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HUNT'S MERCHANTS* MAGAZINE.
REPRESENTING THE COMMERCIAL AND INDUSTRIAL INTERESTS OF THE UNITED STATES
'^YOL.
NEW
31.
YORK, AUGUS'l
NO.
14, 1880.
Financial.
Financial.
Financial.
Geouoe Stabk.
N.
PHELPS,
F. P.
OLCOTT,
I.
JAMES STOKK8.
ANSON PHELPS STOKES,
45
A;
Co.
New Vork.
COM^HERCIAL. CREDITS,
in Dollars for use In
United States, Cuba,
4c.,
n Pounds Sterling, available In any part of the world.
TRAVELERS' CREDITS and
Also,
BANKERS,
New
52 William Street,
BANKERS,
47 'Wall Stre«t,
CIRCVI.AK NOTES.
John
Anversoise,
S.
Kennedy.
S.
J.
Ifork.
Sexnedy
j.
&
Kennedy
-
-
BOARB OF DIRECTORS
President.
Alfbbd MA(jni:fAY (Graff & Maqulnay). VIce-Pres
J. B. Von dkb Bkckk (B. Von der Becke).
Otto Gunthkr (CornelUe-UaTld).
JiMII-E DE GcTT\L.
Ad. Frank ( -'rank. Model * Cle.)
Auo. NoTTEB)HM (Nottebobm Frcres).
Fn. Dhanis (Mlclilels-Loofi).
JoH. Dan. Fuskmakn, Jr. (Job. Dan. Fahrmona).
Louis Wkbkr (Ed. Weber & Cle.)
jTJLxa Kautbnstbauou (C. Scbmld & Cle.)
GENERAI. BANKING
Asa
p.
Pottkr. Prest.
J. J.
A
BUSINESS.
Eddy
Cashier.
BOSTON,
SURPLUS,
discounted,
Cor-
respondence invited.
Lewis H. Taylou,
L.
Jr.
H. Taylor
LINDLKY HAINKS
&
Co.,
SOUTH THIRD STREET,
PHILADELPHIA.
Coleman Benedict & Co.
STOCK AND BOXD BROKERS,
34 BROAD ST., NEW YORK.
Stocks, Railroad Bonds, Governments, and
R. T. Wilson
&
Sickbls.
&
Co.,
BANKERS AND BROKERS,
54 trail Street, Ne\T ¥ork,
COMMISSION.
COMMERCIAL PAPER NEGOTIATED.
all
Se-
».
Stock ^
Bxch.
a*
R. A. Lancaster & Co.,
BANKERS AND BROKERS,
66 BROADWAY, NEW YORK,
A. P. Turner & Co.,
RANKERS.
BOUlBERIf SECUKIT/FS A KPKC!AJ.1Y.
LOANS NEGOTIATED.
INTEUEST ALLOWED ON DEPOSITS.
No. 207 Walnut Place, PHILADELPHIA.
Government, State. Municipal and Ilailway Bonds
and Stocks bought and sold ut all the E <elianjj:es.
Investments prudently made in sound railway seCollections promptly attended to.
Cnrreapf^ndents caretuljv represented at Auctions
Bonds of eood but not wellSales.
known railroads always wanted for investments at
the best rates. Orders on margins not entertained.
curities.
Schley
&
Mercein,
ESTABLISHED
1850.
Bought and Sold on Connnlsslon.
Virginia Tax- Receicuhle Coupom Bought.
WALSTON
H.
I>IanieipaI Bond?* of thp Northwestern States
a S^peciaity,
AI.BERT H. Vernam,
Edward N. Bond,
N. Y. Stock Exchange.
BANKERS,
II Pine Street, Neir YorK.
SPECIAL ATTENTION GIVEN TO THE NEGOTIATION OF
RAILROAD SECURITIES.
Howard
.
Co.7~
BANKERS AND COMMISSION MERCHANTS,
% Kxcliange eoort, Vi sw York.
D. SETMOtrn Willard,
Lapslet,
Members N. Y. Stock Kxchange.
Special.
New
Street, Nenr Fork.
Bonds and Governments Bought and Sold,
on Commission, either for investment or
carried on marein.
No. 45
WaU Street,
Interest allowed on deposits.
Investments carefully attended
Kountze
Brothers,
BANKERS,
A. H. Brown
130
Broadway
(Equitable Bolldlng),
NEW YORK.
LETTERS OF CREDIT
AND
CIBC1JL.AR
to.
&
Co.,
BANKERS AND BROKERS,
T 'VTall St., Cor. New, New Vork.
INTBSTMENT SECURITIES.
Special attention to business of country Xxaala.
Co.,
STOCK BROKERS,
15 BROAD STREET,
New York.
Stocks,
Transact a general banking and brokerage business in Railway Shares and Bonds and Government
&
No.
strictly
fEstablishcd 1854.]
Cyrus W. Field,
Jr.
Lapsley, Field
Company,
Gwynne & Day,
FRED. A. BUOWN.
Walston H. Brown & Bro.
Member
&
BROWN.
Cybos W. Field,
securities.
curities dealt In at the New York Stock Exchange
bought and sold for Investment or carried on margin, strictly on commisstun.
)
John
Y. Stock Kxch.
DEALERS IN
Flrst-Class Investment Secnrttles.
BONDS,
GOVBRN.MENT
STATS, CITY, COUNTr,
KALLROAD* MISCKLLANEDL'S SKCCKITIBS
No. 34
Securities.
Coleman Benedict, ( Membora
w„^,
„
N. tr
T.
JAS. McGOTBBN, Jk.,
Sand.
Sand Brothers
BANKTBRS AND BROKERS,
Deposits received subject to check at sight, and
Interest allowed on daily balances.
Btocks, Bunds, &^>.. bought and sold on commission
in Philadelphia and other cities.
Particular attention given to information regard-
ng Investment
E.
Member N.
A. PETIT,
A IV business relating to the Construction and
Equipment of Railroads undertaken.
Vernam
Bankers and Brokers,
140
;
NEGOTIATE LOANS AND DRAW BILLS OP
EXCHANGE ON LONDON.
Business from Banks
business paper
EDWAUD
STOCKS AND BONDS BOUGHT AND SOLD ON
RAILROAD INYESTUEST SECURITIES
solicited.
Satisfactory
Max
Tdeo. V. Sand.
Tod.
.--....- $400,000 inve:stme>x brokers,
....... 400,000
milwaukee. wisconsin.
COLLECTIONS a specialty,
and Rankers
Mortpiges bearinff from 7 to 10 per cent Interest.
Will undertake the negotiation of loans npoD
In large or small amounta.
Western City property
and Private
Maverick National Bank,
CAPITAI.,
Co.,
NeTV ITork.
9,000,000 Francs.
TEANSACTS
Stabk.
f.
No. 42 BROADWAY, NEW YORK.
Buy and sell Investment Securities for caah or on
commission. A specialty made of Western Farm
WILLIAM STREET,
Collect Codpons and Ditidknds
Fklix Gbisab,
&
George Stark
Co.,
BUT AND SELL
Paid-Up Capital,
John
BACKERS,
Bankers and Merchants,
No. 63
Antwerp.
Co.,
Accounts and Agency of Banks, Corporations,
Qnns and individuals received upon favorable terms.
Dividends and interest collected and remKted.
Act as agents for corporations in paying coupons
and dividends'; also as transfer agents.
Bonds, stocks and securities bought and sold on
commission.
Sound railroad and municipal bonds negotiated.
Sterling exchange bought and sold. Drafts on
Union Bank of London.
Banque
Centrale
&
Jesup, Paton
&
Phelps, Stokes
7eO.
NOTES
Issued for the use of travelers In
all parts of the world.
Bills drawn on the Union Bank of London
Telegraphic transfers made to London and to
various places In the United States.
sight, and InDeposits received subject to check at
terest allowed on balances.
and other bonds and Investment;**,
Government
ourities
bought and sold on commUalon.
THE CHRONICLE.
Vol. XXXI.
Foreign Bankers.
Foroisn Exchange.
Foreign Exchange.
Drexel, Morgan & Co., K.noblauch
WALL STKBBT,
& Lichtenstein,
COKNKR OF BROAD, NEW YORK.
Drexel, Harjes
Drexel & Co.,
Na.S4 South Thibd St.
81
&
Co
20 WiUiam
Tlie Netlierland
Excbanse
St., cor.
YORK.
Money Transfers.
a
Europe.
principal cities o
all
DeposltB
luterest avowee
ftc bought and sold on Coninitaeion.
CredltB
on DepoaitB. Foreign HJichauge. Commercial
Travelers.
;
.
Circular Letters for
Cable Transfers.
tTallable In all parts of the world.
AttoB'NBTb and ASBirpa of
CO.,
meamra. J. S.
No. ass OLD BROAD ST., LONDON.
MORGAN &
Brown
Brothers
&
No. 59 WAIili ST., N.
BDY AND SELL
Canadian
Co.,
NKW
OP
Office,
85,500,000 Paid Up.
Capital,
JOHN HAMILTON.
JOHN McLBNNAN,
President, the Hon.
Vice-President,
GERMANY, BEI.GIUM AND
GEORGE HAGUE, General Manager.
Issue Commercial aud Travelers' Credits
WM. J. INGRAM, Asst. General
JN SlEliLINO,
BANKERS
AVAILABLE IN ANY PART OF THE WORLD.
In Francs, In
and other countries, throogh London
and Paris.
on all
Hake Collections of Drafts drawn abroad and
points in the United States and Canada,
of Drafts drawn in the United States
on Fore ign Countries.
this
G.
S.
&
Comp'y.
AeKMTS 70K
CAPITAL, SURPLUS, #
&W. Seligman&Co.,
GEOKGE STEPHEN,
C. P.
BANKERS,
$12,000,000, Gold.
5,000,000, Gold.
Nob. 69
ic
COKNKR BKOAD STKKKT. NKW TOKK.
Issue Letters of Credit for Trayelers,
and make telegraphic
fers of money on Europe and Callfonala.
Draw
Bills of SzC'iiange
&
John Munroe
No.
trant-
Co.,
WALL, STREET.
WALTEB WATSON,
)
A. LANG,
J
Aspnts
Agents.
Buy and sell Sterling Exchange, Francs and Cable
Transfers grant Commercial and Travelers' Credits
available in any part of the world issue drafts on
and make collections In Chieago and threughout
the Dominion of Canada.
;
London
6c
PARIS.
CO.,
STKBLING CHEQUES AND BILLS AT SIXTY
DAYS' SIGHT ON
ALEXANRERS ic CO., LONDON.
J.
&
AND OEKDITS FOB TbaVBLBKS.
&
Stuart
Co.,
J.
33 NASSAU STREET.
BILLS OF EXCHANGE ON
Office, No. 9 BlreblH Lane.
British
North America,
No. 52
WALL STREET.
sell Sterling
Exchange and Cable Trans-
drafts on Scotland and Ireland,
also on Canada, British Columbia, Portland, Oregon,
San Francisco and Chicago.
Bills collected and other banking business trans-
Issue
fers.
demand
D. A.
acted.
BANKERS, LONDON;
MCTAVISH,
(
W. LAWSON,
Capital,
OnANCHESTER & COUNTY BANK,
LIMITED ;"
MANCHESTER, PAYABLE
H. S.
Ilf
LONDON
A„pnt8
Agents.
S
$1,000,000.
HOWLAND, President; D.
HEAD
;
R.
WILKIE,
Cashier
OFFICE, TORONTO.
VLSTER BANKING COMPANY,
Bbanohbs:
BELFAST, IRELAND
PORT COLBORNE, ST. THOMAS
rSGERSOLL, WELLAND, DDNNVlLLE, FERGUS.
ST. CATHARINES,
AND ON THB
NATIONAL BANK OF SCOTLAND,
EDINBURG, AND BRANCHES;
Dealers In American Currency and Sterling Exchange-
Agents m London:
BosANQUBT, Salt & Co.,
ALSO.
UABLE TRANSFERS AND LETTERS OF CREDIT
93
Lombard
street.
I
Agents
In
New York:
Bank of Montebal,
)
59
Wall
street.
Promptest attention paid to collections payable In
-any part of Canada.
Approved Canadian business paper, payable In gold
or currency, discounted on reasonable terras, and
proceeds remitted to any part of the United States bj
gold or currency draft on New York.
Foreign Bankers.
New
|No. 25 Pine Street,
York.
Purchase and sell, on Commission, GOVERNMENT,
STATE, MUNICIPAL and RAILROAD BONDS
and STOCKS, and all classes of Securities dealt in
Ht the
NEW YORK STOCK EXCHANGE,
or
all
OPEN
COMMERCIAL PAPER
reputable Securities bought and sold in the
MARKET.
LOANS
and
negotiated. Interest paid on ^lEPOSITS subject to
obeck.
THOMAS
WILLIAM
B.
U. B0UDEi4 aal
Adolph Boissevain & Co.
BANKERS
ANt»
COMiniSSION mERCHANTS
AMSTERDAM, HOLLAND.
HATCH.
FKAKK JENKINS
'^K-ti^LjaaXSiiSK^
Issue commercial credits, make advances on shipments of staple merchandise, and transact othei
business of a financial character in connection with
he trade with the Dutch East Indies.
BLAKE BROTHERS &
CO.,
North America,
U WALL STREET, NEW YORK,
28 STATE STREET, BOSTON
AGENTS
Foil
Hong Kong &
Shanghai
BANKING CORPORATION.
CAPITAL (paid-up)
»5,0OO,00O
1,500,000
OFFICE,
BONO KONO.
The Corporation grant Drafts and
negotiate or
collect Bills payableat Bombay, Calcutta, bingapore,
Saigon, Manila, Hong Kong, Foochow, Amoy
Ningpo, Shanghai, Uankow, Yokohama, Hiogo, San
Francisco and Loudon.
A.
ra.
ToW^ SEND, Agent, 59 Wall
St.
California Banks.
The Nevada Bank
OF SAN FRANCISCO.
New York Age«cy, 62 Wall
Street
invested In V. S.
$3,500,000 Gold.
Bonda,
OF
SMITH, PAYNE & SMITH'S, Imperial Bank of Canada
"
In Batavia, Soerabaya and Samarang
Correspondents in Padang.
Surplus,
Bank
Buy and
CIBOITLAB NOTB8
Agencies
AGENCY OF THE
No. 8 'Wall Street, New York,
4 Post Office Square, Boston.
CHEQUES AND CABLE TRANSFERS ON
MUNROE
($4,800,000 Gold.)
OFFICE IN AMSTERDAM.
BEAD
;
Payable In any par
KQd America.
of Europe, Asia, Africa, Anstralis
1883.
RESERVE FUND
rOKM OFFICE,
61
Established in
President.
8MITHERS, General Manager.
JY^IT
EXCHANGE PLACE,
New York.
AMSTERDAM, HOLLAND.
Agents
JB.,
Bank of Montreal.
62 WALL STREET. NEW YORK.
28 STATE STREET, BOSTON.
S9
HARRIS
B.
America
Nederlandsch Indische
Handelsbank,
48 Exchange-place.
HENRY HAGUE,
JOHN
BARING BROTHERS & COMPANY,
J.
parts of the world, makes collections in Canada
and elsewhere, and issues Drafts payable at any of
the offices of the bank in Canada. Demand Drafts
issued payable in Scotland and Ireland, and every
description of foreign banking business undertaken.
G. C. Ward,
)
HEAD
all
New Yoric Agency,
for
>
1, ia79.
142 Pearl Street
Manager.
YORK—The Bank of New York. N. B. A.
IBAKKTELEGKAPH.C IKANSFEKS NKW
The New Y'ork Agency buys and sells Sterling ExOF moNliTf
change, Cable Transfers, issues Credits available in
Between
York, January
Pald-Up Capital, 12,00>,000 Gnlldera
LONDON, BNG.—The Clydesdale Banking
Martinique and Guadaloupe.
Esq.
OFFICE, MONTREAL.
HEAD
ON GKEAT BRITAIN AND TKELAND,
HOLLAND.
And
STANTON BLAKE,
HENRY E. HAWLEY,
Merchants' Bank
OF FXCHAWGE
FRANCE,
BIL,L,S
Bank!<i.
CANADA.
IT.,
1834.
)
HKTTXSCHK R*NK,
Securities, Gold,
KSTABLISED
Paid-up Capital, 36,000,000 Florins.
($14,400,000, Gold
Execute orders for the purchase or sale of Merchandise, Bonds, stocks, and other securities. In the
Unlled states, Europe and the East make Coilectlona
buy and sell Foreun Exchange, and give advances
upon Merchandise for Export.
OLIVER S. CARTER, ) Agent*
SPECIAL PABTHBR,
Rorlln.
DOMESTIC AND FOREIGN BANKERS.
Trading Society
OF HOLLAND,
Placte.
NEW
Make Telegraphic
Draw Bills of Exchange and lame Letter* oi Credit
Parts.
received auhject to Draft.
Hand el-Ma a tschappij,
BANKERS,
Boalevard BauBBmaan
Pblladelptala.
Nederlandsche
N. Y. Correspondenta-—MessrB.
BLAKE BROS. & CO
GEORGE
L.
BRANDEE,
Agent.
Issues Commercial and Travelers' Credits available
In any part of the world. Draws Exchange, Foreig
and Inland, and makes Transfers of Money by Telegraph and Cable. Gives special attention to Gold
and Silver Bullion and Specie, and to California
Collections and Securities; and arranges to pay
Dividends on such securities at due dates.
Bankers, London, SMITH, PAYNE 4 SMITHS.
UNION BANK OF LONDON.
do
do
YORK, N. B. A.
do New Y'ork, BANK OF
do AMERICAN Exchange Nat. BANK.
do
NEW
THE
Anglo-Californian Bank
(LIMITED).
LONDON, Head Office, 3 Angel Coort.
SAN FRANCISCO Office, 482 California
St.
NKW YORK
BOSTON
Agents, J. & W. Selieman & Co.
Correspond'ts, Massachusetts N. B'k.
Antliorlzed Capital,
Paid up and Reserve,
-
$6,000,000.
1,700,000.
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.
FHED'K F. LOW,
llHanairprs
IGNATZ STEINHART, i Managers-
P. N. LILI ENTHAL, Cashier.
Dodge, Potter
&
Co.,
BANKERS
AND
COTTON COMinSSION MERCHANTS,
34 PINE STREET,
Ne^r.York,
AOGCST
THE CHRONICLE.
14, 1880.J
Financial.
Financial.
BOXDS OF SUBFTYMIIP
FIDELITY UUARANTEE BUNDS
ARE I88UBD BY TUK
Boston Bankers.
Geo.Wm.Ballou&Co
For
and Kmployeea of Bank
and Ualiivay*.
Officers
BANKERS,
T* DeTonnhlre
14 Wall Street,
NEW YORK.
St.,
m
No Bank or Railuoad bmployeie Need ask his
FltI£MJ8 TO BECO.MK or CONTINUE HIS
BUUKTILS, AB TUE
BOSTON.
Canada Guarantee Co.
DEPOSITS BECKIVBD and INTERK8T AIXOWtD.
GRANTS BONDS OK SECURITV KOR AT.L
KLIGIBLK MKN IN HUCU POSITIONS AT A
-CUoIee KAIIiROAD and BIIJNICIPAI.
TRIFLING CHAIUJK I'KU ANNUM.
Thl8coni|mny'8 Suretyship \s accepted by many
SKCUKIXIES For Sale.
principal
H. Hiitlroad Compantea and sume
Geo. H. Holt.
Wm. ballou.
Geo.
&
Brewster, Basset
Co.,
BANKERS,
Rr. 85
CONGRESS STREET,
Boaton, niaaa.
BMcM. Bonda, Gold and Commeretal
D«&l<n In
Ordera executed on Commlaalon at Broken
AncUona.and ?rlTate
Board
Sale.
InveBtmeBt SecarltleB conatanttTon band.
sinijU contest at law.
&
Chas. A. Sweet
Co.,
The Available Assets of the Company fat
31st Dec, 1878) over and above uncalled
Capital,
And
BANKERS
were
tion to the
IN GOVERNMENT SECURITIES
County and Kallroad Bonds.
360
BANKER AND BR^KBR
&
Curtis,
&
HEAD OFFICE:
JanieN Street, Itlnntreal.
EDWARD KAWLINOS, Manager.
IDWARD POMEROr,
Wm.
B.
W. H. COX.JR., OSCAR B.SMITH
&
Pomeroy, Cox
Smith,
]M[a§9.
7?. tT.
Kimball <^
&
Wilson, Colston
BANKKIiS ANxJ
Co.,
B»y »nd
fcSVKSTMKNT and VIRGINIA BKCURITIB&
eoIicUed
and
Inforn-atlon
WILRIINUTON,
^a08.
P.
made on
for-
P-o.
Bank,
all T>arte
N. C.
Thos. P. Miller
&
/or Cath^ #^
tf4i
Stocks^ Bonds^ and ail InvetimMti
S*e»ritift,
lotf to lUit,
M
CHARLES
Room
24.
City,
t;<irre3pondent8.— German-American Bank, New
Tork LouiHianji National Bank, New Orleans Bank
of Liverpool, i-.iverpool.
;
;
Financial.
F. Zebley, Jr.,
BANKER AND BROKER,
NEW YORK,
ST.,
(Drexel Building)
Dealer In Investinent Secnrltles.
Orders executed at the Stock and Mining Exchanges,
Special attention given to Defaulted Railroad and
Municipal Securities of lUlnols, Kausag, Missouri,
Iowa and Nebraska.
Correspondence solicited and full mformation
given on all classes of bonds and stc cks.
BUNKER.
Secretary.
:
NEBRASKA
MISSOUKI, KANSAS and
ALSO,
All Classes op Railroad Bonds.
TOBEY
KIRK,
Sc
No. 4 Broad Street, Neiv York.
Oilman, Son
&
Co.,
BANKERS,
CEDAR STREET.
In addition to a General Banking Business, buy
and sell Government Bonds and Investment Securt*
ties
J.
C.
WALCOTT
CO.,
&.
BANKERS.
Transact a General Banking Business, buy and sell
on commission all securities dealt in at the New
York, Philadelphia and Boston Stock Exchange*,
Special attention
either for cash or on margin.
given to Mining Stocks.
Frank F. Dickinson.
WALCOTT,
Members N Y. Stock and Mining Exchanges.
Jos. C.
:
City of St. Joseph, Mo., 7 and 10 Per Cent Bonds.
City of Atchison. Kansas, Old Uonds.
County, City and Town Bonds of Western States.
Greenville & Columbia Riiilroud Bonds.
South Carolina Railroad Securities.
Indianapolis & St. Louis itjiilroad Bonds.
St. Joseph & Western Railroad Securities.
Flint & Pere Marquette Railroad Securities.
Port Huron 4 Lake Michigan RR. Certillcaies.
Buchanan County. Mi
souri.
Bonds.
Vork,
New England & Westera
INVESTMENT
nOBILE, ALABAMA.
payment.
R.
County and Towrnshlp Bonda
OF THE STATES OF
New
Co.,
Special attention paid to collections, w'vh prompt
remittances at current rates of exchange on day ot
BROAD
WM.
WANTED
Omaha & Northwestern Rll. Bonds and Stock.
B. GREENE,
Detroit & Bay City Railioad Bonds.
FOR SALES
BANKER AND BROKER,
Atchison Colorado & Pacinc Rlt. 1st Mort. Bonds.
Branch Union Pacific 7 Per Cent Bonds.
30 Broad St., New York. Central
Jersey City, N. J, 7 Per Cent Bonds, due 1893.
WOT. R. UT1.EY, 31 Pine St., N. 1\
BANKERS.
S
Alex. McCae,
P. Itolfe,
Cha.s.B..Marvin. A A. Low.
ThuniasSulllvan, Abm. B.Buylis. Henry K.Sheldon
U. K. Pierrouont. Dan'l Chailncey, John T. .Martin.
Alex. M. White, Josiah o. Low. Ripley Ropea,
Austin Corbin. Edmund W. Corlles.
WANTED
Southern, Western, Northern and Eastern Railway
Bonds and Stocks; also, State, Municipal and all
classes of reputable investment securities, bou^bt
and sold at best market rates. Investors and dealers
wishing to buy or sell are invited to communicate
with us. Loans negotiated for bankers and brokers.
of the Un;ted Stater
MILLER, R. 1). WILLIAMS, JNO. V. MILLl B
CUAS. B. MILLEK.
John
Bdoar M. CULLKN, Counsel.
TRUSTKKS
Wm. B. Kendall, HenrySauKer,
No. 42 Broad Street,
A SPECIALTY.
A. K. WAi^KXB^CaaMer.
First National
Collectiona
A
Is
ministrator.
It can act as a^ent in the sale or management of
real estate, collect interest or dividends, recelTtt
reulstry and transfer books, or make purchase and
sale of Guvcrniu'.;n"t und other securities.
Religious and charitable institutions, and persona
unaccustomed to the trunsacttori ol bui^iness. will
•»)•: j ji.i'j c^tivonu-iit
Hnd thi^ ronip"-:;
'it'positorT
for money.
lllPLEY ROPES, President.
CHAS. R. MARVIN, Vloe-Pre»'t.
York.
•
ipectaltv.
m. \ CoBBKSPONDKNTs— McKlm Brothors
St// #« Commission^
MmrgtHt
l>Jr'.OKEBS,
.
New
it jitart mtmitrtA:/ in Y, V. Stoei Exckang$,
BALTIIVLOKE.
alfltied.
Co,,
BANKERS and BROKERS
4 JExchange Catri,
Soutliern Bankers.
B. K. 6?RatT88, PreflH.
authorized hy special charter to
act us receiver, trustee, Kuardian, executor, or ad-
62
BROAD STREET,
Na. 3?
& Clinton sta.,BrooklTn, N. T.
Cor.of Montaxne
This Company
BANKERS AND BROKERS,
Stackpole,
DEVONSHIRE STREET,
BOSTO\
Correspondence
^^^
The Brooklyn Trust Co.
WAD 8^yORTH.
BANKERS,
No. 68
Geo. S. Coe, .1. 8. T. Mtranahan. Charles Dennis, Wm.
M. Richards, H. B. Clallin, John U.Mairs, Lyman W.
BrlKKS. B. B. Chittenden.
John
be had on applica-
»t.
vances made on same.
W.M. C. Sheldox^
SinmONS' BIJILBXNG,
Parker
Broadwuv.
Wm. M. KiniARDS. President.
Lyman W. Bkkigs, Vice-President.
John M. Cua.vb, SeiTitury.
Edwakd Stark, Ci.ncral Anent.
Directors—Georifo T. Hope. A. II. Hull, G.O.
Wiilliims, W.G. Low. A. S. Barnes, II. A. Ilurlbnt.
All classes of neKotiu.ble securities bought and
sold at the Stock Exchange on Commission. Ad-
STOCK BROKERS,
Boston,
may
BONDS AND STOCKS.
BOSTON.
Jackson
&c.,
CORI'OllATK Gil AKA.STKK in llou ol
persiinnl bond where securltv is required for the
faithful perforMMiiico of the duties of cmulnTeea In
all positions of trust.
Full information can bo obtained at the oOloe. 197
securing a
BANKERS AND DEALERS IN
EXCHANGE PLACE,
No. 7
30th, 1878,
Sheldon & Wadsworth,
10 WALL STREET,
H. Peck,
F.
December
to
just iniblished.)
Prospectus, Forms,
DEALERS
State, City,
»476,4fla
Government
OF NF.W YORK,
Guaranteeing the Bdcllty of pcrxint holding posl.
tions of pecunlarv trust and rinnnnalbllltr, thus
-
1110.046
the Gross Resources
(See Report to
STATE STREET, BOSTON.
40
[J.
of the
uf the Bunkfl. In Canmlii Its Bondu are now almost
universally required by the Governments, Bunks,
and
Commcniiil
InHtitutions.
Hallways,
THE Canada Guauantkk Company Is the only
Company on the Anicrlcan Continent that has
successfully conducted this business.—a result uf
which is that It has been able to establish a Bontu
svsteni for thoMG who hiive been 3 or more years on
the hooks, whereby tlie subsequent premiums are
annually reduced,— ^h*- mluction this year is frwn 15
to 35 prr cent on the itnual rate.
The advantages of trannactlng business with thtfl
Company are that It Is a well-established institution, and has ample reserves, over and above its
capital, to provide ajfitlnst exceptional reverses.
The most complete and reliable information is obtained as to the autfciilnifs of Kmployees.and thl.n is
really of the first importance to the Kmploier, as
also the system of periodical supervision and revision of those on the C<»nipany'8 Books.
Over *100.000 have already been paid by this Compunv for hisses by unfaithful employees. If t(hout a
FIDELITY & CASUALTY CO.
&
BANKERS,
So*
53 Broadway, cor. Exchangre Place,
TRANSACT A GENERAL BANKING BUSINESS.
INCLUDING THE PURCHASE AND SALE OF
STOCKS AND BONDS FOB CASH OR ON MAR.
GIN. BUY AND SELL COMMERCIAL PAPER.
P. O.
D. A. BOODT.
Box
447.
W McLellax, Jr.
REUBEN LELAND.
Hickling
C.
&
Co.,
No. 40 Exebange Place, Neiv York.
Execute orders for stocks on small margin, and
purchase time options— IIOO, 100 shares, I-IG commtssioa. Send fur Financial Stock Report.
NOS. 31
No. 19
CO.,
33 PINE ST., NEW YORK.
CONGRESS STREET, BOSTON.
AND
UNION BUILDING, CHICAGO.
CAPITAL STOCK,
$200,000
-
Offers to investors carefully-selected securities
bearing from 6 to 8 per cent Interest. Investment
securities bought and sold on commission. Settlements made for holders of defaulted securities.
Will act as agents in funding and reorganiiing debts
of municipalities, railroad companies, and other
corporations. Correspondence solicited.
John C. SnoKT, President,
} New York.
GEORGE W. DEBEVOISK V. PreS. i"'^''„ ,
Lucius L. HuuMARii, Asst. Vlce-Pres., Boston
Wm. p. Watson, Sec, and Treas.. Chicago.
&
Co.,
STOCK AND BOND BROKERS,
J.
D. Probst
No, 82 EXCHANGE PLACE, NEW YORK.
STOCKS, RAILROAD BONDS, GOTKBNMKNTS. AND
MIS9ELLANK0U3 SKCUBIIUS. BOUQHI AND SOLO
THE CHRONKJLE
Financfal.
Financial.
COMPANY,
J'^SSREST* oVlm'ifAn.ROAI.
NEW YOHK AGENCV.
18H0.
No
STKEKT, AuKUSt
11 I'lNB
4.
t
me
August inst., and
.
„ ^ ,
* t. i.
Three and a-half per cent on the first day of February, 1S81, to the registered holders thereof at the
.ilst
the
Friday,
on
book"
transfer
cloaing of the
day of January, 1881. on which dates the transfer
books of the said first debentures will be closed, to
reopen on Monday, the (Uii of September projt., and
on Saturday, the 5th of February, ]H«1, respectively.
Also, interest at the rate of O.NK I'er Cent uiwn
the second preferred income and sinking fund debentures, payable In like manner on the first day ot
December prox. to the registered holders of said
second debentures.
^
^
,
Due notice of the closing ot the transfer books
thereof will be given hereafter.
(Debentures transferred to " bearer" must be entered in I lie name of the owner or holder before tne
Interest will be paid thereon.)
ALSH. Secretary.
...
W
ALTON
&,
RAILROAD COMPANY, CHICAGO, ILL., Aug. 4,
1880.
— NOTICE. — The
resolution was
following
THREE AND
AHALF PER CENT (3)i per cent) be declared upon
Company,
this
the Preferred and Common Stock of
That a dividend of
payable at the office of JBSUP, PATON & CO.. No.
58 William Street, New York City, on the fourth day
of September, 1880.
The transfer books will be closed August 84 and
reopened September B. )H80.
Dividends as above will apply to the new issue of
common stock, provided fall payment has been
made for the same on or before A ugust 80, inst.
C.
H. FOSTER, Secretary.
RAILROAD COMPANY. New YORK,
August
8,
September 1. 1880, the
THIRTY-SIXTH SEMI-ANNUAL CASH DIVIbeing a DIVIcapital,
share
DEND on Its entire
company
will pay,
of THREE (!)) PER CE.NT, to all shareholders registered as such at 2 P. M. on the 13th
Inst., after which, and until the 4tli September, the
transfer books will be closed.
L. V. F. RANDOLPH, Treasurer.
DEND
OFFICE OF THE DEADWOOD MINING
COMPANY,
August
0,
No. 18
Issue limited to J9,000 per mile of completed road.
INTEREST GUARANTEED BY THE
TVabash St. Lonls & Pacific RR. Co.
Principal due 1st October, 1909.
Interest Ist January and July.
FOR SALE AT 96 AND ACCRUED INTKKBST.
SUBJECT TO ADVANCK
The
OK' PRICE WITHOUT
NOTICE.
& P. Railroad Is leased In perpetuity
Wabash St. Louis & Pacific RR. Co., who
Q. M.
to the
have assumed and entered upon its entire control
and management.
Gross receipts of the Waiiash for the six months
ending Isf July, 1K80. were ^5,313,847, or at the rate
of over $10,000,000 per annum.
Circulars giving further information can be had
at our office.
GILiniN, SON
ic
CO.,
62 Cedar Streer, Ncnr York.
First Murtsage
T Per Cent Gold Bonds
WALL
STREET,
New Yokk,
1880.
& Northwestern Railway
COMPANY,
DATED APRIL
1,
1880.
AND DUB
IN
New
Vorit.
CO., Keio York,
TRUST
Length of road, 100 miles
Ijeiiik;
SJ.OOO
;
in
TRUSTEE.
whole issue of bonds.
per mile.
bonds, or for further informa-
fc.r
JAMES
ma.eto
DRAKE &
M.
CO.,
Drexei Buii ding, 20 Wall
Bankers,
St.,
N. Y.
SEVEN PER CENT
DIVIDEND No. 8.
The monthly dividend of Twenty-Five Cents per
share has been declared for July, payable at the
office of the Transfer Agents, 'Wells, Fargo & Co.,
65 Broadway, on the 20th inst. Transfer Books
close on the 14th Inst.
U. B. PARSONS, Assistant Secretary.
mortgage Bonds
First
semi-annually In the City of New York. Principal
and interest in gold coin.
Secured by a first mortgage to the Farmers' Loan
& Trust Company of tlie City of New York, covering the entire line of road, the rolling stock, rights,
francliises and all other property of the company.
Issue limited to $15,000 per mile of road completed
and fully equipped.
Miles.
Length of line, Whee ing, W.Va., to Toledo, O. 200
Branch line, Norwalk to Sandusky, via Huron ... 21
.
221
from—
M
Toledo and Sandusky to New York by
Toledo and Sandusky to Philadelphia by
60
Toledo and Sandusky to Baltimore by
55
It is also 70 miles shorter than by tbe Baltimore &,
Ohio Railroad from Wheeling to Toledo and Detroit,
and 60 miles shorter to Huron and Sandusky, and
passes through the great Coal and Iron Beds of
Lowgradesand llghtcurves. Full
rails.
equipment. Lightest mortgage on any
the State of
Ohio, and ksa than one-third of the average amount
per mite of the mortgages on tbe seven principal
connecting lines in the State.
Population of the counties on the line over 000,000.
A new line of road of unusual merit and im.
tine of railroad of equal length in
n bonus of ^0 per cent on tbe par value of
each Bond iu I'nii paid Hlocil ot the Company.
Applications
THIRTV YEAKS TO BUN.
PER CENT per annum, payable
Interest at SI.\
first-class
Location of road— Fniin City of Fort Madison,
Iowa, on Mississippi River, to City of Oscaloosa, la.
Interest payable April 1 and October 1.
For Male at 95 and necrned interest, ivitii
tion, prospectus, &c., should be
Lake Erie
RAILROAD COniPANY.
Ohio.
Alt steel
1003.
Bonds Of 9500 and $1,000 each.
Principal and Interest Payable in Gold
r.V/O-V
&
Wheeling
Total length of road
Shortest railroad line
Investment Bonds.
Fort Madison
FIRST MORTGAGE BONDS
OF THE
First Mortgage 6 Per Cent Gold Bonds.
8r00,000,
OFFICE OF THE ILLINOIS CENTRAL
1880.— This
PACIFIC
CO.'S
OF TUB
passed this day
Resolved,.
Financial.
A.
RAILROAD
the
OFFICE OF THE CHICAGO
MISSOURI
QIJI.\CY
Dlrcclors have this rtay directed
rate of ME\-fEN Per Cent
namen?"f Interest at theincome
and mnklMK fund
Spontbo llr«t preferred
the
auency of the company,
pivyabic
at
debenture!!,
viz.
in the City of New Yorlt, as follows,
of SepThree and B-half per cent on the first day
thereof at
tcmber prox. to the reiriatered holders aist
day of
closW of the transfer books on the
The Board of
CHARLES
rVoL. XXXT.
portance.
WE OFFER
$1..';00,000 OF THE ABOVEat 93 and accrued interest.
NAMED BONDS
A
portion of the full-paid capital stock of tlje
R;iilroad Company will be allotted to the purchasers
of the first $1,500,000 of these bonds.
The right to increase the price without further
notice is reserved.
Prospectus and other information will be furnished on application to the
IVew Ifork, Keiv England
&:
"Western
INVESTMENT COMPANY,
PINE STREET, NEW YORK,
FINANCIAL AGENT.
Nos. 31 AJfD 33
OF THE
Natchez Jackson &
Memphis & Little Rock
Columbus RR. Co.
RAILROAD COMPANY
OFFICE OF THE HOMESTAKE Due 1010. Interest April and October, at
NEW
WALL
MINING CO.MPANY, No.
FIRST MORTGAGE BO.\DS,
Bank of America, 'Sew York.
ST.,
18
YOKK, August
18, 1880.
DIVIDEND
No.
Length of road,
20.
of Thirty Cents
P3r share has been declared for .July, payable
at the office of the transfer agents. Wells, Fargo &
Co.. 65 Broadway, on the 25th instant.
Transfer books close on the
20tli
instant.
H. B. PARSONS, Assistant Secretary.
tl,
DIVIDEND
No. 7.
day declared a Dividend
of ONE PER Ct-NT. being *100,000 on the capital
stock of this Company, or Fifty Cents _per Sliare,
payable at the OFFICE OF THE COMPANY. laBroadway. Room No. 8, on or after the 19th inst.
Transfer books will close on 18tii inst. and re-open
on li^th inst.
this
ABRAHAM
L. EARLE. Secretary.
Transferring of stock and paying of dividends
done at the office oi; the company.
will hereafter be
FIRM OF DUN, BARLOW
&
CO.
-'-having been dissolved by the death of Mr.
Charles Barlow, the business of the Mercantile
Agency, In the City of New York, will be continued
by the surviving partners, under the firm name of
Dun, Wiman & Co.
The branch offices in the United States and
Europe will be continued under the style of R. G.
Dun & Co., and in Canada under style of Dun.
Wiman & Co., as heretofore.
314 and me Broadway,
New York. August 4, 1880.
NOTICE.
We
IN 1907.
INTEHnST:
for TWO YEARS.
2>a]e at 95,
Per Cent Coupon due Oct.
FOUR
1st,
BRITTON & BURR,
Bt'iLDiXG).
2r Wall
St.,
N, Y.
New York Lake Erie &
Office of the
Tills
Western R. R. Co.
New York, June 23, 18S0
Company has made an arranKcment with
DREXEL, MORGAN &
CO. to extend the
Fourth MortttaKC Bonds issued by the New York &
Erie Railroad Company, maturing Oct. Ist next, the
principal payable in ft)rty years from that date, and
the interest April Island October 1st serai-;* nnually,
at 5 per cent per annum, both in United States gold
of the present standard, weight and fineness.
Tlie right to extend, as above, has been reserved
to such of the present holders as may desire to
avail of it and snail deposit their bonds for that
purpose with Messrs. Drexei, Morgan & Co., prior to
the 15th of September next.
Such bonds as m-Ay not be extended by the holders,
or be presented for that purpose by Messrs. Drexei,
Messrs.
Morgan &
Co.. will
be paid at maturity.
H. J. JEWKTT,
J
MORGAN & CO
will
WALL
STREET, FIRST FLOOD,
office on and after MONDAY,
occupy that
AUGUST
9,
Albert E. Hachfield,
17
1880.
WM. BALLOC & CO.,
BANKERS,
NEW YORK AND BOSTON.
GEO.
BOSTON OFFICE- 72 DIVONSHIKB
All kinds of
MISSOURI and
price paid for them.
address,
Give
full
St.
DeaU
of Mortgage, $2,600,000.
Length of Road, 135 miles.
THIS ROAD
St. L.
Iron
IS
ILLINOIS DE-
Highest market
description, and
IiOuU,
Mo.
and
:
Toledo LoBansport 4 Burlington Bonds.
& Loiransport Bonds.
Rome Wutertciwn & Oiidenaburg Bonds.
Ind. Uloomint't'n & West. Old and New Securities
New Jersey Midland Bonds.
Union
FOR SALE:
New Tork & Greenwood Lake
NOW OWNED BY THE
^loiiiit.
&
Soatherii
RR.
Co.
The net earnings are largely in excess of the accruing interest.
We offer a llinited amount of the above bonds
at 92 and accrued interest, at which price they
will net the purcliaser 8 per cent interest for 27
years.
LEVY & BORG,
No. 8
WALL
REAR
ST.,
OFFICE,
NEW YORK.
C. Chew,
No. 7
J.
WALL
STREET,
NEW YORK.
TEXAS RAIIi^VAYS.
RONDS, liANDS, &c.
Desirable Texas Securities for Investment constantly on hand.
FOR CHOICE
7 Per Cent Mortgages,
ADDRESS
SMITH
A.
HANNAMAN,
IndlanapoIIa, Ind.
In InTeatment Seenrltles
Bonds Generally.
'WANTED
I.. A. COQtJARD,
BANKER
AND BROKER,
134 N. Tblrd nreet,
BASEMENT,
STREET.
^VAMTED
FAULTED COUNTY BONDS.
NASSAU STREET,
TWENTY-FIVE YEARS.
Amount
P.-^esident.
23 WALL Street, Nkw York, Jnne 25, ;880.
Referring to the above notice of the New York
IjUke Erie & Western Kniiroad Company, we are
now ready to receive any of tbe New York & Erie
Railroad Fourth Mortgage B<»nd8 for extension
We are also prepared to buy at 100!^ and accrued
interest any of the bonas the holders of which
may desire to sell rather than extend.
DUEXEI,,
per cent
per cent for
EIGHT
have changed our placeof business to
No. 14
and
3)4
Furtlier particulars furnished upon application.
1880.
The Trustees have
rPIIE
DUE
whole issue of bonds,
For
IxCLUDixo
FFICE LITTLE CHIEF MINING COM- (Dkexel
PANY, No. 137 BUOAUWAV, NEW YoltK,
August
100 miles;
$600,000, being $e.000 per mile.
The Regular Monthly Dividend
Bonds.
H.
L. Grant,
N«. 146
RROADIVAY,
NEW
YORK.
CITY RAILROAD STOCKS & BONDS
BOUGHT AND SOLD.
See quotations of City Railroads in this paper.
tmm
HUNTS MERCHANTS' M4GAZINK,
REPRESENTING THE INDUSTRIAL AND COxMMERCIAL INTERESTS OP THE UNITED STATES.
(Entered, according to act of Congress, In the year 1880,
VOL.
by Wm.
B.
Dana
SATURDAY, AUGUST
31.
CONTENTS,
the silver; so
Riiilro.'Ml
163
content
166
Motors and the Transportation Problem
167
New
S.
Securl-
I
Railway Stocks, Foreign
Exchange, New York City
Banks.etc
172
I
I
I
Quotations of Stocks and Bonds
New York Local Securities
176
Investments, and State, City
and Corporation Finances... 177
TIMES.
Cotton
180 Dry Goods
180 Impons and Exports
Breatlstutts
1 8.5
day morning, with
187
187
Cltfcriticlc.
^Itje
The Commercial and
Finajjcl^l Chronicle
the latest
news up
to
is
issued every Satur-
midnight of Friday.
[Entered at the Post Office at New York, N. Y., as second-class
mail matter.]
TERMS OF SUBSCRIPTiON-PAYABLE
IN
ADVANCE:
For One Year (including postage)
ForSixMonths
do
Annual subscription
Sixmos.
do
In
$10
20.
6 10.
London (including postage)
do
do
£2
7s.
8s.
1
Subscriptions will be continued until ordered stopped by a written
order, or at the jmbliculion. office. The Publishers cannot be responsible
for Remittances unless made by Drafts or Post-OIHce Money Orders.
AdTerllsements.
Transient advertisements are published at 25 cents per line for each
Insertion, but when definite orders are given for live, or more, insertions,
a liberal discount is made. Special Notices in Banking and Financial
coUuun 60 cents per line, each insertion.
London and Liverpool
Offlceii.
The oftlco of the Chrosicle in London is at No. 74 Old Bro.id Street.
and 111 Liverpool, at No. 5 Browu's Building's, where subscriptions aiul
advertisements will bo taken at the regular rUtes, and single copies of
the paper supplied at Is. each.
WILLIAM B. DANA, ?
WILLIAM B. DANA & CO., Publishers.
JOHN G. FLOYD, .JR. i
79 & 81 WiUiam Street, NEW YORK.
Post Office Box 4592.
-^ ' A neat file cover Is furnished at 50 cents postage on the same is
18 cents. Volumes bound for subscribers at $1 20.
I^" For a complete set of the Commercial and Financial Chroni^**''"'' t*' date—or Hunt's Mekchasts' Maoazlne,
1839 to
9i;iiT"^"'y'
1871, mqiure at the ottice.
,
;
TBI!
BANKERS' CONVENTION AND THE
SIL VER Q UESTION.
The proceedings
of the convention
now
in
session at
Saratoga have been this year of unusual interest. We
have not room, to-day, to discuss any of the many able
papers presented.
But considering the importance of the
question
to
the public,
and the
does not consist in encouraging
legislation
17.5
THE COMMERCIAL
Commercial Epitome
being stacked away in Treasury vaults.
it is
that
Earnings in July, ami
THE BANKERS' GAZETTE.
ties,
originality of
the
sug-
That
money.
silver as
the use of
both desirable and conformable
laws of trade since the world began,
established
to the
is
American people to
and importance of one of its own most
valuable productions.
But the error consists " in forcing
into circulation a special coin, of a size and character not
convenient for business uses, and more especially in giving
it, by mandate of Congress, an excessive
legal and local
value or paying power, which is denied to it by the comand
is
it
especially the policy of the
increase the use
world
mercial
— thereby
needlessly
prosperity,
without,
into
and
discordant
equities of our
own
citizens
We
all
know
was
away the
the
world
rights
and
with one another."
