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MERCHANTS' MAGAZINE.
HI/NT'S
g,
Wifely
D,*tvj.p*peY.
REPRESENTING THE COMMERCIAL AND INDUSTRIAL INTERESTS OF THE TJXITED STATES
VOL
NEW
25.
YORK, AUGUST
&
Drexel, Morgan
WALL STREET,
the
National Bank-Note
(INCORPORATED NOVEMBER,
1
WALL
1888.)
NEW YORK.
EXORAVKR3 OF TUB
No.
This Company engraves and prints bonds, postage
(tamps and paper money for various foreign
Governments and Bankin? Institutions—South
American, European, West India Islands, Japan, &c.
Communication* may be addressed to this
in
any language.
H. VAN ANTWERP, Pres'tl
MACDONOUGH, Vlce-Pres't.
A. D. SHEPARD, Treasurer.
J NO. E. CURRIER, Secretary.
available in
BOSTON.
Surplus,
......... $400,000
......... 300,000
Special attention
given to
all
31
COLLECTIONS, and
prompt remittances made on day of payment.
Boston business paper discounted. Correspondence
nvlted.
S.
MORGAN &
OLD BROAD
BANKERS,
WALL STREET, NEW YORK,
1*
lasue Letters of Credit, available In
all
world
on the
CABLE TRANSFERS).
Special attention given to collections throughout
Europe and the United States.
Gilley, Jr. & Co.,
BANKERS AND BROKERS,
W.
F.
64 BROADWAY AND 19
ST.,
Box 4259.
F. W. GrLLRY, Jb..
Member N. Y. Stock Ex.
P. O.
CO.,
LONDON.
BANKERS,
NASSAU
No. 5
U.
S.
ST.,
to suit Investors
eign coins.
;
E. S. Qillrt.
J.
Nklsox Tafpan, Special
also Gold, Sliver,
and
HREMEN, GERMANY*
In
SPECIAL PARTNER:
for-
Deposits received In Currency or Gold,
and Interest allowed on Balances. Special attention
paid to Investment Orders for Miscellaneous Stocks
Koln Wechsler A Commissions Rank.
NEW YORK CORRESPONDENTS
MESSRS. SPEYER
M. K. Jesup, Paton 8c Co.
No. 52 William Street,
A CO.
20 Exchange Place.
Henry
NEW YORK.
Draw Exchange on Union Bank
Co
BANKERS,
NEW YORK.
Government Bonds bought and sold
amounts
NEW STREET,
New York
Franz Herm. Abbes &
& HATCH,
FISK
&
King
S.
Co.,
RANKERS,
of London.
Accounts and Agencies of Banks, Bankers and Mer'
Finns received upon favorable terms.
45 Pall
."Uull,
London, England.
cantlle
Bonds, Stocks, Commercial Paper, Gold, &c, bought
Act
as agents for Corporations In paying Interest
Coupons and Dividends, and
CIRCULAR NOTES
Issue
free of charge, available
In all parts of the world.
and sold on Commission.
Dividends, Coupons and
Kountze Brothers,
;
Purchase and sale of Government Bonds, Municipal
and other investment securities
Attorheys and Agents of
No. 82
Transact a General Banklngbuslncss sell Drafts on
of Europe, ana Issue Letters of Credit for
Travelers, available everywhere.
all cities
parts of the world.
Messrs. J.
Sah'i, Phillips, Cashier.
Maverick National Bank
Capital,
St.,
Boulevard Haussmann
and Bonds.
J.
J.
Asa P. Potter, Prest.
Sooth Third
34
Drexel, Harjes &'Co
Co.,
Deposits received subject to Draft. Securities, Gold,
Interest allowed
on iieposits. Foreign Exchange. Commercial Credits.
Cable Transfers.
Circular Letters for Travelers,
BANK-NOTES, STATE AND RAILROAD BONDS,
POSTAGE AND REVENUE STAMPS,
CERTIFICATES, DRAFTS. BILLS OF EXCHANGE,
AND COMMERCIAL PAPERS,
Company
18
York.
CHICAGO HOUSE HENRY GREENEBAUM & CO.
Philadelphia.
Paris.
DOMESTIC AND FOREIGN BANKERS.
Engraving akd Panrrraa or
in the highest stylo of the art with special softovards devised and patented, to prevent counter
lei ting and alterations.
& Co.
BANKERS,
Wall Street, New
Ac, bought ana sold on Commission.
United States Bonds, Notes, Currency
and National Bank Notes.
Greenebaum Bros.
:
&
Drexel
•
STREET,
Co.,
CORNER OF BROAD, NEW YORE.
Co.,
63b.
Financial.
Financial.
Financial.
OFFICE, No.
NO.
11, 1877.
also as Transfer Agents.
Interest
collected
and
for use against
Execute Orders on the Loudon Stock Exchange.
Make
remitted.
COMMERCIAL CREDITS
Grant
Consignments of Merchandise.
Collections
on
all
Points.
Receive Deposit
and Current Accounts on favorable terms, and do a
J.&W. Seligman&Co.,
BANKERS,
parts of the
General London and Foreign Banking Business.
KING, BAILLIE A CO., Liverpool.
NEW YORK CORRESPONDENTS.
60 EXCHANGE PLACE,
CORNER BROAD STREET, NEW lOUK.
Me ssrs. WARD, CAMPBELL * CO.
Co.,
Issue Letters of Credit for Travelers,
BANKERS AND BROKERS,
06 Broadway, New York.
SOOTHERS AND MISCKLLANKOUS SECURITIES
Payable in any part of Europe, Asia, Africa, Australia
and America.
Draw Bills of Exchange and make telegraphic transfers of money on Europe and California.
BANKERS
;
also.
Time and Sight
HANK OF LONDON.
Bills
UNION
Cable Transfers made.
R. A. Lancaster
&
Adoiph
AND RAILROAD SECURITIES
A Specialty.
Leans Negotiated.
Charles G. Johnsen,
MERCHANT AND BANKER,
166 QRAV1ER STREET
.NEW ORLEANS, LA
R. T. Wilson
BANKERS
*
AND
5c
COMMISSION
Co.,
MERCHANTS
EXCHANGE COURT.
Liberal cash advances made on consignments of
Cotton and Tobacco to our address ; also to ounnenci
in Liverpool said London.
Government
Securities, Gold, Stocks
and Bonds
Bought and Sold on Commission, and
&
Co.
AKD
COMMISSION MERCHANTS,
AMSTERDAM, HOLLAND.
Bought and Sold on Commission.
VIRGINIA 6TATK
Bcissevain
Buy and
in Holland
Make
S',11 on Commission Amerieau Securities
and ether Continental Markets.
Collections
throughout the Continent ot
Europe.
Make Payment, on
Letters of Credit to Travelers
and transact a general American Banking Business.
Refer by special permission to Messrs. Blake
Brothers * Co., Bo.too and New I ork, sad to 1
8.* W. Welsh. Philadelphia
LOANS NEGOTIATED.
McKim
Accounts received and Interest allowed OB balances
which may be checked for at tight.
47
Brothers
BANKERS,
Wall Street, New
&
Co.,
York.
THE CHRONICLE
ii
AGENCY OF THE
OUSTO N, Te X AS. Bank of British
HWe Rive
attention to collections on
North America,
C.S.LongDikectors.—Benjamin A.
F. A. Rice, C.C.Baldwin, W.B.
CODe. W.J.
No. 52 WALL STREET.
BENJ. A. BOTTS,
Kob't Brewster.
Geobge H. Holt,
Member N. T. Stock Exchange
Capital, $500,000,
Geo.Wm.Ballou&Co
8
WALL STREET,
New
DEVONSHIRE
72
acces-
all
special
'
ST.,
Botts. Pres't:
Untitling.
Bo«ton,
York,
Pres't.
tfotts,
WEKMS,
B. F.
BANKERS AND DEALERS IN
Box
P. 0.
Cashier.
ames Hunter,
J
Municipal Bonds.
Savannah, Georgia,
81.
AND
&
Brewster, Basset
JAMES HUNTER
Co.,
26 Pine
CONGRESS STREET,
Boston, Hui,
Kelly
paper.
Broken
Orders executed on Commtialon at
York,
and Eugene
York; Southern Bank, Savannah, Ga
Refkbences.— Henry Talmadge &
Commercial
Dealers In Stocks, Bonds, Gold and
CO.,
dc
New
Street,
Board
&
Co.,
New
Co.,
WILMINGTON,
ollcctlOBB
&
Co.,
SECU.IITKES, Gold,
&
Bay and Sell
County Bonds.
Fhila.
&.
Stackpole,
'Western
'
F. J.
*
City
&
EBERT, Pres't.
S. G.
and
-
'•-
A. J.
COLLINS,
HEAD
Re-
mittances promptly made.
M. H.
and VIRGINIA SECURITIES
a
LOUIS MoLANE,
J. C.
nished.
N.
»
.
solicited
and
Information
C. T.
Coebbspondents— McKlra Brothers & ^o.
STOCK BROKER,
Cashier
Smith, Payne & Smiths.
The Bank or New Tobk, N. B. A
The Bank of New York.N. B. A., is prepared
203 WALNUT PLACE (316 WALNUT
to issue
PHILADELPHIA.
Telegraphic Transfers, Letters of Credit and Drafts
on The Nevada Bank of San Francisco.
Orders In Stocks and Boids promptly executed at
the Philadelphia and Ntw lot Boards.
THE
ST.),
B ». WILLIAMS, JNO. W. MILLIE
&
Thos. P. Miller
Co.,
BANKERS,
MOBILE, ALABAMA.
Special attention paid to collect lone, with prompt
remittances at current ratea of exchange on day of
payment.
—
Correspondent"..
German American Bank.
ifork ; Louisiana National Bank, New Orleans ;
Of Liverpool, Liverpool
T
W
.
New
Bank
House,
.
BANKER,
41
MAIN
ST.,
HOUSTON, TEXAS.
LONDON, Head Office, 3 Angel Court.
SAN FRANCISCO Office, 428 California
NEW YORK Agents,
SUITE,
Leonard,
BANKERS,
DALLAS, TEXAS.
New York Correspondent
-
$1,000,000.
-
C. R.
MURRAY,
Cashier
AGENCIES:
Quebec, Valleyfield.
LONDON.— The Alliance Bank (Limited).
NEW YORK,—The National Bank of Commerce
Messrs. Hllmers, McGowan & Co., 63 Wall street.
CHICAGO.— Union National Bank.
Sterling and American Exchange bought and sold.
Interest allowed on Deposits.
Collections made promptly and remitted for at low-
CAPITAL,
SURPLUS,
.Mosdy & Jemlson.
& W.
-
-
Seligman
&
Montreal.
of
C. F.
L1LIENTHAL.
Penzel,
President.
j
Co.
GEORGE STEPHEN,
•
STATE BANK,
)
C. T.
1bi5. j
Walkeb
Cashier.
Savings Bank,
$75,000.
20,000.
(Paid-in)
Prompt attention given to all business in our line.
N. Y. Cobbespondentb. Donnell. Lawson & Co
General Manager.
NEW YORK OFFICE,
A 61 WALL STREET.
C. F. SsilTrcxBS,
AM nts
Walteb Watson, A« encs
J
j
Bay and
sell
Sterling
-
Exchange and Cable Trans-
grant Commercial and Travelers' Credits,
available in aDy part of the world issue drafts on
and make collections in Chicago and throughout
John Hickling
;
the
Dominion of Canada.
London
Office,
Imperial
H.
8.
&
Co.,
BANKERS AND BROKERS,
BROADWAY, NEW YORK.
DEALEBS IN STOCKS, BOSDS, AND GOLD.
Stosks bought and sold on margins at the New York
Stook Exchange. Careful attention oald to out-of
town orders. Correspondence solicited.
No. 9 Rlrcbln Lane.
Bank of Canada
Capital, $1,000,000.
R. WILKIE,
ROWLAND, President; D.
READ
Financial.
72
No*. 59
ANGUS,
fers;
LITTLE ROCK, ARK.
CAPITAL
SuHpm»
President
R. B.
$6,000,000.
1,550,000.
Cashier.
(Incorporated
$12,000,000, Gold.
5,500,000, Gold.
-
-
St.
FKED'K F. LOW,
(„„„_,
IGNATZ STElNIfART,i Mina * e^,
P. N.
BUYS AND SELLS EXCHANGE ON ALL THE
PRINCIPAL CITIES OF THE UNITED
STATES AND EUROPE.
Adams &
Bank
BRANCHES:
Transact a general Banking business. Issue Com
merclal Credits and Bills of Exchange, available In all
parts of the world. Collections and orders for Bonds
Stocks, etc.. executed upon the most favorable terms
Gold, Silver and Negotiable Securities.
MADE THROVGHOU1 THE
J.
Authorized Capital, •
Paid-up and Reserve,
German
DEALER IN
COLLECTIONS
-
Pres't.
Bank
(LIMITKD),
MILLIE,
St.
Anglo-Californian Bank
Southern Bankers.
T1IOS. P.
Lombard
32.
-
FOREIGN AGENTS:
CHRISTENSEN,
CORRESPONDENTS:
LONDON
NEW YORK
Austin,
J. Bell
President.
Vice-President.
FLOOD,
fur-
Alralh
8 enM
OFFICE, MONTREAL.
GAULT,
Capital, fully paid in coin, $10,000,000.
tpec laity.
f
Hamilton, Ont.; Aylmeb, Ont.; Pabk Hill, Ont.;
Bbdfobd, P. Q.; Joliette, P. Q.
SAN FRANCISCO, CAL.
Co.,
Up
Capital Paid
Especial attention given to Collections, and
(
OF CANADA.
Cashier.
CORRESPONDENTS.
New Yobk—Tradesmen's National Bank.
San Fbancisco— Wells, Fargo & Co.'s Bank.
BALTIMORE.
Correspondence
"
Exchange
185,000
-
.
WILLIAMS, Vlce-Pres't.
OP SAN FRANCISCO,
BANKERS AND BROKERS,
INVESTMENT
-
-
WM. J. INGRAM,
JAMES GOLDIE,
The Nevada Bank
Baltimore Bankers.
Wilson, Colston
- - - $9,000,000 Gold.
- - - - 8,128,626
Bills of Exchange honght and sold, Commercial
Credits granted, Drafts, on Canada issued, Bills collected, and other Banking business transacted.
Capital.
DENVER, COLORADO.
LONDON AGENCY,
Capital Stock, • T~- . . $250,000
Capital Paid-in,
DEVONSHIRE STREET
BOSTON,
78
parts of the United Btetes
Exchange Bank,
Btate, City, County and Railroad Bonds.
Parker
all
Canada,
WALL STREET.
62
Western Bankers.
BANKEBS,
BANKERS,
OF
Paid up,
40 STATE STREET, BOSTON.
DEALERS IN GOVERNMENT
mane on
Merchants' Bank
N. C.
,
Investment Securities constantly on han«.
AGENCT OF
Bank,
National
First
,
J-agents.
C.M.MORRIS,
A. K. WAUUtK,Oashiei.
B. E. Bbrbubs, Pres't.
Auctions and Private Sale.
Chas. A. Sweet
Commercial Credits Issued for use In Europe, China
Japan, the East and West Indies, and South America.
Demand and Time Bills of Exchange, payable In
London and elsewhere, bought and sold at current
rates;'also Cable Transfers.
Demand Drafts on Scotland and Ireland, also on
Canada, British Columbia and San Francisco. Bills
Collected and other Banking Business transacted.
D. A. MacTAVISH, 5 .„. nta
Brokers and Dealers In Southern Securities. Loans
Negotiated. Advances made on Securities placed In
onr bands for sale at current rates.
BANKERS,
No. 35
XXV.
Vol.
Canadian Bankers.
Southern Bankers.
BANK OF HOUSTON,
CITY
THE
Boston Bankers.
Gio. Wm. Ballou.
I
Cashier
OFFICE, TORONTO.
Branches:—ST. CATHERINES, PORT COLBQRNE,
ST. THOMAS, INGERSOLL, WELLAND.
Dealers in American Currency and Sterling Exchange.
AgentB in London
Bosanquet, Salt & Co.,
93
Lombard
street.
Agents
in
New York:
Bank of Monteeal,
59
Wall
street.
Promptest attention paid to collection* payable In
any part of Canada.
ApDroved Canadian business paper, payable in gold
or currency, discounted on reasonable terms, and
proceeds remitted to any part of the United States by
gold or currency draft on New York.
TflK CHRONICLE.
I 11, 1877. J
THE NEW
The Canadian
Bank of Commerce,
WALL
Surplus,
Buys and
STIIKKT.
$6,000,000 Gold.
$1,900,000 Gold.
Capital,
Exchange, and makoa Cable
Commercial Credits available everywhere.
cltlea and towns of
Grants Drafts on the chief
Mortgage Security Co.
OFFERS FOR SALE.
AT 107 AND ACCm/ED INTEREST,
SEVEN PER CENT TKN-YKAR BUNDS
The Bank of Toronto,
CANADA.
Reserve,
$1,000,000.
HEAD
$1,000,000.
Dtrac*!* Covl»ok, Cashier Hboii Leach, Asst. Cash
Branches at Montreal, Peterboro, Cobourg, Port Hope,
ilarrle, St. Catharines, Colllngwood.
;
BAHREliS:
Loxoox, England.— The City Hank.
«
»» i National Bank of Commerce,
New *•
To*K.j
c p. Smltheri and W. Watson.
Collections made on the best terms.
P. Ct. Interest
840
Iowa Bonds & Murlgagei
GEO. W. FRANK & DARROW, BANKERS and Negotia-
tors of Loans, Corning, Iowa,
196 Broadway, Western Union Bldg., N. 1 ..make
loans on the best Improved farms In Iowa, at 8 t» 1 O
»er cent Interest. Always tlrst liens and Improved
.'arms; never exceeds one-third the cash value
The bonds have coupons
of the land alone.
attached, and the Interest Is paid semi-annually, at
the Central National Bank, In New York, and the
principal, when due, at the same bank. Several years
experience of the firm in loaning has shown these
loans to be
and
PERFECTLY SAFE!
BY
ranging from
«oi)0
These Bends are commended to the attention of the
as they are
believed to be as perfect a security as can be obtained.
The Issue of bonds Is limited to one-half the amount
of the same class of bonds ever issued under a like
H. C. Fahnestock, Esq., First National Bank, N. Y.
Henry H. Palmer, Esq New Brunswick, N.J.
Chas. J. Stirr, Esq., Stamford, Ct.
A. J. Odell. Esq.. Scc'y D. L. & W. RB. Co.
Aaron Healy, Esq., 5 Ferry street. X. Y.
Edwards & Odell, Attorneys, 8! William street, N. Y.
,
Ten Per Cent Net
ON FIRST MORTGAGE SECURITY
Hare had an experience of over twelve years In the
business. Make none but wfe loans. Loan no more
than one-third the actual value of the security. Guarantee a pergonal Inspection of the security In every
Farm Loan*, when carefully placea, aaj'e uh
case.
at
NINE PER CENT
net.
,
Council BIuITn, Iowa.
^ ^ ^^
VICE-FUKSIDENT8
James L. Little,
George P. Upham,
Henry
CONSOLIDATED RANK, LONDON.
directors:
K. R.
Mudge,
Putnam.
P.
BARING BROTHERS
Knoblauch
&
on all principal
Upham.
ILLINOIS
The old established
AGENCY', known all over New England and the Middle States as the Agency whose Interest coupons are
paid as certainly and as promptly as the coupons of
Government Bonds, has enlarged Its field and cnanged
Its name to "THE KANSAS. MISSOURI & CENTRAL
ILLINOIS LOAN AGENCY." There Is no change in
Its character or management. If a certain clean TEN
PER CENT will satisfy you, address for Circular.
Actuary, "KANSAS. MISSOURI & CENTRAL ILLI-
E
Baile
.
S.
,
LOAN
<t
TRUST
CO., Topeka,
Kan.
All these loans are carefully made, after personal
Inspection of the security, by members of the above
firms, who. living on the ground, know the actual
value of lands and the character and responsibility of borrowers, and whose experience In the business for the past SIXTEEN" YEARS has enabled them
to give entire satisfaction to investors.
[65
WALL STREET.
65 Pine Street,
DRAW SIOUT A TIME BILLS on tho UNION BANK
LONDON,
On LAZA1.D FRERES A
DEALS
And on
-
all Descriptions.
WA.VTED.
Mobile
*
Ohio Bonds.
Mississippi Central llonds.
New
Orleans Jackson & Orcat Northern IloDds.
rson Madison & lndlannpolls Bonds.
Bu&Ui UsarsU £ Fl9tlia L'aaia.
letr.
the
PRINCIPAL CITIES IN EUROPE.
Money by Telegraph
to Pari,
and San
Circular Notes
and Letters of Credit-through Messrs.
CO.. at PARIS, payable in any
LAZARD FUEttESds
part of Europe.
Insurance Stocks,
A SPECIALTY.
Cash paid at once for the abore Securities or tney
he sold on coimulaslon. ai seller'! option.
;
will
Howard C. DiCKnraoN,
Platt K. Dickinson,
Member of Sto'clc Exch'ge. Member of stock Exch'ge
John R. Walleb.
Dickinson, Waller & Co.
BANKERS AND BROKERS,
25 BROAD STREET,
Transact a general Banking Business.
Buy and
Sell
on Commission Stocks, Bond and Gold.
Haying been Identified with California Interest*, and
haying a connection In San Francisco, are prepared
Capital,* 1.000.000.
Allows interest on deposits, returnable on demand,
or at Bpecitled dates, is aiihurized to act as Kxecutor,
Administrator, Guardian, heeciver, or Tiustee. Likewise, Is a legal depository tor luonpy paid Into Court,
or by order of any Mirr»>Ka e. Individuals, Firms and
Societies aeeKing income irom money lu abeyance, or
ac rest, will Una safety and advantage lu tale Insutu
;
lion.
HENKY
BKNJ.
ftPAOLDlNO,
SIIKKMAN.
K.
B.
FKEDKl'ICK. H. COt^SITT,
buy and
(
auoustus
Sam'l D. Uiibcortc,
Martin Bates,
Isaac N. Phelos.
Edmund VV, Corlies,
34
»"i
*.:
Isaac N.
i
B. Sherman
W, Lane,
tJeoreo
Jacob
I'Il-'Ips,
Jofixii M. t'lt>kc,
Ciirin-* G. 1 Hll'I-m,
1).
'Ullculi Millei
rfulfe B.shop,
l>.ivtd
Amos
>:.
bno,
hWnO,
i>arid Uowi,
CharlfH
Martin itute*
William Alien Katler,
J, IMcri.unt
l>Ui-tav S.
James
".'.
Willi,.;,!
Wallace,
L.UUJ
1".
bbowh.
J
.
WAUToa H.Baowa.
Brown
BANKERS,
Pine Street, New
& Son,
York.
H. L. Grant,
Vermliye,
.
No. 145 R ROADWAY,
Hoswelt Skccl
A. A. Lo*'
Kimimi'l W.Curlies,
imHiencK H.Co*hitt,
William H. AppUtobt
on
RAILROAD KKCimiTIKN.
B-nJamn
home,
stocks dealt In
SPECIAL ATTENTION GIVEN TO THE NKGOT1A
TlON OF
BOARD OF TUVSTKKS:
.(..-I
all
K. Kno,
Frederic k H. CosslU
San.uel O. IfabuucK.
J.
Aug.
,
Amos
on commission
mation respecting the same.
Presidents
Jacob D. Vermliye,
BenJ. B. bhirman,
sell
the San Francisco Stock Exchange, and to give Infor-
Vice
\
BABCOCK, Secretary.
.
to
President.
hXECUJIVh GOMMllThE:
[N
FKrst-Class Investment Securities,
CITY BONDS OF ALL KINDS.
ailroad Bonds, and Soctuebn Skcukitim of
CO.,
PARIS,
,
Dealings In
C. H.P.
Albert E. Hachfield,
18 WALL STREET, NEW YORK,
Europe.
Lazard Freres,
Transfers of
Francisco.
Y
$1,000 and upwards, yielding EIGHT to
per cent semi-annual Interest, payable In the City
AMA.vi
cities of
III.
amounts of
New York, and negotiated through the nouses of
BURXIIAM. TREVETTA UATTIS, Champaign, III.
RURXHAM .* TULLSY8, Council lUilffH, Iowa.
Jtl'RSllAM, OHMSHr dt CO., Emmetnburg, Iowa.
BUIiS HAM <e BEYER, Orlnnr.ll, Iowa.
St., cor.
SPECIAL PARTNER,
DEUTSCHE BANK, Berlin.
Per Cent.
A Solid Ten
CENTRAL
LOAN
AGENCY'," Jacksonville,
Lichtenstein,
Exchange Place,
NEW YORK.
29 William
Hon. Henry W. Paine, Boston,
Simeon E. Baldwin. New Haven.
LOAN
COMPANY,
4c
52 WALL STREET. NEW YORK.
28 STATE STREET, BOSTON.
The Bbidos that has carried you safely oveb
NOIS
G. C. Ward,
AOEET8 FOB
COtTNSBL
CHAMPAIGN, ILL.,
OFFERS FOR SALE
$200,000 REAL ESTATE FIRST
'HilMI.II.I. COUPON BONDS,
TEN
&
T. G.
Make Telegraphic Money Transfers.
Draw Bills of Exchange and Issue Letters oi Credit
David R. Whitney,
J. B.
ahd Ceidit, fob Tbatelees.
Cibcttlak Note,
BANKERS,
Geo. C. Richardson,
John
^^—
Co.,
London.
:
Thomas Wlgglcsworth,
Saltonstall,
&
SIXTY DAY STERLING ON THE
L. Pierce.
Charles L. Young,
^—^—
No. 8 Wall Street, New York,
No. 4 Post Office Square, Boston.
CHEQUES AND CABLE TRANSFERS ON
JIl'NIIhK * <:»., IMIIIN.
STERLING CHEQUES ON
ALEXANDERS, OI'NLIFFKS it C«.
[Established ISM.]
of
—
John Munroe
A. C. Burnham,
In
—
•* —
HENRY SALTONSTALL, President.
FRANCIS A. OSBORN, Treasurer.
Choice
First- Class mortgages, amplv secured on Improved
farms, constantly on nand and for sale at the ornce of
OILMAN, SON 4 CO., 47 Exchange Place, New Vork.
liefer to John Jeffries, Esq., Boston, Mass.; Jacob L>.
Vermliye, and Oilman. Son & Co., New York; J. M.
Allen, Esq., Hartford, Conn., and others, on Application. Send for Circular.
Ill IIMI \ 'I
A 1 I I.M i N,
,
The security of each bond Is not confined to a single
Mortgage, but extends over all the Mortgages owned
by the Companv. This Company receives no deposits,
guarantees no other securities, and has no other debtB
than Its bonds. Its mortgages are of like character to
those will jh have been bought in the last twenty years
by Individuals, Life Insurance Conrpanies and other
Corporations, to the amount of more than r ifty Millions of Dollars, proving a most secure and satisfactory
Investment. Tile loans are all upon Improved farms
In some of the most fertile Western States, near the
railroads, with short and perfect titles, and average
less than $5a> each, upon property appraised at about
three times their amount. Experience has proved that
well-selected mortgages upon this class of property
are safer than those upon elty property, either In the
East or WeBt. They arc not affected by flreB, or by
business revulsions; principal and Interest are more
promptly paid and upon the success of agriculture
depends that of aln.ost every Industrial Investment.
to (9,000.
Government Bonds
Iowa Loans made
S5O0,O0O.
MOST CONSERVATIVE INVESTORS,
CharleB L. Flint,
REFERENCES
„
Win. A. Whcclock, Esq., Prcst. Cent. NatT Bank, NY.
Oilman, Son & Co.. HanKers, « Exchange Place, N. Y.
Issue, against cash deposi:. d, or satisfactory yuarantee of repayment. Circular Credits for Travelers, In
dollars for use In the United States and adjacent
countries, and In pounds sterling for use lu any part
of the world.
BRITAIN AND IRELAND.
ITS
Bonds
Interest Coupons payable semi-annually.
registered to order, or payablo to bearer at option.
A. rniml Interest Is not required to be paid by purchaser, the nrxl-'lue Coupon being stamped so as to
denote that Interest begins at the (Tate of purchase.
A Pamphlet with full Information will be sent on
application at the Company's Oillce.
Henry
The Interest and principal have always been paid
when due, without the loss of a dollar. Send for full
printed particulars, or call at the New Vork office
and examine maps and applications for loans In sums
Co.,
ST., N. Y.,
ISSUE COMMERCIAL CREDITS
CABLE TRANSFERS OF MONEY BETHIS COUNTRY ANDt ENOLANT), AND
DRAW BILLS OF EXCHANGE ON GREAT
GUARANTEED, PRINCIPAL AND INTEREST,
Guarantee.
FLaaDcial.
WALL
THEY ALSO
43 Milk Street, Boston.
OFFICE, TORONTO.
&
Brothers
No. 59
FIRST MORTGAGES OF IMPROVED MAKE
REAL ESTATE.
TWEEN
CAPITAL STOCK OF
Capital,
Brown
i;\I.IA\l)
SECURED BY
Sella Sterling
Transfers of Money,
laaaea
Financial.
Financial.
Canadian Bankers
No. 50
>;i
Krancklyn,
H. Wcuh,
Ci.
Morgan,
Perey u. ryne,
Chari'-r* Abernetby.
Sp..xiL^.
NEW TORK.
CITT RAILROAD STOCKS & BONUS
BOUGHT AND SOLD.
gee
qaoUUsoi
of city KaUioad, la tbls paper.
'
CHROMOtR
rHE
Financial
Financial.
Albert H. Nicolay
& Co. Wabash
STOCK AUCTIONEERS,
43 PINK STREET, NEW YORK.
tS Established 26 Years.
REGULAR AUCTION SALES OF
STOCKS AND BONDS
Every MONDAY and THURSDAY,
MADE ON ALL OTHER BAYS
Our established custom twenty-live years.
Government Securities and Gold, also Stocks and
Bonds, bought and sold at the Stock Exchange Boards
of New Tork, Boston, Philadelphia, Baltimore and
San Francisco, and at private sale.
Stocks and Bonds not dealt in at the New York
Stock Exchange our specialty for many years.
and Sell on Commission,
Choice Municipal,
and
10 per cent,
8
7,
City, County, Town,
School and State Bonds,
Railroad Bonds,
Insurance and Bank Stocks,
€lty Railroad Stocks and Bonds,
Gaslight Stocks and Bonds.
Trust Companies, Telegraph
Express, Mining and Manufacturing Stocks
Interest Coupons and Dividends collected.
Interest allowed on Deposits,
We Buy
subject to Drafts payable at sight
FIRST-CLASS INVESTMENT SECURITIES
ON HAND, FOR SALE AT THE
LOWEST MARKET RATES.
STOCKS
BONDS
and
At Auction.
The
undersigned
REGULAR AUCTION
hold
SALES
of
all
The following modification
classes of
Ml JLLER
&
August 1st,
1877, will
be paid on the
first
of
NEW
PINE STREET,
YORK.
bearing a graduated interest at the rate of 3 per
cent in 1878, 4 per cent in 1879, 5 per cent in 1880,
18<U and thereafter. The holders
and of the
of the TOLEDO &
& WES TERN BONDS must also assent to an extension of the time of payment of the principal of
these Honds on receiving additional coupons to
18U8, the time of the maturity tf the GREAT
for,
and 6 per cent in
WABASH
WABASH
WESTER"
issue.
Full infarmation in regard to these modifications
of the original funding plan, and as to the financial
condition of the Company, can be obtained of the
Committee of the Waba-h Railway Company, at 12
William street. Room No. 10, where the coupons to
be funded will be received and the scrip delivered.
J. A. ROOSEVELT,
President Wabash Railway Co.
New York,
July 50th,
Deduct surplus
to
1,
City Hall, April
New
Orleans Water
ture of Louisiana, approved 3'st March,
20, 1877.
Leaving
$13,893,163 31
As a Re-Insurance Fund for the Drotection of
policy-holders, in accordance with the law of this
Commonwealth.
FEATURES OF THE COMPANY.
1st. The adoption and continuance of a thoroughly adequate rate of premium.
2d. The maintenance of an ample reserved fund.
The market price of the securities of which the
fund is composed is $340,700 80 over the cost
on the Company's ledger. This Item is not availed
of in the capital as above presented.
For pamphlets and reports giving a history of the
Company's operations during the past thirty-three
years, apply at the office of the Company,
Agents in any city or town of importance.
BENJ.
1877.
W.
G.
or of
DISTRICT OF NEW YORK.— JOHN
STEVENS and others, Complainants, and the
NEW YORK & OSWEGO MIDLAND RAILROAD
COMPANY
G.
and others, Defendants.
Notice is hereby given that the sale of the property
of the defendant, the New York & Oswego Midland
Railroad Company, as heretofore advertised, has been
duly adjourned by me to Friday, the 7th day of September, A. D. 1817, at t'i o'clock, noon; said sale to
take place at the Wickham Avenue Depot of said
Company,
at Middletown.
D.,
Ass't.
W.
Medical Examiner.
ORGANIZED APRIUZT?
C.
Sec
WRIGHT
Actuary.
Orange County, New York.
KENNETH
Alexander & Green,
G.
WHITE,
Master.
Complainants' Solicitors,
120
Broadway.
New
York.
Oswego City
DUE
McKOWN
Secretary.
JOHN HOMANS, M.
ED. PILSBUBY, Mayor.
ITNITED
U SOUTHERNSTATES CIRCUIT COURT,
F. SI EVENS, President.
JOSEPH M. GIBBENS,
yield 8 per cent interest per
Sevens,
IN 1888;
Rochester City Sevens,
DUE
IN 1893;
FOE SALE BY
1842
DAMEL
A.
40 Wall
HfffeC
k«l,
F-S.WINSTON,PRESIDENT °a (
U ES
p
EVERY APPROVED DESCRIPTION
T
,
LIFE and ENDOWMENT POLICIES
ON TERMS AS FAVORABLEASTHOSE OFANY OTHER CO.
rASH7TSSETSoyS$80.000.000.
annum
to purchasers.
York City
PER CENT BONDS
Due 1900 and 1906,
FOR SALE BY
WILLIAM McCLIIKE,
No.
9 Per
64 BROADWAY,
N. Y.
Ct. Investments
For
particulars, write or apply to
GREGORY &
Grant
&
MOHAN,
:
Orleans Bonds. Louisiana Consols.
South Carolina Consols. State of Texas Bonds.
City, County and Town Bonds of Iowa, Ohio and Wis.
Second Avenue Railroad ^tock and Bonds.
Toledo, Sanduskyand Cleveland City Bonds.
Cities Dubuque, Keokuk, and Evansvllle Bonds.
Denver & Rio (irande and Kansas Pacific KB. Bonds.
FOR SAUK:
Town Bonds of New York State Is.
City of New Brunswick 7 Per Cent Bonds.
City of Louisville 7 Per Cent Bonds.
City of Paris, 111., 8 Per Cent Bonds.
WM.
R. UTIEY, 31 Pine
Company,
WALL STREET.
G. 8T. JOHM SHWTIBia.
St.,
N. Y.
FOR SALE:
REXAR COUNTY EIGHT
PER CENT RONDS.
$100,000
Issued to Galveston Harrisburg & San Antonio Railroad, due 1S%. interest March and September, payable
at Austin, Texas.
Taxes for payment of Interest and Sinking Fund
collected by the State of Texas, also other Texas
Securities, for sale.
FORSTER, LUDLOW
No. 7
A:
CO.
BANKERS,
Wall Street, New York.
WANTED
Alabama, South Carolina & Louisiana
State Bonds;
New Orleans Jackson & Gt. Northern,
Mississippi Central, aud Mobile
& Ohio Railroad Bonds
City of New Orleans Bonds.
;
LEVY
&;
BORG,
WALL STREET.
S6
TRANSACT A GENERAL BANKING BUSINESS
STOCKS BOUGHT AND SOLD ON COMMISSION
INTEREST ALLOWED ON DEPOSITS.
R. BtJTBAH GRANT.
WANTED
New
Street.
BANKERS AND BROKERS,
No. 33
BALLOIT,
New York.
6 Wall Street,
Works Com
Water Works Bonds of the City of New
Orleans will be received AT PAK, and must be surren
577,857 50
.
first mortgage li n upon the
low rate of $4,a00 per mile of
completed and equipped road. The road covered
by the above bonds has always earned more than
the interest on the present mortgage debt. The
bonds are further secured by being the direct obligation of Ihe Nashville Chattanooga & St. Louis
Railway Company, which pays regul r annual
dividends on its capital stock of $6,8CO,CCO, all of
which must be wiped out before these bonds would
be endangered. The bonds at the issue price will
5
old
$13,871,040 81
.
These bonds are a
railroad, sold at the
pany, Incorporated under Act No. 33 of the Legisla-
1, 1843.)
be distributed
RECEIVED II PAYMENT FOB 3 VENTY-FIVE MILES
OF RAILROAD RECENTLY SOLD TO THAT
COMTANY.
Matoraltt op New Orleans,?
The
1877
OF THE
NASHVILLE CHATTANOOGA & ST. LOUIS
RAILWAY COMPANY,
SECURED BY
dered at the time of subscribing.
Assets, January
SON,
REAL ESTATE FIRST MORTGAGES
Capital Stock of the
BOSTON.
Net
BROWN &,
Subscriptions will be received at this office to the
POST OFFICE SQUARE,
PER CENT,
75
THROUGH
3d, 1877.
The Regular Monthly Dividend of FIFTY CENTS
NEW ENGLAND
(Organized December
AT
8.
NOTICE.
MUTUAL, EIFE
Insurance Company,
Co.
OFFERS FOB SALE,
New
Bkoad Stheet, August
CO., 31
Year.
3-ltli
Memphis & Charleston Railroad
1877.
the office of the Transfer Agents, Messrs. WELLS,
FARGO & CO., 65 Broadway, on the lath Instant.
Transfer books closed August 10th.
H. B. PARSONS, Assistant Secretary.
Insurance.
PER CENT FIRST MORTGAGE BONDS.
Novem-
ber next.
As a condition of, and prior to, these payments,
the coupons in default, with the others, as specified
in the Circular of January 24th, must be deposited
in trust in Ihe Metropolitan National Bank, as heretofore announced, the holder receiving scrip there-
(gold) per share has been dealared for July, payable at
No. 7
Louis
St.
NEW TORK,
next.
be paid on the first of
The quarter y coupons of the TOLEDO WABASH THE SIX PER CENT FIRST MORT*
GAGE RONDS
& WESTERN CONSOLIDATED MORTGAGE, due
MINING
SON,
Chattanooga
BASH & WESTERN and GREAT WESTERN Messrs. AUG. J.
SECOND MORTGAGES, due May 1st, 1877, will
34 PINE STREET,
October
DIVIDEND No.
&
SIX
OFFICE OF THE ONTARIO SILVER
WEDNESDAYS AND SATURDAYS.
II.
Nashville
of the Circular of
January 24th has been found necessary
The coupons of the DECATUR & EAST ST.
LOUIS FIRST MORTGAGE, due August 1st, 1877,
and the coupons of the QUINCY & TOLEDO
FIRST MORTGAGE, due May let, 1877, will be
paid on the first of September next, instead of the
first of August, as heretofore announced.
The coupons of the TOLEDO & WABASH, WA-
STOCKS AND BONDS,
ADRIAN
Railway Co.
:
Mo.
OR SPECIAL SALES
Financial.
NOTICE TO BONDHOLDERS.
BANKERS AND BROKERS
XXV.
[Vol.
G. T.
Bonner &
Co.,
BANKERS AND BROKERS,
No. 2D Broad Street,
New
York.
WANTED:
Alabama State Bonds.
Allegheny CTy, Pa Bonds
Railroad First Mortgage Bonds.
U^l"
^ J,uB°n
Wabash
Railway Funded Debt tcrip.
.
, - .. .
Jet.
Mad.
FOR SALE:
&^.Indlanapnlls
Kli. First
Mort. Bonds.
Houston & Gt. Northern RU. First Mortgage Bonds.
West Wisconsin RR. Fir»t Mortgage Bonds.
Burl. Cedar Rapids & N. KB. First Mortg. Bonds.
fiitanrfaf
turn
HUNT'S MERCHANTS' MAGAZINE,
REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OF THE UNITED STATES.
VOL.
SATURDAY, AUGUST
25.
CONTENTS
put on the bank figures, as well as upon the other evi-
Railroad Earnings in July, and
Ircim Jan. to July 81
127
Latest Monetary and Commercial
English News
129
Commercial and Miscellaneous
the Revival of
Business
Whr.t Hinders Prosperity
Shall the Railroad Interest Support Labor ?
Fire Insurance Announcements.
.
.
123
154
125
News
187
131
THE BANKERS' GAZETTE.
Money Market, V.
S.
Securities,
I
Railway Stocks, Gold Market,
Korean Exchange, N. Y. City
Banks, National Banks, etc
182
|
I
I
Quotations of Stocks and Bonds. 135
New York Local Securities
136
Investments, and State, City and
Corporation Finances
137
THE COMMERCIAL TIMES.
Commercial Epitome
139
Cotton
139
143
Breadstuffs
i
I
It is, however, certain that one of the chief
causes of the disturbance of the reserves has been the
depletion of their specie by the export of gold and by
dence.
THE CHRONICLE.
Bank Reserves and
Dry Goods
144
Imports, Exports and Receipts... 145
Prices Current
146
the payments on account of the Syndicate loan. Thus
at the beginning of May, our New York banks held
twenty-three-millions of specie, and at the end of
seventeen millions
€\)xonxclt.
August
it is
the latest
news up
IN
For One Year, (including postage)
For Six Months
Annual subscription in London (including postage)
Six mos.
do
do
do
Subscriptions will bo continued until ordered stopped by a
The Publishers cannot be responsible
made by Drafts or Post-Office Money Orders.
at the publication
unless
office.
London
The London
Street,
office
oiii.
.
ADVANCE:
$10 20
6 10!
£2
1
5s.
6s.
iirritten order,
of the Chronicle is at No. 5 Austin Friars. Old Broad
will be taken at the prices above named.
where subscriptions
Advertisements.
Transient advertisements are nublished at 25 cents per line for each insertion,
but when definite orders are given for five, or more, insertions, a liberal discount is made. No promise of continuous publication in the best place can be
given, as all advertisers must have equal opportunities. Special Notices in
Banking and Financial column 60 cents per line", each insertion.
wii.liajc B. DANi,
WILLIAM B.
I
& CO., Publishers
JOHN e. Floyd, jk. f
79 & 81 William Street,
.YORK.
Post Office Box 4,592.
neat
furnished at
fW AVolnmes
bound for subscribers
(lle-cover is
50 cents
at (1 50.
cents.
0f~
Dec.
;
NEW
postage on the same
is 17
set of the Commercial and Financial Chronicle—
July, 1865, to data— or or Hunt's Merchants' Magazine, 1839 to 1S71, inquire
For a complete
at the office.
among
BANK RESERVES AND THE REVIVAL OP BUSINESS.
Several questions have been raised of late as to the
gation as to
its
real
nature, extent
many
1877.
Leqal Tenders.
Total Reserve,
.'.
$20,484,1 03
$39,823,700
$60,307,800
22,923,400
36,873,900
59,297,300
8,084,600
tf Reserve.
$8,477,300
16
26,947,500
36,532,400
63,479,600
11,848,475
"
28
27,659,800
85,546,900
63,206,700
11,684,C25
"
30
33,049,700
34,975,103
68,024,8C0
14,909,525
1877.
Jan
6
39,3:0,800
35,883,203
73,654,000
18,458,100
"
13
39,737,400
37.042 900
76,780,300
20,813,225
"
20
40,974,900
40,128,800
81,103,700
24,268,000
"
27
40,187,000
42,251,200
82,488,200
24,781,800
3
88,305,100
43,305,100
81.610,200
23,837,275
Feb.
"
"
"
.
10
85,613,600
48,788,700
79,407.800
21,394,525
17
32,035,COO
45,808,200
77,843,800
19,709,100
24
29,374,900
44,713,300
74,088,200
March 3
28,498,900
43,227,800
71,729,700
16,760,400
.
14,951,700
"
10
27,548,300
42,768,600
70,316,<
00
14,520.(50
"
"
17
24,407,900
43.280,100
67,688,003
12,233,525
24
22,690,200
44,454,000
67,144,200
11,390,200
"
81
20,190,800
44,356,000
64,546,800
9,612,075
April 7
"
14
"
21
21,507,900
42,257,200
63,765,100
9,203,500
19,768,600
44,267,900
20,C51,300
45,896,800
;
•
64,086,500
9,039,775
66,150,500
11,067,650
28
20,531,500
48,!65,000
69,899,500
13,674,200
5
23,119,100
*O,441,70O
73,560,800
16,821,550
"
12
23,212,500
51,066,700
74,339,210
17,523,700
"
19
21,867,400
62,437,700
74,304,900
17,643,550
"
26
21,348,700
58,570,400
74.919,'CO
18,580.950
1
19,814,500
55.899,700
75,744 200
19.673,800
May
June
9
19,441,700
55,(78,100
74,519,800
:8,585,175
16
18,352,100
5">,863,C0O
74,715,700
19,019,250
and causes would
"
"
18
16,209,000
58.255,600
74,464,600
18,635,5-5
30
17,458,000
60,359,500
77,818,500
21,190.450
of these discussions.
more than usual; but the
TO AUGUST,
"
As
is
well known, the weekly reports of our clearfng-house
banks show that the aggregate reserves have fluctuated
this year
1876,
A little investi-
depletion of the reserves of the banks.
serve to put an end to
give the following table:
"
"
If The Business Department of the Chronicle Is represented
Financial Interests In New York City by Mr. Fred. W. Jones.
3
9
or
for Remittances
we
NEW TORK BANKS DECEMBER.
Excess.
.
DANA
fallen to fourteen millions;
Specie.
1876.
TERMS OF SUBSCRIPTION-PAYABLE
had
since which
somewhat further. To illusthe general movements of our bank reserves during
it
believed to have receded
RESERVES OF
is issued on Saturmidnight of Friday.
to
June
at the beginning of July, the aggre-
the last eight months,
The Commercial and Financial Chronicle
day morning, with
;
gate rose to twenty-one millions, and at the beginning
of
trate
<&{)*
NO. 633.
11, 1877.
chief causes of the
disturbance are wholly unconnected with the general
operations of our mercantile and industrial business-
July
"
7
21,259,300
58,447.000
79,706,300
21,699,150
14
18,887,800
59,609,200
77,697,000
20,424,925
"
21
U,979,800
57,499,700
72,479,5CO
16,776.100
"
28
13,984,100
57,325,200
71,809,300
16,043.075
4
14,185,800
54,262,100
68,391,900
|3,606,250
Aug.
The
statistics
show the
true' nature
of
the
dis-
turbance in the volume of the bauk reserves in this city.
Although this fact is recognized, not a few persons have The specie portion of those reserves has varied more
supposed that the falling reserves of the banks must of than twenty-seven millions, at spasmodic and irregular
necessity suggest unfavorable prospects for business, and intervals, and the specie aggregate is now #14,135,800,
a tight money market in the Fall. Indeed, during the against $21,259,300 a month ago, 123,119,100 at the
few months there has been so much of discourage- beginning of May, and $40,974,900 on 20th January.
in many parts of the field of finance and trade, "While these severe changes have been going on in the
that perhaps it is not to be wondered. at that by some specie, the movement of the greenbacks has been much
of the sufferers an unfavorable interpretation has been more steady. Thus we find that after the depletion of
last
ment
THE CHRONICLE.
124
[Vol.
