The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
inantiar
-I
ommtrria
HUNT'S
MERCHANTS'
MAGAZINE,
& WethJa IMwsjfaye*,
REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OF THE UNITED
STATES.
[Entered, according to act of Congress, in the
VOL. 32.
year 1881, by Wm. B. Dana & Co., in the office of the Librarian of
SATURDAY, APRIL 30, 1881.
CONTENTS.
THE
The Financial Outlook
453
Imports and Exports for March,
Wabash
and for Nine and Twelve
Months Ended March 31,
1881
458
454
Prospects of the Wheat Crop.. 455
Coin in the Bank of England.. 455
Chicago Milwaukee & St. Paul
Report
456
Monetary and
English News
Commercial
458
Commercial and Miscellaneous
Revenue Law Uncertainties... 457
News
460
THE BANKERS’ GAZETTE.
Money Market. U. S. Securities, Railway Stocks, Foreign
j Quotations of Stocks and Bonds 464
465
I Local Securities
j Investments, and State, City
'
Exchange, New York City
Banks, etc?
4G1 |
THE
Epitome
and Corporation Finances... 46G
COMMERCIAL TIMES.
470 j Breadstufts
475
470 I Dry Goods
476
JSJJxjeFinancial
Cltrowiclc.
Chronicle
The Commercial
and
day morning, with the latest news up to midnight of Friday.
[Entered at tlie Post Office at New York, N. Y., as second-class
matter.]
.
do
IN ADVANCE:
$10 20.
6 10.
in London'(including postage)
do
&2 7s.
do
1
8s.
Subscriptions will bo continued until ordered stopped by a written
order, or at the publication office. Tbe Publishers cannot be responsible
for Remittances unless made by Drafts or Post-Oltice
Money Orders.
Advertisements.
Transient advertisements aro published at 25 cents per line for each
Insertion, but when definite orders are given for five, or more, insertions,
a liberal discount is made.
Special Notices in Banking and Financial
column 60 cents per line, each insertion.
London and Liverpool Offices.
The office of the Chronicle in London is at No. 74 Old Broad St reet
and m Liverpool, at No. 5 Brown’s Buildings, whore
subscriptions and
advertisements will bo taken at the regular rates, and
single copies of
the paper supplied at Is. each.
WILLIAM B. DANA,
)
WILLIAM B. DANA & 00., Publishers,
JOHN G. FLOYD, JR. j
79 & 81 William Street, NEW YORK.
Post Offich Box 4592.
E5P* A neat file
is furnished at 50 cents; postage on the same is
Volumes bound for subscribers at $1 00. A complete set of
cover
18 cents.
the Commercial and Financial
can he obtained at the ollice.
prices
recorded—even the “Windom’s”
Gov¬
ever
quoted at 101 to
101^, and the demand is sufficient to carry them much,
higher. The Bank of England rate of discount has been
reduced to the minimum of last
year and the inquiry in
are
Great Britain for investment securities is
great as to
up to 101 11-16, the highest
recorded since 1852 when they were
102, and that was the
highest ever known. Emigrants are flocking to our shores
in numbers so great that extra steamers have to be
pro¬
vided to, meet the demand.
Tbe prospects for the crops
move
the
so
price of Consols
decidedly brightening, while the scheme for extending
the redeemable
fair to be
5 and 6 per
cent bonds at
per
cent, bids
brilliantly successful. Add to this a new start
earnings, and we have in brief the financial
It is no wonder that with such
surroundings
depress the values of good railroad properties
in railroad
TERMS OF SUBSCRIPTION-PAYABLE
For One Year (including postage)
For Six Months
Annual subscription
Sixmos.
do
827.
doubt will go on expanding as months
progress.
ernment bonds are
selling for about the best
are
is issued every Satur¬
mail
NO
out
CniiONICLE.
Marriage of Jersey Central to
Commercial
Cotton
Congress, Washington, D. C.}
Chronicle—July, 1865, to date-
situation.
efforts to
should prove unsuccessful.
In our issue of March
26, page 322, we gave a table
comparing the highest and lowest rates for money on call
during March with those in the corresponding month in
1880 and 1879.
It
was
then
expected that the supply of
would he so far in excess of the
average for April would certainly not.be
money
cent.
The record shows that this
first week
only.
demand that the
more
than 5 per
the average
for the
Since then the average rates have de¬
was
clined to about
and fourth
for the second week and 4 for the third
weeks.
The oversold condition of the stock
market will in
part account for this; but the principal
producing it have been the large arrivals of gold
Europe and the further circumstance that funds
Spring lias burst upon us with unusual suddenness this which were sent to the interior for the usual
April settle¬
season, and with it every industrial enterprise has received ments
began at once to flow back 'from remote points to
new
impulse. The snow blockade since the new year this centre, and now
currency is freely coming hitler from
opened, and later still the floods, put such an embargo on
Chicago, St. Louis and Cincinnati, where interest rates are
freight transportation, that spring business did not at the almost as low as
they are in New York. This is an indica¬
opening meet anticipations. But now with the machinery tion that the country is full of
money.
There is at present
of commerce
again in full motion, consumption large and no lack of it for all mercantile, industrial,
manufacturing
interior stocks of goods small, deferred orders are
coming and speculative enterprises, while our foreign trade is in
forward, and the movement of goods is likely to be kept so.
satisfactory a condition as to turn the flow of gold this
np in unusual volume for the summer months,
way on the slightest inducement.
What conclusion can be
’The outlook, therefore, for our various industries is
drawn
from
such
facts
as
these
and others we have stated
very
promising; and this only adds another influence to above, except great industrial and
speculative activity for
the many favorable conditions
affecting our financial coming months ?
markets.
Money is even now obtainable on call at
The Treasury operations for the six
days, including
an
average of about 4 per cent and is offered for six last
show
Friday,
a
loss,
which
a gain to the banks, of
is
and even ten months at that rate
on
pledge of stock $2,219,628.
This has chiefly come from payments of
collateral. Indications also
point to a steady flow of cur. Assay Office checks for foreign bullion, which have
causes
=
THE
FINANCIAL
OUTLOOK.
from
i
rency,toward this
most remote.
centre from all interior
Bank currency
is
on
points, even the amounted to $3,408,046. There is $360,000 still to be
the increase and with¬ settled for.
The receipts by the Treasury for customs
CHRONICLE.
THE
454
alone have amounted
$2,936,827 in this period, and
to
[Vol. XXXllJ
There have been two weak spots in the stock market
this week.
The elevated railroad shares have fallen
$1,194,000 has been in gold, $137,000 in
United States notes, and $1,604,000 in silver certificates. heavily, by reason of the official statement of the financial
The rates for domestic exchange have risen to 25 cents condition of the Manhattan Company, made to the Mayor
in an application for remission of the tax on the corpora¬
per $1,000 premium at Chicago and to par at Boston and
Advantage was taken of the break in these stocks
St. Louis. Currency is flowing hither freely from the West, tion.
and the following table will show the extent of the move¬ to unsettle the other properties, and an attack upon the
ment, as reported by the principal banks, since last Thurs- market was partially successful. On Thursday the Trunk
lime shares wera advanced, on rufiors that the managers
day.
had agreed to pool the earnings instead of the freight of
Received.
Shipped.
the roads ; but while these properties were, strong, the
$244,000
$1,402,COO
Currency
other weak spot, Reading, showed itself, and the fall in
Gold
of this
sum
this
again aided in unsettling the market. The tendency
majority of the railroad properties is qlearly
The movement of gold from Europe has nearly ceased toward higher prices, and there appears to be good buy¬
for the present.
Since the 13th no shipments have been ing at every decline, on orders- from domestic and foreign
reported by cable, and the amount now in transit is light investors.
and made up of small lots which have been sent out from
continental ports.
The arrivals since Saturday inclusive MARRIAGE OF JERSEY CENTRAL TO WABASH
have amounted to $526,338, making about 27 millions
No sooner does a road come under Mr. Gould’s maternal
since the beginning of the year.
The Bank of England care-than it 13 lest in admiration for some other road
$244,000
$1,402,000
Total
the
of
g:
*
tCUQl l SUUwa a
i
orw
^ttin ui ^ i
-
oaa
xl
e
.
1-
^„A
^
w,uuu lui LHC hoca, auuau uiucaoc
of 1 3-16 per cent in the proportion of reserve to liabilities.
The Bank of France shows a gain of 3,950,000 francs gold
silver for the week, while the Bank
increase of 5,320,000 marks. The
following indicates the amount of bullion in each of the
European banks this week and at the corresponding, date
and 7,300,000 francs
of Germany has an
last year.
the Central of New
enough apart to be safe from each other’s charms; separated
as
they are by about 500 miles; yet see how eager and in¬
tense their
earlier
April 29, 1880.
Gold.
Sil ver.
Gold.
Silver.
£
£
£
£
Bank of Germany
59,403,315 63,872,012 70,428,831 <>8,102,774
59,058,643 68,3-0,512 70,439,425 68.020,641
Total tliis week
previous week
tdP The above gold and silver division of the stock of coin of the
Germany is merely popular estimate, as the Bank itself gives
Bank of
«no
information
on
that point.
The market for
foreign exchange has been strong in
pubhc pronounced it all
a
are
“
28,146.765
23,807,232 49,469,030 32,679,060 18,890,774
9.103,008 19,402,982
9,603,000 19,206,000
the incredulous
passing fancy, or, perhaps, idle g03S:p; but now there
longer any doubt as to their relations. Life is evidently
intolerable except in association with each other.
It has
become patent to even the most superficial observer that
26.403,075
England
JBank of France
Total
rumors
On the
no
here
JBank of
desire is to reach out and embrace
mere
is
April 28, 1881.
One would certainly think that
Jersey and the Wabash were far
already within his control.
Two souls* with but a single thought,
Two hearts that beat as one.”
has laid their paths in life so
matter to unite them. Toledo,
the extreme eastern end of the Wabash, is, as already re¬
marked, 500 miles distant from Tamanend, the extreme
western end of the Central of New Jersey.
In an ideal
union space and distance are as nothing.
But this is to he
a
practical union as well a$ an ideal one, and in it therefore
space and distance are important elements.
And yet, can
nothing compass the difficulty when the benefits to result
are so enormous?
Appeal is made to their mystic guardian.
ITe at once determines it shall
be done,1 and that’s
The Creator, to be sure,
wide apart that it is no easy
of a scarcity of commercial bills. Shipments
produce are for the moment checked by the
comparatively high prices for pork and provisions, the re¬
tarded movement of grain, at first through the snow
Blockade and floods, and later by the bad roads ; it is also
reported that the quality of the cotton now coming forward enough for those that have faith.
A conference was held Monday afternoon, according to
is so inferior that it cannot be readily sold for export.
For
the daily papers, between committees of the Jersey Cen¬
these reasons the supply of bills is not equal to the demand
tral and Wabash, with reference to the formation of a
for remittance against bonds imported, and the rates have
close alliance and the establishing of a new through rpute.
been advanced to such points as to make it temporarily
It was resolved ” to extend the Jersey Central system to
unprofitable to import gold. There is some trading in
Red Bank (how much more appropriate Green Bank
securities by cable, but these transactions for European
would be) over the Pennsylvania “low grade” roads,
account cannot be heavy, otherwise there would be a supply
much in the same way outlined in these columns last week,
of bills from this source.
The following table shows the
and from thence to build 70 miles to Youngstown, “where
relative prices in London and New York at the opening
there 'is abundant communication to Toledo.”
Abundant
•each day.
communication, indeed ! So is there at Philadelphia and
April 29.
April 28
April 27.
'April 26.
April 25.
New York, and even at Red Bank.
Why then build 70
consequence
of domestic
i
“
Lond'n
-
xV.r.
LoruVn X.Y. Lond'n X.Y.
Lond'n
X.Y.
Lond'n
X.Y.
price*.* prices. prices.* prices. prices* jrrices. prices.* prices. prices.* prices.
115** ■15 17 115% 115-41 115% 115 41 115% 115-41
101-41*
U.S.5s,c. 101-57* 102% io:-65* 102% 101-53* 102% 101-78* 103
46-87
4626
45-77
40
46-38
4617
46%
45%
Erie
45%
103-24 102% 10324 102% 103-48
2d con. 102-78 102*4 103-24 102
136-84 135%
136-84
136 87 135%
13687 135
Ill. Cent. 130-56 135
145-24
N. Y. C.. 143-85 142% 143-66 143% 143 60 142% 14464 144
57
28-36+
28*48*
56% 2848+ 56% 27-02*
Beading 28" 4 3+ 57
-U.S.4s,c.
11518
110
103
40%
103
136%
144%
53%
Exch’ge,
cables.
486
4-87
4-87
4-87
4-87
*
Expressed in their New York equivalent.
+ Reading on basis of $50, par value,
t Ex interest.
Note.—The New York
cable transfers, which
equivalent is based upon the highest rate for
ordinarily covers nearly all charges, such as
interest, insurance aud commissions.
miles of road ?
No information is vouchsafed as to
are
to be
made with the
Pennsylvania.
what arrangements
Perhaps that was
thought unnecessary. But does it not seem a little queer
that the Pennsylvania, which would play by far the most
important part in the proposed route, should not have
been represented * at all in the conference ?
Then, as the
Pennsylvania has its own line to Toledo, would it not be
in the highest degree unwise, as we have before said, for
*For tlie sake of the metaphor we will suppose that corporations
have soul*
April
it to assist in
455
THE CHRONICLE.
30, 1881. J
the formation of an
new lands are being opened'
up constantly, we cannot see any present prospect of a.
total acreage below that of last season.
On the other
hand, it would not be safe, in view of the foregoing facts,
to count too surely upon a further great increase in our
opposition line, which pushing further West, and
only take away some of its business ? Perhaps the
Pennsylvania had already been consulted and refused its
aid.
In that case how plucky of the. Jersey Central and
Wabash people to “ resolve ” not to let the small distance
of 500 miles stand in the way, and to unite the systems yield of wheat next season.
It is probable that there are yet pretty full stocks of
anyway, in theory if not in fact.
Would not the benefits
wheat in the hands of farmers.
Prices have not been
be the same ?
could
either the announcement or the results, high enough to stimulate deliveries, and the accumula¬
let him reflect on the immense advantages that the Wabash tions of snow, followed by floods, interrupted transporta¬
is deriving from a similar alliance, solemnly made in con¬ tion greatly by rail, as well as over country roads, for
The lateness of the season has delayed the
clave last summer, with the proposed New York Lacka¬ many weeks.
wanna & Western, which was announced with a great
reopening of the Erie Canal. The probabilities are, there¬
flourish of trumpets—the new road to extend to Buffalo fore, that unless crop prospects shall be so unpromising as
If any one doubts
Wabash at Detroit over the Great to induce farmers to hold back the old stock, we shall
Western of Canada.
Verily, these stories about the for¬ have very heavy supplies of wheat upon our market from
mation of new thiough routes and alliances have been the middle of May to the first of July.
But so much will
repeated so frequently that they are getting “stale, flat depend upon many conditions yet to be developed, that
and unprofitable,” and unless Mr. Gould soon hits upon it would be idle to attempt to forecast the course of prices.
There is no longer any doubt expressed of the export
something more substantial than these unions against nature
demand for our wheat, at moderate prices, continuing on a.
to perfect
an Eastern trunk line, is it not possible that
the public will become altogether incredulous ?
For our¬ very large scale. At the beginning of the crop year now
selves, we are free to admit that we think Gould wants drawing to a close, it was apprehended that the better yield
and has determined to have an Eastern system already in Great Britain and the West of Europe would cause a
established, and is not at all desirous of forming or build¬ material curtailment of the demands upon us. Such has not
proved to be the case. For nine months ending April 1, being
ing a new one, either in whole or in part.
three-fourths of the fiscal year ending July 1, the exports
of wheat (including flour reduced to wheat) reached the
PROSPECTS OF THE WHEAT CROP.
The prospects of the wheat crop of the United States large aggregate of 145,608,000 bushels, against 139,862,000
for the coming season are involved in some doubt, through bushels for the corresponding period of the previous
the possible operation of events that had little or no rela¬ fiscal year, which had greatly exceeded all former years.
tion to the two or three great crops which have been Thus in the face of better crops in Great Britain and the
and connect with the
gathered in the seasons last passed.
winter of 18S0-81 was
unusually
In the first place, the
severe
and prolonged,
flour
increased.
It is true a lower range of prices has prevailed,
and the aggregate values for nine months of this year are
about 166 million dollars, against 174 million dollars last,
year ; in other words, nearly six million bushels more
wheat have been sold for eight million dollars less money..
But if this fact has any significance, it is in demonstrating
that at moderate prices we can sell our wheat in quantities
that a few years since would have been deemed im^
West of
Europe, our exports of wheat and wheat
coming on early and hanging on late; and more lately the
wheat-growing sections of the Northwest have suffered
from floods beyond all precedent.
These circumstances
can hardly fail to have an important relation to the yield
of wheat for the next season; in some cases improving,
while in others diminishing, the prospect; and there is,
therefore, a good deal of anxious inquiry, even thus early,
possible.
regarding the matter.
Of the present condition, the accounts coming in are
COIN IN THE BANK OF ENGLAND.
very contradictory, and derived, as they mostly are, from
The London Economist cites as an evidence of “ slack¬
partial and local' observations, are not very reliable.
Winter wheat is, no doubt, rather backward in growth ness of trade” the circumstance that the Bank of England
from the effects of the severe winter and late spring, but holds £17,500,000 coin now, against 10 to 12 millions on.
seems hardy, and now comes forward rapidly, especially
ordinary occasions. The inference drawn from the factsin the Northern latitudes.
In the Middle latitudes, where cited seems to be very reasonable, and, in truth, quite con¬
there was less snow, it was to some extent winter killed. clusive. We should like, however, to ask—
1. Whether it does not follow, from such a statement^,
The acreage has been extended on new lands, but the
that, if trade had not been slack, this 5 to 7 million
comparatively low prices current last autumn undoubt¬
excess of coin over ordinary occasions would have
edly restricted the sowing, more or less, in the older
been in active circulation, and therefore not have
sections where winter wheat is grown.
Therefore no
very
important increase in the acreage can be ex¬
pected.
regards spring wheat, the whole year, from the
gathering of the last crop to the present time, has undoubt¬
edly been unpropitious. It is usual to do the plowing of
lands for spring wheat in the autumn; there is little time
for this work in the spring; and as soon as the snow disap¬
pears the mowing is made upon the lands plowed in the
previous autumn. The winter came on so suddenly and
severely last year that farmers had no time to plow to
the extent desired, and the floods this spring have over¬
flowed much land, so that it could not be sowed, or, on
subsiding, have left many other fields unfit for cultivation.
Still, as population the last few years has rapidly been
As
accumulated in bank ?
Bank had been short of this unusual
accumulation of coin, would it not have been com¬
2. That if the
pelled to put up the rate of interest until it made
“slack,” so that the coin could be accum¬
business
ulated ?
3. Does it not
«
look, therefore, as if this necessity and
hanging over English trade, was a chief influ¬
ence in keeping business “slack,” and that it would
quickly check any considerable activity if it were to
fear
arise ?
followed up and
and personal will appear to
this silver question.
Perhaps the more this thought is
dwelt upon, the more intimate
be the interest England has in
THE
456
CHRONICLE.
CHICAGO MILWAUKEE & ST. PAUL REPORT.
The St. Paul report has been awaited with much
The large additions to the company’s mileage,
interest.
through
acquisition and extension, the knowledge that this had
caused a heavy increase in indebtedness, and the fact that
the increase in earnings of late did not keep pace with the
increase in mileage, have all tended to draw attention to
the company’s affairs, and much speculation has been
indulged in as to what the report would show.
As respects the number of miles of road embraced in
its organization the company now stands in the front rank
of the great railroad corporations of the day.
The mileage
was increased 1,544 miles
during 1880, and on January 1
the company operated altogether 3,775 miles.
The total
(7)Milwauke
has been further increased
[Tol. XXXlI.
(16) Chicago to Milwaukee, and branch of 3 miles
(17) Clinton, la., to La Crosse, Wis. (Chicago Clinton Dubuque &
Minnesota), 178 miles, but 160 counted in (5> and (9)
(18) Sioux City: & Dakota Link.—Sioux City to Sioux Falls and
to Yankton, 131 miles, but 52 miles included in (8)
(19) Rock Island, III., to Racine, Wis., 197 miles, but 22 miles
counted in (9)
(20) Bkanches in Wisconsin.—Watertown to Madison, 37 miles;
88*
jg
79
175
Madisonto Portage City, 39 miles; Sparta to Viroqua, 34
miles; Lisbon to Necedah, 13 miles; La Crosse to Bridge
Switch, 3 miles; Lone Rock to Richland Centre, 16 miles;
Milton to Monroe, 43 miles; Albany to Brodliead, 7 miles;
Janesville to Beloit, 14 miles; Milwaukee to Portage City,
98 miles; Horicon to Berlin and Wiuneconne, 57 miles;
Ripon to Oshkosh, 20 miles; Milwaukee to Schwartzburg
and Cement Mills, 7 miles; Mineral Point to Warren, 33
miles; Platteville to Calamine, 18 miles; Eagle to Elkhorn, 17 miles; Tomah to Jenny, 108 miles
(21) Branches in Minnesota.—St. Paul Junction to St. raul, 6
miles; Benton to Minneapolis, 29 miles; East Wabasha to
Zumhrota, 59 miles; Wells to Mankato, 40 miles; Caledonia
Junction to Preston, 58 miles
:
(22) Branches in Iowa.—Conover to Decorah, 9 miles; Mason
City to Austin, partly in Minnesota, 39 miles; Sabida to
Cedar" Rapids, 92 miles; Paralta to Farley, 44 miles;
Davenport to Jackson Junction, 151 miles; Eldridge to
Maquoketa, 32 miles; Watertown to Hampton Coal Mines,
4 miles; Savanna to Sabula, 3 miles; Turkey River Junc¬
tion to Wadena, 44 miles; Bellevue to Cascade, 36 miles;
Waukon Junction to Waukon, 23 miles
(23) Branches in Dakota.—Milbank Junction northwest, 22
miles; Egan to Dell Rapids, 13 miles...
564
since, and now is about 3,800.
192
Among the roads acquired are the Southern Minnesota,
the Chicago Clinton Dubuque & Minnesota, the Wisconsin
Valley, the Chicago & Pacific, the Sioux City & Dakota,
and the Hastings & Dakota.
The purchase of the Southern
Minnesota was announced in the previous report, but the
road had not yet then been merged in the St. Paul system.
477
The Chicago Clinton Dubuque & Minnesota is quite an
35
acquisition, as it gives the St. Paul an all river line from
Grand total
3,800
Clinton, Iowa, to St. Paul, Minnesota, and removes the
danger of competition there.
But perhaps the most
Various other lines are. projected.
The one that is
important addition is the Chicago & Pacific. This road attracting chief notice is the proposed extension of the
when it passed into the hands of the St. Paul extended
company’s Iowa system from Marion to Council Bluffs,
from Chicago to Byron.
It needed the construction of which would give the company a line between Chicago and
only ‘2G miles to bring it in contact with the St the latter point. The report speaks very favorably of the
Paul’s
entire
the
to
network
latter
short
of
roads
and
and
to
afford
direct line to
Chicago. These 2G miles have been constructed, and
now the position
of the St. Paul has changed. It is no
longer exclusively a Milwaukee road. While retaining its
“grip” on that city, it has succeeded in obtaining a hold
on
Chicago, so that the distinctively Chicago roads should
soon feel the effect.
This must not be lost sight
of in any
estimate of the company’s future.
How the St. Paul
system has been transformed under the influence of the
Chicago & Pacific, and what a wide expanse of territory it
now covers, may be seen in the
following analysis which
we have made of the company’s
mileage.
a
very
Miles.
(1) Milwaukee via Watertown, Portage City, La Crescent and
Hastings, to St. Paul and Minneapolis
33C
(2) Milwaukee via La Crescent, Hastings and Ortonville, to
Aberdeen,Dakota, 587 miles,but 307 miles already counted
in (1)
2S0
(3) Milwaukee via La Crescent, and over Southern Minnesota
to Madison, Dakota, 535 miles, but 196 counted in (1)
(4) Milwaukee via Milton, Madison, Prairie du Cliien, Mc¬
Gregor, Calmar and Farmington, to St. Paul and Minne¬
apolis
(5) Milwaukee via Milton, Madison, McGregor and La Crescent,
to St. Paul and Minneapolis, 399 miles, but 334 miles counted
in (1) and (4)
(6) Milwaukee via Milton, Madison, McGregor, Calmar and
through Iowa to a peiut 32 miles west of Plankinton, D. T.f
to
via
same
339
409
65
and (6)
‘
road
would
through a fine section of
it will pass midway between the
run
as
Northwest and Rock Island for most of the
would be surrounded
distance, it
either side
by active competitors,
certain yet that Central Iowa can
at present support three roads in such close proximity
to each other.
Then as regards the Council Bluffs traffic,
that would have to be divided with the three roads already
doing the business; so here too the field is pretty well occu¬
pied. Still as it is announced that steps have been taken
to begin work at once, we suppose the line will be built.
The company’s financial condition, as presented in the
report before us, can not be regarded as highly satisfactory.
At the close of the year there was outstanding $70,172,000
of mortgage debt, on which we figure the annual interest
charge at about $4,663,000. The previous year the debt
was only $41,349,500,
showing that during 1880 there was
an increase of $28,822,500. Bills
payable, unpaid vouchers,
&c., increased from $932,330 on Dec. 31, 1879, to $1,056,497, Dec. 31, 1880, and miscellaneous accounts and current
balances due other companies increased from $523,580 to
$2,005,739. On the other side of the account there was an
on
and it does not appear
increase in the value of materials
on
hand from
$385,971
$564,715; but materials can hardly be considered as
of floating liabilities. The in¬
of iron rails, which are reported
2,415 tons and valued at $119,217. In last year’s report
available in the payment
crease is mainly on account
points to Marion Junction, and then
—
The
country, it is true, but
to
Runniug Water, 586 miles, but 524 miles included in (4)
<8) Milwaukee via Milton, McGregor, Calmar, &c., to Rock Val¬
ley, and then to Sioux City, 533 miles, but 471 miles in¬
cluded in (4) and (6)
(9) Chicago via Byron, Lanark, Savanna, Dubuque, McGregor
and La Crescent, to St. Paul and Minneapolis, 4JS miles,
but 205 miles included in (1) and (5)
(10) CniCAGO via McGregor, Calmar and Farmington, to St. Paul
and Minneapolis, 448 miles, all counted in either (4) or (9)
(11) Chicago via McGregor, La Crescent, Hastings and Ortoirville, to Aberdeen, 688 miles, all counted
(12) Chicago via McGregor, Calmar, and over Southern Minnesota
to Madison, 576 miles, all counted
<iS) Chicago via McGregor, Calmar, and through Iowa to point
32 miles west of Plankinton, D. T., 662 miles, all counted
(14) Chicago via McGregor, Calmar and Marion Junction, to Run¬
ning Water, 625 miles, all counted.
(15) Chicago via McGrogor, Calmar and Rock Valley, to Sioux
City, 572 miles, ail counted
line.
62
at
hand appears.
accounts and balances due from agents, &c.,
62
233
such item
rails
Miscellaneous
show a small
gain, having risen from $580,432 to $780,491, hut cash on
hand has been drawn down from $801,694 at the. close of
1879 to $382,950 at the close of 1880.
No change of any
consequence has taken place in the stock, which stands at
$15,404,261 common and $12,404,483 preferred, together
$27,808,744. This, it must be admitted, is a very small
capital for a company having 3,800 miles of road and 70
millions of debt.
Would it not be advisable to pay for
future construction by issuing stock, and “ let up” for a
no
while
on
as
the debt?
on
THE CHRONICLE.
30, 1£81 ]
-April
457
There is just one point in these figures that will bear
earnings were $13,086,118, against
$10,012,819 in 1879, a gain of $3,073,299. Net earnings comment, and that relates to the movement, of freight. It
were $5,343,693, against $4,539,024.
The latter did not will be observed that while the eastward movement
increase in the same proportion as the gross earnings increased 12 million ton miles, or about 5 per cent, the
owing -to the fact that the percentage of operating ex¬ westward movement increased more than 91 million ton
That notwithstanding
penses was greater—59-16 per cent in 1880, against 54-66 miles, or pretty nearly 66 per cent.
in 1879.
The interest charge was $2,837,383 in 1SS0, the good crops there should be an increase of only 5 per
and $2,287,407 in 1879.
The reason that the charge was cent in east-bound freight, is certainly very strange and
The
gross
of the new issues of bonds the needs explanation. As to the extraordinary gain in the
interest had to be paid only in part.
After deducting wTest-bound freight, it may be said that although, no
from the net earnings the interest here given, and also doubt, the wmnts of settlers along the company’s lines for
$81,000 for sinking fund on consolidated bonds, and all kinds of goods from the East have increased, it wrould
adding on $324,298 for “premiums, interest and other not be at all surprising if the larger part of the gain should
income,” there remained a surplus of $2,749,607 on the be shown to have been on account of supplies carried for
the construction of new roads, and more especially for the
year ISSO’s operations, equal to a little less than 10 per
no
65781
heavier is that
on
many
preferred stock. Seven per St. Paul’s owrn lines.
cent has been paid out of this. If we leave out of account
the $324,298 received from premiums, &c., the surplus
REVENUE LAW UNCERTAINTIES.
will amount to about 8f per cent.
If the company had
Some cases wdiich have very recently arisen, so well
had to pay the full interest on the bonds outstanding at illustrate the
present condition of our revenue arrange¬
the close of 1880, the surplus, instead of being $2,749,607,
ments, that a statement of them may be useful.
would have been about $925,000, equal to 7 per cent on
Schedule L of the tariff assesses upon sundry factures
the preferred, and 1-3 per cent on the common.
But the of wroolens and worsted yarns, including knit goods, a
3,775 miles which the company had at the end of 1880 specific duty of 20 to 50 cents per pound, and5 also 35 per
were not all operated
the entire year. The average was cent ad valorem ; schedule M assesses 35 per cent upon,
only 2,923 miles. So the company has 852 miles additional ready-made clothing and wearing apparel of all descrip¬
on which to draw for
increased business. ' Thus far this
tions, including stockings, woven shirts and drawers, and
year, the road has increased its earnings $467,402, all similar articles made on frames.
Some time ago a
notwithstanding the snow blockade all through the winter. Department ruling placed stockings under the “ knit
Of late weeks, wdien the embargo on traffic had been to a
goods” covered by schedule L ; the importers resisted this,
great extent removed and freight held back came forward, and the suit of Vietor against Collector Arthur recently
the increase in earnings has been about 50 per cent on reversed the
ruling, the Supreme Court deciding that
last year’s figures.
Expenses, however, have been very stockings made on frames fall under the dutiable descrip¬
heavy, and as the percentage of expenses to earnings tion in schedule M.
increased in 1880, so it is not unlikely that 1881 will
Last month, a Treasury circular instructed customs offi¬
witness a further increase.
The following show's the cers to assess duties conformably to this
decision, but—as
company’s operations for eight years past. Dividends are is nowT claimed—went beyond the terms of the decision,
given in the year in which, not out of wiiich, they W'ere and included caps, gloves, leggins, mitts, stockings, woven
paid.
shirts and drawers, and all like articles made on frames.
cent
both
on
common
and
Expenses.
Earnings.
$
2,451,563
$
1.839,643
3,081,901
$
0,594,560
8,953,017
3,085,390
3,100,847
1,951,102
1,980.228
2,032,881
10,012,819
5,871,116
5,170,353
4,953,324
4,540,433
4,792,313
5,473,795
13,080.119
3,574,461
3,659,454
4,539,024
2,158,218
2,135,730
2.287,407
7,742.426
5,343,69 \
2.837.383
....
8.255,743
8,054,171
8,114,894
....
....
8,151,707
....
....
Earnings.
Interest
Paid.
$
....
1880
Net
9,04 (i,123
1873
1874
1875
1876....
1877
1878
i 8/11
Operating
Bonds.
raid.
rref.
Com.
r. ct. r. ct.
7
*
7
t 17^2
*
31*2
10*2
7
7
2*2
/
1 11 per cent in bonds.
"With reference
to
the traffic
statistics, wre find that the I
average rate received per passenger per mile has decreased
j
from 2-93 cents to 2-84 cents, but that the rate
per ton per
|
mile increased slightly,
having been 1-76 cents in 18S0and
1-72 cents in 1879.
The following will sliowTthe passenger j
and
Eastward.
Westward.
26,797,080
25,860,486
27,659,659
27,058,970
30,159,779
31,463,349
29,020,362
1873....
1874
....
1875....
1876
....
1877....
1878
1879....
....
1880....
35,403,855
50,106,399
Tons of
Eastward.
....
1877....
1878
1879....
1880....
....
28,866,479
35.338,410
42,715,737
61,455,520
52,252,558
58,260,429
54,880,848
59,845,665
55,925,449
05, L9S,189
78,119,592
111,561,919
Freight Carried One Mile.
1873....
1874
32,186.006
Total.
198,656,818
213,688,830
196,603.586
196,110,119
Westward.
1,950.069
1,695,336
1,915,974
1,796,213
2,024,154
2,285.852
3.162.898
Freight
257,638,532
$6,421,369
275,046,731 229.829,423 504.876.154
Pate -per
Passenger
per Mite.
$1,857,197 3-58
Earnings
75,488,014 271,598,133
223,725,685 98,093,217 321.818,902
263,474,521 138,121,213 401,595,734
Passenger
Earnings.
Total.
60,5 ii Mho 2*>9.168,248
58,850,672 272,539,502
63,204,441 264,808,027
relief, and he read a letter to this effect
from a firm of stocking makers in the town of Laconia, N. H.
Next in order appear the makers of iron cotton-ties,
complaining to the Treasury that, in order to evade the
j comes to their
freight movement since 1873.
Passengers Carried One Mile.
delegation of makers of these goods visited
the Treasury to protest, particularly as to shirts and
drawers, which, they claimed, are not woven goods, but
knit, although made on frames, and therefore properly
subject to the heavy compound duty under shedule L.
After listening to them, the Treasury so far yielded as to
issue a third circular, temporarily suspending the instruc¬
tions given March 29.
On Tuesday last, Mr. Blair of
New Hampshire presented
in the Senate a r'esolution declaring
that the public interest requires
Congress to be convened in. public session immediately.
He explained-that the decision above stated will ruin the
hosiery and knit goods factories, unless Congress speedily
A w*eek ago, a
Dividends
Gross
h.162,111
5,715,125
5,409,045
5,662,629
5,783,366
6,897,828
8,890,457
3*35
3 09
3 20
3*21
3-09
2 93
2*84
cents
cents
cents
cents
cents
cents
cents
cents
1late per
Ton
per
Mile.
2-50
2-38
2*10
2*04
2*08
1*80
1-72
1-76
cents
cents
cents
cents
cents
cents
cents
cents
specific duty of L} cents per pound assessed by schedule E
upon hoops and band iron of the specified thickness,
English makers put a single rivet through one lap of the
tie ; thus, as alleged, the ties come in as manufactures of
otherwise provided for, at 35 per cent ad valorem,
! amounting to half a cent per pound. The complainants
urged that there is no practical advantage in a cotton tie
with a rivet at one end, over the old plain lap, and argued
that if discriminations like these are permitted the iron
business of this country is ruined.
On the other hand, an
importer of cotton ties, from New Orleans, argued that
the South needs cheap ties.
| iron not
THE
458
These
CHRONICLE.
mischief which
►our complicated tariff works, and of the debilitating effect
which too much pampering exerts upon industry.
The
duties are so mixed, inconsistent, and vaguely stated, that
the real meaning of almost every paragraph admits of
question. The result is that rulings and decisions are
issued by the Department from time to time, as well as
made by subordinate customs officers.
Practically, the
"Treasury Department, for the time being, and customs
apt illustration of the
cases are an
officers in
their
circle, make laws, which are by no
means always reasonable and just ; pursuant to the timehonored precedents, the rule is, as expressed by one of
these iron complainants, that “ where an honest doubt is
“
involved it is proper for the Department to decide in
u
favor of Americans in preference to foreigners.”
How
arbitrarily and harshly this law-making by interpretation
works, importers have learned by experience.
The phraseology just quoted is also suggestive of the
narrow idea this over-protection begets as to the character
of labor to be considered.
Americans are always to have
preference over foreigners. This involves the fallacy that
the foreign producer, and not the home consumer, pays
the tax ; but what Americans are to have this preference ?
The maker of cotton ties wants to be protected against
foreign ties ; the cotton grower and cotton manufacturer
want
cheap ties. The rolling-mills want protection ;
everybody else wants cheap rails, cheap tools and ma¬
chinery, and cheap iron generally. So we might go
through the list, finding that the home producer is up in
.arms against any relaxation of duty, while the consumer
wants cheap articles of all sorts.
There is a narrow selfthis
continual
seeking to
by inteqiretation personal advantage under the
law.
Upon what grounds is one portion of American
labor entitled to special consideration in the tax laws,
rather than another ?
Nobody can venture to deny that
cotton growing, wool growing, producing raw materials
generally, and all agriculture, are industry ; and how is it
that labor in one department is more sacred than another ?
When the right of “American labor ” is talked of in
speeches and party platforms, it appears that sundry
special interests are meant.
secure
IMPORTS
AND
EXPORTS FOR
MARCH,, AND
FOR NINE AND TWELVE MONTHS ENDED
MARCH
31,
1881.
given the ninth monthly statement for the fiscal
year 1880-81 of the imports and exports of the United States.