—
—
:
—That
the coinage of silver dollars of 413^ grains
should be arrested, and those already produced reconverted
into silver bullion; silver to be coined only as wanted fur subsidiary currency.
Second That the Treasury receive silver bullion and issue
certificates of deposit without limit, in denominations for circulation, as nearly as possible at market value.
First
—
The advantages which Mr. Coe claims would be secured
by such a policy are:
1
The arrest of the evil of two values in money.
2. The provision of a much needed paper circulation for
business uses of unquestionable value.
3. The resumption of coin payments upon the gold basis now
begun would be confirmed and secured.
4. A certain legitimate and more extended use and market for
the silver as well as the gold productions of the country would
be provided.
5. A way for the gradual substitution of bullion notes for the
legal-tenders now outstanding would be opened.
6. The financial situation of the country would be established
upon a basis that would promote the welfare of the people and
the stability of the Government.
We shall prflbably
question
more
the anxiety this question has caused the
of giving the
Two
great
To meet these conditions that is, to do away with its
for evil and at the same time to bring silver into
active use
Mr. Coe makes the following suggestions
once obvious.
business community.
this
power
solve the silver problem.
to
with
relations
arbitrarily legislating
fully.
take an early occasion to discuss this
At
sight the plan will certainly
first
none of them will probably attract wider attention commend itself to public favor.
than that prepared by Mr. Geo. S. Coe of this city.
disclose
closer
examination will
writer's purpose
throwing
while in a most hopeful condition of renewed
nation,
gestions,
The
790.
The danger is
some day, in some emergency, the silver dollars will be
from January 1 to August 1- 167
forced out, and our whole currency system, affecting every
Latest Mouetary and Commercial Enjsilisb News
1G9
value,
will be disturbed and disorganized.
Commercial and Miscellaneous
170
News
And yet as ,Mr. Coe well says, the error of this silver
and
The Chioago ship Canal
164
Cotton Consumption in Europe 161
Eugllsli Kule and Irish Dis-
Money Market, U.
NO.
1880.
14,
CI
This process cannot be always continued.
THE CHRONICLE.
Tlie Banlcers' ConTention
the Silver QueHtion
'
the oflico of the Librarian of Congress, Washington, D.
<b Co., In
standards for our currency,
and one of them very decidedly below the market value of
issues, further
the other, cannot be always maintained.
In the present
case the people liave recognized the difference, and although
they are hoarding and using the gold, they refuse to take
cretionary
plan,
We are free
It is
to say that
Government anything
we
to
little
more than
that
not
at
dislike the idea
do with currency
than stamping gold and
however, very
possible that a
weaknesses
is
silver.
In this
done, as no dis-
the certificate which circulates being a simple certificate of market value, only to
power
be issued as silver
is
is
granted
;
deposited.
THE (CHRONICLE.
164
tVoL.
XXXI.
THE CHICAGO SHIP CANAL.
goods sent that way would first have to go down the
&
Mississippi,
Illinois
almost to St. Louis, and then up the Illinois
the
ago
a
report
devoted
to
A few days
was
and
through
the canal to Chicago, a very long route;
column?,
several
Canal,
and
occupying
Michigan
printed in the Chicago newspapers. This report owes while by rail the distance from Chicago to the MisSo the railroads would have
its origin to a convention of certain citizens of Illinois, sissippi is only 147 miles.
held in Ottawa, 111., on the 18th of last March, for the little to fear from the competition of the canal. Yet
purpose of taking measures to secure the early enlarge- the point expected to be gained namely, lower
ment of that canal to a ship canal and to secure the im- freight charges is being gained without the canal, such
—
—
provement
the Illinois River, so as to permit of the
(»f
passage of Lake and river vessels between the Mississippi
and Chicago. At that meeting an executive committee
was appointed, and a series of resolutions were adopted
urging some action by the United States Government.
On April 8th the executive committee held a meeting at
Peoria, when a sub-committee of three members was
appointed, with instructions to prepare an address to
Congress and to the people of the State of Illinois. The
the competition among the roads themselves. As
everyone knows, rates have been and are decreasing all
the time.
Take the Chicago Rock Island & Pacific. In
1869-70 the average received per ton per mile on this
is
road was 2-74 cents;
now
could be shown for
all
but 1*21 cents.
it is
And
other roads.
The same
process
continue to go on, the railroads being as much
interested in furthering it as the shippers themselves.
this
will
There
is
one particular in which the scheme might
We
the address of this committee. perhaps show more positive results of good.
refer
The address is chiefly au exposition of the marvellous to the fact that if carried out it would give an all-water
growth in production, of late years, in the territory of route from Chicago to New Orleans. Freight could
report
now
published
is
the "West and Northwest, and a narration of the advan- thus be carried very cheaply between those points. New
way of increased business, cheap rates, &c., Orleans has become quite important as a receiving and
that would accrue if the proposed scheme were carried out. shipping port for grain, and seems destined to increase
tages, in the
&
its importance in this respect in the near future.
For
96| miles. the period from Sept. 1, 1879, to Aug. 6, 1880, its
•vAt present the canal does not amount to much, having receipts of wheat were 4,336,219 bushels, against 1,840,a surface width of but 60 feet and being 6 feet deep. 830 bushels in the correisponding time of the preceding
The
to La
Illinois
Salle,
Michigan Canal extends from Chicago
on the
Illinois River, a distance of
"Only barges drawn by horse power can pass through it. season; the exports were 4,295,528 bushels, against
drawback to the usefulness of this
Jt is proposed to deepen it and to give it a surface width 1,516,331 bushels.
•of 160 feet, with locks 75 feet wide by 350 feet in water route to the seaboard is that it would be open,
A
flength, so as to
make
I)urdeD.
further proposed to
It
is
it
available to vessels of 1,200 tons
make
the Illinois
River navigable for the largest Mississippi steamers, by
deepening its bed and by constructing locks and dam.^j.
For this latter purpose it is estimated only a million dollars
Nothing is said as to the
will be required at the outset.
probable cost of enlarging the canal, but in 1867, as the
report states. General Wilson, whose plan it was to
deepen the canal only as far as Joliet and use the Illinois River for the rest of the distance, estimated the
cost of the entire
work
at $18,000,000.
The
address speaks in glowing terms of the benefits
to be derived from the realization of such a project.
It
on the average, only 8 months in the year. But even
now, by railroad to Cairo and by barges from there to
New
Orleans,
Chicago
As
all
said
grain
is
carried
to
New
Orleans from
the year through at about 12 cents per bushel.
above, no estimate
is
made
of the probable
work but, of course. Congress is asked to
provide the money. If a ship canal is going to be such
a good thing as the committee think, let it be constructed by all means.
We are in favor of opening all
the channels of trade possible. We do not see, though,
why the General Government should undertake to carry
out this any more than any of the other numberless projects that are constantly coming up.
If the undertaking
cost of
the
;
from Kansas City and presents all the advantages claimed, why here is an exwould pass through this channel to Chicago, and cellent field for private enterprise, and the Government
thence by the Lakes to the seaboard, instead of going by need assume no risk at all in the matter. With proper
other routes. As there are already several railroad routes restrictions this would be perfectly safe. Or if there is
between Chicago and both St. Louis^nd Kansas City, it any objection to such a course, let the State Governmay well be doubted whether Chicago would get much ment do the work. New York built the Erie Canal,
additional freight in this way.
And granting that some why should not Illinois build the Chicago canal ? Anyof the traffic that now passes directly to the seaboard way, we do not think the General Government should
from those cities would take the canal and Lake route, engage in work of this kind, except as a last resort, in
it is difficult to see of what benefit this would be to cases of extreme emergency.
either Chicago or Illinois, since vessels would, we suppose, merely pass through Chicago without unloading
COTTON CONSUMPTION IN EUROPE.
there.
It is also anticipated that some of the freight that
Our cable report of Mr. Ellison's July circular which
now reaches Chicago by rail, from points west and was issued at Liverpool on Tuesday of this week, indicates
northwest, would come by water, bringing the canal a continuance in the revival of business activity which has
into competition with the railroads and ^suring lower made so much progress there during the past year.
In
freight charges.
We do not think any appreciable fact, the trade of Great Britain and the Continent would
quantity of freight would be likely to take such a course. seem now to be assuming a more general, or a wider,
Except from points on the Mississippi river, the freight character and therefore a safer and more promising conwould have to be carried part of the distance by dition, than during earlier months when its activities were
rail, and as all of the roads out of Chicago have
almost so largely due to speculative orders from the United States.
perfect connections, it does not seem probable that
Notwithstanding this improvement, however, Mr. Ellison
any such freight would be transferred to the canal route, drops the English consumption of cotton to 64,000 bales per
to be carried by it for the remainder of the distance— it week during July, against 65,000 each week since January.
would hardly pay to do this. Even points on the Missis- But this he states is due, not to any decline in the demand
sippi would be unlikely to patronize the water course, as for goods, but to the strike and to the holidays.
For the
is
anticipated that the shipments
St. Louis
August
THE CHRONICLE.
14, 1880. J
Continent the figure I'emains unchanged, that
With regard
is,
52,000
to the future the outlook is
165
In the foregoing we
now
see, as stated
above, that the invisible-
hands of spinners are about the same as they
reportsd very promising for a continuance of consumption were a year ago, but are considerably less than two years ago.
at the full rate of about 117,000 bales of 400 lbs. each for The present figures are 81,000 bales for Great Britain and
the whole of Europe. The total takings and consumption in 257,000 bales for the Continent, or a total of 338,000 bales; in
Great Britain and on the Continent.in actual bales and pounds 1879 they were 77,000 balea^or Great Britain and 256,000
bales per week.
and
in bales of
400
August
each, to
lbs.
Europe.
Oreat
ConU-
Creot
BHUiin
Twnt.
Britain.
Surplus Oct. 1.'79 ~24,601 ~ll8,523
Denver's to Aug.
Supply to Aug.
Cons'nipt'n
1.
ialet.
J
400
poitmfj*.
funfinfnf.
Brftatn.
10,300,000
.
04,000
27,000
37,(100.000
975,802,100
S
,829,308 2,439,165
2,558.421 i,S96,053 1,142.523,540 1,013,200,000
i
.856,808 2,533,155
i
,775,000 2,276,000
same
2.483,221 J,15«,24e 1,170.000,000
910,400.000
l.'SO
~ls.20fl
32,523.540
102,800,000
81.000
257.000
l.'SO
106,900
88,061
48.000,000
44,129,000
125,123,750
120.000
110,000
813,000
260,000
130.000
236,000
185,000
222,000
time
Surplus Aug.
Surplus July
SurplusJ'ne
Surplus May
Surplus Apr.
1.'
1,'80
243.807
285,462
242.391
218,518
205,782
123,281
164,603
l.'SO
According
104,228,300
55,600.000
94,400,000
89,112,000
74.058.100
to the foregoing, the present surplus held
English spinners
is
only 81,000 bales of 400
by
lbs. each, which,
claimed to be in progress,
considering
O the large
O consumption
4
^
and the small daily sales at Liverpool, may seem surprising.
And
yet
see later
was no larger last year at this time, as we shall
on, and the visible supply was then considerably
it
have materially lessened their surplus, the total being at the
end of July 257,000 bales, against 313,000 bales at the end
of June.
m
down almost
Last year in July their surplus ran
the Continent, or a total of 333,000 bales;
1878 they were 159,000 bales for Great Britain and
307,000 bales for the Continent, or a total of 466,000 bales.
In comparing, therefore, the visible supply figures of two
years ago with the present visible supply,
We
Europe since October
1
of bales in the actual delivery
again lowered this month.
at
It is
now
Pounds.
given, up to July 31,
447 pounds for Great Britain and 423 pounds for the Con-
449 pounds for Great Britain and 425 pounds
for the Continent up to close of the previous month.
As
average weights
of course
is
due
to the
smaller proportion of American and Egyptian in the current
Great Britain, October, 413 weeks.
Continent, October, 4 weeks
i 52 ,000
200,500
56,000
50,125
181.000,000
452,500
106,125
99,400,000
91,800,000
248,500
229,500
62,125
51,000
November
191,200,000
478.000
113,125
Dec,
113,400,000
93,600,00(1
283,500
234.000
63,000
52,000
207,000,000
517,500
115,000
113,400,000
104,000,000
283,500
260,000
63,000
52,000
217,400,000
543,500
115,000
104,000,000
83,200,000
260,000
208,000
65,00O
52,000
187,200,000
468,000
117 000
117,000,000
83,200,000
292,500
208,000
65,000
Great Britain, November, 4 weeks.
Continent, November, 413 weeks..
Total
and the large portion of Indian and other descripwill undoubtedly be a further lowering of
the average during the next two months.
For the twelve
months ending with last December the average weights of
deliveries were 431^ pounds for Great Britain and 423
pounds for the Continent. Below we give a comparative
statement of the takings and consumption of European
spinners up to this date in 1,000s of bales of 400 lbs. each.
The
There
figures given for previous years are as corrected
Mr. Ellison in his circular of July
SjMttners' Slock,
Takings
4ia weeks
Continent, December, 4>2 weeks..
Britain,
Total December
Great Britain, Januiry, i'h weeks.
Continent, January, 5 weeks
Great Britain, February, 4 weeks.
Continent, February, 4 weeks
Total F^/ruary ....
Great Britain, Marcli,
...
....
i^ weeks.
.
200,200,000
500,500
130,000,000
104,000,000
325,000
260,000
65,000
52 000
234,000,000
585,000
117,000
91 ,200,000
83,200,000
228,000
208,000
65,000
52,000
174,400.000
436,000
117,000
104,000,000
83,200,000
260,000
208,000
65.000
52,000
187,200,000
468,000
128,000,000
104,000,000
320,000
260,000
64,000
52.00O
232,000,000
580,000
116,000
weeks
1,109,840,000 2,774,600
910,400,000 2,276,000
63.059
51,727
Oct. 1 to Avff. 1 ...t
2,020.240.0^0 5,050,600
114,786
Great Britain, April. 5 weeks
Continent, Axiril, 5 weeks
Great Britain, May, 4 weeks'*
Totnl
May
Great Britain, June, 4 weeks
Continent, Jviue,
4 weeks
Oreat Britain, July. 5 weeks
by
8.
1
17,000
Great Britain, Oct. to Aug., or 44
Greal Ilrita In.
and Consitmp
Ibt.
100,800,000
80,200,000
receipts
tions.
tceek,
lbs.
400
stated in our last review of these figures, this gradual
decline in the
400
is
tinent, against
we
Bales per-
Bales
CONSOMPTION IX
100,000 bales.
The average weight
we must remem-
ber that the invisible supply was 128,000 bales more then
than it now is.
now bring forward our usual table,
which shows the monthly record of consumption in all of
be noticed also that Continental spinners Great
It will
smaller.
in
bales for
and
Great
Continent.
2.631.820 2,300,530 1.131,723,540
1,1880
are as follows.
PouruU.
B«(M, Mtual.
Takings and
ConsumytUm in
1
stocks
weeks
Continent.
t
Continent, Oct. to Aug., or 44
\
•79-80 1878-9. 1877-8. '79-80 1878-9,
lion.
Stock 1st October
Dellver'8, Mar. 31, 26 wk(
1,752
Consumption, 26 weeks.
1.77U
1,620
159
504
105
27-
35
35
94
1,470
1,575
1,505
1,400
1,616
1,576
539
'77-8
Total
This
from
really for only about S^a weeks, allowance being made for
the Whitsuntide holidays,
t These totals of consumption include (besides the above monthly consumption) 21,600 bales, of 400 lbs. each, added to cousumptiuu by Air.
Ellison in his July circular.
117
54
1,424
1,292
1,300
1,51S
1,340
1,409
1,274
1,354
1.234
74
543
178
550
135
688
1'20
637
5.'.3
644
493
617
473
728
468
823
453
757
432
110
*292
151
166
144
194
260
261
370
183
325
230
t282
317
208
338
223
521
208
553
202
555
130
season and therefore very low rates through the year.
Stock, Juno 30.
Deliveries, July 5 weekt
120
281
109
213
110
344
313
204
351
160
Supply
Consump'n, July, 5 weeks
4111
320
322
245
454
295
517
260
511
255
247
sult in
81
77
15!)
2.57
256
307
effect of
Stock March 31
Denver's Ap.&BI'y, 9 wlu
s
663
Consumption, 9 weeks.
Stock, May 31..
Deliveries, June ,
4,
weeks
Supply
Consumption, 4 weeks.
402
Stock. July 31
is
We
are inclined to look upon this review as indicating
more prosperous season (that is better prices) to the
planter this year than any one could have safely anticipated
a few months since. The last cotton crop leaves a considerable surplus unconsumed; a larger crop now, appeared to
a far
ensure a very largely increased surplus at the end of the
But
European trade appears really to have received a new
3.59
impulse.
It was feared that the withdrawal of our specu195
lative demand, prevailing a few months back, would re554
These delive ies for J line incli ide 57,1-to Aineiicau
(e c^ual to 64.850
bales of 400 lbs each) fo warded direct f '01
\ ipia
deducted from stock bj the Liv erpool I!ro kers' y to sp mners, nit not
Associa tiou unt 1 Juue
30th.
t Tills consmn ition in J line inci Idea
not on y th 3 260,0 DO bales •which
was tlie actiiiil i •onsiinipt ion of ille luonti Il lit
ais
21,60 bales of 400
lbs. esu^hi whlili .Mr. KIlif on adds to consu
tion a" the p robable lortion
of the above al, 140 bales which 1lad boon mi
CO uaum edupto Juno 3(.)th and
but the
a return of quietness in Great Britain
that withdrawal has apparently all passed off.
The July exports from England
;
indicate
a healthy
in-
1
.
not included in consump tiou.
creased business over the previous month, while the better
crops there and on the Continent are showing their effects
renewal of activity in the home trade. If,
therefore, Mr. Ellison has not overestimated the extent o£
in a general
THE CHRONICLE.
166
are afraid he has, but
the spinning during the summer (we
should
hope he has not), we can see no reason why there
during
consumption
not be some addition to the present
the
fall
and winter months. In that case we certainly
be able to market our cotton this year, even if
ought to
we have a very large crop, at a remunerative
price.
showed no lack of
interest in Ireland.
The
legislation,
and other measures, was conceived and
carried out in a benevolent spirit; and it was calculated
that during the two years, 1847 and 1843, at least eight
millions sterling, in the shape of government grants and
private subscriptions, were bestowed upon Ireland and
the Irish people
an example of liberality which has
rarely, if ever, been equaled in any age or country.
It was not, however, until the advent to power of Mr.
Gladstone that a really earnest attempt was made to
abolish and remove out of the way the lingering remnants
of what might still be called the wrongs of Ireland. For
centuries the Protestant Episcopal Church was the
Church by law established in that island, and it was supas revealed in this
—
ENGLISH RULE AND IRISH DISCONTENT.
The failure
[Vol. XXXI.
of Mr. Forster's Irish Compensation
bill
renewed
has, as indeed was to be expected, given rise to
from
apparent
expression of Iribh discontent. It was
upper
of
the
the first to those who knew the sentiments
was but little likely
i'et, whatever may
to find favor in
it was humane in
measure,
ported on the ecclesiastical revenues of the country.
of
the
defects
have been the
government
The Church of the people at least of the great majority
of
the
part
the
on
revealed
and
its purpose
Its of the people
peasantry.
was the Roman Catholic Church. In
Irish
the
conciliate
desire
to
honest
an
weakness apparently was that it did not sufficiently 1865 and towards the close of the life of Lord Palconsider the feelings of the land-holding class. No good merston, who was greatly opposed to all radical change,
can result, however, from a discussion of its defects, as Mr. Gladstone gave an earnest of the work which he
the bill is now a thing of the past; but its failure and was yet to accomplish by emphatically expressing his
the outburst of discontent which has followed, will give opinion that the condition of the Irish Church was uninterest to a brief notice of some of the measures which, satisfactory and such as could not much lonsjer be
He was
In 1869 he was Prime Minister.
in comparatively recent times, the British government endured.
and
in both
so-called
the
people
the
confidence
of
removing
these
strong
in
of
object
with
the
passed
has
wrongs and to produce contentment among the Irish houses of Parliament. He had not forgotten the words
classes in
Great Britain that the
bill
the House of Lords,
—
—
nor did he long
Parliament met on
and on the Ist of March Mr.
for the first quarter of its existence, it was incompetent the 16th of February
for a Roman Catholic to sit in Parliament or to Gladstone introduced a bill for the disendowraent and
hold any office under the Crown. Such a law fell with disestablishment of the Irish Church. According to the
peculiar severity on Ireland, where at least three-fourths terms of the bill that Church was no longer to be recogher bishops were no longer to have
of the population were attached to the Catholic Church. nized by the State
he had
people.
At
the beginning of the present century, and, indeed,
made
use of four years before
;
delay the execution of his purpose.
;
;
It
would have been strange
if
such a state of things had seats in the House of
Lords
;
she was to retain her
not called forth the protests of liberal-minded men. As ecclesiastical buildings without payment and her glebe
early as 1790 we find Charles James Fox raising his lands for half their value ; all existing interests were to
voice against the unjust laws which weighed so heavily be properly cared for ; and whatever property remained
on the Roman Catholic population of the three kingdoms. It was not until 1828 that the obnoxious Test
Act was abolished and it was a year later before the
Catholic Emancipation Act became law, and Catholics
were made eligible to seats in Parliament and qualified
But the AcSt of Emanto hold offices under the Crown.
;
cipation,
contrary to expectation, did not allay,
but
after all
claims were satisfied, was to be expended for
the good of Ireland on objects not ecclesiastical or eduIt was natural that such a bill should meet
cational.
with strong opposition.
of
its
opponents
the Royal assent.
;
It
was passed, however,
and on the 26th of July
it
in spite
received
Ireland had no further cause to com-
plain of the dominancy of an alien Church.
Mr. Gladstone next gave himself to the work of recertain grievances which had grown out of the
His land
peculiar relations of landlord and tenant.
hitherto useless, agitation in favor of repeal of the Union. tenure bill, which secured the tenant in certain unmisThe next great remedial measure was the Encumbered takable rights against a despotic landlord, promised to
Estates Act of 1849. The potato blight in 184 7,and in make an end of agrarian difficulties in Ireland. It is
1848, with the disturbances which accompanied the claimed, however, after some years of experience, that
disease, had worked sad havoc in Ireland and brought the farmer is still too much at the mercy of the landlord.
great distress to the Irish people. Large numbers of The act is not equal to the requirements of the situation.
estates had become literally drowned in debt; they could Hence the supplementary measure of Mr. Forster,
Mr. Gladstone furnot be sold without passing through the Court of which has just come to grief.
Chancery; and such were the delays and technicalities, ther evinced his interest in the welfare of Ireland,
and consequent expense of transfers of property, that by a broad and sweeping measure of University reform
sales were absolutely ruinous.
Under the Encumbered a measure which, if it had beea successful, would
Estates Act, a commission of three persons was appoint- have placed Trinity College, Dublin, on the broad basis
ed, and invested with the whole powers of the Court of of a National University.
This measure, which failed
Chancery. This commission, which was simple in its to satisfy the desires of the Catholic priesthood, came
It opeued the
door of the British House of Commons to such men as
O'Concell, and gave birth to the long and bitter, but
rather gave a voice to Irish discontent.
moving
naught when Mr. Gladstone, somewhat disgusted,
afforded retired from power and gave up, temporarily, the leadimmense relief, not only to distressed landlords, but to ership of his party. A measure of University reform
the people generally; for the new landlords were in was carried through by Lord Beacanstield's administramost cases men of means and of enterprise, and the tion, under the management of Lord Chancellor Ciirus
-hitherto unproductive estates were turned to account. but we are without any evidence that the University
At this time, in spite of the great disaffection which question, any more than ihe land question, in Ireland, is
prevailed, the British government and people generally finally disposed of.
procedure, greatly facilitated
property which
was
really
the transfer
valueless,
of
much
to
and
;
ACGUST
THE CHBONICLE.
14, 1880.1
Such in brief is the history of Irish reform. If it does
show, on the one hand, that there was much in Ireland
which justified discontent on the part of the people, it
showp, on the other hand, that British statesmen, for the
last half century at least, have not been neglectful of
Irish interests, and that to Mr. Gladstone, in particular,
they are under heavy obligations. The land question is
the great difficulty at the present moment. The Home
Rule demands seem to us to be impracticable. The land
question is capable of solution; and Mr. Gladstone, if
restored to health and strength, will doubtless return to
of all
it and dispose of it to the satisfaction more or less
concerned.
NEW MOTORS AND THE
TRANSPORTATION
PROBLEM.
by a
tages to be secured
successful application of this
— such as freedom from
process
smoke, gas, cinders, ashes,
—
from sparks are apparent at a
glance, as also its usefulness on elevated roads.
This
invention, owned by the " New York Heat, Light and
Power Company," of this city, is a plan for making steam
and
all
danger of
in a better
fire
way, not for displacing steam by a
We cannot pretend
to pass
upon these
new motor.
claims,
and refer
them, in connection with the electric motors, only as
indicating that the steam engine of to-day is by no means
to
to
be considered the
Steam
last
triumph of human
known
skill in this
bo enormously wasteful
under x^resent conditions; without exact data at hand, we
are almost tempted into saying that not more than one-half
direction.
is
to
the energy contained in the fuel
is
made
Good
effective.
authority puts the cost of fuel as one-fourth that of operat-
account has recently appeared of a new
designed especially for adaptation to street
This follows closely some enthusiastic accounts
Some
167
brief
electric motor,
ing railways, exclusive of maintenance of road and equipment; hence the bearing which improvements in motors
have upon the momentous subject of transportation cost, is
from a most fertile source of things apparent. The steel rail alone has made possible much of
" to be;" aud so many have been the disappointments and the reduction in cost and charges, nor is it probable that we
postponements in electric lighting and other promised have yet reached the minimum. On the contrary, having
applications of that mysterious force, that the cautious begun with the railroad as an instrument of marvellous
reader will not be hasty in expectations, particularly if ho capacities as, compared with animal power on the natural
finds that some new stock is to be put on the market. surface, yet rude and wasteful nevertheless, the probability
That power may be developed by electricity is as well is that we are just beginning to develop its effectiveness.
ascertained as that it has heat-producing qualities, or that
If we stop to consider how many problems and how
compressed air has great expansive force; that it is many and sweeping changes hang upon this one problem
mechanically feasible to move machinery by either is not of lowering transportation cost, and that some one invendisputable the only question concerns the relation be- tion just now made, or just ready to be made, may be the
tween effectiveness and economy. This, however, is a key of the whole, we can hardly set bounds to the imporquestion large enough and difficult enough to task inven- tance of the subject.
But for the railroad we should not
tive skill, and possibly Nature may not propose to let us have the West now.
There have been those who thought
railways.
of a similar invention
—
wrest from her too
Still it
the limits of
among
many of
her secrets.
has become rather late for pronouncing upon
what
is
possible,
and the wonderful things
ago
—
they had discovered the development of the great grain
growing section to have been a gigantic mistake; that
railroads
had
planted
producers
hopelessly
from
far
markets; that we cannot successfully compete for supplying
The food unless favored by abnormal crop conditions. But
belief that we have not yet gauged its services.
electric motor, if successful, will not be amiss for ordi- suppose that by the time transportation cost has reached
the
impossibles of half a century
justify
nary street railroads, althougli for those there are already
its
motors that seem better than horses; but for elevated
room
roads
it
at once
will
be the largest conceivable boon.
Abolishing
the nuisances of gas, soot, cinders, steam, water,
and much of the noise, it will end nearly all the wellgrounded objections to such roads and reduce the disturbance they cause to the minimum.
At the price of a
somewhat enhanced cost of working, such results might be
worth having;
much
if
at
no greater or at
less
than the present
Everybody
lowest step,
something comes up and gives
more
it
Suppose a new motor re-sets the conditions of the
Suppose the
case, just as it appears about to go against us ?
remedy is brought forward in some such way, just as the
?
Experience has already shown
trouble appears desperate ?
such paths of escape opened out of a difficulty
The whale
but petroleum was
needed.
at
discovered.
one time unlikely to
when
might have been exhausted
fishery
— but
The supply
celluloid
last
is
of ivory
was
a substitute.
— but paper, which
is a
watch with hope and interest the results of practical test, substance only less protean than india-rubber, is capable of
the beginnings of which are promised for an early day.
being worked into a close copy of wood, leather, and even
Not many months ago accounts almost as wonderful of some other materials. So we might name other inand enthusiastic appeared concerning the performances stances. Their application just here is that they suggest
of bi-sulphide of carbon
a motor which was claimed the probability of a not distant modification of the transto be able,
when developed, to far surpass steam portation problem by the help of some far-reaching im-
cost,
so
the
better.
will
therefore
Black walnut
is
becoming scarcer
—
in practical effect.
There
is
no doubt that
this material
vaporizes with an enormous expansive force; the recent
claims were for a new application of it in connection with
crude petroleum, and those claims were almost enough, if
ever sustained, to revolutionize anew the business of transportation.
Still another new thing has appeared
a new
provement
in the instruments used.
RAILROAD EARNINGS IN JULY, AND FROM
JANUARY 1 TO AU0US2 1.
The columns for " decrease " in each of the tables
below are blank throughout. This simply means that
water by convert- all the railroads, without exception, have had larger
—
and
ing
promising process for utilizing
into superheated steam and
it
then
dissociating
the gases in connection
with naphtha.
Recent experiments made by this latter process on the Long Island
Railroad indicate its practicability as a substitution of liquid
for solid fuel on locomotives, and the inventor declares
his ability to reduce the large item of fuel in transportation
to one-half or one-third
what
it
now
is.
The other advan-
gross earnings than in the
same periods of 1879, and
an extraordinary exhibit, for even in limes
of growing business and general activity it is rarely
found that all the railroads in the country are at once
prosperous and enjoying an increasing traffic. Last year,
August, a
in our corresponding report published in
majority of the roads were then showing an increased
this is rather
THE CHKONICLE.
168
business over 1S78 for the month of July, but for the
Beven months from Jan. 1 to July 31a number of them
were considerably behind the previous year.
1879.
1880.
Eap.& No..
Cairo & St. Louis*
Central Pacific
1,7(>0.000
CUcsapeake & Olilo
Chicago & Alton
&
East. [Ulnois.
CUlc.Milw. & St. Paul..
Chicaeocfc North west.. .
Clitcaso
Chlo.St.P.Miun.&Omaba
Chicago & West Mich.-..
Cincinnati -ctSvirinKllold.
Cler. Col. Ciu.
&
luil....
Clev.Mt. Vernon & Dei..
Denver & Rio Grande...
Denver So. Pli. <& Pacilio
235,525
670.317
111,129
1,026.000
1,716,581
114,081
40,323
69,156
400.332
30,681
372.lil0
140,900
89,;U0
113,988
790,277
365,124
163,484
561.339
130.248
103,438
116,141
58,334
41,788
118,352
727,100
42,853
Detroit Lims. & North.
Flint & Pere Mariiuctte.
GrandTruiilcof Canadat
Great West'n of Canada;
Hannibal & St. Jcseph..
Illinois Centraldll. line).
Do (Iowa leased lines)
Indiana Bloom.
Internat'l&Gt.
<fe
West.
Nortli...
Kan. City F. 8. & Gnlt*.
Kan. City Law. & So.* ..
Lake Eric & Western. ..
&
Louisville
Nashville.
Minneapolis & St. Louis*
Missouri Kansas* Tex..
32-),167
MobUe&Ohio
N. Y. Cent. & Hud. EiT.
N.Y.& New England...
Northern Pacittc
& L. Chamnrn.
Offdeub.
Paducah&Elizabetlit'n*
Paducah&
Meranhis*...
Bt.L.A.&T.H. mainline.
Do do (branches)
St.L.IronMt.&South'n.
&
&
S. Fraucisco.
St. Louis
Sioux City....
St. Paul
St. P. Miuu.&Mauitoba.
Scioto Valley
Texas
&
Pacilio
& Warsaw
Wabash St.Louis&Pac.
Toledo Peoria
130.060
2,863,316
207.712
235,248
48.644
20,674
11,431
133,048
46,160
442,000
213.956
113,314
272,089
33,9.9
195,711
112,266
1,063,030
ifet increase
only, it is unsafe to take the percentage of operating expenses as given in their annual reports for 1810, and
assuming that about the same percentage holds this year,
up on that basis the probable net earnings in
1880.
In case of the trunk lines, particularly, the
relative large increase in net earnings, as
compared with
one of the most conspicuous
features of the|present movement.
On the other hand,
some of the Western roads appear to be applying more
money to improvements, and their gain in net earnings
falls below a fair proportion of the increase in gross
receipts.
It would be well if the stockholders in such
companies as the Chicago Milwaukee & St. Paul would
arouse themselves and press their directors urgently
for a monthly statement of net earnings ; for in their
case, with the continual additions of new lines of road
and the assumption of new liabilities, the net income is
the key to the whole situation.
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 such railroad
companies as will furnish monthly exhibits for publicathe increase
gross,
in
is
tion.
GROSS EARNINGS, EXPENSK9 AND NET EARNINGS.
June.
^Jan. 1 to June 30.—.
.
.
1880.
Atlantic
Jliss.
& Ohio—
$
133,764
83,315
Gross ejirnings...^
Oper'goxp. (luel. extr'y)--
Net earnings
Burl. Cedar Rap.it
Expenses
Net earnings
$
1880.
.$
1879.
$
102,247
68,819
902,514
417,453
50,449
33,398
455,061
274,524
153,378
103,272
110,179
73,077
982,346
632,618
653,824
432,562
715,486
410,962
50,106
37,102
349,728
221.262
214,255
183,736
148,457
125,745
1,259,03.5
1,010,801
812,808
722,039
Net earnings
30,519
22,712
Chicago Burlington & Qulncy
Gross earnings
1,434,515 1,160,968
Operating expenses
709,336
611,927
248,231
90,769
8.148,763
4,107,119
6,510,239
3,629,367
4,011,344
2,880,872
662,324
412,873
499,042
308,435
32,722
249,451
192,607
107,994
52,327
559,555
324,724
576,217
306,326
21,702
55,467
234,831
269,891
Gross earnings
Operating expenses
50,228
30,656
33,300
23,310
323,974
183,633
189,131
132,392
Net earaings
Rensselaer & SaratogaGross earnings
Operating expenses
19,572
9,990
133.341
56,739
148,323
87,690
118,709
66,229
837,238
491,168
622,300
421,121
Chesapeake
& Ohio-
Gross earnings
Operating expenses
Three weeks only of July in e acli year,
t For the four weeks ended July 31.
i For the four weeks ended July 30.
OB08S EARNINGS FROM JAN. 1 TO JULY 31.
1879.
North'n—
Gross earnings
12,491,254 4,258,282
4,258,282
16,749,536
Total
Increase. Decrease.
3.5.442
107.990
7,747
16.501
1.458,H33 301.167
62.142
173,383
536.843 133.474
47,692
66,437
773,172 252,828
1,314,231 402,330
34,231
79,857
10,460
29,863
554
68,602
90,993
309.334
1,302
29,379
86.072 286,118
70.546
70.334
12,195
76,815
34,578
79,410
601,684 188,593
67,2hl
297,863
63,674
99,810
93,322
468,017
2.'».013
105,233
14,889.
88,549
17,846
98,295
17,701
40,630
15,318
26,470
49,472
68,830
419,246 307,854
16,554
26,299
66,308
258.659
110.491
19,569
2,194,422 668,894
189,003
18,709
42,924
192,324
4,933
43.691
2,844
17,830
11,042
389
93,363
40,685
37,778
8,382
332,167 109,833
126.959
86.997
81,452
31,862
241.339
30.750
24,120
9,839
163,113
32,598
103,843
8,423
671,934 393,096
143,432
24,248
XXXI.
figure
OKOSS EARKINOS IN JDLY.
Bari. Cedar
[Vol.
*
1879.
1880.
Burl. Ced.ar Rap. & No..
Cairo & St. Louis"
Central Pacitlc
Chesapeake & Ohio
Chicago & Alton
Chicago & East. Illinois.
Chicago Mihv. & Sl.Paul
Chicaso & Northwest
.
.
Chic.St.P.Minn.& Omaha
Cincinnati & Springtteld.
Clev. Col. Cln. & lud....
Clev. Mt. Vernon & Del
Denver So. Pk. & Pacifle
Flint & Pcre M.^r(iuette.
Grand Trunk of Canadat
Great West'n of Canadat
.
Hannibal & St. Joseph..
Indiana Bloom. & West..
111.
Central
Do
line) ....
(la. leased lines).
(111.
Internat'l & Gt. North..
Kan. City F. S. & Gulf*.
Kan. City Law. & So.'...
Louisville -^ Nashville
.
Minneapolis & St. Louis*
Missouri K.^usas & Tex..
Mobile & Ohio
N. Y. Cent. & Hud. Riv.
Northern Pacific
Ogden. & L. Champlain.
Padueah
<k
lOlizabetht'n*
Paducali & MemphLs*...
St.L.A.&T.II.main line.
Do do (brandies)
St. L. Iron Mt. ASouth'n.
& S. Francisco.
& Sioux City
$
202,627
10,244.255
1,494,560
4,0S6,202
616.861
6,473,000
10,120,320
807,590
474,750
2,248.008
239,749
1,238,533
857,102
5.748,799
2,7.11,531
1,300.037
673,142
3,361.533
884,348
833.693
397,877
385,558
4,678,080
352,953
2,305,928
1.133,213
18,605,794
1,145,279
284,148
198,991
107,141
753.131
344,020
3,060,186
St. Louis
St.
Paul
Scioto Valley
Toledo Peoria
Wabash
St.
I,3.i0,9l9
755.943
168,703
772,902
6,378.933
& Warsaw
& Pac.
Louis
.Total
99,172,499
Ifet Increase
'
)
1
Increase. Decrease.
$
$
761,814
126,680
1,125.778
$
363,964
75.947
930.014
508.369
9,314.241
936,191
2,720,756 1,365,446
454,630 192,231
4,808,331 1,664,669
8,274,563 1,845,763
630,603 176.987
375,133
99.623
1,778,591 469,477
212,623
27,120
308,683 929,8.50
597,619 259,483
4,769,815 978,984
2,341,294 410,237
992,869 307,168
611,699
61,443
2,996.477 365,056
804,673
79,673
782,538
51,105
417,727 180,150
232,508 153,050
3,048,001 1,630,079
225,281 127,672
1,501,466 804,462
967,070 166,148
15,352,390 Z ,253,40i
901,566 243,713
207,478
76.670
147,323
51,668
84.622
22,519
492,610 260,521
285,544
58,476
2,261,201
799,225
646,813 684,106
577,636 178,307
148,199
20,504
678,109
94,793
4,311,720 2,067,218
Net earnings
33,495
Delaw. & Hud.—Penn. Div.—
Gross earnings
76,608
Operating expenses
54,906
Net earnings
New York & Canada-
Net earnings
Delaware
Total'of
to the
Net earnings
Net earnings
Houston & Texas Central
for
below.
the six
The
months, which
,
Gross earnings
Operating exp. and taxes
.
.
Net earnings
& NashvlUe
..
Gross earnings
Operating expenses
Net earnings
Nashv. Chatt. & St. Louis—
Gross earnings
Operat. expeus. and taxes.
is
2,383,094
1,117,401
1,886,693
1,166,274
135,404
150,660
963,693
720,419
360.300
260,500
271.0^0
222,400
1,160,833
995,825
1,202,674
866,113
52,480
99,800
48,600
195.329
170,483
163,798
140.832
24,844
22,966
465,008
336,561
*870,000
482,1.'^0
504,?29
229,779
3,950,980
2,335,272
2,628,755
1,559,184
387,830
274,450
1,615,708
l,069,o71
144,155
t85,9ol
105,347
83,710
l,n24,70o
;584,872
837,887
543,853
53,171
21,337
439,833
294,034
219,891
136,783
169.116
137,742
83,103
31,374
Louisville
a care-
ful examination of the table of net earnings for
And
201,179
340,930
190.270
00,635
Great Western of Canada
Gross earnings
Operating exiienses
77,137,205 22,035,294
22,035,294
Chronicle readers
346,070
336,096
250,692
& Hudson Co.'s roads —
Gross earnings
Operating expenses
Three weeks only of July in each year.
From January 3 to July 31.
From January 2 to July 30.
Again we commend
549,041
Net earnings
725,179
Delaware & Hudson Canal Company's roads
Albauy <fe Susquehanna—
Gross earnings
110.933
80,926
77,440
48,204
Operat'g expenses
Net earnings
Yorl£ & New EnglandJune New
Gross earuiugs
given imraediately
relative net results of business are so differ-
ent on different groups, or classes, of roads that no estimate of a probable percentage of operating expenses will
answer the purpose as a basis on which to calculate the
net earnings. We mean by this that in case of the
numerous railroads which report their gross, earning-j
Operating expenses
Net earnings
New York Lake Erie
& Western-
Gross earnings
Operating expenses
Net earnings
Northern Central—
Gross earnings
Oiioratiug expenses
if et
earnings
—
1,661,812 1,230,419
939,895
945,704
9,091,064
5,639,192
7,665,092
5,810,250
716,108
290,524
3,451,872
419,193
275,966
315,307
267,240
2,215,790
1,527,075
1,854,843
, „„, _„„
1,834,520
l,343,52j
143,227
48,067
683,715
490,997
AuatiST
THE
14, 1880.1
June.
1879.
1880.
,
Ogdensb.
r
& Lake Champlaln-
'—Jan. 1 to June 30.^
1879.
1880.
1B-1*7S7
.^-^i-ini
J3,0Z3
21.177 ^8,506
Netoaniln«9
Pennsylvania (all lines east of PittHburg A Eric)—
,„,„.,,,,,,,„.„
3,'2ai,476 2,390,810 19,131,071 15,4l4,0.i8
Gross earnUigs
2,209,229 1,789,810 11,339,062 9,508, 201
OperatLug expenses
1,012,247
Neteanilnga
& Erie—
GrossiaruiuKs
Operating expenses
rbiladelpUia
331,023
2 42,609
5,845,851
3,094,409
, __, „„^
1,774,797
1,147,889
000,994
.,,
211,515
200,493
or. ^c
1,354,08»
1,005,971
,
83,414
11,052
026,908
348,113
^'G™sfeirurng^^^"!'.'':'.""363,454
309.807
Operat. and extr'y exp..
281,921
2.618,486
1,929,091
232, 978
53,787
48,913
Net earnings
.
Net earnings
1, 443,570
J£62,059
485,524
755,827
^[ay.
1880.
Grand
Tnmk of Canada^
Gross eaniings
Operating expenses
Net earnings
i!
.
Jan. 1 to
1880.
.
1879.
*
There
is
additional capital to conduct it, and hence no material
is apparent in the supply of mercantile paper.
Werepolitical affairs less disturbed, had there been no renewed dis-
have but recently come to hand.
.
ica.
increase
*
figures
New Zealand, and
to some parts of South Amerreason to believe that that improvement has been
maintained, and the next official trade statement is therefore
awaited with some interest. But trade doss not seem to require
Australia and
much
Approximate.
Not Inc'liuliug taxes in June. 1880.
t Not including taxes for JIarcli, April and June, 1880.
*
The following
is probably as active as it can be expected'
be at this period of the year. In metals there is still considerable movement, but the finctaations in prices are chiefly
caused by speculation, a desire being shown to secure profits aosoon as they accrue. In manufactured goods a fair amount of
business is passing, and it is believed that the greater portion of
The last returns of the Board
it is conducted on a sound ba«is.
of Trade showed that the improvement in our trade during the
current year was due, not to the increase in American business
alone, but- also to largely augmented shipments to the East,
merce of the conntry
to
«
3a,244
Operating expenses
.
1G9
(.'HRONJ('LE.
May
31.—,
1879.
_„„*.,,
708,111
*
158,939
107,240
13.5.434
i9S,354
822,755
576,745
51.699
37,080
246.0J.0
560,522
147,589
mottctargieJammevclaX ^vlqUbU Ulews
KATES OF EXCHANGE AT LONDON AND ON LONDON
AT LATEST DATES.
EXCHAXGK AT LONDON—
EXCHANGE ON LONDON.
July 31.
Afghanistan calculated to prolong the war and our
occupation of the country, and were the Turks more disposed
to yield to the wishes of Europe, still greater confidence would
no doubt exist ; but those political difficulties which present
themselves are regarded by some as serious, and are certainlyformidable enough to justify caution in business. The following are the present quotations for money
I'er cent. Open-market rates—
Per cent.
'2^
4 months' bank bills
17g3'2
Bank rate
2'iia2i4
6 months' bank bills
Open-market rates
l^jal's
4 & 6 months' trade bills. 2>ad<3
30 and 60 days' bills
a-ster in
:
3 mouths'
The
l^ial's
bills
rates qf interest allowed
by the joint-stock banks and
discount houses for deposits are as under
On-
Rate.
Time.
Paris
Paris
—
Antwerp
Amsterdam
Amsterdam
Short. 25-30 ®25-40
3 nios. 25-47i2®25-55
Short.
3 mos.
Berlin
Hamburg
. .
Frankfort...
....
Vienna
25-30 ®25-55
12-2®12-3
12-4 ®12-4J3
20-60 ®20-69
20-66 ®20-69
20-66 a-20-69
ll-97'2al2-02>s
Kate.
Joint-stock banks
25-33 "a
discount houses at call
with 7 or 14 days' notice
Do
....
July 31 Short.
25-'3i
JiUy 31 Short.
12-12
20-50
20.50
20-50
117-80
....
July 31 Short.
July 31 3 mos.
....
4712 347%
47 '8 347=8
Madrid
....
I^bon
Genoa
Per eent.
Time.
July 30 Short.
245e®21i3
Bt.Pclersb'rg
Cadiz
Latest
Dale.
Copenhagen.
28-35
19-42
®28-40
-
Bombay
....
30 days
Calcutta....
Hong Kong..
Bhanghai
Is. 85,6d.
Is. 8oi8d.
the average quotation for English wheat, the price of
middling upland cotton, of No. -40 mule twist, fair second quality,
and the Bankers' Clearing House return, compared with the
three previous years:
sols,
Circulation, including
27-80
July 31 3 mos.
S 18-45
Alexandria.
New York...
1%
Annexed is a statement showing the pre.sent position of the
Bank of England, the Bank rate of discount, the price of Con-
1879.
1880.
5211i6®52i3
....
....
iJulv 31
£
s,
Is. 87,8ll.
Is. S^iKd.
3s. lOd.
