Full text of Commercial and Financial Chronicle : August 17, 1878, Vol. 27, No. 686 [Copy 1]

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HUNT'S

MERCHANTS’

MAGAZINE.

§jt W^jeHtif §U ins jra p e *,
REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OF THE UNITED STATES.
-

.1,1.

-

YOL. 27.

~

"■

■“

THE

Exports of Specie...

Let Honesty Organize
The
Monetary Conference

Paris

.

at

I
THE

Commercial
News

and

Miscellaneous
164

BANKERS’ GAZETTE.

Money Market, U. 8. Securities,
I Quotations of Stocks and Bonds... 168
Railway Stocks, Gold Market,
| New York Local Securities
169
Foreign Exchange. N. Y. City
I Investments, and State, City and
Banks, Boston Banks, etc.
165 |
Corporation Finances
170
THE COMMERCIAL TIMES.

Commercial Epitome
Cotton
Breadstuff a,

174 I Dry Goods
174
180

I

181

Imports, Receipts and Exports

Prices Current

1S2
...

183

3Jtoe Chronicle.
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NO. 686.

working toward the point at which it is con¬
profitable to ship gold, and it is not improbable
that some shipments will be made. The course of the
foreign exchanges, therefore, is peculiarly an interesting
subject just now, and a presentation of the leading facts
which may influence that course will be timely.
Turning back to a review we made of the subject a year
ago (September 1, 1877, page 197), we find that the Bank
of England opened 1876 with about 8 million pounds
reserve and 21 millions
coin, which ran up respectively,
by a tolerably uniform movement, to 21 and 34J millions
by the middle of August; in 1877, reserve and coin
began at 14£ and 28 millions respectively, and ran down
by August 15 to 12 and 25£ millions. During this term
in both years the discount rate, as already stated, was
low. This year the reserve was 10^ millions at the middle
of April, and at the middle of
July had sunk to about
9 1-3 millions, which is
considerably less than in any
July since 1869; the coin, which was 23£ millions April
1, was 22 8 millions May 1, and about 22 millions August
1.
What are the causes of this drain of specie? The
following table shows the specie movement to and from
the United States during the last ten fiscal
years :
Tear.

Imports.
$19,807,876

1869

1871

.

1872
1873

28,454,906

1875

1876
1877

1818

Net Exports.

Exports.
$57,138,330
58,155,666
98,441,988
79,877,534
84,608,574
57,630,405
92,132,142
56,506,302
56.162,137
33,733,225

1870

1874....

I^“ A neat file-cover is furnished
a

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sidered

1 The American Bankers’ Associalion
162
Latest Monetary and Commercial
I
English News
162

159
160
161

KIT’ For

"

has been

CHRONICLE.

Rate of Interest in England and

cents.

■■■'"■

SATURDAY, AUGUST 17, 1878.
CONTENTS.

DANA,
FLOYD, JR.

"

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r.

$37,330,504
31,738,487
77,171,964
66,133,845
63,127,637
29,175,499

71,231,425
40,569,621
15,387,723
3,911,912

This remarkable

The Business Department of the Chronicle is
represented among
Financial Interests in New York City by Mr. Fred. W. Jones.

RATE OF INTEREST IN ENGLAND AND

EXPORTS OF SPECIE.
The

tapering off of our net exports of
coin, particularly during the last two years, is exceedingly interesting and goes far to suggest a reason for
the depletion which has been
progressing in London.
But let us look at the course of the precious metals

raising of its discount rate by the Bank of England from the other
side of the water as shown in the movecent, on Monday last, is attracting more than ment
in and out of the United Kingdom during the last
usual attention under existing circumstances.
On June nine and a half calendar
years, the value being “ com27 it was raised to 3 per cent; July 4, to 3-J-;
August 1,
puted ” for 1869 and 1870 and “ declared” since:
to 4; August 12, to 5.
A year ago this we£k it was Year.
Net Imports.
Imports.
Exports.
standing at 2 per cent, and had been so all the year, 1869
$81,887,640
$20,617,315
1810
94,585 450
52,692,890
except that through May and June it was 3, which was 1871
168,603,355
21,900,780
reduced to 2-|, July 4, and to 2, Ju’y
11; August 28, it 1872
151,679,305
*3,639,245
1873
was again raised to
144,386,425
23,609,730
3; to 4, October 4; to 5, October 11; 1674
,

to 5 per

it

114,267,965

then reduced to 4,

37,627,975

November 29, and so finished 1875
138,140,210
28,183,735
1676
the year. In 1876, it was 5
137,320,410
47,950,810
during most of January, 1877
*
•.
198,930,595
*13,177,925
declining by successive steps to 2 at the end of April, 1878, six months
80.512,(90
*6,479,215
and so remained past August.
The present rate is
Net exports.
therefore higher than had been reached
The tables from which we compile this summary are
up to the end of
the summer last year, or in 1876
except in January as interesting in many particulars, and only their great
just stated. Sterling exchange, for some days past, bulk prevents our giving them more in detail. It is
was




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6277888111

160

THE

CHRONICLE.

interesting to note, for example, the remarkable increase ance makes some excuse for them, but it also gives them
in silver imports from Germany, which rose from a little a power for mischief. The more
accomplished leaders, as
over a million
pounds in 1875 to 5 1-3 in 1876 and 13f always, are politicians, seeking no ends but their own;
millions in 1877, although it was but 3£ thus far in 1878. the rest are
happy in their factitious importance and do

The movement of the metals to and from this country,
■still viewing it from Great Britain, appears thus :
Tear.

1874.,..
•

1878, six months
*

Imports
$14,692,165

Exports.
$5,258,585

51.903,925
63,907,355
61,309,890
45,831,475
39,926,810
57,194,455
35.004,695
23,333,895
8,491,475

471.850

Net Imports.
$9,433,580
51,432,075
.

571,435

60.335 S80
•

12.094,085

171,725
3,326,695
19,513,635
7,327,6)0
8,503,25)

‘

64,309,890
33,737,390
3°*,755,085

53,867,760
15,491,660
26,061,295
*14,775

Net exports.

It thus appears

that, taking 1876—which was a low
year for net exports—as the standard, this country sent
out, in the last two years, less than one quarter, and dur¬
ing the last year less than one-twentieth, of her usual
-quantity of the precious metals; in 1877 and the first
half of IS78 (the year of the British tables
being calen¬
dar, while ours is from June 30), Great Britain exported
net 19J million pounds,
against an import of, say, 30
millions as a previous average; and her receipts from
this country have tapered down since 1875, so that, since
1878 began, the movement has been this
way.
The change is sufficiently apparent, and the rise in the
Bank rate now must be regarded as the response
to a
drain in which the almost entire and the
prolonged sus¬
pension of the supply from the United States is the chief
factor.
In considering what degree of influence the
attraction will have which the Bank of England, in
accordance with tradition, is putting upon gold, in order
to make good her loss of it, we must not
forget that a
trade balance of about 258 millions, on goods alone, for
the last fiscal year, in favor of this country, stands
opposed. Nevertheless, an outward flow of specie should
not cause surprise or anxiety,
for its long delay has
been very extraordinary, and the conditions of our
own trade, which in a
great measure must control the
exchanges* would indicate that unless some unexpected
circumstance arises, it will be quite limited. Iu fact,
within the next four weeks cotton bills to a large amount
will be on the market, the movement of the present cot¬
ton crop being fully two weeks in advance of last
year.

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[Vol. XXVIL

whither the tide goes, if
they can only ride it.
As for the rank-and-file, the
report of
sessions at the
not

care

the

Post-Office in this

city, besides being very instructive
reading, shows how utterly absurd and contradictory
are their
notions, scarcely any proposition which has
been put forth during the
past hundred years, in the
field of socialist vagary, not
finding its counterpart in
these recent utterances. The dissatisfied who are
trying
to organize—the distinction should be
noted, for there
are thousands who are dissatisfied but see no
remedy in
a
crusade against whatever is established—have no
cl early-defined ideas;
they have simply a feeling that
they are tired of being underneath, and want a change.
They feel blindly—what is true—that there is an injus¬
tice somewhere in the great
inequalities of life. They
agree only upon these three points: that resumption
must be prevented; that banks must be
destroyed, all
money to be government issues, to be “ made” a full
legal tender and “ worth” what it professes to be by the
easy process of declaring it so; that government must
take in hand the entire

regulation of business and the
curing of nearly all ills. They mistake the nature of
government, regarding it as exhaustless in riches and
power, and as readily affected by the popular wish. Their
sincerity is unquestionable, and they are terribly in
earnest.

To

us

this

new

movement of

bulent elements has in it

the dissatisfied and tur*

nothing unusual or surprising,
being merely the expiring struggle of the inflationists;
but it certainly and loudly calls for action
among the
order-loving classes, which are the very large majority in
this country. We have only to look back a few
years to
see how constant and severe has been the
opposition to
every step out of the financial slough. Many bills for
greenback inflation have passed one branch in Congress,
and one was stopped only by the veto; the Silver bill
and the other one of the last session, mischievous and
untimely as they were, nearly became much worse, and
the resumption act itself narrowly
escaped repeal. The
progress towards and the prospects of resumption we
have recently set forth, and as that event becomes more
imminent the opposition is only
intensifying. It will hang
LET HONESTY ORGANIZE.
upon the Treasury at every step, and if there should be
The inflationism, of many stripes and
grades, which the least slip in the process or the least flurry of public
has been breeding throughout the country
during the alarm, next year, it will rush upon Congress with a
last dozen years, and the labor dissatisfactions which concerted shriek that the
attempt has failed, and with a
have been increasing during the last five
demand
for
the
immediate
particularly,
repeal of the act.
are now endeavoring to combine, for
the purpose of
This, we see then, is not merely the “ crisis” of a year,
selling the casting vote in the approaching elections, which appears as regularly and easily as
any bugaboo,
not being strong enough to mark out an
independent as often as a brisk political campaign comes; but it is the
course.
They do not lack leaders, and those leaders do point to which the eventful years since 1865 have been
not lack shrewdness to understand, if
not to guide, the converging. The momentous question of
turning, now
feverish material at their hands. A few of them are or
later,
and at merely the cost already paid or at an
“
great” and unscrupulous demagogues, of whom Massa¬ additional and needless cost in suffering, back into the
chusetts now supplies the most conspicuous
example. right financial path, is to be decided; and with it whether
Denouncing capital, they take excellent care to get it the government shall not be turned over into
something
and keep it themselves; mouthing against the rich and of the
paternal sort. The volunteer spokesmen of the or¬
against all bonds and bank shares, they avoid being ganizing dissatisfied suggest the abolition-of
capitalists,
poor, and quietly own whatever investments pay best; banks, interest, private
ownershipjof land and use of ma¬
anathemas of “ rings” and professions of love for “ the
chinery, patent laws, customs dues, Chinese immigration,
people”—a most abused phrase, by the way—are with and the contract system; and propose government sav¬
them a cheap .price for leadership. The more
ignorant ings banks, government money, government regulation of
leaders, of whom California has just loaned the East a the hours and
wages of labor,- government management
representative, are fellows whose capital stock consists of railroads and telegraphs, government labor
bureaus,'
of coarseness, activity, and a
roaring voice; their ignor-' co-operative societies, and government work for every-




August

17, 1378.]

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body at his

price. These projects are as really at¬
tacks upon the established order of
things as were the
riots of 1877, and it is unwise to count upon their absur¬
dity as sure to smother them all. As to resumption, it
is manifest that there can be no
easy victory.
Success
in January, with a prompt and positive revival of
industry, will of course disband the discontented party;
but that revival may not be immediate, and it is
unreasonable to expect that the complete and final
change to the specie basis will not require some time.
Furthermore, the least reflection upon the possible com¬
plications by silver, and the almost chaotic state of the
revenue laws and of several
departments of government,
as well as the
necessity of going either forward or back¬
ward in governmental expansion, will show
that, at the
best, the action—or, perhaps more accurately, the non¬
action—of the next Congress will be an element of
extraordinary consequence. If some help to fix and
complete resumption is not needed from that Congress,
it may be essential that it shall not
hinder; at least, it
will have unusual need of wisdom, and the lesson
offered by the character of the new Congress will have
an
effect upon the session of the present one next
own

winter.

What

shall be put aside, and
bear upon, the visible

homely

!—■

T

be brought to
facts; let there be short,
pithy, simple tracts distributed, which shall prove
that something cannot come of
nothing; take every
sensible way to show these men that the
present suffer¬
ing is universal, that the employer they denounce has
sense

perhaps been keeping them at a loss, that they are
blindly fighting themselves, and that better times are
just at hand if not driven away; that bad money is
their worst enemy, and the talk
they listen to is poisonous.
This is one thing to do; another is to
organize—
organize for the selection, and election, of sound and
honest men, not politicians, to the next
Congress. Every
district has some, but the regular caucus will never
nominate them.

itself.

A

should

be

fund

This

can

should

be
be

done, but it will not do
raised; personal efforts

abundant and hearty,
his work to the rest.
We have
this independent action
to

leaving
repeatedly urged

no

man

whereby men who will go
Washington expressly to serve the country’s good

shall

be

there, and we urge it now, as both
duty and the intere t of everybody who pays
for his own living.
Vivid, combined and energetic
action is needed to lift the
country out of the rut and
make sure that the hack
politicians, who are satisfied
with anything so long as
they can keep on top, do not
fritter away what has already been
paid for and compel
us to suffer the
past over again before we attain pros¬
perity.
sent

the

going to do about it ? How shall the
Stirrings of this blind Samson, easily misguided and
already feeling about for the pillars of the social temple,
be met? It is very unwise to assume that certain
things
will not be, merely because they ought not to be; or to
pooh-pooh this discontented talk as insignificant, because
THE MONETARY CONFERENCE AT
it is nonsense. It is a mistake to
PARIS.
persistently remain
The
session of the International
passive, in the belief that nothing but noise can come of
Monetary Conference
it; strength without knowledge is dangerous, and a opened in Paris Saturday last, August 10. The dis¬
movement which is destructive and comes short of suc¬
patches state that M. L6on Say; was elected president on
cess may yet
work vast mischief by being obstructive. the motion of the Hon. Reuben E. Fenton. After the
We do not urge resistance because we fear its success in nomination of secretaries and
the delivery of a short
overturning everything, but because it is the one obsta¬ address of welcome by the president, Mr. Fenton
briefly
cle to resumption and business revival and
may thus explained the objects of the Conference.
He thanked
become enormously costly in wasted time. Let it be the Powers who
responded to the appeal of the* United
distinctly understood that we do not urge resisting it as States, and hoped the distinguished men taking part in
threatening to run amuck against capital, nor do we the Conference would facilitate the accomplishment of a
address ourselves to capitalists, but to all men who have work which would further the
pacific interests of the
an interest in maintaining
stability and good govern¬ world. Several members not having yet arrived, the
ment.
Conference adjourned to August 16.
Here is the point: financial and industrial health
Thus has opened this
important Conference, and we
ought to be outside of political struggles, but they are look with much hope to the results of its deliberations.
not, because government has usurped control over them London dispatches of a week ago confirmed the
report
and the thorough politician finds his most useful
weapon that the British Government had decided to send a rep¬
in that fact. Neither party is a unit, or can be trusted
resentative; also stating that an inquiry had been made
as such,
in
the House of Commons, “
these
upon
vital questions; whether the dis¬
whether, now that the
contented greenback element becomes a third
party “United States have made silver a legal-tender, the
or not,
the present danger is that it may succeed
Government would consider the
possibility of establish¬
in putting a number of such fellows,
partly lunatic ing equivalent silver coinage in the great silver-using
and partly demagogue, into the next Congress as
dependencies of the kingdom.” We wish the represen¬
to
make it
worse
than this one, whereas the tation from this
country could have been a little different,
need is imperative that it be better. To trust to the and yet it is rather better than was that of
the Congres¬
hack politicians and the old machinery, is
sional
Commission
on
simply to
Silver, two years ago. It is not,
abandon all effort and leave the future to the interven¬ however, a selection of
experts, and does not represent as
tion of Providence. The thing to be done is, to ensure well as the
country had a right to expect the best,although
the failure of these dangerous attempts, by
it
may the average, degree of financial attainments in the
raising the
character of the Congress to be chosen this
coming United States.
autumu.
It is useless to distribute books on
The chairmanship is held
political
by Mr. Fenton of this State,
economy, which will go unread; or to print truth in to whose confirmation considerable resistance was
made,
newspapers which the ignorant voter never sees. But on the ground that he is not in harmony with the
object
give simple common sense its day; reach these men by intended; he is said to have expressed himself in favor
men of their own class; let each
employer take in hand of the single gold standard, but, as far as generally
some workman of influence and
patiently show him the known, he has given the subject but little attention.
fallacies they are following, thus
making him an orator His unfitness, therefore, is the negative one of the lack
on the right side; let there be
meetings, at which books of fitness, and the misfortune of his appointment is that



are we

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“

162
he is in

THE
no sense

a

representative man,

CHRONICLE.

or even a student

fVcL XXVII.

and usefulness of

the

association,
Subjoined is Mr,
finance, and cannot carry the weight which this coun¬ Mitchell’s letter:
^
try should have in a commission suggested by it and of
Milwaukee, Wis., August 13, 1S78.
George S. Coe, Esq., Chairman, dbc., New York;
importance to it.
My Dear Sir:—I have to
acknowledge the receipt of your favor of the 9th
The second member, Mr. Groesbeck of
inet., informing me of the honor done
by the American Bankers’ Associa¬
Ohio, was tion in electing me to the office of
President of the association.
accepted with but slight demur on the part of the silver The announcement took me
wholly by surprise. My public and private
men in the
Senate; he was a member, as an expert, of engagements are already so numerous and pressing, that, while sympathizing
with the
in

me

objects of your members, I did not find the time at
my command to
be present at the recent convention.
And, for the same reason, I should feel
justified in declining the honor intended me but for
the unanimity with which
the choice was made, and the be ief
that the expressions of confidence con"
tained in your letter are a reflex of the
sentiments of the association at
large.
The numbers and character of the
convention, coming from every section of
the Union, and
representing, as they may be said to have done, almost the
entire moneyed interest of the
nation, entitle its deliberations and its wishes
to the utmost respect. It was an embodiment of the financial

the

Congressional Commission, and has delivered several
addresses on the subject,
notably before the Bankers’
Convention here in September last. The
only objection

to him lies in the rather

excessive

positiveness of his
bi-metallism. He favored the Silver bill,
and in one of his
recent addresses he
pronounced this country “ strong
“
enough to maintain any policy intrinsically sound and
“
just,” and hinted that the Conference to which he is
now
“

“

accredited

might

or

should confine itself

single recommendations
embarrassment.”
General Francis A.

known

as

that

can

be

“ to

a

intelligence of

the country.

Viewing it in this light, and having the highest opinion of the patriotism of
association, I do not feel at liberty to decline the honor of

the motives of the

presiding over its deliberations. I accept it—not
what might be deemed a public
duty, but with a
the sentiments of personal esteem which

few

adopted without

merely

as

in compliance with

cordiality which responds to

you assure me are entertained for

by the members of your association.
Be pleased to accept for yourself
my sincere thanks for the kind and
friendly
manner in which you have communicated
to me the wishes of the association.
I am, very respectfully, your obedient
servant,
me

Walker, the third member, is well

an

economist, a student of and writer on
Alex. Mitchell.
monetary science, and a professor in a college; yet the
The official report of the
opposition in the Senate at first made to his name was
proceedings of the conven¬
tion is voluminous, and seems to be of universal
on the ground of
interest.
his supposed hostility to silver. On
the contrary, he is a
very cautious and moderate advo¬
fPrrtmlavij i ©nmmcvciul English Hews
cate of
bi-metallism, and his appointment is* a highly fit R4TKSOF
IS1CHANUE if LONDON AND ON LONDON
one, so much so that very much of the
AT LATEST DATES.
weight this
country carries in the Conference by its representatives
EXCHANGE AT LONDONAUGUST 2.
EXCHANGE ON LONDON.
will come
through him. His view of the silver question
LATEST
in Europe is that it is
OH—
TIMS.
RATE.
DATE.
TIME.
largely political. Quoting, in his
RATE.
recent excellent treatise on
Paris
short.
25.12%
&25.22% Aug. 2. short.
25.14
money, M. Cernuschi’s in¬ Paris
3 months. 25.2?%@25.85
genious statement of the compensatory action claimed Berlin
20.53 @20.62
short.
Aug. 2.
20.40
Hamburg
20.53 @20.62
3 mos.
for bi-metallic
20.39
Frankfort
20.58 @20.62
short.
coinage—substantially that “the scarce Antwerp
20.39
“
25.35 @25.40
25.15
metal, if not in demand, will not rise in price, and the Amsterdam.
short.
12.1
@12.2
12.05
“
Amsterdam.
3 months. 12.3% @12.4
abundant metal, if active demand
11.70 @11.75
Aug. 2. 3 mos.
springs up, cannot Vienna
115.60
“
Genoa.
27.60 @27.65
27; 10
fall”—Professor Walker admits the
Milan
27.60
of law
ft

II

I*

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CC

C 4

K

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•

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44

power

over

value within moderate limits.
The sole purpose of the Conference is
for “ establish“

ing internationally the use of bi-metallic money
“
and securing fixity
of the relative value between the
metals.” Its doings are to be
reported to the Presi¬
dent, and by him to Congress. As was earnestly and
unavailingly urged upon Congress, last winter, steps of
this sort ought to have
preceded and governed remoneti¬
zation here, and the Silver bill should have
contained
merely the section which provides for these steps. Had
“

the silver mania been less
powerful, this country could
have initiated an international conference with far
better
prospects of influence and success for its views; but now

precipitate action has put us in the position of seeming
to seek aid in
getting out of a difficulty, for the hardheaded European will be
likely to reflect that if we do
not feel
strong enough to go alone, we ought not to have
started off alone in such needless
haste, and if we do feel
strong enough to go alone we should not halt for com¬
pany. Of course, the inconsistency and weakness of
first committing ourselves
by action and then proposing
consultation are evident;
nevertheless, the importance of
international agreement on the
subject is such that the

II

1C

Cadiz

@27.65

cc

ct
Madrid
Lisbon
90 days.
St. Petersburg. 3 months.
New York
Rio de Janeho.

•

m

....

m

*,

47* @47%
51%@52
25% @25 3-16

duly 20
•

Trinidad
60

days.
4
C

Hong Kong...

Shanghai

Alexandria

Aug. 1.

•

•

our own

CC

•

•

•

•

days.
days.
CC

CC
44

6 mos.
CC

*4

1
LFrom

•

CC

July 31.

•

....

•

26%

mos.

CC

....

•

..

is. 8 1-16c?.
Is. 8 1-16d.

•

48*45

mos
•

3
60
90

Jane 14.
•June 17.
June 24.
J uly 8.

Penang

Bombay

3

.

June 24.

»

Batavia

Calcutta

•

Aug. 2.

c

Valparaiso

•

July 30.

*

-

CC

47%@17%

.

....

•

CC

3 mos.

4.83

24%
40%
12.7% @12.15
2 s. 11% d.
4,75@4.S3 per £
Is. 8 7-’.6c?.
Is. 8 7-ltic?.
3s. 10% c?.
5s. 3%c?.
97

correspondent.]

London, Saturday, Aug. 3, 1878.

The directors of the Bank of
Engl ind have this week raised
their rate of disc mnt to 4
per cent, and the state of the Bank
account shows that such a
change was necessary. The reserve
of the Bank of England is now
only

£3 903,407, and its

tion to the liabilities of the
per cent.
and it is

propor¬

establishment has declined to 34*46
The position of affairs has led to some little
anxiety,

quite certain that should any demand for gold arise
necessitate further withdrawals from the
Bank, a
further advance will be made. The firmness of the
money market
has, however, already had the effect of checking Stock
Exchange
speculation, and since the increase has been made, the exchanges
have become more favorable to this
country. Trade, although
the prospect is more
encouraging, is still very quiet, and the
complaints are still great as to the scarcity of mercantile
paper.
There are hopes, therefore, that the
position of affairs will
improve, more especially as wheat is quoted at a low price, and
action of the Conference will be awaited
with the live¬ is costing us comparatively little. Throughout the week, there
has been an active demand for loans, and a
liest interest..
considerably higher
price has been charged; but for discount purposes, there has
been only a moderate inquiry.
During the last two days, the
AMERICAN BANKERS' ASSOCIATION
demand has, however, perceptibly
diminished, which is partly due
At the convention of the American Bankers’
Associa¬ to the fact that the settlement on the Stock
Exchange has been
tion, held last week at Saratoga, the Hon. Alexander completed. Speculation will now be conducted
with caution, as
Mitchell, of. Milwaukee, Wis., was unanimously elected any material increase in the value of money would produce some
President of the association for the
coming year. Yes¬ difficulty if it should be carried beyond legitimate bounds. The
prices of money are now as follows: ;
terday a letter of acceptance was
which would

.

read, with interest

received, which will be

by the banks and bankers

who

Bank rate

are

laboring throughout the country to extend the influence




O^en-marketrates:
30 and 60 days’ bills
3

months’bills..,

Per cent. ]
4
|

I

3%a

..

3%@

..

1

i

Open-market rates:
4 months’ bank. bills

Per cent.

3%@4

6 months1 bank bills
33$@4
4 and 6 months’ trade hills. 4 @5

August

THE CHRONICLE.

17, 1878.]

The
rates

joint-stock banks and discount houses have increased their
of interest for deposits fully one-half percent.
The quota¬

tions

are as

Joint-stocK banks
Discount houses at call
Discount nouses with 7 days’ notice
Discount houses with 14 days’ notice

Per cent.
3
3

..:

3#
31$

;

showing the present position of the
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’s Mule twist, fair second quality, and
the Bankers’ Clearing House return, compared with the four
previous years:
a

statement

Bank of

1S74.
£

Circulation, excluding

bank post bills
Public deposits

1876.

1875.
£

1877.
£

£

28,685,877
15,70^,325
16,896,302

14f74%lll

19,621,201

12,933,171

8,903,407

28,667,111

33,553,181

26,741,531

21,960,422

5,303,493

13,593.459
17,605,969

9,028,074

both departments
21,539,939
Proportion of reserve

Coin

and

bullion

in
...

to liabilities.
Bank-rate
Consols

£

28.347,702
3,567,542
21,977,431
16,180,685
18,665,658

28,931,950

3,574,749
2 i, 161,354
13,887,902
18,481,650

coin

1878.

28,758.360
5,369,651
23,079,821
15,240,605
18,445,792

28,926,970

27,331,865
3,243,840
18,803,847

Other securities
Reserve of notes and

Redm.
Baltimore & Potomac (Main Line) 1st mort, 6s.l91l
do
(Tunnel) 1st mortgage, 6s.

(gnar. by Pennsylvania & No. CenLRailways). 1911

follows:

Annexed is

163

34-46
4 p. c.

92%

...

English wheat,av.price
Mia. Upland cotton...
No. 40’s mule twist,fair

593. 8d.

2% p. c.
94%

2 p. c.

2 p. c.

96%

51s. Od.

47s. 5d.
5 11—16d.

95%
64s. 6d.
6 3-16d.

7d.

4

D. c.

95

44s. Id.

Burl. Cedar Rap. & No. RR. of Iowa, 1st mort
Central of New Jersey shares
Do
cons, mort., 7s
1899
Do
ex funded coops, from April 1,1817,
to

Chicago Burl.& Quincy sinking fund bonds, 5s
Detroit & Milwaukee 1st mortgage, 7s...
Do
2d mortgage, 8s

...

1875
1875

•

Do reconstruction trustees’
Do
do

assessm’t, $5 paid..
do
$4 paid...

Do reconstruction trustees’ assessm’t, $3 paid...
Do
do
$2 paid...
Do convertible gold bonds, 7s
1904

Galveston & Harrisburg, 1st mortgage, 6s
1911
Illinois Central, $100 shares
Do
Bonds, 6s, 1st M. Chic. & Spr gf..l898

Lehigh Valley, consolidated mortgage, 6s

1923

Marietta & Cin. Railway, 1st mort., guar., 7s. 1891
Missouri Kansas & Texas, 1st mort., guar, gold

bonds, English, 7s

19C4

New York Central & Hud. Riv. mort. b’ds, 7s
New York Central $100 shares

Oregon & California, 1st mort., 7s
do Frankfort Commit’e Receipts,
Pennsylvania, $50 shares
Do.
Do.

...
.

1890
x coup

1st mort., 6s
con3ol. sinx’g

The debate

on

88

@ 90
@ 75
@ 38

70
36
90

@ 92

74

Central Pacific of California, 1st mort., 6s.....1896
Do Califor.& Oregon Div.lst mort.gld.bds,6s. 1892
Do Land grant bonds, 6s
1890

6%d.

Is. 0%d.
lid.
lOd.
10%d.
9%
Clearing House return. 126,023,000 114,0*3,COO 103,560,t00 103,895,000 108,672,000

July 1. 1879, invasive

July 27.
@ 92

90

1880

fund mort. 68
1905
the Eastern Question was

@ 76
@109
94 @ 97
98 @100
96 @ 98
103 @105
45 @ 50
108

45

@ 50

17%@ 18
22 @ 24
21 @ 22
33 @ 34
35 @ 37
34%@ 85%
•

•

•

© 92

88

@ 90

70 @ 75
38 %@ 39%
89 @ 91
74
108
94
98
96
103
45
45

@ 76
@109
@ 97
@ 99
@ 98
@105
@ 50
@ 50

18%@ 18%
@ 25
22 @ 23
33%@ 34%
36 @ 33
35%@ 36%
23

....@
© 64
@ 87
85%@ 86%
103 @105
....

62
86

@ 63
@ 88

87%@ 86%
@105
@101
,@....

103
99

....

42

Aug. 3.
90

@ 44

!?0%@12l%
111 @113
35 @ 40
33 @ 35
33 @ 34
101 @103
y7 @98

63
85

99

@101

....(©

....

41 @ 43 '
120%@121%
111 @113
35 © 40
34
33
101
97

© 36
@ 34
@103
@ 98

completed this

morn¬

The imports of gold have been trifling, and they have been ing, the Government obtaining a majority of 143 votes. The
Eastern Question will now probably cease to be a cause of disturb¬
quickly absorbed by the export demand, which is for Spain as
ance, and perhaps the country will re-echo Sir Stafford Northwell as France.
The silver market has been somewhat firmer,
cote’s words that instead of increasing our responsibilities we
but in the value of Mexican dollars a slight fall has taken place.
have simply recognized them.
There was, he added, no great
The following prices of bullion are from Messrs. Pixley & Abell’s
about
mystery
the
kind
of
reforms
needed. The revenue, the
circular:
judicial system, and the po’ice, were the departments which
GOLD.
8.
d.
s. d.
Bar Gold, fine
77 10 @
would have to be dealt with, and, disclaiming all rivalry or
per oz. standard.
Bar Gold, refinable
78 0 @
per oz. standard.
selfish
objects, they hoped to have the CDncurrence of the other
74 6 @ 74 9
Spanish Doubloons
per oz., nominal.
South American Doubloons
73 9 @73 10
p3r oz.
Powers,
and the support of their own country. It is expected
United States Gold Coin...
<6 5%©
per oz.
German gold coin
that Parliament will be prorogued on the 17th inst.
per oz. 76 3%@
.

..

....

....

....

d.
52%

SILVER.

Silver, finev
Bar Silver, con’ng 5 grs. Gold
Bar

Mexican Dollars

per oz. standard nearest.
peroz. standard nearest.
.per oz. last price.
peroz.

d.

_

Harvest work is

53%

@

51%

@

Although
....

in progress,

and the reports are favorable.
limited supplies of English wheat are offeringf

_

now

very
the trade is dull and former

with difficulty supported.
importations are upon a fairly liberal scale, and, in view of
The usual amount of India Council bills was offered at the a good harvest, millers are only buying from hand-to-mouth.
Bank of England on Wednesday, and the price realized was Is. From the present low prices
an important reduction is scarcely
8 1-I6d. the rupee.
possible.
'Annexed are the current rates of discount at the
During the week ended July 27, the sales of home-grown wheat
principal
in the 150 principal markets of England and Wales amounted to
foreign markets
Bank Open
Bank Open
26,432 quarters, against 21,134 quarters last year; and it is esti¬
rate, mark’t.
rate, mark’t.
p. c.
p. c.
mated that in the whole Kingdom they were about • 106,000
p. c.
p. c.
Pans
St. Petersburg
6
VA
4 @5
Brussels
Vienna and Trieste...
3% 3%
quarters, against 84,600 quarters. Since harvest, tli6 sales in the
4% 4%@4%
Amsterdam
3% 3%
Madrid,Cadiz and Bar¬
150 principal markets have amounted to 1,847,274 quarters,
Berlin
3
4
celona
6@7
Lisbon and Oporto....
Hamburg
4
2%@3
6@7
against 1,942,085 quarters ; and it is computed that in the whole
Frankfort
4
3%@3% New York
3@4
Calcutta
Leipzig
4
'.
Kingdom they have been 7,389,100 quarters, against 7,768,400
Genoa....,
5
5*
Copenhagen
quarters in the corresponding period of last season. Without
Geneva
4
4
A limited amount of business has been in progress on the Stock reckoning the supplies furnished ex-granary at the commencement
of the season, it is estimated that the following quantities of
Exchange durmg the week, and, on the whole, rather a dull tone
wheat and flour have been placed upon the British markets since
has prevailed.
Egyptian stocks have declined in price, owing to harvest
:
realizations, but the market for British railway shares has been
1877-8.
1875-6.
1876-7.
1874-5.
Five Franc Pieces

Quicksilver, £7 0s. Od.

Discount. 3

per

..

.©....

cent.

prices

are

Our

...

rather firm. For American Government securities the market
has been firm, and prices have been steadily supported ; but the
value of railroad bonds has had a downward tendency.
Annexed

are

the

closing prices of Consols and the principal

American securities at

to-day’s market, compared with those of

cwtu

Sales of

Consols
United States 6?
Do
5-20s.,

Do
Do

188!
1885

1867, 6s
funded, 5s....
10-40s,6s
funded, 4%s
4s

t

Louisiana Levee, 8s
Do

r

„

5s
5s
5s
5s
5s

1891

106%@107%

1907

102

1888
1894
1900
1889
1891
1895

Virginia stock 5s
Do
Do

6s...
New funded 6s

95% ©95 V
109 @110
103 @105

108%@109
111 @112

1875

;

Jnly27.

1887
1881
1904

6s

Massachusetts 5s
Do
Do
Do
Do
Do

.1905

107%@108%

42
42
106
108
107
106
106

@104
@52
© 52

@108
@110
@109
@108
@108
107 @109
28 @32
25 @30
57 @59

Aug. 3.
....@
109 @110
103 @105

....

106%@10?%
108%@108%
111

@112

106%@107%

102
42
42
105
106
106
105
105
106
28
25
57

@104
@ 52
@ 52
@107
@108
@108
@107
@107
@108
@ 32
@ 30
@ 59

AMERICAN DOLLAR BONDS AND SHARES.

Albany & Susquehanna cons. mort. 7s. Nos.501
to 1,500,inclusive,guar.byDel.&Hud.CanaL. 1906
Atlantic & Great Western 1st M., $1,000, 7s... 1902
Do
2d mort., $1,000,7s..1902
Do
8d mort., $1,000
1902
Do
Do
Do

1st mort. Trustees’certificates
2d
do
do
3d
do
do
*

....

...

Atlantic Mississippi & Ohio, Con. mort., 7s... .1905
do
Committee of Bondholders' ctfs




cwt.

50,648,169
5,779,905
34,678,100

38,287,395
6,112,438
46,067,600

Total..

.90,676,752
1,585,772

80,536,191
819,449

91,106,174
893,640

90,467,433
262,959

69,090,980

79,716,742

90,212,534

90,202,474

50s. 5d.

53s. 9d.

45s. lid.

43a. lOd.

.

Result
Redm.

Do

cwt.

40,369,927
6,203,964
33,962,300

home-grown produce

Exports of wheat and flour....

Saturday last:

Do
Do

cwt.

51,092,207
7,564,545
32,020,003

Imports of wheat
Imports of flour

Aver, price of Eng. wheat for season

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.

Wheat’

cwt.

