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'
THE
xmtk
iMIttttffa
Ca
AK
HUNT'S MERCHANTS' MAGAZINE.
§, Weekly pew* payee,
REPRESENTING THE COMMERCIAL AND INDUSTRIAL INTERESTS OF THE UNITED STATES
VOL.
NEW
29.
YORK, AUGUST
Financial.
Financial.
Dickinson
Anversoise,
Antwe rp.
Paid-Up Capital,
- •
N.
9,000,000 Francs.
PHELPS,
DRAW
it
Hottebohm (Nottebohm Freres).
Fr. Dhanis (Mlchiels-Loos).
Joh. Dan Fuhrmann, Jr. (Jon. Dan. Fuhrmann.).
Louis Wibir (Ed. Weber A Cle.)
Atro.
Jules Kautensteaiou
(C. Sclimld
&
A
BUSINESS.
ASA
Eddy,
Potter, Prest.
J. J.
BOSTON,
DEALERS
IN
BONDS.
Special attention given to COLLECTION'S, and
prompt remittances made on day of payment.
Boston business paper discounted.
dence invited.
John
Cisco
J. BANKERS,
Correspon-
&
ALL INVESTMENT SKCUIUTIES BOUGHT AND
SOLD ON COMMISSION.
&
52
&
Paton
Jesup,
BANKERS,
William Street, New
York.
&
Kimball
tT.
4 Exchange Court,
New
No. 43 Exchange Place,
Sell on Commission,
Margin,
yames M. Drake
BANKERS,
H. H.
&
Co.,
Co.
AND
Mr. J. M. Drake has been a member of the New
York Stock Exchange since 1852, and will give personal attention to all business entrusted to the firm.
Buttrick
&
Elliman,
BANKEBS AND BBOKEBS,
No. 2 Nassau street,
New
York.
BONDS, STOCKS and INVESTMENT SECURITIES
BOUGHT AND SOLD ON COMMISSION.
BUTTRICK, {Members of the
C. A.
WM. ELLIMAN.
N.Y. Stock
and Mining Exchanges.
t
Wm. F. Owens.
Geo. a. Mercer.
Member. N. Y. Stock Exchange.
Owens & Mercer,
BANKERS
/or Cash, or on
Hollister
&
22 DREXEL BUILDING.
Wall St., New York,
BUY and SELL RAILROAD STOCKS and BONDS,
V. S. GOVERNMENT. STATE, CITY, and all other
Negotiable Securities. ON COMMISSION.
21
York.
Stocks, Bonds, and all Investment
Securities, in lots to suit.
York.
Have been connected with mining since the discovery of the famous Comstock Lode, and also
pioneers in the celebrated Bodie district, In which
are located the " Standard," " Bulwer," " Bodie,"
and other well-known mines. Letters and telegrams
from these districts received dally. Orders executed direct at the San Francisco Stock Excnange.
Platt k. Dickinson,
Howard C. Dickinson,
Members N. Y. Stook Exchange and N Y. Mining
Stock Exchange.
12 years membership in JV. Y. Sleek Exchange.
Buy and
New
Stocks, Railroad Bonds, Governments, and alt Securities dealt in at the N. Y. Stock Exchange, traugh t
and sold, either for Investment or on margin.
Co.,
BANKERS and BROKERS
Co.,
BANKERS AND COMMISSION MERCHANTS
2 Exchange Court, New York.
Co.,
Accounts and Agency of Banks, Corporations,
Arms and individuals received upon favorable terms.
Dividends and interest collected and remitted.
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.
R.
Street,
York.
DKPOSITS ISECBIVED SUBJECT TO CHECK AT
SIGHT, AND LNTEllEST ALLOWED ON D ,1LY
BAL vNOES.
GOVERNMENT BONDS, GOl D, STOCKS AND
R. T. Wilson
TRANSACT GENERAL DOMESTIC AND FOREIGN BANKING BUSINESS.
Son,
New
No. 59 Wall
MAKE CABLE TRANSFERS.
Btnr Commercial Paper and Bills or Excn anok
Cashier.
Maverick National Bank,
(.o> i:it\Mi;\T
BILLS ON LONDON.
Cle.)
TRANSACTS
GENERAL BANKING
P.
Co.,
JAMES STOKES.
BANKFRS,'
ANSON PHELPS STOKES.
45 WALL ST., NEW YORK.
BOARD OF DIRECTORS
Felix GRI8AK, President.
Alfrrd Maqbinay (Graff* Maqulnay), Vlce-Pres
J. B. Von per Becek (B. Von der becke}.
Otto Gvnther (Cornetlle-Davld).
Emu. dk Gottal.
Ad. Frank (Frank, Model A Cle.)
Bro's.,
BANKEBS,
&
Phelps, Stokes
I.
738.
Financial.
Banque
Centrale
NO.
16, 1879.
7
AND COMMISSION STOCK BROKERS,
Exchange Court and 52 Broadway*
Interest allowed on deposits, to be drawn at will.
Also, Contracts made and carried In New York
Cotton and Produce Kxcbanges.
Issue a Daily
Letter which will be sent on application.
We
BANKERS AND BROKERS,
Gwynne & Day,
NEW VOHK AND
llll/ll'liilli:.
Governments and Miscellaneous Securities
bought and sold on commission.
Stocks,
No. 45 w-.ll wired,
[Established 1834.1
Transact a general banking and brokerage busiesa In Railway Shares and Bonds and Government
ecurttles.
Interest allowed on deposits.
Investments carefully attended to.
NEW YORK
13
IV II.
I.
STREET,
NEW
Lyonnais, at Lyons or Paris.
Mske Cable
mvr
Buys and
sells
Bank
all
1'kim
vu Brown,
184
Pres't.
refers
I.
K A N
*
COR. OF
to
American
W. H. Patterson.
YORK,
70 State Street
GOSSLER
&
Co.,
CORRESPONDENTS of
International
Bank
of
Hamburg and
LA.
HAMBURG.
York.
Transact a General Banking Business, Including
the purchase and sale of STOCKS and BONDS for
cash or on margin.
Buy and
Sell
Cash'r.
BOSTON.
Pearl Street.
WALL STREET AND BROADWAY
New
Georgia securi-
JOHN BEREN BERG, GOSSLER
K
BANKERS,
London, (Limited.)
HOUSE IN EUROPE,
1MB '.KAVIKK .STREET,
<•
CrKj CO.
Stock Exchange.
on commission
Collections solicited.
with and
Exchange National Bank.
Corresponds
Transfer-..
Wl» BANKER.
H. H. Hollister,
8. H. Donan,
New York
ties.
NEW
«• K(
of
OF GEORGIA,
ATLANTA, GEORGIA.
liHIK.
Charles G. Johnsen,
BALTIMORE HOUSE!:
21 Sontb Street.
Citizens'
,
Issue Commercial and Travelers' Credits available
In all parts of the world. Draw Tune and Sight Ills
on the Union ank of Lon ton, and on the Credit
HOUSE:
S reet.
Members
Kountze Brothers,
BANKERS
New
43
H. H. Hollister,
Robert B. Holmes,
Investment Securities.
BOX 2.647.
P. O.
A
M. Kidder.
—
Smith
—
JJ
;
C.
W. McLkllan. Jr.
&
CO
"~
Hannaman,
INDIANAPOLIS, INDIANA,
MAKE SAFE AND
ts.
W. Trass.
1'KlMll'T
LOANS
ON
REAL ESTATE SECURITY.
:
THE CHRONICLE
&
Morgan
Co.,
Foreign Bankers.
Bank of Montreal.
Nederlandsch Indische
Handelsbank,
MALI, STKKKT,
CORNER OP BROAD, NEW YORK.
Drexel
&
Drexel, Harjes
Co.,
No.M Sooth Tbied St.,
Philadelphia.
81
&
Co
Boulevard Haussmann
CAPITAL,
SURPLUS,
$12,000,000, Gold.
5,500,000, Gold.
-
GEORGE STEPHEN,
Paris.
ANGUS,
8.
MORGAN &
ST.,
CO.,
LONDON.
JfSW YORK OFFICE,
STREET.
No*. 59 Sc 61
WALL
C. F. Smithies,
A~„„t« -
Walteb Watbon, J A « enu
Brothers
No. 59
WALL
&
ST., N.
Co.,
IT.,
[
THEY ALSO ISSUE COMMERCIAL CREDITS
MAKE CABLE TRANSFERS OF MONEY BETWEEN THIS COUNTRY AND ENGLAND, AND
DRAW BILLS OF EXCHANGE ON GREAT
BRITAIN AND IRELAND.
& W. Seligman& Co.,
J.
BANKERS,
69 EXCHANCrE PLACE,
CORNER BBOAD STKKKT. NEW TORK.
the
Dominion
No. 9 Blrcliln Lane.
Office,
JIUMIOE & CO., PARIS.
STERLING CHEQUES AND BILLS AT SIXTY
DAYS' SIGHT ON
ALEXANDERS 4c CO., LONDON.
Ctkculak Notes and Cbedits fob Travelers.
&
G.
S.
G. C. Ward,
AGENTS FOB
BARING BROTHERS & COMPANY,
52 WALL STREET. NEW YORK.
28 STATE STREET, BOSTON.
J.
&
&
N.
Commercial Credits Issued for use in Europe, China,
Japan, the East and West Indies, and South America.
Demand and Time BlUs of Exchange, payable in
London and elsewhere, bought and sold at current
rates; also Cable Transfers.
Demand Drafts on Scotland and Ireland, also en
Canada, British Columbia and San Francisco. Bills
Collected and other Banking Business transacted.
D. A. MaoTAVISH, j Agents.
A nt8
„
WM. LaWSON.
X
Merchants' Bank
NASSAU STREET.
EXCHANGE ON
33
CANADA
BANKERS, LONDON
$5,461,790 Paid Up.
Capital,
HEAD
ESQ.
OFFICE, MONTREAL.
GEORGE HAGUE, General Manager.
WM. J. INGRAM. Asst. General
BANKERS
MANCHESTER & COUNTY BANK,
"LIMITED;"
MANCHESTER, PAYABLE IN LONDON
j
NewVorkAgencF, 48 Exckauge-place.
HENRY HAGUE
Agents.
JOHN
B.
Capital,
S.
HOWLAND,
HARRIS,
JR.,
$1,000,000.
WILKIE,
President D. R.
;
Cashier
OFFICE, TORONTO.
PORT COLBORNE, ST. THOMAS
INGERSOLL, WELLAND, DUNNV'LLE, FERGUS.
Agents In London
Agents In New York:
Bosanqukt, Salt & Co.,
Bank of Montreal,
9S Lombard street.
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 terms, and
proceeds remitted to any part of the United States by
gold or currency draft on New York.
EDINBURG, AND BRANCHES;
NEW
•n
all principal cities of
SPECIAL PARTNER,
Berlin.
PAYNE A SMITHS,
UNION BANK OF LONDON.
do
do
i»
due dates.
SMITH,
Bankers, London,
New York. The BANK of NEW YORK, N.B.A..
THE
Anglo-Californian Bank
(LIMITED).
LONDON, Head Office, 3 Angel Court.
SAN FRANCISCO Office, 432 California St.
Agents. J.
& W.
-
-
Sehgman & Co.
$6,000,000.
1, TOO, 000.
Transact a general banking business. Issue Commercial credits and Bills of Exchange, available in
all parts of the world. Collections and orders fox
Bonds, Stocks, etc., executed upon the most favor,
FRED'K F. LOW,
able terms.
>
Mana™™
IGNATX STEINHART. J Managers.
P. N. LILIENTHAL, Cashier.
Boston Bankers.
Chas. A. Sweet
&
Co.,
BANKERS
STATE STREET, ROSTON.
Nederlandsche
State, City,
DEALERS IN GOVERNMENT SECURITIES, Gold
County and Railroad Bonds
H. Peck,
F.
BANKER AND BROKER.
No.
7
EXCHANGE PLACE,
1834.
BOSTON.
Pald-np 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
United States, Europe and the East ; make Collections,
Parker
bay and sell Foreign Exchange, and give advances
upon Merchandise for Export,
OLIVER S. CARTER,
STANTON BLAKE,
HENRY
Europe.
DEUTSCHE BANK,
CHKISTENSEN,
securities at
Foreign Bankers.
ESTABLISED
St., cor.
"
I
Aeent .
L. BRANDER, 1
Issue Commercial and Travelers' Credits available
in any part of tbe world. Draws Exchange, Foreign
and Inland, and makes Trans. ers of Money by Telegraph and Cable. Gives special attention to Gold and
Sliver Bullion and Specie, and to California Collections and Securities and arranges to pay Dividend*
40
OF HOLLAND,
Exchange Place.
YORK.
Make Telegraphic Money Transfers.
Draw Bills of Exchange and Issue Letter! of Credit
William
3,500,000
GEORGE
Handel-Maatschappij,
Knoblauch
Lichtenstein,
(invested in
U.S. Bonds)
I
The Netherland Trading Society
BANKERS,
Surplus,
Authorized Capital, Paid up and Reserve,
ST. CATHARINES,
NATIONAL BANK OF SCOTLAND,
&
Capital, paid up.... $10,000,000 Gold.
Imperial Bank of Canada NEW YORK
BELFAST, IRELAND;
AND ON THE
ALSO,
OF SAN FRANCISCO.
New York Agency, 62 Wall Street*
;
change, Cable Transfers, issues Credits available in
all parts of the world, makes collections in Canada
and elsewhere, and issues Drafts payable at any of
the offices of the bank in Canada. Demand Drafts
issued payable in Scotland and Ireland, and every
description of foreign banking business undertaken.
ULSTER BANKING COMPANY,
CABLE TRANSFERS AND LETTERS OF CREDIT
The Nevada Bank
on such
Manager.
LONDON. ENG.— The Clydesdale Banking Comp'y.
NEW YORK—The Bank of New York. N. B. A.
The New York Agency buys and sells Sterling Ex-
:
;
California Banks.
C. T.
Dealers in American Currency and Sterling Exchange*
SMITH, PAYNE & SMITH'S,
ft
OF
HEAD
BILLS OF
Messrs.
WALL STREET.
No. 52
H.
Co.,
RANKERS
AND
Branches:
Stuart
J.
Adolph Boissevain & Co.
COMMISSION MERCHANTS
Bank of British
AMSTERDAM, HOLLAND.
North America, Y. Correspondents.—
BLAKE BROS. CO
Co.,
No. 8 Wall Street, New York,
No. 4 Post Office Square, It ok ton.
CHEQUES AND CABLE TRANSFERS ON
A CO.,
Agents for North America,
54 wall street, new york,
88 state street, boston.
of Canada.
JOHN HAMILTON.
Vice-President, JOHN MCLENNAN,
&
RLAKE RROTHERS
;
President, the Hon.
John Munroe
business of a financial character in connection with
the trade with the Dutch East Indies.
AGENCY OF THE
Issue Letters of Credit for Travelers,
Payable In any part of Europe, Asia, Africa, Australia
and America.
Draw Bills of Exchange and make telegraphic transfers of money on Europe and California.
Issue commercial credits, make advances on shipments of staple merchandise, and transact othei
tell
London
of the werld.
Agencies in Batavia, Soerabaya and Samarang.
Correspondents in Padang.
on and make collections in Chicago and throughout
Issue, against cash deposl ed, or satisfactory guarantee of repayment, Clrcnlar Credits for Travelers, In
dollars for use in tbe United States and adjacent
countries, and In pound* sterlino for use In any part
($4,800,000 Gold.)
OFFICE IN AMSTERDAM.
Sterling Exchange, Francs and Cable
grant Commercial and Travelers' Credavailable in any part of the world ; issue drafts
Buy and
Transfers
its,
Brown
1863.
HEAD
General Manager
Attorneys akd Abekts of
OLD BROAD
ESTABLISHED IN
President
K. B.
DOMESTIC AND FOREIGN BANKERS.
No. 28
AMSTERDAM, HOLLAND.
Pald-Up Capital, 1 2,00 n, 000 Guilders
Deposits received subject to Draft. Securities, Gold.
&c. bought and sold on Commission. Interest allowed
on Deposits. Foreign Exchange. Commercial Credits.
Circular Letters for Travelers,
Cable Transfers.
available In all parts ef the world.
Messrs. J.
XXIX
Canadian Banks.
Foreign Exchange.
Drexel,
Vol.
New
York, January
Office,
E.
HAWLEY,
)
Agent*
>
for
J
America.
&
Stackpole,
BANKERS,
No. 78
DEVONSHIRE STREET
1, 1879.
142 Pearl
Street,
New York.
BOSTON.
August
THE CHRONICLE.
16, 1879.
Boston Banker*.
Ul
Southern Bankers.
TBOS.
P.
I
iiiitn ulul.
MILLER, R. II. WILLIAMS, JNO. W. MILLER^
CHAS. B. MILLER.
Massachusetts
Loan & Trust Company, Thos. P. Miller
&
Co.,
BANKERS,
MOBILE, ALABAMA.
POST OFFICB SQUARE,
No. !8
BOSTON
.
Chartered In 1870.
CAPITAL,
$500,000.
STEPHEN M. CKOSBT.
GEO. WOODS RICE.
Special attention paid to collections, with prompt
remittances at current rates of exchange on day of
puymunt.
Correspondents.— German-American Bank, New
\ork; Louisiana National Bunk, New Orleans; Bunk
of Liverpool, Liverpool.
Excbanoe
payments made before
all
&
J.
Co.,
Bankers aud Merchants,
Co.,
CONGRESS STREET,
No. 36
WILLIAM STREET,
No. 63
Commercial
<aaper.
Board
Orders executed on Commission at Brokers
at
LOANH
Auctions, and Private Sale.
and
(
..t
I
lnto«>st Psld on
THOMAS
WILLIAM
H.
B.
,-<•<
iMMKItr'l AI, IMI'KIl
DEPOSITS subject to
HATCH,
BOUDEN.
FRANK JENK INS
&
R. A. Lancaster
Co.,
BANKERS AND BROKERS.
BROADWAY, NEW YORK,
66
DIALSSB IN
Investment Securities.
GOVERNMENT BONDS. STATE. CITY, COUNTY.
RAILROAD* MISCELLANEOUS HKCUK1TIU
RAILROAD INVESTMENT SECURITIES;
Boston, Haas.
,
_
First-Class
New York,
BUY AND SELL
Collect Coupons and Dividends;
Dealers In Stocks, Bonds, Gold and
<
'.'I'f'.'i
&
Kennedy
S.
CORRESPONDENCE SOLICITED.
Brewster, Basset
B AN K ERS,
,
'
of Collateral, or prepayments In part o
for entire loans allowed.
Allow Intkrkst on
maturity of loans.
inaiicial.
I
on Commission. GOVERNMENT.
Kd
BoNlwl
rw, RAILROAD
urlUe. dealt In
the, NEW YORK STOCK KX<IIANGK.?r al"
-
MARKET.
Treasurer
President.
Loans made upon timk on Staple Merchandise
upon Bills of Lading or Warehouse Receipts.
either
C
i'p A
A nt"°
,
£ !! .t l *'•»'">
N,(
K,.
i-r. .i*iu and
L all
anil HIIKKH,
negotiate loans and draw bills of
exchange on london.
All business relating to the Construction and
Equipment of Railroads undertaken.
Bought and Sold on Commlsstoa.
Virginia Tax-ReaivabU Coupon* Bought.
B0U1BEBN SECURITIES A SPECIALTY.
LOANS NEGOTIATED.
Interest allowed on Deposits.
ty SPECIAL ATTENTION GIVEN TO
FUNDING VIRGINIA AND NORTH
CAROLINA STATE BONDS.
Investment Securities constantly on hand.
Geo. Wx. Ballou.
«eo.Wiii.Balloii&Co
8
WALL 8TRKET,
New
Hilmers, McGowan & Co
Oiorok H. Holt,
Member N. Y. Stock Exchange.
12
DEVONSHIRE
York,
Boston,
BANKERS AND BROKERS,
Street, New York.
8T0CKS AND BONDS BOUGHT AND SOLD ON
COMMERCIAL PAPER NEGOTIATED.
H.
Stanton D. Loring,
banker and broker.
No. SI STATE STREET,
63 Wall Street,
(P. 0. BOX
BROADWAY,
H. W. Rosenbaum,
Exchange Place,
51
Curtis,
STOCK BROKERS,
N. T.
Boston, Mass.
Correspondence
Baltimore Bankers.
solicited
Co.,
and information cheer-
IIALIITJIIIK.
INVESTMENT and VIRGINIA SECURITIES
Gilman, Son
62
.
specialty.
solicited
and
Information
visaed.
N. Y. CoBKKspONDKtrra— McKlm Brothers
<"o.
Austin,
Bell
•803
*
fur.
J. STOCK
BROKER,
WALNUT PLACE (316 WALNUT
In addition to a General Banking Business, buy and
sell
Government Bonds and Investment
No.
May
1,
A
Southern Bankers.
Stocks
A. K.
SPECIAJ.TY.
Cash paid at once for the above Securities'; or they
on commission, at eller's option
Wilms, Cashier.
First National
WHJIIMi I 'ON,
Collections
made on
F. Pxxzil,
President.
ti.
j
}
all
Bank,
N. C.
part* of the United States
STATE BANK,
Incorporated
)
life, j
C. T. Waleeb
Cashier.
German Bank,
LITTLE ROCK, ARK.
•CAPITAL
$75,000.
25,000.
(Paid-in)
8urfluS
Prompt attention given
to
all
F. Gilbert
No. 16 Broad
St.
&
Co.,
(near IT all),
BANKERS AND STOCK BROKERS.
NEW
Stocks bought and sold on the
YORK STOCK
on a margin of 3 percent. If desired
Equal attention given to small and large Investments.
Any Information given personally or by mall. First-
EXCHANGE
class references.
STREET,
Railroad, City, and County Bonds
and Mocks
BOUGHT AND SOLD.
New York, New England
& Western
INVESTMENT CO.
(INCORPORATED.)
Capital Stock
J.
-
•
$200,000.
NEW YORK,
31
&.
33
PINE STREET,
NEW YORK.
MONEY CAREFULLY INVESTED
for Capital-
Trustees of Estates, Guardians. Fire and Life
Insurance Companies, Savings Banks, Corporations
and other Investors. Strictly conservative.
LOANS CAREFULLY PLACED on Western
Farm Mortgages, at 8, 9 and 10 per cent Interest, and
on choice business property In Cincinnati. Cleveland, Indianapolis, Detroit. Chicago, St. Louis. Kansas City and other large Western cities. Current
interest collected without charge. Loans carefully
placed also on Real Estate in the Cities of New
York, Brooklyn, Jersey City Newark, Ac.
MUNICIPAL, DISTRICT SCHOOL, GAS AND
WATER BONDS, RAlI.ROAUand other CORPORATE BONDS
negotiated.
Alden Gaylord,
New York,
LOUIS C1XY A COUNTY BONDS
ALL CLASaBS
33 Wall
St.,
DEALVE IN
Kef era by permission
to
W.
8. Nichols
* Co, Bankers
Defaulted Bonds con-
verted Into interest-paying investments. Coupons
collected.
made to Counties, Towns
and Cities In anticipation of taxes and other
revenues. Coupons paid for states. Counties, Towns,
*
TEMPORARY LOANS
— for
WILL ACT AS STOCK TRANSFER AGENT
and also
Cities. Railroad
ST.
AXD
OP
A CO. and INVESTMENT * MISCELLANEOUS SECURITIES
business in our line.
N. Y. Coeeespondsnts, Donnell, Lawsoa
be iletrop olltau National Baoic
H.
NEW YORK
ists,
will be sold
«. 8. Burbubb, Pres't.
NEW STREET,
S. Stanton,
J.
NASSAU
19
Dealings In
Insurance
BONUS.
ROSTON, PHILADELPHIA AND CHICAGO.
PINE STREET.
ST.),
1
1878.
Securities.
Bailey,
S.
T
PHILADELPHIA.
Co.,
BANKERS,
CEDAR STREET,
E.
Orders In Stocks and Bonds promptly executed at
the Philadelphia and New nrk Boards.
&
Jr.
Beers, Jr.,
BROOKLYN SECURITIES, CITY
Gas Stocks, Ac,
fully furnished.
BANKKItS ANjJ LOOKERS,
McGovekn,
HAS REMOVED TO
ALL CLASSES OF INVESTMENT AND MISCELLANEOUS SECURITIES NOT ACTIVELY
DEALT IN AT THE NEW YORK STOCK EXCHANGE A SPECIALTY.
SIMMONS' BCILDING,
Correspondence
Com
Stocks. Railroad Bonds. Governments, and all Securities dealt In at the New York Stock Exchange
bought and sold, either for Investment or on margin,
in lots to suit, on commission only.
BUYS AND SELLS
RAILROAD BONDS AND STOCKS.
&
York.
Coleman Benedict & Co.
NEW YORK.
Coleman Benedict,
Jab.
CITY RAILROAD STOCKS & BONUS Member N. Y. Stock Exchange.
BOUGHT AND SOLD.
RAILROAD BONDS.
Wilson, Colston
New
8,8*7.)
Special attention paid to the negotiation of
merclal bills.
See quotations of City Railroads In this paper.
BOSTON.
Pliila. &,
LN
STOCK AND BOND BROKERS,
92 RROADWAY.
Grant,
L.
No. 145
Late Cashier Blackstone National Bank)
&
BROKERS
FOREIGN EXCHANGE,
COMMISSION.
Municipal Bonds.
Jackson
Co.,
2 Nassau
ST.,
BANKERS AND DEALERS IN
Dealer In CITY, COUNTY and
&
Sand, Hamilton
Companies.
Ac
•
Railroad, Mining and other corporations,
as Trustee of Bondholders.
FINANCIAL NEGOTIATIONS conducted for
States, Counties, Towns, Cities, Railroad and other
Corporations, and individuals.
John C. Short, President.
Geo. W. debevoise, Vice-President,
Wit. P. Watson, Secretary sad Treasurer.
.1
:
:
THE CHRONICLE.
Financial.
Financial.
UNION TRUST
NEW
OF
[Vol.
CO.
23
Aug.
1879
Paul Minneapolis &
Baltimore & Ohio RR.
Manitoba Railway Co.
Loan of 1879, $3,000,000,
6,
St.
YORK,
NO. 73 Broadway, Cor. Rector
Financial.
Wall St., New York,
XXES
St.
BY MORTGAGE ON THE PARKERSPer Cent Sinking SECUREDBURG
BRANCH RAILROAD.
Fund Land Grant Gold Bonds.
n.vri Ki;s APRIL 1, 1919.
AS
ACTING
HAS SPECIAL FACILITIES FOR
»12,000 PER MILE UPON COMPLETED ROAD
INTEREST 6 PER CENT, PAYABIxE OCTOTransfer Agent and
AND 2,000,000 ACRES OF LAND.
BER 1 AND APRIL 1.
Registrar of Stocks. Interest Payable January and July. Principal due
WE
ARE
AUTHORIZED
TO RECEIVE SUBAuthorized by law to act aa Executor, Administra1909. Price, 105 and Accrued Interest.
SCRIPTIONS FOR $3,000,000 OF THE
tor, Guardian, Receiver, or Trustee, and la a
Fob Sale by
ABOVE
105 AND
BONDS
AT
LEGAL DEPOSITORY FOR MONEY.
J. S. KENNEDY * CO.,
ACCRUED INTEREST.
Interest allowed on Deposits, which mar be made
63 WILLIAM STREET,
The Parkersburg Branch Railroad, which is the
and withdrawn at any time.
special security pledged for this loan, forms the
ROOSEVELT & SON,
N. B.—Checks on this Institution pass through tDe
connection between the Baltimore &. Ohio KR. Main
EDWARD KING, President.
Cleartng-House.
32 PINE STREET.
Line and the Marietta & Cincinnati Railroad, at
CAPITAL,
J.
$1,000,000.
M. McLean,
First Mortgage
Vice-President.
2d Vice-President.
1st
W*. "WHtTiwRieHT,
Texas Bonds.
EXECUTIVE COMMITTEE.
Wmlby,
E. B.
Geo. Cabot
H.
J.
Montague & Clinton
Trust Co.
sts.,
Brooklyn, N. Y.
authorized by special charter to
act as receiver, trustee, guardian, executor, or ad-
This Company
is
ministrator.
It can act as agent in the sale or management of
real estate, collect interest or dividends, receive
registry and transfer books, or make purchase and
sale of Government and other securities.
Religious and charitable institutions, and persons
unaccustomed to the transaction of business, will
And this Company a safe and convenient depository
RIPLEY ROPES, President.
for money.
CHAS. R. MARVIN. Vice-Pres't-
Edgar
M. Cullen, Counsel.
TRUSTEES:
TVm. B. Kendall, Henry Sanger, Alex. McCue,
John P. Rolfe, Chas. B.Marvin. A A. Low,
Henry K. Sheldon
H. E. Pierrepont. Dan'l Chauncey, John T. Martin,
Alex. M. White, Josiah O. Low, Ripley Ropes,
Austin Corbin. Edmund W. Corlies.
Thomas Sullivan, Abm.
B. Baylis.
WM.
R.
BUNKER,
Secretory.
STREET.
NASSAI
BASEMENT,
Deals in Investment Securities and
WANTED
Boston & New York Air Line Preferred Stock.
Toledo Logansport & Burlington Bonds.
Union & Logansport Bonds.
Columbus & Indianapolis Central Bonds.
Rome Watertown & Ogdensburg Bonds
Indianapolis & Vincennes Bonds.
New York & Oswego Midland Bonds.
Southern Railroad Bonds.
BTLEY,
INGTON & WESTERN FIRST CONSOLIDATED
AND SECOND MORTGAGE BONDS-MAIN LINE.
The Purchasing Committee hereby notify holders
of Central Trust Company Certificates that the new
securities are ready for delivery.
Certificates can be sent to AUSTIN CORBIN,
Chairman, or to either member of the Committee.
Transfers will be made without charge, and new
securities returned to the sender by express, or
otherwise, as directed.
New York, August 12, 1879.
AUSTIN CORBIN, Chairman, No, 115 Broadway.
GILES E. TAINTOR. No. 20 Broad street.
J08IAH B. BLOSSOM, No. 76 Wall street.
WANTED
MI890URI and ILLINOIS DE-
price paid for them.
address,
I..
A.
Give
<
Highest market
and
full description,
<M(|l A 1111,
BANKER AND BROKER,
124 N. Third
street, St. Louis,
Mo.
GOLD A SILVER
GOLDEN FLEECE
MINING COMPANY.
Main
Office, Reno, Washoe County, Nevada.
Office, No. 17 Broad Street.
New York
Authorized Agents at New York and Boston for the
Bale of a limited amount of stock,
M. & S. STBRNBBROBR, Bankers,
17 Broad Street, New York,
And 52 Devonshire Street, Boston.
Hatch
BANKERS,
BOVERNMENT
Foote,
No. 12 TV ALL
STREET
BUT AND SELL
BONDS, GOLD, STOCKS
ADD
Geo. H. Prentiss,
BROAD BTKSET.
GAS
STOCKS
A SPECIALTY.
MISSOURI COUNTY BONDS.
10's.
Case County, Mo., 10's.
Cape Girardean County, Mo., 10*«.
Chariton County, Mo., 8>.
Daviess County, Mo., 7's.
Henry County, Mo., 10's.
Howard County, Mo., Chariton Township.
Henry County, Mo., 10's.
Marion County, Mo., Mason Township.
Morgan County, Mo., 10's.
Pettis County, Mo., lO'n.
St. Clair County, Mo., 10's.
Kails County, Mo., 10's.
Sullivan County, Mo., Va.
WANTED BY
TOBEY & KIRK,
4 Broad Street.
A
DRGXEL, MORGAN A
CO.
Company
Pennsylvania
PER CENT REGISTERED SINKING
FUND BONDS, DUE 1907.
INTEREST PAYABLE QUARTERLY.
SIX
The total issue op »3,200,000 op these Bonds
secured by a special deposit with the Philadelphia
Trust Safe Deposit & Insurance Company of
is
$4,000,000
WAYNE
PITTSBURG FORT
AGO RAILROAD STOCK,
& CHIC-
on which stock
The Pennsylvania RR.
Co. Guarantees 7 Per Cent Annually.
A limited amount for sale by
PERKINS, LIVINGSTON &
CO.,
23 Nassau Street.
Province of Quebec
FIVE PER (i:\T
Company has been declared, payable on the 1st
day of September next, at the office of the company's agents. Messrs. Jesup, Paton & Co., No. 52
William street. New York.
The transfer books will be closed on the 20th inst.
and re-opened September 2.
C. H. FOSTER, Secretary.
GIILD
DOLLAR AND STERLING BONDS,
DUE
this
19<8.
Principal and Interest Payable at the Bank
of montreal, in new york or london.
.
OF THE ILLINOIS CENOFFICE
TRAL RAILROAD COMPANY, New
York,
Au«. 1, 1879-A Dividend of THREE (3) PER CENT
has been declared by this company, payable on the
1st day of September next, to the holders of its
capital stock as registered at 2 P. M. of the 13th
inst., after which, and until the 4th September, the
transfer books will be closed.
L. V. F. RANDOLPH, Treasurer.
OFFICE OF
THIS HOMIiSTAKI!
MINING COMPANY.
BROAD STREET,
No. 31
New York, August 12, 1879.
NO.
8.
The Regular Monthly Dividend of Thirty Cents
per share has been declared for July, payable at
the office of the transfer agents. Wells, Fargo & Co.,
65 Broadway, on the 25th inst. Transfer books close
on the 20th inst.
H. B. PARSONS,
Assistant Secretary.
UOUTHEBN NEVADA MINING CO
"SANTA
ESMERALDA CO., NEV
FE DISTRICT,
OFFICE, RENO., WASHOE CO.. NEV.
NEW YORK OFFICE, 17 BROAD ST.
Authorized Agents at New York and Boston for the
sale of a limited number of stock,
M. A S. 8TERNBERGER, Bankers,
No. 17 Broad Street, New York, and
MAIN
No. 52 Devonshire Street, BoBton.
STATES CIRCUIT COUBT,
UNITED
SOUTHERN DISTRICT OF NEW YORK.—In
Equity.— Between JOHN G. STEVENS and others,
complainants, and the NEW YORK & OSWEGO
Brooklyn Securities Bought and Sold MIDLAND
RAILROAD COMPANY and others,
Boehanan County, Mo.,
itself.
Copies of the mortgage and pledge can be inspected
at the office of the undersigned, together with a
letter from President Garrett, giving further particulars of the two corporations.
large amount of these bonds having already
been subscribed for, we reserve to ourselves the
right to advance the price at our discretion.
ALTON RAILROAD
^COMPANY, NEW YOKK. August 13, 1879.
NOTICE— A cash dividend of THREE- AND
ONE-HALF PER CENT on the Preferred Stock
and THREE PER CENT on the Common Stock of
DIVIDEND
&
MISCELLANEOUS SECURITIES.
24
(HKAI.'O A
Parkersburg, on the Ohio River. It thus forms
a portion of the trunk line from Baltimore to Cincinnati and, via the Ohio & Mississippi Railroad, to
Louisville and St. Louis. The property has been
acquired and perfected by the Baltimore & Ohio
Railway .Company at a cost exceeding $8,000,000.
The net earnings during the last fiscal year were
$186,023 20, being in themselves more than required
to meet the interest on the present issue of bonds*
independent of the undoubted security offered by
the direct obligation of the Baltimore & Ohio Railroad
:
URBANA lll,iio.ill\liDANTRLE
TON A PEKIN AND INDIANAPOLIS BLOOM-
WANTED.
All Binds of
SOLD.
CHEAT, 29 Broadway.
Atchison & Pike's Peak RR. Bonds and Stock.
Chicago & Illinois Eastern RR. Bonds and Stock.
City, County and Town Bonds of Western States.
City of St. Joseph, Mo., 7 Per Cent Bonds.
Iowa Central Railroad First Mortgage Bonds.
Danville Urbana Bloomington & Pekin Bonds.
Indianapolis & St. Louis Railroad Bonds.
8t. Louis Vandalia & Terre Haute Railroad Bonds.
Houston & Texas Central Railroad Company Stock.
Port Huron & Lake Michigan Railroad Bonds.
East Lincoln (111.) 10 Per Cent Bonds.
International & Great Northern Railroad Stock.
St. Joseph & Western Railroad Stock.
New York & Oswego Railroad First Mortgage Bonds.
N. Y. & Oswego Midland RR. Receiver's Certificates.
Utah Southern Railroad First Mortgage Bonds.
St. Louis # South Eastern Railroad Bonds.
31 Pine St., N. V.
WOT. B.
Bonds Generally.
FAULTED COUNTY BONDS.
C.
NOTICE.
Albert E. Hachfield,
19
BOUGHT AND
C. D.
The Brooklyn
Cor. of
MUNICIPAL BONDS
Ward
Wood.
OGILVI E, Secretary.
B. G. Williams,
J.
STATE, RAILROAD, COUNTY AND
Samuel WrLLWS,
Wh. Whitkwbiqht,
M. McLean,
Augustus Scuell,
J.
7
defendants.
FOR SALE BY
BLAKE BROTHERS
WAfcTEO:
CITY OF MOBILE
Past-Due Coupons.
THOMAS P. MILLER & CO.,
MOBILE, ALABAMA.
WANTED
Alabama, Soutb Carolina ic Louisiana
State Bonds;
New Orleans Jackson 6c Gt. Northern,
Mississippi Central, and mobile
6c Ohio Railroad Bonds
City of New Orleans Bonds.
;
LEVY
ork A Oswego Midland Railroad Company, in Middletown, In the County of Orange and State of New
York.
For terms and conditions of sale, reference is
made to the advertisement referred to, or can be
obtained by calling upon the Master at his office,
No. 140 Nassau street (Morse Building), in the City
KENNETH G. WHITE,
Of New York.
Master.
Dated June 28, 1879.
Alexander A Green.
Complainants' Solicitors,
Mo. 120 Broadway
New York Oitr.
6c
BORG,
38
WALL STRBET.
Ind. Bloomington 6c lVest., 1st ittort.
Danville I'rb. Hloom. A: rekln 1st.
Wabash, 1st, 2d and Consol. Int. Scrip.
Chesapeake 6c Ohio, 1st and 2d Mort.
Bonds and
Scrip.
BOUGHT AND SOLD BY
J. D.
The sale nnder the decree made in the above-entitled suit.whick has been advertised in this paper once
a week for the fifteen weeks last past, is hereby adjourned to September 26, 1879; the sale to take
?lace at the Wickham Avenue Depot of the New
CO.,
ic
54 Wall Street.
63
FOR
PROBST
6c
CO.,
EXCHANGE PLACE, NEW YORK.
TO ORDER,
SALE,
10,000 Tons
English Steel Rails,
DELIVERABLE THIS YEAR.
PHILIP
14 N.
Or A. T,
FIFTH
S.
CHVB,
JUSTICE,
PHILADELPHIA,
78 Broadway, N. T.
ST.,
mmk
HUNTS MERCHANTS' MAGAZINB,
REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OF THE UJSITED STATES.
VOL.
SATURDAY, AUGUST
29.
CONTENT8
They then reported $18,785,400
TOE CHRONICLE.
Flurry in the Money Market .... 157
Results of the Saratoga Bankers'
Convention
....
News
Commercial
15S
Can State Debts be Enforced?
The Cotton Convention
160
and
Miscellaneous
News
15»
160
1(2
THE BANKERS' GAZETTE.
Money Market,
IT.
S.
Securities,
I
Railway Stocks, Gold Market,
Foreign Exchange, N. Y. City
Banks, etc
163
I
|
Quotations of Stocks and Bonds.. 166
Loral Securities
167
Investments, and State, City and
Corporation Finances
16S
THE COMMERCIAL TIMES.
Commercial Epitome
Cotton
17-2
1
172
1"8
Breadstuff's
I
tenders,
legal
Latest Monetary and Commercial
English
Dry Goods
Imports, Exports and Receipts.
Prices Cur, ent
...
179
180
181
since
news up
to
IN
For One Year, (including postage)
For Six Months
do
Annual subscription in London (including postage)
Six mos.
ao
do
do
London
The London
office
will
20.
6 10.
£2
1
Office.
is at No. 5 Austin Friars, Old Broad
be taken at the prices above named.
Advertisements.
Transient advertisements are published at 25 cents per line for each insertion,
but when definite orders are given for five, or more, insertions, a liberal discount is made. Special Notices in Banking and Financial eclumu 60 cents per
line, each insertion.
WILLIAM B. DANA,
WILLIAM B.
& OO. Publishers,
JOUN U. FLOYD, JR. f
79 8c 81 Wimam Street,
YORE.
DANA
I
NEW
Post Office Box 4592.
tF" A
cents.
is fnrmshed at 50 cents; postage
for subscribers at $1 20.
neat file-cover
Volumes bound
on the same
is
18
13S~ For a complete set of the Commercial and Financial Chronicle—
July, 18«3. to
at the office.
date— or of Hunt's Merchants' Maoazinb,
and $41,791,408
$60,576,800;
last
In this connection it will be
note the actual changes in the lawful
money held by the banks of the three cities, within the
period named, which we give below.
Specie.
York.
Boston.
Philadel.
Legal
Speoie.
Tenders,
Tenders.
Lawful
Money.
18,785,400 41,791,400 June 2 3,563 10(1 3,886 70OJ15 938,439
"
9 3,948 600 4,168 200|l5 790,707
" 16 3,559 400 4,165 ,500115 883,014
14 18,780,900 44,851,900
" 23 3,557 700 4,118 4(111
21 19,296.900 43,859,400
.311,615
" 30 3,547 400 4,433 ,5(1(1 15 700,181
28 19,666.400 46,902,600
July 5 19,889,600 49,544,600 July 7 3,585 200 4,717 ,1(1(1 16 ,205,151
" 12 19,971.500 51,301,900
" 14 3,620 ,400,5,433 ,900,16 533,493
" 19 20,011,700 50,508,900
" 21 3,590. 900 5,390 ,800,16 307,446
" 26 19,927,000 54,288,100
" 28 3,572, 600 5,386 .300 17 405,816
Aug. 2 19,652,400 57,655,100 Aug. 4 3,567, 5005,354 200117. 396,893
••
9 19,624,100 50.435,500
lll3,561,200|5,643 900117, 590,102
June 7 18,996,700 42,822,S0O
$10
of the Chronicle
where subscriptions
of
May 31
ADVANCE:
6s.
7s.
Subscriptions will be continued until ordered stopped by a written order, or
at the publication office. The Publishers cannot be responsible for Remittances
unless made by Drafts or P.st-Offlce Money Orders.
Street,
specie,
total
the same date.
on Saturmidnight of Friday.
TERMS OF SUBSCRIPTION-PAYABLE
a
interesting \o
The Commercial and Financial Chronicle is issued
the latest
or
738.
Saturday they reported $19,624,100 specie, and $50,435,500 legal tenders, or a total of $70,059,600. So,
also, the Philadelphia and Boston banks together show
an increase in lawful money of nearly $3,000,000
New
day morning, with
NO.
1879.
16,
1839 to 1871, Inquire
FLURRY IN THE MONEY MARKET.
"
"
"
',.".
The above would seem to indicate that the Government operations have less to do with the present condition than i> generally attributed to them.
The same
truth is confirmed by the fact that in the last Treasury
statement, the one for August 1, the currency and gold
balance together amounted to about 3 millions less than
the total of the same items held July 1, and about 7
millions less than the amount held on June 1.
These
figures prove that there was no accumulation of lawful
money
the Treasury during that period, but a con-
in
siderable excess in disbursements.
With the great mass of currency now outstanding,
But notwithstanding the comparison with June 1st
amount of which we stated in detail three weeks shows that, if
all other influences were unchanged, there
since, the inference is, that interest should rule moderis nothing in the Government movements to produce the
ately low until enterprise has become quite active. stringency
of this week, yet it is a fact that, since the
the
On
the other hand, the last bank statement, for the
banks, showed only $6,752,050 excess in the
reserve over the legal minimum, and during the week a
city
7 per cent rate,
These
and even above
latter facts, if
point to an active
rates,
when
ness sets
in.
that, has been reached.
not otherwise explained, certainly
demand
fall
some
We consequently
months. It
in
hear prophecies on every
the loan market during
may be worth
of the conditions
while briefly to examine
which are producing the present
activity.
And,
in the first place,
follows.
Receipts.
for
the crops begin to
side of a serious disturbance
the
money with hardening
move freely and fall busi-
first of August, the Government has been increasing its
currency balance. The nature of this increase may be
seen in the daily Treasury statements, which have been as
it
will
be noticed that our
banks do not show any falling off in the lawful
money they hold, compared with June first, when money
city
July
Aug.
"
"
"
"
"
"
"
"
"
"
•'
Coin balance.
Cur. balance.
24 $127,567 970 7*; $35,915 ,443 24
01 127,557 553 48 36.846 129 03
78 127,455 254 03 41,827 ,422 30
92 127,573 275 83 39,639 ,861 72
00 127,869 466 94 36,639 387 73
83 127,964 ,959 53 41,757 .017 76
41
128,105 ,156 91 44.437 689 20
33 128,218 ,124 62 46,912 .036 82
06 128,170, ,444 28 45,407 ,634 40
19 128,665, 323 47 47.311 ,18897
62 128,717, 563 07 46.063 070 33
45 129,246, 409 86 47,042 BM 89
44 129.324, 845 06 46,764 786
M
According to this table, there has been an accumulation by the Treasury during the first half of the month
was comparatively easy; on the contrary, there has been of nearly
a rery material increase in their holdings since that date.
Payments,
18,622 ,979 09 $5,995 ,792
1.
:6,760 ,480 52 25,840 ,212
2.
8,624 ,077 97 3,745, ,083
4.
3,467 872 66 5,637, 474
5.
2,221 ,748 12 6,826, 031
6.
8,755 ,759 45 3.542, 626
7.
5,789 ,139 29 2,968, 270
8.
6,121 ,582 60 3.534, 257
9.
965 428 31 2,517, 511
11. 26,329 464 55 23,931, 036
12.
1,045 554 96 2,241, 428
13..
2,868, 318 80 1,360, 007
14.
1,522, 563 25 1.721, 876
31.
mulation
11 millions legal tenders.
is
Of coarse
this accu-
a prominent cause for the stringency which
THE CHRONICLE.
i;>s
[Vol.
with any lengthened review of
XXIX.
proceedings. Those
by the daily press, and
will probably all be published in pamphlet form, with
great detail, and distributed among the members for
their private perusal and study.