"
.58.
334d.
[From our own correspondent.)
LosDON, Saturday, July 31, 1880.
"We have had a week of unsettled weather, and some heavy
rains have again visited many parts of the country. The collection of the hay crop has, in consequence, been much impeded,
and a comparatively small quantity has been secured in good
condition. The harvest of cereals has also been delayed, and it is
not expected that it will be commenced even in early districts for
a fortnight. Last week, however, say some of the farmers, the
crops were ripening rather too fast, so that the check they have
received during the present week has been to some extent beneficial.
Barley especially, had the weather continued dry,
promised to be hard and "steely," but, if we should now have
some propitious weather, this crop will be an excellent one.
The rains have not, however, been favorable for wheat, the ears
having in many cases imperfectly developed themselves ; but
they have aided the root crops to a very important extent, so
that during the winter months there will be an abundant supply of cattle food. The pastures are also luxuriant and there
is every indication of a good second crop of grass.
There has
occasionally been some despondency regarding the agricultural
prospect, but the total yield of produce will be by no means
unsatisfactory if we should have fine weather to mature the
crops and enable the farmers to harvest them in good condition.
The money market during the week has been rather quiet,
with but little alteration in the rates of discount. The settlement on the Stock Exchange produced very little additional
demand for money, while for trade purposes there has been no
1878.
1877.
£
&
28.347,702 23,758,360
3,507.542
5,369,654
21.977,431 23,079,821
16,749,692 16,180,886 15,240,605
17,759,820 18.665,653 18,445,793
21,372,218
8,903,407 12,983,171
post bills .... 27.184,690 29,637.121
4,378,466
5.287.002
Public deposits
26,378,.5.30 33.293,4-^7
Other deposits
Bank
Go vernm't securities. 15.545,921
July 31 Short.
4 mos.
•*
July 31
<«
July 31
l»a
lia
IT. 506,951
Other securities
Bes've of notes & coin 16,774,527
Coin and bullion in
both departments.. 29,002,897 35,691,093 21,960,422 26,741,531
Proportion of reserve
34-46
56-20
52-55
to liiibilities
4 p. c.
2 p. c.
213 p. c.
2 p. c.
Bankrate
95J«;
95
97^8
98
Consols
7d.
64s.
6d.
44s.
478.
7d.
438. 6d.
Eng. wheat, av. price
63,fld.
65ed.
60i6d.
Mid. Upl.and cotton .
613i«d.
9iad.
Oi^d.
lOd.
lligd.
No. 40 mule twist....
Olearing-House ret'n. 82,257,000 73,682,000 108,672,000 103,99o,000.
The principal feature in the bullion market during the week
has been an increased inqury for gold for export to the United
States, and that in addition to shipments of £100,000 from
Nearly
Liverpool and £60,560 from Hamburg and Havre.
£200,000 has been purchased in the open market to-day for the
same purpose. Silver has been in demand for the East, but
Mexican dollars are rather cheaper. The following prices ot
bullion are
from Messrs. Pixley &
Abell's circular:
GOLD.
Bar gold, fine
Bar gold, containing 20 dwts.
Spanisli doubloons
Sontli Auici-iciin doubloons
United
St;itcs
German gold
silver,
gold coin
coin
«
<f.
».
per oz. stand.ird. 77 9 a
per oz. standard. 77 IOI2®
peroz. 73 9 3>
per oz. <3 9
per oz. 70 3H!»
peroz. 76 314®
74 3
d.
d.
SILVEK.
d.
per oz. standard. 52i3i6®
per oz. stimdard. 533,8 a
-S
peroz. 57
....
Cakesilver
peroz. 51S9 » •••.
Mc.vic.-m dollars
peroz
» ....
ChiUau dollars
Discount, 3 per cent.
Quicksilver, £6 17s. 6d.
The following are the current rates of discount at the prinBarsilvcr, fine
Bar silver, containing 5 grs. gold
cipal foreign centres:
Eanic
rate.
Pr.
ct.
Paris
.
213
Amsterdam..-.
.
3
.
313
.
4
Brur*..^els
Hei-liu
Hamburg
4
Open
Sank
Open
niarhet.
Pr. et.
rate.
market.
Pr.
Genoa
Bencva
21a
2ioa)2%
Madrid, Civdiz &
Barcelona
Lisbon & Oporto.
et.
J'r. el.
4
31a
313
4
4
5ia
."5
-SG
5i«®5%.
ZHm 413*5
2>2®2% Copenhagen
4
The state of the American exchanges with Frauktort
New York
Vienna
4
31a
Europe has been the source of some di.scussion but it has not St. Petersburg
5
Calcutta
6
4
yet had much effect, though an export of gold to New York is
The stock markets during the week have been steady. They
expected to commence before long. This will necessarily give received a slight check in consequence of the unsettled weather
firmness to the money market and compel the directors
they
of the and the unfavorable news from Afghanistan, but to-day
Bank of England to augment their terms. Manufacturers and leave off with a good appearance. American Government and
political economists, however, look forward to
a larger business railroad bonds have been in request, and the quotations havein goods, and therefore to more prosperity in trade. The com- had an upward tendency.
,.
increase of inquiry.
.
I
I
.
I
;
.
.
I
aia
THE (mHONIOLE.
170
unsettled state of the weather, which I have already
to, has caused the wheat trade to rule somewhat
The
referred
but there has been no material advance in prices.
Holders, however, have obtained some slight advantage in some
very
cases. Not only is the supply of wheat in farmers' hands
limited, but the stocks in granary are low, and there is no
prospect of any considerable quantity of home-grown produce
arriving at market for at least a month. Millers, however,
still operate with considerable caution, as the arrivals of prodfirmer;
uce
off
7.
SUver.peroz
97i^ie
98
5234
52%
93iia
983ia
103%
114%
0. H. lias of 1891
U. S. 4sofl907
stock
niinois Central
12
133
Liverpool Uottm Markit.
45i8
—
«.
a little below the average in a few parts of Lower Hungary,
but in Upper Hungary and along the right shore of the Danube
a good average harvest may be expected. The quality is firstrate.
Rye is a little below the average everywhere, but the
quality is very good indeed. Barley will be above the average,
both as to quantity and quality, so that it is generally hoped
there will be considerable export for brewing. Oats and Turkish
com also promise well. From Russia the latest harvest news is
better than that given a short time ago. It was feared that the
severe winter would have affected the corn, but the month of
June has mended matters. The harvest will be much below
the average, but a repetition of last year's distress need not be
feared. We learn from forty-one Russian provinces that coin
is generally in but a middling condition.
In Kiew only a good
harvest is looked forward to. In some places the severe winter
has prevented the growth of corn, while the dryness of the late
spring and the enormous development of insects has affected
other districts.
During the week ended July 2t the sales of home-grown
wheat in the 150 principal markets of England and Wales
amounted to 17,701 quarters, against 19,039 quarters last year
and it is estimated that in the whole kingdom they were 66,800
quarters against 70,400 quarters in 1879. Since harvest the
sales in the 150 piincipal markets have been 1,357,354 quarters,
against 2,420,603 quarters
while it is computed that they
have been in the whole kingdom 5,429,500 quarters, against
9,682,420 quarters in the corresponding period of last season.
Without reckoning the supplies furnished ex-granary at the
commencement of the season, it is estimated that the following quantities of wheat and flour have been placed upon the
British markets since harvest.
Pork,West.me8S..^bW.61
61
Bacon, long clea-:, cwt.. 38 6
38 6
"
Short clear
40 6 40 6
Beef, pr. mess, !g tierce. 57
57
Lard, prime West, ^cwt.39 6
40
Cheese. Am. choice " 58
00
London Petroleum Market.
Sal.
Mon,
;
1878-9.
1877-8.
1876-7.
14,923.691
8,198,710
51.032,207
40,3KH.927
6,203,901
23,527,500
41,957,180
32,020.000 33,962,300
85,133,616
1879-SO.
Imports of wheat. cwt.52.5Stj,273
Imports of Hour
9,319,873
Sales
of
7,564,51.5
home-grown
produce
Total
Deduct
expoita
wheat and flour
95,079 617
90,076,752
1,524,489
1,721,909
1,585,772
819,119
83,909,157
93,357,703
89,090,930
79,716,742
Result
Av'Re price of English
wheat
80,536,191
or
for the season.
Visible supply of wheat
lOs. lid.
lOs. Id.
503.
5'1.
53j. 9
1
iutheU. 8
bush. 11,000,000 11,676,231
5,086,271
1,975,455
The following statement shows the extent of our imports
and exports of cereal produce into and from the United Kingdom since harvest, viz., from the first of September to the
close of last week, compared with tha corresponding period
in the three previous seasons
I
:
IMPORTS.
,^ ,
Wlieat
Barley
Oats
Eeiw
Beans
Indian
Flour
com
„_
wheat^
Barley
gats
^"^
Beans
Indian corn
!1^"^
1879-30.
cwt. 52.536,273
12,026,741
13,261,527
1,933,810
2.515,715
26.653.103
9,319,373
1878-9.
44,923,691
9,633.579
10,668.775
1„503,998
1,565.067
33,053,837
8,198,746
EXPORTS.
1879-80.
1878-9.
cwt. 1,322,763
1,562,102
29,500
107,021
93.003
95,365
98.663
21,811
80,873
16.6 12
671,199
471.631
191.721
159.807
lll'a
1134
113%
11314
42'8
II6I2 xll3
59'8
lO's
11
10%
Wed.
Tucs.
d.
«.
13
13
10
10 1
9 2
1
1
9
10 2
9 2
Liverpool Provisions Sfarket.
d.
9
"0
2
51
Tues.
d.
Wed.
Thurs.
S^tS'^i
..
..
..
..
a>
.
®
a
..
Fri.
.
d.
s.
Fri.
d
aiSH
7'2®3
8
9
65
40
42
53
41
59
TJiurs.
d.
..
d.
9 11
5 1
65
40
42
58
41
59
Wed.
d.
..
Fri.
s.
12
10
d.
s.
65
39
41
58
40 6
60
Tiies.
d.
d.
«.
64
38 6
40 6
57
40
60
—
d.
d.
s.
O
9 9
9 10
9 5
9 11
—
«.
d.
s.
12
9 11
9 1
9 7
9 8
9 5
9 11
5 1
9 10
9 11
Hon.
Sal.
d.
Thurs.
s.
12
10
95 95
9 11
9 11
SOigDl
s.
xll3%
43%
ll«ia
H«8
(f.
Flour (ex. State)<pcent'1.13
Wheat, No. l.wh.lOOlh.lO I
Spring, No. 2...
"
9 1
Wiuter,Weat.,n"
10 2
"
Southern, new.
10 2
Av,Cal. white..
"
"
California club.
9 11
Coru.mixed.West.Scnt'l
;
105%
Ill's
—
Advices from the Continent state that in Austria and Hungary the harvest has commenced, and in Hungary it is very far
advanced. Rye, wheat and barley are being reaped, and oats
will follow in the course of a week.
In Hungary threshing has
commenced, and will be carried on with energy, so as to profit
by the present high prices. As to harvest results, the favorable
Wheat
intelligence given already is generally being confirmed.
»
®
08 '-la
105%
52llij
98116
9819
105!%
138
138
137% 137
See special report on cotton.
Mon.
95
50
13.
5211ie
971318
60ht
Vi^
Liverpool Breadstuffs Market.
Pet'leum, ref. ?1 gal. .
Pet'leum, spirits " ..
Aug.
12.
137'3
Sat.
s.
d.
is
Fri.
Aug.
H'i
117
60^
Ceutial
1,545,000 quarters last year.
liS^
II6I4
Philadelphiaifc Reading.
the coast have of late been considerable. The quanailoat is estimated at 1,723,000 quarters, against
IWe
45
60%
Peunsylvanla
New York
105%
Ill's
II314
117
Thurs.
n.
5259
SS'ia
9S3in
9*-',„
105%
11318
4514
common
Wed.
Aug.
Tiies.
Aug.
10
9S'-<ie
d. 52i3i8
Consols for money
Consols for account
U.S. 5s of 1881
wheat
tity of
Mon.
Aug.
9
Sat.
Aug.
Erie,
XXXI.
fVoL.
d.
3
(S/ommtvcinX mi&,]B^%isctlimita\x$ %cvos,
—
iMPORxa AND Exports for the Week. The imports of last
week, compared with those of the preceding week, show
an increase in both dry goods and general merchandise.
The total imports were $10,416,778, against .$8,661,582 the preceding week and $9,568,477 two weeks previous. The exports
for the week ended Aug. 10 amounted to $8,485,041, against
18,628,199 last week and $8,683,213 two weeks previous. The
following are the imports at New York for the week ending
(for dry goods) Aug. 5 and for the week ending (for general
merchandise) Aug. 6:
FOBEIGN IMPORTS AT NEW YORK FOR THE WEEK.
1877.
$2,165,563
2,875,386
1878.
$2,161,125
3,677,513
$1,933,920
3,575,331
1880.
$3,564,485
0,852,293
Total week
$5,040,919
Prev. reported.. 203,474,093
$3,833,633
169,723,903
$3,509,251
183,757,727
$10,416,778
301.435,791
Dry Goods
Gleneral mdse...
1879.
Totals'ce Jan. l.$203, 515,012 $173,581,546 $189,266,973 $311,872,569
In our report of the dry goods trade will be found the imports
dry goods for one week later.
The following is a statement of the exports (exclusive of
specie) from the port of New York to foreign ports for the
of
week ending August
10;
EXPORTS FROM
For the week
Prev. reported..
NEW YORK FOB THE WEEK.
1877.
$1,177,517
160,110,803
1878.
$0,636,779
203,296,030
1879.
$6,979,850
190,805,563
1830.
$3,185,041
239,370,001
Totals'ce Jan. l.$164,888,353 $209,933,426 $197,735,418 $247,355,642
The following will show the exports of specie from the port
of New York for the week ending Aug. 7, and also a comparison of the total since Jan. 1, 1830, with the corresponding
totals for several previous years:
Aug.
Me.'C. silv. dols.
Liverpool
$72,400
5— Str. Celtic
—
—gold)
Total tor the week i$72.100 silver and
Previously reported ($3,086,838 silv. and $3, 100,241 gold).
Tot. since Jan. 1, '80 ($; ,159,238 silv.
S^me
and $2,100,211
Same time in—
lime i/i—
gold)
$72,400
..
5,137,079
..
$5,259,479
.Same time
in—
$60,810,167 1871
$52,877,856
$11,719,477 1875
39.641.125 1870
42,990,445
9,123,779 1874
39.329.213 1869
24.220,964
22.34S,415 1873
55,820,441 1868
63.233,187
33,233,832 1872
The imports of specie at this port for the same periods hare
been as follows:
1879
1878
1877
1876
Alia.
1877-8.
1876-7.
51,092.207
13,253,926
11,318,928
1,677,370
2.621.728
34.099,192
7,561,515
40.369,927
12,186,563
11,027,027
1.251.755
4,170,522
31.673,900
6,203,961
1377-3.
1,500.536
62,131
111,048
19,801
19,560
227,263
490733
8.5.146
46:733
1876-7.
772 716
49 978
85 995
22,693
31.510
Busllsb inarket Keports— Per Cable.
The daily closing quotations in the markets of London and
Liverpool for the past week, as reported by cable, are shown in
the following summary:
London Money and Stock !tfa.rkH. —The bullion in the Bank
of England has increased £63,000 during the week.
2—Sohr. Caribbe.'in
2—Str. C. of Chester.
3—Str. Crescent City
British
West Indies. Am.
silv. coin..
coin-.
For. gold coiu..
.U. S. of Colombia... Am. silv. coin..
Am. gold coin..
For. silv. coin..
$4,225
Am. gold
.England
525
510,932
800
1,500
000
Gold dust
Venezuela
Nicaragua
4—Str.
4—Str.
5—Brig Pearl
5—Str. Santiago
Wielaud
St. Laurent
.
.
6-8tr. Arran
.
Germany
For.
.4m.
For.
For.
g:old oein
gold coiu
gold coin
France
Gold bars
British West Indies. Gold bars
Cuba
Venezuela
3,259
440
900
.
silv. coin..
.
.
137,802
5,790
143,610
15,000
silv. coin..
500
Am. gold coin..
54,600
Am.
For.
.silv.
430
coin..
Total for the week r$7,455 silver and $378,508 gold)
Previously reported ($3,191,506 silv. and $1,974,367 gold)
$335,963
..
5,163,873
Tot. since Jan. 1, '80 ($3,201,961 silv. and $2,852,875 gold) ..$6,054,836
Same lime in
Same lime !»—
Same time in
—
—
1879
1878
1877
1876
$6,478,412
14,209,773
7,736,313
2,851,030
1875
1871
1873
1872
$8,137,570
3,110,4.=il
2,901,763
2,819.609
1871
1870
1809
1863
$7,425,207
7,522,180
9,821.531
4.306,850
f
AOGUST
14,
THE OHRONK'LR
18£0.J
Th« following table shows the receipts and payments at the
8ub-Trea.iury in this city, as well as the balances in the hame,
"
"
"
"
7...
lo!!;
11...
12...
13...
Total
81
1,122,491 54
1,212,070 08
1,129,595 45
730,197
l,lo9,958
849,245
787,734
2,838,583
995,548
7,318.320
7,311,209 44
704,906 5?
1,488,790 91
1,000,393 93
4:
70
93
25
73
03
80,023,032
87,083,030
87,541.290
87.933.903
80,429,405
20
20
80.572.1 17
o::
31
80
02
0,781,499 41
0,700, 8»3 50
0,993,821 51
0,935,9(i8 31
0,813,901 84
0,805,290 35
Anti-Repudiation in Tennessee.—The Tenne.ssee Democratic
State Convention, which met at Nashville Tue.sday of this week,
elected George Washington, the " State credit" candidate for
temporary chairman, by the large vote of 940 against 2S)3.
His speech, denouncing repudiation, was received with prolonged applause. The permanent chairman was of the same
type, and made a speech declaring iu favor of sustaining the
State and national credit, and denouncing all forms or phases
of repudiation, which was loudly applauded.
Lake and Canal Rates in Jnly.— The Buffalo Commercial
Advertistr reports for July as follows: "The sea.son of 1880,
that opened so auspiciously for vessel-owners and boatmen,
continues in a very satisfactory condition. Freights by both
lake and canal were good on the average for Julv, notwithstanding that a determined effort was made at the West to
depress rates. The following statement shows the average
freight on wheat and corn from Chicago to Buffalo by lake,
and the average on the same cereals from Buffalo to the Kast
by canal, for the month of July in the years named
-Lake.Corn.
Wlieal.
—
Canal.forn.
Wlieat.
cents.
cents,
cents.
50
6-2
90
0'3
31
4-7
5-7
8-8
5-6
9-4
11-8
12'0
9-2
10-8
100
90
90
21
20
7-5
5-9
5-4
4-3
5-2
0-0
8-0
0-9
5-4
4-7
3-8
4-7
5 4
as this
1870
1871
1872
1873
1874
1875
1876
1877
1878
1879
1880
2-8
1-9
1-7
2-2
1-5
20
1-7
2-5
4-8
2-3
4-3
100
" Present indications are that rates will rule as high
average for the remainder of the season. It is estimated that
the wheat crop of the present year will reach 485,000,000 bushels, with plenty of old wheat in the bins besides. The corn crop
is boundle.ss in its promises, and the same may be said of almost
every product of the soil. With all this there is a good prospect for a large foreign demand; hence millions of money now
lying iu the vaults of the Old Woild will find their way into the
pockets of our producers and carriers the coming year."
New York Lake Erie & We.stern. This company makes the
following comparative statement for June and for nine months:
—
Net earnings
Oct. to .June,
inclusive—
Gross earnings
Working fxi)euses
Net earnings
Jnereasc.
$1,230,419
939,895
1880.
$1,001,812
945,704
$290,523
$710,107
1878-79.
$11,725,771
8,427,034
1879-80.
$13,718,841
8,042.282
$1,993,070
215,047
$5,075,559
$1,777,422
1879.
Gross earnings
Working expenses
$3,298,130
—
!i;i31,392
5,'i09
$-425,583
Increase.
Ogdensbiirg & Lake Chainplain. This company makes the
following statement for the three months from April 1 to
June 30
Gross earnings
Jixpeusea
Notearnings
.
1880.
1879.
$140,091
101,220
$103,930
90,881
$42,700
4,344
$45,404
$7,048
$38,410
Increase.
For July the gross earnings this year were ?i48,(344, an increase
of $4,953, or 11'3 per cent, over the same month last year.
Philadelphia & Reading. —The press reports from Philadelphia, August 7, stated that the report of the Masters in the
suit of Taylor vs. the Philadelphia & Reading Railroad and the
Coal and Iron Company, upon the proposition of the Receivers
of those two companies to issue certificates in payment of
wages and supplies furnished previously to the failure, was
Messrs. Clay & Dallas, Ma-sters, on the 8th inst., filed in the
of the Circuit Court of the United .States for the Eastern
of
the accounts of the Receivers of the Philadelphia & Reading
Railroad Company and the Philadelphia & Reading Coal & Iron
Company. At tlie first audit the railroad company's balance
on hand was $151,803, and between that date (June 23) and July
31, inclusive, the receipts have been $2,2;'8,888 and the expenditures $2, :)49,4.")3, leaving a cash balance on hand ot $101,238.
The Coal & Iron Company's account begins with a balance of
$10,848 on the 23d of June, and shows receipts of $724,486 and
expenditures of $811,720 between June 24 and July 31 inclusive.
The cash balance on hand on Aug. 1 was $22,614.
office
United States Circuit Court that morning. The report says that counsel for the Receivers, having stated that
application has been made by several parties holding claims
against the companies, who request payment of the same in
compliance with a decree of the court made May 24, have
a-sked the Master to examine and consider the entire subject of
the indebtedness of both companies for materials and supplies,
and the issuing of certificates therefor by the Receivers. The
Masters expre-is the opinion that by the terms of the decree the
Receivers are authorized to make payment of the sums due or
maturing tor wages or supplies but as the mortgage creditors,
who might appear to be prejudiced by allowing a preference
to those claims, are not actually before the court, their
rights are not affected. The decisions in various railroad cases
are reviewed to sustain the position taken by the Masters, who
declare "We see no objection to giving to the class of creditors
bpecified the certificates asked for." The printed forms of the
certificates are embodied in the report, and the Masters .sav, in
conclusion "In addition to the facts which we have already
stated, we report from the evid.-nce before us that the amount
due and maturing for materials and supplies by the Philadelphia
& Reading Railroad Company is about 3l,26.">,000 to May 24,
1880, and that the amount due for materials aud supplies by
Pitlsburg Titusville & Buffalo.—The following is a comparative statement of business of this railway for six months
ending June 30, 1879 and 1880
:
Uross
:
:
Expenses.
recei/its.
Kel profiti.
$140,929
155,002
$201,979
232,421
1880
1879
$121,IM0
77,419
$43,030
$29,557
Increase
Decrease
$14,072
'
Union Pacillc— American Express Company.—The
press
despatches from Chicago, August 9. state that the representatives of the Union Pacific Railroad infonned the American
Express Company that hereafter the Union Pacific road would
not receive freignt for transmission to different points along its
line from the American Express Company, which reaches
Omaha by the Chicago Burlington & Quincy and the Chicago &
Northwestern roads. This notice is considered a move to rorce
all express business for points beyond Omaha into the hands of
the United states Express Company, which carries over the
Chicago & Rock Island road, or into the hands of the Pacific
Express Company, which carries by the Wabash road. Tlie
Wabash road has just begun running through trains from the
West into Chicago. It is not known what action the American
Express Company will take.
Wabash St. Louis & Pacific. After numberless delays, the
Wabash St. Louis & Pacific Railroad opened its new Chicago
extension Monday, Aug. 9, both for freight and passenger
For the present the receipt and delivery of freight
business.
will be restricted to the Chicago & Paducah and Chicago &
Strawn divisions, the former extending from Streator to Efnngh3m and Altamont, and the latter from Chicago to Strawn.
Mr. C. L. Rising, General Agent in this city, has in preparation
a circular to shippers and other business men in relation to the
opening of the road, in which he will give full particulars
regarding the receipt and delivery of freight.— O/rtcai/o Tribune.
—Attention is called to the removal of Messrs. Geo. Wm.
Ballou & Co., from No. 8 Wall Street to the large and commodious offices at No. 14 Wall t-treet. This fiim is well known,
both in New York and Boston, and investors will find them representing some most important city and railroad loans.
Attention is called to the first mortgage bonds of the
Quincy Missouri & Pacific R. B. Co., now offered by Messrs.
Gilma"n, Son & Co. of this city. These bonds are issued to complete the road, ani the interest 6 per cent gold) is guaranteed
by the Wabash St. Louis & Pacific R. R. Co. These bonds will,
no doubt, attract the attention of investors.
—Messrs. Levy & Borg report that, owing to the rapid sales
of the Memphis & Little Rock Railroad bonds, they will advance the price to 94 and accrued interest on and after Monday,
the IGth inst.
—The Little Chief Mining Company has declared a dividend
of one per cent (being $100,000j on its capital stock, or 50 cents
per share, payable at the office of the company, 137 Broadway,
on and after the 18th inst.
—The DeadA-ood Mining Company has declared its eighth
regular monthly dividend, payable at Wells, Fargo & Co.'s, on
the 20th inst. Transfers close on the 14th.
—
—
Smm ANU
FINliliCIAL.
FISK & HATCH,
filed in the
;
is
District of Pennsylvania, their report on the second audit
$
S
$
Aug.
Currencif.
Gold.
& Reading Coal and Iron Company to the
about $550,500." The order of Judge McKennan,
approving of the report of the Masters, dated August 6, is
the Philadelphia
same date
affixed thereto.
JiiUitnces.
Payments.
Rtceiptt.
171
BJtNKER.S
AND DEALERS
And otlior ilo8iial)Ie
IN
GOVERNME.VT BONDS,
In\ ostment Securities,
No. 5 N.vssAU Strekt,
New
York.
nllissuesof Govern nieut Bonds, in lai-ge or small amounts,
at current marlcet prices, and will be pleased to fnrnisU iuformatlou In
reference to all matters connected witli Investments in Government
Buy and
sell
Bonds.
We are prepared to give information iu regard to flrst-class Railway
Securities and to execute orders for tlic same.
Buy and sell all marketable Stocks and Bonds on commission, at tlia
Stock E.xeliange or in tbe open market.
Receive .accounts ot Banks, Bankers, Merchants and others, and allow
aud for tliose keeping accounts wltU us wo
intei'pst on daily balances
collect U. S. coupons and registered interest, and other coupons, divi;
dends, &c., and credit wiihout charge.
^p" We give spcci.il attention to orders rom Bank.s, Bankers, Institutions and investors out of the city, l)y Mall or Telegraph, to buy or
Government Bonds, State and Railroad Bonds,
Stocks, Kallroad Stocks, and other securities.
sell
We
Bank
have issued the Seventh Edition of "Memoranda Concerning
Government Bonds," oopies of which can be had on
application.
FISK
&.
HATCH,
THE
ir2
(^HROJSICLE.
[Vol. XXiil.
1880.
Aug.
Loans and
1878.
1879.
Differ' nces fr'tn
previous week.
7.
Auy.
Aug.
9.
10.
$304,765,800 [nc .$6,986,500 $272,930,000 $240,220,10*
Specie
19.624,1001
20,407,600
GS,70(>,«00 rnc
608.900
Oirculation ..
19,189,800
19.430.400 Deo.
47,200
20,082,100
Net deposits
297,024.200 Ino. 5.717,700 253.230,200 223,432,700
Legal tenders.
56,2S6,500
17,115,900 Dec. 3,515,400
50,435,500
Legal reserve. $74,256,050 Inc .$1,429,425 $63,307,550 $55,858,175
76,694,100
70,059,600
Reserve held.
85,822,500 Dec. 2,846,500
dis.
.
NATIONAL BANKS ORGANIZED.
.
The United States Comptroller of the Currency furnishes the
following statement of National Banks organized:
First National Bank of St. Paris, Ohio. Authorized capital,
$52,100; paid-in capital, $.52,100. Lambert Pond, President;
Enimot V. RlioadH, Cashier. Authorized to commence busi-
2.488—The
ness August 2, 1880.
DIVIDENDS.
The followln* dividends have
recently been aunotmccd
Xante of Company.
Pel-
When
Cent.
Payabte.
Hallroad.
Cleveland
&
Pittsb., guar, (auar.)
1%
On
31^
Bterlinjt Fire
Tlie
13,
Money Market and Financial
this
lis,
week
reports remain
good, and the fact seems to be conceded that this country
sure to have a very large surplus of grain for export.
is
In all
reasonable probability, the tonnage of our railroads during the
next twelve months
is
certain to be large,
1880
1880
68, 1881
68, 1881
58, 1881
OS, 1881
4>as, 1891
iHn. 1891
48, 1907
48,1907
68,
—Without
market
The crop
has shown a declining tendency.
1.
1880—5 P. M.
Situation.
in the general situation, the stock
$0,752,050| $20,835,925-
—
dein.
FRIDAY, AUGUST
any change
$11.560,450 Dec $4,275,9251
United States Bonds. There has been a moderate business
in governments, and during the past day or two a slight tendency towards easier prices. At the weekly Government bond
purchase on Wednesday, the total offerings to sell amounted to
*6.387,100. The Secretary accepted $1,080,000 5s of 1881, at
102-GS@102-70; $1,307,000 6s of 1881, at 10-l-68@104-74, and
$113,000 68 1880, at 102-35@ 102-44, making a total of $3,500,000.
The closing prices at the New York Board have been as follows:
BimUs Cl'iscd.
(Days tHclttsUe.)
1 Aug. 11 to Sept.
Sept.
Insurance.
Surplus
and the main question
Interest
Aug.
Aug.
Aug.
Aug.
Aug.
Periods.
7.
9.
10.
11.
12.
1
Aiig.
13.
3. *102i4 •IO2I4 •10214 •10214 •IO214 •10214
J. ••102 14 •102 14 «102l4 -10214 •10214-10214
reg. J.
J. 104=8*10458 *104-'58 no4''8 •10458 '10459
J. *104i2 *104'S8 *10i-'% •10458 •lOlSg: 10458
coup. J.
reg. q.-Feb. •10258 '102^8 •102 58 •10258 •1025* -10258
reg. J.
coup. J.
&
&
&
&
coup. Q.-Feb. -10258 *10258 -10258 10258
reg. Q,-Mar. '110>8 -11018 •llOifi •llOifl
coup. (J.-Mar. lllH'lllie •11118 •11119
reg. O.-Jan. -109'ii|*)0934 •109 '8 •109^8
coup. Q.-Jan. 109»4,n09% 10978 109T8
'125 -125 •12.)
cur'cy, 1895. .reg. .f. & J. •125
•1251^ •126
cur'cy, 1896. .reg. J. & J. n25«t*126
68,
68,
88, cur'cy,
88, cur'cy,
88. cur'cy.
*1025s^l0258
iioia
•no
1
•111
,*111
109^8' 1097s
1097a*1095i
•125 •125
-12c •1251a
•127 -126
128 •1261a
•129 •127
1897. .reg. J. & J. •12614*127 •126 •137
1898.. reg. J. & J. •12634 '128 •12612 •128
1899.. reg. J. & J. *127i2i*129 •I27I2 •129
This is the price bid no sale was made at the Board.
The range in prices since January 1, 1880, and the amount
of each class of bonds outstanding Aug. 1, 1880, were as follows :
:
to be settled
is in
regard to rates.
It is impossible at
such a
time aa the present for the careful stock-broker not to look
back and contemplate the situation of
two or three years preceding the
1873,
affairs
is
anything in the present
condition of our railroads at all resembling their dangerous
would seem
A fair
view of the matter
to furnish the reply that there is really but little
analogy between the two periods.
At that time railroad
build-
ing was conducted recklessly, at a cost which was seldom
present time
nearly
all of the railroad construction
is carthe direction of strong corporations having
already an established business, and many of them paying
dividends; and the average cost now is about $15,000 per mile,
ried on under
at 6 per cent, against $25,000 per mile in 1871-3, at 7 per cent
per annum. But one of the most disastrous and discouraging
results of the crisis of 1873 was the decline in earnings on old
railroads which were supposed to have a business that could
never fail such, for instance, as Lake Shore and Michigan
—
An examination of their reports shows that the
decrease in earnings was the result of low freight rates rather
than of any great loss of tonnage ; and in the immense gain
Central.
—
on the trunk
lines this year in their net earnings amounting to
per cent on the Pennsylvania Road and 86 per cent on the
Erie for six months we observe th e difference between years
of low and high rates. With the far better understanding
among the managers of the trunk lines, and the fact that the
whole tonnage of the West must still be thrown over these five
lines and the Krie Canal, we see no prospect of any permanent
decline in rates which can be at all similar, in its extent or it^
consequences, to the great war of rates which began under the
regime of the late Commodore Vanderbilt, and was not finally
terminated until the Fall business of 1879.
Our money market has been abundantly supplied with funds,
and, except in the advance to 4 per cent which took place for a
little while in the early part of the week, stock borrowers have
paid 2.)6@3 per cent and Government bond dealers 1^@2>^ per
cent for call loans. Prime commercial paper becomes firmer as
autumn approaches, and i/2@5}^ per cent is now quoted.
38.?^
—
The Bank of England weekly statement, on Thursday, showed
of f 68,000 in specie, and the reserve was 51 per cent,
against 50 15-16 per cent last week.
The discount rate remains
at 2^ per cent. The Bank of France lost 6,600,000 francs
a gain
during the week.
The last statement of the
banks, issued August
legal
7,
New York City Clearing House
showed a decrease of $4,275,925 in the
reserve, the total surplus being $11,566,450, against
$15,842,375 the previous week.
The following table shows the changes from the previous week
and a comparison with the two preceding years.
Aug.
Megistered.
Highest.
1.
1980.
Coupon.
$2,900,000
101 ?i July 27 10478 May 20 $12,657,000
54,292,250
103^8 July 9 10719 May 26 164,629,950
188.922.050
104i8Apr.
28 295,207,500
4
10258Aug.
78,001,000
10638 Jan. 2 111% Aug. 2 171,999,000
103 Jan. 2 10978 June 7 530,386,100 207,794,350
64,623,512
Aug. 5
68,cur'ncy.reg, 125 Apr. 21 128
Closing prices of securities in Loudon for three weeks past and
the range since January 1, 1880, were as follows:
68, 1880. ...cp.
68, 1881.... cp.
58, 1881. ...cp.
4ia8, 1891. -cp.
4s, l»07....cp.
less
than $25,000 per mile, and with little regard to the wants or
capacity of the country wherein they were located. At the
Amou nt
since Jan. 1, 1880.
Lowest.
financial crisis of September,
and ask himself whether there
financial condition at that time.
Range
during the
July
30.
0.8. 58 of 1981...
U. 8. 4I38 of 1891.
U.S. 48 of 1907...
.
Aug. Aug.
I
13.
6.
linnnesinte.Tan.\,\Sb(i.
I
Lowest.
Highest.
105% 10558 1055s 104I2 Apr. 15 10678 Jan. 12
1145s 111% xl33i 1097b Jan. 2 11478 Aug. 3
112r>8 113
II314I1O6I4 Jan. 2 113% Aug. 12
—
State and Railroad Bonds. There have been a few transactions in Tennessee bonds new, and new series, and also in
Alabama class A and Louisiana consols.
Railroad bonds are in sharp demand from investors, and
since the first-class long bonds of all kinds have advanced to
such high figures—usually 110@120— the bonds of a lower rank
are receiving more attention.
Adrian H. Muller & Son sold the following at auction :
Sh fires.
llonds.
16 Williamsburg City Fire
$12,000 Coney I^lalld & Brook202I3
Ins. Co
lyn RR. l8t mtge. 7 per
120ia
lOISlOSM 30 Marine National Bank
cent bonds
113
Bank...
Central
Nitional
67
Chicago
Galena
&
$14,000
50 Dry Good's Bank, $100
RR. Co. l8t mtge. 7 per cent
each (less $82 50 paid
extended bouds, due 1882,
on e.ich share), per sh.,$170
IO314
interest Feb. and Aug
S<|uare Bank. $100
Union
30
Co.
of
Gaslight
People's
$200
each (less $10 paid on
Brooklyn 7 per cent scrip. 9413
20c,
eaeli sliare), per sli
Shares.
400 Giild mil Mining Co. of
50 Coney Islaud &. Brooklyn
North Carolina. $3 eaiiji,
$6 50
per sh
40 Bank of .Manhattan Co. 133
38 National Butchers' and
113
Drovers' Bank
35ii2 100 New York Bowery Fire
Brooklyn
200
Co
Iu.s.
Bank
of
7 First National
226
20 Paeiflc Fire Ins. Co
216
Brooklyn
1,071 Brooklyn City RR. Co.
10 American Exchange Fire
IO712-I75
103
Insurance Co
Railroad and Miscellaneous Stocks. The stock market,
after showing a very decided weakness the past dajr or two,
closes with a much better tone and a partial recovery in prices.
There has been a good deal of talk about a bear movement,
for the purpose of depressing prices to enable some of the
large operators to get in on a lower basis, preparatory to the
Fall campaign, an(l so far as the temporary weakness was influenced at all by speculative manipulation this theory is as ^ood
as any other. It is certainly true that the railroad earnings
keep up to the highest standard that could have been reasonably expected, and on everything, except perhaps the coal
roads of which we have little satisfactory information, the
receipts are well maintained. It is predicted by some that the
money market will probably be active during the Fall, and this
seems quite possible; but it has not recently been the experience of the stock market that a temporary stringency in money,
without other influences, had the effect of keeping down the
prices of stocks which were really worth buying for their
The stocks recently the strongest, that is in
intrinsic merit.
the past fortnight, have been the former grangers— Northwestern and St. Paul— and the reports have been freely circulated of increased dividends out of the large earnings of these
81
RRCo
30 German-.\merican Bank. 7614
59 1^
Co..
RR.
20 Second Avenue
5 New York City Ins. Co.-. 53
of
GasUght
Co.
200 People's
. .
—
roads.
AuotJST
The
THE (mRONlCLE.
14, 1880.]
daily highest
and lowest prices have been as follows
-t'llmt i-orniiif/n rejxn-Ud
^-Jan. 1 /o laU*l
iHSO.
1H79.
1880.
WrekorMo.
Che«.&Ohlo
Am.
DIat. Tel.
Atl.il'ttC.Tel.
CunudaH^mth.
Cent.of N. .1..
Cent.
I'lu^lMo,
Ches.&Obio..
Do
Do
Chic.
1st prf
2ilprf..
& Alton.
Chlc.Bur.& O.
Chlc.M.&Sl.P.
Do
pref.
Chlo.AN.
\V..
pref.
Do
C.U.I.*P.neiv
Ch.St.li.A.N.O.
Ch.St.P.M.&O
Do
Del.Lack.&W
Denver* K.G
pref.
Hou».*Tex.C
Illinois Cent..
Lake Krle&W
Luke Shore....
IjOulsv.&Nuah
Munhiittun
Mar.SC.l9t pf.
Do 2d prf.
.
Mlch.Ceiitnil
Mobile* Ohl.
Mo.Kans. &T.
Ks»e.v..
Nash.Cli.*-itl,
NewCent.Coal
.
N.Y.C.AH. H.
N.y.L.B.iW.
Do
pr^f.
N.T.Ont.* W.
Northern Pac.
Do
.
pref.
Ohio Central
.
Oblo&Mls.s...
Do
pref.
PaclfloMall...
Panama
Phil, ft Head V
8t.t,.A.tT.lI.
Do
pref.
Ft.L.I.M.&So.
Et.L.i S.Fran
Do
Do
pref.
Istprf.
Fn ro Tunnel.
Union PaciHc.
Wab.St.L.A P.
Do
1879.
1
Han.&St.Jo.,
Mor.A
ilalr..-^
July
$23.-..325 $171.:is:t «I.<«4.S60
9986.191
Chlca)ro& Alton .4tliwkJ'Iy 20«,(ili
Ktl.-n.'i 4,080 202 2,720.756
Chic. Biirl. AQ...Jiinc
1,43I,.'>IR l,I0U,9U8 8,148,763 4i,3l0.2»9
Chlc&Kust. ni.lstwk Aii« 20,233
20,551
«l73,oga
475,181
Chic Mll.&8t. P.lstwk Aug 221,000 itin.Han «.6g4.0OU 4.004.107
Chic. A N()rthw..July
l,71(i,.'581 1,314,231 10,120,32G 8,274.503
Chlc.St.P.Mih&O. 1st wk Aug
27.972
17.829
83.'>,SG3
6-18.43:2
Chic. & W. Mich.. 3d wk July
12,636
9,: 18
Cin. Sand. & Clcv.l2 dys July
27,543
21,0.50
CIn. & Springf. ..Istwk Aug
15,427
10,709
490,183
891.842
Clev.Col.Cin.itl.lstwk Aug
91,414
71,000 2,339.482 1,830,251
Clev. Mt. V. & Del .4th wk J'ly
11,158
10,213
239,749
212.020
Del.<t H.Can.. Pa.Div.. Jnne
76,008 107,094
5.',9,53,"5
670.217
Denver & Rio Gr Istwk Aug
97,764
14,432 1,522,5.59
Denv.S.P'kA Pac. July
140,900
70,354 1,2;J8,533
308,683
Det. Lans. & No.. 4th wk J'ly
32,387
30,043
DuljuqueiS.City July
80,283
62.611
622,368
481,473
June
Eastern
239,888 214.801 1,331,20)) 1,116,1»2
flint &. Pcro Mar. 4th wk J'ly
36,704
25,907
857,102
697,619
Gal. Har.& San A .J uue
92,452
91,482
GrandTrunk.Wk.end.J'ly 31 201,448 152,423 5,748','799 4,7d!V8V3
Gr't Western. Wk.oud.J'ly 30
93,278
75.437 2,751.5:11 2,34 ,294
HannibalcfeSt.Jo. Istwk Aug
49,137
32,938 1,349.174 1,025,K07
Houst. & Texas C.June
195,3'29
103.798 1,400,833 1,202,674
miuolsCeu. (III.). July
501.339 468.017 3,361,533 2,990,477
(Iowa) Julv
Do
1.30.248
105.233
884,348
804,675
Indiana Bl. & W..4th wk J'ly
31,391
29,419
073,142
611,099
Ind. Deo. & Spr..June
30,720
Int. & at. North. 1 st wk Aug
27,478
23.974
861,171
800.562
K. C. Ft. 8.& Gulf .3d wk July
19,2.39
14.101
697,877
417,727
Kan3.C.Law.&So.,3d wk Julv
1 1 ,568
7,972
385,568
232,508
Lake Erle& Wc8t.4th wk J'ly
41,593
20,650
LItt.'e Rk. & Ft. S. May
21,471
14,690
176,'2i8
lOCJiiil
Louisv. & Nashv. Istwk Awg 171,500
88,304 4,849,580 3,130.365
Minn. <& St. Louis. 3d wk July
14,588
9.689
3.52,953
.
225,281
Mo.Kau.&TCxas.
& TCxas Istwk
1 St wk Aug
77,0'20
03,564 2,382.918 1,563.030
Mobiles Ohio.... July
130,060 110.491 1,133,218
967,070
Nashv. Ch.&St.L.Jmie
144.153
105,047 1,024,705
837,887
N. Y. ,& Canada .June
50,228
33,300
323,974
189,131
N. Y. Cent. & Hud, July..
2,863,316 2,194,422 18,605,794 15,352,390
N.Y.L.Erie& W.Junc..
.1,661.81-2 1,230.419 9,091.064 7,665,092
W.Y.&N. Engl'd.July
207.'712
189,003
NorthernCeutr^l.Juue
419,193 315,307 2,213.790 1,834.520
Northern Pacitic .July
235,248 192.324 1,145.279
901.56A
Ogd.&L. Champ. Istwk Aug
11,994
10.096
296.142
217.574
Pad &Elizabetht.3dwk Julv
7,116
6,900
198.991
147,323
Pad. & Memphis.. 3d wk July
3.731
3,731
4,2.50
,107.141
84.022
P»nri5ylvauia ....Jime
3.221.476 2,390.810 19,434,071 15,414,058
PeorlaDec. &Ev.l.^twk Aug
8,034
2,942
Phlladel.* Erie.. June
331,023 211,545 1,774,797 1,354,084
Phlla.& Reading. June
1,398,536 1,343.0;4 8,189,467 0,694,663
Pons.Gt F.&Con.Juue
14,635
10,619
Rensselaer ifeSar. June
148,325 118,709
837.238
622,366
8t.L.Alt.&T.H. ..iKtwkAug
22,55-)
30,703
783.834
515,165
Do
(brchs).4thwk J'ly
14,080
10,853
344,020
285,514
"'
~ 'Istwk Aug 112,700
St. L.IronMt.&S.
101,761 3,173,186 2,363,022
St.L. & S-in Fran. Istwk Aug
53,574
36,963 1,384,493
683,778
St.Paul &Duluth.Juue
50,383
256,530
St.P.Minu.&Man.4th wk J'ly
87,173
75,598 1,710,090
St. Paul & S. City., let wk Aug
24,089
22.584
780,632
600,^20
Scioto Valley
Istwk Aug
6,976
6.088
175,679
154,287
Trxas & Pacific .July
195.71
103.113
rol.Peoria A War. 1st wk Aug
30, 1 47
23.247
803,049
701,356
Dnion Pacific ....June
1,936.000 1,283.000
Wab. St.L. & Pac. Istwk Aug 261,394 184,770 6,640.332 4,496,490
.
pref.
Clev.C. C.&l.
Col.Chlc.&l.C.
Del.&H.Cuniil
Do
17i
pref.
Wrst. Dn.ToI
• These are the prices bid and asked
no sate was made at the Board.
Total sales of leading stocks for the week ending Thursday,
and the range in prices for the year 1879 and from Jan. 1, 1880,
:
to date, were as follows:
"
.
Range
Sales of
since Jan, 1, 1880.
Week,
Shares.
Lotcest.
I
I
liange for
1879.
I'eM)-
Low. Bigh
Highest.
I
Canada Southern.
Central of N. J..
40
625
..
Chicago & Alton...
780
Chic. Burl. & Quincy
6,237
Chic. MU, & St. P.... 140,000
1)0
do pref.
Chlo.& North w
Do
do pref.
•Chlo. Rockl.&P.ic.
Col. Chlc.& lud.Ceut.
Del. & Hudfion Cana!