Barley
Oats

Peas
Beaus

@101
@ 30

Flour

28
10 @10%
5%@ 6%
29 @31
10

@ 12

5%@ 6%
30 @ 82
30 @32

@101
28 @ 30
9 @ 11
5%@ 6%
29 @ 31
10 © 12
5%@ 6%
30 @ 32
30

@ 32

1875-6.

1874-5.

40.369,927

50,648,169
7,811,940
11,502,637
1,360,<148
2,715,170
27,702,943
5,776 905

33,287,395
12,445,456

12,186,563

11,027,027
1.251,755
4,17G,522
.

31,673.900
6,203,964

EXPORTS.

Wheat

cwt.

Barley

99

1876-7.

51,092,207
13,2*3,926
11,318,928
1,677,370
2,624,728
34.099,192
7,564,545

Indian Corn

Oats
99

1877-8.

Peas

Beans
Indian Corn
Flour

1,500,326
62,484
'
111,048 '
19,801
19,560

.

227,263
85,446

772,716
49.978
85,995
22,693
31.540
490,733
46,733

9,827,186
1,754,169
2,723,296
15,101,370
6,112,438

v

863,524
23,902
356,300
38,465
10.118
48,595
80,166

206,167
187,450
78,818
18,622
2,657
46,481
56,792

During the five weeks ended July 31, which comprise the
July and a few days of June, the clearing house returns
reached a total of as much as £556,049,000, against £508,883,000
whole of

164

THE CHRONICLE.

|Vou XXVII.

in the

corresponding period of last year. The increase is there¬
fore £47,166,000.
In the same
period, the imports of gold were
£1,061,199, against
an
export of £2,516,953,
showing a loss of about £1,500,000.
The imports of silver were
£908,238 and the

Previously reported ($4,030,637 silver,
Total since Jan. 1, 1878
Same time In—

$22,313,415
.

pool for the past week have been reported
by cable,
the following summary:
London

Money and Stock Market.—The directors
England, at their meeting on

of

count at 5 per

Monday, fixed

cent,

increase of 1 per cent.
The bullion in the Bank
has decreased

18.3.

sat.
..

Moo.

94 9-16
94 13-16

..106%

U. 8.10-408
58 of 1881

of the

the

1872

The

in

been

Bank
of dis.

rate

Ill

Tues.

94%
94%

94%

105%

105%

94 11--16
94 13-16
106

110%

110%

94 13-16

110%

1G7%
,.107%
.106%

Thar.

107%

107%

106%

107%
106%

106%

Liverpool Ootton Market.—See special

Total since Jan. 1, 1878

1(8

107%

1876

105%

1875

s.

6

(Red winter)
“
9
(Av. Cal. white).. “ 10
“
<C. White club)... “ 10
Corn (new W. mix.)
$ quar. 22
Peas (Canadian) # quarter. 33
44

0

25
9

6

9

2

10
10

5

9

21
33

9

d
6
0
6
2
5
0
9

Wed.

d.

8.

26

0
0
6
2

9
9

10
to
23

5

0
9

33

Thur.

d.

8.

d.

s.

26

0

9
9
10
10
23
33

0

9

0

9

6
2
5
0
9

9
10

6
2
5
0
9

9
10
10
23
34

25

0

10

23
33

26

Beef (prime mess)
73
V tc.
Pork (W’t. mess).
bbl 49
Bacon(Pgcl. in.).
# CWl 32
...

...

44
Lard (American).
Cheese (Am. fine):new “

39
43

6
0
G
0

73
49
32
39

6
0
6

6

43

Tuee.

d.

8.

Wed.
d.

Thur.
8.

d.

74
49
31
•c9
44

0

8.

6

0
0

s.

(fine)

0
6

0

74
49
82
33

9

74
49
33
39

6

43

6

44

0

Petroleum(reflned)....# gal
*

(spirits)

TallowfprimeCity)..$

Spirits turpentine

Tues.

d.

s.

d.

8.

d.

9
0

4

9
0

4

10

10

9
0

4

“

10

9%
7%

n

cwt. 37
“
23

3
0

37
23

9\
7^
3
0

Mon.
£. s. d.
8 10 0
50 6

8ugar(No.l2 D’ch std)
on

spot, # cwt

23
8permoil
# tun..69 0
Whale oil
“
.35 0
Linseed oil....# ton .28 15

3
0
0
0

23
69 0
35 0
28 15

C
0
0
0
0

Wed.
d.

8.

4

9

10

0

9%
7%
37
23

3
0

Tues.
£ s. d.
8 10
50

3
0
0
0

u

Fri.
d.

74
49
34
38
44

0
6
0
0

Tnar.
8.

4
10

9%
7%

37
22

3
9

8.

9
0

4
10

37

3

37

22

9

•42

23
69 0
35 0
28 15

0
6
3
0
0
0

Wed.
£,s. d.
8 10
50

23
69 0
35 0
28 15

Thur.
£ s. d.

0
6

8 10
iO

3

0

6

69
35

0

3
0
0

28 10

0

28 10

0

35

0

23
0

24

485,000

15.
76

340,000

510 890 43

213,000

471,562 03

283,000

9.824,531

4.866.850

1867

1,743,560

0

90
98 ',461 63
523,852 30
630 161 71
620,072 55
556,714 54

508,810 85

$2,045,0)0 $2,947,687

,

$1,59S,542

321,381 40

91

$4,923,805

92

122,612,811 25
121,671,465 74

48,213,324
49,205,621

65

Treasury have been
Payments.

,

Coin.
;

$1,088,478 08

$400,642 76

517.893 91

939,139
479,529
803,148
428,044
881,704

49
57
55
39
27

$3,932,509

03

426,417 09

1,039,222

03

477,098 63
259,9.3 68

$3,839,053

—*

Currency.

42

55

dividend of three and one-half
per cent on both the
preferred
and common stock of the
company, payable on and after Septem¬
ber 4, at the office of the
Agents of the

Paton & Co.,52 William street.
20, and re-open Septembir 5.

0
0

$7,425,207
7.522,430

1869
186S

give particular attention to adjusting the
indebtedness of the counties, cities and
townships in Missouri
with their bondholders,
being represented in each county, town¬
ship and city where it is necessary.
—The
Chicago & Alton Railroad Company has declared a

Frl.
£ 8. d.

3

in—

Louis, whose card will be
found in our
advertising columns, are dealers in Western securi¬
ties and
investments, especially in St. Louis and Missouri securi¬
ties.
They also

3
9

0
G

$1,630,850 gold)...$14,209,773

Same time
1871...
1870

Currency.

550,177 86

$58,694
14,151,079

—Messrs. P. F. Keleher & Co., of St.

9%
7%

0
0

69

$574,835

376.000

,

9

23

0
0

$348,000

Balance, Aug. 16

0

8 10
50

and

Receipts
Coin.

13
h......

Total

d.

9%
7%

10
12

Balance. Aug.

0
0
6
6
0

Fri.

d.

London Produce and Oil Markets.—
sat.
£ s. d.
Lins'd c’ke(obi). # tc. 8 10 0
Linseed (Cal.) # quar.
50 G

H

8.

Liverpool Produce Market.—
Rosin (common)... $ cwt..
44

Aug.

it

8.

3,140,451

2,9G4,7o3
2,819.669

Customs.

II

Mon.
d.

d.

8.

2,767

and $4,689,369 gold)

follows:

as

0
0
4
3

Liverpool Provisions Market.—
Sat.

Airier, silver
Silver bars

The transactions for the
week at the Sub

Fri.

d.

8.

2,854,680
8.137,570

1874
1873
1872

report of cotton.

Tues.

d.

s.

$7,786,313

10
7
6 216
930
40,373

.

Amer. gold
Amer. silver
Amer. gold

St. Thomas
Vera Cruz

($9,518,923 silver,

$513
7,843

Amer. silver

Foreign gold..-..

Same time in1877.

have

Amer. gold.....';.

.

.

($9,461,719 silver,

Liverpool Breadstujfs Market.—
Flour (extra Siate)
#bbl 25
Wheat (R. W.
spring).# ctl 9
“

same periods

Total for the week
($57,234 silver, and $1,490
gold)
Previously reported

95%

.05%

during the

...Colon..;

...

Aug. 9—Str. Bahama

106%

107%
X

at this port

39 2 6.638

52,0)5,131

:

Aug. 10—Mr City of Merida

94 15-16

95

106%
x!08%

$52,877,858
24,220,964
63,233,187

„

Fri.

94 13-16

follows

Aug. 8—Str. Andes

£97,000 during the

Wed.

imports of specie

as

*9^423^7X9
42.999 445

Aug. 5—Brig M. M. Williams...Ciudad
Bolivar
Aug. 8—Brig Tula
BeLze

an

week.

;..

showD

as

|

Same time in—
1871

33.285,882 J 1870
60.810,167 |1869..
39,641,425 11868
39,329,248 1867
55,820,441 1 1836

1815

Bullish Market tteports—Per
Cable.
The lally closing quotations in the
markets of London and Liver¬

9,315,817

($4,168,639 silver, and $5,255,140 gold)....
r

187b

exports £976,011.

and $5,255,140 gold)..

—The

Mariposa Land

assessment

of

$1

per

&

share

company, Messrs.

The transfer books close

Jesup,
August

Mining Company lias levied

on

the preferred and

common

an

stock

of the
company, payable on or before
York office, after which date it will be August 12, at the New
delinquent and liable Lo a
charge of $3 on each certificate for expenses.

—Messrs. Peck, Gilbert & Co.

Conxwcxxml and DtXisccXXaucuxxs % exos.
Imports

Exports for the Week.—The inmorts
last
week showed an increase in
dry goods and a decrease in general
merchandise.
The total imports were
638, against
$5,967,036 the preceding week and $4,989,659$5,838
two weeks pre¬
vious.
The exports for the week ended
Aug. 13, amounted to
$6,636,776, against $6,241,967 last week and
$7,460,868 the
and

vious week.

pre¬
at New York tor

The

following are the imports
ending (for dry goods) Aug. 8 and for the week
ending
•(for genera) merchandise) Aug. 9:
week

FOREIGN IMPORTS AT NEW YORK
FOR THK

Drygoods

;.

General merchandise...

1875.

1876.

$4,037,731

$2,035,410

4,808,236

Total for the week.
$8,843,937
Previously reported.... 211,690,827

3,675,305

$5,760,715
179,753,9 )2

are
conducting business in stocks
and bonds at 16 Broad
street.
An important feature of
their
business is dealing in speculative stocks on
3 to 5 per cent mar¬

gins.
to

1877.

1878

$2,165,5->3

$2,161,125
3,677,5:3

2,875,333

$5,040,919
203,474,093

$5,833,633

169:725,903

Aug. 13:

The

rapid calling in of the Five-Twenties of 1865 by the Govern¬
ment, and the fact that tlie Five-Twenties of 1867, of which there

three hundred millions
outstanding in the hands of
investors, come next in order, is causing a general
inquiry among
the holders of these bonds as to which
issue of

For the week

Previously reported....

$5,217,651
148,277.999

1873.

$5,918,086
154,171,765

1877.

$4,477,517
160,410,308

1878.

$6,636 7*9

203,296,650

Since Jan. 1........
$153,495,650

$160,089,851 $164,8?8,355 $209,933,426
The following will show the
exports of specie from the port of
New York for the week
ending Aug. 10, 1878, and also a com¬
parison of the total since Jan. 1, 1878, with the
corresponding
totals for several previous
years:
Aug. 8—Str. Pommerania
London
Am. sll.%-% dols.
$10,000
Aug.-10—Schr. Carrie Bonuell ...Porto Plata
Mex. silver dels..
300
Aug, 10—Str. Neckar
Southampton
Amer.
silver bars.
Mex. silver bars..
Mex. silver dols..

Total for the week ($77,952
silver, and




gold)

over

Securities

Government

they shall select in making

realize the present premium.

an

exchange while they

can

The desirable bonds for investment
and
and

are the 44
Fours,” 44 Four*
a-lialfs,” “Fives,”- 44Ten-Forties,” 44 Sixes of 188.” (second
third series) and 44
Currency Sixes.”

In addition^ this demand from
holders of
is

a

large demand from

new

investors

more

Five-Twenties, there
wide-spread than for

many years.

EXPORTS FROM NEW YORK FOR
THK WBEK.

1875.

parties desiring

Wliat Shall We Do With Our
Five-Twenties?

Since Jan. 1

.$220,534,764 $135,514,617
$203,515,0.2 $175,564,546
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

to

BANKING AND FINANCIAL.

are

WEEK.

They offer to give first-class references
through them.

operate

25,000

38,552
4,100

$77,952

We, therefore, naturally look for a gradual advance in the
prices of the issues which are most desirable.
We have just published the fifth edition of our 44
Memoranda
Concerning Government Bonds,”
designed to answer ail ques^
tions in regard to these
securities, and to give full information
to intending investors as to the
probable time for which the
different issues may be expected to
run, their relative desira¬
bility for investment, &c., copies of which can be had on appli¬
cation at our office, or will be sent bv jnail to
any address.
FISK & HATCH,
BANKERS AND DEALERS IN GOVERNMENT

No. 5 Nassau St., New York.

BONDS,

THE CHRONICLE.

17, 1878.J

August

Registered bonds: $100, Nos. 18,651 to 18,750, both inclusive; $500„

IIxjc ga whets' (Gazette.

Nos. 10,801 to 10,950, both inclusive; $1,000, Nos. 36,551 to 36,900,
both inclusive; $5,000, Nos, 10,601 to 10,900, both inclusive; $10,000,
Nos. 20,901 to 21,300, both inclusive. Total registered bonds, $2,500,000..

organized during the past week.

No National Banks

D I V I D E N D 8

Aggregate, $5,000,000.

The sixty-eighth call, for $5,000,000, will be issued to morrow".
Closing prices at the N. Y. Board have been as follows:

.

The following dividends have recently been announced:
Per

When
Payable

Cent.

Name or Company.

Interest
Period

Books Closed.

(Days inclusive.)

Railroad.

Chicago & Alton, pruf. and common

3X

Sept. 4.

Sterling Fire

5

On

Aug. 21 to Sept. 4

Insurance.

nem.

FRIDAY, AUGUST 16, 1878-5 F. ML.
week

The Money Market and Financial Situation.—The

lias been a very quiet one in financial circles,
been no more exciting topics for discussion than

and there have
the advance to 5
per cent in the Bank of England rate, and the probable out-turn
of our Western wheat crop.
The crop year for grain ends with
July 31, and the gross receipts of flour and each sort of grain at
the eight Northwestern cities, St. Louis, Peoria, Chicago,
Milwaukee, Duluth, Detroit, Toledo, and Cleveland, for the last
five crop years, were as
BbJs.

Flour...
Bush.
Wheat..
Corn...
Oats

Barley..
Itye

follows:

1877-78.

1876-77.

1875-76.

1874-75.

1873-74.

5,949,054

4,892,534

5,343,669

5,327,843

6,309,895

77,492,228
87,603,769
26,972,598
9.409,741
4,036,126

39,684,510
81,646,506
21.691,654
8,492,032
2,897,878

66,287,202
62,903,020
28,489,340
7,657,037
2,227,166

65,820,727
46,966,218
22,591,127
5,472,498
1,227,649

82,947,396
62,818,017

Total.. .205,514,462

been

accepted for

furnishing

a

7,007,673
1,761,216

154,412,580 167,563,765 143,078,219 180,370,466

number of years by the Produce Exchanges

a general indication of the grain crops and move¬
ment in the Western States.
For the present year, 1878-9,
all accounts seem to agree that the total yield of wheat in the
United States, including California, will be largely in excess of
the heavy crop of 1877-8~ As to the Northwestern States, how¬
ever,

reports are still in conflict

as

6s, 1881
6s, 1881

to the injury done by storms

during harvest time.

Aug.

10.

12.

Aug.

Aug.

Aug.

Aug.

14.

15.

16.

13.

&
&
&
&
J. &
J. &,
J. &
J. &
M. & s.
M. & s.
Q- -Feb.
Q- Feb.

*107% *107ia *10713 1073s 10734 l107%
*107% 1075s *10713 *10758 *10758 107%
1023s *10238 *10238 1025s *102% 10258:
*1023g *1023g *10238 *10213 102% ‘102%
104% 1041*2 104% 105
105% T05%
1045s 1045s 1045g 104% 105% 105
*107
108
*10613 *10613 *106 34 *107
108
*107
*106% *107
107% T07%
*106% *1061*2 *10638 IO6I3 106% 106%
*109
*10918 *109
1091s *109%i 109%
IO6I4 lOOH 106ie *106% 10038! 106%
10614 106
1061s 106% 1063s1 106%
Q- -Mar. x03% *10358 1035s 10334 1037q *10334
Q.- •Mar. *104% 10434 104% *10434 104V 104%
Q-* Jan. *1005s *10058 *10058 100% *100%| 100%
Jan. *1005s *1005s 100% 100% 100% '100%
& J. 120% *U2013 I2OI3 120
*119%) 120

6s, 5-20s,
6s, 5-20s,
6s, 5-20s, 1867...reg.
6s, 5-20s, 1867 .coup.
6s, 5-20s, 1868...reg.
6s, 5-20s, 1868 .coup.
5s, 10-40s
reg.
5s, 10-40s
coup.
5s, fund., 1881...reg.
5s, fund., 1881..coup.
4%s, 1891
reg.
4%S, 1891
coup.
4s, 1907
reg.
4s, 1907
coup.
6s, cur’ey, ’95-99 .reg. i
*
This is the price bid;

-

f:

sale

no

was

made at the Board.

The range in prices since Jan. 1, 1878, and the amount of
class of bonds outstanding Aug. 1, 1878, were as follows:
Range since Jan. 1, 1878.
Lowest.

Highest.

6s,5-20s,’05.cp. 102% July 22
6s, 5-20s,’67.cp. 104% Aug. 12
6s, 5-20s,’6S.cp. 1063i Jau. 2
5s, 10-40s... cp. 103% Mcli. 1
5s,fund.,’81.cp. 10234 Feb. 25
4%s, 1891 ..cp. 101% Mch. 1
4s, 1907
cp. 100% July 1

Registered.
$196,009,550

$86,726,800-

51,129,900

50.668.500
202,957,059
21,436,300
50.285.500
273,075,90090,887,90032,252,650-

1085s June27

Closing prices of securities in London have been
Aug.
2.
U. S. 6s, 5-20s, 1867.
U. S. 5s, 10-40s
5s of 1881.
New 4% per cents...

Coupon.

107,659,150
111% June28
16,029,000
10938 July 29 144,280,800
107% July 30| 235,364,450
104% May 24. 155,112,100
9
102% Jan.
80,597.350
5 122% May 25;
64,623,512

6s, cur’ncy.reg. 117% Apr.

Aug. Aug.
9.

1063s
111% 111
108% 107%
106% 106%

as

follows:

Range since Jan, 1,1878.

16.

107

each

Amount Aug. 1.

cp. 105% Feb.' •25 110% June 27
105% Juue 6

6s, 1881

..

In our local money
call loans the range is

Aug.

leg. J.
coup. J.
1865...reg. J.
1865 .coup. J.

25,836,164

It is impossible to follow the grain product and movement of
the country with the same precision which is exercised in follow¬
ing the cotton crop, but the receipts at these leading points have
as

165

Lowest.

Highest.

1063s 105% Jan.
2 109% June 8
108
104% Feb. 25 111% July 30
107% 1033s Mch. 1 109% July 9
105% 102% Feb. 25 107% July 30

market, rates are as easy as ever, and on
1@2$ per cent, according to the collaterals,
State and Railroad Bonds.—Louisiana State consols have
prime sliort-date commercial paper sells at 3@4 per cent.
been weak in consequence of the yellow fever ravages in New
The Bank of England statement on Thursday showed a decrease
Orleans.
There has been a little movement in deferred certifi¬
of £97,000 in bullion for the week, and a reserve of 35$ per cent
cates of Virginia debt, and considerable orders are reported in
of liabilities, against 36 per cent last week.
No further change this market. The South Carolina Court of Claims was to meet
was made in the discount rate, which was advanced to 5
per cent
again yesterday (loth), and, in the opinion of some parties well
on
Monday, 12tli inst., from 4 the previous figure.
The last statement of the New York City Clearing House banks, informed, they can find little against the validity of any of the
consolidated bonds.
Tennessee reports state of the recent politi¬
issued August 10, showed a decrease of $770,350 in the excess
cal gathering that the “platform disclaimed any purpose of
repu¬
above their 25 per cent legal reserve, the whole of such excess
diation, but called for no taxation, and that any proposal for
being $20,835,925, against $21,606,275.
compromise of the debt be submitted to the people.” This sounds
The following table shows the changes from the
previous week rather ominous.
and a comparison with the two preceding years.
Railroad bonds have sold in only moderate amounts, at prices,
1878.
Differ’nces fr’rn
1877.
1876.
generally steady. *At the Board, 12$ o’clock to-day, $104,000 of
Aug. 10.

Loans and dis.

Specie
Circulation
Net deposits

..

.

Legal tenders.

previous week.

Aug. 11.

Milwaukee & St. Paul consol, bonds sold from 95 down to

Aug. 12.

$240,220,100 Inc.$2,123,900 $245,377,200 $253,075,800
20,407,600 Inc. 2,416,800
19,189,800 Dec.
83,800
223,432,700 Inc. 3,454,200
56,286,500 Dec. 2,323,600

15,030,700
15,689,500
215,431,600

21,092,000
15,273,900
226,515,100

53,094,800

58,683,200

per cent bonds at 97$ to 97f.
The bonds of Southern railroads in the New Orleans and Mem¬

phis sections

depressed by the prevalence of yellow fever in

are

those cities.

Messrs. A. H. Muller & Son sold the

United States Bonds.—The

activity in Government securities
is fully maintained, and the principal dealers in this
city are
pressed with business in attending to their orders, both by mail
and over the counter.
The character of the demand is nearly the
same as heretofore
noticed, and the following remarks of an
officialin the Treasury Department at
Washington, as reported
in the Chicago Inter-Ocean, are not without interest.
He says as
to the purchasers who take the new 4 per cents :
“

From my

observations, I judge that the greatest number of investors

7

Hope Fire Ins. Co

10 Etna Fire Ius. Co. of N. Y
25 Wilcox & Gibbs Sewing Machine

States.

60
86%

Co

$575 00

Aug.

Aug.

9.

16.

do
Dist. of

do

Range since Jan. 1, 1878.
Lowest.

Highest.

70% 69% June 8 85
*103% 104% July 5 108
*14%
35

Virginia 6s, consol

*72%
2d series..

Columbia, 3-65s

*28%
81%

15

*35
*70

33% Jan.

39% May 14

*28%

29
74

30
85

80%

—

Michigan Central consol. 7s..

Mch. 29
4

18

July 31
Apr. 12

64% Mch. 4 90
103% Jan. 15 108%
109
2 113%
Jan.
91% Jan. 14 103%
5 102%
91% Jan.
106
Jan.
5 110%
110
7 116%
Jan.
109
Jan. 10 112%
105% Jan. 5 112
115% Jan. 5 120

Morris & Essex 1st mort
*118% 118
N. Y. Cent. & Hud. 1st, cp
118
*117
118
Jan. 7
Ohio & Miss. cons. sink. id..
*98
*97% 95% Feb. 20
Pitts. Ft. Wayne & Chic. 1st.. *118
118
118
Feb.
8
St. Louis & Iron Mt. 1st m
104
103
103
Apr. 5
Union Pacific 1st, 6s, gold.... 105% 106
103% Jan. 7
do
sinking fund.... *102% *102% 923s Mch. 6
*
This is the price bid; no sale was made at the Board.
Railroad and

Feb. 11
June 22-

*14%

Railroads.
Central of N. J. 1st consol
*83
Central Pacific 1st, 6s, gold.. *105% *106%
Chic. Burl. & Q. consols 7s... 113
113
Chic. & Northwest. cp.,gold.. 100
98
Chic. M.& St. P. cons. 8. f. 7s..
94
97%
Chic. R. I. & Pac. 6s, 1917.:. *108% *108%
Erie 1st, 78, extended
115
*115
Lake S. & M. S. 1st cons., cp.. *111
112

The Secretary of the Treasury
has issued the sixth-seventh call
for the redemption of 5-20 bonds.
The call is for $5,000,000, of
which $2,500,000 are coupon and $2,500,000 are
registered bonds.
The principal and interest will be
paid at the Treasury on and
after the 10th day of November, 1878, and interest will
cease on
that day. Following are the

:

Closing prices for leading State and Railroad Bonds for two
weeks past, and the range since Jan. 1,1878, have been as follows :

Missouri 6s, ’89 or ’90...
North Carolina 6s, old
Tennessee 6s, old

.

Miscellaneous Stocks.—The

122

May 25
July 16
June 10

July 11
June28
June 19

May 31
May 25
June 28;

July

8

May 27
July 3
Apr. 29
June 26-

102% June 27
121% June 13
1093s May 24
108% June 28

105% July

9

stock market

has been

descriptions of the bonds:

comparatively dull and not a new point has been
developed as to anything affecting the actual value of stocks.
The granger stocks hold their own after considerable fluctuations^
on the
varying reports as to the wheat crop of the Northwestern
States.
It has been reported that the St. Paul Company has
issued $2,480,000 bonds this year, partly for the redemption of
other bonds and partly for building new road, but no official and

floods, dated July 1, 1865, namely: $50, Nos. 71,001 to
Z?;2P(kboth
mcluSive; $100, Nos. 127,001 to 129,000, both inclusive;
N°8. 87,001 to 90,000, both inclusive t, $1,000, Nos.
169,001 to
.-174,000, both mclusive. Total coupon bonds, $2,500,000.
I authoritative statement




following at auction

Shares.

Louisiana consols

is comprised in the class who have had their money in
banks—savings
banks, especially. The next largest number of bonds arc taken by in¬
surance companies and trust
companies, who want a long-time bond.
Third, I would name new banks that are being organized, who buy them
for deposit to secure their circulation, and old banks wTho have
called
bonds on which interest has ceased, and which they must
replace. The
next class is composed of private capitalists;
they are few, but when
they buy they take large amounts. Of course, the second, third and
fourth class I have named have the largest amount
invested, but you
will find by far the largest number of investors in the first class. I
notice
that the most of the bonds called for are either of
very small or very
large denominations. That indicates that the people who buy 4 per
cents are either poor or else are very rich. The
advantages offered
these bonds are greater to the very rich and the very poor man than by
to
the middle classes, as the latter want bonds that are
easily converted.
They keep their money in motion. They see a way in which they can
make a sum of money bring a big yield for a few weeks.
They sell their
bonds and use it. When they have reaped the profit
they buy bonds
again. But the advantages of these bonds to the very poor or the very
nchare: The long time that they run; their small
denominations; they
are free from
taxation; the interest is payable quarterly, and a draft is
sent to the post office address of the
owner, whereas, in collecting inter¬
est on other bonds, you have to
go somewhere and be identified, or hire
a lawyer to get it for you, which is a
great bother.”

94, and

$17,000 Hannibal & St. Joseph 8

I

as

to these

issues has

come

from the

166

THE CHRONICLE

[VOL. XXVII.

officers of the company.

The annual report of the
Chicago &
Northwestern Company for the fiscal
year ending May 31, 1878,
will be found bn another
page, and the exhibit made for the
year
is decidedly favorable.
the steadiest stocks this week are
Among
Lake Shore and Western Union
Telegraph, while the coal stocks
have inclined toward
weakness, in consequence of rumors of a
disagreement in the combination and the
difficulty of maintaining
prices for coal.
The

daily highest and lowest prices have been
Saturday,

Monday,

Aug. 10.

Aug. 12.

Central of N.J. 32H 34
Chic. Burl.& Q. 111
111
C. Mil. & St. P. 29% 30
do
pref.
63>*
Chic. & North.
34

33

35

110% 110%

as

Latest earnings reported.—, /—Jan.
1 to latest date.or Mo.
1878.

Week

1877.
Indianap. Bl. &W. July
$88,597 $84,726
Int. & Gt. North. .July
92,698
89,500
Kansas Pacific.. .1st wk
Aug
92,269
75,830
Mo. Kans. & Tex
.July
219,926 253,125
Mobile & Ohio
June
90,341
88,949
Nashv. Ch.& St.L. June
91,833
117,439
Pad. &Elizabetht.
July
26,552
23,880
Pad. & Memphis.. July
15,130
15,577
Phila. & Erie
June
219,024 250,705
Phila. & Reading. June
1,498,658 1,199,518
St.L. A.&T.H. (brs)l8twk
8,850
8,034
St. L. Iron Mt. & S. 1st wk Aug
Aug
85,200

follows:

Tuesday, Wedn’sd’y Thursday,
Friday,
Aug. 13.
Aug. 14.
Aug. 15.
Aug. 16.
32% 31%
~33 33%
111
111%
110% 111
29
30
30% 31%
65
66%
67% 6i%
33% 34%
33%
35
64% 65%
65% 66%
112% 112%

29% 30%
65% 68%
33% 35
do
pref.
65% 64% 66
C. R. I. & Pac..
113
112% 113%
Del.& H. Canal 50 ‘ 50
X* 50
50% 50
50
Del. Lack.dc W 51%
52%
52% 53% 52% 53%
Erie
16% 17% 16% 17%
Han. & St. Jo..
11% 11% 11% 11%
do
pref.
26% 27
27% 28
Illinois Cent... 83%
83%
83%
83% 83% 84%
Lake Shore
61% 62
61% 62% 61% 62%
Michigan Cent 62% 63% 63
64
63
64
Morris fc Essex 82
82% 83% 83% *82% 84
N.Y.C. & H. K. 108 108
108% 109 409 109
Ohio & Miss....
7%
7%
7%
7%
7%
7%
Pacific Mall.... 16%
16%
16% 16% 16% 16%
Panama
*
127
...127
126%
126%
Wabash
12% 13
12% 13
12% 13
Union Pacific.. 64
13% 14
64:
13% 13%
64% 65% 64% 6o%
64
West. Un. Tei. 88
64% 64
64%
89% 89
89% 89% 89%
Adam8 Exp....
90% 91% 90% 91%
*04% 105% *104%
*105
*105 106
American Ex.. 46%
105% 105%
46% 46% 46% *46% 47
47% 47% 48
United States *44
48
48% 48%
41% 44% 44% *43% 44X *44
Wells, Fargo.. *90
*44
*44%
45
91
*90
90
90
*90
90% *90
90
*90
Quicksilver....
*12%
do
*....
14
13%
*....
pref. *29%
14
30* * 30* *30*' 33*’ *30% 33
30% 30% 31
33
*
These are the prices hid and
asked: no sale was made at the
Board.

St. L. K.
St. L. & S. Fran.. .2dwk J’ne

C.&No..lstwkAug

St.

...

....

L.£S.E.(St.L.)2d wkJuly
do

Tol. Peoria & War. 1st wk

Wabash

....

....

Central of N. J
.".
Chic. Burl.&
Quincy.
Chic. Mil. & St. P..
do
do pref.
..

Chicago & Northw...

10,900
3,333

84,375
99,075
96,450
97,160

do
do pref.
Chic. Rock Isl. & Pac.
1,010
Del. & Hudson Canal
6,311
Del. Lack. & Western
104,950

Erie..,

Hannibal & St. Jo.
do
do pref.
Illinois Central
..

Lake Shore

Michigan Central....

Morris & Essex
N. Y. Cent. & Hud. R.
Ohio & Mississippi...

Pacific Mail
Panama
Wabash
Union Pacific
Western Union Tel...
Adams Express
American Express..
United States Exp...
Wells, Fargo & Co...

Quicksilver
do

51,230
3,800
3,500
2,340

123,196
9,755
4,863
2,159
1,568
3,030
10

3,225
24,137
23,580
6
480
100
100
....

pref..

500

Total sales of the week in
St.
Paul.

Aug.
10
“
“
“
“

“

12....
13....

14....
15....
16....

18,190
14,870
14,930

12,760
14,625
9,000

St, Paul

Jan. 1,

Lowest.

Highest.

13% Jan. 2 45% July 11
99% Feb. 28 114% July 15
29
Aug. 13 54% July 8
65
Aug. 13 84% July 9
32% Aug. 10 55% Apr. 17
59% Feb. 9 79% July 11
983s Jan. 15 119%June 7
45
Jan.
5
59% July 10
463s Mcb. 5 6178 July 10
7% Jan.
5
18% July 31
10
Feb. 28 13% Apr. 16
2158 Feb. 28 31% Apr. 16
7238 Feb. 14 87
July 11
5578 June 29 69% Apr. 15
58% Jan.
3 72% Apr. 18
673s Feb. 28 89
June 10
10334 Feb. 11 112
June 11
6 34 June 29
11% Apr. 15
14% June 21 23% Jail. 16

112

Jan.

5 131

12% June 26
61% July 31
75% Feb. 13

73

82% Jan.

7

13

July

2

29% Feb.

5

25,310
14,635
21,340
15,880
13,110
8,800

11,420
14,810
19,110
11,900
25,290
13,920

18,400
16,150
16,510
17,450
21,750

6,900

18,300
16,200
5,200
4,000
33,750

27,500

15

4378

4%
7
17

15
1S7«

33%

40%

79

45

7338

35% 74%
51% 92%
85% 109%
2% 1138
1278 26%

80

130

59%
56
91

73

84%
105

43%
36
81
13
19 78

95

were as

4078

42%
73%

60%
59%
90
24

45

follows:
Shore.

7,210
5,750
4,520
5,400
9,450

18,900

10,100
7,950

15,135
33,095
34,316
22,600

Total.
84,375 99,075 96,450 97,160
104,950 51,230 123,196
Whole stock. 154.042
122,794 149,888 215,256
524,000 780,000 494,665
..

The total number of shares of
stock
outstanding is given in the
last line for the
purpose of comparison.
The latest railroad
earnings and the totals from Jan. 1 to latest
dates are given below.
The statement includes the
gross earn¬
ings 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,

tioned in the second column.

and

including, the period

men¬

-Latest earnings reported.—Jan.l to latest date.—s
EARNINGS.
Week or Mo.
1878
1877.
1878.
Atch. Top. & S. F. 1st wk
1877.
Aug
$95,500 $18,734 $1,923,883 $1,272,547
Atl. & Gt. West.. .June
301,256 312,828
Atlantic Miss.&

O.June
120,094
128,009
Bur. C. Rap. & N.lst wk
18,507
17,068
Burl. & Mo.R.in N. June Aug
90,590
70,663
Cairo & St. Louis.
July
18,359
15,141
Central Pacific...July
1,391,867
Chicago. & Alton.. 1st wk Aug 1,517,000
121,741
121,218
Chic. Burl. & Q...June
897,090 957,734
Chic. Mil. & St. P. 1st wk
119,930
Chic. R. I. & Pac. June Aug 116,000
568,217

Clev. Mt. V. &

536,235

D..July

761,810
907,045
735,081
121,716

9,400,363
2,560,892
6,417,791
5,021,000

756,118
519,025

415,335
138,882
9,230,572
2,458,888

5,472,048
3,633,692

28,505
24,484
Dakota Southern.June
208,766
210,364
17,386
17,692
Denv. & Rio
103,730
83,416
G...lstwkAug
28,500
16,694
587,620
Detroit & Milw.. .July
397,107
518,512
451,246
Dubuque & S.City.lst wk Aug
11,869
10,890
Erie
564,440
432,739
May
1,172,961 1,234,095 5,872,677 5,777,702
Gal. H. & S. Ant..June
85,058
53,121
Grand Rap.& Ind.May
529,033
423,452
110,255
93,483
Grand Trunk .Wk.eud.
478,010
430,883
Aug.
3
137,817
166,216
5,068,975 5,140,456
Gr’t Western
.Wk.end.Aug.
9
75,212
75,763
Ill. Cent.
2,688,263 2,456,864
(Ill.line).July
460,698
381,373 2,912,369 2,556,123
do
Iowa lines.July
106,059
92,713
do Springf.
854,825
692,086




div.July

23,106

111,477

6,393,493

278,666

2,244,666 2,302,364
1,810,893 1,666,132
491,919
556,876
308,496
297,814
176,114
88,204
285,113
145,890
179,764

373,983

735,487

114,024

2,677,036

162,033
76,075
207,740
113,528
207,853
598,296
2,473,121

Clearings.

