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HUNT'S MERCHANTS' MAGAZINE..
REPRESENTING THE COMMERCIAL AND INDUSTRIAL INTERESTS OF THE UXITED STATES
VOL.
NEW
26.
YORK, APRIL
Financial.
Financial.
National Bank-Note
(ISCORPOR.\TED NOVBMBKH,
1
WAUL
STREET,
1TKI13
BxaBAVINO ASD PBraTDJO OF
B1NK-S0TE5. STATE AND RAILROAD BONDS.
POSTAOE AND RETEXUE STAMPS,
CfcRTIFICATES, DRAFTS. TSILZZ OP KXOHANaE,
AND COMJIERCIAL PAPERS,
to the highest style of the art with special
.1.
H.
Lours
Confniin ieatlona may b« addretsed to thit
G^tnpttni/ in any language.
ANTWEnr, Prcs't.
MATDONOl OH, Vlcc.rres'U
A. I>. SHEPARD, Treasurer.
H. VAN
POTTKB, Prest.
Secretair]r.
Sisi'L PU1LLIP9, CMhIer.
Maverick National Bank,
•nrplus.
Special attention gircn to COLLECTION'S, and
prompt remittances made on day of payment.
Boston business paper discounted. Correspondence
Invited.
&
R. A. Lancaster
!VE%V
YOBK,
Flrst>€Iass InTcstnient Securities.
OOVEKN.MENT BONDS. STATE, CITV, COUNXr,
RAILROAD & MISCELLANEOIS SECUIilTIKS
Bought and Sold on Commission,
Ttrginla Tax-BeceitabU Coupons Bought.
&
N. PiTTY.
CIC.)
A
8. B.
Petty
13
Co.,
LSVEbTMENT SECURITIES.
Special attention to business of coontry banks.
BOSTWIOK,
HEW OBLEANS,
No. 16 WTall Street.
Transact a general banking and brokerage business
In Railway shares and bonds, Qorernment Securities
and Gola.
Interest allowel on deposits.
Investments carefully attended to.
MILLS, Presldout.
Ban Francisco Exchanges.
Correspondence solicited.
VIcePres't.
Cashier.
BANKERS,
AGENTS FOR THE BANK 0¥ CALIfOKNIA,
No. 12 Flue St., New York.
Receive deposits and transact a general hanking
huduess execute orders at the N. Y'.fctock Exchange
for Stocks, Government, State, Municipal and Railroa Bond.^ and Gold.
;
1
YORK,
in Pearl
n().STON.
70 State Stiect.
Street.
&
Co.,
Particular attention elven lotbepnr*
chase and sale or minins; Stocks In Sam
Francisco, fur whlcb ne liave tbe best
racllitles; also
C0RBE9POXDKNT3 OF
International Rank «r Hamburg and
lioudon, (L,iniUcd.)
HOUSE IN EUROPE,
JOHN OERENBERG, GOSSLER & CO
Hatch
BANKERS,
&
No. 12
Foote,
WALL STREET,
BUY AND BKLL
AND
STBEET,
TiSANSACT A GENERAL BANKING BUSINESS.
STOCKS. BOUGHT AND SOLD ON COMMISSION.
INTEREST ALLOWED ON DEPOSITS.
QBAKT.
O. St.
HAAB.
J.
USKOSTLKB.
No. 7
for cash or on margin.
orders for Investments.
STREET,
NEW YORK.
Banking Business.
STOCKS. BUNDS and GOLD Bought And Sold OH
Comnilsalon, and carried on Margins.
Deposits Kecetved and Interest Allowed.
Accounts of Country Banks and Bankers ro
ceived on favorable terms.
Bl:OKBP.S IN
FOREIGN EXCHANGE AND GOLD,
63 Wall Street, New York.
BOX
(P. O.
KUBBMBamiDT
S^tclal attention paid
NEW
Traii?act a General
2,S4".)
Special attention paid to tbe negstlatlon of
Jonx fHIFIRLD.
C. r.
Francis,
Hilmers,McGowan & Co
BANKERS AND BROKERS.
W^ A L L
B. 8BT1>VM
&
BANKERS AND BROKERS.
IW
& Company,
No. 33
other California Securities.
Cisco.
Trask
GOVEltNMENT BONDS, GOLD, STOCKS
MISCELLANEOUS SECURITIES.
Grant
all
Exch mj?e. Letters of Credit and Telegraphic Transfers on London, Yokohama, Shanghai.
Hong Kong, Honolulu, Virginia Clt> and San FraoIssue Bills of
HAMBURG.
J. H.
WM. ALVOKD,
Laidlaw & Co.,
NEW YOBK.
BHO.ID STREET,
NEW
The Bank of California, San Francisco.
Capital, Paid lt in G ld, $5,000,000.
THOMAS BROW.v,
DEALEH8 IN SPECIE AND UNITED STATES
SECURITIES. Buy and sell Stocks, Ilonds. and Gold
M.A.
for*
Gwynne & Day,
[Establi.-hed 1S54.]
Bostwick,
Haar & Co.,
UERCIIAXT XSn BANKER, BANKEBS AND BROKERS,
45 WALL STREET.
166 QRA\^ER STREET
and
paid to Investment Orders for Miscellaneous Stocka
merclal
Charles G. Johnsen,
sold la
anft
and Bonds.
D. O.
&
Stocks, T'.ondK, Gold and Government Securities
bought and spid for cash or on margin.
Southern and xvesttrn State, Munlclpil and Kaliroad Securities made a specialty.
Milling Stocks bought and told at New York and
LOANS NEGOTIATED.
Bankers and ukokers,
7 Wall St., Cor. New, New York
bongbt
Deposits received In Currency or Gold,
elgn coins.
Cle.)
Sctimld
Member N.Y. Stock Exchange.
SPfJClALTT.
&
&
(C.
Bonds
to suit Investors; also Gold, Sliver,
C0KRE3P0NDENCK SOLICITED.
.1.
Co.,
D1ALKK8 IX
A. H. Brown
eber
TRANSACTS
BANKERS AND BROKERS,
SOUIHEKS SECURITIES A
rt
GOSSLER
$400,000
200,000
BROADWAY,
(K<I.
GENEBALi BANKING b'vSINESS.
BOSTON.
Oapttal,
66
Wkber
JULKS UAUTKXSTRAtCH
—
P.
V'ou dcr liucte;.
tiu-STiiEtt (Cornellle-Duvld).
(it.
ic^ft-
This Oorapany engraven and prints i>onds, postage
imps anil paper money for rarioas foreign
ivcrnmects and Bankln? Institntlona South
Auierlcan, Earopcan, West India Islands, Japan, &c,
A>A
liECKK
Otto
Emu k de Gott^l.
Au. Frank (Krank, Model & Cle.)
Aug. Nottebohm (Nottehohm Frercs).
Kb. Dhanis (-Mlchlels-Loos).
.Jou. D^N FuHRM\NN, .Jr. (,Joh. Dan. Kuhrmann).
ouardt devUcd and patented, to prereut counter
teillnt; and altcrationa.
JRO. B. CVBBIEB,
.Maquinay (Gr;ifr& Maqulnay), Vlce-Pres.
VoN DKK
amoanta
and Interest allowed on Balances. Special attention
tfRT8\Ti. President.
Ai,FKKt>
Oaitad States Bonds, Notes, Cnrrenoy
and National Bank Note*.
J.
J.
U. S. Government
9,000,000 Francs.
- -
YORK.
NASSAU
No. 5
BOARD OF DIRECTORS:
Fklix
OF THE
BANKERS.
ST., NEW
Anversoise,
Paid-Up Capital,
HATCH,
FISK &
Antwerp.
18S8.)
NEW YORK.
ENGF
Centrale
Co.,
669.
Financial.
Banque
THE
OFFICE, No.
NO.
20, 1878.
to
ORDERS EXKCUTKD AT THE PHILADELPIUA
AND BOSTON STOCK JiiCUANGES
CoB
kills.
Kountze
Brothers,
BANKERS,
13
WALL STREET, NEW
Y^OBK,
Issue Letters of Credit, available In all parts of tha
world; also. Time and Sight
BANK OF LONDON.
Bills
on the
UNION
Cable Transfer* made.
:
THE CHRONICLE.
&
Morgan
Orexel,
No.
&
South Thihd
34
Drexel, Harjes
Co.,
St..
81
&
Co
Paris.
DOMESTIC AND FOREIGN BANKERS.
Deposits received sutiject to Draft. Securities, (-Void.
Ac, bought and Bold on Coinmiseion. Interest allowec:
«n Uepoaits. Foreign Exchange. Commercial Ciedlta,
Circular Letters for "iravulero.
Cable Transfers.
available in all parts of tbe world.
Attorneys
nessrs. J.
S.
.vkd
OLD HROAD
No. 22
Brown
ST..
Demand
on Scotland and Ireland, also on
Canada, British Columbia and San Francisco. Bills
Collected and other Banlving Business transacted.
D. A.
G. M.
Bank
(
THEY ALSO ISSUE COMMERCJAt CREDITS
DRAW
TitANSFEUS OF MONET BETHIS COUSTKY AND ENGLAND, AND
BILLS OP EXCHANGE ON GREAT
CABLE
-
Surplus,
^
and
&
G.
G. C. Ward,'
BARING BROTHERS & COMPANY,
62 WALL STRKBT, NEW YORK.
28 STATK STREET, BOliTON.
J.
&
Stuart
J.
33 NASS.Ai;
-
-
Sells Sterling
Exchange, and makes Cable
issues CommerGlal Credits available everywhere.
G. HAKFEIt, Uirpnts
H. GOADBY. i -^geits.
J.
.
1.
Merchants' Bank
Capital,
-
.
Co.,
SMITH, PAYNE & SMITH'S,
;
$6,200,000, Paid Up.
-
President, the Hon. JOHN HAMILTON.
Vice President, JOHN McLKNNAN, Esq.
HEAD
OFFICE, MONTREAL.
WM.
STREET.
BANKERS, LONDON
CANADA.
J.
General Manager.
Asst. General Manager.
INGRAM,
;
D. R.
WILKIE,
Cashie.
OFFICE, TORONTO.
Bk\NCHBS:— ST. CATHERINES, PORT COLBORNE,
ST. THOMAS, INGERSOLL, WELLAND.
Dealers In American Currency and Sterling ExchangeIn New York:
Bank of Montreal,
Agents In London;
BoSANQUET, Salt & Co.,
Lombard
Agents
street.
59
Wall
street.
Promptest attention paid to collections payable in
any part of Canada.
Approved Canadian business paper, payable In gold
or currency, discounted on reasonable terms, and
proceeds remitted to any part of the United States bj
gold &v currency draft on New York.
The Bank of Toronto,
CABf AD A.
Capital,
Transfers of Money,
GEOhGE HAGUE,
EXCHANGE ON
BILLS OF
BEAD
Reserve,
$2,000,000.
HEAD
$1,000,000.
OFFICE, TORONTO.
Dttnoan Coulson, Cashier Hugh Leach, Asst. Cash
Branches at Montreal, Peterboro, Cobourg, Port Hope
Ban'le,St. Cathai-Ines, Coliingwood.
;
BANKERS:
LosDOK, England.— The City Bank.
5 National Bank of Commerce,
NTwTiT
WEW -v/^DTT
»ORK.|y
p g^j,([,j.j.jj^^;, W.^Yatson.
Collections made on the best terms.
Foreign Banker§.
OF
agents foe
&
STREET.
$6,000,000 Gold.
$1,900,000 Gold.
-
BRITAIN AND IR ELAND.
S.
WALL
Capital,
liuys
Commerce,
of
No. SO
d, or satisfactory guarantee of repayment, Circular Credits for Travelers, In
dollars for use In the United States and adjacent
countries, and In pounds iterling for use in any part
of the world.
TWEEN
J
The Canadian
Co.,
No. 59 TFALI. ST., N. V.,
MAliE
MaoTAVISH, Agents.
MORRIS,
$1,000,000.
HOWL AND, President
S.
93
Di-afts
CO.,
&
Capital,
H,
rates; also Cable Transfers.
LONDON.
Brothers
iBsue, against cash deposi
W^ALL STREET.
No. 52
Commercial Credits Issued for use in Europe, China,
Japan, the East and West Indies, and South America.
Demand and Time Bills of Exchange, payable in
London and elsewhere', bought and sold at current
Agkntb op
iUMKGAN &
Imperial Bank of Canada
Bank of British
North America,
Boulevard HaussraanE
Pblladelpiila.
AGENCS OF THE
Co.,
WAI.I. STREIST,
CORNER OP BROAD, NEW YORK.
Drexel
Canadian Banks.
Canadian Banks.
Foreign Exchange.
XXVI.
rVoL.
Adolph Boissevain & Co.
BANKERS
COMMISSION MERCHANTS,
AMSTERDAM, HOLLAND
BANKERS.
LONDON, ENG.— The Clydesdale Banking Co.
NEW YORK— The Bank of New York, N. B. A.
N. Y. Coi-i-espondents.—Messrs.
National Bank of the Republic.
The New YorK Agency buys and sells Sterling Exchange, cable Transfers and Gold, issues Credits
available in all parts of the world, makes collections
in Canada nnd elsewhere, and issues Drafts payable
Demand
at any of the ottices of tlie bank in Canada
drafts issued payable In Scotland and Ireland, and
every description of foreign banking business undertaken.
MANCHESTER &: COUNTY BANK,
"LIMITED";
York Agency, No. 52 W^IIllam St.,
JOHN STUART & CO., Bankers, New
with Messrs. JESUP, PATON & CO.
MANCHESTER, PAYABLE IN LONDON
ULiSTER BANKING COMPANY,
Bank of Montreal.
BELFAST, IRELAND;
AND ox TUB
NATIONAIi BANK OF SCOTLAND.
Henry
BLAKE BROS. & CO
&
King
S.
Co.,
BANKERS,
45 Pall Mall, London, England.
CIRCULAR NOTES
Issue
free oj charge, available
in all parts of the world.
;
ALSO,
CABLE TRANSFERS AND LETTERS OF CREDIT
J.
&W.Seligman&Co.,
CAPITAL,
SURPLUS,
$12,000,000, Gold.
5,500,000, Gold.
Grant
COMMERCIAL CREDITS
Execute Orders on the London Stock Exchatige.
Make
Collections on all Points.
GEORGE STEPHEN,
ANGUS,
KING, BAILLIE
CO., Liverpool.
NEW YORK CORRESPONDENTS,
<fc
President.
R. B.
General Manager
Messrs.
69 BXCHANGX: PLACE,
CORNER BROAD STREET, NEW YORK.
&
Nos. 59
WARD, CAMPBELL &
WALL STREET.
61
C. F.
SMITBEK8,
Walter Watson,
Boston Bankers.
.„„„,.
j-^^enis.
I
Buy and
Draw Bills of Exchange and make telegraphic tranafers of money on Eitrope and California.
Transfers; grant Commercial and Travelers' Credissue drafts
its, available in any part of the world
Sterling Exchange, Francs
and Cable
No. 8 Wall Street, New York,
No. 4 Post Office Square, Boston.
CHEQUES AND CABLE TRANSFERS ON
MUNROE & CO., PARIS.
STERLING CHEQUES AND BILLS AT SIXTY
DAYS' SIGHT ON
ALEXANDERS & CO.,
LONDON.
CtBCULAR Notes akd Crhdits fob Tbatblkhs.
Knoblauch
&
Lichtenstein,
St., cor.
NEW
Dominion
London
Office,
Capital Paid
HEAD
8PECLAL PARTNER,
Berlin.
DEUTSCHE BANK*
G. Amsinck
&
Street, New
AGBNTS FOB THS
160 Pearl
Co.,
York,
LONDON AND HANSEATIC BANH,
(LiHiTBD) .-LONDOH.
Up
-
-
Dealers in Stocks. Bonds, Gold and
Orders executed on Commission at Brokers
C.
$1,000,000.
K..MUERAT,
Cashier.
Bbo.
Wm. Balloc.
WALL STREET,
72
DEVONSHIRE
ST.,
Boston,
Near Vork,
BANKERS AND DEALERS IN
AOSXTS:
Municipal Bonds.
Halifax.
LONDON.—The Alliance Bank (Limited).
NEW YORK.—The National Bank of Commerce.
Messrs. Hllmers, McGowan & Co.
CHICAGO.— Union National Bank.
BUFFALO.—Bank of
Geoesb H. Holt,
Member N. Y. Stock Exchange.
Oeo.Wm.Balloii&Co
8
(CITY) .-Owen Murphy.
NOVA BCOTIA.—Merohant*' Bank of
FOREION AGENTS
Board
InvestmeGt Securities constantly on band.
OFFICE, MONTREAL.
Prea't.
Commercial
paper.
Auctions, and Private Sale.
Hamilton, Ont.; Aylmbb, Ont.; Pakk Hill, Okt.;
Bbdfobd, F. Q.
Chas. A. Sweet
&
Co.,
BANKBKS
Buffalo.
Sterling and American Eachango bought
Interest allowed on Deposits.
and
sold.
Collections made promptly and remitted for at lowsat rates.
CONGRESS STREET,
Boston, .^asH.
No. 9 BIrcIiln Lane.
SSAJfOSES;
QUEBEC
Credit
No. 35
Chicago and tliroaghoat
OF CANADA.
Excliange Place,
of Europe.
in
of Canada.
Exchange Bank
YOrjJ.
Make Telegraphic Money Transfers.
Draw Bills of Exchange and Issue Letters oi
all principal cities
the
M. H. GADLT,
BANKERS,
29 William
on and make collections
Co.,
BANKERS,
;
Co.,
&
Brewster, Basset
Payable In any part of Europe, Asia, Atrloa, Atutralia
and America.
sell
CO.
rOIlK OFFICE,
iVjBIF
Issue Letters of Credit for Trarelers,
&
Receive Deposit
aud Current Accounts on favorable terms, and do
General London and Foreign Banking Business.
BANKERS,
John Munroe
for ase agalns.
Consignments of Merchandise.
40
STATE STREET, BOSTON.
DEALERS IN GOVERNMENT SKCU-«TIES, Gold,
Mate. City, County and Railroad Bondi.
THE CHRONKJ.K
APRii. aO. I878J
Western Banks.
Boaton Bankers.
&
Parker
IIANKKKK,
Httj and Nell
Couutv llofiitN.
\t>>irra
nn<1
Anglo-Californian Bank
(LIMITBD).
LONDON, Hca<l Office, S Angel Court.
SAN FRANCINi'O Offlce, 423 California
NEW YORK
BunkerN.
A, Itulliiuure
Philii
STKKK'I',
City
&
Wilson, Colston
all tied.
K. ^
.
and
Infornatlon
Co»B«iipoNnEWT«— McKlm Brother*
*
•
far-
''o.
Austin,
Bell
J.
STOCK BROKKR,
303 WALNUT PLACK (310 WALNUT
PHILADELPHIA.
bA N
K.
&
Co.,
URS,
with prompt
cuTr«Di rales of exdi&nge on day of
— tierman
AmertcaD
fork:
Loul3t:iiia Nailouul llank.
Liverpool. Ltvt»rt»ooI
J
P. O.
New
Unnkt
New
26 Pine .Street,
York,
Broker and Ucslcr In Southern Secarltlcs. Loans
Negotiated. Adrances made on Securities placed In
my hands for gale at current rates.
RKFKB1.V0E9.— Henry Talmadgc & Co., and Eugene
Kclljr * t'c Now York; SoaUiem Bank, Savannah, Ga
•
UOCTSTON,
Capital, $500,000,
Houston,
We
sllilc
Texas.
five (.peclal attention to collections
on
all acces-
points.
DiRKCTous.— Benjamin A. Botts. Pres't C. 8. Longcope, VV. J. Hut ;nln8. K. A. Hlce, C.C. Baldwin, W. B
Botts. Koli't Brewster.
BEN.J. A. BOTTS, Pres't.
:
B. r.
••.-..•.
Reserve,
2,500,000
a. W. GLENN T,
CORnESPOSDEKTS:
LONDOK
Smith, Patnk * Smthb.
Tnn Bakk of Nkw York. N.B. A
NEW YORK
The Bank of New York, N. B. A., is prepared to issue
Telegraphic Transfers, Letters of Credit and Drafts
on The Nevada Bank of San Francisco.
FInuncial.
WKKMS.
Cashier.
T.
W. House,
BANKER,
R. T. Wilson
IIVHMIMH
TUl.l.BYH, Vuunrtl /llHirt.Jowa.
lll!lt.\JIAM <t llJ-.YKn. Ilrlnnfll. lowu.
All these l»ans are carefully made, after personal
Inspei lion of tlie sccuilty, by iiiiiuliers of the above
Arms, wlio, living on the Kroutid, know the actual
value of lands and the tiinriicilcr and responsibility of Imrroweri., and uhuse experience In the business for the piist Sl.XTEKN Vi:.\KS lias enalilod them
to Kivc entire wiitisfjietlon to InvesUjrs.
Unusual faculties ottered for the prompt collection
of defaulted municipal bonds.
&
Co.,
2 Exchange Court, New York.
I4RIU RIILWAV.-FORECLOSURE
* SALK.— til remo Court of iheSta'o of New Vork.
—TIIK KACMKIi^' LOW & T..UST COMl'ANV.
KUIE RAILWAY COMi' .NV
Nl» OTUEKS. ricfemlants.— By virtue of and puragainst
ilr.
Solid Ten Per Cent.
OLD AND TRIED.
Bonds, Stocks, SAVINGS BANKS EVEN, prove
The old UKNTItAl, ILLINOIS LOAN
AOl'^NCV stands unmoved amidst the storm. If you
wish Inveetmonts AB-OLUlELY SAKE IN ANY
brittle reeds.
CONTINGEN(;y, address, for circular—" Actuary of
KANSAS, MISSOUKl & CENTllAL ILLINOIS LOAM
AQKNCY.** Jacksonvixxe. III.
810
HOUSTON, TEXAS.
DBALER
m
and Negotiable Securities.
€k>ld, Silrer
Till;:
suant to a Ju gmcnt and decree of foreclosure and
sale, rendered a d entered at a Special Term of the
Supreme Court In the above-entitled action, on
the seventh day of November, A. 1>. iBl'i, 1, Ge-'r^e
Tlcknor Curtis, Heferee. ap olnted tnereln lo t^ell all
and i-lnKnl'r tl»e mortgaged premises, franchises
and property, both re^l. perri'>nal and mixed, mentlon'-d in the complaint In this aclon and mentioned In
the Bald judg'iient and decree, beln^ the same mortfaaed, nr Intcnrb-d bo to be, to the pialntJlT, the
armera' Loan & Tru t Company, by a murtgiige bearing date on the to rth 'lay or P'ebruary, A.I),lS74,do
hereby give notice that on th.e tweniy-tifth day of
March, In the year lo7^, at 12 o'clock noon, at tho
Meiehants' hxchmge Salesroom, No. Ill Broadway,
In the City of New YorK, by liernard Smyth, Auctioneer, I shall proceed to se.l and hhall sell at public
auction, to the highest bidder, for cash, the followlnij
escribed prupeity:
11 and singular the railways of
the said company, from an Including Plernioiu on the
Ilud-fin Iver to and Including the final terminus of
thesald railway on Lake Krie, and the railwav kno*n
as the Newbur^i Branch, frt-m Newburg to the uialn
lini:
and also all that part of the railway de«Jf-'natod
as the liuffnlo iininch of the Erie hallway, extending
from Hornellsville to Attlea, In the stare of New
York; and also all ot^ier railways beIon,^ing to the
company in ihe Statcof New York, Pennsylvania and
New Jersey, or any oi tin m.togetherwlth all thelands.
track?, llne«, rail-, bridge.-, ways, bull Ings, piers,
wharvct, struc ures, eieLitons. lences, wall-, fixture*-,
Bald
COLLSCTIONS
MADE TBSOUQMOUl THE
8JATB
BOYS AND
SELI.8
EXCHANO
;
ON ALL THK
PRINCIP.U, CITIES OK THE UNlTBlJ
STATES AND BUKOI'E.
&
Adams
aud rights oi the said com-
prlvllegea
pany
engines, teu^ler ,
; an'i atfo all the locomotives,
cars, c.irrii^geti, tools, niiicnine y, mai.ufactuied or
unmanufactured maicrlals, coal, wood aud ^uppllun
of every kind belongli.g or uppertalnl g to the ^ald
company; aud all toils, income, 1 sues and proilts
arising out of aid proiicrry, hu-i ail rights to reccve
or recover the same; also all Ihe cstn e, right, title
and Inieres', teruiS and remalniicr of term.s, fran
cblses, prlvllegMc auii right) of action of wnatsoever
name or nature, In law or In equity, conveyed or as-
signed unto the New York & fcne a Iroad Company,
or unto th'- Krfe K 1 wjiy i.'ompany, by the Union
l.allroad
ompany, byt e Bufialo New \ orK & Krie
Haiiroitd Conipaay. by the Buffalo Bradford a Plitsburg Uailii/ad company, t>y the ochehfcr* Geno ee
Valley Imllroiid Couii-any an by the Long Dock
Comiiany also a anJ singular the chores in r^ctiou,
stocky bonds, book accounts',
bills
reecl»able
ana other evidences of nidcbteJncss, Icase'-old estates, ion tracts* and
other property in tlie Bald
JuiJgmera mentl<>n>'tl.
Given under my han at the City of New York, this
twentj-Urst oay of January, A. tl. 1878.
GKOliGK iicKSOU CURTIS. Referee.
TunNBB, LSiC & I'IcClkke,
Plaln-ifl'B Attorneys,
»
Leonard,
tors of Loans, Corning, Iowa
195 Broadway, 'Wesrcrn Union Bldg-, N. Y., make
loans on the best Improved farms In Iowa, at 8 t« 10
per cent Interest. Always first Hens and Improved
i'arms
never exceeds one-third the cash value
of the land alone.
The bonds have coupons
attached, and the Interest Is paid feml-annually, at
the Central National Bank, In New York, and the
principal, when due, at the same bank. Several years
experience of the firm In loaning has shown ^hese
loans to be
PERFECTI^Y SAFE
TEXAS.
'
Maw York CornuDondent
B. S. Bbrbubs,
Moody A JemUon
A. K. Wai.ksr,
Pran't.
Caeliiet
First National Bank,
WILraiNVTWN, N. C.
OullectioDt man(* np
til
pKrtn nf tbo
TTtiItpiI 8tat.n.
printed particulars, or call at the
C. F. Pk.nzki,
Preeldcnt.
j
\
Bunks.
Iii5.
1
Cashier.
German Bank,
LITTLE UOCK, ARK.
CAPITAL
(Paid-in)
SuBPLCi
Prompt attention given
$75,000.
25,000.
to all business In
tb Metropolitan National Bank.
Y'ork office
UEFJiHENCES:
^m. .\. Wheelock, Esq.. Prest. Cent. Nat'l Bank, N.T.
Uilman, Son & Co., Banners, 41 Exchange Place, N.T.
il. C. Fahnestock, Esq.. First National Bank, N. Y.
Henry 11. Palmer, Esq New Brunswick, N.J.
Chas. .1. Starr, Esq., Stamford, Ct.
A. J. Odell, Esq., Sec'y D. L. & W. UIJ. Co.
Aaron Heaiy, Esq., S Ferry street, N. Y.
Edwards & Odell, Attorneys, ii William street, N. Y.
,
C^K ECo,
R
BA
COR. OF
S
JK
,
WALL STREET AND BROADWAY,
Neur YorU.
Tiansact a General Banking Bnsinesa, Inclsdlng tho
purchase and sale of STOCKS, BONDS and GOLD
for cash or on a margin.
Investment Secnrttles For Sale.
P. O. BOX 2,H7.
A.M.KlDDKB.
0.
John
W. Tbasx
W.MoLltLLAS, Jb.
B.
Manning,
BANKER AND
No. 14 IVall Street,
BliOKEB,
New Yorh
SOUTHERN SECURITIES
City.
A SPECIALTY.
State, Municipal and Kallway Bonds and Conpona
liONghtand sold at best market rate
Investors or
dealers wishing to ouy or sell are invited to communi.
cate with us.
Member of tho
New York
lock Exchange.
Insarancc.
New
•l\i Nasf<au street.
York.
a^te of the above->le^^crlbed p operry heretofore a ivertlfed to ake piuceon the t«enty>flr-t day
of January, \^<, a' 12 o'clock nouii, at the Nierciiants'
ORGANIZED APRILI2T?
GKURGK TICKNOR
IS42
rTHE::
Kxcbang>- -a esroom. No. Ill Bnta w«y, In the City of
New Yi rk. wa- thr-n aiid th ru adjuurned to Ihe
twentk-flftbd y of March. IS.S. at the same hour and
CUi;Tisi.
Referee.
the abovc-<le cribed property is he eby
adjuuiiod o the t- enty fuurth day of April, l8i8,Ml
the same boar aod place.
ThcMlcof
STATE BASK, IC.T.Walk«b
Incorporated
New
and examine maps and applications for loans in sums
ranging from tSOO to (S.OOlJ.
The
place.
'%Ve8lcrn
!
The interest and principal have always beeh paid
when due, without thr loss of a dollar. Send for full
I
;
BAHKBBS,
DAI.I.AJ,
franchises,
Iowa Bonds & Mortgages
GEO. W. FRANK & DAR'
ROW, BANKERS and Negotla'
and
;
41 ULAIN ST.,
P. C. Interest.
;
BANKERS AND COMMISSION MERCHANTS,
plaintiff,
ILL.,
SALE
<;oi;po^ uo.N'nN,
Cashier
New
JA!VIKS IIUIVTER,
THE CITV BANK OF
„.„,.„„
)
SAN FRANCISCO, CAL.
Orleaus; Bank
Savannah, Georgia,
81
1,55 0,000.
KOI!
PIHN-r .TIORTOAOE
!,n,amountsof »l,«l)()and upwards, jrloldlnjj EIGHT t«
IhN piT cent semi-annual Interest, and neKotlatcd
tlirouKli the houses of
The Nevada Bank A
OF SAN FRANCISCO,
ames Hunter,
Box
Co.
President.
J. C. FLOOD, Vice-President.
iaOB<LU« ALABAHIA.
daymen:.
UunreNpondents.
St.
LOUIS MoLANE,
S;}eclAl atienlion paid to collectlonii.
"jf
&
$0,000,000.
FKED'K F. LOW,
LILIENTHAL Csthler.
K «. WII IiIAUS. JNO. W. MILLSR
Thos. P. Miller
Scliifinan
CHAnPAIUN,
OFF E K8
Capital, fully paid In coin, $10,000,000
Soul hem Bankers.
reiiitiuzi ;e8 at
P. N.
ST.),
Order* in stocks anfl Hirnds prom[>ily executed at
he Philadclphlft urul N*-" York ftortrrta
tBOS, p. UILLKK.
A W.
A. C. Burnham,
[EaUkllshed IMl.]
REAL K.STATK
Transact a general Banking nn-lncss. Issue Com
merclal Credits and Btlla o{ Exchanize, nvailahle In all
parts of the worM. collections and orders for Bonds.
Stocks, etc.. exei-uted upon the most favorable termr,
ipectalty.
aoUclted
AijontK, J.
Anthorlzed rapltal, •
Paid-up and Hcnerve«
Co.,
nANKKKS AND BUOEBSS,
BALTIir:.OKE.
IKVKaTMENT Uid VIKOIKIA BKCUIUTIBS
CorrMpomleacfl
Financial.
TBI
Stackpole,
IIKVONSHIKb
71
lU
our
line.
-^v.-uu
GEUUGK TICKNOR
& McClurk,
CURTI:^.
TuBNRB, Lkje
Plalutifl's
J.
Kefefce.
AiiomeTS.
Alden Gaylord,
33 Wall
New Vork,
St.,
dkalkr
in
ST. LOUIS OITY Ac OOdNTY BONDS,,
AN1> ALL ULABtlBH UF
INVESTMENT A .MISCELLANEOUS 8ECt;i:iTIK!>
Bef era by ^ermlaalon to
W
.
8, Hlotiols
* Co.. Baakers
F.S.WINSTON.PRESIDENT
"
"Es ErtRy APPROVED DESCRIPTlOP*jof
LIFE XnB endowment POLICIES
Ssh
OMTiHIUS AS FAVOFASISAS THOS£OfANYOTH€HCO,
iASHASSETSMr$80.000.000.
THE CHUONICLE.
IV
Financial.
Financial.
Wanted Money
Dakota Southern RR.
Financial.
UNION TRUST
NEW
OP
CO.
TO LOAN ON APPROVED SECURITY IN
YORK,
No. 73 Broadway, Cor. Rector
CAPITAL,
St.
$1,000,000.
HAS SPECIAL FACILITIES FOR ACriNQ AS
IOWA, NEBRASKA AND DAKOTA. FIRST MORTGAGE 7 PER CENT
GOLD SINKING FUND BONDS.
10 TO 12 Feb Cbnt Guaeanteed.
FnR S'LE-
A Choice lot Of Lands In different parts of the
West. Also, Western Securities. A Choice Investment. Address, for full particulars.
D. H. TAIiBOT,
Transfer Agent and
Registrar of Stocks.
Authorized by law to act a8 Executor, Adralalstrator. Guardian, Receiver, or Trustee, aad Is a
Interest allowed on Deposits, which may be made
and withdrawn at any time.
N.B.— Checks on this Institution nass through the
EDWARD
Clearlne-House.
KING,
President.
Vice-Bi-esident.
J- M. McLean,
Wm. WHiTawBiGHT, 2d Vice Pi-esi'Jent.
\st
Slonx City, loiva.
Reference.— First National Bank, Sioux City, lowj.
Sampkl Willktb,
Whitewbight,
Geo. Cabgt Waed,
E. B. Weblet,
Theodore Roosevelt.
G. G. Williams,
J. H. OGILVIE, Secretary.
M. McLean,
AUGrSTXie SCUELIi,
Defaulted Bonds.
Municipal Defaulted Bonds.
Holders and dealers would consult their interests by
conferring with us. Reliable information cheerfully
&
Cor. of Montague
M
Company
Clinton
Brooklyn, N. Y.
stB.,
authorized by Bpeoia) cbartertoBCt
receiver, trustee, guardlac, execu.or or admltls*
This
BAXKLRS AND
"Wm.
The Brooklyn Trust Co.
KKCEHER
P. F.
J.
antT transfer books, or mufce pureUaseanttEaleor
erniv tnt aid ether securities.
Gov*
Religious and charitable institutions, and pereonB
nnaccuslomed to tne traaeaction of busmess, will And
Company a safe and convenient depository for
UIPLKT ropes. President.
money.
Vlce-Freb't.
£i>eAB M.CiTLLKN. Counsel.
TRUSTE?:S:
Henrv Sanger, Alex.McCue,
Chas. K. Marvin, A. A. Low.
John P. Relfe,
Thomas Sullivan Abm. B. BayllB, Henry K.Sheldon,
M.S. Pierrepont, Dan'l Chauacey, John T. Martin,
Josiah O. Low, Ripley Hones,
Alex. M. White
Eduiund W. Coriles.
Austin Corb'D,
J.S.Rockwell,
Wm.
Jesup,
K.
BUNKER.
Secretary
&
Paton
Co.,
BANKERS,
52 William Street, Neiv York.
Albert E. Hachfield,
18
WALIi STREET,
Bonds, stocks and securities bought and sold on
commlEBlon.
Sound railroad and municipal bonds negotiated.
Funds carefully Invesred In Western farm mortgages, and the Interest collected.
New
Yankton, the capital of Dakota, a
The road has been comlive
years;
and during
these years of business depression tke net earnings
over all expenses have each year exceeded, by more
than
amount required to pay the
First Mortgage Bonds, while Ihe
net earnings for \B77 were two and a-half times
greater than the interest on its entire bonded debt.
per cent, the
fifty
interest
on
its
The $558,000 first mortgage bonds are the only indebtedness of the company. We have sold during
the past two months over $350,OCO of these bonds.
When the balance is sold the company will bo
entirely free
from floaling debt. We are authorized
bonds at 90 per cent and
to sell the remaining
accrued interest, at vehich rale they yield nearly
eight per cent interest.
WALSTON
H.
BROWN &
Jones on Mortgages,
A TKEATISB ON THB LAW OF MOltTGAOBS
OF HEAL PROPERTY. By Leonabd A. JoxKS.
WANTED.
Northern Pacific RR. Preferred -tock and Bonds.
Oregon Steam Navigation Co. Stock.
Claims on Jay Cooke & Co.
Texas Pacific RR. Land Clrant Coupon Bon'Ts.
JefTerson. Maaison & Ind. KR. Ist and 2d Mort. Bonds
Sandusky Manefield & Newark RR. Bonds.
City, County and Town Bonds of Ohio, Iowa & Wis.
Loultviiie& Nashvl leRK. Stock.
Fort Wayne Jack. & ^aglnaw HR. Bonds.
Interest-paying Bonds of Southern Kailroads.
Cairo & Fulton R^". Bonds, all Issues.
Kansas Paclflc Railroad Bonds, all Issues.
Jersey City and
FOR SAI^E.
New Brunswick 7 per
ct bonds, 1897.
Win. U, UTLEV, 31 Flue
St.,
N. y.
of the Boston Bar. 2 vols., 8vo. Law sheep. $13 00.
This important work on Mortgages presents the
common law of the subject, anl the modifications of
that law made by statiitory enactments and judicial
decision?, in a way to avoid confusion of fctatement,
and so as to enable one to ascertain as easily as possible the law on any pirt of the subject for any State in
tbe Union. It is confidently anticipated that thiB
work win be found adequate and exhaustive la its
Important branch of law.
•," For sale by Booksellers. Sent, free af expense
on receipt of price, by Uie publishers,
HOUGHTON, OSGOOD &, CO., BOSTON
NOTICE.—THE E1.EVENTH K'ARD
N. T.
Beers, Jr.,
Brooklyn
Stocks,
GAS STOCKS,
2
WALL STREET.
a
E.
Bailey,
S.
AVALL STREET.
65
Dealings in
Insurance
Stocks
NATIONAL BANK, located at BOSTON, in the
State of Massachusetts, Is closing up Its aflialrs. All
note-holders and others, creditors of said association,
are, therefore, hereby notlflel to present the notes
and other claims against the association for payment
GEO. S. WHEELWRIGHT, Cashier.
Boston, March
20, 1878.
WANTED:
Alabama, Soiitli Carolina tc Iioulslaua
State Bonds;
NeAV Orleans Jackson Sc Gt. Northern,
nilssisslppl Central, and ITIobile
6c Ohio Railroad Bonds ;
City or Jiew Orleans Bonds.
LEVY & BORG,
A SPECIALTY.
36
Cash paid at once for the above Securities or tney
be sold on conimlHslon, at seller's option.
;
will
STOCKS
JOSXSTOWJf, PEyN.,
and thb
WALSTON
E.
BROWN.
nnderslgned
hold
SALES
.
BANKERS,
34 Fine Street, Neiv York.
all
No. 7
PINE STREET,
NEW
YORK.
BROAD STREET.
OAS STOCKS
A
BroolUyn
8PECLALTY.
Secorltlea Bongtat
and Sold
Yorli.
MATURLN BALLOU.
CHAS. GREGORY,
Member N. Y. Stock Exchange.
W.
A.
JA8. CAMEROjr.
EVANS.
W.
&
A. Evans
Co.,
All active Stocks dealt In
Commission
1-16
on one per cent margin
on 10 shares and
of one per cent
upwards.
H. L. Grant,
No. 145
BROADWAY,
G. T.
WANTED
Mobl
e
Ceniral
47
Brothers
BANKERS,
uraU Street, New
&
:
Jcffprsonvllle Mad. * Indianapolis Kit. Ist Mort. B ds.
Indianapolis & Vlncennes ItR. 1st and 2d Mort. Bonds.
See qnotatlons of City Railroads In this paper-
McKim
Bonner & c6^
BANKERS AND BBOKEES.
No. 20 Broad Street, Newr York.
CITY RAILROAD STOCKS & BONDS
BOUGHT AND SOLD.
30
83.
New
DEALERS IN STOCKS,
WEDNESDAYS AND SATURDAYS.
38 Broad Street and 34 New Street,
ADRIAN n. miJLLER. &, SOIM,
NEW YORK.
NEW YORK.
Geo. H. Prentiss,
6 Wall Street,
classes of
ON
8PECIAL ATTENTION GIVEN TO THE NEGOTIATION OF
RAILROAD SECURITIES.
of
RBQULAR AUCTION
STOCKS AKD BOKDS,
FEED. A. BKOW3T.
Walston H Brown & Bro.
Ballou,
STOCK AND BOND BROKEHS,
margin.
The
All business relating to the Construction and Equipof Kailroads undertalten.
&
WALL STREET.
STOCKS. BONDS and GOVERNMENT SECURI
TIES bought and sold on commission, forcaah or on
At Auction.
ment
Gregory
BONDS
and
Edgar Tliompson Steel Co. (Limited),
PlTlSBUnOn, PENN.
BRO.,
34 Pino Street.
sell
Cambria Iron Company,
Eoom
The Dakota Soulhern Railroad runs from Sioux
AVAtSTEI>.
Southern Hallroad Bonds, all kinds.
Toledo Logansport & Burlington Bonds.
Kansas Pacific Rallroai: Bonds.
Union & Logunsport Bonds,
ludianapells & Vinccnnes Bonds.
York.
Railroad Investment Securities. Colect Coupons and Dividends. Negotiate Loans and
draw Bills of Exchange on London.
Agents for the sale of STEEL KAILS made by the
Buy and
Cancelled by the Sinking
Amount now Outstanding $E58,C00,
AU. Dkscmptions.
S. Kennedy & Co.,
BJNKBRS AND MERCHANTS,
ST.,
$IS,0CO.
City, lov/a, to
First-Class luvestmeut Securities,
CITT BONDS OF ALL KINDS.
Railboad Bonds and Softhern Sectjbities or
J.
41 CEDAR, COR. WILLLAM
NEW YORK,
OKALS IN
Accounts and Agency of Banks, Corporations,
firms and Individuals received upon favorable terms.
Dividends and interest collected and remitted.
Act a% agents for corporations In paying coupons
ftnd dividends, also as transfer agents.
&
;
this
CHAS. R MAKV"IN,
BROIiERS,
i^T. Loris.
References.—Messrs. Clark, Dodge & Co., Speyer
New York E. W. Clark & Co., Philadelphia.
Co,,
ie
trator.
It can act as agent !n the sale or management of real
estate, collect interest or UlvidendB. receive registry
CO.,
Sc
Fund,
distance of 62 miles.
pleted and
running
Special attention given to Compr^mlFing. Fundine,
Buying or Selling Missouri County, Township and
furnished.
EXECUTIVE COMMITTEE.
Original Issue, $600,000.
being at the rate of %9fiXper mile of road.
General Land, Scrip an J Warrant Broker,
DEPOSITOKY FOR MONEY,
liEGAI.
[Vol. XSVI.
Co.,
St. 1 o'
& ihlo Railroad Ist Mortgage Honds.
New Jersey Land Improvement Co. Stock.
FOR SilLE:
IS Vandalla & Tcrre Haute KR. Ist Mort. B'ds
1
7 Per Cent Consol. Bonds.
Memphis City 6 Per Cent Compromise Bonds,
Niagara Falls International Urldge Co. stock,
Louisiana state
YorK.
I
—
mmh
HUNT'S MEttCHANTS' M/^GAZINE,
REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OF THE UNITED STATES.
YOL.
SATURDAY, APRIL
26.
CONTENTS.
At the
TUB CHRONICLE.
The
Bttfincss Outlook
Lfgielation
and Finan-
The Bat. ks and Rceamption Progrum
Savin<{» B»Dk> • NeccMity
I
Kei)e:il of the Bankrapt Law. 380
Latest Monetary and Commercial
3St
Englt«h News
Commercial and Miscellaneous
)
878
I
379
|
News
S83
TUB BANKERS' QAZETTK.
Money Harket, V.
Secnrities,
8.
I
Railway Stocks, Gold Market,
Foreign Exchaiisc, N. Y. City
Bulks, National Banks, etc
884
i
I
I
Qnotations of Stocks and Bonds. 387
Local Securities
888
Investments, and State, City and
Corporation Finances
383
TH£ COMMERCIAL
Commercial Epitome
J94
394
398
Cotton
Breadatolls
|
TIMES.
Dnr Goods
399
Iraporls. Receipts
I
I
Prices Current
and Exports.... 400
lOl
..
The Commercial and Financial Chronicle
day morning, with
the latest news
up
to
is issued on Saturmidnight of Friday.
TERMS OF SUBSCRIPTION-PAYABLE
IN
ADVANCE:
For Ono Year, (including postage)
For Six .Months
$10
20.
6 10.
Ammal subscription in London (including postage)
£2 58.
Six mos.
do
do
du
1 6s.
Snbscriptionswill be continued until ordered stopped by a written order, or
al the publicaCwn oxitcf. The Publii*hfrrt cuniiot be responsible for Remittances
onlese made by Drafts or l*ost-Office Money Orders.
London
Offlre.
The London office of the CimoNicLK is at No. 5 Austin Friars. Old
Street, wtiere subscriptions will be taken at the prices above named.
Broad
AdTertlsements.
Transient advertisements are published at iS cents per line for each insertion,
but wlien definite orders are given for five, or more, insertions, a liberal discount is made. No promise of continuous publication in the best place can be
given, as ail advertisers must have equal opportunities. Special 'Notices in
Banking and Financial column 60 cents per line, each insertion.
wiixiAM B. DANA, I
WILLIAM B.
<c CO., Pobliahers,
JoiiM o. FLOVD, JB. I
79 & 81 William Street,
YORE.
Post Ofpice Box 4,592.
DANA
NEW
669.
was a margin of profit on bond
is not
and some think
the improvement will so far continue that soon Europe
will become a purchaser, and buy back at the higher
rates what she parted with under the late depression.
As is well known, however, this is not necessary for the
successful issue of Mr. Sherman's endeavor.
But our intention in writing at this time was to suggest
whether this changed attitude of the Treasury and of
the country ought not to be recognized at Washington
by an arrest of all further Congressional action on
financial questions.
There seems to be no probability
and perhaps wo might say possibility, of any extreme
measure becoming a law. And yet numberless propositions are being agitated, one House Committee, we
believe, having half a dozen bills either reported this
week or made ready to report, besides issuing invitations
to bankers in New York and elsewhere to visit Washington and give their opinions about resumption.
With all
due respect to the bankers and to the Congressional
Committee, we would ask, who wants to heat- any of
earlier dates there
imporlati
The
I
S77
cial
NO.
20, 1878.
;ns,
now
while
their opinions
now
?
there
;
They may be very
interesting
and
ingenious theoretically, yet resumption being not only
determined upon, but we might almost say a fact
accomplished, what purpose can they serve except as
The loan made by the Secretary last week,
imparted a feeling everywhere of relief and of confidence; leave the matter as it is and this feeling will
irritants ?
%9 A neat file-cover
furnished at SO cents postage on the same is 18
cents. Vo.'nraes bound for subscribers at $1 .V).
t3^ For a co:n[>l le set of the Commercial axd Fivaxcial Chronicle
.July, l>iti5, to daii.— or of Uunt's Mbbcuahts' Maoazine, 1839 to. 1871, Inquire
at the ofllc«.
is
;
—
I^T The
Business Department of the CanoKicui Is represented
Financial Interests in New York City by Mr. Fred. VV. Jones.
among
continue to grow, capitalists will become more venturesome and enterprising, and business will revive; but
you can always keep the sore from healing by such
THE BUSINESS OUTLOOK AND FINANCIAL
LEGISLATION.
A new spii-it
pervades monied circles since the SecreThat such result would
naturally follow, our remarks of last week clearly indi-
tary's successful negotiation.
This better feeling Las been encouraged by the
constantly-improving prices of United States securities
constant scratching.
Tiie
bill
same objection holds good against the Senate
Wednesday by the Finance Committee,
reported
"An act to amend an act to provide for the
resumption of specie payments and for other purposes,"
entitled
as follows:
cated.
London and the satisfactory progress reported by the
Syndicate bankers in placing the bonds they purchased.
Thus the last doubt with regard to resumption, if doubt
at
remained, appears to bevanishing, and with it stability
in our financial system becomes assured.
The change
that
is
may be
taking place abroad
the following statement of the
the days mentioned
briefly indicated by
London quotations on
:
Monday,
Eondi.
U.S.
(5-21*)
March
Saturday,
AprU6.
Friday,
AptU
\i.
Thursday,
April 18.
by law to be issued, and on and after October
receivable for duties
October
on Imports, and
1,
187.'',
said notes in the
said notes shall be
In existence on
volume
1878, shall not be cancelled or pernuinently hoarded, but shall bo
and they may be used for funding and all other lawful purposes
whatsoever, to an amount not exceeding in the whole the amonnt then ia
circulation and in the Treasury; and the said notes, whether then in the Treasury or thereafter received under any act of Congress, and from whaterer
soarce, shall be again paid out, and when again returned to the Treisnry they
shall not be cancelled or destroyed, but shall be issued from time to time with
like qualities, and all that part of act of January 14, 1875, entitled ''An act
to provide tor the resumption of specie payments,^* authorizing the retirement
of eighty per centum of United States notes, stiall cease and become inopenlive on and after said October 1, 1878.
Sao. S. All laws and parts of laws Inconsistent with this act shall b« and ue
1,
rc-l88ued,
hereby repealed.
UGT
U. 8. 10-lOs
U.8.new4««
i\.
Be it enacted. That from and after the passage of this act United States
notes shall be receivable in payment for United States bonds now aathorined
..
107 "4
108X
105X
10f.>4
1033^
1fl4«
lOiX
IMJi
104K
108X
107
104«
We fear that our legislators
slight
do not stop to think haw
an influence checks growing confidence in such
,
THE CHRONICLE.
378
act
Even the reporting
times as these.
sensitive
be increasingly
so,
for
the working
provisions will be matter of doubt.
of
We
its
VOL. xx-vi.
will
word?
may— could we not truthfully use a stronger
—be introducing an element of great weakness.
various
We
are thus brought back to the position from which
of this
disturbing, and its discussion and passage
is
I
gold,
know how we
started.
Measure
if
you can the influence upon
the
—
I
,
|
the old law works, for we have tried it since 1875, business interests of the country of stability in that is
but the new measure will meet with as many diverse the removal of every debatable feature from our
interpreters of its action as there are words in it, and financial system.
Last week's events appear to have
each interpreter will be equally positive. Can we hope ensured such a condition. Timid and sensitive however,
for confidence in business circles while we are thus to an intense degree, as capital has become after the
—
deliberately modifying and obscuring the very basis of
all experience of the past few years, we can only hope for
muddy development and growth in enterprise by absolute freestream by constantly stirring up its impurities. There dom from UQcertainty and doubt
and change always
is but one desire among mercantile classes now with brings doubt, the opposite of stability, and doubt excites
dealings
?
