Co. stock, no dividends
Bridge stock, 12 per cent
6.040..Lykens Valley coal stock, no dividends
A Cincinnati Bridge stock, no dividends
250. .New Jersey Stock Yard A Market Co. stock, no dividends.
Central Railway Company stock, no dividends...
70.231.. Pennsylvania Canal Btock, no dividends
160,000. .Pennsylvania Company preferred stock, 6 per cent
40,984. .Pennsylvania Railroad stock, 10 per cent
Steel Company stock, 6 per cent
& Erie Railroad common stock, no dividends.
“
48,000..
“
preferred stock. 9 per cent....
A Merion RR. stock, one instalment only paid, nodiv.
80. .Philadelphia A Southern Mail Steamship stock, no divid’s.
60,000..Pittsburgh, Cin. & St. Louis R. W. preferred stock, no divs.
Ft. Wayne & Chicago R. W. special 7 per cent
...

guaranteed stock
51..Pittsburgh, Ft. Wayne & Clue. R. W. common stock, 7 p. c.
Virginia & Charleston Railroad stock, no divid.
Palace Car stock, 12 per cent

j!

REDEEMING AGENTS OF NATIONAL BANKS.
The following are the changes in the Redeeming Agents of
National Banks approved since the 16th inst.
These weekly
changes are furnished by and published in accordance with an
arrangement made with the Comptroller of the Currency:

CHANGES IN THE

cent bonds, currency
J^old

Pullman Palace Car bonds, 8 per cent,
Shamokin Valley A Pottsvllle RR. 6s gold bonds
South Mountain Iron Company bonds, 7 per cent...

i

[April 18,1874.

THE CHRONICLE,

390

LATE8T
ON

290.100

RATE.

TIME.

-

1,277,350

132,150
237.200
975.800

762,550
56,500
1,921,700
281.200

7,490
375.900
302,000

720,000
25,000
2,421,000

3,511,550
8,000,000
2,049,200
679.800
1,581,800

2,400,000
1,250

TO,000
3,000,000
BfiP
1,280JMV
5,100

465,000
123,300

PennsylvaniaTtailrond Stock, no dividends
25,048.. Summit Branch Railroad Stock, 6 per cent
10,000..Susquehanna Coal Company Stock, no dividends
& Clearfield Railway Stock, no dividends
2.498.. West Chester & Philadelphia R. R. Preferred Stock 8 p. c..
19.453.. Western Pennsylvania Railroad Stock, no dividends
Jersey Railroad Stock, 2d and 3d instalments, 8 p. c..
6.341.. Wrightsville, York A Gettysburg Railroad Stock, no div...
39,263. .Shamokin Coal Company Stock, no dividends

275,000
1,252,400
1,000,000

4,263,018
16,856,891
893,616

4,399.671
19.608,555

.

11.18%@11.19%

short.

Amsterdam...

@25.65
Antwerp
@20.57
Hamburg
Paris
@25.30
Paris
@25.55
Vienna
@11.50
Berlin
f,.25%@ 6.25%
119 11-16&119%
Frankfort
32%
St. Petersburg
48%@48%
Cadiz
Lisbon
90 days.
52% @52%
3 months. 29 30 @29. .15
Milan
29330 @29.35
Genoa
25.60
20.53
25.20
short.
3 months. 25.50
11.45
•

•

„

.

•

.

RATE,

TIME.

DATE.

1

-

.

April 3.

short.

44

•

•

3 mos.
short.

#

April 3.

•

11.93
25.20
20.16
25.20

ii!l9

3 mos.

0.21%
118%

44

•

....

short.

....

....

•

•

•

29.30

Naples
New York
Rio de Janeiro
Bahia
Buenos Ayres..

@29.35
•

....

•

•

•

....

....

•

.

•

•

•

•

•

•

«

•

.

Feb. 21.
Feb. 14.

....

•

.

•

....

•

•

•

•

$4 85 per
26%

April 2. 60 days.
April 1. 90 days.

•

...

Valparaiso

26
49

....

....
f

...

.

• •

Feb.

i.
Jan. 26.

Pernambuco
Montevideo...
..

60

Bombay

days.

Calcutta

Houg Kong...

Shanghai

....

April 2.

1 1-o%
1 10%
4s. 3d.
'

....

4s. 3d.

....

Alexandria....

....

....

Mch. 26.

....

•

•

•

4s.

4%d.

6s. 0d.

Mch. 26.

;;;

4.

| April 1.

Is. 11 3-106?.
Is. 11 %</.

6 mos.
•

Mch. 10.

25%
51%

....

April 2.

Feb.

Penang

Singapore

<4

•

•

3 mos.

i

57 %

m
96%

I From our own correspondent.,!

508.800

124.900
972,650

April 4,1874.
The week commenced with considerable depression existing in
317,050
981,5
the market for nearly all descriptions of securities, Erie Railway
Total
$44,541,240 shares and British Railway shares being prominently depressed •
The heaviness in the former was chiefly caused by the statement
SUMMARY.
Par Value of Bonds
Jt
$29,053,200 00 that Mr. Dunan, the late auditor, disagreed with the accounts,
Par Value of Stocks
44,541,240 00
though he had issued them as correct. It is said by some parties here
%
Total
$73,594,440 00
that he had only agreed to them as being approximately correct,
Cost as per General Account
$52,692,419 09
wlibh might be applied perhaps to all large accounts ; but if, as
A comparative statement of tlie operations, etc., of the Pennsyl
has been reported here, he now asserts that the floating debt is
vania Hailroad for five years past is shown in the following :
much larger than is represented in the last balance sheet, he com Operations and Fiscal Results.
mitted a grave error in signing the document, assuming that he
1872.
1873.
1869.
1870.
1871
5,250,393
4,699,985
5,879,684 knew that the accounts were not only approximately correct, but
4,229.363
4,352,769
Passengers carried
144,728,802 150,823,446 152,890,512 173,840,512 177,448,863 vastly incorrect.
Passenger mileage
The Committee of Investigation authorized to
8,459,535
7,100,294
9.998,79-4
5,427.401
Freight (tons) moved.. 5,402,991
the
accounts
look
into
have already published a preliminary state¬
3,669,071
3,161,4-11
4,527,501
2,550,389
Inelu-1 Coal
2,329,358
787,560
524,451
614,757
416,966
376,650
ding f Fuel A mater’ls
ment.
They call attention to the fact that the reports circulated
$
$
$
$
$
3,631.137

Passenger earnings
Freight
Other receipts

3,758,043

12,932,657 12,793,160
980,504
687,018

3,875,656
14,052,304
791,877

gross earnings... 17,250.812
Operating expenses.... 12,203,268

17,531,707
11,260,085

18,719,837
11,823,433

22,012,525

5,047,544
3,075,643

6,271,622
3,455,357

6,896.404

8.247.852

3,625,062

4,711,497

Total

Net earnings

Dividends, 10 per cent.

13,764,673

Financial Condition at Close of Each Tear.
33,493,112 33,850,000 41,339,475 53,271,937

Capital stock
Funded debt
State lien

Mort’ges A ground

17,779,504 26,732,564 28,443,340 29,326,600
5,924,717
5,758,905
5,584,700
6,082,5:48
161,009
215,959
102,809
rents
102,809

payable
)
Acceptances
V
Acc’ts, pay rolls, Ac.. )

5,573,323

Contingent fund

1,000.000

1,000.000

2.001.000

998,955

524,392

1,253,888

65,030,303

73,097,215

90,072,070 116,658,824

Construction (n. to Pbg) 14,087.741
Phila. A Col. RR
5,375,733

11,217,968
5,375,733

15.237,965
5.375,733

Bills

4,962,734

11,069,503 j

/

Securities Un. N. J. Co
Profit and loss

Total liabilities

3,713,2-16

11,016 952
4.065,225
2,001,000
6,1)19,154

6,182,418

6,974,191

7,459,101

4,271.507

4,726,419

2,475,437

2,482,595

5,258,643
1,279,718

18.309,837
5,375,733
11,154,555
6,085,737
1,512,002

ConstrucTi, equip., Ac. 32,392,866

33,806,907

34,610,160

42,437,860

Stocks and bonds
20,055,744
Securities Un N. J. Co.
Fuel and materials.
2,307.282
Bills and accounts.
8,624,485

26,608,221

27,030,772

2,221,146
8,824,083

2.179,133
13,273.510

45,341,254
4,065,225
3,347,769
18,890,398

758,422

969,228

1.180,995

818,436

2,009,267

1,395,322

Equipment
Real estate and tel’g’ph
Monon. A Del. extens n

Agents’ balances

.

...

Treasurer’s balances...

Tot prop’ty




.

80-1,182
845,744

London, Saturday,

54,285

in New York

were

coincident with the introduction of the new

and for that reason its object was apparent.
floating
debt
of the company, instead of being $7,000,24,886,009
15,440,305 000, as stated by Mr. Dunan, is in reality only $3,404,9,445,704 288, and as regards all debts outside the floating debt, as
5,918,140
floating, the sum of $2,082,321 must he added, making a total of
$5,486,709. The effect of these rumors and the strike upon the
68,144,475
37,039,600 road has been to bring a certain amount of discredit upon the
5,401,676 line, but
they are also calculated to throw American securities into
104,509
2,470,964 the background and militate against the success of new under¬
2,140,833
Investors do not naturally feel comfortable when their
11,658,791 takings.
4,322,255 securities become
simply a Stock Exchange football, to be im¬
2,000,000
6.542,564 proved or depressed in value almost at the will of cliques of specu¬
140,725,637 lators. The loan recently asked here is stated to have been a
19,610,224 success, and notwithstanding some .opposition offered by influ¬
5,375,733 ential
parties a settlement has been effected ; but any considerable
15,333,714
6,563,619 dealings in it are checked for the moment by the uncertainty which
1,688,518
prevails about the financial position of the line. The directors
48,571,808 have endeavored, it is thought by many, to be plain with
50.692,419 the
public, but the statement of the late Auditor has naturally
4,322,225
4.788,648 damped their confidence in the company.
The whole affair ;is
25.979,087
in
the
hands
of
directors
who,
to
re-establish confi¬
obviously
the
2,058.862
2.312,588 dence, should; make another and very ^explicit return upon the
877,783

loan in London,
The

via a*89t8. 65,030,303 73,09T,215 90,072,070 116,658',821 140,725;63?' condition of affairs,

•i

who believe in Eries, and those
sanguine and have speculated largely in
them, have suffered heavily. A great speculator has this week
come to grief. Amongst other large operations lie had, it is under¬
stood, about 10,000 Eries open. These were carried over from
last account at 41£, but on the sale of his shares the price receded
to 82f.
Nearly all weak holders of shares have now, however,
been cleared out, so that the market has lately assumed a steadier
tone, while prices have recovered materially.
The committee of the Stock Exchange, on having to further
discuss the matter of the Erie railway, have granted a quotation
to the second issue of consolidated mortgage bonds, so that in
future that security will be quoted as the official. This announce¬
ment is calculated to have a good effect. In reference to the un¬
dertaking the following announcement has been made by the joint
managers in London:
are

many

very

who have been thus

The Erie

Railway Company,

12 Copthall Court, April 2.
Copies of a document purporting to be an act of the Legislature of the State
of New York have heen recently freely
circulated with the view of creating a
belief that a committee of investigation into the affairs of the Erie Railway
Company has been officially appointed.
We have to say that no such act has been introduced, that no such committee
has been appointed, and that the document is a fraud, and part of a system
reviving attempts to iDjure the Erie Railway Company.

ArpSiNcopFi^NSON’ } Joint Managers in London.

F.

In the

391

THE CHRONICLE.

April 18,1874J
There

.-4.

money]market, owing to the termination of the quarters,

the bills which have arrived at

maturity to-day, and to the fact
that much money is required for holiday purposes, there has
been a fair degree of animation ; and the supply of money being
somewhat restricted, no accommodation has been obtainable
under the official minimum of 3£ per cent. The week closes with
a somewhat easier tone
apparent, but with no actual alteration in
the rates. The quotation are as under:

in the buUion market is the diminished
to the East.
a

decided

to the

requirements of silver

At the sale of commercial hills

India there

on

was

falling off in the demand for the means of remittance
a reduction of two per cent took place.

East, and

gold.

Bar Gold
Bar Gold, fins

d.

s.

s. d.

standard 77 9 @
standard, 77 9 @
per oz. standard. 77 11 @

per oz.
per oz

Bar Gold, Refinable
South American Doubloons

United States Gold Coin

.

peroz.
per oz. none here.

....

73 9

....

....

@74 0
@

....

....

SILVER.

d.

s.

Bar Silver, Fine
Bar Silver, containing
Fifle Cake Silver
Mexican Dollars
Five Franc Pieces

The
ties

per oz.
per oz.

5 grs. Gold

standard. 4 10)4
standard. 4 11#
no

peroz.
peroz.
per oz.,none hers

4

9)4

d.

s.

@ ....
@ ....
price
@
@

....

....

closing prices of consols and the principal American securi
subjoined;

are

„

Consols for April account.
92#@ 92)4
United States 6 per cent 5-20 bonds, ex 4-0
106#@106#
do
1865 iSBue,
109#@109#
do
1867issue
108#@109
do
5 per cent. 10-40 bonds, ex 4-0
103#@104#
do
5 per cent Funded Loan, 1871, ex 4-0
104)4@104)4
Atlantic and Gt West., 8 per cent. Debent’s, BiBchoffsheim’s ctfs.. 43 @ 48
Ditto Consolidated Bonds, 7 per cent., Bischoflsheim’s certificates. 22 @24
Ditto 1st Mortgage, 7 per cent bonds
61 @62
Ditto 2d Mortgage, 7 per cent bonds
\
41 @42

Dittoed Mortgage

£0

Erie Shares, ex
do preferred
Ditto6 per cent. Convertible Bonds,
Ditto 7 per cent Consolidated Mortgage Bonds
Illinois Central Shares, $100 pd., ex 4-0
Illinois and St. Louis Bridge, 1st mort
Louisiana 6 per cent. Levee Bonds
Massachusetts 5 per cent, sterling bds, 1900
New Jersey United Canal and Rail bds
New York Central $100 shares
Panama Gen. Mort. 7 per cent bonds, 1897
Pennsylvania Gen. Mort. 6 per ct. bds, 1910
Virginia 6 per cent, bonds, ex 4-0....

20 @
35#@
59 @
...x.d. 95)4®
91#@

,

20)4
86%

60
96)4
92)4

94 @95

100 @102

40 @45

95 @97
100 @101
x.d. 95 @ 96

98 @99
98 @99
35 @40

—

quiet, and the
tendency of prices has been in favor of buyers. There has, how¬
Per cent.
Percent.
Bank rate
4 months’ bank bills
4 @4#
ever, been no material alteration, the principal variation being a
3#
6 months’bank bills
4 @4#
Open-market rates:
reduction of 3s. per sack in the price of town-made flour. For a
30 and 60 days’ bills
4 and 6 months’ trade bills. 4#@5
@3#
8 months’ bills
@3#
long time past the flour market has been exceedingly slow, and
The rates of interest allowed by the joint stock hanks and dis’ this reduction was fully anticipated. The agricultural prospect
count houses for deposits are subjoined :
continues very encouraging, and though the weather has been
Per cent.
,
Jointstock banks
2#®.... mild, vegetationMs not in a forward state.
Discount houses at ca.l
2#@.
The following figures show the imports and exports of cereal
Discount houses with 7 days’ notice
2#@
Discount houses with 14 days’ notice...
2#@.... produce into and from the United Kingdom since harvest, viz.,
k
The following are the rates of discount at the leading Conti. from Sept. 1 to the close of last week, compared with the
corresponding periods in the three previous years:
nental cities :
Business in the

corn

market has continued very

..

...

..

Bank

Open

I

rate. market.
cent, percent.

Paris
Amsterdam

1

St. Petersburg

4#
3#
2#

Berlin

4

2#

Rome

Frankfort
Vienna and Trieste....
Madrid, Cadiz and Bar¬

3#

2#

Antwerp

5

5

celona
Lisbon and Oporto....

.

6
7

6
7

Open

rate.

market

per cent, per cent

4#
3#

Hamburg

Bank

...

Brussels

Turin, Florence

6#

6#

6

5#

5
6

and

Bremen

4

Leipzig

4#

4#
5#
8#
4#

5

4#

I Genoa

1

published this week shows a considerable
but the change is chiefly due to the
termination of the quarter, and to the holiday requirements. The
increase under the head of “ other securities” reappears almost
entirely under "that of “other deposits;” and there being an
diminution of resources,

increase of

nearly £1,000,000 on the note circulation, and a
diminution of £458,765 in the supply of bullion ; the reserve haB

by

as much as £1,443,045. The
to liabilities is now about 38
per cent. In

proportion of

reserve

spite of that return

immediate advance in the bank rate is not expected. On the
contrary, there are indications of returning ease.
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 Mule Tarn fair second quality ,
and the Bankers* Clearing House return compared with the
four preceding years ;
any

1870.

1871.

1874.

1873.

1872.

£
£
i
£
Circulation, including
£
bank post bills
3,822,401 24.917,491 26,393,794 26,506,864 27,014,407
Public deposits
9,706,318
8,325,682 10,621,035 12,711,523 15,860,387
Other deposits.-....
17,831,142 20,161,913 19,230,841 19,736,7 46 18,740,226

Government securities. 12,827,812
Other securities
18,822,166
Reserve of notes and
coin

Coin

12,023,492
and bullion

22,865,663 25,961,226

13,881,442
28,810,207

13,110,913 11,336,371

12,136,509

12,941,143

18,309,090

4Lm

11,067,091

in

22,446,263 22.358,406

English wheat

42s. 5d.
ll#d.

55s. 9d.

Is. 3#d.

la.0#d.

.

quality

Clearing House return.

28,388,151

5,493,757

5,641,562

10,238.011

Oats..
Peas
Beans

538,340
2,819,756
9,012.035
2,996,651

1,586,776
12,529,889
4,295,040

Indian Corn
pioar

3 p. c.

92#d.
7#d.

3)4 P. c.
92)4 d
•

2d.
54s.
11 l-16d.
Is.

3)4A

23,206,594 22,687,201
4 p. c.

93d.
55s. 4d.

3)4 p c
92d#

9#d.

60s. lOd.
8 3-16d.*

Is. 2)4d.

Is. 0)4d.*

mall

demand for bar

gold for export, and some

supplies have been sent into the bank. The chief feature




800,186

7,868,101

4,765,969

5,514,573
480,016
2,149,379
11.499,028

i;9?8,209

4,578,209
448,426
1,054,048
9,110,167
2,776,291

134,992

2,031,237

2,159.144

20*2,833

9,771

9,054
2,225

10.355
5,351
1,0«2

13,748
85,444
7,092
19,363

94,o20

?S’?2o
13,199

52.886
950,687
39,689
14,468
56,256
1,269,643

66,735

Peas
Beans.
Indian Corn
Floor

4,719
43.901

English Market Reports—Per

Cable,

closing quotations in the markets of London and Liver¬
pool for 1 he past week have been reported by submarine telegraph
The daily

as

shown in the following summary:

London Money and Stock Market.—American securities
65’s and 67’s i

close—

higher, and new fives £ lower than last Friday.
decreased £13,000 during the week,

The bullion in the Bank has
Consols for money
“

U. S. 6s

92#
92#

108#

1867

104
104#

U. S. 10-408
New 5s

Tbs

Mon.

92#

(5-20s,)1865,old.. 109*

“

“

sat.

92#

account

Wed.

Tne*.

92#

92#

92#
109#

92#
Xl06#
108#
104#
X10J#

169#
108#

108#

104

104

104#

104#

Thur.

Fri.

92#

92#

93

92#
109#
108#

106#
108#
104#

104
104

104

6s (1862) at Frankfort were:

quotations for United States

98#

U. S. 6s(5-QOs) 1862

98#

....

98#

Liverpool Cotton Market.—See special report of cotton.
Liverpool Breadstufl* Market.—Breadstuffs close buoyant at
advanced

quotations.

s.

d.

Mon.
s. d.

27
11
12
12

6

27 6

Peas (Canadian). ..%l Quarter 42

6

# bbl
spr)..$ ctl
(RedWinter)..... 44
(Cal. White club) 44
(West, m’d) # quarter

Flour (Western)
Wheat (Red W’n.
“

Corn

Sat.

3
4
8
88 6

11 3
12 4
12 8
38 6

42 6

Taes.
s.

d.

27
11
12
12

6
5
4
9
89 0
42 6

_

,

Wed.
s, d.

27 6
11 5

12 4

12 9

81 0
42 6

.

Thur.
8.

27
11
12
18

d.

6
7
4
0

40 0
48 0

Liverpool Provisions Market.—Lard closes at a decline,
other prices are all higher as compared with a week ago.
XX V* IT

Pork (mess) new
no

5,741,708

19,385,172

1,520,153

Oats

UOUi

There has been

cwt.

Wheat

...'7. 112,570,000 86,699,000 136,024,000 124,851,000

♦Prices March 26.

1870-71.

25.o32.221

EXPORTS.

«

both departments.... 20.472,757
Bank rate
3 p. c.
Consols
93& d.

Mid. Upland cotton....
No.40 mule yarn fair 2d

cwt. 26,086,917

13,812.327

22,316,051

1871-72.

Wheat
Barley

Barley

The bank return

fallen off

IMPORTS.
1873-74.
1872 73.

KVV • • .

ttbbl..,

Lard (American)....

Mon.
9.
d.
87 0
62 6

s.

45

3
6

87
62
42
45

74

0

74

42

Wed

Tues

d

8.

d

•

Thur.
S. d.

b

6
8

87
62
42
45

6
0
0

87
63
42
45

0

74

0

74

o

6

0
0

Fri.
d.

8.

28
11
12
13

0

8
4

0

41 0

43 0

but
Fri
8.

•

d

6

0

87
63
42
44

6

75

0

0

6
6
9

THE CHRONICLE

392

Liverpool Produce Market.—Common roam has declined 3d and
spirits turpentine is also lower.
Mon.
s. d.
6 6
13 0
1 0

Sat.
e. d.

Rosin (common)...
fine

cwt..
“

6

6

18

0

Petroleuuifreflned).... V gal 1 0
9*
9*
(spirits;
“
9#
37 9
37 9
TallowfAmerican)...$ cwt. 37 9
40
0
0
40
OloVerseed (Am. red).. “
40 0
32 0
32 0
Spirits turpentine..... “ 32 0

s.

8.

d.

8

1

6
13
1

0

“

last week’s

on

62 3

spot, $ cwt
26 5
Sperm oil
# ton 105 0 0
Whale oil
“
33 0 0
Linseed oil..
28 6 0
“

26 6
105 0 0
33 0 0
29 0 0

£

d.

r.

2778811

Lins’dc’ke(obi).tn 11 15 0
Linseed(Calcutta)....

Sugar(No.l2D’chstd)
on

..

0
0

37
40
31

9
0
6

&X
37
40
31

9
0
6

9
0

6

shows

an

prices.

Mon.
£ 8. d.
11 15 0
62 3

Sat.

FrI.
d.
6 3
13 0
11
8.

9#

9X
37
40
31

Oil Markets.—Linseed oil

London Produce and
advance of 3s.

Thur.

Wed.
d.
6 3
13 0

Tues.
8. d.
6 6
18 0
1 0

Tues.
£ s. d.
11 15 0
62 3

Wed.
£ s. d.
11 15 0
62 3

6

26
105 0
33 0
29 0

26
0 105 0
0 33 0
0 28 9

6
0
0
0

26
105 0
33 0
28 9

s.

d.

11 15
62

0
3

26
6
0 105 0
0 33 0
0 83 9

6
0
0
0

£

COMMERCIAL AND MISCELLANEOUS NEWS.

against $9,851,827 last week, and $12,431,936 the previous week.

$5,199,462 this week, against $4,742,056 last
week, and $6,047,968 the previous week. The exports of cotton
the past week were 4,791 bales, against 7,834 bales last week.
The following are the imports at New York for week ending
(for dry goods) April 9, and for the week ending (for general
merchandise) April 10:
The exports are

1872.

1873.

1874.-

$2,380,178

$2,767,692

$1,463,656

General merchandise...

3,433,679

7,902,758

4,787,702

$3,060,909
8,217,169

Total for the week..

$5,813,857
105;672,824

$10,670,650
119,848,911

$6,271,358
127,195,517

$11,278,078
110,396,414

$111,486,681

$130,519,561

Dry goods

Previously reported....
Since Jan. 1

Iu

Week
Nov. 15
Nov. 29
Dec. 6.....
Dec. 13
Dec. 20
Dec 27
Jan. 3....
Jan.10

1873.

1874.

$5,421,753
69,398,543

$5,199,462

$73,159,180

$64,801,504

$74,820,296

$78,004,468

Previously reported....
Since Jan. 1

1872.

.

with

year,

a

7—Str.
8—Str.
9—Str.
9— Str.

Silver
bullion
and
Mexican dollars
Silver bars

Paris

April
April
April
April

11—Str. Acapulco
11—Str. Weser
11—Str. City of Paris

San Jose, Ca.. .U. S. silver coin
London
Gold coin
Liverpool
Gold bars

11—Str. Adriatic

Liverpool

*.

Previously reported
Total since Jan.

1, 1874

Same time in—
1873

I

equipment and the

been

as

specie at

4,976*,886 44*,*852,4*00

84,246,933
86,240,743
87,817,545
87,360,169
86,801,529

San Domingo..Silver

April 6—Str. Atlas

Savanilla

Silver
Gold.

April 6—Schr. Geo. Staples

Tuxpan

Gold

April 6—Str. City of Guatemala..Havana

a

Silver
Gold bars

500
1,457
4,980

'

$22,440
1,092,591

Gold

April 7—Str. Merrimac

St.Thomas

Total fortheweek
Previously reported....
Total since Jan. 1, 1874

$1,115,031

Same time in—

I

Same time in

—

| 1869
57*,725 I 1868
2,907,667 ! 1867
6.102,639 i

$1,059,688

1872
1870

$7,187,685
2.589,164
665,678

2,469,500
2.099,500

986.600

723,200
694.000
616.800

1,503,800
2,0:35,000
1,349,000

23.200

222,800

2,265,000

647,200

686,400

348,662,175

798,500

348.603.188

998,800

859,600
410,000

889,600

485,200

860 000

644,000
462,800
891,400
438,700

348,637,504
848,618.605
348,586,000

770,000
1,105,609

348,695,954

1,055,000
1,054.200

634.300

1,688,5C0
'

979,800

1,028,200
1,021,000
1,292,000
82,600

1,298,060
1,384.000

348,571,869
349,071.057

1,196,300

566,200

980,800
914,000

326,900

348,977,883

353,560

958,200
541,100

1,015,500

necessary

fuel and supplies for operating the

at the Cotton and Produce

a

Exchanges.

BANKING AND FINANCIAL.
BANKING HOUSE OF FISK &

HATCH,

No. 5 Nassau Street.
We

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

business.
We also deal in the Central Pacific and Western Pacific
Gold

Bonds, which, at present prices,

are

very

Land Bonds at 85 and accrued interest, secured

3,505
1,495

37,176,100
35,613,500

—We notice the formation under date of the 15th inst. of

desirable for

*

also

selling the Central Pacific Gold Six Per Cent
by first mortgage
on nearly 12,000,000 acres of
the company’s lands in California,
Nevada, and Utah.
are

FISK & HATCH.
COTTON

CONTRACTS
.

61

Silver

186,800
362 noo

$9,584,952

$3,861
5,450
1,131

Gold

40,627,800
40,705,700

913,100
155,200

follows:

April6—Str. Tybee

3.002,629
2,730,408
4,086.124
3,781,554

fractional currency

investment.

this port during the past week have

8,234*362 40*,569*266

Treasurer, and dis¬

$9,464,084

16.897,258
7,080,02^
5,697,744

4,124,197 44,330,700
2,868,609 43,634,OCO

highly respectable banking and commission bouse under the firm
name
of Robb & Peet.
The partners of the firm are Mr. J.
Hampden Robb, junior partner in the late firms of James Robb,
King & Co., and King and Robb, and Mr. William E. Peet, late
of Messrs. Chas. B. Peet & Co., names to well known to require
any comment from us as to the character of the firm. They
have established themselves at 58 Wall street, and have engaged
the services of Mr. Charles Walsh, Jr., who will represent them

We

7,084,952|1866

imports of

$596,914
8,367,170

Same time in—

$16,510,818 I 1869
6,610.078 | 1868
16,668,860'1867

The

23.028
128.353

Silver bars

Total for the weak

25,000
42,200
3,o00
50,000

84.565,085
80,689,404
86,580,377

road.

comparison for the corresponding

London

4,871,996 42,908,900
3,705,405 45,661,800
2,261,022 45,406,300

St. Paul & Pacific.—Mr. Jesse P. Farley, receiver, has made

date in previous years :
April 3—Str. Corinth

April
April
April
April

85,860,430
85,867.361
85,949,553

his report to the United States Circuit Court at Dubuque, Iowa,
on the work done
by him on the St. Vincent Extension during
last season.
He reports 104 miles of the extension completed
and put in order by him.
The court authorized him to procure

73,705,006

Puerto Cabelio.. American gold coin.. $18,962
Port-au-Prince..American gold coin..
5.000
Havana
U. S. gola.
Crescent City
62,341
Cuba
Liverpool
Silver bars
176,782
City of Merida ...Havana
Ain. and Spanish gold
27,944
Pommerania
Hamburg
Silver bars
34,302

348.435.328
348,575.178

348,334.389

The following will show the exports of specie from the port of
New York for the week ending April 11, 1874, and since the

beginning of the

1,525,478 32,850,800

343,489,571

April 4
April 11....

EXPORTS PROM NEW YORK FOR THE WEEK

$3,820,952
60,980,552

-

March 7....
March 14...
March 21...

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 14 :
1871.

80.087 800

89,314,097

812,800
1,219,000

848,630.134

Jan. 17....
Jan. 24...,.
Jan. 31
Feb. 7
Feb. 14.-;..,
Feb. 21
Feb. 28

$133,466,875 $121,674,492

$3,810,849
69,348,331

31,309,20°

Notes in /—Fractional Currency.—, Leg. Ten
Circulation
Received. Distributed. Distrib’d.
1 972.000
786,800
819,600

ending

our

fortheweek

568,175
693,602

85,970,440

tributed weekly; also the amount of legal tenders distributed:

WEEK.

1871.

84,759,929

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

....

Imports and Exports for the Week.—The imports this
week show an increase in both dry goods and general mer¬
chandise. The total imports amount to $11,278,078 this week

VOBBISN IMPORTS AT NEW YCIIK FOR THE

Dec. 13.. 393,111,900 16,536,000.409,747,900
Dec. 20.. 393,241,200 16.515,200 409,756,400
Dec. 27.. 393,2H,900 16,365,200 409,580,100
Jan. 3.. 392,985,900 16,360,200 409,346,100
Jan. 10.. 392.983,900 16,360.200 409,344,100
Jan 17.. 392.515,900 16,360.100 408,8.6,000
Jan. 24.. 892.410,900 16,360,200 408,771,100
Jan. 31.. 392,494,300 16,320.200 408-814.500
Feb. 7.. 392,645.200 16 511,200 409,156,400
Feb. 14.. 392.740,200 16,210.200 408,950,400
Feb. 21.. 392,604,200 16,220,200 408,824,400
Feb. 28.. 392,515,950 16,265.200 408,781,150
March7.. 392.656,200 16,245,200 408,901,400
March 14 392,773,200 16,215,200 409,018,400
March 21 392,880,200 16,270,200 409.150,400

April 4.. 392,916,700 16,365,200 409,281,900
April 11. 392,970,700 16,465.200 409,435,900

Frl.

Thur.
£ s. d.
11 15 0
62 3

[April 18, 1874,

Advances made

on

i’aiIq fprolfl

Bought and sold on Commission only.
and approved Stock Exchange

Cotton

*

R. M. WATERS & CO.

56 Broad st

RAILROAD BONDS.—Whether you wish to BUY or SELL
HASSLER & CO., No. 7 Woll utreet. N. Y.

write to

L. W. HAMILTON & CO., Stock Brokers, 48 Broad street, New York,
have jest published a very interesting book, entitled “How Fortunes are
Made in Wall Street,” which they will miil free to any address.
All
interested in stock speculations should call or send for a copy.

Tumbridge & Co., Bankers and Brokers. 39 Wall street, New York, nego¬
tiate Puts or Calls on stocks costing $50 for 50 shares, $100 for 100 shares (30
days), at the following rates from the present market price of stocks:
-

National Treasury.—Tne

following forms present a sum¬
of certain weekly transactions at the National Treasury.

mary
1.—Securities htild by the U. S. Treasurer in trust for Nati >nal
Banks and balance in the Treasury :
Coin

Week

For

ForU. S.

ending Circulation. Deposits.
Total,
^ov. 15.. 393,087,600 16,600,000 409,687,600

/—Bal. in Treasury.—, tificates.
Coin.
Currency, outst’d’e.

79,936,397
jjov.22
81,820,000
2JOV. 29.. 393.215.500 16,611,000 409,826,900
ec. 6.. 393,245,900 16,611,000 409,856,900
83,256,940




cer-

3,298,661 29,037.080
3,250,000 28,850,000
"

30,117^500

April 17, 1874.

-

PUTS.

CALLS.

Be,ow

Above

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

Thirty-two

page

3
1

1
1

1
1
1
1

3X
2H
2
3
3
2
3
3

.

PUIS.

CALL8.