Aug. 10.. 100% 100% 100%
12.. 100%|100% 100%
“

13..
14..
15..
16..

“
“
“

9,156,000

following

Napoleons

X X Reichmarks.
X Guilders

Currency.

856,500

10,148,000
13,059,000
16,276,000
9,835,000

00

100% 100% 100%

Sovereigns

Gold.

$10,721,000 $2,291,177 $2,303,869

100% 100% 100%
100% 100% 100%
10034 100% 100%

$69,195,000

0 00 0

Prev.
100% 100%
S’ce Jan. 1 102% 100%
102%

The

Balances.

Gold

Open Low. High Clos.

46,140,000

861,256

1,688,000
1,666,446
2,196,238
1,166,350

1,697,420
1,675,771
2,212,112

1,174,307

$i,06i,500 $1,066,860

are quotations in gold for various coins:
$4 85 @$4 89
Dimes & % dimes.
98
3 88
75
90

4
3
Span’h Doubloons. 15
Mex. Doubloons.. 15

Fine silver bars
Fine gold bars....

@
@
@

3 92
4 80

Silver *48 and %s.
Five francs

4 10
@15 85
@15 60

60

45

114%@

Mexican dollars..

English silver

....

Prus. silv. thalers.
Trade dollars
New silver dollars

115

par.@%prem.

—

@

—

—

98*4®

—

—

93

—

—

89%@

@

— 91
@4 85
@ — 70

4 75
—
68
—

—

9858
98%
94*2

98*2®
99 %®

—

98%

—

par

Exchange.—There has been more animation in
foreign
exchange than for some time past, in consequence of the advance
in rates.
The Bank of England rate
having been put up to 5 per
cent, the leading drawers here advanced
quite sharply, and pur¬
chasers requiring bills seem to come into the
market more
than usual.

Wednesday

There

hastily

considerable done for the steamers of
and Thursday, and on the latter day $500,000 in coin
was

shipped. To-day, business was rather slack at 4*84|
for bank¬
sixty-day sterling bills, 4"89 for demand, and
d’SO^d'OO
for
cables, although bankers are reluctant to
draw, and it is feared
that the supply of cotton bills
may be delayed by the yellow
fever.
was

ers’

In domestic bills the
following
undermentioned cities to-day:

were rates

New York at the

on

Savannah, buying £
ing £ premium; Charleston, depressed, par @ i premium, sell¬
premium; New
Orleans, commercial 3-16, bank
St. Louis, par;
Chicago, shil¬
ling discount; and Boston par.
Quotations for foreign
exchange are as follows:
Aug. 16.

Lake

Erie.

21,450
35,781
25,434

Quotations.

..

373t 69%
82% 105%
25% 74%
30 % 77

June 5
19% Feb. 25
37
June 15

leading stocks

11878

11

Mch. 20

Aug.
Aug.

Jan.

37%

5

95% July 22
8 105% July 25
2 52% May 8
7 51%Peb. 25

98
46
44

6
94

Feb. 25

2038 Apr.

North¬ N’rthw. Del. L.
west.
& West.
pref.

pref.

Low. High.

29,954
53,624

101,887

1,389,864

5,670,426
265,559

market.—Gold

100%^100%
100%
100%

Whole year
1877.

1878, to date.

115,527

1,261,652

2,970

40,442

30,471
115,054

677,806
750,466
1,831,428* 1,696,237
1,475,686 1,684,058
936,434
826,849
821,973
810,994

92,903
61,288
22,840
11,591
11,488

46,734
28,176

1877.

$664,122

has been a little
firmer, and closes at
On gold loans the rates for
borrowing were 1@2 per cent.
Silver in London is
quoted at 52fd. per oz.
The range of gold and
clearings and balances were as follows :

lOOf.

Total sales this week and
the range in prices since Jan.
1, 1877*
were as follows:
Sales of
Week.
Shares.

Aug

IstwkAug

Tlie Gold

....

.

8,200
5,974
2,306

(Ken.).2d wkJuly
(Tenn.).2d wkJuly
St. Paul & S. City. June
Scioto Valley
July......
Sioux City & St. P.June
Southern Minn...June
do

...

*

63,119
17,966

1878.

$702,904

60

■

Prime bankers’ sterling bills on London.
Good bankers’ and prime
commercial...
Good commercial
Documentary commercial
Paris

(francs)
Antwerp (francs)

1878.

May 29.
May 27.

June
June
June
June

10.
17.
24.

July

1.

July
July
July
July
Aug.
Aug.

3.

8.

4.83%@4.84%
4.82%@4.83%
4.82

@4.83

@

94%@
94%@
94%@
94 %@

40%
94%

94%
94%
94%

days.

4.89 @4.89%
4.88%@4.89

4.87

@4.88

4.86%@4.87%

5.17%@5.15
5.17%@5.15
5.17%@5.15
40%@ 403s
95%@ 95%
953s@ 95%
95 %@ 95%
953s@ 95%

Hank«.—The following are the totals of the
Boston

series of weeks past:
Loans.
Specie. L. Tenders. Deposits. Circulation.
Agg. Clear.
S
$
$
$
123,520,100
4,119,100
3,857,600
49.336.900 25,099,400
42,684,818
123,932,500
3,959,300
4,260,200
48,893,500 25,373,100
37,395,431
123,973,200 3,448,600 5,26 yiOO
50.165.800 25,446,300
33,875.446
125,010,400
3,211,800
5,756,100
51.676.400 25.584.600 42,181,604
a

125,7114,700
127.030,700
128.621,700
121,849,000

15. 130,70 >,900
22. 131,136,200
29. 130,653,600
5.. 131,387,300

12.

4.84%@4.85

40

Hamburg (reichmarks)
Frankfort (reichmarks)
Bremen (reichmarks)
Berlin (reichmarks) .1
Boston

3

5.1938@5.16%
5.1938@5.16%
5.193s@5.16%

1

Swiss (francs)
Amsterdam (guilders)

banks for

days.

131,816,000

2.890,900

2,677,400
2,633,800

2,451,900
3,488,000
3,333,400
3,011,200
2,914,200
3,008,300

6,214,200

6,681.800

6,675,100
5,917,800
5,486,400
5,282,600
5,511,900
5,89*, 100
5,846.800

51.572.900

52,156,100
52,775 300
53,251,000
52.285.800
52,095,600
51.569.400
51.906.700

51.490.700

25.527.600

40,871,375
39,168,858
42,626,701
51,573.489
47,130,751
43,821.118
31,441,879
37.181,493

25,372,700
25,048,400

25,361,400
25.339,200
25.297.600

25,045,500
25,143,^00
>,083,200

2

•

35,455,252

Philadelphia Banks,—The totals of the
Philadelphia banks
are as follows:
Loang.
1873

S

May 20.
May 27.

June
June
Jane
June

July
July
July
July
July
Aug.

3

.

10.
17.

24.

1.
8.
15
21.
29.
5..
.

Aug. 12.

57,480,896
57,106,350
57,141,428

57,380,687
57,542,325
57,104,069
56,906,372
57,417,531
57,540,336

57,701,352
57,582,408
57,836,672
5.7,334,189

Specie. L. Tenders. Deposits. Circulation.
Agg. Clear.
$
3

2,000,725 11,673,304
2,002,175 12,231,928

1,957.813
1,948,551
1,810,592

12,723.700

1,799,535

13,166,808
13,726.831
13,647,763
13,600,496
13,413,067
13,750,039

1,89 *,257
2,165,605

12,777,652
12.674,595

2,131,277
2,0S8,963
2,122,939
2,28\850 13,729,614
2,342,437 13,434,151

$

S

44,139,418
43,830,403

11,109,920
11,088,797
44,901,979 11,069,120
44,814,241 11,070,141
44,900,053 11,049,673
44,908,901 11,006,979
45,647,430 11,001,126
45,931,792 11,055.863
.46,419,105 11,075,562
46,082,238 11,118,080

46,127,426

46,502.675

45.561,288

11,133,331
11,138.613
11.158.503

$

32,731,584
£0,126,223
26,800,606
39.002,223

31,067,892
30,667,918
29,( 62,252

33,320,691
32,262,571
30,692.010

24,830,509
29,494,324
26.819.131

August

THE CHRONICLE.

17, 1878.]

New York City Banks.—The
following statement shows the
condition of the Associated Banks of New York City for
the week

ending at the commencement of business

on

Aug. 10, 1878

167

BOSTON^ PHILADELPHIA, Etc.—Continued,

:

Bid. Ask.

8BCT7BITIBS.

SECURITIES.

AVERAGE AMOUNT OF

Banks.

Capital.
S
New York
3,000,000
Manhattan Co.... 2,( 50,000

Merchants’
Mechanics’
Union
America
Phoenix

2,000,000
2,000.000
1,200,000
3,000,000

City*...,

1,000.003

1,030,000

Tradesmen’s
1,COO,000
Fulton
630,000
Chemical..
300,000
Merchants’Exch. 1,000,000
Gallatin National 1,500,000
Butchers1* Drov.
500,000
Mechanics’ & Tr.
600,000
Greenwich
200,000
Leather Manuf’rs
600,000
Seventh Ward..
300,000
State of N. York.
800,000
American Exch.. 5,000,000
Commerce
5,000,000
....

Broadway

1,000,000

Mercantile
Pacific

1,000,000

422,700
Republic
1,500,000
Chatham
450,000
People’s
412,500
North America..
700,000
Hanover
Ij00,000
Irving
500,000
Metropolitan.
3,000,000
Citizens’
600,000
Nassau
1,000,000
Market
1,000,000
St. Nicholas
1,000,000
Shoe and Leather 1,000,000
Com Exchange
1,000,000
Continental
1,250,000
Oriental
300,000
..

.

.

Marine

403,000

Importers’&Trad 1,500,000

Park
Mech. Bkg. Ass’n
Grocers’
North River
East River
Manuf’rs’ & Mer.
Fourth National
Central National.
Second National.
Ninth National..
First National...
Third National..
N. Y. Nat. Exch.

2,000,000
500,000
300,000

German Americ’n

750,000

240,000

250,000
100,000
3.5' 0,000
2,000,000
300,000
75!‘,C00
500,000
1,00^,000
300,000
Bowery National. 250,000
New York County
2 0,COO
.

...

Loans and
Discounts.

$

Lei
Specie. Tenders.
$
$

11,682,200 3,507,200

Net

$

$
40,000

680,600 12.543.800
1,797,600 4.760.300
3,747,100 8,632,500
1,600,200 5.348.700
1,026,400 3.194.200
3,479,100
7.725.200
373,000
1,962,000
3,727,0(0 5.744.400

5.272.800
514,100
6,895,000
980,700
6.342.900
228,400
3.729,700
331,900
6.985.800 1,335,600.
2,124,000
299,000
4.149.800
815.200
3.236.500
303.200
174.500
1,930,600
1.169.900
213.400 1,052,700
1.511.900
9.288.800
903.300 1,871,200 9.704.800
3,397,000
208,000 1,009,400
3,251,100
3.827.300
282.900
554.800 2.136.900
1,306,000
94,000
179,000
976,000
1,405,COO
26,000
271,000
1,048,000
844,000
10,300
161,200
755,800
353.900
2,077,300
630.700 2,031,900
894,800
87,200
208.900
930.900
323.100
1.677.200
512,000
1.789.400
13,070,000
966,000 1,063,000 9,273,000
17,899,000
846.400 1,553.3(0 11,427,000
4.985.800
35.100
694.900 3,344,703
156.300
3.370.400
613.200 3,038,100
20.600
1.788.300
930.600 2.173.200
3.349.500
232.600
228.300
1.637.800
2,923,000
101.300
622,100 2,845,000
I,234,000
22.400
328.700
1.201.900
125,000
J,670,700
220,000
1.494.300
5,016,700
137.100
788,400 4.406.400
1.876.300
33.400
618,100 2,021,300
12,603,000
470,000 2,792,000 10,850,000
72,600
1.610.500
330.500
1.624.800
1.972.200
45,500
298.300
1.756.200
2.330.600
134.300
514.800 1.701.800
1.951.400
87.100
232,000
945,400
3,563,000
312.100
365,100
2,606,000
92.700
3.157.200
415,000
1,896,000
3.488.900
19,900
627.800 2.528.200
1.315.600
15,800
153,000 1.112.700
2,020,300
115.200
306,60) 1,861,000
15.752,10-0 1,161,000 3,933,300 18,361,600
10,804,600
302.600 2,892,700 12,345,200
631,100
143.200
22.100
505.500
565,600
151.600
3,800
517,600
703.700
26.700
161.200
736.500
747.700
17,000
115.700
565.900
344,500
1,400
89,700
383.900
12,733,200
797,300 3,244,000 11,662,100
7,367,000
326,000 1,139,000 6,204,000
1,956,000
602,000
2.044.000
3.238.300
100,400 1,133.600
3.444.300
8.751.600 1,239,000 1,464,000 9,519,000
4,‘'32,000 1,311,700 2,670,100
6.534.900
1.125.100
20,700
161.300
737,100
13 000
1,091,700
241,000
830,300
1.141.100
329,700
1.217.200

1.702.600

Circula
tion.

Deposits.

205,700

829.300

7,500

96,500
169,0C0
129,000
1,100
230,000

774,3(0
519,400
414,000
267,000
198,000
2.700
278,000
32,100
45,000
197,000

1,778,203
883,700

179,800

450,006
394,000
5,400
444.500
80,300

2,076,000
245,00)
3,900

260.500
494.500
639.100
4.700

735.100
347.300

1,097,700
540,000

302.300

97,200

1,048*60*1
1,316,000
256,000

533,200
45,OC0
798,000
268.500

525,000
180,000

2,101,000

Total

64,625,230 240,220,103 20,407,600 56,285,500 223,432,700 19,189,800
The deviations from returns of previous week are as
follows :
Loans

Inc. $2,123,900
Inc.
2,416,800
Dec. 2,323,600

Specie
Legal tenders
*

No

report; same

as

Net

deposits

Inc.. $3,454,200
Dec.
83,800

Circulation

last week.

The following are the totals for a series of weeks
past:
Loans.
Specie. L. Tenders. Deposits. Circulation. Agg. Clear.
1878.
i
Mar. 2.
Mar. 9.
Mar. 16.
Mar. 23.
Mar. 30.

Apr. 6.
Apr. 13.
Apr. 20.

Apr. 27.
May

4.

May 11.
May 18.
May 25.
June 1.
June 8.
Jun. 15.
Jun. 22.
Jun. 29.

July 6.
July 13.
July 20.

July 27.
Aug. 3.
Aug. 10.

$

S

S

246.456.200

33,326,400

t

246,320,800
242.978.900

37.116.900

33.137.900
30.655.900
30,326,200
29,605,700
29.425.400
26,637,000
28,666,100
32,186,000
34,933,800
36.435.300
38,612,000
41,020,100
44,023,900
47,248,000
47.816.400
49.502.900
52.466.900
53.998.300
53.606.300
55.556.300
57.543.900
58,409,600
58,610,100
56,286,500

213.933.400

19,838,500

241.566.700
241.590.900
240.649.100
236,018,400
232.113.400
230.301.500
229.936.400
232,030,700
233,122,600
233.997.200
234,049,400
236.132.900
234.639.100
234.713.700
232.720.200
236.516,000
234.120.100
236.195.500
238,636,(00
238,096,200
240,220,10C

39.545.900
39.687.500
38.767.600
36,620,700
35.486.900
35.935.900
3?,585,100
30,051,900
27.469.500
23,030,200
19,827,100

17,001,200
16,801,200
17,105,200
15,069,700
16.311.900
20,420,000
22,048,600
22,001,609
19.695.600
17,990,800
20.407.600

215.155.900
215,085,100

19.885.100

19,910,700
19.906.300

211.938.500
210.378.400

204.663.200
201.926.600

202,053,400
200,875.000
199,074,000

201,038,000
199.686.100
198,985.300

199.867.900
202,271,800

205.785.200
205.384.100
205.965.600
213.816.700
217,411,(00
221.252.100
222.133.700

219.978.500
223.432.700

19.912.300

19.944.600
19.959.200
19,982,400
20,021,800
19.998.300
20,033,100
20,012,300
20.005,800
19,941,000
10.979.600
19.984.900
19.909.900
19.934.200
19.823.900
19.522.100
19.405.100
19,078,000
19.273.600
19,189,800

POTATIONS IN BOSTON. PHILADELPHIA AND OTHER
Bid. Ask.

SECURITIES.

BOSTON.

Maine 6s.*.
New Hampshire 6s
Vermont bs

,

ii«%

Boston & Providence 7s
Burl. & Mo., land errant 7s....

919i

Neb.

7s

Kan. City Top. & W., 7s, 1st




414,140,015

355,692,070

Lints.

~25H

7s, Inc..
new.

Colony, 7s

do
0s
106
Omaha & S. Western, 88
Pueblo & Ark. Valley, 7s
1025* 103
Rutland 8s,1st mort
705*
Verm’t C. 1st m.,7s
Vermont * Canada, new 83..
Vermont* Maas. RR.,6s
stocks.

Atchkon &

Topeka

Boston* Albany
[Boston & Lowel’

|Boston& Maine.

1O0>*

;Cheshire preferred
Cln. Sandusky & Clev
Connecticut River
Conn. & Passumpslc
Eastern (Mass.)
Eastern (New Hampshire)...

Fitchburg

Kan. City Top. & Western...
Manchester & Lawrence
Nashua & Lowell
New York & New

565* 57
125^ 1255*

England...

1075* 107%

105*
9/
30

3%

13H

116*4
57

91

Phll.&R.C.&I deb. 7s, cps.off

....

do scrip, 1882
©gdensb. & L. Champlain
do mort., 7s, 1892-3
225*
84
do
pref..
88% Phila. Wilm. & Balt. 6s, ’84....
Old Colony
10294 103
Pitts. Cln. & St. Louis 78,1900
895*
Portland Saco & Portsmouth
84
Shamokln V.& Pottsv. 7s, 1901
41
Pueblo * Arkansas
43
Steubenv. * Ind. 1st, 6s, 1884. 93
Rutland, preferred
Stony Creek 1st m. 7s 1907....
ii3
Vermont & Massachusetts..
Sunbury & Erie 1st m. 7s, ’97.,
Worcester & Nashua
3194
Union & TUubv. 1st m. 7s. ’90,
555*
United N. J. cons, m. 6s, *94..
PHILADELPHIA.
Warren & F. 1st m.7s, ’96
West Chester cons. 7s, ’91
STATE AND CITY BONDS.
West Jersey 6s, deb., coup.,’88
Penna. 5s, g’d, int.,reg. or cp.
do
1st m. 6s, cp., ’96. 103
do
5s, cur.,reg
do
1st m. 7s,’99
do
5s, new, reg., 1892-1902 ill
112
Western
Penn.
RR. 6s,cp.!899
do
6s, 10-15, reg., l*77-’82.
do
6s P.B.,’96.
do
6s, 15-35. reg., 1882-’92
110%
CANAL BONDS.
do
6s. In. Plane, reg.,1879
Chesap. & Dela. 1st 6s, rg ’86
Philadelphia, 5s reg
do
Delaware Division 6s, cp./78.
6s, ol( reg.
105
100
do 6s, n., rg., prior to’95 114
Lehigh Navlga. m., 6s, reg.,’84 105
do
do 6s,n.,rg.,i895* over 11494 iib
mort. RR., rg.,’97 104
do m. conv. g., rf g.,’94 91
Allegheny County 5s, coup...
do
mort.
Allegheny City 7s, reg
gold,’97.... 905*
do cons. m.7s,rg.,l9U
Pittsburg 4s, coup., 1913
do
Morris, boat loan, reg., 1885..
5s, reg. & cp., 1913.
do
6s, gold, reg
Pennsylvania 6s, coup., 1910..
do
7s, w’t’rln,rg.*cr>. 102% 103% Schuylk. Nav.lst rn.6s.rg.,’97.
92
do
2d m. 63, reg., 1907 00
do 78, str.lmp., reg.,’33-86* 875*
do 6s, boat*car,rg.,1913
N. Jersey 6s, reg. and coup...
do 7s, boat*car.rg.,19.5
do
exempt, rg. & coup.
Camden County 6s, coup
Susquehanna 6s, coup.. ;9;8 .*
Camden City 6s, coupon
do
7s, reg. & coup.
BALTIMORE.
Delaware 6s, coupon
Harrisburg City 6s, coupon..
Maryland 6s, defense, J.& J.. 109 1095*
RAILROAD STOCKS.
do
68, exempt, 1887
113
110
do
Camden * Atlantic
6s, 1890, quarterly.. 107
112
do
do
do
5s, quarterly
pref
105
100
Baltimore 6s, iSSl, quarterly, 100
Catawissa
108
do
do
6s, 18S6, o .*J....... 1075* 109
pref
do
do
new pref
6s, 1890. quarterly... 110% 1105*
do
Delaware & Bound Brook....
6s, park, 1890,Q.—M. 109
111
do
East Pennsylvania
6s, 1893, M.&S
113
110
do
Elmira & Williamsport
6s,exempt,’93.M.&S. 113 117
do
do
do
1900, J. &J
pref..
111% 11194
do
Har. P. Mt. Joy & Lancaster.
114
1902, J.&J
112
Norfolk
water,
8s
Huntingdon* Broad Top...
111
1115*
BAILROAD STOCKS.
Par.
do
do pref.
Balt.* Ohio
100
Lehigh Valley
39
395*
do
Wash. Branch.100
Little Schuylkill.
do
Mlnehlll
Parkersb’g Br..50
50
Northern
50
Central
Nesquehonlng Valley
475a
Western Maryland
Norristown
.50
100
Central Ohio
50
Northern Pacific, pref
10*
North Pennsylvania
Pittsburg * Connellsvtlle..50
40
RAILROAD BONDS.
Pennsylvania
32%
Balt. * Ohio 6s, 1880, J.*J.... 102
105
Philadelphia * Erie
do
108
6s, 1885, A.&O.
100
Pniladeiphla & Reading
1754
N.
W.
Va.
3d
105
m.,guar.,’85,J*J 95
Philadelphia* Trenton
Pitt8b.& Connellsv.78,’98,J&J 9494 955*
Phila.Wilmlng. & Baltimore.
Northern Central 6s, ’85, J&J 100
Pittsburg Titusv. & Buff
1075*
*3%
do
United N. J. Companies
6s, 1900. A.&O. 101 103
1205*
do
West Chester consol, pref....
6s, gld, 1900, J.&J. 915* 925*
Cen. Ohio 6s, 1st m.,’90,M.& S. 100
West Jersey
101
W. Md. 6s, 1st m., gr ’90.J.&J. 105
108
CANAL STOCKS.
do
1st m., 1890, J. & J.... 100
105
Chesapeake & Delaware
do
2d m., guar., J.&J— 105
108
Delaware Division
do
2d m., pref
67
05
Lehigh Navigation
185* 18%
do
2d
m.,gr. by W.Co.J&J 100
108
Morns
do 6s, 3d in., guar., J.& J. 105
108
do
pref
Mar. & Cln.7s, ’92, F.& A
82
825*
Pennsylvania
do
2d, M. & N
30
Schuylkill Navigation
do
do
13
pref... '75*
85* Union RR. 83,3d, J.&J
1st, guar., J. & J.. 105
Susquehanna
do
Canton
endorsed
RAILROAD BONDS.
1015* 105”
MISCELLANEOUS.
10S
Allegheny Vai., 7 3- 10s, 1896
Baltimore Gas certificates.. 100
110
do
7s, E. ext., 1910 87
People’s Gas....
15
10
do
Inc. 7s, end..’94.
25
Belvidere Dela. 1st m.,6s,1902. 1045*
CINCINNATI.
...

•

•

•

•

....

...

.

.

...

s*

..

.

....

2d m. 6s.’8).. 102
1
3dm. 6s,’87.. 945*

do
do

98

Camden &Amboy 6s,coup,’83 101% 103
do
6s, coup., ’89 102

do
mort. 6s, ’89
1095*
Cam. * Atl. 1st m. 7s, g., 1903
do
2d m., 78, cur., ’80
Cam. & Burlington Co. 6s,’97
Catawissa 1st, 7s, conv., ’82..,
do
chat. m.f 10s,’88
do
new 7s 1890
Connecting 6s, 1900-1904
Dan. II. & Wilks., 1st., 7s, ’87.*
Delaware mort., 6s, various..
Del. & Bound Br.,l8t, 7s, 1905
East Penn. 1st mort. 7s, ’88
105
E1.& W’msport, 1st m., 7s, ’80.

1005*

..

do

5s,perp
Harrisburg 1st mort. 63, ’83..
H. & B. T. 1st m. 7s, gold, ’90.
do
2d m. 7s, gold, ’95.
do
3d rn.con8.78,’95*.
Ithaca* Athens 1st g d, 7s.,’90
Junction 1st mort. 6s, ’82
do
2d mort. 6s, 1900
L. Sup. & Miss., 1st m., 7*, g.*
Lehigh Valley, 1st,6s, cp., 1898
do
do reg., 1893..
do 21 m.,78, reg., 1910..
do
con. m., 6s,rg.,1923
do
do
6s,r p.,19.3
Little Schuylkill, 1st m. 7s,’82
North. Penn. 1st m. 6s, cp., 85.
do
2d m. 7s, cp., ’96.
do gen. m. 7s, cp., 1903
do gen. m. 7s, reg., 190*?
Oil Creek 1st m. 7s, coup.,’81.
Bittsb. Titusv. & B.,7s, cp.,’96
do
scrip....
Pa.& N.Y.C. & RR. 7s, ’96-1906.
Pennsylv., 1st m., 6s, cp., ’80..
gen. m. 6s,cp.,19i0
gen. m. 6s, rg.,1910.
cons.m. 6», rg., 1905.
cons. m. 6s. cp., 1905.

31
105

100

do
do
do
do
do

105

1055*
75

1135*
10454

10754
ion%

Navy Yard 6s, rg,’61

do
do
do
do

In.

6s,coup.,’97

1045*

20

78, cp,1896
104
7s, cp.,191!.. 103
7s, rg.,191l.. 10354

m.

cons. m.
cons. m.

.

cons.m.6s,g.i.1911

do conv. 7s, 18934
do
7s, coup, off, ’93
do scrip, 18S2
Phila.* Read. C.& I. deb. 7s,92

33

„

*

In default of interest.

*

25

875*
92

Louisville 7s

l\3%

Phila. & Erie 1st m.6s, cp.,’8i
do
2d m. 7s, cp.,’S8.
Phila. & Read. 1st m.6s, ’43-’44.
do
do
’48-:49.
do
2dm.,7s, * p.,’93.
do
dcben., cp., ’93*
do
do
cps. off.
do
scrip, 1832.

do
8. p.c. st’k, guar
Little Miami stock

LOUISVILLE.

107

104

.

Dayton & Michigan stock....

117

r

m.

Cincinnati 6s
t 93
90
do
7s
t 103
105
do
7-30s
t 100
108
do
South. RR. 7-30s.t 10054 1005*
do
do
68, gold.t 84
86
Hamilton Co., O., 6s. long., .t 95
do
78,1 to 5 yrs..t 100% 10094
do
7 & 7*80s, long.t 104
108
Cln.& Cov. Bridge st’k, pref.
70
Cln. Ham. & D. 1st m. 7s,’80
100
101
do
2dm. 7s,’85.. 95
97
Cln. Ham. & Ind.,7s, guar.... si
37
Cln. & Indiana 1st m. 7s
95
97
do
2d m.7s, ’17...
70
73
Colum. & Xenia, 1st m. 7s, ’90 104
100
Dayton & Mich. 1st m.7s, ’81. 100% 10094
do
2dm. 7b,’84. 96
98
do
3d m. 7s, ’83. 90
92
Dayton & West. 1stm.,’81...t 100
do
1st m., 1905
h7
do
1st m.6s,’.905 x78
Ind. Cln. & Laf. 1st m. 7s
do
(I.&C.) 1st m.7s,’i
93
Little Miami 6s, ’83
100
Cln. Ham. & Dayton stock...
1554
Columbus & Xenia stock
100
-

100

...

Perkiomen 1st

75

:

iConcord

Neb. 6s

do

352,707,254
353,322,472

Bid. Ask.

iBoston & Providence
11254 Burlington & Mo. In Neb...

11254
98%; 100
88,1883
103% 109
Pa8sumpslc, 7fi, 189:.
Fitchburg RR., 6s
do

349,403,759
353,550.231
376,809,115

....

do
2d 7s
91
do
land Inc. 3s..
Boston ® Albany 7s
68
do
Boston & Lowell 7s
1*12
Boston & Maine 7s
!14<W
Boston* Lowell 6s
103

Eastern. Mass.. 3\cr.

374,239,182
390,933,811
361,644,610

Igdensburg & Lake Ch.8s...

Old

,

Portland 6s
Atch. & Topeka 1stm.7s...
100% !06:
do
land grant 7s 105
105

do

339,022,452

Hartford & Erie 7s, new

Massachusetts 5s, gold
Boston 6s, currency
do
5s, gold
Chicago sewerage 7s
do
Municipal 7s

do
do
Conn. &

securities.

400,609,680
377,110,111
401,592,977
373,731,072
359,353,328
441,442,055
381,415,325
426,180,360
419,201,399
439,525,545
361,572,687
382,688,684
351,364,165

Northern of New Hampshire
Norwich & Worcester

Bid. Ask.

6s,’82 to ’87
6s,’97 to ’9S

t
t

water 6s,’87 to ’89 +
water stock 6s,’97.+
wharf 6s
..+
BDec’l tax6s of ’89.+
do
ater 63, Co. 1907 +
Louisville

102
Jeff. M.&l.lstm. (I&M) 7b,’8lt
do
2dm., 7s
85
855*
do
1st m.,7s, 1906....f 100
1005*
Louisv.C.* Lex. 1st m. 7s,*97.
ex past-due c.upous
+ 1025* 103
Louis.* Fr’k.,Loulsv.ln,6s,’8i
100
&
Louisv.
Nashville—
Leb. Br. 6s, ’86
*>.
+
1st m. Leb. Br. Ex.,7s,’80-85.t
Lou.In.
do
6s, ’93...+ 95%
Consol. l8tm. 7s, ’98
10594
Jefferson Mad. & Ind. stock.
Louisville & Nashville stock. 355* 30

ST.

LOUIS.

St. Louis 6s, loag
+ 10254 1035*
do
water 6s, gold
+ 10354 1045*
do
do
do
new.+ 10394 10494
do
bridge appr., g. 6s t 10354
do
renewal, gold, 6s.t 10354
ao
sewer, g. 6s, ’9i-2-3.t 1035< 1045*
St. Louis Co. new park,g.6s.+ 1035* 1045*
do
cur. 7s
t 105
1075*

t And Interest.

168

THE CHRONICLE.
QUOTATIONS OF STOCKS AND

U. 8. Bonds and active Railroad Stocks

are

quoted

STATE
sxcrmmxs.

Bid.

Ask.

— —

Alaoama 5s, 1883
do
5s, 1SS6
do
86, 1886
do
Sfl, IS8S
do
8s, M. & E. RR..
do
Ala. & Ch. K.
-

do
lO

#

^

do
do

»b. L. 11. & Ft. S. is?
?3 Memphis & L.R.
do 7s,L. R.r. B. &N.O
do 7s, Mies. O. & K. R
do 7s, Ark. Cent. HR..
Connecticut 68
Georgia 6s
do
7b, new bonds...
do
7s, endorsed.
do
7s, gold bonds..
Illinois 6s, coupon, 1879..
War loan
do

.

-

•

„

.

*

*

*

*

*

*

•

*

*

.

„

.

„

9

„

6s, new
6s, new float’g debt.
d9
78, Penitentiary
do
6s, levee
do
8e, do
do
bs, do 1875
do
83, of 1910
do
7s, consolidated
do
7e, small
Michigan 63,187S-79

t

.

107^

....

108*
#

do

do

.

RAILROAD
railroad Stocks.
(Active preri'usly quot'd.)

Kens. &

Albany & Susquehanna...
Burl. C. Rap. * Northern.

81
24

do
do
do
do
do
do

*84

Cleve. Col. CIn. & I..—
Cleve. & Pittsburg, guar..
Col. Chic. & I Cent

Dubuque & Sioux City.
Erie pref

.

.

North’n.pref

Terre Haute* Ind’polls..
United N. J. R. & C

District Telegraph...

Canton Co., Baltimore
American Coal

Railroad Bonds.
(Stock Ezchanoe Pt'ices.)

Boston H. & Erie, 1st m..
do
guar. .'..
Bur. C.R & North., 1st 5s..
Minn.* St.L.,1st 7s gua
Cheua. & Ohio 6s, 1st in...
dr.

1st mort.
Income.

Chicago,1st

ios*

107

80*
4

H

8
2
2
2

Class 3

AND

...

3

do
do

21

21"
70
53

„

a

111

„

reg.

'81

Union &

Logansport 7s...

65

do

do

60
40

1. gr., 7s..

South’n Securities
(Brokers' Quotations.)

-

*

*

.

•

•

43*

tll2

1101

1052

96
102
98
97
52

98
104
102
100
55
77
65

tno*

“60
95
65
SO
28
28

....

do
do
do
do

108*

V11

112

781

Lehigh & W. B. con.guar
assented.

do

>ssented.
St.P.t st m .Ss.P.D
2dm. 7 3-10. do
1st 7s, $g.,R.D

lstm., LaC.D.
lstm.,l.*M...

7L

76
90
73

1st m., I. & D.

lstm.,H. & D.
Istm.jC. &M.

con8ol.slnk.fd
2d m

Chic. & N. West. sink, fd
do
lnt. bonds,
.

55
40
50
46

100

9w%

101* 103*
95
95*

100
106

cp.gld.bds.

98

107

110*

i’07

.

Iowa Midland, 1st m. 8s.
Galena & Chicago Ext
103
Peninsula. 1st m., conv. 7....
Chic. & Mllw., 1st mort. 100
Winona & St. P.. 1st m.. 100
do
2d mort.
85
.

C.C.C.&lnd’s 1st m.7s,SF.

106
103
108

101
101

iio

do

118*

106*

consol, bds
ext’n bds..
1st mort..
reg.

48

i03
98

98*
98*
105
115

90

108*

do
consol, m.bds
84*
Del. Lack. * West., 2d m.
107*
do
7s, conv. 7io3
105
do
mcrt.. 7s, 1907 7106
Syr. Blngh.* N.Y. ist,7e
Morris & Essex, 1st. m.. 103*
118
2d mort..

105*

bonds, 1900.
constructs
7s, of 1871
1st con. guar.

Del.&Hud.Canal, 1st m.,’84
do
do
do
do

do 1891
1st extended,
coup. 18. 1894
reg. 7s, 1894
Albany & 8usq. 1st bds.
do
.'d do
do
3d do
dn 1«t cons,
gua
Rens. * Saratoga. Ist
cp
*

85
99

7-0
99
100

9314 9c* Connecticut Valley 7s

»r*

.

do

105

I

do

102*;

do

do
do
do
do
do
do
do
do
do
do

iol*

101* 102*
102*
i02 102*
104

90

i*14

Price nominal.

with coup. c.fs.

1st m., 6s, 1356
wlih coup, ctfs

88*

1st, 7s, Lea> eu.br.,’So
with coup, cifs
1st, 7s,R.*L.G.L)’d.’99

730
730

with coup. ctfs...
1st m., Ts, I’d gr., ’80.
with coup, ctfs
Inc. cp. No. li on 1916

05*

'85

Inc. cp. No. 16on 1916
Pennsylvania RR—
Pitts. Ft. W. & Chic., lstm..
do
do
Cleve. &

do

do
do

to
118
115
i;»

2dm..
3d m.

.

Pitts., consol., s.f.
4lhmort....

