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fiMMlnV

HUNT'S MERCHANTS

MAGAZINE

REPRESENTING THE COMMERCIAL AND INDUSTRIAL INTERESTS OP THE UNITED STATES

VOL.

NEW

30.

YORK, APRIL
Financial.

Financial.

&

Phelps, Stokes
.

Co.,

Jesup, Paton

JAME8 STOKK8,
BANEERS,
ANSON PUEliPd STOKKS.
45 WALL ST., NEW YORK.

53

COmnERCIAL. CREDITS,
In Dollars for use tn United States, Cuba, &c..

Pounds StcrllnK, available in any part of the worldAlso, TRAVELERS' CREDITS and

CIRCCIiAR NOTES.

Anversoise,

Antwerp.
Paid-Up Capital,

- •

9,000,000 Francs.

GcTTaL.

^.
Cie.)

Ad. Frank ( ""rank. Model ft
Aro. NoTTBBjiiM (Nottebobm Freres),
Fb. Duanis (Mlclilel8Lo»B).
_ ^
JoH. Das. Puurmasn, .Ik. (Job. Dan. rnhnnaim).
Levis Wbbkr (Kd. Weber & Cle.)
JuuBs Kautbnstbauoq (C. Scbmld A Cle.)

TRANSACTS
GENERAL BANKINCT

A
BUSINESS.

Asa

Eddy

p. Potteh. Ptesi.

J. J.

J.

H. Taylor

discounted.

Cor-

LISDLKY HAINKS-

&

Co.,

Bankers and Broken,
138

SOUTH THIRD STREET,
PHILADELPHIA.

Deposits received subject to check at slRht, aad
Interest allnwcd on dally balances.
Stocks, Bonds, Ac. bouKht and sold on commlBSion
in I'hihulelphla and other cities.
Particular attention given to Information rogard-

BK Investment

WAL8TOS

H.

Securities.

BKOWN.

FIBD. A. BROWN.

Walston H Brown & Bro.
.

11

BANKERS,
Pine Street, New

RAILROAD SECURITIES.

&

AND

CIRCVUI.AR NOTES
Issued for the use of travelers in

YORK AND

43 f*e\ir Street.
H. H. HOLLISTKIt,

BALTIMORE HOUSE:
21 South Street.
H. H. HOLI.ISTEII.

ROU£RT

B. HOLME8,
S. H. Dr.VAX,
Members of New York Stock Kxcliange.

A. Moran,

Daniel

parts of the world.

various places In the United States.

Deposits received subject to check at sight, and Interest allowed on balances.

GoTernroent and other bonds and Investment te
curities bought and sold on cummlsslon.

&

Trask

Francis,

BANKERS AND BROKERS,
70 Br cad way

&

15

New St., New

York.

ALSO,

CoK. MAIDEN Lane i J.a.mes St., ALBANY, N. Y.
Transact a General Banking Business.
STOCKS and BONDS Bouuht and Sold on Commls.'tion. and carried on Mar..lns.
l>epo8lts recelvou and Interest Allowed

BALTIIdORE.

Governments and Miscellaneous Securities
bought and sold on commission.

NEW YORK HOUSE:

all

drawn on (be Union Bank of London
Telegrapliic trnnsfers made to London and to
Bills

Gvvynne
(EBtabllsbod 1851.]

&
Pto.

Day,

45 IValJ Street,

Transact a general banking and brokerage business in Railway Shares and Bonds and Government
securities.

Interest allowed on deposits.
Investments carefully attended to.

27

PINE STREET,
NEW YORK.

Sand, Hamilton

Negotiates First-Class RaIIroad.,State,

and
Buys and

Co.,

SANKKUS .VND COMMISSIOiT MERCHANTS
2 ExcUanse Gourt, N)wr York.

Co.,

Cltjr

Loan*.

sells for cash,

or on approved margin,

BANKERS AND BROKERS,
2 Nassau Street, Neiv York.
STOCKS AMD BONDS BOUGHT AND SOLD ON
COMMISSION.

Securities dealt In at the Stock Exchunne.

A

&

N. Y. Stock Exchange.)

choice line of Investment Bonds always on

COMMERCIAL PAPER NEGOTIATED.

hand.

Correspondence

Bollclted.

&

Co.,

BANKERS AND BROKERS,

68

Kimball &"

7?. (7^.

R. A. Lancaster

BROADWAY, NEW YORK,
DEALERS IN

Plrst-CIafls Investment Secnrltlea.
GOVERNMENT BONDS, STATE. CITY, CODNTY,

Co.,

BANKERS and BROKERS
4 Exchange Co

Wftan

iri,

memitrtkif in V,

B»r »nd

Ntw
}'.

Sell »H CommissioH.

York,

SItck ExcAangi,

/or Caih, tf tm

Stockx^^ Bends, ana ali lnvtstw»4nt
SteuritiN, in lolt t* nut.

RAILROAD 4 MISCELLANEOUS SECURITIES

Ai»rgm,

sooiaER.y tiErcftrriKs a hpbcialjt.
LOANS NEOOTIATKD.
Interest Allowed o.n Deposits.

H. W. Rosenbaum,

Bought and Sold on Commission.
Virginia Tax-BecHvablt Coupont Bmght,

5

York.

SPECIAL ATTENTION GIVEN TO THE NEGOTIATION OF

R.T.Wilson

Son,

Stocks.

all

L.

&

Cisco
BANK ERS,

(Member of

COIiT.ECTIONS a specialty. Business from Banks
nd Bankers solicited.

IiIWIS H. Tatlob, Jk.

LETTERS OP CRfcDIT

Cashier.

$400,000
400,000
paper

York.

BANKERS AND BROKERS.

NEW^

BOSTO:^,

Satisfactory business
respondence invited.

BANKERS,

NEW YORK.

No. S» W^all Street, New York.
DKPOSITS RECEIVED SUBJECT TO CHECK AT
SIGHT, AKU INTEREST ALLOWED ON D.iILY
BALANCES.
OOVKRN'MENT BONDS. STOCKS AND ALL INVESTMKVT SBC0RITIB8 BOUSHT AND SOLD
ON COMMISSION.

Maverick National Bank,
CAPITAL,
SURPLUS,

Kountze Brothers,

;

aaisAB, PrealSent.

ALFBiD lUdOixAT (OraS 4 Maqolnav), vice-Pres
J. H. Von r>KB Biobk (B. Von der Becke).
OTTO GrNTHKR {Comellle-UaTld).
iuMlIJK 1)«

Co.,

H. H. HoUister &~C^,

BOARy OF DIRECTORS
Fbuz

&

Accounts and Agency of Bunks, Corporations,
anus and individuals received upon faTonibie terms.
Dividends and interest collected and remitted.
Act as agents for corporations In paying coupons
and dividends also as transfer agents.
Bonds, stocks aJi4 securities bought and sold on
commission.
Sound railroad and municipal bonds negotiated.
Sterling exchange bought and told. Drafts on
Union Bank of London.

John

Banque

774.

Financial.

BANKEBS,
WUUam Street, New

N, PnKI.PS,

Centrale

NO.

24, ]880.

E.

S.
7

Bailey,

PINE STREET.
Dealing

Insurance

Stocks

A SPECIALTY.
Cash paid at once for the above SeearlMes
they will be sold un commission, si seller's optica

ExcbauKe Place,

1

BUYS AND SELLS

RAILROAD BONDS AND STOCKS.
ALL CLASSES OF INVESTMENT AND ,M18
CELLANEOUS SECURITIES NOT ACTIVELY
DEALT IN AT THE rEW YORK STOCK KZ
CHANGE A SPECIALTY.
Correspondence soltolted and Inlonastlon obser*
tull; fornlstied.

;

I

THE CHRONICLK

XXX

Vol,

Foreign Exchange.

Canadian Banks.

Foreign Bankers.

Drexel, Morgan & Co.,
WALL STRRET,

Merchants' Bank

Nederlandsche

OF

CANADA,

CORNER OF BROAD, NEW YORK.
Drexel & Co.,
No. S4 SouTB Thtcd

Drexel, Harjes

St.,

81

&

Ct

Boalevard Batusmaao

Paris.

DOMESTIC AND FOREIGN BANKERS.
Deposits received subject to Draft. Securities, Gold.
Ac. Dought and sold on Cominlssiou. IntereRt allowec
on Deposits. Korelgn Kxchauce. Commercial Credits.
Circular Letters for Travelers,
Cable Transfers.
av^able In all parts of the world.

ATTOIWKYS AND AeVNTS OF
IHesan. J. H.
€0.,

MORGAN &

OLD BROAD

Brown

LONDON.

ST.,

Brothers

&

Co.,

No. 69 "WAVt^ ST., N.
BDY AND SELL

And

IT.,

HENRY HAGUE,

ly SIERLING,
ANY PART OF THE WORLD.
Martinique and Guadaloupe.

this

and

otticr countries, tlirougli
and Paris.

&

CAPITAL,
SURPLUS,

London

G. C. Ward,
A6SNT8 FOR

HEJiRY

York, January

& W. Seligman& Co.,

-

C. F.

N08. S9

&.

ANt>

AMSTERDAM, HOLLAND

BANKING COIlPORATI»N.
CAPITAL (paid-up)

HEAD

OFFICE,

&

John Munroe

Co.,

inVNROE tc CO., PARIS.
BTKBLING CHEQUES AND BILLS AT SIXTY
DAYS' SIGHT ON
ALEXANDERS & CO., LONDON.

JOHN WALTER,

London

The Nevada Bank;

No. 9 Blrcbtn Lane.

Office,

OF SAN FRANCISCO.

OF THE

AG ENCT

British

New York Agency,

North America,

No. S3

MCTAVISH,)
)
W. LAWSON,

,.,„„,.
Agents.

Bankers, London,

do
do
do

Imperial Bank of Canada
Capital,
H.

8.

HOWLAND,

HEAD

$1,000,000.

President; D. a.

WILKIE,

J.

Stuart
J.

&

Co.,

SMITH, PAYNE & SMITH'S,
BANKERS, LONDON;
aiANCHESTER & COUNTY BANK
"LIMITED;"

Anglo-Californian Bank

Beanohcs:

Agenta In London
Agents In New York:
BOBANQUKT, Salt & Co.,
Bank of Montheal,
93 Lombard street.
59 Wall street.
Promptest attention paid to collections payable in
any part of Canada.
Aporoved Canadian business paper, payable In gold
or currency, discounted on reasonable terms, and
proceeds remitted to any part of the United Slates bj
gold or currency draft on New York.

'

ULSTER BANKING COMPANY,
BELFAST, IRELAND;
AKD OM TH«

NATIONAL BANK OF SCOTLAND,
EDINBURG, AND BRANCHES;
ALSO,

UABLB TRANSFERS AND LETTERS OF CREDIT

(LIMITED).

LONDON, Head Oflice, 8 Angel Conn.
SAN FBANCI>00 Office, 422 Call/omi*

NEW YORK Agents,

1

Foreign Bankeri.

'

Exchange Place.

YORK.
Money Transf era.

Draw Bills
all

of Exchange and Issue
principal cities ot Europe.

Letten of Credit

SPECIAL PARTNER,
Berlin.

VETIT8GHB BANK,

$6,000,000.
1,700,000.

Transact a general banking business. Issue Commercial credits and Bills of Exchange, available in
all parts of the world. Collections and orders for
Bonds, Stocks, etc., executed upon the most favor*
abieterms.
FRKD'K F. LOW,
lv,„„. „
{ Managers.
P. N.

LILIENTHAL.

Cashier.

Boston Bankers.

AMSTERDAM, HOLLAND. Chas. A. Sweet
ESTABLISaEB IN
1863.

Pald-Up Capital, 12,000,000 Guilders
li.

OFi'ICB IN

40

AMSTERDAM.

Batavla, Soerabaya and Samarang.

Correspondents In Padang.
Issue commercial credits,

make advances on

&

Co.,

BANKERS

'

Lichtenstein,

BANKERS,

3a

St.

W. Seiieman & Co,

IGN ATX STKlNHART.

Agencies

NEW

.*.

Anthorlzed Capital, Paid HP and Reserve,

Nederlandsch Indische
Handelsbank,

HEAD

St., cor.

J.

BOSTON CoiTcspond'ts, Massachusetts N. B'k.

($4,800,000 Gold.)

.Knoblauch
trtlUani

PAYNE & SMITHS.

THE

CATHARINES, PORT COLBORNE, ST. THOMAS
rSQKRSOLL, WELLAND, DUNNViLLE, FEKGUS.

MANCHESTER, PAYABLE IN LONDON

Blalte Telegraphic

SMITH,

]

NASSAU STREET.
BILLS OF EXCHANGE ON
33

&

Agent.

do
UNION BANK OF LONDON.
New York, BANK OF NEW YORK, N. B. A.
do Amkbican Exchange Nat. BANK-

Cashier

OFFICE, TORONTO.

:

BRANDEE,

L.

Issues Commercial and Travelers* Credits availableIn any part of the world. Draws Exckange, Forelg
and Inland, and makes Transfers of Money by Tele—
graph and Cable. Gives special attention to Goldand Silver Bullion and Specie, and to California.
Collections and Securities; and arranges to pay
Dividends on such securities at due dates.

also on Canada, British Columbia, Portland, Oregon,
and San Francisco.
BUIs collected and other banking business trans-

D. A.

62 Wall Street

Invested In U. S. Bonds*
93,500,000 Gold.

GEORGE

WALL STREET.

Bay and sell Sterling Exchange and Cable Transfers. Issue demand drafts on Scotland and Ireland,

acted.

Ban its.

California

Dealers tn American Currency and Sterling Exchange.

&

Agent, 59 W^all St.

:

ST.

USD CSXCITa FOB TlAVKMBS.

.

I

Francisco and London.

Surplus,

No. 8 'Wall Street, Nevr York,
No. 4 Poat Office Sqnare, Beaton.
CHEQUES AND CABLE TRANSFERS ON

|

BONO KONO.

OFFICE,

The Corporation grant Drafts and negotiate or
collect Bills payable at Bombay, Calcutta, Siugaporer
Saigon, Manila. Hong Kong, Foochow, Amoy
Ningpo. Shanghai. Hankow, Yokohama, Hiogo, San.

Sterling Exchange, Francs and Cable
Transfers grant Commercial and Travelers' f^redits
available in any part of the world issue drafts on
and make collections in Chicago and throughout
the Dominion of Canada.

Fajrable In any part of Bnrope, Asia, Africa, Aastralis

ClBODI,AX NOTKB

»5,000,00a
l.SOCOOO-

RESERVE FUND

Wai-teb Watson,* Agents.
,„„„*.
-J
A. LA.NG,

CORNER BROAD STREET. NEW TOKK.

Draw Bills of Kxckange and make telegraphic traii»
moner on Europe and California.

BLAKE BROS. A CO

Hong Kong & Shanghai

Bank

fort of

New York,

COMMISSION MERCHANTS

WALL STREET.

61

America

BANKERS

,
,.
Agents.

President.

NEW YORK

for

f
)

Adolph Boissevain & Co.

SMITHERS, General Manager.

BANKERS,

and America.

HAWLEY-,

142 Pearl Street

Office,

$13,000,000, Gold.
5,000,000, Gold.

-

•

EXCHANG-E PLACE,

Issne Letters of Credit for Trarelers,

K.

1B79.

1,

;

62 WALL STREET. NEW YORK.
38 STATE STREET, BOSTON.

S9

STANTON BLAKE,

Niw

Buy and sell

BARING BROTHERS & COMPANY,

J.

;

N. Y. Correspondents.— Messrs.

Collections of Drafts drawn abroad on all
pointa in the United States and Canada, and
of Drafts drawn in the United States
on Foreign Countries.

G.

($14,400,000, Gold.)

Bank of Montreal.

Make

S.

(

HARRIS JR„{

B.

1834.

Execute orders for the purchase or sale of Merchandise. Bonds, titocks, and other securities. In the
United States, Europe and the Kast make Collections
buy and sell Foreign Exchange, and give advancesupon Merchandibe for fcxport.
OLIVKK S. CARTER, 1 Agenta

Neiv York Agency, 48 Excbanee-place.

REAKE TELEGRAPHIC TRANSFERS
GEORGE STEPHEN,
OF MONIiY
Between

ESTABLISED

Pald-op Capital, 36,000,000 Fiorina.

change, Cable Transfers, issues Credits available in
all parts of the world, makes collections In Canada
and elsewhere, and issues Drafts payable at any of
the offices of the bunk in Canada. Demand Drafts
issued puyublo in Scotland and Ireland, and every
description of foreign banking business undertaken.

JOHN

IN

in Francs, In

Hon.

LONDON, ENG.— The Clydesdale Banking Comp'y.
NEW YORK-The Bank of New York. N. B. A.
The New York Agency buys and sells Sterling Ex-

ON GREAT BRITAIN AND IRELAND. FRANCE,
GBKllANY, BELGIUM AND HOLLAND.
Issue Commercial and Travelers' Credits

AVAILABLE

OF HOLLAND,

JOHN HAMILTON.
JOHN McLKNNAN, Esq.
HEAD OFiflCE, MONTREAL.
GEORGE HAGUE. Oeneml Manager.
WM. J. INGRAM. Asst. General Manager.
BANKERS:
President, the

OF If-^XCHANGE

BIL.L.S

The Netherlaiid Trading Societ;

Vice-President,

Philadelphia.

No. 2S

Handel-Maatschappij,

$5,500,000 Paid Up.

Capital,

'

STATE STREET, BOSTON.

DEALERS IN GOVERNMENT SECURITIES

State, City,

County and Railroad Bonds.

ship.

ments of staple merchandise, and transact othei
business of a financial character in connection with
the trade with the Dutch East Indies.

Parker

BLAKE BROTHERS

&. CO.,
Agents for North America,
54 WALL STREET, NEW YORK,
88 STATE STREET, BOSTON

&

Stackpole,

BANKERS,
No. 68

DEVONSHIRE STEEET,
BOSTON

|

|

;

APRIL

:

:

ITHE CHRONICLE!

24, 1880.]

UI

Boston Bankers.

Financial.

Financial.

Oeo.Wm.Ballou&Co

FIDELITY GUARANTEE BONDS
AHE ISISUED BY TUB
FIDELITY ^k CASIJA.L.TY CO.

For OIBcerB and Ktnplojrces of Bank
and Halltvar*.
No Bank on Railroai> kuployk Nsed are bm

"ankers,
8

WbII

7i Devonathlre

Street,

NEW VOKK.

RAIL,KOAD and mCTNICIPAI.
SECVKIXIES For Sale.

NEW

TOUK,

securing
ring a (X)lll'<)K.\TK OUAKANTKK In lieu of a
personal bond wln^ro security is required for the
fiiithrni i)prrorii'utii'f) of the duties of employees In
all positions of trust.
Full information can bo obtained at the office, 187

flUENUS TO BECOHC ok CoNTINUB
HUHETIKS, AN TUE

UII!

Canada Guarantee Co.
BONDR
"S^.^Ti.
KLIOIBLK MK.N

OF SE(;t'RITY FOR ATX
I.N SUCH POHITIONB AT
TRIFLING (HARGB PER ANNUMV A

OONORESS STRBBT,

This coinpaiiys Suretyship la sooeptMl by n»nr
Of the nrincipai u. H. luilroad Companies and soma
of the Batiks. In raiiada its Bonds are now almost
universally reiiuired by the Governments, Banks.
Hallways, and CoiuniercinI Itistitulions.
The c:anai)a (iiAiiANTKE Co.Mi'ANV latbeonlv
Company on the American Continent that has
successfully conducted this bDslneM,-* result of
which is tliut It lias been able to establish a Bmiim
system for those who have been 8 or more year* on
the books, whereby the sobsequent premiums ai*
annually roduoed.-(>i< nOiueUm (Ms ytar U Jrvm

BodtoUa mass.

The advantages of transacting business with tbia
Company are that It Is a well-established Instltu-

Oio. Wh. Ballou.

Geo.

Broadway.

Wm. M. KiniABns. President.
Lyman W. Biiiogs, Vice-President.

Holt.

II.

Jou.v M. ("RANK. Secretary.

&

Brewster, Basset

Co.,

KnwAUii Stark, (jieneral Agent.
Directors— Georite T. Hope, A. B. Hull, G. O.
Low. A.S.

Wliiinras, W.<).
(!eo. S. Coe,

BANKERS,
No. 35

OF

Ouaranteelng the fldollty of persons holding positions of pecuniary trust and responsibility,
tlons
thus
responslbilUy, thui

and intchkst Aixowed.

DBPOSiTS Received

Cbolee

St.,

BOSTON.

BOIVDM OF MURKTYSIIIP

.T.

S.

Ilarnes, II. A. Hurlbut,
T. Htranahan, Charles Uennis, Wm.
Cluliin, John O. Mairs, Lyman W.

M. Richards,

H

nrlgg.s, S. B.

Chittenden.

II.

on

fo TO ^icr cent

U

the tuntat ratt.

lUKl has ample reserves, over and above Its
capital, to provide asalnst exceptional reverses.
The most complete and reliable Information Is obtained as to the antfcftUntM of Employees, and this Is
really of the flrst tmpiirtance to the Bmplofer, as
also the system of iieriodicui siiiiervlslun and revistloii,

Dealer* la Btoclu. BoDdB, Gold and

ComDiercla)

•aper.
Orderpi executed

on CoinmlRslon

at

Broken

Board

ion of those

Aaetlons.and Private Sale.
[nTeatme^t WofnHtlPB

No. 25 Pine Street,

nn h*n<*.

/•t\n»tnT^ttv

Purchase and seii, on Commission, OOVER.VMK.VT,
8TATK, MUNICll'AL and KAILKOAK BONDS
and STOCKS, and nil classes of Securities dealt in
at the NKW VOUK STOCK K.XCHANGK, or ali

H. Peck,
BANKEKAND BRfrKER
F.

EXCHANGE

No. 7

reputable Securities houifht utui sold in the OPK.N
MARKKT. LOA.N'S and COMMKKCIAL PAPKU
negotiated. Interest paid on DEPOSITS subject to
check.
WILLIAM B. UATCH.

PLAC'ls

BOSTON.

&

Jackson

THOMAS

Curtis,

J.

ANu

BANKiCUS

&

Co.,

iSitOEBRS,

Information

Dished.

K. V

CoBBKBPONDKNTB— McKlm Brothers

.

B. B. BsBBDsB, Preg't.

A. E.

W

ii.irint ,

Bank,

First National

UriLiniNUTON, N.
CnUeetlon* made on

all

c.

1B08. P. MUXBR,

R. D. WILLIAMS, JNO. W. HILLKB
CHA8. B. UILLEU.

&

Co.,

BANKKRS,

mOBII^E, ALABAlTfA.
Special attenticn paid to collections, with prompt
Temlttancea at current rates of exchange on day ot

parment.
Correspondents.—German-American Bank, New
York Louisiana National Bank, New Orleans Bank
Of Iilverpoul, Liverpool.
;

;

Financial.
JAS.

Henry

H. Smith,
BANKER AND BROKER,
BROAD

No. 18

ST..

NEW

iAa Intimate Knowledge of

all for

BROOKLYN SECURITIES, CITY BONDS,
Gas Stocks, dec,

HAS REMOVED TO
No.
May

1,

1

18Tt.

NEW STBEET,
NKW

TOBK.

York.

NOYES,

NASSAU STBEGT,
*

Gasllfflit Stocks,

Trust CoinpanleV Stocks,
Telegraph Stocks,
Xelephoue Stocks,
Hallroad Stocks and Bonds*

all

Se-

curities dealt tn at the N. Y. Stock Exchange, bought
and sold, either for investment or on margin.

ALSO.
of Investment and Miscellaneous
Securities not actively dealt In at the New
York Stock Exchange.
classes

since the discovery of the famous Comstock Lode, and also
pioneers In the celebrated Bodle district. In which
are located the "Standard," " Bulwer," "Bodle,'

All

and other well-known mines. Letters and telegrams
from these districts received dally. Orders executed direct at the San Francisco Stock Exchange

Flint & Pere Marquette Kuilroad Certtflcates.
Central llailroad ft Ii)wa Uonds and SUwk.
Port Huron &, Luke Michigan Hli. Co. Certificates.
St. Joseph iSt Weftteni Railroad eo. Securities.
Des Muine.s & Fori Do-jge lUiilroad Bonds.
New Jersey MitlhiiKl llaiiroail Securities.
New York & O.'^woko Kailroad Securities.
Indianapolis & 8t. Louis Kailroad Bonds.
South A. North Alabama Railroad Stock.
South Curultiia Railroad Wocurities.
Kansas & Nebni«ka Railroad Securities.
Greenville & Columbia Railroad Securities.
Vicksburg k Meridian Railroad Stock.
City. County and Town Bonds of Western States,
Olty of St. Joseph, Mo.. 7 and 10 Per Cent Bonda.
City of Atchison. Kansas. Old Bonds.
Scioto Valley itailroad Bonds and Stock.
R. IJTLEV, 31 Pine St., N. Y«

Have been connected with mining

Platt K. Dickimson,
Howard C. Dickinson,
Members N. Y. Stock Exchange and N. Y. Mining
Stock Exchange.

&
BANKERS,

So.

58 Broadway, cor. Exchange Place,

TRANSACT A OENBRAL BANKING BUSINESS,
INCLUDING THE PURCHASE AND SALE OF
STOCKS AND BONDS FOR CASH OB ON MARGIN. BUY AND SELL COMMERCIAL PAPER.
P. O.

Box

w. mclelt.an, jb.
Reuben Leland.

John

F. Zebley, Jr.,

c.

BANKER AND BROKER,
ST., NEIV YORK,

BROAD

(DREXKL BriLDINO)

Dealer lu

WANTBU

WM.

H.

L. Grant,

No. 145

BROADWAY,

NEW YORK.
CITY RAILROAD STOCKS & BONDS
BOUGHT AND SOLD.
See quotations of City Railroads tn this paper.

447.

d. a. boody.

6

Beers, Jr.,

C.

New

BUYS AND SELLS

Bro's,

the paat 10 Years

A SPECIALTY.

TnTOstors or Dealers wishlDK to buy or sell are
State, Municipal and
InTtted to communicate.
Hallway Bonds and Coupons bought and sold at best
Siarkct Rates.

N. T.

WM.

BANKERS,

YORK.

RAIIiROAD SECURITIES

KIRK,

6c

No. 4 Broad Street,

No. Ad Exctaange Place, Neiv York.

ANTHONY, POOR & 0LIPH.1NT,
BANKERS AND BROKERS,

Fred.

Coanty and TonrnalUp Bonds
OF THE STATES OF

21

vv.

No. 19 Broad Street, Neur York,
And 83 Devonsbtre Street, Boaton.
BrT AND Sell on Commission all Secitrities
Ccrrknt at the New York Stock Exchange.
Allow I.vtkrest on Deposits, make Advances
ON Approved Collateral.

HEAD OFFICE:

TOBBY

iBoodt^t

Anthonv. Member N.

spplloa.

All Classes of Railroad Bonds.

;

Y. Stock Exchange.
Poor.
jAS. H. OLiPHAST, Member N. Y. Mining Kich'ge
Ii.

may be had on

300 H. James Street, Itlnntreal.
EDWAUI) KAWLfNGS. ManaKer. ^
""'

the Construction and

Dickinson

&c.,

ALSO,

Stocks, Railroad Bonds, Governments, and

parts of the United States

Thos. P. Miller

tlon to the

ro.

ft

lifTS,

Just published.)

Equipment of Railroads undertaken.

Cashier

$476,406

Government to December 80th,

Prospbctur, Forms,

h

far.

tllO.OtS

MISSOURI, KANSAS and KEBBASKA;

Collect Coupons and Dividends

Ail business relating to

and

(See Report to

WILLIAM STREET,

AND DRAW BILLS OF
EXCHANGE ON LONDON.

INVItSTMENT aDd VIROINIA BECUKITIBB

wore

the Gross Resources

WANTED

NEX30TLATE LOANS

tpecialtv.

BOUclted

Capital,

And

RAILROAD IXVESTMENT SECVRITIES

BALTIICORE.
CorreupondeQce

The Available Assets of the Company (at
31st Dec, Itftti) over and above uncalled

Co.,

Vew York.
BUT AND SELL

Bankers.

Coniimny's Hooks.

ittngU contritt mt law.

Citjr,

No. 63

oil tlie

Over »I(Kl.fnl0 liiive iilreudy been iiaid by this Company for losses by unfaithful employees, without a

BaHkrrg and Merchants,

BriLDING,

Wilson, Colston

&

Kennedy

Boston, Mass.
Soutliorii

FRANK JENKINS.

H. BOUDEN.

S.

STOCK BROKERS,

8IRIinONS>

New York.

Investiuent Secarltles.

Orders executed at the Stock and Mining Exchanges.
Special attention Kiven to Defaulted Railroad and
Municipal Securities ot lUlnois, Kansas, Missouri,
Iowa and Nebraska.
Correspondence solicited and full informatioa
given on all olassea ol bond* and itceks.

New

York,

New England & Western

INVESTMENT

CO.,

PINK ST., NKW YORK,
CONGRESS STREET, BOSTON.
UNION BUILDING, CHICAGO.

NOS. 31
NO. 19

AND

S3

CAPITAI. STOCK,

$200,000

Offers to Investors carefnlly-selected securities
bearluK from 6 to 8 per cent interest. InTestment
sccuriuee bought and sold on cummission. Settlements made tor holders of defaulted securities.
Will act aa agents In funding and reorganlilng debta
of municipalities, railroad companies, and other
corporations. Correspondence solicited.
JOHN C. SHORT, President,
iNewToi*
Okouoe W. Dkbkvoisk, v. Pres. t "" *""•
Lrcais I.. Hubbard, Asal. VIee-Pres,, Boston.
WM, r, WAilON, Bee. and Trew., Chicago.

'

THE CHRONK^LE.
Financial.

Financial.

XXX

iVcL.

Financial.

Hong Kong &

Shanghai Cook County, Illinois,
Richmond & Alleghany
BACKING CORPORATION. 412 PER CENT 20-TEAB BONDS.
RAILROAD COMPANY.
of the

liOgislaIncorporatod by special ordlnanco
tlre Council of HotiK Konx. 20ih July. IW7, and
oonflrmed by Her Mnji'sty's Govcrnraont. Ciipital,
shares of »125 each, all paid up. «<;teOOO.OOO,
serve fund, »I.60(i.CKHI.

m

COljitT

OF DIRKCTOUS-nonK

KotlB

:

Honorable William Kkswick (of Messrs. Jardlne,
Matheson * Co.), Chairman.
.
„,_
Alkx. McIvkh, Ksq. (P. & o. Co.), Deputy Chalrm'n.
.

Korhos, K»q. (of Messrs. Kussell
W
B.R. Bellllos, K«q., Merchant.
II

.

F. D. Bassoon, Ksq. (of Messrs. David

Jc

&

Messrs. Turner

Co.)

Manaoek— Thos. Jackson, Hong Kong.
COMMITTKK IN LONDON:

A. n. Phlllpotts. Ksq., Carshalton, Surrey.
E. F. I»unconson, Ksq (wf .Messrs. T. A. Glbb 4Co.)
Albert Deacon. Ksq. (of Messrs. E. & A. Deacon.)

Manaqkkin LONIiON— David McLean._
Suh-Manaoeuin Lovdon— William Kaye.
London 8ANKEKS~The London AC-unty Bank.
KulNBUHQH A GKNT8— Messrs. J. L. Hill & Co., W.
42 Frederick street.
. .„ ,
Glasgow aoent-U. D. Matheson, K«q., 157 West
fl.,

George

street.

Head Okfick— Hong

Kong.

BHANCIIES AHO AGENCIES:
Haiphong,

Amoy,
Batavia,

Hankow,

Bombay,
OaJcutta,

Hanos,
Hlogo,

Fooohow,

lA)ndon,

I

I

I

Manila,
Nagasaki,

New

York,
NIngpo,

San Francisco,
Shanghai,
Singapore,

Swatow,

Yokohama.
Half-Yeahly Abstkact op assets and Liabilities honq KONQ* SHANGHAI BANKING COUPORATION, 318T DECEMBER, 1879:
I

Saigon,

Assets,

Dr.

J.

Sauoon, Sons

W

»7,889.017 Oi

Ca«h

3.52r(.010

Government

securities
Bills discounted, loans and credits
Btl s receivable

W

13,178.83M 26

2'.?1V?S
17
220,150 ?2

Bank premises
Dead stock

»52,131,234 85

H.
52

LiTHlM

CO.,

Sc

WILLIAM STREET.

of Chicago

Cltjr

and Cook County

the undersigned, as Trustees and

the COLUMBUS CHICAGO A INDIANA CENTRAL RAILWAY COMPANY, will pay on behalf
of the said railway company, on presentation at the
olBce of A. ISELIN A CO., No 48 Wall street. New
York City, the following-named interest coupons in

arrear on mortgage bonds secured on portions of
said company's railroad line, viz.: On—
Columbus A Indianapolis Central Railway Company
second mortgage bonds, due Nov. 1, 1879.

Toledo LogansportA Burlington Railroad Company
first mortgage 7 per cent bonds, and 6 per cent
Income bonds, due Feb. 1, 1880.
New York. April 82, 1880.

JAMES A. ROOSEVELT,
WM. B. FOSDICK,
&

C.

Railway Co.

/HICAGO BURLINGTON &

({UlNCV

Trustees and Receivers of C. C.

^

I.

'RAILROAD COMPANY.
DIVIDEND NOTICE.

At ameeting of the Board of Directors held this daywas voted to make, out of the surplus earnings of

it

Luthilitifft.

$5,000,000 00
Paid-up capital
Reserve fund
f 1,400.000 00
132,849 27- 1,532,»19 27
Marine insurance acc'nt.
2,31l«,311
8»
Notes in circulation
22,55l,fl(!0 06-24,951,271 95
Dcp'.slts
Bills payitble (Including drafts* un London bankers and shi>rt sight draw-

ings on our London office against
bills rec'vable and bullion shipin'ts) 20,331,732 24
818,881 39
and loss account

Proflt

t52,134.231 85

H

25 per share,
the current year, a cash dividend of
and a dividend of twenty per cent (20 p. c.) in stock,
representing the surplus earnings Invested In the
road and equipment, payable May 3 to stockholders
of record April 10, after which date the stock transfer books will remain closed till May 8.
J. N. A. GRISWOLD,
Chairman of the Board.
Note.— Non-resident stockholders, in drawing f^ir
dividends, should Include new stock and cash in

NEW
No. 59 WAE.Ii STREET,
one order.
Boston, March 31, 1880.
•JOHN WALTER, Agent.
OF THE ST. LOUIS & SAN
CT. I.OUIS IRON MOUNTAIN & ;SOUTH. OFFICE
FRANCISCO RAILKOAl' CO.. DKEXEL Btni.oJXG, New Yokk, April 15, 1880.— Notice is hereby
"eRN RAILWAY CO., No. 20 NASSAU STBKBT, given
that the transfer books of this company will
YORK AGEXCY:

Kew York, April 17, 1880.
SEVEN Percent interest

(being for one year, to
December 31, 1879) on the first preferred income
bonds of the St. Louis Iron Slountaln & Southern
BJlilway Co. will be p:ild on May 15 prox. at this
oflice to holders of said bonds registered at the closing of transfer books .May 1 at .S o clock P. M.
THUufers will re-open May 17 at 10 o'clock A. M.
By order of tlie Board of Directors.
D. W. McWILLIAMS, Treasurer.

POK CHO.CE

7 Per Cent Mortgages,
ADDRESS

SMITH

&.

HAlV.VAinAN,

Albert E. Hachfield,
NASSAU STREET,
BASEMENT,

Bonds Generally.
:

Toledo Logansport & Burlington Bonds.
Union & Logansport Bonds.
Rome Watertown & Ogdensburg Bonds.
Ind. Bloomtngt'n A West. Old and New Securities
New Jersey Midland Bonds.

FOR SALE:

New York i Greenwood Lake Bonds.

Geo. H. Prentiss,
24

BROAD STREET, NEW YORK.

GAS STOCKS
AND

GAS SECURITIES,
BTREET RAILROAD STOCKS AND BONDS
AND ALL KINDS OF

BROOKLYJW SECURITIES,
DEALT

above-mentioned construction.
Subscription circulars may be obtained by stockholders upon application to the Secretary after
Aiirii 20, and will be mailed to each stockholder
after April 24.
Per order of Board of Directors,
(Signed)
C. LITTLEFIELD, Secretary.

Henry

C. Parsons, Richmond.
Samuel Shethar. New York.
Chas. E.Wortham, Richmond,

COVNSEL:
Alexander

IN.

BBS OA8 QUOTATIONS IN THIS PAPER.

Green, 120 Broadway, N. Y.

ering all Its lands, buildings, canals, river Improvements, basins, docks, wharves, bridges, ferries,
dams, water power and personal property, which.'on
4th March ult., were conveyed to this Company and
also Includes the property and franchises acquired
from the Buchanan & Clifton Forge Railway Co.,
the total representing a value double the amount
of this Incumbrance.' The districts traversed by
the road are rich in agricultural resources, and
abound in mineral deposits that are not excelled by
these of any region yet developed.
The bonds bear interest at seven per cent (forty
years), principal and interest payable in gold. The
amount to be issued is $5,000,000, of which over
;

are already sold. The present price la
right to Ldvance the price without notice
is reserved.
Full details can be bad on application at the oflice
$1,600,000

The

92>^.

of the Company,
or to

Rooms 92 and

93,

Dreiol Building,

fLOS'SON

& HAYS,

ROBINS,

POWELL &

1 1

Nassau Street,
CO.,

40 Wall

FIRST IHORTGAOE

Street.

BO.\I>S

OP THE

AKRON SEWER-i IPE COMPANY,
AKRON, OHIO.
Cash value of the Real Estate and Improvements,
Total amount of First Mortgage BondSt

$200,000.

Title perfect. Ten years to run. Denomination $500 each. Interest 7 per cent per annum,
payable semi-annually in New York, April and October. Net income from the works over $20,000 per
year.
oflfer, subject to prior sale, the unsold portion
of these bonds, at par and accrued interest.
$50,000.

We

The New York, New

Western

Eitelniid Sc

INVESTMENT COMPANY,
31 & 33 PmE STREET, NEW YORK.

N<m.
Nos. 51 to 57 Boreel Building, No. 115
BROADWAY, New Yokk. April 20, 1880.
The Board of Trustees have this day declared a

&

The undersigned offer for sale the bonds of this
Company, secured by a first mortgage on the road
from Richmond to Clifton Forge. Va., and Its
branches. The security Includes the property ana
franchises of the James River A Kanawha Co., cov-

CHRYSOLITE SII.VERSIINING CO.,

A LIMITED AMOUNT OF THE

New York

London

6c
MONTHLY DlV10END(No.6>of ONKPKH CENT METAL, WOOD, AND ST )NE WOHKING CO.'S
(*10,000,000)
the
TEN
MILLION
DOLLARS
on
STOCK FOR SALE.
capital stock of this company, amounting to ONE
Algernon S. Sullivan. President.
HUNDllEU THOUSAND DOLLARS (*100.000), or
L. M. IjAWSon. Treasurer.

FIFTY CENTS PER SHAKE, out of the net earnings, payable at the othee of the company on the
27th of Apfil.
Transfer books will close at the Central Trust
Company April 22, and re-open April 29.
DB KAY, Secretary.

DRAKE

Deal! In Inveatment Securities and

WANTED

Geo. M. Bartholomew, Hartford.
James G. Blaine, AugustaFrancis O. French. New York.
Joseph H. Gray. Boston.
Conrad N. Jordan. New YorkHugh McCulloch, Washington.
Cyrus H. McCormIck, Chicago.
John J. McCook, New York.

Booms

Indianapolis, Ind.

19

be closed after April 24. to open May 1 next, in conformity with an agreement between this Company
and the Atchison Topeka & Santa Fo Railroad Comp:iny, for the construction of the Western division
of the Atlantic & Pacitlc Railroad Company.
Stockholders of recird April 24 will be entitled
for five days thereafter to their pro rata share of a
subscription to the securities to be issued fur the

Prealdent.

mRECTORS:

Se-

THAT
NOTICE IS HEREBT GIVEN
Receivers of

FBFNCH,

O.

cnrlltes VTanted.

108,835 86

Cr.

FRANCIS

FOR SALE BY

,

Co.)

H. Hopplus, Fsq. (of Messrs. Slemssen t Co.)
Wllhehn Kelners. Ksq. (of Messrs. Melchera s Co.)
H. li. Dalrymplc, Kso. (of Messrs. nirlcy & Co.)
H. Young. Esq. (of Messrs. GUraan A, Co.)
AUDITOKS-H. B. Glbb, Ksq. (of Messrs. GIbb, Livingston 4 Co.), and Hou. Phlncas Kyrle (of

Chikf

INTEREST MAY AND NOVEMBER.

Price 103 1-2; Interest to be added
aner May 1, 1880.

QFFICE OF THE MERCANTILE TRUST

^

COMPANY,

No. 120

BROADWAY,

N.

Y.— All

holders of real estate mortgage bonds guaranteed
by the Mercantile Trust Company, maturing on the
1st day of May, 1880, will be paid the principal sura.
With accrued interest, on presentation of said bonds
at the Company's office.
E. L. MONTGOMERY, Treasurer.

-^piIE

MAY COUPONS OF ALL REAL

Of Donnell, Lawson & Co.. Bankers.
Attention of investors is called to an investment
pr<»miscs larjre returns.
Correspondence
solicited and information cheerfully Riven. l*ainphlets furnished on applicutiun.

wliich

CHARLES
Room

2i.

B. OREEKi:,
BROKER AND BANKER,
30 Broad St., New York.

Texas Bonds.
STATE, RAILROAD, COUNTY AND
MUNICIPAI. BONDS
BOUOHT AND SOLD.
jr.

-"ESTATE FIRST MORTGAGE BONDS

guaranteed by the Mercantile Trust Company will be paid
at the office of the company, No. 120 Broadway, on
the first day of May next.
E. L. MONTGOMERY, Treasurer.

C.

CHEW,

29 BroadwaT.

NEW JERSEY MIDLAND,
KANSAS AND NEBRASKA
SECURITIES,
Bought and sold by

T ITTLE CHIEF MINING COMPANY,
^^

Rooms Nos. 01 to 57 Boreel Btrii.iiiNO,)
No. 115 Broadway, New York, April 15, IfsaO. (
The Board of Trustees have this day declared a
MONTHLY DIVIDEND (No. 8) of ONE Per Cent on
the TEN MILLION DOLLARS (110,000,000) capital

ONE HUNDRED THOUSAND DOLLARS (nOO.OOO), or Fifty

stock of this Company, amounting to

per Share, out of the third month's net
earnings, payable at the Central Trust Company's
Oflice on the 24th Inst.
Transfer books will close April 10 and re-open
April 26.
DK KAY. Secretary.

Cents

DRAKE

J. S.

STANTON, 19 Nassau

WAITED

Street.

:

Alabama, Sontli Carolina & Ijonlalana
State Bonds;
Nenr Orleans Jackson &. Gt. Nortliern,
JTIlssisNlupl Central, and Mobile
6l, Ohio Railroad Bonds ;
City of New Orleans Bonda.
I.EVY &. BORG,
36

WALL

STREET.

pnantfaD

xmm

h

r^

HUNT'S MERCHANTS' MAOAZINB.

REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OF THE UNITED STATES.
[Entered, aceording to act of Congress, in the year 1880,

VOL.

by Wm.

B.

Daka 4 Co.,

In the office of the Librarian of

SATURDAY, APRIL

30.

CONTENTS.

24,

Congrem, Waehlngton, D.

NO.

1880.

C.l

774.

is great danger of oar State and city authoribecoming involved in their financial arrangements.
THE eHRONICLE.
For many years now these banks have submitted to
Taxing National Banks
419 Latest Monetary and CommcrThoLoiiisvillo&Kushviile and
cial English News
423 extremely unjust exactions, which were gradually
driving
its Competitors
420 Coniinercial and Miscellaneous
Life Insuraucei'rospects
422
42ri
News
bank capital out of the State. In the light of the late
THE BANKERS' GAZETTE.
decisions of the United States Supreme Court, it has
Money Market, U. 8. SecuriQuotatlonsofStocksand Bonds 429
ties, Railway Stocks, Foreign
New York Local Securities .... 4aO become their duty, and we believe is their determination,
Exchange, New York City
Investments, and State, City
Bank8,etc
426
and Cori>oratiou Finances.
431 hereafter to resist in all legal ways any effort to make them
THE COMMERCIAL TIMES.
bear any more than their just proportion of the State and
43,")
Dry Goods
Commercial Epitome
4 12
Cotton
435 Imports, Receipts and Exports 443 city fiscal burdens. Hence if our city authorities attempt
Breadstufls
441
to enforce the present tax levy, we presume it will be
resisted, for it should be, and that will result in a very-

done, there
ties

I

|

|

.

I

considerable deficiency.

Is it not far wiser to accept at
once
the
consequences
of
the decisions, and make proThe Comsiercul and Financial Chronicle m issued every Saturvision for them, rather than to dally with the subject
day morning, with the latest neios up to midnight of Friday.
[Entered at the Post Office at New York, N. Y., as second-class longer ?
do not see where there is room for two

We

mail matter.]

opinions with regard to the proper course to pursue.

TERMS OF SUBSCRIPTION-PAYABLE

IN
For One Year (iucUulIng postage)
For six Months
do
Annual subscription hi London (including postage)
Six nioa.
do
do
do

ADVANCE:
$10

20.
G 10.

S.2 7s.
1 Ss.

Subscriptions will be continued until ordered stopped by a written
order, or at the publication office. The Publishers caunot he iesponsihle
for Remittances unless mode by Drafts or Post-Offlce Money Orders.
I^ondon Office.
The London office of the Chronici.k is at No. .5 Austin Friare. Old Broad
Street, where subscriptions will be taken at the prices above named.

AdTerliBenients.
Transient advertisements are pulilished at 25 cents per line for each
Insertlou, but when detiuite onlers are given for five, or more, insertions,
a liberal discount is made. Special Notices in Banking and Financial
column Go cents per liiu), each insertion.
WIU.IAM B. DANA, )
WILLIAM B.
& 00., Publishers,
JOHN a. FLOYD, JR. 5
79 & 81 William Street,
YORK.

DANA

NEW

Post Oikich Bo.\ 4592.

tV A ucat cover furnished at 50 cents postage on the same
iScents. Volumes bound for subscribers at $1 20.
is

file

;

the statute

office.

directs, that

within the authority.