As
well might
we expect
to settle a
;
regard to the financial situation, and that is that it be fear. Is it not, therefore, a public necessity that all
Congress could make no change these new measures should find an early grave ?
left absolutely alone.
that would be agreeable. Let existing laws, undisturbed,
THE BANKS
RESUMPTION PROGRESS.
work out, as they are so satisfactorily working out,
The most lively apprehension has often been expressed
natural
results,
is
the
their
wish
everywhere
as to the perils which must accompany the progress of
expressed.
Nor were these fears
It was not our purpose to discuss the various features this country towards resumption.
AND
of this Senate
bill, for the simple fact that it is an
unnecessary change, untried and unproven, ought to be
enough to smother it; and yet the very first provision
so clearly the general objection we have
urged above, that it may be useful to refer to it. What
may possibly be the effect of enacting that " United
" States notes shall be receivable in payment for United
"States bonds now authorized by law to be issued, and
*' on and after October
1, 1878, said notes shall be re" ceivable for duties on imports, tfcc?" We do not
urge that this provision must necessarily do harm; all
we ask, and all for our present purpose it is important
to show, is, whether its effect may not be, under certain
circumstances, decidedly mischievous. It is the doubt
and uncertainty which it creates that we object to now.
According to the existing law the Secretary can easily
replenish his specie reserve. This amended bill forces
him to keep re-issuing the legal-tender notes as* fast as
they are returned to him, and although he must pay
specie for them whenever demanded, yet if, by any
means, his reserve of specie should be drawn too low, he
has no legal way, with this new provision enacted, of
replenishing it except through the mint. According to
existing laws, he can go to any market and, for bonds, procure what gold he requires. The very fact that he may
do so, would in ease of a possible need becoming
apparent, be reassuring. But perhaps it will be claimed
that he may sell his bonds for legal tenders and then
with his legal tenders buy gold
possibly in case
of danger a Secretary might so act
but it would
be doing indirectly what the statute forbids being
done directly, and, strictly speaking, therefore not perCertainly, it is unnecessary to urge that lawmissible.
makers should not knowingly place their ofiicial agents in
a position where they be required to violate the spirit of
that at least is obvious.
a law
Furthermore, does it not look, with the change which
a subsequent provision makes, as if it would be necessary
for the Secretary to purchase gold, from time to time ?
illustrates
;
;
;
—
He must
re-issue his legal tenders as fast as received
—he
must keep them out; and yet, if demanded, they must be
redeemed in gold. Can anyone say that with such requirements, there is no fear of the drain ever being greater
than the natural feeders will supply ? We are not aryuing
whether this provision for the re-issue of the greenbacks
is
in itself wise or constitutional; those questions
we
pass
devoid of reasonable foundation.
History is full of
warnings as to the mischiefs which, on the one side,
attend currency expansion, and, on the other side, are
j
produced by a return to the sound currency basis, whieb
left by a commercial nation without serious
When the story of our paperand destructive evils.
money era comes to be written, one of the most interesting inquiries will be why, in this country, the mischiefs wrought by expansion of currency and credit!
have been so much less hurtful than in other countries,
and by what economic forces the dangerous and explosive materials, which our financial system developed
fi'om time to time, were kept in check, and were either
neutralized or mollified, or even converted into the
elements of safety and conditions of success.
can never be
'
j
As
illustration
of this truth, look at the condition of
our banks. Notwithstanding the strain and pressure
caused by the rapid progress which has been made of
late towards resumption, there are very few pymptoms
in their position to
which
our
show the dangerous point around
financial
barque
is
being
steered.
Like
who have a sea-worthy vessel, a good chart,
and a favorable wind, and who have taken due precaution beforehand, we seem to be passing through a multitude of perils without much visible indication of danger.
mariners
For reasons lately explained in this journal, the rates of
have risen, and the lenders of money are using
more scrutiny and watchfulness in consequence of the
failures, defalcations, and breaches of trust which have
been so numerous of late. As yet, however, there is no
appearance of that monetary stringency which, in some
quarters, has been predicted, and the rates of interest
already show a tendency to yield. It may be well for
us to know what are the chief causes of that stability
and strength for which our banking and financial
machinery is now so conspicuous.
Of course, the most notable cause of strength must be
found in the economy of our people throughout the
country, and in the consequent increase of our wealth
Mr. Burchard, of Illiu' is, one
and productive power.
of the r.blest members of the Committee of Ways .and
Means of the House of Representatives, contund.-', with
much show of reason, that there has never been a time
in the history of the United States in which our national
growth in solid wealth, in productive efficiency, and in
all the elements of industrial life and strength, was
interest
We
cannot admit quite so
over at this time. The only point we make is, that the more rapid than at present.
act, in thus forcing their re-issue, and at the same time much as this when wo observe other indicalion^, especially
taking from the Secretary the power to sell his bonds for in the Western, Southern and Middle States, of the
'
—
April
THE CIIRONICLK
20. 1878.]
severe shrinkage in values which has been so general in
Europe as well as in this country. Among the evidence
on this subject
we would
Messrs. Dun, Harlow
&
point to the recent report of
Co. of couamercial failures
in
three months of
the United States. During the
number of failures has been greater than in
first
1878, the
any similar period for many years, and the amount of
been considerably increased, as will be
losses has also
seen from the subjoined table:
CUMMItllCIAL FAILURES, JANUARY TO
Quartrr EntUng
-i,iu»
J.
aHd TtrrUoHet.
,._. ....,,
V
Su-
Wcftfm
ai,
yo.
ISX.
Here we have another of the compensations
banking law. Such banks as
are not controlled by that statute, are not limited as to
their reserves any more than as to their capital; but the
effect of the ample capital and heavy reserves of cash,
which the law exacts from the national banks, is to
impart a stability to the whole of the banking movesystem.
arising out of the national
ments of the country; and there
is
little
doubt that
two conditions we owe much of the firmness and tranquillity which has marked the financial
to these
MAROII, IS76-1S78.
Qvartrr Ending
MarcliSl.in-.
Qna) ter EntUng
Marchi\,\sr<t.
Amount.
m.
Amount.
Ao.
Amount
jjg
$11,016,974
418
16,79!!,408
447
$14.«U8,C95
960
31,274,606
918
:3,3li8,3S4
872
483
11,699,029
384
6,668,891
4S9
9,737.600
1,218
25,014,081
9M
15,M5,898
918
17,610,996
iL'9
Slates
Murch
379
.
Sl.447,603
movements, not only under the pressure of the recent
most of
the fourteen or fifteen years which have elapsed since
the national banking system was founded.
transition towards specie payments, but during
Piclfic States and Territories
166
Total
i,:M5
Dominion
of Canada.
2,074,136
$83,078,826
5:5
$9,100,929
180
S,ai9,M9
80
1,639,663
859
$&1.538,070
8,806
$64,644,156
tr.sie.sii
4ir
$7,417,238
57J
Making due allowance, however,
for these facts and
SA VINQS BANKS A NECESSITY.
Many circumstances have combined to give especial
interest
at
present to the condition of savings banks.
there been many failures among them,
the
savings-bank
but
system itself is undergoing, more
Ukat, since the panic of 1873, a wholesome spirit of
economy has grown up among our people, and that as a peculiarly than most other financial systems, a process
consequence of industry and thrift, there is a gratifying of transition, under which, as we have more than once
•ccumulation of wealth, attended with a rapid and remarked, the failures are but incidental symptoms and
for other evidenae of like character,
we
freely
concede Not only have
wholesome industrial growth, such as is claimed by Mr. accompaniments of the change, rather than evidence that
there is no soundness left anywhere. A very recent
Bnrchard and his friends.
Secondly, it must be reckoned as one fundamental circumstance is that the bond dealers report a very
cause of the strength of the financial situation that our
extraordinary
demand
for small
Government bonds, and,
banking system has for its foundation so large a basis of as far as the source of this demand is traceable, it springs
capital.
On another page we give the statistics of the largely from among classes who are or have been savings
In some degree, this is to be taken as
national banks according to the last report of the Comp- bank depositors.
troller of the Currency.
An examination of the figures indicating a loss of present confidence in the banks, but
shows how large is the capital of our national banking it is perfectly evident that small bonds however useful
system in proportion to the work it has to do. In Eng- in their way can never take the place of the bank, nor
If the present system cannot be
land, the joint-stock banks have a much smaller aggre- can anything else.
safe,
there
made
can
be no substitute except the quesgate of capital, though their deposits amount to a much
tionable
one
of
a
Government
bank in some shape; hence
greater total. By the last reports of the joint-stock
banks of England and Wales, their total capital through- the greatest interest attaches to the study of the banks'
—
—
out the country was reported by the Economist of October 20, 1877, at £31,216,235, and the surplus at £11,412,233.
and other
The followi :;( is a comparative statement of condition
and surplus of the Eng- of the banks of this city, which hold about 60 per cent
$213,142,340, and their deposits of the total savings deposits in this State
The aggregate
lish joint-stock
banks
is
condition as a whole.
capital
liabilities are $871,478,{-20.
:
The
deposits of
our national banking system amount to $610,620,668,
while the capital, surplus and undivided profits amount
to about 650 millions.
In the large basis of capital on
which our national banking system rests is one of the
benefits conferred by the system on this country, in
return for the privileges with which the national banks
have been endowed by law.
Never before in the
United States
has
the capital of our banking
system been so large in proportion to its liabilities.
Ill Great Britain, as we have seen, the banking capital
on which rests the stupendous mechanism of British
finance, and the pressure of the clearing-house opera-
Mortgages held
U. S. bonds
All stocks and bonds
Jan. 1.1878.
JulyX.l&V.
$64,126,814
$56,921,328
60,384,600
60.360.873
48,819,790
117,804,209
121,897,710
114,914,209
Kealestate
Total assets
Total liabilities
Deposits
Surplus
No. of accounts
.
858,951.362
5,556,960
5,457,737
4,988,365
196,03.3,763
302,666,631
£00,452,900
176,986,894
181,478,347
179,690,584
176,261,335
181,367.019
179,116,355
19,0C6,849
21,088,400
30,762,285
457,775
466,684
459,055
363
388
J83
Average account
The changes
./iin. 1, 18:7.
between the dates named
have been affected somewhat by the change in the
method prescribed by law for valuing securities, but
much more by the failure of several banks; hence, more
accurate conclusions can be drawn by noting the relative
movements
of ihe several items; for this purpose we
tions for the commerce of the world, the capital stock of
append
a
comparison
of the ratio of several items of
all the banks, including the Bank of England
itself, is
assets to total a.ssets and of surplus to deposits
much
smaller in proportion to the aggregates liabilities
inTolved. In France, in Germany, and in other nations
of Continental Europe, the statistics show a similar state
in these figures
:
,/an. 1,18 8.
Mortgages, proportion of total assets,
U.S. bonds, proportion of total assets
Real estate, proportion of total assets
Surplus, ratio te deposits
Jutyl.xm.
i7-t
37 6
29-8
SO'8
2'8
Jan.l.Vfn.
S9°4
34'3
2'4
27
banks bears in the aggre11'6
10'9
117
than in this
The absolute decrease in mortgages which, however^
ountry. As the figures have been frequently compared can be ascribed to the reduction occasioned by failures
and exhibited, we will not here repeat them. It is is noticeable in both hijf -yearly periods, but during the
aflicient to refer to the fact, which has
often been the first half of the year there was a. considerable relative
-ubject of comment among economists here
and in decrease. Much more significant is the heavy increase,
Europe.
both absolutely and relatively, in Government bonds, and
must not omit to notice the large reserves of cash in this connection it is not uninstructive to remember
which are held by our banks, and which constitute one that the failed banks were not of the class which were
of the fundamental sources of strength
to our banking considerable holders of governments, relatively speak-
of things.
The
capital of the
ate a smaller proportion to the liabilities
'
We
—
—
THE CHRONICLE.
380
ing.
Of
course, this addition to the holding of govern,
ment*!, resulting
from purchases, by some of the largest
bank?, of the issues recently on the market, is not uniformly distributed; and, if we take the ten largest banks,
havirg combined
161 millions,
assets of over
we
2 provides that any aggrieved person may within thirty
days take appeal to the State Supreme Court, which is
of given full power in the case.
The act which is limited
:
Mortgages— proportion of
1, 187S.
31 "14
total assets
—
Jan.
1, 187-,
S3 02
53'13
Stock investments proportion of total assets
Real estate— proportion of total assets
54"43
3'23
3'9t
Surplus —ratio to deposits
10 85
1078
In this last table, in the absence of the detailed official
which, although it has been sent to the
Slate report
—
Legislature,
is
not yet through the press
—we are unable
to give the governments separately, but as the total
holdings of stocks and bonds increase,
it is
not unreason-
able to suppose that governments have at least held their
throughout the State. In the
whole State, the number of accounts opened and closed
respectively was: In 1876, 187,677 opened and 181,399
closed; in 1877, 1^3,461 opened and 169,536 closed.
Although the number opened was 4,216 less than in 1876,
the number closed was 11,863 less, so that the change
is an encouraging one under the circumstances; further
encouragement may be found in the fact that, notwithstanding all the causes which since the panic have combined to make the wages-earning class both unable and
unwilling to deposit as formerly, and notwithstanding the
deductions to be made on account of failures, there was
in the total savings deposits in
an increase of $33,740,0
the Stale during the three years ending January 1, 1877.
In summary, the movement is a decline of deposits and
of amount deposited during the past year; opening more
new accounts than were closed; a decrease in mortgages
and an increase of government.*, both absolutely and
relative proportion in assets
I
.
an increase of real
relatively;
estate,
in
both these
decrease in the amount of the average
respects;
a
account.
The
increase in real estate
of course, an
is,
undesirable change and an undesired and unintended
one;
it
" or wholly revoked, whenever in the judgment of said
" Commissioners the welfare of the depositors in such
" bank may require." This is section 1 in full; section
find
that although the decline of deposits, in case of five
them, was such as to reduce, during the year, the com'
bincd assets of the ten nearly a million and a half, and
although three of these five were obliged to sell their
governments largely, the whole ten together increased
their holding more than three millions during the year;
seven banks of the ten added $5,788,000, and three
For the entire State, the comfailed with $2,703,000.
given
is as follows
of
ratio
as
above
parison
Jan.
[Vol. XXVI'
represents, almost exclusively, property taken on
in
duration to three years
—adds
—
to the usual 60-day
option a special power to interpose a stay, which
made
" runs."
this
is
unlimited, the object being, of course, to prevent
No
State.
such provision has been enacted as yet in
savings banks should
All criticisers upon
remember that the
losses
have not been incurred on
stock investments (except on Southern State bonds), or
on mortgages made with decent intelligence, but have
resulted from lending on collateral or poor security, and
from favoritism; further, that on the total the percentage
deposits has been slight.
Unnecessary
banks have been started, as instrumentalities by which
certain persons could collect and borrow for their own
use the savings of the wages-earning class, and such
banks have generally failed. The fault has not been in
the multiplication of banks, but in their wrong distribution, for there are over 100 cities and towns in this
State having more than 5,000 population,
while
only 77 places in all have banks, and more than
twenty counties have none.
The fault is not in
the system, but in the perversion of it, favored by a very
loose law and a State supervision which was a deception
say was, for both the law and the
and an injury.
supervision have been changed. The rt form, which in
the case of life insurance is yet to be made in State
guardianship, has been made as to savings banks, and
thus the bi;ter lesson of the past has not been in vain as
of lost savings
We
respects the savings
To
system.
substitute
another
scheme for it is unnecessary and unpromising; all that
is now needed is to execute in good faith the law as it
stands, and keep back the savings bank in the line of
work it is fitted and was originally intended to perform.
THE REPEAL OF THE BANKRUPT LAW.
From
Bankrupt law is
all present appearances the
doomed. The recent vote in the United States Senate
a vote which was a fair reflection of public sentiment
shows that the attempt, which is now being made to
have the law repealed, is but little likely to experience
any serious opposition in either branch of the National
Legislature.
It has never been popular; and we believe
as soon as the process of we express the sentiments, not only of the general public,
acquirement in that manner reaches its height and things but of the business community, when we say that few
settle a little, the property taken will be gradually dis- will regret the hour which sees it wiped out of the
posed of, according to the law, which does not contem- statute book.
foreclosure, and, of course,
plate
more than
a temporary ownership of real estate.
In other respects, the
movement
healthy and desirable, and
of assets
so, also,
is
is
altogether
the decline in
It is
is
now
eleven years since
nearly four years since
it
it
went
into operation.
It
underwent, in some of
its
In neither of
its
provisions, considerable modification.
average account, which is most noticeable in thia city; forms, however, has it commended itself to general favor.
hare it rose from $281 in 1866, to $390 in 1876, but has The obj ctions to the law are numerous. There can be
declined now to $363.
no doubt that there is something in it which conflicts
Only a few weeks ago, induced by the failure of several with our republican ideas of liberty; and most unquesbanks in the eastern part of the State, a law was passed tionably there are many persons who are of the
in Massachusetts which provides that " whenever, in the opinion that the law in its present form is opposed to
" judgment of the Board of Commissioners of Savings
" Banks, the security and welfare of the depositors of
*'
any savings bank in the Commonwealth shall require
" a limitation or regulation of payments to its depositors,
" said Board may, by an order directed in writing to
" such bank, limit and regulate such payments in time
" and amount as the benefit of all the depositors may
" require; such order shall fully express the terms of
" 8aid limitation or regulation; and it may be changed,
principles supposed to be
with States' rights. These, however, are not
the principal objections; for no one can deny that, in a
community like ours, a judicious bankrupt law, gen-
some of the fundamental
identified
erally applicable throughout the several States of the
Union, is at once desirable and necessary. Without
such a law there would be but little protection for the
trader beyond the limits of his State, and without protec-
tion there
would be no
confidence.
As
confidence be-
.
.
THE CHRONICLR
Apnii- 20, 1878.1
331
ooBtracted by the iMue of Exchequer bllU, aod leave from £l/iOO,tween man and man, between one firm and another, is
000 to £'3,000.000 to be disposed of '.n the next financial year. At
certainly
there
trade,
one of the essential requisites of
a critical time like the present, It la nl course difBcult to make
ought to be a \nw which, in certain circumstances, would any correct estimate of Income and expenditures, and the present
afford relief to the debtor; while, in all circumstances, calculations can only hold good.thereloie, as long as we keep out
The real objec- of war. With regard to the revenue of the past year. Sir Stafford
it would give security to the creditor.
tions to the system, as
now
it
exists, are
that
it
is
Norihcote remarked that the result had been very satisfactory,
The castomii, he
iind had fully answered his expectations.
extremely complicated, and that its workings are cumobserved, had exceeded the estimates by £119,000, stamps, by
bersome and intolerably expensive; and these objec- £80,000, land-tax and house duty, by £110,000, income tax,
tions, undiminished in number and in all their force, £280,000, PiJSt OlBce, £50,000, telegraphs, £10,000 and miscellaneous, £47,415. The only falling ofl was in the Excise, which
still remain, in spite of the tinkering processes to which
had been diminished by £30,000. The revenue had, in fact,
at different times the law has been subjected.
For these reasons,
particularly in
cry for
was
repeal.
its
over the Union, but perhaps produced durin;; ilie year £79,703.293, being In excess of the
estimates £01 (",398; but he was of opinion that- a moiety of
is a
that amount was due to the fact that, in consequence of reports
like the Bankrupt law of 1837, it
the duty on tea and spirits would be increased, large fupplies
all
the South and in the West, there
that
and
called into exi^tence for a special purpose;
that law, having served
its
purpose,
it
is
like
destined to
ef those commodities liave recently been
The expenditures
withdrawn from bond.
of the past year have been £78,903,
19.i,
of
be which £30,054,335 were in connection with tlie public debt,
the military services, £13.982,55-3 civil services and
no doubt that, sooner or later, another measure, hav- £37,000,750
£7,775,850 for services in connection wi,h the collection of the
ing the sa'ue ends in view, but less complicated in its
revenue.
On the wliole, on the ordinary figures tliere was a
machinery, and less cumbersome as well as less expen- surplus of revenue over expenditures of £859,803; as, however,
disappear
from
the
There
book.
statute
sive in its working, will take the place
can
of the present.
good system that it be easily
becomes a farce when it is
It is the first requisite of a
put into operation. Law
within the reach only of a special class. It is equally a
farce when it creates or aggravates the evil which it
pretends to cure. It is no exaggeration to say that the
present Bankrupt law is open to every one of those objections. Such are the expenses connected with its operation
tbat the poorer class of tradesmen are completely shut out
from its benefits; and it is only in rare instances, when
the estate is not unusually large, that the promised dividend is not more than swallowed up by the fees of
register and marshal and clerks.
Let us hope that the
new law, come when it may, will be better adapted to
the ends of justice.
l^tonctavijICommcvcial'^uoUsTtltcius
tl\
fUt
>(C K \C.U V V4JM i
r kOI^OON
^XCUANUR AT LONDONAPRIL
OH—
EXCHANGE ON LONDON.
5.
LATEST
DATE.
niiB.
AmstcrJnm
Amsterdam
fhort.
...
1
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Berlin
*•
(hirt.
3 months.
rui»
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t^ennt
St. Petersbarg
*»
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Cadlx
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£^.85
&sa.«7
a£G.67
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u.so
a'^sss
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l^)j.50
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...
Antwerp
ftriB
90 days.
3 month*. 88.30
N»plee.
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Oeuoa
New York
Rlode Janeiiu.
•'
8.-J0
short
12.12
5.
3 moB.
i.
short
5.
20.41
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20 41
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60 dayc.
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3.
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i.
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3.
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U. 9 l-16rf.
HXd.
It.
U.
it.
Smos.
I
d.
iHd.
97%
IFrom onr own correspondent]
London, Saturdav, April 0. 1878.
The ChanctUor delivered his budget speech oq Thursday
evening: it was await>d wiih more than the usual interest, on
account of the nee B>ity which has arisen (or increased taxation,
owing
to ilie
heavy expenditures now
yards and arcenals.
Tlie additional
beinsr incur.-edat
money
required
it is
ourdrck
proposed
summ<ry way; and chiefly by an addition of 2d. in
income tax— that is, making it 5d. instead of 3d. as at
Tin t.i>bicco duty is to be augmented by 41., viz from
to raise in a
the £. to
present.
ih-1
,
an average rate of
3i. 2d. to 3s. 01.
to increase ilie tax on
be no war,
it is
dogs from
anticipated that the
will bo sufficient to pay
c
ff
per
lb.;
and
it is
5s. to 7s. Od.
augmented
also proposed
Afsumirg there
revenu")
derivable
tome of the loans which have been
With regard
the year of .£2,040,100.
to the
new
financial year,
the Chancellor estimated the total expenditure at £81,019,676,
and the income at £79,400,000, showing a deficiency of £1,500,000,
which he proposes to meet by augmenting the taxation of the
country in the manner alluded to. This ie not regarded as altogether satisfactory, mora especially as the number of small
incomes exempt from tax has been very considerably increased.
An
increase in the spirit and tea duties and an additional
penny
income-tax would have satisfied public opinion, ao all
classes of the community would have been contributors to the
to the
war expenditure.
As
it
is,
the chief burden will have to be
borne by those whose incomes are £300 a year and upwards.
The money market Itas been without any important feature
during the week. The Bank return published on Thursday shows
changes incidental to the close of the quarter, and to the financial arrangements wuich have lately been in progress.
The Bank
is now paying the dividends on a portion of the Public debt, and
the neit return will exhibit equally large changes. At present,
the proportion of reserve to liabilities is 3206 percent, against
33'18 per cent last week and 33(5 per c«nt last year bu', unless
there should be war, thsre is, perhaps some hope of improvement. In spite, however, of the scarcity of commercial paper,
the tendency is for money to become dearer, as lirge financial
operations are now in progress with the Government, and increased
amounts of money are being circulated, in consequence of
the largely-augmented Government expenditure; but it is yet very
uncertain when a further advance will be necessary. The state of
the political world is, of course, entirely adverse to any improvement in business. The resignation of Lord Derby and the de-'pateh
of Lord Salisbury have both created a profound impression
throughout Europe, and the replies of the various governinentg,
and especially that of Russia, to the British view of the fcituation
is anxiously awaited, as upon it the (juestion of peace or war
depends. Meanwhile, our naval preparations are on a formidable
scale and our army small as it is, compared with the vast hosts
which are ruining the Continent— is larger than at any former
period, and, may it is hoped, be relied upon to protect our interests.
Next week there will be a great debate in the two Houaea
of Parliament, but the Government is gaining strength daily and
must now have a very large majority, la fact, owing to the
prospect of a renewed agitation aga'nst the Government respectiig their foreign policy, the Marquis of Hartington was informed
tbat the support of some 60 to ?0 liberals could not be relied
upon, those members of the II use being of opinion that, in a
crisis like the present, their first duty was to support the Government, whose aim is in the direction of peace. So3ie may say that
ihe method of securing peace is
strange one but events most
prove which is the correct policy to adopt that of being prepared
for every emergency, or that of lettlnjf things lake their chance.
Her
It is already seen that Russia is an anscrnpnlous Power.
but
treatment of Roumania is aloae sufficient to prove this
there is some reason to believe that Lord Salisbury'* note, instead
of isoluticjT England, is driving Russia into a corner, and we may
;
—
;
Apr.
Apr.
Har.
Apr.
Apr.
60 days.
CalcntU
Hong Kong..
BhacEbai
..
'<5.I5
B.
a«8.M
a,8«.SS
.
Bomoay
5.
Apr.
Apr.
Apr.
Apr.
Apr.
Apr.
Apr.
Apr.
"
Usbon
Apr.
months
Himbarg
Frankfort
AND ON LUNbtlN
£3,500,000 had been spent within the year out of the vote of
was converted into a deficit on
credit of £0,000,000, the surplus
!i
;
—
;
safely say that
European
if
the Russian Government declines to respect
Europe will be arrayed against her. This
interests,
:
:
:
:
—
:
THE CHEONICLE.
382
would mean
peac», though it might involve Russia in domestic
England, however, and, it is presumed, the principal
European governments, only require a just settlement of the
present question, and one which shall be durable
and the
chances are, I should say. that Russia will give way. She will
not accede, nevertheless, to European wishes, unless she is threatened, and her Government may yet endeavor to play a subtle
game.
The following are the present quotations for money
trouble.
;
Bank
Ir'erceut.
3
rate
Open-marketratcs
aOandeOrtiys' bills
]
|
1
Smonths'blUs
iH@1'/i
i
2X@aji
!
Opoa-market ralea
4 months' bank bills
6 months' bank bills
land 6 months' trade
f-erceni.
2%&i
bill?.
27i®3
3 ®i}i
[Vol.
XXVI.
hoped that the Government will not be weak and vacillating
when the supreme hour arrives, and further opportunities be lost.
The following
cities
are the current rates of discount at the leading
abroad:
Bank Open
rate,
p.c.
Pans
"a
.Amsterdam
3
Bank Open
mark't.
p.c.
3
Berlin
4
Hamburg
4
3X
4
3>i
4
3H
IX
rate.
p. c.
Vienna and Trieste...
Madrid. Cadiz and Bar-
4X
celona
Frankfort
Leipzig
Genoa
Geneva
5
3
Brussels
2%
3
2X
mark't.
c
p.
4
6®!
Lisbon and Oporto
St. Petersburg
New York.
5
4
Calcutta.
Copenhagen
iX&^
4>i@5
The first series of colonial-wool sales for the year, which combanks and menced on February 36th, terminated yesterday. The quantity
The rates of interest allowed by the joint-stock
discount houses for deposits are subjoined
catalogued comprised
:
:
Per cent.
Joint'StocE hanks
,
1
Discount houses at call.
Discount houses with 7 days' notice
Discount houses with 14 days' notice
".!'...!
"...
1
'..'.,'/,]'.','.].
',
I
%
...........AH
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
No. 40'8 Mule twist, fair second quality, and
the Bankers' Clearing House return, compared with the four
previous years
cotton, of
IS74.
1S75.
187a.
1878.
1877.
Circulation— including
£
bankpostbills
97,035,469
Public deposits
6.^86,i39
Other deposits
19,684,207
£
£
£
£
«,517,583
6,15(i,837
27,811,954
7,6:4,937
28,718.977
9,916,041
Government securities.
28.210,449
9,853,35j
23,194,680
16,385,908
24,552,962
18,t7S,M3
20,62?,'.)56
13..583,il8
Other securiiies
20,282,365
Reserve of notes and
„«?in
10,517,1.39
Coin and bullion in
19,7GJ,741
14,555,311
18,702,84J
S2,851,U3
8,697,447
12,979,685
12,578,518
both departments... 2 J,250,839
Proportion of reserve
22,558,C67
I3.8a!,274
to liabilities
...
82,jl.i,613
15,308,1196
10,e8.%983
•
....
3>tf p. c.
25,458,336
25,981,683
45?J
•
'
23,612,933
33-06
3 p. c.
33Ji
Bank-rate
3X p. c.
S p. c.
8 p. c.
Consols..
s,8ij
94^'
93J,j4Ji
English wheat,av. price
603. 3d.
438. 5d.
43s. 4d.
Sis. Id.
463. 9d.
Mid. Upland cotton...
8>id.
7 15-16d.
6 9-lbd.
OWd.
No. 40'8 ranle twist.fair
2dquality
Is. O^^d.
Is. 0«d.
Is. OJid.
ind.
lOlid.
Clearing House return. 91,072,000 120,313,000 126,668,000 :8,152,000 116.775,000
M%
There lias been a moderate demand for gold
Germany, and in the absence of foreign supplies
for export to
any magnitude a moderate quantity has been purchased at the Bank of
England. The silver market has been quieter, the amount of
of
business doing on United States account having very perceptibly
decreased.
The prices of bullion are now as under
GOI-D.
l"9i'^','','''°i'
Bar Gold, reQnable
Spanish Doubloons
South .".murican Doubloons
United States Gold Coin
German sold coin
ptroz.
SILTEB.
Bar Silver, fine
Bar Sliver, cou'ng
Mexlcim Dollars
5 grs.
Gold
Spani.ih Dollars (Carolu»)
Five Franc Pieces ....
Quicksilver,
d.
8.
per oz. standard. 77
per oz. standard. 77
per oz., nominal. 74
per oz. 73
per oz. ';6
••,
per oz. standard nearest.
"
per oz.
"
per oz., last price.
per oz
per oz.'
f,d.
Discount, 3 per cent.
6.
d.
9V@77
10
llva
76
9
@
@
....
'
Si^a&re'i
3>ia
....
d.
54V
5{Z
iaU
.".'
d.
a
a
a
'
"
a""
ffi""
£7 2s.
material change was apparent at the weekly sale of bills on
India at the Bank of England on Wednesday. The amount
No
was £503,000. Tenders on Calcutta and Madrss at
8 11-lGd. received 4 per cent and above that price iu full.
Tenders on Bombay at the same price were entertained in full.
Another Treasury loan has been tendered lor this week, the
Government having announced a further issue of three and six
months' bills to the extent of £2,508,008. The tenders for three
offered
Is.
months'
amounted to £4,464,000, and for tlx months' bills to
Tenders for six months' bills at £93 133. 9d. will
receive about 75 per cent; and for three months' bills at
£99.
bills
£2,909,000.
6.S.
Cd. in lull.
No
The Government is
tenders below those quotations were accepted.
therefore paying about 3| per cent for money.
For six months' bills, the quotation is exactly that figure, while
ior three months' bills it is £3 143. per cent per annum.
Business on the Stock Exchange has been excedingly quiet,
but the tone has been firm during the last few days. The
despatch of Lord Salisbury was the cause of considerable depree-
Bales.
43,593
Sydney and Queensland
Victoria
South Australia
101,538
38,587
SwanRiver
Tasmania
i6
New Zealand
....
Gape of Good Hope
Falkland Islands
Total
l^Qi9
15,149
31,601
600
232,013
estimated that 30,00) bales were withdrawn, and that,
altogether, 36,000 bales are held over.
The series opened with
a very large attendance of buyers from all partsi, and at prices for
all descriptions of wool fully equal to last November-December
average rates. For about a Ibrtuiitht, the market continued firm,
with keen competition between home and Continental buyers, it
being evident that immediate wants had to be supplied. Superior and good flocks, either scoured, washed or greasy, sold
throughout at prices about equal to, and in some instances at a
It is
slight advance on, last November-December best, rates.
Medium
and inferior description-), however, notably greasy Sydney and
Adelaide, eventually declined Id. to 1} d. per lb. Irjm the highest
point. Flf-ece washed of an ordinary merino quality was particularly scarce, and throughout realized good prices. Lamb-i were
also well competed for at veiy high prices.
Half-breds continued
firm at last sale.s' highest rates for some time, but eventually
declined |d. to Id. per lb. and continued steady on thi.-i basis to
the close. For the best scoured Capes opening rates were maintained, but there was an advance of ^d. to Id. per lb. on medium
and inferior sorts, the market being sparingly supplied. Fleeces
and greasy ruled low throughout, with little variation. It is
estimated that 135,000 bales were taken for export.
The disorganized and unremunerative state of trade iu all the
manufacturing districts, coupled with the critical and warlike
aspect of political affairs, had a depressing influencj on the
market towards the close of the series, English buyers particularly acting with great reserve.
Ijiporters, however, were not
inclined to submit to any serious decline in prices, and heavy
withdrawals were made daily, chiefly in medium and faulty
descriptions of clothing.
The Manchester Examiner of Monday last contained the
following with regard to the recent great commission case of
Williamson vs. Barbjur
" This great commission case, which some months ago excited
so much interest in commercial circles, was settled on Friday by
mutual and friendly agreement. It is no doubt better for all
concerned that it should have been settled in this way. In the
opinion of nearly all commercial men, it was not a case for the
technical decision of equity law, but oueht rather to have been
submitted to a tribunal of commerce. We are informed that had
tlie case been pushed to the " bitter end," it would Iiave taken at
least ten years before a final decision could have been obtained
from the Hoase of Lords. In view of such a prospect it is not to be
wondered at that a coaipromise has been arrang d. A compromise out of court was almost imperative for various reasons.
Mr. Robert Barbour the principal defendant, is now upwards of
80 year.s of age, and the prospect of a prolonged lawsuit must
have been appalling to him. Then, Mr. Charles Stewart, a late
partner in Messrs. Robert Barbour & Bros., who had had the
entire charge of Messrs. Williamson Bros. & Co.'s account, died
since the lawsuit began in 1873, and his estate could not be
:
divided until after the termination of the suit. If it be further
con.''idered that the present acting partners of Messrs, Robert
Barbour & Bros, were almost unable to attend to business during
the progress of this gigantic suit, it will be seen that it was very
desirable on their part "to buy peace" even at considerable cost.
It may be interesting to mention that, although the trial took
place nearly fonr months ago, the official judgment of the Master
ol the Rolls has not yet been issued."
numerous and widespread enough now, and that
she could not easily be Induced to seek their extension.
What
we possess, wo feel bound in honor to retain, and will retain
and maintain at any cost. As the week closes, the tendency
appears to be more pacific, wliich may be regarded as due to the
We have had a week of favorable weather for the winter crops
and for the newly-sown seed. Vegetation has not made rapid
progress
Some opportune rains have
but that is beneficial.
fallen, and it is regarded In all quarters that the agricultural
prospect is still very satisfactory. In the state of the corn trade,
there has been no important change.
Buyers operate with
caution; but the risk of a war with Russia induces holders to
demand full terms. The wheat market cannot, however, be
regarded as altogether firm. The deliveries of the English
farmers are small and of poor quality. The imports are sufficiently large to induce millers to buy cheaply for the supplj of
decision of the
actual wants.
but
tone having been favorably regarded iu. France,
Germany, Austria and Italy, it has since been hoped that there
will be in future more European concert iu the cau.?e of a
eion,
its
durable peace. This is very much to be desired; and of this the
world may be well assured, that England's possessions and protectorates are quite
Government
to
pursue a bold policy.
It is
to be
;
—
:
Dariofr the weok ended March 80, the sales o( home-grown
the 150 principal mirketa of England and (Vales
whent in
amounted
to 83,503 quarters, ngaiost 87,793 quarters last year;
eslimatud that in the whole kingdom they were about
130,000 quarliTB, against 151,300 quarters. Since harvest, the
deliveries In the 150 principal markets have been 1,315,85-1
quarters, utfainst 1,459,778 quarters and It is computed that in
;
the whole kingdom they have been 5,333,500 quartt-rs, against
the correspond iu(; period of last year.
•'5,830,000 quarters in
Without reckoning the supplies furnished ex-granary, it ia computed that the following quaniities of wheat and flour have been
placed upon the British markets since harvest:
18re-7.
187&-6.
cwt.
cwt.
Import* of wheat
Importa or flour
31,475,041
cwt.
8«,9M,t13
81.6.33,445
6,1li3.1S3
ai.»J8,T«
3.5<»,MJ
Bales of bome-Kruwa produce
3i.80j,'i00
3j.3a2,.'i00
4.0i2.167
24.431,500
4.802,318
32,365,200'
)8T7-8.
Total
roaaisN mroaTs at
49,751,316
6J.2JD,5S1
458. 6d.
58,004.067
show
49d. td.
1870.
11,6^9.593
3,403,6a»
1877.
$1. 466,859
6.354,879
16.117,777
106.876,29!
$.5,063,429
t«.821.33S
90,761,536
(112,994,0[i8
$99,678,829
. .
Total for the week.
Prevloosly reported
Qeneral merchandlae.
Since Jin.
1
439.111.
produce into and from the United Kingdom since harvest, viz.,
ttom the 1st of September to the close of last week, compared
with the corresponding period in each of the three previous years:
94,614,907
Wheat
IndianCom
Hour
1876-8.
1874-5
33,953.<C;3
81,6)2,445
9,429,1(2
4,972,317
1,044,820
l,43o,218
8,630 33
4,303,318
B,8I8,4S8
5.9liO,:85
805.!191
8,1^,-43
6,541,li72
956,036
2.202,614
13.316,tl5
4,032.167
2,788,541
18,539.034
8,565,660
17,780,»7I
6,803,168
BXPOBTO.
Wheat
CWV.
1,10';,4(8
Barley
OatB
621.358
22.344
75,016
36,514
77,778
Peag
Beans
IndianCom
I'lnar
19,(125
S4,!i38
I.3.Cf.7
18.399
298,717
21.980
5.732
31,:W3
13,823
87,931
172,183
151,890
42,674
15,132
!,470
36.356
16!,8S7
18,e98
173,659
15,t;02
122,7:12
4I.6i.i
itarKet Koporta— Per VabU.
Thedaily closiac^quotationsinthe markets of London and Liver.
pool for the past week have been reported by cable, as shown in
(Ctt^llan
summary
London Honey and Stock
the followini;
Mitrket.
— The
Bank
bullion in the
of England has decreased £334,000 during the week.
8at.
Mod.
Tnea.
Wed.
Thar.
OoDioia for money.
"
S5 1-16
.
account..
54 13-18 91 16-16 9( 15-16
95 1-16 94 15-16
947i
109
109
MiJi
107)^
107
106X
105«
105J<
lOIX
lM>i
104»i
1-16
D.8.6a(5-»06)18«7....1(!8J<
0.8.19-40S
BsoflSSl
')5
It6)i
New4X9
lAv»mool
(Jntton
'•
(.\». f.al.
"
(C.
white)..
••
11
11
White club)... "
Corn (new W. mix.)
Feae (Canadian)
«
quar. 25
oaarter. 37
fl
..
„
.
one week later.
is a statement of the exports (excluwivi^ of,specie)
from the port of New York to foreign ports for the wee^ endinir
dry goods
for
The following
April 16:
mOX SVW
$4,5)3,403
64,872,249
$69,758,418
$69,895,652
Previously reported....
Since Jan.
1
TeRK rOB TBI WIBK.
1875.
$4,151,869
62,601,149
Porlheweek
25
9
86
—
37
(flno)
••
48
2?
86
6
6
6
—
farnontlne.. ..
jvereced (Amer. red)
:
8.
parison of the total since Jan. 1, 1878,
totals for several previous years
Apr. 10— Str. Columbus
Apr. 11— Str. Uolaatla
Apr. 13— Str. Clly of
81
40
Havana.
40
Mon.
^-
15
51
BnKar(No.l9D'chatd)
on spot V cwt
83 6
SPermoil
» tan. .72 00
Whaleoll
.sS
••
Unseed oil., .y ton 8010
u
*• ^8 15
6
*•
83
35 n
36 15
I
5
11
11
11
„:
«
?
£
S"
§
1
8
86
37
Thnr.
s.
6
6
27
37
n
63
d.
Frl.
d.
a.
99
80
48
27
«^
8
§•§
Ox;
87
63
^
Wed.
Tout,
a.
10
Pri.
a.
d-
d.
b. d.
53
d.
53
ifrt
a.
10
10
10
7
7
39
'
For. f^old coin
40
""»'
imports
1,
.
.
t!30,oro
38
87,047
45,701
$5,844,994
Same time
i
1877
1876
1875
1874
1873
1872
$1.337.061
1
I
18,2«5.:i4S
1869
9.1.67.865 11868...-.
I
17.;)53,4-21
I
7,50a,i.70
I
6
72
a.
8
23 6
007200
X5
£
S=
50
6
23
6
35
26 15
2i 15
were
|5,(il4,.5.-58.
18,.522,75«
1887
18«6
7,960,545
5,815,086
The Imports of specie at this port during the saone neri ids have
been as follows
:
Apr, 8— Str, nermann
Apr, 8-str, Clly of Richmond,
Apr. 8— Str. Claribel
Apr.
Apr.
3— Bri5 Cleta
9— sir. Alps
Bremen
,.
Silver bars
hilvcr bars
Liverpool
Aspinwall
t9<'<',"'3
Amer. silver
Amer. sold
Gold duat
Amer. silver..
Amer. gol
Amer, silver
Belize
Aspinwall
851,638
1,223
5
!,025
1,
Sliver bars
1,190
316,832
A me c. silver
Silver bars
008,312
30O
$2,681,596
5,805,698
1878
$8,488,189
Same time In—
Same time lu—
:S77
$6,142,479
1,474,418
5,271.227
I,141,!i65
1,062,94;
1871
$8,919,461
6.121,827
1870
1869
1888
1867
7.S..8,97«
8,688.101
614,748
691,418
The
transactions for the
as follows:
April 13
15.
16..
17..
18...
19..
week
at the Sub- Treasury
Receipta.
.
Gold.
Currency.
Gold.
$200,000
578 000
$79^.913 41
960.734 6i
398,616 23
596,418 94
771.826 87
276,776 94
$415,184 65
$717,592 3?
91,191 22
31 .',038 89
992,121 97
156,949 45
678,330 97
286,000
36i.000
281,000
167,000
•«
o
as.'ainst
f4,4.6,a04 the preceding week and t4,561.0C3 two weeks oreeJtports for the week ended Apr. 16 amounted to
li.^^o;.,..!'**'
0,930.()I7,R«rain»t 16,490,993 laai week and *6,316,7.55 the preTlou|week. The exports of cotton for the week euded Apr
17
were 3,740 bales, against 8,780 bales the week before. The
fol-
have been
,
Cnstoma.
1,4(10,151 dl
1,036,567 !3
1,094,(118 57
647,731 01
300,388 63
Currency.
58
$499,681
929.768
599,166
743,913
655,295
15
74
33
78
691,651 69
Total
$I,8T8,0:0 $3.»03,277 09 $4,994,645 40 $2,948,834 77 $4,119,479 17
Balance. Aoril 12
107,003,949 43 82,153,775 14
Balance. April 19
107,859,001 75 33,028,911 27
Prom the Comptroller of the Currency, Hon. John Jar Knox,
we have the following statement of the currency moviments and
Treasury balances for 'hree months past
1874
d.
768
SCO
.
.
1
Apr 11— Sir, CI y of Wash'ng'tn,Havajia
12— titr. Adriatic
..Liverpool.
12— Bark Kestrel
Curacoa
13— Str. Moeel
Bremen
Apr,
Apr,
Apr.
Feb.
S8.
March
SI.
$2,0?0,060
1,870,150
$2,740,900
S.027,200
S46,^32.55.l
13,6j3,t'.U
,s4d,3.36,850
13,453,000
67,5C0
322,93.3
903,580
11,628,585
6-,340
11.6S6,799
492,400
12,188,962
XewYork
4,*<l,CO0
Boaton
7,f8t,0ri0
8,787,000
5,872,000
768,000
28,000
184.000
8,500,000
3,956.000
5,046,000
886.000
168,000
187,000
8,894,000
$18,089,000 $13,539,000
$18,088,000
126,888,989
8, 170,490
131.318.156
2,690,765
138,857,606
751,851
10,000.000
42,788,800
10,000,000
48,456.000
57,88S,«I0
Tot»l
l-'r(
£
V/«
8 15
50
$40,001,885
7,322.984
9,747,537
1870
14,«67,uti:)
now on
deposit. Including llqnidatmf;
banks
15
in
1871
g
o
Wed.
Thnr
B a. d. £ 8. d.
398
1878
In
Total held f..r circulation
846 802,060
Bonds held as security for deposits
13,493,003
Legal Tender Notes.—
Deposited in Treasury under act of June 80,
IMPOHTS AND EXPORTS FOR THB WaKK.— The imoorts last
week showed an increase In both dry (roods and genernl
''"''•'
Total since Jan.
Same time
U.S. Bonds held as security from Nat. B'ks.— Jan. 81.
Bonds for circulation deposited
$1,878,103
Bonds for circulalion withdrawn
1,76,3,6(X)
d.'
Cummcvclal and Bt IsccXlaucoxts flcvos.
?f^^o"In''.'''r
.
$203,188
5,041,809
a
2
£
«
'0
7
39
24
40
24
8
007200
1'.
$101,881,185
.For. gold coin
Amer. pold bars..
Amer, silver bkrs.
Hlchmond ..Liverpool.
187fi
8
88
d.
61
S3
83
56
»•
8 15
51
78
*
6
60
48
—
Toea.
''•
$78,147,810
with the corre ponding
.
Paris. ...
1S75
1874
1873
1872
d.
a.
33
21
40
Oil Markets.
1878
$3,930,617
94,950,518
Total for the week...
Prevloaely reported
Total since Ian
§,
Thnr.
a.
d.
10
39
24
38
Wed.
53
10
10
d.
28
37
Tnea.
d.
10
Sat.
,
(Oal.) fl qnar.
a.
39
London Produce and
Uaaeed
M
"77
"
*
.^
ri
-A
.„ -,
Ln.
dc'ke(pbl).ptr..
8
6
Mon.
d.
10
lowrprimcCity)..* cwt.
rlt?
6
6SB3
a.
fliral
;8pitita)
,
I
a.
80
48
87
37
63
8fl
a.
H
4
Tnea.
d.
B-
Sat.
„
Patrolaaai(reflned)
ioi>i
11
11
HO
Mon.
70,548.570
1877.
$5,599 760
187.1.
The followintr will show the exports of specie from the port of
New Tork for the week endin^r April 13, 1878, and also a com-
.•
-?
g'O
107
99
11
9
«- d-
„ , , common)...
Koslnc
I^cwt..
„"
?
^
108V
Wed.
d,
6
99
11
Liverpool Produce Market.
.
88
4
37
50
48
27
36
6)
a.
11
II
88t.
Beer(primeRie8a)iy tc. ..
Pork (W't. mess)... .^S bbl
Bacon(rgcl. m.).... llcwi
Lard (.\merlcan) ... "
Cheeae(Am. ane) ... "
TuBB.
4
Uverpooi Provisions Market.
„
'
(
—
Liverpool Breadstu^s Market.
sat.
Mon.
8. d.
a.
d
Floar (extra State)
»bbl -28 6 88 8
Wheat (R.W.9priuK).»ctI 9 9
99
"
(Ked winter)... ." 11
11
79,179.458
$84,793,998
Total for the week
Prevlonslv reported
Frl
95 1-16
95 1-16
105,V
mx
Stnrktt. — See special report of cotton.
104X
1W"4
18614,968
Amer. gold
1876-7.
21,556.722
b,449,4»3
l.Olil,806
4.140,883
t9;,SS5.8!4
IXrOBTS.
1877-8.
cwt. 34,475,041
9,757,821
6,519,4^5
I87a
(1.47I.S3&
In our report of the dry ufooda trade will be found th* imports
of
31.VH6
the imports and exports of cereal
hiw tosk fob tui wsbk.
1875.
$1,907,721
4,210,058
BXPOBTB
58,217,863
Resnlt
61.4H.0j4
Aver, priceof Bus. wbaat for aeasou 528. lOd.
383
Orygooda
cwl.
68,417.610
117.109
l,14l,3o9
figures
1874-e.
50,391.68a
643,336
6a,58«,4-)8
Uxpocta of wbuat and floor
Barley
Oats
Peas
Beana
,
lowintr ar« tha imports at New Tork tor week endiDs (for dry
goods) April 11 and for the weak aodinff ffor K«naral merehandlse) April 12:
it is
The following
—
:
.
THE CHRONICLE.
APBrii 20, 1878.1
and
:
R.tired under act of .lanuary 14, 1873
769,31*
Total retired ucdtr that net to ((ate
S2,S-<',r)76
.33.381,976
34,151,288
Total amount of greenbacks outstanding. 849,110,414 848,618,a24 317,848,713
Nafionat limk Circulation.—
Now circulation issued
961,640
1,072,800
615,500
Clrculaii.m retired
65,3,118
760,817
621,285
Total circulation ontstandine—Currency... 820 847.690 880,557.8:1 3:0,761,894
l,48%ia0
Gold
1,432,120
1,432,120
Notes received for redemption from—
.
Philadelphia
Cincinnati
»«7,000
61,1100
Chicago
MiscoVianeoua
1«5,0<0
4,171,000
Total
Treamry MovemmU.—
Balance in Treasury— Coin
Cnrnncy
Currency held for redemption of fractional currency
Com certiflcates ootetandlns
10,0(X),000
,
,
,
. .
..
.
OIVIUBNDN.
NAIIE
COMPANT.
01'
April April
:
When
Books Closed.
Cent. Payable (Days
inclusive.)
Railroads.
May
May
»4
tS:
P
Maine
Banks.
American Exchau..
May
May
3
e
National Oitv
5
15.
15.
1.
April 20 to
May I.
1.
FKIDAY, APRII. 19, 1878-5 P. HI.
Tlie ITIoney market and Financial Situation.
To-day,
being Good Friday, is almost a diei non for business j)ur])oses,
"
"
although not yet declared a legal or bank holiday. Notwithstanding this circumstance, however, which frequently causes a
broken sort of week in Wall street, the five days since our last
report are worthy of notice as showing about the most active and
buoyant transactions at the Stock Exchange which have been witnessed this year. The negotiation completed last week by Secretary Sherman had an immediate effect, as it was accepted as an
evidence that New York and London bankers still have confidence
in the credit of the United States, and it also carried a promise of
actual resumption of specie payments at the appointed time
January ]. 1879. The i)racticability of such resumption or the
probability of its permanence, on the terms proposed, it is not our
province here to di.scuss; but as to the conclusions fonned by the
" Street," and the immediate effect on our financial markets, the
above remarks are applicable.