Below

Above

St. Paul common
1
Ohio and Mississippi.... 1
C., C. & I. C
Pacific Mail
Hannibal & St.
Erie
Gold

explanatory pamphlet mailed

on

3

1

2
2
2

2

3

Joseph. 1

2

Union Pacific

X

8X

2

application.

%

\

.April 18, 1874.]

THE

<&l)e Bankers’

CHRONICLE
Closing prices daily have been

(©alette.

Banks.
Fulton National Bank

period. *11.
5s, funded, 1831, ..coup....Quarterly. *115*

When
Books Closed.
P’able.

May

1 April 20 to May 2

5

May

1 April 15 to May 2

United States Express Co. (quar.)

ITbid ay,

The

Money

Market

April 17, 1874—6 P. M.

Financial

and

:

$2

Miscellaneous.

Situation.

The

financial uncertainties at

Washington whiffi have necessarily
been the principal topic of discussion in every Wall street report
for many weeks past, are happily drawing nearer to a conclusion.
We say happily, without referring to the tenor of the laws which
will be passed, but simply with regard to a present settlement of
the financial questions. At the moment of writing it appears
most probable that the Senate bill will become a law, as it passed
the House on Tuesday, and has siuce been in the hands of the
President awaiting his signature, which it is generally believed
will be given. Much discussion has arisen as to the immediate
effect of this bill, and the opinion is prevalent that, as it would
result in withdrawing a part of the legal tender reserves of
country banks kept in New York, the effect here would be con¬
traction. The bill which has passed the House and gone to the
Senate provides lor free banking,"redemption of bills at the Treas¬
ury in Washington, the abolishment of all reserve against cir¬
culation, and the withdrawal of all reserves from redemption cities
by the country banks. It is not yet known whether this will pass
the Senate.
So frequent a reference to these matters in Congress
would hardly be pertinent to our weekly report, except that they
now have a direct bearing upon every transaction in Wall and
Broad streets, and the Washington news over the wires is watched
wjth something of the extreme interest which attaches to the
reports of stock fluctuations in periods of active speculation.
The

course

of the call loan

market has been towards easier

rates, and while the

ordinary quotations were 4@5 per cent, early
in the week, there have been many loans at 3 per cent,
during
the past few days on the best class of collaterals. Mercantile
paper moves easily at 5J@6 per cent, for prime names, but the
amount of really first-class paper offering is quite limited.
Cable advices from London, on Thursday, reported the Bank of
England rate unchanged at
per cent.,*and a slight decrease in
bullion for the week of £l3,000.
The last statement of the New York
on

April 11 showed

excess

above

a
the 25

City Clearing House banks
further decrease in legal tender reserve, the
per cent requirement being $13,036,825,

against $14,954,700.
The following table shows the changes from
aud

a

comparison with 1873 and 1872

follows:
13.

6s, 1881

during the past week

Per
Cent.

Company.

as

April April April April April Apri

Int.

DIVIDENDS.
The following Dividends have been declared

393

previous

week

:

reg..Jan. & July. 119#
& July. *121
A Nov. 118
& Nov. *119#
A Nov. *120#
6s,5-20’s,1865 new,coup..Jan. A July. 119
6s, 5-20’s, 1867.... coup.. Jan. & July. 119%
6s, 5-20’s, 1868
coup..Jan. A July. 119%
5s,10 40's
reg.. Mar. & Sept. 114%
58,10-40’*..
coup. .Mar. & Sept. *114%
6s Currency
reg.. Jan. A July. *116%

6s,1881
coup..Jan.
6s, 5 20’s, 1862
coup..May
6s, 5-20’s, 1864
coup..May
6s, 5-20’s, 1865....Tcoup..May

*

IS.

14.

115%
*119#
*121#
113
*119#
121
119#
120#
*119#
114#

116%
119#
121#
118#
120
121#
119#
119#
120#
...

114# *114# *114#

114# 115# *115
117 *117 *117

Thi* i* the price bid, no rale was oiade at the

17.

16.

Mie# *116
*116#
119# *119# *119#
121# 121# *121#
*118# 118**118#
*120 *120 *119%
121# *121# *121#
119# 119# 119#
120# 120# 120#
120# 120
120

115#
115
*116# 117#

Board.

The range in prices since Jan. 1 and the amount
of bonds outstanding April 1,1874, were as follows:

of each class

<—Amount April 1.—^
Registered.
Coupon.
$176,349,150 $188,067,000
Apr.
Feb.
193,167,550
89,568,800
Apr. 14
16,479,100 152,114,050
Apr. 14

■Range since Jan. 1.
Lowest.

5s, funded 1881
6s, 1881
6s,1881
6b, 5-20’8,

coup.. Ill
reg.. 115%
coup.. 117
1862
coup
112#
1864
coup.. 114
1865
coup.. 115
1865, new coup.. 114#
1867
coup.. 114#

6a, 5-20’s,
6s, 5-20’b,
6s, 5-20’*,
6s, 5-20’8,
6s, 5-20’b, 1868
5b,10-40’s
5s, 10-40’s

116#
120#

121#

118#
120#
121#
119#
120#
20 120#

Jan.
Jan.
Jan.

Feb. 19
15
Feb. 18

Apr.

15
21
27

Apr.
Feb.

25.944.300
83,889,750

118,744,600

33,048,500

56.680.300

145,952,800

87^746,850 222,907.550
13,862,000
23,612,000
141,048,200

53,519,100
64,623,512

Railroad

Bonds.—There have been very few
in State bonds this week, the total Stock Ex¬

change sales footing
week for

2
8
3
6
6
3
3
2

coup...114 Jan.
110# Feb. 2 115# Mch.
112# Mch. 2 lib# Feb. 28
114 Jan. 6 117* Apr. 2

and

transactions

Jan.
Jan.
Jan.
Jan.
Jan.

15
10

..reg..
coup..
reg..

6s,Currency
State

Highest

some

time.

up a smaller volume than in any previous
From Virginia the news is favora¬

ble, and the tax bill has been passed—certainly by the House,

probably before this time by the Senate. From Louis¬
hear that preparations are going on to carry out the late
funding law; bondholders will be asked to fund their old bonds,
receiving 60 per cent, thereof in new bonds, and no certificate or
other evidence of debt for the remaining 40 per cent., which will
thus be relinquished. The sales of old railroad bonds at the Board
have been of fair amounts—Union Pacifies being the most active
and fluctuating considerably.
There is very little doing at pres¬
ent in the bonds now in default for interest, and their prices are
quite sensitive and variable. We have understood that the price
of Northern Pacifies was run down a short time since by the offer¬
ing of about $130,000, which a party sold, who was compelled to
realize on them at some price. On Wednesday Messrs. Adrian
H. Muller & Son sold at auction the following securities not often
sold at the Stock Exchange :
and

iana

we

$148,000—New York A Oswego Midland Railroad Co. first mortgage
7 per cent, gold bonds, due 1394. Interest Jan. and July, $1,000 each..
35#
$30,000—New Vork A Oswego Midland Railroad Co. 7 per cent, convert¬
ible bonds, due 1895. Interest May and November. 8 bonds of $1,000
each, and 44 bonds of $500 each
13
$124,000—New York A Oswego Midland Railroad Co. second mortgage
7 per cent, bonds, due 1895.
Interest May and November. 9 bonds of
10
$1,000 each, and 230 bonds of $500 each
$12,000—Monticello A Port Jervis Railway Co. of State of New York
first mortgage Tgold bonds, payable April 1. 1390. Interest quarterly.
Coupons from April 1, 1873. attached. $1,000 each
10
129 shares Central New Jersey Land Improvement Co. $100 each
47
50 shares Houston A Great Northern Railroad Co. of Texas

Loan* anadis.

Specie

Circulation....

”

1874.

,

.

26,804,600

26,797,800 Dec.

6 800

237,491,400

238,691,700 Dec.

1,200,300

Legal tenders.

56.983.100

55.573.800 Inc..

1,409,300

United

1872.

April 4.
April 11.
Differences.
April 12.
April 13.
$291,113,700 $293,666,300 Inc $2,552,600 $271,516,900 $274,354,300
24 045,600 23,835,400 Dec.
210.200
16,134,300
19,332.400

deposits..

Net

1873.

States

Bonds.—Government

27,714,400
186,899,200
35,493,800

bonds

have

27,987.000
193,287.100
36,828.800

83

$25,000 Lima (Ohio) Gas-Light Co. 7 per cent, bonds, due 1891. In¬
terest January and July.
Hypothecated
45#
185 shares Lima (Ohio) Gas-Light Co. Hypothecated, $100 each..
3#
....
$130,000 South Carolina bonds, viz., $100,0007 per cent, of 1888. January
and July; $30,000 6 per cent. April and October
19#

Closing prices daily,and the

shown

April April

?tri

13

since Jan. l,have been:

range

pril April April April
April
14.

16.

13.

17.

Since Jan. 1.
Lowest.
Highest.

,

Jan.
8 91* Mch. 11
activity and strong prices in consequence of higher 6aTenn.t old
79
87# *87# *87#
*87#
79
Jan.
9 91# Mch. 20
6a Tenn., new
*86
‘86#
gold and better quotations in London, the highest quotations be¬ 6a N. Car., old
•24
28
‘28
*28
28
Apr. 14 29# Jan. 24
Jan.
16
6 21# Mch. 21
*21
6a N. Car., new... *21
*21
•21
‘21
ing made on Wednesday and Thursday, when the influences just 6a VirK., old
40
Jan.
9 42
Jan. 30
*31
*32#
‘32# •32
50
Feb. 17 53# Jan. 27
conaolid. *50# •5'1
do
*50
noted were most predominant.
Foreign bankers were among the
11
Jan.
9 11* Feb. 13
>-* O X
do
deferred. *10# M0* *10* Ml
Jan. 12
•7
*7
*7
7\ Apr. 2 11
AJ....
principal buyers when gold advanced, but as it fell off again their S*S.C.tJ.
Mch. 3
*94
6a Miaaouri
90# Jan. 2 96
94*
“I# *94# *94#
*94#
96
95
*85
92# Jan. 3 96# Jan. 14
95*
Pac.,gold..
*95# *95#
purchases ceased. So far as home influences are concerned there Cent.
87
66
81# Jan. 2
Un. Pac., 1 at
86#
Apr. 7
86#
86#
86#
86#
60
Mch. 31
81
do
L’d Gr’t
75# Jan. 3 85
81#
seems to be every prospect that the demand for Governments
81#
81# *S1#
69
97
as
Mch.
27
do
88
73*
Jan.
9
Income.
85*
88#
87#
Jan.
5 105
101
•104
“,01
will be kept up, as there is a greater call for these bonds since Erie l8t M. 7a
•105
105
Apr. 7
Jan.
6
107
•105
•105
N. J. Cen. lat 7a.. 105
102* Feb. 3
the panic, and the current legislation, both as to an increase of Ft Wayne lat 7a.
104
Jan. 27 106# Mch. 19
•105#
Jan. 6
Boca laid let 7a... 105# *105
*105# *103# 105# *106# 101
currency and free banking, should, tend to strengthen the old gold
This is the price bid. no sale was made at the Board.
bonds. The Secretary of the Treasury^ states the amount of
bonds funded in the new five perj'cent. loan at $314,416,150, of
Railroad and Miscellaneous Stocks.—Stocks have been
which $300,461,150 were six per cent, bonds and $13,955,000 were
more variable, at times more active, and upon the whole, weaker.
five per cent, bonds of the loan^of 1858.
The cost has been The currency bills first supposed to mean inflation, and subse¬
$1,440,792. No commissions were paid on account of refunding
quently shown to have the probable result of temporary con¬
the loan of 1853 or the money received from the Geneva award—
traction, gave opportunity for changes in the tone of the market,
$15,500,000.
which those interested were quick to avail themselves of. There
Closing prices of securities in London have been as follows:
were also reports on the street
of important changes in the
through
traffic
over
the
Since
present
Eastern connections of the
Jan.
1.———«
April
April April
2.
10.
17.
Lowest.
Highest.
Union Pacific Railroad; and again, rumors of a defalcation
U. S. 6s, 5-20’s, 1865, o.... 109#
109#
109#
106# Apl. 15 110 Feb. 19 (officially denied) in a leading company whose stock is active
U. S. 6s, 5-20’s, 1867
109
108#
103#
107# Jan. 5 110 Feb. 19 In
short, there have been more of the old influences at work
U. 8.5s, 10-40’s
104
104
104
103# Feb. 16 105# Jan. 24
some

....

....

*

*

»

....

•

•

•

•

•

•

•

.

•

....

m

....

....

....

’

....

....

....

•

«

•

•

....

meiy

a

11

*

,

New 5s




104#

104#

104

.

102# Jan. 15 104% Apl. 13

which

usually characterized

stock

speculative

movements.

%

.394

I

{

Under these circumstances, and with

(April 18, 1874.

CHRONICLE.

THE

considerable sales of some

The following table will show
each day of the past week :

leading stocks, prices fell off yesterday, and this morning,
but turned upward sharply toward the close, and at the end
Openshowed about the highest prices of the day. Railroad earnings
ing.
are still below last
Saturday, April 11.... 118%
year, except on a few roads.
“ 13 ...113%
Monday,
The daily highest and lowest prices have been as follows:
Tuesday,
“ 14... 113%
Friday,
Saturday,
April 11.

do

pref.

Rock Island
St. Paul
do
pret....
At.* Pac.,pref.
Ohio a Miss...

70
<0%
100% 101 %
41
41%
60
6J
15% 15%
29% 29%

Boat., II.& E..

*.

...

Centra) ot N.J.

1%
105% 195%

Del.,L.& West

106
SI

West, Un. Tel.

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

Wells, Fargo..
*

»5% 99%

127

128

37%

35%
75%
44%
52%

76%
45%

54%
70%
101%
100%
41
42%
59% 60
70

15% 15%
29% 29%
1%
1%
106
106%
106% 107%

•

106%
82

Han. 4b St. Jos.
Union Pacific..
86%
Col. Cldc.* I.C.
31%
Panama...... .*110%

81% 82%
36
36%
82
32%

86%
32

111

76% 73
*27% .29%
46%
*98%

47%

•70
*....

71
79

111

*111

76% 77%
28

2S

*27
*....

....

37

*30

35%

46% 47% 46% 47% 45%
*99
98% *0S% 99
*62% 68% *63
65
61%
70% 70% 71% 71% *70%
»
*....

79

This Is the price bid and asked

»77

80

...

Highest.

Lake Shore
Wabash

73% Apr. 17
43% Apr. 17
Northwest
49% Apr. 17
do
pref
66% Apr. 17
Rock Island
97% Apr. 17
St. Paul
39% Mch. 7
do
pref
58 Apr. 17
Atlantic & Pacific pref. 12% Jan.
6
Ohio & Mississippi
28% Apr. 17
Boston, Hartf. & Erie. 1% Apr. 9
Central of New Jersey. 98
Jan.
8
Del., Lack. & Western. 99 Jan. 2
Hannibal & St. Jo
27% Jan. 2
Union Pacific
30% Jan. 2
Col., Chic, & I. C
27% Jan. 2
Panama
106
Apr. 17
Western Union Tel.... 71% Mch. 7
v

—....

80

* 78

79%

Jan.
Jan.
Jan.
Feb.
Feb.
49% Jan.
74% Feb.

22
36

was as

follows:

91

Nov.

53

10

Nov. 15

38%
92%
58%
68%
69%

Oct. 15 76% Feb.
Jan. 2 49% Mch. 27
Nov. 3 100% Jan.
Jan. 18 99% Mch. 19
Nov. i 70% Jan.
Jan. 2 65 Feb. 9
Jan. 21 73 Feb. 9 44% Oct. U 82 Jan.
Jan. 5 78 Feb. 11 56 Sept. 3 86 Jan.

Jan.

33

5

40% Feb.

earnings reported
Latest

«

are as

1874.

189,708
21,301
867,666

Men.

Chic., Danv. & Yin. Month of Mch.
Chic., Mil. & St. P.. 1 st week of Apr.

50,098
151,000

Chic. & Northwest. 1st week of Apr.

245,557

Clove., Col. Oin. & I. Month of

Mch.

318,976

Month of Feb.
Month of Mch.
Month of Mch.

17,017

1,413,223
567,554
39,241
245,774
324,483
161,031

Indianan., Bl. & W.. 1st week of Apr.
Kansas Pacific
Month of Mch.
Lake Sh. & Mich. S. 3d week of Mch.
Marietta & Cin
Month of Mch.

4

6

57

,

1873.

30,639
300.719
396,508

471,852

Exchange

Puts

April 17,1874.
below.
Gold for % bonus..
%$ %
W. Union Tel
1%®2
Pacific Mall
l%<$2

N. Y. C. & Hud...
£@2%
Harlem
3 445
Erie
2 @8^

or

Feb. li
4

Feb.
Jan.

Feb.

1873.

40,889

4,279,148

1,860,429
333,977

Calls

1

Puts

l

5
3
1
6

below.
1%@‘2%

Ilock Island
Mil. & St. Paul.
lUoii'i
Wabash
I^(<y2
Ohio * Mississippi.
£($1%

@1Y
<§,4*
@4%
\'@2%
(a 8

Calls
above.

2&'@4

..

Union Pacific

&<$!%
2%@3% j Han. & St. Joseph. 1 @2<4
2 ©3%
C., C. & I. C
1 @2
2% @4
|

2
1

@3%
@1%

April 17.

r-

60

4.88'©4.88%
4.8?%@4.88
• ••©• • -

5.13%@5.i4%

5 14%@5 15
5 14%®5 15

...5 19%@5 20
.40%® 40%

Swiss.
Amsterdam

96%® 96%

95%® 95%

Hamburg

41%® 41%
96%® 96%
72%® 72%

41 ® 41%
95%® 95%
71%® 71%

Frankfort
Bremen
Prussian thalers

The transactions for the week at the Custom

Treasury have been
Custom
House

13...
14..
15...
16...
17...

-Sub-Treasury.-Payments.
»

Receipts.
Gold.

$336,620 88
653,164 82

473,370 64
271,374 71
360.327 45
270,090 20

1,009.352 81
474,482 05

620,180 55
257,300 00

Gold.

Currency.
$416,739 64

1,200,192 08

$560,918 86
769,069 11

191,382 20

395,281 21

1,169,051 39

714,872 80

108.525 54

908,868 59

1,054,241 60

503,949 53

Total.. ....$2,259,000
Balance, April 10...
$55,222,542 24 $37,175.862 89
Balance. April 17...
$55,960,616 81 $30,374,997 34
New York City Banks.—The following

statement show

the condition of the Associated Banks of New York City for tli°
week ending at the commencement of business on April 11, 1874:
-AVKBAGK AMOUNT OF-

Circuit'
Legal
Net
tionCapital. Discounts. Specie.
Tenders. Deposits.
$865,500
$S,000,000 $11,686,000 $2,186,800 $1,123,600 $10,412,800
9,700
2,050,000
6,366,000
526,000
908,800
4,464,700
850,400
8,872,600
3,000,000 10,514,800 1,110, UK) 2,622,600
507,200
2 000,000
384,000
773,900
4,253,100
6,418,700
492,000
1,500,000
4,981,400
818.400
813,400
3,282.600
1,200
3,000,000
9,421,400 1,159,900 2,003,100
7.622,700
516,500
1,SOO,000
943,500
4,683,100
379,^00
3,724,800
1,000,000
6|50?!800 1,152,800 l,55i»,000 5,977,700
19,500
1,000,000
8,384,800
2,000,900
122,500
609,900
1,975,000
206,000
600,000
896,400
1,527,200
300,000
7,919,000
252,400
1,983,100
6,781,000
447,000
1,235,000
3,696,900
256,900
3,168,100
618,900
488.100
1 500,000
3 989 500
414,400
2,201 800
415.000
254,800
800,000
2,504 000
48,900
410,000
1,715,800
195.700
2,0 5,000
16,500
600,000
2,700
200,000
......
1,01<,200
117,400
888,000
258.700
600,000
8,347,200
460,100
415,600
2,983,400
174.100
500,000
1,265,400
5<,:i00
221,100
922,400
549,300
2.000,000
508.100 1,863,900
5.234,000
4,277,400
590.900
808.600 1,635,000
5 000,000 12,142,000
7,803,500 3,010.500
10 000,000
18>'41,« 00
72«,600 4 733,600
7,952,500
886.900
1 000 000
5,769,000
592,900
574,500
8,751,600
470.100
2ra.w>
iowoo
422,700
2,151,000
la,800
36.-1,400
1,832,000
830.9U0
312,100
3,140,900
2,000,000
5,069,W
849,900
130,600
450 (HM
2 421,400
286,100
363,800
2,420,800
5,500
412 500
1 525,000
6,600
209 400
1,271,000
Loans and

Banks.
New York
Manhattan Co

Merchants’
Mechanics’..........
Union
America

Phcenix..
City.............
Tradesmen’s
Fulton

..

...

Chemical

Merchants’Exch’ge.

Gallatin,National

But chers ’& Drovers’
Mechanics*Traders
Green wicli
Leather Manuf
Seventh Ward..., .
State of N. York..
American Exch’ge.
Commerce.....

Broadway

.

Mercantile::::::.:.: iffiooo
.....

..

Pacific

Republic

...........

Chatham

........

..

People’s

NorEhlmcric»:::.: im’m
Hanover
1.000.0(H)
510 000
1,0(0,100
400 000

Irvmg

Metropolitan

1811

Citizens

S

...

..

......

Market
st Nichoias::::::::
Shoe and Leather..
Corn Exchange

iWono

Orlpntal

Marine

.

300.000

...

Importers’* Trad’rs

1,500,000-

MechVBank’gAsso:

*@00
800,000

Grocers’

•

I’^an’mn
1,230,100

1.621,200

^JOO
b.300

Irn’inn
201,100

216.700

mm

41,2)0

85..,00

I’qoI’wot

|^i3‘4.000
19,231,200

274,600

1,100,200

306.600

254,300
183,700

eos.eoo

193,000

*^*432,600

2,779,8t'0
1,341,0(0
265,000
603.900
317.900
791,400
267,9(0
881,000
225,000
179,610

i

*>8,500

1,63300

1^20,000

271,000

2,(XX\000

5,851,300

place,

Dry Goods

1,000,0C0

2,329,800

movement.

the price soon afterward fell off, when the different
aspects of the practical working of the bill were discussed. To¬
day the price opened at 113$ and closed at 118$.
Whatever may be thought as to the
probability of any material
rise in gold after the measure of addition to the
currency becomes
definitely settled, it certainly does not appear that there is any
large party which looks for lower prices to come in the immediate
as

future.




-

280,000

8.000
25.000
227,600

hh63,900

211,200

15,500

returns

Inc. $2,552,600

Loans..

Dec.
Dec

^Specie.-

'Legal Tenders
1
The following are the
Loans.
..

651,400
938,000

-•••••

!,190,U00

The deviations from the
follows:

Mch. 14
Mch. 21...

915.000

<,67<,000

6,541, 00
7,145,‘00
923,00Q
^69,600
884,1X0
956,000
4,758,100

1,7M,600

$238,691,700 $26,797,8(0
previous week are as

$32,370,200 $293,666,800 $23,835,400 $55,573,800

Total

On

gold loans rates to-day were 3, 2$, 2 and 3$ per cent, for
carrying and <<fiat,> for borrowing.
At the Treasury sale of
$1,000,000 on Thursday the total bids amounted to $4,615,Q00
Custom* receipts of the week have bee» $2,259,000,

l,7o0,00(i
7,471,500
5,2a.,600
6,522,800
1,345,500

300,000
l,50(i,tCC
50C,(03
1,000,000
500,000
1,000,000
*250,CC0

...

....

360,000
490,000

3, <92 400

200,000

market.—There has been a little more activity in
gold this week, and on Wednesday the price advanced in the
morning to 114$, the highest point yet reached in the late upward

4,100

2,23*00

’92,600
5,900

This was on the first information that both of the
financial bills had passed the house, and it was
apparently the
result of first impressions that a decided inflation would take

l%@2%

Gold

130,800
3,900
362,900
738.600
790,3(H)
5,(00
536.S0C

5,548,400

14,800
21,200

969.700
1,067,000
20,962,2U0

350,000
500,000
5,0(K',000
2,000,000

1,179,000

417,000

I,b61.i00

i65,W0
1.041 700

291,009
167,500

5,592,000

8,790,000
1,369.900
2,294,600
2,187,900
imm

157,100

17.508.200

400,000

kiver

174,300

50,100
8,^95,300

2,247,000
383 700
186,800
466,500
mm

2;«woo

14 715,200

2.000.000

NorthRiVer

101,300

2:443:900

.v.mooo

Park

25,800

4,118,200
2,<55,OOU

1,000,000
I,tuu,uc0
2.000,000

Continental

171.000
710.000

13 11.000
1 399,800
2,505,400
3 245.400

l.uOCWO
1 000,000

„

126f<.00

2,605,000

-

wwo
809,100
520,000

.now

4,1.300

....

1,0J{0
1,521,600 3,726,6)0
o2,000
472f®^
6.7,400 1,^8,100
l,27o,800
?gl,20O
9^8,300 1,,;32,(WJ
21,300
25j,WK)
17 <.500
^^00

2^@3%
2%<a>3 -

Currency.

$71,242 82
18,584 91

East
.v'::::::
Manufact’rs’* Mer.
Fourth National....
Central National...
Second National.
Ninth National
First National
Third National
N.Y.National Exch..
Tenth National
Bowery National...
New York Co. Nat.
German American.

Lake Shore
Northwestern

.

Bouse and Sub-

as follows:
,

Receipts.
$308,000
415,000
445,000
439,000
404,000

,

3 days.

days.

4.85 ®4.85%
4.84%®4.85%
4.81%®4.83%
5.18%'8)5.19%
5 19%®5 20

London prime bankers’eterling...

“

responsible parties), at the following dis¬

aoove.

purchases from merchants, and on the other hand a moderate
supply of exchange offering, which has kept the market pretty
steady as above remarked. When gold was at the highest point
some considerable purchases of government bonds were made by
foreign bank.ers for London account, hut the subsequent decline in
gold
checked this movement. Quotations are :
b

“

Feb.
Jan.

594,552
646,060
3,756,515 4,211,909
178,009
476,274
508.984
Michigan Central.. 1st week of Apr.
138,051
144,388 1,941,474 1,852,311
Mo., Kansas & Tex.. Month of Mch.
258,600
256.719
740,980
681,751
Mobile & Ohio
Month of Mch.
174,968
260,127
838 603
682,243
Ohio & Mississippi.. Month of Mch.
297,613
338,725
802,291
913,960
St. L., Alton & T. II. l6t week of Apr.
375.242
20,9S5
25,150
308,410
do do branches. Month of Mch.
44,482
53,420
120,723
146,585
St. Louis & Iron Mt. 1st week of Apr.
48,086
523,296
54,671
577,003
St. L., Kans. C. & N. 1st week of Apr.
47,728
54,309
694,406
004,722
St. L. 4k Southeast.. Month of Mch.
107,971
114,423
319,318
299,374
Toledo, P.4b Warsaw 1st week of Apr.
28.^44
22,389
305,414
287,829
To!., Wab. 4b West. 1st week of Apr.
104,844
98,796 1,285,447 1,345,497
Union Pacific
Month of Feb.
607,990
491,784 1,228,705 1,015.758
West Wisconsin
Month of Mch.
4,958
234,454
74,53
155,623
Lapsley & Baziey, Brokers, 74 Broadway and 9 New street
quote stock privileges, $100 for 100 shares, 30 days'; $150 to $200, 60 days (on

Members New lork btock
tance from the market.

.of leading
higher

“

$97,494 $1,244,321 $1,253,217
19,441
246.984
298,833
939,778 2,510,224 2,521,061
49,773
150,307
146,395
125,700 2,039,160 1,439,418
220,292 3,182,054 2,705,267
441,386
964,663 1,203,272

19,193
33,631
1,628,742 4*149,648
660,759 1,685,559

113%

of any features of interest this week, and the rates
drawers have generally been steady at prices a fraction
than the figures at which business was actually done.
There has been a moderate demand for hills, including some

“

Jan.l to latest date.
1874.

113% $234,757,000 $1,226,500 $1,401,291
113% 217,880,000
823,679
942,407

exchange market has been devoid

Foreign Exchange.—The

"

June

Jan.

Current week
113% 113% 114%
Previous week
113% 113% 113%
Jan. 1,1874. to date.. .110% 110% 114%

.

41,510,000 1,226,500 1,401,291

“ 17... 113% 113% 113% 113%

(Friday,

April 11...

follows:

earnings reported.

Bur.,C. Rap.& Minn. 1st week of Apr.
Month of

Nov.

9

14

_

.

Jan.
Jan.
Feb.
June

28

21% Oct.

Wednesday,1*
Thursday,
"

*

Antwerp

117% Mch. 13
62% Apr. 21
79% Jan. 21

80% Oct.
21% Nov.
43% Nov.

Feb.
Jan.

Feb.

Total
Balances.*
Low- High- Clos¬
Gold. Currency.
est.
est. ing. Clearings.
113% 113% 113% $39,767,000 $1,176,588 $1,607,049
118% 113% 118%
15,126,000
902,103 1,066,430
113% 114% 114
27,764,000 1,048,500 1,196,988
15....114% 113% 114% 113%
49,318,000 1,651,008 1,894,000
16.... 113% 113% 113% 113%
61,272,000 1,811,238 2,078,667

.London good bankers’ do
London prime com. ster do
Paris (bankers)

77% Nov. 5 106% Feb. 9
90
Sept. 19 140 Apr. 5
35% Nov. 7 69% Feb. 2
97% Feb. 14
57% Nov.
32% Oct.
75% Jan. 1
Feb. 4
85
31% Oct.

84%
55%
62%
78%
109%

Roads.
Atlantic & Qt. West. 1 st week of Apr.

Denver Pacific
Erie
Illinois Central

71

*93
99
62% 62%
*70% 70%

99% 98%
W%
*70
*78

29
35
45

38%
49%
1
Nov.
12
3% Jan,
10%
109% Feb. 10 85 Nov. 10 106%
1
106
112% Feb. 10 79% Nov.
34% Jan. 12 15 Nov. 7 52%
38% Mch. 30 14% Nov. 1 39%
82% Mch. 30 16% Nov. 5 43%
118
Jan.
9 77% Nov. 6 130
82% Mch. 25 43% Nov. 1 94%
Jan. 19 85% Feb. 6
Sept. 30 46%

Wells, Fargo & Co
The latest railroad

Central Pacific

44% 45%

*27
*....
42

-Whole y ear 1873.
Lowest.
Highest.

1874, to date.-

N. Y. Cen. & Hud. R... 96% Apr. 17 105% Mch.
Harlem
118% Jan. 7 134% Feb.
Erie
34% Apr. 11 51% Jan.

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

79

from Jan. 1,3873, to this date
Lowest.

Quicksilver

47%
99%
63%
71%

106

72% 74%

sale was made at the Board.

: no

-Jan. 1,

106

75%

74

75% 77%

78%

109

107

110

110

111%

76%

*97

98%
*62% 64

The entire range

Tuesday. Wednesday, Thursday,
April 14. April 15.
April 16. April 17.
99% 99%
98% 99% 93
98% 96% 98
127
127
127
127
*126 127
127% ISO
36% 56%
37% 88%
36% 87%
35% 36%
75% 76%
74% 76
74% 75% 78% 75
43% 44%
44% 45%
44
44%
44% 45%
53% 54% 52% 54
51% 52% 49% 51%
66%
68%
69
69% 70%
69%
70% 71
101% 101% 100% 401%
98% 100% 97% 99%
39% 41%
41% 42%
41% 41%
41% 42%
53
59
60
61
61
60
60
60%
15
15%
15% 15%
15% 15%
29
29% 30%
29% 29%
29% 28% 29%
1% 1%
1%
1%
*1% ....
106% 106% *....106% 105% 105% 104 105%
105
105%
107% 703
106% 107% 106 lt'6%
3t
3! % 32%
31%
31% 32
82% 83%
36% 37%
35% 36%
34% 35% 33% 35
32% 32%
31% 32
30% 31% 30% 81%

Monday,

April 13.

N.Y.Cen.fcH.R. 98% 99%
•
Harlem
128
Erie
84* 35%
Lake Shore....
74% 71%
Wabash
44% 44%
Northwest,....
52% 58%

Quotations.

-

,

the course of the gold premium

2a>,:i7,:oo
285,866,200

28... 286.177,500
April 4... 291,113,700
Mch.

April I),* 298,606,300

210,200

of

Net Deposits.-..

Inc.

Circulation...

Dec.

1,409,3001

totals for a series of weeks
past:
Circu¬

Specie.
27,914.300
26,696,000
25.439.30Q
24,014,600

23,835,400

$1,200,300
6,800

lation.

IMron.

Clearings.

56.983.100

243.238,500
240.991.100
239,730,300
237.491.100

26,720.900
26.717.800
26.726,400
26,804,600

421,249,894
410,207,171
444.882.106
431.332.106

55,5(8,800

^38,691,700

26.797.800

Legal

-

Tenders.

Deposits.

61.652.600

60,184,400
60.585.100

427,751,633

#

Boaton Banks.—Below we

give a statement of the

April 13. 1874:

Capital.

Banks.

Atlantic

$750,000
1,500,000

• ••

Atlas

1,500,000

BlackBtonc...,

Specie. L.T. Notes. Deposits.Circnl.
$140,400
$609,100
$132,000
$1,90
103.100
li •9,600
998,600
782,100
2,050.500
310.390
781.800
29,700
29.400
139.700
924.510
578.100
2.1^2 700
51,000
803,700
469.900
26,410
1.310.800
68.C00
364.600
172.700
522,500

600,000

200.000
1,000,000
1,000,000
1,000,000
200.000
1,000,000
800,000

Broadway

Columbian
Continental
allot
Everett

Fineull Hall
Freeman’s

Maverick
Merchants
Mount Vernon
New England
North
Shoe ft Leather
State

Suffolk

1,500,000

3,290.900

Stiawmut

Traders
Treraont

Washington

600,000

1.369.500

2,000.000
750,000

3,329.900

First

1,000.000

Second (Granite)...