If

unless

is,

then

we

it

is

let this

we

principle

kept

strictly

desire to reach a cor-

rect conclusion with regard to this matter,

we must not

out of our sight for a moment, for,

must be accepted, if at
very form of the statute; that is to say, in any
system of taxation under it, the meaning and intent of
each word must be studied and conformed to, and where
as

is

tiy For a complete set of theCo.M.MERCiAL and FraANCiAi. CiiROxiCLK— July, 1865, to (late—or Hunt's Mbrchasts' Maoazime, 1839 to
1871, inquire at the

The important fact to be remembered and kept in
mind during all this discussion is, that States cannot
impose any burden upon the capital or shares of a
national bank except as Congress has authorized it.
This was settled long ago in the McCulloch case, and is
of the utmost importance in this discussion, as it makes
every tax utterly void unless laid in the precise manner

all,

stated, the authorization

in the

the statute fails to be explicit the authority cannot be

TAXING NATIONAL BANKS.
Daring the past week a very important bill has quietly
passed the Senate and Assembly at Albany, and been
signed by the Governor. Those who criticise the dilatory
movements of our legislators will find no reason to complain in this case. The act we refer to is one, which in
a very few words, extends to the shareholdersjin State
banks the same exemptions from taxation enjoyed by
national

banks

other words,

it puts all banking
on an equality with respect to
assessments and taxation. Tliis is a very just measure,
and seemed to be accepted as such readily by almost
every one, and hence excited but little opposition, and
;

in

institutions in the State

implied.

Then there is another thought which will help us in
attempting to reach a correct interpretation of the
provision in question, and it is this.
Congress had a
purpose in not granting to the States full authority and
power to tax banks; that purpose was to reserve to
itself,

banks by taxation for the
what it thought the

or get out of the

national government, the bulk of

banks could pay; consequently, the general government
taxes their circulation, taxes their capital,

This point

their deposits.
discussion, as

it

is

helps us to understand the intent of Con-

gress in using the very limited

by which

and finally taxes

of great importance in this

and guarded expressions

conveys to the States power to tax; it
But the passage of that act cannot fail to suggest the intended to reserve that source of revenue for itself.
propriety, and in fact the necessity, of our Legislature Keeping in mind then that intent, and also the previous
coming to a speedy and wise conclusion with regard to thought that the States would have no right to tax at
the general subject of bank taxation. _Unle88 this^'js all, and even now have none, except to the extent and
required but

little

pushing.

it

THE OHRONICLR

420
in the

way Congress has granted

it,

one will be

in a

COMPETITORS.

We

make

a few suggestions which

might possibly serve

In reading the section

helps to that end.

as

however,

itself

XXX.

THE LOUISVILLE d NASHVILLE AND ITS

position to interpret the statute in question.
only sought
But that is not our purpose to-day.

to

rvoL.

The unexpected

decline and subsequent fluctuations in
<fc Nashville stock the past week,

the price of Louisville

think any one would be impressed with the fact of have been a subject of much comment. It is now generbeing very loosely worded. In the first place, it does ally admitted that the sudden drop of Saturday last was
not start ofE by providing in clear and positive terms that the work of parties wishing to demoralize the general
" all States are authorized to tax, &c.", but simply market and who were assisted in their attack on this road
* by
the fact that the company's property in this city had
begins, " nothing herein shall prevent all the shares *
•*•
very
been attached in a suit for damages, and by the report,
certainly
a
is
from being included, «fcc." This

we

its

if current at the time, that the Chicago St. Louis & New
very
if
a
Orleans had determined to bring its lines into connection
seem
as
would
it
plausible argument could be made whether any author- with the Cincinnati Southern and form a competitor
At least this to the Louisville & Nashville for New Orleans and Moity at all to tax passes by the provision.
portion of the section grants no such authority for how bile traffic. The suit for damages may be dismissed' as
-can it be said that the statute itself in any way " prevents" unimportant, but the rumor about the intention of the
State taxation. It is not the statute that prevents it, but Chicago St. Louis & New Orleans to enter territory now
aimply a rule of law which has its existence outside of exclusively occupied by the Louisville & Nashville has
the statute entirely, and which is to the effect that a attracted such general notice that it may be well to recall
bank formed under this or any other United States stat- to mind the progress the Louisville & Nashville has
ute cannot be taxed unless Congress authorizes it. But made during the last few months in development of its
leaving that question (on the supposition that the sub- system and the situation it holds with relation to other
sequent clause cures the defect) this form of authoriza- roads through the Southern States.
Only a short time ago the Louisville & Nashville
tion has importance, in view of the subsequent portions
That we may have them before us, we could have been described with tolerable accuracy as
•of the section.
give the important parts of the provision, although we simply a line extending from Louisville to Memphis in
one direction, and from Louisville through Nashville to
have often quoted it entire before.
Montgomery, Ala., in another direction. During the
" Nothing herein shall prevent all the shares in any association from being included in the valuation of personal property last few months, as our readers know, decided changes
of the owner or holder of such shares, in assessing taxes im- have taken place in the system; but the actual demon-

unusual

way

of granting authority for any act, and

were an original question

it

;

posed by the authority of the State within which the association is located * * * subject only to the two restrictions,
that taxation shall not be at a greater rate than is assessed upon
other moneyed capital in the hands of individual citizens of
such State, and that the shares of any national banking association, owned by non-residents of any State, shall be taxed in
the city or town where the bank is located, and not elsewhere."

Can any one

tell,

after reading the above,

how

shares of

anon-resident (whether resident of another State or of any
foreign country) can be " included in the valuation of the

stration of the strength of

its

position

came suddenly,

and for the reason that, while it was pushing southward
and reaching out for the leading Gulf ports, the Nashville Chattanooga & St. Louis, its sharp and active little
rival, was seeking control of the outlets to the Ocean,
with an extension on the north to St. Louis. This close
competition which had existed, and which these developments indicated was to be carried on even more sharply
in the future, prevented the public from fully appreciating what was being done until the rivalry was abso-

" personal property of the owner," and whether (if according to the last decision debts can in each case be deducted) debts can again be deducted here which have lutely terminated in the early part of the present year
once been deducted in making up the owner's personal by the Louisville &> Nashville absorbing its competitor.
assessment in his own State or country.
Furthermore This combination, together with the arrangement peris it entirely clear that the State by this act or any other fected last week with the Georgia railroads, prevents

any rivalry, and secures to the Louisville & Nashville
that the Nashville Chattanooga & St. Louis sought
who is a resident of another State or of a foreign coun in its individual capacity before passing into the hands
try? To be sure the provision in terms attempts to cover of the present owners namely, outlets to the sea from
the case of shareholders who are " non-residents of any the West.
State."
Without stopping to consider the peculiBriefly speaking, then, the Louisville & Nashville sysarity and indefiniteness of that expression, it is well tem, as it now exists, including roads owned and conto determine whether the United States has the trolled, extends from St. Louis, Louisville, Evansville,
power to grant to this State jurisdiction over the Hickman, and Memphis, to New Orleans, Mobile, Pensaproperty of a resident of London or New Haven. cola, and Savannah, and touches such important points
Or if even that is possible, can it force such resident to as Nashville, Chattanooga, Selma, Montgomery, Eucome to New York to take oath with regard to his faula, Columbus, Macon, Atlanta, and Augusta.
In
debts, or if he does not come, can it estop him from addition to this, it may also be said to have virtual conproving them subsequently, and confiscate his property trol over the lines that afford outlets to Brunswick, Port
as a penalty ?
In the case of
Royal, Charleston, and Wilmington.
These are but a few suggestions on this one branch Brunswick, this is so because the Louisville & Nashville
of the subject and we have not space for more controls all the Macon & Brunswick's connections at
act

can acquire

confiscate,

the

the right

shares of

to

a

tax,

and,

if

unpaid,

foreign holder of

stock

all

—

The general principle which the late
seem to have established is that no
national bank shares can be assessed or valued at a
higher value than other moneyed capital. This has a
to-day.

decisions

Macon; and in the case of Port Royal, Charleston, and
Wilmington, because the roads to those ports all

&

run out of Augusta, where, again, the Louisville
In other
controls all the connections.

Nashville

very broad application, and whether our present tax words, by this system all the leading seaports
levy can stand the test of such an adjudication is the from New Orleans on the Gulf, to Wilmington on
question for our city authorities to decide.
the Atlantic Ocean, are reached. At some interior

THE CHBONICLE,

Arnii, 24. 1880.1

points every line centring

place

the

in

is

under

its

421

seeing the necessity of

the connection to

its

sygtem^

bought the charter of the Georgia Western, and failing
gomery. It should also be stated that the Louisville in its efforts to secure the Western & Atlantic would
New Albany & Chicago, from New Albany to Michi- have built a road from Atlanta westward to a point on
gan City, is supposed to be managed in the interest of its Alabama lines.
direction.

This

&

notably so at Nashville anrl Mont-

is

It is difficult to see what measures the Cincinnati
Southern
can take to counteract these recent movements.
within 57 miles of Chicago.
above, the control of the Western & Atlantic
As
stated
that
a
combination
so
vast
wondered
at
It is not to be
Louisville
gives
the
& Nashville the key to the entire
rise
to
schemes
and
give
jealousy,
should
excite
this
as
The Louisville & situation. There seems no remedy against this except
for the formation of opposition lines.

the Louisvillo

Nashville has

Nashville, thus bringing the system to

headquarters at Louisville, and, of

its

the building of a

new

line,

and there

is

not

much

likeli-

Before hood of that just now. As respects, therefore, through
the Nashville Chattanooga & St. Louis passed into the traffic to points in Georgia, South and North Carolina^
hands of the Louisville & Nashville, and while the ihe Cincinnati Southern will, for the present, be as maoh
former was looking toward the sea coast for outlets, at the mercy of the Louisville & Nashville as it ever
Nashville held a more prominent place, and had the wan. In regard to connections with Mobile and New
promise of increasing its importance as a railroad centre. OrleanE>, the problem is less difficult of solution.Consequenily, the people of that city have regarded with At a meeting of the Cincinnati Chamber of Com^
much disfavor the passage of their road into the con- merce, some weeks ago, it was suggested thatcourse, seeks to bring

all its

trol of the Louisville

&

business to that city.

Indeed, mutterings

Nashville.

have been heard of legislative interference, and threats
made that in some way or other the road would be
recovered.
It is impossible to say just what this talk
will amount to in the end; but time, which heals all
things, will no doubt remove much of the ill feeling.
Cincinnati, too,

ern trade.

It

is

anxious to secure some of the South-

was with

this

end

in

view that

it

author-

work on

it

buy the Selnya Rome

shortly to be sold

that road

it

&

Dalton road, which-

at foreclosure

sale.

Possessing-

would not need a great many additional

miles to bring it in connection with the Cincinnati
Southern at Chattanooga, and, if purchased, would

extend the Cincinnati Southern to Selma, Ala.
however at present it would have to stop.

Here
The
Gulf) would

tk Selma
(formerly Selma &
answered very well for connection with the
Gulf, although at present this road is completed only as

Peusacola

some have

ized the construction of the Cincinnati Southern

eleven years ago, and began

the city
is

some four years

far as Pineapple, forty miles.
But some time ago this
between Cincinnati and Chattanooga. It very piece of road was purchased by the Louisville
was supposed that when
completed, Cincinnati Nashville ; yet it does not come in contact with that
would be placed in a very good position
as system at all, and last week the Louisville & Nashville
respects traflio to and from Southern points.
But felt compelled to lease that part of the Western Railroad
in this calculation the factor of possible opposition of Alabama, lying between Selma and Montgomery, to
was entirely ignored. The citizens of Cincinnati now bring this little bit of road into connection with its lines.
awake to find the connections on the South, which they There is one other road running out of Selma which
thought would be at their command, in the possession of might answer the same purpose of extension south for
later.

an

The road

is

very favorably located, being almost

&

air line

their Louisville neighbor.

engaged

If private capital

had been

building the Cincinnati line, some shrewd,

in

man would have been placed at
the head, and he would not have waited for the comenergetic, wide-awake

him of the

pletion of the road to apprise

fact that the

connections were more essential than the road

itself.

He would

have taken measures to secure at least equal
advantages for his company with those of his rival, and
a line offering a key to the entire railroad situation of
the South would never have been allowed to pass into
the exclusive possession of an antagonist. But when such
an enter], lisa is in the hands of a practically irresponsible

—

body, with no accountable head accountable in the sense
that the head of a corporation is to the directors and its
stockholders

— celerity of

action, unity of purpose,

and
and an undertaking which
might otherwise have been turned to much advantage
remains for the time being merely local in its character
wise management, are

and limited

lost,

in its scope.

Contrast with this the action in one recent event
of a road managed by its own stockholders and officers.

There seemed a possibility that the Western & Atlantic, from Chattanooga to Atlanta, which at the
latter point connects not only

We

&
We

refer to the New Orleans
Selma, completed for twenty-one miles from Selma.

the Cincinnati Southern.

are of the opinion, however, that
controlled by the Louisville

&

it

also is either already

Nashville or

is in

the

way

to be.

But the most feasible plan yet suggested for bringing the Cincinnati Southern in connection with New
Orleans and Mobile, is that mentioned in the beginning
of this article. It is the building of a branch by the Chicago St. Louis & New Orleans from Jackson to Nashville,
and another by the Cincinnati Southern from Nashville to
Danville, on its main line.
We do not know what truth
there may be in the second part of this statement, but
we have it on official authority that some prospecting
has been done on the line between Jackson auil Nashville, so that it is not unlikely that progress will bo
made in this direction before long. The Chicago St.
Louis & New Orleans is said to be spurred on to this
by the loss of New Orleans business that formerly came
to it from Nashville over the Nashville Chattanooga &
St. Louis.
The benefits that would accrue to the Chic.
St. Louis & New Orleans from such a line are undoubted,
even though the Cincinnati Southern should not build itsportion.
The road would traverse a rich section, and
would besides command a large traffic at Nashville, to

with the railroad system
of Georgia, but (by virtue of the fact that the mountain range forming the boundary line between Ten-

the detriment of the

nessee and North Carolina has not yet been crossed
by any railroad) with the entire network of railroads in

the Cincinnati Southern should build the section between Nashville and Danville, the benefits to the Chic.

South and North Carolina
that this road would

Nashville

fail

combination.

— there

seemed a

possibility

St.

Louis

& New

Louisville

&

Nashville.

And

Orleans, and loss to the Louisville

if

&

come into the Louisville & Nashville, would be even more marked. Jackson is a
The Louisville & Nashville, point where the Mobile & Ohio and the Chic. St. Louis

to

THE CHRONICLE.

422

year.

&

Tears.

Insurance in

Ratio of

Insurance in

Ratio of

foree.

iticreate.

force.

increase.

18-3
0-9

$78,331,900
78 121,900
82,488,500
127,030,200
200,883,700
291,035,900
427,549,000
549,008,300
733,474,900
891,873,000
984,222,400
1.041,868,400
1,062,771,700
1,034,927,800
994,241,000
955,317,100
878,958,600
773.209,700
727.827.100
709,312,700

11-4

$85,371,500
80,134.100
101 ,174,000
140,028.400
194.819 300
269,846.300
437,556,7(0
612,729,400
795.509.700
944,744,800
1,039,602,500
1,059,593,400

seems probable that the Louisville
& Nashville will lose some business through the openiug
rather to
of the Cincinnati Southern to Chattanooga— or
it is
though
Chattanooga—
Boyce'tf Station, .5 miles from
it

as the
not yet posbible to estimate the extent of this,
staled
As
weeks.
few
a
only
operation
road has been in
roads
the
Chattanooga
below
points
for
however,
above,
Nashville will have to be
controlled by the Louisville

&

seems likely that the Louisville & Nashto Nashville.
ville will suffer from the proposed line
the Illinois
of
This is prospective, yet the managers
Louis
& New
St.
Central (which owns the Chicago

179
38-8
38-7
48-9
51-1

400
300
J 8-7

100

l,0ul,970.f-00

1-9
•0-7

1,051,099,300
1,002.994,600
966,725,900

'008
4-6
0-6

857,036,5(K»

'14-2
•8-8

It also

used.

Other State Companies.

,Vor York Companiet.

Nashville.

Altogether, then,

XXX,

from the amount outstanding at the close of the previous

Orleans intersect, and consequenlly the CincinNew Orleans
nati Southern would get outlets to both
be much
moreover,
woulJ,
routes
These
and Mobile.

& New

Louisville
shorter than the corresponding ones of the

[Vol.

782,895,500
753,094,100

•3-8

11-9

730.648,.500
•

580
45

460
28-9

311
31-7
12-6
5-8
2-0
'2-6
*3-9
*3-9
'8'7

'12-0
•5-9
•2-6

Decrease.

The apparent

manOrleans) have displayed rare business tact in the
line
the
construct
will
and
agement of their property,

•0-3
5-5

54-4

umn

left-hand col-

decrease in 1879 in the

millions, for the

really an increase of about 8^

is

amounts ouistfinding

in three

companies not included in

commends itself to their judg- the figures for 18V9 should first be deducted from those
without much
But as the Louisville & Nash- for 1878 before making the comparison. In the above
probable.
seems
as
me It,
range table we have not been at the pains to exclude the many
ville system is now so vast and covers so wide a
talk if

it

may

be able

to

make

companies which have fallen by the way, the purpose
being only to show how the tide of all insurance good,,
The
bad and inJififerent has ebbed and flowed.
took
however,
thin
State,
of
retired companies
out about 165 millions, which is rather more than

reason to suppose that it
good these losses and show progress

of territorv, there seems

fair

LIFB INSURANCE PROSPECTS.
The

official status

—

—

besides.

of the Insurance Department in this
by the confirmation of Mr. Fair-

the

one-half

decay

net

total

1870.

since

The

show that in the companies of this State there
man of Elmira, a newspaper editor. The worst that can be was some progress made in 1879, and although the like
said of this appointment, as of that of Mr. Hepburn to experience did not befall those of other States, the
be Superintendent of Banking, is, that the new incumbent decline, both absolutely and relatively, was less than
was not selected because of his fitness for ibe situation. one-half what it was in 1878. The first table, confined
The latter appointment involved the setting aside an to present companies, is still more interesting, showing
acting official who already has experience, besides having at a glance how increasingly powerful was the backproved himself active, competent, and honest; the other ward drag which, in 1878, brought the companies to a

State has been settled

figures

overlooked the just claims of a deputy who has done halt in respect to growth, and also the fact that reaction
(and was the only official connected with the Depart- has begun. Of the 12 New York companies reported,
ment capable of doing it) the real insurance work. Siill, 9 show a gain in issues over 1878 ; of the 18 others, 1
no evidence of positive unfitness appears yet in either show such a gain. As to terminations, the proportion
Only a very extraordinary man, however, can of sucb by surrenders and lapses, which increased from
case.
cleanse the Insurance Department after the last incum-- (35 per cent (then already far too large) in 1873 to 77 in
bent, and we still deem it better for the public interests \%iq and 1877, in the companies of this State, declined
|

and the

State's

abolishing

it;

but

reputation to reform that

we

will live in hope,

any change
must be an improvement.

least the certainty that
it

by

office

and there

is

to

at

in administration of

The new Superintendent, however, has in some

76

in

67 in 1879

1878 and to

in

;

those of other

by these methods
1876 (67 per cent), was 57 in 1S78

States, the proportion of terminations

was
and

respects

at its highest in
5

1

The

an unusual opportunity to distinguish himself, if he posBesses such an honorable ambition, for not only does the
past official term ofifer a background against which his
work may shine, but the improvement in at least one
branch of insurance has begun. The following schedule

last year.
is by no means fully purged of all its
management its working expenses are still too

business

errors of

—

competition too eager in disposition and too
As activity returns, for example,
elastic in methods.
these methods extend, in some cases, to a revival of the
high,

and

its

—

old warfare between companies and agents a practice
and active beneficial only to the journals which publish the matter
operation giving the number which went forward or and the writers who prepare it. Nobody ever built up
backward respectively, as respects volume of outstand- a very substantial business by assaults upon competitors,
ing business, during the last ten years, is suggestive.
and it is time these methods gave place to wiser and

—confined

to Life companies

now

in existence

—

New York

Other State

Co.^s.

less

Co.'s.

1870
1871
1872
1873
1874
1875
1876
1877
1878
1879

i
6

1870

6

1

187''

10
4

2

1873
1874
1875
1876
1877

8

4

8
8

2
2

10
10

6

12
6

of

Forward. Baekicard.

11

1871

18
13
15
12
12
10
5
2

1878..

1

1979

6

Nevertheless,

I

the healthy condition
j

Tears.

Forward. Backward.

heated ones.

life

insurance coaipanies in general

unreservedly, and with

1

ness,

4

it

has proved

its

much

may be admitted

satisfaction.

stability

and

its

As a
place.

>

busi-

The

former must be deemed impregnable, as far as human
foresight can go, after having survived so severe a test;

7
9
14
17
18
13

the latter will last while uncertainties and inequalities
are

a part of

human

life.

The most wholesome and
j

The following shows the amounts

effectual corrective of errors in

of policies in force,

at the end of each of the 20 years 1860-'79, la

all

com-

panies doing business in this State, together with the
percentage of increase or decrease, during each year,

'

insurance practiced

regard to State supervision andj
certificates, and no more to the representations of agents
than they are clearly warranted in receiving the more]
will

I

life

be to pay very

little

—

.

ArniL

THE CHRONKLb.

24, If 80. J

moderate they are, by the way, the more worthy of
and to use one's own business judgment in
trust
making a selection. That the selection, made after
careful use of the best facilities the insurance buyer can
find for forming an opinion of his own, will be unwise
is less likely than that his business will be taken to the
best companies if he depends upon the chance that

—

representatives of such companies will be the

first

to

RATES OF EXCHANGE AT LONDON AND ON LONDON
AT LATEST DATES.
EXC'HANOK AT LONDON—

EXCHANGK ON LONDON.

APlill, 9.

.

Aumteiiljini

Berlin

Frankfort

Hnmburg

*•

"
.

.

"

St.Petor8b'rg

"
K

90 days

Alexunrtrla..

20 (U

-»20«5

20fll
12-5

•®20-6.5

®1210

21*i»24'8

'*

Madrid
Cadiz
Lisbon

New

Short. 25 -JS 325-30
3 untH. 2.')-42l2«25-47»a
"
2.)-;T'-.2»2.%-623 nio3. I'-'-.i's al2-4!>8
«bort. 1211a ®12-2>3
3 u\oti. 20(;i a>20-ti5

.

Vienna

Latest
Dat*.

Rate.

Time..

Antweiii ...
AmBtcnlain

....

....

Calcutta ....
Honf? Kon^.

30 days
"
"

Is.
iB.

8rt.

8d.

7^

3s. -<^\.Si3
48. llHjd.-4 1l^

Sbangbul

Time.

Rate.

April

!

Short.

25-29

April
April

U Short.
SI
Short.

12-09

of wages, flne weather, and a brighter

political prospect, are obviously all favorable to a

commerce.

They

April
April
April
April

Short.

20-50
20-44

AprU

3 mos.

20-41!

3 nios.

11-97
25\1

if

the present value of

money

the present quotations for

money

Per cent.

Bank

3

rata

Opcii-nmrket rates—

30 and (m;
3 niontlid'

219
2'a

duyii' bills.
bills

:

Open-market rate*—
Per OMit.
4 months' bank bills
2<la92\
6 months' bank bills
2''g93
4 <k muntha' trade bills. 3 •S's

The rates of interest allowed by the joint-stock banks and
discount hoases for deposits are subjoined
Per cent.
Jomt^itock banks
2
f)i8connt houses at call
2
with 7 or 14 days' notice

2'4

Annexed is a statement showing the present position of the
Bank of England, the Bank rate of discount, the price of Conthe average quotation for English wheat, the price of
Middling Upland cotton, and the Bankers' Clearing-Uouse
return, compared with the three previous years

sols,

April
April
April
April
April
April

3 nic)8.
Short.
9 4 n\Ok
•;

^

90
4-8014
18.8=1(1.
Is. gi^d.
3b.
5». li^d.

1'

9M.

9
«

I

Cir(-iilatlon.cx<-lndlng

1830.

1879.

£

£

post bills.*... 27,3.V>,4G0
8,142.114
Public doposits

29,928.460
7.053.820
Otlu-rdi-po<i's
26.041.970 30,650.572
(Tov<-riuii*tsPCUi-Uies. ir,.947,«79 14,906.801
Otlirr securities
19.859,001 22.159.108
Rcs'vc of notes & coin 15,942,430 18,602,199
Coin and bullion iu
both departments.. 23,297,896 33,490,659
Bank rate
3 p. c.
2 p. 0.
Consols
93
981a
488. 4d.
408. lid.
Eng. wheat, av. price
Clearlns House ret'u 1 34,899,000 99,709,000
llaiik

.

The following are the current

1878.

10,231,309
23,159,901

25,984,659

23,33:1.043
16,5.50.488
21,6-22,85.3

3

2 p.

c.

96

Od.

51s. 5d.

97,000,000

97,202,000

.508.

rates of discount at the prin-

cipal foreign centres

Bank
rate.
Pr. ct.

Bank

Open

market.

rate.

market.

Pr. ct.

Pr. ct.

Open

3

92^
2%»3

to devote their energies to the inauguration of those domestic

3is

3

reforms for which the country is becoming anxious. We shall
also see, in all probability, the work of Parliament conducted
with more fairness and with greater facility.
The acrimony
displayed on many occasions of late years has been very offensive to many who hold a high opinion as to the dignity of the
great council of the nation, and Liberal statesmen desire, now
that a victory has been gained, that the past should be forgotten, and the present and future should form the subject of
legislation. The country need not apprehend that the Conservatives will form themselves into a factious opposition ; but
it is a satisfactory feature that the party will be strong enough
to criticise the work of Government, and that measures of
importance are not likely to be passed before they have been
fully considered. It is very generally hoped that the Government will not wait for, or court, an adverse vote, but that the
Prime Minister, as soon as the electioas are over, will place his
resignation in the hands of the Queen, and advise her as to the
course to pursue. This is obviously the plainer and more dignified course to adopt, and some weeks of valuable time will be
saved. The probability is that Lord Granville will be called
upon to form a Ministry and that Lord Hartington will lead
the House of Commons.
In what way Mr. Gladstone's eminent
services will be acknowledged is a question of some difficulty.
His proper place should be as Prime Minister, but he has
expressed a desire to be excluded frrfm office, and to act as an
independent member. If he adheres to this determination, the
work of forming a Ministry will soon be accomplished, as a
subordinate position could scarcely be acceptable to him.
There has been a moderate inquiry for money during the
week, but the open market rates of discount are J^ per cent
below the official rate, which remains at 3 per cent. The dividends on the public funds have been distributed, and the Bank
of England has been repaid the advances made by it in anticipation of them. Although the money market is likely to rule easy
during the next few weeks, there is still no reason to believe in
any return of that depression which has been its peculiarity for

Riunburg

4
4
4

2%a258
2H^'~^

Petersburg ...
Madrid, Cadiz <fe
Barcelona
Lisbon <fe Oporto.

4

23sa25e
4

New York

4

3ia®4

Calcutta

past. There is evidently a more general demoney, and increasing means for the employment of

p. c.

28..'^

95

21a

summers

£
66,346
6,835,131
22,430,616
15,319,338
19.514,925
12,418,314

7.U0.105

Paris
.4^mstei-dam

for

1877.

£
27,8'J8,505

Bruescls
Berlin

mand

maintained, as

is

show that, among other causes, ample evidence exists
of the improved condition of oar commerce. The following are

:

From our own correspondent.
London, Saturd.ay, April 10, 1880.
The elections held during the week make it certain that the
Opposition will succeed to power with a good working majority.
This is very satisfactory, as it would have been unfortunate if
party power had been so evenly balanced as to mal^e the work
of governing a difficult process. No such difficulty is now
apprehended, and as many important problems have been
solved during the past six years, the Liberal party will be able
(

several

mora extended
good trade,

are, in fact, the necessities of a

and there is consequently no reason why business sbonld not
become active and remunerative. It will be a decidedly satis-

Do

47''ea4«
4'!ie»18'4
52fli6®52iiie

York...

Bombay

very moderate rate

it will

^ouctarvis igommcrctiiX gtigUsU '^cxvs

Parlg
Pails

423

There is still much to be said in faror
it are expected to arise.
of an improved trade, and each week seems to indicate thAt developments are taking place. Cheap food (a high price for
butchers' meat being the principal exception), cheap monej, a

factory feature

seek him ouN

On-

:

:

...

Frankfort

Qcnoa
Qeneva

2

•a>3i4

Vienna

4

Bt.

Copenhagen

Pr. ct.
308»3''8

6

5\36i4

4

4 95
51936
4 -3419
5199619

6
4^4ifl

6

This week's Bank return shows changes due principally to
the payment of the dividends and the repayment of advances.
is a decrease of £3,855,872 in the Treasury balances and
of £2,825,231 in " other securities." Notes and coin, in conse-

There

quence of the dividend payments, have been taken out of the
Bank, and there is a decrease of £77?,846 in the total reserve.
In consequence of the diminished liabilities of the Bank, the
proportion of reserve to them has increased from 43-90 to 45"40
per cent.
Tenders were received at the Bank of England on Monday for
£1,695,000 in Treasury bills, and the amounts allotted were as
follows In bills at three months, £1,150,000 do. at six months,
£545,000 tenders for bills at three months at £99 83. 5d. and
above received in full, and for bills at six months at £98 143. 7d.
about 70 per cent; all above in full. The rate of disconnt for
three months' bills is therefore 2 5-16 per cent, and on longerdated paper 2/^ per cent.
The brokers and dealers on the Stock Exchange who protested
at the end of February against the arrangements contemplated
in the case of the Atlantic Mississippi & Ohio Railway now intimate that their protest has been withdrawn, " in view of the
" present arrangements for the harmonious fusion of all in" terests."
Tenders were received yesterday at the Queensland National
Bank (Limited) for £2,000,000 Queensland four per cent debentures, and the total applications amounted to £5,887,000. Tenders at and above £90 6s. 6d. received allotments in full, and
those at £90 6s. about 2}^ per cent.
There Ls a moderate demand for gold for export, but it is
chiefly for Spain and India. The Continental exchanges are in
onr favor, and there is no present tendency for gold to move in
Yesterday and to-day,
the direction of any particular centre.
however, there has been very little inquiry, and a small supply
has been sent into the Bank. The silver market has been quiet,
and prices are somewhat easier to-day. In Mexican dollars no
:

;

;

—

;

.

THE ('HRONIOLE.

424
«hange has taken

place,

The

W

d.
SILVER.
per oz. standard, last price. .52 le
Bar sllvwr, line
do
521a
per
oz.
standard,
gold
coutaln'g
grs.
5
silver,
Bar
."...".
peroz. SB**
Cake silver
peroz. 0114
Mexican dollars
peroz. ....
Chilian dollars
Discount, 3 per cent.
Quicksilver, £6 15s. Od.

d.

.

Are still held with regard to the future of railway property.
Foreign government securities have attracted attention, and
Egyptian bonds especially have been in request, at advancing prices. There has also been a fair degree of activity in the
market for American railroad bonds.
The weather being favorable in most parts of the world for
the growing crops, and there being the promise of an early
harvest in some localities, the wheat trade has been dull, and
foreign wheat is quoted lower. English wheat is still in very
short supply, and sound parcels have changed hands at former
prices. The weather has been very favorable for the farming
Vegetainterests, though it has again become somewhat cold.
tion progresses satisfactorily, and a sanguine view is still entertained regarding the future.
Daring the week ended April 3, the sales of home-grown
wheat in the 150 principal markets of England and Wales
amounted to 24,668 quarters, against 43,856 quarters last
estimated that in the whole kingdom they were
quarters in 1879.
Since
quarters, against 175,500
it is

harvest the sales in the 150 principal markets have been
^72,913 quarters, against 1.704,800 quarters; while since harvest
it is computed that they have been 3,891,700 quarters, against
6,819,200 quarters in the corresponding period of last season.
Without reckoning the supplies furnished ex-granary at the

commencement of the season, it is computed that the following
quantities of wheat and flour have been placed upon the British
markets since harvest:
1879-80.

1878-9.

1877-8.

1876-7.

Imports of wlieat.owt. 37,026,562 28,959,5.'i8 38,958,159 22,437,041
Imports of nour
6,532,199
5,131,576
5,462,930
3,710,952
Bales of home-grown
produce
16,864,000 29,550,000 23,699.500 25,911,400
Total

Result

63,641,134

68,020,639

52,059,393

925,260

1,217,800

1,181,650

648,210

59,497,501

62,423,334

66,838,989

51,411,183

60,422,761

Deduct
exports
wheat and flour

of

IMPORTS.
1879-80
1878-9.
cwt. 37,026,562 28.939,558
10,300,126
7,253,686

Barley

Oats
Peas
Beans
Indian
Flour.

com

Wheat
Barley
Oats
Peas

Beans
Indlitn

com

Flour

8,327,206
6,477,543
1.357,021
936,464
1,647,379
735.855
14.058,321 18,579,594
6,532,199
5,131,576
EXPORTS.
1879-80.
1878-9.
ovrt.
835,741
1,127,122
16,160
88.705
66,990
58,855
84.573
11,745
26,372
6,837
564,955
289,963
89.519
90.678

1876-7.

35,858.159
9,004,436
6,677,168
1,081,786
2.230.209
18,373.834
5,462,980

22,437,041
8,990,339
6,176.987
811,841
2,931.636
19,520,136
3,710,932

1877-8.
1,143,438

1876-7.

37,302
19,124
15,748
13,129
124,233
38,212

626,021
33,141
96,666
19,783
18,945
304,238
22,189

following return shows the extent of the imports of wheat
•and flour into the United Kingdom during the past seven
months of the season, viz., from September to March, inclusive,

together with the countries whence those supplies were derived,
compared with the three previous seasons
WHEAT!
1879-80.

From
Cwt.
Russia
3,388,002
United States... 22,087,988
Brit. N. Amerie•a 2,986,348
Germany
1,639,141
France
6,993
ChlU
1,111,846
<feo

British india"!

Other countries
Total

.

Total

6,438,737

860

1878-79.
Cwt.
5,270,077
15,833,460
1,613,684
2,556,319
8,648
107,426
132,017
172.958

1877-78.
Cwt.
4,698.853
17,101,655
2,679,662
4,044,803
61,092
182,.596

984.524

973,860

175,809
474,285
3,561,316
778,380

35,140,012

27,253,028

33,738,457

1,798,531
1,136.781

'

577,.579

1876-77.

Cwt.
4,983,7.50

8,976,181

991,682
1,029,768
350,561
164,047
348,691
1,156,216
2,223.287
817,237
21,041,420

2,630,044
186,310
1,215,941

1877-78.
Cwt.
1,002,085
667.544
1,906,132
245,215
1,534,898

Cwt.
636,245
778.801
1,119,409
146,890
911,515

4,836,596

5,355,872

3,592,860

1876-77.

a return showing the estimated value of the
imports of cereal produce into the United Kingdom during the
first seven
months of the season, viz., from September to
March, inclasive:

Annexed

is

Wheat

1878-79.
£13..508,291
2.890,769
2,079,531

£20,628,564
4,613,807
2,841,030
531,542
660,850
4,114,908
5,421,444

Barley
Oats
Peas
Beans
Indian com
Flour

323,182
265,905
4,636,305
3,903,082

1

877-78.

£20.831.219
4,033,071
2,338,736
440,131
834,650
5.867,833
4,926,937

1876-77.

£11,443,890
3.333,.3.57

2,534,391

338,256
1.051,063
5,727,867
2,981,456

£38,812,123 £27,607,068 £39,292.577 £27,410,280
increase this season, compared with last season, is as
much therefore as £11,200,000, but there is a small diminution
compared with 1877-78.
The Board of Trade returns for March and for the first quarter
of the year have been issued to-day, and they afford satisfactorv evidence of the improving condition of our trade. The
following are the principal figures:
1878.
1879.
1880.
Imports in March
£33,168,660 £29,840,600 £37,633,944
Imports in 3 months
93,953,793
84,868,726 103,257,879
Exports in March
16,736,397
16,170,518
18,852,050
Exports in 3 mouths
47.060,628
43,030,105
52,269,616
The following figures relate to the three mouths ended
Total....

The

March

31:

IMPORTS.
Cotton

cwt.

1878.
4.618,390
EXPOHT.S.
1878.

Cotton
Cotton yam
Cotton piece goods
Iron and steel.
Linen yarn
Linen piece goods
Jute manufactures

cwt.

299,369

Ihs.

,56,761,300

1879.
4,306,342

1880.
4,292,299

1879.
1880.
397,293
430,880
50,818,500
48,076,000
863,545,700 1,060,056,900
409,100
927,536
4,443,500
3,459,300
46,301,800
53,339,400
33,094,500
44,611,900

920,902.400
436.506
5,302,000
50,4il.l50
yards.
yards.
27,197,400
Silk maiiuf.actures
£
453,171
472,810
482,028
British wool
lbs.
1,271,100
1,426,100
7,378,300
Colonial and foreign wool.ll>s.
32,405,297
52,205,.500
51.650,791
Woolen yarn
lbs.
6,239,700
7,323,400
7,619,800
Woolen cloths
jards.
10,907,000
10,189,700
11,088,300
tVorsted stuffs
62,939,000
yaids.
54,611.000
58,433,900
Blankets & blanketing. .j-ds.
1,528,100
1,446,700
1,530,300
Flannels
j'ards.
1,299,600
1,212,400
1,395,300
yards.
1,523,100
Carpets
1,569,900
2,047,200
manufactured
The following were the quantities of cotton
piece goods exported in March, compared with the corres-

ponding period

yards.

tons.
lbs.

in the

two preceding years
1878.
Yards.
6,687,400
5,876,600
6,733,000
6,043,200
9,886,200
910,600
806,000
22,167.300
6,443,100
1 ,877,900
3,756,500
5,094,300
3,032,700

1879.
Yards.
4,415,500
5,038,200
5,357,400
6,104,700
7.196,300
1,570,700
2,300,300
22,104,800
15,086,900
2,425,900
5,886,900

1,469,300

1880.
Yards.
4,094.800
3,842,500
4,876,100
6,600,500
6,024,300
600,800
1,902,300
14,021,400
9.155,000
2,013,000
7,368,900
4,444,300
2,843,800

5,076,400
14,986,100
2,131,300
6,387,700
2,931,700
3.947,700
33,190,000
3,179,100
5,323.600
1,820,900
1,540,900
1,455,500
3,888,500

4,496,500
15,913,600
1,899,600
6,215,500
2,151,300
2,346,600
49,121,000
3,463,000
4,304,800
3,291,800
1,325,600
2,138,000
2,228,600

3,535,100
19,811,000
1,873,500
3,440,400
5,396,000
201,300
43,965,600
3,151,000
5,709,600
4,418,300
1,013,100
400,600
3,739,500

3,675,700

4,409,900

5,260,700

1,307,900

2,039,300

1,840,700

30,543,500
5,736,100
75,298,300
8,610,.500

30,674,800
4,342,300
72,023,500
8,853,900

3,078,200
2,943.600
24,916,900

1,934,800
23,274.500

40,321,500
6,150,500
82,311,000
11,973,000
2,404,800
3,124,900
32,077,100

Total unbleached or bleached 233,391,300
Total printed, d.ved,or colored ,86,935,800
Total mixed materials, cotton
predominating
1,089,800

240,89 4,500
94,136,000

243,608,100
103,726,700

918,700

1,052,300

321,416,900

335.949,200

350,387.100

Exported to—

Gennany
Holland
France
Portugal, Azores

&.

Madeira.

Austrian Territories
Greece

Turkey
Egypt
West Coast

of Africa

United States
Foreign West Indies
Mexico
United States of Colombia
(New Granada)
Brazil

Uruguay
Argentine Republic

1877-8.

The

Turkey,

Cwt.
583,106
201,195

Italy

Av'ge price of EugUsh
wueut for the seasou. 463. lOd.
403. 4d.
528. 9d.
493. 5d.
The following figures show the imports and exports of cereal
produce into and from the United Kingdom since harvest, viz.,
from the flr.«t of September to the close of last week, compared
with the corresponding period in the three previous seasons:

Wheat

1878-79.

Cwt.
Germany
624,036
France
191.720
United States.... 4,316,448
Brit. N. America
235,888
Other couutries
1 ,030.645

1879-80.

stock markets have been rather quiet during the week,
but the tone has on the whole been firm. The railway traflJc
returns have been somewhat disappointing, but the value of
stocks has, in most exses, been maintained, as sanguine views

The

98,500

1879-80.

From—

8.
d.
d.
GOLD.
per oz. standard. 77 9 ®
BftrKoId, nno
77IOI3®
standard.
per
oz.
20
dwts.
silvor.
coiitiitiiiiiK
Bar RdUl,
® 75
per oz. 74
Spaiiisli doubloons
p«r oz. 73 9 ®
Soutli Aiiicriciiii doubloons
3I3®
peroz. 7B
United Stalos gold colu
P®' '"'• 70 3)431
Geiman KO ""i"

XXX.

FLOUR.

following are the present quota-

1aons for bullion

year; and

[Vol.

Chili

Peru
China and Hong Kong
,I.apan

Java
Philippine IsLands
Gibraltar

Malta
British North America
British West India Islands

<fc

Guiana
British Possessions in South
Africa
British

7,19;>,300

India-

Bombay
-

Madras

.

Bengal
Straits Settlements.

Ceylon
Australia
Other countries
.

Total

2,0-(5,600

Other manufactures of cotton show as follows:
1880.

1,017,781

1873.
118,185
78,653
1,001,366

£

80,546

78,113

89,135

Total value of cotton manu£
factures

4,651,937

4,598,458

5 ,054,311

1878.

£
Lace and patent net
£
Hosiery of all sorts
lbs.
Thread for sewing
Other manufactures, unenuraeratx-d

117,096
68,832

201.226
80,915
1,130,403

The imports and exports of bullion into and from the United
in March and during the three months ended March

Kingdom

31 have been as under:

—

Apbil

THE (^HRONJOLK.

S4, 1880. j

Imports

In

March

ImiKirtR

111

3

nioiitliB

ExportH til March
Kxpurtiiiu3 mouths..

1879.

1880.

009,234

1,063,443
6,386,59»
980,037
2,122,283

1,184,030
291,449
1,881,351

2,42 1, 7S4

...
...
...

.

1878.

l,29l,0.'^3

4,386,300
SILVKK.
1,613,401

Imports In Miiroh
...
Iniportri lu 3 inoutliB.. ...

ExportH III March
...
Expoils lu 3 mouths ...
IMPORTS AND
Import* In March
...
Imports lu 3 months.. ...
Exports lu March
...
Ex|M)rts in 3 mouths.. ...
.

740,880

1,403,7.55

780,717

4,.571,93l

3,194,391

1,.577,513

1,417,088
4,567,053

919,142
3,063,545

038,090
2,051,463

KXrOKTS OP OOUl AND RILrKB.
2,312,635
0,993,715
2,709,041
9,453,952

3,307,198
8,580,990
1,908,179
5,185,828

1,521,597
2,762,143
929,.539

—

Sllver.peroz
Consols for money
Consols for account
U.S. 58 of 1881
U. 8. 4iaHof 1891
U. 8. 4h of 1007

8»t.

Mon.

April

April

April

April

Thurs.
April

April

17.

19.

20.

21.

22.

23.

52

Wed.

TiiCR.

Liverpool Breadstuff* Market.

3...
Wint4!r,Wc«t.,n.
Spriiij,', Nil.

(I.

Southern, new .
Av. fill, white..

"
"
"
"
"

9
10
11
10
10
ccnt'l 5
"
5

—

Mon.

Sat.
».

Flour (ex. 8tatc)«cent'I.:4
0.2.
Wheat,sprV',No.2,1001b.lO

9

Wed.

Tuos.

t.

d.

».

d.

14
10

9

14
10
9
10
10

3
2

4

11

911

11

10 10

9
8

—

Sat.
d.

s.

Mon.
d,

8.

Pork, West. mess. ^bhl. 63
Bacon, loug clear, cwt.. 34
Shortclcar
"
35
Beef, pr. mess, S tierce. 76
Lard. prhiM! West. Vcwt.37 6
Cheese, Am. choice " 73 O

d.

8.

d.

^ gal.6
Pet'leuin, spirits " ..

d.

aSis

a

..

d.

6

.

@

6
....

d.

65 O
31
35
75
37 6
75

—

....

Fri.
d.

».

14 3
10 3
9 10
10 9

Thurs.
d.

8.

Tharg.

d.

d.

Fri.

6
..

Imports and Exports for the Webk.—The imports of last
week, compared with those of the preceding week, show
an increase in both dry goods and general merchandise.
The total imports were .1)13,273,708, against $8,938,879 the preceding week and $11,503,695 two weeks previou.s. The exports
for the week ended April 20 amounted to $7,555,588, against
$7,545,332 last week and $7,194,6*)2 the previous week. The
following are the imports at New York for the week ending
(for dry goods) April 15 and for the week ending (for
general
merchandise) April 16:
FOREIGN IMPORTS AT NEW YORK POR THE WEEK.
^877.
1878.
1879.
1880.
..
,x_ G'jods.
^ ,
Dry
General mdse...

$1,387,175
4,054,995

$1,399,783
4,459,335

$1,091,791
5,057,252

$2,727,954
9,545 754

Total week
Prev. reported..

$5,442,170
97,535,874

$5,859,118
84,793,996

$6,749,043
88,616.307

$12,273,708
141,971,476

Total B'oe Jan. l.$103,028,044

...,.,_

Total s'ce .Ian.

1.

* 1877.
$5,620,808
70,147,330

PortaRico

Porto Rleo
Am.
U. B. of Colombia.. .Am.

$90,653,114

1878.
$5,076,321
101,881,135

$81,774,138 $107,557,456

$95,365,350 $154,245,131

1879.

1880.
$7,555,588
98,538,535

$5,505 487

90,971802

.

Total for the week ($27,787 silver, and $5,000 gold)
Previously reported ($1,023,911 sUv., and $1,507,896 gold)

— -and

13—8tr. Adolf
5- Btr. Santiago
Cuba
Am. silv. coin..
llaytl
15-«tr. Hoiusa
Am. silv. coin..
17—Str. Cregoent City....U. 8. of Colombia... Am. sUv. coin..
Total for the week ($4,839 silver, and $1,536 gold)
Previously reported ($1,058,596 silv., and $1,104,763 gold)

..

Tot. sloce Jan. 1, '80 ($1,663,435 sUv.,

same tune

lu

$6,379025
5,484.791
4..'i95.89.i

15,809,452

1875
1874
1873
1872

84*
SCO

.

Same time In1879
1878
1877
1876

l,05O

750
$6 375
2,853,350

and $1,190,200 gold) .$2,859,734
Same time In—
Same time In—

1875
1874
1873
1872

$3,373,778
9,474,032
6,148,854
1,488,447

$5,456,081
1,190,590
1,101.075
623,048

1871
1870
1869
1868

$2,971,89S
0.308,883
8.314.442
2,642,438

The following table shows the receipts and paymento at th«
Sub-Treasury in this city, as well as the balances in the
for each day of the past week:
1

Balances.

Paymentg.

Reoelptg.

1,132.102 95

April 17...
"
19...
"
20...

"

21...

"

22

"

23...

42

408,042 89
09
963,705 64
416,132 52
1,670,339 68
2,204,338 89

6,282,252 45

6,627,324 71

908,519
890,620
507,420
749.340
2,028,248

.

Total.

— Attention

Gold.

37
99
31
41

1,064,7(15

102,605,242
102,708.005
102.5H5.432
102,040.916
101,702,120
101,534.060

Currency.