The money market worked more easily this week, and on call
loans the rates have generally been 5 to 6 per cent, while on government collateral some loans have been made at 4 per cent.
Choice commercial i)aper meets a ready sale at 5 to 6 per cent.
The Banlc of England statement on Thursday showed a lo.ss
for the week of i,'2o4,00U in specie, and a reserve of 33 15-lG ])er
cent, against 33i the ])revious week the rate of di.soount remains
at 3 per cent.
The Bank of France gained 14,800,000 francs in
—
1878.
Differences.
1,3.
April 14
18.
19.
107X
:
"
*m
loi
:
wm
*io7
'lOliX »109><
5
my,
*\m\
n5X
lOJ'-i
105!i
105 Si
103>,'
my,
104'/^
Wiy,
»10.'»i
\0i% 102 j<
'lOOK •lOOW
lOOJt'
100?i
•118)4 *118Ji
The range
olass of
in prices since Jan. 1, 1878, and r.he amount of each
bonds outstanding April 1,1878, were as follows:
—Range since Jan. 1, 1878-^
Amount April 1.
>
63, 1881
6i, S-208, 1865,
69, 5-208, 1867
6s, 5-208, 1868
new. .coup.
Highest.
107^ April
I06X Jan.
msy, Mch.
Currency
—
6
101,9(17,100
1:1,887,500
142,P85.70i1
llOi^ April 12
ini*4 Feb.
26
24
101 7i
11
100','
9
16
108-:^ -Ian
,
Registered.
6 8194.3(5.931
f
48,552,650
1075i April
10454 April
106,'i Jan.
Mch.
1043i Jan.
April 13 K2% Jan.
reg. 117« April 5 1205i Jan-
1907
6s,
102 Ji Jan.
105
Feb.
coup.
coup.
coup.
coup.
coup.
coup.
4548, 1891
48.
Lowest.
Feb. 25
IKH
coup.
59, 10-408
68, funded, 1981
226.33;;r
124,2SS,050
61,831,200
64,623,612
Coupon.
88,390,400
58.304,450
808,709,350
21,677,800
51 S-0,600
2f2,102,.W0
75,711,950
18,018,800
Closing prices of securities in London nave Deen as follows:
;
April
April
5.
i
-Kange siuce Jan. 1, IS'i'S.—
Lowest.
Uighect.
April
12,
I
18.
I
0. S. 6s, 5-208. 1867
U. 8. 5a. 10-406
5s of 1881
New 4%
|
'
'
per cents
'
108'i
106!4
105>f
104ii
lOSJi
!06>i
I
108Ji
107
lOSif
xlWJi
104X
I
105K Jan.
i
S
Feb, 21
!04V4l 1(2>4
Feb. 25
!
Mch.
Apr.
109
104'/,
103?,'
1
and Railroad Honds.—There
State
17
109X Jan. 28
loeji Jan. 15
VX.'i Jan. 24
1
nothing particularlynew in State bonds. Louisiana consols have been steadier, closing
The Governor of Virginia, in ])ursuance of the late act,
at 77.
has issued his proclamation inviting the State creditors to fund
their bonds into new ones, to bear 3 per cent for eighteen years
and 4 per cent for 32 years. As the act leaves it to the option of
bondholders to accept this or not, it is hardly probable that anything will be done. The bill to authorize §3,000,000 more of Cincinnati city bonds, to complete the Southern Railroad, has passed
1876.
1877.
,
April
April April
17.
107X
lOTV,
..
IWVS
lOiJi •104
104>i 104>,'
*
New York City Clearing-House banks,
issued April 3, sliowed an increase of f l,579,45u in the excess
abjve their 25 per cent legal reserve, the whole of such excess
being f;13,671,350, against $12,091,900 the previous week.
The following table shows the changes from the previous
week and a comparison with the two preceding years
6.
&
&
&
&
&
&
&
specie.
The last statement of the
April
:
April April
Int. period.
13.
15
16
reg.. Jan.
July. 107«i Vnsi 107,','
conp. . Ian.
68,1881
July. 107% 10754 107»4
6s, 5-206, 1865, n. I... rcg.. Jan.
July. •104X lOlJi 104^i
6s, 5-508,1805, n.i.. coup.. Jan.
July. 104>i 104
10)K
68,5-208,1867
re».. Jan.
July. 10:ji 107
107),'
6s, 5-203, 1867
coup. ..Ian. <fc July. 107>i 107
1066,5-208,1868
reg. . Jan.
July. 'logji *109J,5 •1093i
Ss, 5-508, 1868
c:up..Jan.
JuIy.*!09K *W»]4 *Wiy,
58,10-408
icg..Mar.&Sept.*li'5!i 105*. «10:)*j;
CJ:ip..Mar.
5b, 10-408
Sept. 105?,' 'lOJ^ 1055i
reg..Qnar.— Feb. 10354 1"3H 1037i
56, funded, 1881
5s, funded, 1881... coop.. Quar.— Feb. 104X
l;i4J4
104!i
reg..Quar.— Mar. lOJjJ •I02?i 102!^
IJis, 1891
t^s. 1891
coup.. (Junr.— Mar. Wlii 102Ji 102^
Quar.- -Jan. lOOJi »IOO>i 'lOOU
(8, registered, 1907
'-- lOOJ,
4S) coupon, 1907
Guar.— Jan.
*l(:0>i 'lOCi
63, Currency,lb93-99 re2;..Jan. ,fc July. 118
118
'USX
•Tliia is tlie price bid; no sate was made ai the Board.
««, 1881
;
,
^
cents.
Closing prices at the Board have been as follows
ThefollowlR2 dlTfdendfl havp recenily beec annoanced
Feb
[Vol. xrvi.
returned." The business in government securities in this market
has been tolerably active, the largest public sales taking place in
6s of 1881, five-twenties of 1865 and '67, fives of 1881, and
per
National Banks organized during the past week.
Boston
.
THE CHRONICLE.
384
No
—
:
is
the Legislature.
April 15
Loans and dis.
$34U,S(!l,I0fi 823«,OlS.4O0 Dec.f4,6W,r>10 Ji»9.a3'i,70O J258,2!)7.9G0
Specie...
86,62().7(W
3.^48C.!)00 Dec. 1,133,800
19,7S8,(j<XI
19,4 0,860
Circulation...
19,944,600
19,(169,200 Inc.
14,600
15.904,400
16.2.39,100
Net deposits.. a:,'4 663.2
2fil,9i6,«00 Dec. 2,7.36,600 ?19,9-'6,9'J0 i05,.ol2,5'X)
Legal tenders.
2S,6i:.000
2S,058,li;0 In?.. 2,02a,100
41,-i67,900
38,836,800
is
IJailroad bonds are generally strong and pretty active.
There
a better demand from investors, and some good bonds not sold
.
at the
Board have recently made a large advance.
securities were sold at auction
The following
The following
table shows the cotdition of the national banks
of the United States oa March 15, 1878, as compared with October 1, 1877:
RESOURCES.
Oct. 1. 1877.
Mar. 13, 1878.
Loans and discounts
$883 243,2^0
$849,533,716
Overdrafts
3.677,301
336.8!0,960
United States bonds for circulation
United States bonds for deposits
UnUed States bond.-* on hand
Other stocks, bonds, &c
Due from reserve agents
Due from other national banks
Due from Slate banks and bankers
Real estate and fixtures
Expenses and taxes
..
Premiums paid
Exchan^-cs for Clearini: House
Bills of other national banks
Fractional currency
Specie
Legal tenders
U. S. certificates of deposit for legal tenders.
.
Five percent lledemption fund
Statts Treasurer
•.
Due froTi United
..
..
Total
75
.35
1011
lOO
40
*
.
]
.'.'.'.*.'
Individual deposits
,'
United States deposits
Deposits of U. S. di8bnr.-ing officers'!.."..!!!.!
Due to other national banks
Due State banks and bankers
!!!.!!
Notes and
'
bills re;, iscouiited
Billa payable
..
!
!!!
!!
122,776,121
44,572,679
291,874,2 6
48!,'55
3,0, :3, 7(3
616,403,987
7,972,715
2,376,983
115,0 8 954
46,5:7 440
3,791,219
6,137,117
Cin.
& Gibba Sewing MaCo
& Laf. RR common
$51 for
&
Laf. Kli.
lOs equip-
ment
15
1,000
(1
55)^
bond) N.
RR.
J. So.
Ts,
income
5
& T. H. RR.
2d mort. income bonds,
10,000 St. L. Alt.
lot.
78,
due 18^4
6ti<a6*
6,000 Florida Cent. RR. 1st murt.
10
73, gold, due 1907
i
follows:
^Hange since Jan. i,1878.-«
Lowest.
States.
Louisiana consols
74Ji April
or '90
North Carolina 6s, old
TenLessee (is, old
Virginia 6s, consol
,
2d series...
District of Columbia, 3-658 1921
74
Apr.
Railroads.
Central of N, J. 1st conaoi.
64
V Mch.
.
Central Pacific 1st. 6s, gold
Chic. Burl. & Quincy consol. 7s
Chic. & Northwest'n, cp., gold
St. P. cons, s, fd, 78
Chic. M.
Chic. R. I. & Pac. 6s, 1'-'17
Brie 1st, 7s, extended
Lake Sh. A Mich.So.lst cons.cp
Michigan Central, consol. 78
Morris & Essex, 1st mort
S. Y. Cen. & H ud. Ist, coup.
Ohio & Miss., cons. sink, fund
Plttsb. Ft. Wayne * Chic. 1st
St. Louis & Iron Mt.. Ist mort
1113 >i
. .
,
,
.
no
Jan. 29
110^i;
Apr.
i.8H Apr,
srji Ajir.
Mch
5 las
Mch,
7 113
Mch,
10
6
Apr.
Mch,
5, 119
7: 120
Mch.
5
Jan.
Jan.
IW4
Jan.
imv
115>f Jan.
Jan.
118
95 Ji F.b. 20 W(y, Jan.
Feb. 8 119',4 Apr.
118
April 5 m\y, Jan.
103
wan Jan. 7 107>i Mch.
109
ima
.
;
80
4 60V Apr.
Jan. 15 lOOJi Mch
9 IX Jan.
106
Jan.
.
Union Pacific Ist, 6s, gold
sinking fund...
do
* This 16 the price bid no'«a^ was made
12'
109
Jan, 2
9iy, Jan. 14
&
'
Highest.
85
Feb. 11
do
do
4,2(18,S:i6
I
1
7 106
Feb. 8
104;4 Jan.
15
Mch. 291 ITX Feb. 8
Jan.
4
Apr. 11
39;4
33>i
fiAlssouri 6a, *89
439.7L6
1,501,9.2
£00,778,713
7,(6),732
2,7r2,223
123,212,457
43,85S,116
2,4I»,390
;
,
6ii>f
UOJi
de:etBr.)lstm. 68(gld).7i'®69,'i
44,1,86,871
300,503,3.50
negotiation with the Syndicate
had the effect of strengthening the general confidence in United
States bonds, both at home and abroad.
Prices in London since
then have moat of the time been so firm as to leave no profit in
the importation of bonds, except occasionally the new fives. Of
the $10,000,000 of 4^ per cents taken poKitiv("ly by the Syndicate,
it is re])orted that |:i,000,000 have already been gold
and in
addition to this it is stated that Messrs. N. M. Hothschild & Co,
of London, have undertaken to sell |10,000,000 bonds themselves,
"with the understanding that such as are not sold may be
Wilcox
,
Closing prices of leading State and Railroad Bonds for three
ireeks past, and the range since January. 1, 1878, have been as
*4,;a3,.''25
Vnlted States Bonds._The
Bank
Chatham Nat, Bank
Grocers'
$T3,0C0 Walkill Valley RR. Ist
mort, 7s, due 1907
B' @"9X
31,500 Mis-ouri Pac. RR. (Caron-
!2ri, 731,790
Total
$1,741,034,680
$l,725,2;9,6!iO
Number of banks
2,080
2.;57
The above statement for March 15, 1878, is exclusive of five banks in Montana and one bank in Oregon, from which reports have not yet been receive I.
93
BONDS.
-.O.OOS.iiOo
'
114
stock
63,8':3,732
$479,467,771
Surplus fund
Other undivided profits
JJational bank notes outstanding
State bank notes outstandiug
Dividends unpaid
RR.
Coney Island & B'klyn RU.. 22)^
Manhattan Tel. Co
$32 for lot.
chine
LIABILITIES.
Capita] stock
4,0(
530 Ind. Cin.
16,248,151
7U2.211
51,5)8,701
$1,725,279,690
& Mead
C
Atchison & P k.-'s Peak
let mort. bonds
... 3 4X
45,00;i Lamoille Valley, Montp.
& St. Johnsbury. & Essex
RR. Ist m. bonds.. $7,000 for lot.
996,0n0 Slate of Georgia war
bonds
$118 40for lot.
500 (I bond, Raritan & Del. Bay
RR. Co. (Tom's River Br.)
68. guar, by N. J. So. RR..
11
2,0CO (2 bonds, *1.000 each) Ind.
180
85
SON. y. Gaslight Co
IB Harlem Gaslight Co
7,763,682
10,010.213
6 ', 98,9'i5
$l,741,(81,(i»3
109X
RR
Manuf. Co
$5 per eh.
Peru Steel & Iron Co..t29 for lot.
13-16ths
850 N. J. Southern RR
7,77(1.427
15,073,226
1,153,112
$10,0CO Arkansas levee bonds....
115
3,428,090
1,521,119
BONDS.
Ins
Brooklyn City
30 Marine Nat. Bank
30 The Hart, Bliven
12,924,000
31.875,050
84,358,562
85,750.518
39,628,587
11.412,987
45,751,403
38,410,IX;0
14,491,6-33
Home
(•5
3l3,.3f6,350
73,284,133
45,217,247
11.415,762
45,2v9,983
6,915,793
9,219,475
n,ti74,58?
?J,5S5,216
15,5!1,484
900,805
•J2.65S8J0
66,921,(84
Checks and cash items
.
"
14,90.3.COJ
3J,08.-,;0)
34,4.35,995
:
SHAUES.
10
92^ Mch.
at the
6]
'J7V
Feb.
Board
Railroad and iniscollaneous Stocks.— Stocks have been
active and buoyant, and in our list showing range of prices, it
will bo noticed that nearly all the more prominent stocks have
'i'he stocks of
this week touched the highest point of the year,
the western railroads have been the prominent feature, and Rock
Island, Northwest and St. Paul have shown large transactions at
..
a
..
H
.
5
strong bull tone to tliti iiinrkot, basoil on
prospective divUUnids on NortlivvcHt
c<inin\"n ami St. Paul coninion, furiimlies about the key to the
Krie lias Ix^en .stn)n>r """' n<'t'vc! with the rest, ami it
sHunlioM.
is contiilentiv asserted that the sale will tak(! place, oh advertised.
on the 24ih inslaiit. TJie freight war on roads west of (!liicago
sitili kee\)s up. Bn<l thi! lost rat»>« reported were as follows, from
(niirngo to Missouri Hiver iM)int.s: Kor first class, 45 cents; second
cents; third class. 25 cents; fourth class, 20 cents; and
class,
Freight rates on Misspecial class, 15 cents jmr hundredweight.
souri Hiver freight for Chicago wore reduced to 10 cents per huni«rg<'lviiu'r<'ft.s<Kl cariiiiiK« """l
:(.'>
dredweight.
S8.S1I
26,9:0
17,100
..
SI.SOl)
l(i,'»50
2-.735
4.'(0
24.350
«."«)
4!.aM
8,!H5
3186;
7,510
38.^60
4,'KK)
31,600
11,440
8,.W0
2o,200
17,S1S
13.241
8,352
.Sl.WI
19,100
GoodPiiday,
19I.^5-3 72.370 :61.«M
151.031 491,««5 337,874 151.012
8!.6I15
1*:J30
Total
ecodi
Whole
93,410
90,015
54,034
200100 52I.O0O 219.997 760,000
The total nuuilur of shares of stock outstanding is given in
the last lino, f jr tUe purpose of comparison.
The daily highest and lowest. oriCBS h»ve Impd as follows
Krld»»
Monday. Tuesday. Wednea'y, Thnrsdav.
sainraav,
April IT.
Aprl; 11.
April li).
April ;5.
Ap'l 16.
April Vi
i«X U
li% IS
l.X u
It
Itii
Uentral of N..I
Wm IIKX
Cblc. Barl.^g
C. Mil. 4 St. P.
TJH 7254
SIX 51
TiK 7«X
pref.
do
Uhlc.4 North.
pref.
do
C. K.
1.
a
iiTiX
I'lc.
luax
Del.* H. Canal
MH M
Del. L.
SIM 55X
Wen
ft
Brie
11J4
Hu. * St. .lot
do
prel.
ni. CeatiaJ ..
Lftke Shore . .
Mtchlgfin Cent
HorrlaAEuex
l-.H
«H
«7>.
JS
iSx
~ii
78)«
10
isy 19){
..
Panuna
Weal.
..ISO
•
Wabaah.Ftock
Union Paclilc.
19
6TJ,
^a«
Tel.
L'n.
Adams
;»«
«8
Si 14
lOiylOJ
•48X 49
•K)H s;
Exp...
American Ex
United Stales.
Wells. Fargo
Quickslive'
II
..
i;
ns
im
11M«
l»« *J
101
91
SIX
an
7»V
I5«
-JX
lUI
5.V<
\i).fi
97«
S«>4
57
IIX 12X
13
I3X
SOU SIX
76X ;«K
>SH e9
71
n
89
SOV
'.m
21.<4
19 <
2fl<
aix
*....
81
do
pref.
^H
These are the prices Old and asked
9UV
7»X
6»«
New Jer«ey
.
Erie
4.1
IDM
19K 2"»
•
las
II
X
82x
50
Jan.
St.
year 1877.
,1
Apr. IH
37X 69)4
82« 105X
8^1,865
Pacific Mail
Apr 18
5;jt Apr. 16
Apr. 16
5S
13S Apr.
a
Slii
77
-Jan.
6!)if
1
Jan.
Keb.
-.2H
eOX
1?
16
16
4
15
18
Apr.
Apr.
Fob.
Apr.
Apr.
Apr.
Apr.
10
'
10
15
7
16
25
22.8151 1!J^ Mch. 14! 20^ April 5
4 71
Mch. 20
ll,»55l 64^ Jan.
72,.i70l 75 <4 Feb. 13 Mii Apr. li
Jan. 8il0iW Feb. 8
4;ei 9S
.Tan.
640. 4714 Ian. 14 50
2
»t4'ick
DolonPaciHc
Western Union Tcle!»r«ph
Sxprcss
American EipreM
United States Express
Wells, Far>.:o4Co
Quicksilver
dt>
pref
1,
Whole"
—
Feb. 11 I09X
Jan. 16 11!4 Apr
23,1091 IbU Mch. 16' 2iJ< Jan.
61 112
Jan. 5 131
Feb.
ft Mir^si^tfippi
Jan.
40:i;
61
1,(W)
9l8l
46
Jan. 22
«i',i 'an.
ISX Jan.
i9Ji Feb.
6
94
.17X
1187<
11
42X
40J<
15
7314
74X
30 !4
77
iH
15
7
17
40^4
45
gross earnines from Jan.
35«
SIX
12Ji
30
59<W
56
91
•4)4
92^
IIX
2n»
D
Bin
I'
43!i
81
13
19'<
25
April 6
19X Feb. 25
84 J4 Apr. 16
73H
!;»
90
36
60!^
59 5i
90
2)
45
*
and including, the period mentioDed
1878.
S. Fe... Month of
Mch
$.10,0
,
Iii77.
Mi
$189,133
M0.57J
137.990
Bur.O. Hap.
18.':96
Atlantic
AtLnntic
G>. West. .Month of F. b.
26'>,179
8. ft O...Monih of Feb..
in.ii.'w
S9.n:H
ft North. l.-t week of 'pr.
Cairo ft .>'t. Louis
Month of .Mch..
I8,'.53
Central Pucillc
Month of Mch. l,-K4.4IO
Chicago ft Alton
Ist week of Apr.
79 971
Chic. Bnrl ft Qnincy. M..nth of F,l)...
9 i.i.-,n
Chic. Mil. A; St. l'aul...-.d week <.f Atr..
189.000
Cle». Mt V. ft D..ftc.. Month of .Mch..
3';.6V(
Dakota South rn ...Month of 51 ch..
16.9B8
Denv.ft Rio Urande...lst weckof ,\pr.
15.749
Dabunuc .t S. City.. .Ist week of Apr.
18.0!)9
Gal. H. .t S.Anionld.. Month of Feb...
82,185
Grind Itapidj ft Ini. Month of Feb...
82.4KI
Grand 'I'rimk
W'kend. Apr 6 173.8:6
Great Western
W'kend.Apr. 5
95,202
BAinibal ft St. Jo. . . Ist
of Feb.
26,»X)
Boast'nft Tex.Ceut.Monthof Feb. . 20j,833
,t
vmk
20,687
1.245.373
7i.6s5
8:1. :M
ilM.07)
S».I21
12.607
12.2.54
14,550
7I.«14
81,644
171 OS!
85.016
26.925
18i,e00
Jan.
I
to latest rta'c
18:8.
$6h2..500
.'6
.
Op'n Low. High]Clo«.
lOOX 10>i4 lOiiX lOOV
.
9il
260.472
466,787
1
1,ST7.
14110.344
607,186
247.976
53.3,518
49.7.8
60,W)1
•3,3:3.410
1,0.3S,:08
3,391, 1 59
1,091,794
l.^l5S,iil7
1.748,813
1,477,701
81.S71
30,571
14).513
2,395.W0
87.0i7
47.6iO
115.19:
26.5.009
178.23-!
156.547
2.472
1,261,730
157,148
OW
SS:i,304
1,666,454
1,121.339
1
~
.
18
.
.
.
t'il,855.00n {1.1 70,950 Jl,682.722
i.'a-iroi)
i,u4>'.or6
2).941..X10
10i)i
lOOX loox
1(10 fi
lO'Jfi
lOlH 10
lC0>i
100«
"i
18,&0li.(i(*
l.l:i7,,500
14.211,00.:
12,316,00(1
2,0,57.70:1'
Goo d Friday
19 ...
100^
loov
100)i 100
liO,'illOO'/4 100'^ looy,
lU2v,!l(m)i I02J-. 100)4
in
@ $1 91
@ 3 92
@ 4 78
@ 4 10
6 16 25
@ 15
I
I
Balances
>
Gold.
Currency.
.
Clearings.
IWfi
110« I'OM
15
100 Ji 100
16 ... :o.i)i inoi.
.
*
t9-J. 129.001
99.58:j,i)00
$
I
j
gold for various coins
dollars.
.
English silver
Pnisslan sllv. thalers
Trade
:
— 98!ia — 98J£
— 9bV4a — 99X
— 92)i3 — 94X.
— 94 @ — 95
4 75 @ 4 85
— 65 © — 70
— 98^^ — 99)i
half dimes
Larse silver, J<8ft>i3
Mexican
1,574,015
1.55!),8)0
Five francs
I
1,143,098
65.896
1,008,594
2..
1,0615.0
DimesA
dollars
Excliangc.— There was scarcely anything doing in exchange
to-day for to-morrow's steamer, and throughout the week business
has been quiet. A nominal advance of i point was made on
Thursday by lending drawers in their asking rates, but this was
hardly supported in the actual transactions, which were made at
4.86 to 4.8t)i for bankers' GO-days sterling, and 4.8si to 4.89 for
demand.
were rates on New York at the
Savannah, iraying 116 premium,
In domestic bills the following
named, on Thursday
:
selling at i iiremium
Charleston,
premium St. Louis, 90 premium
very scarce. par»(£3-16, 3-16(3^
New Orleans, commercial, i,
bunk, i Chicago. 2.5 premium Boston. 10 cents discount to par.
Quotations for foreign exchange are as follows
;
;
;
;
;
:
7»
I
85>< 109ii
MX Feb.
Latest earnings reported
Auril 13
-Apr
column.
.
Atch. Tot).
1, to,
88,1.95
3.5.697
6O,0C«
81.076
104,494
15%
i'ne latest railroad etirnings, and tbe totals trom Jan. 1 to late.u
dates, are given below.
The statement includes the gross earn
logs of .'lU railroads from which returns can be obtained.
The
oolnmns under the heading " Jan. 1 to latest data" furnish the
In the second
15,935
851,100
87,(-03
81,818
54.135
178,767
860,521
1.557.802
lJi46,169
of gold and cleartnzs and balances were as follows:
he following are quotations
cities
25)4
881.290
841,401
143.578
73,665
309,876
145 G-jI
78.598
48.449
22,723
10.717
29,409
17,551
36,929
26.335
719.9-2
1U4.188
14<l,585
1.153.191
9.33.10;)
2.M67
5'),)I92
.
87
72
90
Spanish Doubloons.
SO
Mexican DiMibloons 15 50
7ii
Fine silver barf
119
llS^iS
i'-ine gold bai-s
panji^i^prem.
•16
•EO
31
ai tiie aoard.
Feb.
Feb.
Feb.
The range
3
4
3
15
U
Joseph
Mch
45.003
430.952
1,510,849
59.998
ounce.
K Guilders
Low. Ui^h
5i
Feb...
Feb...
4I2,3>7
6I7,4I>
Tlic Gold Market.— (Jold declined on Monday to the merelynominal )>reiiiimn of 100^. There was afterward a slight reaction
to 100i;a|, and at tlie latter price the latest sales have been made.
On gold loans the terms on Thursday were 3^ to 1 per cent for
carrying, and also flat.
Silver in London 5va8 quoted at 53|<1. per
Napoie<ms
X X Reichmarks
Highest.
tiOWt-St.
8 181i Jan. 14
5,864; 13'/i .Ian.
31i43 Jt'JH I'cb. SSilui
Apr 18
I6I.KI>5|
Jan. 2! 51)4 Apr. 17
2l,3io| ten J»u. 301 7.iX Apr. IS
12S„3i0' :3ii Feb. 11 55M Apr. 17
.laii.
10,798, 45
93.4101 46^ Mch.
9fi.0I5
~>i Jan.
M.h..
Mch..
2W.4M
867.630
?n8.616
81,514
131,414
1,144,739
8.1,718
8,'I26
21.573
5;.7. 5
27,731
I2.;6t
41.311
33,176
,Mch..
SK8 296
5), 693
401.00-)
l,.9!),3i0
7^1118
73,839
Kfi,ti95
.
72
S3
51
1S78, to dale.
18.4i>2
Wareaw-Ut week of Apr
Month of Feb...
2i week of Apr..
14 86
IIH
V' ;«
8S..(<i i9jSi Feb.
51,1 3i: 98Jj .Ian. l.il:(7)i
ft
Union Pacific
*abash
-f
in prices since
1,
Tol.Peoria
Sovereigns
8)X 8>X
BS-V
*
8t.L.&S.E'n(StL.dlv.;.Monthof
'•
(Ken.dlv.)..Monihor
" (Tenn.dlv.)..Monthof
Month of
St Paul ft S. City
SionxClty&St.Panl. .Month of
Southern Minnesota. Month of
114.893
1)9,516
42,631
5l,8l>
6.915
28,727
14,185
198, 10<
7)0,018
V0,5li7
62).410
57,742
8,8V)
78,000
&
807,«9
8.10,130
241, 5e5
188.790
141.257
83.319
64.441
8.8i4
26.731
&
ItH
SIX
made
I
Adama
2)r>,S46
121
lUlX 10^
M?4 49
M
b»)i
SIX
ioie tvas
..
18
4J
X
•u
31
7,170 10
8.150 21 S
do
do
pref
nUnoia Central
4.041 7-'>i
Lake Shore
191.552 59>i
Mlchisao Central
20,132 58Si
Uorria ft E-»ez
11,830 67-.
N. T. Central ft Hudson Birer.. 12,480 1031i
Panama
Wabash
Ifo.
Current week
Previous week
Jan. I to dite
9S'
I
Chicago Burl. & Quincy
Chicago Mil. Jb 81. Paul
do
do
pref.
Chicago & North western
do
do
pref...
Cblcazo Ro;k Island A Paclllc.
Delaware A Ilad.ton Canal
Delaware Lack. A Wedtern
Ohio
7'i,St3
Missouri Pacific
A
11,663
19.601
59,773
531,213
19.112
Phila. ft Brio
Month of Feb...
Phiia.
Ki-adinz ....Month of B'eb...
St. Jo». ft Western ..Mouth of Feb...
St-L. A.&T.U.ihrchsj.li't weik of Apr.
8oath.lPtwe.-k of Apr.
St. L. l..Mt.
Norlh'n.Vd week of Apr..
St. L. K. O.
S. Francisco . Ist week of .\pr.
St. L.
1.0i»,«l
4V.>'56
31418
ii ft St. L.. Month of Mrh..
Mouth of Mch..
Kansas ft Texas. .Month of Mch..
Mobile ft Ohio
.Month of Feb...
NashT.Chatt. ft St.L..Montn of Mch..
New Jersey Midland .5tonlh of Feb...
Ohio & M Main line.Ut W(ok of Apr.
do Sprli:sf- dlv l9t week of Apr.
Pad. .t Elizabotht'n... Month of Mch..
Month of Mch..
Fad. ft Memphis
iwr.
1878.
l,^09.2^l
5*3.011
12 104
Mlnneapo
"
"
Wednesday, "
"
Thursday,
"
Friday,
lOJX
UI8
SJaleit
A
113,978
578,4%3
81,510
362,772
Monday.
Tnesday.
TiH
9%
IDX 20
7H< 7i'4
S2V 8SX
lUiH 10 li
no
of w'k.t
Shares!
Baanlbal
nrr.
S63,W4
1.10,24)
wold
t8<
67J«
ll«X I09X
9K 10«
and Ibe range
Total sales this week,
1877. were as follows:
Central of
400.117
IK7il.
Saturday,
lix tax
29X 30^
7«X 76X
^5^
-.9X
5U
;
75)1
9^
MH
A'% aim
M'<
89V 19X
5 S
90
DO
1V5
71
MX u
:a
7«S<
«8?»
21
iffl
lolX :01X
IdX 49
I'
SO
S»S4
IIX
S 7iX
Sin 34ti
TUX
SIX
V^
Wi
ISX
!2X
51X
71
7I«
10'J)»
107X
10*
UM
I'H
«X
107
iOlj<
S«
SS!4 57
12
I8K
97(4
5(Wl!
1U«
93X
71H 75W
73X
109X107
S<
5«X
5S
••ix
HH
V^
73
TOW m'^
10*
soH Six
^'^
s5
7«
lOIX 106X
s«V
53S 57H
11)4 !!*
lax 1.1
r.% .10
T5X 1<K
67X M14
7:
10«
p>i><
4>H ox
•as 7iH
UH
-.8.4
N.V.Cen.*H.K "lOSx 'MX I07V
OhloAMlM...
PaciacMall
earalcigs reported.
Cantail.1ino.)Month of Mch..
do Iowa Lima..Vlonth of Mch..
do Spriiigf diT..Monthof Mch..
[ndlanao. hi. ft W.... 1st week of Apr.
Int. ft Gt. Northern . 1st week of Apr.
Kansas Paclllc
lat week of Apr.
Michigan Cetilral .. Month uf Mch..
Illinois
.
stocks of coal-carrying roads have also been strong;
the Hoard of Control agreed" upon the following quotas for May:
Philailelphia & Heading, 500,000 tons; I.ehigh Valley, 200,000
tons; Central Railroad of New .Jersey, 175,(K)0 tons; Delaware
I.ackawanua & Western, 150,000 tons; Delaware & Hudson Canal
Companv, JOO.OOO tons; Penn.iylvania Railroad, 105,000 tons;
Pennsylvimia Coal Ciunpany, 75,(H)0 tons; total, l,:!0o, 000 tons.
'i'ot«i Hiiiuti ot me ween lu leHaiuir ptockn wure a« tollowH :
Ohio & Del. L. Rock
North- Lake Wesfn St.
A W. Island. Erie.
we«t. Shore. Union. Panl. Mi?s.
8,500
2.815
8,40) 18.0:5
4 900 !a,iO
*7,20O 51,915
April 11
ti.65C SI.IW
14.125
6.810
81.751 53,591) « 1,160 31.100
15
The
1»
17
18
It
.
385
» ^— Lateit
A
fipuros.
X
.
THE (JHHONICLE
Apiui. 20. 1878.]
higlipr
1
..
•.02,14.S
lMi.351
146.6:2
2.279,8-.6
l,01fl,«3.S
119.721
Prime bankers' sterling bills on London.,
Oood bankers' and priine commercial
Good commercial
Documentary commercial
Paris (francs)
Antwerp (francs)
Swiss (francs)
Amsterdam (guilders)
Hainburj; (reichra.irks)
13.-
3 days.
4.89
4.88 &i S6i(
1.81)4I%4 85^
4.81 l^.fS
5.16)4(1^. I33t
4.8S!4a4.6«
6.16)i®5.13K
5.16)4®5.13X
5
95!iT
"
95K1
95)4
40X®
Frankfort (reichmarks)
Bremen (reichmarks)
Berlin (reichmarks)
1
60 days.
4.86)484.87
&i.mx
4.E6>4@4 87K
5.14X!a5.11X
40J4
The following are the
14Xa5.11X
95.S3 KK
95H!a «5J<
isjja 9.^«
95>i,ia 95X
95«
96M@ 96X
BoKton Uanko,
134.88
4.87
totals of the
Boston
banks for a series of weeks past:
Loans.
t
18:8.
Feb. 4..
Feb. 11.
Feb. 11.
i2;.59ii.3no
12^.S20..5fO
125.1il 600
Feb. 25.
1-25.3
M..r. 4.
M.ir. 1 1
Mar. 18.
Mar. 25.
124,116,irO
12l,'84,400
Apl. 1
Apr. 8..
Apr. 15.
.
>-2.'
00
Specie. L. Tenders. Deposits. Circulation. Agg. Clear
<
S
t
S
i
31,146,181
3,660. 00
48.752 800 24.759,'00
.5,381.t-00
3.:9-2.71)0
41,:)71.064
4IU«4.000 »,06 '.'HO
3..-.12 700
41.564.258
5,119.000
48.8 -5,900 2 -.2 6.100
8.6-8.30
34,204.810
4.9.12,900
49,905,50 25.100.3Ua
5,131,3
1
5,021.400
124,l'.50,!100
6.438,701)
5.850,7.
121„537,i00
6,-2fll,t01
124.2r.7,.10ll
0.17-,>.-.'.
125.0l0,-.00
-240,100
l-2i,
6,5: 7, -.00
6.70i,5IJ
Ptalladelplila Bank.*.ftre as follows:
Lo.}ns.
.
feb. 11.
Feb. 18.
F.-b.
-jS
Xnr. 4
Msr. 11.
Mir. 18.
Mar. 25.
.
Apt. 1..
Apr. 8..
Apr.
15.
4,1I8,;00
4.114,0.0
4 47 ,100
4,411.6.10
3.. 91,8)0
The
49,491.200
49.035.W0
49.21
.',4
10
48.57-.',600
48.975.800
50.n;9.800
49,803.400
25.152 500
25.42r.3'JO
40.^1,403
l.-I.IS.'.5Tn
58.93-J.7.37
2
18.\i-;4
12.579.143
46,312,315
45.781.847
45.374.991
.'.8,893,01
2.1 13 897
1-.'.««<1.258
45,137.6:i7
58,'i7».840
74.9 8
2.112,782
lJ,194,3'i2
45.''a).6.30
12.6.3.5.756
44.997,112
44.770.251
44.546,917
2.311.62*
2.:)5it,«78
2. 36- .819
2.2ir,-293
12,143.650
I2.2«l,<85
11.453.r67
10.382,481
10.90 -,8-j7
banks
Agg.attr
S
13 319.4.50
2,383,6-25
4-3,727,810
43,612.375
4).23:,065
38.217,453
4'.0il,S07
25.'i07.40)
$
2,'-J!','4'
2.225.010
2..
40,516,165
totals of tbe Philadelphia
58,r2 1.420
5..I94.371
58.691,000
58.4;P,683
68,2 .'6,711
tS.197,.7S
88.971,947
59,008,191
25,227,700
25,171.3nO
25.272,CO0
2\21 1,700
Sped). L. Tenders. Deposits. Clrcu'atlon.
$
1878.
Feb. 4
3.99-1,600
4,0-39.100
10,99-.3«1
29.5O7;210
1.1.98.8.741
28,52a,2M
,976.756
11.. 00.190
ll.'03,7»4
11,01 8,028
11,00^,415
1
11015 926
41.703,88.1
4S,''A5.^^1
ll,n7I,!!0a
11,107,27')
44,0.8.538
11,121,7i2
28,8:4,m
24,112,687
3S,10a,On
33,104,101
»,7n,C74
29,884.218
28,596,717
37.19<.S«I
31,635,152
—
«
..
BanRs—
Hew Ifork Cltr
The following statement shows the
condition of the Associated Bauks of New York City for the week
ending at the commencemeut of business on April 13, 1878:
—
AVKRAOK AMOUNT OF
Loans and
Lejal
Net
Clrcula,
BANKa
DlBconats.
2,115(1,0
Union
America
1,200.000
3,000,000
1,000,000
1,000,000
.... 1,000,000
600,000
Phoenix
City
Tradesmen's
Fulton
Chemical
Merchants' Kxch.
300.0'tO
1,000.000
Gallatin National 1,5^0,000
Butcher9'& Drov. 500.000
Mechanics'
&
Tr.
Greenwich
Leather Manuftrs.
Seventh Ward....
State of N. York.
American Exch'e.
Commerce
Broadway
Mercantile
PaciBc
Republic
Chatham
People's
North America...
Hanover
Irving
Metropolitan
Citizens'..
Nassau
Market
600,000
800.000
600,000
300,000
800,000
5,000,000
5,000,000
1.000,000
1,(00.000
422.700
1.500,000
450,000
412.500
700,000
1,000,000
500,000
3,000,000
600,000
1,000,000
1,0(10,000
Nicholas
1,000,000
Shoe and Leather. 1.000,000
ComExchange.. 1,000,000
Continental
1,250,000
Oriental.
Marino
Impcrters'&Trad.
Park
Mech. Bkg. Aas'n.
300,000
400. 000
1,600,000
2,000.000
500,000
Grocers'
80
North Itiver
KastKiver
& Mer.
Fourth National,.
Manuf'rs'
Central National,.
Second National..
Ninth National...
First National....
Third Naticmal...
240,000
360,000
100,0)0
3,500.(00
2,000,000
300.000
750,000
500,000
300,000
250,000
Bowery National.
New York County
German American
. .
S.bl.OCO
67ii,60O
516,500
2 .'i,200
938,500
200,00
750,000
3,850,800
1.836,500
9SO,0u0
991,000
763,500
2,831.000
843,200
1.511,800
7,965,000
6.365,0(10
2,861,600
2,889,600
1.865,000
1,654.100
2,6)1,600
1,101,700
l,418,3c0
4,259.900
l,930,8o0
9,476.000
1,-21,800
1,730,300
300.0,)0
428,100
24J,700
1,217,000
3.'9,000
145,100
178,700
119,0oo
l,83:i,800
759,400
2.793.000
1,807,800
376,,5oi)
329,000
461, 2oo
3,127,200
1,517.900
81,000
114,500
13.SfO0
87.800
!.6,Ooo
991,600
936,000
3,235.600
176,900
6,2!6.20i)
5,9.57,500
1,76,5,700
897,600
807,900
318,60J
431.9110
5)5,iiOO
89,200
212,000
341,000
181,100
1.3,000
288.700
1,100
952,100
79i,100
..
,.
16.09!),v00
827.300
152,000
233,700
169.400
386,000
125,200
171,800
803,000
798.000
295,100
353,900
355,700
156,700
309,700
227,600
l!<5,0o)
4.30,000
13.j,00J
2,()7(i,400
626,200
190.400
2r7,000
IW.ICO
2,700
S57,!i00
36,600
45,000
221.000
1,965,200
Loans
.
450,000
lOO.OliO
5,400
415.6(0
77,600
8,850.000
202.000
3,900
303,800
496,700
i49 60.i
4,700
779,800
l.U76,h(jO
2.051,000
t7,'81,400
14,509,300
423,000
591 Oijo
1,112 200
540,000
308,0i)0
472,-300
671,300
98
WO
1053
391')
S4.),100
450,200
10,b8J,)00
5,372,(oo
2,OJ8,000
2.807,600
7,269,900
5,508,100
825,700
l'494'oOO
270 000
600,000
450.000
791000
269 200
824 000
78.",0,':0
1,218.200
1,956,900
180,W)0
|
Circulation
1
Inc
L. Tenders.
Specie.
14 600
.
pa<t:
Deposits. Circulation. Agg. Clear
«
t
*
236.287.400
17,323.400
39.235.100
191,M8,700
Nov. 3
Nov. 10.
Nov. 17.
Nov. 24.
836,2111.600
835."6'<,300
S36.30t<,300
15,9.35,900
.39,531,900
19i.361.900
18,7(^,500
19.45i,800
38,503,400
39,383,900
l'I.S,557,30O
*
835,329,800
238,439.600
19,7i.7,800
39,9l9.-,00
196,2.^,900
18,10;i,500
1..
18.324,000
]9ii,961.500
Decs..
238,578,30il
18.99.5,000
Dec. 15.
Dec. 88.
Dec. 89.
837,504,100
S3&,764,2O0
239,173,600
19,566,800
i9,674,t00
22,183,4.0
40.579,800
88.478.700
37,662,90)
18,110,300
18.208,?00
18,676,700
lli.393,90)
4;3 404'(>46
839,256,400
25,207,500
27,091,200
28,477,500
3i,193,600
31,230,000
32,146,900
1878.
Jan, 5..
Jan. 12,
Jan. 19.
Jan. 36.
Feb. 2..
Feb. 9..
Feb. 16.
Feb. 23.
Mar. 2..
Mar. 9..
Mar. 16.
2.3a,936.:M)
3;J6.9-1,300
238,404,300
241,276,500
243,f-6;,300
848,859,900
34i,6.59,100
246,456,200
816,320,800
242,978.901
Mar. 23.
Mar. 30.
Apr. 6...
Apr. 13.
241,56it,700
841,5 0,900
240,649,100
236,618,400
3S,067,5'X)
c5,300,50J
16,720,00,1
17,156,8(30
17,720,300
17,841,900
196,5(.l,50O
196,9:2 3<)
105.896,400
194,642,500
;97,711,800
4.58
19,657,800
324,336i660
19.787,100
19,861.600
19,841,800
19 79-1, OJ
412 729 867
403 >12'G'8
37,:89,300
37,2)1,301
37,362.200
301,981,500
203,666,000
205,972,300
807,171, VO)
210,301,701
34,613.000
34,'<r4.000
4(18
472874
3O0
378 019 •.73
34o'214'l47
34,877,0'(e
211.7)3.0il0
19. '.87,100
344,10,5'4K2
33,011,(.00
.i2,379.400
34.845,600
33,978,000
19,781,800
19,806.900
33,326,400
3.3,137,900
213,132,000
210.891,600
313,933,400
:i7,ll6,900
30,6.55,<'O0
81.5,155,900
39.545,«00
39,(87,600
38,767,600
30,3-36,200
39,60.5,700
215,0-5,100
29,425,400
26,637,000
28,666,100
210,378,400
34),070 434
289 487 491
400,609 830
377 110 111
401,593 977
373 731073
359,i53;328
.36.6-2(l.700
35,480,900
PHIIiADEIiPHIA.
1!',;61
19,8.33,500
19, ••85,100
204,683,2(10
19,910,700
19,906,300
19,912,300
19,944,600
801,926,600
rj,95!,,200
211,9.38,.500
441,44C055
3^1,415,326
STATE A.VD CITY BONDS.
Fenna. 58, g'd, int., reg. or cp.
do 58, cur., re,?
do 53. new. leg., 1892-1902 llOH
do 68, 10-15. nig.. l-77-'82. 104U
do 6a, 15-35, reg., 1832-'92. 113H
do 6s In. Plane, reg.,lS79
.
CANAL BONDS
Phlladelpbla, 5s reg
do
do
do
Cheaatr.
108
6s. old, reg...
68,n., rg., prlorto'95
6s,n.,rg..
895&over 118
ii4
AUeeUeny County
5s, coup.
Allegheny City 7b. reir
PltHburg 48, coup. ,1913..,.
58, ree. & cp., 1913.
do
6s,goId,reg
do
do
.
exempt, rg. & coup.
Camden County 6fl, coup
do
POTATIONS
IX
BIOUBITIKS.
Bid. ABk.
Old Colony, 7fi.
gold
UostoD 63, currency
do 58, gold
Chicago seweriige 78
do
Muultlpal78
Portland 6b
Atch. & Tcpoka iBt m. 78
do
land grant 78
do
2d7s
BoBton
Boston
do
112
112
Vermontes
Inc. 98.
Kutland
iijj
Sb.Isi
Maryland 68, d fense, J.& J.,
do
6a, exempt, lb87 ..,
do
6*, 890. quarterly.
do
5s. quarterly
Baltimore 6a. SSI, quarterly,
do 6s, ;8S6, J.&J
do 6s, 189 quarterly.-,
do 68, park. 1890. y.—M,
do 6a, 1893, M. Jk S ....
do 68,exeinpt,'9S.M.&S.
do
1900,J.&J
do
190^.J.4J
Norfolk w-ater, 88
pref
do
do
CatawlBsa
pref
do
new pref
do
Delaware & Bound Brook....
East Pennsylvania
Elmlra & Yt lUianiBport
pref..
do
do
Har. P. Mt. Joy & Lancaster.
UumlngdonA Broad Top...
do pref.
do
Lehigh Valley
',
Nesquehoning Valley
NorrlBtown
Northern Pacific, pref
North Pennsylvania
V^
35H,
Pennsylvania
79
Verm'tC. l8tm., 7s
''ormoDt *. Canada, new
8s..
UK., 68
....
Vermont* Mass.
PlttBDurg
"mh
Boston
105
HoBton
&
25%
.,
Albany
'785*
107
Lowell 78
Maine 78
Burl. & Mo., land erant 78.
do
Neb. 88, IS91
111
do
Neb.88, 188S
.. 108
Conn, « PassumpBlu, 7(., 1897.
Fltchburg UH «s
106
do
78
Kan. City Top. i W., 78, iBt
99
do
do
7b. Inc
80
EaBtcrn, MasB.,3i<8, new. ...
Hartford 4 Erie 7s, new
Ogdensburg* Lake Ch.S«... 13K
Sandusky
Concord
]C!n.
&
Clev
7jg
. .
,
:
"^
& PaflBumpBic
40
Eastern (Mass.)
Eastern (New Hampshire)...
Fitchburg
iVs
Manchester & Lawrence
Nftsh'ja & Lowell
New York & New Kngland...
Northern of New Hampshire "m
Conn.
Norwich & Worcester
& L. Champlaln
(^KdenBti.
...
"8
90
100
x81
Bait.
&
ft
Oldo
Connell8Vllle..50
cs, 1880, J .& J .
63, 1865. A.,&0.
.
.
5
102
104
104
105
lOS
.
1
M.«N
}^
IIAILBOAD BONDS.
107
Allegheny Val., 7 3-103, 1398
78,E. ext.,1910 80
Jo
Inc. 7b, end.. '91
do
BelvIdercDela. l8tm.,68,con i04
107^
MISCELLANEOUS.
Baltimore Gaa certificates.
People's Gaa
31
14H
104
15
CINCINNAXI.
Cincinnati 68
2d ni. 68. 'Si.,
SI m. 6s, 'j7., i)3
Camden &Amboy 68, coup, 'S3 101
63. coup., '8S 102
do
101
t
78
t
do
7-308
do
South. RB. 7-308
do
do 6s, gold t
do
mort. 68, '8'J.
Jo
108^
Hamilton Co., O., 68. long,, .t
Cam. & -itl. 1st m. 7s, g., 1903 108
00
78, 1 to 5 yr8,.t
21 m., 78. cur.. '60 97
do
7&7-80a,
long.t
do
Cam. & Burllugtun Co. 68.'97.
Cln.A Cov. Bridge st'k, pref.
Catawlssa Ibc, Tb. conv., 'd2.
1st m. 7a, 'SO
&
D.
Uain.
Cln.
10.1,
chat,
m.,
'88
do
2d ni. 7s, 'o5.
do
new 7b, 1900
do
102)i 102Js
Cln. Hain.A Ind., 78, guar. ...
....
1103
Connecting 6s. l'30O-I9Ol
Cln. & Indiana St m. 78
Dan. H.& Wilk8.,l8t.,7s, '37".
2d m.7a, '17...
do
Delaware mort., 68, various. 101 [.'.'.'
Colum. * Xenia, 18t in. 78. '>J0
83
D.;l. & Bound Dr., IBt, 78. 1905
Dayton & Mich. Ist m. 7a. '81
lOH
Ea.st Penn. 1st mort. 73, '88
....
2d m. 78, '34
do
E1.& Wmeport, ibt m..78.'S0. 103>4 ....
3d m. 79, '83,
do
l8l in., 5s, perp.
do
Dayton jc We8t.l8tm.,'3i...t
HarilBburg l8t mort. 63, '8-).
1st ni., 1905
do
'80.
7a,
gold,
1st
in.
&
B.
T.
H.
let m.t's, ,905
do
2d m. 7a, gold, '93.
do
Ind.Cln. & Laf. '.at m.
3d ni, cms. 7s, '93"
do
(I.&C.) I8tm.78,'88
do
Ithaca* Athens 1st g d. 78.,'9U
Little Miami 6s, '88
Junction lit mort. 6*, '82.
Cln. Ham. ft Dayton stock.
2d mort. 6a, I9J0
do
Columbus ft Xeala etock...
1,. Sup. & MlBs., lat m.. 7', g.'
Dayton ft Michigan stock.,
Lehigh Valley, 63, coup.. l89a HO :ii
8. p.c. st'k, guar
do
lllH 1)2^
68, reg.. 1893..
do
Little Miami slock
113
114
78, reg., 1910..
do
do con. m., 63, rg., 19^3 97H !»7«
LOUISVILIiE;.
63, p. ,19.
97
do
87«
do
do
.
.
.
MM
95
103
106
90
85
OS
100
104
60
100
1C5
108
100
88
104*
110
70
104
103
96>s 98
'86
94
70
103
102
10«
103
86
88
98
81
73
.
.
100
85
75
90
80
91
92
99
101
.
12
OS
86
15
i«
88
87i«
•
North. Penu.
lat
m. 68,
'96.
do
do gen. m. 78, cp., 1903.
do gen. m. 78, reg,, 190"; 103
Creek ist m. 78, coup.,'8i. 84
Oil
rlttsb. 'W1.U8V.
&
B., 7s, cp..'96
do
103«
104
87
49
acrlp..
