Full text of Commercial and Financial Chronicle : April 9, 1881, Vol. 32, No. 824 [Copy 1]

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iitantial

ommcrrial
AND

.a

MERCHANTS*

HUNT'S

MAGAZINE,

IMwgjjape*,

&

representing the industrial and commercial interests of the united states.
[Entered, according to act of Congress, in the year 1881, hy Wm. B. Dana & Co., in the office of the Librarian of Congress, Washington, D. C.l

THE
The

Financial Situation

Bi-Metallic Confer-

ence

Cotton Consumption and Over¬
land Movement to April 1...
The Tennessee Debt Settlement

CHRONICLE.

377

Tlie Debt Statement

378 Monetary

383

and

English News

379
380

News

“

Commercial Epitome
Breadstufts

384
386

months

more

I year this would have proved as

disastrous to the roads as

• the most inveterate croaker could wish.

there is such

an

Instead of that,

active business in progress,

in all depart¬

ments, that even with crop movements checked,
make very good statements, the returns we give
,
the drawbacks, a total increase in gross
I with all

railroads
showing,

I Quotations of Stocks and Bonds 391
I New York Local Securities
392
earnings
I Investments, and State, City
388 | and Corporation Finances... 393 • for March of $1,171,356 over last year’s favorable exhibit.
COMMERCIAL TIMES.
I Then the
steady flow of gold from Europe is not only
397 1 Dry Goods
403 favorable in
itself, but an assurance of continued ease in the
397 Imports, Receipts and Exports 404
402 I
i
money market.
Almost every steamer adds to the supply,
and the cable and private advices indicate a strong move¬

Money Market. U. 8. Seourities, Railway Stocks, Foreign
Exchange, New York City
Banks, etc

Cotton

Commercial

Commercial and Miscellaneous

Railroad Earnings in March,
31 381
i. f to March
"
and from Jan.
THE BANKERS’ GAZETTE.

THE

for March,

1881

8l’4.

severely trying than the late ones have
been to this great interest.
As our readers know, traffic
was virtually suspended a portion of the time in consider¬
able sections of the West and Northwest.
In any ordinary
were

CONTENTS.

The Paris

NO

SATURDAY, APRIL 9, 1881.

VOL. 32.

3Pxt Chronicle.

ment still in progress.

It is impossible to state accurately

Financial Chronicle is issued every Satur¬ just how much is afloat. Some of the shipments are on
day morning, with the latest news up to midnight of Friday.
speculative account, that is, for the profit the movement
I Entered at the Post Office at New York, N. Y., as second-class
mail matter.]
affords, and are not remitted for until the arrival here of
The Commercial and

consignment. Other shipments are made, of course,
TERMS OF SUBSCRIPTiON-PAYABLE IN ADVANCE*
directly for the purchase of securities and staples. The
For One Year (including postage)
$10 20.
arrivals at this port since last Friday have amounted to the
For Six Months
ao
6 10.
Annual subscription in London (including postage)
£2 7s.
unusual amount of $5,909,317, chiefly from England. The
Sixmos.
do
do
do
1 8s.
Subscriptions will be continued until ordered stopped by a written shipments reported since that day have been $2,577,000.
order, or at the publication office. The Publishers cannot be responsible
for Remittances unless made by Drafts or Post-Office Money Orders.
The amount afloat for this port is now estimated at about
Advertisement*.
!
$4,500,000. It is, however, as stated above, difficult to
Transient advertisements are published at 25 cents per line for eaoh
Insertion, but when definite orders are given for five, or more, insertions, calculate closely as to the sum in transit, for the reason that
a liberal discount is made.
Special Notices in Banking and Financial
■column 60 cents per line, each insertion.
shipments are made not only on withdrawals from the Bank
London and Liverpool Offices.
j of England, but also through purchases made in the open
The office of the Chronicle in London is at No. 74 Old Broad St reet
and in Liverpool, at No. 5 Brown’s Buildings, where subscriptions and f market from supplies coming in from Russia, Australia
advertisements will be taken at the regular rates, and single copies of
and France.
The recent arrivals here have been gold
the paper supplied at Is. each.
WILLIAM B. DANA,
?
WILLIAM B. DANA & 00., Publishers,
bars, marks and francs, the latter indicating that the
JOHN q. FLOYD, JR. i
79 & 81 William Street, NEW YORK.
Post Office Box 4592.
foreign markets are being searched closely for bullion for
BP5* A neat file cover is furnished at 50 cents; postage on the same is ’ shipment.
The Bank of England return for the week
lvcents. Volumes bound for subscribers at $1 20. A complete set of
a
decrease
shows
of £902,000 bullion, and the Bank of
the Commercial and Financial Chronicle—July, 1865, to datebe obtained at the office.
France reports a loss of 1,700,000 francs gold and 7,150,The following shows the amount of
000 francs silver.
THE FINANCIAL SITUATION.
bullion in each of the European banks this week and at
One is more and more impressed, as the weeks progress,
the corresponding date last year:
at tlie extremely favorable appearance the business outlook
April 8, 1880.
April 7,1881.
presents.
Comparative dulness may be reported at
Silver.
Gold.
Silver.
Gold.
■special points, or in limited departments of trade, but the
&
&
great truth is evident that there is an extremely vigorous
&
&
28,297,896
26,955,189
production and distribution in progress. "While these Bank of England
23,915,352 49,060,030 32,643,468 51,099,415
Bank of France
•conditions exist, and our foreign trade remains so satisfac¬
9,527,666 19,055,334
9,255,008 19,588,982
Bank of Germany
tory that foreign capital flows in here at every hardening Total tliis week
60,125,549 68,649,012 70,469,030 70,154,749
in the rate of interest, there cannot fail to be an under¬ Total
61,037,980 69,449,475 70,865,141 70,197,518
previous week
tone of great strength in Wall Street markets, whatever
fgp5* The above gold and silver division of the stock of coin of the
Bank of Germany is merely popular estimate, as the Bank itself gives
be the daily fluctuations.
information on that point.
With the assurance which these gold arrivals and the
As a forcible illustration of the vitality in trade at the
present moment, our monthly statement of railroad earn- Treasury disbursements in progress have given of a prob¬
iags, grrea
another column, is in point, There never ably .quiet money market; the action of the Treasury
the

e

can




no

THE CHRONICLE.

378

Department with regard to bond refunding has attracted
less attention.
Still, there is much anxiety to have the
question settled. No conclusion is yet announced, al¬
though the better opinion seems to be now that the sug¬
gestions of the banks made when Mr. Windom was here
are likely to be adopted.
The Secretary, from his surplus
revenues, from cash in the Treasury and from the sale of
the unissued
per cents, can, it is supposed, have in his
control about 200 million dollars for this operation.
With
that fund he can offer to redeem the 195 millions 6 per
cents due July 1, adding in his offer that if any holders
prefer to keep their bonds they can do so after having them
stamped 3£ per cent. This permission, it is thought,
would be agreeable to and accepted by banks holding cir¬
culation, as the disposition among them is not to change
circulation at present unless forced to do it, in the hope
that the next Congress will make it possible to retain it,
even with a low-rate bond, by repealing the tax.
For
this reason, and also because interest is likely to rule low
through the summer and may be higher next year, it is
argued that most holders will elect to have their bonds
Stamped. If this surmise prove correct, the Secretary will
have the greater portion of his available funds left to use
against the same offer with regard to the 5s, and in this
way might be able to reduce the interest on all the redeem¬
able bonds.
Such is the plan. But whether this or some
other is adopted, it is very desirable that its features be
announced

as soon as

practicable.

Foreign exchange has been without feature this week.
There has been a fair demand, but at no time greatly in
excess of the supply, so that rates have been very steady
and yesterday were advanced.
The immediate future of
the market will, it is believed, be in the direction of lowTer
rates, in consequence of the supply which will come from
the movement of exportable products.
There is still a

good margin of profit in cable transactions in securities,
as will be seen by the following, showing relative prices
in London and New York at the opening each day.
April 4.

April 0.

April 5.

April 7.

April 8.

Lond'n X.Y. Lond'n X.Y. Lond'v X.Y.
prices. prices.* prices. prices* prices.
prices.*
prices.* prices. prices.* prices.

U.S.4s.c.

Lnnd'n

X.Y.

L ond'n

x.y.

113*52

1134

113*41

1024
484

101-77

1134
1024
474
1014

U S.5s,c. 10P77
18-47

Erie

47 74

113-52
101*77
47-74
10201

133-H5

102-4
1384

K2 50

Ill. Cent.

137*79

137

137*7#

N. Y. C..

14i-71

1464

145-89

1454
03M

145-89

2d

con.

102 50

1134
1024
474
1024
1374
1454
634

11373

114

102 09

1024
47,4

137-79

113%
1024
474
1024
137%

146 62

140

146-58

113 38
101 6>
48-23
10214

4H'08
10£*32

138-08

1024
1374

[Vol. XXXII.

supply of New Orleans exchange so rapidly
that most of the banks can only realize on their balances
by ordering funds at New Orleans transferred to New
York.
This movement will probably be checked by the
rise at New Orleans of exchange on this city. The follow¬
ing shows the gold and currency movement by the leading
banks of this city during the week ended Thursday night:
increase the

Received.

‘.

Currency

$1,495,000

$578,000

48,000

102,000

$1,543,000

$740,000

Gold

Total

The Bank of America

received $4,300,000 gold

the week from the banks for

to

during

deposit in the vault.

THE PARIS BI-METALLIC
Our Commissioners

Shipped

CONFERENCE.

the Monetary Conference at

last'Tuesday. We fear from what we learn,
and from the official preamble and resolutions published,
that there may be too willing a disposition on the part of
our
representatives to patch up, in combination with
France, an arrangement for bi-metallism even without the
co-operation of Great Britain and Germany. This possibility
inclines us to return to the subject again; for Europe can¬
not too clearly understand that the interests and opinions
of our business classes have materially changed in this

Paris sailed

particular within two years, and if any of our Commission¬
ers fail to reflect the change, they will misrepresent us.
Formerly we would have accepted bi-metallism, giving it the
benefit of a doubt; now the arrangement must, put the
stability of silver beyond question before we can enter into
it.

simply the result of our altered position
gold reserve. While we were in process
of reaching and perfecting a specie basis for our currency
it was evident that the broader the basis the less trying the
This reaction is

in relation

to a

operation would be. Hence our people having this special
end to gain, and at the same time believing in the principle
of bi-metallism, were very urgent for the restoration of
The Government pressed the subject on the Cabi¬
silver.
of Europe not only once, but, as we remarked three
weeks since, with undignified persistence, until we became

nets

peddlers of silver trying
31 91+
32*21 *•
634
31-91*
31-91*
64
to secure a favorable market for our wares.
Reading 32-39*
In the meantime gold began to flow into the country very
Exch’ge,
4-844
4-834
4-S34
4*834
cables.
4-83.4
freely, and since then it has been coming in so easily and
Expressed in their New York equivalent.
so largely that all anxiety with regard to our national cur¬
+ Keating on basis of $50. par value.
Noth.—‘The New York equivalent is based upon tlio highest rate for
Furthermore, our foreign trade
rency wants has ceased.
cable transfers, which ordinarily covers nearly all charges, such as
1454
334

in

known

the Old World as

*

interest, insurance and commissions.

Treasury operations for the six days, including last
Friday, have resulted in a loss, which is a gain to the
banks, of $6,151,218. The net loss by the Treasury yes¬
terday was $1,409,083.
The greater part of the pay¬
ments by the department have been on Assay Office checks
and for bonds settled for under the recent order of the
The

Secretary, these latter amounting to $4,445,850 at the last
report from Washington. The payments by the Assay
Office for the week have amounted to $3,376,560, and
there now remains about $500,000 bullion to be settled
for

this

week.

The

last

favorable condition, continuing to make us
largely a creditor to the nations of the world, instead of a
debtor.
These circumstances have, as we remarked above,
reversed our position.
Formerly we had a reserve to
acquire, now we have a reserve to protect; formerly we
had debts to pay, now we have debts to collect.
Our
anxiety, therefore, at present, is not so much to secure
bi-metallism as not to unsettle values. We have all the
gold we want, and we have large exports to be paid for
and now payable in gold.
Hence it is easily seen that
we cannot enter into any arrangement which is not certain
to bring up the market price of silver to its full equivalent
of 15£ to 1 of gold, if that is to be the ratio fixed upon.
Even the least doubt on this point should keep us out of

is in

bank

statement, doubtless,

reflected very nearly the actual condition of
the institutions.
This week the domestic

the reserve in
exchanges at

a

very

We cannot afford to run
Chicago, St. Louis, and Boston, have been sufficiently any proposed combination.
low to draw gold from this point, although on Thursday risk, since we can gain nothing by doing it, and may lose
there was a slight rise at Chicago.
The St. Louis Repub¬ what we have suffered so much to secure.
It is scarcely necessary for us to stop to explain the
lican reports that the large shipments down the river



THE

1881.]

April 9,

CHRONICLE.
OVERLAND

the United States of the slightest
gold after we have acc3pted bi-metallism. Tn

premium on
such case, it
is evident that only silver would flow in and gold would
flow out.
We value silver above its market value, and of
course we would get it; we value gold below its market
value, and of course we would lose it.
France has been
trying bi-metallism in a modified way under such con¬
effect on

She stopped free coinage and thereby to a great

ditions.

protected herself ; but even with the door for the
interchange of the metals thus only ajar, see into what
condition her visible reserves are brought—silver piling
up in her bank vaults, and gold, responsive to England’s
demand, rapidly leaving the country. France has a large
invisible reserve of gold, probably the largest of any nation
extent

379
FROM SMPTEMBKR 1 TO

APRIL I.

1880-81.
Since Sept. 1 shipped—
From St. Louis
Over Illinois Central

Over Cairo & Vincennes
Over the Mississippi River, above St. Louis
Over St. Louis & Southeastern
Over Evansville & Terre Haute
Over Jeff jrsonville Madison & Indianapolis
Over Ohio & Mississippi Branch
Over Louisville Cincinnati Sc Lexington
Receipts at Cincinnati by Ohio River
Receipts at Cincinnati by Cinoinuati Southern....
Over othor routes

Shipped to mills, not included above
Total gross overland

world, and hence she has been able so long to bear
this strain; but the partial suspension of gold payments

Receipts overland at New York, Boston, &c
Shipments between (or South from) Western in-

France, two weeks since, clearly reflects

Shipments inland (nol otherwise deducted) from—

the critical

condition into which the

progress

terior towns

of events has

placed its reserve. We do not wonder that France wants
our help, and that all the other Latin nations want it too.
Italy would in this way be lifted on to a specie basis
without

an

389,150

24,317
64,907
34,712

36,077
109,444
98,197
48,814
63,975

31,679
31,534
67,627
24,223
11,552

64,543

90,918
99,312

296

12,062

840,692

98p>7 88

318,237

397,067

10,533

4,400

Galveston

790

3 500

New Orleans

660

3,361

59,287

t49,02fc

Mobile
Savannah

699

Charleston

28

North Carolina ports

effort.

This shows

294,553
36,800
82,681
133,107

Deduct—

in the

by the Bank of

1879-80.

079

4,569
8,788

Virginia ports

7,266

how

Total to be deducted
402,864
466,328
materially the position of the United
Leaving total net overland*
States differs from the position of the Latin nations. We
437,828 t516,460
This total Includes shipments to Canada by rail, which sinoe Septem¬
cannot, therefore, allow our judgment to be in the least ber 1, 1880, amount to 18,876 bales.
t Last year’s Mobile deductions have been materially ohanged this
influenced by their willingness or desire to enter into this
month to conform to corrections made at end of year; tills accounts for
alliance.
Of course, Europe would be pleased to have our the large net total for that year.
There is no special feature requiring notice in the fore¬
help in restoring value to its vast stock of discarded silver.
This movement during the remainder of the
But we are forced to reject the present proposal, unless it going.
season will most
likely show some increase on last year in
can be made clear that it will be effective.
And, on this
point, history already furnishes positive proof that the keeping with the freer crop movement generally. But
there is no reason for the belief that the
Latin Union of itself cannot keep the value uniform.
deficiency thus
The
far
can be
more than
very partially made good.
discontinuance of free coinage was forced upon the old
The
special
influences
forcing the movement by rail unduly in
Union simply through the fact that it did not effect that end,
the
early months of the season of 1879-80 had led to
but served only as a means for furnishing the best market
for the metal to be sold in.
Since then silver has been dis¬ expectations of a permanent increase, which have been
Whether the new railroad combinations
credited for years, and has about it, consequently, an aroma disappointed.
of distrust, so that even in France it is piling up in bank constantly being made will result in lower all-rail rates
vaults.
Is it not clear, then, that a union, which could next year, time only can determine.
New Orleans, how¬
not retain the old relationship, while it existed, cannot ever, is beginning to push out with great vigor, and it
re-establish that relationship under circumstances so much seems to be reasonable to look for a rapid development of

us

*

the cotton movement in that direction.

less favorable ?

RECEIPT3, EXPORTS AND SPINNERS’ TAKINGS.
suggestions because we are conversant
As
our
with the change that has taken place on this subject
weekly statements have indicated, the March
among
our more conservative
people. The feeling is now that the port receipts are very much larger than * for the same
month of last year.
United States can well afford to wait.
The excess on the first of March was
Every nation in
the world has a greater interest in immediate action than 382,599 bales; this difference has been now increased, so
we have.
Wre want actual bi-metallism, but we do not that on the first of April it reached. 594,268 bales.
Our
usual table of receipts, exports, &c., is as follows.
want
anything short of it; and so long as Great Britain is
the clearing house of the world’s commerce, and the Movement from
Exported since Sept. 1, 18 so, to—
Receipts
Slocks
Sept. 1, 1880 since
Sept.
to
Great
Conti¬
April 1,
money of England is the money of commerce, we are safe
1.
April
France.
Total.
1, 1880. Britain.*
1881.
nent.
We make these

if

we

follow her action.

Galveston

597,548
14,574
New Orleans.. 1.963,847
Mobile
357,418
Florida
20,13-1

242,731

Savannah

188,124

Brunsw’k, &c

802,497
4,830

Charleston....

575,587
48,612

156,583
25,458

Wilmington

112,982

57,146

Moreh’d
Norfolk

29,149
630,823
198,872

...

37,201

78,473

358,405

98,028

Indianola, ifct*

COTTON

CONSUMPTION
MOVEMENT

We bring
the first of
the first

TO

OVERLAND

AND
APRIL

1.

down our overland movement this week to
April. This makes the statement now cover

seven

months of the

OVERLAND

MOVEMENT

season.
TO

ArRIL

1, 1881.

It will be noticed

by the gross figures, that the actual
movement overland in April this
year, differs very little
from the movement last
April; the total for each year
being about 100,000 bales. Our net statement, however,
shows a less movement, but this arises
wholly from the

insertion

in

last

year’s statement for this month of a
correction. made in Mobile deductions at the end of that
year.
The details for the first seven months of the season
this year and last
year are as follows.




Pt.

Royal,&c.
C,&c

City Point,&c
New York
Boston
Baltimore

121,027
131,271

Philadelp’a,&c.
Total

688,69 s 253,687 237 03U 1,179,415 301,071
63,888 17,08s
7,419
88,395 39,445
5.086

37,86t> 243,290

469.190

52,402 165,698

*1,444

9,630

374,683
35,088

11,222

69,812

46,181
1,006
3,8 LO

281,959

2,850

1,812

286,621

16,569

259,797

23,346

"

-

43,833

52.827

340,970 214,860
9,560
70,665

23,863

70,665
87,19.'

17,154

42,076

39,496

102

104,346
39,598

8,902
15,339

5,075,110 2,161.737 430,884 824,567 3,417,183 804,199
1,893,259 303,015 695,515 2,391,787 762,569

*

Great Britain exports include to the Channel.

Using the facts disclosed by the foregoing statements,
we shall find that the portion of the crop which has reached
a market through the outports and
overland, and the
Southern consumption, since September 1, 1880 and 1879r
are as

follows.

380

[[VOL. XXXII.

THE CHRONICLE.

«r

.

April 1
Dales.
Net shipments overland during same time ....

5,075,110
437,828

4,480,342
516,460

bales.

5,512,938

4,997,302

155,000

135,000

bales.

5,667,933

5,132,302

Receipts at tlie ports to
Total receipts

Southern consumption

since September 1

Total to April 1

quantity marketed during

The increase in the

It

1879-80.

1880-81.

will be noticed that

the movement up to April 1

weight as compared with
March 1, the average on March 1 having been 492-92 lbs.
per bale, against 491-96 lbs. per bale on April 1.

shows

the first

a

decrease in the average

THE

The market for

GOODS TRADE IN

MARCH.

goods opened the month quiet with the

package houses and so continued until about the middle
months of 1880-81 is thus found to be 533,630 of
March, when an impetus was given to the demand for
bales. To determine the portion which has gone into the
certain fabrics by lower prices, which enabled agents to
hands of Northern spinners during the same period, we
close out most of the accumulations on hand. Fine brown
have prepared the following.
Total receipts to April 1, 1831, as above
bales. 5,667,938 sheetings, 3£ to 4 yard brown cottons, medium bleached
Stock on band commencement of year (Sept. 1, 1880)—
goods, and a few makes of colored cottons, corset jeans
At Northern ports
60,109
and low grade wide sheetings were reduced from 5 to 74
At Southern port3
77,310—137,410
At Providence, &c., Northern interior markets ..
3,999— 141,418 per cent, but heavy standard sheetings and drills are so
Total supply to April 1, 1881
5,809,356 largely under the control of export orders that prices were
Of this supply there has been exported
not changed, and the limited supply of fine bleached shirt¬
to foreign ports since Sept. 1, 1880
3,417,183
ings and sheetings has enabled agents to hold these goods
Less foreign cotton included
4,122—3,413,066
Sent to Canada direct from West
13,876
firmly. Print cloths were in good demand but prices were
Burnt North and South
7,272
fractionally lower than in February.
Stock on hand end of month (April 1,1881)—
seven

crop

..

At Northern
At Southern

219,161

ports

ports

At Providence, &c.,

Northern interior

by spinners since September 1,1880
Taken by Southern spinners
Taken by Northern spinners since September 1, 1880
Taken by Northern spinners same time in 1879-80
Increase in takings by Northern spinners this year, .bales.
Total takings

The above shows that

1,550,767
155,000
1,395,767
1.385,000

10,767

Northern spinners had up to

April 1st taken out of this crop 1,395,767 bales. Their
purchases in March this year were somewhat larger than
during March last year, but this is not shown in the fore¬
going on account of a change made in overland for Mobile
deductions, as above stated.
AMOUNT

NOW IN SIGHT.

OF CROP

foregoing we have the number of bales which
have already been marketed this year and last year.
An
additional fact of interest is the total of the crop which
In the

sight on April 1.
the above the stocks

was

in

We reach that point, by adding

remaining at that date at the
interior towns, less stock held by them at the beginning of
the season.
In this manner we find the result for the two

to

years on

1880.

1881.

Total marketed, as above
Interior stocks in excess of

bales.

5,667,938
251,000

5,132.302
255,000

bales

5,918,938

5.387,302

Sept. 1

Total in sight

Cott'n Print- Sheet■ Cott'n Print- Sheet- Cott'n Print- Sheetina
low
ina
ings,
low
ings,
low
ing
ing s,
mid- cloths. stand- mid- cloths, standin id- cloths, stand64x64 ard.
dling. 64x64 ard. dling. 64x64 ard. dling.

c

March.

8b>
41,6
1
:.... 11
8*3
10l5lfi 4116
2
4
8ia
10~8
3
8ia
101*16 4
4
8ia
5
1013ie 4
S.
S.
s.
6
8ia
7
101116 4
4
Bia
105s
8
4
8ia
10^2
9
8ia
37a
10
lO&m
8ia
37a
1014
11
8ia
3%
1014
12
S.
S.
<-3.
13....
8ia
3%
14
lOlis
Sia
3*4
15
10116
8ia
3%
16
loiie
8ia
10
3%
17
8ia
10
37«
18
8ia
101 IQ ;378
19
S.
8.
s.
20
8ia
3%
21
101,6
8ia
37s
22
101,6
8ia
23
315,
I01,t,
4
8ia
10
24
10
25
3l»i6 8ia
10
26
31*16 8ia
S.
S.
s.
27
8ia
28
P15ie 37s
8ia
29
91^16 378
8ia
30
915i6 378

9lo16

31

April 1 to be as follows.

1879.

1830.

1881.

555,038—804,199
markets..
15,176—1,258,589

Bia

31*16

.

I2llie
1211,6
12Ui6

5*8
5*8

12%
12%

5%
5%

12 7a
s.

51316

12-8

5i3l6
51316

1278
12 78

1278
!278

12*8
8.

1213ie
12l3le
I2l316
1213,6
121316
121316
8.

121316
1213,6
12%
12%
12%
12%

51116

8.

57a
570
578
570

OH
914
914
914
9%
8.

9%
9%
9%
914
914
914

8.

8.

578
578
578
578

914
9%
914
914
9i4
914

8.

8.

578

9%
9%
914
914
914
914

578
578

5%
5%
5*8

5*8
5*8

8.

8.

8.

12%
12*8

5*8
5*8
5*8

914
9%
914

12*8

97ie

33i6

8.

8.

9he
97iq

33i6

938
93a
938
938

3*16
33,0

8.

93a
938
938
933

97io
91a
8.

9°io
9*8

91116
9H16
91316
91316

3*16
314
314

7%"
8.

7H
74
7%
7H
7%
7%

8.

8.

314
3H
3%
314
314
314

7H
74
7H
74
714
714

8.

8.

3%
314

7H
714

3*16

74

3*16

74
74
714

33s
33s

8.

8.

8.

9131B
91316
978
10116
10316
103,6

33a
33a
33s
338
338
338

7%
714
714
714
714
714

8.

103.16

8.

8.

338

74

upland at New York;
for sheetings, agents’ prices,
cent.

The above prices are—For cotton, low middling
for printing cloths, manufacturers’ prices;
which are subject to an average discount of 5 per

THE

TENNESSEE DEBT

SETTLEMENT.

notable—probably the most notable—
events of the past week is the passage and approval of the
date of the present year is 531,636 bales.
Hence, if there bill for adjusting the debt of Tennessee. We congratulate
were to be no further gain in the amount received from
the people of that State on this great success.
It has
plantations for the remainder of the season, the crop even been a bitter contest, and is a grand triumph for those
then would reach 6,289,000 bales.
who have so long and so earnestly fought to redeem the
This indicates that

the increased movement up to this

WEIGHT

OF

BALES.

We continue below our statement

One of the most

honor of Tennessee.

of the weight of bales.

large body of the bondhold¬
50 cents on the dollar, and the

About three years ago, a

be well to say again that, for comparison, we are ers offered to fund at
compelled to retain in our table the weights for the whole acceptance of this was urged in the first gubernatorial
of last year, as m some instances we have found it quite message following.
Immediately after, February 13,
impossible to obtain returns for the same seven months of 1879, a proposition from ‘ New York bondholders to
1879-80.
receive 6 per cent 50-year bonds representing 60 per cent
Year
of principal and accrued interest, or 4 per cent bonds
Ending
Seven Months Ending April 1, 1881.
Sept. 1,
with tax receivable coupons for the full face of bonds
1880.
and interest, was referred to the appropriate committee of
Average
Average
Number of
the State Senate.
On February 19, the House refused to
Weight in
It may

,

Bales.
Texas

Louisiana
Alabama

Georgia*
South Carolina...

Virginia
North Carolina...
Tennessee, &c....
Total
•

Weight.

612,122
1,363,S47
357,418
827,461
624,199
829,695
142,131
911,065

314,292,763
679,877,729
182,283,180
397,454,342
298,991,321
392,321,280
67.654,356
455,532,500

513-84

5,667,938

2,788,407,476

•

Including Florida.




Pounds.

Weight.
501-15

498-50

47600

51000

509-89

480 33

477-00

47900

466-00

472-85

468 00

47600

471-00

500 00

49000

49196

481*55

resolution for settlement in 4 per cents at 50 ;
March 31, the funding bill was passed, to settle
on
the basis just named, and shortly after the bond¬
holders’ committee reported to the Governor that
two-thirds of the State’s creditors would accept this. Dis¬
cussing the bill at the time (Chronicle, April 5, 1879, page
339) we stated the debt at $20,221,300 of principal
4 millions of past-due interest; this at 50 cents would be

adopt

a

and

Aran.

9,

381

THE CHRONfCLE.

'1881.J

able winter.

Instead, March has been throughout exces¬

137,000, and 4 per cent interest would be $485,480.
sively severe, and has proven itself by far the hardest
The law provided for submitting the matter to popular
month of all.
Snow-storm upon snow-storm, each onevote on assent of the requisite number of bondholders,
heavier than the preceding one, swept down upon the
but at an election for the purpose on August 7, 1879, the
West and Northwest, until it almost seemed as if the
compromise was not ratified, and thus came to an end.
country was to be perpetually snowed up. No sooner
Last August a determined attempt was made by. the rehad a railroad cleared its tracks of the obstructionspudiationist element to capture the Democratic State Con¬ caused
by one storm, than another came along and again
vention, but the State-credit men proved to be overwhelm¬
buried them out of sight.
ingly in the majority, and the drift of public sentiment
In such
$12

thus unmistakably shown.
Th bill now passed in the Senate

circumstances, transportation could be

was

by only one majority

provides for settlement, dollar for dollar, of
unpaid interest, in new 3 per cents, with

the bonds and
tax-receivable

after 5 years and payable in 99.
1875, with the remaining ones due
and July previous, were paid in September, 1876.

coupons, redeemable
The coupons of July,

January
As less than $300,000 are 5s,

the eleven coupons since
matured amount to 33 per cent, and the new plan is the
most favorable to bondholders of all yet considered,
being a full rehabilitation of the debt, less only a reduction
of one-half in the interest and the loss of interest on the
eleven coupons since maturity.
The tax-receivable coupon is the only devise available
for securing the execution of funding agreements.
Such
coupons, turned in for taxes, become practically currency
against the State, which is compelled to make them veri¬
tably valuable. This feature, which has heretofore been
an issue in
some instances, is embodied in the present

only under great difficulties, and in a number of cases
entirely suspended, for the time being. The*
effect of this upon the traffic of the roads in thosesections could not fail to be marked.
Passenger travel
came to an almost complete standstill, the movement of'
general freight was greatly diminished, while the volume
of agricultural products sent forward shrank to very small
dimensions.
To show how much lighter the movementof grain was in March, 1881, than in March, 1880, we
have had prepared the following table of receipts of flour
and grain at the leading Lake and river ports of the West
It should be under¬
for the four weeks ended March 26.
stood that we do not mean to say that the smaller move¬
ment this year was entirely due to the weather—what we
do mean to say, however, is, that the weather was a very
important element in it.
on

had to be

RECEIPTS OF FLOUR AND

scheme of re-adjustment.

arrangement is a matter for sincere and earnest
rejoicing. The ability of the State to do so much need not
The

questioned; its ability to pay in full cannot reasonably
be asserted.
We long ago took the ground that the neces¬
sities of the case dictated some compromise of these State
debts, and that the only question in any case could be as
be

to the rate

of adjustment.

Legislature has adjourned, after making all neces¬
sary provision, according to the latest received dispatches,
for carrying out the provisions of the law.
The effect is
already seen in a rise in the price of the bonds of other States
as well as Tennessee, and a large increase in transactions.
Thus Wall Street shows appreciation of the force which
this example must naturally exert in other States.
Noth¬
ing could be more gratifying to this journal than to record
the successful and honorable adjustment of these State debts,
especially since it has never ceased to labor to bring together
the States and the bondholders upon an equitable basis.
It
omes now in good time as a fit precursor of the cotton
It suggests the
exhibition to be soon held in Atlanta.
healing of the old breach, the removal of what is known
as “the Southern
question” from politics and the oblitera¬
tion of geographical divisions.
We firmly believe that a
new
day is at hand for this long backward half of the
country, and that the day is already dawning. The little
men who attain and hold political power by pandering to
prejudice and passion will be relegated to obscurity under
the resistless
operation of the peaceful forces of industry
and production.
Commercial intercourse must and will
.unify the country. The men who can command power
will be the men who can improve and increase production,
facilitate exchange and promote material development.
The

railroad earnings in march, and from
JANUARY 1 TO MARCH 31.
In

reviewing March earnings the one great fact to be
kept in mind is, that in a large section of the country—
and a very important one at that—the weather was almost
unparalleled in severity. It was hoped that with the 10th
or

15th of March




we

had

seen

the worst of this remark¬

carried

Chicago1881
1880

GRAIN FOR FOUR WEEK8 ENDED MARCH

Flour,

Wheat,

Com,

Oat 8,

bbls.

bush.

bush.

bush.

191,194
163,736

417,182
684,078

58,254

Cleveland—
1881
1880
Peoria1881
1880

169,298

316,526

158,480

529,228

45,450
235,300

151,309

774,973
652,860

2,851,150

103,914

bush.

1,791,412
975,059
5,724,935 1,105,116

Milwaukee1881
1880
St. Louis—
1881
1880
Toledo—
1881
1880
Detroit1881
1880

Barley,

2,169,860

97,213

66,925

88,560

103,410

87,072

364,478
248,940

172,825

177,925

26.

Rye,
bush.

19,593
40,149
26,450
43,308
22,822
33,052

477,198
590,261

1,375,564

450

1,195,354

65,113
27,448

40,646
20,739

519,414
397,447

98,292
28,848

53,386
19,131

17,278
35,885

1,127

10,114

214.000

8,229

46,500
35,550

94,900
20,000

5,600
13,600

1,000

15,912
15,660

52,075
29,200

290,300
274,800

59,150
44,000

53,780
52,200

2,260

Total of all.
1881
579,733
1880
1 471,208

2,633,868

83,250
941,850

1,428,350

6,636,428 1,910.061
1,798,845

2,918,624) 11,547,187

This table shows that while

601
445

500

406,767 123,590*
450,595 171.437

the receipts of wheat fell

off

slightly, the receipts of corn fell off very heavily. The
receipts of the latter at the seven ports were only 6,636,42&
bushels, against 11,547,187 bushels at the corresponding
time last year—a loss of pretty nearly five million bushels.
Of this loss, Chicago alone had close on to 4,000,000 bush¬
els, while St. Louis had about 700,000 bushels loss. No
wonder the Chicago roads have a large decrease in earn¬
ings. In this connection, the statement of the St. Paul for
the fourth week of March, exhibiting an increase of $111,494, has excited some comment, and the extraordinarytheory has been advanced that the company has charged
the cost of removing the snow and ice to construction
account, and swollen receipts by assuming that the trains
carrying the necessary supplies of men, materials, imple¬
ments, &c., were engaged in active work and doing a
paying business! But there is really nothing remarkable in
the statement of increase.
If the fourth week shows an
increase of $111,000, the first week showed a decrease of
$97,000, and the road merely carried in the latter part of
the month some of the traffic that it could not carry in the
earlier part.
Even with the large increase in the fourth
week, the increase for the month amounts to only $16,000,
on mileage over 1,400 miles greater than last year.
In
other words, there is an increase of not quite 2 per cent in
earnings and more than 60 per cent in mileage.

but

THE CHRONICLE

382

In the South and Southwest the influences

quite
the reverse of those that prevailed in the West and North¬
west.
The weather was in the main favorable, passenger
traffic active, general freight increasing, and the move¬
ment of cotton very heavy.
The receipts of cotton at the
ports were almost double those of last March. At some
ports—notably Galveston and Charleston—the total was
almost three times that of last year.
The South has now
entered upon a career of prosperity second to that enjoyed
by no other section of the country. All she needs for a
continuance of this prosperity is self-reliance and the con¬
fidence of the Northern people in her financial integrity.
The former will induce her to set resolutely to work to
develop her undeveloped resources, and the latter will give
her the necessary capital with which to prosecute ^ the
work.
The March cotton receipts at the ports are shown
in the subjoined exhibit.
RECEIPTS OP COTTON AT SOUTHERN PORTS IN MARCH,

1880.

Difference.

62,570

21,663

770

113

169,513

115,516
12,412

Inc.. ..40,907
Inc....
657
Ino.. ..53,997
Inc
15,906
Ino....
9
Inc.. ..26,029
Inc..
82

Indianola, &c
New Orleans
Mobile
Florida
fiavannah

28,318
,

471

462

49,920

23,891

82

Brunswick, &c
Charleston
Port

..

35,596

City, &c

880

9,353

1,895
1,268
33,042
2,836

410,461

228,630

City Point, &c
Total

Inc.. ..20,991
Inc..
1,607
Inc..
3,028
119
Dec....
Inc.. ..12,267
Ine
6,467

14,602

2,487
4,923
1,149
45,309

Royal, &c

Wilmington .*
Morehead
Norfolk

1881 AND 1880.

1881.

hales.

Galveston

were

..

..

Inc..

181,831

Notwithstanding the adverse weather, the roads reported
in the table below show earnings in the aggregate
$1,171,856 above those for March, 1880—that is to say,
the gains in other sections of the country exceeded the
losses in the West by that sum.
This is much better than
there was any reason to expect, and will without doubt be
denominated a highly satisfactory exhibit. The figures
appear the more gratifying that March last year showed
an increase over March, 1879, of more than 28 per cent.
The following table will show earnings and mileage this
and last year.

The greater

part of the increase this year was made by the
Louisville & Nashville, International &

Southern roads.

Great

Northern, Mobile & Ohio, Houston & Texas Central,
Memphis & Charleston, St. Louis Iron Mountain &
Southern, and South Carolina, all report handsome gains.
Central Pacific and Denver & Rio Grande also had

large
unimportant decrease.
Missouri Kansas & Texas has stopped reporting, and
in connection with the heavy earnings shown by Iron

increases.
The
this

Mountain

Union Pacific shows

has

1881.

Chicago <& Alton
Chicago <fe East. Ill...
Chic. & Gr’nd Trunk t
Chic. Milw.w&St. Paul.
Chicago & Northwest.
Chie. St. P.Minn. &O.
St.Paul & Sioux City
Cincinnati & Spriugf..
Clev. Col. Cln. & Ind.
Clev. Mt.Vem. & Del.
Deny. & Rio Grande..

East Teun. Va. & Ga.
Flint & Pore Marq....
Grand Trunk of Can.t.
Great West’ll of Can.i.
Hannibal & St. Jos...
Houston &, Tes Cent..
Illinois Central (Ill.)..
Do
(Iowa lines)..
Ind. Bloom. & West.*.

Indianap. Dec. & Sp..
Intern’l & Gt. North..
Lake Erie <fc Western*
Louisville & Nashv...

& Texas to

511.415

626,473

—115,058

123,977
115,69 L
917,000
1,162,362

88,278
108,976
900,675

+ 35,699

1,361,725

—199,363
+ 32,865
-55,583

166,999

Total

134,134
125,649
75,844
3 41,602

70,066
79,643
344,760
35,418

36,207

398,493
125,592
159,587

168.161

102,679

147,013
804,743
411,051
216,062

869,964
446,061

173,557
325,209
437,171
90,224
77,713
31,770
225,969
94,926
941,700
226,398
143,835
30,259

Wab. St. Louis'& Pac.

Decrease.

$
—39,774
+ 7,548
+ 2b9.5b2

Mobile A: Ohio

do
(branches)
fit.L.IronMt. & So...
St. Louis & San Fran..
fit. Paul Minn. & Man.
Scioto Valley..*
So. Caroliua (26 days)
Union Pacific

or

$
188,325
22,213
1,373,438

115,641

Do

1880.