1,600 000

City
Eagle

Union..
Webster
Commonwealth
Central

Manufacturers

9J.300
220,0)0

525,000

850,0C0

25.600
68,81*0

76 800

972.400
799.500

854.6J0
240,9.>o

806,800
512.100
1,Oli,SOU
598,900

416,900
851,600

30 000

49,700

79.700

319,210
205,300
272.100
53,700
319,000
221.600
317.700
38.400
511,500

97,900
23.400
35.200
26.400

54.100
68.400
11.100

1,327.000
5.012.500

65.300

1,903,800

51.800
192,010
20.000
37.9)0

788,400

3(8/00
592,200
492 300

880,900
719,700
168,900
696,200
584,800

966,100
979.400

445,030
"1.0)4.100

687 900
715.UH;
173.000

1.976.5(H)
1.073.400

46,000
515,500
89 <,400
451,100
168,8v0
119.000
215.200
275 300

2.347.500
610.600
933 600
755.200
592,100
747,200
2,110.100
937 900
2.870,500
727.500
1,041,200

715,300
567.000
745,600

791.800

Loans.

...

...

-

T

T

,

,

,

.

,

120,170,500
121,6S4,600
122.51*2,300

.

.

,S
.

.

-T.T*

122,313,000
124,237,100
124,832,400
121,921,900
125,019.400
125,276,300
126,893.100
126,921,600
126.191.900
127,005,900
1 >*.610,70 U
127.425,000

.

Ecb 16....
Fe’». 24
March 2..
March 9...
March 16.
March 21..
March 30.
...

126,633,990
127.395,70)

April 6
April 13..

..

127,100.600

Capital.

North America
Farmers and Mech.

1,000,000
2,000,000
810,000

Commercial
Mechanics*
Bank N. Liberties.

800,000
500,000
250,000

Southwark

250,000

Kensington

500,000
400.000

Penn
Western

Manufacturers’....

1,000.000

Bank of Commerce
Girard
Tradesmen’s

250,000
1,000,000

200,000
300,000

Consolidation
City..
Commonwealth....

400,000

300,000

500,000

Corn Exchange....
Union

500,000

1,000,000

First...,.

800,000
150,009
250,000

Third
Sixth
Seventh

Eighth

275,000

Central
B<mkof

750,000

Republic.. 1,900,000
250,000
Security

Total

$16,435,000

538,000
436,200

150,(00

614.400

81 000

$54,707,600 $25,490 300

April 13, is $21,623,600.

folJows

:

Decrease. $414,S0i

Increase.

249,000 Circulation
753,000 I
Specie. LegalTender.
10,017.600
2,453,500
10,559,300
2,612,900
10,839,700
2.537.7’H)
g? Is* I- O O
10,789,000
10,625,800
2.459,700
2.466,500
10,679,400
3.513,800
10,466,300
10,233,800
4,401,600
10,691,500
4,213,300
11,039,800
4,500.500
11,211,400
4,214,300
10.909.700
3.963,800
10,654,600
3,617,100
10.994.000
■8,4^1,600
3,509.900
10,885,100
10,670,400
3,389,400
3.162.800
10,760,100
11,131, >00
2,775.500
10,561,100
8,123,600
2 871,600
9,811,100

30,000

Deposits. Circulation.
26,039,300
43,728.6 0
26,049,300
41,432.000
25,992,9 90
44,188,60)
25,913,700
45,183.800
25,816.7(0
45.931,200
25,311.400
46,314,300
25.791,600
49,033,600
25,875.600
48,217.(00
25.772.900
49,184,100
2>.693,50'J
49.342,90 0
25.641.900
50,618,600
25.539.600
53.779,500
25,564,700
53,723,300
25.56 7.60J
52,800.700
25.525.900
53.137.400
25,491,290
53,271.500
25.448,406
52,873,000
25.413,30 0
51.031,500
5 -,121,900
25.160,300

21,190,30 0

54,707,600

$5.645,00(
4.591,000
6,523,100
2.471,000
2,066,000
2,636.000
1,377.W0
1,032,040

$66,000

$1,32 UXK)

227,300
3,000
23,W0

395.000
413,000

1,188,333
2,016,899
2.420,500

5.000

Legal

following

are

78,548

..

Jaa. 19
Jan. 23

...

..

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

....,

.....

....

..,

..

April 6....”.
April 13...,




•

325,000

•

293

177.041

20,000
10,000

1,116,000

1,183,809
1,435,488
828,371
2,305,000
1,663.000
4,237.000
1.CF3 621
588.000
5)2,000
985.000
4.540.000

405,000
224,113
371 873
117,566

223
5/3)
4,100

1,000
22,000
2,000
9

+

Y

975,000
330 000

1,541,000
273,000
116,000
126,000
220,000
l.t 92.000
615, WO
108,W0

t

2,000
36,000

$.020,000
639,000

2,800
....

$60,229,606 $>26,618

$15,809,219

$l.0W,()'K)

1,000,000
609,000
466,500
435,000
216,000

638.103
7;6.'i69

223.563
175.485
214.2<5

963.361
457.000
2'85.000
729.1KK)
3.971 ,W0

259.549

1.037 000

800,000

379,000

180,COO

537,245
211,325
593,000
164 ,W0

270,000
355,819
209,960
450.000

344,000
790,000
135,(00
218.635

239.W0
600.000

$18,101,337 $11,489,866

previous week are as follows :
.

Inc.

.Dec.

25 318 Circulation.

$690,103
82,‘255

280,741 |

of weeks past

57.170.073

1.002.109

57.613,773
58,937.506
53.009,311
57.021,143
58.533.317
53,870.982
51,136,604
59.371, *45

1,169,097

617,511

17,139.933

60,293,626

551,936

15,523,478

60,229.6 J6

526,618

15,8)6,219

43,101,331

57.262 354
56,995,318
57.411.126
57,7:2,523
57.116,597
57 659,780
57,301,854

27*
Ogdenshurg ft Lake Ch. 8s
104*
Old Col. ft Newport Bds, 7, *77.
Rutland, new 7s
Stansted ft Chambly 7s .... ...
Verm*t Cen., lBt M., cons.,7, *86 20"
3
do
2d Mort., 7,1891..,
Vermont ft Can., new, 8
Vermont & Mass., 1st M. 6, *83.

do
do
6s, p.b.,’96
Wilmlng. ft Read.,1st M.;7,1900
do
do 2d Mort, 1902

....

•

•

Cin.,Sandusky & Clev.stock.

Concord
13 (
Connecticut River
Connecticut ft Passumpsic, pf.
Eastern (Mass.)
•

•

•

lio"

*

Specie.
258.965

Legal Tender.

12,432,214
15.247,520
15,173.449

976.101

15,244,607
14,919,131
15,353.571
15.820,746
16,291.226

997,073
931,669
1,173.796
1.399,219

1.141,002
1,121,756

16,958,299
17.53 J, 251
17.193.019

991,014

17,427.908

791,895
736,417
771,170

17.112 121

17,411.138

743,409

16,576,640

664.530

17,772,230

_

17.224,136

11,459,865

*77.

87

40

•Ex.dividend.

Camden &
do

pref
Williamsport.,
Elmira* Williamsport pref..
East Pennsylvania
Harrisb’g, Lancaster & C
Huntington ft Broail Top. ...
do
do pref.
Lehigh Valley
Little Schuylkill
do
Elmira ft

101*

103*

‘

17

43*

Nesquehonlng Valley

.

.....

River.

—

..

ib ‘

is"

Lehigh
Morris

Division

Navigation

do pref
Pennsylvania
Schuylkill Navigation
do
pref
Susquehanna

60*
46*
52*
53*

60 v

35*

36

45

45*
13*
51*

12*
6i*

preferred

do

Cin.. Ham.ft Ind.7sguar
Cln. & iudlaua, 1st M., 7.......
do
do 2d M.,7,1877..

....

46"

47"

41%
51

45
53

121

125

Colam., ft Xenia, 1st M.,7, ’90.
Dayton ft Mich., 1st M.,7 81..
do
2d M.,7, 84..
do
do
3d Mm7,'88..1
do
do To’do dep.hds,7,’81-’94.
Dayton ft West., 1st M.,7,1905.
do
1st M., 6,1905.
do
Ind., Cln. ft Laf., 1st M.,7
do
(I. ft C.) 1st M.,7,1888

.
....

92*

BelvldereDelaware,1st ni,6, »7 si
do
do
2d M.,’85
do
3d M.,’87 82
do
98
Camden ft Amboy, 6s, *75
90
do
do
do
do
Cam. ft

do
6s,’83
do
6s,’89
do mort. 6s,’89...

*

consol.,6s,’94...

Atlan. 1st m, 7s. g. 1903
2dm, 7s,’80..
do
Catawissa, 1st M. conv., ’82....
do
chat. m. do
’88....
do
new 7s, 1900
Connecting 6s 1900-1904
East Penn. 1st mort.7s,’88... ..
El. & W’msport, 1st m, 7s. bC.
do
5s....
do
Harrisburg 1st mort.6s,’83....
r. ft B. T. 1st mort.7s, *90.....
do
2d mort. 7s, *75....
do
3d m. cons, is,’95.
Ithaca* Athens g.7s,’?0

mort. 6s, So.
do
1900
Lehigh Valley, 6s, 1898

Junction 1st
do
2d
do
do

do
do

do

do

Gaslight ft Coke Co., stk.
LOUISVILLE.
Louisville 6s,’82 to ’87.
do
4s,’97 to’98
do
Water 6s, ’87 to ’89..
Water Stock 6s, *97.
do
do
Wharf 6s
do
special tax 6« of *89.
Jeff., Mad. ft I.lstM.(IAM)7, *81
do 2d M.,7,..........
do
Cin.

87*
99*
....

10T“
96

94

ito

....

10T JC2~

do

K’l*

....

100
*

*

*

-

64

66

97

IOC

•

•

•

do
do
do
do
do

104
96

t

•

1st

M.,7,1906....

,.

*

98"
101

do

Louisv.C. ft Lex.. 1st M.,7, *97..
Louis. & Fr’kM lit M.,6, TIV’TB..
do
Louisv. Loan, 6. *81.
ft Nash. 1st M. (m.iO VTL.
do Lon. Loan (ra.s.)6, *86-37

88

85

100

-

do

(Leb.Br.)6,’86

IstM. (Mem.

Br)7,*70-*75.

lstM.(Leb.br.ex)7. *80-*85
Lou. L’n(Leb.br.ex)6, *98

M.,7,1898....
9l“ JeffsrsonM.Mad. ft Ind...

l66

100*

101

102

Consol. 1st

Louisv., Cin. ft Lex.,pref
do
do
common.
Louisville ft Nashville.........
103*
103*
7b, 1910

reg

99*
97*

95" 96"
80

85

95

96

ST. LOUIS.
93
St Louis 6», Long Bonds
87*
Ao
Water 6s gold.
do
do
do (new)
90*
do
con. m. g, 6s. 1900 90
99
99*
Missouri,
North
lit M.7s... ,
North Penn. 1st m, 6s, ’85
102
At.* Pacific guar, land grants
do
2dm. 7s,’96
do
2d M
108
do
108, chat, m.,’77 . 104
Pacific (of Mo.) 1st. M. gld....
do
gen. mort. 7s, 1908
do
do
2dM. bds. ...
ei"
Oil Creek & Al. K., con. 7s, ’88. 55
Kansas Pacific stock
90
78
Oil Creeklstm.7s, ’82..
do
IstM eld6s.J. ft D..
Penn ft N. Y. Canal 7s, '96-1906 ;02V 102%
do
uo
do F.ftA
101*
Pennsylvania, 1st M., 6,1880... 100
98
99
Pacific
RR
of Mo. stock ....
2d M.,6,1875...
do
•
90
And interest. tFlat.
do
gen.m.19!0

Little Schuylkll l.lst M., 7,1877. 1(0
Northern Central 2d m, 6s, ’85. 92*
do
do 3d m,6s, 1900 .. 87

*

42
41

*

.

*

.

*

,

To*
15*
75
92
103
85
93

101
85

97*

96
87
98
92
98
SO
78
75
93

90
ro
94

100
85
SO

77
95

94*

93*

91
88
87
93

-

stock....

166
99
91

87*
99*

-

99
99
99
101

99
97
89

89
86
85
90
75
76
86
Little Miami, 1st M., 6,1883.... 91
70
Cin. Ham. ft Dayton stock....
99
Columbus A Xenia Btock
39
Dayton ft Michigan
*do
8 p. c. st’k guar 102
100
Little Miami stock

12*

1896

97*

70
Cincinnati 5s
85
do
6s
100
do
7-30s
Ham. Co., Ohio 6 p. c. long bds. 82
do
do
7 p.c.,1 toSyrs. 95
do
do
lg bds, 7 ft 7.80* 98
Cln. & Cov.Bridge stock, Dref 80

54

pref

BAILKOAD BONDS.
Alleghany Valley 7 3-lOs,

l)*5*

CINCINNATI,

46*
52*

Union
do

100

100*

Central Ohio

CANAL STOCKS.

Delaware

75

stock....... 171*
5
Parkersburg Branch •••••••

WeBt Jersey

Chesapeake & Delaware

90

72*

Baltimore ft Ohio

57“

pref

do

88

96
105
97
98
98
98

Pennsylvania.....
• • •
do
20
bondB, short
21
Philadelphia & Erie.
do
bonds.long.
57* 57*
Philadelphia & Reading
55* 56
Cln.,nam. & D.,lst M., *, 80...
Fhlla., Wilmlng. ft Baltimore.
do
do
2d M.,7,’85...
121* 121*
United N. J. Companies
do
do
3d M., 8,77...
West Chester

n*

74
83

West Md,IstM., endorsed.6,’90
1st M., unend.. 6, *90..
do
2d M., endorsed, 6,*90.
do

88
.....

70
88*

89*
Central Ohio, 1st M..6
Marietta ft Cin., 1st M.,7,1891. 100* 10'.
93*
92*
do
do
2d M.,7,1896.
do
do
3dM. 8s
»6" »i"
Norfolk Water 8s
North. Cent. 2d M., S. F.,«, *85. 92* 92*
8S
do
do 3d M.,8. F., 6,1900
99
do
do 3d M. (Y. AC) 6, "77 97
90*
do
do Cons, (gold) 6,1900 90
89*
Pitts, ft Connellsv.,lstM..7. *98 69
do
1st M., 6,1889
do

ii

38*

—..

Norristown
Northern Central
North Pennsylvania..
Oil Creex ft Allegheny

109*

40*
lft X
43*

Catawlssa

Minehlll

do
6s,1900
.......
do
1890. Park 6s
Baltimore ft Ohio 6s of *75
do
do
6s ol *80... .
do
do
6s of *.85....

106

30

Atlantic
do
pref

95 100
95
97* 98

Baltimore 6s of *75
do
1884

'•*

...

92
rs
99*
1*8
gold,’97 96 * 96*

BALTIMORE.
Maryland 6s, Jan., A., J.ft O..
do
6s, Defence

BONDS.
Pennsylvania5s, coup......... 100*
1W
6s,
*67,5-10,1st...
do
do
do
10-15,2d... le5*
do
15-25. 3d,,, 109
do
101*
Philadelphia 6s, oli
103*
do
6s, new
76
Alleghany County,5s, coop...
Alleghany City 6s
Pittsburg 5s
do
6b...
do
7s

----

conv., ’82.
conv., g,’94.

Susquehanna 6s,’94
do
7s, 1902
Union 1st mort. 6s, ’83
Wyoming Valley 1st m. 6s, "78.

PHILADELPHIA,

New Jersey State 6s, Exempts
Delaware State f>s
BAILKOAD STOCKS.

....

94* 94*
9b*

Rft,’97.... 96

do
m. 6s, c..’95..
do
6s, Imp.,’80...
do 6s, boat ft car,1913
do 7s, boat ft car,1915
do scrip

34
50
82

81*

60

Pennsylvania 6s, 1910
67
Schuylkill Nay. 1st m. 6s,’97.. 87*
do
2dm., 68, 1907 77

*

*

101*

...

65

«...

preferred

102

...

Morris, 1st M., 6,1876. .
do
2dM„ 1876
do
boat, ’85

75
69

.

*

do

68*

83*

Chesapeake ft Dela. 6s, *82....
Delaware Division 6s, *78
Lehigh Navigation 6s, ’34
do
do
do
do
do

(New Hampshire)....

Eastern

----

82*

CANAL BONDS.

•

•

103* 103*
W
8*

Quincy

Chic., Bur. ft

103*
80

....

140*
Boston ft Albany stock
Boston ft Lowell stock........
109~
Boston ft Maine
150
Boston ft Providence
Cheshire preferred

792.5W

2,182.29,
1,410,083
552.223
8.277,00(1
1.101,(Kin
761,982
871,998
605,023
2,414/00
1,368,000
4,177,000

$63,020 I Deposits....

908,371

Dec. 22......
Dec. 2)
Jan
5.......
Jaa 12...

•

•

$4,021,000
3,667,000
5,856,500
1,608,000
1.22S 000
2,262,000
1,319.000

DeposltB. Circulation
11,473.813
43,018,5 >5
11,500,127
45,773,155
11.497,827
45,505,506
45,418,806
11,439,813
11.490,538
46,403.280
11,481 558
43,378,204
11,454,780
47,596.330
11,469.732
47.960.917
11,457,749
47.761,664
11.450.353
48.613,06*
11,443,128
47,831,7<>6
11,469,465
47,935.350
11,425,998
47,012 724
47.131,16*
11,449,502
47.441,795
11,'.55,393
11,475,342
47,515/35
47,764,121
11,430,138
11,498,281
47,841.126
47.411,234
11,52 2,1*4

Sept. 22.....
Dec. 8
D »,c 15m

2! 7,000
233.970
516,556

the totals for a series

Loans.

Date.

598,000
621,000

18,000

7W.415

Dec.
Tender Notes.........Inc..

The

1,303.000
1,739,; 00

3,910,000
1,4 >4,000

..Dec

Loans...L.

90

STATE AND CITY

The deviations from the returns of
Specie

.T..

Vermont ft Canada
Vermont ft Massachusetts

7(4,000
180.000

the average con
Philadelphia National Banks for the week ending
Monday, April 13, 1874 •
Total net
$1,500,000

Burlington & Mo. L. G. 7s
Cheshire, €s
KaBtern Mass., 7s..
Hartford ft Erie, 1st M (new)7.

120,000

785/00

Phtladelpl&ia Banks,—The following is

Banks.

Portland 6s

523,800

795,500

dition of the

Philadelphia

98*

52.900

34', 100

the totals for a series of weeks past:

120,063,300
119, (63,1(H)

Chicago Sewerage 7s
do
Municipal 7s

20,000

Decrease.
Decrease.

•

98

300,000

Decrease. $486,100 | Deposits

tf

.

tt-

99*

Currency

gold...

87

Philadelphia ft Reading 6s,’80 . ..
do
do
7s. *98 103
do
deb. bonds,’93 79
102
do
g.
m.7s,
c.
1911 103
99*
do
do
reg... 108*
do
6s,g., 1911
99* Phll.ARead. C.ftI.Co.deb.7s’92
Phll.,'Wllm. ft Bal.,6s, ’84
67*
99“ Pitts., Cln. ft St. Louis 7s
Sunhury ft Erie 1st m.7s,’77.. ..
Sunhury ft Lewiston 7s,’90
93
27* Warren ft F. 1st m. is,’96...... 76
West Chester cons. 7s, ’91...... 101
West Jersey 6s.’83
82*
do
1st m. 6s, ’96
94
do
do
1C0X
7s,’97
21" Western Penn. 6s, ’93

no
-

85

,

1.(71,900

Loans

Date.
Nov. 24...
i»ec. 1
Dee. 8....
Dec. 15....
Dec. 22...
Dec. 23...
Jan. 5....
Jan. 13
Jan. 13
Jan. 26
Feb 2

6s

Massachusetts 6s, Gold
do
5s, Gold
Boston 6s,
do
5s,

166

2 532.000

30.600

Specie
Legal Tenders

are

100

168.390

26,109

The deviations from last week’s returns are as

following

Maine 6s
New Hampshire,

340.000

101,1»0
222,200
56.’.0i)
154.COO

22.100

416.400

*2*

gen.m., reg., 1910
Perkiomen 1st m.6s,’97
Phila. & Erie lBt m. 6s, ’81
do
2d m. 7s. ’88,

37.500

89.600

922,000

174,900

744,900

Not received—aarae as laBt week.

The

Bid. Ask

Pennsylva.,
BOSTON.

li9,000

2 5)1,200
2,595,500

500,000

422,400
243.700
1,510.600

9S9.300
1.513.800
1,191,900
?9l,600

Total
$49,350,000 $127,400,600 $2,874,600 S9.311.100
The total amount “due to other Hanks.” as per statement of
*

Bid. Ask.

8KOUBITIB8.

SBOUB1T1B8.

123* 1‘25
Fitchburg
Manchester ft Lawrence
10T
Northern ot New Hampshire..
126 * 127
Norwich* Worcester
52
53*
4
Ogdens, ft L. Champlain
86
do
do
pref...
112
113
Old Colony,
113
Port., Saco & Portsmouth
4
Rutland common
33

13.700
169.200

3,217.000
971,500

116,2)0
513 600

1,813,400
1,165,100

S62.400

200

1.887.300
5,<'91,800
3,34>*.900
4.9 6.800

1,000,000
1,500,000
500.000
500.000

5,626,300
361,490
962.600

79.300
353,100

86.600
235 800

787,900
565.400

754.IU0

116,300
38,300
63,000
70,700
1,151.800

181,100
16.200

*66,3)0

200,000

Security

2.300

388.700

6.552,800
2.899.000
1.838.400

1,500,000
2,000,000

796.100

77.400
110,9-0
7/U0

4.947.800

1,000,000

Exchange
Hide & Leather
Revere

875.300
528,9 JO
1,166.3(0

42.800

4.142,100

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

9 <.800
75,100
185 600

5.200

1,820.200

300,000

Third
Bink of Commerce.
B ink of N. America
B’k of Redemption.
Bink of Republic...

8S7.000

133.600

2,334.900
l,5’5,cOU
1.952,314)
1,207,300
9.183, tOO
617.500
2,424.600
3,437.700
2,(30.800
2.209.000
3.025.500
3.665.70C

2C0.100
56.000

1,000

665.500
2,849.200
1,664.700
2.181.910
1,633 600

900,000
1,000,000
1,000,000
2,000.000

Old Boston

26.000

2,449.7(0
2,051,500
2.596,500

1,000,000
750.000
1,000,000
800,000
800,000
400.000
3,000,000
200,000
1,000,000
1,000,000

Globe
Hamilton
Howard
Market
Massachusetts

BALTIiHORE,

QUOTATIONS IN BOSTON, PHILADELPHIA,

Loans

$1,504,800
2,957.600
3,919.400

1,000.000

Bwton

Biytston

Boston

Clearing House on Monday,

National Banks, as returned to the

395

CHRONICLE.

THE

April 18, 1814.]

a/2*

SO
78
87
93
73
100
41
1*8
101
205

8*2*

so*
79
82
81
81
81
89
74
88
75
87
86
97
80
82
96
91
82
90

C

80
84
93
32
62
W
75
39
78
87
87
98
81
88
97
62
83

90*
21

58*

54*

*68*

89*

99

100

|S5
30
on
20

92

96

77

s*

26

JW
70
4*

64

55
66

88*

[April 18, 1874.

THE CHRONICLE

39B

QUOTATIONS OF STOCKS AND BONDS IN NEW YORK.
£ ao eminent Bonds ana active Railroad Stocks a/re quoted on a previous page am* Aot repeated here. Prices represent
cent value. whatever the par may be. “ N. T. Local Securities ” are quotd ine a separate list.
Bid. Ask

SECURITIES.

Bid. Aik.

SECURITIES.

Bid

SECURITIES.

As)

the
Bid

SECURITIES.

per
Ask
~

5-2?s, registered, 1862
5-20 Called Bonds, 1862

do

U4* 115*

lie*
5-2Us. registered. 1364
116J*
5-20s, registered, 1865
5-20a. registered, new Issue, ’65 u** 119*
H9*
5-20s, registered, 1867
.
119*
5-208, registered. 1868
114*
5s, registered, (3Bi
State Bonds.
Alabama 5s, 1883
do
8s, 1886
do

Ss, 1888

ao
8s Mont A EuflaR.
do
8s, Alab. & Chat. R..
do
8s
of 1892..
Arkansas 6s, funded
do
7s,L. R. & Ft.S.lss.
do
7s, Memphis & L. R..
do
7s,L.R.,T.B.AN.O
do
7s, MIbs. O. A R. Kiv.
do
7s Ark. Cent R....
California 7s
do
7s, large bonds
Connecticut 6s

Georgia 6s
do
7s, new bonds
do
7s,endorse1
do
7s, Gold bonds

U3*

102*
75

101
MO
.00

Indiana 5b
Illinois 6s coapon,'77
do
do
1879
do
War Loan

Kentucky 6s
Louisiana 6s
do
do new bonds

do
do
do
do
do
do

do

new

floating debt.

7s, Penitentiary
6s, levee bonds
8b
do
8s
do
1875..
8s
of 1910.

Michigan 6s, 1878-79
do
6s, 1888
do
7s, 1878

100

po
35
92

6s, Canal Loan 1874.
do
6s, do do
1875..
do
6s, do do
1877..
do
6s, do do
1878..
do
63, Gold reg. 1S87..
do
6s, do coup.18n7..
do
68, do loan. 1883..
do
6s, do
do 1891..
do
58, do
do
1815
do
5s, do
do 1876..
North Carolina 6s, old, J. & .1.
do
do
A AO
do
do N.C. R.R. J&.J
do
do do
A. A O
do
ao

—

do
do
do
ao

do
do

do
do
do
do
do
do

do coup off, J. & J
do do off, A A <>.

no
no
no
no

103
103
24

42*

28

23*

42
32
32

do Spec') Tax, Class:
do
do
Class 7
Class 8
do
do
do
ill)
Ohio 6s, 1875
08
do 6s, 1881
105
do 6s, 1886
_

j>*
9*
9

102
Rhode Island 6s
24
South Carolina 6s
do
do
Jan. A July...
do
do
April A Oct...
do
do Funding Act, 1866 16
do
do Land C, 1889, J A J
do
do Land C, 1S89, A<*0
do
do 7s...
of 188537*
Ten nessee 6s. old
6?
do
do ex coupon
&7X
do
do new bonds
67
do
do exconpoD
d >
do new senes 66* 67*
do
do
1U2
Texas, lGs, of 1876
V rginia 6s, old
io
do new bonds
do consol, bonds
do
do
do deferred do
flallroad Stocks.
.

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

94*
72*

Central Pacific

107

Chicago A Alton

do
do
pref
Chic. Bur A Quincy

103

Cleve.. Col., Cin. A Ind
Cleve. A Pittsburg, guar....

Dubuque A Sioux Citv

Erie pref
Hannibal A St.
Harlem pret
Illinois Central

38*

do

72
89

SS
98

Ind., Cln. A Lafayette
Joliet A Chicago
Long Island
Marietta A Cln., 1st preferred
do

103*

62*

Joseph, pref..

101*
55

Morris A Essex

Mo., Kansas A Texas
New Jersey Southern
N. Y., New Haven A Hartford

do

do

pref

Belleville A So. Illinois, pref
St. Louis A Iron Mountain.,..
St. L., Kan. C. A Northern pret
Toledo, Peorin A Warsaw
Toledo. Wab A Western, pret
niscellaneeus Stock*
American District Telegraph. 58*
Atlantic A Pacific Telegraph.
Boston Water Power
Canton Co., Baltimore
65
Cent. N. J. Land Improv. Co.
Delaware A Hudson Canal
H6*
American Coal
64
Consolidation Coal of Md
Cumberland Coal and Iron....




Maryland Coal
Pennsylvania Coal
Spring Mountain Coal
Railroad Bonds*
Albany A Snsqh’a, 1st bonds.. 108*
do
do

do
do

2d
3d

do

..

do

5b

39
95

109
85
17
84

45*
25

58*

75”

104

..

Guaranteed

Bar., C. Rapids A Minn.1st 7s,g

Gainey A Tol., 1st M.. 1890...

27*

27*

Lafayette, Bl’n A Miss. 1st M.

55*

44
75

Chic. A Alton Sinking Fund..
do
do
1st Mortgage... 106*
do
do
Income
94*
Toilet A Chicago, 1st Mort.... 107
Louisiana A Mo., IstM. guar.
St. Louis, Jack. A Chic. 1st M.
Chic., Bur. A Q. 8 p. c. 1st M...
Chic. R. Island A Pacific
105*
C. C. C. A Ind’s 1st M, 7s, S. F.
Central off). J., 1stM., new.. 105**
do
«lo
2d Mort
do
do con.conv... 102*
Am. Dock A Improve, bonds
99*
VI11. A St. Pam 1st M. 8s P.D 107*
do7 3-iudo
do
do
do
do
7s gold R. D.
do
do 1st Mort. LaC.D
do
do IstM.I.AM.D.
do
do
IstM. I. AD.,
do
do
IstM. I. A I...
do
do
IstM. H. AD.
do
dd
IstM. c. AM.
76
do
do
2d M
do
Chic. A N. Western 8. Fund... 103
do
do
Int. Bond* 99
do
do
Consol, bds
do
do
Extn. Bds
do
do
1st Mort..
do
do coup gld bds 86*
do
do regrn
do
Iowa Midland, 1st mort.,8s.
Galena A Chicago Extended
do
2d Moit... 99
Peninsula 1st Mort., conv
Chic. A Milwaukee 1st Mort... 94
Winona A St. Peters 1st m....
do
2d m..
Del., Lack. A Western, 1st M. 101
do
~do
2dM.. 102
do
do
7s. conv. 103*
Morris A Essex, 1st Mort
do
do
2d Mort
i6o”
do
do
Conv. bonds 92
do
do
Consfructlon
no
do
7s of 1871
92”
Erie 1st Mortgage Extended
.03
do
do
Endoreed...
do 2d do
ii'6‘*
7s, 1879
do
ao 3d
78,1893
do 4th do
7s, 1880
tlo 5th
do
7s. 1888.
do 7s, cons. mort. gold bds..

90

lii*
103*

38*
89

.

Indianap., Bl. A W. IstM

..

101*
37*

102*'

85
77
102

101*

106*
101

do

new

100*

97**
98*

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

ufTtlo A State Line7*...
Kalumazoo a W. Pigeon, 1st..
Lake Shore Div. bonds
do
Com. coup. 1st.,
do
Cons. reg. 1st....
do
C^ns. ccup. 2d.,
do
Cons. reg. 2d—
Marietta A Cin., 1st Mort
...

Cl

100*
94

77

Mich.Cent.,Consol. 7s. 1902...
do
IstM. 88, 1882
New Jersey Southern 1st m 6^
do
do
consol. 7?
New York A N. Haven 6s
N. T. Central 6s, 1883
6s 1387
do
do
6s real estate
do
6-* subscilptlon.
do
7s. 1876
do
7s, conv. 1876
do
7s. 1865-76
go A Hud. 1st mort .coup
do
1st mort , reg..
3ud. R. 7s, 2d M. S. F. 1885
do
7s, 8d Mort.. 1875
Harlem, 1st mort. 7s, coup
do
do
reg
North Missouri 1st mort
Dhio A Miss., consol, sink. f...
do
Consolidated....
do
2d
do
Central Pacific gold Bonds....
do
State Aid bds.
Western Pacific bonds
Onion Pacific 1st M’geBonds.
do
Land Grants, 7s.
do
Income 10s
Sin king Fund...
do

99*’
96*
99

70* *
94*
97*

95*
97*
96*

do

loo*

102

98

98*

35*

40*

94
93

91*
91*

o

102

107* 107**
106*

106*

75*

95*
104

87*
95*
73

35*

78*
98

do
2d Mort.
do
do
8d Mort
Cleve. A Pitts., Consol, S. F’d
do
do
3d Mort
102
do
do
4tb Mort
Col., Chic. A Ind. C., 1st Mort.
do
do
2d Mort
St. L. A Iron Mountain, 1st M.
do
do
2dM.
Alton A T. H., IstM
100
do
do
2d M. pref
87
do
do
2d M.Income.. 73
Bellev’le A S.Ills. R. 1st M. 8’s 90

ao

do

do
2d M..
Consol. 7s

96'
80
36
74
70

do

Tol.,Peoria A Warsaw, E, D..
do
do
W. D..
do
do
Burl’n Dlv.

36*'
98
92

2d M

Pacific R. 7s .gnart’d by Mo...
Pitts., Ft. W. A Chic., IstM....

11

30*
40*

«£

Chic., Dub. A Minn., 8s..

.

111. Grand Trunk

100
ICO
75
102
85
85

90
85
50

100
100

S C

112

PQg

45
100
94

£

Chicago A Iowa R. 8’s....