Del. Lack. & Western
Hannibal
Do
&
8t. Jo...
do
pref.
lUmols Central
Lake Erie & Western
L.ake Shore
Louisville & Nashv..
ii,r,GO
85,310
6,473
4,039
3,390
10,631
85.020
44,790
40,905
5,007
6.350
39,320
May
May
17
45
25
9912 Jan. 2
113 June 2
eeifiMay 25
99 May 10
871s July 9
104 Feb. 10
IOOI2 June 11
91a
May
II
60 May 25
68 >2 Miiy 25
22^6 .M.iy 23
63 « May 25
99 13 Jan. 2
20 14 M,ay 11
95 June 2
7412 J.in. 14' 4514
9014 Mar. 81 33ia
89^8
US Aug. 71 75 IOOI4
l.'i2
J.an. 26 lllig 1341a
91i4Aug. 7l 3438 8218
- - 102%
1121a Aug. -' 74%
lOl^gAug.
4958 91I3
76Tgil08
125% Aug.
204 June 8 119 ISOia
25I8 Jan. 26
5
28
8038 Mar. 30 38
891s
9478 Mar. 22 43
94
42I2 i'eb. 24; I314 411a
791a -Vug. 10 34
70%
1131a Aug. 6 79 14 100%
3838 .Mar. 4 tl6
281a
UmMar.
4 67
8 1641a Apr. 2 35
Manhattan
3.400 21 July 22 571a .Mar. 16 35
Michigan Central
12.3.50
78 May 17 9814 Aug. 2 73%
Mis.souriKan. &Tex.
28i8Mav 25 49i4Jan. 27
37,935
538
Morris & Khscx
1,660 100 May 24 llOia Feb. 28 75I8
Nashv. Chatt.A St. L.
6,600 4712 June 1 128 Mar. 5 35 13
N.Y.Cent.&IIuil.Uiv 1.5,923 122 May 11 137 Mar. 31 112
N.Y.Lake E. (fewest. 181.220 30 June 1 48T8 Feb. 2 2II9
Do
do pref.
5.900 47 May 25 7378 Feb. 2 371a
Northern Pacillc
9.775 20 May 11 36 Jan. 14 t 16
Do
pref.
16,170 3ii38May 24 60 Jan. 13 :44i4
Ohio <fe Mi8»is8lppi ..
13,430 23 M.-iv 25 4413 Mar. 6
7%
PaciHc Mail
14,225
271a May 17 62 Mar. 8 1038
Panama
318 168 Jan. 2 190 Apr. 13 123
Phila. & Reading.
40,995
131a July 2 7238 Jan.
3
St.L.IronMt.&Soiith.
25,010 34 19 May 25 66 Feb. 17 13"
8t. L.d^ San Francisco
200 25i4May 11 48 Feb. 2
3%
Do
pref.
1,030
33 May 11 6OI4 Mar. 8
4%
Do Ist pref.
600 60 May 11 831a Mar. 9
9%
Onion P.icillc
32,785 80 May 11 9738 Jan. 19 57I2
Wall. St. L. & Pacihc
21,070
2«ia May 25 48 Jan. 27
Do
do pref. 65,775
5II4 May 25 73I3 Aug. 3
Western Union Tel.. 26.200
86 \ June 2 lieiaFcb. 21
• Lowest price here is for new stock, sold for Urst
time June 11.
t Range from Sept. 25.
; Range from July 30.
905
8618 Jan.
108
35%
Amsterdam
891a
1041a
83
139
49
78%
Albany & Suso-. June
Atch.Top.ifeS.Fe.June
Atl.A{;t.Wcst
June
I880.
39 13
182
be"
53
601a
78%
. .
Fine gold bars
& % dimes.
Dimes
—
1879.
18811.
S23 "63
1879,
110.935
720J)00
PO'V'O
41o'8n8
301 27"
102'"47
$284,707
662,324
$187,352
499.042
3,704,3.53
2.753.019
—
Boston Banks.
95
2,117,321 l,->-< 1.109
133.764
902,.", 1
7 13, 4 SO
52,602
39185
401,150
336.2 77
Bur.C.Rap.ifcNo..l8«wk Aug
33.493
22 876 1,159,271
784.0!iO
Cairo & St. Louis. 3(i wk July
9,163
5,773
202,027
126.080
Carolina Central. May
23,511
23 387
191,731
179.045
Central Paclttc.July
l,70O,qpO 1,458,833 10,244,'255 9,314,241
Atl. MiR.s. >k Olilo. June
Atl. ifc Char..4ir-L.June
The following are quotations
$4 82 ®$4 86
Napoleons
3 82
X X Reichmarks. 4"72
X Guilders
3 96
Span'h Doubloons. 13 60
Mex. Doubloons. .15 45
Fine silver bars
1 14
5 26''8®5
23%
39i5s«
39''e
4 83iaa>4 84ia
4 8219S4 83
4 81iaai4 82
5 243335 21 «4
39''8a 40>8
93«8® 9414
930b® 94 14
Frankfort (reichmarks)
Bremen (reichmarks)
(!3
3338
iii40.821
31)1,109
(guilders)
Sovereigns
from which returns can be obtained
The columns under the heading " Jan. 1 to latest date" furnish
the gross earnings from Jan. 1 to, and including, the period
mentioned in the second column.
Latest eaniUins reported.
^Jan. 1 to latest date.-.
"
ircefcorJfo.
(f runes)
10 la
railroads
.,^
., o» =
Ala.Gt.
Southern.
June
Paris
Demand.
Sixty Days.
72 14
98
The latest railroad earnings and the totals from Jan. 1 to
latest dates are given below.
The statement includes the gross
all
:
Aug. 13.
Prime bankers' sterling bills on London. 4811884 8213
Prime commercial
48 123481
Documentary commercial
4 79M®4 80
. .
earnings of
ExcUange.—Foreign exchange is still easier than la.st week,
and the shipments of specie from England and the Continent
are increasing. In flwe months of 1879 about $67,000,000 was
shipped from England and France to the United States, but it
is too early yet to predict so large a movement this year; our
imports of merchandise are also very much larger now, and
must go far to reduce the balance in our favor. On actual
tran.sactions to-day, 4 81(5)4 81>^ was the price for bankers'
sixty-day sterling bills, and about 4 83^ for demand. Cable
transfers were 4 83M(@4 84^.
Quotations for foreign exchange are as follows
in gold for various coins
— 09%® par.
— 92 ® — 95
— 89%* — 90>a
Do uncommerc'l. — 87 ® — 88
English silver .... 4 70 ® 4 80
Prus. silv. thalers. — 67 » — 69
— 9914® — 99'a
Trade dollars
New silver dollars — 99%»par.
Silver 14s and las.
Five francs
Mexican dollars..
®
®
®
3 86
4 76
4 00
•alS 75
'®15 60
®
pars*
1
14
94%a 94%
94%
94 %»
14%
prem.
99343 par.
—The following are the totals of
the Boston
banks for a series of weeks past
Loatis.
Sin'cie.
t
*
8,202.800
1880.
June
"
7.
6,2<M,-2lW
8..S88.TO0
.'i4.I-5-')00
6.115.900
8,078,800
8.HM3.700
8.978.200
5.3.873..S00
80.6,89.200
5:1.878.800
113.79H.100
144.541.B00
6.30,s,ri00
4.1ill.»00
5.8;M.OOO
4.377.800
14.'5.258.100
14.5.r)lb,200
6.-i5l!,400
4.12I.(K)0
4.121.2110
5:l,7t'I.S00
5:l.8,V).100
5l.727..'>00
80,884,600
30.730,500
30.573,400
30.497,400
30,514.600
30,344,200
29,610,100
"
14.
21.
"
28.,
141,8.'f(),400
5..
July
•
"
••
12.
19..
28..
Aug.
2.,
140,837,«00
8.S17.900
2,717,200
US.TS.-i.SOO
8,:W.').S00
4.OW.5O0
140.955,800
6,178,400
8.517,100
Other than Government and banks,
"
DfjMjKs.* CtrcuUition.
L. Tenders.
*
31,144,800
31.172,400
141,8:il.90O
141.179..SOO
Pblladelplila
Banks—The
."54,125.300
5.-).«0.800
54.5711.400
54,020,300
less
Am, Ckar.
88,870,704
53.567,387
53,850,068
54,328.137
e5,016,4iS3
5,8.347,774
56.346.186
S0.a88,8St
62,616,237
Clearlng-House chocks.
totals of the Philadelphia
bank!
are as follows:
ISSO.
•
21
....
....
••
28
July 5
" 12
" 19
" 26
Aug.
"
2
8
....
....
.
. .
....
....
....
L. Tender/.
*
Deposit).
Clrcii/dtion,
(
*
87.3.S8.982
18.359..302
57.874.977
8-.512,5»7
67.8C3.4«0
67.873.399
08.022.417
67.738.302
87.444.857
07.591 .981
08,359,368
18.198,787
19.120,748
19.879.812
20.088.508
20.573.774
57.479.281
f
12.085.S98
12.093.024
12.219.6.34
58,n74,.S81
59.3:11.205
59.819.806
.
12.308.661
12.203.979
00.8,34.803
12,1S'1.»61
20.9n.nil
60.112.851
12 IS9.ai»
21.237.201
20.066.340
60.2JVS.77;l
12.100.880
12,154,016
60,351,479
Aoa. Clear.
S8.53T.9IS
42.M8.I3S
41.410,808
4B.as».oga
S4.6&4.6«t
89.9ea.Mi
42.804.8m
S«,10130«
45,':ao,isa
THE CHRONIOLK
171
—
Bixrj^, PitlblUtiiLt* (II. Btc.-Coatlnued.
New York City BanK*. The following statement shows
the condition of the Associated Banks of New York City for tlie
week ending at the commencement of business on Aug. 7, 1S80.
a,ooo,ooo
8,000,000
8,000,000
8,000,000
Manhattan Co...
Merchants
Mechanics*
Union.
l,200,0tK)
4,5M,000
Tradesmen's
Fulton
Chemical
Meroh'nts' Exch.
3,000,000
1,000,000
1,000,000
1,000,000
600,000
300,000
1,000,000
0.727,700
3,451,000
h,747,300
3.353.500
Gallatin Natlon'l
1,000,(KX)
Butchers'&Drov.
Mechanics' & Tr.
Greenwich
Leather Man'f'rw
Seventh Ward...
300,000
800,000
800,000
America
Phoenix
City
State of N.Yorli.
American Exch..
1,U-'0,0:hi
11,014.300
4,351,000
4,H)«.30O
1,4,30.100
040,000
032,700
600,00C.
2,W7,U00
800,000
soo.ooo
008,500
S,130«,500
15.240,li00
5,000,0(X)
Commerce
12,232.800
5.318.500
3,855,100
2.247,800
5,376,000
5,000,000
1,000,000
1,000,000
488,700
1,500,000
450,000
Broadway
Mercantile
Paclflo
Republic
Chatham
1,315.000
700,000
1,000.000
500.000
3,000.000
600,000
1,000.000
8,583,0(X;
Hanover
Irving
Metropolitan
Citizens'
Nassau
Market
12,175,00(J
500,0(K)
Nicholas
Shoe & Leather..
500,000
500,000
1,000,000
1,000,000
300.000
400,000
1,500.000
2,000,000
500,000
240,000
250,000
3,800,000
2,000,000
300,000
750,000
500,000
1,000,000
800.000
St.
Corn Exchange.
Continental
Oriental
Marine
Importers'
&
Tr..
Park
Mech. Bkff. Ass'n
North River
East River
Fourth National.
Central Nat
Second Natlon'l.
Ninth National..
First National..
Third National
N. Y. Nat. Exch..
.
Bowery National
N.York County..
Total
763,800
334.400
1,604,80*'
26.800
784.000
8 550,700
19,104,600
17,470,400
8.633.90(>
185.100
27.100
183,900
8.192.400
1,724,000
443,000
1,1 10,400
8,364,800
2,910,200
158,900
30,000
21,500
28^.300
726.600
924.400
905,400
I0.9,-i0.500
»,289,000
8.578,000
4,774,300
13,606.800
9,531,400
1.453,200
1,385,300
1.345,200
8.488.800
3,602,000
1,435,000
200,000
750.000
300,00<^
Fifth Avenue....
414,00tl
3,800,001)
850,0<]0
Germ'n Americ'n
Chase National..
247,900
164.000
373,300
1.875.700
2,231,900
2,503,200
2.255,000
3,325,200
4,000,100
0,137.000
1.H58.600
100,000
»
9,300,000
4,933,300
7,438,400
6,0o2.000
3,953,900
495,000
7,7i:7,60t
1,100
267,000
5 1,500
900,0011
132,400
l,345,10u
560,600
4,882,000
8.067,000
8,011,100
S.
113,000
l,'i3,00U
3'-l),400
378,800
831,800
738.800
612,900
854,500
196,100
208,000
tiotl.
3,223,000
9,228.100
2,421.700
1.888,300
12.328.800
4,066 300
2,513,600
1,252,000
338,200
5,081,'JOO
3,351, COO
418,r)00
People's
North America..
thim U.
«
233,000
145,500
311,800
303,000
813,700
649,400
40,000
96,000
54,300
2,745,000
705,000
1 ,723.9uO
1,210.000
888,000
1,611.000
004,000
8,303.100
567,700
404.400
3,657,800
911,500
589,600
806,000
96,000
18,900
319,800
163,200
682,500
4,8^7.000
9,150,000
6,U25.000
8.252,800
7,205,000
otiur
Tenders.
t
*
N«wTork
L.eoal
Specie.
tiiacoants.
Circula.
83cl,300
927,000
206,500
86,800
89,300
23r,000
1,204,900
617,600
28Z,700
142.000
213,400
184,000
111,800
lv2,000
639,500
295,500
271.000
186,800
8,290.800
897,800
3,081.700
18.973,000
0.688,700
4.116,800
3.881,800
83,5Ul'
8,007,31K)
123,200
74,600
124.200
52.000
158.300
285,000
191 ,000
591,000
8,281,400
83,000
150,400
56,100
878.200
812.000
221.000
271.000
680.400
19.->1,70(.
4li2.5o0
07,500
316,000
421,400
174.700
341,100
105,200
604100
876,800
400
55j,0J0
44,500
1,308.100
897,700
180,000
a.Oll.'JOO
8,150,000
3.803,600
1,306,600
8,510,600
7,934,800
2,979,000
1,125,066
45,000
6,400
489,0'JO
1,933,800
3,462,000
2.858.700
45,000
208,900
3.900
437,90J
446,0j0
430,000
4,000
6,571,1011
780,3,)0
1,826,400
1,681.700
23,172,700
20.328,200
555,70f
1,052.900
749,100
16,238.000
9.896,000
2,810,u00
5.813.300
15.213.800
10,963.400
1.117.100
180,000
1,105,300
5o0,6jo
irs.sjo
888,7ii6
810,000
1,481,000
43,000
90,000
450,000
796.600
868.0J0
821,600
1,818,300
1,574,400
2,226,200
3,938,700
1,491,400
60.475,200 304,765,80:p 68,706,600 17,113,900 297,084,2
X,>
The following
I
Circulation
19,430,400
.Uec.
47,800
i
are the totals for a geries of weeks past:
ioaiu.
Specie.
L. Teiliers.
Dec!^87,...877,6'M,200
48,638,800
18,089,700
848,062*00 23,732,900 586,014,073
'3.... 276,706.800
48,882.100
18,723,300
14,097.800
15,914,200
17,143.500
18,586.000
848,087,100
Jail.
}2----?,;5'i,'!'''S2
51.'1T3„300
53„558,IH)0
17. .. .876,9410,900
24.,., 280,068,600
31.,..2S3.194.5(K1
51,H;i2,2()0
,I----???,-51J'ISl!l
^^•i;'';^'™
50.318,800
Feb.
..
A
JS----^T'?^'V^, 57,927,900
55,440,100
SQ-'-iy.'J'oM''"
34,773.800
.^l---^^-'^-^''^ af,6«9.:)00
*?."' 10.,.,
i2---?22-'''S'?"^
28,8, 470.900
.
iT••••S^252•!^
24.... 278,886,200
52.023.600
50,030.800
48,983,600
D^posits.
246,9«5,(KK)
253,731,900
857,483.700
Circulation. Aqj. Clear.
601197943
83,748,600
23,812,900
657 693 260
21633900 787 728
21,862 900
198
743 123 031
7T<! 270 895
81,589900
18,4.37,900 264,404,800 21,683200 720978130
11,652,400
11,535,100
11,278,500
10,847,500
11,935,900
13,860,000
15,432,100
8.39,673,900
270 381,000
264,538,200
82780184^
20 967 100
80,975,800
748 48 804
644 453967
860,340500 80995800
239 308 800 20 981.^
256,267 800 20 987,900
253 519S00 20 843 000
848,896,700 80,612 800
Fiilliiia
...
771
01«S70
810774'898
849:W7 403
720 947 846
I
11«H
« Portsmouth
I09«
109
n3«
114
89
Kutlai^d, preferred
Vermont & Massachusetts..
Worcester & Nashua
182
Phlla.
STATE AND CITY B0KD8.
do
do
do
do
do
do
do
5b, g'd, int.,reg.
5s, cur., ree
109
105
Dtr.unp.. ree.,'i3-Si>.
29)^
6
mi
33
East PenoBVlvanla
WllllainBport.......
33
43
55
63
Little Schuylkill
.;•
Silnehlll
^^A-^il-^
^i----S!T-Z2?'?'*
isll'l^
?2-S¥''?ffi
68,037,700
A ,
*-S?.Vj-w''?i'',?^'*"'.'*"*';iS"'*"^
NOTE.- With December
the
87
^DOTATIONS
20,33l'.800
?K?#|;4«
20T,270,000
!li|™S
10:l63:5M
20,631,300
17,115,900
291,306,500
8d7,024 800
19 477 600
19 430 46o
i^'S-s^t^
Grocers'
BBOUBITISS,
a Albany
57X
Head ng
15
67Ji
15>,
lOJv
10^
Fltl8burglituBT.4 Ball..... 12^
pref.
do
ct.Paul 4 DaluthR,R, Com
do pref. 64)i
do
166>s
Companies
0nlted N.J.
West Chester consol. pref .. ..
WestJersey
CANAL STOCKS.
!2>t
34>i
'sOHi
33^
—
119
Kutland
ll6>i
78
68
113
mort
USX
98
8b
i-lttBb.
Atchlton 4 Topeka
At hi
4 Nebraska
Boston 4 Albany
BoBIon 4Lowel'
Boston 4 Maine
BoBton 4 Providence, ....!'*
Cheshire preferred
Chic. Clinton Uub. 4 Mln .,'
ClD, Sandusky 4 Clev
115
do
Nebr. 68
Ex 109*;
do
Nebr, Ss
;o2»
Conn. 4 PaeaumpBic, 7f, 189 111
Kasiern, Mass., 4 ,.8, new.
94 J<
FltchbcrgRK,,»e..!
7«
do
Fort Scott 4 Gulf 7s.. ;
109
Tnu8V.4
Concord
.
Connecticut River
Conn. 4 PasBumpslc...
Eastern (Mass.)
Eastern (New Hampehlre).!.
FltchbnrB
.
.
]
109>«
41Js
,
Itan. city Top. at Vi , •,(, is;
lti« ••;
do
do
7«. Inc..
„
K. City 1 awrerjce 4 So. 4'
98
FortScolt4 Gu'f, pr-ferre
Kan.clly st..7o.4(;. K. ;».
l!2»i ...
^o
comm in
Little K'k 4 Ft. Si lth,-8,Ut
'loij"! K.O. Law 4 Scutheri'.Ex.R
New York 4 New Eug, ,» .
:lll
Little l!ock,4 Fort Smith ..
Oedensnurtr 4 l.akp i.n,.i«
Manchester 4 Lawrence
I
'
B.,7s,cp.,'9«
do
I90t)
^
Cln.llam.
''3
cpsow.
I
• In defan'*.
J
Per shire.
6s, 1900,
6b,
SoH 33?
»X.
44
100
A.40. 118
long
114
112
lllX 115
no
112Hi
loo
118
116
.
....
....
....
Ill"*
t 109
AD. coa8.6(,
19 5 t
73,1905 +
do
do
CIn.
Cln.
..
"
Ham. 4
4
2d
m.
7b, 'o3
r
Ind., 78, gnar. .1
i
Indiana l8b m. 7s
127
U4
liift
l(l«
Ul
112
104
102^ 163
V!i
lU&K
102
+ 107
101»« 1(»'
105
1U3
....
....
tio8
108
105
iwt\^
lO.'ii
K9
V<)
1
71
73>^
120
128
11S5
f,»
54
185
12s
VSit
124
LOUISVII^LE.
Ul
.
do
163
116
110
150
CINCINNATI.
Louisville 78
do
do
do
do
do
do
do
do
U9«
dcben., cp.,
MH
116
new
.
—
Phlla.4 Erie let m.69,cp.,'8l.
2d :.i 7*',cp.,'S8,
do
Phi a. Kewt'n 4 ^.T.. Ut m.
Phlla.&Read. lat m.tis, *43-'4l
'IS-.J?
di
do
2d m., 7b, 'p.,9
do
116>s
78
do
t lib
t 125
T304
do
South. KB. 7-308.1 126
do
do 6fl, goldt 113
do
Hamilton Co., O., 6s. long., .t 107
78, 1 to 5yrs..t
no
105
7 4 7-30B, long.1 115
do
Cln.4 Cov. Bridge st'k, pref. 150
do
do
do
Navy
do
... ioe>^
Penn. Co .63. reg
Pevklomen 1st m.63,coup.,'9i 90
do
do
Q—
58, 19.6,
....100
BaIl.40hlo
l8t pnf
no
2d pref
do
Wash. Branch. 100
do
Parkersb'g Br..50
do
50
Northern Central..
5(i
Western Maryland
50
Central Ohio
68, cp., '80.. 101!4 101 i«
68, cp.. 1910. 118
120 s,
eeu.m. 6s, re.,lU10.
117
cons. m. 6-, rg., 1905 iiii
cons. m. 6s. cp., 190s. 115
Yard 6s, rg.'il
103>«
Pennsylv,, Ist m.,
gen. m.
do
110
lOS
.
Scrip
do
70
li'sH
2d m. 78, '17. ,)
do
Colum. 4 Xenla, let m. 78, '90
Dayton 4 Mich. Ist m. 7b, '81-1
2dm. 7B,'84.t
do
9d m. 7b, '881
do
119
Dayton 4 West. IBt m., '81 ..1
120
IBt m., 1909.1
do
128
Ist m. (8, 1901
do
i;2
Ind. Cln. 4 Laf IBt m. 78 ...t
113«
do (I.4C.) lBtm.7B,'8b+
105 J....
Little Miami 6s, '83
+
CIn. Ijam. 4 Dayton stock.
112
...
Columbus 4 Xenla stock
113K;114
Dayton 4 Michigan stuck
118V
8. p.c. st'k, guar
do
102 i. Little Miami stock
Va,4N.Y,C,&KK.7B »i....
[
,
m.7s>2
North. Penn. iBt m.6e, cp.,'85.
2dm.78,cp..'96.
do
do gen. m. 7s, cp., 1903.
I
.
68,' p. ,19 .3
91'4
6s,exempt,*^,M.4S
120
68, 1900,
J
121
68.1902, J.4 J
Cincinnati
EastPenn. ist mort. 7s, '88 ..
E1.4 W'msport, i6t m.,76,'ii0. lOJ
5a,perp
83
do
Harrlsburg Ist mor* 63, '&^^. 101
gold,'90.i
H 4 B. T. IBt m. 7b,
Istm. 7s, 11, g,'^9
do
2d m. 7s, gold, 95,
do
2d m. f .scrip g. ,7b
io
sd m.con8.7B, "ao*. (SO
do
Ithaca4 Athens Ist g il, ;B.,'9y
I93H
Junction Ut mort. 6<, 'S!.
2d mort. 68, 19J0
do
con. m., 6s,rg.,i9^
83
Norfolk waier,8B
BAILBOAD BTQ0K8. Par.
Co.6b,'9'i. 106
Lehigh Valley, 181.6b, cp., 1898
doreg„189J,..
do
do 21 m. "8, reg., 1910..
U)
2d, M. 4M ...
do
77« 78
8b, 3d, J. 4 J..
do
4-Jj -14
Union RR. iBt, gnar., J. 4 J..
endorsed.
Canion
do
m
do gen. m. 7s, reg., 190"^
Oil Creek 1st m. 78, coup.,'8;.
BTOCKSI.
4 Loweins
d
as
Boston 4 Providence 7»
Burl. & Mo., landerHnt7B..
.
6'j,:Bt
Vermont ,» (Canada, new
Vermont4Mass. tili.,6s
J.4J
6b, 1890, quarterly...
68, park, 1890, li.—M
68, 1893,M.4S
—
coup., '89 109
113
78. g., 1-93 115
Cam. * Atl. 1st
do 2 1 m. cur. 73, r^^•. 108
Ltttle Schuylkill, l8t
1
ibs
108
quart
6b, iSSt,
6b,:8S6,
do
63,coup,'83 105
do
115
112
103
do «B,gld,1900,J.4J.
Cen. Ohio 68, iBt m.,'90,M.4 S.
W.Md.6s,lBlm.,gr.,'90,J,4J
do Ist m., i890, J.4J...
do 2dm.,gnar., J.4 J
do 2d m., pref
do 2d m.,gr. by W.C0.J4J
do 6b, 3d m., guar,, J, 4 J
Mar. 4 Cln. 7b, '92, F. 4 A ...
6s,
.
ma 120
Bait. 4 Ohio 68, 1885,A.40
109
N. W. Va. 3d m..guar.,'85,J4J
Plttsb.& Connell8V.'.8,'98,.'&J
Northern Central 66 '85, J4J 108
mort. 68,'89
.
HI)
I0l«
30
BelTldere Dela. ist m.,6s,1902. 109
2d m. 6B. 'dj.. 107
^o
3dm. 68, 'J7.. 110
do
.
70
lib
S
.
.
90
83
90
107
34H Pittsburg 4 ConnellBVIlle..50
3A1LBOAD BONDS.
29H ii'H
.
lO,-!
103
34
do pref
Peansylvanla
Schuylkill Navigation
pref..
do
BaBQaebaDua
RAILBOAD BONDS.
121
Allegheny Vai.,7y08,lS9«
78,E, ext.,l910 106
do
Inc. 7fl, end.,'91
do
do
do
do
do
do
do
do
do
do
do
47
160>t .62
Philadelphia 4 Trenton
61
Phila.WlUnlng. 4 Baltlmore.
•
Omaha 4 S. Western, 88 ...
lldW Pueblo 4 Ark. Valley, 7s....
Boston
dartford4 Erleie
Bid. Ask.
Uld(oIony,68
do
land grant 7e
do
2d78
iVa
do
land Inc. IJB..
Boston & .Maine 7s
121
do
'
list.
Old Colony, 7s
& Tcpoka Ist m.7s
i^UBton
g^',;
AND OTHER CITIES.
BSOUBITICa.
BOSTON.
Atch.
825,918 871
586,5406,^2
Bank disappeared from the
BIISTim. PHILAUKLPIIIA
1^
sSaiS'iiSw
ll'2
6b P.B..'9
Baltimore
^
Chartlers Val.,latm. i3,C.,190. 10»H
Delaware mort., 6s, various.
Del. 4 Bound Br., 181,78.1905
il----|?!-?ll-lx^
H4
115
BALiTIMORE.
103
Pennsylvania
Cam. « Burlington
1
Maryland 6b, defense, J. 4 J.. 100
106
6b, exempt, 1887
do
11
do
63, 1890, quarterly.. 105
5b, quarterly
do
525^
"7
lOJt
Lehigh Valley...
do
do
4 Erie st m. 7s, '97.
i-yra.Gen.4 Corn'/,l8r,,6,lno;
Texas 4 Pac. Ist in ,68, g.,190^
do
cons. m.,6e,g.,1905
do
lnc.41. gr.,78 191S
Dnion 4 Tliusv. Ist ra. 78. '90.
United N.J. cons. m. 68, '94.
Warren 4 F. Ist ra. 78, '96
West Cheater cons. 78, '91
do 68, boal4car,rg.,191iJ
do 7b, boat4car,ig..l9.5
Sosquehanna 6b, coup.. ;9.8.*
51H
pref..
do
cio
Bar P. Mt. Joy 4 Lancaster
Hantlngdon 4 Broad Top...
do pref
do
Camden 4Amboy
....
W.,l8t m.,58,'2i
MorrlB, boat loan, reg,, 188.1.
Pennsylvania 68, coup., '.910..
dchuylk, Nav.lst in.e8.rg..'97:
2d m, 68. reg., 1901
do
Delaware* Bound Brook....
Morns
4
103
103
—
.
CJBldon 4
pref
do
00
Calawlssa
pref.....
do
new pref
do
Chesapeake 4 Delaware
Delaware Division
Lehigh Navigation
...
7i, reg., 19,1
1901
Ind. let, 68, 1884.
let in. 7e 1907...
Delaware UlvlBlon 68, cp.,^1
Lehigh Navlga. m,,68, reg. ,'84
do mort. BK., rg .'91 ao
do m. coriV. g., ri g..'91
do mort. goid,'9i
do cons. m.7s, rg.,191! 103
Atlantic,
Piilladelplila4
108
Bait. 6b. '84 .
78, con..l90' 116
do
BArLROAD STOCKS,
Elmlra4
65
31
CANAI. BONDS.
Chesap. 4 Uela. let 6b, rg.,1
City 6i, coupon
Is, reg, 4 coup
coupon
68. coupon
llKV
....
West Jersey 6s,deb., coup.,'8:
Ist m. 68, cp., *96.
do
lstm.78,'99
do
con«. 68, 19(B ..
do
Western Penn. RB. 68,cp.'.8!
N. Jersey 68, reg. and coup.
exempt, rg. 4 coup.
do
Camden Comity es.coap
8b,
iin
66
61
17
Sunbury
7b, reir
Harrlsburg City
llR
do
Suiib. Haz.
Pluahurg 43, coup,, 1913
5s, reg. 4 cp., 191i!.
do
68,g'iid,reg
lo
7b, w't'rln.rg. 4cp.
do
do
Delaware
Wllm. 4
atCBbenv. 4
Stony Creek
6&.ola,reg....
do
do 68,n.,rg.,prlorto'9f
do 68,n„rg„lS954 over
do 4s,varltjU-»
Allegheny County 5s, coup..
Camden
43
....
88
Shamokin V.4 Pottav, Tb,
68,15-25, reg.,1882-'92.
68, In. Plane, reg.,187'J
Philadelphia, as reg
ilo 78,
31
Pltt8.Cln,43t. L.
or cp,
I02y
S'*, reJ„l-8'J-1332
Sfl.new, reg,,l3l»i-190.i 114
68,10-15, reg.,l'77-'Si. 100
Allegheny City
.
do Imp. m.63g.,1337...
do conv. 7b, ISKl'
do
7b, coup, off, '93
Phll.4li.Coal4Iron deb.7B.92
do
deb, 7b. cob.oC
do mort., 78, 1898-3
PHILADEtiFHIA.
Catawlasa l8t,7s, conv., 'j2..
chat, m., lOe, '88 ..
do
110
new 7s 1900
do
110
Connectlne 68. 1900-1904 ...
'•'
liead. scrip, 1882 ..
do
In. m.7i, cp,1896
.
l'»lace C»r.
.
4
do conB. m. Tb, cp..l91!..
do cons. m. 7b, rg..l91l..
do cons. Tn.6«.g.i, 1911.
10 en. m. 6*, l903
..
pref,.
Phila'1elphla4 Erie
i
038,000
3,515,400
do
Old Colony
Portland Shco
154,800
:
Dec.
ChamplalQ
L.
180,1.00
deviations from returns of previous week are as follows
Loans and discounts
Inc. $6,980,500 Net deposits
.1 C. (5,717.700
Inc.
egden8b.&
Nosquehonlng valley
Norrlslown
North Pennsylvania
The
Specie
LeKal tenders
38>t
.
800,000
14,069,0IX.
4.886,001'
l^ngland...
Bid. AOc.
BBOITBITIBS.
Phil,
Northern of New Hampehlre
13dX
Norwich 4 Worcester
Penna.
653.600
698,300
248,500
180.000
2,700
476,400
33.800
585.000
14»,000
Ask.
116
Sew York &Niw
Net depVs
Loans and
Bid
SSOITBITISB.
Nashua & Lowell
Average auwunt of
Capital.
[Vol. XJXi;
t
6s, '82 to '87
10',
t 100
t lOa
68,'97to'9<
water 68,'87 to '89 l 103
water stock 68,'97.1 1115
1
wharf 68
US>
spec'l tax 68 of '891
witeres.Ca.
190;
t
53
a
1.')?^
loa^i
10544
105W
103|2
1115
108
110
1081^
lU.lXi
JeII..'d.41.iBtm.(14M) ic.'Sit lOII
101
3d m., 78
do
1
lOi-K 108
do
l8tm.,78, 1906. ..+; 114
114^
103
112
Loul8v.C.4Lex.
lid
Ist m.ls.'a;* 115
Loul8.4Fr'k.,Louisv.ln,68,'8
LoulBV. 4 Nashville—
iiex 118
41
40
Leb. Br.eB.IK
1
IBt m. Leb. Br. Ex. 78, '80-85.1
do
Lou. In.
68, '93. .t
Jefterson Mad. 4 Ind stock.
+
*nl
Interc't.
103 It IDS*
105^ lOSS
103 S, 1053*
1U3
105
Adoust
THE CHRONICLE.
14, 1880.J
175
QUOTATIONS OF STOCKS AND BONDS IN NEW YORK.
U. S.
Bonds and
active
Railroad Stocks are quoted on a previous page.
»
Prices represent the per cent value, lefuUever the par
may be.
STATE BONDS.
Bid.
SECtJBITIES.
A, 2 to 5
Class A, 2 to 5, small
Class 11,58
Class 0,2 to 5
Alabama— Class
Hs.lluC
&
7s
7s,
78,
duo 1KS7
Hs,duo 1HH8
Os.due 1880 or
.
Arkansas Central KK.
Coonecttcut-<l9
'90
3
Univ., due '82
KunrtluK, 18SU-05
2
i
Hannibal
do
Asylum or
&
New York—«s,
do
1S87.
gold, reK.,'87
Chatham
Bs.Voan, 188S.
IHMl
68, do
Georgia—68
78, new
78, endorsed
7s, Kold
,,
Loaislanar-78, consolidated
MloUlgan—6s, 188S
7S.1BB0
40
Bta.
iHliind—6ii.coup.'9ft'0
South ViiTtiktiUr—
68, Act Mar. 23. 1869.
Non-fundabic
TenneHnee—^, old
fls,
lift
)
(•
98
new
68, new Bories
VlrKintt-«H, old
«8,new,
KR
IHfio
6s, new, lHtt7
68, consot. bonds
60, ex matured coupon,
a"
2
2
Small
Ohlo-««,1881
es,lS86
1803
North ('arolina— 68, old,JJtJ
8s,old, A.&O
4«ii
104
115
1*2..
do
do
6s,
6s.
no"
,',;;-
8BCOKITI BB.
Rhude
.
Special tux, class 1
class 2
do
class 3
do
Consol. 48, 1010
«a, gold, coup., 1887....
104
.
New bonds, J. A J
A.&o
do
IRW.
St. Jo.,
.
do
A.AO
coup, off, J. ft J,
do
coup, off, A. iO,
do
Funding act, 1866
1868
do
(Is,
10
& Vt. Scott Iss.
I-. K(.ck RB
I,. H 1'. B. & N. O. RIl.
Miss. O. & R. K. RK...
7s, L. lt<ick
7b, Memp.
IHKfl
A>k.
Bid.
N. Carolina.— Continued
No. Car. HB., J.&J
Missouri— «a, due 1882 or '83
85
75
Arkansas -88, funded
glCCRITIEB.
8ECITHITISS.
Ask.
62
.
.
6fi, conKol., 2d iierlefl....
6a, deferred
D. of Columbia^8-666. 19S4.
101
Keirlstered
lOOH
Funding 5s, 1899
do
reglBtered
!
98M
106
IM
....
HAILROAD AND miSCELLANEOITS STOCKS AND BONDS.
N. y. Central—68 1883.
ee,1887
66, real estate
68. subscription
Ch.Mll.4 St.P.-Contlnued.
Dlv.,1893....
M-, lt*7
1)., 1899
I.
lstm.,C. 4M., 1903
Con. sinking fund, 1905...
2d mortgiige, 1884
Ist m., 78.1.4 D.Exf.,1908
S.-west div.. 1st 6s, 1909.
1st 3a, LaC. 4 Day., 1919.
{Actine prevtouilii quoted.)
Albany 4. Susquehanna
Boston & N. Y. Air 1,., pref.
Burl. Cedar Itupids i No... S66X
Cedar Kalis & Minnesota...
sisd'
Chloa«i 4 Alton, pref
.
Cln. Ind. St. L. &Chic
Clev. * PlttsburK, guar.
.
.
.
.
Dubuoue & Sioux City
Frankfort 4 Kokomo
Harlera
Ind Bloom. A Western....
Intem'l 4 Gt. Northern....
Keokuk 4 Des
Moines..
do
do
Long
Island
LouTsv. N. Alb.
.
.
Consol. bonds
Coupon gold bonds
Registered gold bonds
Sinking fund
im
N. T. Ontario & West.,pref
Peoria Decatur & Evansv.
Fitts. Kt. W. & Chic, guar. 5121^4
Peninsula, 1st m., conv
4 Mil., 1st
Chic.
Winona 4
27H
Bpec'l.
.
St. P.,l8t
,
I
ills
S107>i
Sanjoaquin Branch
Cal.
St.
Texas 4 Pacific
do trust certif
do
noledo Peorlo 4 Warsaw..
United N. J. RR. 4 Canal
P.4 Sioux
Del. lJ»ck.
7s,
-Reglatered. 88
Collateral Trust, 68
106
97« 99
104^
132
Morris A. Essex, 1st m
112
2d mort
do
bonds, 1900 il04
do
Warren
Hiscellaneons St'ks.
Adams Express
Ufi
118
American Express
fi7
,^8
United States Express
48
4«
KIK
110
Kurgo&Co
American Coal
Boston Land Company
Wells,
—
35
Boston Water Power
Canton Co., BHiliraore
Caribou Consol. Mining....
Centra! Arizona Mining...
2
8
Central N. J.I.and Imp....
15
62V«
Climax Mining
Colorado Coal 4 Iron
Consolidation Coal of Md.
Camberland Coal 4 Iron..
Veadwood Mining
aii'
It
3?^
3,4'
28
SIS
.
52H
26
08, gold, series B, int. def.
68, currencv, int. deferred
4 Alton— 1st
Income
67
SS
mort. tl2l
105
Sinking fund
Joliet 4 Chicago, 1st m.
Louis'a 4 Mo., i.st m., guar
do
2d 7b. 1900.
6t. L.Jack. 4 Chic. Ist m.
MiBs.Rlv. Bridge. 1st, 8. f,6s
Chic Bur. 4
8 p.c, Ist m
.
Q—
Consol. mort., 7s
5s, sinking fund
Chic. Rk. 1.4 P.-6s, cp.,1917
9s, 1917, registered
Keok.4 Des
.M., Ist, g., 5».
.N. J.— Ist m., '90.
Central of
Ist consolidated
do
assented.
Convertible
do
assented
Adjustment, 1903
l«hlgh 4 W. B.,con., g'd.
do
asscnt'd
Am. Dock 4 Impr. txmds.
do
assented
• Prices
nominal.
t
.
nuii
111
V'iyi
1117
and
10«>i
41>«
93
112
104
fl7i<
381,
106
2d mort., 1909
Ind's Decatur 4 Sp'd 1st 7t
4 Gt. North. Ist 8s,gld
...
117
St. P.
,
New Jersey 8o.-*l8t, 68, new
86
86'
77
M.
4 Manit'a— 1st,
8s, 1969
4 W.-
Wab. RH.-Mortg. 78 of
T.4Wab., Ist ext.7B,
lOOM
102
102HI
1.13
120
118:„
And accrued
'79.
99)4j
109
Ist St. L. dlv.7s,ei mal.cp.
2d mortgage ext.. ex coup
:Ji7H
do 2d m..78,'93,ex cp
4 Tol.,
1st,
'7b,
'90,ex cp,
la., 1st m.7s.ex cp
Hannibal 4 Naples, lat is
St.L. K.C 4 N.R. E.4 R.,78
a.1.4 So.
UlJi
11,")
:i05kl
...
100!4;
...
104 Ji
105
105
40
104
108
104
107
109
106
t
US
2d mortgage, guar
South Side (L.l.)— Ist mort
Union 4 LoganBport— 78
U. Pac— South Branch ....
105
98
100
102
110
loe
10s
107
(i/uotations.i
108« Leh.
4
Wilkes B.Coal-1888
7.
1899
63
70
am
81
Charlie Col.4 A.— Cons., 7s
2d mortgage, 7s
GastTenn. 4 Georglar-es..
E.Tenn.4 Va.—^,end.Tenn
E. Tonn. Va. 4 Ga.— Ist, 78.
Stock
Georgia RB.— 75
10
105
1C0
108
111
102
105
94
«7
78,
4 Col.— 78, Ist m.
guar
100
105
106
lOT
+99
SO
100
Macon 4 Aiig.-2d, endors.
Memphi84 Cba'ston- lst,7s
2d. 7s
Stock
Mississippi Cent — Ht m. «
2d mort., 68
Ml88. 4Tenn.— Ist m.,S« •• li>5
+108
Ist mortgage. 8a, B.. ..
108
N. O. 4 Jacks.— 1st m., 8b.
Certificate, 2d mort., 8b... 112
Norfolk 4 Petersb.— Ist, 8s. 100
100
Ist mortgage, 7a
107
2d mortgage, 88
lit m., 8», 137
Northeast .. S.
117
'id mortgHge. 8s
Rich.& Dan.-lft ctnsol ^Os 104
.
8f)
lis
,7s, '86.
Stock
S.Carolina RR. 18 Im..
Stock
7s. 1902, non-enjo' «ed
.J.-
IB.
103
8
.
.
Non-mortg. bonds
3S» West Ala.— lat mcf. ,8s....
2dmort.. 8s. gUB.'. .... .35
I
ISO
110
US
C—
49
46
price to-day ; these are latest <;<totatloiia n:s4e thia week.
Stock
Southw. Ga.—Conv
70j;
Lake Erie 4 W'n-Inc7s,'96
Mun.— Inc.
.
8s
.
Laf. B1.4
No
-.10
Stock
Greenville
lOOX
C.8t.P.& M'B L. Gr.,ln.6B,'98 il07
48
lnd'sBl.4 W'n— Inc,
64
Ind's Dec. 4 Sp'd. '^d Inc.
73
Int.* Gt. Northcrn~2d Inc
Mo.K.4T.-Cons.a8S.. 1904-6 \9Sii 105V,i Moblle4 O.— Ist pref. deben
2d mortgage, Inc., 191
2d pref. debentures
6.5J4: 8.',-%:
II. 4 Cent. Mo.. 1st., 1890.
109 .112
•Sd
do
Mobile 4 Ohio— New in., 6s. 103 lOMse
4ih
do
Nash. Chat. 4 St. 1,.— 1st
».... 110
N.V.l.akeE.4W.Inc.63,19'
interest.
41
25
4 Western stock
St.L.Vandalla4T.H.-l8tm
Atlantic 4 Gulf— Consol....
Cent. Georgia— Cons, m., 78
I
iiio"
80
80
RAILROADS.
.
108
85
78
35
38
115
St. Jo.
Ala.4Chat.— Rec'rsctfs.var
.
88. 1909
110
75
+21
Virginia coupons
consol. coupor-.s...
do
ldi)«
.
,^«
109
70
32
110
64
STATES.
.
7s, 1883
Consol, conv., 78
Gt. Western, ist m., ex cp
Buffalo 4 Stale Line, 7s.
Kal'zoo 4 W. Pigeon. Ist.
124
108
Joseph 4 Pacific— Ist m.
{Broken'
S96«
Equipment bonds,
do
Metropollt'n Elev-lst,1908
:o65< 107^ Mich. Cent.- Cons., 7s, 1902
lOBH lOIW
Ist mort., 8s, 1882, 8. t.
J.... 130
Equipment bonds
115
110
.
7s.
.
114
.Mich S.
Cin.— 1st molt..
lid'
108
Southern Securities,
Pur. Com. rec'pts, Ist.E.D 132
1130
mortgage, W. D
Burlington Div
Ist pref. inc. for 2d mort.
Istpref. Inc, for consol
Cleve.
.t
St.
2d mortgage
1st
I
iBt mort., sterling..
Long Island— l8t mortgage.
69S4
88«
SOJt
2d mortgage
Indlanap.4 Vine— l8t,78, gr
Kansas 4 Nebraska— Ist m
2d mort
94
101
104
ilOl
90
ass.
2d mort.,
Tol. Peo.
Lake Shore—
Marietta
Gr'ndR.4Ind.-lst,78,l.g.gu
1st, 7s. ld.gr., not guar...
Midland of N. J.— Ist, new.
Income, "A "
"B"
do
N.Y.4Grecnw. L.-lst, 5
2d
do
N.Y. 4 Oswego Mid.— Stock
Convertible bonds
idtlH
Det.Mon.4 T., 1st, 7s.'1906
Lake Shore Div. bonds.
Omaha Div., 1st mort., 78 Mil 112
03
do
cons, coup., 1st
Clarinda b., 6s, 1919
124H
iia"
108
do
cons, reg., 1st.. J 123
St.Chas.B'dge.lst, 7s, 1908
I'S'
do
cons, coup., 2d. 117
North Missouri. Ist m., 7s 118
lUii
117
118
cons. reg.. *2d
West. Un. Tel.— 1900, coup. 117X
do
4..!^ 106
:116
Loul8V.4 Nash.— Cons. m. ,7s llB!4ilI8
1900, registered
108
110
104
2d raort.. 7s, gold
Spring.v'y W.Works-lst 8s
1!J3
il08
9b«
..
Ceclllan Branch, 7s
Oregon R. 4 Nav.— 1st, 68..
Naahv. 4 Decatur, 1st, 7a. J.... 112
INCOME BONnS.
I26' L. Erie4 West.-latOs, 1019
....:\mH Central of N. J.-1908
t ... 120
Laf. Ul.iMun.- Isl68. 1919 103 :104
Chic. St .L.4N.O.-2d m. 1907
....
95
»8if Manhattan Beach Co. 7a, '99
Col.Chic.4Ind.C.,inc.78,1890
116
.... Cent. Iowa coup, debt certa.