The excess of exports of merchandise, stated in
specie
follows
:
Month ended March 31, 1891
Month ended M arch 31, 1880
Wine months ended March 31, 1881
Nine mouths ended March 31, 1880
Twelve months ended March 31, 1881
Twelve months ended March 31. 1830
The excess of
-as follows:
$21,304,558
6,403,990
234.814.278
159.082,2') 1
243,445,899
;
70,886.561
Excess of exports over imports
Excess of imports over exports
GOLD
191,471^896
imports of gold and silver coin and bullion
was
For the 12
ended
March 31,
mos.
$6,463,986
AND SILVER—COIN
468,197,048
AND BITM.IOX.
1881.—Exports—Dorn.—Gold..
$160,336
Silver..
1.205,459
$1,097,536
8,174,271
Foreign— Gold
450
Silver..
163,001
147;957
3,486.372
$1,529,246
$12,906,136
$7,169,564
$83,041,137
Total
Imports— Gold
Excess of imports over exports
Excess of exports over Imports
$1,285,608
9,463,938
696,935
4,836,564
$16,283,045
$83,979,421
805,078
8,498,559
11,247.393
$7*974,612
$6,445,396
$91,529,696
$78,623,560
$95,226314
$3,601,278
Silver.
Total
584,599,646
$159,082,291 $194,471,896
$78,943,769
$74,665
$1,586,967
Silver..
265,251
Foreign— Gold
1,092.014
577,212
6,283,187
1,315,008
4,580,848
$2,009,142
$13,766,010
$22,870,870
$892,180
1,223,252
$79,820,112
$80,319,569
$2,115,432
$89,337,192
1880.—Exports—Dom.— Gold..
Silver.
Total
•.
'
Imports—Gold
Silver
Total
Excess of exports over imports
imports
over
TOTAL
$
11,202,170
1,518,070
6,549,352
9,517,080
13,324,947
$93,644,516
$
$
exports
106,290
’75,571,182
70.773,646
MBRCHANDI8E, COIN AND BULLION.
$84,106,424 $699,839,485 $906,457,223
2,488,941
16,964,357
22,082,847
$86,595,365 $716,803,842 $928,54)1,070
1891.—Exports—Domestic
Foreign
Total
68,676,203
Imports
560,583,124
764,037,940
Excess of exports over imports $17,919,162 $156,220,718 $161,502,130
Excess of imports over exports
1880.—Exports—Domestic
Foreign
$76,778,312 $626,676,508 $782,704,199
Total
$79,359,689 $641,045,349 $901,942,412
2,581,377
Imports
Excess of exports over imports
Excess of imports over exports
19,238,214
14,368,841
73,001,993
557,534,240
$6,357,696
$83,511,109 $123,698,250
678,244,162
The following is a statement showing, by principal customs
districts, the values of merchandise imported into and exported
from the United States during the month of March, 1881:
Custotns Districts.
Imports.
Domestic
Foreign
Exports.
Exports.
$1,287,395
$7,395,182
5,681,279
250,190
7,415,937
174,305
1,377
299,553
230,989
85.244
118,784
151,290
186,809
2,582,334
65,052
Detroit. Mich
189.083
197,921
Fernandiua, Fla...
2,538
253,126
3,376,040
Baltimore, Md
Boston, <kc., Mass
Brazos, Ac., Texas
Brunswick, Ga
Buffalo Creek, N. Y
Champlain, N. Y
Charleston, S. C
Corpus Christi, Texas
Galveston, Texas
Huron, Mich
Minnesota. Minn
Mobile, Alabama
,
Niagara, N. Y
Norfolk, <fee.. Va
12,210
1,043,702
21,673
10,005,601
493
1,299,862
16
28,123
66,965
33,273
53,005
5,891
3,551.939
191,931
Savannah, Ga
Toehe, La
Vermont, Vt
Willamette, Oregon
Wilmington, N. C
All other customs districts
18,296
1,805,202
1,696
117,593
Diego, Cal
Francisco, Cal
2,383
35,270
Pearl River, Miss
San
San
7,099
31,541
106,833
34,566,421
Pensacola, Fla
231
691,214
42,106,509
312,992
6,099
Oswegatchie. N. Y
Passamaquoddy, Me.,
$878
137,828
215,440
60,595
260,172
15,147
29,251
8,258
101,196
55,989
1,100,419
Key West, Florida...
New Haven, Conn
New London, Conn
New Orleans, La
New York, N. Y
'
Richmond, Va
Below is
was as
Total
Imports
Excess of
For thtQmos
ended Mar.
31.
$76,438,396 $618,806,354 $767,900,750
912.151
8,472,985
11,170,792
$77,350,547 $627,279,339 $779,071^542
1880.—Exports—Domestic
Foreign
Philadelphia, Pa
Portland, &c., Me
[Prepared by the Bureau of Statistics.]
values,
For the
month of
March.
.
own
assertion—or selfishness—in
[VOL. XXXII.
334,8.89
4,275,518
625,430
204,555
18.119
32,691
3,377,719
69,231
101,297
567,35s
2,931,357
3,921,117
36,023
27,057
171,356
202,510
415,992
199,649
7,962
30,544
01,498
413
93,322
4,878
$6-),701,561 $82,740,629 $2,325,490
Total
HXouclaviisComntcvcial jgunlisltllcms
1 From our own correspondent. 1
-
Month ended March 31, 1881
Month ended March 31, 1880
Nine months ended March 31, 1881
Nine months ended March 31, 1880
Twelve months ended March 31, 1881
Twelve months ended March 31, 1880
$6,445,396
106,290
States, and the money market, though far from active, on
account of the limited mercantile
MERCHANDISE.
1861.— Exports—Domestic
Foreign
..
Total
Excess of exports
over
Excess of imports over
imp...
exports!
31.
For the 12
ended
March 31.
mos.
$82,740,629 $690,567,678 $895,707,677
3 3,330,O2S|
2,325.490
16,519.348
$85,066,119
Imports
mo a
ended Mar.
the United
78.943,769
70.773,646
[Corrected to April 23, 18S1.J
For the 9
demand for export to
78,623,560
75,571,182
The total values of imports and of domestic and
foreign
-exports for the month of March, 1881, and for the nine and
twelve months ended March, 1881 and 1880.
respectively, are
presented in the following tables, all in specie values:
For the
month of
March.
London, Saturday, April 16, 1881.
Gold has continued in
.$703,897,706 $912,257,025
60,701,561 469,053,428; 663,811,126
$24,364,558 $234/844,278 .$243,445,899
inquiry, has been lirm in tone,
an improving ten¬
dency. It is premature, as yet, to think of an advance in the
Bank rate, as the open market rates for money are still about
half per cent below the Bank’s published quotation ; but in
many quarters it is regarded as probable that before very long a
change wiU have to be made. The export demand for gold has
not at present assumed proportions calculated to occasion any
alarm ; but the movement at this period of the year is unusual,
and for that reason attracts more than ordinary attention. As
far as the London money market is concerned, our position is
not so satisfactory as it was.
A few weeks ago we were draw¬
ing, day by day, supplies of gold from Paris, and these made
good the deficiency caused by the American demand. During
while the rates of discount have exhibited
1
Aran*
THE
30, 1881.]
fortnight, however, Paris has been a seller of foreign
securities to an extent sufficient to correct the exchange, and
consequently the supply of gold held by the Bank of England
has been decreasing. The quantity of gold on passage to this
country is larger than for some time past, being estimated at
about £600,000. The supply held by the Bank of England,
though it has fallen off of late, amounts to £26,226,075, which
contrasts with £28,283,387 last year. The position of the Bank
is still a good one; but it seems to be possible that, instead of
improving during the spring and summer months, its course
will be a retrograde one, and that we shall re-commence our
autumn trade with a higher range in the value of money. A
period of some importance seems to be at length approaching
in the money market; but the crop prospects in Europe are so
far good, and this fact continues to promote confidence in the
future. The Bank of France is still unwilling to augment its
terms for discount accommodation ; but the first indications of
a rise in the rates for accommodation will probably present
themselvei in Paris, £nd that market is therefore somewhat
anxiously watched. The public of this country have already
committed themselves to heavy instalments in connection with
public companies and loans* The total capital of the companies
introduced this year amounts to more than £30,000,000, and
new undertakings are almost daily being introduced to public
notice. £10,000,000 a month is a heavy responsibility, and it is
said that investors are already feeling the burden of the “ calls”
which are being made upon them. There is, however, a large
amount of financial business in progress, and these are clearly
having considerable influence over the money market. .Money
is, indeed, cheap ; but a few weeks ago it promised to be
cheaper still. The downward movement which was then appar¬
ent has not only been checked, but the rates of discount are
showing increasing firmness ; and it would occasion no surprise
if the discrepancy of half per cent which exists between the
open market and the Bank rates were to disappear before long.
The trade demand for money is still very moderate, and the
quietness of mercantile business produces no expectation of any
immediate improvement. The total of “ other securities” has
fallen to £20,662,272, which is only £2,000,000 more than at this
period last year, and which is due chiefly, if not entirely, to loans
on Stock Exchange securities.
The total reserve of the Bank
is now £14,518,895, which compares with £15,967,962 in 1880,
and £19,091,514 in 1879. The proportion of reserve to liabilities
has declined to 43*64 per cent. The Clearing-House returns
are still heavy, the total for the week ended Wednesday being
£144,150,000, against £96,937,000 last year and £64,680,000 in
1879. The following are the present quotations for money :
the last
)
159
CHRONICLE.
by doing so we should commit ourselves to
are not likely to change our present system,
as many advantages have accrued to the nation from it, and
England is naturally very indisposed to alter a system which
has for a long period worked so well.
The following are the current rates of discount at the princi¬
pal foreign centres:
considers that
We
bi-metallism.
Paris
Panic
Open
rate.
Pr. ct.
market.
Pr. et.
3ia
..
Amsterdam
3
...
Brussels
Genoa
Berlin
Frankfort
3hj
..
4
St. Petersburg...
Geneva
3
4
Madrid, Cadiz &
‘Barcelona
Lisbon & Oporto.
2ia
*2ia
2ia
3ia
4
Hamburg
4
Vienna
3is
24t
Copen hagen
New York
Calcutta
Panic
Opm*
rate.
Pr. ct.
6
market.
Pr.
6
4
4ia
cL
5
5
4
5
3 ha a * 4
5®tt
6
anxiety this week regarding political1:
affairs, and the Paris Bourse has been somewhat agitated ; but
both the Tunisian and the Turco-Greek questions present now
a more favorable aspect, and hopes are entertained that before
very long the business of the country will be unencumbered by
political difficulties. Should we have a good harvest, the
prospects for next autumn will be encouraging, and there is no
reason why business generally should not make a vigorous
There has been some
movement.
The
It is much warmer, but
fall of rain which the newly-sown crops
weather is still favorable.
there has not been the
The railway traffic returns are improving,
receipts there was a small increase com¬
pared with 1880. The Easter traffic is certain to be very large,,
as a long period has elapsed since the last holidays, and the
weather is all that could be desired for recreation. The value
of British railway shares is, therefore, improving, and consols
have been as high as 100/4 to 100%. - The stock markets are, in
fact, generally better, with a prospect of further improvement.
In the corn markets business has been quiet. British farmers
have been offering very moderate supplies, but the condition of
the produce remains satisfactory. The favorable weather has
imparted rather a dull tone, but prices have not fallen to any
important extent. The quotations will, no doubt, decline,
should the crop prospects continue good.
During the week ended April 9 the sales of home-grown
produce in the 150 principal markets of England and Wales
amounted to 30,433 quarters, against 24,643 quarters last year
and 52,939 quarters in 1879 ; while it is computed that they
were in the whole kingdom 121,750 quarters, against 98,600
quarters in 1880 and 211,750 quarters iu 1879. Since harvest
the sales in the 150 principal markets have been 1,199,57.0
quarters, against 988,528 quarters last season and 1,757,711
quarters in 1878-9, the estimate for the whole kingdom being
4,798,300 quarters, against 3,990,250 quarters and 7,031,000
Par cent.
Open market rates—
Per cent.
4 mouths’ bank bills
2^^289 quarters in the two previous seasons respectively.
Bank rate
3
Without
6 months’ bank bills
2 ssWZZt
Open-market rates—
reckoning
the
furnished
at
commence¬
supplies
ex-granary
the
4 & 6 mouths’ trade bills. 3 -2)3^
30 and 60 days’ bills
23s3>2 ^
ment of the season, it is estimated that the following quan¬
3 months’bills
2*2
tities of wheat and flour have been placed on the British
The rates of interest allowed by the joint-stock banks and markets since harvest; the visible supply of wheat in tho
appear to require.
and in last week’s
1
.
discount houses for
deposits
are as
United States is also
follows:
Per cent.
2
2*4
2q
Joint-stock banks
Discount houses at call
do
with 7 or 14 days’ notice
Annexed is
a
statement showing
the present position of the
England, the Bank rate of discount, the price of con¬
sols, the average quotation for English wheat, the price of
middling upland cotton, of No. 40 mule twist, fair second
quality, and the Bankers’ Clearing House return, compared
with the three previous years.
Bank of
1881.
Other securities
Res’ve of notes & com.
Coin and bullion iu
both departments
Proportion of assets
to liabilities
Bank rate
..
Consols
Eng. wheat,
1879-80.
1877-8.
1878-9.
38,355,361 29,634,805 36,498,680
6,706,567 5,316,056 5,592,136
Imports of wheat.cwt.34,858,965
Imports of flour
8,133,392
Sales of home-grown
produce
7. ....20,792,550
17,291,000 30,467,500
24,329,000
63,784,907
62,352,923 65,463,361
66,119,816
1,236,521
1,243,841
Total
Deduct
exports
wheat and flour
or
885,948
62,898,959
Result
Av’ge price of English
wheat for season (qr.)
Visible supply of wheat
42s. 8d.
bush.21,800,000
in the U. 3
947,293
61,405,632 61,231,840 65,175,975
52s. 86.
40s. 4d.'
23,838,300 13,187,114
46s. lOd.
........
27,315,425
6.208,026
26,3 /4,331
15,739.837
20.662,272
15,947,679
18,607,495
14,518,895
15,967,962
19,091,514
9,846,189
26,226,075
28,283,387 33,516,239
22,925,444
48-55
49-41
32-93
3 p. c.
2 p. c.
3 p. c.
95 ^
51s. 5d.
6d.
43 64
3 p. c.
lOO^a
£
44s. 4 d.
Mid. Upland cotton...
483. 2d.
Od.
7d.
No. 40 Mule twist...
lOd.
Clear’g-iiouse return. 144,150,000
£ '
£
98 *8
93
price.
av.
1878.
:
the extent of the imports of
29,424,725 28,079,255 cereal
into,
exports
from, the United Kingdom
produce
and
the
6,545,999
7,241,867
31,824,554 22,359,140 during the first thirty-three weeks of the season, compared with
14,906,801 16,556,483 the corresponding period in the three previous seasons :
22,334,573 21,151,689
Circulation, excluding
£
bank post bills
26,707,180
Public deposits
7,054,746
Other deposits
25.949,339
Governm’t securities.
1879.
1880.
given
1880-1.
Is. O^d.
9G,9j7,000
Od.
O^d.
41s.
9<i.
The
following return shows
IMPORTS.
1880-81.
cwt. 34,858,965
Wheat
8,521,014
Barley
5,635,506
Oats
Peas
Beans
Indian corn.
Flour
1.445,472
1,456,036
19,088,077
8,133,392
lOd.
64,680,000 109,487,000
1879-80.
1878-79.
1877-78-
33,355.361
29,684,805
7,443,989
6,571,218
36,493,680*
10.546,479
5,508,850
1,375,482
1,659.019
15.079,787
9,165,737
6,912,510
1.118,664
2.276,643
19,295,913
971,713
770,311
19,327.939
5,316,056
5,592,133
856,311
1,145,272
1,203,312
16,451
90,346
37,620
23,264
6,706,567
EXPORTS. ’
Wheat
...
cwt.
803,183
13,191
Barley
presented a somewat firmer appear¬ Oats/.
68.030
59,<'23
466,771
;
12,122
84.723
02,524
ance, and the quotations have slightly improved.
There has Peas
7,025
26,404
26,195
also been an advance in the Indian exchanges. The Monetary Beans
290,814
565,463
185,612
Indiau com.
91,249
90,935
82,765
Convention to be held in Parishas been postponed, as the Govern¬ Flour
ment cf this country is being strongly urged to send a represent¬
EiurliftU Market Reports—Per Cable.
ative to it; the silver question being one of great importance
Thei daily closing quotations for securities, &e„ at
to our trade with all silver-using countries. The Government and for breadstuffs and provisions at Liverpool, are
has not shown much willingness to join the conference, as it by cable as follows for the week ending April 29:
The silver market has
,
15,862
15,836
146,815
40,529
London,
reported
460
THE CHRONICLE.
London.
Sat.
Silver, per oz
d. 52i8
Consols for money
10l5l6
Consols for account
1013s
Fr*ch rentes (in Paris) fr. 89-00
U. 8. 5s of 1881....
104Lj
U. S. 4^sof 1891
LI G\
U. S. 4s of 1907
1181-2
Erie, common stock
47 78
Illinois Central
141
Pennsylvania
Philadelphia & Reading.
71^2
9014
148 3*
New York Central
Liverpool.
52 38
521s
52
101 Lj
10112
83-3712 83-47
10112
116 3i
118 Lj
471-2
1041s
11634
1184
47*8
13934
141
71 s8
7158
294
29 4
14734
1484
Mon.
Tues.
s.
d.
s.
9
7
7
9
4
12
9
9
9
9
9
4
5
O
6
O
9
O
66
43
75
57
69
12
9
9
9
9
5
66
49
75
57
70
9
9
Corn, mix.,W.new
“
5
Pork, West. mess. .$ bbl 66
Bacon, long clear, ewt.. 19
Beef, pr. mess, new, $ to. 75
Bard, prime West. $ ewt. 57
Cheese. Am. choice “
69
“
Cal. white
Wed.
d.
Flour (ex. State). 100 lb. 12
9
“
9
“
Wheat, No. 1, wh.
Spring, No. 2...
Winter, West.,n.
Tncs.
10l7lfl 19146
Sat.
s.
Mon.
“
7
7
9
4
4
0
6
O
6
O
d.
9
6
7
8
T/ntrs.
10146
ioi4«
1011*2
83-4712
1044
11634
1184
471s
101
83*55
1391*2
711*2
29
1474
Wed.
d.
9
6
$.
12
9
9
9
4
9
31-2 5
0
66
6
43
O
75
0
57
O
70
52
101 n16
101%
1044
1 16 34
83.55
104 4
LI 7 4
L181*2
1184
4734
1401*2
72
714
27iv
149
Thurs
s.
$12,000 per mile, bearing 7 per
interest, payable semi-annually in New York,
the bonds
maturing in July, 1909. As will Ibeseen by the statement
the
road has shown large
earning capacity, and after payment of
interest, &c., presents a handsome surplus.
Fri.
d.
9
6
7
8
1
s.
O
66
43
75
57
70
12
9
9
9
9
34 5
6
O
9
O
•
48
2938
I483t
12
9
9
7
8
9
4
9
31*2 5
0
66
0
43
0
75
3
57
O
70
Gulf Colorado & Santa Fe.—The
attention of investors and
others is invited to the financial
statement,
on another page of
the Gulf Colorado & Santa Fe
Railroad of the State of Texas
the bonds of same
having been lately placed on the List of the
New York Stock
Exchange. This road commences at Galveston
on the Gulf Coast, and runs in
a
northwesterly direction to¬
ward Santa Fe, New Mexico,
traversing
the valleys of the
Brazos and Colorado rivers, one of the most
fertile sections of
this rich State. The G. C. & S. F. RR.
was projected and
by the bankers and merchants of Galveston, Texas. It has built
only
$6,000 stock per mile, all of which has been
paid in full, and has
a first
mortgage gold bond of
Fri.
52
cent
d.
9
5
7
7
,
—Messrs. Geo. Wm. Ballou & Co. offer in New*
York $1,500,cent first mortgage bonds of the Mutual Union
Telegraph Company. The company has constructed a line of
3
3
000 cf the 0 per
0
6
six wires from Boston to
Washington,
to extend its wires to all the
O
O
following-named national
—Messrs.
Kuhn, Loeb & Co. now offer one of the most promi¬
nent loans of the current
year, namely, the $20,000,000 4%
per
cent gold loan of the
Pennsylvania Company. Only $10,000,000 are now offered, and each bond lias
and
endorsed thereon the
absolute guaranty of the
Pennsylvania Railroad Company for
principal and interest. The bonds are secured by the leases of
the Pittsburg Fort Wayne &
Chicago and tlie Cleveland &
Pittsburg railroads, and also by the company’s real estate in
the cities of Pittsburg,
Allegheny and Chicago, and by stocks
and bonds
*
1878.
Dry Goods
1879.
1880.
—In
of the
$1,148,496
5,183,353
$1,785,385
5,687,716
$2,302,169
$1,845,660
8,606,373
6,694,751
Total
Since Jan. 1.
$G,331,849
$7,473,101
$10,908,842
$8,540,411
$30,934,558
$33,253,745
$47,628,003
$39,944,201
117,525,963
30,181,150
Dry Goods
G011T mer’diee..
60,060,105
Total
In
69,584,706
$96,994,963 $102,838,451 $165,154,026 $130,125,351
our
report of the dry goods trade will be found
of dry goods for
one
week later.
the imports
.•The following is a statement of the
exports (exclusive of
specie) from the port of New York to foreign ports for the
week ending April 26, and from January
1 to date:
e
For the week...
Prev. reported..
1879.
$5,945,499
.
—The stockholders of the Rochester &
1830.
$6,956,903
96,480,289
107,557,156
official circular, Messrs. Fisk and
Hatch, the bankers
tended Southern connections of Messrs. Graham & Co. will un¬
doubtedly command at once for the new firm a very flourishing
business.
•
EXPORTS FROM NEW YORK FOR THE WEEK.
1878.
an
Chesapeake & Ohio Road, announce an advance in the
purchase money funding bonds to 112, and the series”A bonds
to 105 and accrued interest.
In connection with this,
they state
that tlie Elizabethtown & Paducah and the
Paducah Memphis
& Northern roads have been
purchased in the interest of the
Chesapeake & Ohio system, which, in connection with other
roads, and with lines now building, will, on the completion of
those lines, place the system in direct communication
with
Chicago, St. Louis, Cincinnati, Louisville, Memphis, and other
important railway centres.
—As will be seen from'our
advertising columns, the wellknown firm of R. M. Waters & Co. dissolve
partnership on the
1st of May.
The business of the firm is, however, to be con¬
tinued at 54 Broad Street by their
successors, Messrs. John C.
Graham & Co., of Selma, Alabama. The
large means and ex¬
1881.
Gen’l mer’dise..
amounting to $24,000,000 (par value), held by the
The price is 100/2 and accrued interest.
company.
FOREIGN IMPORTS AT NEW YORK.
For Week.
proposes
.
Exports for the Week.—The
imports of last
week, compared with those of the preceding week, show
a decrease in dry
goods and an increase in general merchandise.
The total imports were $3,540,411,
against $0,655,231 the pre¬
ceding week and $5,919,287 two weeks previous. The exports
for the. week ended April 26 amounted to
$6,532,692, against
$6,520,451 last week and $7,163,237 two weeks previous. The
following are the imports at New York for the week ending
(for dry goods) April 21 and for the week ending (for general
merchandise) April 22: also totals since January 1;
'
now
balance is to be taken in
Boston and the West. A bonus of $10,000 stock is
given with each
$10,000 bonds. The enormous profits of the Western
Unionwill induce capitalists to look
favorably cn these securities.
2,521—The State National Bank of El Paso, Texas. Authorized
capital,
$55,000; paid-in capital, $55,000.
Charles 11. Moreliead,
President; William II. Austin, Cashier.
Imports
D. C., and
principal cities from New York and
Boston—via Albany and Buffalo—to
Chicago, St. Paul, Cincinnati,
St. Louis, &c. Of the total issue of
$5,000,000 of bonds, only
$1,500,000 is offered here, and the
9
©anxnxcvcial aixtlKliscclUxuecnxs llcxus.
National Banks Organized.—Tlie
bank was organized this week :
[vol. xxxn.
Pittsburg Railroad
Company will take notice of the proposal of the board of
directors, in our -advertising columns, to increase the capital
3 8S1.
$8,196,954
106,094,123
$6,532,692
121,315,368
stock from three millions to four millions of
dollars, to be voted
May 18, 1881, in this city. If this proposition is adopted,
$127,848,060 the option to take a
proportionate share of the stock will expire
The following table shows the exports and
imports of specie May 25,18S1.
at the port of New York for the week
ending April 23 and since
January 1, 1881:
BANKING AND FINANCIAL.
on on
Total sV.e Jan. 1 $113,502,955 $103,437,192 $114,291,077
EXPORTS AND IMPORTS OF SPECIE AT NEW YORK.
Exports.
Gold.
Week.
Great Britain
France
Since Jan. 1
$
Total 1881
Total 1880
Total 1879
21,200
$24,200
Silver.
Great Britain
France
Since Jan. 1
35,700
6,085
1,548,596
227,797
$100,000
$3,517,475
12,279
1,208,578
17,040
517,723
.
$36,653
10,204
15,330
29,451
2 4,337
4 400
18,446
1,700
60,389
255,018
630,764
51,843
1,750
$3,700,969
1,663,278
$50,831
6.375.104
68,460
v
22,850
107,657
West Indies
Mexico
South America
All other countries
$100,000
11.580
1879
217.791
133,423
the
same
good buyers.
No. 5 Nassau St.,
?
York, April 21, 1881.)
BONDS.
special attention to tlie forwarding of “ Sixes of 1831” to
Treasury Department “ for continuance”
And also to the conversion of
for account of holders.
time, $24,200
were
American gold coin.
ready
Coupon Government Bonds of all issues
into Registered Bonds, which is tlie only form in which investors can
render their bonds
perfectly safe from theft, tire
Wo attend to either of the above for
can
a
or
loss.
commission of
one-eighth of
per cent.
Holders of “Sixes of 1881 ” not
2,941,555
—Attention is called to the list of May
investments offered
by Mr. Charles T. Wing in our advertising columns to-day. Mr.
Wing is among the most enterprising dealers in Wall Street,
and what he offers to the
public usually meets with a
Wo give
$1,086,417
1,796,958
Of the above imports for the week in 1881,
$2,774 were
American gold coin and $45,081 American silver coin. Of the
sale to
GDYER\MENT
one
Total 1981
Total 1880
exports for the
New
HATCH,
$161,670 $2,713,200 $26,287,958
Germany
Total
Week.
$1,200 $1,512,463 $19,316,775
872,360
2.613,220
319,707
3,754,065
2,000
4,310
201,765
136,586
135.810
3,894
165,471
476
19,600
100,076
German}’West Indies ..f
Mexico
South Ameriea
All other countries
OFFICE OF FISK &
Imports.
exchange them at
our
desiring to “ continue ” their bonds,
office for “ Fours ”
or
“ Four and
a
Haifa
market rates.
We
“
arc
also
prepared to furnish the
new
continued bonds ” at market rates to
investment in them.
Three and
a
Half Per Cent
parties desiring to make direct
FISK & HATCH.
*
THE
30, 1881.]
April
461
CHRONICLE.
Dee. 31,1880.
Liabilities.
glue hauliers' (ijaxcttc.
^
DI VIDENDS:
Tka following
Name
announced:
dividends kave^recently been
Per
cent.
of Company.
When
BoohClosed.
Payable.
(Days inclusive.)
Railroad*.
Concord
Virginia <fc Ga
East M enn.
Manchester <fc Lawrence
N. Y. Prov. & B. (Ston’gt’n), quar.
Ranks.
American Exchange
National City
Nat. Mechanics’ Banking Ass’n...
Union National
May
May
3%
May
May
.
10
3
5
FRIDAY.
The
May
May
2
5
3
5
2
Atchison Top. <fe Santa Fo (quar.).
Mav
May
5 to May 17
16 May
2 April 21 to
2 April 23 to
2 to May 10
10 May
2 Apiil 23 to April 30
2
2 April 23 to April 30
2 April 27 to April 30
529,
APRIL
1SS1-5
P. M.
Money Market and Financial Situation.—Financial
last report, and few weeks of the
current year have developed less that was radically new than the
week just passed. The Banks of England and France are show¬
ing an increase in specie, and it is generally conceded that the
present outlook indicates a probable "cessation in the shipments
of specie to this country for the next month or two. The Bank
of England has reduced its discount rate to 2)6 per cent.
The plan of Secretary Windom is working quietly, and one of
the most prominent Government bond dealers thinks that 85 per
cent of the sixes of 1881 will be presented to be stamped at 3)6
per cent; this, however, is only an opinion, and we shall wait for
official information from the I’reasury in May before coming to
definite conclusions as to the amount of bonds to be presented.
The money market is working very easily, and on Govern¬
ment bond collaterals an abundance is offered at 3 per cent. On
stocks there was a little more activity in the demand to-day,
but rates dfiring the week have been 4@5 per cent for the bulk
of transactions. Prime commercial paper is quoted at 4)6@5
per cent.
The Bank of England statement on Thursday showed a gain for
the week of £120,000 in'specie, and the percentage of reserve
the
was 49 5-16 per cent, against 48/6 per cent last week
discount rate was reduced from 3 per cent to 2)6 per cent. The
Bank of France gained 3,950,000 francs gold and 7,300,000 francs
affairs have been quiet since our
silver in the week.
last statement of the New York
City Clearing-House
banks, issued April 23, showed an increase in the surplus above
legal reserve of $4,013,175, the total surplus being $S,059,150,
against $4,045,175 the previous week.
The following table shows the changes from the previous week
and a comparison with the two preceding years :
The
1881.
-
April 23.
Loans and dis.
Differences fr’m
previous
week.
1879.
April 26.
April 24.
Dec. $665,800 $278,886,200 $231,096,900
18,228,100
48,983,600
66.804.200 Inc. 3,984,900
20,612,800
19.707.600
337,200
17.217.400 Inc.
292,653,000 Inc. 3,831,000 248,896,700 204,514,200
45,224,500
989,600
15,432,100
14.418.200 Inc.
$305,717,600
Specie
Circulation...
Net deposits.
Legal tenders.
Legal reserve.
Reserve held.
$73,163,250
81.222.400
Inc.
Inc.
$957,975
4,974,500
Deposits of U. S. disbursing officers
Duo to other national banks
Due to State banks and bankers
Notes and bills rediscounted
Bills payable
$62,224,175
64,415,700
$51,128,550
63.452.600
192,394,516
71,099,880
3,331,411
181,677,285
71,579,477
2,016,203
4,032,176
4,581,231
$2,238,398,646 $2,140,110,944
Total
United States Bonds.—There has been the same active busi¬
this week in changing off one class of bonds for another,
and the dealers have been crowded with orders ever since the
ness
Secretary’s
plan of operations was issued. The 4 and 4)6 per
still further in price, and the new 3)6 per cents,
popularly called “ Windoms,v are selling at about 101, and draw
cents have
risen
interest till July 1.
The following is the
no
text of the circular of the TreasuryDepartment relative to the modification of circular No. 42 in
reference to the extension of 6 per cent bonds at 3)6 per cent
per annum:
?
1881, as requires the
iu case they are to he
modified that foreign holders of any of the 6 per
much of circular No. 42% dated April 11,
bonds to be sent to the Secretary of the Treasury,
So
continued, is hereby so
centum bonds described therein may have them continued as therein
provided, upon the receipt of the bunas at the Government agency estab¬
lished for that purpose at the banking house of Messrs. Morton, Rose <fe
E. C., England, and the time during
at that agency for such continuance is
hereby extended to May 20, 1831. In case the bonds are presented at
the London agency the forms of request for their continuance must be
executed in duplicate.
William Wini>om, Secretary. .
The closing nrices at the New York Board have been as follow?:
Co.. Bartholomew Lane, London,
which the bonds may be received
Interest A pril
23.
Periods.
reg. J.
6s,
6s,
5s,
5s,
1881..
1881..
1881..
1881..
4%s, 1891
4%s, 1891
Is, 1907..
48, 1907..
J.
reg.
coup.
reg.
coup.
April
April April April April
& J. *103% *103% 103%
& J. *103% *103% *10334
Q.-Feb. 102% 102% *10234
Q.-Mar. *113% *113% *11334
Q.-Mar. *113% *113% *113%
115
*115
J. *131
J. *131%
J. *132
J. *133
J. 136
Q.-Jan.
Q.-Jan.
&
&
&
&
&
115%
115%
*131
*131
*131
*131
*131
27.
26.
Q.-Feb. *101% *101%i *101%
6s, cur’cy. 1895..reg. J.
6s, cur’cy, 1896..reg. J.
115%
115%
*131
"131
*131
*132
*133
The
range
28.
29.
103% *103% *103%
103% *103% *103%
101% *101% *101%
102% *102% *102%
*114%
*113% *114
*113% *114
*114%
115% *115% 116
115% 115% 116%
*131
*131
*131
*132
*132
6s, cur’cy, 1897..reg. J.
6s, cur’cy, 1898..reg. J.
6s, cur’cy, 1899..reg. J.
*
This is the price bid at the morning board; no sale was
-
1880.
Jlfrrr. 11,1881.
933,392.486
1,005.138.071
7,724,638 ’
7,381,149
3,172,473
3,839,324
Individual deposits
United States deposits
*131
*131
*131
*132
*132
*131
*131
*131
*132
*132
made.
in prices since Jan. 1, 18S1, and the amount of
April 1, 1831, were as follows:
each class of bonds outstanding
Range since Jan. 1,1891.
Lowest.
6s, 1881
cp.
cp.
5s, 1881
4%s, 1891..cp.
4s, 1907
cp.
Gs.cur’ncy.reg.
101%
100%
111%
112%
127%
Highest.
Jan.
3 103%
Feb. 24 102%
Mar. 10 113
Jan.
3 116%
Feb. 28 136
Amount
April 1, 1881.
Registered.
Apr. 27 $151,181,100
Apr. 16 326,356,000
Feb. 19
177,822,400
Apr. 29 536,957,700
64,623,512
Apr. 23
Coupon.
$41,509,300
137,234,850
72,177,600
201,614,150
State and Railroad Bonds.—There has been little activity in
Southern State bonds, though the feeling is generally strong.
The State Treasurer and Comptroller of Tennessee have been in
this city to
that State,
make arrangements for the new engraved bonds of
and the latest advices from Nashville indicate that the
proposed injunction suit against carrying out the funding law
has fallen through.
The following is an abstract of reports made to the Comp¬
Railroad bonds have been strong and active on a widely-dis¬
troller of the Currency, showing the condition of the national tributed business.
banks of the United States, including national gold banks, at
Messrs. A. H. Muller & Son sold the following at auction:
the close of business on March 11, 1881, and Dec. 31, 1880 :
Shares.
Shares.
$3,059,150
Surplus
Inc
.$4,016,525
$2,191,525
$12,324,050
Dec. 31, 1880." Mar. 11, 1881.
Resources.
Loans and discounts
$1,005,749,056 $1,069,660,001
4,126,748
4,103,480
Overdrafts
339,861,950
United States bonds to secure circulation
357,592,550
United States bonds to secure deposits..
14,239,300
14,851,500
United States bonds on hand
46,580,650
24,998,900
Other stocks, bonds and mortgages
48,445,047
49.625,654
120,849,907
Due from approved reserve agents
126,058,478
Duo from other national banks
62,267,993
09,001,351
Duo from State banks and bankers
17,030,568
17,034,578
Real estate, furniture and fixtures
47,440,790
47,774,229
7,810,930
4.427.200
Current expenses and taxes paid
'
•
Cheeks and other cash items
Exchanges for Clearing House
Liabilities.
7.557.200
36,053,000
47,545,021
State hank notes
.
52,156,439
55,869,543
25 Pitts. Ciun. & St. L. RR.. 21
126
100 Ind. Bloom. & West. RR. 11
174 Lack. Coal & Iron Co
140
13 Manhat. Gaslight Co
176%
...
25 Amer. Ex. Nat. Bank
5 Twenty-third St. RR
152
50 Metrop. GTiglit Co. 137@ 137*2
25 Manhat. Gaslight Co
177
8 Keokuk & Des Moines
RR. prof
44%
13 Keokuk & Des Moines
RR.com
14*2
50 Brooklyn CityRR
165
6 Union Ferry Co
156
5 Sterling Fire Ins
75
9,500 Caribou Cons. Mining
Co., offered in lots of 100.
with the privilege of 1,000
shares, but no bid will be
received at less than $2
per sli.; per sli
2 02%®2 75
,
39 72 St. Paul & Duluth RR.
Rll. pref. stock
Bonds.
75
$20,000 Iron Cliffs Co. 3d and
consol, mort.
10 per cent
bonds, due Sept. 10,1884.108
Gaslight Co. of
Brooklyn reg. certificates. 95
2,100 Keokuk & Des Moines
RR. 1st mort. 5s,due 1923.101%
700 Nassau
Railroad and Miscellaneous Stocks.—The stock market has
been rather irregular on a fair volume of
do not move uniformly, some being strong
transactions. Stoeks
while others are rela¬
-
tively weak.
where each stock
54,072,225
320,838,395
3,754,989
t3l)3,026,980
4,436,-178
317,083,406
256,754
6,184,983
298,590.802
247,788
1,407,089
‘This statement is exclusive of one hank each in Oregon, Montana and
Washington Territories, from which reports had not been received.
t The amount of circulation outstanding at the date named, as shown
by fye books of this office, was $343,767,519, which amount Includes
tiio notes of insolvent banks, of those in voluntary liquidation, and of
Umse which have deposited legal tender notes under the act of June 20,
18/4, for the purpose of retiring their circulation.