91*
83
80

79

105*
‘01*

ioi”
103*
85*

96”
80

79
95
Si
81
68

56
80

92*
90

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

loo”
85
60
50
*25
90

Detroit, Hillsdale Ain. RR.8’e
Detroit A Bay Cttv 8g
Det., Eel River A 111. 8s
8s

do

2d m. 8s
do
Dutchess A Columbia 7s
Denver Pacific 7s, gold
Denver A Rio Grande 7s, gold
Evansville A Crawfordsv. 7s..
Erie A Pittsburgh 1st 7s
do
2d 78
do
7s. equip....

60

7s,Land Gr., gld.

do
7s,
do new, gld
do
6s, gid, Jun A Dee
do
6s, ao Feb A Ang
do
7s, 1876, Land Gr.
do
7s, Leaven. Brcb.
do
Incomes, No. 11..
do
do
No 16..
Stock
do
Kalamazoo A South H. 8s, guar

80

98*
70
6D
18
60
70
60

Oregon A California7s, gold..
Oswego A Rome 7s, guar

63* Peoria, Pekin A 1.1st m, gold
Peoria A Rook I. Ts, gold....

40

do

72
85
85
50
<2
62
75
74
75
52
11

8s

Augusta, Ga., 7s. bonds

Charleston stock 6s
....
Charleston, 8. C.,7s, F.L.bds...
Columbia, S. C., os..

Columbus, Ga., 7s, bonds...
Macon 7s, oonds

Memphis old bonds, 6s

do
new bonds, 6s
do
end.,M. A C.R.R....
Mobile 5s...
8b
ao

5
40
45
65
80

Nashville 6p, old
do
6s. new
New Orleans 5s
do
do
consol.6s
do
do
bondB, 7s
do
10s
do’
do
do
to railroads, 6s
Norfolk 6s

70
50
65
5

70
60
68
70
SO
94
84
65
80

92”

40

25
85

15
35

*o‘
40
SO
25

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

Wilmington, N.C., 6agold
do
do
8s gold....
Ala. A Chatt.,lst,M,8s,end...
Ala. A Tenn. R, 1st' M., 7s....
do
2dM.,7s
Atlantic A Gull consol
do
end. 8avan’b
do
do
do
stock
do
do gnaran.
do
Central Georgia,IstM.,7s.....
de
do
consol. M. 7s
do
do
stock

20

10

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

do
do
stock
Charleston a Savannah 6s, end.
Savannah ana Char., 1st m., 7s.
Cberaw and Darlington 7s....
East Tenn. A Georgia 6s
East Tenn.A Va.6b end. Tenn
do

stock

do

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

95
80

103*
90
88
10)
9J
65
80

80
62
65
80

25*'

90
8S
96

90
59
85
15
SO
85

65
50
60

52
25
45
15
15
50
33

Memphis A Charleston, 1st 7s..
do
do

2d 7s..
stock.

do
do

Memphis A Little R. IstM...
Mississippi Central, 1st m.. 7s.
do
2dm., 8s...
Mississippi A Tenn.,lstm.,7s.
do
"do conaold..3
Montgomery A West P.. 1st 8s..
do

do

87
;G
95
90
48

30
95
86
83
74
35
6*2
70
90
72
72
90
60

100
92
52
50

64*

67
81

82
69
10

88
90
15
85
7U
13

82

65
85

c2

85

72”
70

60

1st end.

60
70
80

do Income
do
Mont.A Eufaulalst 8s, gld end
Mobile A Mont.. 8s gold, end..
Mobile A Ohio sterling
do
ex ctfs.
do
do
do
do
8s, interest
2 mtg, 8s
do
do
do
stock
do
N. Orleans A Jacks. 2dM.8s
do
do
cert’8,88.
N.Orleans A Opelous.lstM.8s
Nashville A Chattanooga, 6s...
NorfolkA Petersburg 1st m.,8s
do
7e
do
do 2d mo., 8s
do
Northeastern, S.C., 1st M.8s....
do
2d M., 8s
Orange and Alex., lets, 6s
do
2ds, 6s
do
3ds, 8s
do
4ths,8s
Kichm’d A Peterb’g 1st m., 7b .

RlcbMFre’ksb’g A Poto.6s....
do
do
do conv. 7s.
Rich, and Danv. 1st cons’d 6s.
do
do

30
52
42
63
• Mt

.

7*
92* .02

Logans., Craw. A S. W. 8s, gld. 25
Michigan Air Line, 8s
98*
Monticello A P. Jervis7s,gold
45**
Montclair 1st 7s, gold
Mo., Kan. A Texas 7s.gold.... 40
Mo. R.. Ft., 8.A Gulf 1st. M, 10s
do
2d M., 10s
do
45
N. J. Mldlana 1st 7s, gold
do
2d 7s
N. Y. A Osw. Mid. 1st 78, gold,
do
do
2d 7s, conv.
do
West. Extension 7s.
N. Haven,Middiet. A W. 7s....
North. Pac. 1st m. gold 7 S-10s
do
Land Wan ants...
Omaha A Southwestern RR.8’e

83*’

85*'

Atlanta, Ga., 7s.

Georgia R. R.. 7s

5

Kal.. Alieghan A G R. 8s,guar

Leav., Atch. A N. W;7s,giiar.
Leav Law. A Gal. 1st M., 10s..
Louisiana A Mo. Riv. 1st m. 7s

60

Securities.

E.Tenn., VaA Ga., 1st M., 7s..

15

.

Kal. A White Pigeon 7s
Kansas City A Cameron 10s...
Kan. C„ St. Jq. A C. B.8s of *85
do
do
do 8s of 1898
L. Ont. Shore RR. 1st m. gld 7s
Lake Sup. A Miss. 1st 7*8, gld.

95*

Valley 8s

70
88

84*

Evansville, T H A Chic 7s. gld
FllntVA Pere M. 7s, Land Gr.. 90
Fort W.. Jackson A Sag.8s...
Grant?R. A Ind. 7s, gold,guar, l00
do
do 7s, plain...... 80
Grand River Valley 8s
90
Hous. A Tex. C. 1st 7s gold... 90
indianap. A Vlncen. 1st 7s,guar 80

Jack., N.W.A 8.E. 1st m gl s7
Kansas Pac. 76, Extension,
on, gld

100**

....

60

85

Evansville, Hen. A Nasnv.7s..

Ts...
Indianapolis A St. Louis 7s
Jackson,Lansin/A Sag.8s...

8S*

RATLROADS.

97*

Chic. Danv. A Vlncen s 7s, gld
Chic. A Can.South. 1st m gl 7s
Ch., D. A V., I. div., 1 m gld 7s

m.

20
35
80
95

Petersburg 6s
55
20

68
45
60

Det..Lans. ALakeM. 1st

gld

65”

Montgomery 8s

*

American Central 8s
Cbl. A South western RR. 7’s..
Chesapeake A 0.1st m. gld 6s
do
do 2d mort cold 7s
Col. A Hock. V. 1st 7s, 80 yrs .
do
do
1st7s. 10 yrs..
do
do
2d 7s, 2U yrs...

Walkill Valley 1st7s,gold
West Wisconsin 7s, gold

97*

Lvnchburg 68

64*

0*5

■*=

22*’

CITIES.

..

u

Union A Logansport7s
• i tab Central 6s, gold
Union Pac.. So. branch,6s,

Southern

burl. A M. (In Neb.) 1st conv..
Cairo A Fulton 1st 7s, gold...
California A Oregon 6s, gold..
California Pac.RK.7’s, gld....
do
6s, 2d M., gld
Canada Southern 1st 7s, gold..
Central Pac.7s, gold,conv..
do
Land G. 6s c
Central of Iowa. 1st M, 7’s gld.
do
2dM,7’s,gld
Keokuk A St. Paul, 8s.... ~

Carthage A Bur. 8s.
Dixon, Peoria A Han., 8s.
O.O. A Fox R. Valley 8a.
Quincy A Warsaw, 8s....

IS
50
40
65
45
ICO
9?

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

Wisconsin

(IO
3d 8.. do 8s..
4th 8., do 8s...
do
do
5th S., do 8s..
6th S„ do 8s..
do
do Creston Branch
do Chari ton'Brancb

Iowa Falls A Sioux C. 1st

105* 106*

Mo. IstM
•

do
do

Sionx City A Pacific 6s
South Pacific6*s,gold
...
Steubenville A Indiana 6s
2a 7s
Southern Minn, construe. Ss.
do
do 7s....
St.Jo.AC.Bl. st M., 10s
do
8 p. c:
do
St. Jo. A Den. C.8s,goid,W D.
do
do 88, gold, E.D

Sandusky, Mans. A Newark 7s
St.Louis, Vandalia A T H.lst
99* 100

Elizabethtown A Padu. 8s con

...

PacificR.o

Miscellaneous List.
Arkansas Levee bonds 7s
Atchison A P. Pi,6s gold
Atlantic A Pacific L G. 6s gla
Atchison, Top. A S. Fe 7s eld.
Atchison A Nebraska 8 p. c...
Bar. A Mo. River, stock.
do
Land M. 7s..
do
do
do
2d S., do 7s..

104* lt6*

100**

95

Rome A Watertown 7s

98* Rome, W. A Ogdensbnrg 7s...
Rondout A Oswego 7s,gold..

80

C. A Dub. 899** Chicago,
Chicago, Bur. A Quincy 7b—

..

bds.

Western Union Tel. 1st M.7s.

Peoria A Hannibal R. 8’s.
93
105

81

70

Bur., C. R. A M. (M. div.)g.7s.

do
do
2d M......
Mlcb. So. 7 per ct. 2d Mort....
106
Mich. S. A N 1. 8. F.7p. c....
105
Cleve. A Tol. Sinking Fund.. 104
Cleve. A Tol.,new bonds
97* 98
:ui
Cleve., P’vllle A Ash., old bds 100
do

Del. A Hudson Canal 1st M.’91
do
do
1834
do
do
1887
Long Island RR 1st M.
Nashville A Decatur 1st M. 7s
South Side, L. I, 1st Mort. bds

do
do

98

90**

Pekin,Lincoln A Decatnr IstM
Cm., Lafayette A Chic. 1st M.

do

79*

8*

111. A So. Iowa. 1st Mort

Han. A Cent. Missouri 1st M..

do

..

Buff. N. Y. A E. 1st M., 1877....
do
large bonds.,
tian. A St. Jo. Land Grants...
do
do convertible
Illinois Central 7 p. ct., 1875...
Dub A Sioux C„ 1st. M
do
do
2d dlv
Cedar Falls A Minn. 1st M....

Great

94
94* Port Huron A L M.Ts, gld. end. 30
do
do
83* 34
7s, gold....
88
90
Pullman Palace Car Co. stock
do bonds, 8s, 1st series
70
Rockf'd.R I.A St. L.lat7s,gld 15

Western, 1st M., 1888.... 93*
do
2d M. 1898.J..

97*

..

Boat., Hartf. A Erie, 1st M.
do

97

....

2d pref.

Michigan Central

Ohio A Mississippi, preferred.
Pacific of Missouri
Pitts.. Ft W. A Chic.,guar...
do
do
special..
Rensselaer A Saratoga
Rome A Watertown
St. Louis, Alton A T. Haute...

pref..

Long Dock Bonds

Funding Act, 1866
do
1868
new bonds, J.&J.
A. AO.
do

do

do

.

94*
Missouri 6s
H. & St. JO. if sue..
do
.io
or
Asylum
Univ-rs
New York Bounty Loan, reg.. 106* 108*
do
do
do
coup.... ;U6* 108

do

Tol. A Wab’h, 1st Mort. ext’d.
do
IstM. StL dlv
do
2d Mort
do
Equip. Bds....
do
Cons. Convert.
Hannibal A Naples. 1st M

Mariposa Land AM. Co

IJ. S. Bonds.
(Others quoted previously.)

Piedmont 8s...
lsts, 8s

Selma, Rome A D.,lst M.,7s..
South A North Ala, 1st M., 8s.
Sonthside, Va., 1st mtg. 8s
do
2dm., gnart’d 68...
do
Sd m..6s
Southwest. RR., Ga., 1st mtg...
do
stock
S.Carolina RR. IstM,7s(new)
do
do 68

85

80

74*

70

77
78
75
35
S6
90 85
80
98
88
82'
90
85
90
62
91
75
90
80
80

T*

32*

80
60

80

ICO
65
65
62
97
92
95
60

PAST DUE COUPONS.

91
95
65

94
75

75

Tennessee State Coupons

Virginia Coupons..
ao

Consol. Coup

Memphis City Coupons

.

.

.

65
34
76
66

67
40
79

70

897

THE CHRONICLE.

April 18,1874.]

SECURITIES.

NEW YORK LOCAL

Insurance Stock List.

Bank Stock List.
Companies.

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

1873

10
8

10
8

24
20
10
8
12

24
16
10
8
12
100
10
20
8
3*

Askd

Bid.

Last Paid.

1872

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

Price.

Dividends.

Capital.

Net

Capital.
Par Amount.

100 3,000.000 J.& J.
M.&N.
American Exchange .100 5.000,000
100
250,000 J. & J.
Bowery
J. & J.
25 1,000,000
Broadway
25
300,000
Bull’s Head*
Q-J.
25
Butchers & Drovers.
800,000 J. & J.
J.
& J.
100
2,000,000
Central
25
Chatham
450,000 J. & J.
100
300,000 ev.2 mos
Ciiemlcal
400,000 J. & J.
25
Citizens’
M.&N.
100
1,000,000
City.. ....
J. & J.
100 10,000,000
Commerce
100
750,000 J. & J.
Commonwealth......
J. & J.
100 2,000,000
Continental.....
100
Corn Exchange*.....
1,000 000 F. & A.
100
100,000
Currency
Q-J.
100 1,000,000
J. & J.
Dry Goods*
25
East River
850,000 J. & J.
25
Eleventh Ward*
210,000 J. & J.
100
150.000
Fifth
500 COO
100
First
j. & j.
Fourth
100 5 000,000
30
Fulton
600,000 M.&N.
F.& A.
German American*.
100 o 000,000
100
Germania*
’200,000 M.&N.
25
Greenwich*
200,000 M.&N.
4C
Grocers
300,000 J. & J.
J. & J.
100 i 000,000
Hanover
Harlem*
100
'100,000 M.&S.
Importers’ & Traders’. 100 1 500,(00 J. & J.
50
'500.000 J. & J.
Irving
600.000 J. & J.
Leather Manufactrs.
100
100
Loaners’*
500,000 F.& A.
Manuictrers’& Build
100
100,000 J. & J.
F.& A.
Manhattan*
50 2.050.000
Manut & Merchants*. 100
500,000 J. & J.
Marine
10)
400.000 j; & j.
J.& j.
Market
10C l.OCO.OOC
j. & j.
Mechanics
25 2,000,000
Mech. Bkg Asso’tlon
50
500,000 M.&N.
Mechanics & Traders..
25
600.000 M.&N.
Mercantile
M.&N.
100 1,000,000
J. & J.
50 3,000,oco
Merchants
J. & J.
Merchants’ Ex
50 1,235.000
100
Metropolis*
500,000 J. & J.
J. & J.
100 4.000,000
Metropolitan
100
Murray Hill*
200,000 A. & O.
Nassau*
M.&N.
100 1,000,000
National Gallatin.....
A.& O.
50 1,500.000
New York
J. & J.
100 8.000,000
New York County
100
200,000 J. & ,T.
N Y.Nat.Exchange.. 100
500,000 J. & J.
N Y. Gold Exchange* 100
500,000 J. & J.
Ninth
J.& J.
100 l,500,0TO
Ninth Warn*
100
200,000 J. & J.
Nortn America*
J. & J.
100 1,000.000
North River*
50
400,000 J. & J.
25
Oriental*
300,000 J. & J.
Pacific*
50
422.700
Q-F.
Park
J & J.
100 2,000,000
Peoples*
25
412,500 J. & J.
Pher/x..
J. & J.
20 1,800 000
F.& A.
100 2,000,000
Republic
St. Nicholas
F.& A.
:oo 1.000,000
Seventh Ward
100
J. & J.
500.000
Second
J. & J.
100
300.000
Shoe and Leather
J. & J.
100 l.noo.oon
Sixth
100
200 000
J. & J.
M.&N.
State ofNew York.... 100 2,000,0 0
Tenth...*.
100 1,000.000
J. & J.
Tilrd
100 U'00.000
J. & J.
'Tradesmen’s
40 1,000,(XU
J. & J.
Union
M.&N.
50 1,500,000
We9t Side*
100
200.000 J. & J.

America*

36

10
20
3

7
10
16

.

Gas

and

Nov. 1.*73...4

July 1/73...4

2,’74...5
Mch.1/74..16
Jan., 2,’74...5

July, 1’73.S*
July. "72.3*
Feb. 2,-74...5
Jan
’74...4
JulylO/78.8*
Jan. 2/74...
Jan. 2,74.8*
Apr. 1. 74.2*

7

Q

J xn. 1.74.. .5
Jan. 2, 71...4
Nov. 1,73...5
Feb. 1,74...8

May 1,73. .5
20
Nov.!. 73..10
10 * Jan., 2,74...5

8

Jan. 2 74...4
Mch. 1,74...4

8
3
It
8
12
7
10
10

4
12
8
12
7
10
10
8
12
’.0
10
8
10
10
8
6

Jan., 2,74...7
Jan., 2,74...5
J*»n., 1.74...6
Feb.12/74.8*
Jan, 10,74...5
Feb. 10,74.. 5
Jan., ’73...4

4

12
10

Jan.,2,74 ..5
Nov. 1,73...4

10
10
8
6

Nov. 1.73...5
Nov. 1,73...5
Jan. 2.74...4

10

July 1,73... 8
Jan.,2,74..4
Jan., 5,74...5

4

Oct. 1. 73. .4

8
8
10
14

Nov.10.73. .4

'

8
8
10

15
7
9

May, 73...5
Jan. 2.74...4
Jan., 73. .3
Jan. 2.74 ..4
Jan. 2,74.3*

7
12
16

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

12
12
12
10
7,

12
10
7
8

8

9

12

S
6
10
12

8

9
8

6*
10

8

4

2.74...6

2,74,..8
1,74...6
2.74...5

•

Jan. 2,74...6

Tan.,

74...4

Nov.ln.73.. 4
Jan.2/74.2*g
Jan.
Jan.
Sov.
Jan.

f

(

City

P20**

*i06*

107*

145

170
92

*ios* *

100*'

....

......

105

......

.

.

.

124
200

......

.....

...

.

.

16o

...

100*

*

*

4

no

Brooklyn Gas Light Co

Citizens’Gas Co (Bklyn...
do
certificates.
Harlem

Jersey City & Hoboken
Manhattan

Metropolitan
do

2,000,000
1,200,000
300.000
50
20
50
100

1,850,000
386,000
4,000,000

100
25

5 000.000

certificates...

Mutual, N. Y
Nassau. Brooklyn
do
.scrip....
New York

People’s (Brooklyn)

2,800,000
750,000
1,000.000
500,000

i'O 4,000,000
10

do
do
bonds.
Westchester County

5<

Williamsburg

50

do

5'eeck.er tit. <.e ruuonEerry—stock lOn
1 00
1st mortgage —

1,000,000
300,000
1,000,000
1.000,000
yuu.uuu
694,000

1000

300,000

100
Broadway (Brooklyn)—stock..,
’.00
Brooklyn dk Hunter's Pt—stock
181 mortgage bon'ls
1000
Atlantic Av , Brooklyn—1st mort. 500

200,00-0

do
do

401,000
S'JO.OOO
115.000
100,000
164,000

500
500
Central Pk, N. dk E. Rivei—stock 100 1,161,000
550.000
1000
1st mortgage
1000
2d
do
600,000
:000
CvnevIsland dk Brook'n—lst mort
214,000
Dry Dock, E. B. <k Battery—stock 100 •1,200,000
2d mortgage cons’d
900.000
100 1,000,000
Eighth Avenuer— stock
1st mortgage
1000
203,000
42d St. dk Grand St Ferry—stock.. 100
750,000
1000
1st mortgage
220,000
20
Grand Street dk Newtowtir-ntock.
170,000
lark Avenue—stock
50
254,000
1000
1st mortgage
800,000
!00
Ninth Avenue—stock
797,000
1st mortgage
1000
167,000
50
Second Avenue—stock
800,000
I00O
1st mortgage
350,000
10 0
2d mortgage
200,000
3d mongasre
1000
150,000
1000
Cons. Convertible
:
315,000
100
Sixth Avenue—stock
750,0CC
1st mortgage
1000
250,000
Third Avenue—stock
100 2,000,000
1st mortgage
1000 2,000,000 I
800,000
Williamsburg dk Blatbush—stocic. 100
1000
l«t mortgage
125.000 I
;
2d
3rd

This column shows last dividend on




M.&N.

Q-F.

M.& S.
F.&A.

108
.

•

•

128*

...

•

.

••

.

.

114

.

10O

......

.....

T

83
161
150
142
140

.

...

,

4

143

ioo

99*
m\

.

T

110
......

•

150

••

ieo
t

T

f

108

110

•

Q-F.

+

140

J. & J.
J. & J.
J & «l
A.& O.
.

4

A.& O.
J. & J.

Cooper
People’s
Phenix (B’klyn)

..

Safeguard

25
50

Sterling

.135

215

105

2* Feb., *74.
4
Jan., ’74

140

Williamsburg City.

Q-F.

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

1890
1877

6
7
4
7
2

Mav.*73

M.&N.

7

1878

J. & J.

7
2
7
7
7
7

Feb. 74
1877
1876
1885
1888

5

Nov.*73

A.&O.

Q.-F.
J.&D.
F.&A.
A.&O.
M.&N.
M.AN.
J. & J.

Q-F.

7
O

<0

Jan/74

67

100
170
75

do

do

..1853-65

Dock bonds

1852

do

1870.

Floating debt stock
r

8'x

1860.

1865-68

100

July *70

do

1863.
1863.

do

Improvement stock.... 1869
do

....1869.

(.0

Brooklyn :
City bonds..

var.

var.
var.

...1819-65.

1861-65.
do
Local imp. bonds
1862-65.
do
do
....1866-70.
N. Y. Bridge bonds... .1870.
Park bonns
1860-71.
Water bonds.
1657-71.
Sewerage bonds
3 years.

20
7
14
10

Jan., '74.10
Jan. .’74.8*
Feb.,*74.10
Jan.,’74..7

17
10
10
11

J*n.,’74..5
Jan., ’74..5
Jan., ’74..5
8* 8* Jan. ,’74...5
20
20
Apl., ’74.15
10
10
J'.n., *74 .5
10
10
fan., ’74..5
7
Jan., ’74..5
5
5
Jan., ’74..5 *io6*
Jan., *74. .5 70
10
10
Jan., ’74..5 102

10
10
10
20
20
10

10

50,181
187,974

8*

18

20
10
4

20

10

10
10

10
10

5
5

10

5
4

10
11
20
10
15

io

10

10
10

5

....

10
11

20
10
16
10
....

10

53.082 10

Feb. ,’74. .5

80
95
96
114

Jan., ’74..5
Jan., ’74..5

12* 12* Jan. .’74.7*
28
Jan., ’74.25
oan., ’74. .5
8*
Jan. ,’74.. 10
17* 20
10
Jan., ’71. ft
8* 10
10
Jan., 74..5

250
70

24

....

5

9*

.

#

10

io

10
10
15

10
10
10 " 10
20
20
10
10

„

5

10

10

15

15.

20
10

20

20
10
5
20

i2

16

10
14

io

85.037

150
97

Jan.,’74..5
Jan.,’74..5
Jan.,’74...5
Jan., ’74.10

75
95
70
95
91

Jan., ’74..7
Mch.,*74 3lt

isu“

Jan .’74.10

125

.Jan., ’74.10 140
Jna., *74. .5 100
Jan.,’74..5 80
90
Jan., ’74..5
Jan.r ’74..5 150
80
Jan., ’74..5
Jan., ’74..5 100
5
Jan., ’74..5
Jan., ’74.10 170
•

260.705 16
74,4‘0 10
18,336 10
87,540 20
26,101
137,086 11

190,218 20
46.5S9 12
250.706 18

176,013 16
11.840
827,564
111,467
255,664
131,379
184,417
96,107
188,209
11,634

170
190
115
145
115
70
65
90
112
2C5
97
80

10
10
16
10
12
12
11

12
57,888 10
15,799 10
165,316 16
47.779
33.235 10
66,279 10
32,898 10
43,447 10
181,409 10
62,186 14
216,767 14
158,628 10

18
10
11

5

7
4
20
20

.Jan., ’74..5
Jan., ’74. .ft

'75"

Jan.,’74..7

140
65

jan., ’74..5

Jan., ’74.i9
25
Jan., *74.10
20
6
Jan.,’74..5
12
:o
20
Jan.,’74.10
20
18
16
Feb.,’74.10
16
J an., 74. .ft
io Jan.,’74..5
S*
io 12 Apl., ’74..6
18
20
20
23
Jan., ’74.10
18
14
Jan., ’74.10
11
16
20
Feb., ’74.10
12
14
12
Jjn., 74..8
12
10
10
12
Jan., "74..5
5
11
10
Jan., ’74. 5
10
9* an. ,’74..fi
Ian., ’74 5
3*
Feb. ,’74.10
20
20
16
5
lan.. ’74..5
10
10
10
Feb., ’74.. 5
6
7
Jan., *74..5
13*
5
10
10
Jan.,’74..5
10
10
Feb„’74..5
10
io
12
Jan., ’74..7
10
14
10
14
Jan., '74..5
14
14
14
Jan.,’74..7
10
10
10
Jan.,’74 .5
-

150

'80
104
165
147
70

97*

210

iso*
‘

80*
118

90
90

75*
97
100
230
75
160
100
80
100
75
IOO

130

106*
95
155
90

ICO*
80

'70
190*
110

iso*
103

112

1*90*
140

160

'97'
75
80
60
160

100
85
90
65

.

95

100
65

*90

80
130
110
140
140

capital and profit scrip.

Price

Months Payable.

Bid.

Ask.

Assessment bonds...

do

5
6
5
6
6
7
6
5
6
5
7
6

7
6

7
6
7

V
7

Feb.,May Aug.&Nov
do
do
do
do

do
do
do
do

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

do
do
do

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

do
do
do
do

do
do
do

January & July,
do
do
do
do
do
do
do

do

do
do
do
do

do
do
do
do

1870-80
1875-79

89
95
81
91
SI
104 K
91
83
91
96
104
104

102

90
96
82
92
92
105
92
84
92
97
105
105
99
101
92
108

1890

1883-90
1884-1911
1884-1900
1907-11
1874-98
1874-95
1871-76
1901
1878
1894-97
1873-75
1876
1889
1879-90
1901
1888
1879-82

91
1C2

92
103

98

ICO
91

1872-91
1885-91
1881-95
1872-95
1911
1915-24
1881-1902
various
various

94
102
102
112
If 2

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

85
94
94
94

U'2*
92
97
27

TVS

140

1890

Feb. l

Soldiers’aid fund

Consolidated bonds
Street Imp. stock'
do
do

161
100

1873

20

14

14
10
11

147,715 14
35,438
77,573

200,000
150,000
250,000
250.000

Central Park bonds. .1853-57

82*

**85”

20
13

22,583

200.000

New York:
Water stock
1841-63.
do
1054-57.
Croton water stock..1845-51
do
do
..1852-60
Croton Aqued’ct stock.1865.
do
pipes and mains
do
reservoir bonds....

1884

May, ”74

20

100

1

«

20

BondBdue.

1880

7
7

20

80
100
2C0

City Securities.

Market stock
M.&N.
J. & J.

Jan., "74..5

Interest.

i'22* *

Jan., 74

Jan.,’74..7
Jan,, ’74..5

5

14

Jan., ’71..5
Dec ,*73.10

33*
14* 14*

10
10
98,874 20
59,418 5

Rate.

184
93

10

E0
145
100
75
95
180

....

16
20

1

*
Over all liabilities, including re-insurance,
126 per cent In scrip and 5 per cent. In cash

1

18S8
18*1
1834
1885

Tradesmen’s
United States

100
100
25
25
25
50

180

103. Nov. 1,’73
7

7
7
7
7

Park
Peter

Rutgers’

Bid. Askd

20

318,2ft'

5

250,000
200,000
150,000
200.000
200,000
300.000
150.000
200.000
200,000
210,000

350.000
200,000
200,000
150,000
150,000
1.000,000
200,000
800,000
200,000
200,000
200,000
150,000
200,000
200,000

17
12
10

18
12
10

12
10

2 0,000

500.000

Standard...
Star

Feb., ’74.
Jan., ’74.
Mch., ’74.
Mch.16,74

1872

2,500,000
150,000
500,000
200,000
200,000
200,010
150,000
280,000
150,000
200,000
150,000
200,000
300,000

50

St.NicboIas

170

Jan,. 74

100
25
50
50
50
30
20
40
50
100
25
50
25
100
100
25
50
50
50

25
25
100
20
20
50
50
100
100
25
100

Relief

152
145

+

Apr. 15/74

May/74

250,000
200,000

200,000
200,000

Stuyvesant

Jan., ’78.
I Jan., ’74.

50
50

.

Republic

9

Jan. 15/74

7
3
7
3
7
5

Metropolitan

Resolute
-

1,000,000
300,000
200,000

Montauk (B’klyn).
50
50
Nassau (B’klyh)..,
National
37*
35
N. Y. Equitable....
New York Fire
100
N. Y. & ionkers.. ia>

North River
Pacific

......

«

J. & J.
J & J.
J.&D.

...

Niagara

f

5

7

Merchants’

200,000
300,000
200,000
200,000
153,000
300,000
210,000
250,000
300,000
200,000
200,000

...

5

5

J. & J.
J. & J.

Mechanics’fBklyn)

Mercantile..

92

r

Manhattan

Mech.&Trad’rs’...

dlviuend.

5

Knickerbocker...

a

K

5
5
5
5

Irving....

Lenox.
t

c

7

40 1,000

Broadway dk Seventh. Ave—stock. 100 2,100,000
100C 1,600,000
1st mortgage
10 2,000,000
Brooklyn City—stock...
1st mortgage

Q-F.

J. & J.
A. & O.
F.&A.
J. & J.
J. & J.
-M.&S.
J. & J.

Hamilton
Hanover..
Hoffman..
Home

Lamar.

130
tc

Gebhard.
German-Ar
Germania.
Globe
Greenwich.

Jefferson.,

in

113
120

..

Howard..

97*

....

200,000
200,000
204,000
150,000
150,000
200,000
1,000,000
50
500,000
50
200,000
25
200,000
100
200,000
15
150,000

Hope

136

......

100
80
50
17
10
10
100
100

.

.

200

...

40

Eagle
Empire City.
Exchange
Farragut
Firemen’s

6
Last

Askd

65

3* Jan., *74..5
Jan.,’74..5

10
5
14
6
10

10

250.000

50

100

[Quotations by Charles Otis, 47 Exchange Place.]

•

Commerce Fire...
Commercial

......

..

400.000

200,000

25
17
20
70
:<)0
80
100

Broadway
Brooklyn
Clinton
Columbia

••••••

5<

10(
25
50
25

190

Citizens’.

75
123

City R.lt. Stocks and Bonds.

Par Amount. Periods.

.

Brewers’ & M’lst’r s

,

_

2.74...4

2.74...5
1,73... 5
2.74...4

1870 1871 1872 1878 Last Paid. Bid.

1874.’

200,000
200,000

1«

.

Bowery

4

.

2f

.....

American
American Exch’e.
Arctic
Atlantic

.

119*

2,74.3*

9,74...4

Feb.9.74.. .4
Jan. 2.74...3
Jan. 2,71...5

8
12
11
8

12
10

•

......

8
3
8

7*

.

•

•

Apr.10 74...4 123
Jan. 2,74...5 126
Jan. 2, 74...6
85
July 1,73...3

6
5

5

130

Jan.,2,74...6
Jan., 2,74...5 *iis*

10
8

10

•

135
101

,

14
15
9
10
8
10

7
20
10

•

'iis**

Jan.. 5.’74. .-4

8

7
14
20
8
10

••••••

Nov..1,'73..10 290

12
7

8

Adriatic
ADtna

Jan., 2,’74...5
Jan.

Pbicx.

Dividends.

150
U3

2,74...5

Jan., 2.*74..(
Jan., 2,74.. 12
Jan., ’73...4

io

6*

n-

Jan.

Sub|

plus.

Companies.

100

,’74

J. & J.

7

1890

mo

M A 8.

7

1590

••••*•

ctocks, bat date of maturity of bond*.

Jersey City:

Water loan
do

1852 -67.
1869-71

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

January & July,
do
do
do

do
do
do

Jan., May, July & Nov.