Increase

237,745

460,071
152,934
84,225

to do in a measure,

controlling as he does both roads—in
receipts of the latter. There is probably
the story, in view of the large gain by the

order to swell the

little truth in

International & Great Northern and the contemporaneous

by the Houston & Texas Central, the latter not in
the control of the Gould party; but, at any rate, the officers
of the Kansas & Texas can dispel all doubt in the matter by
furnishing their figures.
March completes the first quarter of the
year, and it
may be interesting to look a little more closely at the
figures for that period. We find that forty roads re¬
porting have aggregate earning3 $3,116,774 above those
for the corresponding period in 1880.
The remarkable
fact disclosed by this statement, and indeed by all state¬
ments thus far in 1881, is that no matter what the unfa¬
vorable influences, the favorable influences have always
been sufficient to offset any loss on this score and to allow
of a moderate balance besides in favor of this year.
Indi¬
vidual roads have shown decrease, but the aggregate of
all has invariably shown an increase.
Ever since May,
1879, when the railroads first began to feel the effects of
the revival in business, there has been, taking the roads
as a whole, an uninterrupted forward movement in earn¬
ings. This is the strongest evidence that could be offered
of the continued growth in the business activities of the
country, and affords proof positive that the set-back in the
West is only temporary.
With a return of better weather,
increase

again

its onward march, and trade
go on expanding. The following is the table.
resume

3,800
2,770

2,359
2,449

337
626
80
391
144
551
272
311

261
470
80
391
156
337
272
311

1,406

1,273

823
292
522
915
402
212
153
625
385

823
292
522
918
402
212
153
544
303

1,840

1,287

+ 64,580
+ d9,165
+ 811
+ 3 L ,768

330
113
506
722
186
135
195
71
686
596
860
100
243

330
113
506
722
186
125
195
71
686
492
656
100
243

-77,939
-69,677

3,327
2,479

3,002
2,334

+ 158
—789

+ 230,332
+ 22,913
+ 12,574
+ 65,221
+ 35,010

[-42.505
+ 87,464
—22,903

■8,3o 4

451,560
197,470

+ 240,440

119,358
18,919

’

840
152
335

55.476

74,130
612,593
86,975
11,801
168,301

39,613

140,179
63,830
692,000
262,050
320,962
28,816
103,090
1,657,570
1,119.591

2,371

840
220
335

29,695
113,518

1 JLo f

14,8 40

2,644

+ 3,799

261,797
28.005

71,322
1,735,509
1,189,268

14,714,286 13,542.930 + 1,171.356

Earnings tor three weeks only of March in each year,
April 2.
X For the four weeks ended April 1.

1881.

<*

492
146

+ 6,715
+ 16,32;)

I TO MARCH 31.

1880.

564
146

-53,710
-6,512
+ 1,358
+ 110,374
+ 20,790
+ 329,107
+ 28,669
+ 3,039
+ 58,097
+ 24,477
+ 11,340
+ 9,943
+26,661

30,412

1881.

It is

Iron Mountain—which he would be able

the

Mileage.

$
148,551
29,761
1,643,000

.Memphis-& Char’tou.
Memphis Pad. & No.*>
Northern Pacific
Pad. & Elizabethan*.
Peoria Dec.& Evansv.
St. L. A.& T. II. m.line

considerable attention.

GROSS EARNINGS FROM JANUARY

Month of March.

Burl. Ced. Rap. & No.

an

charged that Mr. Gould is diverting traffic from the Kansas

of all kinds will

•Cairo & St. Louis’....
Central Pacific

attracted

that section will

CR089 EARNINGS AND MILEAGE IN MARCH.

Gross Earnings.

[VOL. XXXII.

$
440,811

Burl. Cedar Rap. & No...
Cairo & Stk Louis*....

95,049
4,645.907

Central Pacific

1,472,176
365,828
331,747
2,591,000
3,366,234

Chicago & Alton
Chicago
East. Illinois..
Chic. & Grand Trunkt...

Chicago Milw. & St. Paul
Chicago & Northwest—
Chic. St. P. Minn.&Omaha.
St. Paul & Sioux City..
Cincinnati & Springfield.
Clev. Col. Oin. & Ind
Clev. Mt. Vernon & Del..
Denver & Rio Grande....
E;ist Tenn. Va. & Ga
Flint A Pere Marquette..
Grand Trunk of Canadat.
Great West’n of Canada*.
Hannibal & St. Joseph...
Houston & Texas Cent...
ELI. Central (Ill. line)
Do
(la. leased lines).
Indiana Bloom. *fc West.*
InternatT & Gt. North...
Lake Erie &, Western
Louisville 4 NashviLle...

Memphis & Charleston..

.

Memphis Paducah &No.*
Mobile & Ohio
Northern

Pacific

412,087
239,402

'224,750
915,839
97,638

1,023,650
344,861
414,851
2.601,162
1,275,781
■

-

452,737

1,010,550
1,336,205
293,513

251,257
614,566
238,589
2,562,150
337,536
51.273

665,751
335,158

$

244,009

279,718
2,403,722
3,648,040
331,583
295,105
208,500
105,011
421,345
313,440
375,029
2,490,432
'1,190,294
559,106
829,577
1,414,792
406,655
254,633
415,352

182,413
1,962,083
318,492
47,894
622,511

33,090,928

351,711

192,174
1,823.748
652,719

731,631
73 445

339^045

Decrease.

$

97,002
24,712

1,001,368
175,365
121,819
52,029

187,278
80.50 i
m

rn

m

m

rn

...

281,806
55,703

16,250

949,186

36,207,702

St.L.A,&T. H. mainline.
Do
do (branches)..
St. L. Iron Mt. A South’ll.
St. Louis & 8. Francisco.
St. Paul Minn. & Man—

Total

$
537,813
70,337
3,644,539
1,647,541

2,750,130

113,253
118,735

32,208127,967

Increase.

278,007
82,671
69,123
.319,429
166,442
1,497,738
592,809
579,681
70,287
309,546
3,051,014

Paducah & Elizabetlit’n*
Peoria Dec.& Evansville.

Wabash St. L. & Pac,....

1880.

.

•

»

•

•

33,327
7,373

602,305
26421
39,822

110,730
85,490

106,369
180,973

78,587
113,142
.

3,426

.

199,214
106,176

700,067
19.044

3,379
43,240

m

•

m

m

m

-m m

m

57,151
30.582

49,662
32,283
25,732

326,010
59,910
154,950
3.158

29,499

300,884

4,369,758 1252,984

.*

t For the lour weeks ended




*

Three weeks only of Mivrch in each year.
t January 1 to Ax>ril 2. X January 1 to April 1.

§ January 1 to Mar. 2o»

April

THE

fi, 1881.J

CHRONICLE.

increase for the three months,
Central Pacific leads all the rest, having augmented its
showing

Of the roads

in the section that suffered

are

more

&c., than any other section of the country.
It will hardly do, therefore, to take these, the only two
Western roads in the list, as a criterion for other Western
roads.
As an illustration, while the Burlington Cedar
Rapids & Northern shows a decrease in gross earnings for
the three months of $97,000, or more than 18 per cent, the
Chicago & Northwest, having had a smaller proportion of
its territory under the influence of the weather, shows a
decrease of scarcely 8 percent, the amount being $281,806,
and it would seem unlikely that it will have to report as
large a percentage of decrease in net earnings as the Bur¬
lington & Northern. The roads in the South, as a rule,
make a very fair exhibit of net earnings—much better
for February than for January.
St. Louis Iron Mountain

1881.
Gross

decrease in net

earnings, but the com¬
is still expending large amounts in improving road¬

pany
bed and tracks.

a

Of the trunk lines

we

have Erie and Penn¬

sylvania, both showing only a moderate decrease—the
amount for the former is, in fact, but $20,000 for the two
months.
If it is allowable to deduce any conclusion from
these few returns, it would appear to be this, that only in
the case of the roads traversing the district which suffered
most from the weather, does the loss in net earnings rise
to serious proportions, while in the case of other roads
the loss, if any, is moderate.
The statement below gives the gross earnings, operating
expenses and net earnings for the month of February,
and from Jan. 1 to Feb. 28, of all such railroad companies
as will furnish
monthly exhibits for publication.
February.

Boston & N. Y. Air Line—
Gross earnings

Operating

expenses

Net earnings

..

..

Burl. Cedar Rap.&North’nGross earnings..

1881.

1880.

I9?S17

$
19,661
10,093

$
40,255
24,727

$
41,248
18,444

9,568

15,528

22,804

15,404

..

..

Expenses....

'

*,—Jan. 1 to Feb. 28.—.
1881.

4,413

124,510

Net earnings

-

1880.

1G5.171
105,525

292,260
238,077

349,488
208,712

59,646

54,183

140,776

Clcvc. Mt. Vernon & Del.—
Gross earnings.

Net earnings...

.

Operating expenses
Net earnings

29,700
27,606
2,094

.

Dos Moines A Fort
DodgeGross earnings

-

34,612
24,735

62,220
55,784

49,595

9,877

6.436

19,209




206,681

91,554

90,076

131,768

190,107

.1,425,765 1,252,218
.1,059,160
909,634

2,869,202
2,197,148

2,548,599
1,856,199

Net earnings
N. Y. Lake Erie & Western-

Gross earnings
expenses

Operating

Net earnings
Now York & New
Gross earnings

Operating

366,605

342,584

672,054

692,400

173,Gli
151,422

149,907
112,903

363,363
308,907

314,139
236,983

22,192

37,004

54,456

77,156

382,657
247,830

330,860
213,094

768,813
493,800

665.354

134,927

117,766

275,013

239,200

40,306
26,403

26,475
22,899

82,994
54,861

63,752
45,927

13,903

3,576

28,133

17,923

1,937,510 1,732,394

6,284,829
3,913,864

6,028,127
3,429,647

1,159,104 1,232,182

2,361,965

2,598,480

159,896

245,372
162,354

449,804
324,130

469,679
314,055

65,605

83,018

125,674

155,624

.

England.

expenses

.

Net earnings

Northern CentralGross

earnings

Operating

expenses

Net earnings

.

Paducah & ElizabethtownGross earnings

Operat.

expen.

A renewals

Net earnings

20,665

def. 14,433

.

427,154

Pennsylvania (all lines oast of Pittsburg A Erie)—
Gross

earnings

Operating

3,095,614 2,944,576

expenses

Net earnings

Philadelphia & ErieGross earnings
Operating expenses

225,501

Net earnings

Philadelphia A Reading-

1.330.428 1.085.162

Gross earnings

Operating expenses, &c.... '805,107

687,274

531,321

397,888

560,791
418/285

490,195

1,131,748

1,046,178

292,974

846,775

581,11ft

142,506

197,221

234,973

465,062

.

v

■

Net earnings

,

...

St. Louis Iron Mt. & South’n

earnings
Operat. and extr. expens.
Gross

,

Net earnings

The

following figures have but recently come to hand:
January.

/

Atlantic Miss. & OhioGross earnings
Operating expenses
Net earnings

...

..

Net earnings

..

...

,—Jan. 1 to,Tan. 31.-*
1881.
1880.

$
164,917
104,626

$
156,870
72,575

9
164,917
104,626

$
156,870

60,291

84,295

60,291

84,293

..

Louisville A NashvilleGross earnings
Operating expenses

^

1880.

1881.

816,960
250,394

72,575

674,455

816,960

674,453

338.551

560,566

338,551

335,904

250,394

335,904

MARCH, 1881.
The following is the official statement of the public debt as- it
appears from the books and Treasurer’s returns at the close of
THE DEBT STATEMENT FOR

business

on

the last day of March, 1881:
INTEREST-BEARING

Character

Author¬

When

of Issue.

izing Act.

Payable.

DEBT.
Amount

Inter st Periods.

Outstanding.

Registered.

6s,Or.War.. Mar. 2/61 July 1,’31 J.&J. $
’*108.737,800
6s of 1881.. July 17/61 June 30, ’81 J.&J.
45,393,300
6s of 1881.. Mar. 3/63 June 30, ’81 J.&J.
320,356,000
5s of 1881.. July 14/70 May
1, ’81 Q.--F.
177,322,400
41-3S of 1891 July 14/70 Sept. 1, ’91 Q.-M
536,957,700
4s of 1907.. July 14/70 July 1,1907 &-J.

Coupon.
$688,209
31,756,859
9,752,450
137,234,859
72,177,600
201,614,159

$1,195,317,200 $453,224,109
$77 5,‘950
14,OC►0,000

$1,663,317,250

Aggregate of interest-bearing debt
On the above issues of bonds
over-due and not yet called for.
date is $15,244,914.

there is a total of $2,140,893 interest

The total current accrued interest to

DEBT ON WHICH INTEREST

HAS CEASED SINCE MATURITY.

There is a total of over-due debt yet outstanding, whioh lias never
been presented for payment, of $6,093,465
interest. Of this interest, $591,262 is on the principal of called bonds,
which
is as follows: 5-20s of 1862,

principal and $743,877

principal

$374,550; do 1864,

$496,650; 3do certs.,
1867,
i64,850; do 1865, $77,550; consols of 1865,$1,160,300;
1,592,200; do 1868, $480,650; 10-40s
5,000.

of 1864,

s

INTEREST.

9,836

41,439
44,784

39,444
20,363

10,829

def. 3,345

19,083

July 17, ’61; Feb. 12, ’62
Feb. 25, ’62; July 11, 62; Mar.

Legal-tender notes—

Certificates of deposit June 8, ’72
March 3, ’63
Gold certificates
Silver certificates
February 28,

Fractional currency

15,938

16,765
14,652

36,433
29,900

36,093
30,208

1,598

2,113

6,533

5,885

Am mint-.

Authorizing Act.

Character of Issue.
Old demand notes

16,471
30,909

..

Paducah A Northern—
Gross earnings
17,536

^©t ©amines

396,788

237,241

.

expenses

1880.
$

68,804

^®raPhi8

Operating expenses

9
369,009

TYT^nr rearing NO

..

Operating expenses

$
191,154
101,078

4s, ref. ctfs. Feb. 26/79
3s,navyp.fd July 23/68

GROSS EARNINGS. EXPENSES AND NET EARNINGS.
,

1881.

$
190,866
99,312

earnings

Operating

/—Jan. 11o Feb. 28.-*

*

1880.

Nashv.5Chatt. & St. Louis-

from storms,

& Southern shows

February

■

an

receipts by over a million dollars. The roads in the South
and Southwest show up well.
The trunk lines, such as
report, either have about the same earnings as last year, or
else a moderate increase,
At the present, however, decidedly the most interest
attaches to reports of net earnings, and our statement
below of gross and net earnings for February, and for
two months of the year, will attract more than the usual
share of attention.
It is known that in the West and
Northwest the roads suffered not only a loss of gross
earnings, but an even greater loss in net earnings, on
account of the heavy exponses that were incurred in the
removal of the snow and ice, and in maintaining road and
rolling stock. It is particularly unfortunate just now that
so few roads make reports of net earnings.
Those given
below are hardly sufficient in number, or sufficiently repre¬
sentative in character, to afford basis for a general estimate.
Burlington Cedar Rapids & Northern and Des Moines &
Fort Dodge make a very poor showing, but it should be
said that these two

383

3,’63

’78

Jl*f>3 June 3<T-64 } *15’50?’912
| destroyed,
act J’e 21/79
8,375,934

f60,645

81,016
6,805,000
6,171,800

50,178,900

.

Less amt. est’d lost or

Aggregate of debt bearing no interest.

Unclaimed Pacific Railroad interest

7,131,978

$417,029,330

8.54ft

CHRONICLE.

THE

384

tended that

RECAPITULATION.

reduce

Amount
Interest.

Outstanding.
Interest-bearing debt

-

$17,385,807
743,877

$417,029,339

8,546

$18,133,230

*‘>.036.440.055

Total

interest, to date

$2,104,578,285

Debt, less cash in Treasury, Apr. 1, 1881L
Debt, less cash in Treasury, Mar. 1, 188 1

$1,873,763,593

Total debt,"principal and
Total cash in Treasury

230,814,692

1,879,956,412

$6,192,819

Decrease of debt during the past moi ith
Decrease of debt since June 30, 1880
Current Liabilities—
Interest due and unpaid
Debt on which interest has ceased
Interest thereon
•Gold and silver certificates
U. S. notes held for redemption of

Cash balance available April 1,

68,408.701

$2,140,893
6,093,465
743,877

>.

certificates of deposit.
1881

$230,814,692
$230,814,692

BONDS ISSUED TO THE PACIFIC RAILWAY

Interest

outstanding.

1,970,560

5,183,883
20,872,373
1,309,808
1,372,664

1,628,320

1,220,049

$64,623,512

$49,528,566

6,303,000
27,236,512
1,600,000

..

Total

$14,244,859

|$34,628,508

principal lines have amounted to £8,392,804, against £8,612,472,
being a net decrease of £219,668 ; while the receipts on those
lines which make up their accounts a month later have been
£1,658,685, against £1,675,757, being a falling off of £17,072.
The decline in the receipts is, therefore, serious, and it is not
Indifferent
now to be accounted for by unpropitious weather.
trade is undoubtedly tht chief cause, and it is influencing the
value both of railway bonds and money. Should the export
demand for gold subside, we might anticipate a reduction in the
Bank rate ; but as the gold movements are uncertain, the

f^tmielargs ©craraerjcial guglislx Ueitrs
RATES OF EXCHANGE AT LONDON AND ON LONDON
AT LATEST DATES.
c-

Amsterdam
Amsterdam

Antwerp
Hamburg

.

.

....

3 mos.
Short.
3 mos.
44

...

a

Berlin
Frankfort...

Copenhagen.
St.Petere’bg.
Paris
7.
Paris
Vienna

<4

....

44
44
44

44

Genoa

44

Naples

Time.

Mar. 26 3

25*60
20*65
20*65
20*65
18*40
24 J4
25*30

Mar.
Mar.
Mar.
Mar.

@25*65
@20*68
@20*68
@20*68
@18*45

mos

26 Short.
4*
26
44
26
44
26

Rate.

25*48
28*39
20*50
20*50
20*50

.....

@24*2
Mar. 26 Short.

Il*87i2®ll*92i2 Mar. 26 Short.

47i4®47i8
4712 ®47i4
25*95
25*95

@26*95
@26*95

117*30
4

Mar. 26
Mar. 26

3 mos.
44

Alexandria..

....

New York...

....

Bombay....

....

....

....

Hong Kong..

....

Shanghai...".

.

-.

Mar. 23 3
Mar.

Mar.
iMar.
Mar.
Mar.

mos.

26 Short.
26 4 mos.
44
26
44
26
44
26

'

of the money

more

general belief is that not

some

time to come.

25*45
25*45

9738
4 80
Is. 8i0d.
Is. S^igd.
3s. 87sd.
5s. l7sd.

I From our own correspondent. 1

London, Saturday, March 26, 1881.

market is not very clear. The

much change will take place for

quiet in the early part of
the week, but during the last few days there has been a some¬
what better inquiry, and the rates of discount have been some¬
what firmer. At one period three months’ bank bills were taken
at 2M to 23/s per cent, but the quotations are now as follows:
The demand for money was very

25*37

52i4@52i8

Lisbon

future course

EXCHANGE ON LONDON.
Latest
Date.

12-434 @12*514
12*212 S) 12*312

@25 40
Short.
3 mos. 25*5712® 25*6212

Madrid
Cadiz

Calcutta

Rate.

Time.

On —

embracing the manufacturing dis¬

of the other

The Pacific Railroad bonds are all issued under the acts of July 1,
1862, and July 2, 1861; they are registered bonds in the denominations
of $1,000, $5,000 and $10,000; bear 6 per cent interest in currency,
payable January 1 and July 1, and mature 30 years from their date.

EXCHANGE AT LONDON— Mch. 26.

lines, however,

Balance o f
in terest paid

tricts, there has been some tendency to improvement; but it
by U. S.
has been slight, and upon the whole railway system of the
$3,434,147 $15,487,367
2,649,714 United Kingdom there is a diminution in the receipts for last
2,534,168
12,810,075
8,062,297
week, compared with last year, of £15,783, notwithstanding
1,217,655*
85,225
that there is an increased mileage of 56 miles.
Since the com¬
1,363,297
9,367
119,652
1,100,396
mencement of the present year the receipts on thirteen of the

$25,885,120 $19,569,787

..

-

paid repaid by
by U. S.
transportaVn

Interest

Amount

COMPANIES.

STATES.

INTEREST PAYABLE BY THE UNITED

Central Pacific
Kansas Pacific
Union Pacific....
Central Br., U. P.
Western Pacific..
Bioux City & Pac.

proved to be a great disappointment. There is no disposition
shown to operate in excess of actual requirements, and the
amount of business doing for exportation is comparatively
small. The traffic receipts last week on the Northeastern Bail¬
way again show a decrease of nearly £10,000, compared with
last year, and this is plainly indicative and confirmatory of the
badness of trade in the iron and coal districts. Amongst some

56,350,700
6,805,000
158,680,756

Total
Available Assets—
Cash in the Treasury

Character of
Issue.

York, and there is a belief that
American securities have been
purchased by Europe very freely of late, and on that
account our indebtedness to the United States has continued
large. Money will naturally seek remunerative sources of
investment, and as the securities of acknowledged sound¬
ness
are quoted
at a high price on the London Stock
Exchange, a considerable amount of attention is directed
to American bonds.
If these prove to be remunerative
investments, the outflow of gold will clearly prove to
be of advantage to the country, as we have an ample
supply, and capital which had been idle will be yielding
profitable results. For this reason, therefore, there are many
who doubt the expediency or necessity of reducing the rate of
discount. On the other hand, there is this very certain and by
no means encouraging fact—that the trade of the country
being so quiet there is a great scarcity of mercantile bills
and consequently very little demand for money for commercial
purposes. So far this year, the trade of the country has
further amounts will follow.

$1,663,317,250
Total interest-bearing debt
6,093,465
Debton lehich inl.has ceas'd since maVrity
Debt bearing no interest—
346,741,661
Old demand and legal-tender notes—
6,805,000
Certificates of deposit
56,350,700
Gold and silver certificates
7,131,978
Fractional currency
Total debt bearing no interest
Unclaimed Pacific Railroad interest

rather considerable sup¬
unexpectedly taken out of the
some

Bank for transmission to New

463.590.850
250,000,000
738.571.850
775,950
14,000,000

■Refunding certificates
Navy pension fund

as it is only 3 per cent it would be injudicious to
when we are so very uncertain respecting the

gold movements. Of late
plies of gold have been

$196,378,600

Bonds at 6 per cent
Bonds at 5 per cent
Bonds at 4^> per cent
Bonds at 4 per cent

it

[Vol. XXXII.

Ter cent.
3

Bank rate

Open-market rates—
30 and 60 days’ bills

23fi
238

3 months’ bills

Open market rates—
Percent.
4 months’ bank bills
23s@21tj
6 months’ bank bills
25s@234
4 & 6 months’ trade bills. 3 @3^

allowed by the joint-stock banks and
discount houses for deposits are subjoined :
Ter cent.
The rates of interest

Joint-stock banks
Discount houses at call
do
with 7

Annexed is
Bank of

a

2
.

or

;

2^

14 days’ notice

statement showing the present

position of the

England, the Bank rate of discount, the

sols, the average quotation for
middling upland cotton, of No.

price of con¬

English wheat, the price of
40 mule twist, fair second

absorbed in connec¬
of the new French quality, and the Bankers’ Clearing House return,
loan has been released, and the market has assumed an easier with the three previous years.
appearance. The Bank return is more favorable, and the pro¬
1881.
1880.
1879.
portion of reserve to liabilities is now 48'83 per cent, against Circulation, excluding
£
£
£
bank post bills
25,231,195 26,740,545 28,880,790
46*38 per cent last week and 46*03 per cent last year. The
Public deposits
11,867,195 11,242,694 10,971,892
Bank is, therefore, in a good position, and there is some expec¬ Other deposits
24,543,458 25,993,879 28,349,147
Governm’t securities. 15,862,908 16,685,149 15,440,031
tation that a reduction in the official rate of discount will be Other securities
21,181,862 21,840,879 22,377,588
made before long. On this subject, however, opinion is by no Res’ve of notes & coin. 17,888,185 11,261,295 20,216,0o5
Coin and bullion in
means uniform.
There are undoubtedly arguments favorable
both departments
28,119,380 29,001,840 34,096,845
Proportion
assets
of
51*10
both to a rise and a fall, and it can perhaps be almost proved
to liabilities
48’83
46*03
2*2 P- c.
3 p. c.
3 p. c.
that those on the one side are counterbalanced by those on the Bank rate
97*6
Consols.,
1001*
98*6
4Cs. 8d.
other, which we may accept as leading to the conclusion that the Eng. wheat, av. price.
43s. 7d.
46s. Id.
55sd.
e^d.
738(1.
value of money for some time to come will rule stationary. In Mid. Upland cotton...
8»4d.
No. 40 Mule twist...
lO^d.
Is. O^d.
75,425,000
favor of the present minimum being maintained, it is con)lear’g-houae return. 123,732,000 100,935,000
The money which had been temporarily
tion with the preliminary arrangements




..

i

2

....

compared
1878.
£

.

27,115,92o
12,287,814
23,338,414

16,386,358
25,918,204
11,916,320

24,032,245
38*18
3 p. c.

94kid.
48s.

Hd.

59$l:

80,947,000

The

following are the current

pal foreign

rates of discount at the princi¬

centres:
Dank

Open

rate.
Fr. cl.

market
Fr. ct.

4

4

4
4
4
4

2i8
2k
214
3*8

3

Amsterdam...
-*

..

Frankfort....

312

3is
2%
314

313

..

-

TTamhlirir

XI (till W Ui ft* • • •

Vienna

Bank

Open
market,

rate.

Fr. ct.
St. Petersburg...
Geneva
Madrid and other

Spanish cities.
Lisbon &

Fr. ct.
6
4

6

422

•

4
5

Oporto.
Copenhagen
3 ^3 4
New York

Calcutta

5
5

31.3
53>6

6

received in moderate quantities from Australia,
and from the Provinces during the week, but there has

Gold has been
Paris

of £100,000 for shipment to New York.
is now worth 52d. to 52 l-16d. per ounce
dollars have improved to 51/4d. per ounce. India
bills were sold on Wednesday at Is. 715-16d. per

been a withdrawal
Silver is firmer, and

Mexican
Council

rupee.
The public

sales of Colonial wool have been brought to a

Messrs. Hoare & Hudson observe that the first series for
the year commenced on February 15 and closed this day. The
close.

quantities catalogued were 280,501 bales, and of these there
were held over and withdrawn 35,500 bales.
It is estimated that
155,000 bales were taken for export, including about 1,000 bales
for the United States. The second series of sales is fixed to
commence on Tuesday, May 10, the list of entries to be closed
at 4 P.

M.

on

385

THE CHRONICLE.

1881.]

April 9,

the day when arrivals reach 350,000 bales.

Exchange the principal features have been a
dull market for British and American railroad bonds at reduced
On the Stock

quotations, but a firm market for foreign government securi¬
ties. The scrip of the new French loan is at 2%@2}£ premium.
It is stated that a new Argentine loan for £2,500,000 will be
shortly introduced.
The weather has been favorable for agricultural work, and
considerable progress has been made. Wheat has been in steady
request, for consumption, during the week, and prices have
been well supported. The falling off in the visible supply in
the United States and in the shipments to Europe has not had

lighted, and at no very great expense for a
wealthy community like this.
Owing to the large increase in the number of telegraphic
messages sent between this country and the North American
Continent, it has been resolved to lay two more cables between
Ireland and Novo Scotia. The work has been undertaken by
Messrs. Siemens Brothers, and will be commenced early in May
don will be better

of this year.
A Parliamentary

return has been issued this week showing

the progress of British merchant shipping from 1840 to 1880,
with special tables relating to trade with certain countries, pas¬

apprentices, wages, relief of distressed seamen, and
savings of seamen. The tonnage of British ships, sailing and
steam vessels, with cargoes and in ballast entered and cleared at
ports in the United Kingdom in 1860 was 13,914,923 tons, and this
had risen in 1880 to 41,348,984 tons. The American tonnage in
1860 was 2,981,697, and this fell to 1,006,338 in 1880.
With the
exception of Austria all other countries largely increased their
tonnage in the same period. The tonnage of British steam
vessels with cargoes only entered and cleared was, in 1860,3,976,852, and this had increased to 27,052,131 in 1880 ; the return for
America was 8,809 in 1860, and 139,070 in 1880. The merchant
navy of the British Empire had a tonnage of 5,710,968 in I860,
and 8,447,171 in 1880 ; while in the United States the registered
tonnage for foreign trade was 2,546,237 in 1860, and 1,352,810 in
1880. In 1860 there were 171,592 British and foreign seamen
employed in British steam and sailing vessels; and in 1880
that number had risen to 192,972. In 1859-60 there waa
expended for the relief of distressed seamen £21,094 15s. Id.;
and in 1879-80, £29,414 11s. 7d. By the savings banks account
it appears that in 1860 £14,958 17s. 7d. was paid in, and in 1879
the sum of £59,113 10s. 2d. was received from seamen.
Annexed is a return showing the gross and net receipts and
capital expended of the principal railways in 1880 compared
senger ships,

with 1879:

Gross

receipts.

Net receipts,
including the balance
brought forward.

much influence.

held yesterday at which the President and
board of the Grand Trunk Railway of Canada met the prin¬
cipal dealers in the market for Canadian securities, for the
purpose of discussing the question of the fusion of the Grand
Trunk Co. with the Great Western Company. The special object
of the meeting was to enable Sir Henry Tyler to give explana¬
tions with reference to Colonel Grey’s letter of the 9th inst. on
the subject of the proposed amalgamation. Sir Henry Tyler
stated that though he does not consider it to be the interest of
the Grand Trunk Company to hurry forward any arrangement
with the Great Western, he should be happy to recommend
either of the following suggestions if the Great Western share¬
A

meeting

was

holders should

so

desire:

“1. Fusion of entire net

Brighton

....

1880.

1879.

£

£

£

2,031,096

1,924,236
1,110,984

1,092,208

6,982,918

1,145,072
600,600
357,559
1,438,772
1,572,428
3,726,271

1,559,667 34,019,664

.

443,137
2,930,613

3,152,045

Lancashire &
Yorkshire.. 3,573,702
Manch. Shef.
& Line.... 1,819,904

3,365,067

1,702,254

1,711,313

1,062,396

559,379

539,283

436,935

District....

shire
Northwest’D.
Southeast’n

31, ’80.

1879.

£

....

Midland
Northeastern
North Lond’u
No. Stafford¬

Dec.

1880.

Chatham
1,171,366
Furness
567,286
Gt. Eastern.. 3,022.602
Gt. Northern 3,178,658
Gt. Western
7,266,408

Metropolitan
Metropolitan

Capital
expended to
£

21,455,948
659,386 23,891,420
5,635,914
261,422
1,384,949 34,991,350
1,529,953 31,731,066
3,540,388 *67,501,711

988,135

24,551,653

419,043

9,050,323

202,125
223,857
332,431
362,906
6,717,444 6,447,079 3,416,808 3,289.093
6,434,721 5,570,413 2,378,008 2,821,875
246,460
249,477
440,280
457,970

5,535,879
67,719,824
56,004,620

291,340
4,814,724

7,788,441
85,795,774
20,605,366
23,522,180

,642,864

9,765,569
2,082,530
Southwest’n. 2,693,491

590,373
9,293,678
1,985,152
2,598,835

325,487
5,169,001
1,133,163
1,267,918

3,888,221

1,053,207
receipts and division between the
1,202,042
companies on proportions to be arrived at by an independ¬
ent actuary on the published results of the last twelve months.
Total
52,347,896 49,417,837 26,208,306 25,356,007 523,689,854
*‘2. Ail securities of the two companies to remain separate,
'—2,930,059 increase—' —852,299 increase—'
Expended to Jan. 31, 1880.
but to rank for interest and dividends—(a) debenture stocks
The following table gives the rate of dividend paid in the
equally; (b) preference stock and ordinary stock of Great
Western with preference stocks of Grand ^Trunk, as may be last five years by the undermentioned companies, viz.:
1880.
1879.
1878.
1877.
1876.
agreed or settled by an independent actuary on the basis of
6
613
5
6I4
5*8
Brighton
the published results of the last twelve months.”
£3 19s.
t 43$
£2 14s.
314
..£1 16s.
Chatham *
6\
6
313
8
6i4
On the first of April next, four miles of the principal Furness
11*2
138
13&
1*8
%
Great Eastern
518
5%
514
514
513
thoroughfares in London will be illuminated by the electric Great Northern
5ig
4%
334
4
37a
Western
light, and it is the intention of the authorities to dispense with Great
538
458
53a
618
57b
Lancashire & Yorkshire
3
3
218
278
214
the gas entirely. About six miles of the London streets will Manch. Sheff. & Lincoln
5
5
5
4^
Metropolitan
then be served with the electric light, and the shares of the
1
1%
nil.
J4
nil.
Metropolitan District...
6%
55s
5%
53s
53g
Midland
gas companies have been somewhat agitated of late ; but there
8H
578
6I3
7 30
i67s
Northeastern
712
738
714
65e
614
has been nothing like a panic. Why the holders of gas shares N«rth London
2
31s
2
158
178
North Staffordshire
should be greatly alarmed at the electric light is difficult to Northwestern
738
61*2
6^8
6^8
6
Sis
6
513
5»8
conceive. Many years ago, when omnibuses were first started, Southeastern
6
558
5%
534
5^8
Southwestern
the hackney-cab men of those days thought their occupation
On preference stock.
t For the year-and-a-half ending Dec., 1879.
was gone; and much later, when the
underground railway was
Annexed
is
a
return
showing
the extent of our exports of
constructed, it was thought that vehicular traffic on the roads
would be seriously curtailed. The result has been that there British and Irish produce and manufactures, and of foreign
and colonial wool to the United States during February and
are more cabs, omnibuses and travelers than at
any previous
time, and it is clear that the greater the facilities, the more during the two months ended February 28, compared with the
is the desire shown to travel. So will it be with the electric previous year:
EXPORTS.
light. There is no doubt that, in course of time, all our busy
In Two Months.
\
-In February.
thoroughfares will be illuminated by it; but, by comparison,
1880.
1881.
1880.
1881.
the minor thoroughfares will appear to be so deficient in point Alkali
531,525
549,932
264.508
cwt.
208,757
16,261
9,101
4,292
of lights, that it will be found to be
Apparal
and
slops
£
8,507
necessary to increase the
62,113
109,618 ‘
74,801
doz.
Bags and sacks
22,501
3,105
2,636
1,153
1,273
illuminating power m them. The advantage will be that Lon¬ Beer and ale ...hhls.
two

.

*

'




*

,

CHRONICLE

THE

386
—In

February.

1880.
Cotton piece goods. .yds.
Earthenw. <fc porcelain.£

Haberdashery and millinery
£
Hardware and cutlery.£
Iron—Pig
tons.
.

Bar, Ac
Railroad

tons.
tons.

sheets and
boiler plates
tons.
Tin plates
tons.
Cast or wrought,..tons.

.

In Two Months.

/

1880. '

1881.

7,817,300
67,236

8,285,300
56,883

18,956,500
129,455

15,726,900

37,337

39,976

IM.891

36,407

69,651
6,526

18,618

70,925
74,089
126,221

95,603
79,206
3 1,7*12

12,842

110,381

791

] 3.345

1,876

14,937

28,169

22,858

Hoops,

4,957
10,257

626

9,912
27,270
1,773

106

11,114

23,291

5,517

51,501
5,500

1,293
10,721
9,292

10

70

40

285,400
8,880,600

1,081,000
26,502,500

523,800
19,079,100

Old for remaimft.tons.
8 teel—U n wrough t. tons.

29,529

508
5.190

2,908

Lead-Pig roll’d, Ac. tons

10

Jute yarn
476,200
/
lbs.
Linen piece goods.. .yds. 11,563,009
610
Steam engines
£
Other descriptions..£
39,859

716

180

930

1.309

30,197

65,191

66,119

401

879

Paper—Writing or printing

152

396

369

16,081

201
14,772

35,6 40
338

cwt.
except

Other kinds
paper liaugiugs.owt.
Salt
tons.
Silk broad stuffs
yds.
Ribbons
£
Other articles of silk

766

618

40,653

47,522

44,063
91,863

685

832

764

4,067

6,107

6,993

15,617

10,388
2,831

10,614

14,596
11,934

20,451
10,664

2,933
2,327
Wool—British
Ib3. 1,878,200
Colonial & foreign.lbs. 4,530,920
Woolen cloth
460,500
yds.
Worsted stuffs
yds. 3,932,700

7,165

7,355
5,038
3,350,800
7,717,520
947,700
7,803,400

11,586
1.071
2,153,900
2,534,204
1,140,900
5,091,600

only

£

Mixed with other
terial

67,437

ma-

£

Spirits —British
gala.
Stationery^-Othor than

4,410

£
Tin—Unwrought ...cwt.
paper

486

9i3,800
1,384,070
515,400
2,934,000

shipments of iron and steel rails to the United
during the month and two months were as follows:
The

States

Sat.

London.

.

1881.

.[Vox* XXXII.

2.5143—RMedrchants'
Silver, per oz

Mon.

Ml

d.

100516
84-25

105*4
116*4
117*4
143
70
3 3 *2

s.

Flour (ex. State). 100 lb.

12
9
Wheat, No. 1, wh.
“
9
Spring, No. 2...
“
9
Winter, West.,n.
“
9
Cal. white
“
5
Corn, mix.,W.new
“
Pork, West. mess..$ bbl 65
Bacon, long 0103,’', cwt.. 10
75
Beef, pr. mess, new,$tc
Lard, prime West. $ cwt. ~>4
68
Cheese. Am. choice “

Mon.

d.
9
7
7
9
4
5
0
0
0
0
0

s.

12
9
9
9
9
5
63
40
75
53
68

52

9
4
5
0
0
0

9
0

52

83-90
105
L16 *4

83-40

0012*5: 82-95
105*4
105*4
1 16*4
116*4
1 17*4
117*4
49 It
49*2
14 2*2

105*4
L16 *4
117*2

49*55
142*2
70*3

s.

9
9
9
9
5
65
40
75
53
68

33*4

JM

Th

151*2
Fri.

urn

d
s.
12 9
9
8
.9
8
9 10
9 4
5
4*2
65 0
40 0
75 0
53
6
63
6

d.
9
8
8
10
4
4
0
0
0

6
0

6

71*4

33

Wed.

12

10091-

71

33
151

s.
d.
12 9
9 8
9 8
9 10
9 4
5
4
65 0
40 0
75 0
53 9
68 0

7

52
10011 us
1*0 34

'lues.

d.
9
7

Fri.

l0O716
100»1«

70
33
151

152

T/mrs.

loo***
100*2

117*4
493a
142*5,

50*8

Sat.

Wed.

52

i6

1003 w

Consols for money
100:<16
Consols for account
100318
Fr’ch rentes (in Paris) fr. 84-25
U. 8. 5s of 1881
105*4
11 0*4
U. S. 4L>s of 1891
117 J-2
U. S. 4s of 1907
495s
Erie, common stock
14! *4
Illinois Centra!
69
Pennsylvania
Philadelphia & Reading. 33
New York Central
151*4

Liverpool.

lues.

s-.
d.
12 9
9 8
9 8
9 10
9 4
5 5*a
65 0
41 0
75 0
54 6
69 0

©ammcvctal audllttscellauemis l^eurs.

National Banks Organized.—The foliowing-named national
banks were organized this week :
National Bank, of Nashville, Tenn.
Authorized
capital, $300,000; paid-in capital, $150,000. Thomas Plater,
President.
No cashier appointed.
River Valiev National Bank, of Fargo, Dakota Territory.
Authorized capital, $100,000; paid-in capital, $100,000. L. 8.
Follett, President; L. \V. Follett, Cashier.

for the Week.—The imports of last
those of the preceding week, show
/—In February.—.
,—In Two Months.—. a decrease in dry goods and an increase in general merchandise.
The total imports were $9,613,811, against $9,937,761 the pre¬
1881.
1880.
1881.
1880.
The exports
Iron rails
tons.
6,603
10,410
14,549
16,032 ceding week and $9,482,370 two weeks previous.
tons. 6,162
£ teal rails
4,380
13,512
6,035 for the week ended April 5 amounted to $9,044,878, against
$7,418,223 last week and $7,800,595 two weeks previous. The
p
During the week ended March 19, the sales of home-grown following are the imports at New York for the week ending
wheat in the 150 principal markets of England and Wales (for dry goods) March 31 and for the week ending (for general
Amounted to 33,925 quarters, against 24,336 quarters last year merchandise) April 1; also totals since January 1:
FORETON IMPORTS AT NEW YORK.
and 50,340 quarters in 1879 ; while it is computed that they
were in the whole kingdom 135,700 quarters
against 97,400
1879.
1880.
For Week.
1878.
1881.
quarters last year and 201,400 quarters in 1879. Since harvest Dry Goods
$1,472,314
$1,819,898
$3,082,653
$2,641,077
the sales in the 150 principal markets have been 1,109,330 Gen’l mePdise..
4,176,895
2,943,490
8,421,042
6,972,734
quarters, against 912,079 quarters last season and 1,618,716
Total
$5,996,793 $11,503,695
$4,416,301
$3,613,811
Since Jan. 1.
quarters in 1878-9, the estimate for the whole kingdom being
$26,912,044 $28,467,493 $40,026,294 $34,192,819
Dry Goods
5 1,643,758
4,437,320 quarters, against 3,587,000 quarters and 6,273,500 Geu’l mePdise..
93,007,103
52,277,394
74.817,603
quarters in the two previous seasons respectively. Without reck¬
$79,189,438 $83,111,251 $133,033,337 $109,010,422
Total
oning the supplies of produce furnished ex-granary at the
In our report of the dry goods trade will be found the imports
commencement of the season, it is estimated that the following
of dry goods for one week later.
The following is a statement of the exports (exclusive of
quantities of wheat and flour have been placed upon the
British markets since harvest. The visible supply in the specie) from the port of New York to foreiga ports for the
week ending April 5, and from January 1 to date:
United States is also given:

Imports

Exports

and

week, compared

with

EXPORTS FROM NEW YORK FOR THE WEEK.