415ft>412%
It appears as if the market was getting to a point
was to be governed more by its own merits—
6,110,000 whether for
0,150,000
purposes or for investment—than by the
speculative
14,991,211
15,868,890
2,034,058 general drift of operations in one direction or the other. If this
1,233,003
is the case, the situation wTill be to some extent healthier, as it is
$2,233,398,640 $2,140,110,944 much more rational that stocks should be judged on their
respective merits than that the prices should be governed by a
$453,090,085 $158,254,935
121,744,629
122,470,996 general hurrah, either on t he bull or bear side.
National bank notes issued
Amount on hand
Amount outstanding
outstanding
Dividends unpaid.
59,160,934
389.921
Gold coin..
Gold certificates
Gold clearing-house certificates
Silver coin
Silver certificates
Legal tender notes
United States certificates of deposit for
legal-tender notes
Five per cent redemption fund
Duo from United States Treasurer
Capital stock paidin
Suiplus fund
Other undivided profits
1.454.200
1,004,900
21,506,853
Bills of other national banks.
Fractional currency
Total
5,937,525
3,530,516
10.144,682
147,761.543
17,733,032
386,569
53,916,465
5,523,400
33,461,000
6,250,370
3,80,837
14,711,456
229,733,904
Premiums paid
50 U. S. Trust Co
300 Oriental Bank....1
The elevated stocks in New York have been among the weak¬
est, and the public are inclined to think that some of the man¬
have been quite willing to see a decline in these stocks. It
whether such a valuable franchise as the power
transit in New York, now possessed by the Man¬
hattan Company, will be permitted to lapse, although it may be
true that there is a large deficit in the company’s income for the
past year. If the recent exhibit of earnings is correct, we should
look to see the fares again raised to 10 cents immediately on the
adjournment of the Legislature.
The grand combination of the Gould roads in the Southwest is
agers
is very doubtful
to control rapid
462
HTHE CHRONICLE.
[VOL. XXXII.
Railroad Earnings.—The latest railroad
progressing, but the precise terms of the several arrangements
earnings and the
are not yet known.
totals from Jan. 1 to latest dates are given below. The
state¬
The bonds (carrying a stock bonus) of the Mutual Union ment includes the gross
earnings of all railroads from which
Telegraph Company are offered now by a banking firm in this returns can be obtained. The columns under the
heading
city, and the question of serious opposition to the Western Union “Jan. 1 to latest date” furnish the gross earnings from Jan. 1
is already brought before the public. The plan of opposition is to, and including, the
period mentioned in the second column:
the old one of building to large cities only, avoiding the numer¬
—Latest
earnings reported—v r-Jan. 1 to latest date
ous offices in small places that do not
pay.
Week
Week or Mo.
1881.
1881
1880.
1881.
The negotiations for a sale of the Panama Railroad stock to
the de Lessens Canal Company have not yet terminated, but it
reported that $240
per share was offered.
Transfers of the stock of the Philadelphia & Reading railroad
are made at the Farmers’ Loan & Trust
Company, as usual, and
was
not
interrupted; but certificates of stock are not issued pend¬
ing the decision of the courts as to the election of officers.
The daily highest and lowest, prices have been as follows:
are
Saturday*
April 23.
Monday,
58
02
01* 63*
75*
77%
74% 75%
96% 99%
Am.Dist. Tel.
Amer.Un.Tel.
Canada South.
nt. Pacific..
ant.of
N. J..
80*
87*
Ches.&Ohio.. *4% 24*
42
Do 1st prf. 42
Do 2d prf.. 30* 81
135
Chic. & Alton. 135
Chlc.Bur.A. Q. 104
164*
Chlc.M.&St.P. 111* 113
Do
pref. 122*. 122*
Chic.&N. W.. 121* 122*
Do
pref.
C.R.I.AP.new
Cb.St.L.AN.O.
Ch.St.P.M.&O
Do
pref.
Clev. C. C. <t I.
Col.Chic.Al.C.
Del.&H.Cuna!
Del.Lack.AW.
DenverA R.G.
Han.A St. Jo..
Do
pref.
Hous.ATex.C.
Illinois Cent..
Int.A (It.Nor..
Lake ErieAW.
Lake Shore....
Loui8v.ANH.sh
Manhattan....
Mar.AC.lst pf.
Do
2d prf.
Met. Elevated
Mich.Central.
MobileA Ohio.
Mo.Kans. AT.
135*
70
136'
76
42* 43*
.97* 99*
88
25
88*
26
108* 109*
117* 11W*
105* 100*
58
58*
103* 104*
08
09*
130
'['uesday,
April 26.
April 25.
80
86
25
*24*
41% 41%
30
135
104
30
135
104
~63*
Wedrusd.
April 27.
64%
00
08
73% 75*
97* 9r~
80* *
25
*40
*29
!04
74
97
80
25
25
41% 41
*29
30*
•134
16i*
110% 111% 111*111%
122% 122% •122% 23*
120$ 122 120% 121%
*133 130* *132 led
130
130
135* 130
*74* 76* 75* 76
42
42* 41* 41%
97
98% 97* 98
87
87* 87* 87*
24% 25* 24* 25*
108% 109% 108 108%
110% 118* 117* 113%
105% 105%
104% 100
53
58% 58 * 58*
103* 104% 103* 103%
70
74
09* 7o
134% 135
135% 130
90* 91*
Union Pacific.
Wab.St.L.A P.
Do
pref.
West.Un.Tel.t
*
These
98%
86%
25
41*
30*
136
123
120% 122*
*133
130
135* 135*
75* 75 %
41% 42%
90* 97
87
87*
24* 24%
108
57* 59
80
75*
74%
97* 98%
80* S0*
25
25*
97%
86%
20*
42*
73%
95*
80%
25*
*40
41* 41*
30* 30% 31*
*134* 130 134%
104
101* 104
112% 112% 111%
124
125
124*
122
122* 121%
*133
136
♦75
41
....
130
70
41
♦132
135
*75*
41%
97% 97% 90*
87
87
30%
24
24% 25
109% 109
117% 118* 117*
105
105 W 105*
*58
58* 58*
102% 103* 103*
73
74* 72*
32
135
104*
112*
124%
122*
130
135
70
41%
98
80%
24%
107% 108%
118* 110% 117%
109
105% 10a* 100
58*
58% 58
104* 104% 104%
70
73% 70
136
135* 135% 130
130%
9*
94
100
9*
90
108
9
91
104*
23
45%
95
85* 89* 86
107* 105% 107
105*
28% 28
28* 27*
40% 44* 40
44%
122*
85
84" 84* 84
U3% 142% 143* 142*
114* 108 111* 109
46* 45% 40% 45*
80
80* 86*
34
33* 33% 33*
42
42% 42
m
72
72
72% 71%
30* 29* 29* 29%
42% 43
43% 42%
104* 105
104*
52
50% 5L* 50%
82
N.Y.C.AH.K. 143
144
142%
N.Y. Elevated 113
110
112*
N.Y.L.E. A W. 45% 40%
Do
pref. 80* 87
N.Y.Ont. A W. 33* 34%
45
Northern Pac. 43
Do
pref. 72* 73* 71
Ohio Central.. 29% 31
29%
Ohio A Miss... 42* 43* 42%
Do
pref.
Pacific Mall... 5i“ 63% 50%
Panama
240
240
240
Phil. A Read’s 57% 59% 50* 57* 50% 57
56
Bt.L.A.AT.Il! 48 v.43% 48* 58% 52
57* 55*
Do
120
129
pref.
127* 128
127%
0t.L.I.M. A So. 05” 05* 03% 04% 03* 04% 03*
Do 1st prf.
Tex.A Pacific.
75
63
135
130*
9)
51
51
52” 62
51* 51
51
51
51
51
123* 126* 122* 124
122% 124
122% 124 124% 125% 124 125*
97
90* 99*
99% 97* 98% 97
9d* 98% 99% 99* 10O
*5% 27* 24
26% 21* 23* 21* 24% 22* 24
22* 23*
47
17* 17** 10% 17
17*
17%
18* 18% 19* 19% 21
89*
27% 29
40* 47*
Mor.A Essex.. 122% 122*
Nash.Ch.AStL 82* 86
BLL.AS.Pran.
Do
pref.
60
80
75
164* 10-1*
111
112%
123
Thursday, i Friday,
April 28.
April 29.
43*
04*
9%
10
12
12
14
91
87
88
87* 90
107* 100% 108* 103% 107%
28
28% 30* 29* 30%
45% 45* 45% 44% 45%
*122 124* 123
124
123%
85
84
84% 84
84%
143% 143% 144% 143% 144%
112
100
100
no*
107*
46
40% 47
46* 46%
87%
33%
34% 34” 34%
42* 43
43% 42* 42%
72
72
72
72* 72
29* 28% 29* 29
29*
43
43* 43* 43% 43%
104*
106* 106*
51% 51* 52* 51% 52%
247* 252 258 25 a 2o2
57* 52
53
50% 51
57* 54* 56
55* 55:
128
128* 128% •127 129
05% 65* 05% 04% 03*
45
45*
45
00
08
60* 00* 63
43% 4.4% 44% 44% 45% 45*
05
65* 65* 65* 65* 05*
97
97
97
97* 97
60* 62% 01* 03% 6i* 03"
92* 00%
110% 118* 115% 117* 116
117
117
110%
46% 47% 40* 47% 46% 47*
46% 47
89% 90* $89* 92 x88
89% 87
88% 88
116*117 i 115% 110% 114* IIP* 115% 110% 116%
8*
‘38
98
98
02” 60* 62*
117% U6* 117
47% 47
47%
88* 87* 88
117% 116* U6*
the prices bid and asked: no sale was made at the Board.
t Sales were also made ex-privile^e as follows: Saturday, SOVta^l;
are
day, 80<aSl { Tuesday, ?8®80%; Wednesday, 79^81%;
Friday. 81®81%.
$ Sales were also made ex-div. at 89*(§>S9%.
Thursday.
Mon¬
81*^82*;
Total sales of
and the range
to date,
leading stocks for the week ending Thursday,
in prices for the year 1880 and from Jan. 1, 1881,
were as
Week,
Canada Southern....
Central of N. J
Chicago & Alton
do
pref.
Chic. & Nortliw
Range since Jan. 1 1881.
Lowest.
30.425
93,353
82* Jan.
66
132
1,705
Feb. 26
40 !q Mar. 25
91
Feb. 25
19% Jan.
4
..
1,820
Feb. 25
129
....
...
Apr. 19
61
750
90
51,379 105 *
23.830
39
43,090
77
40 «on
80*
Jan.
Jan.
Jan.
Feb.
Jan.
Jan.
1880.
Low.
High.
Jan. 1* 40
Feb. 17 43
156
Jan.
5
99*
7 113
182* Jail.
124* Jan. 20 66*
132
Jan. 17
99
136
Jan. 19
87*
147* Jan. 17 104
142
Jan. 20 100*
51
Jan. 22
109* Jan. 24
3
2778 Jan.
9*
7 60
115* Mar.
131
Mar.
9
68*
60* Feb. 24 22 *
110
Jan. 10 63*
2 99*
138* Apl.
81*
90*
159*
183*
114%
124*
90
4 112
1311s Fel). 26
5.424
13,435
Col. Chic.& Ind.Cent.
29,510
Del. <fc Hudson Canal
9,715
8958
Del. Lack. & Western 109,650 107
Hannibal «& St. Jo...
6,200
44%
Do
do pref.
11.910
94
Illinois Central
3,010 124
Lake Erie A Western
1,500
38*
Lake Shore
237,300 118
Louisville <fe Nashv.. 153,254
79
Manhattan
113,015 21*
84,750 103*
Michigan Central....
Missouri Kan. <fc Tex.
63,494
393s
N.Y. Cent.A Hud.Riy
22,080 140
N.Y.Lake E. <fc West.
64,250
43%
Do
do pref.
1,300
82ie
3 5,640
Northern Pacific
32%
Do
12,127
pref.
64ie
Obk) <fe Mississippi
12.910
36*
Pacific Mail
80.010
45%
Phila. & Reading
50
32,550
'St.L.Iron Mt.&South.
51.425
52ie
8t. L.& San Francisco
1,925
39
Do
pref.
Do
1st pref.
Onion Pacific
Wab, St. L. & Pacific
Do
do pref.
TTrdnn TV]
Feb. 25
4
4
4
26
4
4
59* Feb.
Jan.
Apr.
Feb.
Jan.
Feb.
Feb. 25 135*
Feb. 25 100
Apr. 26 46*
Apr. 19 126*
Feb. 25 50*
Feb. 25 155
Feb. 25 527e
Feb. 25 95
Jan. 13 51
Jan. 25 77*
Jan.
4
46*
Jan.
Range for
year
Highest.
2,065 160
Feb. 26
84,600 101* Feb. 25
2,687 117
Feb. 25
30,225 117
Do
do pref.
Chic. Rock I. & Pac...
Chic. St. P. M. & O..
Do
pref.
3dwkApr.
Chic. & East. III.. 2d wk Apr.
Chic.&G.Trk.Wk. end. Apr. 16
Chic. Mil. & St. P 3d wk Apr.
156,955
141,856
31,610
19,588
33,502
21,173
264,000
194,452
&
.March
Chic.
Northvr.
1,162,362 1,361,725
Cliic.St.P.Min&O 3d wk Apr.
30,210
45,246
8t.Paul& S.Oity 3d wk Apr.
23,602
29,525
$182,287
164,917
40,255
569,425
122,667
4,645,907
575,410
1,902.171
431,721
392,237
.
Chic.& W. Mich.. 3 wks Mar.
Cin.Ind.8t. L.&C. March
Cm. Sand. &Clev. 3d wk Jan.
Cin. & Bpriugf. .. 3d wk Apr.
Clev. Col. Cin. &I. 3d wk Apr.
Clev. Mt.V.&Del. 2d wk Apr.
Denver & Rio Or 3d wk Apr.
Des M. & Ft. Dodire. 2d wkApr.
Det. Lang. & No.. March
49,900
46,505
185,004
198,220
11,215
10,741
16,752
17.679
71.347
8,556
68,978
104,104
8,926
36,800
6,478
107,267
4,670
106,431
3,468,000
3,366,234
552.384
290,696
184,818
517,451
36.398
279.367
1,129,757
113,835
1,328.103
82,505
265,226
18,351
24.064
243,567
Dubuque&S.City. 2d wk Apr.
Eastern
February.. 192,165
390,748
175,345
East Tenn.V.&G. 3d wk Apr.
23,516
19,797
418,123
Flint & Pere Mar. 3d wk Apr.
39,749
30,698
532,672
Gal.Har. fc San A. 1st wk Apr
19.437
17,517
G raiui Trunk. Wk end.Apr.23 216,614
182,546 3.257,804
Gr’t Western .Wk end. Apr. 15 114,150
90,6(50 1,501,672
Hannibal*kSt. Jo. 3d wk Apr.
44,263
48,051
591,097
Houst. <fe Texas C. 3d wk Apr.
64,616
63,205 1,212,424
IllinoisCen. (III.). March
460.074 1,336,205
437,171
Do
99.224
152.934
(Iowa). March
293,513
Indiana Bl. «fc W.. 1st wk Apr
22,489
26.647
Ind. Dec. & Sp... March
105.65 L
31,770
30,412
ln!.<fc Gt. North.. 3d wk Apr.
26,375
41,078
743,018
Iowa Central
January...
66,169
66,169
K.C. Ft. S.&Gulf. March
116,269
89.819
326,994
2d
wk
Lake Erie& West.
22.187
18,879
331,044
Apr.
Little Ilk. & Ft. S. January...
55.800
55.800
49,«00
Louisv. & Nashv. 3d wk Apr. 195,500
132,500 3,147,150
17,272
15,738
402,418
Meinp. & Chari... 3d wkApr.
4,091
3,383
66,621
Menip. Pad. <fc No. 2d wk Apr.
Mil.L. Sh.tfeWest. 3d wk Apr.
10,094
6,354
Mim-.<fe St. Louis. 2d wk Mar.
10,518
12,421
Mobile & Ohio.... March
226,398
168,301
665,751
Nashv. Ch.cfeSt.L: March
207,710
169.457
576,719
N. Y. Cent. & Hud March
2,668,250 2,854,835 7,366,426
N.Y. L. Erie& W. February.. 1,425,765 1,252,218 2,869,202
N.Y. & N. Engl’d. February.. 173,614
149,907
363,363
N. Y. Pa. «fe Ohio- February..
389,125
384,980
811,033
Northern Cen tral. March
452,906 415,325 1,221,719
Northern Pacific. 3d wk Apr.
43.417
55,163
499,110
22.747
48,170
23,268
Ogd. & L. Champ. February..
306,894
257.609
601,852
Oreg’n R. Nav.Co. March
2d
wk
Pad. & Elizabetht.
6,804
Apr.
146,566
9,766
March
Pennsylvania
3,844,304 3,278.186 10,129,133
Peoria Dec. & Ev. 2d wkApr.
6,284
135,642
8,017
Philadel. <fc Erie.. March
285,573 327,678
735,377
Plilla. & Reading. March
1,600,568 1,489.389
3d wkApr.
Sc.L.Alt.&T.H.
434.650
23,480
31.209
Do
(brclis). 3d wk Apr.
14,790
234,514
11,006
St. L. Iron Mt.&S. 3d wk Apr. 127,100
109.334 2,236,044
St.L. & San Fran. 3d wk Apr.
39,763
834,354
57,683
St.Paul & Duluth. January...
39,915
38,191
39,915
St;P.Minn.<feMan. 3d wk Apr.
83.279 1,034,472
98,036
Scioto Valle};... 3d wk Apr.
6,19L
4,140
91,910
South Carolina
March
94.594
366.796
130,841
Texas & Pacific.. March
312.420
215.070
836,394
Union Pacific.... March
1,657,570 1,735,509
Wab. St.L.& Pac. 3d wkApr.
257,576 3,509,058
266.396
Wisconsin Cent... 3 wks Mar.
63,426
46,930
.
•
....
..
$154,457
156,870
41,248
636,835
95,119
3,644.539
623,778
2,052,479
284.320
324.945
3,000,593
3,648,040
422,213
383,680
165.457
526.458
31,519
259,464
1,156.365
121,654
531,421
73,682
266,547
286,142
377,659
380,617
468,476
3,076,193
1,378,643
703,259
1,013,831
1,414,792
406,655
491,297
279,692
217,033
49,800
2.248,983
370,475
61,124
622,511
566.245
7,765,679
2,548,599
314,139
797,345
1,080.679
408,258
52,949
529,558
107,143
9,306.313
80,226
797,357
389,868
200,733
1,826,832
718,305
38,191
828.515
84,706
332,818
680,020
3,840,965
Exchange.—Foreign exchange has been decidedly stronger
Shares.
400
Chic. Burl.
Quincy
Chic. Mil. & St.P....
:
Chicago & Alton
follows:
Sales of
Do
1880.
Ala.Gt. Southern. March
$62,005
$47,829
A tl. Miss. & Ohio. January...
164,917
156,870
Bost.& N.Y.Air-L .February..
19,817
19,661
Bur.C.Rap.&No.. 3d wk Apr.
42.654
28,623
Cairo & St. Louis. 2d wk Apr.
8,338
7,826
Central Pacific... March
1,613,000 1,373,438
Ches. & Ohio
March..... 228,481
222.762
4
Feb. 25
4
Jan.
Mar. 24
Jan.
4
Jan.
Jan.
Jan.
Mar.
8'
Feb. 18
92*
110*
507s
105
127*
42*
Jan. 11
Jan. 11
Jan. 28
Feb. 14
Feb. 17
Jan. 17
Jan. 29
39*
67*
23
44*
27*
62
13*
72*
34*
25*
33
60
80
26*
selling,
prera.; Charleston, buying, % prem., selling,
New Orleans commercial, 1*50 prem., bank, 2*50 prem.;
St. Louis, 25 prem.; Chicago, par to 25 premium, and Boston
par;
%
prem.;
about par.
-
Quotations for foreign exchange are as follows:
April 29.
25*
20 95
139*
29 77
174
14
21
57*
20 75
130*
17 28* 49*
3 122
155*
15
30
51*
10 47
93*
7
20
36
Mar. 5
62* Feb. 18'
73* Feb. 19
4
66* Apl.
51
71
Feb. 25 102
Feb. 25 1247«
Feb. 25 513a
Feb. 25 94
Jan.
.3 120*
20*
130
146*
204
this week, and shipments of specie from Europe have been
checked for ten days past. To-day on actual transactions the
rates were about 4 83/6 ior bankers’ 60-days sterling, 4 85^ for
demand, 4 85% for cables and 4 81%@4 82-4 for commercial.
The following were the rates of domestic exchange on “New
York at the undermentioned cities to-day: Savannah, buying,
66
48
65
100
113*
Prime bankers’ sterling
Prime commercial
on
London.
;
Paris (francs)
(guilders)
Frankfort (reichmarks)
Bremen (reichmarks)
4
4
4
5
83
82
@4 84
@4 82*
81*@4 82
23% @5 21*
39 *@
397e
94*@
94*2>
94*
94*
85*3)4 86
@4 84*
4 83*S>4 84
5 21*@5 19*
39*® 40*
4
4
«4
94*@
94* @
95
95
U. S. Sub-Treasury.—The following table shows the receipts
and payments at the Sub-Treasury in this city, as well as the
balances in the same, for each day of the past week:
Balances.
Receipts.
April 23...
“
“
“
“
“
48
51* 88*
77* 116*
bills
Documentary commercial
Amsterdam
Demand.
Sixty Days.
Total
25...
26...
27...
28...
29...
Payments.
$
776,773 32
1,246,908
924,096
2,323,595
722,882
02
45
17
09
$
475,772
1,560,116
1,099,693
2,870.519
29
02
90
38
707.782 25
687,271 18
1,759,506 21
6.681,526 23
8,473,390 08
Coin.
Currency.
$
76.316,582 16
76,265,599 ot
5,019,825 93
75,960,502
74.941,162
74.8 46,228
73/792,646
70
05
32
94
'$
10
4,887,099 96
5,359,516 40
5,469,549 97
4 757.601
5,450,896 29
April 30,
the
the
23,
New York City Banks.—1The following statement shows
condition of the Associated Banks of New York City for
week ending at the commencement of business on April
Quotations in Boston, Philadelphia and Baltimore.
Capital.
Binks.
Loans and
discounts.
Specie.
8.332,000
0.774.bO0
7.182.100
Manhattan Co...
Merchants
Mechanics’.
Union
America
7.214.000
4.583 000
9.3o0,2OO
3,010,000
7.390,500
3.150.500
1.738.000
12,00 ,700
3,750,900
4,013,900
1.020.300
Phoenix.
1,000,000
Tradesmen’s
Fulton
Chemical
1,000,000
Merch’nts’ Exch.
1,000,000
1,000,000
300,000
600,000
300,000
Gallatin Nation’l
Butchers’&Drov.
Mechanics’ & Tr.
Greenwich
Leather Man’f’rs
Seventh Ward...
State of N. York.
Amerioan Exch..
1,015.0*00
200,000
200,000
600,000
300,000
800,000
5,000,000
1.018,900
2,897.000
941.300
3,483,400
14.053.000
13.944,50C
5,312,000
4,032 700
2.325,100
5.913.30C
8,042.700
5,000,000
1,000,000
1,000,000
422,700
1,500,000
Commerce
Broadway
Mercantile
Pacific
Republic
450,000
412,500
700,000
Chatham
People’s
North America..
Hanover
Irving
Metropolitan....
764.200
909,OiM)
1.305.000
1,027.000
*
295,000
374,000
680,400
177,000
100.800
1,727,200
1,003,000
299,900
43,500
4,172.000
413,500
311,000
3.139.900
137,000
80,800
138,400
258.100
307,500
67,900
60,700
183,000
231,200
120,900
58,700
....
Citizens’
Nassau
Market
St. Nicholas
Shoe & Leather..
Corn Exchange..
Continental
Oriental
Marine
importers’ & Tr..
Park
Mech. Bkg. Ass’n
North River
Bast River
Fourth National.
Central Nat
Second Nation’l.
Ninth National..
First National..
Third National..
N. Y. Nat. Exch..
Bowery National
N. York County..
Germ’nAmeric’n
Chase National..
Fifth Avenue....
German Exch.
..
1.838.000
540,300
720.200
853.800
143,000
22.000
550.700
107,400
897,700
2.300.000
'
207,100
205.0(H)
500,000
500,000
500,000
1,000,000
1,000,000
300,000
400,000
1,500,000
2.490.50C
7,843,000
1,179,100
2.911.50O
532.090
14,438.000
2,944.000
1.919.400
2,048.500
2.604,000
1.970.000
3.405.100
4.183, OOC
0,008,000
1.942.400
3.175.000
19,233.900
233,100
192.700
054.900
328.300
500,700
207.000
1,990,700
41,300
907,000
5,581.900
10.890.9OOi 4.771,000
2,000,000
360,000
1,100
*07,000
791,000
....
2.903.900
1.510.200
1,079,000
1.165,000
9.250.900
889.800
2,700
407,200
80.400
3,373,100
10.800.000
10.732.300
3.787,200
4.727.100
2.209.800
3,258.400
3.258.000
1.780.900
......
....
890.800
284,000
1,125,000
45,000
5,400
794,500
439,400
1,078,000.
207 100'
8,900
0.994,400
2,782,400
13.034.000
2,002.900
2,503,700
2,302.000
1,550.801
250.200
448.800
3.573.000
2.772.300
450,000
6.771,000
1,892.000
780,300
4,000
„
833.10C'
805.400
1.0.9,100
88.200
3,200,000
2,000,000
18.108.8',‘C
8,518.000
8,004.000
5.522 000
14.442,200
5.730,300
1.404,700
1,497.000
i.388.10O
4.449,700
1.051,300
182,200
35.000
31.400
229.100
0.332,000
103,000
847.0001
2,388.800
4.020.400
275,1' 0
71.400
1.090,000
1.346,900
1,648.800
2.129.300
850,400
400,900
22,200
52,800
140,901'
60,000
4,352.400
1.891.400
91 400
1,305.100
1,301.100
300,000
750,000
500,000
1,000,000
300,000
250,000
200,000
750,000
300,000
100,000
200,000
Germania
1,001.000
598.U00
700.800
3.087.200
1.789,700
1,238 000
1,222,000
200,000
•
,,
„
„
,
1,110,800
45,000
250,000
240,000
.
45,000
S.810.0(10
21.913.000
20.762.00C
4.200
107.8OG
08.300
...
•
2.527.500
073,700
,
1,133,800
201 400
31.200
1.010.500
500,000
.
302.300
795.700
245,200
174.000
3.355,300
74.700
208.500
149.300
100.800
03,100
283.000
589,000
274.800
331.000
285.400
95.700
91.700
70,000
317.000
80.000
174.500
315,100
83.000
351.000
400.000
817,300
700 400
495,000
9
t
t
,
9
760.500
298.000
477,700
372.200
731.800
222.800
18.405.000
8.380.000
3.039,000
5.361.900
810,000
1,201,000
45,000
485,COO
450,000
’
10.004,800
404.000
110,900
270.000
223.000
180,000
'
9i,8u0
305,717.000 00,804.200 14.418,200 292.653.000 17.217.400
The deviations from returns of previous week are as follows
Loans and discounts
Speoie
Legal tenders
The
*
Dec.
Inc.
Inc.
$665,800 | Net deposits....
3.984,900 Circulation
939,600 1
luc.
are the totals of the New York
House Banks’ returns for a series of weeks past:
27..
Deo. 4..
“
“
11..
18..
24..
31
.
1881.
Jan. 8...
**
15...
“
22...
“
29...
Feb. 5...
12...
19...
“
26...
Mar. 5..
Specie.
L. Tenders.
Deposits.
S
12,078,900
12,098,200
S
295.871.400
289.527.100
276.132.700
266,385,200
267.629.900
63.830.600
..313,524,900 60.177.900
..305,701,100 54.534.600
..293,959,200 53.933.200
..293,372,600 55.677,800
..292.417,900 57,086,000
.297,756,700 58,047,900
12,036,700
12.579.900
13.318.400
13,3)0,900 267,068,000
12.796.600 272.466.900
.304,080,200 61.948.900
.302,864,300 65.162,500
13.817.400
15,636,100
.
:
337,200
City Clearing
Circulation Agg. Clear
$
I
18.730.400 868,078,513
18,666.200 1072,680,747
.
18.471.400 1155,094,682
18.485.200 940.101.842
18.474.400 974,074.998
18.431.400 804,522,749
18.408.200 8L7,931,113
285.787.700 18.426.200 1179,878,986
292,376,800 18,425,000 1179,899.303
.307,839,600 86.484.100 16.395.600 298.931.900 13.345.500 1224,943,1M2
.310,682.200 66.264.100 17.237.900 302.512.300 18,330,700 955,459,473
.316,092.900 67,6'‘3,700 15,9.^7,500 307,097,. 00 18.363.300 1042,395,915
.317,139,100 67.890.600 15,546,000 307,924, 00 18.352.300 947,812,074
.320,807,300 65.319.600 14.887.200 307.718.100 18.259.500 1105,462,825
.3ie.5S4.400 58,074.200 15,048,000 296.517.300 16,181,600 1143.978.545
.298,485,400 54.894.100 13.289.200 274,44 ?.600 15.448.500 1241,050.579
12... .296,252,900 55,868,000 12.466.600 271,66^.800 15.466.100 1020.907.9^5
“
19.. ..300,177,300 59,552."00 12.241.200 277,931,600 15.771.100 812,503,681
“
26.. .300,622,000 57.668.900 12.934.500 275.586.500 16.630.500 774.684.705
300,28 ^ 100 57.611,000 12.710.500 275.495.400 16.713.500 950,446,299
April
2
“
..305.244.400 60,129,000 12,472.700 282,7 SS,500 16.709.000 815,034,482
“
16.. ..306,383.400 02.-19.300 13.428.600 288.821.100 16.880.200 724.179.359
23.. ..305,717,600 66.804.200 14.113.200 292.633.000 17,217,400 978,263,336
“
“
.
.
..
“
Boston Banks, —The following are the totals of the Boston
banks for a series of weeks past:
1881.
Jan. 24..
“
31..
Feb.
7..
44
14..
“
2L..
•*
28..
Mar. 7..
**
14...
44
21..
44
28..
Apr. 4
11..
“
18..
“
25..
.
Specie.
150,634,300
7.469,500
3.753.400
152,018,200
151.919.800
152.104,500
7.741.400
7.843.100
7,776,000
7,267,700
3.809,000
$
152.499.800
150.723.800
149.351,400
146.629.900
145,529,000
140,114,000
147.551.200
146.289.900
146.129.200
146,037,100
6,907,900
$
*7.562.100
97,418,700
97.127.100
97.219.100
2.496.300
2.407.400
2.470.700
93.092,400
87,808,400
85,772,500
85,066,900
85.463.100
85,828,900
86,959,800
2,670,000
2.488.300
2.431.400
6,592,000
2.769.100
80,688,600
30.727.500
30.583.700
31.197.200
30.785.700
97.430.300
3,390,800
2.835.100
2.549.400
6.171,000
5.535.400
5.760.100
5,842,300
5,846,200
5.607.100
6,0S4,S()0
•Including the item “ due
Deposits.* Circulation. Agg. Clear
L. Tenders.
S
Loans.
$
2.532.300
2.793.700
83.689.300
90.124.300
30.210.200
29.813.900
29.811.900
.
29.875.900
29.975.500
80,135,800
30,282,700
30,464,400
30.624.500
$
89,188.828
78,576,830
80,193,675
77,501,141
85.747.52S
71,980.430
83,849,374
70.117,775
69,034.128
68,840.822
69,096.257
70,463.791
79,105,341
77,562,234
.•
01
Feb.
7
14
21..
28
Mar. 7
*
l^.-.r
Vct
•«
21
28
4
11
Ifr...
BS
L. Tenders.
$
Deposits.
20,375.040
05.340,431
65,273,525
05,838.364
20.345.750
20,340.524
20,031.467
20,499,98?
18.183,122
16,075,724
17.17.1,494
17.638.697
07,430.318
07,381,557
65,002.808
70,200.005
17.530,152
17.573.378
71,181.790
18.005.372
13.771.480
70.170.205
ja.S05.7ftl
TO;435,827
1135*068
Circulation.
Agg. Clear.
$
01.749,924
01.752.C81
61.000.170
01,173,413
02.456.355
70,508.874
127
127
..
• •
...
HarrlBburg 1st more 6s, ’83..
H. A B. T. 1st m. 7s, gold, ’90.
1.27"
....
....
i649<
105
03*
..
!20
117
110
do
do
6s,cp.,19<!& 121
Little Schuylkill, 1st m.7s,’82
•••
171*
do
do
...
....
•
•
161
.
•
•
•
.
.
.
•
"i 45
31
....
150
•
.
192*
b9*
02*
•
•
05
...
....
la*
ao conv.
•
S
Old Colony
iu
Portland 8aco A Portsmouth
132
Pullman Palace Car
31
Rutland, preferred
Tol. Del. A Bur
Revere Beach A Lynn
Vermont A Massacuusetta..
Worcester A Nashua
Wisconsin Central
132
115
•
•
•
14
....
20
do
.do
....
do
6s,ola, reg
do 6s,n., rg., prior to ’95
do 6s,n.,rg.,1895 A over
do 4s,varlou8
RAILROAD STOCKS.f
Buffalo Pitts. A Western....
do
pref.
do
Catawlssa
do
pref
do
new pref
Delaware A Bound Brook....
East Pennsylvania
Elmira A Williamsport
do
do
pref..
Har. P. Mt. Joy A Lancaster.
do
do
do
105
21*
30
'52
51
07,050,350
67,301,923
12,160.558
12.122,237
12.136,113
12,159.740
12,(4)9,714
10.334 630
51.952.921
40.098.832
52,415,259
47.581.820
51,259.010
51.724.8*0
9,670,770
59.000.479
9,951.033
9.990.283
48.030.201
47.595 115
45.239.300
10,000,706
10,106,592
10.145.128
10.134,981
10,IBB,550
53.340.450
48.057.S37
44.007.129
B4,800,074
....
•
•
•
•
•
•
•
•
•
• • •
ikV
127
i25
117*
....
....
U8
ioo
119
124
124*
124*
114
~03* oik
’06
....
....
*00
00
*00
123*
20
iw*
cons.
0s, 1909
’96.
....
6s P.
112
110
109
B.,’96.
CANAL BONDS.
...
reg.,*94
117
Pennsylvania 6s, coup-, -910. •
Schuylk. Nav.lst rn.6a.rg.,’97.
100
91
118
100
89
2d m. 6s. reg., 1907
68, boatAcar,rg.,1918
7s, boatAcar,rg..i9;5
Susquehanna 6a. coup.. ’.9i8 .*
BALTIJIOKE.
—
.
:
-
:
.*«
bs, defense, J.A J..
Maryland
ao
6s, exempt, 1887
53*
do
6s, 1890, quarterly..
do
5s, quarterly
Baltimore 6s, iSSI, quarterly.
do
6s, 1856, J.« J
do
6s, 1890, quarterly...
do
6s, park, 1390,Q.—M.
do
6s, 1893, M. AS
.
58
...
Norristown
North Pennsylvania
5S*
59
09*
sw
27
20>,i
20*
....
do
I
*78
Paul A DuluthR.R. Com
do
do
pref. 79* *80*
184* 185
United N. J. Companies
WeBt Chester consol, pref....
si
West Jersey
at.
45*
Lehigh Navigation
45^
—
200
48
3A1LKOAD BOND8.
Balt. A Ohio 6s, 1885, A.AO. ..
N. W. Va. 3d m.,guar.,’85,JAJ
*
1*3
Susquehanna
132
Par.
Central Ohio
50
PittsDurg A Connell8vllle..50
....
pref...
J
Balt. A Ohio....
100
do
let pref
do
2d pref
do
Wash. Branch.100
do
Parkersb’g Br..50
Northern Central
50
Western Maryland
50
CANAL STOCKS.
Delaware Division
119*
6s,exempt,’9S.M.AS
Q -J
do, 08,1900,
do
6s, 1902, J. A
do.-. 5s, 19i6, new
Norfolk water, 88
railroad stocks.
Chesapeake A Delaware
••
Plttsb.A Connellsv."»s,’98,JAJ
RAILROAD BONDS.
Allegheny Vai.. 7 3-10s, 1896...
do
7s, E. ext.,1910
do
Inc. 7s, end.,’9-1 *5*4*
Belyidere Dela. 1st m.,6s,1902.
do
2dm. 6s.’85..
do
3dm. 6s, ’87..
Camden AAmboy 6s,coup,’33 105
6s. coup., ’89
mort. 6s. ’89
115*
Cam. A Atl. 1st m. 7s. g., 1598
do
21 m. cur. 7s, !r7«.. 105
Cam. A Burlington Co. 6s,*97.
Catawlssa lst,Ts, conv., ’62...
do ••
chat. m.. IQs, ’88 ..
Catawlssa. new 7s 1900
do
do
•
in amuaiu
....
120
lit*
.
NeBquehoning Valley
*
1
do
do
do
Mlnehlll
Morris
do
pref
• •
•
do mort. gold, ’9< —
do cons. m.7s, rg.,191!
Morris, boat loan, reg., 1885..
29*
23*
....
Schuylkill
Pennsylvania
Philadelphia A Erie
Pniladelphia A Reading
Philadelphia A Trenton......
Phlla.Wllming. A Baltimore,
•
Chesap. A Dela. 1st 6s, rg.,’86
Delaware Division 6s, cp.,^.
100*
Lehigh Navlga. in., 6s, reg.,’8-1 115
do
mort. RR., rg .’97 100
21*
27
1st m. 6s, op.,
1st m. 7s,'99
do
'
Lehigh Valley
do
cons,
W.Jersey&At.Ptm Ss, cp.
Western Penn. KR. 6s,cp.*93.
129
Huntingdon A Broad Top...
do
do pref.
Little
Rio OrandeD v..
do m. conv. g.,
pref...;..