88
95
95
95

<

808

[April 18,1874.

mscfflMMfm
based

Inocfftmtnt*

on

the main .line.

s£me time
ward from

The Central Pacific Company were at the

Gilding their California and Oregon Branch north¬

a
point a few miles northeast of Sacramento, up the
Valley of the Sacramento River, passing through Marysville to
the Oregon boundary.
The California Pacific Extension was com¬
STATE, CITY AND CORPORATION FINANCES.
pleted during 1871, and was operated for some months, like the
main line, in competition with the Central Pacific, resulting in
losses (so far as it extended to their traffic between these three
W EXPLANATION OF STOCK AND BOND TABLES.
to both corporations.
A branch line of some
1
Prices of the moat Active Stocks and Bonds are given in the “ Bank* points)
era* Gazette,” previously.
Full quotations of all other securities will be 35 miles, to
Calistoga Springs, was purchased and is
found on preceding pages.
now
part of the road. That portion of the Extension
2. Government Securities, with full information in regard to each
between Knight’s Landing, where it crosses the Sacramento
ssue, the periods of interest payment, size or denomination of bonds, and
numerous other details, are given in the U. S. Debt statement published in
River, to Marysville on the Feather River tributary; was located
The Chronicle on the first of each month.
on lands so low as to be subject to overflow at seasons of freshet,
3. City Bonds, and Bank, Insurance, City Railroad and
and in the spring of 1872 tlie road bed was so nearly washed
Gas Stocks, with quotations, will usually be published the first three
weeks of each month, on the page immediately preceding this.
away that it was determined, in view of its faulty location below
the high water mark, to abandon it. The service to Marysville
4. Tlie Complete Tables of State Securities, City Securi¬
ties, and Railroad and Miscellaneous Stocks and Bonds is maintained by the Central Pacific line via Sacramento. South of
will be regularly published on the last Saturday in each month.
The publi¬
Knight’s Landing, tlie line was also more or less injured, but was
cation of these tables, occupying fourteen pages, requires the issue of a
supplement, which is neatly stitched in with the usual edition and furnished afterwards repaired, and the road is now in regular operation
o all regular subscribers of The Chronicle.
between Sacramento and Vallejo.
About tlie time of these
difficulties there appears to have been an important change in its
Pennsylvania—N©pr Constitution.—The following financial
ownership,
a
provisions are found in the new constitution of the State of Penn¬ be run in and change in its control. The road then ceased to
competition ; and is now by arrangement running in
sylvania. In Article IX:
unison with the lines of the Central, the Superintendent of the
Section 8. The debt of any county, city, borough, township,
Central Pacific controlling the movements of the trains on both
school district or other municipality or incorporated district,
roads.
There is, however, no consolidation of the two roads;
except as herein provided, shall never exceed seven per centum
they are separate and distinct in tlieir organization, property and

AND

•

,

upon
any

the assessed value of the taxable property therein, nor shall
or district incur any new debt, or increase

such municipality

its indebtedness to an amount exceeding two per centum upon
such assessed valuation of property, without the assent of the
electors thereof at a public election in such manner as shall be

provided by law; but any city, tho debt of which now exceeds
seven per centum of such assessed valuation, may be authorized
by law to increase the same three per centum, in the aggregate at
any one time, upon such valuation.
Section 10. Any county, township, school district or other
municipality incurring any indebtedness shall, at or before the
time of so doing, provide for the collection of an annual tax suf¬
ficient to pay the interest and also the principal thereof within
thirty years.
In Article XV:
Section 2. No debt shall be contracted or

liability incurred by

any municipal commission, except in pursuance of an appropria¬
tion previously made therefor by the municipal government.
Section 3. Every city shall create a sinking fund, which shall
be inviolably pledged for the payment of its funded debt.

Atlantic Tennessee & Ohio.—In the

of this railroad vs.
and others, from the
States Supreme Court

case

the Carolina National Bunk of Columbia,
Circuit Court of North Carolina, the United
has rendered a decision. The question was

whether bonds issued

by tlie Company in May, 1802, payable at different periods from
November, 1869, to November, 1875, were solvable in Confederate

lawful money. Some of the bonds falling into the
hands of the bank; the company were willing to pay in Confeder¬
ate money, but the bank demanded money of
United States,
and this action was instituted to compel payment under a deed of
trust executed to secure them.
The court below sustained the demand of the bank, and the

currency or

tlie

liabilities.
fornia

even lease the Cali¬
its obligations, or guarantee them.

The Central Pacific does not

Pacific,

nor

assume

The former company have indorsed $1,600,000 of the 6 per cent
bonds of the latter, and this is the extent of their financial con
neetion.
The financial condition of the California Pacific is as follows :
California Pacific first mortgage bonds, 7 per cent gold
Do
Do
Do

second

do

7

do

income

do
do

10
6

do
do

$2,5450.000

;

8,500,000

......

1,000,000
1,600,000
inclined to

From the best information obtainable we are
believe that the earnings of the main line are sufficient, or very
nearly so, to meet tlie interest requirements of the first mortgage
bonds.
In answer to the question as to the probability of the
company earning sufficient to pay the interest on the balance of
their bonds, we can only say that it looks doubtful. ^It is to be
presumed that as the Central Pacific Company is somewhat bene¬
fited by the friendly attitude of this its weaker neighbor, that

Company,

or

its friends in tlie ownership of tlie California Pacific,

-will make up tlie sum needed, if any, to meet the interest on the
first mortgage of the main line, rather than see it pass into ocher
hands.
The interest on the six per cent bonds, indorsed by the
Central Pacific Company, will of course be promptly paid.
The road appears to have been bonded too heavily, and tlie
necessities of its builders have impelled them to promise more
interest than the road could be made to pay.
It would seem

therefore,

as

if the holders of the junior classes of bonds will have

submit to either

loss of a portion of their principal, or a
large reduction in the rate of interest.
to

a

Canada Southern.—The Canada Southern railroad

was

pro¬

jected in 1868 by two former citizens of Chicago, Wm. A.

Thompson and Milton Courtright, as an air line between Buffalo
ion was brought here, where the decree is affirmed, the court -and Chicago. It was designed for the sole object of effecting a
holding that the intention of the company that the principal of its quick and cheap transit between tlie great producing regions of
bonds should be paid in lawful money, instead of Confederate the West and the Eastern States and seaboard.
No deviation
notes, may be justly inferred from tlie nature of the contents, -from an air-line was'allowed in any possible contingency that
particularly the long period before they were to mature. When •could be avoided, and no expense spared in building and equip¬
they were issued it is said it could not have been in the contem¬ ping the road in the most perfect manner. It has but one deflec¬
plate u of parties that the war would continue from seven to tion from the Niagara river to Trenton Junction, 229 miles. - The
thirteen years.
line is a working consolidation of the following chartered organi¬
California Pacific Railroad.—The following information, ob¬ zations:
tained from the best official sources in New York, is the most •Canada Southern, Buffalo to Amherstburgh
miles. 229
55
“
complete statement to be had in regard to the affairs of this com¬ Toledo, Canada Sonthern & Detroit
Chicago & Canada Southern
“
:
86
pany, without access to officers or documents in California. . The
Michigan, Midland & Canada Southern
'..
“
14
company was organized in 1868, under the railroad law of Cali¬ St. Clair Branch, Canada Vouthern
“
66
fornia,'to construct a line between Sacramento and Vallejo, a Canada Southern Bridge Co.
“
3
point on tlie north shore of the Bay of San Pablo, situated about
28 miles from the city of that name.
Total
'
453
The route of the railroad
lies on the north shore of tlie Sacramento River, and its estuary,
The distance from Buffalo to Chicago, when the unfinished
the Suisun Bay; the distance between the termini is 60 miles,
link is put in (which will be this year) is 479 miles.—Buffalo
and communication between Vallejo and San Francisco 26 miles,
'Commercial Advertiser.
is maintained by steamers.
This portion of the line was con¬
Carolina Central Railway.—Work on t-lie Carolina Cen¬
structed in 1860, during the period when the Central and Union
Pacific companies were making their most gigantic efforts to esta¬ tral Railway lias never stopped since it went into the hands of its
blish the overland connection of the National Pacific Railroad present owners, about one year ago, and even during the late
line ; and from the similarity of names and other causes, it was panic, when work on all other new roads was suspended, the
work on this one wont steadily forward.
The credit for this is
8 apposed by many when the bonds of tlie railroad company were
offered for sale, that it formed part of the National line, receiv¬ mainly due to Mr. Edward Matthews, of New York, who owns
over one-half the stock in the road.
He not onlv favored con¬
ing the aid of subsidies in bonds and lands from the United
tinuing the work, but actually advanced tlie money to pay con¬
Such was not tlie fact.
Tlie Western Paci
States Government.
fic railroad, connecting Sacramento more directly -with San Fran¬ tractors ; and the President, Mr. Roberts, and Superintendent
cisco by a line following along tire south bank of the Sacramento Fremont, cordially co-operating with Mr. Matthews and others,
River and its estuary, was the line adopted for tlie government the work (as we remarked above) has never stopped.
We look forward to the connection between Charlotte and
aid; and so soon as the main line overland had been completed,
Wilmington, by rail, with pleasure ; if nothing unforeseen hapthe construction of the Western Pacific was begun and rapidly
ens to prevent, it is
expected to complete the road to this city
completed in 1870; and in June of that year the two companies,
y the last of August, and then the Western Division will be
the Central Pacific and Western Pacific, were consolidated,
roads incorporated as one continuous trunk line. finished to Shelby.
and their
We learn that the company does not owe a dollar of floating
The California Pacific Company commenced in 1871 tlie con¬
struction of a branch line from Davisville, a few miles southwest debt, and it has the means at commaud to not only finish the road
of Sacramento, northward up the Valley of the Sacramento River to Charlotte, but also to equip it.—Charlotte Democrat.
to Marysville, a distance of 45 miles ; and a new issue of bonds
Cincinnati Sandusky & Cleveland.—A special meeting o
was made thereon, known
stockholders wiU-be held at the general office of the company, in
as the California Pacific Extension
bonds, which were disposed of in the same markets as those Sandusky, Ohio, on Wednesday, April 22, 1874, to consider and

ques1




..

..

..

...

.

v.

399

April 18, 1874.]

proposition to modify the vote of the stockholders passed careful examination of the facts and figirres necessary to refute all
April 25, 1872, for an exchange of the stock of this company for these charges, which he hopes to complete in a few days, and
that of the ‘Columbus Springfield and Cincinnati Railroad Com¬ he will then submit it to the full Board at a special meeting to be
held next Tuesday.
pany.
Mr. Watson said, in order that the English bondholders might
Columbus & Hocking Valley.—The following directors were be
perfectly satisfied of the correctness of the accounts, he had
elected April 14 for the ensuing year: • B, JE. Smith, M. M.
asked that Messrs. Morgan, Raphael and other London stock¬
Deshler,
Theodore
Greene, Wm.
Wm. Dennison,
Comstock, W. holders should unite in
appointing some public auditor to come
B. Brooks, Isaac Eberly, C. P. L. Butler, Jno. Greenleaf, John L.
out here from London for the purpose of making a thorough ex¬
Gill, Jno. D. Martin, C. H. Rippey, G. W. Pickering. The Board
amination of the company’s accounts to this date, and he was
of Directors elected the following officers: President, B. E.
given
to understand that those gentlemen had agreed to do so,
Smith ; Vice-President, M. M. Greene ; Secretary and Treasurer,
and that they had selected the well-known auditors, Messrs.
J. J. Janney; Superintendent, Jno. W. Doherty ; Auditor, T. J.
Young, Turquand, Young & Go., and Messrs. Quilla, Ball & Co.
Janney ; General Freight apd Ticket Agent, E. A. Buell.
for that purpose. These gentlemen were expected to arrive here
Erie Railway.—The affairs of the company are, for the time
very soon.”
being, prejudiced by the reports of the late Auditor Dunan, and
Great Western of Canada.—The directors have announced
now that President Watson has returned from London, a full and
that the surplus of income over working expenses for the half
comprehensive report of the company’s accounts is expected. A
year ending with January have been ascertained, and will be
telegram from London on the 16th says:
sufficient to pay a dividend at the rate of 3£ per cent per annum,
“The Erie Shareholders’ Protection Committee have to-night sent a protest
leaving a balance of $3,200. The Niagara Falls Gazette says that
to the London Banking Association 'requiring them, on pain of being held
responsible, to suspend any use of funds derived from the recent issue of negotiations for the sale of the {Suspension Bridge to the Great
bonds until it shall have been ascertained whether the issue was fraudulent,
Western Railway Company have so far progressed that the
owing to concealment of real accounts rendered by Dunan to President
proposition awaits only the concurrence of the English stock¬
Watson.”
holders.
On this the N. Y. Woodd remarks : "‘It is only necessary to adc
Indianapolis Cincinnati & Lafayette Railroad.—The fol¬
that the ‘ Erie Shareholders’ Protection Committee ’ has been out
Gross earnings for
of existence for a long time past.
The name, however, gives a lowing figures are given for this road.
$1,654,274 03
1868...,
$1,376,055
00
clue to the author of the protest.”
■*
1,754,448 91
1,457,403 77
Mr. Dunan’s last assault on the company was in his^letter to
1,891,450 96
1,599,776 70
Presideni Watson, published April 11, in which he states, in sub
The receipts of January, 1873, and January, 1874, compare
stance, that after June, 1873, important changes were made in
both the receipts and expense accounts of previous dates, in order favorably, as follows :
1874.
1873.
to show a surplus income for the dividend.
He then says :
Receipts.
$142,116 19
$144,943 53
act

on a

902767881 1

#

.

*

“Over $3,300,000 were used of the proceeds of convertible bonds to pay
dividends and work the road in one year. But as we had stated that these
amounts had been paid from the surplus earnings, a falsehood had to be again
uttered when we came to make up the statement showing the disposition of
this fund. This statement }rou published in London under date of Feb. 4,
1874. You must have been aware of its inaccuracy.
In it 3rou claimed that

proceeds of the sale of $8,000,000 convertible bonds, had

the $7,478,370 42.
been applied as follows :

To

expenditures for account of items which belong to “cost of
road and equipment.”
....$5,833,879 14
improvement of branch roads
:
747,195 82
purchase of shares in mineral railroads and coal lands
717,599 50

To
To
To balance

174,695 96

unexpended

$7 473,370 42
Making a total of
While the facts are that, taking the whole expenditures for the fiscal year
1873 on these accounts, they show increases in them respectively only as
follows:
$2,822,405 00

Cost of road and

equipment
Improvement of the branch roads

112,266 26
717,599 50

Purchase of coal lands

Making a total of...;
Or a difference of
From which deduct the nominal balance stated as
.

..$3,652,270 76
3,821,099 66
174,695 96
unexpended...
..

....

Leaving a difference of
$3,646,403 70
which 3rou will find corresponds very closely with the amount of deficiency I
show to have accrued in the year's operations.
The difference between

$7,473,370.42 proceeds and $2,822^405 the amount charged to * cost of road and
equipment,’ (less the amount reported as unexpended, $174,695.96), to wit,
$4,476,269.49. you state, ‘ will remain in 4 suspense account’ until the Presi¬
dent and Executive Committee shall have formally passed all the bills of
expenditure.’ There is no account on the company’s books styled the
suspense account.’ Nor are there any suspended bills or vouchers paid out of
the proceeds of the convertible bonds awaiting the action of the President or
‘

Executive Committee.”

In

opposition to this, Mr, Barlow has published the following
long alter the

letter to him, written by Dunan in November, 1873,
date at which he charged the garbling of accounts :

My insurance agent reported to me last evening that a man bj’ the name of
AUIod, who was at one time in the employ of the company, or of Fisk, and
who now has close relations with Henry Thompson and the old party, stated
that there was no doubt of the fact that the earnings were 44 cooked,” and that
there were two sets of books kept. I argued from this that it will not be a diffi¬
cult mutter to ascertain the basis upon which such a rumor is floated.
For if they (the old party) do not hesitate to state the fact publicly in the
street, they have either negotiated the purchase, or are talking for speculative
purposes, in either case don't you think the bladder is in a condition to punc¬
ture ?
These reports can do no good, and are calculated to do us much harm.
Don’t you think we should act a little combative now and then, and not sit
still, taking all the abuse which is being heaped upon us like meek Christians,

93,558 69

$16,055 65
$51,384 84
The road is a through line, and its business lias every prospect
of increase for years to come.
In the results of the last
six years as above given it must be remembered it has been in the
hands of receivers nearly half the time, and operated under
many

disadvantages.

The recent arrangements with the Cincin¬

nati, Lafayette and Chicago Railroad
and its connecting lines to the West
more

will enlarge its business,
and Northwest are much

extensive than in 1868.

New Orleans Mobile

-

‘ ’

*

and Chattanooga Railrodd.—In the

of the State of Louisiana vs. Charles Clinton, Auditor, and
Antoine Dubuclet, Treasurer, the New Orleans, Mobile and Texas
Railroad Company intervenor—a suit involving the validity of

case

$2,500,000 State bonds issued to the N. O., M. & T. Railroad—on
rehearing in the Supreme Court of Louisiana, a decision was ren¬
dered in which Justice Howell says, in the course of his opinion :
“It is contended, on behalf of the State and the people of the
State, that the obligation of the State to endorse the second mort¬
gage bonds of the intervening company, and in lieu of which the
purchaser of stock was substituted, was contingent, and that the
conditions upon which that obligation was to be fixed had failed
prior to the passage of the act authorizing the purchaseof the
stock and issuance of the bonds to pay for it, and hence the issu¬
ance of the bonds was the creation of a debt in violation of the
prohibitive amendment to the constitution. This failure is said
to be notorious, to wit, the non-construction of the branch road,
or any part thereof, within the time prescribed by act No. 22 of
1869, under the provisions of which the company’s bonds were to
be guaranteed.
If it be true that at the date ot the said act No.
1)5 the obligation of the State in favor of the railroad company
was

Accounting Department Erie Railway Co., \
New York, November 14, 1873.
J
My Dear Mr. Barlow : Have you heard anything further from the double
set of books?

126,060 54

Operating expenses

extinguished

or

had lapsed, the said act No. 95, authorizing

the issuance of the bonds in question, was the creation of a new
debt, but we are not prepared to say that such a fact may be judi¬

cially noticed, even in behalf of the public. But its importance
is such that we are unwilling to bold the public responsible lor
the omission to furnish the necessary proof, and we have concluded
to remand the case for evidence on the point, and such other pro¬

ceedings as may be requisite. It is, therefore, ordered
decree herein be set aside, that the judgment appealed

reversed, and this case be remanded for

that our
from be

the taking of evidence

proceeded in according to law.”
Rockford Rock Island & St. Louis.—The following is from
the circular of Messrs. Hassler & Co., bond dealers, 7 Wall street,
dated April 10, and is part of a report by Mr. C. W. Hassler as
which we are not?
I am getting tired of it, and unless you 44 start the hall ” soon will burst.
one of a bondholder’s commit tee, which lie has made after a recent
There is nothing in our books which any man may not see, except the private
visit to the West and a trip over the line of the R. It. 1. & St. L.
accounts of our patrons, and l only keep one set of books.
"

Yours

faithfully,

S. H. D.

and to be

road :
The Contract of

July, 1872, by which the Bondholders agreed
meeting of Erie directors on the 15th inst. the World to
accept
certificates
of indebtedness for coupons 6, 7 and 8, and
says : “Mr. Watson made a report to the Board as to his arrange¬
also to cancel 50 per cent of the principal and remaining coupons,
ments with the English bondholders, and the placing of the
and receive in exchange certificates of preferred stock, has been
^15,000,000 loan. He said he had the pleasure to inform them
that a contract had been executed between the London Banking accepted by the owners of $7,008,500 in Germany, and by a large
in this country.
Association for the issue of $15,000,000.J)onds of the Company, number
Statements
show that the net earnings have been for the period,
which had been approved by the bondholders. About $25,000,000
from August, 1869, to December, 1873, the sum of $527,505 07, or
was subscribed altogether, ah excess of $10,000,000 over the sum
about one-third of the interest paid.
required and bonds of the Company offered.' The subscription
Had the coupons been promptly paid as they became due, the
price is to be paid before the 1st of July next. The report was
one just past been included, the sum of $3,465,000 gold, or say
unanimously accepted.
In reference to the charges and statements published by ex- $3,900,000 currency would have been needed, while $527,505 07
has been the sum total of the net earnings applicable to such
Auditor Dunan,- Mr. Watson expressed very great surprise,
believing him to have been a very different man, and in every payment. The February 1874 coupon is included in this state¬
ment, because the funds to pay it should have been earned prior
way worthy of the great confidence he had hitherto reposed in
to January of this year.
him. The more he inquired into the statements and figures pub¬
A comparison of the expenses with the gross receipts is as
lished by this man the more palpable was the fraud he was prac¬
follows:
tising upon the public. Since his return he had had these charges
For the 23 months ending 30 June, 1871.
in full placed before him, and after perusing them he pronounced Gross
j
earnings...
$755,221 75
them bapeless apd fraudulent, He was engaged in making a * Expenses, 99,42 per cent
750,90# 70: *
Of the




(2).

400

THE CHRONICLK

For the year ending 30
Gross Earnings

June, 1872.

$947,650 28
763,318 87

....

The

more

but involve long and expensive legal
proceedings, it should not
be hastily entered into.
In either case bondholders must be
content to receive only such returns for their investment as
may
be derived from the net
earnings of the property.

$1,067,743 !69
824,214 33

Expenses. 77.191 percent.........
For the year ending 30 June, 1373.
Gross earnings
Expenses, 81.03 oer cent
30 June to 31 December, 1873.
Gross earnings
Expenses, 76.85 per cent

...$433,386 11
333,061 %

important

pending in which this

cases now
is interested appear to be :

St. Louis & Iron Mountain.—A special meeting of the Stock¬
Railroad, the Arkansas Branch, and
tho Cairo Arkansas and Texas Railroad was held at the office of

holders of the Iron Mountain

|

the Iron Mountain railroad in St. Louis, April 11, and 91 per cent,
of the stockholders voted in favor of a consolidation of the roads.
The consolidation will take effect at once, and the combined
roads will hereafter be known as the St. Louis & Iron Mountain

company

(1) R. R. I. & St. L. R. R. Co. vs. Henry H. Boody, in which
and also $32,221 14. This case has
Appeals, where the motion to dis charge the defendant from arrest will be argued.
Henry Clews & Co. vs. R. R. I. & St. L. R. R. Co. This suit
arises from a contract made by Mr. Boody, as treasurer, with the
complainant, by which they claimed $160,000 as commission for
selling the bonds of the company. The first claim was claimed
to have been compromised by the payment of $50,000 in stock,
and a promise of $50,000 in Town Bonds.
The amount claimed
in the present suit is $45,000, being the value placed by com
plainant on the $50,000 Town Bonds, which were never delivered
to him by Mr. Boody.
Summing up in a few words it is found that the company cannot
be a coal mining corporation.
The road is 295 69 miles in length, of single track, and of this
18 miles are useless for earnings.
The capital stock realized in cash less than $1,107,479 40.
The bonds originally disposed of, and to secure which the
property is mortgaged, amounted to $9,000,000, and realized less

claim is made for $245,000,
been carried to the Court of

than 80 cents

Railway.

The contract of

A meeting of the shareholders of the Iron Mountain

and Cairo and Fulton railroads will be held at Little Rock, Ark.,
to vote on the proposition to consolidate these roads in a similar
manner, which; if effected, will add 305 miles to the track, and
make the consolidated lines 687 miles long, extending from St.
Louis on the north and Cairo on the north-east to Texarkana,

Texas.

The

following plan of consolidation had previously been
we believe, adopted:

submittted, and was,

Of the $26,500,000 of stock forming the
aggregate capital of the four roads—
The shareholders of the Iron Mountain Railroad Company to
receive
$11,500,000

being 115 shares of the new company for each 100 now held by
them in the St. Louis and Iron Mountain Railroad Company.
The shareholders of the Cairo and Fulton Railroad Company
to
receive 60 per cent, of their present holdings, namely
of stock in the new company.
The shareholders of the Arkansas Branch to receive 65 Der cent,
of their present holdings, namely
of stock in the new company.
The St. Louis & Iron Mountain Railroad Company to surrender

7,200,000
1,548,950

1,170 shares of stock of the Arkansas Branch, owned by it, to the
company free.

the dollar.

on

[April 18,1874.

new

July, 1872, has been largely signed, but

The shareholders of the Cairo Arkansas & Texas Railroad Com¬
pany to receive 60 per cent, of their present holdings, namely...
•of stock in the new company.
The balance of stock to remain in the treasury of the company,

many

bondholders have not yet assented to it.
The net

earnings for the whole period from August, I860, to
January, 1874, have been about one-seventh of the amount
originally promised to be paid out as interest during that period.
The company are now engaged in several suits which, if
resulting in its favor, will be of great pecuniary benefit to the

1,200,000

namely

5,051,050

Total

$26,500,000

Southern Minnesota,—Danforth W. Blanchard and Samue
D. Arnold filed petitions in the United States District Court for
Minnesota asking that the Southern Minnesota Railroad Company

bondholders.
Bondholders must

consent to
a
funding of their coupons
maturing during the next several years, or a foreclosure and be ajudicated a bankrupt. The defendant made a motion to
reorganization of the company must take place under the direc¬ dismiss the (petition. The judge held that the acts ol bank¬
tion of a committee of bondholders.
As the latter course cannot ruptcy as charged sufficiently
appeared, and denied the motion.

MONTHLY EARNINGS OF PRINCIPAL RAILROADS.
Atlantic & G. W.
1873.

,

(604 m.)

(604 m.)

$374,719

$403,039
344,257
402,317

360,754
420.250
434,845

Atlantic A Pacific. Bur

1874.

1874.

1873.

(799 7n.)

$319,647

$341,996

(261771.)
$61,136
80,846
85,561

348,965

466,981
4^6.343

428.524
423.514

371,400
383,935
451,528
502,087
468,671

447,252

554,205
469.251
391,269
421,309

1874.

(1,459 w.) (1,670 m.)
$7.52,468
$991,490
903.021
765,249
967,258
1,039,986
1,034,022
1,256,072
1,292,143

...

q,

^

-

®

794,000

..April..

939,778
1.129.469

867,666

..May...

1

..Oct..
..Nov....

118,946

..Dec

1,072,750

64,230
51,958

.3,938,969

$696,726

..Aug...
.Sept....
.

..

Erie

.

$356,382

$366,943

405,504

276,099

441,386

318.976

1874.

Illino

*

1873.

1874.

(971 771.)

(971 77*.)

$1,326,505 $1,462,650
1,323,901 1,27.3,775
1.628,742 1,413,223

405,904
428,919

1,541,958
1,754,821
1,717,593
1,685,384
1,774,570
1,918,247
1,882,421
1,560,023

386,267
457,964
459,256
416,354
320,265
315,057

.Jan—
..

,.

..April..
..

'

7 42.600

684,840

..Aug....
..Sept...

769,748
884,485
797,122
636,039
703,692

..Oct
..Nov...
..Dec

—

Year

1874.

(284 77?.)

(788 77i.)

(788 77i.)

$1,519,249

$169,843
161,132

$171,028
144,215

$415,898

$647,416

161,031

194.787

542,008
690,017
675,840
679,333
603,955

543.016

178,009
187,439
193,148

176,205
172,498

581,168
576,790

207,529
184,191
151,793
150,302

763,481
677,043
607,220
644,022

1,680.969

1,585,368
...

1,776,420

1,742,516
1.375,556
1,546,983

2,126,876
St.L. A. AT.H.
1873.
(337 m.)

(337 w.)

$151,502
169,456
175,719

$138,339
121,134
148,675

1874.

..

St. L. A Iron Mt.
1873.

1874.

170,218

207.627

170,218
165,260
151,532

230,536
195,107
180,440

181.863

$7,521,774

615,930

(530 m.)

$189,553
220,619
229,925
231,886
219,051
199,958

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

.April..

....

.May...
.AUg.

...

.Oct
.Nov
.Dec

.

:....
.....

.....

1874.

(507# m.)
$177,331
178,450
201,213

...r....

..

339,000

—

309,000

—

276,518

...

1874.

$111,900
99,447
107,971
....

119,019

178,302

196.403

113,162

167,828
131.924

179,385
143,267

286,244
274,567

133,601

170,607

224,290

96,342

£1,941,724

$2,223,574

$2,761,959

$1,265,609

123,714
122,568

98,715

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

..April.
..May...
..June..

t.......

...

T

.

,

.

T

..July...
..Aug.
..Sept....
..

.

„

f569,236,
g 805,799
”929,210

■.

.

M

»•

•

•

•

•

••••••#•

Ind. Bl. AWest’n.

834,320
767,800
1.193,209
1,012,704
571,800
843,200

$9,046,116
/—Kans‘

1873.

1874.

1873.

(212 m.)

(212 m.)

(672 m.)

$100,323

$152,122

$150,555

90.441

129,304

112,569

151,185

194,786
300,719

124,045

...»

122,614

$1,591,878

$3,505,175

Mobile & Ohio.
1873.

Ohio & Miss.

1874.

..Oct....
..Nov....
..Dec....

118,083
82,596
85,625

..Year,.. $1,224,8

1874.

(393 m.)

(393 m.)

$283,605

265,628
260,127
227,225
184,037
148,691

213,348

291,630

$265,375
239,303
297,613

$312,848

.

174*968

338,725

338,708

307,520
290,470

255,424
301,998
371,344

...

218,423

325,841

238,635

266,533

380,338

26l;275

$2,801,077

$3,606,168

(248 m.)

136.931
127,782

1873.

(517 m.)
$293,927

(248 m.)
$79,7S0
83,169

111,683
105.268

245,774

(517 m.)

1874.

-107,135

178,4x9

312,614
323,231
328,188
343,785

392,510
265,218
201,493

1873.

102,491
84,260

1874.

352,298
332,763

133.758

Tol„ Peo. A W. Tol.

(358 m.)

....

576,260

.

149,093

$3,413,027

1873.

(358 m.)
$83,126
101,825
114,423
110,710
119,753

251,313




—

657,500

555.287

202,605
215,426

St. L- & S. East.

197,864

232,789

..

..Year

99.524

..

$257,600
224,780
258,600

.Sept....

201.769

..

$200,639
224,393

.July...

.

....

423,716

50,098

152.632
112.974

(784 m.)

.June..

46,693

156,973
168,453

(642 m.)
256,719
263,685
250,934
249,342
302,881
329,000
403,781

(1,310 fh.)
$334,715

121.27)

1874.

1874.

1873.

(132 m.)
$53,516

136,178
t

1873.

...

St. Louis, K. C A N.
1873.

(312 >n.) (312 m.)
$145,834 $156,700
152,054 1411,035
224,449 169,475

1874.

...

1874.

[o., Kan. & Texas.

1873.

(284 77i.)

1,694,543

Cent’l.

$8,268,326

Michigan Cent.

1874.

1,305,132

...

..July...

....

(1,136 771.)

1,735,736

May

..June..
....

1873.

.s

(1107 m.) (1109 m.)
$602,241 $611,491
538,668
597,429
567,554
660,759
553,912
635,459

,.Feb..
Marcli

1,625,129

Marietta & Cin.

.

1873.

$4,796,985

Lake Shore & M. S.

—

..Year..

(391 77?.)

49,107 ‘
49,773
39,132
60,481
59,501
64,416
65,608
72,273
79,093

105.430

July...

..

Chic., Mil.

1874.

(132 m.)
$47,515

373,675
1,301,203
1,214,551
1,251,623
1,401,224
1.375.470
1,296,813

June..

..

144,901
139,998

1873.
(391 m.)

hi«., Danv. & Yin.
1873.

685.641

..

88,016

108,100

403,721

.

$13,545,167

1,451,762
1,582,531

81,213

$4,948,672

1873.

1873.

$108,303

1874.

(1,222m.) (1,329 tti.)
$895,642
$848,558

..Jan—
..Feb..
..Mar....

88,637

Chi". & N.western. Clev. Col. Cin. & I.

(1,136 771.)
$1,445,122
1,592,754

1873.

(261 771.)

96,696

397,485
397,729

$5,134,288

—Central Pacific-^

1874.

77,387
82,682

413,796

423,396

1,240,987
1,284,094
1,511,781
1,451,827
1,039.306
1,019,502

C. R. & Minn.

,

1873.
(799 m.)

$96,794
82,354
98,022

Wab.A w.

1873.
(628 m.)

$370,290
405,110
47L301

446^527
470^598

1874.

UnionPacific.
1873.

352,561
404,699

491,784 607,990
708,259
881,266
1.007,831

541,192

969.863

483,399
642/209
593,504

876,833
837.278

482,767

1,068,937
1,170,586
970,660
758,832

$5,864,076

10,266,104

538.251

418,928

1874.

(628 m.)(1038m.) (1038m.)
$423,343 $523.975$620,715

...

..

April 18, 1874.]

THE

CHRONICLE.

JECx ports of Leading Articles from New York.
The following table,compiled from Custom House
returns,shows
the exports of leading articles from the

®l)c Commercial Cimes.

\

401

January 1,1874,

port of New Yorfe since

to all the principal

foreign countries, and alsotne
totals for the last week, and since
January 1. The last two lines
show total values,
including the value of all other articles besides

COMMERCIAL EPITOME.
Friday Night,

April 17,1874.
those mentioned in the table.
during the 0) 0)
CO
i<©o?<Hioi-cooJ-<oi-«TOf<pa)MT|i-oaooft-®aD .S
Miri-o»iOe»viO'ii|QOMOi'X-•
past week. The approach of the period for reopening the Erie al oo co«aoo»HWc-'f
3035«5t»-<c$»o;©55oOTo»OTr.2
22 fc»c> «•-*-* fifad of oJot-hcTw
0lT3l OCtOt
OQ
Canal is felt in the markets for the leading Western staples, but
00
&
more especially is this true of
grain. The various and apparently
conflicting constructions which have been placed upon the bill
so ao <
which has passed Congress, and now awaits the
approval of President Grant, have unsettled speculative confidence; and the
volume of trade is, to say the least,
disappointing. The weather
has become more spring-like in temperature, but rainy.
Provisions have been irregular. Pork and lard, the
leading
articles of speculation, have been drooping on the spot, and for
future delivery have sold at a material decline.
New mess pork
sold largely for May yesterday at $16 60, with some business for
.w
cocom
.£*
§2
82
June at $16 75, being a decline from the
;
-OortO
S®* $
o
:3 :
GO
highest figures of this
O
month of 40550c. per bbl. Lard has been
up to 10 3-16c. for
9\
prime Western steam for April delivery, 10 5-16c. for May, and
10 7 lfic. for June; but yesterday sold at 10 3-16c. for
May, and
®
to t»
OO
-oo
10 5 16c. for June, with only 10 116c. bid for
CO
April. Bacon has
o»c-ao<N
»o Ot_ - GO tbeen scarce and higher, with recent sales at 9c. for
Z,
o
go
v-T
Cumberland,
5 « CO
2
91c. for short rib, and 9$@9fc. for long and short clear.
38
coco
In other hog products, the business has been active in
pickled
MOO
hams and bellies, the former
S.oo
going yesterday at 10@llic., and the
.053
:
•*OOt
o
latter at 8fc@9|c., according to
weights and other conditions.
Beef has been in good demand, and the sales of India mess have
been fair at $29 50@$32.
Beef hams have also been more active
otino
at full prices.
Butter seems to have declined to prices which
•g «j 82
*t-ccap
■S s “3
have called out a demand equal to the
supply. Cheese has con¬
£ .2 c-'of
tinued scarce and fair.
£ a *-•
To-day, with stronger accounts from the
M0
West, there was some recovery of tone and prices for pork and
lard. In pork, there was a speculative movement to the extent
o
ot oo jo op Q
oo
-f
*
: SS
of 8,000 bbls. at $16 60@$16 87* for
May, and $16 75@$17 for
a*
June, beginning at the lower and advancing to the higher figures,
There has been

a

fitful and uncertain tone to trade

c-otot50

t—

—

t-35

•4.