95

6,232,336 47
5,973.388 25
6,048,816 80
6,118,020 40
6,182,416 9»
6,234.377 11

45
15

34
49
89

called to the notice of the trustees and receiven
of C. C. & I. C. Railway Company, that they will pay at the
office of Messrs. A. Iselin & Co., No. 48 Wall Street, New York,
the interest coupons in arrears on mortgage bonds secured on
portions of said company's lines, viz.: Columbus & Indianapolis
Central Railroad second mortgage 6 per cent bonds, due Nov.
1879,

1,

§any

1st

is

and Toledo Logansport & Burlington Railroad Commortgage 1879 bonds and 6 per cent incomes, dae

'ebruary

1,

1880.

—Ship-owners, masters

of vessels and naval officers are inimproved edition of Beverly's Tabids
FOE Rapid Calculations of Latitude and Longitude. ThLs is
the fourth edition of this book, and it is published by Mr. R. G.
Hutchinson, 44 Maiden Lane, being handsomely printed on fine
paper, in good type, and Ls worthy of the examination of every
person having an interest in the management of vessels at sea.
vited to examine the

The Richmond & Alleghany Railroad is one of the prominent enterprises recently introduced on our market. The bonds
are brougnt out by houses of excellent standing Messrs.
Robins, Powell & Co. and Closson & Hays. A large amonnt
of capital has already been expended on this property, which
has recently been purchased at an extremely moderate price
from the State of Virginia.

—

—Measrs.

&

Elliman, bankers and brokers, will
to 37 and 39 Wall Street, to the
offices now occupied by Messrs. Latham, Alexander & Co.
Messrs. Buttrick & Elliman are among the prominent and
energetic firms in the Street, and will have in their new offices
first-class accommodations for customers.

Buttrick

remove on or about

May 1

BANKING AND FtN.lNCIAl.

FISK
NO. 5

ic

HATCa,

NASSAU STREET, NEW YORK.

FIRST MOBTOAOE BONDS

NEW YORK WOODHAVEN & BOCKAWAY RAILROAD

$32 787
..

3,131 1807

$1,512,896
- gold) ..$3,164,594
time in
Same lime-rIn—
$20,178,603 1871
$23,334,178
10.301.102 1870
8.097,853
18.126.439 1869
10,345. 1(!2
9,225,289 1808
20,390,047
.

•

»

COMPAlTr.

Annum,

Payable January 1 and July

1, in A'ew Xork City.
Phiscipal due is 1909.
TOTAL AMOUNT OF ISSUE.
$1,000,000
Price 100 and Accrued Interest.
The natural advantages of Rockaway Beach, with the ocean on one
side and Jamaica Bay on the other, euhauced by the cxten.sive improvements now in prograss and to be ciimplcted in time for the coniing^
season, will render it the most attractive sea-side resort in the world;
and when broiu-ht within easy reach of Now York and Brooklyn by a
double-track rapid transit railroad, with flrst-class apiwintnieuts, It
caunot fall to bo thronged with visitors from all parts of the comitry.

PXTRCBASE MONEY FUNDINO BONDS
of the

CHESAPEAKE * OHIO RAILWAY COMPANY.
Interost Six per cent per

annmn. payable January 1 and July 1 In

New York City.

Prixcii'al

.

Tot. since Jan. 1, '80 ($1,651,698 silv..

1879
J878
1877
'
6

70
100
1,090

1

$96,480,289 $106,094,123

. .

*'

1,424

gold coin..
For. gold coin..
V. B. of Colombia... Gold dust

Interest Seven jicr cent per

parison of the total since Jan. 1, 1880, with the corresponding
totals for several previous years:
Amil.
12—Brig Emma Dean .Cludad Bolivar
A m. gold coin
$5,000
KuiKston, Jamaica. Mcx. silv. dole
*
<)45
1 j^2.
^
Southampton
=:''•
Mex. silv. dols.
21,842
i4
J;"".",,
17— 8tr. c. of Nassau
Nassau
Mex. silv. doU.
5,000

Same-

$1,049

silv. coin..
silv. coin..
silv. ootu..

Am.

The following wiU show the exports of specie from the port
of New York for the week ending April 17, and also
a com-

=^

Am.

of the

In our report of the dry goods trade will be found the imports
of dry goods for one week later.
The following is a statement of the eiports (exclusive of
specie) from the port of New York to foreign
ports for the
week ending April 20:
EXPORTS FROM NEW TOEK FOR THE WEEK.

For the week....
Prev. reported..

Etna
HiulJl

13-8tr. Athos

—

Wed.

®

Frl.

65
34
35
75
37
75

®6i8 S'swe

®

d.

8.

14 3
10 3
9 10
10 9

10 11
10 11
9 10
9 9
10 3 10
5 51a 5 41a 5
5 5
5 4
5

8.

63
64
34
34
35
35
75 O 75
37 O 37
73 O 71
London Petroleum Market.
Sat.
Mon.
Tuos.

Petneum, ref.

14 3
10 2
9 9
10 8
10 10
9 10
10 3

Wed.

Tuos.

Thurs.

d,

$.

10
2
9 10
California club.
8
10 5
10 3
Com. mix.,W.oldB
713 5 7
5 51*
do do new.
7
5 61a 5 5
Liverpool Provigions Market.
11
9 11

I

1()-Htr.

12—Htr.

52

52'fl

—

Aiiril.

Frl.

51'8
Si's
51''s
08l»ig 98i3i» OSl'ig 9Slii6 9811ig 98l'i8
98l3i« 98l3ig 98^»
.... 98'»i6
OSHis 9811i»
IO-IOb
104^1
104»»
1041a. lOlij
1041a
IIII9
IIII3
llli-J
IIII3
lllifl
lllifl
109ia
lOOia
109ia
lOflia
lOOH)
1091a
£rlo, comiiion stock
44ia
44!'8
45ie
4519
441*
44''a
IO8I2
Illluols Central
IO914
109
110
109% IO913
56I4
Pennsylvania
55%
56
56
PhJlarfelphladi Reading. 34I3
34is
3458
34>3
3414
liiverpool Cotton Market. See special report on cotton.
:.d.

The imports of specie at this port for the same periods hav*
been as follows:

3,935.814

inarket Keporta— Per Cable.
The daily closing quotations in the markets of London and
Liverpool for the past week, as reported by cable, are shown in
the following sninmary:
London Money and Stock Market. The ballion in the Bank
of England has decreased £S,200 daring the week.
Eiik1I*Ii

4:>5

TOTAL AMOUNT OF

----due

in 1898.

ISSUE,
Price 107 and Accrued

$2,350,000

Interest.

These Bonds are the First Lien on the entire Propertv and Franchise*
of the Company, "rhe property, consisting of 423 miles of completed
road, represents a eapitul in irtock and Bonds of over $50,0; '0,000 ; and.
with the sti'iuly growth of the business of the road, and llie ;>erfectlon of
its connections and terminal facilities, now lu progress, it is rapidly
increasing in value.

Both the atiove issues of Bonds, of which wo have but a small amount
still

tmsold, are especially desirable for Investment purposes.

FISK

6i

HATCH

IHE CHRONICLE.

426

f<^OL,

XXX.

—

gite %mi\itvs'

mnzttU.

NATIONAL BANKS ORGANIZED.
States Comptroller of the Currency furnishes the
following statement of National Banks organized
Antliorized
National Bank of Kpa<Iin?, Pa.
2.473^'""^ The ConmifirdiU
^"iiiiK.
^ouiif;
...1
u,.K/>«/»rv. ...,i.i 1.. ,..,„it,.i
'raiiitai, $150,600; paid-lu cnnitul, $77,050. William
conmieuee
to
Authorized
Cashier.
Young,
K.
B.
President

The United

:

;

busincua Aiirll 14. 18S0.

Vnlted States Bonds. ^The market for governments has
Under the
been steady, but without particular animation.
Treasury purchases, and with the disposition of banks and other
corporations to hold their bonds at this season of the year, the
Afc
floating supply cf bonds on the market is growing smaller.
the Treasury purchase on Wednesday the total otferings were
$4,667,250, and $3,000,000 bonds were accepted.
The closing prices at the New York Board have been as fol
lows

•

:

^,
.
„„„:f„i
capital,
S 471—Tli.> FanniTB- National Hunk of Bryan. Ohio. Authonzp;!
President;
•

Edward Fostor.
Authorized to commence

$.'50,000: paid-in capital, $30.00i).

John W. Nelson, Cashier.
April 16, 1880.

68,1880...
68,1880..
6s, 1881..
68,1881..
58,1881..

DIVIDBNDH.
The foUowlnjt dJrtdends have recently been announced

Name of Company.

Per

When

Books Closed.

Cent.

Payable.

(Days iucUislve.)

Railroads.

May
Kay
May

15

7

2'ii

May
May
May
May

IJ3

May

$3 .50
A- Maine
$4
Boston & Providence
$1
Cedar Kaplds & Mo. River (quar.)

Boi<ton

Rank*.

5
3

German Exchange
Gcrraania
National Bank State of N.

Y

Paclflc (iiuar.)

nUHcellaneou*.

Iowa Railroad

Umd Co.

(quar.)

.

58,1881..
tV, 1891
4»S8, 1891
48,1907..
48,1907..

1

1

1

10

Interest
Periods.

business

April 21 to
May 1 to

May
May

1.

.9.

1

68,
Gs,
68,
68,
6s,
*

cur'cy,

.Teg.

coup.
reg.

coup.
reg.

coup.
reg.

coup.

,

reg.

coup.

189 5. reg.

1896.. reg.
cur'cy, 1897.. reg.
cur'cy, 1898.. reg.
cur'cy, 1899.. reg.
cui''cy,

This

is

the price bid

23, 1880-S P. M.
The Itloner Market and Financial Situation. With a relaxation in the rates for money, the financial markets have a

lows

more cheerful aspect. The condition of affairs during the
month of April has not been, upon the whole, an unhealthy
one, and the tightening up of the money market put rather a
wholesome check upon certain sorts of speculation that had
gone far enough. One of the principal benefits realized has
been from the gradual decline in articles of produce that had
previously risen to a point unwarrantably high ; and although
the decline has necessarily been attended with losses to those
who had purchased grain, cotton, pork, iron, &c., at the higher

has still been highly favorable in setting in motion
again the wheels of trade, in stimulating the exports of produce,
making a better supply of commercial exchange, and in releasing a good deal of money that had been required for carrying
these articles on speculative account. Navigation has opened
on the lakes and canal, and rates from Chicago to New York
were reported at 11 cents per bushel (60 lbs.) for wheat. The
railroad rates made last week were 30 cents per 100 lbs. for
grain from Chicago to New York. The quantity of grain forwarded by rail in March was the largest on record, but the following table of the grain movement for the winter season, December 1 to April 3 (18 weeks), from the Railroad Gazette, shows
that the grain movement was very little larger than last year,
not greatly larger than in 1877-8, but that all these three years
each of them showed nearly double the quantity carried in any
previous year
WlNTEIl EECEIPTg OF GRAIN AT ATLANTIC POSTS.

fol-

Range

since Jan. 1, 1880.

102^ Jan.
104^8 Jan.
103
Feb.
106% Jan.
Jan.
4s, 1907.... cp. 103
68,cur'ncy.reg. 125 Apr. 21
68, 1880.... cp.
6s, 1881... .cp.
5s, 188 1.... cp.
4I28, 1891. .cp.

10454 Apr.
106 Apr.
104 Jan.
109i4Feb.
107% Mar.
126>2 Feb.

Amount

April

23
20
29
17
31

17

1.

IS 80.

Coupon.

Registered.

Highest.

Lowest.

$13,863,000
176,938,550
290,660,050
170,038,800
514,793,050
64,623,512

$3,421,000
61,897,900
208,302,850
79,941,200
224,223,400

Closing prices of securities in London for three weeks past
the range since January 1, 1880, were as follows:
Apr.

Apr.

Apr.

9.

16.

23.

Range

and

since Jan. 1, 1880.

Lowest.

Highest.
I

it

18 w'ks prior

Atlantic
Receipts.

3.

ISw'ksprior
to Apr. 3.
1877-1878
1878-1879
1879-1880

Atlantic
Receipts.

1873-1874
bush. 33.832,589
bush. 62,831,537
1874-1875
28,229,136
64.442,932
1875-1876
32,260,991
64,820,643
1876-1877
33,283,254
In the money market there has been a decided relaxation
during the past four days, and since Monday last, when 1-16
per day was given, no higher rate than 6 per cent has been
paid. The prevailing rates on stock collaterals have, been 4@6
per cent and to Government bond dealers 3@4 per cent. There
18 not much doing in time loans, as the views of borrowers and
lenders are apart; but prime commercial paper is quoted about
5@6 per cent. There is little reason to anticipate that the long
summer period of excessively ea.sv money, with rates at 1^@3
per cent, will again be experienced in this market for some time
to come.
The Bank of England on Thursday showed a decrease for
the week of £8,200 in specie, and the reserve was 48 9-16 per
cent of liabilities the same as last week ; the discount rate
remains at 3 per cent. The Bank of France showed an increase
of 19,900,000 francs.
The last statement of the New Y^ork City Clearing-House
banks, issued April 17, showed an increase of $644,330 in the
reserve held, the surplus over the 25 per cent requirement
being $530,930, against a deficit of $107,400 the previous week.
The following table shows the changes from the previous week
and a comparison with the two preceding years.

—

1880.
April 17.

Loans and dis.
Bpecle
Circulation ..
Ket deposits

.

legal tenders.

Legal reserve.
Beaerve held.
BorploB.

the amount

were as

:

—

to Apr.

no sale was made at the Board.

The range in prices since January 1 , 1880, and
of each class of bonds outstanding April 1, 1880,

1

FRIDAY. APRIL

figures,

:

$284.2.'".0.80O

U.S. 58 of 1881...
U. 8. 4iasof 1891.
U.S. 4s of 1907...

105 ?> x04i£ 10458 XO413 Apr. 15 lOfi's Jan. 12
IIII2 lllH 111»2 109% Jan. 2 111?iApr. 10
1091a IO914 IO912 IO014 Jan. 2ll09'8 Feb. 19

—

State and Railroad Bonds, In Southern State bonds there
has been some weakness, and this is attributed in part to the
decline in cotton, which has been felt considerably throughout
the South. Bonds were in many cases put up as collateral for
loans, and, the margins on cotton having been exhausted, the
bonds have been sold. Some of the Louisiana bonds are returning from abroad, where they were taken when the price was
about 40 or lower, and, in addition to this, the outlook for collection of taxes in Louisiana, under the new constitution, is said
to be not encouraging.
Railroad bonds are strong, as a rule, on a well-distributed
business.
Messrs. A.

H. MuUer

&

Son sold the following at auction:

Bonds.
236
$33,000 United N. J. RR. &
Broivdway Bank
Canal gold bonds, due
Medi. Bank of B'klyn. ...181^
114i8aill4M
1901
ManUat. G'light Co.200®199
14012
3,000 City and County of
Pacific Bank
114i2®115
cent
per
San Francisco 6
Park Fire Ins
funded debt bonds, due
63
Etna Fire Ins
103
1888
115
7 Park Fire Ins
79is
5,000 Kans. & Neb. ER. 1st
5 Sterling Fire Ins
"TSH
mort
3 Franklin AEmp'm Ins. ..122
Shares.

50
25
100
100
30
10

—

Railroad and ITIlscellaneons Stocks. The stock market,
taken altogether, has been decidedly stronger than last week.
The relaxation in the money market as an effect, and the supposed change in the temper of leading operators as the cause
for this, are the influences which have had most weight in
directing the course of the market. The strongest statement of
earnings yet made, we believe, by any railroad company is that
of the Pennsylvania Railroad for March, the increase in net
earnings being $524,025 ; the increase for three months of 1880
on the lines east and west of Pittsburg is §1,759,723 in net
earnings. One of the most remarkable events of the past week
was the decline of about 34 points in Louisville & Nashville on
Saturday last without any adequate cause. A suit was brought,
in which damages of $225,000 were claimed, for non-fulfilment
of a contract made by the Nashville Chattanooga & St. Louis
Company prior to its control by the L. & N., and attachments
were granted; but this cause seemed to be too small
to create such a precipitate decline. N. Y. Ontario &
Western has been strong, and it is now believed that no redemption of the road can take place. As to Michigan Central,
Trunk
it has been reported that the Chicago line of the Grand
Differ'noes fr'm
1879.
1878.
of Canada from Detroit has taken oflf some of its business, but
previous week.
AprU 19.
April 20.
in the absence of any report of earnings it is impossible to
Deo.$4,220,100 $231,151,300 $232,113,400 speak with certainty. The Gould stocks have only been mod-

SO.O.IO.SOO Dec. 1,972.800
20.813.000 Doc.
144,900
253.519.800 Dec 2.748,000
13,866,000 Iqc 1,930,100
$63,379,950 Dec. $687,000
63,916,800 Dec.
42,700

$536,850 Inc.

$644,300

18,875,600
35.933,900
19,721.200
19,9^2.900
200,255.000 202.053.400
40,672,100
32,186,000
$30,063,750 $.50,513,350
R8,12 1,900
59,& 17,700

$9,483,950

$17,608,550

erately strong. The coal stocks have improved slightly, but
when a stoppage of mining is necessary to sustain prices
of coal, it is evident that a gain in price must be based
The Manhattan Elevated stock
on a sacrifice of tonnage.
has been well supported. At the close the tone was rather

strong.
The daily highest

and lowest prices have been as

follows:

April

THE CHRONICLE.

24, 1880.J

427

— Latest eamlnm reported

Am.

Clilc.

*

Chic*

Alt.in.

nrcf.

Flint & Perc Mar. Ist wk Apr
Har.it San A.Junuury...

Grand Tnink.Wk.eud..^p. 17
Western. Wk.end.Ajir. 9
Hannibal&St.Jo 2dwk Apr.
(ir't

prof.

HouBt-AToxasC. February
Illinois Cen. (111.). March
Do
(Iowa). March
Indiana Bl.&W.. 2d wk Apr.
Int. Afft. North.. 2a wkAnr.
Iowa Central
Febru.ary
K.C. Ft.S.&Gulf.lst wk Apr
Kan8.C.Law.&So.4thwkMar

Illiniiis Coiit..

.

I^akc Sliciie....
LoulHv-.VNiish
Mantuilturt
pf.

Do aa prf.
Mlch.Central..
Kn^rx..

NaMh.Ch.iStl.

NowCemi'oal
N.Y.C. &I(. K.

N.Y.L.K.AW.
Do
pref.
N.Y.Ollt.A W.
Northern Pao.

.

pref.

Ohio Central.
Obio&Mlan...

.

Do
pref.
Bt.L.I.M. i. So.
Bt.L.AS.Ii"nin.
Do
pref.
Do lat prf.
Sutro Tunnel.
Paeitlc.

;

Sales of

Range

since Jan. 1, 1880.

Week,
Shares.

Lowest.

Canada Soiithom

14,360

57%

Ai>r.

Ceutral of N. J
CliiciigoA Alton

60,92.5

761-2

436

99%

Apr. 16
Jan.
2

3.303 123 Apr. 15
141,420 7514 Jan. 5
1,088 100=8 Jan.
2
Cliic. & Nortliw
53,120 88% Fob. 11
Do
do pref.
1,784 104 Fob. 10
Cblc. Rock Isl. <t Pac.
1,046 149 Jan. 2
Col. CUic.&Iiid. Cent
7,613 I314 Apr. 16
Del. & Hudson Cana
18,567 70% Feb. 12
Del. l/ock. & Western 222,602
83 Jan. 2
Hannibal & St. Jo
22,105 31 Apr. 16
Do
do pref. 39,174 04 Jan. 7
Quincj-

St. P....

do

pref.

lUinolH Central
Lake Krie & Western

Lake Shore

Louisville ifeNasUv..

Manhattan
Michigan Central
Kan. & Tex.
Morris *k Kssex

Mia.souri

Nash V. Cliatt. & St. L.
N.Y.Ccnt.&Hud.Rlv
N.Y. Lake E.& West-

Do

do

pref.

Northern Paeitlc

Ohio

&

Do

pref.

Missisaippi

..

Pacific Mail

Panama
Phila.

&

7,525
4,200
71,725

Do
Do

pref.
Ist pref.
Union Paeitlc
Wab. St. L.
Pacific
Do
do pref.
Western Union Tel..

&

Kange from

99%
20%
98%
86%
25%

Highest.

74 1^ Jan.
90 14 Mar.
116 Mar.
152 Jan.
8.i3a Mar.
107»2 Mar.
97 Mar.

14
8

29
26
27
29
31
1 1012 Mar. 23
194% Apr. 14

Range for
Year 1S79.
Low High
45 14

33%
75

78%

384,230
332,271

2!ll>.390

400,1.59

4,220
12,420
9,023
94,930
96,555

13,900
94,265
5,000
6,485
1,700
10,140
62,450
63,585
50,323

Sept. 25.

t

63%

27
51%Ai)r. 12

28^8 Jan. 5
36% Jan. 5
168 Jan. 2
64 Feb. 11
46=8 Apr. 19
35 Apr.

49i4Jan.

68% Jan.
84%.Tan.

9473 Mar. 22 43
42I2 Feb. 24 I314
76 Feb. 24I 34

94

41%
70%

73^8 Feb. 2 37% 78%
36 Jan. 14 t 16
40%
60 Jan. 13 f44i4 65
4413 Mar. 6
7% 3333
62 Mar. 8 1038 39%
190 Apr. 13 123 182
72% Jan. 3 "13"
66 Feb. 17
5(i"
48 Feb. 2
3% 53
6O14 Mar. 8
4% 60%
8312 Mar. 9
9% 78%
9738 Jan. 19 57% 95
48 Jan. 27
72!% Jan. 27
116% Feb. 2t 88=8

6
3634 -Vpr. 13
64 Apr. 13
99% Jan. 6
Range fi-oin July 30.

latest railroad earnings

and the totals from Jan. 1 to
dates are given below. The statement includes the gross
earnings of all railroads from which returns can be obtained.
The columns under the heading "Jan. 1 to Iate.st date" furnish
the gross earnings from Jan. 1 to, and including, the period
kientioned in the second column.
Iate.st

—

Latest earnings reported.—-> ^Jan. 1 to latest date.->
Week or Mo. 1880,
1879.
1879.
1880.
Ala.Gt. Southern -.March
$17,829 $33.1.52 $154,457 $100,187
Alban.y & Snsci .February
104,434
82,387
l(iO,249
204,396
Atch.Top.&rt. I"e-2d wk Apr. 178,000 133,153 1,909, .500 1,456.059
Atl. & Char. Ail-L.February
85,899
63,979
168,287
121,688
Atl. & Gt. West
Ki^bruary
384,000 294,712
773,486
393,358
Atl.Mis.^. & Ohio. February
161,954 121,451
318,824
231,345
Bur.C.Kap.A No. .2d wk Apr.
33.376
23.080
608,211
372,753
Cairo & St. I.<nds. 1st WkApr
„._„.
8.384
5,147
87,087
59,324
Caua<la Southern March
409,189 226,378 1,003,702
611,483
Carolina Central. February .
48,213
45,383
8.'1.291
92,946
Central Pacific... March
1,2.50,000 l,280i272 3,488,614 3.426,129
Ches.AOhio
March
222.74!)
132.172
623.765
322.916
ChlcogoA Alton .2d WkApr. 132,906
88,415 1,883,958 1,148,229
Chic. Burl. &Q... February .1,180,853
982,377 2,391,091 2,087,475
.

*

14,930

331.0.55

469,1.52

477.619
103,200
180,404

136,219
303,081
135,165
2,047,410
139,694
1,214.529
78,154
691,737
396,788
98,665
7,765.679

80,033
1,473,4S1

00,427
704.879
80,800
S8>i,142

315,313
53,106
0,709,509
2,354.504

2.548,.599

495,890
59,883
665,354
138,262
95.817
99.272
57,741

393,625
25,468
538,610
81.672
65,234
74,083
43,631
7,684,531

9,306,313

469.679
3,836,720
226,363
356,987
182,900
1,715,335
678,002
109,301

449,748
2,876,223
165,955

227,280
1.58,.595

1,196,733

302,286
73,886

745,236
337,318
79,746
50,128
374,487

267,851
76,070
37,1.51

4,013,898
2,986,086

311,912
3,027,077
2,123,386

83,101

37,763

Mileage last year was 85 miles, azainst 147 miles now.

demand for securities.
The following are the rates

fair
^

Vork at the undermentioned

of domestic exchange on

—

New

Savannah buying
3-16, selling 5-16 premium
Charleston, steady buying %&
3-16, selling ^ premium
New Orleans, commercial par, bank
250 premium
St. Louis, 75 premium
Chicago, 75 premium;
and Boston, 40c. discount.
Quotations fof foreign exchange are as follows
cities

to-day

:

—

;

;

;

;

:

Apbil

5

5

.

(francs)

5
5

Swiss (francs)

Amsterdam

Hamburg

(guilders)
(reichniarks)

Frankfort (reichniarks)

Bremen

(reichniarks)
Berlin (reichniarks)

The following

are quotations
$4 84 ®$4 87
3 84 •a> 3 87
X X Reichmarks. 4 74 ® 4 78
X Guilders
3 92 ® 4 00
Span'h Doubloons. 13 70 ®16 00
Mex. Doubloons.. 15 45 ® 15 05
Fine silver bars .. 1 13383 1 14%
Fine gold bars
par®i4prem.
Dimes & % dimes. - 99%® par.
Sovereigns
N»ix)leoii8

84%»4 85
84 ®5 84%

5 83

5
5

Paris (francs)

Antwerp

Demand.

Sixty Days.

23.

Prime bankers' sterling bills on Loudon
Good bankers' and prime commercial.
Good commercial
Documentary eommorclal

S5S3%

82%S5 83I4
22%a5 20
23%®5 2m
22%®5 20

40 «
9414®
9414®
9414®
9414®

40 '4

"^
9458
91»8
9158
9458

87%a4 88
86%35 87

5

5

5 86 '35 86>s
5 85%«»5 86

5

18%»5 17%
-as 18\
18%S5 17%
iOHW 40%

5 20

5

94''8

—
—
—

uncommerc'l. — 87
English silver
4 80

Do

Pius.

New

silv. thalers.

silver dollars

95I4
95»4

9478 3'

in gold for various coins
99%»
Silver 149 and %3.
Five francs
92
Mexican dollars..
91 ®

Trade dollars

95 14
95 14

9

9478®

par.

»—
—
3—
« 4
»—

93
92
88
85
70

— 68
— 9914® — 90%
— 99%® par.

-

Philadelphia Banka—.Tbe toUls of the Philadelphia baoki
are as follows

Loans
1880.

Jan.
••

"

5..
12..
19..

Feb.

15.66;) ,259

15.8(W.394
1U.417.S81
16.931.434
t7.ai3.347

OS.IM.OUI
65,6';0,3a«
e(<."88,i;M

.

Mar.

1

8

.

15

ii
April 5
'^

12..

Lawful Money. Deposits. Circulation. A^g. Clear.

*
ti4.D31.7lO
61.I)IKI.42S

M,1155.180
84,072.102

.

.

27.5,027
1

2,51.5,870

111% 134%
Exchange.—Foreign exchange is only about steadv for 603438 82%
74% 102% day's bills, but short-date sterling is more in demand. The asking
4958 94% rates for sterling bills are % point lower than last week. On
767e 108
actual business the rates are about 4 84^ for 60 days and 4 87
119 150%
for demand. Cable transfers are 4 87M- There is little expec2518 Jan. 261
5
28
8638 Mar. 30 38
89% tation now that much gold will be exported, and we hear of a

Jan. 2 110 Mar.
Jan. 2 38% Mar.
Jan. 5 nils Mar.
Jan. 8 1641a Apr.
Apr. 1 .5713 Mar.
Feb. 11 9.'j
Mar.
Jan. 2 49i4Jan.
Jan. 6 llOiaFeb.
Apr. 14 128
Mar.

Apr. 16
Apr. 13

1

8978

100 14

3ll 79 14 100%
4 •16
28%
4' 67
108
11,870
2 35
89%
55,510
72 14
16 35
23,901 88 "4
5 73% 98
103,010 32
27
53s 35%
1,562 101%
28 75% 104%
2i,700 09%
5 35% 83
23,792 129 Jivn. 31 137 Mar. 31 112 139
290,730 41% Apr. Ki 4378 Feb. 2 21% 49

70
Readinj;

gt.L.IronMt.&South.
St. L.& San Francisco

The

1,154.316
562.001
502.061
1,244,618

'

pref.

&

405,508
103,139
2,893,647
1,287,984
639.836
591,832
1,355,233

.

West. Un.Tel.
These are the prices bid anil asked no sale was made at the Board.
Total sales of leading stocks for the week ending Thursday,
and the range in prices for the year 1879 and from Jan. 1, 1880,
to date, were as follows:

&

21,668
114,930
171,024
81,102
38,459
241,315

19,9.54

.

Wab.St.L.it P.

Do

.377,6.59

41,366

. .

.

pref.

Chic. Hurl.

17,345

9.'5,840

.30,479

16i',TO3

817,502
87,798
183,913
91,865
236,486
227,578
316,010

1.53,371

81,484
195,704
23,711
18.351
175,345

103,139
196,418
97,689
47,658
272,791
475,324
144,671
23.130
20.36»
58,200
ia,048
20,289
45,363
12.879
111,300
18,480
86,314
78,154
35,224
191,154
48,855

239,210
1,058,2.54

111,848
196,647
475,434
3 3,306
259,062

.

St.P.ASiouxC.

Cliic. Mil.

47,3156

10,741
S2,339
7,203

.

Bt.L.A.&T.ir

-Jan. I to latent d»t«.-<
1880.
1879.

$8,676 $172,877 9129.209
14,146
284,320
225,8; 2
156.004 2,800,000 2,013,'iIO
1,107,042 3,681.315 3.004,086
21,122
333,861
289.27.5
13,526
206,600
158,070

.

Do
pref.
Pacmc Mail.
Panama
Phil. 4 HeartV

Do

.,

1870.

132,001
21,080
23.338
43,130
11,350
9,183
K.C. St.J.<S:C.li.4thwkMar
34,832
LittleRk. & Ft. S.2 wks Apr.
8,972
Lnuisv. & Na8hv.2dwk Apr.
86,436
Minn. & St. Louis. 4th wkMar
12,749
Mo. K.an.dcTexa3.2dwkApr.
45,837
Mobile & Moutg.. January...
80,869
MobileA Ohio....2d wk Apr.
28,538
Nashv. Ch.&St.L.Feln-uary
158,034
N. Y. & Canada ..February
27,519
N. Y. Cent. & Hud March .. .2,854,835 2.474.392
N.Y. L. Erie& W.February .1,2.52.218 1,207,391
N.Y. & N. Engl'd. March
181,731
151,737
North Wisconsin. 2d wk Apr.
2,248
1,284
Northern Central. February
330,860 273,607
Northern Pacific -Febru.iry
56,419
44,658
Ogd. &L. Champ. 1st wk Apr
7,004
5,427
Pad.&Eiizabctht-lst wk Apr
7,009
4,783
Pad. & Memphis.- 1st wk Apr
3,703
2,410
PeunsylvanlVi
.March
3,278,186 2,603,068
PeoriaDec.A Ev. 4th WkMar
9,580
4,784
Pliiladel.&Eiie. .February
24.'j,372
237,000
Phlla.& Reading-March
1,4.57,322 1,041,142
Ren,sael.aer& Bar. February
111,912
86,406
St.L.Alt.&T.H. ..2dwkApr.
26,847
14,840
Do
(brch8)-2dwkApr.
12,120
11,711
8t.L.IronMt.&S.2d wkApr. 109,400
80,336
St. L. & Sin Fran .2d wk Apr.
43,449
19,449
St.PaulA Ouluth. March
37.896
27,808
St.P.Minn.&Mau.2 wks Apr. 165,555
74,945
St.Paul&S.'Jity..2dwkApr.
25,446
19,175
Scioto V.il ley ...-2d wk Apr.
4,697
5,089
Southern Minn. -.January...
50,128
37,151
Tol.Pcorla*War-2d WkApr.
24,643
23.984
Union PaciUc
1st wk Apr 393.901
287,775
Wab. St. L.& Pac. 2d WkApr. 237,519 148,929
Wisconsin Cent. -.l.'it WkApr
22,044
15,338
Wisconsin Valley. 1st WkApr
8,449
3,598
.

Mobile* (ihici.
Mn.Kaus. AT.

Union

.

(lal.

II(ni9.ATex.C.

Do

FebrunTy

Kastern

Lake ErleiW.

Do

March*

& No..2d wk Apr.
DiibU(iueiS.CIty.2d wk Apr.

Chlc.St.P.&M.
Clov.O. C.*I.
Col.Chlo.&I.C.
Del.&II.Caiml
Del.I.nck.&W.
Uon.&St..)o..

Mor.&

&

Det. Lnns.

CU.St.t..AN.(>.

Mar.&C.lst

Mll.&St.

Chlo.

Tlenv.H.P'kcSi Pac.

iiicf.

ClUc.K. I.&P.

Do

East.

Clilc.

Del.AH.Can.. l'a.I>lv..Fi;b..

Chlc.&N. W..

Do

1

.

III. .2d wk Apr.
I9,.'i8M
l'.2(l wk Apr.
202,000
Nortliw. .March
1,395,000
Ciiic.8t.P.<&Min.2il wk Apr.
31.137
Chic. &W. Mich.. Ibt wk Apr
16,201
CIh. Sand, it Clev.Mai'ch
04,631
Cln. & Bpringf. ..2dwk Apr.
15,227
Clev. Col.Cin.<feI.2d wk Apr.
68,294
(Jlcv.Mt.V.&Dcl.lst wk Apr
7,717

Chio Bur.AO.
Chlc.M.&St.P.
D((

Week or Mo.
18S0.
1 St w k A |ir
$ 1 ,8'.>8

M

Clilo.CI. Diib.(t

Ulst.Tel
Atl.&Pttc.Tel
Cannda Houtb.
Cent. or N. J..
Cent. PlolHc.
Clice.A Dhio..
Do l^tprf.
Do 2(1 prf ..

17,I20,l'.3

67,265.888
67.318,205
67.130.447
67,404.233
68.467,683
68.851,879

17.197,950
16,220.959
15.773.938
16.280.179
16,7S1.»I2
16,018.887
15.637.660

6.8.881,661

14,<»?.%7

69.246.055
69.646.276

14.62e..H01

15,073.600

52.608.250
53.898.593
S4.ae0.797
54.306.786
fi4.563.S82

54.673.099
86.186.186
83.627.183

S5.122.8U
55.397.217
55.941.988
Be.a5S.526
^^.8.^^.(M^

£6,499.192
5S.759.;34
66.590,931

•

12.0S9.S41
12.072.760
12,083,380
18.078.093
12.068 jess
12,076 Ji6S
12.050.483
12.068.666
12.093.660
12,089.138
12,073.948
12.092.147

45.951.614
80.218.107
80.508^885
60.866.646
42.963 641
48,(ie8,aeo

4a,8eo,oe»
63.161.064
S9.9(«.84e
53.634.753
42.1 9.H11
46.910.889

3 .516.148
304.'. If

12.07«.4,^3
12.101..'WO

61

12.118.893
12.123,000

49.651. ise
B0.174,03<i

THE CHRONICLE.

428

BOSroN, PUIL.lDSIiPMIA. etc.-Oontlaae<l.

BanUn—

The following statement shows
New Vork CHr
the condition of the Associated Banks of New York City for the
'Week ending at the commencement of business on April 17, 1880:

Loans and

Specie.

dlacounta.

New York
MechftDloa'

Union
Oltr

niton
allKtIn Natlon'l

utobers'&DroT.
dt Tr.
reenwloh

[achuilcs'

ManTrs

leather

erentb Ward...

Ommeroe
Iroadwar
Mercantile
•dflo
^public
Vortb America.

lanover
1

9.120.000

2,000.000
8.060,000
8,000,000
8,000,000
1,800,000
8,000,000
1,000,000
1,000,000
1,000,000
eoo.ooo
800.000
1,000.000
1,000,000
300,000
800,000
800,000
goo.ooG
800,000
800,000
5.000,000
S,000,000
1,000.000
1,000,800
488,700
1,S00.000
4B0.OOO
418.500
700,000
1,000,000
600,000
8,000.000
600,000
1,000,000
500,000
600,000
600,OOC

MAQhftttJin Co...

Mtlsens'

«a<aan

^rket
Bt. Nlcholan

Com

Ezchaose..
Continental

6,4a)!,800

6.508,400
6,710J100
4.403,800
8,007,600
8,803,000
6,880,000
3,048.300
1.887,800
18.S9i!.800

8,5»2.2O0
8,iKK).4O0

1,454.300

»84.U00
870.800
8,803,100
.864,400
3,688.800
13,106,1<X)

15,833,700
5,337.000
3,594,300
8,135.800
5.71S,300
3,300,100
1.37».3on
8,387.70C
7.951,(1011

8.8oa.0ou
11,581.000
1,7.>0.100
8.133,40C'

Importers'

i,eoo,ooc
1,000,OOC

A Tr.,

1,600,000
8,000,00C
500,00C
840,000
2SO,0OC
8,800,OOC
8,000,00C
SOO.OOC
750.00C
600,00c
1,000,00c
SOO.OOC
25O,n0C
200,OOC
750.00C
SOO.OOC

Mech. Bkfr. Aea^n
Mortb Klver
Xast Rlrer
Fourth National.
Central Nat
Second Natlon'l.
Ninth National..
First National..

Third National
N. V. Nat. Exch..
.

Bowery National
N. York<'<>unty..
Germ'n Americ'n
Chase National..
Fifth Avenue....

983.000
980.800
076.900
480.000
8,839,600
70,800
811.000
3,295,800
470.800
432,800
284,800
104,000
80,800
449,300
108,100
648,100
1,636.000
8,666,500
846.900
564,000
278,700
678,900
764,200
61.800
265.000
1.698.500
472.000
2.802.000
230.300
181.200
327.100
422.700
205,000
166.500
1,488,700
30.400
639.000
4,696.900
3.336.200
112.400
33,000
107.200
8,825,900
942.000

2.419.700
8,084,100
3.885.000
8.755.000
6,888.400
1,493,800
2.865.000
17,913,400
14,477.000
871.300
852.S00
1,017.200
16.576.500
8,388.000
8.447.000
55O,(]O0
4.309.700
558,500
12.365.500 3.049.400
7,844,3001 1,077,200
1.333,000
138,000
1..S83.700
27.Q0C
1.272,700
22,70C
2.308.O00
271 .40C
5eO,90C
3.050,900
1,548,400
322,B00

300.000
400,000

Marine

1,890,000
678,400
987,600

100,000

Sew York ft New

Netdept's CirculaLegal
other
tion.
Tenders. than U. S.

ll>2.000

176,800

*S-^
6S,60U
881,400
65,000
183,000
303,800
96,800
834,800
l«e.600
84,700
41,800
168.000
221.200
100.300
95.001
84,200
426.000
923.800
236.100
166.300
821.800
130,900
152.400
77.000
141,000
313,300
809.300
202.000
837,200
100.300
80.500
58.100
699.000
100.000
141.800
263,400
209.000
457.000
563.000
48,500
79.700
81.800
l,0'3e.200

709.000
184.000
313,300
870.50<i

608,300
96,200
275,00C
821,200
67,60C
146,90C
51,000

495,000

8.600,000
4,443,400
4,028.400
6,»19,7O0
3.055.600

816.000

628,000

2.600.000
6.8O7.4O0

658.766

cur.,reg

58,

627.900

8.880.500
8.795,000
10,578,200
4,192.300
3.276.800
1.990.000
3.214.700
3.358.600
1.198.500

1,428,600

900.000
179,500

8.'273.li00

Loans.

Specie,

t

t
19.753.800
19.876,000
19,912.000
20.017,400
20.140.100

1879.
'•

"
'•

Oct.
••

-

KOT,

":

6.... 257.386.800
13..., 856,960.400
20.... 259.391,000
87.... 860,763.700
4. ...286.384.300
11.... 268.701.800
18. .. .267.503.500

6,157,6(K,

1.362.800
3,0 15 000

180,000

;.«91.8CK>
1,S(01.000

1,774.300
3,481.000
2.829.400

19,322,500
16,85I,90C
628,400
810.200

l.097.2(;0

532.000
367,100

738,700
14,484.200
7,154,000
2.846,000
3,998,700
13.151.700
8,837.100
979.800
1.079.600
1,323.100
2,026,400
3.043.100
1,613,100

224.4U0
810,000
1,486.000

45,000
450,000
430,000
797,000
268.700
225,000
180,000

243,000

Dec.

144,900

22.56«.,300

26.383.600
27,082,600
29.B75.300
33,823,800

86 ...809.438„S00
1.... 271 .238.600
8.... 270.076,800

B-^^-^
60,006.700

iS----2S2-^-?S2

SS---22S'i%'^
- 29....
273.439.900 62,310,700
Dec. 6.... 273,101,100 54,771,000
i?----*5,7S0,100 54.069.400
I
S2----SS-2S**'iK 80.812,900
48,0,38,200
1880
Jan, 8.... 276,706,200 48,282,100
;

32----2ZS-JU9'}.2o

5i'?ZS'5!?9

7..., 290.381.600
14.... 890.445,200

52,994,600
54,746,500
59,887,200
57.4:3.300
5s,055.000
57,927,900

38.4.38.500
3:^,097.700

30,151.700
28,616,900
2!t,4S«.000

22,595,800
18.985.200
16,771,700
14,673 200
13.403,000
12,543,400
12,089,700
12,723,500

^.K*?.™?

242,087,100
246,?93:«oo

Stcubenv.

1913.

coupon

6s,

Chesap.

,

boat loan, reg,, 1635.
PenuBvIvanta 68,co*.if., :910
Schuylk. Nav.lst m.68.rg.,'97.

030,921,388
591,S59..'jflO

747 278 533
741448 440
798,960 748
701277 728
865 862 857
7-2 150 184
870 082 039

no
Catawlssa
pref
do

942.82-^768
779 955 847

Marvland 68, defense, J .& J..
do
68, exempt, lb37-..
6s, 1890, quarterly,.
do
do
58, quarterly
Baltimore 68, iSSl, quart
do 68, ;8S6, J.ftJ
do 68, 1890, quarterly.
do 68, park, 1890,(4,—
do 68, 1893, M. ft S
do 68,exempt,'9&,M.&S.
do 6s, 1900,
J
do 68.1902, J.ftJ
do 5s, 19.6, new
Norfolk water, Ss

13'<i

58M 52H
5o
69

54

Nesquehonlng Valley
NorrlBtown
North Pennsylvania ..

.

54^

10 1« 108
60>, SIX
54
54)^
1"!
17

Pennsylvania
Philadelphia ft Erie

Reading

Q—

33X

PhlladelpWaft Trenton
Phlla.Wllmlng. ft Baltimore

70H

Buff

If

pref.
do
8t. Paul & Duluth R.K, Com
do pref,
do
United N. J. Companies

BAILROAD BTOOKS,

!9H

722 003 389
666 418 518
SSOioulols

do
do
do
do

23.748,600
23:812:900

604 197943
057:095:260

do

2M

m.

68. '85..
6b, '^7..

.

107

114

cur. 79, le7^

ft Burlington Oi>.6s,'97.
Catawlssa Ist, IS, conv., '«2.
chat, m., lOs, T"
do

Cam.

Mar.

81.... 290.091, 200
..293.545.600
6.. ..297.135.500
13.. ..297.256.900
80..
87.. ..290,866,700

^i-^i?S.

April
..

"

S='iiM«'
51,773.800

io--^-5^'2S

10.... 288.4 <0.900
17.... 884.250,800

S'S°>S-2S
52.023.600
50,050.800

NOTE.-With December

dUOTATlONS

IN

264 404 200
207 128 100

15505,500

271651^6

14,168.000
12 130 400
11.652,400
11.533.10O
11,272,500

271012 800 21174 000 725419 85.^
271,483.400 21002 100 895 014 025
270 381.000 20907. OO 8278018+1

i?-S12'?«'
11.9:»,900
13,886:000

27 the Grocers'

A

Mo,, landi;rant7s.,.,
do
Kebr.fisEz
do
Nebr.6«
Conn. A Passumpsic, 7fi, 1891
Kaatern, Mass., 4),«, new, ,..
FllchborgBR..««...

_

do

92«

7«

Fort Scott A Gulf 7s..
Haritord 4 Erie 78
Han. city Top.* V» „ Is,

'

Bank disappeared from the

list.

OTHEFcmES;

SKOTTBITIXS.

Bid.

Aak

Bobton ft Albany
Boston ftLowel!
114W Boston & Maine
108« BoBton ft Frovldeace,
103
Burlington ft Mo. in Neb.
Cheshire -preferred. ...
'925^ Chic. Clinton Dab. A Mln
cm. Sandusky ft Clev

I47«
98>4
l'/9

:

99
130

131

147«

.

i49

64

75M

.

75t^

.

"

'

Ist

''• '"«••

* '•"•In
-•''"•''.'.r'"-'"'
Little
tie K't
K'k t Ft. Sri lth,7s,ut

hew lork & New Eug. is
UBdensBure « Laki- Cti.Ss.

107

Connecticut River

IT

1^

14l

:

Little

Rock

ft
ft

..

.

2d m.

.

7b,

IthacaA Athens l8t g d, 7s., 'SO
Junction Ist mort. 6«, '82.
2d mott. 6a, 1900
do
Lehigh Valley, l8t,6s,cp., 1898
do reg., 1893,..
"do

do 21 m. 7a, reg., 1910..
do con. m.,68,rg.,1923
6B,rp.,19.:3
do
do
Little Schuylkill, iBt m. 78, 'S2
North, Penn. Ist m, 68, cp.,'85.
•2dm.78,cp.,'9«.
do
do gen. m. 78, cp., 1903.
do gen, m. 7s, rog,, I90'i
Oil Creek ist m. 78, coup„'8i,
rittsb, Tltusv,ft B.,78,cp.,'96
Bcrlp.
do

Pa.AN.Y.C. A RK.7s,i8
1906
do

.

80

:

Phi a. Newt'n
PBlla.AUead.

common.
Southern
Council luHsl TO
Fort smith
r.3^
I

'

I

62
83
71
.n:t.l^

do
do

m
m

.

125

1

m, 68, '43- '44
'48-.«.
do
7s, cp.,9.'.

• In default, t Per share.
§ Cou, to Jan., '77. funi.ied.

J&J

'85,

108
109

no

108

109W

111

108HJ 110

120
lis
180

115
108
115

99

68,

lOOSi

t 107

long

110

D. Ist m. 7b, 'SO f
2d m. 78, *85
do
CIn. Uam. ft Ind., 78, guar. .1
CIn. ft Indiana Ist m. is
2d m. 7s, '77..+
do
Colnm. ft Xenla, 1st m. 7b, '90
Dayton ft Mich. Ist m. 78, '81-1

lOOM

Uam.

ft

U7«
118

no
130

103
100
105
105X
lOlH 108

no6

lOlii

A

Laf. Ist m.78....t 100

:12

Ind. CIn.

do (I.ftC.) lstm.7s,'88't 105
Little Miami 68, '83
+
CIn. Uam. ft Dayton stock.