XXV.
perhaps all the more salutary and safe because it
the spriDg trade the greenback reserve gradually rose, on is
At any rate, it is not slower in the United
point, is so slow.
until at the end of June it reached its highest
other countries; indeed, it would not be
States
than
in
$60,359,500, from -which there has been a slow and
many examples among the countries
find
us
to
easy
for
week's
healthy decline to $54,262,100, which is last
financial and industrial recovery is
which
in
of
Europe
as
aggregate
is almost exactly the same
This
report.
more favorable prospects than here. If,
that of )0th August in the prosperous year 1872, when going on with
stringency is averted from us next Fall,
expected,
than
as
is
more
millions
twenty
the bank deposits were nearly
in Congress do not disturb our
debates
if
the
and
year
the
last
August
of
beginning
At the
at present.
good crops and the other
reserves of the banks amounted to 60 millions, monetary machinery, the
greenback
favoring circumstances of the financial situation justify
of business prosperity during
1873 to 49 millions. Moreover, the whole excess of the hope of a fair amount
season.
reserve is now $13,606,250, which is five millions the coming
more than that reported at the beginning of December
in 1875 to 73 millions, in 1874 to 66 millions,
and
in
the legal-tender reserves are so strong, we may
safely conclude that, so far as the recent movements of
the greenback aggregates are concerned, the evidence
last.
WHAT HINDERS PROSPERITY!
The question is frequently raised what are the reasons
As
why the resources of production in this country remain
The Chicago Inter- Ocean preabove
so persistently unused.
does not justify
terse manner, in this wise :
very
in
a
the
case
contrary,
the
the
sents
On
future.
early
the
to
to,
as
referred
observations and experience of some of our leading Here is a population of nearly or quite forty-five
bankers lead them to the conclusion that the country millions, possessing a soil and climate varied and
has not been drawing very heavily upon New York for desirable in the highest degree, ample water comany
special fears, such as are
and a great network of
currency to
directions,
mand
for freight;
for
move the crops. For a year past, the de- munication in all
money here and the rates paid for its use have railroads begging
nevertheless, probably
was one-third of the people are without adequate remunerawere
interest
of
the
rates
tive employment, and many who would gladly have
usual in former years when
have
reported
to
banks
are
work to do have none at all; railroads are going into
interior
the
higher. Hence
kept a larger portion of their deposits at home, and it is receiverships, and their employes are deserting their
inferred that they are consequently the better able to work to engage in unprecedented acts of violence,
meet the requirements of the Fall trade without while what transportation there is to be done is thus
depending so much as heretofore upon the banks of interrupted. On one hand, capital needing investment
is so plethoric in abundance that it takes many millions of
New York and other centres.
Such, at least, is the opinion of competent authorities, bonds at a rate of interest contrary to all the past; on
and, if sound, it corroborates the other evidence that the other hand, both skilled and unskilled labor want
What is the thing that
so far as the New York bank reserves are concerned, employment and wait for it.
the indications are not hostile to the revival of business. keeps apart the capital and the industry which ought
Indeed, with the heavy accumulation of idle capital at to come together?
all our great financial centres, it would seem as if the
Manifestly, there is no change in natural laws since
low rates of interest must soon begin to operate to the 1870; seed will produce harvest, and machinery and
benefil of business.
On inquiry among our mercantile hands will produce manufactures, under the same condicommunity, we find, however, that there is not much tions as then, but even more abundantly, because
sign of this expected reaction.
Several causes are still methods and appliances have improved and increased.
at work to prevent the free movements of capital and We do not produce as much then, because employers do
not been such as to attract deposits so actively as
to
make
it
failures
not want workers. This is only another way of saying
number of that capitalists cling fast to their property, and refuse
two months has increased in to buy labor. The striking employe denounces them as
refuse to enter freely the channels of trade
and industry.
We
during the
further learn that the
last
some of the most important sections of the country, and
that the dividends paid on insolvent estates which are
being wound up compare unfavorably with those of
previous years. It is also reported from widely distant
points that some large firms are in difficulties, whose
assets, though they greatly exceed the liabilities, are
unavailable, being made up of real estate or bonds and
mortgages or similarly unavailable property. A large
proportion of these insolvents have, for years, done business on too small a basis of floating capital. They have
been used to depend on their banks for a large part of
and attempts to solve the difficulty in the
method followed at Pittsburgh, thus attacking the
industrial machinery with club and torch because it
does not move to suit him; but this is the madness of a
midsummer week, and the wise course is to look for the
tyrants,
obstacle which clogs the wheels.
Is
not this obstacle
—fear of several things, or of things not
very largely fear
defined, but fear nevertheless ?
Analysis thus reaches the fact that the capitalists, or
unconsumed and accumulated prodnot buy labor with what they
the active capital they employed.
Inasmuch as they never buy for benevolent
have.
These bank accommodations are now more needful reasons, but only because they expect to get by the
than ever, and in proportion as the necessity increases process more than they have already, it follows that
the possessors of the
ucts of past
labor, will
a corresponding increase in the difficulty of get- they have no confidence in the prospects of profit ; they
Facts like these, which meet us on every would rather, as they see the future, take the risk of
side, tend to show that while the country at large is losing what they have by rust and waste than the risk of
there
is
ting loans.
without doubt advancing and making progress, there is
a great deal of widespread suffering and distress. Here,
as in other countries, our productive powers have been
expanded too swiftly, and must be restored to a healthy
The inflation of credit and of prices, incident to
basis.
our paper-money system, brought on us the panic of
1873, and the process of recovery which is now going
putting
it in
business operations and being unable to get
Thus their fear and consequent inactivity bears
heavily upon the multitude who must live on their wages
from week to week. Do we not then reach the answer
it
out.
to the question asked at the
capital
The
is
beginning
fearful instead of hopeful
in the
fact that
?
calamities dreaded are not natural convulsions or
August
THE CHRONICLE.
11, 1877.]
125
even radical changes of a social or governmental sort; not more to the increasing volume of currency than to
the definite fear is that there may be serious and radical the appearance of government in market as a purchaser.
— that even the continuance of ex-
Evidently both those conditions must combine before we
counted upon. The capitalist can repeat the effect, and even then it could not bo
can neither avoid seeing nor forget that the greenback done, for the old feeling could not be restored. The
inflation heresy yet has a large and formidable follow- capitalist has built his houses on a greenback valuation,
changes
in
the finances
isting conditions cannot be
ing; so have the silver crusaders of Ohio, whose docis even more dangerous than that of the greenback
trine
lived to mark their value down 40 per cent; he has
acquired manufactories which are idle and unsalable,
and
in common and are and similarly depreciated; he has bought stocks and
not devoid of reason and bonds which are worth only a fraction of their cost; he
these classes show the fervor of lunacy has gone through the inflation experience, and although
substantiality
itself, and will resist to the last, determined to harass he would like an opportunity to " unload " on somebody
the cause of resumption even if unable to overthrow it; else, there is not power in 1,000 millions of greenbacks
men, with
whom
they have
likely to coalesce, because
much
it is
;
the approach of 1879 seems to inflame further the persons who never cease denouncing the resumption act as
the cause of
all
our woes, and demanding
its
repeal as
the condition of prosperity, appealing with seductive.
although unsound, pleas to debtors in States largely in
each successive step towards resumption, while not
necessarily discouraging, brings out in stronger light the
debt
to
make him
bubble
is
forget the lesson and to restore the
Inflationists
prices.
is
are sighing for yesterday.
war
The
broken and cannot be restored; the collapse
we cannot even blow a new one, in the
so utter that
time of the present generation.
Meanwhile, resistance to resumption, of whatever
;
sort,
only making prosperity later and the losses by the
present mi'dew and rust vastly larger. If inflationists
is
and shows that the sharp issue is yet to
come. Hence, no intelligent man can fail to see that could only be brought to understand that what they crave
this is rather peculiarly a transition time, and that it is is forbidden by every law, and that their only possible
certain that changes are impending, while impossible to success will consist in hurting every class and every inpredict what they will be or precisely how soon. Hence, terest, the wisdom which could show this would be better
old
difficulties,
the inactivity of capital
not really so
a subject for
them than a
largess of greenbacks.
Prosperity does
bringing back the old order of things, but in
laber-employing enterprises to an extent considerably accepting the fact as past and pressing forward to the new
beyond the needs of hand-to-mouth consumption.
and better order. Accept the situation and get upon the
Now, if this reasoning is sound, the conclusion which solid, ground. This is the lesson the whole country
surprise as
is
is
fit
the sight of any substantial investments in
nobody, whatever his financial notions are, can question
In order to approach renewed prosperity it is
necessary to approach, and in order to reach that it is
necessary to reach, a condition of things which everybody can and will admit to be stable. If the capitalist's
fears are what keep him back from employing labor as
formerly, and if the financial instability which suggests
as possible all conceivable troubles that lie between the
extreme rates of 2 per cent a month and 2 per cent a
year is at the bottom of his fears, it follows that the
A page of
instability is mainly the evil to be removed.
amplification could not make this clearer.
There is,
however, only one condition which is stability, and that
is this
:
—
—
is
the specie basis, to which, by some course or other,
hard or easy, and at some time or other, near or remote,
the country is certain to return. Greenback men and
"interconvertible" theorists may talk what they will,
but unless all history teaches nothing, and this generation is the only wise one the world ever had, gold and
silver are the only real money, and an inconvertible currency is a financial explosive. When we stand on the
solid earth we know there is an immovable foundation
to
not
lie in
and now that we near the decisive test of the
sumption act we peculiarly need to learn it.
needs,
is
re-
SHALL THE RAILROAD INTEREST SUPPORT LABOR
Evidently some people appear to think that success
a crime against the public, and especially if the
successful
promise,
one is a corporation.
No liberality of
however, is excessive when the corporate
A
enterprise is in its inception.
town or city or State
holds out to manufacturing interests great inducements
for the centering of manufacturing establishments
there
—no taxation, free water-privileges, and rights and
easements of
direction,
all
kinds.
As
a result, capital flows in that
and the surrounding country thrives upon
it
;
but five years later one-third the investment proves a
total failure, another third drags out a sickly existence
and the remaining third divides fifteen to twenty per cent
annually.
Or, perhaps, it is banking capital the neighborhood wanted, and by liberal promises obtained in
abundance and with similar returns to the investors.
But what next ? We started with no taxation, manv
privileges and large capital
the close invariably finds
diminished
capital,
privileges
no
and taxation put on in
float
in
the
air
under us; while we
we are sure of nothing except instability. When we get back into the harbor every conceivable form the law allows, until dividends
we left in 1862 we shall have permanence, but until are greatly reduced or wholly absorbed. Is such the
then we shall be liable to be blown either to shore or off estimation in which the public hold the successful corporation and the way it has of rewarding good manageshore.
Suppose we try the asserted panacea of further ment ?
Just at present, railroads apparently are, in the
inflation.
Waiving the difficulty which the inflationists never take breath long enough to explain, namely, opinion of these same people, the greatest evil this
how new issues could be got out unless given away, and country possesses, having absolutely no rights except
To be sure,
also waiving the demonstrated fact that every reservoir the right to support its employes.
time since they were an unqualified good,
is gorged now with idle currency, it is evident that infla- a short
And now, so
tion could revive business only by raising prices, and to be wooed by endless caressing.
thus " floating " the investments and enterprises which long as they will carry freight at the shipper's
are stranded on every side. But inflation could not do price and pay a large portion of
the taxes of
this, for obvious reasons.
The steady rise of prices in the cities, towns, counties and States through which
the early years of the war while we were all getting they pass, their existence is not, perhaps, regrettable.
"rich" by destroying our accumulated wealth was due But the half a dozen (are there more than that ?) that
;
•
—
—
THE CHRONICLE
126
Vol. XXV.
have been economically, honestly and prudently di- than the market price for anything he wishes to purrected and have thereby secured decided success are chase would be simply spending breath to very little
proper victims for the public. Is there any reason why purpose. As a trustee he could not do it, for liberality
such rich corporations should be allowed to get labor at with other people's money is not honest according to
the market price or pay the same as their neighbors for the old code; as a good business man he could not do
coal, iron, lumber or other materials they may need ? it, for he would cease to be such when he adopted that
we must
If
follow the current ideas of the day, as
policy.
But
intimated that Mr, Vanderbilt
developed in political platforms aiad partisan newspaper
You are too
criticisms, we certainly should say no.
labor less than the present market price, or less than
honest and prudent in your management
is
cry
is,
in effect, the
it is
to be in a short time,
and
thus,
is
is
paying for
by squeezing
it
his
—look no longer after the interests of your stock- employes, keeping up the dividends for stockholders
—reduce your dividends, or we will compel you —that property has depreciated, and that he should
his
holders
all
by forcing you to pay the coal and iron merchant be willing to accept the general depreciation, and pay
and all your other employes more than the market smaller dividends. We must again object to a treatment
of this question which makes Mr. Vanderbilt the exponprice.
These demands are of little importance when confined ent or representative of all the shareholders.
The
to the limited class where they have their birth and to Central's stock is widely held, and by investors but
able
to lose any portion of their income
the small politicians who thrive upon them. But it poorly
surprises us greatly to find so excellent and independent
"widows and orphans," the two classes which
a paper as the Springfield Republican giving such ideas are so often mentioned with pronounced sympathy
any encouragement, as it certainly does when it uses by our political newspapers, are largely represented.
to,
—
And
the following language:
many
the fact that so
other securities have depreci-
would indicate that lie had ated, and so many railroad stocks which were relied
now reduced wages below what he regards as their probable upon as undoubted, have
become valueless, makes the
standard in the not-distant future. To have proceeded to this
extremity, and to have invited this great convulsion of employed dependence of such investors upon the Central more
labor, all before a single sacrifice had been asked of shareabsolute and necessary.
All this, however, is of no
holders, seems to have been an unwise policy, conceived in a
feeble apprehension of the great responsibilities of the manager importance, comparatively, if an actual wrong is being
of so vast a property and the employer of so many men. Let
done the laborer, to procure the wished-for result. Yet
him ease his finances by
The
position
of Mr. Vanderbilt
striking off one-fourth of the profit paid
his capital, reducing the rate from 8 to 6 per cent, an absolute
easing of $1,780,000, vastly more than he will wring from his
help by this last reduction, and then he will be in an attitude,
when business revives, to divide the rising and surplus profits
equitably between both the great interests which lie in his
on
hands.
And
The
again
it
says
fact that the
:
New York
We have
nothing to say with regard to Mr. Vanderan individual or about his personal charities. We
add, however, that if the proposition was for him
bilt as
to
everywhere,
we
enforced
see
wages are very low.
Central maintains the same rate
of dividend which it has paid for some years readily suggests a
solution of the problem. This great corporation has not as yet
conceded a dollar to that reduction of the returns of capital which
is well-nigh universal and is inevitable in every investment.
Its
nominal capital is not only almost double its real, but the rate of
dividend on the whole $89,400,000 is stiffly maintained at 8 per
cent.
This cannot always be. With the Pennsylvania road paying only 6 per cent on real capital, the Erie paying nothing, and
the canal carrying free, Mr. Vanderbilt cannot continue to earn 8
per cent, and, if he pays it, it will be at the expense of the permanent property.
may
s this so, or is it possible under the circumstances?
Labor is free, as heretofore, to accept or not to accept
any work that is offered. But labor is not in demand
J
take $1,780,000 of his
the laboring classes,
among
own dividends, and divide
we should certainly encour-
age him to do it. But that is not the question: it is a
question simply between the President of the New York
Central Railroad, its stockholders and the public. That
Almost
As
idleness.
all
a
result,
industries are also un-
—even after taking advantage of the fact of
—and as a consequence, capital brings bat a
remunerative
cheap labor
small return.
Still,
the market for labor
is
as fixed as
is
On
our railroads, wages are determined
in great part by the average ability of the roads to pay,
and not by the caprice of any one man. The whole sys-
that forcapital.
tem or
must be taken into the
expended and the results; and
in the light of such results, does there seem to be any
great oppression in asking men, for the time being, to
accept the situation, by taking the market price for labor,
and share the burden of helping this great industry out
of its present difficulty, and past and present losses ?
This, however, brings us to the main argument used
against the New York Central, and that is the fact that
entire railroad industry
account
it
—the
capital
has divided 80 per cent of stock
holders,
for
which
among
its
share-
no value was
Mr. Vasderbilt owns much of the stock does not affect
given, and has ever since paid 8 per cent divithe issue. He does not own it all, and until he
has dends on it. As the act here complained of was done
received his portion of the earnings by a dividend,
he years since, and the stock has largely passed into
has no control over them except as trustee; if he
is
new haads, we cannot see what relation it can have
honest, he will only manage them for the best
interests to the question now at issue.
But we have no
of those he represents. To his credit, or rather
to the
intention
credit of his father,
it
may be
said, that
when he took watering
the position as head of that corporation he had
not as
good promise of success as many other presidents
of
railroads
priety
;
of
it
writing
stock,
either
is
claimed
favor
in
as
to
of
its
what
wisdom
called
is
or
and we have only cited the Central
discussion for the purpose
pro-
in this
of attacking a vicious idea
which are now in the last throes of existence.
—sympathy for men leading into hostility to railFurther, he has never used his position for the
purpose roads which womld seem to be growing in popularity.
of
speculating in his stock at the expense of his
stockholders, but has, on the contrary, devoted
his time and
attention faithfully to economizing labor in
—
Our
State legislatures should pass laws against fictitious
increase of capital in corporations, allowing such issues
every way in some cases perhaps, but only after
an official inquiry
he could and developing the property
which he con- should determine that the new stock
is for earnings to
trolled.
Every successful business man knows that
an equal amount which bad gone into construction.
suceess in management lies in and
throngh economy, They are almost always made for the
purpose of coverand to tell one such man, whether he is at the
head of a ing up something or deceiving the public.
Increased
railroad or of a cotton factory, that
he must pay higher dividends on the paid-up stock, where
they are earned,
'
llll'.
'.Ml II
would be the more open course. And in this case, if Mr. liabilities, or both, than is exhibited by statements now
V:mderbilt, by his economy and prudence and honesty, on tile."
The Superintendent gives this only as " his views,"
had brought up this property until, instead of issuing
new shares, it paid fifteen per cent regularly on the old but a careful examination of section 2 shows that he is
capital, any objection to its continued payment, if slightly in error in saying that assets available for fire
honestly secured, would simply be putting a premium losses must be stated, for whatever the intent the law
The stock- names only two items, the actual paid-in capital and the
on dishonest and reckless management.
—
much
—
net surplus. The law, howeVer, is carelessly
worded.
In the last section, in providing for a
as they wished, but that use of the money is not, penalty for violation of the act, it omits to specify
we repeat, within the power of the direotion ; and whether " the poor of said county " are the inmates of
it is really refreshing to find one officer at least who almshouses cr the more vague class of outside poor, an 61
deems it his duty to manage his trust simply on if not the former, how and to whom the distribution
holders could give just as
for charitable purposes
and
of
it,
relief of
after the division,
actual
the laboring classes
what has been
.
be made.
Again, a fine is provided for the first,
and double that for every subsequent violation. But
what is the violative act the publication of a new
squandering their resources, guaranteeing other com- announcement, after the 7th, which does not conform to
panies' bonds, assuming leases or stealing all they could the requirements, or as well the continuance in use of
for themselves and their sympathizing friends, the old deceptive signs and other announcements ? If the
mind that has directed Central has been intent appar- latter as well as the former is meant, as seems rational
ently on honestly developing the property, until to-day, to suppose, then when does the first violation end and
with its four tracks, it can transact its business with the the subsequent one begin; is the second week, day,
utmost economy and efficiency, and, in the opinion of hour or minute that the forbidden announcement is
leading capitalists, is well worth in hard money all its kept in use subject to the doubled fine of $1,000?
increased capital and outstanding obligations.
It is also possible to maintain plausibly that a company
Nor do we see how any one can reasonably begrudge which simply advertises its " capital," or its " authorized
those who have invested their money in Ceutral the capital," to be so many millions does not thereby issue
returns they are receiving.
Taken at their average, an announcement " which shall purport to make known
railroad investments have been, as we all know, about as the financial standing of any such company," inasmuch
poor property as one could have. The following gross as "financial standing" means more than, and cannot
business
This illustrates
principles.
shall
Mr. Vanderbilt's course throughout his administration.
For while other railroad heads have, many of them, been
statement for each ef
the last six years of
railroad
—
be set forth by, a single item;
if
this technical plea
could
and debt and dividends is taken from " Poor's be made to stand, then the command of section 2 might
Manual," and illustrates this truth:
be successfully evaded, plain as its intent is. FurtherJ/i es
Capital and
Dividends more, not only is permission given in section 3 to state
Year.
Operated.
Funded Debt.
Paid.
authorized capital in policies, but the language of sec"
1875
73,508
$4,468,591,985
863,039,C6S
1875
71,759
4,415,631,630
74.294,S06
tion 1 clearly permits any amount of authorized, con1874
69.J73
4,2Sl,762,r,94
67,013,942
templated, or contingent capital to be stated, in any
1873
66,587
8,784,518,034
67,110.709
1872
manner, so long as the show-funds are not represented as
57,8*8
3,159,4*3,057
64,418,157
capital
1871
44,614
S.661, 627,615
56,4:6.681
Of the above, under heading of " Capital and Funded
Debt," about one-half the amount is for bonds. The
actual average dividends on railroad stock in the United
States during 1876 was 3-03 per cent.
In the light of
these figures it would seem to be pretty clear that if the
laboring classes are to be supported during this time of
general depression, they should in justice be put upon
some other shoulders than those of railroad
investors.
FIRE INSURANCE ANNOUNCEMENTS.
Among
the laws passed near the close of the last session of the State Legislature was one which has attracted
little
attention until the present week, during
took
effect.
Its title
and publication of
relation to the
is
"An
false
which
act to prevent the
or deceptive statements
business of
fire
insurance."
it
making
in
For the
purpose of calling the attention of the companies to
its
provisions the Superintendent, on Monday issued a circular notifying them that all signs now in use represent-
ing amounts not entirely available for the payment of
losses must be removed; that all signs and other
forms of announcement must .contain at least these
fire
three items, assets available for fire losses, capital stock
paid in, net surplus (on the basis of total assets, less
total liabilities, including capital)
still
that companies
may
We
do not point out these defects in a spirit of hyperbut only because the careless phraseology of
statutes is an evil which makes continual trouble and
does not seem to be growing infrequent in occurrence.
The intent of this law is excellent and meets the approval,
of conservative underwriters who do not desire to procure
business through misrepresentations or misunderstandings;
the necessity of such a statute may be inferred from the
fact that, according to the general impression, a very large
number of signs will require immediate retouching, and a
very large quantity of circulars, letter-heads and other
stationery, blotters, calendars, &c, will be left on hand,
Decidedly, we need to get
fit only for paper stock.
criticisin,
down
to the facts in respect to all
kinds of insurance,
and any law which aims to stop the parading of fictitious
capital, which is good as a decoy but is never forthcoming in case it is wanted, will receive approval. Notwithstanding the defects we have pointed out, the passage of the law is a matter for congratulation for it
will probably be obeyed without attempting to evade it
on technical grounds, since any company which attempts
such evasion may draw an undesirable notoriety, and
;
the precedent of restriction
lished, at least.
Every
in this particular
is
step in the direction of
State supervision effective
is
estab-
making
a positive gain.
and renewals the amount of
RAILROAD EARNINGS IN JULY AND FROM JAN. 1 TO JULY 11.
and that signs placed in use after
The principal event in July to affect railroad earnings was the
date must be changed whenever the statements
great strike. During the last week of the month and the first
state
in
policies
authorized capital
this
;
actually in possession.
(annually) filed
;
hereafter
"show
less
assets or
more week
of
August the
traffic of
numerous roads throughout the
Vajxij
A^U
\jxm.±.\i\jx^ xy^ixjiu.
Northern and Western States was seriously cut down by the
operations of the strikers, and the earnings for those weeks cannot fairly be compared with those for the similar periods in
preceding years. A part of the lost earnings will be made up
by the forwarding of freight which was held back at the time
can
trains were stopped, but the full amount of earnings lost
hardly be regained, and the railroads will be, to the extent of the
pay high wages than before. The
main aspects of railroad traffic last month were the same that
we have noticed for some time past—the least favorable exhibit
being made by the roads in Illinois and Northwestern States, and
much
loss, just so
less able to
the best exhibit by the roads southwest from St. Louis. With
the through roads to Texas the shipments of wheat from that
State have probably contributed a large item to their freight
business. The Illinois Central shows a much smaller relative
decrease in earnings in July than in previous months, and with
this rosd, as well as the Milwaukee & St. Paul and others
dependent on grain traffic, the turning point ought to be near at
hand, so that their earnings (or the month now current should be
close to those for the same month of last year, if they do not
exceed them. A telegram from St. Louis says that the Kansas
Pacific and the Atchison Topeka & Santa Fe Railroads have
formed a pool for all business. Forty per cent of gross earnings
is allowed for expenses, and the remaining sixty per cent is to be
divided equally. The precise bearing of arrangements of this
sort are hardly known to the public at first, but so far as they
mean harmony
instead of competition for business,
they are
accepted as favorable. The Central Pacific decrease is $175,232
for July, which is a decided improvement od the figures for
GROSS EARNINGS IN JULY.
1877.
Atchison Top.* S. Fe ...
Burl. C. Rap. & North'n.
Cairo & St. Louis*... ...
Canada Southern
$194,010
73,309
Central Pacific...
Ghicago & Alton
Chic. Mil. &St. Paul.. ..
CI. Mt. V.& Del.&brchs..
1,8',6,000
Denver & Rio Grande*
Grand Trunk of Canada.
Gt. Western of Canada
.
Illiuois Cent. -111. lines..
Leased lines.
do
* Western..
Indianap. B.
& Gt.
Northern
Missouri Pacific
Missouri Kansas * Texas
St. L. A. & T. H. (br'chs)
St. L. Iron Mt.
St. L. K. C. * North
&S
St. L.
Haanibal & St. Joseph.
Kansas Pacific
Lonv Cin.
&
Mobile&Ohio
$904,702
1,346,045
509,314
826,849
1,364,057
490,4*6
853,526
876,636
286,004
106,054
1,565,721
170,000
262,397,
162,719
5,645,933
Nashv. Chatt. & St. L ...
New Jersey Midland ....
Paducah
& Memphis
& Erie
& Western....
Philadelphia
St.
St.
Joseph
Paul <fc Sionx Citv.
Sioux Citv& St. Paul ...
.
Union
.
Pacific
810,993
812,862
86,309
l,38!i,864
177,190
207,659
113,283
5,993,409
$13,100,884
Total
Net increase
& San Francisco...
& Warsaw..
Tol. Peoria
.
Wabash
Total
Net decrease
13,867
121,6(9
310,160
556,000
24,484
52.101
617,388
355.829
360,610
89,077
84,126
89,500
237.044
253,135
ai,738
29!. 468
193,924
96,424
71.359
273,767
$5,733,540
Inc.
1876.
$
$198,851
Dee.
$4,831
71,4'20
1.889
TO JUNK
$928,108
.
Lex
I
30.
Increase.
$23,406
1876.
1877.
Decrease.
$
18,012
18,818
26,677
65,643
26,858
19,745
175,857
6,0.10
64,688
49,437
346.476
$423,218
12,239
$13,638,645
$410,009
GROSS EARNINGS, EXPENSES AND NET EARNINGS.
The statement below gives the gross earnings, operating expenses and net
earnings for the month of June, and from January 1 to June 30, of all
the roads that will furnish statements for Dublication:
Jan. 1 to June 30. -»
,
—.June.
—
,
1877.
Atchison Topeka * Sante
Gross earnings
Operating expenses
1876.
1877.
1876.
Fe—
$ 185,731
114,711
$186,641
106,8117
$1,036,671
593,453
$1,045,803
629,325
$79,744
$143,218
$516,478
$69,357
58,768
$100,700
85,898
$428,619
341,693
$589,235
$10,589
Netearnings
Clev. Mt. Vernon & Del. and Br'chs.—
$35,196
Gross earnings
81,621
Operating expenses
$15,3C2
$86,956
$148,761
$33,650
84,037
$184,185
149,744
$184,200
def. $387
$34,441
$30,441
Net earnings
Burl. Cedar Rapids
$71,020
&
North.—
Gross earnings
Operating expenses
Netearnings
Kansas Pacific.
Gross earnings
Expenses
$3,575
440,474
153,759
$233,6r2
$388,437
154.351
145,005
$1,346,045
804.483
$1,364,057
877,904
$99,401
$93,432
$541,561
$486,153
$87,437
71,867
$87,964
$.509,314
$490,496
72,291
409,938
412,123
$15,570
Netprofits
Nashville Chatt. * St. L.—
$117,439
Gross earnings
77,963
Operating expenses & taxes
$15,613
$99,376
$78,3f3
$U8,'62
$810,993
498.067
$876,636
79,062
$89,476
$39,500
$312,926
$330,592
$62,750
62,118
$16,120
$312,862
244,686
$286,034
Netearnings
Louisville Cin.
& Lex.
Gross earnings
Operating* other expenses
June.
Int.
GROSS EARNINGS FROM JAST>RT
516,044
'
14,894
115,798
1,541,222
403,671
685.270
27,586
i',(B7
Netearnings
8.851
175,222
93,5 il
129,370
3,102
26, -147
New Jersey MidlandGross earnings
Operating expenses
S5,>80
657,436
266.568
380,495
114,034
88,507
72,406
253,313
234,308
29.564
257,587
216,917
87,769
92,«66
371.978
$6,097,507
10,103
10,7)9
10.86S
24,957
3,781
Neteamings
& Memphis
Gross earnings
Operating expenses
18,307
l,7c9
$144,741
t50R,708
361,967
$86,309
68,957
$106,054
70,229
$5,391
$3,819
$22,352
$35,825
Philadelphia * ErieGross earnings
$250,705
Operating expenses
183,977
$261,265
233,010
$1,889,864
1,007,679
$1,565,721
1.137,425
$61,728
$28,255
$382,185
$428,396
Iron Mt. & SouthernGross earningB
$274,164
Operating * other expenses 164,944
$25?, 043
181.674
$1,932141
$1,119,386
1,130,690
1,078,678
$109,220
$71,069
$801,451
$646,708
$97,778
47,103
$lf6,612
80,846
$612,512
298,712
$611,310
$50,769
$36,266
$313,770
$331,31$
$43,102
88, 860
$54,560
37,326
$275,743
230,254
$285,492
238.092
Netearnings
$4,742
& So. East.- Kentucky Div.—
Gross earnings
$24,443
Operating expenses
20,547
$16,731
$t5,489
$47,400
23,9'J3
8.655
7,319
$14,371
10,552
$12,610
Netearnings
17,094
14.731
28,817
2,174
34,881
$68,173
$10,632
Paducah
Netearnings
St. L.
Net: earnings
Louis & San FranciscoGross earnings
Operating expenses
...
St.
* Three
weeks only cf July in each
year.
GROSS EARNINGS FROM JANUARY
1877.
At. Top. & Santa Fe
$1,830,691
Bnrl.C. Rap & Northern..
501.953
Cairo & St. Louis*
187,f07
Canada southern
Central Pacific
Chicago * Alton
Chic. Mil. & St. Paul ....
CI. Mt. V.& Del.&brchs.
Denver <fe Rio Grande*
Grand Trunk
Great Western
.
Illinois Central (111. line)
Ind. Bloom. & Western..
Int. & Great Northern. ..
Missouri Pacific
Missouri Kansas & Texas
St. L. A. & T. H. (br'chs)
St. L. Iron Mt. & So
8t. L. Kinsas City AN..
8t. Louis & S. Francisco
Tol. Peoria* Warsaw.. .
Wabash
Total
„
.Net decrease
1,032,275
9,066,000
2,341,902
8,515,460
208,669
t 354,967
4.974,436
2,068,098
2,549,119
661,122
746,481
2,074,502
1,684,059
269.481
2,234.609
1,604,844
708,966
572,863
2,959,530
I
TO JULY
1876.
$1,344,654
660,655
138,963
948,619
9,563,167
2,650,373
4,645.767
2t 1.786
+ 229,808
5,879,902
2,258.209
Inc.
$
l,e,43.148
365,088
1,976,974
1,716,123
699,079
786,051
2,358,096
Dec.
$13,963
158,697
1,355
83,5'J6
502,167
808.410
1,130,327
8,117
190,111
511,542
193,916
106.964
70,260
41,911
4.343
217,686
111,572
9,887
213,183
98,566
$689,718
$8,842,464
3i ri* "or
recently reported their earnings for June-
GROSS EARNINGS IN JUNE.
1877.
Hannibal
&
St.
Joseph...
Kansas Pacific
Louisville Cin.
& Lex
. .
Mobile & Ohio
Nash. Chat. * St. Louis..
New Jersey M idland
Paducah
& Memphis
Philadelphia
*
Krle
Joseph & Western
Paul & Sioux City
Sioux City & St. Paul.
St.
St.
Union
Pacific
Total
Net decrease
.
.
Decrease.
21,023
15,315
St. L.
$150,968
$24,985
$141,643
19,321
127,818
131,563
$5,664
$13,805
$19,405
St.
$11,115
8,748
$70,117
61,787
$71,184
$1,869
$3,369
$8,330
$10,347
$40,360
26,2:38
$53,748
31,616
$207,659
161,669
$268,297
181,587
$14,123
$22,132
$43,990
$80,710
$21 ,204
$31,8-8
21.010
$113,282
$162,719
19,9j2
102,478
130,213
$1,212
$10,853
$10,604
$32,506
.$1,101,099
421,401
$1,154,314
418,136
$5,992,403
2,186 371
$5,645,933
2,673,773
$679,6
$736,178
$3,506,038
$2,973,160
Net earnings
$3,894
L. & So. East.— Tenn. Div.—
Gross earnings
Operating expenses
$11,697
9,828
Netearnings
St. Paul <fe Sioux CityGross earnings
Operating expenses
Netearnings
Sionx City & St. PaulGross earnings
Operating expenses
Net earnings
Union PacificGross amines
....
•
Operating expenses..
Net earnings
.
60,837
527
Gross earnings
Operating expenses
Net earnings.
$....
$
1,542,947
$2,086,118
1,64$, 08!
$442,816
$422,537
$1,935,763
"s.iii
117,439
63,750
12,610
250,705
26,878
40,360
21,204
1.101,099
$2,238,532
East.— St. L. Div.—
Wabash—
Increase.
$165,449
258,652
87,437
88,949
& So.
Gross earnines
Operating expenses .......
403.466
• Three weeks only of July in each year.
t Figures this year embrace Trinidad extension; in 1876, the earnings of
this
extension were not included prior to June 1.
The following companlos have but
St. L.
125,161
85S038
$40,790,589
$43,943,295
.....••••.....,.......,,,,,,,.,,,,,.,
«...
,
Net earnings
3,060,661
639.517
2,004,242
379,995
31.
'6,630
U23
1,761
10,560
8,88»
13,383
10,664
53,215
112,879,124
$48,985
$99,517
50,592
—
Messrs. Wilson, Colston & Co., of 134 Baltimore street,
Baltimore, who are the agents in that city for funding the old
Memphis city bonds into new compromise bonds, inform us that
the old bonded debt is about f 4,000,000, and the total liabilities
to be funded are about $5,600,000.
—
The Ontario Silver Mining Company announced the payment, on the 15th insiant, of its eighth dividend of fifty cjnte,
gold, per share.
August
THE CHRONICLE
11, 1877. J
Cateat fltanctarn an& dominercial (Euglial) $tro»
BVCHVN4JK AT LOHOOS AND ON LONDON
AT L4TBST IHTKN.
XCHANGE AT t.ONDONEXCHANGE ON LONDON.
UTK»«r
JULY
SI.
Amsterdam...
3
Hamburg
Parli
Paris
short.
...
15. 30
OK. 35
30.38
ftlO.fill
1-J.Viin
27* 42.) 3i*
3 months. 23
It. 60
Berlin
10.36
S0.8S
Naples....
mos.
8mos.
*3.UK$S5.22)tf'
Vienna
Frankfort
St. Petersburg
Cadiz
90 days.
Lisbon
Milan
8 months.
Genoa.
hort.
IS. 08
23.19
SO. 31
23.11
'.23^812.4
months.
Antwerp
8
311.63
©20.60
EtO.60
(hort.
July
sivas»x
35.
20.41
2D. 43
31 31-32
3 mos.
47»i!ift|s
MJ,®MJ<
S8.05
2S.05
28.(5
@*.13
*7XWX
Madrid
New York..
27.60
QSS.IS
©2^.15
Rio de Janeiro
Bahia
Buenos Ayres
July
July
25.
SI.
June 28.
.
30 days.
U.$%1.
Calcutta
Hong Kong..
Shanghai
Singapore
Alexandria...
June
7.
July
July
July
July
July
July
26.
23.
Jl.
21.
dnyp.
90 days.
4.B4X
6(1
90 days.
6
mos.
» «-: at.
u. 9 8-16 /.
l*.
is.
OXt&U.OXd.
i>%d.
3s.
8.
IX it.
4S.
91
55.
IFrom our own correspondent.
London. Saturday, July 28, 1877.
The war still keeps trade and financial enterprise in abeyance.
In the money market the principal feature this week is the re-appearance of the German Government as a buyer of gold for coinage purposes; but the demand for money has continued very
low figure
of | to 1 per cent. In the discount market there has been no
material alteration. The supply of bills is still very limited, and
the Bank return shows that the applications at the Bank of Ensrland for discount accommodation have been upon a diminished
scale.
There is, nevertheless, an increase of about £1,000.000 in
the total of " other securities," compared with last year so that
evidence still exis'.s, that, in spite of numerous drawbacks, some
improvement has taken place. A somewhat despondent feeling
now exists with regard to our commerce. The news from the
seat of war is less unfavorable to the Turks, and, although
rumors of peace have been current, yet Turkish resistance, when
successful, tends to the belief that the war wiil be protracted. It
is perhaps possible that the Turks will be able to keep the Russians out of Adrianople this year; and in that case, another
campaign would be necessary, which would suit neither belligerent, though it would favor the Turk as it is possible that the
truce necessary during the winter months might lead to successful
slack,
and loans
for short periods are obtainable at the
;
negotiations for peace.
And
yet
how
Russia
can conclude a peace until she hag been victorious, or has been
hopelessly beaten, as it is evident that her motive in going to
war is territorial greed, and the destruction of the Treaty of London.
Russia wants a Black Sea fleet, and the Dardanelles thrown
open to ships of war. Many contend that to allow this would be
dangerous to Europe, but, at the same time, it is difficult to see
how Russian ships of war can be more threatening than have
been those of other nations, and why they should be a danger
it is difficult
to see
more to us than other Powers. The French, during the E-npire,
had a powerful navy at Toulon, and it was regarded as no menace
to us; and it might be argued that if Russia succeeds in obtaining the power she seeks, and if, at any time, she builds a poweradvantageous to us, that, in the event
she would be compelled to come out and fight us
on the seas, if she desired to secure any naval renown. The
possession of Constantinople by Russia would undoubtedly give
her great power over Asia Minor; but it is said that Russia does
not intend to make a peace which shall place her in a false posiful fleet,
of
it
will be so far
war with
us,
tion with regard to the other
there
is
much
indisposition
Powers
to
of
believe
Europe. Unfortunately,
in Russian assurances.
Throughout the Conference, and, indeed, for some years past,
Ruf sia meant war with Turkey, and last year was'very active in
bringing it about. No one can believe that these sacrifices are
being made without the idea of something more tangible than
the amelioration of the onditlon of the Bulgarian Christians, but
are rather being
made with the
object of carrying out a longand the time for accomplishing it seems to be
opportune. A desire is therefore shown to await the events
which -nust before long transpire. A few troops hwe been sent
to our Mediterranean stations to bring them up to a war footing,
and the belief is that the Government intend to keep their word
cherished policy
;
Iu addition to the unsettled state of Europe, business has been
farther curtailed by the riots amongst the railroad employes in
the United States. Serious as those disturbances have been, i t
news comes
to hand.
money market is firm in tone bnt
and the rates of discount are easy, as
Capitalist* consider that the
there
really
is
no
activity,
;
follows:
Per cent
Bank rate
Open-market rates:
80 and 60 days' bills
8 months' bills
The
'
Open-market rateper cent
4 months* bank bills
lXitlli
< months' bank bills
1X%*
4 and 6 months' trade bills. 2 &2'i
.
2
1!4®1J<
lXtt'.Ji
by the joint-stock banks and
rates of interest allowed
discount houses for deposits are subjoined
8 mos.
Valparaiso....
Pemambuco
Bombay
with regard to Constantinople. The country is, therefore, both
anxious and impatient, and business has been restricted in every
department.
has not been the opinion that they would be of long duration.
Business has, nevertheless, been deferred until more reassuring
LATEST
DATS.
RAM.
129
:
Per ce»t
Joint-stock banks
Discount houses at call
Discount houses with 7 days' notice
Discount houseB with 14 days' notice
®
1
1
...
®....
1
@.
1
©..
..
.
Annexed is a statement showing the present position of the Ban k
Bank
of England, the
rate
of
discount, the price of Consols,
the average quotation for English wheat, the price of Middling
Upland cotton, of No. 40's Mule twist, fair second quality,
and the Bankers' Clearing House return, compared with the
four previous years
1874.
1873.
bank
post-Sills
26,313.701
Public deposits
Other deposits
Government
«,H8,S33
18,225,181
securities. 13,2*5,252
27,071,025
3.320,647
19,307,919
ls.627,072
16,553,918
17,149,S80
Other securities
Reserve of notes and
coin
12,123,352 10,773.293
Coin and bullion ic
botn departments.... 23,312,007 22,478,318
Proportion
1877.
1876.
1875.
£
£
£
18,1100.7=9
S,3i)0.S09
88.624,0(14
18,712,KB
4,882.160
28.960,784
15.405,977
11,011,493
28.748.320
4,904,907
23,659,007
14 9' 9,088
18,179,006
15,331,227
19,723,286
13,561,230'
26,608,671
33,037,926
£
£
Circulation— Including
26.222,111
11,026,626
37,029,505
reserve
of
....
to liabilities
Bank-rate
Consols
English wheat.av. ptice
3K
3 p. c.
tifi
p. c.
93S
60s. Id.
60«. 5d.
8^d.
Mid. Upland cotton...
No.40*, mule twist fair
td quality
Is. !J<?i.
Clearing Hoise retnix. 96.013,1)00
8*d.
Is.
OXd.
89.556,000
2X
5758
p. c.
2 p. c.
p. c.
94*
96*
J4X
48s
47s. 5d.
B 15-llid.
lid.
83,523.000
47-03 p. c.
2 p. c.
2d.
Od.
63s.
6«d.
SXd.
10Xd.
10*
81,058.000
Sl,9(6,OUU
These Bank returns are rather favorable, and the proportion of
reserve to liabilities is now 47 per cent. The reserve has fallen
off,
but there has bsen a considerable reduction in the liabilities
which accounts for tho improved relative
of the establishment,
position.
Seven hundred thousand pounds in bar gold has been withdrawn from the Bank this week for transmission to Germany,
but nooth»r movements of importance have been observed. The
silver market ha3 been rather quiet, and fine bars are selling at
The steamer
54Jd. per ounce.
week the large sum
for the East has taken out this
of nearly £720,000.
The present
priefs of
bullion are buI joined:
SOLD.
BarSilver, Fine
Mirer, con'ng 5 gra. Gold
per oz., la t price.
do
per oz.,
do
per oz.,
per oz.
Ilir
Mexican Dollars
Spanish Dollars (Caroms)
Five Franc Pieces
d.
s.
per oz. standard, last price.
per os. standard
nominal, per ok.
per oz.
per om.
per oz.
SILVZB.
Bar Gold
Bar Gold, reflnable
Spanish Doubloons
South American Doubloons
United 8ta».es Gold Coin
German Gold Coin
a.
77
9X»
77
lltf®
74
73
76
76
3
8
d.
54*
5i
s
;
54*
9
©
d.
....
....
....
....
3Xa
76
3X<a
....
®
&
®
3X
a.
....
...
....
peroz.
Quicksilver, £8.
Discount, 3 per cent.
The weekly sale of India Council bills was held at the Bank of
England on Wednesday, the amount allotted being £265,000, of
which £176,500 was to Calcutta and £88,500 to Bombay. Tenders
on both Presidencies at
that price in
Is.
8Jd. received 29 per cent,
and above
full.
As regards the amount of business doing, the stock markets
have been in an unsatisfactory state ; but, on the whole, the tone
has been firm, and the tendency of prices has been favorable.
The supply of stocks at market is very limited, the public, owing
to the abundance of money, being disinclined to part with their
securities.
The American market has obviously been adversely
affected by the serious strike of the railroad employes, and in the
early psrt of the week prices experienced a marked reduction;
but a better tone has since prevailed, the fall in the quotations
having induced some influential operators to purchase the leading descriptions. It has also been the opinion that we have now
heard the worst of the news, and that matters will soon resume
their usual pliare.
The
closing prises of consols and the principal American secur-
ities at
to-day's market,
are subjoined:
compared with those of Saturday
last,
THE CHRONICLE
130
Redm.
Do
Jul v 28.
21.
1885
1887
1881
1904
103 ©104
106K@10h5i
103>i@104>
1875
42
42
4-3
105
106
105
105
105
105
10-40.68
funded. 4tf8, Issued at 103X
Louisiana Levee, 8s
68
1888
1894
1900
..1889
1891
1895
Do
Do
Do
Do
Do
58
58
5b
5s
58
Virginia stock 5s
Do
6s*
©
(T/iH-7
f-ui;
©107
©107
© 35
© 34
© 68
2d mort., $1.000, 78..1902
1902
3d mort.. $1,000
Do
Do
Do
mort. Trustees' certificates
1st
do
do
2d
3d
Baltimore
&
by Pennsylvania
©
@
© 10
3«@ 4/
SO © 22
8 © 10
«
23 © 28
23 ©28
© 85
81 @ 83
61 © 63
8
g
:
1
do
(guar,
do
do
&
Ohio, Con. mort., 7s
1905
Committee of Bondholders ctfa
Potomac (Main Line) 1st mort. 63.1911
(Tunnel) 1st mortgage, 6s,
do
Atlantic Mississippi
& No. CentRailway) .1911
Central of New Jersey, cons. mort.. 7»
1899
1896 104 ©106
Central Pacific of California, 1st mort.. 6s
Do Califor.A Oregon Div.lstmort.gld.bds,6s. 1892 90
Do Land grant bonds
91
1890
Del. &Hud. Can. 7s
86
40
Detroit & Milwaukee 1st mortgage, 7s
1875
411
Do
2d mortgage, 8s
1875
Brie $100 shares
7>i@ S
trustees'
11
13
Do reconstruction
aseeBsm't, $5 paid..
Do
do
$4 paid...
11X@ 12
SO
Do
do
18
$3 paid...
20
Do
do
$2 paid...
Do preference, 7s
18
Do convertible gold bonds. 7s
1904
Do reconstruction trustees' certificates. 7s
Galveston & Harrisburg, let mortgage, 6s
1911
Illinois Central, $100 shares
Lehigh Vallev, consolidated mortgage, 6s
88
1923
Marietta & Cincinnati Railway, 7s
1891
©102
Missouri Kansas & Texas, let mort., guar, gold
bonds, English, 7s
1904
50
52
New York Boston Montreal, 7s
1903
....© ...
New York Central & Hudson River mortg. bonds.
New York Central $100 shares
90
92
Oregon & California, 1st mort., 7s
24
26
1890
do
Frankfort C'ommit'e Receipts, x coup.
24
26
Pennsylvania, $50 shares
30'^© 31)f
Do.
let mort., 6s....
99 ©101
J880
Do.
consol. eina'g fund mort. 6s
1905
89 ©91
Philadelphia & Reading $50 shares
12
Pittsburg Fort Wayne & Chicago equipment
bonds (guar, by Pennsylvania R. R. Co.), 8s
100 @102
Union Pacific Land Grant 1st mort., 7s
1889 101 @!G3
Dnion Pacific Railway, let mortgage, 6's
1893 102 ©104
©92
©92
.