'

r«

*>

i

11* t-co

.

*o m rH

.

•

.

•

*-

> C5 <

<33

'

.

•

rH

■'*'

in hJ« CO co
50 GO l-

.

~

I

OS
CO

>c*r-t-Tro»«o
OT
cn
ot

c

•—«

(3,

r-»

o» i—

f

•

C© *
QC I

I

I

in

t->

co

■
■

an hh

■

O rH

.

y-i

o

•

•«_»

•

• U3

•

•

th

•
•

•

,

....

•

•

■

•

.

•

rr

.

.

t-,

eo

•

•

T-l

•

o ot
OM-H

.

—• rH

•

MM

—<

.m-mn

•

03 l- 50

•

•

• —<
.oo

.M®

CO

•
•
•

•

.o

.

.eo

•

•

•
•

•

.

at which there

was

also

101c.

sellers at the close of the market.
Lard
but not active, with sales of prime Western at

were

higher,

the spot, 10 3-16c. for April, 101c. for May, and lOfc. for
June.. In other provisions there was no movement of moment.
Cheese was quoted at 15@16^c. for fair to choice
factory.
Coffee has ruled steady at 19@23c.,
gold, for Rio and 25@27c,.
gold, for Java. The stocks at this port yesterday were 141,342
bags Rio, 40,358 mats, and 2,829 bags Java, and 45,598 bags and
2,094 mats of other descriptions. Rice has been more active, and
choice qualities of domestic have
brought more money, the
whole range being 7@9c. for Louisiana and Carolina, while Ran¬
goon has sold fairly for export at 31c., gold, in bond, and the
stock yesterday was 11,600 bags. Molasses has ruled
strong, and
50test Cuba Muscovado has sold at 36c., with stocks
only 3,289
hhds.; domestic quiet, with a stock of 9,300 bbls. Sugars have
been variable ; Cuba Muscovado has had a downward
tendency,
with some business at a decline; fair to
good refining quoted at
7f@7 ll-16c., but centrifugal has been active and rather firmer at
81081c.; refined 101c. for standard crushed.

fc*.

K
^

on

Receipts past week

Sales past week
Stock April 16, 1874
Stock April 17, 1873..

Hhds.

Boxes.

25,684
13,321

Bags.

5,744
9,235
50,564
26,603

6,625
5,965
183,282
162.544

65.256

,...36,171

Freights have been

more

-

active and rates show

a

10030
05 m o

•

ri

»

coojo

•

50 m

grain
ship¬

expected the
A large number

have
prompt delivery

15|c., though 16c, was the general price.
Crude lias been
quiet, but closed very steady at 7£@7fc. in bulk for April deli¬
very.
Spirits turpentine has continued very quiet and un¬
changed at 45c. Wool has sold slowly, but as the stock is very
light prices are hell quite steadily. Hops continue to sell
in a retail way at greatly reduced prices, crop ot 1873
20@30c.
Stearine is firm at l!£c. for prime city.
Whisky closed quiet but
firm at 98c.
Linseed was lower, with a sale of 6,000 bags at
$2 50, gold, 60 days. Metal of all description were quiet, but
there was a better feeling, and in tin there was an advance with
straits at 24£c., gold.
Kentucky tobacco has been nlbre active, the sales aggregating
450 hhds., 350 of which were for export and 100 for consumption ;
quotations have been about steady at 4j@6c. for lugs, and 8@ll£c.
for leaf.
In seed-leaf there has been a good business at steady
figures. Sales, crop of 1870, 150 cases Connecticut, at 5j@6c.;
crop of 1871, 175 do. Ohio at 15c.; crop of 1872, 250 do. Connec¬
ticut, at 10@30c.; 110 do. State, at 5£@10c.; 400 do. Wisconsin, at
6@7c., and 1,100 do. Ohio at 6|@6fc. Spanish tobacco was fairly
active and steady ; 500 bales Havana sold at 60@90c,




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at
ll£@12d. by steam and 8£d. by sail to London, 10|@lld. by steam
and 9d. by sail; and vessels were chartered with
grain at
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refined to Cronstadt, at 6s. 6d. with long lay days ; 4s. 6d. to
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Exported to—

Imports of Leading Articles.

The following table, compiled from Custom House
eturn
ihows the foreign imports of leading articles at this port since
Jan. 1,1874, and for the same period of 1873 :
[The quantity is given in packages when not otherwise specified.]
Same
Jan.1,’74. time 1873

Since

Earthenware—
China.:....
Earthenware.
G ass.........
Glassware
Glass plate
Buttons

9,068

102,011

186,958

6,051

12,560

2,115
1,897
6,492
4,8 1
454,409

3,305
1,943

..

Cocoa, bags
Coffee, bags
Cotton, bales
Drugs, «fcc—
Bark, Peruvian..
Blea. powders...

8,979
1,867

1,570
480

13,196
1,078
1,320

Indigo
Madder

288

276

5,030

174

13,430

319

Hair

968

Tin, boxes
slabs,lbs...

Tin

bbls

Articles reported
value—

65,188

Hides, dressed..

372

507

2,190

4,088
19,985

20,004
867
250

Watches
Linseed
Molasses

339

256,123

24,983

201,284
25,031

426,524

29,105
25,257
5,757

58,319
37,925

18,296

$699,346

12,929

25,252

257,949

454,160
134,754

51,845
112.068

91,234
646,676
339,199
459,596

782,792
433,160

663,483
3,949,107 4,115,689
225,202
195,496

SpiceSj &c.—
Cassia

49,639

107,988
28,608

30,152

Cork
Fustic

Logwood

Mahogany

148,223

6,669

104,248

73,758

37,088
7,844

148,093

108,988

28,038
217,006

34,055

35,241

Receipts of ^Domestic Produce.

France

Q. Brit.

April 17.
NewOrleans.

14,364

Mobile

15,019

53

Charleston...
Savannah

13,307

42,690

9,793
1,945

8,924
9,798
11,065
4,791

8,208

676

4,255

1.132

1,725

2,846
3,579

~^9tT
1,504,015

16,744
321,995

26,853
541,252

1874.

48,009
8,321
4,186
2,449

53

6,924

Texas
New York...
Other porta*

12,962
12,144
1,425

79,571

89,499
2,044,793

2.367,262

1873.

172,882
33,463
27,363
42,728
48,815
144,588
45,000

163,180

514,844

457,407

33,627
21,093
40,475
54,593
99,439
45,000

*
The exports this week under the head of “other ports” include from Baltimore
804 bales and 167 bags Sea Island to Liverpool, and 299 bales to Amsterdam, and
877 bales to Bremen; from Boston 2,055 bales to Liverpool!; from Philadelphia 553
bales to Liverpool.

From the foregoing statement it will be seen that, compared
with the corresponding week of last season, there is an decrease in
the exports this week of 9,928, bales, while the stocks to-night are

57;437 bales

than they were at this time a year ago. The
usual table showing the movement ol cotton at
ports from Sept. 1 to April 17, the latest mail dates.

following is
all the

538,067
24,460
1,202

966

Ginger
642
Pepper
Saltpetre
1,181 Woods—

295

Ivory
Jewelry, &c.—
Jewelry

118,200

$601,723

Corks

Rice

Bristles

170,287
482,688
491,248
27,569

by

10,649 Fish
14,523 Fruits, &c.—
Lemons
2,558
2,047
Oranges
1,168
Nuts...
Raisins..
1,260
45,941 Hides, undressed..

1,790

Gunny cloth

Steel

72,018
53,186
124.951
276,001 1,929,639
24,288
63,021
306,952
320,365
2,348,696 1,619,370
27,662
37,911

17,464 Fancy goods.......

1U.884
11,913
3,016

,

Lead, pigs
Spelter, lbs......

9,778 Cigars

369

Soda sal
Soda ash
Flax
Furs

Iron, RR. bars...

...

240

2,352
1,166
174,315

846

1,760 Wool, bales

379

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

1,384

Hardwaie

Sugar, bxs & bags.
8,925 Tea
10,243 Tobacco
1,197 Waste
496 Wines, &c—
2,192
Champagne, bks.
Wines
1,393

10,307
7,82!

Gum, Arabic

India rubber

Same
time 1873

Stock.

Totalthls Samew’k
week.
1873.
Contln’t
'

Weekending

Total
8'nee Sept. 1

14,287 Rags
382,154 Sugar, hhds, tcs. &

439

Cochineal
Cream Tartar...
Gambier

Hemp, bales
Hides, <kc—

Jan.1,’74.

Cutlery..
5,092
16,833

2,551

.....

Coal, tons.

Since

Metals, &c.—

China, Glass and

1874.

[Apr

THE

402

more

our

KXPOBTKD 8INCJK SKPT.lTO—

BXOKJPTB

Great
1872.

1873.

New Orleans. 1116,150 1056,672
Mobile
279,770 297,812
Charleston.... 399,196 329,654
Savannah
619,237 562,259
Texas
339,615 308,549
New York
153,697
96,228
Florida
11,051
12,610
No. Carolina
50,564
46,103
443,993 352,912
Virginia
42,426
42,047
Other ports..
....

Total this year 3451,827

....

3107,803

....

lOther

Britain. France. For’gn.

Total.

Ports.

206,991
6,995

903,165
105,792
2,5,674
3;0,795
208,202

132,621

483,732
67,814
141,701
208,252
157,3'4
312,857
....

86,116

33,917
13,028
8,139

512,442
30,983
37,857
143,626
37,810
26,216.

....

868

7,233
17,864

151,4s6
164,340
200,v8S
80,300

377,212
•

5,95S
8,290

.

Total last year

Coastwise

8KPT.1.

8INO*

PORTS.

« .

....

12,610

^

6,326
15,513

57,083

65

1468,011

305,251

514,399 2287,691

1360,007

202,946

392,341

37,740
421,884

75,012

....

Stock.
209.685
81,689
32,651

50,326
56,407
133,183
2,826
8,198
30,000

1201,189

554,815

1955,294 1196,986

499,850

The market the past week has not been active for cotton on the
spot, yet prices have shown an upward tendency, and last even¬
ing quotations showed an advance of £ cents as compared with
the preceding Friday, low middling uplands being rated in the
circular of the Cotton Exchange at 16f cents. To-day there has
been a still further advance to 16£ cents. The earlier accounts
from Liverpool were dull, but on Tuesday they began to im¬

Not only was a more active business reported,
prove.
but quotations were advanced,
and on Wednesday some
excitement there was indicated with middling uplands up

The upward tendency at our market has also been
by a great falling oft in receipts at the ports. For some
days past they have been more than 25 per cent, less than for the
corresponding period of last year, and through the large exports to
Since
Same
Since
Same
the continent, stocks on hand have been largely reduced; conse¬
time
1873
Jan.1,’74.
Jan.1,’74. time 1873
quently holders have been encouraged to reduce the offerings on
Ashes
2,414
2,014 Oil cake
pkgs.
pkgs.
56,359
3S,8&5 sale notwithstanding the large movement of Bombay cotton. To-day
318
267
there was, ae stated above, a further advance of ^cent on the spot,
Breadstuff's, &c.—
Oil, lard
Flour
bbls. 1,129,443
691,185 Peanuts
13,009
bags.
38,794 with a good general demand.
For future delivery the market
Wheat
bush. 7,827,300 1,124,580 Provisions—
Corn
Butter
4,372,138 1,454,373
.pkgs.
200,979
156,033 opened weak, and with all the favorable circumstances of re¬
Oats
Cheese
duced receipts at the ports, stronger accounts from abroad, a
2,277,449 2,179.538
134,678
113,488
Cutmeats
220.945
2,173
Rye
176,196
325,241 rapid reduction of stocks on hand, the passkge of the Inflation
441.586
Barley, &c
414,588
152,798
Eggs
118,138 bill
through Congress, bad weather and late season at the South
Grass seed.bags.
Pork
31,153
54,650
72,658
68,990
Beans
bbls.
Beef
29,382
15,070
11,884
12,065 for planting the next crop, prices refused to advance till at the
Peas
bush.
Lard
114,354
14,094
136,379
213,222 opening of Wednesday’s business, and even then only for April
C. meal....bbls.
Lard
73,090
86,168
kegs.
13,932
12,579 and
May. The advance which then took place was mostly lost
Cotton
bales.
382,532
312,693 Rice
pkgs.
8,302
4,526
Starch
1,026
Hemp
bales.
104,1730
91,895 toward the close, and the opening figures of Thursday were
1.314
Hides
No.
198,419
241,123 ritearine....
8,273
5,389 among the lowest of the Week, thus : 17£ cents for June and
Hops
bales.
6,806
4,991 Sugar
bbls.
17 17-32 cents for J uly ; but almost immediately a speculative
Leather. ...sides. 1,004,916
777,061 Sugar
234
hhds.
508
demand
Molasses
bbls.
Tallow
sprung up, which caused a considerable improvement,
22,394
21,893
12,809
pkgs.
12,330
Naval Stores—
Tobacco
63,460
43,028 and the business extended to the next crop, which was wholly
Cr. turp. ..bbls.
hhds.
3,435 Tobacco
3,661
19,558
21.056
neglected
early in the week. To-day,
the continued
17,197
16,794 Whiskey
Spirits turpen...
bbls.
71,552
54,723
Rosin
Wool
bales.
at the ports and unfavorable
83,219
148,750
11,805
22,452 falling off in the receipts
Tar
26,970
14,562 Dressed llogs. .No.
106,793
93,812 weather
reported from portions of the
south caused
Pitch
726!
6801
an
active speculation, especially for May and June, in the
covering of contracts, and prices showed a material advance.
COTTON.
There were also rumors afloat of damage by the frost a week
ago.
After ’change, the market was active for futures at the
Friday, P. M., April 17,1874.
By special telegrams received to-night from the Southern ports highest figures of the day, but no further advance was reported.
The total sales of
this description for the week
we are in possession of the returns
are
showing the receipts, exports,
free on board. For immediate de¬
&c., of cotton for the week ending this evening, April 17. It 106,100 bales, including
livery the total sales foot up this week 12,760 hales, including
appears that the total receipts for the seven days have reached
39,709 bales against 50,043 bales last week, 59,553 bales the pre¬ 7,101 for export, 2,908 for consumption, 2,052 for speculation,
vious week and 63,745 bales three weeks since, making the total and 705 in transit. Of the above, 1,082 bales were to arrive.
receipts since the tirstof September, 1873, 3,491,596 balesagainst The following are the closing quotations :
3,163,639 bales for the same period of 1872-73, showing an in¬
New
Upland and
Mobile.
Texas.
Florida.
Orleans.
crease since September 1,1873, of 327,958 bales.
The details of
the receipts for this week (as per telegraph) and for the corres¬ Ordinary
per lb.
13*®...
13*®....
13*®....
13*®....
Good Ordinary
15*®....
!5*®....
15*®....
15*®....
ponding weeks of the five previous years are as follows :
Strict Good Ordinary
16 7-16
16*@....
16*®....
16 7-16
to

The receipts of domestic produce since January 1,1874jand for
the same time 1873, have been as follows :

8£d.

favored

'

...

.

....

.

Low

Received this week at—

tfew

Orleans
Mobile
Charleston
Savannah.....
Texas

Tennessee, &c

Florida
North Carolina

Virginia....
Total this week
Total since Sept. 1

bales.

1874.

8,873
2,318
4,431
4.531
3, >65
9,809
112
531

1873.

28,981

1872.

1871.

1870.

4,467
D,137

18,976
1,755
2,029
4,63i
1,122
5,78 J

23,579
5,089
2,991
7,172
9,145
9,u95

19,251
4,041
2,655
6,181
5,986
3,733

38
503

2-28
6K

176
658

117
387

3,740

5,197

2,163

3.392
2,698
4,6:13

5,236

5,941

39,769

55,830

3,491,596

8,163,633

1869.

10,427
8,786
2,132
8,521
2,7i 6
4,495

16*®....
17*®....
19*®...

Good Middling

16*®....
17*®....
19*®....

Exp’t.

ula’n

121

780

505
200

88
548
99
537

2,052

44,574

28,967

Monday
Tuesday

2.093

2,533,175 3,512,692 2,483,867

1,906,125

Wednesday.....
Thursday

2,S‘<.9

Friday

1,596

80
533
56 L
866

Total

7,101

2,908

*455

Spec-

747
.

638

PBTOK8.

Tran¬
sit.

Saturday

63,042

1£*®....

17*®....

SALKS.

Consump.

1.501

33,931

‘

16*®....
17*®....
183*®....

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

48
851

The exports for the week ending this evening reach a total of
79,571 bales, of which 30,974 were to Great Britain, 16,744 to
France, and 2G.853 to rest of the Continent, while the stocks as
made up this evening, are now 514,844 bales. Below are the
exports and stocks for the week, and also for the corresponding
week of last season;




Middling

Middling

705

Good

Total.

1,252

Low

2,351
1,719
2,989

13*
13*
13*
13*
13*

2,999

13*

15*
15*

16*
16*
16*

....

....

....

1.^56

12,766

Mid

Ord’ry. Ord’ry. Midl’g. dllng
14*
11*
14*

16
16
16

17
17
17

15

17*
17*
17*
....

For forward delivery the sales (including — free on board)
hare reached during the week 101,600 bales (all low
middling or
on the basis of low
middling), and the

the sales and

prices;

following is

a statement

ot

1
0
.
..0000528100..: T17
April 18,1874.]

1.002
bales.
cts.
100 no not.
till Wth ..16 9-16
bales.
cts.
500 s. n.. ..169-16
10|>8 D
1(5 5-82
300
.16 9-16
200 8. n....l6 3-16
100.
Ifl 19-32
200 *. n....167-82
100s. n...
1(0 8. n
!6%
80J
200
16W
200
16 21-32
100
16 9-32
600
16 11-16
800 8. n..,.16 5-16 1
600
.16 23-32
1,100
16 5-16
....16%
100
16 11-32
800.'.
100
16 25*32
100 nonet,
100 no not.
till 15th....16%
till 20ih.l6 13 16
1 500
16%
100 8. n.,,.16 13-32

bales.

For April.

110 no not.
till 14th.. 16 7-16
1 500
16 7-16
1615-32
600.

4,300

"

1.200

7

64jJ

16 21-82
10,200....... 16 11-16
16 28-32
17,300

5.200.;

100
.16 17-32
100 no notice.

thlsweek.16 M6

2,900

40Uno not.
till 2lst...16 9-16

800

17-32

For June.
17 3-82
400....

1.900....
2.900....
4,900....

17 5-32

17 7-32

9,100....
5,000....

17%

17 5-16
700....
5.600.... ,...1711-32

11,000...

...17%

31,900 total June.

For July.
100,
i.....
17%
500.... ....1717-32
17
9-16
2,200....

1

1613-16
16 27-32

3.70J

..

•

2,<00

...

1,600

....

—■

11,400 total July.

I

17

200 V.

17 K
17%

200

5-16
17%
17 7-1

200

1.60Q total Oct.
For December.
100
16%

fallowing exchanges have been made daring the week:

pd. to exch, lOOMay for June.

The

tallowing will show the closing prices each day on the
uplands, for the several deliveries named:

baBis of low, middling
On

FrI.
16
16 5-16
16 11-16
17 7-32

spot..

April.
May.
June

17%
17%
17%
17%
113%

July.

Gold.
Sale* spot....

Sales future.

Frl.

Sat.

Mou.

Tues.

Wed.

Thurs.

16

16

16

1«%

16%

16%

16%

16 11-16
17 7-32
17 17-32
17 13-16

16
17
17
17

16 y-16
16 23-32
17 3-16

16 9-16
16 2(8-32
17 7-32

16%
17%

17%

17%

17 13-16
17 7-16

18
17 9-16

16%
11-16
5-32
17-32
13-16-

16
17
17
17
•

•

•

•

•

17

•

•

113%

•

•

21-32
3-16

9-16
21 32

•

•

•

•

•

•

•

•

•

•

113%

4 83

4.83

4.83

1,682
15,000

1,252

1.556

10,400

19,500

114
4.83

2,211
18,600

•17 19-32
17 11-32
17 1-16

113%
4.82%
1,7’9
19,300

•

•

•

■

16%
16 23-32

17%

113%

113%

4.8:1

2.989

4.88
2 999

14,900

23,400

Weather Reports by Telegraph.—Our telegrams to-night
indicate a continuation of rainy weather over a large portion of
the cotton States, and from many sections there are well founded

complaints of rain, the crop being backward, and plantation work
greatly interfered with by the wet weather. At Galveston it has
rained on one day, Thursday, hard, the rainfall being one and
sixty-four hundredths ot an inch; our correspondent complains
that they are having too much rain there.
It has raiued at New
Orleans on three days extremely heavy. At Nashville they have
had an unusually severe storm with rain on more than half the
days of the week heavily, and it is still threatening; planting
preparations are very backward. It has rained on three days at
Memphis; they are having too much rain. There have been
three days’ rain at Mobile in the latter part of the week, the
early part of the week being clear and pleasant; the rainfall has
been one and sixty one-hundredths of an inch ; planters are dis¬
pirited on account of the excessive rain, and less favorable crop
reports. It has also rained on three days at (Selma, and the rest
of the week has been cloudy; the rainfall has been two and
thirty-five hundredths of an inch. At Montgomery they have
also had rain on three days, the rainfall being one and eightythree liunlredths of an inch ; our correspondent complains of too
much rain. It has rained on two days at Columbus the latter
part of the week, the early part of the week being clear and
pleasant.
At Macon it has rained on one day. At Atlanta it
Las rained on three days very light, the rainfall being only
twenty-five hundredths of an inch. It has been warm and dry
at Savannah all the week, and at Augusta it has also been
pleasant until last night, when they had a heavy rain which was
much needed. The thermometer has averaged at Savannah, 71;
Macon, 6G ; Atlanta, 67 ; Montgomery, 68 ; Columbus, 67 ; Selma,
G3 ; Mobile, 64, and Galveston, 67.
Texas Cotton Planting.—We received by telegraph and
gave last week the Galveston Cotton Exchange report of cotton
acreage for this year. From another source (we are not at liberty
the state the source) we are in possession of one of the letters
written by a Texas planter and sent to the Galvesten committee
in answer to one ot their letters of inquiry sent out to the planter.
The writer has such an original and forcible way of expressing
himself, and his opinions are so in accordance with those ex¬
pressed in our editorial of last week that we think our readers
will be glad to see it.
After answering each question separately
he sums up thus: “ I will give you my opinion and you can take
it for what it is worth.
The farmers, white and black,
have been moping around like a discommoded setting hen,
not satisfied to raise cotton at present prices.
They are like the
Doy who stopped at the fork of a road, remained there all day
and night, deciding which road to take ; so it is with the farmers;
they are and have been deciding whether to raise cotton or noth¬
ing ; I think they will raise cotton at five cents a pound or die
in the attempt. One would meet about as good success preaching
to farmers not to raise so

as he would have met in 1860
Southern people to free their slaves

much cotton

and 1861 had he advised the
and acknowledge allegiance

to King Abraham.” That planter
evidently has an opinion and knows how to express it clearly.
Bombay Shipments.—According to our cable dispatch received
to-day, there have been 24,000 bales shipped from Bombay to Great
Britain the past week and 10,000 bales to the continent, while the
receipts at Bombay, during the same time have been 65,000
bales. The movement since the first of January is as follows.
These are the figures of W. Nicol & Co., of Bombay, and are
brought down to Thursday, April 16 :
,—Shlpments this week—,

1874
1873
1872

/-Shipments since Jan. 1-,

Great
Britain,

Continent.

Total.

Great
Britain,

24,000

10,000

34,000

28 000

1,000

29,000

279,000 170 000

291,000

Contlnent.

104,000

Total.

419.000
395,000

,—Receipts.—,
This
w«ek.

65,000

58,000

Since
Jan. I

660,000

543,000

9,000 32,000 325.000 159,000
23,000
484,000 30,000 549,000
From the foregoing it would appear that compared with last

of 5,000 bales this year in the week’s
shipments from Bombay to Europe, and that the total move¬

year there is an increase




ment since

January 1 shows

an

increase in shipments of 54,000

.

800 total Sept.
For October.

....1719-32

100.... ..,.17 21-52
4 300....
17%
■

.

bales compared with the corresponding period of 1873.
100.
17 25-&
Gunny Bags, Bagging, &c.—There has been some inquiry for
800
17 13-16
7U0
17 2T-S8
the past week; but the ideas.of buyers and sellers are aboutbags
800.
18
ic. apart, holders asking 13c. Cloth fiaff ruled quiet, as this is
2,000 total Aug.
not the season when dealers are willing to stock up, unless a
For September.
17 5-16
bargain is offered; We hear to-day that there has been a sale of
200
171'-42;
500 rolls and 500 half rolls domestic, at 12c. cash ; and we would
200.........177-ir
17 9-16
17% quote at the close 12@12i«* cash, . 12}@12£c. short time, and 13±@

41,700 total May

For May.
600
16 19-32

...16%

Tlie

16%

16,600 total April.

16 13-32

1,800

bales.
cts
For August.

eta.

soo....

408

13|c. for summer delivery. Borneo is held at 12^c., and native
9f@10c., witjh very small Bales of either kind. Jute butts have
been in steady fair demand for consumption, and the price is
firm; particularly for the best grades suitable for making bags

ing.andThdro
f&,
been sales
duringatthe
to-dayhave
600 bales
first grade,
2£c.week
cash.of 1,600 bales, at
Visible Supply

graph.—Below

of Cotton as

Made

up by

Cable and Tele¬

give our table of visible supply* as made up
by cable and telegraph to-night. The continental stocks are the
figures of last Saturday, but the totals for Great Britain and the
afloat for the Continent are this week’s returns, and consequently
brought down to Thursday evening; hence to make the totals the
Complete figures for tonight (April 17), we add, the item of
exports from the United States, including in it the exports of
we

Stock at Liverpool
Stock at Loudon
Total Great Britain stock

1674.

1873.

800,000
166,500

694,000

798,000

173,000

212,000

966,500

1,010,000

81,000
16,000

Stock at Marseilles
ISitock at Barcelona

11,750

867,000
167,000
15,000

01,750

75,000

Stock at

25,000

Stock at Havre

185.000

1872.

190,000
17,000

Stock at Bremen

31.500

Stock at Amsterdam

72,250
28,250

36,000
51,000
79,000
26,000

Stock at Antwerp
Stock at other continental ports

17,000

28,000

42,000

77,000

8,000
23,000
38,000

Total continental stocks

427,500

557,000

462,000
1.472,000
615,000

Hamburg

Stock at Rotterdam

Total European stocks.

18,000
71,000

1,394,000

1,424,500

India cotton afloat for Europe

832.000

407,000

American cotton afloat for

543,000
90,000
514,814
80,063
9,000

393,000

288,000

70,000

129,000
306,002
46,601
9,000

Europe

Egypt, Brazils, &c., afloat for Europe....
Stock in United States ports
Stock in United States interior ports

United States exports to-day

457,407
90,155

,

11,000

,

Total visible

2,865,603,
2,852,562
supply
2,962,907
above, the totals of American and other descriptions are as follows

Of the

American—

*

9,000
bales. 1,815,907

1,481,562

1,141,603

358,000

372.000

1(16,500
200,500
332,000
90,000

173,000
349,000
407,000

465,000
212,070
303,000
615,000

70,000

129,00C

1,147,000
1,815,907

1,371,000
1,481,562

1,724,000
1,141,603

..bales. 2,962,907
3%d
Liverpool

2,852,562
9%@9#d.

ll.^@ll*d.

United States stock
United States interior stocks.
United States expoits to-day.
Total American
East Indian, Brazil, Ac.—

Total visible supply
Price Middling Uplands,

333,000

322,000
208,000
393,000
457,407
90,155
11,000

442,000
227,000
543,000
514 844

80,063

159,000
288,000

306,002
46,601
9,000

2,865,114

These figures indicate an increase in the cotton in sight to¬
night of 110,345 bales as compared with the same date of 1873,
and an increase of^97,304 bales as compared with the correspondng date of 1872.
Movements of Cotton at the Interior Ports.—Below we

jive the movements of cotton at the interior ports—receipts and
ifiipmen's for the week, and stock to-night and for the correspond ng week of 1873 :

ending April 17,1874—* —Week ending April 18, 73.—»
Receipts. 8hipmentB. Stock. Receipts. Shipments. Stock.
964
1,014 13,477
2,444 16,464
1,357
842
226
313
834
6,649
8,165
187
255
5,575
1,050
8,416
1,099
406
927
260
387
1,981
6,638
..
'GO
383
493
415
2,828
3,930

—Week

Augusta..
Columbus.
Macon

Montgomery
Selma .lj...

Memphis.

3,241

5,382

40,101

6,527

8,541

Nashville

922

1,127

5,363

616

699

38,934
11,697

Total, old...

6,890

11,589

80,003

9,309

13,483

90,155

Shreveport....

647
290

714
438

1,958

2,270

2,519
4,754

325
580

310

1,295
4,261

2,818
1,805
10,989
12,797

3,641

1,354
2,798

7,108
1,551
5,015
12,039

6,493

8,475

28,409

6,504

6,732

25,713

20,064 108,472

15,813

Atlanta

St. Lonis
Cincinnati

Total,

....

new..

Total, all... 13,383’

20,215 115,8G8

The above totals show that the old interior stocks have decreased

during the week 4,699 bales, and are to-night 10,092 bales less
han at the same period last year. The receipts
aales less than the same week last year.
The

cotton this week from New York show a
compared with last week, the total reaching 4,791

exports of

decrease

as

have been 2,419

bales, against 7,834 bales last week,

Exports ol Cotton (bales) from New

Yorlt since Sept. 1, 1813

WEEK ENDING

BXPORTED to

Mch.

Apl.

At

Apl.

25.

Same
time

Total
to
date.

in the Leon.

prev.
year.

15.

341,165

9;305

6,819

2,846

345,703

Total to Gt. Britain

12,853

9,305

6,819

2,846

845,703

341,595

430

Havre
Other French ports

204

6,438
1,701

2,244

Total French

204

8,139

2,244

‘i35

Other ports

811

885

1,845

Total to N. Europe.

17,152

1,945

1,945

25,489

22,983

Total Spain, &c

•

14,698

Grand Total

25

•

4,648
1,188

25

25

BpaiiLOporto&Gibraltar&c
Ail others

4,791

7,834

10.215

2,647

2,741

2,672

2,741

382.003

369,563

....

....

the receipts of cotton at New York, Boston,
Philadelphia and Baltimore for the last week, and since Sept. 1/73:
The

following

and other cargo fetched 4,042f.
Araminta. bark (Br.), from Savannah for Liverpool, before reported at Ber¬
muda in distress, having been ashore, remained in port April 8, waiting
to go on the marine slip.
Et.tza Oulton.—Of the cargo (1,300 bales cotton) of the bark Eliza Oulton,
from Savannah for Malmo, stranded at Nyhamm, 200 bales were landed
in a dry state, the remainder wet.

are

follows

freights the past week have been as

Cotton
-

18,750
4,043
2,696

811

835
50

1,710

Hamburg

Schmellmg, from Savannah, put into Elsinore

April 9 damaged, having been ashore. She was repairing 11th.
Almira Goudy, bark (Br.), from Baltimore to Bremen, wrecked at Terschelling, so d at auction prior to March 27 for 8,620f.; some damaged cotton

12,853

Other British Ports

Ohio, str. (Ger), Van Emster, from New York March 25, for Bremen, put into
Falmouth. E.f April 8, with shaft broken.
Casilda.—About 100 bales of cotton, ex ship Casilda, from New York for
Liverpool, which put into (Cadiz, leaky, would go forward to Liverpool
Ludwig Heyn, ship (Ger.),

Liverpool

Bremen and Hanover

[April 18, 1874,

CHRONICLE

THE

404

Liverpool.

/

,

Sail.

Steam.
d.

Saturday. 5-16®—
Monday.. .5-16®....
Tuesday.. .5-16®....
Wedn’aay.5-16®
Thursday .9-32®....
Friday... .9-32®.. .

:

/—Havre. —, /—Bremen.—,/— Hamburg.
Sail.
Steam.
Steam. Sail. Steam. Sail.

,

d.

c.

c.

X®..
X®..
x®..

1
1

X
X
X
X
X
X

1
1

7-32®*
7-32®*

.

.

c.

c.

x®.
x@..
X®..