...

108!i! 110
115J4I 116
1

Columbus

125
ft Xenla stock
54
Dayton ft Michigan stock
do
a. p.c. st'k, guar 119

15^ 116

113^1 nan
98Si 100

Little

t<2,'i,

123

n»«

10«H 107

107
104

lllH

6s, cp.,'8'. 10
7», cp.,'S8 112

1st

8d m.,

180

2dm,7s,'84.-t 103
do
3d m. 78, 'SS-t 108
do
Dayton ft West. 1st m., '81...
1st m., 1905,1
do
1st m. 68, 190) tlOl
do
18i>«

180

180 >< 181>X

Miami stock

LOUISVILLE.
....

..,,

N.Y., Ist m.

ft

155H :67

Connell8vllle..50

-I

I124

Pennsylv., lat m., 6s, cp., '80.. 102>s ....
gen. m, 68, cp.. 1910. 116
118
do
gen. in. 68, rg., 1910. 1 ia>^ 119
do
con8.m.6(«, rg., 1905. 118
do
cons, m. 68. cp., 1905.
114
do

ft

119
109

119

do
78
t
7-30S
do
t
South. KR, 730s.t
do
do
do 68, gold.f
Hamilton Co., O., 63. long., .t
7s, 1 to 5 yrB..t
00
7A7^30s,long.1
do
Cln.ft Cov, Bridge st'k, pref.
OIn,

. (

gold, -96. 108)»
2dm.f .ecrlpg.,;8 ....
Sdm.cona. 78, 95''. 67>i

do
do
do

Erie l8t
2d
do

,

A

Ss.perp.

do

106
Harrlsbnrg iBt mor> 68, '83.
H. ft B. T. iBt ra. 78, gold, '90
l8tm. 78, fj. g.'o9 ...
do

Phlla,

Cltchburg
.
.
12:%
Fort Scott A Gulf, pr,sferrei|

„ do
,,
K.
C. Law.
K. C. St. Jo.

ft

,

56
Conn, ft Passumpsic...
i?S« 115)» Eastern (Mass.)
Eastern (New Hampahlre)

,110^

Bound

Br., Ist, 78, 1905 116
KastPenn. iBt inort. 7b,
El.ft W'msport, ikt m.,78,'S0. ICO

Del.

180
181
781
111
181

120

CINCINNATI.

Navy Yard 6a, rg,'81
do
Penn, Co 68. reg
Perklomen Ist ni.6s,coup„'9i

Concord

o- «...
K. C Ity 1 awrrnce A So. 4). ..
Kaa.cily, bt. Jo.&C, B.is.

'•°

795314'fll

Old Colony, 7>
118 Js
old Colony, 68
109H
Omaha ft 8. Western, 88
Pueblo ft Ark. Valley, 78..., 108K 110
Kutiand 63,181 mort
95
Vermont Jc Canada, new Ss
Vermout ft Mass. KK.,Sa.....'
STOCKS.
Atchlfon ft Topeka
129X 130
At^hliOQ ft Nebraska
80
81

A Tcpoka Ist m.7s

do
land grant 78
do
2d7«
nOi
do
land Inc. 36..
Boston * Maine 7s
boston A Albany 7s
128
do
8a
112H
Boston A Loweins
do
ts
106
Boston ft Providence 7s
122

Bnrl,

il.^fw

264 538.200 20 97.5.800 748«1804
280,310 500 20 995 200 641 «3'ofi7
25":306 856 56 98i;.1oS ?ii:o?8:«?o
256 267 800 20 987 900 810 774 sum
253:5i9,800 20,M3:60O 849;w7to3

Bid, Ask.

BOSTON.

Ateh.

21599 600 68,3'«3'3^7

BOSTON. PHILADELPUIA AND

BSCmBITIJIS.

720978130

2l'e83'20O

ft

Cincinnati

new 7s 1900.
do
Connecting 68, 1900-1904.
ChartlerB Val., Ist m, 79,C.,1901
Delaware mort., 6s, various.,
.

16,437,900
16,086.000

119

113

116
108
180
115
109i<
Mar. A CIn. 78, '92, F. ft A ... 109
do
2d, M.ft N
81Ji
89, 3d, J. ft J
do
47>B
Union RR. Ist, guar., J. ft J., 103
CanioB endorsed, 108
do

.

Feb.

110

US

116

do
68, 1900, A.ftO.
do 68, gid, 1900, J.ftJ.
Cen. Ohio 68, Ist m.,'90,M.& S.
W. Md. 6a, 1st m„ gr.j'90,J.ftJ.
do Ist m., 1890, J.ftJ....
do 2dm.,guar,, J.A J
do 2d m,,pref
do 2dm.,gr. by W.Co.JAJ
do 6s, ;id m.. guar., J.ftJ

6s,coup,'S3

mort.

108
113

108« 109
Wash. Branch. 100 150

!Jorthern Central 6b,

15X

68, coup., '89
68, '89. . .

do
do

106M

.

& Atl. Ist m. 78. g., 1^9

Cam.

114
113
10s

100

Plttab.ft Conueir8V.7s,'98,JftJ

..

is.E. eit.,1910
22
Inc. 78, end., '9-1
Belvldere Uela, I8t m.,68,1902. 118

Camden ftAmboy

no

lOS
110
108

3A1LB')AD noNDS.
Ohio 68, 1830, J.ftJ.... !01« 108M
106
108
6a,13S5,A.ftO.
do
M. W. Va. ad m.,guar.,'85,JftJ 105 ,108

do
do

m.

79

Bait, ft

Allegheny Val.,7»-10s,19»8... 115« 117

2d m.

100

prif
8d pref
let

Pittsburg

SUH S7H

pref..

3d

80H 81
101«

5
Parkersb'gBr..50
50 3J«
Northern Central
7
50
Western Maryland
50
Central Ohio

pref,.,.

RAILROAD BONDS.

do
do

ioe;<

t04X 104«

Par.

Ball, ft Ohio.,,,

38
37
160>4

Chesapeake * Delaware.
Delaware Division
Lehigh N avlgatlon
Morris
do pref
Pennsylvania

^isSi^S

106

BALTinOKE.

Little Schuylkill
lilnehlll

do
Susquehanna

108
111

do
'^d m. 68, reg., 1907
do 68, boatAcar,rg.,l913
do 78, boatftcar,rg.,19l5
5uBquehanna68, coup., :9i8.*

new pref
do
Delaware ft Bound Brook.,,.
East Pennsylvania
Elmlra ft Wllliamsport
pref..
do
do
Bar. P. Mt. Joy ft Lancaster.
Huntingdon A Broad Top...
pref.
do
do
Lehigh Valley

Schuylkill Navigation.

107
110

.Viorrls,

Atlantic.
prei
do

ft

van

Dela. Ist6s. rg./8e

ft

Delaware Division 68, cp.,^8.
Lehigh Navlga. m., 6b, refT.,'81
do mort. KR., rg ,'97
do m. couv. g., r*-g.,'94
do mort. gold, '9
do cons. in. 7s, rg., 1911

RAI1.R0AD 8TOCKS,$

ft

118

lstm.7a,'99
do
coiiK, 68, 1909 ....
do
Western Penn. K«. 68,cp.;899 105!«
do
08 P. B.,'96. 106
CANAL BONDS.

78,w't'rln,rg.ftc:i.
3tr,lmp.. reg. ,'33-86.

ft

80

84),

ibs
Texas ft J'ac. Ist m ,68, g., 1905
do
couB. m.,6s,g.,1905
96
67
do
Inc. ft I. gr.,78 1915
'90.
Union A Tliuav. 1st m. 78,
88
United N.J. cons. m. 6s, '94
Warren A F. Ist m. 7s, '96..
lOlM
no
West Chester cons. 78, '91.
118
10«
West Jersey 68. deb., coup. ,'83
118
do
Ist m.6s, cp.,'96

N.Jersey 68, reg. and coup...
exempt, rg, ft coup.
do
Camden County 68, coup
Camden City 68, coupon
78, reg. A coup.
do
Delaware 68, CO upon

Cemden

111

.

Allegheny City 78, reg
48, coup. ,1913
58, reg. ft cp.,
do
6a, gold, reg
lo

aarrlsburg City

19it
1901

Ist, 6b, 1884.

t^yra.Gen.ft Corn',: ,181,78,1905

68,oia,reg.
do
do 6B,n„rB.,prlorto'95 118 128
do 6s,n.,rg.,1396ft over 122 123
101«
do 49, Tarioux
Allegheny County 58, coup

io

Ind.

ft

Stony Creek Ist m. 78 1907....
Sunb. Ilaz. ft W.,l8t m„5a,'2i.
Sunbury ft Erie Ist m, 78, '97..

CANAL STOCKS.

L. Tenders. Deposits. Circulation. Akk. Clear
t
t
t
t
40,088,900 226,635,600 21,372,300 452.,<)45.«65
89,481,100 823.572.900 81,60.3 500 507.109.348
228,271.000 21.;»4,900
229,883,000 21,531.900
231.980.700 21,932.400
232,730,500 22,080,100
232.805,300 22.28«,M)0
231.668.000 22.448 700
234.412.000 22,600,500
231.927,700 22,341,500
239,201,200 22,475 700
250.297.300 22,550,400
247,195 500 2,3 024 800
247 030 100 23 235 1
247,559 200 23463,800
246,118600 23 631900
242,062;200 23:732;900

do
do
7», reg.,
ShamoklnV.ft Pottav.Ts,

....

West Cheater consol.
WestJersey

1

42.029,400
40,047.700
38.093.500

Phlla. Wllm. ft Bait. 68, 'SI..,
Pltts.Cln.ASt. L. 7B,cou.,190C- 115

S8,new,reg.,16!*i-1«K 115

ilo 78,

800.000
438,000
45.000
268,100
3.900
446,600
450,000
450,000
4,600
751,900

7.835.200
8,590,900
11,089.000
1,700,900

following are the totals for a series of weeks past:

.

Sept.

64

Pittsburg
1,123,900
267,000
5,400

|

liwal tenders

SIX

118J4

«s, 10-15, reg.,HT;-'82. lOlk
«8, 15-25, reg., 1882- '92, 107>J
68, In. Plane, reg.,1879
Pblladelplila, 58 reg. ...

8.070,900

Circulation

117

58, rci!., 1S8 -1S32

Pittsburg TltuBV.

I

SSJd
li2}4
106

58. g'd, lnt.,reg. or cp.

do
do
do
do
do
do

Ask

Road, dcbcn., cp.,'!8'
do
cps. oil

54)4
scrip, I8S2
87>4
In.m.7s, cp,1396
89
cons, m. 7s, cp,,191!,.
118«
cone, m, 7s, rg.,i9:i.. llHJi 380
cons.m.68.g.l.l9U. . 108>t
vea. ra.B.", i90S ..
86X
Imp. m. 6'g,,1837,
conv. 18, 1893'
7s, coup, off, '93
Phll,AU,CoalAIron deb. 7s,92
do
deb. 7s, cpa.oQ
do mort., 78, 189'2-3
90

60?i

PHILADELPHIA.
Fenna.

1.074,300
12.418.800
8,676.600
2.148.600
1.235,700

:

1.972.800
1,930,100

31

Bid,

BXOTTBITIXft,

A

do
do
do
do
do
do
f o
do
do
do

BTATB AND CITY BONDS,

de7iation8 from returns of previous week are as follows
Ijoans and discounts
Dec. t4,280,100 Net deposits
Dec. (8,748.000
Deo.
Inc.

601,

Worcesterft Nashua

The

The

Kngland...

Rutland, preferred
Vermont A Maasachnaetts.,

60,475,800 884,250.800 60.050,800 13,866,000 253,519,800 20,843,000

Specie

Ask
Phil.

Northern of New Hampshire 96
137 i4
Norwich ft Worcester
egdenab,ft L. Champlaln ... 33H
pref..
78
do
112
Old Colony
Portland Saco ft Portsmouth
Pullina[i Palace Car
Pueblo ft Arkansas

Pnlladelphla

Total

Bid.

aSOTIBlTIKS.

Manchester A Lawrence..,,
Naahuaft Lowell

Areraee amount of
Capital.

itanlu.

XXX.

rv^oL.

I
I

t 108)i US
t 104H 108
t 104 >< 105
water 68,'87 to '89.1 104M 105
68,
water stock
'97.1 104)4 105

Louisville 7b
do
68,'82to'87
do
6s,'97to'9S

do
do
do
do

fi

wharf 68
spec'ltax6sof

Lonliville

Water 68. Ce,

1

704)4 lOfi

'89.1 104

1907

1

M

loe

107^ 107i«

l05>4jJefl.M.ftI.18tm.(l«M)7b,'81t 100
2d m.,78
do
11 105
do
Istm., "8,1906. ...t 115
Louiav. C.& Lex. Ist m.7s,'97* 115

101

105^
115X
115)4

LoulB.ft Fr'k.,LouiBV.lu,68,'8!

Loulsv, ftNaBhvllle
Leb. Br. 6s, '86
t 104K 106
Istm. Leb, Br. Bx.,7s,'80-85.t 104 loe
106
do
104
Lou. In.
68, '93...
106
Jefferson Mad. ft Ind. stock, 103
t

and

Interest.

THE CHRONICLE.

mo.)

Aprii. 24

429

NEW

QUOTATIONS OF STOCKS AND BONDS IN
U. 8. Bonds

and

Railroad Stocki are quoted on a previous page.

active

YORK.
may be,

Prices represent the per cent value, tehateter the par

STATB BONOS.
8 to 5
small
,

CIus A, 2 to 6,
Class B, 58
Class C. 2 to 5
Arkunsii!*—fi!», funded
78, I,. Koc-k A VI. Scott
Melup. &

Kock

.

88
HO
75

.

H

A

87
70

MIchlKan—6s, 1883

3
S
3
106
99
110

Genr^la—68

now

5

lU

endorsed
gold
l66'
100

Illinois—«s,ooupon, 187U...

War

loan

100

Kentucky—68

100

'«0

Asylum

due

ur Univ.,
FundlnK, 1804-90

&

vnn

106

es,due 1887
ds.duo IHHS
6a. duo ISMUor

Hannibal
do

Nu. Car. UK.,

St. Jo., 1886.

do

1887.
New York—6s, Kold, reK.,'87
69, Kold, coup., 1887....
6b, loan, ISK'J.
1881
8b. do
New York-Oa, loan, 1802

bonds.

do

lioji
106
106
107
107
106

10
10

18W
isS

3
3

Ohlo-6a,1881

117
118

11

11

1^

Special tax. class 1
class 2
do
do
class 3
6a. 1888

Rhode Island—68.00UP. '93-

new
new

SB

aerie*

VlrKlnu-«e, old

17W

UK

Chatham

69,
8s.

so
90

J.AJ
A.*0

"

)-

Tenneaaee—Ob, old

110
110

J. ft J

do
A.40
coup. oIT. J. A J.
do
coup. off. A.& O.
do
Funding act. 1866
1808
do

Now

*92

Bid.

Sooth Carolina—
Oa. Act Mar. (8, 18W.
Non-fondable

A.iO

68, old,

188!i or '83

duo 1886

68.
,..

York-es. loan. 1803 ..
North Carolina—69. old.J AJ

lU

18U0

MctmiTiu.

Bid. A*k.

BCOITBITISS.

New

48M

46
103

small

78,

Missouri -6s,dus

3

.

Connoctlcntr-Cfl...
78,
7s,
78,

Louisiana-76, consolidated

4

Iss.

B«

7s,
N. O. UK,
P. B.
78, I,.
78, Miss. O.* H. II. BK...
78, Arkansas Central KH.
\..

69

78,

m
10

Bid. Ask.

sEOURrriKS.

Bid. Ask.

SBCtmrrias.

Alabama— Claim A

6«. new. 1H66
6«. now. 1MH7
69. cons«>l. bonds
6a. ex matured coupon....
6s. consol., 2d series
6s. deferred
D. of Columbla-8'6S9, 1024.

MM
93^

Small

102«

Ilegt9tered

109
113

Funding 59, 1899
do
regtatefed

WW

BAII.ROAO AND iniSCEI.I.ANEOVS STOCKS AND BONDS.
Chic. M.ASt.P.-Contlnued
B.-west dlv., 1st Os, 1909. :io»
Ist 58, J^C. A Dav.. 1010.
85
Chic. A Northw.—
109
Sink, f'd

)lailroad Stocks.
preciouulu quoted.)

{Actitje

Albany k Susquehanna ....
Boston ,t N. V. Air 1... pref.
Burl. Cellar Hapids & No...
Cedar Kails k Minnesota.
.

548
j

.

&

;8

hh

Clev. & I'lttaburR, guar....
Dubuque & Sioux City..

127

112

I^ong Island
Loulav. N. Alb.

A

46U

Chic.

N.Y.Klevaled

do

do

Rensselaer

A

.

\(\i

.

{

§

Ogd..

.

nsw

ii7)i
113
120

52Q

39

Americtia h'xpress
United Stal es Kxpress
Wells. Fargo A Co

f^

106

60

.

Climax Mining

A Iron
Consolidation Coal of Md..
Cumberland Coal A Iron..
Colorado Coal

S:
5

37'

35

f>m

Deadwood Mining

Excelsior Mining
Gold A Stock Telegraph.

Homestake Mining

32>i^

Mining
Mining
Uttle Pittsburg Mining ...
6
Mariposa L'd A Mining Co..
S3
do
do pref.
Maryland Coal
21
Montauk Gas Coal
Ontario Silver Mining
134
Oregt»n Knilway A Nav. Co. 51<*7
Pennsylvania Coal
201
Pullman Palace Car
5II7
Ija Plata

6X

do
pref
Silver Cliff Mining

85
}4

StandaraCons.GoldMlnlng

'il

Bur. Ced.K.A North.— l8t,5s

1st

guar

m

'90.

lat consolidated

do
assented.
Oonvertlble
do
assented

I.

..."

120}<

A

ui

t

—
C—

124
91Ji

i85S<

8&

106U

lOtll

!0«>|
lOOJt

110

A

new bonds.

Cleve. P'vllle A Ash., 7s
Buffalo A Erie, new bds. ..
Buffalo A State Line, 78.

74?i

62

99H

lOlM

llOH ni>«
109«
114

116

117W

iii«
lOlSi

Decatur,

Marietta A Cln.— lat mort
1st mort., atcrllng
Metropollt'n Blev-lst.looa
Mich. Cent.-Coos.. 7s. 1902

t05Ji

Equipment bonds

s. f..

98M

Pur. Com. rec'pts, lat.E.D

Istpref , inc. for consol

121
107

63. 1909

.

.

Wabash RR.-

'79

T.A'Wab., lat ext.7s.
lat St. L. dtv.78.ex mat.cp,
Consol. conv.. 7s
Gt. Western. 1st m.. ex cp

do 2d m.,7s,'93,ex cp

129
128

Nash.Chat. ASt. L.-lst

7s.

N. y. Central-68. 1883

100«

t.

lllHi

noH
*103

Aod accrued

A Hud.. 1st m., cp.

.

N. Wlsoonaln- 1st. 6s
isteteot.

t

No

price to-day

;

LAJ.

+112

7s, gold, 1904

Virginia— New 10-409
rwit-dite-

38

RR.— 7a

7s,

A Col.—78. lat m.

guar

-Macon

& Aug.— 2d, endora

sm
53
45
65
1695s

3d
do
4th
do
N.Y.lAkeK.AW.Inc. 68.1077
Ohle Central-lnc. 1920....

these are latest QvotaMeoa

uade

tbla

mortgage, 8e, B
A Jacks.— 1st m., 8a.
Certificate, 2d mort., 8e. ..
87« Norfolk A Petersb.— Ist, 8e.
1st mortgage, 78
2d mortgage, 88
Ist

N. O.

75

I

....

mi
do"
B8
24
100

70
106
10«

week.

106
118
lis
40

Coupons.
80

Tennesssee State coupons.
South Carolina consol....
Virginia coupons
coiiscii. coupons.
do

Stock
Georgia

95

....! lAkeErieAW'n-Inc7s,'9e
125)^
125!4iI2«iti Ij>f. Bl.A Mun.— Inc. 7. 1899
nO!4 112
.MobllcAO.-lstpref.debcu
91
2d pref. debentures
91H

do
ist m., reg.
Huds. R., 7s, 2d m., 8.f.,'&
Canada South., lat. Int. g.
Harlem, lat m.. 78, coup.. 12«x
do
1st m.. 78. reg. ..
N.Y. Klevated-lst. 7s.l906|

TO

Stock
Greenville

Cent. Iowa coup, debt certs

,

98'

.

78

73
74

62Ji 63
68
70

31
81

•a'
51
i

93
105
95
96

West Ala.— Ist mort., 8«
2d mort..

89.

guar

No «MtoUoa U-'U.r,

100
110
96
107
100
100
108
lis

70

85

lie
105
103
100
100
100

11»

107"
110

116"
lOlH 10«
97
30
108
106
114
100

no

107

100

31W

105

in
116
108
113

118

idi"

7b.

102
196
lis
106
107
104
108

—

17
73

Northeast,. S, C.— Ist m., 8a.
2d mortgage, 8fl
Rich. A Dun.— iBt consol., 6b
Southw. Ga.—Conv.. 78. '86.

Stock
74M 8. Carolina RR.- let m..
Stock
*»H
40
7s. 1902. non-en Joined
Noii-mortg. bonda

73!
43;

80
106
110

E.Tenn.A Va.—6a.end.Tenn 98
108H B. Tenn. Va. A Ga.— lat, 7b 109

109

1919.

IndsBl.AW'n-lnc, 1919.,
ind's Dec A Sp'd, 2d Inc..
Int. A Gt. Northern— 2d Inc
Leh. A Wilkes B.Coal— 1888

5K
94"

110
103
99
106
lOO
OS

96
Teitts-68. 1892
M.AS. +104
7s, gold, I892-1910..J.A J. +111

St.Chaa.B'dge.lat, 73, 1908 104
105!i MemphisA Cha'ston- l8t,7B
North Miaaouri. Ist m., 7b 116 116)i
2d. 7b
Wjest. Un. Tel.— 1900, coup
116
Stock
loiH
116
1000, registered
MisaiBBlppt Cent,— lat m., 78
Spring. v"yW.Works-l8t 68 *100i,i
2d mort.. 8e
Oregon R. A Nav.— lat, 68
MIsB. A Tenn.— lat m.. 8s. A

114

60
25

STATES.

101«

108>i

76
43

10^

(JSroi'«r«' Quotattoru.)

—

St.L.

loosi;

6s, 1887
6s. real estate
6s, subscription

27
84
60
50
22
86

N. Carolina.— New 48
So.Carolina— Con,. 6s(good)

ma

lis
109
109

5

86U
07g

RAILROADS.

111.

b.. 6a,

6S

108
80
105
70
39
106
55
20
6

95

Ala.AChrtt.— Kec'rsctfs.var
Atlantic A Gulf— Consol..
95H Cent. Georgia Cons. m.. 7^
109
Stock
lOoJi io«h;! Charl'te Col.A A.—Cons.. 7b
104!< 104H
2d mortgage. 7s
138
EaatTenn. A Georgia—6a.

O.

Clarinda

105

75

Pac— South Branch

do'

K.C AN.R. E.A K.,7s
Orasha Div.. Ist mort., 7e

99^^

100

A Western stock.

«60

Mo.K.A T.— Con8.aa8..1901-6 101« 101«
l.VCOMK BONDS.
2d mortgage, inc.. 1911
61« 62i< Central of N. J.-1908 ....
H. A Cent. Mo.. 1st., 189». tuo llOH ChicSt.L.AN.O.— 2d m. 1907
97« Mobile A Ohio— New m., 6s. lOlHi
Col.Chic.Alnd.C.,lnc.7s,1890

108}<

95

104
104)^

A Tol., 1st, Is, 'ao,el cp,
A So. la.. 1st m.78, ex cp
Hannibal A Naples, 1st Ta

109
idi'

10!«

Tol.Pw.AW.-

2d mortgage ext.. ex coup
Equipment bonds. 78, 18®

llOhi

107J,i

101

112
104
94
110

117
Belleville
So. III., 1st m.
St. P.A Sioux
1st 88.1919 lOOH 101
1095^
St. P. M. A Manlt'a— lst,78 tl09
»95
2d mort., 6s, 1969
95H

Mortg.7sof

Ist, 78.

A

.

C—

94

llOM

ma

104
105
!08

;(j3ju

1st

117

A West.-lat Os, 1019
Laf. BI.AMun.-lsiOa. 1919

Nashv.

A

609<'

83«

108Xi

113^113^ Southern Seeurities.
104

mortgage. W. D
Burlington Dlv
Ist pref. Inc. for 2d mort.

111

106H,

L. Erie

St. Jo.

U.

m

89

78. gold.

St.L.A S.E.-Cons., 7s. g..'94
St.L.VandallaA T.H.-latm
2d mortgage, guar.
South Side (L. 1.)— Ist mort
South Minn.-lBtm.,78, '88.
Ist mortgage, 7b (pink)
Extension
T<il. Can. S.A Det.— Ist, 7b, g
Union A IjOgansport— 7s

fts, '99
Ra, 1908.
7s. 1908,
Inc. mort.. coup.. 7s, 1890.
Deb. mort.. coup., 6s, 189:1
Deb. mort., conv., 7s, 1893
Wat. Og.—Con. 1st,
St. L.A Iron Mount'n— 1st

Income

88

22»<

Jersey 80.— 1st. 68. new
Joseph A Pacific- Istm.
2d mortgage

do

do

110

79

St.

General, coup.,

m

100

New

Improvem't, coup.,

mort

103

Midland— lat.
2d mort

1911

Br., lat

8S

Flint

82>^
82>« N. J.

7s. 1911,

St. L.

Kal'zoo A W. Pigeon, Ist.
Det.Mon.AT.,l8t,Ts.'1906
Lake Shore Olv. bonds

2d mort.. 7s, gold
Cecilian Branch, 7s.

81

81«

Cona.coup. Os
Registered «a, 1911.

Arkansas
110
106i<
114

119

118
120

2d 7a. 1898 95
2d gtd.7s, '98 100

A

10s
10*

Evansv.

Kansas A Nebraska— Ist m.
2d mort
Long Island— lat mfirtgage.
N.Y.AGreenw. L.— l8t.7s. n.
do
2d
N.Y. A Oswego Mid.— Stock
Convertible bonds

125V

Bt.L. Va.AT.H., Ist g.7s,'97 ;112'

Cairo A Fulton, 1st mort
Cairo Ark. A T., Ist mort
Alton A T. H.-lst
2d mortgage, pref

ind'y, 7a

Ind., s. f., 7s
Tol.. aink. fund.,

gr't. reg.

2d mortgage

:oi

104

\^ no
100

A CrawfordaT. -78.
A Pere M.—88. I'd gr't
Consolidated 8s
Stock
75
Oalv. Hous.A H.— 78. gld.'71
162' 103« Gr'nd R.Alnd.— lst,78,l.g.gu
1st. 7s. Id. gr., not guar...
102
Gr'nd It.A I.— 1st. ex l.gr.,78
93
85J4
Houa.AGt.N.— lst,7s,K,l«00
68)i 69
Indianapolis A St.L.— 1st. 79
Indianap.A Vine— lst,78. gr
1301.

.

.

Rome

106^

idi'

^

.

do

eo'

98
8S

109
1st m..gd L..S. AM.S..7L
107X 108H Denver
Pac— l8t.78.Id. gr.jr 90 100
95Hi 07
Brie A Pittsburg- 1st m.. 78 100
104
:ofl
106Mi
Con. mortgage. 78
106X
109
109«
90
78. equipment

do
4th mort.
Chic A I. C, 1st con
do
2d con..
do 1st Tr't Co.ctfs.aaa.
do
do
suppl.
do 2d
do
ass.

78.

So.- iBt m. jf.,78

E. III.-8.F.C'y.T907.

Ijandgrant Income,
Chic A Sou! h west. —78, guar
Cln. Lafayette A Ch.— 1st m
96
Cln.A
ll.U..^|'l.
Spr.-l.at
l.Tt, ...l„.\v.n,*.L»
(-.C.C.AI.,7si+106

105H

Cleve. A Pitts., consol., s.f.

Coupon

93
S8

Chic. .st.P.A M'polla-lat.ea

117
117

Pttta.Ft.W.A Chic, lat m.
do
do
2d m..
do
do
3d m..

do
do

A

new

Income bonds

111

RR—

Col.

Cent, of la.— 1st m.,
2d

lllM Chic

Ml

115

A

Be.class

1110«,

Stock
OTJil 98^1
112«'l!'2T-a, CliIc.A Can.

1905

8a.

Registered
120

1st mort.. 8s. 1882.

.M

'Pricea acaf.<vi.

iii«

Buff. N. Y.A E, 1st m., 1916

1045«

109

Phll.A Head.-

101«

do
cons, coup., 1st
do
cons, reg., 1st..
do
cons, coup., 2d. 118M
do
cons. reg.. 2d
Leulsv.A Nash.— Con8.m.,78

116H

lOS

1055J 100

N.Y.L.B.AW.,n.2d,con.,88

do
98S<

42>i

105M

118

Cleve.

98
106
68^
118
jl03
108

Ist con5,gold7s, 1920

56H Luke Shore
Mich 8. A N.

91>^

112
110
110

AD
AD

lat m..H.
tat m.. C.

112j^!li2«

;106K

N. Y. C.

Oon. sinking fund
8d mortgage
let m.. 7b. I. A P. Ext.

Consol.

Atch.AP.P'k—6s.gld.excp. 100
Bost. A N. Y. Air-L— l8t m. 106

103

do
3-Oa, claaa C
do
S-8a. claaa B
do l3t6a,Pelrce,CA<)
South Pac. cf Mo.— 1st m.
Texas A Pac.-lst, 8s, 1905..

;:: 108H Pennsylvania

2d mortg., ext'n 5s. 1019
3d mortgage, 7s, 1883...
4lh mortgage, 7a, IKKO ..
5th mortgage, 7s. 1888 ...

lat mort., 78j 1900
2d mort., 1909,
nd'a Decatur A Sp'd 1st 7s
{Int. A Gt. North. Iste8.gld.

$ gold, R. D.

AM

llOH 111

.

Dub. A Sioux C. 2d dlv...
Cedar F. A Minn., 1st m..
Ind. Bl'm A W.— lat, pref. 78

LaC. Dlv
I.

111

do
reg., 7a. 1917
Albany A Susqueh.. 1st m. 114- •i"^!'
2d mort
do
3d mort.
do
1st con., guar
do
Bens. A Saratoga. 1st, coup
lat. ret
do
Denv.A H. Grande— Isi.iaC
L05H
Erie—
Ist mort., extended
122X

and

A S.F..2d

St.L.

HAILHOADS.

lOS

lOlJi

2d mortgage
Income, 78
1st m.. Csrondelet Br.

Income and land

Coup., 78, '94
Keg. 7s, '94

lat Pa. dlT., coup., 7s, 191V

Inc.

107
65

Adjustment, 1903
108
Lehigh A W.B., con., g'd
do
asscnt'd
97K
Am. Dock A Impr. bonds. 108
do
assented il08
CTllc.Mll.ASt.P.— lst.8s,P.D 127^
8d mort., 7 3-10. P. D
113W

istm.,

105
100

iJirokera' Quotations.)

104

1st m., Os, '95, with cp.ctf
1st m.. 68, '96,
cfo
Den. Dlv. 6s ass. cp.ctf.
1st consol. 68
do
Pacific itR. of Mo.— 1st m,

114

Ill.Cent.— Dub. AStoux C.lat

109
110
190?^ Hi
Be, ainking f und
95
Ohlc. Kk. l.A P.-6a, op.,1017 116
n7H
as. 1917. registered
tll6
Keuk.A Des M.. lat. g.. 5s. 94 '^^

Centralof N. J.— latm..

San Joaquin Branch
A Oregon, 1st

113« 114H

97'

n2Mi !12K

State Aid bonds
Land grant bonds
Western Pacific bonds..
South. Pac. of Cal.— Ist m.
Union Pacific— 1st mort..
I.and grants, 78
Sinking fund
Uogistered. 8s
Collateral Trust, 68
Kansas Pac.

129

vimmm

extended

do
do
do

llBJi

!107

lat mort., Waco A N., 7Bm
2dC., Main line, Ss
2d Waco AN., 8a

Mis.i.Kiv. Bridge. Ist.s.f, 6s
Chic. Bur. Ay.—8p.c.. Istm
Consol. mort., 7a

m.,
1st m.,

Del. A Uud.Canal—
l8t mortgage. '84
l8t mortgage. 1891

A

Lonis'aAMo..l8tra.,guar ill2
do
2d 7s. 1900. t94
St. L.Jack. A Chic. 1st m. 112

1st m.. 7s.

m

A

Iowa City A Wesfn.lst 75

Central Iowa, 1st m.78, 1899
Chesap.AO.- Pur. m'yfund
8a, gold, series B. int. def.
fls. currency, int. deferred
Ohloago A Alton— 1st mort.

ioi« 102X

1st, con., f, CO., 7s
'2d,con.,f.cp.,5a,fla
Han.
St. Jos. 8s, cunv...
lat, m. I.,7b
Houa. Tex.
1st mort.. West. Dlv., 7s..

Railroad Bonds.

m

m

do
do

Quicksilver

stock Exchange Prices.
Bait. AO.-l8t«s.Prk.b.l919
Bost. H. A Erie— 1st
1st mort., guar

7a

Long Dock bonds

Ijeadville

Ut

113K
121M

90
96

Cal.

78X

.

112

Central I'aclflc—Gold bds.

.

2U
(7

Land Imp

Income
Blnklngfnnd
loUot k Cliicago,

108>4

tllO
120

115

convertible
78, 1907
Syr. fill «h. A N. Y.. 1st. 7s
Morris A Essex, lat
2d mort. ..
do
bonda. 1900
do
construct'n
do
78 of 1871.
do
do
lstcon..g'd

58>s

105)«,

American Coal

L., 1st, 78.

2d

47^ 48H

Boston Land Cr»mpany.
Boston Water Power.
Canton Co.. Baltiraore..
Caribou Consol. Mining
Central Arizona Mining

.St.

f.

Mortgage

.

Minn. A

..

78.

pref. (63
do
do
Stonington
130
Terre Uautc A Indianapolis JI8X
Texas A Pacific
Tbledo Peoria A Warsaw.
United N. .1. KH. A CJinal
161
Miscellaneous St'ks,
Adam.-* Express
111^

J.

114

—

m.

Hon

C. 8t.L.A N. O.- Ten.
lat con. 7s
Dei. Ijick. A West.-

78

134V

spec'l.

Saratoga

Rome Watertown A
St. Paul A Uuluth

Central N.

1st
St. P.. Ist

Peoria Deo A K'vliJo— Incs

90

116U St.L.I.M.AS.- 1st 7s,prf .int.
2d Int.. 6s. aocum'latlTe
11«H
113«
80
Mlscellaneons List.

114

Railroads—

Pacific

10>ii

.

N. Y. New Haven A Uartf
N. Y. Ontario A West., pref
Peoria Decatur A Kvansv..
Pitts. Ft. W. A Chic. guar.

23
110

117
118
116>ill7>«

2dm
do
C. C. C. A Ind's— lat. 7s. 8.
Consol mortgage

|85
9^

Metropolitan Klevated

id(i

A Mil..

Winona A

Chicago..

II

122),

93
lis

f'd

8.

(>>nsolldated
2d consolidated
Ist m, Springfield dlv...
Ohio Cent., 1st m., Hs, 1920
Peoria Dec. A E'vllle, Ist Oa

Registered gold bonds.
105 ilOS^i
Sinking fund
Iowa Midland. 1st m.. 88. tll5 121
Galena A Chicago, extcn. «101^ 105
Peninsula, 1st m., conv...

Kokorao...

Harlem
Ind Bloom. A Western.
Intern'l A (it. Northern...
Keokuk A t>c8 Moines
pref.
do
do

Ohio A Miss.—Consol.

107^

bonds
Consol. bonds
Extension bonds
l8t mortgage
Coupon g<)ld bonds
[nt.

ChlcagiA Alton, pref
Frankfort

lOB

j

Nevada Central— Ist m.

ISO

lai"

no

ice"
18

7S

40^ 48
111
111

lat«*t B«le tbiM

u«

114

wMk.

THE (CHRONICLE.

430

NEW YORK
Bank
Capital.

C"iiPAXiB».

LOCAL SECURITIES.
Insnrance Stock List.

Stock List.

[Quotations by K.

Pxios.

riVIDKKDB.

Snrpltu

XIX.

[Vol.

s.

Bailxt, Braker,7 Pine street.]

at latest

dates.

{

Period 1878. 1879.

*i;r.o.'5"i*!*'5N"»''"'

Butcliers'dbOr.

6

Ceotral

7

InD., 80.

America*
Am.BxcbBiige

Bower/
Brotdwar

A

I.

0^
10
16

J.

i.aj.

(S'i 2X1
2.1
300,000
100 2,000,000 834 80 I.* J.
Stl,200
100 800,000
Ckwe
13S.il<)a j.'il'j.
a
450,000
85
Cbtihtm
Clieinlcal
100 300,000 3.270 70(1 «l-m'ly 100
«
.*..
as 600,000 lM).tfa0 J.* J
Glilsens'
10
100 1.000,000 1,475 8(10 M.«N
City
Commerce .... 100 .000,000 2 77.100 i.* J. 8
1CO,000 I.* J.
CoailB''n!aI
100 1,000,000
Corn Bxch'ge'. 100 1,000,000 882,700 F.AA 10
iOO I. A J.
KutKlver .. Xi 280,000

3
6
ICO

6
10
8

-i

1?«

U

Um
Ward*...
Fifth
.

12,400 I. ft.
96 100,000
35,'»H> '. & J
l.'iO.OOO
100
100,000 •2,'2.1(W
Fifth Avenub*. 100
600,000 Il(»7.i0lj li-J.
First ...
... 100
Fourth
100 3,i00,000 WU4O0 I.&J.
Foltun
80 000,000 ».>'7.100 M.iN.
gallallD....
eu 1,000,000 7t3,2j: .\.* O
04 100 v.* A
7'.
760,000
c-miaa ^ja."
tl5.70
May.
German Excb.* 100 200,000
Qerniaaia*
IM 200,000 tl8,530
iOOO.i
Gieenwlch*.... 2S 200,000
23,000
2v'5,000
.SO
Grocers'
I. ft.)
100 1,000,000 200.2 (I I.& J
Hanover
Imp.A Traders* 100 500,0OU 1.801.800 I.& J
IIO.IW
I.*.I.
50 500,000
IrTtnK
S,4IJ0
Isiana City* ... fO 100,000
J.* J.
Leather .Manuf. 100 HOO.OOO 4^iO.B0O I A J
Manhattan*
."iO •2,050.000 .,03.1 IX) F.A A
i;i,500 .1.4 J.
Manuf. &Mer.* 20 100,000
loo.soo I. a, J.
Marine
100 400,000
Market
100 600.000 271.1-0(1 I. ft J.
Mechanics'
25 2,000.000 BIHSOO .I.ft J.
Mech. Assoc'tt bO 500,000
73.100 .M.ftN.
14.(i00
Mech'lcs & Tr. as 200,000
rcantlle.... 100 1,000,000
171.300 ii'.ftN.
Merchantti*. ..
50 •3,000,000 B5O,S0O .I.ft J.
Merchants' Ex. 60 1,000,000 112.000 I ft J
Metropolis'.
58,600 I.ft J.
100 800,000
Metropclltai .. 100 3,000,000 1,111 HOO I ft .1
Mi.nay aill'.. :oo 100,000
73.5
J. ft J.
Nassau*
100 1,000,000
01,100i.^l.ft^
7S8.10U I.ft J
Kew Vcr«
100 2,000.000
S. r. Coiaiitv.. 100 200,000
48,000 .I.ft .1
N. T. H. Eich. lOO 800,000
75C00 F. ft A.
NlnUi
lOi.luO J.& J.
100 750,000
No. America'.. 70 700,000 144R00 Lj.ft J.
North River*.
07.5
30 240.000
J. ft,I.
Oriental*
25 8(Kl.000 172800 ,1.4 J.
Pacinc
428.700
215,200 Q-F.
50
rarlc
332.500 I ft J
l6oi2,0OO,0OO
People's*
125.400 I.ft J
26 412,500
Fhenix
172,000 J. ft J
20; 1.000.000
Produce*
;,ooo
12^.0'0
50
Repabllc
100 1,500,000 633.500 F.'ftii
8t. -Icholas...
IIH.OOO
.60,000
Seveaih Aard.
52,MXl
300,000
I.ft J.
at
Ai\n 1 t. 1
Second
91.400
300.000
.ft J.
Blioe A Leather
600,000
170.100.J. ft J
Sixth
45 300 J. ft J
200.000
Bute of N. T
267.300 «.* N
800.000

6

M

» est side'.

256 500 J. ft J.
eH3,!)T0 M.ftM.

300.000

.

The figures

i

04.000 .J.ft.I

1,000,000
1.200,000

i;

3

American
t
American Excb

108
118
Vi'i

Bowery
Broalway

i70J

Citizens'

SH
5

7

Nov

3
6
14

8
"8

7

•en
80. A

4

IJO

80. 5
May, 80. 3
^^ov., 79. 3
Jati., 77. 3

3«

4

1

f May,

6H

3

9
12
s

8
8

TH

8

6

...
...

"7
8
10

Feb.. '80.
Jan.,, 'SO.
JvUy, '77.
Tan. '80.
an. ,80.

3«

6
K

8
7

6

3

May,

2H

,

Lorlllard

ManuCft Build
93

U5

3
Si,
4

»

"6W
3

Niagara
North River....

3

H

8

10

8
6
7

6
7
3

7H
lU

130
lOS

.

Jai., '80

Belief

Republic

May,

8

Nov,

Standard

8
6
12
Jan..
Feb, 27, 1880, for the National
banks.

Sterling
1

Gas and CUj Railroad Stocks and Bonds.

lOas wotations ny Ueorge H. Prentiss. Broker, a4 oroad

Gas Compaxikb,
Brooklyn Gas LIghtCo
Gas Co (Bklvn)
do
bo^ds
Barlem
Jersey City ft Uoboken
Manhattan
Citizens'

Par.

25 2,000,000
20 1,200,000

...

1,C00

SO
20
50

Metropolitan

do
Mutual, N.

do

bonds
Naasan. Brooklyn
do
scrip

New York

bonds

do
do

1.000

.

Var.
50
60
Var.
100
100

certifies

New ?ork

Central of

.

;

Nov.

123

Feb;,
1898

!00
150

June,

198

Feb,

13'

Feb..

100

1882

isl raortKage
Brovircai; it A'«iie»<A.dD0— sik..
Ul Olortgage
Sr^onlyt. i7ii;(— stock

mortgage
(Sroutlyn)— stock.,
B ooUi/n it ffHnur*a /*!— slock.
ist mortKage bonds
1st

B oadway

(«*;«»)— stock.,
«., y.it if. MMr-stk.

JlutHtcict An.
(?«

!tra(

OonMiltdited -"orteairebon
ChrUfaplifr * Tenfcl St.-stock

Boids
D V Dock,

£.. It. iM.ilfiuertf~iii.ii

1st mortgnfc.', cons'd

Ei A'A 4li«ni(«— stock

m

ISL
TtiEaKe
4'*) -11..* (frniid

t

ferrv-ttoei
..

morfiriRe

BowU

H,

utm

WeftU.JbPav.F-u-tli

rtgige

Second Av nurt— stock.
td ra rt.'Ktre
Qons. Convertible
Exto 'S on
Sixth Atenue- stock
1 tinortg.ga
ThfTd .itcen u<— stock

Uc

May,
Jan..
1397
Jan.,

Au?.,

Jl^

K

1,000
1.000

100
1,000

100

.

1,0(X)
. .

.

infl

1,000

t Thls'iyai «l?a"T^'rd'enT'''°''

'"'

150,0001 A.ftU.
1,050,000 M.SpN.
200.000 M.ftS.
750,000 M.&N.
415,000 J. ft J.
2,000,000 Q-F.
i; ,000.000 J. 4 J.
600,000 F. ftA.
250.000 M.ft N.

'**"•

"" '"* "*'* "

200,000

185

too

20
20
20

18

Feb., '80. 8
Jan.. '80.10
Jai., '80.10
Feb. 80. 3

193

...
....

20
/n
10-72 10
12
11

17H
18
5

.1

40
100

85
6)
77

95
60
180

100
70
185

105
-

10
1100

95

May,

Sept..'8;l

1

21
101
95

I05W
155
110
150
100
105

93

J'Jly, '110
•., '60
•luly, •90

110
l.-iO

lOJ
Feb., '80 115

'80.

«!
170
190
!17
130

•Jan.. '80. 5

July.

N'ne

'77.
.Ian., '80.

5
«

Jlj

18
10
12-50I13 40 13-(V) Jan.

'80.0^85 173

Apr.

180

'ib

m
10

20
14
15
12

15

10
15
10

10
10
15
8*4

11

11

7

.,

10
30
20
40

10
14
10

10
•22

10

,0

800 ao
686,946iio
I'iO

500,000
51,63«|io
200,000
3,000.000 l,3i0.785io
4,089 10
leo.ooo
118,813112
50
500,000
50
200,000
'5'"S2ii2
100
200,000 „,*'1S213
30
200,010 290,776,10
•20
193,014 20
150,000
40
4,9S8|io
280,000
134,907 20
50
150.000
07,680110
100
200,000
31,104 10
25
150,(XX1
50
200,000 233,533 20
34,202 10
•A5
300,000
182,909 12
200,000
100
140,928 20
230,000
100
200,000 238,168 30
25
163,596 20
150,000
50
88,832' 10
200,000
50
200,000 I.'i9.7tl2 20
50
109,951 18
200,000
."iO
147,011 20
200,000
60
101.513 14
200,000
371^
210,000 316,395 'Xt
130,185 17
200,000
100
20.068
200,000
100
1,085 10
300,000
100
50
500,000 51'' ,458 12
108,'.4S 11
360,000
25
200,000 399,052:20
25
89,737120
200 000
100
190,048!'^0
150,000
20
103,7391 18
160,00(1
.50
50 1,000,000 467,0''« 20
43,577 Id
200,000
50
26.725 10
300,000
100
17S,834 •20
200,00c
95
10,811 10
200,00c
25
189,09( i2;i6
200,000
50
121,591 17H
500,000
100
28,510 10
'00
200,000
137,084 16
'/5
aoo.ooc
102,389 ta
300,00C
25
215,46i 19
250,00t
an
121,502 10
300,001
10
250,000 443,695'20
50

•80.
.Ian.. '80.
fcb. 'SO.

Ian., '?0.
Ian.. '80. 3Vt

.SO

'7^

12W Jan..

10
10
10
10
10
10
10
10

20
10
10

*)
6

20

7

Jan.,

10
10
18
10
12
10

•80.
'80.
'8<l.

20
20

Jan.

10
18
12

10
IS

Jan.

'SO.