©
©
©
©
©
©
©37
©37
©74
©57
©
&
3V4© 4*
....©
*
&
&
&
demand enhanced terms for their produce, as the
movement, though it might not be construed into an act of hosholders to
....
© 93
©26
© 26
24
24
11
© 89
@ 13
99
©101
100
&102
&103
10
...
©106
©106
©104
.©
©
102
83
40
20
....©
28
© 32
101
©103
©
©
©
90
77
77
....
© 90
83
..«
....
75
75
..
.
©77
Oilman Clinton
&
certificates, 7s
& Springfield 1st M., gold,
Louis Bridge let mort., 7s
do.
2d mort., 7s
DJlnoie Central, sinking fund, 5s
Do.
6a
Illinois
,.18M
!..
St.
87
7s. ..1900
1900
55
95
55
1903
1805
91
102
84
Do.
Do.:„.
„
Mo. A Texas 1st mort., 7a
Lehigh Valley consol. mort., 6s, "A"
t„
5"
111.
19fl5
1891
& Nashville, 6a
19n2
& Ohio 1st mort. 78
1901
Milwaukee & St. Paul, 1st mort 7s
.1902
New York & Canada R'way. guar, by the Delaware & Hudson Canal, 6a
1304
N. Y. Central & Hudson River mort. bds., 6s. .1903
Louisville
Memphis
Northern Central Railway consol. mort., 6s
1%4
Panama general mortgage, 7s
1897
Paris & Decatur
1892
Pennsylvania general mort. 6s
1910
Do.
consol. Bink'g fund mort. 68
1905
Perkiomen con. mort. (June '73) guar, by Phil.
& Reading,
6s
1913
& Erie 1st mort. (guar, by Per.n.RR.)6s..l881
Do.
with option to be paid in Phil., 6s
Phil. &. Erie gen. mort(guar. by Penn. RR.)6s.l920
Phil.
. .
*
Ex
« coupons, January,
;2
37
....
92
8S
99
92
85
108
80
99
25
104
92
52
99
99
82
©74
TO 39
© 39
© 65
© 97
© 60
© 93
©101
© 90
©
©94
© 90
©101
© 94
...
©110
© 32
©101
© 85
©10)
© 93
© 54
©101
72
37
37
55
94
55
91
102
88
....
91
88
99
92
85
103
80
99
25
102
89
52
©
74
a
n
at
New
York, though
larger available supply,
it is
and
it
by no means rapid, indicates a
very generally believed that
is
@1;4
© 90
©
© 93
likely to be maintained.
....
©101
64 35
©104
© 91
© 54
84
82
©
—
—
© 90
© 94
@ 90
©110
© 8;
©100
Present quotations are not excessive.
Bread is not dear but it is acknowledged unless, indeed, the
weather should become very uupropitious that the value of
wheat is sufficiently remunerative to attract from the numerous
foreign countries the supplies necessary for our requirements.
It seems now to be pretty certain that we shall not encounter
much rivalry in the producing markets of the world. It ia
understood that the French harvest is a satisfactory one, and that
France will have a moderate surplus for exportation. Political
;
©101
93
98
be larger this season than for some time past. Although buyers
are now operating very cautiously, and al'.hough tbe trade presents an inactive appearance, yet the tone is firm, and recently
the movements in prices have been more advantageous to the
seller than to the buyer.
It is obvious, when we bear in mind
that
© 39
© 39
© 65
© 96
© 60
(OJlOl
©
shall be in
we require some 350,000 to 370,000 quarters of foreign wheat
and flour weekly to supply our wants, that the position of the trade
should be in favor of holders; and until we are assured of our
own ;rop, and until the visible Bupply has been augmented to a
point which Bhall admit of our stocks being reinforced by an
excess of supply over demand, the present range of prices is
© 77
I
coupons
Do. 2d consol. mort, 7a
Do. reconstruction trustees'
we
the exports from the Atlantic States of the American Union will
....
32
....©
be their duty to make some preparations in
view of the approaching crisis. The closing days of the week
were characterized by much inactivity. There was certainly not
much change in the inland markets, as the supplies of wheat
offering at them were very limited; but at the outports, and
especially at Liverpool, there was decidedly less firmness, there
wheat
....
....
©107
©106
©105
K'5
104
103
indicated that the Ministry were anxious about the
felt it to
from all anxiety. From near countries considerable supplies will
soon be arriving, and the downward movement in the value of
©104
...@
75
75
...
©
it
and
possession of supplies of foreign produce which will free the trade
....©....
©
©
yet
beir.g every reason to believe that before long
©93
....©
tility,
future,
SfcX® 29H
©101
99
57
37
15
&
,
91
104
104
102
As a natural cousequence
might be expected that production in
it
producers, and they are content to look idly for help
State, or from some unforeseen change in circum-
stances.
mxsusK
©
©
@
certs.(a),7s
1892
Atlantic & Gt. W. Re-organization 78
1874
Atlantic &, Gt.W., leased lines rental trust, 7s. 1902
Do
do.
do.
1873, 7s. 1903
Do.
do.
Western exten., 8s
1876
Do.
do.
do. 7s, guar, by Erie R'y.
Baltimore & Ohio, 6s
1895
1902
1910
Bnrl. C. R.
Minn., 7s
1902
Cairo
Vincennea, 7a
1909
Chicago
Alton sterling consol. mort., 6s
1903
Chicago
Paducah 1st mort. gold bonde, 7s... 1902
Cleveland, Coinmbus, Cin.
Ind. con. mort ..1913
Eastern Railway of Massachusetts, 6a
1906
Erie convertible bonds, 6e
1875
Do. let cone, mort., 7s
1920
Do. with reconstruction trustees' certificates of 6
German
©S3
©63
40
cover
the balance of accounts shown
appears that things are not much
;
from the
©102
©20
price, in spite
stated, to
diminished during the present year. Tbe lesson of the crisis,
which has been the inevitable consequence of the over-production of the years following the war, has not yet been learnt by the
28
51
@
is
mining industries would bo for a time considerably restricted.
On the contrary, however, the supply of coal was last year considerably increased and has not, so far as yet appears, sensibly
© 81
100
37
IS
it
© 61
The wheat trade opened with a firm appearance, and on
©105
© 92 Monday holders were able to obtain one shilling per quarter
©92
© 88 more money for most descriptions of produce but towards the
,@ 40
close of the week there was less firmness, and the improvement
30 © 40
which had previously been established was with difficulty sup8X@ 9
12 © 13
ported.
The great scarcity of English wheat and the absence of
18 © 12*
weather calculated to bring the crops quickly to maturity were
18 @ 20
18 @ 20
the chief causes in the early part of the week, enabling sellers to
17 <a 19
36 © 38
Becure some advantage, and it may be added also tliat the
36 © 38
announcement of the impending departure of British troops to
72 © 74
58 © 58
reinforce our Mediterranean stations was some inducement to
86 © 88
91
6s
6s
©28
81
62
103
90
90
86
30
The present
From
collieries it
of this state of things,
© 97
© 22
© 10
3X@ 4>i
20 © 22
8 © 10
AMERICAN STERLING BONDS.
Allegheny Vallev, guar, by Penn. R'y Co
1910
9i%tb 93^
Atlantic & Gt. Western consol. mort., Biechoff.
Do.
from a number of
8
©
district.
better in other parts of the country.
20
23
23
82
same
the cost of production.
(15
©
©13
Do
the price of iron ia the
© 35
© 34
© 64
30
32
62
XXV.
43 per cent lower tban the average price in Prussia during 1872,
and 54 per cent less than the average price during 1874. Since
that year the price has steadily declined, but even in 1870 it
averaged in Prussia about 25 and in Silesia about 15 per cent
higher than the present rate. Variations as great are reported in
of a considerable fall in wages, often fails,
©107
©108
©107
105 ©107
105 ©107
105 ©107
©107
64
1905
New funded 6s
AMERICAN DOLLAR BONDS AND SHARES.
Susqnehanna cons. mort. 7s. Noe.501
97
95
to 1,500, inclusive, guar, by Del.&Hud.Canal. 1906
22
20
Atlantic <& Great Western 1st M., $1,000, 7s... 1902
Do
Do
@ 52
© 52
42
42
105
106
105
52
©52
30
32
&
('
!
©107^
lOHX&llO^ •-09#@r.o^
1 05X0106 J<
105 J£©1061e
101
Do
Albany
%
94
10S*«@!09)tf
5-20
Massachusetts 5s
©
lOS^aiO:^
Dofnnded,5s
Do
94*,;
.138!
0.8.1867,68
Do
Do
July
S4»4©94K
Consols
United States
[Vol.
uncertainties naturally cause
some
doubts, to
arise
respecting
Russian supplies but it is to be hoped that, when the disposition
of Southeastern Europe has to be seriously entertained, the
;
6,100
84
Powers mainly interested
1872, to July, 187 J, inclusive.
A
telegram from Alexandria states that the accounts from the
interior report the cotton crop to be in good condition and
the
yield abundant.
The iron and coal industries in Germany are, according to the
Frankfurter Zeitung, going from bad to worse. From Uoper
Silesia It Is announced that the forced sales of coal at
the pit are
every day on the increase, and these sales necessarily tend
still
further to lower the already greatly depressed price of
coal.
At
one of these enforced sales, for instance, of 4,000 tons
from
a
ermgle pit, the coal went to the highest bidder at
a price nearly
will
be forbearing, and endeavor to
solve this long-standing difficulty.
There may, indeed, be serious
embroilment, and should such be unhappijy the case, the corn markets of this country would be seriously affected. Other agricultural
nations than Russia would derive the benefit accruing from
British purchases, but in the absence of a demand on account of
other nations, we should obtain what we require. Even, however, if there should be peace this year, it is not likely to be
arranged until a late period, when it is quite possible that the
Russian ports of the Black Sea will be impeded by ice, so that
under the best of circumstances we ought to be prepared for
t 11. is::.
some
fHE OHRONlCr/ff
|
contraction of Russian itupplies until next spring.
may,
It
J31
must be observed that prices
are not now go attractive as they were on the outbreak of hostilities, and that a new season is about commencing, the advantage
of which is, to the consumer in Great Britain, that there is no
necessity for apprehension for some months to come. For ft few
months it matters little about Russian supplies. Unless the war
should extend itself, they will always Ihreaten the markets of
Great Britain, as an early termination to the war is always
possible, and Russian merchants will be only too glad to realize
forwarded via Baltic ports
As
their produce.
but
;
it
their financial necessities will
be great, the
contraction of Russian supplies, while the conflict is restricted to
•
the present combatants,
be able
where
to
make more
mere than probable, as importers
is
will
certain and, therefore, better bargains else-
but even if there were a total exclusion of them, we
could at reasonable, and, in all probability, at present prices,
purchase the quantities we need in other quarters.
;
DuriDg the week ended July 21, the sales of English wheat in
the 150 principal markets of England and Wales were rather
larger than in the previous week, and compare also somewhat
They amounted
favorably with last year.
against 18,154 quarters last year
and
;
to 21,781
in the
quarters,
whole Kingdom,
Since harvest
quarters.
the deliveries
in the
150 principal
£
d-
>,
«
9n«rar(No.l2D'chatd)
Linseed
V
cwt
803
a
°
«
Stun. .8200
"
35
.
ton. 29
oil. ...19
Wed.
»• «».
Thur.
d.
a.
£
b.
51
6
Si
6
9 IS
34
30
3
803
30
82
35
29
:
*
9 15
9 15
#
on spot,
Spcrmoll
Whalooll
*
*•«•<!•
,* .^ , ._,. «.
ft
Llne'dc'ke(obl).l»tt:. 9 15
Linseed fCal.)
quar.
54 6
r.
00
Frl.
d.
6
3
a.
d.
9 15
54
»
S,
808
0082008200
82
85
29
35
29
85
29
Cffcmtmeraal anft iHt0ceUaiuott0
Nms.
Imports and Exports for thb Webb..— The imports last
week showed an increase In both dry (roods and general
merchandise.
The total imports were 10,928,867, against
f 8,217,603 the preceding week, and |0,969,188 two weeks previous.
The exports for the week ended Aug. 7 amounted to
$5,025,231 against $5,140,795, last week, and $6,121,905 the previous week. The exports of cotton for the week ending Aug. 8,
were 1,730 bales, against 8,671 bales the week before. The following are the imports at New York for week ending (for dry
goods) Aug. 2, and for the week ending (for general merchandise) Aug. 3:
FOREIGN IMPORTS AT NEW TORK FOR THE WEEK.
1874.
1875.
General merchandise...
82,970,954
4,0J8,722
$2,022,635
2,763,657
1876.
$1,618,(60
2,811,663
Total for the week.
Previously reported....
$7,009,676
248,333,750
$4,788,29)
506,904,535
175,264,189
$6,923 867
196,545,226
$258,393,426
$211,690,827
$179,718,902
$203,474,093
Drygoods
1877.
$5,154,553
4,774,314
S4.4S9.7H
Since Jan.
1
In our report of the dry goods trade will be found the imports
markets have been 1,920,917 quarters, against 1,982,377 quarters,
while in the whole Kingdom it is computed that they have been
one week later.
The followiug is a statement of the exports (exclusive of specie)
from the port of New York to foreign ports, forthe week ending
7,683,700 quarters, against 7,929,500 quarters in 1875-0.
Aug.
Without
reckoning the supplies furnished ex-granary, it is computed
that the following quantities of wheat and flour have been placed
upon the
British markets since harvest
Imports of wheat
Imports of dour
_
Total
Exports of wheat and flonr
of dry
goods
18:5-6.
1874-5.
cwt.
cwt.
cwt.
78,493,348
801,732
e8,5i9,897
834,140
Sesnlt
77.617.616
Aver, price of Ens. wheat for season 539. 6d.
87.675,777
45s. lOd.
1873-4.
cwt.
38,591105
37,461,772
6,983,878
45.452.5JO
6.039,484
37,697,300
88,898,150
268,145
88,3-27,839
2,519,033
for
7:
EXPORTS FROM NEW TORK FOR THE WEEK.
Fortheweek
Previouslyreported....
SinceJan.
1876-7.
39,094,729 48.507.783
...6.108,619
5,690,917
33,29u,OO0 34,361,800
Sales of home-grown produce
.
Oil Markets.
Mon.
Toes.
Bat.
it
computed that they were 87,150 quarters, against 72,700
is
—
London Produce and
indeed, be regarded as certain that supplies will continue to be
1
1874.
$5,187,917
170,605,103
1875.
$4,325,682
143,952,317
1873.
$5,427,859
146,743,926
1877.
$5,025,231
155,385,577
'175.763,020
$148,277,999
$151,171,765
S160,4:0,e08
The following will show the exports of specie irom the port of
New York for the week ending Aug. 4, 1877, and also a com-
parison of the total since Jan. 1 with the corresponding totals
for several previous years
July 31— Str. Acapu co
Panama
Amer. gold coin..
$2,000
Aepiowall
Amer. gold coin
6,000
Aug. 2-Str. Lessinz
London
Amer. silver bars
80,000
Aug. 4— Str. Germanic
Liverpool
U. S. trade dols
82,000
Amer. silver bars.
85,000
:
.
.
,
The following
produce into
from the
68,636^005
48s. 8d.
79.778,506
61s. 8a.
show the imports and exports of
and from the United Kingdom since harvest
figures
September
1st of
to the close of last
viz.,
week— compared
Floor
^^
wheat
cwt.
Wheat
Barley
Oats
£eas
pans
IndianCorn
1875-6.
48,501,760
7,7,1.15!
10,230,140
1,339.024
3.619,833
26,562,532
5,690,917
1874-5.
37,461.772
12,362 3£6
9,518,825
1.745,607
2.673,656
14,644,933
5,933,378
1873-4
38.591 '05
8 2'"'S74
9709 333
974
3,431,571
16 165 173
-
MU8
6>39;i31
EXPORTS.
753,214
49,487
85.733
23,4e5
31,081
474,570
43.456
Barley
ate
2eas
£
Beans
Indian Corn
F ln " r
854.836
23,701
353.689
38,465
9,528
48.595
2 9,281
203.967
187,134
77,691
18.582
2,657
46,431
56,178
2,320 250
233 478
1223J5
11,306
2 513
1-7814
228,783
Busllab .tlarnei Keporia— Per Cable.
Thedaily closing quotations in the markets of London and Liverpool for the past week have been reported by cable, as shown in
summary
London Money and Stock Market.— The
the following
bullion in the Bank
of England has decreased £670,000 during the week.
Sat.
Moo.
Tnee.
Wed.
Thar.
Prl
Consoie for money.. 95 1-16
:
95 3-16
91%
95«'
95 3-16
account.. 95 1-16
0.8.6* (5-20S) 1867.... 106*
M S
*£
d.s.hmo.
™' w ?"
«-s
no*
1W){
M%
95 3-16
106*
"•«
95V
95 3-:b
106J4
106*
no*
W7%
no*
I**
aoS
my.
iio*
iotb
107J4
New4,*8
lOb*
106K
106&
lC6?f
!0j«f
Liverpool Uotton ttirkit.— See special report of cotton.
Liverpool Breadstuff* Market.
sat.
Mon. Tue«.
Wed.
Thur.
Frl.
:
—
8.
_,
nr(e ?."'?.Sultc
» bbI
£?
Wheat (R. W. spring). » ctl
Se
>
ei
nle )
"
} ^\
\ r- •
White club)... "
Cornjn.W. mix.) y quarter
Peas (Canadian) V Quarter
Liverpool Provisions
..
„
1
"
(C.
14
25
37
)
.
d.
«
^
°
-3
5
°
I
—
d.
s.
Urd
(American)....
"
Cheese (Am. 4ne)....
"
.
d.
8.
*
«
41
52
—
Sat.
d„,
Rosin (common)...
'•
V
flue >- •••••-••
cwt..
"
p.t.^i
Petroleum(renned).
...•(( gal
lu
S*S"2IJ»//».W,.4,
Cloverseed(Am.red)..
••
45
Spirits turpentine
d.
SO
c
Tues.
a.
d.
12
5
12
25
37
9
26
6
37
Wed.
e.
44
52
Tnee.
5
*
10
«
8*
1
™
d.
I*
260
d.
6
540
Thur.
d.
38
6
S8
54
6
9
87
43
58
9
Tnnr.
s.
5
19
8*
45
250
d.
nw
d.
>.
540
jiX
4,
6
Frl.
52
Wed.
5
e.
37
43
«. d.
5
16
njtf
41
45
H
9
44
8.
b
6
52
d.
d
86 6
10 10
12
d.
8
1!
37
°
:
26
5
«.
Mob.
e.
12
55
87
a.
6
12
37
540
d.
26
11
87
litf
"250
25
37
5
9
6
e.
87
-
Liverpool Produce Market.
6
18
:
•
d.
12°
Market.
Sat.
Mon.
eme
,
8.
28
11
»
9
6
P
86 °
". )
«. ? mess)
P^i (W't.
-S^;
Pork
tfbbl 54
Bacon (1 g clear mid.)* cm 87
(
d
s.
11
sil.coin(frac).
Total for the week
Previously reported
3,000
Total since Jan.
1.
$208,000
-. ..$22,071,323
8.
Frl.
d.
50
10
11V
41
8*«
45
SO
6
45
i6
0*
3
Same time In—
1
1876
1S75
1874
1873
1372
1871
2!,b63,32S
;
1877
Same time in—
IKPOBTB.
1876-7.
cwt. 39,094,729
12,091,014
10,679,707
1,23!,893
4,102,918
31,108,599
....
«,103,619
Am.
cereal
with the corresponding periods in the three previous years:
„..
. .
$38,006,282 1870
59.237.817 11869
37.603.692 1868.
3i.832.455 1867
55 233.266 11866
62,230,5I6|
$40,715,78*.
I
I
|
»
The imports
.
of specie at this port during the
been as follows
Aug. 1-Schr. Impulse
Aug. 2— Str. Tybee
2i,436,648
62,584,680
33,674.716
51,977,142
same periods have
:
Gold
SanDomingo.&c.Goid
Belize
$383
980
Silver
Ang2 — Str. Nia?»ra
4— Str. Andes
Aug.
Havana
Am. «for'n
Aspinwall
Gold dnst
gold.
440
Total for the week
Previouslyreported
Total since Jan.
Same time
1,
$14,129
7.639,160
1S77
$5,675,754
8,017.157
8,059.723
2,964,
now
2K
2,797,c81
J.
$7,713,289
Same time m—
in
1876
1875
1874
1873
1872
—Messrs. August
6,826
6,530
1871
1870
.... $7,404,449
....
..
1868
1367
Brown & Son, bankers, 34 Pine
.
7.405.375
9.815,300
4,*.24,114
1,743,56
street, are
mortgage bonds of the Nashville
Louis Railway Company, secured by a first
lien upon seventy-five miles of completed and equipped road
(Winchester & Alabama and the McMinnville & Manchester
branches), and issued at the rate of $4,200 per mile. These bonds
are sold by the Memphis & Charleston Railroad Company at 75
per cent and accrued interest, and that company only offers them
at this price on condition that at least $200,000 are applied for
by September 1. The bonds are for $1,000 each and bear interest
at the rate of six per cent per annum, payable January and July
The
in New York, aud run for forty years from January, 1877.
mortgage deed limits the amount of bonds which can be issued
to $6,000 per mile of road.
The present issue ia at the rate of
$4,250 per mile, and is the first and only mortgage upon the
road and rolling stock.
These branch lines have been recently
purchased by the Nashville Chattanooga & St. Louis Railway
Company from the Memphis & Charleston Railroad Company,
and the bonds now offered for sale were given in payment forthe
same. The bonds are also a direct obligation of the Nashville
Chattanooga li St. Louis Railway Company, which has been
paying dividends for some time past on its stock of $6,800,000.
According to the terms of the sale of the two roads, the bonds
given in payment by the Nashville Chattanooga & St. Louis
Railway Company are to bear interest from January 1, 1878. On
this account the Memphis & Charleston Railroad Company now
offer the bonds for sale, with the first coupon bearing interest
from 1st January next, and will deduct from the price of issue
the interest maturing on the bonds from the date of purchase to
January 1, 1878.
offering for sale the first
Chattanooga
&
St.
THE CHRONICLE'
U2
&he Cankers'
<&a?ette.
NATION.1L BANK!* OBOANIZBD.
States Comptroller of the Currency furnishes the
following statement of National Banks organized the past week
Bowne.
8 887— First National Bank of Eaton Rapids, Michigan. Andrew /.
President; Crank H. De Golia, Cashier. Authorized capital, $50,000;
August
a,
business
commence
Authorized
to
paid-in capital, $30,091
:
1817.
,
OIVIUBNOM.
r
When
Pun
Books Closed.
P'able. (Days inclusive.)
Cent.
Nix* OF CoKPANT.
Railroads.
Cleveland
Louisville
& Pittsburg, guar.
& Nashville
1*
(quar.).
Sept 1 Aug.
Aug. 10
1*
11 to Sept.
!
Insurance.
Fire
Sterling Fire
Ang. 15
2
FRIDAY, AUGUST
187T-5 P. M.
10,
The Money market and Financial
financial situation remains essentially
—the money market
is
Situation.
unchanged since
last
—The
week
easy for call loans but quite firm on com-
mercial paper, securities are steady, go Id and exchange dull.
The crop year for grain receipts at the Western markets ends
with Aug. 1, and from the receipts at seven principal Lake and
Biver ports to July 28, we have the following figures as compared
with three previous years
RECEIPT 9 AT LAKE AND RIVER PORTS FOR FOUR TEARS ESDING ABOUT
:
ADODST
Flour,
Wheat,
bbls.
bush.
81,684,510
1876-7.. ..4.8-2,534
1875 6.. .5,343,669
1874-5.. ...5,3a7,843
1873-4.. ..6,309,895
66,287.-'tl2
.
As showing
65,821,727
84,947,396
the grain
1.
Corn,
bush.
bush.
Barley,
bush.
bush.
81,643,5 6
62.901,020
46,966,218
62,818 017
21.691.654
29,489,310
i'2, 591,127
25.836,164
8,492 033
7,607,087
5,472,498
7,007,673
2,897,678
2,247,166
1,427,649
1,761,216
Oats,
movement
for the
Rye.
seven months of
first
this year, the following tables are prepared:
RECEITTS AT LAKE AND RIVER PORTS, JAN.
Flour,
Wheat,
Corn,
bush.
bbls.
2,213,642
2,935,768
2,658,885
3,589,831
1877
1876
187i
1874
10,291,115
26.441,498
»H,381,28S
42,963,253
1
bush.
44,697,5^
42,404,348
27,735,509
38,390,716
TO JULY
28,
FOR FOUR TEARS.
Oats,
hush.
Barley,
bush.
Rye,
bush.
10,645,867
13,&)6,70i
2,719,182
2,970,439
1,545,255
2,220,143
93)927
111.681,370
14,577,454
997,346
1,511,029
bush.
bush.
bush.
bush.
cities
embraced
in the
statement are
New
York, Boston, Port-
and New Orleans. For
the seaboard receip'ts show a
land, Montreal, Philadelphia, Baltimore,
the
seven months of this year
decline in every item, not excepting
that the advance in railroad freight
Erie Canal tolls, have sent a much
first
corn,
rates
and as it is well known
and the reduction of
larger proportion
of grain
easy to see where
'he trunk lines have suffered a material loss of tonnage. It is
much better, however, in our opinion, that the railroads should
charge a fair price for the transportation of grain, than enter
into a senseless competition with the water routes and
each
other in summer
they should prepare to do the bulk of their
this year over the
Lake and Canal
route,
it is
;
grain business while navigation is closed, and trim in their
sheets accordingly during the rest of the season.
In our local money market there is a perceptible hardening
in
tone, although call loans are still made from day to day
at 2@2A
per cent. On call loans at the banks 3@4 per cent is
usually
the rate, and on time loans of three and four months, secured
by
collaterals, 4 to 6 percent is about the range.
Prime commercial
paper is in moderate supply, and fells generally at
5@6 per cent.
Us, 5-408. 1865,
The
New York City Clearing-House
banks, issued Aug. 4. showed a decrease of $2,436,825 in
the ex
cess above their 25 per cent legal reserve, tbe
whole of such
excess being $18,606,250, against $10,043,075 the
previous week
The following table shows the changes from the
previous
week and a comparison with the two preceding years
*
1877.
ii>7«
N
I87fi
u, y 58
Att «- *
Differences.
Aug. '5
An, j
t~
a dl«.
...
-'J
loan* and
last
statement of the
:
-
1*49.169600 $219,767,800 Tnc.
H**!G
1'-;
wJ J"to?.-"
SlllKlw;Lecal
tendert.
18.984.100
1! 51 "-W0
2
-
.W22
57.325.400
1518,200 $252,75?i,3<io $239 434 300
14.185,800 Inc..
151.700
80 126 000
IBS linn
15.585300 Inc.
15 007 600
87 00
.'Jafl
S10 -'««.«°0 Dec. 1,8983:0 2*479 3J0 251
54.262,100 Dec. S,C63,10U
60,313,300
78,60^300
M
$'g$
United State. Bond.._Government
securities have been
lair demand on a miscellaneous
sort of business.
There
& Nov
&
&
A
&
&
&
&
&
1
'
Aug.
Aug.
Aug.
8.
9.
10\
111* »11I* Mil*
112* 112* *112
106X
1CW*
•MM*
109
'
111*
•in;*
•109* •109*
•Mr*
113
106*
103*
%
108
•111*
•m* •111*
'
*
•106
107
10T
106'*
•108*
111*
111*
109*
112*
•109H 109* MM*
•109* 109* •109*
•108* *t08Si 108*
108* •108* IObHK
105 *
105
105
Quar.— Jan. «105J{ M054
small coupon
125
»124* »124*
reg.. J an. & July. 125
.... *124*
Currency
•This is the price bid; no sale was made at the Board.
since
amount
in
prices
Jan.
1877,
and
the
of each
1,
The range
class of bonds outstanding Aug. 1, 1877. were as follows:
4s,
Ss,
/—Range since Jan.
Lowest.
I
110* June
coup. 111* Mch.
coup. 107* Feb.
reg.
1881
1881
5-208,1865
6s,
6e,
6s.
6s,
6s,
6b,
5s,
5a,
11
5-20s,lS67
5-208, 1868
funded, 1381
44s, 1891
44s. 1891
68. Currency
5s,
114J4
May
coup. 111* Aug.
117'/,
Jan.
t09* Mch.
coup 110* Mch.
coup 100* Mch.
reg. 105* Mch.
coup. 106* June
reg. 121* Jan.
114* Jan.
114* Feb.
112* '.'in
109* July
27.
10614
U.S.
110i«
5s. 10-408
Aug.
107*
219,249.650
106*
110*
107*
106*
1
1
—
'8a853',459
8,581,00i
130,456,050
212,479,900
21,782,800
53,351,450
289,190,700
43,043,900
64.629.512
—Lowest.
|
1.
Coupon.
111,956,11X1
as follows:
ttange since Jan,
.,
10.
106*
110*
107*
106*
106
93,139,600
15,691,000
142,214,850
July
3.
U. S. 6s, 5-20S. 1867
26
1,583 550
72,160,(0:1
London have been
Aug.
July
Amount Aug.
,
May
109
126
Olosinsr prices of securities in
state
1877^
111 "4 April 24
ill* May 17
reg.
10-108
10-408
1,
Highest.
Registered
Ill* Jan. 17 $193,832,900
115* May 86
4
July
106
coup. 108 * July
new. .coup.
5-20S, 1865,
I,
*J7.
—
Highest.
1
1P8
June 25' 110* Feb, 6
107* April 17i 110* Feb. 6
105* April 25 109 July 11
108'/, May 16 106* Aug. 7
1
1
and Railroad Bonds. — In Southern
State bonds Louisiana consols are 78f to 78f
South Carolina consols, 70@72 ;
"
Alabama, class A," 40J@41^. On information received through
private sources from State officials, we stated recently that the
exchange of direct State bonds for the Alabama & Chattanooga
endorsed would be made at Montgomery, but it appears that
the authorities are not yet ready" tw make the exchange, in consequence of some disagreement between the London bondholders
and their attorney in Alabama. From Virginia, the latest telegrams announce that the balloting for a candidate for Governor
Gen.
in the Democratic Convention was still iu progress.
Mahone, the candidate who advocates a " re-adjustment" with
bondholders, was ahead from the start, but did not gain much
afterward. The Baltimore City five per cent loan of $5,000,000
met with bids of about $7,000,000, at par to 103.
In railroad bonds there has been little new. Every bond that
is considered sound and above all probability of default sells at
full prices, while others that are uncertain, or in regard to
which the bondholders see no prospect of getting their rights
without tedious litigation, are often selling below their value,
or what ought to be their value.
Messrs. A. H. Muller & Son sold at auction 25 shares iEtna
;
Company at Oil}, and 40 shares Morrisania Steamboat
at 33.
Closing prices of leading State and Railroad Bonds for three
weeks past, and the range since Jan. 1. 1877, have been as follows:
Insurance
Company
July
States.
27.
•43*
•43*
•17
78
do
do
2d
scries.
.
•40
•105*
Aug.
Aug.
3.
10.
Since Jan. 1, 1877
Highest.
Lowest.
Jan. 11
28; 45
June 7
•43*
42
Feb.
28
444
*48K
•17
July 10 22)jJan. 6
18
•78" 82* April 2 82* Apr. 2
•7-t
•40
•40
Jan. 16 45 Apr. 11
38
106* *106 104 Jan. 23,109* June 5
79*
n*
66*
Columbia, 8-65s 1924
Railroads.
.
107
88
87*
•108*
•UK
. .
.
do
in
•
This
sinking fund....
is
•'•KV
the price bid; no salt was
.
,
1
43* 42* Feb.
44
Central of N. J. 1st coneol.
66
Central Pacific 1st. 6s, gold . .
107
Chic. Burl, a Qnincy consol. 7s 108*
Chic &> Northwest'n, cp., gold
87V4
Chic. M. & St. P. cons. s. fd, 7e
864
•109
Chic. R. I. &Pac. lst,7«
Erie 1st, 7s, extended
LakeSh. & Mich.So,2d cons.cp
Michigan Central, consol. 78
•114V4
•1173
N. Y. Cen. & Hnd. 1st, coup.
Ohio & Miss., cons. sink, fund •88
Pitisb. Ft. Wayne & Chic. 1st
117*
St. Louis A Iron Mt.. 1st mort.
District or
105*
has
112*
'
decline of £670,000 in bullion for the week, and the discount rate remains
unchanged at 2 per cent. The Bank of France lost 3,100,000
francs
and the Imperial Bank of Germany, 13,200,000 marks.
112*
no*
The Bank of England, on Thursday, showed a
in specie,
7.
107
107
July.*106* *I07
5-20s,1865, n.i... reg.. Jan.
107
July. 107
106*
n.i. .coup.. Jan.
111".!
July.*109
109
reg. .Jan.
,
6e,5-208, 1887
109* •109
July. "109
coup.. -Ian.
6s, 5-208, 1867
July. "111% 111* •nix
reg.. Jan.
5s, 5-20s, 1868
July. 'Ill* 111*
coup.. Jan.
6s, 5-808,1868
Sept. 109* 10«* io3 *
reg.. Mar.
5a, IfMOs
coup. .Mar.
Scpt.*113
113* •113
5e, 10-40s
110
reg. .Quar. —Feb. lit
109*
5o, funded, 1881
110
5s. funded, 1881... coup.. Quar.— Feb. 110
reg.. Quar.— Mar. 109
10s* 108*
4*8, 1S91
coup. .Quar. —Mar. 109
108* 108*
4*e, 1891
Quar.— Jan. 105* N'54 1054
4s, registered, 1907
6e,
bush.
W77
6,172.832 46,303,797
9,437,247 1,985,865 697,850
Same
85,475 469 51,093,-79 18,ii77,381 I,935,u5l 810.828
Same
22,97i;301 29,3
_
9,58*913
9,479
312,979 145.1*5
Same
31,831,164 83,659,620 10.187,459
726,093 610,707
In the movement above given, the receipts at both Lake and
river points, and at the seaboard cities, show the large decline
in wheat and flour as compared with prior years.
The seaboard
Ang.
6.
111**111*
.
May
Ang.
4.
reg..Jan.& July. Ill*
coup. 'an. & July. 112*
6«,1881
88,1881
Called bonds
755,995
RECEIPTS AT SEABOARD PORTS FROM JAN, 1 TO JULY 23, IN FOUR YEARS.
Flour,
Oai s,
Wheat,
Corn
Barley,
Rye,
bbls.
3,5^4,020
time 1876. .5,141,011
time 1875. .5.131,753
time 1874.. 6,003.258
:
Aug.
Int. period.
miscellaneous.
(guar.)
Closing prices have been as follows
On dem
On dem
5
Pnllman Palace Car Co.
1877:
Coupyn Bonds. -$50, No. 40.C01 to No. 44,000, both inclusive; $00, No. 6f ,001
to No. 76,000, both inclusive; *500, *io. 5 '.001 to No. 67,000, both inclusive;
81,000, No. 85,001 to No. 96 090, both Inclusive. Total coupon, $7,000,00\
RegWertd Bonds.— tSO, No. l,4ul to No. 1.600, both inclusive: $100, No.
11,901 to No. 18,100, both inclusive; $500, No. 7,751 to No. 8,300, both Inclusive;
$1,000, No. 25,101 to So. 27,400, both inclusive; $5,000, No. 7,301 to No. 7,650,
both inclusive; $10,000 No. 11,751 tn No. 18,t50, both Inclusive. Total registered, $8,000,000. Total of bonds, $10,000,000.
Aug. 13 Aug. 8 to Ang. 12
$6
7
City Fire
New York
been considerable done on speculation, in which some of the Gerthe principal operators. The importations of bonds have quite fallen off, and the parties who formerly
brought in most of the bonds from London have recently been
buyers here rather than sellers. The investment demand hag
been fair and has been well distributed among purchasers of
moderate lots.
The Secretary of the Treasury issued, August 3, the fifty-fourth
call for the redemption of five-twenty bondB (consols of 1865),
embracing the following, on which interest will cease November
3,
recently bees announced
XXV.
man bankers have been
The United
The following dividends havo
[Vol.
•77
71
50
•92
98
•1024 •108* 100
•114* •114
118
•1174 •11?
114
•85
81*
•117*117
95* •99* 32*
105* U'5* 108
97* 87*1 92*
•85
•117
maae
Jan.
2
80
June21
Mch. 5 85 Jan. 5
106* 105* Mch. C|110*Junell
106
Mch. 16 111* June 14
88* 80* April 111 93* Jan. 2
•86
Jan. 28 884 June 19
78
106
Feb. 28 112 June 29
109
109
Jan. 15 115 June 39
68
at the Hoard.
July 17|102 May 10
May 2 104* Mch. 12
Feb. 191118 June 7
Mch. 51121
June 28 92
May
May
Jan.
June23
9|l2S
24
22
Mch. 22J103* July 12
Jan. 9 108* Juno 18
Mch. 81 98* Feb. 6
1
^^m
IMI
,
Railroad and inuoellaneans stock*. — In the mock marfavorites have developed much
tilrrngth, and some of the trunk-line railroad stocks were selling
to-day at the best prices made for some time paBt. There is no
ket the leading speculative
information as to the earnings of these railroads, and it is, therefore, impossible to lonn an opinion as to whether their strength
is attributable to an improvement in their financial condition or
From the
merely to the present influences of the market.
recent firmness in the stocks referred to, as well as in the
so-called granger stocks, it would appear that " the street"
has accepted the idea that the last half of the present year is
going to be sufficiently profitable for railroad companies to enab'o
them to earn something for their stockholders. Western Union
Telegraph has still been about the most prominent stock of the
week, although several points off from the highest reached in
the late advance. It was stated yesterday that a committee of
the directors of this company had b^cn appointed to confer
with a similar committee of the Atlantic & Pacific, to agree upon
an advance in rates or some consolidation of interests, Railroad
earnings are given at length on another page.
Total sales of the week in leading stocks were as follows
:
D
i
Lake West'n
.VII.
Shore. Union.
Canal.
Aug. 4...
«..
8!"
9...
10...
«,835
14.790
3 700
MM
1,800
7,110
2.3,605
20,606
33,673
48,759
25,7o0
9,550
2,100
5,017
...
...
...
8,M»
27,000
25,4t0
1,5.0
* En. A W.
pref.
21.800
38,87*
...
...
...
N. Y. N'wcst
Morris Del.L.
St. Paul
2,120
2,200
1,800
1,100
7,600
7,150
Cent.
5,420
18,500
13,52b
18.281
11,760
6,700
400
4,9!5
1,458
500
5,060
3,435
8.900
5,670
5,120
9,515
total number of shares of stock outstanding is
last line, for tie purpose of comparison.
The
and lowest orices have been as follows:
daily highest
Monday,
Aug. 6.
baturaay,
Aug.
4.
Tuesday, Wednes'y, Thursday,
»ug.7.
Aug 9.
A ill .8.
At.*Pac.Tei.
IS
10* 10*
•96
98X
Central of N..I
Chic. Burl. *y
C. Mil.* St. P.
do
pref.
Chic. * North.
pref.
do
C. It. I. A Pac.
Del.* H. Canal
Del. L. * Weil
Han. *St. Jol
do
pref.
Harlem
iox iox
98 X 9S«
2ix 2>x
SOX 61
2l* 3JS
m\ 52x
9*X 91 X
S'X 41%
61
MM
MX
40X
41 X «X
SIX
rv;
1)1
Brie
111.
?X
139
61
'
61*
49* SOX
«.s 4.3 s
69
69X
Lake Shore...
Michigan Cent
Morris &Essex
K.T.Cen.*H.l{
27
27
111
141
SIX
43X 43*
68X 70
93X 93X
34 JV
2.X 21X
H
i
Exp...
96
American Ex
'....
United States.
10
a
..
•40X
\ :2X
94X 95*
94X
44
44
43 V
42 X
9X
»X
27
'140
II
3!X
4IX 46
•9X 'i0*
»SV 94X
8X
21
21
108
KM
sv
95
41
42
42X
•21
12
99 K
r. ,
12X
»::
,
m
V
9X
9V
was made
9X
nx
27X
28
28
61*
52X
45X
69V
91*
•2X
2lX
X
52\
43X
70X
94X
•IX
• IX
52 X
45 X
53*
95
41
92
44
32
•41
34
at the
61
I1X
V8X
46 V
•9* 70
94 V D5X
3X
3
3
21X
21V
•21
103
111)
111)
•X
65
ft
•X
63
72 X
93
43
93V 93V
•44 X
S3*
•83
42
42
Sales
A
Chicago
.
4,i:4
554
10.200
34,150
2,600
Northwestern
do
do
57,741
19,510
21,892
76,176
7,710
1.850
2,150
pref...
Chicago Rock Island A Pacific.
Delaware A Hudson Canal
Delaware Lack. A Western
Erie
Hannibal A St. Joseph
do
do
Harlem
..
i
prof
Lake Shore
Michigan Central
Morris A Essex
Ohio
A
A
29,160
11,853
Hudson
River.
87.8.
Mississippi
1,700
8,000
170
4,737
Pacific Mall
Panama
Wabash Receipts
Union Pacific
Western Union Telegraph
775
American Express
United States Express
Fareo
The
ACo
4X
Highest
Mch.
3] 25
87% Jan.
19'll8% Jan.
II
IS]
23
18
23
23
13
25%
63%
87%
58%
Aug.
Aug.
1«M 46%
49% 84%
31% 45<4
55X 67%
Jan.
Jan.
102% Jan.
June
74% Jan.
June 11 77 Jan.
Apr. n\ 10% Jan.
98 J4 111%
61)4 125
64% 120%
23%
10% 22X
18* 33%
7
17
I
latest railroad earnings,
1»M
Apr.
30
14
June
30i
59*. Jan. 15
56
and the
84
96
5
I* Jan.
7
8 26X Feb.
8 130
Mch.
214 July
12>; Apr.
8%
totals
106
117%
24%
16% 39 %
140
122
57X 74%
63% 80%
78
1
100
1114
5'
55
67
8l
49% 76%
5'
79
X17
from Jan.
I
91
1 to latest
dates, are given below.
The statement includes the gross earnings of all railroads from which returns can be obtained. The
columns under the heading " Jan. 1 to latest date" furnish the
gross earnings from Jan.
In the second column.
.
1, to,
and including, the report mentioned
Latest earnings reported
1877.
A
Cmada
.
i
.
St. L.
AS.Franciscot.Monthof July...
SuL.AS.E'n(StL.div.)2d w'k of July..
"
(Kcu.div.)..2d w'kof July..
"
(Tenn.div.) 2d w'kof July..
St. Paul
Month of June..
8. City
Sioux CityASt.Panl.. Month of June.
Southern ...4th week of July.
17,308
Ck ntral Pacific ....... Month of July.
1,366,000
Clicago A Alton
Month of July... 310160
Chic. Mil. A St. Paul. 1st week of Aug..
120,000
Chic. It. I. A Pacific .Month of May.
56i,i:2
Clev. Mt. V. AD.,Ac..Month of July.
24,484
Denver Pacific
Month of May...
2D.-I1
Den». ARioGrande...31 w'k of July.
19,033
Grand Truuk
Week end. July
117,483
• Figures this year embrace Trinidad extension
this extension were not included prior to J une 1.
.
.
H
85 883
56,110
118,668
14,371
361,265
6,869
29,561
357,587
316.917
87,769
9,589
6,071
2,098
53,743
81,8«8
92,666
371,978
1,154,314
The following
88,309
1,389,864
189,881
106,054
1,566.731
184.317
2r,9,43l
263.088
1,H78,973
1.716,428
691.079
806,133
164,247
7'i,589
262.297
162,719
786,061
2.368,096
5,645,933
-207,6.-.9
113,282
573.868
3.259.630
5.992,409
show the course
table will
gold and gold
of
Aug. 4
—Quotations.-
Total
Balances.
iCurrency.
.
I
Op'n Low High Cloa. Clearings.
'•
Monday,
"
Wednesday, "
"
Thursday,
"
Friday,
105% 105 y, 10.5%
10.5% 105H 105%
10514 105% 105 X
I05X 105^ 105,X
105% 105)4 105%
105% 105% 105%
6.
7.
Tuesday,
8
9.
10.
:o5'/t
103%
103%
10514
105*
105%
'-05*
168.373,000
100.531,000
10514
.
The following
Gold.
$18,947,000 $1,911,700 $2,017,351
12,698,000 1,277,612 1,317,651
Mi! 156
837,530
7,303,000
~"
1,310,235
13,613,000
1,241
9,123.000 1,031,001 1,088.905
B09L881
11.583,000
846,319
1051/4
1054 105 X
1"5% :osx 105%
107X 104X 107% 105X
Current week
Previous week.
1 to date
Jan.
are the quotations in gold
1,790,126
1,687,200
for foreign
and
American coin:
Sovereigns
$4 86
Napoleons
8 84
XXReichmarks.... 4 75
X Guilders
3 90
Spanish Doubloons. 15 60
.
15 50
Fine silver bars...
Fine gold bars
<%$4
Dimes A
90
@ 3 90
@ 4 80
@ 154 10
S 90
@ 15 60
'%!»
half dimes.
Large silver,
Five francs
Mexican
%sA%»
dollars.
..
English silver
Prussian silv. thalers
H8X
Trade
dollars.
— 94 *® —
— 94X.® —
—93 a —
—93 @ —
1
4 80
65
91
—
—
94%
94%
95
94%
a —4 85
B 70
Q — 95
panSlaprcm.
—
Exchange, With the bond importers out of the market ag
buyers, and merchants doing scarcely anything, rates for exchange have drooped, and to day leading drawers reduced their
asking rates to 4.85 for sixty-days sterling, and4.85i for demand.
Actual transactions were, as usual, made at lower rates, and on
sixty-day bills 4.84} and on demand 4.86 were full prices.
In domestic bills the following were rates on New York to-day
at the undermentioned cities:
Savannah, buying £, selling ±
Cincinnati, easier, buying 50 discount
par, selling 1-10
New
Orleans, commercial \, bank J
Charleston, steady, ^@3-16c.
premium
St. Louis, 1-10 premium, and Chicago, 50 discount.
Quotations for foreign exchange are as follows:
;
@
;
;
;
Aug.
10.
S4%<84.85
Paris (francs)
(francs)
,19%$8.16%
19S'@5.18%
Swiss (francs)
!9%®5.16%
40
40%
&8%S4.84%
82%@4 S3
83 @4.S3%
Antwerp
(guilders)
Hamburg
(reichmarks)
Frankfort (reichmarks)
Bremen (reichmarks)
Berlin (reichmarks)
The
transactions for the
week
at the
4...
8...
9...
10...
Total
Receipts.
Gold.
•211.000
455 000
804.000
241.000
557,000
434,000
$367,326
5:5,315
7I4.1P6
590,185
889,478
$2,212,000
10
S
With
interest.
41
75
42
5.i6%a5.i4%
9414
Custom House and SubPayments.
,
Currency.
Gold.
$491,033 81
713,627 S6
703,401 74
8*3.4a3 33
830.805 69
472.723 04
46
67
$900,738
871.738
581,503
1.109, •OS
68
90
64
03
571.76! C5
836,397 23
$597,351
993 243
609,551
344,870
875 708
88
44
58
44
51
1,126,630 64
$4,029,152 81
$3.074 878 87 $1,361,430 51 $3,957,348 49
81,813,408 53
8;,30J,130 83
51.081579 01
50,199,903 93
Forster,
110%
112%
Austin 10s
101
10414
Houston
98
»4H
94 X
Currency.
i -J.s.n 10
Texas Secubitixs.—Messrs.
State 7s,gld 4110
7e.g.30yre fill 14
10a, 1884.. «100
10s, pens.. $103%
6s of 1892.. ;•»:
94X?
4.831404 84
Sub-Trcasury.-
,
6...
9414
94*®
Treasury have been as follows:
Custom
House r—
-Receipts.
Ang.
94*ff
.
3 days.