'96-1906.
lisH
i'liji
Pennsylvania, lat m., cp.,'8U.. 104 J4 1011
gen. m. 68, cp.. 1910. 10«K 107
do
Ken. m, 6a, rg., 1910, 105>4 100>«
do
')8-.49
p. .'93
cp., '93'
cp. ofl.
iid
111
deben.,
2«« 3e«
do
do
do
S5
Bcrlp, I8S^.
do
In. in. 7s, cp,1896
do
do cons. m. iB, cp.,)91!.. lOOX I00«
do coua. m. 78, rg..I9:i.. lOOMi 101
do CO B.tn.68,g.I.1911
do conv.7s,rg.&cp.l893'
7s. coup, off, '93
do
do scrip, IHS2
Phll8.& Read. C.& I. deb. 78,92
do deb. 78. coup, ofl
do scrip, 1382
« In default nf Interest.
do
do
+
wliarf 68
do
Bpec'l tax63 0f '89.t
do
Jeff. M.&I.lstm. (IceM) 7»,'811
2diu., 78..
do
lBtm.,7a, 19U6, .,t
do
Lonisv.C.ft Lex. ist m. 78, '97.
.
98
88
IDS
09
99
90
90
99
81
102
1023
p.i-t-dnc c upiiiiB
t lOOJt lOlK
100
Louls.ft Kr'k..Loulsv.ln,63,'8!
e.it
do
Lou. In.
Consol. let ni.
Erie lat m.63, cp.,*8l 101
do
2d m. 73, (p..'8S 98
Phlla. & Read, lat m. 6s, '43-'44. 103
7s,
-I-
water 63,'87 to '89 t 98
water slock 68,'97.t 98
92>,
»2)i Louisv. A Naahville—
t
Leb Br. 68, '86
lat in. Leb. Br. E}[.,78,'80-S5.t
&
do
2d m.,
t 100
83
98
-t
Louisville 78
68,'82to'87
do
6e,'9;to'9i
do
cp.,'85.
2dm.7B,cp..
do
do
..
113
115
113
I'.l
113
112>^ 115
—
Phlla.
127
i?iS
110
112
lil
am
23
& Providence
Burlington & Mo. In Neb
OH
Wi)ii
110
do
H
Phllaielphla * »;rle
N. W. Va. 8d ni..guar.,'85.J&J SIS
Pnlladeiphhi & licad ng
U'4
Plttsb.& Connell8v.'.s.'93.J&J 96
PhllaJelphlait Trenton
120
Northern Central 68. '83, J,»feJ 104 104«
Phlla. warning. * Baltimore,
99 100
do
63, 1900. A.&O.
PlttsburiiTltuBV. * BuB.... 'ok
do 63. gld, 19110. J.&J 93
93«
IIHH 11««
United X. J. Coinp«nlea
Cen.Ohlo6s. lstui.,'90.M.&S li7
OS
West Chester consol. pref
W. Md. 68. 181 m.,Kr..'90.J.&J, 108 112
WestJeisey
OS ;ioo
do l8t m., 890, J.&J...
CANAT.. STOCKS.
lO"!.
112
do 2d m., guar., J. & J
ChesapeuLeA Delaware
55
05
do 21 m., pref
Delawni-e Division
do 2dm„gr. Dy W.Co.J&J 103
108
Lelilgh tJavlgatlon
17%
do 68. 3d m.. guar., J.&J lOS 112
Morris
so
'9!, e.k \ ..
cm.
78,
t7
88
Mar.
&
120
do pref
2d,
32
do
33
Pennsylvania
83,3il,J.&J
do
13K
Schuylkill Navigation
Union RR. Ist, guar., J.&J. loija iOS
pref..
do
Can on endorsed. 87
88
do
Susquehanna
con3.in.6-, rg., 1905.
do
cona.m.63. cp., 1905.
do
Kavy Vard 68, reg.
do
Perklomen ist m. 63, coup. ,'97
STOCKS.
& Topeka
I
lis
113
lOS
107
116
RA1LR AD B'tNOS.
sua
..
ISJc
29
110
lOJ
100
105
do
Wash. Branch. 100 138 160
Parkersb'g Br..i)0
1
do
S
Northern Central
60
14
Western Marylani
511
S
6(1
Central Ohio
23Ji>
S6
47
45
MIneUlll
108K I0«(
RAILROAD STOCKS. Par.
Ball.* Ohio
SchuylWU
Pa.&N.T.C.& RR. 7a,
mort
'.9.8 .*
bai,tiitiori:.
78,
RAILROAD STOCKS.
Camden & Atlantic
:i0)s
Ofl
Atchison
115
&
*
110
Omaha & S. Western, 8a ....
Pu-blo& Ark. Valley, 7s
5b,
do
land
Boston & Albany 78
Bid. ABk.
~
BOSTON.
Massacliusetts
8B0CBITIKB.
885,.
City 63,
do
Delaware
Little
6^, reg., '86..
Susquehanna 6a. coup..
coupon
reg.& coup.
68, covpon
Uiirrlsburg City 63. coupon ..
Camden
Dela
Morris, boat loan. reg..
itr.Imp.. ree. ,'33-36*
and coup.
&
Delaware Division 68, cp.,'78.
Lehigh Navigation fi.^, reg., '84
do
RK.. rg.,'9:
uo
conv.,g., rg.,'91
do
gold, '«
do cons, m 78. rg .19)!
Pennsylvania 6b, coup., '910.
Schuylkill Nav. ist in. 68. '97.
do
2d m.63. 130
do
68, boat & car. 1913
do
7b, boat A car. 19 5
78, w't'r In.rg.&c-*,
63, reg.
B7
I8tm.78.'9i. ... 76
West Chester cons. 78, '9'
I10J4
West Jersey 6s, deb., coup. ,'83 8!)
do
let m. 68, cp., '96. 104
106
do
1st in.7s, '97
110%
100
Western Penn. KR. 6a, 893.
83
do
68 P. B.,'96.
114
Little Schuylkill, lat ni. 73 ,'.-2
BOSTON. PIIILAUKLPIIIA AND OTHER CITIES,
81M
Warren&F.
'to
8
437,387,453
025 6.53
358,005,167
401 g-^O 936
417,1(14 418
869 512 964
488 943 229
436 935'7H2
Dec.
Ask
Bid.
.
.
weeks
Oct. 27.
.
BKCURITIKS.
.'
tlo 7fl,
:
Inc. 2,03!l.;00
are the totals for a series of
Loans.
t
Etc.-CoiiUnued.
Ogdenab.&L.Champl'n.pref. il05 105!,, Phll.&R., m.78, reg.&cp
100>4 lOOH, Phlla. Wllm. & B..lt. 6s. '84
Old Colony
Forlland Ssco & Portsmouth
b5
Pitts. Cln. ,t St, Louis 7s, '900
naviauQ, common
Shainiikln V,«; Pott-iv 7», 1901
do
preferred
»H Steuhenv, & Ind, 'St, 68. 884.
Vermont & Canada
Stony Creek 1st m. 7», 9J7.
lllj^
Vermont & MasaochusettB
Sunburv & Erie lat in. 7a. '97..
Worcester & Nasbua
Union & Tltusv. Ist in 7b, '»0.
31
United N. .1. cons. m. 68. '94
N. Jersey
..
I
The following
PHILADBLPHIA,
8KCTJRITIK8.
180,000
returns of previous week are as follows
Net Deposits
Dec. *2, 736,600
Dec. $4,«30,7O(j
Dec. 1.1.3.3,800
Specie
Legal Tenders
[Vol. X:XVI,
BOSrOIV,
898 700
65,525,200 23^018,40J 33,486,900 28,666,100 201,926,600 19,939.300
,
The deviations from
187T.
S,088,40O
6,55^,100
2,31w,000
4,019,100
1,851,100
1.280.500
3.86,000
.'i2:J,Ooo
1.061.100
1,;3S.400
t.lcO.ROO
2,071,500
£
4O,OS0
7,500
n4,40l)
169,500
4,:Jl.'i.800
168,(X)0
1,776,000
198,400
337,000
1,460,100
1,
tioo.
S
9,980,600
J.Hi^.bOO
'T.ieiSOO
.-I'^fl.SOO
l,'J-.7,00(i
I,(,i0(l,00fl
N. Y.Nat, Kxch..
Total.
1,000
Deposits.
S
£
8,89D,S00 4,647,600
5,8S1.500 1,3?7,100
8,138,100 1,858.300
647,^•00
3,018,10)
503,600
4,151,600
7.7-2.100 1.8f5,6(X)
345,000
2.671,000
5,261,100 1,033.800
3,147.600
^20,T0O
i71,400
1,634.500
9,877.500 1.973,600
37i,».00
3,539,900
4.53,900
3,417,400
91,000
1,367.000
1.463,000
11,300
849.600
599.3no
3,283,300
878,700
151,200
1,!81,700
427,200
ll,37ii,0OO 1,820,100
12,518.400 8,0i0,3u0
572,400
4,4;0,5O0
410,200
3,281,000
2,0'i4,800
21,900
878,400
3,136.900
2,851.400
33-3,300
1,22.3,500
7,800
1,605.500
79,000
4,156.300
611,100
379,200
1,973,800
12,645.000 1,167.000
1,571,800
80,300
1.910,800
109,100
8,631,800
306,300
105,000
!,934.70O
3,72i.000
.12^,200
212,l(io
3,"15.600
3.210,600
13,0
3-.400
l,3.50,^00
1)6,300
2,075,000
15,230,700 1,837,100
12.437,800 2,814,000
612.000
26,000
553,600
2,300
8(:6.400
17,800
6S,000
703,900
54,'.t00
443.900
13,193,7(0
749,500
7,314.000
319,000
S.OOO.tXK)
3,0iX),0U0
2,000.01)0
Mechauics'
Specie. Tenclors.
S
S
Merchaiits'
,.
.
.
.
Capital.
NewYr.rk
Mai hiittan Co...
t1
:.
THE CHRONICLE.
386
St.
S
3
. ...
,
88«
mi
98>t
68, 'j3...t
78, '98
Jefferson Mad. A Ind
Loulsvllleft Nashville
LoulBVille Water 63, Co. 1907
10!«
40'
101
ST. I.OIJIS.
St.
St.
Louis 6b, lo g
t 10\H lOSM
water 6s. gold
do
f 104
do now.-f 1U4
do
do
bridge appr., g.68 t'loa^
da
renewal,
gold,
63.
103«
do
sewer, g. 6a, '9 ••i-S.i lOS^t
ao
Louis Co. new park,g.63.t lOlH
cur. 78
do
t
50
St.L.ASsnF.KR.bd8, ser'sA 48
do B 22^
do
do
do
do C 20
iSM
du
t
And Interest.
....
April
.
..... .
.
.
.
.., 1
.
.
THE CHBONICLR
20, 1878.J
387
NEW
QUOTATIONS OF STOCKS AND BONDS IN
Bond$ and
8.
tj.
«
.. .
Railroad Stock* are quoted on a previous page.
aetive
J'riflet
YORK.
repreeont the per cent valu*, ichat«v»r the ptu-may ht,
STATB BONDS.
(OVM'TUU.
Loalaiana 0s
M, IMS.
kUO.'init
do
Ka, I8BB.
4.t»4
JM.ISHS
«!,
8<ar 18K
liU
Jo
S« 0( 1W3.
20
an
8a,
jl,
*
M.
Ala.
KR.
E.
&Ub.K
71, Ark. Cunt. KU..
ConnectlcQt
0«orgla fi«
M
7
a
I07W
103
float'icdebt.
.
do
do 1879
do
do
Jan.
lOSX
r'undlnK ant. 186$
101
do
i»w bond*. J. & J ..
do
A. *0..
ssi
Special tax, Claaa
s
I04W
do
do
.
70
70
48
•
•.>
do
do
..••
.*•
«
41
4«
.
CIau8
.
MM
80
87
87
27
27
now
«
2
8
8
new
new series
<a. old
68,
bonds, 1V66
8«,
do
IS*;
6s, conBol. bonds
6s, ex matured coup. ^
6s, C(>n8ol., 2d aerlus
6«, deferred bouds
...
1...
l
6b,
6s.
ao
811
Virginia
i^
0111)68,1881
lO'.'K
So
ao
30
I88>. A. * O
7Sori888
Non-fundable bonds
T jnneasee 6s, old
20
....
Class
<S
...
,
_
Land C.
161^
loij
102^4
11»
(a
Fondlni; act, 186d
LandC. l»i»,J.*.).
I8M
ISM
.
* JolT
Aprtiaoct
A.* U
do
S.C. Kit .... J.& J
.. ..A.40
do
do coup, off, J. & J...
do do off. A. A O.,
1879
.
do
do
•s.
..
m
101
1882 or na.
do
ISiX..
do
IS'fl..
do
do
18d8.
issgort.i.
do
or Un..dae 189^..
8}otb Carolina
77X Sortb Carolina—
M.old.J.A J
70
(1, 1873-7>
«•, 1S93
7s. I8:iu
Canal Loan. 1878....
M,
80
Bid.
im'
lU
Olilo«a,i886
Rnode island is
<(,go!a.reK....18r;.
do coup..!8g7. ..
do loan...lB88, .
«•,
do do , IMI.. .
if
90
Ss.of 1911)
consolidated
Is.small
FundlOE, due 18M-9.
Han. * St. Joa.. doe I83S.
do
do ifc'T..
101
<s.
M
58
.
anvBrTtas.
Bid. Ask.
New rork State—
85
63
^B
l»
7s,
do
do
do
do
do
Asylam
IIM
..
3s,
Ks.
do
Missouri 6t,duo
7
III
IIU
nnw.
new
Psnltentlary.
ts.leveu
do
7
7
6
s
a
lUOH
nev
68,
•a,
7s,
Ulctalgan
1(M
7b,
bonds...
78. endorsed. ..
78. gold bonds..
({, coupon. iKa..
do Warloau
Keatnok;!*
.••
fi
.Mwipllli A I..K.
II, L. '{.P. !!. *S.O
It, Misa. (>. & It. I!
Ulinoli
•*
B
;.
do
do
do
•
'***
Arkup'oa M, funded..
do >, L. h. 4 Ft. 8.1m
do
do
do
do
do
do
do
do
do
do
do
do
do
li!J
(to
do
do
do
do
aSOUBITIBS.
JiR. Ask.
aaouRiTiaa.
Bid. A^k.
..
71
81X
Oinrlctof ColumblaS'6S8, 9:4
do
small...
do
registered
<
4
lua
76M
RAII.ROAD AND BIISCBI.LANEOITS STOCKS AND BONDS.
!
Rmllroad Stocks.
Krle 4tb mort..
lAcUv«prerVuiily quoCd,)
AlbanT &. Susquetmnna...
Burl. C. Itap. .s: Nortbcra.
Central TaclQc
SO
OblcagoAAIton
74
do
pref
Clove. Col. cm. & 1.
Cleve. & Pittsburg, guar..
Col. Clilf. & 1 Cent
Onbuijut' & Sioux City.
Erie pref
^« 100
31«
Island
.
do
Clere.
.
& TcxaH.
New York Klevaiea Kit..
New Havtn & Hart. 15!%
& .Ml*«!t88'pi)1,pref
«
BeUevir.e& So.
St. L. I. M
St. L. K. C.
Terro
Ill.,pref
A
ll:i!;tt!
llld'polls
rli;t
111.-*'
Caolon
Cent.
(.'u.,
-N
I
.
.
AjnerlCiiii
Md.
Iron.
do
& M.Co
oo
pref.
Silver .Mining....
Uslock i^jcchanne Pi-ice.<i
II. 4: Erie. l>t m..
do
guar. ...
Bar. C.K & north.. Isi 6s.
Is.
ut m.
*^"
«x conn
mort.
do
Income.
Jollet ft Chicago, Isi m.
Ls. ft Mu., iBt in„ gaer..
tc
Alton
106>«
livyi
119
1.2
8t.L.Jack.ft chlc.lst m. 104
Chic. Bur.ft ({. 9 p.c. latin 113
do
consol. m. 78 no« iiiX
do
Ses.f
90
Land grants,
do
do
Sinking fund...
Paclflc R. of Mo., IsT mort...
do
2d inort
Cblc^Bk-Ial ft Pac.do
Income, 78.
B.F. Inc.6s.'k5
loax
do
IstCaron'tB
68, 19:7. coupon
108
107H
Sontb Pa';. RR.of Mo.,lst m..
6s,19I7. reglet'd
RHCesiral of N J ., 1st m., n
lilH Penn.
Pltta. Ft. W. ft Chic, Istm.
do
do
1st consol
nm
.
do
do
do
do couT... .. «BH
Lehigh ft W.B.con.guar 40«
Am. Dock ft Imp. bonds
letm., LaC.D.
lBtm.,I.ftM.D
latm., I. ftD.
1stm.,H.ftI>.
litm., c.ftM
ext'n bds..
mort...
1st
cp.gld.bds.
reg. do
ft
1^
m. Ss.
Chicago Ext 105
:st
Peninsula
lula 1st m.,
m conr. I1109
Chic, ft Mllw..lBt mort. 108
Wlnona48t.P.,lBtm. 9t
1
do
I
2d mort.
do
do
do
do
H.s:iex, 1st.
»7«
do
2d mort la^
Watert'n ft Og.,con. lat
Mountain, lat m. lOSx
do
do
2d m.. S58
St. L. Alton ft T. H.—
Alton ft T. U., 1st mort ..
do
do
bonds, l«n.
96>4
87«
do
do 189: 99
do
coop. 18. isw
do
reg. :a. \mi
Albany ft Sr.sii. in ids
do
,i„
96
Belleyllle
Tol. Peoria
I
do
end., M. ft C.
108M IIOK MobileAs (coups, on)
a-i
6'>«
do 88(coupa.on)
15
do
6s. funded
flM
52^
ft
Chic,
V. Ist
Inc. 78.
let
7s, 30
m
70
years, io;>«
97*;
.
»-,
•lie, 1st mort., extcadetf
do
do
endorsed..
do 3d mort., 7s, iifig.
do 8d do 78. 1883
•
tne
118
lOlJi
89
75)^
90
••.
6
64
*»
I
Albany, N. Y., 6a. long
t 102
Buffalo Water, long ... ......flino
6s. long datea,
85
do
78.aewerage
t 101
de
7s, water
f 102
7s, river Improvem't t
7h, long
t
Cleveland
Ind. :st
78. 1.g.,
100
toe
110
loew Detroit Water ^vorks 7s
Price nominal
t And accrued interest.
gu.
g.,uotga.
ex I. g.. 8.
lat is, 1.
1st
77
40
Valley ?», lat m*. t«6
ft Ot. North. 1st 78, g.
50
Hons. ft Texas C. lat 7s. gold.
K»«
do
West, dlv
SO
Waco
do
do
79
68
ft St.
do 7s, g., do MftS,'86
do 6s,gold, J.ftD., Itlll6
do 68, do F.ft A., ,895
do 78, Leaven, br., '96.,
do Incomes, No. u
do
do
No. 16
do
Stock
Keokak ft Dea Moines lat 7s.
do
funded Int. 3a
Long Island RR., 1st mort.
LotilBV. ft Xashv. cons. m. 7b.
do
2d m.. 7s, g
.
91
75J4
44
do
do
do
coneol. 68
r;illroad, 6a..
Norfolk 8s
PetersburgBs
do
88
34
13
15
7
65
90
85
47
96
81
90
58
S-^
82
H2
70
76
80
68
24
88
98
96
90
94
30
92
95
45
K^
2d,
do
guar
Newark
ft
1.,
1st
ib.
m. bonds.
sink. fund..
Sooth. Cent, of K. Y.
Soathern Minn.
do
Tol. Can. Rn.
tNo price
*
Is,
guar.
7s. 1st
Det
41
to-day
:
mort.
8a...
lat 7a. g.
these are latcat
47
50
9
65
90
40
40
Gulf, coneol
do
end. Savan'h.
Carolina Central let m. 6a, g.
Central Georgia conaol. m. 78.
ft
.
106
do
stock
Charlotte Col. ft A. lat M.
Cheraw ft Darlington (}s ..
Eaat Tenn. ft Georgia 6s
l^asi. Tenn. ft Va. 6s end. Tenn
B. Tenn. Va. ft Ga. let m. 7s
do
do
stock...
60
78
90
100
SO
Georgia RK. 7s
do
00
109
97
70
68
stock
Greenville
ft
Col. 78, 1st mort.
do
78. guar...
Macon ft Augusta bojds.......
do
2d endorsed. 96
do
stock
Memphis ft Charleston Ist 7s.. ai
do
2d 7s... 88
do
Btock.
ft Little Rock
MlsBr:.alppl Central lat
.Memphis
Istm.
m 7b
.
.
6
32
99
90
41
fie
M
86
8
48
108
9 H 96
bS
86
102H 108
80
2S
60
50
80
81
86
86
86
"id
ft Jacks. 1st m.6s. liw
110
CertlScate, 2d mortg. 8s
100
Nashville Chat, ft St. L. 7s.... 961,
Naahnlleft Decatur, lat 7s.... t9
Norfolk
ft
Petersburg
do
do
1st
m.Ss 99
7s 85
86
do
lOlM
2d m.Ss
Northeastern, 8. C, 1st m. 8f
104
do
2d m. 8s.
86
Orange ft Alexandria, lata, 66 90
do
2ds,6a..
TO),
do
8da,8s.
SO
4ths,8s.
16
do
Petersb'g
Ulclun'd ft
lat m. 78. IC4
60
ft Poto. 6t
do mort. 78
do
Danv. 1st consol. 6a...
.conv
7a.'8t
100
Southwest UK. Ga
85
Southwestern, Ga.. stock...
88
4. Carolina HK. Ist ni. 7s
Rich. Fre'ksb'g
Rich,
^^
ft
do
do
7s, IIU!
7s, non mort
SSTannata ft Char. 1st M. is. . .
Charleston ft Savan'h 6a. end
101
80
80
M
»
80
70
100
loe
90
86
60
78
Tennessee State coupons
South Carolina consol
^M
nH
87
1st
07
108
102
20
:04
70
83
30
83
l«
.02
Weat Alabama 2d m.i». guar.. |08
lat m.ila
do
108
83
35
SLL.ftSo'easl. cona.Ts.gold.lM 2S
Louis Vandallaft T. H. 1st. 101
St.
SODtb Side, L.
80
97
70
80
30
88
lo'x N. Orleans
101
I
do
Sandnaky Mans,
95
65
79
70
i>2H
Ulchmond 6b
Savannah 7a, old
Atlantic
.
class B.
class C.
.
wharf Imp'ts, 7-ot'
ibo'
RAILROADS.
mi
do
do
new
lid m. 5s ..
do
do
2d ex conpona
102
Mlas.ft Tenn. lat mort. 8a, "A"
do
8s, "B"
i7W .Mont,do
ft Enf aula 1st 8a, g., end
Mobile ft Ohio sterling Ba
do
do ez cert. 6s
SS
do
Bs. Interest
do
3dmort.8a
101
97
0!
62
ft Chatt. Ist m. Sa, end
do Kec'ver'a Cert'B(var.N08)
^^
.
old
103
111
113
95
Ala.
30
89
22
88
6s,
8b,
101
95
103
7a, new
do
47
WUm'ton, N.C., 6e, gold ) coup
do
8a, gold i on.
Michigan Air Line 3s, 1390....
Uontclair ft Q. L.lat .a
7
do 2d ra.'ts
.,
4Sk
66J« Mo. K.ft Tex. 1st 78, g., I90»-'06
rio
IS
2*1 m. Income...
'<8
N.J. Midland 1st 7a, gold
25
I.Y. Elevated liR..lstm
81
80
N. y. ftOtw. Mid. lat
6
85
4
84
do recelv's ctfa.Oabor) 27
do
20
26
do
(other)
North. Pac. lat m. glil. 7 3-10,.. 20
80
88H
Umaha ft Southweatern HU. 8f lOSM 106
isS
Oswego ft Rome 7s. guar
93
90
Peoria Pekln ft J. Ist mort
40
20
87
Pullman Palace Car Co. etock. 7?
78
93
do
bda.. 88. 4 th series 90
St. L. ft I. Mt. Ark. Br.) 78, g. 65
St. L. ft San F., 2d m., dais A. 43
60
80
do
do
Chicago
do
106
It.ft
do
do
nilscellaneoDS List.
CITIES.
io
'" ''! '•on., ^tift baratoga. lat cp
''"
latrej
53
24
I
.
|120
J120
1st ui., 1888..
Grand
do
103H
...
46
78
45
103H 10«<
80
75
36
36
36
New
101
RB
niW
Orleans prem. 5a
75
Nashville
I
m
95
(2
Wi
84
43
33
Montgomery, new
do
r.ew
consol. bds..
Loula I8t7e 70
104)^, lndlau:i|>. ft Vlncen. I8t78, gr.. 75
'Intcruatlonal iTexaa) :st g .,
;o5H Int. H. ft G.N. conv. 88
Iowa Falls ft Sioux C. let 78...
t97
.lackson Lnna. ft Sag. S8,l8t
Kal. Allegan, ft G. K. 88.gr..
90
40
Kalamazoo ft South H. 8s, gr, too
Kansas City ft Cameron ids .
100
t98
Kansas Pac. 7b, g..ext. MftN.'99 65X 66
do 3s. g., I'd gr.,J&J,'ao 82
86
noH
.
100
Sa
3a
17
^•'
14
Mien. L. 8h. Ist Ss. 'S9. f...
S'thweatcrn 78, guar.. 93
Hock
ft
m.
.2d
150H
Indianapolis
1 14H
70'
do
ex coupon.. 100
do
2d mort., '93.
do Ex ft Nov..'77,coui>.
Quincy 4 lolodo, lat m.. '90..
do ex mat. & Nov.,*r7,con.
llUnoU ft So. luwa. lat mort
do
ex coupon....
Han. ft Cent. Missouri, Ist in
Pekin Llnc'lnft Dec't'r,lstm
Western Union Tel.. ISOO.cp...
do
do
reg...,
mo
Reos.
ft 8. Ill.R. 1st
ft
K.
Great Western,
,'()
S<1
2d mort.. pref..
2d mort. Inc'me
m. 8e
Warsaw,
D.
do
W. D..
do Bur. DlT.
do
2d
mort..
109
do conf»oI.7f
lOU
Tol. *
ft Wabash, tat m. nxtcnd.
nxtcnd
do
ex coupon
do
Istm.St.L. dlv.
do
ex-matnrod coup.
do
2il tnort
...
do El A Nov.,*n, coup.
do
enutp'I boutla.
do
con. convert...
82M
„ do Ex. Ang.,'78,& prev'a
construcfn
.
ilO
ft
mort., 68
111. 1st
do
Col.
do
do
do
do
m
of 1871
...''"
'"' con. guar.
,.
Uel.ftHud.Canal. 1st m.,'8i
.
.
Mmort.
78,
2d
71
gold,I89i-19io. J.ftJt 110
gold. 1901 .J.ftJ...t
!09)i llOMll
...
112>4
•mu •mi
do
U.C.C.ft Ind's Ist ni.7a.S.I' no
do
consol. m. bds
99
Del. Lack, ft Weal., 2d m.
103X 104
do
78. conv iiuo
Brr.Blngh.ftN.r.i.t.ia
101J4
Moma ft
8b
River
93H Grand
Houston
St. L. ft Iron
00
.
ealena
Eaal.
ft
101!.^
Rome
87
conaol.alnk.fd 97
2dm
97
N. \V est. sink, fd lODX
do
Int. bonda. 108
do
consol. bda lOBJK
ft
Iowa Midland,
Cblc.
96
110
ft Pitts., consol., s.f
IU!>
do
4th mort
Col. Chic, ft Ind. C. 1st mon 3ti>i
lOTM
do
do
do
do
do
do
Warsaw
_,
Chio
103S4
m. 112
3dm.. 1U4
do
do
Cleve.
Cb.Mll.ft St.P.iat m.Ss.P.D 118
do
2d m. 7 31(1. do lOSJi
do
I8t78, Ig .l:.D 104
Iat7sjt
do
do
Chic,
ft
Orand Trunk....
llnofs
Chicago ft Iowa K. Ss... fig
^^
Chic, ft Can. South lat m. g. 7b,
ft
105K Chic,
Cln. Lafayette
.
do
do
do
do
do
Sulncy
121«
7b.
7s,
78,
lOe,
I
.
tat
do
do
do
.
lOOi,
tlOa
44
C *3H
.
.
.
coneol. 7s
68, 1883
6s. 1887
6s. real estate..
68. aubscrlptlon.
ft Hudson, iBt m., coup
do
IBt m.. reg..
Hudson It. 78, 2d m., a.f ., 18$S
Uarlem, iBt mort. 7b, coup...
do
do
7b. reg .
Class
^^
am
mi
Boston
Cheu. & Ohio
do
do
Georgia 6e, 1878-'89
3. Carolina con. 6s fgood nos.)
Texas's, 1852
M.*St
pension. 1894.. J.*Jt
BuMi'iiA N. Y. Air Line, lat n 102«
Mu.Klv., landm. 7s...t 109 i,
CITIES.
do
convert 8s var. ber. 110
Atlanta, Ga., ;s
Cairo ft Fulton, Ist 78, gold... 6^
70
do
8s
Calif.^rnla Pac. KK., "a, gold
96
93
do
waterworks,
do
6B, 2am.g.
NO
77
Augusta, Ga., 78. bonda...
Cnuiriii^'i'ithem, 1st m. cjup. 67
88 [i Charleston
stock 6s
Cenlfrtl I'.iclllc, 78, conv.
lOS
lOSJt Charieiiton, S. C., 7s, F. L. bds
Ci-ntrrtl of Iowa latm. 7s, gold.
31i, 33
Columbus, Ga., 78, bonds
Keokuk ft St.Panl 8s
100}^ 101 )t Lynch burg 6s
Carthage ft Bur. 88
101
100
[."viacon bonds, 78
Dixon Peoria & Han. 88.
lOlH lOajillMemphla bondj C
I), o. ft Fox K. Valley 8s
Ho HI M
do
bonds A ft B
,
Railroad Bonds.
Lhlcago
99H
87
48
68,^:
...
!
83
Marietta ft Cln. 1st mort
Mich. Cent., consol. 76. 1902
108k ISO
lBtm.88. .832, a. f. tlCOi
do
equipment bonds.
do
New Jersey Southern let m. 7s
do
gold.
.
lOJ
99!^
9»hS
do
107
101
SS
do
Ist 7s, lu years, 89
do
2d 7s, 20 years.. 91
Connecticut Valley ,s
£0
121i,
Western 18178...
22
North Mlsaourl. 1st mort .... 104
ma, Connecticut
9SJ4 Dan. Urb. Bl. ft P. Ist m. 78, g. 21
ath Ohio ft Mlas., consol. Blnk. fd.
Denver
Pac,
Ist
m.7F,
ld.gr..g.
40
do
consolidated
Denver A Klo Grande 7s. gold.
do
2d do
til
Des Molneaft Ft. Dodge lot Is. io'
1st Bprlng. dlT..
do
Detroltft liayClty 88,cnd...*t 70
12H
Paclflc RailroadsCrle ft Pittsburgh lat 78
98
106
Central Pacific gold bonds
105X
OR
enH
do
con. m., 7b.. 80
San Joaquin branch
do
8SK
25« 2t)
do
78. equip.,
bS
do Cal. ft Oregon lat
EvauBvllleft Crawford8v.,7s.. ioi
do Stite Aid bonds. ...
iVtJ
KvansvIIle Hen. & Nashv. "a..
40
do Land Grant bonds..
104!
Bvanavllle, T. H. ft Chic. 7s. g. '55
Western Paclflc bonds
lOlW
110!
I'llMt&Pere M. Ss.Land grant. 'SO
UU
Southern Pac. of Ca)., lat m.
Fort
"89
W.,
Jackson
ft Sag. 88,
42
Dolou Paclllc, Ist inort. b'ds
WOH.
Pennsylvania Coal
Bprlng Mountain Coal...
Marlpceii L.
Cons. reg.. Ist..
Cons. coup.. 2d.,
Cons. reg.. 2d...
do
do
do
do
do
Coal
Cumberland Coal
Maryland Coal
&
1U3
78,
{.Urokern' Ouotruioris.)
lie
105
112H
rellK,6^',gold.
I".
61
7s
Pacltlc, So. branch,
STATES.
new consols. Class A
in« Alabama
do
do
Class B
llnr. ,V
:07)i
Line *b
S. T. Central
Im. Co.
Oousolldtit'n Coal of
OnUrlo
20«
Haltliiiore
&
new bds
new bonds..
.
180M
.
Telegraph...
Laud
& State
do
do
do
m
niH.--'i*oiiH stocks.
All.r M iV l"a.;.Tel
Am.
Ash., old bds tl03
ft
do
Eric,
ft
Kalamazoo ft W. Pigeon, lat
Det. Mon. ft ToL.lst 7e, 1906
Lake Shore DIt. bonds ... .{ lOOX
do
Cons. coup., let.
,
..I.K.4C
(inM.'.l ^
107M
RAILROADS.
Atchl«on&
Logansport
ft
Southern Securities
88
1'8
'.08
19P3
Union
Union
West WlBConaIn
107^
112
t 103
110
f.aos
Yonkers Water, due
UI5(
new bonds
do
de
Boffala
Buffalo
7(P
* Southern..
& Norlh'n.pref
Toledo
111
Tol. sinking f und.t 1I3H
ft
Cleve. P'vllle
Ch., guar.,
special.
do
do
Bennelacr ft Saratoga
Borne M'tt'tntowa ft Ot,
M. Louis Alton ft T. H ...
do
do
pref.
t
Water Ta, long...
Oswe«o7s..
PonghkeepHle Water,
2d dlr. J 103
8<
88
107
t
various
.
N. V.
PltU. Ft. ^V.
do
SO
SO
104
t 105
t 96
t
1885-93
6s,
Indianapolis 7-SOs
Long laland City
Newark City 7s long
m
do
do
2d mort.
iS§J Lake ShoreMich 8. ft N. Ind., 8.F., 7 p.c,
23
147
100
do
Cedar K. ft Minn., Ist mort..
ftoehester C. Water bds., 1303t 118
Indlanap. Bl. ft W., Ist mort.
tl«!<l liO« Toledo 8s. ie89-'94
t 1.11
Missouri Kansas
Ohio
do
Elizabeth City, lasO-M
Hartford
conr. mort.
ft 8t. .To., 8fl,
llUnola Central—
Dubugueft 8lou?k Clty.lst
77
Barium
Long
75H Han.
6?"
JolletA Chicago
10a
li«
18, 18IJ0
101)
do Stta do 78,1883
do 7s, con8., mort., g'd bds
do Long Dock bonda
t loeV
Buff. N. Y. ft K, Ist. m., 1916.. 108W
15
PAST DfE COOrONS.
Virginia coupona
consol. con*
do
qasuUoiu made
this
week.
80
40
an
M
'
,
..
.
.
J
.
,
.
'
,
.
THE CHRONICLE.
388
NEW YORK
Bank
Stock
[Vol. XXVI.
LOCAL SECURITIES.
Insurance Slock
I.l8t.
[.jiiotatlons
bv B.
thus (•)
are not Nal'l.
America*
Ain.Eichjnge
Krewera'A Gr.*
9
8
5,000,000
7
12
12
May.
Jan
Broadway
88
16
Jaq
10
•July.
8
8
8
10
9
'an.,
i.OHS.BOO Hi-m'ly 100
N
600.000 l"i!.5()0 J.& J.
1(?0
May,
M.&N.
•^1
l.ft J.
8.000 7. & J.
275.,'SOO .;.& J.
7
10
6
Bull's Head*...
llntcherB'.& Dr.
Central
aso.CKKi
KKPi
HKi;
Chathan
•i^
1,000,000
10
aoo,o(H)
ail
.'XKI.IHHI
Chemlca-
2''
4.')<1.00<l
KKI
S0(I,0(K1
Cltlzena'
2.')
City
.'<.!KIO
1.14.200 .!.&
lOO.OIKt
looii.ijao.ooo
1(10 i,(Hio.ooo
1001
Coutlnentnl
Corn ExcL'ge'.
East RIv r
11th Wa-d-.... 2r.
Fifth
too
nithAv nne*. 100
First
100
Fourth
Fulton
KHI.mMI
.')2.4"0
lOO.lKK)
.
,.
I.'t.'i.OOfI
600.000
German Am."
German E.vch.*
German a*
TiJO.IMlO
100,(XH)
800,000
Hanover
IrTlDff
...
Leather iMantf,
Manh'tlMn'..
.
8, ion
Metropolis*.
..
..
}fas8au*
..
.
K\\
600,(K10
25
600,000
'healx
Produce"
Republic
210,<'00
200,000
;00l
100 1,000,000
100:3,000,000
7.50,000
8
»
3
14
10
14
12
\i
7
H
J.
0(1
I
8
...
*
vlO,0;i(
,000,000
1
1
8,<00 F.& A.
51.000 I.& J.
61,100 I. 4.J.
22:),-
00 J.
4
J.
41,500 J. 4 J
i'9,noo .M.4 N.
5,800 J. 4. 1.
4
830(00
J.
tiH7,-,0(»
M.4N.
200,000
J.
Jan.,
'7-'.
Apr
,«Q
,
Brewera'
110
lIOHi
la*'.,
78
'78.
Feb.,
July,
3
Nov,,
Jan.,
'78.
'77.
•77.
'77.
l!l(i
149
'85
100
100« 103
130
5
S«
4
2H 47«
3«
108)» 110
71
3
6
Nov., '77
Jai., '78,
Jan., '78
Feb., '78,
Ja"..'77,
July, -77
III
7
H
B^
Aug.
3
Jan., "77 a
Jan., '78. 5
Jan., '78. 5
u
12
10
10
h
7
7
8
B
8
8
10
H
8
8
Jan
Brooklyn
Ughl Co
Co (Bkhn)
Cias
Citizens' Gas
„
do
26
20
9erliilcates.!
Harlem
Jersey City
Manhattan
4
Uetropolitan
do
certldcates
do
lo d
M'ltual.N, y
do
l.COO
50
20
50
Hoboken!!.'.'
.'.
100
.,
V
1,000
100
...
bonds
1,0(X1
IVassau, Brooklyn
do
_
25
People's (Brooklyn)
do
do
bonds
do
,
l.(KHI
.
New York
WUliamsburg
;
do
scrip
Metrotiolitan. Brooklvn
Mucuipai
.
100
10
cdrtlllcate^.
d.>
Central of
Va
scrip
New York
r.
,'.".'.
I
1
:.;.'i
Var.
SO
50
Var.
11X1
100
Amount.
Period.
2,0flO,O(K)
Var.
Var.
1,200,(XXI
320.0<Xl
A.40
1,850 (KXl
F.4A.
38-<.<XXI 1.4 J.
J.
4,0(X).(X10, J.
4
2,100,000 «.4S
1,000,000 .\f. & S
500,000 J. 4 J.
5,01X1,000
1
1
,000,000
,000,000
Bieecker Si.it FaUotii<erri/—Bi^.
1st inortgage
1st
(fc
Seventh Ave
mortgage
—stk..
Brookli/n Oittr— slock
Ist
mortgage
Broadway
lBr(ioklt/n)~6tock..
Brooklyn A Hunter's rt— stock.
1st mortgage bonds
Swihwick Av.
(/y'A-^i/;?)— stock..
7(XI,(KH1
4,1I(K1,(X10
^25,(KK1
31X1,000 J.
3d mortgat^e
Convei-tl
lie
EiienpioQ
8txth Anenue- stock
mortgage
T^lrd Are lue—block
UL mortgage
1st
I'lrent^'lhtra litreet~»lncd...
i.t
•
-t.
'<0
40
2<X),(i0(l
KXl
15
150,(XKI
25,019 10
129,148'20
1X1
5lX).(XK)
Hoffman
5.53.398:10
50
200.000
98,478ll0
;«i
LenOT
25
Longlsl.(Bkn.i
.50
4
3tv •lar.
3WIFeb.
1 .000,(X10I
i,ooo,(X)ii
i,(xxi,ooo
Quar.
J.
2 jJai.
3>^ .Ian.
M. 4N.
2H Nov.
1.
1
1»500,000
2,000,000
.300,000
2(X1,000
4(X1,(XX)
KXl
100
5(X),(XX)
KXl
145
'7"
M.4N
Q-J.
A. 4 0.
J. 4 J.
.1
236,000 A. 40.
100
600,000!
200.000
10(1
250.(XXI
500
5(10.(XX) J. 4 J.
100 1.198.500; Q.-F.
150.(XXI A.
1,000
1.000
1,(160,(XXI
:oo4c
200,0(X1
100
750,000
415,000
UKl 2,000,(KX1
.
M.4N.
1,000
V ,000.0(X1
10(1
600,0(X1
250,(XX)
40.
M.4S.
A. 4
II.
M.4S.
1. ft
Manhattan
Q-F.
4 J
M >^
1
110
100
72
100
85
e, '93
100
102
Jan., '84 100
Sov., '77 123
Apr., '93 105
40
7
1904
91
13
"7"
''84
iio
Via
115
'
17
,5<x>,(XXll
-28,013
-8.314 10
448,8.30 10
io
10
.^50,00(11
124,141 12
12
2(X1,0(X1
I.IKXI.OOO
'2(Kl.(lOO
.50
2IX),0(X)
300.(XX1
200,0(X)
-18,150
200,000
60.747
,50
200,000
all
55
97
88
60
85
f6
100
is
20
20
20
,8>v
U
'7810
Irt5
170
.Ian., '78.
7
1'25
Jan., •78.10
Jan., •78. 5
•78.10
,
Feb. '78. 7
"105
109
175
180
li-0
90
to
155
150
65
10
12
11
July,
Jan., '78- 6
11(1
115
20
20
20
Jan.. •78.20
2(l(i
2(0
Jan
6
105
Jan.. '7810
1.S0
18
.Ian
Apr.
10
10
13
Vi"
'78.
6
'78.
,
Jan., '78 10
.Un,, '77. 3H
Jan,, '78. 5
3'.^
10
5
'78.
July
Juiy
'77.
•7.<.
5
6
Jan.,
Jan,,
Ian.,
Feb.,
'78.
5
80
!5
20
10
408,142 20
re-iusurance, capital and tcrlp.
— shows d-;flcleuoles.
t
150
80
86
65
8.)
100
•2(1
i.)(i
'78.10
IbJi,
18
'78 8
'78. 4
10
10
11-55 12 35 .Inly, '77.6-23 120
15
17^ Jan., '78. 7M--..
'78. 6
i-tb
10
10
'20
Jan , '78. 7 120
16
•25
•20
126
Jan.. '78. 5
1-25
IB
tian.. '78. 8
IB
Jan.. '78. 5
105
10
10
'78.10
|'20
190
Ian..
20
.52.184:10
146..S66'20
dcductet.
90
140
118
175
•78.10
,
Jan., •78. 5
Jan,, •78. 8
Jan
20
116,943 I2>4
14,484 10
16'.044lll-6
128.762 12}4
168,1)84
108
06
10
'208,785
liabilities. iucl'Jding
represenied by scrip
14
789,612 15
D
3,2.5(1
55,756 10
t8,824 10
•221,(X18
Thd
ijo
128
118
85
114
iOO
sniplufl
CltF Securities.
IQuotatlons bv
Danikl
A.
Moras.
Itroker. 40 Wall 8tre t.:
iNTSRBST.
Bonds
Months Payable
ISil-ftS.
Water slock
1851-57.
do
Croton water stock 184.5-51
..lS5'2-lXi.
do
do
Croton Aqned'ctstock.llieo.
pipes and mains...
do
reservoir
bonds
10
Central Pa k bonds.. 1S53-57.
(lo
UD
..I853-«5.
Dock bonds
1870.
do
Ir75.
1860.
Floating debt stock
18()5-<».
Market stock
.
Iniiil
)veuient stock
do
(.0
.
1869
....1869.
Consolidated bonds
Street Imp. stock
do
do
New Consolidated
Westchester County
var.
var.
var.
6
6
5
8
8
6
8
7
6
7
Ask101
102
lOJ
105
lOS
116
1G8
10-J
:07
116
117
106
108
100
101
Feb., May, Aug, 4 Nov.
118
May 4 Nove*n^or.
18»t-18'J7 117
104
1C5
do
1889
do
;i3
1879-l,sfl0 K'2
do
do
lOS
109
1901
do
do
1888
do
W2ii 105
do
fin
1879-18S2, 102'|1('5
do
1(8 Il0»
188B
January 4 July,
108 '107
do
do
1884
do
00
1877-181>5 100
1901
1898
1878
I
!
I
8g.
6
8g
Hkkhk.
.Ir..
Hrolcer.
.'in nary
do
P -rk bonds
Water loan bonds
Bridge bonds
Water loan
City Donds
Kings Co. bonds
4
in Wall
July,
do
do
do
do
no
do
do
do
do
QO
do
do
'lo
do
May 4 November
di
do
Park bonds
January A July.
do
do
Brldg•All BrooKlyn b'mds
1878-1S-«)1 100
do
do
do
do
May 4 November.
7
1'.
BUI.
I
1878-1879 100
lOJ
1890
1883-1S90 103
1884-1911 101
May 4 November.
1884-llKK) 112
Feb. .May Aug.ftNov. l!X17-l«n 1(6
1*0
do
1878-1898 101
6
5
6
7
May Ang.4 Nov.
do
do
do
do
7
7
TQuotatlons by N.
Brooklyn— hociki Impr'em'tClty bonds
Feb.,
Prick.
I
due.
st.I
104
1878-1880 101
IIS
1881-1895 104
19161924 !17»<|ll»
119
linii
1903
1915
|117,S'11»
100
1902-1905 108
107
1881-1895 104
1880-188:1 1115
108
18.8(l-l.ss.) 102
106
10-1
19-24
110
1907-1910 107Vs 10»X
1
rial.
l'5
91
100
115
130
102
100
105
.1 .
'93 100
7
This colamn snows last livldeud on slocts. but the date of maturity of donds.
1,0(X1
•2(1
2*28,(M811B
1902
Feb., '78
4
20
2.50.(XX)
7
5
7
20
300,( 0(1
Jan,, '73
5
20
,
18
20
12
2.50,S;)0
3
,
.32:1,996 '20
10
70 X
ino
102180
185
101
185
7«
90
-luiyl
83
Apr., '18 «0
Apr '85 95
May, '88 90
Oct.,
85
May,
70
July '90 105
Ian. '78 120
July •90 100
Feb. '781 95
Jan
50
1888
Jan., '-8
Jrill,,
20
25
Oct., '76
Jm
.SO
2(1
200,000
175
95
86
30
10
10
90
5
'7n. B
Jan., '78 8
Jai., '78. 5
Jaj., '78. 8
•20
'2(1
100
'S
•268,'204l80
Wllllamsh'gC
"Over
Jsu.
108
Jan.. '78.10
'78. 6
Jan., '78. B
Jan '78. 5
•2(X),000
100
.Mar.,
10
10
200,(X«)j
2(X),0C0!
2(X).000
80
118
.Ian.,
10
10
20
20
20
75
140
132
100
105
83
10
12
'2(XI.0(X>
2i>
6
10
20
20
20
25
25
'78.
•20
108,88820
100
12
13
111
125
270
'78.6
Jan., '78 5
Jan., '78. 5
Jan., '78. 5
11
14
102,661 '20
208,026 20
Rutgers'
Saleguard
125
98
192,81X1 10
1.50,(XlO!
100
5
5
208,004 14
•150,(XKl!
KXl
100
ia,i
'78.
an.. •78.
tl34.940 IB
80,494 10
,5(1
Republic
'78.10
140
100
90
I60
80
125
106
25
IfO
20
Kidgewood
jaa..
Jan..
111
108
240
50
7k
5^
'78.
'77.
•78. .3>s
-Ian..
Jan., '78. 8
1,50,(XX)
200,0(0
50
40
112
KiO
1(1
SOO.OOO
&
10.)
Jan., '78.15
•Ian,, '78. 5
.la-',,
125
130
110
58
112
60
53
45
•20
000
120
10)
20
1'26,919 10
10
United States..
Westchester..
7
2
7
7
7
•200.0(Xl'
3(K1,00(1
191
10
1.50.(KX1
2(K)(XX)
85
100
95
170
(H)
5
7
28o,000i
10
20
10
•A5
3
B
20
49,640 20
151.093 20
25
Feb., '78
Nov., '80
Apr., '78
2
7
195,0(Xli20
Stuyvesant
7
3
J.
I.&J.
.lune, '84
1,50.000,
Tradesmen's....
8
,
2(X1(XX|
.5jk.
84
85
1900
Apr., '78
10
12
ioi,i5aii2
39.470 13
til6,818 10
10
12
12
10
10
irn
ma
I
Id
•200,000
200,0(K1
200,(KX1
150,(XX)
Broadway.]
J.4J.
Q-J. *Vi
J.4D. 7
Q-F. 3^
203,000; J.* J.
748,000; M.4N.
1,000
1,000
,
10
'20
Star
Sterling
80
102
80
100
118
;»
l,£.(MI,(X10l
300,000
1,0(KI
Jan.
1(1
200,000
2001X10
Kings Co.(Blin) 20
KnlckerliO'kei 40
LalayetteCBkn: .5(1
Khi
Lamar..
10
Aug., 78. 5
Jac, '78 5
10
Kl
3,(XX1,000 1,018,703110
lfO,(XX)
20,481 10
600,000 ]3t.(«18 12
25
Howard
50
lmporters'4 T.. 50
100
Irving
5
July, 77. 5
Jan,, '78. 8
2(1
*200,(XX1
152
.Ian., •78
10
12
30
20
40
5
flg'B,|
Hatnillou
131
102
103
•
No
178.79.^
20!t
.\
i
60
60
140
167
55
180
...
Hanover
St. Nicholas....
Apr.,
J.
1,(XX)
1,000
..
mortgage
Bouiton. West «t.(f T^icf"^— stk
1st mortgage
Second ^rcMY/rt— stock. .
Ist
.
118,1.52(18
801,674:55
25
Keller
,
466,000 F.& A.
.
Aerry—stock
Central CroHS 'Jotcn- stork.
C-.iSB
200,(XXI
•200.0(X1
5(1
!)0
Globe
Greenwich
Guaranty
Phenix (Hklyni .50
Produce Exclt. KKl
.
K
St
Feh.,
Feb..
4 J.
F.4A i^
100
900,000
6B4.000
IdO 2,100,(XX)
100
100
Fob
5
1,IKIO,IK10 I.
1,000
1,000
10
1,000
5
Quar.
l^ntrat Pk., y.it A'. Hiver—BXk.
1 .soo.ooo j'.'itj'
Consolidated inortgage bon' s 1,000 1,200,0001 J.4D.
B. (Ulattery—ilk
Dry Dock,
100 1.200.0(X1 Q-F.
1st mortgage, cons'd
:o(i4c
900,000 J.4D
Eighth 4tJcnMe— stock
10(1 1,(KXI,000 J 4
Ist mortgage
HdSt. tt Orand
1st mortgage
686,951
653,089 10
1-ark
•Tan,,
F.& A. 3^g Keb,,
Var
Jar
M.4N. 3J, ^ o ,,
M.&,\.
Sov,,
LVnotatlons by H. L. Grant. Broker.
Srotidicat/
1,(K10,0(X)
5(K1,0(X1
Kl
10
30
Peter (hooper...