•
m.,6s,g.,1905
90
lnc.Al. gr.,7B 1915
Union A Tltusv. 1st m. 7s, ’90. 102*
United N. J. cons. m. 6s,’94..
iib* 115*
Warren A F. 1st m.7s, ’96
West Chester cons. 7s, ’91...
ido*
West Jersey 6s, deb,,coup.,’*3 118
4s, reg., 1894-1904
Philadelphia, 58 reg
ao
•
•
do
STATE AND
Camden A Atlantic
•
Sunbury A Erie 1st m.7s, ’97..
byra.Gen.A Corn’*,lst.ls,1905 107*
Texas A Pac. 1st m ,6s, g..l905
62*
pref
CITY BONDS.
5s, g’d, tnt.,reg, or cp.
5s, cur..reg ....
5s, reg., 1382-1892.
5s, new, reg., 1692-19UV.
68,10-15, reg., li77-’82.
68,15-25, reg., 1882-’92.
• •
•
Rich.A Danv.cona.int.B^,19 5
Steubenv. A Ind. 1st, 6s, 1884.
Stony Creek 1st m. 78 1907....
8unb. Haz. A W..lst m.,5s,*23.
do
2d m. 6a. .933..
PHILADELPHIA.
Penna.
do
do
do
do
do
do
•
Qhuinnb-ln XT Mr MnMuv r7u
10411 XXO
V.A Pottav.7s, 1901
Sbatnokln
104
•
31*
U*
7s, R. C., 1893*
do
7s, coup, off,’93
Phil.AK.CoalAlr’n deb.7s.92*
do
deb. 7s. cps.ofl
do mort., 7s, 1892-3
Phlla. Wllra. A Balt. 6s, ’84....
Pltts.Cln.ASt. L. 7s, cou., 1900do
do
7a. reg., Ifiii
....
•
1905
1905.
Phlla. A Erie 2d »n. 7a, cp., 38
do
cons, mo.-t.6s. 920
po
do
5a,’920
Phlla. Newt’n A N.Y..lstm.
Phil.A R. lEt rn.68,ex.due 1910
do
do
1910
2d ra.. 7s, cp..98.
do do
cons. m..7s,cp., 1911
do
do
ieg.,191!
do cons.m.6i,g.lRC1911
do lm!>.m.,6\g„ C. 1897
do gen. m. 6i, g.. C.lfOl
do In. m.,7s,coup.,’696.
do d b. conn , P93*....
• o
do
c up. off, 1893.
do scrip, 1834
31fc
05
Iowa Falli A Sioux CPy
K..U. Law. A Southern.Ez.R
83
Little hock * Fort Smith ...
Manchester A Lawrence....
44fc "45
Mar. Hough. A O .t
8;*
Mar. Hongli. A Oit.. pref...
150
145
NahsnaA Cowell
59* 00
New York A New England...
10S
100
Northern of New Hampshlr<
101
Norwich A Worcester
51
51*
do
•
•
107*
Penn. Co ,6s. reg
Perklomen 1st m.6s,coup. ,'8. 101*
'85
•
Ggdensb. A L. Champlain ...
do
pref..
cons. m. 6a, rg.,
cons. m. 6s, cp.,
CO
51
-O
•
•
Pa.AN.Y.C.A RU.7s,1896....
do
1906....
Pennsylv.,gen. m. 6s, cp.. 1910 124
do
gen. m. 6s, rg., 1910.
130
93*
common
•
-
*'•'
100
do
do
110*
05*
103*
8434
41*
pref
Fort Scott & Gulf, pref
*
MS
North. Penn. 1st m. 6s, cp./85. 107*
do
2d m.'■,cp.,’96.
do gen. m. 7s, cp., 1908. 129
do gen. m. 7s,reg., 19ff 120
do new loan ts, reg ..
102
Oil Creek 1st m. 7s, coup.,*84.
Plttsb. Tltusv. A B., 76, cp.,’96 '95* 97
do
Scrip
....
31*
:
•
....
•
82
Fitchburg
Flint A Pere Marq
•
•
...
118
yy* 100
Chcshlrepreferred
(New Hampshire)..
•
Lehigh Valley, lst,6s,cp.. 1896 122*
do
do reg., 1893... 125
do 2d m. 7s, reg., 1910..
130*
121
do
con. m.,6s,rg.,1923
112
117*
153
Concord
Connecticut River
Conn. A Passumpslc
Eastern (Mass.)
•
• •
....
..
Chi'. & W. Michigan
Cin. Sandusky A Clev
•
•
,
138*
x
““
2d m. 78, gold, ’95. 111'
2d m. f '.scrip g.,7s
cons. m. 7s, 1895... '...
r* o
do
5s, 19 J5..
IthacaA Athens 1st g d, 7s.,’9v
Junction 1st mort. 6s, ’82
2d mort. 6s, 1900
do
116* 117
113*
105*
STOCK8.
Atchison A Topeka
Boston A AUa.iy
Boston ALowel:
Boston A Maine.
Boston A Providence
"*
'
do
do
do
do
•••
Old Colony,7s
...
Old Colony, 6s
Pueblo A Ark. Valley, 7s....
Rutland 6s,1st mort
Vermont A Mass. HR.. 6s
Vermont A Canada, new 8s..
Schuylkill Navigation
to other banks.”
follows:
Loans.
1
72.500.007
73.107,879
74.409.273
74.937,104
75.355,210
73,791,948
71,001,651
70.003,787
...
Pennsylvania
Philadelphia Banks.—The totals of the Philadelphia banks
1881.
Jan. 24
....
..
•
are as
..
Chartlers Val.,l8tm.7s.C.,l
Delaware mort.. 6s, various..
120
Del. A Bound Br.,lst, 7
East Penn. 1st mort. 7s, w
El.A W’msport, 1st m., 7s, ’80.
do
5s,perp
....
do
7s.
Ill 34
Fort Scott A Gulf 7a*-. .....
Hartford A Erie 7s
02*
K. City Lawrence A So. 43.. 105*
110
Kan. City. St. Jo. A C. 13. is.
Little R’k A Ft. Smith, 7s, 1st 110*
New York A New Eng. 63... 109*
119
do
7s
110
New Mexico A So. Pac. 7s..
1
05
tgdensburg A Lake Cu.6j..
Inc. $8,831,900
following
Loans.
188!.
t
Nov. 20.. ..315,334,000
“
Eastern, Mass., 4*s, new.
Fitchburg RR., 6s
9
1.010,700
1.194.000
do
6s
Boston A Lowell 7s
do
6s
boston A Providence 7s
A
Burl.
Mo., land grant 7s...
do
E:
Nebr. 6s
Nebr. 6s
do
Conn. A Paseumpstc, 7s, 1897
Eastern
Ask.
Connecting 6s, 1900-1904...
120
Albany 7s
boston <js
%
3,901,000
7,038.800
8,078.000
9,031,700
1.989.300
1,289,100
12,423.800
237,300
224,000
795.800
tion.
7.530.000
4.090,200
0,071,200
5,950,000
013,000
1,194.800
Circula¬
t
,18,100
5.313.800
1.504,200
1,000,000
500,000
3,000.000
600,000
1,000,000,
Tenders.
$
$
New York
Net dept's
other •
than U. S.
Legal
Bid.
8B0UBITIBS.
Ask.
BOSTON.
A.tch. & Topeka 1st m.7s....
land grant 7i
do
land Inc. 3s.
do
Boston A Maine 7s
Average amount of
“
Bid
SECURITIES.
1881:
“
463
CHRONICLE.
THE
1681.]
J Per snare.
•
• •
*5*5
••
....
....
no*
Northern Central 6s,’85, JAJ
do
68.1900. A.AO.
do 6s, gld, 1900, J.A J. 1’0
Cen. Ohio 6s. lBt m.,’90.M.A S. 113*
W. Md. 6s, 1st m., gr.,’90,J.AJ.
114
do
1st m., 1890, J. A J....
do
2d m., guar., J.A J—
i'l'o
do
2d m., pref
do 2d m.,gr. by W.Co.JAJ 1)4
do 6a. 3d in., guar.. J.A J. 122
120*
Mar. A Cin. 7s, ’92, F. A A ...
j
'02*
do
2d, M. A N
48*
do
S«,9d,J.AJ
ii’3*
ii
Union BR. 1st, guar., J. A J..
do
Canton endorsed
’ ii'y* no*
THE CHRONICLE.
464
OF STOCKS AND
QUOTATIONS
U, 8. Bonds and active Railroad Stocks are quoted on a previous page.
STATE
Ask.
Bid.
SECURITIES.
Alabama—Class A, 2 to 5
Class A, 2 to 5, small
Class B, 5s
Class C, 2 to 4
...
6s, 10-20s
Arkansas—6s, funded
7s, L. Rock Ac Ft. Soott iss.
7s, Morap. & L. Rock RR .
Tfl. L. R P. B. Ac N. O. RR.
7s, Miss. O. & R. R. HR...
78, Arkansas Central UR.
Connecticut—6s...
71%
•
•
•
Michigan—6s, 1883
•
7s, 1800
Missouri—6a, due 1888 or ’83
6s, due 1886
6s, due 1887
6e, due 1888
14
6s, due 1889 or ’90
Asylum or Univ., due ’92.
‘
11
F unding, 1894-95
11
Hannibal & St. Jo., 1886..
14
11
do
1887..
do
104
New York—6s, gold, reg.,’87
110
6s, gold, coup., 1887
111
6s, loan, 1883
111
.\
6s, do 1891
118
6s, do 1692
117%
59
1893
6s. do
60*4
North Carolina—6s, old.J&J
56% 58
72
94
84
100
26
11
•
•
•
•
.
.
.
.
.
.
.
*
.
.
•
...
....
.
.
,
•
.
•
•
....
Louisiana—7s, consolidated
7s, small
.
«
.
.
.
.
RAILROAD
Buffalo Pitts. & West
do
do
pref.
Burl. Cedar Rapids & No...
Cedar Falls Ac Minnesota...
Central Iowa
do
1st pref
do
2d pref
Chicago k Alton.pref
§ 46 *
Cln. Sandusky k Cleveland
Clev. k Pittsburg, guar—
Danbury & Norwalk
2d mortgage, 1884
1st m., 7a, I.A D. Ext.,1008
72%
§22
3.-west dlv., 1st 6s, 1909.
1st 5s, LaC. k Dav., 1919.
1st So. Minn. div.6s, 1910.
1st m.. H. & D.. 7s. 1910...
Chic, k Pac. div., 6s,1910..
Min’l Pt. Div., 5s, 1910....
Chic. Ac Northwestern-
....
....
Cln. lftd. St. L. k Chic
§ 63%
Sinking fund
133>t 135
Marq., pref.
.
now.
Keokuk k Des Moines
do
uref.
do
Louisiana k Mo. River
Louisv. N. Alb. Ac Chicago..
Manhattan Beach Co
Memphis & Charleston
Milw. L. Shore k W„ pref..
§100%
§ 50%
§17%
Rochester k Pittsburg..
Rome Watertown & Ogd...
8t. Paul k Duluth
.
pref.
St, Paul Minn, k Man
Miscellaneous St’ks.
Adams Express
American Express
United States Express
Wells, Fargo k Co
Atlantic & Pacific Telegr..
Boston Land Co.
Cameron Coal
Canton Co., Baltimore
Caribou Consol. Mining
Central Arizona Mining....
Central N. J. Land Imp
Climax Mining
Colorado Coal k Iron
Consolidation Coal of Md..
Deadwood Mining
Excelsior Mining
Gold At Stock Tel
Homestake Mining
La Plata Mining
Leadville Mining
Little Pittsburg Mining ...
Mariposa L’d A Mining Co..
do
do
pref.
Maryland Coal
New Central Coal
N.Y.&Texas Land, limited
Ontario Silver Mining
Pennsylvania Coal
....!
....
.
•
t
!
Special tax, class 1
do
do
Consol. 4s,
Small
•
....
...
t
,
35%
.
..
....
1
51.?i
294
52
•
•
•
.
30
•
•
§S1.%
.
....
131
79
62
6U
2
5
‘oi*%
4%!
40
do
t^xfended.
do
Coup., 7s.’94
do
Reg. 7s, ’94.
1st Pa. div., coup., 7s, 1917
do
reg., 7s. 1017 .
do
do
2d raort
1st con., guar
Rons.Ac Saratoga,
TT
do
1st,coup
1st,
110%
i110
..
.
.
7
§8%
27%!
§27
.
.
.
]
Railroad Bonds.
(Stock Exchange Erios.)
Alabama Centralist 6s.1918
Rait. k O.—1sttts. Prk.b.1919
"Boat. H. & Erie—1st m
Bur. Ced.ll.At North.—1st,5s
Minn.& St. L., 1st, 7s, guar
Iowa City & West’n. 1st 7s
C. Rap. la. Falls k N.Ist 6s
Central Iowa, 1st mis, 1899
Ohesap.At O.—Pur. m’y fund
6s, gold, series B, int. def.
6s, currency, int. deferred
Chicago k Alton—1st mort.
Income
m...
guar
do
2d 7s, 1900.
St. L. Jack, k Chic.. 1st m.
do
1st guar.(564) 7s,’94
2d M. (360) 7s. 1898
do
do
2d guar. (188) 7s,’98
Miss.Riv.Brldge,l8t.s. 1,63
Chic. Bur. k Q.—8 p.c., 1st m
Consol, mort., 7s
5s, sinking fund
Chic. Rk. I.k P.—6s, cp.,1917
6s, 1917, registered
Keok.& Des M., 1st, g., 5s.
Central of N. J.—1st m., ’90.
1st eonsolidated, assent’d
Convertible, assented
Adjustment, 1903
Leh.A W. B.,con., g’d.'ia’d
Am. Dock k lmpr., ass’td
Ch'C.Mil.&St.P.—lst.8*.P.D
rr>nr*.. 7 3-10. P.D..1608
118
do
no
Wab. HR.-Continued.
91
01%
128%
100
108
100
98
96* *
' 111%
T.&Wab., 1st ext.7s,
1st St. L. div.7s,ex mat.cp.'*10S%
2d mortgage ext., ex coup! Ill'
54
Equipment bonds, 7s, 1883
Consol, conv., 7s...
113
Gt. Western, 1st m., ex cp 111
ill *6
do 2d m..7s.’93,ex cp
|112
*103
‘
Q. k Tol., 1st, 7s, 90,ex cp.
111.At So. la., 1st m.7s,ex cp 1G2
Hannibal Ac Naples, 1st 7s
St.L. K.C-& N.K. E.Ac R.,7s ii'i* 112
115
Omaha Div., 1st mort., 7s
Clarinda b.,6s, 1919
U8
lio’
St.Chas.B’dge.lst, 7s. 1008
108% 108%
North Missouri. 1st ni., 7s
8394 S4% West. Un. Tel.—1900, coup.
1900, registered
113* Spring.V’y W.Works—1st 6s
116% Oregon R. & Nav.—let, 6s..
105%
108
j
)
98
72
..
..
101% 102
a 21
....119%
..,
99%
99%
99
74fc
Sinking fund
Registered, 8s
Collateral Trust, 6s
reg.
*
|l
111
[
1
...
...
19801
are
48%
92
63
50
47%
49
62"
80
±61
6i"
79%
63
66
80
7S
51
s*
:64?4
96
89
..
47
47%
40
47
11*6**( ’.!!!
101^:102
|
1)5% 115%,
Miscellaneous List.
113%
120
119
108
(Brokerh' Quotation«.)
RAILROADS.
Kansas Pac.—
1st 6s, 1895
*1:23-4
113
1st 6s. 189(5
Denver Div.,6s,a8sd,’99 111*4 112
1st cons. 6s.’ 1919
307&I108
Cen. B’ch U. Pac.—1st 6s.. 102M\ ....
i
F’d Coup. 6s, 1895
or>)41 ....
Ateh. C. Ac P., 1st 6s, 1905 ioi%jio:%
100
At. Jew’l Co. k W.—1st 63
Utah So., gen. m., 7s,1909.
109-14
...
Mo. Pac.1st cons. 0s,1920. ±107
Pacific HR. of Mo.—ist m. 108%
±....113
2d mortgage.*
St.L. Ac S.F.,2d Os.class A.
do
3-Os, class C.
3-Os. class B.
do
do 1st 6s, Peirce, C&Oj
99;
100
76
73% 82
N.Y.LakeE.&W.Inc. 6s.li»77
N.Y.Pa.&().,lst inc. ac, 5-7s.
N.O. Mob. AcTex.deb.sc.,1930
Ohio Central—Inc., 1920—
...
109**
108
do
Sand’y Div.,inc.1920
Laf. Bl.Ac Mun.—Inc. 7.1899
M'obileAc O.—1st pref. deben
2d pref. debentures
3d
do
:.
4th
do
100
73*
88
....
110
124
1(8%
99% 100%
C.St.P.Ac M's L. Gr..In.6s,’$)8
iCnic.& Fast’n Ill.. lnc.,l$)07.
Ind’s B1.& W’n-Inc., 1919..
'ind’s Dec. k Su’d, 2d Inc...
Hnt.Ai Gt. Northern—2d Inc
Leh. Ac Wilkes B.Coal—1888
'Lake Erie Ac W’n—lnc.7s,’99
93
Consolidated
2d consolidated
123
ICol.Chic.&lnd.C.,inc.-7s,1890
'Cent. Iowa coup, debt certs.
134
113%: 114
Onio Ac Miss.—Consol, s. f’d
123
INCOME BONDS.
100%
131
131
tco% 101%
Alabama Cent’l Inc. 6s,1918
Central of N. J.—1908
! Chic. St.L. AtN.O.—2d m. 1907
*111
;N. Orl’ns Pac.—1st 6s.g.l920
Western Pacific bonds..
South Pac. of Cal.*—1st m.
Union Pacific—1st mort..
Land grants, 7s
18%
BONDS.
m.,regi*133%
113"
81%
no"
registered
.
119
to-day; these
18
105
Funding 5s, 1899
,
S6&
* No price
40
...
97
do 2d,con.,f.cp.,5s.6110
58
’ Flint Sc P. Marq., M. 6s, 1920
103*
07 j Gal. I far’g k S. Ant’o. 1st 6s,
1st La Grange Ex .6s,1910
2d mortgage, 7s. 1901. ...
21
24%,
112%
Gu’f
Col. Ac 8. Fe—7s,1009.. 110
8%
llan. Ac 8t. Jos.—8s, conv...
109%, 110
2
14
I Ions.Ac Tex. C.—1st, m. l.,7s
112%, 113
1st mort., West. Div., 7s..! Ill
(112
1 of rnn?*t
Air \T
' il 10
*7a
1st
mort., Waco Ac N., 7a. ±116
2d C„ Main line, 8s
120
2d Waco Ac N., 8s
61 %! 62%
103
105
Inc. and i.nd’y, 7s
105
10024 Li i Ill.Cent.—Dub.AcSioux C.lst J 103
125 ) ....!
Dub. Ac Sioux C., 2d div...
1
r
114*
103
....!
Cedar F.Ac Minn., 1st m..
....105% Ind. Bl’m Ac W.—1st, pref. 7s 119
9%'
113 1114
80%!
1st mort., 7s, 1900
2d mort., 1909
7924 81 i
80% 85% Ind's Decatur & Sp’d 1st 7s 106
!5
i
57% 1 57%! Int. & Gt North. 1st 6s,gld. 113%fl!5
120
113
115
I
u. Shore—M.S.&N.I., s.f.,7s
112
102%
114%;
Cleve. & Tol., sink. fund..
115
do
new bonds.
113%,
Cleve. P’ville k Ash.. 7s
113%
120
Buffalo Ac Erie, new bd«...
102
Buffalo At State Line, 7s..
117
114
102
Kal’zoo k W. Pigeon, 1st.
Det.Mon.& T.. 1st, 7s.’1906 120
120
Lake Shore Div. bonds...
cons, coup., 1st
do
127% 130
i ....
126 ‘12?
106%'.
cons, reg., 1st.,
do
125
cons, coup., 2d.
± 108
do
127
cons. reg.. 2d .
do
124% 125
.'108
Louisv.Ac Nash.—Cons.m.,7s 119
125
124
106
2d mort., 7s, gold
....! 124
Cecilian Branch, 7s
108%
101
N.O. Ac Mob.,1st6s. 1930..
101%'
..
103%
118 ;119
E. H. Ac Nash., 1st 6s. 1919
;ios
Gen. mort, 6s, 1930
105%; 106
108
Pensacola div., 6s, 1920..;±104
112
109
108
St. Louis div., 1st 6s, 192li 104
do
2d 3s,
55% 56
Nashv. Ac Decatur, 1st, 7s. *121
132
L. Erie Ac West.—1st 63,191W 109
*122
do
Sand’y.Dlv..03,1919'
....10024
t And accrued interest.
80%
Registered
....
10
75%
39
38
38
116
D. of Columbia—3'65s, 1924.
10*2%
Ask.
74%
....
4th mort. Ext., os. 1920...--rlOS ;109
oth mortgage, 7s. 1888 — ±113
i2s%;iop
1st cons, gold 7s, 1929
J
'•i3i%l
74%
series
Springfield div — »16%;
Ohio Cent., 1st m., 63, 1920. 102)4 102^'
| Ogdb’gAcL.Champ. inc. 1920
do 1st Ter’l Tr.,6s,1920 100
Panama 8. F. Sub’y 6s, 1910
Peoria Dec A; K’vil’e—Incs.
107%;
j Peoria Dec. Sc E’viile. 1st 6s *107
Evansv. div. Inc. 1920
*..., 106% ( Roch. Ac Pitts—Inc., 1921...
Evansv. div.,1st 6s, 1920..
PaciHc Railroads—
St.L.I.M.AtS.—1st 7s,prf
115 I
Central Pacific—Gold bds.
2d 6s. int accum’lat.ive
San Joaquin Branch.... 107%
....; Stg.IronAc R’y,Ser’sB.Inc.9-4
106)4;'
Cal. Ac Oregon, 1st
Tol.Help.Ac Bur..Inc.6-5.1910
Stale Aid bonds
...il05%
do
Dayt. Dlv.,6s.1910
Land grant bonds
Tex.Ac St.L.,LdG.,Inc.,1920
....
do
pref
Silver Cliff Mining
Btandara Cons. Gold Mining
Stormont Silver Mining....
Sutro Tunnel
$
75
6s, deferred
111%
6s, 18.87
*105%
6s, real estate
6s, subscription
*105%
N. Y. C. &Hud., 1st m., cp.
— 133%
N.Y.C.& N’n.Gen.M.,6s.1910
N.Y.Ac New Eng.—1st 7s,1005
1st 6s, 1905
Nevada Central—1st m. 6s.
N. Pac. bond cert. 6s, 1921..
new
new
m
**j
6s, new, 1867
6s, consol, bonds
6s, ex matured coupon
6s, consol., 2d series
88%
1st m.,
122%
109
12)
:133
be.
12Q~
Island—6s,coup.’93~9
Virgina—6s, old....*.
6s, new, 1866
....
102%
N.Y.Pa.&O.,prior lien 6s,4)5
119% 120
Long Dock bunds
Buff. N.Y.Ac E, 1st ra.. 1918 128
123%;
N.Y.L.E.&W., now 2d 6s.. ±102%
do 1st, con., f, cp.,7s
40
38
6s,
68,
9
9
Meiropolit’n Kiev—lst,l$>08
Metropol. Kiev.—2d 6s. 1899
Mich. Cent.—Cons., 7s, 1902
1st mort., 8s, 1N82, s. f
Equipment bonds....
6s, 1$K>9
Jack. Lan. Ac Sag 0s, 1891.
do
1st
Huds. It., 7s, 2d m., s.f.,’85
Canada South., 1st, int. g.
Harlem, 1st m., 7s, coup.,
do
1st m., 7s, reg—
Y. Elevated—1st, 7s. 1906
121% 124
107%
115
1)6
117
may
Bid.
South Carolina—
6e, Act Mar. 23, 1869.)
Non-fundable
'.. j •
| Tennessee—6s, old
....
10494 105
97%
...
.
*
....
Louisv.N.Alb.AcChic—1st 6s
Manhat’n B’ch Co.—7s, 1909
N.Y.AtMan. B ch 1st 7s,'91
Marietta k Cin.—1st mort..
1st mort., sterl
....
3%
*
18
no
AND
•
....
101%
6s. 1.886
130
§131
Quicksilver
Ohio—6s, 1881
..
(119
Denv.& R. Grande—1st,1$*00
do
1st cons. 7s. 1910 11424 i 115
109
Den. 3. P. k Put*.,1st 7s,1905
jllO
128%
Erie—1st mort., extended..
110
2d mortg., ext’n 5s. 1919. ±108
3d mortgage, 7s, 1883
i 107
107 ( ..
25
n
86
82
1910
Mo.K.AtT.—Gcn.con.6s.102O
Cons.ass.. 1904-6
2d mortgage, inc., 1911 —
H. k Cent. Mo.. 1st., 18$H).
Mobile & Ohio—New m., 6s.
Nash. Chat, k St. L.—1st 7s
N. Y. Centrai-63, 1883
±116
±126 ,128
122
135
Morris A Essex, 1st m.....
,.:118
Siimoft...
do
do
bonds. 1D00
do
7s of 1871. 119
Albany Ac Susqueh., 1st m.
54
24%
99
124%
1st con.,g’d..
35
141
141
121
121
13
13
21
21
7
8
8
8%
Mil. k No—1st 4-5-Os. 1!)10.
7s, 1907
Syr. Bit gh. k N. Y., 1st, 7s
§55%
9%
118%
109
....
Del.& Hud.Canal—lstra.,’84
1st mortgage, 1891
48
2%
4%
35
*....;ioo
10644'107
Mortgage
do
....
§25*’
107%'109
1
i!8%
....
122
..
•
129
78
61
117
....
C. St.L.At N. O.- Ten. lien 7s 113
113
1st con. 7s
103% •10344
C. St. P. Minn.Ac 0’aCons.6s.
Ch.St.P.At Min.,1st 0«,1918 *111%
N.Wisc.. 1st M., 6s., 1930..
111
St. P.<fc Sioux C.lst 6s.1919 ±109
Cliic.&E.Ill.ist S.F.C’y,1907 109
§3*6
§27%
101%,
...
....
class 2
class 3
STOCKS
SECURITIES.
Rhode
Laf. Bl.AtMun.—1st 6s. 1919 ) 109
123
Iowa Midland, 1st m., 8s..
Galena k Chicago, exten.
Peninsula, 1st m.,conv...
123-54 125
Chic, k Mil., 1st
Winona & St. P., 1st m. .. ±108%| ..
do
2d m.... ±11H
C. C. C. & Ind’s—1st, 7s, s. f. ; 124% 125
Consol, mortgage
1121
54%
'1868
New bonds, J. A J
do
A.& O
Chatham RR
....
127
102
120
;;;
250
Pullman Palace Cur
do'
112
116
110
110
no
110
110
119
120
121
...
§80
§55%
36
Oregon Railway & Nav. Co. §151
Prices nominal,
Funding act, 1866
....•
Registered gold bonds.... 124%!
106%: 108%
8inkmg fund
do
registered.. iil'7
....
§91
k Burl
Siuking fund
Joliet k Chicago, 1st
Louis’a At Mo.,1st m.,
115^
110%!
Coupon gold bonds
....
§24i«
Missouri Pacific
N. Y. New Haven & Hartf. §179%
N. Y. Ontario & West.,pref.
Peoria Decatur & Kvansv
| §38
§129
Rensselaer At Saratoga
do
No. Car. Rlt., J. Ac J
do
A.& O
do
coup, off, J.&J.
do
coup, off, A.& O.
111
112
Ask.
.
6s, old, A.Ac O
-
131%
Consol, bonds
Extension bonds
1st mortgage
....
205"
Ina Bloom, k Western
do
-
105
Int. bonds
Dubuque At Sioux City
Toledo Delphos
f
‘
*1 21%
I. k M\ 1897
±122
I. k D., 1899
122
C. k M., 1903
123% 121
Con. sinking fund, 1905...
.....
Chicago k East. lilinois—
do
T
105%
ist m.,
ist m.,
ist m.,
....
Bid.
SECURITIES.
N. Carolina.—Continued
MISCELLANEOUS
1st in., 7a. $ g’ld,R.D.,1902
1st m., La C. I)iv., 1893....
122
Prices represent the per cent value, whatever the par
Ask.
102
118
Chic. Mil. & St. P.-Cont’d.
Railroad Stocks.
(Active previously quoted.)
Albany A Susquehanna —
Atchison Top. k Santa Fe.
Boston k N. Y. Air L., pref.
do
AND
BONDS IN NEW YORK.
BONDS.
.
...
....
Georgia—6s
7s, new
7s, endorsed
7s, gold
Flint & Pere
Harlem
Bid.
SECURITIES.
fvoL. xxxn.
105i<4 106
5)3
94
93%!
94
2
Boston Hartf. Ac E.—Stock.
70
Chic. Ale Can. So.—1st m.,g.,7s
Chie.Ac Southwest.—7s, guar +120
75
Galv. llous.Ac H.—7s, gld,’71
85%
Kansas k Nebraska—1st m.
45
2d mort
87%
47
90
88
87
17
do
2d mortgage.
Midland of N. J.—1st, new.
Income,“A ’’
“B”
Stock
85* *
112% 115
Long Island—1st mortgage.
do
3
75
— ••••••
N.J.South.—Int. guar., 6s,’99
N.WAtGreenw. Ij.—lst,7s, n.
do
2d
St. Joseph Ac Pacific—1st m.
2d mortgage
102%: St. Jo.
do Kquipm't 7s, ’95
it Western stock
South Pac. cf Mo.—1st m.;±106 |106%:
105
Texas & Pac. —1st, Gs, 1905
103
Consol. 6s. 1905
86Wi 86-K
Income and land gr’t. reg.
1st Rio Gr, Dlv., 6s, 1930.
07^3 ••••
{Brokers'’ Quotations.)
Pennsylvania RR—
STATES.
140
Pitts.Ft.W.Afc Chic., 1st m.
So.Carolina—Con., 6s (good)
do
do
2d m.. 128
Browne cons
do
do
3d m..
88%
18%
13
11
85
S8
100
44
15
92
54
27
101
48
17
97
06
SI
104
106
Soutliern Securities.
...!
do
4th mort...
Col. Chic. & I. C., 1st con.,
2d con...
do
do 1st Tr’t Co.ctfs.ass.
do 2d
do
ass.
suppl.
St.L.Va.AcT.H., 1st g.7s,’97
do
2d 7s, 1898
do
2d gtd.7s,’$38
Rome Wat. & Og.—Con. 1 st.
Roch. k Pitts—1st, 0s, 1921
do 1st
do
111
13J
140
100
90
103
±11*6% iiri"
±107%il0S
do
Hav. Div., 6s, 1910.
RAILROADS.
Atlantic Ac Gulf—Consol— mo
Cent. Georgia—Cons, in., 7s 117
142%
Stock
Cliarl’te Col.Ac
7s 108 m
99
2d mortgage, 7s
40
Stock
117
E. Tenn. Va. Ac Ga.—1st, 7s.
KG
Stock
112
Georgia RR.—7s
110
6s
150
Stock........ •••••••*••••••♦
Memp. k Charles—1st cons, 112
1U
1st cons. Tenn. lien
••••••••
121
102
St. Ii.At Iron Mouut’n—1st m ±118
2d mortgage
1M%
116
113
Arkansas Br., 1st mort...
111%
Cairo k Fulton, 1st mort.
Cairo Ark. Ac T., 1st mort.
111%
St. L. Alton & T. II— 1st m. ±120
2d mortgage, pref
?110%
107
do
income
Belleville A So. Ill.. 1st m.
St. P. M- & Mnnit’a—1st, 7s.
2d mort., 0s, 1909
103% 1103%
Dakota Ex. 6s, 1910
99
Tol. Del. k B. r’ds, main 6s.
in
1st Dayton Div.. 0s, 1910.
±90
±98
1st Ter’l Tru t, 6s, 1910...
Wab.St.L.&P.,gen.,0sl920..
do Chic.iliv.,5s,1910
9*3
*100
T.P.&W.,lst7s,1917| 116
Wab. RR.-Mortg.7s of ’70.1 108
do
latest quotations made this week.
51%
Virginia—New 10-40s
Cleve.A Pitts., consol., s.f. ±127
.llf‘6*
I
95
1101
(117
Stock
A.-^Cons.,
•••«••
04%
••
Mississippi Cent.—1st m. 7s
2d mort., 8s
N. O. Ac Jacks.—1st m., 8s.;.
Certificate, 2d mort., 8s...
Northeast., S. C.—let m., 8s.
2d mortgage, 8s
•
Rich.Ac Dan.-Hst cc nsol-,6s
Sto^k
...
Southw. Ga.—Conv .7s, ’86.
Stock »..*•«•••••■*«*' •■.*••• •
S. Carolina RR.- Jt*t m., 7s
Stock, assessmt. paid —
7s, 1902, non-enjoined...
Non-mortg. bonds
Western N.C.—1st m.. 7s..
i No quotation to-day;
C2%
112
120
147
mn
102
42
118
105
112*’
155
116
55%
105
1'0
116
117
124
116
108
112
118
119
07
110
98
104% 106
120
'
106
49
109
70
110
51
112
71%
1079410«%
latest ssle this
week.
I.&
465
CHRONICLE.
THE
30, 1881.]
AJTiTL
SECURITIES.
LOCAL
NEW YORK
Insurance Stock List.
Bank Stock List.
Capital.
Companies.
Mark’d thus (*)
are not Nat’l.
America*
Exchange
Bowery
Am.
Broadway
Butchers’& Dr.
Central..
Chase
Chatham
Chemical
Citizens’
*...
City
.
Commerce
....
Continental,...
Corn Exch’ge*.
East River
11th Ward*....
Fifth
Fifth Avenue*.
....
.....
First
Fourth
Fulton
Gallatin
German Am.*
German Exch.*
Germania*
Greenwich*.
.
Hanover
Imp.* Traders'
Irving
Island City*...
Ss
Surplus
at latest
dates. $
Amount
S-t
LOO 3,000,000
100 5,000,000
250,000
100
25 1,000,000
300,000
25
100 2,000,000
300,000
100
450,000
25
300,000
100
600,000
25
100 1,000,000
100 5,000,000
100 1,000,000
100 1,000,000
25
250,000
100,000
25
150,000
100
100,000
100
100
500,000
100 3 200,00c
30
600,000
50 1,000,000
75
750,000
100
200,000
100
200,000
25
200,000
100 1,000,000
100 1,500,001
50
500,000
50
100,000
Net
1879. 1880.
7k
6
10
16
6
7
1.601.500 M.&N.
203.100 i. & J.
1,263.900 J. & J.
181.700 J. & J
46S.70J r. & .7.
138,900 M. & S.
160.400 J. & J.
.
180.700
2.886.C00
239.200
903.700
67.100
13.5'K)
47.600
257.500
2.602.500
•
3
6
J.
J.
.7.
J.
Leather Manuf. 100
600,000 444 900 J. & J.
Manhattan*.... 50 2,050,000 1,049 500 F.&A
Marine
100
400,000 J 23.100 J. & J.
Market
500,000 306 6u0 J.& J.
100
Mechanics’
25 2,090,000 i.ios.ooo J. & J.
85.000 M.&N.
Mech. Assoc’n. 50
500,000
42.400
Mech’ics & Tr. 25
200,000
170.800 M.&N.
Mercantile
100 1,000,000
Merchants’.
720.500 J. & J.
50 2,000,000
184.400 J. & J.
Merchants’ Ex. 50 1,000,000
70.700 .!.& J.
100
Metropolis*..
300,000
Metropolitan.. 100 3,000.000 1,185.200 J. & J.
Mount Morris*
98,700
76.300 J. & J.
Murray Hill*.. 100 100.000
Nassau*
84,500 M.&N.
100 1,000,000
New York.
750.500 J & J.
100 2,000,000
N. Y. Couutv.. 100
48.000 J. & J.
200,000
88 300 F.&A.
N. Y. N. Lxcli. 100
300,000
Ninth
J. & J.
149.5U0
750.000
100
No. America*.. 70
180.400 I. & J.
700,000
North .River*.
82,970 J. & J.
30
240,000
Oriental*
180.800 J. & J.
25
300,000
Pacific*
50
422,700 231.700 Q-F.
Park
878.000 J.& J.
100 2,000,000
121.300 .1. & .7.
People’s*
25
412,500
Phenlx
221.500 J. & J.
20 1,000,000
v
A
.
7
14
8
3
-
9
8
7
3
9
7
7
8
8
8
4
2X,
8
7
5*
.
.
12
5
8
8
.
Sixth
100/ 200,00U
State of N. Y.. 100! 800,000
Third
100:1,000,000
Tradesmen’s...
40
50
Union
Ualtel State3. 100!
vv eat side*
1001
61,290
310,300
214.100
326 400
776.100
1,000,000
1,200,000
300
250,000
,
8
n
,
tt|f
....
10L
n
-
.
9
7
8
-
.
.
136
las
Jan.. ’81.10
Jan., ’8L. 4
.
.
...
*
..
•
.
....
145
•
....
.4
.
May. ’81. 5
.
•
•
•
....
....
11,1881, for the National bank3
Railroad Stocks and Ronds.
H.Prentiss,Broker, 17 Wall Street.]
Gas Companies.
Par.
25
20
Brooklyn Gas Light Co
Citizens’Gas Co (Bklvn)
1,000
bonds
do
ttarlem
50
20
50
100
V r.
100
Jersey City & Hoboken
Manhattan
Metropolitan
Mutual, N. Y
1,000
bonds.
do
25
Va
100
10
Nassau. Brooklyn
scrip
do
.
Now York
Pv>o’m’s (Brooklyn)
1.000
Pond3
Ponds
Central
oi
new
Var.