Col. Chic. & Ind. C., 1st mort
do
do
2d mort
Rome Watert’n & Og.. con. 1st
St. L. & Iron
Mountain, 1st m.
do
do
2d m..
St. L. Alton & T. H.,lst mort.
do
2d mort.,pref..
do
2d mort. inc’me
Belleville & S. Ill.R. 1st m. 8e
Tol. Peoria &
Warsaw, 1st E.D
do
do
W. D.
do
do Bur. Div.
do
do 2d mort..
do
do consol. 7f
Tol. & Wabash. 1st m. extend.
do
ex coupon
do
lstm.St.L. dlv......
do
ex-matured coup....
do
2d mort
do
Ex & Nov.,’77, coup.
do
do

»2

l8tCaron’tB

South Pac. of Mo., 1st m
Kansas Pac., 1st m.. 6s, 1895..
do

7111
7105
42*

1

*32
103

765

*‘*60
20

765

equlp’t bonds..

con. convert

do Ex. Aug.,^,* prev’s
Great Western, 1st m., 1888..
do
ex coupon
do
2d mort., ’93
do Ex A Nov. .’77,coup.
Quincy * Toledo, 1st m., ’90..
do ex mat. & Nov.,’77,cou.
Illinois & So. Iowa, 1st mort
do
ex coupon
Han. & Cent. Missouri, 1st m
Pekin Llnc’ln & Dec’t’r.1 st ra

121

80

75
30

36
36

44
15

iio
'21

98*

'74
90
74
13

• •••

97

'99

*60

03
88

t And accrued interest.

do

West, div
Waco..

consol, bds.

.

Indianapolis & St. Louis 1st 7s
Indlanap. & Vlncen. 1st 7s, gr..
International <.Texas) Istg...

'

• •

85*

55
87

87

„

„

p

t

05

Int. H. & G. N. conv. 8s
19
Iowa Falls & Sioux C. 1st
7s^. t88
90
Jackson Lans. & Sag. 8s,lstra. fi02
Kal. Allegan. & G. R. 8s, gr...
93
100*
Kalamazoo & South H. 8s, gr.. +70
Kansas City* Cameron 10s...
|103
Keokuk & Des Moines 1st 7s...
74
77*
do
funded Int. 8e
80
Long Island RR., 1st mort.
96
ioo
Louisv. & Nashv. cons. m. 7s.
100
107
do
2dm.. 7s, g..
81* 88
Michigan Air Line 8s, 1890
t!04* 105*
Montclair & G. L.lst 7s, (new,).
30
45
do 2d m. Vs (old m.,
3
lsts)...
6
Mo. K.& Tex. 1st 7s, g., 1904-’06
38
40*
*

«

....

2d m. income...
N. J. Midland 1st 7s, gold
N. Y. Elevated RR., 1st m
N. Y. & Osw. Mid. 1st
do recelv’s ctfs.(labor)
do
do
(other)
Omaha & Southwestern RR. 8s
Oswego & Rome 7s, guar
Peoria Pekin & J. 1st mort—
Pullman Palace Car Co. stock.
do
bds., 88,4th series
St. L. & I. Mt. (Ark. Br.) 7s,
g.
St. L. * San F., 2d in., class A.
do
do
class B.
do
do
class C.
....

St.L.&So’east. cons.7a,gold,’94

St. Louis Vandalla * T. H. 1st.
do
2d, guar
Sandusky
Mans. * Newark 7s.
South Side, L. I., 1st m. bonds.

do
sink. fund...
Southern Minn. 1st mort. 8s...
do
7s, 1st
Tol. Can. 8. & Det 1st7s, g....

•

-

T

22
86
5
27
20
113
86
*15
73

91*

68
43
25
20
25
100
70
85

9
24
88
0
34
25

U3*
93
35
75
93

70*

46

27*

22
35
102
75
65

88
30
87
98
42

Georgia RR. 7s

"op'H
101
60
92
.84
84
72
70

37
91

Carolina Cent. 1st m. 6s,g.
Cent. Georgia consol.m. 7s
Stock
Charlotte Col. & A. 1st 7s.
Cberaw & Darlington 83..
EastTenn. & Georgia 6s..
K. Tenn.&Va. 6e.end.Tenn
E. Tenn. Va. & Ga. 1st. 7s.
Stock
6s
stock

Greenville & Col. 7s, 1st m.
7s. guar
Macon * Augusta bonds..
2d endorsed..;
Stock

•••

2d 7s..
Stock.

Memph. & Little Rock 1st
Mississippi Cent. 1st in. 7s

2d mort. 8s
2d mort., ex coupons....
Miss. & Tenn. 1st m. 8s, A.
1st mort., 8s, B
Mobile & Ohio sterling 8s
Sterling ex cert. 6s

8s, interest....
2d mort. 8s
N. O. & Jacks. 1st

m. 8s..
Certificate, 2d mort. 8s..
Nashville Chat. & St. L. 7e
Nashville & Decatur 1st 7s
Norfolk & Petersb.lst m JJs

1st mort. 7s.
2d mort. 8s

i

Northeast., S.C., 1st m. 8e.
2d mort. 8s

Orange AAlex’dria, lsts,6s
<18,68.

3ds,8s
8s

75

85

8
2U

9
eo
80
40
35
107
55

88
30
105
50

70
1C5
85
90
101
40
1C5

io*8

*67

■70

‘33

73
8S
95
101

90

50

”85

*97

98
80
5

100
83

38

‘42

10C
100

101
105
88

84
108

60*
60
45
15
102
98
99
HO
99
94
90
105
90
80
69

,

4 the,

Rlchm’d & Petersb.lst
78^..
Rich. Fred. & Potomac 6lif
mort. 7e

Rich.* Danv. 1st consol.6e

Southwest.,Ga

,conv

7s,’86

Southwestern. Ga., stock.
S. Carolina RR. 1st m. 7s..

7s, 1902
78, non mort
Savannah * Char .1st m. 7e
Cha’ston & Sav. 6s, end.

West Ala., 1st mort. 8a....
2dm. 8s, guar
PAST DUE COUPONS
Tennessee State coupons..
1South Carolina conso1.
...

Virginia coupons.'
Consol.

couo

Memphis City coupons....
4no price to-day ; the^e a.e latest
quotations made this week.
...

104
C5
65

••

Memphis & Cha’ston 1st 7fc

C

98

95
105
102
60
00

Consol., end.by Savan’h

78
105

78
78
05
60
82
53
10

do

37

72

80

7s, equip...
Evansville & Crawfordsv., 7s.. ioi
Evansville Hen. & Nashv. 7s...
41
Evansville, T. H. & Chic. 7s. g.
48
Flint & Pere M. 8s,Land
grant. *83
Fort W., Jackson & Sag.
8s, 89
Grand R.& Ind. 1st 7s, l.g.,
’94
gu
do
jstls.l. g.,notgu.
84
do
1st ex l.g. 78.
50
Grand River Valley 8b, 1st m..
tioo
Houston & Gt.,North. 1st 7s,
55
g.
Hous. & Texas C. 1st 7s, gold..
90
do
do

•

...

104*

740

'

con.m., 7s..

•

To

Ala. & Chatt.lst m. 8s,end.
Receiver’s Cert’s (var’s)
Atlantic & Gulf, consol...

91
52
25
37
45
63

?

797

98
89
72

90
48
20
32
42
02

Connecticut Western 1st7s....
Dan. Urb. Bl. & P. 1st m.
7s, g.
Denver Pac., 1st m.7s,
ld.gr.,g.
102* Denver & Rio Grande 7s, gold.
Detroit & Bay City 8s, end
*t70
106*! Erie & Pittsburgh let 7s
99

.

do conv
do
assented.

Am. Dock & Imp. bonds

113*

San Joaquin branch
Cal. & Oregon 1st
State Aid bonds
Land Grant bonds..
Western Pacific bonds
Southern Pac. of Cal., 1st ra.
Union Pacific, 1st mort. b’de
do
Land grants, 7s.
do
Sinking fund...
Pacific R. of Mo., 1st mort...
do
2d mort
do
Income, 7s.

years..

75
35
35
40
20
20
36
45
29
90
90
32
40
38

33

....

108* 108*

do 1st consol..'
do
isseated.

do

tl02

••«••••

,.

48

101
84
75
103
111
115

100
80
65

#

..

?sH

70
46

•

....

7s, 20

70
57
70

56*

,

CITIES.
Albany, N. Y., 6s, long
Buffalo Water, long
Chicago 6s, long dates
do
7s, sewerage
do
7s, water

2d

80*

registered

109* Un. Pacific, So. Br 6h. g..
West Wisconsin 6e,g.,ne\v

Miscellaneous List.
(Brokers' Quotations.)

L,6*l°6*

5*

SO %

BONDS.

►a

i'14

30

5

small

-

54*

28*

....

7106

m.

6s, 1917, coupon
68,1917, regist’d
Central of JN. J., 1st m., ’90




io3*

1830....

do
1888....
cons., mort., g’d bds..

• •

•

8*

‘21

....

consol, m. 7s
312*
5s sink, fund
92
Ch.Rk.I.&P. .s.f .inc.6s,’S5. 7107

do
do
do
do
do

109*

..

•

---

t

do
do

do
do
do
do
do

106*

*

33*

6s, new series.
Virginia 5a, old
6s, new bonds, 1S66
5s,
do
1867
58, consol, bonds
5s, ex matured coup
6s, consol., 2d series
6s, deferred bonds
D. of Columbia 3*65s, 1924.

*
-

slg

35

103
Long Dock bonds
106
ioo* iio*
STATES.
Buff. N. Y. & E, 1st. m., 1916...
107
109
110
Alabama new consols, A.
Han. & St. Jo., 8s, conv. mort.
t 98
97* 97*
63
Illinois Central—
B, 5s
tl04* 105*
C
Dubuque & Sioux Clty,1 st m. 100
fi05
107
do
38
7s, river lmprovem’t
do
do
Georgia
6s, 1878-’S9
2d div. *102
tl04*
00
Cleveland 7s, long
S. Carolina con. 6s
Cedar F. & Minn., 1st mort..
HP
(good).
87* 89* Detroit Water
Works 7s
Rejected (best sort)
Indlanap. Bl. & W., 1st mort... 721
H10
111
Elizabeth
Texas
do
City, 1880-1905
do
6s, 1892
2d mort..
M.&S.
80
175
do
Lake Shore—
1885-93
7s, gold, 1892-1910.. J.&J.
175
79
Hartford 6s, various
Mich S. & N.Ind.. S.F.,7 p.c. 110
78,
gold.
1904
104
J.&J.
107
158*1160
Cleve. & Tol. sinking fund..
10s, pension, 1894.. J.&J.
Indianapolis 7-30s....
1105
107* 110
107*
Long Island City
do
^.
new bonds....
t....
90
CITIES.
Newark City 7s long
94* 95
Cleve. P’vllle & Ash., old bds
1107
108
103*
Atlanta, Ga., 7s.
do
Water 7s, long.... till*
do
do
new bds
110 1>0*|
8r..
Oswego 7s
Buffalo & Erie, new bonds...
U0u* 101*
111* Poughkeepsie Water
Waterworks
Buffalo & State Line 7s
tlLO
7ioi
111* Augusta,Ga.,7s, bonds...
Rochester C. Water bds., 1903.
Kalamazoo A W. Pigeon, 1st 799
till* 113
Charleston stock 6s
Toledo 8s. lS89-’94
Det. Mon. & Tol.,1st 7s, 1906
t-106
104*
Charleston. S. C., 7s, F. L.
Toledo 1-308.
Lake Shore Dlv. bonds
98
110* Yonkers Water, due 1903
Columbus, Ga., 7s, bonds.
do
Cons. coup.. 1st.
109
iii*
132*
Lynchburg 6s
do
Cons, reg., 1st.,
111*1112
Macon bonds, 7s
RAILROADS.
do
Cons, coup.,2d., 103
Atchison & P. Peak, 6s. gold..
Memphis
bonds C
40
128
45
do
Cons, reg.,2d,... 103
Boston & N. Y. Air Line. 1st m
Ronds A and B
101
103
Marietta & Cin. 1st mort
Bur. * Mo. Rlv., land m. 7s....
Endorsed,M. & C. RK..
Mich. Cent., consol. 7s, 1902....
1)2* Mobile
T‘. Ill*
do
27
convert 83. var. ber.
5s (coups, on)
do
UO
1st in. 8s. .882, s. f.
111 Jill* Cairo & Fulton, 1st 7s,
8s
gold..,
do
(coupons on)
72* 74
equipment bonds.
California Pac. RR., 7s, gold
ie* 20
6s,
funded
95
98
New Jersey Southern lstm.7e
do
6s, 2am. g
Montgomery, new 5s
85
81
N. Y. Central 6s, 1883
Central of Iowa lstm. 7s,gold
New 8s
7104*il05*
3.9
35
do
68, 1887
Keokuk & St. Paul 8s ...."
105*'
Nashville 6s, old
do
OV tioi ' 101*
104
6s, real estate.,
6s
Carthage & Bur. 8s
new
* flOl
do
6s, subscription, 104
104* Dixon Peoria & Han. 8s.. <8 S3 tl02 101* New Orleans prera. 5s
do & Hudson, let m.,
u
O. O. & Fox R.
48
coup 117
118*
Valley
“
Consolidated6s...
8s.
do
do
tilt* 112
lstm., reg.
IH
Gulncy & Warsaw 8s
Railroad, 63.
Hudson R. 7s, 2d m., s.f., 1885
tuo* HI*
1
Illinois Grand Trunk
1*
Wharf imrrovem’ts, 7-31'
Canada
South.. 1st guar..
HI*
110*
3?* 40
Iowa
R. 8s.... J
73* Chicago &
Norfolk 6s
05
Harlem, 1st mort. 7s,coup...
Chic. & Can.South lstm.
Petersburg 6s..
g77s. 21
25
do
do
7s. reg...
120
120
Chic. & East. 111. 1st
8s
mort., 6s.
62
(5
North Missouri, 1st mort
1104^1105
do
.2d m. inc. 7s.
26
Richmond 6s
18
22
Ohio & Miss., consol, sink. fd.
Chic
& Mien. L. Sh. 1st 8s.
«7* 98*;
25
Savennah 7s, old
’89.
do
consolidated....
9<* 97* Chic. & S’thwestern 7s, guar.. |95
71
69M
7s, new
91
do
2d do
Cin.
00*'
Lafayette
&
786
Chic., 1st m..
65
Wllm’ton,N.C.,6s,g.) coup
do
1st Spring, dlv..
Col.
&
Hock
V.
1st
727
7s, 39 years, 103
8s, gold
S on.
105
Pacific Railroads—
do
1st 7s, 10 years,
RAILROADS.
99
Central Pacific gold bonds..
do

79^
3*

La. & Mo., 1st m., guar..
97* 100
St.L.Jack.* Chic., 1st m. 7107*
Chic. Bur.* Q. 8 p.c.,lstm
HI*

do
do
do
do
do
do
do
do
do

t

Western Union Tel.
do
do

115

-

«*

1869

do
do

....

32*
...

6s,old.
68, new

....

ex cocr

Chicago * Alton

Ch.Mil.*

reg....

T ranessee

70
70
50
iO

..

7s of 1883
Non-f undable bonds

18

14*

MISCELLANEOUS STOCKS

1879....
1883.

tii

Ask.

44
2?
27
28
48
40

...

.

Consolldat’n Coal of Md..
Cumberland Coal & Iron.
Maryland Coal
Pennsylvania Coal
Spring Mountain Coal....
Mariposa L. & M. Co
do
do
pref.
Ontario Silver Mining....

do

7s,
7s,
7s,
7s,

* *

....

Mlscel’ous Stocks.

Atlantic & Par*,. Tel

do

103 J4

do
OhliSs. 1881

*

•

..

Rensselaer & Saratoga
Rome Watertown & Og.
St. Louis Alton & T. H....
do
do
pref.
Belleville* So. Ill., pref.
St. L. I. Mt & Southern...
St.L. K. C. &

do
do
do
do.

78,

do
do
do

104
104

•

•

Long island

,

Saratoga, 1st

10314

-

•

Bid.

.

* *

120

Funding act, 866
ao

-

•

120
120

.

Missouri Kansas & Texas.
New Tork Elevated RK..
N. Y. New Haven & Hart.
Ohio* Ml»slss!npl,pref
Pitts. Ft. W. & Ch., guar..
do
do
special.

do
Joliet &

102
24

2d
3d
4th
5th

*

Special tax, Class 1

+

Harlem
Joliet* Chicago..
Kansas Pacific

Am.

10s*
103
106

Erie, let mort., extended,

82

Central Pacific

Chicago* Alton
do
pref

AND

.....

8BCUKIT1K8.

Ohio 6s, 1836
Raode Island 6s, cp., ’93-1
Smth Carolina 68..
Jan. & July
April & Oct
Funding act, 1866
LandC., 1389, J. & J
Land C.. 1889, A. & O....

*

.

New bonds, J. & J
do
A. & O

...

..

..

104*
10 i*

Ask.

113
113

do
A. & O
do coup, off, J. * J
do
do’ off. A. & O
..

100

1888.
do
1S89 or ’9J....
Asylum or Un.,due 1892.
Funding, due 1834-5...
Han. & St. Jos.,due 1886..
do
do 1887..

Bid.

.

103

do

SKOURITIKS.

.

25

69

1886.
1887

BONDS.

New York State—
6s, Canal Loan, 1878
48, gold, reg
1837
5s, do coup.. 1887.
5s, do loan... 1883
58
do
do
1891...
Ss, do
do
1892
6s, do
do
.1893
North Carolina—
6s, old. J. & J.
do
A. & O
N.C. RR
J. & J

6s, 1883
7s, 1890

do
do
do
do

*

..

*70*

Missouri 6s, due 1S78
do
do
1882or’83.,..

.

IN NEW YORK.
Prices represent the per cent value, whatever the
par may be.

Ask.

50
50
50
50
50
50
50

do
do

do
do

01

•

Bid.

Louisiana 6s.

.

100
107
101
100
100

Kentucky 8s

.

i1ftt

99*

..

t

...

20
3
3
3
3
3
108

...

9

SECURITIES.

—

....

.../
9
20
20

8s of 1892
86 of 1893

Arkansas6s.funded.

—

43
43
43
43

BONDS

previous page.

on a

[Vol. XXVII.

84
65
05
50
20

108
198

100*;

101
101

*95
95
74
4Q

12
95
90
95
70
100

72
101

‘80

85*

22

30

20

August 17,

THE CHRONICLE.

1878.]

NEW YORK

169

SECURITIES.

LOCAL

Bank Stock List.
Companies.

Capital.

Insurance Stock List.

Dividends.

Surplus
latest
dates. 5

’

PrtTCE.

at
are not

Par

Nat’l/

Amount

Period 1876. 1877.

Last Paid.

|as1c.

Bid.

»

America*.

3,000,000 1,525,700 J. * J.
Exchange 100 5,000,000 1,2-5/00 M. & N
Bowery...
10G
250,000
184,400 J. & J.
25 1,000,000 1,100,760 T.& J.
Broadway
Am.

9
7
12
68
10
8

.

8

.

....

.

July, ’78.'3

Sept.

10
6

May, *78.
July, ’78.

•

•

•

•

•

Oct.,

;

.

•

•

•

....

....

.

...

.

225
340
95

•

July, ’78.
6)6 July, *78
10
May, ’78.
7
Apr., ’78.
Feb., ’74.
6
May, ’78.
6
May, ’77.
7
May, *78.

3
3
5
3
5
6

82

3

90
'

3
7
14
8

96)6

*

*

116

....

•

"to

Jan., *77. 3

July, *78. 3)6 ioo

July,
July,
6)6 Jan.,
12
July,
8

Aug

,

’78.
’78.
’78.
’78.
’78.

7
4
3

7)6
9

2)6
7k
6

7)6
6)6

5
4

140

.111 lv

’75

ai/C

Jan.,
July,
July,
May,
Nov.,
May,
July,
Julv,

’76.
’78.
’78.
’77.
’77.
’78.

5

10
6

*

*

'85

3)6 100)6

4

130

2k
3)6
3
75
’78. 3 123)6
70
’77. 3

95

120
85
110

80

July, ’77. 3
July, ’74. 3k
July, ’78. 5

11
12
6
10
6

75

100

Aug , ’78. 2)6 124.
July, ’78. 3

July,
July,
July,
6)6 Aug.,
6)6 Aug.
3
July,
10
July,

’78.
’78.
’74.
’78.
’77.
’78.
’78.
’78.
’78.
’78.
’78.

81

t

3)6
83

3

2)6

3
4
Ju y,
5
3
July,
May,
3)6
Jan.,
3
Jan., ’78. 4
May, ’78. 5
July, ’78. 4

10
7
7
8
9
8
8

,

91

4

3

Firemen’s
Firemen’s Fund
Firemen’s Tr..
ioo
Franklin
German-Amer. 100
50
Germania
50
Globe
25
Greenwich

Guaranty....... 100
100
15

Hamilton
Hanover
Hoffman
Home

50
50

100

25
50
Importers’* T.. 50
Irving
.... 100
30
Jefferson
Kings Co.(Bkn) 20
40
Knickerbocker
Lalayette(Bkn) 50
100
Lamar..
25
Lenox
LongIsl.fBkn.) 50
25
Lorillard

Hope

Howard

126
50

7)6 July, ’78. 3)6 108
8
July, ’78. 4
8
A ug„ ’78. 4
3
Jaw., ’77. 3
6

83)6

,.

.,

Manuf,* Build. 100
Manhattan
100
Mech.&Trad’rs
25

Mech’ics’(Bkn)

#

Nassau

(Bklyn)

National...
37k
N.Y. Equitable 35
New York Fire 100
N. Y. & Boston 100
New York City 100

Park
126

Peter Cooper...

People’s

Phenix (Bklyn)
Produce Exch!
Belief

i40
...

...

Republic

Ridgewood

100

Rutgers’

25
100

Safeguard

St.Nicholas....

Par.

Rate,

Amount. Period.
j

/Brooklyn Gas Light Co

-Citizens’Gas Co (Bklyn)
do
sertlfl cates

.......

„

Harlem

Jersey City & Hoboken
Manhattan

Metropolitan
ao

certificates

Mutual, N. Y
do

bonds

■Nassau, Brooklyn
do

scrip

New York

'People’s (Brooklyn)
ao

do

do

do

bonds
certificates.
•Central of New York
„

Williamsburg
do

25
20

1,200,000
1,C00
320,000 A.&O.
50 1,850 000 F.&A.
20
38 <,000 J. & J.
50 4,000,000 J.& J.
100 2,500,000 U.& S.
Y r. 1,000,000 M. & S.
100 5,000,000 Quar.
1,000 1,000,000 F.& A.
25 1,000,000
Var
Va*.
700,000 M.&N.
100 4,000,000 M.&N.
10 1,000,000 J. & J.
1,000
325,000 M.&N.
Var.
300,000 J. & J.
50
466,000 iF.& A.
50

scrip

Var.

Metropolitan, Brooklyn
'Municipal

Var.
Var.

2,000,000

100
100

1,000,000 Quar.
1,000,000 J. & J.
1,000,000 M.&N.

1,500,000

Standard
Star

Sterling

Stuyvesant

Tradesmen’s....
Date.

Bid. Ask

*

Broadway A Seventh Ave—stk..
1st mortgage

Brooklyn City—stock..
1st mortgage

Broadway (Brooklyn)—stock...
Brooklyn A Hunter's Pt—stock.
1st mortgage bonds
Bushwick Av. (B'klyn)—stock,
tientral Pk„ y.A E. River—stk.
Consolidated mortgage bonus.
Dry Dock, E. B. A Battery—stk.
1st mortgage,conn’d

Eighth Avenue—stock
1st mortgage
Zd St. A Grand St
1st

Apr
July,
3)6 Apr.,
3
Feb.,
7k July,
5
June,
,

’78 145
’78 x73

’78

95

’78 70
’78 150

*78 180
5
Aug., ’78 130
3 k Aug.,’78 103
1k July, ’78 72
3kg Aug., ’78 95
3
July ,’78 72
3)6 May, ’78 93
4
May, ’78 90
3k Jan., ’76 20
90
3)6
3)6 July, ’78 70

3)6 Feb., ’7b
lk Juty, ’78
3)6 Ju>y, ’78
2k May, ’76

155
80
100
80
160
185
135
104
76
102
76
97
95
30

96)6

80
96
60

80
85
90
100
67

95

98

Houston, West st.APav.F’y—stk

1st mortgage
Second Avenue—stock.

Sd mortgage
Cons. Convertible
Extension
Sixth Avenue- stock
1st mortgage
"Third Avenue— stock
1st mortgage...

1 wenly-third Street—stock

100
100

1,000
100

100

1,000
100
500
100

1,000
1.000
500&C.
100

1,000
100

1,000
100

Ik July, ’78

7

Q-J.

J.&D.

Q-F.

M.&N.

Q-J.
A.&O.
J. .& o.

?*

3
3
7

500 000

i,8o6’66o

J. & J.

1,000 1,200,000 J.&D.
100 1,200,000 Q-F.
500&C
900,000 «J. & D

1,000
...

*

900,000
694,000 J. & J.

100 2,100.00C
1,000 1,500,00C
10
2,000,000
1,000
300,000
100
200,000
100
400,000
1,000
300,000

100

Jerry—stock

mortgage
Central Cross lawn- stock.
1st mortgage

100

1,000

1,000,000
203,000
748,000
236,000
600,000
200,000
250,000
500,000
1,199,500
150,000
1,050,000
200,000
750,000
415,000

J.& J.
J. & J,.

M.&N.
A.&O.

3
7
2
7
0
7
6

7

J’ly,1900 92
July, ’78 05
June, ’84 98
Aug., ’73 160
Nov., ’80 104
July, ’78 185
Oct.. ’70 70
100
1838
80
July. ’78 55
1902
97

Aug., ’78
June, ’93 101
Ju y, ’78
Jan., ’84 100
May, ’78 115
Apr.,’93 105
•

•

•

•

25
95
68

101k

175
110
150
85
102
90
60
100
86

j.

&

j.

Q.-F.
A.&O.
M.&N.
A.& O.
M.&N.
J. & J.

2,000,000 Q-F.
2,000,000 J. & J.
600,000 J & J.
250,000 \f

7
7
2
7
7
7
5
7
10
7
4
7

NovJ.904

July,
Apr.,
Apr
May,
,

’94
’78

’85
’88

50

_

170,985 20
19,550
50,864 io*
432,403 10
125,071 12
418,974 30
103,690 20
207,114 20
112,290 20
656,319 15
11,261 5
61,535 10
+33,061 10
73,072 11
209,231 20
119,037 12k
19,411 10
169,443 11-0

200,000

200,000
300,000
500,000
350,000
200,000
200,000
150,000
150,000
1.000,000

200,000
200,000

300,000
200,000
200.000

200,000
200,000
200,000
800,000
200,000
200,000

162/22 12k
54,227
150,216
181,242
237,990
196,307
414,028

150,000'

250,000
800,000
250,000

10
20
20
16
10

20

20
25
10
20
20

.

•

65
85
140
100
65

•

100

....

....

130
130
55
130
165

AUg. ’78.
July, '78.
July, ’78
July, ’77.
July, ’78.

•

•

T

7k
5
5

5

10
20
10
10
10
10
12
12
13
10

20
10
20

10
10
20
10
12
20
30
20
10
20
18
20
14
20
17

July, ’78* *5 '

Jau., ’7a. 5
JUlV, ’78. 8
July, ’78. 5
Ju y, ’78 5
July, ’78. 8
July, ’78. 5
Juy, ’78. 6
July, ’78. 5
July, ’78.10
July, ’7b.l0
July, ’78. 5
July, ’78. 8

260

....

50
60

-

V

70

120

....

127
90
110
100
100
80

135
97
114
65
110
110
87

....

•

•••

•

•

•

•

•

•

• B

•

90
150
105
95

140
1(10
90
150
80
125
100
160
100
bO

85
140
108
170
90
145

135

’78. 5

120
.

•

•

102

i 05

185
130
Aug.. ;78. 7
60
10
io
July, ’77. 5 ' 55
10
12
110
July, ’78. 5
12
11
110
Apr., ’78. 5
30
20
July, ’78.10 210
20
20
July, ’78. 6 105
20
20
Julyj ’78.10 180
20
18
110
July, ’78. 6
20
20
110
Juy, ’78. 6
8k
3k J»n., ’77. 3k 50
10
10
July, ’78. 5
10
10
70
July, ’78. 5
13
12
90
J11 ly,' ’78. 5
25
20
150
July, ’78.10
15k 16
July! ’78 8
10
10
60
Aug., ’78 5
11*55 1235 July, ’78.6-23 120
'
15
100
i7k July, ’78. 5
10
10
Aug., ’78. 5
20
10
120
July, ’78. 7
25
20
July, ’78. 5 125
10
10
July, ’78. 6 125
10
10
100
Aug., ’78. 5

150
65
110
120
240
115

125
70

...

•

•

20

<20

•

Jd7

■

80
125
107
95
.

.

^

•

•

•

•

185
114

190

July, ’78.10

.

200

Over all liabilities, including re-insurance, capital and
rcrip. t Inclusive of
Mgure* Mith a minus sign before them show that the company i3
impaired to that extent.

scrip.

City Securities.
[Quotations by Daniel A. Moran, Broker, 40 Wall Street.]
Interest.
Rate.

Ntio York:
Water stock

1S41-68.

do

1854-57.

Croton water stock. .1845-51.
do
do
..1852-60.
Croton Aqned’ctstock. 1865.
do
do

pipes and mains...

reservoir bonds
Central Paik bonds. .1853-57.
do
ao
..1853-65.
Dock bonds
1870.
do
1:75.
Floating debt stock— 1860.
Market stock
1865-68.

ImprDvementstock.... 1869

do
co
....1869.
Consolidated bonds
var.
Street Imp. stock
var.
do
do
var.
New Consolidated
Westchester County

5
0
5
6
6
7
0
5
0
7
0
0
7
0
7
6 g.
0
7
6 g7

Months Payable.

Price.

Bonds
due.

Bid. Ask

Feb., May Aug.& Nov. 1878-1880 100
do
do
do
do

do
do
do
do

1878-1879
1890
1883-1990
1884-1911

100

101k
103
104

do
do

1878-1898
1877-1895
1901
May & November.
1898
Feb.,May, Aug.& Nov.
1878
May & November.
1894-1897
do
do
1889
do
do
1879-1890
do
do
1901
do
do
1888
do
do
1879-1882
1890
January & July.
do
do
1894

101
100
110
100
100
117
105
102
108

102k

102
1(8
100

100k

10S
117
108
103
107
117

1884-1900 109
May & November.
Feb., May Aug.& Nov. 1907-1911 107

do
do

101
102
102

108
101
118
100
114
109
105
1(5
100

107

[Quotations by N. T. Beers, Jr., Broker, 2)4 Wall st.]
Brooklyn—Local JLmpr’em’t—
City bonds

do

7
7
7
7
7
0
0

...

do

•

Bridge

•All

7
0
0
6

January & July.
do
do
do
do

do
do
do
do
do
do

do
do

May & November.
do

do

January & July.
do

do

Brooklyn bonds flat.

.

*

1878-1880 101
1881-1895 105
1915-1924

1903
1915
1902-1905
1881-1895
1880-1883
1880-1885
1924
1907-1910

104
113

11094

llg*

lie*

108
104

103
102

100k

107

iJgg

107
108
106
103

108

[Quotations by C. Zabbibkib, 47 Montgomery St., Jersey City.]
Jersey (Jay—
Water loan, long
100
100

-

-

....

July,
July, ’78.10
July, ’78. 5
July. ’78.10

,

130
110
50
110
55
125
155
125

117
140
108

July, ’78. 7
July. ’78. 5
July, ’78. 7k
Jan.. ’77. 5 "
Juy. ’78. 3k
July, ’78. 7k
July, ’78. 5
luly, ’78. 5
July, ’78. 5
July, ’78. 5
July, ’78 5
Julv, ’78. 5
July, ’78. 5
Mar., ’78 5
July. ’78.10

tr

t

•

115
125
103
40
100

5

f

io
30
20
40
5

•

10
20
10
10
10
10
12
12
10
10
20
10
20
10
10
20
10
11
14
30
20
10
20

19,135 10

RO.COO

•

•

•

•

15
15
12
10
12

10
30
‘<0
40
•

July,
July.
July.
July,

....

V

500,COO 144,783 12
108,807 12
200,000
41,245 il3
200,000
200,000 +298,081 10
150,000 199,066 20
21,568 20
280,000
150,000 162,772 20
200,000 126,421 10
51,864 10
150,000
200,000 +294,750 16
81,507 10
300,000
200,000 201,431 10
250,000 227,280 14
200,000 272,201 30
150,000 183,521 10
54,368 10
200,000
200,000 170,808 20
114,891 20
200,000
200,000 184,751 20
12
115.836
200,000
210,000
332,142 20

Park bonds

Oct.. ’83

-

•••••*

City bonds
Kings Co. bonds

95

-

Bid. Ask.

•

Water loan.

13
84

10
15
15
10
4
10
20
20
20
20

—

-

Price,

Last Faid.

6o"
’78. 5
’78. 3k
130
’78. 7
15
’78. 5
Jan., ’77. 4
July. ’78. 5
June ’78.10
185
Aug, ’78.16 190
July, ’7.8.10
July, ’78.10 170
17k Aug. ’78.5*72 120
18
July. ’78. 8
120
5
50
July, ’77. 5
5
Jan., ’77. 5
55
25
July, ’7b. 8
12 50 July, ’78.6 75 158
20
Apf.. ’78.10 200
14
July, ’78. 5 105
3
Jan., ’77. 3

10
25
15
10
517 8
8
78,642 10
10
415,501 30
20
807,980 20
20
20
209,780 30
+493,435 20
20
178,940 '20
20
145,720 20
20
10
2,022 10
10
10
172,204 20
25
+1006519 9 80 11-45
517.688 30
30
102,433 14
14
—11,973 10
10
111,728 15
20
154.588 12k 15
90,569 19
15
13,386 10
10
87,581 12
12

200,000
200,000
200,000
204,000
150,000
150,000
200,000 —12,658
1,000,000 720,101 10
500,000 679,890 10
200,000 129,778 18
200.000 321,187 55
200,000
83,298 10
200,000
150,000 137,207 20
500,000 599,219 10
95,223 10
200,000
3,000,010 1,179.042 10

Bridge bonds....

92)6

May, *77 50
July, ’90 105
Aug., ’78 103
July, ’90 95
Aug.,’78 95

10

200;000

Park bonds
Water loan bonds

.

M v. ’93 TOO
1,000
mu
♦This column shows last dividend
jon stocks, hut the date of maturity of bands.




Westchester...
Williamsb’g C

1,000,00
300,000

102

40

M.&N.

United States..

25
50
100
’00
25
25
25

.

5
3

[Quotations by H. L. Grant, Broker. 145
Broadway.]
BlMclc.tr St.dk Fult-onterry—stk.
1st mortgage..

50
25
25
100
20
50
50
100
50
100

Pacific

106)6

Gas and City Railroad Stocks and
Bonds.
[Gas Quotations by George H. Prentiss,
Broker, 80 Broad Street.]

Companies.

50
50
50
50
50

MercantileMerchants’.
Montauk (Bkn)

Niagara....
North River....

#

5 The figures in this column are of date June
29th for the National hanks, and of
date June 22d for the State
hanks.

Gas

50
17
10
10

Guardian

*

Jan., ’16. 3)6
July, ’78. 5
July, ’78. 3
May, ’78. 2 k

...

200

193

*

....

ioo

lommerce Fire

50
Commercial
Continental.... 100
40
Eagle
Empire City... ioo
100
Emporium....
30
Exchange
....

83)6

250,000
300,000
200,000
200,000

30

Farragut

ii2

3)6

....

.

•

210.000

ioo

Clinton....
Columbia..

118)6

118

77, 2)6

12

.

«

4

•.

10

...

« .

Citizens’.

.Tan.,’ ’76. 3
76
10
Aug.. ’78. 5
120
6)6 July, ’78. 3)6 90
July, ’76. 3

200,000
200,000
300,000
200,000
153,000
300,000

50
25
25
17
20
70

City

....

.....

*

iooi

5

1875. 1876. 1877

28,316 10
200,000
13,981 14
200,000
400,000 1560,904 >5
73,779 TO
200,000

loo

..

i00>6

’78.15

25

ioo

Amity..
Atlantic...
Bowery...,
Broadway.
Brooklyn..

95

Dividends.

Surplus,

Amount

American.
50
American Exch loo

....