20

20

10
20

10
15

14

12

•20

12

20

20

12
15
10
5
20

12
10

Jan.
Jan.
Jan
Jan.
Jan.
Jan.
J^n.

9-7 f

'iO

all

20

UA

«5

70*

125
100

165

120

....

l.S»

i(wf

125
• • •*

...

r26

I»0

83

6
5
8

ibd

5

160
•

5

••
•

•

itw
....

100

109

100

uo

200

...

180
105
125

ii3

'80.
'80.

....

6

'80. 8
'80. 5

5

3X

'80 10

80. 3

55

'80.6-2E Vii>
'80. 5
'80. 8J4

Feb.

!S-^

10
10
11
10

140

'80.10
'8C.

Jan.

12
14

•

135

4

'^0.10

h'eb
Ian.

III

10
12
10

...

lao

138

5
6
4

'79.
'80.
•80.

Jap.
ipl

8i«

9
6-23

'80.

Jan'.

8
20

!2

102

....

lOi

Jan. '80 B
Fej. .'80. 4

5
30

107

95

80. 5
'80. 5
80, 7

Jan.
Jan.

87M

123
181
190

95

80. 7

10

11
10

5
5
6

\1,Vi
'80. 5
'80. 5
'80. 5
'80. 5
'80. 5
'^0.
'80.
'80.
'80.

20

7H

12a
110

100
120

Jan., •80.
Jan.. •79. Sn 55
Jan., '80. 6
100
Jan. 80. 5
'80. 3
80 5

5
14
10
10
13
5
12
10

1

5

110
7iv 250

30
7

10
8H,
10

7H
8H

Jan., 80. 7M
Jan., 'SO. 3^
Jan., •SO. 5
Jan., '80. 8
Jan. 80. 5
Jan. "W. 7
Jan.. '80. 5

...1

Ian.

•80

5

Jan.
Ja<.

5

.Ian

•80.
'80.
'80.

Jan

'80.10

102
70
100

5
5

capital and ecrip.

I2O8

I...-

t Surplus

ClCy Securities.
IQaotations by

Dakisl A.

Uob.aj7, Broker, 27 Fins Street.]

Rate.

York:
mw
Water stock

1841-83. f

Croton waterstock..lS45-51.
..195-2-60.
do
do
Croton Aqued'ctBtock.1865.
pipes and mains...
do
repTvoir bonds
lo
Central Paik bonds.. 1353-57.
..185S-65.
uo
do
1870.
Dock bonds
1^75.
do
1865-«8.
Market stock

Improvement stock
ao
do
Consolidated bonds
Street imp. stock

—

iS69
....1819.

do
do
New Consolidated
Westchester County
Consrllaatel
Asses meat

var.
var.
var.

.

5
5

6
7
6
5
6
7

7

Bonds

Months Payable.
Feb.,

d,iH.

May Aug.* Nov.
do

1880
1890

do

1883-1890
1884-1911
do
do
1884-1900
May A November.
Feb., May, Aug.ft Nov. 1907-1911
1898
1805
do
do
1901
May ft November.
1808
1894-189T
May ft Novo-nber.

7

8 K.
7"

do
January
do

Miy

ft

UO

101
105
107

113
124

109

lis

1.'8

120

107
117

109
118

1871»-1890 102

118
116

113

1879-1882
1896
1894
IICM
1881

i03
113

1P6
lis

105
102

108
103

July,

1879-18Sn:i01

lo
3o
do
do
do
do

18Si-1885J02

108
111

July.
flo

K

3

104
104
106

1901
iai8

do
ft

100

:09
1'^

^7

Bid. Ask.

Novem'irr.

[Quctationa by N. T. Ba«RS, Jr., Broker, 1

New

102W 105

at.]

95

lli«
87
03
l-iO

115
175
110
180
115

30
101

iirtfOJtiyn— LiOcai liu ^r'em't—

7

Cltv bonds

7
7

..
do
bonds

Friffe

Water loan bonds
BrldeeboQds
water loan
City bonas
Kings Co. bonds..

do
do
Park bonds

•All Brooklyn bonds

Jaiuary
do
do

ft

do
do
ac

7

7
6
6
7
«
9
6

Brldg"
101

02H 95

M.^y. '77 l'»

Jan..

INTBRBST.
lOi
84
104
80
100
109

Ian., '80 iT^ S5
.\pr , '85 lOO
'.02X
'88

Fe

100
15

75

THi

Jan., 'rO 18
900,000 J. ft J.
894,000 J. ft J. 7 [J'ly.iaoo, 97X
100 2,100,000 (J- J.
/>pr..'o0
2
1,000 1,500,000 J.ftD. 7
Inly. '81 102K
10 2.000,000 Q-F. SJi'Feb.. SO 150
1,000
7 Nov., '8 102
300.000 M.ftN
100
3
Apr., '80 140
200,000 Q-.I.
100
400,000 A.&O. 2
Apr., '80 95
1,000
7
300.000 J . ft .;
1888
102,1.^
100
.Ian., '80 85
500,000 J. ft J.
100 1,800,000 J. ft J
Jan., '80 74
1,000 1,200,000 J.ftD. 7
Der.li)02 If 8
100
6;o,oro F.*A
Feb.,'lj0 82H
1--90
1,C00
250.000 J. ft J. |«
1-0
100 l,'.i00.000 Q-t. 4
Fdb., '80 115
500&C
7 Jul e, '93 110
000,000 I.ftn
100 1,000,000 Q-J.
Apr , '80 160
1,000
»n.. '81 100
203,000 J . ft J
7
100
Feb., '80 KO
748,000 M.ftN. t5
1,000
•.;8«.ooo A.&O.
7
Apr., '83 no
100
600,000
25
1,000
200,000 M.&N.
Sov.iwij 99
100
250,000
30
600
July, '94 98
500,000 J. 'ft J

500ftc.

1,000.000
200,000

Ian., SO. s
'79.10

liablUtiea, Incladlng re-InBarauce.
Incladea scrip.

Over

•

105
75
160
201

»

I

100 1,109,5(X1 J.ftJ.

o'ortKage

Iwm tD-Uiiri Aireat—stock.
ifortgaye

55
9)
107
87
95
75
50

Nov

•

St

'"rteage
Coitrnl ''you 'toum- slook.
l«t
1'

10,1

2M, Feb.,

300,000 VI. &N.
800,000 J. ftj.
466,000 !••.& A.
1,000.000 Quar,
1,000,0011 I . ft J
1,000,000 M.ftN.

100
1,000

80

y,

Williamsburg
-la-'..
do
scrip
Jan.,
Metropolitan, Brooklyn
Jan.,
Uonlrlpal
l,fi00.000
a-'..
do
bon-ls
7S0 000 M. &N.
18aS
mitou Mu-Iclpal
"160
.1.
'I'
,50j,000|
i
milotatlnnp ny H. b. I^rant. Brokrir. 14.5 Bro-i«iwav.

BMCter Sl.it Pultonterr^—eii.

«7>,i

Jaj.,

Ju

76,147
138,442
875,e66
752,734
118,251
343,749
22,908

1.000.0(10

50
50
25

IS5

Dec,

138.8:13 15
68,'.«6 12

204.0(X1

:31

72i.t

Feb.

.

People's (Brooklyn)

do
do

315,000 i.&O.
1,860 000 (C.ftA.
750,000 I.ft J.
4,000,000 I.ft J.
i,500,000 i-I.ft B

100
V-r. l,0OOvO(K) Itf.ftS
100 5,000.000 Quar.
1,000 1,000,000 F.& A.
25 1,000,000 Var
Va
700,000 \I.&N.
100 4,000,000 VI. &N.
10 1,000,000 I.& J.

certificates

T

Bid. Ask.

«

Var.
Var.

Dnited States..
Westchester...
Willlamsb't C

-ilreet.l

Date.

Period.

t

Rutgers'
St. Nicholas

4

'79.
'80.

Park

Phenli

ISO

•80. 3)t
>an. '80. Sii
Jan., '80. 3t<

Pacific

Peter Cooper...

8

7

Mecli'lcs'CBkn)
Mercantile.. .

New Vork Fire
N. y. & Boston
New rork City

3«

luly, '74.
FfU. '80. 4
Jan '80. 3
Jan., '81. 3
Jan., '80. 5
Ian. '80. 4

Mech.&Trad'rs'

Merchants'
Montauk (Bkn)
Nassau (Bklyn)
National
N.T. Equitable

3 120
Jan.,
Jan.,, 'SO. SMi
Jan.,. '79. 3
loi
,

,

(

Lonelsl.'Bknvf

2>,

'80.
'80.

200.010
200,000

1«),42M
130,23i
2,725
112,401
108,151
544.412
73,853
99,155

6

10

HO

14

20

Asli.

'20

25

Lenox

,

,

10
10

....

SX

.

offman

>

'80. 3
'90.
'80. 5
.Ian., '80.
Nov. •79. 2HS
Jan., '80. 4
Jan^ '80. 4

Jan.,
Jan,,

3(X),000

50
50

Kings Co.(Bkn)
Knickerbocker
Lalayette(Bkn
Lamar.. ,;

3}<ll2;)

h Jn.,

1

10

..

Iinporters'ft T..

2«

Jan., '^0

200 000
1,000,000

VI

Irving
Jefferson

2

'79.
'79.
'79.

.50

Howard

Jan., '80. 4

July,

250.000

4>6,.179

lOW

Paios.
Bid.
1

10

100

taa., '80. 4

Xov,

70
100
...

Greenwich
Guardian
Hamllten
Hanover

120
lass

7
4
3
Jan., 'M. 4
Feb., 80. 3H
79.
2«
luiy.

153.000
SCKl.OOO
aio.fKXi

Franklln&Kmp 100
German-Amer. IIKI

•80. 2Ji

'an., '80.
.i.e., ')>».
Jan., '80.
Ian.. '78.

17

30

Firemen's
Firemen'" Tr

•79. 3>,|.

476,871 15
8<,545 10
888,940 20
300,404 •»\
196,417 •20

400.000
200,000
300,000

•20

Uontineatal.. t 100
K.agle
40
100
KmpireClty
30
Kxctiange
Farragut
M)

I** J.>n., '80. J>4

2«

Dividends.
Surplus,
Jan. 1,
18»0.» 1877. 1878. 1878. Last Paid.

2;.
1

Columbia
Commercial

6

7

2.'1

Oily
Clinton

4

J.n., 80. 3Hi
.Inly '76. 3
Jan., dO. 3

,

."iO

100

Brooivlyn

la „ 'SO. 3
;8o.io

'Jan., 'so.
.an.. '80.
Feb, '80.

8.600 I.ft J

in this oolumn are of date
20, I88.1. for the State

and of date March

5
8

My.

,

.

1,00(1,000

3W

|

Amount

3

Mar., '80. .1
Jaa.. •80. 3
Mir., •80.15

•m Apl
Feb.,
i« May.

.

Ution

Capital.
far.

140

Apr., '80. 5
.
Jan.. •80. S«'ii8

120

.

.

Sa

275

.

Third
Tradeamen's.

Ask

Bid.

Last Paid

COMrAHm.
J.AJ.
M.4N.

•80.
Nov, '79.
lun.. '80.
Jan., '»J.
rlao.. '80.

3,000,000 !.646,'00
too 5,000,000 1,87«,4'X)
100 250,000 188,400
2S 1,000,000 .ItM.tMO

Net

1

lo

May

ft

November

<io

"lo

January A July.
do
do

;915-1924 125

128

1900-10-i4|123
1904 1912 12:'
18'J9-1905 lOa
1881-1895 103

127
121
113

1880-18K3Uc6

111
116
lis

1880-18851114
1924
,114
1807-1910 lis

US

US

flat.

[Quotations by G. Zabeiskik, 41 Montgomery

St..

Jersey City.]

98
iV5
1«5
|i05
110

Mav. '»S 10JmI)08
maturity ui fcona,.

Jsraey OUti—
Watel loan . long

do

Jr.Tinary ft July.
1869-71

Improvement bonds
Bergen bonds

lanuary

1S6S-69.

A

.luly.

aad J ft D.
January and July.
J.

ft

J.

101
1685
189»-1902 1(17
1891- 94 105
100
1900

loa
108
108
101

April

THE CHRONICLE.

24, 1880. J

Miscellaneous

Juujestmjcuts
AND COEPORATION

STATE, CITF

Investors' Supplemem'

number

the next

will

is

FINANCES.!

West Jersey Railroad.
(For

be published Saturday, June 26.

Profit or
1879,

loss.

Not

earnings.

earnings,

L. Uurenu.
Pittsb. Ft. W. &Ch.

&

l,««ii»,210

8,221,246
257,815
173,452
588,153

B. Val.

Lawrence
Pittsburg...

Clevrliiudi
Aslitabulii

&

2,00i),593

l'itt^b.
I'ittsb.

252.C04
212.68G
38B,974

Northwi'Ktoin Ohio.
Clev. Mt. Vcr.& Del.
MiissiUou & Cleve..
Urantl Kap. Jk Intl.
an. Kiihni.A Ft.W.

Earnings.

MayJ(.Mlllv.RR.»i. $344,151
Swedesboro R4illroad.
15,736
23,831
Salem Railroad
.

1,345,134
322,0(J(i

24,193

L.

3,00(5,107

Wheel.* Ky.

Clu.& Mnsltlng'iu V.

84,660
77,598
374,666

Little Miami
Col. Chic.
ma. C.

1,441,939
3,911,261

Jcff.Mad.&Ind'polis

1,246,-333

Plttsb. tin.

St.

i\j

(i.Glft

Cbartlers

&

Shelby

& Rush

Cambridge E.\ten

& Vin.
AT. H..

Indianapolis
St. L. V.an.

59

&T.

1,033,900
94.210

&

1878.

558

217,437
80,012

Pro tit.

432,645

272,.53SJ

82„'i32

66,395

82,689
363,250

51,937
200.051
65,200
40,369
95,702

I

Loss.

INCOME ACCOUNT OP PENNSYLVANIA COMPANT FOR 1879.
$760,863
Net earnings Union Line Bureau
37,500
Received for rents— Mouongahela Extension
Eealcstato

47,594

Equipment

20,655— $866,613

Protlls from operating leased roads

Pittsburg Fort Wayne & Chicago Railway
New Castle & Beaver Valley Railroad

Lawrence

Railroiul

&

Pittsburg Railroad
<fe Indianapolis Railroad
Received from investments
Dividends on stocks

Cleveland

Jefferson Madison

Interest on bonds
Interest on general accounts

$922,366
486
8,693
95,237

17,553— 1,044,338
$285,292
237,255
17,685

Net.

Total revenue

$2,451,185

879,195

Total expenses, interest, &a.

Balance, being net income after payment of expenses, interest, rentals,

&c

$1,571,990

From

wliioh <lcduct cash advanced to
Cincinnati Hicbnioud & Fort Wayne

St. Louis

Alton

ludiauupolis

&

.t

:

RR. Co

Tone Uauto RR. Co

Vinccnnos RR. Co

$26,320
51.039
141,974—

219,335

Balance, being the surpliw for the year 1879, after paying
all expenses, interest on bonded debts, rentals, .advances,
&c., cairied to credit of profit and loss account, Dec. 31, '79 $1,352,655

GENERAt, ACCOUNT OF PENNSYLVANIA COMPANY DEC. 31. 1879.
$15,0:6, 291
213 ,152
837 ,085
710,,431
2,090,,083

Equipment
Reiil estate

Union Line property
bfttcnnciil.s to leased roads

Dueby otlic

r

5,i8,,331
L.TOS,,203
1.148,,486
645, 494
271 ,230
1,603 ,902

compiuiies

Due by

station ;if.;iiits
Stoclf of supples
Miscellaneous assets

Cash
Advanced Union Bridge Co.. Toledo, O
Advanced to nay coupons (i raiul Rapids & Indiana RR
Purchase of liens on real estate bought by C. C. & I. C. R'y-

10, 972

137, .5(12
48. 485

209, 000

Sinking fund tor registered U per cent bonds
Philadelphia Trust Safe Dci)08it Co.
Sinking luuds for leased loids

1,

1,47

$.583,723
$332,365
56M,o„
$251,357
Net earnings from oi>erating
j!251 ,357
luld receipts from misceUaneoaa (oarces— maklug
$2.'S3,812
total Income
107,939
From which deduct Interest and rentals

To which

Balance, net earnings after paj-mcnt of all fixed charges.
of whicn has been paid a div. of 2 jier cent on $1,351^,750.
for the

.

—

—

—

—

and management.

The subject of a consolidation, together with the terms
thereof, was referred to and carefully considered by a committee of your board, and on the 29th day of August, 1879, an
agreement was entered into by the boards of directors, and
approved and ratified by the stockholders, of the respective
companies as required by law.
The terms of the merger were as follows
The capital stock of the West Jersey Railroad Company to be
fixed at $3,000,000.
The creation of a consolidated mortgage on the entire property of $3,000,000.
The funding of the 1,888 shares of the capital stock of the
Cape May & Millville Railroad Company held by outside parties
into certificates of indebtedness, convertible into the consolidated mortgage bonds when presented in sums of $500 or $1,000.
The surrender and cancellation of the second mortgage bonds
Millville Railroad Company in possession
of the Cape May
and control of the West Jersey Railroad Company.
The surrender and cancellation of 1,112 shares of the stock
Millville Railroad Company held by the
of the Cape May

&

West Jersey Railroad Company, and the exchange of 7,000
shares of the Cape May & Millville Railroad Company's stock
owned by the West Jersey Railroad Company, and pledged in
the first mortgage of the company, for an equal amount of
stock of the West Jersey Railroad Company."
Schaylkill Navigation Company.
{FvT the year endiig December 31, 1879.)
The annual statement issued to the stockholders and loanholders of this company shows:
Balance to the credit of general income account on Januarj- 1,
$22,358

1579

The income for the year 1879, being the reut payable by the
Philadelphia & Reading Kaili-oad Company, was

$3,771,250

771,250— $3,000,000
8,000,000

$11,000,000
6.400,000
3,200,w)0
831,98 4
865,07
1,695,285

636,736

$659,094

CHAHOES FOR THE YEAR 1879.
$518,469

Interest »n loans and bonds
Dividend on stocks
Tax on dividends

101 ,654
2,178
5,30O
1.514

Salaries of officers
Itent of ofHce and cun-eut exiKsnses

$629,116
$29,977
Balance to credit of general income account Jan. 1, 1880
The settlement of the dividend on stocks and the coupon
interest of the loan of 1895 have been assumed by the Philadel-

phia

& Reading

Railroad Company, under a provision in the

lease.

CONDITION OF THE COMPANY ON JANUARY

836

$27,007,989

Total capital stock
.TudsnniMit 6 per cent bonds
Registered 6 per cent bonds
Due lessor conipunicH for supplies
Dne to other companie.«
I>ue lor current expenditures in oparating leased roadj

27,105

year carried into profit and loss ac'ct.
$28,678
The annual report has the following:
The cost of operating, including lea.<!ed roads, was .56 94-100
per cent; for the previous year, 62 53-100 per cent; showing a
decrease of 5 59-100 per cent.
The number of pas-sengers carried was 659,362, an increase
of 46,532. The receipts per passenger per mile were 1"99 cents,
and the cost 1'47 cents.
The total number of tons of freight moved was 162,467, ^an
increase of 42,83'>, with increased receipta of $30,189. The
average receipts per ton per mile have decreased 0'77 of a cent.
The rsport of the tru.stees of the sinking fund shows that the
yearly payments to this fund, together with the accretions
from investments now held by the trustees, have been invested
in the bonds of the company' and of its connecting lines; and
the total amount now held aggregates the sum of $273,000;
increase for the year, $2S,500,
" In .^ugus^ last a merger of the Cape May & Millville Railroad
Company into the West .Jersey Railroad Company was perfected,
thereby consolidating the line of railroad between Camden and
Cape May a distance of 82 miles under one organization

Net balODce

43.-1

Cr.

stock
Lcssuuiiaid
Preferred stock

4t55,e73

.

.

Out

:

Total

85><>ioo

9U«iiao

Total income

Dr.
Securities
Bills receivable

$248,885
2,380
141

54ii<l,(M

&

540,233

Deduct
$60,141
Expenses Proprietary Department
Interest on 6 per cent rcg. bonds
$1 83,78-1
402,616—586,401
Interest on Judgment bonds
232,653
Losses on leased lines— Erie & Pittsburg RK

Common

Per cent.

—

30,749,710 ll,9.i;9,747* 2415,824 792,184 1,536,187

Total

Due for

Expenses.

$295,260
13.406
23,693

—

119.940

750,300
•17,553
492,863
9,280
3,605
141,974
66,348
362,897
132,288 16,144
194,269
192,130
296,830 tl53,119 51,039
45,731

459,97'J

Indianapolis &. Bt.L.

H.
St. L. Alton
Carond't
E. St. L.

1879.

*

*

58,685
74,144
433
1433
2,920
1,002,546 '605,480
30,596
33,348
'5,142
110,142
182,477
550,233

35,304
32,302
301,370
1,317,286

.

bo borne
by Pcnntv. RR. or
Penn. Co.

Ix)S» to

760,863 *766,863
3.720,117 •922,366
486
103,612
•8,693
78,074
232;603
175,096
*95,237
1,342,8.1'5
08,978
t.'>,40S
34,672
27,002 1164,840

17,0.^1

AUeg. & SiHitlieast.
Traverse City

Int.

reutals.&s.

* „ „
5-j5,f42

$
645,983

Dcpt

Union

over

Gross

Company—

Proin-ieliuy

Plttsb.

year ending December 31, 1879.)
INCOME ACCOUNT.

West Jersey and Cape

Pennsylvania Company.

Erie&

the

issued every other month, and

{For the year tnding December 31, 1879.)
The following statement is given in the Pennsylvania Railroad report of gross earnings, net earnings and proflta and
losses on the lines west of Pittsburg:

N. Castle

,'.t

$27,007,980

Total

ANNUAIi REPORTS.

renna.

$329,098
1,320
1,472,439
1
12, 190

Ilabilitiea

Interest duo and unpaid on
per cent registered bondii
Reserve fund, leased roads
Balance to credit of proti t and loss aooouot

THE INVESTORi}' SUPPLEMENT.
The

431

Common

Dividends unpaid
Debts due suudiy persons
Coutlngent and sinking fund

1,

1880.

Debits.

stock
Preferred stock
Mortgivge loans of 1872-1897
Mortgage loan of 1882-1907
Common loan of 1876-1895
BOiit and car loan, six i>er cent, 1913
Boat and car loan, seven per cent, 1915
IiiiprovenifUt six per cent coupon bonils, 1880
Coupon mortgage bonds, six per cent, 1895
Interest on loans

$876,536
3,192,250
1,709,380
3,990.392
^ 7,852
,56,650

628,100
228,000
1 ,iOO,000

141,434
2,397
~i'JlZ
36,268

THE CHRONIC ;LE.

432

$2,178
29,977

dividend due State of Pennsylvania..,
Bttlanoe to cretllt of Rcueral income ivccouut.

Tax on

$12,802,831
Cretlils.

$11,002
loniis held by the President In Ti-nst
by sundry pcrBons.......
* Reading Kallroad Company, for contingent
^and BinklnK fund
A
..
& Reading Railroad Company.
Ptiiludelplila
liv
due
Bent
General diargi's, being the amount now rharged for tlie
Philadelthe
to
leased
company
estates
of
the
and
worka
phia & KcaUing Railroad Company

7.3,209

Stm-kH and

DeMsduo

1,448

•

Philad<'lplila

::;

Atlanta
tJte

&

Minneapnlifl & Buluth boiidfl on tbellne
frtjni Mlnneai)olis to "White Hear Lake,

Total bonds and interest

From the annual report we learn that the gross earnings for
the year are $777,298, showing an increase over the earnings of
1878 of $148,020. The operating expenses, including the purchase and laying of 1,100 tons of steel rails, were $525,677, leaving net earnings of $251,620. From this amount $35,000 was paid
in interest on the preference bonds, $84,717 expended for extraordinary repairs and permanent improvements, and $12,900 in
equipment and in purchasing this company's proportion of the
white mail cars for the Government service, leavmg a surplus
of $154,003. The balance remaining on hand January 1, 1879,
from the preference bond fund, of $17,363, was turned over to
the credit of the equipment account, and applied in part payment for 3 new freight engines purchased during the year.
The increase of business has been largely of a local nature, and

Cost of construction and equipment
Cash on hand
Due from U. S. Post Office Department
Stock of material on hand
Stock of fuel on hand
Baltmce due from agents
Balance due from other roads
Miscellaneous accounts

Bond account new

$154,003
St. Lonis.

1879.

From freight
From mails and express
Total earnings
Expenses and taxes

Net earnings
on bonds and

Interest

floating debt

$86,954
372,.507

notes,

1881

due montlily

Bills payable
Balance due other roads

$3,900,174

Total

Paducah & Elizabethtown Railroad.
{For the year ending January 31,
EARNINGS AND EXPENSES.

187^.

$86,939
803,816

11,883

14,479

$471,344
284,704

$105,235
266,563

$186,640
162,854

$13,8666

Surplus to income account
$23,785
Percentage of operating expenses to earnings, 6042.
" The extension of the line southwesterly from Albert Lea to
Fort Dodge was finally determined upon in May la.st, and the
portion from Albert Lea to Forest City (35 miles) was located,
right of way secured, and work begun early in June. "The
grading was substantially finished in September, but the track
id not reach Forest City until the early part of December,
owing to the difBculty of getting the iron rails from the mills.
" The Fort Dodge & Fort Ridgely Railroad, extending from
Fort Dodge northerly about thirteen miles, was bought by this
company early in July. This track has been extended sixteen
miles further north, to Livermore Station, near the east fork
of the Des Moines River, in Humboldt County, making twentynine miles of track from Fort Dodge to Livermore.
The
grading on the remaining portion of the line between Forest
City and Livermore (about 39 miles) is about one-half done. It
18 expected that the grading will be finished in the early spring,
and the track laid—so as to make a continuous line from Minneapolis to Fort Dodge— bjr the first of July next.
" An issue of bonds of this company to the amount of $1,100,000, secured by mortgage upon this extension from Albert Lea
to Fort Dodge, has been authorized by the directors, and the
bonds placed in the hands of the Central Trust Company of
New York, and are to be issued only at the rate of $10,000 per
mile of road actually completed. $350,000 of these bonds have
been issued upon the line from Albert Lea to Forest City. The
distance from Albert Lea to Fort Dodge is 102 miles, and when
this line is completed the total bonded debt and yearly iaterest
to be provided for will be as follows

1880.)

Expenses.

Earnings.

$258,704 Transportation freight. .. $38,830
1 1 ,271
71,071 Tra Jtsportutlon pass'gers
56,643
11,882 Motive iiower
17,103
5,197 Maintenance of cais
10,434
o,G14 Renewals of equipment ..
52.583
Maintenance of way
54,357
KeuewalK
of
roadway,
&c.
$352,470
20,482
General expenses
Conatruc.& impruvem't^
2,224
Equipment
5,300
Roadway & structures.

Freight

Passenger
Mail
Express
Miscellaneous
Total

$269,237

Total

$83,232

Balance, or net revenue

INCOME ACCOUNT.
Balance from fiscal year 1879
Net revenue of 1879-80

$33
83,232

$83,266
$4,731

Deduct taxes paid
Deduct additional construction
Deduct additional equipment
Deduct right of way claims paid
Deduct further payments to debit 1878 and 1879

904
2,400
1,000

26—

9,063

$74,202
28,431

and sinking fund on 1st mortgage bonds

$45,771
Balance
45,648
Int. on 2d M. Income bds.for $1,141,200, at $10 per $1,000 bond

Leaving balance to carry forward to fourth

{^or the year ending December 31, 1879.)
The annual report gives the earnings and expenses of this
company for the year as in the table below
Earnings.
From passengers

Equipment

Interest

12,900— 97,617

&

line

New depot grounds, notes due April 25,

$84,71

Minneapolis

$57,276
96,279
2,000,000
455,000
950,000
37.500
40,932
247,384
15.799

Capital stock
Bond account, old line

$525,677
$251,020

Balance

$3,900,174

Unpaid bills, pay-rolls and vouchers
Income account

'

Equipment

748
1,813
10,956
1,606
2,811
5,315
79,466

Or.

EAKNIKGS AND EXPENSES.
Ordinary Expenses.
Earnings.
$482,098 Conducting transport'n.. $169,208
Freight
124,696
234,164 Motive power
Passengers
27,760
40,812 Maiutenauce of cars
MaU
14,'287 Maintenance of way
161,007
Express
43,003
Othersom-ces
5,935 General expenses

Net earnings
The extraordinary expenses have been:

$3,797,457

Total

the growth has been even more rapid than was anticipated by
the hoard when they determined, eighteen months ago, upon a
policy of providing ample facilities for the development of both
the passenger and freight business.
The board has acted on the belief that the best interests of
the bondholders and stockholders required that the work of
Sermanent improvement be carried on with reasonable rapidity,
luring the past year 3 bridges of 6 spans have been rebuilt in
the best manner, a considerable amount of filling in of trestles,
with ample stone culverts, has been done, and wooden structures
for round-house, shop and depot, with platforms and side
tracks, have been put up at Charlotte, and the grading nearly
completed of the company's site for buildings at Atlanta; but
there still remains important wark to be done, and about twothirds of the original amount of trestles to fill.

$777,298

31, 1879.

Dr.

12, 622,305

year ending December 31, 1879.)

Interest.

$2,705,000, at 7 per ccnt,$189,350

CONDENSED BALANCE SHEET, DEC.

Charlotte Air Line.

t'onstruonon

Amount.

XXX.

guuraulccd by this company
$280,000, at 7 per cent, $19,600
M. & St. L., MiDueai>olls to Mcrriam
Junction
455,000, at 7 per cent, 31,850
M. & St. L., Merriam Junction to Albert
Lea
9.50,000, at 7 per cent, 66,500
M. & St. L., Albert Lea to Fort Dodge. .1,020,000, at 7 per cent, 71,400

36,268
58,599

$12,802,834

{For

[Vol.

fiscal

year.

$123

Sntro Tunnel.
{For

the year ending Fib. 29, 1880.)
report of Mr. Adolph Sutro, as superintendent of
the Sutro Tunnel, for the year^ended March 1, 1880, contained
the following:
During the past year the differences between the companies
working the mines on the Comstock lode and this company have
been satisfactorily adjusted, and now perfect harmony between
the dififerent interests prevails. Under the adjustment, the
Sutro Tunnel Company relinquished one-half the royalty of $2
per ton (to which, under the original agreements, it was entitled) as far as ores are concerned which would mill $40 per ton
or under, so that only those ores which yield over $40 per ton
will hereafter have to pay the full royalty.

The annual

The mining companies have also agreed to advance to the
Tunnel Company $70 per running foot for every foot of lateral
tunnel constructed northerly along the line of the Comstock Lode
to the Utah Mine, and southerly to the Overman Mine. This
advance is not to create or constitute a debt against the Tunnel
Company, for which demand could be made nor shall it draw
any interest, but it is to be liquidated out of half the royalties
hereafter earned on ores extracted, and should any mine never
extract ore, such mine shall have no claim against the Tunnel
Company for advances made by it.
The water power on Carson River should be secured by the
Tunnel Company as speedily as possible, not only for the purpose of making cheap compressed air after the machinery is
moved from shaft No. 2 to the tunnel entrance, but also for the
purpose of acquiring a cheap power for the propulsion of mills,
reduction, ana concentrating works. In this connection I desire
to repeat that the quantity of low-grade ores in the Comstock
lode, which have been laid bare by former explorations, is almost unlimited, and with the unsurpassed facilities the Sutro
Tunnel Company possesses for their transportation, milling and
concentration should Jn the future prove one of the mala
;

sources of revenue.
The inventory of the property of the company, furnished by
Mr. Sutro, gives the cost of the tunnel as $4,000,000, and other
prcMperty valued at $494,134.
TTie Secretary makes the following statement of the receipts
and disbursements of the company for the year

Apku,

THE CHRONJCLEl

24, 1880.]

RKCF.IPTS.

t'lo New Moiioo A Southern Faciflo Railroad Company,
to exchange their stock for stock of this company, will
beentitlcd to sub tcrihe for one block of four thousand dollars for each
one liundrca and sevenly-Hve shares held by them, with the privilege of
assigning their rights. No subscrlptlou will be received after the 30Ui

stockholders of

From bulanc© on hand

Mfticli 1, 1879
Stock In >uti'uTnnti<'l Cunipany (sale ofabares)
Ijftteral Ttnincil Consolidation:
Siin Francisco ollicc (sontli lateral)
Mevatlaomce (north lateral)
lU))'alty, at half rates, paid to Nevada OIBce

$11,802
321,270

BUU payable

IDO.OOO

47.G0O
130,220
1)5,732

minor Items

Total, Including other

433

$724,708

who have agreed

day of April.
Engraved recelpU will be Issued In negotiable form, the transfer of
which shall be tubjeet to the approval of the executive committee of
this oomnany until twenty per cent of the subscription shall have
been paid.

Thomas Nickerson,

DISIIIJItSEMJEKTS.

For superintendent's account—
Bemlttcd from ban Krancisco olllce

From

receipts at Nevada oftlce
Sahiries (registrars, transfer OKCuts, secretary, etc.)

LcK»l expenses

Commission on
Interest (on

sales of shares

bills

payable and overdrafts)

Total, Including other

President Atchison To|>oka

1,

^
.... of. one dollar
^„ paid
...
In consideration
by the

4,900
14,890

minor Items

Balance on hand March

688,198

1880

of

January

4.

Address.

$624,401
77,107
150,000
1,680

payable
Hospital fund
Bills

Total liabilities

$853,249
$3,677,794

liabilities

GENERAL INVESTMENT NEWS.
Pacific—Atchison Topeka & Santa Fc— St.
Lonis & San Francisco. The most definite and precise information that has yet been published of the purposes and
Atlantic

&

—

Central Iowa.— In regard to recent reports that holders of
their mortgage bonds had been refused new stock, a communication to the Boston Advertiser says that the charter expressly
provides (Art. IV.) that " one share of (new) stock shall be
given for each |100 of floating indebtedness, and the third
mortgage bonds shall be received and treated as floating indebtedness only as far as it has canceled or paid any actnal
bona fide debt of the Central Railroad Company of Iowa."

Thus the slur upon the action of the management, that new
stock has been issued for the "plain notes" without the " surrender of the bonds," is entirely uncalled for, as, in so doing,
the directors have done just what they are obliged to do by the
charter of the road, which does not recognize the third mortgage bonds apart from the floating indebtedness.
The Central Iowa Railway Company proposes to pay immediately the interest due July 15 on its first mortgage bonds,
on condition that bondholders will deduct 6 per cent from the
face of the coupons as a rebate.

prospects of the great Atlantic & Pacific Railroad Company is
contained in the circular below. This is a company not within,
but rather outside of, two other companies the Atchison
Topeka & Santa Fe and the St. Louis & San Francisco railroads, which will give a " traffic guarantee " to the Atlantic &
Pacific.^ The circular concerning the building of the Atlantic
& Pacific Koad, and subscription rights to its securities, issued
Chicago MilTvaulcee & St. Paul- Sonthern Minnesota.—
from the office of the Atchison Topeka & Santa Fe Railroad The Southern Minnesota Railroad will be taken possession of
Company, is as follows
by the Chicago Milwaukee & St. Paul Railroad Company May
CIRCULAR NO. 52.
The offices of the road will remain at La Crosse, for the
1.
The Atlantic & Pacific Railroad Company is now constructing, and will gresent at least. It will be called the
Southern Minnesota
complete as rapidly as practicable, that part of its authorized line of
ivision of the Chicago Milwaukee & St. Paul Railroad.
raih'oad and tclcfjiaph extending from the iirescnt terminus of the lino
of the Atchison Topeka & Santa Fe Railroad, at or near Albuquerque on
In regard to the reported new issue of bonds by the Milwauthe Rio Grande in New Mexico, and thence following, as near as prac- kee & St. Paul Road, it is stated that
the company will issue
ticable, the thirty-Hfth parallel, through Arizona to the Colorado River,
and thence, by the most eligible route in the State of California, to the about $9,000,000 six per cent bonds on the Southern Minnesota.
These bonds are to be known as the Chicago St. Paul &
Pacific coast.
The company is entitled, by act of Congress, to the alternate sections Milwaukee (Southern Minnesota Division) bonds, and
for
of public land on each side of its railroad, to the extent of 25,600 acres
per mile in the Territories and 12,800 acres per mile in the States exchange the new bonds are to be issued at the rate of about
$125 to $137 of the old. The bonds under this mortgage are to
through which its road may pass.
The railroads of the Atchison Topeka & Santa Fe Railroad Company, be applied as follows, viz.:
and of the St. Louis & San Francisco Railway Company, connect in the
Nos. 1 to 6,124 to retire the following old liens
State of Kansas and these companies have agreed with the Atlantic &
" Pink " bonds, 7 per cent
$225,000
Pacific Railroad Company to build immediately the line of railroad and Southern Minnesota Railroad
Do. coiiRtructlon bonds, and sld accrued luterest.$4,474,376
telegraph above described, to be known as the Western Division of the
Less
concession
to
C.
M.
St. P. Ry
&
309,376-4,165,000
Atlantic & Pacific Railroad, and to operate it in connection with their
bonds, 7 per cent, redeemable at par
1,266,000
own roads, as a continuous through lino from the Mississippi and Extension
Ceutral Railroad Ist mortgage 7 per cent bonds, $600,000
Missouri Rivers to the Pacific Ocean.
redeemable at 78 per cent of par value
468,000
The Atlantic & Pacific Railroad Company will issue, upon said Western
Division, its first mortgage bonds at the rate of twenty five thousand dolTotal
$6,124,000
lars per mile, and its income bonds at the rate of eighteen thousand
seven hundred and fifty dollars per mile. And for the purpose of providNos. 6,125 to 6,586 to complete the railway from Flandreaa
lug means for the immediate construction and equipment of Us said to Sioux Falls.
Uiie of road westward from the Rio Grande to the Colorado River, a
Nos. 6,587 to 7,000 to the purchase of equipment for, and
distance of about six hundred miles, it will take a cash subscription of
ten million doUnrs from the stockholders of the Atchison Topeka & Santa making permanent improvements on, the " Southern Minnesota
Fe Railroad Company and the St. Louis & San Francisco Railioad Com- Division."
pany—five million dollars from each company.
Nos. 7,001 to 9,000 to the construction and equipment of an
The first mortgage six per ceutgold sinking-fund bonds above referred
to will be issued in coupon and registered form, secured by a first Hen extension of the branch from Mankato to Minneapolis and St.
upon the railroa<i, lands, land grants and other property of the said West- Cloud, but only to the amount of its actual cost, and not
em Division, payable July 1, 1910, and may be canceled wheuever the exceeding $15,000 per mile, in sections of ten miles
each of combonds can be purchased at not exceeding 110 per cent aud interest.
The Atchison Topeka &, Santa Fe Railroad Company and the St. Louis <k pleted road.
Han Iranclsco Railw.ay Company have severally guaranteed the payChicago & Northwestern. This company has placed
ment of the interest on said bonds to the extent of 25 per cent of their
respective gross earnings upon all business received from and delivered $3,000,000 of bonds on a part of its Nortnwestern Division
to said Western Division, during tlie six months ending on the first days through Messrs. Winslow, Lanier & Co. and others.
of the preceding October and April respectively, and each bond will bear
Chicago & Pacific— Chicago Milwaukee & St. Paul.- The
a certificate to that effect.
The distance from Kansas City to Albuquerque by the Atchison Topeka questions pending between the different parties litigating as
4 Saute Fe Road is 918 miles, and from St. Louis by the St. Louis &. San to the Chicago & Pacific road have been adjusted. By consent
Francisco Road to a junction with tbc main line of the Atchison Topeka
& Saute Fe Road is 547 miles, aggregating 1,465 miles, which will be the" following order was entered in Chicago by Judge Blodgett.
Whereas, There was issued by Henry W. Bishop,
contributory to said guarantee.
aster in
To secure such interest advances and the completion of the Western Chancery in this Court, to John I. Blair, E. F. Hatneld and W.
Division, should the proceeds of the first mortgage aud Income bonds
prove insutllcieut therefor, but for no other purposes, a second mortg.tge B. Cutting a certificate of purchase of the property of said
m.ay be issued upon said Western Division at the rate of $10,000 a mile, Railroad Company, bearing date the 1st day of M*v, A. D.
seemed by a second lieu upon the road, land grant and other property or 1879, entitling the said above-named parties to a deea of the
t r
j
said Western Division.
The income bonds above referred to will be issued in coupon and regis- said premises unless redeemed according to law ; and
Wlureas, On the 9th day of April, A. D. 1880, the said
tered form, secured by a mortgage on the net earnings of the Western
Division, as therein described, payable October 1, 1910, with semi- Chicago & Pacific Railroad Company deposited iu the registry
annual interest to the extent of such net earnings, but not exceeding six of this Court the sum of $1,002,369 16 to redeem the said
per cent per annum, and nou-oumulatlvo.
premises from such certificate of sale ;
PROPOSAL.
_
It is therefore ordered that W. H. Bradley, Clerk of this
For $4,000 in cash, p.ayable ten per cent within ten days after allotment, and not exceeding ten per cent in any one month thereafter, the Court, pay Messrs. K. C. and W. C. Lamed and George W.
I'^c'lc Railroad Company will deliver to the subscriber Smith, solicitors of the said John I. Blair, \V. F Hatfield and
oivl!J„''«r
*^,000
of its first mortgage bonds and ,f 3,000 of its Incnine bonds.
William Bayard Cutting, the said sum of $1,002,369 16 on said
Interest will bo allowed upon all such pajTiicnts at the rate of six per
cent per annum, payable semi-annually, the first payment of interest to parties presenting and surrendering to said clerk for cancellabe made January 1, 1881, with a<yustment of interest on the fli-st mort
tion the said certificate of purchase."
gage bonds upon full payment of the subscription aud delivery of the
The Milwaukee & St. Paul expects to get possession of the
ccuriticSi
The suits against the Chicag'O
All subscriptions must be made In blocks of four thousand dollar.i Chicago & Pacific about May 1.
or multiples thereof, aud on condition that they may be cancelcil & Pacific instituted by the Blair parties have been withdrawn.
any time before forty per cent shall have been called, in whole oiThe Chicago Milwaukee & St. Paul Railroad Company has
in part, but not less than twenty per cent at any one time
and in sucli
case the subscribers shall be repaid the money paid by them, with negotiated with Messrs. Kuhn, Loeb & Co., of New iork, for
the sale of $3,000,000 bonds on its Chicago & Pacific Division.
'<"'*^> and shall receive income bonds at the rate of
i,1,?r'"J'' "• "''^ l"'""
''"'' *' '*""^ "'' suhscriptiou canceled.
Particulars regarding this loan have not yet been published.
1.^ 11
failure to pay any instalment when due will render the subscriiition
Cincinnati Wabash & Michigan.—The bondholders met in
ana any instalments already paid subject to forfeiture at the discretiou
of the board of directors.
Wabash, Ind., April 14, and organized a new company, merely
Stockholders of record on the 13th day of April of this company, aud substituting " Railway " for " Railroad" in the new title. Tho

—

:

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1

Co.

Nome,

$36,510

1S77

Interest thereou

Excess of assets OTcr

Sauu Ke BaUroad

Bo»TO!», April 15, 1880.
Atlantic A. PaclDo Railroad

Cioinpany, the receipt of which Is hereby acknowledged
hereby
subscribe for
blocks of four thousand dollars ($1,000) each, of the
seciu'ltles named in the annexed circular No. 52 of the AtcMson Topeka
& Santa Fe Railroad (,'ompany, dated April 15, 1880, and agree to pay
for the same to the said Atchison Topeka St. Santa Fe Railroad Company,
or Its order, on the terms and conditions set forth In said circular.

LIAIIIUTIE8.

Under mortgage

iSi

SL'USCUIITIUK.

$489,380
160,301
4,010
10,066

—

M

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THE (CHRONICLE.

434

foreclosure of the firet mortroad was sold on Nov. 5 last under
ihe
by the bondholders,
bought
was
and
$2,000,000,
Sajre for

[Vol.

XXX.

capital stock on May 22 next l.'i.OOO shares ($1,500,000), in partial payment for the construction of the company's Evansville

division.
new company is $3,000,000.
subbeen
has
Pliiladelphia & Reading.— The following is the monthly
summary
following
Georgia Railroad.— The
comparative statement of gross receipts, tonnage, Ac, for the
mitted for the year ending March 31
month of March and for four months of the company's fiscal
*
Net eiiriiluga tr:iU»noitation depivrtment

capital stock of the

0T4V7

Net earinuns Uauklng department
Dividends on stock and interest

t^'aov
^'

GROSS BECRIPT8.

....$407,01!)

•-•

Total

year

'

Less interest on bonds, taxes, rents,

.'.".'---•
io.'.".'.'."!.'.'.'

133,304

«301,G15

1880.

1879
Four mo.**.
March.
$889,569 $3,42(),09G
75.864
84,864
226,496
69.647
6,001
20,420
.

Four mos.
March.
$1 ,404,877 $4,980,212
35.503
6,893
227.950
37,978
Steam colliers
29,640
7,571
Kichmoud coal barges..