Mr. Comptroller
Knox's able and exhaustive address will be there, as
well as the briefer but forcible remarks of Mr. Buell,
Mr.
bank
Coe, Mr. Camp, Mr. Gibson and many others.
the
of
nature
changed
requires us to look at the
Altogether,
then, that pamphlet will be a very useful
solution
true
the
for
named,
period
business during the
as
very valuable one, and will be generally
well
as
a
situation.
the
existing
of
has prevailed, although it appears from the facts previously given that, if there had not been other causes
operating, it would not have produced that result, for
even after these large withdrawals the banks, as we
have seen, still report larger holdings of legal tenders
than in June, when money was easy. This circumstance
is a very important one in this inquiry, because it
Turning our attention, then,
in that direction,
we
have been
preserved.
find
a decided increase in the demand for money
from the holders of the 4 per cent bonds, which have
been up to this time carried by the Treasury, but are
first
of
its
laid before the public
But the members having now returned to their bank
and having these proceedings fresh in their
minds, are in excellent condition to weigh results. First
all
parlors,
being carried through the banks. This has given of all, then, it will be unanimously voted that the dele-employment to much idle capital and increased the bank gates had a good time. And we are very far from
Business men in this country
similar effect has also been produced by the undervaluing that fact.
loans.
confine
themselves
improvement
much
too
closely to their work, and
the
and
by
transactions
enlarged stock
now
j
j
A
in general business. The extent of these demands are
in some measure indicated by the fact that the aggregate
of the bank loans, August
9,
was $272,936,000,
against
if
we
we may judge
of other banks and bankers by those
no class are more thoroughly overworked than the very members of this convention. So
see in this city,
$253,575,500 June 28, an increase of nearly twenty to us it certainly seems of sufficient importance to jusmillions in six weeks. Furthermore, the larger stock tify the continuance of these meetings, even if no other
settlements, and the heavy receipts and payments of the good could be derived from them, that they promote
•Government, tend in some degree to make a more active
market, as all transfers of currency from ono point to
another must. This is well indicated in the above
statement of the Sub-Treasury, showing the daily balances which have had to be paid in and out of the SubSuch a movement must keep a considerable
Treasury.
It will be
amount of legal tenders in employment.
noticed, also, that the aggregate clearings of the banks
relaxation,
familiar
pleasant intercourse,
and lead to a more
acquaintance with one another, and a freer
exchange of ideas.
Then, again, besides these more personal advantages,
the representative bank is in some measure benefitted
through the opportunities the conventiou affords to perfect or continue business engagements, for we all carry
our shop with us. Furthermore, this annual ventilation
have been Yery large since the 1st of August larger of ideas with regard to the burdensomeness of taxation,
All these influences, the excellencies of the national banking system, <fcc.»
than for many previous weeks.
the Treasury was may convert some one, and possibly may remit some
when
acting together at a time
give a sufficient tax, for all things are possible. That it never has accomseem
would
to
balance,
adding to its
—
explanation of the causes producing the existing con-
plished anything in those directions, is of course not at
dition.
all
conclusive against continuing the effort.
two weeks
We
ex-
our doubt in its efficiency, not
solely or mainly because it never had done any good, but
long continuance of a 3 per cent money market we have chiefly because the conditions of the public mind were
revival of business enterprise must unfavorable to its effectiveness.
Grant, if you will, for
often shown.
make new uses for money and enlarge the old ones, and it is the truth, that there is among the majority of
But these facts are mainly of interest as shedding
That we could not expect the
light upon the future.
pressed,
since,
A
we
cannot hope to eat our pudding and keep it too. people an ignorant hostility to all banks, and that every
But there seems to be no good reason. for any stringency interest is striving to relieve itself from taxation at the
admitting these premises, can
or high rates. The Sub-Treasury currency balance was expense of some other
on Thursday night $46,334,927, which was, as we have any great result be expected to follow from speeches
already stated, about 1 1 millions more than on the last made at an annual meeting of bankers, the parties in
:
—
day of July; furthermore, there were that day outstand- interest, protesting, arguing, pleading for relief. Every
ing only $^0,275,000 Clearing-House certificates, so that time these arguments have been repeated in the past,
Mr. Sherman has it in his power to permanently put out immediately has come back the complacent reply that it
15 millions of currency and still have on hand a good is good enough for you; you deserve it, and more too;
have no doubt he will do so soon you are the oppressor, and not a few add, we like to hear
working balance.
In addition to you plead. Still, as we said before, it is possible that
market
of
all pressure.
and relieve the
that, there must also be shipments of gold from Europe, these protests may effect something, so let them be conwhich will further enlarge the loaning capacity of the tinued, for they harm no one, and appear to be popular
banks, and probably some of the 4 per cent bonds now among a large number of the sufferers.
being carried here will gradually find their way to
In however thus thinking over the convention and its
England or the Continent, and thus release the funds at results, does there not seem to he something lacking in
present locked up in them. Altogether, therefore, does it the proceedings ? Here is a body of men meeting from
We
fall money market ought to work year to year, acknowledged to be especially intelligent
we cannot expect to borrow at the and on financial subjects much better informed than the
which have so long been ruling.
same number of men in any other industry. They have
not seem as if the
smoothly, although
very low rates
RESULTS
OF
The convention
hrilliant speeches,
THE SARATOGA BANKERS'
under their guardianship millions upon millions of capital suffering by reason of the simple ignorance of the
CONVENTION.
majority of voters.
In the same connection too it must
American people who are thus
the
that
admitted
some be
should hardly oppressing this industry through ignorance, are peculiarly
of bankers has met, listened to
and adjourned.
We
feel justified in occupying the attention of our readers
teachable.
We
believe
that
the public
mind and
—
—
AUQC8T
THE CHRONICLE
16, 1879.]
159
doubt, from an examination of the circumstance*, that
if only enlightened, can be trusted in any emergency this has been so often, in our short history, tried the intention was to destroy the suability of States, as if
and proved that there is no basis for a doubt. Besides, it had been enacted that "a State shall not be sued";
the whole difficulty lies in a mere misapprehension, for yet this was not expressed, and the suability of States
we all know that banks, instead of being a combination was only limited.
Suppose New Hampshire sues, the first step in resistof capitalists formed to extract from the people every
necessity
ance
may be to plead, what is notoriously true, that the
and
which
instrument
the
are
cent they can,
(1)
experience have created for extending to the producer State is not the real party in interest, and that the form
the assistance of capital, and (2) that they do this at a of the suit is an attempt to evade the amendment.
Thi»
lower rate of interest than would rule if they had no plea substantially has been once made already, in the
existence, really standing between the people and the Ohio case of Osborn vs. United States Bank [9 Wheaton,
Pursuant to State law the Auditor,
usurer. These being facts, what course would good 738], in 1824.
judgment dictate ? Most certainly that these facts be put Osborn, had seized $100,000 belonging to a branch of
into such a form as to be easily understood by the class the Bank in Chillicotho in lieu of unpaid taxes.
The
intended to be reached and so excite their interest. Dry Circuit Court ordered restitution ; the Auditor appealed,
economic essays gotten up in a cheap style will not do pleading the amendment as a bar to all proceedingsthis.
But we find nothing in the proceedings of this The Auditor urged that he was really the State, and
The Bank conconvention showing a willingness to undertake this work; hence the Court had no jurisdiction.
in fact is there not shown an entire absence of apprecia- tended that it was suing Osborn, not the State, and that
a simple hacking away at the " in all cases where jurisdiction depends on the character
tion of the emergency
question of taxation when by striking at the evil itself the "of the party, reference is made to the party on the
people might be put into a frame of mind to discuss that " record, not to one who may be interested but is hoi
To this Chief
question. Non-action under such circumstances looks to " shown by the record to be a party."
"Justice Marshall said: "In cases where a State is a party
us like a great opportunity wasted.
heart,
;
—
"on the
CAN STATE DEBTS BE ENFORCED?
The
last Legislature of
New
Hampshire passed " an
"by
record, the question of jurisdiction
inspection.
is
decided
If jurisdiction depend, not
on this
" plain fact, but on the interest of the State, what rule
" has the Constitution given by which the interest is to
(New Hampshire),
" be measured ?
If no rule be given, is it to be
having claims against other States." Under the act
which is similar to one passed in this State, about a year " settled by the Court ? If so, the curious anomaly is
ago, but vetoed any citizen of New Hampshire hold- "presented of a court examining the whole testimony of
ing a dishonored claim against another State may " a cause, inquiring into, and deciding on, the extent
assign it to the State and give security for costs, where- "of a State's interest, without having the right to
upon the State Attorney-General must bring suit in the " exercise any jurisdiction in the case. Can this inquiry
name of New Hampshire. But of course any non-resi- " be made without the exercise of jurisdiction ?" If the
dent can sell or assign his claim to a New Hampshire plea of no jurisdiction is made, in the possible New
man hence, although the act professes to be for the Hampshire case, it will be on the reverse side. In the
benefit of citizens of the State only, it seems perfectly Ohio case, the appellant, Osborne, urged that the Cireasy lo extend its application, if successful, and New cuit Court had no jurisdiction against the State, sued:
Hampshire thus has taken a step towards making an through him here the defendant would plead that the
interesting test case.
appearance of the State as plaintiff was fictitious, hence,
Originally the Federal Constitution distinctly recog- that there was no jurisdiction.
Evidently the plea
nized the suability of a State by any plaintiff, and gave would be stronger than in the Ohio case, because the
the Supreme Court original jurisdiction in all cases casus there was the act of a State officer, while here the
where a State was a party. Yet this question was raised evasion and intent would be palpable. The Ohio case
in the Chisholm case [2 Dallas, 419,] and was decided was decided for the bank, the jurisdiction plea being,
Feb. 18, 1793, Chief Justice Jay pronouncing absurd overruled, but the inference that a like course would be
the doctrine that while a part of the population of a taken in the New Hampshire case is not quite clear. Of
State can be sued the whole collectively cannot be ; one thing, however, we may be sure
that the judges
accordingly, the State of Georgia, defendant, was cited would be well aware of the peculiar disagreeableness of
to appear and answer the complaint. But such was the the case, and would dismiss it if any tolerable grounds
popular feeling excited by this, assisted probably by could be found, technical or otherwise.
apprehension of other suits to follow, that in the very
But suppose the action is tried, and judgment
next month the well-known eleventh amendment was obtained ? In some States it is held that municipal
rushed through Congress, and, after five years time, private property
is,
such as is held for
that
obtained the needed ratification.
This provides that profit and charged with no public trusts or uses
" the judicial power of the United States shall not be may be sold on execution ; in other States, it is held that
"construed to extend to any suit in law or equity com- there can be no enforcement by execution. The former
" menced or prosecuted against one of the United States seems to be the more reasonable rule. As to taxes and
" by citizens of another State, or by citizens or subjects revenues, either in the Treasury or in transit to it, they
" of any foreign State." In what condition did this leave must be deemed exempt, because essential to the existthe subject ? Section 2, article 3, of the Constitution, ence and purposes of the municipality. It would be
enumerating to what the judicial power shall extend, absurd to say that a less liberal rule of exemption applies
specifies, among other things, " controversies between two to the State itself than to the municipal corporations
" or more States ; between a State and citizens of another which it creates; hence only private property of a State,
* as above defined, can be in any event liable to execution.
" State ; between citizens of different Stales *
*
"and between a State, or the citizens thereof, and Such property, if portable, like bonds in sinking funds,
" foreign States, citizens, or subjects." The amendment might not be found when wanted, or there might not be
left untouched the italicised clauses.
There is little any. Suppose public buildings are subject to levy, thej
act to protect citizens of this State
—
;
;
:
—
...
THE CHRONICLE.
160
could be of little use to a purchaser, nor could he feel sure
of getting a title which would not be disputed subsequently, or of being allowed to take possession undis-
[Vol. XXIX.
THE COTTON CONVENTION.
A convention of
delegates from most of the Cotton Exchanges
of the United States, assembled in this city
on Wednesday of
an a lawsuit or to this week and remained in session three days, adjourning sine die
Friday afternoon.
A more intelligent and justly influential
face an enraged community, and this consideration would
body of men has seldom been gotten together, and their influapply particularly to State lands, which must be person- ence, rightly directed, and enforced with energy, must be potent
ally occupied in order to be worth anything. Practically, for good to the interests confided to the Convention. The
therefore, the prospects of realizing anything by levy organization of Cotton Exchanges, though in most cities of
upon State property must be deemed very uncer- comparatively recent date, and their co-operation through a
turbed.
Nobody would want
to bid
There would then be nothing
damus
but the writ of man-
left
directing the legislature to levy a tax.
tax-officers
has often been done
to
—
resort
The legis-
might do what
any of several methods
lature might disobey, or the
of evading the duty, there being a general agreement
It has been suggested that, in
authorize the Court to appoint
might
this event, Congress
each man's share,
tax-officers, who should apportion
which would then be a separate debt due from him individually. To suppose Congress would do this is going a
great ways but suppose it done or that the Court
against any collection.
—
;
—
ghould take this step on its own responsibility the case
would then be that the tax-officers would be perfectly
willing to collect, but the people none the more 60 to
Already, however, in two cases [Rees vs. Watertown, and Heine vs. Leola Commissioners, 19 Wall., 107,
655, 1873,] the Court has refused to undertake the deli-
pay.
cate functions of taxation.
mandamus had been
plaintiff boldly
were
In one of these cases, after
tried repeatedly without effect, the
virtually trustees
and
all
properly a trust fund, for
hence he asked that
;
the federal marshal be ordered to seize and
sell
any
priv-
ate property, leaving the owner to seek redress from the
The Court positively rejected this view, and refused
do more than renew the ineffectual writ in a later
case, where thirty taxpayers were sued individually,
The doctrine urged
the same greund was taken.
in
the
Watertown case, it will be observed,
rest.
to
is
;
that of unlimited liability of
public debts
—
in
private property for
all
taxpayers are
effect, that all
mem-
bers of a general copartnership for the purposes of carry-
ing on public business. Obviously, this would be monstrous, and only in New England
there, by usage and
practice
is private
property liable at all on a public
—
—
judgment.
These
but, of course,
it
trade
;
—
—
—
*
;
took the ground that the city authorities
the purpose of paying public debts
all
have already accomplished much for the
but a great deal more is yet to be done, not in following
beaten paths, but in developing new points of interest to the
cotton grower, to factors, manufacturers and consumers harmonizing their conflicting f eelings and interests, by bringing
them to a better understanding of each other's views and needs.
The organization of the New York Cotton Exchange, by
developing the business in futures and the Financial Chronicle, by the procurement of telegraphic weekly reports of the
weather at the South and the progress of the crop inaugurated a new era in the cotton markets of the world, reducing
the risks of business, and promoting the importance of this city
as a cotton market. But the work of the National Cotton Asso.
ciation is not thereby by any means anticipated. Its monthly
reports of the movement of the crop, including the quantities
forwarded overland and taken by Northern spinners, are vainable, and when their accuracy is fully assured, will be more so.
Still, it is best to " make haste slowly."
The subject of a tare
on cotton is one which has been much discussed, and often with
a good deal of feeling. It is declared that the custom of selling
cotton by gross weight not only works hardship to the buyer,
but encourages fraudulent practices ; and yet it need cause no
surprise that the Convention was unable to decide upon changing
it
a resolution was adopted, however, relegating the matter
to the various Cotton Exchanges, with a request that a committee
of three be appointed by each to consider the subject and report
at the next annual meeting. The discussion of this matter, as
opportunity suggests or presents, cannot do any harm, and may
finally lead to its adjustment, on satisfactory terms, or at least
promote the removal of the more serious cause of complaint.
We can hardly second the suggestion that the signal service
of the United States be extended in the service of the cotton
interest.
It is hardly a function of Government to furnish
weather reports, accounts of markets and such matters for the
public use, or to guide speculation. These duties properly
belong to the Association itself or the press. What the Government may do incidentally in this way, may very well be
done ; but special efforts are of doubtful policy, as opening the
path to an undesirable influence with the course of trade.
Of the other matters that came before the Convention, we do
not now attempt to speak but we commend the calm temper
and just spirit with which tjjie Association discussed the various
subjects brought to its attention.
central organization,
tain.
crises
are
all
of
municipality suits;
must be supposed that what may not
;
plo uetavg ! ©ommevcial ^ti0lislt Mexos
be applied against the less may not be against the RATES OS EXCHANGE AT LONDON AND ON LONDON
AT LATEST DATES.
greater.
EXCHANGE AT LONDONEXCHANGE ON LONDON.
The procedure contemplated by the New Hampshire
AUGUST 1.
law seems thus beset with
every step, both legal and
and dilemmas at
We can see no
likelihood of actually getting any money by it.
Nor
should it be forgotten that this course must necessarily
raise, in the most pronounced and irritating way, the
difficulties
question of State rights, for
to have the General
What
State
it
is
—that
supreme, with few exceptions,
aries,
be a direct attempt
will
Government compel a State
sovereignty
what are the
Ox-
Time.
the
I
to pay.
a S^ate being
is,
within
an
relations
power between the States and
its
own, bound-
the limitations
Union
of States
of
—
is
Amsterdam
Amsterdam
Antwerp
.
a subject all unsettled. The organic law of this
Union forbids States to do certain things, for example,
to impair contracts and make anything except g"ld and
still
silver legal-tender;
an attempt
to proceed under this
be an attempt to revive the
situation of 1793, and force an analysis of the nature of
Hampshire law
the Government.
will
it
will
It will be an
be profitable?
Latest
Date.
interesting inquiry, but
1203i a>\2-\\
3mos. 123% ®12-3»s
u
25-45 ®25'50
Short.
Time.
Rate.
July 31 Short.
July
Short. 25-27i2®25-37is July
Paris
3rno8. 25-42J2 ®25-47 1j! July
Paris
"
20-60 ®20'64
July
Hamburg
"
20-60 ®20-64
Berlin
<
20-60 ©20-64
Frankfort
a
20-60 ©20-64
Leipzig
a
24»2®24Ss
July
st.Petcrsb'rg
M
11-77 «sail-82ia July
"
28-30 ©28-35
July
Genoa
"
46<S8®46''8
July
Madrid
ti
4678^4718
Cadiz
Lisbon
90 days
52 ©52%
July
New York...
Alexandria
July
July
Coustan'ple
July
Bombay .... 30 days
Is. 7>2d.
11
July
Calcutta ....
Is. 7 Hid.
Kong
July
Hong
Shanghai
J"ly
. .
12 03
3mos.
25-32
25-28
25-31
31 Short.
2045
29 3mos.
23%®24
31
if
31
31
<(
115-70
27-65
47-45
31 Short.
31 Cheq's
31
(
.
.
.
.
New
Rate.
practical.
.
ti
31 60 days
29 3mos.
29
31
31
31
31
(i
"
mi is.
"
4-83»a
•
9638
109-56
Is. 77e d.
Is. 7?8 d.
3s. 8*8(1.
5s. O^jd.
[From our own correspondent.]
London, Saturday, August 2, 1879.
Money has been in fair demand during the week, but the
market has presented no important feature, and the rates of dis.
count have not varied to any important extent. The supply of
idle money is very large, and as there has been no improvement
—
August
:
THE CHRONICLE.
16, 1879.1
in the general condition of trade, ease is almost certain to be the
prevailing feature until the autumnal demand seta in. The supply of bullion held by the Bank is now almost £36,000,000, and as
the French and other principal Continental exchanges are in our
favor, a further increase in it is probable. The New York
exchange, however, is still against us, and it is possible tha.
gold will be sent to America; but such a movement is not yej.
regarded with certainty. Although we shall have to import
largely, we are not at present paying anything like a high
price for wheat and other grain, and it is still possible that the
present currency of value will attract the supplies we require.
The Bank return shows no new feature. The supply of bullion and the reserve continue to increase, and the latter is now
£21,372,218 against only £8,903,407 last year. The actual quantity of
gold on hand
is
£21,960,422 in 1878.
£35,694,093, and it compares with only
" Other securities" continue to diminish
being only £17,759,826, against £18,665,658 last year. There is,
consequently, ample evidence of the abundance of money
and should the weather continue fine, and wheat and other
cereals remain low in price, it is quite probable that difficulty
will be experienced in maintaining even the present low rates of
discount. The only satisfactory feature respecting trade is
this
A few weeks ago the weather was so unpropitious and
the harvest prospect so discouraging that matters appeared to
be going from bad to worse. Ten days of brilliant weather,
however, have checked that adverse tendency, and this must be
regarded as an improvement. If bad weather was calculated to
produce depression in trade, brilliant weather should have a
contrary effect. At the same time, there is not the slightest
activity in any department, and there is still a want of confi.
dence; but there have been fewer rumors of failures, and, if
—
:
any change
is
:
.
perceptible,
it is
certainly favorable.
It
may
be
observed that August and the early part of September are seldom periods of animation in business. The season has terminated. London begins to empty itself, and politicians and men
of business are seeking recreation. Commercially, also, the
season is terminating, for the remaining portions of last year's
crops are arriving, and information is being sought after
respecting another year's crops and prospects. It is very
necessary at all times to deal with caution and judgment; but
_ .
Rank
1670.
,
market
an easy appearance,
closes with
at
the
following
quotations:
Bank
Per
cent.
rate
2
Open-market rates
30 and 60 days' bills
3 months' bills
The
%® 7s
3c8 78
Open-market rates—
Per oent.
4 months' bank bills
lHSilH
6 months' bank bills
Italia
4 <fc 6 months' trade bills. 2 ®2 H
rates of interest allowed for deposits remain as nnder:
Percent.
Joint-stock banks
Discount houses at call
do
;
'.".'.'
with 7 and 14 days' notice of
Annexed
i„
withdrawal".'.'".".!!!'.
\
a statement showing the present position of the
Bank of England, the Bank rate of discount, the price of consols, 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
1879
187 81877.
1876.
rv
,
, ,=
is
'
,
Circulation, including
bank post bills
Public deposits
£
29.0:17.121
Other deposits
Govcrnm't securities.
Other securities
Kes'vo of notes* coin
Coin and bullion In
both departments
.
.
£
28,347.702
28,758,300
3,567,.r>42
5,369,654
21,977.431 23,079.821
16,180,886 15,240,605
18.663.658 18,445,792
8,903,107 12,983,171
28.931.9S0
5,303,493
2H,61x.S77
15,702,325
16,890,302
19,621,201
33,094,093
21,900,422
33,553,131
56-26
31--16
26,741,531
^
Em
C4». 6d.
B*iad
lod'
47». La.
"3
The following are the current
cipal foreign
markets
Dank
Amsterdam
IT. ct.
.
Hamburg...
1*2®!%
2>a
3>o
2
3
3
3
2>ga2:<8
3
3
The public
Petersburg ...
Vienna & Trieste.
Madrid, Cadiz 4
Barcelona
2'4®2><J
5
Lisbon
5
St.
®2>4
«3>4
market.
IT. ct.
4
1 i.j
4
Oporto.
4
»4>*
«4>«
4 ./.".
5 t>a
3>sa4>*
6
4
aA "a 4
*4"«
3
sales of colonial wool will be
Messrs. Jacomb, Son
12th inst.
&
2 ®2H) New York
2Xf*2>« Calcutta
3 ®3>n Copenhagen
4
Genoa
Geneva
laic.
Pr. ct.
2
3
.
OpM
Bank
market.
Berlin
Frankfort.
Leipzig
Open
rate.
Pr. ct.
Paris
Brussels
rates of discount at the prin-
:
&
commenced on the
Co. report that fair
tion of the article is reported both in the
home and
consump-
Continental
manufacturing districts; the very animated demand, at enhanced values, for merino wools in the various markets of the
United States of America existing some two months ago has
since abated.
In English wool there is no recovery from the
lowest point,* which leaves prices for such at a lower level than
has been known for many years past.
Some rain has fallen during the last two days; but it has been
confined to genial showers, and has been productive of benefit
to the crops. It is again fine, and the trade for cereal produce
is very quiet.
Home supplies, however, are small, and holders
are reluctant to accept lower prices; but, owing to the abundance^
of American produce, the general tendency is favorable to
buyers.
During the week ended July 26, the sales of home-grown wheat
markets of England and Wales amounted
in the 150 principal
to only
19,089 quarters, against 26,432 quarters last year;
estimated that in the whole kingdom they were 76,350
quarters, against 105,730 quarters in 1878.
Since harvest the
sales in the 150 principal markets have been 2,420,605 quarters, against 1,80J,292 quarters; and it is computed that in the
it
is
whole kingdom
they have been 9,682,420 quarters, against
7,237,170 quarters in the corresponding period of last season.
Without reckoning the supplies furnished ex-granary at the
commencement
of the season,
quantities of wheat
and
flour
it is
estimated that the following
have been placed upon the British
markets since harvest:
1878-9.
Imports of wheat. cwt. 44,923.691
Imports of tloiu'
8,198,746
Sales
of
1877-8.
1876-7.
1875-6.
51,692.207
7,504,545
40,369.927
6,203,964
50,648,109
5,779,905
home-grown
produce
41,957,180
32,020,000
33,962,300
34,679,100
Total
95,079,617
90,676,752
80,536,191
91,106,174
of
1,721,909
1,385,772
819,449
893,640
93,357,708
89,090,980
79,716,742
90,212,534
Result
Av'go price of English
wheat for the season. 40s. 1 Id.
53s. 9d.
50s. 5d.
45s. lid.
The following figures show the imports and exports of cereal
produce into and from the United Kingdom since harvest, viz.,
from the 1st of September to the close of last week, compared
with the corresponding period in the three previous years
IMPORTS.
1878-9.
Wheat
Barley
Oats
Peas
Beans
Indian corn
Flour
1878-9.
cwt. 1,562,102
107,021
Wheat
Barley
Oats
Peas
Boans
Indian
Fiour
com
1877-8.
1876-7.
31,092,207 40,369,927
13,253,326 12,1S6,563
11,318,928 11,027,027
1,251,755
1,677,370
2,624,728
4,170,522
34,099,192 31,673,900
6,203,964
7,504,545
EXPORTS.
cwt. 44,923,691
9,638,579
10,688,775
1,503,998
1,565,067
35,053,837
8,193,746
95,365
24,811
16,692
471,651
159.807
1877-8.
1,500,536
62,484
111,048
19,801
19,560
227,263
85,446
1876-7.
772,716
49,978
85,995
22,693
31,540
490,738
46,733
1875-6.
50,618.169
7,811.940
11,302.637
1,360,448
2,715,170
27,702,943
5,776,905
1875-6.
863,524
23.902
356,300
38.465
10,118
48.595
30,166
£
4,378,460
33,203,487
16,749.642
17,759,826
21,372,218
Pro|Mii(.ion of reserve
to liabilities
£
44«. 7d.
O&sd.
6"i6'l-
1870-
p. c
fc 5
9ft
rupee.
Deduct
exports
wheat and flour
Partly in connection with the Stock Exchange settlements,
money has been in moderate demand during the week; but the
1877.
2
p. c.
The New York exchange, however, is favorable to an export of
gold. The silver market is weaker, and the price of fine bars
is now only 51 %d. per ounce.
The Indian exchanges are lower,
and the Council bills were sold on Wednesday at Is. 7^d. per
indications that the public will for a long time to
studious to obtain full value for their money.
come be very
4
l)77g
47s. 7d.
5
0\«d.
10l
U"<td
Cleariiig-IIoiiKcreturn 73,082.000 108,672,000 103.893.000 103.36o"o00
The Paris exchange is in our favor, and as far as the Continent is concerned, the tendency is for gold to come to London.
and
especially desirous to
1878.
2n.r.
rate
Consols
Kng. wheat, av. price.
Mid. Upland cotton...
No. 40 mule twist
do so now when competition is great
and when profits are small. Business generally is conducted
on fine lines, and we are daily becoming more accustomed to
cash payments. The domestic extravagances of former years
and the troubles they have entailed, have brought about rather
a rigid sy3tem of economy. Co-operative stores are doing
a
larger trade than ever, and other means are being adopted with
a view to deal more direct with the producer. By thus econo.
mizing, the large middle class is accumulating wealth, and
thus the process is in operation of a more even distribution of
money, which is one basis of good trade. Extravagant living
on a somewhat general scale, benefitted somebody, but it
brought about evil results, and the remedy is now being applied
"We are discovering that economy is profitable, and there are
it is
1(51
EnsUtth Illarket lleporta— Per Cable.
London and
Liverpool for the past week, as reported by cable, are shown in
the following summary:
London Monty and Stock Market.— The bullion in the Bank
of England has increased £36,000 during the week.
The
daily closing quotations in tha markets of
——
—
—
...
.
Frl.
Bat.
Mon. Tues.
Wed. Thurs.
Aug.9. Aug. 11. Aug. 1 2. Aug.13. Aug.14. Aug.15.
51 9 i6
51%
51%
51%
51%
51%
977 le
070 ia
97» M
97%
97»i 8
97?i 8
97<> 18
97» 16 97%
97» l8
97%
97%
105% 105=8 105% 105% 105% 105%
109% 109% 109% 109% X108 1* 108%
per oj:
Consols for money
•Consols for account
d.
fiilver,
U.S.5sofl881
U. 8. 4%s of 1891
104% 104% 104%
28
28%
29%
28%
28%
Erie, common stock
90
92%
93
93% x90%
XlHnois Central
42
41%
41% 42
42%
Pennsylvania
20%
20%
20%
21
20%
Philadelphia.!; Reading. 20%
Liverpool Cotton Market. See special report on cotton.
Liverjiool Breadstuff's Market.—
of
105%
28%
93%
105%
105%
1907
Sat.
d.
».
Flour (ex. State)
<Q
9
8
8
9
9
9
9
8
4 8
1
4
7% 4
Liverpool Provisions Market.
7%
—
Mon.
Sat.
d.
g.
Pork, West. mess. .$bbl.49
clear, cwt.. 25 6
" ..26
Short clear
Beef, pr. mess, $ tierce
Lard, prime West. $cwt.30 6
Cheese, Am. choice " 31 6
Bacon, long
Pet'leum,
ref.
$gal...
Pet'leiun. spirits "
..
®
®
..
t;
6
8
8
8
o
o
3
8
8
8
51%
from Aug
4
Tolls
49
25 6
26 6
49
25 6
20 6
31
31
81
—
6 ^6%
6%®7
8.
49
26
26
6
48
26
20
31
30
Ill
9
1
•Pork
"Cheese
8
"Lard, tallow, and
lard oil
Wood
•Ashes, leached.
9%
Thurs.
d.
Fri.
d.
48
26
26
6
1
31
31
t
30
30
Wed.
Thurs.
d.
d.
d.
6
..
®
@
..
..
•»
.
6
®6%
.
®
.
1877.
$2,165,563
2,875,386
1878.
$2,161,125
3,677,513
$1,933,920
3,575,331
Total week
$5,760,715
Prev. reported.. 179,753,902
$5,040,919
203,474,093
$5,838,638
169,725,908
$5,509,251
183,757,727
1879.
Tot. s'ce Jan. 1.. $185,514,617 $208,515,042 $175,564,546 $189,266,978
In our report of the dry goods trade will be found the imports
•of dry goods for one week later.
The following is a statement of the exports (exclusive of
specie) from the port of New York to foreign ports for the
week ending Aug. 12:
EXPORTS FROM NEW YORK FOR THE WEEK.
1876.
$5,918,086
154,171,765
1877.
$4,477,547
160,410,808
1878.
1879.
$6,979,850
190,805,568
$6,636,779
203,296,650
Tot. s'ce Jan. 1.. $160,089,851 $164,838,355 $209,933,426 $197,785,418
following will show the exports of specie from the port
for the week ending Aug. 9, 1879. and also a
comparison of the total since January 1, 1879 with the corresponding totals for several previous years:
The
New York
5—Str. St. Laurent
9—Str. Weser
Havre
London
Fr. silver coin.
Am. silv. bars.
$5,000
50,000
gold).
Total for the week ($55,000 silver, and
$55,000
Previously reported ($9,724,709 silver, and $1,939,768 gold). 11,664,477
Tot. since Jan.1,'79 ($9,779,709 silver, and $1,939,768 gold).$ll,719,477
Same time in
Same time in
$39,641,425 1870
$9,423,779 1874
$42,990,445
22,348.415 1873
39,329,248 1869
24,220,964
55.820,441 1868
38,235,882 1872
63,238,187
52,877,856 1867
60,810,167 1871
39,206,638
The imports of specie at this port for the same periods have
been as follows:
Same time in
1878
1877
1876
1875
Aug.
4—Str. St. Domingo
4— Str. Niagara
4—Brig Emily
4- Str. Weser
4—Str. Crescent City
Porto Plata
Am.
Havana
Gold dust
Foreign gold
8— Str.
Am.
Bremen
Trade dols
Aspinwall
Am.
Am.
180
. .
silver
Am.
*
silver
gold
Foreign gold.
Kingston
C. of Washington-Havana
Rhein
Bremen
Ailsa
$30,622
silver
Belize
—Str. Claribel
G
6—Str.
8—Str.
.
silver
Foreign gold...
Trade dols
Prince and
Porto
Aspinwall
Wheat
Rye
9,493
Am.
Am.
silver
20,000
6,207
24,333
650
20,000
3,000
2,364
115,700
19,466
19
6
.
-Coffee
Nails, spikes,
17,253
17
Flint,
355
125
1,337
1,328
.
40
2
11
tob.
•Clover & gr's seed
•Flaxseed
134
21
7
7
104
9
Gypsum
Iron ore
Petr'lcum or earth
oil,
2
636
"43'i
1,530
57
500
973
104
435
408
4,567
5,328
223
115
1,301
2,346
92
3
334
14
166
100
230
2,691
.
4
166
enamel
crock'ry, glasaw.
All other mdse.
Stone, lime & clay
187 Anthracite coal..
7 Bituminous coal.
150
366
6
11
and
54
15,650
Potatoes
•Dried fruit
•Cotton
cr'de & ref 'd
Sundries
125
105
1.997
7,395
3,912
5,661
428
148
22,754
9,656
7,830
34,019
0,040
11,010
759
46
5,634
8,081
39
Total tons.
134,837 188,596
Articles marked thus are in the " Free List."
Pennsylvania & Delaware.— By virtue of a decree of the
United States Circuit Court, the Pennsylvania and Delaware
Railroad, running from Pomeroy, Penn., to Delaware City, 41
*
was sold at public auction in Philadelphia, Aug. 12. It
was bought by Dell Noblitt for $100,000.
Pennsylvania Railroad. A new corporation has been formed
by the Pennsylvania Railroad Company, under the title of the
Grermantown & Chestnut Hill Railroad Company, to build a
branch from the Pennsylvania road through Grermantown to
Chestnut Hill, and to come into the city over the new elevated
miles,
—
railroad direct to the heart of the city.
The Pennsylvania RR.
took one-half the stock and, on Aug. 8, the subscription books
were opened for the sale of the residue of the stock. The
entire amount of the capital, $500,000, or rather the residue not
previously subscribed for, was taken before the close of the
day.
Sclma & Gnlf. This road is toTbe sold at Selma, Ala., Sept.
The
22, under a decree of the Alabama Court of Chancery.
minimum price is fixed at $80,000, and the purchaser will be
Receiver's
in
cash
or
Cerrequired to pay $50,000 of his bid
tificates, the balance to be payable in bonds and over-due
coupons. The sale includes the finished road from the Alabama
River opposite Selma to Pineapple, 40 miles, and the franchise,
right of way, etc., from Pineapple southward to the Pensacola
Railroad near Pollard, Ala., 60 miles.
To Mr. D. H. Talbot of Sioux City, Iowa, we are indebted
for the first number of a monthly journal, of which he is the
manager and proprietor, entitled the Cosmopolite. This newcandidate for public favor comes as a handsome sixteen-page
journal of the style of Mr. Forney's Progress, and, as its name
imports, will be cosmopolitan in its character, having a place
for news of an appropriate sort from all parts of the world.
From various quotations in the present number, we infer that
the religious (?) tone of the paper will be akin to the wellknown sentiments of Col. Bob Ingersoll of Illinois.
The Southern Nevada Mining Company, 17 Broad street,
New York, report receiving at their office from Messrs. L.
Meyers & Co., assayers, Newark, N. J., a statement of the working
of 96 pounds of medium grade ore from their mines in Nevada
with the following result, viz.: Gold, 209 61-96 ounces, $4 33
silver, 4,681 41-48 ounces, $5 24 ; lead, 11-979 percent., 49 cents
total, $10 06, being equivalent to gold, $90 20 ; silver, $109 16 ;
lead $10 20 ; or a total of $209 57 per ton of 2.000 pounds.
Their new furnace is also on the way to the mines and shipments of bullion are expected by the middle of October or first
—
—
of
November.
Attention is called to the notice in our advertising columns,
by Messrs. Austin Corbin, G. E. Taintor and J. B. Blossom,
purchasing committee of the Danville TJrbana Bloomington &
Pekin Railroad and Indianapolis Blocmington & Western Railroad. As the election of directors takes place Sept. 10, 1879,
bondholders are requested to send their proxies in the name of
the committee to Austin Corbin, chairman, 115 Broadway, New
issued
York
2,423
Domestic salt..
Foreign salt
Sugar
Molasses
.
3
1
spirits.
horsesnoes
Iron and s*eel
Railroad iron
5
.
1879.
Tons.
meal & cake..
•Leather
Furniture
•Bar and pig lead.
Pig iron
Bloom & bar iron.
Cast'gs & iron w're
•Domestic w'lens.
•Domestic cottons
312
34,136
943
•Hemp
1876.
$2,085,410
3,675,305
Prev. reported..
2
109
•Unmanuf.
.
week, compared with those of the preceding week, show
decrease in both dry goods and general merchandise.
The total imports were $5,509,251, against $6,804,835 the preceding week and $6,168,413 two weeks previous. The exports
for the week ended Aug. 12 amounted to $6,979,850, against
^7,765,809 last week and $6,512,830 the previous week. The
following are the imports at New York for the week ending
(for dry goods) Aug. 7 and for the week ending (for general
merchandise) Aug. 8:
FOREIGN IMPORTS AT NEW YORK FOE THE WEEK.
For the week....
51
*Flour
Bran & ship stuffs.
Peas and beans.
Frl.
d.
337
3
.
Tues.
1,834
1,904
1
Corn
•Corn meal
Barley
Barley malt
Oats
-a
General mdse...
.
1,571
1,456
1,515
8
•Wool
Hides
Commercial VLU&$$ttsttllmxzoxi5 %zws.
Imports and Exports for the Week. —The imports of last
Dry Goods
2
..
Staves
410
*.
Tons.
Boards& scantling 36,651 44,860
301
381
Timber
430
1,511
8 8
8 O
8 11
9
•Domestic
•Oil
*Fur and peltry
1878.
Tons.
•Hops
Tons.
Articles.
9
Wed.
./.
Articles.
$21,059 $32,366
174,424 292,298
6
XXIX.
1878 and 1879:
1879.
Shingles
9
4
7, inclusive,
Total miles boats
Fri.
2:!
!•
'.)
Aug.
to
1.
1878.
d.
s.
o
3
o
B%
*.
d.
..
j;i
Tues.
d.
8.
London, Petroleum Market.
Sat.
Mon.
d.
d.
9
9
9
4
1
9
Thurs.
d,
9
9
9
9
9
4
Corn,mix,sft,old,<gcent'l 4
"
4
Prime, new
9
8
8
Wed.
Tues.
d.
*.
24
bid.. 24
Wheat,spr'g,No.2,1001b.
"
Spring, No. 3...
"
Winter,West.,u.
"
Southern, new .
"
Av.Cal. white..
"
California club.
Mon.
[Vol.
Canal Tolls and Business.— Mr. G. W. Schuyler, the Canal
Auditor, furnishes the following comparatiye statement, showing
the total quantity (in tons) of each article cleared on the canals
—
of
;;
THE CHRONICLE
162
U.S. 4s
—
.
..
City.
—Investors will do well to give attention to the 1st mortgage
7 per cent sinking fund land grant gold bonds of the St.
5,718 Paul Minneapolis & Manitoba Railway Company, now offered
J. S. Kennedy & Co., 63
Total for the week ($86,065 silver, and $165,467 gold)
$251,532 at 105 and accrued interest, by Messrs.
Previously reported ($5,387,590 silver, and $839,290 gold) .. 6,226,880 William street, and Roosevelt & Son, 32 Pine street, N. Y.
—The regular monthly dividend of 30 cents per share (for
Tot. since Jan. 1,*79 ($5,473,655 silver, and $1,004,757 gold).$6,478,412
Same time inSame tune in
Same time inJuly) has been declared by the Homestake Mining Company
1878
$3,140,451 1870
$14,209,773 1874
$7,522,480 payable at Wells Fargo & Co's on the 25th. Transfers close on
1877
7.786,313 1873
2,964,763 1869
9,824,531
July product of the mine was over ?o2,000
1876
2,851,680 1872
2,819,669 1868
4,866,850 the 20th. The
1875
8,137,570 1871
7,425,207 1867
1,743,560 gold.
gold
Foreign gold. .
Gold dust
387
482
.
.
Atjgcst
1
.
THK CHKONICLE
16, 1879.]
ir,:i
Closing prices at the N. Y. Board have been as follows:
No
National Banks organized during the past week.
UIVIDKNDM.
The
following dividends have recently been announced:
Name of Company.
Per
When
Cent.
Payable.
Books Closed.
(Days
inclusive.)
Railroads.
Atchison Topeka &. Santa Fe.
Chicago & Alton, preferred
. .
11
common
Do
Kansas City Topeka
<fc
Western
.
3
$3
Aug.
25 Aug.
Sept.
1 Aug.
1 Aug.
Sept.
Aug. 25 'Aug.
FBIOAI, AUGUST
15,
The money market and Financial
to Aug. 23
to Sept. 1
to Si- 'I. 1
to Aug. 25
16
21
21
16
1
1870-5 P.
situation.
HI.
— There
6s,
6a,
6s,
6s,
5s,
5s,
1880
1880
1881
Aug.
Aug.
Ang.
9.
11.
12.
•104
•104
reg
coup
coup.
reg.
coup.
reg.
cur'cy,
cur'oy,
cur'oy,
cur'oy,
cur'cy,
104>s]'103»i
tt Sf
I
103 \ •1034
103»H •103 4
Kili- •104
•103V 103% 103%
105>«
100',
-.
i-iiiiji.
•1214 121
1895.. reg.
1896. .reg.
1897.. reg.
1898. .reg.
1899.. reg.
Hi
"121
•i2i%*i2m
•122
mi'*
•102 4
1024
KM', •104 4
l
*105%[M054 105"),
101% 101 ia mi
Uili*
101% 101 'a lurs 101
reg.
104'i
1021(1
102 «
•106
coup.
1907..,
Ail
tt"
108%
*104ia "10-1 "a 1044 l'JI'-l
•104 Hi 1044, a 1044 1041*
102»s 102VM02U 102 K»
102 »s 1023b 10214 •102 8
IIP
l'H'i lur. •lur*
'a
reg.
1881
1881
1881
44s, 1891
4«as, 1891
4s, 1907
4s,
6s,
6s,
6s,
6s,
6s,
Inlcri-hl
IVrioili..
I0ff*i
•121
•121
120
120
•1224 •122
121 >a •121
•123 •12241*121% •121
'1234 •1224 1*122 •121
120
120
120
lO.Vh,
101
101
•120
•ISO'S
•121
•1214
•122
has been much animation in Wall street this week, in conse• This is the price bid
no $alt was made at tbe Board.
quence of the considerable break in stocks and irregularity in
The range in prices since January 1, 1879, and the amount
the money market. The recent extraordinary rise in stocks culof each class of bonds outstanding Aug. 1, 1879, were as
minated when Lake Shore touched 93, and since then the decline
follows:
has been large, and heavy blocks of all the speculative stocks
Range since Jan. 1, 1879.
have been thrown on the market. The special lever by which
Amount Aug. 1, 1879.
Lowest.
Highest.
Stocks were rapidly pushed upward was the old rumor of a lease
Registered.
Coupon.
to be made of the Lake Shore road to New York Central & 6s, 1880-1. .cp. 103*8 Aug. 14 107»8Jiine23 $204,496,100, $78,240,250
Hudson, and although such an agreement has been put out of 5s, 1881....cp. 102 Aug. 14 1074 Jan. 15 267,101,700 241,338,650
44s, 1891. .cp. 104 Mch. 21 108 Hay 21 166,050,350)
83,948,650
the way for the time being, the stockbrokers who look beyond 4s, 1907.... cp. 99 Apr. 1 1034 May 21 448,589,800' •286,142,950;
I
64,623,512!
will not consider it as ultimately improba- 6s, cur'noy.reg. 1194 Jan. 4 128 May 31
•This amount does not include $6,058,350 of Refunding Certificates
motive for such a lease has hardly been touched
outstanding on Aug. 1.
upon in the newspaper discussions of the subject, viz. to enable
Closing prices of securities in London for three weeks past and
the owners of New York Central stock to realize more than 8
per cent per year on their holdings without making this too pal- the range since Jan. 1, 1879, were as follows:
pable to the public. Should New York Central begin to pay 10
Aug. Aug. Aug. Range since Jan. 1, 1879.
per cent per annum on its present stock, there would be an out8.
15.
Lowest.
Highest.
cry, but if the surplus earnings of Central should be applied to
1054 ior>-\ 1054 105 July 16 109% Jan. 4
paying dividends on Lake Shore stock (held by the same parties), U.S. 5s of 1881..
U. B. 44s of 1891
1093e 1094 1084 1064 Mch. 24 110 May 2
the matter would not be so palpable. Kock Island now pays 10 U.S. 4s of 1907..
1054 105 1044 101 Mch. 20 1054 May 22
per cent per annum by a small subterfuge, and there has been
State and Railroad Bonds. Tennessee bonds are lower since
much talk of a lease of the Missouri Kansas & Texas road to the
Chicago Burlington & Quincy, which would result in an the failure of the compromise proposition at the recent election.
application of the earnings of the latter company to pay- Louisiana bonds are inactive, without much change in prices.
ing interest or dividends not earned on the leased line. In all The Funding Association report that about $12,000,000 of Virthese cases it is understood that the holders of the stock of the ginia bonds have come in for funding under the new plan.
lessee company have purchased all they want of the lessor's
Railroad bonds have been less active, but prices are well mainstock or bonds before the arrangement is made. This method of tained except of those bonds held on speculation, which are influincreasing income by the managers of leading railroads is worthy enced by the decline in stocks.
of notice as one of the features of the times, when plain 10 per
Messrs. A. H. Muller & Son sold the following at auction:
cent dividends invite unfavorable comment and hostile legis-
the present
ble.