4.86 (24.86%
4 85 ©4.85%
4.84 04.84%
60 days.
Prime bankers' sterling bills on London.
Good hankers' and prime commercial.
Good commercial
Documentary commercial
Balance An*.
in 1876, the earnings of
490.496
1,923,646
9,004,348
1,643,148
858,688
386,004
876,636
247,813
162,038
76,071
Saturday,
2.650,372
•229,506
5,879,903
609.814
2.089,369
2,074,503
1,684,059
836,849
812,862
810,998
70\«66
and balances each day of the past week:
Balance. Aug. 8
2,726.239
211,786
898,088
689.517
1,864.0*7
3,231,609
1,604,844
clearings
9,*68>7
4,787,9«
661.IM
74\481
1,346,045
transactions.
Jan.
660.655
138,962
948,680
3,549,119
H'he Gold Market— Gold is a trifle lower, and sold to-day at
105i throughout. On gold loans the terms were flat, and 1, \\,
There is comparatively little
2 and 3 per cent for borrowing.
interest in the market at present, and the future price is sopposed to hang almost entirely on the government and Syndicate
1676.
71,420
501.958
4,317
137,607
82,i06 1,032,273
1,541,221 9.066,000
403,671 2,341,902
144,193 3.615,460
626,7:18 2,702 656
27,536
208.669
29,714
138 849
•351.967
8,740
161,001 4.974,431
904,702
8,060,661
t Through a typographical error in our lsst issue, the figures of this road for
the month of June. 1877, were given at $67,778, Instead of $97,778, against
$106,612 in June, 1876.
1 to latest date.
1877.
1876.
$198,851 (1 230.691 $1,214,654
,
1876.
%X,r*X»
923.16
1160.312
2,970
40,360
21,204
Tol.PeoriaAWaraaw..Mont.hof Jhly..
74,859
Wabash
Month of July... 273.767
Union Pacific
Month of June... 1,101,099
to latest date.
% 61.V 2 $2,068,098
353.313
224.3-8
11,4-18
1
1877.
141.428
8 11.495
114,034
88,507
73,406
238,487
515.754
87.961
A
7..
Atch. Top. A S. Fe... Month of July.. J19l,020
Bur. C. Rap. A North. Month of July.
73, SO J
St. Louis
Csiro
3d w'k of July..
4,417
165,449
S6«,630
8U.077
84.728
89,500
258.6MI
686.060
67.487
382.574
967,044
353,135
88,949
63,750
117,489
21,636
12.610
330,703
7,516
81,788
392.168
193.924
96.421
11,591
W
Amsterdam
Feb.
Mch.
73
Jan.
23! US
Jan.
8, 60% Feb.
27! 59% Jan.
25' 90
June
4j
$5S.9'9
145
60% 103%
48% 68%
84X 65%
35% Apr. 2; 50* Jan.
51V June 13 92% Ian.
85% Apr. 23 104% Jan.
Apr.
725 91
Apr.
290 43)4 July
Apr.
5 36
July
588 81
151,128
Adams Express
Veils.
I
6
Ju' c
94' Mch.
1 1
Apr.
40% Apr.
15
Apr.
37% Apr.
82X Apr.
25%
30%
year 1876.
Low. [High
14%, 22
20% '109%
112% 121%
1877, to date.-
1,
Apr. 17 13% July
Aur. 17 38% July
150 185
Feb. 19 144
May
660 40V4 Apr. 2! 6314 Jan.
764,572 45
Apr. 231 57J» Jan.
Illinois Central
N. T. Central
Jan.
Lowest.
1,370 1514 Feb.
Atlantic A Pacific Telegraph
Central of New Jersey
Chicago Burl. A Qulncy
Chicago Mil. A St. Paul
do
do
pref...
.
Whole
—
,
Oreat Western
Week ond July;«7
Hannibal A St.. Jo... Month of June..
Illinois 4Vn. (III. lines). Month of July
do (Leased lines). Month of July..
Indlanap. HI. A
...Monihof July..
Int. A Ot. Northern. .Month of July..
Month of June..
Kansas Pacific
Lehigh Valley
Month of May..
LoaiST. Cln. A Lex ..Month of June..
Loulsv. A Nash., Ac.Montn of May..
Missouri Pacific
Month of July..
Mo. Kansas A Texas. .Mouth of July..
Mobile A Ohio
Month of June..
New Jersey Midland.. Month or June..
Naahv.Chatt. ASt.L..Month of June..
Pad. AEllzabetht'n... Month of June..
Month of June..
Fad. A Memphis
Phiia. A Erie
Month of une..
St. Jos. A Western. ...3d week of July.
St.L.A.A'r.H.(brchs).Monthof July...
St.L. I. Mt. A South. .Month of July...
SLL.K.C.ANorth'n..Monthof July
Jan.
,
1876
1877.
Mexican Doubloons
Hoard.
Total sales this week, and the range in prices since Jan. 1,
1876, were as follows:
ofw'k.
Shares
Late it earnings reported.
r-
MX
21X 22 X
92 X 93*
WX 96X
42V 43*
4IX 4JX
5* 6X
64V ••"
72X 71X
•IX 65X
73X
45
•12
62
99 X
25 X
"X HX
108
6
MS
82
95X
42X
10.
20X
141
MX
95
41
93
Au/
141
•60
43
92
9X
10V 10V
•40
....
Wells, Fariro .. 31
82
82
•8IX 82
•This Is the price bid and asked i no sale
40V
41
68^ w
93X 94V
95V
99
4t
22 X
51
X 12X
93X 99X
25* 2.-i*
• IX 63X
22
22V
23 X
•21
Friday,
20
21)
11
2IX
•IX
Miss...
8
..
IX
2.X 21V
103
10.
Panama.
102 X WIS '101
Wab. P.C. It'U
5X •
5X
Union Pacific. 63
•M 65
64X 64 X
Went. Un. Tel. 73
'':<
73X 74X 71X 74*
Pacific Mall...
18
•9314
ilk •IX
IS 52V
Bl -i
90
MM MM
•
8X
Mm «oi
Ohio*
t\
10X 10X
25X 21
61
IS
•10
IS
10X 10X
93? 9<iV
29
25X
IX • IX
21* 22 X
BiG 52X
m9 95X
39X 40 S'
40 Xi 4IX
D. »x
10*
u
ioS
•9
it.
I0X IDS
26* Mti
Central...
Adams
6,531
6,900
given in
The
the
pref.
6.810
5,600
2,200
1,200
11.858 76.176 87,850 27,741
21,89'J 164,57* 151.128 24,150
200,000 494,665 337,874 122.744 150.000 262,000 891.2S8 215.022
Total
Whole atock
w
UIKIMII.IA
1
Ludlow
100
Dallas 16s.... 90
6'
s..
..
S. Ant' lo 10a.. 90
A
Co., 7
101
"30
Wall
St.,
quote:
G. II. A S. 6s. b. 88
H.AT.C.7«,g.lst 80
do 8a con. 3d
50
G.H.AH.7s,Elat 75
87
83
65
38
IHRUM
1WL
J.O*
BOSTON, PHILADELPHIA, Etc.— Coiitlilned.
—
New York City Banks. The following statement shows the
condition of the Associated Banks of New York City for the week
ending at the commencement of business on Ang. 4. 1877:
AVERAGE AMOUNT OF
CirculaNet
Legal
Loans and
.
,
»$**'•-•
Banks
New York
915,500
4C9,400 1,108,200
6,3*6.500
890,000 3,088,000
8,242,000
936.600
412.7C0
6,749,200
780,200
165,400
4.195,700
947,700 3,071,900
8,029.500
493,000
357,000
2.333,000
5.573,900 1,549.000 l.S'75,000
31,000
418,
3.203,100
944,500
137,900
l,33n,400
614,200 2,6:2,500
9,704,600
44,800
599,200
8,432,100
550,900
178,100
5,662,200
201,000
53,000
1, 519,000
2*2,600
28,100
1,747,100
199,610
817,200
564.000
2.925,':00
186.200
13,500
30,900
757,900
168.600 1,464.600
2,580,800
514,000 2,265,000
12,6:3,000
456,600 2,555.500
15,437,000
594.100
59,100
4 858,600
3,2iVi,000
lti8,200
480.600
767,300
17,700
1,947,700
lt>7.300
171,990
3,543,200
272,500
551,500
3.153.800
233,000
l,340,7o0
18,900
3t»,000
93.EO0
2,215,500
3,!-'83 700
500,400
134,200
9,P00
550,°00
2,046,0.0
13,225,000 1,530,000 1,301,000
401,000
1,542,900
54,300
21,000
266,!00
2.273,600
89.300
466,300
2,516,(00
311,600
85,600
2.126,0
6J7.0OO
3,309,::0J
106,000
5B,sO0
711,000
2,892.300
3.084,900
103,101
452,000
11.900
217/00
1,316,700
93,500
356,000
1.711,600
476,500 4,664,500
14,673,300
11.5r,4600
357,300 3,195,300
211.000
742.500
10,800
3,501
7/4,400
113,110
894,1,00197,800
14,800
793,300
19,900
98,200
453,500
700
125,600
18.948,710
828,500 2,977,400
7,795,000
101,000 1,589,000
2,007,000
49\000
5,339,000
99,600 1,055,400
5,:83.600
639,100 1,694,600
4,1(3,100
561,900 l,859,f00
1.126,800
263,600
28,200
1,41,(,100
a.OOO
203,100
1,035,400
253.000
2,100
1,145,000
290,000
2,475,200
235,100
334,900
793,200
200
18,100
Merchants'
Mechanics'
2000 000
Union
America
Pacific
1,500,000
3,000,000
1 000,000
1.000.000
1,000,000
600,000
300,000
3,000.000
l,5u0.000
500,000
600,000
200.000
600,000
300,000
800,000
5,000,000
5,000,000
1,000,000
1,100.000
422.700
Republic
1500,000
Chatham
450,000
Phn.mil
Cltv
....
Tradesmen's
Fulton
....
Ctiemical
Merchants' Exch.
Gallatin National
Butchers'* Drov.
Mechanics' & Tr.
Greenwich
Leather Manuftrs.
Seventh Ward....
State of N. York.
American Exch'e.
Commerce
Broadway
Mercantile
W
412,500
People's
North America... 1,000,003
Uanover
Citizens'..
1,000,000
500,000
3,000,000
600,000
Nassau
Market
1,000000
1,00,000
Irving
Metropolitan
Nicholas
1,000,000
Shoe and Leather. 1.000,000
St.
Corn Exchange...
l.fOO.OOO
1,250,C00
Oriental
300,000
Marine
4O3.C0O
Iruporters'&Trad. 1,?00,000
Park
2,000.000
Mccb. Bkg. Ass'n. 500.000
Grocers'
300,000
Continental
Northlliver
40
EastKver
300,000
',000
& Mer. 100,0
Fourth Nalional.. 3,750.(00
Manuf'rs'
Central National.. 2,000,000
Second National..
300.000
Ninth Natioml... 1.500,000
First National...
500,0:0
Third National... 1,(01.000
N. Y.Nat. Exch.. 300.000
Temh National...
Bowery National
.'00,000
250,000
200.0
America u 1.000,000
.
New York County
German
Dry Goods
1,000,000
*
9,528,100
4,835,700
1,299,200.
10,fct0,2C0
3,000,000
2,050.0.0
3 000,000
Ma, hattan Co...
tion.
Spcc'e. Tenders. Deposits.
Discounts.
Capital.
8,686,0110
5,292,000
3,030,700
32,300
7,500
147,000
130,100
1,10(1
7,916,20,1
270,000
2,869,000
4,8*6,300
773,800
1,794,1C0
1,461.400
10.247,200
593,000
2,672,700
45.000
2,201,S00
90,000
1,120,000
198,000
l,026,f00
2,700
712,600
236,200
2,667,200
86,.'O0
860,200
3.5i7,900
45,000
227,000
9,830,000
6,793,400 2,368,100
3,119,600
873,500
45,000
2,831,000
2.151,700
2,209,900
450,000
270,000
3,209,100
1,239,600
5,400
1,949,400
289.700
3,431,900
2,070,000
72,400
IK.OX)
12,231,000
1,570,400
133,000
2,087,500
3,900
200,600
1,795,600
4-7.800
1,146,100
31I3.800
3,127.000
1,875,900
4,800
2,235,700
599,600
1.125.500
1,740,600
521,100
16,993.900 1,063,"00
13,9:0,900
(0,000
658,000
291,800
557,000
16S.O0O
609,700
97,200
503,t00
11,791, '00 1,041.300
8,751,000 1,368,000
1,981,000
570,000
4.6',2,:00
671,200
6,925,000
295,000
5,513,600
49,400
839,000
267,400
777,400
437,300
941,900
223,200
1,080,000
178,300
2,211.200
33,800
WH
LIL
SECURITIES.
SECURITIES.
PHILADELPHIA.
Pennsylvania 6s, coup., '.910..
Schuylkill Nav. ist m. «s, '97.
STATE AND CITY BONDS.
do
2dm. 6s. 130,
do
111. 68. '95
'80
do
6s, imp
do
68, boat A car, 19:3
do
7s, boat A car. 19 5
Susquehanna 6s. coup.. 9.S
It A I. II II O It I..
Maryland 6s, def enee, J. A J.
do
6s, exempt, U87 ...
do
6?, 1890. quarterly..
do
5s, quarterly
5s, g'd, int., reg. or cp
5s, cur., reg
5s, new, reg. , 1892-1902
6s, 10-15, reg., 1-77- '82
6s, 15 25, reg., 1882-'»2
Philadelphia 6s, old, reg
6s, new, reg
do
Allegheny County 5s, coup..
Pittsburg Is, coup., 1913
reg. ft cp., 1913.
5«,
do
Penna.
do
do
do
do
6s, gold, reg
7s, w't'rln, reg.
do
do
do
,
do 6s, 189.1, quarterly.
do 68, park, 1890, tj .—M.
do 6s, 1898.M.AS
ao 6s, exempt,'^, M.AS,
do
1900.J.AJ
do
1902.J.AJ
do 58, new
Norfolk water, 8s
RAILROAD STOCKS. Par.
Balt.&Ohlo
100
Wash. Branch. 100
do
do
Parkersb'g Br. .50
Northern Central
SO
Western Maryland
50
Central Ohio
50
.
7s, reg. ft coup
do
Delaware 6s,coupon
Harrlsburg City 6s, coupon
.
KAILROAD STOCKS,
C2mden ft Atlantic
pref. ...
pref
do
new prer
do
Delaware ft Bound Brook...
East PcnnBvlvania
ft
W lllianiBport
do
Bar. P. Mt. Joy
Huntingdon
do
ft
Pittsburg
pref..
69,235,200 249,707,800 14,135,800 54,282,100 219,166,600 15,585^800
The deviations from
Loans
Specie
Legal Tenders
The following
I
Circulation
151, 100
3,03c, 100
67,400
SHH 33« N. W. Va.
Plttsb.ft Connellsv.',B.'98,J&J
86
Little SchuylKlll
lilnehlll
weeks
past:
Deposits. Circulation. A«». Clear
July
July
July 21.
July 28.
Aug. 4..
250,9;2,200
219,169,100
219,767,800
11,979.800
13,w84,100
14,135,800
57,499,700
57.325.200
54,262,100
HoKton Uauh«._Totals were
LoanB.
.
15,546.400
15,517.900
15,585,300
400 708,240
368 914 804
390,467,621
120,107,500
Banks
I'lill.i.l, l,.lu
Loans.
July
Julv
Jnly
July
2..
9..
1,702,100
5,938,700
-Totals were as follows:
L. Tenders.
Specie.
•JtfKal
68.241,399 •i-tS-SI»iS'SS'5«
1,501.519
m>s,;.i:j;s
1
63,692,080
63.521,003
16.
2).
July 30.
Aug. 6.
61,416,2%
61,048,595
41,131,316
1,443,181
1,320,027
1,253,386
1,299,145
18 705,003
17,731,282
17,174,770
16,508,255
51,440,620
5-,06l.3
56,,52,197
10,405,728
10,155,306
10,114,015
K',398,891
10,117,785
53,W,167
02,316,689
38,031,071
35.5)3,4:2
33,619,767
29,169,733
32,105,937
1*!<
Philadelphia* Trenton
Phiia.Wiiniing. ft Baltimore.
Pittsburg lltusv. ft Bull
Jo
do
7s, E. ext.,1910
inc. 7s, end., '9i.
Belvldcre Dela. 2d m.
do
Camden
ft
31m.
Ambov 6s, '83.
do
do
Maine
BOSTON.
112.'..
112)4
Vermontus
Massachusetts 5s, gold
Boston 6s, currency
do 5b. gold
Chicago sewerage 7s
io»k
Munlclpal7l
__ do
Portlands!
Aich. A Tcpeka 1st m.7«
do
Bind grant 7s :7>v
Cam.
6s.
coup.,
M
'89
102
103
66. reg., 1891...
7s, reg., 1910...
m.6s, cp.,'85.
do
2dm.7s,cp.. 'M6.
do gen. m. 78, cp.,l£03
do gen. in. 7s, reg 1902
Oil Creek ifct m. 7s, coup. ,'8:.
rlttsb. Tltlisv. ft B,7s, cp..'96
Pa.ft N.Y.C.& P.BK.7B.
906
2d7s
>
do
ft
101« mi"
12s.
H5«
6s
Lowell 7s
107
& Maine 7s
nix
Dun. & Mo., land grant 7«.„. 109
do
do
Neb.
Neb.
8s, 1691
88, 1883
106
Eastern, Mass., Ika, new.
Hartford * Ert»7s, new..
95
...
Ogdcnstmrg* Lake Ch.Ss
<»id Colony 4 Newport 7«, '77.
Jiutland. new 7s
Venn't C.
1st m., cons. 7s,
2d .Ti., is, 1891
do
VArmon* *
'»„H'1«.
now
78
ijfa
lant Inc.
Bostons Albany's
_
110
11
15
8B
do
111
;
J*
70
'.'
3S4
Htchbarg
104
io«N
MancheBter ft Lawrence
120
124
Nashua & Lowell
t»
New Tork & New England.
Northern of New Hampshire "m%
105)4 Norwich ft Worcester
117
1,.-,,,
Ogdensu. ft L. Cliamplatn ... 21
.-,1
do
do
nref 83.
SB
ioh Old Colony
.„
87)4 B75i
100
Portland baco ft Portsmouth
111*
itutland,
I
-88.1
la
110
'
common
do preferred
Vermont ft Canada
Veroion
,.,,.!'
ft Massachusetts
w,,,-,. ,..,,.- ft Nc*hiia
A
2d
m
Reading
7s,(p.,«8.
6s, '60,
...
7s, i oup.,'93
UMM 1S«
..
107)$ 108),
HI
105
105
ioi
84
55
^«
20
102t$
92J<
10fl)i
inn
8b, ,881
p
SerleB
03
100
100
100
94)
101
lis
m
Ham. A
Ind., 7s, guar.
45
77
103
103
101
113
75
105
103
101
00
1
87
.
Miami 6s, t3
Ham. A Ilayton
(IS
Little
111
Cln.
110
10
stock..
91
ft Xcnla stock
>2M Columbus
Dayton ft Michigan stock
s7;<
8. p.c. st'k.guar
do
80
Little Miami stock
77
85
93
98
20
95
40
U0
90
LOUISVILLE.
—
1
100
110
115
105)6
100
100
108
112
105
50
.
.
oulsvllle 7s
6s,'62to'87
do
«B,'97to'9»
do
107M
+ 103
t
BUM
t
utlii
2
100
100)2
water 6s,'87 to '89 t uug \m>A
water stock 6s, '97.+ gat 100 H
wharf 6s
t 9t«J ioojJ
do
do
do
do
Bpec'l ta* 6s of '89.+ mi*. 100 h
Jeff.M.A1.18tm.(I«M)7s,'81T 100
100)4
2dm., 7b
do
69M 70
IBt m.,7s,19C6....+ 1004-4 101
do
Lonlsv.C.ALex.lstm.78,'97. 1(18 107
,ouls.ft Fr'k.,Loulsv.ln,63,'8! 100
100X
Loulsv. ft Nashville—
Loulsv. la. (m. s.) 6o,'86-87.+ 100
100X
T 91
Leb. Br. 6s, '86
^8>»
lBtm.Leb.Br.Ex.,7s,'80-'5.+ on
97
90
6s, '»5...+
im
do
Lou. In.
100)<
104)4
Consol. 1st in. 7s, '98
94
04S
Jefferson Mad. ft lad
Louisville ft Nashville
20)4 27
LouUvllle Water 6<.Ce. 1907 1 "
08
Dela. 6s, reg., '81
Deluware Division 6s, cp.,'7t
ft
Lehigh Navigation 6s, reg.,'84 101
do
KB... rg..'9: lOOJi 102
do
ricb-.rg.,^
do
couv.,rg. 'K2
do
conw.g., rg.,'94 90
do
gold, 's7
Sj
ST. LOUIS.
Louis 6s, long
t 104>( 105«
water 68, gold
do
+ 101 in
do
do
do new.+ 107*,
inp
do
bridge appr.,g. (is
do
renewal, gold, 6s. + 107
do
Bewcr, g. 6s, 'g.-'i-S.t 107«
Louis
lew
park,
g.6s.tl
St.
Co.
107)4 108)4
do
cur. 78
+
St.L.ftSanF.KK.bdB.scr'sA 50
St.
'
1
do cons. m.7s, rg ,lftv:
Morris, boat loan, reg., ,865
do
do
do
do
105V 106
default of interest.
95
S,
2am.
103
80
Western Penn. UK. (is, :898.
»J
do
6s P. B.,'96
Wllm. ft Read. 1st m.7«. 1900*
do
2dm, 1902*.
CANAT. BONDS.
* In
80
nil
Dayton A West. 1st in., *8
t 100
83
Ist m., 1905
do
IBt m. PB, IKIJ Til
do
103*4 \l*
113
7s
:st
in.
Laf
Ind.
Cln.
ft
10i}tf 10H<
(I.AC.) 1st m.7s,'88 90
do
105
105;$
.
Chesai.
106
a
"8. '92-93.
.
100
100
I
75
ft Indiana ist in. 7s
2d 111.7s, ',7..
do
Colum. ft Xenla, 1st m. 7b. |90 Ulif
Dayton ft Mich. 1st m. 7b. 'Si. 101
7s, '84.
98
do
00 in. 7s, '83. 90
do
Phlla.ft Head. C.ftl.deb.7s.'2
7s, 1901
Stnubenv. ft Ind. 1st, 6s, 1884.
Stony Creek let in. 7s, 9J7....
Sunbury ft Erie 1st in. 7s, '17..
United N.J. conB. in. 6s. '94
Warren ft F. 1st m. 7s. '91
West Chester cons. 7s, '9i. ..
West Jersey 6s, deb., coup. .'SS
let m. 6s, cp., '96.
do
do
lBtm. 7s, '97
lOd
104
104
104
104
114
li
t 98
7s
do
t 100
'.'SOb
ao
t 110
South. RR. 7-308. 104M
do
do 6s, gold t US
do
Hamilton Co., O., 6e. long.. A 97
7b, lto5yrs..t 100
ao
7ft 7 C0s,long.t 107
do
Cln. A Cov. Bridge st'k, pref. 93
1H2
Cln. Ham. ft D. 1st m. 7s, '80
2d 111. 7s, o5
98
do
Cln.
Cln.
o!'^
10XJ*
do
do
deben., cp.,'93
do cons. m. Is, cp.. 1911. 96!^'
do cons. m. 7s, rg„ 19:1. 94^
do new con. 7s, lb93 ... 40
do
108
102
109
102
-
!
Perl.iomen
Phila.
1!U
CINCINNATI
PeallBylvanla, let m., cp..'80..
gen. m.SB, cp.,19;0.
do
gen. m. 6s, ,g., 19:0. 107
do
cons, ui.6 ,rg., 1S05. VO
do
cons. m. 6s. cp., 1905.
do
IBt ni.6s.coup.,'rf:
ft Eric 1st m.6.i, cp.,'8l.
13«
g., '92. 1,11
(Leg.) 6s, g., 902.
Certiffl.of st'ck (1828i 5s, at pi.
(1843) 6s, at pi
do
Ghee .A o. et'k ('47) 6s, at pi.
Certlffl. sewer, 8b, '71-77
Water certificates, 8s, '77...
105«
con. ui.,6s,rg., 1923
1st
11)4
Cincinnati 6s
1st in., 5b, perp.
let mort. 6s, '83,.
ft
do
do
do
87
32
do
88
Br., 1st, 7s. 190!
B. T. 1st m. 7b, gold, M0
do
2d m. 7s, gold, '95.
3d m. cons. 7s, '95*.
do
Ithacaft Athens 1st, gld. Is. ,'90
June! Ion l»t mort. 6', '82
do
2d mort. 6s. 1900 . .
Lchlgll Valley, 6s, coup.. 1898. 109
H.
IDS
109
11
AN
Ccrtlfs. gen. Imp. 8», 77-78.
.
do
Hanlsburg
80
do
2d,M.
8s,8d,J.ft,I
do
Union F.R. 1st, guar., J. A J.,
Can on endorsed.
do
MISCELLANEOUS.
Baltimore Gas ccrtldcates...
People's Gas
F.
6s, at pleasure
do
do
Bounty stock. 6b
85
do
Market stock, 6s
So
Board of Public Works—
Mj
chat, m., 103, '88 ..
do
new7s, 1900
do
Cayuga L. 1st io.,g„7s,1901'..
Connecting 6s, 1900-1904
10*3*
Dan. H ft Wilks.. 1st., 7s, '37'
Delaware mort.. 6s, various.
Bound
98
:oo
31
'92,
General stock,
ft Burlington Co. 6s. '97.
Catawissa 1st, is, conv., *n2.
ft
AA
mi
100
Georgetown.
Shamok.nV.APottiv
35)4
H
85
do
110M 111H
Wllm. ft Bait. 6s, "St ..
Pitts. Cln. ft St. Louis 7s, 1900
88W
l(3Jf
105
91
...
Cln. 7s,
Washington.
Ten-year bonds, 6s, '78
Fund, loan (Cong.) 6s,
(l*i,j
Phila.
120
103
100
91
JJctrict of Columbia.
Cam.
do
STOCKS.
Boston ft Albany
"4%
Boston A Lowell
02
Boston ft Maine
,,
84
Boston ft Providence
Burlington ft Mo. In Neb
Cheehlre preferred
Cln. Sandusky ft Clev. ...
Concord
'.'"*
Connecticut River
123
Conn. & Passumpslc, pref
4
Eastern (MasB.).
fi
Eastern (New Hampshire)".' 22
.
.
Boston
Boston
Ask
Vermont ft Mass. 1st m., 6s, 'o3
6a
New Hampshire 6b
do
do
Bid.
22),
4
14
5
25
10!« 103
1st in., gr..'90,J.& J. 107
Perm. Imp. 6s, g., J.&J., ,891.
7s, 1691
do
Market Stock bonds, "s, 1592.
Water Stock bonds, 7a, 190,.
do
do
78,1903..
.
noort. 6s, i eg.,'("
ft Atl. 1st in. 7b, g., 19
do
21m., 7s, cur., 'SO
QUOTATIONS IX BOSTON, PHILA DELPHIA AND OTHER CIT1FS.
SECURITIES.
%
WASHINGTON.
4(1
6s. '8 i.
6s, '37..
A
Mar.
12*
United N.J. Companies
West Chester consol. pref
West Jersey
CANAL STOCKS.
Chesapeake ft Delaware
Delaware Division
Lehigh Navigation
17H
Morris
do pref
Pennsylvania
Schuylkill Navigation
do
pref...
Susquehftnua
ItAlLROAD BONDS.
Allegheny Val.,7 3-lOs, 1S91 ..
Phila.
SXCL'RITIXB.
120
do 1st m., ,890, J. ft J...
BO
107
do 2dm., guar., J. ft J
70
do 20 m., pref
do 2dm.,gr.by W.Co.J&.I 100
do 68. ad in., guar.. J. A J. 107
7
m
Deposits. Circulation. Agz. Clear
S5.,86,.517$10,444,,,6 Si,489,,«
96
1011
a
111
,
23,346;800
ii'a"
96
W. Md. 6s.
Deposits. Circulation. Aaz. Clear
50,987,500
101
109)4
38
4S
.
m. 7s,'n
NorIhernP»c.73-l0i.C|>.,19O0•
.
114
118
I18U 114
U3!4 114
Philadelphia** Erie....
Polladeiphla ft Head ng
4>,
Little Schuylkill, l»t
6.
112
116
2BK
North. Penn.
Aug
1241 113
112)4 113
1
Pennsylvania
Kesquehoulng Valley.
Norrlstown
North PcuuFylvanla ..
as follows:
L. Tenders.
Specie.
'
July 2
222,813,600
221,061,900
219,166,600
110
102
lllJsi
Northern Central 6b, '85, J& J 101 103
do
68, 1900. A.&O. ioo)t 103
do 6s. gld, 1900, J.&J. 87
00
Cen. Ohio 6s, lBt m.,'90.M.ft s. 07
42
East Penn. IBt mort. 7b, '88
E1.& W'msport, ut m., 7b, '60
30. $251,655,001 $! }.«3,000 860,359.500 »221,48l.200 $15,043,800 $3.'7,793,*2i
7..
251,323,800 21,259,390 68,447,000 231,228,600 15,55-1,100 845,922,953
14.
252,45-2,700 18,887,80) 58,809,200 229,ii«f,300 15,668,400 394 3419):
111.
112
OS
Connellsvllle..50
6s, 1860, J.ftJ....
6s, 1885, A.AO.
.
3d m..guar.,'er>..lft,I
do
3
pref.
Lehigh Valley
Del.
L. Tenders.
Specie.
Inc.
|
are the totals for a series of
Loans.
Jnne
returns of previous week are as follows:
$594,200 Net Deposits
Dec. $1,698,300
Inc.
Inc.
Dec.
ft
Ohio
Bait, ft
.
Total
113>i
108
RAILROAD BOND8.
Lancaster.
Broad Top...
ft
do
112
Baltimore 6a. ,S«1, quarterly.
do 6s, :8S6, J.&J
Ac
Camden County 6s, coup
Camden City 6s, coupon ....
Elmtra
do
8*
.
.
Ur. Imp., reg., 'S3-36
N. JerBey 6s. exempt, rg.&cp.
do
52
"
7s,
do
Catawlssa
63
H"4s
t
And interest.
do B 22)4
do C a
w^w
and
U. S. Bond*
active
Railroad Stock* are q uoted
Mali- H.m.U.
do
do
do
M.AE.KR.
*
L.K,
,1.1
.1.,
78
Winona &
do
K'.->
do
in,
1*8
do
do
Is....
do
A.
AJ
A O....
Mich
.men
...
1S66
1867..
...
Susquehanna...
1'iH-itlc
A Alton
do
Cleve. Col. Cln. A I
Cleve. A Pittsburg, guar..
Col. Chic. A I Cent
Erie pref
Indlanap. Cln.
A
City.
do
do
do
do
do
.
Laf
Island
.
Missouri Kansas A Texas
New Jersey Southern
N. Y. New Haven A Hart,
Ohio A MlssisB'ppl, pref
Pitta. Ft.
W. A
do
Ch.. guar..
do
special
A Saratoga.
Rome A Watertown
Rensselaer
Bt.
Louis Alton
do
A
T. H.
do
1.
M A
.
A
Southern...
III,
Pacltlc
l-< i-l'"u» Stocks.
Am. District Telegraph...
Canton Co., Baltimore. .
"•I
Co
do
do
Consolidate Coal of Md
Mariposa L. A M. Co.
do
_ do
pref.
.
A
Cleve.
.
A
LOS
Erie
104K!
Railroad Bonds.
(Sunk Ktehanm Price* )
Boston
H. A Erie, 1st m...
"
do
guar.
Bjr.C.RANorthT.lslSi..
Cass*. A onio h. 1st in.
do
ex coup
„. .
Chica? o A Alton 1st mort.
income.
. .. do
.
A Chicago, 1st in.
Mo - " l ">•• K uar
S7*',*.
Jollet
•
Bt.L Jack.A Chlc.lsi m.
A
do
do
do
do
do
do
1st 7a
83
2
St.
m
90
now
do
do
50
09H100
1st 7b.
int. 8s
funded
Michigan Air Line
8a
•«
Montlcello A P. .lervlsli, gld!
Montclalr A G. L.Iat 78.
do 2dm. 18
Mo. K.« Tex. 1st 78, g., 1904-V6
do
3d in. Incline...
V. Haven Mlddlefn A W. 7t..
N.J. Midland 1st 7s, gold
do
2d 7s
S. lll.lt. 1st in. 8*
.
6s,
6b,
do
do
do
8s
old
•
Prloo nominal,
t
Ami accrued
inti.-eat
25
22
41
80
70
32
18
SO
80
new
prem.
5s
47
consol. 68..
r.illroad, 6s
wharf inip'ts, 7-30
Norfolk 6s
Petersburg
Richmond
68
6s
Savsnnah
7s, old..
7b, new,
Wllm'ton, N.C., 6s, gold
a
do
8s, gold)
do
-JJ coup
a
on
w
A
ii.'il
(IS
Col. 7s, 1st mort
7b. guar....
35
100
76
llis
85
85
4*8*
1C8
75
90
42
"95
86
67
:t
m 7s
Mississippi Central Ist
do
Montgomery A West
35
98
93
70
..
2d m. os
.
78
P. 1st 8s
Mont. A Etitaula 1st 88, g., end i'l
Lill
Mobile A Ohio sterling 8s. ..
do
do ex cert. 6s :m
do
8s, Interest.....
do
2d mort. Ss
3
N. Orleans A Jacks, lat m.8s Kid
do
2d m. 8s.
S7
85
38
29
'
E
11(1
M
Nashville Chat.
Norfolk
t...
A
A
40
St. L. Js.. .
1st m.Ss
do 7s
Petersburg
do
do
411
59'
76
30
1)4
1)4
1)4
69
Rich. Fre'ksb'g
B
95
71
7.5
^o
1x1
Vs
s.-,
6
SO
a
n
no
10
1C2
92
M
so
82)4
So
SO
2dm. 8s
Northeastern, 8. C, 1st m. 8s.
do
2dm. 8b..
Orange A Alexandria, lsts, 6s.
do
s.ls.ss..
do
Sds,8s...
do
4ths,8a..
Rlchm'd A Petcrsb'g 1st m. 7s.
-
1
.
Macon A
do
2d endorsed.
do
stock
Memphis & Charleston ,8t7s. 84
do
2d 7b... H
do
stock..
Memphis & Little Rock 1st m to
hi
27
stock
do
Augusta bouds
.
mi
70
50
Gulf, consol
end. Savan'h.
Georgia RR. 78
do
stock
Greenville
80
Bt
A
A
Poto. 6s
li'li
S3
s:t
so
H7
H)
70
55
30
108
H
do
do mort. 7s lUk
Rich. A Danv. 1st consol. 6s.
74
Southwest RR., G*. ,conv.7s,'86 IK)
Sll
8. Carolina RR. 1st m 6b
So
7s, 1*82
do
7b, non mort
do
stock
do
Savannah A Char. 1st M. 7b...
20
.
.
Charleston
A
Savan'h
6s,
end
West AlabamaSd m.es, guar..
lstm. 8s
do
HO
94
94
PAST DUE COOTONS.
Tennessee State coupons
South Carolina consol
Virginia coupons
do
cousoi. coup
Mcmnhls City Coupons
MM
...
.
pref. stock...
Lake Sup. A Miss, ist 7b, gold.
Lcav. Law. A Gal. 1st 111.. 10b.
Logans. Craw. A 8. W. 8s, gld.
RR
do guar.
Carolina Central 1st m.6s, g... ir,
Central Georgia consol. m. 7s. sis
do
stock
70
Charlotte Col. A A. 1st M. 7s.
do
do
stock.....
Cheraw A Darlington 88 ...;.. 100
East Tenn. & Georgia 68
East Tenn. A V». 6s end. Tenn IS*
E. Tenn. Va. A Ga. 1st m. 7b.
do
do
stock
65
iB,g..e.\i. M.t.V.'TO
Kal. Alleghan. A G. R. 8s, gr
Kansas City A Cameron It's.'
28
40
111
do
New Orleans
do
do
do
1st 7b
do 7b, g.ri'd gr.J*J,'80
do 7B, g., do MAS.'86
do 6s, gold, J.AD., 1896
do 6s, do F.A A., 1895.
do 7s, Leaven, br., '96..
do Incomes, No. n...
do
do
No. 16...
do
Stock
Kalamazoo A South H. 88, gr.t
Nashville
81
.11
on)
on) ...
funded....
6s,
Atlantic
equip...!....
Louis
C.
,
5b (coups,
8s (coups,
Montgomery
j
A
M.
end.,
do
do
83
34
34
31
Ml
AAB
bonds
A Chatt. 1st m. Ss, end
Ala.A Chatt. Hec'ver'8 Cert's
i
A
Lynchburg 6s
45
:
7e..
78
55
RAILROADS.
II.
Keokuk A Des Moines
murt
C, 1st mort
do
2d mort
I
60
llOO
con. m.,
7s,
Kansas Pac.
OS
Ind.
A Warsaw, E. D.
'&*<
.
H.A G.N. conv. 8s
.luekson LanB. A Sag. 88,1st
do
W. D..
do Bur. Dlv.
do 2d mort..
do consol. 7Tol. A Wabash, 1st m. extend. 100
do
ex coupon
W1&
'
100)4
i6i<4 102
6.1
Ala.
Int.
.
A
no
ill
Gt. North. 1st 7s,g.
International .Texas) Istg...
T. H., 1st mort ..
2d mort., pref ..
2d mort. Inc'ine
Belleville
Tol. Peoria
iib'
1st fs.
Hen.
91
84
92
75
Mobile
iiW
A Nashv. is., SO
A Chic. 7s. g. '50
FlintAPere M.Ss.Land grant., '78
Fort W., Jackson A Sag. 8s, '89 ....
Houston
\IV*
A
Alton
do
do
Evansvllle, T.
IndlanapolisA
.
St.
Dodge
9(1
67
100)4
Indlanap. A Vlncen. 1st 7s, gr.. ....
Iowa Falls A Sioux C. 1st 7fl. . . tSO
7s.
Watert'n A Og., con. 1st
Iron Mom, lain, 1st m.
do
do
2d in
L. Alton A T. H.—
St. L.
109
108)4
.
bvy,
Htm.
2dm.
3dm.
29
Grand R.A Ind. '.si 7b, I.g., gu. 94
do I8t78, 1. g., notguj 77
do
1st ex I. k. is.
40
Grand River Valley 8b, 1st m. t
Hous.ATcxa8C.lst78.gold.' 79
do
consol. bds.. 57
4lli
A
Rome
135
Chic,
Ft.
A Pittsburgh
118)4! Evonsville
ils>;
Pitts., consol., s.f.
i.o
do
Pennsylvania Coal ...;.. 140
Spring Mountain Coal....
A
46
Dutchess A Columbia 7b
Denver Paciilc 7s, gold
50
Denver A Rio Grande 7s. gold.' 23
EvaniTtlle A Crawf ordsv., 7s. 100
UtCaron'tB
do
do
Col. Chic.
Iron
-
Income,
guar..
Det. Hillsdale A In. RR. Ss . . .
Detroit A Bay City 8s,end...*t
Det. LanB. A Lake M. 1st m. da
consol. 7b
of Mo., 1st mort..
2d mort
Penn. RR—
Pius. Ft. W.
.
Cumberland Coal
Maryland Coal
P..
A
8b
waterworks
Columbia, S. C, 6s
Columbus, Ga., 7s, bonds..
do
do
47)4
101
1st 7b, 10 years, 100
2d 78, 20 years- 90
Des Moines
I
do
do
do
do
do
90
97
93
87
65
88
75
Ii
85
Atlanta.Gu.. 78
l:l
101
v*w»
.
Connecticut Valley fa
50
Connecticut Western 1st 78 ..
27
Chic A Mich. L. Sh. 1st S8, '89. *tS5
Dan. Urb. Bl. A P. 1st m. 7s, g. 15
do
Warren
7s,
A Hock V. 1st 7s, 30 years.
do
do
1st
1906.
.
pref.
liu.
Col.
i-01
do San Joaquin branch
do Cal. A Oregon ist
do State Aid bonds
do Land Grant bonds..
Western Paciilc bonds. ...
Union Pacific, 1st mort. b'da
do
Land grants, ',s.
Sinking tund...
do
. .
St.L.K. C. A North'n.pref
Terre Haute A lnd'polls
Toledo Peoria A Warsaw
United N.J. R. AC...
Cent. N.J. Land A
American Coal
.
6s, 1883
6s, 1887
6s, real estate...
lis subscription,
Hudson , st m., coup
S'thwestern
:
Pacific RailroadsCentral Pacltlc gold bonds.
BeUeviilcA So. IlL.prcf
St. L.
104),
,
lstm., reg..
Hudson R. 78, 2d m., s.f., 1885
Harlem, 1st mort. 7s, coup...
do
do
7b. reg
North Missouri, let mort
Ohio A Miss., consol. sink. fd.
do
consolidated
do
2d do
do
let Spring, div..
JolletA Chicago
Long
lots)*
N. Y. Central
pref
Dubuque A Sioux
do
A
Chesapeake A 0. 2d m., gold 7s
Chicago Clinton A Dub. 8s
Chic A Can. South st in. g. 7s.
Ch. D. A V.. I. dlv., 1st m. i. 7s.
Chic. Danv. A Vlncen's 7s, gld
Cons. coup.. 1st
Cons, reg., 1st.,
Cons, coup., 2d.,
Cons, reg., 2d...
do
u
.
Marietta A Cln. lstniort
Mich. Cent., consol. 7s, 1902... 10314
do
1st m.Ss. 882, s.f. 112
do
equipment bonds.
New Jersey Southern lstm. 7s
registered
Railroad Stocks.
A
A Fox R.
at
A Warsaw
t
Grand Trunk....
Chic Dub. A Minn. 8s
Peoria A Hannibal R.
Chicago A Iowa R. 3sSs. 5
02^ 102« American Central 8s... J 6 t
Chic
40* 42
67)4
CITIES.
Wi
it
11KJ
40
m
90
75
»,-)
"S8
100
STATES.
25
59
int. certt.8
73
58
88
85
r
Alabama new consols. Class A
do
do
Class B
Macon bonds, 78
Memphis bonds C
It
8s.
Valley
8s
"
O. O.
new bds..
new bonds.. 107
do
do
do
do
(Actipepre'i'usly quol\t.)
Central
m
DlxonPeorla A Han.
do
Det. Mon. A ToL.lst 7s,
Lake Shore Div. bonds
.
District o/ Columbla3.65s.
do
small..
Chicago
with
3S>
67
Augusta, Ga., 7s, bonds.........
Charleston stock 68
Charleston, S. C, 78, F. L. bds.
2dm. g
6s,
do
1-0X
108
A Erie,
A State Line 7b
Kalamazoo A W. Pigeon,
54
.
(Brokers* Quotations.)
111
111
.
A Ash., old bds
Union
:os
Illinois
new bonds
do
Buffalo
Buffalo
6e, consol., 2d series
6b, deferred bonds
do
A Mo.
Qulncv
Tol. sinking fund
do
ex matured coup.
Albany
A
A
60
'
Southern Securities.
p. c.
Rlv., land m. 7b... t
3d 3., do 8s... t
4th S., do 8s...
5th s.. do 8b... t
Canada Southern, 1st
10.1
mort
101
68
25
50
103
.
7 p. c. 2d
'OS
West Wisconsin 7s, gold
Wisconsin Cent., 1st, 7s
Mcrcant. Trust real est.mort.7.
Nebraska, S
do
do
do
U4»
.
2d dlv.
A T. H.
do
2d, guar
A So'eaatern 1st 7s, gold.
A I. Mt. (Ark. Br.) 7s, g
South. Cent, of N. Y. is, gnar
Union A l^igansport ib
Pacltlc, So. branch, 6s,t
Walklll Valley 1st 7s, gold....
t uy.is
.
do
lis
long.. .+ 113
t 108
.
Cleve. P'ville
series..
old
do
Bur.
A
99
88
7a.
1st.
98
100
Georgia 68, 1878-'8«
72
South Carolina new consol. 6a. 70
98
M.A8.
105M, Texas «8, 1892
100
do 7b, gold, 1904-1910. J.AJ. 109(4 I VOW
no
111
do 78, gold. 1904
US
J.AJ.
105
do 6s,gold,l»07
;h(4
J.AJ. 103
do 10b, pension, 1894. J.AJ. 103)4 104),
105
t 112
19?3.
«4
HI
8b...
Louis Vandalla
St. L.
St. L.
HAILROADS.
A P. Peak, 6s, gold.
Atchison
AtchiBon
ill
».
S. oc xs.inu.,
N. Ind., S.F.,
&.r„ 7, p.
p.c. 111
Cleve.
6e,consol. bonds
6s,
..
lit.
Lake Shore-
new
new bonds,
E,
A
Mich. So.
Non-f unliable bonds
Tennessee 6s,old
6s,
6s,
6s,
Toledo 88. 1877-'89
Toledo 7.808
Voukers Water, due
de
Minn., 1st mort..
Indlanap. Bl. A W., 1st mort..
do
do
2d mort...
78 011888
do
6b, new
Virglnta-
+
gold..
Is,
do
7s, lat
Sandusky Mans. A Newark
St,
1«
96
106
101
t 103
•
78, 1883
do
do
Cedar F.
1889,
various
.
Central—
Dubuque A Sioux City.lst m.
Jan. A July
April AOct
71%
i'oughkeepsle Water..
t lull
Rochester C. Water bds., 1903t 100
Illinois
LandC,
SKI
HJi
Central Pacific, 7s, gold, conv.
m., 1877.
Central of Iowa lstm. 7s, gold
large bds.
new bds. 1916 105)4 108)« Keokuk A St. Paul 8e .
do
DO
92
Han. A St. Jo., 6b, conv. mort
Carthage A Bur. 8s ...
a -T
South Carolina-
Land C,
t
do
6t!i9.,do8s...t
Bur. C. R. A N. i.MIDg. 76....
10o>» LOtQi Cairo A Fulton, 1st 7s, gold...
California Pac UH., 7a, gold
78,1830
do Long Dock bonds
Buff. N. Y.
Island 6b
act, 1866
1889, J.
03
10.-.T,
7s, 1883
A
6s,
t
Indianapolis 7.80s
cons., mort., g'd bds..
do
tis,
1st tezlsl'd.
1885-93
Long iBland City
Newark Clty7s long
do
Water 7e,
Oswego 7s
114)4
Saratoga. 1st coup.
3d do
4th do
5th do
Ohio Ss, 1881
do «i,;886
do
Hartford
bonds, 1900....
construction.
7b, of 1871 ...
1st con. guar.
A
107^
iioS
88
38
bds., 8s, 4th series
St. L. 1st 7s, gld
Sioux City A Pacific 6s
Southern Minn. 1st mort.
ill
t 10314 10a
long
do
.
extended
endorsed
do
2dmort.,78, 1879
to
Funding
.
7s,
25
15
7 8-10...
A
I.
A Oswego
f 110
Detroit Water Works 7a.
Elizabeth City, 18*0-95
IOC*
F.
7s, S.
consol.m. bonds
Western, 2d m
A
do
bonds, J. A J
A.
do
Rhode
m.
Erie, 1st mort.,
Special tax, Class 1
Class i
do
Class 3
do
do
Ro.ckf. II.
Itondoilt
11. 1
7s, sewerage
t 100
7a, water
t lO»it 110
7a, river lmprovem't t 100
11(1
Cleveland
A Hudson Canal, 1st in. ,77
Reus.
J....
do
.. ..A.AO...
do coup, off, J. A J.,
do do off, A. A O.