.*■

x®..
x®.

X®..

*comp.
X corap.
Xcomp.
Xcomp.
Xcomp.
X comp.

c.

c.

1®..
1®..

X
X
X
X
X
X

1®
1®..
1®..
1®..
•

17—3.80 P. M,— By Cable from Liver¬

Liverpool, April

pool—The market opened and closed strong to-day. Sales of
the day were 15,000 bales, of which 3,000 bales were for export
and speculation. Of to-day's sales 9,000 bales were
The weekly movement is given as follows:
Mch. 27.
Apl. 17 «
Apl. 10.
Apl. 2.
53,000
93,000
51,000
Sales of the week
bales. 94,000
9.000
5,000
13,000
8,000
of which exporters took
3,000
9,000
5,000
of which speculators took
11,000

American.

.

eeoe’ts fromThis

Since

Sept. 1.

week.
New Orleans..

6,229

79,521

425

38,839
126,023
5,212

TflTA.ll

PHILAPELP’IA

BOSTON.

NEW YORK.

Septl.

This
Since
week. Septl.

28.281

2,785

Since

This
week.
....

....

This
week.
•

Since

Septl.
....

•

1,832

5,69S
38,442
7,110

430

BALTIMORE.

90

167

8,805

12,923

Savannah
Mobile
Florida
S’th Carolina.
N’th Carolina.

1,358

Virginia

3,298

119,345
21,852
235,719

946
9.203
9

9,291
162,900
1,279

Total this year

24,430

799,998

5 885

263,942

768

33,400

1,983 98,080

Total last year.

14,754

720.673

9,908 274,159

730

41,542

1,712 84,912

•

•

•

642

North’rn Ports

Tennessee, &c
Foreign

17

•

2,320

1,528

•

....

....

467

17,892

•

•

....

.

....

347

....

1,291 67,815
1,694 77,090
275 21,582

.

•

.

...

.

331

•

6,752

....

32

....

....

....

....

13,226

•

•

•

•

•

•

•

•

•

•

8
586

7,639
14,870
1,222 57,989
•

•

•

•

•

447

•

4,212

•

....

....

•

...

reached

last Friday, except Galveston, and the figures for that port
the exports for two weeks back. With regard to New York,
we include the manifests of all vessels cleared up to Wednesday

icle
are

night of this week :

Adriatic, 1,651.... City of Paris,

1.069.. .Abyssinia, 126
To Amsterdam, Der bark

Homeward Bound, 1,945
New Orleans—To Liverpool, per steamers State of Louisiana, 2,488
Expounder, 3.944
Vicksburg, 3.974
per ships Ryerson, 4,520
and 10 bags Sea Island. ..Advice,4.104... per bark Racer, 2,334..
To Cork, per ship Hypatia, 2,500
per bark Christiana, 1,379
To Havre, per s-hips Gold Hunter, 3.918
Eddystone, 3,253
per
barks Lete, 1,041....Nathaniel, 1,615
To Bremen, per bark Jonathan Chase, 1,972
To Cronstadt. per bark Imperator, 1,778
Bravo, 1,338
To Barcelona, per barks Maypo, 500
Alina, 445
Mobile—To Liverpool, per ship Her Majesty, 3,870
per bark Mon¬
archy, 1,974
:
To Cork or Falmouth, per ship George Hurlbut, 3,150
per bark
Gustave Adolph. 880
To Havre, per barks J. L. Dimmick, 3,170....Jane Stewart, 579
To Cronstadt, per ship Oweero, 2,7*0
Charleston—To Liverpool, per bark Jardine Bros., 1,788 Upland, and
9 Sea Island

.

...Runer,

To Norrkjoping, per ship Robena, 2,465 Upland
To Barcelona, per brig Joven Ana, 593 Upland
Texas—To Liverpool, per str. Charles Batters, 2,251.. per
Charlotte Geddie, 1,420 ...Mary Mark, 881
Atalanta, 570
To Cork for orders per ship Jupiter. 3,433
To Havre, per barks Yarmouth. 1,968
Ada Barton, 1,704./.
To Bremen, per ba k Grev. Manderstrom, 885
Norfolk—To Amsterdam, per bark Duke of Wellington, 2,105.
Baltimore
To Liverpool, per bark Bergenseren, 296
Boston—To Liverpool, per steamer Atlas, 910
To St. Domingo, per schooner Mary Baker, 9
Philadelphia—To Liverpool, per steamer Pennsylvania, 956

barks
...

..

11,000

8,000
455,000
248,000

304,000

.328,000

8*®.,
8*@.

493,000
258.000

8*®....
ex®...

8*®8*
8*®8X

...

...

Thurs.

Wed.

Tnes.

Mon.

Sat.
Mid. Uplands. 8*®....
Mid. Orleans.. 8*®....

the ween
Fri.
8*®
ex®....
*

8*®....
8X®

..

...

reference to these market^
correspondent in London, writing under the date of A.pril

European Cotton Markets.—In
our

4, states:
Liverpool, April 2.—The following a re the prices of middling
qualities of cotton, compared with those of last year:
Good &
Same date 1873—
g’d fair—»
Fine.—,
Mid. Fair. Good
Sea Island
16
18
21
23
28
38
18
21
32
Florida do
15
19
20
16
18
20
23
17
24
L.Mid.
G.Mid.
Ord. G.Ord.
Mid.
Mid. F. Mid. G.Mid.
M.F.
9
5-16
7
11-16
9X
8X
8*
8X
7X
Upland... 6X
9X
7 13-16 8 3-16
9X
8X
8X
Mobile..., 6X
7*
10*
7
15-16
8
5-16
7
9X
9X
7-16
8X
N.O& Tex 6X
Ord.A Mid—,

.

export have been :

,-Taken

9,827

1.972
3,116

945

5,844
4,030

American....
Brazilian....

2.757
2.465
593

....

particulars of those shipments, arranged in our usual form

1873.
baies

35,665
6,063

33,081
1,387

120,750

9,990
29,270
412,6C0

1,450
4,020

52,590
26.230

1 676

426

520

2,910

3,813

22,410

151,140

74,754

3,272
34,566

4,650

India, &c.
600
India, &c. 22,130

18,880

591,490
72,732
121,976
349,340
63,160
79,550
The following statement shows the sales and imports of cotton
tor the week and year, and also the stocks on hand Thursday

Total

evening last:

.

S ales th is week

Ex-

Specula

8myrna & Greek |
West Indian..
East Indian...

.

.

6,250
37,490

This
week.
.

...

Egyptian
Smyrna & Gr’k
W. Indian
East Indian...

3,850

550

5,680

-j

1874.

1873.

37,960

93,980

6.860

35,690
6,790
6,540

93,120
80,800
1.140

26,000
252,990

£9,099
25,223
8,617

1874.

760,698

111.412

720

140.791
115,525
1.311

4,165

15,154

121,489
6,665
19,848

74,415

100,323

5,900
86,180
3,740 1 1,660
32,970 i
206,700 11,710

943,850 64,090

2,230

11,100
62,35o

-Stocks.-

,

Total.

This

1873.

day.

1,871,991

382.120

468,070
309,739
16,102
113,041

108,0.30
114,190
2,170

757,603
3,536,5-16

97,824 1,108,094 1,097,003

Total

1873.

525,260

170

To this
date
1873.
937.266

Average

weekly sales

year.

5,020 50,530 1,029,050
8,020
Imports.
To this
date

Same

period

570.000

1,450
12,480

J
....

Total
this

,

t—

American
Brazilian

90

J

...

—^

320

4,060

o«n

.

—

-

Total.
28.310
4.270

tion.

Trade. port
American.. bales. 22,250 2,000
Brazilian
GO
3,640
Egyptian

Total

92,190

1873.
bales.

34,730

5,122
3,433

2,105
296
910
9
956

1874.
bales.

3 410

3,749
2,750
1,797

1872.
bales.
116.470

1873.
bales.

48,760

Egyptian. &c.
W.
E.

.

Actual
Liv., Hull &> other exp’tfrom
U.K.im
outports to date—,

/—Actual exp. from

to this date—.

on spec,

1874.
bales.

1,945

31,367
3,879

transactions on specula

Since the commencement ol the year the
tion and for

3,672
885

Total

The

110,000

table will show the dally closing prices of cotton for

The following

2,846

1,120
3,800

bark Reval, 1,120 Upland

Savannah—To Liverpool, per ship Alfred, 3,800 Upland
To Cronstait, per barks Seudemanden, 1,330 Upland
1,427 Upland

are as

..

Total bales.

New York—To Liverpool, per steamers

-

98,000
59,000
11,000
490,000

..

442,000
47,000
31,000

140.000

'

,—Fair &

Shipping News.—The exports of cotton from the United States
the past week, as per latest mail returns, have
92,190
hales. So far as the Southern ports are concerned, these are the
■ameexports reported by telegraph,and published in The Chron¬

To Amsterdam, per

382.000

..

800,000

a38,000
461,000

751,000

.701,000
.347,000
67,000
51,000
10,000

Total stock
of which American
Total import of the week
of which American
Actual export
Amount afloat
of which American

>

Same
date
1873.
306.070
52.760

Dec. 31.
1873.

148,690
62,510

77,830

132,020

80,380
7,000 1
8,190 j
190,910

281.8C0

750,950

645,310

592,960

12,420

j- 22,130

follows:
Bre-A mater- Crons- Norr- Barce-

Liver¬
New York
New Orleans...
Mobile
Charleston
Savannah
Texas
Norfolk
Baltimore
Boston

pool. Cork. Havre. men. dam. stadt. kjoping.lona. Total.
4.791
2,8-16
1,945
945
41,106
21,367 3,879 9,827 1,972
3,116
16.373
5.814 4,030 3,749
2,750
1,797
2,917
1,120
593
3,800
2,757 2,465
9,615
13.112
885
5,122 3,433 3,672
2,105
2,105
296
296

BREADSTUPFS.

-

...

..

...

...

•

•

Friday P. M..

....

®

April 17, 1874.

....

....

There has been

a more

active market for flour during the past

though no important
There has been a very large
export demand, and several thousand barrels of shipping extras*
919
910
956
part for arrival, have been sold at $6 50® 6 75, with some as low
95b
Philadelphia...
as $6 40, and some at $6 90@$7.
The bakers and family brands
Total
42.938 11,312 17,248 2,857 5,170 8,623 2.465 1,533
92,190
have been more active, but while some of the Minnesota brands
Included in the above totals are from Boston 9 bales to St. Domingo.
have brought more money, and it has been found necessary to
Below we give all news received, during the week, of disasters
shade prices for Southern and St. Louis flours from winter wheats,
to vessels carrying cotton from United States ports :
L’Amerique, str., (Fr.l, from New York April 4, with 204 bales cotton, sunk in order to move them to the desired extent.
A speculation in
near the Island of Ushant, off the coast of Brittany, on the 14th.
Konio Wilhelm I., str. (Ger.), from New York for Bremen, which was stranded rye flour has caused a further advance in prices, and corn meal
at Nieuwe DiepNov. 26, had been driven close to the Downs in a gale
is higher but not active at the advance. To-day shipping grades
March 20, and it was supposed that she must haye become leaky.




•

...

...

.

•

«...

.

....

...

....

....

.

•

week, and prices have improved a little,
advance

can

be made in

quotations.

•

....

....

....

....

....

....

....

.

April 18,1874.

dock sold at $6 50, good
$6 70, and several thousand barrels choice Wisconsin

10c. higher ; common extras on the

were

lines at

sold for arrival at $7.
The wheat market has been

more

405

CHRONICLE!

THE

active, and prices have lat¬

Shipments of Flour and Gram from tne ports of Chicago,
Milwaukee Toledo, Detroit, Cleveland, St Louis and Duluth,
for the week ending April 11, 1874, and from January 1 to

April 11:
Flour, Wheat, Corn,
Oats,
Barley,
bush.
bush.
Weekending—
bbls.
bush.
bush.
748,591
225,086
30,461
April 11, 1874.... ..
108,367
518,741
254,347
April 4, 1874
97,609
554,379
385,172
89,661
179,395 114,466
Corresp’ng week 1873 122,111
293,258
855,413
42.714
Corresp’ng week 1872 81,532
144.225
643,541
291,498
194,274
92,410
28,744
Corresp'ng week 1871
939,794
853,079
104,788
13,191
Corresp’ng week 1870
50375
491,750
759,081
Total Jan. to date... 1,592,010 9,154.163 3,531,268 2,628,499
985,452
Same time 1873
1,501,891 2,311,920 4,035,354 2.774,415 1,157,771
Same time 1872
934,780
868,671 6,809,180 1.853,232 676,959
-840,587 2,966,548 6,866,256
789,908 237,667
Same time 1871

bush.

terly had an advancing tendency. The supply is limited on the
8,911
5,360
spot, and late sales include No. 2 Milwaukee, at $1 62@1 63 in
12,476
store and afloat; No. 1 spring, $1 64@1 67; No. 2 Chicago and
17,404
16,896
North'West, at $1 58@1 60 afloat; red winter Western, at $1 65;
8,560
and Amber do., $1 70@1 72£, But the most important feature of
176,184
113,091
the business of the week had been in sales to arrive, which have
247.557
been mainly of No. 2 Milwaukee, at $1 58 tor April, $1 56@1 57
70,141
for the first half of May, and $1 55 for all May.
The receipts of RBCEIPTS OF FLOUR AND GRAIN AT SEABOARD PORTS FOR THE
WEEK ENDING APRIL 11, AND FROM JANUARY 1 TO APRIL 11.
wheat at the Western market continue free, and the prospect is
Flour, Wheat,
Corn,
Oats,
Barley,
Rye»
good for liberal supplies on the reopening of the Erie canal. To¬
At
bbls.
bush.
bush.
bush.
bush.
bush.
day, there were futher sales of No. 2 Milwaukee, on the canal, at New York
79,022
290,890
742,400 165.500
19,400
6.530
26,293
51,925
80,841
92,651
4,700
536
$1 58, with No. 1 do., on the spot, at $1 67 in store ; and No. 2 Boston
Portland
12,500
5,000
20,500
500
850
3,500
Montreal
8.410
3,550
3.250
400
Chicago, afloat, at $1 59.
18,903
59,100
93,500
84,700
2,500
1,680
Indian corn has been in brisk request for export at higher Philadelphia
Baltimore
22,974
279,500
10,130
17,530
30,080
*
152,880
84,951
....
prices, which, with the higher ocean freights and the decline in New Orleans
Total
193,182
428,015
414,682
1.369,627
27,500
9,586
gold, had yesterday the effect of checking the demand, when the
Previous week
184,497
499,342 1,093,765
83,659 10.627
360,307
leading prices were 89(®91c. for fair to prime new mixed, and WeekMch. 28
157,039
429,690
658,488
328,415
86,175
11,940
WeekMch. 21
360,252
187,999
414,110
703,213
34,682
18,800
91@92c. for old mixed. There has been a good business in white Week
Mch. 14.
171,375
512,295
439,183
32 350
259,633
20,580
Western corn, mostly in the range of 88@91|c., as in quality. Cor. week,’78..'
180,879
200,130
825,415
58,962
428,545
1.655
629,823 865,679
Corn for arrival has also brought more money—prime old mixed Total Jan. 1 to date..3,019,429 10.624,172 10,685,501 2,920,419
Same time 1873
2,159,185 2,283,875 7,100,382 5,180,470
850,221
80,286
sold early in the week at 87c. for May and 90c. for April, but yes¬ Same time 1872
1,777,994 1,458,685 11.468,481 3,377,166
870,883
53,382
Same time 1871
1,748,368 2,228,579 6,061,039 1,856,038
369,774 37.S18
terday brought 90c. for May and 91c. for April. The receipts at
the West continue to be in excess of the corresponding period
The Visible Supply of Grain, including the stocks in
last year, but with the large calls upon those markets, for granary at the principal points of accumulation at lake and
seaboard ports, in transit by rail and frozen in in transit on the
domestic consumption as well as for export, the visible supply is
New York canals, was, on April 15,1874:
quite moderate for this stage of the season. To-day the market
Oats;
Barley,
Wheat,
Corn,
bush.
bush.
hush.
bush.
was easier at 90c. for prime new, and 91c. for prime old mixed
440,787
128,882
In store
.

,

....

...

at New York

afloat.

Rye has advanced, with sales of several boatloads of State to ar¬
rive at $1 13@1 14. Barley has been moderately active at steady
prices. The Sales include the Hungarian and two rowed State, at
$1 50 ; Canada West, at $1 75^1 80 ; German, at $1 80@1 85; and
French, at $1 85(3)1 90. Oats have been very irregular, and the
movement

ried

A combination of holders

somewhat restricted.

car¬

prices of choice white oats up to 67<®68c., and prime mixed

brought 64J@65c., but yesterday prices gave way materially
under a freer movement inland.
To-day, the market was again
lower, closing at 63c. for prime mixed, and 65c. for prime
white.
The

following

No. 2

$ bbl.,$5 25® 5 75

Superfine State and West¬
6

10® 6 35
6 65® 7 10

ern

Extra State, Ac
Western Spring

Wheat

6 50® 7
do double extras
7 10® 8
do winter wheat extras
and double extras
7 00®10
extras

00
50

Wheat—No.3

spring,bush.$1 52® 1 65

RECEIPTS AT NEW YORK.

-

,

1874.
*
Same
Since .time Jan.
For the
week.
Jan. 1.
1, 1873.
,

*
,

C. meal. “
Wheat, ous.
.

85,337
4,683

,

LAKE AND RIVER PORTS FOR THE WEEK ENDING

11,

AND FROM AUGU8T
Flour.

Wheat
bush.

bbls.
(196lbs.) (601bs.)

Chicago

..

Milwaukee
Toledo
Detroit
Cleveland
St. Louis

7,950

3,565*
21,915

Total
Same
Same
Same
*

101.768

M.
’70.

93,107

Estimated.




25,290
227,685
27,191

26,365
128,866

88,371

953,351

964,927

938,627
331,548
215,156
498,658
321,434

1,138,078
775,955

Aug. 1 to date. 4,442,393 60,154,583
.

Rye.

bush*
(66 lbs.) (821bs.)(481bs.) (56 lie.)
12,715
13,066
530,030 196,559
bnsb.

19,920

4,790

88,255
11,250
34,560

7,404

182,394
632,938
522,474
330,914

350

2,100
19,611

6,040

“

“

85’l39

490

9,500

8,193
18,000
85,337
9,850

15,000
61,487

134,006
1,318

1,S73

18,368

483

50,000
35,000

12,500

199.588

80,461

25,428
300,000

80,000

•

.

•

•

•

•

•

«

576,016
668.729

709,099

775,615
827,842

Estimated.

THE

DRY GOODS TRADE.
Friday. P. M..

April 17, 1874.

The market has been very

984,778

269.014

715,691
534,626

128,628

308,286

with them, as the consumers are not in a
position to buy freely, and are disposed generally to limit their
purchases to actual necessities.
There has been no weather thus far this spring that was calcu¬
lated to develop much activity in the retail branches, and outside
of the large cities the distribution of spring and summer fabrics
has been very light. Even in this market the retailers have not
bad an average business, still there has been considerable trade
done, and the aggregate traffic of the season is likely to be satis¬
very prosperous one

factory.
The finances of the

trade

•...

....

,

6,085

1,519,407
1,445,477

112,721

’72.

time 1872-73
time 1871-72..
time 1870-71..

Barley

36,792,532 18,573,433 5,718,001
3,905,645 31,344,192 40,754,783 17,341,867 8,197,021
3,743.782 32,493,481 39,275,344 19,030,293 5,881,161
4,160,118 33,508,060 20,852,474 14,048,153 4,988,587

*

(4

Oats.

bnsb.

25,191
25,286
24,357
15,465
27,063

Uorresp’Lg week ,’73.
44

280,571
418,569
89,537
56,239
28,710
79,725

1 TO APRIL 11.

Corn.
bnsb.

46,970
43,416
143,105
47,793
33,066
36.988

115.483
110,815

Total
Previous week...
n

31,627
43,801
6,675

•*

17,310
179,918
22,769

,

.

APRIL

887,757
83,200

86,000

,

,

.

RECEIPTS AT

693

quiet since our last, and as the trade
has settled down into the usual sorting-up demand of the closing
months of a season, there is very little to note in connection
with any department. The jobbers from the West and South¬
west are purchasing supplies of the more staple fabrics with some
freedom, and are filling the wants of the retailers in their sections; hence there has been but little inquiry from the small
EXPORTS FROM NEW YORK.
dealers in the more remote sections, and the business has been
1874.
1873.
For the Since For*the
Since largely of a package character. The near-by sections do not buy
Jan. 1.
week. Jan. 1.
week.
30,498 644,563 30,324
327.184 very freely as yet, and it is not expected that the season will be a

1,129,443
691,185
86,168
6,641
50.436
73,090
6,214
50,702
305,380 7,827,300 1,124,580 287,932 7,616,268 80,069 1,077,781
Corn,
“
8,313,273
729.200 4,372,138 1,454,373 411,415 3,389,090 116,561
Rye,
“
6,700
2,173
220,945
37,114
291,454
....
1,004
Barley,Ac..
19.253
441,586
414,588
....
32,614
Oats
41,141
2,241
8,530
134,150 2,277,449 2,179,5:38
1,520
The following tables show the Grain in sight and the move¬
ment of Breadstuffs to the latest mail dates:

Flour, bbls.

“

1 65® 1 70
1 72® 1 75
1 70® 1 90

91
86®
88®
91
88®
91
25
City shipping extras.
Southern, white
90®
93
6 85® 7 25
Rye
1 10® 1 15
City trade and family
brands
8 75®10 00 Oats—Black
69®
60
Southern bakers’ and fa¬
Mixed
63
61®
White
63®
65
mily brands
8 25® 10 25
Southern shipp’gextras.. 7 25® 8 00 Barley—Western
1 60® 1 70
Canada
1
West
75® 1 80
Rye flour, superfine.. ... 5 50® 6 00
State
1 50® 1 70
Corn meal—Western, Ac. 4 00® 4 40
Corn meal—Br’wine, Ac. 4 65® 4 75 Peas—Canada
1 06® 1 30
The movement in breadstuffs at this market has been as follows:
..

*

‘

33,500

11,544,579 6,486,458 2.380,771
6,219,409 2,364.854
4, ’74.11,343,861
Mch. 28,’74.11,297,240
6,075,202 2,403,838
Mch. 28,’74.11,504,865
6,155,884 2,424,707
Apl. 12. ’73 . 7,400,001 11,783,415 3,779,760

1 57® 1 64

1 t>5® 1 68

17,500
5,327
3,130,597 3,167.824
2,436.924
160,291
93,508
556,580
614.479
237,218
37,665
290,000
130,000
189.480
275,718
35,701
64,083
850
707,329 v
594.772
1 30,382
165,000
125,000
r 67,122
378,989
711,331
327,468
36,520
162,867
1,000,000
750,000

transitApl.

.

No. 2 spring
No. 1 spring
Red Western
Amber do
White
Corn-Western mixed
White Western
Yellow Western

181,721

22.500

York canals

"

“

Grain

Flour.

Amount on New

Total
Total in store* in

the closing quotations :

are

906.772

In store at Albany
Instore at Buffalo
In *t,ore at Chicago
In store at Milwaukee
In store at Duluth
In store at Toledo.
In store at Detroit
In store at Oswego*
In store at St. Louis
In store at Boston
In store at Toronto
In store at Montreal
In store at Philadelphia*....
In store at Baltimore*
Rail shipments
Lake shipments

12,837

2,374,810
1,289,909

are

in

an

unchanged state, and the

generally steady, there being no immediate pressure to
of goods.
Domestic Woolen Goods.—There has been a good inquiry
for worsted dress fabrics and some other light effects in woolens*
but the general market has lacked animation, and goods for
men’s wear are especially quiet and depressed. The tailoring
trade are purchasing moderately of fancy cassimeres and coat¬
ings, and there is also some little call for heavy weight goods for
the wants of clothiers in the West. The demands from this
source, however, has been far below what was to be expected at
market is
sell

on

the trade in any line

his season

of tlie year, and

there iB, at present, no

Bleached Sheetings

prospect of

do
do
do
do
do

Goods.—There is a moderate demand for plain dress
effects, and the market is without particular change. Importers
have offered concessions to effect sales, but without inducing a
FOREIGN

houses are placing fair
light sorting up business.
Dress goods are principally in request, and silks sell moderately
in some styles, which are offered low, but as a rule are rathe

1873

,

....9-4
...10-4

36
86

.30

9

36

16
13
16

Hope
Howe
Ind. Orch.AA.
do
H dw

36
86
36
36

12*
do
CC...
12* ) King Phillip .
10*
do cainb.

34

12*
10*

36

Bartletts
Bates

doBB
Bay Mills

36

....

Blackst’neAA 36
Boott B
36
-

do
do
-do
do
do
do

,

C
E
R

33
36
28

,S
W
X.

36

42
46

7-8

Cabot
do

36

do

9-8

S6

X.. 86

do

Clinton CCC.. 36
C..... 36
do
Davol
4-4

£-4
Dwight 1).... 40
do

do
do
do

,

do

..

42

do .. 45
cambr. 36
36
Elmwood..
Fruit of the
‘

..

>

do

do

12*

17
18

....

17

17
23
16

17*
25

.5-4
6-4
8-4
,9-4
10-4

27*
42*
45
50
18

Nonp.. 36

11*
15*

42

....6-4
....8-4
....9-4
10-4

21

.9-8
86
36

21

do OXX.
do OHH
do

18
40
45

27*
32*

37*

..

Wamsutta.

14*

18
18
24
9

.

.

.

5-4

Washington.. 33
36
Wauregan

11*
11
16
18

.

*8**°
10*

hvy.. 36

do
do
do
do
do

12*

10-4

9

10*

WalthamX... 33

12*

Newmarket C 36
do
A 36
do
W 86
N.y. Mills.. 36
Peabody
36
Pepperell.. ..6-4

16
18
16
18

10
8

35

ex

do
do
do
do
do

8*
15*

15
14

Star.. 36

do

13
20

9-4

12*

,

45

....

Utica
do

Maeonville/.. 36
Masconomet. 36
10
do
.. 38
16
Maxwell
36
22* Nashua E.... 36
do
23
5-4
do

do

37*

20

19

8
10
14

....

3*2*

....

42

hAdo

35
*
Slaterville.... 36
do
33
Social C
33
do L
36
Suffolk A
36
do L
36
Thorndike B. 36
Tuscarora XX 36

14
15
18
30

10

8*

do

12*
14*
12*

GB.. 36

19

Standard

12
13
11

36

io*

Reynolds AA. 36

is"

36

13

....

Lyman camb.. 36
Lin wood
36

6*

27

Chapman fine

11
10

Laconia.. ....8-4
do
9-4
11*
do
10-4
16
Lonsdale
36
do Cambric 36
17
11* Lawrence S.. 36
12* Langdon
42
16*
do
46
do

....

9

36

40
45

....

10*

33

35

..

.

11
10
9
13

10
7*

5-4

do
Canoe

...8-4
...9-4
do
..10-4
do
..11-4
do
Pocasset Can. ..
do
F. 30
FF. 36
do
Pride of West 36
Red Bank.... 36
do
33

13*

HallowellQ.. 36
do
E..
Harris
Hill’s S. Idem
do

36

do

i

1874

.

do
do

17
30
35
40
15

Ballou & Son. .36

goods both from first and second hands. There lias been consid¬
erable irregularity in a jobbing way, as prices in some of the
leading brands have been shaded a fraction for the purpose of
producing a more liberal distribution, but the attempt has not
been altogether successful. The stocks of cottons are accumu¬
lating in first hands, and there is a growing lack of confidence in
the future of prices. At present holders are able to contol the
market readily enough, but with any material accumulation
there would naturally be a weakening on the part of some of the
less confident houses, and a decline would be likely to become
eneral. Very few quotable changes have been made in values
uring the past week, and the market is nomitially steady at the
close. Prints sell very well and are firm on all good styles.
The importations of dry goods at this port for the week ending
April 16, 1874, and the corresponding weeks of 1873 and 1872
have been as follows :
ENTERED JOB CONSUMPTION POB THE WEEK ENDING APRIL 16, 1874.
,

do

Auburn

Goods.—There has been a moderate distri¬
staple descriptions of brown and bleached

1878

13*

AA 36
....8-4

Spin¬
..

32*

ArkwrightWT 36

Domestic Cotton

the more

-

do

liberal inquiry. The auction
and the jobbers are doing a

bution of

..

.

and Shirtings*
12*
‘equot....
36

dle
36
Gold Medal..4-4
33
do
Green. G
36
Gr’t Falls Q.. 36
do
S...31
do
M.. 33
do
A.. 32

16
17
21

..

...

1 Gem of the

9

Z.. 33
4*
46
6-4
.10-4

Androscog’nL 36

amounts,

quiet.

13# I Forestdale

Amoskeag A. 86

Flannels remain quiet, and
particular. In other classes

early improvement in the traffic.
are without notable change in any
of woolens there is nothing to note.

an

very

(April 18,1874.

■THE CHRONICLE

406

16-i7

do camb.
White Rock.. 36
..

do
33
Pkgs. Value.
22*
Pkgs, Value.
15
Loom
36
...7-4
27* Wessac’mc’n.B36
047 $417,288
611 $230,492
do
13*
do
do
H33
30
.8-4
do
cotton.. 1,757
- 509.559
1,749
570,597
856
279,507
do
19
::
QO
.9-4
32* Warren AA.. 36
633,418
899,990
do
silk
729
637
460,485 •> 564
do
22
6—4
.do
do
37* Williamsville. 39
do
flax1,271
323,748 0
1,046
358,882 1,467
163,897 1
27
..6-4
do
42*
do
Miscellaneous dry goods
3,647
232,680 1
914
213,690 7,485
18
107,832 1
100s 36
do
22*
| Pequot
5-4
Total
8,604 $2,155,818
5,884 $2,020,942 10,983 $1,190,208 [ FranklinMfgCo36
Prints.
WITHDRAWN PROM WAREHOUSE AND THROWN INTO THE -MARKET DURING THE
Oriental shirting.

Value.

Pkgs.

Manufactures Of

wool.... 1,200

>456,413

12
13
10

10* Whitinsville., 36

,

11*

8

;

10
17

18

J-.

'

$253,714

132,770
175,484
100.811

624
791
255
634

goods. 1,394

44,390

3,211

$709,818

Addent’dforconsumpt’n 8,604

2,155,818

silk

do
do

flax

Miscellaneous dry

Total

Total thrown upon

580
525
160
552

$256,333

cotton..

do
do
do

silk
flax

dry goods.

M icellaneous

226.925
259.990

475
118

148.883

589

127,330

8,723

82,881

3,875

63,071

11.027

$972,393

5.803

5,884 2,020,942

10,983

$773,089
1,190,208

Total

764
764
447
447
380
180
822
822
298
298

$331,392
$331,392

2,511
8,604

$907,893
2,155.818

951

130.133
130.133

202.861
202.861

179,211
179,211
64,296
64,296

vVe annex

396
437

$413,761
$413,761

951
965
965
.318
318
760
760
505

307,452
307,452
293,877
293,877
193,529
193,529

67
291
291

- 71,438
71,438

7,170
7,170

3,499 $1,280,057
5,884
2,020,942

8,361
10,983

9,383 $3,300,999

19,344

505

154,503
47,569
70,328

437
67

-

manufacture our

7

$538,427
1.190,208

and Shirtings*

Width. Price.
11*
Adriatic
36
8*
Agawam F... 36
8*
Alabama. ... 86
8*
Albion A
36
12
Atlantic A... 37
10
do D.... 37
11*
do H.
36

Width. Price.
Indian nead.. 36
11*
8
Ind’n Orch.W 30

Width.

..

do

do

BB.
C.
A.
d’w
do.
O...

9
10

33
36

Pepperell... 10-4

do
....11-4
do
....12-4
do E fine. 39
do R
36
do O
33
doN
30

do

Price
35
40
45

11*
10*
9*

9

Bristol fancies...
Cocheco L
,
do
robes ....

9*
10
11

pinks ....
purples...

10*
8*
9*

shirtings.
fancy

Conestoga fancies

9*

Dunnell’s

9*

do
do

Freeman
do

10
10
8
9
9

purples

checks.

fancies

.

ruby....
Swiss do.

Peabody solid....

9*
9*
8*
9*

Richmond’s

h’rcord.

purples.

Q,kr sty

10*
10*
9

Sprague’s froc’s..

10*

10*
9*
9

10*

do

reds

10*

do’

purples.,

10*

do
do

pinks....

10
10*

10

10*

do

10
10

do
do
do
do
do

solids....
fancies
chnzrbs.
blue&wh
robes....

9*
10*
11
10*

shirting.
Jup strps
mourning

8*
9
9

9*

8*
9*
10*
9*

*

9*

..

do
Wamsutta.....

11

7

..

9* Washington rbes.
do grn stripes
8* I

10*
10

pinks....

9*
9*

buffs..
frock....
h’rcord..
checks...
Oriental
do
robes....
do
do
do
do

9*

10*
19*

purples

10*

do F pk&pur
do
G
do
shirtgs
do
robes..

Mallory

9*

frocks..
dbl pnk
Simpson mourn..
Solid blacks

Manchester
do
robes.
Merrimac D fey.

9

Carleton mourn’g

8

10

do
Swiss....
do
ruby&bk
do
solcbks.
do
grn<feoge.
do
palm . ..
do
c&r pi’ks
Miners shirt’s....