50
York
50
Williamsburg
do
i,ono
bonds
100
100
Metropolitan, Brooklyn
Municipal
do
Amount. Period.
Var.
Var.
A.
& ().
315,000
1,850.000 F.&A.
750,000 J.& J.
4,000,000 T.& J.
2,500,000 M.& S.
1,000,000 M. & S.
2,000,000
1,200,000
5,000,000
1,000,000
1,000,000
Quar.
F.& A.
Var
M.&N.
700,000
M.&N.
4,000,000
1.000,000 J. & J.
375,000 \1 &N.
123,000 Var.
466,000 F .& A.
1,000,000 Quar.
1,000,000 A. ft O.
1,000,000 M. &N.
3.000.000
......
750.0001 M. &N.
bonds
100
Fulton Municipal
1 50.),000|
03
M
*
1898
7
.,
Feb., ’81
3X? Feb.,’81
Apr., ’ol
05
1882
10)
2V> Dec. ’80 48
May, ’8! 55
..
1897
1900
7
6
3
2
59
106
80
155
780
137
103
67
104
52
08
8*
|1101
1900
80
63
101
2k Jan., ’811
5
Apr., ’81
1888
6
104
&c!
July, ’SO!
Jan.. ’81
6
105
1
6 >
104
6)
160
110
55
Broidway.]
*
900,000 J. & J.
694,000 J. & J.
100
Bleecker St. & Fult. Ferry—St’k
1st mortgage
l.OfiO
100
2,100,000 Q-J.
Broadway & Seventh Av- St’k
1st mortgage
1,000 11,500,000 -J.&D.
10 2,000,000 Q-F.
Brooklyn City—Stock
1st mortgage
1,000
300,000 M.&N.
100
200,000 Q-J.
Broadway (Brooklyn)—Stock ..
100
400,000 A. & O.
Brooklyn & Hunter's Pt.—St’k
300.000 .). & J
1st mortgage bonds
1,000
100
500,000 J. & J.
Bushwick Av. (B’klyn)—Stock.
100 1,800,000 Q-J.
Central Pk. N. & E. Kiv.—Stock
Consolidated mort. bonds
1,000 1,200,000 J.&D.
100
650,000 F.& A
Christopher & Tenth St.—Stock
Bonds
250,000 J. & J.
1,000
100 1,200,000 Q-F.
Dry Dock E.B.& Batt’ry—Stock
1st mortgage, consolidated .. 500&C
900,000 J.&D.
100 1,000,000 Q-J.
Eighth Avenue—Stock
1st mortgage
203,000 J. & J.
1,000
100
42d St. & Grand St. Ferry—St’k
748,000 M.&N.
1st mortgage
1,000
236,000 A.&O.
....
100
Central Cross Town—Stock
600,000
1st mortgage
1,000
200,00.) M.&N.
100
Houst.W estSt.& Pav.F’y—St’k
250,009
—
—
1st mortgage
Second Avenue—Stock
3d mortgage
Consol, convertible
500
100
1,000
1,000
Extension
Sixth Avenue—Stoofc
1st mortgage
Third Avenue—Stock
1st
1st mortgage
*
..
& J.
1,199,50) J. & J.
A.&O.
150,000
1,050,000 M.&N.
200,000
750,000
500,000
1,000
100 2,000,000
*
,000,000
1,000
100
600,000
500&C
100
mortgage
Twenty-third Street—Stock.
500,0001 J.
1.000
M.&9.
M.&N.
J. & J.
Q—F.
J & T.
F.&A.
M.& N.
n
i
H
2
7
5
7
3
2
23k
J’lv.1900 J05
Apl.» Vl’125
July, ’81 103k
May, ‘81; 185
Nov., ’8 ): 102
Apl„ ’SI 140
Apr., ’81
9-3
1888
102k
2k Jan., ’81 05
2
Apl.. ’81 108
Dec. 1902 112
2k Feb., ’81 90
1898
100
7
3
May, ’81 165
7
June, ’93 114
3
Apl., ’81 175
7
Jan., ’81 100
0
May, ’81 170
7
Apr., ’93 110
40
7
Nov.1904 105
30
7
July. ’94 102k
7
26
110
130
106
170
110
150
100
105
100
112
115
100
110
.
118
....
uo
18C
115
110
200,000
200 000
150,000
200,000
l 000,000
200,000
300,000
200,000
200,000
500,000
200,000
200,000
300,000
250,000
330,000
250,000
Republic
Rutgers’
1
Star
Sterling
Stuyvesant
Tradesmen’s..
United States..
Westchester...
.
10k
10
20
18
20
20
10
11
10
10
10
10
20
20
10
10
|Jan., '81.
Jan.,
Jan.,
Feb.,
Jan.,
Jan.,
Feb.,
5
'SI. 5
’8i. 0
’81. 8
’81.10
’81. 5
*81. 5
’81. 5
’77. 5
’81. 5
•81. 7
’81. 7k
>1. «k
’81. 5
’81. 6
155
110
200
220
260
165
!24
135
00
100
Jau.,
io * 10
220
1,250,136 1340 13-65 13-77 Jan.,
215
601.090 20
15
Apl.,
15
95
Jan.,
10
7
74,067 10
100
Feb.,
10
10
85,590 10
120
133.176 15
Jau.,
15
15
7
Jan., ’8a 3k 95
65.248 io;
8k
105
J an., ’81. 5
10
11
64,071 11
115
11
Jan., ’81. 5
7
145,219
180
10
10
Jan., ’81. 6
1,112,429 10
155
5
12
Jan., •3L.
14
842,087 22
115
5
’81.
10
Jan.,
10
10
129,060
30
30
Jan., *81. 7k 270
336.192 30
7
22,761 7
6k Jan.. ’81. 3
’81. 7k *14*0*
133,251 l?k 12k 12k Ja
its
10
Jaa., ’81. 5
830,627 10^ 20
•si. 5 |80
10
Man.,
10
10
43,118
10)
10
10
Jan., •81. 5
1,639.246 10
2,244 10
3k N’ne Jan., ’79. 3k 75
122
5
10
Man., ’81. 5
148,809 10
95
J an., ’81. 5
10
10
76,779 10
75
5
*81.
10
7
Jan.,
19,166
8k
143
10
10
Mar., *81. 5
303,380 10
200
Jan.. ’81. 10
20
20
207,372 20
63
5
N’ue Jau., ’79. ft
2,297 5
1L0
14
10
Jan., ’81. 5
97,930 Itt
90
10
10
Ja)., ’81. 5
27,857 10
10
9
July, ’80. 4
7,561 10
J n.f •81. 5
110
13
10
162,032 10
60
5
8
10,569 10
July, ’80. 4
145
6
12
’81.
12
Jan.,
102,613
12
105
10
10
Jau., ’81. 5
130,553 10
160
20
12
Jan., ’81. 7
235,204 20
L60
20
14
Jan., ’81. 7
169,491 20
85
10
10
Jan., ’81. 4
30,150 10
120
5
16
13
’81.
10
Jan.,
145,374
112
10
10
Jan., ’81. 5
71,298 12
150
20
14
Tan., '81, 7
149,332 20
115
10
10
Jan., ’81. 5
121.^40 10
150
’81
5
15
10
Jan.,
322,826 20
110
12
10
Feb., ’81. 5
98,666 14
05
1.000 N’ue
N’ne
17,122 N’ne 5
3k J»n., ’81. 3k 70
183
12
13
Jan., ’81. 1
616,643 11
114
8
8
Apl , ’81. 4
100,48)5 10
23)
30
20
20
Jan.. ’81. L0
428.674
113
12
12
Jan., ’81. 6
1U9.091 12
193
20
18
Jan.. ’91. L0
203,668 20
no
12
U
Jan., ’81. 5
105,693 12
132
15
10
’81.
5
10
laa.,
348,454
88
10
10
38,078 10
Jan., ’81. 5
7
Jan., ’81. 3k 70
36,434 5
8k
150
20
20
Jan., ’81. 7
166,673 20
9"13 12-46 1 an., ’81. 5-23 125
175,141 6-2,3
115
’81.
5
10
Jan.,
108,803 12k 12
7
24,475 10
Aur., ’80. 3k 75
8k
113
L0
10
Jan., ’81. 5
136,582 14
103
10
10
83,097 10
Jan., •81. 5
125
5
11
10
227.265 12
J»"., •81.
’81.
5
no
10
10
150.908! 10
Feb.,
20
20
449,571 20
Jaa., •81. 10 203
Jan..
July
..
•
*t
-
»
* r
®
•
•
•
193
*
•
•
•
•
•
•
•
...
176
....
140
70
no
230
.....
100
no
ICO
•
•
•
•
120
.90
... .
...
300
70
150
160
90
162
80
125
100
85
210
70
115
96
75
115
70
150
110
170
170
90
125
118
•
-
•
•
160
,
-
^ ®
Sept..’83 101
Feb.. 'HI 105
J u>y. ’90:110
Feb.,’81 i 180
•July, ’90|108
|Feb ,’81 145
[Quotations by Daniel A. Moran,
•
*
75
105
K0
-
-
1
120
„
.
r
lift
135
ys
....
•
« •
•
«
•
117k
80
110
*
•
.
•
....
Broker, 27 Plus Street.]
PBrCE.
Interest.
Mouths
Rate.
NtW York:
Water stock
1841-63.
Croton water acock. .1315-51.
do
do
..1352-60.
Croton Aqued’ctstock. 1865.
do
pipes and mains...
do
reservoir bonds
Central paik b mds. .1S53-57.
do
..1353^65.
uo
Dock bonds
1870
.
1:75.
do
;
Market stock...:
1S63-68.
iinpr >vement stock....
do
....18t9.
do
•
1369
Consolidated bonds
Street imp. stock
var.
var.
do
do
New Consolidated
Woitcbester County
Coasolidatei
.var.
5
5
6
6
7
6
5
6
7
...i
Feb., May Aug.& Nov.
do
do
do
do
do
do
May & November.
Feb.,May, Aug.* Nov.
do
do
do
5
do
May & November.
6
7
6
7
May & November,
do
do
do
do
7
5
5
*
do
Sg-
?*
Asse3 meat
T
City bonds
do
Park bonds
Water loan bonds
do
do
do
do
do
ao
water loan
do
■
do
do
Jo
do
do
do
do
May * November,
do
do
January a July,
Park bonds
do
Bridge
•AllBrooklyn bonds flat.
due.
Bid. Ask
100
106
1883-1890 104
1884-1011 106
1884-1900 112
1907-1911 118
1898
108
115
1895
1901
125
115
1808
1894-1897 127
107
1889
115
1890
122
1001
107
1888
102
1882
115
1896
122
1894
109
102ft
102
1884
1880
1890
do
1S80-18S3J
lSo3-183l
1915-1924
1900-19M
1904-1912
1886-1902!
1881-1890*!
1830-18*3
1880-18851
1934
j
1907-19101
...
•
•
•
•
.
•
•
115
.
.
•
112
150
JMay, ’JT105 [112
of maturity of bonds.
[Quotations by C. Zabbiskib, 47
Jersey Clty-~
Watei loan tlong..
do
Improvement bonds
Bergen bonds
1869-71.
...1868-69.
101
107
109
129
125
120
109
110
120
116
128
108
lift
123
108
105
110
123
112
103
Broker, 1 New St.]
January & July,
Bridge bonds
do
do
do
Quarterly.
May & November.
....
City Donas
Kings Co. bonds
do
do
do
do
January & July,
[Quotations by N. T. Bssss, Jr.,
Brooklyn-Local lin ir’em’t
Bonds
Payable.
Montgomery St., Jersey City.]
January * July.
January * Jmy.
J. * J. and J * D.
January and July.
!Cft
1895
1899-1902 .11
1891-94 !08
07
1900
.
;
re-insurance, capital and scrip,
106
101
2k Jan., '81 oik
7
Apr., ’So 100
102k
106
7
Oct., ’80 104
This column shows last dividend on stocks, nut the date
Jan.. M
7
7
5
7
5
7
4
7
200,000
300,000
500,000
350,000
14
10
20
20
20
20
10-72
132,245 12
1,425 N’ne
96,599 18
540,073
79,4* 2
447.577
333,121
218,670
493,610
185,227
.115
May, ’81
•Jau.. ’70)
4
3k
...
[Quotations by H. L. Grant, Broker, 145
105
75
’78
Jan., '81 145
Ap
Vl|
7
6
Bid. Ask*
Last Paid.
City Securities.
Apr., *81 113
2Xj Aug., ’80 45
Feb.
1878. 1879. 1880
,
Bid. Ask.
5
7
3
Jan. 1,
1881.*
•
Over all liabilities, including
t Surplus Includes scrip.
0)
Date.
210,000
200,000
Pacific
Park
Peter Cooper..,
Williamsb’g C
[Gis Quotations Dy ueorge
w
Montauk (Bkn)
Nassau (Bkly
National
N. Y. Equitable
New York Fire
N. Y. & Boston
New York City
Standard
.
’
12
200,000
150,000
200,000
200,000
200,000
200,000
200,000
Phenlx
Relief
....
Jan., ’81. 8k
Jan;, ’81. 4
250,000
Mech.&Trad’rs’
People’s
,
Jan.. ’81. 3
May, *81. 3k
Manhattan
Lenox
North River....
.##
.
Longlsl.(Bkn)f
Lorillard
Manuf.* Build.
280,000
150,000
200,000
150,000
390,000
800,000
200,000
Niagara
.
.
.
i:o
....
.Jan.. ’81. 3
Tan. *81. 5
Kings Co.(Bkn)
Mercantile.,
Merchants’...
*
....
6
10
8
6
7
7
7
10
*
Jefferson
Mech’lcs’(Bkn)
*
3‘t
2^
152k
4
3Uj
3
July, ’74. 3 k
141
Feb., ’81. 4
Jan., ’81. 3k
150.000
500,000
200,000
200,000
200,010
150,000
Lalayette(Bkn)
,,
4
200,000
3,000,000
Lamar..
....
,
150.000
Knickerbocker
....
8
8
83
107
’81. 4
200,000
1,000,000
Irving
T
••••••••
,
200.000
Howard
MM
7
-
200,000
Hope
•
3
7
§ The figures in this column are of date Mar.
and of date March 12,1831, for the State banks.
Gas and City
•
Feb., ’81. 3X»
*
1,000,000
1,000,000
..
Importers’* T..
*
*
J an,, ’61. 3>c
too
Jam, ’81. 3
10
7
7
3
German-Ainer.
Germania.
Globe
....
•
6
'
124,000 f'.’& ‘.i!
200,00)
-
7
8
8
6
7
n
-
*
Jan., ’81. 3
Nov., ’80. 3
Jan., ’81. 4
Jan., '81.
Jan., ’81.
May, '81.
Jan., ’81.
Jan., ’HI.
Jan., ’81.
200,010
200,000
204,000
150,000
200,000
Guardian....
Hamilton
Hanover
Hoffman
Home
112
’SI. 8k
Jan., ’81. 5
3
M.&N.
J.& J.
J. & J.
M.&N.
-
7k
6X>
J.&J.
♦
5
3
-
720 500 F.& A'.
129.700 J. & J.
56,200 J. & J.
94,000 J. & J.
175.500 •J. & J.
.
96 k
3k 127
7
140
4
3
’81. 5
Jau.,
Jan.,
300,000
200.000
Greenwich
’79. 3
.
1,000,000
Eagle
Empire City...
Exchange
Farragut
Franklln&Kmp
.
Tan., *81. 3 k 130
96
Jau., ’81. 3
8
7
1,400
50
125,000
Republic
; 100 1,500,000
8t. Nicholas.... 100
500,000
Seventh Ward. 100
300,000
Second
100
300,000
Shoe & Leather .„„i
100
500,000
*81.
’81.
’81.
’80.
250,000
300,000
200,000
Firemen’s
Firemen’s Tr..
....
12
6
8
10
6
__
’80. 3
T
'
.
NOV
.fan.,
Jau..
Jan.,
July,
Ian..;
May,
....
...
•••
95
-
7
6
7
10
7
9
.
,
.Feb, ’81. 3k 137
Jan., ’Si. 4
Jau., '81. 4
145
Jan.. ’81. 4
75
5k May, '81. 3
103
July, ’T9. 2k
7k
...
r
.
♦5
6
210,000
Clinton........
Columbia
Commercial
Continental..
....
•
Feb., ’81. 3
May ’81. 8
May, *81. 3
5
5
5
3
6
7
14
8
90.700
May.
9 ’,500 M.&N.
26 00,1 M.&N.
Bowery
Broadway...,
Brooklyn
Citizens’. ...1
City
Jan., ’81. 3k *119
May, *nl. 8 k 130
Apr., ’81. 4
8
2k
-
Jan!,* 'Hi* 10
30
7
7
400,000
200,000
300,000
200,000
153,000
300,000
..
Jan., ’81. 3k
July ’76. 3
Jan., ’81. 3
1
Amount
American
+
American Exch
,
....
101.800 F.&A.
Par.
Price.
Dividestds.
Surplus
iad
Jan.. ’81. 3k
Feb
’81. 5
7
10
120
6
7
397 300 M.&N.
815, fO) A.& O.
7k
Produce*
May, 'SI
Sk 126k
Jan., ’81. 5
Jan., *81. 8
6k Jan ’81. 3k
7X> Jan., ’81. 4
6
Mar.,’81. 4
6
Jan., '81. 3
Mar., ’81.15
100
1776
Jan., *81. 3k
15
220
May, ‘81.10
8
Jin., ’81. 4
Q-J.‘
....
Capital.
Jau.. *81. 3k 139
7
7
10
16
1,080,500 r. & j.
295.300 I. &
2.007.300 J. &
143.200 J. &
5,200 J. &
Ask.
,
6
ftl-m’ly 100
6
J. & J.
M.&N. 10
8
J.
J. & J.
3k
F.&A. 10
1*
f
I. & J.
T.& J.
6
J. & J.
1,531,606
Bid.
Last Paid.
Companies.
1,584.400 J.& J.
3,330 900
[ Quotations by E. 3. Bailey, Broker,7 Pine Street.]
Prigs.
Dividends.
108
118
140
140
140
123
116
111
116
127
125
CHRONICLE.
THE
466
[VOL, XXXII.
“
The company has now 821 miles of
rails, being an increase of 204 miles in
its road laid with steel
the past year; and thefollowing new equipment has been added: 58 locomotives, 3
sleeping cars, 16 first-class coaches, 13 baggage, postal, mail
and express cars, 3,000 box freight cars, 30 cabooses, 550 stock
Investments
AND
STATE, CITY AND CORPORATION FINANCES.
The Investors’ Supplement contains
complete exhibit of the
States and Cities and of the Stocks and Bonds
of Railroads and other Companies. It U published on the last
Saturday of every other month—viz., February, April, Jane,
August, October and December, and is furnished without extra
charge to all regular subscribers of the Chronicle. Single copies
a
Funded Debt of
sold at
are
$2
cars,
“The entire cost of the
$15,404,261
Common stock
12,404,483
Preferred stock.
Mortgage bonds, including $3,000,000
gage debt on purchased roads
Chronicle,
REPORTS.
are as
.
(For the
year
The report of the President, Mr.
that the gross earnings in 1880 were
Alexander Mitchell, shows
$13,086,118, an increase of
$3,073,298 over 1879. The ©perating expenses increased $2,268,630 and net earnings $804,668. The average price per ton
per mile received for freights for a series of years past has
been
follows
1872, 2 43-100 cents; 1873, 2 50-100 cents; 1874,
2 38-100 cents ; 1875, 2 10-100 cents ; 1876, 2 4-100 cents ; 1877,
2 8-100 cents ; 1878, 1 80-100 cents ; 1879. 1 72-100 cents ; 1880,
1 76 1-100 cents.
“
as
In
:
last report
our
it
was
stated that the
company
owned
and operated 2,231 miles of railway, of which 199 miles were
embraced temporarily
in other organizations. Of these 199
miles, 120 have since been transferred to this company, consist¬
ing of the Viroqua Railway (32 miles), the Madison & Portage
Railroad (39 miles), both
in Wisconsin, and the Dubuque
Railroad, extending from Farley to Cedar
Rapids, in Iowa (49 miles). The Minnesota Midland (59 miles)
and the Oshkosh & Mississippi (20 miles) are still held and
Southwestern
operated by the
ties of both
company on contracts of lease ; but the securi¬
almost wholly owned by this company. The
are
following roads have been purchased during the
year:
Milts.
Hastings A Dakota extension, from Glencoe to Ortonville
128
Southern Minnesota Railway.
347
324
109
/.
Chicago Clinton Dubuque A Minnesota Railroad
Wisconsin Valley Railroad
Mineral Point Railroad
•.
Pine River Valley A Stevens
51
Point Railroad.
Chicago A Pacific Railway
•Sioux City A Dakota Railroad
Making of lines purchased a total of
The following addition to the
been constructed during the year.
“
16
89
131
company
have
Miles.
3
Lanark Junotion
;.
An extension of the La Crosse A Davenport Division, from Fayette
26
to a point on the Iowa & Dakota Division near Fort Atkinson
An extension from Brodhead, on thePrairie du Chien Division, to
25
.
Albany
7
From Janesville to Beloit
An extension of the Hastings A Dakota Division, from Ortonville
west
A branch from Milbank Junction, on said division, in a northwesterly
direction
,
14
78
10
8
80
operated
Freight cars
Coal and other
cars
3,775
299
231
425
3,956
4,316
849
914
5,931
1,372
10,530
2,810
1,412,663
1,555,446
2,127,501
1,780.169
5,627,906
706,819
2,011,496
5,750,497
680,774
2,273,701
6,850,755
3,159,051
888,363
1,042,841
8,114,894
8,451,767
$
10,012,819
13,086,119
845,883
748,143
2,581,029
1,037,643
319
65,498,189 78,119,592 111,561,919
3-09 cts.
2-93 cts.
2*84 cts.
1,955,699
2,559,734 3,260,553
Freight (tons) mil’ge.271,598,133 321,818,902 401,595,734 504,876,154
Av. rate p. ton p. mile
2*08 cts.
1*80 cts.
1*72 cts.
1*76 ct»
Passenger
Freight
Mail,
efimess, Ac*...
Total gross
eam’gs.
$
Overating expenses—
808,090
Maint. of way, Ac
677,288
Maint. of equipment.
Transports expeu’&t 2,277,109
301,109
Taxes. ..v
38,593
Miscellaneous
438,244
Extraordinary
Total operating, exp.
earnings
P.c. of op.ex. to ear’g*
Net
8,884,227
$
$
306.614
45,906
264,738
784,400
2,944,408
329,965
46,522
1,549,279
1,086,899
4,073,756
375,028
45,914
330,856
611,549
4,540,433
3,574,461
4,792,313
3,659,454
5,473,794
4,539,025
7,742,425
5,343,694
5600
5670
54*70
5920
Including elevators, stock-yards, Ac.
Including elevators, stock-yards, personal
property, legal, insurance, rent of cars, Ac.
*
t
injuries and damages te
INCOME ACCOUNT.
Receipts—
Balance January
Net earnings
Other receipts
1...
Total Income
Disbursements—
Interest on debt. .;..
Miscellaneous
Divs. on pref. stock *.
Divs. on com. stock
1877.
1878.
1879.
1880.
$
1,433,645
$
2,359,306
$
2,520,074
$
3,531,53*
3,574,461
3,659,454
4,539,024
13,430
74,517
324,298
5,008,106
6,032,190
$
2,135,730
32,040
1,289,346
7,133,615
9,199,530
2,287,407
2,359,306
5,008,106
$
2,162,159
4,034
429,607
53,000
Sinking fund
Total
,
$
5,343,694
$
2,837,385
859.564
859,564
11,078,298
55,000
2,520,074
385,106
70,000
3,531,538
4,343,283
6,032,190
7,133,615
9,199,530
81,000
dividends on preferred stock was stated as payable
the previous year as follows: In 1877, $429,607;
3 1878, $859,564: in 1879. $429.781; and in 1880, $429,781.
t $968,931 paid out of earnings of 1879.
*
A portion of these
at of tho earnings of
GENERAL BALANCE AT CLOSE OF EACH
28
1877.
Assets—
7
■
“
nect with the "Southwestern Division of this company near
Lanark. That connection has been made, and the company
now owns a direct route from Chicago to the
Mississippi River
Savanna, and thence westerly to Marion and Cedar Rapids.
The distance from Marion to the Missouri River at Council
Bluffs is about 265 miles, and with the construction of a line
between these points the company would have as direct and
short a line from Chicago to Council Bluffs as any other com¬
*
purchase of the Southern Minnesota
and Southern Minnesota Railway Extension companies, this
company became the beneficial owner of 315,000 acres of excel¬
lent land near the lines of those companies. The company has
also received from the Government, on account of the exten¬
sion of the line from Algona to Sheldon, in Iowa, 120,000 acres,
and by a settlement with the McGregor & Missouri River Rail¬
road Company, 130,000 acres. It has also claims on the Gov¬
ernment, which it hopes will be recognized, for 170,000 acres in
A land department has been organized and is now
•disposing of these lands, which have much to commend them to
settlers, and are in good demand.” * * *
$
1878.
$
:ailroad,equipm’t,Ac 56,886,833 59,001,257
toeks owned, cost...
1,515,750
lillsAacc’tsrec’vable
[aterials. fuel, &c.
lash
lOU Uli
on 1H111U
hand
aven. A N’west RR
iscelianeous items..
2,359
226
192
OPERATIONS AND FISCAL RESULTS.
londs owned, cost...
addition.
1,772
214
177
Operations—
Passengers carried...
1,139,621
Passenger mileage... 55,925,449
Rate per pass. p. mile
3*21 cts.
Freight (tons) moved
1,687,057
349
*
1,412
..
purchased and constructed give an increase of
1,544 miles, and make the company now the owner of 3,775
miles of completed road.” * * *
The purchase of the Chicago & Pacific Railway gave the
company a line directly west from the city of Chicago to Rock
River, which required only the construction of 26 miles to con¬
*
128
...
13
The roads
“In connection with the
3,775
260
22
8ioux City A Dakota Division
From St. Paul to Minneapolis
l
From Flandreau, in Dakota, on tho Southern Minnesota Division,
west to Madison
A branch from Egan, on said division, to Doll Rapids
An extension of the Dubuque Division, from Midland Junction to
Clinton
pany.”
1880.
Locomotives
Pass., mail A exp. cars
Balance, surplus
28
at
1879.
2,231
..
From Minneapolis to Benton, on the Hastings A Dakota Division...
From Bridgewater westerly through Mitchell, Iowa A Dakota
Division
From Rock Valley, on the Iowa A Dakota Division, to Eden, on the
“
1878.
1,512
1,195'
lines of the
A branch to Libertyville from the Chicago A Milwaukee Division...
An extension of the Chicago & Pacific Division, from Byron to
Making in all, constructed
Total
$97,980,744
per mile.”
EQUIPMENT.
1877.
1,412
Miles owned
Miles l’s’d A control’d
ending December 31,1880.)
$25,955
follows:
ROAD AND
Chicago Milwaukee & St. Paul.
70,172,000
compiled in the usual form for the
Statistics for four years,
ANNUAL
of pre-existing mort¬
Making a total of
3,775 miles of road, being at the rate of
on
per copy.
700 flat and coal
1 steam excavator.
company’s property, including rolling
stock, depot grounds, cattle yards, elevators, warehouses,
docks, &c.t is represented by—
cars,
'
353:i7l}
353,171
161,653
2,469,096
19 ).186
1,181,017
185,610
133,127
976,160
Uji-uv
264,565
318,660
60,562,205
$
15,404,261
Stock, common
12,279,483
Stock, preferred
Bonds(see Supplem’t) 29,954,500
All other dues & aec’ts
200,099
Income account
2,359,306
364,556
Unpaid pay-rolls, Ac.
63,083,910
$
15,404,261
..
........
FISCAL YEAR.
1879.
$
Liabilities—
12,279,4*3
32,088,500
305,877
2,520,074
484,715
483,604
385,971
801,694
112,329
60,562,205
783,992
564,715
382,951
^
—7
- - --
232,/36
74,066,074 103,313,644
$
$
15,404,261 15,404,261
12,279,483 12,401,483
41,349,500 167,172,000
711,365
2,067,165
4,343,283
1,048,541
63,083,910 .74,066,074
103,313,644
789.927
3,531,538
Advances
Total liabilities...
$
63,399,448 99,185,683
7,133,028 *2,163,567
1,750,000
Total
1880.
873,911
in this item from 1879 is caused by the merging
system of several roads whose bonds .and stocks
were held, and which roads are now included under “ construction.
The items in 1880 were as follows: Stock and bonds of Dubuque South¬
western RR., $218,033; bonds, stocks, Ac., of Minn. Midland, $307,7ol;
Madison A Portage RR. bonds, $381,271; Oshkosh A Mississippi River
RR. bonds, $205,000; Sioux City A Dakota stock and bonds, $508,8/1;
Dakota So. stock and bonds, $81,390; McGregor A Mo. R., $450,00O;
Clear Lake Park bonds, $3,000; City of Hastings bonds. $7,700.
t This item was increased by "the issue of the following bonds: Consol,
mort., $1,700,000; Iowa A Dakota extension, $726,000; La Crosse A
Davenport, $715,000; Chicago A Pacific, $3,000,000; Hastings A Dak.
Div., $4,060,000; Southern Minnesota, $6,800,000; Mineral Point,
$1,200,000; Dubuque Div., $6,022,000; Iowa A Dakota Div., $5,000;
Wisconsin Valley, $1,700,000; land grant incomes, $373,000; total
increase, $26,301,000. Bonds already issued were decreased to t,h«
extent of $478,000, making tho net increase $25,822,500.
*
The lar£e decrease
into the C. M. A St. P.
*
(For the year ending Dec. 31, 1880.)
MAIN LINE & ALTON BRANCH.
The
1879.
$643,367
271,941
19,835
Freight
Passengers
.
Express
18*0.
$945,240
312,904
22,523
26,986
77,892
20,344
116,650
$1,040,023
$1,417,663
Mail
Miscellaneous
Total
*
Showing increased earnings in 1880 over 1879 of $377,639.
The expenses in 1880 were $980,723—an increase of $243,702
over the expenditures of 1879.
The expenses of 1880 absorbed
69*17 per cent of the earnings, as compared with 70 9 per cent
in the preceding year. Of the annual minimum rental of
$450,000 due this company, the lessee company paid $422,283
under the order of Court requiring the payment of 30 per
cent of the gross earnings, leaving a rental balance of $27,716
due for 1880. The total balance due from the lessee company,
December 31, 1880, on rental account, amounted to $490,204.
This portion of your road has been indifferently maintained
during the year. Indeed the superficial improvements and
renewals made by the lessee companv, for the past ten
years, to the leased plant have resulted in a general impair¬
ment of the property.” * * “ The pending suit against the
lessee company and the guarantors, to enforce the provisions
of the lease, is progressing satisfactorily.” * *
“
■‘‘The
Belleville Branch (or Belleville Division) owned
company ;
{For the half-year ending January 31,1881.)
est, have been redeemed. Five per cent perpetual debenture
stock, amounting to £61,500, has been issued during the halfyear.
The
Interest, loss
GROSS EARNINGS.
From—
1879.
1880.
Passengers
$116,847
$150,313
Increase.
44,107
299,999
77,956
Express
5,243
8,420
Miscellaneous
8,797
11,188
3,177
$565,602
289,751
$729,078
$163,476
352,230
62,478
$275,850
$376,847
freight
8,544
Total
Expenses
Net
earnings
10,923
2,378
2,390
$100,997
of $30,276 was
“ Of this total increase of $163,476, the sum
earned from July 1 to December 31 on the Eldorado
,
Division
(Belleville & Eldorado Railroad) leaving an increase of earnings
on the Belleville and Du Quoin divisions, of 133,200 as com¬
pared with the preceding year. This handsome result has been
attained partly by the lease of the Bellville & Eldorado Rail¬
road, and partly by the increased improvements of rates on the
transportation of coal and general traffic between St. Louis and
Belleville.”
INCOMB ACCOUNT FOR
1880.
Debit.
u
Interest
on
$474,000
9,583
2,651
funded debt
Main line expenses
Main line legal expenses
New
leased lines, &c...
352,230
147,344
Rental B. & S. I. RR
Rental B. & E. RR
9,082
•‘735,286
Balance
$1,774,130
Credit.
Balance from 1879
Minimum rental main line
$158,179
Earnings Cairo Short Line
729,078
450,000
committee, collected from
4,095
450
Interest
Land sold
1879-80.
Increase*
£461,140
£51,002
283,740
31,896
£197,506
98,734
£177,400
98,190
£20,106
£98,772
£79,210
£19,562
9,246
.
9,246
544
........
Expenses include transfers to reserve funds, and were 61*51
cent of net earnings, against 61*25 per cent last year. The statement of revenue for the entire year is as follows:
earnings
Expenses
Increase.
£950,476
1879.
£826.911
616,765
560,710
56,055
£333.711
201,879
£266,201
197,162
£67,510
4,717
£131,832
18,493
£69,039
£62,793
18,493
£150,325
£69,039
£81,286
18S0.
Gross
.
£123.565
Charlotte Columbia & Augusta.
The
{For the year ending Sept. 30, 1881.)
earnings of the year were as follows :
1878-79.
1879-80.
$132,521
Freight....
Mails, etc
...$152,623
359,366
29,126
Total
...$541,116
$478,491
356,549
245,822
Passage
Expenses
Net earnings
The income and
$184,566
profit and loss accounts were as
.Net earnings, as above
Interest on all debt
298.473
47,490
$232,669
follows
:
$184,566
:
191,023
Deficit for the year
$6,456
*
632
Judgment paid Carolina Central Co
$7,089
Total
Profit and loss
Collected
on
$105,121
Sept. 30, 1879
1,360
old accounts
$1,774,130
106,482
$99,392
Balance, Sept. 30, 1880...,
Little Rock & Fort Smith.
{For the year ending December 31, 1880.)
annual
The
report gives the number of miles of railroad in
operation as follows: Little Rock to Fort Smith, 165 miles;
branch from Russellville to Ouita, 2 miles; branch, Ward’s
Junction, 1 mile; total, 168 miles.
Gross earnings, $510,287;
operating expenses, $257,828; net earnings,
$252,459.
EARNINGS AND EXPENSES FOR FOUR YEARS.
1877.
$82,709
172,353
3,493
3,665
Passengers
Freight
Express
Telegraph
Miscellaneous
Operating expenses
..
1879.
1880.
$111,052
$170,742
307,522
3,718
4,631
10,347
1,888
227,844
7,125
5,301
9,959
9,404
$276,101
$2^ff$54
$370,686
$510,287
189, L22
257,828
10,160
United States Mail
1878.
$101,129
161,921
167,083
4,274
171,806
earnings.:
$117,548
$114,179
$181,563
The land department shows the following results of
tions for the year ending December 31, 1880 :
12,309
6,165
9,679
3,667
$252,459
Not
432,327
purchasing committee
1880-81.
£513,042
per
43,950
equipment
Transportation expenses, Cairo Short Line
Net amount received from special
follows:
Det. G. H. & Mil. dividend
$33,466
248,233
222,043
.
on
the Belleville & Southern Illinois Railroad (or Du
204,126
as
315,536
Quoin Division), and the Belleville & Eldorado Railroad (or
Coal
Miscellaneous
Mail
account is
revenue
by the
Eldorado Division), leased lines, form what is commonly known
as the * Cairo
Short Line.* The gross earnings of this line
for 1880, compared with those of 1879, are as follows :
109^1.
For the half-year the total charges to capital account amount,
less credits, to £7,775. Terminable bonds amounting to £67,400,
of which £58,900 bearing 7 per cent and £8,500 6 per cent inter¬
Detroit G. H. & Mil. Div.
CAIRO SHORT LINE DIVISION.
82,38ft
221.567
3*4*1.
5*$d.
1,407,458
65Pid.
Great Western of Canada.
receipts of the Indianapolis & St. Louis Railroad Com¬
lessee, from this portion of the property, were as follows:
From—
1,102,701
1,185,089
1,626,035
es^d.
115d.
Passengers carried
Tons freight carried
Average receipts per passenger
Average receipts per ton
Increase.
1879.
1880.
Haute Railroad.
St. Louis Alton & Terre
pany,
407
THE CHRONICLE.
30, 1881.]
Atril
its opera¬
73,590
Number of acres sold
$3 92
1,394
each sale
53
balance, but is composed principally of claims for rent against the lessees Aggregate of sales
$288,406
that are now being litigated, and of the nominal par of equipment mort¬ Average expense per acre of selling
82 cents.
gage bonds, received In part settlement of the suit against the purchasing
Amt. of taxes paid on the land (taxes for 1879 paid in 1880).
$12,294
*
The credit balance of the income account is not
an
actual cash
committee.
Average price per acre
Number of sales made
Average number of acres to
Amount of land notes in hands trustees
Amount of iuterest due on the notes at maturity
Total number of acres sold to December 31, 1880,
ber canceled
Acres remaining unsold
Grand Trunk of Canada.
less num¬
$568,690
$122,000
{For the half-year ending Dec. 31, 1880.)
848,604
This company's report for the half-year ending December 31,
Mr. J. H. Converse, the President, remarks in his report: “At
1880, covers 1,273 miles worked, against 1,299 in 1879. Charges no time in the history of your road has there been so much in¬
to capital account during the year were £283,423, of which quiry for land on its line as at the present, and every indica¬
£266,949 for pre-preferential securities redeemed with proceeds tion warrants the belief that the sales of land will continue to
of debenture stock, £50,707 for new work, £19,200 for new increase each year over the preceding until the lands shall be
equipment and £6,502 for land and land damages.
nearly disposed of.” * * *
Since the reorganization of this company, in December,
The earnings, &c., for the half-year were:
1879.
Increase.
1880.