Railroad trafllc
Canal traffic

Net income
previous year
This shows an increase of $44,133 over the
issued and
During the year $156,500 new 6 per cent bonds were
$1,457,321 $5,279,307 $1,041,141 $.3,757,878
<'f t'271,.)00.
Total Railroad Co
$428,000 old 7 per cent bonds retired, a decrease
753,178
2,311,271
2,854,476
927,670
Reading Coill & Iron Co.
The bonded debt (.including guaranteed bonds) is now !tj2,Jda,5UU.
$8,133,783
$6,009,119
.$2,384;991
$1,794,320
all
says
Total of
Indianapolis Delplii & Chicago.—A Chicago report
Rensselaer, Ind.,
TOSNAOE AND PASSKSOEnS,
that this narrow-gauge line, from Delphi to
of
Solicitor
600,493
1,944,302
2,0-44,320
537,809
Tons of coal on v.ailro,id
has iust been purchased by H. Crawford, General
301,702
544,393
1,920,705
1 ,024,080
..
uiiTC.liaiulise.
Western Indiana TonHof
the Chicago & Eastern Illinois and .Chicago &
510,762
1,937,880
2,81:2,735
715,208
cairied
Passengers
^auge,
The road is being converted into a standard
railroads.
by
Coal transported
it will
178,586
167,595
56,236
40,196
steam colliers...
and is to be extended from Rensselaer to Dyer, where
At Delphi connection is
connect with the Eastern Illinois.
stockholders of
The
Southern.Mountain
&
Iron
Louis
St.
from
line
a
made with the Wabash, which will give that road
short the St. Louis Iron Mountain & Southern Railroad, at their
Chicago to Toledo that is onlv 40 miles longer than the
following board of
will annual meeting in St. Louis, elected the
Ihis
Southern.
line by way of the Lake Shore & Michigan
directors to serve for the ensuing year: Joseph S. Lowry,
seaEastern
to
Chicago
make the Wabash a trunk line from
Samuel Shethar, Warren Delano. J. T. Terrj- and H. G. Marboards.
quand, of New York Henry Whelen, of Philadelphia R. A.
Lake Ontario Southern.—This is the name of a road now Edgarton, of Little Rock, and Ruf us J. Lackland, John R. Lionon Lake
in process of construction from Great Sodus Bay,
berger, William R. Allen, W. M. Seuter, Thomas Allen and
Ontario, to the bituminous coal regions of Potter County, Pa., George S. Drake, of St. Louis.
a distance of 155 miles. The nucleus was formed by the conNotice is given that seven per cent interest (being for one
Bolidation of the Ontario Southern and the Geneva HornellsviUe year to Dec. 31, 1879) on the first preferred income bonds of
-five
& Pine Creek Railroad Companies. In operation thirty
this company will be paid on May 15, proximo, at the office in
miles south from Sodus Bay. An extension of the Philadel- New York.
phia & Beading Railroad to Gaines will give the line connecSelma Rome & Dalton. The American Exchange gives an
tions with the East and West.
account of the litigation in regard to this company from which
Laurens Railroad. This road was to have been sold at the the following is condensed A meeting of the first mortgage
same time as the Greenville & Columbia, but the Court post- bondholdei's of the Alabama & Tennessee River Railroad ( now
poned the sale until August 15. The road extends from New- the Selma Rome & Dalton) has been called for the second week
berry, S. C, to Laurensville, 32 mOes.
in May, to consider what action shall be taken for the protecLouisville New Albany & Chicago.—This company, it is tion of their interests at the forthcoming foreclosure sale of the
of
bonds
to
mortgage
of
$3,000,000
rumored, proposes an issue
property of the company in Alabama on June 14. The bondits stockholders at 20 cents on the dollar to put the road in holders' committee has detailed a competent railroad engineer to
bonded
debt.
has
no
company
The
order.
examine the present condition of the road, and his report will be
Mobile & Ohio. The stockholders of this company, at a submitted to the meeting for its information. In the meantime
meeting on Tuesday, by a vote of 4t,931 out of a total of 53,206, the counsel of the Selma Rome & Dalton Company are
unanimously approved the acceptance of the act of the Missis- considering the question of taking an appeal to the United
sippi Legislature, passed March 5, under which the State relin- States Supreme Court from the decision of the Alabama Courts
quishes its judgment obtained against the company on account affirming the validity of the Alabama & Tennessee River
of the Chickasaw school fund, amounting to $397,866, with mortgages. In 1852 the Alabama & Tennessee River Railroad
interest from February 1, 1876, at 8 per cent per annum, on Company was organized to build a road from Selma, Ala., to
condition of the company consenting to the repeal of the third Gadsden, on the Tennessee River, a distance of 170 miles. 'The
section of its charter, which exempted it from taxation until its company built 135 miles of the road and partly graded 10
surplus earnings reached 8 per cent of its capital. This was miles. The Selma Rome & Dalton Company wa-s organized in
the only important claim against the company that remained 1868, deeds of convej'anee obtained from the Alabama & Tento be settled, all the others being united in the scheme of reor- nessee River Company and the Dalton & Jacksonville and the
ganization.
Georgia & Alabama companies, and the three roads consolidated
The old AlaNew Orleans & Paciflc. It is reported that Jay Gould under the management of the new corporation.
and Thomas A. Scott have purchased the New Orleans & Paciflc bama road was rebuilt, it is claimed, at a cost of $1,000,000, and
Railroad, of which about 100 miles are graded, and by the the line extended 101 miles to Dalton, Ga., at a cost of some
terms of the contract it is to be completed to Alexandria and $2,000,000. After much litigation as to the lien of the Alabama
The present creditors have & Tennessee River Mortgage, the case went to the Alabama
Shreveport within 18 months.
agreed to accept 50 cents on the dollar for their claims in first Supreme Court, and about six weeks ago the Court rendered its
mortgage bonds of the new company, which is to be organized final decision, re-establishing the subjection of the whole 172
by the purchasers. These debts aggregate between $350,000 miles of road in Alabama to the first and second mortgages of
and $400,000. The route to be followed is to cross the Missis- the Alabama & Tennessee River Company. The Court held,
sippi River at Baton Rouge, and thence down the east bank however, that the 440,000 acres of public lands granted by Congress to aid in the construction of the Alabama & Tennessee
to New Orleans.
the Selma Rome & Dalton mortOhio & Mississippi. Mr. John King, Jr., receiver of the River Road were subject to
certificates outstanding
Ohio & Mississippi Railroad, filed his report of receipts and dis- gages as superior liens. The receivers'
were made a lien on the company's equipment. The capital
bursements for tne month of March as follows:
and debt of the Selma Rome & Dalton Railroad Company are
RECEUTS.
follows: First mortgage, $5,000,000; second mortgage,
Caen on hand March 1
$201 ,897 about as
The
total, $12,900,000.
Cash from station agents
541.243 $3,900,000 capital stock, $4,000,000
Cash from c-ondiictord
5,61*2
Alabama & Tennessee River bondholders claim $791,000 for the
Individuals, railroad companies, etc
86,508 outstanding first mortgage bonds, with arrearages of interest
Adams and American Express Companies
688
for nineteen years and compound interest, and $230,000 second
Total
$835,952 mortgage bonds, with arrearages of interest for fifteen years.
DISBURSEMENTS.
There are also outstanding $615,837 receivers' certificates,
Vouchers prior to Nov. 18, 1876
$35,030
Voucherti subsequent to Nov. 17,1876
322,763 including interest.
Payrolls Nov. 17, 1876
122,615
Toledo Peoria & Warsaw.—The receiver, A. L Hopkins, has
Arrearage Nov. 17. 1876
200
though the road was
Cash on band April 1
355,282 filed a petition in Chicago, stating that,
sold under foreclosure decree in January last, the purchasers
Total
$835,952 have not vet completed the reorganization of the road, and wiU
Pennsylvania Railroad.- The statement of the busine.ss of not be able to do so until June, so that he is still in possession.
all lines of the Pennsylvania Railroad Company east of Pitts- He ha^i on hand about $78,000, and, pursuant to an order of
burg and Erie for JIarch, 188'J. as compared with the same Judge Drummond, the Purchasing Committee gives notice that
month in 1879, is remarkably favorable, and shows an increase on and after April 26 the Farmers' Loan and Trust Company
in gross earnings of $675,118 ; an increase of expen.ses of $151,- will pay $21 92 per bond of the Eastern Division, $21 68 per
093 ; an increase in net earnings of $524,025. The three months bond of the Western Division and $13 14 per bond of the Burof 1880, as compared with the same period in 1879, show an lington Division.
increa.se in gross earnings of $1,621,782 ; an increase in expenses
Wabash St. Louis & Pacific—As to the consolidated mor(^
of $691,795 ; an increa.se in net earnings of $929,987. All lines
gage of $50,000,000 it is stated that there are to be reserved for the
west of Pittsburg and Erie for the three months of 1880 show a
retirement of the existing mortgages on the several roads now
surplus over liabilities of $979,185, being a gain over the same
comprising the consolidated .system $36,000,000 bonds. For the acperiod in 1879 of $829,736.
quisition of additional roads; $9,000,000 bonds are to be issued,
Peoria Decatur & Evansville.— The company has given to be a first lien on the roads when acquired at a rate not to exnotice to the Stock Exchange of its intention to increase its eeed $15,000 per mile.
;

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:

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—

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i

Apkil

THE CHRONICLE

34, 1S60.]

COTTON.

Tht ^ommtvcml ^im cs.
COMMERCIAL EPITOME.
Friday Nioht. April

FniDAY. p. M.. April 28. 1880.
Crop, as indicated by our tolegrams
from the South to-night, is given below. For the week endiDp
this evening (April 23), the total receipts have reached 80,714
bales, against 88,910 bales last week, 37,r,'2a bales the previooa
week, and 47,893 bales three weeks since, making the toUl

The Movement of the

23, 1880.

The past week has witnessed more seasonable weather, and
some improvement in regular trade as well as less depression in
speculation. There is still, however, a lack of spirit and confidence in both trade and speculative circles, and views of the
future of prices are wholly unsettled. It is, however, much
easier to buy than to sell.
The opening of the Erie Canal on
Tuesday last was followed almost immediately by such a serious
break in its banks that its navigation is postponed for two
weeks at least, and the needed supplies of grain at this market
subjected to an unfortunate delay. The money market has

worked

435

easier.

receipts since the 1st of Septemlier, 1879, 4,01)8,009 bales, against
4,394,734 bales for the same period of 1878-9, showing an iDcrease
since September 1, 1879, of 313,38') bales. The details of th»
receipts for this week (as per telegraph) and for the corresponding
weeks of four previous years are as follows:

Becelpta this w'k at

Now

1880.

Orleana...

Mobile
Charleston
Port Royal, &c.

Savannah

In provisions considerable improvement has been noticed
during the past week ; a better business for export has been
accomplished, and higher prices have been current. To-day
old mess pork on the spot was quoted at $10 25@ij'10 50 new

1879.

0,G04
1,71G
1,597

2,740
5,033

Qalveston

1878.

1877.

1876.

1,998
1,317

9,398
2,729
1,156

13
4,713
1,640

323

326

208

1,395
2,791

1.109

1,652
4,213

9,79,5

[ndlanola,

<&c...,

49

Tennessee,
Florida

<bo...

8,198

8,906

69
403

401
590

14,902
1,337
1,897

900
14

2
13,632

3,508
31

10,151
2,180
1,019

306
4,287

64
39
North Carolina.
1,163
578
1,531
$10 50@$11 do. for May, $10 60@$10 70 ; June, $10 65@$10 Norfolk
6,793
5.410
5,261
1,838
2,963
422
75 July, $10 70@$10 90 ; August, $10 80@$11 bid and asked. City Point,
1,301
392
201
370
Bacon has been dull, and closes weak at 6'70c. for long clear
Total this week ...
30,714
36,183
38,856
26,641
29,858
and 6%c. for long and short together. Lard opened fully 10c.
Total since Sept. 1, 1,003,009 1,294,724 4,082,607 3,823,070 3,915,35t
per 100 lbs. higher, but reacted somewhat toward the close
The exports for the week ending this evening reach a total of
choice new Western was sold on the spot at 7'37/6e., prime do.
quoted 7'32?6®7-35c.; in options April sold at 7-32^c., May 64,571 bales, of which 51,791 were to Great Britain, 3,717 to
France, and 9,003 to rest of the Continent, while the stocks as
7-32j^@7-27^c., June 1-32)^@T31}^o., July 7-32i^@7-40c., made un this evening are now 048,203 bales.
Below are the
August 7-40@7-42>^c. and seller the year 7-25@7-27^c.; refined exports for the week and stocks tonight, and a comparison with
to the Continent sold at 7-62^e., closing at 7-67^c. Butter has the corresponding period of last season.
been dull and weak, while cheese has been more active, and
EXPORTED TO—
Week
STOCK.
Total
,

;

;

,

Ac

;

;

higher.

Rio

ending

has continued very quiet, and at one time declined
and though later there was a reaction
;
to the quotation of a week ago— 14Mc. the market has hardly
been any more than nominal at that figure. There have been
numerous rumors concerning sales of Rio coffee, reported to be
held by agents of the Brazilian Government in this city and
Baltimore, but nothing has been authenticated. Mild grades
have met with only a moderate trade, as a rule, though Maracaibo and Laguayra have sold fairly at prices showing no material change.
Rice has been less active, but prices have not
varied materially from those of last week. Molasses has been
in only moderate demand, and reh'ning stock has fallen to 37@
38c. for Cuba, 50 degrees test, and the quoted range for Porto
Rico has been 35@50c ; New Orleans has shown no change.
Raw sugar has been quiet and rather weak, especially for Muscovado, centrifugal being in the best position. Refiners who
recently received large importations show no inclination to purchase anj'thing much but an occasional cargo of Pernambuco
or Iloilo for their common products, and the market closes to a
great extent nominal at 7 9-Ma@1%e. for fair Cuba refining.
Refined has been quiet of late at easier prices, crushed being
quoted at Q)^®9%e., powdered at 9)^e., and granulated at 9%
The following shows the movement in raw here
Hhds.
Boxes.
Ba
laps.
Melado.
Receipts since April 1, 1830
03,598
4,865
225,454
1,154
coflFee

to 14c. for fair cargoes

—

Great

April 23. Britain.

21,011
4,513

X. Orl'ns
Mobile..

Oharl-fn
Savan'h.

York.

NorfolkOther*.,
rot.

3,244

9,063
....

this

Same
Week

Week.

1879.

33,318
4,513

1,543
2,025
14,198
4,913
3,583

473

51,791

3,717

....

1880.

1879.

1,543
2,025
14,671
4,913
3,588

16,863 2ll,072'l30,397
2,017 35,216(
7,453
3,070 26,803
9,203
19,631 15,060
34.147 17.018
5,764 266,812 180,314
5,770 11,959 11,318
4,522 42,500 27,000

64,.571

38,006 618,203 397,834

....

aalv't'nsr.

Continent.

France.

thU

week..

9,063

Eotsinoe
Sept. 1.. 2045,459 323,974 730,787

3100,220 3113,294

•The exports this week under the head of " other ports" iDclade. from Baltimore, 1,713 bales to Liverpool, aud from Soston 1,875 balea to Liverpool.

J'rom the foregoing statement it will be seen that, compared
with the corresponding week of last season, there is an increcue
in the exports this week of 26,565 bales, while the stocks to-night
are 250,309 bales mare than they were at this time a year ago.
In addition to above exports, our telegrams to-night also give
us the following amounts of cotton on shipboard, not cleared, at

We

the ports named.
add also similar figures for New York,
which are prepared for our special use by Messrs. Carej, Yale

&

Lambert. 60 Beaver street

:

Sales since April 1 1880
Stock April 21, 1880
Stock April 23, 1879

3 1,967
63,417
37,420

,

4,304

796
25,839

142,068
733,057
681,387

2,002
2,637
2,154

On
Liverpool.

There has been rather more doing in Kentucky tobacco, and New Orleans
Mobile
week are 750 hhds., of which 600 hhds. for ex- Charleston
port and 150 hhds. for home consumption. Prices are firm, Savannah
and the close is with a good inquiry to fill Regie contracts. Galveston
New York
Lugs quoted at 4@o}2e., and leaf 6ai2c. Seed leaf remains Other
porta
quiet, but prices are pretty fully sustained, there being no
Total
pressure upon the market. Sales for the week are 734 cases,
sales for the

crop of 1878, as follows 250 ca.ses Pennsylvania, 10c. to 20c.;
300 cases New England, 12c. to 28c.; 54 cases Ohio, llj^c; 30
all

:

cases State, p.

t.; and 100 cases sundries, 9c. to IGc.
Spani.sh
tobacco has been quiet, and the sales are only 300 bales Havana,

at 85c.@$l 10.
In ocean freight room the movement has of late been less
liberal, owing to the higher cost of most of the leading staples,
particularly breadstuffs. Rates have shown weakness, and in
the instance of berth room, a sharp decline. The engagements
to-day included grain to Liverpool, by steam, 4^d., 60 lbs.; cotton, 5-16d.; provisions, 32s. 6d.@40s.; cotton, by sail, 17-64d.;
grain to London, by steam, 4!4d., 60 lbs.; do. to Glasgow, by
steam, 4^d., 60 lbs.; do. by steamer to Cork for orders, 4s. Od.;
if Hull direct, 48. 6d ; do. by sail, 5s. per qr.; do. to Riva
Deo, 6s. per qr. There were no petroleum charters.
Naval stores have been without important features ; spirits
turpentine closes dull at 32@32^c., and strained to good
strained rosins, $1 30@$1 40. Petroleum has continued dull
and wholly nominal at 7^c. for refined, in bbls. Crude certificates have ruled easy and close at 72^c. bid.
Tallow has
ruled dull at 6>^c." Whiskey closes dull at $1 10(a$l 11.
Metals are about demoralized ; all descriptions show further
declines and still business is of the most limited proportions.
Ingot copper quiet at 21@21^c. for Lake.

Shipboard, not cleared—for

Leaving

April 23, at—

I

France.'

Ot''6''

Coastr

Foreign

wise.

1,380
None.

34,630
4,200
0,06i
None.
9.136
9,100
6,000

3,178
3,300
2.450
None.
None.
None.
None.

600

1,000
None.
None.

None,

500

69.1-

8,928

18.732

2,930

5.848
2,000
3,400
5,300
1,584

50

Stock.

45,056
9,500
11,962
6.300
10.720

165.986
25,716
14,901

16,700
6,500

13,234
23,427
250,112
47,959

106.768

541,435

«

I

Total.

Included in this amount there are 7.000 b.iles at presses for foreigu
ports, the (lestiuatiou of which we cannot learn.
*

The following

is

our usual table showing the movement of
from Sept. 1 to Apr. 16, the latest mail dates:

cotton at all the ports

KECEIPTS SINCE
SEPT.

Posts.

1879.

1.

1878.

EXPORTEU SINCE SEPT.
Great

Other

Britain. France. (Foreign
I

N.Orlns 1398,568 1135,430i 702,836 233,526,214,862
Mobile
6,791 13,455
339,823 352,165
07,249
Char'n'
461,917 507,661 142,559 16,914|l51,810
aav'h.. 710,759 034.390| 135,105 1S.950'211.034
Galv.*
448,376 540.9371 192,881 21,735 47,304,
N.York 177,953 140,240 282,937 19,635 42,492
Florida
19,958
55,533]
N. Car. 101.554 132,328
22,668
1,177 10,447
Norrk* 671.959 53l,033| 209.698
5.840
1,479
Other.. 240,398 173,824 187,73.-,
21,430
nils yr. 4571,295

1

TO—
atook.
Total.

1151.224 235,093
87,495 38.709
314,283 25,606
415,089 19.802
261.970 32,912
345,064 268.054
34,292
217,017
209,215

3.481
16,983
41.000

1993.668 320.257 721.724 3035,019

I-

LaBt year

1253,541 1794,.572 389.792 890 921 3075,288

* Under the head of Charltaton Is Included Port Uoral. &c.; under the head of
ffatvMton la iDoluied Indlanola, &c.; under thu head of ^arfoU. la Included Citr
Paint, Ac.

THE CHRONK^LE.

436

The Bpeculation in futures has not been so active as last veek,
but pricfs have continued to fluctuate widely. The upward tendency noticed at the close of our last was continued with
considerable vigor throughout Saturday and Monday, carrying prices up 83@89 hundredths above the lowest prices
of the previous week. But on Tuesday this movement collapsed,
and nearly the whole of the above advance was lost during the
Wednesday was variable, closing
closing hours of that day.
Yesterday the market cantinued variable, but
slightly dearer.
the close was at 5@10 hundredths decline, September and October
showing notable depression. To-day there was a decline of 13@
15 hundredths, followed by a partial recovery. Cotton on the
spot was firmer after the revision of quotations on Friday last,
and on Monday quotations were advanced Jc, but prices became
weak on Tuesday, and on Wednesday official figures were reduced
Yesterday there
l-16c. with a very largt- business for export.
was a further decline of l-16c. with a limited business at the decline. To-day there was a further decline of ic, to Hie. for middling uplands, leading to a large taking for export.
The total sales for forward delivery for the week are 859,100
free on board.
For immediate delivery the
bales, including

18-.i7

BOO

123S

1,600
2,100

ISiSiS

show the

NEW

April 17 to
April 23.

Ordln'y.^B

10

Strict Ord.. 1038

lOifl

Good Ord..

11

Btr. G'll Oril 11»8

lli^
11«8

ORLEANS.
nion Toes

Sat.

lOig
1058
Ills
1138

10

10
10 la

lOia
11

1016

10=8
Ills
1138

Good Mid
12H
Btr. G'dMid 1213

1238

Hldd'g Fair 13

1316

11
11'4
UM.
11»8 11%
11»8
11%
llisie 111318 111°16 lUhe
1218
12
12
121a
1238
1238
121a
121a
12S8
12=8 12%
12%
13ie
13>4
1314
13>8

13%

13%

Low

Midd'g 1113

Btr.L'wMid Uriis ll"l8
12
Hlddling.
ll^e

13=8

Wail

V^^

13%

III4
11=8

12,900
8,000
2.400
1,100
1,600
3,300

11%

11%

1138

1138

11%

11%

12
1236
12=8
1318

12%
12%
12%

I314

I314
IS's

13''8

I

1

£0(1

..

11-B2

900

11-22
11-23
11-24
11-25
11-28
11-27
11-23

11 63

1,900

1129

900
800

11-30
11-31
11-82

1,500

200

U-86

l.TOO
1,800
2,200

:i-60

1,700_

11-Ul

lOe"

100
900
100
100

1,200

11-68
11-67
11-71
11-75

1,800

U-Sl

400
400
700

.11-82

100

11-83
11-84
11-85

900
500
300
200
200
bOO
300
300
900

1176

100
100
800
500
900

11-77
11-78
.11-79

11-bO

1,600

1209
1210
12-11
12-12
12-13
12-11
)2-15
12-16
12-17
12-18
12-lK

200
400

1186

300...

11-91

300
500
a«0
200
200
aOO

11-92
11-93
11-91
11-96

11-87

1,400
1,200

11-97
11-99
12-00
12-01

200

1202

100

12-03
12-04
12-05
12 08
12-07
12-08
12-09

1220

700
500
100

200

12-21

700.

3,200
1,500
4,900
5,600
4.306
4,100
4,500
8,800
8,000
4.300
2,200
1,400

12-22
12-23
12-24
12-25
12-26
12-27
12-28

300
100
1,800

12-10
12-11
12-12

100
600

1213
1215

300
100

12-29

12-30

3,300

700
200
600
600
SOO
880
200

1,400

12-04
12-05
12-06
12-07
12-08

5.600
2,800
4,000
8,300
2,900
1,300
4,100
2,100
1,700

11-11
11-12
11-14
11-lS
11-16

500
...11-5!!

1203

3,900.

1,800
700.

600

12-02

7,700

n-10

5(0
1

26,500

12-31
12-32
12-33

Bales.
500
100
100
100
100
200
300

Cts.
11-09

300

1

For September.

1201

4,-.800

Bales.
1,000
1,100

1

11-33

11-90
11-91
11-02
11-93
11-94
11-96
11-97
11-98
11-99
12-00

11,200
8,600
12,400
3,100
1,800
8,700
3,700
4,500
4,100

10=8

12%
12%
12%

1239

;i-s»

700
200
300
900
900

U13i8 lllSie llisia

13%

13'78

10%

1,900

11-87
11-88

1,900

Sat. inon. Taeii
101*
10=8

12-3-t

For August.
1!P4

2,000
3,100
1,700

TEXAS.
10
lOia
11

2.100...

|

207,500

past week:

UPLANDS.
Sat. nion Tae>

3,500
1,800

Cts.
12-34
12-35
12-36
12-37

178,900

quotations and sales for each day of the

offlcial

18-3«
ia-31

»00

total sales foot up this week 23,038 bales, including 30,511 for
in
export, 2,113 for consumption, 414 for speculation, and
bales were to arrive. The following
transit. Of the above,

tables

Bales.
2.900
8,300

Ots.

Bales.
a,800

XX\,

f[VoL.

For October.

t-00

too
200.

15.000

For December.

500
8«0

10-86
lo-sr
10-88
10-89
10-90
10-94
10-96

1,000

10-W

200
600
200
800
200
400
500
200
900
800
300

10-97
11-00
11-01

1,200

.11-18

100
500
400

„... 11-22

100
800
100
100
1,500

32,400

100
300
400

10-88
10-88

1,300

100
100
SOO

10-90
10-H2
10-93
10-98
10-99

1.(00

1100

300

11-01

11-03
11-04
11-06

IIOS
ll-OS

n-14
lllft
11-16

700

11-24
11-26
11-2B
11-27

1.200,.

U-28

For Novemfcer.

2.300

10-t<9

800

..

400
200
600
600
800
90U

15,600

I

For January.
11-00

bOO
110

ii-oa
11-23
ll-SL

200

'

100

800',;!',','.'.'.!!ll-03l

11-07

700

300

U-33

300
100
200

U-14
11-15
11-18
11-lJ
11-18
11-19
11-20
11-21
11-28
11-25
11-26
11-27
11-28
11-29
11-30

1,500
1,106

11-34
11-36
11-36
11-37
11-40
11 41
11-42
11-43
11-44
11-45
11-47
11-49
11-50
11-51
11-52
11-53
11-54
11-55
11-56
11-57
11-58
11-59
11-60

1,100
2,100
1,000
1,100

cts.
11-0611-07
11-08
11-18

11-04

300

900

I

The following exchanges have been made during the week
exch. 500 July for Aug.
pd. to exch. 800 Got. for June.

-03 pd, to exch, 200 April for May.
-18 pd. to exch, 400 June for auk.
•30 pd. to exch. 306 May for Aug.

•10 pd. to
-6-2

-04 pd. to exch. 200 April for

The following

will

May.

show the range

and the closing bid and asked

of prices paid for futures,
on each day in

at 3 o'clock, P. M.,

the past week.

STAINED.

mon TaeslWed

Sat.

Good Ordinary
Good Ordinary

V

9"l6

J).

Btriot

if-

I/)W Middling
Middling

li''l6

913,8! 9l3i6 9%
1011i» 101118 10=8

11% 111%

HAKKET AND
Ex-

CLOSED.

Firm
Hon Firm, adv. of %.
Tues. Ea«y
Wed Steady dec. of I16
TbaTB Q't. st'dy, ligd«o.
Bat.

,

Frl

JiJasy,

. .

Total

I

port.

9iii« 9»ie
109i8 107i6
11
lO'a
line 11^18

BALES.

% dec.

Con- Spec- TranBump. ul't'n sit.

362
597
307
230
297
320

130

2,113

411

2,950
2,108
1,932
5,313
1,578
6,600

I

Deliv-

lolai.

Saleu.

3,442
2,705
2,23y
5,756
1,875
7,021

183
i'oi

nonday.

Tuesday.

Higher.

Higher.

Lower.

Frl

SALES OP SPOT AND TRANSIT.

SPOT MARKET

Saturday.

Market.

For Day.

lUi,

119i8 lliaia |ii%

Tb.

Futures

eries.

119,300
150.300
195,100
138,900
108,800
146,700

. 23.038 859,1001

1,400
1,400

800
1.700
1.100

700

Low
11-93- 11-80
May ... 11-98- 11-72
June... 12-11- 11-84
July... 12-21- 11-95
August. 12-29- 1204
Sept'br. 12-04 11-83
October 11-53- 11-33
April.

.

Nov'ber 11-22 11-03
Dec'ber 11-18 11-00
Jan'ry 11-23

Cf.

100(.n.2't)lli'75
100 >.n 21«tll-7i
11-78
11-80
too.,..

800

S(0^.

WO.
*0.

1

.2^11-83
11-8J
11-90
11-92
11-93
11-91

..

..

loo.
SO'i....

100....

8,900

For May.
TOO....

8,100...
S.OOO. ..
700....

..

.

11-57
11-58
11-69
11-eo

Bales.
1,000

9»0

Cts.
H->'2
11-83

3.800

11-84

1,600.

11-86
11-86

90«
800

U-87
11-90
11-91
11-92
11-93
11-94
11-95

1,900
1,800

.,

200.

..

.

MO.

.

....

.

11-62
11-83
11-67
11-88
11-99

1170

2,200....
8.100....
8,700....
2,900....
4,100...,

6,» 0....
2,200. .
2,200....
.

U-91

200

... .11-92
11-93
11-U4
11-95
11-96
11-97
11-98
11-99

1.200
1.300
2.200
6,500
9,000
5,100
1,800
3,800
4.000

!«,400

l,-'00

1202
1203
1204
1205

100

12-06

2,806
2,700
4,600
3.600
3,300
4,600
11,900
8,500
3,900

11-96
11-9T

1300

.11-98

1199

1,400
1,300
1.100
3,800
1.800
8,500

97,400

For Jnnp.
11-67
11-68
ll-rO
;l-iO

'.00

4.000
3.500
9,500
17,100
2,600
4,300

...

11-7^.

won

.1176

I.KO

11-77

2,960
1,900

.11--H
8.50O...,
11-79
4,000....
1,900.,..
1110
8,700.... ....-ll-Bl

12,0110

12-01

1.200
2,300
2.900

...

.

H-»0

l.HOO
1,900
2,100
3,300

12-00

1,700.

11-71
11-72
.11-78
.11-74

.

Cts.
11-85
11-86
11-87
11-88
11-89

8.100
12.300
6,100
6,800
7,800
S.IOO
8,000
2,800
4,500
1,4Q0

600
90«

IJOO....
1,800.... .,
700....
SOO....

Bales.
8,000
8,000
7,400
4,700
7,200
13,100

11-71

1172
11-73

1.600.,

2,0

,.

...

.11-74
...11-75
....ll-;8

...

...11-79
...11-80

.,

..,

....11-81

5.10(1....

...11-82

B,900....
12,i;00

....11-83
..

11-84

..

3,800..,

9.500
14,800
3,500
4,100
3.100
2,100
1,800
5JJ00

12-02
12-03

Cts.

2,800

11-81
11-82

1205
12-06
12-07
12- ON

12-09

11-83
ll-(.-4

11-86
11-86
11-90
!1-91

11-U2
11-98
11-94
11-95
n-9<t
11-97
11-98
11-99

I.ew

1200

2,700-

12-01
12-02

4.800
4,100
6.600
4,300
4,700
*.»00
6,600

12-04

.,

1-2-10
12- 1

1.9011

1212

1,200...
1.50O..

12-13

!214
1215

l.OM..
2,000..
3,300...

12-16
12-17
12-18
12-19
12-20

11-78
11-79
11-80

...1-^-03

12-04
18-05

1206
12-07
12-08
12-09
12-10
....1-2-11
,,,,1-2-1-2

2,4V).
5.900,
9.5 0.

I

sax),
2110.

,,

12-13

...12-15
.12-16
.._ ._

1217
..12-18

....1219
.12-20
..,.12-21

..

41.0.

....12-/2
....12-23
....l;-24

5.000
S,SU0

....12-26

Sal.

12-05- 11-78 11-77 79-

12-20
12-30
12-39
12-13
11-53
11-29
11-27

Thursday.

Market.

Variable.

Firm.

Low.

Bid. Atk.

11-74 75-

21 12-17 11-88 11-89 90
31 12-28- 1 1 -99 11-99 *
— 12-37 1204 12-05 06
15 12-12- 11-79 11-78 80
60 11-57 11-31 11-30 32
32 11-28- 11-17 11-03 06
29 11-28 11-03 11-0101
11-3111-75
Barely steady.

Friday.
Lower.

Lower.
For Day.

Closing

Closing.

Bid. Am High. Low. Bid. Ask
11-74 75 11-73- 11-70 11-68 69
11-80 11-69 11-71 72
11-78
11-94 11-82 11-83 84
11-90
12-00 02 12-04 11-93 11-95
1208 09 12-11 11-99 12-01 02
11-84 86 11-83 11-75 11-74 76
11 32 33 11-32 11-22 11-22 '^4
11-04 06 1105- 10-98 10-97 "t
U-02 04 11-01- 10-95 10-95 97
11-03
11-70
11-75
Steady.
Barely eteaxiy.

mgh. Low.

May

..

June..
July...
August.
Sept
October
. .

Nov.
De<5'b6r

Jan'ry
Tr. ord.

Closed

1172

11-81 11-6'
11-95 11-78
1205 11-90
12-12 11-96
11-87 11-71
11-35 11-24
11-08 •10-99
11-08 10-94

—

—

For Day.

Mgh. Low.

—

Thk Visible Supply of Cotton,
The

as

Bid.

Aak

55
58
71
11-86-11-78 11-81 82
11-94-11-84 11-89 90
11-5811-53
11-63-11-57 11-57
11-75-11-67 11-70

11-67-11-59 11-60

1116-1107 1109

62

H

10-93-10-86 10-88 9»
10-90-10-86 10-86 88
11-0011-55
Steady.

—

Short notloes for AprU: Saturday, 11-69811-75;
« 12c.
tile.

telegraph, is as follows.

Cto^ng,

Monday, 11-83.

made up by

cable and

C!ontinental stocks are the figures-

of last Saturday, but the totals for Great Britain ar.d the afloat

week's returns, and consequently
brought down to Thursday evening; hence, to make the totals
the complete figures for to-night (April 23), we add the item of
exports from the United States, including in it the exports of
for the Continent are this

Friday only.
Stooi at Liverpool
Stock at London

bales

1880.
702,000
39,162

606,000
55,750

1879.

1878.
1877.
862,000 1,145,000
13.250
46,250

741,162
88,750
1,907
28,240
3,600
31.529
17,340
3,672

661.750
163,000
1,500
37,250
4,300
27.500
42,500
5,750

875.250 1,191,250
230.500
192,000
7.000
3,500
27.000
64,000
7.500
15,000
43.000
70.250
69,500
43,000
11,000
12,500

....12-14

2.2J0
6.200

I

For July.

.

1,010

254,000
1,700
1,700
3,800

Bales.
10.800,

1800
1201

1207 08

Wednesday.

day pre-

:

For AprU.

IIia^.

Futuref

April... 11-78

11-58
100....
800 «.n 21Itll-a9
11-70
100....
11-72
700....
11-78
800....
100.... ... .11-74

Closlnj?

Aak
12-02 04
Bid.

7,100

For forward delivery the sales have reached during the week
859,100 bales (all middling or on the basis of middling), and the
following is a statement of the sales and prices
Bales.

—

For Day.

Closing.

1200

Closed

For Day.

dally drilveries given above are actually delivered the
TiouB to that on wliich ttaer are reverted.

Asl Bigh Low.
11-89 91 11 94- 11-85
11-94 95 1206- 11-84
12-20 11-98
12-08
12-17 19 12-31 12-09
12-25 26 12-39 12-18
12 01 03 12-15 11-92
11-48 -^0 11-60 11-42
11-20 22 11 -30 11-15
11-18 20 11-28 11-14
Bin

11-95
Firm.

Tr. ord.

•20,511.

The

For Day.

Closing

....1226

Total Great Britain stock
Stock at Havre
Stock at Marseilles
Stock at Barcelona
Stock at Hamburg
Stock at Bremen
Stock at Amsterdam
Stock at Botterdam

,

THE CHRONICLE,

Apbii, 54, 1680.]
1879.
3,750
7,000

1878.

1877.

7,250
21,750

8,500
14,500

292,750

399.500

448.250

1880.
fitock at

393

Antwerp

7,043

fitook at other conti'ntal ports.

Total continental ports.... ~1837o74
Total European stocks.. .. 924,236
India cotton afloat for Europe. 231.539
Amer'a cotton afloat for Ear'pe 402,714
28,122
Egypt,Bra7.ll,&c.,aflt for EVpe
'Stock In United States ports .. 648,203
123,761
•fltook In U. 8. liitorior ports..
14,000
United Btftcs exports to-day..
.

954„"i00 1,274,750 1,639,500

196,000
533.000
22.000
445.757
53,666
5.000

194.000
486.000
20,000
397,334
52.279

500

Europe

United States stock
United States interior stocks..
United States exports to-day..

500

203,000
39.162
28,074

•Oontlucntiu Htooks

India afloat for Europe
Eifypt, BrazU, Ac, afloat

234,!).19

28,122

&0

129,000
55,750
34,750
194,000
20,000

222,000
13.2.50

55.300
19(>.000

22,000

390,000
46,250
71.250
229,000
31,000

433..i00

508.750
770,500
1,842,678 1,671,613 2,021,423 2,109,613
.532.897

2,375,575 2,105.113 2,530,173 2,880.113
Total visible supply
6%a.
SiOud.
5''8ii.
O'^sd.
Price Mid. Upl., Liverpool ....
The above figures indicate an increase in the cotton in sight tonight of 270,462 bales as compared with the same date of 1879,
« decrease of 154,598 bales as compared with tlie corresponding
date of 1878. and a decrease of 504,538 baies as compared with 1877
In the preceding visible supply table we have heretofore only
included the interior stocics at the 7 original interiOi' towns
As we did not have the record of the ne v interior towns for the
four years, we could not make a comparison in any other way.

That difficulty no longer exists, and we therefore malce the following coaiparison, which includes the stocks at the 19 towns
given weekly in our table of interior stocks instead of only the
old 7 towns. We shall continue this double statement for a
time but finally shall simply substitute the 19 towns for the 7
bales

American afloat to Europe
United Status stock
United States interior stocks.

United States exports tOKiay
Total American

East Indian, Brazil,
Liverpool stock

<te.

—

Londonstock
•Continental stocks

India afloat for Europe
Egypt, BrazU, Ac, afloat
Total East India, *c
Total American

.

. .

1880.

1879.

1878.

1977

499,000
135,000
402,714
648.203
220,936
14,000

477,000
238,000
486.000
397,834
87,294

640,000
341,000
533,000
415,757
39,142
5,000

733,000
377,000
328,006
573,126
117,074
4,000

500

1,939,853 1,706,628 2,056,899 2,154,500

203,000
39,102
28.074
231,539
28,122
532,897

191,000
20,000

222,000
13,250
53,500
196,000
22,000

390,000
46,250
71,230
229,000
31,000

433,.300

508,7.30

770.500

129,000
55,750
34,7.30

1,939,853 1,700,628 2,030,899 2,151,500

2,472,730 2,140,128 2,365,619 2,925,000

Total visible supply

figures indicate an increase in the cotton in sight to-night
of 333,622 bales as compared with the same date of 1879. a
of
decrease
92,899 bales as compared with the corresponding date
of 1878, and a decrease at 452,250 bales as compared with 1877.

These

—

At the Interior Ports the movement that is the receipts
and shipments for the week, and stocks to-night, and for the
corresponding week of 1879 is set out in detail in the following

—

statement:

Week ending April

Week ending

23, '80.

April 23,'79.

j

Receipts Sbipm'ts

Augusta, Ga
Columbus, Qa

289
172

Macon, Ga

853
666
149

Montfcomory, Ala

16
1,113

Belma,Ala
Memphis, Tenn..

166

395

2.2.36

Nashville, Tenn..

330

8,961
2,419

Total, old pons.

4,342

Dallas, Texas. ...
Jefterson, Tex.-..
Shreveport, \a

140
100
578
258
44
37

.

Vlcksburg, Miss..

Columbus, Miss..
Eufaula, Ala

Ga
Ga

8

130
165
114

1,548

Stock.

13,002
8,855
1,806
6,125
2,151
79,498
11,724

Receipts Shlpm'ts Stock.

540
437
115
618
312

1,342

3,118

5,893

177

690

2,696
1,516
33,087
3,308

938
136
824
543

5,919
4,402
1,321

5,317

10,366

52,279

670
150

1,449

60

250

74
791

1,490
1,301
104
31
41
1,169

7,750

118
614
618
63
30
63
372
342
132

409
256
1,002

1,520

14,991 123,761

957
564
2,281

967

Charlotte, N. C.
Bt. Louis, Mo....
Cincinnati, O

3,275
3,804

5,803
4,202

9,399
3,859
1,288
59.000
9,411

Total, newp'rts

8,653

15,624

97,175

Eome, Ga

IS
20
2T
5
18
19

»

86

a

Apr.
*•

laso.

1879.

9
18

23

.)8,858

36.183

1878.

1879.

1880.

18TM.

18T9.

UeO.

36.711

89.142: 87.294 220.9:»

32,019

31,51

19.094

1. That the total receipts from the plantations since Sept. 1 in
1879-80 were 4,821,644 bales; in 1878-79 were 4,376,368 bales; in
1877-78 were 4,155,267 bales.
2. That although the receipts at the out ports the past week
were 36,714 bales, the actual movement from plantations was
only 19,094 bales, the balance being dr8,wn from stocks at the
interior ports.
Last year the receipts from the plantations for the
same week were 31 ,51 1 bales, and for 1878 they were 32,019 liales.

—

Weather Reports by Telegraph. In general, planting
has made good progress during the week. At some points there
has been too much rain, so that work is delayed, but we should
say that t he present condition averages fairly well. The whole
in the lower half of the
of Texas would be better for rain now
State planting is completed.
Galneston, Texas.— "VIlo weather has been warm and dry
throughout the week, the thermometer averaging 73, and ranging from 59 to 80. Most sections would be benefitted by rain.
Planting is about completed in this neighborhood, and in all the
;

lower

haU

of the State.

Indianola, Texas.

American—

349
324

971
275
150

20

961
1.000
461
6..300

490
90

688
073

5,168
4,594

5,559
4,579

15,201
7,135

12,178

13.801

35,015

17,495 24,167 87,291
12,993 30,615 220,936
* This year's figures estimated.
The above totals show that the old interior stocks have de-«re<ued during the week 10,649 bales, and are to-night 71,482 bales
more than at the same period last year. The receipts at the lame
-towns have been 975 bales les» than the same week last year.
Total, all

••

••

preceding table.

Liverpool stock
Continental stocks

Atlanta,

Mar

"

1878.

137.138 171.B08 112.363 sio.Toe 814,117 867.916 188,858 1M.TB0 uie,a«a
120.090 150,811 119,861 288,108 IW.'TaB 846,975 118,486 187,1
107.9U
lOO.ISO 131.328 115,.'i07 396.060 ISSJMS 8S7.0M 108318
94..S49 110,011 102,995 810.935 l'm,«S8 8]«,»72 •KM*
»JKt
90.947 83.266 78,461 192,465 i«5.«ia 808,979 78,477 78,447 6i.n8
82,204 78,490 61,368 169,b;i« 159,418 889,996 60.485 78.980 61.8as
75,TO3 60,202 49,611 118,8«) 141.812 281,047 63.740 48,808 40,888
65.470 60.898 63,119 13,1.795 131,468 aee.iso 60.618 go,&4» 88,488
69.886 64,883 47.."I93 119.(W1 lie.ffiS 989.«a8 48,088 80,699 40.480
51,391 44,851 37,323 108,833 107,006 «a,*» 40,088 84.977 80,080
39.018 40,1S7 88,910 95,970 91.988 238.566 26.362 23.148 84.971

The above statement shows

Eaat ItulUtn, Braiil, de.—
Liverpool stock...

SMnaonxUwk

Griffin,

'•

"

755.000
377,000
328,000
673,420
72,187
4,000

Receipts at tbe Porta, Stock at Inter'r Porti Ree'pts from Plaot'na

6

••

1,842,678 1,671,613 2,021,423 2,109,013

Total American

^wns in the

Week
ending—

follows:

ts

610,000
344,000
533,000
445,757
53,606
5,000

477,000
258,000
486,000
307,834
52,279

499,000
155,000
402,714
048.203
123,761
14,000

Liverpool stock
Oontlnental stocks

Total East India,
Total American

:

2,375,575 2,105,113 2.530,173 2.880.113

Total visible supply

for

—

Bkckipts from thb Pi,*ntatiow8. The following table is
prepared for the purpose of indicating actual movement each
week from the plantations. Uecoints at the oatports are some
times misleading, as they are made up more largely one year
than another, at the expense of the interior stocks. We reach,
therefore, a safer concloslon through a comparative statement
tike the following
BECEIPTS PROM PIAMTATIONS.

Feb

Of the above, tbe totals of American and otber descriptions are
American—

American afloat

229,000
323.000
31.000
573,426
72.187
4,000

437

— We have

had warm, dry weather through-

out the past week. The thermometer has averaged 70, the
highest being 84 and the lowest 57. Planting is sboat completed in this vicinity.

—

Corsicana, Texas. It has been warm and dry all the week, the
thermometer averaging 72, and ranging from 45 to 93. Toung
crops are doing well. Planting is making good progress.
There has been no rain at this point durinjf
Dailas, Texas.
the week, and we are needing some. Average thermometer

—

72,

highest 93 and the lowest 45.

Prospects generally good, and

planting progressing finely.

Brenham, Texas.— We have had no rainfall during the week
and a good shower is desired. The thermometer has ranged
from 50 to 84. averaging 70.
and prospects are favorable.

Planting

is

almost finished here

—

New Orleans, Louisiana. It has rained on three days the past
week, the rainfall reaching three inches and eight-three hundredths. The thermometer has averaged 75.
Shreveport, Louisiana.
The weather during the week has
been dry and pleasant, and roads are in good condition. The
thermometer has averaged 66, the highest being 84 and the
lowest 49. The rainfall is eleven hundredths of an inch.
Vieksburg, Mississippi. —It has rained during the week on two
days.
Planting delayed in our section.
Columbus, Mississippi.— RsLin has fallen during the week on
two days to a depth of one inch and sixty-three hundredths. The
thermoraetf r has ranged from 09 to 79, averaging 74. The crop

—

developing promisingly.
Rock, Arkansas.— Friday, Sunday, Wednesday and
Thursday of the past week were cloudy, with rain on each. On
Sunday night we had quite a gale, which became serious in vioThermometer highest 83, lowest
lence in adjoining counties.
Rainfall one inch and twenty-four httndied.th%
45, average 66.
is

Little

—

Nashville, Tennessee.

— Telegram not received.

Memphis, Tennessee.— ll has rained on four days the past
week, the rainfall reaching two inches and ten hundredths. The
thermometer has averaged 68, the highest being 86* and the
lowest 48. Planting is progressing finely, the average estimate
giving a tenth more land to cotton this year than last.
Mobile, Alabama.— It has rained severely one day. and been
showery three days the past week, the rainfall reaching one
inch and ten hundredths. The thermometer has averaged 72, the
highest being 83 and the lowest 62. Planting is about completed in this neighborhood, and the crop is developing promisingly.

Montgomery, Alabama.— It has rained daring the past week
on five days, the rainfall reaching three in<hes and sixty-five
hundredths, and the balance has been cloudy. Average thermometer 71, highest 87 and lowest 62. We are having too much
rain.
Planters in this section are giving increased land to
cotton this year.

8elma,

Alabama.— Vfe have had

rain

on four days, but tha

THE CHRONICLE.

488

bklknce of tlie week has been pleasant. We are having too
jnuch rain.
Madison, Florida.— We have had rain this week, but not
enough to do much good. The thermometer has averaged 68,
the highest being 94 and the lowest 43. The weather is so
nnfavorable that much seed planted has failed to come up.
Macon, O«or^to.— It has been showery on one day of the pa«t
-week, with a very light rainfall. The thermometer has averaged
70, the highest being 87 and the lowest 58.
There has been rain at this point on three
Columitut, Oeorgia.
d«v8 during the week, the rainfall reaching one inch and sevAverage thermometer 72, highest 80 and
enty hundredths.

[Vol.