The
moment
real
:
—
S/iares.
lation.
The money market has been very
166
110
16 Continental Fire Ins
10 Imp'rs'
A Traders'
Ins. Co.
103 4
170
10 Rutgers Insurance
and at times quite 50Phenix Fire Ins
Ill® 1 114 20 Kings County Insurance. .174
Phenix Ins. Co
stringent to stock borrowers, the rates ranging up to 7 per cent 30 Greenwich Ins. Co
205
6 Bowery Insurance
280
10
per annum, and a commission of 1-32 or 1-10 per day in addition.
Closing prices of leading State bonds for two weeks past, and
The range of the week is all the way from 3 per cent to 7 per
the range since Jan. 1, 1879, have been as follows:
cent and 1-16 per day, with very little business to stock borrowers to-day at less than 7 per cent. Prime paper is nominal at
Range since Jan. 1, 1879.
Aug. Aug.
States.
15.
8.
5@6 per cent. The activity in loans is chiefly due to the calling
Highest.
Lowest.
in of money from the banks to the Treasury, for the purpose of
Jan. 6
•37
24
69
36
July
.37
•1034 103=bMcu. 5 107% June lO
paying called bonds, and the stringency from this cause is not
7
25
•23% •23
Feb.
18
8
e June 14
expected to be of long duration. As to time loans and commer'32
304 Aug. 14 42 Feb. 13
June 20
•80
73%
June
20
73%
cial paper the prospects of a more active Fall trade naturally
41% Apr. 29 44 Mch. 2»
ao
do
2d series.
May 23
ereate a hardening tendency as September approaches.
gS-'Si
794 Jan. 3
District of Columbia 3-65s..
The Bank of England statement on Thursday showed a gain
* This is the price bid
no sale was made at the Board.
of £36,000 in bullion for the week, and the percentage of reserve
Stocks. The stock market
miscellaneous
Railroad
and
was 56 1-16, against 55J the previous week. The discount rate
has shown great activity and a heavy decline in prices. The
remains unchanged at 2 per cent.
The last statement of the New York City Clearing-House banks, week opened with extraordinary buoyancy and the market adissued August 9, showed a decrease of $6,862,775 in the exces s vanced rapidly, led by Lake Shore, which sold up to 93 on Tuesabove their 25 per cent legal reserve, the whole of such excess day morning, under the stimulus of a confident rumor that the
road would be leased to N. Y. Central & Hudson. The rumor
being $6,752,050, against $13,614,825 the previous week.
The following table shows the changes from the previous week was contradicted, and Lake Shore fell off rapidly, and on Thursday, when the directors met at Saratoga and did not mention the
and a comparison with the two preceding years.
subject, the stock sold down to 84|, and to-day touched 83i, selL
irregular,
;
—
1879.
Aug.
9.
Differ'nce8fr'm
previous week.
1878.
Aug. 10.
1877.
Aug.
11.
Loans and dis. $272,930,000 Inc .$5,655,900 $240,220,100 $245,377,200
Bpecie
Circulation .
Net deposits
.
Legal tenders.
19.624.100
20.682.100
253,230.200
50,435,500
Deo.
28.300
Ino.
87,300
Dec. 1.540,500
Dec. 7,219,600
20,407.600
19,189.800
223.432.700
56,286,500
15,030.700
15,689,500
215,431,«00
53,094,800
ing back to 85 at the close. The fluctuations of this stock are
thus particularly referred to as they furnish a key to the whole
market, which followed more or less closely the variations in LakeShore. The Vanderbilt party was reputed to be heavy sellers
from the highest point down. The trunk line executive committee
United States
Bonds— There
has been a good demand for
governments from investors, but prices were declining until
to-day, when they became steady, and closed firm on a basis of
101 for new 4 per cents.
Tbe hardening rates for money and
the consequent free sales of bonds by parties who wished to
realize were the main reasons for the decline in the early part of
the week.
have again advanced rates on east-bound freight and have
made an important agreement,
as
it is
reported,
against
making
special contracts for freight reaching into the future.
were not favorably influenced by the auction
which lower prices were realized.
The annual report of the Chicago & Northwestern road will be
found on another page.
Total sales of tbe week in leading stocks were as follows.
The
coal stocks
sale of coal, at
%
..
.
West'rn
Uu.Tel.
"
12
13
14
15
"
«'
"
Total.
..
St.
North-
Paul.
west.
20,175
15,215
25,260
23,950
36,570
30,455
39,752 11,510
26.5G0
9,400
73,480 21,530
49,330 16,140
62,900 48,000
54,050 40,600
Dpi. L. Central
itWeat. of N. J.
Lake
Erie.
Shore.
0.500
4,350
5,250
3,000
8.300
11,650
5,700 36,051
2,600 80,995
8,500 44,730
7,580 108,070
8,960 76,560
18,235 37,660
92,597 151,625 306,072 147,180 42,050
51,575 394,066
14,067
24,879
15,317
17,534
15.500
5,300
9
11
"
wnoie stock. 410,500 154,042 149.8S8 524.000 175,4001771,077 494,665
The total number of shares of stock outstanding is
last line for the purpose of comparison.
The
daily highest
and lowest
Saturday, Monday,
Aug
9.
Aug.
11.
t>rices
given in the
have been as follows
Tuesday, Wednes., Thursd'y,
Aug. 18. Aug. 18. Aug. 14.
Friday,
Aug.
IS
Canaan South.
Cent, of N. J..
Chic. & Alton.
Chic. Bur. & Q.
Chlc.MA
do
Chic.
.
THE CHRONICLE.
164
Aug.
)
:
.
St.P.
pref.
AN. W..
XXIX.
[Vol.
—
Latest earnings reported.^ —Jan. 1 to latest date.-N
Week or Mo. 1879.
1878
1879.
1878.
Dubuque&S.City.July
$60,997 $65,901 $453,535 $554,704
Gal.Har. &S. An. June
91,482
85,058
Gal. Houst. & H. July
27,085
24,466
244,013
194,391
Grand Trunk. Wk.end. Aug. 2 152,423 137,817 4,911,722 5,068.975
Gr*t Western. Wk.end. Aug. 8
79,390
75,212 2,490,834 2,732,762
Hannibal & St. Jo. IstwkAug
28,716
48,002
976,342 1,013,776
Houst. & Tex. C. June
163,798 128,570 1,202.674 1,030,123
UlinotaCen.(IU.)..July
453,159 455,728 2,962,021 3,029,318
do
(Iowa).. July
102,945 112,302
778,971
906,238
Int. &Gt. North.. July
94,075
92,398
778,363
677,506
Kan8asPaciflc....4thwk J'ly 117,363
93,476 2,365,235 1,739,159
Mo. Kans. & Tex.. IstwkAug
63,564
57,838 1,565,035 1,533,523
Mobile & Ohio ... .July
1 1 0,674
95,676
956,073 1,031,610
Nashv.Ch.A St. L.May
139,524 124,837
732,839
730,140
.
N.Y.L. Erie & W. .May
1,350,274 1,172,961
Pdd.&Elizabetht.July
27,290
26,977
Pad. & Memphis.. 3d wk July
4,250
3,369
6,434,373 5,872,678
156,783
179,368
84,624
110.669
Phila. AErie
June
211,545 219,024 1,354.085 1,261,652
Phila. & Reading. June
1,343,014 1,498,658 6,694,667 5,670,424
St.L.A.&T.H.(brs)lstwkAug
8,810
8,865
291,505
263,006
St.L. Iron Mt. &S.lstwk Aug 101,761
84,039 2,365,724 2,252.417
8t.L.K.C.&No..4thwkJ'ly
53,169
70,310 1,701,369 1,747,775
St. L. & San Fran 1st wk Aug
36,900
24,000
St.L.& Southeast. July
121,201
95.347
649,487
626,051
St. Paul & S.City .June
54,572
46,734
302,153
285,113
Scioto Valley
July
28,776
28,176
173,811
145,191
Sioux City & St.P. Juue
28,589
29,954
159,738
179,713
Southern Minn. .June
52,791
53,624
265,328
373,983
Tol Peoria & War. IstwkAug
23,247
30,471
701,357
735,487
Union Pacino
July
1,068,049 937.972
Wabash
IstwkAug 112,435 115,053 2,489,177 2,684,478
Exchange. —The first importation of gold from England,
#265,000 in double eagles, arrived by steamer this week. Other
shipments from France and England are reported, and they £eem
to be regarded there with some apprehension.
Exchange here
has ruled at figures which admit of shipments of gold here at a
profit.
To-day the actual rates for sterling bills were about 4'81i
for 60 days and 4-84} for demand.
The quotations for foreign exchange are as follows :
.
pref.
do
Chic. R. I. * P.
Chic. St.P.&M.
Clev. C. C. & I.
Col.Chic.& I.C.
Del. &H. Canal
.
Del.Lack.& W.
Brie
do pref
.
Han. 4
do
St. Jo.
pref.
Illinois Cent.
Kansas Pacific
Lake Shore.
Louisv.&Nash
Mich. Central.,
Mo. Kans. & T.
Mor. & Essex.
N.Y.C.&H. R
Northern Pac.
do
pref.
Ohio & Miss..
Pacific Mail....
Panama
August
St.L&I.M.assn
St.L.K.C.&N.
pref.
do
St.L.& S.Fran.
do
do
.
pref.
1st prf.
Sutro Tunnel.
Union
Antwerp
West. Un.Tel.
These are the prices bid and asked; no sale was mado at the Board.
Total sales this week, and the range in prices for 1878 and
Since Jan. 1. 1879, were as follows:
Swiss (francs)
Sales of
Prioes since Jan.
1,
Range
1879.
Shares.
Canada Southern
1,835
Central of N. J
Chicago & Alton
Chic. Burl.& Quincy.
42,050
720
1,520
Lowest.
45>4 Jan.
33*2 Jan.
75
Mch.
111% Jan.
F... 151,625 343g Jan.
do
do pref7,206 74% Jan.
Chicago & North w.
306,072 49 »8 Jan.
do
do prof.
7,691 76'8 Jan.
Chic. Rock Isl.A Pac.
550 119 Jan.
Chic. Mil. &St.
.
Chic. St. P. &Minn..
2,250
Clev. Col. Cln. & Ind.
4,500
Col. Cbic.& Ind. Cent
5,665
Del. & Hudson Canal
11,034
Del. Lack. & Western 147,180
Erie
&
St.
Jo
do
. .
pref.
Illinois Central
Kansas Paciflo
Lake Shore
Louisville & Nashv.
Michigan Central
Missouri Kan. & Tex.
Morris & Essex
N. Y. Cent. & Hud.R.
Northern Pacific.
do
pref.
Ohio & Mississippi.
. .
.
Pacific Mail
Panama
St. L. I. Mt.
St. L. K. C.
St. L.
& South.
&
North.
do
pref.
S.
Francisco.
&
do
do
1st
Sutro Tunnel
Union Pacific
pref.
pref.
Wabash
Western Union
Tel..
21
34%
May
Jan.
Jan.
38 Jan.
43 Jan.
21% Jan.
37% Jan.
13*4 Jan.
34 Jan.
5
51,575
3,150
4,380
6,400
2,050 79% Mch.
1,400
9*8 Jan.
384,066 67 Jan.
4,095 35 Feb.
30,165 73% Jan.
8,093
5% Jan.
4,134 75% Jan.
1,632 112 Mch.
3,925 16 Aug.
2,205 45 Aug.
12,420
7?i Jan.
31,665 10% Jan.
10 123 Jan.
3,750 13 Jan.
15,234
7 Jan.
21,014 25% Jan.
12,820
3% Jan.
25,564
4% Jan.
17.838
9% Jan.
5,776
2% Jan.
12,218 57% Jan.
23,076 17% Mch.
92,597 88=8 Aug.
Low.lHigh.
Highest.
63% Mch.
55
95
July
Aug.
122% Feb.
70 Aug.
97% Aug.
80% Aug.
99?e Aug.
141% Aug.
44 Aug.
55 May
9% Aug.
513s June
62% July
15
31
9
19
6
6
12
12
7
2
21
6
2
31
45%
13% 45%
66% 85
38
99H114%
27%l 54T8
64
84%
12134 June 14
17
32% 55H
59% 79%
98% 122
23
2%
34%
41
160
30%
22%
58%
12
17
37
6%
5978
61'a
22%
38
16%
41%
87
12%
71%
39
75
7%
89
103% 115
—
July 24
6% 11%
6 12% 23%
Aug. 4 112 131
May 23 5
15%
Aug. 12
3% 7%
Aug. 6 19
26%
Aug.
Aug.
Aug.
4?8 Mch.
81 Feb.
40 Aug.
116 June
12
12
12
17
19
2
11
1%
1%
4%
5%
5% 11%
3% 5
61% 73
12% 23%
75% 102
The latest railroad earnings and the totals from Jan. 1 to latest
dates are given below. The statement includes the gross earnings of all railroads from which returns can be obtained. The
columns under the heading "Jan. 1 to latest date" furnish the
gross earnings from Jan. 1 to. and including, the period mentioned in the second column.
Latest earnings reported.
—Jan. 1 to latest date.—
Week or Mo. 1879.
1878.
1879.
187».
Ala. Gt.Southern. June
$23,263 $20,950
Atch.Top. &S. F.lstwkAug 114.000
95,562 3,342,474 1,933,698
Atl.&Gt. West... June
300,540 309,136
AtlanticMiss.&O.Juno
102,247 120,094
715,486
761,810
Bur. C. Rap. &N.. IstwkAug
22,876
18,506
784,690
907,044
Burl.&Mo.R.in N.June
140,736
90,590
862,688
735,081
Cairo &St.Lnuis.. July
22,320
19,507
129,908
127,516
Central Pacific... July
1,442,000 1,533,702 9,231,320 9,367,807
Ches.&Ohio
July
173,383 140,262
986,191 1,044,678
Chicago & Alton. IstwkAug 130.480 121,654 2,843,806 2,559,022
Chic. Burl. &Q... June
1,160,968
897,090 6,510,239 6,417.791
Chic. Mil. & St. P. IstwkAug 156,000
115,467 4.964,000 5,018,930
Chic.& North wesUuIy
1,309,984 1,166,270 8,268,124 8,221,476
Chic. St. P. & Min. IstwkAug
15,895
10,441
597,191
504.661
Clev. Mt. V. & I>. ..Icily
28.738
27,377
213,521
206,456
DakotaSouthern.Mav.,
18,261
19,039
90,003
87,721
,
—
—
.
4.80%a>4.81%
4.82%®4.83
4.79%®4.80%
5.25%®5.23%
5.26%®5.25
5.25 ®5.23%
4.81%»4.82%
5.23%®5.20%
5.23%®5.20%
5.23%®5.20%
39%®
93%®
93%®
93%®
93%®
(guilders)
Hamburg (reichuiarks)
Frankfort (reichmarks)
Bremen (reichmarks)
Berlin (reichmarks)
The following are quotations
$4 83 @$4 88
4.83%®4.83%
40%®
94k®
94»4®
94%®
94%®
40
94
94
94
94
40%
94%
94%
94%
94%
in gold for various coins:
Dimes & % dimes.
99
3 89
Silver %s and %s.
99
4 78
Five francs
92
Sovereigns
—
® — 99%
—
® — par.
—
® — 95
Mexican dollars.. — 87 ® — 88
English silver
4 75 9 180
Prus. silv. thalers. — 68 -8—70
— 99 ® — 99%
Trade dollars
New silver dollars — 99%® — par.
3 84 ®
Napoleons
Reichmarks. 4 72 ®
3 93 ® 4 00
X Guilders
Span'h Doubloons. 15 50 ®15 70
Mex. Doubloons.. 15 45 ®15 60
11! 4® 1 13
Fine silver bars
par.®%prein.
Fine gold bars
XX
. .
—
Boston Banks. The following are the totals of the Boston
banks for a series of weeks paBt:
Loans.
38%
1
18% Juue
(francs)
Amsterdam
Demand.
4.83%®484%
I
29% May 5 7%
54 May 5 21%
23% May 23 10
45% May 23 21%
91 Aug. 7 72%
60 Apr. 30
4
93 Aug. 12 5578
70% May - 35
90 Jau. 2' 58%
18% May 15 2
94 Aug. 6 67%
17% Aug.
48% July
for
1878.
Week.
do pref
Hannibal
do
.
Paris (francs)
Pacific.
Wabash
60 days.
4.81%a4.82%
4.81%®4.81%
15.
Prime bankers' sterling bills on London.
Good bankers' and prime commercial
Good commercial
Dooumen tary commercial
1819.
Mar.
Mar
3.
10.
Mar.
Mar.
17.
Mar.
Apr.
Apr.
Apr.
Apr.
31.
May
May
May
May
Jane
June
June
-24.
7.
11.
21.
88.
5.
II.
19.
*8.
2.
9.
16.
.lutie -23.
Jane
30.
July 7.
July II.
July 21
July 28.
Au?. 4.
Aug. 11.
*
Specie. L. Tenders. Deposits. Circulation. Agg. Clear
X
S
S
$
141,969,200
141,623,100
141,308,300
140.442,800
140,033,100
119,001.100
133,300,400
137,461,400
134,19S,F03
133,221,500
112,953,200
130,296,000
130.331,800
129.489,000
129.973,50
130.510,500
130, "68.600
130,583.300
114,821,300
129,93 1, TOO
123.600.500
127.-96,500
3,625,-TGO
4,324,300
4,6>n,500
4.750,300
4,713,600
4,591,000
4,294,700
3,805,800
3.483,700
70,326,700
67,028.300
65,677,100
64,050,100
63,415,100
61.221,500
3,8'27,800
60,-252,400
3,863,000
4,191.300
3,589,200
*4-!,8:.5,800
*44. 103,900
12-,03%5'0
129,133,000
3,664,500
3,649,900
3,620,800
3,614.000
3,';40,200
3,681,100
3,«5>,800
3,627,700
3,600,100
3,5S3,CO0
3,556,100
3,517,700
3,563,400
3,948,500
3,559,400
3,551.700
3,547.400
3,5-5.2u0
3,630,400
3,590.900
3.572,600
3.5S7.5O0
3,551,200
3,lft5,800
3.886,700
4,168,200
4,165.509
4,118.100
4,433,500
4,717,100
5,433,900
5,390,800
5,386,301
5,351,200
5,613,900
Other than Government and banks,
Philadelphia Banks.— The
61,171,0M
62,998,000
80,123,900
*44,10i,2
*43.895,000
'41,391, -209
*4),997,000
'41,606.100
* 14,795,300
•15,3:12, 100
'45.8:8,600
•47,067,900
•46,772,700
'11.8:18,500
46,854,9.:0
less
*
25,393,-00
25,613,100
25,562,001
25,445,500
25,438,200
21,827,890
26.0:4,200
46,215,000
26.23O.20O
26.299,600
2i.228.800
£6,218,400
2 S369.200
26,437.800
2«,569,000
26,701,100
21.875,100
26 578,300
21,640.000
26,915,300
26,533.700
26.512,500
46,615,200
26,700,600
46,319,291
48,733,621
45,739,465
41,907.569
39.857.030
41.616,942
47.207,392
5',916,677
47.978,840
5i.505.511
50,552,fl7
43,456,247
46,516,810
44,' 33,327
51,329,031
49,113,570
45.176.05S
47.775,068
51,738,637
47,866.112
49,211,607
43.383.417
43.253,334
48,313,373
Clearing-House checks.
totals of the Philadelphia
banks
are as follows
Loans.
I
1879.
Mar.
Mar.
Mar.
Mar.
Mar.
3.
10.
17.
24.
31.
Apr. 7
Apr. II.
Apr. 21.
Apr. 28.
May
5.
May
May
May
12.
19.
iH.
June 2.
June 9.
Jun:16.
Juie23.
J u e30.
July 7.
July 14.
July a.
July it.
Anz.
Aug.
57,600,832
53, 368. 23 4
68,486,555
E8, 506,715
59,006.312
59,9114.059
60.554,971
60,518.117
69,122,582
60,174,972
59,914,320
60,160,386
60,915,891
61 429,858
61.917.078
62.1186, 8t2
61,8*0.180
61.710,307
62,221,496
62,171.993
61,9.4.527
61,415,446
Lawful Money.
S
15,947,736
15,919,655
15,859,150
15,360,i:<)6
14,890,99*
18,701,132
14,028.748
14,516,885
14.869,637
14,918,939
15.353,553
16,118,678
15,919,569
15.933,439
15,790, 7u7
15,883,014
15,311,615
15.790.131
16205,151
4.
01,9:12,961
16,533,491
16,397,141
17,405,816
17,396,898
11.
62,740,114
17.SCO.loSS
Deposits. Circulation. Agg, Clear.
*
45,378.745
46,023,633
46,136,572
45.763,418
45,256.362
45,111,747
46,552 535
47,238.8-'.2
47,044,599
47,626,363
47,786,056
49,143,450
49.613,-281
49,941,603
50,181,092
50.721.250
49.713.133
50,309,721
51 378.986
51,811.642
51,512.317
51,901,368
52.980,518
52,719,432
S
I
11,321.223
11,317,059
11,355,472
11,361,550
11,422,018
31,157,943
36,371,591
29,556,598
31,233,063
29.945.441
38.653.745
30,561.240
S8.407.056
34.295.148
37.642,885
40.016.183
38.955.672
39.353,762
31,805,486
46.78J.676
38.801,535
37.519.283
34.442.141
37,789,094
34.090,465
37,197,353
81,940,697
35,745,324
35,792,049
11,5-20,123
11,509,140
11,516,236
11,5118,613
ll,l l 8,821
11,492,197
11,476.611
11.465,857
11,449,130
11,411,493
11.424 901
11.397.218
ll.183.10-i
11,398,306
11,406.180
11,423,816
11,415,745
11,406,477
11,137,610
.
August
Bank*. —The
City
Capital.
Specie.
5.10,100
1.738,500
851,00(1
t
495.000
10.800
0.115,51X1
4,512.01X1
6.442.01X1
2.000,0001
2,000,000'
1,200,000
7,115.1,00
7,1:10,51x1
4,l(Xl,tXX)
171,000
708.000
572.100
805,800
1,888,000
5,795,600
8,882,800
1811.1100
8,000.000
0.5117,200
553.71XJ
1,355,61X1
7,41X1,51X1
1.100
Phumix
1,000,000,
21l).oiKi
3115,001)
1,000,000
1,000,000
800,000
1,038.400
552,000
2,651.1X10
6,478,61X1
852,000
glty.
8,848,000
8.058,200
3,150,400
1,405.400
770,700
Mechanic*'
Union
America
Tradesmen
1,015,000
s.V.i,
loo
711.800
2311,81X1
2.175,500
186.200
468.700
10.H1)7,7(XI
1,560,60(1
1.517.900
I.238.IXX)
11.702,21X1
Merchants' Excli.
300,000
1,000,000
3,«I4,4(X)
21X1.00(1
111
Gallatin Nation']
1,1100,0011
158,80(1
370,000
Butchers'* Drov.
Mechanics' & Tr.
Hoo.ono
300,000
200,000
3,5:U,10H
1,250,700
1,101.000
8,331,000
1.013.900
185,000
30,000
112,31X1
226.IXX)
1,010,5(XI
l,003,0l*i
01X1,01X1
15.40(1
8,788,000
200.900
63.700
6,700
819,200
3,300,300
1,201.000
164,000
550.300
137,000
558,700
1.128.00O
1,540.101)
8,529.1011
384,000
531,700
8.686.100
4.017,000
860. 1 IX)
521,70(1
006,21X1
h
Fulton
Chemical
Greenwloh
lieathor Man'f rs
Seventh Ward..
1100,000
300,000
1101, 800
HOO.OIX)
2,293.11.0
Commerce
Broadway
5,000,000
5,000,000
1,000,000
Mercantile
l,(XX),0IIO
422.700
13,716,000
12,536,800
5.428,800
8,009,800
2,310,700
,500,000
4391,600
450,000
3,050,51X1
State of N. York.
American Exeb..
Pacific
Republic
1
Chatham
)U
1,205,800
700,000
1,003,000
500,000
3,000,000
2,015,41X1
People's
II 2.51
North America.
Hanover
Irving
Metropolitan
....
Citizens'
Shoe * Leather..
Corn Exchange..
2,377,7!X;
1,070,21X1
22.1X111
305,00(1
70,20(i
.'100,000
400,000
8.86'i,5O0
5,600
21,700
30,800
Marine
&
200,000
107,800
29.800
3.161,000
3,700,420
4,548,000
1.420,200
1,0011,000
1.000
1,
Continental
Oriental
i:iii.»ii<.
1,587,600
8,139,200
3.9(XI
8.1S.IV,,,
1.538.200
888,700
178,400
8,418,181,
2.895,800
8,140,300
OWJ.OOO
303,000
5,400
3,005,20(1
1,316,701)
1,811.21)0
904.8iX)
6,5ll,()0(i
544,200
8,998,000
234.400
2,500, loo
215.00(1
2.983,000
2.250,000
1,215,1X1(1
4,631,301.
270,000
286,500
2,243,000
240.0JO
3.900
313,300
450,000
445,000
4.700
770,900
160,000
6 1 6.000
1.250,400
2.281 ,3m:
357.000
1,031,900
528,600
307,700
12,310.000
1.532.51X1
1,098,60(1
1,1159,000
1.513.61X1
2611,700
515,400
839,500
408,000
85,300
Tr..
1,500,000
18,817,800
4.050,500
20,587,400
Park
Mech. Bkg. Ass'n
4,000,01X1
500.IXX)
12,018,61X1
8,128,000
3,168.00(1
16.974.IXX)
537,800
645,000
05,800
08,000
105,800
158,200
Grocers'
North
225.000
210,000
Itiver...
Bast River
First National..
Third National..
N. Y. Nat. Exch..
100,000
876,000
831,100
3,200,(XX)
18,215,700
2,000.000
8.352,001'
300,01X1
2.308,000
Bowery National
N.York County..
750,000
3,IH3,>iO0
500,001)
1,000,1100
300,0(X)
10,3711,3iXi
Total
7,778,800
1.160.10(1
250,000
Genn'n Amerlc'n
Chase National..
No
665.01X)
250,01X1
Manuf'rs* Iter.'
Fourth National.
Central Nat
Second Nation'l.
Ninth National..
4,800
34,100
86.001
1.000
1.122,100
450.000
180,000
361,300
211,100
925,000
50,200
42,000
9,700
114,000
142,700
1.087.800
2(X),000
1,085,11X1
750.000
300,000
B.088,200
2,227,20b
538.600
588.000
244.600
198,000
8,700
470,500
34.500
69.000
449.000
1,791.300
I.00il,40o
Importers'
41.500
0.781.0(11!
559,400
688,400
406.400
823.000
101,200
54,100
83,000
027,300
13,428,0(XI
1,000,000
500,000
500,000
500,000
Nicholas
St.
73,70(1
128,80(1
6.421,700
2,583,300
0011,000
Nassau
Market
304.50(1
500,
liX)
809300
75,01X1
691.000
387.90(1
18,238,20(1
1.188,100
203.000
832,000
114.000
1,029.400
1,470,000
9,144,000
2,555.00k
268,000
559,400
45.000
799.000
4,059,lX)ii
10,207,IXX)
8.135.2IX)
844,600
1,084,300
L'llO.iKlll
313,1111)
1,81)2,900
221,000
180,000
218,900
493,500
1.712,100
2,851,400
240,800
60,800.200 272.036,000 19,624.100 50.435,500 253.230.200 20.082.100
same as last week.
The deviations from returns of previous week are as follows
Loans and discounts
Inc.. 15,655,900 Net deposits
Dec. $1,540,500
*
,
report,
:
I
Specie
Legal tenders
The
28,300
7,219,600
1
Circulation
87,800
Inc..
I
following are the totals for a series of weeks past:
1878.
Dec.
Dec.
Dec.
Dee.
Dec.
14...
21...
28...
„
Loans.
*
238,017,200
235,974,100
235,824,400
Spocle.
L. Tenders. Deposits. Circulation.
*
»
*
20,882.900 40,478.500 206,134,400 20,141,600
20,911,500 39,6(X),000 208.625.IXX) 20,077,000
20,514,100 40,767,000 203,209,700 19,570,700
Agg. Clear
*
*
380,741 510
421,244,872
825,696,134
20,986,200
18.968,400
17,344.600
17,431,700
41,832,800
45,055.400
49,065,800
206,173,000
19,848,800
206,182,21)0
21l,5!X>,600
19,7,35,000
53.51X1,600
51.018,800
51,135,400
214,981,200
219,219,200
10.617,tXX)
18,633,31X1
17.840.31X)
219.337.31X)
18.II59.5IX)
48,331,31X1
217,271,800
17,931,300
16,456,500
18,IM5,200
17.312,400
18,803,700
18,446,800
18,305,000
45.377,000
42,651,800
216,382,61X1
411,598,790
484,413,225
486 222 549
507,331,749
611.674 082
493.410,515
452,720,433
484.903 904
516,297,775
501 321 270
400 417 429
413.302,738
399 872 657
461,130 657
423.259.559
437 843 450
503,103 030
5 111 79s 885
591,290,770
1879.
Jan.
Jan.
Jan.
Jan.
Feb.
Feb.
Feb.
Feb.
4...
11...
18...
25...
Mar.
Mar.
Mar.
Mar.
Mar.
Apr.
1...
8...
Apr.
Apr.
Apr.
May
May
May
May
May
1...
8...
15...
21...
15...
22...
29...
246.324.5IX)
243,839,800
210,158,51X1
235,.836,6IX)
230,442,01X1
18,!X)3,)XX)
19...
26...
231,151,300
8...
10...
239,357,800
242,041,600
253.838,500
257.838,500
257,272.800
858,332.700
256,291,000
255.901.600
253.575.500
18,875,600
18,228,100
18,516,200
18,745,600
18,763,900
18,802,400
18,785,400
17...
24...
81...
June2l...
July
July
July
July
2.33,168,400
284,416,200
288,241,400
242.280,200
244,186,500
244,007.000
246,716,000
247,674,200
5...
12...
June 7...
June 14..
June
234,850,00
230,682,000
28...
5...
18...
19...
26...
August
August
2.
9.
231.0fX),lXH)
257.038,51X1
268.951.9IX)
862.719,8110
260,582.600
287,380,100
272,936,000
QUOTATIONS
IN
40398,800
30,173,400
36.072,800
84,263,900
31,815,800
88.145,400
40,072,100
45,221,500
213,489,700
213.293,100
210,563,300
206,591,400
198,045,000
193.181.7(H)
18.91XI.7IX)
195.303.700
200,255,000
204,514,200
214.331,700
53,576,700 224,937,200
49,150,900 230.424.7iX)
43,284,900 227.315.600
41,791,400 285,754,000
48,822,800 286.963.300
18,780,1X10
41.851,9110
887.31ll.7iXI
19.206,900
19,666,400
19.889,600
19,971,500
43.859.400
46,902,600
226.177.IXX)
49.440.5IX)
49341,600
226,113,600
236.007,300
51.301,900
841.388.S0l)
80,011.71X1
19.927.61X1
5<>j503,IHHl
240,154,800
SJRSS.IOO
19,652,400
19,824,100
57,055,100
50,435,500
243.3,33.000
851,770,701)
253,230,200
Bid. Ask.
BIOTTKITIBfi.
19,707,600
19,480,600
19,487.100
19,398,800
10,335,900
10,232,400
10,238,000
19,335,200
19,290,000
19.512,100
19,635,500
10.61X1.100
10,721,200
10,707,600
19.6S3.KX1
10,683,000
19.685,400
598238.201
19.S58.8IX)
529,996,936
439,7.0,395
472.828,088
19,869,400
19,977,800
80.05ii.SOO
20.156.2IX)
20.371.31X)
-loll
1."
456 961.901
432.735.690
432.586.468
20.542.900
«0,509,900
20,531,600
20.549,500
391835 789
481,691,657
404 791.747
491,715.201
560,036,583
80,5111.800
20,682,100
PHILADELPHIA AND OTHER CITIES.
BOSTON.
BOSTON.
8KCURTTIKS.
lartford
&
Bid. Ask.
new
Jo.&U. B.
Erle7s.
Kan.r'ity. St.
34 K
34
%
Ta.
97S4 97 ta
Eng. 7s
103>i 104
').?dcnsbur«& Lake (Jn.Ss... ....
98
.
New York & New
New Hampshire 6s
l
.
1
Massachusetts 5a, gold
boston 6», currency
Chicago sewerage
...
do
Pueblo
115
do
land Inc.
3s..
108
121
Boston
Boston
Boston
Burl.
A
& Lowell 6s
A Maine 7s
A Providence
<to
1
121
i&H
Western, 8a
Ark. Valley, U
8.
ibWio^K
87
90
10914
109«
8s..
..
109
51
753
UTtrf
.
.x
28
.
.
.
41U«
7*
117
84
47sv
''X
14144
79)4
is«r
Eastern
115
5l2
188W 188
Burlington * Mo. in Neb.
Cheshire preferred.
Chic. Clinton Dub. & Mln
!074< Ctn. 3andusky & Clev
(New Hampshire).
Fltchburg......
15J4
..
.x
Kan.cliyTep.M Western...
Rtr.-r.Mla.s4.
Bid. Aak.
lew York* New
118
140
England...
Itutlai.il.
32
19
117),
preferred
Masaachuaett*..
Vermont*
3214
11.'...
Worcester* Nashua
•BOUBITTaU.
Phil*
do
do
do
do
68,10-15, reg.,H77-'a-2 100'
6a, 15-25, reg., 1883- 'M 106:
6s, In. Plane, reg.,1979
Philadelphia, 5s reg
4a, old, reg...
do
do 6s,n.,rg.,prlorto'95
do 6s,n.,rg.,1895*over
Allegheny County 5», coup..
Allegheny City Is, reg
A
do
do
do
N.
ll'.'i.
4a, coup., 1913
oo
cp., 1919
5s, reg.
101),
6s, gold. reg
7s, w't'rln.rg. *ci> 115
.10 "s, utr.lmp., re«.,'s3-K6. 100),
Jersey 6s, reg. and coup. .
Pittsburg
exempt,
do
rg.
Phlla.
* coup
112
IO0H
Slony Creek lat 111. 7a 1*07....
8uob. Ilai. * W..lal ro.Ja.-Jl
Sunbury * Erie lat in. 7a. tj.
Warren*
F. 1.1 ni.7a,
Brook....
East Pennsylvania
Wllltamsport... .....
pref..
do
*
Lancaster.
Broad Top...
do
pref.
.'
Little Schuylkill
85
'Si
Nesquehonlng Valley
Norrlstown
Northern Pacific
pref
do
North Pennsylvania
•
Maryland 6a, d-fente, .1.4 J..
do
6s, exempt, 1687.....
6s, 1890, quarterly..
do
do
5s, quarterly
Baltimore 6a. SSI. quart
do 6S.18S6, .1.4.1
do 6s, 1890, quarterly...
Hi
55
do 6s, park, 1190, y.-M
do 6s. 1893, M.*8 ....
"in 4
ao 6s,evempt,'iS.M.4S
7)4
»
do 6a, 1910, Q -1
42
48X
do i.«. !«'!. J. 4 J
17
47)4
fl", 1
do
6, new
55
Norfolk water. 3a
50),
BAILBOAD STOCKS. Par.
103
10^ Bait.*
Ohio
...10c
loK
Co
1st pr f ....
»5*
do
26 B.if
45
do
Wash. Branch. 100
io* 1014
Parkerab'g Br. .90
do
10
I0>«
Northern Central..
50
lO'i
Western Mary Ian]
JU
Central Ohio
60
H
4p
M
Pennsylvania
Philadelphia* Erie
Philadelphia* Heading
Philadelphia* Trenton
Phlla.WUming. * Baltimore.
Pittsburg
Pittsburg TltuBV. * Buff
St. Paul * Duluth U.K. Com
*
.
.
.1
,
.
2d m.6s.
74
'bl
'8i..
8dm. 6s, "fl..
do
Camden &Amboy 6s,coup,'S3
ItM
110
113
lie
1WM
100
1111
108
15*4
119
116
1
117
iieu
Hot} 111)4
116
122
111
lt.014
io7)£
io3
102),
IIMIWlll.
Cincinnati
124
118
10I)«
140
"sVj
16
18)4
5
31
1019< 102
I0S>4 110
101
UN
100
6s,
long
110
110
tow*
It »
10s
113
104'-,
108*
I'll
111
»s
los
113
18H
1
Belvidere Dela. lBt m., 6s,1902. 109
do
iv
Conuellsvlile..50
5K
BONDS.
.o« 1»H Bait. BAILBOAD isso.
.1.4.1
* Ohio 6s,
do pref. 42
43
do
do
8s, 1885, A.4C.
145H 110
United N.J. Companlea
N. W. Va. 3d m.,guar.,'85,J4.I
West Chester consol. pref ..
Pitt8b.4 ConnelTsv.7s.'98J4.1
WestJersey
Northern Central 6s, '85, J4.1
CANAL STOCKS.
do
6s. 1900, A.JbO
Chesapeake* Delaware
do Ct.gltl, I960, .1.4.1.
Division
Delaware
Cen. Ohio 6s, 1st m.,".« i,M .4 3.
181
24-^ W. Md. 6s. 1st m., gr.,"jO,J.4J.
Lehigh Navigation
Morris
do 1st m., 1890. J. 4 J...
do pref
do 2dm. guar.,. 1. 4
Pennsylvania
do 2d m., pref
Schuylkill Navigation
do 2dm.«r. by W.C0.J4J
pref..
~h
do
do 6s. 3d in., guar., J.* J.
Susquehanna
Mar. * Ctn. 7s, '92, F. * A ...
RAILROAD BONDS.
do
2d, M.4N
do
8s,3d, .I.A.J
14
Allegheny Val.. 7 3-10s, 1S9S
118
7s, E.ext.,1910 ios>4
Union RR. 1st, guar.,. I.* J..
do
35
Inc. 7s, end.. '91
Canton endorsed.
do
do
.
3
1885.
»
Sttnehlll
.
85
So
ini.lMlillil.
pref
do
Lehigh Valley
B
HI
10
Huntingdon*
SO
cons m.jujt.wn
do 6s, boat*car,rg.,l3is
do 7a,bi)at*car.ig.,i*.r
Susquehanna 6a, coop.. .9.8 .*
pref
Delaware* Bound
WO
105
loa
Union *Tliuav. .at m. 7t. 'at'.
United N.J. com. m. *a, 'w.
Morris, boat loan, reg.,
Calawissa
new
108X
I'ac. lat in ,«a,g..l*0J
lnc.41. gr ,7t
108
107
108
Wett Che«t«r cona. 7a, 11
.11
Weat Jersey 6a, deb.,coup..'8i »',
I'M
do
tat 111.6a, I-P..-W
ao
lat m.7a,
112
do
ltt
m. 7a. -vs..
'1W
Western Penn. RU. its.f.
103)4 •01
do
6s P. B..SO 102
ui
CANAL BOND*.
Cheaap.* Dela. lit 6>,rg..'8t
Delaware Dlvlalon 6a, cp., .8.
Lehigh Navlga. m.. It, reg.,'>si
do mort. Kit., rg.,'9'. 10VK
08),
dO HI. CO.T. g., r»-g„',l 105
116
107
do uiort. goto, '97.... 101)4
do cona. io 7t, rg.. 1*1
.
*
...
V*
Pennsylvania 6a.co-.ir., '.910.
Scbuylk. Nav.iat mMri-.tl.
do
2d m. 6a. reg., 1307
7s, reg. * coup
do
Delaware 6s, coupon
Harrlaburg City 6s. coupon
HAILKOAl) STOCKS.!
Camden & Atlantic...
pref
do
do
Elmlra
do
Wllm.*H.lt.4a,-»4
PIIU.CIn.*8t. L. 7..COU..110
Potuv.la, 1*01
Steubenv. * Ind. lat, 4a, 1884. 101
Bhamokln
do
00
Camden County 6s, coup
Camden City 6s, coupon
do
do
'J)
do
deb. 7e. ens. on
do mort., 7t, lMt-l
lexaa*
5a, g'd, lnt.,reg. or cp 11.
5s, cur.,reg
5s, now, reg. ,18*2-1902 ill),
tit
101), 102
do conv. it, IMS'
7a. co op. off. »!
„ do
Pbll.*lI.Coal*lron deb.lt.w
STATR AND CITY BONDS.
Penna.
do
Bid.
R. cont.ui J. jr .1.1*11.
Mra.Oen.* lornV.lti.'t.nni
PHILADELPHIA.
13)4
108
105
7*
103
do
107
<'30*
do
115
6s, coup., '89 105
do
do
South. UK. 7'30s. 115), US
mort. 6s, '89.
112*4 113X
do
6",
gold
do
do
105)4
Cam. * Atl. 1st m. 7s, g., 19D3 no
Hamilton Co., O., 6s. long..
102
2d m., 7s, cur., 1819 102)4
do
do
7*. lto5yrs..
103
Cam. * Burlington Co. 6s,'97. 103 10»M
7-30«,long.
110
7
4
do
104
Catawlssa 1st, 7s, conv., V2.
109
Cln.A Cov. Bridge st'k, pref 106
chat. m„ 10s, '88
do
Cln. Ham. * D. 1st m. 7s, '80
IWli
new7s 19>.W
no
do
2d in. 7s, '85 r 101
do
Connecting 6s. 1900-1904
101J.1
70
Cln.
Ham. * Ind., 7s, guar
05
Chartlers Val., 1st m. 7s,C.,l90'
Cln.* Indiana 1st m. 7s
t 10M
Delaware mort., 6s, various.
7s, 'M
2d
ra.
do
87n
7s.
1905
1st,
Del. * Bound Br.,
Uti Coluni. * Xenla, 1st 111. 7s. '90 104
East Penn. 1st mort. 7s, '88
Dayton * Mich. 1st m. 7t. '81+ 102
E1.& W'msport, ut m., 7s, '60
2dm.7s,'Hi.+ 102
do
...
Ss.perp
...
S3
do
do
3d m. 7s, '88t 100 100)4
'81..
108
•07
Harrlsburg 1st mor' 6s,
Dayton * West. 1st m., '81 .t
lis
H. * B. T. 1st m. 7s, gold, '90. 14
do
1st in., 1905.1
2d m. Is, gold, '95. 102), 105
do
1st m. «s, '.90. T.-9X
do
3d m. cons. 7s, '95V 48
do
49K Ind. Cln. 4 Laf. 1st m.7s
75
Ithaca* Athens 1st g d, :s.,'K)
do (l.*C.) lstm.7s,'8S+ 102
J unction 1st mort. 6*, '82.
101
+ IO0
Little Miami 6a,'o3
6s,
1900
mort.
2d
do
Ctn. Ham. * Dayton stock.
32W 35
L. Sup. * Miss., 1st io.. 7a g.§
112
Columbus * Xenla stock..
Lehigh Valley, lst.6s,cp.. ISSdj
115)4
35
Dayton 4 Michigan stock..
do reg., 1891.. 115
do
107
s. p.c. st'k, guar 105
do 21 in. 7s, reg., 1910. 123W 123« Littledo
no
Miami stock
lon-'i
do con. m. ,6s, rg., 1983 109
6s,c p.,19.3 107« 109»
do
LOUISVILLE,
do
Little Schuylkill, 1st m. 7s,'S8
Louisville 7s
t IMM 10r
+ ,02
North. Penn. 1st m. 8s, cp.,'85. 1084 lCSH
6a,'82to*87
do
UMV
id in. 7s, up. .".m. 119) 1Z0
do
*s,'97to'9«
do
t 108
I0i%
n»)4
do gen. m. 7s, cp., 1903.
water es.W to ^89 1 U2
do
103)1
19OT
7s,
reg.,
115h
water stock 6s,'97.t 108
do gen. m.
do
lOHj
wharf tis
Oil Creek 1st m. 7s, coup. ,'81. MU 87),
do
t 102
108),
34
rlttsb. Tllusv.* B.^s.cp-.'se
do
spec'i tax 6s of '89. 102
108H
scrip...
1907
do
.vine
Water
6a,
Co.
Loul
ltd
106)1
Pa.*N.Y.C* RR.7s,189S ... 119 120 Jeff. M.*l.lst m. ( 14M) 7b,'8l t 104 104)1
Pennsylv., 1st m., 6s, cp., '80. io:t)< 193X
2dm., 7* .
do
102)4 103
gen. m. 6s, cp.. 1910. lie
1st m. ,7s, 1906....) 112)} 113)4
do
do
gen. m. 6s, g., 1910. U7!4
Il'i',
Louis v. C .4 Lex. 1st m.7s.'97» 10
do
lit')* Louis.* Fr'k.,Loul8Y.ln,6t,*8 ;oi
cons. m. 6*, rg., 1905 110
I01)«
do
cons.rn.6s. cp., 1905. 107)4 107« Loulsv. * Nashville—
do
"36
Navy Yard 6s, rg/slj
do
•*.
t
108
Leb. Br.
109),
...
Pe n.' o ,6s. reg
104
1st m. Leb. ISr. Ex.,7s,'80.iS.) 103
Perkiomen 1st m. 6s, coup., 91
6a, '93.1 lom 102)4
do
Lou. In.
Phlla.*Erle 1st m.6s,cp., 81. 10541 100W Jefferson Mad. * Ind. stock 103)4 104
2d m.7s. cp..'S8. H'OK
do
ST. LOUIS.
Phlla. * Read. 1st m.6s, '43- '44. io3j
108
St.Loula 6s, long
t 105
'4S-.49
do
do
water6s,gold
107
lo
t 106
2d m., 7», rp.. Si
do
do new.* 100'
do
do
deben., cp., 'H
do
bridge
aopr.,g.
6s
:n6!
do
t
cpa. oL
do
do
renewal, gold, 6a. it*W]
do
73)4
scrip, 18S8.
do
sewer, g. 6s. *»:-2-3.t 11 «s,
ao
In. m. 7s, cp»16M
do
St. Louis Co. new rark,g.6s.t 107)4 108X
do cons. m. It, cp.,1911.
do
cur. 7s
t
do cons. m. 7s, rg.,l*:i.
•Inceraui. 1 Per share.
'77 fugled.
t And Intere"'
i Coa. to Ian
.
.
'
.
.
.
. .
1
. .
.
m
I
1
STOCKS.