Funding act, 1866
1868
do
New
do
do
do
mort
do
1881
do
im
do
1891
do
do coup. 7b, 1691
reg. 7,1891
do
do
Albany A Susq. 1st bonds...
il
do
do
do
do
3d
4n 1st cons, gnu*-
..1391
.
IS*!
.1893....
J.*
1st
2d mort
<lo
loan.. .1383
N.C.RR
Buffalo Water, long.
Chicago 6s, long dates
St. Peters, 1st m..
do
do
do
Del.
80
1
-
m. gld.
1st
PeorlaA Rock I. 7s, gold
Port Huron A L. M. 7s, g. end
Pullman Palace Car Co. stock
1st
IIS
do
do
7s, conv
Ml
Morris A Essex, 1st. m
do
Sdmort
106
tgs
reg
1887
coup.. 1887.....
A.AO
do
i'ckln
isj
I*
3. 82
Omaha A Southwestern ltlt.s>
(iswcgo A Hume 7s, guar ....
Peoria I'ekln A J. 1st mort ..
83*
m
I.lnc'ln A Dec't'r.lat m
Missouri,
North. Pac.
Ii'.'>
Ind's 1st
Del. Lack.
.
do
A
0. C. C.
100)4
101)4
:ir,
ill
I
A Milwaukee, 1st
Chic.
110
A Cent.
bt.
.
do
2d 7b. conv.
do recelv'sctfs.dabor)
do
do
(other)
ii:.
mort. 8b. ..
Galena A Chicago Extended.. u
Peninsula 1st mort., conv... I*"
lilY
...
Han.
.t
do
do
do
do
do
do
Iowa Midland,
small
6s, 1S7S-79
8s, 1383
7«, 13*)
6s. due 1977..
1873
do
do
Funding, due 1SJ1-5...
Long bonds, due '32-'30.
Asylum or Un.,due 169.'.
Han. A St. Jos., due 1886.
do 1837.
do
New York State—
6a, Canal Loan, 1877
1S7H ...
6s,
do
6b,
A
Chic.
new
Michigan
do
do
mi
H
64)4
N. Y. 7s, gold
Mid. 1st..:. ....
*0»w.
1st in., 1881
do
ex coupon
do
2d mort., *93.
Qnlncy A Toledo, 1st in., "So.
Illinois A So. Iowa, 1st mort
do
ex coupon....
HIM
OS
con. conv...
con. convert...
Grest Western,
N. Y.
62)4
bonds.
sniilp'l
may
BSOOSITISB.
75* New Jersey *
latm.Sl.L. dlv.
2d mort
n
rill
ilu
Louisiana 6s
6s,
do
North Carolina
6a, old. J. & J
ma
103K
Ask.
,
do
do War loan
Kentucky 6s
do
do
do
in
A Wabash,
do
do
do
:6V j,
YORK.
,
.1.,
7s, endorsed. ...
7s, gold bonds...
do
Illinois «i, coupon, 1ST*. .
6B, go'.'.!,
6s,
do
(I,
do
6a,
do
Tol.
.
7s
Bid.
Western Union Tel., 1900, coup 108
do
do
reg.... toe
Boston A N. Y. Air Line, 1st in
81)4
Cln. Lafayette A Chic, 1st m.
Lung Island R1L, lt»t mort, ...
do
1st in La C. D. "ii)4
South Pacltlc Kallroad, 1st m. 71'.
do
lstm .I.AM.D. MMi„"
St. L. A San F., 2d in., class A.
do
Istm ,1. AD.. Ml
sit
do
do
1st m. H. A D.
class B.
do
100
do
lstm ,C. AM.. 89)4
class C.
do
do
1st m., consul..
do
87X South Side, L. I., 1st m. bonds.
do
do
2dm
sink. fund...
Western
sink,
fund
N.
do
int. bonds,
.Tllsccllaneons List.
consol.bds
do
10»H
(Brokers* Quotation*.)
Id.",
ext'n bds.. 00
do
do
1st mort... I0»X
CITIES.
do
cp.gld.bde. 88
Albany, N. Y.. 6s, long
116
do
reg. do
,i„
do
Missouri
.
A.AO
i
Connecticut 6s
Georgia ss
7i, new bonds
do
is,
m
Wilkes B.eon.guar
Am. Dock A Improve, bonds
Ch. Mil. A St. P. ist m. 8», P.l)
,l.i
do
2d m. j s-w, do
do
1st 7b, td„
jo
Ist 7b £
Is
do
do
AN.O
es,
6s, floating debt
7s, Penitentiary
«s, levee
8s, do
Bs, do 1875
8s, of 1910.
7b, consolidated
do
do
Lehigh
8. Ill
Memphis A
do
do
do
do
do
do
do
do
do
st
I
SIOUSITIIa.
8. F. Inc. 6s, '95
do
In, L. !t.P. 11.
II. R,
7a, Ml». il.
7a, Ark. Cent. Kit...
do
c,
6b, 1917, coupon
6), 1917, reglst'd
N. J., 1st in., new.
do
1st consul..
Central of
3s of 1893
8s of 1893
7.i
8 p.
9s slnk'g f'd.
Ala.ACh.lt
ArkaP'as 6*. funded
do S. L. R. * Kt.
do
do
do
U.
NEW
IN
Price* represent the per cent value, whatever the par
Ask.
Chlc.,Hk.lBl.A Pac.,:slm.7s
W.1S86
lo
a prtviou * pag*.
on,
do cnnsol. m.
do
do
8S.1S88
Bs.
Bs,
A
Chlr. Hur.
Aliu.Mil> SI, 1883
m, issh
do
do
do
do
do
do
I
aauuRiTits.
Bid. Ask,
UOTSMTISa.
*W
NKU.UU.I'
QUOTATIONS OF STOCKS AND BONDS
INI'.
•
Price nomlnsy
48
6
I.'.
i
"i
86
ttw
rarrmmras
WP
NEW YORK LOCAL
Bank
SECURITIES.
Insurance Stock
Stock List.
(Quotations by K. 8.
=> a>
Marked thus
Period
MOO.OW
;7r9,"voo
5.000.00(1 1,502.6
250 000
& GroV*
«J
224 800
2,900
150,1*0
LOWOO
Butchers
500,000
Central
421.100 J.
2,000,001'
Chemical
Citizens'
,250,000
1,000 oot
3
F.4A.
10
200,000
J.
79.(0) J.
! 9,6 J J J.
East River
Eleventh Ward*..
Fifth
Fifth Avenue*
First
150,001
63,100
W
100.1
Fonrth
Fulton
3
Gallatin
Ger. American*..
Ger. itxchanne*...
Gre,'mama*
00
121 5
Market
Mechanics
Mech. Bkg Asso..
Mechanics 4 Trad.
Mercantile....
.Merchants
50
Ex
Metropolis* ..
Metropolitan..
Hill*..
Nassau*
New York.
New York County
N.T. Nat.Exch..
Ninth
North America*..
Sorth River*
81,(00
323 .00
231,700
916.600
i.oou.ooi
500.IXH
23j.'.00 J.
35.'00 J.
3,000.000
2J0,(XX
1,000,000
3.000,000
200,000
991,001
7,l0i
51,200
758.(00
9J.500
78 500
11S.5O0
83,900
36,700
173,400
2i!7, too
472,100
I68.e00
196.100
15.V00
2.9 S00
150.V00
1,000.000
400,000
300.000
4*2.700
Park
2,000,1100
Peoples*
412,50(1
Pheulx
Produce*
Republic
1,000,000
250,000
1,500,000
1.000,000
300,000
300,000
Bt. Nicholas
Seventh Ward...
Second
Shoe and Leather.
.
l.OtHi.UKi
Sixth
200.000
900,000
fOO.OId
State of N.Y
Tenth
Third
Tradesmen's
Union
1,000,00(1
1,000,(XX
1,500,000
200.000
West side*
I .OH
J.
J.
July
July
A
J.
4
4
4
4
J.
J.
J.
J.
July 2. '77...
Au^.(0,77..4
Julyl,73..SX
Jan. 3, '76.. .5
July 1, 7I.3X
July2.'77...4
M.4N.
1.4 J.
4
4
114
7X
4
J.iJ
J. 4 J.
J. 4 J.
Q— F.
J.
4
F.'aA.
F.4A,
4
4
4
4
4
4
M.4N
51 000 J.
J.
78100 J.
J.
2-6 400 J.
J.
39,000 J.
J
183.'00 M.4.N
13,800 J.
J
,7«.ko J. 4.1
445.100 J.
J
749.100
Gas Companies.
Manuf 4
July 2, "77.3s
Jan. 1,77.. .1
Manhattan
Aug. 1,77..
Mechanlca'(Bklyn)
Jan. 2. 77.. 3
July 5.77 ..3
Julyl,'74.8X
July 2, '77...
Mercantile..
Aim
National
N. Y. Equitable...
New York Fire ..
N. Y. 4 Boston ..
SO
Pari Amount.
Brooklyn Gas LlghtCo
','5
20
2,000,000
1.200,000
100 J
320.000
Co (Bklyo)
do
aertiflcates
Harlem
Jersey City 4 Uoboken
Manhattan
Metropolitan
do
certificates
do
hou is
Mutual.N. Y
do
bonds
Nassau. Brooklyn
do
scrip
_
New York
"..
5(1
1,850,000
316,000
4,000,000
J.
J.
do
do
_
do
do
bond*
certificates..
New York
:0JJ,
132
2/00,000
var
4
M.4S
1. 000.000
31.4 S
5(XI,000
1.4 J.
in
5,000,100
loot
25
Quar.
1.4 J.
1,000.000
[Quotations
dt
Seventh
var
7(0,(00
1(0
4,000.000
to
1,000,1100
10<(
325,000
byH.
Ave— stk..
mortgage bonds
Bushwick Art. (ffklt/n)— stock..
antral Pk, N. A E. River— stk.
Consolidated mortgage bonos
Dry Dock, E. B. dt Battery—stk
1st mortgage, cons'd
Eighth Avenue— stock
1st mortgage
1st
1st
Grand
St
terry—stock
mortgage
Central Cross
Town-
stock.
...
mortgage
Houston. West st.dPav.Fy—tt*
1st mortgage
Second Avenue— stock
1st mortgage
3d mortgage
Cons. Convertible
Extension
Sixth Avenue- stock
1st mortgage
Third Avf.nut— stock
'at mortgage
1st
Tinmly-thira Street—stock...
lltmA»t»Hff»
*
July,
M.4N
M.4N
J. 4 J
K.AA
May
May
Uioo.ooi
'.77
Jan.,
Park
Quar,
* J
100
1000
100
1000
KXM
694,000
2,100,000
1,500,000
2,000,000
300,000
200,000
400,000
300.000
foo.ioo
1.800.000
1,200.000
77.
100
1,2H0,(XX>
1009
100
:oo
1000
100
100
5C0
*c
100
1000
100
1000
100
10(10
1 00
500
100
1000
1000
1000
500
4c
10V
1000
100
1000
100
900.000
1,000,000
203,000
749,000
236,000
600,000
200,000
4
J.
Jan
J.
X
57*
115
M
15
,
Apl
7
Oct.,
76
Feb..
'77
Jui.e, "»3
,
Jan.,
'84
'77
Nov'.'.uoi
April, 'B3
hSB.
20,000
150,000
770,(00
200,000
750.00C
415,000
2,000,000
2 000,000
600,(00
8214
too
155
100
115
102 !<
50
»l
U
2M>,CP(>
Jnlv.1894
April, 71
F.
Dec. •*
A.40.
M.4N.
A.4<>.
April,
V5
May,
'83
'83
tx-t..
M.4N.
July,l890
J.
J.
.Jllly'.KnV'
4
80
72
100
93
95
May. T.
J.* J.
Q-F.
1.4
77
mo 950.0111' M.» -a, ' Mhv. 'K
This column shows ait dividend on sloc*« but the data ot maturity of bonds.
.
J
4
iFeb
1IK
Star
Sterling
I(X
21
51
IK
Stuyvesant
Tradesmen's
United States
WeBtchester
Williamsburg City,
,
2i
1
2.
II
M
77
Ian..
Aug
10SI1I
16,653
96,000
150
'7a''
,
59
10,1
111)
200
201
175
90
217
210
1911
160
II)
225
125
.8
'77. 5
July.77.7X
135
Juiy,'77..6
July. '77. .5
July, 77..
120
75
118
Ang.'.TS. .5
July. '77. .5
July. 77.15
'7t)"
UJ
180
July.'77..i0
July, 77.10
Jan.. 77..
July. 77. .5
July/?;.. 10
July, '77. 5
'uly, 77..
July, '77..
July, 77. .5
July/77... 6
July. 77..
July,'?:. .5
147X
ad
ico
July. 77.10
July. 77. .5
Ju'y. '77.H
July. 77. .5
65,393
159,503
132,772
53.175
tl37,»18
110 .327
183.46293,659
315.907
162,03!
65.715
19I.0C2
125.411
VS. 508
M.)
70
SB
155
ISO
93
110
m"
95
Men .,77..
•234,836
IM
103
M
Ju y,T7..5
Juy, '77.10
102
July, '77..
July. 77..
Inly. 77.10
July, '77.1(1
July, 77,10
July, '77..
July, '77.10
95
140
Jui.e,'77..8
113
140
192X
95
no
July, 77.10
1M.169
J"ly,77..6
341,235
2(0.514
Aug
Ju]y,77.1(.
,7!..
none
July. 77..
July. 77. .6
22.630
300,391
132.714
410.016
139.085
A-l.,
'77. .6
130
12;,21B
869 816
July, 77.11
Juy. 77.11
July, '77.10
July, 77..
July, 77.1'.'
160
13,'JSl
J.n./TTJX
219.3M
83.387
t 70.106
8,270
31.981
219.133
150,550
53,560
143,253
151.536
77.457
136,263
192.7G9
251.337
201.451
406.550
200.00C
200.00C
150,000
250.00C
300.000
250.000
July,
July,
July,
July,
77. 5
77. .5
76 .5
77. .5
Aug., 77.10
I
5
12KI15
10
.10
13
10
1
20
1
2'1
|14
,10
10
16
110
t
Ang.,'77,.5
121)
Juiy.77
(10
u
I*)
!25
116
llO
,
I
July, 77. S
July, '77. 8
July, 77 8
Aug..
10c
1(H)
1111
1.35
160
1(5
I'll
'77.5
I'll
ljuly, 77.10
1S3
|
20
60
180
ISO
7),
Aug. ,77..
87X
llll
July/77,«-2S
Juiy,77..8
6
11
a
RS
161
IfO
H3
20
.
m
20)
•Over all liabilities. Including re-Insurance, capital and ^rlp. t The surplus
represented by scrip is deductel. and the figures stand as actual net surplus,
t Continental, H'45; Standard, 11 55,
City Securities.
I
Quotations by
Dahiil
A.
Moraw. Broker.
40
Wall Street.]
iNTKKKO'r.
Bondsdue.
Months Payable.
York:
Me
Water stock
1841-63.
Feb.,
do
1854-57.
Croton waterstock.. 1845-51.
do
do
..1852-60.
Croton Aqued'ctfltock.1665.
pipes and mains.
do
reservoir bonds
1o
do
do
o»
do
..1853-65.
1870.
1575.
stock. . . 1860.
1865-68.
stock
1869
1:0
1869.
Feb. .May,
do
do
do
do
do
January
do
var
muotautn.B "y W.
Aug.4 Nov.
May 4 November,
var.
var.
New Consolidated
Westchester County
do
do
May 4 November.
.
do
do
do
do
do
November.
May 4
Feb., May Aug.4 Nov
x bonds. .1853-57.
I-ai
Bid.
May Aug.4 Nov
do
do
do
do
.
Consolidated bonds
Street imp. stock!
SO
,1902
m!Sn!
J.'4'.J!
Safeguard
St.Nlcholas
Standard
do
Dec
May.
1.199,500
25
Floating debt
Jan., '77
M.4N.
A.40.
500,000
IIX
Market stock
Improvement
90
60
40
Jan
Rldgewood
101
do
'o0
-
Q-F.
ll»
do
71
,1.4 J.
J.4D
J. 4 J.
J. 4 J.
50
Central
May, 77
Nov.,
50
111!
Republic
Resolute
i
June,138J
J. 4j!
J. 41).
M
Relief
July, 19IO
J.4D.
Q-F.
M.4N.
Q-JA.4 0.
!U|
100
100
90
25
25
100
20
Dock bonds
*
J.4J.
,
July. 77..
July, 77. .5
Jan., 7T. .5
July, 77.10
July,77.Mi;
Apr., '77.11
July, 77 .7
lll.OOn
6,078
133,145
155,156
200,000
210,000
200,(00
2(0,000
200,000
500.000
350,000
200,(00
200,(00
150,000
150,000
l.OOOJXO
200,000
200,000
300,000
200.000
200,000
200,000
200,000
200,000
200,000
200,000
r,
Peter Cooper.
Aug77.7-;4
172.151
i2,vo:
13,376
160.126
t7:5,2iC
mjooo
50
r.-i.
Phenlx (B'klyn)
Produce Exchange
43
95
75
M.4N.I 2X Mayi0.7i
90O.IXA)
n
People's
12]
Aug.1,77.
July, 77.
Jan., 77,
I.
City....
Pacltto
i;o
100
100
94
103
75
93
1,77.
Jan., 76
K.4 A.
.
1=2V.
apr.,
Aug., 'n2.
Jan., 77.
;»(.(« J.'4 J
466,000
1.000,000
77
77
Feb., 77.
Feb.. '17.
Var
.
Niagara
North PJver
L. Gkant, Broker, 145 Broadway.]
10
Broadway (BroeHyn)— stock...
Brooklyn & Hunter's Pt—stock.
<t
var
no
1st mortgage
Brooklyn City— stock
1st mortgage
fid St.
000,00('
var 1000,000
tiuiecter St.tt Pullontcrry—stk,
1st mortgage
Broadway
1
1,
25
50
50
50
New York
155
73
99
95
160
200
77
Aug.1/17.
July
Mech.4Trad'r»'...
JSOJJOO
200,000
150,000
200,000
200,000
200,000
Nassau (B'klyn)..
Bid.
April. 77.
J,
J.
woo
an
50
Williamsburg
do
scrip
Metropolitan. Brooklyn
4
900AM
10(1
Rutgers'
2,
Jan..
100
.
Montauk (B'klyn)
Broad Street.]
July
20
50
100
People's (Brooklyn)
Central of
Var.
Var.
Builders
Merchants'
..4 187
Date.
A.AO.
F.4A.
m
«i
H
Lorlllard
*
Citizens' Gas
l(«)
.,
Lenox
Long Islnnd(Bkly.)
Gaa and City Railroad Stocks and Bonds,
tGa» Quotations by George H. Prentiss, Broker,
50
2d
40
Ml
Lafayette (B'klyn)
Lamar..
Mayl0.77 8X
Jan.2 74.2xg
Ju y 2.77.. S
July 2, 77.. .4
1.4 J
85.400
1(»
May
1,7!
Jan 2.7"
M
90
M
Knickerbocker
77...
uojooo
500.IXXI
200,000
3,000,000
150,000
600.000
200,000
200,000
200,010
150,000
280,000
150,000
200,000
150,000
200,000
3(0,000
IIKI
I9;,!6l)
none
15
90
Ml
July .77.. 10
t3 '9A9
651,937
691,100
135.012
317,639
11,184
57,663
112,197
509,391
105.6'6
1,002.784
41,293
1;8,366
109,415
61,099
1 117,568
500,000
200,000
200,000
200,000
200,000
July.77.
Ask<
10(1
ion.. ".',..5
June, 77. 10
Feb., 77.. 5
sua. .77. 10
"
28,806
8(6,910
229.231
200,000
Bid.
July, 77..
411,931)
1,0(0,0(0
50
50
25
III!
Irving
* U3X
2(M
ion
100
JefTerson
Kings Co. (B'klyn)
..4
1, -77. .3
2. '77 3
May
in
mporters'4 Trad..
1, "77
1.
10
Hope
Howard
July 2,'r
July 2,77...
July 2, 77...
July.lS74.3K
Aug.6,77...3
Feb.. 77. ..4
Jan. 2, '77. ..3
July 2 '77.. .5
July 2, 77.. .5
Jau.l,V7...4
J.
J.
J.
r,
10
IIKI
Home
2, '77. ..5
(let. i.V5. .4
10,77 ..3
10
100
Hanover
HofTman
July
J.a'j
1.4
1.4
Globe
Greenwich
Guaranty
Guardian
Hamilton
266"
July2,'77...3
Jan.8, 76.3X
M.4N.
4 J.
4J
Gebhard
German- American
Germanla
77.2X
1.
July
J.
J.
J.
A.4 0.
J.
J.
Farragut
Firemen's
Firemen's Fund
Firemen's Trust...
Franklin
2, "!;...)
May
May
M»y
M.4V
J.
1, '75..
2, '77.. .7
4
4
4
Kxcoange
'77. ..5
Mel..
no
Fire....
Emporium
July2.i77.su
M.AN.
500.000
600,000
l,ooo,ooc
8,030,000
SOO.IXXI
1.500,001.
rlental*
Pacific*
.(«
1,
M
70
:w
Empire City
jW".Y,' Y;...s
F.4A
Manhattan*
Manal. 4 Merck*
Marine
Slr.lH
11
Commerce
,
IV 00 M.4S.
1.B4J700 J.
soo.oa
189 200 J.
100,0.0
18 300
600,00l>
43«,100 J.
191,400
2 050.(00
11.S0C J.
V'.yVt.
68.000 J.
400,000
1.OO0.00C
401,. (0 J.
2.000,000 lOU.'OO J.
Island City*
Leather Manuf....
300,000
200,000
200,000
200,010
200,000
204,000
150,000
150,000
2;>
Columbia
May 11, "77. .6
May 2, '77...
May 1, '77..1
13,000 M.4N.
8,200
£0.300 j.'Ji'i'.
170,>00 1.4 J.
500,00/
1
May
May.
May.
4.V0O
U'O.OOU
300.000
000,001
100.000
1
Traders
1,000,000
40
IUI
1(0
So
50
Apr.lO,77.3X
Feb. 1. '74...
M.4N.
'2(O,0iK
200,001
200,00X1
Greenwich*
Grand Central*....
Grocers*
Hanover
Harlem*
50
100
4 M'lst'rs
Broadway
Brooklyn
Citizens'
Ju y:i. -6 ..3
Apr.2.77.2X
4 J.
J.
25
1X1
City
Clinton
77.. .5
1,
10/76.
A. 4 0.
F.4 A.
92i',6(i0
Bowery
127X
jBn. 6.16...3
Apr.l. 77. ..3
July2, 77...S
4'0. 00
6J8.0O0
.96 200
3;,foc
21N..IXX!
5(1
215
I
600.000
20
77.195
5,245
10,451
10t,j68
Eagle
11
7T...S
'77...
1
521.700 'ii-j'.'
OOO.OU
I
Q—
Arctic
Atlantic
Last Paid,
July. 77. .5
July, 77. .7
July. 77..
July, 'I.-..5
Jan., 77. .4
40.350
50,116
Continental
1.
July
J.
J.
J.
100
1373 1874 1875 1876
t2BM2»
2, '77...3
May
Aug.
400 .(Ml
200,000
2(0,000
Commercial
2.
July
4X
"'•
J.
500.001
500,001
i
4
4
4
34.101
ao.ooo
50
100
Brewers'
-77.15
1,
July
July U/77..8
I3-»,8>'
1,000,IXK
350,001
200.0(0
10(1
.2
IM
9,700 J.
l
Corn Exchange*..
Dry Goods*
H
-rfctna
1,
1877.*
j
American
American Exch'e..
Amity
Lint.
broker. 65 Wall street.!
DIVIDBNDB.
200.000
3(0,000
200,000
200,000
153,000
300,000
210,000
150,000
300,000
200,000
200,000
2, 77...
2, '77.. .4
May
653.4'0
loo.ooo
Continental
Murray
July
July
.I.4.T.
4 J.
J. 4 J.
5,000.001'
Commercial*
1
July2, Tl...
Q-F
...
Commerce
Merchants
* j.
4 J.
10
450,000
2i4.:oi J. 4. 1.
300,000 3,n2,8'0 Bl-m'ly 100
9
600.000
1:6.001) J.4J.
20
1,000,000 1,511,'Tll
Chatham
City
/.
2. '77..
J'Jiy'ij, 77.'.'9
Sept. I '75. .5
as.
IIH.IW
1,77.. 3
6
July
Jan.
Par Amount.
Adriatic
.Inly2,-77...1
May
M.4N.
J.* J.
Bull's Bead*.
4 Drov..
1875.
J.*.I.
1,288,0(0 Y'i'i'.
200,000
32,500 vi.
A
Bid. Ask,
Butir.
PLUS,
Amount
Broadway
Import.
Irving
IS76
COMFANIH.
a.
America*
American Exch
Brewers'
Pale*.
(•)
are not National
Bowery
a
DIVIDENDS.
v.
tt».iiKw,.ir..
4
do
do
do
do
do
1877-80
1S77-79
1890
1883-90
1884-1911
1894-19(0
1907-11
1877-98
1877-95
1901
1905
1878
1S94-97
1889
1879-90
1901
1888
1179-12
1896
July,
00
1991
Askd
UK'
1(0
110
1(3
3
112
106
loosing
'.Id
s*
119
1(0
119
106
101
118
108X
105
106
118
107
107
Ktt
110
102 X
119
103
117
112
106
104X
tots
114
II*
111
101
1(12
108
110
120
120
101
105
nn.Ker. i*
hrnuktyu-L.inr.Ai llllpr'em*'
City boDds
do
Park bonds
,
„
....
Water loan bonds
DrMjre bonds
,
Water loan.
City Donas
Kings Co. bonds
,
do
do
Park bonds
,
brldg"
,
•Ah Brooklyn bond*
[
Jersey
January* July,
do
do
do
do
ao
do
1878-80
1881-95
1915-24
1903
1915
1902-11O5
1881-95
1880-at
14*1
1924
19O7-19I0
do
do
do
do
do
do
May & November.
ho
40
January a July,
do
do
104
nsx
119
117
106X
'JU
119X
109X
no
KM
1C8
113
•09
11
111
107
110
flat.
Quotations by C. /.aiuu-kih 4r Montgomery
St.,
Jersey City.]
City.
Watei loan, long
do
1869-71
Sewerage bonds
1866-69.
Assessment bonds. ..1870-71.
Improvement bonds
1868-49.
Bergen bonds
January 4 July.
January 4 Ju.y.
do
do
Jan., May. Julv 4 *Jnv
J. 4 J. and J 4 D.
Jannarv and Jul*.
1895
1399-1902
1877-79
1191
'.905
19II-
I0IX
no
101
109
110
105
I02X
111
102
110
111
101
August
THE CHRONICLE.
11, 1877. J
187
1P75-76.
162.2*0
4.624
7,000
10,000
1876-77.
Unoestmentfi
Working expense*
172.
Taxes
Rent of Central tracks
AND
STATE. CITY AND CORPORATION FINANCES.
New
rails
over ordinary wear
.
Total
Net earnings
Percent of working expenses
Per cent of all expense.
The " Investors' Supplement" Is published on the last Saturday
of each month, and furnished to all regular subscribers ol the
Chronicle. No single copies of the Supplement are sold at the
regular
office, as only a sufficient number is printed to supply
subscribers.
A summary
of the
4W
8,756
8.(00
22,000
income account
is
$"»04,»08
uaMn
$108,949
56 42
65 62
~$9»JM
5721
6476
as follows
Netearnlngs
$106,949
A Montgomery R.
Preferred stock. Mobile
R.
Co
$700
Cm
98,576
Interest account
Dividends, 8 per cent
ANNUAL REPORTS.
108,328
Net balance for year
Profit and loss balance from previous year
Rutland Railroad.
year ending June 30,
1877.)
(For the
At the annual meeting of the stockholders, held at Rutland,
Vt., July 20, Hon. John B. Page, President, read the annual
report of the financial condition of the company, which contained
the following
BALANCE SHEET, JULY 1, 1877.
*?'1 32-?°!'
Capital stock
Preferred capital stock
Bills payable, bills receivable,
Bonds,
first
« « 2
."•"''I
HOOO
and cash
250,768
1,600,000
mortgage
$9,650,646
Total
Construction account
Real eBtate
Addison Railroad stock
$9,07.1, ISO
115,925
218,100
282,000
11,500
Mortgage bonds on hand
Rent due and unpaid
$9,650,648
Total
rent for the Rutland and leased roads for the year has been
paid, except the rent of the Vermont Valley road, which rent was
paid up to October, 1376, when, by the decree of the United States
Court, we were no longer entitled to receive the same. The
receipts for the year ending July, 1877, were :
The
$330,000
For rent of the road
For rent of real estate
For interest la receivables
1,894
12,586
$344,480
Total...
The disbursements were
:
$"5,000
For coupons paid
101,840
For coupons paid on mortgage bonds
25,315
For interest account
3,100
For bonds paid Rutland and Burlington first mortgage
17,500
For rents paid on leased roads
3,481*
Fer legal services paid during the year
9,600
For salaries of President, Treasurer and clerks
718
For advertising, postage, stationery, telegraphing aud official expenses
45,' 03
For floating debt, paid...
Balance, cash on hand
2,876
Total
$341,460
'.
The President presented and read the
modification of the con-
tract betwevn the Rutland and Addison railroad companies for
the lease of the latter road to the Rutland Railroad Company, the
modification beinjr a reduction of the rent for the Addison road
from 7 per cent upon its capital stock to 3 per cent per annum.
General J. S. Whitney explained to the stockholders the effect of
the reduction of rent from $33,000 to $15,000 per year.
On the motion of Mr. Gill, the action of the Board in the matter
of the Addison lease was ratified and confirmed.
The President further explained the details of the transaction,
showing that the claim of $102,000 received from the Central
Vermont in the settlement of a year ago was virtually a cash
benefit to that auloiint. He alio stated that in the suit now pending at St. Albans, the interests of this company were being probated there, and in case the sale desired by the Central Vermont
managers should be made, it could in no case injure this company
or their future prospects.
Atlanta & West Point.
(For Vie year ending June 30, 1877.)
The equipment consists of 21 engines 5 passenger, 4 baggage
and 1 express car; 113 box, 18 stock, 23 platform, 3 coal and 5
;
caboose cars 2 shanty cars.
The general balance sheet has the following items
:
Stock
$1,2.12,200
Bonds
Unclaimed dividends
Due agents and connecting roads
Profit and lost
6-1.000
1.9i5
8,489
99,906
Total ($17,533 per mile)
$1,420,510
Road and equipment ($14,741 per mile)
and balances due
Bond exchange account
Bills recelvaole
Vicksburg
&,
$1,194,061
189.327
9,853
8,432
43,898
...
Meridian preferred stock
The
freight carried
was
as follows
:
U76-77.
Biilea cotton
Total tonnage of freight
.
The earnings were
.
.
1875-76. Increase.
61,412
87/85
66,*o0
19,824
Government transportation
GENERAL INVESTMENT NEWS.
—
Baltimore City Loan. Proposals for the five million five per
cent water loan of Baltimore city, to redeem existing six per
cent loans, were opened this week by the board of finance commissioners. There were over sixty bids at first, aggregating
Over three millions of this sum was bid for at a pre$4,126,200.
mium ranging from 1-100 of one per cent to three per cent, and
the balance at par. Subsequently, bids were made for about
Ihe certificates of stock, which
$3,000,000 more at par to 100-41.
are being printed by the American Bank Note Printing Company
of New York, will be ready for delivery August 22, when payments will be made. The board decided to call in the five milwater loan matured in 1875, and they announce in an advertisement this morning that interest will cease on that loan after
August 31, on and after which date the board will be prepared to
redeem the stock at the city register's office. Some four hundred
thousand. dollars of this stock is held in the city sinking fund,
which will be canceled by the $600,000 of the new stock taken by
the finance commissioners.
British Railways in 1876 and 1875.—The annual report of
the Railway Department of the British Board of Trade for 1876
contains the figures given below. The following shows the proportion in which the paid-up capital is made up of preference,
guaranteed and ordinary stock:
lion
Ordinary.
England & Wales. £216,207,544
Scotland
Ire
29,560,892
and
16,240,417
£262,008,883
Total
10,692
$811,158
$233,498
18/83
£70,272,152
10,185,909
821,610
£S0,779,671
Preference.
£117,704,236
24 070.572
9,353,518
Total.
£404,183,932
£148,128,321
£490.916,875
63,871.878
22,915,570
tables show the rates of dividend paid upon
these various descriptions of stock:
Ordinary. Guaranteed. Preference.
Rfte of Dividend.
nil (lines
rer cent
1
and not exceeding 2percent
do
8
2
do
do
4
do
3
do
do
5
do
do
4
do
do
do
8
5
do
1
do
do
do
do
do
do
do
«
7
8
9
10
11
12
do
7
do
do
do
do
do
do
8
9
in
11
12
18
£48,61.0
£3,217,166
35.675,344
not completed)
nil
Not exceeding
do
do
do
do
do
do
do
nil.
nil.
12,916,914
4,29m. 158
9,970.812
26.864,0)8
26,751,213
70.210,846
44.686,124
21.060,549
101,180
2,814,214
18,930 68b
48 361.013
7.3111,251
2,3?0.414
680,570
nil.
5.17,918
184,003
2,000
885,326
I,059.8f0
3,857.065
80.000
nil.
nil.
£153,226
8,942.162
24.770
5,478,233
1,276,331
2 '.,294,7.12
106,314,656
3,128,530
22",16l
297,500
64,0i'0
229,340
nil.
165,000
nil.
Of debenture loans and stocks, which form the first charges
upon the tolls and profits of the railways, there are some which
receive no dividend, and others which receive only a very moderate return, as will be seen from the subjoined figures:
Debenture
Receiving no interest
Not exceeding 1 per cent
1 and not exceeding 2 per cent
Loans.
£1,100
nil
5,000
5,562
23,719,966
9,569,937
212,750
Debenture
Stocks.
£164,566
nil
110,531
561,851
78.211,587
62,734.584
2,702.368
nil
do
do
do
do
t
5
nil
do
7
6
11.200
50,000
do
8
7
The year 1876 was generally considered one of great depression
in business, but the receipts both from goodB and passengers increased, and the amount of net revenue compares favorably with
The following figures show the general results of
that of 1875.
the workinc- of the past as compared with the previous year
2
8
do
do
do
do
do
do
do
do
do
do
do
do
a
4
B
1C««
carried
Goodstraflic
Miscellaneous receipts
Total receipt' from all sources
Working expenditure
Netrecelpts
;•-,-•••
Hate ptr cent
Proportion of net receipts to paid up capital...
Cost per mile open
187S-76.
$99,21 i
100,344
16.677
7,2*5
1876-77.
$58,101
196,481
Guaranteed.
The following
Milesopen
as follows
Passengers
Freight
Express ard mall
Total
99/97
75/81
$99,906
exceptional causes, which are not at work at present. A slight
decrease in receipts for the current year is expected, but can, it ia
believed, be met by careful economy in expenses, so that dividends
will not be decreased.
°
Number of passengi rs
Amount received
$1,420,570
.
There was a large increase in cotton carried, especially ia
through cotton. There was also a large movement of grain, from
4
;
Cashonhaud
Bslanceat close of year
i'-n'n£
j,«00,000
Bendx. mortgage, equipment
Dividend scrip outstanding
Coupons unpaid
Rents
!
$1,621
98,285
538,287,255
£26, IK3,.' 51
*H^-?i3
.
•
vI'-,7
Jv
.•12
^?'S5'52?
«8,«S0,W»
."},
*?;?_
J&E1
W"
Iff
1875.
506,975,884
£25.714/.K1
83,268,072
2.*M,;47
st.ar.ooo
83, ttO,7fi
28,016,272
64
4 45
16,658
£37,883
Chicago Burlington & Qnincy.— Mr. John N. Denison, Boston, gives notice that under the contracts (usually known as
traffic guarantees) the sums named below have accumulated and
will be applied to the purchase of the bonds of the respective
companies at a price not above par and accrued interest
THE CHRONICLE.
138
Keokuk & St. Paul, amount applicable to purchase of bonds,
$342,709 Carthage & Burlington, amount applicable, $307,911
Dixon Peoria & Hannibal, amount applicable, $221,908.
»
;
—
[Vol.
XXV.
were issued under the election of December, 1868, and therefore
These bonds are not
there was due notice to the purchaser.
This decision applies not merely to this
voidable, but void.
case, but to a large class of bonds issued under similar laws
passed by the Legislature 'curative' of previously notorious
Though these bonds have been issued some years,
illegalities.
the question has not beeu raised regarding them until now,
though the same point has loDg since been decided in other
Chicago & Iowa. This is one of the Chicago Burlington &
Quincy "traffic guarantee" roads, and a bill has been filed at
Chicago in the United States Circuit Court by John N. Denison
and John W. Brooks, of Boston, Mass., to foreclose the second
mortgage. The company was incorporated in November, 1809, cases."
the road to run from Aurora, Kane County, 111., through Rnchelle
Pennsylvania Railroad's Dividends. The Pennsylvania
to Forreston, and to the intersection of the track of the Illinois
Central Company in Ogle County. There are now outstanding Railroad Company have declared three stock dividends, as fol1,160 bonds of the new or second issue, aggregating $1,150,000, lows May, 1864, 30 per centum May 1865, 5 per centum May,
and default has been made in the payment of the interest due 1868, 5 per centum; being a total of 40 per centum. SinceT855
July 1, 1877. William H. Holcomb, the company's treasurer, was the cash dividends of the company have averaged over 8 per
appointed Receiver, Aug. 3, by Judge Blodgett, under a bond of centum per annum, in addition to the above. It is fairly to be
inferred that these large dividends were all earned belore they
$50,000.
were made and paid, because it they had not been, the directors
holders
At
a
meeting
of
the
Paul.
Milwaukee
& St.
Chicago
have assumed a grave responsibility, ns the tenth section of the
mortgages
made
to
Russell
Sage
secured
the
two
debts
by
the
of
charter Expressly declares that " a dividend shall in no case
and N. A. Cowdrey, of February, 1870, and 1871, by the St. Paul exceed the amount of the net profits actually acquired by the
Railway Company, the trustees, Sage and Cowdrey, were company, so that the capital stock shall never be impaired thereremoved, and the Farmers' Loan & Trust Company substituted.
by and if the said directors shall mak6 any dividends which
County Bonds Not Void by Consolidation of the Railroad shall impair the capital stock of the company, the directors conauthorized to Receive Thein. The United States Supreme senting thereto shall be liable, in their individual capacities, to
Court has decided the case of County of Scotland, plaiutiff in the said company for the amount of the capital stock so divided,
error, us. Joseph T. Thomas, taken up from the Circuit Court for recoverable by action in debs, as in other cases
and each director
Eastern District of Missouri. This action was brought by plain
present when such dividend shall be declared shall be considered
tiff below (the defendant in error) to recover the amount of
as assenting thereto, unless he forthwith enters his protest on
certain interest coupons attached to certain bonds issued by the the minutes of the board and give public notice to the stockorder of the County Court of Scotland County, Mo. (the defendant holders of the declaring of such dividend." Philadelphia
below), on behalf of the county, to pay a subscription to the Ledger.
stock of the Missouri Iowa & Nebraska Railway Company. DisPhiladelphia Wilmington & Baltimore— Queen Anne's &
posing of the objection to the authority for voting the bonds,
Which was decided against the county, the Court passes on the Kent. The controlling interest in the Queen Anne's & Kent
other objection that the railroad had been consolidated with Railway has been purchased by the Philadelphia Wilmington &
other companies, becoming the Missouri Iowa & N ebraska, as Baltimore Railroad. The stock purchased comorised the 52 per
" The specific question in the present case, therefore, is cent of the whole, for which the Philadelphia Wilmington &
follows
whether the authority given to counties and towns in 1857 to Baltimore Railroad has given its notes for $60,000, to be paid in
The Queen Anne's
subscribe to the capital stock of the Alexandria & Bloomfield instalments of five and ten thousand dollars.
Railroad Company has become extinguished by the subsequent & Kent Railroad runs twenty-six miles, from Centreville, Queen
consolidation of that company with other companies, irrespective Anne's County, to Masaey's Station, on the Townsend branch of
of the constitutional provision referred to. The Constitution the Delaware Railroad.
does not itself, as we have seen, interfere with authority given
Portland & Ogdensbnrg.— A bill in equity for th* appointprevious to its adoption. That simple consolidation with another
ment of receivers of the Maine company has been filed in the
company does not extinguish the power of the counties to sub- Circuit Court at Portland, Maine, by the first mortgage bond-
—
:
;
;
—
;
—
;
—
—
:
scribe, or the privilege of the company to receive subscriptions,
in the case of the State tw. Greene County (54 Mo.
was decided
After an extended view of the authorities on the above
point, the judgment is affirmed, Mr. Justice Field taking no psrt
In the decision, and Mr. Justice Miller dissenting. Mr. Justice
Bradley delivered the opinion."
holders, one of the trustees under the consolidated mortgage
joining in the application.
540).
Louis Iron Mountain & Southern.— A dispatch from St.
9, says: " The attorneys for the Union Trust
Company of New York to-day dismissed without prejudice, in
Georgia's Unrecognized Debt.— A press dispatch from the United States Circuit Court, the suit which has been standing
Atlanta, Ga, August 9, says: "In convention, to-day, upon the there some months against the St. Louis Iron Mountain & Southrepudiation section, Governor Jenkins spoke in favor of remitting ern Railroad, and filed a new bill asking for the foreclosure of
the claims upon the State to adjudication by the Supreme Court the mortgage and the appointment of a receiver for the road.
of the State. He favored a fair legal investigation and a judicial The new bill is based upon the same general grounds as the old
determination of the rights of the alleged bogus bondholders. one, the default of interest on bonds."
General Toombs championed repudiation, saying that the State
St. Louis Lawrence & Western.— The equipment of this road
was not bound for a single dollar appropriated uuder the recon- was sold at Lawrence, Kansas, July 23, by the United States
struction government; that it was an usurpation by the aid of the Marshal, for
$7,100.
bayonet, and the world had notice that the acts "of the de facto
Springfield & Northwestern. In the United States Circuit
officers were without the consent or authority of the people of
Georgia. The section declaring the bonds illegal, null and void, Court at Springfield, III., August 1, a decree of sale of this road,
and prohibiting the Legislature from paying them, directly or to satisfy the claims of the bondholders, was ordered to be
indirectly, was adopted by a vote of 100 to 1G. The proceeds of entered.
St.
Louis, Mo., August
—
the sales of the State railroads are to be set apart to extinguish
the indebtedness of the State on their account. A Binkiug lund
of $100,000 per annum to purchase the bonds of the State for the
purpose of retiring them is established."
More Repudiated Town Bonds
in Illinois —The SupremeCourt of Illinois has decided that certain bonds issued by the
town of Lacon, in that State, as a subscription to the capital stcck
of a railroad company some yearB ago, were illegally issued, and
are therefore void. The facts of the case are thus stated by the
Chicago Tribune : " On December 22, 1868, an election was held
in the town of Lacon, Marshall County, at which a majority of
the votes cast were in favor of a subscription by the town of
$60,000 to the capital stock of the Hamilton, Lacon & Eastern
Railroad Company. At the time the election was called and held
no law was in force which authorized the election or conferred
power upon the town to vote upon the question, or in any manner to become a stockholder in the railroad company. On Alarc.h
5, 1869, the Legislature of Illinois passed an act which declared
this election 'hereby legalized and made binding and valid,
notwithstanding there was no law existing, at the time said'election was held, authorizing the people of said township
to
vote for subscription to the capital stock of said company
This act further provided that the Supervisor make a valid and
binding subscription, and issue bonds, &c.
The Supervisor
accordingly subscribed $60,000, and in due time (in March,
1871
the Supervisor and clerk issued and delivered the 60 bonds
each for $1,000, bearing 10 per cent interest. The Court
held'
as it hid hold in previous cast s, that the "Legislature
had no'
power under the Constitution to pass a law rendering the election
and subscription valid, as the effect would be to compel a municipal corporation to incur a debt for purely a local
muLicipal
purpose; and that ihe Legislitura could not auhoriz^ a
Supervisor and Town Clerk to create a corporate debt
without the
consent of the people expressed at the polls, as the
right to
impose taxes or to create a corporate debt is not incident
to their
powers. The bonds in this case lecited on their
face that they
Toledo Peoria & Warsaw.— The report of A. L. Hopkins,
months of June and July, has the loHowing:
receiver, for the
RECEIPTS.
Jnne 2, cash on hand
Amounts rece ved from
Amounts
leceived from
$15,940
119,319
.•
local freights,
local freights,
June business
i
July business
106,280
Total
SM1.610
XXPEND1TUITES.
Amounts paid on local
Amounts paid on local
$12s,063
114,466
freight account for June
freight account for July
Cash on hand
1,091
Total
$341,620
Virginia State Debt.— In view of the political discussion in
regard to uusettling the last arrangement made with the State's
bondholders, a statement of the debt up to 1st July, 1877, has
been furnished from the auditor's office in Richmond to the State
The different items of the debt are as follows
Total debt assumed under the funding bill, exclusive of the sinking
:
fund and bonds held by the literary board
Of this there are bonds with coupons receivable for taxes, and
capable of being converted into such bonds
Unfunded bonds and funded bonds with coupons not receivable
for taxes known as " reele's''
Arrears of interest on debt, including July
$29,412,126
20,837,015
9,175,110
1,
1ST"
8,11)8,852
Coupons due and outstanding
Bonds belonging to the litoiary fund (provision is made
payment of interest on these bonds at maturity)
Interest paid on bonds hel d by echoolB and colleges
I,146,t29
for the
1,428.345
62,( 87
The Auditor shows that the additional interest to be raised by
taxation is in round numbers $540,000, and adds " A saving has
already been effected in legislative expenses of at least $100,000
:
per annum. Criminal expenses can be brought down another
hundred thousand, and thus leave only $340,000 as the necessary
added revenue. Yet we are to throw away the very springs of
our prosperity and existence to save a sum which is iess than ten
cents on the hundred dollars on the taxable property of the State
one dollar for every man who haB a thousand dollars of prop-
—
erty."
THE CHRONICLE.
At -mi st 11, 1877.J
COTTON.
Commercial Slimes.
3t!)c
Friday Nioht, August
10, 1877.
considerable activity in trade circles, and some further
progress hag been made in opening business for the autumn
season. Crop prospects continue exceptionally good, and strong
is
hopes of better times are based upon the Increased yield and
ercellent quality of the leading staples of agriculture, already
There is not
secured or strongly promisod.
speculation, and values are but little disturbed
much
M„
Friday, P.
August
10, 1877.
The Movkmknt of tub Crop,
CO M M E R( UAL EPITOME.
There
135)
as indicated by our telegram*
from the South to-night, is given below. For the week endlnjr
this evening (Aug. 10), the total receipts have reached 2,102
bales, against 2,691 bales last week, 3,299 bales the previous
week, and 3,676 bales three weeks since, making the total receipt*
since the 1st of September, 1876, 3,960,930 bales, against 4,092,594
bales for the same period of 1875-6, showing a decrease since
Sept. 1, 1876, of 131,664 bales.
The details of the receipts for
this week (as per telegraph) and for the corresponding weeks) of
five previous years are as follows :
to
spirit
by that cause
Receipts this
week at—
1877.
1874
1815.
1876.
1873.
lffiS.
;
an increasing confidence in their stability. Tht!
760
233
811
1,566
232
1,513
troubles growing out of the recent railroad strikes are not yet Mobile
117
420
24
80
222
M
239
166
458
599
wholly ended, but are not felt beyond a few localities.