1875, the work of filling and replacing all temporary structures
£978,202
£180,205 has been carried on, until it is now about completed. This will
£1,158,407
71.087
712,807
7S3.894
Expenses
result in a material reduction in cost of maintaining the road.
“
.
.
Interest
on
Inti Bridge.
Total
.
Per cent of expenses
The traffic
reported for the
£374.513
£265,395
13,032
10,121
11,836
£397.666
67*67
£277.231
72*87
year was as
follows:
£109,118
1,196
10,121
£120,435
There has been added every year new
stock “ ^ ^ ^
“
The Little Rock Mississippi & Texas
equipment and rolling
Railway, which is now
completed to Little Rock, affords us another line of communica¬
tion with the Mississippi River, and shortens the distance from
our road to New Orleans by nearly three hundred miles.”
THE
468
GENERAL INVESTMENT
CHRONICLE.
taxed
NEWS.
[Voi. XXXII.
real estate.
as
The committee afterward submitted
communication, which contained the following
“
Brooklyn Elevated Railroad.—Work has been resumed on
the Brooklyn Elevated Railroad, several men being employed
in laying foundation stones in Washington Street, between
Water and Main streets. Nearly all of the foundations between
Fulton Ferry and East New York are laid, and one-third of the
iron structure is up, The Receivers of the road now claim that
the time for completing the road will not expire until 1884,
instead of May 26, 1881, as heretofore supposed. This is due
to legislative enactments extending the time for completing
railroads outside of this city.—iY. Y. Tribune.
Central of New Jersey.—Messrs. Jay Gould, Frederick C.
Potts, G. G. Haven, F. B. Lathrop and T. B. Frelinghuysen,
met April 26, and discussed the suoject of connecting the New
Jersey Central and Wabash St. Louis & Pacific railways. A
committee was appointed to close the negotiations for this
Western combination. The connection with the Wabash sys¬
tem will probably be made at a point near Youngstown, Ohio,
and will
require the building of
a
link of 70 miles of
new
road.
Indiana Bloomington & Western—The governing committee
of the Stock Exchange have admitted the following securities
to the list: New stock to the amount of $8,500,000.
The company’s official statement says: An agreement has
been entered into and formally ratified by the stockholders of
both companies, in conformity with the statutes, for the con¬
solidation of the stocks, property and franchises of the Indiana
Bloomington & Western Railway Company with those of the
To the Mayor,
York:
a
:
Controller and Corporation Counsel of the City of New
“The Manhattan Railway
Company, representing and operat¬
ing all the elevated railroads in the City of New York, begs
leave to submit to you the following facts in regard to its
financial condition, for the purpose of securing your earnest
co-operation in the measure herein proposed of relief from
taxes.
The belief
seems
to have obtained circulation
that the
operating of the elevated roads is a source of great profit to
the company now managing them, and that therefore the
imposing of large taxes is only a fair share of city burdens to
be placed upon them. Such is, unfortunately, not true. The
official report for the year ending September 30, 1880, made
to the State Engineer, shows that the roads were operated that
year at a loss of about $500,000 to the Manhattan Company.
This did not include the thxes on structure and capital, which
were fixed by the city at about $650,000.
“For the current year it is estimated, if the earnings continue
to increase in the same ratio as during the past six months, the
gross
receipts will be about
The operating expenses it is believed will be, G5 per cent—
$5,200,000
3,380,000
Leaving applicable to taxes, interest on bonds, &c —:
$1,820,000
“
The mortgage bonds now issued and outstanding on all the
roads amount to $21,318,000—the annual interest on which is
Quite an amount of additional
bonds will have to be issued soon to pay for needed terminal
facilities and additional new equipment, which will consider¬
$1,364,080, say $3,737 per day.
ably increase this interest charge.
“The company’s taxes for the current year, levied on the basis
of last year, will be about $750,000, or over $2,000 per day.
way Company,” with an authorized capital stock of $10,000,000.
The company has issued, in trust, $8,500,000 for the following Our profit and loss account, for the year will then stand as
Ohio Indiana & Pacific Railway Company, forming one
company
under the. name of the “Indiana Bloomington & Western Rail¬
follows:
purposes :
For exchange
For exchange
for ol<l stock
for income bonds
$5,000,000
3,000,000
.
Other purposes of the company
Total
500,000
'
Ill., 202 miles, being the line of the old Indiana Bloom¬
ington & Western Railway Company. The consolidated
pany has also leased, and will operate, the following :
com¬
Miles.
Cincinnati Sandusky & Cleveland Railroad—Line of road, San¬
dusky, Ohio, to Dayton, Ohio
Ohio, to Findlay, Ohio
151
Branch liue, Carey,
•
16
Total length
170
Deduct
Springfield, Ohio, to Dayton, Ohio (leased to Cincinnati &
Springfield Railway Company)
24
146
Colnmbus
Springfield & Cincinnati Railroad, Springfield. Ohio, to
Columbus, Ohio
44
190
The consolidated company
has also in course of construction
(being the line of the late Ohio Indiana & Pacific Company) 135
miles.
The new consolidated company has assumed the funded debt
of the old Indiana Bloomington & Western Railway Company,
amounting to $7,500,000.
«
The new consolidated company is now ready to issue its
stock. The holder of each share of the old company’s stock
will be entitled to receive, on the surrender of his certificate, two
shares of $100 each of the stock of the new company. By virtue
of an arrangement effected with the stockholders of the late
Ohio Indiana & Pacific Railway Company, this
company offers,
up to and including June 30,1881, to the holders of the old income
bonds, the option to convert their bonds into the stock of the
new company at the same rate, that is to
say, two shares of
$100 each of stock will be given for each $100 of income bonds.
On and after July 1, 1881, for a limited time, the income bonds
which shall not have been converted into stock will be convertible
into new consolidated mortgage income bonds, dollar for dollar.
—Dispatches from Indianapolis
say
that the lease of the
Cincinnati Sandusky & Cleveland to the new Indiana Blooming-*
ton & Western was ratified Thursday by the stockholders of the
latter company, about 85 per cent of the entire stock having
voted in its favor; the stockholders of Cincinnati Sandusky &
Cleveland had previous^ ratified it, and the I. B. & W. will
take possession on Monday; also that the I. B. & W. has made
$3,380,000
1,364,030
i Amount of levy
Less
$8,500,000
included
in
expenses....
The new consolidated company is the absolute owner of, and
has in full operation, a line of railway from Indianapolis, Ind.,
to Pekin,
$5,200,000
Gross earnings
Operating expenses
Interest on bonds
operating
$750,000
G50,000—5,394,080
100,000—
$194,080
Deficit
if the company is obliged to pay the full
amount of this year’s taxes it will be unable to pay even the
interest on the present mortgage debt of the roads.
There will
be a deficiency as above shown of nearly $530 per day, or about
“That is to say,
$200,000 for the
year.
.
“In addition to the heavy burden above recited, there still re*
main the taxes for 1879 and 1880 unpaid and in arrears, amount¬
ing to the large sum of $960,000, for which, under the recent de¬
cision of the Court of Appeals, this company is liable. To insist
on the payment of this amount of arrears of taxes would be sim¬
ply to force the company into bankruptcy.” ***** “Dur¬
ing the third year, 1S80-’81, we find that these hopes [of increased
profits] are not realized; for while the gross receipts are satisfac¬
torily large and quite equal to expectations,, the expenses have
increased in even greater proportion, leaving the net income
much less than the year before, and that, too, on an added
mileage and capital. This unlooked-for increase in expenses is
ascertained to hare been caused by: (1) A rise in the price^of
coal. In 1879 it cost us $2 50 per ton; a year ago we paid $3 30;
now it costs $4 30 per ton, and for the balance of the year we
are asked $4 60.
We consume very nearly 400 tons per day.
(2) The wages of all classes of our employees have been in¬
creased an average of fully 15 per cent (or more than $20,000
per month) over last year. The men are even now clamoring
for a still further advance.6 (3) The cost of oil and iron ana
most all other articles consumed on the road is greater.
(4)
The repairs to structures and rolling stock are very much in ex¬
cess of anything that anybody every expected.
For the first
two years, when everything was new, the repairs of course were
slight; now we feel the full effect of wear and tear.” * * *\ *
We ask you, therefore, if you will not co-operate with us in
getting an act passed by the Legislature, at its present session,
relieving this company from all other form of taxation, and sub¬
stituting a tax of, say 5 per cent on the net earnings, or an
equivalent tax on the gross earnings of, say 2 per cent. We
further pray that we be relieved from paying, any part of the
arrearages of taxes for 1879 and 1880. Respectfully submitted,
“Robert M. Gallaway, President.
“New York, April 25, 1881.”
.
“
The
figures given by the President of the Manhattan Com¬
running arrangement with the Ohio Southern which, with pany in his letter to the Mayor, Controller and Corporation
the Cincinnati Sandusky & Cleveland, gives the Indiana Bloom¬ Counsel were from the
report made to the State Engineer for
ington & Western a large coal and iron traffic North and West.
the year ending September 30,1880. From trustworthy sour«es
figures have been obtained, showing the opera¬
Louisiana.—Attorney-General Ward of New York has author¬ the following
tions of the elevated roads up to a period four months later:
ized an action to be begun on behalf of New York State
against
the State of Louisiana, upon overdue coupons of the State
TOTAL NET EARNINGS FOR TWELVE MONTHS ENDING FEB. 1, 1881.
of Louisiana, under chapter 29S of the laws of 1880, to
Ninth
Sixth
Second
Third
protect
Avenue.
Avenue.
Avenue.
1880.
Avenue.
the rights of citizens of this State, which authorizes the State
$3,552
$57,065
$
$93,288
to sue on claims assigned to it by citizens of the State. This is February
4,444
March
65,368
6,069
79,139
the first action instituted under the law, and involves a number April
5,308
63,215
88,740
9,382
8,465
of important legal questions.
71,552
May
11,333
83,895
10,159
Juno
56,923
74,728
10,443
Manhattan
10,624
Metropolitan — New York Elevated. — Mr. July
39,257
9,202
64,911
Robert M. Gallaway, President of the Manhattan
10,063
38,282
02,388
10,290
Company, August
9,791
a
<•
—
with
of the directors interested in the elevated railroads,
recently called upon the Mayor, Controller and Corporation
Counsel, and asked to be relieved in part from the taxation
imposed upon the railroads which they represented. This
action was caused by the decision of the Court of Appeals
that
the entire structure of each of the elevated railroaas could be
some
September
17,450
80,313
October
November
December
16,795
86,369
56,208
61,320
14,922
15,693
76,641
82,235
January, 1881...
15,195
84,151
58,980
67,650
53,420
Total
$136,774
Grand total of all lines
$961,748
,
$695,240
7,259
5,710
'5,206
10,491
$91,072
$1,884,>534
,
AntiL
THE
30,1S81.J
CHEONLCLE.
469
Total not earning for the twelve mouths of Second aud
Sixth Avenue linos
$832,014
Interest account, 0 per cent on $12,800,000 bonds..$708,000
Taxes on structure aud personalty for 1880
217,420— 935,420
an early
hearing in the appeal case. The MeCalmont people in
consenting to this, say, however, that they do not concede the
right of appeal to the other side. To-morrow the McCalrnonts
will file a supplementary bill, in the Common Pleas
Court,
Deficiency of Second and Sixth Avenue lines to pay interest
asking
for an injunction to restrain Mr. Gowen and the old
and taxes
;
$153,412
board from acting in the affairs of the
Total net earnings for the twelve months of Third and Ninth
company.”
Avenue lines
—The following is the monthly comparative statement of
$1,052,820
Interest, 7 per cent on $8,500,000 bonds
$595,000
gross receipts, tonnage and passengers of the Philadelphia &
Taxes
251,184— 846,181
Reading Railroad Company for the mouth of March, 1881 and
Surplus of Third and Ninth Avenue lines over interest and
1880:
taxes
$20G,636
GROSS RECEIPTS.
Not
4.
.
counting 5
per
cent
on
net earnings.
Missouri Kansas & Texas —Missouri Pacific—International
& Great Northern—Texas & Pacific—New Orleans Pacific.
—As to the
grand consolidation of these roads, it is now reported
that, on the 7th of May, the International & Great Northern
road will be practically consolidated with the Missouri Kansas &
Texas, and on the 18th of May this consolidated company will
pass under control of the Missouri Pacific, leaving the final
consolidation to be made .between Missouri Pacific, Texas Pacific
and New Orleans Pacific.
The owners of a majority of International & Great Northern
Railroad stock sell their stock to the International
-1881.
March.
-1880.March.
4 Months.
4 Months.
Railroad trafilo
$1,526,268
Canal traffic
15,380
Steam colliers
51,435
Richmond coal barges..
7,4S4
$3,362,417 $1,436,945
Total Railroad
$1,600,568
Road. Coal & Iron Co...
924,530
Total of all
$2,525,107
$3,174,6111
21,520
201,051
6,893
37,973
227,950
22,170
7,571
29,640
$5,610,159 $1,489,389
$5,467,707
-
3,445,425
35,503
927,670
'2,854,476
$9,055,581 $2,417,059
$8,322,134
Comparative statement of earnings, expenses and net earnings
of the Reading Railroad and the Coal & Iron
Company for
Railway March, 1881:
Improvement Company, and take in payment for each share of
International & Great Northern two shares of Missouri Kansas
& Texas Railroad Company stock.
The consolidation between Texas & Pacific and St. Louis &
Iron Mountain is reported to be in progress. The agreement of
consolidation on the part of a majority of the stockholders in
both companies, which will be submitted at a meeting of the
directors of both roads, is said to be that the Texas
Pacific
directors shall issue consolidated stock to the holders of the
Iron Mountain stock, aud in consideration of
absorbing the
latter road will give a concession of about five per cent.
Panama Railroad.—Negotiations have been pending for
some time for the sale of this railroad to the De
Lesseps InterOcean Canal Company. Rut it is stated that no agreement
has been reached. An officer of the railroad company stated
that several conferences had been held between Trenor W.
Park and representatives of De Lesseps, in the office of J. &
W. Seligman & Co., recently. Any agreement would have to
be confirmed by the directors of the railroad, whose meeting
would not take place before May 12. It was also added that
Mr. Park had offered to transfer a majority of the stock at a
certain price, providing other holders should be allowed the
same terms.
Pennsylvania Railroad.—The gross and net earnings in
quarter of the year are compiled for the
Chronicle, showing an increase in both gross and net earnings:
March and for the first
ALL LINES EAST OF PITTSBURG AND ERIE.
Gross
1831.
January
February
March
Total
As to
Earnings.
Net Earnings.-
«.
1880.
1881.
1880.
$3,189,215
$3,083,551
3,095.614
3,844,304
$1,366,293
2,944,576
3,278,186
$1,206,*61
1,153,104
1,799,226
$10,129,133
$9,306,313
$4,163,991
$4,109,528
1,232,182
1,511,2-18
the lines west of
Pittsburg and Erie, the monthly
reports issued in 1880 and for the current year show the results
below. The company’s report states the decrease since Jan. 1,
this year, against the same period in 1880, as $82,192.
ALL
Net
LINES
WEST
OP
PITTSBURG.
Surjtlus over all Liabilities.
Gain
January
February
March
Net total
or
18S0.
$331,539
Gain..
$76,235
411,901
$305,304
116,710
1557,171
Gain..
Loss
115,270
$966,937
$979,185
Loss
$12,248
in 18SI.
..
Gross receipts
Gross expenses
26.787
Philadelphia & Reading.—In the United States Circuit
Court in Philadelphia on April 23, Judge McKennm made the
decree enjoining the Philadelphia & Reading Railroad Company
from issuing the deferred income bonds.
On April 27 Judges McKennan and Butler made the following
decree restraining the issue of the “ blanket ” mortgage bonds
by the Philadelphia & Reading Railroad Company
:
It'is ordered and decreed that, until the final hearing of this case, or
until further order of this Court, the defendant corporation and the other
defendants are enjoined from executing this mortgage upon the property
of the company for $150,000,000. as mentioned in the bill; and from
executing any bonds or obligations secured by such mortgage upon the
property of the company, and from doing any act toward the carrying
out of the scheme of an issue of bonds or obligations as a part of an
issue or issues amounting in the aggregage to $150,000,000, to be
secured as set forth iu the bill aud the exhibits thereto attached.”
“
380-
,
months.
4
March.
$1,600,563. $5,610,159
Net profit
4 months.
918,112
3,377,018
$1,489,389
859,113
$682,456
$2,233,110
$630,276
$5,467,707
$2,359,974
3,107,733
Comparative statement of business of the Philadelphia &
Reading Coal & Iron Company for March, 1881:
-1881.
Receipts
Expenses
Profit
-1830.
March.
4 months.
$424,539
890,286
$3,445,425
$927,670
3,235,198
872,214
March.
,
4 months.
$2,854,476
3,059,265
*
$34,252
$716,709
$210,226
$55,456 L’s.$204,788
$2,413,337
$635,732 $2,155,185
Richmond & D.inville—Messrs. John A. Hambleton & Co.,
Net
.
profit of both.
of Baltimore, give the following in their circular :
The following are the railroads embraced ia the Richmond &
Danville system,
term of years:
all of which
are
owned
or
leased for
a
long
Richmond & Danville RR., Richmond to Danville. Va
140 miles.
Piedmont RR., Danville, Va., to Greensboro, N. C
49 miles.
North Carolina RR., Goldsboro via Greensboro, to Char¬
lotte, N. C
223 miles.
North Western N. C. RR., Greensboro to .Salem, N. C
25 miles.
Atlanta &. Charlotte Air Line, Charlotte to Atlanta
269 miles.
A. <fe C. narrow gauge branches
70 miles.
Charlotte Columbia & Augusta RI1., Charlotte, N. C., to
Augusta, Ga
191 miles.
Columbia & Greenville RR., Columbia to Greenville
143 miles.
Columbia & Greenville branches
85 miles.
Spartanburg Union <fc Columbia RR., Alston to Spartanburg. 68 mires.
Western North Carolina RR. (completed), Salisbury to Ashe¬
„
ville
140 miles.
Total
1,403 miles
The annual report of the Richmond & Danville Railroad for
the year ending September 30, 1880, showed—Gross earnings,
$1,943,314 ; net earnings, $796,847 ; interest on bonds and fixed
charges, $570,893
;
surplus to profit aud loss, $225,953.
mated annual fixed charges of Richmond & Danville RR.,
recent lease of the Atlanta & Charlotte Air Line RR.:
Interest on debt
Rentals
Interest aud dividends on Atlanta & Charlotte
loss
1381.
143,497
■1831.
March.
$244,570
320,000
447,500
guarantee
Total
Esti¬
under
$1,012,070
Equivalent to 6 per cent, or $24,028 per mile.
The following is the statement of earnings of the Richmond
& Danville, Piedmont, North Carolina and North Western North
Carolina railroads, from October 1, 1880, to Mareh 31, 1881, in¬
clusive, compared with same months of preceding years:
Months—
..
..
..
..
..
..
1880.
1879.
$220,401
$202,805
200,753
175,016
170,971
166,310
1881.
1880.
$151,214
$155,364
167,509
155,239
203,985
165.012
$1,118,880
$1,015,702
St. Paul & Duluth.—At a meeting of the board of directors,
held in New York on the 25th inst., Messrs. C. II. Graves of
Duluth and J. Q. Adams of St. Paul resigned from the board,
and in their places were elected Messrs. II. B. Angus and J. J.
Hill of St. Paul. Mr. Angus is Vice-President and Mr. Hill
General Manager of the St. Paul Minneapolis & Manitoba. The
entire income of this company has since its reorganization been
used in various improvements, additions and extensions. To
Judge McKennan informed counsel for Mr. Gowen that the
right to present any new
plan to the Court for the financial reorganization of the company.
The following notice was issued by order of the Bond board provide for the payment of deferred dividends and to secure
means for the completion of necessary improvements and the
of directors:
additional equipment required, the board has resolved to
General Office of tiif. Philadelphia & Reading Railroad
decree did not deprive him of the
Company, No. 227 South Fourth Street, Philadelphia, 22il April, 1881:
recommend to the stockholders at their annual meeting, to be
held June 20 next, to appoint a committee of stockholders to
Company, IJiave assumed the duties of that oftice.
inquire into and ascertain the amount of income from all sources
properly due the preferred stockholders to July 1 next, which
amount shall be capitalized by the issue of preferred stock, to
be paid to the stockholders for the dividends found due. And
Notice is hereby given that, having been .judicially declared to have
been duly elected President of the Philadelphia A Reading Railroad
Mr. Franklin B. Gowen has ceased to be President of this company,
not authorized to enter into any contracts or to execute any
instruments on its behalf.
All communications in regard to that, portion of the busiucss of the
andia
company which is not specially under the charge and management of
Receivers, should be sent to the undersigned, as President of the
Philadelphia & Reading Railroad Company, to the above address.
the board further recommends that the stockholders authorize
the issue of first mortgage bonds of the company to the amount
of one million dollars, to be used for the purposes mentioned.
—A report from Philadelphia, April 28, says that “ counsel
for the McCalrnonts have agreed to join with counsel for Mr.
Gowen in the application of the latter to the Supreme Court for
ball of the Shenandoah Valley Railroad Company, has let con¬
tracts for the construction of sixty-five miles of the 95 mile ex*
tension southward from Waynesboro to the Norfolk & Western—.
the
Frank S. Bond,
•
President Philadelphia & Reading Railroad Company.
Shenandoah Valley Railroad.—President Frederick
J. Kim¬
THE CHRONICLE.
470
Tire Commercial
~7
[VOL. XXXII.
O O T T O N
^imes.
.
Friday, P. M„ April 29, 1881.
Crop, as indicated by our telegrams
The Movement op the
from the South to-night, is given below.
this evening (April 29), the total receipts
For the week ending
have reached 47,720
Friday Night, April 29, 1881.
bales, against 60,718 bales last week, 66.579 bales the previous
The weather has been excellent during the past week; at week and 85,696 bales three weeks since; making tne total
times almost summer heat has been felt. The floods in the receipts since the 1st of September, 1880, 5,351,348 bales, against
4,633,867 bales for the same period of 1879-80, showing an increase
Northwest have in a measure abated; but an overflow of the since
September 1, 1880, of 712,481 bales.
Lower Mississippi is regarded as probable, from which, how¬
Mon.
Sat.
Tuts. ; Wed.
That's.
Fri.
TotalReceipts at-~
ever, no serious damage is apprehended.
Crop accounts are
398
746
887
Galveston
1,626
1,258
1,046
5,961
improving, while trade continues in a good condition and active
76
76
Indianola, &c.
ta > M VI
EP1TUM E.
KK(J1 a L
.
...
..
....
for the
The
season.
New Orleans...
provision market has been variable and lower during the
past week.
The position has lacked support from the Western
realizing movement.
To-day old mess quoted on the spot at $16@$16 25 ; new, $18 ;
May options quoted $17@$17 50, and June $17 65@$18 bid and
asked; September, $18 bid. Bacon was quoted at 8% 2. for
long, 9%@9%c. for short and 9^c. for long and short clear.
Beef has been quiet at $22@$23 25 for city extra India mess
and $12 25 for family. Beef hams quoted at $22@$23. Lard
opened dull, declined 10@15c. per 100 lbs., and closed weak at
ll*70c. for prime Western on the spot; for future delivery, May
sold at ll*77}£@ll*67/£c.; June, ll‘77/£@ll*62^c.; July,
ll‘82^@ll*67/^c.; August, ll*85@ll*72^c.; October, 11S7%@
lT75c.; seller year 11'07%@11’87%c.; refined to the Continent,
ll*87/£c. Tallow fairly active at 6/£c. for good and 6%c. for
prime. Butter is in better supply and weak. New cheese is
for fair to choice State factory ; old, 10%
quoted at
@14c. The following is a comparative summary of aggregate
exports, from Nov. 1 to April 23 :
centres.
Business has been fair,
on
1880-81.
Pork
Bacon
Lard...:
lbs.
lbs.
...lbs.
Total
lbs.
34,271,800
441,060,058
197,096,915
672,428,773
a
1879-SO.
Inct'ense.
33,225,000
404,538,583
192,276,710
630,040,293
1.046,800
36,521.475
4,820,205
42,388,480
Rio coffee has been dull and depressed, and has latterly
touched ll%c. for fair cargoes; the close was dull and nominal
Bhds.
Boxes.
'
Bays.
Melado.
407,113
260
332
294
2,429
53,535
100
220,533
47,313
81,760
6,851
6,301
1,062,753
686,399
Refined sugar has fallen to 9%c. for crushed, 9 7-16c. for
granulated and 8%@9c. for standard “A,” with a fair trade at
the decline, ard the close was steadier.
....
....
2,574
614
2,61.6
4,557
376
502
378
123
209
104
11
11
1,262
673
514
1,014
250
4.625
578
3,452
Mobile
Florida
882
Savannah
Branaw’k, <fcc.
14;173
1,689
'
....
875
Charleston
Pt. Royal, &c.
Wilmington
Moreh’d C.,<fcc
-
....
Norfolk
....
....
....
....
395
543
755
506
....
....
....
19
104
—
....
....
667
789
73
....
....
New York
•.
46
253
259
253
1,100
5,790
....
1,198
•
46
10
770
•
,40
«...
13
1,266
-
City Point,&c.
765
765
3,928
2,780
185
378
786
654
911
1,014
27
397
6:o
592
480
664
615
778
315
299
141
23
Pliiladelp’a, <fcc.
80
57
947
20
75
571
2,171
1,750
Totals this week
6,054
8,250
8.573
6.010
8,044 10,798
47,729
Boston
Baltimore
*
For
comparison, we give the following table showing the week's
total receipts, the total since Sept. 1,1880, and the stocks to-night
and the same items for tho corresponding periods of last year.
1880-81.
Receipts to
April 29.
This
Since
Week.
Sep.
1, 1880.
627,291
14,960
14,173 1,460,262
1,689
368,851
76
Indianola, &c..
New Orleans
Mobile
Since Sep.
1, 1879.
253
5,790
653.909
765
203,095
152
3,928
144,001
2,780
2,171
1,750
145,015.
34,916
50,964
2,566
3,768
47,729 5,351,348
In order that
t
■
20.265
46
3,631
2,540
....
78
39
3,793
151
30
435,405 21,178 18,115.
49
30,619
75,346
2,176
2,713
26,728
532,253 11,050 13,211
149,866
185,690 181,664 250,29ft
194,277 10,535 13,73ft
15,309
9,990 10,082
3S,2S8 11,028 13,942:
30,858 4,638,867 602,689^ 598,S5<*
—
be made with other
comparison
give below the totals at leading poits for six seasons.
Receipts at—
may
1881.
Galvest’u.Ac.
1880.
2,708
12,449
1,407
1,149
2,540
6,037
14,173
1,689
New Orleans.
1880.
448,505 77.235 29,209
7,661
12,449 1,420.711 226,101 196,504
1,407
342,946 21,963 34,797
28
20,055
5,086
1,119
711,017 24,634 16,215.
6
825,861
4,855
598,258
49,919
114,123
29,770
259
1881.
2,702
4,625
3,452
Total
This
Week.
11
Florida
Slock.
1879-80.
5,961
Galveston
that grade. Mild grades have been moder¬ Savannah
ately active at easier prices, Maracaibo latterly ruling at 10@
Brunswick, &c.
13c., Savanilla at 10@14c., though Java has remained at 1±%@ Charleston
20c. and Laguayra at ll@14c. Rice has been moderately active
Port Royal, <fcc.
at steady quotations. Molasses has been in better demand, and
Wilmington
firm at the quotations of last week. Tea has been fairly active,
M’head City,&c
and at an an auction sale of 4,500 packages to-day prices were
Norfolk
generally steady. Spices have remained quiet. Raw sugar has
CXty Point, Ac.
been firmly held at 7XA@7 5-16c. for fair refining, but trade has
Nevr York
been only moderately active, as refiners are quite liberally sup¬
Boston
plied by their own importations, and the close is very quiet, Baltimore
with not over 7%c. obtainable for fair refining, while 8^4c. for
Philadelphia, Ac.
96 degrees-test Centrifugal is a somewhat nominal quotation.
62,999
....
2,627
at ll^@llMc. for
Receipts since April 1,1881
Sales since April 1, 1881
Stock April 27, 1881
Stock April 28, 1880
....
1,185
1879.
1,089
5,195
years, we
1877.
1878.
1876.
1,759
693
4,21ft
10.893
6,477
8,98ft
Kentucky tobacco has remained comparatively quiet. The Mobile
999
1,666
2,0033,082
sales for the week are only 500 hhds., of which 350 for export
738
Savannah....
4,625
2,979
1,495
2,578
and 150 for home consumption. Prices, however, rule com¬
744
1,612
Charrst’u, Ac
2,076
1,728
3,498
paratively steady; lugs, 4%@5%c. and leaf, 6(912c.
The
299
117
888
512
893
572
movement in seed leaf, on the contrary, has been much more Wilm’gt’n, Ac
3.623
6,555
2,759
2,991
Norfolk, Ac..
3,945
5,199
liberal, extending to large lines of the crop of 1880, of which All
others....
2.246
5,112
7,839
2,620
10,640
6,543
same prices transpired.
The sales amounted to 3,225 cases, as
follows ; 1,500 cases 1880 crop, State, private terms ; 300 cases
Tot. this w’k.
22,283
16,560
26,002
47,729
30,858
31,196
1880 crop, Pennsylvania, 20c.; 200 cases 1880 crop, Connecticut
seconds, 10c ; 350 cases 1879 crop, Ohio, 0%c.’, 175 cases 1879 Since Sept. 1. 5351,343 4633,867 4317.007 4113,803 3839,630 3941,35ft
Galveston includes Indianola; Charleston includes Port Royal, <fec.?
crop, New England, 12@20c.; 100 cases 1879 crop, Connecticut,
Wilmington includes Morehead City, &c.; Norfolk includes City, Point. &Q18c.; 300 eases 1879 crop Pennsylvania, 10@25c.; and 300 cases
The exports for the week ending this evening reach a total
sundries, 8@16c. The movement in Spanish tobacco has also of 58,254 bales, of which 28,754 were to Great Britain, 4,266 to
been more active, and sales 1,300 bales Havana at 85c.@$1 10, France and
25,234 to rest of the Continent, while the stocks a»
duty paid.
made up this evening are now 602,689 bales.- Below are the
Naval stores have been fairly active, spirits turpentine at
exports for the week and since September, 1, 1880.
barely steady figures on a realizing movement, and rosins at
well supported prices ; the former sold largely to-day at 41c.
From Sept. 1,18S0, to Apr. 29,1881.
Week Ending April 29.
for southerns in yard ; strained to good strained rosins $1 60@
Exported to—
Exported to—
Exports
$1 70. Petroleum has continued quiet, but about steady at 8c.
front—
Conti¬
Conti¬ Total
Great
Great
Total.
for refined for export. Crude certificates closed steady at
France
France
nent.
nent.
Week. Britain.
Brit’n83%c. bid after selling at %2%q. Ingot copper was in fair sale
401,245
6,242
91,050
205,861 44,334
4,664
at 18/4@18%c. for Lake.
1,578
Lead has been active at a decline to Galveston
296,128 1,338,200
757.111 285,021
New
3,660
9,305
12,965
Orleans..
for
dull
4^c.
common domestic.
Wool
and easy. Hops quiet
104.15k
7,419
73,972 22,767
and quoted as before.
ITlorida
Ocean freight room has latterly been taken at low and un¬
194,934 37,860 259,419 492,2114
Savannah
profitable rates, but the shipping movement was checked by Charleston *... 2,716 2,0 J 3 7,017 11,774 102.983 60,299 201,997 455,27®the high rates for .the leading export staples. The position
09,812
11,222
57,140
1,444
Wilmington...
305.956
appears to be almost demoralized, though the tone was some¬ Norfolk
4.117
293.959
3.4C0
2,850
3,460
what better to-day. Grain to Liverpool by steam, 2%@25%@ New York
8* ,043
427,974,
677
315.405 31,461
9,502
8,262 18,441
1
84.847
84,840
2.233
25id .; cotton, ll-16@3-16d.; flair, 12s. 6d. per ton; bacon, 15@ Boston
2,233
110,014
020
620
21,158
a8.856
17s. 6d.; cheese, 20s.; grain i*> London by steam, 4d.; flour,
Baltimore
47,457
102
2.519
47,355
15s.; grain to Hull by steam, 3%d.; do. to Hamburg by steam, Philadelp’a.&c 2,510
90 markfr; grain to Cork for orders, quoted by charter. 4s. 3d.
973,691 3,837,221
Total
&\ -11Icai^ 4,266 25,234 58,254 2.377,438 X SO
per qr.; refined petroleum to Antwerp, 3s. 2d. per bbl.; do.
320,97
744,300 3,178 293
Total 1879-80 56,264
3,005 10,935 70,204 2,107,00s
to Bremen, 3s.; do. in cases, Bey route, 28c.; do. Smyrna,
Salonica or Paraeus, 26%e.
•Includes exports from Port Royal. &c.
-
'
......
•
•
•
•
•
•
•
......
•
......
.
......
...
.
.
•
»
•
•
•
•
......
......
......
1
1
1
1
April
In addition to above exports, our telegrams to-night also give
as the following amounts of cotton on shipboard, not cleared, at
the ports named. We add similar figures for New York, which
by Messrs. Carey, Yale &
prepared for our special use
Lambert, 60 Beaver Street.
are
00
95??
»
0D
April 29, at-
Great
Britain.
19,089
4,500
New Orleans
16,878
None.
None.
None.
None.
17,821
5,000
6,000
3,494
None.
None.
6,100
2,000
53,610
11,253
38,577
1.200
Cnarlestou
None.
Savannah
Total
7,759
Other
1,776
3,550
3,000
5,273
Mobile
Galveston
New York
Other ports
Foreign
Coast¬
wise.
France.
a
o
®
*
•
E.cr'd
22.3.
:
rrt-
Leaving
•
S'?1
*
to
: ©:
SB
CO
:
P
e*q
•
•
©
a
8®
•
:*q
00
ss tf-
•
*1
a
Stock.
.
182,375
CO
1,100
14.587
6
250
5.000
2.500
5.500
26,819
1.500
9.500
16,179
19,134
50,416
169,764
40,414
5,591
109,821
492.868
231
None.
*11,900
COcj
Q) M
£*m
Oo
speculation in futures has been more active, and prices,
though variable, have shown rather more strength. There was,
on Saturday, notwithstanding the very favorable weather re¬
port and dull foreign advices, some improvement, based on
reports of danger from floods and the smaller receipts at the
ports. On Monday the market was again weak. On Tuesday
there was an advance of 5@7 points on the better accounts from
Liverpool and the reduction of home stocks. Wednesday was
at one time higher, but declined toward the close, Liverpool
losing part of Tuesday’s advance, there being no very definite
accounts of the reported floods, and private advices sayiDg
there was no danger of serious disaster.
Yesterday values
declined, under weak Liverpool advices and very favor¬
able weather. To-day there was a weak opening, and the close
was at a slight further decline.
Cotton on the spot was quiet
and unchanged, when quotations were revised; white ordinary
and strict ordinary advanced %c.t good middling and strict
good middling declined %c., middling fair and fair unchanged.
Stained—Good ordinary advanced %c., strict good middling
advanced %Q.y low middling advanced l-16c.; other grades of
unchanged. To-day there was a general
decline of 1-16c., the market closing quiet at 10 ll-16c. for
middling uplands.
The total sales for forward delivery for the week are 333,800
bales. For immediate delivery the total sales foot up this week
3,956 bales, including 1,519 for export, 2,271 for consumption,
166 for speculation, and
in transit. Of the above, 150 bales
were to arrive..
The following are the official quotations and
sales for each day of the past week.
white and stained
9
l
Ordin’y.ftlb
7
Strict Ord.
7*8
Good Ord..
8»3i6
fltr. G’d Ord 95ia
Low Midd’g 10
Btr.L’wMid 10^
Middling... 10%
Good Mid.. ll7ia
«tr. G’d Mid Hni6
oq
® *
®
© ©
*1
to
•
o:
<*?
a
•
® •
©
£•§? O*^
.*&£w©
&£©<$
©o3 '7* ©©•-»
®M&
©or*
®
wa
p
S'm’m©
©i
00
99
99
°9
99
CO)
Oi O*
diyi
99
o*
©
©CO
w w
MW
©9©
U*
05
mmw
°9©
©iy»©
.
I
o»©
MO*
too*
99
©'•©*
©o
c©
©•©*
dd
cr.Ci
o©
tots
tO © m
to ©
I ©30
I ©o
I ©5*
99
©9
-TO*M
c»oi
CO©
dd
m
I ©»
I ©P
MMOO
M
Mil
MMm
M mqo
99©
0*1 O' ©
o©o
05 CP©
o©o
05 05©
mmO
°°o
mmw
©c©
dd°
©o«©
r-W
w ©
05
W W
00 CO
©o
99
°9
d 05
©©
©©
99
d>d
dd
CiM
00 05
d*o*
00
-4-4
tO ©
00M
I ©O*
99©
9°
© to
03 05
to©
ddO
©o
I ©05
I ©p
9©©
©o ©
©©5
-4-4©
©C©
-1-4©
ddo
cr.a>©
05-4
05 03
-mo
©©
r— i—
»— i—
©to
00
-J-I
tO O M
M
99©
I
M
I ©a*
©P
M*—©
M M
M(x>
1
t— >—
©o
dd
913,0 65,80
—i -i i—
1 ©*•
M H* Js.