1880-1.

1879-80.

Imports of wheat.cwt.32,708,772
Imports of flour
7,513,931
Sales

of

produce

home-grown
19,228,400

Total
Deduct
exports
wheat and flour

27,471,938
4,725,42 L

33,635,196
5,084,833

28,057,700

22,591,500

57,791,329

60,255,059

61,311,529

823,314

877,624

1,167,548

1,102,162

58,628,739

50,913,705

59,037,511

60,219,367

50,451,103
or

Result

The

1877-8.

15,966,000

Av’ge price of English
wheat for season (qr.)
Visible supply of wheat
in the U. 8

35,487,424
6,337,905

1878-9.

42s. 6d.

bush. 23,400,000

46s. 8d.

40s. 4d.

extent of the imports of

:

IMPORTS,

Oats
Peas
Beans
Indian

1879-80.

1878-79.

1877-78.

cwt.32,708.772
7,826.392

35,437.424
9,750,757

27,471,933
6,825,268

5,367,739
1,392.105

8,034,449
1,309,530

6,129,930
898.098

33,635,196
8,386,939
6,401.496
1.047,216

1.308.524

1,615,999

702,200

2.156.142

18,031,889
7,513,931

12.605,651

17.035,019

6,337,905

4,725,421

17,267,658
5,031,833

com

Flour

EXPORTS.

Wheat

cwt.

Barley
Oats
Peas
Beans
Indian
Flour

.•
....

com

746,584

Jan. 1

$94,950,513

$84.807,676

Total s’ce

795,044

39,761

15,159

446.894

64.982
32.406

56,678
20,943
179,759

554,415

76,730

32,580

25,177

1,081,432
80,958

1,064,985
34,912

56,056
11,222
6,761
285,224
86,116

74,471

English Market Reports—Per Cable.

The

$9 044,878

$7,194,662
83,798,511

93,586,802

$90,993,203 $107.631,680

table shows the exports and imports of specie
port of New York for the week ending April 2 and since
January 1, 1881:
The following

at the

EXPORTS AND IMPORTS OK SPECIE AT NEW YORK.

15,259
12,487
-94,951

37,177

Great Britain

Imports.

Exports.
Week.

during the first thirty weeks of the season,
corresponding period in the three previous seasons

Barley

$5,960,293
78,847,378

$0,496,993

Gold.

United Kingdom
compared with the

Wheat

83,453,525

1831.

53s. Od

cereal produce into, and the exports from, the

1880-81.

For the week...
Prev. reported..

25,864,300

following return shows the

1830.

1879.

1878.

$1,260

Since Jan. ^

Week.

$4,260 $2,813,981 $11,834,202

482,500

France

Germany

2,000

West Indies
Mexico
South America
All other countries

Total 1881
Total 1880
Total 1879

659,236
8,350

7,152
111,610

4,600

$4,260
23,725
5,000

$140,000

France

59,962
3,300

Germany
West Indies
3Iexioo

$2,896,375

Total 1881
Total 1880
Total 1879

v

10,204

45,059
5,490

21,337

$3,043,962
1,551,657
5,263,714

188,877
5S3.292
38,387
50

18,239
$214,842
20,960
362,198

182,198
135,111
124,748
99,600

$79,598

$

22,850
71,957

135,535
5,590

South America
Ail other countries

857,918

$122,470 $3,488,719 $13,716,307
92G
1,144,018
1,503,096
456,019
160,785
19,023

Sil ver.

Great Britain

Since Jan. 1

$141,025
4,355
129,081

$935,253

1,199,151
2,553,804

for the week in ,1881, $3,342 were
gold coin and $5,389 American silver coin.
Northern Pacific.—The N. Y. Times of April 2 had the
following :
“In the mass of documentary evidence to ho submitted in the suit of
Mr. Henry Villard against the Northern Pacific Railroad, to annul tne
Of the
American

above imports

daily closing quotations for securities, &c., at London,
issue of 180,000 shares of common stock of that railroad, there
Liverpool, are reported recent
is presented a history of the manner in which the Northern Pacinot>y cable as follows for the week ending April 8:
passed into the control of its present management. Attached is aiso
and for breadstuffs and provisions at




April

THE

9, 1881.]

CHRONICLE.

387

faoo that they are so receivable. |Thts section it is understood waa
amended so that the coupons are not to bo receivable for tax-s levied to

iSniffr^RaiTroud Company.

To aid in the construction of this line lands

irmnfcd to tho amount of 10 sections per mile on each side of
«Vid road in tho States and of 20 sections per mile on each side in
the land thus
?;*
granted amounting to nearly
the Territories,
47,000,OoO acres J. Gregory Smith of St. Albans, Vt.f and his asso\voro

T share each to It. II. Bui doll, i'. N. Barney, It. II. Barney, George W.
Cass J. Ed gar'Thompson and Edward Reilley. It was mutually agreed
bv these subscribers that the best efforts of each and all should be giveu
to obtain from Congress the passage of a bill granting aid to tho coinnany for construction purposes, and each party, it was agreed, should
contribute, according to his interest, tho necessary lands for that pur¬
pose provision being mode that not over $12,500 should bo assessed on
a single share.
Having thus secured control of the charter, the syndi-

pay interest on tho permanent school fund.
$150,000 of taxes yearly.]

This

amounts

to

only

Sec. 4.
Be it. further enacted. That said bonds shall bo in denomina
turns of $50, $100, $500 and $1,000. That is, there shall not be less than
five per cent of the whole amount iu bonds of tho denomination of $30;-

fiveper cent of the denomination of $100, and ten

per

cent of tho

denomination of $500, the remainder to bn of tho douominatbm of
$1,000 (to be pro-rated by the Funding Board, hereinafter provided) as

said Board may seem just and equitable between those who may present
their bonds and coupons to be funded under th s Act. But
the"Funding
Board may issue bonds of the smaller denomination aforesaid, to any
amount in excess of tho amounts hereinbefore stated, if the holders of
the bonds and coupons who present iliem to be funded so desire.
Sec. 5.
Be it further enacted, That the Secretary of State, Comptroller
and State Treasurer, shall constitute a board to be designated a Funding

Board, any two of which shall constitute a quorum for the transaction
of any and all business for which said Board was created. Said Board
may sit or hold meetings for tlie transaction of the business created by
this Act at such times and places as they may deem wise and proper, to
enable holders of Tennessee bonds and. coupons to fund the same under
the provisions of this Act.
******

additioual (j being assigned to Jay Cooke & Co. The capital stock of the
oompany it was agreed should be appropriated as follows: The rep¬
resentatives of the 18 shares should subscribe for $80,001,000, an
equal portion to each share, which should be issued in full paid-up
stock. Each of the 18 shares was to receive $124,500 immediately, and

Sec. 8. Bo it further enacted, That the Funding Board is authorized
to demand and receive as compensation lor their services in carrying
out the provisions of this Act, the sum of two dollars for each bond or
the denomination of $1,000, one dollar and fifty cents for each bond of
the denomination of $.500, and one dollar for each of all other denomi¬

nations, to be paid by those receiving the Compromise bonds, as pro¬
vided by this Act.
******

Texas Western Narrow Gauge.—This road was sold in
Houston, Texas, April 5, under a decree obtained by the Farm¬
ers’ Loan & Trust Company of New York.
It was sold for$100,000 to attorneys for Messrs. Stone, Spofford & Chew. The
payable in 30 years, in gold, bearing interest at the rate of 7 3-10 per road runs from
Houston^to Pattison, 41 miles.
cent per annum. These bonds were secured by a first mortgage upon

fiscal agents sold and placed to the credit of the company the proceeds
of $1,000 of stock, tho agents themselves were entitled to receive $200
of the same stock.
Bonds of the company were issued to the amount of $100,000,000
the railroad, its lands and property. Claims against the company, in¬
cluding the moneys expended by the original shareholders, were paid in
these first mortgage bonds at 88 cents on the dollar, with interest. This
first agreement with Jay Cooke &. Co. was supplemented Jan. 1,1870,
in that the 18 shares were increased to 24, the extra 6 to go to Jay Cooke
& Co., and to be paid for as were their first 0.
In consideration of this
and other arrangements, and to facilitate construction, it was stipulated

by Jay Cooke & Co. that $5,000,000 should be raised by subsoripiion
within 30 days for the immediate use of the company; the fiscal aerouts
also agreed to pay the drafts of the syndicate from time to time to the
extent of $23,175 as security.
As collateral Jay Cooke & Co. had trans¬
ferred to their account one-thirtieth part or share in the Northern Pacifio Railroad Association.
But Jay Cooke & Co. became bankrupt, and it was necessary to deter¬
mine upon a plan for tlie reorganization of the company.
*
* * It
was arranged that preferred stock should bo created and issued to the
amount of $l,00c,0^0, the entire stock of the company, preferred and
* * * Common stock was to be issued
common, being $100,000,000.
to the amount authorized by the charter, less the $51,000,000 preferred.
“Certificates of this stock,” was the verbiage of the plan adopted, “shall
be Issued to holders of, or to those now entitld to, certificates, share for
share, and the residue ratably to those origiually entitled thereto or
their assigns.”
The purchase

of the road and its property was made August 12, 1875,
by the committee, in accordance with ilio provisions of the “plan.” The
price paid was $100,000. There was at this period 550 miles of road in

Saying operation, substantially free from debt, and attached was a

omain of nearly 10,000,000 acres of land.
In au official statement of
the Northern Pacific Railroad Company, made Julv 10, 1879, President

Billings enumerates the proportion of preferred and common stock of the
company as recognized by the management: Preferred, 438,000 shares,
72,000 shares of preferred having been extinguished by exchange for

lands;

common,

400,000 shares.

Of the 490,oOO shares of the comniou

the President’s report states that there were entitled to be issued.
290,526 shares, and of this amount 283,844 shares had been issued, and

then being issued. The remaining 190,474 shares
stock, regarding the issuance of which, or a portion of
which, the present litigation has arisen, were to be issued. It was at 5
this time that tlie Northern Pacific Railroad Company made application 1

15,682 shares

of this

were

common

to have the entile amouut of its

preferred and its common stock (includ¬

ing tho residue of the common stock) placed on the regular list of tho
New York Stock Exchange. Tn his annual report to the stockholders at
the annual meeting, September 24, 1879. President Billinas said: “Of
the 490,000 shares of the common stock there were entitled to be issued
299,526 shares, and whicii are nearly all issued. The remaining 190,474

Wabash St. Louis & Pacific.—This company offered in Lon¬
don $4,187,000 of its consolidated mortgage bonds at 107per

cent,

or

£215

per

$1,000 bond (4s.

per

dollar.)

—Messrs. Winslow, Lanier & Co., J. & W.

Seligman & Co. and
Kidder, Peabody & Co. are offering $10,000,000 Atlantic A Pacific
Railroad 6 per cent first mortgage and land grant thirty-year
sinking fund gold bonds, payable in 1910. The principal and
interest are payable in gold coin of the United States, and the
issue is limited to not exceeding $25,000 per mile. The bonds *
are offered at 102^ and accrued interest, payable May 1, when
they will be ready for delivery. Subscriptions will be received
on and after
Monday, the 11th day of April, by either of the
firms named above, to whom application may be made for copies
of the bond and mortgage, and also by Messrs. Seligman Bros,
of London and Messrs. Seligman & Stettheimer, of Frankfort.
Full allotment will be made to those only whose subscriptions
are first received to the extent of the first five million dollars
of bonds. Interesting information in regard to the road is given
in the advertisement offering the bonds, which will be found
in another column of to-day’s issue.
—The Hongkong & Shanghai Banking; Corporation makes
another semi-annual statement showing increased prosperity.
For the half-year ending 31st December, 18S0, the net profits
(including $23,325 brought forward from last account) amounted
to $485,645 over all charges and interest, of which, after taking
out rebate on bills not yet due aid remuneration to directors,
there remain $475,247. From this sum the payment of a
dividend of one pound ten shillings sterling per share absorbed
$266,666, and there was placed to the credit of reserve fund
$200,000, now $1,800,000. The dividend of August, 1880, was
£1 5s. per share, and the dividend before that was £l per
share. Mr. A. M. Townsend is the agent of this corporation in
New York.

announced by the Ontario
Mining Company—amounting, on 150,000 shares, to
$75,000—and making the total amount of dividends thus far
—The hearing upon the motion to continue the temporary
paid, $3,350,000.
injunction in the suit brought by Henry Vitiat'd against the
—Investors are invited to notice a list of first-class securities
Northern Pacific Railway Company, to restrain the issue of
offered by Mr. Chas. T. Wing, in our advertising columns
$18,000,000 of the company’s stock, which was set down for
Thursday before Judge Speir, in the Superior Court, Cham¬ to-day.
bers, was postponed until next Tuesday, April 12, because of
shares of the common stock are to be issued—according to the plan of
reorganization—to the numerous owners of the old proprietary interest,
as tho road progresses.”

the absence of

some

—Dividend No. 66 (for March) is

Silver

of the counsel.

Tennessee Debt.—The State Senate has passed, and the Gov¬
has signed, the bill to settle the State debt by giving new
bonds running 99 years and carrying 3 per cent interest for the
fuli face of the outstanding bonds, with accrued interest. There
are eleveu
coupons unpaid on the bonds, including that of
January, 1S31, making 33 per cent of accrued interest. The
important sections of the bill are as follows:

FISK

ernor

6c

HATCH,

BANKERS,
AND

DEALERS

IN

GOVERNMENT BONDS,

And other desirable Investment Securities,
No. 5 Nassau Street, New York.

Section. 1. Beit enacted by the General Assembly of the Stale of Ten¬
nessee, That all tho legally issued bonds of the State of Tennessee,
except the bond issued for tlie permanent school fund, and except tho
bonds held by tlie

Bivy and sell all issues of Government Bonds, iu largo or small amounts
prices, and will be pleased to furnish information in
reference to all matters connected with investments in Government

coupons thereon up to and including those

Bonds.

University of
Tennessee, and all outstanding
falling due on the first day
July, 1881, be capitalized and funded into coupon bonds of tlie
t,() l,e styled “The
Compromise Bonds of the Si ate of Tennessee.”
Sec. 2. Be it further enacted. That for each and every legally issued
bond of the Slate of Tennessee, or coupons, presented to the
Funding
or

aii ll(r1(‘hiafter provided for under the provisions of this act, there

>
snail
be issued a bond or bonds for an amount
equal to the principal of
said oond so
presented, together with the past-due interest thereon,
caul bonds authorized to he issued under the

be

dated

provisions of this act shall

on

the first day of July, 1881, and shall
but tlie same shall he
expiration of five years

-nme years after their
date;
c ate at
any time after the

be. payable ninetyredeemable by the
from their date, at

Jus
of the State. Shall bear interest at the rate of three
centpleasure
per annum,
*

i°

ffi

per

payable semi-annually on the first day of January and
• Shall have coupons of interest attached

the city of New York.

°1 said bonds, and for the punctual payment of the prinoipal
^ch
interest of said

ana

oonds the faith, credit

hereby solemnly pledged.

and honor of the State is

further enacted. That the coupons ou
ujnns, on and after their maturity, shall be receivable
*axes and debts due the
State, and said coupons shall




said compromise
in payment for all
show upon their

at current market

Wo

are

prepared to give information in regard to first-class Railway

Securities and to execute orders for tlie same.

Buy and soli all marketable Stocks and Bonds on
Stock

commission, at the

Exchange or in the open market.

Merchants and others, and allow
daily balances; and for those keeping accounts with us wo
collect U. S. coupons and registered interest, and other coupons, divi¬
dends, &c., and credit without charge.
We give special attention to orders from Banks, Bankers, Institu¬
tions and investors out of the city, by Mull or Telegrapk, to buy or
sell Government Hoods, Sta^e and Railroad Bonds, Bank
Stocks, Railroad Stock.*, and other securities.
Wo have-issued the Eighth Editiou of “Memoranda Concerning Gov¬
ernment Bonds,” copies of which can be had on application.
Receive accounts of Banks, Bankers,

interest

on

FISK & HATCH.

rHE CHRONICLE.

388

The

'£hc $5 nutters' (SaActlc.

and

a

[Vol. XXXII.

following table shows the changes from the previous week
comparison with the two preceding years :
1881.

DIVIDENDS.
The following dividends have recently been

Name

Per
cent.

of Company.

Railroads.
Boston Clin. Fitchb. & N. B.. prof.
NnshiiA A. Rochester
Sioux City A Pacific,

pref

Vermont & Massachusetts

announced:

When

Books Closed.

Payable.

(l)ays inclusive.)

1*2
3%

April
April

1
5

$3

April

8 April 1 to

4

April

FRIDAY,

Loans and dis.

Specie

Circulation...
deposits
Legal tenders.

Net

April 15 April 8 to April 17

$3

Insurance.

North River

April 2.

APRIL

Legal reserve.
Reserve held.

1881-5 P. M.

•

previous
Dec.

57.611,000 Dec.
16.713.500 Inc.
275.495,400 Dec.

week.

1880.

1879.

April 3.

April 5.

$333,900 $290,639,500 $235,836,600
53,669,300
57,900
18,365,000
20,983,600
83,000
19,635,500
91,100

259,306,800

12.710.500
$68,873,850
70.321.500

Dec.

224,000

10,847,500

Dec.
Dec.

$22,775
281,900

$64,826,700
64,516,800

193,121,700
31.815.800
$48,280,425
50.180.800

$1,447,650

Dec.

$259,125

def. $309,900

$1,900,375

Surplus

11 April 4 to April 10
8,

.

$300,288,100

Differences fr'm

United States Bonds.—There has still been a

large business

bonds in the changing off by holders of one class
of bonds for another, which makes lively work for the dealers.
The feature of the week was the purchase by the Treasury on

in Government

Market and Financial Situation.—Affairs in
Wall Street have been rather quiet. Secretary Windom returned to
Wednesday of $494,000 currency sixes, at a cost of $664,552, for
Washington on Monday after his conference with the New York the Pacific railroads sinking funds. The purchase was made
bankers, but he has yet given no definite indication of his pro¬ on
proposals calling for the offer of bonds—4s, 4%s, or currency
The Money

posed action in funding the maturing fives and sixes. The latest 6s—to the amount of $666,000 for this purpose.
dispatches from Washington to-day state that the Cabinet dis¬
The closing nrices at the New York Board have been as follows;
cussed the financial question, and agreed that there was no objec¬
Interest April April April April April April
tion to the Secretary’s entering into an agreement with the holders
8.
6.
7.
4.
5.
2.
Periods.
of the fives and sixes whereby the bonds may be allowed to run
*10218 *102is *10218 *10218
reg. J. & J. *10214 *10214
at a reduced rate of interest. Some of our leading bankers and 6s, 1881
*102% *1021q *102is *102is
6s, 1881
coup. J. & J. *10214 *10214 100
*100% *100% *1007s
dealers in Government bonds think that it would be prejudical 5s, 1881
reg. Q.-Feb. *1007s *100%
102
*102
1021s *10218 1021s
5s, 1881
coup. Q.-Feb. *102
to the credit and dignity of the United States Government not to 4%s, 1891
*11258 w1125s *132%
reg. Q.-Mar. 112^8 *1325s *11212
coup. Q.-Mar. *1125s 13258 *11212 *11250 1127a 11278
pay the sixes of 1881 when they fall due, as they have always 4%s,1891
*113% *113% ni37a
4s, 1907
reg. Q.-Jan. 113% *33334 113%
*113% *113% 114
been considered a distinct twenty-year bond,whereas the fives are 4s, 1907
coup. Q.-Jan. 1135s *113% 1137s
*132
*13012 *130
*131
*131
*130
J.
&
J.
cur’cy, 1895..reg.
*131
*131
*131
*1311-2 *133
only payable after 90 days’ notice, and have passed current on 6s,
*130
J.
&
J.
6s, cur’cy, 1896..reg.
134
*131
*132
*132
*131
*130
J.
&
J.
this basis. It is generally conceded that by using the 4 per cent 6s, cur’cy, 1897..reg.
*135
*13112 *133
*132
*131
6s, cur’cy, 1898..reg. J. & J. *330
bonds yet authorized, the Secretary, with his other resources, 6s, cur’cy, 1899..reg. J. & J. *130 *131 *133 *137 *13212 *134
can manage the sixes.
Why then should he take any unusual or
Tliis is tlie price hid at the morning board; no sale was made.
extraordinary measures to convert the five per cents to save to
The range in prices since Jan. 1, 1881, and the amount of
the United States the comparatively paltry sum of less than each class of bonds outstanding April 1,1881, were as follows:
$3,500,000 ? The fives outstanding will be, in round figures, say
Amount April 1, 1881.
Range since Jan. 1,1881.
$465,000,000; the difference in interest between 5 per cent and
Coupon.
Lowest. ■
Registered.
Highest.
3^ per cent is 1^ per cent for one year, or % of 1 per cent for
3 102% Mar. 11 $154,181,100 $41,509,300
cp. lOl^Jan.
six months; this amounts to less than $3,500,000. One might 68, 1881
1 326,356,000 137,234,850
5s, 1881
cp. 100% Feb. 24 1021Q Apr.
72,177,600
suppose from the unending talk in regard to these 5 per cents 4%s, 1891..cp. lllie Mar. 10 113 Feb. 19 177,822,400
112% Jan.
3 114% Mar. 31 536,957,700 201,614,150
1907
4s,
cp.
that the whole vitality of the Government, the maintenance of its
64,623,512
6s,ciir’ncy.reg. 127% Feb. 28 134% Jan. 13
credit, and the success of the present Administration, depended
Closing prices ot securities in London for three weeks past and
upon saving this insignificant amount of interest. The Adminis¬
the
range since January 1,1881, were as follows:
tration really has no responsibility for the want of a funding
Range since Jan. 1,1881.
law; and under the circumstances could the Secretary pursue
A pril
March April
Lowest.
8.
1.
25.
Highest.
a wiser course than to let the fives stand till Congress passes a
Feb. 24 105% Apr. 1
proper law to dispose of them ?
105%
105% 103
U. 8. 5s of 1881.... 104%
116%
116% 114% Feb. 24 116% Apr. 1
At the Stock Exchange this week, the sensation has been in U. S. 4%s of 1891.. 115
117% 11578 Feb. 9 117% Apr. 1
117%
U.S. 4s of 1907.... 116
Southern State bonds. After the Tennessee funding bill passed,
such a rattling among the dry bones occurred as has seldom
State and Railroad Bonds.—The activity in Southern State
been witnessed, and the general uprising of things long dead bonds at the New York Stock Exchange has probably surpassed
recalled one of the forcible Beecher-trial expressions—“ a sec¬ any similar movement since these bonds passed down into the
tion of the day of judgment.” The following is an extract from realm of the speculative fancies. In our report last Friday the
the New York Board list at one session only on Wednesday, and defeat of the Funding bill in the Tennessee Senate that day by a
it is a tolerably fair sample of the week :
single vote was recorded, and the bonds fell accordingly. But a
S. Car. 6s, nonArkansas 7s.
reconsideration was obtained, and on Tuesday the bill was passed
Tenn. 6s, n. ser.
Tenn. 6s, old.
fundable.
5,000... 15 %
10,000... 72
1,000.... 75
10,000... 87s in the Senate by a majority of one vote, and became a law by
20,000... 1534
Virginia 6s, def.
10,000.... 74
91s the Governor’s signature. This was the signal for a general rise,
10,000...
10,000...
157s
25,000...
21^8
30,000.... 73
10,000... 914
25,000... 21*-fc S. Car. 6s, non10,000.... 7314
net only in Tennessees, but also in all the old low-priced bonds
fundable.
N.C.sp.tax,3dcl.
10,000... 2114
22,000.... 72
190,000... 9%
5,000... 8%
10,000... 21%
10,000.... 721.2
of the Southern States, and the quotations above from the sales
10,000... 9%
16,000... 8%
10,000.... 72«8
25,000... 21
16,000... 914 of a single hour at the Stock Board present a good specimen of
5,000... 8%
20,000... 21%
31,000.... 73
Arkansas 7s.
2,000... 8%
3,000... 9%
Tenn. 6s, new.
the activity which has prevailed each day since. At the close
10,000... 9
10,000... 9%
48,000... 15
10,000.... 74
7,000... 9% N.C.fund.act,’66
5,000... 1514
15,000.... 73
to-day Tennessees old were 77%; new, 77; new series, 77;
20,000... 17
60,000... 10
47,000... 151*2
35,000.... 72
9%
20,000...
17%
South Carolina non-fundable, 12% ; North Carolina special tax,
20,000...
10,000... 16%
10,000.... 721*
135,000... 9
20,000... 18
15,000... 16
20,000.... 73
third class, 10 ; Arkansas 7s, 16 ; Virginia deferred, 20%. The
La. 7s, cons.
50,000... 8%
50,000... 17
Tenn. 6s, n. ser.
10,000... 61*2 Tennessee funding law is passed substantially as introduced, and
21,000... 8%
30,000... 17%
2,000.... 72
20,000... 62
59,000... 8
15,000... 1714
10,000...,. 73
provides for new bonds running 99 years, and bearing 3 per cent
The money market has been fairly easy at 4@6 per cent for
interest, to be given for the face of the old bond and twelve
call loans, according to the collateral furnished and the standing
overdue coupons, including that of July, 1881.
of the borrowers. Time loans are made at lowrer rates, and the
Railroad bonds have been less active, but decidedly strong.
Government bond dealers are not inclined to take money for
Messrs. A. H. Muller & Son sold the following at auction:
Shares.
sixty days at anything above 3 per cent. Prime commercial
Shares.
90 Ninth National Bank
12o*4
50 Manhattan Gaslight Com¬
paper still sells about 5@6 per cent.
122%
50 Chatham Nat. Bank
pany
176%<2>176%
9 Knickerbocker Fire Ins.. 65
The Bank of England statement on Thursday showed a decline
40 N. Y. Gasliglit Co
97
Bonds.
36 Harlem Gaslight Co
68
for the week of £902,000 in specie, and the reserve was down to
$13,000 N. Car. 6s, issued to
10 Westchester Gaslight Co. 60
W’mston & Tarboro RR.
683
110®109%
45 3-16 per cent of liabilities, against 47 per cent last week ; the 105 Brooklyn Bank
5,000 Chic. & Can. So. RR.
1 Produce Exchange Mem¬
1st mort. bonds, October,
discount rate remains at 3 per cent. The Bank of France
bership for
$1,200
- '2%
1873, coupons on
100
showed a decrease of 1,700,000 francs gold and 7,150,000 francs 100 North River Bank
*

- -

Railroad and Miscellaneous

silver.
The

last statement of the New York

City Clearing-House
banks, issued April 2, showed a decrease in the surplus above
legal reserve of $259,125, the total surplus being $1,447,650,
against $1,706,775 the previous week.



Stocks.—The stock market

has

comparatively steady on a moderate volume of business.
and no rumors of controlling influence
to turn prices sharply in one direcrion or the other, and in the
absence of any positive announcement of the Treasury policy>
been

There have been no facts

THE CHRONICLE.

9, 1681. J

Apbil

along rather steadily, closing to-day
with a slight tendency towards lower figures. The railroad
earnings are really the great indices to be consulted, and on
another page they are presented for the month of March and
for the first quarter of the year as fully as they can yet be
obtained. In regard to those roads which show a decrease, it
may fairly be concluded that their loss of net earnings is rela¬
the

Railroad

market has kept

tively" much larger

than the loss of gross earnings

reported.

as

On the other hand, it is to be remembered that the causes for a
loss of business from January to April have been wholly tem¬
porary,
and have now
r

terminated.

Neither the Western Union nor the Northern Pacific injunction
suits have yet come to final argument. It is commonly reported
that the St. Paul stocks are so largely controlled by a pool that

selling them short is dangerous.
The daily highest and lowest prices have been as follows:
Saturday,

2

April

01

59
78

Am.DiBt.Tel.
Amer.Un.Tel.
Canada South.
Cent, of N. J..
Cent. Pacific..
Ches.&Ohio..
Do lstprf.

Monday.
April 4.

50% 00

79

Tuesday,
April 5.

Wednesd.

53

52%

April

57

0.

80% 81%
101% 102%
87H 87%

25% 20
43%'
Do 2d prf.. 31% 32%
138
Chic. & Alton. 138
Chic.Bur.&Q- 104% 105%
110%
Chic.M.ASt.F. 122 112
123
Do
pref
Chic.&N. W.. 123 124%
Do
pref. 130% 136%
C.B.I.&Pnew 130 138%
74%
Cb.St.L.&N.O. 73
Ch.St.P.M.&O 43% 43%
Do
pref. 99% 100
90%
Clev. C. C. & I. 88
25%
Col.Chic.&I.C. 25
Del.&H.Canal 111% 112%
Del.Lack.&W. 121% 122%
Denver* R.G. 100% 108%
Han.* St. Jo.. 58% 59%
Do
pref. 103% 104%
43

80
99

91%
102%
87% 87%
25% 25%
42% 43

32

32

78

54

57

80% 80%
99% 100%

80
81
80% 81% 80% 81
99% 101
100% 101% 100% 102
87
87
87%
89
80
87% as
87%
24% 25% 25
25%
25% *25
25%
41% 42% 42
42% *41% 43 *41
48
31
31
31% 31% 31% 32% •80% 32
*

140
140% 140%
104% 104% 104% 105
104%
110% 111% 110% 111% 110%
*•122 123% 121% 121% 123
122% 124% 121% 122% 122%
135
135% 135% *135 137
130* 138
130% 137
135%
73% 74% 73
73% 74
42 H 43% 42% 43
42%
99
100
98 V
99% 98%
87% WW 87% 88% *....
25
24% 24% 24%
112% 110% 111% 110%
120% 123
120% 121% 120%
100% 108% 1O0J4 107 100%
57% 59% 58% 59% 58%
101
104% 102 102% 102%

*134

....

_

138

135
105
112

138
105

105 104% 164%
112% 112% 113%
113%
123% 123% 123% 123%
123% 123% 124% 122% 123%

123

135

*135

137

137

130

130% 137% 136% 130%
70
77%
77%
43
42% 42%
IS*
99% 99
99
99%
89
89
89
88%
24
24% 24% 24%
111
111% 111% 110%
121% 121% 121% 119%
107% 100% 107
106% X06J*
58% 58
58
58% 57
103% 103% 103% ion 102%
74

ay

it*

iS*

Hous.&Tex.C.
Illinois Cent.. 130% 138% 137
138% 137” 137% 137% 137% 137% 137% 135% 137%
70
70
70
70
Int.& Gt.Nor.. 70
70% 70% 70
*68
72
52
52
Lake Krie&W.
Lake Shore.... 130% 131% 128% 13i% 128% 12y% 129% 130% 130% 131% 129% 130%
LouiSv.*Nash 91% 92
91% 91% 61% 92% 91% 92
91% 91% 91% 91%
Manhattan.... 38% 38% 1’8
38% 38
38% 38*4 38% 38% 38% 37% 38%
Mar. *C. 1st pf. 12% M* 125% 13% 12% 13% 13
13% 13
13
13% 13
8
8
Do 2d prf.
8
8%
‘y*
8
7%
8% 8
7%
7%
115
114
115
Met. Elevated 115
114% 114% 114
114% 113% 114% 113 113%

Mich.Central.
Mobile* Ohio.
"Mo.Kans.&T.
Mor.& Essex..
Nash.Ch.&StL
N.Y.C. & H. K.
N.Y. Elevated
N.Y.L.E.&W.
Do
pref.
N.Y.Ont.&W.
‘Northern Pac.
Do
pref.
Ohio Central..
Ohio* Miss...
Do
pref.
Pacific Mail...
Panama
Phil. *Read’g
Bt.L.A.* T.H.
Do
pref.
Bt.L.I.M. & So.
8t.L.*S.Fran.
Do
pref.
Do lstprf.
Tex.& Pacific.
Union Pacific.

113% !li^
20
24%
40
40% 45%
122a* 122% 121%
78'
78
78%
140
146% 145
125

123

122

47% 48%
88
37

47H
87%

88

42%
7294
30%
43%
54%
240

*

These

S£i®s

are

112% m%H2;
26% 28% 20% 27£
46
40% 45% 46%
122% 122% 121% 122
78
140
123

79

77
145

79

140%
145%
123% 123% 124
47% 48
47% 47%
87% 87%
30
30% 35% 30%
43% 44% 43% 44%
73% 73% 72% 73%
30% 30% 20% 80%
43% 44% 43% 43%

30*%

75%
30%
44%

72

50%

50” 57% 55% 50% 54J4 55% 53% 54% 53% 54%

04%

128% 128%
C4% 00
*41
42%
*02% 03
60% 90%
50% 57%
120
121%
Wab.St.L.&P. 40% 47%
Do
pref. 89% 90%
West.Un.Tel.f 1145% H7%
+

112

37%
40%

241

03%

113% 111% 112% 112% 113
20
25% 25% 25% 20%
46% 45% 40
45% 40%
122% 122% 122% 122% 122%
79% 78
78% 77
77%
147
145% 145% 145% 145%
123% 122% 122% 123 123
48% 47% 47% 47% 48
88%
87% 87%
37% 30
30% 8034 36%
45% 42% 43% 43% 43%
73
73% 72
72% 78%
31% 30% 80% 30% 30%
43
44%
43% 43% 43%

43%
30%
43%

03
40
127
05
40

03
*95
56

04
40

03% 03%

129

00%

40
03
90

63%

03%

0i%

63% 65%

64% 05%

57%

50%
118% 121
118%
47
48% 46%
89% 91% 89%
115% 117% 115%

64% 05%
*41% ....
*02% 03

05

05%

the prices bid and asked: no sale

was

95%

120%
47%
90%
116%

43%

64%
42

03” 03”

90
96
95%
50% 56% 50%
119% 118% 120% 119%
47% 40% 47% 47
90% 89
90% 89%
110% 115% 110% 115%

04%

43

125” 127” 127% 127% 127% 128”

Earnings.—The latest railroad earnings and the

totals from Jan. 1 to latesu dates

05”
42

95% 95%
56% 50%
118% 120
47
47%
89% 90%
115% 110

made at the Board.

are

given below.

The state,

ment includes the gross earnings of all railroads from which
returns can be obtained.
The columns under the heading
“

Jan. 1 to latest date” furnish the gross

earnings from Jan. 1
to, and including, the period mentioned in the second column:
,—Latest earnings reported—,
Week or Mo.
1881.
1890.

Ala.Gt.Southern.February..
Atl. Miss. & Ohio.,January...
Bost.& N.Y.Air-L.February..
Bur,C.Rap,&No..4th wkMar

$63,291
164,917
3 9,817
67,292

/-

28,735

25,239
312,506
1,361,725
48.110
41,885
12,246
172,541

Chic. Mil. & St. P.4th wk Mar 424,000
Chic. <fc Northw..March.
1,162,362
60,726
)hjp.8t.P.Min& 0.4th wk Mar
8c. Paul & Si City.4th wkMar
23,912
Chic. & W. Mich..3d wk Jan.
15,226
Cin. Ind.St. L.& C.February..
160,981
Cin. Sand. &Clev.3d wk Jan.
11,215
Cin. <fe Springf. ..4th wkMar
25,980
Clev. Col. Cin. <fe 1.4th wk Mar 114,127
Clev. Mt.Y. &Del.4th wk Mar
12,300
Denver & Rio Gr 4th wk Mar 138,464
DesM.&Ft.Dodge.lst wk Mar
3,889
32,108
Dubuque& S.City. 4th wk Mar
East Tenn. V.& G .4th wk Mar
41,105
Flint & Pere Mar .4th wk Mar
56,697
Gal.Har.& San A.3dwk Mar.
23,589
Grand Trunk. Wk.end. Apr. 2 228,424
Gr’t Westem.Wk.end.Apr. 1 118,774
Hannibal& St. Jo. 4th wk Mar
63,701
Houst. & Texas C.4th wk Mar
86,704
IllinoisCen. (Ill.).March
437,171
Do
99,224
(Iowa). March
Indiana Bl. & W.. 3d wk Mar.
26,569
Ind. Dec. & Sp... March i
31,770
Int.& Gt. North..4thwkMar
69.117
Iowa Central
66,169
January...
K.C.Ft.S.&Gulf.2dwk Jan.
27,063
Lake Erie & West.4th wk Mar
26,703
Little Rk. & Ft. S. January...
55,800
Louisv. & Nashv.4thwkMar 308,300
-

-

-

--

Memp. & Chari...4th wk Mar
Memp. Pad. & No.3d wk Mar.

29,540
4,651

244.009
279.718

2,591,000
3,366,234

2,403,722
3,648,040

412,087
239,402

331.583
295,105

44,091
332,447

36,603
328,238

36,398

31,519

25,947
121,975

224,750
915,839

208,500

949,166
11,982
105,011
97,638
61,972 1,023,650
421,345
45,329
5,588
45,032
21,375
194,204
251,265
33,678
344,861
318,440
51,583
414,851
375,029
23,410
203,493 2,601,162 2,490,432
102,110 1,275,784 1,190,294
452,737
70,391
559,106
66,047 1,010,550
829,577
460,074 1,336,205 1,414,792
152,934
406,655
293,513
251.257
37,834
254,683
30.412

105,651

34,500

614,566
66,169
52,918
288.589
55,800

415,352

2,562,150
337,536

1,862,083

18.403

31,766
49,800
192,000
20,211
3,935
10,684
42,888
168,301

February..3,095,614 2,944,576

Peoria Dec. & Ev.March
39,643
29,695
Philadel. & Erie..February.. 225,501
245,372
Phila.& Reading.FeDruary.. 1,336,428 1,085.162
Sc.L.Alt.&T.H. ..4tliwkMar
58,062
43,337
Do
(brehs). 4th wkMar
20,680
15,731
St.L. Iron Mt.&S. March
692,000 451,560
St. L. & San Fran.March
262,050 [197,470
St.Paul & Duluth. January-.39,915
38,191
8t.P.Minn.&Man.4th wkMar 135,063
127,528
Scioto Valley
4thwkMar
9,687
9,896
South Carolina...26dys Mar 103,090
71,322
Texas & Pa citic
February
Union Pacific
March
1,657,570 1,735,509

283,572

339,040

32,727
182,413
49,800

318,492
47,894

51,273
O0.403

42,888
622,511
396.788
2,548,599
314,139
412,365
665,354

665,751
369,009
2,869,202
363,363
421,908
768,813
335,158
48,170
113,253
6,284,829
118,785

52,949
82,671
6,028,127
69,123

4^9,804

469,679

351,711
192.174

319,428

1,823.748

1,497,738

652,719

592,809
38,191
579,681

,

278,007

166,442

39,915
734,631
73,445
339,045
514,423

..

Wab.St.L.&Pac.4thwkMar

1,647,541

365,928
331,747

10,741

Mil.L. Sh.& West.4tli wkMar
17,199
Minr.& St.Louis.January...
50,403
March
Mobile & Ohio
226,398
191.154
Nashv. Ch.&St.L. February..
190,866
N. Y. L. Erie & W. February.. 1,425,765 1,252,218
N.Y.& N. Engl’d.February..
173,614
149,907
N. Y. Pa. & Ohio..January...
421,908
412,365
Northern Central. February.. 382,657
330,860
Northern Pacific .March
143,835
119,358
22,747
Ogd. & L. Champ. February..
23,268
Pad.&Elizabetht.3dwk Mar.
9,324
7,742

Pennsylvania

440,811
95,049

Cliic.&G.Trk.Wk.end.Apr. 2
-

156,870
41,248
537,813
70,337
3.644,539

4,645,907
1,472,176

22,893

-

$106,628

164,917
40,255

1,373,438
147,911
145,069
34.753

‘

$120,282

7,948

Chic. & East. III. .4th wk Mar

“

-Jan. 1 to latest dale.1881.
1880.

$51,227
156,870
19,66L
62,205

Cairo & St. Louis.3dwk Mar.
10,117
Central Pacific...March
1,643,000

Chicago & Alton .4th wkMar

Thursday, Friday.
April 7.
April 8.

~5A%~57~

58

78

389

2,750,130

70,287

309,546
457,423

3,051,014

w„ere also made ex-privilege as follows: Saturday, ?74f@81; Mon¬

Exchange.—Foreign exchange has been firmer, but at the ad¬
business is not active. Gold continues to arrive quite
Total sales of leading stocks for the week
ending
Thursday,
and the range in prices for the
year 1880 and from Jan. 1, 1881, freely. To-day the actual rates for prime bankers’ sterling bills
to date, were as follows:
were about 4 81% for 60 days and 4 83% for demand; cable trans¬
fers, 4 84; prime commercial bills, 4 79/£@4 79%.
Range for
Sales of
Range since Jan. 1 1881. year
1880.
Quotations for foreign exchange are as follows:
Week,
day

79^1r9% ’ Tuesda5r’

Wednesday, 60@80%; Thursday, 80%; Fri-

Shares.