N.Y. A Man. Beach lst7s,'97 103
ids" 108«
88"
t23
e3«
67
«5
So.Carolina- Con., 6s (good)
Iron Mount'n— l8t m tni" 117
97
95
New Imp't cons
103
2d mortgage
105M Texas— 6b, 1892
106
M .4 8. H03 118
106
Arkansas Br., Ist mort
1892-1910 J.4 J. 111,,
gold,
7s,
1109
Cairo 4 Fult(pn, Ist mort.
J.4 J. tI12^ 113
78, gold, 1904
107
Cairo Ark. 4 T., Ist mort.
43
41
Virginia— New 10-408
St. L. Alton 4 T. H.— 1st m. ill2
Coupons.—
rust-<lue
105"4
2d mortgage, pref
10
coupons.
State
Tenneessee
:92
do
income
40
South Carolina consol
Belleville 4 So. III.. 1st m.
107>^
114
4 N. Ind., s. f., 7s illl
4 Tol., sink, fund., 109
new bonds, 116'
Cleve. P'vllle 4 Ash.. 7s
Buffalo 4 Erie, new bds.. <120
108
Rome Wat. 4 Og.— Con. 1st.
95
Int.
104
103
84
GaIv,Hous.4H.-78,gld,'71
.
1
Ind'y, 7s
Ill.Cent.-Dub.ASIoux C.lst
Dub. 4 Sioux C, 2d div..
Cedar F. 4 Minn., 1st m.
Ind. Bl'in4 W.-lst, pref.7B
.
I'd gr't
St. L.4
106
113
598
N.
96
^i"
6OH
i
Buppl.
Bt.L.Va.4T.H., lstg.7s,'97 110
do
2d 7s, 1898 tlOO
do
2d gtd.78, '98 105
84-80
111
H2K
Waco 4
do
do
.
Ist, con., f, cp.,7i tl20
2d,con.,f.cp..os,0p
111
Chlc.M11.48t.P.-l»t.88,P.D
Sd mort., 7 3-10, P.I).,1S9S
m.. 7«. « i!'ld.K.n..190a
10«W
.
Ist mort., 7s. 1900
Wi'A
do 2d
do lat
,,,
109
106
2d C^ Main line, 8s...
2d Waco4N.,8a
Inc.
41
do
do
in«
124
llj
VSi
4 I. C, l8t con.
2d con...
Ist Tr't Co.ctfB.aBS
Col. Chic.
951,.
I
15
Bur. Ccd.R.i North.-l8t,5s
92
Minn. 4 St. L., 1st. 7s. guar il05
Iowa City 4 Wesfn.lst 7s
Central Iowa, 1st m.7s, 1899
Chesap.4 O.— Pur. m'y fund
1st. reg.
do
Denv.4 R. Grande— lst,1900 104" i04y
Ist mort.,
11
48 Si
Railroad Bonds.
Stotk Exchantie Prices.
Bait. 4 O.— 1st (is.Prk.b.lfllO
Boat. H. 4 Erie- 1st m...
_lst mort., guar
1:4
Han. 4 St. Job,— 8h, conv..
Hous.4Tex. C— Ist, m.l.,7s 106«l:08
104
....
Ist mort.. West. Div., Ts..
4 Nav. Co (118
Pennsylvania Coal
Pullman Palace Car
II13«
3llTeraiff Mining
btandara Cons, Gold Mining
114
.
1916
108
Pennsylvania RR—
Pltts.Ft.W.4 Chic, Ist m. ]36Jt
do
do
2d m.. :128
do
do
3d m..
Cleve.4 Pitts., consol., s.f. lis'
do
4th mort... ;110
Reus. 4 Saratoga, Ist.coup
do
do
Oregon Railway
pref
125"
95
123
8s, 1905..
ConBOl. 68.1905
Income and land gr't. reg.
Ist Construction, 98, 1930.
110
N.Y.L.E.4W.,n.2d,con.,0i
N.y.4Struit»villcCoaI4Iron
Ontario Silver Mining
do
'':i7
.
Long Dock bonds
ButrN.Y.4E, Istm.,
iceji 107
3-6s, class C.
3-6s. class B.
Texas 4 Pac.-lst,
45
,
South Pac. cf
reg., 7s, 1917
do
Albany 4Su8queh., Istm. 110
109
2d mort
do
Ist con., guar *113
do
Ist cons, gold 78, 1920...
....
....1
do lst66,Peirce.C4(>
do Equipm't 78, '95
Mo.— 1st m.
.1109^
Ist Pa. dlT.,coup., 7s, 1917
Ist cons. 78, 1910
do
Erie— Ist mort., extended,
id mortg., ext'n 5a. 1919
3d mortgage, 7a, 1888...
4th mortgage, 7s, 1880
5lh mortgage, 7s. 1888
Excelsior Mining
iiHH
Gold & Stock Telegraph.
Uomestake Mining
LaPlata Mining
Leadvilte Mining
Little Pittsburg Mining ..
H>4
Alariposa L'd 4 Mining Co.
do pref.
do
Maryland Coal.
18
Montauk Gas Coal
Quicksilver
construct'n
do
7s of 1871.
do
Ist con., g'd.
do
Del.4 Hud.Canal-lBt m.,'84
1st mortgage, 1891
extended
do
Coup.. 7s, '94
do
Reg. 'is, '94
do
do
do
40
99
109kl?o
lst,ex.l.gr.,t8
96g mw. Ilndianapolis 4 St.L.-lst, 7b
.
.
.
4 Pere M.-88,
.
I
117!^
117>*
Flint
Consolidated 8e
stock
I
do
1st consol. 6t
RB. of Mo.— ist m.
8d mortgage
Income, 78
Ist m.. Carondelet Br.
Bt.L. 4 S.F.,2d Bs.class A.
Syr. Billih.iN.Y., lst,7s
.
E. Ill.-e. F.c'y 1907
—
!
1045^105
Pacific
7s, 1907
—
—
,
Istm., 88, '95, with cp.ctfs
l8t m.. 6b, '96,
do
Den. Div. 68 ass. cp.ctf..
IOS'4
4 W.— 2d mort
4
95
00
Income bonds
100>«10U^, Chic. St. P.4 M'polls— Ist.Oe :«5« tOUii
Land grunt Income, 68
Chlc.4 8outhwe8t.— 78.guar no lis"
Cin. Lafayette 4 Ch.— iBt m
tl03
idsji ld»"
Cin.4 Spr.-lst, C.C.C.4I.,
113
112
lstm.,g'dL.8.4M.S.,1
104M
penver_Pac— lflt,7s,ld. gr.jg
91«(i
Pac—
KanBaB
108
1M«
Chic.
91k-
ll»k 120
Sinking fund
convertible
Mortg»«e
Ist
»•
Land grant bonds
Brie 4 Pittsburg- Istm., 'is
Western Pacific bfinds.. 108X 109
98« Wii
Con. mortgage
South Pacof Cal.— Istm.
78, equipment
...
Union Pacific— 1st mort.. 112V6
1145<
Evansv. 4 CrawfordsT. -7s
Land grants, 78
..
C.lst 6S.1916
4 Oregon,
State Aid bonds
Ch.St.P.4Min.,l8t6-..1918 105
N. Wise, lat M., 6s., 1930, tl03
pref.
:.
& Indianapolis
—
Ist m., Springfield div
1st m.. 68, 1920.
Peoria Dec & B'vlUe, Ist 88
Pacific Railroads-,Central Pacific—Gold bde.
Ohio Cent.,
. .
1st con. 78
C. St.P. Mlnn.,tO'aCons.6s,
mi
'
—
m.
.
".'.'.
tll3
2d m
do
Ind's— 1st, 7s, s. f 119 121
112
Consol. mortgage
C. St.L.4 N.-O.- 'ren.Uen7s loe'
4
C. C. C.
103
547
i80
,
Galena* Chicago, exten.
Rensselaer & Saratoga ....
ns
Rome Watertown & Ogd...
St. Paul 4 Duluth
Ist
—
1920....
Peoria Dec 4 K'vllle— Incs.
8t.L.I.M.48.-l«t 7s,prf .Int.
2d Int., 6b, accum'latlve
ISlJii,
N.y.C. 4Hud., 1st m cp.
131
do
Istm.J reg t
Huds. R., 7s, 2d m., s.f.,'8S S109.
Miscellaneous List.
92
93
lOBJi 112
Canada South., Ist, int. g
130
J.... 104
Harlem, lat m., 7b, coup.
(Brokers' QuotatiOTia.)
Wl
l.st
ni.,
reg
do
78,
129>t
101« 101«l :<. Y. Blevated-l8t, 7b, 1906 111«
RAHiBOADS.
110
Nevada Central— Ist m, 6s. 100
1C8
Atch.4P.P'k-78,gld
117
Ohio 4 Miss.— Consol. s. f'd
iI04
117
Boat. 4 N., V Alr-I.— Ist m.
Coneolldated
112
*125
Chlc.4Can.8o.— iHt m.,g.,7B
113
2d consolidated
registered..
Midland, 1st m., Ss.
Iowa
111
163
Chicago
1
... ,120
1145< 115
do
N.Y.Elev^ed... ............
N. Y. New Haven & Hartf
do
nsk u«
ido'
mortgage
1st
«oiH
do
....nio
Ohio Central— Inc.,
;05K
105"
,
....1118
Extension bonds
Metropolitan Elevated
Stoningtcn
Terre Haute
Or, 1910.
4D., 7s. 1910. ..
Chic 4 Northw.— Sink, f 'd.
Int. bonds
Memphis & Charleston
do
Minn. div.
Istm.. H.
Chicago..
do
4
4
I.
1st So.
79
120
.
pref.
&
LaC.
Istm.,
istm.,
istm.,
Bailroad Stocks.
70
85
10
7W«
110
VVcstirn N.r.— la' m.,
Mo qiotalioa UxU}
;
iteit »ale this week.
IHE (^HRUNK^LK.
176
NEW YORK LOCAL
Bank Stock
COMTiNII".
[Vol. XXXI.
SECURITIES.
Ltat.
Insurance Stock
[QnoUtlons by K.
I'lVrDKNDS.
Surplus
8.
List.
Bailit. Broker,? Pine
Street.]
at latest
llirk'd thuii (•)
•re Bot an"..
Amount
/•
dates.
§
1878. 1879.
Net
Capitai..
,6J».300
I.& J
Am.ExcbuDge
Bowery
Broadway
.415,0.)0
202,0<)0
M.4N
8
6
.'^2.51)11
1.& J
11
16
Batchers '& Or.
Central
Wi7.)0 J.
Cbaae
Cbatham
4
J.
4:14 .800
J.& J
74.100
18H.8O0
.1
7
.&.!.
8
6
Chemical
,8S! iOo "1-m'ly
6
100
100
Citizens'
i;8.400 .J.&J.
H
City
....
OOBllBental
Corn Kxch'ge*.
Sa«t River ..
11th Ward'....
riflh
Fifth Avenue".
1,000.000
iu()i
10
I.& J.
212.400 1.4 J.
8
H
F.&A.
10
10
Aun.
8W
7
July,
6
6
1)22.600
70 800 1.4 J.
100,00(1
500,00(1
First
ie,:oo
I .
4,i.SI0
1.
.1S1.700
.061 sue
600,000
87».80o
1,000.000
200,000
200,000
Manhattan*
Marine
Market
2,050,000
Mech'lcs
500,000
2,000,000
500,000
200,000
A
Tr.
1,000,000
2,000.000
1,000,000
300,000
MerchantB*.
Merchants' Ex.
Metropolis*.
Metropolitan ..
.
.
Murray
3,000,(100
Hill'..
Nassiiu*
Hew I'or^
H. r. Couu'v,.
100,000
1,000,000
2,000,000
Bepabllc
200,000
300,000
750,000
700,000
240,000
800,000
422,700
100 2,000,000
25 412,500
20 1,000,000
n»,(fi
50
100 1,600,00(1
Bt. Nicholas...
100'
H. Y. N. ixch.
Ninth
No. America*..
North River*.
Oriental*
Fadllc*
Fark
FcopleV
Fhenix
Prod ace*
Beventh Ward. 100
Second
100
eUoe A Leather 100
!xth
100
T
Btate of N.
loo'
Third
Tradesmen's.
'.2,
.1
'fO.
'80.
'80.
an
•.io.
'76.
8
•80.
3
8
8
Aug.,
7
Juiy, '80. 3)4
3
7V« July, 80. 4
8
2
H
4
»«
10
12
5
7
8
8
1M.400.I.4J
8
6
F.4A
column are of
6
10
J
J
6
7
8
VI.4.N
4, 1.
J.
7^;
10
H.4N.
1.4 J.
(late
.
8
June
11, 1880, for
for the State buuks.
'80. 2>*
150
8«
1C9
1-^0
160
the National banks
Gan and CItr Railroad Stocks and Bonds.
Amoant.
Brooklyn Gas Light Co...
Cltlzens^UasCo (Bklvn)
do
bonds,
Harlem
Jersey City 4 Hoboken
Manhattan
„<'o
scrip,
New York
P'onle^" (Brooklyn)
Bond'
Bonds
...
Central or .^ew York
WUUamsburedo
bonds ....
Metropolltau, Urooklyn
.'
MunlclpiU
do
bonds
_
Fulton Mgnlclpal
„.
July, '80
Juty. '60
1882
Feb., 'fO
Var
M.&N.
,
VI.4N.
.M.4N.
F.& A.
1S97
1900
y, '80
July. '80
O.
M. 4N.
750 OOOl.M. 4N.
100/1,50j,000|
•
145
Q—
'.
(
'.
1900
100
July, '80 55
Juiy. '80 175
ises
105
/.
75
*
I
Ju
y, 'PO
105
3)4 Aug,. 'SO IHO
170
.Nov., '8') lO'i
110
July, 'SO 140
150
Apr.. 'SO 9.^
100
1888
Il02)4 105
Ju'y, '801 90
IOO
'uly, 'SO 98
Dec.1902 10814
Aug., '80] 70
1S90
9S
Au»., '80 119
June, '93 110
July '80 160
Ian.. '84 100
May, '80 160
Apr.,
Avenue— Stock
mortgage
Third Avenue— Stock
1st mortgage
Twenty-third Street— Stock
1st
'.'.
l**!
»
ninr) 'ra"e.
004 c.
IOO
This column shows last dlvldead on
'93 110
175
115
25
30
200.01H) M.4,><.
750.0001
SUy.
&N
J. 4 J
Q—
P.
'4
VI.
I
'
116
175
110
103
1.000
600,000
100 2,000,000
1,000 12,000,000' J
J
IOO
6oo,ooo;k.4a,
vnon
100
112
75
100
Vi5
lOo
',
Sixth
Viu 93
jJulT, '81 103
Iniyi '94 100
luly, '80 60
Apr , '85 100
May, '88 9714
Scpt.'SH H;iJ
-
*
"
21
102
;j«.o.(ionlM
ttocki,
* n
120,(120
11,882
19,869
570,973
112,831
409,086
95,537
201,as8
98,114
452,3S7
34,660
23,118 10
196,294 20
—8,010 10
170.301 12-35
136,014 17)4
35,182 10
July
•80.10
•8U.I0
Aug..
•80.
^pr.. 80. 714
luiy.
.)
July
Mir., •80
9
170
50
110
97
80
.<aQ..
•79. 6
y, •80. 5
Jul>.
Ju.y.
July,
July.
•80.
•80.
•80.
5
4
5
•f-0.
4
luly. •80. 6
luly. •80. 5
luly, •80. a
In y. 80. 7
July.
•80.
5
JU y. •8 .. 5
July •80. 5
July 80, 7
Aug., 80. 4
5
145
115
'W
1'15
170
90
131
100
70
141
120
105
90
130
83
140
113
1S5
160
too
160
1-20
70
80
J lily i 80. 3^4
Ju
80. 7
80. 4
^P,"
'Uly. 80.10
Ju y, 8C. 6
v,
-
July. •r-0. 8
Jul,
80. 5
luly 80. 5
160
liso
110
205
108
ISO
105
115
1-JO
125
75
85
75
July
20
July' 'SO. SH 70
•80.10
150
Ju
80. 5
190
113
y
Aug.' •80
10
50
3
uly, •80.8-23 125
9-';3
20
IOO
108
130
lOS
lis
150
75
117
115
155
100
150
110
50
10
I21?,964ll0
80
IOO
180
190
95
103
120
90
100
105
145
110
110
luly, '^0.10
12
437.31490
130
140
'isii
135
80 5
10
10
195'
185
190
120
5
In
^
8-23
200
190
•luly, •SO 7), 250
luly. •80. 3
60
•Inly. •80. 5
130
lri5
July. •80. 5
luly. •80. 5
80
July, •80. 5
130
Ian., •79.
3>t 50
Juli-, '80 5
100
July. •80. 5
90
July. •80. 4
80
•80.
20
12
20
12
10
'20
5
80. 714
-luly
30
5
'80.
.luy.
12
8
10
80. 3)4
,iy,
July, '80 8)4
July. 80. 5
.laly, •80. 6
July, •80. 5
July,
20
10
15
11
10
12
15
'8.J.6-92
Aug
is"
12
I
July
10
20
5
80. 5
u y 77. 6
luly. 80. 4
10
13
N'ne
N'ne
,
.lUiy
20
20
10
14
10
12
10
91,885 20
821,374 16
120
100
185
.1
12
„
4
80. 5
u
N'ne
12)i
143,3'-2 16
•8D.
luly
e. •81..IO
Aug., •80. 8
10-72 10
12
11
16
12
20
10
20
14
102.5(19
My.
Ju
July,
105
Aug , •80. 314 70
Ju y •80 5 115
•00
July, •80 5
July, •80. 5 120
8«
U
10
20
80
I'JS
uo
5
•80.
Aug.,
lOS
5
'80.
uly. '80.10
Dakibl A. Uobait, Broker,
3T Pine Street.]
PRIOR.
INTERRST.
York:
mw
Water stock
.I841-«3.
S
5
Crocon waterstock. .1845-51.
.1352-60.
do
do
Croton Aqned'ct stock. 1865.
pipes and mains.
do
reservoir bonds
lo
Central Paik bonds. .1858-57.
1853-65.
no
do
6
6
7
.
6
B
6
7
...1;75.
do
186»-«8.
Market stock
Improvement stock. ... 1869
...1819.
ao
do
—
var.
var.
New
Consolidated
Westehester County
6
Feb.,
do
do
do
6
7
do
do
do
do
do
do
do
do
do
do
January 4 July.
do
do
Qua-frly.
Miy dc Novem'ier
6
7
8g.
7
[Quotations by N. T. Brbrs, Jr., Broker,
J5tr«>A*i/n— Local
Im
1880
1
Bid. Ask.
1(K)
10.
1890
106
1883-1.S90 104
1884-1911' 106
107
loa
I8S4-1900
May 4 November.
Feb., May, Aug.A Nov. 1907-1911
1898
do
(*o
1895
do
do
1901
May & November.
1898
May 4 Novcnber.
6«.
due.
May Aag.4 Nov.
do
do
do
7
s
5
ABsea-meut
Bonds
Months Payable.
Kate.
112
IIS
108
115
125
ll.i
1891-1.89T 127
107
I8S9
115
1890
122
1901
1888
107
1RS2
1896
1891
19'i6
1884
New
I'20
125
120
109
116
11!6
116
l>^
108
116
123
115
108
105
118
122
1-23
107
102
109
lOS
102
St.]
ir'eiu'i—
City bonds
7
7
do
Prtrk bonds
7
Water loan bonds
7
Bridge bonds....
waier loan
City Bonos
Kings Co. bonds
7
6
Park bonds
5
Brldg;-
8
6
7
6
Ja juary
do
do
do
do
ac
do
&
July,
-lo
Jo
do
do
do
do
ifso-isasl 10214 !0«
I8o8-ihai:io7
118
1915-192411:10
ISJ
128
1904 1912I128
1886-1902 lO'J
1881-1890,102
18S0-lss;1hu6
1880-18851114
19-24
119
1907-1910 116
lilOO-I9-.'4
May 4 November.
^o
d"
January a July.
Jo
do
1.10
131
118
116
HI
116
121
119
•All Brooklyn bonds Hat.
iiiau
[QuotatloDB by C. Zabribeik. 47
Montgomery
St.,
Jersey City.]
100
100
'77 I^"*
July. '90 110
115
Aag.,'80 IHO
July, ^90 104
Aug., •80115
lOls
10
20
18
20
20
Bid. Ask.
City Securities.
IQaotatlona by
Consolidated bonds.
Street imp. slock...
IS
98
Sov.1904 IOO
Jo
.
'.'
101
Last Paid
• Over all liabilities, Incl'adlng re-insurance, ".apitsl and pcrlp.
Mlnusslgn (— ) indicates Impairment.
t3urplue Includes scrip.
80
65
180
110
80
14
10
20
20
20
20
20
20
10
318,877
200,000
300,000
200,000
200,000
200,000
500,000
200,000
200,000
300,000
260,000
300,000
250,000
160
190
145
105
50
95
101
89
ICO
85
60
75
211,480 30
166,213 20
36,101 10
174,024 20
10t,856
168,605
,000,000
I'
*(;Ju'y. ').0
7
J'ly.l900
2
7
1
llT"
104
1877 1878. 1879.
509,510 15
70,593 10
421.-is6 20
3IO,a4« 20
218,712 20
487,.i»8 20
171,717 17)4
103.725 18
2.800 5
83,872 25
200,000
150,000
200,000
200,000
200,000
200,000
200,000
210,000
200,000
200,000
300,000
500,000
350,000
200,000
200 000
150,000
200,000
Prio«.
I,
1880.'
18
lO"
1,000,000 1,159,661 12-50 13 40 13-65
20
15
300,000 596.418 20
72,970
14
10
200,000
10
91,889 15
10
10
200,010
15
200,000 137.2C0 15
15
70,602
12
10
204,000
8)4
73,739 12
11
150,000
11
144,427
200,000
7
926,950 io
l6" 10
1,000,000
807,888 30
22
14
1,000,0(X)
10
10
200,000 124,467 20
30
30
200.000 350,187 40
23,833
7
200,000
10
12)4
150,000 132,682 •20
{S« 20
500,000 730,'^85 10
43,714
10
10
200,000
10
10
10
3,000,000 ,366.888 10
2,-i44 10
10
150.000
I50,'228 12
10
i«
500,000
74,418
10
10
200,000
12
11,179 13
10
200,000
8)4
10
10
200,010 892,229 10
90
20
150,000 197,198 20
7,817 10
6
5
280,000
115,730 20
14
160,000
1
67,097 10
10
10
200,000
12,480
10
10
160,000
10
18
13
200,000 243.'251
30,208
5
10
800,000
198.563
12
12
200,000
10
10
250,000 140,812 „„
Continental., t 100
Kagle
40
Kmplre City
IOO
l!)xc'iange
30
Farragnt
50
Firemen's
17
Firemen's i'r .. 10
Fran"«lin4Emp IOO
German-Amer. IOO
Germania
50
Globe
50
(Greenwich
25
Guardian
100
Hamilton
15
Hanover
50
Hoffman
50
Home
IOO
Hope
25
Howard
50
Importers'A T.. 50
Irving
100
-^
Jefferson
30
Kings Co.(Bkn) 20
Knickerbocker 40
Lalayette(Bkn) 50
Lamar., .;
100
Lenox
25
Longlsl.'Bknjt 50
Lortllard
25
Manul.4 Build 100
Manhattan
100
Mech.4Trad^rs' 25
.Vtech^ics^(Bkn) 50
Mercantile..
50
Merchants^
50
Uontauk (Bkn) 50
Nassau f Bklyn) 50
National
3714
N.Y. E<initable 35
New York Fire 100
N. Y. 4 Boston 100
New York City 100
Niagara
50
North P.lver.... 25
Paclllc
25
Park
100
Peter Cooper... 20
People^s
50
Phenlx
60
Belief
50
Kepubllc
t 100
Kutgers'
25
St. Nicholas.... 25
Standard
50
Star
100
Sterling
100
Stayvesant
25
Tradesmen's..., 25
United States.. 25
Westchester... 10
WllUamsbgC.I 50
64
105
75
Broadway.l
.
Extension
95
75
50
70
Ju
Quar.
100
900,000 J 4 .1.
1st mort^rage
1,000
894,000 J. 4 J
Broadway & Seventh Av.— St'k
100 2,100,000 Q-J.
1 St mortgage
1,000 1,500,000 J.4D
Brooklyn City— Stock
10 2,000,000
F.
1st mortgage
1,000
300,000 M.4N
Broadway Urooklyn)— Stock
100
200,0(V) Q-.I.
JJroOklyn & Hunter's Pt.— St'k
100
400,000 A.40.
1st mortgage bonds
1,000
300.000 J.* J
Bushwick Av. (li'klyn)-Stock.
100
500,000 J. 4 J.
Central Pk. N. A E. i.iv.— Stock
100 1,800,000 Q-J.
Consolidated niort. bonds.. . 1,000 1,200,000 J . 4 D.
Christopher & Tenth St.— Stock
IOO
6r)0,oi;o F.4A
Bonds
1,000
250,000 J. 4 J.
Dry Dock E.B.& Batt'ry— Stock 100 1,'iOO.OOO
Q-F.
Istmortgnge, consolidated
5004c
900,000 J.4D.
Eighth Avenue- Stock
100 1,000,000 ,Q-J.
1st mortgage
1,000
203,00(1 J. 4 J.
42d St. & (irand St. Ferry— St'k
100
748,000 VI. 4N.
Ist mortgage
1,000
236,000 A.40.
Central Cro.'is Town— Stock
100
eoo.oo<.i
Ist mortgage
1,000
200,000 MiikN.
Honst.We.'<t Kt.& Pav.F'y— St'^'k
100
250,000
Ist mortgage
600
4.T.
500.000 J.
_
Second Avenue— Stock ..'.'.'.'
IOO 1,199,.500'J.&J.
Sd mortgage
1,000
150.000 A.IK O.
."
Consol. convertible
1.000 1,050.000! M. 4
60
100
70
150
18S
140
101
75
10)
-80 90
June, ^80 102
Jan., '76 35
&
& Full. Ferry— St'k
100
45
May.
.\f.4.N.
;.
J.
[Quotations by H. L. Grant. Broker.
Bleecker St.
Feb. '78
1,500.0(X)
,
SO
'80
June, 'hO
Aug., '80
Aug., '80
M. 4 S.
Quar.
F.4 A.
A.*
Jlay,
Aug.,
1898
M.4S.
•i,600,000
1,000,000
5,000,000
1.000,000
1,000,000
700,000
4,000,000
1,000,000
37:\000
125,000
466,000
1,000,000
1,000,000
1,000,000
Mutual, N. r
do
bonds
Nassau, Brooklyu
Ask.
*
2,000,000 Var.
1,200,000 Var.
315,000 A. 4 0.
1,850.000 f.&A.
750,000 J. 4 J
4,000,000 1.4 J
IfietrODOIltan
do
certilicates
)
Date.
Period.
80
50
.
[Gas tjuotatlons by Oeorge H. Prentiss, Broker, 19 Broad
Street
Gas Coupanies.
100
...
Ju y
300,000
210.000
260,000
800,000
200,000
.
JUiV, 80. 3>i ibs
.inly, 80. 3
7 July, '80. 3.^4
8 Juy, '80. 4
10
Aug., '80. 2H
6 •'uiy. '80. 4 121
7 July, •SO. 31*
3 July, '80. 3
July, '74. 3H
94* Aug., 80. 4
3 July, 80. Sii 103
July. •8). 3
8
July, 80. 5
8
Jniy, •80. 4
6
July, •80 3
7
May,' •80. 31»
July, •80. 8H
7 July, •80. 3M
8
Miy. •80. 5
12
July, •80. 6
H
9
.1.4 J
12i).9.0
May,
71* Ar,g. '80.
....
j.'aj
1.&
135
July. '80. 4
5
218,800 ,J.4 J
J.
'80.
75
21^ July, '79. 2ii 102
3
.May, '79. 3
88
'rO
7
luly,
8H 127
6W Julv, '80. 3
July, '90. 8)«
'"0.
9
5 145
July,
12
July, '80. 3
5 May. •80. 8 I'OO
8 July, 80. 4
8
Jufy. '80. 4
6
10
10
6
4
HH
8
7
ft.J,
4
,lu y, '80. Sii
8
3
J.&J
J.
J.
'80.
11
183.100 ,!.& J
22(,SoO fi-K531.300 I.& J
711.900
136 600
58,b00
188 500
173,200
40.300
273,500
iw,oori
279 100
711,100
May. 80. 5
14
S8 600 F. &A.
149.7U0 J . & J
166,900 .J.i J.
B-'.S'O
so. 3)»
Apt., •80. 4
'80. 2>i
Aug.,
6
7
.
I.
May,
14
.J .
47,:<O0
July; 'm. 5
July, 80. sa
"ay,
153,IX)0
Columbia
Commercial
5
July,
17
20
70
...1
Clinton
sa
.luly
400.000
200,000
300,000
200,000
Citizens',
City
80.10
4
y,
3
Mar, '80. 3
.
.
800,000
500,000
200,000
800,000
188i),
M
July,
July.
American
+ 50
American Exch 100
Bowery
2.1
Broadway
25
Brooklyn
8
July, 'HO. 7
July, '80. 4
Juy '80. 3
July, 'SO. 5
76,400 M.4K.
41.H0O
188.10 I M.&N.
710,6oO J . 4 J
17H.100 .J ft J
41.900 I.& J.
.,3J1,«00 .l.&.l
77.8-0 J. & J.
80,700 .vl.l»^.
802.100 ,|.& J.
600,1100
300,00(1
in this
1
000
,082,100
50 1,'200,000
200,000
•The IlKures
»
8
6
7
J.
4
F.4A
4J
1.4 J.
&J
.1 .
li.7.800
2,»3
100
and of date June
4
7,500 J.
100 l,CO(i,000
40)1,000,000
Union
West side'...
b
2Sn,0'.ii 1.4 J.
.(lfi».200 J.
1.
15-(.8 )0 r.4.I.
400,0(10
M'lrcantlle
May.
441 800
.IW.&Xl
7W
2W
7
I
500,00)
100,000
600,000
6
7
10
4.
1,600,00'
120
12
6
J.
er.aao
17 10 li!4N!
1,000,000
Imp.dt Traders'
Irving
Island City' ...
Leather Manuf.
Mech. Assoc'n.
1.4
p
fcO.hO.
'JOO.OOO
Mechanics'
J.
M.&N.
\.& O.
81300 C.4 A.
754.001
760,00(1
.
,1
tHJV
3,ZOO,OOu
eallaUn....
Qermania*
Greenwich*
Hanover
„
A
1
2'-'0.10()
Fourth
Fnlton
German Am.'
German Exch.*
A
3K
3H
•luly, '80.15
.luly, '». 3>*
M.*N.
250,000
100.000
150,000
.
'80.
Mar., '80.
Ju y, '80.
6
10
4S3,ciiu
,U04.UI0
.
Commerce
80.
Amount
Par.
sa
•80.
'80. 81,
'80. 5
'81. 8
•7H July,
May.
6
10
July,
16
•luly,
Juiy,
6
7
July,
DlVIDRNDS-
Surplus,
COHTANIXS.
America'
'->
Jersev
CUy—
Waiet loan long
106
120
bu t the date of maturity of bmiu
"10
1869-71
Improvement bonds
Bergen bonds
1868-69.
Jftnuary
•lanuary
4
July.
7
A .luiy.
J.4 J.ant J 4 D.
*
January aud July.
7
1P95
101
lS«fi-190'i 1I9
1S9'-91 105
1900
102
102
no
lOB
103
ACGUST
THE (^RONICLE.
14, 1980.J
177
" The contract provides that as sections of twenty or more
continuous miles of road and telegraph west of Forth Worth
shall be completed by the Improveiiu-nt Company, they shall
AND
be examined by an officer of the Teia.s & Paciflc Railway ComSTATE, CIT« AND CORPORATION FINANCES.
pany, and if found to be constructed in accordance with the
The IsvESTOEs' Supplement contains a complete exhibit of the contract they are to be accepted and paid for at the rate of
Funded Debt of States and Cities and of thi Stocks and Bonds $20,000 per mile, in bonds, out of an issue of $25,000 per mile
authorized, and $20,000 per mile of the capital stock of the
of Railroads and other Companies. It is publiahed on the last
« * * "This will leave subject to the control
Saturday of every other month viz., February, April, June. company."
August, October and December, and is furnished without extra of your company $5,000 per mile, §3.000,000 in all, of these
charge to all regular subscribers of the Chronicle. Single copies first mortgaee bonds, and there will also be a surplus of aboat
$600,000 of the income and land-grant bonds.
are sold at $2 per copy.
" The work was commenced promptly under this contract,
and has been vigorously prosecuted; and although no portion
INDEX SINCE JUNE SUPPLEMENT.
The following ia an index to all reports and Itoius lieretofore pnli of the new road was actually turned over to the company
Ilsheit In the inveRtmcnt Department of the Chkoniclk since the last
within the limits of the fiscal year just closed, 70 miles
all
Issue of the Investoks' Supplement; annual reports are indexed in have since been constructed and accepted
by the company, and
black-faced type
there
is
every
reason
to believe that the flist hundred miles
121 Louisville & Nashv
45,95, 122
Adams Express Co
)M LoiUsv. N. Alb. & Chic.
V. 30]
will be completed within the same time required by the conAlabama Oreat Southern
121
675,95, 152 tract.
Am. Union Telegraph
Anthracite Coal Fields. |V. 30] 674
" With the completion of this 600 miles of line to El Paso,
87 Manhattan Elevate<l. 68, 95,
Anthracite C'oal Tonnage
123. 153 JOMT company will own 1,140 miles of road,
Anthraciti' Coal Trade
20
subject to aa
Marietta
&
Cincinnati
68, 95
Arkansas Bond.s
88
indebtedness of but $25,000 per mile of •> per cent interest45,
43, <>7 Metropolitan Elevated
Atch.Ton. ASan.Pe
bearing
bonds,
and
per
mile
$7,814
of
income
68, 95, 123
and land-grant
121
Atlanta & West Point
20 bonds, tliat have as additional security a first lien upon
153 Michigan Central
Atlantic & Oreat Western
44 4,851,702 acres of land along
Atlantic Mi,-<«. \- Ohio... 20,43, 121 Miner.'il Point
the
line
of
road
under
coastruc15.'i
Atlantic >t Nortli I'aiolina. 44, 122 Mining Co. Decision
151 tion. The proceeds of sales of these lands, that under the
122 Missouri Paclllc
Augu.staik Kiio.vviile
Missouri Pacitio Consolidation. 123 provisions of the mortgage must be applied to the payment of
Boston & Albany
44, 152 Moljllc&Ohio
153 the.se income and land bonds, will, it ia believed, retire
them all
Boston Hartford & Erie
44, 07
07 within a very few yaars."
Boston H(M)sac T\iniu?l
Alb.. 20 Washna & I>owcll
Nashv.
Chat. & St. L...[V. 30] 675
The following comparative tables of statistics have been preBoston & N<!W Yorlc Air Line.. 152
95
152 New Orleans Pacific
Boston Water Power Co
pared for the Chronicle in the usual complete form :
20
Brooklyn Elcvateit
44 N. Y. Boston & Albany
"""-^
EOAD AND EQUIPMENT.
9.5
Brooklyn & Montank. (V. 30] 674 N.Y. Ccnt.& Hud. Klv...,
45
152 New York Citv
Buchanan County, Mo
1876-77.
1877-78.
1878-79.
1879 80
N.
Y.
City
Northern
&
93
Buffalo & Southwestern ... 07, 122
Miles of road operated
443-80
443-86
443-86
44 -8
68, 95, 123
122 New York Elevated
Burlington Cedar Kap. & N.
50
49
49
N. Y.Lake E.<feW
52
20, 68 Locomotives. .1
Pass.,
mail
&
e-xj).
cars
42
42
41
Cairo & Vinccnncs
68 N. Y. Loan & Iiuprovem't Co.. Om
42
998
977
962
Canton Comp.any of Baltimore 43 N. Y. & New England
958
153 Freiglit ears
10
10
11
10
Carolina Central
68 N. Y'. Ontario &. Western .. .95, 123 All other cars
OPERATIOSS AND FISCAL RESULTS.
Central Iowa
20, 115 N. Y. Penn. & Ohio
68. 153
OperaUoHS—
1876-77.
1877-78.
1878-79,
1879-80.
Central Facifio
151 N. \'. WestSliore &Chic.[V.30J 675
191.«.->8
220,103
245,112
Champaiyn Havana & Western 124 North Carolina State Bonds.
194.7H8
45 Passengers carried
Passenger mileage
13,886,499 15,004,800 11,651,044 11,438.607
Chcsap. &. Deia. Canal.. fV. 30] 674 Northern Pacillc
68, 95
Freight (tons) moved.
355,789
3SS.967
379.125
525,093
Chicago it Alton
68
Fivight (tons) mileage.43,309,881 51,022,434 50,723,818 66,4,16,382
[V. 30] 675,
Chic. & Hann il>al & St. Joseph
94 Ohio & Miss
Earnings, dc. —
20.46,68.123. 153
Chicago i Iowa
S
$
$
44, 122
Owensboro
Passenger
&
Nash
|V. 30] 675
524,108
4.'56.055
592,694
456,576
Chic. Mil. & St. P
44. 152
%nvitsimtnt$
—
m
. .
f
.
<fe
.
.
. . .
.
.
.
Chicago & Northwest'n.lv. 30]
674,94, 152
Chicago & Padncah
124
Chicago Pekin & Southwest'n. 152
Chic. St. P.M.&O.fV. 30) 075, 20
Chic. R.I. & Pac
[V. 301-673
Cin. Ham. & Dayton.. ..[V. 30] 667
Cleveland & Marietta
94
Colora. Coal & Iron Co.[V. 30] 675
Freight
Pacific Railroads
Paris & Danville
46,
Pennsylvania RR.[V. 30]. 675.
20. 96,
& Jacksonville ..
Philadelpliia & Reading
21,
Peoria Pekin
Elizabeth City, N. J
122
& Terre Haute
45
Flint &PereMarq.[V. 30] 675, 115
Framlnghain & Lowell
94
Galv. Brazos & Colorado
122
Galv. Houst. & Henderson
45
GaaStflcks
88
Grand Trunk
Canada
Grayvillo & MattO(m
Greenville
152
of
Culunibia
45
94
Hannibal & St. Joseph
20
Houston &. Texas Cent. [V. 30] 675
Kansa* City F. S. & Gulf
122
Kan. City St. Jo. <t C. B
94
I.ake Shore & Michigan So
20
I-anrens. S. C
122
Lehigh Coal & Nav. Co
1-22
Louisiana State Bonds
ss
<t
68,
123
123
1,660,645
77,971
1,582,925
96,641
2,053.018
80,148
Total gross eai-nings. 2,043,452
Expenses,*
1,505,123
2,331,309
1,623,171
2.136,142
1,591,226
2.5.89,220
708.138
69-02
544,916
74-53
1,045.703
59-61
P,
St.
Lonis Arkansas & Texas.
Lonis Iron Mount. & So
St P. Miimeap.
St.
"
Paul
&
& Man
.
.
. .
.21, 96,
Sioux City
Scioto Valley...
South Carolina RR
South Pacillc (Cal.).-«.
Springtield & Northeastern..
Springf. & Nortbwest'n (111.)
Texas &
Paciflc [V. 30]. ..675,
61,
Toledo Peoria
& Warsaw
*
21
124
21
06
124
115
124, 153
Rutland Railroad
St.
c,
123
& Chic. .[V. 30] 671
& Buffalo ...46, 96
Pitts. Ft. W.
Pittsb. Titusv.
96
88
153
88
88
153
154
44
61
96
70
Union Paciflc
88, 154
Utah Western
104
Vii-ginia Bonds and Coupons..
88
Wal). St.L.A Pac. .21, 70, 124, 154
Western Union Telegi-aph
21
ANNUAJL REPOKTS.
Texsis & Pacillc Railway.
(For the year ending May 31, 1880.)
annual report of this company has just been published.
ir
Mr.
Thomas A. Scott, the President, gives a report at some
length on the progress and condition of the company, but all
the statistics below relate to the old road, and neither bonds
nor mileage, &c., for the new line under construction are
included. Of the contract for constructing the new line, Mr.
Scott reports that it " haa been entered into on behalf of
the
company with the Paciflc Eailway Improvement
Company, a corporation organized under the laws of the
btate of Connecticut, with a capital of $1,000,000, to complete and fully equip the Rio Grande division cf your
road between Fort Worth and El Paso, and a first mortgage upon this portion of the line has been executed and
placed on record in the several counties. The railway and
telegraph are to be constructed and equipped by the Improvement Company, in conformity with our present standard for
replacement, the work to be commenced on or before the 5th
of March, 1880, and 100 continuous miles from Fort Worth west
to be completed by the first day of Octol^r, 1880, and
at least
iifty miles additional on or before the first
day of April, 1881,
the whole line to be completed and equipped according to the
specifications of the contract on or before the first day of
January, 1883.
,
1,449,988
69,266
Mail, exp.
&
miscell's.
Net onrnings
46, 69, 123
Pittsburg City Bonds
Delaware & Hudson Canal.44, 122
Denver & Itio Grande .44. 94, 152 Portland & Ogdeusburg
Denver South Park & PaciUc.
<luicksilver Mining Co
45, 68. 152 Quincy Missouri &, Pacific
Detroit & Butler
[ V. 30] 675
District of Columbia Bonds.88, 122 Railroads of the U. S., 1879
Railway Building in 1880
Eastem(Mass)
45 Railways of Great Britain
Evansv.
68
153
538.329
73-65
of op, Bxp, to eaiii.
1,543,517
Includes legal exijcnses. general, insurance, taxes, prcm'm on gold. &c.
lSf{>-77.
1877-78,
1878-79.
1879-80.
Tot.il
net
income^
—
Ifisbui'senwnis
Interest on debt
538,329
708,138
544,916
1,045,703
557,867
658,049
656,370
663.120
69,620
Sinkingfuud
Balance
def.19,538
8ur.50,089 def,lll,454 sur.312,963
31, 1879 AND 1880.
1879,
1880.
COMPARATIVE BALANCE SHEET MAY
Dr.
Construction and equipment
Income and land grant bond interest
$26,639,158
$27,418,107
scrip,
issued Feb. 16, 1880, in equalization of interest to July 1, 1879
L.and department expeuditnres
Property account— bonds and stock
First mortgage bonds iu treasury
1,7.55,840
286,630
291,737
77,000
63,000
65.355
99,743
106.270
126,160
15,170
Consolidated bonds in treasury
Bills and accounts receivable
Cash in treasury
on hand
Suspense account
San Diego laud donation
Materi.ll
Total
Or.
Capital stock
bonds Eastern Division
Consolidated umrt. bonds Eastern Division..
Income anil land grant bonds
Land grant bonds, old issue, outstardiug.
Land grant li(md.s coupons outstanding
Bond scrvp. fractional, redeemable in bondsFirst nicutgiige
Interest scrip
Interest scrip Feb. 16, 1880, redeemable only
in lauds or capital stock
Land department fractional scrip
$27,770,228
1879.
$6,990,000
3,552,000
7,548,000
6,994,000
773,000
131,915
95,997
5,985
Town
lot sales
77.694
260.713
170,185
118,912
$30,196,354
1880.
$7,902,500
3.431.000
7,619,000
8,177.000
1196.000
;84.315
37,719
2,450
858
71,010
256,027
587.097
297,96 i
86,490
isJlsee
.
29!320
10:^,380
Paid off.
69,620
142,148
Paid off.
Paid off.
750
Paid off.
228,570
181,677
62,719
29,320
343,176
40.456
20.183
12,148
24,274
58,538
$27,770,228
$30,196,354
Suspense account
Total
382,322
1,552,570
Sinking fund lS7y. flrst mortgage bonds
Sinking fund 1S80, Urst mortgage bonds
Accounts payable, current balances
Special deferred loan
Bills payable
Unpaid coupons first and consolidated bonds
Coupons due June 1, 1879
Coupons due June 1, 1S80
State of Texas School fund loan
Proflt and loss account
Replaceuumt of equipment
Income account
Texas lanil sales, $184,217, less $172,071
bonds and scrip received In paym't for land
*1 12,577
This expenditure is for account of 4.8C 1 .702 acres of land iu Texas,
most of it within tlie company's reservation. These latids are mortgaged to secure the income aud'land grant bonds issued by the coinpany,
and as they are sold the net proceeds of sales, alter deducUon lor
these expenditures, must bo used to redeem the bonds.
t This represents about 4.000 acres of lands in San Diego, Cal.
land grant bonds are reserved to provide for tneso Oia
; Income and
bonds and coupons.
•
THE (^HUONIOLE.
178
Of the increase of $906,500 ia capital stock account, $660,000
was under a compromise settlement with the California & Texas
Railway Construction Company for work done and materials
furnished on 110 miles of partially-completed road; and the
balance is mainly from the exchange or conversion of interest
scrip on income and land grant bonds into capital stock.
The decrease of $71,000 in first mortgage bonds outstanding
under a 2 per
ia from the cancellation of that number of bonds
cent sinking fund, as provided
m the mortgage.
interest scrip February 16, 1880, on income and land grant
bonds, represent accretions of interest on outstanding bonds,
from their date of issuance by the company to July 1, 1879.
Most of these incdhie bonds were issued, under different authorizations of your board, in exchange for old coupon land grant
bonds with their accretions of interest to different dates. The
claim was made by parties holding the older issues that they
The
should not be prejudiced, because they had been among the
first to bring their bonds in for exchange under the reorganization scheme, and that interest should be ecinalized on the
several issues, so that all the bonds should have the same value
and carry interest from the game date. As the company was
not in funds to make the equalization in money, your board,
recognizing this apparent equity, directed the issuance of scrip,
as authorized by the mortgage, this scrip to be redeemable only
by exchanging for land, or by conversion into the capital stock
of the company, so that the income and land bonds now all
stand on an equality.
The increase oi $778,949 in construction account is mainly
from the final settlement and closing of accounts between your
company and the California & Texas Railway Construction Company; and the increase in income and land grant bonds is mainly
from the exchange of old coupon land grant bonds, with thefr
accretions of interest, for the new income and land grant bonds^
the old coupon bonds outstanding having been reduced from
5773,000 in amount, with $131,915 of matured coupons at the
commencement of the year, to $196,000 in amount, with $84,315
of matured coupons at the close of the year.
A noticeable change is in the special loan and floating indebtedness accounts, which at the commencement of the year stood
as follows:
$587,097
297,968
250,027
Special loan
payable
Accounts payable and current balances
Bills
I
$1,135,092
Total
142,148
Showing a reduction in floating indebtedness of
$993,914
At the close of the fiscal year your company had no loans,
notes or other obligations outstanding, except its current
monthly bills and pay-rolls, entered as accounts payable at the
close of the month, but not due until the 20th of the month
LAND DEPARTMENT.