'.40
7r»
7s
lUn. City Top. & W.,7s, 1st
do
do
7s, Inc
100 li 110
M'. 22
7l
Mo., land grant 7s. ..
dO
Neb. 68
do
Neb. 8s, 1383 ....
Conu. & Passumpslc. 7«% 189?.
Kastern, Mass., 3*b, new. ...
Fltchbarg UK., to
_
ii*aw
4
Vermont a Canada, new
Vermont * Mass. Kit., 6s
land grant 7e 113H 11*
do
0s
Omaha &
7fl
UlKLPim,
Northern of New Hampshire 87
119k 119S,
Norwich* Worcester
Ogdeuah. * L. Champlaln ... 18)4 I6J4
60
do
pref..
82
Old Colony
107K 10S
Portland Saco 4 Portsmouth 100 101
r U.S. 89
Pnllma Palace Car
57V
Pueblo * Ark-naaa
Har P. Mt. Joy
810,90(1
95,500
3.755,900
2,903,000
508,000
934,000
2,788,000
1.
Manchester * Lawrence....
Nnhua* Lowell
*
),331
11,000
6.321,000
1
:
Not dep'ts
(
I
t
2.000,000
2,050.000
l-il
BXCUBITI.B.
_,
Legal
Clrculaother
Ten3ors. than U.S.
"on.
.
Loans and
discounts.
Co...
t1t)
week
Average amount of
Manhattan
Merchants
.
165
BiMrUI,
following statement shows the
condition of the Associated Bxnks of New York City for the
ending at the commencement of business on August 9. 1879
New York
.
THE CHRONICLE.
10, 1870.]
York
rs'ow
—
. ....
.
.
..
.
..
.
.
.
.
—
.. .
—
—
..
..
...
,.
.
.
—
"
..-.....
.
Vol. XXIX.
NEW
QUOTATIONS OF STOCKS AND BONDS IN
U.
Bonds and
8.
active
Railroad Stocks are quoted on a previous page.
^
YORK.
Prices represent the per cent value, whatever the par
may
it.
state: BONDS.
'
SECURITIES.
8s,
..
THE CHRONICLE
166
*~
——
...
Bid.
Ask.
Bid. Ask.
SECURITIES.
Monte. 4 Bufaula RR.
46*
do of 1875
8s,
SECURITIES.
Bid. Ask.
6s, gold, coup.,
8s,
6s,
6s,
do
do
do
1891
1892
1893
4
4
Ft. Scott iss.
7s, L. Rock
L. Bock
7s, Memo.
P. B. 4 N. O. RR.
7s, L.
7s, Miss. O. & R. R. RR...
R
KK
'i"
l
.
l
l
l
'i"
e
do
A.40
do
coup, off, J. 4 J.
do
coup, off, A. 4 O.
Funding act, 1866
do
1868
78,1880
Missouri—Os, due 1882 or '83 101
4
4
4
103
103
99*
105"
lio"
in*
Illinois—6s.
112
Asylum or
'90
Univ., due '92.
Funding, 1894-95
Hannibal 4 St. Jo., 1886.
114"
coupon. 1R79...
RAILKOAD AND
—
(Active previously quoted,)
.
1st mortgage, 1891
38*
—
Louisville
2d
pref..
Mobile40hio
W. 4
Chic, spec'l.
do
do
.
H
pref.
Terre Haute 4 Indianapolis
United N. J. RR. 4 Canal
miscellaneous St'lis
Adams Express
American Express
United States Express
Wells, Fargo 4 Co
.
Quicksilver
do
pref
4
Pacific Tel
District Tel
American
Gold 4 Stock Telegraph
Canton Co., Baltimore
American Coal
Consolidation Coal of Md.
32*
Railroad Bonds.
.
1st mort., sterling
Metropolian Elev— lst.1908
Mich.
*26
Bar. Ced.R.4 North— lst,5s
Minn. 4 St. L., 1st, 7s, guar
Chesap.4 0.— Pur. m'y fund
6s, gold, series B, int. def
6s, currency, int. deferred
Chicago 4 Alton— 1st mort.
Income
N—
do
Belleville
Tol. Peo. 4
4
Income
So. 111., 1st m.
1st m., E.D.
W—
mortgage, W. D
—
43
21
32
2d mortgage, inc., 1911
H. 4 Cent. Mo., 1st., 1890. 109
*105
118H N. Y. Central-6s, 1883
m
Mlss.Riv.Bridge,lst,s.f,6si
Chic. Bur. 4 Q.—8 p.c, 1st m
Convertible
assented
do
1 1
LaC. Div
I. 4 M
4D
lstm.,H.4D
lstm.,I.
San Joaquin Branch
4M
Chic. 4'Nofthw— Sink.
Interest bonds..
Consol. bonds
10W
Extension bonds
1st mortgage
Coupon gold bonds
Registered gold bonds
Iowa Midland, 1st m., 8s..
Galena 4 Chicago, exten.
—
111M
103
2dm
do
Ind's— 1st, 7s, s.
.
J108
f.
lis'
m
«•»«
»
too
nominal,
new
Cin. Lafavette
1)7
107'
97
& Ch.— 1st
m
4 Pittsburg— 1st m.,
tll4
+11 2* 118
45
41
50
102
92
108
80
96
5s...
Consolidated, 6s
Railroad, 6s
Richmond—6s
Savannnah— 7s,
7s, new
old
8s, gold,
4 Gulf— Consol...
Consol., end. by Savan'h
Cent. Georgia—Cons, m., 7s
Atlantic
Stock
Charl'te Col. 4
A— Cons., 7s
2d mortgage, 7s
East Tenn. 4 Georgia—6s.
E.Tenn.4 Va.— 6s, end. Tenn
E. Tenn. Va.
53
tea
93
110
S3
Stock
Georgia
4 Ga.— 1st,
7s.
RR— 7s.
4 Col.— 7s, 1st m.
Macon 4 Aug.— 2d, endors.
Memphis* Cha'ston— Lst,7s
Greenville
7s,
guar
2d, 7s
00
107
ICvansv.
100
C—1st,
Hous. 4 Tex.
Western Div
113
108
78*
t. ...
311
72*
73
2S
*
No
cert., 6s
Evansv.
1st, 7s, Id. gr., not guar.
1st, ex land grant, 7s
..
ex
2d mortgage, 8s
7l
.
,gld
Waco
Consol. bonds
Indianap. Bl. 4 W.— 1st
Indianapolis 4 St.L.— 1st, 7s
Indianap.4 Vine— lst,7s, gr
International (Tex.)— 1st, 7s
Conv.. 8s
Int. H. 4 Gt.
m
No—
Jack.L.4 S.—8s, 1st, "white"
Long Island— 1st mortgage.
Montclair & G.L.—1st, 7s, n.
N. J. Midland-lst, 7s, gold.
2d mort
New Jersey South'n— 1st, 7s
N. Y. 4 Osw. Midl'd— 1st m
M
06
S7
LOB
92
70
Certificate, 2d mort,, 8s. ..
Nashville Chat.4 St. L.-7s
lst, 8s, Tenn. 4 Pac. Br. ..
lst, 6s,
McM.M.W.4Al.Br.
Northeast.,
S.
8s.
C—lst m., 8s.
2d mortgage, 8s
^
Orange
4 Alex'a— lsts, 6s.
2ds,6s
3ds,8s
4ths.8s
73
Rich. 4
101
109
lor.i..
50
IS
6
8
42
15
60
56
95
34
50
17
M
consol., 6s
Ga—Conv., 7s, '86.
Stock
S. Carolina RR.— lst m., 7s.
7s, 1902, non-enjoined
Savan'h 4 Char.— lst m., 7s.
Cha'ston 4 Sav., 6s, end.
—
West Ala.— lst
2d mort.,
8s,
mort., 8s
guar
PAST-DUE OOUPOMS.
Tennesssee State coupons.
South Carolina consol.
Virginia coupons
Poor!* PoVIn * .1— 1st m...
consol. coupons...
40
no
price to-day these are latest quotations made this week.
Receiver's certif's, labor.
Oswego 4
do
other.
Rome— 7s, guar..
;
BR
LOO
20
103
30
110
66
95
72
93
95
102
40
116
108
80
55'
97
95
70
3
35
101
99
110
70'
70
60
15
86
35
110
104
99
94
5
3
60
105
40
112
70
97
76
96
100
*
50"
110
85"
00
60
100
100
80
5
45
101
102
115
91
85
85
70
25
90
38
112
107
92*
107
98
102
106
112
07
KK)
M
62
Dan.— lst
Southw.
85*
23
+108
105
35
45
New lst mortgage
New debentures
4 Jacks.— lst m., 8s
N. O.
Norfolk 4 Petersb.— lst,
lst mortgage, 7s
2d mortgage, 8s
107
103
104
106'*
5
coup, on
115
KI.V
90
90
25
32
26
105
106
RAILROADS.
Ala.4Chat.— Hec'rs ct f s.var
114
80
22
K30
24
100
100
110
104
73
73
70
Wijm'ton.N.C—6s, g., cp.on
Sterling,
H—
1st m., 7s, land gr't, 'SO..
with coup, ctfs tl2'6'
do
2dmort.,'86
do
with coup, ctfs iW4
Inc. coup. No. 11 on 1916 *60
Inc. coup. No. 10 on 1916 *.... 70
10H'.,
Den. Div. 6s ass. cp.ctf. 103*
100* Pennsylvania RR—
Pitts.Ft.W.4 Chic, 1st m. *128*
do
do
2d lit *123
123
do
do
3d m..
And accrued interest.
New Orleans— Prem,,
25
25
15
15
25
50"
—6s, old
8s, interest
tss'
t
10
102
Grand River val.— 8s, 1st m +103
Hous.4 Gt.N.— lst,7s,g.,ctfs 84*
23
new
60
20
20
10
Nashville
6s,
50*
103
110
102
106
65
75
70
20
5s
102".j
110
100
107
97
104
58
20
102
100*
lis'
.
coupons on
funded
Consols, 5
100
111
71* 73
54
57
MM
88
.~,
do
Chic 4 1. C, 1st con
do
2d con..
do Tr't Co. ctfs. 1st con
do
do
2d con
Rome w«t. * n.._n». 1
15
45
108
105
106
xl05
x91
1st m.,0s,'95,with cp.ctf*
Col.
115
on....
+113* 314* Norfolk—6s
Petersburg— 6s
115
+112
tioo
Con. mortgage, 7s
lii'
*106*
Cleve. 4 Pitts., consol., s.f.
do
4th mort...
7s,F.L
Montgomery— New
108
115
KIM
tll3V4- 114
70
97
101
Columbus, Ga.— 7s, bonds.
Macon— Bonds, 7s
Memphis— Bonds, C
Bonds, A and B
Endorsed M. 4 C. RR....
Compromise
Mobile— 5s, coupons
105
113
tl07
95"
60
87
.
C— Stock, 6s
Charleston, S.
6s,
104
.
CITIES.
Atlanta, Ga.—7s
8s,
103"
90
105
112
113
Augusta, Ga.— 7s, bonds...
115
114
88
100
100
90
60
94
85
3
70
110
93
. .
Water works
90
*".'
10s*
120*
a
M
WW
101
+101
Rejected (best sort)
M.4 S +103'
Texas-6s, 1892
J.4 J +111
7s, gold, 1892-1910
J.4 J. +112
7s, gold, 1904
10s, pension, 1894. J.4 J. +99
Virginia— New 10-40s
49*
—
Erie
with coup, ctfs
1st m., 7s, Leav. br., 96.
do
with coup, ctfs
lstm.,7s,R.4L.G.D'd,99
do
with coup, ctfs
—Con., 6s (good)
40
33
108
89
SB
57
Quotations.)
So.Carolina
*9'6'
40
1
STATES.
N. Carolina. —New 4s
C.C.C.41.,7s
Stock
97
1st m., g'd L.S. 4 M.S., 7s. 104* 10CU, Memp. 4 Lit. Roek— 1st, 4s.
lstm., 7s
Mississippi Cent
110
Col. & Hock. V.-lst,7s,30yrs +106
2d mort., ex coupons...
+100
1st, 7s, 10 years
102'
Miss. 4 Tenn.— Lst m., 8s, A
+100
2d, 7s, 20 years
Lst mortgage, 8s, B
64* 07
Dan. Urb. B1.4 P.— 1st, 7s, g.
Mobile 4 Ohio-Sterling,
75
Denver Pac— lst,7s,ld. gr„g 72
90« Cln.4 Spr.-lst,
lstm.,6s,'96
!
106
Det— 1st, 7s, g
Union 4 Logansport— 7s
Union Pac, So. Br.— 6s, gld
Southern Securities.
35
equipment
85
102
it Crawfordsv.— 7s.
Hen. 4 Nashv.— 7s. 80
Chic-7s,
g.
55
Evansv. T.H. &
90
Flint 4 Pere M.—8s, I'd gr't
7s, gld,'71
84
Galv. Hous.4
lst,7s,l.g.gu
107
R.4Ind.—
Gr'nd
106*
Consol. mortgage
104
C. St. L. & N. O. Ten. lien 7s
do
do 1st con. 7s bo'
Lack.
4
West—
2d
m.
Del.
*107
7s, convertible
Mortgage 7s, 1907
lio'
Syr. Bii *h. & N. Y., 1st, 7s 109*
Morris \ Essex, lst
..
130
inc., 7s
108* Chic.& Southwest.— 7s, guar
U12
m
Tol. Can. S.4
106
107
Income, 7s..
1st m., Carondelet Br.
South Pac. of Mo. — 1st m.
Kansas Pac— 1st m. ,6s, '95
iios',.
114*
100*
grants, 7s
Sinking fund
Registered, 8s
Pacific RR. of Mo.— 1st
2d mortgage
lis'
Sins'
Peninsula, 1st m., conv...
Chic. 4 Milwaukee, 1st m. siie'
4
Land
nog
uoo
.
125'
ua
in
108
*106
103
H09
+114* 116
RAILROADS.
Atchison 4 P. Peak— 6s, gld
Bost. 4 N. Y. Air-L— 1st m.
California Pac— 7s, gold..
2d mortgage,
I
78
54
52
do
class C
60
St.L.4 S.E.— Cons., 7s, g.,'94
St.L.Vandalia4 T.H.-lst m •107
.
tlOl
+113
Poughkeepsie— Water
Rochester— Water, 1903.... +113
1894
+110*
water,
Toledo— 8s,
+100
7-30s
+111
Yonkers— Water, 1903
Chic. St. P.4 M.—6s, g.,
Land grant, 6s, gold
1st
94
F—
St.L.4 San
2d m.,class A
2d mortgage, class B
105*
2d mortgage, guar
105* Sand. Mans. 4 Newark— 7s..
103* Scioto Val. 1st 7 p.c. s.f bds
113*
South Side (L. 1.)— 1st mort
lis'
South Minn— 1st m., 7s, '88.
96
1st mortgage, 7s (pink)
" 56
no
Extension
Oswego— 7s
.
m
92*
*112H
f'd'.'.
m
80
114
tuo
Land grant bonds
Western Pacific bonds.
South. Pac. of Cal.— 1st
Union Pacific— 1st mort.. *109
1031.,
110J4
4 Oregon,
State Aid bonds
iff
109
lstm.,C.
Con. sinking fund
2d mortgage.
lstm., 7s, I. 4 D. Ext...
Cal.
1021,
113
I1MM 125«
...
Central Pacific— Gold bds
\\\%
*125
09
2d consolidated
95
99
102
+106
+90
tl09
—
i"
95'
97*
Cblc.Mil.4 St.P.— lst,8s,P.D
2d mort., 7 3-10, P. D....
1st m., 7s, t gold, R. D.
—
85
*126
*124
126
6s, 2d mortgage, gold
N. Y. Elevated-lst, 7s, 1900 110 111* Cent, of la.— 1st m., 7s, gold
Ohio 4 Miss. Consol. s. f'd 112*
Chic.4 Can. So.— 1st m.,g.,7s
113
Consolidated
Chic. 4 East. 111.— 1st m., 6s
1st m., Springfield div
Pacific Ratlroads—
.
.
do
Huds. R., 7s, 2d m., s.f.,'85
Canada South., 1st, int. g
Harlem, 1st m., 7s, coup.
do
1st m., 7s, reg
110' 4
98*
110
104*
104*
4 Hud., 1st m., cp.
ist m., reg.
125
102
Adjustment, 1IMJ3
*95
Lehigh 4 W. B., con., g'd
assent'd
do
Am. Dock 4 Impr. bonds. 88'
assented *88
do
St. P., 1st
N. Y. C.
4
I
94*
New 3s
Indianapolis— 7"30s
Long Island City
72* Newark City— 7s, long
Water, 7s, long
32? 4
107
6s, 1887
6s, real estate
6s, subscription
105
Consol. mort., 7s
5s, sinking fund
Chic. Rk. 1.4 P.— 6s, cp.,1917
6s, 1917, registered
M., 1st, g., 5s
Central of N. J.— 1st m., '90,
1st consolidated
assented.
do
110*
s. f...
114
CITIES.
Long
Hartf ord— 6s, various
1902
'
(Brokers
Albany, N. Y.—6s, long
Buffalo— Water, long
Chicago 6s, long dates
*112*
n'3*
7s, sewerage
111*
7s, water
7s, river Improvement
102*
105* Cleveland— 7s, long
94« Detroit— Water works, 7s..
S7
90* Elizabeth City— Short
LOS
...»
86
(Brokers' Quotations.)
120
120
120
119
.
.
Keok.4 Des
7s,
117
D. of Columbia— 365s, 1924.
3
3
Burlington Div
2d mortgage. 1886
li7*
Equipment bonds
Mo.K.4 T.-Cons.ass.,1904-6
tl05»
10W)
.
Cent— Cons.,
1st mort., 8s, 1882,
Sinking fund
Joliet & Chicago, 1st m.
107
Louis'a 4 Mo., 1st m., guar
98 up
2d 7s, 1900.
do
iU2<4
St. L. Jack. & Chic, 1st
do
Cairo 4 Fulton, 1st mort.
Cairo Ark. 4 T., 1st mort.
K.C 4
R. E.4 R.,7s
Omaha Div., 1st mort., 7s
St.Chas.B'dge.lst, 7s. 1908
North MissourL 1st m., 7s
St. L. Alton 4 T. H.— 1st m.
2d mortgage, pref
1st
ex matured coupon
3"
BONDS.
.
,
Stock Exchange Prices.
Bost. H. & Erie— 1st m..
1st mort., guar
C. C. C.
109
.
KM
—
—
Pennsylvania Coal
Mariposa L'd 4 Mining Co.
pref
do
do
Ontario Silver Mining
Hoinestuke Mining
Standard Cons. Gold Mining
Pullman Palace Car
Winona 4
112*
mort
Consol., 7s, 1910
123
121
Erie 1st mort., extended.
Pur. Com. rec'pts, 1st, E.D
104
lst.W.D.
2d mortgage, 7s, 1879
do
108*
do
Bur. Div.
3d mortgage, 7s, 1883
*104* 105
4th mortgage, 7s, 1880
1st pref. inc. for 2d mort.
108
5th mortgage, 7s. 1888
1st inc. for consol
7s, cons., gold bonds, 1920.
Tol.4Wab.— lstext.7s,ex cp.
ex coup., Sept. ,'79 4 prev lii 111*
1st St. L. div.7s,ex mat.cp.
115
Long Dock bonds
2d mortgage ext.. ex coup
Buff. N. Y.4 E, 1st m., 1916 116*
Equipment bonds, 7s, 1883
74*
N.Y.L.E.4W.,n.2d,con.,6s
74*
Consol. conv. ex coupon.
9*
do 1st, con., f cp.,7s
Gt. Western, 1st m., ex cp
15fc
do 2d,con.,f.cp.,5s,6s 72* 73
do 2dm.,7s,'93,ex cp
105
104
Han.
&
St. Jos.—8s, conv..
8. 4 Tol., 1st, 7s, '90,ex cp.
146M
Ill.Cent.-Dub.4Sioux Cist
1.4 So. la., 1st m.7s,ex cp
Dub. 4 Sioux C, 2d div..
West. Un. Tel.— 1900, coup.
104k 105H
Cedar F. 4 Minn., 1st m.
1900, registered
4t% 47
Lake Shore
Spring. V'y W. Works, 1st 6s.
45
Mich S. 4 N. Ind., a. f ., 7s. Ill 111*
INCOME BONDS.
99*
111* Central of N. J., 1908
Cleve. 4 Tol., sink. fund..
new bonds. *109*
do
Leh. 4 Wilkes B. Coal, 1888
42"
101
Cleve. P'ville 4 Ash., old.
St.L.I.M.4S.,lst 7s,pref .int.
new *112*
do
do 2d int. ,6s. accum'e
Buffalo 4 Erie, new bds... *113*
Chic St.L.4 N. C,2d m.,1907
107
State
Line,
7s,
Buffalo 4
List.
miscellaneous
41*
Kal'zoo 4 W. Pigeon, 1st.
Det.Mon.4T., 1st, 7s,'1906
24
Lake Shore Div. bonds. ..
155
cons, coup., 1st
do
cons, reg., 1st..
do
cons, coup., 2d.
do
cons. reg.. 2d
do
Louisv.4 Nash.— Cona.m. ,7s
24* 25*
2d mort., 7s, gold
i'O
Nashv. 4 Decatur, 1st, 7s
Marietta 4 Cin.— 1st mort.
1st m.,
1st m.,
105*
Br., 1st
V,
Rensselaer & Saratoga
St. Louis Alton 4 T.
Atlantic
HI
Arkansas
St.L.
110
2*
110
—
. .
Nashville Chat. & St. Louis.
New Jersey Southern
N. Y. Elevated, ex priv
N. Y. New Haven 4 Hartf
Ohio & Mississippi pref
Pitts. Ft.
Coup., 7s, '94
Reg. 7s, '94.
"'*
103
103
105* 106
do
2d mort.
3d mort.. UOO
do
do
1st con., guar 103
lst.coup
Rens.4
Saratoga,
53
1st, reg.
do
4!% Denv.4 R.
Grande— Lst.1900 90*
Ind.Cin.& Laf
Keokuk 4 Des Moines.
pref.
do
do
do
110*
1st Pa. div., coup., 7s. 1917
reg., 7s, 1917 .
do
Albany 4 Suaqueh., 1st ra,
ISO
Manhattan
extended
do
do
do
113* 115
.
4 Nashville
4 Cin., 1st pref
'Mi
2d mortgage
do
7s of 1871. 109
do
1st con.,g'd..
Del. 4 Hud.Canal— 1st m.,'84
40
15
28*
6s,
103"
1IIM 101.1. ANEOV8 STOCKS AND
St, 1..4 Iron Mount'n — 1st m
87*
Morris 4 Ess'x.b'ndB, 1900
construct'n
do
Albany 4 Susquehanna
Boston 4 N. Y. Air L., pref.
Burl. Cedar Rapids 4 No.
Chesapeake 4 Ohio
1st pref.
do
do
2d pref.
do
do
Chicago 4 Alton, pref
Chicago St. Paul 4 Minn..
Dubuque 4 Sioux City
Marietta
do
class 2
1881
6s. 1886
Kallroad Slocks.
Harlem
do
Ohio—6s,
40"
IX
14
iris*
105
107
.
,¥
IK
due 1889 or
6s,
.
24*
24*
9*
107
idi"'
Land Com., 1889, J. 4 J
do
1889, A.4 0...
121
23
23
100
80
109
88
....
55
10
11
106
117
120
is'
38
Rhode Island—6s,coup.'03-9
1887
North Carolina— 6s, old.J4J
6s, old, A. 4 O
87" 88
si"
Class C, 2 to 6
Bid. Ask.
SECURITIES.
Missouri— Han. 4 St. Jo. ,'87.
New Tork-6s, gold, reg.,'87
100
100
18
18
18
18
18
18
18
102
96
70
31*
32*1
95
97
97
40
100
50
50'
112
112
115
115
15
40
20
80
20
}
August
,
"
.
THE CHRONICLE
10, 1870. J
NEW YORK LOCAL
Capital.
SECURITIES.
Insurance alack
Pkiox.
I>IV[DXNDS.
Surplus
,.,-._„.
*«nonut
S
"
.1,000,000
Butchers'* Dr.
Central
8,000,000.
Bowery
Broadway
Chase
800,000
450.000
800,000
HOO.00O
Chatham
Chemical
Citizens'
100 1,000.000
....
Km
.ooo
'-.
Continental
1. Ill HI, (II III
Corn Kxch 'ge*.
l.oi
»aet River
11th Ward'....
Fifth
Fifth Avenue*.
First
Fourth
Fulton
iii.iii III
250,000
100,000
150,000
100,000
500,000
100 3,200.000
1)1
Gallatin
111,01 III
1,000,000
German Am.*
German Exch.'
750,000
200,000
200,000
200.000
825,000
Germanla*
Greenwich'....
Grocers*
Hanover
100 1,000,000
8.1.0
,:
,211
AJ
M.4N
J.
l)
400
1«3,100 .1.4
$82,100 1.4
02.300 J. 4
340,00'J J. 4
27,000
(100,000
50!2,050,000
100,000
400,000
EH
Mechanics'
iii.iii
id
2,000,000
Mech. Assoc'n.
Mech'lcs4 Tr.
.',1
III.III III
800,000
51
Mercantile
Merchants'. ...
Merchants' Ex.
Metropolis*.
Metropolitan ..
K'f 1,000,000
50:2,000,000
5011,000,000
300,000
8,000,000
Murray Hill*..
100,000
Nassau*
1,000,000
New Yor»
2,000,000
». r.Coentv..
200,000
N. Y. N. £xeV
800,000
Ninth
750,000
No. America*..
700,000
North River*.
240,000
Oriental*
85 300,000
Facflc"
50 422,700
Park
;... 100 2,000,000
People's*
251 412,500
Phenlx...'
20 1,000,000
.
Produce*
Republic
50
184,01
100 1,500,000
600,000
100 300,000
100 800,000
100; 500,000
100 200,000
100 800,000
100, 1,000,000
40| 1,000,000
50,1,200,000
100 800,000
St. Nicholas.... 100!
Seventh Ward.
Second
Bhoei Leather
Sixth
State of N. y..
Third
Tradesmen's...
Union
West Side*
5K
May,
!9.
18
111
July,
8
•'uly.
8
July,
9
July;
July,
July,
'
Inly, '79.
May,
308 400
M.4N
071,210
52 400
40,000
4<,100
14,800
18,400
A.4 0.
F.4 A.
10
8X
3W
id
18
10*
7
7
4.1.
8
J.
J.
if
8
F.4 A
May,
F M July,
6
ii
18
6
111
8
53,100 J.
81,000 J.
J.
J.
2.18,3110
41200
4 J.
4 J.
4 J.
4 J.
s
9
10
196.100 M.4.N.
104,000 J. 4,1.
869 400 J. 4 J.
104.7U0 J.
Empire
102),
50
20
50
100
Metropolitan
do
certificates
Mutual, N. Y
do
bonds
Nassau. Brooklyn
New
do
Tork
V
,
25
bonds
,
certificates,
Central of New York
Williamsburg
do
,
scrip
Metropolitan, Brooklyn
Municipal
do
.
100
10
People's (Brooklyn)
do
do
100
1,000
Va
scrip
..„
do
do
r.
bonds
1,000
May,
Jan.,
July,
May,
8
July,
14, 1879,
1st
mortgage
Broadway
<h
.Stcenth
Ave— stk..
mortgage
Brooklyn City— stock
1st mortgage
let
Importers'4 T..
1st
1st
stock.
...
mortgage
j.rioo.ooo
mortgage
Second Arcnur— stock
3d mortgage
Cons Convert 1 ulc
Extension
Itztti Avenue- stock
1st mortgage
third Avenue — stock
1st mortgage
1st
'79. 3)4
•78. 8
'79.
•79. 4
•79. 6
SX
*
100
St. Nicholas...
Kill
4
8.
«
Date.
w_
»
5
May,
2WJuly,
Quar.
Apl..
1,000,000 F.4 A.
1,000,000 Var.
700,000
4,0011. 01
III
300,000
Var.
300,000
'IW.OOO
50
50 1,000,000
Var. 1,000,0011
100 1,000,000
100 1,500.000
750 000
4
50
Jan.. 70 18
1897
90
Jan , 79 70
Feb., 711 55
Jan., 7u 70
Jan., 70 85
May, 79 4*
Feb., 111 110
1888
104
J.
J.
M.4N.
M. 4N.
145
50
n 100
T
F.4 A.
Quar.
4
50
May,
88
May, 70 S3
M.4N.
J.4J.
J.
110
,11
1882
July, 70
M.4N.
M.4N.
1.000,000 J.
7fl
1898
95
Feb., 18 85
,-•
7), Jan.
133
June, 79 145
Feb., n 110
Feb., 7V 101
7
8
UK)
100
Stuyvesant
Tradesmen's...
United States.
Westchester..
Wllllamsb'g C
Bid.
120
35
100
43
145
130
120
104
60
104
60
90
90
22
96X
80
65
80
95
50
120
108
Broadway.)
100
1,000
100
•
Over
10
»'n
10
3.KI.IKK.
8IKI.IKKI
3118.757
20
298,201
197.602
80
483,1-81 s;o
1(13,191120
145,14420
10
20
20
17*
18
B
25
X
J»n..
-1,42210
100
3
20
80
20
80
June
10-72
Jay.
"79.I0
•7D.10
Aag.
'7u.
A.g.
Ju y
\.a.
5<j'
*
1•7m.
July
:
10
•79. 8t» 113
•79. 5
July
Ju y.
7« 10
1**3
JOO
6
180
80S
"7u.
Ho-
1
ur*
800
10
180
6
12
111
July. *7». S
N'ne July. •77. 5
if
\oo,7m<-a
18
109
Jan.. "79.10
1 ,000,000 1.0W,75S||1'4B 18-50 18 40
Jo'v, "Tw.6-81 100
800,000
531.870 80
20
200
Apl., •7K.10
80,00sl*4
200,000
10
July. "7». 5
10.1.8I0 ao
200,010
HI
16
Aug. •78. 5 UK)
135.8H2
20O.IKKI
1.1
15
'uly. 70. 7X 115
204,000
68,253
18
10
Juiy, '7i 3, 91
150,000
N'ne luly, '77. 6
10
73,673
150,000
100
11
13
luly. ~tv. 8
147,083
200,(KX)
110
July. It. 7
10" Ju
888,547
1,000,000
io
ISO
'79. 3
y
703,104
500,01X1
170
30
28
July. "79. 7
184,83(1
200.000
20
10
Jn y. •79. 5 107
200.000 339,0-80
30
40
(SO
Ju y, '79. 7(4
28,078
200,000
10
iuy. 79. 8* so
1 87.81)4
150,000
115
20
July *79. 5
889,588
110
500,000
lo*
Juiy. •7M.13
10
200,000
80
10
10
July. •7U. 5
3,000,000 1,179.304
115
10
July. •79. 3
10
509
r 0.000
10
Jan., 2» : 2*
10
94,260
5IKI.IKK)
"79
12
5
Jan.,
10
86,070
2111 1, IK 10
18
Ju y, •79. 5
10
7,453
200,000
July, '79! SH 60
18
10
200.010 +288,(13«
•79
M'ci
5 IBS
10
10
188,040 „,
150,000
Bo
20
July, •79.10
20
3,42o: 10
280,1X10
50
•79. 5
la..
10
5
143,113 20
180
150,000
20
July. •79 6
16
83,141 10
1.1
200,1X10
*79.
Ju y,
5
10
10
KO
150,000
35,537;io
July. •79. 5
10
10
260,704 20
200.IXX)
180
luly, •79 5
20
16
81,194110
800,000
Jan.. "79. 5
10
10
200,000 203,802ill
July. •79. 6
12
18
119.904U4
250,000
104
July. •79. 6
20
10
l'O
800,000 210,933130
30
July. •79.10
20
179,801 20
in.1
150.000
•79.10
20
Juiy,
20
38,280
200,000
10
10
July, *79. 3
10
118,988 20
200.000
118
20
July. •70. 5
16
88,541 30
2IH1.IKK!
108
18
July, •79. 5
12
165.052 25
200,000
20
Ju y. 79.10
20
104.605 18
200.01 K)
14
July. •79. 5
10
165
210,000 304,366 20
20
July. •79. 5
20
138,855 20
200,000
Au< •79. 5 110
17
14
21,126
200,000
N'ne
;
22,051 ib" lb"
50
BO0.0O0
N'ne Jan!, 79. 5
115
500,000 454,231 10
12
July. •79. 6
11
111,976 12
350.000
11
Apl , •79. 4 100
10
400,203
20O.IKKI
SO
tie
luly. •79.10
20
30
102,046 20
1U8
200 (KK)
20
July. •79. 8
12
108,687 20
1-0
150,000
20
20
Ju-y. '79.10
104,055
110
150.000
80
18
Juiy. •79. 6
12
407,231 10
111)
1 000,000
20
Juiy, •79 6
15
'8IKI.IKKI
8« 3X N'ne ,Nn.. •77. SH (15
46,949 10
200,000
10
July. •79. 5
10
24,638
300 .OIK)
10
10
July. •79. Sii (il
5
2OII.1KI0
13
95
12
Ju y, •79. 5
10
193,078 25
200.000
20
July, •79 10
20
200.000
Los
15}, 16
lulr, '79 8
16
70
200..XK)
Aug. TO 5
23,325 10
10
9
200.000
160.272 11-55 18-88 6-28 K\T. •79. 3X 113
800,000
148,074 15
17M 12X July, "79. * 118
200,000
All,. •79. 3H 70
34,310 10
10
10
Ill V. "79. 5
200.
143.401 20
14
16
800.000
10
100,523 23
J" y, •79. 5 100
20
230,000 210,062 16
120
18
12
Ju'y, '79. 5
800,000 101.565 10
10
AUK •79. 5
10
850,000
403,308 20
20
July, •79.10
20
25
85
m
ao
170
810
103
107
125
100
1811
140
ISO
70
l"jg
UK.
87
188
98
105
70
189
1:18
105
90
130
73
140
110
170
m
190
113
16S
180
125
65
80
190
116
90
7SJ<
171
117
I
8.1
10
50
Including re-Insurance, capital and scrip,
Figures with a minus sign (— ) Indicate extent of Impal
City Secttrlcles).
[Quotations by Dahixi, A. Mokax, Broker,
40
t Inclusive of
menu
Wall Street.]
I.S'TKRKHT.
Bonds
Months Payable
Ntw
York:
1841-«3.
Water stock
Croton waterstock. .1845-51.
..1332-60.
da
do
Croton Aqued'ct stock. 1865.
pipes and mains...
do
5
Feb.,
8
7
6
do
no
..1858-65.
1810.
Dock bonds
Ii75.
do
1865-68.
Market stock
1869
lmpr>vement stock
....i-'-j
do
no
Consolidated bonds
var.
Street imp. stock
var.
do
do
var.
6
6
7
Consolidates
Westchester County
7
6
7
6
7
due.
May Aug.4 Nov.
do
do
do
5
6
reservoir bonds
Central Paik bonds.. 1833-57.
-lo
New
1,000
...
I
all llablliiles.
—
scrip.
8.1
5(1
Star
Sterling
10
Jaly, 78. 6
July 18. 8)4
a
Niagara
North River....
do
do
do
1880
100
Sis
1IH
1883-1880 104
1884-191
iOrt
1884-190O 111)
May 4 November.
Feb. .May, Aug.4 Nov. 1907-1911 li 9
1898
108
do
#0
do
60
May 4 November.
181)5
1901
1808
1894-1887
1888
1879-1880
1901
1888
1879-1888
May 4 November,
do
do
do
do
do
January
do
%*
1
6g
do
do
do
do
do
4 July,
do
108
123
107
118
107
102
113
101
105
107
113
124
US
109
109
128
1C9
119
toi
ne
115
102)4 105
109
UBS
118
1884
118
105
115
119
100
100
[Quotations by N. T. Baxxs, Jr., Broker. 1
Hrookiyn— Local luipr'em'tClty bonds
100
100
500
100
Hrldgi-
,
•
Jaiuary
do
do
do
do
do
do
4
July,
lo
Jo
do
do
do
do
May 4 November,
•lo
do
January * July,
do
do
[Quotations by C. Zabbiskii. 47
Jersey
(My—
Watei loan .long
do
Sewerage bonds
Assessment bonds.
100
1,000
100
1.000
on
....
New
St.]
1879-1880' 101
1881-1805 102
1915-1924 123
1900-1981 123
VH04 1912 121
.1898-1905)112
ltjril- 1805 103
1880-18K3 l.)3
1880-1X851101
113
1924
1907-1910 118
108
111
128
187
127
114X
112
108
107
115
111«
*A1I Brooklyn bonqV 6*4-
1,000
lust dividend
-
do
Park bonds
Water loan bonds
BrUgebonds....
Water loan
City bonas
Kings Co. bonds
do
do
Park bonds
100
—stock
mortgave
1'uis column shows
1st
NasBau (Bklyn)
011
1,000
1.000
(Hist
.
ltrxtntU'i.htr/1 .street
Montauk (Bkn)
Merchants'.
for the National banks, and
M.4S.
1,000,000 M.
8.1
BO
BO
BO
50
Mercantile..
1,000
Houston. West sl.itrav.fy—alk
100
Mech.4Trad'rs'
Mech'ics'(Bkn)
1,000
town-
8.1
1,000
mortgage
Central Cross
l.orlTiard
Manhattan
Bxtshwick Av. (ETklyn)— stock..
100
Mtnlral Fk., S.A E. River— tin.
100
Consolidated mortgage bom's. 1,000
Dry Vock, E. B. <* Battery—stk.
100
1st mortgage, cons'd
3004c
titghtn Avenue— stock
100
1st mortgage.
1,000
2d SI. <t Brand St terry—stock
100
1st
LongIsl.(Bkn.)
85
DO
I
I
,
Manul.4 Butld. HID
10
mortgage bond9
BO
Kings Co.(Bkn) •80
Knickerbocker 40
Larayette(Bkn) 50
100
Lamar.. .'
Lenox
10
15
IB
Paios.
Last Paid.
S
is
50
50
100
Irving....
Jefferson
1878.
BM9
100
,
Howard
1,000
Broadway (Brooklyn')— stock..
Brooklyn <t Hunter's Pt— stock.
5(1
Standard
[Quotations by H. L. Grast, Broker,
Sleeoker St.it Fultonterry—stk.
.10
Hoffman
BO
81
85
Pacific
100
Park
Peter Cooper... 80
People's
BO
Phenlx (Bklyn) 50
Produce Exch. 100
Kellef
BO
100
Kepubllc
100
Uldgcwood
8.1
Rutgers'
July, 79. 3
Var.
Var.
815,000 A. 4 0.
1,850 000 F.4A.
750,000 J. 4 J.
4,000,000 1.4 J.
1,.
r,o
2.1
100
10
Hanover
1876. 1877
M
lo
10
•79. 3),
Aug. •79. 8
July, '78. 3
July, '79. 4
luly, '79. 4
3
Amount. Period.
.1,001
17
Hope
r.
8
25 2,000.000
£0 1,200,000
1.CO0
Firemen's
Firemen's Kund
Firemen's Tr ..
Home
[Gas Quotations by George H. Prentiss, Broker, 24 Broad Street.]
Brooklyn Gas Light Co
Citizens' Gas Co (Bklvn)
do
bonds
Harlem
Jersey City 4 Hoboken
Manhattan
BO
50
Globe
Greenwich
Guardian
Hamilton
Gas and City Railroad Stocks and Bonds.
Par.
City.... too
Kxc'iange.
Karragut.
Safeguard
The figures In this column are of date June
Of same date for the State banks.
5
Gab Coxpanixs.
111
National
87W
N.Y. Equitable 35
New York Fire UK)
N. Y. 4 Boston 100
New York City 100
10
4 J.
100
Kranklln4Kmp 100
German-Amer. 100
BO
Germanla
8W
7
1H
M.4N.
86'l,0'l0
.
A-lg 79. 2)4
July, •79. 8
1005,
July, '79. 3U
Jan., •79. 3
July, •74. sm
An
F.4A.
125 800
§0
70
30
50
DlVIDIMDS.
1879*
ano.000
4.877 10
200,000 -10,914 25
400,000 M80.49 1.1
200,000
88 ,886- 10
200,000
200,000
153.000
300,000
210.000
250,000
300.000
200,000
1IKI
Continental..
Kagle
SU
2^
8
3
17
Columbia
Commercial
•79. 2)4
so
July, •79. 4
180
July, •79. 4
lug •79.
Juiy, •79.
July, •77. 8
July, '79. 8)4
luly, •79. 4
f
78,500 I. 4.1.
75.600 F.4 A.
71.0U0 J. 4 J.
54,000 J.4J.
82 20 J. 4 J.
160,900 l.iJ.
211.500 Q-F.
3011.500 1.4 J.
138,31X1 1.4 J.
1:3,100 J. 4 J.
58.700
337,800 F.'4'a!
8.1
City
Clinton
Mi
lay,
a
4 J.
50
an
Citizens'
July, •79. a4
July, •79. 3)4
July, •79. 4
July. '79. 8
M.4N.
J.
r,o
100
Brooklyn
3
'79. 2
•79. 2),
'79. 3
•79
LOO
llowory
Broadway....
3W
July,
8Ktna
American.,..
Atlantic
5
y, 79. 4
July, 79. 3),
AUK. '79. 5
July, •79. 3)4
July, •76. 3
July, '79. 3
May,
179,50 IIM.4N.
708,000 J. 4 J.
141.4IX) J. 4 J.
57.000 .1.4 J.
848,000 .J. 4 J.
80.7C0
47 500
3M
70.15
July, 79. 2«l ...
July, '79. 8 ilOO
July, "79. 8X HB
July, •79. 4
oil
970rOO|J.4 J.
68.70uM.4N.
7K,000|M.4N.
SB
Amity
•79. '3
'79.
'79.
Adriatic...
American Kxch too
3%
11
8,800 .1.4 J.
101.000 J. Ml.
288 800 J. 4 J.
701101111
112
•79. 8)4.
Apt., •70. 3),
AU*. '79.
May, •79. 5
May, •77. 6
May, •79. 8
Jan., •77. 8
July, •79.
108>i
July, •79. 7
July, '79. 4
Jan., '78. 3
July, "IV. 4
Aug. '79.
IS.
3
J.
4 J.
4
188
3
May
7
217,30 1.4 J.
,(.50 (loo
127
110
2H
M.4N.
4
3
5
8
July,' '79. 5
July, '79 3
May.
May.
1.4
•79.
•79.
•79.
S«
Ju
10
1.4 J
U07.IHI0
131.100 I.
6.700 J.
427.800 J.
500,000
100,000
'79.
J
J.
J.
107.000 .1.4 J.
.4 l.OdO M.4N
,(U:iooo .1.4 j
100,700 J.* J
82M.0O0 F.4A.
6H8O0 1.4 J.
11,400 .1.4 J
43,700 J. 4 J
180,000
.510.000 q-j.
Irvine
Island City* ...
Leather Manuf.
50!
CO!
luly,
Ooolm.m'ly 10O
,880,900 J.
111(1
8
J
I.4J
100,000
,221
Imp. 4 Traders' 100 1,500,000
Manhattan*
Manuf. 4Mer."
Marine
Market ..
Hurplui
July 1.
Amount
Par.
5,000.000
250,000
1,000,000
300.000
Commerce
Net
Capital.
Companies.
Bid. Ask.
Last Paid
Period 1877. 1878.
!
America"
Am. Exchange.
City
dates.
List.
[Quotations by K. 8. Bailbt, Broker. 7 Pine (trset.)
at latest
Mark'dthus(*)
»re not VsA
167
Slock Llit.
ItHiik
Companies.
,
.
.
188S-71.
1866-68.
. 1870-71
Improvement bonds..
stocks, but the date of
maturity of boni*
Hergen bonds
18"
Montgomery
St..
jersey City.
1896
January 4 July.
1899 1902
January 4 Juiy.
1878-1879
do
do
Jan.. May. Jnly 4 >»ov. 1878-1879
189-94
J. 4 J. and J 4 D.
1909
.lan*i«rv «nd J-i'
I
I
I
1
97
99
101
1!
97
97
97
99
97
HO
B
:
:
THE CHRONICLE.
168
Miles
Add
AND
STATE. CITY
The Investors' Supplement is published on the last Saturday
of each month, and famished to all regular subscribers of the
No single copies of the Supplement are sold at the
Chronicle.
regular
office, as only a sufficient number is printed t© supply
subscribers. One number of the Supplement, however, is bound
up with The Financial Review (Annual), and can be purchased
in that shape.
Chicago
&
freight
express
mails
miscellaneous
"
Taxes.
357,996-
Which sum
and
7,707,649
$3,261 ,792
1,225,731
98,120
is
business- with that of
WHOLE
BOAD.
1877-78.
$3,366,678
10,754,168
262,420
284,032
83,763
Ones Earnings.
Passengers
Freight
Express
1878-79.
Int or dec.
$3,240,695 Dec. $125,982
10,037,367 Dec. 116,800
7,800
270,220 Inc.
1,725
282,306 Deo.
06,567
150,330 Inc.
.
$14,580,921 Dec. $170,141
$7,349,652 Inc. $89,534
2.830
357,996 Dec.
300,827
77,402
3,261,792 Dec.
3,339,195
15,000
98,120 Dec.
113,120
Dec.
95
95
50,432
495,104 Dec.
545,136
51,567
Inc.
706,567
654,999
21,060 Inc.
11,377
12,682
$14,751,062
$7,260,1
-
Sinking funds
Rental 0. I. & N. RR
Rental C. Rap. & Mo. R. RR..
Rental Maple River RR
1
$6,718
$12,286,575 $12,293,293 Iuc.
2,464,487
2,287,627 Dec. 176,859
Compared with the previous year, there was a decrease in
passenger earnings of $125,982, or 3 74-100 per cent; a decrease
in freight earnings of $116,800, or 1 09-100 per cent, and an
increase in the aggregate of other earnings of $72,642, or
11 53-100 per cent; making a total decrease in gross earnings of
$170,141, or 1 15-100 per cent.
In operating expenses there was an increase of $89,534, or
1 23-100 per cent; a decrease in fixed charges and other items of
$82,815, or 1 65-100 per cent; making an aggregate decrease of
$6,718, or 5-100 per cent; the decrease in net earnings amounted
to $176,859, as shown in the foregoing statement.
Total
.'
Net profits*."
4,585,644
$2,287,627
five
2,15403 miles.