People's
Jan.,
Apr.,
Feb.,
12
4,9781
-28,235 10
20O,(XXl
2(Xl,000,
I
1.5
80.783 12
1.50.1X101
lis
107
Jan,, '77. 3
116
Feb., '78. 5
Jan., '75. -,H '^
15
15
12
lo
2(Xl,li(ig
180
;j8'S
3
10
2(Xl,(H1rt
210,000
D.ite.
St,
S>t
10
40
805
197
175
'78.10
'78.10
,
20
1.54.588 12>i
'204,000!
97.8881 19
1.50.000' -13.40(1 10
1(1
200,0(X1
.
14
10
—19.724' 10
111.728,15
N.Y. Equitable 35
New York Fire KXl
,
11-4.5
30
iXi..572:14
100
19<-
'77.10
17J4
18
5
5
25
2lXI,fl(«l
17
Boston 100
New ^ ork city KX)
Nlaeara
50
North River
25
,
July,
Jan., '77 5
•25
Jan., '7...10
12 oO Jan., '78.8 65
•20
Apl., '78.10
.la-i
14
th. r,
KKl
Germaii-Aioei'. 100
N. V.
«
10
10
100
-77. 2^,
Apr
-isn..
1(H1
Standard
Par.
-la-i..
•20
177,028
49,942
191,018
114,916
211,737
103.519
Gas and City Kallroad Stocks and Bonds.
Gas Compakiks.
'20
•250
'sci
Broad street.
Feh,, '77 5
Feb., '78.10
100
Mech.4Trad'r.«' 25
.Mecl.'.cs'(BKu) 50
Mercantile..
50
Met-chiintB' ...
50
Montaiik (Bki ) 50
Nassau (Bklyt) 50
National
37^(1
'78. .s
Nov.. '77. 3jJan., '78, 3
'an., '78. 4
Nov., '77. 4
Jan , '78. 4
30
Farragut
Firemen's
Firemen's Kuno
Firemen's Tr .,
Franklin
»l
50
65
Dec,
t32(l,870;20
100
135
100
70
115
•20
2(I1,8.S:J,30
.
9b
'20
179.468120
1.38,119|20
250.000
300,000 -17,87710
2,(X18! 10
200,000
184,803:20
'200,0(K)
1,01X1000 t80M,43Bl 9-80
300.000] 496,731130
IIKI
1(1
125
10
210,(XX)
2ixi.0lX)|
2(KI.(XX1|
2(Ki.(XXI
10
4
6
20
20
20
20
25
LorlTlard
Manu'.sfe lluud. 100
I
[Gas yuotallons by OcorEe H. Prei.tlss, Broker,
,S(10,lKKI,
15
[Qu otations hy C. Z^wRI^K'n.
Jerney Vtty—
Waiel loan, long
1869-71
do
1866-69
Sewerage bonds
Assessment bonds. .. 1870-71
Improveint-nt bonds
Bergen bonds
4'
Montgomery
St.,
':
65"'
July, '77. 5
Jan., '78. 6
Jan..
Jan., '78. 5
Jsn,.
Jan.. '77. 5
Jan.. '7s. 5
10
15
A
Bid. Ask.
5
flj;'.-.!
83
108
HH
5^
Jan,, '7.,
Feb.,.7H. 2'^
12
>'<'• '78. 3
6
10
Jan., '78. 4
6 Jan., •7S. 3.
July. '74. 3'.,
«4^ Feh., •78. 8
iV
'20
:
FBI
Last Paid.
(1(1.^42 i'20
No
l.53,(Kl(i;
.
•!u'r. '74;
'
3!I2,121|;!I)
00(1
2(10 00(1'
;
Oct
«
Kniporiuni
-lofferson
88
3
n<^ .lulv, •77. 3
Jan,, '7n. Xi4
Ian., '78. 5
7'/«
10
10
200
City.... KXl
tiiiardian
4
10
B
(HXl'Nn flg'f'. 1(1
109,572 10
8(Xl.(l(lo!
I'onimerce Fire KXl
...
50
(Continental.,.. 100
Eagle
40
Germania
70
101
A
(•>.
25
15
10
8
25
1(M1
Oebhard
„
.Ian.,
3(«
12
12
10
99
3
.7
-9,613
8
2(K1
.30
Kxciange
275
3
,
H
7^
230
•7'7's'
""•
1(1
20(l.(l(Xll
70
100
Empire
10
72,177
.50
Commercial
•!!°" '78: SV» 100
.an ,7j, ,'' 193
•
10
22,314 14
000
•20
17
Columbia
1876. 1876. 1877
4(X1(XX1 t211-,7(l2 15
25
200
4
B
7.
M..
3
1,
18..3.'j8
200,000
'2(X1
2(1
3
5
May, .„' 6
Nov.,
4
Broadway
Brooklyn
-7u*
,?;•
;ac., '78.
8
8
77,400 .1.4 J.
Bowery
i'i-i'A
Nov.. .„• 3W
5
TH
B
F.&A.
200,000
lOOt
Q-F.
Jan.,
7>i Nov.,
4
ro'jsoo 1.4 J
117.80" I.& J.
159,700 J. &.I.
'78.
'18.
'78.
May,
2Hf May,
8
.1
6
'78.15
'an..
Jan.,
.
.
•7.^.
61^ .an.,
.7K
Jan., .7^
9
.
240,0(K1
300,(KKI
422,7(K1
M0fl,000l
10(1 1,0 o,ooo|
40, 1,000,000
50, 1,- 00,000
"We.tSIde*...
8
J
71,000 F.& A.
2I,5"0 .1 . * J
20,200 .!.& J.
75.H00 J.ft .1.
162,000 .1 . 4 .1
700,000
100
100
Union
B
6
7
7
American
.50
American Ejtch KXl
25
'78. s'
'78. 'a
Fib.,
6
45
•77. 4
!an.,
•78. 8}^
l^•^ .Jan.,
.
85,
IOO,S(KJ
800,000
Seveath AarJ. 100, 300,(K)!
Second
100 300,(Klti;
Shoe & Leather 100 1,000,(KIO
Third
Tradesmen's
1.&
1
100 200,000
100 1,500,00'
100 1,000,(00
Sliih
State of N. y
10
7
34,400 I.& J.
aw
f65,400
& .1 10
4,400 A.& O.
59,300 .\I.&N, "fli<
857,7('0 1 & .J
10
flRl,OfKI
.S,(KK(,IIOO
20
St. vlchoIa<...
•TH
10
-•a
.
100 2,000,000
251 412,500
Peoples'*
12
.
,50 l,(KKI,(HKI
100
100
N. V. County.. 100'
N. Y. N. Excli. 1(1(11
Ninth.
100
No. America*.. 70
Korth River".
50
Oriental*
26
Pacldc
50
Kark
).&
12
5
8
270.700 I & J
l)(H.4'!0 I.& .3. 10
»?.1I00 .M.ciS.
3
13;i,:lfl0 \l.&^,
9
i0H,i00 M &N.
8
'J7B, O'l I. & J.
8
25 2,ono.oo<i
Merchanta' Ex.
NewYor,.
IIH.4'10
IflO.OIKI
100|1.000,(KM1
,50 3,O00.00fl
..
Metropclltft'i
Mi)riay Hi:i*
500,000
1,000,000
Tr.
rCHUtlle
Merchants'.
(i-jV
Adriatic
stri***'
CiTIDItKDt.
•
1878."
KKl
iH
.
...
&
Mech'ics
10
BOO,00(1
407.000 y.'&'.i.
2,0.50.000 1.0 3,100 F. & A
8,'00 J.& J.
I(KI,(KM1
400,000
74, (too I & .J
Manuf.&.Mer.*
Marine
Market
,
140
1(10
.lai",'
.&..!.
tJ-J.
l,0fl0,00<l
l,SOO,0(l(i 1.7IHI,7(I0
Imp, A; Traders'
Mech. Assoc'ii.
3
6
132
100
•76! 3
10
Feb., '78. 5
Ohi .Inly, '77. S
July, '76. 3
10
Oct., '77.
10
677.500 A.& O.
31,200 F.& A
40,300 May.
54,000 May.
18,000 M.&S
300
23,000 r.'&j
1.38,300 I.* J
200,000
200,000
200,000
Greenwich*....
Grand Central*
Grocers*
«H
»
A.
H44.9(,0 1. &.I.
4()O.H00 M.4H.
1, '00.00(1
Mechanics'.
.1
rKKl.(l(«l 1,(K13.3(H)
100H„'J(HI.(KIO|
iB'and City*
.T.
n.ijco I.&.T.
M.mn
1
F.&
726,1100
4l.ft00
asfi.oflo
Gallatin...
M
ffi4.4(10
1001?' ,000.000 •^,502,900
.
4
'78.
'78.
,
Sept.
100 l.OOO.tKW) i,5r)U,aoo
Coicmeice
Coram-r lal*.
.Inn., •-".
uo,ooo
100 2,000,000
100 aoo.cKK)
Chase
b'^
Amount
far.
10(1:3,000,000
10(1
Bowery
Fnrplu",
Jsn.
1876. 1877.
Wall
Net
Capital.
Mart 'd
List.
S. IIailkv. broker. 65
Companies.
Jersey City.]
January 4 ,luly.
1895
101
January & Juiy.
1899 190-21 108U
do
do
1877-1879 100
Jan., Mav, .Inlv .V. •'"ov.
1891
1107
J. 4 J. and J 4 D.
K'05
108
January and Juiy.
IIKIO
105
1
102
109X
101
108
109
108
.
APRIL
20,
—
1
..
THE CHRONICLR
1878]
389
LITTLE MIAMI RAII.ROAl).
luucstmcnts
Or*t$ eamingi.
Ej-pentu.
1877.
Freight*
$583,011
47,S7J
40,5:1
484, ?eo
Express
FasaoDsera
STATE, CITY AND CORPORATION FINANCES.
4r«.8('B
47 0.9
J5.70S
80,419
Malls
Rents
piibll»hed on Ibe lant Saturday
reirular RubHcribers ol th«
CbrONIci.b. No single copies of the Sui'I'LKMEnt are Bold at the
office, as ouljT a sutQcieat number is printed to aappl; ret;ular
abscribera. One numbsr of lUe Sui'PIiEMENt, however, is bound
up with The Finajjciai, Review (Aunual), and can be purchased
in that shape.
The Investors' Sui'l'l.KMKNT
meh
of
uioDtli,
Is
and furniahttd to
Miscellaneous
3H20S
»»
4S'J
T.tal
I«7«.
1877.
Condnctlnft trans... $W',Sj<) $317,714
Motive VOW'
213. 148
r
.Maint'ncuof way...
Malnt'nceof cars...
Utnoral expenses...
1M,4I7
78,IM
tM,aa6
77,041
103.614
I10,4!2
ls,7i3
Total
all
ANNUAL REPORTS.
is:a.
$(i?l,»4g
$»73,748 1918,816
$1,«9B.0?9 $1,176,384
The net earnings for 187: were
Add amount dn*- this road on division of earnings with
$SSS,384'
Col.
Chic. &I. 0. RU
Add for dlvidecds and interest on securities
$30,0(10
7ii.414— 109,444
Total net revenue for 1817
$l<3,780
/gainst which wore charged
Twelve months' rent of road
.$710,375
Interest on street connection
8^4,(125
do
loss In operating urcot connecting rdil-yay..
do
1,035
do
loss In operating Newport ACinn. bridge...
5,1.)1— 740,317
Le<iving net loss for 1877 of.
Pittsburg Ciiiciiinati & St. Louis Kiiilnray.
$308,438
Net loss for 18;8
40e,S9S
{For the year ending Dec. 31, 1877.)
Decrease in loss
$99,861
This company, it will be rtmembered, operates under a lease
The net result from operating this line in 1877 is a very decided
mauy of tlie principal railroads euibraced in the Pennsylvania
jstem. From the annual report for 1877 we have the following: improvement over 1870, attriCu nble chiefly to the largelyfreight earnings.
Increased
The local tonnage increased
riTTSlIfRO CIXCISNAl'I Is SI'. LOUIS PllOrKH.
21 31100 per cent, and the through tonnage 3 31-100 but while,
Expeneet.
Orott t'aniings.
there was a slight decrsa'e in the ra'es received in local bu-iuess
ur7.
I8:i
isr?.
I81«.
(803,101
Frcitjhtt
13,191.76) t2,l!)8 115 TransporUlion.
$8 9,
there was an advance of 22 47100 in competitive rates.
he total
Exprcf*. ...
64,8)1
Motive power..
6\04»
6IIV
tonnage was 584,645 tons iu 1877. as against 517,431 tons in 1876,
9(I5,6(W
Pii(ts'«n<'t!r8
MaiLt. of
431.4311
;
'1
'M.aOi
1.6,n»
Malls
Rents
Mi«c<'llani'OQ».
..
way..
8,<..M
2,1<J2
4.535
18,16b
Malut. of cars.
Gou. expenser.
005.
19!,
ISO,' 44
85,5:
8
,
an increase of 07,324 tons, or 12 99-100 per cent.
COLUMBUS CHICAGO & INDIANA CENTRAL RAILWAY.
Expenses
Gross earnings.
Keat of railway..
Total
Total
$3 097.961 $3,»>4,531
Net tarntngs for I8i7, as by above sLitement
Interest on securities of Union Dejiot Co.
.
$2.bSS,918
.
1877.
$a,4'j7,G'J4
Freights
$1,075.
:o.
t2,a9<,410
64,C93
80j,180
Express
Pai-senccra
Mails
Total net revenue f.ir !87J
Total net revenno for 1876
$l,f8.'j,J<0
t55,98T
Increase
1876.
$-',328 911
t,3,Vi
9t\2«>
;6.4<tr
IOi,:t54
Rents
4.774
Mifcellaneons...
'i0..il7
4,565
1,124
Rent of railway..
66.584
.37,080
$3,.3!;6,2:5
$3,457,716
Total
1876.
$959,140
801.363
695,669
$1 055,064
83'.
,857
318.7.34
2.33,116
671,759
858,643
2(9,141
$J,940,915
$3,07 J,767
$439.2^2
From the abuve total net revenae fur 1877. viz. ..
Deduct interest paid as follows
On the Pitts, Cin. Jt .-t. L. 1st mtgconsol. bonds
On Steubeuville it Ind. l»t morl. bonds
Ou Columbus A Newark
The
...
division bonds
$4^.%5in
180,'00
61,S;0— £63,790
Excess, after pay ng interest on funded debt
Deduct other charges
to
inciue
$415,490
:
Rent Honnr.£;aheIa extension
Interest on n ating debt
Surplus In
$37 *;00
75,S43—
11.3,848
and Interest
$304,141
The re.suli of the operation of other lines was a net loss on
main line and all l^a8e8 in 1877 of f 131 784, againsv a similar loss
on all lines for 187G of $415,054.
This company having been indebted to the Pennsylvania Company for advances made by it, represented by b >th bonds and
bills payable which that company, during its operations io the
past, had from time to lime ciarged to profit and loss, an arrangement has been effected witli it to res'.ore to this company and can1877, after
paying
Total
$l,0JS,-.80
:
re; tals
cel $2..-,()0,000 of bonds and *3379,33lof bills piya'jle, makiaj
a total of f3,77'J,331, thus enabling this company to reduce its
capital account and indebtedness, aud leaving it without floating
debt.
PITT8BDUG CINCINNATI & ST. LOUIS .M.MN LINE.
AllhouKh the decrease in freiglit revenue was only $1.334, there
was a reduction in the number of tons carried of 86.375, or 4'78
per cent, of which much the larger part was east-bound
competitive trafBo the earnings having been sustained by the
establishment and maintenance o( improved rat s for through
business among the competing lines. The entire tonnaee of the
main line in 1877 was 1.722,386 tons, aa against 1,808,761 tons in
1870, and the average rate per ton per mile received was 9 3-10
mills in 1877, as comparei with 8 8-10 mills in 1876.
The number of passengers carried in 1877 was 680,083, and in
net earnings of this line for 1877 were $4.53, .340, an
increase over 1876 of $70,390. These net earnings have been
paid to the rt-ceivers under the order of the United States Circuit
Court at ladianapolis, pending a decision in the suit of the
Pitsburg Cincinnati & St. Liuis Railway Company, against the
Columbus Ch cago & Indiana Central Railway Company, for relief
on account of the lattet's non-fulfilment of i's obligations to the
former under the lease.
The decrease in freight earnings is owing mainly to the
diminution in local rates the tonnage having increased both in
through and local business, and the rates on competitive freight
having advanced. The decrease in passenger earnings is due in
large part to the decline in travel, as compared with the Centennial season, although the depressed condition of business lias
affected local travel to a considera'ile extent.
This line is worked with exceptional economy, and its expenses
sliow a marked reduction over the previous year but owing to
the nature of the larger part of its traffic, and the low rates at
which most of it must be carried, its net earnings do not show as
satisfactory a result as C3uld be desired.
The condition of the road-bed on this line has been steadily
improved, and the motive power and equipment have been kept
in
good order. The many bridges on the line have been
carefully maintained, and the general condition of the property
;
;
is
satisfactory.
ST.
LOUIS VANDALIA & TEKRE HAUTE RAILROAD.
;
1876, 780,903; the average rate received per passenger per mile
in 1877 being 3 46-100 cents, and 2 14-100 cents in 1876.
The motive power and equipment have been kept in first-class
condition, and the car equinjieat increased by 9i) cars ot all
classes, built at the company's shops, to replace various numbers.
One thousand box cars have been supplied by the Pennsylvania
Railroad Company, through a car trust, at an aggregate cost of
$533,000, this company paying 6 per cent interest and 14 per
cent of the cost per annum into that trust, equivalent to $107,000
per annum, in lieu of car service, if the cars belonged to others,
80 that at its termination this company will own the cars without
any increase ot its construction account by reason of their atouisitlon.
CHAKTISns RAILWAY.
Grosseamings
Expenses
18;7.
1876.
$77,167
$77,1T6
Sl.jtO
349(4
Net earnings for 1877, paid to CUarliere railway company,
under contract, $43,406.
CINCINNATI ft MUSKINGUM VALLEY RAILWAY.
„„
Grots carn.ngs
,
fixpentes
1877.
J876.
$83«,t;3
»%0,8S7
$3«..S59
3S',74i
Net earnings, 1877
Deficit, ib7B
Imp-oved
1877.
Transportation.
Motive power...
Matnl. of way.,
Mainr. of cars...
Gen'l expenses.,
$25,S85
..............;;!;;.!
result
The above net earnings apolied toward the payment
company's interest charges, $105,000, leave as net
7;88i
$33,S70
ot tliis
loss in operating
this line lor the year, $79,114, as against $112,384 in 1876.
Gross earnings
Expeuses
1877.
1876.
$1,106,265
812.513
$1,097,895
848,607
Tlie net earnings for 18"7 were
$'J93,7SS
Against which were charged
Rental, 30 per cent of gross earning?, less proportion of joint
earuings paid Indianapolis <Jb8t. Louis Railroad
$308,469
Amount paid Indiauap. &, St. L, RK. under pooling contract. 78,031- 3S6,t04
Net
Net
loss for 1877
loss for 1876
$94,751
11*936
.
Decrease in loss
$20,185
One half of this loss of $92,751 was borne by this company, the
other half being divided between the I'erre Haute & Indianapolis
Railroad Company, lessee, and the Columbus Chicago iS: Indiana
Central Railway Company.
ST. LOUIS RAILWAY
Income account for 1877.
PITTSBURG CIKCINNATI *
COMPANY.
Gross earnings
Expenses
$-1,'>97,im
Operating net earnings
Add in. erect received fiom Investments
$1,075,019
10,<80
Total net revenue
i.0it,91t
.
$l,08^^80
Deduct :—
$75,818
on Hosting debt
87,500
Kent. Monongahela extension
6v9.7TW
783,188
Interest on bonds of company
$ao*,141
Balance, bting surplus tftor paying expenses. Interest, Ac
Deduct lossTu operating the following roads nnder their lease*—
$aw.*'6
Ltlllc Miami Riilroad
79,114
Cincinnati A: Mu9l<ingnm Valley Railroad
46,875 4^8,»$8
St, Louis Vandalla & Terre Haute Railroad
Interes*.
—
—
Balance, belnz deficiency of Income to meet expenses, oblltntiODS
$131,784
and rentals, carried to debit profit and loss account, Dec, 31. 1877
Colnnibns & llocklii? Valley Railroad.
Derember 31, 1S77.)
( For the year ending
The annual report furnishes ilie following: VixTXag the year
about 2,000 tons of ateel rails were bought and laid on the main
)
.
)
THE CHRONICLE.
390
and Straitsville Branch, making a continuous track of steel
from Columbus to Nelsonville and Straitsville. The great development of iron ore, coal aiid lime-stone, on Monday Creek and
Snow Fork, and the purchase of property there by parties who
were ready to commence the erection of furnaces, caused the
Board to decide upon the immediate sonstruction of branch roads
up Monday Creek and Snow Fork, in accordance with the recommendation of the stockholders at your last meeting.
Both branches are now in operation as far as completed
The iron taken up on the main line and Straitsville
(11 mill s).
branch was used on these branches.
Tour board of directors thought it better to meet the expenditures necessary in building the new branches referred to by an
line
increase of the capital stock of the company to represent the
properly acquired, than to increase its debt, and considered it
best to make the August dividend payable in stock, rather than
force the same upon the market, and the results have shown the
wisdom of that course.
The opening of the Columbus & Toledo Railroad, with its
connections in the Northwest, has brought additional traffic to
your line, and, with its road and docks now fully completed, will
bring a steady increase of business from that section.
During 1877 the company has moved about 900,000 tons of
frtight, as against 844,009 tons In 1876, producing $13,000 less
revenue.
The equipment of the company consists of 31 locomotives,
13 passenger and baggage cars, 100 box ca's, 1,003 eight-wheel
coal cars and 14 caboose cars.
EAItNINQS AND BXPENaES.
Earnings.
PasFcnger
Freight
Express and mail
Telegraph
MieccllautouE
Fxpenses.
I
$9:),af;2
VM.ii-i
8.6 5
1,097
7,921
|
.
I
I
Road
»14? 5«;-
•
'Locomotive
44,Sd9
Transporration
Cars
Opera'jn? and taxes
Loss and damage
i7S,'.09
46,259
6ti,s65
4.413
$828,899
Nettaruingfl
R.itio of expcneee to earninf
s,
t471,143
t357,765
56 31-100 per cent.
INCOME ACCOUNT WITH CONTINGENT AOOODNT.
Add
187(i
$.303 893
net earnings for 18T7
'.'..'.'.*
".V
'.".'.'.
V.V.V.
367'"55
$661,654
Br.
Cash dividend No. 10 (payable Aug.
Stock dividend No. 4 (payable Aug.
Interest on funded debt
Interest on floating debt
10, 1877)
$8 366
10, I87T)
68,650
177,327
'
Balance Dec. 31, 1877
Less dividend ol Feb. 10, 1878, on ac'ct of buelness for last half of
Leaving net balance from 1877
81— 354,3j4
$107 329
77^
8oi461
$326,665
company was incorporated under the
The authorized capital stock
1, 1852.
On November 13, 1873, directors were elected, and
28, 1873, the
general aci of Ohio,
is
$3,500,000.
May
the company organized.
On May 33, 1874, the directors authorized a loan of |3,500,000
for the construction of the road.
The bonds are of the denomination of $1,000, dated August 1, 1875, payable at the city of New
York, in thirty years, with 7 per cent semi-annual interest, in
February and August. Two thousand are coupon bonds, and the
residu' are registered bonds.
On January 10, 1877, the entire line, 118 miles, was so far
completed that through business was commenced, and regular
trains run between Columbus and Toledo, but work on the road
was not finished until July.
The line begins at the Cnion Depot, in Columbus, and terminates at Walbridse (5i miles south of Toledo), where it joins the
Toledo & Woodville Railroad.
On February 33, 1877, a contrAct was concluded with the
Columbus & Hocking Valley Railroad Company for the joint use
of its terminal property and facilities at Columbus, and also for
the joint management of the roads of the two companies.
EQUIPMENT.
The present equipment
ig
as follows: 9 locomotives, 10 passen-
ger cars, 4 baggage cars, 134 box cars, 68 flat cars, 50 stock cars,
337 coal cars, C caboose cars.
COST OF ROAD.
The road has been completed, 118 2-10 miles, fully equipped,
and provided with all the necessary and proper terminal accommodations in Columbus and Toledo, at a cost of $3,338,507, being
$28,344 per mile.
Included in this amount, however, is the cost
of certain real estate in Toledo and elsewhere on the line, not
necessary, at present, for the uses of the road; of the dock
property and our proportion of joint improvements made on the
5i miles of the Toledo & Woodville road, between Walbridge
and Toledo, amounting, in all, to $328,397-65, which should
properly be deducted in calculating the post per mile, giving the
true cost per mile, $25,466.
EAKNIN08 AND EXPENSES.
Earnings.
Passenger
Freight
Express
Mail...
Telegraph
Miscellaneous
ISl'aiiO
Net earnings to December 31st, 1877
Charged to conslracl ion account
Uaunlbal
&
St.
20^521— $166,083
$119
'...'.'
ii02
48,'i8i_
Expenses.
$115,011
197,779
9,703
6,244
31U
1,832
Road
LocomottTe
Transportation
Car...
General, including taxes
Loss and damage
Joseph Railroad.
(^For the year ending Dec. 31, 1877.
The President, Mr. Wm. Dowd, has issued a circular to stockholders preliminary to a more detailed report to be issued hereafter.
Tho following is condensed from the circular. The
company was placed in possession of its land-grant assets theretofore held by trustees as security for the company's land-grant
bonds, the last of which were paid prior to that date. Those
assets consisted partly of cash, but mainly of contracts for lands
sold.
The possession of these assets has enabled the company to
provide the means for the payment of indebtedness incurred for
the improvements made upon the property, and for the further
sums still required (or the same purpose. Considerable expenditures have been made in relaying the road with steel rails,
74i
railes of which were in the track at the close of the year, of
which 3,034 tous were purchased and laid during the fiscal yearthe rolling stock has been put in first class order, numerous
bridges rebuilt, and many other important improvements made.
The floating debt of the company has been largely reduced, many
litigated cases, including arrears of taxes to the amount of over
$100,000, have been compromised and paid, and every effort has
been made to put the affairs of the company on a sound biisis.
The earnings and expenses of the road for 1877 were as follows;
EARNXNQS.
OPERATrNG EXPENSES.
I
From freights
From passengers
From mail and express ....
From bridge tolls and mis-
$1,210,648
S24,4(iO
I
85,028
I
111,287
I
i
cellaneous
Conducting transportation.
Motive power
Maintenance of way
Maintenance of equipment
General expenses
Total
$1,931,365
Total
Balance net earnings
From which has been paid the interest on the funded debt
$401,677
850,971
178.477
211,318
93 441
$1.13.5,888
.
.......'.'.
$55..392
10,198
105,180
8,8J3
30,151
882
$211,279
Net enrnmgs since opening of road.
Ratio of expenses to gross earnings, 63(
$119,602
.
>
per cent.
$795,478
666,000
$135,478
Which, together with the
receipts
from the company's lands, has
to the extraordinary expenditures for the improvetrack, tho payment of the arrears of taxes,
and other expenses arising out of transactions of former years,
referred to above, and amounting during the year to $341,798.
Since the assets ol the land department reverted to the company
to the close of the year, tho net receipts, including tlie cash
turned over by the trustees, have been $241,877. On the Ist of
January, contracts for the sale of land.s, upon which there
remained due upwards of $3,500,090, were placed in the hands of
the Farmers' Loan and Trust Company, to secure an issue of
bonds to the amount of $1,000,000, of which there have been sold
to this date, April 11, $335,000, at 95 per cent and accrued interest,
and the proceeds devoted to the further Improvement of the
property.
St. Joseph & Council Bluffs Railroad.
(For the year ending December 31, 1877.)
Kansas City
The
gross earnings for the year 1877 were as follows
Passengers
Freight
Mail
Miscellaneons
The
The
:
$428,997
693,035
J), 107
...
70,656
operat. expen., including rentals, taxes
Net earnings
,
interest accruing
and cost of
steel rails.
.
$1,48),7S7
979,190
$444,606
849,765
..
upon the mortgage debt
for the year
was
Balance
$94,841
This balance has been expended in payment of $17,500 interest
accrued previous to January 1, 1877, on $500,000 Council Bluff's
& St. Joseph Railroad Co. 7 per cent bonds, and for construction
and equipment.
The gross earn'gs fhow an incr'se over those of the preceding year of. $182,467
The operating expenses, an increase of
71,072
The increase in operating expenses over last year is principally
in the two items of
Cost of steel rails over iron (heretofore charged to contruction
Repairs of road, track and fences
The following statement shows the
$93,083
ac'ct).
32,371
tonnage and mileage and average rate per ton per mile, exclusive of company's
freiglit
freight:
Foreign.
Tons.
Earnings.
134,890
$183,^93
'
Tons.1876
1817
Inc.
.
.
Earnings.
,
Tons
Earaingl
per ton
p*rmile.
277,446
373,470
$.');13,864
634,037
139,467
2U8.997
carri'd 1 m.
33,338,212
38,544,342
96,024
$150,173
4,677
$25,404
5,206.130
in cts.
215
2'32
017
The absolute need of additional equipment (coating $70,000)
made the floating debt of the company, Jan. 1, 1877, $107,190,
including note (issued for depot ground at St tloseph, Mo.) for
$45,000, not due until July 31, 1879.
The same necessity for increased equipment, if we wished
increased business, compelled us during the past year to add 100
box cars, 3 locomotives, air brakes, etc, at a total expense
and for construction $43,337. The result is an
of $76,178
increased floadng debt at the end of the year 1877.
Tbe following is a statement of floating indebtedness and
available assets, January 1, 1878.
;
$330,682
166 083
ment of road-bed and
( For the ytar ending December 31, 1877.
annual report has just been issued.
On May
$11311
......'..'.'.'.'..
been applied
Colnmbns k Toledo.
first
1877.
Dr.
Interest on Mils payable
Interest on bonds since organization....
Interest sn Toledo & Woodville lease
Leaving
Totalcredit
The
INCOME ACCOUNT FOK TEAB
Vol. XXVI.
I
Cr.
Net balance from
I
'
AnUL
THE CHRONICLE
1W8.J
30,
391
Stocltholdflra who have not yet signed the agreement can do 10
on or before the 25th day of April, after which dale the privilege
Uup»lU coupon.. p.y«blo..
of signing will cease. Thereafter, and until 1st day of May, such
j :••,•;•••.•,• -i^.i.
mti'imn
Not* for r.nlfimi.-Btstt. Joseph, du«JulT«l. I81O
'o'SSJ
stockholders as have previously signed sliall have the right to
Nole« fur Ihr.M. ..iiKlnrs
f'.JJJ
subscrllie for the balance of the bonds provided for in the agreeNote* (..r n.w frcichi o«r«
li'So-m TR ment. The 10 per cent ol the par value nf the stock subscribed
Note* fur b. trowed luonoy ......
^..---V"
V.iio
^'^^fJI'M?
in,ss\
Aecrned InU'feai on mortciKe bonds, payabM Jin. 1, 1878
The mortgage bonds to
will bA received on and after this date.
be given for the cash payments will bear interest from May 1,
ATAILABLI *SIBT8.
1878; and those making payments prior to tiiat date will be
allowed interest up to that time. Payments can be mane in full,
I>nr from njMln nod »pon tccminl«
''?*'2S
'
88,304
'
'^iiiteB GoVL'rntneiit
T)
or in five tqual instalments falling due on the 1st days of May,
in.BM
August and November, 1878, and February and .May, 1879.
1M,<'B»
ivkhloin Boaton ..'
6i,0«7— 85S, .SI
.11111 f.ir future aao
Interest must be paid on all deferred payments and adjusted at
.Mm. rim
I'll
MO,
thkUnce, belnif net llabliltiea, M aboTe
the final payment. Stockholders will, at the time of making
payment, deliver for cancellation 10 per cent of the stock by them
|4MI,345
held.
The new mortgage bonds and the income bonds not being
It i» Btati'd that the policy of the Board in incurring tliis
ready for delivery, receipts will be given both for the cash
floating debt has secured large addiiional busineas which othersaid
payments and the sliares delivered for cancellation
wise would have sought other chann>-ls.
receipts will be exchanged for the mortgage bonds and income
Increase
of
(an
estimated
al
18T8
arc
for
the
year
The erosa eamlnge
bonds in sums of $109 and the multiple thereof, as soon as they
$1,195,000
»-1.000iiver those of the year lan)
Tl<e new bonds will be in denominaare ready for delivery.
The aporatlng exp naca. Including taxes nnd allowing for 3,000 toai
tions of 11,000, |.500 and |!00.
of steel rails (an Increase i.f 8M tona over amount laid last year),
1,(00,000
iiot
exceeding
are catimaled at,
The holders of the C>>nsolidated, the Convertible, the Lehigh &
t4»\noo Wilkesbarre, and the American Dock & Improvement Company
The estimated net earnings In 1878 arc...
honds who have not signed the agreement can do so at any time
350,000
Tbo annual Interest on mortfage bonda
prior to the 15th ol May, by which date all bonds signed for
$N5.000
Leaving a eurplua of
mukt lie presented and coupons surrendeied.
As to the estimate o( gross earnings, it appears that up to April
Detroit & Milwaukee.— Receiver Trowbridge's report for
1, 1878, the increase (for three months only) had been $60,000.
rLOATIMO IMDIDTBDMHa.
Unp»W
piiy rol
»»nd open iccouiiM
*"w1£«
'
-
,
,
;
MlHSoiiri River Fort Scott
(F<yr the
year ending Dei.
&
March
Gulf.
31, 187T.)
report just issued furnishes the usual statements
of receipts and expenses, but has no remarks upon the financial
The income
'Status of the company beyond the bare figures.
from all sources was as follows
The annual
:
nie gross
reccipte from riadand landa
all kinds in both deiiartments
(1.004,515
TIO.USO
Szpenses of
Netrcvenne
$263,894
Total net revcnae from
all
sources
34,456
14,960
$312,6.30
The land department
sold 83,858 acres ol neutral lands, for
$238,170, being an average of $6 75-100 peracre. The cash receipts,
on account ol land, were $138,810, which was $70,175 less than
the previous year. There remains unsold of the neutral land,
This land is offered on long credit,
808,782 30100 acres.
payments running through ten years, with interest at the rate of
seven per cent per annum, and a discount of twenty er cent is
made on payment in full at time ol purchase. The prospect of
a large immigration to Kansas during 1878 is very encouragioL'.
The winter whi-at, of which there i.i fifty-two per cent greater
acreage than la?t year in the counties through which our road
runs, never looked more promising.
COMPABATIVK BABNING8 OP THE ROAD.
j
1876.
1877.
Passenger
Freight
Mall
Express
Miscellaneous
$TO7,82i
6«3,406
18,aS6
$2:5,362
18,000
89,689
581,191
14,583
18,0,0
26,347
Total
Operatine expenses
$90».094
477,866
$865,734
450,314
Net earnings, not iDcluding taxes
Taxes
$424,327
$415,420
Net earnings
Expended for construction
Expended for equipment
Net revenue from road
..
62,1U
46,184
$372,114
$:^69,tl.3«
$39,f97
53,195
$83,7)3
58,815
$142,892
$14^,0^8
289222
227,177
&ENERAI. INVESTMENT NEWS.
—
Canada Sonthern. The act sanctioning the scheme of arrangement of the Canada Southern Railway Company's aff.iirs has
passed both houses of the Canadian Parliament and is new a law.
A
cotemporary remarks tkat it authorizes the issue of $14,000,000
new bonds to replace the first and second bonds now outstanding also, with the consent of the holders, if it can be obtained,
the bonds of the Erie & Niagara Company, and of certain American railways which form the western connection of the Canada
Southern. The exchange of the Canada Southern bonda is to be
effected on the consent of three-fourths of the present holders,
more than which has already been obtained. "The issue of the
bonds to bear interest from the lat of January, 1878, is to be guaranteed by the Now York Central & Hudson River Railway
Company at the rate of 3 per cent for the first three years and 5
per cent for the succeeding seventeen years. The rate of interest
on the original bonds was 7 per cent, but arrears were allowed to
accumulate to between $3,000,000 and $4,000,000, which the
bondholders now consent to forego. The vitality of the measure
is to depend on tliis guarantee of the new bonds being obtained,
for the act will not go into effect till this agreement has been
legally ratified by the shareholders interestad.
ol
;
—
Central of New Jersey. Receiver Lathrop announces that
the agreement for the adjustment of the affairs of the Central
railroad ol New Jersey having been signed by a majority of the
sitockholders, atd by the others whose signatures were requisite
to give effect to the said agreement, the same is declared binding.
as
ollows
:
$50,963
69,160
12,715
$133,839
Total
Disburi-ements
Balance, April
78,669
$54,269
1
The amount of
notes and certificates outstanding
receiver's
was $344,o9a.
At a meeliug of bondholders
April
BecelTed from collection county bond coupons
f j3,^14
94i—
lotanst on county bond coupons
1 condemned and «olil for depot grounds at Kansas City
is
Balance, March 1
Recelpta on road accounts
Receipts from sundry sources
1
in Detroit
it,
was
stated that hold-
bonds have agreed to the plan ol
reorganization. Of those holding out, $500,000 are owned by the
Merchantt.' Bank ol Montreal, which will agree to the plan, if
some slight modifications are made.
ers of all but !f900,000 ol the
—
Erie. James McHenry's petition to be allowed to intervene as
party defendant in the foreclosure suit against the Erie Railway
Company has been decided adversely by Judge Lawrence. In his
opinion. Judge Lawreuce says that Mr. McHenry has not establii^hed to his satisfaction that he has the first lien, which he
claims, either upon the Western Extension certificates or upen
the stocks of the Cleveland Columbus Cincinnati & Indianapolis Railway Company. Taking the most lavorable view of
the case for the petitioner, he can only claim to he a creditor at
Mr.
large, and as such he has no status in a court of equity.
McHenry, the Judge says, having, with others, a suit pending, in
which the validity of ajl the proceedings in the foreclosure suit
is questioned, he will have ample opportunity to establish in
that suit the invalidity of the decree of foreclosure.
Fitchburg (Mass.)
— Th«
Fitchburg Railroad Company gives
notice of an increase of capital from $4,090,000 to $1,500,000, and
each bolder of eight old shares is entitled to one new share at par
up to the close of June 1, and payable in full June 80.
—
Gilbert Elerated. A suit has been begun in the Superior
Court by the New England Iron Company against tli» Gilbert
Elevated Railway Company and the N»w York Loan & Improvement Company, in which the plaintiff asks $4,50O,(X)0 damages,
and that those companies be enjoined from disposing of the bonda
or stock of the Gilbert Elevated Railway Company. Thu plaintiffs assert that in March, 1878, the Gilbert Coaipany contracted
with them to build the road for $733,000 a m'le, which would
have left them $4,.500,000 profits, and that afterward Jose F.
Navarro, Cornelius K. Garrison and George M. Pullman, having
control ol the Gilbert Elevated Railroad Company, and the Loan
& Improvement Company, arranged a contract whereby the latter
company was to bulla the railway lor $2,100,000 a mile, payable
in the first and second mortgage bonds of the Gilbert Company
and its stock, and that the Loan Company will thus substantially
absorb the whole assets ol the Gilbert Elevated Railway Company. The defendants say that the contract was never approved
by the directors of the Gilbert Ck)mpany, and that it was only
intended to be binding in certain contingencies.
Kansas Facifle.— The securities
ol this railroad
have attracted
a good deal ol attention lately from their rapid advance in prices.
The circumstances of the company are not generally as well
understood as are those of the Central Pacific and Union Pacific.
The company is now in the hands of a receiver in a suit for foreclosure brought by the bondholders of the so-called " Denver
Extension," which is that part ol the main line embracing 244
miles ol road from the 394th mile-post west of the Missouri River
earnings of the company on each
'I he
to the 638th mile-post.
mortgage division, from November 21, 1876, to February 29, 1878,
a period of about fifteen months, were as follows
:
Gross
HORTOAOIC DIVISIOKS.
HlleS.
140
to 140 mlle-post. 'F. and A." bonds
254
140 to 394 mile-post, " J. and D." bonds
»9i to 63? ml I -post, " Kxteu." and 1. grant.. 814
Lcavenvforlh Branch
& Ft.
Kearney Railway
Arkansas Valley Railway
J. 0.
Total
8J
^
'«
Barninn.
yet
$1,960^
•IS^'
1.328,631
319.7 IS
911,915
118,467
89,4(0
21,437
24><«84
2>»718
46,478
$4,060,287
$I,CU,107
—
THE CHRONICLE.
392
The land grant of tlie company is attracting mu.cb attention
this year from the large sales of land and remnrkable immijrracomtion which have taken place since the first of January.
plete description of the several mortgage bond issues is given in
our " Ikvestohs* Supplement." The first two mortgages, covering two sections of the road from the Missouri river to the
394th mile post, are a first lien on the respective sections of road
and not on the land grant attached thereto. On this part of the
road only has the United States Government a second mortgage
lien, and not on the extension from the 394th to 0.38th mile post,
A
.
.
1,004.763
5,133,249
Donslass
—
IC®
Franklin
!8@100
Greeue
40®
65®
85®
By
the Denver Pacific railroad, from Denver to the line of the
Pacific, the Kansas Pacific has a through route to the
Pacific coast, but the bnnefit of this has been lost through the
refusal ot the Union Pacific to pro rate on through busiue-s.
After a long struggle in Congress, a report from theHouse Pacific
Railway Committee was recently obtained, by a vote of 8 against
6, favoring the appointment of three highly honorable commissioners who should pass upon thn question of pro rating, and
being
this business is to be taken up on tlie 1.5th of May
it
regarded as a substantial victory tor the Kansas Pacific. Since
this, it has been reported that the Union* Pacific managers have
been making propositions with a view to get control of the Kansas Pacific, but nothing definite has transpired.
As to the relations of the U. S. Government to this road, the press
despatches from Washington recently contained the substance ot a
communication made to the House of Representatives by
United States AltorneyQGeneral Devens.
In regard to this
report it reems to be manifestly in error in stating that
"
the U. S. Government has a lien secured by a second mortgage
on all its property and francbises," as it is well known that the
lien ot the Government only attaches to the part of the road for
the construction of which United States bonds we:e advanced that
Tue
is, the sections from Missouri River to the 394ih raiU-post.
substance of General Deven's report is as follows " That the only
foreclosure suit against the company which he knows about officially is that of Ariolpliua Meyer and others representing the third
mortgagees [This refers to the first on Denver extension and
3,000,000 acres of land, and third mortgage en first two divisions
of road.] The Dnited States is made the defendant to this suit.
Mr. E. R. Mead, of New York, has informed the Attorney-General
that other suits are pending to which the United States is not
made a party, but ot those the Attorney-General has co official
knowledge. The indebtedness of the Kansas Pacific Raiiro.id
Company to the United States amounts to nearly ten milliou dollars, secured by a second mortgage upon all its property and franchises.
The next mortgage, subsequent to the statutory lien of
the United States, is that of Adolphus Meyer and others, on which
the foreclosure suit already referred to is based.
" The bill asks for the sale of the whole road, its privileges and
franchises, ani the distribution of the proceeds according to the
rights of the several mortgagees. It makes this prayer without
either offering to discharge the prior lien of the Unittd States, or
to have the tale made subject to that incumbrance.
This fact
and the expensive management seemed to the Attorney-General
to require the intervention of the United States Government, and
he, therefore, directed an appearance to be entered, subject to the
dacision of the Court as to his right to rfpresent the United
States in this case without having been authorized to do so by
—
—
:
legislation.
" General Deveng recommends that the Attorney General be
empowered by Conaress to intervene in all foreclosure snits
against the Pacific Railioads, and any other cases relating thereto
where the iiiterts s of the Government might be affected. It
would not be di sirable, he adds, that thiid parties should be
allowed to bring suit at their own time and place, and to make,
at their pleasure, the United States a party thereto; and he,
therefore, recommends that in any bill on this sulject, it should
also be provided that the rights of the United States shall not be
affected if it declines to appear by its authorized officer, when
notice has been served upon him."
meeting of the stockholders of
Long island Railroad, 48,807 shares out of 06,000 were represented. The f. llowing ticket lor directors, the only one rffered,
was unanimously elected: Thomas R. Sharp, Elizur B. Hintdale,
K. P. Fiibbti, J. Hood Wright, Henry O. Havemeyer, Francis B.
the
Wallace, Morris Franklin. Cornelius H. Delamater, Wm. Kevan,
Edward E. Sprague, S. M. Felton, Chester Qriswold, William
Richardson.
Missouri Comity Boild.S.— The fnllowing list and approjrimate prices is furnished by Messrs. P. F. Keleher & Co., bankers
and brokers, in St. Louis
10', funding
10s, funding.
6s, RR. aid
Grundy 89 RR. aid
Henry 10s, T. & N. RR
Heury lOs. T. & N. branch....
Henry 79. T. * N. mi.in ....
Howard 8s, Tebo & Neosho
Howard ts, M & Mi9s. Twps.
Howaid 8s, La. & Mo. RR. ...
.
.
.
>.
—
70
30
ae.a 30
30® 3
75
—®
20®
-@
76@
—@
Howell 11,8, f undine
Jackson «8, gold. KR. aid
Jackson 8s, RR. aid
6n®
Jackson 78. Twps. RR. aid
SO;^,
Jasper 8s, Twps. RR. aid
40®
Jufferson 10s, county imp
101
Jotinsou lOs, RR. aid
Johnson lOs, Twps. RR. aid... 40®
Juhnaon 10s, Norma! Scho A.. 75®
RR. aid
Polk
RR.
Pike
Pike
.
aid, straight...
Twps
RR.
78,
lOs, Twps.
RR
aid
8s, county [lurposes
Halls lOs, RR. aid
Chirles
poses
St. Charles
St.
ment,
50
SO
Taney
aid
HU. aid
8s, Rlf. aid
10s, funding
7s, RR. aid
10s,
V, raon
HR
funding
R. K. aid
Vernon 7s, RR. aid
Warrensbnrgcity Nor. School
t-s,
RR aid.. — ® 30 Wayne 103. funding
Ki.ox78, Mo. & Miss. RR
45® ao
Missouri Kansas & Texas Railway. — This company
Knox
in
8s, rfgisfered,
—®
15®
&
wharf
t-chuyler 8s,
Sui:ivan
£5
55
75
00
95® 100
Land improve-
Saline IO9, Twps.
.Shannon
55
9C®100
.
70
83
-».
45a
lOs, city, city pur-
lOs,
in lit
ScotUrd
—
—
fc5® 75
65® 75
63® 70
40® 53
60
45®
Randolph lOs. Twp. RR. aid.. 4f@
Way 8-, RR. aid
60®
St. Charles lOs. c'nty purposes 95®
St. Clair Ills, T. RR. aid
St. Joseph City ICs, Riv.
"0
18®
13®
18®
-@69
aid
i5
—
50
—
—@ —
9C@100
—@
hR. aid
"8,
Putnam
—
72
70
5C@
ICs, RR. aid
10s, funding
Ptttis 10?,
Pettis 10s,
55
7.'® 80
O9
I
80
—
—
—
60'ai 65
Ozark 10s fundinjj..
I
—
15®
fnnfling.
Monroe
Morgan
Oregon
12
25
60
20®
5;@
Dunklin
lOs.
Jlercer 8s.
—
e'"® 70
60® 8)
Union
— At the annual
70
31
95
95
65
(a 3
f.id.
70®
5i®
44®
44®
50®
2r®
10®
69®
Livinjston
—
75®
00®
45®
Dallas IOs,-RR. aid
Dallas 7s, RR. aid
Daviess 7s. RR. aid
Dent 7s, RR. aid
4,905,093
171,150
XXVI.
Hs, Chili. & B. ER.
Macon lOs, RR. aid
MacoB 8s, Rlt. aid
MuconSs &rs. Mo.&Mlfs, RR
25
25
-@
—@
100® —
.
Cooper 10s, Rk. aid
Crawford IO9, Twps. R R.
DadeSs, RR. aid
r.8,7i0
178,120
18®
IS®
16®
60®
rasa 10s
Cass 68, gold
Chariton 89, Mo. & Miss. RR.
Chariton 8s, Chil.&Bruns. Rlt.
Clark 8s RK. aid
ClaylOi
Cole lOs, funding
Cole lOs, RR aid
.
380 to c90 mile-post
Vol.
I
Audrian 8s, RR. aid
98a"'0 Laclfde es, new
Barton lOs
;0@ 80 Lafayette lOs
Bentoo lOs, RR. aid
85® 35 Lafayette 69, gold, RR aid
Buchanan 103, RR. aid
66® 70 Lnfoyette 69, cur., RR. aid
Ba'Ier 10s, funding
70® 80 Lafe.yetto 10», fundina
Cape Girardeau 89. Twps. KR. 2.5® 30 Lafayette 10s, Twp-. R R. aid.
Cape G rardean City 9s
4l'@ 50 Lafayette 6e, cur., 1601, caup.
Callaway 99, RR. aid
S9@ (il Lincoln lOs, RR. aid
as might be inferred from the Attorney-General's report to
Congress. The first mortgage on this extension (a third mortgage on the first two divisions) is also a first mortgage on 3.000,000
acres of land attached thereto, and we hear that about $300,000
worth of this land has been sold in the quarter ending April 1.
The Arkansas Valley road has recently been sold under foreThe land grant on tiie first 394 miles, about 2,000.000
closure.
acres, has two classes of laud grant bonds secured on it, which
are paid as Jands are sold, and their amount has been considerably reduced. The following schedule shows the condition of
the land grants of the company, March 1, 1878, as classified by
the receivers;
Remaining Unsold
Sold to date.
Maximum. In contlict. Minimum.
Acres.
March 1. 1878.
Acres.
Acres.
Ac es.
Congressional Land Trust..
569 076
09.19)
61,351
4,813
3fl«,0;7
Kansas Pacific Trust
2.C'3,910
1,907,141
106,793
2.8rt,1'J3
Denver E-tlens ion Trust
39,«('9
2,>'71,3lH
Loilgr Island.
—
J
:
50
20
— ^95
60® 70
—® 41
65® 65
— ® 70
4.'® 55
- C^ 75
40® 50
EO
5'® 65
—@
95®
—
applied
March
for admission of the following issues of lis consolidated
to the regular list of the Ne.» York Stock Exchange, viz.-.
bonds
—
totd amount outst md'n r. $2. "00,000
rated June Ist. 18*2. and due June 1st, 1905. Honds are for $1,000
each, numbered from 14.001 t) lO,")©', both inclusive, and bear 7
per ccnr. interest in i'old per annum. Interest payable Febru try
First additional consolidated m-trtgige
Ist and August l^t.
Second additional consolidated mortgage (Fort Smith
braccli).