Canada Southern....
14,067
Central of N. J
91,115
Chicago & Alton
123
Chic. Burl. & Quincy
3,530
Chic. Mil. & St. P
158,360
Do
do pref.
3,571
Chic. & Northw
67,877

Do
do pref.
Chic. Rock I. & Pac...
Chic. St. P. M. & O..

Do

,

pref.

900

11,055
3,100
12,075
5,125
18,200

Col. Chic.& Ind.Cent.
Del. & Hudson Canal
Del. Lack. & Western 135,412
Hannibal & St. Jo...
23,812
„„.Do
do pref.
5,997

Illinois Central......
12,926
Lake Erie & Western
1,000
Lake Shore
130,875
Ixniisville & Nashv.".*
18,192
Manhattan
11,650
Michigan Central! 11 ] 22,895
Missouri Kan. & Tex
21,162
N.Y. Cent. &Hud.Riv
13,518
N.Y. Lake E. & West.
63,180
??
do pref.
3,295
xt
Northern Pacific
22,040
Do
pref.
26,661
Ohio & Mississippi..
5,500
Pacific Mail.........
57,245
Phila. & Reading
15,400
et.L.Iron Mt.&8outh.
43,821
Bt. L.& San
Francisco
300
Do
200
pref.
...

....

....

rr

.

Oo

1st pref.

Union Pacific........
Wab. St. L. & Pacific
Do
do pref.
western Union Tel..




Lowest.

Highest.

66

Feb. 25
82% Jan. 4
134
Feb. 25
160
Feb. 26
101 % Feb. 25
117
Feb. 25
117
Feb. 25
13116 Feb. 26
129
Feb. 26
4014 Mar. 25
91
Feb. 25
4
19% Jan.
89% Jan. 4
Jan.
107
4
44% Jan. 4
94
Feb. 26
124
Jan.
4
38is Jan. 4
118
Feb. 25
79
Feb. 25
32% Jan. 18
108
Feb. 25
3938 Feb. 25
140
Feb. 25

43%
82i8
32%
64i8
36%
45%
50

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

Low.

High.

Jan. 14 40
Feb. 17 45
Jan.
5
99%
7 133
182% Jan.
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
27% Jan.
9%
115% Mar. 7 60
131
Mar.
9 68%
60% Feb. 24 22%
110
Jan. 10 63%

81%
90%
159%
183%
114%
124%

90
112
156

o
138% Apl.
8
59% Feb.
135% Jan. 20

95

Mar.

46% Feb.
126% Jan.
50% Feb.
155

Jan.

25

52% Jan.

25
13
25
4

95
51

4

Jan.
Mar.

Apl.
Jan.
Jan.
Jan.

Feb.
Feb.
Jan.

Jan.

146%
204

25%
92%
110%
50%

4
11
11
28
14
17
17
29

Documentary commercial
Paris (francs)
Amsterdam (guilders)
Frankfort (reichmarks)
Bremen (reichmarks)

39%
23

27%
13%
34%
25%
33
60
80

62

72%
66

48
65

100
113%
26% 48
51% 88%

77% 116%

5 28%@5 26%
39% a> 39%

93%®

94

93%®

94

4 83%®4 84%
'3)4 82%
4 «2
4 81%®4 82
5 25%@5 23%

39%®
94%®
94 %®

40

94%
94%

following table shows the receipts
payments at the Sub-Treasury in this city, as well as the
balances in the same, for each day of the past week: and

Balances.

Payments.

Receipts.

139%

67%
44%

4 81%®4 82
4 80
80%
4 79 %® 4 80

U. S. Sub-Treasury.—The

99% 127%
20% 42%
95
77
21
75

bills on London.

Prime bankers’ sterling
Prime commercial

Demand.

Sixty Days.

April 8.

105

5
174
14
57%
20
130%
17 28% 49%
3 122
155%
15 30
51%
10 47
93%
7
20
36

77% Feb. 18
46% Mar. 5
62% Feb. 18
73% Feb. 19

Feb. 25
5218 Jan. 4 66%
Mar. 24 51
39
61
Jan.
4 71
150
90
Feb. 25 102
92,275 105% Feb. 25 124%
39
Feb. 25 51%
20,711
77
Feb. 25 94
40,019
46,473
80% Jan. 3 120%

130

vance

“

“
“
“
“

2...
4...
5...
6...
7...
8...

Total

80
91

$
86,919,260
85,448,273
84,683,340
83,561,479
81,920,757

07

80,430,238 55

$

$
April

1,582,562
1,313,736
679,460
959,513
922,496
930,850

46
17
04
58
60

65

2,663,358
2,972,775
1,408,213
2,040,809
2,523,724
2,339,933

Currency.

Coin.

18
85
11

88
43
80
28
89

6,388.619 50 13,948,814 92

Coins.—The following are

$
3,585,743 96
3,397,691 73

3,433,871 29
3,474,430 29
3,513,923 37

3,595,260 29
....

quotations in gold for various coins:
99 %®

Napoleons.
3 82
XX Reichmarks. 4 72
X Guilders
3 92

® 3 86
® 4 76
® 3 98

Silver %s and %s.
Five francs
Mexican dollars..
Do uncoramere’l.

Span’ll Doubloons.15 55

® 15 75

English silver.... 4 72

$4 82

Sovereigns

Mex. Doubloons.. 15
Fine silver bars
1
Fine gold bars—
Dimes & % dimes. —
..

@$4 86

45 ®15 60
12 ® 1 13
par ® % prem.

99 %®

....

...

par

Prus. silv. thalers.
U. S. trade dollars

U. 8. silver dollars

—
—
—

—

92 ®
88%@
87%@

par.
—
—
—

94
89%
88%

—

® 4 80
68 ® — 69
99%® — 99%

—

99% ® par.

—

Quotations

Banks.—The following statement shows the
conation of the Associated Banks of New York City for the
week ending at the commencement of business on April 2,
New York City

‘

1881:

,

Average amount

Capitol.

Banka.

Loans and
discounts.
S

%

2;o5o;ooo
2;ooo;ooo

Merchants
Mechanics’

2,000;000
1,200,000

Unton
America

s;ooo;ooo

Phoenix

i,’ooo;ooo

City

1,000,000
1,000,000
000,000
300,000
1,000,000
1,000,000

Tradesmen’s
Pulton
Chemical
Merch’nts’ Exch.
Gallatin Nation’]

300,000
800,000
5,000,000
5,000,000

1,000,000
1,000,000

Broadway

Mercantile

422,700

Pacific

1,500,000

Republic

450,000
412,500
700,000

Chatham

People’s
North America..

1,000,000

Hanover

500,000

Irving

Metropolitan

3,000.000

....

600,000

Citizens’

1,000,000

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..

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

1,000.000

141,000
13.900

886.000

3.400,100
13.662,000
15,017.700
5.249.400
4,143.800
2.378,500
5.219.906
2.990.00G
1.474,000
2.440.10C
6.798.000

3.022.0/ju
13.400.000
2.021.100
2.409.7(X‘
2.018.700
1.771.600
3.390.000
3.781.50C
6.196.40C
1,806.100

2.913.000
19.407,400
16.007.000
996.100
898.000
1.009.000
17.572.000
8.648.000
2.833.COO
5.260.000

8,200,000
2,000,000
300,000

750,000
500,000
1,000,000
300,000

12.981.00o
5.6 97.100
1.374,400

1.649,600

250,000
200,000
750,000
300,000
100,000
200,000

N. York County..
Germ’n A meric’n

Chase National..
Fifth Avenue....
..

516.100

323,600

2,798.700

240,000
250,000

238.800

1.685.400
924.200

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

Bowery National

German Exch.
Germania

4,393.900

300.000
400,000

130,200
256.300

396,700

3.342.500

227,700

86.000
63.390
111,000

2.471.200
1.538.900

788.900

K. Cltv Lawrence A So.
Kau. City. St. Jo.&C.

243,800

1,008.000

194,200

967.902
2.116.700
817.900

174,000
2,700
473,000
37,000

424,700

l,327.9oo
2,40’Ltt;‘0
4

263.400

200,000

94,100

512,800
139.3(H)
039,700
2,505.000
3,398,700

70,806
83,000
500,UOU
370,000
204,900
52,800
100.400
153,000
80.100
75,500
260,090
491,100
185,100
153,000

734.800
923.700

316,500
532,400
628.200

329,500
185,000

1,097,400
452.300
2.551,000
300,5-00
278.100
443.500
237.800

565. 00

1.094,600

3.719.00C
1,334,700
153.400
32.000
20.800
273.0:0
841.5(H)

1,184,300

e3,500

1.100

267,000

1.164,500
900.000

229.300

1,1 ib,oof
45,00t
5,400

2.302.400

f 00

boo

6.204.400
2.793.300
10.619.000
2.042.500
2.368.100

1,078,000

2.248.200
1.289.30C

180.100
450,000

427.500
270.000

3,900

3.557,000
450,000
4,64)0
2.380.700
47.U00
6,423,000
780.300
207.600
1.612.000
240.5(H)
45,b66
2.273.01/0
90.000
303.400 21.009.700 1,107,300
45,000
019,000 19.512.300
926.800
53.70>
902.000
108.00v
747,300
85.700
224,600
564,000 17.171.300
SiO.OaO
8.351.000 1,287.000
823.000
3.286.000
272,000
45,000
318.90))
5.684.300
180/ 00
157.300 14.558.000
450,000
5.938.500
190.300
80,200
1.008,800
276.066
342,1.0'
1.341,000
225.000
379.60<
1.457.900
180,000
2,096.800
43.90)
4.525.800
49,09!
91,800
1.814.600
09,10
142.200
1,314,000

259.000
1,414,3 00
40,700
629.000
5.297.200
4,359,400
172.9(H)
36.300
98.700
3.884.700
1,238,0 10

1,188,800

400

360,000

3.307.604]
10.083.000
10,033.000
3.831.500
3.976.100
2.211.500
2.905.600
3.095.000
1.563.000

241.100
79.800
70.200
93.500
317.000

577,000

39*2,500
24,000

1,T26,0OC

198.000
56.800

2.842,701)
410,706

1.277.900

137,5,6

60.875,200 300,283,1)' 57,011 000 12.710,5)0

The deviations from returns of previous week are as
Dec.
Dec.
Dec.

Loans and discounts

Specie
Legal tenders

Inc.

1881.
Oct. 30 ...317,880,200
Nov. 6. ...324,370.200
“
13 ...324,970,000
“

20 ...315,334,000
“
27 ...313,524,900
Dec.
4 ...305,701,100
11
.293,959,200
..

...293,372.600
...292.417,900
..

L. Tenders.
$

Deposits.

00,372,100

13,016.700

302.532.100

66.691.700
64,955.400

11.989.600
12.474.900
12.078,900
12,098,200
12,1-30,700
12.579.900
13.318.400
13.8 M.,900

12.796.600

272.466.900

Specie.

.297,756,700

63,830,000
60.177.900
54.534.600

53,933.200
55.677,800

57,086,000
58,047,900

-

:

$91,100
83,000

Clearinar

City

following
Loans.
*

follows

Dec.

1333.900 I Net deposits....
57,900 I Circulation
224,000 i

are the totals of the New York
House Banks’ returns for a series of weeks past:

The

.

307.796.700

735.301,621
8(50,393,048

307.705.200

18.708.700

890,540.451

295.871.400
289.527.100
276.132.700
266.385.200
267.629.900
26?,0GS,0;-0

18.730.400 808,070,513
18,666.200 1072.680,747
18.471.400 1155.094,082
18.485.200 910.101.842
18.474.400 974,074.998
18.431.400 804,522,749
18.408.200 817,931,113

1881.
Jan. 8. ...804,080,200 61.948,000
”
15. ...802,864,300 65,462,500
“
22. ...807,839,600 66.484, LOO
“
29. ...310,682,200 66.264.100
Feb. 5. ...316,092.900 67.603.700
12 ...317,139,100 67.800.600
**
19.
.820.807.300 65.349.600
“
26. ...316.584.400 58.074,200
Mar. 5. ...298,185.400 54.894.100
“
12.
.296.252.i>00 55,808,000

13.817.400 285.737.700 18.420.200 1179,878,980
15,636,100 292,376,800 18,425,000 1179,899,303
16.895.600 298.931.900 13.345.500 1224,4)48, ls2
17.237.900 803.512.300 18.330.700 955,459,473
15.9 7,500 3 *7,097,200 18.363.300 1042.395.915
15,5-16,000 307.924.300 18.352.300 947,812,074
14.887.200 307.718.100 18,25'*,500 1105,402,825
15.048,000 296.517.300 10.181,000 1143.978.545
13.289.200 274,442.600 15.448.500 1241.050.579
12.466.600 271,0(W,8OO 15.460.100 102O.907.9r-5
“
19. ...300,177,300 59,5523 00 12.241.200 277,931,000 15.771.100 812,503.681
“
26. ...300,622,000 57.668.900 12.934.500 275.586.500 10.630.500 774,084.705
April 2
.300,288,100 57.611,000 12.710.500 275.495.400 10.713.500 950,440,299
“

..

..

..

Loans.
.

17!

“

“

24.
31.

**

Feb.
“

“

7.
14..
21.
28.

“

Mar.
“
M

7.
14.
21.

28.,

Apr.
*

Specie.
4

$

1881.
Jan.

4

.

147.744.500

6,750,930

148,2 "*3,200
150.394.400
150.034,800
152,018,200
151.919.800
152.104.500
152.499.800
150.723.800
149.351.400
146,629,900
145,529,000
146,111,003
147,551,200

7.150.500
7,507,000
7.469.500
7.741.400
7.848.100
7,776,000
7,267,700
6,907,900
0.171,000
5.535.400
5.760.100
5,842,330
5,840,203

the totals of the Boston
Circulation. Agg. Clear

L. Ten iers.
4

Deposits*

3.812.000
3.709.300
3.74-3,300
3.753.400
3.809,000
3.390,800

93,217,000
93,014,800
9.3,903,800
97.430,300

30,715.300

81.409.543

30,604,000
30.623.800
30.088.000

85.203.919

97.502.100

30.727.500

97,418,700

2,835,100

97.127.100

2.549.400
2.490.300
2.407.400

97.219.100
93.092,400

30.583.700
31.197.200
30.785.700

78,570,830
80,193,675
77,501,141
85,747.52 ■<
71,980.430
83,849,374

$

2.470.703

2.532.300
2.793.703
2,670,000

30.210.200

85.006,900
85.403.100

29.813.900
29,8 <1,900
29.875.900
29.975.500

85,828,900

30.135.800

87,803,400
83,772,530

4

84,491,917
89,188.828

70.117.775
09.034.123

08.840.822

09,096,257

Philadelphia Banks.—The totals of the Philadelphia banks
are as

follows:

1881.
J&n. 3
**
"
••

Fet).
**

•

10
17..
24..

31....;
7
14..
21

V
28...
Mar. 7
**
1**....
M
**

Apr.

21
28

4




L. Tenders.
4

Deposits.

Circulation.

4

4

72,302,901
72,429.057

18.764.84S
19.307,800
20,342,942
20,375,040
20.345.753
20,346.524

64.100,308
04.344,188
65,566,215
05,340,431
05,273,525
05,868.364
67,436,318
67,384,557
65,6 12.869

12.122.597
12.187,128
12,193,53?

72,722,820
72,500.097
73.167.S79
74.409.273

74,937,164
75.355.219
73,791,948
71,001,651
70,663,787
70,563.874

20,631.467
20,499.987
18,183,122
16,075.724

70.176.205

17.530.152

61.749,924
61.752,081
01.900,170
01.173,413

70,200,005

17,573,378

02.450,355

17.179.494

17.638.697

Agg. Clear.

10,000,700

4
40.431.284
67 222,443
50,723,704
51.932.921
40.093.832
52,415.259
47,581,823
51.V59.010
51.724.8*6
59.60-1.479
48.030.201
47.595 115
45.239,306

10,105,592

53,340,456

12.106.558

12.122,237
12.136.113
12,159.740
12,*.99,714
10,334 030
9,670,770
9.951.033
9.996.283

2(1 mort. 6s,19l)0”;;

„

.

Lehigh Valley, lst,68,cp.. 1896
do reg., 1893...
do
59*

w

43... 104-X
!19
.
114

130

do 2d m. 7s, reg.,

...

•

•

•

•

.

.

•

do
do

Uv*

con. in.,

118

100
121
120
121

"

Old Colony, 7s
Old Colony, 63
Pueblo A Ark.

Valley, 7s...., i 10

Rutland 68,1st mort
VermontMass. KR..6s
Vermont A Canada, new
’

99*

137^
.x

....

100*
149-94 150

x

Sandusky A dev

Concord
Connecticut River
Conn. & Passumpsic

191*6

138

107

....

100
57
81

m.6a.coup..’a!
a
Er,e
2d
7s,cp.,’38
Phlla. Newt’u &in.
N.Y..
1st m
Phil.* R. 1st in. 68,ex. due 19 6

....

29%

100

....

160

....

Champlain

egdensb. A L.
Old Colony
Portland Saco

Palace Car
Rutland, preferred
Tol. Del. & Bur
severe Beach A Lyan
Ve -muni A MassacausettL.
W -reenter A Nashua
Wlscon in Central

15* 15*
119
130

•

.

r

.

•

•

•

m.,5s,’2i

^yra.Gen.*
Corn’a ,1st, 76,191)5
iexas A Pac. 1st m ,6a. g.. 1905

28

o Grande D v..
103
cons. m.,6s,g.,i905

do
do

R

Q2

Inc-& !• gr-. 78 1915

....

5s, re,?., 1682-1332
5s, new, reg., 189^1902
68,10-15, reg., IV77-’82.

117*

6s, 15-25, reg., l882-’92.
6a, In. Plane, reg., 1879
Philadelphia,5s reg...

ibb

....

6s.old,reg......
do
do 6s,nM rg.,prior to’9fdo 6s,n.,rg.,lS95 A over
do 4s, various

W. Jersey & At .l-.tin Ss, cp.
Western Penn. RR. 6s,cp.’a <.
do
6s P. B.,’96.
CANAL BONDS.

....

128

Chesap. & Dela. 1st 6s, rg.,’8ii
Delaware Division 6s, cp.,’78 Urt

Lehigh Naviga. m.,6s,

21*
27

pref.

reg.,*8-;

i:5
mort. RR., rg .’97 110
do m. co iV. g., iv-g./9i 114
do mort. gold,’97.... 118
do cons. in.7s, rg , 191! 100
Morris, boat loan, reg., 1885.

do

STOCKS.f
Buffalo Pitt3. & Wcitern
RAILROAD

Atlantic

21%
30

20*

Catawissa

27* 29* Pennsylvania 6s, coup., :91U
20*
Schuylk. Nav.lBt m.Hs.rg.,’97.
52
2d m. 6s, rug., 1307
do
51
do 6s, boai*car,rg.,l3i3
51*

Elmira*

35
54

do

ao

pref

do
pref
do
new pref
Delaware A Bound Brook....
East Pennsylvania

-_

Williamsport

do
pref..
Mt. Joy <fc Lancaster.

do
Har. P.

Huntingdon* Broad Top...
do
do pref.
Lehigh Valley
Little Schuylkill....
Minehlll

Nesquehouing Valley

BALTIinoiIE.

15%

ib* Maryland 6s, defense, J.A J..
16*
do

01

61*

53
58

58*

28*
82*

c2*

31

West Jersey

10J

59*
69*
2 •%<

et.Paul* DuiuthR.K. Com
do
do
pref. ”71*
131
United N. J. Companies

consol, pref....

74"

’

....

33*

CANAL STOCKS.

do

_

46%

43*

‘ *.

*

is

prof...

’

'13*!

126
Allegheny Vai.. 7 8-10s, 1896...
121
do
7s. E. ext., 1910
do
Inc. 7s, end., ’94
Belvldere Dela. 1st m.,6s,1902. iib
do
2d m. 6s. ’85.. 105
do
3dm. 6s,V7.. 103
100
Camden *Amboy 6s,coup,’88
do
6s. coup., ’89
do
mort. 6s. ’89
115* iib*
12*35.
Cam. * Atl. 1st m. 7s. g., 1^93 120
104
106
do
2d m. cor. 7s, ir7u..
113
Cam. & Burlington Co. 6s,’97.
Catawissa 1st, is, conv., *82...
do
chat. m.. 10s, ’88
....

*

*

...

.

...

...

.

*

in

default.

do
do
Baltimore 6s, 1S8I, quarterly
do
6e, ;886, J.& J

t Per share.

107* 109
1(0
110

105
107
108

6s, 189:>, quarterly., 11744
117
6s, park, lb90,o.—M.
118
6s, 1893, M. AS

do
do
do

6s,exempt,’93,M.&S

do
do
do
do

0s, 1900, Q -J
68,1902, J. &J
5s, 19.6, new
Norfolk water, 8s
RAILROAD STOCKS.

120

120
125
123
120

Par.

205*

Balt.* Ohio....
... ....100
co
1st pnf ......
do
2d pref
do
Wash. Branch.100

Parkersb’g Br..50

Northern Central..

...

Susquehanna

1S87
6s, 189U, quarterly..
5s, quarterly
6s, exe/npt,

do

Chesapeake * Delaware
Delaware Division
Lehigh Navigation
Morns
do
pref

do 7s, boat*car..rg.,19i5

3usquehanna 6s, coup.. :9i8

09 ^

Pennsylvania
Philadelphia* Erie
Pnlladelphia & Read ng
Philadelphia* TrentoD......
Phda.Wllming. A Baltimore.

101

...

108X

Norristown
North Pennsylvania

West Chester

87

*102

’96....;

STATE AND CITY BONDS.
Penna. 5s, g’d, int.,reg. or cp.
do
5s, cur..reg

Camden A

100
98

.
Tltusv. 1st ra. 7s, ’9C'.
Union*
United N. ,J. cons. m. 6s.’94
ii*5
Warren & F. 1stm.7s,
125
West Chester cons. 7b, *9i
i bej
West Jersey 6s, deb,,coup.,N& 118
do
1st m. 6s, cp., ’96.
118*
do
1st m. 7s, ’99
con«.
6s, 1909 ... ioa
do

PHILADELPHIA.

do

1C6

18

2dm.63.1938..
’97..

o

rr

do
do
do
do

W.,lst

104

^
Sunbury & Erie
1st m. 7s,

62*
27 %

do

Sunb. Haz. &

30

28

pief.....

uo

19-Mi 112

do 7s. reg., 5
Danv.cons.int.6a,19
Pottav.7s, 1901
Steubenv. & Ind. 1st, 6s, 1884
144* Stony Creek 1st in. 7a 1967..
D.

R*ch.&

Shamokin V.a

126

125

& Portsmouth ill

Pullman

.

49*

..

00

Phll.*R.Coal*lr’n dcb.7s.92*
58*
do
deb. 7s. ops.oil
do mort., 7s. 1892-3.
Phlla. Wllm. & Balt. 6s, ’84....
Pltts.Cln.&St. L. 7s, cou., 1906 122*

161

49

pref.

do

7s, R. C.t 18937s, coup, off, ’93

conv.

do

58

Hampshire

Norwich A Worcester

ao

76*
.

82

1-93*...;

"35%
.

cons.m.6<,g.Lic;i9il i’13

do lmp.m.,6-,g., c. 1897
do gen. m. 6 g., C.1'01
do )n. m.,7s,coup.,'695
do d ;b. couo ,
ro
do c .up. off, ifc9J.
do icrip, I88i

75*

75
Little Rock A Fort Smith ...
Manchester A Lawrence....
35*
Mar. Hough. A 0..t
76
Mar. Hoagh. & Oat., pref...
145
Nahaua* Lowell.
57
New xork A New England...
103

117

cons.

co

....

Iowa Falls & Sioux Ciiy
K.C. Law. A Southern.Ex.R

in*

2d m.. 78, op..os. 120
m..78,cp., 191 1-23^
1215<
do
ieg.,191:

do
do
do

Eastern (Mass.)
Eastern (New Hampshire)...
141
x 143*
Fitchburg
28*
Flint & Pere Marq
89
do
pref
130
125
Fort Scott A Gulf, pref
91fc
do
common.
01

100

1510

do

do

8i
38

.

110
107

51

( O

O

Penn. Co, 68. reg
Perklomen 1st

...»

29*

12S

Pa.&N.Y.C. & RR. 76/893 ..‘.i
1900
do
125
Penneylv.,gen. m. 6s, cp..
124
do
gen. m. 6s, rg., 1910.
cons.ra. 6s rg., 1905. UO*
do
!‘20
do
cons. m. 6s. cp., 1905.

8s..

STOCKS.

Northorn of New

05

...

Atchison & Topeka
Boston & Altaiy
Boston A Lowell
Boston & Maine.
Boston A Providence
Cheshire preferred.
Chi ’. A W. Michigan
Cin.

do new loan te, reg ..
Oil Creek 1st in. 7s, coup.,’8».
Plttsb. Tltusv. & B., 7s, cp ’96
do
Scrip

118

RAILROAD BONDS.

Loans.
4

05

do
3dm. cons. 7s,^95*.
Ithaca* Athens 1st g d, 7s.,’90
Junction 1st mort. 6s, *82.

104

11191

Pennsylvania
Schuylkill Navigation

Including the item “ due to other banks.”

m.,7s,’80.

5s, perp

1910..
6s,rg.,1923
B. la.
do
6s,/p.,19.8
Little ll’k A Ft. Smith,7s,1st
Little Schuylkill, 1st m.7s,’s2
106* 100*
New York & New Eng. 63
418* North. Penn. 1st m. 6i, cp./85.
do
7s ...
do
2d m. 's,cp., -ye.
116*
New Mexico & So. Pac. 7s... 115* 90
do gen. m. 7s, cp., 1903.
94
>g(lenBburg A Lake Cli.6i...
do gen. rn.7s.reg., 190f

Agj. Clear
$

.

Harrisburg 1st mor*. 6s, *83..‘
H. * B. T. 1st m. 7s, go/d, ’90.
do
1st m. 7s, fd. g.’69
do
2d m. 7s, gold,’95.
2d m. f i.Bcrip g.,7s
do

IC5*

1897.

do

Circulation
*

13.646.500
18,091.800

Boston Banks, —The following are
banks for a series of weeks past:

do

Fitchburg KR., 6s
do
7s
Fort Scott A Gulf 7s
Hartford A Erie 7s

3.164.300

097.000

212,000
00,000
335,300
100.000

S1.& W’msport, 1st

Boston & Lowell 7s

do
6s
Boston * Providence 7s
Burl. & Mo., land grant 7s
do
JSiebr. 6s
Ex
do
Nebr. 6s
Conn. & Passumpsic, 7s,
Sastorn, Mass.,4^8, new. ...

120

Bou?d Br., 1st,7s,7s,’881905

d

East Penn. 1st mort.

126*1127

782,700

644,900
1,240,000

3,018.700

tion.

Catawissa, new 7s 1900
Connecting 6s, 1900-1904
Chanters Val., lstm.7s.C.,t90:
Delaware mort.. 69. various..

120*

119

do
do
Boston & Maine 7s
Boston cl Albany 7s
do
6s

495,000

7.012.900
7.127.000
4.603.100
8.953.900
3,676,000
8,388.700

1.210,100

Circula¬

7,239.000
4.733.100
5.631.500
5,776,000
3,7.-16,000
6.163.700
3,425,000
9,091.816
1.986.100
1.191.800
11.872.100

285.100
709.50C

928.200

BOSTON.

Bid. Ask.

SRCTTRITIKB.

Bid. Ask.

SBOUBITIXt.

m.7a
land grant7s
land Inc. Ss..

f

317,000

3,- 91,000

0oo;ooo

f

f

0.8.000

1,086.500
12,486,806

200,000
200,000

Tenders.

1.577.000

800;000

Rutchers’&Drov.
Mechanics’ & Tr.
Greenwich
Leather Man’f’rs
Seventh Ward...
State of N. York.
American Exch..
Commerce

Specie.

0.640.900

8.372,000

2,000,000

New York
Manhattan Co...

Legal

Boston, Philadelphia and Baltimore.

m

Itch. & Tcpeka 1st

of

Net dept's
other
than U. S.

(Tol. XXXII,

CHRONICLE.

THE

390

50

5**
Central Ohio
sol
Plttsourg * Connellsvlllo..50
Western

Maryland

Railroad bonds.
Balt. A Ohio 6s, 1885,A.&O....
W. Va 3d m..guar.,’85,J&J
Plttsb.* ConneirBv.'is/SS^TtJ
Northern Central 6s, ’85, J&J
do
6s. 1900, A.ifcO.

do 6s, gld, 1900, J.&J.

107

108

110
123
108
115
115

110
117
117

125*

114*

Len. Ohio 6s, 1st m./90,M.& S. 113*
118
W. Md. 63,1st m., gr.’90,J.&J.
i’is
do
1st m., *890, J. & J.... 113
118
do
2d m., guar., J.&J
...|U’8* 109*
do
2d m.,pref.
114
do 2d m.,gr.by
120
do 6s,8din.,
121* 122
Mar. & Cin. 7s, *92, F. * A,
91* 91*
do
2d, M. & N
45* 47
do
5s,3d,J.AJ
119
Union KR. 1st, guar., J. A
120
HO
r|.-»
Pun’i'n
„

W.Co.J&J
guar.,J.&J.
J..

391

THE CHRONICLE.

1881.]

9,

QUOTATIONS OF STOCKS AND BONDS IN NEW YORK.
.

goads and

^

active Railroad Stocks are quoted on a previous page.
STATE

Alabama—Class A, 2 to
Class A, 2 to 5, small
Class B,5s...c.
Class C. 2 to 5

5 ...

72

71
72
94

•

7«’ Arkansas Central Ktt.
Connecticut—6s
Georgia—os

7s, new.....
7s, endorsed.

•

•

....

82*

S:LeHf>.BLANCO.RU:
£ mi£.o.

•

...

2*5*

4~

15*

16*

17
15
14

10*

14*

17

....

104
no
312
112

....

....

113
....

117* 118*

Chic. Mil. A St.

Railroad Stocks.
(Active

previously quoted.)

Albany A

Susquehanna....

Atchison Top. & Santa Fe.
Boston A N. i
ft-; prei*
Buffalo Pitts- & West--;'v
do
pref
do
Burl. Cedar Rapids & No...
Cedar

Falls &

Minnesota...

Central Iowa.....
1st pref
do
2d pref...
do

istm., I. A D., 1899

§45*

C. A M., 1903
Con. sinking fund, 1905...
2d mortgage, 1884
1st m.,

142*

7*6"

75

§23

A Alton,pref
Cin. Ind. St. L. A Chic......
Cin. Sandusky A Cleveland §60*
§132
Clev. A Pittsburg, guar..,
Danbury

A Norwalk

70

Dubuque A 8ioux City.....
Flint A Pere Marq., pref.

P.—Cont’d.'

’

150

1st m.,

7s7i.A D.Ext.,1908

S.-west div., 1st 6s, 1909.
1st 5s, LaC. A Dav., 1919.
1st So. Minn. div. 6s, 1910.
Istm.. H. AD.. 7s. 1910...
Chic. A Pac. div., 6s,1910..
Min’l Pt. Div., 5s, 1910....
Chic. A Northwestern-

Sinking fund
77

Consol, bonds

Extension bonds

88*

1st mortgage

Frankfort A Kokomo

Coupon gold bonds

Harlem
Ind Bloom.

A Western....
Keokuk A Des Moines
do
do
nref.
Louisiana & Mo. River
Louisv. N Alb. A Chicago..
Manhattan Beach Co
Memphis A Charleston....
Milw. L. Shore AW., pref.

A.

Registered gold bonds....

§83*

Siniimg fund

§48*
44

C. C. C. A

Ind’s—1st, 7s, s. f.

Consol, mortgage
C. St.L.A N. O.- Ten. lien 7s
1st con. 7s
C. St. P. Minn.A 0’aCons.6s,
Ch.St.P.A Min.,1st 60918
N.Wisc.. 1st M., 6s., 1930..
St. P.A Sioux C.lst 63.1919

Chic.AE.lll.,lst S.F.C’y,1907
Del. Lack. A

W.—7s, conv..

Miscellaneous St’ks.

.

j*

do

pref

Sliver Cliff Mining
fctandara Cons. Gold Mining
Stormont Silver Mining....
Sutro Tunnel
$

Kail road Ronds.

class 2
class 3

1910

122

..

124

±122
122

123* 125

±101*j
.
....) !25
107*108
97* 100
107
117

108

118*
109* 109*
92

UO*
110

...

131

132*

109*

110
112

124*> 125
124* 125
107

109

132*

112*
113
104

112*

111*

109*
108
115
124

120

123*

134
117

118* 121

123* 121*
±107

116*

11*0*
±117

122*

122

±136

10796 108*
128

108*

6s, 1887
6s, real estate
6s, subscription
N. Y. C. AHud., lst m.,cp.
do
Istm., reg
Huds. R., 7s, 2d m., s.f.,’85
Canada South., lst, int. g.
Harlem, lst m., 7s, coup.,

129

; 120

127* 129

26*

10;
83

106
±
.

110

13iv*

r!31*

95'

101* 102

1st mort., Waco A N.,
2d C., Main line, 8s
2d Waco A N., Hs
Inc. and ind’y, 7s

7s.

123

ids'
106
±.... 107

nn*
10j

±..
107

110
105

103**

102
115

312*
120
HOW,

112*
109*
107
102

105*
100
100

102*

Equipm’t 7s, ’95

do

87
88

91
91

105

106

±106*
103*

ass.

±.... 106

110

....

,

....

S. A Tol., lst, 7s, *90,ex cp.

+ And accrued interest

♦ No price to-day;

these are latest quotations made this

85

85*

58%
96%

59*

97

98%

73*

75
75
80

73"

68*
58% 60

88

N.Y.LakeE.AW.Inc. 08.1977
N.Y.Pa.AO.,l8t inc. ac, 5-7s.
N.O.Mob. ATex.deb.se.,1930

45
42
±80

47

?65*

07

62*'
18%
95*
88

2d 0s. int accum’lative
Stg.IronA R’y,Ser’sB.lne.94
..

.

90**
62**

80”

±47
±42
±...

Tol.Delp.A Bur.,Inc.0U91O
do
Dayt.Div.,6s.1910
Tex. A St.L.,L'd G.,Inc. 1920

79%

S8
47
47
95

Miscellaneous List.

107%
Stock...
107% 108* N.J.South.—Int.guar.,0s.’99
♦lie*
N.Y.AGreenw.
L.—lsi,7-i, n.
103

^




106" no’*

(Brokers' Quotations.)
RAILROADS.
8
2
102* Boston Hartf, A E.—Stock
78
70
115* Chic.ACan.So.—lst m.,g.,7s
108
107
Chic.
E. 111.—S. F.c’y 1907
12i" Chic.AASouthwest.—7s,
+120
guar
lio*’
106
Flint A Pere M.—8s, l’d gr’t
29*
29
106*
Stock
90
Preferred stock
85
75
Galv. Hous. A H.—7s, gld,’71
85
80
Kansas A Nebraska—lst m.
45
40
109*
2d mort
107% Long Island—lst mortgage. 112* 115
90
68
do
2d mortgage.
89
87
N. J.—lst, new.
19
102" Midlandof
18
Income, “ A ”
18
12
“B”
do
40
88
190
44
15
87
50
20
100

do
2d
St. Joseph A Pacific—lst m.
2d mortgage.
). A Western
St. Jo.
W
stock
South Side (L. 1.)—lst mort

week.

101
48
IT
92
55

28*
106

Southern Securities.

85

1st
do
2d con...
do lstTr’tCo.ctfs.ass.
do 2d

!

110* 111*

m

•Prices nomim 1.

98

69*

Col.Chic.Alnd.C.,inc.7s,1890
Cent. Iowa coup, debt certs.
C.St.P.A M’s L. Gr.,In.0s,’9S
Cnlc.A East’n 111., lnc.,1907.
Ind’s Bl. A W’n-lnc., 1919..

...

no

do
suppl.
do lst
lll.Cent.—Dub.ASioux C.lst
±105
St.L.Va.AT.II., lst g.7s,*97 ±120
Dub. A Sioux C., 2d div...
Bur. Ced.lt.A North.-lst,5s 100
do
2d 7s, 1898
Cedar F. A Minn., 1st m..
114
Minn.A St. L., 1st, 7s, guar ±123
do
2d gtd.7s, ’98
119* 121
Ind. Bl’m A W.—1st, pref. 7s
Iowa City A West’n.lst 7s
87
89*
89*
Rome
Wat.
A
Og.—Con.
lst.
107
1st mort., 7s, 1900
118
C.Rap. la. Falls A N.lst 0s
81
79
St. L. A Iron Mount’n—lst m
2d mort., 1909
Central Iowa, 1st m.7s, 1899 112
113
104
104*
2d mortgage
Ind’s
Decatur
A
Sp’d 1st 7s 109*
Chesap.A O.—Pur. m’y fund
112%
Arkansas Br., lst mort...
85*
[nt.
AGt
North.
1st
6s,gld.
84*
8s, gold, series B, int. def.
110% 111%
112* 112*
Cairo A Fulton, 1st mort.
56* 56% Li. Shore—M.S. A N.I., s.f.,7s 111
68, currency, int. deferred
112
Cairo Ark. A T., lst mort. ±108
Cleve. A Tol., sink. fund..
1
Chicago A Alton—1st mort. 118
112
St. L. Alton A T. li.—lst m.
do
newbonds.
105
Income
no"
11*3*'
2d mortgage, pref
114
Cleve. P’ville A Ash., 7s
Sinking fund
±105
120
do
income
Buffalo A Erie, new bds...
Joliet A Chicago, 1st m...
104
Belleville A So. 111., lst m.
Buffalo A State Line, 7s..
Louis’a A Mo., 1st m., guar ±116
no* 11(1%
St. P. M. A Manit’a—lst, 7s.
Kal’zoo A W. Pigeon, 1st.
102-v
125
do
2d 7s, 1900.
120*
2d
mort..
6s,
1909
Det.Mon. A T., 1st, 7s.’1906
St. L. Jack. A Chic.. 1st m. 113*
106* 107*
122
120
Dakota Ex. 6s, 1910
Lake Shore Div. bonds...
do
1st guar.(564) 7s,’94 ±108
95
Tol. Del. A B. r’ds, main 6s.
127* 128
do
cons, coup., 1st
do
2d M. (360) 7s. 1898
±98
125* 126*
lst Dayton Div., 6s, 1910.
do
cons, reg., 1st.,
do
2d guar. (188) 7s,’98
±95
124* 125*
lst Ter’l Tru t, 6s, 1910...
cons, coup., 2d.
do
100
Miss.Riv.Bridge,l8t,8.f,0s :106* 107
124* 125* Wab.St.L.AP.,gen.,0sl92O..
cons. reg.. 2d .
do
108*
Chic. Bur. A Q.—8 p.c., 1st m 108
93* 95
119
do Chic.div.,5s,1910...
Louisv. A Nash.—Cons.m.,7s 118%
Consol, niort., 7s
127* 128
100
101*
107
do Hav. Div., 6s, 1910.
2d mort.,78, gold
5s, sinking fund
116*
do T.P.AW.,lst7s,1917
108*
Cecilian Branch, 7s
Chic. Rk. I.A P.—6s, cp.,1917 123* * 124**
no
108
Wab. RR.—Mortg. 7s of ’79.
101* 103
N.O. A Mob.,lst6s, 1930..
112
Ss, 1917, registered
11!
108
lst
ext.7s
T.AWab.,
10*2*
H.
6s,
*
E.
A
Nash.,
1st
1919
102*
Keok.A Des M., 1st, g., 5s.
108* 109
1«’5...
lst St. L. div.78,ex mat.cp
119
Gen. mort 6s, 1930
Central of N. J.—1st m., ’90. 118
119
2d mortgage ext., ex coup ±110%
Nashv. A Decatur, 1st, 7s.
1st consolidated, assent’d
109
108
Equipment bonds, 7s, 1883 ±50
L. Erie A West.-lst 6s, 1919
Convertible, assented....
110
109
Consol, conv., 7s
do
Sand’y Div.,6s,1919
ill
Adjustment, 1903
110% 111
169
Gt. Western, lst m., ex cp 110%
Leh.A W. B.,con., g’d.as’d ±135 1
Laf. Bl.AMun.—1st 6s. 1919 108*
do 2d m. ,7s.’93,ex cp 110*
Am. Dock A Impr., ass’td
....'132
Louisv.N. Alb.AChic—1st 0s 103* 105
103
...' 94
Cbic.Mil. A St. P.—lst.Ss.P.D 132 135
Manhattan B’ch Co. 7s. 1909
l.A So. la., lst m.Ts.ex cp ±101
2d mort., 7 3-10. P.D.,1898 122* 122* N.Y. A Man. Beac lst7s,’97' ±110% 111*

60* 6.*

10V*

101% 103*

123* Ohio Central—Inc., 1920
117
Ogdb’gAL.Champ. inc. 1920
103%
Peoria Dec A E’vll’e—Incs.
ibi'
Evansv. div. Inc. 1920
St.L.l.M.AS.—lst 7s,prf

112

South Pac. cf Mo.—lst m.
Texas A Pac.—lst, 6s, 1905.
Consol. 0s, 1905
Inoome and land gr’t. reg.
lst Rio Gr, Div., 6s, 1930.