Total railroad
Exchange Q. &0. U. stock
:
Net income
stock,
537-53 miles.
Total of proprietary lines
Taxes
Int on bonds and gold prein
$6,873,272
The charges to be deducted were
For interest on bonds and gold premium
For rent of Iowa leased roads
For account sinking funds
St.
per last annual report
33075 miles.
for branch lines constructed in Min75-35
"
nesota
62-63
"
Northwestern Union Railway
Iowa Midland Railway
6880 "
Add
Total
$7,349,652
,.'...
Winona &
Operating expenses
$14,580,921
.
1,616-50 miles.
PROPRIETARY RAILROADS.
Peter Railroad and branches,
Mails
Miscellaneous
$3,240,695
10,637,367
270,220
282,306
150,330
Total earnings
The operating expenses were
1,615-96 miles.
"
-54
the preceding year
Northwestern.
:
"
.'
The following statement compares the
(For the year ending May 31, 1879.)
The annual report just published has the following
The gross earnings of all the lines for the year were as
"
31. 1878, as per last annual report
for Carpenterville extension
COMPARATIVE STATEMENT.
REPORTS.
follows
From passengers
May
Total
AND CORPORATION FINANCES.
ANNUAL
JTOL. XXIX.
CHICAGO * NORTHWESTERN RAILWAY PROPER.
%\m&stmmts
"
8
:
equal to seven per cent earned on the preferred
and twenty-one one-hundredths per cent on
the common stock.
Dividends were declared out of the year's profits as follows
3*2 per cent on the preferred stock, Dec. 5, 1 878, pay$753,284
able Dec. 28, 1878, amounting to
:
1%
per cent ou the preferred stock, Feb. 9, 1879,
376,642
payable March 24, 1879, amounting to
per cent on the preferred stock, June 3, 1879, pay376,642
able June 28, 1879, amounting to
2 per cent on the common stock, June 3, 1879, pay299,650
able June 28, 1879, amouutiug to
1%
PASSENGERS.
The number of passengers carried was
3,328,427, being 87,986
than in the preceding year, a decrease of 2 58-100 per cent;
the average rate received was 97 26-100 cents each, against
98 54-100 each for the previous year, a reduction of 1 20-100
per cent.
The entire passenger movement was equal to 116,068,482 passengers carried one mile, a decrease of 2 36-100 per cent from
the previous year; the rate received per passenger per mile
averaged 2 79-100 cents, a decrease of 1 41-100 per cent.
less
Total dividends declared from the year's earnings
$1,806,218
$481,409
Balance of net earnings
At the close of the previous fiscal year (May 31, 1878,) there
remained a surplus of $508,453, after paying 7 per cent on the
preferred, and 3 per cent on the common stock, as shown in the
fast annual report, and from this surplus a dividend was
declared on the common stock of 2 per cent on the 5th of
December, 1878, payable December 28, 1878, which amounted to
The remainder of this surplus, amounting to $208,803,
forms a portion of the income balance shown in the general
accounts of the company. The aggregate of dividends dis-
$299,650.
tributed to the stockholders amounted to 7 per cent on the
preferred, and 4 per cent on the common, stock, leaving the
above balance of $481,409 from the profits of the fiscal year
just closed.
The gross earnings of the Chicago & Northwestern Railway
and leased roads, exclusive of proprietary lines, were as follows:
From passengers
$2,844,062
From freight
From express
From mails
From miscellaneous
9,924,030
254.653
261,694
136,165
The operating expenses were
(4687 1()o per cent)
.
Taxes
Add amount received,
$6,810,811
21,012
$3,210,513
PROPRIETARY ROADS.
Gross earnings—
Winona & St. Peter Railroad and branches
Northwestern Union Railway
Iowa Midland Railway
354,676
9 07-100 per cent. The average rate received per ton was
$2 49-100, against $2 75-100 in the preceding year, a decrease
of 9 45-100 per cent.
631,878,311
The number of tons carried one mile was
623,768,593
The number iu preceding year
Increase
—or
Increase of tons carried one mile
$807,410
278,451
74,453— 1,160,315
It may be noted in reporting the freight traffic that while the
gross earnings from this source fell off $116,800. there was an
increase of 354,676 tons transported during the year, and the
movement per ton per mile was increased by nearly one-tenth
over that of the previous year.
STOCK AND BONDS.
may be issued at
the pleasure of the company for stock of the La Crosse Tremp.
& Prescott Railroad Company, received at its consolidation on
the 6th of June, 1877, and representing the balance of cost of
that property,
On the 1st of July, 1878, $114,500 of bonds, known as Elgin
& State Line Railroad Bonds, issued by the old Galena &
Chicago Union Railroad Company, fell due and were paid. A
like amount of consolidated sinking fund bonds, maturing in
The amount
$4,370,829
$1 ,059.727
Taxes
Interest on bonds
and gold premium
Sinking fund accouut
Combined net
44,127
961 ,346
15,000— 2,083,201
profits
$2,287,627
$4,342,772 remains to the credit of income on
the 31st of May, 1879, after deducting the dividends on common
and preferred stocks declared June 3, 1879.
The net sum of
MILES OPERATED.
The
several branch lines in Minnesota, referred to in the last
annual report, have been completed and put in operation in
connection with the Winona & St. Peter Railroad during the
year, making, together with a short extension in Illinois, 75 89
miles of new railroad completed in the year.
The total mileage is divided as follows
-
of $500,000 of preferred stock
^
1915,
Less for—
Operating expenses
58,109,718
per cent.
The average rate per ton per mile was 1 56-100 cents, against
1 72-100 cents in the previous year, a decrease of 9 30-100 per
Net
$6,837,823
Deduct int. ou bonds and prom, on gold coupons $2,318,458
Rent of Chicago Iwwa & Nebraska Railroad
495,104
Rent of Cedar Rapids & Mo. River Railroad
706,567
Rent of Maple River Railroad
24,060
Sinking funds
83,120- 3,627,310
Net income
4,265,937
3,91 1,261
—equal to 9 32-100
$13,420,605
$0,289,925
313,868- 6,603,794
balance of interest and exchange
FREIGHT.
The total number of tons carried during the year was
year was
preceding
The number of tons carried in
.
were thereupon issued.
Consolidated sinking fund bonds were also issued on advantageous terms to the company in substitution for the followingdescribed bonds retired and canceled, viz.: for $241,900 preferred sinking fund bonds, due in 1885 ; for $55,500 Green Bay
Extension Bonds, due in 1885 ; for $32,200 funded coupon bonds,
due in 1883 ; for $37,400 general first mortgage bonds, due in
1885 ; f or $22,000 Galena and Chicago Union First Mortgage
Bonds, due in 1882 ; and for $2,000 Beloit & Madison bonds,
due in 1888, making a total of $505,000 paid off, retired and
canceled during the year, and the same amount of consolidated sinking fund bonds issued in lieu thereof.
Besides the annual amount of $23,000 of Winona & St.
Peter Extension gold bonds paid into the sinking fund, there
have been purchased $62,000 of this issue from the proceeds of
land-grant lands sold by that company, and the bonds canceled.
—
—
Augil-t
THE CHRONICLE
10, 1879. J
169
For the construction of the branch lines in Minnesota, the
Materials and fuel on hand
Due from express companies
several railway companies organized for that purpose issued
Due from United States Government"
their first mortgage bonds, which were taken by this company
Due from Station agents, eunilngs anil iolie-c'tioni
and endorsed and sold in amounts as follows
Dip from sundry companies and Individuals
Hills receivable
Minnesota Valley Railway Company, 25 miles
First mortCash.
gage bonds, original issue, $200,000. Amount canceled, $50,000;
amount endorsed and sold, $150,0 )0, equal to $6,000 per mile.
Rochester & Northern Minnesota Railway, 25 miles: First
Cr.
mortgage bonds, amount issued, endorsed and sold, $200,000, Common stock and scrip
$10,109,655
•778,213
7.714
76,094
605362
\ntni
um.h7.»
:
:
being at the rate of $8,000 per mile.
Plainview Railroad Company, 16 miles: First mortgage
bonds, amount issned, endorsed and sold, $100,000, being at the
rate of about §6,250 per mile.
Less amount owned by Company..
44.398
1,417.512
.
120,908
$1 4,988,097
Pre'errod stock and scrip
$21 ,702 Bll
Add preferred stock to be issued
for consolidation with l,n Crosse
Tremp'lcau & Prescott R. R. Co.
500,000
'
.
EQUIPMENT.
The total equipment at the date of the last annual report
consisted of 369 locomotive engines and 9,642 cars of all descriptions; to this has been added eight locomotives of the first
class, built in the company's shops, and 712 cars of different
sorts, to wit: ten first-class passenger cars, one parlor car, four
hundred box freight cars, one hundred and fifty platform cam,
one hundred and fifty live-stock cars, and one pile driver car, at
a cost for new equipment, for the year, of $412,941. A further
increase is demanded by the growth of business, especially on
the newer portions of the lines in Minnesota and Dakota, and
for the iron ore transportation on the Peninsula; provision has
been made to meet these wants in season for the heavy Fall
Less for stock to be issued, and stock
•28,202^
and scrip owned by company
|
1
677,321
21,025,522
N. W. R-iilway Co.. various issues bonds. $31,106 oo<( 36,514,220
Chicago & Milwaukee Railwuy bonds
1,700,000
33.1(16,000
Live bonds In Sinking Fund—
Madison extension gold muds
$47,000
Menominee extension gold bonds
40,000
Chic.
A:
I
87,000
sinking Funds paid—
On Madison extension gold bonds
On Menominee extension gold bonds
On general consolidated gold bonds
$47 000
4o'ooo
580,500
traffic.
TRACK.
In no part of the company's property has irrprovement been
in the condition of its roadway, track and
principal bridge structures, and to this improvement the operations of last year have contributed in larger measure than ever
before. 22,692 1 60-2240 tons of new steel rails were laid in the
track, against 15,556 1640-2240 tons the preceding year, an
increase of 45 87-100 per cent, and the entire cost of the rails
was charged to operating expenses. This gave an addition
of 240 3581-5280 miles of steel in main and side tracks,
against 164 5257-5280 miles laid the previous year, an increase
of 45 87-100 per cent. The difference in cost of track renewals
between iron and steel, heretofore charged to construction,
amounted during the last year to the sum of $363,554,
increasing the operating expenses by that amount.
At the close of the fiscal year the company had a total of
991 73-100 miles of steel track, of which 956 41-100 miles had
been laid on the Chicago & Northwestern Railway proper, and
35 32-100 miles on proprietary lines.
more marked than
617,500
777 'Hoo
2*8 7fK
~V'' r,9T
General consolidated gold bonds unsold
Real estate time payments, mostly duo in 1SS0
Balance due leased roads in Iowa
Current bills, pay-rolls and accounts
Coupons, old dividends, 6tc, including coupons dac juiie 1,
1879
_
Common and preferred dividends, pavable June 28, 1*79"
Income account— Balance May 31, 1879
i i"-,7"-( !;3
gg,; ujj*
076202
4,842)773
\
1
$7k.i;k6,080>
GENERAL INVESTMENT NEWR
Coal Trade.— At the auction sale of the Delaware & Hudson
Canal on Wednesday there was a large attendance, but the
bidding was not animated. Grate coal sold at $2. Egg coal at
$2 12Ji per ton. Stove coal at $2 32J2. The total average of
the sale was $2 19% per ton, against $2 55%, the -average
received at the last sale of the Delaware Lackawanna & Western Railroad Company; $2 23^2, the average received at the
April sale of the latter company, and $2 25%, the average
obtained at the sale of the Delaware & Hudson Canal Company
on April 9.
REPORT OP THE LAND COMMISSIONER.
The following table shows the prices received at the sale thisFollowing the practice which has uniformly obtained in this
week, compared with those obtained at the auction sale of the
office, all lands are treated as " on hand " until the title has
Delaware Lackawanna & Western Railroad Company in July,
passed out of the company by deed of conveyance.
and at the last auction sale of the Delaware & Hudson Canal
LANDS ON HAND AND AT THE DISPOSAL OF THE COMPANY.
Company on April 9.
Lands not
Average price
Average price
Av. price AprDeeded
Total of out- deeded or
Tons.
at Aug. 13 sale.
at July 30 sale.
9, D.&H. saloName of On hand during the Remaining
standing
contracted
12,500
grate
00
$2
$2 90
$2 06 14
grunt.
May 31, '78.
year,
uncouveyed. contracts,
to be sold.
12i2
12,500 egg
2
2
45
2 09 3|
Acres.
Acres.
Acres.
Acres.
Acres.
stove
25,000
2
74
2
3'2hi
2 l--'i
13
Minn... .1,151.312-38 8,75292 1,142.559-46 107,501-58 1,035,05788
chestnut
2 5 6 '4
2 27 »aMich... 613,998 30 11,827-62 602,170-08 21,248'38 580,922-30
MenomiThe American Exchange of August 14 says: "The following
Mieeriv.
94,21618
480-00
93,73618
93,73618 table shows the total averages received at the auction sales of
Wis
358,19206 3,662-44 354,529-62
41670 354,112-92 the Delaware Lackawanna & Western Railroad Company during
Total .... 2,217,718-92 24,72298 2,192,995-94 129,166-66 2,063,829 28 the first seven months of 1878, as compared witn the total'
In the report of last year, the number of acres "on hand" averages obtained "at the company's sales during the same
belonging to the land grant located in Minnesota and Dakota, months of this year:
1878.
18 79.
was stated at 1,158,901-15 instead of 1,151,312-38 acres, as given
1878.
1879.
May
$3 32
$2 50
$3 59
$2 23^j
above.
The difference was occasioned by including lands January
3 23
February
2 46 >4 June
3 59
2 89%
located east of range 39, the title to which was then and is March
o 35
3 -^'e
July
3 59
2 54
still in controversy.
3 49
23% August, D. & H
There is also a slight change in the report April
2 19%
of the Menominee River Railroad grant; when last year's
"The Pennsylvania Coal Company yesterday afternoon issued
statement was made, the official diagrams of these lands had its price list, fixing the rate on lump, steamer and grate coal atnot been received, and the acreage was computed as closely as $2 10 per ton; on stove coal at $2 35 per ton; and on chestnutwas possible.
coal at $2 20 per ton. These prices are from 5 to 10 cents perSALES DURING FISCAL YEAB.
ton lower than the company's last circular, which was from 35>
to 45 cents per ton lower on the different grades than the July
Sold or contracted
to be sold
Av. price circulars of the other coal companies. It is said that the new
Name of grant.
during the year.
Consideration.
per acre. circular of the Delaware & Hudson Canal Company will not be
issued immediately, as the company desires to wait, and see
Minnesota
51,704-73
$201,872
$3 90
Michigan
what the actual prices of coal wih settle at."
18,378-34
58,565
3 19
Menominee river
" The following table shows the new circular prices of the
480-00
1,380
2 87is
Wisconsin
2,82334
8,043
2 85
Pennsylvania Company, as compared with the circular prices of
the principal companies in May, June and July, the last circuTotals
73,386-41
$269,860
$3 07
lar of the Delaware & Hudson Canal Company and the average;
STATEMENT OF GENERAL ACCOUNT, MAT 31, 1879.
prices received at yesterday's auction sale:
II
Dr.
Cost of road and equipment
Balance to debit of this account, May 31, "78. $71 ,038,234
Add cost of Menominee Ri ver Railroad
402 500
Add cost of Stan wood <fe Tipton Railway
157.488
Add cost of stock of Northwestern Union R'y
(i 658
Add construction, year ending May 81. 1879.
355.209
Add new eugiues and cars, May 31, 1879
412,941
-$72,373,028
Trustees of Sinking Funds—
Farmcis' Loan and Trust Company, Trustee.
$87,000
Uuion Trust Company
530.500
—
Proprietary Railroads
Balance due from proprietary roads, for construction, purchase, &c. (deducting laud moneys)
Assets—
Railioad bonds
Town bonds
Capital stock of
.....\l'.'.Y.
Winona
&
1,013,923
2,100
160600
'.'.'.'.'.'.'.'.'.'.'.
Peter Railroad!"!."."
I General Consolidated gold bonds on hand....!!!'"!
Advances account land grants
617,500
St.
loo'ooo
777'rico
.'."
28^155
Last
Pcnn.
—Circular prices.
circular Auction Co.'s newJune.
July, of D.&H. average, circular.
.
May.
Steamer
$2 20
Lump and grate... 2 20
2 25
Egg
..
2 55
Stove
2 50
Chestnut
$2
2
2
2
2
45
40
50
80
65
55
2 00
$2
2 60
2 90
2 75
$2 25
2 25
2 30
2 55
2 50
....
2 00
2
2
12%
32%
$2 10
2 10
2 lO
2 352 50-
Cfllnmhns Chicago & Indiana Central.— In regard to the
bonds of this company, and the recent decision
of Judge Harlan, the Philadelphia Ledger has some extended'
remarks, which will be found of interest to bondholders. TheLedger says:
" The counsel of the P. C. & St. L. Railway Co. and the Pennsylvania
Railroad Company contended that the C. C. & I. C. Railway Company
suit affecting the
was required to satisfy all the sectional mortgages covering different
portions of the road by converting the bonds secured by these mortgages
into the bonds of the first consolidated mortgage upon the whole road
lor $15,000,000, and leaving standing of the sectional bonds only
$821,000,— a second mortgtwe uoon the Columbus A- Imliuxvivelis Central"
...
THE CHRONICLE
170
Railway, which wns specifically named; and they also contended that
until specific performance no rental should be paid. The counsel for the
C. C. & I. C. Railway Company contended that the covenant would be
complied with if they reduced the indebtedness to $15,821,000, either
by converting the sectional mortgage bonds into the $15,000,000 consolidated mortgage bonds, and all other indebtedness into the $10,000,000
income bonus, or by reducing the sectional mortgages to seven per cent
bonds, and letting them remain as lions upon tho several parts of the
road to such an amount that, added to the outstanding bonds of the
consolidated mortgage, the two would make, with the $821,000 mortgage, the total of $15,S21,000; and they contended that, as the lease
was held to be valid, they were entitled to a decree immediately for the
payment of the arrearages of reutal, with interest thereon. These quesand Judge Harlan's
tions were fully discussed at Chicago in June last
deoree, at New York, on the 6th inst disposes of them by sustaining the
view taken by the counsel of the C. C. & I. C. Railway Company as to
the mode in which the covenant for reduction of debt is to be specifically
performed, and decrees that they must in that manner specifically
perform it by the let of January, 1880, or that, in default thereof, the
lessee may apply for a cancellation of tho lease. On the other hand, he
sustains the views taken by tho counsel of the P. C. & St. L. Railway
Company and the Pennsylvania Railroad Company as to the rental, and
refuses a decree for the payment of rental until after the C. C. & I. C.
;
,
Railway Company shall have complied with
the debt, and denies altogether the right
its covenant by reducing
of the C. C. & I. C. Railway
they should comply, to recover interest upon the arrearages
of rental, upon the ground that until they shall havo complied with the
decree they are not entitled to the rental. The figures used by Judge
Harlan in his decree show that on tho first of February, 1875, the excess
of bonds over $15,821,000 which the C. C. & I. C. Railway Company
would be required to retire would be $5,191,724, subject to a reduction
of $1,258,000 for second mortgage bonds held by the Pennsylvania Railroad Company, which, if tho lessor comply with its covenant, the Pennsylvania Railroad Company would be required to exchange for bonds of
the $10,000,000 income mortgage, leaving still to be removed an excess
of principal of $3,933,724, and tho arrears of interest on the whole Indebtedness. This last item of interest, upon inquiry, we find is a very large
one, as no interest has been paid since the first of January, 1875, upon
the $10,428,000 of the consolidated bonds outstanding, and there are
also some unpaid arrearages of interest upon the sectional mortgage
bonds. The interest on the $10,428,000 of consolidated bonds from 1st
of January, 1875, until this time would of itself, without compounding
Of the outstanding mortgages, one for
it, amount to over $3,000,000.
$666,000, maturing in 1880, bears ten per cent interest, and, by the
terms of the decree, the lessor would have to pay or satisfy that mortgage in order that all the bonds outstanding should bear seven per cent
interest. There is also a decree amounting to $932,500. with interest
thereon, under the Pullan mortgage, on a part of the road, not
embraced in the foregoing amounts, and for Indemnity to the lessee
against it the Judge intimates he will require the lessor to give Beeurity
in addition to complying with the other terms of the decree. Under
the decree as it now stands it would only be upon satisfying this
excess of $3,933,724 of principal and the whole accumulated interest
upon all of the debt, and indemnifying against the Pullan decree,
that the lessor would be entit led to demand the rental. From the yearly
rental there is to be deducted the net earnings of the road, which since
the 1st of January, 1875— about the time these legal proceedings commenced— have been paid into court, and, under the order of the court,
have beeu applied to the payment of interest to the sectional bondholders. As the balance of the rental bears no interest under the decree of
the court, the amount to which the C. C. & I. C. Railway Company would
entitle itself after compliance would be less, at this time, than $3,000,000. There were one or two minor claims as to the use of rolling stock
and as to the manner of conducting the business upon the road, upon
which full testimony has not been taken and for the purpose of getting
the facts upon these subjects before the court, and an accurate statement of the indebtedness of the C. C. & I. C. Railway Company, these
•questions were referred to a master, who is to hear such testimony as
may be offered upon them, and report to the Court by the 20th of
November next. As there have been numerous and contradictory statements, we have been at some pains to learn the true state of this question as it is left by the decree made by Judge Harlan, and believe that
the above contains substantially all that is of interest, and will enable
the public to understand the position of this litigation. The importance
of the questions and the magnitude of the interests involved render it
highly probable that any final decree rendered after the 1st of January
next will be appealed from to the Supreme Court of the United States
by one or the other of the parties."
Company,
if
[Vol.
-1870-'
July
August..
Sept
October
Nov
Dec
1877-8.
-1878-9.-
Gross
Net
Gross
Net
oarnings.
earnings.
earnings,
earnings.
$
$
364,623
413,894
492,177
518,602
477,6«2
490,651
109,566
144.299
216,097
399,901
465,678
518,677
1115,285
539,982
544,330
Gross
Net
earnings. earnings.
$
r>
224,807
XXIX;
i^.tct
142,746
204,977
247,402
237,483
245,077
263,537
369,007
428.991
407,927
455,099
591,370
505,813
112,929
169,229
153,848
1---2..174
298,442
245,277
Total 1st
6 mos.. 2,757,633 1,135,795 3,011,337 1,341,225 2,758.839 1,162,200
January. 445,768
169,891
494,251
205,395
450,476
182,634
Febr'y
168,138
432,877
416.030
1 I9.ll.il)
17o,3.,o
430,637
March .. 419,149 141,578 434,919 160,689 421,578 143,572
118,(1 13
April
361,372
361,512
99,034
396,082
128,393
Slay.. .. 384,941
119,250
3911,080
132,472
425,750
170,163
June
513,584
307,821
499,467
256,374
Kst,260,O0O
.
. .
Total 2d
6 mos. .2,557,693 1,004,725 2,596,261 1,003,016
Total, yr.5,315,326 2,140,520 5,607,598 2,344,242
The
official
earnings, expenses
and net earnings for June,
1879, are not yet complete,
Marietta & Cincinnati.— Messrs. John A. Hambleton & Co.
say in their circular of recent date: " Mr. John King, Jr., VicePresident of the Baltimore & Ohio Railroad and Receiver of the
Marietta & Cincinnati Railroad, gives the following figures for
the year ending June 30th, 1878. Gross earnings, $1,545,783.
Operating expenses, $1,278,803. Net earnings, $266,980. Payments, rental of leased lines, $256,303— balance, $10,676. Do
the Marietta & Cincinnati bondholders know where this money
is going ? if not, we will try to show them.
The year before the
M. & C. road went into the hands of Mr. John King, Jr., as
Receiver, the Marietta & Cincinnati road owned the following
securities: Cincinnati & Baltimore Railroad Company's stock,
$692,350; Baltimore Short Line Railroad Company's stock,
$1,191,700; Baltimore Short Line Railroad Company's bonds,
$750,000. In the next annual report of the M. & C. road these
securities were conspicuous for their absence.
In the report of
the Baltimore & Ohio Railroad for the year ending Sept. 30th,
the
following
securities
appear
1877,
for the first time: Stock of
the Baltimore Short Line Railroad, $1,241,700; bonds of the
Baltimore Short Line Railroad, $750,000; stock of the Cincinnati & Baltimore Railroad,$747,350. Simply a curious coincidence, you know not worth talking of. Mr. John King, Jr.,
President of the Marietta & Cincinnati Railroad, and his board
of directors, guaranteed the interest on the bonds of the Cincinnati & Baltimore and Baltimore Short Line Railways at 7
ger cent per annum, and on the stock of the Cincinnati &
altimore
and Baltimore & Short Line Railways at 8
per cent per annum. That is where the money goes. More
than half of the net earnings goes to pay the Baltimore & Ohio
Railroad 7 and 8 per cent per annum on these securities. And
yet Mr. King says the B. & O. road has at no time departed
from its policy of friendship to the M. & C. Road. Save us
from our friends. When Messrs. Keiser and Garrett had Mr.
King appointed Receiver of the Marietta & Cincinnati Railroad
they had an order passed by the court, directing him to pay
the interest on these bonds and stocks before the bondholders
should receive anything. How much longer do the Marietta &
Cincinnati bondholders intend to submit to this state of affairs ?"
Missouri Kansas & Texas. Messrs. Robert C. Martin, James
Davenport & Northwestern. —The terms of sale of this road J. Higginson and Moses Williams, Jr., the purchasing committo the Chicago Milwaukee & St. Paul are stated to be as fol- tee of the bondholders, have agreed upon a plan of re-organizalows
The exchange of $l,750,COO Chicago "Milwaukee & St. tion for this company which is summarized as follows in the
Paul five per cent bonds for $1,710,000 of Davenport & North- American Exchange: " It is proposed to organize the successor
western bonds. The latter are worth 35 cents on the dollar. company under the title of the Kansas Missouri & Texas RailThe purchasers take the road clear of all liabilities, the old way Company. If a foreclosure of the first consolidated mortowners being obliged to settle all standing litigation, amounting gage is necessary, it will be carried out, but if possible the
re-organization of the property will be made by the consent of
to some $400,000 or $500,000.
It is said that the prospects for the
all parties in interest.
"District of Columbia.— The new five per cent District of success of the plan are favorable, but the consent of a large
refunding
Columbia
bonds, all of which have been taken, will interest represented by a syndicate of Dutch bankers will have
not be ready for delivery to the successful bidders before the to be obtained. One of the members of the re-organization
1st of September, on account of the delay in ordering them at committee is now in Europe.
the Bureau of Engraving and Printing, which has the contract
"It is proposed to issue $14,752,000 consolidated mortgage
for the work. Owing to a defect in the act under which they bonds of the new company, to bear interest at the rate of 4 per
Are issued, the bonds do not state where they are payable. An cent per annum from February 1, 1880, up to February 1, 1881,
attempt was made to have them made payable at the United and at the rate of 5 per cent thereafter to 1930. These bonds
States Treasury, but the Secretary would not consent to it. are to be exchanged at par for the present 7 per cent consoliThis defect in the law, however, it is reported, will not inter- dated mortgage bonds. There are also to be issued $2,729,120
fere with the punctual payment of the principal and interest of new bonds, bearing 4 per cent interest per annum, to be
the bonds when due.
exchanged for the over-due interest upon the present consoliLake Shore & Michigan Southern.— To the rumors which dated bonds, amounting to 17^ per cent and 1 per cent interest
have been afloat, concerning a lease of this road to the New surrendered for the first year upon the new securities. Should
York Central.a quietus was given by the failure evem to men- there be any default in interest upon the new bonds, sixty days
tion the subject at the meeting of directors at Saratoga on after such default it is provided that the rate of interest shall
Thursday. The only important business done was in taking be restored from 5 per cent to 7 per cent.
"It is also proposed to issue $7,200,000 income bonds of the
uteps toward obtaining control of the Chicago & Canada
Southern Railway at an expense of about $750,000. It is re- re-organized company, bearing interest at the rate of 3 per cent
ported that stock and bonds sufficient to control that line have per annum, if earned, and cumulative if not paid. These will
been accumulated by a few persons, and the Lake Shore Com- be exchanged at par for the present income bonds. For the
pany proposes to purchase a controlling interest. The road is coupons of the old income bonds maturing on or before April 1,
about seventy miles in length, extending from the terminus of 1881, new ineome bonds will be issued in the proportion of $100
the Canada Southern southwest toward Chicago. The New of new for every $300 of the old securities. The stock of the
York Central directors only took measures for building a line new company is fixed at $21,500,000, and is to be issued for old
preferred stock of the Misto connect Erie and Exchange Street Stations in Buffalo. Only stock, dollar for dollar. The old
new income
routine business was transacted by the Michigan Central souri Kansas & Texas Company is to be received for
bonds at par.
directors.
"It is provided that within two years after the delivery of the
Louisville'* Nashville.— We have obtained the following property by the Union Trust Company to the Missouri Kansas
official statement of monthly earnings, gross and net, for the & Texas Company or its successor, an extension of road shall be
past three years:
built or acquired of at least fifty miles into Texas in a south.-
—
;
:
—
:
August
:
THE CHRONICLE
16, 1879.]
westerly direction from Denison or Sherman, and within three
years an extension of fifty miles from Denison in a southeasterly
or easterly direction, an additional fifty miles in one of the two
extensions also to be acquired within the three years. Finally,
the plan stipulates that it must receive the assent of holders of
at least $10,000,000 consolidated mortgage bonds and $2,000,000
income bonds within three months from July 28, 1879, in order
to be effective."
New Castle & Franklin.— This Pennsylvania road is advertised to be sold by the trustees of the first mortgage bondholdThe road is some forty
ers, September 10, at Pittsburg, Pa.
miles long, and extends from New Castle, Lawrence County,
Pa., to Stoneboro, in Mercer County, same State.
New Hampshire. Much interest has been shown in the subject of remedies against defaulting States. The following is a
—
to protect citizens of New Hampshire, holders of
defaulted State bonds
An act to protect the rights of citizens of this State holding claims
against other States. Be It enacted, by the Senate and House of
Representatives in general court convened
Section 1. Whenever auy citizen of this State shall be the owner of any
claim against auy of the United States of America, arising upon a written
obligation to pay money Issued by such State, which obligation shall be
past due and unpaid, such citlzeu so holding such claim may assign the
same to the State of New Hampshire, and deposit the assignment thereof,
duly executed and acknowledged in the form and wanner provided for
the execution and acknowledgment of deeds of real estate, by the laws
of this State, together with all the evidence necessary to substantiate
copy of an act
such claim, with the Attorney-General of the State.
Sec. 2. Upon such deposit being made, It shall bo the duty of the Attorney-General to examiue such claim and the evidence thereof, and if, In
his opinion, there is a valid claim which shall be Just and equitable to
enforce, vested by such assignment in the State of New Hampshire, he
(the Attorney-General) shall, upon the assiguor of suoh claim depositing
with him such sum as he, the said Attorney-General, shall deem necessary
to cover the expenses and disbursements incident to, or whioh may
become incident to, the collection of said claim, bring such suits, actions
or proceedings iu the name of the State of New Hampshire, in the
Supreme Court of the United States, as he, the said Attorney-General,
shall deem necessary for the recovery of the money due upon sueh
claim; and it shall be the duty of the said Attorney-General to prosecute
such action or actions to final judgment, and to take such other steps as
may be necessary aftor judgment for the collection of said claim, and to
oairy such judgment into effect, or, with the consent of the assignor, to
compromise, ml.just and settle said claim before or after judgment.
Sec. 3. Nothing in this act shall authorize the expenditure of any
money belonging to this State, but the expenses of said proceedings shall
be paid by the assignor of such claim; and the assignor of such claim
may associate with the Attorney-General In the prosecution thereof, iu
the name of the State of New Hampshire, such other counsel as the said
assiguor may d^em necessary, but the State shall not be liable for the
fees of such counsel or any part thereof.
Sec. 4. The attorney-general shall keep all moneys collected upon suoh
claim, or by reason of any compromise of auy such claim, separate and
apart from any other moneys of this State which may bo in his hands,
and shall deposit the same to his own credit, as special trustee under
this act, in such hank or banks ns he shall select; and the said AttorneyGeneral shall pay to the assiguor of such claims all such sums of money
as may be recovered by him iu compromise or settlement of such claims,
deducting therefrom all expenses incurred by said Attorney not before
that tbne paid by the assiguor.
Sec. 5. This act shall take effect on its passage.
Approved July IB, 1879.
New York Lake
Krie
& Western.—The
following comparaand working expenses for the month
published in London:
tive statement of earnings
of
May
1878 and 1879
Gross earnings
Working expanses
Net earnings
is
187S.
$1,172,960
919,481
1879.
$1,350,573
1,064,486
$253,479
$285,787
month of $32,307.
net earnings of the first eight months of the present financial year, compared with those of the same period last year,
show a decrease of $137,984.
The Tribune, referring to certain improvements in progress
on the line of this company, says that in February last the
company began work on improvements in Jersey City which,
when completed, will add greatly to the terminal facilities of
the road in that place. On Pavonia avenue, adjoining the passenger station, a ship basin 200 feet wide and extending inland
1,500 feet is being constructed. The depth of the water will be
23 feet, sufficient to float the largest sea-going ships. On one
side of the basin a grain elevator with a capacity of 1,500,000
bushels is to be built, together with a dock for the accommodation of vessels. On the other side a dock is being constructed
which will provide berths for two steamers. Upon this dock, also,
sheds are to be put up for the reception and delivery of goods.
The company has in contemplation, also, the erection in the
same locality of a series of warehouses, six stories in height, to
be used as places of storage and for handling domestic produce
on its way to foreign ports or imported goods discharged from
arming vessels and destined for points in the interior. The
Ofi iks are already completed, the piles have been driven for the
foundation of the elevator, and the greater portion of the
material to be used in its construction is already on the ground.
At the west end of the Bergen tunnel the company is also
erecting an engine-house which, when completed, will accommodate forty-four locomotives. It is designed, however, to
advance this work during the current year only so far as may
be necessary to place twenly-nine locomotives under cover by
the 1st of Januaiy. After that date the work will be pursued
to c mpletion as the needs for further accommodations may
demand. Additional tiacks have also been laid in the Bergen
ird to provide for the storage of freight cars.
It is the intention of the management, as soon as the engine-house is completed, to stop all freight trains on the other side of the Bergen
tunnel where the cars will be assorted and dispatched to the
various portions of the yard at Jersey City for which they are
destined. The walls of the new engine house are being rapidly
showing an increase
3
:
in net earnings for the
The
—
In addition to the above improvements at this end of the line,
171
a
get of engine-houses and machine shops and & grain elevator
are in course of construction at Buffalo, and at various pointn
along the road new Htations are also being built. About fifteen
miles of second track have been opened thou far during the
present year, and it is believed that as much more will Jje laid
before work is stopped by the cold weather.
8t. Lonls & San Francisco.— In the report of thin company
published last week in the Chboniclb, the condensed balance
sheet was made up without including in the bonded debt the
$7,144,500 of South Pacific first mortgage bonds, which constitute a first lien on the property. The total bonded debt should
therefore be stated at $12,436,500 instead of $5,292,000, and the
item left out is by far the most important part.
Texas k Pacific.— At a meeting of the stockholders in Philadelphia, the directors were authorized to issue bonds on the
proposed line from Fort Worth west, not to exceed $20,000 per
the same to be secured by mortgage. The proposal
will be issued for about twelve hundred miles of road
and it is expected will be sufficient to allow of building from'
Fort Worth to the Rio Grande. The report submitted by the
directors was approved. It showed as follows
Number of miles operated during the year, 443 86-100.
Length of main track and sidings at close of the year, 484 56-10o!
Income account
Balance, June 1, 1878
$216 834
mile,
bonds
:
Receipts for the year.
....."" 2,136,143
u
$2,352,998
m . , working expenses
Total
i ,397 ,n
1
Balance credit income
9953 464
Against which there is charged for Interest, taxes, insurance
and other expenses
850,083
Surplus..
$105,380
A loss of 8 37-100~per cent,
gross revenue is shown.
" Human foresight," the report says, "could not have avoided
this, it being occasioned by the yellow fever excitement and the
rigid quarantine regulations in Texas and adjoining States,
which caused a suspension for a time of nearly all business on
the road." The loss on freights was on through business and
on shipments of lumber and live stock.
The report goes on to say that there was not a single case of
yellow fever in the State of Texas last year, but that emigration was as effectually stopped as though it had been epidemic
through the entire State. The percentage of working expenses
to earnings was 65 42-100 per cent, against 62 13-100 per cent
the previous year.
m
Trnnk Line Freights.—The Joint Executive Committee of
the Trunk lines, in session at Saratoga, are said to have agreed
" To discontinue hereafter
upon the following proposition
the practice of contracting for any special or given lota, blocks
or quantities of freight at tariff rates, or less than tariff rates,
to the seaboard, on home or foreign business, and to give ten
days' previous notice of any increase in the tariff." A further
advance of 5 cents in the rates on East-bound freight has been
made by the executive committee of the trunk lines, to go into
effect August 25.
The present rates went into effect on August
4, being an advance of five cents per 100 pounds over those
established at the Niagara Falls meeting early in June. The
present rates are twenty-five cents on grain and thirty cents on
flour per 100 pounds from Chicago.
The Chicago Tribune comments on the advancing rates as
" The Eastern trunk lines mean to make up now for
follows
the losses they incurred on the freight business during the last
winter and the early part ot the summer. During the past two
months the rates to the East have been advanced three times,
and they are now higher than they have been at this season of
the year for some years past. When the last advance was made,
on the 4th of August, it was thought that no further advance
would or could be made until the close of navigation ; but it
seems that the avaricious trunk-line managers mean to pile it
on as thick as possible as long as the shippers will stand it.
Already it is stated that the trunk-line managers are considering the advisability of making a still further advance of five
cents, which would make the rates on grain from Chicago to
New York 30 cents per 100 pounds, and on fourth-class freight*
35 cents. And when it Is announced that the trunk-line managers consider the advisability of making an advance it may be
considered certain that an advance will speedily follow. Of
course, the roads leading east from Chicago severely suffer from
these high rates, as they have to compete against the lake; but
the trunk-line managers care nothing for this, as they get the
lake business any way at Buffalo, and other points on Lake
Erie, and the higher rates they get from these points east and
on the business received from interior roads more than compensate for the loss incurred by their Chicago connections."
:
—
:
Wabash Extension.— A
says that the Wabash
dispatch to the Cincinnati CommerDirectors received a cablegram from
London to the effect that Sir Henry Tyler, President of the
Grand Trunk, had been asked if his road would guarantee its
share of the bonds for a new line from Toledo to Detroit, and
had answered that the Canadian law forbids roads of the
Dominion from guaranteeing the bonds of a foreign road. The
Wabash Directors then passed resolutions that the new road
should be built forthwith. Jay Gould, on being telegraphed
to, answered by saying that he woulr1 advance one-third of the
money. Cyrus W. Field, President, and Russell Sage, Director
of the Wabash, announced their willingness to contribute each
one-third, and Mr. Joy was directed to take charge of the construction of the road, "which will be a separate and independent
line.
Mr. Joy added that he should commence work on the new
road this fall, and expected to have it completed within 90 days.
cial
,
:
.
.
—
.
—
:
THE CHRONICLE
172
[Vol. XXIX.
3^.
%hz (&0ttxmtvtml gimes,
TON.
tDAY. P. M., Aug. 1?, 13*9.
as indicated by our telegrams
from the South to-night, is given below. For the week ending
this evening (Aug. 15), the total receipts have reached 3,432
bales, against 3,945 bales last week, 2,503 bales the previous
week, and 3,272 bales three weeks since; making the total
receipts since the 1st of September, 18T8, 1,143,563 bales, ajainst
4,267,816 bales for the same period of 1877-8, showing an increase
since September 1, 1878, of 175,747 bales. The details of the
receipts for this week (as per telegraph) and for the corresponding
weeks of four previous years are as follows:
The Movement op the Crop,
Friday Night, Aug. 15, 1879.
There is a fair average movement in general trade and the
whole position is an encouraging one. The yellow fever, in its
epidemic form, is still kept within the limits of Memphis, and
•does not, as yet, prove so serious an obstacle to mercantile
Activity as last season. Crop accounts have improved, and it is
now reasonably certain that there will be an abundant yield of
our great export staples, except tobacco, perhaps, and of this
crop the prospects have greatly improved. We have had a
flurry in the money market, but it is believed to be temporary.
Provisions have shown a general improvement, particularly
This is mainly due to speculative
in the matter of prices.
efforts. The Western advices at the moment are of a character
To-day, a slight re-action took place,
to sustain this market.
owing to a lull in the speculative interest. Pork sold on the
spot at $8 90@$9, and for September at ?8 85, closing offered at
$8 80; October sold at $8 85. Lard sold on the spot at 6c. for
prime Western; options were fully 5c. per 100 lbs. lower; September sold at C@5 972£c; October, 6 02>£@6c; December,
J5-85c; November, 5'92^c; seller all the year, 5-80@5-82^c.
Ueftned lard quiet, at 6%e. for continental lots. Bacon was
well held, though quiet, at 5c. for long clear, 5Mc for short
do., and 5%c. for half-and-half. Beef was steady, and in small
Beef hams are very easy, at $18. Butter and cheese
sale.
rather quiet, and not very steady. Tallow has been active, at
;
5M@5%c.
In Brazil coffees a
Sew
much
better trade has been reported,
1878.
249
20
16
&c
Port Royal,
81
2,036
195
591
&o
Tennessee,
1877.
352
104
273
53
159
178
3
1
942
211
1,242
6
259
219
276
290
614
571
421
314
94
279
5
271
29
2,615
31
3,462
4,657
1,733
7,390
&o
week
Total this
. .
Total since Sept.
The exports
1.
1,
1879
29,114
789
5.57
29,376
14,158
672,959
23,788
14,117
682,630
183,613
4,513
101
4,614
2,662
In ocean freight room a good business has been reported.
Rates are perhaps not as firm as a week ago, yet a good regular
.and steady tone is uniformly manifested. The offerings of
tonnage are better. Late engagements, and charters include
Provisions to Liverpool,
by steam, 40@45s.;
cotton, 5-16d.;
London, by steam, 8d.; flour, 2s. 6d.; grain to Cork,
for orders, 6s. 6d. per qr.; do. to East coast of Ireland, 6s.; do.
to the Continent, 6s. 6d., excluding Butch ports and Rouen j
refined petroleum to Ham.do. to Lisbon, 16/£c. per bushel
burg, 3s. 8d.; do. to Bremen, 3s. 6d.; do. to Antwerp, 3s. 6%d.;
To-day, berth room was lower and more
•cases to Salonica, 30c.
Grain to Liverpool, by
active ; charters steady and quiet.
steam, 7?2@8d.; cotton, 3-16@%@5-16d.; cheese, 40s.; grain to
London, by steam, 7M@7/£@3d., inside rate to fill ; grain to
-grain to
996
15
83
7
12
289
1,941
for the
week ending
this
evening reach a
total of
5,012 bales, of which 4,852 were to Great Britain, none to
France, and 160 to rest of the Continent, while the stocks as
made up this evening are now 101,125 bales. Below are the
stocks and exports for the week, and also for the corresponding
week of last season:
EXPORTED TO
Week
is
89,384
17,278
14,234
92,428
89,447
Receipts since Aug. 1, 1879
Sales since
..
Stoek Aug. 13, 1879
rStoek Aug. 14, 1878
158
4,443,563 4,267,816 3,962,663 4,099,984 3,479,219
Great
Britain.
this
Same
Week
Week.
1878.
Total
Continent.
France.
1879.
370
160
4,634
218
week.
160
4,852
2,403
845
85
669
426
524
666
1,434
5,533
78,076
1,124
13,000
41,331
5,832 101,125
56,310
4,794
5,106
218
356
5,012
1878.
1,028
.
Stock Aug.
204
1,337
15
204
Norfolk
City Point,
1873.
1876.
573
242
269
47
551
931
8
ending
noted ; fair cargoes well held
Stock here on the 13th inst., 84,875 bags. Mild Aug. 15,
grades have sold well in a jobbing way at late figures. Rice N. Orl'ns
has remained firm and in good request. Molasses is still dull, Mobile
Charl't'n
and inclined to weakness; Cuba refining, 50-test, nominally 24c. Savan'h.
Refined sugars have latterly been in better demand; crushed, Galv't'n•8%(8>8Mc. Raw grades have also had an improved sale at a N. York.
slight shading in figures, but the close is marked by consider- Norfolk-Otlier
able steadiness; fair to good refining Cuba, GYs@6%c.
Hhds.
Boxes.
Bags. Melado. Tot. this
steadiness in values
1879.
Orleans
-
-
and more
At 13^c.
Receipts this w'k at
291
10,000
Tot.since
Sept. 1. 2068,891 414,077 919,338 3402,309 3326,731
* The exports this week under the head of " other ports" include, from Baltimore, 200 bales to Liverpool from Boston, 18 bales to Liverpool.
;
foregoing statement it will be seen that, compared
with the corresponding week of last season, there is a decrease
in the exports this week of 820 bales, while the stocks to-night
are 44,815 bales more than they were at this time a year ago.
In addition to above exports, our telegrams to-night also give
us the following amounts of cotton on shipboard, not cleared, at
add also similar figures for New York,
the ports named.
which are prepared for our special use by Messrs. Carey, Yale &
Lambert, 60 Beaver street
From the
We
;
Cork
for orders, 6s. 6d.; do. to the Mediterranean, 6s. 3d.; do.
to Bayonne,7s.; do. to Morlaix, 7s.; naphtha to Bristol, 5s.;
refined petroleum to Antwerp, 3s. 7/£d.
Naval stores have continued quiet, though more interest has
been centred in rosins, particularly the medium and higher
trades for export; common to good strained sold to-day at
Spirits turpentine was generally held at 26^c.
1 27/2@$l 30.
In petroleum a somewhat better trade has been reported, and
refined closed here at 6%c. for early deliveries; the depression
is due to lower creek advices and unfavorable foreign reports.
American and Scotch pig irons have been in demand at late
firm figures. Rails are quiet; the offerings of domestic are
taken for some time to come, and English iron is being
resorted to; 10,000 tons were sold for September to January
shipment, on private terms. Ingot copper sold to the extent of
100,000 lbs. Lake, at 16^@16Mc
The demand for Kentucky tobacco has been less urgent, and
late prices are barely sustained.