Under grants from the State of Texas and from other sources,
your company has acquired title to lands as follows
:
Acres.
certificates of 610 acres each, acauirod by the
coustruction of 404 967-3,280 miles of railway aud bidiugs,
under au act of tbeTesas Legi.slatuie, pa.ssed May 2, 1873 .5,173,302
To 286 certlflcatcs of 610 acres each, acquired by purchase,
with other projierty of the Southern Pacitic Railroad Co
183,040
To 21112 certiticatcs of 640 acres each, acquired by purchase,
135,360
under au order of sale by the United States Circuit Coui't
To 8,083 25-38
Total, 8,580 69-88 certificates, or
5,491,702
Leas 1.000 ceitiflcates transferred to the Fidelity Insurance,
Tnist & Safe Deposit Company of Philadelphia, in trust
640,000
Total
number
of acres
:
Countij.
Acres.
County.
Bowie.
Red River
Lam.ar
Fauuiu
22,038
6,456
Raius
Parker
Palo Pinto
Jack
Clay
450
89
Collin
Van
Zaiidt
Stephens
Callahan
E.astland
Dimmit
Edwards
Crockett
Hall
Briscoe
Floyd
Motley
Childress
Nolan
Acres.
2,452
9,892
2,338
1,230
14,080
1,920
13,320
2,040
6,460
23.674
6,260
107,083
5,106
1,965
218,781
170,889
5.349 Cooke
3,217 Wilbarger
3,770 Baylor
1,710 Brown
18.628 Fisher
73,703 Stonewall
5,160 Mitchell
1,180 Scurry
Tarrant
Commanche
LINES.
795
Deuton
Wise
Taylor
Jones
NEW CONNECTING
4.851,702
Insurance, Tuust & Safe Deposit Company in trust will, it is
believed, be reconveyed to this company, on a final adjustment
of accounts under the terms of the trust.
The following is a list of unsold lands and the counties in
which they are located
Under the plan of reorganization adopte4,in 1875, $10,093,000
first mortgage construction bonds of your company, part of an
authorized issue of $40,000 per mile, with about $850,000 of
accrued interest, have been called in, canceled and destroyed,
and the mortgage satisfied of record. Also, $9,056,000 of" the
land grant bonds, with accrued interest coupons exceeding a
million of dollars face value, have been bought in, and are now
on deposit with the trustees of the new income and land grant
mortgage, leaving but $196,000 of that issue outstanding.
The debt to the State of Texas has also been reduced $19,208,
and $935,257 of old floating debt and bills payable of the company, antedating June, 1875, have been paid off and satisfied.
It is proper to state, in this connection, that every dollar of
original indebtedness of the California & Texas Railway Construction Company, aggregating $9,710,523, has been paid off
by that company iu full, or is provided for. The suspension,
Nov. 4, 1873, of this construction company, that had undertaken
to build your road through to the Pacific Ocean, and to negotiate the securities to be received from your company, was the
occasion of embarrassment that made necessary the reorganizatipn scheme of 1875; and it is a matter for congratulation that
this reorganization has been perfected under the supervision of
your own board of directors, without any waste of property
from forced .«ales or litigation, and without any increased
expenditures beyond the ordinary charges and expenses of
maintaining the general ofliees of the company,
During the past year the property of the Dallas & Wichita
Company has been sold out under foreclosure proceedings. The projected line of this company, commencing at
an intersection with your road at Dallas, extends northwestwardly to the town of Denton and beyond. About 20 miles of
road from Dallas was completed by the old company, but the
equipment necessary to operate it has been furnished by the
Texas & Pacific Company. By the sale this property has been
relieved from embarrassing liens, and is now in the hands of
strong parties, who will at once puf the old line in good condition and complete the road to the town of Denton, about
40
miles from Dallas. In view of this extension contracts have
been made for completing an extension of your north line from
Sherman, via Whitesboio, to Denton, so that before the close
owned by the company
About 80,000 acres of the lands now held by the Fidelity
following.
Railroad
XXXl
laya River bridge. It is expected that this road will be completed, so as to give your company an all-rail connection from
Shreveport, via Alexandria, to Baton Rouge, on the Mississippi
River, and to New Orleans, within the next 15 or 18 montns.
The completion of this New Orleans Pacific Railway will not
only furnish to your lines a good connection to the Jlississippi
River and to New Orleans, but will make, via your road and the
Missouri Kansas & Texas and Missouri Pacific lines, the shortest all-rail connection between Kansas City and points west from
there and New Orleans, and it ia believed that a very large
through business will pass over this line, in both directions,
between the two sections of country.
By an arrangement with the parties who have undertaken
the construction of the New Orleans Pacific Road, stockholders
of the Texas & Pacific Railway Company, and in the companies
forming one of its connecting lines, the Missouri Kansas &
Texas and the Missouri Pacific Railway Companies, or their
assigns, have the option to subscribe for $2,000,')00 of bonds
and $1,000,000 of capital stock, offered by the Construction Syndicate, to be paid for at the rate of $900 in cash for a $1,000 6
per cent gold bond, and $500 par value of the capital stock of
that company.
.'
Tile special loans and bills payable have been paid in full,
and accoiiuts pavable ana cuiTent balances have been reduced to
Vol.
37,229 Kent
12,762 Howard
53,120 Borden
10,500 Martin
5,500 Dawson
60.982 Andrews
38,847 Tom Green
3,440 Pecos
26,011 Presidio
26,880 El Paso
59,103
200,832
106,336
42,693
I
;....
1,116,852
553,150
342,848
1,309,811
4,736.994
Total
Acres.
number
of acres unsold
Lands sold prior to Juue 1, 1830
Uulocated certificates and balances iu
Total
M.ake a total of
4,736,994
9.1,8
Texas State Land
Office
10
18,868
4,851,702
Of the unsold lands, 33,990 acres, mostly timber lands, are on
or near the company's completed lines, in the counties of
Bowie, Red River, Rains and Van Zandt.
Between Fort Worth and the one hundredth meridian, a distance of about 175 miles, 180,973 acres are located, and as this
portion of the road will be completed by March next there is
every reason to believe that these lands will be rapidly taken up
by
settlers at fair prices.
line of
From the east
Howard County, a
Callahan County to the centre of
distance of 1.50 miles, j'our company has
532,345 acres of as fine agricultural lands as can be found in the
State; and as your road will be constructed through those
counties within the next twelve months, a large immigration
will naturally be drawn into this section to settle along your
line of road, where the soil and climate combined offer greater
inducements to settlers than in the more southern portions of
the State.
During the year 65,226 15-100 acres of land have been sold at
an average price of $1 76 per acre. This low average was
because most of the lands sold were situated in western counties, remote from transportation facilities, having been taken
up in anticipation of the completion of your road, and of the
flood of immigration that will naturally now into that section
of the State when your road shall be completed.
All expenses necessary in perfecting the company's title to
its lands have now been made, except the patent fees for a portion of those last surveyed west of the Pecos River, the field
of the current calendar year it is believed that this throuo-h
notes for which have all been filed in the State Land Office, and
°
connection between Dallas and Sherman will be made.
the patents are ready for delivery whenever the company shall
The New Orieans Pacific Railway Company, owners of a pro- call for them.
_
,
jected line from Shreveport to New Orieans, of which
about
The original charter under which your company was organ165 miles are already graded, have recently contracted with
ized authorized the construction of a railway and telegraph line
responsible parties for the completion of their road, and work
between the eastern boundary of Texas and the Bay of Pan
w Ube commenced at once at Shreveport and at the Atcbafa- Diego,
in the State of California. Section 9 of the act makes
August
THE (milONICLE.
14, 1880.]
an absolute grant of land in the following language: "That
for the purpose of aiding in the construction of the railroad
and telegraph line herein provided for, there in hereby
granted to the said Texas & Pacific Railroad Company, its successors and assigns, every alternate section of public land, &c."
There is nothing in the act or in any supplementary legislation making this grant conditional or subject to forfeiture, nor
is there any reservation of the right to alter, amend or repeal
the act. There are conditions subsequent in section 5 of an
act amendatory, approved May 2, 1872— requiring the completion of the whole line from "the eastern boundary of the State
of Texas to the Bay of San Diego, in the State of California, as
aforesaid, within ten years after the passage of this act, * * »
and upon failure to so complete it, Congress may adopt such
mea-iures as it may deem necessary ana proper to secure its
speedy completion."
The best legal opinion as to the rights of your company is
that the grant of land to your company is absolute, and that
title to the lands vested by this g_rant is not liable to forfeiture
in any contingency; that the lanas cannot revert to the national
domain without abandonment by or consent of the company;
that any claim to take back lands must be based on unequivocal
words of reservation that do not appear in the act; that the
—
penalty for a breach of the conditions as to the time for the
completion of the road is not forfeiture, but that " Congress
may adopt such measures as it may deem necessary and proper
to secure its speedy completion."
179
determination to each organize a company and make an effoct
to get control of the road."
—At a meeting of the Trustees of the Cincinnati ffcuthem
Secretary Tatum submitted the subjoined tables, together witli
a report, in which he states " The gross eamlnga show an
increase of $193,071, or 1585 per cent ; the operating expenses
an increase of $80,.')88, or 187-6 per cent ; the net earnings an
increase of $112,483, or 142-7 per cent ; the interest on the
company's capital an increase of $15,142, and the trustees'
share of the earnings an increase of $y7,:t40, or 127-3 per cent.
The comparison with 1879 does not seem to be a very fair one,
considering the undeveloped condition of the company's business last year, but the figures are given here as reported, viz.:
:
Quarter ending
Eanimgs—
June
PiMseni^r
FrelBht
Express
Mall
Telegraph
Mlscollaoeous
Total earnings
Operating Expenses—
Cou(luctiii« transiwrtation
Motive power
Maiuteuancc of cars
Maiutenaiicc of way
General expenses
Total expenses
Net earnings
aQNERAL INVESTMENT NEW3.
Interest to
company
30, 1880.
$40,143
73,018
$314,300
$121,788
$51,024
43,099
8,110
255
18,048
$16,709
$123,538
$19i,322
$42,940
$78,838
2,357
17,499
—
Quarter ending
June 30, 1879.
$87,026
207,174
8,633
7,070
25
3,803
l.SS.'S
3,521
085
2,600
14,755
2,036
192
0,256
Trustees' sliare
$173,822
$76,481
Cairo & Vlncennes. A Chicago Tribune despatch of Aug.
10 from Springfield, 111., says: "The C. & V. Railroad ComGrayville & Mattoon. The United States Circuit Court »•;
pany is about to get out of the courts and the hands of the Springfield, 111., has confirmed the sale of this road under for Receivers. To-day all of the innumerable intervening petitions closure to C. R. Cummings and others. The purchase was ia
in the case of Winslow against the company were disposed of, the interest of the Peoria Decatur & Evansville Company.
a number being dismissed. The Receivers were directed to pay
Hannibal & St. Jo.--The following statement shows the
the judgment of $900 in favor of J. W. Drexel, and to borrow
money to pay the judgments of Green B. Raum and James business of the road for the six months ending June 30, 1880
Mitchell, about $18,000, and $65,000 to J. S. Morgan & Co.. New those for June being partly estimated:
EA.BKIKGS.
York. The Receivers, J. W. Drexel and C. E. Tracey, filed a
petition asking to be discharged, in which they show that a Passengers
;
$278,655
718,760
plan for reorganization has been agreed upon, the new company t'rcigUt
Mails
23,635
to issue §3,500,000 of bonds and $1,700,000 of preferred stock, Express
14,570
and provide for the Receivers' indebtedness. An order was Miscellaneous
96,298
accordingly entered discharging the Receivers, approving the
Total
$1,131,917
plan of reorganization, and directing them to deliver the propAdd for official earnings for June
15.500
erty to the new company."
Total
$1,147,417
Chicago Burlington & Quincy. The following is an official
$635,660
statement of the earnings of this road for June and for six Expenses (5615 per cent)
Interest on bonded debt
327.320
year:
—
—
months of the
-Jtme.
1880
1879
Increase.
June
Xel
Earnings.
Jan. I
Gross
Earnings.
$l,434,.il5
1,160,9()7
*i72.i,178
$8,148,7(J3
549,010
6,510,238
Ncl
Earninqs.
$4,041,311
2,880,872
$273,547
$176,138
$1,633,525
$1,160,471
Oralis
Earnings.
to
30.
$962,980
$184,437
43,022
,
It is Stated that the above does not include the earnings of
the Burlington & Missouri River (in Nebraska) Division, recently consolidated with the Chicago Burlington & Quincy, which,
it is said, shows an increase of $300,000 in net earnings.
This company has completed an extension of its Mt. Avr
branch to Redding, la., 12 miles southwest from the late terminus at Mt. Ayr and 84 miles from the main line at Chari-
—
Net income
luterest received
and other revenue
Not revenue (4-48 per cent on preferred stock)
Deduct 3 per cent dividend
The common stock of
said
152,490
$74,969
Surplus
Louisiana Western.
$227, 459
this
road
—The
is
New
$9,168,700.
Orleans Picayune, July 27,
:
"Mr. Pandely stated that the managers of the Louisiana Western Road, from Vermillion to Orange, give assurance that this
line will be completed by the 1st of September.
As is well
ton.
known, there is a gap of a few miles only to be completed, when
Cincinnati Saiidusliy & Cleveland.—The Boston Transcript the road will be continuous from this city to Houston, the
of August 11 reports: "Cincinnati Sandusky & Cleveland Rail- Morgan road extension having been open for traffic and travel
road stock declined from 15^4 yesterday to 14%. This is a half for several weeks from Morgan City to Vemiillionville, a disstock, and 15, it should be remembered, equals 30 per cent of tance of sixty-four miles.
par, or $30 as stocks are ordinarily sold. Representatives of
company and of the C. C. C. & I. Company met in Saratoga
yesterday to discuss the lease question. The latter offered to
lease the Sandusky road, guaranteeing 1 per cent dividends
upon the stock. As the stock is earning about 2 per cent, this
was declined. If 3 per cent were oflfered, it would probably be
accepted but the probabilities are in favor of a lease upon a
sliding-scale guarantee."
this
;
Cincinnati Sonthern.— The Lauismlle-Courier Journal reports that " the trustees of the Cincinnati Southern road have
determined to lease the road to some company for a long term
of years. Mr. Ferguson, one of the trustees, is at this time
engaged in drafting a form of lease for this purpose. As soon
as completed, which will be in October, the Board of Trustees
will make its features and requirements known, and upon that
basis invite bids. As bidders will not be restricted to home companies, sharp competition may be expected.
The present
licensees will make a liberal bid, for they, more than any one
else, know the present and prospective value of the property.
The Erlanger syndicate will perhaps be more anxious to get the
road than any other bidders, for it is a part of their plans in
their efforts to establish and control a line between Cincinnati
and New Orleans. They own the Alabama & Great Southern,
and will this fall commence the construction of the New Orleans
& Northeastern to connect with the A. & G. S. at Meridian.
They will need the Cincinnati Southern. Without it their
northern terminal will be Chattanooga. Mr. Devereux, it is
^'" ^'''"^^^ capitalists who are already interested in the C.
S'^»'
H. & D. and C. C. C. & I. roads to join him'in forming a company, and bid for the road, which, if secured, will give them a
line from the lakes to the heart of the Southern country.
Two
prominent Cincinnatians are mentioned as having expressed a
" A contract has been entered into bj' the Morgan Company
for the completion of the road from Vermillionvule to Opelousas, a distance of 21 miles, by the 1st of September.
Of these
21 miles, 12 are already finished and the grading for the remaining 9 miles is completed, thus making a favorable showing for
fulfillment of the contract within the time specified.
" The Morgan Company has furthermore perfected all arrangements for the immediate extension of their road from Opelousas
to a point two miles beyond Alexandria on the Rea River.
According to a contract between Mr. Chas. A. Whitney, President of the Morgan Company, and Mr. Chester Griswold, VicePresident of the Albany & Rensselaer Iron and Steel Company, this latter is to deliver to the former 6,000 tons of
Bessemer steel rails during the months of September, October,
November and December, 1880, and January, 1881, together
with all the fastenings necessary for the construction of the
railroad from Opelousas to Alexandria."
A
New Orleans Pacific.- circular has been issued inviting
special subscriptions for $2,000,000 of the first mortgage bonds
of the New Orleans Pacific Railway Company, to aid in its construction from Shreveport to New Orleans— about 325 miles.
I
The bonds are secured by a mortgage on road bed, equipment
and franchises, and are limited to $20,000 per mile. They bear
six per cent interest, and for every $900 allotted and paid, each
applicant will receive $500 in the stock of the company. Ten
per cent will be required on notice of allotment, and the Improvement Company can call the remainder at intervals of
thirty days, but not more than 10 per cent at a time. A controlling interest has been obtained in the road by the presidents
of the Missouri Pacific, Missouri Kansas & Jeias and "I'exas
Pacific railroads, to whose stockholders these bonds only will be
allotted.
THE CHRONICLE,
160
Friday Night. Aug.
Friday, P. M.. August
The Movement of the Crop,
from the South to-night,
13. 1880.
this
General trade has been fair for the season. In fact, no
serious complaints a;re heard. The weather being cooler, has
stimulated business somewhat. The export in wheat has been
checked by dull foreign advices and by the occupation of
shippers with their previous large purchases. Early in the
week there were some
slight flurries in the
TT O N.
O O
gixe ^ommtxciixl %i\nzs.
COMMERCIAL EPITOME.
evening (&ug.
bales last week,
and 13,148 bales three weeks
receipts since the 1st of
since
There have been material advances in pork and bacon, and a
brisk speculation for the rise in lard, which was relatively lower
than other products of the swine. To-day there was much
speculative excitement in the pork market, new mess advancing
to $15 on the spot, and selling at $15 35 for September,
$15 45 for October, and $12 75 for all the year. Bacon, without
much business, has been marked up from day to day, and
closes with long clear quoted at 8%@8Mc. and half-and-half at
9c. Cut meats were also dearer, but irregular pickled bellies
Lard has
of medium weights quoted at about 8^@8?4c.
steadily advanced, and to-day sold to a fair extent at 8c. for
prime Western on the spot, 7"97^c. for September, 8'05c. for
October aud 7 •75c. for all the year. Refined for the Continent
quoted at 8-40c. Butter has not been active, but some prime
grades close rather firmer. Cheese has been dull much prime
stock is going to store because it will not bring 12c., and sales
are reported at llM@ll^c. down. Tallow has been quiet at
6>6@6%c. The following is a comparative summary of aggregate
exports from November 1 to August 7
September
8,691
making the
since,
of 1878-9,
total
showing an increase
The
1879, of 465,012 bales.
1,
reached
10,839 bales the previous
September, 1879, 4,908,575 bales, against
same period
4,443,563 bales for the
money market.
For the week ending
given below.
is
13, 1880.
as indicated by our telegrams^
the total receipts have
13),
bales, against 8,983
week
XXXI.
[Vol.
details of th»
each day of this week (as per telegraph) are as
receipts for
follows:
Eeceipts at
—
New
107
. .
5
246
Tucs.
Thurs.
TFcrf.
93
Brunswick, &c.
Galveston
131
Indianola, &c...
Tennessee, &c..
652
193
22
151
10
151
49
75
216
84
594
103
40
63
37
421
814
297
740
37
1,513
42
149
21
566
21
284
1,094
12
3,545
57.
255
250
1,004
Florida..-.
;
....
Norfolli:
252
City Point, &c..
....
week
1,526
Totals this
Total.
30
99
123
i
Wilmington ....
Moreh'dClty,&c
Fri.
323
82
82
....
Savannah
;
Hon.
Sat.
Orleaue
Mobile
Charleston
Port Koyal, &c.
12
58-
13
38
226
34
65
257
52
202
1.298
1,444
1,354
827
2,242
88S-
202
8,091
:
1879-80.
56,964.800
648,100,929
313,398,897
1878-79.
Increase.
59,401,800
641,539,130
274,736,883
6,567,799
38,662,014
Tot.al....lbs.l,018,470,626
974,677,813
47,229,813
Pork
Bacou
Lard
lbs.
lbs.
11)8.
1,437,000
Stock August
1,
1880
Bales siuce August
1,
1880..
1880
Stock Auaust 11, 1880
Stock August 13. 1879
1,
niiils.
Bares.
129,193
13,111
15,600
126,744
92,428
10,074
615
015
10.074
29,376
we
continue our usual table showing this
week's total receipts and the totals for the corresponding weeks
of the four previous years
:
1,437,000
Groceries have again found a steady and pretty full outlet,
with values well sustained as a rule, and in some cases higher.
Eio coffee in particular has been on the upward turn, with
15^c. reached on fair cargoes, an advance of %o., and the market closing firm. Mild grades have sold well, and, with reduced
stocks, are much firmer in tone at 19@23%c. for Java, and 14@
18c. for Maracaibo. Bice sold close to supply, and was firm at
6%@7%c. for Carolina, and 5%@6c. for Rangoon. Molasses
more active and firm, with fully 50-te8t worth 37c., and few
Sarcels offering. Raw sugars not quite so active, and no tenency to buoyancy shown, but stocks held at about former cost.
closing at 7/i@7%c. for fair to good refining Cuba, and 8M@
8Mc. for Centrifugal. Refined grades in uniform demand and
steady at 9M@9%c. for standard "A," and 10>^@10?4c. for
hard. The movement in raws has been as follows:
Kecelpts since August
For comparison,
Decrease.
Bans.
941,516
33,168
45,546
929,138
682,630
Receipts
tJiis
w'k at-
I
Melado.
6,510
1879.
1880.
1877.
1878.
614
297
740
249
20
16
578
212
269
Bavannah
1,513
Galveston
566
81
2.086
21
3,582
195
591
551
981
3
(few Orleans
Mobile
Charleston
Port Royal, &c
'47
&o
Tennessee, &o
Indianola,
942
1,337
259
2,545
7,390
1
North Carolina
58
15
421
886
202
204
344
5
271
94
279
29
8,691
3,462
4,657
1,733
aty
Point,
Total this
&c
week
...
219
276
290
614
571
1,242
6
Florida
Norfolk
1876.
352
104
273
53
159
178
1
211
8
31
Total since Sept. 1 4,908,575 4,443,563 4,267,816 3,962,663 4,099,984
330
126
6,720
4,614
The exports
for the
week ending
this evening reach a total of'
which 13,483 were
to Great Britain, 6,107 to
a strong undertone to the market for Kentucky
305 to rest of the Continent, while the stocks as
aud
France
tobacco, and some speculative feeling growing out of unfavorBelow are thft
able crop reports. An official report from Nashville says that made up this evening are now 151,939 bales.
it is expected that Tennessee will not yield more than half a
for the week and stocks to-night, and a comparison witk
exports
crop. The market has been more active this week, the sales
embracing 1,000 hhds. for export and 250 for home consump- the corresponding period of last season.
Prices were strong, but without
tion, a total of 1,250 hhds.
STOCK.
EXPORTED TO—
Wcelc
quotable advance, lugs, 4@5%c., and leaf 6@12^c. Seed leaf
Total
Same
this
Week.
more active at firm prices. Sales for the week, 1,155 cases, as ending
ContiGreat
WeeJi.
1880.
1879.
1879.
follows: 500 cases 1879 crop. New England, 10^@24c.; 400 Aitg. 13. Britain. France. nent.
cases 1878 crop. New England, 7@14c.; 100 cases 1878 crop,
33,276
1,028
4,102
102
4,000
Ohio, lie; 75 cases 1879 crop. Pennsylvania, 9@15c.; 80 cases N. Orl'us
3,231
845
1878 crop, Pennsylvania, 14@16c. Also, of Spanish tobacco, 700 Mobile..
There
bales
19,795 bales, of
is
Havana at*82c.@$l
1,509,
Charl't'n
10.
Naval
stores are in such light stock that they are generally
firmer. Spirits turpentine quoted at 31@31/^c., and rosins
$1 45@S1 50 for common to good strained, but trade is very
slow. Petroleum advanced early in the week to 9/ic. for refined, in shipping order, but shippers having retired, prices
gave way and the close was to-day nominal at 8%c. Crude
certificates have also declined, closing at 86%c. per bbl.
Hops
Lave declined ; a few bales of new have sold at 25@35c., and
the range for old is from 15 to 30c. Pig iron has further advanced, with Glengarnock quoted at $25, and No. 2 American
at $28.
Ingot copper quieter at 19^@19")^c. Lead has been
active at 4>i@4Jic. for common and refined. Wool firm and
more active.
Savan'h.
Galv't'n-
....
....
N. York.
8,625
2,107
103
....
....
NorfolkOther*..
4.838
10,835
4,794
4,958
218
4,984
2,473
81,636
3,380
19,500
85
1,434
5,533
78,076
1,124
13,000
Tot. this
week..
13,483
205
6,107
19,795
5,012 131,939 101,125
rot.8lnoe
Sept. 1.. 2587,421 390,284 854,492 3832,197 3102,309
...-••_
e.xports this week under tlie head of "other uorts" Include, from Balmoro, 2.050 bales to Liverpool from Boston, 1,7U3 biiles to Liverpool, ana
Irom PhildeaipUia, 1,016 bales to Liverpool.
•The
;
From the foregoing statement it will be seen that, compared
Ocean freights have been comparatively dull and berth rates
lave declined. Vessels for charter, not being plenty, have with the corresponding week of last season, there is an inereaie
maintained their position better. The busine.ss of to-day emthe stocks to-night
braced For Liverpool, by steam, grain, 7/6d. asked 2,000 in the exports this week of 14,783 bales, while
pkgs. butter, in refrigerators, at £5 per ton. For London, by are .50,864 bales more than they were at this time a year ago.
steam, Ifi.OOO bush, grain, at 6%d.
For Glasgow, steam, 7%d.
In addition to above exports, our telegrams to-night also giveasked. For Cork and orders, sailing ships with grain at 6s@
as the following amounts of cotton on shipboard, not cleared, at
6s. 3d. per quarter.
New York to Bergen, Norway, 2,500 bbls.
similar figures for New Tork,
:
petroleum at
;
5s.
quarters grain, at
va.
l/^d.
From Baltimore
to Continent, 5,600
5s. 91.
Ve.ssels to arrive
have been chartered
large numbers to load grain for Europe.
We add also
which are prepared for our special use by Messrs. Carey, Yale it
Lambert, 60 Beaver street
the ports named.
August
14, 1880.
THE CHIIONICLE.
J
On Shipboard,
not cleared—for
Q55(ap?
Leaving
Aug. 13, AT—
Oreat
Britain.
RewOrleaos
France.
None.
Mobile
None
C'U<trle8ton
None.
None.
620
Savannah
OalveHtou
New York
Otber ports
CoastwisG.
Other
Foreign
2.
40
None.
Nouo.
None.
None.
None.
4.105
None.
None.
None.
None.
None.
150
200
None.
Not rcc olved..
None.
None.
None.
i',506
Q'^spf
Slock
Total.
4.145
None.
30.8.T1
3.3:11
150
200
620
1.359
4.781
1,853
"i',500
2i',3¥6
6915
63 433
y
s *
*
181
£.2 2 2
*
S
"'ft
D
av •
5
*
S-*
a.
5S-
co
§:
n
9
Hi
2.:
s.:
Tot»l
followinfr is our usual table showine the movemem of
the ports from Sept. 1 to Aug. 6. the latest mail dates:
The
«otton
unol
None.
4,105
t
EXPORTED SINCE
RECEIPTS SINCE
BEIT.
Ports.
1.
K.Orlns 1484,887
Uobile. 353,779
Char'n* 484,131
flav'h.. 727,916
Oalv.*
473,345
K.York 215,662
Florida
20,144
K. Car. 103.467
Korrk* 733,391
Other.. 301,162
SEPT. 1
Total.
France., pai-ciijn
1173.378 904,807 266,5011255,989 1427.297 39.361
362.174
4,175
81.189 10,143j 17,355 111,687
514.551 151,040 20,625 170,109 344,771
1.929
4,298
705.966 185,152 18,950 219,990 424,092
2,373
565.7S8 221,905 23,831 49,679 295.415
147,661 482,090 41,471 93,651 617,215 91,153
56.436
35,187
135,151
23,863
1,177 10,447
775
8.912 258,203
559.827 245,904
1,479
5,167
28,152 300,140 21.750
219,169 £71,988
I
coo
I
The highest
prices of the
first
I
OO
NEW ORLEANS.
lis
OO
oo
CiCl
«c
CO
83,5
silie
911,8
911i,
Btr. G'd Ord
103j8
Low Mldd'ii 101* lOloie
«tr.L'wMid:il5i8 11°1«
aciddllug.
lis-i, Il9l6
Good Mid 12118 12:i6
Btr. G'd Mid 125i6 12»18
Midd-g Fair 1213„ 12i3i«
Fair
U37i6 13-1^
83,5
8iii,
01 C<
.
115,8
119,6
121,6
120,8
1213,8
137,6
U'l6 '1^18 ll'je
HI, 1111111,6 11"16
123,6 123,8 123,6
127,6 127 in 127,
1215,6 121o,6 1215
138,6
"Ki 1139
vred Th. Fri.
1
Ordln'y.^llb
«trictOrd.
Good Ord..
GM Ord
•Btr.
Low Midd'K
Btr.L'w Mid
Middling...
Good Mid..
Btr. G'd Mid
Hldd'g Fair
Fair
83,8"
811,6
83,6
811,6'
Si!,(
9li,(
83,,
Good Ordinary
y
713,61
811,6l
lb,
.
Middling
;:: 103^'
a- 18
10^
MARKET AND
POT MARKET
CLOSED.
Bat
161
Men
Wed
»iie«
.
Ciiiiet
Dull and easier.
100
.
-Dull
Thurs Steady
Fri.
Steady
.
Total
!
139,8
214
395
480
849
287
48
870, 3,526]
3351
00
00
C»CI
CM
Sir
e.'o
I
CCq
660
00
OOo
C'6o
ccio
-^1
-1
MtO
Si
OOo
66c
ceo
COo
-i-jo
CI 01
*.lxC
tip
to
0:10
"I
il§
o
•I
I
SI
1
s>
>-'.-'
CO
OCo
OOo
C060
OC
tecO
I
S)
CO
OCX
XX
I
l§g
—
OCo
•-
M-lO
S)
o
»!
00
ux
I
-I
&!
l^^jlO
CICI
CO
COo
OCo
I
OOo
CO
®
CO
cog
W
9 c
to CI
C'Ct
OCo
660
I
:
I
139,6
0060
I
I
ClO
So'
too
I
I®:
Frl.
83,8
83,6
83,6
813,8 813,8 813,6
913,8 913,6 913,8 9'3,e
100,8 105,8 103,6 105,6
ll'l8 ll'lS Il'l8 ll'l6
117,6 ll'l8 117
i'lu ll'ie
ll"lf lllt,6 111,0 IH'is
123,6 123,8 123,6 1'23,8
127,8 1127,8 1127'18 127,6
1210,6 1216i„!121i^161216,
130,8 139,6 139i8 139,8
Wed
Th.
Frl.
713,6 713,6 713^ 713,6
811,6 811,6 811,6 8II18
9o,e
9^16
9-'18
i)5,8
1038
1038
1038
1038
Sales.
327 10,600
567 34,500
192 32,500
480 32.800
1,372,
O'O'C
I
-j-j
I
139,6
BALES.
J66
467
192
w^O
=
l^CiO
121l>,6'l21o,6!l215,,
SALES OP SPOT AND TRANSIT.
Con- Spec TranTotal.
jiort. sump. m'fn
sit.
Dull
. .
I
S5§
CO
123,6 1123,6 ,123,6°
127,6 127,6 127,8
CO
Too
®co
I
TO
oc
i;
I
1
I
I
I
I
813,,,
raonlTaea
Middling.
CO
I^U"C
I
:
>
to
©M
COo
*
°l
an
©
I
col
CiCiO
CM
CO
<QO
.(^
00
66
ll"i6
OCI
Cirfl
CI
83l8
!
Sat.
117
*.C.O
I
1111,81111,61111,8
Frl. ured Til.
813,8 813,8
913,8 ,9Pl8
9"l6 9"l6
103j6 103,8 103 16 100,8 10o,6
10iS,6 1015,6 1015
llha ll'is
ll»16 115,6 115,8 ll-'lB Il"l8
11«1« 119,6 ill9,6 1111,6 11U,8
121,8 121,6 |121,6 123,6 123,6
12=18 1'25|8 125,8 12''j6 127j6
1213,8 1213,8 1213,6 1210,6 I2I01,
137 18 H37|8 137,6 Il3tfi« 139i8
Good Ordinary
Low
Wed Tb.
~i^8
83,8
STAINED.
"Strict
1
117l6
OOo
§
OO
fir
M'-rf*.
OCo
6) to
>
00
CTClO
S)Si:
yiyiO
C»CI
Ml-* CO
ODO
COo
Taen
10l!>lP,
103l8
I
CX)<1
660
®cog
OCo
dmo
o
CIO
CIX
83,6
83,8
83,9
83,8
83,,
83,c
813,6 813,6 813,6 813,6 813,6 813,
913,8 913,6 913,8 913,6 913,8 913,
10»,8 105,6 10»,6 100,6 105,6 105,e
ll'ie lUlS lUie ll'ie ll'ie IHie
S3l8
811l6
9II16
oo
•JSS
CiCt
I
ob«
aoo
oo
COo
<i--,o
Ordln'y.^Ib
Strict Ord..
Good Ord..
<1^
e
I
CO
00
OOc
cr
I
CI j.
-.100
61 10
COo
o
tow
©01
ill
CO
CO
em
OCo
©."
I
I
OO
o'nj?
c,6o
8w
oS§
I
:*Ioii.
oo
dojO
I
TEXAS.
inon Toea Sat.
Sat.
CO
da
OIUI
OCo
:co
<S.'^
I
middling uplands closing at 11 9-16c.
The total sales for forward delivery for the week are 184,100
bales, including
free on board.
For immediate delivery the
total sales foot up this week 4,731 bales,
includinsf 870
for
export, 'd,^ifS for consumption, i!3) for speculation, and
in
transit.
Of the above,
bales were to arrive.
The following are the official quotations and sales for each day of
•the past week:
to
C0CD
I
OOo
oo60
COo ,OCc
were paid about noon on Monday.
Tuesday was quite debut there was some improvement on Wednesday and
Thursday. To-day the market varied slightly, closing strong fiir
August and September, but lower for the later months. Cotton
•on the spot was steady, with a small business from day to day
for export and consumption.
To-day the market was quiet,
Atig. 13.
oo
OCXm
©05
9?o
coccO
pressed,
UPLANDS.
Sat. mou Tues
oo
ocob
oo-lw
week
half of the
oo
ccoi)
The speculation in futures has been quite slow.and the chang es
in prices have been unimportant. Still, the tendency since Saturday last has been towards stronger prices. The weatlier reports
from the South have not been favorable to the growing crop,
causing whatever of strength there may at any time have been
Aug. 7
OO
oo
Iiast year.
11440,101 2061,012 414,077 919.178 3397,297|101.573
* Under the heiil of C/Ktrtevcoii is Included Port Royal, Ac; under ihe head of
SalVMton is included Indianola. &c.; under the head of Norfolk Is Included Cltv
Faint. Ac.
exhibited.
i^
...I2373.933 381.177 851.287 3812.102, 170.983
This jr. 4899.884
^5.
Stock.
Oreat
Britain.
1878.
1879.
•
B
at all
IS
1,350
1,815
Deliveries.
23,800
44,900
500
800
800
500
200
400
184,100
3.200
;i'en above are aotUitUy deUvered the day pre
-J^n2f'i''Vil^f'''''''T',''1
Tioug
to tuat ou which they are reuorted.
The Sales and Pricks ov Futdres are shown by tlie following comprehensive table. lii this statement will be founa the
^ily market, the prices of sales for each nnnth each day, and
«he closing bids, in addition to the daily and total sales
•
00
CO
o", o't
Old
coo
9to
CO
ox
oc
cirf^
T
I
805
I
rOT
sic.
l-f-o
K'l-'X
>r>fc.
rf^CO
<-*-o
XOO
*
i^MO
This total also includes sales inBales.
B.iles.
;5y,600
Sept-March, for March. 3,730,20©
..,.,-."
1,489,100 Sept.-April. for April
2,875,400
Sept -Nov., for Nov
1,002,000 Sept.-Miiy, for May
3,473,700
3.3 ">0,30O
8e,pt.-Dec., for Deo
1,088,100 Seiit.-Juiie. for June
8ej)t.-Jan., for Jan
3.686.400 Sept. -July for July
2,289,000
8ept.-Feb.. for Vati
2,437,000
11-50:
11-45;
Monday,
Saturday,
TuesdAT',
"Transferable Orders
11-45; Wednesday, ll-.-iO; Thursday, 11-50 Friday, 1150.
11-47.
Thursday,
Short Notice for August—
The following exchange has been made during the week:
•54 pd. to cxch. 300 Sept. for Aug.
The Visible Supply of Cotton, as made up by cable and
The Continental stocks are the Ggurea
telegraph, is as follows.
of last Saturday, but the totals for Great Britain ar.d the afloat
for the Continent are this week's returns, and consequently
brought down to Thursday evening; hence, to make the totals
the complete figures for to-night (Aug. 18), we add the item of
exports from the United States, including in it the exports of
Sept., 1879, forSept
Sept -Oct.. for Oct
.
.
.
Friday only.
Btocftat Liverpool
Stock at London
bales
....
Total Great Britain stock
BtockatHavre
Stock at Marseilles
Btock at Barcelona
5j,'200
»69.0O0
52,410
1878.
587.000
14.750
1877.
877,000
33,500
751,200
71.200
8,740
59,100
521.440
106.0 '0
2.100
22,500
601.750
156.2^0
6.000
31,000
9I0.50O
217.250
„6-00O
01,000
1880.
696.000
1879.
THE (CHRONICLE.
182
1879.
3.500
26.500
29,100
1880.
bales
Btook at HamboTft
Stock at Bremen
etook at Ani6ter<lam
Stock at Rotterdam
Stock at Antwerp
Btook at other oonti'Dtal porta.
5.000
38.000
16.100
2,980
981
26,400
400
100
1878.
1S77.
7.250
34.250
45,000
9.000
14.000
71.500
45.500
10.7.50
6.50i>
7.7nO
6,200
17,250
15, 250
228.401
196,400
312,500
449.000
979,601
181,000
93.000
Eifyiit,Bnizil,&c.,afltforE'r'p6
14,000
Stock In United States ports .. 151,989
Stock in U. 8. interior porta..
19,440
United Stf tea exports to-day
717,840
315.000
31.000
2.000
101.125
5.619
914,250
205.000
38,000
16,000
56.310
3.797
1,.S59. 500
,000
1,000
100
Total continental porta
Total European stocks.. ..
India cotton afloat for Europe.
Amer'n cot ton afloat for Eur'pe
1
286.000
59.000
22.000
136.746
10,341
A mcncan —
Uverpool stock
Continental stocks
American afloat for Europe
United States stock
United States interior stocks..
United States exports to-day
Total American
East Indian, Brazil, dc.
laverpool stock
851,429
—
Week
343,000
148,000
31,000
101.125
5,619
1,000
465,000
265,000
33,000
56.310
3,797
563.000
359.000
59,000
136,740
10,311
1,000
100
629,744
829,107 1,128.187
Continental stocks
India afloat for Europe
Egypt, Brazil, &c., afloat
&0
227,000
55,200
110,401
181,000
14,000
126,000
52.440
48,400
315,000
2,000
122,000
14,750
47,500
205,000
16,000
587,601
851,429
543,840
029,744
405,250 745,500
829,107 1,128,187
314,000
33,500
90.000
286.000
22,000
Ittcfipti at the Porte.
Stock at Interior Ports Rec'ptafrom
PUmVn).
eiuliiiQ—
June
"
"
1878.
18T9.
18.220
17,113
12,380
11,231
10.781
6,87«
5,»19
5.287
3,637
3.032
10
3,7S2
2.809
83
30
6
13
4.088
3,611
3.06(«
3,945
8.346
13.019
4.fi57
3.462
6.2881 11.477
4
1!
18
*
25
July 3
"
8
••
Londonstock
Total East India,
Total American
469,000
118,000
93,000
151.989
19,440
XXXL
Receipts proM the Plantations.— The following table is
prepared for the purpose of indicating the actual movement each
week from the plantations. Receipts at the outports are sometimes misleading, as they are made up more largely one year
than another, at the expense of the interior stocks.
We reach,
therefore, a safer conclusion through a comparative statement
like the following.
In reply to frequent inquiries we will add
that these figures, of course, do not include overland receipts or
Southern consumption; they are simply a statement of the
weekly movement from the plantations, of that part of the crop
which finally reaches the market through the outports.
BECEIPTg FROM PLANTATIONS.
Total visible supply
1,439,030 1,173,584 1,234,357 1.873.687
Of tlieanove,tlie totals of American and otburdegorlptions areas follows:
[VoT^
"
"
Aug
"
1880.
1878.
1879.
11.089
6,612
39,025
34.154
29,315
7,188
23.287
fi.293
21,240
19,673
18,033
42.198 143,241
37.570 130,635
32,429 115,038
29,306 06,190
25,223 81.172
22,388 75,103
20,691 71.950
15.494
15.528
66,198
3.272
12,52T{ 14.410
56.662
1.119
2,154
2,503
ll.OOSj 13.966
49,631
2,149
2.059
2,983
1,022
8.463
10,083
10.017
4.9Se
3.612
3,826
41,507
410
35,473
2.549
8.028
1.890
M.657
1880.
1878.
1879.
10,910
7,882
7,509
6,461
6.392
1.471
4.693
4,832
4,381
4.065
2,210
3.845
1.243
;,335
802
1880.
5,SS0
11,063
SS8
The above statement shows
That the total receipts from the plantations since Sept. 1 in
were 4,936,747 bales; in 1878-79 were 4,451,743 bales; in
were 4,357,572 bales.
3. That, although the receipts at the out ports the past week
were 8,691 bales, the actual movement from plantations was
only 2,657 bales, the balance being drawn from stocks at the
interior ports.
Last year the receipts from the plantations for the
same week were 1,890 bales and for 1878 they were 3,549 bales.
1.
—
Total visible supply
1,439,030 1,173,584 1,234,357 1,873,687
Price Mid. Upl.. Liverpool
Oi^iert.
OSsrt.
O'igcI.
69ied.
The above figures indicate an increase in the cotton in sight tonight of 265,446 bales as compared with the same date of 1879,
an increase of 304,673 bales as compared with the corresponding
date of 1878, and a (ieer«ase of 434,057 balesas compared with 1877.
In the preceding visible supply table we have heretofore only
included the interior stocks at the 7 original interior towns.
As we did not have the record of the new interior towns for the
four years, we could not make a comparison in any other way.
That diflSculty no longer exists, and we therefore make the following comparison, which includes the stocks at the 19 towns
given weekly in our table of interior stocks instead of only the
old 7 towns.
shall continue this double statement for a
time but finally shall simply sub.stitute the 19 towns for the 7
towns in the preceding table.
We
AmerUan^
Liverpool stock
Continental stocks
American
bales
afloat to Europe....
United States stock
United States interior stocks..
United States exports to-day
Total American
jsasl Indian, Brazil, die—
Liverpool stock
Londonstock
Continental stocks
India afloat for Europe
Egypt, Brazil, Ac, afloat
Total East India, Ac
TotalAmencan
Total visible supply
1890.
1879.
1878.
469,000
118.000
93,000
151,989
35,473
343,000
148,000
31,000
101,125
11,477
1,000
465,000
265,000
38,000
56,310
807,462
635,602
831,548 1,136,964
227,000
55,200
110,401
181,000
14,000
126,000
52,440
48,400
315,000
2,000
122,000
14,750
47,500
205,000
16,000
587,601
867,462
543,840
635,602
6,238
1,000
"
1877
563 000
359 000
314,000
33 500
9o'oOO
"86000
22!ooO
405,250 745 500
831,548 1,136,964
1,455,063 1,179,44 2 1,236,798 1,882,464
corresponding week of 1879—is set out in detail in the followine
^
Btatement:
Receipts. SJiipm'ls
Augusta, Ga
Columbus, Ga....
'80.
f<tock.
Seima, Ala
Memphis, Tenn..
Nashville, Tenn..
97
37
12
20
40
289
121
472
46
150
1,783
1,403
•1,147
9,193
1,699
Macon, Ga
Montgomery, Ala
141
3,231
2,247
784
498
Week ending Aug.
15, '79.
Receipts. Shipm'ts
Stock.
29
542
367
9
2
270
9
10
50
Total, old pons.
616
4,181
19,410
111
Dallas, Teiatl ...
JeftorHon, Tex.t.
30
5
5
Shrevcport. La
Vicksburg, Miss.)
66
32
7
23
29
18
378
15
90
10
24
.
Columbus,
l\IiBS..
...
Eufaula, Ala.
GritHn, Ga
Atlanta. Ga
5
25
"10
"10
46
510
543
85
4
24
1,399
159
161
57
25
50
286
363
4,004
16,033
444
8.185
35.473
555
2,151
1
t
1,000
821
160
4,4
1
i
the caterpillars have done any c insiderable
damage up to this
time.
Galveston, Texas.
There have been showers at this point on
three days the past week, the rainfall reaching one inch and
thirty-nine hundredths, and the weather is still threatening.
—
State the prospect continues very promising.
Received 334 bales
cotton during the week, making 344 bales to date.
Indianola, Texas. No serious damage has yet been done by caterpillars.
Rain has fallen during the week on three days, to a
depth of two and thirty-seven hundredths inches. The ther-
new
—
to 88, averaging 79.
We have had
an unusually severe storm this week, and we are not yet over
the high-tide and partial overflow; maximum velocity of the
wind seventy-five miles per hour, and lowest barometer 29'86,
but now rising. Much damage is feared along the coast, but
probably no serious damage lias been done in the up-country.
Results uncertain, as the storm is not finislied. Picking has
been interfered with.
Corsicana, Texas. We have had a shower during the week,
the rainfall reaching twelve hundredths of an inch; average thermometer 80, highest 95 and lowest 63. The crop prospect is
mometer has ranged from 70
—
magnificent.
Dallas, Texas.
There has been a shower here with a rainfall
of twenty-five hundredths of an inch during the week.
The
thermometer has averaged 80, the highest being 95 and the lowest 03.
Picking beginning. There is some complaint of the
boll worm and rather too much rain, but generally the probability is that the crop to be gathered will be the best made in
—
thirty years.