XXX.

operations, in anticipation of lower prices, and the inactivity in

Manchester reacted upon the market here. The result was a
preponderance of selling, and a fall in prices of l-16d. to J^d.
on the spot and %i. to 3-16d. in futures.
Compared with the prices current a month since, the present
rates show a decline of 3-16d. to ^d. in the lower and 1-lCd. to
%A. in the medium and higher grades of American, 3-16d. to
^d. in Brazils, V^i.. to ^d. in Egyptian, and l-16d. to %A. in
East Indian.
Throughout the month business has been more or less interlowest 65.
rupted by the proceedings in connection with the Parliamentary
rainfall
Savannah, Georgia.— It has rained on four days, the
Elections bnt we suspect that in a great measure the elections
Teaching one inch and fifty-six hundredths, and the balance of
the week has been cloudy. Average thermometer 73, highest have been more an excuse for than a cause of the prevailing
87 and the lowest 61.
inactivity here and in Manchester.
Augusta, G«oryja.— There has been light rain on three days
The following are the principal fluctuations in the prices of
hundredths
seventy-six
reaching
rainfall
during the week, the
uplands on the spot and for forward delivery since
middling
aver.59
to
ranged
from
89,
has
thermometer
of an inch. The
aging 70. Weather favorable and planting making good prog- the lOlhnlt.:

—

'

;

ress.

—

We have had a shower on ( ne
Charleston, South Carolina.
day the past week, the rainfall reaching fourteen hundredths of
an inch. The thermometer has averaged 69, the highest being
87 and the lowest 5y.
following statement we have also received by telegraph,
showing the height of the rivers at the points named at 3
o'clock April 23, 1880. and AprU 26, 1879.

The

Hew

April 22, '80. April 26, 79.
Feet. Iiicb.
Feel. Inch.
2
4
high-watermark ..
1
1

Mar.- April- May- June- July- Aufr.- Sept.Spot. April.
May. Juue. July. Auy. Sept. Oet.

Mar.
Mar.
Mar.
Mar.

April
April
April

Below
O
22
25
3
Above low-water mark.
3
9
Above low- water mark... 26
4
6
9
Above low-water mark... 17
Bhreveport
35
8
Above low-water mark... 42
VioksbuTK
New Orleans reported below high-water mark of 1871 until
Sept. 9, 1874, when the zero of gauge was changed to high-water
mark of April 15 and 16, 1874, which is 6-lOths of a foot above
1871, or 16 feet above low-water mark at that point.
Orleans

Memphis

10
17
22
25

. .

KashviUe

...
...
...
.

.

1...

5-..
7...

7U32

7%
714
'i'lr,

738
714
-38
7»18

7332
71I32
7 '32

/

-'32

7%
7%

71632

7153.,

/13.,2

7='l6

7''32

7I4

7>8
71132
73i«

71*,

73l6
738
7^16

71132
7=S2

''16

1^18

'"10

71J32

'Ho

Zi32

7';;2

~':vi

Nov.
71.32

6i3ia

73ia

738

Oct.-

738
7I4
7»32
7II32
7I6

6%
62732
631 32
G2132

COURSE OF THE MANCHESTER M.VRKET, MARCH 10 TO APRIL 7.
The pause which commenced to showr itself in the second
half of February, and had at the date of our last report led to a
decline of Vid. to %d. per lb. in yarn and l>^d. to 4)^d. per
piece in shirtings from the previous highest point, has continued

almost without interruption, and the result is a further fall of
Bags, Bagoino, Etc.— Bagging is in fair demand for %di. to /id. per lb. in yarn and l^d. to 3d. per piece in shirt»mall orders, and stock is being worked oft in this way; but large ings. The reduced business is due chiefly to the fact that buyPrices show but little change, dealeis ers had previously largely anticipated their requirements;
lots are hard to move.
etill asking lOJc. for If lbs, njc. for 3 lbs. and Ujc. for
while the inclination to renew expiring contracts has been
standard quality. Butts are moving steadily, and the sales are
diminished by the weakness displa3'ed at New York and LiverWe
also
heard
that
a
lot
had
about 3,000 bales various grades.
been taken to arrive, same quantity as above, price not given. pool, and by the absence of encouraging advices from the
Holders are very firm, and no anxiety is shown to accept less leading foreign markets for yarns and goods. The following
than quoted figures, which are ,S|c. for ordinary up to '6\c. for
are the present quotations for specific qualities of yams and
standard grades.
goods, compared with those of a month since
Ellison & Co.'s Cotton Report foe March.— Two weeks since
Mule Twist.
Water Twist.
Shirtings.
(Cbbokicle, April 10, page 368) we published an article contain30'8.
ing the figures of Messrs. Ellison & Co. for March, received by
30'6.
20's.
50'e
40's.
smb.
71b.
cable. To-day we are in receipt by mail of the full report
7i2<l.
12i2d.
121^.
Ill4ll.
lid.
14d
Mar. 10.. 6s.'a78. i^A. 6s. 9<1.®88.
llkd 12isd. 14d. 10%d. 12i4d.
dated April 8, and make the following extracts from it
April 8-. 68.®78. lisd. 6b. yd. a 88. 6(1.
OOTJHSE OF THE LIVERPOOL MARKET, MARCH 10 TO APRIL 7.
In 32's cop. twist there is a decline of from ^d. to ?4d. per lb.
Oar last report was issued on the 10th tiltimo. The market
MOVEMENT DURINO THE SEASON, OCTOBER 1 TO MARCH 31.
very
quiet,
was
and during the subsequent week was exceptionally idle, owing to the diminished business in Manchester,
The deliveries to English and Continental spinners during
resalting in small sales and a decline of %A. per lb.— 7/id. the first six months of the season compare as follows with the

Gunny

:

being touched for middling American on the spot and 7>id. for
near deliveries on the 17th nit. The low prices attracted
attention, and as higher rates came from New York a reaction
of 3-32d. took place in the afternoon of the day just named.
Thence to the 22nd there were sundry fluctuations, occasioned by
the varying tenorof the American news, but the general tendency
•was upwards, owing to renewed animation in Manchester, and to
increased buying here for consumption. The hardening tendency
was strengthened by the demand for March deliveries, and
by the temporary scarcity of tenderable uplands. The result
was that nearly the whole of the previous decline was recovered. There was a relapse on the 23d and 24th, and prices
gave way l-16d. to ^^d. On the 25th there was no further
change. Thence to the 30th the market was closed for the
Easter holidays. There was a slight recovery in the evening
-«f the 25th, bnt the market reopened tamely on the 30th and
lost the improvement and l-32d. to l-16d. besides. A quiet
feeling ruled also on the 3l8t ult. and the 1st inst., and prices
lost l-16d. per lb., making a fall of %A. since the 25th. There
was a firmer feeling in the afternoon of the 1st and on the
2nd, 3rd and 5th there was more doing, in anticipation of a
better business in Manchester after the elections. Prices, con-

figures for the corresponding

1879-80.

Continent.

1878-79.

1879-80.

1878-79.

1,213,510
1,323,689
1,557,660
426
432
450
439
Av'ge weight (lbs.)..
516,955,260
Total weisbt (lbs.) .. 700,947,000 581,095.520 569,592,000
1,318,.'>00

The rate of consumption in Great Britain in March was about
65,000 bales of 400 lbs. per week, or 260,000 bales, equal to 104,000,000 lbs., which, added to the 528,500,810 lbs. consumed to
the end of February, gives 632,900,810 lbs. as the consumption
for the first six months of the season, against 550,400,000 lbs.
The rate of consumption on the Continent was
last season.

probably 50,000 bales of -100 lbs. per week, or 200,000 bales,
equal to 80,000,000 lbs., for the month, making, with the 419,200,000 lbs. consumed to the end of February, a total of 499,200,000 lbs. for the first six months of the season, against 456,000,000 lbs. last season.
On the basis of the foregoing estimates, the movetoacts for

tho twenty-six weeks were as follows

:

Great Britain.

aeqaently, gradually hardened, spot gaining %d. and futures
3-1 6d. from the low rates touched' in the morning of the 1st
instant. The greater part of this improvement was lost, however, in the afternoon of the 5th, owing to the unexpected

1879-80.
Lbs.

1878-79.
Lbs.

Continent
1879-80.
Lbs.

1878-79.
Lbs.

6,012,000 13,800,000 18,720,000 30,550,000
Surplus stock Oct. 1
Deliveries to Mar. 31 700,947,000 581,09.3,520 569,592,000 516.955,260

announcement of a heavy decline in futures at New York. A
further reduction took place on the 6th and 7th, in sympathy
with a continued decline at New York. The spot demand fell
to small dimensions, while the desire to sell increased. The

Supply
Consumption in
weeks

I

to postpone

last season:

Number of bales

;

"break" at New York caused buyers in Manchester

months of

Great Britain.

I

706,939,000 594,895,520 538,312,000 547,505,260
2C

632,900,810 550,400,000 499,200,000 456,000,000

Surplus stock Mar.31 74,058,190
Surplus steak iu bales
185,000
of 400 pounds

44,495,520

89,112,000

91,505,260

111,000

222,000

327,C00

I

THE (mUONICLE.

APiilL 24, 1680.]

These figures show an excess of 74,000 bales in the stock
held by English spinners, but a decrease of 5,00) in those held
by Continental spinners, or a net excess of 69,000 bales. The
excess in the " visible supply" is 130,000 bales. The two together

make a

total excess of 199,000 bales.

In last year's report for this date the surplus stock on the
Continent was giren as 39,550,000 lbs. in.stead of 30,550,000 lbs.;
The
this led to the stock on March 31 being over-estimated.
revision in the average weight of American bales accounts for a
still further reduction in the stock at the date named, and also
ceounts for a small reduction in the stocks held by English
spinners, compared with last year's estimate.

439

other words, instead of the real stock of 487,000, we ought to
have compared with the estimated stock of 6*27,000 bales. This
would have reduced the consumption from 2,764,090 bales to
2,724,000 bales.

Another matter which should have been noticed is the fact
that the 2,975,000 bales " total supply " of last year averaged
only 418 lbs. per bale, against 426 lbs. this season.
'laking these considerations into account, we have r«oon>structed the table as follows
:

1880.

Supply 08 above.
Average weight.

418

1,382,370,000

1,243,559,0<M»

nal<» of 400 lbs.
Stock at mllla, &c.i March 31.

3,456,000

3,109.00D

407,000

339,0«O

Congumptlon, 26 weeks.

3,^63,000
2,990,000

3,447,000
2,858.000

873.000
811,000
62,000

580.000
527,000
62,000

lbs.

AVERAQE WEIGHT OF AMEEICAN BALES.
.

per bale. The increase is equal to 2/6 per cent, and if this
crop should not exceed 5,600,000 bales, it will, nevertheless, be
equal to 5,740,000 bales of last season's average weight.

2,879,000

426

Total weight,

In answer to further inquiries we find that the average weight
of the bales shipped during the first seven months of this season was 485 lbs., against 473 lbs. for the whole of last season, or
an increase of 12 lbs. per bale. Another estimate giving the
shipments up to the end of December states the increase at 10

1879.

3,243,000

Stock. 30th September.
Of which at the porta..
And at the mills

lbs.

PROSPECTS.

The American crop promises
less 1,800,000 for

to exceed 5,600,000 bales

American consumption, shipments

to

;

this

Canada,

would leave 3,800,000 for Europe. The import to the close
March was 2,239,000 bales, leaving 1,541,000 to receive
between March 31 and September 30. The Indian supply for
this season is expected to show an increase of 150,003 bales over
&c.,

of

that of last season, which was 974,000 bales

;

an addition of

150,000 would give about 1,123,000 bales, of which 349,000 bales
were received to March 31, leaving 776,000 to come in between
that date and September 30. The Egyptian crop will reach
about 3,200,000 cantars, or 470,000 bales, of which 405,000 were
imported to the end of March, leaving 65,000 to receive thence
From sundry sources the import last season
to September 30.
between JIarch 31 and September 30 was 121,000 bales, and the
season befere 125,000 bales. This season we may receive
125,000 bales.
The foregoing estimates, plus the stocks in the ports of
Europe, compare as follows with the figures for the second
half of last season, in 1,000s of bales

Instead, therefore, of the estimated consumption this year
being only 41,000 bales more than last (2,808,000, against
2,764,000), it Is, in bales of the uniform weignt of 400 lb.f., 132,000 bales more— namely, 2,990,000, against 2,858,000.
The
527,000 bales estimated stock at the close of last season averaged
rather less than 400 lbs. each, but the difference is not verymaterial. The whole of the figures in the above table for both
this year and last are therefore of the uniform weight of 40O lbs.
We have assumed that the stocks at the mills will be reduced
to the low figure touched in September last 62,000 bales, but
this is hardly likely to be theca,se. If they should stand at 80,000
bales for all Europe, against 62,000, then the estimated stock ia
the ports woijld stand as 793,000, against 527,000 bales last

—

year.

Every season the rate of consumption on the Continent of
Europe U larger in the first half than in the second, owing to
longer hours being worked in the summer than in the winter
months but in Great Britain the rate is frequently less in the
second half of the season than in the first, owing to the holidays in connection with Whitsuntide and the "wakes" and
" fairs" which take place in the manufacturing districts.
We have estimated the present rate of consumption for all
Europe at 115,000 bales,—say 65,000 for Great Britain and 50,000
;

but dunng the summer at least one week's
consumption will be saved by the holidays, so that, although
the rate of consumption for 25 weeks may be 65,000, it will be
Tot supply, Miir. only 62,500 per week for 26 weeks. The reduction will be fully
Imports, Mar. 31,
Stocks, Mar.31. 31 to Sept. 30.
to Sept. 30.
counterbalanced by the increased takings of the Continent for
1879.
1879.
1880.
1879.
the reason referred to above. In this way the 115,000 per week
1880.
1880.
would be divided as follows— 62,500 for Great Britain and 52,500
661
2.063
1,915
l,.54l
1,254
522
American
6.52
59
92
835
744 for the Continent. These figures may be altered by unforeseea
776
Ea«t Indian
182
136 circumstances, but speaking broadly we think 115,000 bales per
65
62
117
74
165
180 week a fair estimate of the probable consumption in the whole
125
121
40
59
Suiidricu
of Europe for the coming six months.
3,245
2.089
738
886
2,975
2,507
Total
So many of our friends have asked for some explanation of
If the American crop should rea-h 5,650,000 or 5,700,000 the points referred to above that we have thought it necessary
to issue this supplementary circular.
bales, the extra 50,000 to 100,000 bales will come to Europe.
The above total supply of 3,24."),000 bales averages about 426
Comparative Port Receipts and Daily Crop Movkmkst.
The pre.sent rate of consumption in Europe is
lbs. per bale.
A oomparison of the port movement by weeks Is not accurate,
about 115,000 bales of 400 lbs. or 108,000 bales of 426 lbs. The
requirements for twenty -six weeks would be 2,800,000 bales. as the weeks in different years do not end on the same day of the
On this basis the supply, deliveries and stocks compare as month. We have consequently added to our other standing
follows
tables a daily and monthly statement, that the reader may constantly have before him the data for seeing the exact relative
1880.
1879.
movement for the years named. First we give the receipts at
3,215,000
2,975,000
Sapply as ahovo.
each
port each day of the week ending to-night.
31
Interior
depots,
Mar.
407,000
333,000
mills
and
Stocks at
for the Continent

;

—

:

Consumption

In twenty-six

Stock, 30th September.
Of which in the porta...
And at the niiUs

weeks.

3,652,000
2,808,000

3,313,000
2,764.000

841,000
782,000
62,000

849,000
487,000
62,000

" There is plenty of cotton to meet the probable requirements of
consumers and to leave a stock of 782,000 bales in the ports of
Eu*ope on the 30th September, against 487,000 last year. But
In 1878 it was 656,000,
last year's stock was dangerously small.
in 1^77 1,001,000 and in lb75 1,226,000 bales.
* As to prices, the course of the market will fromt his time forward be swayed more by the prospects of the new American
crop than by any other influence. At present the outlook is
favorable for an enormous yield. At seven pence per lb. every
planter in the South will put as much land under cultivation as
he possibly can but the result will depend upon the character
of the sea-son, which, of course, no one can foresee.

POET RECEIPTS FROM SATURD-tY, APR.
D'ys

New

of

Or-

we'k leans.

Bat.

986

Mon

4,092

Mobile.

513

Wed

1,634

Thut

989

151
65
528

Frl..

1,400

517

Tot.

9,694

OalCliar- Savanleston. nah. veat'n.

79
376

Tues

17, '80,

1,716

187
568
147
799
440
599

237
23S
68
473
328
253
1,597

2,740

The movement each month

1,376
1,510

314
40
970
457

TO FRIDAY, APR. 23,

Norfolk.

WllAll
ORlng- others.
ton.

66

1,953
1,107
1,063

694

36 1,719
39 1,192
67 2,087

1,154

820

Total.

6,299
9,291
3,378
5,846
6,640
6,260

304 8,837 36,714.

5,033l 6,793

since Sept. 1 has been as followa:

Tear Beginning September

Monthly

1,413
1,400

96 1,024

'80.

^

1.

;

Since the above was in type we have received from Mr. Ellison
the following as supplementary to the above monthly report

In reference to the above statement, we ought perhaps to
have mentioned that the stock in the ports on the 30tn September last was exclusive of a deficit of 40,000 bales discovered on
count in Liverpool. This error was spread over the entire
season, and for the purposes of the above table ought not to be
taken into account, because it is just possible that a similar
error may be discovered at the close of the present season. In

Receipts.

Sept'mb'r
October.
Noveinb'r
.

Deoemb'r
January
.

February.

March

.

.

1879.

I

333,643
888,492
942,272
956,464
647,140
447,918
264,913

1878.

288,848
689,264
779.237
893,664
618,727
566,824
303,953

1877.

98,491

678,533
822,493
900,119
689,610
472,034
340,523

1876.

1875.

236,868
675,260
901.392
787,769
500,680
449,686
182,937

169,07
610,316
740,116
821,177
637,067
479,801
300,128

1874.

134,376
536,968
676,295
759,03(1

444,063
383,324
251,433

rotMh.31 4,480,842 4,140,519 3,901,825 3,734,592 3,737,682 3,185,484
Poro'tage of tot. port
rppi'iors Mar. 31 ..

P.I

10

87-78

02-48

I

89-66

91-00

THE CHRONICJLE.

440

XXX.

[Vol.

Albxandria Kkcbipts and Shipments.— Through arrangeMarch 31 the receipts at ike ments we have made with Messrs. Davies, Benachi & Co., of
and
more than in 1878-79
Liverpool and Alexandria, we now receive a weekly cable of
port* thlB year were 340.323 balea
time In 1877-78. By addiag the movements of cotton at Alexandria, Egypt. The following
679,017 bales more than at the same
and shipments the past week and for the correreceipts since that time, are the receipts
to the totals to March 31 the daily
sponding w^eksofjhe^previou^twoj^ear^
movethe
of
comparison
exact
reach
an
be able to

ThU aUtement ehowB that up

we

to

shall

for the different years.

ment

1878-79.

1879-80.

Apr. 1...
3....

"

*....

"

5....

2....

"
"
"
"

6....

7....
8-...

9....

" 10....

«H....
" 13....
" 13....

" 14....
"15....
" 16....

" 17....
" 18....
" 19...

1874-75.

1875-76.

1876-77.

9,291
3,378
5,846
5,640
6,260

" 22....
23....

4,632

4,910
7,987
6,557

9,106
4,423

B.

" 20....
" 21....
'•

1877-78.

3,185.484
4,180,842 4.140,519 3,901,825 3,734,592 3,737,682
8,735
8.
15,764
9,393
5,922
S.
5.311
9,834
5,570
8,298
5,160
15,839
6,277
6,049
6,785
6,524
8.
7,091
4,836
5,114
11,236
8.
8,578
9,576
3,083
14,158
6,491
8,237
8,487
4,433
4,915
5,817
S.
6,338
6,045
10,114
3,16'1
8.
10,317
6,243
4,483
6,441
8.
•
9.222
11,515
6,264
7,523
8.
5,973
9,724
5,310
4,717
5,319
10.675
4,406
9,790
6,862
5,156
8.
6,138
4,484
4,729
7,619
8.
10,104
6,639
2,347
9,816
6,885
9,905
6,189
5,112
2,641
8.
6,299
7,353
6,008
6,937
2,794
8,081
S.
5,696
3,285
4,782
S.
7,629
6,566
4,746
6,374
S.
5,136
5.199
5,707
6,054
2,983
6,739
2,579
4.350
6,481
6,299

'tbt.Mr.Sl

"
"

Alexandria. Egypt,
April 22.

•

8.

10,014
6,243

8.

9,090
4,048

4,541

6,077
3,469
3,897
2,843
3,426

4,698
2,865
6,478
3,714

1,561
2,724
4,995
8.

5,923

8.

4,608,009 4,233,762 4,063,346 3,812,423 3,890,042 3,296,217
Total
Feroentag e of total
94-25
92-82
94-41
95-34
93-50
p'rtreo'D ts .\pr. 23

This statement shows that the receipts since Sept. 1 up to
now 334,347 bales more than they were to the same
day of the month in 1879, and 544,663 bales more than they
were to the same day of the month in 1878. We add to the last
table the percentages of total port receipts which had been
to-night are

received to April 23 In each of the years named.

Cotton Movement from all Pohts.

India.

which are now

—The

figures

and forwardel by cable each

collected for us,

Receipts (cantars*)—
This week
Since Sept. 1

Exports (hales)—

Friday, of the shipments from Calcutta, Madras, Tuticorin, Carwar, &c. enable us, in connection with our previously-received
report from Bombay, to furnish our readers with a full and

down

1,000 225,000
9,000 171,000

5,000 156,000
2,500 71,500

7,500 227,500 10,000 396,000

This statement shows that the receipts for the week ending
April 32, were 1,000 cantars, and the shipments to all Europe
were 10,156 bales.
Manchester Market. Our report received from Manchester
April 23 siates that the market for twists and shirtings was quiet
give the prices below, and leave previand business small.
ous weeks' prices for comparison.

—

We

1878-79.

1879-80.
8>4lbs.

Twist.

Shirtings.
d.

d.

d.

Ili2al2i8
1138®12

reby.20
'•
2"
Mar. 5
12
" 19
" 26
April 2
"
9
" 16
" 23

Cott'n

32s Cop.

®

6

®

..

d.

3

738-3)818

lia®7 4)s

®7

8>4®838

S38®9

6

®7
®7
®7
®7

3

4i2®7

4I3
6

6

6

3

6

8i2®9l8
615,„ 8»8®9l4

Ii2®8

d.

s.

4i2®7 712

71ii®8l4
758a>8i4
7''8*838

738
714
714

Mid.

Uplda

7l3®838
738®81e

74

..

d.

d.

7%
75l6
7%
7%

4^238
4'«S8
4i2®8

10i2®ll
IOSrSIO's

Shirtings.

d.

8.

Cott'n.

8H lbs.

Twist.

Uplds

®8
®8
®8
®8

9

9
9

1138312
1114®11%
11 ®lll3
11 ©Ilia
11 ©111"

Mid.

32a Cop.

7I2

7i.j®7

9
7i2®7 9

7

®8
The Exports op Cotton from New York

d.
55lft

538
5615
538
59l«
5i:Hs
5I018
6i8
638
638

this weefe show an
increase, as compared with last week, the total reaching 14,671
Below we give our usual
bales, against 14,513 bales last week.
table showing the exports of cotton from New York, and their
direction, for each of the last four weeks; also the total exports
and direciioa since Sept. 1, 1879, and in the last column the total
for the same period of the previous year.

Exports op Cotton

(bales)

Exparted to—

from New York since
Week ending-

Mch.

Apr.

Apr.

Apr.

31.

7.

14.

21.

1879,

1,

Same
Tot.al to

period

date.

previ'iis

year.

7,153 13,712 14,198 290,129 204,586
7,006
4,813

7,683

Liverpool

Sept.

Other British ports

Total to Great Brttain 7,683 7,153 13,712 14,198 297,135 209,398:

to April 82.

Havre

BOMBAY RECEIPTS AND SHIPMEHT8 POK POUK TEARS.
Bhlpmenta

week

thla

Brifn.

nent.

23,000
24,000
15.000
10,000

24,000
11.000
13,000
14,000

Shipments since Jan.
Great

Year Oreat Conti-

1880
1879
1878
1877

1.

A eantar is 93 lbs.

,

complete India movement for each weelc. We first give the
Bombay statement for the weeK and year, bringing the figures

This
week. Sept.

10,156 446.503

Total Europe

4,000
2,550,000
This
Since
week. Sept. 1.

Since

1,000 280,750
9,130 163,733

To Continent

1878.

5,000
1,561,000

1,000
3,199,000

This
Sluee
week. Sept. 1.

S.

5,231

1879.

1880.

Total. Britain.

47,000
35,000
2S.0O0
24.000

Continent.

Total.

157,000 192,000
109.000 138.000
IS.S.OOO 248.000
22(i.000 191,000

This

Week.

349,000 58,000
247,000 38.000
43(i.000 33,000
420,000 63,000

Shipments

sin ce

473

20,108

11,145.

113

473

20,108

11,245

lOO

Total French

Since
Jan. 1.

565,000
398,000
536,000
644,000

According to the foregoing, Bombay appears to show an increase
compared with last year in the week's receipts of 20,000 bales, and
an increase in shipments of 8,000 bales, and the shipments since
January 1 show an increase of 103,000 bales. The movement at
Calcutta, Madras, Tuticorin, Carwar, &c. for the same week and
years has been as follows.
CALCUTTA. MADRAS, TUTICORIN, CARWAR, RANGOON AND KURRACHBE.
Shipments this week.

113

Other French ports.

Receipts.

1.

January

Bremen and Hanover

Total to North. Europe

393
114

198

302
300
199

23,312
13,451
2,323

13,70S
2,202

507

198

801

39,286

18,746

Total Spain, &o

3,206
3,206

.

8.1

New

and Baltimore

New

at

for the past week,

York.
and since

Baltimore.

Fhiladelphia.i

Boston.

York.

5,610

90 7,464 14.513 14.671 359,735 244,998

lUK 1?01jL0WIN0 ABE THE RECEIPTS OF COTTON
Boston, Philadelphia
v;p',tP-"Vi -r 1. 1«79:

2,835.

6,610

Spain. Op'rto, aibralt'r,&c
All other

EecMpts
1.

.

Hamburg
Other ports

I

This
Since
This
Since This
Since
This
Since
week. Sept. 1, week. Sept. 1. week. Sept. 1.1 week. Sept. 1.

from—

I

Year.

Great
Britain.

15,000
6,000

1880.
1879.
1878.,
1877.,

~

The above

Continent.

Total.

4,000
4,000
3,000

19,000
10,000
3,000

Great
Britain.

118,000
63,000
15,000
44,000

Continent.

Total.

N. Orl'ans

33,000
45,000
34,000
6,000

131,000
108,000
49,000
50,000

week show that the movement from
other than Bombay is 9,000 bales more than same
week
totals for this

the ports
of last year.

For the whole of India, therefore, the total
shipments this week and since January 1, 1880, and for
the
corresponding weeks and periods of the two previous
years are
as follows.

EXPORTS TO EUROPE FROM AIX INDIA.
Shipments
to

all

Kurope

from—

Bombay
All other p'rts
Total.

1880.

This
week.

Since
Jan. 1.

47,000
19.000

349,000
151,000

1870.
This

last

Mobile

5,883 155,210
91,743
"'ibo 175,706

23,545
2,869
36,675

5,279
2,375
14,930

5,630
433 104,733
46, 39,975
590 196,919
12
6,046
5,171 183,124
4
3,064

1,290
31

65

1878.

week.

Since
Jan. 1.

This
week.

Since
Jan. 1.

35,000
10,000

247,000
108,000

28,000
3,000

436,000
49,000

620 56,595

...

Florida
S.Car'lina
.

-

NCar'lina
Virginia..
North, pts

48,464
962 130,344
1,186 136,384

910
230
1,513

2,388

10,661

10,167
72,927

462
445 58,610

15,000

4,540 379,802

81,459

3,273 163,812

Last year 12.904 709,8051 9,171 293,158

3,414 77,464

2,559 146,195

Teun., &c.

Foreign

This year. 12,545 965,220

Shipping News.

66,000 500.000 45.000 355,000 31,000
483,000
Statement affords a very interesting comparison
of the
total movement for the week ending April
33, and for tlie three
° ""'^"^
years up to date, at all ladia ports. " "
'

This

Texas
Savannah

—The

exports of cotton from the United
States the past week, as per latest mail returns, have reached
So far as the Southern ports are concerned, these
55,061 bales.
are the same exports reported by telegraph, and published in
With regard to New York, we
the Chronicle last Friday.
include the manifests of all vessels cleared up to Wednesday
night of this week.

HBW York—To Liverpool, per steamers Erin,

2,196

Total bales.
Arizona,

2,904.... Gallia, 670... City of Richmond, 600.. -.City of
Chester, 1,008. . . .Lalande, 771. . .Palmyra, 2,052. . .Per
ships Royal Edward, 1,233
Loch Long, 1,059
Hii)-]
.

1,639
To Havre per steamers Volmer, 283

.

14,198

polyt.a,

Laurent, 188

473

i

APRIL

THE CHRONICLE.

24, 1880.J

New Ori.kaxb—To lilvorpool, por steamer Haytien, 4,180

8,250
4,794

075
2,442
8,048
4.200
1,780

. .

1

Delivery.

April
Atir.-May

.Spain,

May-June

Oct.-Nov
Nov.-Dec

6!!»32

Apr.-May
May-June

6i6,8
e^iaa

Aug.-Sept

7':»

esijg

April
Api-.-May

2,259
1,102

Delivery.
Scpt.-Oct

6"i6 Oet.-Nov

..O'Sjgasijj
June-July ..6i6,a®3i32
63I33
luly-Aug

Nov.-Dec
Apr.-May
July-Ang

Ang.-Sept

Aug.-Sept

7

3,349
Delivery.
(

our usual

Aor.-Mar

....

iiv"'",
fis^'^Js

May-June ....62'3a®'e

Got Barce-

Amst'd'm Reval
Bre-

& Ant-

Havre, men.

werp.

<fe

Cron-

ten
burg.

stadt.

lona

473
675

4,794

2,442
4,200

3,048
1,780

l,5d6

"l'2

1,162

5,267

all

1,162

6,642 1,780

2,175

Delivery.

ik

Mahon.

1,673

Below we give

6»m

61»m
6a»M

May-June

Dtlivery.
8opt.-0<'t

6»lsi
6l»i«
«I»,g

May -June
June-July

July-Aug

7

e»at
7

Aug.-Sept

eija

Delivery.
-'"ne-July ....6'.i7.,„a7g

I

O'saa.,,
Aug.-Sept.. 62«32ai6i;

Dellte

1

»

.'' ..Qt.

gept..o,.t..
1

Aug..8ept.. ..»i7g»sB,
•" »<» "J
»"
"
•

|

Thursday.

Liver-

Total.... 34,975

I

Ci6i«
6»s
Ola
Oaija

July-Aug

form, are us follows:

Ftiiladclphia

aV

May-June
June-July
Aug.-Sept

Wednesdav.

1,673
•Aprllj.

Now York. 14,198
N.Orleans.
8,250
Charleston ..
Bavanuali ... 1,496
Texas
3,7.^
Baltimore ... 2,259
Boston
3,349

I

d.

June-July.... '...e»,g
Apr.-.MBy
emit

Tdesdav.
Delivery.
.-016ig»3l32

May -Juno

55,001

pool.

I

I

Oi«

April

July-Aug. ..031;,3®16,8

Dtlivery.

I

6%

,490

3,750

Total

particnlars of these Bhlpments, arranged in

Delivery.
d.
8ept.-pct
OOTioaTg

BI6,8
6i6i8®2»:i2
6I618

..

Juno-July.. 6i6i8®2»3a

1,500
12

per bark Jiianlta Clar, 12 Upland
Tbxab— To Liverpool, per steamer Cuban, 843
iKsr bark
Invcresk, 2,907
Baltimore—To Uvon>ool, per stoamers Circassian. 900
Mayaguez, 700. ...Pedro, 438....Hlbcrnion, 21. ...por bark
Chevy Chase, 200
To liremeu, per steamer Braunsehwole, 1,162
Boston—To Liverpool, por steamers Victoria, 1,158
Istrlan,
57;i
Olympus, 201
Persian, 1,417
Pnir-AUKLi'iiiA— To Ijverpool, per steamers British Empire,
l,180....IUinoi8, 193

The

HONDAT,

per

ship Kiubiini, 4,100
Til Havre, ror ship lie Martlio, 4,71)4
To Aiitweip, per Htcumcr MorKlay, 675
To Cronstaat, i>er bark Aurora, 2,442
To IlarceIo"a, por barks AiiRUHte, 2.030
Victoria, 398
CHARI-KSTON— To Ucval. per ship KUilianl III, 4.200 Upland.
To (iottenbiHK, p(!r bark Eriia, 1,780 Upland
Savan.naii -To Liverpool, per bark Ouloua, 1,490 Upland
To An)sterilaiii, per bark Prinrtsesse, 1,500 Upland

To Mahon,

411

Total Bales.

3,060

14,671
19,209
5,9HO
3,008
3,750
3,421
3,349
1,673
55,001

news received

to date o( disasters to vessels
States ports, etc.:

carrying cotton from United
Bbn Lomond, steamer (Br.), Brock, from New Orleans, Marcli 18, for
Koueu, nut into Dartmouth April 19, with the loss of her foremast
and malntopmast. She al.so lost a man overboard, and her moin
hatch, wheel and a boat were damaged.
IRBNE Morris, steamer (Br.), Moffet, from Charleston for Reval, which
arrived at Copenhasen April 8, has reached a Baltic iiort. She will
discl.arce carpo, part of it having been damaged liy lire.
Wii.LIA.M liURKrrr, steamer (lir.). Freeman, from Savannah for Eeval,
before reported at Copenhagen leaky, has repaired and reloaded
and proceeded for Reval.
P. C. MERiiiMAN, biuk. Young, from Norfolk, arrived at Liverpool April
4, reported: March 11 and 12, in lat. 44 N., Ion. 25. W., experienced very heavy 8. E. gales, and ship had bulwarks stove and
took in a large quantity of water on deck.

Cotton freights the past week have been as follows:
Satur.

Mon.

013,8
613,8

May-June

6i.i|8

.

Delivery.
Sept. -Oct

Oot.-Nov

April
.

"
617™ April-May
6"32
ei-iU May-June
.

•

Nov.-Dec
June-July
Aug.-Sept

June-July.. 62732® i:),8
July-Aug
O's
Aug.-Sept
62»3i®78

Delivery.

;

613,8
.„
ozTJg
a2»32

8opt.-Oct

6>e

Nov.-Dec

Aug.-Sept

69''s«

eri^
6^31
67g»3s^
O^s*

Feidat.
Delivery.

AprU

Delivery.

Oct.-Nov
Nov.-Deo

613,8

Apr.-May

..

62632®i3ig

-May-June
613,0
..
June-July
«'-''i8
6273.,
July-Aug
Aug. -Sept. 678®2732*78
Bept.-Oct

613,8

.

May-June

e^B
626,.

62S32
62632 a

626™

JUU6-JulV

0%

Aug..8opt
Scpt.-Oct
Oct.-Nov

623,2

juij-Aug

May-June

eis'iB

April

Apr.-May
May-June

I

Delivery.

638®1332

I

I

n^w

6I63J
62»3g

BRE ADSTUPPS.
Friday, P. M., April 23, 1880.

The downward course of values for flour was checked early ia
the week after considerable sales of common extras for export at
$4 50@|4 75. It is said that millers all over the country are reducing production or stopping altogether, from choice op
and certainly the quantity arriving at the West, as
well as at this market, has fallen off materially. Yesterday there
necessity,

Wednes. Thurs.

Tues.

I

Api-.-May

'Vprll

Total.

Frl,

was some recovery

prices— partly from sympathy with wheat
To-day there was a
Do
8ail...(/.
n,64
"64
"64
"4® "64 >4®"64 H®"64
good demand at steady prices. Rye flour and com meal have
Havre, steam
e.
>a®V Ja®»8* lg'<*58'
recently been more active, but at prices favoring buyers.
Do sail
la
c.
>3
"a
Bremen, steam, .c. >aSV
igaog.
The wheat market further declined early in the week, until
12®V
Do
sail
e.
>a
»a
hi
on Tuesday No. 2 red winter sold down to |1 28 on the spot,
•a
Hamburg, stcam.c.
ia®5ifl*
9l6*
$1 27 for April, $1 25 for May, $1 22>^ for June and $1 13^
Do
sall...c.
>2
>3
for July No. 1 white, $1 24^ spot and April and $1 22 for
Amst'd'm, steam.c.
»8
"a
May; No. 2 spring, $1 22@$1 24, and No. 3 do. f 1 15(®$1 17 on
Do
8ail...c.
..9...
.......
Baltic, steam
d.
38®I332 the spot.
38 a 1332 38® 1.133 38 a 1:132 38®133<
Since then there has been a material recovery, with
Do sail
d.
5,„
^18
^16
a good export demand, and a very active speculation, closing
* Compi-essed.
last evening with No. 2 red winter $1 33^ for April, |1 31 for
Liverpool. By cable from Liverpool, we have the following May
and $1 28 for June ; No. 1 white sold at |1 30 on the
tatement of the week's sales, stocks, &c. at that port:
•pot and $1 2G?^ for May No. 3 spring $1 18® |1 20 on the
spot.
The break in the canal at Utica threatens to cause an
April 2.
April 9. April 16. April 23.
unfortunate delay of supplies for May delivery. To-day spots
Sales of the week
bales.
31,000
54,000
44,500
39,000
t'orwardcd
3S,000 were about steady, but futures weakened. No. 2 red winter
12,000
15,000
23,000
Uverpool, steam d.

H32®=%

t^'j2'3'''8

"16

in

—while the export demand was very good.

16

;

—

,

;

Sales American
Of which exporters took
Of which speculators took..
Tetal stock— Estimated
Of which American— Estim'd
Total import of the week

25,000
S,100
1,570
626,000
455,000
95,000
70,000
4.400
349,000
256,000

Of which American
Actual export

Amount

atloat

Of which American

42,000
4,300
2,200
655,000
474,000
97,000
72,000
6,500
335,000
232.000

35,500
6,200
1,320
659,000
408.000
6;!,000

48,000
5,300
331,000
209.000

17,000
4.900
1,290
702,000
499,000
98,000
75,000
7,200
319.000
182.000

30^ for May and $1 27 for June.
Indian corn was quite depressed early in the week, but

selling at $1

ha."*

improved considerably. No. 2 mixed closing last evening
at 55M@55%c. on the spot, 53^@54c. for April, 47Mc- for May
and 47c. for June. Other grades continue scarce. To-day spots
further advanced, but futures were dull, without important
latterly

change.

The tone of the Liverpool market for spots and futures each day of the
week ending April 23, and the dally closing prices of spot cotton, have

Bye

sold down to 88c. for prime State, but is since held at
Barley has been in fair demand at steady prices.
Oats have been excedingly variable, with considerable speculative activity, the sales of yesterday embracing No. 2 mixed at
40^e for April and 38%c. for May. To-day the market was
quiet ; No. 2 graded on the spot quoted at 41 /^c. for mixed

b?on as follows:

90c.

Saturday Monday.

Spot.

Market,
12:30 P.M.

Wednes. Thursd'y

Friday.

A

Steady.

Steady.

shade

Very

Quiet.

dull.

easier.

7

Mid. Upl'ds
Hid. Orl'ns.

Market,
5 P. H.

Tuesd.-vy.

7

7I16

7I1,

6i6ie

6''8

61518

61618

7'l6

and

}

OEAIN.

FLOUR.

Sales

7,000
1,000

8pec.& exp.

8,000
1,00c

8,000
1,000

6,000

500

7,000
1.000

5,000

500

*

No. 2
^bW. $2
Superfine State and

Western

85® 3 75 Wheat-

3909 440

4 OOa 4 75
do XX and XXX... 4 85*6 50
Wintershipp'gextras. 4 85a 5 25
do XX and XXX... 5:40a 6 50

Spring wheat extras..

Futures.

Harket,
5 P. M.

48>^c. for white.

^

}

Firmer.

Bteadr.

{

Firm,

Steady.

Firm.

Steadier.

.

.

White
No. 1 white

sales of futures at Uverpool for the same week are given
below. These sales are on the basis of Uplands, Low Middling clause,
unless otherwise stated.

Patents

600® 750 Com— West, mixed

Western 'Tye mix"...

5 40® 5 65

4 75® 5 85

BATtTKDAT.

City shipping extras.
Southern, bakers' and

family brands
Bouth'n ship'g extras.

5

The actual

Delivery.

April

Apr .-May

d.

6IB,

d.

gas.

6i6

'32

Delivery.

Jnne-July .6i6i8®2932 Oot.-Nov
63I32
July-Aug
Nov.-Dec
®isi8®283„arsi8 Sept. -Oct
.

816,8®;

May-June

Deliveru.
I

Aug.-Sept.. .T-aoaijj

d.

6<%® '"a"
61632

Cs

Rye

flour, superfine..

Com meal—

Westem,&o
Brandy wine, Ac...

West'n No. 2, new
West, yellow, new
West, white, new

759 6 75 Kye
5 15® 5 60 Oats-Mlied
4 50® 4 85
White

2408 285
3163 3 20

®120
ai26
9133
9135
127 9131

No. 3 spring, Vbu.$l 18
124
No. 2 spring
126
Amber winter
Ked winter. No. 2 134

Barley— Canada W.
State, 4-rowed...
State, 2-rowed...

—Caii'da,b,d(£.

Peas

130 ®130»a
54
56
55
56
87
39

45
80
70
02
»3

9
9
9
9
9
9
9

561a
56>4

-a

80
70
9&

57
58

90
42>a
52

91 05

9

•a

THE (CHRONICLE.

442
(Pi-om the " Ifnc

York Produce Exchanje Weekly.")

and grain at Western lake and

Receipts of floar

In Store

river ports

for the week ending April 17, 1880

New York

at—

Do. afloat

(est.)

Albany
Buflalo

At—

Flour,

Wheat,

bbls.

bu8b.
(60 lbs.)

(56 lbs.)

108.412
55,420
106,413
145.231
6,750
199.680
6,800

551,507
18,075
654,181
4,470
25.670
411,940
307,430

(196 lb«.)
29,946
26,985

Chlcairo

Milwaukee
Toledo
Detroit

4,577
2,501
24,789
2,505

J-.

CaevcUand
Bt. Louis
Peoria

Corn,
bush.

Rye,
Oats, Barley,
bush.
bush.
bu8b.
(32 lbs.) (48 lbs.) (56 lbs.)
29,036
18,750

209,539
19.3!»3

5,606
5,350

599

5,580
4,501
13,200
60,823
67,325

1,734
6,300
15,980
12,000

718,829 1,873,363
858,145 1,180,434

18,584
41,826

83.800
66,364

380.421
356,717

Total receipts at same ports from Jan. 1 to April 17, inclusive,
for four years:
1880.
1,665,121

1879.
1,985,699

1878.
1,800,990

1877.
1,257,299

Com

12,436,822
38,S99,0J5

Oata

6.146,2.')5

Barley

1,928,806

16,890.937
21,418.120
».579,134
1.845.858
838,714

17,001,556
21.813,871
5,336,107
2,227,009
1,157,979

4,789,502
18,604.360
4,065,781
1,711,524
625,907

Flour

bbls.

Wheat

bush.

656,035

Kye
Total grain....

60,067,933

Total receipts (crop movement) at the same ports from Aug. 1
to April 17, inclusive, for four yearsi
Flour

Wheat... ..bosh.

Oom.

1879-80.
3,991,946

1878-79.
4,730.255

1877-78.
4,573,384

1876-77.
3,910,991

74,821.252

20,5J9.689
9.705,775
3,608,023

72,970,703
61.488.515
22,539,144
8.887,601
3,795.057

60,486.817
56,003,487
18,247,664
8,705.869
3,134,796

34.182,487
57,354,261
15,111.571
7,777,174
2,483,391

192,186,291

169,600,023

147,478,663

116,908,884

.bbls.

83,4')0.6.i3

...,

Oats
Barley
_
Eye.'.'..

Total

gr.-»ln ....

Comparative shipments of flour and grain from the same
ports from Jan. 1 to April 17, inclusive, for four years
Flour

Wheat

bbls.
Jjush.

Com

Oats
Barley

Eye
Total erain

1880.
1,405,447

1879.
2,061.492

1878.
1,796,303

1877.
1,181,000

8,028,825
25,033.528
4,560.043
1,158,875
530,700

10.617.444
13,942,361
4,839,050
1,406,513
572,720

15,371,132
15.320,637
2,833,971
1,267,530
867,160

2.881.011
10,082.436
2,638,270
1,068.806
309,088

40,212,063

31,461,088

35,660,430

17,870,641

Eail shipments from same ports for the last four vreeks:
Wheat,
Corn,
Flour,
Oats,
Barley,
Week
bush.
bush.
bush.
bbla.
bush.
ending—
Apr.
Apr.
Apr.
Mar.

9 40,573 2,275,624
81.696
102,042 1,511,676 5,471.304
124,994 2,185,550 3,215,205
732.144 2.817,751
114,326

17

10
3
27

Total, 4 w'k8.423,038

4 weeks '70.. 540,448

Eye,
•

buali.

463,065
512.037
426,347
501,678

82,286 42,008
83,006 148,301
88,120 42,232
60,184 31,437

*
5,302,043
1,004,027
4,208,917 5,549,637 1,649,093

323,406 216,071
303,364 257,116

* 13,780,064.

Receipts of flour and grain at seaboard ports for the

ended April

FlOfir,

Boston
Portland
Montreal
Philatlelphla

Baltimore

New Orleans

Wheat,

bbls.

bush.

72,292
45,459
3,500
3,873
9.879
19.748
11,723

724,038
24,500
13,000
21,354
226,400
684,100
177,352

Com,

OiVts,

bush.

bush.

548,443 116,531
541,150 27,0.50
55,000
1,329

622;606
652,800
519,434

And from Jan.

Wheat

bbls.

bush.

Cora
Oats
Barley

Eye
Total grain

....

Barley,
bush.
1,100

Eye,
bush.
9,010

4.500
1,000

1,400
36.800
10,200
9,858

Total week
168.467 1,872.310 2,939.427 204,071
Cor. week '79.... 184.504 1,585,220 2,888,155 439,402

Hour

week

17:

At—
KewYork

3,500

1,500
1,000

10,100 11,510
66,072 107,890

1 to April 17, inclusive, for four years:
1880.
2,546,268

1870.
3,067,562

1878.
2,551,850

1877.
2,005,277

14,629,801
38,758,862
5,476,225
1,324.010
329,550

23,753,037
30,867,192
5,527,352
1,280,484
020,894

19,277.464
30,500,677
1,882,067
1,170,341

1,723,543
22,518,728
3,987,656
036,465
322,872

60,518,400

62,357,960

57,065,216

29,480,264

4,234, 667

Exports from United States seaboard ports] and from Montreal
for week ending April 17:
Flour,

bush.

l,om,
bush.

78,455
29,396
2,953

970,895
57,030
14,860

901,571
335,504
51,760

5,635
10,122

286,867
444,722

600,008

Total for w'k 135.361
Barae time '79. 124,877

1,774,314
1,321,318

FromNew York

bbls.

Boston
Portland*
Montreal
Philadelphia.

Baltimore

'

.

tVheat,

Oats,

Eye,

bush.
6,068

57,641

bu.sh.