©©©
d <\0
00©
1
i— i—
©
©
—
M
-1-4
00-1m
1 ©.©
1 ®c«
%
©
©
©
11 <r©
%©
-i
to
00
w
w
c
C5
QC
©
©
©
10*73®
10*75—-6 ^•01—L.I810T®^1
I ©©
*—* •— to
r1 ►— ©
c©©
00 oo©
99©
oc'ob©
10 ©
tc—
l—
i— i—
t-1—
©©
o©
©o
©©
©o
#*
©
©
MCD
1 ©'4
1—
00
la
©9
CD-4
m©m
a>
i— >—
©O
i—
10*7— 1070
10-78 12.30
O©
00 00
r-
t—
QDCD
oboo
- J i—
cconni
tO © M
CJMhi
1 ©-I
1 ©P
1 ©©
M-©
©©©
1 ©•**“
l—'-'fo
o© ©
©©o
©co©
©C©
CD CD©
©©©
-iob©
obob©
obab©
©-1
oo*
© CD
CJ Ji.
*U
M »—
»— i—
M —
^
•—**—*
©i
r*»—*
t-> 1—
©©
©©
oo
©©
©o
OO
ifl
#*lt^
cb
dd
dd
dd
9-1
1
XOI
WM
#“-*
1 ©M
O©
©©
1 ©p»
1*
w
© ©©
©
1 ©©
H->—CO
1 ©9
©J
w
O O o
©©©
Ch 5*©
©a>©
d'O, ©
© ©
-Xv-O
00 00
>—»—
r-
0*0*
CO (D
MM
MM
o©
©©
C©
©©
o©
MM
W W
to to
tOM
MM
M>—
9-4
0*0*
#^M
I ©XO
1
©
MM W
o*
a
ddo
M
9 f
'
M
_i
M Hm
MMrf»,
HM{g
mm©
©
©O©
q. i— ©
©©©
©©©
©©©
©©©
Mtb©
tbtiq
to
to©
©©©
MM©
too*
ono
o* o«
>—
©
-JOD
00 OD
©©
o©
9°
o©
6©
99
©co
O©
M©
©6
©-4
MW
M
tO
WM
I ©r*
I ©k-‘
| © tO
I ©M
MM©
MM©
im m
MM-J
!
©M
mmTL
©©©
MMM
MM®
©o
I ©
M
Me
7%
7%
7%
7%
8
8
©©2
©©©
©M©
©©©
Mm©
9%
9*8
950
1030
9is
950
1030
9i8
to to
tD©
#- #-
M ©
9°16
81316
«5l«
8
9*8
©©©
7*8
8
©©
o©
©o
o©
©O
6©
6©
M©
66
©6
©©
M tO
MW
©Ox
95g
9®8
93g
103ft
1030
1030
1012
10%
1012
10%
lOl^xe lOl^xe (1013x6 101316 1013x6 1013,6
Fri.
Th.
11
11
11
11
Wed
Til.
Fri.
Wed
Til.
©
O'
©©<
©6©
66<
O'C^
—1 05
8
M M
11
lUll6 1111X6
H716 U“l« lljlie
Ull16 111516 111°16 1115,6 1H516 11 l°i6
125,6 129,6 129,6 129x6 129n 129,6
131,6 13->,6 13°,6 13°1*5 13^x6 135, „
99©
f
Sf
66
05 On
8
1030
8
1 ®
1
7%
10
9
<1
1 »r*
M M
MM
1
©o©
©
©
s
0*0*
w
M M
*-
M
I ©w
M >—
99©
8
10
0 9‘ July.
obob
obob
©
10*7 6,30
7%
9ie
1.
I »
>—O*
©©©
*©
05 05
0©
00©
I
M
—^
09©
cJi ©
00©
I
I $
rl*
9©r*
7
00<
was
0*0*®
iVIon. Taea
Mon Tues Sat.
$
v:
m
wco?
©
<5©*
oo©
M
I
©
or? ©
M
00©
© r-’cc
*
I
99
t9
a
23
CD
M
8
©
©
3 2©
75fl
11
a
3
go .
7
958
—
i
^
?
©
©
3.
•
to
58
©
crj
-4
©
:
r?a
t
E.
2
^
7
U'Gr
lllllG
Midd’g Fair 12*i* 12*lfl
Fair
13im 131,6
Wed
00
•©I*?
d
I 6
TEXAS.
NEW ORLEANS.
Sat.
to
SB
a
9311
£ £>
:
<1
The
inon Toes
8
»
©
-i©
which we cannot learn.
UPLANDS.
CJ
K-© ® 58
®
O
43,726
7,376
•Included in this amount there are 800 bales at presses for foreign
April 23 to
Sat.
April 29.
S2.S-®
© ©
5" © 2
B* ®
:
M-US ©
_
®
co
ports the destination of
w00©
22!
-f g. 3.
7s *©
g
►a
Total.
©£;
©
®
22.
00
Shipboard, not cleared—for
0Q
.
52.
©
On
471
CHRONICLE.
THE
30, 1881. J
I ©P
11H]6
1115,6
129,6
lS^ie
©©©
WM
I ©P
MM1™
©O©
MM©
I ©^
►r^w
66©
M©
a*o*
-4-4
MM a,
66©
M
tow
to©
M
9
i
1
©
©
I ©-
© © ©
I ©
©©©
©M©
*
© © Q
MM©
66©
99
Fri.
&
r-* M
oro
Ordin’y.$lb
7
Strict Ord.. 7,58
Good Ord..
813,6
Btr. G’d Ord 9j,6
Low Midd’g 10
fltr. L’w Mid 1012
Middling... 10%
Good Mid
U7,e
Btr. G’d Mid llu16
..
Midd’g Fair 125,6
Fair
131,6
7i8
7%
71,6
711x6
7%
813,6
95,6
8%
9%
9%
950
9
10 1q
10%
1
15,6
119,0
12516
131,0
8
915i6 1030
10*16 10131C
1011,6 11
11%
nn16
11%
lllo16
12%
129,6
13
135,6
Sat.
STAINED.
Good Ordinary....
Strict Good Ordinary
fi>
**
Low Middling
Middling....
75i6
8%6
91,6
99,6
10516
7%
8%
9%
950
1030
1013x6 10%
11
101°xo
ll9!^ 11%
1113,6 11%
129,6 12%
13%
13&,6
7%
730
8
9%
950
1030
11
M M
105,6
I I
101°i6
H^lfl 119,6 11%
1115,6 111310 111%
129,6 129,6 12%
13»,6 Llb16 13 *4
Til.
Fri.
07io
79x6
0716
7916
6716
79,«
0716
79x6
6!%6
OSg
75@
8%
8%
8%
8%
8%
978
9%
978
9%
89,6
97e
O13i0
©:
TRANSIT.
Sat..
Mon
Tues.
Wed
.
Quiet
Weak
Quiet
Easier
FhurSiWeak at
.
Fri.
.
i ev.uuo.
Quiet at lie dec.
Total
port.
225
270
100
321
102
501
ConSpec- Tran¬ Total.
sit.
frump. uVt'n
3n7
450
250
344
583
287
50
116
2.271
166
....
.
_
.
....
....
....
The daily deliveries given above are actually
vious to that on which they are reported.
582
720
400
781
685
788
FUTURES.
Sales.
»
33.100
41,900
63,400
69,300
65,000
Deliv¬
eries.
100
100
....
....
61,100
400
3,956 333.800
600
delivered the day pre¬
The Sales and Prices op Futures are shown by the follow¬
ing comprehensive table. In this statement will be found the
daily market, the prices of sales for each month each day, and
the closing bids, in addition to the daily and total sales:
©:
I ©
©:
&
I ©;
i l
*
Includes sales in
September for September, 621,400;
Sept.-Oct. for
Oct., 946,500; Sept.-Nov. for November, 762,100; 8ept.-Dec. for Decem¬
ber, 1,464,500; Sept.-Jan. for January, 2,588,900; Sept.-Feb. for Feb¬
ruary 2,372,700; Sept.-Mareh for March, 3,46*M00.
Transferable Orders—Saturday,
10-55; Monday,
10-65; Wednesday,10 65; Thursday, 10 55; Friday,
Short Notices for April—Tuesday, 10*57.
Short Notices for May—Thursday, 10 54, 10-53, 10
The
Ex¬
©
tow
U
Moil Tues Wed
SALES OP SPOT AND
©:
©:
S©y
1013x6 I0i3i6 l()%
MARKET AND SALES.
SPOT MARKET
CLOSED.
©:
i ©
75ia
S%6
91,6
99,6
8%
9%
950
1030
©:
•25
•IS
•04
*25
*03
•14
•10
*07
•25
•26
•10
pd.
pd.
pd.
pd.
pd.
pd.
pd.
pd.
pd.
pd.
pd.
10-55; Tuesday,
10 55.
52; Friday, 10-53.
following exchanges have been made during the week:
to exch. 4,000 May for Aug.
1.000 May for July.
100 Sept, for May.
100 May for Aug.
300 Sept, for May.
exch. 500 Sept, for June.
exch. 400 May for June.
exch. 1,000 July for Aug.
exch. 3,200 May for Aug.
exch. 500 May for Aug.
exch. 100 May for June.
to exch.
to exeli.
to exch.
to exch.
to
to
to
to
to
to
•07 pd. to exch. 100 July for Auf.
•10 pd. to excli. 200 May for June.
•26 pd. to exch. 700 May for Ang.
*26 pd. to exoh. 1.000 may for Aug
•20 pd. to exch. 200 May for July
•20 pd. to exch. 500 May for July
*10 pd. to exch. 300 May for June
Exch. 200 May s. n. for regular
even.
Exch. 200 May s. n.
3d for regular.
The Visible Supply of Cotton, as made up by cable and
telegraph, is as follows. The Continental stocks are the figures
of layt Saturday, but the totals for Great Britain and the afloat
for fee Continent are this week’s returns, and consequently
brought down to Thursday evening; hence, to make the totals the
complete figures for to-night t April 29), we add the item of export*
from the United States, including in it the exports of Friday only:
THE CHRONICLE.
472
1881.
1880. ‘
71 1 .OOO
1879.
1878.
635,000
54,000
887,000
11,750
749,800
82,600
2,410
28,240
3,600
35.900
19,400
2,100
689,000
160,250
S98.750
233.750
390
3,750
12.000
7 500
7,900
10,000
23,750
313,500
382,540
296.750
421,750
1 ,356,400
268,000
Amer’n cotton afloat for Eur’pe 502,000
31,000
Bgypt.Brazil,Ao.,aflt for E’r’pe
Stock in United States ports
602,689
Stock In U. 8. Interior ports..
116,279
United St?tea exports to-day..
12,000
985.750 1,320,500
216.000
211,000
405,000
490,000
15.000
21,000
..
932,340
247.000
358.000
46.000
598.877
.
113.80S
368,781
48,662
11,000
100
Mock at Liverpool
•took at London
bales. 1 ,000,000
42,900
Total Great Britain stook 1 ,042,900
•took at Havre
181,000
•took at Marseilles
4,200
•took at Barcelona
22,500
•took at Hamburg.
7,000
8took at Bremen
44,300
Stock at Amsterdam
42.100
Stock at Rotterdam
J,/70
780
Stock at Antwerp
Stock at other conti’ntal ports.
9,850
35,SOO
2,000
5.750
41.000
34.000
4,500
26,750
43,750
7.500
The above totals show that the old interior stocks have de¬
creased during the week 0,708 bales, and are to-night 2,411
bales more than at the same period last year. The
receipts at
the same towns have been 3,907 bales more than the same week
last year.
Receipts
the
Plantations.—The
following table ia
of indicating the actual movement each
week from the plantations. Receipts at the outports 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 conclusion through a comparative statement
like the following. In reply to frequent inquiries we will add
that these figures, of course, do not include overland receipts or
Southern consumption; they are simply a statement of the
weekly movement from the plantations of that part of the crop
which finally reaches the market through the out-ports.
prepared for the
43.000
49,500
4.750
from
purpose
c
Total continental ports....
•
Total European stocks..
..
India cotton alloat for Europe.
“
429,329
46,495
6,000
Total visible supply
2,338,363 2,307,085 2,039,203 2 524 324 j
anove. the totals of American ana other descriptions are ;*3 follow s: :
American—
RECEII^TS FROM PLANTATIONS.
Of tile
Liverpool stock
Continental stocks
American afloat for Europe....
United States stock
United States interior stocks..
762,000
223,000
502,000
602.689
116.279
United States exports to-day..
12,000
Total American
East Indian,Brazil, etc.—
512,000
139,000
358,000
598,877
113,868
11,000
514,000
2
1,000
662,000 I
370,000 :
4 05,000
490,000
368.781
429.329
46.495
-
4
8,602
100
2,217,963 1,732,745 ] L,589,513
IJveipool stock
London stock
Continental stocks
India afloat for Europe
Egypt, Brazil, Ac., afloat
Total East India, Ac
Total American
238,000
202,000
42,900
35.300
121.000
5 1.000
90.500
268,000
31,000
43,540
247,000
46,000
2 10,.000
1 5,000
670.400
571310
419.750
13,750
2,217,968 1,732.745 L,589,5 43
TVeek
Receipts at the Ports.
ending—
1879.
1880.
1831.
Stock at Interior Ports
1879.
1830.
Uec'pts from Plant'ns.
1881.
1879.
1880.
1881.
150.841 119,854 133.723 190,705 345,975 279,523 127.489 107,913 130,757
•*
18
134,328 115.307 140,539 182,240 327,084 278,708 125.809 90.416 145,784
6,000
“
23
110.047 102,995 133,359 170,433 310.972 284,155 93,239 02.883 143,746
83.200 78.451 133,931 165.019 303,279 283,540 78,417 64.75S 138,322
2,003,824 Mar. 4
! “ 11..... 78,490 64.308 140,120 159.413 230,990 235,017 72,289 51,085 130,597
225,000 ,
18......
60,202 49,611 108.200 141,012 281,047 237,314 42,390 40.602 110.497
1 1.750 |
n
or;
00.093 53.419 93.090 131,463 206,120 277,992 50,519 3vt,492 84,300
51.750 i
54,283 47.393 78,514 110,879 259,223 266,579 39,099 40.490 67,101
April
1
211,000"! “
8
44.851 37.323 85,696 107,005 252.495 249,879 34,977 30,595 08,906
21,000 j
“
15
40,187 3^.910 00.57!) 91,9361238.556 237,401 25,143 24,971 54,101
520 500 i
22
30,183 31.714 60.718
218,860 31,511 19,094 42,177
“
2,003,824 |
29
22.283 30,858 47,729 78,902 204,154 204.211 13,951 14,070 33,086
Feb
11
|
“
vi •
•
•
•
•
87,294r]220,936
2,888,3t'8 2,307.085 2,039.293 2,524.321 j
The above statement shows—
5 VI !
658-L
Sidled
61-V.d
1. That the total receipts from the plantations since Sept. 1 in
The above figures indicate an increase in the cotton in sight
1880-81 were 5,522,588 bales; in 1879-80 were 4,835,720 bales; in
to-night of 5S1,283 bales as compared with the same date of 1880, j
an increase of 849,075 bales as compared with 1879 and an in- ! 1878-79 were 4,390,317 bales.
2. That, although the receipts at the out-ports the past week
crease of 301,044 bales as
Total visible
supply
FrioeMid. Up).. Liverpool
—
j
compared with 1878.
preceding visible supply table we have heretofore only i were 47,729 bales, the actual movement from plantations was
included the interior stocks at the seven original interior towns. only 33,080 bales, the balance being taken from the stocks at the
As we did not have the record of the new interior towns for the ! interior ports.
Last year the receipts from the plantations for
four years,.we could not make a comparison in any other way. 1 the same week were 14,070 bales and for 1879 they were 13,951
That difficulty no longer exists, and we therefore make the fol- bales.
|
lowing comparison, which includes the stocks at the nineteen j Weather Reports by Telegraph.—The weather the past week
towns given weekly in our table of interior stocks instead of only
j has in general been favorable for crop purposes. Rain lias fallen
the ol<Tseven towns. We shall continue this double statement for i
in many sections, but not in excess, and more would be beneficial
a time, but finally shall simply substitute the nineteen towns for
j at some
the seven towns in the preceding table
points.
*
American—
1881.
1830.
1879.
1878.
:
Galveston,
has
rained on four days the x^ast week,
Texas.—It
5
stock
bales
512.000
1
Uverpool
762,000
t.OUO
662.000 !
Continental stocks
139.000
223,000
253.000
370.OOo
the rainfall reaching three inches and twenty-seven hundredths.
American afloat to Europe
502.000
4 < -5,000
358.000
490,000
United States stock
602,689
598,877
368,781
429.329 We have had delightful showers this week, and the indications
United States interior stocks.. 204,211
204.154
75.550
73,962
are that they extended over a, wide surface.
Reports from all
United States exports to-day..
12.000
100
11,000
6,000
sections are favorable, except that there is a scarcity of labor,
Total American
2
1,823,031 1,619,343 2.032,879
which finds more x^rofitable enqfioyment in railroad building than
East Indian. Brazil, dc
202,000
Liverpool stock
121.000
233,000
225,000 farm work.
The thermometer has ranged from 65 to S2, averag¬
London stock
42.900
35,800
54,000
11,750
Continental stocks
43,540
90,500
43.750
51,750 ing 72.
India afloat for Europe
2 16.,000
268,000
217,000
211,000
Indianola, Texas.—We have had good showers on two days
Egypt, Brazil, Ac., afloat
31,000
-16,000
15,000
21,000
the past week, the rainfall reaching two inches and fifty-one
Total East India, Ac
574,340
‘ 670.400
449,750
520,506
hundredths. Planting is about conqileted in this neighborhood.
Total American
2 ,305,900 1,823,031 1,019,343 2,032,879
Total visible supply
2.976,300 2,397,371 2,069,593 2,553.379 Average thermometer 74, highest 84 and lowest 65.
Corsicana, Texas.— We have had no rain the past week. All
gW The imports into Continental ports this week have been
70,200 bales.
agriculture is prospering. The thermometer has averaged 74,
These figures indicate an increase in the cotton in sight to- ;
night of 578,929 bales as compared with the same date of 18S0, an j ranging from 60 to 91.
Dallas, Texas.—We have had good showers on one day the past
increase of 900,707 bales as compared with the corresponding date
j
of 1879 and an increase of 422,921 bales as compared with" 187S. | week, the rainfall reaching one inch and fifty hundredths. Farm
At the Interior Ports the movement—that is the receipts 1 work is
progressing well, but there is much comxfiaint of scarcity
and shipments for the week, arid stocks to-night, and for the
j of labor. Average thermometer 74, highest 91 and lowest 60.corresponding week of 1SS0—is set out in detail iu the following
Brenham, Texas.—We have had a beneficial rain on one day
statement: '
the past week, the rainfall reaching one inch. Reqfianting is
Week ending April 29,
\61.j Week ending April 30. ’30 nearly done,‘but there is great complaint of scarcity of sound
seed. The thermometer has ranged from 62 to 85, averaging 75.
Receipis Ship ndts Slock.
Receipfa. j Sh ipm'ts Sloe!:.
Waco, Texas.—We have had good showers on one day the past
562
451
030
1,725
Augusta, Ga
16,808
12,817
week, the rainfall reaching one inch. Farm work is progressing
316
103
810
Columbus, Ga...
1,257
10,764
8,208
109
354
4 1
Macon, Ga
5,981
1 350
favorably. Average thermometer 74, highest 85 and lowest 60.
616
104
1,355
920
cMontgom’ry.Ala.
(1915
5,609
New Orleans, Louisiana.—It has rained on three days the
588
455
Selma, Ala
234
412
4,880
2,273
week, the rainfall reaching two inches and forty hun¬
Xmst
Memphis, Tenn..
4,195
1,445
7,589
60,666
9,499
71,444
dredths. Average thermometer 72.
351
740
‘359
170
Nashville, Tenn.
10,265
11,607
Shreveport, Louisiana.—The weather during the £>ast week
Total,old ports..
2,860
6,707
13,475 110,279
12,753 113,863 has been warm and
dry. The rainfall reached sixty-four hun¬
The roads are in a good condition. Aver¬
130
289
95
Dallas, Texas.
70
3,317
1,403 dredths of an inch.
263
162
Jefferson, Tex...
75
125
2,665
200
age thermometer 77, highest 90 lowest 64.
,
1.074
420
Shreveport, La..
1,638
10,504
1,405
0,705
Vicksburg, Mississippi.—We have had rain the past week,
795
293
Vicksburg, Miss.
340
1,526
3,334
904
but not enough to do much good.
20!)
653
15
Columbus, Miss..
94
2,182
485
185
573
Eufaula, Ala....
30
30
2,054
2,281
Columbus, Mississippi.—It has been showery on one day,
41
83
351
Griffin, Ga
5
29
913
and has rained constantly one day the past week. The rainfall
560
100
Atlanta, Ga
71
229
8,763
9,241
342
Borne, Ga
149
3,109
348
2,487
ibooo reached one inch and sixty-two hundredths.
671
371
Little Rock, Arkansas.—Wednesday and Thursday of uie
700
<Jharlotte, N. C..i
97
193
1,187
St.. Louis, Mo....
4,749
9,246
39,582
2,439
0,154
55,285 past week were clear; the remainder of the week lias been cloudy,
Cincinnati, 0....
6,792
6,024
11,366
7.807
2,304
3,818
with rain on three days. The rainfall reached sixty-five hun¬
The weather is very favorable for planters.
Total, new ports 15,811 23,752 87,932 j
5,993
12,882
90,280 dredths of an inch.
Average thermometer 70, highest 87 and lowest 60.
Total, all
22,578
37,227 204,211 1
8,853
25,635 204,154
Nashville, Tennessee.—It has rained on five days the past
In the
—
-
1
v
♦
.
..
^
-
’
April
THE CHRONICLE.
30, 1881.]
week, the rainfall reaching one inch and six hundredths.
thermometer has ranged from 56 to 84, averaging 69.
The
1881.
aging
72.
Tot.Mr.31 5,075,110
Apr. 1
on
aver¬
two days the earlier
2...
“
3....
8.
44
4....
23,210
44
5....
13,03a
8,237
44
6....
9,980
13,656
14,912
9,678
6,333
6,243
5,264
4,717
5,156
44
7....
44
8....
44
9....
two days the past
week,
and the rest of the week has been pleasant. The rainfall
reached ninety- three hundredths of an inch. Planting is about
completed in this neighborhood. The thermometer has ranged
from 56 to 93, averaging 87.
Madison, Florida.—Telegram not received.
Macon, Georgia.—Telegram not received.
Coiambus, Georgia.—It rained severely on two days the
earlier part of., the past week, but the latter portion has been
clear and pleasant.
The rainfall reached three inches and
ninety-two hundredths. Average thermometer 77, highest 85
on
..
..
...
13
10
41
Feet. Inch.
1
O
24
15
16
41
6
O
8
10
7
10
o
14....
44
15....
16....
11,034
12,360
4,708
17....
S.
44
18....
12,886
44
19....
8,812
£0....
14,679
21....
44
22....
44
23....
6,714
12,919
6,054
44
24....
8.
4<
25....
44
26
44
27....
8,250
8,573
6,010
44
28....
8,044
44
29
11.236
5,491
8.
8.
16 feet above low-water mark at that point.
Jute Butts, Bagging, &c.—The speculative demand for bag¬
ging fell off shortly after our last report, and during the week
4,729
8.
7,629
4,423
3,373
5,846
10,014i
*
5,707
0,431
4,910
7,987
5,557
9,106
9,291
8.
7,094
9,576
4,493
10,114
6,441
5,973
S.
4,406
10,675
6,138
6,639
5,112
4,484
2,347
2,641
2,794
6,299
4,350
8.
15,838
S.
9,816
8,081
6,566
5,199
'
6,987
8.
4,792
5,136
2,579
8.
6,759
4,632
5,231
4,698
2,865
6,473
3,714
1,5G1
2,724
8.
4,995
5,6 40
6,243'
9.090
6,260
4,541
4.918
5,923
5,140
3.512
4,616
3,075
8,379
7,450
3.3 16
7,402
2,563
3,0(U
8.
11,269
5,519
2,680
4 026
8.
1,502
4,547
3,592
3,478
5,184
2,956
8.
8.G77
3,916
5,021
3,272
10,798
8.
11,515
9,724
9,790
8.
8.
5,311
6,277
4,836
3,083
4,915
3,164
5,817
10,317
9,222
5,310
6,862
7,649
6,885
9,905
7,353
5,696
4,746
6,054
0,299
Shipments this week.
|
reported below high-water mark of 1871 until
Sept. 9, 1874, when the zero of gauge was changed to high-water i1
mark of April 15 and 16,1874, which is 6-10ths of a foot above
or
...
8.
.
9,834
6,649
5,114
14,159
6,785
3,270
BOMBAY RECEIPTS AND
Vear
New Orleans
1871,
...
5,570
8.
7,471
8.
8.
that the receipts since
Sept. 1 up to
to-night are now 717,313 bales more than they were to the same
day of the month in 18S0 and 1,046,765 bales ’more than they were
to the same day of the month in 1879.
We add to the table
the percentages of total port receipts which had been received to
April 29 in each of the years named.
*
«
India Cotton Movement from all Ports.—The
figures which
are now collected for us, and forwarded
by cable each 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 complete India,
movement for each week.
We first give the Bombay statement
for the week and year, bringing the figures down to
April 28.
,
o
13....
44
8,298
6,524
This statement shows
April 23 '81. April 2;3, '80.
si
1876.
5,351,348 4,634,035 4,304,583 1,095,600 3,330,146 3,918,178
Percentage of total
rort rec'nts Apr.29
92-65
96*79
91-2 4
94-85
9349
The
following statement we have also received by telegraph,
showing the height of the rivers at the points named at 3 o’clock
April 28, 1881, and April 29, 1880.
..
1877.
Total
on two days
past week, the rainfall reaching eighty-four hundredths
of an inch. The thermometer has ranged from 58 to
80, aver¬
aging 67.
6
13,867
11,621
8,010
44
Charleston, South Carolina.—We have had rain
Inch.
11....
12...
44
the
.Below high-water mark
.Above low-water mark.
Above low-watermark.
Above low-water mark.
Above low-water mark.
44
44
44
Savannah, Georgia.—It has rained on four dajrs the past
week, on three of which lightly, and the rest of the week has
been pleasant. The rainfall reached fifty-two hundredths of an
inch. The thermometer has averaged 71, ranging from 60 to 84.
Augusta, Georgia.—It has been showery on six days the past
week, the rainfall reaching one inch and twelve hundredths.
Planting in this section is two to three weeks behindhand. The
weather is now warm and favorable, and planting is making
good progress. At some point a good stand of cotton and corn
has been "secured and plants are doing well. The thermometer
has ranged from 62 to 87, averaging 72.
o
8.
44
and lowest 70.
Feet.
10....
44
The thermometer has
averaged 73, ranging from 62 to 87.
Selma, Alabama.—It has rained
1878.
4,480,842 4,140,519 3,901,82" 3,734,592 3,757,682
5,922
9,393
S.
15,764
8,735
“
44
part of the past week, and the latter portion has been clear and
pleasant. The rainfall reached one inch and fifteen hundredths.
We have secured a good stand of cotton, and at present the
weather and prospects are excellent.
1879.
15,516
10,903
,
Montgomery, Alabama.—It rained
1880.
-
Memphis, Tennessee.—Telegram not received.
Mobile, Alabama.—It has rained very severely on one day,
severely on one day, and has been showery on three^ days, the
past week, and the latter part of the week has been clear and
pleasant.
The rainfall reached six inches and fifty-four hun¬
dredths. We have had delightful showers this week, and the
indications are that they extended over a wide surface. Crop
accounts are more favorable. The crop is developing promis¬
ingly. The thermometer has ranged from 61 to 82,
44*
Great
Bril'n.
Conti¬
nent.
SHIP.MENTSlFOR
FOUR YEARS.
Shipments since Jan.
Great
Britain
Total.
Conti¬
nent.
1*
Receipts.
This
Week.
Total.
1981 16,000 40,000 56,000 139,000 267.000
406,000
393,000
277.000
458,000
1380 12,000 37,000 49,000 169.000 229,000
1879; 5.000 25,000 30,000 114,000 163,000
187«! 6.000 16,000 22.000 194,000 264,000
67,000
60.000
44,000
36,00c
Since
Jan. 1.
634,000
625,000
442,006
572,000
According to the foregoing, Bombay appeal’s to show an
eVs receipts
rec<
compared with last year in the'week's
of 7,000
the market has been quiet. There is a firm tone to the market
bales, and an increase in shipments of 7,000 bales, and the
3tnd prices are a trifle higher. The quotations at the close were
shipments since January 1 show an increase of 8,000 bales.
9^c. for 1% lbs., 10/£c. for 2 lbs. and ll/£c. for 2% lbs. The The movement at Calcutta, Madras, Tuticorin, Carwar,
&c., for
activity noticed in the jute butt market last week has continued the same week and years has been as follows.
and a very good business was in progress up to the close.
CALCUTTA. MADRAS. TUTICORIN. CARWAR. RANGOON AND KURRACRKE.
Prices are firmly adhered to, holders
demanding 2%c. for paper
Shipments this week.
Shipments since January 1.
-qualities and 3c. for spinning grades. The reported transac¬
Year.
Great
tions aggregate 5,000 bales at the prices quoted.
Conti¬
Great
Conti¬
Total.
Total,
Britain.
nent.
Britain.
nent.
Comparative Port Receipts
and
Daily
Crop
*
Movement.—
A
comparison of the port movement by weeks is not accurate,
-as the weeks in different
years do not end on the same day of the
month. We have consequently added to our other
standing
tables a daily and monthly statement, that the' reader
may
•constantly have before him the data for seeing the exact relative
movement for the years named.
The movement each month
since September 1 has been as follows:
Tear
Monthly
Receipts.
1879.
1880^
■Sept’mb’r
458,478
968,31^
Novemb’r 1,006,501
Decemb’r 1,020,802
January
571,701
October..
333,643
888,492
942,272
February.
572,723
956,464
647,140
447,919
March...
476,582
261,913
.
Beginning September 1.
1878.
288,848
689,264
779,237
893,664
618,727
566,824
303,955
1877.
1876.
-98,491
578,533
822,493
236,868
675,260
901,392
900,119
787,769
689,610
472,054
340,525
500,680
449,686
132,937
1875.
169,077
610,316
740,116
821,177
637,067
479,801
300,128
Total year 5,075,110 4,430,842
1,140,519 3,901,825 3,734,592 3,757,682
Pero'tage of tot. port
receipts Mar. 31
89-58
93-10
89-78
92-48
99-66
..
This statement shows that
up to Mar. 31 the receipts at the
ports this year were 594,268 bales more than in 1879-80 and
934,591 bales more than at the same time in 1878-79.
By adding
to the above totals to Mar. 31 the
daily receipts since that time, we
shall be able to reach an exact
comparison of the movement for
the different years.
increase
1881
1880
1879
1878
6,6*00
64,000
53.000
117,000
3,000
9,000
124,000
7,000
4,000
11.000
70,000
13,000
36,000
49,000
34,000
160,000
119,000
49,000
U3P For the past few weeks we have omitted from the above table
(Calcutta, Madras, &c.,) this year’s weekly figures, as we found there
inaccuracies in them
cabled to us. We are, however, making
arrangements, under which we hope not only to prevent errors, but
also to greatly improve this feature of our report.
were
as
new
The above totals for this week show that the movement from
the ports other than Bombay is 9,000 bales less than for the
same week last }rear.
For the whole of India, therefore, the total
shipments this week and since Janaary 1,1881, and for the cor¬
responding weeks and periods of the two previous years, are as
follows.
EXPORTS TO EUROPE FROM ALL INDIA.
1881.
Shipments
to all
Europe
from—
56,000
Bombay
All other
This
week.
p’rts.
Total
56,000
1880.
1879.
Since
This
Since
This
Jan. 1.
week.
Jan. 1.
week.
Since
Jan. 1.
406,000
117,000
49.000
9,000
398,000
160,000
30,000
11.000
277,000
119,000
523,000
58,000
558,000
41,000
396,000
This last statement affords a
very interesting comparison of the
total movement for the week ending April 28, and for the three
years up to date, at all India ports.
Alexandria Receipts and Shipments.—Through arrangements
we have made with Messrs. Davies, Benaehi & Co., of
Liverpool
and Alexandria, we now receive a weekly cable of the movements
of cotton at
Alexandria, Egypt. The following are the receipts
week and for the cqiresponding
and shipments for the past
of the previous two years.
CHRONICLE.
THE
471
[Vot. xxxn.
ZZ
Alexandria, Egypt,
April 28.
men
Liver-
9,402
23,358
3,591
Since
New York..
N. Orleans.
Mobile
Charleston.
Sept. 1.
Savannah..
9,161 133,841
1,700 232.450
3,451 169,204!
1,000 157,000
2,000 73,500
9,66 L 359,341
5,151 451,654
3,000 230,500
Texas
Norfolk
Baltimore..
Boston
Philadel...
San Fran..
1,316
4,000
9,010
3,000
4.500
2.726,500
This week....
8iuce Sept. 1
Exports (bales)—
To Liverpool
1,564,000
3,199,000
This
week.
Since
This
week.
Sept. 1.
This
week.
Since
Sept. 1.
500 225,500
Total Europe
4627.CityMarh
This statement shows that the
receipts for the week ending
April 28 were 4,500 cantars and
were
9,661 bales.
the shipments to all Europe
Manchester Market.—Our report received from Manchester
to-night states that prices for twists are %d. lower, that shirtings
are unchanged and that the market is fiat.
We give the prices
of to-day bSow, and leave previous weeks* prices for comparison:
814 lbs.
Shirting 8.
32* Cop.
Twist.
d.
lO1^
9ifl3>1038
9*4® 978
914® 978
d.
Feb. 25
Mar. 4
“
11
“
18
“
25
Apr.
1
“
8
“
“
"
15
22
29
9
9
9
9
CotVn
s.
d.
s.
Up (Is
d
6 10Lj®8 27s
6 1012®8 27q
6 9
® 7 10*2
®7 10Lj
6 9
978 6 7^®7 9
978 6 7*2 a>7 9
978 6 9 ®8 0
978 6 9 ®3 0
9*8 6 5L2®7 8k>
6
5^2® 7 8*2
®
®
'®
®
83»®
8»h®
32*
Mid.
Cop.
Iwist.
d.
d.
113s ® 1 2
113a ® 12
631G 1114 ®113i
®ll^
6316 11
®11^
6316 11
LI
6
®ULi
®11L2
dis 11
6
L012 ®11
51*18 I03g ® 1078
5l*i<i 10*8 ®10^
d.
638
638
s.
8*4 lbs.
Cottln
Mid.
Shirtings.
Uplds
d.
s.
d.
d*
7 9 ®8 9
®8 9
7 9
7 6 ®8 3
7 4Lj®8 3
7 4^®8 3
7 4*2®8
3
7 4L*®8
3
7
1L2®8 0
@8 0
7 0
6 10L;®7 10 h
7*1 8
738
73q
714
73s
7H
714
7
ei*l6
6*8le
The Following are the RECEiprs of Cotton at New York,
Boston, Philadelphia and Baltimore for the past week, and
since September 1, 1880:
Ncio York.
Receipts
from—
This | Since
week, Sept. 1.
j
Philadelphia.
Boston.
This
week.
Since
Sept. 1.
7,220
3,291
25,303
N. Orl’aus
Texas....
Savannah
Mobile
Florida.
S.Car’lina
N.Car’lina
4,243 141,S73
1,267- 94.788
2,800 214,132
'""•i! 136,074
4,759
2,402
Virginia..
1,626 213,815
“58 i 59.6*75
4,816
3,769 143,955
657 111,824
...
.
North, pts
Tenn., &c.
Foreign..
478
451; 38,307
102!
3,928 144.001
319!
3,385
This year. 15,218
Last year.
993,950
618
This
week.
Since
This
Since
3,213
104
21,431
789
! 50,678
6,880
17*753
253
829
18.931
i*,iVi
44,130
561
1,275 68,775
2,432 202,769
3,152 332,954
307 81,766
2.053'l67.865
United
reached
95,089 bales.
So far as the Southern ports are concerned, these
are the same exports reported bv telegraph, and published in
the Chronicle last Friday. With regard to New York, we
include the manifests of all vessels cleared up to Wednesday
night of this week:
Total
bales.
Liverpool, per steamers Abyssinia, 2,585
Bothnia, 175
City of Berlin, 664
City of Brussels,
of Paris, 811..England, 2,389..Herschel, 2,336.
9,402
To Hull, per steamer Sorrento, 100
100
To Havre, per steamer St. Laurent. 677
677
To Bremen, per steamers Mosel, 490
Weser, 700
;
1,190
To Hamburg, per steamer Silesia, 410
410
To Rotterdam, per steamer Nero, 261
261
To Antwerp, per steamer Switzerland, 400
400
To Reval, per ship Lorely, 1,970....per barks Emilia, 2,300
....Nina, 1,731
6,001
NEW Orleans—To Liverpool, per steamers Author, 1,850....
Cadiz, 2,950—Excellent, 4,341
per ships Enoch Train,
Cobb, 4,361....per bark Glaspee, 3,180... 23.358
To Havre, per steamer Alexandre Bixio, 3,584
per barks
P. Bredsdorff, 2,358
Orion, 1.001
6,943
New York—To
ship Saranak, 2,743
per barks Navigatore, 2,207
Themis. 3,552....
To Reval, per bark Tellemacli, 2,274
Mobile—To Liverpool, per bark Clytie, 3,591
Charleston—To Barcelona, per bark Embla, 1,412 Upland
Savannah—To Liverpool, per ship Pohoua, 1,005 Upland and
311 Sea Island
To Bremen, per
To Santander, per ship Don Juan, 700 Upland
Texas- To Liverpool, per bark Anna, 4,000
To Havre, per bark Flora, 1,750
To Bremen, per bark Emma Parker, 1,751
To Antwerp, per bark Flora, 1,035
8,502
2,274
3,591
1,412
1,316
700
4.000
1,750
1,751
1,035
1,450
1,060
To Reval, per bark Sidon, 1,450
,
To Genoa, per barkentine Karnan, 1,060.