Amount
issued
$1,250,000
Less subsequently cancelled
68,00'J
Amount outstanding
1,182,010
Dated November Ist, 18.2, and due November Ist. 190";
bonds arc for J1,0C0 each, nu nbcrod 111,602, lfi,50J@lil.516, lB,519ali;.5Jl, 16,.5M®16,5.^0, l'i.55fi@lt),6«0, 16,693®
10,695. 16.599. 16.6lll@16,6u5. lb,61(@:6,614, 16 616, 16.617,
18.62i:@ 16,1.30, 16.HS2®lb,639. l.i,64i, 16 614, lfi,M5. ltsl.48
©16,653, 16,6;e@16.661, 16,666@t6,67(>, 16 677®16.7n0 10,709@16.7.56, 16,760®lb.776, 16,7:8@'6.78;.. 16, -187017.29;,
i:,a93®n.511. 17,5I3, ri,5:4, !7,Si:®t7,547, 17,."50@t7,-
.
17.621@17,75
and bear 7 per cent.
annum in gold. Interest payable February
and August l8t
Third additional consol dated mortgage— total amount of
564, I7,.566®n,6I8,
-,
inttrestper
1st
$1,100,000
issue
Dated Jure 1st, 1873 and doe June 1st, O^e. Bonds
are for $ ,030 each, numbered from 16,501 to 17,900, both
inclusive, and bear 7 per cent interest per annum in gold.
Interest payable February Ist and August 1st.
Less bonds numbers 16,501 lo 17,300, reserved for exchange
of Hannibal & Central Missouri Railroad bonds
800.000— eOO.fOO
Total amounts of additional conEolidated mortgage bonds out$4,282,003
standing
Certificate of Union Trust Company as Trustee, is on the back
of each bond, and tbey are stamped as assenting to agreement of
March Ist, 1876.
The committee recommended that these bouds be united with
those dated February 1st, 1871, numbered 14,000 and below (now
on the free list), and all to be called " Missouri Kansas & Texas
:
Consolidated Mortgage Bonds, Assented," only those stamped
assented under agreement March 1st 1876, to be a delivery.
New
Orleans Mobile
& Texas.— The
Uuited States Circuit
New
Orleans has ordered the re-sale of this road by the
trustee in possession, who is lo give 30 days' public notice. All
costs, expenses and prior liens must be paid by the purchaser in
cash the balance may be paid in bonds or coupons at their pro
rata value.
Court in
;
—
OIlio & Mississippi. The committee appointed to arrange
the financial difficulties of this company consists ot Messrs. John
W. Girrett, of Baltimore, Robert L. Cutting and W. D. F. Manice,
of New York, W. T. McClintock, of Ciucinnati and Sir Alexander
T. Gait, of Canada. They havejust submitted a report of which a
The main feature of the plan
full abstract is pr.-sented below.
proposed is, in a word, that the second mortgage bondholders
sljould forego their entire interest for two years, and that holders
Without full details,
of fbaiing debt should be paid in full.
we have no means ot knowing but that it is the best possible plan that can be made; but certainly it would appear that
some reason should be given why the committee thus propose to
give Uoating debt holders the priority over mcrtgage bondboUUrs. Have they a prior lien at law ? Does the Court decree
that their claims take precedeni^e of the mortgage bonds?
Theboudholdersof ihisand numerous other rai roads are exceedingly anxious to learn how it is possible for the holders of notes
andotherfloatingdebtstogettheirclaims paidin full, while mortgage interest remains wholly neglected. It has become one of
the grossest evils o' the day, in the practical course of affairs
after railroads go to default— this custom of paying all sorts of
It is most damaging to
floating debt ahead of mortgage interest.
our railroad investments, as it defeats every calculation as to the
.
:
THE CHRONICLE
ArBil- 20. 1878.J
393
The r^aoareea at the disposal of tbe company to meet this aom
of $060,200 consist of:
1. The surplus earnings (or 1878, after payment of interest on
yalue of bondi based on A c»reful estimate of the earoiDga of tbe
Parties wlio bouitlit Obio & Miss, aecond iuortK«g9
road ItRelf.
bonds b 'tween 1873 nnd 1877 purchased a bond on which tbe
Then how could it happen that
Interest could plainly be earned.
when the company dt'faulted on Its interest, a great pile of flonlintf
debt (most of it undoubtedly advances by bankers, who well Itnew
tbe mortgage liens) could bo allowed to come in and absorb all
the earnings of the road to the exclusion of mortgage interest?
There is a geutral principle involved in this question applicable
to our whole railroad system and bondholders would like to know
In this case whether their second mortgage is rotten, 80 that it can
not be enforced whether the floatinj^ debts allowed ahead of
mortgsgo claims have any real legal priority, and if so under
what principle of law; .)r whether the bankers and Btrong parlies
who hold the ttoatins debts simply get the advantage by t^ieir
Influence with the Court, their possession of the receiver, and
mortgage.
3 The balance of Springfield bonds remaining under new
agreement.
In estimating the amount available from surplus earnings for
the year 1878, the committee adopt the statement of the receirer,
establishing the position of the company at 81st Dec, 1877, show.
first
Ing a cash balance or.
Tu which they add the cet earn'ga for Jan., Feb.
;
A Mar., as leporttd.
10.000
$307^
;
Deduct
And
morteaEC conpon paid Feb.
Available April
Net
employment of able
counsel.
report says: The c-'mpany was placed in the hands of the
Circuit Ck)urt of the United States on 17th Nov., 1876, at which
time its recognized liabilities, knows as "floating debt," were
By receivers' report they were, at Slat Dec, 1877,
11,401,730.
reduced to |(;04,993 and have since been further reduced, by
payments up to 30th March, to $659,409.
There has also been paid all the interest on the mortgage debt
of the company prior to the second mortgage bonds, except the
conpon of first mortgage due Ut Jan. last.
The financial position of Ihe company on 1st April, 1878, including all claims recognized by the Court, and also the second mortgage CQupon, due that day, but excluding sinking funds, is:
their
first
$i3'V0O
1
paid on flo.iting deb!
85,'.8l- S63,S84
earu'gK, by cstlmtite furnished
by Mr. King
for remaining 9 mos.
Available In 187S
The
$43,071
790,000
1
$o8a,071
,
Interest
on original mortgage debt
Coupon
Coupon
first
firtt
miirlgage, to be paid July
1,
mortgage, to be p>ld Jan.
Interest on deb.-mure bonds
1,
18,470
I37,0!0
137,030
9,800
1878
1879
$5M,'3io.
;
Over-dno J.in. coupon first Vorlgige bond^
Over-daf coupons ii mortg»se bonds 1st April aid
l.-t
shown,
the
1st Her., 1877,
on
of $339,418.
principal
crediiors,
representing $3.50,000, in the following
to the adoption of the recommen-
manner, subject, however,
dations of this report
403,780
9,lOi
Interest
To be
paid by four qa.rterly payments of
IstAua.next
$2,000,000
Payable in cue year from
7O,C0O
already Issued
to
sum
towards payment of floating debt, amounting, as
$609,209, and leaving unprovided at 1st January, 1879,
For the unpaid balance of $339,448, the committee propose to
make temporary provision by an agreement wiih the three
1st Oct., 1877,
.^prll. 1878
on dibeuture boudo
Overdue coupon on Sprtrgfleld bonds,
•T)9,7«l
..
— applicable
$*57,f20
,
and
Balance
1st
May
eich,
$'25,000
commo-cicg
$100,003
neil
l']S,000
Payabl:! In Ivfo years
With
$719,600
1U.159
Floating debt ordered by Court to be paid
Floating debt under considtrallon of tbu Coart
Sl.379,0 9
The
receiver h~.B furnished the committee with statements of
earnings up to Ist April, which may be divided into two periods.
First period— 17th Nov.. 1876, to 31st July, 1877— Net surplus
earnings on main line and Springfield Division, eight moutba and
13 days, $312,049.
Second period From Ist Aug., 18T7, to 31st March, 1878— Net
-surplus earnii:gs, eisht mouths, $6S0,50S.
As the impression has existed in some qaarters that the
management of Mr. King had been unduly favorable to the
Baltimore
Ohio Railwsy, of which he is the vice-president,
the committee have given their best attention to this point, and
are of opinion that in every respect tbe 0. & M. property baa
been loyally administered in its own interests.
The committee recommend the continuance of the receivership,
until all floating liabilities have been disposed of, in such
manner as not to risk future embarrassment. It is, however,
believed that on Ist January next, if the interests of the company require it, the receivership may be terminated.
—
—
amount
ffnwj Receipts
Railroad
Canal
|
.
1877.
$673,036
$2,999,443
571
42,601
Hi
17.71/7
66,585
165,367
coal barges
Co
J5i5,410
319,060
CoalilronCo
Total
.
1878.
$182,M8
colliers
Total Railway
/-—Three months.——,
February
1878.
1877.
$2,t;7,872
8.6S7
175.393
70
]7,(i78
6,371
$740,043
$2,5*3,394
$2,367,163
47.^,9:v
1,47!',063
1,380,646
$S44,170 $1,216,000
$.3,!i8a,457
$3,747,'09
173,463
321,658
1,052,513
1,060,436
65.681
sa4,44»
38017
131.114
51,006
173,U4
477,608
212:871
93,72S
187.120
897,579
690,479
Coal Traffic:
Tors
coal carried
Tons Coal illned:
By Coal & Iron Co
By tenants
..
The reduction
of
February is due to the voluntary suspension
coal production under agreement.
in
—
At the annual meeting in Charleston, April
the plan for lunding tbe second and non-mortgage bonds in
new consolidated bonds and for reducing the debt was generally
approved by stockholders,' and was referred to a meeting of bondholders to be called by the President.
South Tarolina.
9,
to the
principal bondholders of this line that the coupons are to be
landed in the same bonds, until and including Ist November,
1878, and the total amount of bonds originally issued are further
reduced, so as, wiili the coupons funded, the total interest charge
on the 0. & .\I. Kiilwuy will be reduced very largely. [See
below.] This agreement is subject to the assent of the other
parties to the original arrangement, and also the general acceptance of the recommendations of this report.
By the adoption of these recommendations, it will be observed
that no payments for interest on mortg.ige indebtedness, except
on the first mortgage, will ma'ure until April 1, 1879, and the
company will have dealt in the following manner with the total
liabilities, previously stale* as amounllng to
$1,3:^,009
And with the interest on the id mortgagi-, due Oct. 1, 16*8
13l,S60
•
:
:
trifflc
Ulchmond
is
SrniNGFlELD DIVISION.
The committee propose as an arrangement acceptable
_.
1879.
Total
only $140,000 at 7 per cent, but a
sinking fund of $20,00!) per annum in these bonds is stipulated.
It is therefore proposed to resume early payment of the interest,
on condition that the sinking fund be abandoned.
T
1,
traffic
Steam
DEBKSTUUK BONDS.
lieavlng to be provided
May
.
payment
_
flrst raorteage temporarily postponed
Kourconpons, fecond mi>riKaj{e, funded
•One coupon overdue ou Springfield bonds, funded
until
28, has the following details
a.><
•conpon nn
(April 19) that of tbe Springfield division
—
The coupons to be iierealter regularly paid 1st July and 1st
January. The overdue coupon to be redeemed as soon as the
floating debt is arranged.
I"""'
now
Philadelphia & Reading. This company's statement for
February and for the three months of its fiscal year ending Feb.
FinST MOllTO.VOB BONDS.
The amount outstanding
sfatel
It is
bonds a surrender of $500,000 in bonds and coupons ia agreed to,
conditional upon tlie company canceling $500,000 of the same
bonds held by Ibem. The first coupon will be payable on May
Tbe reduction in the mortgage indebredness of the
1, 1879.
Ohio & Missi.'isippi Railway effected under this arrangement Is
$800,000, with the postponement of all interest on the reduced
&
of the four coupons, with interest adjusted to the date
of ipsue. Payment of coupons to be resumed regularly en Ist
April 18(9. The coupons en tlie new bonds will also commence
•on Ist April, 1879.
The committee remark on iliis recommendation that by placing the overdue coupons in escrow the holders
will not lose their existing priority of lien.
138,000
interest.
" This amount will be secured by the Springfield bonds
remaining in the company's posaession under the new agreement,
aud as tiie status and value of these bonds will hereafter be
assured by the punctual payment of the coupons, the committee
have no hesitation in expressing their belief that ample m^ana
will exist for the fulfilment of such agreement, while the surplus
earnings of 1880, and probably a considerable residue from the
sale of tbe Springlield bonds, will remain for the purpose of
redeeming tl.o the then overdue coupon on the first mortgage
bonds."
J47,'J50
SECOND M0RTO.\QE BONDS.
The three overdue coupons and that due lat October next to
be funded in escr(/a with the Union Trust Company of New
York,
security for coupon bonds at 10 years, bearing 7 per cent
interest, half yearly, 1st April and 1st October, to be issued in
..
$I.51S,:69
£37,0;0
637,010
70.iOJ
J844,0<iO
68»,«0a
$1,913,3)9
Wilmington Columbia
mington,
N.
instant into
to that trust
&
C, eays that
the hands of a
An?iista.— A despatch from Wiltliis railroad passed on the 15th
receiver.
The person appointed
R. Bridgers, ol Wilmington, president of
The road is
the company. The iergth of the road ia 1S9 miles.
owned largely in Ealtimore, Md., and forms a link in the
Atlantic coast-line route and is one of the five roads in which the
Security Company has retained its interest. In Novemljer, 1873,
the company took a lease of the Wilmington & Weldon Railroad
lor ninety-nine years, with the privilege of renewal forever, and
is
Mr.
11.
By
the two roads have since been run under one management.
the terms of the lease, the Wilmington & Weldon reverted to its
'ihe annual ri port of the W. C. & A.
stockholders April 15.
railroad for the year ending Sept. SO, 1877, showed gross earnings of $518,225, operating expenses of $420,594 nnd net earnings of $87,630. There were also spent in filling trestles $18,859.
The leased line, Wilmington & Weldon, earntd $518,462 gross
and $150,908 net, wbi'e intereet nnd dividend charges were
$314,991.
; ;; ;;
.
THE CHRONICLE.
394
[Vol.
XXVI.
O O T T O N.
Friday.
Thb Movbmknt op the Crop,
COxMMERClAL EPITOME.
f RiDAT
The
Night, April
religious observanceg of the current
19, 1878.
week have,
some
to
P. M., April 19. ISIS.
by our telegram b
from the South to-night, ia given below. For the week ending
this evening (April 19), the total receipts have reached 39,016
bales, against 51,391 bales last week, 59,880 bales the previous
week, and 65,470 bales three weeks since, making the total receipts since the 1st of September, 1877, 4,043,751 bales, against
3,796,439 bales for the same period of 1876-7, showing an increase
as indicated
but from causes otlier than that, trade
has continued quiet, except iu staples which are wanted for
export. There is, however, a general revival of confidence in
since Sept. 1, 1877, of 317,323 bales. The details of the receipts
mercantile circles, growing out of the decline in gold to a merely
for this week (as per telegraph) and for the corresponding weeks
nominal premium, and the belief that the situation must improve of five previous years are as follows
in the near future. The probability of an early adjournment of
18i7
1675.
1874.
1876.
I8'i3.
Congress, without further legislation that may affect public Hoceipts this week at— 18^8.
finances or values of merchandise, has a favorable effect.
10,1(10
8,319
11,315
6,170
6,381
!8,997
The poik market was stronger early in the weeE, with sales of Mobile
577
8,153
1,548
1,.301
1,706
5,490
.
mess at $10 05 for June and $10 10@10 15 for July, but latterly CiiarlestOQ
1,457
1,963
3,099
1,723
3,921
2,684
Port
Royal.
&c
872
93
343
declined, a considerable line going yesterday at about $9 85 on
3,485
1,450
2,076
2.853
3,676
4,035
the spot, with sellers at $9 80, $9 85 and $9 95 for May, June
3,?82
1,145
3,32i
4,115
2,863
3,236
and July. Lard has also declined of late, prime Western closing
9
3
311
890
857 \
to-day at $7 37i on the spot, *7 25 for April and May, $7 30 for Penness'ie, &c......
3,613
8,923
4,938
8,963
6,392
6,901
extent, retarded business
;
:
,
June and $7 40 for July, the speculation being most active for
June. Bacon has been fairly active, but closes quiet. The demand
tor cut meats has been very good, including pickled rib bellies,
medium and
Beef and beef hams firm,
with a fair movement. Butter has declined, but cheese remains
quite firm. Tallow has been freely offered, and closes dull at 7|c.
lor prime. Stearine was easier and more active at 7fc. lor prime.
Tobacco has been moderately active. The movement iu Kentucky, however, is not so large as last week, the sales being only
SOOhhds., of which 700 for export and 100 for home consumption.
Prices are unchanged; lugs, 2^(34^0.; leaf, 5@llc. Seed leaf was
quiet, the sales amounting to only 790 cases, as follows; 450 cases,
1876 crop, New England, 13 to 19c.; 100 cases, 1875 crop. New
Florida
88
24
37
8
34
North Carolina
Norfolk
761
462
893
831
753
5,011
1,763
3,003
3,C47
4,971
3,761
&c
672
84
109
76
231
333
39,016
18,010
30,930
22,190
38,937
48,373
City Point,
40O
licht weights, at 6@0|c.
Kngland, 19 to 31c.; 140 cases, 1875-76 crops, Ohio, 6i to 10c.
and 100 cases sundries, 5 to 17c. The movement in Spanish
tobacco has been more liberal, and the sales are 1,050 bales
Havana at 80c. 82c. and $1 05.
There have been moderate transactions of Brazil coffees, and
quotations, as a rule, are about steady, fair to prime cargoes being quoted at 15J@17c., gold stock here in first hands on the
mild grades have sold fairly at a
17th instant, 80,157 bags
steady range of values. Rice has sold the usual steady way at
current values. Molasses is quite firm foreign refining stock is
not plenty, and 50-test is confidently quoted at 3f3c. New Orlean^
has been active, and closes higher at 25@50c., the latter for fancy
Refined sugars have been dull, and close lower at 9|c. for
lots.
standard crushed. Raw grades also are easier, with very little
doing fair to good refining Cuba quoted at 7i@7ic.
,
;
Total this week
j
Total since Sept.
1....
4,043,751 3,796,429
3,885,496J3,296,846'3,545,608 3,209,893
The exports for the week ending this evening reacU a total of
57,458 bales, of which 44,756 were to Great Britain, 4,106 to
France, and 8,596 to rest of the Continent, while the stocks as
made up this evening are now 504,348 bales.
Below are the
stocks and exports for the week, and also for the corresponding
week of last season:
Exported to
Week ending
April
Great
ContiFrance
Britain.
nent.
19.
Sew Orleans
Mobile
Charleston
Savannah, &c
Qalveston
21,018
4,106
5,134
Total
Same
this
week
week.
isn.
30,253
Stock.
1878.
82,183 205,171
18'i7,
193,514
S2,137
3.552
8,553
2,237
13,560
980
8,234
3.141
3,111
2'.,S90
11,595
8,546
954
3,600
27,806
44,681
334
3,740
80,825
New York
3,456
Norfolk.
7,150
7,1-50
3,985
12,100
7,632
Other ports*
6.114
6,114
3,701
40,000
35,000
8,810 161,564 249,225
;
Total this week..
44,753
4,106
8,596
67,458
44,029 5.14,348 .599,763
;
;
8t«ck April
1,
!878
Eeceipts since April 1, 1878
Sales since April 1, 1878
Stsck April
Stock April
Stock April
1878
IS, 1877
2(>, 1876
17,
Bhds.
Boxes.
Bags.
16,330
28,853
24,345
20,838
34,348
58,470
9,257
6,985
2,598
12,644
6,770
32,872
36.334
43,527
57,421
27,440
168 245
169,801
Total since Sept.
The exports
1
1,812,886 451,948
week under the tieail of -'other ports" Inclu-lt;, from Baltifrom Boston, 1,765 bales to Liverpool.
In addition to above exports, our telegrams to-night Aso give
us the following amounts of cotton on shipboard, not cleared, at
the ports named
•
more,
this
131 tjales to
Liverpool
;
:
Melado.
On
490
1.09i
1,582
617,322 2,882,136 3,697,936
April
19,
at—
Shipboard, not cleared— for
Leaving
Liver-
France
pool.
Other
Coast-
Foreign.
wise.
...No
report..
Total.
Stock.
8SS
3,641
New
Orleans.
There has been a very fair businefs in ocean freight room
Mobile
4,9C0
is.eoo
1,500
1,800
900
9,100
7,600
None.
600
10,000
12,000
1,600
rates as a rule have been more steady, though now and then a Savannah
Galveston
4,915
None
None.
5,240
32,500
S85
Blight irregularity could be noticeable.
Late engagements and
Total.
21,340
17,115
l,t0.)
3,400
8,025
47,530
charters include; Grain to Liverpool, by steam, 8i@8id.; provisions, 30@35s. cotton, Jd. grain, by sail, 6f d. cotton, 15 64d.
From the foregoing statement it will be seen tUat, compared
grain to London, by steam, 8id. beef, 6s. 6d. grain, by sail, with the corresponding week of last season, there ia an inereawi
7id.; flour, la. 10id.@2s. flour to Bristol, by sail, 3s. 3d.; wheat in the exports this week of 13,439 bales, while the stocks to-night
to Hull, by steam, 9Jd.; provisions, 353.; grain to Bremen, by are 95,415 bales less than they were at ihis time a year ago.
The following is our usual table ahowina ^he movement of cotton
sail, 7|d.
grain to Cork for orders, 5b. 10id.@6s. per qr. do. to
it all the porta from Sept. 1 to April 13, the latest mail dates:
Bordeaux, 5s. 9d.(a6s. 3d. do. to Genoa, Leghorn or Naples, Os.;
BBOKirTS
KXPORTBD SINOB SaiPT. 1 TO—
Coastdo. to Rotterdam, 5s. 9d.; do. to Newcastle or Sunderland, 5s.
P0KT8.
wise
Stocs
Great
Other
7id.; do. to Malpas, 5s. 9d.; refined petroleum to Liverpool, 33
France
Total. Ports.
1875.
1876.
Britain
forel'u
4}d. per bbl.; do. to Bristol, Ss. lO^d.; do. and alcohol to Constantinople, 6s. 3d.; refined petroleum to the Continent, 3s. 7id.
do. N. Orleans. 1,.306,S;8 1,115,351 610,3,51286,714 258,359 1185,424 185,333 821,533
3n,i,8.30
819.094
83,070
95,887 33,047 29,770 148,704 334,453
from Baltimore to Bremen, Ss. 7id. do. from do. to Rotterdam, Mobile
444,623
454,537 119.033 66,816 10i,481 288,338 117.041
16,313
Charlest'n*
Today, rates were a trifle irregular. Grain to Liverpool
3s. 9d.
Savannah .. 661,223 460,687 161,313 36,351 135,175 332,839 212,436 23,838
by steam, 8Jd.; cheese, 35s. grain, by sail, 6f d. cotton, 15-61d.
82,044
Galveston*. 423,913 493,06!i 166,165 86,971 11,291 -J01,427 191,355
1,57,109
erain to London, by steam, 8@8id. flour, by sail, 3s. grain to New York.. 117,295 117,876 261,602 6,083 81,034 300,714
13,853
13,859
20,8 ;2
Cork for orders, 5s. 9d.@6s. per qr. do. to London, Ss. 6d.; do. to Florida
54,8-33
135,229
76,479
121,925
33,153
1,730 19,390
3,323
N. Carolina
6d.
do.
to
Rotterdam,
9d.
Antwerp, 5s.
5s.
469,906 520,707 135,641
1,075
3,929 139,845 310.795
21,374
Norfolk*..
In naval etores there has been little or no business of import- Other ports 137,055 124,891 154.910
14,304 169,714
35,503
ance, and quotations have been on the decline, closing at 30J@31c.
1763,110 447,843 608,7-26 2824,078 1336 645 6-13,104
Tot. this yr. 4,091,73)
for spirits turpentine and $1 55@$1 57^ for common to good
;
;
;
;
;
;
;
;
;
;
;
;
;
;
;
;
;
In petroleum a very dull state of affairs has been
noticeable, and the weakness has been enhanced by lower and
weak advices from the Creek; crude, in bulk, closes at 6Jc.
strained rofin.
Hie, for prompt deliveries.
and unchanged. Whiskey nominal at $1
refined
quiet
in bbls., at
Grass seeds are
07^, tax paid.
Tot. last yr.
3,778,419 1814.320 393.541 3li-.,U4 2.J5i.9i)7 1208.364
633.672
Included Port Koyal, Ac; under the head of
ffa?pes(onl8 Included [ndlanota.ftc.; under the head of NcrrMk is Included city
Point &c.
•Under the head of CAlWc^ton
is
Thee mill returns do not ctrrespond precisely with the total
of the telegraphic figures, because in preparing them it is always
necessary to incorporate every correction made at the ports.
—
;
;
THE (CHRONICLE
:z Apkii. 20. 1878.J
iimrkot for cotton on the sjKit has been innctivo, but pricos
'riit'
worn on Saturday niarkod
uplo. to 10|c. forniUkllinjr u|)liindH;but this adviini'o more nearly
<'xliil)ito(l
by
lioldero
on Friday, an noted
r<<prcscnli'il lht> .Htn>Uf;th
There
in our hist, tlinn any liccicb'd iniproveniont on Hatiirday.
was a diTlJne of 1-Uio. on Tuesday, and a^rain on \Ve<lne.sday,
formlchllinir
uplands;
baton
to
back
H)furos
lOJe.
Thurscarryini;
The trade has been quite
day the market was finn though quiet.
Tliere is some
moderate, and mainly for home consumption.
have
Qiiotiilions
vnri<Kl consiilernlily.
.
increase of stooks at this jwint, but holders aro not ]>res8iog galea.
For fiiluri> <lelivery, we have had a feverish and variable market.
Satunlay showed some advance in tlio early months, but Monday
there was a decline of S to 14 iMjints, the spring months being the
Tuesday opened lower, and the lowest figures
lea.st depressed.
of the week were made as follows: April, 10'74c. May, lOHlc.
June, lO'SOc; July, 10-98c. August, 1009c,; Septemlior, lOTSc.
November, 10'40c.; December, 10'41c. and JanOctober, 104i)c.
but the close was nearly up to Monday's figures.
uary. 10-46C.
WtHlnesday oi>ene<l depressed, with sales down nearly to the
lowest figures of Tuesday but the close was at a slight advance
on a denuind to cover contracts, stimulated by the fact that the
C'otttm Excliange is to be cIosikI till Monday next, and that the political news was more peaceful.
The most active of the depressing
influences has l)een the threatening aspect which European poli;
;
;
;
;
again a.ssumed; but the very favorable planting season has
eflfect, as well as tlie threatened strike in Lancashire.
will
It
1k' observetl that at the close of Wednesday's business the
decline in the present crop from Friday last was 6 to 10 jioiuts
(except A])ril), but the next crop was 13 to 14 points lower.
The total sales for forward delivery for the week are 183,700
bales, including
free on board.
For immediate delivery the
total sales foot up this week 3,789 bales, including 600 for
export, 1,857 for consumptjion, 1,372 for speculation, and
in
transit.
Of the above, 700 bales were to arrive. The following
tables show the official quotations and sales for each day of the
past week:
—
UPLANDS.
ALABAMA.
I
Sat. inon.
Apr.;8.
Ordinary
..^
.
t>.
ttood <.)rdlnary
Strict Good Ord'ry.
Low
.Mlddlliw
7 IS-IS
1 11-16
7 lV16i 7 15-16
8 ll-:6 8 11-16
7 15-ie
8 lt-16
9«
»X
»X
10 7-16
Middling
111*-
Good
.Vlddllnp
Good MlddlV
11«
Strict
11 7-16
Middling Fair
Fair
9«
Mon.
10 .-16
10 --IS
10«
IIX
7-H
IRi.
Apr.15.
TW6
8 :-i6
3 13-16
8 1-16
8 13-10
S 18-16
9«
9X
9*^
».S
10 1-16
10 J-16
10l-I«
IOT16 103-11
10 9-16
;o 7-:6
10 0-16
lox
lOX
10 9-16
10;<
IIX
!0 9-16
10:
M6
11 7-16
1
I5-IJ 11 15-16 11 15-16 12 1-16
12 7-16 :: 7-16 Vi 7-16 il-iO-lB
11
11 15-IC
TEXAS.
Aor.ia Apr.l!.
Apr.l!).
»«
10I-I6
Low JJlldrg
Strict
ORLEANS
nion
N.
Sat. IQton. Sat.
\pr.l5. .Apr.13
1
11 '8-16
12 1-16
'-16
li'^-,6
12 1-16
n
12 9-lii
Taes Wed. TueslWed. Tues Wed. Taea Wed.
la 7-16
I
buloi.
n-M
SCO ....
l.»oo
•>!)»
l*»
!W0
3,000
8,500
ll'(l»
W<i ...
400
8JU
8U0
l.iui
11-1>
11-13
1.100
J.lOl)
11-M
TOO
.
...11-10
«m
11-lS
JJU
u-ie
njm toui
DM
11-01
•«0
ZJO
11-08
U-lS
n-04
8.10J
KX)
l;ioo....
1,100 .
800..
lo-.i
I0-5J
10-38
TOO
800
too
IPS:.
»4)
lO-M
«W
10-»i
>!»
l»-4«
10-47
IW.,
...I0-«J
8W
ICO
lO-W
...lO-iil
iu-;8
.
,
100..
...1'<-6I
Kor NoTtmker.
10)
.'010
SOU
H/-I3
..VfVi
30,1
1(,-41
100.,
.ii)->i
100
100
100
10-45
6,9J0 total Sept.
lt-41
tout Dee.
For Jannarr.
...10-1,9
7uO..
.
1,000
...10-6T
...10-»(
.
10-88
'.o-m
.
For Decembar.
<.axi totxi uct.
..to- 30
MO..
2/xn toui Not.
1I)-J|
1,100 .
100..
,.;on
SOD...
too
4W
l-j-13
600
I
.ll-OJ
MJ
I0-7i
,.1'1-
ou,
V»...
lO-lt
lO-JO
900.
.I.-iS
,.10-?»
il-Ol
ii-te
ll-OI
i*»
WW
21X1..
11)0..
8110..
ii-ttj
1,800
litxi
•00
sno
..11-H
..ii-n
Aux.
l,0OJ..
lO-W
\sm
..ll-IJ
..ll-ll
11-.5
.
100
NlU
Kor ADfrnsf
2l»
MO
8«pcemb«r.
J<*or
jDir.
.11-11
..;i-ii
..ll-l*
]I,8JV t*t*l
0*lM.
balat.
..ll-l'l
...
u-u
.
P*r Ootobar.
eu.
e't.
1,<K)J...,
llOi
.... 11-09
1.300
1
t«J
to-4«
I'tf
10-M
100
100
10-9S
lC-«4
4U)tOUlJail.
lO-H
10-49
The following exchanges have been made during the week:
May
pd. to cich. 500
•:0
The following
for June.
will
|
-JO pd. to
exch. 500 Feb. for Jane.
show the
closing prices bid for future
delivery, and the tone of the market, at three o'clock P. M. on
the several dates named:
KIDDUHS UPLASDB— AWtSIOAir
had some
—
395
bam.
tics
Strict Drdlnary
.
.
-
Frl.
Market--
Firmer.
AprU
May
10-84
IP'91
Jane
1104
;aly
Aiigast
11-11
11*16
10-8)
10-87
10*36
10-57
10-61
10-85
8ept mber
October
NovembeiDec mb;r
Jaauary
Transf.ordere..
Cliwed—
Steady.
•ioii*
iJiti4
Exchange
4-84
OLXaiIFIOA.TTOH.
Mon.
Tues.
Wed.
Lower. Variable. Variable
Sat.
rarlabla
10-85
10'9j
ll-OI
11*18
11*19
10* ,9
1078
10-90
10-99
11-U5
10 85
lO-VI
11-02
;i.*--9
10-76
10-55
10*43
10-15
10*51
ir»i
1.-67
10-5T
ie-59
10-65
10-90
li)-8J
Firm.
Steady.
lOOK
lO^iX
4-84)4
4-84
10-80
10-8i
10-95
11-02
11-06
10*75
10-51
10-44
;o-4i
11-50
1103
10-74
10-62
111-41
10-42
10-50
10--0
1
Steady.
10 5<
4-84
Tha'-s.
Firmer.
10*86
10-91
11-00
11-07
11*10
10*77
10*56
10*16
10-47
10-34
10 91
-31
steady.
liOH
Steady.
lOOH
4*81
4-81
The Visible
Supi'ly op Cotton, as made up by cable and
telegraph, is as follows.
The continental stocks are the figureg
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 to-night (April 19), we add the item of
exports from the United States, including in it the exports of
FrMay
only:
1878.
StocK at Llvorpool
Stock at London
1877.
1876.
1875.
76J,00O
l.OTl.OOD
1,005,000
838,000
9,750
38.600
69,000
103,250
Apr.16.Apr.IJ. Apr.l6. Apr.U. Apr.l6. Apr.17. Apr.l6. .\pr.n.
Ordinary
il ».
Strict Ordlnnry
Good Ordinary
9
7 13-16
? 15-16
8 9-16
1 11-16
9 1-16
9
9I-I8
9K
Strict UoDd Ord'ry.
9 9-16
i 11-16 9X
Middling
9 15-16 10
9 15-16 !0X
10 1-16
BtrlctLow Mlddl'K 10X
10 5-16 lOK
10 .1-16 lOK
10 7-16
Mlddllne
10 11-16 lOX
10 11-16 lox
10 13-16 lOV
Good Middling
11 1-16 11
11 1-16 11
It 3-!6
11«
Strict Good Mlddl-g 11X
11 5-l« IIH
11 5-16
11 7-16
Middling Fair...
IIX
11 13-1! ilK
!1 11-16 12
11 15-16
1-2 5-16
Fair
12 5-'.6
12 1-16
12H
7 13-lS
8 9-16
9
1-16
« 9-16
10
Low
7 15-16
8 11-16
M
UK
9^16
9 11-lJ
10«
Th.
Frt.
Th.
FrI.
Stockat Bremen
11 7-16
12
11
15-16
!2 7-16
I
Th.
'.01.
IIX
S-16
IM
•
1-16
10 7-16
-.0
10)<
10 is-;«
11
9X
9M
Th.
Frl.
Frl.
Apr.lS. Apr.19. Aor.lS. ABr.l9. Apr.18. Apr.l9. Apr.lS. Apr.l9.
Ordinary
V B. 7
trlct Ordinary
8
Ctood Ordinary. ... 9
Strict
Low
Good
18-16
9-16
•
i»
Ord-ry,
...
.
.
9 15-16
?
7 15-16
8 ll-H
10 5-16
10X
lOX
s
11
a
11
i}1-,6
IM6
;
U5-16
:
10 1-18
10 7-16
%
It 15-16
13 7-15
Stock at Rotterdam
Stock at AjQt-werp
Stock at other continental ports,
ToUl European Stocks
1,129,500
I ,064,000
991,250
196,260
182,750
116,500
6,250
3,500
3,750
8,500
26,000
65,000
88,500
70,250
7,000
15,000
18,750
11,000
43,250
70,750
46.250
40,250
41,500
71,000
57,500
46,500
12,000
11,000
ll),50O
11,000
7,250
8,500
13,750
21,000
13,750
401,250
454,750
429,750
330,250
1,174,000
1,584,C50
5,*25
11,000
1,493,750
1,311,500
lOV
(Ddla cotton afloat ror Europe....
206,000
266,000
246,000
428.000
}i1-,6
American cotton afloat for Europe 610,000
373,000
515,000
453,000
11 1-16
12 7-16
BtiTpt, Brazil, &c.,afloatrorB'rope
Mod. Taes Wed. Th.
Sat.
Amsterdam
Total continental porta
iX
9X
B
u.
°
Stock at
77-2.7o0
S37,C00
15-'.6
8 11-16
S"
-a
5-16
7
9X
10 1-11
!0 7-16
li 5-16
..
>»
-a
9 15 16
Middling
Strict Low Mlddl'K 10 5-10
Middling
lux
eood Middling
11
Blrict Good Mlddl'g 11 5-16
Middling Fair.
11 18-16
Wr
7 13-16
8 9-16
9
Total Great Britain stock
Stock at Havre
Stock at Maraeillea
Slock at Barcelona
Stock at Hamburg
Frl.
39,000
55.000
4S,000
76,000
604,348
599,763
565,409
909,083
57,160
79,776
73,512
70,993
7,000
5.000
6,500
7,000
Totilolsible supply.. ..baieB.2,597,508
2,961,789
2,918,171
2.860,576
Stock In United States ports
Stock in TJ. S. Interior ports
Dnited 8tate3 exports to-day
Apr.lS. apr.15. Apr. 16. Apr. 17. .\pr.l3. Apr.l9
Sood Ordinary
Good Ordinary
15-16
11-16
8-16
13-16
7
8
9
9
Strict
Low Middling
Middling....'.
7 15-16
9 3-16
9 13-16
MARKET AND
Ex-
Closed.
1
port.
Quiet, higher. ..
Oull, easier
Dutl.easler.lower
Uu1ei,l»wer
Quiet,
9H
9X
IJ-M
7 13-16
8 9-:6
9-16
1-16
9 l-!6
11-16
9 11-16
1
Con-
ulat'n
170
801
600
alt.
FtrrtTRia.
Total.
230
Deliv-
Sales.
eries.
1,000
301
452
458
461
470
"m
arm
Spec- Tran-
samp.
Good
Friday
SALES,
SU,K8 OF SPOT AND TBASSIT.
Spot Market
BSS?:;
7
8
9
9
8 11-16
'837
SOI
705
1J35
34,800
47,800
83.500
87,500
8.789
isiTw
300
400
800
600
600
2.t00
Frl day."..
Total
660
1.857
'iST
For forward delivery, the sales (including
free on board)
have reached during the week 182.700 bales (all middling or on
the basis of middling;), and the following ia a statement of the
sales and prices:
For April,
For May,
bales.
CIS.
101 t.n. 17 h.:o-6S
2Ca>.n. 'Olh. 10-^0
s.n. 'Sth.iu-'.s
lUls.n. I6ih.a-7t
10-74
40J
20,1
4ons.n
0
MO
MO
m..
nos.n,
aw ...,
UM ...
.
aoo..
IW..
i'-T5
10-76
10*77
liV7S
10 '9
100 ..
500...
2,100...
11,300.
.
:.4<IU...
2,".0O...
28a)...
900 ..
8.900...
10-80
•i>W....
111-80
I.9J0....
*JU....
2.100
4.500
10--2
11-84
10-85
10-16
4,703 total April.
4.401)
8,900
600
bales.
MS.
ba'.es.
.10-81
iOO...
100...
cts.
...10-J3
...U-W
.-.O-il
.10*82
10* S3
.1(*81
10*
H
.io*e«
.l"-87
.10-83
10-89
.10-90
.10-91
9!
10 93
10-91
lO-JJ
40,70J total
May.
100
3.800
6.300
1.400
8,700
4.6W
4,100
4.700 ...
90
8.610
-.0-96
4.6W
V.IW
10-97
8,500
10-83
....10-93
10*94
10*95
10-96
10-97
10*98
111-99
11-00
11*11
American and otber descriptions are
as follows
668,000
736,000
600,000
Continental stocks
342,000
38-J,0flO
287,000
167,000
American afloat to Europe
610,000
373,000
515,000
458,000
Uiiited States stock
504,348
599,763
565,409
509,083
57,160
78,776
73,513
70,993
7,000
5,000
6,500
bales.2,068.503
Total American
Eatt Indian, BratU. die.—
195,000
Ltverpool stock
9,760
London stock
59,250
Continental stocks
206,000
[ndla afloat for Baiope
2,164,539
S,047,421
l,T»,07t
365,000
405,000
371,000
88,500
69,000
103,S50
72,760
142,760
153,850
266,000
216,000
428,000
United States interior stocks
United States expoits to-day
gypt,
Brazil,
Ac, afloat.
Total East India,
Ac.
517,000
T,00«
39,000
65,000
48,000
78,000
509,0:0
797,250
870,790
1.131,500
cts.
Total
2,0:8.508
2,161,539
2,017,421
l,729,o™
4,700
5.100
2.900
11*02
11*03
11*04
11*05
ToUlvislblesupply... .bales. 2,597,608
PrlcoMld. Uplands. Liverpool. ..5 15-16d.
2,961.789
2,918,171
2,860,578
S.-iOO
u-16
lI-t/7
4W
11*08
1090
10-81
10-92
totals o(
ilm«ri<an
Uverjool stock
bales.
3,9(0
1,70U
For Jane.
01 tbe above, the
71,200 total
Jane.
For July.
1.400
1.100
8.*20P
1,S00
8.300
1.600
I.IW)
l.ltO
10-97
10*98
10*99
*.l*i<)
11*02
11*08
11*04
11*05
American
6 1-lSd.
6Xd.
IJi&M
a deerease In the cotton in sight to-night
of 364,281 bales aa compared with the same date of 1877, a
ddoreate of 320,683 bales as compared with the correspondirg
date of 1876, and a deereoM of 263,06S bales aa oompared
with 1875.
At THE Interior Pouts the movement that ia the rewtpta
and shipments for the week, and stock to-night, and for the
oorrespondlng week of 1877— la set out in detail in the following
These
fifcureg indicate
—
statement.
V
.
THE CHRONICLE.
396
Week
ending April
19, 1878.]
Receipts. Shipments. Stock.
Aagnsta, 64
Commbas, Ga
Hacon, Ga
KashvUle, Tenn
314
;77
2,4U
6,848
5:4
850
29,607
2,181
1,814
137
2,414
136
6.689
1 ',987
57,169
2,812
5,002
78,776
478
395
1,436
1,550
3.017
1,750
Dallas, Tex&f
Jefferjon, Tex
;76
810
iSi
1,197
1,285
1,S31
11,634
17,910
33,819
5,857
8,619
49,635
1^843
30,897
95,979
8,6S1
13,621
128,411
Mo
Cincinnati,
515
3,SU1
1,16)
137
601
2,666
1,8S0
53
659
125
153
—
;
265
1,271
1,6»1
2?5
212
3,556
3,982
837
],36.0
—
and seventeen hundredths inches during the week. Great damage was done by the lieavy rain last (Thursday) night.
The weather during the week has been
Little Bock, Arkansas.
wann and showery, with wind and hail Sunday night also heavy
wind and rain Thursday night, accompanied with liail. Fanning
interests are greatly lieiiefitted by the rains this week, as it was
getting very dry.
The thermometer has averaged 69, the extremes being 81 and 53.
have had a rainfall of five inches
and twentj-three hundredths.
Excepting slight rains on two days, the
Nashville, Tennessee.
rainfall reaching seventeen hundredths of an inch, the weather
has been warm and dry all the week. Average thermometer 67,
highest 78 and lowest 57.
Memphis, 2'ennessee. We have had rain on three days, to a
depth of two inches and eleven hundredths, and the rest of the
week lias been cloudy. There has been a heavy rain here to-day
(Friday).
No planting this week however, planting is making
good progress much seed planted has come up and looks well.
Average thermometer 70, highest 83 and lowest 52.
Mobile. Alabama. There has been rain on two days, two days
have been cloudy, and the balance of the week has been pleasant.
The cro]) is developing promisingly. The thennometer has
ranged from 54 to 85, averaging 71. The rainfall has been seventythree hundredths of an inch.
Montgomery. Alabama. Rain has fallen on three days during
The crop is developing promisingly. Average thertlie week.
mometer 08, highest 88 and lowest 51.
The rainfall has
amounted to two inches and ninety-five hundredths.
Selma, Alabama. We are having too much rain.
It has rained
this week on three days.
We hail an unusually severe storm
We
2.129
4,B33
2,811
15,148
7,940
850
ports
8
840
21
113
8'!3
22-.
10
new
870
931
44S
SSI
6.945
3,639
U5
Ga
Rome, Ga
Charlotte, N.C
Total,
7,786
6,074
3,r09
6,795
46
44
5
199
78
220
436
280
28
123
Atlanta.
8t. Lonls,
1,265
2,772
],64S
Ga
Griffin,
209
140
228
4,715
..
8hreveport,La
Vlctsbnrz, Mlse. ..
Co'.nmbus, Miss...
Bafania, Ala
1,511
141
11,704
5,930
4,074
2,961
1,415
48,149
4,5t3
..
Total, old ports
260
222
89
148
Selma, Ala.
Memphis, Tenn
1,319
SOI
115
—
Viekiburg, Mississippi.
The thermometer lias ranged from 50
to 85 during the week, averaging 70.
It has rained on four days,
the rainfall reaching one inch and thirty-three hundredths.
Columbus, Mississippi. The rainfall has readied a total of five
April 20, 1877
Receipts. Shipments Stock.
863
404
510
765
(ait.)
Montgomery, Ala
313
Week ending
XXVL
Voi^
—
.'.56
946
167
1,S60
SOO
707
84,210
10,851
—
;
;
Total, aU
—
Tti9 above totals show that the old interior Btock" hare
decreised during the week 6,393 bales, and are to-night 21,610
bales less than at the same period last year.
The receiptp at the
Bime towns have been 3 777 bales more than the same week last
year.
—
—
Receipts from the Plvnt.vtions. Refer.' ing to our remarks
an explaaati m of this table, we now
bring the figures dowa one week later, closing tonight
in a previous issue fir
:
—
RBCEIPT8 FROM PLANTATIOWS.
Week
ending—
Feb.
Stock at Inter'r Ports Rec^pts from Plan t'ne
Receipts at the Forts.
1876.
1677.
1878.
1877.
1878.
1876.
1877.
136,876 125,5.32 I()l,6h7
118,588 l;0,006
137,138 210,856 179,266 240.708
118,778 137,032 133,352
110,576 120,720
120,093 202,44; 174,977 231,103
102,165 116,431 112,485
159,166
"
16
"
23. 109,676
88,068
107.670
198,.663 173,478 286,635
105,792
2.
88,815
68,616
94,.34J
1!I5,396 173.178 210,935
83,248
68,3:6
73,699
9,
78,8S0
60.74i
90 947
194.165 16S,891 198,465
77,249
46,855
7;,4:7
51,435
March
16
65,441
44,537
62.261
177,.351 165,747 189,636
48,s2;
40,993
"
83.
62,931
32,366
75,723
ie3,28f.'
158,011 146,653
48,863
24 6e0
62,740
"
30
59,912
30,397
16,470
146,001 151,199 131,795
41,633
83,555
50,612
55,804
"
19.
26,287
69,58ti
132,495 140,619 119,991
4.3,895
15,737
48,f;62
41,6;0| 21,1&3
61,391
130,164
im,sm
108,633
311,889
13,897
40.0.33
30,9:o| 18,010
39,016
127.296 128,411
95,979
28,052
is,or.8
26,362
Total. 951.438 779,805 1,0; 3,130
—
—
—
86,56:i 101,253
"
"
April
5.
"
12.
yesterday (Thursday.)
Madison, Florida. Rain has fallen on three days, the rainfall
reaching one inch and twenty-one hundredths. The thermometer
has averaged 09 during the week, the highest being 78 and the
lowest CO.
Macon, Georgia. Telegram not received.
Atlanta, Georgia. It has mined steadily one day this week, the
rainfall reaching twenty-five hundredths of an inch.
The thermometer has averaged 77, the liighest being 83 and the lowest 60.
are having too much rain.
Golumbus, Georgia.
It has
rained this week on tliree days, the rainfall reaching one inch
and forty-five hundredths, and the thermometer has averaged 70.
Savanni h, Georgia.
have had rain on two days, but the
lialance of the week has been jileasant.
The thennometer has
ranged from 57 to 86, averaging 69, and the rainfall has reached
one inch and fifteen hundredths.
Augusta, Georgia. During the earlier part of the week we had
light rain on two days, the rainfall reaching fifteen hundredths of
an inch, but the latter portion has been clear and pleasant. The
weather has been favorable, and jdantinghas made good progress.
The grain crop is developing finely. Average thermometer 67,
highest 86 and lowest 50.
It has been showery three days of
Charleston, t'outh Carolina.
tlie week, the rainfall aggregating two inches and two hundredths.
The thermometer has averaged 66, the highest being 80 and the
lowest 56.
The following stitement we have also rec-ived by telegraph,
showing the height of the rivers at the points named at 3 o'clock
April 18.
give last year's figures (April 19, 1877 ) tor com-
1878.
210,6f)2 182,240 214,494
2. 131,879 13^,374
9.
1876.
— We
— We
873,569 712.634 .M7.0S6
—
*
The interior stocks January 25 were, for 1876, 2j5,16, bales; for 18.7,
195,082 bales; for 1878. 212,013 bales.
This Statement shows us that although the receipts at the ports
week ware -39,016 biles, the actu il from jilantations
were only 23,362 bales, the balance being drawn from sticks at
the i terior ports. Laat year the receipts from the plantat ons
for the same week were 13,058 bales, and for 1876 they were 3S,0.53
the past
bales.
—
—
WE.\TiiEn Reports by Telegraph. With tlie exception of
a few points wlirre tlie complaint is too much rain, tlie jjrogress
during the weel? has I>ecn very satisfactory. The seed is now,
except in tlie more nortliern sections, generally planted and largely
up and growing. Indianola reports a few scjuares. At present
the crop may be considered an early one almost everywhere and
the start good.
—
New Orleans. Below high-water mark
.
has not rained during the week, but it has
been generally foggy. Every crop is developing promisingly,
including small grains and fruits. The apprehensions of frost
have been greatly relieved, and after next week there will be no
danger. Average thermometer 74, highest 85 and lowest 6.5.
Indianola, lexas. Tlie weather has been warm and dry
throughout the week, and all crops are growing amazingly. The
cotton plant looks strong and healthy, and in some sections a few
squares are reported.
The thermometer lias averaged 74, the
extremes having been 64 and 81.
Gorsicana, Texas.
There lias been a shower on one day,
the rainfall reaching fifteen hundredths of an inch.
We have
had very warm, forcing weather during the week. The fields are
clear of weeds, and crop accounts are more favorable.
Average
thermometer 74, highest 90 and lowest 70.
Dallas, Texas.
Iiave liad a glorious rain on two days of the
week just enough. Wheat is heading beautifully and fruit is
promising. Corn is growing and cotton coming up. Best prosi)Oct
for crops of all soi^ts for ten years.
Cotton planting is about completed in tills neighborhood.
Tlie thermometer has ranged from
69 to 83, liaving averaged 74. The rainfall has been one inch and
fifty -one hundredths.
Brenham, Texas. It has been exceedingly warm during the
week, and no rain has fallen. Tlie crop is developing promisingly, and the prospect will be magnificent if next week passes
with(mt frost. Average thermometer 79, highest 88 and lowest 74.
New Orleans, Louisiana. It has rained here on one day of the
week, with a rainfall of ten hundredths of an inch. The thermometer has averaged 73.
ISliriveport. Louiaiana.
Crop prospects are very flattering, and
the weather lias been most favorable for early development. The
season is from two to three weeks earlier than last year.