6)6 July, ’78 3

'

«

Adriatic...
jEtna

135
104

103

Ju y, ’78.
3)6

9
ICO

’

«

par.

....

'

.

Ju’y,
July,

8

....

.

4
8
’78. 5
’78. 8
’77. 4

July,

16
8

....

....

July *7s.
May, »78.

,5)6
12

Butchers* & Dr. 25 500,000
38,600 J. * J
Central...
100 2,000,000
30 \800 J. * J.
Chase
300,000
17,000
Chatham
25
450,000 156,000 J. & J. 10
Chemical
10(1
300,000 3,100,500 RI-m’ly 100
Citizens’
25
8
600,000 150,800 J. & J.
City
100 1,000,000 1,564,800 M.&N. 20
Commerce
100 5,000,000 2,723,300 J. & J.
7
Continental.... 100 1,250,000 297,100 J. & J.
3
Corn Exch’ge* 100 1,000,000
76 *,20G F.&A. 10
East Elver.....
25
250,000
52,600 •J. & J.
11th Ward*....
25
6
100,000
13.0C0 J. & J.
Fifth...,
100
10
150,000
49,0^0 Q-J.
Fifth Avenue” 1(M)
100,000 145,000
First
100
500,000 1,244,000 Q-J.
12
Fourth
100 3,500,000
985,000 •J. & J.
7k
Fulton
30
600,000 444,800 M.&N. 10
Gdllatln
50 1,500,000
672,100 A.& O.
German Am.*. 100
750,000
40,700 F.& A.
German Exch.* 100
200,000
43,K00 May.
6
Germania*.
100
39.800
M ay.
200,000
7
Greenwich*.... 25 200,000
15.600 M.&N.
8
Grand Central* 25
nt\
97,600
Grocers*
40
25,000 J. & J.
300,000
8
Hanover
100 1,000,000
145,800 I. & J.
3
Imp.& Traders’ 100 1,500,000 1,685,300 J. & J. 14
50
Irving
500,000 108,300 •T. & J. 10
Island'City*...-. CO 100,000
8,500 J. & J.
Leather Manuf. 100 600,000 415,700 J. & J
12
Manhattan*..
50 2,050,000 1,103,000 F.& A
9
Manuf. & Mer.* 66 100 000
10,100 J. & J.
Marine
100
4o6’6n6
5
77,200 J. & J.
Market
100 1,000,000
8
287,100 J. & J.
Mechanics’..... 25 2,000,000 8^5,700 J. & J. 10
Mech. Assoc’n. 50
3
500,000
81,200 M.&N.
Mech’ics & Tr. 25 600,000
9
89,200 M.&N.
Mercantile
100 1,000,000
8
172,600 M.&N.
Merchants’.
50 2,000,000
8
684,300 J. & J.
Merchants’ Ex. 50 1,QQ0,000 217,600 J. & J.
8
Metropolis*.
100
too, 000
45,900 J.& J.
9)6
Metropolitan.. 100 3,000,000 871,500 J. & J. 10
Murray Hill*.. 100 100,000
90,000
Nassau*
100 1,000,(UK)
55,200 M.&N
6)6
New Yors
100 3,000, W0
747,000 »J.& J. 10
N. Y.County.. 100
200,000
80,
>00 J. & J.
4
N. Y. N. Exch. 100
300,000
79,200 F.& A.
3)6
Ninth
100
750,000
24,100 J. & J.
6
No. America*.. 70
700,000
29,500 J.& J.
7
North River*.
50
240,000
85,000 J. & J.
Oriental*
25
165,800 J. & J. 12
300,000
Pacific *
50
422,700 219,500 Q-F.
12
Park
100 2,000,000
243,200 J.& J. 10
Peoples’*
25
412,500
155,000
•J. & J. 10
Phenix
7
20:1,000,000 141,700 J. & J.
Produce*
100
1,000
200,000
Republic
100 1,500,00)
316,! 00 F.& A.
St. Nicholas...
100
162,000 F.&A.
8
Seventh Ward. 100 1,000,000
300,000
6
49,100 •J. & J.
Second ...s
100
300,000
12
6*5,100
J.&
J.
Shoe & Leather 100
20 *,500 J. & J. 11
1,000,000
Slxih
1001 200,000
46,800 J.& J.
8
State of N.Y" 100
800,000
195,900 M.&.N.
Third
.* 100 1,000,000
nil.
8
J.
J
Tradesmen’s... 40 1,000,000 309,400 J. &
& J. 10
•Union
50
694,200 M.&N.
9
West Side*.....’ 100 1,200,000
200,000
8
87,000 J. & J.
..

Net

Capital.
Companies.

do

1869-71.
Sewerage bonds
1866-69.
Assessment bonds... 1870-71.

Improvement bonds

Bergen bonds

1868-69.

6
7
7
7
7
7

January * July.
January & Juty.

1895
1899 1902
do
do
1877-1879
Jan.. May, July & Nov.
1891
J. & J. and J & D.
1M)5
1900
January and July.
,

101
107
100

10Pk
107
105

102
108
101
107
108
106

'

"

170

THE CHRONICLE

[VOL. XXVII.

|mrcstmewts

deposits in the Second National Bank of Chicago, which was
crippled by the great Are of that year, and subsequently wound
AND
up.
These items—consisting of $346,917 as shrinkage on the
real estate, $303,485 of indebtedness heretofore
assumed by the
STATE, CITY AND CORPORATION FINANCES.
Northwestern Union Railway
and
Company,
$39,780 of bad
The Investors’ Supplement is
published on the last Saturday debts, mostly from transportation of iron ore for companies and
of each month, and furnished to all regular subscribers of the firms made bankrupt since the
panic, and for worthless town
Chronicle. No single copies of the Supplement are sold at the bonds, etc.—amount to tbe sum of
$690,153. Should anything
office, as only a sufficient number is printed to supply regular be realized from these assets, it will be duly credited hereafter.
subscribers. One number of the Supplement,
however, is bound Reducing the income account, as it stood on the 1st of June,
up with The Financial Review (Annual), and can be purchased 1877, by the amount of these items, there remains a balance of
in that shape.
$3,668,562. To this add the surplus of the fiscal year, to
wit,
$508,453, and we have the balance of $4,177,015 to the credit of
income account on the 31st of
ANNUAL REPORTS.
May, 1878, as appears in the sum¬
mary of the general balance sheet.
Chicago & Northwestern Railway.
COMPARATIVE EARNINGS.
Compared with the preceding year, the gross earnings
(For the year ending May 31, 1878.)
of the
Northwestern proper and its
Tlie annual report of the business and
proprietary roads were as follows
operations of the in 1876-7 and 1877-8.
Chicago & Northwestern Railway Company and its proprietary
1876-7.
1877-8.
Inc. or Dec.
roads, lor the fiscal year ending on the 31st of May, 1878, From
passengers
$3,378,295
$3,366,678
Dec.
contains the
$11,616

following:

Gross
Total

earnings of the entire properly
charges, including cost of operating, taxes, rent of leased #14,751,062
lines, interest on bands, &c., and sinking funds
1 •.',286,575
Net

earnings

Dividends of
mon

stock

7 per
were

cent on preferred stock
declared during the year,

and 3 per cent
amounting to

Leaving a surplus of
The average number of miles
operated was
increase of 43 70 miles
during the year.
On the 6th of June, 1877, the La Crosse

$2, 464,467

Railroad,

Mississippi River

$508,453

2,036, being

an

including the bridge

Railroad,
across

a

the

Winona, was consolidated with the Chicago
Railway by the concurrent action of both

at

& Northwestern

companies, and thereafter became a part of this
company’s
Its earnings, expenses and fixed charges are im luded.
in those of the
Chicago & Northwestern Railway Company for
the entire fiscal year—from the 1st of
June, 1877—and, therefore,
in all comparisons with the
preceding year the receipts and
disbursements of the La Crosse Trempealeau &
Prescott Railroad
Company, for that year, are merged with those of this
company.

railway.

The total miles of railroad
the 31st of May, 1878, were

at

ihe close of the fiscal
year, on

2,078*14, classed

as

Total

operating

expenses,

follows:

1,615-96

PROPRIETARY LINES.

fixed

.

Division, $530,815; on the Iowa Division, $445,469; on the Wisconsin
Division,
$58,872; on the Madision Division, $416,981 : on the Peninsula
Division, $89,286; making a total of $L,541,425—from which we
must deduct a decrease of
$43,735 on the Milwaukee Division,
leaving the gross increase on the Chicago & Northwestern Rail¬
way proper at $1,497,690—equal to a gain of 12 6-10
per cent for
the year on the gross
earnings of the latter road. The increase
on
the proprietary roads was
principally obtained from the
Winona & St. Peter line, upon
which there was a gain of $217,574, or 38 percent; on the Winona Mankato & New Ulm Road
(a short branch) the increase was $819, and on the Northwestern
Union Railway it wa9 $11,271; while on the Iowa
Midland Road
there was a decreass of $9,394,
making a total gain on existing
proprietary lines of $220,270, or 23 26-100 per cent.
The whole number of
passengers

carried was 3,416,413, against
3,347,853 the preceding year, being an increase of 68,560 passen¬
gers.
The whole number of passengers carried one mile was
118,877,406, and in the previous year 116,902,435; the
average
rate received per
passenger per mile was 2 83-100 cents, against

2 89-100 cents for the

Mil-.s. 327’t'O
3*75

68'80
62-63— 462 18

Total miles of railroad

2,078’14

& Northwestern Railway,

From passengers
....

Freight...
Express

1,748,889
1,341
30,063
9,409

PASSENGERS.

Miles at date of last annual report,
May 31, 1877
1,502-10
Add for La Crosse Trempealeau & Prescott
29*(J0
Add for completion of Maple River Branch Railroad, consolidated....
f 0*15
Add for completion i f Menoin nec River Branch
24 71

The gross earnings of tbe C
icago
exclusive of proprietary roads, were:

Inc..
Inc..
Dec.
Inc..

Net profits
$1,078,226
$2,464,487
Inc $1,386,260
The net earnings of 1877-8 were
$2,464,487,
as against $1,078,226
in the preceding year,
beiDg a net gain of $1,386,260—or 128 per
cent—derived from an increase of
$1,717,960 in gross earnings.
This increase was gained as follows: on the Galena

rCHICAGO & NORTHWESTERN RAILWAY
PROPER.

Winona & St. Peter Rail.oad
Winona Mankato <fc New Ulm Branch
Northwestern Union Rai.way
Iowa Midland Railway

10,754,163
262,420
284,032
83,763

1,956,024

,.

one

distance of twen y-nine miles,

9,005,278
261,078
314,095
74,353

Mails..
Miscellaneous

on com¬

Trempealeau & Pres¬
of this company’s proprietary lines,
extending
from the terminus of the Madison
Extension, near La Crosse,
Wis., to a connection with the Winona & St. Peter
cott

F eight
Express

'

Mails

‘

$2,978,729
If,016,920
218,766

preceding

year.

FREIGHT.

The whole number of tons of
freight carried on the entire lines
of the company was 3,911 261; the tons carri d in the
preceding
year were 3,413.398, showing an increase of 497,863
tons, or
14 59 100 per cent. The
average rate received per ton was $2 75,
against $2 64 in the previous year, being an increase of 4 i7-100
per cent.
The increase of eleven cents
per ton in the average rate
received is ow'.ng to transportation over

longer distances, and is
principally indicative of the fact that the new prairies of Minne¬
sota and the partly
cultivated areas of other portions of our more
$13,583,847 remote and
The operating expenses were
(47*34-100 per cent)
comparatively undeveloped lines are rapidly becom¬
$6,430,873
Taxes
325,252— 6,755,126 ing productive, and are settling up with an industrious and
thrifty people.
From P is amount deduct fixed
The actual reduc ion in rates from those of the
charges,
&c.:
preceding year,
Interest on bond*, gold prem um, interest and
when applied to the large movement of
exchange.
$2,364,020
Rental of Chicago Iowa & Nebraska Railroad
tonnage, is equivalent to
the
545,.*35
sum
of
Rental of Cedar Rapids & Missouri River
$847,927; which amount represents the concession to
Railroad
654,999
Rental of Maple River Railroad
cheap
transportation
made by this company during the past year
12,662
Payments on old G. & C. Union RR. stock
in the movement of
95
freight.
Payments on sinking fund account
The whole number of tons carried one mile
83,120— 3,6S0 454
was 623,768,593,
Net income
against 485,357,900 in the preceding year, being an increased
$3,147,2b5 movement of 28 52 100
263.422

Miscellaneous

76,008

PROPRIETARY roads.

Gross earnings —
Winona & St. Peter Railroad
Winona Mankato & New Ulm Branch
Northwestern Union Railway
Iowa Midland Railway

Less for operating expenses

r

Taxes

Interest

"bonds, gold premium, etc
Sinking funds
on

Net profits for the year
From which deduct dividends
declared, as follows:
3i4 percent on preferred stock, Dec. 3, 1877
3)4 per cent on prefeired stock, May 16, 18?7
3 per cent on common
stock, May 16, 1877

Surplus for the

year

INCOME ACCOUNT.

mile

$791,240

$4,314,481

The entire
amounted

to

EXPENSES, FIXED CHARGES, ETC.
charges appurtenant to the business of the year

$12,286,575, being

1,849,993
$2 464 487

$753,284
753,284
449 466 — 1 95'034

$508,453

company in 1871, for

an

those of the preceding year.
On the Chicago & Northwestern

operating

The amount to the credit of
income account, as shown in the
last annual report, was
$4,358,745,
which sum represented the
balance of accumulated net
earnings,
as against various assets
of the company in former
years.
It has been thought advisable
to reduce tiiis amount
by charging to profit and loss a number of
items embraced in the assets
which have become of
character, and also the shrinkage which has ensueddoubtful
in the
estimated value of real estate taken
by the




The rate received per ton per
1 86-100 cents the previous year.

OPERATING

4,423

280,928
90,622- 1,167,215

$829,244
35,574

per cent.
1 72 100 cents,
against

was

increase of $331,699
proper,

over

the proportion of

expenses and taxes to gross earnings was 49*74 per
cent, and upon the entire property it was 51*66
per cent.
TRACK AND EQUIPMENT.
The ipaterial condition of the
company in
its

respect to

property has fully kept pace with its increase of traffic, and at
the present time the
railroad, in all it< departments, is in a high
state of efficiency.
The company has in operation 756 miles of
steel track,
having laid down 164 miles during the last year,
and the renewal of the
principal lines with steel will 1 e

steadily
continued.
At the present time the
company owns 369 engines and 9,642

cars of all
descriptions,
& St. Peter Railroad.

including the equipment of tbe Winona

CAPITAL STOCK AND BONDED DEBT.

There has been no material
change in capital stock account.
By the terms of consolidation with the La Crosse Trempealeau &
Prescott Railroad, that
company surrendered $500,000 of its
stock, which represented the balance of cost of that
company’s

August 17,

THE

1878.1

CHRONICLE.

railroad over the amount of its bonded debt, on stipulation by
both parties that a like amount of $500,000 of the preferred
stock of the Chicago & Northwestern Railway Company should
be issued in payment therefor, at the convenience of the latter
company. As no occasion has arisen, or is anticipated for the
issue of this stock, the amount is carried forward on the books of
this company as “ capital stock to be issued.”
The following changes have taken place in the bonded debt of
the company during the past year : Various classes of

bonds,
amounting in the aggregete to $238,000, were taken up and
canceled, and a like amount of the consolidated sinking fund
currency bonds, maturing in 1915, were issued therefor.
[The
amount of each class of bonds
outstanding will be seen in the

Investors’ Supplement issued with the Chronicle of
On the 1st of April, 1878, one million of the first

Aug. 31]

mortgage bonds
of the La Crosse Trempealeau &
Prescott Railroad Company, bear¬
ing ten per cent interest, became due and were paid off, and one
million of Chicag} & Northwestern consolidated
gold bonds,
maturing in 1902, were issued in place of the same. A convey¬
ance of the entire railroad and
property covered by the old
mortgage of the La Crosse Trempealeau & Prescott Company
was made and executed
by a supplementary trust deed, to the
Union Trust Company of New York, trustee of the
gold bonds,

in accordance with the terms of the trust in case of
consolidation
with that company.
By this conveyance, the consolidated gold
bonds become a first lien on this portion of the consolidated
line,
in addition to the security afforded
by the original mortgage.
The total issue of
general consolidated gold bonds amounts to

$13,651,000; of these $12,343,000

are

outstanding, $407,000 have

been paid into the sinking fund and
canceled, and $901,000
remain in possession of the
company.
construction account.

The expenditures made

including
$572,807. The s

year,

of construction during the
$36,300 for discount on securities sold, were
on account

m of $196,541 was expended in
building 353
and for new cars in progress. There were also expended
$18,541 for construction on the Winona & St. Peter road, $21,696
on the Noithwestern Union and
$1,005 on the Iowa Midland

*

171

New Construction since June 1, 1864Amount to May 31, 1877..
Amount expended for year ending May 31, 1878
New equipment since June 1, 1864—
Amount to May 31, 1877
jl
Amount expended for year ending May 31, 1878

$20,960,707
572,807- 21,539,514

$3,088,832
196,541— 8,285,373
■

Proprietary Railroads—
Cost, for construction, purchase money, &c., &c

1,635,659

Assets—
Railroad bonds, town bonds, and securities
Capital stock on account Winona & St. Peter Railroad
Winona & St. Peter Railroad 2d mortgage bonds on hand
Menominee River Railroad bonds, on account
Due from express companies
Due from U. S. Government
Due from station agpnts,
earnings and collections
Due from sundry companies and individuals
Bills receivable

..

..

Cash
Materials and fuel

on

193,1 3
100,000
505,000

...

199,626
7,550
74,522

...

488,091
302,462
60,039

*
#

1,723,322

hand

760,705

$77,088,350

Cr.
Common stock and scrip
*.
Less for stock and scrip owned by company

$15,109,655
120,848

•

$14,988,807
$21,702,844
177,211—21,525,602

Preferred stock and scrip
Less for stock and scrip owned by Company.

$36,514,410

(Exclusive of $500,000 of preferred stock, to be issued for La
Crosse Trempealeau & Prescott Railroad stock )
C. & N. W. Railway various issues currency bonds
$12,900,000
Chicago & Milwaukee Railway bonds
1,700,000
C. & N. W. Railway various issues gold bonds
18,193,000—32,793,000
Real estate mortgages on shop and new station
grounds, mostly
due in 1880
228,000
Balance due leased
.

roads in Iowa

203,4 32

Current

bills, pay-rolls and accounts
Outstanding coupons, old dividends, &C-, including coupons due

June 1.1878
Balance of receipts from land grants
Common and preferred stock dividends,
Income Account-

990,037
909,226
10,478
1,202,750

payable June 27, 1878

Balance May 3!, 1878

4,177,015

cars,

Railway.
The Maple River Railroad

fully completed on the 1st Dec.
miles was built by parties inter¬

This branch of 60 15-100
ested in the Iowa leased lines of this
company, and is operated
under lease.
The Menominee River Branch of 24 71-100
miles,
which was also in progress at the issue of the last

report, was
the 1st of Dec. last. The cost of this road, with its
land grant, is represented by
the capital stock and $400,000 first
mortgage guaranteed bonds of the Menominee River Railroad
Company. Of these bonds, $155,000 have been sold, and the
balance of the issue, together with the
capital stock and lands,

completed

is the

The

was

last.

on

property of this company.

report op land

commissioner.

There remained on hand for sale on May 31, 1877,
2,153,071
From this amount there should be deducted 4,123 acres
acres.
of lands contracted to be sold,
leaving actually on hand and for
sale 2,148,95 L acres.
There have been r ceived during the year, on account of the
construction of the Menominee River Railroad,
patents for lands
under the

$77,088,359

St. Paul & Sioux

City.
(For the year ending December 31, 1877.)
report of the connecting road, the Sioux City & St. Paul,

given in vol. 26 of the Chronicle, on page 494.
equipment consists of 15 engines; 6 passenger and 4
baggage cars; 292 box, 63 flat and 10 caboose cars, and one-half
was

The

interest in a business or pay car.
The land department reports the land grant at 926,906 acres,
of which 854,269 have been patented to the
company.
The total
sales up to the end of 1877 were 199,440 acres;

cipal and interest of land contracts,
were 35,475 acres, for $254,983; cash
$185,374. Proceeds of the lands are
ferred stock.
The general statement
Stock
Preferred stock and

sc

receipts

$1,082,756.

on

prin¬

Sales for 1877

received on land contracts,
used in extinguishing pre¬
is as follows:
$2,400,000

ip

2,210,742

Floating debt.

153,162

Profit and loss

27,700

Total

$4,791,608

*

Road, &c

$4,535,131

Stocks and bonds
Real estate and free land contracts
Bills receivable

56,190

197,441
Michigan State Land Grant—the proportion of which
2,845
belonging to said company aggregates 94,247 acres.
These
lands have not been examined or
Total
appraised, and consequently
$4,791,608
are not yet
ready for sale. The total amount of land grant lands
Cost of road was charged with $43,336 during the
year
for
sold, and contracted to be sold, during the fiscal
year, was new sidings and other improvements.
The traffic of the year
92,144 acres, the total consideration for which was $441,721 Of was as follows:
this amount there were sold in
Michigan 15,736 acres, for $48,076,
1877.
1876.
Per ct.
being an average of $3 06 per a°re. In Wisconsin, 1,569 acres, Passengers carried
60,434
59,680
1-3
for $6,006, being $3 83 per acre.o In Minnesota, of the W. & S'. Passenger mileage
2,775,449
18
2,725,036
Tons fieight carried
190,924
136,453
P. R. R. lands, 74,835 acres, for $387,645, being 5 18
2*8
per acre.
Tonnage mileage
16,495 309
03
16,544,909
The total amount of cash received
during the year from sales
The earnings for the year were as follows:
of lands and lots, and interest on contracts for the
same, is
1877.
1876.
Per ct.
$183,963.

There remain
In

unconveyed the following lands, to wit:

Michigan, exclusive of Menominee

In Wisconsin
In Minnesota,

AcT68

R. R. R. lands

613,998
358,192
716.164

In Dakota,

Total

It will be understood, however,
lands to be sold, but not yet deeded.
To the above lands should be

of the Menominee R.

R.

R.

2,131,091

that this acreage includes

added the company’s proportion

lands, which, as above stated, is
a grand total of lands, the title
to which is still in the
company, of 2,225,339 acres, exclusive of
lands in Minnesota which may
be acquired east of the west line
of range 38, in final settlement of contested claims.
acres,

which would make

The sales of lands in Minnesota and Dakota have
increased
beyond precedent, the amount sold in May, the last month of the
fiscal year, having aggregated $117,399, as
against $1,197 in the
month of May, 1877.
Our land

agent at Marshall, Minn.,
reports that nearly all of the Government lands lying along the
line of the Winona & St. Peter Railroad have been
pre empted,
or taken
up by actual settlers.
CHICAGO & NORTHWESTERN

PROPER.—(1,574’80 miles.)
Statement of General Account, May 31, 1878.

Net

$399,203
1:8,521
25,519

$427,217
123,246
23,293

36
9*6

$543,545

$573,7 8
351,677

.4 0

$222,080

7~0

.

Expenses

4i2>36

Total number of acres...

94,237

Freight
Passage.....
Express, mail, &c

337,332

....

earnings

$206,212

The income account

(condensed)

was as

$29,101
206 212

Rents, premiume, &c

7,583

Total
Tax on gross earnings,
Ii tereet and dividends
Loss from fire, &c

$242,8)7
$19,410
194,754
1,032—215,197

insurance, &c
on preferred stock
e.

Balance, Jan. 1, 1878

$27,700

GENERAL INVESTMENT




RR......

103,512
2,400

ast

year :
Mail and Gross
Barn’s. Expenses.

Passenger. Freight. Ml see!.
Ending Jane 30, 1878.
$30,201
$56,769 $3,619
21,049
45,292
4,321
Ending Jane 30,1877...
Increase
9,151
11,477
Decrease
For Six Monlhs
F’m Jan. 1 to J’e 30,’78.
F’m Jan. 1 to J’e 30,’77.
.

$41,213,346

NEWS.

Burlington & Missouri River in Nebraska.—The follow¬
ing statement of. earnings is made for the month of June and for
six months of the year 1878, compared with corresponding time

.

$39,658,019
interest)..
1,449,414

follows:

Net earnines

# .

Add for La Crosse Tremp. & Prescott RR.
(exclusive of
Add for State Lin« & Union
RR., completed in 1876
Add account of old Kenosha Rockford & Rock Island

5*3

Balance, Jan. 1, 1877.

For the month

Dr.
Old Construction—

66

Decrease

..

•

•

•

•

178,253

•

•

•

•

125,809

527,094
259,658

52,443

267,436
*

•

•

•

$90,593

70,662
19,927

701

....

29,733

735,081

29,867

415,335

319,748
184

$55,229
32,898
22,331

•

•

•

•

....

291,254
196,228
95,025
•

•

•

•

Net
Earn.

35,360

87,764
•

•

•

#

2,404
443,827
219,106
224,720
•

•

•

•

172

-

THE CHRONICLE.

Chicago Milwaukee & St. Paul.—In tlie case of Streeter vs.
-*he Chicago Milwaukee & St. Paul
Railway Company, which is a
suit under the late Potter law of Wisconsin to
recover three
times the amount of
overcharge above legal rates for the trans¬
portation of lumber from Fond du Lac to Oconomowoc, the State

|VOL. XXVII,

cowers.
Under his management all arrears of
interest will soon
be paid, as the road is
doing a fair and increasing business.
Annual interest now $29,000;
July earnings, net, $3,500, not
expected to be less per month, but increasing. Floating debt will
be paid in due time and road extended to
Wellston, 115 milep, at
an early
day.” The road, which is of 3 feet gauge, is completed
from Dayton, O., to the

.Supreme Court, on appeal from the Waukesha Circuit, decide
finally that in a suit for such damages, after the repeal of the law
crossing of the Marietta & Cincinnati at
fixing such rates, the plaintiff cannot recover, the saving clause
Musselmans. a distance of 69 miles.
of the repealing act
(the Vance Railroad law, so called) being
Detroit & Milwaukee.—The
insufficient in its
Wayne Circuit Court has decided
language to preserve the rights of the plaintiff to
under the law. Neither can the
appoint Robert P. Toms trustee under the first
plaintiff, without an amendment >lace
mortgage, in
of A. H. Sibley,
to his complaint, recover, as in a
deceased, which is considered favorable to
common law action, for the
-simple excess of such overcharges above reasonable rates. This the plan of reorganization
Receiver Trowbridge's
decision sweeps away all the civil cases for
report for July is as follows :
damages pending Nominal
balance, Jane 20
against the railroad

companies for violations of the Potter law in
passenger fares.
—As to the issue of bonds
by this company this year, 1878, a
member of a German
banking house said to the American
Exchange re; orter: “To my certain knowledge, in March laBt
the St. Paul
Company sold, through a banking house of this city,
$1,080,000 sinking fund bonds at 93. Out of the sum
realized,
the company retired
$210,000 10 per cent equipment and bridge
bonds, and used $250,000 to buy a small railroad in
Minnesota,
about fifty-three miles in
length.
What was done with the
remainder of the money I do not know. In
July of this year the
company sold another lot of the same class of bonds at about
the same price—$400,000 was the
amount, I believe. There has
been no further issue of
sinking fund bonds since that time, to
my knowledge, but recently, in August, the
company sold in this
,-city $1,000,000 Iowa Division bonds at 91. This Iowa Division is
an

extension of the

Iowa & Dakota Division of the
road, which
stops at Algona, Iowa. The extension is to be carried from that
point to Sheldon, in Sioux County, Iowa, a distance of about
eighty-five miles. The road is mortgaged at the rate of $15,000
per mile, although the portion already
finished—twenty-five
miles—was built at a cost of $8 000
per mile.”
—It has been stated at different
times, in communications to
the daily newspapers, that the
Chicago Milwaukee and St. Paul
preferred stock is cumulative; or, in other words, that if 7
per
cent is not paid on this stock out of
the earnings of a certain
year,
it
has a claim on the
earnings of the next year.
dividend could be paid on the common stock until Therefore, no
7 per cent for
all past years had been

paid on the preferred. This statement
erroneous, and the claim of the preferred
stock appears to be limited to each current
year by itself.
The
preferred stock certificates read as follows :
eeems

to

be

plainly

“

This stock is entitled to a dividend of
7 per cent per annum from the net
■earnings for each current yvar.
*
*
♦
This certificate and stock
represented hereby is issued and received subject to all the
terms, conditions
and limitations of the articles of association
of this company.”
The terms and conditions of the articles of
association referred
to in the certificate read as follows:
“
The said preferred stock,
except
dividend of seven per cent per annum, scrip stock, shall be entitled to a
from the net earnings of each current
year, after payment of interest on all the
mortgage bonds, if the company
earn so much during the current
year, and before the payment of dividends to
any other class of stockholders; but the
company may reserve a reasonable
working capital or surplus, before the dividend shall
be declared or paid on
said preferred stock, which
surplus shall not exceed at any time the aggregate
sum of $250,000, over and above
the
or unfunded debt, and the
accrued interest on the mortgage bonds. floating
If the net earnings of the
company
are not as much as 7
per cent in any one year, then the said
preferred stock
shall receive for that year a dividend of whatever
the said net earniDgs are,
after the payment of interest on the
mortgage bonds, and the reasonable
reserve for a working
capital, as above described.
Said preferred stock shall
r.ot have any claim upon
the earnings of any other year, for the
non-payment of
dividends of any preceding year. And whenever the
company earns sufficient,
over and above the
payment of interest on the bonds and the reserve above
named, to pay a greater sum than 7 per cent on said
7
,stock, and per cent on the common stock, then the saidoutstanding preferred
preferred stock shall
share pro rata with the common stock in such
earnings.”

Ciucinuati City Bonds.—Cincinnati,
Aug. 14.—A vote was
taken to-day on the question of
issuing $2,000,000 of bonds for
completing the Cincinnati Southern Railroad, and for
confirming
the contract to complete the road. The total
vote cast was
26,649.
The majority in favor of the measure was
5,800.
Cincinnati Richmond & Fort Wayne.—Suits have been

entered in the United States Circuit Court
against the Cinn. Ham¬
ilton & Dayton Railroad
by the Pennsylvania Railroad Company
and Grand Rapids & Indiana Railroad
Company, for $7,012 each.
The petitions allege that the Cincinnati
Hamilton & Dayton Rail¬
road Company has failed to meet its
obligations
to pay one-third
of the deficiency in the
coupons of the Cincirknati Richmond &

Fort

and

Wayne Railroad Company, of which petition the plaintiffs
the defendant were each

bound to pay one-third.
The Cin¬
cinnati Hamilton & Dayton Railroad
Company,
the
petitions
state,
has refused to pay its one-third share of
the deficits each year
.from 1871 to 1878.

Columbus

Chicago & Indiana Central.—Justice

Harlan, of
the United States Supreme Court,
opened a Special Term for the
Indiana Circuit at Newport, R.
I., for the purpose of trying the
case of the
Pittsburg Cincinnati & St Louis

Railway

Compan/
against the Columbus Chicago & Indiana Central
Railway
Com¬
pany, and Roosevelt & Fosdick.
The counsel who will
argue for
the complainants are Senator
Stanley Matthews, John Scott, the
general counsel of the Pennsylvania Railway
Company, and exGovernor Thomas A. Hendricks. On the
part of the respondents,
the case will be
argued by Judge George Hoadley, of Cincinnati,
Senator McDonald, of Indiana, and Mr.
New York.
The validity of the lease of the C. C. & Southmayd,of
I. C. road and the liabil¬
ity of the lessee on its guaranty of the C. C. & I. C. bonds are
involved in these suits.

Dayton & Southeastern.—Mr. F. Sprague, Auditor and Cash¬
ier, writes the R. B. Gazette : “ On the 8ffi inst.,
upon petition
of the trustees for the bondholders et
al., this road was placed in
the hands of Mr. John E.
Gimperling as receiver, with full




$40,853

Receipts

overcharges for freight and

83,199

Total

$124,053
88,181

Disbursements
Balance, July 31
The disbursements exceeded the
receipts by
amount of receiver’s notes and
certificates

$35,872

$4,981.

The total

outstanding July 31
$346,598.
Hartford Providence & Fishkill.—The New York &
New
England Railroad Company has given definite notice to the
authorities of the city of Hartford that its
bonds, amounting to
$500,000, and held by the city, would be paid October
1, and the
interest cease from
was

that date.

issued in

The bonds of the railroad

were

1856, to run 20 years, bearing 7 per cent interest. The
city, in exchange, issued its own bonds for $500,000, to run the
same time,
bearing 6 per cent interest. In 1876 default was
made in the railroad bonds.
The city took up its issue and made

bonds to run 13 years at the same rate of
interest
In the meantime a
sinking fund was
new

at

maturitv, and

& New England
theirs when the

$252,000; and

pay

as

the old.

provided to cancel the bonds
it now amounts to
$248,000. The New York
Road claim this fund, being an offset, as
bonds are paid. The
city will therefore get
back $343,000, if the claim made is valid.

Illinois Midland.—Richard J. Rees, receiver of this
road, will
Paris, Ill., until August 26, bids for receiv¬
er’s certificates of the amount of
$1,000 each, bearing 10 per cent
interest. The certificates nre issued,
by order of the Court, for
the purpose of paying taxes now due in Illinois.
rIlie amount to
be issued is limited by the order to
and they are made a
$65,000,
first lien on the property.
receive at his office in

Indianapolis Bloomington & Western.—A

meeting of the
board of directors of the
Indianapolis Bloomington & Western
Bailroad Company, a new
corporation recently organized by the
first mortgage bondholders of tbe
Indianapolis
Western Railway Company, has been held to Bloomington &
arrange for the
purchase of the road at a foreclosure sale to take place Aug. 31.
It has been decided to
postpone tbe sale to some future day. A
plan of reorganization has been drawn up, and will be submitted
to the bond and stockholders in a few
days, this p’.an not requir¬
ing any cash assessment on the stock, or the placing of any
preferred mortgages upon the new road, and at the same time
proposing that tbe reconstructed company shall buy up all the
receiver’s certificates, and
pay all other preferred debts of the old
company.

Indianapolis Cincinnati & Lafayette.—Mr. M. E. Ingalls,
receiver, has filed his report for July as follows :
TlPCPlYktR

Balance June 3G

.

Transportation of mails..

TransDortation of express

goods

Sale of old rails and scrap.
Other railroad compan es..

Intereet
Loans
Rents....

Agents and conductors....
Other
,

sources

Total

Balance....

$9,977 C9
11,439 17
3 652 70

4,524 20
10,717 96
19 89

65,000 00
7,631 50
80,431 71
732 74

Disbursements

Supply bills.

$1,906 35

.

Interest
Bond interest

403 22

94,443 50

Loans

47,500 00

Railroad balances
Salaries and wages
Rents
Insurance

Legal

7,43113

expenses

Miscellaneous bills, &c....
Total

41,526 25
1,846 48
153 75
208 73
2,147 46

$197,565 87

$184,150 48
..

$3,438 30

Montclair & Greenwood Lake.—The joint committee of
hold¬
ers of the first and second
mortgage bonds of the Montclair &
Greenwood Lake RR. Co. met and discussed the
report they had pre¬

pared. The plan agreed upon by tbe joint committee, as
reported in
the Times, provides for the
imposition of a uniform assessment, of
6 per cent upon each of the holders of the first and
second mort¬
gage bonds.
This assessment must be paid in cash. In return,
the holders of the first
mortgage bonds will receive first income
bonds at par, and bearing interest at the rate of 6
per cent.
The
holders of the Becond mortgage bonds will receive second
income
bonds for their face value only. The
voting power in the reor¬
ganized company, according to the plan of reconstruction, will be
vested only in the holders of the first income
bonds. It is
reported that if the plan is accepted, and the assessment*of 6 per
cent is paid by each holder of the first and
second mortgage
bonds, the aggregate sum of $150,000 will be realized, which is
said to be sufficient to pay off all liens on the
railroad. The
also provides that the holders of the common Btock of the plan
Mont¬
clair & Greenwood Lake Railroad shall surrender
it, and receive
instead stock of the reconstructed
railway to the amount of 20
per cent of the face value of the surrendered stock.
New York City & Northern*—On July 23, there was recorded
at the Register’s office, in this
city, a mortgage from this
company to George Silsman Scott and Oliver Hazard Palmer,
trustees.
The road runs from the Harlem River
northerly to the
Harlem Railroad at or near Brewster’s, in Putnam
County. It is
the old New York & Boston foreclosed and
reorganized. The
bonds secured by this
mortgage amount to $1,800,000, 400 of

August 17,

THE CHRONICLE.