To Vera Cruz, per steamer Whitney, 903
903
Gracia,
Kolu (additional), 202
Krouprinz F. Wilhelm, 690
Boston—To Liverpool, per steamers Caspian, 789
Illyrian,
Minnesota, 649
822...-.Massachusetts, 487
Olympus,
1,259
Philadelphia—To Liverpool, per steamer Lord Clive, 2,000...
San Francisco—To Liverpool, per ships Knight Companion,
309 (foreign)
Jos. S. Spinney, 5 (foreign)
381
m
m
......
^
2,000
314
......
*
......
1,696
9,370 12,745
9,725
2,112
1,060
95,089
Hull, 100 bales;
New York,
24, aud will
total loss.
a
this city, Fernandina
attributed to the pilot.
Bermuda, April 12, with loss of all of the propeller blades. The
captain reported April 5, during moderate weather, discovered
that the propeller blades were gone; supposes the loss was occa¬
sioned by striking floating logs of timber, as several were passed
immediately afterward. She was discharging on April 21.
Mobile, steamer, from Mobile March 31 for Liverpool, ai rived at Queens¬
town April 25, short of coal and with loss of funnel.
Lord Canning, ship, from New York, at Liverpool April 22, had deck¬
house slightly damaged aud lost two boats.
Crown Jewel, bark, at Galveston, loadmg for Liverpool, with 2,000
bales of cotton, was discovered to be on tire on Monday evening,
the 18th iust. There was no one but the crew on board, and they
managed to extinguish the Are, which was confined to one bale of
cotton, stowed immediately under the dock. There was slight
damage to other cotton by wTater. The burnt bale was sent ashore*
there being no other damage requiring breaking out of cargo.
Cotton freights the past week have been as follows:
Liverpool, steam d. 3ie® U
Do
sail...d. 532-733
V
Havre, steam
c.
sail
Do
Do
sail
v
*2*
V
*2*
V
V
V
V
716'@12
7i6®ki
716®12
.c.
Fri.
Tlmrs.
3ig® *4
31C® *4 316® *4
*32®732 *32®732 532®732 *32®732"
310®
531T732
*2*
c.
Bremen, steam,
Wednes.
TUC8.
Mon.
Satur.
716® *2
•Lj*
716®1‘2
c.
....
Hamburg, steam, d.
V
V
14*
H*
H
34
J4
*4
*4
*4
14®°16
14®9io
14/5'9lft
sail-.-d-
Do
.
J4*
....
....
....
....
....
....
....
....
....
.
14®9l6
sail...(?.
Do
mm
....
Amst’d’m, steam.c.
Do
d.
38
c.
5I6
sail
892
38
51G
51C>
38
38
%
5I6
°1G
516
'
Compressed.
Liverpool.—By cable from Liverpool, we have the following
statement of the week’s sales, stocks, &c., at that port:
April 14. April 22. April 29.
April 8.
64,COO
4,900
3,300
52,000
4,900
13,500
821,000
626,000
28,000
22,000
395,000
301,000
Sales of the week
bales.
Of which exporters took ....
Of which speculators took..
Sales Americau
Actual export
Forwarded
Total stock—Estimated.. *
Of which American—Estim’d
Total import of the week
Of which Americau.
Amount afloat
Of which American
The tone of the Liverpool
week ending April 29, and
been
as
32.500
3,700
11,000
863,000
644,000
91,000
56,000
377,000
298,000
52,000
4,000
2,500
43,000
30,500
3,600
500
<22.500
6.600
6,600
21,500
17,000
927,000 1,000,000
762,000
710,000
113,000
153,000
112,000
104,000
286^000
350,000
253.000
177,000
market for spots and futures each day
of the
the daily closing prices of spot cotton,
Saturday Monday.
8p*t.
]
and
Fair dem’nd free¬
steady.
ly met.
Mid. Upl’ds
Mid. Orl’ns
57s
51*16
57e
51*16
Market,
12:30 P.M
Market,
5 P. M.
Quiet
?
£
$
Wednes.
Steady.
Firm.
.
Steady.
Steady.
8,000
1,000
1,000
inq.
freely
supplied.
51*16
51°ib
51*i«
6
—
—
8,000
Thursday.
Mod.
57a
5i°ie
6,000
1,000
exp.
Tuesday.
—
—
Sales
Spec.<fe
42,000
5,700
1,300
follows:
12,000
2,000
8,000
1,000
have
Friday.
Tending:
downw’cL
51*16.
6
—
8,0001,000
Futures.
Market,
5
P. M.
£
$
8teady.
Dull.
Barely
steady.
Very dulL
The actual sales of futures at Liverpool for the same week are given
below. These sales are on the basis of Uplands, Low Middling clause*
stated.
SATURDAY.
d.
May-June.
d.
....6
Delivery.
| June-July
April
Apr-May...
•
.
I
I
Delivery.
Sept.-Oct
I Nov.-Dee
52%2 I July-Aug
..578®2932 | Aug.-Sept
d.
GLg
5tJV:i2
Monday.
4,006
2,000
Apr.-May
6332® 116
Aug.-Sept..
Sept.-Oct. ... 6332® X1S
-
...
.
May-june
—
June-July..
..
—
.51*16
.GI32
.
-
June-July
Oct.-Nov
Nov.-Dee
6
51Kis
52%2
Tuesday.
314
particulars of these shipments, arranged in our usual
m
Coboxilla, steamer (Br.), from New Orleans for Bremerhaven, with a
cargo of 3,007 bales of cotton, and corn, arrived at 8t. Georges,
Delivery.
95,095
follows:
m
up.
this
that she was in the coasting trade between
and Galveston. The loss of the steamer is
April
are as
m
Part of the cargo, consisting of sugar,
The steamer is fast breaking
The City of Austin lias been one year on the route between
port and Matauzaa via. Fernandina and Nassau. Previous to
9,010
To Bremen, per steamers
form,
1,273
we
unless otherwise
John
283
Total
9,010
fruit, cotton, &c., has been saved.
*
Shipping News.—The exports of cotton from the
States the past week, as per latest mail returns, have
The
1,060
'
5,625 360,046
Buuyan, 4,260
Baltimore—To Liverpool, per steamers Enrique, 98
1,450
4,006
57,378
Baltic, steam
Norfolk—To Liverpool, per ship Alexandrovna, 4,750
1,035
1,751
1,412
2,016
11.949
892
4,006
2,000
314
probably be
26,625
t
9,948.975,168j
1,750
City of Austin, steamer, from Matanzas, via. Nassau, for
stranded on Pelican Shoals, near Fernandina, April
1
96
700
give all news received to date of disasters to vessels
carrying cotton from United States ports, etc.:
Below
88,600
132
41.07T
.•.«
3,591
Baltimore.
Sept.l. week. Sept. 1.
......
Included in the above totals are from New York to
from Galveston to Vera Cruz, 903 bales.
1880.
1881.
2,274
8,502
381
Total...
A. oantar is 98 lbs.
6,943
1,412
....
To Continent
*
Havre. burg.
677
1.600
pool.
Beoeipts (cantars*)—
Rotter¬
Barce¬
lona (£
dam d*
SantanAntder.
Genoa.
Total.
werp. Reval.
661
6,001
18,441
Bre¬
&
Ram-
1879.
1880.
1891.
Apr.-May
—
..
..
May-June
June-July
July-Aug
—
.52932
....52832
....51*16
Aug.-Sept..
.
Oct.-Nov
May-June...
June-July..
July-Au g.
Aug.-Sept.
Sept.-Oct.
Nov.-Dee.,
6%
63is
6332
April
THE CHRONICLE.
30, 1861.)
Wednesday.
Delivery.
Aug.-Sept
8ept.-Oct
May-June
June-July
d.
Delivery.
Aprll-Mav..
May-June
...
..5i516
5?1a2
6iie
jrune-Juiy
6*8
July-Aug
d.
63ifi
6 *8
51&16
Delivery.
July-Aug
Aug.-Sept
0I3J1
Sept.-Oct
d.
6*333
6633
52*3#
6833
Apr.-May
May-June
5is16
6
Aug.-Sept
April.
I
Sept.-Oct
I Oct.-Nov
633af>i18
51B10
5**32
6*«
Nov.-Dee
~..52:>32
Aug.-Sept
July-Aug
Nov.-Dee
61 ie
57s
May-June
52*3>
Friday.
Aug.-Sept
57s
57s
Apr.-May
May-June
6»32
6I32
52*32
57a
Sept.-Oct
June-July
53i32
Oct.-Nov
July-Aug
GI32
Nov.-Deo
May-June
June-July
July-Aug
5*732
---6iBi«
6
Nov.-Deo
52732
BREADSTUPPS.
The flour market has been somewhat
irregular during the
demand has been mainly for
low grades, and as these have been scarce prices improved
slightly; but the medium and better grades were dull at weak¬
ening values. Supplies of all kinds are quite moderate, but
general trade is slow. Rye flour has declined materially, under
:an increase in supplies.
Corn meal, on the contrary, is dearer,
through an improvement of the export demand. To-day the
■market
The export
1878-79.
4,979,403
4,833,974
4,683,533
bush.
04,954,408
80,538,002
30,444.875
71,385.457
81,127,496
20.195,487
9,862.449
73.374,99 )
63.313,193
61,642,743
58,568,848
3,504,392
23,104,104
8,953,042
3,871.041
18,754,078
8,781,696
186.075,281
173,116.370
150,967.223
Corn
*...
Oats
11,042,015
3,029,026
Rye.
Total grain.
193,008.326
...
The wheat market has been variable and unsettled.
1877-78.
3,219,858
Comparative shipments of flour and grain from the
ports from Dec. 27 to April 23, inclusive, for four years:
1881.
Flour
bbla.
Wheat
Corn
Oata
bush.
Rye
Total grain
....
1880.
1879.
same
1878.
2,740,462
1,522,217
2,181,115
1,909,980
8,105,978
17,109,882
8,474.234
1,682,531
808,168
9,053,868
28,317,378
5,037,854
1,216,880
572,863
11,477,828
15,017,392
5,136,905
1,001,152
010,666
16,265,403
17,130,979
3,049,270
3,296.963
951,840
38,180,793
44.198.843
34.479,943
38,694.465
Rail shipments from Western lake and river ports for the
weeks ended:
1880.
Week
1881.
Week
April 23.
Flour
Wheat
Corn
Oats
April 24.
April 26.
174,714
90,467
bush.
1,088,183
1,520,284
839,872
50,162
143,102
509,918
429,803
58,005
38,743
41.073
114,039
43,940
3,548,249
1,181.504
3.017,955
Barley
The
1879.
Total
1378.
Week
bbls.
Rye
dull and weak.
was
1879-80.
6,432,469
Barley
Friday. P. M.. April 29. 1881.
week under review.
Wlieat
1880-81
bbla.
Barley
Thursday.
June-July
Flour
475
119,623
Week
April 27.
93,761
800,384
167,099
523,588
175,443
1,095,031
303,955
28,933
%
8,831
904,499
Rail and lake shipments from same ports for last four weeks:
frequent, even on the same day. On
Week
Oats,
Flour,
Wheal,
Corn,
BarJey,
Rye,
oois.
biisti.
bush.
bush.
ending—
bush.
bush.
Tuesday a decline in freight to Liverpool by steam to 3d led to
2,055.719
npiu
1,0 4o,921
855,674
56,102 38.743
a large business for export, which in turn stimulated
specula¬ April 16...185,141 1,261,858 1,881,075 851.046
68.084 45,206
650,717
60.342 72,758
9...204,618
1,178.199
458,977
tion in futures.
Yesterday the market was somewhat de¬ April
April 2...228,464
1,752,195
921,889
398,445
72,530 52,053
pressed, but closed steadier, the sales embracing No. 2 red
Tot.,4 wks.794,123 4,181,415 7,167 .188 2.561,742
263,118 209,360
winter at $1 28@1 28^ on the spot, $1 23@1 23% for May, 4
w’k»’80..426.402 5,005,842 13,344 ,163 1,879.255
312.317 273,907
$1 20/£@l 21 for June and $1 T7/£@$l 18 for July, and No. 1
Receipts of flour and grain at seaboard ports for the week
white, $1 24@1 24^ on the spot, $1 20@1 20/£ for May and
Flour,
Wheat,
Oats,
Corn,
Barley,
Rye,
$1 18%@1 18M for June.
Stocks in this market are now very
bbls.
At—
bush.
bush.
bush.
bush.
bush.
York
117.914 1,040,250
502,690 573,282 127,090
5,344
«mali, and supplies, except by rail, cannot be large until about New
Boston
84,439
130,130
305,800 32,400 23,250
1,000
the middle of May.- To-day the market was ^@lc. below these Portland
2,380
3,300
0,800
60,000
Montreal
16.660
800
1,400
figures for early deliveries, but otherwise unchanged.
188,000
20,010
144,000 38,250
Philadelphia
3,000
1,000
Baltimore
400.800
200,000 21,700
25,459
Indian corn has been very scarce on the spot, and
3,000
prices have New Orleans
15,074
07,302
115,70S 54,728
advanced materially; but for future delivery the
improvement
Total week
282.596 1,947.282 1.455,198 725,060 153,340 10,344
has been slight and fitful. The speculation,
however, continues Cor. week ’80.... 150,920 1,548,731 2,409.104 330,095 29.150 21,724
to be sustained by the length and
Total receipts at same ports from Dec. 27 to April 23, inclu¬
severity of the winter and
sive,
for four years:
the extensive home feeding having a
tendency to cause scarcity.
1881.
1880.
1879.
;
1878.
To-day No. 2 mixed on the spot sold up to 64^c., but receded Flour
bbls.
4,261,205
2,703,188
3,200,200
2,729,733
to 63/£c., and sold at 56%c. for May
and 55c. for June.
25.304 8S7
Wheat
bush. 18,693.715
10,178,535
19,822,119
41.107,906
33,315.904
20,312,513
32.491,913
Rye has been dull and drooping, prime boat-loads being Corn
Oats
0,806,000
5,306,320
5,902,434
4.527,828
quoted at about $1 10 for May arrival. Barley quite nominal. Barley
1,750,948
1,353,100
1,320,102
2,001,025
501,829
351,283
Rye
987,430
1,259,622
Oats have been variable. To-day the market was
firm; No. 2
Total grain
54.387,011
04.857,2(4
60,890,757
graded quoted at 50c. for white and 46c. for mixed, and No. 2
00,102,502
Exports from United States seaboard ports and from Montreal
mixed sold at 44%c. for June and 45c. for July.
for week ending April 23, 1881:
The following are closing quotations:
Corn,
Flour,
Wheat,
Oats,
Rye,
Peas,
fluctuations
were
wide and
.
• .
jl t
>
....
Flour.
Grain.
Wo. 2
$ bbl. $3 20® 3 05 Wheat4 25® 4 40 j
Spring
$112 ®1 20
Red winter
Spring superrine
4 00® 4 30 ,
1 15 ® l 30
•Spring wheat extras.. 4 00® 4 90 I
Red winter, No. 2
1 27^®
Winter super tine
do XX and XXX...
Wis. & Minn, rye mix.
Winter sliipp’g extras.
do XX and XXX...
^Patents
•City shipping extras.
Southern, bakers’ and
5 00 ®
5 25®
6 50®
4 00®
family brands
fioutli’n skip’g extras.
Rye flour, supertine..
Corn meal—
Western, &c
Brandywine, <fcc...,
0 25 |
5 00® 5 50
4 05 ® 5 10
5 75®
4 75®
5 SO®
0 50
8 25
5 05
0 75
5 50
0 20
2 75® 3 10
3 20® 3 95
White
Corn—West, mixed.
1 15
GO
®1
®
02*2 ®
...,®
63
®
W*akt. No. 2, new.
Western yellow..
Western white
South, yell’ w, new
South, white,new
...
.
03
1 10
44
48
1 00
Rye
Oats—Mixed
White
Barley—Canada W.
20
64
63*2
65
®
®
05
®1 14
®
47
®
52
®1 15
State, 4-rowed...
®
State, 2-rowed...
Peas—Cau’da.b.&f.
®
(From the “ N’ew York Produce Exchange Weekly.”)
Receipts of flour and grain at Western lake and river ports
for the week ending April 23, 1S81:
Flour,
Wheat,
bbl*.
At—
(190 lbs.)
Chicago
42,412
Milwaukee
Toledo
Detroit
Cleveland
6t. Louis
Peoria
Duluth
64,341
737
bush.
(00 lbs.)
64.270
1L2.200
bush.
(50 lbs.)
567.146
4,500
110,712
220,329
178,200
10,101
91,000
730,110
302,350
11,239
2,003
32,012
2S0.103
4,645
11,800
Total,
158,054
Came time’80. 114.530
Corn,
799,980 1,943,533
052,082 1,537,941
Oats,
bush.
SUdur
bbls.
Wheat
Com
Cats
bush.
:
Earley
Rye
Total grain
1880.
2,753,339
1,779,657
11,757,565
25,751,094
9,315,370
3,154,193
567,220
13,089,454
40,436,960
0,772,232
1,999,705
681,706
bush.
Rye,
bush.
(32 lbs.) (48 lbs.) (50 lbs
333,051
10,500
37.173
15,560
)
7,703
8,712
20,081
7,735
51,200
10,937
2,000
179.993
22,482
4,623
135,000
9,200
14,560
5,900
747,163 103,252
625,977 70.809
Total receipts at same ports from Dec. 27 to
sive, for four years:
1881.
Barley,
2,094,418
17,786,224
23,242,798
7,144,094
1,911,290
914,698
50,545,442
35.658
24,771
August 1 to April 23, inclusive for four years;
115,020
24,572
bush.
bush.
bush.
003,808
bush,
1,191
20,376
5,601
1,600
Philadelphia..
0,210
276,773
Baltimore
New Orleans..
0.954
2,255
379,789
178,802
Total for w’k 157,411
Same time’80. 102.719
1,758,890
1,388,403
2,288.520
2,102,210
171,703
4,800
25,930
335,777
191,185
1,191
5,070
20.370
10,401
7,878
9,536
The visible supply of grain, comprising the stocks in granary
at the principal points of accumulation at lake and seaboard
ports, and in transit by rail and water and on canal frozen in,
April 23, 1881:
In store at—
New York
Do. afloat (cat.)
Albany
Wheat,
Corn,
Oats,
Barley,
bush.
902,355
bush.
bush.
bush.
207,150
699.381
23,000
156.000
52.000
100,000
5,500
1,901
151,953
7,076,150 *3,849,040
27,500
3,129,503
5.000
1,351,000
333,917
1,003,187
Buffalo
Oliicago
Milwaukee
Duluth
Toledo
Detroit
390,709
Oswego
St. Louis..
Boston
Toronto
20,000
40,000
218,867
992,708
150,433
84,810
253,430
44.007
Montreal
204,380
Philadelphia
i.-..
rndianapolis
Kansas City
0.340
27.400
88.400
95,602
12,972
97,273
.123,541
65,100
2,378
074,997
3,019
57,023
200,000
85,000
80,007
139,259
177,300
66,159
5,190
9.000
9,190
150,000
00,978
40,316
1,900
23,918
110,000
172,567
30,200
2,318
4,930
163,929
Rye,
bush.
16,258
47,000
38.500
4,483
74,027
3.494
20,000
2,092
651
141
7,136
9,193
2,014
12,351
!!!!!!
L ’*680
558,898
45,471
471,302
40,191
Baltimore
Down Mississippi.
On rail
1,333,888
1,934,234
51,143
535,435
Canal and river..
1,231,982
3,900,035
973,572
15,802
76,669
58,753
255,733
239,800
11,230
1878.
1,911,139
18.157,452
23,479,232
6,342,521
2,302,836
1,243,041
50.990.110
51,525,082
02,980,063
T(*
Comparative
receipts (crop movement) at same ports from
....
#
bush.
bbls.
777,706
91,300
50,400
Peoria
April 23, inclu¬
1879.
From—
New York
Boston
Portland
Montreal
Tot. Apr. 23, ’81 19,820,832 12,829,188 3,217,537
April 10, '81
20,456,502 13,378,708 3,050,061
April 9, ’81
20,723,131 13,467,447 2.948,583
21,752.359 14,206,409 3.201,160
April 2, ’81
Mar. 26. ’81
21,413,138 14.295,889 3,384,643
April 24. ’80
21,494,865 12,747,937 1,909,549
*
1,440,075
1,599.935
1.760,072
1,979.208
298,288
2,139,201
329,664
447,491
433.801
522.433
1,292,978
495,376
Including 715,633 bushels afloat.
The
following-statement, prepared by the Bureau of Statis¬
tics, will show the exports of domestic breadstuffs from tha
undermentioned customs districts, during the month of March*
476
1HE 'CHRONICLE.
1881, and for the nine months ended the same, as compared
corresponding months of the previous year:
with the
5560*0
5!
ft P tr
•
-
*
’
•—
•£;*}
y
<
*£(?
P
ggpp
: ct.
o
:cNPi«i?ob
<?g&
JsSf.
-s
C P
2:
©
ft
ft.
3D ®
of the market.
p
CK
^
Domestic Cotton Goods.—The export movement
p-
.
O oc
SB
2 2
c
o
P*P<*
to
0»
» ©
oe
b
55
* *
©P-
.
b
£■
s;s?: :
P
£g S5:
2
S'
S’
a?
«*.
xx
xx;
<0
CO 00
xx
©M
©m;
•
1.08 84 25
to ►-*
©X©»-
to
I0M
bo©©-©
©
©bit-*
*-*©w©
XX wc
© ©
MC«b
.
:
X © ►— tr-
©Wit*"!
.
i-*
O' <1
;
CC t-*;
O' ©
.
tc, ©■
X©<! 0.
:
© to'
to
OC
•
to ©
© © © © *-1 X
•
n
(3
o
rf-ot©*-
tc<ic. ©
Mk0*4©
© *4 ©
mm;
©M©rf»-p-sJ
M*4'
co toco© Q©
C. H Oi O1 C O'
too- O'00 OMO'
<-©:
X©CX
*4*4«fa-
©*4
M©«©
©
;
<jbtMM
i;b © •
©Mto©Mfa-M
*j o
©;
o-o©.
M> X*
M CO -1 W ^
yxcucs to
**<
^
xmx©
HslW;
bo*4©*i
©*©©•'
coox©
m c
tC
*-*
x»7c
X -1
Cj'CO;
MCOtOX©©
CO©*
** © X ©
:
©X**J©
.
<1X :
to M X •
MX © © X ©
05 CC © © M ©
© X rx O' ^1 ©
C CO w on-a on
yi©©.
C MM *4 00©
M
tetOOOH
O'if* X
© © © X c
•
©
co;
© © © co or.
•
©
i— •
*0 © Z/J © «t- to
©©:
to MM O'CO ©■
© <1 © © © ©
© w
CO
M
M
©X;
©ox b
cxiw;
c-1—
•—
on
.
—
M
to
b*—>
©X
*xb
? a
•-*©©
teig*
,©
*
x* woto :
CO © to rf*
W-JX-C
MX® ©©X M
©XO'I
c'-i*'-to;
CO©
!
]
.
.
to
;
to«t**
CC C/i ]
© © .
•
to —c
•
tt*ictco*
bO ■O
.
X «fa* © ©
to©
M © © tC
•
.
’
M
•
■
•
**©'
© ©:
•
:
•
O O
© x x <©.
M — C: *4
unsettled.
on;
b*
to*
i
M
©.
MM*4M*l*4to*4 © w c
*; to O' fa* tC M M M © ©to
©.
to © mio to © © *4 *4 x fa¬
to;
M*
to lob
on a. a x
<t W on to
d c»
o ^
©■
93
to
M to M ©
to
MtCMCiM© ©00
CO
<fr M tc m
©co mcox© ►uor:
viocaototcccoccx
oiwxpoci ©. co ©
MX tO-jloColo M M
W;
m:
©x
m © w on *i *4 *4 oo w ©ic
;o*i on x m m m © © ©©
w
to.
5
S
w;
c; w x- to
os
©
© On M —■:
.
CiOi
c.
vJ^O ;;;;;; to; ;
©©to©
•
x-l X M
:
’ i
:
:
-] © © to
to:
:
:
Ov
•
•
:
1
h-»
.
O
Bushel.
1
‘
The
b
importations of dry goods at this port for the week
ending April 28, 1SS1 aud since January 1, and the same facta
for the corresponding periods of 1880, are as follows:
M-i
'
©-1 M to
MMX©
M
M
toto*) ©
*) o;
•
*— o;
wo'mmi :
:
:
:
:
m:
*1.
0**1©©
.
•
b '
n
ra
o
p
a
rf
:
a-
P
•
b-
:
co
.
to
r—«
*4
P
,-f
S'
Included in the forocoin^ totals are the reports from Milwaukee,
New Haven, Portland, Richmond and Willamette, the details tor March,
1881, being as follows:
fS
c
C+
P
c —©
-_g
i-.
C
O
V
n.
•
o
P
.
kcc.
Barley—
cite.
corn
©to
X
O i—i
i **
C x
r-i
DL
O
.
.
*
•
£
v
'
.
'
3
C*
*
-5
P
p
•
■
•
a
co •
;
;
;
*
s
XT
p">
•
;
|
9
c
r+
:
::
^
y*
r' erf
•
Sr
,
Vj *
rfP
3TI3SSO 35
a
zL
o
p
.
^
*1
_
•
I
t—
jP
corn—
Bushels
Value
Indian
land.
Wiliam
trt
§; :: P
cc.
^9
2 jr
a
c*
•
©
*
.
*
a
;
;
;
££
X
p *
i—*
p
•
a
rr*© o
r-t
c
a
rs
© p
d,
□
•
o
.
ft.
,
:
o
■
•
«
p :
co;
:
•
ci
d
«
•
a>
c;
•5;;
r-t
H
ert
1
o
T*
1
'tii
1
'
•
•
•
•
© ©
C^t
O'
© ©
to to
M l-i
C. O' © O' X
X © X x to
©
M
d
'
•4
40,136
20,800
i?
37,713
M
©—
14
»*
M
*)
22,62S
**
meal—
O'
Barrels
A
4j*j
to M M to
M©
CO MX ©to
*4 i—1 M CO ©
©*1
©X
M -1
^
Value.....
*
x to CO ©
*4 © © CO O'
© © X •— *4
M
*)©
o
O'MOOfaO
1 rffa X © ©
fO **«1 C*
*
Oats—
*) ©
a •©
o©
X
tv
I-*
©
bio;
**
J-
H
n
7
01
M 10
a ©
©
©to
CO
0-
•fa• X
*4 ©
3*
*4
©1
>
w
b
M
“
Bushels
Value
Indian
Rich¬
mond.
Port¬
£
P
•
© *
Xcw
Haven.
H
c:
; :
CT
Milimn-
H
s
2?
“
rt
*
.
been dull
a
Importations of Dry fioodn,
M
to
have
jobbers have experienced
10 M
CO
o'
©
©
C-n.
CO-3 t—* »©
X ©
©x©xm*ix© to x'©
m © x © wm x to © ©*i
On © *1 >— © X* — - I © mo
©:
w.
*—
b
OC
to*
MW^tC
COM t-i ©
HMWO© © X to X*
w
vs
©©oxl’
©.
Dry Goods
in importers’ hands,
fair demand for light re-assort¬
ments of silks, dress goods, millinery goods, linens, embroid¬
eries, laces, hosiery and gloves, &c. Prices of the most desir¬
able fabrics are fairly sustained, but there is some pressure to
sell low-grade silks and some descriptions of dress goods
by
means of concessions from nominal
holding quotations.
but
2.
toto
x
t— oi -j
ot;
On.
Foreign
©j <.
m-<
©
«3
more
requirements. Worsted dress goods were mostly quiet, and
buntings are lower in some cases. Carpets were unsettled
by the auction sale alluded to above, and some makes of
tapestry carpets will be reduced on May 1 in order to meet tho
market. Hosiery and knit underwear continued quiet and
Co
© to © ©
somewhat
a
lace
CO CO © M K
XWMt-
to
o
>J
to © to OC
;
•
Good3.—There has been
satisfactory business in heavy fancy cassimeres, and consider¬
able orders for both all-wool and cotton-warp makes were
placed by the clothing trade. There was, however, much
irregularity ia the demand, a marked preference having been
accorded to leading makes, some of which are largely sold to
arrive. Heavy worsted coatings received a moderate share of
attention from clothiers, and fair sales of faucy-backed oyercoatings worsted
were made to the same class of buyers. Spring cassimeres
Ij "and
coatings ruled quiet in first hands, but a fair dis¬
tribution was made by cloth jobbers wrho control certain makes
at present.
Satinets were in light demand and Kentucky jeans
ruled quiet, save in exceptional cases, where price concessions
and liberal time inducements enabled agents to make consider¬
able sales to jobbers disposed to anticipate their autumn
cS
C»*
b
w©cow
M*© fa*' !£
© to
•
ife'tO
<t© wto
#• w © cn
© <1 to tOMOOl
Htc«
•
•
© © 10 CO
*-* CO O'
© :
CO to to
to#--! to;
©XW-:
:
•
**.m®
fr.
.
M
m
►_
to © ©
b
Mt~-
© X © ©
© © — O'
© WIvH
to
»o
w.
to x *4 a.
CO to to h-1
•fa. © to y-
CO WX ©^-is*
i— *-* © On 0- 0 <
© W © M ©--]
'-IC'K •
*i m o.
M
o:
*
© lOrfa-O'
©
*4;
© © to a
OH © to to
o
—
CO© toco
93
tC M ©
to
M
CO CO
O
© to © M
93
to
to
a.
•
toco
wio Vj©b.
-i;
to
•
© tfa- rfa* <1
© to © *4©©
X © © W © fam
Domestic Woolen
CO © © -IX
© O' © -1 O'
»o©b>M
to
M
:
i-MtO**
r>*.
to
:
:
;
CO © © O'
a
©x tow
©Vim©
u:
o: co
W©©0'>-*M
M *4 *4 X O —
CiviciMvjt;
tow
-5®©©
:
t—1 to
^joso'X
© © © —
to**©©
M
CO0050 -I
;
©© H*
©-J>-X
CC ©
M©
M©*’©
;
:
exports of domestics for the week ending April 26 were 3,294
packages, of which 1,751 were shipped to China, 744 to Great
Britain, 409 to United States of Colombia, 68 to Central America,
65 to Venezuela, and smaller parcels to other markets. The
demand by jobbers was mostly restricted to moderate lots of
plain and colored cottons of the best makes (most of which are
steadily held), and low grade fabrics ruled quiet until nearly
the end of the week, when reduced prices enabled agents to
effect a fair business in some makes of bleached goods that have
been very quiet of late. Print cloths were quiet aud a trifle
easier, extra 64xG4s closing steady at 3%c., and 56x60s at
3 5-16c.
Prints and lawrns continued sluggish, and cotton dress
goods were generally dull; but there was a satisfactory demand
for dress ana staple ginghams, which are in light
supply and
firm.
<N
:
o>
to
r-
5“
a:
or
©XCjQO
i-o«*-XMO
jo*i«m4
b«Mto<4
fca
i-*
•
a
XC5©tfco m
•
O' I-*
© to X
WHW
to
•
•
X i-1 to ©
w to c
«-© £■*
—
M 00 HM
aoc t-;c;
Vj •
z
©<!©©
1—
O' <1 to OC
©■a*
!?
M
1
■Ctfa.rfj.i-.
M
in cotton
ids fair
is progressing
be the largest
the present
business
foods
favorably,
and history,
year’s
in the
of the
trade.
The
o
•
oo oo
5 0DQ0
0‘^Or55 » ♦
Amsterdam, New York. The sale was the largest of its class
ever held in this country, and about 7,900
pieces were disposed
of, but at prices which probably entailed a loss upon the manu¬
facturer, though it is doubtful whether the goods could have
been sold privately to such advantage, in the present condition
ggSg
“ r*
o c
d
d K
OPno®
©©^2;
[ 01. xxxn.
© C* X *4 *4
MM lO tO tO
Oi
**i
J
'"fV
is
*1 00 fa* XX
M
©b
<
© © © it* *4
a*
*4 (0 r-*©©
p
©© ifa.be x
© © © © ©
© © © +* ©
X
^
*8
<4
M to ©
M
© *4 © ©
to *4 00 X
©
M to
■v
r*
*4
x=*
o^
<©*1
$
Value
c.
ByeBushels
Value
WheatBushels
Value
Wheat HourBan els
Value
Total values—
ip
67,363
ip
4,100
20,750
$
ip
©tCfr©
>
©X © CC rf*
© Ci' © *4 M
t o »t* X © ©
X
T!
r-
©
r**4
to
CO
o»rx
2,373
117,913
506,465
•
1,451
1,887
9 331,504
ip (375,003
I860
J=r
<
©
t-*4 >:->p*©
>
s
r—4
to
it-**
<©*1
*,i*Irfj.Oi©
a
0*
CO
X
*1
0*4
M *-* M 10
©
CO ©
X *4
©©
*1
o
C ©
On © X CO m
tO tO
©
CJ' X fa* © *-*
X
10
M *4
©< *4
rf"- ©
*4*4
fa-
to
f-u f-i
fa*
fa*
if*
d
C;i
5P.
b
© CO M 00 M
M 10 *4 © ©
©
24,189
164,560
ISO,075
186,613
©X
to M M 10
139,860
-4
box
tOfabbfa
to
©©
CO © I-* M ©
r-
M
CO
©©©*1©
d
© © © to *4
p
8,090
25,070
164,930
336,955
©
tr*
to
*j ©
m
10 O ** © *4
©© ©
—
38,905
48.473
929,118 1,333,334 1,772,715
617.384 1,284,069 3,742,632
THE DRY GOODS TRADE.
Friday, P. M., April 29, 1881.
The movement in dry goods from first hands has been only mod¬
erate the past week, and there wasa good deal of irregularity in
the demand, certain fabrics having shown a fair degree of ani¬
mation while others were almost.neglected. The jobbing trade
was of fair aggregate proportions, and it is probable that the
business of the month, now nearly closed, will prove to be con¬
siderably larger than that of April, 1880, which, however, was
by no means an active month. The most important feature of
the week’s business was a peremptory auction sale of tapestry
Brussels carpets, the manufacture of Hr. Stephen Sandford,
©
o
7
CO
P
co ©
*j
©
©
C5
5
»C 1**
rf- © -1 © X
XIO
X © CO © —
Mtf*
*4 © O' * 4 ©
X *4 X O' M
X CO OO © ©
ft
O'
M
X©
rf- © ©
CO CO
© M©
tr*
©
©
X *4
M-l
*JC0
© r-*©©X
to
M
M
to©
©
*4 0
*1 X to © ©
©
CO X M X
1
it*
*
)
p
©to ©WOO
*; o; m 9 ©
10 fa*
xto
CD
it* ©
CJI CC
X *4
05
©
*
rtk
rt
o
—
b
M
§
H
83
M
M
*3 CO © CO
CC X X © *4
*3
*
X
*i
ifa*
to CO M OO
O © M X M
d
©
X
fa*
©Mb'©*!
O 1
XX
fa* ©
*4 10
to
t-i t-i
to
to©
*4©
*4 M
M © © O' +10 “ 1 CD v 4
© O' *4 '© X
© *4 © © ©
© to X ©
wi
>
*d
XM*4*4©9>
a*
C-*.
*•
*4 M MX©
M
00 © M © :0
*4
O M © *4 m
fa.
x?:
M
X
^
-t cv
10
M
?
-
Mft.
X^-
cao-g
to © *4
-J
i—»
to
CO CO M t O
*4
X CO M *4 OO
*4
if— © ’© M *4
© © X © to
X©lO©©
*1 ©X
M tO © © M
X
*1
*1 —
©©
X©
CO © © X ©
CC
X©
£*
05
M
to©
faMMMtO
oo
CO*-*
to©
Mtototo w
to
COM©©©
(X
fO *4
"x
©
*4 X
© O'
© co >— o; ©
O'to ©to©
*4
O'
M •© M
©
<1 M
<©M
*4-
© CO CO M to
*4 X
O
oox ©
*4
*1
XX
b» to bo ©to
to
© © © to ©
CO
*J
XX
Kr©
M© © to©
CO i-» j— x cr.
• 3 —*
©
Mr
•
X©
©
1 0 *-* *1 CO
-
\r
—S
X
'Cj
Jo
ft
tf
*
—
X
(fa*
X©
©rffaOC* ©
X
X
fa*
KO tO
X O' its* ■© ©
to
i-* M
.
.
a- X M OO M9^
oi 10 rf- M ©
bo ©
© *1
© X © © *1
©O'©
I
M
M
b
U-l
X
X
<x>
tO © © M t O
T*
fa* fa*
>-
M
X
X
p
75
>-
§
'
© ©
M
©
-
1^0
to
X
H*
*i
M
CC
•10 M
s.
Pv
O
X
X
©MM© ©
*4 © © 5 *4
MOO© *4
©xto tow
© X © c ot
M © © CC ©
CO *4
CO
*4
©
a
© c. w © ■■
© ©©■■)©
M
W
w
W
*4 © © ©
*4 to © © ©93© © © ©X
©
p
©
©
to
M
© *4
*—
*0+
M
*4id
3
H
MM
fa*
o
w
S'
3
w
fa* —
>
*4 ©tO ©CO.
O'
M
© X
to
UJ
tv C'J
9 months—
1881
CC
M©©0'
O'*4 X©
171,341
o
M fa* © to M
—
62,106
$
Mar., 1881
Max., 1880
to
P
©M
w
d
P
-
OQ
J
X
s
w
Bushels
*
3
]
00-93
CO M © X ©
*4 ©X © M
d
O
>-*
S
K-4
5
X
GO
M
*
fe
3
M
X
X
o
@FedFRASER