—
Texas. We have had showers on three days theweek, the rainfall reaching fifty hundredths of an inch.
Average thermometer 81, highest 93 and lowest 68. Picking is
progressing finely. We are having too much rain. Prospects
are still very fine, bat caterpillars have certainly appeared in
black lands and bottoms, and are doing harm, while in sandy
lands no serious damage has been done.
New Orleans, Louisiana. It has been showery five days of
the past week, with a rainfall of one inch and ninety-three hundredths.
The thermometer has averaged 81.
Skreueport, Louisiana.
The weather during the week has
been dry and fair. The thermometer has averaged 78, the
extreme range having been 66 to 90. The rainfall has reached
sixty-one hundredths of an inch.
The first bale of new cottoa
Brenham,
past
—
10
50
70
1,535
»
5,019
2
Total, all
.
1,250
20
Total, new p'rta
Charlotte, N. C.
St. Louis, Mo
Cincinnati, O
175
1,900
1,009
566
1,309
1,110
Home, Ga
530
275
419
50
7,169
19
105
80
143
332
720
1,311
21
2
Weather Reports et Telegraph.— In general the weather
has been more favorable this week, and yet too much rain has
fallen in a considerable portion of the South.
Dry and hot
weather is just now very much needed to mature the cotton
plant and prevent the spread of caterpillars. We do not think
The thermometer has averaged 80, the highest being 83 and the
59000 lowest 72. Accounts from the interior
are conflicting.
In the
136746
19'll8 coast district caterpillars have appeared, but with limited injury
'lOO as yet, and we are having too much rain; but in the rest of the
These figures indicate an increase in the cotton in sight to-night
of 27?,621 bales as compared with the same date of 1879, an
increase of 218,205 bales as compared with the corresponding date
of 1878. and a decrease of 437,401 bales as' compared with 18 ?7.
At the Interior Ports the movenrent— that is the receipts
and shipments for the week, and stocks to-night, and for the
Week ending Aug. 13,
1879-80
1877-78
—
was received today
887
5,858
2,137
11,477
Mostly for local consumption.
This year's figures estimated.
Estimated.
The above totals show that the old interior stocks have
de
{^easeddarmg the week 3,565 bales, and are to-night :3
821
more than at the same period last yeai. TLe receipts at 'the bales
same
towns have been 505 bales more than the same week last
year
(Friday;.
Vicksburg, Mississippi.
Telegram not received.
Columbus, Mississippi.
are having too much rain. It has
rained during the past week on two days, the rainfall reaching
two inches and thirty-one hundredths. Much injury is being
— We
done by caterpillars and boll worms.
averagel 80, ranging fram 77 to 84.
The thermometer has
Bock, Arkansai.—FridB.y, Wednesday and Thursday of
the past week were clear; the remainder of the week was cloudy,
with| rain on Sunday, Mon fay and Tuesday.
Thermometer:
highest 9G; lowest 62; average 77. Rainfall thirty-seven hundredths of an inch.
Little
August
14,
THE CHRONICLE.
1680.]
Nashmlle, 7«nn««M«.— Rain has fallen during the week on two
days, to a depth of seventy-four hundredths of an inch. The
thermometer has ranged from &<\ to 88, averaging 77.
MemphiK, TennesHee.—We have had rain on five days of the
week, with a rainfall of sixty-four hundredths of an inch. The
thermometer has averaged 77, the highest being 01 and the lowThe weather has been too humid for bottom lands, and
est 63.
much damage has been done in the shedding of forms and luxuriant growth. On uplands the crop is developing finely.
Mobile, Alabama.— It has rained severely one day and has been
showery one day, the rainfall reaching one inch and thirty hundredths, but the balance of tlie week has been pleasant. The
Although caterpillars have
crop is developing promisingly.
done no material injury as yet, they are increasing in numbers
and the weather is favorable for their development. Much
damage is feared. Average thermometer 79, highest 93 and
lowest
70.
—
Montgomery, Alabama. It has rained on four days the past
week, the rainfall reaching sixty hundredths of an inch. We
Average thermometer 78, highest 9 )
are having too much rain.
and lowest 70. Caterpillars in many sections are increasing and
doing considerable damage. Some localities report good prospects and others that rust is developing badly.
tklma, Alabama. We have had rain during the past week on
three days. The weather has been warm, sultry and wet, and
we are having to much rain. Rust is developing badly and
much damage is feared. Caterpillars are reported everywhere
and crop accounts are less favorable.
Madison, Florida. It has rained every day the past week. The
thermometer has averaged 76, the highest bein^ 77 ant the lowest
Much damage has been done. Rust is developing and bolls
75.
are dropping badly, and crop accounts are less favorable. The
damage done by caterpillars is as yet limited.
Macon, Georgia. Kain has fallen during the week on three
days, the rainfall reaching two inches and forty -five hundredths.
Average thermometer 75, highest 813 and lowest 07. We have
had too much rain for cotton, but there has been a favorible
change in the weather, and crop accounts continue excellent.
Columbus, Georgia. We have had raio on one day during the
week, the rainfall reaching one inch and ten hundredths. The
therraonieier has ranged from 70 to 8', averaging 76.
Savannah, Georgia. It has rained on six days, the rainfall
reaching one inch and nineteen hundredths, and the rest of the
week has been cloudy. The thermometer has averaged 81, the
highest being 91 and the lowest 73.
Augusta, Georgia. The weather during the week has been
warm, with light rains on six days, the rainfall aggregating one
inch and seventy-four hundredths. Average thermometer 7*i,
highest 90 and lowest 67.
The crop is developing promisingly,
and accounts are good. The first bile of new cotton was received
here on Thursday from i^'outh Carolina.
Charleston. South Carolina.
It has been showery two days the
past week, the rainfall reaching one inch and twenty-five hundredths. Average thermometer 33, highest 93 and lowest 71.
The following statement we have also received by telegraph,
showing the heisrht of the rivers at the points named at 3 o'clock
August 12, 1880^ and August 14, 1879.
—
—
—
—
—
—
—
Aug. 12,
Feet.
0ew
'80.
Inch.
Aug. 11. '79.
Feet. Inch
Below Wgh-water mark . 11
11
7
Above low-water mark...
8
10
5
Above low- water mark.
11
5
O
Blireveport
Above low-water mark... 18
Vicksbure
Above low-n-ater mark... Missiug.
14
7
New Orleans reported below high-water mark of 1871 until
Sept. 9, 1874, when the zero of gauge was changed to high-water
mark of April 15 and 16, 1874, which is 6-lOths of a foot above
1871, or 16 feet above low-water mark at that point.
Orleans
Memplils
Nashville
.
11
. .
C0SSD.MPT10N OF Cotton in Europe.
Ellison's figures for July, received
some remarks
in
— In
abandoned and 3 showab.-iut an avorago of 5 per cent nb.'vndnned on
aceouut of bad stands; 07 report tho plant forming, blooming nod
boiling well and 1 4 report not so well 7:! report the roudition as good to
excellent. 8 unfavorable, 52 better than last year, HI same iw last year
and 10 not so gooil. The general tenor of tlio replies shows that since
tho aoth of July there have boon freqnent and heavy rains, warm days
and cool nights, causing more or less shedding, rust, and too great a
growth of the plant. Four counties report lice, and two ooutttles the
army worm; but as yet compirutlvely little damage.
;
Chnrleaton Department
covers the State of South Carolina, and Is propared and Issued bjr tbe
Charleston Cotton Exchange, through Ihoir Committee on tnformatlua
and Statistics, composed of A. Nordeu, Chairman, K. D. Mure, E. WiUla.
VVm. Fatman, I>. J. Walker.
Soatli
Carolina.— 75 replies from 29 counties.
for tho mouth of July Is reported by .IS
The weather
this week,
we make
our editorial columns to-day on the subject of
European consumption.
as favorable to
very favorable, by 2 about the same and by 18 as unfavorable. The
weather for the season to the 31st of July is reported by 4(j as rnoro
favorable, 8 as about tho same and 21 less favorable. No lands ar©
reported as abandoned except by one correspondent. The crop Is rcliortcd as forming, blooming and boiling from well to splendidly by 70,
and stands poor and plant very small by 6. The present condition of
the crop Is reported by 55 as good to fine, and from better to much better
than last year 10 about tho same aul 10 poor condition, small and
worse than last year. There are several reports of lice, but no damage
done nor apparently exposited, tho plant being too forward. Kust In
reported In several sections, and also shedding, and fears are entertained
of damage if we have too much drought or rain during tbe month of
;
August.
Savannah Department.
This rei)ort covers the Stale of aeorglnsmilUiR Slaleof Florida. The
report is prepared and issued by the Havaimah Cotton Kxchange, through
their Conunittee on Information and Statistics, composed of J. H. Jobn8tou, Clavlns Phillips, J. J. Wilder, L. G. Young and F. M. Farley.
—
Geoi^ia. 89 replies from 52 counties.
The reports for July indicate that, with few exceptions, tbe woatber
been exceedingly favoralile, much more so than for the same iierlod
last season. No lands are reported abandoned, and the plant is forming
and blooming splendidly. Tlie condition as compared with last season
luvs
universally conceded to be much better. Some dread is expressed of
the continuous rains in the lower counties, priKlucing rust and caterpillars, but withoilt any positive injury having been sustained. From
the upper and miildle jiortious of the State tho advices could scarcely be
liner of the crop.
is
Florida.
— 23 replies from 12 counties.
thi.s section have been somewhat irregular, but
generally the weather has been about tho same as last year. No lands
li.ave been .ibandoned, and the plant is forming, blooming and fruiting
well, and is in quite as good, if not iu bettor, condition than last year.
Some complaints of rust and caterpillars, but up to the 1st of August no
actual damagesdeins to have been sustained.
The advices from
Mobile Department
covers the State of Alabama as far north as the summit of the Sand
Mountains, .and tlie foiiowing Gounties in Mississippi: Wayne, Clark,
Jasper, Lauderdale, Newton, Kemper, Neshoba, Nebaboe, Winston,
Lowudes, Oktibbeha, Clay, Monroe, Chicasaw, Itawamba, Lee, Pontotoc,
Prentiss, Ale >ru and Tisliamiugo. The report is prepared and issued by
the Mobile Cotton Exch.inge, through their Committee <ni Information,
and Statistics, composed of T. K. Irwiu, Chairman, Julius Buttuor, 8.
Haas, G. Thos. Cox and G. L. Hopkins.
Alabama.
— 66
replies
from 39 counties.
The weather during July was generally favorable, more so than las
m llcouuties. No lauds have been abandoned since last
rt'poit. The pants are generally reported as forming, blooming and
boiiiug well, with a few compiainis of shedding. Tho present con..Jtiou
oftuecrop s generally good— as yood as to belter than last yiar, except In
a few counties, which report it as not so good. Worms have appeared
m 17 counties, but ha e us ye: done little damage. Reports of damage
by lust come from 6 counties.
year, except
>
—
Mississippi. 36 replies from 19 counties.
The weather during the mouth has been favorable—more favorable
than last year, except in 11 counties. 8 of which report It equally as
favoruble, 3 less favurable thau during the c rresponding period of lasc
year. Very little land his beeu abandoned during the month; the
plants are Kenerally forming, bloom. ug and boiling well; thepriseut
condition of the rop is geuerjill'' goo<l, averaging from as good as to better
than tbe same lime last year. Twelve cmntles report the appearance
lit caterpillars and boll worms; no material damage has yet been done.
Too much raia U generally reported causing rust and sbeuding.
-
connection with Mr.
by cable
183
New
Orleans Department
covers tbat part of the Slate of Mississippi not api'ortioned to the Memphis and Mobile Cotton Kxchanges; the entire *Vu(e 0/ ioiiisMiHa, and
the Stale of Arkansas south of the Arkansas River. The report is prepared and issued by tlie New Orleans Cotton Exchange, through their
Committee on Information and Statistics, composed of Wm. A. Qwyu,
Chairman, W. H. Uawoott, W. A. Peale, Scott McGehce John Lawsou,
Chris. Chaffe, Jr., and J. P. N. Baquie. '
Mississippi Vallby Cotton.— Two bales of new cotton, produced in the Mississippi Valley, were received at New Orleans,
Louisiana. 118 replies from 36 parishes
average date
August 8— one from Mount Pleasant, La., consigned to Payne, July 31.
The weather during the nionlb has been unfavoralile, and .as compared
Kennedy & Co., and the other from Wilkinson County, Miss.,
—
consigned to
Hugh
AUi.son
&
Co.
South Carolina Cotton.— The first bale of new cotton of
South Carolina growth that has reached Charleston this season
was received there August 12 from Bamberg, Barnwell County.
It wa-s classed inferior.
;
wlih last year less favorable. There has been a slight abandonment in
the bo turn Lands on account of continued wet weather. The plant, on
the whole, is foi-minj; .and blooming well; tho average condition is good,
but not equal to the same time last year. Worms, rot and rust are
reported in many parisaes, but so far without doing any damage. Much
injury from sheading is reported, owing to tbe continued raius all over
the State during the month.
Mississippi.— 150 replies from 36 counties; average date
Jaly 31.
The weather is report6<l favorable to the 20th. Since tbat date exces
sive rains have caused the plant to grow too much to weed. Compared
with last year, it is less favorable. Two-thirds of our replies reporteomo
rot, rust, blight and shed dug.
Worms have appeared in many counties,
butno damage is reported. There has been a very slight abandonment iu
l)Oitoin lands in loiiseqneuce of heavy rains and grassy condition. Tho
Cotton Exchange, throiiRU their Comiuittee on Information plant is reported as blooming and lorming well to the 20th; since then
oiv'S,
?"'l'?^''
continued rains have caused some shedding. This condition applies
gti'^.'st'C". composed of (Jeorge h. Arps, Chairman,
John N. Vauithau more particniarly
™i
to the river counties. The present condition Is not
and H. G. Reyiiolda is.siie.s the following n'lmvt. coveriug tlie
Stale of good,
and does not compare favorably with last year.
1 irffi/ua and the followmg Counlies in North
(Jurolmn: Rutheifonl,
iJucolu, Catawba, Rowau, David-sou, Iredell, Bm-kc,
Wilkes, Caldwell,
Arkansas.
198 replies from 34 counties; average date
Alexander, Davie, Forsvthe. Ya.lkin, Stokes, Suirej-, Kookiughain
July 31.
Caswell, Person, Granvlire, Warren, Franklin, N.ish, Wake
Ily.le I>itt
Green, Cartaret, Craven, Beaufort, Tyrrel. Washington. Martin, Bertie,
The weather during the first part of tbe month was generally favoraCamden, Currituck, Gates, Hertford, Nortliamptou ble. Since then too much rain has fallen, and complaints are received
and Halifax"^""
of rust and shedding. In comparison wiih last year the weather has
been somewhat more f.ivorablo. No lands have beeu abandoned since
North Carolina and Virginia.— 81 replies from 80 counties July
1, save iu four river counties, where the percentage is very siualL
;"'""' ','"' «''•,','»«' •'» """-e favorable auU 15 as unfavora- The plants
are almost unlver.sally reported asliloomingandformingweU.
WB.^&^^SrS"
"'™
at
tlie same period last
,'
Tho
general
condition at present Is good, and in comparison with last
vin'r
Id less
f^
""'".^'"''""J'o*..^"""''""'
car, 14
favorable
J
and 8 the same as last year; 78 report no land year is somewhat better. From 24 counties complaints are received of
The
first
bale of
new South Carolina cotton was received
at
Augusta, Ga., on the same day (Aug. 12). It was raised near
Silverton, S. C, by A. L. Barnes, and was classed good middling.
Cotton Exchanob Reports for August.- We publish below
_
full, the Cotton Exchange condition reports for August 1:
Norfolk Department.
„.
m
—
1
THE CHRONKJLK
184
cotton to grow too fast
too much rain since the 20th of July, civu»ing the report
the prospects as
counties
to shed iw fruit partially, leu
very goo
S^
.
Galveston Department
"
[VOL.
XXXL
3. Abandoned Crops— 119 report no abandonment of cotton crops, 19
1 to 5 per cent, averaging about 45-100 of 1 per cent of crop
abandoned during Jul^', on accountof wet weather and scarcify of labor,
4. Formint/, Blooming. Fruiting— lOi report the crop forming, blooming and fruiting very well to never better, 27 moderately well, 6 not
report from
well.
eorers
6. Worms and Shedding— 127 report no worms, 10 report some boll
worms, 4 without serious damage, 6 serious damage 1 reports appearMcCarty
ance ot army worm but without serious damage; 104 report no shedding
July 31. of fruit, 34 sheading slightly, not serious, 6 report serious shedding of
Texas.—146 answers from 103 counties; average date
there having forms.
Fifty-one report the weather since July 1 as unfavorable,
6.
Condition of Crop— 21 report satisfactory in all respects, 109
than tin- saiiie
l)«cn too much rain 95 as favor.iblo 3 as less favorable
report 7 "a report well cultivated, 69 free of grass and weeds, and 40 slightly
time last year one the same and 1 1 4 more f avorab le. Eight
grassy
28 report not well cultivated, very grassy, owing to wet
lob
DBF cent of the land abandoned because of excessive rains,orand
Woom- weather and scarcity of labor, 12 report plant growing too much to
ione abandoned. Thirty-one report the plant aa not forming w-cU, anil weed at expense of fruit, 10 report appearance of rust, but menilon no
Ine well, owing to too much rain; 115 forming and blooming the crop serious damage.
Boiue unusually well. As compared with last year, 20 report
average
Tennessee -AoRicnLTURAL Bureau Report for July. The
not as good, 11 the same and 115 better, of which 23 report an
damage i report of the Tennessee Bureau of Agriculture for July has
of 40 per cent better; 10 report some worms, but no serious
worms.
boll
some
report
counties
5
damage;
serious
county reports
ma been issued this week and shows the following condition of
There is complaint from a number of counties of too much rain, and
giowtu crops in Tennessee: Com prospects indicate a full average crop.
few of which the damage is considerable by reason of excessive
on. Gra.ss
going
and clover likewise. There will not be much over half a
and shedding of iniit. A number of counties report picking as
crop of tobacco. The sorghum crop is reported as very fine.
Nashville Deiiartment
There will be above aa
covers Middle Tennessee east of the Tennessee River, and the following Cotton was never more promising.
Counties of 4/(t6«ma:— Lauderdale, Franklin. Colbert, Lawrence, average yield, no insects having troubled it. Indications point
Cherokee.
-and
DeKalb
Jackson,
Marshall,
Madison,
Morgan, Limestone,
Stock of all kinds is in exellent conE.>;chaugo, to a good peanut crop.
The report is prepared and issued by the Nashville Cottoncomposed
of dition.
through theU- Committee on Statistics and Information,
Leonard Parkcs, Chairman, IS. Lanier and J. P. Dobbins.
Gunny Bags, Bagoino, &c.—Bagging has been quite active
for the past week, and though we hear of no large parcels
Tennessee. 30 replies from 10 counties.
than
The weather during the mouth of July has been favorable, more so
moving, the trade being generally for small lots, the aggregate
last year. Only two' counties complain of too much rain, which caused quantity taken is large and will probably reach 5,000 rolls.
the cotton plant to grow too rapidly. No lands have been abandoned and
the pi lut is forming, blooming and boiling well. The present conditMu The demand still continues, and the close is very firm at lOe.
of the crop compares favoraiily with last year— many say better, rhere for IM lbs., lie. for 21bs. and ll^c. for 2M lbs. Butts are
were flue rains up to the 10th of .luly. Since theu it has been dry. No
not selling very freely, there being but few inquiries for large
damage yet from drought, though rain is now needed. The crop is .at
being quiet. A fair jobbing
least ten days earlier than last year, and if it meets with uo disaster will parcels and the speculative demand
trade is reported, with sales of a few hundred bales at 3@3Mc.»
make a large yield.
as to quality, the market closing Arm at these quotations.
Alabama.— 33 replies from 9 counties.
The weather during the month of July has been favorable— morpi favorComparative Port Reckiptb and Daily Crop Movkmbnt.
cotton
the
July
and
abandoned
since
1,
lauds
year.
No
able than last
port movement by weeks is not accurate,
plant is forming, blooming and boiling well. The present condition of A. comparison of the
the weeks in diSerent years do not end on the same day of the
crop is good. The acreage was too great and caused a part of the crop
to be neglected; but the dry July enabled them to work it out of the month.
We have consequently added to our other standing
grass, and the prospect for u fine crop is better than for yeai-s, with
tables a daily and monthly statement, that the reader may conseasonable weather dm-ing the mouth of August. The crop is at least
ten days eai Her than last year. The re is some complaint of rust, but uo stantly have before him the data for seeing the exact relative
damage done yet.
movement for the years named. The movement each monthi
Slemphis Department.
since Sept. 1 has been as follows:
covers the S(a(e o/TeHiiessec, west of the Tennessee River, and the following Counties in Mississippi: Coahoma, Panola, Lafayette, Maishall.
Tear Beginnin g September 1.
De Soto, Tmiica, Benton and Tii)pah, anil the Slate of Arkansas north of Monthly
the Arkansas Kivcr. The report is prepared and issued by the Memphis Receipts.
1876.
1875.
1874.
1378.
1877.
1879.
Cotton Exchange, through their Committee on Information and
Statistics, composed of H. M. Neely, Chairman, H. C. Hampsou, T. H.
236,868 169,077 134,378
98,491
333,643 288,848
Sept'mb'r
Hartmus, H. F, Rose, H. FursteRheim, W. A. Gage and J. C. Johuson.
578,533 675,260 610,316 536,96»
888,492 689,26-l
October.
West Tennes.sep.— 44 responses.
Novemb'r 942,272 779.237 822,493 901,392 740,116 676,295-
Ckitton
composes
M. King ami
;
T. J.
;
;
1
;
;
—
;
—
—
M
^Yealher—\^ report the weather tor the month of July as having been
759,036Tery favorable, 12 favorable, both reporting seasonable rains; 15 report Deoemb'r 956,464 893,664 900,119 787,769 831,177
647,140 618,727 689,610 500,630 637,067 444,052
untavorable, having generally been too wet; 9 report the weather as January
tlrst
half
and
dry
the
having been too cold 7 report rains during the
383,324,
447,918 566,824 472,054 449,686 479,801
February.
latter halt of the month 3 report dry the nrst half and wet latter part
261,913 303,955 340,535 182,937 300,128 251,43S
of the mouth. Compared with 1879—22 report weather to this time March
more favorable, 10 about same and 12 less favorable. Abandoned April.... 153,025 167,459 197,965 100,194 163,593 133,598
Crops — 39 report none abandoned; 5 report from 1 to 5 i>er cent aban- May
92,600
81,780
96,314
68,939
110,006
84,299
doned on account of wet weather and scarcity of labor, averaging one43,234
56,01»
36,030
29,472
43,142
88,455
quarter per cent. Crop Frnitinff^2S report the crop forming, blooniuig Jtme
17,064.
29,422
30,340
17,631
13,988
54,253
and fruiting very well to never better; 13 moderately well; 3 not well. July
Worms am) Slieildiiiy—4'2 report no worms 3 report boll worms, but no
serious damage; 29 reiiort no shedding of forms or fruit, 13 slight, and
totJlySl 4,891,586 4,435,737 4,253,486 3,9o7,38t; 4,085,531 3,473,93S
3 serious shedding. Condition of Crops— 6 report in all respects satis- Pero'tage of tot. port
factory; 28 report well cultivated; 21 clean of grass and weeds; 13
97-43
98-00
99-74
97-99
0934
receipts July 31...
slightly grassy 10 report not well cultivated, very grassy owing to wet
weather and inability to work 3 complain of crop growing too Ui.xuThis statement shows that up to July 31 the receipts at the
rlant at expense of fi'uit; 6 meutiou rust, but as yet without material
ports this year were 455,849 bales more than in 1878-79 and
damage.
By adding
633,100 biles more than at the same time in 1877-78.
North Mississippi.— 42 responses.
totals to July 31 the daily receipts since that time
Wealher—9 very favorable, 10 favorable. Both reporting seasonable to the
rains 20 very unfavorable, being too wet 2 report w^et firs part of we shall be able to reach an exact comparison of the movemonth and dry latter 1 reports dry first half and wet latter part of ment for the different years.
month 15 complain of weather being too cold. Compared with 1879—
19 report much more favorable, 5 about same, 18 less favorable.
1879-80. 1878-79. 1377-78. 1876-77. 1875-76. 1874-75.
Abandoned Crops— 35 report none abandoned, 7 report abaudunmeiit of
of 1 per cent, owing to wet weather and
1 to 5 per cent, averaging
4,435,737 4,258,486 3,957,386 1,095,531 3,473,93©
rotJlySl
4,891,586
Crop Fruiting— 32 report forming, blooming ami
scarcity of labor.
1,39
421
635
8.
419
S.
fruiting well, 9 moderately well, 1 not well. iro/'»i« and Khedding—'ib Ang.l....
7-24
report no worms, 7 boll worms "without serious damage; 1 reports army
264
" 2....
521
1,465
507
1,519
worm but no material damage 34 report no shedding, 8 slight. Condi51'4
410861
" 3....
393
8.
2,394
tion of Crops— 1% report well cultivated, 13 clean of grass and weeds, 15
452
8.
846
390
562
". 4....
1,191
slightly grassy
14 report not well cultivated, very gi'assy, owing to
wet weather itnd scarcity of labor; 6 report growing too luxuriantly
394
- 5....
596
S.
834
1,303
698
at expense of fruit 4 report appearuuce of rust, but without material
839
8.
301
509
" 6....
1,891
330
damage.
618
20T
529
1,141
" 7....
666
1,526
North Arkansas. 51 responses.
8.
310
247
1,168
" 8....
S.
1,182
Weather— 22 report very favorable, 16 favorable, both with seasonable
364
19T
" 9....
700
1,032
1,398
527
rains 9 report unfavorable, being too wet 4 wet first part and dry lat24'
ter part of month; 4 report dry tlrst and wet la«t part of montn.
364
764
" 10....
8.
468
1,444
with
1879—33
Compared
r, port weather much more favorable
7 about
5S»
531
1,038
8.
776
"11...
1,354
same; 11 less favorable. Abandoned Crops— i5 report no cotton crops
21»
8.
1.084
712
827
761
"12...
abandoned C report 2 to 5 per cent, averaging I2 per cent, owing to wet
weather and scari ity of labor. Forming, Blooming and Fruiting—4i.
8.
16S
437
347
612
"13....
2,242
report very well to never better 5 moderately well 2 not well. Worms
and Slieda!ny—tO report no worms 1 some boll worms, without material total
4,908,575 1,412,515 4,264,931 3,962,715 4,095,351 3,477,U15.
damage; 44 report no shedding; 4 shedding forms, but, not seriously; 3
of total
.
;
;
.
.
;
;
;
;
;
;
;
•'>8
;
;
;
—
;
;
;
;
.
;
;
;
report seriously.
Condition of Orojjs— 15 report satisfactory in all
respects; 47 well cultivated 35 free of grass and weeds; 12 slightly
grassy 4 not well cultivated, very grassy, owing to wet weather and
scarcity of labor ; 3 report plant growing too luxuriantly at expense of
;
;
liuit.
—
North Alabama. 10 responses.
Weather— 7 very favorable, 3 favorable, both reporting seasonable
rains; all report more favorable weather than in 1879. All report no
crops abandoned. All report forming, blooming and fruiting well. All
reportnocomplalntof worms or of shedding forms or fruit. Of condition, all report well cultivated, G free of grass and weeds, 4 slightly
grassy; 1 reports some appearance of rust, but not serious.
Agsregate.— 137 responses.
1. WeMher—iH report the weather for July as having been very favorable, 38 favorable, 76 sea-sonabie rains, 13 wet during first and dry
latter part of month; 4 dry during first and wet during latter part of
mouth 44 report unfavorable, on account of too much ram.
2. Compared wilh 1879—74 report mucU more favorable, 22 about
same, 41 less favorable.
;
Percentage
p*rt ypn'ntf Ausr. 13.
99-09
98-14
9813
97-71
99-I4
siaiemeut shows that the receipts since Sept. 1 up to,
to-night are now 466,060 bales more than they were to the same
day of the month in 1879 and 643,6'24 bales more than they
add to the last
were to tlie same day of the mouth in 1878.
table the percentages of total port receipts which had been
received to August 13 in each of the years named.
India Cotton Movement from all Ports. The figure*
which are now collected for us, and forwarded by cable each
Friday, of the shipments from Calcutta, Madras, Tuticorin. Carwar, &c., enable us, in connection with our previously-received
leport from Bombay, to furnish our readers with a full and
first give the
complete India movement for each week.
Bombay statement for the weeK and year, bringing the figures
'I'tiis
We
—
We
down
to
August
12.
August
14,
THE CHRONICLE.
1880.]
UOMRAY KECKIPT8 AND gHlPMENTS FOR FOUR TEARg.
-Year Oreal ContiBrifn. nent
1880
1879
1878
1877
Shipments since
Ihta week.
Shipmenis
s.o'oo
3,oao
4,000
1.000
3.000
i'.ooo
Britain
Continent.
352.000
244.000
287.000
373,000
474,000
323.000
386.000
403,000
arettt
Total.
3,000
7,000
1,000
7,000
Thu Exports op Cotton
Receipts.
.Tan. 1.
Total.
This
Week.
820,000
587.000
673.000
776,000
8,000 1,053,000
3.000 770,000
2.000 844,000
2,000 990,000
Since
Jan.
1.
According to the foregoing, Bombay appears to show an increane
compared with last year in the week's receipts of 5,000 bales, and
-a decrease in shipments of 4,000 bales, and the shipments
aince January 1 show an increase of 2.')9,000 bales. The movement at Calcutta, Madras, 'I'uticorin, Car war, &c., for the same
week and years has been as follows.
CALCUTTA, MADRAS, TUTICORIN, OARWAR, RANGOON AND KURRACHEE.
Year.
Oreat
Britain.
1880
1879
1878
2,000
7,000
3,000
Shipments since January
this week.
Shipments
Continent.
Total.
Great
Britain.
Continent.
198,000
181,000
92,000
79,000
79,000
101,000
48,000
47,000
3,000
11,000
3,000
1,000
4,000
1377
The above
1.
277,000
282,000
140,000
120,000
week show that the movement from
than Bombay is 8,000 bales less than same week
1879.
1880.
Shipments
4o all Europe
This
week.
from—
Bombay
Since
Jan.
1.
826,000
277,000
3,000
3,000
All other p'rts.
1878.
This
week.
This
week.
Since
Jan. 1.
7,000
11,000
567,000
282,000
Since
Jan.
1.
673,000
140,000
1,000
3,000
4,000 613,000
6,000 1,103,000 18.000 849,000
statement affords a very interesting comparison of the
total movement for the week ending Aug. 12, and for the three
years up to date, at all India ports.
Alexandria Receipts and Shipments. Through arrangements we have made with Messrs. Da vies, Benachi & Co., of
Liverpool and Alexandria, we now receive a weekly cable of
the movements of cotton at Alexandria, Egypt. The following
are the receipts and shipments the past week and for the corresponding weeks of the previous two years.
Total
last
—
Alexandria, Egypt,
week....
Since Sept. 1
1,000
1.667.000
Tills
3,204,6o6
Since
This
week. Sept. 1.
,214
2,77i',6'00
This
Since
week. Sept. 1.
202.030
600 171.400
809 177,397
79.700
2.50
Total Europe
A cantar is 98
1,059 469.427
8,625 490,715 274,206
238.000
163,000
600 251,100
1,533
8,421
2,107
43,578
14,405
2,213
1,533
3,421
2,107
43,578
14,505
790
250
571
105
53
50
38,395
19,210
25,698
16,306
2.202
2,835
076
103
100
Bremen and Hanover
Hamburg
Other ports
Total to North. Europe
796
83,303
21,343
Spain, Op'rto, Qibralt'r,ifeo
All other
370
7,048
3,406
5,710
Total Spain, io
370,
10,454
5,870
250
Grand Total
Iba.
bales.
states that the
prices, but that
—
Our report received from Manchester
market for shirtings is steady at unyarn is lower. We give the prices of
1880.
32« Cop.
Twist.
d.
1879.
Oott'n
8I4 lbs.
Shirtings.
Mid.
Uplds
d.
d,
9l3®10l4
9ii!ail0>4
25 9 ® 9^1
.July 2 9 ® 9^
9 9H-S10
•"
16 914® 10
•«*
23: 938®10J4
" 30' gssalOM
Aug. 6; 9kai0i8
" 13! Q^e® O'^s
7>3®7
7^a>7
4>2®7
41337
7Hi®7
7i3®7
7^287
712
613,„
7H
«l-'lfl(
6
6
7%
7^
9
713017
9
7iaa7 9
7ia®7 9
A.
lbs.
Mid.
Vplds
Sh irtings.
Twist.
A.
Cott'n
8I4
32« Cop.
9i4®9^
9i8S9^
s.
15
,5
d.
9
6\
613i6
67„
613,«
613,8
ti"in
013,„
8-'s®958 5
8?4®938 5
8=83914 5
8'3®9i8 5
Total balet.
Chester, 446
City of Brussels, 1,329. . . .Wyoming, 1,644. . . .Bothnia, 307
Egypt, 1,522
Rosso, 1,552
jier sblp West Uied, 1,523
8,325
To Hall, per steamer Serreuto, 300
300
To Havre, per etearaer .St. Laurent, 900
Bergal, 1,207
2,107
New York—To Liverpool, per steamers City of
—
To Bremen, per steamer Main, 33
To Hamburg, per bark Caroline Belim, 50
New Orleans—To Liverpool, per steamers Australian, 5,483
Alava, 1,993
9
per ship Screamer, 3,499
10.977
2,481
To Havre, per steamer Asturl.ano, 2,481
To Genoa, per brig Aurora, 102
To Vera Cruz, per steamer City of Mexico, 1,393
Baltimore— To Bremen, per steamer Leipzig, 350
Boston—To Liverpool, per steamers Canopus, 639
102
1,393
330
Brazilian,
1,647
325
325
Total
The particulars of theje shipments, arranged
form, are as follows:
28.110
in oar usual
Liver-
Harre.
2,107
2,491
Hull.
pool.
300
York... 8,325
Baltimore
Baston
Bre- HamVera
men. burg, Genoa. Cruz.
ftH
50
102 1,393
...
350
Total.
10,8,35
14,!t.>3
350
-•
1,647
1,647
325
325
....
21,274
300
50
102 1,393 28,110
4,588
403
Below we give all news received to date of disasters to vessels
carrying cotton from United States ports, etc.:
Umos, ship.-The master, Greenleaf, of the ship Union, at Liverpool
from Norfollc, before reporte<l, makes the following statement At
3 P. M. .luue 23, bound up the Channel ship perreotl.v tight, the
Union wa.<s taken in tow by the tugboat (jrcat Britain, all going
well until the following day at 7 A. M., when, during a thick fog,
the vessel was towed on to RhoscoljTi Rocks, and while so situated
she remained tight for one hour alter going ashore. The ship was
towed off four hours afterward, when she commenced to leik badly.
She arrived at Liverpool June 25, delivering her cargo in perfect
order. The vessel was in Graving Dock on July 29. undergoing
thorough repairs under the inspection of the surveyor for French
York.
This
Since
week. Sept. 1.
V. Orl'ana 2,406 204.832
Texas
833 113,289
Savannah
479 182,952
Mobile
Lloyds.
Cotton freights the past week have been as follows:
6
6
®7
®7
at
6
New
Satur.
6'r
6ib,„
6''r
6i3ie
4'a®7 4>a
8Si®9i4 6 lia®7 41a
8%®9'4 6 li3®7 4I3
8%®9i4 6 li3®7 41a'
<!«!«
64
Ot-i.
6%
York,
Philadelphia.
This
Since
week. Sept. 1.
Th is Since
week. Sept.l.
23,545
2,969
38,777
5,279
2.575
16,186
1,290
31
63
398
Baltimore.
This
Do
sail
Bremen, steam,
Do
sail
1.
391
73
13,800
10,689
84,006
15,000
1,519430,493
199 88,478
1,705 194,050
5,897
Ijast vear.
2.952 nn5.o«i' i.nni':!fi8.i7R
1,241
812
ao
.T^so
>a
c.
Do
sail... (J.
00011
fio rtQO
Thurs.
Fri.
sail
Liverpool.
d.
H
13
ifl
la
1*
la
I3
13
la
la
7,8 819
''i6®'a
Tl6®'3
Tie® la
9l6
9l6
9l8
9l8
9l8.
I3
Ifl
la
la
la*
^18® "a
»1S
>a
1132®% 1132®% "32®% 1132®% 1133®% 11,2®%
"16
c.
iie
B18
July 23.
bales.
-.
Of which exporters took
Of which speculators took..
Actual export
Forwarded
Total stock— Estimated
Of which American- Estlm'd
Total import of the week
Of which .'Vmeiican
Amount afloat
Of which American
47,000
33,000
5,400
2,200
6.300
o,.500
702,000
463,000
35,300
24,000
239,000
117.000
July 30.
«!«
»!«
"18
the
— By cable from Liverpool, we haveport
Sales of the week
Sales American
>3
>a
la
'16®^
BaU...d.
steam
la
I3
7ie®"*32 'l8®'°32 7iga:532 7l6®"*32 '16® "32 'l8®'»32
Amst'd'm, steam.e.
Do
Ifl
statement of the week's sales, stocks, &c. at that
199 64,373
Tliisyear.
la
69,083
34,917
773I135.055
3481156,909
,
e.
.c.
Hamburg, steam.r^.
Baltic,
Since
week,' Sept.
Wednes.
Tues.
Jlfon.
Liverpool, steam d. HiSiH 3i6®l4 3,a®i4
3l6a"4 3i8«l4 3,„®l4
Do
sail...d. B32®"32 S3a®'32 ^32®^32 ^323*^32 '32® '32 S32®'s3
Havre, steam
e.
»18
»16
9l«
»16
»ie
9l6
Do
Boston.
'.'.'.'.'.'.\
5,866
8.^1117,344
295, 42,875
410,205,522
17|
6,076
606,216,268
5,708
:
6''8
1. 1879.
1,100,528.
53
50
A.
A.
8.
®7
7>2®7 6
The Followino are the keceipts op Cotton
Foreiifu
7.028 14,509 10.e35;e28.0.50 31.5,924
10..593
ciHiPPiNO News. Tne exports of cotton from the United
States the past week, as per latest mail returns, have reached
So far as the Southern ports are concerned, these
28,110 bales.
are the same exports reported by telegraph, and published in
the Chronicle last Friday.
With regard to New York, we
include the pianifests of all vessels cleared up to Wednesday
night of this week.
10i2®7 10i« 7
^ 8''8®9=8 5 7»i®7 6
65t
Boston, Philadelphia and Baltimore for the past week, and sines
New
160
406,000
to-day below, and leave previous weeks' prices for comparison.
•
2,213
Total
Manchester Market.
Florida
S.Car'lina
K.Car'Una
Virginia
North, pts
Tenn., 4o.
year.
Havre
Other British ports.
This
Since
week. Sept. 1.
This statement shows that the receipts tor the week ending
cantars and the shipments to all Europe
/August 12 were
from—
11.
Total to Great Britain 7.214 5,245 10,412
Philadelphia.
Receipts
prerPut
date.
8,325 401,915 200,890
300 "8,800 13,316
NewOrleaus.10,977
To Continent
September
4.
Philadelpula— To
(Exports (bales)—
11
18
23.
Aug.
5,245 10,412
Now
"
Aug.
54.... Marathon, 934
Liverpool, per steamer Illinois,
1878.
1879.
1880.
12.
'H«oeipt8 (cantars*)—
June
July
21.
Liverpool
Same
Total to period
July
—
EXPORTS TO KDROPE FROM ALL INDIA.
Aug. 13
changed
week «now a
Week endingExported to—
Total Fremoh
413 folluws,
were 1,059
this
Other French ports.
Total.
For the whole of India, therefore, the total
-shipments this week and since January 1, 1880, and for the
corresponding weeks and periods of the two p^pvi^us years, art
Aug.
New York
from
decrease, as compared with last week, the total reaching: 10,8.35
bales, against 14,509 bales last week.
Below we give our usual
table showing the exports of cotton from New York, and their
direction, for each of the last four weeks; also the total export*
and direction since Sept. 1, 1879, and in the last colama the totat
for the same period of the previous year.
Exports OF Cotton (bales) from New York binge Sept. 1, 1870.
totals for this
the ports other
of last year.
This
185
following
:
Aug 6.
Aug, 13.
38,000
29,000
2,700
41.000
31.500
4.100
780
890
8,900
9,300
745,000
503,000
97,000
80,000
136,000
51.000
5,100
9,700
716,000
481,000
12,300
170.000
1,450
5,100
6,600
690,000
469.00O
26,300
23,000
159.000
fiO.OOO
f>:t.non
39,000
31,000
2,600
20..")00
THE
186
(JBKONICLE.
the
The tone of the Liverpool ranrket for spots and futures each day ofhave
TTeek ending Auk. 13, and the dally closing prices of spot cotton,
been as follows:
I
XXXL
Vol.
(From the " New Tork Produce Exchaiiqe Weekly.")
Receipts of flour and grain at Western lake and river ports
for the week ending Aug. 7, 1880
:
Sulwday
Moiulai/.
Ettsi'r.Dut
Mod.
^Yedncs. ThursU'u.
Tuesdaii.
Friday.
Market,
12:30 P.M.
j
5
Inq.
Dull
freely
not quotubly lower. BuppUed.
and
Mid. Upl'ds
6",8
Mid.Orl'us.
6i5i«
Market.
5 P.M.
613,8
6l3io
6l3i«
Toledo
8,000
1,000
Cleveland
8t. Louis
Peoria
Duluth
50C
Bpec.& exp.
8,000
1,000
6,000
6,000
1,000
8,000
1,000
6.000
500
Market,
}
3 P. M.
5
Barely
Steady.
Quiet.
steady.
Same tUne
Dull
Closed
and
in buyers'
favor.
easier.
actual sales of futures at Liverpool for the same week are given
below. These sales are on the basis of Uplands, Low Middling clause,
unless otherwise stated.
Delivery.
d.
Nov.-Dco
Aag.-Sopt
Delivery,
d.
Dec-Jan
6032
d.
6632
^'^la
Sept.-Oct
61&32
I
Aug
I
62332
Nov.-Dec
GH
Oct.-Nov
Aug.-Sept
Delivery.
Sept.-Oct
I
62332
6II1B
I
Oot.-Xov
Delivery.
I
e^ia
6132
Mar.-Apr
I
Thuksdat.
Aug
6^
Aug.-Sept
611,8
Oct.-Nov
Nov.-Dec
Feb.-Mar
Mar.-Apr
6732
63,0
Friday.
6%®2532 Sept.-Oct
Aug.-Sept
.
. .
Oct.-Nov
62330
Total grain... 157,385,468
123,535,893
117,768,086
75,826,538
I
.67,8®1532
6I4
I
Nov.-Dec
I
Sept.-Oct
BRE ADS T UPF
63,8
6'i6
FRIDAY, P. M., Aug.
13, 1880.
been
To-day the market was dull and weak. Rye flour and corn
meal have also favored buyers, but piices have not yielded
much.
The wheat market has been depressed for spring growths
and red winter, but No. 1 white on the spot and for August
delivery was scarce and made an important advance. There
were sales of this grade sold at §1 13@$1 14 on the spot, §1 10
for August and 51 08% for September. Yesterday there was a
general decline, with No. 1 white on the spot receding to IJl 11
@!?1 m2, but other deliveries and grades yielding only )4.@/ie.
To-day the opening was depressed, but th'e dose was at some
recovery, No. 2 red winter selling at §1 08% for September and
$1 08M@i51 09 for October,
Indian corn was in very active demand all the week, and on
Wednesday No. 2 mixed advanced to 49^e. on the spot, 50Mo.
but yesterday part of
for September and 51%c. for October
the advance was lost. To-day the market was again better,
the close being at the best prices of the week, with No. 2 mixed
selling at ")0%c.- for September and ol%e. for October.
Rye has been doing better, and there have been sales of No.
2 at 81c. for September and 84c. for August. The close was
;
Oats have advanced, owing mainly to a " corner" on conAugust. Futures, however,
have also improved, No. 2 mixed selling on Wednesday at 35c.
for August and 34c. for September, while the comer yesterday
caused the same grade on the spot to sell at 43c. To-day No.
2 mixed closed at 41c. on the spot, with sales at 3o}ie. for Aug.
and 34%c. for September.
Spring superfine
Spring wheat extras..
closing quotations:
|
3
75® 4 10
340»
3 85
4 108 4
6
do XXandXXX... 4 50»
~~' 5
Winter shlpp'g extras. 4 60»
do XXandXXX... 5 25» 6
Patents
Western 'rye mix"...
City shipping extras.
Southern, bakers' and
family brands
Bouth'u ship'g extras.
flour, superfine..
50
50® 8 75
65® 5 00
4 35® 5 85
6
4
Western, &c
Brandywine, &0
j
.
No. Ssprlng, ^bu.$l 00 81 01
No. 2 spring
106 ®1 07
Red winter
91 ffit.09
Red winter. No. 2 IO8I431..
White
106 ®1 12
Corn— West, mixetf
46
4912
West'n No. 2
4918® 49M
West, j-ellow
50 ® 54
West, white
52 ® 55
Rye
—
5 50® 6 75 Oats Mixed
4 85® 5 40
^Vl^ite
4 60® 5 00 Barley— Canada W.
Cora meal
'
1
40
oO
'"
10
'
|
2
65® 3 25
®
3 24
84
37
41
State, 4-iowed...
State, 2-1-0 wed...
Peas—CaD'da,b.&f.
82
®
®
®
®
®
®
®
12,971,190
11,705,715
8,332,112
1879
1880
85
43
47
95
1878
4.151,006
3,493,492
1877.
2,336,849
bush.
37,603,801
79,524,620
11,838,171
1,667,593
1,290,897
39,021,535
51,001,696
13,352,703
2,071,052
1,930,959
32,765,826
50,121,773
10,559,827
1,617,271
1,811,282
28.575,521
42,777,332
12,816,100
1.212,776
926,779
Totalgrain.... 131,975,085
107,387,515
92,205,979
84,338,857
Oats
Barley
Rye
and
Rail shipments from Western lake
river ports for the
weeks ended
1880.
Flour
bbls.
Wheat
bush.
Com
Oats
Barley
Rye
Total
1879.
1878.
Week
Week
Aug. 7.
103,397
1877.
Week
107,472
Week
Aug. 10.
93,402
Aug. 11.