It is now
threatening rain, the rainfall during the week having lieen three
inches and two hundredths. The thermometer has ranged from
C8 to 62, averaging 75.
'Jalvrston, Texas.
We
parison;
Above low-water mark
Nashville. .. .Above low- water mark
Bhreveport. ...Above low-water mark
VicksbutE
Above low-water mark
Memphis
It
—
— We
—
—
—
1
.
'7&^ ^April
19 7/..—
»eet.
Incu.
Inch.
2
4
1
32
10
14
10
9
29
6
!0
10
i.'.
22
39
3
11
New
Orleans reported below high-water mark of 1S71 until
when the zero of gauge was changed to bigU-water
mark of April 15 and 16, 1874. which is 6-lOihs of a foot above
1871, or 16 feet above low-water mark at ihat point.
—
—
<— April
Feet.
s
18
Sept. 9, 1874,
—
i
Comparative Port Receipts and Daily Chop Movement.
of the port movement by weeks is not accurate,
A comparison
do not end on the same day of the
have consequently added to our other standing
tables a daily and montlily statement, that the reader may c instantly have before liim the data for seeing the exact relative
movement for the years named. First we give the receipts at
each port each day of the week t nding to-night.
as the
weeks
in different years
We
month.
PORT BECEIPTS FItOX SATDBDAT. APRIL
New
Days
of
week.
Satardiy
Orleans
13, '78,
TO FRIDAT, APRIL
ves-
Nor-
Wilming-
All
ton.
folk.
ton.
others'
Gal-
Mo-
Char- Savan-
bile.
leston
nah
19, "78.
Total.
97»
556
543
790
7 3
1,076
6
1.617
6,299
Monday
2,516
687
803
6.36
796
780
6s
1,894
7,62»
Tuesday
963
996
487
599
663
782
78
1,312
5,707
Wednesday.. 2,615
48
813
586
438
787
128
1,615
6,484
642
807
117
701
1,037
1,011
16
1,179
4,910.
2,376
6',7
224
8 6
675
4i
5,445
7,987
10,C90
3,163
3,4S5
3,882
5,011
11,092
S9,018
Thursday....
Friday
Total
1,966
S3
:
,
..
THE CHRONICLE.
Aprii. ao, 1878.J
The moTemeat each moath
September
1
Tdor Uginnlng SepUmdtr
1.
siace
has bnen a*
follow!
1876.
November
1874.
1873.
1873.
9^.t«l
!H6,863
169,077
m876
115,
US
184,744
M3
e7B,M0
610,316
538,903
355,333
444,003
8i3,493
t01,3»i
740,116
876,595
576,103
530.153
900.119
787,769
831,177
759,036
811,688
524,975
689,610
900,630
6S7,0f!
44«,05i
703,163
669,430
338, 3^4
578,
.
1875.
December..
January
Pebruary
4:S,0M
449,686
479,901
431,333
46J,I553
March
M0,629
182.937
300,133
iSt,433
833,703
309.30?
3,901,825
3,7il4,59S
3.7i7,684
3,18S,4St
3,875,903
3,035,164
.
ToUl, Mar.
31.
war growths, but unfortunately the season Is so late that only a
comparat voly small proportion of the crop will reach the coa«t
prior to the rains.
Altogether we iocllue to the belief tbat the
exports to 30ih June will not sgitrrgate 700,000 bales.
XteHpti.
ISTi.
397
total
Monthtf
£«pteinbcr
October....
:
Something under would probably be nearer the mark.
From this it will be seen that up to June 30 the Messrs. Nicol
& Co. do not expect the total Botuiiay shipments to Europe to
reach 700,003 bales last year's shipments to that date were
747,000 bales. On t'.e same sjbject, under date of March 11,
Messrs. Wallace & Co. write as follows
Receipts of cotton into Bombay continue liberal, and since 1st
September amount to 407,903 bales, against 385.074 bales last
season.
The quality of late arrivals from Broach has been
deteriorating rapidly, and it is evident that tbat crop ig fast
coming to an end " good " is uoprocarable, and even " fully
good fair" is the exception. Oomraottee keeps up both In
quantity and quality, but anything free from dark leaf and stain
;
;
Percentage of
total port
81-85
91- 9
88'75
93-48
Marcb 31
8t'M
Tbia Btatemeot shows that up to April 1 the receipts at the
ports this year were 167,233 bales more than in 1876 and 141,143
bales more than at the same time in 1875. By adding to the
totals to April 1 the daily recvipts since that time, we shall
be able to reach an exact comparison of the mcvement for tbe
recelpta
different rears.
1877-73.
1376-77.
1875-78.
1874-75.
1878-74
1873-73.
Mar.
RaeelptaApr. 1
BeeelptsApr. 3
Receipts Apr. i
Receipts .\pr. 4
Receipts Apr. 5
Receipts Apr. 6
Receipts Apr. 7
Receipts Apr. 8
Receipts Apr. 9
Receipts Apr. 10
Receipts Apr. 11
Receipts Apr. 13
Receipts Ajir. 13
Receipts Apr. 14
Receipts Apr. 15
Receipts Apr. 16
Receipts Apr. 17
Receipts Apr. 18
Receipts Apr. 19
3,1101,825
3,734,533
3,757,683
3,185.484
3,375,908
3,01-,164
8,735
Total April 19..
4,043,';51
Tot
Par
last of
ct.
4,505
11,314
10,43)
9,834
5,811
8.
5,976
6,901
7,393
6,649
6,377
15,839
5,160
8,003
8,.3:6
5,114
4,836
7,034
7,639
7,931
14,158
3,0J3
9,676
8,57S
8.
5,817
4,915
4,483
8,437
13,987
8.
3,164
10,114
6.045
8,391
10,996
6,411
4,485
7.691
6.967
10,928
15,764
8.
S.
S.
11,515
8.
5,6S9
9,734
5,973
8.
7,533
6,813
9,790
4,106
10,675
5,319
5,sl3
5,272
4,729
4,481
6,138
8.
5,637
9,593
9,316
3.317
6.639
10,104
6,339
3,6tl
6,113
6,189
9,347
S.
2,794
6,937
8,003
6,517
n,C9a
9,-m
S.
8.
6,119
4,7=3
3.335
8,817
6,701
6.134
8.
6,374
4.918
9,-116
6,481
8,579
6,759
3,983
6,971
13.563
4,910
4,68a\
5.331
5.72:
7, -we
1,561
4,1.98
6,077
3,798,731
3,ST6.»33
3,332,581
S.
7,639
of total p« rt receipts
94 07
8.
91-60
9i-86
S.
3,497,333
91-93
6,076
.3,189,561
86-81
This statement shows that the receipts since Sept. 1 up xo
to night are now 344,970 bales more than they were to the same
day of the month in 1877, and 106,706 bales more than they
were to the same day of the month in 1870. We aid to the last
table the percentagns of total part receipts which had been
received April 19 in each of the years named.
almost unobtainable, as indeed hag been the case hitherto this
Tbe small sample lots of Dhollera descriptions so far
though free from dark leaf, are the reverse of satisfactory, being of the poorest quality, especially as regards staple,
and, although the season is already late, it is evident tbat these
sample bales represent unripe otton, so that some improvement
in the staple may be looked for in later arrivals.
As to quantity, it is now very doubtful if even half an average crop of
Dhollera will be forthcoming, so that on the who e there is
now very little chanc? of the exports to Europe hence for the
half year ending 30th .June being in excess of those during same
period last year, which were the smallest since the half year
ending 30th June, 1865. Ihe deficiency, however, may be made
up after the monsoon is over, when the bulk of the Coorapta and
Dharwar crops, of which report speaks highly both as to quanis
season.
received,
and quality, becomes available.
This statement is a little more favorable bat cable advices
since received go to confirm tbe less sanguine account.
It
appears, however, that up to this time Bombay spinners have
not been taking as much t otton as last year, and it may be that
the dull trade is so affecting them as to leave a larger portion of
the receipts for export. We hear of no change in prospects
from the other side of India.
BosiBAY Shipments.- -According to our cable despatch received
to day, there have been 19,000 bales shipped from Bombay to
Great Britain tbo past week and 39,000 bales to the Continent;
while the recepis at Bombay during this week have been 28,000'
biles.
The movement since the Ist of January is as follows.
These are the figures of W. Nicol & Co., of Bombay, and are
brought down to Thursday, April 18:
tity
;
.—Shipm'ts this
Great
OotiBritain, tinent.
2i.0)0
1378... IS.WO
1877.... a:3.(G0
11.000
:576.... 19,003
18.0J0
weeii—
Total.
.3i>,nil0
—
—
^Sliipments since Jan. 1.-,
Receipts.
Cireat
CanTliis
.since
Britain, tinent
Total.
weelc. Jan. 1.
173,1X1)
l<iV0O;)
40S0))
28.000
S-r'S.OOO
.
34,000
37,001
21<i,()00
I-)0,000
398.1)00
3l2,0j0
13U,000
3ti.',0U0
6 1,0(10
60,000
•
331,000
622,000
From tbe foregoing it would appear that, compared with Iai,t
Cotton Mill Sthikes in E.solvnd.— The movement which ye ir, there has been an increase of 5,000 bales in th) week's shlplu -nts from Bombay to Europe, and that the total movement
has been in progress the past week to reduce wages in most of
the Eng!i^h cotton mills appears, accorJing to the latest advices,
to meet with a lets stubborn resistance, and, it is believed, will
and prolonged strike tban was at first
At Manchester a meeting of operatives is expected
to be held, from which a compromise will emanate that will be
accepted. At Lancashire, the notices of reduction did not expire
until to-day, so tbe result is not known.
At Blackburn there
appears at present ti be a more determined resistance than elsewhere. In the present state of the trade, though, it is impossible
for the strike to last long or to end otherwise thau unfavorably
to the workman.
Tbe tendency of the goods market is down
and all classes of prodticers are suffering, whil i stocks are accul
mulatiog. Hence, to the manufacturer a strike is not the greatresult in a less extended
anticipated.
est evil.
India Crop. —As the sea»on advances, less favorable views
appear to be taken of crop prospects in the Bombay districts.
Our readers will have noticed in our cable figures from India how
amall comparatively the Bombay receipts have been the past few
weeks. This is fully accounted for in the following, taken from
Messrs. Nicol
&
Co's.
r.
port of
March
,
WSSK IHDIHe
Same
ToUl
BZrOBTBS TO
Uar.
37.
:
For some time we hare been carefully instituting inquiries
respecting and framing es;imates of the amount of cotton which
will, probably, be exported hence to Europe from Ist of
January to 30ih June, and our conclusions do not justify the
belief that last year's figures will be reached.
There can be no
doubt tbat the Berars and Central Provinces will send one of the
largest crops on record to the coast, but it is equally certain that
Broach Is more of a failure than we anticipated some time ago,
and tbe more the condition of Kattywar is inquired into tbe
less hop -f ul do prospects appear.
It is now rare to find advocated
of a anna (or about l-3rd) crop, and wh-n it is b,rne in mins
that a very large proportion of Dholleras comes
forward
after the rains, it will readily be seen to what
extent the usual
source of our largest supplies will fail us in the Bliipraents of late
April and May— the latter month especially.
The crop in the
Bouthern
,hratia country (8aw-ginned Dharwar and Coorapta)
might have, to some extent, made good the deficiency of Katty-
M
since January 1 shows an increase in shipments of 12,000 bales,
compared wita the corresponding period of 1877.
OUNNY B.\os, Bagging, Etc.— Bagging has not changed since
our last. There is a fair jobbing demand to be noted, but the
inquiry for round parcels is still absent. This gives a quiet
appearance to the market, and dealers are quoting dull. Prices
show no change, and no disposition is shown to accept less
than l»@10ie. for a prime article, though a lighter quality can be
bad at less. Butts are also ruling dull, and wo do not hear of any
sales except in a trifling way.
Quotations are a turn en.sier, and
the market is ruling in buyers' favor, with parcels now to bo had
at 2 3-16c. though 2 jc. is generally demanded for parcels on spot.
Thk Expokts op Cotton from New York this week show a
decrease, as compared with l&at week, the total reaching 3,740
bales, against 8,780 bales last week.
Below we give our usual
table showing the exports of cotton from New York, and their
direction, for each of the last four weeks; also the total exports
and direction since Sept. 1, 1877; and in the last column the toul
for the same oeriod of the previous year:
Baporuot Oo(ton(baleB)from N««* York aloeeSept.!, I8TT
April
3..
13,158
Other British Ports
Total to Gt. Britain
13.1-18
Havre
7,S9J
April
10.
17.
f,099
3.380
no
76
363,915
3,063
364.I37
9,784
8,568
3,186
JW.OJS
374. 191
4,978
115
7,383
Other French porU
set
1^6
Hamburg
1,461
Sl'l
Other ports
Total to
If.
Bnrope.
.
prev'aa
jear.
April
866
Bremen and Banover
to
160
S03
to
381
Sli
331
date.
6,(88
7,M«
16.771
4,!«;
lb. 132
11,148
31,910
14,9<0
t,3W
1.SM
Spala,Oporto*aibraltarAc
AJlothers
Total Spain,
4ce
Qrand Total
13.354
"io,081
....
....
S,39S
108
8.7S0
8.740
)!04.I54
396.7S3
:
,
.
THE CHRONJCLE.
398
The following are the receipts of cotton at New York, Boston,
Philadelphia and Baltimore for the past week, and Bince Sept. 1, '77:
nw TOBB.
ThlB
week.
New
Orleans..
Sept.
152,434
64,019
131,8o2
4,865
5,211
1,765
Savannah
Mobile..
Florida
8'th Carolina
N'th Carolina.
Virginia
North'rn Ports
1.
"l7
5,569
99,972
50,739
153,976
12,978
119,749
3,659
1,049
si 272
TUESDAT.
Apr.-May delivery, 5 27-S8d.
May-June delivery, 5 27-32d.
June-July delivery. 5 29-3i@j8d
July-Aug. delivery, 5 l,5-16^:J9-32d
761
41600
20,218
'240
S7,0-i8
695
1,842
'631
54', .156
1,695
3,986
84,357
96,868
Total this year
14,621
794,941
e.956 392,818
Total last year.
5,618
631,914
5,917 286,362
763
"16
914
a',464
Ang.-Sept
Apr.-May
18.804
8,310
1,951
35,984
l',i68
1,408
60,878
86;
50,636
19
814
'175
9,480
t®5
delivery,
3i-32d.
Wednesdat.
May-June
SJi'd.
delivery, Bji@27-3ad.
July7.\ug. delivery, 5 ^9-32d.
5 ]5-16d.
iSepi.'-Occ. delivery, 6 l-32d.
delivery, 5 13-16d.
June-July delivery,
July-Aug. delivery,
48,303
10;692
18,455
i7,539
'4»i
Mar.-.\pr. shipment, 5 I5-16d.
Oct.-Nov. nelivery, Cd.
Nov.-Dec. delivery, 5 31-38d.
Jnly-Aug. delivery, 5 1.5-16d.
Aug. -Sept. delivery, 6d.
Apr. delivery, 5 57-3 Jd.
This Since This Since This Since
week. Septl. week. Septl. week. Sept:
Tennceaee, &c
Foreign.. ...
801
Fhtiures.
BALTIHOBI.
PHILAEKU'IA
BOeTON.
Since
fVou XXVI.
Aua'.-Sept. delivery, C@5 31-32d.
Oct.-Nov. delivery. 6 l-32@6d.
Apr. delivery, o 12-16d.
Apr. delivery, 5 27-82d.
Apr.-May
delivery, 5 27-32d.
July-Aug. delivery, 5 15-16d.
Tbursdat.
Apr. delivery, 5 27-S8d.
May- June delivery, 6%d.
July-Aug. delivery,
June-July delivery,
5 lE-lOd.
1,518 130,474
5 29-S2d.
Sept.-Oct. delivery, 6 l-32d.
Aug.-Sept. de.ivery, 6d.
Apr. delivery. 5,'^d.
Apr.-M.iy de.ivery, 6 37-3id.
July-Aug. delivery,
5 31-32d.
(Friday,
i
1,512 1C6,682
1
—
Shipping News. The exports of cotton from tht United
States the past week, as per latest mail returns, have reached
Liverpool.
.
So far as the Southern ports are concerned, these
are the same exports reported by telegraph, and published in
The Chroniclb, last Friday. With regard to New York, we
Saturday.
Monday..
Tuesday.
Wed'day.
Wednesday
Thur'dy..
"iOl
80 Sea
1,100
1,015
. . .
920
land
To Bremen, per barks !>andirk, 2,025 Upland. .Flid. 1,076 Upland
To Cronsuidt, per barks Fortuna, 1,501 Upland ...M. D. Eucker,
l,870Upland
NoHTOLK—To
Liverpool, per ship Belle O'Brien, 7,047
Liverpool, per steamers Gracla, 550. ..Sardinian (ad-
3,101
2,774
7,047
Baltimore- To
ditional), 996.
Boston— To
1,546
.
LiverpOTl,
per steamer Pembroke, 150
Philadelphia— To Liverpool, per steamer Lord Clive,
Portland, Maine— December, 187", to March, 1878-To
steamers Ontario, 1,406... Quebec,
911
160
1,007
1,007
Liverpool, per
Dominion,
1,275
4,638
Misil.-sippi, 1,041
61,803
The particulars of these shipments, arranged in our usual form,
kre as follows
Q'town
BarAnt- CronNorBreand
Livermen. werp. stadt. koplng celona. Total.
Cork. Havre.
pool.
3,740
284
76
New York 3,380
.
N. Orleans. 18, 185
Mobile
4'784
8,719
1,489
i',866
I'.ioo
Savannah
920
'.'.".
3,i6i
28,248
4,892
....
.;!!
i^asa
Charleston. 1,638
8,774
2,150
1,015
8,751
....
6,79.'.
7,047
1,516
Norfolk.... 7.047
Baltimore.. 1,546
160
Boston
Philadelp'a 1,007
Portland... 4,033
150
.
4,784
11,204
Total.. .31,581
1,8S0
4,638
Included in the above totals are, ft-om
New
2,774
1,100
1,007
..
3,165
March
week
bales.
Forwarded
Sales Ameiican
of which exporters took
of which speculators took
Totalstock
of which American
Total import of the week
of which American
Actualexnort
Amount afloat
nf which American...,
89.
r.0,000
7.36.000
7.>6,000
556.000
61,000
35,000
6,000
342,000
856,000
6-0.000
81,000
71,000
6,000
SIS.OOO
241,000
10,000
3:),0(0
4,000
1. 000
Tie following table will show the dally closing
Satnr.
Mon.
Tnes.
S-pCt.
M!d. Uprdf....®B
Mi'1.0rl'n^....(a6Jf
April 5.
April
prices of cotton for the
18.
sales are
wise stated.
11.000
21,000
3,000
1,000
763,000
568,000
60,000
43,000
4,000
336,000
261,000
week
:
Fri.
Thnrs.
..@5 15-16 ..@5 15-16 ..©5 15-16 ..@6 15-16 Good
..®6 3-16 ..®6 3-16 ..@5 3-18 ..®6 8-16 Friday.
on the basis of Uplands,
':7ed.
Low Middling
clause, unless other-
SATtlBDAT.
April delivery, 5
May-June
June-July
I
I
delivery, 5 89-32d.
July-Aug. delivery, 6d.
Ang.-Sept. delivery, 6 l-32d.
Oct.-Nov. delivcrj-, 6 l-16d.
Aprll-Uay sbipm't, sail, 6d.
.
Barley in moderate
Canada.
1
Canada
in bond,
and
49c. for
e?iport
Western
Oats were active and materially advanced. Large lines of No
2 Western were taken, mainly for export to France, at 34@34ic]
Yesterday, the market v.ras stronger,
in store, and 36c. afloat.
but closed quiet
No. 2 graded, 35c. for mixed and 3.')J@35Jc. for
;
white.
The following
are closing quoiations
:
URaIN.
Kloob.
So. 2
juperUne Slate
ern
Sitra State,
&
9
bbl.i3 COa
4
Wheat— No.3spriEg,bEsh$l 19a
00
West4
5
Ac
Western Spring Wheat
extras
do XX and XXX
do winter X and XX..
do Minnesota patents..
City shipping extras.
City trade and family
brands
Southern bakers^ and family Brands
Southern sbipp'g extras.
.
26a
lOa
4 75
5 25
5
0^^5
6
6
6
6
405
15®
6 50
6 50
00018 00
15
153
6
252
a
1
1
1
1
—West'n mixed
lows
:
—
BBOBIPTB at
,
1818.
For the
week.
Flour, bbl..
1,311,673
65,072
12,808,458
549.509 6,500,934
819,414
113,548
40,347 1,689,418
85,810 1,853,272
67,371
8,729
O.meal, ".
Wheat, bus. 461,700
Com.
"
"
BarleT. "
Rye
Oata...."
.
.
.
.
.
Same
time
1
1
32
37
38
...
47®
3)^®
65
54
Southern, yellow, new..
58®
5fi
Rye
Oats— Mixed
White
Barley— Canada West...
70.a
7.1
33®
343
78®
68®
68®
65®
00®
.„E3i
36
1
SBW YOBK.
Since
Jan. 1.
22
do steamer grade.
State, 8-rowed
State, 4-rowed
Barley Malt— State
503
16a
403
fOa
27®
323
1
1353 145
White
Corn
6 50
1
185^128
spring
spring
Red Winter
Amber do
30
6 75
5 40
4 00
3
2 2552 2 65
3 0.53 3 15
5
6
No.
No.
....
Eye flour, superfine
1
Canadian
Ctornmeal— Western, &c.
Peas-CaEado.bondi.'rec
Corn racal— Br'wlnc. &c.
The movement in breadstuSsat this market has been as
Ang.-Sept delivery, 6 l-16d.
Jnly-Aug. deliveiy, 6d.
Apr. delivery, 5Jid.
June-July delivery, 5 15-16d.
July-Aug. delivery, 5 31-32d.
May-June delivery, 6Ji d.
State and
at 70c. for No.
Oct.-Nov. delivery, 6 3-32d.
29-.32d.
delivery, 5 15-16d.
delivery, 5 31-32d,
UOITDAT.
May-June
for
29,0C0
Fulurei.
These
sold pretty freely at 72J(a73ic. for No. 2 Western, and
Rye has
74@74Je.
feeding.
April
18.
66,000
11,000
55,000
4,000
7.0D0
744,000
561,000
60,000
31,000
6,000
865,000
368,000
19, 18;8.
53ic.
61,803
Orleans, 701 bales to Genoa.
43,000
11,000
34,000
3,000
2.000
5i
Ji
3i
;
demand
:
Sales of the
—
—
—
—
—
comp.
comp.
comp.
comp.
comp,
There has been gathering strength to the flour market the
past few days, and a slight advance in shipping extras is established at the close. The demand has not been very active, and
yet several thousand bbls. of common extras were taken at $5@
The improvement was largely from sympathy with the
5 10.
improvement in wheat. Bye flour is depressed, but corn meal
met with a good demand at full prices. Yesterday, the market
was stronger, but closed quiet, under reports favorable to the
maintenance of peace in Europe.
SupTliere has been an active atd buoyant market for wheat.
plies on tbe spot and for April Lave become quite reduced, and the
purchases have been largely for arrival in the first ten or fifteen
days of April. On Wednesday afternoon, No. 2 Northwest aud
Milwaukee were taken in large quantities at $1 26f@l 27 on the
spot, $1 25i(al 26 for the first half of May, and $1 24J@1 25 for
Winter wheats are also materially higher. No. 1 red
all May.
and amber selling at $1 38@1 39, and choice white, |1 44@1 46.
Receipts continue very large at the West, but they are quickly
taken up. Yesterday, the market opened buoyant, with sales o'
No. 2 Milwaukee at |1 27 in store, and No. 1 spring |1 31 in
but the close was quiet.
store
Indian corn met with a very fair demand, and supplies on the
spot having become reduced, holders were able to obtain higher
Yesterday, tbe market further advanced, No. 3 selling at
prices.
4,6.33
LiVBKPOOL, April 18—4:00 P.M.— B7 Cable from LivkhPOOL.— Estimateil sales of the 'day were 5,000 bales, of which
Of to-day's sales
500 bales were for export and speculation.
The weekly movement is given as
4,200 bales wure American.
iollowB
K
%
comp
@;'g 11-16
Sail.
c.
c.
Pbiday, p. M., April
I,fi36
.
—®%
—UK
—
— @M — @15-()4 comp. %
— @)i —@ 15-64 comp.
—@X —@15-b4 comp. X
—®V — ®16-64 cump.
c.
c.
-13,% i;-18 cemp.
11-16 comp,
— @Ji 11-16 comp.
11-16 comp.
cp.
cp.
J4 cp.
cp.
Ji cp.
ii
.
steam.
f
BR£ AD8 TUFFS.
1.489
1,253
8,150
Island
c.
:
,— Hambnri:—
.
.
.ood Friday- Holiday
8,719
4,781
1,850
To Norkoping, Sweden, per bark Titania, 1,100 Upland
Rosa. 515 Upland
To Barcelona, per brigs Pronta. 50O Upland
Savannah—To Qaeenstown for orders, per bark Kongsbjrd, 920 Up-
c.
—&ii
Total bale?
per steamers Algeria, 690.... Helvetia, 1,216
3.330
Adriatic, i,(34 ...City of Richmond, 440
76
To Hull, per steamer Hindoo. 76
284
To Bremen, ppr steamer Hermann, 100 ...per bark E.Delias, 184..
Carolina,
New Obleans—To Liverpool, per steamers St. Louis, 3,365
13,195
4,250 ...per ship Annie M. Law, 4,580
ToCork, per ship McDongall, 4,800. ...per bark Minnie M. Watts.
3,919
—
.
,
Sail,
d.
d.
- (§,15-64 comp.
NbwYorb—To Liverpool,
To Havre, per barks Harold. 2,497... N. S. Pettersen, 2,287
To Antwerp, per schr. Rinnie J. Carleton, 1,850
T© Genoa, p' r baik Norma, 704
Mobile— ToCork, per bark Charles Northcote, 1,439
To Bremen, Pi-r fchr. C. M. Nevins, 1,853
To Barcelona, per str. Prancoli, 2,110
Charleston— To Liverpool, per bark Marie, 1,556 Upland and
— —
Bremen.
,— Havre.
Sal
Steam. Sail. Steara.
,
Stoam.
01,803 bales.
Include the manifests of all vessels cleared up to
night of this week.
Good Friday— Holiday.
Cotton freigtits the past wceli nave been as follows
HXPOBTS »B0M
1/
.
1878.
For the
Since
Jan. 1.
.
.
4()
88
65
'it.
1
.
1
85
10
.
CO
fol-
OTW YORK.—,
1877.
For the
week.
1877.
week.
14,685
769,203
754,699
5.3,271
6,256
60,611
74.029
3,293
645,227 1,001,986 12,3!'8,746 280,318
513,699 5,232,3.37 3S2,472
4,965.619
45,591
974.966
174,269
156,641
SS,E88 1,162,912
904.508
4,684
23,088
85,689
1,815,667
.
Since
Jan. 1.
345,S70
69,038
2,150,448
5,457,9.11
351,280
131,158
49.140
:
ArRiL
20. 1878.
THE CHRONICLE.
|
folloirinK tablea (how the >ir«lD lo slitht
n( Brt-a-liituifi to tbi> Uteiit mall dateii:
and tba inov».
The
meol
aKOKlrro AT LAKS KSO KI7RH PORTS FOH THR WBBK RNr>INa
APRIL 18, 1878, PROM l>KC. 'Si TO APRII, Hi, AND FROM
Ano. 1 TO Apuii. i;j.
&i—
Vlonr,
Wbc«t,
bbli.
bnsb.
(196 IbK.)
ChIr«i(o.
.
Mllwsokoc
PoiirU
bu«b.
(BRIhr.)
(S> Iba.)
l.^lO.SSi
8 410
186,769
UM
»W
77,«41
Z18:»n
40IJ
5,Wi
lH,01i
S,I87
!»,8a«
1,860
«,IOO
174,473
5,600
.'iT.tSJ
S2J,3''6
61,:)lt
6'<8
Tolodi'
D.itWiL
ClcviliiDil
St. L<>1!»
(MIthi.)
OeM,
Corn,
baah.
Rye.
busb.
bush.
(48 Iba.M^^t Iba.)
Barlojr,
SJ,862
19,075
iSH
6,SS3
2J.S75
39.448
a5,«70
4,031
IJ.JJO
7.710
f,7B0
89),il75
B\709
811,900
5J,650
8.551
lS,3iO
2S,500
2,167,787
3,2I5,5»0
1,«67,i81
1,031,731
810,875
f27
fOO
ail,200
....
Duliitli
Total
rrenoacweek.
.
.
OorT«M>'>iKwe«li,'77.
'76..
11!*,877
l,«i)3,lS7
125,711
83.874
81,961
l,i'it>.79t
»Sd,a9S
43l,fi8J
Tot Di'C.31toAi)r.t3.1,670,ni7 15.«I6,73I 19,117.7JJ
Same tlino 1877. .. .I,0a.\35ti 4,46,).«9J lt>.9i)3,9i8
1,397,1'W 9,:SI,318 l(i,8S6.lvt4
B»mo tlino 1870
I,10!i,l50 10,5i5,:i« 11,«17,S0J
aametimo IWS
59.10,>.012 51,!«7.3.<3
ioApr.
1.3.4,142.411
TotAaz.
8»metlmo 1S77. .. ..!,t<;y,IH8 :i3,e«.281 55,b5i.8;5
3,7(M,i91 49,5-3,0;^ S6,735.>10S
Swnetlme 1876
3,777,913 45,91)7,863 30,.-ii6,iOb
Same lime 1875
I
74,001
in. 245
.]ES,5^9
84.4iil
817,a«l
865,631
91,;53
113,457
%.t>81
84.1*6
17,903
5.451,n9ri 8,141.651
l,0;i,542
2,184,9-H
4.430.173 l,aB3,'.m
.3,78ii.lJ7
4,.^4-i.hU9
1,015,700
57:i,rn
3JW,IB8
3"ki,031
17.8««.«51 8,633,511 3,03;.5!7
14,771,919 -,11-;8,1<I2 i.l-l.sei
l«,-i01.nS ll,»71,59i; l,5li.i.(il8
10,375,2)0 5,193,179 1,063.651
aaiPMaNTS of flour ano OUAIN from western LJIKE AND
RIVBR PORTS KHOM DEC. Ul TO APRIL 13.
Floar,
bblK.
Tot.Dec.3Uo Apr.
8ame time
Same time
67,1)0
13
liiH
1871
Wh»at,
Corn
busb.
bash.
Oats,
8,SMtf-i) :3 681,651
«.8I1.m4I 9.599,3a4
5.221,152 11,810,082
4.5ia,75J 5.B26.5M)
l,07a.5H
1,M6.8;8
1,259,903
8ain9Umel875
RAII. SIIIP.MENTS OF FLOUR
Rye.
Barley,
bush.
hush.
a,515,i;68 1,211,516
&1I,9I9
2.364,8«
1,02.3,36-)
231.53.3
8,71i,40»
927.783
698,871
208.837
bnsli.
8,613,0i3
2i)!.074
AND GRAIN FROM WESTERN LAKE
AND RIVER PORTS.
Wheat.
Flour.
bills.
Week'endlns April
Weekending April
Weekeudlug April
Weekending April
1.3,
1S73.
15, 1876.. 96.407
17, ll<73.. 103,174
BBCBIPTB OF FLOUR
WEEK ENDED
89,125
99.651
.
14, ;817..
APR.
MewOrleane
bble.
70.803
21,753
2,600
17,428
14.180
17,205
6,020
Total
Previous week
156..3S9
16.5,403
Boeton
Portland
Kontreal
Philadelphia
Baltimore
Oats.
bush.
•490,8m
1,08J,5:«
1,14'J.523
361,139
Barley.
bush.
132,107
2(9,011
197,453
179,937
48,.5!>5
6S,4h8
59.350
89,037
Ryo,
bush.
46.S<»
19,764
11,724
4.500
ANO ORAIN AT 8BABOARD PORTS FOR THB
13, 1878, AND FROM DEC. 31 TO APR. 13.
Flonr,
At—
New York
3ai,6i3
507,517
373,463
Wnnii!,
bash.
Com,
bash.
bnsh.
739.99l)
755.990
84,'.00
9,700
831.5:15
121.475
53,830
1,800
....
3,600
7,500
4,500
1,970
71,300
807,100
1,758
1.0)1,613
1.317,132
....
Oats,
757,900
534,400
123,197
67.800
2i,000
44,335
2,407,528
2,7ai,76;j
Bariey,
bush.
Rye,
bnsh.
114,778
10,800
....
18,800
1,000
.'508,113
o5,400
131,573
324,102
279,648
78,6i]0
160.3M
50,700
19,970
139,930
117.400 1,972,.397
Oor. woek'T;
Dec. 21 lo April 13..1,40fi,3i7 18,606,073 83,715.3)1
4.024,0.33 1,855.816 1,054,302
Same time 1877
8»m« time 1876
8ametlmol87S
3,6i9,077
SH3,i^0
4,133,670 1,534,922
4,34S,£b2
854,534
1.861,2i3
2,500,076
2,369,050
1,611,739 20,738,168
5,69!,a82 18,958,748
5,563,866 15,7.33,610
305,144
79,ii91
54,680
The Visible Hupplt of Urain,
comprising the stocEs in
granary at tha principal points of accumulation at lake acci
seaboard ports, and in transit by rail, April 13, 187S, was as
follows
Wheat,
In store at New York
In store at Albany.
In store at Boffklo
In store at Chicago
lo store at Milwaukee
In store at Dnlnth
In store at Toledo
In store at Detroit
Instorc at Oswego*
In store at St. Louis
In Blorc at Uoetoii
In store at Toronto
In store at Montreal
In store at Philadelphia
In store «l Pwrlu.
In store at Indianapolis.
In store at Kan Wis City .
Instoreal liiltlmore
Sail shipments, wei'k
bo'h.
bnsh.
Date,
bosh.
Barley,
hush.
Eye,
bnsh.
1,870,801
3.200
641,8)3
41.7iO
866,051
857,273
76,900
51.899
106 375
82,303
l,906,i.71
1.30.470
4,583
66,468
S9o,&6!
144,500
73,513
479,463
404,131
S65,6ii5
67,8)1
537,721
110,585
485.003
828,518
300,u00
167,35)
2.905
507.870
S9i,896
103,0'i0
..
5,S91
21,^09
35.881
368.8S9
163,7.56
Lake shipments, week
Bst. afloat In New York
1,114,150
75,000
Total
April6,1878
Mar. 80. 1878
Har.23, 1878
6,188,281
7,871.568
7,752,809
7,563.449
8,051,078
8.211,013
8,643,268
8,861,621
Mar. 16, 1878
Mar. 9.1878
Mar. 9,1878
April
14,
1877
Com,
98,S0O
4,479
185.000
550,415
340,291
...
121,423
989,000
18t.785
200,705
88,109
1,576.438
490,263
791,545
60,000
8,310,.360
8,4J1,3S0
7.033,818
t,783,162
5,6)0,532
5,433,188
5,331,8)9
9,981,767
128,r00
41.780
13,000
48.871
164,?20
11,966
11,780
....
14,149
109,588
52,072
8,000
1,118
850.000
Si.Sif.
2.5,098
15,.3H0
8,879
141,134
45,377
3,846
rooms.
&GanB, large mannfacinrersof umbrellas,
suspend payment and makii an assignment
Messrs. Better
wore compelled
to
for the benefit of their creditors.
The liabilities of the firm are
estimated at $200,000, but the amount of assets has not transpired.
Domestic Cotton Goods— The exports of domestics from
this port, (or the week ended -April 16, reached 2,240 packages,
which were distributed as follows: 1,362 packages
to China,
387
57 to
Brazil, 40 to British North American Colonies.SB to Venezuela, 84
to Brilisb West Indies, 38 to Pcrto Klco, 83 to Hamburg, &e.
The main feature of the cotton goods market was a continued
to
IT.
8. of
Colombia, 203"
Groat Britain, 80
to
to H^yti,
movement in print cloths, large sale^ of which were
made at prices ranging from SJc, cash, to 3 5-lCc.,3# days, for 64x64
speculative
standards and extras and
were
cash, to 3c.,
3c.,
le.%s
per cent cash, for
1
maintained on leading makes of
brown and bleached cottons, denims, ducks, tickings and corset
jeans, and moderate quantities of these goods changed hands.
Cheviots and cottonades continued unsettled and outside makes
were lower in some cases. Carpet warps were more active, but
yarns and twines remained quiet. Piques were in fair request,
bat some lots were jobbed at very low figures. Prints were in
irregular demand, but the newest styles of fancies and low-priced
fancies and shirtings were disposed of to a fair aggregate.
Ginghams continued in active request, and cotton dress goods
were taken in moderate parcels.
Domestic Woolen Goods. The market for men's-wear
woolens continued in an unsatisfactory condition, and very low
pric-is were found necessary in order to stimulate the movement
of light-weight cassimeres and cotton-warp worsted coatings.
There was a slight improvement in the demand for cotton-warp
heavy cassimeres by the clothing trade, and satinets were taken a
little more freely by the same ciass of buyers
but transactions
lacked the spirit of former seasons at a like period.
All-wool
heavy cassimeres and worsteds have not yet been opened by the
leading agents, and operations in such fabrics were consequently
unimportant in amount. Beavers and fancy overcoatings were
less active than expected, and prices very low In some cases.
Kentucky jeans remained quiet, and there was very little doing
in flannels.
orsted dress fabrics were taken in small lots to a
fair aggregate for the renewal of assortments, but shawls continued sluggish.
Foreign Dry Goods have been quiet in first hands and
less active with jobbers.
Silks were however in fair demand,
and some large lines of dress silks were disposed of through the
auction rooms at about their market value. Dress goods ruled
quiet, and there was very little animation in either Unen or white
goods; but embroideries, laces and kid gloves were distributed in
considerable quantities and to fair advantage at public sale.
Novelties in millinery silks and ribbons were in moderately good
request, bat undesirable styles were forced to sale through the
auction rooms and realized very low prices. Men's-wear woolena
ruled quiet in private hands and also sold low when presented
58t003.
Pfi'ies
fairly
85.421
7,310
8,756
198
9,235
7i2
132.107
156,464
100,000
43,565
1,458
75,000
4f>.829
8,182,809
8.253.373
2.531,085
2,086,458
a,5:j9.35'i
2,676,624
8,655.811
3,845,788
2,336,713
8.2.58,413
2,366,551
2,588,-33
8.892,398
8,341.983
8,472,578
1,888,476
;
W
at auction.
We annex
prices ot a
174,588
640,016
513.308
695,379
a3;>.lM
631.633
31
-
21
Mont.liavens291u.
do
SO
Woodberrv and Ontario
ll.S.A. SUndard 83,Vln.
fl"i
25
24
S3
88
87
40ln.
90Z
lOoz
18 oz
150Z
Ontario Twls,86ln.
doS01n.(8oz.exql)
13
15
17
Ex twlt"l'oltacm'a"
Ufi
82
BaKS<
Amoskeag
7it5,15B
Atlantic
Caaco
Lewiston
concession from nominal holding rates. About 2,000 pieces o(
light-weight cotton- warp worsted coatings were peremptorily sold
at auction, and realized very low prices; and importers continued
domestic dry goods:
19
Greenwood'a (7oz.)
Ravens
Greenwood's (8oz.)
Ravens
Bear (Koz. 129 In..
do hravy (9oz.)...
Extra heavy bear.-
89
28
American
departments^ owing partly to the recurrence of Hebrew holidays,
which kept an influential class of buyers out of the market, and
the jobbing trade has subsided into a condition of comparative
Inastivily.
Values of the most staple fabrics were fairly maintained, but a disposition was manifested to close out certain
makes of both woolen and cotton goods of a faacy character at a
articles of
No. 10
Cotton sail twine
Light Duck—
Mills.
GW.I;96
Fbidat. p. M., April 19, 1878.
trade has been quiet the past week in nearly all
Dmid
Woodberry and
No-0
No.l
No.8
No.8
No,4
No.5
No.6
No.7
No.8
No.9
681,8ii4
THE DRY aOOOS TRADE.
few
Cotton Sail Dock.
1,144
•Katimated.
The package
their efforts to reduce their surploi stocks of silks, millloery
g"ods, rlbtions, laces, embroideries, &o., by resorting to theauctlon
—
Corn.
bush.
hush.
1W,756
399
Frankliuvillo..
Moniaup
19
19
19
23
21
21
Ontario
PowbatUnA..
B..
do
AM.
Beaver Cr,AA.
do
BB.
CC.
do
Colamb'n h'ybro
do XXX brn
do
Carlton
Kverett
17
IB
do
00
York
Warren AXA..
do BH....
do CC. ..
UH
IS
<
Pearl River..
.
m bnsh
IIX
16H
US
n
Gold Medal...
Haymaker....
Palmer
Coraet Jeans.
7J<
I
I
Naarakeac
Newmark-*
Kcarsarge, sat...
«
j
Pepperell, ble«..
dn brwuAblk
Laconla
9)i
1
Uockport
Amoskeae
8« llnd-Orch.Imp..
AndroscoK^n sat.
Canoe River
Clarendon
Hallowell Imp.
do
brown
9
I
av
1
liS
I
HamlltCii .......
8
1
....
do
sat
IMaachettw
8!4
8^
50
80
50
50
00
Thoradike A..
Uneaav'e UCA.
to
8X Lewiston
OtIsAXA
13
do BB
IIH do C
27
38
24
82
S8
A
do C 3 bnsb
Stark
It
14«
16
IS
23 00
87 50
33 50
SI 50
S6 00
C. 31
Denims.
MOO
PhllaA
do P.
do C
21 50
A
B
C
do
do
00
50
28 50
Amoskeag
do
Boston
Grani;er
50
50
50
60
do
Bttllolk
at..
aat.
..
W
tH
10
S
"
..
.
—
.
O
'
THE CHRONICLE.
400
•
Vol. XXVI.
I
Exports •>r Leading ilrttclos from Jiew York.
Importatlona ot Dry Goods.
The following table, compiled from Custom House ret nrns,
The importations o( dry goods at this port for the week ending shows the exports of leading articles from the portof New Tork
April 18, 1878, and for the corresponding weeks of 1877 and
1876, have been as follows
:
NTEBSD rOB CONSUKFTION FOB TBS WESE IHDINa
ArRIL 18, 1818.
-1877
^ 1878
Pkes.
Valne.
PkeB. Valoe.
187H
Pbgfl. Valne.
303
Jhnnfactuiee o( wool
(in,7:G
cotton.. 753
206,076
do
304.3S4
ellk
bvi
do
131,<t20
flax
50
do
11'2,T15
UlaceUaneone dry goode. 42)
,
.
,
—
Total..-
|;l-0,«8l
270,(184
651
387,905
2 0,6«
101,430
441
l,0i4
B30
37-J
t!4'i,886
782
690
232,699
456.700
187,338
839
2,030
!fi'ZiS^^'^'^~z^'--S'^'^^*d c^3t7Vodioe*
eo
-^
-v-*
r-^aO'-'
o aD«.'noQ*»'j3 £.^00 03 V»o pfff^ic'cs
eaeO
ta
OS
""
-
C4
',tS
^
n*
r-*
07,677
1
4,7S3 $1,I25,:^00
3,553 11,030,790
$?66,8Jl
2,613
to all the principal foreign countries since Jan. 1, 1878, the
totals for the last week, and also the totals since Jan. 1, 1878
and 1877. The last two lines show total values, including the
value of all other articles besides those mentioned in the table.
WrTHOBAWN FBOV WABSHOUBS AND THUUWM INTO THB HABKET DURINe TBI
SAME PEBIOS.
Mannfactaree of wool
cotton,
do
do
do
558
303
$2:5.680
96,955
141
493
3,549
1.35,617
.
.
eilk....
flax.
MlBCellaneonB dry goods.
111,131
60,994
$6:0
315
227
H0'),958
69,639
314
236
Ji.'7,445
102
84.164
2i9
339
10J.4il
62,i08
25,613
3«5
7.5,-i)8
866,851
1,2)8
3,666
S3(i7,854
1,060,790
Total thrown nponm'k't. 7,632 $1,487,413
4,794
$1,423,641
Total
5,014
2,618
Add eat'd f or coQBampt'D
5'i7
5r,%7
3.574
53,993
4,641
»39^822
4,76;J
1,125,310
H «o
.
-^» T*
-r.
_ >rin 00 .- — :S3
O o ** tC -. O t—
-* c- to
.— lO t-
wo — ost-w
o*»— CO
•W-fOiC-'O't-'Wt^ ^-
n G*
^
9,401 f2,53i,:2i
ENTBBBD FOB WABBHOUBIMfl DURINS BAMB FXBIOD.
Uanofactareeof wool...
do
do
do
J125.873
247
t6.S35
66,140
35,277
Bilk,
flax.
Miscallaneonedry goodB.
279
200
62
S58
1,511
$107,224
3-8
56,0TO
67,15J
75.9J9
24,990
153
'.0
$.353,812
989
#326,'85
S6«,8;l
3,536
1,030,790
entered «t the port. 5,067 $1,219,6G3
4.545
$1,387,173
Total
A.dd eat'd tor
ToUl
372
cotton
consompfL
3.449
2,618
$110,453
36,432
44,345
333
563
60529
1,448
4,763
$274,483
«4
f^f
<-( E?t
v
S I"
3.',7ai
S
1,125,300
0*
:S
:
1, 1378 and for the same period in 1877:
[Tde quantity is wiven ta p3CSa2;es wnen aot otherwise
Oocoa bags
3,059
11,130
62,871
6,656
1,818
3,072
18,933
5,S43
bags
400,514
.
Glass
GlasB plate
Battons
Ooal, tons
Ooff"ee,
Ootton, bales. ...
Drags, AcBark, Peruvian..
Blea. powders...
Cochineal
1,185
8,2i3
10,211
92,E6:(
6,110
2,578
2,16:
7,302
:SS
8,631
Same
Ume 1877
Swr-
.00
•
ta
j3
1,.395
Steel
Tin, boxes
Tinslahs.lbs...
Paper Stock
Sugar, hhds, tcs. A
SOS
.oj«-" "---*
818
2,838
1,23;
Wool, bales
3,275
Articles reported &v
772
:,53-.
l:.297
9 019
....
249
19.-.
Soda, bicarb....
Soda, sal
Soda ash
6,050
16,311
20.083
1,273
6,210
]S,58i
15,820
1,217
Oil, Olive
Opium
1,62.^
1,24.'
cloth
(31
1.623
bales
64,564
2,468
806
58,;6V
Gunny
Hair
Hemp,
Hides,
Ac-
Lemons
913
i^oods—
Cork
111
re at
Fustic
Logwood
Mahogany
^
r-
—
a
-
n»
Tt
^ J^
'
o
•
SaooDO »
•
i
-t-^
«5
to
-rH
57,532
18,151
66,903
83,786
30,825
8n,c8i
76.064
161,106
•147.456
9.241
257,794
21,375
124,674
10,510
151,009
9,5)4
OS
:
—
— to
-V*
S°o
S3?
<s
!««
.
,|
.
.
.
•
,
roO — c^Q .0
•
.
iS
:
ao
CO
_-
•
•
u
s
g S
:
•
•
:
i
:
S5
:
0»
05
.(O
461,«Ofl
4.043,269
76,634
W ^5i?_-r CO 90 CO
?«-.
G*
19l,0',6
78,0(3
623.126
271,018
(O
^ SiO^
133.613
56.606
4,0.)6,027
Ac—
790
66.769
17,743
257,996
809,232
Cassia
506
165
314,953
84,212
74.3,112
Raisins
Hides, undressed..
Rice
Ginger
Pepper
8,729
$
43J.0 9
13.909
210,9 9
135,66)
249.118
.
Oranges
Nuts
l.S9!l
18,6S3
$
Ac-
F.-uits,
:
16,793
.
Fancy goods
S0,E63
263
3i,-.63
20,528
29.261
Corks
1.40!l
Watches
19.916
36,411
9,052
Cigars
l^.O'*?
Molasses
67
valut-
466 Spices,
481
Hides, dressed..
India rubber
Ivory
Jewelry, Ac-
20O
Wines
Fish
:
0^'
•
Wines, Ac—
Champagne.bktf.
Gum, Arabic
Indigo
of
130,342
1,104,201
298,545
19,935
:..
13.402
Madder & Ext
96,565
687,801
379,262
17,670
Tobacco
Waste
3,009
093
223
222,476
11,632
236,850
2,774,680
E3,'W2
A bags.
Cream Tartar...
Qambier
1
178
3,319
610,669
13,955
278,876
4,2a5.»93
41,124
:
Tea
2,057
7,864
7,607
8,72i
C47
fry
'«'af>Off>'«oeo**a>.*9
<x>
so
Ac-
bxB
;
:
aSince
Lead, pigs
Spelter, TbB
^
••If
:£
:"
Jaa.1,'78
Hardware
b1)ls
591.761
:,013 Sugar,
^
Bpecified.l
Cutlery
China
Karthenware.
.6*
'k
•M
MetalB,
•o
;s
January
China, Glass and
s
'co
6,211 $1,399,783
Imports of Iieadtug Articles.
The following table, compiled from Cuatom House returns,
shows the foreign imports of leading articles at this port since
Same
Since
Jan. I,'7e timelS77
:
3
0>
:Ss \nn
ii
CO
'S
.
:
^
"
ol
•:
01
cS
:
:g
i
:
8
•
:8
:
rl
•
'to
S2
:
:
'(7)
5
S
Receipts or Domestic Produce.
The
for the
receipts of domestic produce since January
same period
of 1877,
Since
pkgs.
1,373
2,563
Breadbtoils—
bbls. 1,211.673
Flsur
bush. 12,802,456
Wheat
751,691
Com
"
Oats
"
"
Rye
Barley A malt
Grass seed. ..bags
bbls.
Beans
buhU.
Peas
Corn meal.. bbls.
Cotton
Hops
251.96,'
55,073
bales.
346,63>>
"
No.
1571
Hemp
Hides
Hides
6,600,931
1,853,272
819.114
1,689,116
107,9;25,286
bale?.
bales.
sides,
Leather
hhds.
MolasBes
Molasses
bbls.
Maval Stores-
Crude turp.. bbls.
Spirits lurp
"
Bosin
T«r..
"
"
6<,967
42,77c
SS,785
i,2Ji),n(
93',430
bbls.
7!3
cake
pkgs.
142,6Si3
921
80,185
bbls.
Peanuts
bags.
l,OS0
23,786
39,161
Provisions
Butter
pkgs.
Pitch
61.5,327
4,96i,6,9
l,8I5.6t,7
Cheese
9C4,30.S
Cutrneats
09,507
33,813
l:0,l5b
71,019
274,296
1,957
ee.isi
Eggs
Pork
Starch...
I,.302,250
Stearine..
22,5U0
1,167,410
250
65,78;
....bbls.
Sniar
Sugar
...hhds.
Tallow .. ...pk^s.
Tobacco.
Tobacco. .'.'ihhds.