122

Spring.V*yW.Works—lst 6a
Oregon R. A Nav.—lst, 6s.. ±107

n'0*

6s, 1895

St.L. A S.F., 2d 0s.class A.
do
8-0s, class C.
do
3-0s. class B.
do 1st 6s, Peirce, CAO

97%
101
124
116

St.Chaa.B’dge.lst, 7a, 1908
North Missouri, lst m., 7s

MobileA O.—lst pref. deben
2d pref. debentures
3d
do
4th
do

100

105*

F’d Coup. 6s, 1895 ....
Atch.C. A P., lst 6s, 1905
At.Jew’l Co.AW.—lst 6s
Mo. Pac.lst cons. 6s,1920.
Pacific KR. of Mo.—1st m.
2d mortgage

113
116
98

110

HI*
Ind’s Dec. A Sp’d, 2d Inc...
100* ICO* Int. A Gt. Northern—2d Inc
Leh. A Wilkes B.Coal—1888
131% 134
*31*
Lake Erie A W’n—lnc.7s,’99
do
118*
Sand’y Div..inc.1920
Laf. Bl.A Mun.-lnc. 7.1899

Ohio A Miss.—Consol, s. f’d tUOvo
±119*
Consolidated....
2d consolidated.
lst m., Springfield div
Ohio Cent., lst m., 6s, 1920.
do iBt Ter’l Tr.,0s,1920
Panama 8. F. Sub’y 6s, 1910
Peoria Dec. A E’ville, 1st 6s
Evansv. div.,1st 0s, 1920..
Pacific Railroads—
Central Pacific—Gold bds.
San Joaquin Branch...
Cal. A Oregon, 1st
State Aid bonds
Land grant bonds
Western Pacific bonds..
8outh Pac. of Cal.—1st m.
Union Pacific—lst mort..
Land grants, 7s

Wab. RR.—Continued.
Hannibal A Naples, lst 7a
St.L. K.C.A N.R. E.A R.,7s
Omaha Div., lst mort., 7a
Clarinda b., 0s, 1919

Alabama Cent’l Inc. 6s,1918
Central of N. J.—1908
Chic.St.L.AN.O.—2d m. 1907

no*
118%

Istm., 7s, reg—
N.Y. Elevated-lst, 7s, 1906
N.Y.Pa.AO.,prior lien 8s,*95
N.Y.C.A N’n,Gen.M.,6s, 1910
N.Y.A NewEng.-lst 7s,1905
lst 6s, 1905....

do

103*

Registered
Funding 5s, 1899
do
registered

INCOME BONDS.

do

„

108

....

83
88
21

1900, registered
108*
83*

Cen. B’ch U. Par.—1st 6s.

H8*
114* 114*

series

West. Un. Tel.—1900, coup.

6s 1909
Mo.K.A T.— Gen.con.6s.1920
Cons.ass..1904-6
2d mortgage, inc., 1911
H. A Cent. Mo., 1st., 1890.
Mobile A Ohio—New m., 6s.
Nash. Chat. A St. L.—lst 7s
N. Y. Central—6s, 1883

lst 6s, 1896
Denver Div.,6s,assd,’99
lst cons. 6s. 1919

±100

107
107
112
128
119

Metropolit’n Elev—lst, 1908
Metropol. Elev.—2d 6s. 1899
Mich. Cent.—Cons., 7s, 1902
lst mort., 88,1882, s. f
Equipment bonds

lst

new
new

....

125

Kansas Pac.~

±113**

6s,

-

105* 105*
90*
127* 127%
197* 109

Sinking fund .... “.
Registered, 8s
Collateral Trust, 6s

±115

t

12*

12*

AND BONDS.

Marietta A Cin.—Lst mort..
1st mort., sterl

Nevada Central—lst m. 6s.
N. Pac. bond cert. 6s, 1921..

12*6“ 120*

6s,
•

*

10i*
111*

6s, 1886

..

T „

82

Ohio—6s, 1881

do

145*'

Stock Exchange Brices.
Alabama Central,1st 6s.1918
Bait. A O.—1st 0s,Prk.b.l919
Dost. H. A Erie—1st m

Special tax, class 1

122*
122*

# .

Island—6s,coup.’93-9

South Carolina68, Act Mar. 23,1869. >
Non-fundable
J* **
Tennessee—6s, old

(Brokers' Quotations.)
2d,con.,f.cp.,5s.0f»
STATES.
lio' ‘
97* 97*
107*
Flint A P. Marq., M. 6s, 1920
So.Carolina—Con., 6s (good)
19* 19* Gal. Har’g A S.Ant’o. 1st tts, 104
Pennsylvania RR—
136
Browne cons
67
66
Pitts.Ft.W.A Chic., lst m. ±135
1st La Grange Ex .6s,1910
Texas—6s, 1892
M.A S.
§5
do
do
2dm..
2d mortgage, 7s. 1905. ...
7s, gold, 1892-1910 ..J.A J.
24
24*
108% 110
do
do
3d m..
Ilan. A St. Jos.—8s, conv...
120"
7s, gold, 1904
J.A J.
110* no*
Cleve.A Pitts., consol., s.f. 125%
A Tex. C— 1st, m. l.,7s
Virginia—New 10-40s
no*
do
4th mort... 111
'i* 'ik Hous.
1st mort.. West. Div., 7s..
120
in
Col. Chic. A I. C.,
con..

245*

§

Quicksilver

New bonds, J. & J
A.A O
do
Chatham RR
do
do
Consol. 4s,
Small

ftt

115

Virgina—0s. old
32 i
6s, new, i860
..
0s, new, 1867
9
08, consol, bonds
0s, ex matured coupon....
9-%
6s, consol., 2d series
9* 10*!
6s, deferred
9% 10*
84* 85* D.of Columbia—3'65s, 1924.

1868

do

121

§130
Adams Express
>
77* 78
American Express.,
do
2d mort...
United States Express
59* 60
do
bonds, 1900
118* 119
Wells, Fargo A Co
do
7s of 1871.
50
American Coal
do
1st con.,g’d..
47
48*
Atlantic A Pacific Telegr..
Del.AHud.Canal—Istm.,’84
Boston Land Co
1st mortgage, 1891
01*
Canton Co., Baltimore.....
do
extended.
2*
Caribou Consol. Mining
2*
Coup., 7s, ’94
do
5
Central Arizona Mining,...
4*
Reg. vs. ’94.
do
40
36
Central N. J. Land Imp
1st Pa. div., coup., 7s, 1917
Climax Mining
do
reg., 7s. 1917 .
Colorado Coal A Iron
§57*
Albany A Susqueb., 1st m.
41
Consolidation Coal of Md..
37,
2d mort
do
Cumberland A Elk Lick Coal
do
1st con., guar
li’ 12**
Deadwood Mining
Rens.
A
Saratoga,
1st,coup
5
5*
Excelsior Mining
do
1st, reg.
182*
Gold A Stock Tel...
Denv.AR. Grande—lst,1900
26* 27
Homestake Mining
do
1st cons. 7s. 1910
La Plata Mining
Den. S. P. A Pac.,1st 7s,1905
Leadvllle Mining
Erie—1st
mort.,
extended..
3*
Little Pittsburg Mining ...
is*
2d mortg., ext’n 5s. 1919..
5*
Mariposa L’d A Mining Co..
3d mortgage, 7s. 1883.
7
do
do
pref.
4th mort. Ext., 5s. 1920...
29
26
Maryland Coal
oth mortgage, 7s, 1888 —
Montauk Gas Coal
1st cons, gold 7s, 1920
New Central Cbal
§27*
Long Dock bonds
38
N.Y. A Texas Land.limited
Buff. N.Y.A E, 1st m., 1916
Ontario Silver Mining
36* S7
N.Y.L.E.AW., new 2d 6s..
Oregon Railway A Nav. Co. §14^
do 1st, con., f, cp.,7s

Pennsylvania Coal

A.A O
coup, off, J. A J.
coup, off, A.AO.

Funding act, 1866

do
registered.. 127
Iowa Midland, 1st m., 8s..
102
Galena A Chicago, exten.
Peninsula, 1st m., conv... 121**
Chic. A Mil., 1st
±:.08
Winona A St. P., 1st m. ..
119
do
2dm....

§27
§72

48*
Missouri Pacific
170*
N. Y. New Haven A Hartf
N. Y. Ontario A West.,pref.
Peoria Decatur A Evansv..
Pitts. Ft. W. A Chic., guar. §132*
Rensselaer A Saratoga
26
Rome Watertown A Ogd...
§39
fit. Paul A Duluth
§74
pref.
do
do
§92
8t. Paul Minn. A Man
Toledo Delphos A Burl

Pullman Palace Car

do
do
do

*

Int. bonds

87
120
120
90
90
15
15
28
29
8

ilk.

Bid.

SECURITIES.

Rhode

6s, old, A.A O
No. Car. HR., J. & J

MISCELLANEOUS STOCKS

1st m., 7s. $ g’ld,R.D.,1902
1st m.. La C. Div., 1893—
ist m., I. A M\ 1897

322*

147

Chicago

AND

Ask.

N. Carolina.—Continued.

6s. do
1893.
North Carolina—6s, old.JAJ

RAILROAD

Bid.

SECURITIES.

Michigan—6s, 1883
7s, 1890
Missouri—6s, due 1882 or ’83
6s, due 1880
6s, due 1887
6s, due 1888
6s, due 1889 or ’90
Asylum or Univ., due ’92.
Funding, 1894-95
Hannibal & St. Jo., 1886..
do
do
1887..
New York—6s, gold, reg.,’87
6s, gold, coup., 1887
6s, loan, 1883
6s, do 1891
6s, do
181*2

61*

61

LoniSanaPrs.' consolidated

BONOS.

SECURITIES.

Ask.

Bid.

SECURITIES.

Prices represent the per cent value, whatever the par may ft#.

104
112
120
120

51

RAILROADS.
+ 110
Atlantic A Gulf—Consol....
114
Cent. Georgia—Cons, m., 7s
115
Stock
108%
Charl’te Col.A A.—Cons., 7s
102*
2d mortgage, 7s
Stock
E. Tenn. Ya.

A Ga—lst, 7s.

Stock

Georgia RR.—7s
6s

Stock
Memp. A

Charles—1st cons,
lien

lst cons. Tenn.

Stock

Mississippi Cent —Istm. 7s
2d mort., 8s
Miss. A Tenn.—lst m., Ss, A
lst mortgage, 8s, B—.

Jacks.—lst m., 8s...
Certificate, 2d mort., 8s...

N. O. A

Norfolk A Petersb.—lst,
1st mortgage, 7s
2d

mortgage,8s

8s.
...

Northeast.. S. C.—lst m., 8s.
2d mortgage, 8s
.....
Rich.A Dan.—1st cc nsol-, 6s
Stock•••»••••
Southw. Ga.—Conv
Stock

«•••••

,7s, ’86.
•

let m., 7s.
assessmt. paid ....
7s, 1902, non-cnjoined ...
Non-mortg. bonds
West Ala.—1st mcrt.,88....

8. Carolina RR.Stock,

2d mort.,

8s, guar

*1)Western N.C.—1st m..78...

I No quotation to»daj;

42
117
ICO
112
110
125
112
111
42
105
no

130
118
115
117
103
103
110
124
116
104

92*
110
112
106

34
304
58
115
118
104

106
115

52
112
(16
121

100*
103*

118*’
105

11*2**
130
116
44
108
112

*

120*'
122*’

105
94

110
40
no
62

122*
107

latest sale this week.

392

THE

CHRONICLE.

NEW YORK

LOCAL

[Vol. XXXII.

SECURITIES.

Bank Slock: Liat.
Companies.

Capital.

latest,

dates.}

Amount

[Quotations by E. S. Bailey, Broker, 7 Pme Street.]

Price.

Dividends.

Surplus
at

Mark'd thus (*)
are not Nat’L

Insurance Stock List.

Period 1879. 1880.

Bid. Ask.

Last Paid.

Net

Capital.

Companies.
America*

.

3,000,000 1,584.400 J. ft J.
5,000,000 1.601,5*30 M.ftN.
250,000 203.100 ■1. ft J.
1,000,000 1,263,900 J. ft J.

LOO
Am. Exchange. 100
100
Bowery
25
Broadway
Butchers’* Dr. 25
Central
100
Chase
100
Chatham
! 25
Chemical
100
Citizens’........ 25
100
Commerce*!!!! 100
Continental.... 100
Corn Exch’ge*. 100
East River
25
11th Ward'.... 25
Filth
100
Fifth Avenue*. 100
First
100
Fourth
100
Fulton
SO
Gallatin.
50

300,000

2,000,000
300,000
450,000
300,000
600,000

67,100
250,000
13.500
100,000
47.600
150,000
100,000 257.500
500,000 2.602,500
3,200,001) 1,080,500
600,000 397.300

25
Hanover
100
.Imp.& Traders’ 100
50
Irving
Island City»... 50
Leather Manuf. 100
Manhattan*.... 50

750,000
200,000
200,000
200,000

.

1,000,000
1,500,001

•

306

1,000,000

No. America*.!
North River*.

Oriental*....

Pacific*........
Park

....

People’s* *!!!!"

Phenlx
•Produce*

Republic

100.000

100

Tradesmen’s...

40 1,000,000
TTulon
50 1,200,000
United States. 100 250,000
■West Side*
10C
200,000

§ The figures in this
and of date March

12,1881,

•

•

0

6

Jan., ’81. 3)4
Feb , ’81. 5
Jan., ‘81. 314
July '76. 3
Jan.,’81. 3

....

.

120
0
7

Q-J.
J. ft J.
M.&N.

30
7
7

1%

8

2*

Mav.
M.&N.
M.ftN.
J. ft J.
J. ft J.
J. ft J.
J. ft J.
J. ft J.
F. ft A
J. ft J.
J. ft J.
J. ft J.
M.&N.

5
5
0
0
7
14
8
3
9

5
3
0
7
14
8
....

8
7
3

7
7

8
8

8
4

170.800 M.&N.
720.500 J. ft J.
184.400 J. ft J.
70.700 .). ft J.

5*

ft J.

7
9

70.800 j. ft J.
81.500 M.&N.
759.500 J ft J.
48.000 J. ft J.

12
5
8
8

.

.

.

Eagle
Empire City....
Exchange
Farragut

300

•

Firemen’s.....
Firemen’s Tr..

Franklin&Kmp
German-Amer.
Germania.
Globe
Greenwich
Guardian....
Hamilton
Hanover
Hoffman
Home

97

..

’80. 3

'SI.
’81.
’81.
’80.
’81.
.Feb, ’81.
Jan., *81.

Jan..
Jan.,
Jan.,
July,
Jan.*

Jan.,
Jan..

314
7
4
3
5
3)4
4
’81. 4
’81. 4
'80. 3
’79. 23*
’79. 3

7
6
7
10

May,
Tan., *81. 3)4
Jan., ’81. 3
Jan., *81. 3]4
Jan., ’81. 5

12

Jan., ’81. 3

88 300 F.
149.500 J.
180.400 J.
02.9 JO J.
180.800 J.

231.700

8

8

10

10
7
7
3

0
7

•

1,400
56,200
94,000
175.500
01,200
310,3 00
244.100
320.400

3
.

J

.

ft J

•

0^

120
230

-

r

....

Hope

.

.

Howard

Importers’* T..
Irving

121
120
-

*

Jefferson

•

.

.

Knickerbocker

Lafayette(Bkn)
Lamar..
Lenox

r.f

00

Lorillard
Manuf.ft Build.
Manhattan...
Mech.&Trad’rs’
....

....

J. ft J.

8
8
0

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

7
•

•

.

Nov.,’80. 3
110
Jan., '81. 4
Jail., ’81. 4
Keb., '81. 3)4 1003*
Jau., ’81. 3>a 121
Jai., ’81. 3

•

•

mi

Montauk (Bkn)
Nassau (Bklyn)

100

National
N. Y. Equitable

Jan., ’81. 4

Feb., ’81. 2)4
Jau., *81. 4
152)4
Jan., ’81. 3)4
101
Jan., ’81. 3
July, ’74. 33*
•

•

•

•

7
8

i*2

of date Mar.
for the State banks.
are

oy ueorge

New York Fire
N. Y. & Boston
New York City

rti|

•

Niagara
.

North River....

.

Jau.. ’81. 3

12

Jan..

Pacific
Park
Peter Cooper..

Jan.. *81. 5
125
Jan., ’81. 4
Jan., ’81. 3
Nov. *80. 33* 120

People’s
Phenlx
Relief

.

Republic
Rutgers’

Jan., ’81. 3)4
....

....

’si.lO

Sterling
Stuyvesant

....

11,1881, for the National

Star

banks

Tradesmen’s....
United States..
Westchester...

Wllllamsb’g C.

H. Prentiss, Broker, 19 Broad Street.]

25
20

2,000,000

1,200,000
1,000
315,000
50 1,850.000
20
750,000
50 4,000,000
100 2,500,000
Var. 1,000,000
100 5,000,000
1,000 1,000,000
25 1,000,000
Va •.
700,000
100 4,000,000
10 1,000,000
1,000
375,000
Var.
125,000
50
400,000

_

Manhattan....

Metropolitan.
do

certificates.

Mutual, N. Y
..

Nassau, Brooklyn
scrip..

People’s (Brooklyn)
Bonds
Bonds

...

Williamsburg

50

bonds

1,000

Metropolitan, Brooklyn.

100
100

Municipal

do
bonds
Fulton Municipal

....

100

Date.

Amount. Period.
Var.
Var.
A. ft O.
F.ft A.
J. ft J.
J. ft J.
M.& S.
M. ft S.

Quar.
F.ft A.

Var.
M.&N.
M.&N.
J. ft J.
M.ftN.
Var.
F.ft A.

1,000,000 M.&N.

2)4

3,000,000

5
0

Broadway & Seventh
1st mortgage

1,000
av.—St’k

Brooklyn City—Stock
1st mortgage

'Broadway (Brooklyn)—Stock
Brooklyn & Hunter’s
1st

.

Pt.—St’k

mortgage bonds

Bushwick Av. (B’klyn)—Stock.
‘Central Pk.N.&E. niv.—Stock
Consolidated mort. bonds
Christopher & Tenth St.—Stock

100

2,100,000 Q-J.
1,000 1,500,000 J.&D.
10 2,000,000 Q—F.
1,000
300,000 M.&N.
100
200,000 Q-J.
100

1,000
100
100

1,000
100

400,000 A.&O.
300,000 J. ft J.
500,000 J. ft J.

1,800,000

Q-J.
1,200,000 J.&D.

1897
1900 &c
July, *80
Jan.. ’81
1900
Jan., ’81
Apr., ’81
188 8

650,000 F.ft A.
Bonds
1,000
250,000 J. ft J.
100 1,200,000 Q-F.
Dry Dock E.B.& Batt’ry—Stock
1st mortgage, consolidated
500&C.
900,000 J. ft D.
100 1,000,000 Q-J.
‘Eighth Avenue—Stock
1st mortgage
1,000
203,000 J. ft J.
’42d St. & Grand St. Ferry-St’k
100
748,000 M.&N.
1st mortgage
1,000
230,000 A.&O.
Central Cross Town—Stock
100
600,000
1st mortgage
1,000
200,000 M.&N.
Houst.West St.& Pav.F’y—St’k
100
250,000
1st mortgage
500
500,000 J. ft J.
Second Avenue—Stock
100 1,199,500 J. ft J.
..

’

3d mortgage
Consol, convertible

'

Extension
Sixth Avenue—Stock
ldt mortgage
Third Avenue—Stock
lfct mortgage
Twenty-third Street—Stock.
1«t, mnrt.twure

ITuts

column snows la. t




1,000
1,000
500&C
100
-

1,000
100‘

150,000 A.&O.
1,050,000 M.&N.
200,000 M.&8.
750,000 M.&N.
500,000 J. ft J.

2,000,000
1,000 2,000,000
..

100
1.000

dividend

on

Q-F.

J. ft J.
600,000 F. &A.
250.000 M.ft N.

2
7
7
3
2
7

Dock bonds

1870.

do
:
Market stock

1375.

7

5
7
4

7

,

Feb.,
Jan.,
Jan.,
Feb.,
Jan.,

10
20
5=
14
10
10
13
5
12
10
20
20
10
13
10
20
10
15
12

Oc

15
7
10
15
7
10
11
10
12
10
30

.,

Jan.,
Feb.,
Jan.,
Jan,,
Jan.,
Jan.,
Jan.,
Jan.,
Jan.,

Jan.,

6*
12*

j an..
Ja 1..

10
10
10
N’ne
10
10
7
10
20
N’ne
10
10
9
10

Jan.,

8

Jau.,
Jan.,
Jan.,
Jan.,
Jan.,

Jan.,
Mar.,

’8i.
81.
’81.
’HI.
*31.
’81.
'31.
’81.
’81.
’81.
’31.
‘81.
’79.
’81.
’81.
'81.
’81.

Jan., ’81.
Jan., ’79.
Jan., ’81.
Jan., ’81.
July, ’80.
Jan., ’81.
July, ’80.
JaD., ’81.
Jan., ’81.
Jau., ’81.
Jan., ’81.
Jan., ’81.
Jan., ’81.
Jan., ’81.

3)4
5
5
0

5
5

7*
3

I*
5
5
5

3>*
5
5
5
5
0
5
5
5
4
5
4
6
5
7
7
4
5
5
7
5
5
5

155
108
195
210
200
165
124
130
60
100
220
210
95
100
120
95
105
112
175
155
110
290
85
140
157
80
157
75
112
95

75

102

175

iio
70
no

228

ioo
no

ioo

iso
;90

160
310
70
150
163
90
161
85

ibo
85

145
200
60
1L0
95

110
00
137
105
100
1*10
85
120
112

12
10
12
14
10
10
10
14
Jan., '81,
10
Jan., ’81.
10
Jan., ’81
10
Feb., ’81.
N’ne
N’ne
5
17,122
3)4 Jan., ’81. 3'4
12
13
610,643 11
Jan., ’81. 7
8
8
100,48b 10
Oct., ’80. 4
20
428.674 30
20
Jan., ’81. L0
12
109,091 12
12
Jan., ’81. 0
20
18
203,668 ,20
Jan., ’81.10
12
11
105,698 12
Jap., *81. 5
10
10
348,454 15
Jan., ’81. 5
10
10
38,078 JO
Jan., ’81. 5
7
30,434 5
8)4
Jan., ’81. 3)4
20
20
100,073 20
Jan., ’81. 7
0-23
9-73 12-40 Jan., ’81. 3-23
175,144
10
108,803 12)4 12
Jan., ’81. 5
24,475 10
Au <., ’80. 3)4
8)4 7
10
10
130,582 14
Jan., ’81. 5
.10
10
83,097 ilO
Jan., ’81. 5
12
11
10
227,205
Jan., ’81. 5
10
10
150,998 10
Feb., ’81. 5
20
20
449,571 20
Jan., •31. 10

150
115
150

160

110
65
70

185
113
220
115
195
110
130
88

120

118
135
95

70
150
125
113
78
115
105
125

no

no
205

do
do
do

var.

do
do
New Consolidated
We3tcbester County
Consolidate!
Assessment

var.

do
do
do

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

do
do

May ft November.
May ftNovember.
do
do
do
do
do

....1869.

Consolidated bonds
Street imp. stock

Prior.

Months Payable.

Feb., May Aug.& Nov.

1865-68.
do

var.

do
do
do
do
do

January & July,
do

do

Quarterly.

May

Brooklyn—Local Impr’em’t—
City bonds

do
Park bonds
Water loan bonds....
..

90

112
175
Jan.,
100
170
110
40
Nov.1904 103
30

,

8)4

12
10
20
20
10
10
12
20
121.540 10
322,820 20
98,066 14
1,090 N’ne

5

’81.10
’81. 8
’81.10
’81. 5
*81. 5
’81. 5
’77. 5
’81. 5
’81. 7
’80. 7)4
’81. 334
’81. 5
’81. 0

& November.

Bonds
due.

1880
1890
1883-1890
1884-1911
1884-1900
1907-1911
1898
1895
1901
1898

Bid. Ask

1.00
100
104
106
112
118
108
115
125
115

1894-1897 127
107
1889
1890
1901
1888
1882
1890
1894
1920

115
122
107
102
115
122
109

1884

102

101
107
109
120

12/5
120
109
110
120
110
128
108
116
123
108
105
110

123
112

103

[Quotations by N. T. Beers, Jr., Broker, 1 New St.]

I100

1898

,

3)4

192,018
130,553
235,204
109,491
30,150
145,374
71,298
149,332

Jan

|102M

Dec.1902 110

2)4 ~2b., ’81

7
7
7
5
7

20
10
10
5
10

10.509 10

Jan., ’81. 5
Jan., '81. 5

,

1888

2*4

17^ 12)4

10^

97,930 10
27,857 10
7,561 10
162,032 10

..1853-65.

no

'811165
’80; 102
'81140
’80 95

2)4 Nov., ’80 90
Jan., ’31 109

7

10
30
7

303,380 10
207,372 20
2,297 5

Improvement stock.... 1869

July, ’84,103^

Feb.,
Nov.,
Jan.,
Oct.,

15
to
10
15
11
7
10
14
10
30
7

10
22

10
10
10
10
20
20
10
10

July
io
io
Jau.,
13-05 13-77 Jau.,

3)4

11

70,773 10
19,160 10

reservoir bonds
do

Jan.. 'Pi 122

5

10;

10
1,039.240 10
2,244 10
148,809 10

Central Paik bonds. .1853-57.

H :Jan., ’8l] 22)4
7
J’ly,1900ii05

7
3
7
3
7
6
7

65,248
04,071
145,219
1,112,429
842,087
129,000
336,192
22,764
133,251
830,627
43,118

pipes and mains...

do
do

do

2
7

133.176

New York:
Water stock
1841-63.
Croton watferstock.. 1845-51.
do
do
..1352-60.
Croton Aqued’ct stock.1865.

1882

7

74,007
85,590

Rate.

2)4 Dec. ’80
3)4 Nov., ’80
4
Nov., ’80
334 Jan.. ’70
0

001.090

io>4
10
20
18
20
20
10
11

Interest.

3)4 Feb.. ’81
1)4 Apr., ’81

•jf

1st mortgage

40
100
30
50
17
10
100
200;000
100
i,ooo;ooo
50
1,000,000
50
200,000
25
200!000
100
200,000
15
150)000
50
1.000,000
50
200,000
100
3,000,000
25
'isoiooo
50
500,000
50
200,000
100
200,000
30
200,010
20
150,000
40
280,000
50
150,000
100
200,000
25
150,000
50
300,000
25
800,000
100
200,000
100
250,000
25
200,000
50
150,000
50
200,000
50
200,000
50
200,000
50
200,000
37 )i
200,000
35
210,000
100
200,000
100
200,000
100
300,000
50
500,000
25
350,000
25
200,000
100
200 000
20
150,000
50 '
200,000
l 000,000
50
50
200,000
100
300,000
25
200,000
50
200,000
100
500,000
100
200,000
25
200,000
25
300,000
25
250,000
10
890,000
50
250,000

Ian., ’81
Jan., VI
Feb., *81

5
6

1,000,000 Quar,
1,000,000 A.ft O.

900.000 J. & J.
694,000 ‘J. ft J.

250,000
300,000
200,000
1,000,000
300,000
200X00
200X10
200,000
204,000
150,000

14
10
20
20
20
20
10-72
12
N’ne
18
1340
20
10
10
15

Bid. Ask.

[[Quotations by Daniel A. Moran, Broker, 27 Pine Street.]

i8ys
Feb. ’78

[Quotations by H. L. Grant, Broker, 145 Broadway.]
100

210.000

540,073
79,402
447.577
333,121
218,070
403,010
185,227
132,245
1,425
90,599
1,250,136

Prioe.

Last Paid.

City Securities.

5
Nov., '80
234 Aug., ’80

3
2
6

750,000 M. &N.
1,509,0001

300,000

1878. 1879. 1880

Bid. Ask.

*

7
3
7

153i000

1881.*

*
Over all liabilities, including re-lnsurance, capital and scrip,
t Surplus Includes scrip.

c;

Par.

t

Standard

Jan., ’81. 4
Nov.. ’80. 5

'

V.'&’J!

Mech’ics’(Bkn)
Mercantile..
Merchants’...

Jan., "31. 33$

6
10
8
0
7
7
7
10

......

LongIsl.(Bkn)t
...

140
Feb., *81. 4
Vi Jan., ’81. 3>£ 115

3

*

Kings Co.(Bkn)
103
108

8

.

•J. ft J.
J. ft J.
776.100 M.&N.

Jersey City & Hoboken.

I
Central of New York

7

720.500 F.ft A.
129.700 J. & J.

Brooklyn Gas Light Co.
Citizens'Gas Co (Bklvn)
do '
bonds.
Harlem

.

62K

Q-F.
•

8
8
7
0
3
7

....

878.000 J & J
121.300 J. ft J.
221,SOU J. ft J.

Gab Companies.

bonds.

ft A.
ft J.
ft J.
ft J.
ft J.

0

300,000
200,000

...

....

Nov

400,000
200,000

Continental., t 100

Jan., ’81.10
Jan., ’81, 3)4 118
Nov., V0. 3>4
Apr., ’81. 4
Feb., ’81. 3
May, ’80. 5
Nov, ’80. 3

5K Nov.,
July,

24

148

City Railroad Stocks and Ronds.

[Gas Quotations

do

.

3
7

column

Gas and

New York

4
•

.

100
300,000
100
750.000
70
700,000
SO
240,000
25
300,000
50
422,700
100 2,000,000
25
412,500
20 1,000,000
50
125,000
100 1,500,000

,

do

7
10
7

Nov. ’8J. 5
Jan., ’81. 4

Amount

American
+ 50
American Exch ioo
25
Bowery
25
Broadway
17
Brooklyn
Citizens’
1 20
70
City
Clinton
100
Columbia
30
Commercial
50

'

8t. Nicholas.... 100
500,000
Seventh Ward. 100 300,000
Second
100
300,000
Shoe ft Leather 100
500,000
Sixth.
100
200,000
State of N. Y.. 100
800,000
Third
100 1,000,000

do

8

#•

J. ft J.
1. ft J.
J. ft J.

300,000
3,000,000 1,185.200 J.
98,700

Nassau*
100 1,000,000
New York
100 2,000,000
N. Y.County.. 100
200,000

■S;Y; N-

600

85.0ou
42.400

1,000,000

.

•

125.100

2,000,000

..

-

444.900

500,000
200,000

...

;

600,000

2,000,000 1,108,000

25
Mech. Assoc’n. 50
-Mech’lcs * Tr. 25
Mercantile
100
Merchants’.
50
Merchants’ Ex. 50
Metropolis*.. 100
Metropolitan
100

Mount Morris*
Murray Hill*..

143.200
5,200

400,000
500,000

100
100

Mechanics’

500,000
100,000

2,050,000 1,049 500

•

Marine
Market

90.700
9 >,500
26 000
295.300
2.007.300

15

8
3X
10

815,50) A.ft O.
101.800 F.& A.

1,000,000

•

i

.

5.000,000 2.866X00 I. ft J.
1,000,000 239.200 J. ft J.
1,000,000 903.700 F. ft A.

German Am.*
70,
German Exch.* iooj
Germania*
100

Greenwich*.

0
10
10
0
7
3
0

•

.

1,000,000

....

•Tan., ’81. 3)4 135
138
NoV. ’80. 33* 12934 131
Jan., ’81. 5
Jan., ’81. 8
6)4 Jan , ’81. 3)4
•Ian., ’81. 4
0
Mar.,’81. 4
0
Jan., '81. 3
100
Mar., ’81.15
64 .Jan., ’81. 314

181.700 J & «J
468.700 J. ft .T.
138.900 M. & S.
169.400 J ft J
3,330 900 Bl-m’ly 100
180.700 J. ft J.
0
1,531,600 M.&N. 10
•

Par.

7
7
10
16

Dividends.

Surplus

81
’85
’80

102*

97^

100
104

.

118

Bridge bonds

iio

City bonds
Kings Co. bonds..

^

..

.....

...

Water loan..

iso
115

-•

.

do

do

Park bonds

Bridge.
•All Brooklyn bonds flat.

110

7
7
7
7
7
0

0
7
0
0
0

January ft July,
io
do
do
do
do
do
do
do
do
do
do
do
Mav ft November.
do
do

January a July.
do

do

1880-1883
lSoS-1891
1915-1924
1900-1924
1904-19121880-1902
1881-1890

10214 108
107
137

137
137
107
102
1880-1883 iO0

1880-1885 114
1924

124

1907-1910 121

118
140
140
140
122
116
111
116
127
125

106
101

102*

[Quotations by C. Zabribkib, 47 Montgomery St., Jersey City.]

100

Sept.,’83 101

Feb., ’81 165
Jy, ’90 110
Feb.,’81 180
•July, ’90 108
Feb.,’31 140
.

Mav. ’93 105

115

Jersey City—
1

il2
150
112

stocks, but the date of maturity of bonds.

Water loan tlong..'
do

1869-71.

Improvement bonds
Bergen bonds
1868-69.

January ft July.
January ft July.

J. ft J. and J ft D.

January and July.

1895
1899-1902
1891-94
1900

1C(S

107

112
108

113
110

107

108

April

393

THE CHRONICLE.

9,

eneral balance
The report gives no general
balance sheet,
sheet, but the other
c
statistics have been compiled for the Chronicle as follows;

but the

EQUIPMENT.

ROAD AND

AND

operated

CORPORATION FINANCES,
The Investors’ Supplement contains, a complete exhibit of the
Funded Debt of States and Cities and of the Stocks and Bonds
of Railroads and other Companies. It is published on the last
Saturday of every other month—viz., February, April, June,
August, October and December, and is furnished without extra
charge to all regular subscribers of the Chronicle. Single copies

Miles

are

Passenger

STATE, cm

AND

sold at $2 per copy.

INDEX SINCE FEBRUARY SUPPLEMENT.
The following is an index to all reports and Items heretofore
lished in the Investment Department of the Chronicle
issue of the Investors’ Supplement; annual reports are
black-faced type :
maine Central
333
288 Manchester & Keene
Alabama Central
335
Allegheny Valley
367 Marietta & Cincinnati
231
American Coal
287 Michigan Central
368
American Rapid Tel
288 Milwaukee & Northern
335
Anthracite Coal Production... 334 Milw. L. Shore & West—232, 288

Locomotives

Pass., mail & express cars.
Freight cars
All other cars

Charlotte Air-Line..
Atlantic Miss. & Ohio
Balt. & Ohio... 230, 299, 312,
Boston Concord & Montreal...
Boston Hartford & Erie
Brooklyn Elevated
230,
Buffalo Pittsburg & Western..
Burlington Cedar Rap. & N

Atlanta &

367
334
334

334
367
265
367
367

231
Central Branch Union Pacific. 335
Central of Georgia
334
Central Iowa
v..
312
Central Pacific
231
Chicago & Alton
264
Chic. Burl. & Quincy.231,347, 365
Chic. Mil. & St. P
288, 367
Chicago Pekin & Southw
312
265, 367
Chic. R. I. & Pac
Chicago St. Louis & N. O
288
Cin. San. & Cleve—
334
Cincinnati Southern
367
California Southern

Minnesota State

Freight
Mail, express, &c

Bonds ...265, 368

313

Missisquoi & Clyde River

Total gross

earnings

P.

of oper. exp.

.231,

232, 313, 335

Nashua <fc Lowell
335
New Central Coal
312
New Jersey Midland
368
N. Y. City & Northern....265, 288
N. Y. Housatonic & No
368
N. Y. Lake Erie & West
288
N. Y. & New England .... 335, 367
333
N. Y. Penn. & Ohio
N. Y. Prov. & Boston
368

Norfolk & Western
334
Northern Central....230, 232, 287
Northern Pacific
232, 313,

323, 335, 368

24,921
152,477

$
167,704

$

13
28
410
35

14
21
481
9

1,759,702

12,749
$

167,432
$
148,178

1,502,398
12,016

1,662,592

463,169

*608,274
39,688

$

41,448

444,477

532,410

504,617

1,230,420

1,227,292

1,202,144

647,962
1,014,630

2653

30-25

29-56

38*91

to earn’gs

*

•

23,729

161,743

1,706,761
$

496,933
35,177

401,461
43,016

1880.

26,801

142,709
1,551,683
12,369

Includes $52,740 for new equipment, $50,337
$49,354 for rebuilding bridge across Cliagres River.
INCOME

1877.

ACCOUNT.
1878.

for steel rails and
1880.

1879.

$

$

$
1,202,144 1,014,630
...1,230,420 1,227.292
264,230
254,392
196,269

Receipts—
Net earnings
Rentals and interest,

149,937

&c....

Discount on subsidy
Other receipts

*1,629,712
1,543,651 1,582,448 1,651,749
$
$
$
270,747
270,853
209,468
239,889
6,706
9,939
12,500
12,932
910,000 1,120,000
840,000
840,000
250,000
250,000

250,000

250,000

disbursements....1,311,968

1,342,821

Subsidy to U. 8. Colombia..

166,667
184,185

195,213

158,887

163,294

Total income
Disbursements—
Interest on debt
Drawbacks on produce
Dividends

Total

1880.
48

$

150,143

$

(including taxes).

earnings

c.

22,110
146,942

1,674,897

Miscellaneous

Total

15
28
415
44

1,596,810

Operating Expenses—
Transportation expenses..

Net

15
28
345
44

1,492,305
14,888

335

Mo. Kan. & Texas

Nashville Chatt. & St. L..

carried

Freight (tons) 1x0ved
Earnings—

pub¬
since the last
indexed in

1878.
48

OPERATIONS AND FISCAL RESULTS.
1879.
1878.
1877.

Operations—
Passengers

49

1879.

1877.
48

1,440,792 1,647,453
210,957 def. 17,741

239,627

231,683
*The report states that receipts were diminished $120,000 by the
Co. .232,
265, 313, 323, 336 temporary arrangement with Pacific Mail Steamship Company, which
Clev. Col. Cin. & Indianap
265
arrangement has now expired.
Cleveland & Mahoning Vulley 333
Mail Steamship
265
Kansas City Fort Scott & Gulf.
Colorado Coal & Iron Co
366 Pacific
Pacific of Missouri
368
Columbus Chic. & Ind. Cent... 231
Consolidation Coal Co
287
Cumberland Valley.
311
312
Dayton & Michigan

313

Dayton & Southeastern
Delaware & Hudson Canal

Ohio & Mississippi
Or eg. Railway & Nav.