Sales for the week, 396 hhds.,
of which 258 were for home consumption and 13S for export.
Lugs are quoted at 3/^@5^c, and leaf 6@12Mc The movement in seed leaf is much reduced. Recent rains have much
improved the prospect of the growing crop. Sales for the
week are only 1,240 cases, as follows 150 cases sundries at 9@
18c; 490 cases 1878 crop, New England, private terms; 50 cases
1877 crop, New England, 20c; 450 cases 1878 crop, Wisconsin,
5j2@13c.; and 55 cases 1876 crop, State, private terms. Spanish
tobacco, at slightly easier prices, is fairly active; sales are 600
On Shipboard,
AUG. 15, AT—
Liverpool.
New Orleans
None.
None.
None.
Nono.
None.
2,500
Charleston
Galveston
New York
250
Other ports
not cleared— for
Other CoastFrance. Foreign wise.
None.
None.
None.
None.
None.
None.
None.
2,750
Leaving
Total.
Stock.
None.
None.
None.
None.
None.
5,727
None.
None.
None.
10
None.
None.
10
1,028
100
100
None.
None.
None.
'11,562
250
500
1,334
5,533
66,514
13,624
5,727
360
12,172
88,953
845
75
Included in this amount there are 3,335 bales at presses for foreign ports, the
destination of which we cannot learn.
*
The following is our usual table showing the movement of
cotton at all the ports from Sept. 1 to Aug. 8, the latest mail dates:
RECEIPTS SINCE
SEPT.
Ports.
1878.
N.Orlns 1173,378
Mobile. 362,174
Char'n* 514,551
705,966
Bav'h
Galv.*
565,788
N. York 147,661
Florida
56,436
N. Car. 135,151
Norf'k* 559,827
Other.. 219,169
.
EXPORTED 8INCE
SEPT. 1 TO
1.
1877.
Stock.
Britain. France. Foreign
1370,703 676,859
413,173
57,954
459,528 150,410
598,519 205,463
446.936 221,653
143,931 269.572
14,312
13,756
144,101
44,472
509,071 193.829
162,335 227,074
213,499 347,326
35,583 29,677
57,140 176,143
23,646 232,677
59,478 64,010
14,505 27,053
135
1,967
2,050 18,589
713
5,098
496 18,470
Total.
1242,684
123,214
383.693
461,786
348,141
311,130
15,858
65,111
199,640
216,040
2,522
1,056
82
1,334
3,256
80,647
146
1,682
13,800
:
J>ale3
Havana
at
80c@$l
05.
This yr. 4440,101
2061,012 414,077 919,178 3397,297 104,575
1263.159 2141.605497.743631.554 3320 902 65 337
• Under the head of C/l'irtoscoit is included Port Rojal, 4c: under the head of
9alveston is included Indianola, &c; under the head of Nor/olk is included Citj
Last vo ar
Point, &c.
..
: ..
August
THE CHRONICLE
16. 187S.1
The' market for cotton on the spot the past week has been
variable and only moderately active. There was an advance of
l-16c. on Saturday, Wednesday and Thursday, and a decline of
l-16c. on Monday and Tuesday.
Statements have appeared showing that the stocks of cotton in this market, unsold, are much
smaller than the official statements would lead one to suppose,
and the receipts at the ports are still without important increase.
Liverpool advices were better on Saturday and Monday and again
on Thursday. To-day there was a further advance of l-16c.,
with a brisk export, middling uplands closing at ltjc. For future
delivery there was an advance on Saturday last but the reports
of the Sou'hern Exchanges for July, together with the cessation
;
of excessive rains in Georgia, Alabama and Mississippi, and the
fall of needed rains in Texas, caused, on Monday, a decided
re-action.
Tuesday was irregular, the early months feeling the
depression of cotton in store, but the later months advancing.
Wednesday witnessed a smart and uniform advance, and Thursday some further improvement, favored by strong foreign advices
and rumors concerning the character of the forthcoming Bureau
report, the weather continuing excellent for the growing crop.
To-day the opening was weak, followed by some advance, the
Bureau repott confirming the rumors of its unfavorable character, though being less unfavorable than anticipated, and finally
the later months declined.
The total sales for forward delivery for the week are 471,600
bales, including
free on board.
For immediate delivery the
total sales foot up this week 6,235 bales, including 2,700 for export,
3,595 for consumption,
for speculation, and
in transit. Of
the above,
bales were to arrive.
The following tables show
the official quotations and sales for each day of the past week:
cu.
Biiet.
too
10- oa
1004
1005
1.400
4.000
8.900
10-06
1,300.
TOO..
600
—
—
NEW ORLEANS.
Mon Toe*
UPLANDS.
'I. Ill Tuea
Aug. 9 to
Aug. 15.
Sat.
Sat.
TEXAS.
173
1.400
700..
.10- IB
.
....
.
2.300..
:<>.,..
iJm...
Knr
10-09
10-10
10-11
10-13
800.
..1013
2,200...
2.800...
8.300...
2,700..,
10-14
.10' IS
10-1B
IS 08
..100
.
9" 16 9%
10'ie
10%
10ll„ 10%
101»16 10%
Q'd Ord 10%
8tr.
10%
Iiow Midd'tt
11%
H
Btr.G'd Mid 11%
Midd'g FaU- 127,g
13i,»
Fair
1078
1015,,
1015,,
H'l6
U
6
11%
im
H
ie
9
11% 11%
J6
Uiiie 11% 11% 1U3, 6
12% 12»,6 129 16 1212
13
12'°i« 133 16 13%
111-2
..
913 16
103,6
109,6
11
1015 16 113 16
Btr.L'wMid ll'io
Middling... 113 16
Good Mid
9%
10%
10%
10
Wed
7
16
Tb. Frl.
911,6 9%
BtrictOrd. 10" , 8 lOifl
Good Ord.. 107,6 10%
Btr.G'd Ord 1011,6 10%
OnUn'y.^tt
913,6
9%
103,6 10%
109,6 109,6 10%
1013 19 1013,6 1078
1015,6 1016,6 11
11% 11% 113,6
103 18
LowMidd'g'1013,6 10%
Btr.L'wMid, 11
Wis
Wed Th.
~Wu
H
9%
9%
913,6
ion
10%
10%
9%
103 16
109,„
1013,6
10%
10%
Hhe
113,6
113,6
5
11%
11%
10%
10%
10%
10%
n
H
loir.,,.
16
n%
u%
11%
11%
12^16
131,6
129,6
133,6
Frl.
Wed
11° 16
1113,,
12%
13%
Th.
916,6 913, e 9%
105, L 103,6 10%
1011,6 109, 6 10%
1016, 6 1013,6 10%
lHl8 1015,6 11
11% 11% 113,6
H
Middling... 11%
5 16 11%
113,6 11%
11%
11%
Good Mid.. 117, 6 11% U«,6 119,8 11% 1111,6 119,6
Btr.G'd Mid 1111,6 11% 1113,6 1113,6 11%
1H5 1R
111
16
Midd'g Fair 12% 127,„ 12% 12% 129,6 12% 12%
Fair
13
131,6 13%
13% 133,6 13% 13%
STAINED.
Sat.
Good Ordinary
Good Ordinary.
10",6
10%
10%
10%
10>3„ 10%
9
Strict
Low
Middling
Middling
5, 8
1078
,
'loll
9%
129,6
133,6
Th.
Ex-
port.!
Sat.. At
1,6 adv.; firm.
Cjuietat 1,6 dec.
!...
....
Tues. steady at %g dec
Wed. Steady at ijaadv
Timrs Qu.,ttrm; ad. 1,6.
600
Mon
Fri.
.
.
Firm; adv. of
1, 6
.
Total
!
200
10-18
...1018
700..
1,200
....1080
100...
...
1021
....
10-23
100..
V00...
Mr 18
1,100.
10 83
1020
10-81
300
2.200....
1.400....
8.100. ..
211
563
605
1,100
Frl.
6
,2! io
105,6
1011,6
10.5, 6
11%
M,5 16
1115[
12%
l::'
(
Frl.
Deliveries.
700
600
1.205
2,272
77,900
1,524
70,400
1,200
6,295 471,600
6,500
2,000
64,100
900
520 55,900 1.100
420
424
2,700i 3.595
127,6
131,6
FUTURES.
211 78,900
563 124,400
....
..10-24
....io*a
10 ,4
...10-80
....1 81
...
101
I
'
I
1088
1
.. 10-24
....10-28
....10-88
..
.
800.
•-.TO
..HIM
.
..10-41
.10-41
1.700...
400...,
.10-46
.10 47
.10 48
10 48
.10-60
IfrBl
1.800...
(HI
600..
10-34 I
10-881
"I
100..
:««
"«>...
roo. .
800...
100...
The following exchange has been made during
8.300
the weak:
pd. to exch. 1,000 Doc. for Sept.
The following
will
show the range
and the closing bid and asked,
the past week.
of prices paid for futures
at 3 o'clock P. M.,
on each day
' in
Futures
Saturday.
Monday
Tuesday.
Market.'
Higher.
Lower.
Iri-i-giilar.
For Day.
Closing.
Low. /;../. Ant
August. 11-21-11-20 11-23 25
" s.n.
Sept'b'r 11-20-1108 11-17 18
October 11-40-11-35 10-38 39
Nov'ber 10-20-10-14 10-18 20
Dec'ber 1019-1011 1016 18
Jan'ry 10-25-10-20 10-23 25
Fob'ry.. 10-36-10-34 10-33 36
March 10-47-10-45 10-45 47
11-25
Tr. ord.
Closed.
Steady.
Hlflh.
For Day.
High.
Closing.
tew.
Bid.
A»k
For Day.
//
/'
Cloning.
Low.
Bid.
Atk
11-2611-07 1111 12 1110 11 04 1110 18
—
11-2011-29-10-98 1105
10-50-10-18 10-25
—
—
10-28-1005 1006 —
10-24-1000 10-04
10-30-1006 1008 10
10-29-10-13 10-19 20
10*7-10-25 10-29 32
1115
Finn.
Futures
Wednesday.
Thursday.
Market.
Variable.
Firmer.
11%
11%
915,6 10
105,6 10%
10% 1011,6
1013,1 10%
1015,„
Sales.
100.
1017
8,100
8.800
8.700
8.S00
8.800
800..
600...
ro-is
1107-1101
11-10-10 91
—
—
—
1103
10-29- 10-21 10-28
01 0-1 005
10-09
009- 1004 1008 09
10-13-10-08 1014 16
10-24-10-21 10-24 27
10-34-10 28 10 35 38
1115
Firm
Friday.
16
8AI.E8.
900! 1,372
100
1
109,6
Con- Speo- Transump. ul't'n sit. Total.
|
H
10%
SALES OF SPOT AND TRANSIT.
SPOT MARKET
CLOSED.
10%
I
—
ll'ie
9"%
913,,
103,6
109,6
MARKET AND
16
11%
Wed
Tues
B
11%
1
10%
800..
100..
800.
800..
....1014
.
10-85
JJ»
100..
MOO
Kor Feb rumry.
-4
..10- IS
100.
10-80
.
..1018,
300
For Murk.
12.700
10-10
10-11
.
...
3.m
10-S
1007
.
.
1,000
BOO.
ft
"{ft..
1087
..J.-JJ
_M0
.Ian, is
200
100
700
.
Ordin'y.#B> 9%
Strict Ord.. 1018
Good Ord.. 101s
•00
800
800
64,700
1008
Sk
800..
.10 84
.
Mon. Tue»
Sat.
Ha
11.
ll.ili--.
.1007
.
—
—
I
For forward delivery the sales have reached during the week
471,60) bales (all middling or on the basis of middling), and the
following is a statement of the sales and prices
For Day.
Closing.
March.
Low. Bid. Ant
11-20-11-07 11-20 22
11-09-11-08
11-15-10-90 1114 15
10-38-10-23 10-37
1018-100 10-17 18
10-18-1003 10-17 18
10-21-10-11 10-22 24
10-3210-20 10-33 35
10-45-10-41 10-45 47
Tr. ord
Closed.
11-25
S • idy.
Sigh.
August.
" s.n.
Sept'b'r
October
Nov'ber
Dec'ber
Jan'ry
Feb'ry
•
To 2
P.
For Day.
Closing
High.
Low.
11-26-
—
For Day.'
Closing.
Ait High. Low. Did Atk
11.2711-20 11-29 30 11-34-11-23 11-28 30
Bid.
11-24-11-11
10-45-10-33
10-23-10-15
10-23-10-14
10-30-10-23
11-22 23
10-43 44
10-23
10-23 —
10-29 30
10-40 4
11-35-1W4 11-25
-
10-45-10-35 10-37 38
10-25-1016 10' 18 19
10-2310-16 1017 18
10-29-10-23 10-25 26
10-40-10-34 10-36 38
10-50-10-47 10-5153 10-51-10-49 10-47 49
11-30
Steady.
M
11-30
Barely steady.
The Visible Supply of Cotton, as made up by cable and
telegraph, is as follows.
The Continental stocks are the figure*
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 15), we add the item of
exports from the United States, including In it the exports of
Friday only:
1879.
1878.
1877.
1876.
Stock at Liverpool
469,000
5S7.000
877.000
818.000
Stock at London
52,440
14,750
33,500
37,000
Total Great Britain stock
StockatHavre
521,440
106000
Stock at Marseilles
Stock at Barcelona
Stock at Hamburg
Stock at Bremen
Stock at Amsterdam
Stock at Rotterdam
Stock at Antwerp
Stock at other oonti'ntal ports.
2,100
22,500
3,500
26.500
29,100
400
100
6,200
Total continental ports....
196.400
601,750
156,250
6,000
31,000
7.250
31.250
45,000
9,000
6.500
17,250
910.500
217,250
6.000
61.000
11.000
71.500
45,500
10,750
7.750
15,250
855.000
161.000
6.500
80,000
11,000
57.750
59,250
15,000
312,500
419,000
427.750
18.000
19.250
:
For August.
Bales.
cts.
SOO s.n. isth 11 ot
100
1104
ioob.ii. isuiil-oo
100
1105
100
1100
100 «.n.:3tiil 1-07
500
1107
100».u.l4thl,-08
300 8.M. llllill 1)8
.11-09
100
800
1110
300
1111
80P
1115
300
11 ,7
11-19
100
100 8.n.l2thlf20
11-20
600
1.800
11-21
11-28
700
300
u-88
300
11-24
lOOt.n.Kthll-26
100
1138
200..
800..
100..
200..
.11-27
11-81
....11-82
... .11-34
...
For September.
600
900
700
1,000
300
4600
3,600
3,400
2.200
2,100
J, 100
2,."00
9.200
4.600
4 500
6.HO0
2,100
4,400
2.500
4,900
3.S00
7,500
.
..
Cts. I Bales.
10-f9
2,800
lc-931
900
10-91
700
'
1095
100
10-«h[
000
10-97
10-98 221.000
10-99
,
1100
1101
1102
1,03
1104
Cts.
11-81
11-82
11-83
11-34
11-35
100
1001
400
1700
1019
1020
700
10-21
1,800
2,200
2,800
1,300
1008
1004
1003
1006
1007
8,000.
1082
4.500
3,300
10-23
10-24
e,-'00
1028
5 600
6.100
U.900
11-12
3200
9.700
11,200
8,700
7.800
13,000
8.H00
1113
800
11-14
11-15
1,100
2.000
10-26
10-27
10-28
10-29
10-30
10-31
10-32
10.
00
11000
8 300
7,00.
10-88
10-87
5.900
3.H00
2.900
10-88
2500
10-tt)
800
1.400
1116
4,31X1
...11-17
11-18
5.000
2.500
ll-Mi 3.900
11-20
8,100
11-21
B.SOO
1122 11.100
17.200
11-84
0,000
11-25, 3.700.
11 88
4.900
11-271 7800
1
I
I
1MB
I
10-33
10-34
10-3)
10-31
10-87
10-38
10-39
1040
1128
9600
10-41
10-42
10-43
10-44
2.600
800
1
,0 90
2,000
1I-29I
,0-91
2700
1130
For November.
10-18
100
1108
1107
1049
1080
8,200.
1,100
1,100.
11-08
Cts.
10-47
10-48
800
100
200
For October.
1017
1,900
l!-05
Bales.
136.200
1103
1110
1111
3.900
4,300
7.000
100.
Bales.
2.900
700
800
BOO
800
600
8.000
3,830
2,600
2,800
...
10-OS
10-09
A mencan—
343.000
148.000
A merican afloat
10-14
United Statesstook
United 8tates interior stocks..
United States exports to-day..
31 ,000
101.125
5.619
1,000
465.000
265.000
38,000
56,310
3,797
1,000
629,744
829,107 1,128,187 1,015,938
126,000
52.440
48.400
315.000
2,000
122,000
14.750
47,500
205,000
"e.OOO
543,840
629.744
405,250 745,500 956.750
829,107 1,128,187 1.015,938
1015
1016
10 17
10-18
1019
10-20
10-21
10-22
10-23
10-27
10-28
900
300
100
Total visible supply
1.173.584 1,234,357 1,873.687 1.972.688
Of the above, the totals of American and other descriptions are as
follows
1018
900
1.K00
914.250 1.359.503 1.282.750
205.000 286.000 416.000
38.000
59.000
83.000
2 2. (KM)
16.000
28.000
56,310
136.746
143.756
10,341
3.797
14,182
100
1,000
Liverpool stock
Continental stocks
1010
10-11
1,200
»«
Total European stocks.. .. 717.840
India cotton atloat for Europe. 315.000
Amer'n cotton afloat for Eur'pe
31.000
Egypt,Brazll,&c.,aflt for E'r'pe
2.000
Stock in United States ports .. 101,125
8tock in U. 8. Interior ports..
5.619
United States exports to-day.
1,000
for Europe
Total American
East Indian, Brazil, die.
Liverpool stock
London stork
Continental stocks
Iudla afloat for Europe
Egypt, Brazil, <tc, afloat
—
563.000
359.000
59.000
136.746
455,000
315,000
83,000
148.758
10.341
14,182
100
314.000
33.500
90.000
286.000
22,000
368.000
37.000
112,750
416,000
28,000
23.300
ffnr
December.
100
9-97
10 48
8.600
100
19-46
800
1000
1001
1002
Total East India,
Total American
&o
Total visible supply
1,173.581 1,234.357 1.873.687 1,972.688
6%«d.
6ii 6d.
Price Mid. Upl., Liverpool....
6%L
6»i«d.
—
.
1
THE CHRONICLE.
174
These figures indicate a decrease in the cotton in sight to-night
of 60,773 bales as compared with the same date of 1878, a decrease of 700,103 bales as compared with the corresponding date
of 1877, and a decrease of 799,104 bales as compared with 1876.
At the Interior Ports
the
movement — that
the receipts
is
nd
shipments for the week, and stocks to-night, and for the
corresponding week of 1878— is set out in detail in the following
statement:
Week ending Aug
15, '79
Week ending Aug.
Receipts Sliipm'ts
Stock.
Receipts Shipm'ts Stock.
9
29
Columbus, Ga
Macon, Ga
Montgomery, Ala
,
Tenn
1,471
....
1,250
5,619
1,081
1,664
3,797
5
12
16
24
24
10
50
167
174
15
18
67
30
6
....
....
87
43
125
7
350
125
407
5
.
Atlanta, Ga.*....
Borne, Ga.*
Charlotte, N. C...
Bt. Louis, Mo
Cincinnati, O
159
161
57
4
24
70
25
50
286
368
Total, new p'rts
444
887
555
2,137
Euf a ula, Ala."
Ga
81
174
565
382
735
329
36
175
877
279
10
.
181
30
86
44
636
33
111
Bhreveport, La
Vicksburg, Miss.*
Columbus, Miss..
Griffln,
530
275
419
175
92
151
44
1,900
1,009
270
21
50
.
Total, old ports.
Dallas, Texas
Jefferson, Tex. .
1,311
9
a
10
50
2
Memphis, Tenn.*
Mats u v i lie
542
367
16, '78.
2
20
141
11
46
28
350
26
798
3,068
1,397
421
679
791
20
60
60
98
93
33
86
170
783
1,433
1,003
5,858
1,664
3,193
2,441
11,477
2,745
4,857
6,238
,
....
30....
show that the old interior stocks have
decreased during the week 1,139 bales, and are to-night 1,822
bales more than at the same period last yeat. The receipts at the
same towns have been 970 bales less than the same week last
totals
year.
Receipts from the Plantations.
—The
following table
is
prepared for the purpose of indicating the actual movement each
week from the plantations. Receipts at the out ports 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:
Week
ending-
Apr. 4
«*
1878.
26,28'
59,886 54,283 140,649 119,991 116,879
51,391 44,851 133,363 108,633 107,005
39,016 40,18' 128,411 95,979 91,966
38,856 36,183 117,074 89,142 87,294
31,196 22,283 107,534 75,550 78,962
24,252 19,031 97,696 65,770 71,546
86,376 56,433 59,249
20,097 19,89'
19,732 16,673 79,009 46,305 51,429
18,220 17,113 67,786 89,025 42,198
12,380 11,089 57,509 34,154 37,570
11,231
6,612 52,154 29,315 32,429
23,28'
29,806
10,721
7,188 45,
6,293 35,811 21,240 25,223
6.879
3,63'
82,07
19,675 22,388
5.919
5,28'
3,032 28,99
18,033 20,691
2,809 27,979 15,494 15,528
3,782
4,086
3,272 25,361 12,527 14,410
2,503 22,472 11,005 13,966
3.671
8,346 13,049
3,945 21,574
3,069
6,23sl 11,4
4,657
3,462 19,118
18
*•
25
May 2
**
9
**
16
•i
23
**
30
Jane 6
18,010
26,641
18,560
17,309
16,288
12,147
9,669
9,390
13
8,526
20
M 27
July 4
8,526
«•
**
11
"
18
25
*•
Aug
6,519
6,10i
4.404
3,676
1
3,299
2,691
2.102
15
1,733
•
•«
1877.
1877.
21,183
•*
82, highest 94
— We
1879.
1877.
1878.
15,737
13,897
13,058
48,082
1879.
40,033
34,977
26,362
32,019
17,604
25,148
31.511
1S.K51
7,471
14,472
11,615
4,948
10,760
7,600
4,780
9.604
8,853
10,940
7,882
7,509
6,461
15,304
7,020
3,171
6,392
1,471
2,141
4,'
4,065
4,
2.210
2,368
4,384
802
1,324
3,645
1,335
2,658
681
1,243
1,204
1,119
2,154
2,149
2,059
410
3,028
2,549
1,890
The above
statement shows
1. That the total receipts from the plantations since Sept. 1 in
1878-9 were 4,451,742 bales; in 1877-8 were 4,257,573 bales; in
1876-7 were 3,940,204 bales.
2. That although the receipts at the out ports the past week
were 3,462 bales, the actual movement from plantations was
only 1,890 bales, the balance being drawn from stocks at the
interior pons.
Last year the receipts from the plantations for
the same week were 2,549 bales, and for 1877 they were
bales.
"Weather Reports by Telegraph. — Rain has
fallen almost
every where the past week. In Texas almost the whole State has
been visited by heavy showers, but it is feared that it is too late
to ensure a large yield. In portions of the other Gulf States
there are serious complaints of too much rain, and caterpillars are
undoubtedly appearing iu considerable numbers, and will do
much harm unless dry weather comes soon.
It has rained hard on six days the past
Galveston, Texas.
•week, the rainfall reaching four inches and fifty hundredths.
The long drought has ended, and heavy rains have fallen in
most sections throughout the State, doing great good, but too
Picking has been interfered
late to give a fair yield per acre.
with by the storm. The thermometer has averaged 79, the highest being 91 and the lowest 71.
Jndianola, Texas.
Rain has fallen during the week on six
—
—
and lowest
71.
Corsicaha, Texas.
have had local showers on two days,
the rainfall reaching twenty hundredths of an inch.
There was
not enough rain to do much good, but fine rains have fallen all
around us. Picking is progressing finely. The thermometer
has ranged from 64 to 99, averaging 78.
It has rained hard on four days of the week,
Dallas, Texas.
proving very beneficial. There has been some open cotton beaten
out, but the yield now promises very fairly. The increased acreage
of this section and northward is estimated at fully 30 per cent.
The thermometer has averaged 77, with an extreme range of 63
to 98.
The rainfall has reached three and forty-five hundredthsinches. The storm has interfered with picking.
Brenham, Texas. There have been good showers here on
three days of the week, and they have been beneficial, but too
The yield here is estimated at a bale to
late to save the crop.
Picking has been interfered with by the
six acres planted.
Some sections have not
storm, but is now progressing finely.
The thermometer has averaged 78, the
yet had enough rain.
We have had a rainfall of
highest being 95 and the lowest 72.
one inch and twenty hundredths. The rain came just in time tosave cattle from perishing.
New Orleans, Louisiana. We have had rain on five days the
past week, a heavy rain on one day and showers on four days,
the rainfall aggregating four inches and fifty hundredths. Caterpillars have appeared, although the injury done is as yet limited.
The cotton plant looks strong and healthy. There are
some complaints of too much rain. The thermometer has averaged 79.
bhreveport, La.
Telegram not received.
Telegram not received.
Vicksburg, Mississippi.
Columbus, Mississippi. The thermometer has averaged 92
during the week, the highest point touched being 98 and the
lowest 87. The rainfall has reached one inch and thirty-four
hundredths. Caterpillars have appeared, though without serious
injury as yet, and rust is developing badly. Cotton is in a criti-
—
—
—
cal condition,
and
—
—
the rains continue, serious
if
expected.
damage may be
—
Little Rock, Arkansas.
It has been more or less cloudy all
the past week, with rain on last Friday and a heavy rain this
(Friday) morning.
The thermometer has ranged from 57 to 84,
averaging 71.
hundredths.
The
rainfall
has reached one inch and ninety
—There has
been no
rainfall
during the
The thermometer has averaged 72, ranging from 55
Two bales of new cotton were received yesterday (14th).
week.
Receipts at the Ports. Stock at Inter'r Ports Rec'pts from Plant'ns
11
H
thermometer
Nashville, Tennessee.
RECEIPTS FROM PLANTATIONS.
Vol. XXIX,
days, tremendously, to a depth of five inches and thirty-nine
hundredths. The drought has ended in a storm. The plant \sso badly injured by drought that there is now very little hope
from a second growth. Much open cotton has been beaten out
by the rain. The storm has interfered with picking. The yield
is generally estimated at a bale to eight acres planted.
Average
—
* Estimated.
The above
|
to 85.
—
Memphis, Tennessee. We have had rain during the past week
on two days, the rainfall reaching eighteen hundredths of an
The therinch, and the balance of the week has been cloudy.
mometer has ranged from 61 to 87, averaging 74.
Week ending July 25. Rain on three days, to a depth of one
inch and twenty-two hundredths. Average thermometer 82,
highest 94 and lowest 74. Condition of cotton much improved,
and it was thought corn would improve.
Week ending Aug. 1.— Rain on live days, the rainfall reaching
one inch and forty-nine hundredths. The thermometer had
averaged 79, ranging from 74 to 92. Cotton had materially improved and the prospect was better than the average. Corn had
improved.
Rain has fallen during the week on four
Mobile, Alabama.
days on three days showery and on one day severely and constantly, the rainfall reaching four inches and thirty-five hundredths.
Crop accounts are less favorable. We are having too
much rain and the plant is shedding, doing much damage.
Caterpillars are reported everywhere in Middle Alabama and
great injury is feared. Average thermometer 77, highest 92 and
—
—
—
lowest 67.
Montgomery, Alabama.
—
It
has rained here on two days, the
rainfall reaching one inch and ninety-five hundredths, and the
Caterpillars have appeared,
rest of the week has been cloudy.
though the injury done is as yet limited. Rust is developing
Average thermometer 76, highest 86 and lowest 64.
badly.
Selma. Alabama. Rain has fallen during the week on four
We are having too much rain and much damage is
days.
Worms are reported doing much damage in cane brake
feared.
crop. Prospects are seriously impaired by the heavy rains.
Madison, Florida. Telegram not received.
Macon, Georgia. We have had rain during the week on two
The thermometer has averaged 82, the highest being 91,
days.
and the lowest 73.
Columbus, Georgia. Rain has fallen slightly on two days the
past week, the rainfall reaching twenty hundredths of an inch.
The thermometer has averaged 80.
Savannah, Georgia. It has rained on three days, the rainfall reaching eighty-five hundredths of an inch, but the balance
The thermometer has ranged
of the week has been pleasant.
from 63 to 97, averaging 77. Crop ^condition not materially
changed since last report.
Augusta, Georgia. The earlier part of the week the weather
was clear and pleasant, but during the latter portion it has been
showery three days, the rainfall reaching seventy-two hundredths of an inch. Accounts continue favorable, and the crop
The first new bale was received on Thursis developing finely.
day from Burke County. The thermometer has averaged 76
during the week, the extreme range having been 65 to 94.
Charleston, South Carolina.—It has been showery one day of
—
—
—
—
—
—
..
..
August
10 1879.
:
THE CHRONICLE.
|
hundredths of an inch.
the week, the rainfall reaching
The thermometer has ranged from 62 to 93, averaging 77.
The following statement we have also received by telegraph,
fifty. Ave
author and to have been adopted as a bright thought,
and suggestive. It Anally comes back to this city in
the following letter from a correspondent
of
St. Louis, Mo., August 8, 1879.
PMinhtrt New York Commercial and Financial Chronicle JVeis
comparison:
**
*79. Alt)?. 15. '78.
Fuel. Inch.
New
fork:
Feet. Inch.
11
7
9
9
Below high-water mark
10
12
5
8
Abovo low-water mark.
Memphis
11
2
3
Nashville
Abovo low-water mark.
1
16
mark...
1
10
low-water
Above
fihreveport
7
21
2
Vicksburg
Above low- water mark. . 14
New Orleans reported below high-water mark of 1871 until
Sept. 9, 1874, when the zero of gauge was changed to high-watei
mark of April 15 and 16, 1874, which is 6-10ths of a foot above
1871, or 16 feet above low- water mark at that point.
Orleans
.
We desire
.
Comparative Pout Receipts and Daily Crop Movement.—
of the port movement by weeks is not accurate,
as the weeks in different years do not end on the same day of the
We have consequently added to our other standing
month.
tables a daily and monthly statement, that the reader may constantly have before him the data for seeing the exact relative
movement for the years named. First we give the receipts at
«ach port each day of the week ending to-night.
PORT RECEIPTS FROM SATURDAY, AUG. 9, '79, TO FRIDAY, ACQ. 15, '79.
New
of
Or-
Fri..
81
14
83
22
23
23
Tot..
249
8at..
Mon
Tues
Wed
Thur
Mo-
Char- Savan- Galnah. vest'n
4
3
15
1
....
4
4
5
37C
68t
53C
15"
164
176
2,086
7
5
7
2
80
20
lfi
81
Wil-
Norfolk.
leston.
bile.
All
ming- othei 8.
Total.
ton.
22
46
38
39
30
29
|
1
....
5(
527
776
764
347
239
809
7
7!
3,462
364
539
218
168
195
701
604
647
967
787
604
....
< 17
....
8
3
99
120
16
•
....
4
despatch
" Silver.—The entire absence of demand for silver
for the
East is to some extent accounted for by the continuous falling
off of exports of cotton from India.
In the year ending Jnn<%
1879, only 646,649 bales were exported, as compared with.
919,413 exported in 1877 and 1878."
Tour last issue makes the total exports (from Bombay and
all other India ports) 71,000 bales more than for the same time
of 1878. There is, therefore, an apparent discrepancy between
yonr statistics and these affecting the cotton trade in two
ways.
1st. There is a larger cotton supply, according to yonr
statement, than is warranted if this press despatch is correct.
2d. The people of the United States are senonsly affected by
a decline in silver, it being one of our important products, a
basis of values, and a vital question for cotton growers and
manufacturers, as a reduced value for silver limits the consumptive power of silver standard nations and their power to
absorb cotton cloths and yarns, to say nothing of its effect on
all other values generally.
Respectfully,
A comparison
we'k leans.
***»»»*
to call attention to the following press
in one of the local papers of this city.
.
D'ys
its
original
showing the height of the rivers at the points named at 8 o'clock
Aug. 14, 1879. We give last year's figures (Aug. 15, 1878) for
Aug. 14,
176
Day & Pboudptt.
It
is
certainly surprising to see
trade matters
European
how
little
information on
journalists are generally satisfied with.
Before we published our visible supply table, no such figures
were given anywhere, except a meagre monthly statement in
two or three Liverpool circulars; and even to this day there are
The movement c ach mont h since Si pt. 1 has been as follows:
papers on the Continent which regularly copy our statement
two weeks after it appears in the Chronicle. The information
Year Beginnin % Septemb er 1.
Monthly
is picked up by our agents all over Europe and India; we obtain
Bece lpts.
1878.
1877.
1876.
1875.
1874.
1873.
it by cable; and then it goes back by mail where it comes from
169,077 134,376 115,255
Sept' mb'r
288,848
98,491 236,868
by cable, and is published there as news. This may suit their
October.
689,264 578,533 675,260 610,316 536,968 355,323
Novemb'r 779,237 822,493 901,392 740,116 676,295 576,103 readers, but would be considered a little stale here.
In the above extract from the London Telegraph we have
Decemb'r 893,664 900,119 787,769 821,177 759,036 811,668
January
618,727 689,610 500,680 637,067 444,052 702,168 another illustration of the same lack of enterprise, and thereFebruary.
566,824 472,054 449,686 479,801 383,324 482,688 fore of a ridiculous mistake made through a want of informaMarch
303,955 340,525 182,937 300,128 251,433 332,703
tion.
Any cotton man in Europe or America knows in general
April....
167,459 197,965 100,194 163,593 133,598 173,986
May
96,314
68,939
84,299
92,600
81,780 127,346 that the statement made was absurd; but they would have been
36,030
29,472
42,142
42,234
56,010
59,501 compelled to go to the Chronicle to find out the exact facts, for
July.
13,988
20,240
17,631
29,422
17,064
31,856 no other paper has ever undertaken such an enterprise as is
Tot.Jy. 31 4,435,737 4,258,486 3,957,386 4,085,531 3,473,936 3,768,597 indicated in our weekly cable of all India exports. The result,
Fero'tage of tot. port
as we give it, is expressed in only a very few figures, but the
97-99
98-00
97-48
99-34
receipts July 31..
9906
work and the telegraphing done to secure that result may be
If any one doubts its extent, let him try the
This statement shows that up to July 31 the receipts at th? easily imagined.
ports this year were 177,251 bales more than in 1877 and 478,351 same service, and after paying the bills for a few weeks he will
bales more than at the same time in 1876. By adding to the
be satisfied.
above totals to July 31 the daily receipts since that time, we
The absence of demand for silver for the East is not thereshall be able to reach an exact comparison of the movement
fore to be attributed in any degree to a falling off in the number
for the different years.
of bales of cotton exported from India, for the exports are
1878-79. 1877-78. 1876-77
1875-76. 1874-75. 1873-74.
really larger, as our figures show.
It is very likely, however,
Tot.Jy. 31 4,435,737 4,258,486 3,957,386 4,085,531 3,473,936 3,763,597 and we should say probable, that the value of the cotton
Aug.l....
419
139
421
635
8.
1,092 exported was less than in 1878, the average of prices of all
" 2....
264
507
1,465
724
8.
521
India descriptions being lower and a much larger portion being
" 3....
395
861
8.
504
410
1,056
" 4....
562
S.
452
846
390
547 Calcutta cotton.
" 5....
698
598
8.
834
701
394
New Cotton.—Eupaula, Ala.—The first bale of this year's
" 6....
509
330
839
8.
301
924 crop of cotton was received here August 11. It was raised by
*>
7....
529
666
618
It was
1,141
702 Major Willam N. Reeves, of Quitman county, Ga.
207
« 8....
340
1,182
247
1,168
960 classed middling, And sold to John W. Tullis & Co. for 18c. per
8.
* 9....
527
700
364
8.
1,032
197
pound.
'
204
.
.
.
" 10....
"
11....
*
12....
"
"
13....
"
14....
15....
S.
776
764
347
239
809
468
8.
712
612
737
505
245
531
764
1,038
1,084
8.
487
598
367
8.
1,963
1,714
8.
New Cotton.—Selma, Ala.—The first bale of mew cotton was
received August 12. It was raised by James O'Brien, of Dallas
county, classed low middling, and sold at 14c. per pound.
New Cotton.—Charleston.—The
of South Carolina cotton
first
bale of the new crop
Blackville for
was shipped from
Charleston August 12.
4,443,563 4,266,193 3,963,680 4,099,028 3,477,840 3,778,889
New Cotton.—Augusta, Ga.—The first bale of new cotton at
It was
Augusta was received August 14 from Burke county.
classed strictly low middling and weighed 422 pounds. It was
This statement shows that the receipts since Sept. 1 up to sold at the Augusta Exchange to Branch, Sons & Co., at 12c. per
to-night are now 177,370 bales more than they were to the same pound, and was shipped by them to Havre. The first bale last
day of the month in 1878, and 479,883 bales more than they year was received eleven days earlier.
were to the same day of the month in 1877. We add to the last
table the percentages of total port receipts which had been
Agricultural Department's Report for Auoust. The
received Aug. 15 in each of the years named.
August returns to the Department of Agriculture, received by
Cotton Exports From All India. On Wednesday of last telegraph this afternoon, show a slight decline from the condiweek a cable despatch, published by the daily press of this tion in July, the average for the whole country being 91; a
The figures for this month and
city, gave an extract from the London Telegraph, attributing loss of 2 per cent since July 1.
the entire absence of demand for silver for the East to the for the previous months of this year and the same months of
falling off in the exports of cotton from India this year. This last year, with the averages for the three months and differdespatch, in traveling westward, appears to have lost the name ences in condition for the two years, are as follows:
Percentag e of total
p'rt reo'i )ts Aug.15
9817
9816
97-80
99-45
99-33
—
—
'
:
THE CHRONICLE.
176
Dec'se.
Perot.
98
94
93
95
96
99
95
94
100
94
Nurtli Carolina.
South Carolina
Georgia
.
Florida
Alabama
Mississippi
Louisiana
Texas
-
Arkansas
Tennessee
<
993
87 81 82 833
104 196
85-7
81 82
08 104 (17 1000
s<;
87 88-7 101 105 as 993
91 87 910 98 100 08 990
06 LOO 973 101 102 08 1003
92 OK 963 93 08 oa 960
OB B8 92-3 98 95 eo 94-3
90 79 87-7 101 106 108 1060
103 06 99-7 88 91 08 95-6
101 106 1000 ;>7 98 09 95-6
•160
14-3
106
80
30
•0-3
20
18-3
'41
*4-4
* Increase.
The North Carolina condition came by telegraph '' 86 or a loss of 8."
above table 96, which would be a loss of 8, the 86
We have entered it in
being a loss of 18.
This statement shows for the season thus far (that is, for the
three months ending Aug. 1) an improved condition of 16 per
cent in North Carolina, of 4'1 per cent in Arkansas, 4% per
cent in Tennessee and 3 per cent in Mississippi; but elsewhere
there is a decreased or poorer condition, varying from 18 per
cent to 2 per cent. If we are to accept the above as correct, the
-
crop of 1879, even on the increased acreage the Department
reported, will fall about 175,000 bales short of last year's crop.
Cotton Exchange Reports for August
in full, the Cotton
1.
[Vol.
XXIX.
The plants are forming, blooming and boiling well, but somo
shedding is reported. The present condition of the crop is good, and
otherwise than being later, it Is better than at the fame time last year,
except in the counties of Barbour, Conecuh, Henry, Macon, Monroe,
8umtor and Winston, which report poorer prospects. Cotton worms
have appeared in 14 counties, about the middle of the State, but have
yet done no damage. Too much rain is generally reported, aud there is
considerable apprehension of serioms damage from shedding, with somo
complaint of injury by rust.
last year.
1878.
1879.
States.
t
;
—"We publish below
Exchange condition reports for August
1
Norfolk Department.
The Norfolk Cotton Exchange (H. 8. Reynolds, Chairman, W. D.
Jtountree and R. P. Barry, Committee on information and Statistics)
issues the following report, covering the Slate of V irginia and the following Counties in North Carolina: Rutherford, Lincoln, Catawba, Rowan,
Davidson, Iredell, Burke, Wilkes, Caldwell, Alexander, Davie, Forsythe,
Yadkin, Stokes, Surrey, Rockingham, Caswell, Person, Granville, Warren,
Franklin, Nash, Wake, Hyde, Pitt, Green, Cartaret, Craven, Beaufort,
Tyrrel, Washington, Martin, Bertie, Chowan, Pasquotank, Camden
Currituck, Gates, Hertford, Northampton and Halifax.
—
North Carolina and Virginia. 23 replies from 18 counties.
The weather up to July 20 was very hot and dry, but since then various showers have occurred. No lands have been abandoned since planted.
Nine replies report the weather more favorable to the crop this year
than last. Nine less favorable this year, and five about same as last year.
Stands generally reported very good. The plants are forming blooms
and boiling well, but smaller than last year.
The orop in general compares favorably with and in many cases is
hetter than last year.
The excessive drought in June and July caused the plant to be small.
Charleston Department
of South Carolina, and is prepared and
covers the Slate
issued by th»
Charleston Cotton Exchange, through their Committee on Information
and Statistics, composed of Robt. D. Mure and L. J. Walker.
—
—
Mississippi. 30 replies from 18 counties.
The weather is reported as having been dry the early part of July,
but rainy the latter part in all the counties, except Chickasaw, Clay,
Oktibbeha and Prentiss, which report hot and dry weather for the
whole month. There has been little or no land abaudoned since planting. The weather compared with that of the corresponding period last
year has been more favorable In 9 counties, equally as favorable in 5
counties, and less favorable in 4 counties. The stands are generally
good, and compare favorably with those at same time last year. Theplants are forming, blooming and boiling very well. The present condition of the crop is good, and about the same to better than last
year, but a little late. Worms havo appeared in four -counties— Alcorn,
Clay, Newton aud Noxubee, but thus far have done no damage. There
has been too much rain, and there are complaints of some rust, shedding and small growth.
New
Orleans Department
Mem-
covers that part of the Slate of Mississippi not apportioned to the
phis and Mobile Cotton Exchanges; the entire Stale of Louisiana, and
the State of Arkansas south of the Arkansas River. The report is prepared aud issued by the New Orleans Cotton Exchange, through their
Committee on Information and Statistics, composed of Wm. A. Gwyn,
Chairman, L. F. Berje, Chris. Chafle, Jr., W. H. Howcott and A. G. Ober.
—
Louisiana. 86 replies from 32 parishes; average date, July 31.
The weather is reported by the greater number of our correspondents
as favorable to the crop and compared with last year, for same time,
more favorable.
Of the lands planted in cotton, no abandonment of importance Is
reported.
The stands are reported good, if anything better than last year. The
is forming, blooming and boiling well.
The present condition ol the crop is good, and in a majority of instances
plant
better than last year.
Worms are reported to have put in an appearance in two parishes, and
rains during the latter part of the month have caused some shedding.
1
Mississippi.— 93 replies from 29 counties; average date,
July 31.
Owing to quarantine regulations in this State, we are deprived of
reports from several important counties.
The weather during the first fortnight of the month is reported dry,
but during the other half of the month copious rains have fallen. Compared with last year the weather is decidedly more favorable, giving
planters full opportunities of cultivating all the cotton planted, ami
therefore there has been no abandonment of lands.
Stands are reported good and equal to (in very many instances better
than) last year
The plant is forming, blooming and boiling well,
tion is good ; comparatively, better than last year.
8heddmg is reported
latter part of the
in
some
sections,
owing
to
and
its
present condi-
very heavy rains
in the
month.
Arkansas.— 49 answers from 24 counties ; average date,
July 31.
The weather during the month has been favorable for cotton in all
except four counties, where it is reported as having been very dry, and
compared to last year, for the same period, it has been more favorable.
A few correspondents complain of too much rain in the latter part of the
South Carolina. 89 replies from 29 counties.
The weather for the month of July, with few exceptions, reported as
very hot and dry until 20th and 25th but balance of month abundance month.
*of rain. No land abandoned except a trifling amount in one county.
No lands are reported abandoned.
The weather for the season to 31st ult. reported more favorable by 23j
Stands are reported good, and on the whole better than last year.
less favorable by 57, and about same by 9. The stands are, with a few
The plant is forming, blooming and boiling well, and its present
exceptions, reported as very good— bettor than last year—forming, condition is good, being reported as better than last year.
blooming and boiling very well, several reporting that thoy never saw
the plant so well fruited at same date. The plant, owing to excessive
Galveston Department
drought, is reported quite small in many counties, and the general fear
is that if heavy rains continue much damage may result from shedding covers tke State of Texas, and was prepared and issued hy the Galveston
and the plant going too much to weed. Slight shedding reported from Cotton Exchange, through their committee on Information and Statistics,
;
and ru6t from four counties. We consider present prospects promising, but about ton days later than last season.
-several counties
Savannah Department.
This report covers the State of Georgia and the State of Florida. The
is prepared and issued by the Savannah Cotton Exchange, through
their Committee on Information and Statistics, composed of J. H. Johnston, Clavius Phillips, J. J. Wilder, L. G. Young and F. R. Sweat.
Georgia. 78 replies from 50 counties.
The dry spell which did some injury to the cotton plant in June has
Seen relieved by very general rain, which, although excessive in a few
sections, has to a great extent repaired the damage done by the drought.
As compared with last year, the weather has not been quite so good,
and the crop is less forward but the stands are excellent, and the plant,
vigorous in its growth, is blooming and fruiting well. Under these
circumstances the prospect for this season, scarcely so promising early
in mouth as the last, has materially improved and is now veiy satisfactory. The complaint of caterpillars is exceptional, and they seem to be
doing little harm.
report
—
;
Florida.— 29 replies from 14 counties.
There has been ample raiu during the month, and some improvement
which is nevertheless not fully up to the standard at this
date last year. The stands are however good the plant though small,
and in a lew instances shedding, is healthy and strong, well fruited, and
full of blooms, quite capable with a continuance of favorable weather to
recover from all its drawbacks. The caterpillars, still noticed in a few
localities, have done no material harm.
The Sea Island section has been fortunate in having very seasonable
showers, and the condition and prospects of the crops are .considerably
in the crops,
;
composed of J. D. 8kinner, Chairman, Isaac M. Kirwan, Chas. Kellner, J.