Rice
4,aii
..
'*
"
"
kegs,
pkgs.
. .
640
13,335
Whiskey
Wool
74. :74
Dressed hogs.. No.
7,J.3'l
9,il0
...bbls.
bales.
215.893
175,013
481,616
lIll.Ml
110,821
24,503
353,56
10,030
9,763
116,733
8,5S6
360
9,371
26,6
41.'
'6
9."
22,110
65,976
13 O'JI
19,792
:S5J3
ill :S|
•go
K??
'
O
-gS
t»OcOOS5
<- "OrfS 1^ -*
i"
'<
ft
eooo
oTqo
.01 as (- —«
lis
CO—
'
;^
'^
to so
<o oi cifo
8S<=>
'^
156.514
Beef...
Lard...
Lard...
.
^i
Oil, lard
Oil
15.SJ5
»i,166
735
and
Since
Same
Jan. 1,'73 time 1877
Same
Jan. 1,'78 time 1877
Ashes
1878,
1,
have been as follows:
'T.iZ
277,930
65,5?8
316,313
171,009
76,il'>8
16,2,11
151,859
11,880
»
o
«*
B ^'
^*
eo'
a ei^ • «
(B
«*
>« >*
•««««*
»««««««• O «
«C
I3,4>)6
0^
104,183
6,416
87
11,250
23,687
65,3:«
9,69 i
28)
.5-..
1'1,J28
58,465
;«
ss
:;:::Sii;a
•
o
•&4
%h
«aS
S
B^ax"
SS 55 «
:„•<>_•
"-
:-!J^
S-0-jfi5 »fa5 o 5 " ;
:
:
' Et) »rs
os £« •*"
»
1
^t*
i\
-
a»
April
THE
20. 1876.]
UBMP AND JUl'K-
USBAIMrUri'S— B««lp«olklra»ort.
BUILUINU MATKKIALB-
• in
W) • » CO
UOU • 27
] 3U
;
I'lilUil.'IpliU
Un'Mi.uie
C>»i."i:
• ....
...
•100
• 69 UU
• iO 00
do ta.iy uottrdi, oom.toe ci.oftch.
• ;a
IMt.....
• M.lt. 81 00 • 40 00
i\ 00 • 88 UO
Ath.KOod
S3 0U el.'S 00
BUCK wolaut
4praco bo*rdB A itUukf, f*cb
# 27
\i •
Bnmlockbuards. eaob
17
VM.n.aoOO • 39 Ou
Maple
Jfaii>— '.Ud«U(i.rrm.ren.A ah.^i keg
a 1m
Cllncb.lu to 8ls.AIODKer
« 3S # Si)
SdHna...
• 4 33
Cntfcplket.allalzea
• 2 B^
'23
'.13
V
pira. Inol)
Sua
Ik
Lead. wo.. Amer.,uure dry
Sine, wli.,Amcr. dry. No. 1
5
CInc.wli.. Amer.,No.l,tiloll
I
7xS
^
6
•
a
•
m IW
170
Parltwhlte. E:-.k..fOld....» lOOB.
BOTTKK-(Wholeaalo rrlcei)—
Tubi.ga»>< (o choice State(iicw) flit.
"
Weai'n crt-amery g*d to ch. "
nrklni.state, t'rtopr.old, ... "
MTeUb tabi, State.com. topr. " "
•
23
28
28
9
a
•
'il
20
IS
21
21
OBBBSR-
atate factory. g'Jtocholrerew.Vk
Weatera tactory.g'ato prltneold.'*
U)ii
13
US
9
10
OUAL.Llvurpoolgar cannel
LtTernoolhoaai*n%nnel
ANTHRACITK— The foUowlOK
iaet
New-
1>.L.*W.
Auction.
Mch. 2;.
barjr.*
Hoboken.
.•
00a
tt
will
Bbow
8 50
^3 00
prlcos at
rat^it:
4H. F.*B.
Scbed.
* W.
L.
Bchcd.
Weehaw-
Port
John-t'n.
ken.
13 SO
«3 23
tk'n>b..t3.S
..•
.
auction or prc»ei't »cuedule
fei.n.
Belied,
t3K
....
....
:9>
3 5ll
8 3U «3 21
3 (9
3 It)
3 CO
...
3 to
73
....
3 90
S (5 «3 71H
3 90
.
..
3 li
OhSiat.. 8 .0
3 19 »3
* 50 cenla per ton additional for delivery at
Snta... 3:9
More... 8
3M
W
New
ord.car.WandKdaya.gld.Vk
do
Kola. "
do fair,
Kold. "
do
do good,
Kold. "
do prime, do
ROld.
JaTa, mau
(Cic "
NatlTeUeyion
"
gold.
Mexican
"
gold.
Jamaica
gold. "
Maracaibo
Laguayra
St. uotniDgo
KOid
gold.
gold.
eold.
JTTON— bee special report.
COPPKK—
...
...
ijy
16}^
20
15
17
•
23
17
e
UKS
!>
19^
l.ijj
13
a
&
"
Wii
'*
13
13
19
'
V •
BolM
Sbeathinx.new (OTerli 01;
u
«
....9
"
BaTanllla
Costa Rica
U
isxa
li
It
l»x
I6K
a
17>t
a
M
a
Bra«ler»'(oTor l«oi.)
American Ingot, Lake
17
28
28
W
a
17),
orKS-
Alam.lnmp.Am
V B
car.
gold,
Argols, crude
"
ArgolB.reilned
•'
Araenlc, powdered
8
Blearb. soda, Newcaaile.fi 100 » •
car
BIcbro. potash
» ko tt. ••
I
Bleaching [>owdi>r
BrlmstoDF. in 't & Snls.per ton.gold.21
Vtn,.car,
Brimstone. Am. roll
V
Camphor
"
«'i;al..gald.
rellned
Caatoroll,K.I.lnbond.
V 100 B
Caustic soda
"
Calorate potash
Cjchlneal, Honduras, surer...
Mexican
G eb'neai.
tartar, powdered
C«babs, Kaai India
Citch
Oream
•
"
'
"
a
s
«
3 S^
ma
SO
4u
03
3
90
3 70
IS CO
56
50
1
"
*•
car,
VluOft.gold
Sodaaab
Bngar of lead, white, prime, Vltcur.
Vitriol, bine, common
FKaiT-
per SO lb.
1
rail
Jo Loose,new
do Valdnela,new
Sirrants, new
a
a
i'H»
2« a
25 a
it 9
«Xa
9 a
22 a
tt%
S<k
5/4
129
lil
-
VB
l\t
....4
Jute
"
5X
4H*
B)«
UIOKS-
1
a
a
a
—a
S3
Corrlentes,
do....
do....
do,,..
do....
RIoUrandc,
Orinoco,
I
1-
7M
1
3 SO
18(10
A
9 39
12 90
a
/t
2J
22
<3
4 75
'22
OJ
20 0)
3 25
«
if
a
9
9
Ska
KHO
73
a
4
a
8 9
50 9
UHa
13
<
liX®
12K9
a
6 a
9 a
4 a
Sua
9
2 dO
13 00
3 37
165
2 01
7^
9)i
19
'X
17
i\
13
8 00
liH
13)t
14
9
7
8H9
4H
<i
IS
9
9
9
M a
to
8
6
I'l
4H
10
26
19
13
u
9
21
a
so
19
20
....9
**
18
"
H
--
*'
"
Callforaia,
Uatanioras.
do ..
iret.faUed— lluen. Ay, selected
Para,
do....
California,
do....
..a
17H
-
19
9
n 9
It
**
"
19V.
IB
•
7
a
9
a
13
10
_
11
a
los
"
"
Texas,
do
cnr.
A. /.sioct— Cat. klps.slaught. gold
**
Calonttaklps.deadgreen...
9><.
a
7H
9
10
i%a
Caleatta, bnffalo
HOPS—
»)«
1
9
«
»
9
9
i
•«
42
30
a
New
Yorks. com. to med..
do
good to prime .
Ra«tern
Wisconsin
Old
Yearlings
6
9
9
9
Para.llne
Para, coarse
Ksmuralda, pr>!fesed, strip..
OnHyiqutl, p-esaed, strip..
42X
33
....&
31
84
32
9
m
,
Pig. American, No. 1
Pig, Aoiencan, 2,0.2
Pig. American, Forge
Pig, Scotcn
V
ton.
a
a
IS PO
19 TO
1^ CO
17 PO
'.'6
10
Priceit,
17 uo
16 110
23 50
9
btore
Bar.Swedes .ordlnaryslies.V ton.iau
00
....Vib.
floor., Xl.No.'22tol*:Xx!3ft!4 "
E-lce
Scroll
2
goidvn
American
tr'>D]e,com.
;4 ton, cur. 8S
Steel rails, America 1....
49
%I3'2 50
5
2 J-10
59
wnm
S)^^
9 36
PO 9 41
(X)
11
4
PO
00
LBADOrdlnary foreign
Domestic, rr.mmon
Bar (discount, 10 p.
"
"
Sheet
*
gold
100 lbs,
3THS
6
C 40
4 IP
cur. 3 50 9
B.
....a
c.)
{1
5h
es
9
-.-
LKATHKR-
UemIock,Baen, A'reB,h.,m.AI.VB.
"
California, h,, m. A
common lilde.h., m. Al....
e
«
a
1
"
rough
Slaughter crop
Oak. rough
Texas. crop
2;
21
21
9
9
25
27
w
Cuba, clayed
Cuba, Mn8.,refln.gr*d9,50( est.
do
do grocery grai'es.
Barbadoes
Demerara
Porto Rico
N. O., com. to prime
"
"
S5S9
**
33
»
..
Komlnal.
Nominal.
'*
"
"
9
32
23
f.0
9
45
NAVAL, STORKS—
V
Tar, Washington
Tar, Wilmington
bbl
"
"
2
2
12XJ
lass
2
a
a
a
a
a
Pitch, city..
200
Spirits turpentine
3<JS<3
V gal.
ROBln, strained to Kood strd.V bbl. I S3
•'
1 8j
low No. 1 to good it'o. 1 "
a
••
1 6!)
low No. 2 to good Ko 2 •*
••
low pale to extra p \!c.. *
2 so
*•
'•
window glass
9 to
NUTS-
V
Alinnnds, Tordan shelled
2
4
4 29
9 50
4«
10
IIX
II
.V fti.
*
"
"
12
lOX
9
a
a
33
10
99
36
60(0
51
1
••
1
9
9
•*
I
14
4j
1
"
10
13
(0
!8
90
61
IPS
**
12H
31
9k9
@
4S®
8X»
Flli.erts, Sicily
Walnats, Naples
Pecan
.'9
9
9
30
lb,
Brazil
Cotton seed, crnde
Olive, in casks V gall
Linseed, caHks and bbls
Menhaden. CI nde Sound
Neatstoot, Nu. toextta
Whale, bleached winter
Whale, crude Northern
Sperm , crude
Sperm, bleached winter
Lard oil, Noe. 1 and 2
92
03
1 17
33
CAKB-
a
a
Clty. thin obIcng,baRs, nold. V ton. 33 00
Western, thin oblong (Uom.) car " 30 00
bulk
Keflned
Naph'ha.Clty,
Vbbl.
"
Pork, mess, spot...,
Pork, extra primt, new
Pork, prime mesp. West
3ucl, family mess
Beef, extra mes^, lew
Beef nams,We«tfru
Bacon, City long clear
••
"
"
BICE-
VB.
Carollns. fair to prime
Lonlslana. lair to prime
Patiia,
In
"
"
bond
"
duty paid
SALT-
_w_v
V buh.
Vuek.
Turk's Island
St. Martin
LI varnuoi.Ath ton's Una
8ALTPKTRKRenned,pure
Crnde
Nitrate soda
exs
VB
par 100 Ib.gold
"
"
-...
17 CO
ITsuAl reel
Bereeled Cotngoaa
9
V »,|0ld
Pepper, Batayla..._
dinaapore
ao
white
do
Uasslu, China LIgnea
itatavia
do
Ginger, African
do Calcatta
....
to
....
SO
1
OQ
.,,,
t 00
t3X
ft
,„.a
Mace
Nutmegs, BatHvlaandPenang
Pimento, Jamaica
tt
V
gal!.
••
"
••
"
"
Vgall.
•
WMntt.T
(Cal.) dellv. In
"
N.y....
American blister
American cast, Tool
American CHSt spring
American >aachlnery
American thermae spring
snoARloferlor to
8 73
tO
I SO
4
800
8 60
8 60
common ;*efinlrg...,V
nH
tt
14
9
9
9
*
9
9
17
00
8 OO
4 Ok
8JB
4 00
8 10
a
»
2 04
<»
3 90
....
«or« fitce*.
li
14X»
i%
6X9
9
a
14
9X9
lOM
HH
10X9
9
t
It
9
a
a
B.
"
prime
9
10
....
*\
7x
7x
7K
7X
7X
8!i
6U
72
7X
7X
i%
6X3
....«
3»
"
Prime
fair to
tJK
«
9
06
3 08
"
.
|
9V
to
...9
reflnlBg
refli
-j^
20
....
1
car
F'lr
Porto Ulco.
^
9
9
9
9
9
9
gold—.—
.
Brandy, foreign brands
proof
St. Croix, 3d proof
6ln
Whiskey, Bcot-h
Irish
do
Domtntic Uquora
Alcohol
Good
121^
.'o*
SO
Cloves
do itema
Brandy
a
;..9
is
....a
7X9
7X9
7X9
'•
lioxes.c'ayed, Nob. 1(1(312
Ceitiifugal, Nob. 7@I3
"
Melado
"
Manila, sup. Hni ex. sop
Batavla. Nos l'@12
Brazil. Nob. 9®U
"
6
"
7X9
6Sa
9X'it
tsz
9X9
....
9Xft
10
"
3
"
"
i?-/f«M~Hard,cru6hed
liard.powdered
do granulated
do cutloaf
"
••
"
**
Coffee, A, standard.
off A
do
WhlteextraC
9
"
'
KxtraCno
••
••
Yellow C
"
OtherY'ellow
MolasECB sugars
"
•*
Out-of-town
7>,a
(5(9
7X
'
do Choicest
Imperial. Com. to lair
Sun. to line
i.u
KxlrafinetoAnest
do
Hysou Skin. A Twan..com. to fair.
do
Sup. to fine
do
do
ttx finetoflnest
do
UocoIoredJapan,Com.to tair
00
Sup'rtoflnc
Bi. finetoflnest
do
Oolong, Common to lalr,«««
do Superior tofine
do Ex finetoflnest
do Choicest
Sonc.A Cong. .Com. to fair
Sup'rtoOne
do
Rt
^n
do
fine to finest
Choicest
TIN—
__
goId.VB
•)%
,...9
....
20
23
49
75
21
S3
50
80
22
SO
43
17
'.9
a
a
a
<6
SS
4S
'.5
(^
9
9
<»
9
9
9
a
9
9
9
a
a
3S
55
90
3U
4S
60
95
27
40
5S
18
!0
Nominal.
9
9
a
9
a
e
9
21 9
80 9
45 <•
W »
20
28
SS
24
SO
42
60
,^
Banca
7]{
Nominal.
to fair
Snp.toAae
do
do Ex. fine to finest
8
»
21
2S
83
Choicest
do
Bunpowder.Oom
^
nt
SX
ii
82
TEA—
tiyaon.Commoa to fair
cnr.VB
do Superior to fine
do Extra One to Snest
Choicest
do
Young Hyson, Con.. to fair
Super. to fine
do
Ex. Bneto finest
do
a
®
8X4
8X»
8Xa
Tx*
VB
..
'25
85
tO
it
38
50
<9
2o
40
99
'*
,,„
HX
«
•'
WXe 14X
"
. »»
. i;--*
Vbxgd.SM
9 ?»
Straits
English, refined
Plates. I.e., coke
Plates.char.terne
"
» 73
9
9
9
9
a
«
_^
*»
TOBACCO-,
^
Kentncky lags, hesw.....
leaf,
'
....
Eng.wrappersTS-'7t
Seed leaf- New
do
flilorf, TS-'lt
9
t
.
Havana, com. to fine
Manafac'd,ln bond, black work
••
bright
''rmerTca-;
American,
Ni.B.
11
work
14
VB
Xt
1
A
IIX
t 73
8 t2X
W
ITBtp
9 50
5 23
9 SO
....
rexaB,fine,Eaatem..
Texas, maillaro.Kaatam
Wheat. biUK A baza..
B.A«
...vtca.
..'....Vbbl
9
.,;•••
to a
X
..
i,80
\*—
JXJ...,
9 9
g
H
«
^a-rBall.—
25
«
•
•
•
•
•
a
2
"
2S
low-
Saiyrna.nnwaahed
V».
CoVon
... V bbl.
Vlour
EM^iooVliV.V-on.
Corn,bnkAbg..Vbn.
9
9
50
**
!'
-•••.
Barry
Bjutb Ara.Merlnc. nnwaabed
A..,.
«* •
J
II
9
y a<a
J!
Inferior
.
10
88
7
•«
*•
f4(»
!0
2
Ainerlcan, Combing
Bxtra, Polled
No. I, Pulled
California. Spring Clip—
Baperlor, uawasbed
KKEIQHTS-
,^^
BXf
SX9
10 9
( A
»
73
'5
Pa. assorted lot?. '7S-16
Tarn, la'd lints, aasorled
Cape Good Hope, anwaahed
:8
w W
IPX*
t 23
3 90
9 2S
,..,....,..... ...
6X
IX
3X
290 8..-.
S :S
3 DO
Tavaaama
Ue-reelcd Tsallees
S7X
1-co
5X3
6 9
3XA
27
80
0(1
17 ^a
Vl 2)
16 5U
a
.
»
1
8PIC1CS-
....
«
SILKUsnal reel Tsatlcsa
10
8
9
a
9
9
...
.
ax
a
9 75
V B
**
Hams, smoked
UH
ux
....SI
12 00
It i;0
"
Lard, City steam
Rangoon,
uya
"
"
bbU
6x
-...a
*',?"''
PttOVlBlOKS—
t
VIH
1
J
..
30 90
PKTKOLKIIMIn
1
!WB.gold. 5g7X»
car. 5 87H7
common
Domestic,
Prlmeclty
gal.
7K
75
4U
I
8PKLTKK-
T ALLOW
UOLASSEE—
Crnde,
Cases
foreign
,
Klaxsefd, Ainerlcan, rough
Linseed, Calcnta
V5aB. gn|(.
Linseed itombay
V Ct B g)l'J
Knglleh,cast,2dAlBlqsality VBgold
EnKllsh.snrlnK,2d A 1st quality.. "
Engllsli blister. 2dAlstquallty.. "
'
English m«chlnery
KngHsli German. 2d A iBt quality **
s
IROft--
OIL
Hemp,
as
W 9
9
9
t9 S
9
15 9
^
,„
8TKK1
Panama strip
A
W
t
I
Canary, Slilly
Canary, Duich
Kum— Jam., tth
....S
Cartbapena, pressed
NIcarpgua, ti&eet
NlcaraicUH, scrap
Mexican, sheet
Honduras, sheet
Rails,
ugata.
SPIRITS—
@
7X«
7)29
V
—
INDIA RUDBKR-
I
>
7
V B.
Ulorer, New York State
Timothy
Canary, Smyrna
{'"rolKn
ZM-v— Uuenoa Ayres,selected.VBKeld
"
Montevideo,
do.*..
OILS—
'i
Oil
••
27
'H
5M
»'273
270 00
Sisal
OAKUM—Navy ,U.S. Navy A best VB.
29
21
9213 00
9189 00
9210 00
179 30
130 00
"
....
I
iH9
wet...
SS
!7
23
Wbortieberrlea
a
12S
s*)
'.3
1 !5
!i
Tiatos
mixed and new
a I
g n
a
a
« a »
a IT
a 90
tron,ncw
IUai>i>eirlcs
i'-H
a
50
Fronea, Turkish (new)
do
French
MaonronI, ItHllsn
V lb
Domtxttc Dried—
Apple-, Sjulhern. sliced
V »
do
quart-rs
do
d)
State, sliced, new
do
do quartets, now
reache>,pared,<irg'dioch'ce new)
do
nnpare:. naWe^ and qr4. .
Blaevoerries. ba^t aid bbls. (new).
'2?
j5
90
'<3
I
Flgs,Wypr
Canton (iinge'.wh A hf.pota.V case.
«ardlne>, f h»lf box
SaraUe'. fi quarter box
..
1
3 71
'*
Or'dllk.% '}eorge'Brnew)cod.VqtL
pr.bbl.
Haokerel, No. l,s<. shore
Mackerel. No. 1. Day
Mackerel, N0.2 Hasa.Bbore
Kackcrel, No.2,'iiay
2w
IIX
l\a
a
**
bond), gold.
Proaslate potash, yellow. Am. cnr.
gold.
Qcilcksllver
car
unlnlne
Kaabarb, China, good to pr.... "
Sal soda, Newcastle. VIlUB, iTOld
8bell Lac, 2d A 1st English. VI. car.
....(In
ate....
6
9
txa
Ska
<XS
Oil vltrioUft6 Brimstone)
pjums.B
^3
2sy8
Midder.Datcl
Madder, Krench. B.X.F.F
Natgalls, blue Aleppo
Cberrle*. nry
22X9
'i'Xi
Qtmbler
.
19
"
gold.
...cut.
"
OlTcerlne, American pure
"
Jalap
"
Lleorlee paste, Calabria
"
Lleorlce paste. BIclly
Licorice paste, Spanish, solid., .gold
B*Ulis,9««aieai
Layer, new
a
.e-vT,
etnseng
Opiam, Turkey
Ijft
17
•9
fold.KSW
Manila
Sheet.Blngle.donble
Ulo,
DBOtiS a
to
Vton.
Amarlcan drnsaed
AinerloaL uDdreaaed
Kusala,ol6an
Slu'et, ituksia
York.
UUIrirjtK—
e
»
1)0
DO
V bbl.
BO
Lii/m-iC'.Klanil, common. ...V bbl.
liorkUMit. ilul-hloK
iHiHlitr-finf.g'ilo ex.dry V M It. «0 00
1(90
Piur,llilK|>l.x lioi
/alnu— LJ, wh.An.
lOU
Italian
U
Arlct*— Coumian uar(l,alla*t..V
Oroton
<y
*H»
V >.
BKRbB-
Olovar,WMtam
*
Morth ItlTerailDP'u:
ASHKR-
401
nodar Cotton.
IIAT-
OUHkKNT
fol.eitticit
hroni(;le.
(
UUN NIKS.—Sea r <pori
UKNIiltAI.
FttlCES
..
CIX
'
'5
IB
«0
«
«
«
»
»
S
**
!
U
w
«"
m
S
•{
f»
n m i»
-—-SAIU--,
,.'*^*»-
28
....
WO «
a «0
IJ*
tx«
'i'^
....a
....
••••
•
tjf
.
THE CHRONICLE
402
Insurance.
Commercial Cards.
&
Russell
)
MURRAY
J.
SO
North
Co.,
POMEROY
W.
S.
Water
105
Hong Kong &
JB.,
St.,
AT
AN TIC
L
8.
Shanghai
E;>TABI.ISUED
Mutual
W. POMEROY
Jp., 105
Watee
St.,
Parker,
Charles E.
COMMISSION MERCHANT,
BOSTON.
14 Exchange Pla-^e,
Post Office Box
&
Olyphant
COMMISSION
.\
2.634.
Co.,
ERCHANTS,
CO., of China,
New
St.,
&
John Dwight
York.
Co.,
MANUFACTURERS OP
SUPE K-C ARBOK ATE
Tork.
Ao KaTd roK
%VaBlitu!fi<>ii .feiiiK, <'t>it'Upoe
.fit's;
Co.,
toil .Mills,
Saraio^ia Vlctor.>
AND
From VarlouB
WniTtt
^il;^ <«;*.
"ratver*
Mills.
STrtltrfi,
Ifi
n(>STON,
CtlAUKOJV
George A. Clark
.
THE
Not a Trip Missed
STONINGTON and
wlse
Real Estate and claims due the Company, estimated at
1,163,200 00
Premium Notus and
Cash in Bank
1,764,393 63
5
&
ISLAND.
North River, f09t of
STEAMBOAT EXPRESS TItAIN WILL
LINE.
FREIGHT ONLY FOR
Providence, Worcester, Nashua and
all Points North.
<c f> IW
u
I irm.
.
Steamers leave.
North River (toot of
Dally from I'ler 29
.^y,,/ren street.)
Freight taken via either lino at lowest rates.
D. s. HABUOCK, President.
L. W. FILKINS, General Passenger Agent.
certificates of the issue of 1874
be redet-med and paid to the holders thereof,
or their legal representatives, on and after Tues-
Bro.,
Atlas Mail Line.
will
interest thereon will cease.
lU-MONTHLY 8KKVICK TO JAMAICA, llAYTl
CC tLOMKl.V and A8PIN WALL, and to PANAMA and
SilUTH PArlFlC PORTS (via Asplmwall.)
Fiisi-ciftas, fuU-poweied, Iron screw steamers, from
all
The certificates to be
payment and canceled
produced at the time of
Upon certificates which were Issued for gold premiums, tlie payment of interest and redemption
will be in gold.
A Dividend
fler
No. 11. North River.
For Kingston (Jam.) and Haytl.
AprI125|ETNA
ATLAS
for the year ending 31st December,
7th of
Hni.ix .^»<-k;»i.ks.
BROADWAY, NEW YORK.
Mll,^v.»ttl)*^
May
By
on and
Pacific Ports
AILSA
(
A»i'ii.».f
I-
Aprlisnl
Superior
PIM,
foi which
Tuesday, the
;,
May 15
CLAR1B14L
flrst-clBas passenfrer
18'17,
after
}''^?^
ii
For Haytl, Colombia, Isthmus of Panama and South
of Forty per Cent, is de.
premiums of the Company
certificates will be issued
accouimodatlon.
CO., Agents,
No. 51) Wall troet.
FOKWOOD &
ONLY
next.
Direct Line to France.
order of the Board,
J.
H. CHAPKIAN, Secretary.
The
Turner
tteuciral
Trans-Atlantic Company's
Mail Steainsliips,
BETWEEN
&
Co.,
Manufacturers and Dealers
TRUSTEES:
kinds of
all
COTTON CANVAS, FKLTING DUCK, CAK COVEK
IHG, BAGGING, HAVENS DUCK, SAIL TWINES
*C. " ONTARIO SEAMLESS BAGS,
'
AWNJNO
STRIPKS.
REV/
CalllUK at Ply-mouth for the landluK of Passengers.
'
Also, AKeuta
United States Bnntlng Company.
A full supply all Widths and Colors alwayg in EtocU,
No. ion nnanp Str<>«t.
J. D. Jones,
Charles Dennis,
H. H. Moore,
Churles H. Russell,
David Lane,
Daniel S. Miller,
Royal Phelps,
Lewis Curtis,
James Low,
Gordon W. Burnham,
William Sturgis,
William E. Dodge,
Thomas F. Yonngs,
C. A. Ilanl,
John D. Hewlett,
VV.
Josiah O. Low,
William H. Webb,
Francis Skiddy,
Adolph Lemoyne,
Charles H. Marshall,
John
William Bryce,
Peter V. King,
Horace K. Tbgiber.
liam H. Fogg,
Thomas B. Coddington,
JOSEPH GILLOTT'S
STEEL PENS.
Soldly alldealert throughout the World.
J.
D.
JONES,
.
cabin, »35
;
. .
steerage, »2I>-Includlng wine, bedding and
To Plymouth, London or any railway
station Id
England-First cabin, »90 to $100, according to accomSiBdatlon; second cabin, »'5; third cabin, $35, steerage, $27, Includinf everything as above.
Return tickets at very reduced rates, available
through England and Franco.
For passage and freight apply to
Charles P. Burdett,
James G. DeForest,
Wi
Wed May 1, 4:30 P. M.
VILLE DE P N RIS, EantelU
Wed., Mny 8, 10 A. M.
ST. LAl'RKNT, Lachesuez
Wed.. May 14. l P. M.
LAliWADO -.sangller
PRICE OF PASSAGE IN GOLD (Including wine):
cabin, « 5; tnird
«I00;
second
cabin,
First
Havre—
To
Alexander V. Blake,
Robert B. Mmtum,
George W. Lane,
Robert L. Stuart,
Frederick Chauncey,
Horace Gray,
Elliott,
YORK AND HAVRE.
The splendid vessels on this favorite route, for the
Continent—cabins provided with electric bells—will
sail from Pier No. 42 North Klvcr. foot of Morion St.,
In
COTTONSAILDUCK
'
33,
srreet.
PROVBOEXCE
be paid to the holders
on and after
Tuesday, the 5th of February next.
will
representatives,
legiil
Jay
hotel ticket-ofllces.
$11,366,351 66
thereof, or their
KHOME
Dally from Pier
*
the outstanding
certificaies of profits
7 Consecutive Years.
LKAVE SIONINUTON AT •1:30 1. M.
State-rooms and tickets secured at363 Broadway and
at all otlices of Westcott Express Company In New
York City and I'.rooklyn. Also tickets for sale at all
255,36102
Total amount of Asseti
M
t'
Hereafter the
617,436 01
_.
in
THE ELEGANT STEAMERS
Bank and other
Bills Receivable.
RELIABIiE
OI.D
Stonington Line
BOSTON,
FOIt
AND ALL POINTS EAST.
. .
Glared on the net earned
And
BLADGKN,
Steaiii»iliip§.
Hor upon Firo disconnected
with Marine Risks.
Pri miums marked oil from Ist January, 1877, to 3l8t December, 1877.
$4,902,331 08
Losses paid daiing the
same period
$2,565,890 37
Returns of Premiums and
Expenses... f947,«83 86
day, the 6th of Febru.iry next, from which date
BrinckerhoIT,
P.
The outstanding
.-.1.
PIIILAD'-.LPlllA.
W. L^AYT'iv. -^H. rilKfl'^l'T dTIKSKT.
41)0
SAM.
WHITE,
No Policies have been issued upon Life
Six per cent. Interest on
lii.'k'llitiitoti i^'oikleii <;«>.,
Kllertoii Nctv Tiii!.-,
NKW YORK.
E.
Managkus.
stocks. $10,566,958 00
Loans, secured by Stocks and oiher-
Su]>ijlied.
Honlerr. ^Iil't" nnfl
4,618,6-JO 70
.
1'
the following Assets, viz.:
United States and State of New York
E.R.Miidge,Sawyer&Co
< <>
2,517,^28 04
.
Fire Asspts held in the U. S... $1,767, 276 53
The above does not Include the Life and Annuity
Funds, which, by act of ParlUinient, are In a distinct
and separate department, for which the surplus and
ire .Insurance Department, named
reserve of the
above, are not liable.
from Ist January, 1877, to 3l8t December, 1877
$4,710,665 83
Premiums on Policies not marked oil
Ist January, 1877
2,040,362 61
Stock, City,
SODA.
New
Allaiiitc
:
The Company has
OF
No. It Old >Up,
The Jobbing Tjaile ONLY
$l,3ii3,636 36
Rislis,
REPRESEHTED BY
104 IVall
The Trustees, in conformity to the Charter of the
Company, submit tlie following Statement of Its
affairs on the 3l8t December, 1877
Premiums received on Marine Kisl^s
Total amount of Marine Premiums. $6,751,028 44
^hanghal, Foochoir and
Canton, China.
OLYPH.INT &
S8, 1878.
CHAS.
Kong Kong,
1866.
in-
Invested and Cash FireAsfet8.$8, 500,185 10
Subscribed Capital, for which the
Stockholders are personally liable, not yet c lletl in
....
$9,545,054 64
Reserve fur lotal Liabiliiies, including re-insurance, iu the U.S.
$780,518 04
Net surplus in the United States.
!lS6,753 49
K. Y.
York, January
DECEMBER,
in ai.d paid up Ca^jital
Reserve for all other liabilities,
cluding re-insurance
Net Fire Surplus and Reserve.
Hong Kong.
Office,
1809.
IN
Calld
Co.
Insurance
New
J
iNCORTORATED
UNITED STATES BRANCH:
54 William St., Cor. Piue, New York.
Represented by
«
dl 45
OF
L,OXDO.\ AlVD EDI!VB<JRGH.
S Y
Banking Corporation,
and Mer-
British
cantile Ins. Co.,
OBOTCB OF THE
Repres-ented by
FORBES, [
Centeal Stbket. )
Head
Insurance.
merchants
c OOT raissior*
AND SHIP AGENTS.
Bong Kong, rantou, Amoy, Foocliow.
Shanghai and Hankow, Clilna.
Boston Aeency,
[Vol XXVI
IiOUIS DEBEBIAN,
Agent, 55 Br oadway.
Charles D. Leverich,
Edmund W.
Corlies,
McAlister
NASHVILLH, TKNNKS8KB.
Special attention given to Spinners' orders.
Vice-President.
H. H. MOORK, 2d Vice-Ptesideat.
A. A. BAV£M, 3d Vioe-Presldent.
Wheless,
COMMISSION MERCHANTS,
President.
CHARLES DENNIS,
&
COTTON
W.
I
Corr»
*5SFrEESc"«"-Tnlrd and Fourth N.Uo.l Dank
nd Pronrljtors of Taa Ck«o»ioiji.
.
AnuL
20.
THE CHRONICLE.
1878.]
IHiitcollaneous.
Pnblioattoaa.
English Cannel,
Liverpool
Orrell,
American
Now
ki'C
lamliiiK
and
D.
8
1
-r
8
A YEAR BOOK
ANTHHACITE COALS,
eiippliod.
ALFRED PARinBLE,
.
Retrospect of 1877.^
United States
I>'mbrella« and Paraaols
New York City— Bank
Fnlton Mrect,
30
ISO
l«l
1188
New Orleans,
to order
<fc
repaired.
near Pearl Street.
Uroudnay,
near
'l-:!!!
Bank FIgnres and
United
sticct.
Banlr Returns.
for the
States
— Foreign
Commerce,
'W.
Influences In
THE IMAGE OF HEE MOTHER.
A NOVEL
urn urn
rvs
New
Savannah Weekly News
of Batnrday, Sftth April, will bo commenced a new
Mrial iiory with the above title, written by a lady of
SaTannab.
The WKEKI-y NEWS Is the
Sll-rer-
purchase or sale of future shipments or 'ieilvtrn
LARGEST AX» BEST WEEKLY
THE SOUTH.
IN
ItlBacmpletonewspapur, and contains the latest
Telegraphic aua Sla c News. ,Mar,et8, etc an flm-l-
afforded by our frienus, Messrs. D.
Stone street.
Movement, &c.,
Prices of Gold in
New
in
SJN,G4 Baronne
E.
of Quoting.
The
most
W
«tonr. Prof. Iflax niul
ler, Pror. 'i yndall. Dr.
'.T. v., I arpeiiter, K. A.
I'roctor. Prof. Uuxley,
JTas. A. Fronde, Edw.
Frrenaan
PowerCobbe.TlieDnke
(Urs
innlocli, AVlillam
Black, Jean Ingeloiv, ITIIas Tliackeray, Air*. Ollphant, ITIro. Alexander,
:f>attlievT
Arnold,
Wr. \*. Story, Tnrgiionler, Auorb-ch,
Knokin, Carlyle, Tennyavn, Brownlug, and many others arc represented in the
pages of
Littell's Living Age.
ian.
1,
1878,
Thb LiviKO A6K
enters npon
Its
Itetb
lame. Daring the yearltwlll fumMh to its rea'.the productions of the foremost authors
above
i:.meo, and many others
embracing the cholcps"
-
:
Berlal
anu snort
siori. s
by
LEADING FOREIGN NOVELISTS,
inA an amount
Unapproached by any other Periodical
'""I'"- flSCOVKl:.
AN^>®I.'lWT w^s^"'"*'
§?lntwledg"Sj/'j?bSrSr°'"""' ""^'^ "epanment
^thti"'** ^*" " * ""*'" "K^'^'M WVing
THHUE AND A QtJAHTER THOUSAND
,ii l"!" y^r-J""'! postpaid:
trnal.
A'idress
LITTELL
of,
foFww,
Stock Speculation in
New
&
Co.,
MOOI^T A JEMISON),
Waldron
&
Tainter,
NOURSE & BROOKS),
GENERAL COTTON mERCHANTS,
York.
Table Showing the Interest Cost of Carrying
NEW
97 PEARL STREET.
Future orders promptly executed.
Stocks.
Hopkins, Dwight
United States Debt and Secnrltles—
Debt of the United States; Terms of Payment,
ic.
YORK.
& Co.,
COTTON FACTORS & COMMISSION MERCHANTS
No. 134 Pearl Street,
New
York.
Prices of U. S. Bonds, 1860 to 1877.
State Debts
Sawyer, Wallace
and Securities-
State Debts and
&
Co.,
Immunity from Prosecution.
OTTON FACTORS Jt COMMISSION MKK' .ANTS
Prices of State Securities. 1860-1877.
Railroads and their Securities-
47 Broad Street,
Railroads of the United States.
Railroad Earnings.
English Railroad Laws.
E. O.
Prices of Railroad Bonds, 1872-1877.
Prices of Railroad Stocks, 1860-1877.
eItos a
complete cihibit of State, City and Railroad
Secniltles, Is furnished dating the year only
to regular subscribers of the
RICHARDS)
Shipping and Commlsalon nicrchaMt
No. 39 BROAD STREET, NEW VOUK.
The
Investors' SupplementThe Investobs' Supi-lekbnt which
New York.
Richards,
(Successor to A. L.
D.
W. Lamkin &
Co.,
Cotton Factors,
Chrohicle, and
no single copies are sold. One number of the
SuppLKHENT, however, Is bound up In the
VICKSBl'RG, miss.
FI.NANCIAL RETiitw, enabling partirs to pur
chase a sioglo copy in this form.
Orders to Fnrchase Cotton In our market solicited
Refer to Maun. THOMAS J. SLAUOHTER, New
York.
Price in Cloth
"
To Subscribers
Ss
$2 00
of the Coxseboiai,
FliXANCIAL CHBOHIOLE
WILLIAM
B.
DANA
1
)
,
««
* *"'
A; CO.,
PUBLISHEES,
7B
Sc
GAY, Ronton .1 5 AUSTIN
FRIARS, OLD UROAD
H.
215
J.
Baker
&
Bro.,
PEARL STREET, NEW YOKK,
IM1>0BTERS AND MANUFACTCTtKRS OF
Prime QnaUtr Chemical naaarcs.
Chemicals for the VlUe f ormuloa, for aU Oropt
Chemicals for the Stockbrtdgo formulas.
81 AVllllam Street, N. Y.
HENRY HERBERT,
as.
Jemison
(Successors to
ml
donble-colnmn octavo pages of reading matter
yearly
"""'
"l »* Wa year.n-««o/ poMaae'°,7fi' S'"",'-^
"O""''''"
(or tiarpa-f Weekly or itajor)
,*,'
S.
in a Scries of Years.
Securities Purchased at different prices.
Frances
or Argyll,
Oeorse naoDonald,
Money
Orleans.
Advances made on Consignments
Future Contracu for Cotton bought and sold on Commission, la
New YorK and Liverpool.
Table Showing the Rate Per Cent realized on
emlneut
llvliis aiitboris, such as
Rt. Hon.
E. Glad-
4.
Interest Table,
New
Showing Accumu-
City.
lations of
Co., *1
New
Investments of Financial Corporations in
Savaiuiali, Georgia.
.*
BANKERS, COTTON FACTORS
AND
GENERAL COMMISSION MERCHANTS,
No. 183 Pearl Street, New York.
Principles Relating to Investments.
Compound
H. ESTILL,
J.
Street,
(Successors to
New York, 1670-I87T.
Investments and SpeculationPrices in
York
watts-
Tork, and Messrs. D. A. liiVi'S x
1877.
Foreign ExcbanseMethods
New
8.
iDfonnattOb
all
London, 183S-1877.
York, from 1863 to
.
cultural and Military Department. It Is adapted ?or
teneral circulation throughout the Sooth.
Subscription: one year, JiOO; sU months, »1 00.
Bpecuneu copies sent tree. Address
Advances made on conslirniaontt. ami
Silver Question
Prices,
Co.,
loUcltcottSlgmreuLS ct 'JO'iTOS and orders for tie
1870.
Silver in the United States.
The
&
LIVEHPOOL,
York, and Prices of Call
Production, Exporss and Imports of Oold and
tic.
of Liverpool.
Brown's Bnildinxs.
31
Loans and Commercial Paper since
Gold and
Foreign marine Insurance
C. Watts
Canals.
The Money marketPnblieuiions.
&.
Company
Trade
Totmaee of Trunk Railroads and
Articles,
England, China, India and Singapore.
UNDERWRITERS IN NEW ORLEANS
British
Balance, U. S. Exports and Imports, Leading
EstablishecfA.D.1802
FORWOOD,
&.
LIVEPJOOL.
Also, execute orders tor Merchandise In
Returns, &c.
Commercial-
near Canal street.
New York.
LEECH, HARRISON
Currency Movements.
London— Money Market and
Fnlloii stree*, near Broadway.
Hruadtvajr, near Pine street.
405 Broadway,
— National
BOX 4064,
O.
P.
La.
Execute orders for Future C'ontracts In New Tor*
and Liverpool, and make advances on Cotton and
other produce conglxncd to
SI
OUANAOO, pntonted
MMC. paragon frame
2 50
Viae Mlk VmbrellM In great rarlety.
BOX 613,
P. 0.
CONTENTS.
00 mercantile Failures.
2 00 BanklnR and FInanctal—
any. lie
Delivery.
Pirn, Forwood& Co.,
INFORMATION. GENERAL COJU.MISSION MERCHANTS
FINANCIAL
3id atreeL
Smith's Umbrellas.
SINGHAM
Special attention given to the cxecnlloa of ordjira
for the Durcbase or sale of Contracts foi Kolure
OF
32 Plue tree*.
Yard— SS7 West
New York.
131 Pearl Street,
.
bi'8t
The Trade
Co.,
OENBKAL
oommibsioN raKK<.HA>ri«,
(ANNUAL.)
loweat marAlgo, all kinda
In yard, for ealo at
&
Bennet
L.
Review,
Financial
Orrell,
prices in lutK to suit purchaxors.
uf thu
Cotton.
TUB
ST.,
LONDON
Dissolved
Bone— Sulphate Ammonia, KltratePotatli
Nitrate Soda. Sulphate of Potash, Muriate of Potasli
40 t>er cent actual Potash. Super-phosphate Ldmd
Also, strtctlr pure ground Bone.
Our descrlpUTe circulars mailed free. The astcrla
f«r special tsrUUiors for parUrnlar crops
,
t
;
.
THE CHRONICLE.
VI
Felix Alexander,
Entire attention given to purchase of COTTOS on
for SPINNERS and EXPOUTEUS.
COBEESPONDKSCE SOLICITED.
References :— Nntlonal Bank of Augusta, Georgia
HeBry Hentz & Co., Commission Merchants, New
York William B. Dana & Co., Proprietors CommebciAii AND Financial Chbonicle, and other New
;
York Houses.
Stillman,
MADE
CO.,
Superintendent,
MUIR
Oc
New York
No.
CO.,
New
the purchase or sale of contracts for future delivery
of cotton.
&
Ware, Murphy
Co.,
CORDAGE,
and Liverpool.
FOR EXPORT AND DOMESTIC VST,
Peet,
York.
p&ld to purchases or sales of " Cotton Futures.
Special attention paid to the execution of orders for
GANGS OF KIGGING MADE TO ORDER.
laa FROtIT STREET. NKW YORK.
HOME
OF NEAV YORK,
Bill
'
OFFICE, No.
HOTTINGUER &
PARIS.
Forty-Niuth Semi-Aiinual Statemeut,
BLOSS & INCHES,
Condition of tlte Company on tlie first
da}- of January, 1878.
CASH CAPITAL
$3,000,000 00
Reserve for Re-lneunmce
1,836,432 31
CO..
SHOWING THE
COTTON FACTORS
Aim
GENERAL COMMISSION MERCHANTS
14a Pearl Street, New York.
GENERAL CO.MMISSION MERCHANT&
B. R. Smith
Co.,
COTTON EXCHANGE BUILDING,
COTTON
NEW YORK.
coininissioN merchants,
orderf
Reserve for Unpaid Lotses ana
Dividends
&
he esecniioa of
for
cootract^
futurt
made on
Liberal advances
con-
elgnmeuts.
Knoop, Hanemann & Co
GOmUISSION MERCHANTS,
NEW YORK.
63 EXCHANGE PLACE,
125 PEARL STREET,
NEW YORK,
AND
44 Broad
Street, Boston.
Liberal advances made on consignments. Prompt
Personal attention paid to the execution of orders for
le purchase or sale o f contracts for f u ure d el ve ry
i
&
Macaulay
TOT-^iL
HOnSBB
m
MancliMter and Liverpool,
OK lEnSF. Y A CO.
H. W. & J. H. Farley,
COTTON FACTORS,
COMMISSION MERCHANTS,
AND
FINANCIAL AGENTS,
132 Pearl Street,
Box
Tievr
Advances made on ConsIgHments.
P.
(1
.3,909.
York,
Special personal attention to the purchase and sale
Ot '' CONTRACTS FOli FUTUIJE DELIVKUY " OF
COTTON.
COTTON BaOKERS,
53
York.
&
Dennis Perkins
Co.,
COTTON BROKERS,
117 Pearl
Street,
New
R. M. Waters
York.
&
Co.,
66 BROAD ST., NEIV YORK,
ANKEKS & COTTON COMMISSION MERCHANTS
Wenman & Co.
&
97 Pearl
L.
Street,
New
F. Berje,
NEW OR L E A N S
J.
C. Johnson
(;OTTON
,
&
LA
$5,105,52ti
',5
MARTIN, Preisident.
H. WASaiRlRN, S ecretary.
CHAS.
J.
JETNA
Company
Insurance
or IIARTFOKD.
INCORPORATED
He-iufuiancefnnd.
Uuimid
.
1,
IN 1819.
87,115,621 42
1877
*.-j,(X)0.0(»
.
00
1,741,273 43
lossteJfc other
429,114 82-—
6,170,388 24
NET aUU"LUS, Jan. 1877. $1,945,236 18
BRANCH OFFICE:
1,
(^ommerda/
(union Ins. Co.
(^OF
LOXDOX},
ALFRED
Co.,
TnEHIPIIIff,
TEVN.
Wire R
o p e
3r
clined Planes, Transmission
of Powei", &c.
Also Oai-
Charcoal and BBfor
constantly on hand from
wliich anv desired length
arc cut. IXAT STEEL
IRON HOPES for Mining
purposes manufactured to
order.
Ships' Rigging, Suspension
Hridges, Derrick Guys.Kerry
Hopes, &c.
large stock
A
AND
JOHN
43
MASON & CO.,
Uroadwar, New York.
AV.
&
39 Wall
Liverpool
.
STEEL AND CHAROOAL
IKON of superior quality
sultahle for MINING AND
HOISTING PURPOSES, in-
Copeland,
PELL,
Rt'sid^nt
BUVEKS FOR MAXUFACTURERS
OrdftrR tn Fntures executed at N, Y, Cotton Ezchani^e
YORK
7,371 SO
Total
.
lvaD'.2ed
136 PEARIi STREET, NETT
Issued at this otHce
York.
COTTON BOYER AND COMMISSION MERCHANT
Co.,
COTTON BROKER,
39
6:i,2:2
135,204 13
12,500 00
Premiums due and uncoHected on Policies
COMMISSION AND COTTON MERCHANTS,
COTTON BUYERS & CO.MMISSION MEKCHANl S
60 Stone Street, New York.
Geo.
00
314,213 47
Leal estate
Edward H.Skinker& Co.
Investment Securities bougrlitand sold. Orderaeie
cuted at the Cotton Exchanges In New York and Liver-pool. All BuslneBB transacted Steictly on CommisBiONj so that no Ini crest of our own can possibly
conflict with that of our patrons.
H. Tileston
i;i4,628
I
(market value of ^ecuiltles, J42I.098)...
Interest due on st of January, 1J78
Balance In hands of Agents
COTTON BROKERS,
No. 146 Pearl Street, near n'all, N. Y. No. 173 Broadway, New Tork.
Estahllshed (In Tontine Building) 1311.
JAS. A. ALEXANDER, Agent.
COTTON FACTOP.S & COMMISSION MERCHANTS
New
.
8,016,903 00
3,016,875 00
251,190 00
and City Bonds (mark ( value)
Loans on Stocks payal)h? on demand
State
claims...
James F
$161,72" 56
Hen on
first
(worth »4,29S,i!M)
United States stocks (market value)
Bank Stocks (market value)
real estate
Tctal Assets January
Capital
REAVER STREET, NE^V YORK.
48
$)i,109,52G 75
ASSETS.
In
J.
WALTER & KROHN,
Robt. L. Maitland & Co.,
No. 43 Broad Street,
Banks
Bonds and Mortgages, being
Cash
Co.,
22 WILLIAM STP.EET, NEW YOliK.
Future Contracts for Cotton hought and sold on
in New York and Liverpool.
ASSETS
SUMMARY OF
COMMISSION MERCHANTS,
Commission
3.'>6,391
1,016,7U3 02
NetSurplus
'
delivery of cotton.
BROADWAY.
135
CITY BANK, LONDON, and
AND
for the purchase or sale of
Company
Insurance
Of Exchange on the
Cotton Factors
Special attention paid to
Sons,
MANUFACTURERS OF
Advances made on Consignments. Speela attention
made on Consignments.
Boston
street,
MANILA, SISAL, JUTE & TARRED
WALL STREET,
58
Water
40
Henry Lawrence &
BANKERS AND COMMISSION MERCHANTS
ON ACCEPTABIiE
Treasurer,
Manche?ti^r, N. H.
CALCUTTA AND BOMBAY.
^
FLTTIJKE CONTRACTS FOB COTTON bought and
Robb &
SECUItlTlf.
Liberal advances
Fire Eusflncs,
MANCHESTEK, N. H.
ARE<TAS BLOOD, TT. G. MEANS,
Also execute orders for Metctandlse through
Uessrs. FINliAY,
MANUFACTURERS OF
Locomotives and Anioiskeag Steam
York.
LIVERPOOL, LONDON AND GLASGOW.
76 TVaU Street,
YORK.
New
,
JAMKS PIM.AY &
Messrs.
OENER.iL COMMISSION MERCHANTS
LOANS
Pearl St
Works,
Locomotive
Advances made on Conslgnipents to
sold on commission In
SEAMEN'S BANK lUILDlNO.
NEW
& 176
174
ORDER
&
M.ANCHFSTER
Co.,
COnMISSlO.V MERCHANTS,
AUGUSTA, GEORGIA.
Woodward &
&
Henry Hentz
QENERAX.
COTTON BROKER,
No». T4
Miscellaneous.
Cotton.
Cotton.
Wm.
[Vol. XXVI.
London
Lns2ii'ance
(5"
Manager,
Street.
&
Globe
Company,
45 William Sto
J.
E.
PULSFORD,
Resident Manager.
@FedFRASER