230,
Pennsylvania RR
262, 265, 288, 289, 334,
Peoria Decatur & Evansv

288

Southwestern

East Tenn. Va. & Ga
Elizabeth City, (N.J.)231,

253,

265

312, 368

Fitchburg

334

288
334
368
368
Galv. Brazos & Colorado
Galv. H. & Hend
312
Galv. Harrisb. <fc San Antonio. 334
Georgia RR. and Banking
334
Green Bay & Minnesota
368
Gulf Colorado & Santa Fe ..... 312
Hannibal & St. Jo
310
Huntingd. &Br. Top Mountain 368

Flint & Pere Marquette
Florida Central
Frankfort & Kokomo

229
Illinois Central
Indiana Bloom. & West...313, 335
International & Great No
288
Kansas Central
Kan. City Ft. Scott
Knox & Lincoln
Knoxville & Ohio

232
& Gulf

231

356
335

Lehigh Coal & Nav. Co
231
Lehigh & Wilkesbarre Coal Co. 231

231

Long Island RR. Co

Louisiana & Missouri River.... 311
Louisville & Nashv
Louisv. New Albany

231

& Chic... 335

336
288
232

336

367
356
St. Johnsbury & L. Champl’n.. 336
St. Louis Alton & Terre Haute 336
St. Louis Iron Mt. & So...266, 285
St. Louis & Southeastern
266
St.Louis & San Francisco.286, 289
St. P. Minneap. & Man
336
Secretary Windom on Corpor¬
ate Securities
2S9

Richmond & Danville
Rochester & Pittsburg

& Dakota
288
& Pacific
232
336
Southern Pacific
Sterling Iron & Railway Co... 335
Tennessee State Debt
253

Sioux City
Sioux City

289
288
Toledo Canada So. & Detroit.. 336
Toledo Delphos & Burl....288, 313
Union Taciflc
232, 285
Utah & Nevada
356
Utah Southern
356
Utah Western.
356
Vermont Marble Co
335
Wab. St. L. & Pac..289, 310, 356
Western Union Tel.. .232, 266,

Texas & Pacific
Texas & St. Louis

r

289, 312

West Jersey RR
Winona & St. Peter

366
233

ANNUAL REPORTS.
Panama

(For the year

ending December 31,

1880.)

submit their report for the year ending Dec.
Petersburg RR
31, 1880, showing gross earnings of $1,222,867 and net earnings
Philadelphia & Reading.. .232,
of $525,915, an increase over 1879 of $193,103.
289, 313, 336
EARNINGS AND EXPENSES 1879 AND 1880.
Phila. Wil. & Balt....232, 266, 289
Increase.
1879.
1880.
Port Royal & Augusta
356
$87,388
$209,950
Pullman Palace Car Co
336 Passengers
$297,339
212,781

....230
Delaware Western...266, 312, 334
Del. Lack. & West
230
231
Denver & Rio Grande
Denver Western & Pacific
231
312 Quicksilver Mining Co
Des Moines & Fort Dodge

Dubuque &

Balance, surplus

229* 356

The directors

844,564
15,795
18,000
36,663

631,783
13,548
18,000
22,581

14,081

$1,212,363
taxes
680,441

$895,864
563,053

$316,499
117,388

$531,922

$332,811

$199,111

Freight

Mails
Express
Miscellaneous....
Total

Operating expen.

and

Net earnings.

2,247

INCOME ACCOUNT.

The following is a
for the year 1880:

condensed statement of income

account

$525,915
53,175
of $63,000 Fort Scott S. E.
bonds
5,039
Total credits to income account—
$584,130

Netearnings of 1880

Miscellaneous interest and dividends
Premium of 8 per cent on exchange
& Memphis Railway Co. 8 per cent

Disbursements—
on Kan. City

•

,

.

1st mort. bonds.. $234,3oO
Interest on $1,583,000 bonds of leased lines from
Sept. 1, 1880, to Dee. 31, 1880
36,936
Interest

F. S. & Gulf

$271,286

exchange of

Premium paid to procure tbe
Fort Scott 8. E. & Memphis 8s for 7s
Dividend of 3^ per cent, Aug. 10,1880,
for

pref. stock

Dividend of 4^ per

cent, Feb. 15,

$142,000

v
on contracts
-

-

1881, ou coutracts

11,360

96,159

123,678—502,483
Surplus
$81,646
amount to debit of income account, Jan. 1, 1880
5,321
Surplus to credit of income account
$76,325

for

pref. stock

Deduct

Railroad Company.

There has been expended during the year for—
December 31, 1880.)
Construction
IJ5099
The General Superintendent remarks in his report that “ the
Equipment
Work for the first quarter of the year 1880 was performed
Total
$244,539
under very many disadvantages, caused by the disastrous floods
of November, 1879, which rendered the road impassable for six
These expenditures have been provided for from the sale of
weeks, during which time freight accumulated to such an a portion of the securities of other corporations owned by this
oxtent that, to store and care for it properly, much of it had to
company, and referred to by the directors in their last annual
be re-handled several times, adding greatly to the cost of report as being held for the purpose of providing for new
transportation; while the continuance of the war between Peru, equipment, and any other special expenditure. The market
Bolivia and Chili through the entire year naturally interfered value of the residue of this fund is about $222,000.

CFor the year ending

LAND DEPARTMENT.
Seriously with the West Coast traffic, and deprived the road of
considerable percentage of earnings. * * *
During the year 1880 the Land Commissioner
The operating expenses included extraordinary expenditures
acres,
of which 285,402 acres, sold for cash,
for new engines and cars, steel rails, &c., and rebuilding the
or an average of a fraction over $3 40 per acre.
acres
bridge over the Chagres River, which amounted to $152,432 ; were sold on time for $314,390, or an average of $5 11 per acre.
while, on the other hand, the receipts were reduced $120,000 by There were also sold 210 town lots; 114 of which were
the temporary arrangement with the Pacific Mail Steamship
cash, bringing $3,092. There were sold on
Company, which has now expired. Taking these figures into $6,946. The total sales of lands and town
account, and the net earnings were at the rate of 19
per amounted to $1,300,185. The total cash receipts
centum per annum.” * * * “ The number of tons of freight
department for the year, on sales and contracts, were
J^8Ported in 1880 amounted to 167,432, against 161,743
The value of the land assets Dec. 31,1880, are given as
1879, and 152,477 tons in 1878.”

sold 346,902
brought $975,755,
61,499
sold for
time 96 lots for
year
lots for the
the land

&




of

tons in

$1*151,667.
follows:

THE

394

CHRONICLE.

ASSETS.

Amount unpaid on—
Contracts in force, HO,530 acres
Contracts iu force for town lots
Estimated value of unsold lands
Estimated value of town lots

Sevember 1, 1880. Since January 1, 1881, the bonded debt has
increased by the sale, at 17/£@17% per cent premium, of

3een

$329,254
14.2:»5

520,072
28,240

Total

$899,802
RICH IIILL RAILROAD.

During the past six years the cities on the Missouri River and
the adjacent country have been rapidly filling up, and there
has been a rapidly-increasing demand for fuel. In order to
partially supply this demand, the Rich Hill branch was con¬
structed.

[Vol. XXXII.

This road leaves the main line about 5 miles south of

Pleasanton, and runs easterly a distance of 19*16 miles, to the
town of Rich Hill, Mo.
From that point a spur track runs 3*6
miles to the northeast. From Rich llill a spur runs 4*78 miles
couth to the coal banks in the vicinity of Carbon Centre. Total
miles main track 27 54. Its cost was £300,196, or $10,900, per

$178,000 Detroit Lansing & Northern Railroad Company’s 7
oer cent mortgage bonds, due January 1, 1907, which realized
he sum of $209,180, which has been appropriated to the
pay¬
ment of the Ionia & Lansing bonds aforesaid, and the balance
to the completion of Stanton Branch and the equipment thereof.
DECEMBER 31, 18S0.
Dr.
Common capital stock..
Preferred capital stock.
Bonded debt

GENERAL BALANCE S1IEE T,

Cr.

Construction

Equipment
Bills receivable
Cash..:,
Supplies (material, etc.,
oil har d)

$6,926,719
022,975
15,515

136,480

Unpaid interest
Accrued int.

40,235

due
from
other roads, etc

mile of main track.

2,503,380
3,0S5,O00
1,230
110,058

coups..
bonds..

Unpaid dividends
Unp’d v’uch’rs at Detr’t
Bills payable
State taxes for 1880,
v:
due July. 1, 1881
Saginaw V. & Sr. L. RR
Company’s sink’g fund.

Amounts

25,521

Suspense (insurance)...
Ninth Nat. Bank, N. Y.
Trustees sinking fund.

on

$1,825,600

4,028
1,200

119,700

$7,892,970

241

58,592
101,000
27.015
27,584
49,700
102,973

Balance of income acct.

FORT SCOTT SOUTHEASTERN & MEMPHIS RAILROAD.

$7,892,970

This branch was started in 1874 from a point on the main
line 4 miles south of Fort Scott, and completed southeasterly

6/£ miles. In 1877 it was extended 6*3 miles to Arcadia, making
12*8 miles.
In 1880 it was determined to extend the road from
Arcadia to Ash Grove, where it will connect with the Springfield
& Western Missouri Railroad, already built from that point to
Springfield. The distance from the junction south of Fort
Scott to Springfield is 99*52 miles. The portion completed
(Arcadia to the west line of Dade County, 36*04 miles) cost,
without fencing, $392,729, or $10,900 per mile.
SPRINGFIELD & WESTERN MISSOURI RAILROAD.

This road was purchased
Fort Scott & Gulf Railroad

in the interest of the Kansas City
Company, in June, 1879, and has
since been held to form part of the line from Kansas City to
Memphis. It is 19 miles long, and cost $110,000. This road,
being isolated from the main line, has been operated in connec¬
tion with the St. Louis & San Francisco Railroad, Its earnings
in 1880 were $20,526, and its expenses, including taxes, $11,270;
leaving net from operating, $9,256.

South Carolina Railroad.

{For the year ending December 31, 1880.)
The report of Mr. John H. Fisher, the Receiver of the South
Carolina Railroad, supplies the following information:
From October 1, 1878, to December 31, 1880, inclusive, the
account stands thus:
Earnings
Expenses

■

,

$2,641,096
1,780,064
$854,432

Netearnings
Balance of amounts received—

Old balances South Carolina Railroad Co-.
Interest oil

deposits

Premiums
Total

$3,435
4,091
795—

receipts..

8,313

$802,745

Out of which has been

paid—
First mortgage coupons to syndicate

$72,112

Interest on hist mortgage bonds
Commissions on same

394,080
1,883
120

Premiums

(NARROW GAUGE.)
29,807
Legal expenses
24,378
This road was purchased in the interest of the Kansas City Taxes, 1877-78
Balances account South Carolina Railroad
1,270
Fort Scott & Gulf Railroad Company in February, 1880. The New
equipment
137,988
track extended from Parsons to Weir City, thence to Messer Track extension and wharf
3,010— 665,257
Station, on the St. Louis & San Francisco Railway. The track
Balance of receipts
$197,488
from Weir City to Messer (10*75 miles) was taken up for the
Accounted for by the following assets—
purpose of using the same in an extension of the road west
from Parsons to Cherryvale. In April, 1880, directions were Deposits with agents for payment of interest due prior to
and including January 1,1881
$94,892
given by the directors to extend the track from Parsons west, Bolauces
due by agents, connecting lines, etc
74,039
18*73 miles, to Cherryvale; and but for the difficulty in getting Due by United States Government
4,947
material the work would have been completed before the end Cash on hand
23,608
of the year. The property cost, includirg two locomotives, one
$197,488
passenger, one baggage, and thirty freight cars, $200,000, The
“
The
gross earnings for the year 1880 show an increase over
extension from Parsons to Cherryvale will cost $105,000, or for
those of 1879 of $165,732, being an increase of 15*7 per cent.
the whole, $305,000.
The amounts charged to operating expenses show an increase
SHORT CREEK & JOPLIN RAILROAD.
MEMPHIS KANSAS & COLORADO RAILWAY

*

This road was completed in the autumn of 1879, and referred
to in the report of last year.
Its length is 15*46 miles, and its
cost was $212,753, or $13,750 per mile; its construction has fully
met

our

expectations.
Detroit

Lansing & Northern Railroad.

{For the

ending Dec. 31, 1880.)
The directors of this company submit their statement for the
year ending December 31, 1880, from which it appears that the
year

over those of the preceding year of $161,515.
The increase in
the cost of train movement, stations, insurance and other ex¬
penses incident to transportation (not including repairs and

renewals), is $53,570,

or 17*2 per cent.
The cause of this
increase is due to an accession of about thirty per cent to the
volume of tonnage transported in 1879, and to the additional

passenger service required by the connection made with the
Atlantic Coast Line, via Camden Junction. To the legitimate
increase from these causes must be added results arising from
the unprecedented bad weather during the last quarter of

739,004,
and netfor
fross
earnings
the year
were $1,203,151,
earnings,
$464,146—an
increase the expenses,
last year
of

1880, which not only increased the ordinary expenses of move¬
ment, but—by retarding the delivery of freight to consignees at
Charleston and the movements of our ocean connections,—

1,369 tons of iron rails (over old rails sold)

greatly enhanced the cost of terminal

over

$15,001.

Included in operating expenses

Fish Creek Branch
Additional grounds at Ionia &
Settlements of right of way
Steam excavator

was

the cost of—

$55,500
29,300

!

Lansing

lu|oOO

23,000

5^500

-

$132,300
INCOME, EXPENSES AND NET EARNINGS FOR FOUR YEARS.
From passengers
From In i glit
From miscellaneous

1878.

1879.

1380.

$230,731

537,502
45,810

$280,142

094,372

780,704

38,926

42,024

$314,074
852,931
35,545

....

Total receipts
Total expenses

Net

1877.

$205,242

receipts

.

$788,500
505,014

$970,033 $1,108,932 $1,203,151
597,835

059,787

739,004

$282,910

$372,198

$149,145

$404,140

INCOME

The

following is

Balance of account

a

ACCOUNT, 1880.

187?-

January 1, 1880
$15Q 845
10, 1890, from earnings

*• • • *

1880,

151,480- $1,365

,

as above

464,140

Tota1-*-

The disbursements have been

$105,512
as

follows

Total interest on bonds for year
"'Miscellaneous interest paid for year
7 per cent dividend on preferred stock, paid

:

-

Aug!"id*.

“

service.”
*
*
*
“
It is a gratification to be able to state that, except for such
additions to its present equipment as may be rendered necessary

by the volume of its traffic, no further extraordinary expendi¬
will be required for the maintenance of its machinery
and rolling stock. The extraordinary expenditures for renew¬
als will, in the future, be restricted principally to the purchase
of rails; but the requirements in this direction are of such
magnitude as to forbid the expectation of any considerable in¬
crease in the net earnings of the next twelve months.”
The earnings and expenses in 1880, as compared with 1879,
follows:
EARNINGS.

'246

1879.

Freight
Passengers

I75 22i

45,635—450,153

$919,007
;...

201,938

1880.

Increase.

$931,950
251,405

$112,888
49,527
*996

Express

10,346

Mail

17,174
3,193

12,402
19,429
2,501

2.05G
2,255

$1,052,023

$1,217,750

$165/732

Other

$15,357

The bonded debt was decreased in 1880
by the payment of
$81,000 Ionia & Lansing second mortgage bonds, which matured




mainly devoted to the improvement of the
property and the replacing of buildings and cars destroyed by
lire in January, 1880.”
*
*
The principal increase in the expenses of the roadway de¬
partment has been in renewals of rails. The renewals of the
last three years have aggregated 78M miles, yet the renew¬
als have not kept pace with the deterioration. At least fifty
miles should be laid during the year 1881 to replace rails very
badly worn, most of them chair rails that have been long in

we re as

Balance to credit of income account after paying dividend

February 15, 1881

diture has been

$229 050

1880, and Fe*>. 15, 1881
242 per cent dividend on common stock paid August
10> 1880
of

expenses, both as regards
The remainder of the increased expen¬

tures

condensed statement:

Less dividends paid Feb.
Net earnings year

labor and insurance.

sources

Total
*

Decreaso.

April

THE

1881.5

9,

EXPENSES.

Conducting

transportation,.. #221.362
^2 971

Motive power-------

of cams
Maintenance of way

$202,501

$11,139

210,093
82,108
259,477
54,953

08,537

10(-’q ;t)

Maintenance

705

General expenses

_

$375,793

$714,278

Total

1879.

395

CHRONICLE,

29.423

19,197
3,217

1880, under

a

decree of the Court of Chancery of New Jersey-

in the foreclosure suit of “ Coe et al., vs. The New Jersey Mialand Railway Company et al.,” and was purchased by a com¬
mittee representing the first mortgage bondholders of said

paid was $2,500,000.
organized March 24,1880, but did not tak&
$161,515
possession of its property until May 16,1880.” * * “There had
18S0.
$341,962 been deposited in the Central Trust Company of New York, under
company. The price
“This company was

$337,745
719
the control of the Bondholders’ Committee, $2,948,500 of the
07-9
first mortgage bonds of the New Jersey Midland Railway Com¬
Railroad Company.
pany.
These bonds were used as part payment for the road.
{For the year ending Dec. 31, 1880.)
The railroad thus acquired by this company extends from the
The annual report shows the following income account:
junction with the Pennsylvania Railroad at West End or Marion
Net eaniings over expenses
$127,211 —about 2/£ miles from the Jersey City ferry—to the State Line
expenses
to earnings
Camden & Atlantic

earnings over

Vet

Ratio of expenses

Disbursements—
Interest on

the States of New York and New Jersey, at or near
Unionville, State of New York—a distance of about 71 miles.
At Unionville it connects with the Middletown Unionville &
Water Gap Railroad, to Middletown, about 14 miles.” [Leased

between

t(,7rn.

....

bonded debt

Interest on mortgages ou real estate —
Interest on temporary loans
state tax for the year 1880
State tax for years ’76, '77, *78 and *79

~

0,330
2,629
7,5') 1
15,096

to the Midland of N.

Sundry Items

^

Net income

$22,432

1877, 1878 and 1879, were
a portion of the tax for those years, the payment of which was
withheld in order to test the constitutionality of the claim,
the payment to the State being made under protest. Proceed¬
ings are ordered to test the legality of the tax, and it is
believed will result in restoring to the treasury of the company
The items

of tax for the years 1876,

the full amount
The following

paid to the State.
is a comparative statement of business iu 1879

and 1880:

receipts.

3 879.

Passengers

Freight
.

Express
Ferry....

1,020

106,953
32,460
51,726
3,135
3,744
5,180
1,775
1,020

7,305

247

30,382

3,359

Dividend of Sea View Hotel Company

bonds

Total
Total

82,887

3,744
3,521
1,870

Rent of real estate
News agency

Premium second mortgage

$292,589

49.842

May’s Landing Branch
United States Mail

operating expenses
on bonded debt, taxes, etc

Interest

Receipts over operating expenses,

Dividends declared
Balance to credit of profit and loss
Balance to debit of profit and loss.

1830.

$311,538

$495,472
$293,345
88,659

$371,626

$382,005

$476,355

iuterest, &o.$L13,467^

$22,482

29,335

80,215

$198,838
104,728

42,544

20,061

J.]

Company to
End north¬
ward, was disputed by the Hudson Connecting Railway Com¬
pany.
The latter company was made defendant in the fore¬
closure proceedings, and their claim was disallowed. All of the
bonds of the Hudson Connecting Railway Company, and all but
sixty shares of its stock, are now the property of this com¬
pany.” * * *
“In Jersey City, this company is still forced to depend upon
the Pennsylvania Railroad.
The terminal charges are very
large, and are considered excassive, but the facilities are so
good it has been deemed inadvisable to make any change.
“This company has obtained the privilege of using the tunnel
now in process of construction through the Bergen Hills, if
it shall seem desirable so to do, upon payment of a proportion
of the interest upon the cost of the tunnel, based upon the
amount of freight and passengers actually using the tunnel
and terminal property.”
Under the scheme of reorganization there had been issued up
“The title of the New Jersey Midland Railway
about 4/6 miles of the road, extending from West

to

January 1, 1881:

First mortgage

bonds in exchange for principal of old first

mortgage bonds

.•

Stock iu exchange for accrued interest upon first mort.
Income bonds, class A, in exchange for principal and
est of second mortgage bonds

$2,f37,600

b’uds 2,349,194
inter¬

class A, in exchange for third mortgage
bonds, stock, claims, &c
Income bonds, class B, in exchange for third mortgage
bonds, stooks, claims, <fcc
Scrip No. 1, in exchange for third mortgage bonds, stock,
claims, &c
Scrip No. 2 in exchange for stock

1,904,490

Income bonds,

694,442

1,417,322
1,015,760
64,720

,4<These figures show the result of a management against two
The sum of $197,287 has been received on account of assess¬
competing roads operating between the same terminal points, ments. This amount was received as follows:
the competing roads bending all their energies to direct freight¬ Deficiency in first mortgage bond coupons
$337
67,456
age and travel over their own lines, and naturally tending, not Income bonds, class A
Income bonds, class B
106,789
only largely to reduce the business of this company, but also Scrip
No. 1
22,705
greatly to increase its expenditure in obtaining and keeping
business and for conducting transportation, etc. Under these
$197,287
circumstances it is gratifying to reflect that the gross receipts
There wa9 due January 1, 1881, on account of assessments,
have increased $3,365, and tne net receipts, without deducting the sum of $29,466, which has since been collected.
the amounts paid for State taxes and arrears of interest as
In addition to the sum of $123,500, which was paid to the
aforesaid, are reduced only by the sum of $73,088, as compared Master in Chancery who conducted the sale of the road, used
with the year 1879.”
*
*
*
by the Master to pay off claims declared by the Court of
may’s landing road.
Chancery to be first liens upon the road, this company has
“No management of this road, no matter how energetic and been forced to pay the large amount of $131,904 in settlement
of indebtedness incurred by the Receivers and left unpaid by
watchful, can enable it to earn its operating expenses.
them.
•Operat’g exp’s for 1879, includ’g rental of road and State tax. ..$10,066
Total earnings
J. 3,359
The annexed statement of the income account of this com¬
pany
shows the earnings of the road for the period of seven
Excess of operating expenses
$6,706
and one-half months covered by this report. No report of the
Operating expenses for 1830
*
«
$9,339
Total earnings
3,135 operations of the re ad for the year 1879 was ever made by the
Receivers. The apparently greater amount of gross receipts
Excess of operating expenses
$6,204 in the years 1877 and 1878 is accounted for by the system of
This road was built by the May’s Landing & Egg Harbor drawbacks and rebates which was in vogue at that time.
City Railroad Company of old iron rails and a low grade of
RECEIPTS FOR SEVEN AND ONE-HALF MONTHS (MAY 16 TO JAN. 1.)
cross-ties at a cost of $70,000, of which $37,500 was on mortgage
1880.
1878.
1877.
$98,183
$98,003
$94,985
7 per cent bonds] In the month of June, 1873, a lease of this Passenger
286.184
318,883
322,287
road was made for 999 years to the Camden & Atlantic Rail¬ Milk ami freight
16,593
38,665
43,934
express and miscellaneous
Mail,
road Company at a yearly rental of $5,000 and the taxes to the
$400,961
$185,557
State of New Jersey. The lease was made by the then direc¬
$163,207
Total earnings
tors of the Camden & Atlantic Railroad Company, without sub¬
DISBURSEMENTS FOR SAME PERIODS.
$264,752
$372,357
mitting the same to their stockholders for, and without obtain¬ Advances, drawbacks & oper. exp’s $338,635
14,831
14,159
account
19,691
Construction
ing their, approval.”
* * *
*
“ The present board
24,492
25,822
26,550
of directors are now advised by counsel that the said lease is Middlt’n, U.& \V. G. RR. Co. (rental)
-not operative or
$303,405
$413,011
$131,876
Total disbursements
binding on the Camden & Atlantic Railroad
$97,556
$72,546
Company without the approval of its stockholders; that such Net earnings
$28,330
approval is necessary to its legality. The road-bed, as to its
OTHER EXPENDITURES FOR TIIE SAME PERIODS.
ties, bridge-work ana rail is in a dilapidated condition, and will Equipment
$49,302
$41,252
$11,907
3,593
4,993
7,581
require an outlay of about $30,000 to restore it to a proper con¬ Right of wav
12,330
dition for travel. Its only value is its old iron about, and Steol rails (proportion not included)
less than, $20,000. The question of the approval of this lease
$57,166
$54,296
$19,133
ct

.

...

,

•’

submitted to the stockholders.
In the year 1879 a dividend of 3/£ per cent on the preferred
stock of your company was paid the stockholders. During the
is

“

a dividend of 3/2 per cent on preferred stock scrip
paid the stockholders on both the preferred and common
stock, on account of the earnings of 1879. The net earnings of

year 1880

GENERAL INVESTMENT

NEWS

Mississippi & Ohio.—At Richmond/Va., April 4, in
Judges Bond and Hughes pre¬
siding, the report of M. F. Pleasants, the Master who conducted
1880 have been carried to
capital account.”
the sale of the Atlantic Mississippi & Ohio Railroad, was pre¬
Midland Railroad of New Jersey.
sented, and Judge Shipman, counsel for the English bondhold¬
{For the period from May 16 to Dec. 31,1880.)
ers, asked the Court to confirm the sale.
After a conference be¬
The first report of this reorganized company has just been tween the Court and counsel, the form of an order of confirma¬
issued. Mr. Charles Parsons, the President, states in his remarks tion, including the manner in which the purchase money shall
that “the New
Jersey Midland Railway was sold February 21, be paid, was agreed upon. The order provides for the deposit
was

.




Atlantic

the United States Circuit Court,

THE CHRONICLE.

396

of f5,000,000 of the purohase money with the Union
pany of New York, and the balance, $3,605,000,

Trust Com¬

with the Fidelity

Company of Philadelphia, both subject to the order of
the Court, and upon evidence being furnished of the said de¬
posits having been made, a deed of sale is to be given to the
purchasers and the property handed over to them.
Bald Eagle Valley.—The stockholders of the Bald Eigle
Valley Railroad have agreed to the terms of consolidation with
the Moshannon and Bellefonte & Snow Shoe railroad com¬
panies.
Brooklyn Elevated Railway.—The time during which the
bondholders and stockholders of the Brooklyn Elevated Rail¬
road were allowed to sign for their 20 per cent assessments, in
accordance with the plan agreed upon by the Reconstruction
Committee, expired April 1. The totals signed for were as fol¬
lows : Bonds, $900,000; scrip for bonds, $212,000; stock,
$1,501,000; scrip for stock, $1,204,000, and unsecured creditors,
$1,300, making a total of $3,818,300 of the $4,900,000 entire
securities issued.
Trust

Cairo & St. Louis.—Mr. H. W. Smithers,

Receiver, makes

following statement of earnings and expenditures
year 1880, compared with the year 1879 :
the

Mexican Central.—The President of this road, Mr. Thomas
Nickerson, makes a report in which he states that the survey
of the line was commenced at the City of Mexico, under Howard
Schuyler, chief engineer, with a small force, the last of June,
1880.
The work of grading and bridging across the valley of
Mexico occupied much time, owing to the great number of cul¬
verts and bridges to be built, made necessary by the system of
irrigation ; and this delay was also aggravated by the rainy
season.
Track-laying was commenced about September 15,
1880.
The great revival of railroad-building in the United
States made it difficult to secure competent engineers, and
impossible to get orders executed promptly.
On September 15, Mr. Rudolph Fink, was elected General
Manager, and he reached his field of labor about the middle of
October, 1880. According to the latest accounts the grading is
substantially completed for fifty-five miles, and forty miles of
;rack have been laid. It is expected that the construction of
die road will be completed about April 15 to Tula (fifty miles),
and business opened at that city May 1.
In November the Mexican Government gave the company
authority to commence construction at Paso del Norte, and

for the

GROSS EARNINGS.

1880.

$77,373

Passenger

171,650
147,200
4,715

Freight
Coal

Express

earnings

4.066

7,977
4,388

$413,686

$270,858

Telegraph and miscellaneous
Total gross

1879

$65,352
148,276
40,797

8,430
4,317

Mail

'■

OPERATING EXPENSES.

$15,560
49,110
90,940
126,734
22,512

Conducting transportation—Passengers
Conducting transportation—Freight
Motive power
Maintenance of way
Maintenance of cars
General expenses

Total

operating expenses

Balance net

earnings

$11,831
30,090
52,088

94,214

24,762

13,539
20,176

$329,620

$221,941

$84,065

$48,917

$20,096

$8,857

11,401

6,851
16,255

8,430
6,253
8,013

$54,605

$31,554

$29,460

$17,362

.

OTHER EXPENDITURES.

Extraordinary expenses
Construction and equipment
Taxes
Cairo & St. Louis RR.

.

.

£o. (old account)

Total expenditures

.

.

Balance

.

Central of New Jersey.—The Philadelphia North

[Voii. XXXII.

American

of April 6 says ; “ The contract of the New Jersey Central with
the Philadelphia & Erie in Mr. Gould’s trunk line arrangement

immediate steps were

taken for work at that point.

Engineers are at work locating the line from the Gulf of
Mexico at Tampico to the Pacific, via the city of San Luis.
There have been ordered to Tampico two thousand tons of steel
rails, with their fastenings, and it is expected to commence con¬
struction on that section at an early date.
“The Government of Mexico has carried out faithfully the
provisions of the concession, and has treated the company with
great fairness; and our relations with the Government and the

people of Mexico are harmonious.”
The Treasurer presented the “ balance sheet of the general
ledger ” of the company for the fiscal year ending December
31, 1880, as follows :
Debit.
Main division: Accounts distributed in Mexican
construction
Accounts in Boston office for:
Office expenses
Marine insurance
Vouchers not apporfioned
<.
Chihuahua Division: Miscellaneous expenses

office for

7,800

'4,857

82,074
374

Guanajuato Division: Cost to date for 37*2 miles of narrow
gauge

On Tampico
rency

line concession, in United States cur¬
-

Total deposits, representing
currency
Cash assets as follows:
Bills receivable

130,000

$300,000 Mexican

264,000
23,000

40,327

it is

Subscriptions, namely, 35 per cent of subscriptions to 1,270
blocks of $1,250 each, less $5,950 unpaid

on

October 1,1881. The Trustees

required to give six months’ notice of the termination of the
license. This action is taken to indicate the purpose of the
Trustees to effect a sale, or a lease for a long time, of the road,
under the provisions of the act recently passed by the Legisla¬

*

$1,491,606

Total cost of road to date
;
[onte de Piedad: Deposit as guarantee to Mexican
Government on main line concession, in United

Cash in hands of B. T. Luzarder, Cashier, Mexico.
Accounts of Mexico office not apportioned
Cash in hands of David Brown <fc Co., London
Cash in hands of S. W. Reynolds, Treasurer

that the license will terminate

436,762

road purchased....

would have been signed by this time had not the magnates
of both parties taken it into their heads to make an important
modification. It was confidently expected that the autograph
of the officials whose consent was necessary would be affixed to
the important document at the beginning of this week, but now

authoritatively given out that this will not be done for a
fortnight. The reason alleged for this postponement is that the
Pennsylvania is to be still further interested in the constitution
of the trunk line, by the substitution of the Northern Central
from Williamsport to Herndon, the same road’s Shamokin
Branch from Herndon to Mount Carmel, and the Reading’s
Mahanoy Branch from Mount Carmel to Tamaqua, for the
Reading’s Catawissa line from Williamsport to Tamaqua.
The Catawissa Road is 101 miles long, and the new route as
above proposed is 99 miles.”
Cincinnati
Southern.—The Trustees of the Cincinnati
Southern Railroad have given notice to the “Cincinnati Southern
Railroad Company,” now operating the road under a license,

$962,737

69,441
11,180

08,805— 212,755
$1,971,362

Total assets
Credit.

Interest
Premiums on exchange
Notes payable

$1,883,175

3,972

80,618
0

3,597

$1,971,362

Total liabilities

New York Lake Erie & Western.—The report

of this com¬

pany for the month of February shows an increase in earnings
of $173,547 gross and $24,021 net. The following is the state¬
ment :
MONTH OF FEBRUARY.

earnings
Working expenses
Gross

Net

earnings

are

1880.

1881.

Increase.

$1,252,217

$1,425,765

909,633

1,059,160

$173,547
149,526

$342,583

$369,604

$24,021

OCTOBER TO FEBRUARY INCLUSIVE.
1879-80.
* 1880-81.

Gross

earnings

$7,176,376
4,860,288

$3,293,238

Increase.

$1,116,862

631,603
ture.
Net earnings
$485,258
$2,316,087
$2,801,346
Oar.—In
Pullman
Palace
2,
the
Chicago, April
stockholders
Georgia—Central of Georgia.—A dispatch from Augusta,
Ga., April 6, says that for several weeks there have been various of this company voted to increase the capital stock from
here in reference to railroad affairs, and Central & Geor¬
gia RR. stocks advanced rapidly, Central going up from 110
to 121.
Georgia stock advanced from 115 to 143.. This after¬
noon Central declined to 115 and Georgia to 130 to 135.
The
rapid advance in Georgia was caused by efforts to purchase a
controlling interest. It is rumored and believed that parties
rumors

Working expenses

5,491,891

$6,000,000 to $8,000,000.

Philadelphia & Reading.—George M. Dallas, Master under
receivership, has filed his account for the month of Febru¬
ary, showing total receipts of $2,548,515. This includes a small
balance carried over from the previous month. Of this sum
there remained unexpended on March 1, $304,182. The deferred
favorable to the Central Railroad interest have secured suffi¬ income bond account showed,
up to March 1, a balance on hand
cient stock to control the Georgia Railrbad. The parties pur¬ of
$265,564. The account of the management of the Reading
chasing have large interests in the Central & South Carolina Coal & Iron Company for the month of February shows receipts,
Railroads.
The combination embraces the South Carolina,
including a small balance carried over, of $1,199,383, of which
Central and Georgia Railroads, which roads will be worked in the balance on hand March 1 was $52,997.
harmony with the Louisville & Nashville combination.
—The Receivers of the Reading announce that they will buy
Green Bay & Minnesota.—At [the annual meeting of the the April interest and coupons of several divisional coal land
stockholders the following directors were elected:—Moses mortgage bonds of the Coal & Iron Company, as follows: SwaTaylor, William E. Dodge, Samuel Sloan, Percy R. Pine, tara tract, 6 per cent per annum; Houtz, Meyer & Kinnear, 5
Edward T. Hatfield, Jr., B. G. Clark, New York; John I. Blair, per cent; Salem Coal Company, 4 per cent, agreeing that the
Blairstown, N. J.; R. B. Kellogg, Green Bay; W. J. Adams, principal and subsequent accruing interest on the said bonds shall
Green Bay.
The directors will meet in a short time, probably retain priority of lien over the coupons and interest so pur¬
in New York City, to reorganize the company after the recent chased.
'
sale of the road to the bondholders.
Spartanburg & Asheville.—This railroad was sold at Spar¬
Memphis City Debt.—The Tennessee Legislature passed a tanburg, April 4, to Joseph Walker, representing a committee
bill to settle the debt of this city on new bonds for 33per o: bondholders, for $111,000. Colonel Coleman, representing the
cent of the old, carrying 4 per cent interest.
lien creditors, bid $100,000, and Dr. R. M. Smith bid $110,000.




the

APRIL

THE

1881.]

9,

COTTON.

0ic ©jcrmntmial
^"commercial epitome.
Friday Night,

Friday, P. M.,

April 8, 1881.

cold ai
wintry. Snow has fallen even in Southern latitudes, and frosts
.as far South as Northern Mississippi are reported to have done
The effect, besides stimulating
great injury to the fruit crop.
some speculation in leading staples, has been unfavorable to
trade. As we write, however, the temperature is more spring¬
like and there are indications that the weather will continue to
improve.
The cold and backward spring has delayed trade in
some departments.
The following is a statement of the stocks of leading articles
The

of

weather the

past week has been unseasonably

domestic and foreign

merchandise at dates given :
1881.
Mar. 1.

bbls.
..tcs. and bbls.

Tobacco,

Tobacco,

foreign

..

domestic

bags.

Coffee, Rio

Coffee', other

Coffee, Java,
Sugar

mats.
hhds.

&c.. -.

boxes.

Sugar

Sugar

Melado

Molasses,
Molasses,
Hides
Cotton
Rosin

;

foreign..
domestic.

Spirits turpentine

.

54,789
5,920
68,972

20,938
2,143

21,651

30,731

23,730
36,487
70.930

62,300
133,000
37,840
0,951
876,173

33,333
122,237
71,300
•

123,851
39,780
235

048,200

408

300

3,485

2,800
2,500
260,500
202,851
77,851
3,210
1,199

4.258

3,542

1,373
6,000
113,430
282,947
43,229
4,337

946

748

19,800

11,720

5,250

2,950
55,700
10,500
2,000
55,400
1,327

2,210

67,000
9,500
1,300
48,200

925
None.

.bbls. and tcs.

Linseed
Saltpetre
Jute
Jute butts1
Manila hemp

April 1.

hhds.

Tar

Rice, E. I
Rice, domestic

1.

lilids.
bbls.
No.
bbls
bbls.

.

37,940
2,420
57,195
32,008
43,051
07,525
80,054
157,500
25,577
0,941
1,004,980

April

bales.

3,000
258,000
202,524
71,407

212

22.000
2.500
18,123
20.200

Rio coffee has been firmer but rather quiet at 12@12%c. for
fair cargoes; mild grades have sold moderately at firm and un¬

changed prices. Tea has sold lower at auction for all grades.
Spices have been quiet, and cassia and pepper depressed. Rice
has been fairly active and steady. Molasses has been moder¬
ately active and firm; boiling stock has been in limited supply
and firm at 31@31/£c. for 50-test; Porto Rico has been quoted
at 36@50c., and English Islands at 35@38c.
Raw sugar has
most
of
the time been dull and nominally unchanged
at 7 3-16@7 5-16c. for fair to good refining, but latter¬
ly fair refining has been quoted at 7%@7 8-16c.; the close was
quiet but steady; refined has latterly been very quiet; the clos¬
ing quotations are firmer—9%c. for crushed and cut loaf, 9/£@
9%e. for powdered and 9%c. for granulated.
Kentucky tobacco has been much more active for export.
The sales for the week amount to 1,799 hhds. for export, and
214 for home consumption, a total of 2,013 hhds.
The export
demand was mainly to fill the Government contracts for Spain
and France. Prices are without essential change; lugs quoted
at 4/£@6c. and leaf at 5M@13c. Seed leaf has remained quiet,
and the sales for the week are only 1,047 cases, as follows, all
from the crop of 1879: 450 cases Pennsylvania, 12@40c.j 150
cases New England, 14@30c.; 100 cases Ohio, 4@12c.; 200 cases
State, private terms, and 147 cases Wisconsin, 3/£@12c. Also,
550 bales Havana at 82c. @$1 15.

provisions, particularly
at the close, when a sharp improvement in Chicago was followed
by a material advance here. Old mess sold on the spot at $16
for reinspected; regular contract lots quoted $16@$16 50, new
at $17; May options realized $16 85@$16 95@$17.
Bacon was
dull but steady at 8%c. for long and 8%c. for short clear; halfThere have been further advances in

and-half,.
8%c. Lard higher in sympathy with the Western ad¬
vices: prime Western, llTOc.; April sold at ll*10@llT2/6c.;
/.

April 8, 1881.

The Movement of the Crop, as indicated by our telegrams
from the South to-night, is given below. For the week
this evening (April 8), the total receipts have
85,696

ending
reached
bales last week, 93,690 bales the previous

bales, against 78,514
week and 108,200 bales three weeks since; making the total
receipts since the 1st of September, 1880, 5,176,322 bales, against
4,532,385 bales for the same period of 1879-80, showing an increase
since

bales.

September 1, 1S80, of 643,937

Indianola, &c.

1,765 15,144
394
1,125

Mobile

.

....

Brunsw’k, &c.

1,373

&c.

....

4,920

2,107

117

227

521

588

34,922
2,972

....

....

22

22

1,857

1,037

6,817

....

....

....

.

1,158

1,051
....

Wilmington
Moreli’d C.,&e
....

....

....

977

2,005

City Point,&c.

509

....

....

921

2,155

1,080

13,650 14,912

85,696

390

003

30

93

737

319

....

670

132

40

Totals this week 10,903 23,210 13,035

9.980

1,108

7,758

654

2,610

376

Pliiladelp’a, &c.

201

984

1,124
....

201

560

6,794
3,148
2,655
3,174

1,477

Baltimore

292

1,190

242

386

Boston

228

39

984

....

....

889

New York

228

02

39

....

....

....

....

....

....

7,181

1.205

1,229

2,010

28

....

....

Norfolk

855
47

77

91

4,338

0,G48

....

Charleston
Pt. Royal,

.

901

753

Savannah

.

91

....

....

8,457

1,644

1,423

1,186

....

....

....

New Orleans...

279

2,570

1,355

Galveston

Total.

Fri.

Thurs.

Wed.

Tues.

Mon.

Sat.

Receipts at—

Florida
1880.

1881.

397

CHRONICLE.

625

1,506

564

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 the corresponding periods of last year.
Receipts to
April 8.

Th is

Since Sep.

This

Week.

1, 1880.

Week.

8,457

2,172

91

89

607,616
14,668
34,922 1,405,469
360,961
2,972

Galveston

Indianola, &c..
New Orleans
Mobile

...

209

19,867

6,817

1,265

703,430
3,631
429,392
30,619
74,772
26,295
517,092
148,811

201

7,758

639,943

8,194

981

200,720

770

6,794

3,148
2,655

129,182
134,866
26,518

2,410
2,307

3,174

45,799

1,136

7,181

..

228

Royal, &c.
Wilmington
M’liead City,&c
Port

292

Norfolk

City Point, &c.
New York
Boston

Baltimore

Philadelphia, &c.