8*
7*
8*

purples

•

do
do
do
do

of leading articles of domes
prices quoted being those of leaaing jobbers:

Brown Sheetings

cheviot...

shirtings.
Amoskeag.,

few particulars

a

9*

pink

9*

do
do
do
do

8
10*
10*

do
buffs
Pacific Mills

9

shirt’gs.
Hartel’s fancies..

10

do

81,992

do
do
do

9*

checks....

do

shirting

S*

.

9*

suiting....

do
do

do

10*

Allens’fancies...

$181,035

396

purple.,
.robes...

do mourning,
do
shirting
Hamilton.
do
checks

8*
9*

fancy

do
do

do
do

Gloucester

1ft*

do
robes....
Anchor shirt’s
Albion solid

DURING SAME PERIOD.

ai tha port 11,115 $3,063,711

T -tal entered

100.766

16,786 $1,963,29-;

m’k’t. 11,815 $2,865,636 16,911 $2,993,335

ENTERED POR WAREHOUSING

Manufactures of wool....

$344,437
137,495

746

Garner’s fancies.,

Ancona fancy.. .9*-U*
do Jap. strip’s
9
....
do oil colors..
American
9*
do
gn & ogn
10
do
pnk chk8 10*

SAME PERIOD.

Manufactures of wool....
cotton..
do

..

9

|
j
I

j

I

9

dopad’dfan.

do
fancies
do fan & choc
do Swiss rub.
do green&or.
do T’rkey red
do palm robe
do purples...
do pink

10*
11
10*

10*
10
10*

10*
10*
10*
10*

9*
36
do
11*
do
10*
do
36
9*
12*
frocks...
do
8
11
do
16
10
do
40
purple... 10*
do
pinks...
do
rubies....'- 10*
46
12*
10* Pequot A....: 36
9*
Laconia
9
do
37
purples..
do P
do
B
40
14*
B
36
do
10*
10
Ticking*.
do L flue 36
lu
do ...... .9-4
36
87*
do
I
8
do LL... 36
24
I Omega 0
16
25
Cordis ACE... 32
do
10-4
30
42*
Amosk’g
AC
A
..9-4
do
11*
24
No. 1. 32
Appleton
A.. 36
do
I Omega B
20
21
.
A
do
Pittsfield
A.
,36
35
.10-4
8*
do
9*
do
N.. 33
do
A...
24
21
I
No. 2.
do
18
.do
B
do
12
Pocaset
39
40
Canoe
.11-4
10*
19
Augnsta
36
No. 3.
I
do ACA... 30
24
do
16
.
.
C
do
Portsmouth
A
.36
8*
36
9
Laurel D
11*
do
30
do
do
36
27
15
No. 4.
do
..
D
14*
do
do
P 30
11
6*
Lawrence D.. 36
7
do
A.... 27
.do
medal..
..
38
13
No. 5.
do
E.
13*
6
r
do
do
27
8
B
S.. 36
do
23*
Pearl Rive.*
12
Amoskeag. .. 36
No. 6.
do
22
10
do
awning
12
Saranac fine O 36
XX 36
do
io”
do
45
Pemberton A A ..
21*
11
No.
7.
do
22
R 36
do
11
LL. 36
do
36
9-9*
Algodon
do
49
17*
do
B
17
-13
Easton
13
do
B
7-8
do
E 36
J.. 36
do
22
12*
do
60
do
E
15
30
12
Hampden
CC..
8*
11
Stark A
36
10
Albany...,.
Y. 36
do
9
do
Bars
22
Broadway. ... 36
11
BB..
do
22
do B
36
10* BcaverCreek.. ..
17
7
Langdon GB.4-4
Bedford R... 30
21
Pittsfield
TRA
27
do
I
6
Swift
River..
38
Conestoga
A
p.
..
11
11*
Langley
36
Swift River, r.. ..
11
B mtt S
40
19
26
Hamilton reg..
B p..7-8
do
Suffolk A
36
8*
11
48
36
do W
15* Lyman C
Thorndike A.. ..
12*
16
23
do
D.
do
A p.7-4
36
TremontCC..
8*
do
E
36
12
il*
do FF
36
do
12*
C
27*
22* Lewiston A... 36
16 '
do
ex...4-4
9
Utica
86
do
T
36
11
Cabot A
36
Willow Br’k No 1
22*
23
A.... 32
do
19
ex.. 7-8
17 ,*•
do
do heavy.. 40
Mass.
29
12
J
8*
Continental C 36
Whitt,entonXXX.
25
21
30
do
20
do Gld mdl
t A
25 1
9
48
do
do
E
33
8
do
A.
16
Conestoga D. 28
22*
Methuen AA..
18
do CT.. 36
do
58
do
BB.
36
9
9-9*
do
G.. 30
SO
13
17
do awning. ..27V-30 York
do
CCA ..
40
11
do
M
40
do
,.
10
76
do
S.. 33
do
32 22*
14
7-8
25
Minnehaha...
do
‘
AA
.7-8
45
11
do
66
do
standard
36
11
W. 36
do
do
30
....4-4
21
50
Cordis AAA., 32
96
do
Maxwell
40
11
17*
Crescent
36
do
Non
40
Cotton
Sail
Buck.
Medford
36
8
10*
30
Dwight X.
13
USA Standard 28* in
10* Waltham F... 36
32
8* Mystic River. 36
do"
Y.... 33
Woodberry, Drnid Mills No. 8
8oz. 24
do
.5-4
do
16*
13*
30
9* Masconomet., 40
No. 9.
do
Z.... 36
and Fleetwing.
30
9 oz. 26
do
..9-4
do
do
36
11*
10*
do
ZZ... 40
No. 0
46
lOoz. 28
do
....10-4
do
10
32*
11* Nashua fine O 33
do
Star.. 36
Light
duck—
No. 1
44
12 oz. 33
do
11—4
do
do
R.... 36
37* No. 2
11*
13
Bear (8oz.) 29 in..
do
do
40
20
42
40
15oz.
13
Warren A.... 40
do
do
E.... 36
14*
16
do
do
do
46
heavy(9oz.)...
23No. 3
40
17
18
do
AA
40
Ontario twls. 29 in. 20
do
W
48
10
Mont.Ravens29in.,
22
Exeter A .... 36
38
No. 4..
8 ’
35
do
36 in. 25
....9-4
do
Waterford W. 30
10
do
40in... 30
Great Falls M 36
No. 5....
36
9
40
BB. 33
Ex twl«“Po]hem’s” 15
.10-4
do
do
9
do
Ontario
and
S 33
Woodberry
36
No. 6..
10 ‘
do
C.. 36
Stark (10 oz.) .. .. 25
9*
do
E 36
11* Newmarket A 36
34
No.7...
11
40
A.
do
D
36
do
11*
10*
Harrisburg A. 36
Checks.
do
d’w. 36
13
36
9*
do
B. 30
9* Nevada A.
18
Star. No. 1200....
13
I Lewiston A
Caledonia,No.7..
26
Wachusett..
11*
20
10
Pacific
extra..
36
It*
Indian Head.7-8
Union Mills,No.l8
16
Kennebeck
I
do
Columbia,
30
No.
70
7-4
9*
18
32*
12*
do
48
Pepperell..
Wamsutta.No.800
13
Nolan’s
extra
15
Far.& Min, No. 5
40
do
do
8-4
27*
15
do




..

.

-

..

..

.

..

,

...

,

,

,

....

....

....

..

.

.

.

....

..

..

..

..

...

....

.....

-

...

..

..

■

..

..

..

..

...

..

...

,

40

..

do

..

..

..

9-4

30

do

48

18

Jas. Long, No. 10

12*

|

Park Mills,No.50

13

| York 1

17

April 18, 1874.]

THE CHRONICLE

GENEBil.

GUNNIES.—See report under Cotton.
.GUNPOWDER—

PRICES CURRENT.

Shipping # 25 ft keg
Min. & Blasting

ASHESPot..

BREADSTCJFFS—Seespeclal report.
BUILDING MATERIALS—
Bricks—Common hard, afloat

3 73

@

14 00

@ 16

Philadelphia.

28 50

@ 80

Cement— Rosendaie
Lime— Rockland, common

@
@

Rockland, finishing

Lumber— Southern pine
36 30
White pine box boards
23 00 @28
White pine merchan. box boards. 24 00 @ 80
Clear pine
65 00 @ 75
Oak and ash
50 00 @60
Blackwalnut
100 Ou •'@130
Spruce boards* planks
24 00 @ 26
Hemlock boards * planks
13 no @20

3dfine

5 50

@

6

6 25

@

Cut spikes, all sizes
4 25 @
Paints—Lead,white,Am, pure, in oil
...@
Lead, wh., Amer., pure dry
10 @
Zinc, wh.,Amer. dry. No. 1
8 @
Zinc, wh.. Amer., No.1. in oil
11%@
Paris white. English, prime
2% @

Single dairies entire
“
Welsh tubs, per invoice “
Do. single dairies

"
“

CHEESE—
State factory, fair to fan
State dairy, common to fair

’§%

29

@

3-2

29

@

31

15

@
@

17

5 22%@

....

5 SO

•

@ 20 00

gold.

25
“23
20

..gold.

..gold.

27

Sheathing, new (over 12 oz;
Braziers’(over 16 oz.)

@
....@

35
33
35

Ingot

2i;Y@

24%

CostaRica

gold.
gold.

Domingo
Savanilla

krgols,refined

Arsenic, powdered
Bicarb, soda, Newcastle

“

potash, Scotch
“
Bleaching powder
“
**
Brimstone,crude
Brimstone, Am. roll
V®.
Camphor, refined
Castor oil, K.I.in bond, # gal..gold.
**

Caustic soda
Chlorate potash

44

“
44

Cochineal,Honduras..
CoehinAhl. Mexican
Cream tartar

"

Cubebs, East India

“

“
"
...

cur.
cur.

.gold.
:.....

gold
“

17
2 50

gold.

Prusslate potash,yellow

@

30%@
5 00

@

2*%@

52 @
52 @
85%@
8 @
4%@
5%@

gold

of lead, white
Vitriol, blue,common

2

31
1 00
5

12%
29
58

# ft

7

6

@
&

16

@

6 25

@

33
@

&
@

68 @
2 !8%@

....

i 36 00 @ 40 00

Store Pt'lces, each.

160 00 @162 50

gold
“
-..

Raspberries
Cherries, pitted...
Plums




26

00
17%
5%
00
00

6%

SO
28

@

25%@

“

27%

@

....

37

&
@

36%

34

@

42
70

@
@
@

50
5ft

good to prime

# gal.

2 75

@

Spirits turpentine
V gall. ....
Rosin com. to good strain’d # bbl. 2 55

@

15

@

©

11 %@

10 @

1*%^

i’oo
„

”74
2 50

3 00
2 70

“

pale

“

extra

4 50
5 50

&
@

14

@

pale

Sicily

•

5 20
2 10

11%
8

14
13

11 @
10 @

23 @

25

17%@
3* ©
24 @
-17 ©

32
28
20

6%@

#

.

18
82
29

10%
43 00

...

44 :o

44 00

13
96
41
85

(a

@
@
.@

f

•

84

45
15
98

@

70

whiter

# ft.

10%@

14
6

2*

thy
1

Hemp, foreign
@
Flaxseed, rough
2 50 @
Linseed,Calcutta # 56ftgold (time). 2 70 @

87%

2 80

SILK—

ft ft

Tsatlee, No.3 chop
Tsatlee, re-reeled.
Taysaam, Nos. 1 & 2
Canton, re-reeled No. 1

7
6
6
5

00
i:0
00
25

7
6
7
5

@
@
@
@

25
25
00
50

@
&

7%
11

16

15* @

9%

9%e

Naptha, bbls

6%@

Foreign..
Western

SPICESdo

.

16 75

.

,

$ ft

19 00

m 50
12 50
20 00

a 16
& li

P7%
37%

a 19 50
a 12 00
@ 13 50
@ 24 00

10%^
10

11%

@ 10 5-15

Rangoon.in bond

choice
Louisiana, fair to prime

gold. 3 50 @

7%^

<%©

do
Calcutta.............
Mace

11 %@
1 18 @

Nutmegs, Batavia and Penang
Pimento, Jamaica

1 15 @

St. Martins

Uverpodi,yVrioufl sorts

VX

gold.
@ 15 00

SPIRITS—

» gaP.
"
“
**

St. Croix, 3d proof—
Gin,Swan and Swallow

& W

cur.

“

Whiskey

42%

&
@

17

Bfcfady, foreign brands
Rum—Jam., 4th proof

1 28

12%@

Cloves
do
sterna,...-.*

Domestic liquors—Cash,
Alcohol (88 per ct) C.

25”

12%@

■'Ginger African

3 85
8 75
3 45

@

S 15

@

3 35

1 85
96

@
@

1 87%

5 50
8 55

....

17 @
9%@

English, cast,2d*1st quality
ft
English, spring,2d & 1st quality
English blister, 2d* 1st quality..—

American
American
American
American
American
SUGAR—

blister

14

do
do
do
do

6

fair to good grocery

to choiod grocery
centr.hhds. * hxs, No. 8 to 13
Molasses, bbds * bx§.
pr.

9

# ft

x

.

18

,qNominal.
@

50

68
'26

@
@
@

65
(10
31
48
95

21

@
@
@

88

55

?3
.63
1 f5
66

crop)

8 55
9

8%

@
©

80

V®

¥ sack. 1 90 @

3 00

5

@

25
70

@
@
@

47

in
5_!

f;'
-5

Pulled

California. Spring ClipFine. unwashed

^

Merino unwashed.....

medium....

;............

Com.b’lk& bgs. # lm.
Wheat,bulk* bags..
# tee.

Pork............ V bbl,

40

(?Ji

fO

@
@
@
@

53
f.0

5u
S3
35
30
22
32
99
?5
33
18

@
@
@
@

•••••

gold
ptxa m.~—1
s d. s. d-

f~'

.

25

&

@
@

8%

V ft,gold,net

# bbl.
goods. .# ton.

6%
9
50
7
40
10

@

unwashed

Smyrna, unwashed

■Rpef

@

@
@

15

American,Combing
Extra,Pulled

Heavy

5

7
18

9 (-0

•

WOOL—
American XX
American. Nos. I & 2

Flour

@

20

bright work.

•••

50

@ 10

10 25
9 GO

Manufac’d,in"bond, black work

ToLivxrpool:
Cotton
# ft-

24%

.

fillers.’72.

ZSheet

00
27

•20% ^

Pennsylvania wrappers. ’71
Havana, com. to fine.

Texas,

30
38
53

«•••..@

& Mass.,
wrprs. ’72.
“

Cape Good Hope,
Texas, fine.

@

@

33

Plates.char.Tcrne

“

S3
63
98
1 33
43
68
1 00
1 35
30
58
85
22
26

43
63

..

C.charcoal

Seed leaf, Conn.

7%
50
90

'^5

,

TOBACCO—
,
Kentucky lu<rs,heavy (new
“
leaf,
“

8%

no

80

«".'/■

Common
South Am.

9%

@

1 13

TJTanca

No. 1,

8%@

35
53

Imperial. Com. to fair
,'.o
Sun. to fine
do
Extrnfine toflnest
nyson Skin. & Twan.. com. to fair.
do
do
8up.to fine
do
do
Kx. fine to finest..
Unco’ored Japan,Com.to lair..
do
Snp’rtotlnc
do
Ex.fine to Angst
Oolong, Common to talr,,,,
do
Superior to fine
do
Kx fine to finqst
do
Choicest.... .

Btraits
English
Plates. T.

9%
9%
9%

43
70
1 10

'.

8%

7%

9%@
9%@9%@

25
S3
63
80

cur.

Souc.A Cong.. Com. to fair
do
Sun’rto fine
do
Ex. fine to finest

10%
7%
8%
6%

7%@

choicest

do

10

10%@
10% @

8

Hyson,Common to fair
do
Superior to fire
do
Extra fine to finest
Young Hyson. Com. to fair
I do
8uper.to fine
do
Ex. fine to finest
do
Choicest
Gunpowder, Com to fair
do
Sup.to fine,
do Ex. fine to finest

8Y
9%

@

7%@

Yellow
do
Other Yellow

„

2*

*

6%@

A

„

6%

6Y@
10%@

powdered
—
Soft white, A standard centrif...

.

8%
8%

7%@

do

.

'8%

9Y@
9%@

Hard, granulated

TALLOWAmerican# ft

7%
7%

4 @
6%@
7%@
8%@

Melado
Hav’a, Box,D. S. Nos. 7 to 9
do
do
--do 10 to 12...
do
do
do 18 to 15
do
do
do 16 to 18
do
do *19 to 20
do
do
do
white
Porto Rico,refining, com. to prime,
do
grocery, fair to choice..
Brazil,
Nos.
hags.
S.
8 to 12
PT^ D.
O
XT
Ulta 1‘)
V
Java, do. D.S., N03.10 to 12

crushed

@

6%@
7%@
7V@
7%@
S%@
8%@

prime, reflulne...;:.

TEA-

17
11
12

@

lt%@

machinery
German spring

do
do
off
White extra C

10%
18%
11%

@
@

....

cast.spring.

EeHned—Hard,’

’21

@

Tool

cast,

Cuba,inf.to com. refining
do fair to good refining

Oil

8A.LT-

TnrksIsland...

30 @
...@
25 @

white
Vera

FREIGHTSJEtrCE

21%

@

-Oassla, ChinaLlgnea
do

20

...@

Pepper, Sumatra:
do
Singapore

Medium

PROVISIONS-

6%

7%S

.»

1 00
72
63
1 70
90
1
85

7%©

Crude in shipping order.
Refined, standard white.

r.arollna. fair to

••

13%

8 @

* •

pickled

19%

44

PETROLEUM—
Crude,in bulk

Hams,

50

@

18%@
17 %'S)
3ft. @
38 @

gold

Lard

B*

19 @

.

12%

7%

9
25
90

Ml

26%

13

12

2 10

...# ft.

Pork, prime mess city...
Beef, plain, new
Beef, extra mess, new...

6

bush. 1 00 @
2 65 @

15

••••

5

45
65
00
90
00
25

@

It

Whale,bleached winter....,

Whale, Northern
Sperm, crude
Sperm, bleached

2

16%@

Shelled
Princess

OAKUM
oilcakeClty, bag

2
4

7% a
9 ©

Tarragona
Ivica

Cottonseed, crude
Olive, in casks # gall
Linseed, casks and bbls..

17

27
22
13
18

@
@

@

0!L8—

13%
11%
10%

26 @
20 @
9 @

@

No. 1
No. 2

do
do
do
do

72

3 00 @
3 00 @

Aimonds, Languedoc

1 45

S6
28

33 @
20 @

83 @

peanuts. Virginia
do
Wilmington, new

‘‘.35

Clover, Western

a

36 @
...

Pecans..,

10%

Vcase. 7 00 @
cur.
25%@
13 @
H ©

"Western
do
....
Peaches, pared, pr. Ga., new.. ......
do
do. North Carolina;....
do. Virgin!a
do.
do
unpared,halves* quarters

Blackberries.,

00

6%@
6%@
8%@
9 @

27 @

“

Hickory nuts

“3%

....@

H%@

..

Apples, Southern,sliced, 1873crop..

.

‘is

85 00 @
32 00 © 83 00
28 00 @ 80 00

Barcelona
Brazil nuts, new
Walnuts, Bordeaux
do
Naples
do
Grenoble

7

13%@
5%@
....©

STEEL—

45

“

8

20

• ••

quarters

_

do

@
@ —
11 @
11%
8 15 @ 3 25
6 @
6%
28
27 41
«...

do
do

82
25

@
@
@
@

40
3S
68

NUTS—
Filberts,

19%@

2 35
13

Dates

do
do

15
18

Porto Rico

35%
8%

28

5 no <9

Raisins,Seeaiess...
do
Layer, new
Sultana
do
do
Valencia
Loose Muscatel, new
do
Currants, new
Citron, Leghorn
Prunes, Turkish

sliced

13%
13%

@

9

Western

State,

13
11
11
14
17

English Islands

“

FRUIT—'

do
do
do

‘i4

...

...

NAVAL STORES—
Tar, Washington
Tar, Wilmington
Pitch, city

55

3 75 @ 5 75
23 00 @ 24 00
17 00 @ 20 Oft
Mackerel,No. I, Halifax
Mackerel, No. 1, Bay, late catch..., 18 00 @ 19 00
16 00 & 16 50
Mackerel,No.2, shore
15 00 @ 15 50
Mackerel,No. 2, Halifax
Mackerel,No.2, Bay
14 50 @ !5 GO

Sardines, V hi. box,
Sardine*, # nr box
Macaroni, Italian,..,'
Domestic Pried—

is

1.1 %@
16 @
@

“

-

George’s & Grand Bank cod
Mackerel, No. 1, shore

Canton Ginger.

25

20
19
15

-

Demerara
N.Orleans

62%

FISH—

FLAXNorth River

10
...

_

Oak. rough
Texas, crop

36%

gold 1 62%@

fi-igar

,

“

Heralock.Buen, A’res, h.,ra.*l.cur.
“
California, h., m. & 1.. •*
“
Orinoco, Ac.,, li., m.& 1. “
“
rough
"
Slaughter crop
**

32
6

22
30

21
25
29
25

Quinine
2 50
35
Rhubarb, China,good to pr....# ft.
Sal soda,Newcastle,
Shellac
Soda ash

...

Cuba, centrifugal and mixed, new..
Cuba Muscovado, new refining t<F
grocery grades,

1 35

gold

Quicksilver

18

...# ft

Bar
Sheet and pipe

22

—& 37 0J
3 @

2%@

Opium,Turkey,In bond

...

"
“

Ordinary, foreign

@
@

135

Ginseng,Southern

Madder,French
Nutgalls, blue Aleppo.
Oil vitriol (66 degrees)

...

Cuba, clayed, new

3)i@
16 @
25 @
5%@
5 25

Bi chro.

Jalap
Lac dye, good* fine
Licorice paste,Calabria
Licorice paste,Sicily
Madder, Dutch

...

“
“

25%

@
@
@
@
&
@
&
@
@
@
&
@

...

‘

26

MOLA88ES—

....gold.
“
"

Outch
Gambler.;
Ginseng, Western

‘25

LEATHER-

COTTON—See special report.
DRUGS * DYES—

Alum, lump
Argols,crude

26%@
21%@
25 %@
25

“
“
••

Domestic

COPPER—
Bolts

27

LEAD—

24%
23
19
24
23

St

&

100 00 @185
Hoop
11U0U @155
Sheet, Russia, as to assort
16%@
gold.
Sheet, single, double & treble, com.
4%@
Rails, new, English
gold 55 00 @ 57
Rails new,American....
60 00 @ 65

24%

22
18
20
21

gold.*
gold.

5%

Scroll

21%
-2 %

@
@

..

»*
•*

Bar, Swedes, ordinary sizes

....

bags

26

*•

Pig,American,No. 1
Pig, American.No.‘2
Pig, American Forge
Pig, Scotch

...

4 60

COFFKE-

Java, mats and
Native Ceylon
Maracaibo
Laguayra

gold
“

Cropol 1873
Crop of 1872
Crop of 1871
Crop of 1870
IRON-

# lb

gold
**

SPELTER-

Calcutta, buffalo

14%

Kloordinarycargoes.60@90days.gld.
i» @
do fair,
do
gold.
20%@
do good,
do
.gold. • 21%@
do prime,
do
gold.
22 @

7*'@
3%@

HOPS-

4 22%@ 4 25
..1100 @

7,000 tons chestnut
Liverpool gas cannel.
Liverpool house cannel

“

Para
**
California
"
Texas
cur.
E. I. stock—Calcutta Blaught... gold
Calcutta, dead green

2X

COAL-

25.000 tons stove

00
00
00
00
10

••

Wet Salted—Buenos Ayres

12

34
34

4 82%@

nominal.

Chill
Pernambnco
MatamoraB
Bahia

US

@
@

4 50 @
4 52%@

285 00

•»

Dry Salted—Maracaibo

Auctlon sale of Scranton, March 25:

7,000 tons steamboat
15,000 tons grate
6,000 tons egg

@28C
@120
@23ft
@290

gold.225 00
«•

1 00

@

’85 30
115 00

Montevideo
Corrientes
Rio Grande
Orinoco
California
Maracaibo
Bahia

29
29

12

95

4

Dry—Buenos Ayres

.

BUTTER—
Firkins, per invc’e (N.Y., N.J.&Pa.)

4 25
3 75

HIDE8-

•

4

River.shipping

ltaliau
Manila
Sisal
Jute

1
l

3 87% @

@

Russia, clean

& 1
@88

Nails—10@60d.com, fen & sh.# keg
Clinch, 1 to 3 in. & longer

@

HEMP—
American dressed
American undressed

8

Croton

.;

SALTPETRE—
Refined, pure
Crude
Nitrate soda.,
SEED—-

HAYNorth

6%@

...

407

9-32^

3 0

...

40 0 @45 0
©••••

10V@...
7 6 <a...

53 »....

8%

&
SAIL

,

d.
7-32 @
2 3 &
26 3 A
(ct
8.

....

8%@
8
5 0

36

@
®

8.

30 0

>

d.

[April 18, 1874.

THE CHRONICLE

408

Railroad

Commercial Cards.

Irvine K.

Chase,

M. K.

BUYER)

COTTON

59

STREET,

LIBERTY

REFERENCE.—First National

Bank, Nashville.

McAlister & Wheless,

Cars, etc.
11 business
J. H. WILSON,

COMMISSION MERCHANTS,
NASHVILLE, TENNESSEE.

No. 70 WILLIAM ST..

SODA

SALE RATES,

Slip, New York.

No. 11 Old

10

MERCHANTS

Steel

66#

( OR LI

Fox Sc Co.’s

Hong: Kong,

STEEL RAILS.

BESSEMER

York.

Shanghai, Foochow Sc

Canton, China.

L. N. LOVELL.

BORDEN.

Lovell,

Borden &

EDWARD KING, President.
J. M. McLEAN, First Vice-President.
WM. WHITE WRIGHT, Jr.,
Second Vice-President.

NEGOTIATED.

RAILROAD SECURITIES
WM.

MERCHANTS,

COMMISSION

EXECUTIVE COMMITTEE:

Samuel Willets.
Wm. Whitewright, Jr.,
Geo. Cabot Ward,
Wm. Butler Duncan,
J. H. OGILVIE, Secretary.

J. M. MoLkan.
B. H. Hutton,
E. B. Wesley,
G. G. Williams,

MERCHANTS,

COMMISSION

AND

Represented by

104 Wall

*

Brinckerhoff, Turner
&

Co.,

Company.

Cheney Brothers,

Between John

Tin &
TIN,

LEAD,

Thos.

Street, New York.

W. H. FOSTER,

COPPER,
SPELTER, TIN,

MERCHANTS

Commercial Warehouse
COMPANY.

CIVIL

78

{ GeneraI Partners

& SODA FABRIK.
Special Partner.

Serrell,

ENGINEER,

Broadway, New York.

RAILROADS, BRIDGES
.

and Boston.

BANKERS
Sc
MERCHANTS.
BANKING OFFICE, 29 WILLIAM STREET,
Corner Exchange Place.
WAREHOUSES, ATLANTIC DOCK, BROOKLYN
CASH ADVANCES made on FIRST-CLASS SECU¬
RITIES on demand and time.
CASH ADVANCES made on all kinds of MER¬
CHANDISE stored in our own WAREHOUSES, on
FAVORABLE TERMS.
PAUL J. ARMOUR, President.
JOSE F. NAVARRO. Vice-President.
JOHN BAIRD, 2d Vice-President.
FELICIANO LATASA. 8d Vice-President.
Paul J. Armour, Wm. D. Bowerman, C. H. Delamater
Jose F.Navarro, Feliciano Latasa,
Juan J. Jova.
John Baird,
Henry B. Hyde.
Thomas Murnhy.
JAMES CLYNE, Secretary.
WILLIAM TOBIN, Sup’t of Warehouses.
AUGUSTUS J. BROWN.

WALSTON H. BROWN.

Aug. J. Brown & Son,
59 Liberty Street,

LEAD.
BISMUTH, Sec,

Edward W.

&c., &c.

WTM. PICK1IARDT.
?rot1D,.ol
ADOLF KUTTROFF,

Capital, $2,000,000.

New York.

RAILS,

CHEMICALS, COLORS, DYESTUFFS,
Street, New York.

President.

BANKERS,

Iron,

NICKEL,

IN




J. Pope & Bro.
Pig

AND

BAD1SCHE AN1LIN

COPPER,

BRASS AND WIRE.

292 Pearl

IMPORTERS

Branch Offices In Philadelphia

ZINC,

SHEET

IRON,

MANUFACTURERS OF

Pickhardt&Kuttroft

No. 23 Cedar

SHEET IRON,

RUSSIA

Spelter, Solder, Antimony, Scc.

New York.

,

AND KINDS.

:

STREET,

Deposits and Trust

Funds.

IN

CHARCOAL AND COMMON SHEET

COPPER,

Ac

New York.

Roofing Plates,

OF ALL SIZES

Hartford and South Manchester, Conn.

COMMISSION

STREET,

and Fulton,

#1,000,000.

JOHN T. BANKER. Secretary.

IMPORTERS AND DEALERS

SILK MANUFACTURERS,

SALESROOM

BROADWAY,

CAPITAL,,

PHELPS,DODGE &Co

PIG

Wm

229

ST., New York.

Street.

Buane

Indemnity Co.,

Pay Interest on

supply all Widths and Colors always in stock.

BROOME

No.

Cash

Also, Agents
States Bunting

YORK

Opposite the New Post Office.

RIVER IRON WORKS CO.’S
Nails, Bands, Hoops and Rods,

CLIFF

1NG, BAGGING. RAVENS DUCK, SAIL TWINES
&C. « ONTARIO” SEAMLESS BAGS,
“AWNING STRIPES.”

477

Loan &

AND

n

FELTING DUCK, CAR COVER.

No. 142

COALS,

CUMBERLAND

And all kinds of

A full

Mining Co.’s

Borden

70 and 71 WEST

COTTONS AILDUCK

United

NEW

FALL

Manufacturers and Dealers

COTTON CANVAS,

THE

General Agents

Co., of China,
St., New York.

OLYPHANT Sc

DOLLARS.
Bonds.

Invested in United States Government
OFFICERS:

in the United States for

liS,

& Co.,

Olyphant

CAPITAL:

ONE MILLION

Sole Agents

New

Street.

Pine

Corner of Rector Street.

Iron Rails.

and

Company

YORK,

BROADWAY,

73

Samuel
.

Union Trust
OF NEW

REPRESENTED BY

W

Thos. W. Ludlow,
Hamilton Fish,
George T. Strong.
Wm. B. Astor.
John Q. Jones, •
Robert Ray,
Meredith Howland,
Mosen TayJor.
Henry Chauncey,
John Taylor Johnston,
William E. Lodge, Jr.
Wm. H. Aspinwall,
Henry Parish,
James Colles,
J. J. Astor,
Jas. P. Kernochan,
a. Roosevelt,
James
Wm. C. Schermerhorn,
Josenli Battel1,
Lorl’d Spencer,
Frederic W. Stevens,
Robert jLi. Kennedy,
Charles G. Thompson.
HENRY PARISH, Piesidenj.
TH' 'MAS W. LUDLOW, Vice-President.
JOSEPH R. KKARNY, Secretary.
WM. MEIKLEHAM, Assistant Secretary.

Japan.

Yokohama and Hiogo,

E.

YORK.

Cornhlll, E. C., London.

Smith, Baker & Co.,
COMMISSION

Securities of all kinds.

PINE STREET, NEW

31

Trade ONLY Supplied.

and Insures Lives.

2RUSTEES.

Heyerdahl, Schonberg & Co.,

AND

De¬

in Suit.

tees, and Money

NEW YORK.

RAILWAYS,
Negotiate Loans and sell

Per Cent. Interest on

Grants Annuities

Build, Managb and Equip

Report upon,,

4

Agents tor the

posits, payable alter ten days’ notice.
Legal Depository for Executors, Trus¬

WALNUT STS., BT. LOUIS, MO

COR. FOURTH &

MANUFACTURERS OF

The Jobbing

Owners.

Allows

or.

Otherwise.

Manages Property as

Pres. St.L.& S.E.R’way.

Gen.,U.S.A.

Winslow & Wilson,

.John Dwight & Co.,
of

KDWARD F. WINSLOW.

-

Late Bt. Maj.

SUPER-CARBONATE

connected with Railways*

.

Created by Will

Trust

Accepts

and undertake

COTTON

Special attention given to Spinners’ orders. Corre¬
spondence solicited.
References.—Third and Four h National Banks,
and Proprietors of The Chronicle.

CHARTERED IN 1830.

Locomotives)

Steel Ralls,

STREET.

WALL

52

No.

Contract for

Iron or

COMPANY,

TRUST

Railroad Cos.

AND

INSURANCE

LIFE

MERCHANTS,

Negotiate
Bonds and Loans for

Nashville, Tennessee.

The New York

Jesup & Company,

BANKERS AND

COMMISSION

Financial.

Material, &c.

—

VIADUCTS.”
—O

-

Hf“ Particular attention given to the
of Public Works for capitalists seeking

examination
investments

GIVEN TO THE NEGOTIA

TION OF

RAILROAD

SECURITIES.

Davidson &

Jones,

BANKERS,

AND 'EXPLORATIONS

“SERPELL’S PATENT WROUGHT
IRON

SPECIAL ATTENTION

59

and 61

Wall Street,'

BUY AND SELL STOCKS, GOLD AND GOVERN¬
MENT SECURITIES ON COMMISSION.
Stocks carried on margin. Deposits received, sub¬
ject to check at sight, on which 4 per cent interest
ftllAWAd.