M. Northman and J. J. Lewis.
Texas. 95 answers from 62 counties.
Thirty-seven counties report the weather hot and dry. Some rain has
fallen in eighteen counties, and very copious rains in seven counties.
—
Six counties report small decrease (not exceeding five per cent In
acreage). No land has been abandoned in flfty-six counties.
Thirteen counties report the weather, as compared with last year, more
favorable, thirty-seven counties less favorable, and twelve counties the
same. The plant has been forming and blooming well in thirty-six
counties, but now there is complaint of shedding in most of them for
want of rain. Twenty-six counties report not forming or blooming well.
The present condition of the crop is reported more favorable in eighteen
counties, less favorable in thirty-two counties, aud about the same as
last
year in twelve couutios.
The excessively hot aud dry weather having caused the bolls to mature
and open much earlier than any season ever known before,
picking commenced very much earlier, and the early receipts are
expected to be unprecedentedly large at the expense of the later months
more, rapidly
Nashville Department
covers Middle Tennessee east of the Tennessee River, and the following
Counties of A labama:— Lauderdale, Franklin, Colbert, Lawrence,
Morgan, Limestone, Madison, Marshall, Jackson, DcKalb and Cherokee.
The report is prepared and issued by the Nashville Cotton Exchange,
through their Committee on Statistics and Information, composed of
Leonard Parks, Chairman, B. Lanier and J. B. Dobbins.
—
Middle Tennessee. 19 replies from 6 counties.
One reports weather favorable, 4 too dry, aud 14 very dry until the
ult., when the recent rains began. None reported any
Mobile Department
abandonment of lands planted in cotton. Five report the weather less
favorable.
13
more
favorable, and one equal to last year's season to this
covers the State of Alabama as far north as the summit of the Sand
Mountains, and the following Counties in Mississippi: Wayne, Clark, date. The stand is reported by 9 as good, aud 10 better than last year.
report
the
cotton
plants as blooming well. The present condition of
AU
Jasper, Lauderdale, Newton, Kemper, Ne.shoba, Noxubee, Winston,
Lowndes, Oktibbeha, Clay, Monroe, Chicasaw, Jtawamba, Lee, Poutotoo the crop is reported by 1 as too small, 2 not so good, and 16 better than
the
same
time
last
year. There is some complaint of recent rains,
Frentiss, Alcorn and Tishamingo. The report is prepared and issued by at
the Mobile Cotton Exchange, through their committee on Information causing the squares and blooms to fall, and one reports black rust.
and Statistics, composed of T. K. Irwin, Chairman, Julius Buttner 8
North Alabama.— 28 replies from 11 counties.
Haas, Louis Touart and G. Thos. Cox.
Fourteen report weather dry to 20th and 25th ult. 8 favorable, and 6
Alabama. 87 replies from 45 counties.
too much rain. Two report abandonment of small crops, and 26 none of
The weather Is reported as having been hot and dry to about the 20th the lands planted in cotton. Fourteen report weather more favorable
of July, since which time it has been wet and raining, only four coun- 8 less favorable, and 6 equal to last year. Eight report the stand as
ties— Blount, Etowah, Henry and Winston— reporting dry weather. good 8 better, and 2 not so good as last year. All report the plant as
There have been no lands abandoned since planted. The weather com- blooming well, hut 3 complain of shedding from recent rains. Eighteen
pared with the same time last year has been more favorable In 15 report the present condition of the crop as better; 7 as good, and 3 not
counties, less favorable in 20 counties, and equally as favorable in 10 SO good compared with last year. There is slight complaint of rust, and
counties. The stands are generally reported to be good, and better than too much rain during the latter part of July.
hetter than at this time last year.
20th to the 25th
—
;
;
.
AT/0U8T
THE CHRONICLE
16, 1879.]
177
SUMMARY OF NATIONAL COTTON EXCHANGE REPORTS FOR AUGUST
Weather
Lands
compared with abaudon'd.
1878.
Weather.
8tan<ls.
Carolina
23
M
S'.l
ding.
Caterpillars.
Remarks.
Very good
None.
None.
Kxoewlve drought
In June and July
Fears of much
dinmige from
shedding.
If
None.
Plant quite
Ingtoexe'i
drought. Crop 1*
but
Good, and
smaller rather
bettor
than last than 1878.
year.
caused plant* to
besmall.
heavy
rains
continue.
days
later
Uua
In 1878.
General
rain
has, to a great
Savannah.
extent, re- Not quite so
damage good. Crop
Ei
ii
All Georgia
Rust and shed
Condition.
Never so well
fruited.
Very hot & dry 23 more favor- None, exable,
cept a
Very good,
Slight shed
up to 20th &
trifling
favorbetter
thaii
well
dlnr
25th July; 57 less
Very
In
able.
amount in last year.
several counabundance of
ties.
rain since.
9 samo.
one county
Ru»l
In 4 counties
Charleston.
All of 8. C.
None.
ers sinoe.
)
Present
and
Well,
Nu
9 less fav'rable
is merous show 5 about same.
toj'ly20.
Forming,
blooming
boiling.
Vory hot A dry
Norfolk.
Virginia!
and No. >
1879.
1,
7S
i
'
i
Excellent.
1
Vlgor'us in
previous
forward,
drought. Ex less
y
56
Now
Woll.
Some
reported, but no
very
satisfactory
growth
damage.
o'ssive rains In
a IV w places.
Ample
AU
Florida
l
fully up
to this time
Not
rain
the
during
2!)
Good.
month & some
l
1878. Plant
small but
healthy.
improvement.
Hot and dry
Mobile.
Part of Ala.
July. 15 more favor
Since wet and
able.
only 20 lees favor
able.
four counties
report dry 10 same as '78
weather.
Good
;
None.
Mis-
9 more favor
dry; latt'r part
able.
IS rainy. Dry all
fav'rable
July in four 4 less
5 same as '78.
oouuties.
30
II
sissippi
Little or
none.
More fav'rable
Favorable.
32
Oood.but
later.
Dry
03
Mississippi
pi.
to 15th
July, copious
after
rains
211
None.
i
little late.
and
Good and
rather
better than
y
Part of
>
Arkansas
that.
21
19
None.
favor-
able.
Favorable, ex
cept in 4 coun-
better than
Well.
1878.
None.
fav'rable
and
14 counties;
no damage
better than
Well.
yet.
rain.
rain.
coin
In 4 counplaints of rust, ties, but no
shodding and damage yet.
small growth
Some shedding In 2 parishes
from rain lat- worms have
ter part July.
Good and
rather
better than
1878.
Good
where it More
was too dry.
ties,
S
Good
Decidedly
more
plaints of rust
Good and
compare Very well better than
favorably
1878. but
1878,
Part of
"7 S3
Botter and apprehen- Appeared In
Good, rathor Too much
Some
Good
so
but
and Well,
some
better than
shedding is than in 1878, sion of serious
in 1878.
except in 4 damage by
reported.
counties
shedding. Tc
with 1878.
K. Orleans.
Louisiana..
better than in
muoh
Early part J'ly
Part of
favorable
Some com-
to
20th
42 rainy
K7
With
weathor orop may
Some reported. Some, but
no recover from all
No damage
damage.
drawbacks.
Ben
yet.
Island crop much
1878.
appeared.
Several important
counties prevented from reporting
owing to quaran-
Some shodding
owing to
heavy rains
last part Jnly,
tine.
Good and
and
better than
Well.
better
than 1878.
1878.
The
Galteston.
excessively
hot dry weather
caused bolls to
mature aud open
All of Texas
18 moro
mo'O favor37 hot and dry. 13 able.
6 counties
18 some rain
37
less favor
5 p.c. dec.
02 7 very copious
able.
56 none.
rain.
or.
36 well.
26 not well
much oarlierthaa
over before ku'wn.
P 1 o k i n g began
much sooner and
the early receipts
are expected to be
very large at the
expense of the
later months.
fa-
vorable. 36 now shed
32 less favor- ding. Want
able.
of rain.
12 Same.
12 same.
Some compl'nt
Nashville.
Generally
M. Tenn..
fa
None.
vorable.
No. Ala..
Bctt'r than
Excellent.
Well.
1878.
shedding
of
owing to
re-
cent rain.
Bombay Shipments. — According to our cable
The above totals for this week show that the movement from
dispatch received
have been 3,000 bales shipped from Bombay to the ports other than Bombay is 8,000 bales more than same week
of last year.
Great Britain the past week and 4,00.1 bales to the Continent;
while the receipts at Bombay during ibis week have been 3,000
Alexandria Receipts and Shipments. Through arrangebales.
Ths movement since the 1st of Jinuary is as follows. ments
we have made with Messrs. Davies, Benachi & Co., of
These figures are brought dowu to Thursday, Aug. 14.
Liverpool and Alexandria, we shall hereafter receive a weekly
Shipments this week Shipments since Jan. 1.
Receipts.
The
cable of the movements of cotton at Alexandria, Egypt.
to-day, there
—
I
Great ContiBrit'u.
nent.
Great
Total. Britain.
Continent.
1879 3,000 4,000 7,000 244,000 323,000
1878 1,000
1,000 287,000 380,000
1877 3,000 4,000 7,000 373,000 103,000
1876 2,000
2,0H0 52ii,00ti 346,000
From
the foregoing
it
would appear
This
Total.
Week.
567,000
3,000
673,0001 2.000
776.0001 2,000
872,000' 4,000
that,
!
Since
Jan. 1.
compared with
last
—
India Shipments Other Than Bombay. Below we give the
week's shipments of cotton to Europe from Calcutta, Madras,
Tuticorin, Coconada, Carwar, Rangoon and Kurrachee.
These
figures are collected for us and forwarded by cable.
For the
week ending Aug. 14 the shipments were as follows.
also
give the totals since January 1 and the figures for previous years
We
for comparison.
Shipments this week.
Britain.
1879
1878
1877
1876
7,000
3,000
1,600
Continent.
4,000
Total.
11,000
3,000
1,000
Shipments since January
Great
Britain.
218,000
9J.000
79.000
00.000
Continent.
1
22,000
48,000
47,000
77.001)
:
770,000
844,000
990,000
988,000
year, there has been an increase of 6,000 bales in the week's ship
ments from Bombay to Europe, and that the total movement
since January 1 shows a decrease in shipments of 106,000 bales,
compared with the corresponding period of 1878.
Great
receipts and shipments the past week, and for the corresponding weeks of the previous two years, have been as follows
1.
Total.
3 40.000
140.000
120.000
17S.OO0
Alexandria, Egypt,
Aug.
1878.
1879.
14.
Receipts (oantars*)—
This week
Sinoe Sept. 1
1,000
1.667,000
This
week
2,590,000
Since
Sept.
1.
1877.
2,703,000
This
Since
This
Sinoe
week
Sept. 1.
week
Sept. 1.
Exports (bales)-
To Liverpool
To Continent
Total,
*
79,700
238,000
168.000
296,000
140,000
600251,100
406,000
436,000
600 171,400
.
Europe
A eantar is 98 lbs.
This statement shows that the receipts the past week have been
1,000 cantars, an 1 the shipments to all Europe have been 600 bales.
Manchester Market.
—Our
market
report received
from
Manchester to-day (Aug. 15) states that the prices for yarns
aud shirtings are the same as last week, but that the market is
Our correspondent
inactive, and prices are therefore nominal.
also adds that a fair business would be possible at lower rates.
We leave previous weeks' prices for comparison.
.
:
:
.
:
THE CHRONICLE
178
Cott'n
Mid.
Shirtings.
Uplds
Twist.
d.
d.
d.
8-Vff'9'4
8 78®9 38
d.
d.
8 7e®93a
s.
s^-aaH
6
6
*%d>!t»4
I'
" 15.
s
:'.,«!!
d.
s.
d.
6 ma>7 413 6%
6 l>aa7 ihi 6«i«
8 H23>7 413 ««i«
8%®9 J4
•? 25.
"*
8^4 lbs.
Twist.
i.i
1V«7
Mid.
Cotton freights the past
d.
s.
s.
6 3 ®8
6"«
6»i«
:
-i
'1
--
Satur.
Gunny Bags, Bagging, Etc.— Bagging has been in light
yequest, and we only hear of small sales for jobbing wants at full
Jute
figures, holders quotirg 9@104c., according to quality.
butts have come to hand more freely since our last, but the lots
ex Royal Alfred and Pembroke Castle, in all about 7,500 bales,
had been taken previously, and go into consumption. Mail
advices in reference to the fire at Calcutta are to hand, and report
the burning of 23,000 bales. The market here is very strong,
and holders are quoting 2y@28c. according to quality, with fair
sales making at these figures for present wants, but no large
transactions are reported.
,
as follows:
sail..
@ia
*
3 18 ®l4
Sie®^
...® 7 32
...®58*
...®l3
...® 7 32
...®se*
...®i«
...® 7 32
...®»8*
...® 1s
®
®
®o 16 *
®ia
®..
..®ifl
.®..
.®...
,».
a
.
•® 7 i«
7 16
-®* 9 ie
.©a
.®.
9.
7 ltf
®* 9 16
®* 9 1 8
....-a..
Fri.
3 lg ®l4
@ 7 16
.
.
*
®5g*
e.
»•,
1
® 732
(/.
Amat'd'm, steam c
sail., r.
do
d.
Baltic, steam
sail
d
do
Wednes. Thurs.
Tues.
ha®
...® 7 32 ...® 7 3a
...®°8* ...®«8*
...®l9 ...®ia
do sail
c.
Bremen, steam, -c. ..® 9 16* ...® 9 1 8
do
sail
e.
...® 7 1 8 ...® 7 i 8
Hamburg, steam c. ...®*«1 8 ...®"8 16
sail...c ...®is ...®ia
do
do
-®* 9 i«
.®is
.
».
Compressed.
—
By cable from Liverpool, we have the following
of the week's sales, stocks, &c, at that port
Liverpool.
week show a statement
this
Mon.
Liverpool, steam d.
Havre, steam
The Exports of Cotton from New York
week have been
d.
d.
3
6 4i3®8 4ia
®9»s 6 4i«®8 4i« e'Sg
6°8
8 7«®9i3 6 I'-..'
8 7s®9ia 6 4i«®8 413 t>»i8
6%
The dry cotton
Uplds
9
6b,«
4>a
li2®7 4is
About 1,400 bales of cotton from the wreck of the ship China
(before reported) were sold by auction at Fredrickshaven July 24.
realized 200 to 212 Kronen, and the damaged from
130 to 150 Kronen, per bale.
ICott'n
,,.
0,
814 lbs.
Shirtings.
32s Cop.
32b Cop.
XXIX.
[Vol.
China.
1878.
1879.
Jolyl9.
.
:
the total reaching 4,794
decrease, as compared with last week,
Below we give our usual
bales, against 8,906 bales last week.
table shoeing the exports of cotton from New York, and their
direction, lor jach of the last four weeks; also the total exports
and direction since Sept. 1, 1878, and in the last column the total
for the same period of the previous year.
Exports of Cotton (bales) from New Yobk since Sept. 1, 1878.
Same
Week endingExported to—
July
July
Aug.
Aug.
23.
30.
6.
13.
4,313
Liverpool
2,171
Other British ports
5,607
2,723
Total to period
date. previ'us
year.
4,634 260,890 330,360
5,857
13,316
Total to Great Britain 4,313 2,171 8,330 4,634 274,206 336,217
107
Havre
14,405
3
100
Other French ports
Total French
107
260
Bremen and Hanover.
Hamburg
14,505
3
500
473
16,306
2,202
2,835
Other ports
500
260
Spain. Op'rto, Gibralt'r, &e
All other
20,718
4,986
19,206
473
21,343
41,910
100
5,710
100
Spain, &c.
Grand total
160
160
2,390
2,398
160
5,870
4,788
8,9061 4,794 315,924 395,574
4,680
The Following are the Receipts of Cotton
at
New
York,
Boston, Philadelphia and Baltimore for the past week, and since
September 1, 1878
Keceipts
from—
N. Orl'ans
Texas
Savannah
Mobile
New York.
Foreign
Of which American
Baltimore.
|
I
1,813 171,414
550 127,709
10 143,128
Amount afloat
18
6
544
11
19,981
92,922
40,277
144,635
6,525
147,661
10,829
Saturday Monday. Tuesday, Wedn'sdy Thursd'y
Spot.
83 61,224
21,117
13,253
53,272
27
27,300
92 89,650
229 162,082
4.5
Mid. Upl'ds
Mid. Orl'ns.
5
65] a
6%
2,952 905,081
last year.
2.753 942,639
315 73,194
325 151,953
—
Shipping News. The exports of cotton from the United
States the past week, as per latest mail returns, have reached
8,684 bales. So far as the Southern ports are concerned, these
are the same exports reported by telegraph, and published in
The Chronicle," last Friday. With regard to New York, we
include the manifests of all vessels cleared up to Wednesday
night of this week.
Total bale?
Hew York—To Liverpool, per steamers Kessel, 1,067 Italy,
...Montana,
1,524....
Algeria,
285.
1,262....
4,634
496. ...Celtic,
160
To Genoa, per bark Madre and Figli, 160..
New Orleans—To Liverpool, per steamer Historian, 1,994
3,700
per ship Andrew Jackson, 1,706
14
Baltimore—To Bremen, per steamer Ohio, 14
Pembroke,
Boston— To Liverpool, per steamers Palestine, 156
20
176
Total
The particulars of these shipments, arranged in our usual
are as follows:
Liverpool. Bremen.
Genoa.
160
4,634
....
NewYork
....
3,700
New Orleans
14
Baltimore
'.
Boston
—
176
8,684
form,
14
176
Friday.
and
Steady.
Dull.
6%
6%
638
6>a
61 is
6'ie
6 7 is
8,000
1,000
8,000
1,000
7,000
1,000
6,000
1,000
Dull,
offerings
Firmer.
Steady.
6!fl
J
8.000
1,000
15,000
3,000
Future*.
Market,
5
p.
M.
1
Firm.
Quiet.
(
Steady.
light.
The actual sales of futures at Liverpool, for the
below. These sales are on the basis of Uplands,
unless otherwise stated.
same week, are given
Low
Middling clause,
Saturday.
Aug
Sept.-Oct
Delivery.
d.
6«32®6 18
6 9 32
6 9 32® s i«
Aug.-Sept
Oct.-Nov
Oct
Aug.-Sept
d.
d.
Delivery.
\
6H32
6I32 ISept.-Oct
61I32 Oct.-Nov
6ije®332
53f32 ®6,
65 16
Nov.-Dec.
I
Monday.
Aug
Delivery.
6 7 ia® 15 j»
6I9
Oct
Srot.-Oct
Oct.-Nov
.6 7 i 6 ®i5 32
6 7 i8® 15 32
65 32 ®3 lg
® 732® 14
Nov.-Dec
Jan.-Feb
61i 6 a3 3 2
6i 18
Feb.-Mar
Delivery.
6'
I
Oije
Aug
I
6'
61S 32
»l
ABg.-Sept
Sept.-Oct
Oct.-Nov
e 1 ^®^
6i 32
I
Dec-Jan
Oct
Dec-Jan
6iua lS 32 Jan.-Feb
8ept.-Oct
6 7 la «/13;j2
67 , 8
6 73 2
Shipments.
Oct.-Nov. n. crop.,
sail
Nov.-Dec.
,
6%
n. crop,
sail...
6'is
Tuesday.
Aug
613 32
61332® 7 1 8
638®13 33
Aug.-Sept
Sept.-Oct....6%si3 32
® 7 lg®13 32
Delivery.
65 3a »3 lg
Oct.-Nov
Nov.-Dec
Oct
Aug.-Sep*
6' 32
613 :i o
Delivery.
Oct.-Nov
Nov.-Dec
'....653B
6
6
Feb.-Mar
6%
Wednesday.
Oct
Delivery.
6i3 32 ®3a
Aug.-Sept
Delivery.
Sept.-Oct
638® n 32 Oct-Nov
6%®u
Sept.-Oct
32
Oct.-Nov. .6632® 1e® 3 32
6Si 8
Aug.-Sept
Dec-Jan
Feb.-Mar
Oct
65 18
6i l6
52a 32
6
65i 8
Delivery.
Sept.-Oct
6 9 32« 5 is
Nov.-Dec
5i°i6
Aug.-Sept.. ..6 9 32 ®5i 8
Sept. Oct
61:32
63 32
Oct.-Nov
Thursday.
Delivery.
Oct
Aug.-Sept
Sept.-Oct
Oot.-Nov
Delivery.
6II32
638"3>" 32
6%®n 32
6>8®3 3 2
Oct
Delivery.
613, 2
Aug.-Sept
Shipment.
6i8
53i 32
Nov.-Dec, u. crop,
613 32
Nov-Dec,
6%
Sept.-Oct
Oct.-Nov
Nov.-Dec
63s
5 15 i6
sail
Friday.
Delivery.
Aug
Oct.-Nov
Shipment.
Delivery.
6H32 Oct
Sept.-Oct .63sa)ii 32 ®38
6%
Aug.-Sept
6%
n. crop,
53I32
sail
BRE ADSTUFFS.
Total.
4,794
3,700
14,000
6,000
189,000
16,000
P. M.
Sales
Spec. <& exp.
—
—
18,000-
)
Oct
385 344,828
3,000-
469,000
343,000
steady.
6 7 i«
25
1,994 368,476
Firm.
6 7 i«
Delivery.
This year.
15,
50,000
5,000
39,000
6,000
Quiet
Market,
et, I
Harden 'g. Buoyant.
12:30 P.M.J
Aug.-Sept..
100
56,630
1,455 141,128
539,108,450
200 47,113
Aug.
8.
36,000
2,000
29,000
3,000
2,000
503,000
369,000
14,000
14,000
6,000
190,000
25,000
have been as follows
Delivery.
3,040
24,501
Aug.
1.
45,000
2,000
37,000
4,000
2,000
528,000
387,000
32,000
8,000
3,000
195,000
30,000
Of which American
The tone of the Liverpool market for spots and futures, each day of
she week ending Aug. 15, and the daily closing prices of spot cotton,
840
11,679
13,477
34,817
2,170
week
Of which American
Aotual export
Delivery.
Philadelphia.
Boston.
Since
This
Since This
Since
This
Since
This
week. Sept. 1, week. Sept. 1, week. Sept.l. week. Sept. 1
. .
Florida...
8. Carolina
N.Car'llna
Virginia..
North.p'ts
Tenn., &o.
Total stock
Total import of the
Aug.
41,000
2,000
30,000
5,000
1,000
541,000
413,000
14,000
12,000
3,000
199,000
29,000
bales.
Forwarded
American
Of which exporters took
Of which speculators took..
9,544
115
9,659
week
Sales
Market,
Total to North. Europe
Total
July 25.
Sales of the
Friday, P.
The
flour
market has been without
M„ August
activity in
15, 1879.
any grade, and
Production is large at all points
have further declined.
and the supply is large, except of some favorite brands from
Below we give all news received to date of disasters to vessels old wheat for bakers' use ; but for these the demand is never
aarrying cotton from United States ports, etc.
Good to choice extras from new winter wheat are
large.
Arizona, steamer (Br.), at Liverpool, July 30, from New York, had her
abundant, at $4 75@5 25 per bbl. Common extras from spring
*tem damaged, causing her to leak m collision compartment.
Rye flour has
Baltic, steamer (Br.), at Liverpool, July 28, from New York, touched wheat are freely offered at $4 25 to arrive.
the South Stack, and owners stata that the TMtel has slightly
advanced, but prices of com meal are barely supported. Todamaged her stem.
Total
8,510
160
14
,
8,681
prices
—
August
.
.
THE CHRONICLE
16, 1879.]
the market was dull, holders freely offering common
extras on sale at about inside prices, and bids few.
The wheat market has been active, but at rather weakening
day
values,
though subject
to frequent fluctuations, with a feverish,
unsettled tone pervading speculative circles. Late transactions
embrace new amber and red winter No. 2 on the spot, and for
179
and lake shipments from same porta for the
Rail
Week
Flour,
Wheat,
bbls.
bush,
2.8H7.386
2,252.803
3.253,115
1.455,715
endingAug. 9
Aug. 2
176,493
141,389
July20
ir»n,463
J"* 10
118,208
OaU
Corn,
huih
1.982.877
1.H2U611
1,301191
lfiM.-tn
bush
e°l?347
M
501823
411
isoiiail
last
Barlev
bu»b
four
Rm.
bSrt
AMI 108183
11602 110437
1H553 s"'43T
lllm lOS^TO
and the next two months, at $1 08^@1 09^ ; No. 1 white, Total, 4 w'ks. 599,603 9,829.019 7,202.169 2.018 318 50 430 400 497
Tot.4wkS '78 441,424 6,066.413 8.052.027 lwi.'lOl 40,130 iw^SW
$ 1 10%@1 11M. and No. 2 spring, $1. The new crop of spring
Receipts of flour and grain at seaboard porta for the week
wheat has so far advanced that it may be safely said to be very ended Aug. 9:
Flour,
Wheat,
Corn,
Oats,
much better in quality and condition than last year, and the
Barley,
Rye,
At—
bbls.
!msh.
bush.
bush.
bush
htub
yield is probably larger. The improvement is greatest in con- New York
120.259 2,294,174 777,581 266.897
81418
this
,
,w
40,018 219,300 152,330 50.300
4 200
weather having been generally dry during harvest, Boston
Portland
2,900
5,200
1300
18,366 467,373
and a very large proportion will grade No. 2. To-day .the Montreal
36,872
1454
Philadelphia
15,800 1,501,500 355.6O0 67,200
i'n
market was dull and weak.
Baltimore
17,467 1,850,000 103,600 39,000
Orleans
New
11,350
86,125
2,758
5,510
Indian corn has met with an active export demand, and prices
Total week
226,190 6,449,072 1.133,044 431,661
are higher. There were sales of No. 2 mixed on Wednesday
4,200 83 438
Previous week... 190.440 6,041,904 1,401,330 295,730
0,100 76774
to the extent of nearly a million bushels, and prices advanced Cor. week '78.. ..215,023 3,129.223 2,107,830 478, 157
12,450 6'! 810
to 46%c. on the spot and for August, 4754c for September and Cor. week '77.... 180,695 902,622 2,217,668 229,702 39,838 35,223
And from Jan. 1 to Aug. 9, inclusive, for four yean:
4S)ie. for October ; but yesterday there was some weakness.
1879.
1878.
1877.
1876.
Special grades are scarce. The growing crop has made great Flour
bbls.
5,900,400
6,066,629
3,836.520
5,413,141
two
three
weeks,
in
the
past
or
owing
to
progress
frequent
Wheat
bUBh. 65,552,597
46,775,065
7.501.491
27.000.15S
rains and high temperature. To-day the market was weak.
Corn
71,332,063
70,689,831
50.253,565
82,624,34«
12,655,208
12,449.613
10,009,923
14,460.615
Rye has been in moderate demand and firm, the sales being Oats
Barley
1,745,257
2,437,892
2.069.953
2,009,964
2,295,986
mainly No. 2 western at 64c. on the spot and for September Rye
2,667,655
765,518
652,290
To-day the market was quiet.
delivery.
Barley is very
Total
153,581,111 135,020,019
70,593,170
97,350,390
firmly held, in anticipation of an export demand, and there was
Exports from United States seaboard ports and from Montreal,
to-day a sale of old Western feeding at 50c. for shipment. for week ending Aug. 9:
Flour,
Wheat,
Corn,
Oats,
Rye,
Pea*.
Barley malt was also active. Oats on the spot have been pressed
From—
bbls.
bush.
bush.
bush.
bosh.
bush.
for sale, and prices have materially declined, especially for Now York
,62,697 2,207,060
443.644
Boston
18,067
81,438
121,836
futures
remained
steady,
with
mixed but
sales of No. 2 miied Portland
87
11,355
297,481
111,004
5,949
30,080
for October at 32c. To-day the market was steady, with No. 2 Montreal
Philadelphia..
2,300
544,600
119,829
graded quoted at 32}£c. for mixed and 36^c. for white.
Baltimore
5,758 1,348,838
178,026
225
dition, the
-
;
The following are
closing quotations
FLOOR.
GRAIN.
#bbl. $2 50® 3 25 Wheat—
Stiperflue State aud
No.3 spring, bu. $ 89 ® 91
Western
3 50® 4 00
No. 2 spring
98 ®100
Extra State, &c
4 20® 4 35
Rejected spring
73 ® 75
"Western spring wheat
Red winter, No. 2 1 OS 1*®! 08>s
4 15® 4 40
extras
White
105 ®1 11
do XX and XXX.
4 50® 5 75
No. 1 white
1 lO^®! 10%
"Western winter shipCorn— West, mixed
45
47
pine extras
4 30® 4 70
Western No. 2...
461a® 46%
do XXandXXX... 4 85® 5 75
Yellow
47*2® 48
Mi unesota patents... 6 25® 7 25
White
50 ® 52
< 'ity shipping extras.
4 25® 5 25 Rye— Western
63 ® 66
Southern bakers' aud
State aud Canada
66 » 68
family brands
5 25® 6 00 Oats— Mixed
30 ® 33
South'u ship'g extras. 4 50® 5 00
White
35 ® 41
Rye flour, superfine.. 3 60® 3 85 Barley— Canada W.
Corn meal
State, 4-rowed...
®
Western, &c
2 00® 2 40
State, 2-rowed...
®
Brandywine, &c
2 65® 2 75 Peas— Cau'da,b.<& f.
70 ®
:
No. 2
.
Receipts of flour and grain at Western lake and river ports
f»r the week ending Aug. 9:
Flour,
Wheat,
Corn,
Oats,
Barley, Rye,
bbls.
At—
(196
lbs.)
Chicago
Milwaukee
Toledo
31,472
34,365
Detroit
4,933
3,189
43,021
1,765
3,200
117
Cleveland
St. Louis
Peoria
Duluth
bush.
bush.
bush.
bush.
bush.
(60 lbs.)
(56 lbs.) (32 lbs.) (48 lbs.) (56 lbs.)
616,422 1,910,844 420,648
8,803 113,987
69,620
20,360
33,850
4,175 13,410
762,179 148,679
44,253
4,028
449,224
1,900
8,152
42,850
35,500
9,600
1,120
1,800
600,299 241,830 144.060
1,023
4,612
65,420
18,140
218,860
13,100
170,800
1,500
Wheat
42,622,029
58,460,289
17,906.430
2,157,358
2,089,787
38,090.051
57,942,336
16,424,798
2,993,926
2,316,975
12,010,948
48,376,534
11,438,727
2,768,131
1,232,148
27,951.092
46,661,667
14,541,432
3,011,673
1,111,293
Total grain.... 123,535,893
117,768,096
75,826,538
83.277,157
Corn
Oats
Barley
Rye...
4,536,417
4.554,206
2,849,498
2,606,356
977,339
6,174
30,080
929,219
9,709 12,273 74,262
1,601.681 16,451
253 28,308
2,062,468 113,731130,585 121,023
The visible supply of grain, comprising the stocks in granary
at the principal points of accumulation at lake and seaboard
ports, and
transit by lake, rail and canal, Aug. 9, was as
follows:
Wheat,
Corn,
Oats,
Barley,
Rye,
In Store at—
bush.
bush.
bush.
bush.
bush.
New York
2,188,576 1,604,396 369,891
44,093
61,791
Do. afloat (est.) 1,052,000
282,000 185,000
Albany
2,800
13,000
13,000
26,000
6,200
m
230,023
1,744,525
Buffalo
Chieago
Milwaukee
Duluth
Toledo
Detroit
Oswego....
Louis
Boston
Toronto
Montreal (30th)..
St.
346,485
46,801
471,779
280,832
195,000
499,228
203,229
95,937
87,298
693.450
64.684
146,800
189,492
515,892
3,367,145
13,971
10,709
229.690
5,357
210,000
604,381
193,960
143,169
5,343
46,069
2,580
114,160
9,666
5,900
40,191
85,325
70,788
38,781
125,528
19,142
6,130
4,535
88
21,000
3,000
400
111,318
58,950
4,903
919
40,500
16.400
610,062
11,285
170,000
1,966
6,996
48,735
61,418
33,000
..15,189,594 11,436,314 1.911,487
..14,352,416 11,099,5511,762,250
319,424
324,929
479,114
462,436
318,399
341.743
329,9"9
407,416
KausasCity
Baltimore
Rail shipments...
Lake shipments..
Ou Canal (est.) ..
Total receipts (crop movement) at the same ports from Aug. 1
to Aug. 9, inclusive, for four years:
Aug.
July
July
July
Aug.
2, '79...
26.
19,
12,
10,
3,000
10,830
70
38,141
33,710
Philadelphia
Peoria
Indianapolis
Total
.
bush.
106,809
Same time '78. 71,772
1,911,269
804,112
2,063,274
1,872,000
17,300
298.000
258,637
28,900
80,963
484,133
407,477
1,575,400
1.215,000
1,021
40.410
124,962 2,621,154 2,621,073 831,363 16,621178,247
127,074 2,732,407 2,811,109 1,013,179 16,335 129,702
Same time '78.. 84,1312,094,600 2,921,774 1,129,330 38,360 16,982
Total receipts at same ports from Jan. 1 to Aug. 9, inclusive,
for four years:
1879.
1878.
1877.
1876.
Flour
bbls.
3,869,901
3,363,076
2,421,668
3,113,197
Total
Previous week
Total for w'k 100,264
Previous week. 116,375
Two weeks ago
330.601
'79... ..14,696,28110,068,258 1,441,877
357,879
'79... ..13,473,847 10,796,080 1,536.901
380.475
'79... ...11,701,597 11.757,399 1.489,490
'78... ... 6,527,058 8,301,835 1,812,354 1,070,557
THE DAY GOODS TRADE.
Friday, P. M., Aug. 15, 1879.
The past week has witnessed a fair movement in both domestic and foreign dry goods from first hands, but there was lesa
buoyancy in the demand than has sometimes been observed at
this time of year, owing probably to the fact that jobbers have
not yet distributed their heavy purchases of last May and June.
Operations in staple cotton goods, flannels and- blankets were
comparatively light, and printed calicoes dragged somewhat;
Flour
bbls.
2o2,036
but such fall goods as worsted and cotton dress fabrics, gingknit underwear, Ac, [were in
Wheat
bush.
5,356,561
4,083,064
1,719,423
1,506,956 hams, shawls, skirts, hosiery,
Corn
5,482.182
5,438,183
5,678,939
4,257,319 liberal request. There was a further slight improvement in
Oats
1,844,542
1,863,757
792,860
704,721
Barley
32,956
63,015
48,999
41,234 the jobbing branches of the trade, and in this connection tha
Bye
307,949
257,666
292,221
113,877
volume of business was fairly satisfactory for this early stage of
Total grain .... 12,974,190
11,705,715
8,332,442
6,624,110 the season. Values were maintained with a fair degree of
Comparative shipments of flour and grain from the same steadiness
by manufacturers' agents and importers, but some
ports from Jan. 1 to Aug. 9, inclusive, for four years:
" cutting" on brown and bleached cottons was resorted to bj
1878-9.
1877-8.
186,415
1876-7.
187,826
1875-6.
177,429
1879.
4,151,006
1878.
3,193,492
1877.
2,336,849
1876.
2,512,772
39,024,535
51,001,696
13,352,703
2,071,652
1,936,959
32,765,826
50,421,773
10,559,827
1,617,271
1,841,282
26,575,521
42,777,382
12,816,400
1,242,775
926,779
11,254,297
42,072,438
8,431,412
2,118,633
1,075,868
Total grain.... 107,387,545
92,205,979
84,338,857
64,892,648
„,
Flour
Wheat
Corn
Oats
Barley
Rye
J
bbls.
bush.
jobbers in order to give an impetus to business.
Domestic Cotton Goods.—The exports of cotton goods from
12
this port to foreign markets during the week ending August
were 1,562 packages, distributed as follows: Brazil, 640; Great
Britain, 556; Mexico, 74; Venezuela, 70; British North American
of
Colonies, 69; Argentine Republic, 58; Hayti, 30; &c. Prices
—
——
2
..
THE CHRONICLE.
180
eotton goods were fairly steady, but their upward tendency has
apparently been checked by the late decrease in the demand
and the decline in. the staple. Brown cottons were in moderate
request and steady in first hands, but some makes were jobbed
at relatively low figures. Bleached cottons remained sluggish*
corset jeans quiet, but there was a fair demand for such
colored cottons as ducks, denims, ticks and cheviots. Print
cloths were in moderate request at 4 l-16c. cash for 64x64s and
3&c. cash to 3 9-16c, less 1 per cent, for 56x60s. Prints were
and
[Vol.
XXIX.
Receipts of Leading Articles ot Domestic Produce.
The following table, based upon daily reports made to the
New York Produce Exchange, shows the receipts of leading
articles of domestic produce in New York for the week ending
with Tuesday last (corresponding with the week for exports);
from January
also the receipts
1,
1879, to that day,
and for the
corresponding period in 1878:
Week ending
Aug. 12.
quiet (aside from a few of the most popular makes, which met
with a fair distribution), but ginghams and cotton dress goods Ashes
Same time
last year.
94
655
4,179
42,143
2,818
45,174
117,972
3,387
2,216,960
43,512
890,835
270,864
44,529
2,204
2,329
3,054,399
103,646
32,167,425
1,409,761
24,581,395
6,272,669
2,274,411
238,777
439,511
15,511
6,728
96,412
135,679
88,163
45,840
2,611,876
443,510
4,941
75,432
2,461,882
127,486
30,009,798
2,072,508
22,461,388
7,526,902
2,697,410
1,215
42,948
192,497
14,957
1,436
264,033
11,790
1,923
49,143
246,796
13,011
bbls.
bbls.
Beans
continued fairly active.
Brcadstuffs—
.bbls.
Flour, wheat
Domestic Woolek Goods. There was a comparatively light
bbls.
Corn meal
demand for woolen goods and transactions were mostly conbush.
Wheat
For
orders.
fined to making deliveries in execution of former
bush.
Rye
bush.
Corn
fancy cassimeres and suitings there was a limited inquiry and
'...'.
.bush.
Oats
the best makes ruled steady in price. In worsted coatings
.bush.
Barley and malt
overof
and
selections
importance
there was no movement of
.bush
Peas
bales.
coatings were almost wholly restricted to small parcels of fancy- Cotton
bbls,
Cotton
oil
ruled
seed
doeskins
Cloths
and
makes.
rough-faced
backed and
Flax seed
bags.
cloakings
and
demand
for
irregular
was
an
there
quiet, and
Grass seed
bags.
repellents. Kentucky jeans moved slowly and satinets were Hides
No.
bales.
lightly dealt in. Flannels and blankets remained quiet in first Hides
bales
Hops
hands but some improvement in the demand was reported by Leather
sides.
jobbers. Woolen shawls and felt skirts were in moderate Lead
pij
hh<
request, and there was a continued inquiry for worsted dress Molasses
Since Jan. 1,
1879.
.
.
. . ;
.
: .
2,391
658
2,675
495
2,672
93,852
1,633
Molasses
bbls.
which resulted in a considerable business.
Naval StoresForeign Dry Goods. There was a more active demand for
Turpentine, crude
bbls.
Turpentine, spirits... bbls.
foreign goods by buyers for interior firms. Dress goods were
bbls.
Rosin
in better demand, and both staple and fancy makes were disbbls,
Tar
posed of in increased quantities. Dress silks were more sought
bbls.
Pitch
pkgs.
for in low and medium grades, but millinery silks, velvets and Oilcake
bbls.
Linen goods were in Oil, lard
ribbons were devoid of animation.
galls.
Oil, whale
moderate request and firm, but white goods ruled quiet and Peanuts
bush
embroideries were somewhat less active. Cotton velvets con- Provisions
pkgs.
Pork
tinued fairly active, and there was a steady demand for smali
fabrics
—
parcels of Italian cloths, satin de chenes, serges,
wear woolens dragged heavily.
&c; but men's-
Importations or Dry Goods.
The Importations of dry goods at this port for the week ending
Aug.
and
r4, 1879,-
1877, have been
for the corresponding
as follows:
weeks of 1878 and
KNTERED FOR CONSUMPTION FOR THE WEEK ENDING AUG.
1878.
1877.
Pkgs.
Manufactures of—
$
Wool
1,126
935
710
659
401
Bilk
Flax
„
Miscellaneous
486,949
268,956
444,261
127,825
165,488
1879.
Pkgs.
Value.
Pkgs.
Value.
$
472,815
306,918
535,698
228,543
109,651
1,104
1,038
868
1,042
600
14, 1879.
1,450
1,573
1,018
1,302
848
Value.
$
610,949
434,942
662,433
280,851
155,891
183
105
2,793
37
Eggs
Lard
Lard
& bbls.
kegs.
Hogs, dressed
Rice
No.
pkgs.
Spelter
Stearine
slabs.
bbls.
boxes
Whiskey
Wool
&
cases.
hhds.
-
66,644
47,652
172,881
36,082
819,286
709,672
1,724,909
345,518
521,358
27,566
19,807
19,549
101
1,419
6,198
3,433
2,302
1,443
hhds.
pkgs.
.bbls.
bales.
1,438
273,982
10,927
169,197
24,830
1,123,199
858,183
1,403,489
320,811
505,134
40,763
49,869
24,289
62,816
19,075
395
277
560
68
pkgs.
18
112,591
728
30,239
26,595
85,071
5,700
12,570
4,476
bbls.
tes.
122,426
115,560
79,859
50,229
2,574,528
1,773
474
pkgs.
pkgs.
pkgs.
pkgs.
Beef
Cutmeats
Butter
Cheese
Sugar
Sugar
Tallow
Tobacco
Tobacco
155
681
5,162
457,867
498,587
14,513
1,235
647
30,186
62,528
99,954
53,131
173,432
80,305
13,928
51,658
116,724
91,826
121,213
59,526
Exports ot Leading Articles of Domestic Prod ice.
The following table, based upon Custom House returns, shows
WITHDRAWN FROM WAREHOUSE AND THROWN INTO THE MARKET DUR- the exports from New York of all leading articles of domestic
ING THE SAME PERIOD.
produce for the week ending with Tuesday last; also the exports
Manufactures of—
628 238,816
402 155,669 from the 1st of January, 1879, to the same day, and for the
678 280,408
Wool
263
68,181
209
3,831 1,493,479
Total
420
204
Silk
491
191
Flax
Miscellaneous
Total on market
-
138,408
165.769
100,729
27,637
712,951
1,934
3,831 1,493,479
Eot'd for consumpt.
5,815 2,206,430
.
4,652 1,653,625
105
385
176
72,720
83,254
17,516
1,557 480,487
4,632 1,653,625
6,209 J
1
?
4
.
1
6,191 2,145.066
123
291
37
74,752
95,178
52,255
17,481
ENTERED FOR WAREHOUSE DURING SAME PERIOD.
685
303
134
543
Cotton
Bilk
Flax
181
Miscellaneous
286,501
97,684
176,755
104,636
41,370
637
189
105
312
215,130
52,686
80,918
66,915
4G4
116
100
324
35
16,333
3,099
177.540
39,922
96,008
89,280
45,007
1,896 709,946
3,831 1,493,479
432,012
1.278
4,652 1,653,625
Total at the port . .
5,727 2,203,425
5,930 2,085,637 10,294 2,592,823
4,103 447,757
6,191 2,145,066
Exports of Provisions.
The following are the exports of provisions from New York,
Boston, Baltimore, Philadelphia, Montreal, Portland, and New
Orleans, for the week ending Aug. 9, 1879, and their distribution;
To-
Beef,
bbls.
bbls.
Ashes, pots
Ashes, pearls
Lard,
Bacon,
Cheese,
Tallow,
lbs.
lbs.
lbs.
lbs.
Flour, wheat
Flour, rye
Corn meal
Wheat
Rye
Oats
Barley
Peas
Corn
Candles
Coal
Cotton
Domestics
Hay
Hops
Naval StoresCrude turpentine
Spirits turpentine
Rosin
•far
Pitch
1,426
Liverpool
London
Glasgow
12
91
977
287
498
1,706,269
1,840
147,000
51,000
30,000
W. Hartlepool
315
115
25
25
British ports.
Rotterdam...
447
100
75
50
Hamburg
50
Marseulss
#B
Cont'l ports..
.....
.....
509
B.AC America
Went Indies
2,051
105
424
Br. M. A. Col.
OUi'rcountr's
351
.
Total week..
Previous w'k
1,433
66,760
474,000
64,280
360,466
409,480
30,470
108,000
743,680
292,378
743,527
1,375
400
6,055
6.910
3,314
3,029
8,348,093 3,676,722
406,250
589,350
593,825
118,750
235,925
1,377,975
435,500
128,250
237.500
982,571
46,116
371,147
7,482
13,790
208,185
993,540
73,560
6,000
25,750
78,240
Same time
last year.
1,046
978
98
170
119,534
440
28,678
bbls.
bbls.
bbls.
47,350
243
2,115
2,109,214
73,780
3,222
60
1,175
287,712
1,799,342
4,279
100,236
31,030,017
2,428,190
bush.
bush.
bush.
bush.
bush.
bush.
pkgs.
tons.
bales.
pkgs.
bales.
bales.
70
3,357
1,010,407
37,661
201,436
95,562
833,496
6,741
143,119,095
263,345
449,895
839,306
4,409
110,977,173
148,730
32,511
35,019
378,905,200
19,196,486
85,976,362
159,310,372
9,944
42,896,853
33,225
16,595
156,406
31,123
40,200
315,040,663
12,292,047
35,574,268
178,440,365
14,526
48,021,438
61,918
46,551
4,399,610
85,789
Whale
Sperm
320
235
783
5,130,925 13,892,524 5,080,840 3,189,360
7,015,839 13,189,463 8,456,293 505,108
256
16C
95
92
6,412,134
bbls.
bbls.
tierces.
4,407
lbs.
lbs.
lbs.
lbs.
bbls.
lbs.
8,464,429
381,566
4,050,786
2,134,036
Rioa
Tallow
hhds.
Tobacoo, leaf
bales and cases.
Tobacco
Tobacco, manufactured, lbs.
Whalabone
100
135
11,127
152,511
5,551
4,028
1,386,504
22,000
110,000
5,057
10,051
747
6,228
115,836
4,754
3.358
gals.
gals.
gals.
gals.
gals.