85,696 5,176,322

Total

In order that
ve

436,614

20.171

Brunswick, &c.
Charleston

Sej).
1,1879.

1881.

1880.

85,500

35,479

7,581
14,009 1,383,225 276,098 248,479
337,021 35,608 37,439
1,376

810,221
4,830
583,856
48,868
113,284
29,350

Savannah

Since

22

Florida

Slock.

1879-80.

1880-81.

2,196
C51
233
191

115

174,35i
137,577
15,488
36,619

37,323 4,532,385

5,086
38,381

19,899

35,865
1,478
3,586

30,692

21,768

15,914

......

3,453

195,060 281,417

13,613
14,724
17,925

9,910
9,912
12,739

730,99l) 719,034

comparison may be made with other years, we
leading ports for six seasons.

below the totals at

1880.

1881.

Receipts at—

1879.

8,548
34,922

2,201
14,009

Mobile

2,972

Savannah....

6,817

Charl’st’n.&c

7*409

1,370
1,265
2,847

Wilm’gt’n, «fcc
Norfolk, &c..

493

424

8,742
15,793

6,964

All others....

0,177

4,487
11,630
3,484
4,403
2,395
1,304
9,5.84
7,499

Tot. this w’k.

85,696

37,323

44,851

Galvest’n,&c.
New Orleans.

Since Sept.

1878.

1876.

1877.

1,104
10,489
9,502

2,225

2,625

4,174
16,592
2,461
2,341
2,358
1,955
6,418
5,321

51,391

21,183

41,620

5,161

1,721

14,222

7,918
1,372
3,573
1,359

3,070

3,420
3,823

390

’

3778,419 3855,106
1. 5170,322 4532,385 4218.354 4004,'; 35

May ll-12^(o)ll-15c.; June, HT5@ll‘20c.; July, ll*20@ll*25c.;
Galveston includes ludianola; Ckarleston includes Port Royal, &c.;
to the Continent quoted ll*25c. Beef and beef hams quiet Wilmington includes Moreliead City, &c.; Norfolk includes City Point. <fcc.
refined
and unchanged. The stocks in the United States, March 1,
The exports for the week ending this evening reach a total
showed an aggregate of 414,225,000 pounds of meat, including of 141,492 bales, of which 66>935 were to Great Britain, 19,248 to
pork, or 54,400,000 pounds less than at the same time last year. Trance and 55,309 to rest of the Continent, while the stocks as
The stock of lard is 86,425,000 pounds, or 79,890,000 pounds less made
up this evening are now 730,991 bales.
Below are the
than a year ago. This makes an aggregate decrease of 134,290,000 pounds of product, equal to the product of 760,000 hogs.
From Sept. 1.1880, to Apr. 8,1881.
Week Ending April 8.
The packing in the West since March 1 is reported at 385,000
Exported to—
Exported
to—
Exports
pounds to date, against 700,000 pounds last year.
from—
Conti¬
Great
Naval stores have latterly been very quiet, and the position
Conti¬ Total
Great
Total.
France
nent.
France
is weak and nominal at 41c. for spirits turpentine and $1 70@
Week. Britain.
nent.
Brit'n.
$1 75 for strained to good strained rosins. Petroleum in better
84,851 379,229
257,177 37,201
5,605 20,051
14,446
export demand and firm at 7%c. bid for refined here; crude Galveston
716,729 265,499 265,202 1,247,430
62,161
21,855
11,812
28,494
certificates were much higher, with an active speculation, clos¬ New Orleans..
7,419
67,476 17,088
91,982
3,588
3,588
Mobile
ing at 91 7/qg. bid. Ingot copper moderately active at 19%@19%c.
for Lake. American and Scotch pig irons , rails, in fact the Florida
6,338 188,124 37,866 255,206 481,196
6,338
Savannah
metal market generally, is dull and without especial interest.
184,712 58,288 184,938 427,938
14,37?
8,485
5,888
Charleston
11,222
69,812
1,444
57,148
Ocean freight room has been more active, the demands coming Wilmington...
1,812 286,621
2,850
281,959
chiefly from the grain trade. Petroleum vessels fairly active. Norfolk
64,984 372,305
1,550 12,137 31,335 277,445 29,896
17,648
York
73,288
to-day
03/
^.Dgagements
were: Grain to Liverpool by steam, New
73,288
2,033
2,033
d/4@5d.; cheese, 25s.; bacon, 20@22s. 6d.; flour 2s. per bbl. and Boston
18,745 105,93?
87,192
889
889
15@17s. 6d. per ton; grain to London by steam, 63^d.; do. to Baltimore.
102
40,324
726
40,222
726
Glasgow by steam, 6d.; do. to Hull by steam, 5%@5Md.; do. to Philadelp’a,&c
894,461 8,576,063
Leith by steam, 6%d.; do. to Bristol by steam, 6/£d.; do. to
66,935 19,248 55,309 141,492 2,231,470 450,132
Total
706,104 2,981,013
315.463
Amsterdam by steam, 6^d.; do. to Hamburg by steam, 1 mark.
8,998 70,483 t ,958,446
Total 1879-80 49,037 12,448
Gram to Cork for orders, 4s. 9d. per
qr.; do. to Lisbon, 12%c.
•Includes exports from Port Royal. &c.
per bushel; refined petroleum to Limerick, 3s. 6d.
.




......

.

•

•

•

•

*•••••

......

......

......

......

....

......

......

......

CHRONICLE.

THE

398

In addition to above exports, our telegrams to-night also give
the following amounts of cotton on shipboard, not cleared, at
the ports named. We add similar figures for New York, which
are prepared for our special use by Messrs. Carey, Yale &
Lambert, 60 Beaver Street.

ns

On

Futures are shown by the follow¬
In
this statement will be fonnd the
ing comprehensive table.
daily market, the prices of sales for each month each day, and
the closing bids, in addition to the daily and total sales:
The Sales

Shipboard, not cleared—for
Leaving

April 8, at—

Great
Britain.

Fi'ance.

Other

Foreign

Coast¬
wise.

Stock.

Total.

[Vol. xxra,

OQ
P

H

m

m

n
CD

«

CD

CD

rr

go

Prices

and

'U
o

si

cd o

S oa*

s'Sg.g

23,770
6,300
2,625
4,500

Mobile
Charleston

Bavannah
fialveston

Hew York
Other ports
Tot al
*

16,012

28,912

559

69,283

206,815

5,685

1,800
8,900
3,700

550
150

21,273

2,000

14,335
11.675
9,200
25,249
*9,000
11,000

to© ®

186,060
53,479

5,101

149,742

581,249

None.
None.

5,281

8,178

10,948
5,000
8,000

None.
None.

3,000
1,000

61,143

29,875

52,623

1,000
842
None.

pCl

p**89

►>

■^1

9

3.

rt>

24,190
29,181
60,251

•a

c:
tw

•

hip?

£ ©©3

lo-tg
Oo

•

speculation in futures, though not active, was at hardening prices during the first half of the week under review. The
weather was severely cold, frost being reported as far South as
Mississippi, and evidently calculated to delay the germination
cf seed planted. Foreign advices were rather better; and these
The

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delivery for the week are 455,100
bales. For immediate delivery the total sales foot up this week
9,212 bales, including 3,239 for export, 5,361 for consumption!
562 for speculation, and
in transit. Of the above, 300 bales
were to arrive.
The following are the official quotations and
sales for each day of the past week.

Ordin’y.$tt>
Strict Ord.

&

$

9

a
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v= w C7» 9
& g) io 3
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up lands.
The total sales for forward

Sat.

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dull and the close nominal at 10 13-16cfor mid¬

Sat.

•

g*

?.
p

B:
05

© •

ci

O

prices, extending to the next crop, notwithstanding a pretty free
crop movement. To-day the market wras very depressed,' by
rumors of failures in Liverpool, among parties wrho had to receive
cotton on April contracts, and most of the recent advance was
lost. Cotton on the spot has been fairly active for home con¬
sumption, with a moderate export demand. Quotations were
advanced 1-16c. on Tuesday and again on Thursday. To-day

Moil XU 08

05

O

2

OD © ©

M[—r*
^

T1

ci

1 ©

opening was quite buoyant, iu sympathy with much better
accounts from Liverpool, and there was a further advance in

Sat.

■si

6©"

M

less favorable, but the smaller movement of
the crop, at the interior towns as well as at the ports, led to a
further advance, most decided for this crop. Yesterday the

April 2 to
April 8.

•i

i2g|

p

9: -

B
©

Of-

©

E*® ®

’do.

CD

-1

were

NEW ORLEANS.

(J5

n

05

o
OD ©

OD-

P c-IVJ

*

9?

© OD p

?rv

|

M M

UPLANDS.

►-■ *—*

&C3 © P*

60-*

0.

comparatively quite low, caused a demand to cover contracts.
The " short ” interest was quite small, however, and the volume
of business was below the average in extent. On Wednesday

was

©

6©
0

influences, taken in connection with the fact that prices were

the market

o go

®

flO

o

Included in tins amount there are l,Oi)u bales at presses lor loreigu

foreign advices

P*

ert

_,

P

•

2
®

OD -

—
-i

© •

© •

oo

•

p •

§; i
n

porta the destination of which we cannot learn.

-

00

P
05

2

®

OD O

E7©
® C*
u a •
ST

o
rn

Ob®®

OD ft © OB

a

Hew Orleans

——f

3

O

a

op

107s

1 ©

1 ©
M^*

©0
1 lb©
1

:

Mj-i

.

1

1

9©
w©

1

M(d
© O

1 to©

£

MCI

©O
1 tb©
1

I I

00

-1

05

Cl

! ©

1 ©

!

1H,C lHl6
11%

11%

12

1258

12
12 5g

1330

1338

Th.

Frl.

6*2
73s

6%
75q

89,g
916,6

c*

1 ©

©:

I ©:
; I

©

2

1 ©:

! ©;

i

:

1

s
«5C

:

Includes sales in September for September, 621,400; Sept.-Oct. for
Oct., 946,500; Sept.-Nov. for November, 762,100; Sept.-Deo. for Decem¬
ber, 1,464,500; Sept.-Jan. for January, 2,583.900; Sept.-Feb. for Feb¬
*

lb

Good Ordinary—
Strict Good Ordinary

Low Middling
Middling...

63s
7L}

()3s
7L3

87,0
9‘3,8

87ib

8^

8^

80,6

913,0

978

97a

91o16

6716
79,6

67i0
70,6

Short Notices for

—

8ALES OF SPOT AND

SPOT MARKET
CLOSED.

Bat.. Quiet
Firm
Mon

and steady

.

Toes.
Wed

but

8t’y,i16dc

Ex¬

port.

i,o

Quiet
Total

adv.

441

822
620

2,459




on

365
313

9J
442

852
928

3.289

5,361

Spec-

436
76
m

•

562

above are actually
which they are reported.

The daily deliveries given

vious to that

TRANSIT.

Tran¬
sit.
sump. ut't'n

1,312

‘

.

Thors Firm, at

Con-

Tuesday, 10-60;

Wednesday, 10-65; Thursday, 1080; Friday, 10-60.

MARKET AND SALES.
a-

ruary 2,372,700; Sept.-Marcli for March, 3,466,100.
Transferable Orders—Saturday, 10-55; Monday, 10-55;

m

m

Total.

FUTURES.

Sales.

Deliv¬
eries.

1,756
3,281

62,600

1,100

66.800

1,471

52,200
68,600

94,400
1,370 110,500

400
500
400
300
300

9,212 455.100

3.000

38-i
945

delivered the day pre.

The

April—Monday, 10-52, 10-53; Friday, 10 61.

following exchanges have been made during the

•20 pd. to excli. 200 April for June.
-09 pd. to exch. 400 May for June.
•27 pd. to exch. 100 Sept, for Aug.
•08 pd. to exch. 2,000 June for July.
•13 pd. to exch. 300 June for Aug.
•12 pd. to exch. 100 Juue for July.

At

the

•13 pd. to exch.
*08 pd. to oxch.
*45 pd. to exch.
•14 pd. to exoh.
•05 pd. to exch.
•14 pd. to exch.

week:

100 June for

July.

200 May for June.
800 Deo. for Sept.
100 June for Aug.
500 July for Aug.
1,000 Juno for Aug.

Interior Ports the movement—that

is the

receipts

for the week, and stocks to-night, and for the
corresponding week of 1880—is set out in detail in the foliowmg
and shipments

_tatement;

Aran.

THE CHRONICLE.

9.1881-J

Receipts. Shipm’ts
1,507

Augusta, Ga.....

548
184
694

Columbus, Ga...
Macon,

Ga....

-•

Montgom’ry,Ala.

6,240

Total,old ports..

10,404

Dallas, Texas.

11,792
1,586

Vicksburg, Miss.
Columbus, Miss..
Eufaula, Ala—
Griffin, Ga*
Atlanta, Ga
Borne, Ga..-.. ..
Charlotte, N. C..
St. Louis, Mo—

Cincinnati, 0....

ports

Stock.

785
365
39
587
220

236
430
362
558
291

13,708
11,041
1,995

3,439

5,941

91,688

494

126

15,198

6,746
2,915

7,944 143,291

19,140 139,677

5,929
135

213

2,099

100

175

300

G50
35S
64
103

618

42

9,401
2,527
1,136
2,305
1,110
10,360
4,109

347

228

423

753

1.494

1,565

1,186
2,178

240
247
175

946
288

3,275
2,333
11,075
5,401
3,740
2,816

240

598

744
488

4,506

11,816
8,611

..

Shreveport, La..

Total, all
Tills year’s

859
779
404

775

Jefferson, Tex...

Total, new

705

ending April 9, ’80.

Receipts. ShipnVts

Stock.

20,217
14,058
(5,333
8,339
5,966
72,505
12,259

3,015
*

456

Ala.
Memphis, Tcnn..
Nashville, lenn.

.-Selma,

Week

April 8, *81.

Week ending

411

715
311

6,443
2,672

7,418
4,444

Bast Indian, Brazil,

1,486
378
40
67

157
'

500

574
428

746
410

49,787
10,250

2,524
2,420

4,663
3,472

1,564

64,158
10.135

15,249

23,213 110,202

7,555

12,268 109,204

25,653

42,353 249,879

13,184

20,212 252,495

totals show that the old interior stocks have de¬

creased daring the week 8,736 bales, and are to-night 3,614
biles less than at the same period last year. The receipts at
the same towns have been 4,475 bales more than the same week
last year.

Stock at Liverpool

bales.

Btoo^London,»<«i
Total Great Britain stock.

70.800

218,000

210,339

143,000

192,000
43,000

30,259

52.750

25,000

504,924
361,000
487,750
.2,479,870 1,996,333 1,854,554 2,162,867

3.051,670 2,501,257 2,218,554 2,650,617

into Continental ports this week have been.

figures indicate an increase in the cotton in sight to¬
night of 550,413 bales as compared with the same date of 1880, an
increase of 833,116 bales as compared with the corresponding date
of 1879 and an increase of 401,053 bales as compared with 1878..
Receipts

Plantations.—The following table is
of indicating the actual movement each
from the plantations. Receipts at the outports are some¬

made

1980.

up

1879.

1878.

821,000
43,000

655,000

587,000

46,643

57,250

744,000
10,000

644,250
183,000

754,000
227,250

from

prepared for the
wees:

the

purpose

times misleading, as they are
than another, at the expense of

therefore,

a

made

largely

up more

the interior stocks.

safer conclusion through

a

one year

We reach,

comparative statement

like the following. In reply to
freqpient 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
which finally reaches the market through the out-ports.

crop

RECEIPTS FROM PLANTATIONS.

Week

Receipts at the Ports.

ending—

telegraph, is as follows. The Continental stocks are the figures
of last Saturday, but the totals for Great Britain and the afloat
for the Continent are this week’s returns, and consequently
brought down to Thursday evening; hence, to make the totals the
complete figures for to-night (April 8), we add the item of escorts
from the United States, including in it the exports of Friday
1881.

1878.

190,000
10,000

571,800

.

supply

Qgf" The imports
68,500 bales.

23

only:

1879.

312,000
57,250
26,750

45,000

Total East India, Ac.
Total American

Jan. 21

as

1880.

181,000
46,643
36,683

43,000

Egypt, Brazil, Ac., afloat

by cable and

Cotton,

The Visible Supply of

bales.

London stock
Continental stooks
India afloat for Europe

Total visible

1881.

195,000

die.—

Liverpool stock

These

figures estimated.

The above

S99

II

II

11

»l

18

II

23

83.266
78.490

4

Mar.
II

11

t«

18

(1

25

....

1881.

1879.

60,202
60.698

8

18-80.

358,074
361,880
357,916
345,975
327,034
316.972

78.451 133,931 165.619 303,279
64.388 140,123 159,418 289,998
49,611 108.200 14! ,612 231,047

53,419

54,283 47,393
44,851 87,323

April 1
II

1880.

148,848 168.280 138.879 218.585
167,097 137,191 125 070 220.935
171,608 112,363 147,129 214,11?
150,841 119,854 133.723 190,765
134,323 115.307 146,539 182,246
110.047 102,995 138,359 170,438

4

Feb

1879.

Stock at Interior Ports

1881.

1879.

1880.

1881.

274,293 133,997 173,971 135,813
273,565 109,447 140.997 134.34a
282,489 104,790 108,399 150.053
279,523 127.489 107,913 130,757
278,763 125.809 90,410 145,784
284,155 93,239 92,883 143,745
288.548 78.447 64,758 138,323
2c5,017 72,289 51,085 136,597
237,314 42.396 40,662 110.497

93,690 131,463 268,120 277,992
78,514 116,879 259,223 268,519
65.693 107,005 252 495 249,879

The above statement shows—
1. That the total receipts from

Rec'pts from PlanVns.

50,549
39,699
34,977

a*,492
40,496

84,303
67,101
30,595 68.906

Stock at Marseilles

864,000
150,000
3,600

Stock at Barcelona

19,400

Stock at Hamburg
Stock at Bremen

6,500
40,300

Stock at Amsterdam

41.800

701,643
58,250
1,632
28,240
2,800
23,382
16,800

2,570

3,412

43,500
7,250

760

367

3,750

7,250

That, although the receipts at the out-ports the past week
85,696 bales, the actual movement from plantations was
only 68,996 bales, the balance being taken from the stocks at the
interior ports. Last year the receipts from the plantations for
the same week were 30,595 bales and for 1879 they were 34,977

9,000

bales.

Stock at Havre

.Stock at Rotterdam

2,000

6.250

1880-81

were

23,500

34,000

1878-79

were

3,500
22,250

Stock at Antwerp
Stock at other contl’ntal ports.

8,370

4,800

7,000

Total continental ports....

273,80^

139,683

295,750

Total European stocks.. ..1 ,137,800
India cotton afloat for Europe. 218,000

841,320

940,000

210,339

143,000

Amer’n oottoa afloat for Eur’pe

641,000

452,519

515,000

45,000
730.991
139,677

30,259

25.000

709,319
143,291

479.549

29,000

5,000

9,000

Egypt,Srazll,&c^aflt for E’r’pe
Stock in United States ports ..
Stock in U. 8. interior ports...
United Sts tea exports vo-day..

63,294

7,000

39,500
43,500
12,000

628,000
43.000

533,234
63,558
6,000

515,000

554,000
333,000
628,000

709,319
143,291

479,549
63,294

533.234
63.558

5,000

9,000

6,000

474,000

475,000
269,000

Continental stooks

203,000

103,000

American afloat for Europe....
United States stock
United States interior stocks..
United States exports to-day..

641,000

452,519

730.991
139,677

29,000

2,339,663 1,8S7,129 1,810,843 2,117,792
East Indian, Brazil, dc.—
,

.

.

,

36,683

26,750

52,750

210.339
30,259

143,000

25,000

192.000
43,000

501.924

364,000

487.750

181,000

218,000

45,000

.

112,000
57,250

190,000

46,643

195,000
43,000
70.300

2.

were

Weather Reports by Telegraph.—The weather, the past
week, has not in general been very favorable for farm work. In
1,139,750
the Atlantic States, especially, it has been extremely cold, ioe
192,000

American—

626,000

5,393,230 bales; in 1879-80 were 4,777,579 bales; in
4,319,707 bales.

.

385,750

Total visible supply
...2,941,468 2,392,053 2,174,843 2 605.542
Oltlie above, the totals of American and other descriptions are as follows:

Liverpool stock

,

4

the plantations since Sept. 1 in

10.000

forming even in Georgia.
Galveston, Texas.—We have had welcome showers on two
days the past week, the rainfall reaching one inch and forty
hundredths. Many sections are needing rain, but not badly as
yet. Planting is making good progress, and young crops ara
doing well. Average thermometer 63, highest 75 and lowest 51*
Indianola, Texas.—We have had light showers on three
days the past week, and more wanted. The rainfall reached
twenty-seven hundredths of an

highest 85 and lowest 51.

,

,

inch. Average thermometer 66,

Corsicana, Texas.— It has rained on one day the past week,
the rainfall reaching forty-three hundreths of an inch. We are
needing more rain. Planting is making good progress. The
thermometer has ranged from 35 to 83, averaging 61.

had

good shower

day thsr <’
past week, the rainfall reaching fifty hundredths of an inch.,
More rain is desirable. The thermometer has ranged from 35 to
83, averaging 61. - *
Brenham, Texas.—We have had a shower on one day the
>ast week,the rainfall reaching twenty-five hundredths of an inch.~
Slore rain is deeded. Average thermometer 62, highest 84 and
Dallas, Texas.—We have

a

on one

.

•

.2,369,668 1,887,129 1,810,843 2,117,792
Total visible

supply

Price Mid. Upl., Liverpool....

The above

2,941,463 2,392,053 2,174.843 2,605,542
6*16(1.
6d.
7J4d.
6%!.

figures indicate

to-night of 549,415 bales

as

an

increase in the cotton in sight

compared with the same date of 1880,

increase of 766,625 bales as compared with 1879 and an in¬
crease of 335,926 bales as compared with 1878.
In the preceding visible supply table we have heretofore only
included the interior stocks at the seven original interior towns.
As we did not have the record of the new interior towns for the
four years, we could not make a comparison in any other way.
That
an

difficulty. no longer exists, and we therefore make the fol¬
lowing comparison, which includes the stocks at the nineteen
towns given weekly in our table of interior stocks instead of only
the old

seven

towns.

We shall continue this double statement for

time, but finally shall simply substitute the nineteen towns for
the seven towns in the
preceding table.
a

American—

Liverpool stock

bales

continental stocks.:
afloat to Europe....
United States stock
tt

.united

626.000
203,000

474,000

6 41,000

452,519
709,319
252,495
5,000

730.991

ltates
interior stocks.. 249,379
States
exports to-day..

Total American




29,000

103,000

475,000
269,000
515,000
479,549
107,005
9,000

554,000
333,000
628,000
533.234
108,633

6,000

2,479,370 1,996,333 1,854,554 2,162,867

lowest 40.

Waco, Texas— It has been showery on one day the
week, the rainfall reaching twenty-five hundredths of an

past
inch.
We are not having enough rain. Planting is making good
progress. The thermometer has averaged 61, ranging from 4Q.
to 83.
'
Nero Orleans, Louisiana.—It has rained on three days the *
past week, the rainfall reaching twenty-six hundredths of an inch.

averaged 58,
Shreveport, Louisiana.—The weather during the past week
has been dry and clear, the rainfall reaching but twenty-two
hundredths of an inch. The roads are in a good condition.
Average thermometer 58, highest 81 and lowest 36.
Vicksburg, Mississippi.—It has rained on one day the past
week, and the rest of the week has been pleasant.. Planting ia'
making good progress.
Columbus, Mississippi—We have had ram on one day the
past week, the rainfall reaching twenty-eight hundredths of am
inch. Planting operations are very backward.
Little Rock, Arkansas.—Friday, Saturday and Monday of the
past week were clear, the remainder of the week has been cloudy,
with rain on Wednesday and Thursday. The rainfall reached
forty-eight hundredths of an inch. Average thermometer 47:^
The thermometer

.

THE

400

The thermometer last week averaged
50.
Nashville, Tennessee.—It has rained on three days the past
week, the rainfall reaching one inch and eighty-one hundredths.
Average thermometer 41, highest 62 and lowest 28.
Memphis, Tennessee.—Telegram not received.
Mobile, Alabama.—It has rained severely on two days, and
has been showery on two days the past week, the rest of the
week being pleasant. The rainfall reached two inches and six
hundredths.
Preparations for planting are making good
but
progress
are late. The thermometer has averagecT 54,
ranging from 32 to 69.
Montgomery, Alabama.—It has rained on two days the past
week, the rainfall reaching two inches and two hundredths. We
had heavy rain last night. The thermometer has ranged fTom
30 to 77, averaging 53.
It rained on one day the previous week, and the rainfall reached
twenty-six hundredths of an inch. The thermometer averaged
53, the highest being 73 and the lowest 34. Rainfall for Ihe
month of March five inches and forty-five hundredths.
Selma, Alabama.—We have had rain on one day the past
week, the rainfall reaching two inches and forty-five hundredths.
The weather has been too cold, ice forming this week in this
vicinity on one night, but as the week closes there is a favorable
change in the weather. Planting is making good progress.
Average thermometer 55.
Madison, Florida.—Telegram not received.
Macon, Georgia.—We have had rain on one day the past
week. Average thermometer, 51; highest 72, and lowest 28.
Columbus, Georgia.—It has rained severely on one day the
past week, the rainfall reaching two inches and sixty hundredths.
Ice formed this week in this vicinity on two nights. The ther¬

highest 67 and lowest 23.

mometer has

[Vol. XXXII.

CHKONICLE.

000s omitted.

1879-80.

1880-81.

April 1.
Balts of 400 lbs. each.
Oct. 1 to

Great

Conti¬

Britain

nent.

Spinners’ stock Oct 1.
Takings in October...

143,

280,

Conti¬
nent.

27,
234,

156

390,
511,
461,

164,

137,

27,

Gi'cat

Britain

Total.

423,

Total.

”12r*

94,

307,

280,

587,

Consumption in Oct..

267,

210,

477,

261,
261,

250,
200,

Spinners’ stock Nov. 1
Takings in November.

40,

316,

70,
239,

110,
555,

000,
282,

50,
190,

309,

665,
483,

282,
248,

240,
225,

645

Total supply

Total supply.

Consumption in Nov..

356,
269,

214,

50,
472r

,

522^.
473,

49^

Spinners’ stock Dec. 1
Takings in December.

87,
371,

95,
315,

182,
686,

34,
323,

15,
322,

supply
Consumption in Dec..

458,

410,

357,

335,

265,

868,
600,

337,
256,

694,
543,

Spinners’ stock Jan. 1
Takings in January..

123,
269,

145,
241,

268,
510,

340,

81,
284,

151,
624,.

386,

778,

410,

365,

775,

Consumption in Jan..

392,
270,

214,

484,

262,

208,

470,

Spinners’ stock Feb. 1
Takings in February.

122,
289,

172,
313,

294,
602,

148,
335,

157,
264,

305,

411,
272,

485,
216,

896,
488,

483,

421,

904,

262,

208,

470,

139,

269,
310,

408,
645,

221,

335,

278,

213,
240,

434,
518,

474,

579,

1,053,

499,

453,

952,'

Total

Total supply

Total supply

Consumption in Feb.
Spinners’ stock Mar. 1
Takings in March

ranged from 30 to 70, averaging 55.

Total supply

287,

70,

599r

327.
259,
586,
610,
270,
Savannah, Georgia.—We have had ram on two days the past Consumption in Mar. 340,
week, and the rest of the week has been pleasant but with high
194,
172,
366,
443,
.309,
134,
winds. The rainfall reached one inch and fifty-six hundredths. Spinners’ stock Apr. 1
The thermometer has ranged from 33 to 72, averaging 53.
For the purpose, however, of making the comparison with
Augusta, Georgia.—We have had light rain on one day
last year more striking, we bring together the above
past week, with a rainfall of eighteen
an
The weather has been cold ana windy. Planters are sending add the average weekly consumption up to this time for the
their crop to market freely.
two years.
The thermometer has

hundredths of

from 31 to 69.

50, ranging

the
inch.
averaged

Carolina.—It has rained on one day the
past week, the rainfall reaching only one hundredth of an inch.
Average thermometer 51, highest 70 and lowest 32.
The following statement we have also received by telegraph,
showing the height of the rivers at the points named at 3 o’clock
April 7,1881, and April 8,1880.
April 7, *81. April 8. '80.

totals and

Charleston, South

Feet.

2
4
15
Memphis
29
1
28 10
3
16
Ha8hville
Above low-water:mark... 12
O
Shreveport
Above low-water mark... 15
10
22
O
Vicksburs:
Above low-water mark... 41
3
43
2
New Orleans reported below high-water mark of 1871 until
Sept. 9,1874, when the zero of gauge was changed to high-water
mark of April 15 and 16, 1874, which is 6-10ths of a foot above
1871, or 16 feet above low-water mark at that point.
Overland Movement for

will be found our

Great

Conti¬

omitted'

Britain

nent.

000s

April 1.—In our editorial

columns

overland statement to April 1.

Total.

Great

Conti-

Britain

nent.

121f
3,248,

1,647,

1,550,
1,356,

3,369,
3,003,

443,

172,

194,

366,

53,0
53,0
53,0
53,5
54,0

120,0
120,0

58.0

50,0
50,0

54,0

122,0

62,0
64,0
65,5
65,5
65,5

108,0
112,0
115,0
117,5
117,5
117,5

137,

164,

27,

1,561,

3,421,

1,792,

1,887,.
1,753,

1,698,
1,389,

3,585,'

1,819,

3,142,

134,

309,

In February

67,0
67,0
67,0
67,5
68,0

In March

68.0

Supply
Consumption
Spinners’ stock Apr. 1

Total.

94,
1,456,

27,
Spinners’ stock Oct. 1.
Takings to April 1 ... 1,860,

Feet. Inch.

Inch.

Below high-water mark..
Above low-water mark...

Hew Orleans

Bales

1879-80.

1880-81.

April 1.
of 400 lbs. each.

Oct. 1 to

Weekly Consumption.
00s omitted.
In October
In November..

In December
In January

120,0
121,0
122,0

51,0
52,0
52,0
52,0

foregoing shows that the weekly consumption in Europe
was 122,000 bales of 400 pounds each, against
ceived by cable this week Mr. Ellison’s cotton figures, brought
down to April first. As Mr. Ellison each month revises his last 117,500 bales for the same month of 1880.
Juts Butts, Bagging, &c.—There is not so much doing in
year’s statements in accordance with the change discovered in
bagging, the speculative feeling having subsided. The
average weights, we have this week begun to have cabled, and for small parcels continues good, and the feeling is steady.
shall hereafter continue to receive, the totals for that year also, There has been no change in prices, and holders are quoting
for
9M®9}6c. for 1% lbs., 10@10^4c. for 2 lbs., and
so that the reader may have a correct comparison. - It will be seen
standard grades. Butts are in about the same position, and
that, notwithstanding the dull trade reported, European con¬
beyond a few small orders little business has been done. We
sumption is continued at the large total of last month. First hear of only 700 bales being placed, for which full figures were
we give the spinners* takings in actual bales and pounds since
paid. At the close the market is firm, and the lowest figuresOctober first, with the average weight of bales for the two we hear named are 2%c. for paper quality and 2%@3c. for bag¬
ging grades.
seasons.
European Cotton

Consumption to April 1.—We

The

have re¬

for

March

demand

Comparative Port Receipts and
From Oct. 1 to

April 1.

Great Britain.

Continent.

Total.

Takings by spinners.. .bales

1,643,030

1,423,060

3,066,090

453

439

446

weight of bales....
744,292,590
Takings in pounds
Average

624,723,340 1,369,015,930

For 1879-80.

Takings by

spinners.I .bales

1,539,850

1,349,030

2,938,880

bales....

451

432

442

717,022.350

5S2,780,960

1,299,803,310

Average weight of
Takings in pounds

comparison of the port movement by weeks is not accurate,,
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 yeaf-s named. The movement each month
since September 1 has been as follows:

as

1880-81.

For

Year

Monthly
Receipts.

According to the above the average weight of the deliveries
is 453 lbs. per bale to April 1, which is the Sept’mb’r

in Great Britain

reported to March 1. The Continental
deliveries average 439 lbs., against 443 lbs. last month. The
consumption the past month has been, in Great Britain, 340,000
bales (or 68,000 bales per week), and on the Continent, 270,000
bales (or 54,000 bales per week), as stated below. In the fol¬
lowing table we give the stock held by the mills, their takings
and their consumption each month since October 1, all reduced
to bales of 400 lbs. each for this season and last season.

same

as

the average




Daily Crop Movement.—

A

October..

1880.

458,478
968,318

Novemb’r 1,006,501
Decemb’r 1,020,802

January
February.
.

March...

571,701
572,728
476,582

Total year 5,075,110

Pero’tage of tot. port
receipts Mar. 31 . J

1879.

333,643
888,492
942,272
956,464

647,140
447,918

264,913

Beyinning September 1.
1878.

288,848
689,264
779,237

893,664
618,727
566,824
303,955

1877.

1876.

578,533
822,493

236,868
675,260
901,392

900,119
689,610

787,769
500,680

472,054
340,525

449,686
182,937

98,491

1875.

169,077
610,316
740,116
821,177

637,067
479,861
300,128

3,757,682
4,480,842 4,140,519 3,901,825 3,734,592
89-58

93-10

89-78

92-48

S9-66

that up to Mar. 31 the receipts at the
™rts this year were 594,268 bales more than in 1879-80 and
034 591 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
This

32s Cop.
Twist.

“

1876.

1877.

1878.

1879.

1880.

3,901,825 3,734,592 3*757,682
Tot.Mr.31 5,075,110 4,480,842 4,140,519
S.
8,735
15,764
9,393
5,922
15,516
Apr. 1 —
8.
5,311
2....

10,903

«

3....

8.

«

4....

23,210
13,035
9,980

5....
6....

<•

8....

8.

6,649
5,114
14,158
5,817

10,317

8.

11.236

8.

*

5,491

8,237
6,338
6,243
5,264

13,656
14,912

7....
«

9,831

5,570
6,785

8,298
6,524

“

8.

11,515

9,222

15,839
7,094
9,576
4,483
10,114
6,441

6,277
4,836
3,083
4,915
3,164

11
18
“
25
Mar. 4
“
11
“
18
“
25

5,176,322 4,527,668 4,198,533 3,970,676 3,762,178 3,819,964

Total

of total
rec'pts Apr. 8

Percentage
port

-

91*14

92*32

—

—

— w ~

-—--

——

91*37

94*41

90*52

—

xrw

Apr. 1
“

SH lbs.

CotVn
Mid.

Shirtings.

Up ds

d.
d. s. d.
s.
d
93s® 1014 6 97s®8 2's
93e®10A| 6 978®8 27s
O^IO^ 6 10*2®8 2"'b
9*2® 10*8 6 10^®8 27s
91^1038 6 10^8 27e
9*4® 978 6 9 ®710^
9*4® 97e 6 9 ®7 10io
9 ® «78 6 7J«®7 9
9 ® 978 6 7^®7 9
9 ® 97e 6 9 ®8 0

Feb. 4
“

1881.

1880.

1881.

statement shows

different years.

the

40 i

CHRONICLE.

THE

1$81-]

9,

Apbil

8

The Exports

of

Shipments this week.
Year Oreat Conti¬
BriVn. nent.

Total.

FOUR YEARS.

Receipts.

Shipments since Jan. 1.
Great

Conti¬

Britain

nent.

1881 6,000 34,000 40,000 109,000
1880 5,000 8,000 13,000 113.000
15,000 15,000 60,000
1879
1878 10,000 29,000 39,000 154,000

This
Week.

Total.

189,000
163,000
110.000

298,000 43,000
276,000 48.000
170.000 41,000

215,000

369,000 36,000

Since

Jan. 1.

461,000
455,000
316,000
475,000

63 IQ

63ia
6

61ie

s.

3
6
9
9
9
6

@8
©3
®S
®8
®8

4Lj®8
41a®8
41a®8
4^®8

Uplds

d.

d.

6
6
9
9
9
3
3
3
3
3

*74
7^
738

*

7&16
73s
73q
7^4
73a

7^4
714

Cotton from New York this week show an

the total for the

same

period of the previous year:

Exports of Cotton (bales) from New

York since Sept. 1,1980.
Satne

Week ending-

Exported to—

Total

March March March
30.
23.
16.

to the same

BOMBAY RECEIPTS AND SHIPMENTS FOR

63ie

d.

S.

®113* 7
11*8 ®ll% 7
11 *9 ®1218 7
<7
113s ®12
7
113e ®12
11*4 ®11* 7
11
® 11^ 7
11
®llb2 7
11
^11^ 7
11
®11L} 7

’

the total reaching 31,335
Below we give our usual
table showing the exports of cotton from New York, and their
direction, for each of the last four weeks; also the total exports
and direction since September 1, 1880, and in the last column

to-night are now 648,654 bales more than they were to the same
day-of the month in 1880 and 977,789 bales more than they were

day of the month in 1879. We add to the table
the percentages of total port receipts which had been received to
April 8 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 7.

63s
638

d.

d.
11

Shirtings.

increase, as compared with last week,
bales, against 13,216 bales last week.

”

r

d.

69ie
G7ie
67ie

CotVn
Mid

SH lbs.

32s Cop.
Iwist.

April

since

period
previ’us

6.

Sept. 1.

year.

806

8,263 10,742 14,347 261,998 262,219
500 3,301
7,006
700
15,447

Total to Great Britain 10,918

8,963 11,242 17,648 277,445 269,225

10,142

Liverpool
Other British ports

28.49C

1,400

818

1,550

29,896

19,635

956
200

1,614

9,823

29,169
18,144
15,913

23,010
13,151
2,324

1,156 12,137

63,226

38,485

460
1,278

3,206

1,738

3,206

1,035

Total French
Bremen and Hanover

....

Hamburg
Other ports
Total to North. Europe

947
200
332

508
500
100

1,479

1,108

Spain, Op’rfeo, Gibralt'r.&c

700

*“75

All other

75

Total Spain, Sc0

19,635

150

1,400

818

1,085

Havre

Other French ports

*•••••

13.216 31.335 372,305 330,551

Grand Total

The Following are the Receipts of Cotton at New York,
appears
compared with last year in the weeVs receipts of 5,000 Boston, Philadelphia and Baltimore for the past week, and
bales, and Tan increase in shipments of 27,000 bales, and the sinse September 1,1880:
shipments since January 1 show an increase of 22,000 bales.
Baltimore.
Boston.
New York.
Philadelphia.
The movement at Calcutta, Madras, Tuticorin, Carwar, &c., for
This
Since
Since
This
Since
This
Since
This
from—
the same week and years has been as follows.
week. Sept. 1. week. Sept. 1. week. Sept. 1. week. Sept. 1.
.

„

.

__

___o

decrease

CALCUTTA, MADEA8. TUTICORIN.

CARWAR. RANGOON AND KURRACHBE.

Year.

Great
Britain.

1881
1880
1879
1878

Conti¬

64,000
87,000
50,000

11,000
17,000

5,000
8,000

15,000

Total.

53.000

117,000

26,000
39,000
31,000

113,000
89,000
46,000

the

and for the cor¬
weeks
and
of
the
two
previous
responding
periods
years, are as
follows.

shipments this week and since January 1,1881,

Shipments
alt

to

Europe

from—

Bombay

1879.

Since
Jan. 1.

This
week.

Since
Jan. 1.

This
week.

40,000

293,000

13.000

276.000

11,000

113,000

Allother p’rts.
Total.

ALL INDIA.

1880.

1881.

40,000

298,000

24,000

389,000

Since
Jan. 1.

This
week.

170,000
89,000

15,000
17,000

259,000

32,000

This last statement affords a very interesting comparison of the
total movement for the week ending April 7, and for the three
years up to

date, at all India ports.

Alexandria Receipts and Shipments.—Through arrangements
we have made with Messrs. Davies, Benachi & Co., of Liverpool
and Alexandria, we now receive a weekly cable of the movements
of cotton at Alexandria, Egypt.
and shipments for the past week
of the previous two years.
Alexandria, Egypt,
April 7.

The following are the receipts
and for the coiresponding week
1880.

1831.

Receipts (cantars*)—
This week....
Since Sept. 1

23,000
This

Since

week. Sept.

I

Exports (bales)—
To Liverpool
To Continent

3,193.000

2,707,000

1.

8,000 211,000
14,528 115,563

This
week.

Since

Sept. 1.

7,000 279.750
986 155/281

Savannah
Mobile
Florida.

4,153 130.350
1*647 89,386
1,355 204,281

...

The above totals for this week show that the movement from
the ports other than Bombay is 11,000 bales less than for
same week last year.
For the whole of India, therefore, the total

EXPORTS TO EUROPE FROM

N. Orl’ans
Texas....

Conti¬
nent.