100

Peas,
bush.
8,336

1,598,107

12.497
4,760

Oswego
Louis

Boston
Toronto
Monti'p.al

PUiladclphla
Peoria
Indianapolis
Kansas City
Baltimore
Rail shipments...
Lake shipments..

Vol.

XXX.

Wheat,

C^m,

bush.
2,794.979

bush.

Oats,
bush.

Barley,
bush.

402,901

bush,

170,821

173,199

50,260

31.000
141,511
499,371

177

100,500
61,766
405,264
265,058

43,000
37.973
96,147
51,037

74,820
7.706
1,000
98,198
20,940
23.050
131,471

5,200
4,261
150,000
17,952
4.375
72,746
5.972

4.000
33,39»
1,135

62,532
110,800
134,048

64

300,000
1,500
1,766,732 1,369,284
8,724,647 3,778,302
4,481,592
24,561
270,000
238,000
569,152
834,338
291.963
2,623
190,000
60.000
383,036 1,333,356
67,178
273,568
313,012
143.616
36,500
124.636
510,505
11.083
343,023
78.800
93,000
235,385
123.415
653.282
157,948
200,524
888.623
1,400,000 3,500,000

277,804
300,000

2,423

33,133

40,030
5.000

i',942

3,535

82,286

42,998
100,000

Total "Apr. 17,
Apr.
Apr.

Mar. 27, '80
Mar. 20, '80
Apr. 19, 79

24.226,700 16,608,308 2,003,704 2,227.583 680.408
25.854,237 15,500,088 2.014.671 2,6381464 775,281
18,140,463 12,368,078 1,006,725 1,071,978 1,011,69»

THE DRY aOODS TRADE.
Feidat, P. M., April 23, 1880.

The dry goods market has been devoid of animation the past
week, and yet the jobbing trade was of fair aggregate proportions.
The movement in cotton and woolen goods from first
hands continued sluggish, but stocks are in such good shape
that there was no pressure on the part of manufacturers' agents
by granting extra inducements ; and the

to stimulate business

most popular fabrics were held with unabated firmness, under
the belief that the late lull in the demand cannot be of long
duration. The retail branches of the trade are reported active
in most parts of the country, and the improved condition of
consumers is being reflected in the increased demand for fabric*
of a superior class, which are more sought for than for some
years past.

Domestic Cotton Goods.— The exports of domestics hence to
foreign markets were comparatively light, having been only 768

packages for the week ending April 20. These shipments
included 420 packages to Great Britain, 113 to Venezuela, 70 to
Brazil, and smaller lots to other countries.
Large additional
orders for brown cottons, &c., were, however, placed with manufacturers' agents by exporters, and shipments will doubtless
be of greatly- enlarged proportions in the near future. The
demand for cotton goods by jobbers continued light, but there
was a freer inquiry for certain makes by converters and manufacturers,

reported.

and

in this connection some fair transactions were
Prices of the best makes of plain and colored cottons

were uniformly firm in first hands, but slight concessions were
made on some outside makes that were unduly advanced some
time ago, and various makes of cotton goods were oS'ered at
relatively low figures by jobbers, in order to give an impetus to
their distribntion. Print cloths were dull and weak at 5@5Mc.
for 64x64s and 4M@4%c. for 56x603, and prints were very quiet
in first hands at unchanged prices.
Lawns, ginghams, wide
prints and cotton dress goods were severally in fair request and
steady.

—

Domestic Woolen Goods. ^The market for woolen goods
opened quiet, and continued so until neatly the end of the
week, when a few buyers appeared for reassortments, and business became a trifle more active. There was a steady movement in clothing woolens from first hands on account of back
orders (many of which are still unfilled), but rather less urgency
for deliveries was manifested by clothiers, most of whom are
bountifully supplied wifh goods for their immediate requirements. Values of all woolen fabrics of a desirable character

sympathy with the steady rise in the
and the forthcoming products of many mills are largely
Fancy cassimeres were in limited
under the control of orders.
demand, and some odd lots of union goods were closed out at a
slight reduction in price. Cheviots and worsted coatings were
in light request, and overcoatings ruled quiet
but nearly all
leading makes continue sold in advance of production. Kentucky jeans and satinets were quiet, but prices are fairlj' .steady.
Flannels and blankets continue closely sold up and firm, but the
current demand was comparatively light.
FoREioN Dry Goods. Business was quiet with importers, but
are firmly maintained, in
staple,

;

6,329

2,400

605,4(>0

2,.504,212

Detroit

24,797,074

48,036,522

47,572,763

Milwaukee.
Duluth
Toledo
St.

1,629
5,400

Sulutb
91.306
Total
Bame time '79. 123,214

Chlcaco

I

57.641
85,512

10.756
0,316

1,000 bush, barley.

The visible supply of grain, comprising the stocks in granary
st the principal points of accumulation at lake and seaboard
jorts, and in transit by lake and rail, April 17, was as'foUows
:

—

a fair distribution of dress goods, silks, satins, linen goods. &c.,
was made by leading jobbers. The most staple fabrics remain
firm in price, with the exception of low-grade silks, which are
in redundant supply, and consequently weak.

'

April

THE

24, 1880. J

(:HR0NJ(JLE.

Imporlatlonii of Orjr <ilooda.
of dry goods at this port for tlie weeic ending
April 22, 1880, and for the corresponding weelis of 1879 and
1878, have been as follows:
BNTERIiD FOR CON8U.MITIOS FOR THE WEEK ENDING APRIL 22, 1880.

The importations

1879.

1878.

Pkgs.

Manufactures of—
Wool

310
792
467
U22
267

Silk

Flax
Mlsuellaneoua

Pkgs.

Value.

1880.

Pkgn.

Value.

l.O.'^I

826

757

184,485
323,418
480,493
236,498
209,739

181,036 1.269
80,7:o 10,147

1,850

654
3,347
3,377

278,790
477,389
410,490
301,167
219,730

895,846 13.820 1.434,633 9,985 1,696.566
WITHOKAWl) FROM WABKHOUBB ANU THROWN INTO THE MAKKKT I>UUINO THE SAME PERIOD.
Manufactures of—
Wool
245
303
184
05,379
118,909
69,457
1.53
Cotton
193
48,638
173
56,737
40.44
8111
95
84
58,577
139 108,730
76,649
Flax
369
73,3.57
254
52,366
206
49,975
Miscellaneous
846
24,996 8,842
95,565 2,102
35,910
Total

2,764

Total

Ent'd for consumpt.

1,737
2,764

Total on market

4,.501

. .

300,947 9,711
432,306
895,846 13,820 1,434,633

2,740 272.132
9,985 1,696,566

1,196,793 23,.i31 1.866,939 12,725 1,968,998

ENTERED FOR WAREHOUSE DURING SAME PERIOD.

also the receipts

from January

211

Cotton

131
71

BUk
Flax

80.246
237
1.54
38,188
58,678
89
50,690
304
24,848 13,604

252
169

..

834

Total
nt'd for consumpt.

2,764

Ashes
Beans

104,520
42,114
75,429
57,409
71,280

Flour, wheat
Coi'n meal

Wheat
Rye
Cora
Oats

0,675

252,650 14,388 3.50,752
895,846 13.320 1,434,633

8,497
9,985

Imports of Leadlna Articles.
The following table, compiled from Custom Hou.se
shows the foreign imports of leading articles at
January 1, 1880, and for the same period in 1879:
quantity

(Til-)

U givmi

1880.

1879.

Ac-

China.

China

Kaithenw

Metals, Ac3,425 Lead, pigs

4,497
14,842
176,915
9,942
1,989
5,043
9,921
15,185

.

Glass
Gliissware
Gtiiss plate.

Buttons
Coal. tons...
Cocoa, bugs.
Collce. bags.
Cotton, bales

11,132 Spelter, lbs
76,641 Steel
9,192 Tin, boxes
1,586 TiuslbH..lbs
3,798 Paper Stock.
9.363 Sugar, hhds,
9,270 tea.. Abbls.
678,476 Sugar, boxes
5,068 and bags...

731, 2o4

—

1,924

Baric, Peru.

10,353
7,S68
1,956
22,893
2,940
3,230

DiUKS, &o

Gaiubier .
Gum, Arab.
Indigo

Madder, <fec
Oil, OUve..

319
5,102
20,68
21,945
2,620
4.118
1,414
5,142
67,767

So<la, ash..

flax
Furs
cloth

Hair

Hemp, bales

Ac-

Bristles

..

315

2.255: Fruits,

Lemons

Oranges
Nuts

..

126,298
21,449

..

..

Fustio .....

1,669

446

176

39,602
41,166
52,906

23,119
35.371
9,985

525,911
24.390
303.279
146.745

429,116
17.540
230.503
132,148

338,854
021,337

242,505
784,861
245,887
323.879
3,374,730
27,129

9,592,781
67,669

183.993 Woixls
16,473 Coi'k

2.468

440

660,503
319,582
20,675
152

310,9.57
375,:J81

867 Pepper.. ..
191 Saltpetre ...

306

.

..

Ac-

Ginger

Liuscod
Molasses

,

Ac-

500
1.327
64.648

Kaisins ...
451 Hides, tmdr.
1,447 Rice
15, 436| Spices,
231 Cassia

824

Metals, (feeCutlery
Hai'dware...

„,

.

Fancy goods
863 Fish

19.207,

1,118

..
.

902,705
422.584
27,760

3,442

value.

5.815 Cigiirs
14,319 Corks

Jewelry,<Sic-

Watches

180,579

4,906 Waste

1,034
3,472
26,310

.

Hide8,dr'8d
India rubber
ivory

Jewelry

178,937

1,053 Wines. &o.—
13,631
Cliauip'gne
1,432
baskets
1,767 Wines
1,316 Wool, bales
9.836 Reported by

13,373

....

Hides,

452.360
22.671
368,415
3,771,920
38,554

14,637 Tobacco ....

663

Soda, bl-cb.
Boda, sal...

Gunny

26,307
2,760,840
140,645
516,153
11,868,779
88,136

Logwood

.

Maliogany

79,268
27,844
178 414
16t;,936

197,227
15,463
287,986
69.700|

93,744
58,653
132,611
107,907

154,616
54,275
274.251
59.29J

Exports of ProTislous.

,,

Ihe following are the exports of provisions from New York,
Boston, Baltimore, Philadelphia, Montreal, Portland
and New
O^'^a.ns, for week ending April 17, 1880, and
their distribution
:

Tojondon

Beef,

Lard,

Bacon,

bbls.

bbls.

Cheese,

Tallow,

lbs.

lbs.

lbs.

lbs.

150
805

<iveri»ool

Blasgow

21
95

HuU

—Bristol

"Newcastle.

..

W, Hartlepool
Antwerp
Bremen
Ilainliurg

I>enmark

50
20
80
100

Danlzic
Konigsborg..

Havre
French ports.
CentralAmer.

Am.
Cuba

ports

.

Haytl

W. F.
B.N.

ports...

A. Col..

Otb'r uouiitr's

Total week

'50
2S0
380
322

10

20
53

140
314
150

isi
147
50

1,510
1,789

21

737

497
202

84
66

Brazil
8.

229
687
509
105
113
25

6.259

169,600
2,109,297

1,132,1._
5,303,707

277,100
178,820
180,350

924,250
606,401
752,900
462,650
22,700
1,676,200
563,200
643,600
463,525
71,250
190,000
1.228,090
166,250
6.400

28,OOC
1,580,200

683,228
1,533,320
704,000
216,000
636,500
1,337,378
280,000
85,473
8,028
170,145
135,030
27,900
155,729
4,2«l
11,108

Oil

cake

Pciiuuts

Provisioua—

2,305
26,724
78,036
6,636
52,453
1,800
16,181

3.062 11. 2.'il.S66 14.3<l9.78:i

43,140 240,000
177,540 1,203.500
120,200
42,000
2 J, 200
55,000
.66,000

14,124
83,251
10,056
168,953
7,582

bbls
bbls

lAird.

tcs.

I>anl

Hogs, dressed
Rico
Spelter
Stearine

137,8:K)

362

583
35

bbls.
galls.

68

866
193,332
1,668

bush.

2,292

40,317

43,701

pkgs.
pkgs.
pkgs.
pkgs.
pkgs.

1,036

30,247
11,971
592,575
295.182
125,861
209,648
106.625
42.331
40,672
28,700
15,872
5,209

118,813
16.818
074.166

427

slabs.

21,461
20,189
6,149
23,577
13,21
4,276
15
3,443
1,250

pkgs.

124

Abbls.
kegs.
No.
pkgs.

bbls.

hhds.
pkgs.

Wool

65,956

17,591

Sug.ar

boxes

1,611.678

12,108.000
423.084
9.642.432
2.683.899
1,293,583

bbls.
bbls.

Sugar
Tallow
Tobacco
Tobacco
Whiskey...

891
10.295

2,312
26,354

pkgs.

bbls.

A cases.

160
2,299
3,569

hhds.

947

bbls.
bales.

6,101

207

921

33:1,810

312,838
164,261
285,847
16.659
49,863
14,426
34,753
11,063

71

980

7,037
34,403
52,999
16,803
105,666
7,575

40.976
38,940
13,034
114,024
14,347

25,8.37

Exports ot Leading; Articles of Domestic Produce.
The following table, based upon Custom House returns, shows
the exports from New York of all leading articles of domestic
produce for the week ending with Tuesday last; also the exporta
from the 1st of January, 1880, to the same day, and for the corresponding period in 1^79:

Week ending
April 20.
Ashes, pots
Ashes, pearls

Beeswax
Fl(Hu-,

wheat

Flour, rye

Corn meal

Wheat
Rye
Oats
Barley
Peas
Corn
Candies
Co.-il

Cotton
Domestics

Hay
Naval StoresCrude turiwntine

73

707
48

41,771

13,025

bbls.
bbls.
bbls.
iiush.

78,020
12
5,344

1,072,609
1,429
48,903
11,681,662
031.172
53.969

936,909
2,705
54,140
12,389.820

bush.
bush.
bush.
bush.
bush.
pkgs.
tons.
bales.

1,089,191

57,375
6,615
7,693
1,087,406
2,459
1,V21
13,423

pkgs.

768

bales.
bales.

1.809

3

30,026

Wliale
Spci-m

gals.
gals.
gals.
gals.
gals.

23.438

l-ard

Petrnleiun

254.630
140.046
9.080,417
18.317
19,141
121,436
27,000
23,225
1,845

1.057,889
133,072

73,260
146.584
8,645,364
20,865
26,235
91,749

42,675
19,430
10,751

100

cwt.

Pitch

la«t year.

1,445

Oilcake
Oils—

Tar

Same time

lbs.

bbls

1,830

Rosin

1

446

bbls.
bbls.
bbls.
bbls.
bbls.

Spirits tm-pentiuo

Since Jan.
1880.

20

bbls.

Breatlstuffs—

Linseed

51,700

. .

884
259

•

Pork

Hops

Pork,

1,420
18.626
99,796
7,899

1,723

bbls.

Beef
Cutmeats
Butter
Cheese

I

1879.

25

309
852

No.

bbU.

Eggs

Tea

Bloa. powd.
Cochineal..

Opium

1880.

545
40,920

3,738
12,622
2,223

bags.
bags.

pl|

Oil, lai-d.i
Oil, wh.ole

in p.-ickngcs wlieii uot ollicrwiso specified.

I

545
*47

336,671
10.786
2.986
87,800
70,7^4
52,850
22,330
1,254,240
394,072
4,941
74,825

hm

Tar

returns,

96,859
5,563

1,218,669
29,611
6,010,837
187,235
11,004,230
2,031,698
1,348.821
188,649
857,881
14.017
3.914
68,729
45.679
17.641
5.996
1,138.683
48,032

bales.
bales.
sides.

Turpentine, spirits.
Rosin

this port since

55.431
2.760
048,540
18,850
502,528
125,386
50,766

bbls.

Naval Stores—
TuriKiutine, crude

3,598 1.148,496 28,208 1,785,385 18.482 2,302,469

bbls.
bbls.

bales.

Molasses
Molasses

last year.

1,848
17,671

b'osli

Hides
Hides

Same time

125
&8I

bush.
bush.
bnsh.

Barley and malt
Pcaa
Cotton
Cotton seed oil
Flax seed
Grass seed

1,

1880.

bbls.
bbls,

bush.
bush.

I^ead

552
254
120
896

eadloff Since Jan.

Broivdstuffs—

Pitch

Total at the port.

and for the

1880, to that day,

April 20.

Leather

Wool

1,

Week

Hops

Manufactures of-

Miscellaneous.

Receipts of LeadlnK Articles of Domestle Produce.
The following table, ba.sed upon daily report« made to the
New York Produce Exchange, shows the receipts of leading
articles of domestic produce in New York for the week ending
with Tuesday last (corresponding with the week for export*)
corresponding period in 1879:

$

527

116,467
233,103
2H4,.530

Value.

413

92
167
159

449
2.387,588

2,707
67,467
1,787
1,641
547,904

2,879
61,991
2,417
1.900
568,714

288

61,088
35,135
333,529

61,314
180,821
10,872
80,048,296

2,92-2

46,731,077

I'rovi.sions

1

i',6'o'6

244,140
151,600
2,664

48,389
2,682
1,544
6,791

Pork
Beef
Beef

Cutmeats
Butter
Cheese

Lard
Rice

Tallow
i',5s6

4,65';

:<59.218 2,233,670

Tobacco, loaf

bbls.
bbls.
tierces.
lbs.
lbs.
lbs.
lbs.

bbls.

476

lbs.

1,631.289
1.530

hhds.

Tobacco
bales and cases.
Tobacco.manufactured. lbs.

Whalebone

7.589
1.770
1.122
10.461.005
299.844
684.268
9,138,877

lbs.

648
60.127
2,450

73,585
17,273
21,409
182.585,584
5.510,542
13,235,706
01,413,060
4,091
23,084,459
21,061
14,228
2,190,789
42,801

82,853
14,493
21,474
242,751,116
9,350,236
23,985,a04
89,380,7:

a

5.5(0
23,075, It 9

16,598
8,630
2,163,675
19,778

THE IC^RONICLE.

444
Financial.

CO.
UNION TRUST
YORK,
NEW

OP

Ho. T8 Broadway, Cor. Rector
-

CAPITAL,

rr

.

BA8 SPECIAL PACILITIBS FOR ACTING

Insurance

&

Foote,

Coleman Benedict & Co.

!» WAtl. STREET,

STOCK AND BOND BEOKEE8,
92 BROADWAY, NEW YORK.

No.
BtTT

AHD niX

OOVBKNMBNT BONDS. STOCKS AND MI8CBLLANBOU8 SKCUalTIES.

$1,000,000.

-

.

S».

Afl

XXX

Financial.

Hatch
BANKERS,

[Vol.

Stocks,

RaMroad Bonds, Governments, and

all

Se-

curities dealt in at the New York Stock KxchanKe
oouKliland sold for investment or carried on marKin, strictly on commission.

HilmerSjMcGowan & Co

jAB. MCGOTKRN, JB.
COLEMAN BENEDICT,
Member N. Y. Stock and Mining Bichanges.

Transfer Agent and
BROKERS IN
RcgiHtrar of Stocks. Foreign Exchange, Stoclcs and Bonds,
as Executor, AdmlnHtraAottiorUed by law to act
Guardian, ftccolvcr, or Trustee, and

a

Is

lor,

ttS

I,ECAL DKPOSITOKV FOR MONEY.
may be made

Interest allowed on Deposlu, which

Uie
"l? ^'!l!gK'eck."n"ifrn«lt«lon pas. throojh
J.

M. MoL«A», 1»« VIce-PreKidnu.
Vice.PrtMtnt.
J. H. OOILVIE,

J.

M. MoLXAN,

M

SAMtrlL WlLl«T».

Wm. WmTKWHIGHT,

ACSUBTUS BOMLL,
K. B. WKSUtY,

O.

.

mercial

BONAIBSON,

York.

&

BROADWAY AND

68

17

NEW

Exchange

All Seenrltles dealt In at the

& Clinton »t«., Brooklyn, N. T.

&

H. Latham

T.
''

BROKERS IN

FOREIGN EXCHANGE,

a«ent In the sftleor manaKementof
"uSrS'ascollect
interest or dividends, receive

United Stntes, Chicago, Cincinnnli.St. Louis.
District of Columbia Uouds,

make purchase and

•ale of Government and other securities.
persons
RcliKious and charitable Institutions, and
of business, will
nnaccustomed to the transaction
"'depository
'
convenient
'
and
safe
a
UndthlsCi
! Company
lUPLKY HOPES, President.
lev
for money
CIIA^S. U. MABVIN, Vlco-Pres't.
EdoakM.Culi.e^>j. Counsel.

^

INVESTiMEXT

WM.

B.

BUNKER,

Secretary.

^V ANTED

All kinds of

MISSOURI and ILLINOIS DE-

FAULTED COUNTY
price paid for them.

"'•*'""

coarAwn,
BANKER AND BROKER,
N. 'I'hlrd street, St. Louis, Mo.
I,.

124

BONDS.,, Highest markej
Give full description, nai

J.

A.

c WALCOTT &

Buttrick

&

Co.,

DEALERS IN
<iOVERNMBNT AN» INVESTMRNT SECURITIES
BUY AND SELL ON COMMISSION.
For cash or on margin, all securiticjs dealt in at the
New York Stock Exchange. Brokers In State, Hallway, Municipal, Mining and Miscellaneous stocks

&

BANKERS,
21

AND

22

&

Mercer,

Interest allowed on deposits, to be drawn at will
Also, Contracts made and carried in New York
issue a Daily
Cotton and Produce Exchanges.
Letter which will bo sent on application.

Wo

&

A. H. Brown

Co.,

BANKERS AND BROKERS,
New, New York.
INVESTMENT SECURITIES.

T 'Wall St., Cor.

Special attention to business of country banks.

Oilman, Son

&

BANKERS,
CEDAR STREET.

In addition to a General Banking Business, buy
sell' Government Bonds and Investment Securi-

and

&

Jones,

No. 19 William Street, New York.
U.S. GOVERNMENT,
GOVERNMENT BONDS. STOCKS SECURITIES
„„„„„,„,„.
Negotiable Securities, ON COMMISSION.
AND INVESTMENT
Mr. J. M. Drake has been a member of the New
BOUGHT AND SOLD ON COMMISSION.
York Stock Exchange since 185a, and will give per-

miMNG

BROAD STREET.
STOCKS and BONDS
N«. 37

At Auction.

STOCKS AND BONDS
ON

WEDNESDAYS AND SATURDAYS.
Ko. 7

11.

inVLEER

PINE STREET,

B.

Insurance.

The United

States

Comp'y,

Life Insurance

261—264 Broadway, N. Y.
Assets,

Surplus,

....
....

$4,983,216 81
872,484 o6

President.

IN

Examine the new form of Policy Issued by
United States Life Insurance Company before
Burlng elsewhere.

After the premiums for three or more years hav
been paid, upon receiving the required notice from

the assured the Company will continue the Policy
in force without further pnyments. for its tULL
FACE, for such a period as the ENTIRE RKSERVK

d ath of the Insured take place during
the continued term of insurance as provided for
above, the full face of the Policy will be paid-n»
deduction being made for foreborne or unpai*
premiums, excepting in the event of the deatt
occurring within three years after the orlglnai

"shouMVhe

„

,j

,.

The new form of Endowment Policy provides :—
That if the ENTIRE BKSKRVE Is a greater sum
than the single premium required to carry the full
amount of insurance to the end of the endowment
.

term, the excess shall be used as a single premium
to purchase a i>ure endowment, payable at the end
of the term, thus guaranteeing to tlie policy-holder
in everv event the full value of his Reserve.
NO SURRENDER of the Policy is required only
a notice from the policy-holder, on blanks fur;

three'' Y^ARS, ALL RESTRICTIONS

CONDITIONS In regard to travel, residence,
occupation and cause of death are removed, thus
making the Policies, after throe y^J?, INCON-

TESTftLK FOR ANY

CAUSE, EXCEPTING

application, send Circulars giving full particulars.
„.,,„„
orfce of Middle Department, Boreel Building
No. 117 Broadway, N. Y., Henry W. Baldwin, Sup't.

The Company

will,

upon

WM. M. Lent.
san Francisco.
(Special.)
Member N. Y. Stock Fxchange.
Member N. Y. Mining Stock Exchange.

M

MARINE iND FIRE INSURANCE.

Jones

J.

D. Probst

&

Co.,

STOCK AND BOND BROKERS,
No. 52

EXCHANGE PLACE, NEW YORK.

Stocks, Railroad Bonds, Governments, and
Miscellaneous Securities, Bought and Sold.

COMMERCIAL
Mutual Insurance Co.,
No». 67 and 59

WUllam

Street.

INSUBES AGAINST

MARINB, FIBB AND INLAND NAVIGATION
RISKS.

0*6 Undersigned hold REGULAR AUCTION
BALES of all classes of

ADR1AI\

STOCKS.

B. HiNCKT.EY.

L

BANKERS AND BROKERS,

Wm.

Sheldon.

SPECIAL ATTENTION GIVEN TO

sonal attention to all buainess entrusted to the firm.

Smith,

Ad-

Wadsworth.

and

and BONDS,
STATE. CITY, and aU other

&

C.

°'Ai?TEi^

Hinckley

New York.

Pomeroy, Cox

WM.

default.

Co.,

ties.

OSCAR B.SMITH.

and

vances made on same.

JAMES BUBLL,

BUT and SELL RAILROAD STOCKS

OWABD POMEROV, W.H. COX.JR.,

All classes of negotiable securities bought
sold at the Stock Exchange on Commission.

York,

Geo. A. Mercer.

DREXEL BUILDING,

W^all St.,

New

BANKERS

62

Co.

Elliman,

N. Y. Stock Exchange.

and bonds.

yamesM. Drake

&

AND COMMISSION STOCK BROKERS,
LIBERAL AND IMPORTANT CONCESSIONS
LIFE INSURANCE CONTRACTS.
Exchange Court and 62 Hroadway.

BANKERS,
No. 3 Broad Street, Drexel Building.

STREET,

BONDS AND STOCKS.

Wm. F. owe\-8,

Owens

Wadsworth,

10 W^AlIi

BrTTRiCK, Member of the N. Y. Stock Bxch'ge

Member

&

Sheldon

STREEr.
F. W. PERRY.

Wm. Elliman. Member of the N. Y. Mining Eich'ge.

7

Transact a General Banking Business, buy and sell
on commission all securities dealt in at the New
York, Philadelphia and Boston Stock Exchanges,
Special attention
either for cash or on margin.
given to Mining stocks.
F. DICKINSON,
FRANK
WALCOTT,
Jos. C.
Members N. Y. Stock and Mining Exchanges.

P. O.

BONDS, STOCKS and INVESTMENT SECURITIES
BObGHT AND SOLD UN COMMISSION.

CO.,

No. 29 Broad Street,

Investment Secnrltlea.
BOX 2.647.
A.M.KIDDER. WATLAND TRA8K. H.J. MORSE.
Sell

BANKERS AND DEALERS IN

No. 2 Nassau Street,

C. A.

York.

SECURITIES,

BANKERS AND BROKERS,

BANKERS,

Clinton B. Fisk

52 WILLIAM
H. LATHAM.

J.

Edmund W. Corlies.

Austin Corbin.

New

Transact a General Banking Business, inclndinfc
the purchase and sale of STOCKS and BONDS for
cash or on margin.

AND GTHDU

^

McCue,
Wm. B. Kendall. Henry Sanger. Alex.
A A. I^w.
JOhnP. Bolfe, Chas.B. Marvin. HeiiryK
Sheldon
B.Baylis,
Abm.
Sullivan,
Thomas
H.K. Pierrepiint. Dan'lChauncey,.)ohn T. Martin,
Alex. M. White. .losiah O. Low, Uiplev Ropes,

WALL STREET AND BROADWAY,

Bar and

Co.,

charter to
Thl» Company Is authorized by special
or ad•<* as receWer, trustee, guardian, executor,

Mtate,
«S
iSstl^ and transfer books, or

COR. OF

ST.,

But, Sell and Carry on Margins

Secretarr-

(A^ Co.
BANKERS,

Co.,

U. KIMBALL, J. P. HOWBLL, N. P. HENDEK30X,
Members N. Y. Stock Exchange,

The Brooklyn Trust Co.
Cor. of MontiMroe

Com-

bills.

Kimball, Howell

Wood.

G. D.

Q. O. Williams,

A

Wabd

Gio. Cabot

New

O. BOX 2,847.)
of
Special attention paid to the negotiation
(P.

C.

KXKCCTIVB COMMITTEE.

IPall Street,

&.

SON,

NEW YORK.

Dodge, Potter

&

Co.,

BANKERS

ASSETS Jan. 1,1880

$810,804 75

AND

AM. RISKS WBITTES AT REASONABLE RATES.

COTTON COMfflSSION MERCHANTS,
34 FINE STREET,

W. IRVING COMES, President.

.New York.

WAINWRIGHT HARDIE, Vioe-Prea'l

HENRY

D,

KIHG, Treiwurer

Afbo.

THE

24, 1880,]

(JHKONICLE.
Insurance.

Commercial Cardi.

HOME

E.R.Mudge,Sawyer&Co

Inaarance.

OFFICE OP THE

Company

Insurance

ATLANTIC

0F NEW VORK,

Co.

Insurance

BnOVVlNO TUS

CONDITION OF TUK CO.MI'ANY ON THB FIRST
BAY OK JANUARY, 1880.

CASH CAPITAL

Nkw York,

January 21, 1880.

Tlio TniBtocs, In conformity to the Charter of
the Company, BUl)mit tlie follo-wluR Statement

cf Its ninUrs on the 31st December, 1870
I*rc!i:ium9 received on Marino
Risks, from 1st January, 1878,

Reserve for Re-inauranco
Reserve for Unpaid Losses
Net Surplus

Cash Assets

$6,410,988 11

$5,371,048 49

Kisks.

Total

3,875,101 20

Cashia Bank

Ccrtlflcatcs of the issue of 1876, will bo
redeemed and paid to tho holders thereof, or
their legal representatives, on and after Tuesday, the 3d of February next, from which date
interest on tho amount ho redeemable will
cease. The certificates to bo produced at the
time of payment, and canceled to tho extent
paid.'

A Dividend

of Forty per cent

is

de-

clared on tho net earned premiums of tho Company, for tho year ending 31st December, 1879,
for which certificates will bo Issued on and after
Tuesday, tho 4th of Moy next.

H. CHAPaiAN, Secretary.

TRITSTEES:

'

Charles H. Russell,

James Low,
David Lane,
Gordon W. Bumham,

Charles H. Marshall,
George W. Lane,
EUwin D. Morgan,

A. A. Raven,
W'm. Sturgis,

Robert L. Stuart,

W. n. H. Mooro,
Lewis Curtis,

Adoliih Lomoyne,

Benjamin H. Field,
Josiah O. Low,
William E. Dodge,
Royal Phelps,
Thomas F. Youngs,
C. A. Hand,

John D.

Ilewlett,

William H. Webb,
Charles P. Burdett,
J.

James G. Do

Forest,

Frederick Chauaoey,
Charles D. Leverleh,
WiUiam Eryce,
William H. Fogg,
Peter V. King,
Thomas B. Coddington,
Horace K. Thurber,
WUllam Degroot,

Henry
Jolm

"AWNINO
Also,

BTRU-KS.-

Ageau

United States Bnntlne Company.
f:ill

AND ENDOWMENT

.IFE

mpply

all

Wldthi and Colon alwart

in stock.

& Bro.,

ORGANIZED APRIL

IZ^.h

40O

01

BROADWAY, NEW YORK.

184-2.

0YER$80,0OO,OOC

HELIX NEEDLES.

iniliTVARD'S

POLICIE!

)NTERMS AS FAVORABLE AS THOSE
ANY OTHER COMPANY.

&

Russell

Co., China,

Commission Merchants and Ship Agents,
Hong KoDK. OHnton. Amoy. FoecfaoWt 8liauv>
flat

Stcainsliips.

Agent

In

ONLY

uud Unukow.

America,

S.

W.

PO.'tlEROT, Jr.

New York OlBoe,
Boston

Office. 44

B9

Wall Stbkkt.

CENTHAL STUBXT.

Direct Line to France.
GE.NEBAL TRANS.%TLANTIC CO.
Betireen Neiv York and Havre,
From

Pier (new) No. 42 North River, foot of Morton
street.

Travelers by this line avoid both transit by English itullway and the discomforts of crossing the
Channel in a small boat,
Wed.. April 28, 8 A. M.
AMKRKJUE, B. Jougia
Wed., May 5,3 P.M.
KRANCK, Trudelle
Wed., May 12. 7:30 A. M.
CANADA. Frangeul
PRICK OK PASSAtiK, (Includinit wine;
To Havre First cabin. $100 and $80; second cabin,
$55.
Steerage, $2U, iocluding wine, bedding and

—

utensils.

Return tickets at very reduced rates.
Checks drawn on Credit Lyonnals of Paris
amounts to suit.

in

Steamers will leave New York direct for Lisbon,
Gibraltar and Marseilles every month as follows
:

FERDINAND DK LESSKPS
VILLK DE MARSEILLES
CALDBRA

About May
About June
About July

Through bills of lading granted for Spain,
and Algeria.

^iul mtm.

17
17
17

Italy

GOLD MEDAL,

Price of Passage:— First cabin, $100 steerage, $32.
;

Horace Gray,
Edmund W. C'orlies,
John Elliott,
Alexander V. Blake,
Robert B. Mlntum,

D. Jones,
Charles Dennis,
J.

kind* of

mediterranean Service.

By order of tho Hoard,
J.

all

If.S.WINSTON, PRESIDENT
SSUES EVERY APPROVED DESCRIPTIONO

Amount of Assets
$12,437,739 51
Six per cent I:iterecit on the outstand-

Outstanding

And

COTTON CANViS, FELTINO DUCK, CAR COYEK
U<e, BAOOING. RAVBN8 DUCK, BAIL, TWIMICB
*U. " ONTARIO HKAMLKK8 BAU8,

No. 109 Onane Ktrret.

Total

F:ftf per cent of tl>e

COTTONSAILDUCK

pHCEOIMIi'
OF NEW YORK.

231,405 10

ing certiUcatea of proiits will bo paid to tho
holders thereof, or their 1-gal representatives,
on and after Tuesday, the 3d of February next

In

UTUALIIF

840,736 77

Company has tlio

following Assets, viz.:
United St;;tes and State of New
Yorlt Stock, City, Bank, and
other Stocla
$8,875,558 00
Loans secured by Stocks, aiid
otherwico
1,307,900 00
Rcr.l IZotato and claims duo tlio
500,000 00
Coni;>aay, Cotimatcd at
Pretnium Notes and liiiis Roceivablo
1,522,820 35

Co.,

George A. Clark

Bcturns of Piemiums and Expenses

&

'Uannfactorert and Dekiflrs

A

J.

1,524,331 04

period

Turner

Brinckerhoff",

118.410,988 11

MARTIN, Frestdenf
J. H. TVASHBVRN, Secretary.

CHA8.

Januarj',

Tlio

30

In

Ist

1879,to3l8tDocombcr, 1879
Losses paid during tlio samo

..

suminAuv of Assbxs

been issued
upon Life Risks; nor upon
Fire difconnected witli Marino

Premiums marked oS from

A .\ I>

Hosiery, ShIrtN and Drawers
trow Various Mills,
"""*•
BOSTON.
.o
li^.'S^
t3&4i> WUITK iCFKKET,
15 ChaL'NCKV STBnT
Pilll.AnKIJ'HIA,
J. W. DAYTO.N, aao CUICSTNUT STBSBT.

MBNT

Policies liavo

<'Ulcopee Kirc. Co.
Co.,

Woolen

itlllU,

81

the Unllnrt States. Hvallsblc for tho PAVof I.OSSKS by KIHK and (or tho protection of Policy-Holders of FIHB IN8UBANCK;
»283,28M 29
Cash In Banks
Bonds and mortKUijes. bclne first Hen on
l.RBa.OK? 00
real estate (worth M.lll.iOO)
3,184,125 00
United States stocks (market value)
200.702 50
Hank stocks (marki't value)
237,8i)9 50
State and municipal b'ds (market value)
Loans on stocks, payable on demand
(market value of socurltlea »54S.5«2). 418,970 00
IW,870 88
Interest due on 1st January. 1860
154,114 87
llalance In hands of aKents
54,125 «1
Ueal estate
Premiums duo and uncollected on |k>U8,607 38
clea issued at this office

Held

Total amount of Marino Pre-

miums

00
00

$3,000,000
1,H41,43H
2iS,7«4
1,320,785

:

toSlBt December, 1879
$3,690,000 58
Premiums on Policies not markwloir 1st January, 1879
1,671,981 91

No

New

Atlantic Cotton IVI1I«,
Saratoga Victory niig;. Co., uceau MlTl»

FUlty-TUlrd Soml-annnal Statemeut,

Mutual

Burllnict'in

Ellcrtou

BROADWAY.

OFFICE, 119

AdKNTS FOR

Washlnctsn miU,

Collins,

L. Rikor.

D. JONES, President.

CHARLES DENNIS, Vice-President.
W. H. n. MOORE, 2d Vice-President,
A. A. RAVEN, 3d Vice-President,

LOUIS DEBEBIAN, AKeut,
6

BowHng

PARIS, 1878.

His Celebrated XumhcrSy

Green.

303-404- 70-35 -332,
I

1

andhia other stylea vxay be had o/atl itcUtn
throughout the worUU

Atlas Mail Line.

NewTork.

Jo8eph6illott&Son3.

stearaera fdrm close connection at
of the Pacific Steam
NaviKation Company, bein^ the quickest and mo»t
direct service between Now York and the west coast
of South America. Sail from pier fil Nttrtli River.
For Kingston. Aspinwali-. Gheytown, Colombia, Panama and soL'TH Pacific Ports

Our Aspinwall

Panuma with the Htcamors

ALVO

April

AILSA

'>7
\

Cotton.

:

May

For llAYTl:

11

April 2ti ATLAS
ALPS
May 13
For PoiiTO Rico
April 30 ETNA
CLARIBEL
May 29
For NoKTU Jamaica and MAiiACAiBd
April 2rtl ARUAN
HOUSSA
JUay 19

H.

!

:

I

Superior accommodation for flrst-class passengers.
For froiRht or passage aiyily to
PIM, FORWOOD & CO.. Genoral Agents.
No. 37 Wall Street,

&

Co.,

& Real Estate Agent*
TICKSBCKO, mss.

Civil Enfflneers

Purchase, sale, entry and redemption of lands and
for non-residents attended to.
nformatlon as to value and local advantage of
lands furnished. Our fleU of operation embraces
the States of I^euislana and UiBilMlppl.

H.

Farley,
J.
COTTON FACTORS,
COMMISSION MERCHANTS,
AND

FINANCIAL AGENTS
132 Pearl

O Box

P.

A. L. Pierce

W. &

Sltect,

3,909.

New

ITork.

Advances made on Consignments.
Bpeclal personal attention to the purchase and sale

of

''

CONTRACTS iOK FDTUUK DKLIVKRT OF

COTTON.

Geo. Copeland

fayment of taxes

&

Co.,

COTTON BROKEES,
13S

PEARL STREET, NEIT YORK.

THE CHRONICLE.

n

Woodward &

Stillman,

&

74

COTTON
COMMISSION MERCHANTS,

T« ^*II «reet,

NKW YORK

Cottou Kschange BuUiUng,

HENERAL COMMISSION WEfiCHANTS
..0A:«!» MADB on ACCKPTAB1.B

101 Pearl Street,

SEGVBIT¥.

cTaDi-es

wlbera

New

Fork.

orders for
Bpecui ittontion paid u> the execution o»
ne purcBMO or ule of contracts for f ature deUrery

SOUTHERN SECURITIES.

or cotton.

a

LXBHAN, A IKAHAV A

&

GN ER A L

COPimiSSION MERCHANTS,
8 Son til William

St.,

York.

JAMES FINLAlf &

COMJIISSION MERCHANTS,
40 EXCHANGE PLACE,

CO.,

LONDON AND GLASGOW.

LIVKRl'OOL,

MeMra. FINI<Air, MUIH & CO.,
CALCUTTA AND BOMBAY.
FUTUEB CONTRACTS FOR COTTON bOUBht
snd sold on Commissio n

Fielding,

In

New York and LlTerpool

.

WM. MOHR. CLBMENSFlSCnEB, U. W.HANEMAKN,
Son of J. T, Ilanemann,
late of Knoop, Ilanemann & Co.

Mohr, Hanemann & Co.,
COTTON BROKERS,
PEARL STREET,

133

NEW

&

97

brdera executed at the Cotton E:icbange8 in Ne7
York and .ji>crpc9l a^d t.<VKsees made on Cotton
and other produce consigned to cs, or to our correpondents In Liverpool, Me'srs. B. Newgass A Co.
and Messrs L. Roaenbeiui & Sons.

'

PEARL STREET, NEW YORK.

Future " orders executed at N. Y. Cotton Excb'ge

Insurance.

iETNA

Receive consignments of Gntton and other Produce,
and execute ortJers at tbe Exchanges in Liverpool.
Represented In New York at the olhce of

BABCOCK BK0THER8 & CO,
50 Wall Steiit.

COMMISSION MERCHANTS,

OF HARTFORD.
Total Assets, January

1,

Re-insarance fund.

Unpaid

.

.

.

losses, etc

&

Dennis Perkins

Co.,

New

IIT Pearl Street.

Orient, L.

The

COTTON BROKERS,
York.

R. M. Waters
t4

&

Co.,

MERCHANTS AND BANKERS,
BKOAD STREET, NEW YORK.

Llt'sral

COTTON

Advances made on

STOCKS,

COTTON,
«5

WILLIAM STRKET,
H. WARE.

Ware

GILLU.':

&

SCBROEDEB

Schrocder,

111 Pearl Street,

New

Irerj of cotton. Liberal advances

made oa con-

ifcnments.

WALTER & KROHN,
COTTON BROKERS,
%»

BEATER STREET, NEWT YORK.

James F.Wenman& Co.,

NEW YORK

Bennet

Tontine BulldlnK)

&

1S41.

Foulke,

COniHISSION nERCHANTS,
121 PEARI.

STREET,

NEW YORK.
Special attention given to the execution of order

or the porohue or nl9 of Contracts for Future

54 William

Office

St.,

BLAGDEN,

New York.

in Leadville, Buena Vista and Gunnison City, Col.; Dallas and Houston. Tex.
Sole Proprietors of the ** Original Budweiser,"
Trademark registered In 1817.

Branches

London

Ask your Grocer for Conrad's Bwtweiscr.

HENRY

PULSFORD,

Vr.

Resident Manager.

EATON, D^uty Manager.
Asst.

Deputy Manager.

Lyommercial

STEEL AND CHARCOAL
IRON of superior quality
suitable for MINING AND
HOISTING PURPOSES

inclined Planes, Transmlsision of Power, Ac. Also,
LlGalvanized Charcoal and
JbB for Ships' Rigging. SusJpension Bridges, Derrick
Ferry Ropes, Ac.
f Guys,
large .stock constantly on
hand from which any deare
lengths
cut.
sired

E.

GEO. W. HOYT,

Wir e Rope.
L

Globe

45 William St,
JAITES

choice

dr*

Insurance Company^

BIJDWEISER EAOERBEER,
Bohemian Barley, universally acknowledged the
best and healthiest Beer In the world. Warranted
to keep in all climates. Agents wanted In all towns.

&

Liverpool

CO.,

EOVIS.

.

P.

MANAGERS,

BUOAD^VAY.

IN BOTTLES,
made from Imported Saazer Hops and

:

ASTOlt, Esq.

OFFICE,

CONRAD &
ST.

FORK

CHAS. E. WHITE, SAM.

Orders left with Messrs. ISELIN & BARKER
No. 14 Broad St., will receive Immediate attention.

Mo. 146 Pearl Street, near Wall, N. Y.
(In

J. J.

Co.,

OPTIONS BOUGHT AND SOLD.

COTTON BROKERS,
asUbllsbed

NJEW

SOLON HUMPHREYS, Ch'i'n.(B. D.Morgan £ Co
DAVID DOWS, Esq. (David Dows & CoO
E. P FABBKI, Esq. (Urexel, Morgan & Co.)
Hon. S. B. CHITTENDEN.
EZRA WHITE. E.-q.

Prea't,

&

Co.

Ins.

LONDON AND EDINBVRtaH.

agent in every thriving

Iselin

British

Mercantile

MEMBERS CHICAGO BOARD OF TRADE.

for the purcha»e or sale of contracts for future de-

York.

Agent.

United States Board of Manageaient,

Apply (with reference) to

CRENSHA^V,

John H.

C.
Special attontic n paid to the execution of orders

LlilE,

Richmond, Va.

ITorlc.

New

OF

Crenshaw Warehouse,

No. 3S

COTTON COMMISSION MERCHANTS,

&

« ORIKNT COMPLETE MANURE,"
And want a good working

Ac.,

Orders In " Futures" executed at N.Y.Cotton Exch.

EXNKV

AMMONIATED BO.NE SCl'EBPHOSPHATE OF
AND

Wr. G.

4,868,883 8!

»2,04«, 458 94

St.,

North

Virginia

Fertilizing Co.

Co.,

BONDS,
NEW YORK.

&

OFFER THEIR STANDARD BRANDS

cotton-growing county.

&

H. Tileston

In Store.

00—

" Orient.'

I

Atlantic

Orders for Spot Cotton and Futures promptly exe"
c nted

1, 1819..

ALEXANBER,

JAS. A.

Eureka"

WORKa AT

M

1,B17,189
851,199

NET SURPLUS,
\o. 2 Cortlantit

miscellaneous.

V.

alrept, N.

J8,914,147 79

1879

1^000,000 00

Capital

Jan.

140 Pearl

Company

Insurance

COMMISSION MERCHANTS,
17 Water Street, LIYERPOOl,,

AND

OE-

DKRS FOR FUTURE CONTRACTS.

Gwynn & Co., B.F.BABCOCK&CO.

COTTON FACTORS

YORK.

Special attention given to the execution of

Tainter,
Waldron
GENERAL COTTON MERCHANTS,

Neir York.

Also execute orders for Merchandise through

AND

COTT®N COMMISSION MERCHANTS
No. 10 Old $llp, New York.

Co.,

LEHMAN BRO'S,
Cotton AND Factors

Advances made on ConslKnments to

Mewrn.

A

Co.,

BANKERS

Montgomery, Ala.

Kew C.-.'aans, 1j».

Co.,

New

Lsn.MAN. DtTBB

CO.,

&

Jemison

S.

MOODT a JEMISON, Galveston, Texas.

LOANS MADE ON

made on ConilgnmenM.

Henry Hentz

E.

INMAN,SWANN&Co

SEAMEN'S BANK BTILDIKQ.

24, 1880.

Cotton.

Cotton.

Cotton.

Tiem,

[Apbil

Union

Ins.

L^o.

(OF LONDON),

A

'

ALFRED

FLAT STEEL AND IRON
ROPMS for Mining pur-

PELL,
Resident Manager,

poses manufactured to order.

JOHN W. M*SON & CO.,
43 Broadway, New York.

3r

&

39 Wall Street