1,533
134
}
Port
Royal, *c
99
466
Pork has been steadily declining, and to-day there was a good
203
55
218
213
1,089
61%
business on the spot $14 for mess and $10 25 for extra prime
233
238
168
317
153
515
}
and for Sept. delivery, mess sold at $13 83. Lard has declined
13
27
5
221
232
461
954
443
2,487
to $9@$9 10 for prime Western on the spot, with sales at $9 05 Tennessee, &c
2
7
1
@$9 10 for September, $9 103$9 15 for October, and $8 80@
189
41
86
259
It
156
$8 82$ for all the year. Bacon has also yielded a fraction, and Norfolk
119
147
1,0M
178
1.66J
2,660
Western long clear sold today at 7|c. Cut meats maintain the City Point, &c
26
23
8
23
Beef
and
beef
hams
they are scarce.
late advance very well
2,101
5.871
1,511
1,178
4,081
10.581
remain nearly nominal. Butter has been in excessive supply is
Total since Sept. 1.... 3,960,9:30 4,092,594 3,477,278 3,802,018 3,597,739 2,712,0'J9
lower at 16@34c. for good to prime lots. The same is true of
cheese, and State factories are down to 8@10ic. Tallow closes
The exports for the week ending this evening reacn a total of
The export trade is checked by the ad- 3,514 bales, of which 2,506 were to Great Britain, none to
•quiet at 8^c. for prime.
France, and 948 to rest of the Continent, while the stocks as
vance in ocean freights. Stearine has ruled dull at lOJc. for
made up this evening are now 149,612 bales.
Below are the
"
products
continues
hog
to
of
packing
"
prime. The summer
stocks and exports for the week, and also for the corresponding
show an increase of about 15 cent over last season. The foreign week of last season
exports of hog products, from Oct. 29 to Aug 4, for the last two
Exported to
Stock.
Total
Same
crop seasons compare as follows
Week ending
this
week
1376-7.
Increase.
Great _
1875-6.
ContiAug 10.
hence there
is
—
;
.
;
;
:
Porklhs
Lard lbs
".'.
Bacon, lbs
Total, lbs
33.131,800
143,896,872
806,577,73J
4?,8T5,S00
181,771,130
359,959,931
9.741,0(10
38,387,35;)
53,382. 201
488,098,804
889,009,361
101,510,459
Trade in Kentucky tobacco has been more active, and sales for
the week amount to 800 hhds., of which 100 for consumption and
700 for export. Prices are firm at 31@5Jc. for lugs and 6J@10c.
Seed leaf has also been in good request, the sales for
for leaf.
the
week aggregating
1,065 cases, as follows
:
200 cases sundries
at 4, 18 and 20c; 200 cases New England, 1876 crop, at 5@6c. for
fillers and 9@llc. for seconds 225 cases, 1875 crop, New England
10, 12, 16,224, 25, 30, 35c; 263 cases, 1876 crop. New England,
B@16J«. 137 cases, 1875 crop, Pennsylvania, private terms 38
Spanish tobacco was in good
cases, 1875 crop, Wisconsin, 7c.
demand, and the sales are 850 bales Havana at 65c, 70e. and $1 10.
The business in Rio coffees has been very moderate, but hold
fair to prime cargoes, 19@20£c
ers have retained steady prices
gold jobbing lots, 16f9211c, gold. Stock here on the 8th iusc,
87,023 bags. Mild grades are steady and quiet 7,062 mats Java
Rice sells in the
sold recently, before arrival, on private terms.
usual jobbing way. Molasses has remained very dull, and prices
Relined
•re easier and nominal; 50-test Cuba refining, 38c
standard
sugars have steadily declined, with little doing
crushed, lie. Raw grades also are dull and barely steady fair
;
;
;
:
;
:
;
;
to
good
refining, 8f@84c.
Hhds.
Receipts since August
Sales since August
1,
Boxes.
3.4S5
3,905
121,253
64.853
1, 1S77
1877
Stock Augusts. 1877
Stock August 10. 187e
Bags.
Melado.
663
41,931
81
25,561
41,643
263.317
87,474
3.317
3,044
Orleans*.
Mobile
Charleston.
:
;
Cork
for orders, 5s. l0Jd.@6a.; do. to Bristol, 5s. 3d. perqr.; do. to
Naples, 5s. 7id.@5s.9d.; do. to Leghorn, 5s. 9J.; do. to the Baltic,
refined petroleum to
Gs. 3d.
do. to Lisbon, 17c. gold per bushel
the Baltic, 6s. do. and naphtha to the United Kingdom, 4s. 6.1. ;
naphtha to French ports, 4s. 7fd.; crude do. to Havre or Antwerp,
To day, rates were steady and
4s. 6d.; cases to Arabia, 70e. gold.
business moderate. Grain to Liverpool, by steam, 8Jd. flour, by
month, by steam, 9@9Jd.;
sail, to London, 2s. 6d.; grain to Avon
do. to Cork for orders, 5s. 10id.@6s. do. to Naples or Leghorn,
6s.
barley to Cork for* o>«ie'rs', 7s. refined petroleum to the
Baltic, 5s. 3d.
do. to Bremen, October 1 clearance, 4s. 3d. ; do.
in cases to Messina, 25c. gold.
In spirits turpentine there has been a sharp advance, owing to
small stocks, closing qniet at 34c. .Rosin*, however, have been
quiet, though steady at $1 75@f 1 85 for common to good strained.
Petroleum has been quiet, but remains steady in sympathy with
the creek advices ; crude, in bulk, 87Jc. and refined, in bbls., 131
@l3|c. In steel rails we note a sale of 4,000 tons, deliverable in
Chicago at $47 50. Ingot copper lower, with 300,000 lbs. sold at
18f@18Je. In hides there was a better business at steadv prices ;
the sales included 11,000 dry Rio Grande and 4,000 Texas.
Whiskey closed dull at $1 12, tax paid.
;
;
;
—
;
,
;
..
,
Prance
week.
nent.
1.458
1876.
9,459
1,453
1876.
34.428
New York
825
905
1,730
529
4,169
2.018
6,521
86,815
91,110
110
2,004
1,149
228
23,000
21,000
16,325
149,612
156,632
Norfolk.
other ports}..
283
Total this week..
1
233
2,566
948
2.S09
1,595
. .
Total since Sept.
25,473
2,9=8
...
43
Qalrestont.
1877.
3,5f,8
Savannah
2,130.770 459,535 4?2,&32 3.033,187 3,208,239
Aew Crlean*.—Our telegram to-nigtii from New Orleans snows tnat (oesides
aoove exports) the amount of cotton on shipboard and engaged for shipment at
Is as follows:
For Liverpool, loo hales: for Havre, no hales: for
the Continent, no bales for coastwise ports.no bales; which, if deducted from
tin port
:
the stock, would leave 25,373 bales, representing the quantity at the laucdug and la
presses unsold or awaiting orders.
t Qaioetiton.—Our Galveston telegram shows (besides above exports) on shiphoard at that port, not cleared: For Liverpool, no bales; for other forelan,
no hales; for coastwise ports.no bales; which, If deducted from the stock,
would leave remaining 4,169 bales.
t The exports this "week under the head of "other ports" Include from Boston,
2:3 hales to Liverpool.
From the foregoing statement it will be seen that, compared
with the corresponding week of last season, there is a decrease
in the exports this week of 12,811 bales, while the stocks to-night
are 7,020 bales less than tbey were at this time a year ago.
The following is our usual table showing the movement of cotton
at all the ports from Sept. 1 to Aug. 3, the latest mail dates:
BECEIPT8
SINCE 8BPT.
PORTS.
1876.
for
;
;
New
47,0lirt
ocean freights has been fairly active at
advanced rates berth room has been in limited supply, and at
one time grain to Liverpool, by steam, touched 9d. per bushel.
Late engagements and charters
Charters are firmly quoted.
include Grain to Liverpool, by steam, 8(1.; tobacco, 30s.; bacon,
40s.; cheese, 50@35s.; flour to London, by sail, 2s. 6d. grain to
Bristol, by steam, 8*d.: do. to Glasgow, by steam, 5d.; do. to
The market
„
Britain.
EXPORTED SINCE SEPT.
1.
1875.
1,179,561 1,396.C29
N. Orleans
Great
„
„
Britain
,
_
France
Other
,
.,
forei'n
,
1
TO—
_
Total
Stock
689,166331,016 179,387 1200,121
Mobile....
357,389
370.113
143,615
25,163
Charlest'n •
470,501
412,326
221,616
50,679
72,801
345,066
Savannah
..
476,631
516,191
233,515
14,742
50,20.1
293,159
Gal veston*.
501,410
477,419
206,763
24,774
25,412
856.952
New York..
121,170
198,190
379,113
9,033
30,763
418,919
23,357
2,511
10,606
36.474
109,692
1,602
1,221
112,515
44,922, 218,703
(
Florida
20,331
12,072
N. Carolina
!29,23fi
102,438
Norfolk*
Other ports
552,349
490,131
150,200
Tot. this yr. 3,!l58,82S
Tut. l»«t vr.
"
111,765
116,36
16,065
132,-
.... 2128,201 159,535 431,88i;8019,673 1381,948
4.0 , 6.7*8'2045,9H 449.051 696,911 3191.914 1338.013! 131,138
is luciuueu fort Uoyal, ase.; UU'ler the lieau of
Included ludlauoia, Ac; under the head of Norfolk is Include.! Oily
uuuer tue ucouul IMOTMSKMI
Galveston
is
Point, Ac.
;
;
;
These mail returns do not correspond precisely with the
total of
the telegraphic figures, because in preparing them it is always
necessary to incorporate every correction made at the ports.
There was a rapid decline in prices of cotton on the spot for
tha first half of the week, until on Tuesday middling uplands
had receded to lljc. Thereupon a better demand from home
spinners prevailed, with whom, on Wednesday, a pretty lair
business was reported, causiug a firmer tone, but no quotable
recovery is. values. The decline early in the week was due In
part to advices from all points unfavorable to holders, though
probably not more so than on previous occasions, when prices did
not give way materially; but speculators as well aa regular
THE CHRONICLE.
140
to elose up accounts for the season,
To-day, the market was
to be realized.
steady, but only a moderate business done, and wholly for borne
consumption. For future delivery there was in the course of the
first half of the week a decline of from 23 to 39 points, but some re-
were also inclined
receivers
and
sell at best prices
action set in towards the close of Tuesday, which on Wednesday
resulted in a recovery of 9 to 10 points from the lowest figures.
But it was apparent that the demand was merely to cover contracts that had been put out at higher figures, and this accomplished, prices relapsed again yesterday, under dull and weak
foreign advices. To-day, the market was firmer on stronger
accounts from Liverpool, but the third call was omitted, and
business nearly suspended soon after 1 o'clock, owing to an
accident in which one of the lads employed about the Exchange
lost his life.
The total sales for forward delivery for the week are 205,200
bales, including
free on board. For Immediate delivery the total
sales foot up this week 5,328 bales, including 530 for export,
in transit.
4,764 for consumption, 34 for speculation, and
Of the above, 1,200 bales were to arrive. The following tables
show the official quotations and sales for each day of the past week
—
ALABAMA.
UPLANDS.
New
Sal. Hon. Sat. lion. Sat.
Aug. i Aug. 6 Aug. 4 Aug. 6 Aug. 4 Aug.
iox
10*
10*
tb.
Strict
11
Low Mlddrg
Middling
Good Middling
1-X
iox
U'X
11
5-16
11
Strict
iox
10*
iox
nx
Good Ord'ry.
Strict
3-16
v.%
1I1.-.6
10X
11 11-16 11 9-16
11
18 5-16
Low
Aug.
10
;o l-ie
Good Ord'ry.
Middling....
BtrlctLow Mlddl'g
Middling
Good Mldd lng
Strict
7
Good Mlddl'g
Middling Fair
10 7-6 10
10 11-16 10
10 15-16 10
13 3-16
5-16
11
Aug.
10
10
10
10
11
HX
nx
5-16
Aug.
11 5-16
UX
•ox
ll
u
is- 1
"1 15-16 12 1-16 11 15-16
11
.2 5-16 12 3-16
12 11-16 12 9-16
13 7-6 18 5-16
13 5-16
18 7-16
8
Aug.
10 '5-16
5-16
nx
nx
$
isx
7
Aug.
Aug.
8
Aug.
7
8
10 1-16 10 3-16 10 C-16 10 S-16 10 3 16
10 1-16 10 9-16
10 9-6
10 9-16 10 9-16
10 11-16 10 13-16 10 13-16 10 13-16 10 :S-16
11
l'.X
ii*
12X
isx
li
6
Wed Tues Wed. Tues Wed.
7
1-16
7-16
11-16
15-16
nx
MM
12X
13X
Fair
IS
1-16
7-16
11-16
15-16
Aug.
4
!0X
11 15-16 11 13-16 1! 1-16
12 S-16 12 1-16 12 5-16 12 8-16
12 9-16 12 7-16 12 11-16 12 9-16
Tuei Wed. Tues
Aug.
•» B.
Ordinary
Strict Ordinary
Aug.
6
IX
10X
10X
11
11
'.OX
10X
nx
nx
UX
5-16
11 5-16
7-16
11
UX
"X13-'6 UX11-16 nx
m*
11
Hon.
Sat.
IOX
iox
10X
IOX
u
nx
11 5-16 11 H-16
''•%
UX
9-16
11 15-16 !1 1S-IS
Strict Good Mlddl'g '.2 3-16 12 1-16
Middling Fair
12 9-16 12 7-11
Fair
18 5-16 13 316
Strict
TEXAS.
Hon
Classification.
Ordinary
V
Ordinary
ORLEANS.
B.
11
1-16
li
7-16
12
UX
rxg
OB
12X
I3X
12*
;sx
1-16
11
11 1-16
1-16
11
UX
llli
II 7-16
11 7-16
111-16
UX
nx
nx
UX
Kg
i}9
12X
nx
I2X
12*
ISX
13X
13X
•frl.
Til.
Tb. I'll. Th. FrI. Th. Frl.
Aug. f Aug. 10 Aug. 9 Aug. 10 Aug. 9 Aug. 10 Aug. 9 Aug. 10
Ordinary
J)
Strict Ordinary
Good Ordinary
Strict
Low
Good
Middling
Strict
!-H 10 l-!6 ie
10 7-16 10 7-16 10
10 11-16 10 11-16 10
15-16 10 15- 6 10
n>. 1!)
Ord'ry.
Low Mlddrg
I1M
UX
UK
11 5-16
11 511 5-16
US
UK
UM
HX
11
]\*
Middling
Good Middling
Strict Gold Mlddl'g 12
Middling Fair
I2X
Fair...
18X
11 5-18
'.6
JIM
12X
13X
ia*
ISM
12X
isx
Sat.
Aug.
Good Ordinary
Good Ordinary
Strict
Low
Aug.
iox
port.
Thursday
599
521
.
.
WYdm-May
..
Ijull,
lower
Aug.
6
Aug.
'530
10*
10X
10X
11
11
sit.
iox
"i5
31
4,761
Deliveries.
1.155
1,842
1,084
34,800
41,600
40.500
39. 00
2S.800
19,300
SOU
SOU
5,328
205,200
600
For forward delivery, the sales (including
have reached during the week 205,200 bales
the basis of middling), and
sales
and prices
..
:00
•*•
800
....U-3!
1,100
410
U00
:,<co
TO
..
11-
9
too
...11-41
...11-41
100
600
»'m
..
.11-46
4.I0O
...11-50
....li-M
...11-52
210
SOU
400
11-13
11-11
11-15
100..
610..
700..
lilt
4,13
20n
200
..
100
2.H'..
....Ull
fOO .
200 .
300..
•100..
2011
.400..
11-16
11-17
11-31
11-53
11-56
11-57
...11-22
...11-23
...11-24
...11-27
IMS
800
...11-33
...11-34
900..
600..
too.
1
1'-|9
8,'
00..
3,600 .
u-:o
icn
For October.
'.!>..
11-24
100..
11-25
1l'i6
11-17
ll-'8
11-29
11-30
20"..
1,000 .
500..
suo..
500
200....
ll'S!
11-61
i inn.,
11-38
200..
600..
910..
5.700..
:,3fo.,
1.J00..
60i.
U-31
ijm..
i:-o;
....11-85
l-8«
....11-S7
.. .11-38
... 11-89
.. 11-40
... 11 41
....11-12
1.100..
2.20J.
1,101..
11\3
11-54
7"..
1.J00..
60'..
....11-56
....11*"7
1/00..
8,10'..
5,100
1.2IO.,
1.110..
30"..
809..
300..
600..
.
iOU
...1163
....11-711
lOU
(00
29,11*0
..
U'73
...11-76
total
Aug.
WO..
lllta
0-97
10-99
1 -ID
.
...HIS
.
113,200 total Sept.
11-21
...
...1-43
....11-41
....l'-lt
....11-16
....11-4:
....11 18
... 11-411
....11-50
n-.u
..
li-a
23,500 total Oct.
11-21
1.500
1.209..
1.000..
1,900..
5.600.....
14.P00..
7.300..
UOt
4,1
00
1.710
1,100
2
.
.
.
400..
00.. ......
2
0.10..
90'..
For November.
100
600
:oi
tOO
10>
200
160
10-Tt
10-80
;o-82
10-83
10-4
10-85
10 S6
...10-90
10°
500
100
1(1-9:
10-92
l»*
...WW
tOO
l(r»i
100
-,i.-95
700
1096
1097
1.100
2.00
WW..
1,100..
100..
11-3
lot-..
ll-m
10-S4
20
10-5-I
500..
500.
100
1C-87
801)..
SOi
100
200
200
7«l
400
1C88
600
HID
1C-S2
1 -»3
10-91
10-95
10-97
tOO
1 -9S
500
1C99
1,80-1
11-14)
100
7l0
11-01
05
II
..
11 *i!
.11-03
11-09
11-10
11-15
11-16
11-17
li-18
100
200
200
210
'0-96
l,:u>
..
10,800 total
bales.
cts.
11-0C
11-13
11-06
11-11
11-11
11-18
11-16
700 total Feb.
For March.
U-Sl
4ro
n-15
100
11-35
11-16
2-0
200
U-87
U'39
1,6)0
100
300
11-40
11-41
11-0
11-21
Dec.
4,200 total
eta.
.11-28
.11-25
S00.
100..
11-01
.
XXV.
Jan.
U-42
11-45
400
For February.
For January.
1112
10-58
100
3.300 total
11-22
SOO
|
March.
The following exchanges have been made during the week
-.
58
pd. to exch. 1,000 Oct. for Pent.
86 pd to exch. 20i> Dei. for Sept.
•25 pd. to exch. 500 Oct. lor Sept.
The following will show the closing market and prices bid for
future delivery, at the several dates named
MIDDLING UPLAXDS— AHKBtOAH OLASBIl'IOATTOlt.
Thurs.
Frl.
Tun.
Wed.
Mon.
Sat.
Frl.
:
Quiet,
Market closed *£$%£;
11-6H
August
11*56
September
(October
November... ..
December......
11-18
11-86
11-18
11-03
iri'5
11-18
11'27
11-23
11*13
ll'l-i
11*28
11*41
11*54
January
February
March
11-46
u-si
1183
11-20
10-95
16-95
li-a
n-i'4
11-91
10-97
11-15
1110
1116
U-S4
11-24
11-40
11 33
11-50
16-H7
11-00
U-12
11V4
11*75
11-50
n-ro
11-40
aoia
Cicbanze
105X
11)5
X
4*:3
105 X
4 83
4
..
11-38
U*2i
11-83
U'M
4-11
vex
£8
Quiet,
hfsher.
11-42
11-11
io 9:
Tramf. orders.
...
lower.
11-47
11-S2
11-07
10-97
10' 99
10-99
10-38
10-90
11 02
11-19
Aorll
..
Higher.
Lower. Irregular. Lower.
1110
11-45
11-26
11-12
11*54
11-55
105X
105X
106
4'63
1-63
4-33
X
The Visible Supply of Cotton, as made up by cable and
The continental stocks are the figures
telegraph, is as follows.
of last Saturday, but the totals for Great Britain and 'he 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 (Aug. 10), we add the item of export*
from the Onited States, including in it the exports of Friday
only:
Stock at
Total Great Britain stock
StockatHavre
1874.
924,000
887,000
40,000
96,550
112,750
999,750
156,750
918,000
,873,000
86.0CO
London
18:5.
1876.
1877.
Stock at Liverpool
951,000
913,000
1,020,550
231,750
162.0C0
180,000
7,000
6,500
7,500
15,750
64,000
82,000
81,000
73,250
Stock at Marseilles
Stock at Barcelona
Stock at Hamburg
Stock at Bremen
Stock at Amsterdam
8tock at Rotterdam
Stock at Antwerp
Stock at oth«r continental ports..
14,000
11,506
11.750
21,500
73,450
58,500
41,750
46,000
43,750
61,000
41,000
86,750
10,750
15,250
11,000
25,750
18,000
7.750
17,250
4,000
18.2J0
20,350
15,000
87,000
455,500
434,250
391,00*)
475,750
1, 109,500
Total European stocks
India cotton afloat for Europe.... 294,000
53,000
American cotton afloat for Europe
Egypt, Brazil, &c.,afloatforE'rope 15.C00
149,512
Stock In United States ports
11,148
1
,« 3*^*0
1,475,500
421.000
518,000
£08,000
92,000
50,000
51,000
22,000
29,000
49.000
153,632
105,859
133,046
17,657
8,188
20,810
,847.250
1
4,000
....
1,000
I.0C0
Total vislblesupply.. ..baies.1,941,260
2,056,519
2,li5,2S7
2,210,356
Of the above, tbe
American
totals of
American and other descriptions are
is follow!
—
593,001
492,000
518,000
371,000
866,500
32**,000
1»2,000
263,000
68,000
92,000
50,000
51,000
149,612
156,632
105,859
185,046
11,148
17,687
?,1J8
20,310
4,000
...
1,000
bales. 1,182,260
1,083,319
875,047
811,856
325,000
381,000
406,000
5 '.6.000
36.0C0
40.000
96,250
112,750
89,000
109,250
201,000
212,750
294,000
421,000
518.000
508,000
....
15,000
22,000
29,000
49,000
....
759,000
973,550
1,2->0,*250
1,398,500
...1.183,2*0
1,063,319
8:5,047
841,856
Total visible supply.... bales. 1,941,260
Price Mid. Uplands. Liverpool ...
(id.
2,056,569
8,125,267
2,240,356
6 8-16d.
TXd.
Liverpool stock
Continental stocks
/American afloat to Europe
Ucited States stock
....
United States interior stocks
United States exports to-day
Total American
Bcut Indian, Brazil.
Liverpool stock
London stock
Continental stocks
Ac-
India afloat for Europe
Egypt, Brazil,
Ac, afloat.
Total East ladia.&c
Total American
1,000
ll-JC
2.700.
8.f00.
1.700..
i.;oo..
1,100
1,300
cts.
11-52
10.6011
100
soo
600
bales.
WO..
.
&:::::
cts.
200..
U-12
100.
100..
.1r27
...ii"ia
.. r.-29
...11-30
...11-81
...ll'S!
...11-83
...11-34
100
ba'eB.
bale*.
cts.
SO
free on board)
(all middling or on
the following is a statement of the
For September.
CM.
For August.
bales.
500..
Stock in U. 8. interior porta
United States exports to-day
Sales.
618
521
60*
1,0-1
835
Aug. 10
FUTURES.
Total.
19
1,140
812
unchanged
Frl
9
100
bales.
iOO
200
400
SOO
SOO
400
I0»
200
loo
500
100
200
cts
bates.
ct«.
U-S8
Total continental porta
9 11-16 9 11-16 9 11-16
10 S-16 10 5-16 10 5-16
«M
"lrm.unchani'ed.
Eaty, unchanged
Quiet,
Wed Th.
11
Spec- Tran-
sump- ulate
Weak, lower
.
. .
Tuesday
ISX
SALES.
Con-
Ex-
Closed.
Monday
5-16
1-16
13X
SALES OF SPOT AND TRANSIT.
Spot Market
Saturday
1
9 11-16
10 1'-I6 10 9-'6
MARKET AND
U
m
i.ug. 6
11
3-16
10
11
'SX
»x
10X
.
Middling
Middling....*
11
TllCl
9*
10 S-16
UX
nx
UX
7-16
7-16 11 7-16 lH-16
nx
IX
UX
nx
UX
1'X
UX
V*
l2X
12X
12X
V*
UK
12X
12X
12*
Mon
4
3-16
10
10 9-6 10 9-16
10 1S-15 10 13-16 10 18-16
11 1-16
11 1-16
1-16
10 9-16
l
*12*
12
.
.
i-i6 10 1-16 10 S-16
7-16 l" i-.6 10 9-16
11-16 10 11-16 10 13-16
15-16
15-16 11 1-16
For December,
bales.
200
[Vol.
11* IS
U-09
11-10
11-11
11-12
ll-'.S
11-14
11-16
11-11
:i-<s
.?'•>
J.'OO
10 98
10-91
li-co
ISO)
1-0'.
1.20"
uca
l'»
11-01
11-03
11-06
M>
"O
l.ft«
601
soo....
100...
1107
i-.-Og
.
15,400 total
:
.
r-r
,.i-,!
Nov.
These figures indicate a decrease in the cotton in sight to-night
of 115,300 bales as compared with the same date of 1876, a
decrecue of 184,037 bales as compared with the corresponding
date of 1875, and a deereate of 299.006 bales as compared
with 1874.
|5F" Through a clerical error, the visible supply comparison
given in our last issue was made with the wrong years. Had i*
been correctly made, last week's statement would have shown a
decrease in the cotton in sight
the
same date of
o'f
129,412 bales, as compared with
1876, a decrease of 202,710 bales as
compared
with the corresponding date of 1875, and a decrease of 303,669
bales as compared with 1874.
At the Interior Ports
the
movement
—that
is
the reseipts
and shipments for the week and stock to-night, and for the
corresponding week of 1876 is set out in detail in the following
—
statement:
w^mwfwm
wmm
1
Week
onilinc
Aug.
I*"
10.
Receipts. Shipments. Stock.
Augusta,
11
Ga
Columbus, Ga
Macon, O*
Montgomery. Ala
395
874
US
M
6«7
l.-Ml
Weekending Aug 11, lHTti.
Shlpmenu Stock.
Kecelpta.
mu
537
31
156
1,103
1,095
1,053
14
10
u
..
.'ilil
1.0M
6,570
Naehvlllo, Tenn...
Ill
154
1,1104
8
16
85
616
88
Total, old port*
690
8,015
~U,U8
'.II
6,733
17,687
153
13
10
1'8
178
56
41
54
344
876
8
188
3,555
64
197
8,682
9,515
.
Belnia. Ala («/)
Memphis, 1'onn.
.
Dallas, Texas
Jefferson, Tex.
Shreveport. La..
103
1
800
79
.
..
77
Vlcksburg.Mise...
HO
Columbus, Miss
517
716
871
166
1,809
380
6811
5.138
11,699
74J
117
185
.
Kufaula, Ala
Ga
Qrlffln,
1
1
17
1
129
3
350
1,281
323
17
84J
1
ill
151
451
105
483
313
LABO
538
5,s05
143
53
486
64
6 18
1,278
s;r
1,715
10,426
1.4C8
2,536
T.495
1.567
8.760
21,574
2,349
9,359
35,188
Ga
Rome, Ga
Charlotte, N.C
Atlanta,
St. Lonts,
Mo
O
Cincinnati,
Total,
new
porta
Total, all....
"88
The above totals show that the old interior stocks have
decreased during the week 1,355 bales, and are to-night 0,539
bales less than at the same period last year. The receipts at the
•ante towns have been 251 bales less than the same week Inst year.
—
The weather and condibte Telegraph.
development of the crop appear to have been favorable almost everywhere during the past week, except In the coastbelt of counties in Texas. In those counties they have had more
rain, and the caterpillar appears to be doing his work so very
thoroughly that our correspondent reports the crop in that
Weather Reports
Ihe rainfall has been
The first bale of the new crop was
hundredths of an inch.
received today and sold at 15 1 cents.
8elma, Alabama. Telegram not received.
Madison, Florida. Telegram not received.
Mown, Georgia. Telegram not received.
Atlanta, Georgia. It has rained steadily one day this week,
the rainfall reaching fifty-six hundredths of an Inch. The thermometer has averaged 88, the highest being 93 and the lowest 79.
Columbus. Georgia. It has been showery two days this week,
the rainfall reaching one inch and seventy hundredths. The
thermometer has averaged 83.
Savannah, Georgia. We have had rain on two days this week,
but the rest of the week has been pleasant. The thermometer
has averaged 85, the highest being 98 and the lowest 72. The
rainfall is ninety-three hundredths of an Inch.
Augusta, Georgia. The weather during the week has been
We had
favorable and crop accounts in this section nre good.
heavy and general rains the first five days of the week, the rainfall aggregating three and thirty hundredths inches, but the last
two days have been clear and pleasant. Average thermometer
81, highest 93 and lowest 71.
It has been showery four days of
Clutrleston, South Carolina.
the week, with a rainfall of one and eighty-nine hundredths
inches. The thermometer has ranged from 74io93, averaging
the highest being 98, and the lowest 75
six
—
—
—
—
—
—
—
—
83.
The following statement we have also received by telegraph,
showing the height of the rivers at the noints named at 3 o'clock
Aug. 9. We give last year's figures (Aug. 10, 1876) for comparison:
tion for the
New cotton is reported at other points
section almost a failure.
to-night.
There has been rain here on three days this
Galveston, Texas.
week, the rainfall reaching seventy-eight hundredths of an inch.
—
86, the extremes being 70 and
Caterpillars are reported in all the region south of the
95.
thirtieth degree.
Much damage is being done and planters are
despondent. Some crops have been poisoned effectually and will
do well, while all others are nearly stripped. The coast crop is a
The thermometer has averaged
northward the crop is very promising. A few bales
Crop are arriving and picking has become general in
the low country.
Indianola, Texas. It has rained here on two days of the week,
the rainfall reaching forty-six hundredths of an inch. The thermometer has ranged from 78 to 98, averaging 88. Caterpillars
have stripped the foliage, and all but the bottom crop will be
lost.
The yield will consequently be small.
Corsicana, Texas. The weather here has been dry and very hot,
and a shower would prove of benefit, although rain is not needed
badly. The crop is in a gool condition, and if promises hold
good and we meet with no disaster, the plant will mature more
than can be picked. There are no signs of caterpillars here.
Average thermometer 80, highest 102 and lowest 68.
There has been no rainfall this week, and some
Dallas, Texas.
the crop in most
sections are needing rain, though not badly
The plant is still somesections is doing as well as possible.
what backward but very promising. Average thermometer 91,
highest 97 and lowest 71.
It has rained here on two days, the
Jiete Orleans, Louisiana.
rainfall reaching one inch and thirty-seven hundredths. The
failure, but
of the
new
—
—
—
;
—
thermometer has averaged
83.
—There
has been no rain here during
the week and the weather has been rather favorable to the
Shreveport, Louisiana.
development of the crop. Caterpillars are reported generally,
however, but in limited numbers. Some cotton is open but there
is no picking as yet.
Average thermometer 84, highest 96 and
lowest 72.
—We
have had rain this week on
Vicksburg, Mississippi.
three days, the rainfall reaching sixty-nine hundredths of an
inch.
The thermometer has averaged 83, the highest being 97
and the lowest 73.
Columbus, Mississippi. Telegram not received.
Telegram not received.
Little Rock, Arkansas.
During the week just closed the days
Nashville, Tennessee.
have been warm, but the nights have been cold, and we have had
rain on one day, the rainfall reaching thirty-two hundredths of
an inch. The thermometer has averaged 77, the highest being
87 and the lowest 07. The crop is developing promisingly.
have had rain this week on three
Memphis, Tennessee.
days, to a depth of four inches and forty-five hundredths, and
much damage has been done by the overflowing of creek bottoms.
Cultivation is over. About forty per cent of the crop is
badlv in grass. Average thermometer 78, highest 91 and low-
—
—
—
— We
est 68.
Mooile,
—
Alabama. It has rained severely on two days and has
been showery two days during the week, but the rest of the
week has been pleasant.
The cotton plant looks strong and
healthy, is well fruited and developing promisingly. Caterpillars have certainly appeared, though but limited injury has been
done yet. The first bale of the new crop is expect* d today.
The first bale last year was received on the 13th of August.
Average thermometer during the week 82, highest 97 and
lowest 73.
The rainfall lias been two inches and eighty six
hundredths.
Montgomery, Alabama. The weather here has, excepting a
couple of sprinkles, been warm and dry all the week, and
accounts continue favorable. The thermometer has averaged 85,
—
r- Ang.
». '77.-.
Feet.
New Orleans.. Below high-water mark
8
ich.
.--Aug. 19, '78.—.
Inch.
Feet.
6
10
1
1
4
14
11
Above low-water mark
3
7
6
3
Above low-water mark
34
4
1
8
.. .Above low-water mark
37
21
tl
1
Vicksburg... .Above low-water mark
New Orleans reported below hign-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.
Memphis
Nashville
Shreveport.
—
New Cotton. The first bale of new cotton received at Mobile
from the growing crop of this year has been shipped by Mr. S.
G. George, of that city, and will be consigned to Messrs. Macaulay
&
Co., of this city.
—
Cotton Exchange Reports for August. The following
are the Cotton Exchange reports for August, issued this week:
Norfolk Department.
The Norfolk Cotton Exchange (H. S. Reynolds, Chairman Asa Bigea, and C.
W. Grandy. Committee on Information and Statistics) Issues the following
;
and the following Counties in North.
Carolina: Rutherford. Lincoln, Catawba, Rowan, Davidson, Iredell, Burke,
Wilkes. Caldwell, Alexander, Davie, Forsythe, Yadkin, Stokes, Surrey,
Rockingham, Caswell, Person, Granville, Warren, Fianklin, Nash, Wake,
Hyde, Pitt, Green, Cartaret, Craven, Beaufort, Tyrrel. Washington, Martin,
Bertie, Chowan, Pasquotank, Camden, Currituck, Gates, Hertford, Northampton and Halifax.
North Carolina and Virginia.— 37 replies from 25 counties.
Seventeen replies report the weather favorable, twenty unfavorable on
acconnt of excessive ra n and cool nights eleven report the weather favorab.e, seven about the same and eighteen less favorable thin last year, owing
to too much rain; twelve report stands about the same as last year and
twenty-five less favorable, owing to the cold, backward spring twenty-two
four report
replies report blooming and fi ling well, fifteen not filling well
the condition of the crop as about the same as last yeir, thirty-two report the
condition ten days to two we ks later th;n last year, the plant being full of
The plant is reported larger lhan la t year at this
sap and growing rapidly.
time, owing to the very hot weather and he ivy rains of the last two we jks. A
few letters report shedding of bulls and rust.
report, covering the State of Virginia
!
;
;
;
Charleston Department
Carolina, and is prepared and Issued by the
Exchange, through their Committee on Information and
Statistics, composed »f Jas. S. Murdoch, Chapman, Robert D. Mure, J. W.
Lewis, L. J. Walker, J. Adger Smyth.
covers the State of South
Cliarleston Cotton
South Carolina.
The weather since July 1, In many sections of the State, has been very dry,
followed by heavy rains or tha reverse, bnt upon the whole has been seasonable and more favorable than !art year. The stand of co. ton was Injured in
late planting by the drought in May and somewhat broken In cleaning out the
grass caused by the wet weather in June, but it is generally good, and compares well with last year. The plant is forming and boiling well. The
present condition of the plant Is small but healthy, about ten to nfteen days
later than last year. Many fields are still grassy, and where the weather ha«
been forcing the p'ant has made too much weed. Shedding is reported In
four counties, lice In three counties, and the army worm in one county. The
caterpilar has appeared generally on the sea island, but so far in small
numbers.
Savannah Department.
report covers Northern, Middle, and Southwestern Georgta (being all of
Georgia, except the 28 counties in charge of the Augusta Cotton Exchange)
and the entire Slate of Florida. The report is prepared and issued by the
Savannah Cotton Exchange, through their Committee on Information and Statistics, composed of J. Il7 Johnston, B. A. Hart, Clavlus Phillips, J. J. Wilder
and L. G. Young.
TbU
Georgia.— There were 101
replies
from 57 counties
Since last month's report the weather has been generally favorable for the
growing crop; hot, with frequent thuugh partial rains. Stands are reported
good, and, except in a few sections, fully equal to those of list year. IBs
plant Is forming, blooming and boiling well. The general c .noiilon of the
crop is good, clean and well cultivated, though estimat.d ten to fifteen days
latrrthan last year In Southwestern Ge"rgia. There is snmo compliant or
caterpillars, but no damage is yet reported. The prospect Is now good f jr a
fair average yield.
Florida.— 33 replies from 14 counties:
The weaiher has be-n generally favorable since last month's report. Stands
are good, and compare well with those of last year. The plant is formng.
blooming and boiling well. The condition is reported quite as good as last
year's; clean ana well cultivated, though about two weeks later; and wilU
favorable seasons a good yield Is expected. Caterpillars are noticed In some
.ocations, but
up
to tola time
no Injury has been sustained.
Memphis Department
Mobile Department
cOTers the State of Alabama as far north »s the summit of the Sand
Mountains, and the following counties in Mississippi: Wayne, Clarke, Jasper,
Lauderdale Newton, Kemper, Nesholso, Noxubee, Winston, Lowndes,
Prentiss,
Oktibiba, Colfax, Monroe. Chicasaw, Itawamba, Lee, Pontotoc,
Alcorn and Tishamingo. The report is prepared and issued by the Mobile
Statis.
and
Information
on
Committee
their
through
Exchange,
Cotton
Willmarth, J
tics, composed of T. K. Irwin, chairman, Julius Buttner, A. M.
Hans.
C. Bash and S.
Alabama.— 43
counties forward 109 letters of average date of
covers the State of Tennessee, west of the Tennessee River, and the following counties in Mississippi: Coahoma, Panola, Lafayette, Marshall,
De Soto, Tunica, Benton and Tippah, and the State of Arkansas north of the
Arkansas River. The report is prepared and issued by the Memphis Cotton
Exchange, through their Committee on Information and Statistics, composed
of Sam. M. Gates, Chairman ; J. T. Fargason, Beoj. Babb, Chas. G. Fisher,
J. M. Fowlkes, David P. Hadden, A. G. Harris.
The cotton crop report of the Memphis Exchange for July consists of 168responses of tae average date of July 81, of which 87 report the weather for
July very wet and cool, 16 dry 77 very favorable, as compared with July,
1876 ; 102 report less favorable, 66 more favorable ; Stand", as compared
with last year, 125 report fair to good and 43 poor, 28 better, 38 about the
_
lame, and 72 sot so good.
,
92
51 moderately well
» Fruiting— J2 report forming and blooming well
very well, and 3 never better.
days
later
averages
six
in
July—
Crop
Condition of the crop at the close of
forwardness than last year; 71 report crops seriously checked by grass and
of
grass
and
cultivated
and
free
well
weeds 71 not as good as last season 97
weeds; 57 very good condition, 19 better than last season, and 51 about the
same. Wet weather has caused Borne rust and shedding of forms, hut not to
an uonsual degree.
In some few instances a small portion ha9 been abandoned on account of
excessive growth of grass and weeds. There is consideraole complaint of
damage by working while too wet, causing the plant to prow too fast at the
expense of the frnit. But one mention is made of the caterpillar and ball;
JulJ a0
-i^
V is reported as having
been extremely dry and hot. Since then it has been showery and wet, too
much so in some sections, but generally seasonable. As compared with last
year it has been less favorable in fifteen, more favorable in seventeen, equally
as favorable in eleven. Those reporting it more -favorable are generally
glands are generally reported small,
counties lhat produce the most cotton,
but good compared with those of last year, nine counties report better
The plant is forming,
so good.
fifteen
not
stands, nineteen equally as good,
blooming and boiling unusually well in all counties except Dale and Russell.
a large yield if the
and
promises
fair,
crop
is
The present conditions cf the
weather continues favorable. The crop is from ten days to two weeks later
in
size,
but well fruited, aa
smaller
somewhat
plant
is
than last year. The
compared with last year. The caterpillar is reponed in small numbers in
Some counties
has
yet
been
done.
damage
no
counties,
bnt
most of the prairie
complain of rust and shedding, caused bv the recent heavy rains, which have
bottom
lands, while
larger
yield
on
is
for
a
general
prospect
The
now ceased.
uplands promise less than last year.
57 letters received from 20 counties report th e
:
The weather for two weeks
of the period above
named
;
—
Mississippi.
The corn crop is very good. Wheat has been saved without much damage.
Hogs are reported In good condition, though the cholera exists in some districts.
The labor morale is very good.
:
Britain, tlneut.
1,000
6,000
6,000
1877
18TO
1875
....
....
5,000
$W Our figures of
by
Britain,
370,000
521,000
784,000
Total.
1.C00
6,000
11,000
Since
Jan. l.
088.000
984.0C0
1,000 1,2>9,OCO
shipments have been corrected to-day
total
to the growing crop
Our cable dispatch says that the rainfall has been
abundant and very satisfactory, and that the crop accounts-
have further advices with regard
continue highly favorable.
—
last year.
Many of our correspondents mention the appearance of worms, but so far
report no damage. The plant, although a little late, is clean and well-worked,
and the prospects for a good yield are very promising.
from July 28
:
The weather
since July 1 has been favorable, and in many counties more so
than lant year, with the exception of Yazoo and Yallobusha counties, whence
complaints of too much rain are made. Stands are good except in Yallobusha
county. The plant is forming, blooming and boiling well ; the condition o:
the ciop is good, and fully as good as last year, although the plant is small
and backward in many sections. Worms have appeared in Adams, Grenada,
Issaquena and Simpson counties, but have done no damage so far.
—
Arkansas. 44 replies received from 25 counties, dated from
July 28 to August
The weather in the fore part of July dry and cool, since which there has
been too much rainy weather, and, in comparison with laBt year, has been
equally as favorable. The plant is blooming, forming and boiling well. The
.'I
present condition of the crop is as favorable as last year, with the exception
of Its being ten days late. Some complaints of shedding, rust, and grass
worms are reported in one county, bnt there ib no danger yet.
Galveston Department
covers the State of Texas, and was prepared and issued by the Galveston Cotton
Exchange, through their Committee on Information and Statistics, composed
of. John Focke, Chairman, G. A. Hill, H. I. Anderson. G. W. Embrev
* and H.
Dreicr.
received from 77 counties:
The weather was favorable in forty
much rain in sixteen. The weather,
counties, very dryin twenty-one and too
as compared with last year -,vas more
favorable in thirty-five counties, less favorable in twenty-three and the
same
in nineteen. Stands are reported good in sixty-three and poor in fourteen
connties, as compared with last year. Thirty-seven report stands
the sane
seventeen not so good, twenty-three much better. The plant is forming
blooming and boiling well in sixty-six counties; but not forming well in
eleven. ^1'he present condition of the crop is good in sixtj -three counties
very poor iu eleven, andln three coast counties the crop is reported not worth
picking. As compared v ith last jear forty counties report the same
condition, eighteen counties three wee- s later, sixteen counties two
weeks later
and three counlics crops destroyed. Worms have appeared in forty-seven
touuties, done slight damage in thirty-five, damage of !0 per cent in
nine
and entirely destroyed the crop in three. Thirteen counties in the northern
portion of the State report damage from drought.
i
Gunny Bags, Bagging, &c Bagging has not moved to any
extent during the past week, and the market is ruling rather
quiet.
There is, however, an increase in the inquiries from the
South and dealers are filling orders at 12f@12Jc. for standard
Sales for the
rolls, 12f@12,c., for 24 lbs. and 121c for 2 lbs.
week foot up about 2,000 rolls. India gunny cloth is jobbing
slowly and holders ask 9}@10c. Butts are quiet as yet and there
is no change to note in prices, which are firmly held at 3^@3|c.
Orders are coming to hand very slowly and there is only a
jobbing demand at quoted figures.
P. M.
By Cable from Liversales of the day were 8,000 bales, of which
1,000 bales were for export and speculation.
The weekly
movement is given as follows :
Aug. 3.
July 20.
July 87.
Aug. 10.
Liverpool, August 10—12:30
pool.
— Estimated
Sales of the
week
•
•
i
3,000
3,000
Si53.000
618,000
38,000
20,000
3,000
210,000
56,000
I.
Mid. Orl'ns
with
400
91S,000
593.000
16,000
4,000
4,000
132,000
58.000
™
'-
I
..®6«
..©6*
..®6H
.
.©6 3-16
Futures.
These
sales are
on the basis of Uplands,
Low
Middling clause, unless other-
wise stated.
Saturday.
Monday.
Tuesday.
Aug.-Sept. delivery, 6d.
I
iept.-Oct. delivery, 8 l-3!d.
Nov.-Dec. shipm't, new crop, sail, 6d.
1
,"
nniM.t«
11<j »J 8
H°
-
Sept- Oct. delivery.
6d.
'
Nov
|
-Dec. delivery, 6 l-38d.
Oct. -Nov. delivery, 6 l-32@l-16®l-32d.
Wednesday.
Aug.-Sept. delivery, 5 81-32i.
I
Sept.-Oct. delivery, 6d.
Oct-Nov. delivery, 6d.
Oct.-Nov. shipm't, new crop, sail, 6d.
Nov.-Dec. shipm't, new crop, sail, 6d.
Thursday.
81-3Sd.
ept.-Oct. delivery. 6@5 Sl-32d.
Oct.-Nov. delivery. 6d.
Nov -Dec. shipment, new crop,sail,6d.
Dee-Jan. shipment, new crop, Bail,
8 I-i2d.
tj
Dec-Jan. shipment, new crop,
sail,
6d.
Aug.-Sept. delivery,5 15-lfid.
Oct.-Nov. delivery, 5 31-32d.
Nov.-Dec
delivery, 5 81-32d.
Friday.
Ang. delivery, 6d.
answers from 11 counties:
82,000
3.000
22,000
4,000
Actualexport
Amotint afloat
of which American
The Allowing table will show the daily closing prices of cotton for the week:
Spot.
8atur.
Wednes.
Mon.
Toes.
Thurs.
Fn.
Mid. Upl'ds
1-16 •®
1-16 •® 6 ] "
..@66 U16
..m6 U16
„„„,,„„„
i) -®
Holidavs
la,y8
m
Nineteen report favorable weal her, 11 unfavorable ; 16 more favorable th«t>
last year, 8 less favorable; 18 report stiuds good, better
thun last vearB
about the same: 6 bad. worse than last year; 30 report forming,
blooming
and boiling well ; 18 report present conditfon good, better than last
vear-B
poor, worse th»n last year ; 6 ahout the same. Kemaik..-In some
sections
the gra-s is weeding too rapidly ; in othew ths stalk la email
and filled
3i.000
3.000
21,000
4,000
1.0OO
637,000
613,000
32,000
21.000
4,000
191,000
31,000
51,000
4,000
21,000
8,000
3.000
915,000
614,000
81,000
26,000
4,000
20.\000
40,000
37,000.
Total stock
of which American
Total import of the week
of which American
Aug. delivery, 5
received:
Flftsen report faverable weather, 14 unfavorable: 18 more
favorable
than last year, 8 less favorable, 5 about the same ; 15 report the standi mmi.—
better than last year ; Spoor-worse tnan last year; nine about
the same
28 report the plant forming, blooming and boiling well, 3 poorly SI report he
condition good, better thin last year; 8 condition poor, worse than last vcar
Reports say a seasonable fall win
.ke a good crop.
58,000
5.000
bales.
Forwarded
Sales American
of which exporterstook
of which speculators took
Nashville Department
covers Middle Tennessee east of the Tennessee River, and the
following
Oountla of Alabama .-Lauderdale, Franklin, Colbert, Lawrence Morran
Limestone, Madison, Marshall, Jackson, DeKalb and Cherokee The renort is
prepared and issued by the Nashville Cotton Exchange, through their Commit'
tee on Statistics and Information.
— 30
Receipts.—
This
w<-ek.
2.000
2.000
cable.
We
:
North Alabama.
—
.
to-day.
portion rainy, and up to this period decidedly more favorable than last year.
Stands are universally good, and compared with last year, are much belter.