Great
Britain.

Total.

nent.

6,000
9,000

Shipments since January 1.

J

Shipments this week.

1879.

7,000
1,552,000
This
week.

Since

Sept. 1.

6,000 150,000
2,000 67,000

.

S.Car’lina
N.Car’lina

Virginia..

7,220

3^291

1,941

349

24,483

20,827

2,150

5,200

2,402

11

4,739
457 134,250
279 37,509
1,876 208.370

......

a>

*

#

344

56.618

m

m

<&

#

.

......

m

»

•

•

•

m

.

a

.

...

......

North, pts

4,615

4,677 134,673

Ao.

6,794 129,182

2,085:107,912

1,623 38,345

Tenn.,

...

.

.....

410
......

530
201
539
......

2,374

47,352
......

17,648
18,570

86,705
132

24,460

51

2,699

96

1

This year. 16,623

945,381

9,605 341,900

1,628 61,114

4,054 194,867

Last year. 10.733 944.094

2,664 372.403

790 80,464

2.062 160.553

Foreign..

Shipping* News.—The exports of cotton from the United
States the past week, as per latest mail returns, have
114,275 bales. So far as the Southern ports are concerned, these
are the same exports reported by telegraph, and published in
the Chronicle last Friday. With regard to New York, we
include the manifests of all vessels cleared up to Wednesday

reached

night of this week:

Total bales.

2,892—
Arizona, 2,124
Algeria, 694
City of Chester, 1,093
City of Richmond, 1,019
Spain, 3,048
St. Albans,
per ship Lady Palmerston, 2.119
14,347
1,358
To Cork, for orders, per bark Europa, 2,201...
2,201
600
To Hull, per steamer Othello, 600
500

New York—To

To
To
To
To
To
To
To
To

Liverpool, per steamers Admillon,

Barrow, per steamer Assyria, 500
Havre, per steamer Voliner, 150/.
Marseilles, per steamer Ville de Marseilles, 1,400.
Bremen, per steamers Neckar, 552
Salier, 1,062

Hamburg, per steamers Frisia, 200
Suevia, 500
Rotterdam, per steamer Rotterdam, 600
Antwerp, per steamer De Ruytcr, 64
Reval, per ship L. L. Sturges, 4,825—per bark

2,253
To Cronstadt, per bark Topdal, 2.081
New Orleans—To Liverpool, per steamer

150

Vesta,

Mediator, 3,964—

1,400
1,614
700
600
64
7,078
2,081

8,295
3,947
per bark Bertha,
7,409
4,402......
To Rotterdam, per steamer Lartington, 1,988
,
1,983
To Genoa, per bark Ferreri, 1,593
1,593
Mobile—To Liverpool, per steamer Mobile, 3,184
per ship
6,954
Friga, 3,770
per ship Zouave, 4,331
To Havre, per steamer Le Chatelior, 3,947
To Bremen, per steamer Coronilla, 3,007

Charleston—To Liverpool, per barks Lois, 2.395 Upland and
276 Sea Island... Waeissa, 1.766 Upland and 285 Sea Island
To Havre, per bark Texas, 2,010 Upland
...

4,722

2,010
To Reval, per barks Ali, 1,125 Upland—Sylphide, 1.350
8.000
217,000
Total Europe
7,986 435,031
22,528 326,563
Upland
2,475
A cantar is 98 lbs.
2,13 0
Savannah—To Rotterdam, per bark Nereus, 2,130 Upland
To Reval, per ship Jane Fish, 5,800 Upland
Tiiis statement shows that the receipts for the week ending
5,800
To Cronstadt. per barks Elektra, 2,100 Uplaud....Premier,
April 7 were 23,000 cantars and the shipments to all Europe
3,770
1,670 Uplaud
were 22,528 bales.
To Barcelona, per bark Prosperidad. 677 Uplaud.
6/7
To Genoa, per barks Baltic, 1,675 Upland
Niobe, 1,700
Manchester Market.—Our report received from Manchester
Upland
v
3,375
to-night states that prices for shirtings have advanced, and that Texas—To
Liverpool, per ship Alice M. Minott, 3,655
per
the market is hard.
We give the prices of to-day below, and
barks Lord Collingwood, 1,410
Unity, 1,467—per •
leave previous weeks’
b:1g Watch, 1,011
7.54a
prices for comparison:
*




-

THE CHRONICLE.

402

Total bales.
To Bremen, per bark Lindola, 1,200—per bn# Fortuna, 773
1.073
To Reval, per barks Svea, 1,556
Tabor, 1,028...
2,584
Norfolk—To Liverpool, per steamer Leversous, 3,425
3,425
Baltimore—To Liverpool, per steamers Buenos Ayrean, (addi¬
tional) 1.832.. .Chilian, 702
Mikado, 3,721
6,255
To Bremen, per steamer Leipzig, (additional) 62
62
Boston—To Liverpool, per steamers Iberian, 1,938
Samaria,
4^0. ...Sardinian, 68
Scandinavian, 290
Tarifa. 590. 3,366
Philadelphia—To Liverpool, per steamers British Queen, 2,000
2,587
Indiana, 587
—
Total
114,275
The particulars of these shipments, arranged in our usual
ZDKX.kB-Contir.ued.

,

M-..

form,

are as

follows:

B remen dam Reval &
<£■ Ham- <£ Ant- CronHavre. burg. werp. stadt.
150 2,314
661 9,159

Liver¬

pool.
14,'

Rotter-

14,317
8,295 3,917 7,409
6.954
Charleston.
4,722 2,010

New York..
N. Orleans.
Mobile

Savannah
Texas......
Norfolk..,
Baltimore
Boston

6,255
3,366

PMladelp'a

2,537

.

Iona.

Genoa.

Total.

i,593

31,335
23.232

6,954
9,207

2.475

2,130

3,375

677

9,570

2,584

15,752
12,100
3,425

6,317
3,366
2,587

62

4,782 23,788
677 4,968 114,275
Included lu the above totals are from New York to Cork, for orders,
2,201 bales; to Hull, 600 bales; to Barrow, 500 bales; to Marseilles,
1,400 bales.
Total... 57,494

6,107 11,753

give all new3 received to date of disasters to vessels
carrying cotton from United States ports, etc.:
Leversons, steamer (Br.). from Norfolk for Liverpool, while moving out
from the wharf at Norfolk, March 30, fouled with the rigging of
ship John Buuyau, and the topgallantmast was broken.
Widdington, steamer, from New Orleans for Hamburg, before reported
sank in Halifax harbor by collision with steamer Canima, and
afterwards raised, was placed on the Marine Railway at Dartmouth,
N. 8., April 2nd, for examination and repairs.
Condor, bark (Br.). at Norfolk, loading for Liverpool, was damaged by
fire on March 27, and has been surveyed. It was found that her
starboard side was so badly damaged that it would have to be
renewed to her copper; she also needs repairs to rigging. The
small amount of cotton on her, 150 bales, was transferred to the
Below

m
;4! I

MONDAY.

Delivery.
April
Apr.-May
May-Juue
June-July

J
Delivery.
d.
6732 | Sept.-Oct
6#33 I Nov.-Deo
6i33 I June-July
...6310

Delivery.

d.
6
6

July-Aug
Aug.-Sept

6333
6&32

June-July

April-May

^

G3,*
516,*

0633

Tuesday.

6 @6*32
6®6iig

April.
Apr.-May
May-J uue
Juue-July
July-Aug

June-July
Apr.-May

Aug.-Sept— G°32^>5iq
Sept.-Oet
63 jq
Nov.-Dee. ..5i&i6®3l32
June-July
6*32

6332® *8
6^ i6

6^33 ®*4

(53.
6L
6U0

Oct.-Nov
Nov.-Deo

5i5jQ

"

Wednesday.

6iig
653j

April-May
May-Juue
June-July

69.32 j Nov.-Doc.
6732 I May-June
oq® j June-July

July-Aug
Sept.-Oct
Oct.-Nov

63lc3>732

6

6i$

6316

Thursday.

Barce-

1,933

1,973

7,543
3,425

[Vot. xxxir.

G333

Apr.-May

6033
6733
6»33

May-Juue
June-July
July-Aug.

Nov.-Doc
Jutie-Julv

6
6*4

July-Aug

65,Q
6 3a

Aug.-Sept

Anr.-Mav

May-Juno
July-Aug

.oq
6318
611,*

Sept.-Oct

6»33

Apr.-May
May-Juno
June-July

6^

Jlllj Aug

69,0

Sept.-Oct

67aa
533a
6518

6H32 j

Aug.-Sept

Friday.

6332
6533
614Sf732

Apr-May
May-June
Juue-July

6H32

Aug.-Sept
Sept.-Oet

OI32

Nov.-Dee

6*8
Gq
..6313
6^,3

April
Apr.-May
May-Juue
,i une- July
July-Aug

6%

6^32

Julv-Aug

65iq

Aug.-Sept
April

6H32 Nov.-Deo*
6110 Aug.-Sept

6l18
63la

BREADSTUFFS.

we

Friday, P. M.,

There

better export demand for
also more general, and

a

was

Trade

week.

was

April 8, 1881.

flour early in the
the better grades

readily, bringing very full prices. The advance was
promoted by a better market for wheat, and the severe weather
and floods in the Northwest keeping back supplies.
City
sold

more

millers have been very actively employed.
the market was dull, and the late advance

To-day, however,

in prices barely
supported. Rye flour and corn meal are scarce and dearer.
bark B. Hilton.
The wheat market was quite active and buoyant during the
Tolomeo, bark, oefore reported wrecked on the Tortugas. About 200
bales of cotton have been taken into Key West derelict, supposed
first half of the week, owing to the delay in the sowing season
to be from the wrecked bark Tolomeo, from Gaiveston for Bremen.
for spring growths in the Northwest.
Wintry weather pre¬
Cotton freights the past week have been as follows:
vailed, and floods had devastated extensive regions.
The
Fri.
Thurs.
Wednes.
Tucs.
Mon.
Satur.
export demand was very good, but the chief activity was for
the
speculative account. In the past two days prices have
3ig® *4 31G® *4 3i6® *4
^Liverpool, steam d. alG® X4 316®14 3ie®14
weakened.
The export demand fell off and speculation abated,
n04-*564
Do
sail...rf. 1164-1564 llG4-1564 ll64“l564 11e4~15i6 1164~l564
Lj*
V
tj*
under a return of somewhat better weather, and the close was
V
V
Havre, steam.:..c.
V
V
V
*2*
*2*
Do
sail
c.
dull; No. 2 red winter for May, $1 21%.
716®12 7lfi® *2 716®12
7iG®ki
71 e® *2
Bremen, steam, .c. 716
Indian corn improved somewhat, with a fair trade and a mod¬
716®L3 7ig® Lj 7ig® *2
7i6®ki
Do
sail
c.
7ig®
^
716® ^
erate export. But yesterday the market was dull, and to-day
^2*
V
L>*
^2*
q*
V
Hamburg, steam d.
716®
^
prices for futures yielded somewhat and closed flat; No, 2
Do
sail ...d. 7io®^
71G®12 71G®^ 7ic®kj 71G® ^
916
916
916
9ig
mixed for May, 54%c. White corn was less plenty and more
9ig
916
Amst’d’m, steam.c.
*2
hi
*2
*2
*2
Do
sail... d.
firmly held.
38
38
38
38
38
%
d.
Baltic, steam
19 V4®5i6
Rye lias been buoyant. Large sales were made early in the
c.
Do
sail
19G4®51G 1964®a16 1964®5ig 19(54®5ig
w ok at $1 08@$1 08/6, since which a further advance has been
Compressed.
demanded; but the close is quiet. Barley is unchanged and the
Liverpool.—By cable from Liverpool, we have the following business moderate.
statement of the week’s sales, stocks, &c., at that port:
Oats were very buoyant from scarcity early in the week,
1 March 18. March 25. April 1. April 8. choice white bringing extreme prices for seed; but to-day the
market was dull and lower, No. 2 graded closing at 47%c.
64,< 00
45,500
44,000
47,500
Sales of the week
bales.
52,000 for white and 47c. for mixed, with No. 2 mixed sold for May at
33.500
38,000
38.5<>0
Sales American
*

f*

♦

tOP

•

1

Of which exporters took ....
Of which speculators took..
Actual export

Forwarded
Total stock—Estimated
Of which American—Estim’d
Total import of the week
Of which American
Amount afloat
Of w'liieh American

4,100
1,130
4,000
15,500
786,000
599,000.
119,000
97,000

390,000
327.000

3,100

3,400

4,900

1,580

2,000

3,500
19,500
849,000
653,000
125,000
105,000
35*2,000
273,000

6.700
17,000

3,300
4,900
13,iOO
821,000

867,000
663,000
82,000
63,000
366,000
278,000

626,000
28,000

22,000
395,000
301,000

44c.

The

week ending

bean

as

Liverpool market for spots and futures

follows:

Saturday Monday.

Spot.
Market,

)

12:30 p.m

j

Mid. Upl’ds
Mid. Orl’ns

Market.
5 P. M.

Harden’g.

Firm.

Tuesday.

Thursday.

Wednes.

Firmer, & Fair defr’ction’ly m’nd free¬
dearer.
ly met.

Friday.

Spec.<fc exp.

Firm.

6

6

6

6116

61ig

0*16

6*16

61ie

6%

6 is

10,000
1,000

10,000
1,000

10,000
1,000

10,000
1,000

Firm.

5 P. M.

Spring superline
Spring wheat extras..
do XX and XXX...
Wis. <fc Minn, rye mix.

m

10,000
1,000

Steady.

Barely

Quiet.

Weaker.

d.
6*32

May-June

6332




Delivery.
June-July

d.
6533

July-Aug

0?32

5 75®
4 75®
5 50®

Firm.

Brandywine, &c

Red. wiuter
Red winter, No. 2
White
Corn—West, mixed
W«Mt. No. 2, lew.

50
*23

Western yellow..

75

®

Western white
South, yell’w,new
...

South. \vnite,now
6 75 1 Rye
Oats—Mixed
o 6‘0
White
5 85

Barley—Canada W.
3 00
3 10

State, 4-rowed...
State, 2-rowed...
Peas—Cau’da.b.&f.

(From the “ New T,ork Produce

10,000
1,000

Dull.

Delivery.
Nov.-Dee

270®

Flour,

d.
.6

....

Milwaukee..
Toledo
i

Detroit

Cleveland...
8t. Louis
Peoria

bbls.
(196 lbs.)
84.954
96.297

...

...

...

...

...

...

Grain.

lO
85
25
25
10

Wheat,

Corn,

bush.

bush.

(60 lbs.)
242.478
186.023
1. 8,2 41

(56 lbs.)
763,816

123,031

21,670
40,000

10,034
2,774
38,440

10,500
271.822

6,185

17,975

1 14 ®l 29
I 24Vil 25
1 14
®123
57 ® 60

5612®

59*2

58
59
57
59

60
61
60
61

1 07

®
®
®
®
®1
®

45
05

®

82

®

10
47
5*2

®1 22
®

95

18,100
386,135
540,735
391,600

lako aud river ports
Oats,
bush.

Barley,
bush.

Rye,
bush.

(32 lbs.) (48 lbs.) (56 lbs.)i
4.111
31 i.8 90 47,462
42.500 56,540 11,120
8,713
4,667
7,561
500
5,000
19.900
3,247
137.838 81,869
63,000 11,050 13.150
......

Duluth

Total
239,059 1,010.070
Same time ’80. 127,192
865,604

$1 12 ®1 23

Exchange Weekly.")

Receipts of flour and grain at Western
April 2, 1881:

of futures at Liverpool for the same week are given
fcelow. These sales are on the basis of Uplands, Low Middling clause,
unless otherwise stated.

Apr.-May

4
4
5 00® 6
4 75 w 5
4 65® 3
5 25® 6
6 5<>® 8
4 60® 5

3 9o®
4 50®

Western, &c

Chicago

steady

.

for the week ending

The actual sales

Delivery.
**

City shipping oxtras.
Southern, bakers’ and
family brands
Soutli’u ship’g extras.
Rye flour, supertine..

6*3

Saturday.

*

sliipp’gextras.

do XX ami XXX...
Patents

At—

)
$

|

$ bbl. $3 10® 3 60 Wheat—
superfine
4 10® 4 25 | Spring

No. 2
Winter

Ghe

Futures.

Market,

closing quotations:

Corn meal—

£
j

Sales

are

Flour.

Winter

each day of the
April 8, and the daily closing prices of spot cotton, have

The tone of the

following

2,162,056

3,021.732

591.402 206,588

430,270

77.506

32,128

31,21a

THE CHRONICLE.

9, 1881.]

April

Jwo
Rye

1878.

....bbls.

2,219.801

1,457,994

1,740,023

1,551.140

bush.

9.263,162
19.866.333

31,806.665

10.884.443

15.263.605

14.323,591

7,299,507
2,696,033

5,482,227
1,733.236

5,793,417
1,719,116

5,110,221
2,070,630

...

.

" ‘

Rarlev

1879.

1880.

1881.

Fiour...

...IV...

431,775

619,544

1^606.810

53.526,115

18,975.717

15,579,935

751.063

924,455

42.502,978 40,008,855
Comparative receipts (crop movement) at same ports from
August 1 to April 2, inclusive for four years:
Total ffrain

....

Wheat,

ports from Dec. 27 to April 2, inclu¬

Total receipts at same
sive.' for four years :
H

1880-81

1879-80.

1878-79.

1877-78.

403

In Store at—

rndianapolls
Kansas City
Baltimore
Down Mississippi.
On rail
Canal and river..

bush.
127.200
163.947

649.948
303,053
823,736

1,231,982

Corn,

Oats,

bush.

bush.

72,700
69.893
676,372
333.602

62.800

1,722,593
3,900,035

485,691
76,669

60,555

22,654

Barley,

*

Rye,
bushm

•

7,504

505

777

777

74,930

60,653
11,230

299,800

Tot. Apr. 2, *81.. 21,752.359 14,266,409 3.201,160 1,979.208
Mir. 26. ’81
21.413,148 14.295,889 3.384.643 2,139,201
Mar. 19. ’81
22,907,003 15.103,306 3,513,541 2.321,261
Mar. 12, *81
23,383.090 14,757,954 3,461.688 2,4d2.<>49
Mar.
5, ’81
24.356,235 15,662,758 3.408.45 4 2,868.123

April

.

bush.

3. ’80...... 24,382,845 15,163,048 2,769,185 2,033,927

433,801
522.433
626.091

656.691
703,652

690,543

Including 645,443 bushels afloat.

Flour

bbls.

5,833.933

4,656,745

4,481,579

4,323.534

Wheat

bush.

62.460,005
80,655.241

69.180.446
76,497,195

71.352,431
59,046,112

THE DRY GOODS TRADE.

21,753,427

57,80s,885
52,669,551

17,521,778

10,583.855

9,585.930

8,760,362

8,549 510

3.707.406

2,901.272

dry goods trade has dragged heavily the past week, the
was unseasonably cold, and buyers of spring and sum¬
mer fabrics were, therefore, apathetic.
The demand for staple
cotton and woollen goods of domestic manufacture was only
moderate and purchasers were apparently governed by actual
wants, the present condition of the market having effectually
checked all tendency toward speculation. The backwardness of
the retail trade (for which the unfavorable state of the weather
is wholly responsible) has militated against the demand for
foreign fabrics and business was exceptionally quiet with im¬
porters, save in the case of a few specialties, in which there was
a fair movement.
Values have not undergone any material
change, but such price revisions as were made were all in a
downward direction and in buyers’ favor.
Domestic Cotton Goods.—The export trade in domestics was
of good proportions, 5,041 packages having been shipped from
this port during the week ending April 5, including 1,835 to Chili,
1,828 to China, 522 to Great Britain, 383 to Hayti, 122 to United
States of Colombia, and the remainder in relatively small par¬

Ztrn

18.9*5.432

23,429,012

Rariev"’

Ue

3,442,230

2,943,581

185.071,694 177,611.333 164.620.238 139,450.996
Comparative shipments of Hour and grain from the same
ports from Dec. 27 to April 2, inclusive, for four years:
Total ^rain....

1881.

Wheat

(Urn "

1879.

1878.

1,207,930

1,792.721

1,560,156

..bush.

4,846,452
13,694,889
6,307,937
1,491,943

6,254,702
21.438,907
3,793,376
964,729

8,376.869
10,9*3,796
4,006,208
1,309,425

12,536.124
12.402,843
3,177,097
1,186.493

051,461

468,985

453.154

590,532

26,992,682

32,920.699

25,129.452

29,893,089

-

Bye.;.;;
Total*rain

....

from Western lake and river ports for the

Rail shipments

weeks ended :

Flour
Wheat

Oats"

1880.
Week

Week

April 2.

April 3.

April 5.

April 6.

124,994

126,390

133,110

bush.

618.836
1,418,5.*3
375,791

-

2,185.550
920,761
808,473
3,215,293 1,367,592 1,251,465
426,347
363,735
312,056
88,120
97,286
48.407

72,530

52,653

42.232

83,991

80,6 »7

2,533.403

5,957,544

2.833,303

2,501,048

-

Total

Rail and lake shipments
ending—
April 2...228.464
Mar. 26... 183.965
19...113.154

12...113,996

Tot., 4 wks.639,579
4 W’ks’80.453.490

from same ports for last four weeks:

Wheat,
bush.
921,889
456,928

Flour,
bbls.

Week

1378.
Week

228,464

Barley

Bye...

1879.

1881.
Week

bbls.

Corn

Mar.
Mar.

1880.

2,174,793

Oats

Bariev

'

bbls.

PiOUT

561,272
239,144

B irley,
bush.

Oats,
bush.
398,4 45

Corn,
bush.

1,752,195

bush.
72,530 52.653
62.533 62.236

359.o 19
452.785
336,077

1,376.378

2,023,402
996,375

Rye,

70.207

76.3S7

47,733

30,222

253.003 221,498
315.414 140,146

2,179.233 6,148.350 1.547.126
4,253,566 10.068,914 1.639,300

Friday, P, M., April 8, 1881.

The

weather

cels to other destinations.

There

was a

moderate demand for

plain and colored cottons by package buyers, with most relative
activity in the best makes, and a fair business was accomplished
by jobbers at somewhat irregular prices. Leading brands of 3
to 4 yard brown sheetings, popular makes of medium fine and
fine bleached goods, drills, and the best makes of ducks, denims,
ticks, stripes, corset jeans and quilts, were mostly steady in

agents’ hands, but low grade brown and bleached goods,
cheviots, cottonades, &c., ruled quiet and unsettled in price,
with a drooping tendency.
Oats,
Rye,
Burley,
Corn,
Wheat,
Flour,
Print cloths were in good demand
bush.
bush.
bush.
bush.
bbls.
bush.
At—
lower,
considerable
but
sales
of extra 64s64s and 56x60s having
134.946
934,442 766,265 120,734 69,250 50,786
New York
400
266,700 47,500 10,300
43,475
60.321
Boston
been made at 3Me. and 3/£c. for the respective grades.
Prints
5,000
2,200
Portland
1,550
20,000
were
in
18
irregular
a
was
report¬
demand,
and,
while
fair
business
Montreal
5,000
7,140
1,500
294,000 42,500 65,900
150,500
25,9)0
Philadelphia
5,000 ed in leading makes at unchanged prices, there was a break in
735,000 13,500
342.900
Baltimore
40,122
6 44,730 48,933
213,698
New Orleans
29,004
Hamilton fancies to 63£c., and Lodi (5Cx60) fancies were reduced
to
5c., which revisions caused an unsettled feeling in the mar¬
Total week..... 290.033 1,710.015 2.711,695 275,385 145.450
57,6*6
Cor. week ’80.... 162,076 1,689,795 4,376,985 626,556 29,9 43
14,65 . ket. Lawns, piques, wide prints and cotton dress good were
Total receipts at same ports from Dec. 27 to April 2, inclu¬
severally quiet in agents’ hands, but ginghams continued buoy¬
Receipts of flour and grain at seaboard ports for the week
ended April 2:

sive, for four years:
bbls.

Wheat
Cbm
Oats

2,677,864

2,23 4 833

13,733.611

11.209,806

20,773.629

21,53 4.018
483,718

32.40.),948
4,971,833
1,257.171
266,175

24,950.375
4,726,634
1,183,019640,794

17,57 4,261
26.307,812
3.215,925
1,800,416
909.724

42,630,450

50,110.933

52,274,454

49.808,138

5,370,754
1,503.349

Barley
Bye....
Total grain

....

1878.

2,298.616

3,421,051

bush.

1879.

1880.

1881.

Flour

Exports from United States seaboard ports and from Montreal

for week ending April 2, 1881:
Flour,
Wheat,

From—
New York
Boston

Corn,

Oats,

Rye,

bush.

bush.

bush.

Reas,
bush.

929,549

6,430

58,267

2,358

bbls.
101.689

bush.
655.007

23,442

24.271

136,797

929

20,000

8,115
2.565

396,410

486

132,342

262,764
722,244
562,392

Total for w’k 137.226
76.319

1,791,133

2,553,746

6,430

80.690

1,633,625

3,170,089

6,227

13,027

Portland
Montreal

Philadelphia.

.

Baltimore
New Orleans..

Same time’8o.

563.108

15,384

22,423
17,742
24,094

The visible supply of grain,

comprising the stocks in granary
principal points of accumulation at lake and seaboard
ports, and in transit by rail and on canal frozen in, April 2,
at the

In store at—

Wheat,

Corn,

Oats,

Barley,

bush.

bush.

bush.

bush.

87,893
190,009
180,060
112,565
204,125
273,808

Few York
Do. afloat (est.)

1,342,530

354,886

423,067

.***.*
;;;;;;
Milwaukee .!!.**!

3 5.500

13,000

93.000

270.017

...

Albany

Buffalo
Chicago
Duluth

Toledo....”"’]”
Detroit ...,7 V
Oswego

Bt.

.....

.....

Louis....*777

7."
.*771
Montreal
]]
Philadelphia
Boston
Toronto

...

Peoria




5,121

8,065,518 *4,760,747 1,443.452
3,267.450
29,711
30,061
5.090
1,330,000
57,743
446,186
2,203,975
647 678
10 910
10,179
24,000
641,121
49,667
225,451
51,542
289,524
23,520

64.000

8.500
9,417
290,000

Rye,
bush.
22.490
60,000
55.000
5,933
133.460
9.902
......

40,000
999

1,145,375
212,123

34,574
98,436

11,468
8,180

700

214.555

1,001
13,633

14,572
338,653

27,249
146,475

141

8,499

96,046

122,734

......

2,322

10,446

ant and firm.

Domestic Woolen

Goods.—The market for woolen goods has

displayed very little animation as regards the demand for
heavy goods adapted to the fall trade, and buyers have placed
orders with unusual caution notwithstanding the disposition of
manufacturers’ agents to meet their views as to price, &c.
Fair orders were however placed for a few of the most popular
makes of heavy fancy cassimeres, suitings and worsted coat¬
ings, by the clothing trade, but the general demand for such
fabrics has afforded scant encouragement to manufacturers.
Spring clothing woolens were quiet, sa,ve in exceptional cases,
when some large operations were stimulated by means of very
low-prices. For overcoatings the demand was quite model ate,
and cloakings ruled quiet. Little or no improvement was
noticed in the call for Kentucky jeans, and though satinets
were sluggish, prices were fairly maintained on the best makes.
Flannels were taken in small lots, and blankets, shawls* carpets
and knit underwear, were severally quiet, as were most descrip¬
tions of worsted dress goods.
Foreign Dry Goods have lacked activity in first hands, and
the jobbing trade was irregular, and on the whole qniet.
Medium and fine black and colored silks, and novelties in
fancy silks were in moderate request, but low grade fabrics of
this class were almost neglected, in spite of the temptingly low
prices at which they are offered. Cashmeres ruled quiet, and
fancy dress goods moved slowly. Linen and white goods were
in light request, and Hamburg embroideries were sluggish, but
laces and lace goods were fairly active with importers and job¬
bers. Woolen goods were lightly dealt in, and hosiery and
'

gloves
anton mattings,
remained from
quiet,private
but there
fair movement
in
hands,was
and athrough
the medium
of the auction rooms.

THE CHRONICLE.

404

this port for the week
corresponding weeks of

importations of dry goods at

The

ending April 7, 1881, and for the
1880 and 1879, have been as follows :
ENTERED FOR

CONSUMPTION FOR THE WEEK

Manufactures of—
Wool
Cotton
Bilk
Flax

261,662
274,625

1,408
977

178,045
159.776

1,298
6,205

290,778
216.186

2,128

Miscellaneous

929

'

469,900
427,143
282,533
187,688

668

1,563
653

5,138 1.605,717

THE MARKET DCRWITHDRAWN FROM WAREHOUSE AND THROWN INTO
ING THE SAME PERIOD.

a •

09,412
71,995
40,910

368

Total
Ent’d forconsumpt.

market...

on

49,634

295
134
495

2,760

2,248
2,594
381.880
332.630 3,146
3,487
4,577 1,007,698 10,817 2,070,539
8.064 1,340,328 13.963 2.452.419

Miscellaneous

Total

ENTERED FOR

Manufactures of—
Wool
Cotton
Silk
Ela-r

210

94,628

139
86
132

35,549
59,894
32,560

....tfo.

..bales.
..sides.

49,557

89,689

1,196

300,190

161,637

48,506

70,091
45,517
46.397

Articles.

Metals, Ac3,755 Iron, pig...
RR. bars
12,910
147,450 Lead, pigs
8,703 Spelter, lbs
1,675 Steel
4,333 Tin, boxes.
9.489 Tin albs.,lbs
13,993 Paper 3tock.

3,857
11,318
112,048
1,658
3,088
16,876
20,382
5,223

1,670

Gambler
Gum, Arab.

i’,791

Indigo.....
Madder, Ac
Oil. Olive..

7,902

.

2.409
636

96
324

302

3,352

1,336

2,500
600

Gunny cloth
Hair

Hemp, bales
Hides, Ac.—
Bristles

..

India rubber
Ivory

143, IIS

265,220
139,317

Raisius

.

....

Hides, undr.

14S,633
420,143
228,547
268,747
5,590,752
34,561

3,198 Rice

22,034 8p
645

1,005

,

276

.

olasses....

41,489
8,928

etals, Ao—
Cutlery

2,029

2,191

369

431

inseed

.....

Hardware-

321,609
8,630,089
58,614

Logwood
Mahogany.
..

13,296
55,546
117,370
199,273
32,608
161,776
98,866

62,G50
22,321
161.204

117,737

158,148
12,796
249,906
55,677

the exports of provisions from New York,
Boston, Baltimore, Philadelphia, Montreal, Portland and New
Orleans, for week ending April 2, 1881, and their distribution:
following

To—

are

Porky

Reef,

bbls.

bbls.

39,634

35,652

5,091

44,096
9,023

27,028
11,169
543,559

Pork
Beef
Cutmeati...
Butter

395

Cheese

..bbls.

*

tcs. & bbls.

Lard
Lard

::kX:

Hogs, dressed

pkgs.
..bbls.
.hhds.

Sugar
Sugar
Tallow

Liverpool....

268
1.120

Lard,

Bacon,

Cheese,-

Tallow,

lbs.

lbs.

lbs.

lbs.

Glasgow

1,5S0
25
105

Hull
Bristol

Newcastle

...

Br. ports
Havre

Bremen

Hamourg....
Amsterdam..
Rotterdam...
Antwerp

Spain

Central Am..
Mexico
S. Am. ports
Cuba
West Indies..
St. Domingo
.

Brit.N.A. Col.
Other count’s
Total week
Prev’s week




..

8.050,315

796,894

225.200

308,407
443,650

115,980

349,300

30^630

1,460,265

40,500

137

144,955

610,450

IG.000

197.250

60

80
2 78
200
50

44

1.463
761
136
112
38

5.913
6.899

l-/3,7»0

561,879
24,800
113,600

41
57
....

39,000

465
550
37

15

3
140

Hayti

....

33
161
50
57

538,250;
464,000 2,223,800
765,35o
600,800
219,960
23,750
157,250
92,000
523,225
Gl'800
20,800
60,071
3,294
1,800
17,529
234,350
792,671
105,047
43.900

56,761

3

31.217
834

55
50
2.451
3.497

8.49o

8,860
9,245
5,342

104,500
323,100

45,100

*

185

270,789
278,352
103,748
166,570
105,400
34,585
25,392
36,651
7,103
1,534
12,091
14,711
29,606
17,638
74,348
12,071

769
863
759
185
140
501
843

Rice

Spelter

410.980

11,852
22,125
9,980
21,622
3,702
3,645

..pkgs.
..pkgs.

..pkgs.

2,982
1,246

boxes & cases.

3,716
11

Wool

6,272
831

257,679

117,304
172,228
161,361
34,936
40,657
24.437
14,622

4,457
71

6,695
30,369
46,466
14,857

91,532
6,279

Articles of Domestic Produce.

following table, based upon Custom House returns, shows
exports from New York of all leading articles of domestic

The

the

produce for the week ending with Tuesday last; also the exports
1881, to that day, and for the cor¬
responding period in 1880 :

from the 1st of January,

28,800
1,173

1,679
2 380

6,008
2,867
3,699

6,061
5,437

31,516
11,066
68 8

250

14.264

5.077,308 16.202.143! 1.102,399 1.128.609

5.088,3211 14.572.47iijl,«io9. / oi»i

Since Jan. 1,

Week ending

1881.

April 5.

382
82

403
67

lbs.

310

9,871

39,025

....bbls.

119,748

bbls.
bbls.

9

1,589,729
1,294

918,501
1,133
40,268

Beeswax

Breadstuffs—

Flour, wheat
Flour, rye
Corn meal
Wheat

Rye

4,697

44,551

...bush.
..bush.
.bush.
..bush.
...bush.
...bush.

825,106

10,003,922

48,740

493,348
39,609

.pkgs.

670
318

.

Oats

Barley

.

Peas

Com
Caudles
Coal
Cotton
Domestics

..

tOU8.

254,630

2,358
899,515

47,006
5,392,334
14,314

7,931,527
14,856

...pkgs.

5,041

3,353
402

bbls.

bbls.
Spirits turpentine.
bbls.
Rosin
....bbls.
Tar
Pitch
Oil cake
Oils—

Whale

....gals.

Sperm

....gals.
....gals.

Lard
Linseed
Petroleum

'.

.---gals.
....gals.

Provisions—
Pork
Beef
Beef
Cutmeats

lbs.
lbs.
lbs.

Butter

Cheese
Lard

bbls.
lbs.

Tallow

1
......

15,260

137,265

Tobacco, leaf

bales and cases.
Tobacco.manufactured. lbs.

Tobacco

.........

—

1

103,128
17,280

94,678

35.740

24,548

16,992

21.290

14,178

1,842

6

2,486

70,976

1,450
27,351
4,475
1,246
712,281

478,611

80
15

6,131
65,593

61.159

18,145
1,407
4,664,382

119,160

299

2,533
2,250
190

4.278
1,209
.tierces.

41,110

439

...bales.

...

9,661,331
517,387

100

23,410

IIop8
Naval Stores—
Crude turpentine.

WhaLehone

6,369

..

Hay

Same time
last year.

30

83

bbls.

Ashes, pots
Ashes, pearls

...

London

•

Provisions —

285.470

Exports of Provisions.

The

3,243

..galls.

..bush.

Peauuts

777,715

7,062

950 Pepper....
267 Saltpetre...
102,293 Woods—
13,379 Cork
Fustio

508

160,257
1,532

Oil, lard
Oil, whale

828

228,864

Ac.—

'assia

Ginger

Jewelry ,AcJewelry...
.

2,2541 Fish
3,234 Fruits, Ao.—
1,414 J^emons
4.489 Oranges
61,034 Nuts
...

1,797
22,259

Hides,dr’sd

Watches

477,276

896

2,532

..

Exports oi Leading

299.380

830

.

172,629

28,164

$

1,195
16,592
81,951

150

52,446

395,480

38,580

12,701

26,098

value.

5.496

942,031
28,197

7,120

13,312

Reported by

3,605

56,256
39,620
15,302

389
145

Whiskey

35.238

10,837

...bbls.

Rosin
Tar
Pitch
Oil cake

785,805

44,849

176,751

335,163

14,241
62,702

922.597
397,858

15,008

808

......

‘f^l.196
1.205,604
*

1,374
1,843

..

Tobacco
Tobacco

41,598

705

...bbls.

Turpentine, crude. ...bbls.

141,249

Wines

13,058
28,522
629,195
28,445
2,728
35,813

158,885

9.838,517

bbls.
Turpeutiue, spirits. ...bbls.

130,409

422,491

33,113

713
646

Naval Stores—

Stearine

baskets..

..

1,722
69,741

116.699

9.973 Cigars
19.790 Fancy goods

21.919

Flax
Furs

20,191
2,151,590

56,654
331,790
8,662
73,809
28,430

858

Molasses

25,213

4,559’777

313,370
5,372.289
2,527,424
1,312,802

18,188

.

1,165

34,831
5,957,762

114,568
83,832
5,514

.

Leather
Lead
Molasses

438,782
4,762,964 10,300,823
39,734
75,204

12,630 Wool, bales.

2,203
12,745

Barley

Champ’gne

2,963

1,065

61,423
83,733

354.299

| Sugar, boxes

7,810

powd.

37,601
2,367
335,661
195,892

10,663 audbags...
7,666 Tea
1.720 Tobacco..
15,230 Wines, Ao.—

5,089

Cochineal..

40,710

640,489 Sugar, hhds,
1.719 tea., & bbla.

691,093

Oats

.Eggs

“

14,037

1880.

1881.

1880.

Corn

Hops

276
128
115
281
396

116,207
56,857
96,187

327
219
125
855

1,690

1881.

..

L078.339

Hides

following table, compiled from Custom House returns,
shows the foreign imports of leading articles at this port from
Jan. 1 to April 1, 1881, and for corresponding period in 1880 ;
[Tlie quantity is given in packages when not otherwise specified.]

..

1,521,374

..bush.

119,551
3,672
835,994
63,035
677,114

868

The

Opium

...bbls.

Corn meal
Wheat

7,768
1,491
2,902

WAREHOUSE DURING SAME PERIOD.

lmports of Leading

Boda, bi-ob.
Soda, sal...
Boda, ash..

Flour, wheat

Breadstuff’s—

.bags.
..bags.

Total at the port...

.

16,930

...bbls.

6,334(1,905,907

Blea.

89

26,764

Cotton seed oil
Flax seed
Grass seed
Hides

5,138 1,605,717

Coal, tons...
Cocoa, bags.
Coffee, bags.
Cotton, bales
Drugs, Ao—
Bark, Peru.

27

1,441

..bales.

6,834 1,309,075 14,952 2,571,346

.

...bbls.

Peas

9,265 2,102,194

Same tint
last year.

...bbls.

Ashes
Beans

Cotton

69,919
78,747 2,609
500,807
4,135
301,378
2,257
4,577 1,007,699 10,817 2,070,539

E&rtlien w
Glass
Glassware.
Glass plate.
Buttons

April 5.

43,000

496,477
4,127
5.138 1.605.717

week for exports),
day, and for the

Since Jan. 1,
1881.

Week ending

97,148

Miscellaueous
Total
Ent’d forcousumpt.

China, Ac.—
China

Tuesday last (corresponding with the
receipts from Jan. 1, 1881, to that
corresponding period in 1880 :
with

..bush.
..bush.
.bush.
..bush.

168,951
95,177
92,201

443

99,020
53,948
115,023
83,364
30,525

246
190
124
338

100,679

267
172
86

produce in New York for the week ending

articles of domestic

Rye

of—

Manutactures
Wool
Cotton
Silk
Flax

New

231,453

G47

1,607

4,577 1,007,698; 10,81712,070,539

Total

The

also the

Value.

Pkgs.

$
365.185
474,471
723,919

131,590

336
846
444
823

1831.

1881.

Value.

Pkas.

Value.

Pkgs.

ENDING APRIL 7,

1880.

1879.

Articles of Domestic Produce.
following table, based upon daily reports made to the
York Produce Exchange, shows the receipts of leading

Receipts of Leading

Goods*

Importations of Dry

f Vol. XXXIL

1,269
9,923,773
189,077
637,718
4,573,972

9,859

1,575
1,472
288

150,487
10,343

58,849,379

73,918,231

63,679

59,777

10,863
17,697
179,711,812
4,757,279
19,519,929
83,285,102

159,260,645
5,040,109

833

4,955

1,352,197

13,940,524

2,610
1,250 '
187,195
4,052

59.118

21,685
12,334

1,447,356
41,503

13,351
19.159

12,190,340

73,538,261

3,397

20,465,649
18,163
13,213

1,956,586
38,678