1878.]

5778811
them being for $500 each, and 1,600 for $1,000 each.
The bonds
dated May 1, 1878, and are due in 1908 at the office of the
company in New York, with interest at the rate of 7 per cent.
Three hundred thousand dollars are reserved from the sale of the
bonds for the purpose of
laying a double

173
Gross

are

track, and for the

purpose

of purchasing additional terminal facilities.

New York Lake Erie & Western (Erie),—Ten
days after
London, New York is permitted to know what the Erie earned
in May last, as below.
The earnings of previous months have
been added, showing the total from
Jaauary 1.
Jsn. 2 to
1878.

/

1S78

Gross earnings

Expenses

Net earnii gs

6781

1S77

$1,172,961

$1,231,095

919,48 i

$253,179

May 31

fS77.

9ilJ,065

$5,872,677
4,401,216

$5,777,702
4.504,741

$305,070

$1,471,431

$1,272,961

Northern Pacific.—The Northern Pacific Railroad makes the
following s atement.sho* in^ the earnings and operating expenses
of its railroad in Minnesota for the
year ending Juue 30, 1873
EARNINGS.

$409,561

1;6 6 5

Mail

14,117
6,"27

Express
Miscellaneous

19,596

Total

Motive power.
Maintenance of cars
Maintenance of way
Conducting transportation...
G.-neral expenses

62,215,775
62,973,328

Thus, if the capital has increased the revenue has not stood
still, even in the very dull times of the last three years.
The increase has been in both
passengers and goods, but the
increase in the passenger traffic has been
greater than in the
goods. Usually this is not so. The goods traffic increases
more rapidly than the
passenger, but when the business of the
country is flat the passenger traffic does not apppear to be somuch affected as the goods.
At one time—in the year 1854—the
goods traffic was less than half the whole traffic; now the
goods
traffic is more than half,
although it is not quite ro large a propor¬
tion as it was a few years
ago, when it exceeded 55 per cent of
the total traffic
receipts; last year it was 5417 per cent.
The passengers and goods, in
money receipts (not including
miscellaneous), in the last three years have been:
Passenger.

$->95,799

Net earnings

Total

Last year for the same period the gross
earnings were
the expenses $336,310, leaving net

Goods,

£25.714,691

1876
1877
'1

$64,803

fromr

£61,237,090
...

EXPENSES.

Freight
Passenger

£33,268,072:

26,163.551
26,534,110

33,754,317

84,109,947
he proportions stand thus,
showing that while tlie passenger
traffic has increased the goods traffic has decreased:
Pioportion to total receipts.
Passenger.
Goods.
1875.

35,719
131787
58.710

17,445

$328,467
367,332

$629,292,

41-99

54 33
54-25
54 17

42 05.
42 13

It is quite a marvel that the times
traffic of the kingdom in
goods as

earnings $182,952.
Ohio & Mississippi.—The Daily Bulletin says: “ There have
been no steps taken recently
by Ohio & Mississippi stockholders
looking to a reorganization of the road, by making an assessment
on the stock, as
currently reported. The simple facts are that
Sir Alexander Galt, who was chairman of the old reconstruction
committee, on his arrival in the city lately, expressed some sur¬
prise at tlie fact that no active movement was now in progress
for re-organization.
In conversation with certain stockholders,
he stated that, in his opinion, if
something were done in the way
of levying an assessment
upon the stock or otherwise, sufficient
funds might speedily be raised to enable the road to be extricated
from its difficulties.
No definite course was decided
upon, how¬
ever, nor was there any meeting held to
consider the matter.3
—Mr. John King, jr., receiver,
recently filed the following
report for the month of July :

having be^n

so dull the
well as passengers has
kept up as it has, and that the percentage of profits on the total
paid-up capital has been so well maintained. It has descended,,
but to what extent ? The
following are the figures for the three

years:

Profits per cent
„

on

•

1875

paid-up capital.
4*45
4 36
4‘3&

1876.....
1877

Savannah City Debt.—The financial situation of the
city of
Savannah, Ga., as submitted by the committee on finance of the
Council, with reference to the city’s ability on July 1, 1878; to
accede to the proposition of the holders of its bonds and
coupons,
was given as below.
The proposal is to fund the principal of old
7 per cent bonds in new bonds,
bearing five per cent interest and
having thirty years to run, from February 1, 1879; and to retire,
$140,472 in taxes, and by cash, at rate of 58
per cent on the dollar, all
272,682
coupons and parts of coupons, and interest on past-due
4.822
boeds,
3,687 matured and maturing to February 1, 1879, by the first day of
23,511 June, 1S79.

Receipts.
Cash
From
From
From
From
From

JglS
18<6
1877

revenue

all sources.

„

hand July 1, 1878.
station agents
conductors
express companies.
P. O. Department

on

individuals, railroad companies, etc

38,730

Total

$481,106
Disbursements.

ASSETS AND RESOURCES TO DEC

Real estate.
Grt und rents

$389

112,412
220,321
2,532

i

Personal taxes

25,0(0

Licenses..

145,451

Pay-rolls subsequent to November, 1876
Intere-t on Mortgage due January 1, 1878
Cash on hand August 1, 1878

500

Market, rente, &c

15.000
....

Cemetery

Total

$481,106

Railroads in England.—The Board of Trade returns for 1877
respecting British railways have been published in the usual

Blue Book.
The length

Less for txs. edit’d to June 30

$415,450
100,000

28,000

Badges
Jail

$2,5(0

32,000
50,GOO

Specific taxes

Vouchers prior 'to November, 1876
Vouchers subsequent to November, 1876

31, 1878.

I2!?>099 I Miscellaneous

Waterworks

Fees, harbor, &c.
City Court.
Rents
Fines

10,000
2,000
27,000
6,000
500

$315,450

Add for ca1 h on hand
75,293
Taxes past due for
years
1875-76-77
$97,060
Leps 10 p. c. for losses.
9 706— 67,554
Bal. due Jail by Co. Chatham.
3,370

2,700
1,000

$481,367

LIABILITIES.
of the railways of the United Kingdom at the end Current
1 $490,000 coupons, at
expenses Ju’y 1 to
out at 17,077 miles, of which
9,235 miles are
Dec. 31
$90,100
j
5S per cent
$284,‘’00-474,300
double, and 7,842 single.
Floating debt for bal¬
In 1876 the length was 16,872 miles.
ance due
100,000
Surplus Jan. 1, 1879
$7,0o7
The total capital authorized stood in 1877 at
The committee’s report said: "It is
£559,699,466
proper to add that, in the
by
shares and stock; £197,087,362
by loans and debenture stock; opinion of an intelligent minority of Council, these figures are
total authorized, £757.386,828.
considered as taking too favorable a view of the situation; but in
This, however, does not represent tlie actual capital raised. the opinion of the majority of the finance committee, in which
This is from all sources £674,059,048, and is thus made
they are sustained by a majority of Council, the figures represent
up:
Capital paid up. our true condition and demonstrate the city’s ability, with rigid
Ordinary
£265,041,233 economy, to carry out and sustain the compromise as proposed by
Guaranteed
73,365 705 the bondholders,”
Preferential

of 1877

comes

163.682,448

Loans.
Debenture stock

28,874,496

143,095,166

Total

£674.059,043

.

The capital

Texas & Pacific.—In advance of the annual report, the follow¬
summary of operations for the year ending May 31, 1878, is

ing

issued from the New York office.
The number of miles of road operated was

444, as follows:
being £674,059,048, and the length of line 17,077
From Shreveport, La., to Fort Worth, Texas, 219; from
miles, the average cost per mile (in 1877) was £39,472.
Marshall,
via Texarkana to Sherman, 225 ; total
The cost per mile is higher now
length of main track and
than it ever was. This may
be gathered from the
483 miles.
following quotation from the figures of the sidings,
The receipts for the year ending May 31,1878, were as follows:
report:
Cost per mile
of line open.

1854
1860
1865
1870

£35,^23
83,3 8
84,275
34,106
37,833
39,012
39,472

1875...

It will

necessarily happen that the cost per mile will go up if
the companies epend, as most of them have been
spending,
additional capital rather in
improving their existing lines, than
in making new ones.
The total paid up capital and the
last three years figure asTollows:

length of line during the

1

.

Paid-up
capital.

Year.

1875

1876....
1877

The gross revenue




Gross earnings
Working expenses

Length of

line open.
16.658

£630,223,494
658,214.776

16.S72

674,059,048

receipts in these three

years

stood

17,017
as

follows:

Net earnings
—out

$2,381,310
1,448,439

$882,870

of which have been

paid the interest on the first and
consolidated mortgage bonds, taxes, insurance and betterment

expenditures.
In gross earnings compared with the previous year there wag
increase of $2§7,857. In working expenses the increase was
but $95,993, showing an increase In net earnings of $191,863, or
27 80-100 per cent.
an

fhere was an increase in commercial tonnage moved during
the year of 70,820 tons, or 22 per cent. Of the tonnage trans¬

ported there

were 214,438 bales of cotton, 372,492 bushels of grain,.
143,512 head, of live stock and 124,292 tons of lumber. Of the
entire tonnage 76 per cent was local business and 24 per cent

through business. The company has become entitled under
grants from the State of Texas to 4,716,342 acres of land, of
which 3,074,378 acres have been located, and contain some of
best agricultural and grazing lands in the State.

174

'

THE CHRONICLE.

glxc Commercial

[Vol. XXVII
COTTON.

mzs.

Friday, P. M., August 16, 1878.
The Movement of the Crop, as indicated
COM
by our telegrams
from the South
to-night, is given below. For the week ending
JPHidat Night, August 16, 1878.
this evening (Aug 16), the total
receipts have reached 4,657
The reports from commercial circles of the
progress of trade bales, against 3,069 bales last week, 3,671 bales the
previous
for the autumn are not wholly
satisfactory. The yellow fever week, and 4,086 bales three weeks since, making the, total
epidemic in towns along the lower Mississippi, the recent advance receipts since the 1st of September, 1877, 4,267,816 bales, against
3,962,663 bales for the same period of 1876-7, showing an increase
in freights over the Pacific Railroads, and the distrust excited
by since Sept. 1, 1877, of 305,153 bales. The details
of the receipts
unfavorable crop accounts from the Northwest, are mentioned as for this week
(as per telegraph) and for the corresponding weeks
disturbing influences, to which may be added that we are in the of fiv§ previous years are as follows:
midst of the season when very
many business men are drawn Receipts this w’k at
1878.
1877.
1876.
1875.
1874.
away from business centres to summer resorts.
Still, the situa¬ New Orleans...
578
352
tion may be regarded as a
204
1,337
886
promising one, as there is a disposition Mobile
242
104
219
75
89
on all sides to move the
crops actively and with little reserve.
Charleston
269
273
276
158
599
There was a vigorous speculation in
47
pork and lard early in the Port Royal, &c
53
290
week at higher prices, and a general
551
159
614
advance in hog products, Savannah
102
639
Galveston
981
178
based on the fact that down to
571
996
400
Tuesday last the arrivals of swine Indianola, &c
3
1
15
at Chicago were much smaller than in the
6
corresponding
period
Tennessee,
&c
942
211
of August last year.
1,242
83
1,734
In the flurry, mess pork sold at $11 05 for' Florida
8
6
7
8
September; $11 25 for October ; prime Western lard sold at Nortn Carolina
421
94
259
12
39
$7 90 for September, and $7 97| for October, and prices of bacon,
Norfolk
344
279
and cut meats were
2,545
289
813
decidedly higher; but with Tuesday, the re¬
271
City
&c
29
Point,
31
ceipts of swine began to rapidly increase, and prices have mate¬
79
rially declined, the market to-day being somewhat demoralized.
Total this week
4,657
1,733
7,390
1,941
5,292
Mess pork sold at $10 70 for October, and was afterwards
offered
Total since Sept. 1. 4,207,316 3,962,663 4,099,984
at $10 65.
Prime Western lard closed at $7 60 for August and
3,479,219 3,804,727
September, and $7 67£@$7 70 for October. Bacon has sold to
The exports for the week
considerable extent at 6fc. for long clear,
ending this evening reach a total of
September delivery, at
the West, but the close is unsettled. Beef and
5,832
bales, of which 5,462 were to Great Britain, none to
beef hams arec
quiet. Butter has ruled firm, and cheese has advanced £@|c. Tal¬ France, and 370 to rest of the Continent, while the stocks as
low has been active at 6
Below are the
15-16@7 l-16c. for prime to choice, made up this evening are now 56,310 bales.
stocks and exports for the week, and also for the
but closes quiet.
corresponding
Rio coffee has been active at
14@17£c. for fair to prime cargoes, week of last season:
but the close is quiet. There was also a
large business in Java at
Week
EXPORTED TO—
STOCK.
Total
Same
23@24c., and in Maracaibo at 15@16£c., all gold. Stocks at the
this
ending
Week
Great
close are quite moderate, and the market
Conti¬
strong on favorable for¬
France, nent.
Week.
1877.
1878.
1877.
eign adviceB. Rice has been quiet for domestic, but of Rangoon Aug. 16. Britain.
several hundred bags have been
N.
Orl’ns
370
sold, mostly at 3£c., gold, in
370
50
2,403 24,615
bond.
Molasses has continued dull, and quotations for 50-test Mobile..
669
3,391
Cuba Muscovado are reduced to
28@30c. Refined sugars have Charl’t’n
455
426
2,349
sold fairly at 9f c. for standard
crushed, but the close is weak. Sa van’ll.
524
1,557
Raws are lower at 7@7£c. or fair to
good refining, and sales slow. Galv’t’n666
3,494
~~

MERC1AL~EPITOME?

*

•

•

•

•

m

m

m

*

•

•

•

•

....

....

...

....

....

•

The

movement

has been

Receipts since

,

Safes since
Stock Aug. 14, 1878....
Stock Aug. 15, 1877

•

•

....

....

....

....

....

....

....

....

....

5,106

....

....

....

....

....

r

as

follows
Hhds.

Stock Aug. 1,137S

•

....

85,312
25,493
21,438
89.447

:

N. York.

Boxes.

Bags.

13,000

180.484

2,214

22,894

1,056
14,158

19,759
183,618

26,344

307,159

Melado.

Norfolk-

2,037

Other*..

5,106
....

356

....

....

....

....

....

565

....

....

.....

6,479

....

....

356

170

5,832

7,154

41,331

77,033

291

1,307
23,000

10,000

Tot. this
2,652
-

week..

2,477

Kentucky tobacco has been less active, and the late improve¬
ment in prices is
barely supported.
Sales for the week, 700

hhds., of which 200 hhds. for consumption and 500 for export.
Lugs are quoted at 2£@4£c., and leaf 5@14c. Seed leaf, on the

5,462

370

56,310 136,746

Tot.since

Sept. 1. 2147,067 497,743 681,924 3326,734 3030,316
*

The exports this week under the nead of ‘other
ports” include,
more, 202 bales to Liverpool; from Boston, 154 bales to Liverpool.

from Balti¬

contrary, was more active, and the sales of the week
In addition to above exports, our
aggregate
telegrams to-night also give
2,684 cases, of which 1,732 new crop Pennsylvania at
us the
10@16c;
following amounts of cotton on shipboard, not cleared, at
other sales were 350 cases New
Eogland, crops of 1876 and 1877, the ports named. We add also similar figures for New
York,
at 10@18c.; 500 cases
Ohio, new crop, on private terms, and 100 which are prepared for our special
use by Messrs. Carey, Yale &
cases sundries at
8@14c. There has been a fair demand for Lambert. 60 Beaver street:
Spanish tobacco, with sales of 550 bales Havana at 80e.@$l 10,
(
and 172 bales Yara, private terms.
On Shipboard, not cleared—for
Ocean freights have been
AUG. 16, AT—
Leaving
steady, but rather quiet for berth
Liver¬
Other
Coast¬
Stock.
France.
Total.
room, though piore active and higher for vessels
pool.
Foreign wise.
by charter, especi¬
ally for those going to Continental ports, to which there have New Orleans
400
None.
None.
None.
400
been liberal shipments of
2,003
grain; recent business has included Mobile
None.
None.
None.
None.
None.
669
grain to Liverpool, by steam, at 8d. per 60 lbs.; to Avonmouth, at
Savannah
None.
None.
200
200
8d. per standard bushel; to London, at
None.
324
7£d., and by sail at 7d.; to
None.
None.
None.
None.
None.
666
Glasgow, by steam, at 6£d.; provisions to Liverpool, by steam, Galveston
New York
None.
at 30@359.; leather at
2,626
None.
None.
*4,126
37,205
45?.@47s. 6d.; and measurement goods at
22s. 6d.@25s.; butter at 45s. in
Total
ordinary way, and 125s. in refrig¬
None.
3,026
None.
200
4,726
40,867
erators ; flour 2s. 6.@2s.
7^d.; grain to Cork, for orders, at 6s. l-£d.
Included in this amount there are 1,500 bales at Presses for
foreign
@09. 3d ; to Rotterdam, at 6s. 3d.; to Marseilles or Cette, at 6s. ports, the destination of which we cannot
learn.
l£d.@7s.; to Havre, at 6s ; to Rotterdam, Hamburg, or
From the foregoing statement it will
Antwerp,
be. seen that, compared
at 5s. 9d.; refined
petroleum to the German Baltic, at 5s. 3d.; to with the
corresponding week of last season, there is a decrease
Trieste, at 5s. 5d.@5s. 7d.; to Bristol, at 4s. 3d.; to East Coast of in the
exports this week of 1,322 bales, while the stocks to-night
Ireland, at 4s.; to Mediterranean with refined, in cases, at 27c.; are
80,436 bales less than they were at this time a year ago. The
and crude, to Havre, at 4*.
l£d.; lumber, to River Platte, at $15,
following is our usual table showing the movement of cotton at
net.
-•

*

all the ports from Sept. 1 to
Aug 9, the latest mail dates:
quiet but steady, with sales at 27£@
27|c. for spirits turpentine, and $1 37£@1 42£ for strained rosin.
RECEIPTS SINCE
EXPORTED SINCE SEPT. 1 TO—
SEPT. 1.
Refined petroleum has been firmly held all the
Ports.
week, and export¬
Stock.
Great
Other
ers have advanced
their bid to 11c.; refiners have not been
1877;
|
1876. Britain. France. Foreign Total.
offering their supplies latterly, and trade has consequently been
2,930
quiet; crude in bulk has been quoted down to 5|c. Lead has N.Orlns 1370,703 1180,321 821,481 325,406 304,700 1451,587
Mobile. 413,173 357,469 106,381 26,146 31,566 164,093
been ratber quiet since the recent
949
large transactions, but has Char’n*
459,528 470,756 131,935 70,355 103,584 305,874
ruled firm at $3 50@3 62£ far common
329
domestic, with foreign
quoted $6 37|@6 40 gold, per 109 lbs. Of pig iron small sales have Sav’h.. 598,519 476,834 176,247 36,351 138,748 -351,346
259
Galv.*. 446,986 501,648 186,172 26,971 11,291
been made at $16 50@17 00 for No. 1
485
224,434
American, $15 50@16 CO for
N. York 143,931
No. 2 do., $23@23 50 for Coltness, and
121,201 331,111
9,659 49,698 390,468 48,565
$21@21 50 for Egl nton ;
the market is to a
14,312
20,381
great extent nominal, owing to the slowness of Florida
trade.
Ingot copper has been very quiet, but small sales have N. Car. 144,101 129.425 35,007 1,780 19,890 56,677
87
still been made
atl6@l6£c. for Lake Superior. Wool has met Norf’k* 509,071 552,491 156,687 1,075 2,929 160,691
733
with a fair demand at
19,148 215,732 11,000
generally steady prices. Fish very quiet. Other.. 162,835 150,401 196,584
Linseed oil has been steady at
56@57c., and of refined summer This yr. 4263,159
yellow cotton seed oil 1.000 bbls. for delivery from August to
2141,605|497,743|681,554 3320,902 65,337
December have sold at46|c., while crude fish oils havebeen
3960,930 2130,745'459,585'432,832 3023,162 149,489
quiet. Lastyr.
Hops have sold but moderately at recent prices ; the first bale of
Under the head of Charleston Is included Port Royal, &c:; under the head of
new State
Galveston Is included Indianola, &c.; uader the head of Norfolk ia included
hops has arrived he re. Whiskey is higher at $1 09.
City
Point, &c.
Naval stores have been




*

*

m

August

17, 1878.]

THE CHRONICLE.

These mail returns do not
correspond
of the telegraphic figures, because in

precisely with the total
preparing them it is always

Palei.
3.000
1200

necessary to incorporate every correction made at the
ports.
The market for cotton on the

spot

"

000
700

rts.
11*15
11* !0
11*17
11*18
11*19
11*20
11*21
11*22
11*23
11*24

175
Bales.
700

ct«.
.1112
11-13

100

1,500

Bales.

Cts.
1117
11-18
11-19
11-20

200
400
200

1114

Bales.

Cta.
11*31
11*32
11*33

100
100
500

300
11-15
500
quiet for the first half 1,000
400
11*34
1,300
11 10
of the week, there being a
'conspicuous absence of that urgent 2,500
400
1117
3,800
demand from home spinners
700
2,800
1,700
11-18
which, in conjunction with the small 1,400
1,200
11-19
For February.
stocks, had been such an important element of
For April.
1,000
300
strength; and on
11-20
300
11-13
300
1,000
11*32
Tuesday there was a decline of l-16c., to 11 15-16c. for
2f-0
11-14
300
11*38
14,200
.100
11-20
uplands. On Wednesday there was a stronger market,middling
and on 15200
000
11-24
1,300
For January.
Thursday a revival of the demand for home consumption. To¬
700
11-25
For December.
400
11-07
100
11-27
day, there was no change in prices, and but a moderate demand
For May.
700
11*04
200
11-08
500
000
for home consumption.
11*39
11*05
100
11-09
The speculation in futures has been
2,000
2,200
700
11*40
11*00
100
11-10
feverish and variable. *The
400
1,200
11*45
11*07
yellow fever accounts on Saturday
200
11-11
For March.
200
1,200
11*48
11 08
and Wednesday caused
700
1112
200
11-19
something of a flurry, and a temporary ad¬
100
500
11*47
11*09
100
11-13
100
vance in values; but
11-23
on other days there was more or less decline.
400
11-14
000
11-20
3,400
800.
At the close last
.11*11 1
300
11-15
800
11-30
evening there was a slight improvement on all
deliveries, except August, which, being so much above
The following will show the
closing prices bid for future
ber, naturally weakens as it draws towards a close. The Septem¬
Bureau delivery, and the tone of the market at three o’clock P.
M., on
report was made public on Wednesday, but did not have much the several dates named:
effect, as it seemed to be prepared by a person not familiar with
MIDDLING UPLANDS—AMERICAN
what he was
CLASSIFICATION.
undertaking. Liverpool has been generally disap¬
Fri.
Sat.
pointing to the bull party. Receipts at the ports have begun to
Mon.
Tues.
Wed. Thurs.
Fri.
Market— Lower. Higher. Lower. Easier.
show a slight increase, and the
Higher* Irreg.Str’ng’r.
feeling yesterday regarding the August
11-88
11*94
11-86
11-81
11-86
11-85
11-88
yellow fever accounts was that, so long as the epidemic does September
11-56
11-65
11-54
11-50
11-59
11-57
11-60
not extend beyond the immediate
October
11-32
11-40
11-31
11-28
11-36
valley of the lower Mississippi, November
11-35
11-37
1114
there will be abundant opportunities to
11-21
11-13
11-12
1119
11-18
11-20
get out all the cotton that December
11-11
11-18
11-09
1108
the emergency
11-15
11-14
1115
may require.
To-day, there was a slight advance January
11-12
11-20
11-11
11-09
11-16
11-15
1116
on
February
stronger Liverpool accounts and serious yellow fever
11-17
11-25
11-15
11-15
11-21
11-22
11-22
advices, March
but the speculation was slowj
11-24
11-31
11-22
11-22
11-28
11-29
except for September and October. April
11-30
11-32
11-38
11-30
The total sales for forward
11-29
11-35
11-36
11-37
delivery for the week are 199,100 May
11-40
11-46
11-37
11-37
11-43
11-43
11-44
June
bales, including — free on board. For immediate
11-46
11-51
11-43
11-44
11-50
11-50
delivery the Transfer orders 11-90 11-95
11-51
total sales foot
11-90
11-85
up this week 5,502 bales, including
11 90
11-90
11-90
for
Closed—
Quiet. Steady. Weak. Steady. Firm. Easy.
export, 5,334 for consumption and 168 for speculation.
Steady.
Of
Gold
the above,
100%
100%
100%
bales were to arrive. The
100%
100%
100%
100%
following tables show Exchange
4-81% 4-81% 4-81
4-82
the official quotations and sales for each
4-82% 4-82% 4-82%
day of .the past week:
The Visible Supply of
Cotton, as made up by cable and
UPLANDS. ALABAMA. N. ORLE’NS
TEXAS.
Saturday, Aug.10,
telegraph,
is as follows. The Continental stocks are the
to Friday, Aug. 16. Sat. Mon Sat. Mon
figures
Sat. Mon Sat. Mon. of last Saturday, but the totals for Great Britain
and the afloat
for the Continent are this week’s
Ordinary
$ lb. 10% 1014 10% 10% 10% 10%
returns, and consequently
10%
10%
Strict Ordinary
brought
down
to Thursday evening; hence, to make the totals
10%
105s
10% 10%
1078
1078
10%
10%
Good Ordinary.
the complete figures for
11%
1118
11%
11%
11*8
1138
11*8
11*8
to-night (Aug 16), we add the item of
Strict Good Ord... llLs
1171G 117ig
lmie
IIH16 H1116
exports from the United States,
Low Middling
including in it the exports of
Hn16 IUI16 ni> Uitfe 1U%6 Hl%6 111516 111116
ll«ie
Strict Low

was

05.41782.45
..

Mid.... 11%

Middling

11%

12

Middling Fair
Fair

1178

12

Good Middling.... 123i6
Strict Good Mid... 12*3

1178

12

12%
12%

12

12%
12%

12%

Friday only:

12%
12%

12%

1878.

12310

12%

13

123i6 12*16 12%6 127i6 127i6 12716
12%

13

12%

13

12%

13

1358

135s

13%

13%

13%
137s

12%
13%
13%

12%

Stock at Liverpool
Stock at London

12%
13%
13%

13%
13%

Ordinary
$1 fl>. 10316 103i6 103i6 10*16
10716
Strict Ordinary.. lO^ie
10916 10&16 109i6
101*16
Good Ordinary.... H%6
1U16 lUlG lUlG IISxq 115i6
Strict Good Ord...

isa?.

1138
113s
Low Middling
1158
1158
Strict Low Mid.... 111316

113a
11%

11*8

11%
1178

11%

loyie
i®?. H°16
101*16

11%
1178

.

Stock at

It^c

Th.

^

Frt.

Til.

Frt.

Tit.

Frt.

Ordinary
$ fl>. 10316 103i6 10*16 10*16 10%6
Strict Ordinary...
lOQie 109i6 10916 109i6 101*16
Good Ordinary....
1U16 lUl6 lUlG mm 11&X6
Strict Good
Ord... 113s

Low

113s
115s

113s

11*8

11%
1178

Middling
1158
11%
11%
Strict Low Mid.... 1113i6
1113x6 111*16 111*16 12iie

n46

11%

Til.

10716
101*16
115i6

Good Ordinary
Strict Good Ordinary:
Low Middling

$ lb.

Middling

10%
10%
11%
11%

10%
10%
11%
11%

10*16
iou16
113l6
119i6

SPOT MARKET
CLOSED.

Sat.
Mon
Tues.
Wed
.

.

.

Steady
Quiet
Quiet, lower
Quiet

.

Con-. Spec- Tran¬

port. sump
....

•

•

•

•

....

....

Tkurs Steady
Fri.

Ex¬

•

Quiet

•

....

Total

....

ul’t’n

858
650
391
224

50

....

111

....

....

....

2,276

7

935

5,334

sit.

....

.

168

2,283
935

....

....

..

Egypt, Brazil,&c.,aflt for E’r’pe
Stock in United States ports
Stock in U. S. interior ports..

100

100

100
700

..

,

11*90

11*97

8,700

5,100
700

13,100




1,200

11*00
11*01

11*02
11*03
11*04

Bales.

3,^00
1,600
1,400

800.

Ct-=.

11*65
11*60
11*07
11 08

81,000

For October.
11*24
11*25
11*. 0
3.000..
11*27
2,400
...11*28
1,300
11*29
1,000
11*30

1,700
2,200
1,000

2,700.. ’

1,000

23,800

700
400

2,800

Bales.

5,700
3,500
2,400
5,900
0,300...
2,700
300

2,800

385,500

914,250 1,359,500 1,282,750 1,351,750
205,000
286,000
416,000
518,000
38,000
59,000
83,000
43,000
16,000
22,000
28,000
29,000
56,310
136,746
148,756
89,483
3,797
10,341
14,182
6,655
1,000
100
1,000

supply.hales.l,234,357 1,873,687 1,972,688 2,038,888
as

American—

Liverpool stock

.

American afloat to Europe...

.

.

Total American

bales1.

East Indian, Brazil, dec.
Liverpool stock
London stock

.

Continental stocks

.

.

India afloat for Europe...
Egypt, Brazil, &c., afloat.

.

.

465,000
265,000
38,000
56,310
3,797

563,000
359,000
59,000
136,746
10,341

1,000

100

455,000
315,000

.

83,000
148,756
14,182

495,000
189,000
43,000
89,483
6,655
1,000

829,107 1L,128,187 1.,015,938

824,138

122,000
14,750

392,000

47,500
205,000
16,000

314,000
33,500
90,000
286,000
22,000

368,000
37,000
112,750
416,000
28,000

405,250

745,500

956,750 1 ,214,75(T

79,250

196,500
518,000

29,000

Total East India, &c
Total American

11*3.8
11*39

.1,234,357 1 ,873,687 1.,972,688 2,038,888
69i6d.
6%6d.
6*ied.
71ied.
These figures indicate a decrease in the cotton in
sight
to-night
of 689,330 bales as
compared with the same date of 1877, a
decrease of 738,331 bales as
compared with the corresponding date
of 1876, and a decrease of
894,531 bales as compared
1875.

11*40
11*41
11*42
11*43

400

700

11*14

700.

200.;

11*34

.

37,750

Cts.
11*35
11*30
11*37

11*08
11*09
li* so
11*12

11*8?

15.000

follows:

300

For Novembar.
100
11*07

100,

45,500
10,750

77,750

11,250

Of the above, the totals of American
and other descriptions are

400

01,700

11 31

11*83

Total visible

Deliv¬
eries.

delivery, the sales have reached during the week
199,100 bales (all middling or on the basis of
middling), and the
For September.
Bales
cts.
3,300.
11*47
3,200
11*48
1,900.
11*49
5.500
11*50
1,800
11*51
200....
11*52
800
11*58
2,000
11*54
2,900
11*55
11*50
6,300..
11*57
11 8 ) | 9,900
.11*58
11*94 10,800
1159

..

United States exports to-day..

Frt.

For forward

For August.
Bales.
Cts
700.
11*78
700
31*79
200.
11*80
1,200
11*81
100
11*82
300
11*83
1.000
11*84
1,900
11*85
1,900
11*80
2,400
11*87
900
11*88

71,500

Total European stocks..
India cotton afloat for Europe.
Amer’n cotton afloat for
Eur’pe

33,300

5,502 199,100

42,000
11,250
2,000
14,250

14,000

'A

FUTURES.

43,900
31,200
35,600
31,300

59,250

6,000
61,000

427,750

.

858
700
502
224

966,250
182,500
6,750,

449,000

11*16 H3l6 113i6
119i6 11916 119i6

Sales.

855,000
161,000
6,500
80,000
11,000
57,750

312,500

10*16 10*16 10*16

Total.

910,500
217,250

Total continental ports....

i&f.

SALES OF SPOT AND TRANSIT.

79,250

Frt.

lOiiie lOiije 101116

MARKET AND SALES.

37,000

18,000
19,250

..

Th.

1875.
887,000

7,750
15,250

11%
11%

Mon Tues Wed

6,500

818,000

17,250

11%
12116 !2%6 12%6
111516 111516 1215i6 1H&16 !2*i6 12*16 123J6
12*16
Middling.... 121s 12% 12%
12%
12*8
1238
12*8
123s
Strict Good Mid.
12L6 127i6 127jg 12%6 121116 12Hi6
121116
Middling Fair..... 1215i6 1215ie 121016 121&16
13*16
Fair
13*16
13^16 139io 139i6 13916
131*16
131*1a
Sat.

Antwerp

1876.

877,000
33,500

Stock at other eonti’ntal
ports.

Middling
Good

STAINED.

156,250
6,000
31,000
7,250
34,250
45,000
9,000

Stock at Bremen
Stock at Amsterdam
Stock at Rotterdam

lll^ie 111316 1H*1G 12%6 12%6 12%6
Middling
1H510 1115i6 Hl°16 Hl°16 12*16 12*16 12*16 12%6
12*16
Good Middling..
1218
12%
12%
12%
123s
123s
1238
1238
Strict Good Mid... 127i6 127i6
127i6 12i%6 121116 12Hi6 121116
Middling Fair
121&16 121516
121016 13*16 12*>6 133i6 13*16
Fair
139i6 139j6 130,0 13916 131*16 131*16 131*16
131*16
*

601,750

.

Stock at Barcelona
Stock at Hamburg

11%
11%

11%

14,750

Total Great Britain stock
Stock at Havre
Stock at Marseilles

Tues Wed Tues Wed Tues Wed
Tues Wed

1877.

587,000

Price Mid. Upl.,

.

.

829,107 1.,128,187 1 ,015,938

824,138

Liverpool

with

•

At

Interior Ports the movement—that is the
receipts
and shipments for the
week, and stocks to-night, and for the
corresponding week of 1877—is set out in detail in the following
the

statement:

.

176

THE CHRONICLE
Week

ending Aug, l^r,r78.

Receipts Shipm’ts
Augusta, Ga
Columbus, Ga....
Macon, Ga
Montgomery, Ala
Selma, Ala
Memphis, Teiin..
Nasliville, Tenn..

92
151
44
81
44
636

Total, old ports.
Dallas, Texas....
Jefferson, Tex.
Shreveport, La
Vicksburg, Miss.
Columbus, Miss..
Eufaula, Ala

Stock.

181
30
86
36
175

ending Aug. 17, ’77.

Receipts Shipm’ts Stock.

174
565
382

57

95

589

67
5

348
27

1,233

735
329

29
6
227
20

40
11
705

6,092

38

992

1,264

10,341

877
279

1,471

1,081

1,664

3,797

12

16

33,

Week

141

417

495
705
235

"

421
679

791

24
11
20
60
60
98
93
33
86
170
783

736

1,433

1,003

17
862
172
451
2,025

935

1,448

4,692

1,664

3,193

2,441

1,356

3,041

8,777

Total, all
2,745 1
4,857
The above totals show that

6,238

1,773

4,305

19,118

..

....

....

87
43

..

67
30

....

....

46

Griffin, Ga

28

....

Atlanta, Ga

350
26

Rome, Ga

Charlotte, N. C...

Total, new p’rts

798
30

....

St. Louis, Mo
Cincinnati, O

-

....

....

the

old

3

*42

54
244

146
17

21

....

....

....

....

....

....