The plant is forming, blooming and boiling well, and its present condition is
as satisfactory as could be desired, and much better than it was at this time
Middle Tennessee.—29 answers
Total.
ttnent.
399.000
769,000
345,000
£66.000
404,000 1,138.600
From the foregoing it would appear that, compared with last
year, there is a decrease of 5,000 bales this year in the week's
shipments from Bombay to Europe, and that the total movement
since January 1 shows a decrease in shipments of 93,000 bales,
compared witn the corresponding period of 1876.
:
counties, dated
.-Shipments since Jan. 1-,
Great
Con-
.-Shipments this week-ConGreat
Louisiana.— Fifty-eight answers from 28 parishes, under dates
ranging from July 28 to August 3
The weather during the early part of July has been dry toward the latter
Texas.— Replies have been
worm, neither indicating much damage.
;
Orleans Department
—83 reports from 33
.»"*«
to-day, there
covers that part of the State of Mississippi not apportioned to the Memphis
and Mobile CDtton Exchauges; the entire State of Louisiana and the Stat*
of Arkansas, south of the Arkansas River. The report is prepared and
issued by the New Orleans Cotton Exchange, through their Committee on
Information and Statistics, composed of Harrison Watts, Chairman, L. F.
Berje, S. F. Golean, William A. Gwyn, Edward Morphy, R. C. Cammack,
and L. Ls combe.
Mississippi.
August 4
;
;
despatch received
have been 1,000 bales shipped from Bombay to Great
bales to the Continent while
Britain the past week, and
the receipts at Bombay during this week have been 2,000 bales.
The movement since the 1st of January is as follows. These are
the figures of W. Nicol & Co., of Bombay, and are brought
down to Thursday, Aug. 9
much rain reported in
; too
three counties— Alcorn, Chickasaw and Lauderdale— and, as compared with
last year, nine counties report less favorable weather, seven about the same,
and four more favorable. The stands are reported good in sixteen counties
and not very good in four counties, and, as compared with last year, are generally not so good. The plant is forming and boiling very well in all counties
with one exception. The present condition of the crop is reported fair as
compared with Isst year ; sixteen report it about the same to better and four
not so good as last year. The unfavorable circumstances are that the crop is
two weeks late, tbe plant is small and too much rain in the prairie lands,
generally making the crop very grassy. Sandy lands are generally doing
better than l»st year. There are no worms, and only two counties report the
appearance of the worm fly.
The first bale of new cotton is expected to arrive here to-morrow. It was
shipped from Eufaula, Ala., by John W. Tullis & Co., and consigned to Sims,
Billups & Co., of Mobile.
to
;
Bombay Shipments.— According to our cable
weather during July as follows:
The weather has been generally seasonable
New
;
Aug.-Sept. delivery, 6 31-32d.
SepU-Oct. delivery, 5 81-32&6d.
Oct.-Nov. delivery, 6d.
Nov.-Dec. delivery, 6d.
Nov.-Dec. shipm't, new crop,
sail,
6d.
Dec-Jan. shipment, new crop,
6d.
sail,
Oct.-Nov. delivery, 6 l-33d.
Nov.-Dec. delivery, 6 l-1Jd.
Sept-Oct, delivery, 6 l-3Sd.
Nov.-Dec. shipment, new crop,
sail,
6 l-32d.
Ang.-Sept. delivery, 6d.
Oct--Nov. shipm't, new
sail,
6 l-32d.
crop,
THE CHKuNICLR
BT 11, 1877.]
New
York, this week, show a
Exports of Cotton from
leereaae, as compared with last week, the total reaching 1,730
Below we give our usual
bales, against 8,071 bales last week.
The
l.i VKUfooi,, July 25.— The following are the prices of American cotton compared with those of last year:
^Hame
,-Ord.A Mld-,r-Fr.AO.Fr.-,-O.AFlne-,
table showing the exports of cotton from New York, and their
direction, for each of the last four weeks; also the total exports
and direction since Sept. 1, 1870; and in the last column the total
for the same period of the previous year:
Cxporta of Cotton(balea) from
New York
win
ulnce.Hem.
stroma
lirOHTSD TO
Jnly
Jnly
18.
25.
1,
August August
143
nx
ux
Sea Island. .16
Florida do.. 18
Ord.
Cpland
o.o.
1%
20
2)
16*
17X
I...M
Mid.
18*
O.M.
19
6 1-16
« l-!8
B 8-16
8 3-18
6 3-16
6 8-16
6 5-16
6 5-16
3,3o.;
3,179
825
5,631
date.
year.
period
392.S30
9,033
9,721
Total French
—
1Q-7G
1876.
IfllK
1875.
bales.
bales.
bales.
119,270
Brazilian
19,990
Egyptian. Ac. 25,35*
109,820
1,090
14,560
139,340
6.830
11,380
1,760
60,590
58.37.6
218,310
W.
470
India, Ac.
E. India, Ac. 29.480
10,1-26
905
28,033
67,271
Spain OportoA Gibraltar Ac
Ail others
2,890
12
750
409
Total Spain, Ac
3,610
421
43(1,619
470.243
1,730
Thursday
194,560
SALES, ETC.,
fix-
Trade.
,
PHILADELP'lA
This
week.
This Since
week. Septl.
Since
II
Sept.
1.
This Since
week. Septl.
1.C10
1,640
9,660
3,820
220
SCO
330
c,n
bJU
130
6,720
1,910
49,250
3,300
Egyptian
Smyrna A Greek
West Indian....!
I
Orleans..
1,916
788
469
158,649
90,061
186,034
'314
101.4-28
52
357
8
31
79.211
243.353
429
»6$
Mobile
8'th Carolina
N'th Carolina.
Virginia
North'rn Ports
Tennessee, Ac
Foreign
t£m
15,353
9,546
27,077
8,470
BALTIMORE.
Total
This ISince
week. Sept.l
121,201
6,424
"86
"29
1876.
1817.
1876.
81,070 l,07e,?40 1,00-\260 37,670
9,9 il
196,120
91.480
4,310
156,090
128.240 5,180
87,9,"0
UN
800
(
880
20,-'40
American
bales. 25,500
7,947
331
55,280 1.712,130 1,591,220 55,450
54,M0
To same
date
date
1876.
1877.
1,512,387
270,544
160,218
1,448,863
1,541
3,793
23,611
211,345
39,117
2,213,937
2,137,655
931
Westlndian
Eastlndlan
246 69,319
49
44J9U5
5,731
Total this year
8,928
930,721
2,922 315,416
239
63,980
341 128,310
6,157
988,808
1,905 294,818
388
5J.254
2-9 111,817
Total..
941,500
951,220
BRE ADSTUFFS.
Fbidat, P. M.. Aug.
t^a^^—pT^ ^Tl"
tt
<
°?
fr0n
^ W^
Vn
the
teA
,
\
?
States the past week, as per latest, mail
reached
13,729 bales.
So far as the Southern ports are concerned these
Th^ChkZc^C
include the manifests of
night of this week.
_ ,,
„
Nbw TonK— To
Liverpool,
returns, \.
have
all vessels
cleared
up
to
Wednesday
Total bale».
.
per steamers Italy, 325 ...Bothnia, 500.
825
.
i,
RtqUS
Mobile -To Liverpool, per ship Oweeo, 8.081....!!......'.'.'. !!!!!!."'
SAVANNAn -To Bircelona, per brig Nueva Guber, 110 Upland!!..".."]
To Palma de Majorca, per brig Annibal, 10 Upland
Tans— To Liverpool, per bark Ed. McDowell, 1,637 ..
per steamer Scandinavian, 332 and 4"bags
steamer Palestine, 9
nour the past week, which had the
to the
decline in values.
A
line of
towards the close of
effect
good extra State sold
Great Britain, and City Mills for the
West
10, 1877.
whole market for
at
Indies at $7
*»
*»
$6 20 for
75@$7
80,
but other grades were not so well sustained as these, and at best
905
much
6,846
3*021
'140
10
1,637
336
irregularity prevailed.
liberal for
Suppl es
;
are, at
all points, quite
the season, and an undue proportion of tbem are
flours that cannot be realily sold
in
was more doing for export, and 4,000
full
bbls.
lines.
To-day, there
common extras
sold at
9
18.729
particulars of these shipments, arranged in our usual form,
are as follows
„
NewYirk
Bar- Palma de
Reval. celona. Majorca.
905
Liverpool. Havre.
825
....
646
,
iNcwOrleans
Mobile
3,021
Savannah
Tex.<
......1,887
Baltimore
330
jin
Boston
!."
10
._
."I
T °t°l
5,828
Total.
1,730
6.846
3,021
ISO
1,637
386
9
a
Below we give
6.646
905
140
10
1S.729
news received to date of disasters, 4c. to
vessels carrying cotton from United States ports
:
Scream™, ship, from New Orleans for navre, before reported as havin<*
been
on tire at the former port, and fire extinguished, sailed-for
destination
August 1st.
TV*. Hi sTta, .chooner (Nor.), Nielsen, from
Galveston, which wa
to have
havefoundered
foundered after collision
collision' with lhe British
Bilt'.sh bri»
brig Ik-nendence
mghtof Jnly 25th, arrived at Bremen
men July 30
38.
No damaj
dauttge reported"
all
Cotton freights the past
T~
J£ eTf0SSail.
Steam.
l
\,
t
Satu»day.. .V449-32
Mouday.... \@'.)-.32
Tuesday. .. M&9-32
Wednday. *©S-3*
Thursday.. 3<@!i-32
Friday
MM9-32
Market
j
There *<* been a downward tendency
$5 75@$6.
Total.
The
"
J
a P artiBl Ch6Ck
ToReval per steamer South Tynu (additional 905
New Orleans— To Havre, per ehp Screamer, 4,652.... per bark An~e-
Baltio k— To Liverpool,
Boston— To Liverpool, per
,-„
6(W
7,260
204,722
183,303
333
25,408
274,971
Egyptian
Smyrna and Greek
l»|40i
13,842
Total last year.
0t
3,170
5,200
„„,
6M
1
28,840 f
345.540 5,620
260,010
9,120
To this
Brazilian
"so Sl!4;6
1,303 103,315
172 99,675
2,730
Average
period weekly sales.
this
year.
-Imports.
23,968
148
12,31!
460
Same
Total
,
Total.
760
This
week.
2!780
16,205
*2:6
523,590
1
i
New
184,099
Speculation.
American.. bales 28.480
bscx'ts i-bom
1
168,635
K,120
ALL DESCRIPTIONS.
port
East Indian
!
OT>
—Sales this week.
The following are the receipts of cotton at New York, Boston
liiladelohiaand Baltimore for the past week, and since Sept. 1,'76.
BOSTON.
373,180
109,560
10.9U0
9,830
sales and imports of
the stocks on hand on
evening last, compared with the corresponding period
Brazilian
HEW YORK.
149.630
1875.
bales.
8,433
11.635
3.688
91,42)
of last year
923
3,050
Total
mw
1876.
bales.
56.819
5,347
4,486
4,616
112,601
The following statement shows the
cotton tor the week and year, and also
3,050
8.671
450
23,740
1flf»?
187'
9,721
Total to N. Europe.
3,179
this date-,
1BT7
1877.
bales.
9,033
Other ports
Hambarg
3,306
#— Actual cip. from
Actnal
Liv., Hull A other exp'tfrom
outporte to date—,
U.K. In
15,029
2,878
22.815
8,501
35,932
'X
:
Other French ports
Grand Total
9K
•
38i,3i3
6,931
379,933
Bremen and Hanover
t%
Same
prev'tt*
Havre
M.F.
Since the commencement ol the year the transactions on
speculation and for export have been
American
Total to Ot. Britain
O.M.
B 15-16 6 6-16
5 15-16 6 5-16
6
9 7-16
6 1-18 6%
18TB
Total
to
314,501
35,434
325
5,631
3,306
UX
11*
20
Mid.F. Mid.
6)4
7
8 9-18 7
6 11-16 7K
6 13-16 7X
r.
Other British Ports
17
Mobile. ...5'.
Texas..... 5';
N. Orleans. $%
.-Taken on spec, to
Liverpool
8 5-16
6 5-16
6 7-18
date 1876.-,
Fair. Good.
18
21
18
Hid.
27
quiet.
week have been
•
'—Havre.—.
It
comp.
as follows
Bremen.-^ ^-Hambarg.-,
Steam. Sall.Steact.
fl -
,.
eomp.
X
X comp.
X comp.
X comp.
X comp.
—
X
ft
%
n
X
K
«•
comp.
comp.
comp.
comp.
comD.
comp.
c
Sail.
Steam.
c.
— 9-16 comp. —c.
— 9-ld comp. — v
— 9-16 comp. — \
— (M6 coinp.
—
— 9-16 comp. — vV
- 9-16 comp. — X
J,'
c.
comp.
comp.
comp
comp.
coup.
comp.
Sail.
c.
c
—
<jfc—
— ©—
—«L—A—
—<a—
-®—
EoBOPBANCoTro.x Markbts.-Iu reference to these markets
r c °" e9
P° nden t in London, writing under the date of July
, a
os
J
•so, 18(7,
states:
The wheat market was weak and declining on the spot and
The better grades of wheat on the spot gave
way fully ten cents a bushel, but for futures the decline was not
more than 2 or 3 cents. Several boats of old spring, No. 2 Milwaukee, were closed out at $1 50, and some called No. 3 at $1 20.
for future delivery.
Yesterday, however, there was a steadier feeling
prime to choice
red and amber were taken for export at $1 50@$1 55 extra
white sold for August delivery at $1 50, and No. 2 spring for
new
;
;
September at $1 25. Statistics show a very fair movement of
wheat at the Western markets, but much of the wheat received
at this port in the past fortnight or three weeks has come
through unaccustomed channels. To-day, the market was firmer
for both spots and futures.
Indian corn has been rather dull.
Scarcity and higher rates of
v
oeean freights have checked the export movement, and, under
liberal supplies by canal, prides have been slowly giving way,
until yesterday, when steamer mixed sold at 58jc. and sail mixed
at 50ic Considerable quantities of distilling corn have been
takea for Italy at 54@56c. Southern corn is scarce and nearly
nominal. To day the market was steadier at 5S|@59c. for steamer
mixed on the spot, 5Sz@59c for Aug. and Sept. and 60c. for Oct!
The weather has of late been very favorable to the growing crop.
Rye has ruled steady, bat there is much less doing. Canada
peas are lower and sold at 83c. in bond.
Oats have declined materially, and close unsettled. The new
crop is very large and of excellent quality.
1
THE CHRONICLE.
144
[Vol..
Wheat,
The following
are the closing quotations:
Floor
So. J
Superfine State
ern
&
.
6
6
extras
doXXandXXX
dowlnterX and XX..
patents..
City shipping extras.. ..
City trade and family
Wheat--No.8spring,bush81 SOS
4 00
Sxtra State, Ac
Western Spring Wheal
do Minnesota
853
I
6 30
Bed Winter
Amber do
White
6 85
50.H. 8
7 50ft 8 00
Rye
4
8
flonr, snperflne
Oornmeal- Western, 4c.
Corn meal— Br'wine. Ac.
. .
. .
lows:
RECEIPTS AT
1877.
,
Barley
I
week.
.
...
.
time
1876.
61.446 1,559,101 2,247,4S8
114.481
140,417
2,160
Wneat,bns. 211,370 3.118.944 IT, 149,034
13,453.610
"
16,373,409
.1,357,581
Corn
685,044
447,878
" . 33,345
Rye,
89,457 J.124,717 2.299,111
Barley. " .
Oats...." . 153,167 5,490,116 7,041,488
Flonr, bbls.
C. meal, " .
903
_
1
833
1
18T7.
For the
week.
,
1
as fo
week.
Since
Jan. 1.
1,116,795
25,011
105,600
2,S3S
435,7(3 17,196.644
396,294 9,761,567
625,667
38,984
8,000
354,654
27,548
672,107
16,745
1S7.64I
8.488
99,283 4,908,507
802,4"2 13,811,279
835,060
63.181
719,770
68,079
98,132
8,474
S3.372
34,272
9,488
5,197
'892?
106,508
12,358
14.100
89,897
13,211
67,604
9,926
111.143
87, (93
2,235,171
t,0f0.26S
9,646,216
1,531,339
268,826
320,228
9,139,891
9.556,141
6,685,595
1,812,094
1,580,756
2,957,420
343,243
360,416
564,415
195,745
179,754
262,413
l,Vb2,t..19
Aug.
1876
230,000
72,698
115.4/4
213.431
185,448
166.261
8,557,246
1,975,455
8.10O.971
5.
Barley,
Rye,
bush.
bash.
Oats,
bush.
THE DRY GOODS TRADE.
Fbidat, P. M„ Aug. 10, 1877.
The psst week has developed a more general demand for
autumn goods, and the volume of business was
on the whole. The print market was unsettled
1876.
For the
81nce
Jan. 1.
...
July 21.1877
10
H«W YORK.
EXTORTS THOK
New York canals
Total
Jnly 28,1377
10
3,514
31,547
18,577
6,600
81.911
645.506
153,646
IX do
do
Afloat in
in® 1 30
»>?»}?!!
market has been
90.0(10
Lake
3
@
.
Malt—State
,
55
1
513 60X
61
600
623 M
703
27*
343
PeaB-Canada.bond Afree
Same
8ince
Jan. 1.
For the
503
1453 155
Canadian
|
55
1
1403 151
1
State, 4-rowed
|
i
50$
8tate,>rowed.
j
HKW TORS.
.
...
Rye
Oats— Mixed
White
Barley—Canada West
In breadstuff a at this
The movement
,
3
8 35
6 75
5 10
3 30
1
Southern, yellow
I
003
C03
253
00®
503
1
Corn-West'n mixed, new
Te'-low Western
00
5 85® 8 00
0!)
6 503 9
6 503 7 40
7
6
spring
No.
In store at Philadelphia
In store al Peorio
In 81 ore at Indianapolis
In store at Kansas City
In store at Baltimore
Rail shipments, week
SO
1
1413 150
No.Sspring
S 25
brands
Southern bakers* and fa
mllyorands
Sonthern shipp'g extras.
,
Grain.
I
«bbl. J2 753
West4 75®
5 703
Corn,
hush.
bnth.
XXV.
fairly satisfactory
early in the
week
by the reduction of Oriental prints to 6ic, which proved the forerunner of a general decline of from J to T c. on all makes of
standard prints.
in the
The
decline in prints caused a
minds of buyers of cotton goods
little
for a
hesitancy
few days, and
restricted operations to some extent, but this feeling wore off
The following tables show the Grain in sight and tne movebefore the end of the week, and confidence in the maintenance
ment of Breadstuff's to the latest mail dates
of values was restored. There was a steady demand for woolen
RECEIPTS AT LAKE AND RIVER PORTS FOR THE WEEK BNDIUe
goods at first hands, and shawls, skirts, dress goods, ginghams,
AUGUST 4, 1877, AND FROM JAN. 1 TO AUGTJST 4.
Rye, and hosiery were severally in improved request.
The jobbing
Barley,
Oets,
Wheat,
Corn,
Flour,
bnsh.
bbls.
(196 lbs.)
At—
Chicago...
(60 lbs.)
91.951
120,100
194.236
56,417
38,600
285,299
5,500
18,545
85,374
2,050
1,852
1,300
31,203
1,545
Milwaukee
Toledo
Detroit
Cleveland
6t,Louls
Peoria
bnsb.
bush.
bnsh.
bnsh.
(56 lbs.)
(32 lbs.)
(48 lbs.) (56 lbs).
104,286
24,818
2,294
24,696
10,400
64.K98
14,000
105,474
2,650
1.52J
1,695.816
16.780
219,539
7,607
7,000
249,873
154,300
15,029
2,141
trade
was irregular but more active on the whole, and a
liberal
aggregate amount of goods was taken by Southern and Southwestern distributors. Foreign goods were a little more active in
private hands, and
autumn
some
of the auctioneers
commenced
and millinery goods, &c, with a
sales of ribbons
their
fair
degree of success.
Total
Previous week
Correep'ng week,'76.
795.133
624.520
701,842
1,844,509
81,851
48,180
85,748
78,179
2,4'0,915
2.201,769
1,769,056
1.014,834
240.985
245,870
321,968
178,525
—
The exports of domestics and
from this port for the week ending August 7 were 1,543
Great
Total Jan. 1 to date. .2,325,693 11,(181,653 45,108,540 10,8»6,S52 2,789,902 1,063.973 packages, which were Bhipped to the following countries
8,041,516 77,145.978 44,174,304 14,156,676 2,994,361 1,034,180
Same time 1876
Britain, 566 packages; U. S. of Columbia, 518 ; Mexico, 157;
2.711,064 81,705,797 28,781,401 10,814.895 l,560,r,85 1,540,624
Same time 1875
816.90.)
3,628,086 44,147,985 39,608,075 15,434,181 2,452,187
British HonSame time 1674
British West Indies, 100 Dutch West Indies, 58
121.016
240.985
20,720
7H5.1S3 2.410.945
91,851
Total Aug. 1 todate..
France, 24 Central America,
duras, 37 Cisplatine Republic 21
36,774
821,968
33,922
701,842 1.-69.9S6
85,748
Same time 1375-6..
i9,595
171.525
15.330
Brown sheetings
Same time 1874-5.... 78,119 1,124,509 1,644.632
British North American Colonies, 17 &c.
17
804,927
83,094
60,905
8:1,255 1,884,731
1,217,359
Same time 1873-4. ..
and drills were in steady demand, and ruled firm at current quoSHIPMENTS OF FLOUR AND GRAIN FROM WESTERN LAKE AND tations, but bleached cottons moved slowly, and there was only a
R1V.SK PORTS FOR THE WEEK ENDED AUGUST 4, 1877,
moderate inquiry for corset jeans. Colored cottons were in fair
AND FROM JAN. 1 TO AUGUST 4
request for the time of year, with most relative activity in
Flour,
Wh-at,
Corn,
Oats,
Barley,
Rye, cheviots,
which were taken in considerable quantities. Grain
bush.
bush.
bbls.
bush.
bush.
bush.
bags continued in good demand and strong, In the face of a light
578,307 2,122,344
181.329
22.458
78,892
80.283
August 4, 1877
62.5S5
849.924 2.584.996
146.285
81.014
12,866
Jnly 28, 1877
supply. Cotton flannels met with moderate sales at first hands,
104,716
922,079 1,967.203
420,371
12,454
16,405
Cor.week'76
94.573
992.652 1,265,814
183.419
2,557
12,614
Cor. week '75
and were jobbed more freely. Print cloths were dull and weak
14,19ti
890,582 1,994,633
670,933
78,140
10,579
Cor. week '74
at 41c for extra 64x64s, 4c. for standards, and 3^c. for 56x60s.
121,967
924,164 2,474.125
613,344
81,47(1
83.120
Cor. week '78
98.262
914,547 1,543,216 1,050,864
Cor. week '72
45,345
58,195
Prints were sold to a liberal aggregate amount after their reducTotal Jan. 1 to date. 2,199,018 10.620,614 38,854,785 8,187,430 2,126,6(0
905,114
tion to 6}c. and there was an active movement in fancy, staple
Same time 1376
5.2)1.019 45,809,210 40,775,549 12,500,915 1,284.754
903,650
Bame time 1875
2,693,341 27,59.1,593 21,981,576 7.897,66?
681,768
315.431)
and dress ginghams.
3,414,985 81,306,807 29,862,397 9,628,:;96 1.27?;408 2,393,821
Bame time 1874
Domestic Woolen Goods. There was a well-sustained
RECEIPTS OF FLOUR AND GRAIN AT SEABOARD PORTS FOR THE
demand for flannels by buyers from all sections of the country,
•WEEK ENDED AUG. 4, 1877, AND FROM JAN. 1 TO AUG. 4
and sales, combined with deliveries on account of back orders,
Flonr, Wneat,
Corn,
Oats,
Bane]
Rye,
bbls.
hu«ti.
bnsh.
At—
bush.
footed up an important aggregate amount. Blankets were rather
bush
bnsh.
61,168
Hew York
141,174 1,234.899
140,703
8 J ,000
20,025
more active in all grades and ruled firm in price. Fancy cassi8,689
9,600
Boston
120,600
21,388
5,060
50
1.260
Portland
5,000
1,000
meres and suitings were in steady demand, and worsted and
Montreal
10,914
45,155
49,280
'75..
Domestic Cotton Goods.
prints
i
;
;
;
;
;
.
;
;
.
:
—
:
Philadelphia
Baltimore
New Orleans
Total
Previousweek
Cor.week'76
to date
Same time 1876
Sometime 1875
Same time 1874
Jan.
1
51,700
176,600
2,798
11,558
22,331
429,027
4H5.361
2,376,484
121,305
89.410
163.152
8,703,845
5,276,512
5,294,910
6,177,159
6,601 ,859
26,101,771
35,847,785
87,478,145
132.000
70,009
84.841
621
36.000
18.800
18,360
800
1,735.100
242,974
44,450
1,2-4,831
192,144
14,430
1,2)9,8 6
557,919
12.118
48,0 45.81»7 9.6SO,241 2,030,1 is
51,115,193 14,197,211 1,909,551
30,569,395 9.817,632
325 207
36,300,685 10,118,764
748,013
22,175
53,546
9.344
720,325
815.420
154,52?
645,114
The Visible BurrLY of Urain,
comprising the stocks in
granary at the principal points of accumulation at lake and
seaboard ports, and in transit on the Lakes, the New York canals
and by rail, Aug. 4, 1877, was as follows
In store at New York
In store at Albany
In store at Buffalo
In store at Chicago
In store at Milwaukee,
In store at Onluth
In store at Toledo
In store at Detroit
Instore at Oswego*
In store at St. Louis
In store at Boston
In store at Toronto
In store at Montreal
• Estimated.
Wheat,
Corn,
Oats,
Barley,
hash.
bnsh.
bush.
bush.
320,094
21,500
373,917
1,340,409
33,700
516.090
17,500
25.213
68,631
144,000
11.595
8,600
4,873
67,220
84,100
152.000
51,823
135,OuO
81,844
483.000
8,649
60,0(0
....
78.901
8,000
176,155
29.000
49,876
12,000
84,789
103,457
164,325
300
58.991
108,51
97,500
....
,,
66,498
55,331
Rye,
24.615
18.900
6,310
140,108
11,100
....
M7.BM
Kl.'O
21,266
warp worsteds were delivered in considerable lots in
execution of early orders. Overcoatings met with liberal sales,
and agents are still in arrears with their deliveries of leading
cotton
3,400
.
10,765
2.414
12,290
5,916
....
6,746
1.441
48
moved slowly, and there was only
and Kentucky jeans, but repellents
received more attention and were sold in considerable lots.
Worsted dress goods were in liberal request felt skirts were
more active, and there was an increased demand for woolen and
worsted shawls by early buyers.
Foreign Dry Goods. There was a fair demand for the
most staple fabrics by Southern buyers, and fancy dress goods
makes.
a light
Cloths and doeskins
demand
for satinets
;
—
received more general attention. Silks moved slowly, but black
and colored silk velvets were taken more freely. Linen goods
were moderately active, and fair sales of Hamburg embroideries^
were effected privately and through the auction rooms, but white
goods ruled quiet. Cotton velvets and velveteens were in improved request. Men's wear woolens remained dull, but Italian
cloths were sold in moderate parcels. Ribbons and millinery silks
were offered at auction, by order of Messrs. Passavant li Co., and
Leisler & Sommerhoff, and met with a fair measure of success
silk velvets realizing
last season.
a slight advance upon the closing prices of
11, 1877.
it
THE CHRONICLE
J
lmi> ri.iU-iii of Dry t. .,..,!».
ol dry goods at thia port lor the week ending
Aug. 0, 1877, and for the corresponding weeks of 1870 and
1870, have been as follows
The importations
:
inuu fob ooHauMPTioK
roa TBI Will BHD1NS AUO.
1875
.
.
Pkgs.
Pits*. Value.
Manufactures of wool. ...2,081 $1,7:7,^68
cotton. .1,552
501.99O
do
do
do
ailk
flax
Si:
521
Total..-
WITHDRAWS
856,170
264,165
219,943
1,2 il
Miscellaneous dry goods
1877
Pkirs. Value.
5469,806
1.160
8M.634
704
463.1*)
207.162
1,039
Valne.
JK1S.203
1,067
ilS.HH
604
380,901
181,012
119,050
736
,
KxporlB oi LeaillBi Article, i rum New *or«.
The (olio wing table, compiled from Custom idiuse returns,
shows the exports of leading articles from the portof New York
to all the principal foreign countries, since Jan. 1, 1877, the
totals for the last week, and also the totals since Jan.
1, 1877
and 1878. The last two lines show total value*, including the
value of all
articles besides those mentioned In the table
otW
a
1.077
312
4,323 $1,412,508
WABBHOOSS AND THHOWM INTO TBI
•AMI Ell IOD.
1817.
9,
.
,
972
1,024
6.239 »2,6S8,736
rilOB
1878
,
123,151
4,372 $1,588,192
KABUT
DDBINS TBS
145
2^'HlsSl£ s?KSS-S s S s «?"-»l"" 2 ''S5i?3»S83
":8
!
— ~ - id
j
~3
SJ
H (•»h007»90';»J(*H»tC«fflW<f*9|.sj«S«ia"'J-«llt3ainfl
'fi
.
«lSKS2S2^52aS5SS"SSi a 82SR;SgS2S'?a'5'^s55* ?
;
!•
Manufactures of wool....
do
do
do
1,092
$179,403
502
$206,908
595
439
170
760
512
154,091
158.6 s
282
158.879
398
49
69.889
117,267
83,009
11,851
160
101
471
cotton..
silk
flax
Miscellaneous dry goods.
Total
2.973
6,239
Add ent'd for consampt'n
Total thrown upon
181
22,41.7
1973,484
2,658,726
m'k't. 9.212 $3,632,220
1,362
4,325
$490,923
5,687
$1,903,431
1,412,508
SNTSKSD TOB WABBHOUSUte OPSINS
Manufactures Of wool.... 1,475
do
do
do
cotton..
Silk
flax
691
268
748
$624,775
236.116
316,934
146.819
501
54,331
M.scellaneousdry goods.
15
73,961
6,301
1,835
4.372
1,538,192
-*
£
3 "
«o"
70,151
16,053
$261,725
67,883
H
n
4,325
1,412.503
4,372
1,583.192
5,810
$2,OS3,410
7,530
22,! 45
19.-..
^5
Battons
18.918
4,991
3.B90
Coal, tons
25>;o
Oocoa bags
Coffee, bags
11,829
1,173,251
2,565
Drugs, AcBark, Peruvian..
Blea. powd.ers.
Cream
.
Since
Jan.
1,'77
Oil, Olive
Opium
7u5
Soda, bi-carb....
Soda, sal
13.191
87,065
81,63:1
Furs
8,513
8,652
4,0*4
1.760
89,280
.
Gunny
cloth
Hair
Hides,
33,834
17.726
1,462
20.*9S
8.611)
India rubber
Jewelry,
935
3,861
35,8»1
471
500
Lead, pigs
69,809
6S2.868
Steel
30.-.45
5'*>,901
6,788 907
118,960
432,841
Jewelry
1,708
«77
2*2,731
7J,)16
Watches
•
OS
•£f
s
£
"
•©
°S
'^a
•
OSTJO
?
CI
O
t^"«n to
r*
«»
*
tr; orj
«
9*
.t-«s-«o
o a*
o»
3> — t- .o
C0O9 •««.
—(•!>.
S
.«2
M
.
:
Same
•
O
Wines,
.uooo-«
_J»P
Sctit*
•
«•
"
—
=• oo ao 3;
^^gr-^jwr-ooajto--
M^J»wWoi-
"£ t"'™<3;**'r**7?
sfs'ss*
-co-.
•2
V7l3>
OO
-^o*
.
.
.
•
.too
tfO-ri
.
«o*#
.moo
WOO
«(-
•
fl2
» T« Q .n>««o
— 35-* — 00
5* 4W
.
=?«
Sf5
mO O
2»H
«
89,3';7
52,217
80.462
21,103
64,163
78.472
81,103
Ac
Champagne, bks.
Wines
Wool, bales
Articles reported by
S9"
value—
S5,blo Cigars
713 Corks
21.491 Fancy goods... .. # .
2S.58S Fish..:.
30,76i» Fruits,
2,314
Lemons
8,850
Oranges
495
Nuts
•OTi
.
>_(.-
(TO
-CO»t?3
isfS
fNTPOCC
°. <l''". r.'
.(50
'"
e«
•
:«
*
'5!
•
•
"«ow *V
1,791
77,844
|
718.752
43,500
483.717
:82.269
901,891
81,780
630,625
217,370
678,6*
5b5,51!
584,176
7,577,131
170.555
669,436
1,199.^81
197,102
742,823
4.703,202
107,411
Raisins
Hides, undressed..
Rice
49.213
t8 935
361,756
316,119
143.578
101,572
280,333
92,999
269,455
20.201
261.491
61.325
i 9.970
32.781
Ac—
1.037 Spices,
2.880
Cassia
25,292
Ginger
1,619
1,662
8 b
370.099
78,335
325, lii 13
1877,
and
ill
=
•:":: :RSS
5
:2 s
:
Since
Same
•Jan. 1,*77
time 1876
4,350
3,707
Breadstuffs
:s
:
:sss :b
?s
5 « -O »o^- .i—
:
"""»
~S
ss ;si
•"
°S
:
:
:g"ss^<3
:
gs
a
f;;i
:§
:
•
•
?
:
•
bbls.
Corn
"
Oats
"
Rye
"
BarleyAmalt"
Grass seed. ..bags
Beans
bbls.
Peas
bush.
Corn meal.. bbls.
Cotton
bales.
"
Hemp
Hides
No.
Hop*
bales.
Leather
sides.
Molasses
hhds.
Molasses ....bbls.
Naval Stores-
n
Lm
MB
.
341
40,117
"
1,913
15.286
2,161
48.474
Rosin
'•
"
S198W
Tar
202. 2
10.214
Spirits turp
pkgs
1,559,10! 2.217,183
bbls.
8,113,914 17, 119.032 Peanuts
bags.
13.373.499 13.258.610 Provisions
5,290,116 7.041, 4v<
Butter
pkgs.
•*
447,878
635.044
Cheese
2,124,1
1,399,112
Cutmeats .. '*
75.53'
gggi
63,818
"
SS.Ii'U
45,71;
"
Pork
181,041
79J,I8'i
"
Beef
140,4!7
114.431
Lard...
373.426
40;.2.'J
Lard...
•kegs
1,889 Rice
pkgs
2,231,1)0)
1,388,0881 Starch...
H
85,550
39,226 Btaarfne
2,495.3 8 2,575.693 Sugar
..'.bbls
67,93a
Crude turp.. bbls.
bbls
Pitch
:
iS
•
*»o
•
'
•
:
-
>
t
»
:
—"
:s
:RSS
•
•
*•
.»
3
od
*S:
:
o»
:]
.
.0001
•
•
•
•
•
•
•
;
•
r^S :33" :S8.S*Ǥ
r
•qo'
for
«>
*o*aD*
-i-'S*
o
,0
s««
Sugar
..hhds
Tallow.... ..pkgs,
Tobacco.
Tobacco... ."hhds
.
15,235
«Sw
wtusksy
Wool
.,
..bbls.
bal^s.
Drrssed hogs .No.
.
693,457
1,158,103
538,763
339, :S8
118.141
24,757
2<l,2'.5
24.902
?"
94
-s
83
11,801
70,101
„io
SS
OS*
o«
2.610
274.190
„s
's
as
OM
Slnee
Jan. 1,'77
Oil cake
Oil, lard
f5S
8^
flS
1,
:
•S
w-.*^
i
iVoods—
Fustic
^J
:
bush.
^*o
.58'
bO
$
i,i:i,2.io
receipts of domestic produce since Janaary
the same time in 1870, have been as follows
Wheat
2e?5
:£g :g :SS2 :S3 :53s; :5SS5S :2SS :S
-<S = S5
K9ISIS'
1
Ac-
The
Flour
3>"
Sis
o
2,312
616
46,856
448.950
83,367
551,556
5.2S2.S99
637
509.903
35,775
27,007
pkgs.
88
8 85
Receipts or Domestic Produce.
Ashes
H-3
2: 3*
ci r-
no
time 1876
453.246
965,136
627,031
83,629
419
1,92.1,142
...
Tobacco
Waste
*c.—
L'nseed
'S
2,567
Ac-
Bristles
Hides, dressed..
Hardware
Tinslabs.lbs
Paper Stock
-ft
17.801
308
40.15'
2.S11
3,712
914
27,350
Madder
2,2(!6
Sugar, hhds, tcs. &
930.697
bbls
2,672 Sugar, bis A bags.
MS
***»»|
•Sllfl-O
&c—
Tea
8.153
17.698
2,198
Tartar...
Gam, Arabic
Indigo
11,066
20.57 i
131,315
18,399
6,120
3,240
28,361
ff»
•»-
Cutlery
Earthenware
*
2?
3<Os— a
C
:
S?*'it»
Earthenware
of
S.S-"m
compiled from Custom House returns,
shows the foreign imports of leading articles at this port since
January 1, 1877, and for the same period in 1876:
[The quantity Is given In packages wnen not otherwise specified.!
Metals,
V
'
as 3:
.-SSSS3
5,903 $2,165,563
table,
China, Glass and
«*
»-*
115,609
108,574
23,580
*577,371
Same
Since
Jan. 1,'77 'ime 1876
o*
*«r
*
i
612
323
121
519
50
$287,473
83,794
215,430
Import* of Leading Articles.
The following
*.*:
8 5 rf-g}-'" s^^ ««««•• rfw*£K
»"
5,707 $2,095,702
1,531
9,9 !3 $4,037,731
c i.«oo»-.wc^«jt.*«ortSS"
"
S3 JS^gSSS *!
*5«7,510
$672,901
1,485
^^i.»gH3« T oa «•«»«
HI PBBIOD.
8
658
275
135
304
33
3,684 $1,313,995
Total...
add ent'd for consumptc 6,239 2,658,736
Total entered at the port.
$266,910
63,395
91.910
CO
3J
» KS
i
SdS :8|=
iSs'
•o.ft-"
s.2^sll»
:
-sSssssssSS
:
•
-f
I
aa
x)
ffS*
2 * «
31,111
211,664
11,630
711
12,097
40,890
118.615
53.518
9 l,s7
61.3 IT
59
1fi7
:
:
:
:
:«i
:
S
:
I
:
;
:
;9
.
"J
f
:58s :S
.
TUft LMiiUlNlUL-K
TIE"
UEKERAL
PRICES CURKENT
ASHBBPot,
sort
first
*
...
GUNNIES.— See
<x»
ft.
Italian
BUILDING MATERIALS—
ifricts— common Hard, afloat. .V M
Manila
Croton
8 U0
23 00
Philadelphia
*
Cement— RoBendaie
Lime— Rockland, common
do
tally
Doards.com.to
* M.
..
It.
3100
00
70 00
23
!*
.
,
Maple.
.. .*M.ft.
Jra<M— 10<S50(l.ccm.l'en.* sh.* keg
Clinch, ix to Sin.ftlonger
3d fine
Cntsplkes.allBlzes
fainu— Ld.,wb.Am,pure.inoll*
SO 09
i'is
Corrlentes,
10 uu
22 00
33
40 00
33 00
15 00
28
a
®
a
@
®
a
®
is
35 00
a
....
4 25
2 73
5 23
5 (0
3 00
a
a
a
9^a
8X8
«X3
10M
9
10
85
ft
Lead, wn. Amer., pure dry
Sine, wh.,Amer. dry. No. 1
Zlnc.wh.. Amer., No.l, In oil
,
Farlswhlte. E::t.,gold....* 100B. ISO
Prices)—
13
Dairies, pails, g'd to p*me State V ft.
13
West'n fact'y, tubs, g'd toch'ce "
13
H*lfirk.,tu03,State,f'r to prime "
13
Welsh tubs. Stall', coin, to p'me "
BUTTER— itoo— (Wholesale
9
7X
a
a
A
1
22
18
19
a
a
a
20
CHKBSK-
*ft
choice
Western factory.gooa to prime.. •'
State factory,
8X3
fair to
COAL-
Llverpoolgae cannel
Liverpool housacannel
6
9X
7X
a
00® 11 00
13003 14 00
Auction, or by July
10
...
Akthbacite— Prices
at Isst
schedule i (Prises for August unsettle!.)
Pet,n.
D.L.&W. DftH. P^ft K. L._S
New
Newburgh.
Anc
June
IS.
W.
Port
Port
Hoboken. York. Kichm'd Johnson
Juae 27. Schel. Schtd.
Schea.
»2 42-2 52 »i 11-2 20
2 25-2 27
Grate... 2 45-2 65
Egg .... 2 S0-J 65 2 27-2 45
Stove... 2 45-2 57
2 35-2 57
2 32-2 37
Oh'nut.. 2 4;-i 55
Sl'mb.
2 65
2 63
2 65
2 75
2 65
2 65
2 66
2 75
2 65
2 65
2 75
Lagnayra
St.
Oomingo
263
2 60
260
Savanllla
Costa Rica
COPPER—
gold
"
gold.
gold.
gold.
"
V
Bolts
Sheathing, new (over 12 oz;
Braziers' (over 16oz.)
i6xa
19
20
2i
20
Am
*
<*
20
isxa
20X
19
21
17
,1
....a
23
so
13*3
18X
2X9
cur.
is
2f
"
••
•i
"
4 00
"
refined
30
Castoroll.E.I.lnbond. *gal..goid.
Ciustlc soda
* W0 ft •'
"
*ft
Chloratepotash
"
C3Chlneal, Honduras, stiver...
"
Cochineal, Mexican
Cream tartar, prime Am. ft Fr. "
cur.
Cubebs, East India
a
a
a
Glycerine, American pure
•'
Jalap
"
'
Licorice paste, Calabria
Licorice paste, Sicily
licorice paste, Spanish, solid.
4
1
.
i
4
121,8
"
32
9
6*.
•'
Oil vitriol (66 Brimstone)
(In bond), gold.
Pruaslate potash, yellow. Am. .cur.
gold,
tulcksllver
cnr.
ulnlne
hubarb, China, good to pr.... '*
Sal soda, Newcastle..* loo ft, gold
Shell Lac, 2d ft 1st English. * ft .cnr.
* 100 ft. gold
Soda ash
Sugar of lead, white, prime.* ftcur.
"
Vitriol, blue. common
a
22
60
4 13
50
i 25
a
a
a
21
a
a
i
.
FLAX—
*
North Rlver.prime
28
k
so
a
a
24
do
do
do
Layer.new
Loose Muscatel, new
1
Prunes, Turkish
do
,
mew)
French
...
*
Canton Ginger
Sardines,* hi. box
Sardines,* qr box
Macaroni, Italian
Domestic Dried—
case.
*tt
Apples, Soothers, sliced
quarters
do
do
30
25
1
90
19
»X
.
ft
.
pinni*. State
Whortleberries
..
choice
nnpared, halvesandqrs
Blackberries
Raspberries
Cherries
a
21 03
a
15 00
H a
a
47X8
00 a
15
S 55
10X8
s
s
..
a
a
a
a
WJ.3
i2xa
s
s
State. sliced
do qnartera
reaches, pared, Ga. prime
do
ft
23"
None.
19
*
cur.
gold
gold.
•'
"
cur.
Texas,
.B. /. stoct— Cal. kips, slaught. gold
"
Calcutta kips, dead green...
"
Calcutta, buffalo
California,
a
a
5xa
81
21
....a
21
19
16
16
Cropofl»76
Cropofl875
Olds, all growths
1
21H
a
a
a
a
14
a
a
10X8
8 a
10 a
13
14
a
a
15
<3
12
8
UK
8X
10X
UK
9Xa
14
12Xa
11
HOPS-
lift.
5
4
2
INDIA RUBBER-
13
UX
@'
@
4
41
S3
a
®
@
&
40
<a
83
45
Panamastrip
Carthagena, Dressed
Nicaragua, sheet
Nicaragua, scrap
Mexican, sheet
Hondnras, sheet
*
Plg, American, No.l
Pig, American, I,o. 2
Pig, American, Forge
Pig, Scotch
55
42
....
41
43X@
41X®
....
....
30
42
35
®
@
IRON-ton
16 03
24 10
a
a
a
@
42K
IB 00
17 60
17 00
:o 50
btore Price",
Bar.Swedes, ordinary sizes..* ton. ISO 00 ai32
*lb. 2 5-10®
Scroll
5 ® 2
Hoop, %X.No.22tolft'.Xx.l3ft!4 "
Sheet, Russia
Sheet, single, double
KH9
a
a
..gold.*»
50
5
8-10
11
treble, com.
4
3X&
58 00
Ralls, Amer., at Works..* ton, cur. 33 00
45 00
47 00
Steel rails
ft
LEAD—
*
Ordinary foreign
Domestic
Bar (discount,
"
Sheet
gold
100 lbs,
6
62X3
cnr. 5 00
6 75
5 25
7X
a
22 a
33 a
SM'.ii
26 a
31 a
27 a
"
Hemlock.Buen, A'res,h.,m.ftl.*0>.
'*
California, h., m. ft
'•
common hide, h., m. &1....
" rough
1
Slaughtercrop
Oak, rough
Texas, crop
SO
MOLASSES—
Cuba.clayed.
*
Cuba, Mu8.,refln.gr'ds,50t£8l.
do
do grocery grades.
BarbadoeB
Demerara
Porto Rico
N. 0.,com. tofrime
a
a
*ft
10 p. c.)
LEATHEB-
gal
"
"
"
"
'*
"
*
9
2'^X
34
29
S3
31
a
32
S5
43
33
41
40
48
46
60
33
50
2 15
11
>
windowglass
*'
*
Almonds, Jordan shelled
2
*x
16.X
SX
21
«X
10
7 50
1«X
13.X
IS
4
4
6
fiX
13
7
2 23
a
a
a
a
1 S3
6X
22
14X
16
10
a
a
S4X
2 10
4 25
5 00
@
lb
40
5
4)<@
li
12
5
...
n
tn,
a
@
12X
8X»
10X
a
....
a
14
S3 50
OILS—
Cotton seed, crude
*
gal
r-
1
"
•*
M
"
"
1
"
"
*
1
70
67
55
15
a
a
a
— aa
45
20
....
S3X
1 10
1
60
16
145
"
"
7X
17X3
18
1S),3
....a
9
Forelgn
Domestic,
'.00 ft,
common
a
gold
5S1X3
cur.
SPICES—
*
Pepper, Batavla
Singapore
do
wblte
do
Cassia, China Ltgnea
Batavla
do
Ginger, African
do Calcutta
*
bbl. 13 80
"
"
,
"
Beet, plain mess
"
Beef, extra mess
Beef hs,ini,West.Bum.&wInt.e'd "
City
long
clear
Bacon,
* ft
'*
.,
"
Lard, City steam
BICE—
a
a
a
11 00 a
13 10, a
00
—
....
a
21
—IV*aa
14 10
....
....
12 (0
IS 50
21 50
....
....
9
....
Rangoon
Patna
SALTTurk'slsland
St.Martln
Liverpool .vsnous sorts
,
654*
7
6Y3
6Ka
7
*
sack.
*
ft.
115
14
* uusb. 190 a
a
..@
&
a
®
Hemp,
rough
* 56 ft., gold.
*
a
a
a
a
....
SO
36
2 50
Mace
Cloves
do stems
BPIRITB-
»
Brandy, foreign brands
Bum— Jam. ,4th proof
St, Croix, 3d proof
nin
Whiskey, Scotch
Irish
do
Domesticliquore— Cash
Alcohol (90 per ct)
gal!.
—J
*'
••
•'
"
*
gall.
....a 2 55
....a 1 12X
Store r?-lces.
STEEL—
English, caBt,2dftlstqnality * ft gold
English. sprlng,2d ft 1st quality.. "
English blister, 2d& 1st quality.. "
H
English machinery
English German, 2d ft 1st quality "
cur.