103,616
585,61
9,101
37,784
801,112
407,177
610,062
1,966
40,735
135,395
593,133
432,911
12,510
20,966
183,465
492,776
216,716
2,310
55,308
2,125,251
1.870,352
1.499,950
950,575
Au;j. 9.
803.001
689,151
Rail and lake shipments from same ports for last four weeks :
Corn,
WhenI,
Oats,
Barley,
Flour,
Hye.
Week
endittii—
bush.
bush.
2.330,748
3,107.937
3,752.652
3,353,754
691.303
493.118
499,827
570,003
9,104 141.781
11,518 42.622
16.370 33.264
6,038 30,142
9.391,230 12,.595,091 2.257,611
9,829,019 7,202,109 2,043,358
43,380 258.81'^
50.439 409,427
bush.
bbls.
Aug. 7. ..100,309
July 31. ..Ill, 106
July 24. ..125,102
July 17. -.114,115
3.302,251
2.419,279
2,251,941
1,147,702
rot.,4wks.540,932
4 w'ks '79.. 539.603
bush.
bitsh.
Receipts of flour and grain at seaboard ports for the
ended Aug.
At—
Flour,
Wheat,
Corn,
Oats,
bbls.
bush.
bush.
bush.
Barley,
bush.
117,931 1,410,012 1,811,800 119,312
42,010 166,800 366.875 28,800
55,000
2,500
3.200
19,105 620,972 276,631 10,141
93,100 55,000
16,060 655,300
86.300 39,300
27,7711,871,000
11,088 328,965 101,233 17,975
New York
Boston
Portland
Montreal
Philadelphia
B.-atimore
New
Orleans
270,191 5,083,679 2,812.297 303,058
week
week '79.... 226.190 0,449,072 1,433,941 431,661
Total
And from Jan.
Fjour
WTieat
week
7:
bbls.
bush.
Corn
Oats
Barley
Rye..
1 to
Aug.
7. inclusive,
01,437.495
93,917,979
13,993,716
1,589,807
921,595
Rye,
bush.
2,232
3,050
1,.500
1,000
3,050
4,200
4,782
83,438
for four yeare:
1879.
5,900,400
1880.
5,537,453
Totalgrain.... 174,913,652
Grain.
I
$2 403 3 00 Wheat—
1,719,423
6,678,939
792,860
13,999
292,221
3,30i),015
tracts for delivery the flrst half of
bbl.
307,919
4,083.064
5,438,183
1,863,757
63,015
257,666
bbls.
Flour
Cor.
strong.
Mow.
1877.
187,826
5,356,561
5.432,182
1,814,542
32.956
7,262,497
The production has
at the decline trade continues slow.
large, the recent rains having swollen the mill streams.
No. 2
9
Winter superfine
1878.
186.415
791,377
20,199
129,461
';k)m
flour
The following are
1879.
252,030
2,754,772
3,566,688
Total grain ....
'
Wheat
S
market has been extremely dull and prices have
declined 25@50e. per bbl. In the absence of an export demand,
the g.reate8t depression has been in the common and medium
extras, some of the latter from new wheat having yielded most.
Rye
Ii80.
139,164
.bbls.
same ports from Aug. 1
Comparative shipments of flour and grain from the same
ports from Jan. 1 to Aug. 7, inclusive, for four years:
Delirery.
Deliveru.
Delivery.
12,010,918
48,376,534
11.438,727
2,768,131
1,232,118
Rye
63,6
633a
inclusive
38,090,051
57.942.336
16,421,793
2,993,926
2,316,975
Barley
Delivery.
Delivery.
Delivery.
7,
42,622,029
58,460,289
17,906,430
2.457,358
2,089,787
bush.
Wheat.... .bush.
Corn
Oats
Caa
Oct.-Nov
Aug.
6,397
34,850
37,916,012
96,602,917
18,718,789
2,625,935
1,521,815
Wheat
Flour
Delivery.
I
62I3J
72
1877.
2,1J1,663
bbls.
63i6
Wednesday.
Delivery.
Aug.-Sept
37
1878.
3,303,070
Total receipts ^crop movement) at the
to Aug. 7, inclusive, for four years:
Tuesday.
"» Delivery.
Aug
1 to
82,514
"
5,600
1879.
3,809,901
Ctom
Oats
Barley
6332
same ports from Jan.
6,140
3,450
1880.
3,530,477
Flour
Delivery.
Delivery.
I
6%
Even
20.199 129,461
16,621 178,247
Rye
MOJTDAT.
Delivery.
Ang
The
791,377
831,363
Total receipts at
for four years:
Satbrdat,
Delivery.
Aug
Aug
139.164 2,754 772 3,566,688
124,962 2,624,151 2,621,073
800
'79.
"
10,500
5,007
2,315
42,023
2,065
Quiet.
The
(.56 lbs.)
210 1,196,599
Total
Futures.
Barley,
Oats,
Rye,
bush,
bush,
bush.
(32 lbs.) (iHlbs.) (56 /6s)
bush.
lbs.)
305,732
22,750
33.212
9.065
18,400
109.218
293,000
45.562
Detroit
5
(60
617,610 2,623,70?
74.140
31,400
148,402
119,465
3,834
90,300 123,200
61f>,211
368.680
10,050 225,400
767
47,064
Milwaukee
613,8
0'5l8
}
Bales
•
(190 lbs.)
41,182
Ohicago
Ci3i8
Corn,
bitsh.
bbls.
At—
Firmer.
Fair.
Dull.
easier.
C13i8
Wheat,
Flour,
Spot.
1878.
5,066,629
1877.
2,886,520
7.501,481
50,253,565
10,009,923
2,009.953
2,295,986
46,775,665
70,689.834
12,419,613
2,137,832
2,667,655
153,581,111
135,020,649
70,593,470
03,5.52,597
71.332,003
12,655,208
1,715,2.57
765,518
Exports from United States seaboard ports and from Montreal
week ending Aug. 7:
for
From —
Flour,
New York
90,842
19,990
2,032,082
47,401
8,402
1,328
8,430
1,511,806
Total for w'k 119.992
4,559,319
bbls.
Boston
Portland
Montreal
Piuladelphla.
Baltimore
.
Wlieat,
bush.
522,726
415,804
Corn,
bush.
1,527.335
317,373
Oats,
bush.
8,044
11,673
Peat
Rye,
bush.
bush.
100
11,623
120,225 73,317
350,656
60,736
2,391,315
93,061
100 11.625
30,080
977,339
6,174
Same time '79. 100,201 4,536,417
in
granary
stocks
the
grain,
comprising
supply
of
The visible
at the principal points of accumulation at lake and seaboard
AcouBT
port*",
and
THE CHRONKXE.
14, 1880.]
ia transit
by
raU and canal, Aug.
lake,
7,
was as
follows
Corn,
Oals,
bush,
1,781,441
78.910
Wheal,
Til
store
New Yoib
at—
hitsli.
3,04(!,«07
Do. afloat
(est.).
Albany
Buffalo
Chicago
Miiwaiihec
..
.
Dulutb
Toledo
Detroit
OSWCRO
St. Ixiiilg
Boston
Torouto
Mnntr«al
Pbiladclphia
Peoria
Indiana polls.
Kansas
City.
4,000
194,041
1,861,009
173,429
5.200
002,007
68.812
50,000
819.383
78,382
13,412
42.885
714,330
10,149
130,800
140,628
1,631.802
803.001
3,072,000
1,028,000
704.000
20.500
850,401
3,720,870
22.824
15,331
286,700
3,350
75,000
852,313
284,394
10.000
21,884
131.275
5,361
101 ,405
123,007
25,120
148
.
1878.
3H3
50
1,511
3.671
73,324
3,200
7,270
64
11,849
1,000
585,b'li
9,404
37,784
101,000
8,006
160
Flax
MlsceUaueous
176.'204
183.930
1 80,050
156,213
318.424
387,682
271,912
108.862
133,674
129,583
479,114
1,104
1,038
472,815
306^)18
Pkni.
Value.
80s
1,042
600
$
616,919
434,942
1.310
1.152
535,09f228.541)
1,430
1,573
1,018
1,302
01.2,433
2'<0,851
1,2.19
109,051
84l^
155,891
4,652 1,053,62.'
Total
036
631
0,191 2.145.006
690,206
381,731»
1-08,212
17.',0S3
232,462
4,950 2,250,703
WITUUSAWN FKOU WAUUIIUUSB AND THKOWN INTO THE MAKKJCT
INO THE SAME PERIOD.
Manufactures of—
Wool
Cotton
628
203
105
385
170
Silk
Flax
Miscellaneous
169.717
ruhu.
Pka».
12, 1880.
1880.
$
Wool
1,511
1879.
Vahte.
I'lCf/S.
1,455
10,009
63,049
1,405,557
1,516,377
1.677,197
1.993,303
2,279,775
1,914,487
.
have been as follows:
EWTEBKD FOR COS8UM1TION FOB TUB WEEK ENDING ArO.
1878.
811k
Total Aug. 7, 80, 14,791,197 10.047,60-.
14,272,015 10,739,.593
July 31,^80....
13,367.433 1,5,741,911
July 24, '80....
10.924,075 15.477,913
July 17. '80....
July 10, '80.
10,979,880 17,'240,688
Aug. 9, '79.... 15,189,594 11,436,314
) .
OncauuUest.)....
01,899
50,580
50,000
7,965
100,159
7,229
9,500
1,067
238,000
28,700
. .
On rail
On lake (est.
40,004
5,451
47,032
520,085
089,451
2,516,000
3,206,000
Baltimore
bush
25,283
ImporMIIoim or Dry Goods.
The importations of dry goods at this port for the week ending
Aug. 13, 1880, and for the corresponoing weeks of 1879 ana
Manufactures of—
8.e»(i0
2,500
720.504
81,731
57,700
nyc.
bush.
Kavltii,
bush.
187
Total
Ent'd f orcouBUmpt.
market
Total on
.
.
238,816
402
209
123
201
37
68,181
72,720
83,254
17,516
155.669
71,752
95,178
52,2.55
17,481
1,557
480,487
4,652 1,653,025
1,062 39."),335
6,191 2,145,060
0.209 2.134,112
7,253|2,540,40l
FOK WAKtlHOUSE IIUUINU
KMTls^hBD
053
537
279
554
«64
»A.\Ii:
UOItr
205,900
159,9(13
184.171
114,104
28,268
2,687 752,834
4,980 2,250,792
7.067 3,003,646
fKKlOU.
.uauutaciures ol-
637
189
105
312
35
Wool
Cotton
THE DRY QOOD3 TRADE.
Frid.w.
The demand
p. M..
8ilk
Flax
Aug. 13, 1880.
for dry goods has been irregular the past week.
Miscellaneous.
..
404
116
100
321
215,130
52,086
80,948
66,915
16,333
3,099
and there was a steady movement
in prints,
ging-
hams, dress goods, knit underwear, notions, &c., from
but most descriptions
hands;
of
first
woolen goods continued
some of the leading firms having made a
staple
fair distribution of
and department goods to out-of-town
package and
retail
buyers are
still
retailers.
Both
operating with unusual cau-
and there
is
not the least tendency toward speculation in
ITUe quantity
class of goods.
Domestic Cotton Goods.— The exports of domestics for the
week ending August 10 aggregated 1,697 packages, including
1,056 to Great Britain, 298 to Brazil, 77 to Venezuela, 74 to Central America, and some smaller lots.
Brown cottons were sold
in moderate sized parcels to a fair amount, and prices were a
trifle firmer, Nashua R browns having been advanced 54c. per
yard. Bleached goods were in irregular demand, but fairly
steady, aside from low grade shirtings, on which .slight concessions were made. Wide sheetings moved slowly, and Pequot,
Boston and Fruit of the Loom sheetings were reduced in price.
Cotton flannels moved steadily, and there was a fair hand-tomouth demand for denims, ducks, cheviots, ticks, stripes, &c.,
at unchanged quotations.
Print cloths were more active at
lower prices, extra 64x64s having declined to 3%e. and 5Cx60s
to 3M@3J^c.
Prints were in fair but irregular request, and
here was a satisfactory movement in ginghams and cotton
dress fabrics.
—
China
Eartbenw
.
Glass
Gla.s6ware
Glass plate.
Buttons
Cocoa, bags.
Foreign Dry Goods.
Gambler
.
.
Gum, Arab.
Indigo
Madder, &c
Oil, OUve..
Opium
.. ..
Soda, bi.<jb.
Soda, sal...
Soda, ash..
Pla.x
Furs
Gunny
cloth
Hair
Hemp,
Hides,
bales
Ac-
embroideries were disposed of at public sale at rather
low
11.227
33,138
479,207
27,210
4,483
8,543
30.090
27,903
1,480.656
4,500
24,380
17,101
2,862
73,559
4,489
5,787
968
31,829
1,320
8,552
40,530
60,225
4.517
8.845
2,064
9,251
150,419
2 212
Hides.dr'sd
India rubber
Cvory
5,616
43,627
1,400
..
.
787
.
olasees
Metals, &o—
$
Cigars
Corks
[Fancy goods
Fish
!
Fruits,
5001
Ac—
73,300
2,933
904
382
486,889
962,618
400,142
32,400
321
67,822
108,361
30,672
829,705
43,809
507.87O
242,295
.
905.588
1,413,703
1
4,597
46.749
855,280
9,223,409
84,151
...
..
Cork
409,867
54,913
318,233
157,230
Fustic .....
Cutleiy
HaiJware...
0,183
1,16»,.51»7
$
941,170
74.992
718,550
277,467
1,240,892
1,353,921
563.596
Kaiaiua
022,594
900 Hides, undr. 10,104.023
3,100 Rice
222,778
29,708 Spices, Ac—
1,015 Cassia
141,883
Ginger.. ..
81,093
394,725
1,047 Pepper.. ..
397 Saltpetre...
277,332
300.313 Wood*—
i..euions
Oranges
Nuts
2,732
127,610
2,240
634
344,691
68,803
Unseed
value.
8.915
37,415
40,387
1,880
0,806
1879.
Ac-
8,211 Lead, pigs.
39,457
22,891 Spelter, lbs 4.715,077
133,79^ Steel
30^,071
20,543 Tin, Ijoxes. 1,018.580
3,079 Tiu8lbs.,lb8 19,130,543
5,978 Paper stock.
219,205
32,214 8uf<ar, hhds,
20.690 tcs., A bbLs.
407,448
1,405,373 Sugar, boxes
9,890 audbags... 2.182.729
Tea
446,214
25,328 Tobacco
50,050
11,629 Wiisto
838
2.247 Wines, &o.—
30,872 Champ'gne
3,529
baskets
92,283
4,175 Wines
134,138
1,933 Wool, bales.
87,009
29,654 ReporleU bji
Jewelry,ifec-
Jewetfy ..
Watches .
speolfle<l.|
1880.
Metals,
.
Bristles
lx>gwood .
Maliogany
421,401
421,281
0,732,206
238,432
224,879
92,891
320,377
195,709
311,106
89.349
427,011
126.021
Exports of Provlslous.
The following are the exports of provisions from New York,
Boston, Baltimore, Philadelphia, Montreal, Portland and New
Orleans, for week ending Aug. 7, 1880, and their distribution :
Purl:,
bbls.
To—
London
130
12
457
25
Liverpool
Glasgow
Bristol
Hull
Newcastle
Heef,
Lurti,
bbfs.
lbs.
5 1 ,000
873
46
1,081,437
65
25J
46,600
64,000
16,800
..
HartlciKxi
British ports
9.9'20
\V.
10,500
1,440,000
Havre
58
Hamburg
— Apart
from novelties in dress goods
and silks there was only a moderate demand for imported fabrics.
Staple dress goods and silks moved slowly, and millinery
goods were lightly dealt in. Men's-wear woolens were slow of
sale, and linens, white goods, laces and embroideries remained
inactive.
Millinery silks and ribbons were offered at auction
with fairly satisfactory results, and some lines of Hamburg
prices.
Cotton,bare8
Drugs, *&o
Bart, Peru.
Blea. powd.
Cochineal..
Marseilles
skirts.
5,99312,619.286
otherwise
1879.
Cliina, (fee-
.\f
Domestic Woolen Goods. The market for woolen goods has
ruled quiet, selections having been almost wholly of a hand-tomouth character and light in the aggregate. Clothing woolens
were taken in small lots by clothiers and jobbers, and there was
a moderate inquiry for fancy cloakings. Repellents were in
limited demand, aside from a few leading makes, in which there
was a steady movement. Kentucky jeans were sluggish in first
hands, but a considerable business was effected by jobbers at
low prices. Flannels continued to move steadily on account of
former orders, but new business was comparatively light. Bed
blankets remained quiet, but horse blankets were a trifle more
active.
For worsted dress goods there was a fair inquiry, and
rather more animation was observed in woolen shawls and felt
308,494
M45,006 4,9^0 2,250,702
6,19!
jjiveu in p;ickjij;«« wlicu not
i.s
1880.
Coffee, bags.
any
1,015
5,930i2,085,0*7 10,294 2,592,823
4,103
IinportB of Leadine Articles.
The following table, compiled from Custom House retams,
shows the foreign imports of leading artiel.-s at this port siuco
January 1, 18S0, and for the same period in 1879:
Coal, tons...
tion,
447,757
Total at the port...
The most important feature of the week's business was
a slight improvement in the jobbing branches of the .trade,
139,933
49,837
119,184
50,729
8,811
1,278
432,012
4,052 1,653,625
sluggish, and there was only a moderate inquiry for imported
fabrics.
471
170
143
157
08
Total
Ent'd forcousuwpt.
Business was moderately active with the cotton goods commission houses,
177,540
39,922
96,008
89,280
45,007
Bremen
Rotterdam
Antwerp
155
105
.
100
.
Brazil
00
303
....
3
75
61
porth
ilii
13(
705
25
8b
Indies..
British Col..
Other count'.
1,120
58*-
838
120
271
101
Total week
Prev'8 week
4,094
4.563
2,907
Cent.America
Arg. Republic
Am.
Cuba
So.
West
-
t
lbs.
Cheese.
Tallow,
lbs.
lbs.
93,J40
319,675
3,215,235 2,441.859
1,455,275 3,017,313
184,37.'>
360,460
23,320
837,830
3:24'.
153,017
580,700
18,200
172,057
4,888
2.499
7,121,524
541,706
43,itK>
386,700
11,000
046,636
154,6'25
63,650
1,390,325
23,750
33,360
98.400
465,233
79,350
1,025,100
1,116
4,402
15,660
138,309
393
108,900
23«,40O
61,417
10,693
28,roo
5,332
19,004
9,100
4,816
138.600
2,309
18,(500
175
Haytl
310,000
915,800
768,499
48,000
1,290,040
14,828
101,080
Bacon
..,..-
6,045
3.296
13,4S3
24,138
2,400
34,006
7,9'25
2,883
9,904,884 6,934,372 l,743,o2i
3.7.H2.240 12.893,929 7.478.879 •2.728.028
THE CHRONICLE.
188
&
Buttrick
39 Wall St, New York.
and INVESTMENT SECURITIES
BOND^ STOCKS
BdUttHT AND SOLD uN COilMISSIuN.
&
A. BUTTRICK, Member of the N. Y. Stock Eich'KO
WM. Ellima.n, Mem per of the N. Y. Mlntnn Exch'ge
C
&
Kimball, Howell
17
Joseph
ST.,
J AS.
I..
p.
w. C. McKkan.
Member of N. Y. Stock Kxch'go.
Lloyd.
Lloyd
34
6c
McKean,
WrALL STREET, NEW^ YORK.
ANIHONY. Member N. Y. Stock Exchange.
„ ^,
Member N. Y. Mining Exch'ge
&
Hatch
BANKERS,
No. 13
J AS. H. OLIPHANT,
BUT
Foote,
WALI. STREET,
&
&
Francis,
BANKERS AND BROKERS,
70 Broadway dt IS New St., New York.
ALSO,
maiden lane & James
jCor.
St.,
ALBANY,
Beers, Jr.,
BROKERS IN
Foreign Exchange, Stocks and Bonds,
63 liratl street. New York.
(P. O. Box 2,&47.)
Special attention paid to the aeKotiation of Com
merciai
BROAD STREET, NEW YORK.
19
NEW STREET,
1
NEW
WM.
DEALT
ALSO,
Daniel
BONDS
AlVn
WEDNESDAYS
aiVLLER
Buys and
A
&.
SON,
&
New
ICorU.
Co., China,
CoMMissiox Merchants and Ship Agents,
Houg Kong, Cnnton, Amoy, Foocfao^r, ^vhang*
hai and Hanko^v.
Agent In America, S. W. POMEROT, Jr.
New York Office, 59 WALL STREET.
44
Office
Central Street.
Steel Pcn§.
choice line of Investment Bonds always on
solicited.
H. Latham & Co.,
J.
INVESTMENT SECURITIES,
PINE STREET.
Insurance
or on approved margin,
the Stock Exchange.
band.
New York
City,
Chicncro,
Cincinnati,
liouis, liiHtrlct of OoliiliibiH,
Dealing
•
4
of N. Y. Stock Exchange.)
sells for cash,
Correspondence
NEW YORK.
Bailey,
S.
7
mills,
Atlantic Cotton mills
Saratoga Victory mrg. Co ., u cean mils
AND
Hosiery, Sliirts and Drawers
From Various Mills.
NEW YORK,
BOSTON,
43 & 45 White Street,
15 Chauncey Street
philadelphia,
230
j. w. dayton.
che8tndt street.
Russell
Negotiates First-CIass Railroad. State,
and City Loans.
AN1> SATURDAYS.
PINE STPllET,
E.
EUertou New
No. 11 Old Slip,
A. Moran,
all Securities dealt in at
OX
H.
.^OKNTS FOR
ITIIils, Cbicopee ITIfg, Co.
Burlington TVooleu t'o.,
Of all cUiSses of
STOCKS
No. 7
in stock.
WasIiInKtoii
Boston
(Member
REGULAR AUCTION
IN.
PINE STREET,
NEW YORK.
27
BONDS
At Auction.
ADRIAN
Companr.
Riiiitlnfc
A r:UI supply all Widths and Colors alwayi
No. 109 Dnane Street.
SEE GAS QUOTATIONS IN THIS PAPER.
of Investment and Miscellaneoua
Securities not actively dealt in at the New
York Stock ExchaiiKe.
SALES
Also, AKCnta
United State«
BROOKLYN SECURITIES,
classes
The Undersigned hold
'
•'AWNING BTKIPKS.'
AND ALL KINDS OF
Trust Companies' Stocks,
Telegraph Stocks,
Telephone Stocks,
Kallroad Stocks and Bonds.
and
kinds of
STREET RAILROAB STOCKS AND BONDS
'Ctaslight Stocks,
STOCKS
all
AND
BUYS AND SELLS
AM
And
COTTON CANVAS, KELTING DUCK, CAR COVER
ING, BAGGING, RAVENS DCCK, SAIL TWINES
*C. " ONTARIO SEAMLESS BAGS,
GAS SECURITIES,
NOYES,
C.
COTTONSAILDUCK
GAS STOCKS
YORK.
NASSAU STREET,
21
bills^
Geo. H. Prentiss,
Gas Stocks, dec,
No.
Co.,
Hilmers,McGowan & Co E.R.Mudge,Sawyer&Co
BONDS,
SECURITIES, CITY
BROOKLYN
Louis City and States of Missouri, Kansas,
Texas, Arkansas and Colorado Bonds a specialtT.
Full information fiivcn in reference to same on aplIcacioD. Coupons and dividends collected.
St.
N. Y.
Transact a General Banking Business.
STOCKS and BO.N'DS BouRht and Sold on Con;.
uLssign, and carried on MarKins.
Deposits received and Interest Allowed.
N. T.
&
Ain> skll
Buy and Sell cm Commission all Securities
CUBKENT at the NEW YORK STOCK EXCHANOK.
ALLOW Interest on Deposits. Make advances 305 OLIVE STREET, ST. LOriS, Mo.
ON APPHOVKI) COLLATEItAL.
First-class Western Investment Securities for
sale.
Turner
BrinckerhofT,
'Hasafftctnrers and Deaiern Id
ANTHONY, POOR & OUPHANT,
GOVERNMENT BONDS, STOCKS AND MISCBLBAXKERS AND BROKERS,
LANKOUS SECURITIES,
No. 19 Broad Street, New York,
Boston.
Street,
Devonshire
And 83
Co.,
P. F. Keleher
Trask
AND
raiLITARD'S HELIX NEEDLES'
400 BROADWAY, NEW YORK.
BUbJect to c heck, a nd allow inte res t on balances.
Exchange
Henky wrPooK.
& Bro.,
paid.
Buy and sell— on commission—Government, Railway and Miscellaneous Securities. Receive deposits
Bey, Sell and Carry on Margins
All Securities dealt In at the
George A. Clark
TOPEKA, KANSAS.
Loans negotiated. Collections made. Taxes
Municipal Securities bousrht and sold.
Co.,
NEW
Cui-d',
RE.4I.
86 SIXTH AVE., WEST OF KAN. AVE.,
J. P. Howell, N. p.Hendihbon,
Members N. Y. Stock Exchange.
BROADWAY AND
Co.,
XXXI
ESTATE AND INSURANCE,
H. KIMBALL,
68
&
H. R. Prather
Elliman,
BANKERS AND BROKERS,
No». 37
Commercial
Financial.
financial.
[Vol.
and
St.
Govcruincnt Securities.
FOREIGN EXCHANGE.
Stocks
A SPECIALTY.
J.
Cash paid at once for the above Securities: or
hey will be sold on commission, at seller's option
52 WILLIAM STREET.
H. Latham.
F. W. Pkrrt.
C.
.
3
I.
Hudson
&
Co.,
^tu\
mm*
OOLO MEDAL,
FABIS, 1878.
Bit Celebrated irumlers,
303-404- 70-35 -332,
I
I
and hit other etylet may be had of all dealers
throughout the world,
JosepllOillott&SoilS.
New Turk.
Insurance.
EXCHANGE COURT, NEW YORK,
Buy and sell on commission, for investment or on
margin, all securities dealt in at the New York
Stock Exchange.
B. R. Leah.
T. H. Cuktis.
c. I. Hcdson,
Member N.Y. Stock Exch.
C^
Co*
BANKERS,
W^AI.1. STREET,
MO. 18
Neiv York.
^Tmnsaet » General Banking
be purchase and
sale of
Business, Including
for
STOCKS and BONDS
Fred.
No. 52
EXCHANGE PLACE, XEW YORK.
RAILROAD SECURITIES
An intimate knowledge of
Sell
Inrestment Seearltle*.
BOX 2,64T.
P. O.
4> )I, SXDSIB, WAYI.AND TRASK.
E.J.MOBSI!
all
for the past 10 Years
A SPECIALTY.
48h or on margin.
Bar and
H. Smith,
BANKER AXD BROKER,
Investors or Dealers wishing to b«y or sell are
invited to communicate.
State. Municipal and
Railway Bends and Coupons bought and sold at best
Market Rates.
OF NEW YORK.
IF.S.WINSTON, PRESIDENT
EVERr APPROVED DESCRIPTIONO
POllCIE!
.IFE AND
ENDOWMENT
JNTEBMS AS FAVORABLE AS THOSE 01
ANY OTHER COMPANY.
ORGANIZED APRIL IEt.h 1842.
MiSSEIS0YER$80,0OO,O0C
August
THE (CHRONICLE.
14, 1880.]
Insurance.
Insurance.
Cotton.
MARINE AND fIKE IN.SURANCE.
COMMERCIAL
OFFICE OF THE
ATL ANTI C
Mutual Insurance Co.,
No*. 57
Mutual
Insurance
Co.
and 59 AVllUam
AlUHAM A
LlHHAIt,
Street.
40
BISKS.
ASSETS Jan.
EZCHANGK PLACB.
New
W. IBVING COMES,
Premiums marked
olT
HENEY
Surplus.
Decem-
1879
3,87r),101 26
Losses paid during
same
tlio
PCiio<l
1,524,331 04
Bcturng of Premiums and Expenses
The Company has the folIoTvlng
United States and Stato of NewYork Stock, City, Uank, and
840,730 77
Assets, viz.:
other Slocks
$8,875,558 00
Loans secured by Stocks, and
otherwise
1,307,900 00
Real Estate and claims duo the
Company, estimated at
500,000 00
Premium Notes and
Cilia
Ee-
cclvablo
1,522,820 35
231,455 10
Cashlu Bank
Amount of Assets
$12,437,739 51
Six per cent Iiitcrcot on the outstand-
Total
ing certiacatcs of profits Mijl bo paid to the
holders thereof, or their l.-Ral representatives,
after Tuesday, tljc
3d ot February next.
V.ar per c^nt of the Ontstanding
Ccrllflcatcs of the issue of 1870, -n-ill bo
redeemed and paid to tho holders thereof, or
their legal representatives, on and after Tuesday, the 3d of February next, from which date
on tho amomit so rcd<;emablo will
cease. The certiflcatcs to bo produced at tho
tlmo of payment, and canceled to the extent
paid.
A Dividend
of Forty per cent
is
COTTON FACTORS
States
for which certiflcatcs will bo issued
^Tuesday, tho 4tU of May next.
By order of
H.
on and after
872,484 06
JAMES BUELI President.
LIBERAL AND IMPlRTANT CONCESSIONS IN
LIFE IN8UKANCK CONTRACTS.
Examine the new form of Policy issued by
United States Life Insurance Company before
D. Jones,
Charles Dennis,
W. II. II. Moore,
The new form of Endowment Policy provides :—
If theBNTlHE RESERVE is a greater sum
than the single premium required to carry the full
amount of insurance to the end of the endowment
term, the excess shall be used as a single premium
to purchase a pure endowment, payable at the end
of the term, thus guaranteeing to the policy-holder
in every event the full value of his Reserve.
NO SURRENDER of the Policy Is required only
a notice from the policy-holder, on blanks fur-
nished by tho Company.
AFTER THREW YEARS,
Curtis,
Charles II. Russell,
Jaiacs Low,
David Lane,
Gordon W. Bumham,
A. A. Raven,
Sturgis,
Chaiics
WUliam
E. Dodge,
Eoyal Phelps,
Thomas F. Youngs,
C. A. Hand,
John D. Hewlett,
William II. Webb,
Caiarlaa P. Eurdett,
|
W1LLIA.M STREET,
Co.,
BONDS,
NEW YORK.
Ac.,
Orders In " Futures" executed at N.Y.Cotton Ezoh.
Henbt
H. Ware.
Ware
GILLIA.7
&
SCHROEUm
Schroeder,
COTTON COMMISSION MERCHANTS,
New
111 Pearl Street,
York.
Special attention paid to the execution of orden
for the purchase or sale of contracts for future de-
livery of cotton.
Liberal adTancea
made on eon-
lignments.
RESTRICTIONS
WALTER & KROHN,
COTTOiV BROKERS,
TE8TIBLE FOR ANY CAUSE, EXCEPTING
FRAUD.
The Company will, upon
lars giving full parficuliirs.
application, send Circu-
Office (.f Middle Dep;.rtmont, Boreel Building
No. 117 Broadway, N. Y., Henry W. Baldwin, Sup't
53
BEAVER STREET, NEW YORK.
O N Li Y
Direct Line to France.
GEXEKAL TRANS.\TLANTIC CO.
Betvreen New York and Havre.
From
Pier (new) No.
i'i
COMMISSION nERCITANTS,
^21 PEARL STREET,
NEW
delivery.
by Eng.
PRICE OF PASSAGE, (Including wine,
cabin. »100 and $80. Steerage
Including wine, bedding and utensils.
Return tickets at very reduced rates.
Checks drawn on Credit Lyonnals of Paris in
to suit.
•
IJE
MARSEILLES
Friday Sept 17
Sunday, Oct. 17
&
Dennis Perkins
Co.,
COTTON BROKERS,
117 Pearl street.
New York.
Orders for Spot Cotton and Futures promptly exe"
outed
A, L. Leman
Mediterranean Service.
Steamers will leave New York direct for Bordeaux
and Marseilles every month as follows
FERDINA sa DE LKSSKP8
Tuesday, August 17
VILLK
YORK.
for the purchase or sale of Contracts for Future
North River, foot of Morton
street.
this line avoid both transit
Foulke,
Special attention given to the execution of orders
Railway and the discomforts of crossing the
Channel In a small boat.
PEUKIRK, santelll
Wed., Aug. IR. 4 P M
AMERlyUE. B.JoucIa
Wed.. Aug. 25. 9 a! M
FRANCK.Trudelle
Wed.. Sept. 1,3P. M.
amounts
&
Bennet
Steamships.
&
Co.,
COTTON BROKERS,
160 SECOND STREET,
ItlACON, GEORGIA,
No.
Marshall,
George W. Lane,
Edwin D. Morgan,
^{^i:^^^A:;,---JV::
Through bills of lading granted for Genoa, Cadiz,
Barcelona. Oran and Algiers.
Entire attention paid to purcha.se and shipment of
Cotton on order for S^pinners and Exuorters.
Best of references furnished. CurrcspoQd«DOe
Robert L. Stuart,
First cabin. »100
solicited.
II.
James G. Do
Adolph I.emoync,
Bcuiamin n. Field,
Josiah O. Low,
AIJ,
and CONDITIONS in regard to travel, residence,
occupation and cause of death are removed, thus
making the Policies, after three years, INCON-
Corlles,
John Elliott,
Alexander V. Blako,
Robert B. Minium,
&
STOCKS,
;
To Havre— First
Horace Gray,
T.
streot, N.
H. Tileston
COTTON,
default.
$2ti.
Edmund W.
140 Pearl
That
llsh
Secretary.
TKUSTEE!
J.
COMMISSION' MERCHANTS.
25
surinK elsewhere.
After the premiums for three or more years hav
been paid, upon reci'lvinK tho required notice from
thea!*aured the Company will continue the Policy
In force without further piiymenls, for its FULL
FACE, lor such a period as the ENTIRE RKSERVE
will carry It.
Should the d ath of the Insured take place during
the continued term of insurance as provided for
above, the full face of the I'olicy will be paid— ns
deduction being niude for foreborne or unpaitf
premiums, exceptint' In the event of the dealt
occurring within three years after the orlgina
Travelers by
tho Bo.ard,
CHAPMAN,
Comp'y,
de-
clared on the net earned iiremiums of tho Company, for the year ending 31st December, 1879,
Forest,
Frederick Chaimcey,
Charles D. Leverlch,
WilUam Bryce,
WiUiam H. Fogg,
Peter V. King
Thomas
J3.
Coddington.
Horace K. Thurber,
W-illiam Degroot,
Henry Collins
John L. Biker.
JONES, President.
CHARLES DENNIS, Vice-President.
W. H. H. MOORE, 2d Vice-President.
J. D.
A. A.
Gwynn & Co.,
KING, Treasurer
....
....
interest
Wm.
D.
261-264 Broadway, N. Y.
A»«et»,
$4.083. 2?6 81
from 1st
Januarj-, 1879, to31st
Lewis
Fielding,
WAINWRIGIIT HABDIE,
Life Insurance
Bisks.
J.
President.
Vlco-Prea't
York.
wrder* txetnccd at the Cotton RxckangM In New
York and A,i»orpc»l ud a4TUM> made on Cotton
»nd other produce connigneil to u, or to onr corr*•pondenu la Liverpool, Mexrs. il. Newgau * Co.
and Messrs L. liosenhelm & Sons.
$5,371,048 49
bceu Issued
upon Lifo Risks; cor upon
Firo dh counocteil witli Marine
Policiea liavo
on and
$810,804 75
The United
niiums
ber,
1880
All Risks Wkittbn at Reasonable Bates.
Total amount of Jlarluo Pre-
No
1,
nERGHAXTS,
COin.^IS$IO!V
MARINE, FIRE AND INLAND NAVIGATION
Yokic, January 21, 1S80.
The Trustees, In cou'dnuitj- to tlio Charter of
the Company, submit tlio following Statemeut
of Its affairs on tlio 31st December, 1879
Premiuras received on Marino
Eisks, from 1st January, 187S,
to 31st Uoocmlmr, 1870
$.1,G09,06C 58
Premiums o:i rolicies not marlccdoir 1st January, 1879
1,071,981 91
UVRI A Co.
MoDtgomery, Ala,
LEHMAN BRO'S,
Cotton Factors
AND
INSCRES AQAIN8T
Nkw
LXIIKAN,
Co.,
Kew C'leans, La.
KAVEN, 3d
Ylc&-Presldenfc
PRICE OF PASSAGE TO DIRECT PORTS
I.UIIIS
Steerage, |32.
DEBKBIAN. Assent,
G Bow ling Green.
Wire Rope.
Atlas Mail Line.
Our Asplnwall steamers form
STBEtAND CHARCOAI.
IRON
close connection at
Panama with the steamers of the PaciUc Steam
Navigation Company, being the quickest and most
direct service betwosn New York and the west coast
of South America. Sail from pier 61 North River
For Kingston. Sava.vij la and ghevtown
Aug.
10
1
ALVO
I
:
A
:
Aug. 18 ALPS
Sept 1
ForPOKToBioo:
CLARJBEL
Aug. 13 ETNA
Aug
27
UAVTiandMAWACAlBO:
.„„„ ForNOKTHAug.31
ARDKN
ARKAN
'
I
hand from which any do»
sired
I
I
lengths
are
cut.
FLATSTKKL AND IRON
ROl'KS for Mining purposes manufactured to or*
.
Superior accommodati(.in for tlrst-class passengers
For freigiit or passage apply to
PIM, FOUWOOD 4 CO., General Agents.
No. 37 Wall street.
AND
PURPOSES
Inclined Planes, Transniis>
\slon of Power, &c. Also,
[idalvanized charcoal and
lllB for Ships' Rigging. Sua.
Ipension Biidges, Ucrrlck
f Guys. Ferry Ropes. &c.
large stock constantly oa
Sept. 16
Cakthaoe.va and 8a vanilla
. M,'!';^'*"**^'*''^""''
ATHO.s
Sep .ai AILSA
Sept. 80
'''" P"'-'"
A UX CA YES and J ACM KL
A Si'jfJo"'"'
"v
ANDES
MINING
HOISTING
•
AILSA
of superior quality
suitable for
JOHN W.
der.
IH/tSOIV
43 Broadway,
Sc
CO.,
New Yoriu
THE CHRONKJLE.
&
Stillman,
SEAMEN'S BANK BUILDING,
&
N08. 74
TO IVall
NEW
INMAN,SWANN&Co
COTTON
COMMISSION MERCHANTS,
Street,
YORK.
GENERAL COMMISSION MERCHANTS
liOANS MADE ON ACCEPT A BtE
Cotton Exchange Building,
New
101 Pearl Street,
York.
made on
LOANS MADE ON
ConsifrnmentB.
Special attention paid to the eieoution of orders
for the purchase or sale of contracts for future
SOUTHERN SECURITIES.
JOn.Y n. BARRETT.
H0H0B3T,
p.
PEARIi STREET,
(Seamen's Savinbs
NEW
Wevr
.Vorli.
KeeeiTe Consignments of Cotton and other produce.
LIBEAAL ADVANCES MADE.
Co.,
&
Henry Hentz
St.,
New
York.
to
Also execute orders for Merchandise through
FINLAY, MCIR
dc
CO.,
CALCUTTA AND BOMBAY.
FUTURE CONTRACTS FOR COTTON
on Commission
in
Wali, Stbket.
hoUKht
York.
Liberal advances on consignments of Cotton for
Sale In New York or Liverpool. Especial attention
Clven to Sale and Purchase of Future Contracts,
PEARL STREET, NEW YORK.
Future " orders executed at N. Y. Cotton Eich'ge
&
Geo. Copeland
138
James F.Wenman& Co.,
COTTON BROKERS,
No. 146 Pearl Street, near Wall, N. Y.
Established
(in
Tontine Building) 18i0.
MohrjHanemann&Cj.,
Bankers' Ledger and Record Papers,
machine Hand-JIade Papers.
Antique Parchment Papers.
Special attention given to the execution of
FI.
OR-
W. &
J.
COTTON FACTORS,
COMMISSION MEKCHANTS,
O Box
ST.
New
York.
Advances made on Consignments.
Special personal attention to the purchase and sale
O? '
CONTRACTS FOR FUTUKE DELIVERY
eiiTTON
R. M. Waters
&
OF
Co.,
S4
S.
Jemison
&
Ilf
AND
COTTON ;COMMISSION MERCHANTSNo. 10 Old Slip, New York.
& JEMISON,
GalTeston, Texas.
J.
MARTIN,
iETNA
Insurance
Unpaid
$6,914,147 79
18T9
1,
151,000,000 00
Re-insurance fund.
1,617,189 85
851,499 00—
...
losses, etc
NET SURPLUS,
Jan.
1,
1879..
4,868,683 85
$2, 045, 468 94
Xo. 2 Cortlandt St., New Work.
JAS. A. AI.EX.\NBER, A^ent.
North
&
British
Mercantile
Ins.
Co.
OF
LONDON AND EDINBURISH.
United Stales Board of Manageaient,
TORE
SOLON HUMPHREYS, Ch'r'n.(B. D. Morgan &, Co
DAVID DOWS, Esq. (David Dows & Co.)
K. P FABBRI. Esq. (i)rexel, Morgan &Co.)
Hon. S. B. CUITTKNDBN.
EZRA WHITE, Esq.
ASTOH,
Esq.
CHAS. E. WHITE, SAM. P. BLAGDEN,
Ofiice
MANAGERS,
54 William St.,
»
New York.
Liverpool
London
CO.,
&
& Globe
Insurance Company^
LOUIS.
BOTTLES,
45 William St,
JAMES
HENRY
&
W. EATON, Deputy Manager.
Aast.
Union
Deputy Manager.
ALFRED
MANURE,"
OmENT COMPLETE
agent in every thriving
And want a Kood working
Rlebniond, Va.
Ca
PELL,
Resident Manager,
Apply (with reference) to
G. CRKNSHAW^, Pres't,
CREXSHAW WAREHOUSE,
Ins.
{OF LONDON),
Ammoniated Bone Scperpuosphate of Ldie,
AND
W.
Resident Manager
Virginia
Fertilizing Co.
cotton-growing county.
PULSFOKD,
(commercial
"ORIENT.'
Atlantic
E.
GEO. W. HOYT,
'Eureka"
L.I
offer their standard brands
«
Company
OF HARTFORD.
CO.,
YORK.
best and healthiest Beer in the world. Warranted
to keep in ail climates. Agents wanted in all towns.
Ask yowr G-rocer for Conrad's Budweiser.
The
89
President.
Secretary.
J.H WASHBURN,
&:
made from imported Saazer Hops and choice
Bohemian Barley, universally acknowledged the
Co.,
BANKERS
_J100DI
CHAS.
J. J.
BITDWEISER LACtERBEER,
Special attention given to investment securitie
E.
516,390,233
Total
In
AT
COTTON COMMISSION MERCHAlfTS AND WORKa
OUIENT,
BANKERS,
BROAO STREET, NEW YORK.
on
first lien
1.858,028 00
real estate (worth *4,IM,950)
United States stocks (market value) .... 2.7^4,500 00
Bank and railroad stocks (market value) 3:39,576 25
191,350 00
State and municipal b'ds (market value)
Loans on stocks, payable on demand
6.o8.250 00
(market value $a06,896 49)
83.310 47
Interest due on 1st July. 1880
142.103 68
Balance in hands of agents
66,10J 16
Real estate
Premiums due and uncollected on poll8,429 88
cies issued at this oBlce
Ldadville, Buena Vista and Gunnison City, i^ol.; Dallas and Houston, Tex.
Sole Proprietors of the " Oriifiunl Badweiser."
Trademark registered in 18^7.
Street,
3,909.
CONRAD &
Branches
AJTD
132 Pearl
WHITMORE
BEEKMAN STREET, NEW
45
Farley, C.
9.
f329,682 45
in Banks
Bonds and mortgages, being
Cash
AGENTS:
JAMES
FOB FUTURE CONTRACTS.
H.
9I.4SS.
Plated Papers,
Bond Papers.
FINANCIAL, AGENTS
P.
IIOLIOKE,
FIRE INSURANCK:
tion of Pollcy-UolJers of
JfEW
miscellaneous.
Whiting Paper Co.,
YORK.
00
166,391 83
1,366,888 06
the United States, available for the PAYof LOSSES by FIRE and for the protec-
In
MENl'
PEARL STREET, NE^V YORK.
Mohb. clembss Fischer. H. W.Hankmank
Son of J. T llanemann
late of Knoop, Hanemanu & Co
COTTON BROKERS,
133 PEARI. STREET,
1, 8.96, 951
Co.,
Kiarket.
1)ER8
$6,390,233 89
Capital
&
both in Now York and LIVERPOOL, on reasonable
terms, and profits paid as soon as realized in either
NEW
Cash Assets
COTTON BROiCERS,
COMMISSION MERCHANT,
TVm.
$3,000,000 00
Total -Issete, .January
Tainter,
Waldron
GENERAL COTTON MERCHANTS,
97
Robert Murdoch,
New
Receive consignments of Cotton and other Produce,
and execute orJers at the Exchiinges in Liverpool.
Represented in New York at the office of
BABCOCK BKOTHERS & CO.,
'
New York and Liverpool.
111 Pearl Street,
CAPITAL....'
Reserve for Re-insurauce
Reserve for Unpaid Losses
Net Surplus
17 IVater Street, LIVERPOOIi,
60
Messrs. JAMES FINI-AY & CO.,
LIVERPOOL, LONDON AND GLASGOW.
• nd sold
8H0WINQ THE
CONDITION OF THE COMPANY ON THE FIRST
DAY OF JULY, 1880.
COMMISSION' MERCHANTS,
Advances made on Consignments
Messrs.
Building,)
Special attention given to the Purchase and Sale
of Contracts for future delivery of Cotton also,
execute orders tor Purchase and Sale of Stocks and
Bonds for Southern account.
GENERAL
WlUlam
OFFICE, 119 BROADWAY.
Fifty-Fourth Semi-annual Statement,
B.F.BABCOCK&CO.
Co.,
eOBIMISSlON MERCHANTS,
8 Sonlli
Bank
YORK.
:
Special attention given to orders for the purchase
and sale of Contraota for Future Delivery of Cotton.
OF NEW YORK,
Held
&
P. Billups
J.
C. F. Hohorst & Co.,
COTTON
COTTON
COMMISSION MERCHANTS,
COMMISSION MERCHANTS,
Nob. 74 & 76 Wall Street,
No. 125
Company
Insurance
SCOTMARY OF ASSETS
dfiHTery of cotton.
CaAS.
HOME
CASH
SECVHITY.
Xiberal aayances
14, 1880.
In§urance.
Cotton.
Cotton.
Woodward
[AnacsT
3r
&
39 Wall Street
@FedFRASER