10
9
26
171

429
80
26

interior

120
67
173
162
36
....

stocks

have
decreased during the week 583 bales, and are
to-night
6,544
bales less than at the same period last
year.
The receipts at the
same towns have been 664 bales move than the
same week last
year.
Receipts from: the

(Tol XXVII.

during the week, the extreme range being 73 and 100. Rain?
has fallen on three days,
the rainfall reaching one inch and fiftythree hundredths.
Columbus, Mississippi.—We have had light rains on two
days,
during the week, the rainfall reaching twenty-three hundredths
of an inch.
Caterpillars are on the increase, though not doing
much harm. The thermometer has
averaged 83, with an extreme

of 92 and 70.
>
Little Rock, Arkansas.—The weather
during the week lias been
pleasant and favorable to crops. Rain has fallen on
Saturday,
Sunday, and Monday, and the weather has become cooler.
Aver¬
age thermometer 78, highest 95, and lowest 68.
The rainfall
lias reached
eighty hundredths of an inch. *
range

Nashville, Tennessee.—We have had rain on three days
of the
week, the rainfall reaching two inches and fifteen
hundredths.
The thermometer has
ranged from 72 to 88, averaging 80. The
crop is developing promisingly.
Memphis, Tennessee.—We have had local rains on four
days of
the week, the rainfall
reaching sixty-five hundredths of an inch.
Rust is
developing badly and much damage has been done. The
thermometer has ranged from 69 to 95,
averaging 81.
Mobile, Alabama.—The earlier part of the past week was clear
and pleasant, but
during the latter part it has been showery one
day and has rained severely three days and
constantly one day,
the rainfall
aggregating two inches and thirty-se'ven hundredths.
Accounts
from

j

the interior are
conflicting. In some sections the
crop is developing promisingly, but in others
crop accounts are
less favorable.
Caterpillars have appeared, but with limited dam¬
age as yet.
We are having too much rain. The thermometer
Plantations.—Referring
to
our remarks has averaged 83, the highest
being 95 and the lowest 72.
In a previous issue for an
explanation of this table, we now bring
Montgomery, Alabama.—The earlier portion of the week the
the figures down one week later,
weather was clear and
closing to-night:
pleasant, but we have had rain on
RECEIPTS PROM PLANTATIONS.
three days the latter
part, the rainfall reaching three inches and
eight hundredths. We are having too much rain.
Stock at Inter’r Ports
Week 1 Receipts at the Ports.
Rec’ptsfromPlant’ns
Picking is
being
retarded by the rains, causing
ending— 1876.
damage. Average ther¬
1677.
1878.
1876.
1877.
mometer
1878.
1876.
1877.
1878.
83, highest 97 and lowest 74.
Selma, Alabama.—The earlier part of the week the weather
June 7.
10,456 9,390
12,380 82,569 57,503 34,154
5,314
7,509 was clear and
14
pleasant, but the latter part has been rainy, rain
8,444
8,526
11,231 76,054 .52,154 29,315
3,171
1,929
6,392
having fallen on three days, to a depth of seventy-five hundredths
21.
10,493
8,526
10,721 67,712 45,769 23,287
2,151
4,693 of an inch.
2,141
....

«

“

“

23.

12.

8,559
8,661
6,005

19.

5.042

26.

5,589
5,153
5,871

July 5.
“

“
“

Aug. 2.
“

9.

“

16.

Total.

*

7,393
81,663

6,519
6,102
4,404
3,676
3,299
2,691
2,102
1,733

6,879
5,949
5,2=7
3,752
4,086
3,671
3,069
4,057

56,968

71,712

61,078
57,865
53,736
49,582
47,151

35,811 21,24'J
32,077 19,675
23,997 18,033
27,979 15,494
£5,361 12,527
42.372 22,472 11,003
35,18'- 21,574 8,346
28,877 19,118
6,238

1,925
5,448
1,876
83S

3,158
374
•

•

•

1,085
24,148

4,832

2,368
1,324
2,658
681
...

1,204
....

4,384
3,645
1,243
1,119
2,149
410

2,549

13,547 38 925

This statement shows us that
although the receipts at the ports
the past week were 4,657 bales, the actual
from plantations
■were only 2,549
bales, the balance being drawn from stocks at
the interior ports.
Last year the receipts from the plantations
for the same week were
bales, and for 1876 they were 1,085
bales.

Weather Reports by Telegraph.—Too much rain-has
fallen this 'week in many sections, and is
giving
the caterpillars to increase and threaten harm. Theopportunity to
coast counties
of Texas, the lower half of the other Gulf
States, and parts of the
Atlantic States, are the districts from which the

principal com¬
tli&t damage of any kind other
than such as is incident to
every summer, has been done as yet;
but unless dry weather comes soon,
the caterpillars will certainly
do injury.
Galveston, Texas.—It has rained on four days this week, the
rainfall reaching one inch and
seventy-four hundredths. We are
having too much rain. Caterpillars have re-appeared in the coast
belt and have already done
damage in some sections. Poisoning
active, but constant showers greatly hindering. The thermometer
has averaged 84, the extreme
range having been 76 and 92.
Lndianola, Texas.—We have had rain on four days of the week,
with a rainfall
reaching one inch and thirty hundredths. Cater¬
pillars have certainly appeared, though the injury done is as
yet
limited. Much, damage is feared,
however,
unless dry weather
sets in.
Planters are using poisons.
Average thermometer 85,
highest 96 and lowest 75.
Corsicana, Texas.—The weather during the week has been
dry
and hot as Egypt.
Picking is progressing finely. Crop promis¬
ing. The thermometer has averaged 84, with an extreme
range
plaints

come.

It does not

seem

of 70 and 104.

1

Vicksburg, Mississippi.—The thermometer




has

averaged 81

accounts

less favorable.

are

The thermometer

averaged 83.
Madison, Florida.—Rain has fallen on five days this week, the
rainfall reaching three inches and
fifty hundredths. The ther¬
mometer has remained at 85
throughout the week. Our corre¬
spondent states that the boll worm is doing considerable
damage.
Macon, Georgia.—Telegram not received.

Columbus, Georgia.—We are having too much rain. We have
an
unusually severe storm this week. Rust is
badly. Caterpillars have certainly appeared, although developing
the injury
had

done is
rainfall

as

dredths.

yet limited.

The thermometer has
averaged 80. The
been one inch and eighty-eight

during the week has

hun¬

Savannah, Georgia.—The weather during the week has been
having fallen on four days, the rain¬
fifty-five hundredths. The thermom¬
highest being 97 and the lowest 75.
Augusta, Georgia.—It has rained here on six
days out of the
seven, heavy and general, the rainfall
reaching two inches ancl
ninety-eight hundredths. The thermometer has ranged from
73 to 102,
averaging 85. Crop accounts are less favorable. The
reported effect of the drought will be to reduce the
crop of this
section twenty to
twenty five per cent. At some points cotton
looks bad.
As the week
closes, there has been a favorable
change in the weather.
Charleston, South Carolina.—It has rained
heavily on four days
this week, the rainfall
reaching
inches and thirty-six hun¬
eight
dredths.
The thermometer has
averaged 84, the highest being
93 and the lowest 72.
warm, sultry and wet, rain
fall reaching one inch and
eter has
averaged 85, the

The

following statement we have also received by
showing the height of the rivers at the points named attelegraph,3 o’clock
Aug. 15, 1878.
comparison:

We give last year’s

figures (Aug. 16, 1877) for
Aug. 15, ’78. Aug. 10, ’77.

New Orleans

Below liigli-water mark
Above low-water mark...
Above low-water mark...
Above low-water mark...
Above low water mark...

Feet. Inch.
9
12
2
16
21

..

Memphis..
Nashville

Feet. Inch.

9

12
9
2
0
17

8

3

2
0
2
6
3

Shreveport
10
Vicksburg
-2
New Orleans
reported below high-water mark of 1871 until'
Sept. 9, 1874, when the zero of gauge was
changed to high-water¬
mark of April 15 and
16, 1874, which is 6-10tlis of a foot above1871, or lb feet above low-water mark at that point.5
Comparative Port Receipts and Daily Crop
Movement.—
A comparison of the
port movement by weeks is not accurate,
as the weeks in different
years do not end on tile same day of the
month.
We have
added to our other standing
consequently
tables a daily and
monthly statement, that the reader may con¬
stantly have before him the data for
seeing the exact relative
movement for the
years named.
First we give the receipts at
etch port each day of the week
ending to-night.

Dallas, Texas.—It has not rained here all this week.
Picking
progressing finely. There are some complaints of the boll-worm,
which, however, amount to nothing.
Crop accounts are more
favorable. The weather at
midday during the week has been very
oppressive. Average thermometer 84, highest 103 and lowest 70.
Brenham, Texas.—We have had showers on two days
during
the week, the rainfall
reaching sixty hundredths of an inch.
Caterpillars have certainly appeared, but the injury done has as
yet been limited.
Strenuous efforts are being made to
poison. PORT
With this exception,
prospects are good. Picking is progressing
finely, and an active movement of new cotton has
begun. The D’ys
thermometer has ranged from 79 to 95.
of
we’k
New Orleans, Louisiana.—It has been
showery three days of
the week, the rainfall
reaching forty-three hundredths of an Sat..
inch.
1 he thermometer has
Mon
averaged 82.
Shreveport, Louisiana.—Crop encouraging. Weather
Tues
very
favorable. Picking general. The new
crop is coming in slowly. Wed
Average thermometer 86, highest 97, and lowest 73. The rain¬ Tliur
fall during the week has been one inch
and seventy-two hun¬ Fri..
dredths.
is

Crop

has

Tot-l

RECEIPTS FROM SATURDAY, AUG.

New
Or¬
leans.

Mo¬
bile.

10, ’78, TO FRIDAY,

Char¬ Savan¬ Galleston. nah. vest’n.

Nor¬
folk.

28

39

25

153

29

33

217

54

3

74

108

38

96
....

107

24

52
....

30
119

.

129

48

173

130

Wil¬

ming¬
ton.
125
....

10
....

AUG.

All

others.

16, *78
Total.

36

468

21S

712.

247

612:

184

737

51

41

38

40

117

37

9

79

172

505

84

151

135

425

58

3

688

1,623

578

242

269

551

981

344

147

1,545

4,657

August 17, 1878.

|

THE CHRONICLE

The movement each month since
Year

Receipts.

1877.

rSept’mb’r

Sept. 1 has been

Beginning September

1876.

1875.

1874.

134,376
536,968
676,295
759,036
444,052
383,324
251,433
133,598

98,491
578,533
822,493
900,119
689,610

236,868
675,260
901,392
787,769
500,680

169,077
610,316
740,116
821,177
637,067

.February.

472,054

449,686

March.

479,801

340,525
197,965
96,314
42,142

182,937
100,194

300,128
163,593
92,600
42,234
29,422

October..
Novemb’r
Deeemb’r

.January

April
May

.

..

..

..

.June

68,939

36,030

•

-July

follows:

as

proved this, and the nature of the case would seem
to suggest
184,744
and enforce such a conclusion.
444,003
Making, therefore, our usual
530,153 compilation by averaging the three months’
condition now
524,975 reported, we have the
following
:
569,430
462,552
1 S78.
1877.
States.
309,307
Inc.
218,879
June. July. Aug. Av’ge. June
July.
CTQ
Av’ge.
173,693
>• P
North Carolina
87
81
82
83 3
82
72,602
88
88
86-0
*3-7

702,168

482,688
332,703
173,986
127,346
59,501

81,780

necessarily make his comparison almost
wholly with the previous year, the figures for the seasons
ante*
rior to that are of
comparatively little use.
Experience has

1872.

115,255
355,323
576,103
811,668

56,010
17,064

data the observer must

1.

1873.

,

9

1

20,240
17,631
31,856
83,515
'Tot. Jy.3l 4,258,486
3,957,386 4,085,531 3,473,936 3,768,597
3,573,853
Perc’tage of tot. port

receipts July 31..

98*00

.

97-48

99-34

99 06

South Carolina.

Georgia
Florida

Alabama

97-88

This statement shows that
up to Aug. 1 the receipts at the
ports this year were 301,100 bales more than in 1876 and 172,955
Dales more than at the same time in
1875. By adding to the
Above totals to

Aug. 1 the daily receipts since that time,

fce able to reach

an

exact

different years.

comparison of the

.

:

99

104

97

ioo-o

91

87

101

83

105

886

92

114

99-3

89

90

85

88 0

11-3

98

100

99

990

92

101

102

98

1003

90

-

95

93

93 "3

6-7

94

94

92 6

7*7

913
102-0

*?• 7

12*4

Mississippi.....

93

98

92

96 0

91

Louisiana

93

90

98

95

90

943

98

102

106

104

106

108

1060

91

94

96

98

93 6

91

98

956

94

91

93

97

93-6

98

92

2*0

95 6

94

96

90

93-3

23

Texas

Arkansas
Tennessee

shall

we

movement

177

for the

*

4-7

Decrease.

This statement

*
,

1877-78.

1876-77.

1875-76.

1874-75.

1873-74.

shows, for the season thus far, a decreased or
poorer condition of 37 per cent in North
Carolina and 77 per
cent in
Louisiana, but

1872-73.

Tot. Jy.31 4,258,486
3,957,386 4,085,531 3,473,936 3,768,597 3,573,853
Aug. 1....
139
421
635
S.

1,092

1,727

521

S.

1,874

410

1,056

“

2....

1,465

264

*

721

3...

395

861

501

452

816

390

547

831

394

701

301

924

207

702

«

4....

“

5....

596

6....

509

839

7....

529

618

8....

340

247

9....
10....

700

364

«

“

•«

8.

S.

468

11....

S.

S.

1,141
1,168
1,082

S.

S.

245

761

361

701

1,038
1,081

539

601

“

12....

712

531
S.

«

218

13....
14....
15....
16...

647

612

487

S.

168

967-

737

598

195

787

505

367

1,623

264

1,963
1,711
1,069

“

"
“

'Total

....

.

S.

2,781
2,175
2,201
1,204
1,997

960

197

S.

S.

2,583
1,738
1,526

9816

97-83

99-46

99-33

98-60

This statement shows that the
receipts since Sept. 1
to
.to-night are now 303,872 bales more than they were to the up
same
day of the month in 1877, and 167,719 bales more than
they
were to the same
day of the month in 1876. We add to the last
table the
percentages of total port receipts which had been

Aug. 16 in each of the

years named.

Agricultural Bureau’s Report for August.—We
give
below in full, as received, the
report for August, issued by the

Agricultural Bureau

at

tion of cotton:

Washington, with regard

^Georgia

....

Florida.
Alabama

Mississippi

Louisiana...
Texas
Arkansas
Tennessee

92,
“
99,
“
98,
“
92,
“
90,
“
108, a gain of
“
98,
02, a loss of.

.

-s...

Of two hundred and

7
13
1
4
6
5
2
7
6

ninety-nine cotton counties reporting, sixty-three
hundred, eighty-three above, and one hundred
and fifty-three
reported below. The condition of the
crop is somewhat better than in
1877.
In the
Aug
one

,
northern part of the cotton belt
many counties complain of
•extreme heat and drought,
causing the plants to shed and the bolls to open
prematurely. Further south the rainfall has been
excessive, causing rust.
Insect injuries at the date of
correspondence were

reports to Professor Riley, the entomologist, show
from
source.

a

inconsiderable, but later
considerable local injury

William G. Lb Due,

Commissioner of Agriculture.

The

sary

August condition of previous years will furnish
comparison for interpreting the present report.

the

neces¬

1878.

1877.

1876.

1875.

1874.

1873.

1872.

North Carolina

82

88

96

99

95

South Carolina

95

99

94

97

88

97

84

97

87

98

96

92

101

85

1C4

86

94

95

104

80

100

•

♦Georgia

1871.

1870.
104

Florida

90

93

89

85

102

Alabama

103

96

98

83

110

94

1C3

93

90

91

Mississippi

107

92

81

102

90

92

104

89

Louisiana

88

112

80

90

95

106

89

99

83

86

101

108

83

100

96

106

93

105

83

103

84

98

97

93

18

108

87

93

96

92

98

110

30

120

107

83

93

104

100

90

95

923

925

91-6

102 0

Texas

Arkansas
Tennessee

Average

994

958

100*9

of

Home

For these
a

prices of cotton later

reasons

‘‘Spinner”:

we

on.

We say

this, because

give place to the following timely
(the last one) appro-

This year,
to
of

according to your tables, Northern mills have taken from
ports
August 9, 994,000 bales, against 908,000 to same date last
year, an increase

86,000.

If the “ overland” movement direct to the
mills has been as
large
last year (3j0,000 by your annual
report), then the Northern mills have
already taken 1,294,000 bales since September 1 1877.
It is quite certain that last
year the mills had taken, before
September 15, at
least two weeks’ supply, or 50,000
hales, more than was actually necessary to
keep up fall work to the incoming of new crop in
ample supply. That cron
as

tardy

one in its

early maturing portion. This crop, up to this
time,
ample supply two weeks earlier than last year,
notwithstanding
the probably small receipts in
August. Why do Northern spinners need
buy
any more cotton until they can have it from the new
crop ? Are auy of them
so short in
supply that they must buy? If yes, then others must hold
more
than they need ; and
surely there is nothing in the cotton mill business at
this
promises

an

time to justify a manager or treasurer in
stocking up on high prices in the face
of a new crop, which at its smallest
promise is supposed to be 5,000,000
bales;
a crop
which, if it happen to turn out 5# millions, with the bad
condition of
manufacturing business the world over, would depress prices to the
range at
which the surplus would be a good investment.

Spinner.

It is unnecessary to

add anything to the above. Unless the
takings for purposes other than spinning have increased this

year, our mills must certainly have run into stock.
To be sure,
the export movement in
goods, which has so largely increased, is
on the heavier
makes, and the manufacture for the home market

probably runs in the same direction ; but that will not offset
the decreased
consumption of cotton through bad business and
short time.

First Bale
season

at

Memphis.—The first bale of cotton of the
crop

reached

Memphis August 12. It was grown by J„
Custar, of Bosque County, Texas, and shipped
by Messrs.
Levi & Brothers, of Dallas,
weighed 520 pounds, and was received
by C. P. Hunt & Co., of 308 Front street. It graded
middling to
strict middling, and was sold at auction on
Tuesday in front of the
Memphis Cotton Exchange. The first bale received at
Memphis
last year was on September
1, and in 1876 on August 23, both,

from

Mississippi.

The

English Spinning Demand.—The Manchester
Guar¬
in its commercial article on Wednesday of this
week,
August 14th, said: “ Nowhere is there any sign of return¬
ing life in our market. The tone continues fully as

dian,

and
87*9

This gives an
average condition which is 2"7 higher than in
1.877, but 4*4 lower than in 1876. As, however, in
obtaining this




excess

W.

States.
-

409,000 bale3 in

Messrs. Editors—Your cotton crop
report for 1876-7
l riated to Northern home mills 1,288,000 bales.

of this

August.
.

ity.

stter from

was a

to the condi-

Washington, Augnst 14. - The August returns to the Department
of Agri¬
culture show an average condition of the cotton
crop in the ten cotton States
•of 95—a decline of 4. The
following are State averages :
North Carolina
82, a gain of
1
South Carolina
9?, a loss of

this

ression in the

3,631
1,930
1,423

8.

by

crop over

Spinners.—The takings from this
by our spinners during late weeks have been
large. It is
certainly not in the interest of producers of cotton or of
goods
that it should be carried
further, for it can only lead to an undue

total

port receipts

^reported

Purchases

August, according to these Agricul
a

market

4,267,816 3,963,944 4,100,097 3,478,297 3,778,889
3,600,387

Percentage of

received

the prospect on the 1st of
tural Bureau
figures, was of
last year.

1,744

604

457

gives an increased or improved condition
States, and for most of them a very decided
improvement.
Now, if we add to the above tlie
changes in
acreage for each State, as per Chronicle
report, it indicates that
for all the other

three

discouraging
weeks.

dull

at

any time within the past two
On the one hand
buyers are disheartened by
as

absence of any symptom of

improvement in the consuming

kets, and have, therefore, little motive

to

pay

or

the

mar¬

higher rates than

178

THE CHRONICLE.

tlie lowest which

were

current before

the recent advance.

On

the other

1

[VOL. XXVII,
‘

The weather is generally
reported unfavorable, both extremes of too we
and too hot and
dry being noted. Fourteen counties report an
average of
per cent of the original acreage abandoned.
The weather, as compared with
last year, has been unfavorable.
Eight counties

hand, the spinners and manufacturers, though very
sell, find themselves confronted by an important
report the
forming and
bloomicg well, and eleven counties that it is not, the latterplant
advance in the raw material, and if
being black land*
they were to accept the cur¬ counties. The complaint of injury from shedding
is general. The present
condition of the crop does not
rent offers for
compare favorably with last year, and Jasper,
any quantity, they would either have to cover with Lee and
Kemper counties report the appearance of worms, the boll worm
in
a margin worse than
any they have had to deal with during the Kemper having done some.injury to date named (July 31).
present period of depression, or to speculate upon a decline in
New Orleans Department
covers that part of the State
cotton; instead of the first of these alternatives the
of Mississippi not apportioned to the Memphis
stoppage of and Mobile Cotton
Exchanges;
the entire State of Louisiana and the State
seems
machinery
in every way the preferable course, and the of Arkansas, south of the Arkansas
River.
The report is prepared and
issued by the New Orleans Cotton
latter (speculating upon a decline in
Exchange, through their Committee ^on
cotton) would be an exceed¬ Information and
Statistics, composed of Wm. A. Gwyn, Chairman, L. F..
ingly unsafe step, in view of the diminished visible
supply of Berje, Jesse S. Flower (Acting Chairman), John M. Witherspoon,
anxious to

Bussey, Jules Mazerat, Otto Heyn, J. M. Frankenbush, R. L. Moore.

cotton.”

Detailed Cotton Exchange Acreage
Reports
1.—We give below, in full, the Cotton
for

for

Louisiana.—84 replies from36 parishes.
Average date, July 31.

Aug.

Fifty

per cent of the reports represent the weather since
able. and the same number as favorable, the low lands July 1 as unfavor¬

Exchange Acreage Reports

Ang 1.

generally suffering
from too much rain, causing the
plant to shed. From this cause, also, the
condition at the close of July did not
compare favorably with that of the
same peiiod of last year.
Tne stand averages about the same as last season.
In about half the parishes the plant is
but the other parishes all complain offorming, blooming and boiling well,

Norfolk Department.
Exchange
(H. S. Reynolds, Chairman, W. D. Rountree
andR. P. Barry, Committee on Information
and
report, covering the State of Virginia and the Statistics) issues the following
following Counties in North
Carolina: Rutherford, Lincoln, Catawba,
Rowan, Davidson, Iredell, Burke,
Wilkes. Caldwell, Alexander, Davie,
Forsythe,
Rockingham, Caswell, Person, Granville, Warren,Yadkin, Stokes, Surrey,
The Norfolk Cotton

per cent of the lands put under cultivation in cotton in this
State
have been abandoned.
Several parishes report the appearance of
worms, but

no

Charleston Department

of South Carolina, and is prepared and issued
Charleston Cotton Exchange,
by the
through their Committee on
Statistics, composed of Robert D. Mure, Chairman, L. J. Information and
Walker
and
A. W.
Taft.

or even

Savannah Department.

*

Georgia.—125 replies from 59

counties.

The last report

issued by this Exchange left the crop in a most
favorable
position. During the past month there have been changes ;
evvry correspon¬
dent represents the weather as
having been excessively hot; from Southern
Georgia comes the complaint of too much rain, w’hi.'e Middle
and Northern
Georgia have suffered for the want of it. On the whole,
however, the weather
has been more favorable up to this period
than last season, and stands
as good or better.
quite
The plant was forming, blooming and
well until it
was stopped, midd’e of
July, by the drought and heat, butboiling
it was
timely rains, beginning on the 27th ult.; rains then set in whichrelieved by
on
lands produced rust, and on the stifl c
sandy
ay lands shedding of forms and bolls
With favorable weather a new growth will start
up, but any good result from
same must depend
entirely upon the seasons and a late frost. The
present
condition of the crop compares
favorably with that of last year at this date.
In the lower tier of counties, where there has
been too much rain, there
are
numerous reports of
caterpillar, but no damage has as yet esulted from
them.

Florida.—27 replies from 16 counties.

The weather the past month has been
very hot, with, at times, too much
rain, but it has been more favorable up to this
period than last year, and
stands generally better. The plant is
forming, blooming and boiling well,
though the complaints of rust and
shedding are general, and in some sections
trouble Is looked for from the caterpillar.
In the Sea Island section there has
been too much rain, and the condition of that
crop is less favorable than at
this

period last

year.

Mobile
covers

the

Department

State

Alabama.—83 replies from 41 counties.

Average date, July

31.
The weather is reported as
having been dry and hot during most of the
month, many reporting too dry. Very little or original
planting abandoned,
not enough to be noted.
The weather as compared with last
year is conflict
ingly reported; in upland counties the majority of letters
ble, and in prairie or bottom land counties less so. It issay it is more favora¬
generally forming,
blooming and boiling well in upiauds, but not
satisfactorily in prairie and
bottom lands. In these last the bott< m
not good, and in all the conncrop
is
tie s there is complaint of
shedding. 'I he crop as a general thi^g compares
favorably with last year, with the exception of
shedding and small bo tom
crop noted above. Worms are reported as having made their
appearance in
Lowndes, Marengo, Montgomery. Autauga and Ch ctaw
counties, but on
date of letters no damage had been done.
f

Mississippi.—40 replies




33 counties.

season.

Average date

the State

of Texas, and

Department

prepared and issued by the Galveston Cotton
Exchange, through their Committee on Information and Statistics,
composed
of J D. Skinner, Chairman, H. I.
Andersoj, J. M. Kirwan, Pat. Fitzwiiliam,
was

Chas. Kellner.

•

Texas.—105 replies from 67 counties, dated
July 31.

'

1. The character of the weather has been
favorable in 41 counties and
unfavorable in 23 counties.
2. Nine counties report 10 per
cent, one county reports 15 per cent, two
counties report 20 per cent, five counties
report 25 per cent of lands abandoned
since planting, principally in the northern
part of the State, in consequence of
extremely wee weather.
3. Ab compared with last year, the weather
up to this period has been more
favorable in 37 counties, same in 10
counties, and less favorable in 2U counties.
4. The stands of cotton are
good in 63 counties, poor in 4
compared with last year, better in 38 counties, the same in 25 counties, and,
counties*, and
worse in 4 counties.
5. Fifty-four counties report the cottcn
plant
while in 13 counties it does not form well and is forming and blooming well;
shedding.
6. The present condition of the cotton
crop is good in 62 counties and not
good in 5 counties, and, compared with last year, 62 counties
report the con¬
dition better and 5 counties wo.ee.

covers

Middle

Nashyille Department
Tennessee east of

the

Tennessee River, and the
following
/—Lauderdale, Franklin, Colbert, Lawrence, Morgan,
Limestone, Madison, Marshall, Jackson, DeKalb and Cherokee. The report is
prepared and issued by the Nashville Cotton Exchange, through their Commit¬
tee on Statistics and Information, Leonard
Parks, Chairman.
Middle Tennessee.—20 replies.
Counties of Alabama

1. Of the character of the weather since
July 1, sixteen replies say favor¬
able ; four replies say unfavorable, too much ram.
2. Sixteen replies say none; four
replies say about ten per cent lands
abandoned.
8. Of the weather since
planting up to this period, compared with same time
laet year, eleven replies say more
fatorabie; four replies say less favorable ;
five replies say about the same as last
year.
4. Nine replies say the stands of cotton are about
the same as last year
three replies say much better; eight
replies say not so good as last year.
5. Eighteen replies say the cotton
plant is forming, b’ooming and boiling
very well; two replies say not well, too much rain.
6. Of the present condition of the corton
crop, hs compared with same time
la-t year, fifteen replies say very good,
better than last year ; five replies say
not so

good

as

last year.

dry weather during the month has been of great advantage to the
crop, preventing the cotton from going too much to weed.

Committee on Information and Statis¬
tics, composed of T. K. Irwin, chairman, Julius
Buttner, A. M. Willmarth, J.
C. Bush and S. Haas.

July 31.

last

7. The

of Alabama as far north as the summit of the Sand
Mountains, and the following counties in Mississippi:
Lauderdale, Newton, Kemper, Nesholso, Noxubee,Wayne, Clarke, Jasper,
Oktibiba, Colfax, Monroe, Chicasaw, Itawamba, Lee. Winston, Lowndes,
Pontotoc, Prentiss.
Alcorn and Tishamingo. The report is
prepared and issued by the Mobile
Cotton Exchange, through their

r

Galyeston
covers

weather

This report covers the State of
Georgia and the State of Florida. The
is
prepared and issued by the Savannah Cotton Exchange, through report
their
Committee on Information and
Statistics, composed of J. H. Johnston
Clavius Phillips, J. J. Wilder, L. G.
Young and K. M Oppenheimer.

as

Arkansas.—44 replies from 21 counties. Average date, July 31.

South Carolina.—Condensed from 93
replies from 33 counties.

average
be made up, and a
result; but from present prospects we do not look forgood yield be the
any considerable
acrease over last year.

favorable

The weather since July 1 has been
good, but from the commencement of
the season up to the close of July has been less
favorable than during same
period last year. Of the lands planted in cotton in this State an
average of
five per cent has been abandoned on account of the
long-continued rains.
Stands are about a fair average, and the plant is
blooming and bol ing well.
The present condition of the crop
hardly so gooJ as la;t year.

The weather up to 25th
July wras reported in almost every section of
the
State excessively hot and
dry, causing considerable shedding of bolls. From
that date to the 31st, considerable rain
fell, especially on the 28th.
thought if rain was continuous that the plant would put out fresh Many
growdn
causing heavy shedding. No lands have been abandoned in
this State. The
weather for the season to date is
more favorable by
favorab’e by thirty-five, and aboutreported
the same by seventeen. Theforty-one, less
a few exceptions, are
stands, with
reported good, if any difference a little better
than last
year, though a few counties report the plant small.
The plant is
generally
reported forming, blooming and boiling well, but also
shedding badly in
several counties. The present condition of
the crop is
generally reported
about on an average with last
year, excepting four counties, which
are
reported decidedly better, and one very much worse. Your
committee, from
above data, are unable to give
any decided opinion, so much depends on the
weather for the next two

months; but with favorable

are not so

The weather since July 1 has been
decidedly unfavorable, more especially
during the first fortnight, owing to continued rains in most counties.
An
average of five per cent of the lands planted in cotton since the
beginning of
the season has been abandoned.
Compared with last year, from the begin¬
ning of the season to the close of July the weather has not been so
favorable.
Some injury to the stands has been sustained
through freeing the fields of
grass, but, on ihe whole, though not good, they may be considered as
fair.
About one-half of our correspondents
report that the plant is not blooming
and forming well; the other half state the
reverse.
As a general thing the
bottom crops are poor, and a large
percentage of the lands abandoned are of
this description. The
crops are partially grassy, though much has been done
to improve them, since the rains
ceased, in many sections. Smith, Claiborne,
Copiah and Covington counties report the appearance of the
worm, but no
damage as yet.

July, with the exception of

damage already done will

On the whole, the present condition and
pros¬

yet.

Mississippi.—133 replies from

more
favorable than last year; two
replies report the weather about the
same, while
twenty-six replies report the weattier less favorable. Six
replies report the
stands as good, and better than last
year, and thirty replies report the stands
very poor, compared with last year. The
plant is small, but forming, bloom¬
ing, and boiling well. The condition of the
crop was not so good up to the
last of July; since then it has
improved.

much of the

as

July 31.

having been very dry and hot. Very little of the lands arethe last few days, as
reported as
been ploughed up and replanted.
Eight replies report the weatherhaving

the State

damage has resulted

pects of the crop in Louisiana

North Carolina and Virginia.—36
replies from 21 counties.

covers

shedding caused by too much rain.

Fully three

Hyde, Pitt, Green, Cartaret, Craven, Beaufort, Tyrrel,Franklin, Nash, Wake,
Washington, Martin,
Bertie, Chowan, Pasquotank, Camden,
Currituck, Gates, Hertford, Northamp¬
ton and Halifax.
All report the weather in

Cyrus

from

19

counties.

Average date,

North Alabama.—25 replies from 11 counties.
1. Of the character of the weather since
July 1, twenty replies say hot and
dry ; five

replies say favorable.
2. Twenty-five replies say no lauds have been
abandoned since planting.
3. Of the weather up to this
period, compared with same time last year,
thirteen replies say more favorable
; six replies say about same as last year ;
six replies say less favorable..
4. Seventeen replies say the stands
compare with last year very good, better
than last year ; eight replies say ret so
good.
5. Tweuty-flve replies say the cotton
plant is forming, blooming and boiling
very well.
6. Twelve replies say the present condition of
the cotton crop compared
with same time last year is very
good, better than last year; seven replies say
about the same as last year; six
replies say not in as good condition as last
year.
7. There has been some complaint of
rust, which Is not, however, general.

the

Memphis Department

State of Tennessee. west of the Tennessee
River, and the foU
lowing counties in Mississippi: Coaboma, Panola, Lafayette,
Marshall,
De Soto, Tunica, Benton and
Tippah, and the State of Arkansas north of the
Arkansas River. The report is
prepared and issued by the Memphis Cotton
Exchange, through their Committee on Information and Statistics,
composed
of.Sam. M. Gates, Chairman; L. Hananer, J. N.
Falls, A. M. Agelasto, Jas.
S. Day, R. F. Phillips and W. F.
covers

Taylor.

August

17, 1878.]

THE CHRONICLE.

West Tennessee.—40 responses.

Wlather:

16

report the weather for July very favorable, 21
moderately
favorable, 3 unfavorable; 27 very warm and
generally dry; 13 first 10 to 15
■days very wet. latter 15 to 20 dajs
excessively hot and dry; 2 too much ram
throughout, 4 no rains. Abandoned Crops: 34 report none
abandoned, 6 from
1 to 15 per cent in their
vicinity, averaging to the district X Per cent. Weather
for the Season, compared with
1877 : 26 report the seaeon to close of

179

From the

foregoing it would appear that, compared with last
year, there has been a decrease of
6,000 bales in the week’s
ments from
ship¬
Bombay to Europe, and that the total movement
since January 1 shows a decrease in
shipments of 103,000 hales,

compared with the corresponding period of 1877.
Gunny Bags,
weather, 1 account of more rain; 6 less
Bagging, &c.—Bagging has not been
favorable; 2
very active
rain, 4 more rain; 8 report about same. Cotton Standi
during
the past week, but there has been a fair trade
and Comparison with
1877: 5 report cotton stanrts
with more
very fine; 31 good, 2 moderately good, 2 not
demand,
inquiry at the close. The sales have been
26 much better than
good;
1877, 11 about same, 3 not so good.
Cotton Fruiting: all 1,500@2,000 rolls, at
moderate, in.
6 report crops were never
]0£c. for light weight and ll|c. for
forming, blooming and boiling better, 25
8 moderately well,
well, standard, and these
1 not well. Condition and Comparison with 1877:very
figures
are still quoted by holders.
6
condition very fine in all respects, 25
report not
Butts are
good condition, 8 moderate
coming to hand to any extent, but the demand is not
condition, 1
poor; 29 well cultivated, mostly free of
grass and weeds; about 7 per cent of
and
the
large,
stock is ample for all needs.
crop is very foul with grass and weeds; is
There have been sales of
reported 2 weeks earlier; 31 report several
condition much better than last
hundred
bales during the week at
year; 7 about same, 2 not so good.' Miscel¬
laneous: See aggregate.
2£@2fc., as to
and the market closes
quiet, but steady, at above figures. quality,
North
more

and

favorable than to the

same

warmer

date 1817. 25 of which

July much

of less rain
account less

on account

Mississippi.—39 responses.
Weather: 10 report weather for
July
able, 3 unfavorable; 23 very warm and very favorable, 29 moderately favor¬
generally dry, exceptional light
showers; 17 that first 10 to 15 days excessive
rains, latter 15 to 20 days very
warm and dry.
Abandoned Crops: 33 report none

per cent,

averaging to the district

pared with 1877 :

25 report more

warmer

weather, 2 account of more
rain, 1 more rain, 6 excessive rains
4 report weather about same.