American bliBter
SHGARInferlor to
"
common
F*lr
Good
reflnirg....*
"
"
"
6
"
8X»
9X3
"
"
56 ft.,
gold
2 05
'.5
2 00
3 00
2 50
2 10
a
8K
8 3 16
ft
"
*bxg
a
d. 6
6
cur.*ft
a
3
a
a
25
S5
45
ti
Nominal.
19
to fair
Sup. tonne
do
do Ex. fine to finest
do Choicest
Imperial. Com. to fair
Sun. to fine
no
Extraflne toflnest
do
Hyson Skin. ft Twan.. com. to fair.
24
S3
53
28
43
(5
22
S3
so
65
Choicest
do
3 75
6 S3
33
Young Hyson, Com. to fair
Super. to flue
do
do Ex. fine to finest
Sunpowder.com
C3X3
1SX®
20
Extra line toflnest
Choicest
do
is*
isx
s
15
*•
English, refined...,
Plates. I.C., coke
Plates.char.terne
U
a
gold.*ft
Straits
do
9«
•'
a
a
a
a
a
a
a
a
a
21
30
42
16
Sup. to flue
do
do
Kx.flnetonnest
do
do
UncoloredJapan.Com. to lair
Sup'rtotlne
do
Ex. line to finest
do
60
SO
43
60
85
26
33
P0
18
•SO
al.
2C
Oolong, Common to lair,**,
do Superior to fine
do Ex line to finest
do Choicest....
Bone. ft Cong.. Com. to fair
Snp'rto fine
do
Bx.fineto finest
do
40
55
26
40
55
73
.
23
40
55
TOBACCO—
*ft
Kentucky lugs, heavv
15
leaf,
Seed leaf— New Eng.wrappers'7l-'75
»•
fillers, '74*'75 ..
do
m a
5 a
10
Pa. assorted lots, 'Tl-^s
Yara, assorted
12
90
75
25
95
M
@
*
MUM
2i
a
Havana, com. to fine
Mannfac'd.ln bond, black work
brlgbt
•*
work
WOOL-
Amerlcan XX
American. Nos. 1 ft 2.
American, Combing....
.*»
;o
86
25
Extra, Pulled
Superior,
Fair
unwaabed
23
22
is
Burry
South Am. Merino, unwashed
Cape Good Hope, unwashed
Texas, line. Eastern
Texas, medium. Eastern
gold.
Smyrna, unwashed
ZINC-
*
Sheet. Foreign
ft,
*
*
i.
ft.
bbl.
tut
....
Pork
*bM
/j.
.
«.
«.
X 3
36 3
so
ss
a
a
24
17
a
i
t»
15
21
44
51
45
53
45
SO
S3
27
21
17
86
an
S3
27
a
18
7X
SAIL.—
.
s.
d.
9-32
03
0a
&33
2
15
8
©....
8
e
....a
20
1
7xa
cur,
^-bt«a»
ToLlvxBPOCL:
Cotton
Flour
is
28
gold, net
DomiStlc
"HEIGHTS-
7X
a
a
a
a
a
a
a
a
a
a
41
86
No.l, Pulled..
California. Spring Clip-
ffl
1
7.X9
l«
6X
T1N-
'0
2 10
n
H'X
10X
10K
9X3
9X3
8X3
'•
"
heavy goods. .* ton.
Corn.b'lk&bgs. * bo.
Wheat, hulk ft bags..
Beel
* tee.
'
l
a
10X3
io
"
"
*
K"
u
UK
..a
.
•'
TALLOW-
8*"
nxa
"
..
9X
9%
xa
ii
"
VxtraCno
Yellow C
10
....a
....a
*'
Other Yellow
MolaBses sugars
9
16
9
a
8
"
"
off A
do
White extra C
«*
10X
liX
a
a
ii
"
"
Hard,powdered
do granulate!
do cutloaf
11
7X3
S%3
i%»
8*3
fX3
SX®
ft,
"
Porto Illco. refit, fair to prime
Boxes, clayed, Nos. I0@12
Ceotrifugal, Nos. 7@13
Melado
M anils, sup. and ex. sup
Batavia, Nos. 1('@12
Brazil, Nob. 9®1!
R- fined— Hard, crushed
16
6X8
9 a
9xa
....a
....a
...a
....a
"
"
refining
Prime
14X0
ioxa
American cast, Tool
American cast spring
American machinery
American German spring
do
1<x
l»X@
Canary, Sicily
Canary, Dutch
foreign
Flaxseed, American,
Linseed, Calcutta
Linseed, Bombay
6X
...a
* bush
SEEIjS
Clover, Western
Clover, New York State
ft.
"
"
"
6 25
6 25
gold
ft,
Interior
*
Carolina, fair to prime
Louisiana, good to prime
15
Nntmegs.Batavlaand Penang
Pimento, Jamaica
••
Pork, mess
Pork, extra prime
Pork, prime mess, West.,
©6
None.
,
SPELTER-
64
7X*
gul.
"
PROVI810H8—
a
a
a
53
PETROLEUM—
Crude, In bulk
Cases
Refined, standard white
Naphtha, City, bbls
10
59
32X4
"
extra
Whale, bleached winter
Whale, crude Northern
Sperm, crude
Sperm, bleached winter
Lard oil, Nos. 1 and i
Timothy
Canary, Smyrna
None.
None.
5 58
Uyson, Common to lair
do Superior to fine
8
12X8
4 50
City, thin oblong, bags, gold, ?jt ton
Western, thin oblong (Dom.) cur •'
Hams. smoked
Usual reel Tsatlees
Usual reel Tavsaams
Ue-reeled Tsatlees
Re-reeled Cotngoun
Banca
a
7
3 50
SILK—
Prlmeclty
Western
a
a
a
a
a
a
12)^
6X3
SIX®
S
'•
Coffee, A. standard
25
....a
bbl. 3 (0
"
S 00
"
NUTS—
1 to
per 1001b.
TEA—
Tar, Wilmington
Brazil
Filoerts, Sicily
Crude
Nltratesoda
Whiskey
Para, coarse to fine
Esmaralda, pressed, strip
Guayaquil, pressed, strip..
Neatsloot, No.
None.
3 50
sxa
Figs, layer
Para,
62.S
00
3
..a
15 «
Dates
do
do
II 00
2
perlb,
Savanllla,
TTeltfaited-Buen. Ay,
20xa
20X3
...a
17
15
15
13
17
13
"
do....
do....
do....
do....
do....
do....
OHv,e,lncaska* gall
Linseed, casks and bbls
Menhaden, crude Sound
1
4 75
1
Saltans, new
do Valencia, new
Currants, new
Citron, Leghorn
Bahla,
Nlatamoras
24"
200
8-8
ft
per 501b. (rail
"
"
OAKUM—Navy ,TJ.S. Navy ft best* ft.
OIL CAKE—
KISB-
per. it].
Oeorge's cod (new)
Mackerel, No.l, tf shore. ...pr.bbl.
Mackerel, No. 1, Bay..
Mackerel, No. 2 Mass. shore (new)
,
Mackerel, No. 2, Bay
••
..
do....
do....
Walnuts, Naples
Pecan
•
Opium, Turkey
"
"
Dry Salted— Maracaibo,selected "
•
a
a
«xa
a
20 a
75
"
do
Matamoras.
Maracaibo,
23X
22"
Spirits turpentine
V gal.
34
Rosin, strained to good strd.* bbl. 175
•*
low No. 1 to good No. 1 "
2 10
" low No. 2 togcod No. 3 •'
1 90
11
low pale to extra pale.. "
2 75
a
25
26
cur.
California,
21X3
a
"
Pitch, city
6X3
<X3
"
.gold
"
do....
do....
do....
do....
do....
Rio Grande,
Orinoco,
STORESMX NAVAL
Tar, Washington
40
:
•'
Madder, Dntch
Madder, French. E.X.F.F
HntgallB .blue Aleppo
Raisins, Seedless
25C
a215 00
@135 00
ViK
SI
..-cnr.
Ginseng
,
3
20
'•
Gambler
22
30
4 20
gold.
Citch
20 «
21
a
*ft cur.
Blchro. potash....*.
12X3
Bleaching powder.. „.* 100 ft. "
13?X8
gold. .... e>
Brlmstone.crude, per ton
* ft.. cur.
3 a
Brimstone, Am. roll
Camphor
27
22
....a
gold.
100ft
19"V
20l«
a
a
a
21
is
ft.
ft
19X
i6xa
isxa
American Ingot, Lake
Argols, crude
Argots, refined
Arsenic, powdered
Bicarb. soda, Newcastle.*
a
iejt»
i.i
COTTON— See special report.
DRUGS ft DYES—
Alum, lump.
17
19X*
"
"
Ayres,selected.*ftgold
2 65
COFFEE—
Ulo, ord. car. 60 and 9C days .gld.* ft
gold. ••
do
do fair,
gold. "
do
do good,
gold. '*
do prime, do
gold. "
Java, mats
gold - "
Native Ceylon
•
gold.
Mexican
gold, "
Jamaica
gold. "
Maracaibo
Jute
HIDESDra— Buenos
175 30
130 00
a
75
gold. SI 5 00 esio 00
" 210 00 &215 00
8
.-.Sft "
1%9
"
6
3X«
"
4ka
6
Sisal
....
60
ft
*ton.
Montevideo,
_
31
Hemlock boards each
In l>i
27 00
a
45 00
18 00
K'd.each.
25
Aab.goot
Blaca walnut
Spruce boards ft planks, each
601
80
....
M It.
ex.dry.*
Pine, shipping, box
120
bbl.
bbl.
*
Rockland. flnUhlng
Amnoer— Plne.g'd to
Oak..
«
«
a
a
2 50
100
a
*ft
gold
Refined, pure
*
North River shinp'LS
HEMP AND J U IEAmerican dreSBed
American undressed
Russia, clean
B KK ADST U FF 8-See special report.
SALTPETRE—
report under Cotton.
HAT-
xxv.
voi,.
I
tt
7
'....
a
5
a....
..«?
-,
«. rf.
X comp.
21
r
THE CHRONTOLR
1877.
11,
Financial.
&
J.
Stuart
J.
Financial
&
UNION TRUST
Co.,
NEW
OF
NASSAU STREET.
33
Financial.
CO.
Geo. H. Prentiss,
YORK,
Room
No. 73 Broadway, Cor. Kector
33.
BROAD STREET.
3
St.
EXCHANGE ON
GAS STOCKS
SMITH, PAYNE * SMITH'S, CAPITAL, . . rT . . 81,000,000.
BANKERS. LONDON
A SPECIALTY.
HAS
SPECIAL
FACILITIES
'I IM III si
FOR
it
ACTING AS
A COUNTY BANK,
Transfer Agent and
"LIMITED";
Brooklyn Secnrltle» Bought and
JOHN STI ART A CO., Banker*,
Registrar of Stork*.
BILLS OF
;
|
MANCHESTER, PAYABLE
IN
London
IM IK BANKING COMPANY,
I
;
,r,.
tor,
NATIONAL BANK OF SCOTLAND.
&
A0INT3 FOR
KDWAUII KING, ITestStnt.
""«*">
I. \I. McLean, ut Hce- fttsMeut.
Wm. Wuitkwkiout, M Vice President.
Co.
M. McLean,
Hctton,
B. H.
E. B.
TIIK
Wesley,
J.
Cor. of Montague
CO..
York.
ENGRAVES AND PRINTS
Bank-notes, Bonds for Governments and Cob
porations, Bills of Exchange, Certificates
or Stock, Postage and Revkjjue Stamps
Policies of Insurance, and all
Kinds of Securities,
IN
THE MOST ARTISTIC STYLE,
AND
IS A BUILDISO PROOF AOA1NST FIRE.
ALBERT G. GOODALL, President,
C. L. Van Zandt, Vice-Prcs. & Manager.
Theo.
II.
This
WALL STREET AND BROADWAY
York.
Transact a General Banking Business, Including
purchase and sale of STOCKS,
BONDS and GOLD
'or cash or on a margin.
Investment Securities For Sale.
P. O. BOX 2,647.
M. Kidder.
C.
W.McLe llah,
Jb.
KIPLKY ROPES, President
CHAS. R. MARVIN, Vlce-Frea
Edsab M. Cullbn, Counsel.
TRUSTEES:
J. S. Rockwell,
Henrv Sanger, Alex. McCue
John
1
?V
Ir.hnHal.ev
United States Trust Co.
OF NEW YORK,
No. 49 WALL STREET.
NEW YORK,
STREET,
and
Surplus, $4,000,000.
Allowed on Deposits,
Executors, Administrators or Trustees of Estates
to the transaction of
business, as well as Religious and Benevolent Institutions, will And this Company a convenient depository
for money.
and Females unaccustomed
Hilmers, McGowa n & Co
>
GOSSLER
&
Co.,
BaNKJKS and brokers,
7 Wall St., Cor. New, New York.
INVESTMENT SECURITIES.
8peclal attention to business of
country banks.
&
Alden Gaylord,
33 Wall
St.,
New York,
DEALER IX
And all kinds of
C 1TTON CANVAb, FELTIKG DUCK, CAR COVER
ING, BAGGING. RAVEN8 DUCK, SAIL TWINES
*C. " ONTARIO" SEAMLESS BAGS,
"AWNING STRIPES."
Also, Agents
United States Banting Company.
fnll
supply
all
Widths and Colors always
No. 109
Duane
In stock.
Street.
George A. Clark
&
Bro.
AND
MILWARD'S HELIX NEEDLES.
400 BROADWAY, NEW YORK.
Co.,
International
John Dwight
Bank or Hamburg and
Loudon, (Limited.)
HOUSE IN EUROPE,
&
Co.,
MANUFACTURERS OF
J«UN BERBNBEBG, GOSSLER A CO
SUPER-CARBONATE
HAMBITFO.
or
No. 20
&
SODA.
New
No. 11 Old Slip,
Auditor,
NASSAU STREET.
JJ
Complicated accounts of Estates and Partnerships
Investigated and adjusted. AccountB prepared tor tne
Surrogate. Books of Public Companies, Firms &c
opened, written up or closed.
Special attention given to railroad Investigations.
Refers by Permission to
W. A. Whcelock, Esq, Pres't Central Nat Bank
Jas Lynch. Esq., Pres't Irish Emigrants' Society.
Col. H. s. McComh. Pres't N.o. St. L.& Chic. RR Co
Ex. Norton, Esq., Pres't Paducah & Memphis RR Co'
Jos. F. Joy, Esq.. Receiver Dutcliess A Col. RR
Hon. H. A. Smythe, late Collector of Port of N Y
Hon. Jas. P. Slnnott, Judge of the Marine Court.
Messrs. Van Winkle, Candler & Jay, Counsellors &c
Messrs. Brooks, Ball ft Storey, Boston, Mass.
Messrs. Ronald, Sons & Co., Liverpool, England.
Messrs. Benecke Bros., London, England.
'
J.
Co.,
COTTONSAILDUCK
CORRESPONDENTS of
2.W7.)
A. H. Brown
NEW YORK,
PHILADELPHIA.
St.,
&
70 Sta.e Street
Accountant
Com
St.,
Manufacturers and Dealers in
BOSTON,
I'earl Street.
FOREIGN EXCHANGE AND GOLD,
63 Wall Street, New York.
BOX
and 73 Thomas
,.,
NEW YORK,
134
W. CALHOUN,
8peclal attention paid to the negotiation
of
mcrclal hills.
BOSTON,
Street,
TRUSTEES:
BROKERS IN
(P. O.
Fabyan,
JOHN A. STEWART, President.
WILLIAM H. MACY, ( ,,, „
Vice-President*.
JOHN J. CISCO,
WILLIAM HARROW, Secretary.
JAMES CLARK. Ass't Secretary.
Transact a General Banking Business.
STOCKS. BONDS and GOLD Bongnt and Sold on
Commission, and carried on Margins.
Deposits Received an 1 Interest Allowed.
"** Accounts of Country Banna sud Bankers
received on favorable terms.
&
Brinckerhoff, Turner
A
which may be made at any time and withdrawn after
Ave days' notice, and may be entitled to interest for
the whole time they may remain with the Company.
6c Stone,
BANKERS AND BROKERS,
NEW
Tl
202 Chestnut
JoslahO. Low, Ripley Ropes.
Austin Corbln. Kdmtind W.Oorllei
Wm. K. hunkrk. Serreurv
Alex. M. White,
Interests
Summer
100
A
Trask
No. 7
t.
Bliss
DRY GOODS COMMISSION MERCHANTS,
P. Rolf e.
Chas." R. Marvin, A.
Low.
nomas Sullivan, Ahm. B. Baylls, 8. B. Chittenden,
S ,e,' repont ' Dan'IChauncey, John T. Martin.
- f,
W. Tbask
,
Wright,
charter toac
guardian, executor or admtulj.
This Company Is a legal depository for moneys
paid
into Court, and is authorized to act as guardian
or receiver of estates.
<K) Co.
BANKERS,
Commercial Cards.
Brooklyn, N. Y.
ttOCOOO.
money.
Freelaud, Sec. Geo. n. Statneb, Treas.
New
sts..
WALL 8TREET.
X
»
11 can act as agent In the sale or management of real
estate, collect interest or dividends, receive registry
anf transfer books, or make purchase and sale of
Govern\ tnt a-id other securities.
Religious and charitable Institutions, and persons
unaccustomed to tne transaction of business, will end
this Company a safe and convenient denositorv
ibr
Capital
COR. OF
Clinton
Stocks,
GAS STOCKS,
Company Is authorized by special
as receiver, trustee,
BROADWAY,
New
A
CAPITAL,
Beers, Jr.,
Brooklyn
H. OGILVIE, Secretary
The Brooklyn Trust Co.
American
142
N. T.
SAMUKL WlLLKTS,
W«. WntTEWRIOlIT,
Geo. Cabot Ward,
Theodobs Roosevelt.
G. G. Williams.
fLlMrTRDL-LONDOW.
OFFICE,
MISCELLANEOUS SECURITIES.
EXECUTIVE COMMITTEE.
.1.
LONDON AND HANSEATIC BANK,
BANK-NOTE
BUY AXD BELL
GOVERNMENT BONDS, GOLD, STOCKS, AND
Clesrlng.Hou.se.
New York,
Foote,
WALL STREET
No. 12
'
CABLE TRAN8FERS AND LETTERS OF CREDIT
150 Pearl Street,
.
to e
" ,lowe 1 on Deposits, which may be made
. J? withdrawn
r. i"^
and
at any time,
N.B.— Checks on this Institution pass through the
ALSO,
G. Amsinck
l
i
&
Hatch
2 ccl bv Uw lo sct
K *eoutor, Administra,^ i
Guardian,
Receiver, or Sf
Trustee, and as a
U('!1
LEGAL DEPOSITORY FOR MONEY. BANKERS,
BELFAST, IRELAND;
AND ON TIIK
Sold
'
FFAIRS OF CORPORATIONS AND
-fa-tlrms Investigated partnership accounts
A
and
;
In-
losses adjusted -.frauds and errors detected
LOUIS CITY Sc COUNTY BONDS surance
hooks opened and closed. Twenty years' experienced
iceslnclnde municipal authorities, bank and
Insurance
officers, merchants, lawyers, and others for
DrvESTMENT .^BCKUAsSoUS SECUPITIFR
Refer, by permission to
^Tl«Siu*o£JftSSrS whom lnmortnnr work hnsbeen done.
8T.
G.C.IULSTEAD, Public Auditor
3*
Nassau
St.
The jooolng Trade
IOSUI S.
York.
ONLY Supplied
KENNEDY. HENRY M. BAR ER. JOHN
S.
BARNES
&
S. Kennedy
Co.,
BANKERS AND MERCHANTS,
J.
1
CEDAR, COR. WILLIAM
ST.,
|New York.
Buy and sell Railroad Investment Securities. Col
ect Coupons and Dividends. Negotiate Loans and
draw Bills of Exchange on London.
Agents of the
CAMBBIA IRON COM PAN!'
of JOHNSTOWN, Pa., for the sale of their
IRON and
STEEL RALLS.
All business relating to the Construction and Equipof Railroads nnlertaken.
ment
VI
Insurance.
Insurance.
Commercial Cards.
The North
E.R.Mudge,Sawyer&Co
1HE
OFFICE OF
AGENTS FOR
Mills, Chlcopee Mfs Co.,
Kurllnston Wooleu Co.,
Ellcrton New Mills,
_.,„_
Atlantic Co ton Willis,
Saratoga Victory Mfg Co.,
43
HKW YORK
CBADSOST
a WBITK STKMT.
Dni , 15
PHILADF.LPHIA,
*
_
ST.
,
W. DAYTON,
J
S.
280
OF
^ATLANTIC
is
BROAD STREET,
29
P.O. Box
ESTABLISHED 1809.
Mutual Insurance Co.
W. ROSENFELS,
Produce, Provisions and Naval Stores,
NEW
2432.
YORK.
Nbw Yobs, January Si, 1877.
The Trustees, In conformity to the Charter of the
Company, submit the following Statement of its
affairs on the 31st December, 1876:
Premiums received on Marine Risks
from 1st January, 1876, to 81st De$4,9»,1W<»
cember, 1876
Premiums on Policies not marked off
1st
Olyphant &
Co.,
No
COMMISSION MERCHANTS,
Canton, China.
Paid-up* Subscribed
Bisks, nor upon Fire disconnected
with Marine Risks.
from 1st JanuDecember, 1876.... 45,061,096 IS
Losses paid during the
off
New York.
St.,
ONLI
Direct Line to France.
The General Trans- Atlantic Company's
Mail Steamships,
cities
and towns.
CHAS. E. WHITE,
, er8.
Mana<S«sMana
SAM. P. BLAGDEN, f
CHAS. CALDWELL, General Agent.
l
Railroad Material, &c.
367,000 00
Premium Notes and Bills Receivable,.
Cashln Bank
I,81»,504 38
Calling at Plymouth for the landing of
The splendid vessels on this favorite route, for the
Continent-cabins provided with electric bells— will
sail from Pier No. 50 North River, foot of Morton St.,
15. 10
A. M.
LAURENT. Lachcsnez. .Wed., August 22, 4 ?. M.
Wed., August 29. s A. M.
AMERIQUE, Pouzolz
PRICE OF PASSAGE IN GOLD (Including wine):
•ST.
cabin. * 00; second cabin, I 5; tnird
steerage, $26— including wine, bedding and
PHELPS,DODGE&Co
IMPORTERS AND DEALERS IN
&
Tin
To Plymouth, London or any railway station In
England— First cabin, jttH) to J100, according to accomcabin, t> 5; third cabin, $35, steer; second
age, $27, including everything as above.
Return tickets at very reduced rates, available
modation
through England and France, steamers marked thus
* do not carry steerage passengers.
For passage and freight apply to
LOUIS DEBEBIAN,
Agent, 55 Broadway.
865,013 74
OF ALL SIZES AND KINDS.
PIG TIN, RUSSIA SHEET IRON,
$15,694,867 81
Total-amount of Assets
CHARCOAL AND COMMON SHEET IRON
Six per cent. Interest on the outstanding
certificates of profits will
be paid to the holders
thereof, or their legal representatives,
on and
after
LEAS, SHEET ZINC, COPPER,
Spelter, Solder,
certificates of the Issue of 1878
be redeemed and paid to the holders thereof, or
their legal representatives, on and after Tuesday,
the 6th of February next, from which date all Inter
MANDFACTCREP.8 OF
The outstanding
Will
est thereon will cease.
The
certificates to
be pro-
duced at the time of payment, and canceled. Upon
which were Issued for gold premiums,
the payment of Interest and redemption will be in
Certificates
COPPER, RRASS AND WIRE.
Fust-class, full-powered, iron screw steamers,
Pier No.
North
it.
For HAY1I, COLOMBIA, ISTHMUS
(Jam.) and
ATLAS
CLAR1BKL
Superior
on the net earned premiums of the Company
December, 1876, for which
certificates will be issued on and after Tuesday, the
for the year ending Slst
PlM,
By
OF PANAMA,
Aujustl4
...Augusts
J.
Night's Rest.
Only 42 miles of Rail.
Time, 60 minutes.
THE NEW MAGNIFICENT STEAMER,
MASSACHUSETTS,
,l
(
The Palace Steamer of the World,")
AND THE WORLD-RENOWNED STEAMER,
RHODE ISLAND,
The Queen of the Sound,")
will, on and after MAY
leave (dally) from Pier 2?,
l"
7,
N. R.. foot of Warren St.. at 5 P. M., arriving at Providence at 6 A.M., and Boston at 7A.M. No intermediate landings between New York and Providence,
AGENTS FOh
BORDEN miNING COMPANY,
PALI,
H.
CHAPMAN,
TRUSTEES
I. D, Jones,
l,t
W. H. H. Moore,
Charles B. Russell,
Secretary.
RIVER IRON WORKS COm'V
NAILS, BANDS, HOOPS
William Storgti,
William E. Dodge,
Thomas F, Youngs,
Josiah O. Low,
Royal Phelps,
John D. Hewlett;
Charles P. Bnrdctt;
A.Hand,
William H. Webb,
Francis Sklddy,
Adolph Lemoyne,
Charles H. Marshall,
Robtrt L. Stuart,
Frederick Chauncey,
Adam T. Sackett,
Bdmund W. Corlies,
J.
D.
Charles Dennis,
Lewis Curtis,
Daniel S. Miller,
William Bryce,
'.
James Loir,
Gordon W. Bnffebam,
David Lane.
C.
A Whole
York,
AND RODS.
CO.,
FALL RrVER LINE STEAMERS.
passenger accommodation.
CO., Agents,
No. 58 Wall Street.
VIA PROVIDENCE DIRECT.
New
OLD COLONY STEAmHOAT
FOKWOOD 4
Providence Line
TO BOSTON,
St.,
CUMBERLAND COALS.
order of the Board,
HAYT1.
Argu6tn
THE NEW
71 "West
Ed of April next.
About eept.6
first-class
dc
is de-
(via Asplnwall),
ALP3
KINGSTON
dividend of Forty per Cent,
LOVKIL
Borden & Lovell,
COMMISSION MERCHANTS
clared
P.lver.
and SOUTH PACIFIC PORTS
AIDES
For
from
A
L. N.
WM. BORDKN.
70
Atlas Mail Line.
Antimony, Ac.
Tuesday, the 6th of February next.
gold.
BI-MONTHLY SERVICE TO JAMAICA, HAYT1,
COLOMMAand ASPIN WALL, and to PANAMA and
SOUTH PACIFIC PORTS (via Asninwall.)
Roofing Plates,
401,850 19
To Havre— First
utensils.
New York.
Between John and Fulton,
1,770,800 00
wise...:
Real Estate and Bonds and Mortgages
Interest and sundry Notes and Claims
due the Company, estimated at
BETWEEX
;
$10,000,000 00
CLIFF STREET,
The Company has the following Assets, vl*.l
United States and State of New York
Stock, City, Bank and, other 8tocks.$U,058,700 00
Loans secured by Stocks and other-
NEW YORK AND HAVRE.
Passengers.
Wed., August
S1.665.19S 4*
same period
Returns of Premiums and
Expenses.. $1,088,410 85
Steamships.
cabin, $35
Capital.
Fire Reserve and Surplus Fund,
6,663,842 95
Jan. 1st, 1877
Life Assets and Annuity Fund,
Jan. 1st, 1877
14,493,37* 50
The Fire and Life Assets are separated by Special
Act of Parliament, and the funds of one Department cannot be used or applied for the benefit of
the other.
The Company transacts only a Fire business iu
the United States, and has agencies in the principal
ary, 1818. to 81st
Co., of China,
CANADA.' Frangeul
UNITED STATES BRANCH:
54 William, Cor. Pine St., New York.
ESTABLISHED 1866.
Policies have been Issued upon Life
Premiums marked
RSPBK3BNTED BY
104 Wall
».17»,8W 0T
January, 1876
Total amount of Marine Premiums.. 87,101,467 73
Hone Kong, Shanghai, Foochow *
OLYPHANT *
and
LONDON AND EDINBURGH.
Chrbtnut Btbmt.
EXPORT COMMISSION MERCHANT
British
Mercantile Ins. Co.,
Washington
HOSIERY, SHIRTS and DRAWERS.
BOSTON.
XXV.
[Vol.
THE CHRONICLE.
-
Alexander V. Blake,
Robert B. Min turn.
George W. Lane,
Works,
Locomotive
MANUFACTURERS OF
Locomotives, Stationary; Steam En*
and Tools,
MANCHESTER, N. H.
BLOOD, W. G. IttEANS,
glnes,
ARETAS
Superintendent
Manchester. N. H.
Treasurer,
40
Water
sti eet,
Boston.
Steel Pens.
James G. DeForeat,
Charles D. Leverich,
Horace Gray,
John
Elliott,
William H. Fogg,
Peter V.Elng.
JONES,
President,
CHARLES DENNIS, Vice-President
W. H. H. MOORE, Sd Vioe-Preslde, jt,
A,
MANCHESTER
a BAVBN,«dYle?-r;c;14aAW
JOSEPH GILLOTT'S
STEEL PENS.
J
Sold by all draL-rTthroughout the World.
Kuocst
"^
THE CHRONICLE
11, 1877.]
Publications
Miscellaneous
CHARCOAL
vliii;
11
MINING AND
HOISTING PURPOSES, la
Prof*.
cllned Planes, Triimiulmon
AlBO tiaiof Po«r„r. Ac,
''>
&
Pirn For wood
the
of
Co.,
most eminent GENERAL COMMISSION MERCHANTS,
he
'>
superior quality,
suitable for
Cotton.
"CHOICEST LIIKIItTllUE
DAY.»-K Y. Trtbunt.
Wire Rope.
AND
STEEL
IRON of
Tii
authors, such as
Muller, I»rof.
Max
BOX 61
P. O.
New Orleans,
Hon. w.
Execute orders
P. O.
3,
BOX 4964,
New
La.
York.
ndall, let.
for Future Contracts In New York
E.Gladstone, Dr.W. II. and
Liverpool, and make advances on Cotton and
jvuri'/ccl Charcoal and BBxor
Carpenter, Prof. Hux- other produce consigned to
hips' lllgging. Suspension
ley. K,A.Proclor,FranLEECH, HARRISON 6c FOR WOOD,
ltrlilgcs. I>i rrlcK<;uy«,>YrrT
crs Power Cobbe, The
A large stock
Hope*, Ac.
LIVERPOOL.
constantly on hand from
11 u he of Argyll, Jas. A.
Also, execute orders for Merchandise In
lengths
desired
which any
arc cut. FLAT BTEKL AND
Froude Mrs. Muloch, England, China, India and Singapore.
IKON ROPES for Mining
Mrs. Olipbant, Mrs. Alexander, Miss
purposes manufactured to
UNDERWRITERS IN NEW ORLEAN8
order.
Thackeray, Jean Ingelow, George
for the
MAsON & CO.,
.
MacDonald,
William
Black,
Anthony
British
Ac Foreign marine Insurance
43 Broadway, New York.
Company of .Liverpool.
Trollope, Matthew Arnold, Henry
KliiKSley, Francis Gulton, W. IV.
,
Publications.
THE
Financial
arc represented in the pages of
Review,
(ANNUAL),
8 V V
1
.
LEADING FOREIGN NOVELISTS.
CONTENTS.
— National
and an amount
Unapproached by any other Periodical
In the world of themosi valuable literary and scientific
in* tier of the day, from the pens of the l ka hi Mr
Bank Figures and
New York City— Bank Return.,
THREE AND A QUARTER THOUSAND
London— Money Market and Bank Retnrna.
States
— Foreign
Trade
Commerce,
Tonnage of Trunk Railroads and
Canals.
New York City— Prices
ports, Imports,
of Merchandise, Ex-
New
Philadelphia ** loquirer."
" With it alone a reader may fairly keep up with all
that is important in the literature, history, politics
and science of the day.*'--'* Trie Methodist, N. Y.
1870.
Production, Exports and Imports of Gold and
Silver in tbe United States.
from 1863 to
Investments of Financial Corporations in
New
City.
Money
United States Debt and Securities—
and Securities-
State Debts and Immunity from Prosecution.
Prices of State Securities, 1860-1377.
Railroads and their Securities-
65 Beaver
GEO. W.
1
St. &. 20 Exchange
ILI.IAMS b CO ,
)
& Commission
Bankers
Prices of Railroad Stocks, 1872-18T7.
U. 8. Cotton Crop and Movement, 1815-78.
European Movement (Ellison's Circular.)
PRICE IN CLOTH
:
$1 00
Toallothera
i 0.5
B. 1>A\A
PUBLISHERS,
<fc
1868.
OHABLE8TOX,
CO.,
81 William Street, N. Y.
18
Box
JOURNAL,
%\ .Viper annum.
M
3 60
**
5 00
EXCHANGE PLACE,
1,896.
>
NEW YORK
)
AND
COTTON FACTOR,
No.
89
BROAD STREET, NEW TORE.
Orders executed at the Cotton Exchange, and advances made on consignments of Cotton and other
Produce, and upon shipments to correspondent. In
Liverpool.
Robb &
Peet,
BANKERS AND COMMISSION MERCHANTS,
No. 68
WALL STREET
New
York.
Advances mad, on Consignments. Special attention
aid to purchases or sales of " Cotton Futures." Bills
Exchange on the CITY BANK, LONDON, and
CO., PARIS.
or
aOTTINQDER &
&
H. Tileston
Co.,
Geo. Copeland,
COTTON BROKER.
136
PEARL STREET, NEW YORK.
New
York.
Krohn
Walter
oc
COTTON BROKERS,
53
BEAVER STREET, NEW YORK.
McAlister
&
Wheless,
COITON
COMMISSION
71 Kit <- II A
NASHVILLE, TENNESSEE.
NT
Spnclal attention given to Spinners' orders. Corra
epondftnee solicited.
Kefir incks.— Third and Fourth National Banks,
and Proprlstora of Tai Cesonioli
Lamkin
&
Eggleston,
Cotton Factors),
YICKSBURG, HISS.
THE INDUSTRIAL RECORD CO.,
P. O.
B. O.
Place,
A. L. Richards,
Record.
extended circulation among woolen, cotton and
silk manufacturers and operatives In the United
States and Canada and in Europe.
The Supplement, also published monthly, con
tains designs and weaving directions for all woolen
fabrics, ginghams, and prints from the newest
foreign samples, and of original conception. Also
samples of and recipes for standard new and novel
effects In dyes and color*. It is indispensable to
weavers, designers ind dyers.
The terms of Subscription are as follows
Record
Merchants,
shipping and Commission merchant
Review
is the oldest and best publication of
the English language, and has a most
BUPPLKJfENT
Boih Publications
Address
Co.,
Liberal advances made on consignments of otton.
Orders executed at the Cotton Exchange for the purchase and sale of contracts for future delivery.
DEVOT&D TO THE TECHNOLOGY OF
TEXTILE ARTS AND DYEING IN
ALL THEIR BRANCHES.
Its class in
Cotton—
Subscribers of the Curohicie..
.TlOVrilLl
&
COMMISSION MERCHANTS,
OOTTON BUYERS * COMMISSION MERCHANTS
60 Stone Street, New York.
The Record
Railroads of the United States.
Railroad Preferred Stocks.
Railroad Earnings.
Prices or Railroad Bonds, 1873-1877.
&
Williams, Birnie
OrtfAr. In Futures executed at N. V. Cotton RT<*tmns«
Manufacturers*
& Industrial
Boston.
Hopkins, Dwight&Co.,
Rotten.
THE
A
Prices of U. 8. Bonds, 1860 to 1877.
79
The
Street,
COTTON FACTORS & COMMISSION MERCHANTS
No. 134 Pearl Street, New York.
monthly that comes every
ESTABLISHED
Debt of tbe United States.
WILLIAM
publications.*'--"
eclectic
A
LITTELL A GAY,
Showing Accumu-
Stocks.
To
our
•* Faiely
without a rival.**—" Congregationalism
Bo«'on.
" The best periodical in America."—"Rev. Dr. Cuyler
Indispensable to every one who desires a thorough
compendium of all that w admirable and noteworthy
** Huh Eon / oat/'
in the literary world.
*• Ought to
find a place in every American Home.*'—
New York •* Time?.'
pPBListiKri Wbiklt at $8 00 a year, free of postage:
or for $10 SO Thk Living Agk and either one of the
American %\ monthlies (or Harper's Weekly or Bauar)
will be sent for a year, both postpaid; or, for f»9 50,
Thk Living agk and bcribuer'a Hi. Nicholas or
Appleton*s Journal.
Address^
in a Series of Years.
Table Showing the Rate Per Cent realized on
Securities Purchased at different prices.
Stock Speculation in New York.
Table Showing the Interest Cost of Carrying
State Debts
44 Broad
Liberal advances made on consignments. Prompt
porsonal attention paid to tbe execution of orders for
the purchase or sale of contracts for future delivery.'
—
Principles Relating to Investments.
Interest Table,
alt
York.
tore,
AJED
'
Market
New Ys:k, 1671-1877.
Investments and Speculation-
lations of
of
New
the cheapest.
thron.
1877.
Prices in
York
best
week."—1 * The Advance," Chicago.
"A pure and perpetual reservoir and fountain of
entertainment and instruction.**— Hou. Robert G Wla-
Foreign Exchange-
Compound
"The
Nation,"
"And
Prices of Silver in London.
New York,
and Politics.
" It reproduces the best thoughts of the best minds of
the civilized world, upon all topics of living interest.**—
new
125 pearl street,
In all branches of Literature, Science, Art,
Gold and Silver-
Influences on the
commission merchants,
ABLEST LIVING WRITERS
York, and Prices of Call
Loans and Commercial Paper since
Prices of Gold in
freshness, owing to Its
weekly issue, and with a satisfactory completeness
attempted by no other publication, the best Kssayp,
Kevlews. Criticisms, Ta e?. sketches of Travel and
Discovery, Poetry, Scleutltlc, Biographical, Historical
and Political Information, from the entire body of
Foreign Periodical Literrture.
It is, therefore, invaluable to every American reader,
as the only fresh and thorough compilation of an
Indispensable current literature,— indispensable because It embraces the productions of the
and Domestic Receipts.
Tbe Money MarketInfluences in
double-column octavo pages of reading matter yearly'
It presents In an inexpensive form, considering its
amount of matter, with
Balance, U. S. Exports and Imports Leading
Articles,
Thk Living agk (In which its only competitor,
Evkry Saturday. " Ins been merged) is a weekly
magattne of sixty-four pages, giving more than
*c.
CommercialUnited
KSSAVISTS, SCIENTISTS. CRITICS UISCOVEHKi;s AND KDITOKS, representing every department
01 Knowledge and .Progress.
Co.,
COTTON
"
Currency Movement-.
.
J* n. 1, 1877, Thk Living Aok enters upon its iS2d
vola-ne, wi'n tne continued commendation of the
best men and Journals of the country, and with con*
Bluntly Increasing success.
In 1877 It will furnish to its readers the productions
and many
of the foreraoRt authors above-name
others; embracing the choices; Serial ana Bnort
tiiorles by the
i
Retrospect of 1876.!
mercantile Failures.
Banking and FinancialUnited States
Littell's Living Age.
&
R. Smith
B.
Story, Anerbach, Kuskln, Carlyle,
Tennyson, Drowning, and many others,
Orders to purchase Cotton in our market solicited.
Refer to Messrs. NORTON, SLAUGHTER a CO
New York.
THE CHRONICLE.
viii
J. B.
&
Henry Hentz
Co.,
176 Pearl
New
St.,
BANKERS
JAMES FIM..VY
CO.,
It
HICIR &
&
H. W.
H.
New
1
Vork.
Transact a general banking business. Particular attention given to accounts of Banks and Bankers.
Advances made on consignments of Cotton, Wool
CO.,
and
New York and Liverpool.
J.
I
Cotton Factors
I
CALCUTTA AND BOMBAY.
FUTURE CONTRACTS FOR COTTON bought
gold on commission In
GRINNAN * DUVAL,
and Commission Mkkohants, f
GALVESTON, TCXAS. j
[
Also execute orders for Merchandise through
Messrs. FINLA1T,
Co.,
&
P.
O Box
New
Special personal attention to the purchase and sale
CONTRACTS FOB FUTURE DELIVEK1 " OF
COTTON
FOREIGN
GOLD COIN, STERLING AND OTHERCORPORAEXCHANGE, GOVERNMENT AND
TION BONDS, STOCKS AND SECURITIES OF ALL
sold on commission.
Accounts or
Mercantile Firms, Banks, Bankers, and Corporations,
received; and Advances made to our customers when
desired, on approved securities, Including commercial
"me paper received for collection, to such extent.and
In such manner, as may be In accordance with the
nature of their accounts.
which prompt
CORRESPONDENCE SOLICITED, to
attention
Is
&
&
78 "Wall
Stillraan,
delivery of cotton.
Dennis Perkins
made on con-
&
Co.,
117 Pearl
New
&
B. P.
made on consign
ments.
BABCOCK
&
New
CO.,
tc
Tames
F.Wenman & Co
COTTON BROKERS,
No. 146 Pearl Street, near Wall, N.
Established (in Tontine Building)
Y
1841.
L. F. Berje,
COTTON BUYER AND COMMISSION MERCHANT,
purchase or sale of future shipments or deliveries.
NEW ORLEANS, LA.
BLOSS & INCHES,
Advances made on consignments, and all information
COTTON PACTORS
and order* tor the
friends, Messrs. D.
WATTS &
&
New Orleans.
Knoop, Hanemann & Co
COMMISSION MERCHANTS,
52 EXCHANGE PLACE,
NEW YORK.
GENERAL COMMISSION MERCHANTS
142 Pearl Street, New York.
J. L.
MACATJLAY.
Macaulay
A. J.
&
MACAULAT.
Co.,
COMMISSION MERCHANTS,
22
WILLIAM STREET,
NEW
YORK.
Future Contracts for Cotton bought and sold on
Commission in New York and Liverpool.
Mancbester and Liverpool,
Bliss
&
«fc
CO.
Bennet,-
GENERAL
Robt. L. Maitland& Co.,
COTTON FACTORS & COMMISSION MERCHANTS,
No. 43 Broad Street, New- York.
EdwardH.Skinker&Co.
New York.
Bpeclal attention given to the execution of orders
or the ourchase or sale of Contracts for Future
*>ellvei».
Sawyer, Wallace
&
Co.,
COTTON FACTORS & COMMISSION MERCHANT
47 Bread
Street,
Company on
the first
July, 1877.
$3,000,000 00
CASH CAPITAL
1,834,003 10
Reserve for Re-insurance
day
el
Reserve for Unpaid Losses and
Dividends
267,780 92
1,041,490 75
NetSurplus
TOTAL ASSETS
$6,143,274 77
SUMMARY OF
Cash In Banks
Bonds and Mortgages, being
ASSETS.
f417,5S4 S3
first lien
on
1,932,853 00
2,734,000 00
248,01)1 50
186,458 00
Bank Stocks (market value)
State and City Bonds (market
value)
Loans on Stocks, payable on demand
427,831 35
67,333 24
92,082
6,538 20
(market value of Securities, *5T0, IT 25)
Interest due on at of ,Iuly,li:7
Balance in hands of Agents
..........
Real estate
Premiums due and uncollected on Policies
i
W
',
—
9,923 36
Issued at this ollico
$6,143,274 77
Total
II
<
J.
As. J.
H.
MARTIN,
WASHBURN,
President.
Secretary.
iETNA
Insurance Company
OF HARTFOKD.
INCORPORATED
AND COTTON MERCHANTS,
97 Pearl Street, New York.
IN 1819.
Total Asset*, January 1, 1877
$3,000,003 90
Capital
Re-insurance fund. ... 1,741,273 42
Unpaid losses & ether
429,114
82-
$7,115,624
.
;
4-2
„„„
5.170,383 84
NET SURPLUS, Jan. 1817.. $1,945,236 18
BRANCH OFFICE:
No. 173 Broadway, New York.
1,
JAS
.
A.
ALEXANDER,
Liverpool
Agent.
&
.COMMISSION
COMMISSION MERCHANTS,
121 Pearl Street,
SHOWING THE
Condition of tlie
claims.
EOtrass nr
DE JERSEY
BROADWAY.
135
Semi-Annnal Statement,
AND
Co., 51
one street, New York, and Messrs. D. A. GIVEN
feON, 64 Baronne Street,
OFFICE, No.
United States stocks (market value)
Co.,
LIVERPOOL,
COTTON
Company
NEW YORK.
real estate (worth $4,641,500)
21 Brown's Buildings,
orded by our
HOME
Forty-Eiglitli
LIVERPOOL.
the purchase or sale of contracts for luture delivery
C. Watts
Co.,
Orders executed at the Cotton Exchanges in
Bpeclal attention paid to the execution of orders for
Solicit consignments of
"
OF
York and Liverpool, and advances made on Cotton
and other Produce consigned to them or to their lirm
A>'D
W.
GANGS OF RIGGING MADE TO ORDER.
195 FRONT STREET, NEW YORK.
Insurance
York.
50 Wall Street, New York.
MERCHANDISE DEPARTMENT.
York.
abroad.
advances
Street,
TARRED
FOR EXPORT AND DOMESTIC USE
signments.
General Commission Merchants.
Liberal
Liberal advances
A-
CORDAGE,
orders
contracts for future
Babcock Brothers
New
Street,
Cotton Factors
of cotton.
he execution of
SIS XL, JTl'E
COTTON BROKERS,
SEAMEN'S BANK BUILDING.
Nos. 74
Special attention paid to
York.
MANUFACTURERS OF
MANILA,
NEW YORK.
for the purchase or sale of
Sanders,
Henry Lawrence & Sons,
COTTON EXCHANGE BUILDING,
alwayB given.
Woodward
New
Vork.
ot '
&
TIN PLATES, METALS,
AND
Advances made on Consignments.
KINDS, bought and
Miscellaneous.
STEEL AND IBON RAILS, &c, &c,
1 04-106 JOHN STREET,
GENERAL COMMISSION MERCHANTS
Street,
3,909.
Investment Securities bought and sold. Orders exe
cuted at the Cotton Exchanges in New York and Liver
pool. All Business transacted Strictly on Commis
sion, so that no interest of our own can possibly
conflict with that of our patrons.
Co.,
Cotton Factors
MERCHANTS,-
132 Pearl
1
BANKERS & COTTON COMMISSION MERCHANTS
Congreve
Ware, Murphy
AXT>
FINANCIAL. AGENTS,
Co.,
R. M. Waters & Co.,
56 BROAD ST., NEW YORK.
New York and Liverpool.
Farley,
&
C. Johnson
Hides and Grain.
Future contracts bought and sold on commission. In
COTTON FACTORS,
COMMISSION
J.
COTTON BUYERS FOR MANUFACTURERS
ANT)
f
AND GLASGOW.
LIVERPOOL, LONDON
&
GENERAL COMMISSION MERCHANTS,
118 PEARL STREET,
York.
Advances made on Consignments to
Messrs.
b. a. DtrvAL.
GBINKAN.
COMMISSION MERCHANTS,
&
ALPHONSK LAtTVH
Grinnan, Duval
GENERAL
174
Cotton.
Cotton.
Cotton.
XXV
[Vol.
New York.
&
H.
215
Bro.,
Baker
J.
PEARL STREET. NEW YORK
IMPORTERS AND MANUFACTURERS OF
Prime Quality Chemical Manure
Chemicals for the VHle formulas, for all Crops.
Chemicals for the Stockhridgfi formulas.
Dissolved Bone— Sulphate Ammonia, Nitrate Potaali
Nitrate Soda, Sulphate of Potash, Muriate of Potash
Super-phosphate Lime
40 per cent actual Potash.
Also, strictly pure ground Bone.
Our descriptive^Irculars mailed free. The materia
for special fertilizers for pai tioular trops.
.
London
<jf
Globe
Lnsurance Company,
45 William St,
Assets
In the U.
S.,
$3,000,000
@FedFRASER