838,000
958,853
18,349
2,793
6,707
1,562
1,500
306,112
18,239,911
29,148
35,532
269,469
96,508
41,647
37,515
2,982
Oilcake
Oils-
Lard
Linseed
Petroleum
ProvisionsPork
Beef
Beef
Cutmeats
Butter
Cheese
Lard
222
412
365,210
101,870
230,805
21,081,679
37,531
49,324
170,781
79,362
42,888
18,429
1,508.205
2.986
135,579
27,101,173
2,564.907
2,086,031
1,515,149
bbls.
bbls.
bbls.
bbls.
bbls.
307,082
3,180
...
1,
lbs.
cwt.
44,000
13,000
660,000
77,000
137,500
. . •
bbls.
bbls.
Since Jan.
1879.
Breadstuffs
Ent'd for con Biunpt.
Pork,
Aug. 12.
Beeswax
Manufactures of
Wool
Week ending
1,062
395.335
6,191 2,145,066
7,253 2,540,401
1
corresponding period in 1878:
lbs.
799
850
89
1,903,350
1,466
638
46,004
6,117
4,193,041
40,510
a
August
UI.NK1I1L
GUNNIKS.— See
ASHKB-
* a.
Pot, aborted
i;<»
IIHKAUSTUKKS— See special report.
BUILDING MATERIALSBrlek*— Common Hard, afloat..* II
Croton
Philadelphia
*
1)1)1.
*
1)1)1.
Itocklaud finishing
m
00
Itf
U
Cutsplkcs.allslzes
faints— Ld., In oil, com price. » »
Lead, dry, combination, piles....
Sine, ox de. dry
Zinc, French, green so.l
Paris while. K.;k I'lut IOUC * ll'OB.
BOTTER— (Wholesale Prices)—
State, palls ft tubs, far tochce.w lb.
Wesl'n cream.ry good to prime "
Welsh, state, fair to choice. . "
Western da.ry, fair to choice.. "
ou
10
00
00
00
California,
Texas,
.
New
Olds, all
is
Yearlings...
9
a
12X
»X
5«
*
4X»
a
...
11
following will show prices at
last auction or present scheiule rat'-*; the names immediately above the figures Indicate the places of
Penn.
B.4II.
D.L.ftW.
Auction
New-
July
Ai'_-
SO.
St'mb. ..»2.0
grate..
.
.
«
.'.i
*: io
i 2^
4 15
1
..
Schedule.
Port
3.
Weehawkej. Johnst'n.
Hobokcn.
burg."
4 w.
L.
5
Auction.
I! 211
2 20
••
2 (0
2
2.0
12X
8-X
....3
"
M
"
"
....^
....a
14
24
"
"
"
25*
14
Bt.
a
e
13
'
Sheathing, new (overl2 oxj
Braslers'(over 16oz.)
Am
sj
%
1
*> 100 lb.
%) n>.
Aloes! Cape".".
Aloes, barbtidoes
Arsenic, powdored
Bicarb. Boda, Newcastle
Blchro. potash
Bleaching powder
Brimstone, 2n *s ft Srds
Brimstone, Am. roll
Camphor
•;<«
I
2
rioon.
8
rlk.
per ton.
2*1
4
.. a
*m.
Caatoroll.B.I.lnbond
.^
..
r».
refined
Cochineal. Mexican
51
Cream
5*144
tartar,
powderea
Cubebs, Kasi India
Catch
periooibs.
Gambler
Glycerine, American pure
Jalap
Licorice paste, Calabria
Licorice paste.Slclly .......
Licorice paste, Spanish, solid
3
62„
...... 10. a
15 u
OP. vitriol (56 Brimstone)
Opinm, Turkey
bond).
(In
Prusslate potash, yellow,
Quicksilver
l«a
... a
21)43
Am
Quinine
Rhubarb, China, good to pr
Newcastle
wlooib.
Sal soda,
Shell Lac. 2d
ft 1st
English
Bodaaan
V
Sugar of lead, white, prime..
Tib.
16
153
Vitriol, bine. common
r
Gr'd Bk.ft aeorge's (new) cod.* gtl.
Mackerel, No. 1,M. shore
pr..bbl.
Mackerel, No. 1, Bay.. .
Mackerel, No. 2 Mnss. shore
Mackerel. No. 2, Bay
3 -0
HaULas.Seeuiess, per 501b. irail
830
Figs,
new
...
Canton Ginger...
Sardines, Vualf lot
V quarter box
V case.
1
<
11
5 50
a
id
b>
„|>,
3
•
9
'laarters
s cb"
05
24
(0
IS
•
ft
.1
3
*
29
4
...#»
5
common
J
5j 00
31. ft
23
22
2'K
a
a
a
?s
23
2S
3!
28
29
a
.» gal.
13
21
23
40
24 X
84
••
"
NIVAL 8TORK8-
*
bbl.
•*
"
Y
1
'5
1
.5
rdan shelled
-
gal.
1
bS
I
35
"
3
"
12X*
4 50
a
55
(»
(new)
lh
„
...M
%
Fll.ertp, Sicily
i*
a
a
11
14
X
Cotton seed, crude
Olive, in casks V gall
Linseed, caskB and bbls
Menhaden, crude Sound
I
V
gal.
"
1
"
"
....
*'
to extra
"
"
"
M
"
CAKE—
V
ton.
«
f3
00
61
2S
55
42
33
75
90
a
a
1
a
4
a
a
a
a
a
36
Oj
64
i7
75
44
,
900
"
.
8ALT,
line
.ujs,
12
I
No.
a
s
bush.
is
*
sack.
'.'.'.'.•
"
"
Prlmeclty
Common to
do
do
fair
Superior to flue
Extra fine to finest
do
Choicest
100 lb.
S
5
a
C
a
I
1.
.
..
i.
s»
1
Nominal.
84
80
.3
31
i
is-
Nomlnsl.
18
28
ss
11
.
18
27
40
ss
—
Mo.
i:\
ss
e
is
'*
14««
12X*
5J S
wbx.
•
V»
to fine.
....
fine.
5
ft
4X»
•»a
&
12 a
is a
nxa
3
80
fine
11
14
a*
CUP—
unwashed
«
..
.
8
«2X
8 .5
12
4
IS
45
» 130"
•
a
n •
M a
a
s*
a
si
83
18
UK
•
a
•'
,'. iVw.
22.
5f
*>».
.
13
41
32
is
70
2a
•-5
.
English .reined
worn
n
a
a
a
•
a
Straits
Be*.
rork.
n
44
7J
Sup'rtodne
Ex. fine to finest
To LiTsiBPOnL:
» t».
no-'
a bbi.
1
n
a
do Ex. tine to finest
do Choicest
...
Imperial. Com. 10 fair
Sun. to fine
1.0
Rxtrafine tofinest
do
Hyson Skin. A T wan. com. to fair.
do
do
Sup. to fine
nx line to nneet ,.
do
do
Uncolored Japan .Coin, to lair...
Cofx-i
i
a
to fair
Smyrna, unwashed
««
Jl
tt
so
•
Snp. tonne
rRElGHTB—
5 50
....
<
B i
Interior
•
LUSH
too
17
Bnrry
South Am. Merlnc, unwashed......
Cape Good Hope, unwashed
Texas, fine. Eastern
Texas, medium, Eastern
50"
IS « in
None,
a (23
2
Re-reeled Tsatlees.hesi
Ke-rssled I'aawu GouooHi «o.
•
25
»i
Choicest
10
No. 1, Palled
as
a
!*«
».
•)
California. Spring
]K
>x
8X
in*
•
Superior,
Fair
55
|i
American, Nos. 1 * 1
American, Combing and Delaine....
74/
a
"
__
American XX
00
an
7X
Hit
••
••
Hyson.
»X
*%
»ta
«•
YBa
a
•Xs
X4)
••
Extra, Pulled
2
Iff
sua
;x»
••
WOOL-
...
11
a
a
<
"
Manufec'd,ln bond, black work
"
" bright work
....
jxa
IS
a
••
Bright wrappers, common to
Yara, landllcuu, assorted
12 to
13 50
a
V
per
"
NO.
a
«X»
"
-
lajsaaoii},
an
IJit
....a
....a
...a
•
Dark wrappers
..
u a
a
a
ft
Crude
HltratisoOa
00
s
S-95
V a,
IOC
Refined, pure
V-
18
V a
*
SALTPETRE—
&
u
••
B1CK-
Turk's Island
St. Martin
Liverpool Ashtoa's
10 25
50
"
.
"
Carollna. fair to prime
Lontslans, prime to choice
V
Rangoon, in bond
a
"
.
Hams. smoked
,5*
....a
...a
,«4*
loxa
•
Kentucky lngs, heavy
"
"
com.
leaf,
a
8 95
)•
5^2
•xa
M
A
off
Havana, com. to
*bbl.
07
1
HHa
•*
Virginia Leaf
Lugs, common to fine
s
10
5
<<x*>
..•
TOBACCO-
a
sa
800
4S»
More iff,,
'*
Plates. l.C.co^e
Plates. char. terse, 14x20
s
9
<?
1
'
«
Banca
93
a
a
«X»
al.
gall.
'*
TIN—
40
73
...a
23 50
.
.'.OO
a
t>
IX
"
a
• «o a in
l» I ID
•*
Oolong, Common to lair
do Superior to fine
do Kx Uneto finest
do Choicest
Bone. ft Cong., Com. to tair
S.ip'rto tine
do
do
Rv. nneto finest
do
0'iolcest
....a
"
.
Lard. City steam
lft
s)
v
a
10
'
••
Coflee, A. standard
ao
do
xa
».
r
*
J50
»j!
-
••
do
3.)4
3 10
1 SO
4 25
5 00
1
"
<
«
Suupuwder.coni
26
'*
V
Pork, mess, spot
Pork, extra prime
Pork, prime mess, West...
Buel,plaln mess
Beef.extra mess
Beef hams, Western
Bacon, West, long clear
47K
••
?onna Hyson. Con.. to fair
do
Super. 10 flue
Ex. nneto finest
do
oo
2 oj
1 so
2
b j'.
is*:
TALLOW-
;-3
••
7«
J 80
••
WhiteextraC
KxtraC
20
"
if
told
• gall.
"C"
PROVISIONS—
l
"."
Hard.powdcred
do granulated
do cutloaf
do
24W
*
p
'
.'""
do
imall
Pimento, Jamaica
Cloves
do stems
Yellow
Cnha, Mus.,50teat...
Barbadoes
Demerara
Porto Rico
tO test
do
(4. O.. com. to choice
f
Mace
Nutmegs, la- g»
Brazil, Nos. sail
It' flnett— Hard\ crushed
!",«»
24
v9
.'.'""
Melado
ManlU.sup. an! ex. snp
Batavla. Nos l<<au
1
a
....a
,
12X6
M a
hide, b., m. ftl....
1)41
it
iDferlor to common refining... .is s>.
•
Fair
••
Good refining
Porto Klco. refln fair to prime "
••
Boxes, c'ayed, Nos. 10ai2
••
Ceutrlfugal, Nos. 7«13
12
1
...
900
SnoAlC-
18 00
4
a
h.,m.ftl.tin>.
Cases...
Refined
n."
a a
22 00
a
PETROLEUM-
»
tt
w
a
........
«» a
km a
»,-
American blister
American cast, Tool
American castsprlng
American machinery
American German soring
:9 00
18
>!Ha
f lOOlbs
City, thin oblong, bags
Western, thin oblong (Dom.)
1
12
10
,
a
a
a
a
a
18 50
Pepper, Batavla
do
Blnakpore
do
white
Cassia, China Llgnea
do
Batavla
Ginger, African
do Calcutta
EngHsh.cast/idftlstq'ialtly ....*»
English, sprlng,2d ft Istquallty.. •
English blister, 2d 4 Istquallty.. "
••
English machinery
English German, 2d A 1st quality "
:::
...
...
a
a
»
'......'. ..'....'.'..
8TKKL-
atore Prices,
h
....a
rough
Slanghtercfop
Oak. rong-h
Texas, crop
Brazil,
I Si
1 IS)
I If
I St
,
4
•
Whisker
....a 20 co
LEATHER—
OIL
a
a
a
a
a
quarters,
Ordlnary foreign
Domestic, common....
Bar (discount. 10 p. c).
••
Sheet
.,
Whale, bleached winter
Whale, crude Northern
Bperm, crude
Sperm, bleached winter
Lard oil, Hos. 1 and 2
.'4
Peaches, pared, (is., goad to ch'ce..
an pares. Lalves and qrs...
do
Blackberries
Raspberries (sew)
Cuarrles. piueu, try mixed (now)..
Films, f< .»
do
Damsons
WsaMUtbarrlw taen)
a
a
...
LEAD-
Neatsloot, No.
4 •as
10
11
Bute, sliced
do
20
2
3 80
23
40
l«!»4
„
Macaroni, Italian
Domestic Dried-Apples, Southern, sliced
do
4*
*H»
13K«
,X*»
...
...
a
refluel
St. Croix, 3d proof
Gin
Whiskey, Scotch
do
Irish
Domestic liquors—
Alcohol, luly 1 aid
10
01L8-
30
30
i%
10
12
...
18 so
17 00
20 00
OAK UM— Navy.U.S. Navy ft best
.10
4
a
57*a
1
French
» ton.
Walnuts, Naples
23
I
52
5')««
....a
Pecan
a
1
sax-dines,
do
do
do
*
IS
1
«
a
...a
...a
Crnde, In shipping order.,
1 4
Valencia
Currants
Citron
Prunes, Turkish, new
Dates
.
a
«S
5s$»
Naphtha, City, bbls
FRUIT—
Layers
Loose
a
a
a
a
5xa
ft
F18H-
a
...
100 ft.
.
a
31
8 50
35
ft
„
Plg, American, No. 1
Pig, American, r. 0.2
Pig, American, Forge
Pig, Scotch
"
1
igg
Brandy, foreign brands
Rum— J am. ,4th proof
IROK--
Almonds,
6
„
3 15
1 15
a
a
a
,
Carthagena, pressed
Nicaragua, sheet
Nicaragua, scrap
Honduras, sheet
Mexican, sheet
"
"J
SPIRITS—
II
4
NUTS—
6^a
4
!9
»
\»
12
(
51
,
Hosln, strained to good strd.*)
•'
low No. 1 to good No. 1
" low No. 2 to good "i 2
'•
low pale to extra pa'e
"
window glass
:9
16
a
a
&
&
4
9
-
Pitch, city
Spirits turpentine
2j
go
3 s>
15 71
a
a
22
24
24
25
Madder, Dutch
Madder. French
Nntgulls.blue Aleppo
25
21 00
I
<,
5^4
111' ItllKIC
Tar, Washington
Tar, Wilmington
a
13
Ginseng
,60*
9
\.\&
120 4
PKOib.
Is*
iq
50
s
h
Cnba, clayed
2 CO
a
a
12
21
8X
MOLASSES—
1CX
1
* 100 ». s 2; a
Caustic soda
"
15 62X 3
Chlorate potash
a? a
Cochineal, Honduras, silver
do
21
2;
24
OTtf-
ft
Alnm, lump.
do
do
do
17
17
Si
American ingot. Lake
COTTON— See special report.
DRUGS
US
a
7
10
..
Para, fine
Para, coarse
Ksmeralda, pressed, strip
Guayaquil, p-essed, strip
15^
<o
V »
Bolts
17
a
COPPER—
to fair...
to choice
3
l
t
12
14
a
8
growths
Hemlock. Buen, A'res
'
California, h.,
15
10Xi
"
«
16
15«
g
a
12
"
11
a
12
"
Domingo
Savanllu
Costa Klca
\\*
Kii
a
"
20H,
13
12
•
10
II
12
10
pj•
••
. .
*o>
u
ton
a
a
'
Ralls, American, :r tlde-wntcr
39 on
Steel rails, American, a. tide wate-*. 49 to
COFFEE—
do
dofair,
do
do good,
do prime, do
Java, mats
NatlveCeylon
Mexican
Jamaica
Maracalbo
Laguayra
:o
'"
'
Bar, Swedes, ordinary sites. V lb.
Bar refined, Eng. and Amer per ton.
Sheet, Russia, 8 to it
t>x.
9 72X3? i5
Btove.. .. 2!0
2
2 5)
2 55 («.; 57*
2 35
Cb'nnt.
2 3J
• 50ceols additional lor delivery at New York.
w.
for
quotations
are
Wilktsbarrc coal.
5 L. &
Bio, ord. car
INDIA
'
".'.'.'.'
foreign
Flaxbeed, American, rough
Linseed, Calcutta
w5Ssi'.'
.'.'
D mesne
SPICKS—
21
9H«
»sa
Panama strip
SCO
003
Anthracite— The
Bchedute.
.
Western
a
5
17
new crop, low
new crop, med.
a
Btate factory. fair to i>rlm8,old.*»
"
Ohio flat, far to fine
20
do
Eastern
it
COAL,-
do....
£»
ti
a
1»H»
no a
20
selected
do.,.,
do....
do....
slanght. cosr.
Yorks.
do
u •
< 10
Foretgn
Domestic, common.,
HO PS40
1
12X»
CHKHSH.—
,
a
31
21«»
A. /. Htock— Cal
Calcntts, dead green
Calcutta, buffalo
1150
u •
Liverpool gac cannel
Liverpool honseoannel
Para,
2 25
1
1 it
Unseed. Bombay
do....
do
do...
do...
do...
Matamoras.
•
«X
.
California,
4 50
l7tV
•anary, Sicily
Canary, Spanish
Canary, lunch
SPKLTSR-
W«<SaK«l-Buen. Ay,
450
•
s>
„..,.
,,,,.
»
Hemp,
>M
...:
:
3\a
Rio Grande,
Orinoco,
a
3
:.
Montevideo,
deo,
Corrlentes,
i<
I
,
11
7*a
JTry-Bnenos Ayres^elected. *».
is ou
I
l«o 00
no '«
iSJOO*
a>»
Jute
00
a
14
3drtn«
delivery:
145 en •
1.5 104
HIDEB-
alio
Maple
wM.ft.2000 a
SailH— :oa«Od.crm.fen.* sb.» keg
a
Clinch, lx to 3 In. A longer
3 75 a
,
ton.
a)
Ainerlcai. undressed
sisai
III
a
a 60
a 22
a
a«
a 45
35 00
75 00
13
planks, each
boards, each
American dressed
a,
New fork Bute
over.
Timothy
Canary, Smyrna
IK
Manila
a
Pine, Bhloplng. box
:2
do tally boards, com. to E'n.each.
Oak
* M.lt. 85 00
A
C
a
Italian
6 75
v so
_
a.i
IP
90
It. JO 10
18 9P
M
x.um&er-Plne.g'd to ex.dry .>
BKCDftClover, Weaviro
100
aj
Rossis olean
22 00
Cement— ttnsendale
<»
•
j;i
J
Lime— Rockland common
report nnder Cotton
North River shior'nc
HBMP AN I). 11)
Hemlock
.
,
181
HAT-
PKICES OURKBNT
Ash. good
Black walnut
flamce boards
—
.
THE CHRONICLE.
1870.]
10,
.
,
»"
40
41
40
41
,
:
THE CHRONICLE
182
FKKD. A. BBOW.N.
BBOWN.
H.
Commercial Cards.
Steamships.
Financial.
W1LSTON
Walston H Brown & Bro.
ON
Y
L,
11
&
Direct Line to France.
York.
The General Trans-Atlantic Company's
Hail Steamships,
sRwm
NEW YORK AND HAVRE.
RAILROAD SECURITIES.
&
Co.,
'Manufacturers and Dealers in
SPECIAL ATTENTION GIVEN TO THE NKGOT1A
TION OF
Trask
Turner
BrinckerholT,
.
BANKERS,
Pine Street, New
XXIX
[Vol.
Francis,
COTTONSAILDUCK
And
The splendid vessels on this favorite route far the
Continent— cabins provided with electric bells— will
sail from Pier (new) No. 42 North Kiver. foot of
Morton street, as follows
Wed.. Aug. 20. 7 A. M.
AMKIIIUL'K, Delord
Au K- S 7i? S' «'
FRANCE, Trudelle
jir We<
Sept. 3. 6:30
P. M.
Wed., L"
Franguel
kinds of
all
COTTON CANVAS, FELTING DUCK, CAR COVER
1NG, BAGGING. RAVENS DUCK, SAIL TWIN B8
*U. " ONTARIO SEAMLESS BAGS,
'
"AWNJUG
STRIPES.'
"
BANKERS AND BROKERS,
70 Broadway A 15 New St., New
\ <>rk
Transact a General Banking Business.
STOCKS, BONDS and GOLD Bought and Sold on
Commission, and carried on Margins.
Deposits Received and Interest Allowed.
IF" Accounts of Coantry Banks and Bankers re
celved on favorable terms.
B.
CANADA,
PRICE OF PASSAGE, (Including wine;
To Havre— First cabin, $100; second cabin,
United States Ranting Company.
A
fall
supply
No. 109
ding and utensils.
Return tickets at very reduced rates, available for
twelve months.
For passage and freight apply to
Hong Kong &
DE RERIAN,
LOUIS
MAIN STREET
:
Aug.27| AILSA
For Kingston (Jura.). Hayti and Maracalbo
Aug. 21 CLARIBEL.
ALPS
Superior first-class passenger accommodations.
P1M, FOitWOOD & CO., Agents,
No. 37 Wall Street.
BONDS
and
At Auction.
The
undersigned
REGULAR AUCTION
hold
SALES
of
all
&
DIIILLER
Wa*hln:rt<>ii
Ullertoii
43
H. NICOLAY, Auctioneer
II iili.,
('hicopee
New
la.
cllned Planes, Transmission
Also Gal
of Power, &c.
van 'zed Charcoal and BB lor
ITIfg
Co.,
&
I
tiillo,
From Various Mills.
BOSTON,
liS CUAChOIT
WuITB STBBBT.
PHILADKLPHIA,
NEW YORK,
15
W
DAYTON.
'ASH
Or Special
ALBERT
II.
Ohrstnttt 8tkb*t.
&
Insurance.
Bro.,
MARINE AND INLAND INSURANCE.
ORIENT
ef
when
_^
required.
NICOI.AY & CO.,
St., New York.
No. 43 Pine
Mutual Insurance Co.
John Dwight
S UPE R-C
and Coupons
Investors or
dealers wishing to buy or sell are Invited to communicate with us.
Member of the New York stock Exchange.
And
The Jobbing Trade
Investment Securities,
Second St.
2 SOUTH STREET
Edward F. Davison,
Henry DeB. Routh.
ONLY
York
E. H. R. Lyman,
Henry R. Kunhardt,
Walter Watson,
Auchincloss,
Lawrence Wells,
Henry E. Sprague,
John Welsh, Jr.,
WiMam Pohlmann.
Lewis Morris,
Alexander Hamilton,
Constautin MeLeias,
Carl L. Recknagel,
1
W.
F. Ca'y, Jr.,
Carl Vietor,
Supplied.
Arthur B. Graves,
H. L. Chas. Kenanld,
CHARLES IRVING,
ANTON METZ,
B VITIJIOKE, JID.
G. Fabbri,
Chas. F. ZimmermauD
Tlieod re Fachiri,
C. L. F. Rose,
Wm. S. Wilson,
F. Cousinery,
Gustav Schwab,
George H. Morgan,
L. M. CalvocoressL
Secretary.
Assistant Secretary.
THE
Purchase and sell Governments and Coin.
Gold constantly kept on hand for the supply of Merchants, for duties.
BU Celebrated Humbert,
Bonds and Securities of every description bought
and sold on Commission Orders, which have direct
UTUALL1FE
303-404- 70-36 -332,
1
1
persona] attention.
and his other ttylea may be had of all dealer a
Especial attention Is given to Investment Securities
of the higher grades, quotations for which are fur.
nlshed as required.
Correspondence solicited.
1 rner-to
EUGENE DUTILH, President
ALFRED OGDEN, Vice-President.
A\
&
Alex.
Lawrence,
J.-hii D. Dix,
Charles Munzinger,
Hugh
Ramsay Crooks,
Sons,
Dealers In Governments, Coin,
Opposite
No. 11 Old Slip,
M
George Mople,
ARBON ATE
SODA.
New
SPECIALTY.
Fisher 8c
BANKERS,
TRUSTEES.
Co.,
OF
SOUTHERN SECURITIES
Wm.
&
December, 1§7§,
$1,123,270 63.
MANUFACTURERS OP
BANKER AND BROKEK,
No. 14 Wall Street, New York City,
State, Municipal and Hallway Ponds
bought and Bold at best market rates.
As§ets, 31st
JTIILWARD'S III MX NEEDLES.
400 BROADWAY, NEW YORK.
in B. Manning,
Johi
A
& CO.,
New York.
VIA SON
43 Broadway,
OFFICE OF THE
all classes
88 Years,
Sa'es on other days
order.
JOHN W.
ST.
STOCKS AND BONDS
EVERY HON DA Y AND THURSDAY,
l^~ Our Established Days
Rigging, Suspension
Bridges, Derrick Guys.Ferry
Ropes. &c.
A large stock
constantly on hand from
which any desired length
are cut. FLAT STEEL AND
IRON ROPES for Mining
purposes manufactured to
i-ihlps'
AT AUCTION.
"We hold our Regular Auction Sales of
CHARCOAL
STEEL
IRON ef
'
George A. Clark
and Bonds
Stocks
Wire Rope.
AND
Atlantic Coiton mills,
Saratoga Victory Mfg Co.,
and
Hosiery. Shirts and Drawers
J.
ALBERT
FORBRS.V
Central Street. 1
& Co
RurllnKton Woolen Co.,
SON,
NEW YORK.
New York Agency,
S. W.POMEROY Jr.,
59 Wall St., N.Y
1
MURRAY
a0
superior quality
suitable for MINING AND
E. R. Mudge, Sawyer
AGENTS FOR
WEDNESDAYS AND SATURDATS.
No. 7 PINK STREET,
Co.,
HOISTING PURPOSES,
OH
II.
&
St., N. T.
merchants
Commercial Curds.
classes of
STOCKS AND BONDS.
ADRIAN
Boston Agency,
J.
:
Special attention to business of country banks.
Wall
Hong Kong, Canton, Amor, Foochow
SnaugUal and Hankow, China.
I
INVESTMENT SECURITIES.
J«.. 59
AND SHIP AGENT
;
ANDES
bankers and brokers,
1 Wall St., Cor. New, New York.
STOCKS
For West Indies and South America, Calling at
the following ports, viz.: Kingston (Jam.), Cape
Hayti, Gonaives, St. Marc, Port an Prince,
Caves and Jacmel, in Hayti Santa Martha, Savanilla, Carthagena and Aspinwail, in Colombia; and
Greytown, Nicaragua.
Regular Fortnightly Sailings from Pier No. 51
North River as follows
For Hayti, Colombia, Greytown, Port Limon, Aspinwail. Panama, and South Pacific Ports
:
Co.,
Shanghai
Office,
AGBNT,
POMEHOY
Russell
Am com miss ion
Special attention paid to Investment orders fox
miscellaneous Stocks and Bonds.
&
W
Atlas Mail Line.
HARTFORD, CONN.
In stock.
Street.
Hong Kong.
Head
S.
(HILLS BLOCK),
A. H. Brown
Doane
Banking Corporation,
Agent, 55 Broadway,
BOND AND STOCK BROKER,
833
Widths and Colors always
all
$65:
third cabin, $35: steerage, $26, including wine, bed-
Blakeslee,
F.
Also, Agents
:
throughout the world.
i
Joseph Gillott
& Sons,
New Tork.
iSulRCECOMffl
J
OF NEW YORK,
—F.S.WINSTON, PRESIDENT.
STEEL
SPBNCERIAN
PENS.
In 20 NUMBERS, of superioi
Engl ish make, suited to every style
of writing. A Sample of each, lor
trial, by mail, on receipt of 25 CTS.
ASK VOIR STATIONER FOR
THE SPENCERIAN PENS.
IV.NOi., ti'Hkrin
111.
liivior&C
NEW VQHK.
,
ISSUES EVERr APPROVED DESCRIPTION OF
LIFE AND ENDOWMENT POLICIES
ON TERMS AS FAVORABLE AS THOSE OF
ANY OTHER COMPANY.
ORGANIZED APRIL IZV 1842.
-
-,
CASHASSEI5 0V£R$80,0OO,00O.
AuorsT
THE CHRONICLE
IP, 1879.]
Publications.
InMii-Htiec.
Cotton.
Abbas** * Co.,
Lass as. Dobs A Co.
Greatest Living lbuman,
New Orleans, La.
Montgomery, Ala.
Authors, snoh as Prof.
Max Holler, Rt. Hon.
W. E. Gladstone, Jas.
A. Froude, Prof. Huxley, R. A. Proctor, Ed.
A Freeman, Prof. Ty n AND
II.
dull, Dr. \»
Carcommission merchants,
penter, Prances Power
40 exchange place,
Cobbe, The Duke of
The
LEHMAN BRO'S,
Cotton Factors
OFFICE OP THS
.
ATL ANTI C
Mutual
.
A
Co.
Insurance
New
Argyl Wm^Black, Bliss Thackeray,
Miss IHuloch Geo. IHacDonald, 'ir«.
Ollvhant Jean Ingelow, Mrs. AlexHardy, Matthew
ander, Thomas
Arnold, Henry Klngsley, Turfcuenler,
Carl) li-, Huakln, Tennyson, drowning, and many
others, are
York.
seated at the Cotton Exchanges Is N»w
Tork and Liverpool, and advances made on Cot-.oa
and other produce consigned to us, or to oar cone
Orders
e-
pondents In Liverpool,
and Messrs L. Rosenheim
represented In the
Me
A
srs.
Newgate
ti.
A
Ce>.
Sons.
pages of
Hit
'
The Trustees,
Littell's Living Age.
York, January
25,
1878.
In conformity to the Charter of the
Company, submit the following Statement of
affairs
Its
on the 31st December, 1878:
1st January,
cember, 1S78
Premiums on
marked
off
1st January, 1878
1,848.697 36
Total amount of Marine Premiums.
No
\
olicies
$4,858,006 83
.
hsve been issued upon
4,186,034 93
Expenses. .. $859,960 58
ABLEST LIVING WRITERS.
"
New Tork
Bank and
other stocks. $10,086,758 00
Loans secured by Stocks, and other-
wise
701,200 00
Real estate and claims due the Company, estimated at
619,031 50
Premium Notes and Bills Receivable/
Cash in Bank
„
.„.....;
1,529,259 74
,
881,210 92
reproduces the beet thought* of the be*t tntnds of
the ctmlited world, upon all topic* of living interest."
— 1 h 1 deiuhia Uqu rer.
It
Tm prince among magatlne»."—S.
T. Observer.
"jt afford* the best, the cheapest and most convenient
means of keeping ab east with theprogre * of thought
In alt itsphu***. '— Pnlladeli hla North Atnerlcau.
at $8 00 a
The Li vim, AGS is Pi'ui.imi m>
year, freeot postage: or for 111) 50 Th« Living Agz
and either one of the American ti monthlies (or
Harper'* Weekly or Bator) will be sent for a year
both postpaid or, for «9 50 Thi Livma Aos and
the St. Atenolol or Appleton't Journal.
•'
the outstanding
certificates of profits will be paid to the holders
on and
thereof, or their legal representatives,
Tuesday, the 4th of February next.
'
Xlie Outstanding Certificates of the issne
Dividend of Thirty per cent,
is
de-
clared on the net earned
premiums of the Company,
for the year ending 31st December, 1878, for which
certificates will be issued on and after Tuesday, the
8th or
May
next.
By order
^
H. CHAPMAN,
Secretary.
TRUSTEES:
Charles Dennis,
THE CHRISTIAN
ADVOCATE present to
Of
Its
readers in
.
Charles II. Russell,
David Lane,
Francis Skiddy,
Wm.
Adolph Lemoyne,
William E. Dodge,
Thomas F. Youngs,
Sturgis,
Josiah O. Low,
Charles P. Burdett,
Royal Phelps,
C. A Hand,
William H. Webb,
Horace Gray,
Edmund W.
John
John D. Hewlett,
Corlies,
Alexander V. Blake,
Charles H. Marshall,
Robert T. Stuart,
Frederick Chauncey,
William Bryce,
Peter V. King,
Horace K. Thurber,
William Degroot,
a paper SEC-
AA
Its
F. Wheless
Me-
Reason
readers are of the bet
That the membership
ter class In every
of the Church appreci-
munity where
Is
evinced
lates
;
it
:
com
circu
in fact, lust the
people that first-class
STEADILY INCREASING CIRCULATION of the paper.
Business Houses desire
to reach.
spondence
TENTION Is given that
and
no Advertisement cal-
of
culated to mislead tne
the
cities
York, Brooklyn,
delphia,
and goes,
Into every
Charles D. Leverich,
Territory of the Union,
State
readers of the paper
is
W. Lamkin &
and
CORRESPONDENCE
SOLICITED.
and Canada and Europe.
ESTIMATES PROMPTLY FURNISHED ON
APPLICATION.
PHIL, MI'S
Co.,
Cotton Factors,
II
USUI
III.,
MISS.
Orders to Purchase Cotton In our market sollclte*
Refer to Messrs. THOMAS J. SLAUGHTER, New
York
Wm.
Felix Alexander,
COTTON BROKER,
AUGUSTA, GEORGIA.
Entire attention given to purchase of COTTON os
for SPINNERS and EXPORTERS
Correspondence Solicited.
References :— National Bank of Augusta, Georgia
ORDER
Henry Bentz ft Co, Commission Merchants New
York William B. Dana ft Co., Proprietors Cossas
otal asd Financial Chbohiclb, and other Ne»
Yolk Houses.
;
Metropolitan Elevated
RAILWAY.
M. TO
OPEN FROM
12 P. U.
5*0 A.
Rector Street— Nearest point for Wall St. Ferry
and connects with the cars for South J erry. Cortlandt Street— Nearest point for Jersey I lly and Comoiuntiaiw Ferries. Park Place. Chambers Street.
Franklin Street. Grand Street. Bleecker StreetConnects with cars for Easl and « est. 8th Strcel,
14th Street. 23d Street. 33d Street. 42d StreetConnects with New York Transfer Company's cabs
50th Street and «th Ave.
for Grand Central Depot
58th Street. 53d Street and sth Ave. 58th St. and
0th Ave 78d Street and 9th Ave. 81st street an<t
5th Ave. 93d Street and 9th Ave. 10«th Street sad
9th Ave. For up-town trains take east aide station*.
For down-town trains take west side stations.
Trains will run to 58th street and Oth ave. ace
104th street and 9tbave. alternately.
Sunday trains from 12:30 P. M. till 12 midnight.
°
'
FARE TEN CENTS. „,., M.
A.
sad
Except between the hours of 5:80 and ..»
0an
o and 7 P. M., when the fare Is Five Cents.
_
inserted.
also.
James G. DeForest,
Corre-
solicited^
RKKKKKM-Ks.-Thlra and Fourth National Basks
and Proprietors of Tub Cubonicle.
PARTICULAR AT-
has a large local
in
Co.,
NASHVILLE, TENNESSEE.
Its
the present large
and
&
COTTON
pays to
patronize.
Jersey City and Phila-
MOORE, Sd Vice-President.
BAVKN, 14 Yke-rrcBideal. —
H.
it
point of actual merit.
New
JONES, President.
CHARLES DENNIS, Vice-President,
John
DOUSE IT HIGHLY
kind in the world In
around
William H. Fogg,
Thomas B. Coddington,
A. A. Raven,
Benjamin H. Field.
IN
Its
Columns
Advertising
dium that
circulation
Robert B. Minium,
George W. Lane,
stant habit of using
as an Advertising
of
'
J. D.
W. H.
week-
Co.,
are is the con-
PUBLICATION
It
Elliott,
Its
&
Broadway. New York.
17
V
Who
CO.,
OTTON FACTORS* COMMISSION MERCHANTS
BUSINESS HOUSES
OND TO NO OTHER
In
Lewis Curtis,
James Low,
Gordon W. Burnham,
Sawyer, Wallace
D.
ate this fact
D. Jones,
W. H. H. Moore,
J.
UABCOCK BROTHERS *
90 Wall Stbbbt.
Special attention given to Spinners' orders.
LEADING NEWSPAPER OF THE METHODIST
EPISCOPAL CHURCH.
Circulation oyer GO, 000 Copies Weekly.
TnE PUBLISHERS
LIVERPOOL,
Receive consignments of Cotton and other Produce
and execute orflem at the Exchanges In Liverpool
Represented In New York at the ofhee of
COMMISSION MERCHANTS*
NEW TORK.
ly issues,
of the Board,
J.
COMMISSION MERCHANTS,
17 Water Street,
Christian Advocate,
after
of 1875 will be redeemed and paid to the holders
thereof, or their legal representatives, on and after
Tuesday, the 4th of February next, from which date
all interest thereon will cease.
The certificates to
be produced at the time of payment and cancelled.
A
The
Boston.
CO.
A
F.BABCOCK&CO.
;
L11TELL A GAY,
and Liverpool,
JERSEY
E
Wmtv
.Total amount of Asae ts.~T!"T ."".;. . $13,320,463 16
Six per cent. Interest on
If
B.
great amount of matter, with freshness, owing to lta
weekly Issue, and with a satisfactory complete****
attempted by no other publication, the beet Essays
Keviews, Criticisms, Ta'es. Sketches of Travel and
Discovery. Poetry. Scientific. Biographical. Historical
and Political Information, from the entire body of
Foreign Periodical Literature, and from the pens
of the
the following assets, viz.;
United States and State of
Stock, City,
MOST KSSAYI8TS. SCIENTISTS. CRITICS, KM
COVKKKKS AND E11ITOKS, representing every department oi Knowledge and Progress.
Thb LiviNu Aui Is a u-eeklg maganne giving
THREE AND A QUARTER THOUSAND
December, 1878....
Losses paid during the
saxe psnod
$2,012,784 <*
Return 3 of Premiums and
•Tiaornesier
In the world of the moat valuable Literary and Sclen.
Uric matter of the day, from the pens of the FORK-
double-column octavo pages of reading matter yearly
It presents In an Inexpensive form, considering itt
ary, 1878,to 81st
new tore.
soussa nt
Unapproached by any other Periodical
more than
dor upon Fire, disconJ
nected with Murine, Risks
Premiums marked off from lBt JanuLife Risks
The Company has
(3 exchange place,
ana an amount
$4,009,309 47
policies not
j
LEADING FOREIGN NOVELISTS.
De-
1873, to 81st
commission ihbrchanti,
readers the productions of the
its
forcmo-t authors above named and many others
embracing the choicest Serial ana short Stories by
the
Premiums received on Marine Risks,
from
to
will furnish
Hanemann Sc Co
KLnoop,
Jan 1, 1879. Turn I.iviso Asi entered upon Its One
Hundred ind Fortieth volume. Durlrg the year It
& HUNT,
PUBLISHERS.
No. »0B Broadway,
New
York,
.
WM.
M.
R.
VAN BBOCKLIN,
GARRISON.
1?
Superintendent.
,
:
THE CHRONICLE.
Tl
Cotton.
Cotton.
Woodward &
Stillman,
SEAMEN'S BANK BUILDING.
No*. 74
tc
76 Wall Street,
NEW
YORK.
INMAN,SWANN&Co
Cotton Exchange Building,
New
101 Pearl Street,
York.
SECURITY.
LOANS MADE ON
made on Consignments.
-Special attention paid to the execution of orders for
the purchase or sale of contracts for future delivery
16, 1879.
Insurance.
COTTON
COMMISSION MERCHANTS,
GENERAL COMMISSION MERCHANTS
uOANS MADE ON ACCEPTABLE
x.1bera advaaces
[August
SOUTHERN SECURITIES.
HOME
•
w
Company^
Insurance
OF NEW YORK,
BROADWAY.
OFFICE, 110
Fifty-Sec and Semi-annual Statement,
SHOWING THE
CONDITION OF THE COMPANY ON THE FIR8T
DAY OF JULY, 1879.
CASH CAPITAL
$3,000,000 00
Reserve for Re-insurance
1,728,217 00
Reserve for Unpaid Losses
220,2 10 26
NetSurplus
1,179,£94 48
$6,128,021 74
Total Assets
SUMMARY OF
of cotton.
ASSfcTS
in the United States, available for the PAYof LOSSES by FIRE and for the protection of Policy-Holders of FIRE INSURANCE:
Cash In Banks
$98,422 67
Held
&
Henry Hentz
Co.,
Fielding,
Gwynn & Co.,
GENERAL
Bonds and mortgages, being
St.,
New
COTTON FACTORS
York.
AND
Advances made on Consignments to
Messrs. JAMES FINI.AY A CO.,
LIVERPOOL, LONDON AND GLASGOW.
COMMISSION MERCHANTS,
FIM. A V,
MUIR &
'and sold on Commission in
140 Pearl
Johnston,
SUCCESSORS TO
WARF, MURPHY &
A
(Successors to
&
Tainter,
NOURSE & BROOKE
,
COTTON MERCHANTS,
COTTON COMMISSION MERCHANTS, GENERAL
9T PEARL STREET, NEW YORK.
111 Pearl Street, New York.
Future
promptly
executed.
orders
signments.
&
B. R. Smith
Co.,
COTTON
COMMISSION MERCHANTS,
109
PEARL STREET, NEW YORK,
AND
R. M. Waters
54
&
Co.,
MERCHANTS AND BANKERS,
BROAD STREET, NEW" YORK.
Liberal Advances
made on COTTON
21 Central Street, Boston.
COTTON BROKERS,
Mo. 146 Pearl Street, near Wall, N. \.
Tontine Building)
&
Foulke,
GENERAL
COTTON BROKERS,
COMMISSION MERCHANTS,
NEW
YORK.
BEAVER STREET,
121 Pearl Street, New York.
63
Almy & Co.
(Successors to
GRAY &
Special attention given to the execution of orders
CO.),
No. 95
WATER
BOSTON, MASS.,
Agencies for the purchase of Cotton at all of the
principal Southern Markets.
E.
&
Jemison
S.
(Successors to
Co.,
H. Tileston
&
iiOODY & JEMISON),
AND
COTTON BUYER & COMMISSION MERCHANT,
•GENERAL COMMISSION MERCHANTS
York.
Future Con*
Advances made on Consignments
Cotton bought and sold on Commission, In
tracts for
"New York and Liverpool.
H. W.
&
J.
H.
Farley,
COTTON FACTORS,
COMMISSION MERCHANTS,
AND
FINANCIAL AGENTS,
132 Pearl
P.
O Box
Street,
3,909.
New
York.
Advances made on Consignments.
Special personal attention to the purchase and sale
''CONTRACTS FOK FUTURE DELIVERY" OF
COTTON.
Ot
Dennis Perkins
&
Co.,
COTTON BROKERS,
117 Pearl street. New York.
Orders for Spot Cotton and Futures promptly exe-
.ated.
1879
(6,914,147 79
$3,000,000 00
1,617,189 F6
251,499 00— 4,868,683 65
1,
Capital...
Unpaid
losses, etc
NET SURPLUS, Jan. 1,
No. 2 Cortlandt
NEW ORLEANS,
A. L. Pierce
Civil
&
1879..
St.,
$2,045,458 94
New
ALEXANDER,
J AS. A.
York.
Agent.
North
&
British
Mercantile
Co.
Ins.
OF
United States Board of Management,
NEW YORK
SOLON HUMPHRE Y8, ChVn,(B. D.Morgan & Co
DAVID DOWS, Esq. (David Dows & Co.)
FABBRI.
E. P.
Hon.
S. B.
Esq. (urexel,
Morgan
<fc
Co.)
CHITTENDEN.
EZRA WHITE.
Esq.
J. J. ASTOBL, Esq.
CHAS. E. WHITE, SAM. P. BLAGDEN,
MANAGERS,
54 William St.,
Liverpool
Lo7idon
New York.
&
& Globe
Insurance Company^
L. F. Berje,
New
Total Assets, January
Co.,
SOTTON BUYERS & COMMISSION MERCHANTS
60 Stone Street, Slew York.
O *i*»rj lu FaturcB executed at N. Y. Cotton Exchange
BANKERS, COTTON FACTORS
No. 123 Pearl Street,
OF HARTFORD.
Office
Delivery.
STREET,
Company
Insurance
for the nurchase or sale of Contracts for Future
BUYERS AND BROKERS,
.COTTON
vETNA
LONDON AND EDINBURGH.
1841.
delivery.
Bennet
has been de-
in Store.
James F.Wenman& Co.,
Established (In
President.
Secretary.
on demand.
Re-insurance fund
Liberal advances made on consignments. Prompt
personal attention paid to the execution of orders
or the purchase or sale of contracts for future
WALTER & KROHN,
MARTIN,
FIVE PER CENT
Dividend of
clared, payable
PEARL STREET. NEW YORK
Waldron
J.
WASHBURN,
J . H.
COTTON BROKER,
CO.,
Special attention paid to the execution of orders
for the purchase or sale of contracts for future delivery of cotton. Liberal advances made on con-
$6,128,021 74
Total
Geo. Copeland,
bought
New York and Liverpool.
&
Y.
CHAS.
136
rSchroeder
street, N.
CO.,
CALCUTTA AND BOMBAY.
FUTURE CONTRACTS FOR COTTON
8.734 24
cies issued at this office
Also execute orders for Merchandise through
Messrs.
tirst lien on
real estate (worth $4,167,609)
1,928.238 04
United States stocks (market value)
8,219,500 00
Bank stocks (market value)
189,575 00
State and municipal b'ds (market value)
235,778 00
Loans on stocks, payable on demand
(market value of securities $210,367)..
141,170 00
65.178 25
Interest due on 1st July, 1879
Balance in hands of agents
183,505 68
Realestate
95,921 26
Premiums due and uncollected on poli-
'
COMMISSION MERCHANTS,
8 South William
MENT
45 William St.
LA.
J.
E.
Co.,
P17LSFORD,
Resident Manaueb.
& Real Estate Agents,
YICKSBUKG, MISS.
Engineers
(commercial
Purchase, sale, entry and redemption of lands and
for non-residents attended to.
nformation as to value and local advantage of
lands furnished. Our field of operation embraces
the States of Louisiana and Mississippi.
Fayment of taxes
Union
MANCHESTER
Works,
Locomotive
ALFRED
Treasurer,
40
Water
street,
Boston
PELL,
Resident
MANCHESTER, N. H.
W. G. MEANS,
Superintendent,
Manchester, N. H
L-o.
{OF LONDON),
MANUFACTURERS OF
Locomotives and Amoskeag Steam
Fire Engines,
ARETAS BLOOD,
Ins.
3T
&
Manager
39 Wall Streez
@FedFRASER