1 per cent.

abandoned, 9 report 1 to 10
Weather for the Season, Com¬

favorable—23 on account of less rain and
rain: 13 less favorable—6
account of less
in May and June and
dry weather in July;

Cotton Stands and

Comparison with 1877: 1
reports stands very fine, 32 good, 8
moderately good, 1 not good; 28 much
better than 1877, 9 about
same, 5 not so good.
Cotton Fruiting: 1 reports
forming, blooming and boiling was never
better, 28 very well, 13 moderately
well.
Condition and Comparison with\Si%:
5 report condition of
crop very
fine, 25 good, 12 moderately good, 2
poor; 31 report well cultivated, free of

The Exports

op

Cotton from New York this

increase, as compared with last week, the total week show an
bales, against 3,262 bales last week. Below we reaching 5,106

table

showing the exports of
direction, for each of the last

four weeks; also the total
exports
Sept. 1, 1877; and in the last column the
total
period

and direction since

for the

same
of the previous year:
■xportsol Cotton (bales) from New York

aggregate.

North Alabama.—9 responses.

The weather is reported
very favorable by [2,
8 report warm and
moderately favorable by 7;
generally dry, 4 of whom mention showers
during first
week; 1 reports first two weeks being
very
wet,
last
two
of the crops have been
abandoned. 7 report weather more dry and hot. None
favorable than last
year, on account of less rain, and warmer.
Temperature: 2 less
account of rains in
May and June, and excessive drouth of favorable on
July. Stands
reported very fine by 1, good by 7,
moderately good by 1; 4 report much better
than 1877, 4 about the
same, 1 not so good. 7 report
forming, blooming and
boiling very well, 2 moderately well. Of
condition, 1 reports very fine. 7
well
cultivated, free from grass and
vely grassy: 6 report much better
condition than last year, 3 aboutweeds;
Rust is mentioned by 4,
same.
but without serious damage; 3
report crops 20 to 25
per cent better than last year.

food, 1 moderately good; 8 report

since

Seot.l» 18TT

WEEK ENDING

EXPORTED TO

Same
period
prev’ua

Total

grass ana

weeds, 8 per cent of crops very foul with
grass and weeds; crop 14
days earlier; 28 report condition much
better than 1877, 8 about
so good.
same, 6 not
Miscellaneous: See

give our usual
York, and their

cotton from New

July

July

24.

Liverpool

3,318

Other British Ports.

7.

5,695

554

Havre
Other French ports.

•

.

Total Frencli..

•

• •

Bremen and Hanover

Hamburg

Other ports

Total to N. Europe.

5,695

•

•

•

•

•

•

•

• • • •

•

•

•

•

•

•

•

•

@

....

•

•

•

•

•

•

•

•

•

•

•

•

•

14.

date.

5,106

330 360

100

....

3,318

Aug.

31.

....

Total to Gt* Britain

Aue\

to

5,857

345,979
35,434

336,217

381,413

9,544

9,383

....

6!4

5.106

218
••*

115

....

218

year.

....

•

•

•

....

•>

9.363

20,718

15,029
2,878

19.206

....

•

9,659
4,986

^

•

13,576

44,910
31,563
Spain. Oporto A Gibraltar Ac
Weather: 12 report weather for July very
2,330
2,390
favorable, 25 moderately favorable, All others..
4,014
6 unfavorable, 39
very warm and
2,398
750
dry, 13 first 10 to 15 days exces¬
sively wet, latter 15 to 20 days very generally
warm and
4 no rain.
Abandoned crops: 31 report nonedry, 5 too much rain throughout, Total Spain, See......
2,890
4,788
4,764
12 report from 1 to
30 per cent
abandoned, averaging 2 per cent forabandoned,
this district.
Grand Total
Weather for the
season compared with
3,318
1877: 22 report season to close of
5,695
3,262
5,106
395,574 427,128
than 1877—21 on account of lees
July more favorable
rains and warmer
The following are the
more rain; 15 less
1
account
of
temperature,
receipts
of
cotton
at
New York, Boston,
favorable—8 on account of more rains, 7
in May and June and
excessive rains
Philadelphia and Baltimore for the past
drouth of
6 report weather about same. Cotton
week, and since Sept. 1, ’77:
Stands and Comparison ioith 1877.*July;
27 report good
stands, 14 moderately good,
2 not good, 17 much better
than 1877, 16 about same. 10
NEW YORK.
not so good.
BOSTON.
Co ton
Fruiting: 1 reports the cotton
PHILADELPHIA
BALTIMORE.
forming,
blooming and boiling never better, 29 ebce’ts from
very well, 13
moderately
well. Condition and Comparison with 1877.* 5 report
This
Since
This
condition very
Since
This
fine in all respect?, 17 good
Since
This Since
week. Sept. 1. week.
poor, 22 well cultivated, free of grass and condition, 18 mode lately good. 3
Sept-1. week. Sept.1. week. Sept.1
weeds;
about
10
cent
per
of
seriously overrun with grass and weeds; crop
crop
reported ll days earlier; 23 New Orleans..
1,832 210,391
report much better than 1877, 11 about
20,345
Texas
9
not
same,
so
good.
87,461
See Aggregate.
Miscellaneous: Savannah
8,310
4,660
347
147,202
30,980
267 25,680
Mobile
aggregate—125 Responses.
56,285
1. Weather: 38 report the
3,246
Florida
weather for July very
5,700
favorable, 75 moderately 3’th
2,792
favorable, 12 unfavorable; 30 weather
Carolina
very waim and generally very
90
109,397
914
exceptional light showers; 43 report that
dry, with 6Tth Carolina.
*'ie
265 20,319
firs*. 10 to 15 days were
11
55,264
wet, with latter 15 to 20 days
3 19.175
very hot and dry; 7 report too much excessively
Virginia
323
163,370
rain
entire
60,016
month; 8 much damage from drouth.
56 45,944
North’rn Ports
5
14,000
136 107,644
2. Cotton Abandoned: 98
report none abandoned, 27 report 1 to
145
Tennessee, Ac
144,076
30 per cent
249 110,564
.abandoned ou account of
48 42,838
grass and weeds,
9,730
this d< partment.
averaging 1% per cent of crop of Foreign
5,773
17

Arkansas.—43

•

•

•

t

....

•

•

•

•

responses.

•

•

•

•

•

•

•

•

•

•

•

•

•

•

•

•

•

•••

•

•

•

•

'

• • •

•

•

•

•

•

•

•

•

«

9

•

•

•

m

•

•

m

•

•

•

....

•

•

•

■?

•

•

•

•

•

•

*

*

•

•

•

•

•

•

•

•

•

•

•

•

•

•

•

•

•

.

-

•

•

*

•

•

....

....

....

3.

Weather Compared with 1877: 73
report the season to close of July much
more favorable than to same
date 1877, 69 of which on
account of leas rain and
warm
temperature, 4 account of more rain and
wanner; 34 report less favor¬
able ; 8 for Jess
rain, 11 for more rain and 18 for excessive
wet in May and
June and continued drou h in
July ; 18 report weatli r about the same.
4. Cotton Stands
Compared
with 1877 : 6 report
90 good, 24
flue stand*,
moderately good, 5 not good, 71 much extraordinary
b-tter than 1877, 36 about
same, 18 not so g >od.
5. Cotton
Fruiting: 8 report that cotton crops were never
ing and bolliDg better than this
forming, bloom¬
season, 82 very well, 34
not well.
moderately well, 1
6. Condition
of Crop and Comparison with 1877: 16
tion in all
report very fine condi¬
respects, 65 good condition, £8
82 report well
moderately good, 6 poor conaiti n;
cultivated, free from glass and
weeds, 30 crop very crassy, aver¬
aging 8 per cent of crop seriously in
gn;ss and vee .s; 82 report
better than last year, 26 about
crop much
same,
17
not
so good.
7. Miscellaneous: Under
ihis head there is
general complaint of the
ment of rust
develop¬
throughout this eLtire department, the
the past 15 to 20
resu-t, as is supposed, of
days of excessive dry, hot
two
weather;
localities report
crops as having almost lost or fast los i
g foliage ; the balance teport
as yet not
damage
material, but express much apprehension.
It
from reports
may be added that
subsequent to our correspondence that the
malady is fast
spreading, wiih apprehensions (not without
good reason) of
8. Corn Crops: 27
increasing.
report that early pin.ted corn
crops are very fine, 74
good, 2i fair; late planted, 79 report condition
:air to good, 46
cultivated and suffering for rain.
poor, not well
9. Hogs: 6 report
hogs in better condition than for
many years, 71 very
good condition, 37 fair, 11 poor; the latttr two
classes neeaing corn ; 33
losses by dis ases.
report
averaging to the entire depa tment 4 per cent
is a very great improvement
loss, which
on last year at this
date.
10. Labor : 6 report laborers
working better than tver, 102 working
moderately well. 1 not well. There
well, 14
is
ome complain
of having laid
crops too soon, especially in
by
Arkansas,
where
politics a e becoming attractive
to laborers.

Bombay

Shipments.—According
to our cable despatch
been

received
1,000 bales shipped from
Great Britain the
Bombay
to
past week and —bales to the
while the receipts at
Continent;
Bombay
bales. The movement since during this week have been 3,000
the 1st of
January is as follows.
These are the figures of W.
Nicol & Co., of

to-day, there have

brought down

to

Thursday, Aug 15:

Shipments this

1878
1877
1876

Great

Conti¬

Brit’n.

nent.

1,000
3,000
2,000




4,000

Bombay, and

week

Great
Total. Britain.

1.

Conti¬
nent.

1,000 287,000 386,000
7,000 373,000 403,000
2,000 526,000 346,000

2,753

942,639

385 344,828

315

Total last

4,463

935,184

1,232 346.708

41

year.

Total.

This
Week.

673,000
776,000

2.000

872,000

4,000

2,000

Since
Jan. 1.

844,000
990,000
988.000

73,194

325

•

• »

151,953

the same

exports reported

by telegraph, and published in
The Chronicle, last
With regard to New York, vie
Friday.
Include the manifests of all
vessels cleared up to
Wednesday
niffht of this week.
Tofa, b,:es.

New York—To

Liverpool, per steamers City of Montreal, 846..
*75....Brit«nic, 619... Celtic. 885
Scythia,

Idomone, 1,615
j
Boston—io Liverpool, per steamers

Erin,

466....per ship
:

.

5,106

Istrian, 72....Hooper, 205

27?

Total

Thep&rticular&of
are as

....

these

follows:

shipments, arranged in
'...

5,383

our usual form

Liverpool.

New York.
Boston.

Total

5,106

5,106

277

277

Total

5,383
5,383
date of disasters to
vessels
carrying cotton from United States ports, etc.:
Idaho, (Br.) Five boats, some sails, masts, &c., saved from
the wreck of the
steamship Idaho, from New York for
Liverpool, before reported, were
to be sold at auction at
Kilmore. Ju'y 21st.
Marie Fredericks,
ship, (Nor.), from New Orleans for
Liverpool, which put
into K y We-*t, -June
17th, leaky, w>n
discharging August 13th.
Carl Georg, bark
(Ger.), Storer, from Caarleston, S. C., cotton
before reported, was driven ashore
laden,
23d on the Estonian
Coast,
Narva, by a heavy N. W. gale. In wa*July
stated on the 24th that

Below

was

Cotton

we

give all

making

news received to

freights
8 team.

Saturday.
Monday..
Tuesday.

—

—

Wed’day. —(&X
Thursday —&X
Friday.... —

the vessel

water and that the cargo was

damaged.
the past week have been as follows:

-Llverpooi.-

are

Receipts.

•

64,021
165 122.505
Shipping News.—The
exports of cotton from the United
States the past week, as
per latest mail returns, have
reached
5,383 bales. So far as the Southern
ports are concerned, these
are

d.

Shipments since Jan.

....

Total this year

Sail.
d.
15-64 cmp.
15^64 comp.
15-64 comp.
75-64 comp.
15-64 comp.
15-64 comp.

Liverpool, Aug. 16—3

Havre.
Steam. Sail.
C#

X
X
X
X
X
X

P.

.

.—Hamburg-*

Steam.

c.

cp.
cp.
cp.
cp.
cp.
cp.

pool.—Estimated sales of the

Bremen.Steam.
Sail.

—

<&% 11-16 comp.

—<&% 11-16 comp.
—(0>% 11-16 comp.

X

X
X
—11—16 comp. X
—<&% 11-16 comp. %
— <&X y-16 comp.
X

M.— By

day

were

Cable

Sail,

c.

c.

X comp.
X comp.
X comp.
X comp.
X comp.
X comp.

from

Liver¬

7,000 bales, of which.

I

180

THE CHRONICLE.

1,000 bales were for export and speculation. Of to-day’s sales
5,350 bales were American. The weekly movement is given as
follows:

July 26.
Sales of tlie week

bales.

66,000
3,000

Salles

American
Of which exporters took
Of which speculators took..

The

Aug. 9.

106,000

4,000
9,000

663,000
526,000
13,000
3,000
4,000
194,000

181,000

57,000

42,000

Aug. 16.

38,000
2,000

1,000
61,000
4,000
28,000
617,000
493,000
33,000
21,000
4,000

45,000

Total stock
Of which American
Total import of the week
Of which American
Actual export
Amount afloat.
Of which American
week:

Aug. 2.

32,000
3,000
26,000
2,000
2,000
587,000
465,000
25,000
9,000
6,000
154,000
27,000

29,000
1,000

3,000
599,000
482,000
20,000
18,000
2,000
167,000
31,000

-

following table will show the daily closing prices of cotton for

Spot.

the

Saturd’y. Monday. Tuesday. Wedn’sdy Tliursd’y Friday.

Mid. Upl’ds ...,S>6c8
Mid. Orl’ns.
'«>6%

...a>6%

...®6910
...'©Glim

...

/2/

@6^10
.,2>61ii0

...

©Glijs

..

Futures.

These sales

are

on

Otherwise stated.

the basis of

Uplands, Low Middling clause, unless

Saturday.
Oct

Delivery.

d.

Bept. Oct

Delivery.
August

hi <
6^32

Oct.-Nov... .*

d.

61*32

Aug.-Sept
Sept.-Oct

61532

Shipment.
d.
Nov.-Dee., n. crop,
sail
6H32

691S
6916

Delivery.
August
619.32

Delivery.
Aug.-Sept

8ept.-Oct.6i93o'2)5^@916
Oct.-Nov.

..612@1732® *2

Aug.-Sept...

Sept.-Oct

6i932^916

sail.

6II32

6%

Nov.-Dee.,u.cp.,si.65ie

Tuesday.

Delivery.

Aug
Aug.-Sept
8ept.-0ct

Delivery.

6*$

Oct.-Nov
Nov.-Dee

6*2
6*2

Shipment.
Nov.-Dee, n. crop,

67ie
6516
6^16

May-Juue

bbl., the most improvement being 'la*
high grades, which were comparatively scarce. But the
offerings were principally from new winter wheat, and the choicegrades of these were taken freely for export at $4 75@|5 10.Common extras also sold in large lines at $4 10@4 15.
Yester¬
day, there was a subsidence of demand, and the close was flat.
To-day, the market was dull and prices favored buyers.
The wheat market was active and
advancing till towards the
close of yesterday’s business, when, under the
publication of esti¬
mates by accepted authorities of an increased
yield for the carrent season,

advance

sail

the speculative action which had contributed
to

end.

to the

On

Wednesday, there was a very active
and buoyant market, No. 2 Milwaukee
selling at $1 13£@1 15in store and afloat; No. 1
spring at $1 20 ; No. 2 red winter at
$1 13£@1 14 spot, Aug. and Sept., and $1 14@l 14£ for Oct.; and
No. 1 white at $1 23. A considerable portion of the
offerings on
the spot were not in condition for
shipment by sail, and sold to
came

an

forward by steam at l@2c. under sail prices. An unusualljr
large proportion of the export demand was from the Continents
Yesterday, No. 2 red winter re-acted to $1 11@1 12 on the spot
and for the next two months.
Spring wheats continue scarce,
go

relatively higher than winter growths. To-day, the mar^
opened lower, but closed steadier, with large sales of No. 2red winter at $1 lli@l 12, spot and Sept.,
closing at the h gher
figure. The movement of winter wheat in Oaio and Michigan
was exceptionally large last weak.
Rye has ruled very firm, with
a
good demand, and late sale3 include No. 2 Western at 64c. on
the spot, and No. 1 State for Sept, at 65c.
To-day, a load of NP>.
2 Western sold for Sept, at 63c.
are

ket

Shipments.
Oct.-Nov., n. crop,

6i~32
6I032

Oct.-Nov

wheat of 10@25c. per

the

and

Monday.

rvot. xxv it

G932

Wednesday.

Indian corn was active and buoyant, Western
advancing
yesterday to 49£@50c. for steamer mixed on the spot and for
September, and No. 2 to 50@50fc. for same deliveries, and there
Thursday.
Delivery.
Delivery.
Shipments.
have been sales of No. 2 at 51£@51£(*. for October. The close last
Oct
Oct.-Nov.. 61»32-12-1532 Oct.-Nov., n. crop,
G910
Aug.-Sept.. 6916®i732 Nov.-Dee
sail
6^8
6 **8
eveniDg was rather weak at these prices. White corn has been
Sept. Oct.
09i6@1732 Dcc.-Jan
6H32 Nnv.-Dec., n.cp,81,61132 in brisk demand at
55@56£c. for good to prime. A slight decline
Friday.
Del ivery.
in
Delivery.
freights to Great Britain and some improvement in exchangeShipments.
Oct
Nov.-Dee
6916
6^8
Oct.-Nov., n. crop,
have
favored shippers.
Aug
To-day, lots on the spot were rathe**
Dec.-Jan
G916
sail
6ii32
63s
Aug.-Sept
6916
Sept.-Oct
6i932 Nov.-Dee., n. crop,
easier, but No. 2 sold freely for September at 50£c.
Bept.-Oct.... 6i732@9i6 ! Aug
sail
.-6i932
6%
Oct.-Nov
Oats declined fully lc. a bushel early in the week, but an active^
Gi^©^ I
European Cotton Markets.—In reference to these markets? demand sprung up and there was a
partial recovery in valuea.
our correspondent
in London, writing under the date of Aug To-day, No. 2 graded eloped at 32c. for mixed and 33c. for
white.
3, 1878, states:
The following are closing quotations :
Liverpool, Aug. 1.—The following are the current prices of
Flour.
Grain.
American cotton compared with those of last year:
No. 2
$ bbl. $2 5e® 3 15 Wheat—No.3 spring,bush $1 02® 1 05

Delivery.
Aug.-Sept
C>ie
Bept.-Oct
...6 *2

Delivery.

Oct.-Nov
Novr.-Dec

Delivery.

Oct.-Nov
Nov.-Dee

61332
6510

67ie
6H32

.

..

..

-Same date 1817.—

^-Ord. A Mid—* #—Fr.& G.Fr,—».—G.&Fine—* Mid.

.16
.14

17

18

19

15#

16

16#

Ord.
.

Mobile...

Texas....
Orleans..

.

.

G.O.
6 3-16
6 3-16

5#
5#
5#

J*

6

Bince the

«

6 5-16

21
17

Li.M.

Mid.

6 7-16
6 7-16

6*
6%

6#
6 9-16

commencement

24

16#

G.M.

Mid.F.

6 11- 16 6#
7%

6#
ol

the year

•peculation and for export have been

17#
14#

7%
7#
7#
7#

6#

Fair. Good.
19

22

16#

18#

Mid.

G.M

63%
6/6
6#

6#
6#
6#

6 5-16

the

6

6#
6%
7

11--16

transactions

American.

on

..109,380
13,870
:. 24,*-90
:.
2,3oO
e. 23,6:0

.173,530

following

119,450

1;4,5,0
1,090
15,160

20,040
25,500

.

The

bales.

1878.
bales.

1877.
bales.

83,897
1,013

59,487
3,7.6

U.K.in
1877.
bales.

13.D07

11.956

3,766
93,788

13,370
272,900

172,773

437,420

480

5,204

21,980

6i,092

160,213

statement shows

the sales and imports
cotton for,the week and year, and also the stocks on
hand

oi
on

Thursday evening last, compared with the corresponding period
of last
year:

SALES, ETC., OF ALL DESCRIPTIONS.

—Sales this week.
,
Ex- SpeculaTrade. port
tion. Total.
American..bales 52,660
600
8,230 61,690
Brazilian
5,840 1,100 6,630

Total
this

r—

Egyptian

Smyrna & Greek f
West Indian.... J
East Indian
Total

7,500
o ron

2,750

d’C90

180

960

4 230

6,210

1.960

9.420

17,620

75,333

4,043

American......

21,424
2.714

Smyrna and Greek.

year.

Same

Average
period weekly sale*,
1877.

1878.

1877.

1,286,370 1,102,780 41,910 37,190

■!
1

90,690

201,070

2,750

180,630

6,330

159,420

5,823

5,120

33,210
167,340

21,100
810
261,593 3,840

5,550

f

1,334
3
744

To this
date
1878.

To same
date
1877.

1,661,356
93,241
112,632

1,564.972
273,551
161,184

1,205

23,361
195,028

6,5)4

4 10® 4 25

Wheat

extras

do XX and XXX
do winter X and XX...
do Minnesota patents. .

4 05® 4 30
4 40® 6 50
4 25® 6 25

6 00^ 8 5U

This

day.
492,760

Same
date Dec. 31.
1877.
1877.

88.540

612,800
146,690

15,290

213,500
31,360

95,920

94,750

932

450

30,270
245,157

8,420
61,520

mily brands
Southern shipp’g extras.

Rye flour, superfine
Corn meal—Western,&c.
Corn meal—Br’wine. &c.

The movement

130 1

20,760 ) 16,010
60,560
31,930

in

32,863

2,037,003

2,276,066

616,980

936,860

887,550

BHEADSTUFFS.
'

Friday. P. M„ Aug. 16, 1878.
The flour market was active for
export and home consumption,
mnd there was an advance in
prices of the products




of spring

.

Rye—Western
State

Oats—Mixed
5 00® 6
4 40^ 4
3 00® 3
2 20® 2
2 9J® 3

Barley—Cauada West

<0
60
00

61®

54

66 ca

69>

30®
33.
31® 36#

White

75
8>

®
®

State, 4-rowed
Western feeding.......

Peas—Canada bond&free
breadstuff's at this market has

40®
77®
been

....

..

.

4#
9i
as

follows:
r-RECKIPTS AT NEW YORK.—\
,

Flour, bbls.
C.meal, “

1878.
For the
Since
week.
Jan. 1.

104,113
4,689

Wheat,bus. 1,£63,770
“
Corn.
860,192
Rye,
“
45,313
Barley, “
*11,575
Oats.
“
366,061
*

>

2,161,881
127,486

Same

EXPERTS PROM NEW YORK.-

-.878.For the
Since
w ek.
Jan. 1.

time

1877.

1,654,147

46,657

141,562

3.033

1,50 7,1)02
135,039

30,0)9,793 3,535,765 1,038,319 27,100,231
22,161,385 17,401,372 825,664 13,244.669
2,672.5(8
471,4 6
137,370 2.564.937
*2.697.410 *2,1-6,197
500 1,509,193
7,526,912 5,479,650
95,490 2,035,096

*

1877.
*
For 1 he
Since*
week.
Jan. 117,431
t.8 93**
5,125
143,069*

120,19) 5,028,937'
733,9; 9 14,625,258:
33.9; 4
866,034
29.014
748,784
5:1

38,613

Including malt

RECEIPTS AT LAKE AND RIVER
AUG.

10, 1873, FROM

PORTS FOR THE WEEK ENDING

DECEMBER 31 TO AUG.

AND FROM AUGUST

Flour,
bbls.
(196 lbs.)

AT—

Chicago
Milwaukee
Toledo
Detroit
Cleveland
St. Louis
Peoria.
Duluth.
Total.
Previous week

Wheat,
bush.

1

TO

Corn,

(60 lbs.)
413.851

2,295,245

Same time 1876

Oats,

10,

Barley,

bush.
bush.
(32 lbs.) (48jbs.)
609,354
12,559

20.870

14.370

47,150

18,065

220,219

6,6 9

642,555
606,079

17,896
6,608

2,207

521

23,800

27,000

27.089

384,:50

117.950

1,037

2,565

246,080

84,131
10 2,234

S80

2,094,600 2,921,774
1,988,464 2,516,409

92 »,290 8,267,994
Corresp’ng week,’77
95,975
Corresp’ng week,’76. 91,681805,114 2,487,363
Tot.Dec.31 to Aug.10.3,363,076 38,090,051 57,942,336
Same time 1877
2,421,663 12,010,948 48.376.534
Same time 1876
3,113,197 27,951,092 46,661,667
Same time 1875
2,793,418 32,899,685 29.849.534
Tot.Aug. 1 to Ang. 10 186,415 4,083,064 5,438,133
Same time 1877
187,826 1,719.423 5,678,939

game time 1875

AUG. 10.

bu'h.
(56 lbs.)

.

Total

.

City shipping extras
4 10® 5 25
City trade and fami'y
brands
5 40® 6 25

630

27,990 107,330 1,753,660 1,749,760 55,160 51,820
-Imports.-StOCKB.-

This
week.

West Indian

13,570
10,250

Extra State, &c
Western Spring

116,450
12,230
22,410

470

155,210

Actual

outporte to date--*

29,650
195,170

od

:

spec, to this datc->
1877.
1876.

bales.

7#

No. 2 spring
1 09® 1 11
No. 1 spring
l 13® 1 14
Red and Amber Wint’r 1 00®
1 13
Red Winter No-2
1 ll g,l 11#
White
l 08® 1 25*
Corn—West’n mixed
45®
49«
do steamer grade.
® 47#
Southern yellow
CO®
5(Si
Southern white
54®
57'

3 53731 4 00

ern

Southern bakers’ and fa¬
Actual exp.from

r-Taken
1878.
bales.

M.F.

.

Superfine State & West¬

177,429
160,593

1,506,956

2,518,337

26,200
161,422
257,700
I,129,330
734.427

‘

Rye;
bush.

*i5^78&4
15,120'
1JJQ9*
8'ir

215

6314

7,00)

29,700

38,360
24,685

169,38?
88,284
163,175
77,108

551,875
28,279
382,756
17,312
16,424,798 2,993,926 2,316,975
II,438,727 2,768,131 1,232,148
14,541,432 3,011,673 1,111,293
11,3:2,283 1,601,911 1,614,503
1,863,757
63,045
257,665
792,860
48,999
292.221
4,257,319
704,724
41,234
113,877
2,113,065
720,914
56,656
103,474

.

THE CHRONICLE.

17, 1878.]

August

SHIPMENTS OF

FLOUR

AND

GRAIN FROM WESTERN

31

RIVER PORTS FROM DEC.

TO AUGUST

LAKE AND

10.

50,421,773
42,717,382
42.072,438
21,351,419

10 551,827 1,817,271 1,841,282
12,816,400 1,242,775
926,779
8,431,412 2,118,633 1,075,868
8,u88,072 900,321
839,950

KAIL SHIPMENTS OF FLOUR AND

GRAIN

FROM WESTERN LAKE

AND RIVER PORT3.
Week

.

1875.

August 14,

Flour,

Wheat,

bbls.

bush.

93,402

435,395

593,133

193,6(3
79,246
45,135

183,465

4 (2,776

211,790
219,169

377,618

Oat s,
bush.

Barley,

432.9,1
216,716
169,i'99
148,520

12,510
2,3:0
8,k21
18,553

Corn,
bush

899.631

bush.

Rye,
bush.

23,963
55,3j8

12,129
23,901

RECEIPTS OF FLOUR AND GRAIN AT SEABOARD PORTS FOR THE
WEEK ENDED AUG.

At—

10, 1878,

Flour,
bbls.

•

"-New York

..

bush.

104,787

Boston

Portland*
Montreal

..

Philadelphia

.

..

Baltimore

.

AND FR3M DEC. 31 TO AUG. 10.

Wheat,
1,533,782
42,500

2,275
22,166

•

•

•

15,258
23,047

New Orleans

Oats,
hush.

1,213,992
<

•

183,753
457,-00
907,830
3,088

Corn,
bush.

292,290
6,500
219,244

329,603
42,750
2,2 )0

Barley,

Rye,

bush.
550

bush.

11,900

1,338
57,396

447,800

•

•

•

•

24,000

203,100
5 >,994

21,254

United S.ates of Colombia,309 ;, Brazil, 160 ; British
Indies, 100; Mexico, 45; Hayti, 43; and the remainder in
relatively small lots to other markets. There was a steady de¬
;

East

Tot.Dec. 31 to Aug. 10.3,493,492 27,765,826
Same time 1877
2,336,849 26,575,521
:£Sjune time 1876
3,512,772 11,274,297
tsame time 1675
2,983,217 29,086,180

ending—
-August 10, 1878..
-August 11, 1177
-August 12, 1876.

Britain, 680

181

61,260
1,650
2,500
1,400

mand for all seasonable makes of cotton
and liberal sales were made in

goods at agents’ hands,
package and broken lots by lead¬
ing jobbers. Prices ruled very firm, and many additional makes
of brown, bleached and colored cottons were advanced from
2£
to 5 per cent, without
materially checking their sale. Four-yard
brown sheetings were fairly active, and such makes as Lawrence
LL., &c., were marked up £c. per yard. Bleached cottons were
in good demand and higher in some
cases, and there was a
steady movement in cotton flannels, colored cottons, corset
jeans, grain bags, &c., all of which were firmly held with an
upward tendency. Print cloths were in light demand at 3 13 16c.,
cash, for 64x64’s, and 3jjc., cash, for 56x60’s. Prints continued
active aud firm, and there was a fair inquiry for
ginghams and
cotton dress goods.
Domestic Woolen Goods.—There

irregular demand
woolens, and selections were mainly restricted to
479,378
3,301,834
9,600
moderate lots of cassimeres, cheviots, suitings and worsted
Correep’ng week,’77. 180,695
902,622 2.217,668
329,702
35,223
39,838
Tot. Dec. 1 to Aug. 10.5,066 629 46,775,665 70,689,834 12.449,613 2,437,882 2,667,655
coatings required by cloth and dry goods jobbers for the comple¬
Same time 1877
.3,886,520 7,504,431 50,253,565 10,039,923 2.069,953
765,548 tion of assortments.
Transactions on the part of the
Same time 1876
clothing
.5,443,144 27,000,153 52,628,348 14,859,645 2,009,954
852,240
Same time 1875
trade
were
few
.5,476,578 23,426 85? 31,875,714 10,U85,43 J
and
328,097
168,601
unimportant. Kentucky jeans were much
less active than a short time ago, and black cloths, doeskins,
EXPORTS FROM UNITED STATES SEABOARD PORTS AND FROM
MONTREAL FOR WEEK ENDED AUG. 10, 1873.
overcoatings, and satinets, continued sluggish. Cloakings, repel¬
Flour, Wheat,
Corn,
Oats,
Rye,
Peas,
lents and cotton warp beavers were taken a little more
freely by
From—
bbis.
bush.
bush.
bush.
bu-h.
bush
New York
49,63? 1,04^709
830,314
94.642
130,585
8,258 jobbers and cloak manufacturers, but selections were mostly
Boston
6,0 7
78,526
310,450
confined to relatively email lots.
Portland
200
Wool flannels were fairly
Montreal
2,927
100,262
318,693
18,292
112,755 active, but blankets dragged heavily.
Worsted and woolen
Philadelphia
2,090
276,393
533,954
800
Baltimore
dress goods, shawls, felt skirts, and hosiery, were severally in fair
10,911 1,102,461
69,052
request and steady at current quotations.
Trval for week.
71,772 2/03,356 2,r6?,458
130.585
11V34
121,023
Previous week.....
65,908 1,729,480 1.700,948
55.018
207,357
89,086
Foreign Dry Goods.—There was rather more animation ifi
Two weeks ago
59,357 1,503.726 1,651,302
2jS,420
81,179
75,366
Three weeks ago...
68,841 1,243,551 1,948,001
101,401
62,904
46,288 imported goods, but the demand was irregular.
Dress goods
^Fonr weeks ago
68,744
988,340 1,875,584
181,755
33,923
13,105 were in
improved request, and black silks and velvets were dis¬
The Visible Supply of Grain, comprising the stocks in
posed of to a somewhat increased aggregate. Low grade black
granary at the principal points of accumulation at lake and silks are
firmly held owing to the lessened supply. Men's-wear
ae&board ports, and in transit by lake, canal and rail, Aug. 10,
woolens remained quiet, and Italian cloths were only in moderate
1878, was as follows :
Wheat,
Corn,
Oats,
Barley,
Rye,
demand. Linen and white goods moved slowly, but there was a
Is Stork at—
bush.
bush.
bu h.
bush.
bush
New York
598,736
472,366
1,126,813
203,224
62,647 steady inquiry for Hamburg embroideries and imitation laces*
Albany
24,000
18,300
33,500
26,900
Millinery goods and ribbons were presented in the auction rooms
Buffalo
49.000
8.278
2:36,981
197,843
3,627
250 249 119,650
421,879
230,397
Chicago
1,407.996
on several occasions, and desirable
styles brought fair average
Milwaukee
4 *,630
356,148
30,023
369,408
30,023
Duluth (Aug. 3)
13,874
prices.
Toledo
40,9*11
2*055
315,411
20L763
We annex prices of a few articles cf domestic dry goods :
Detroit
284,250
2,51.9
19,008
Total
Previous week

..

.

.

215,523
236,230

3,723,223

2,467,830
2,113,409

....

478,457

12,470

....

66,310
45,232

was

an

for men’s-wear

....

.

.

•

.

•

•

■

m

....

m

»

•

....

.

.

*...

.

....

Oavego*

160,000

215,000

St. Louis
Boston

223,524

17U.301

116,005

339,757

Toronto

(Aug. 3)
Montreal (Aug. 3)...

Philadelphia

.Peoria.

100,661
2 5,154
—

Indianapolis.

Kansas City..
Baltimore. .'
Sfcc.il shipments, week
JLake shipments, week
On canal
Total

129,623
98,503
650,997

435,395
1,251,980
447,000

6,5 .’7,053
6,092,091
5,686,271
4,403,725
4,425.367
4,612.433
4,943.132

Aug.
Jay
July
July
July

3, 18*78
27. 1878
20. 1873
13, 2878
6, 1878
June 29, 1875
June 2.', 1878
Aug. 11, 1877
*

41,993

5,352,467

2,296,861

•

•

•

•

200,409

•

8,301,835
6,590,60 J
6,612,204
6.6,9,419

6,447,178
7,874,431
6,983,3' 6
8,151,399
10,352,283

•

•

133,746
9,928
436
•

•

•

•

•

•

•

•

•

•

•

•

•

•

•

•

•

12,510

•

136
•

•

•

•

889

1,427
11,210
2,270
2,363
•

•

•

•

22,900
1/79,557

407,415

1,027.994
1,070.214
1,041,463
1.006,544
1,037,466
1,051,993
1,(41,832
233,4i8

866,550

*,699
29,100

•

•

•

•

271,076
301,860
346,724

339,080
318,677
404,lOo
453,220

Tickings.
Width. Price.

Amosk’gACA.
\

do
do
do

THE DRY GODD3 T1ADE.
Friday, P. M., Aug. 16,1878.

16
20
15
14
13

..

TJ o TJ* V
A..
B..
C..
D..
E.
F..
..

..

do
do
do
do
do

..

11#
10#
10

12
....

10
17
9

..

Omega medal. 33
do
do
do
do

..

..

AA
BB
A

Hamilton BT..
do
do

..

TT
D
Lewiston A... 36
do
A.... 32
do
A.... 30
.

..

11#
11 *

Columbian
Evereit Cheviot
do

8

heavy

13*
10#

E
Swift River
Thorndike A..
do
E
Willow Br’k No 1
York AAA.... 32
..

13*

j
1

..

do
Otis BB
Park Mills Ch’t.

•

8#
10#
12#

Thorndike A....
do
B....
Uncasville A...
do
UCA.
Whittenton AA
do
B...

progressed satisfactorily during the
11#
Clarendon do
11#
past week, though the volume of business transacted by the Creedmoor do
11
package houses was not, perhaps, as large as in the previous Cherweli do
Century
33
week. Further improvement was noticed in the jobbing branches
Denims.
of the trade, and a fair aggregate distribution of autumn goods Amoskeag
Thorndike A..
16* Carlton
do
15
Everett
AM.
16
Uncasv’e UCA.
was made by most of the leading firms.
Reports from the West Boston
Lewiston
8
20
York
-are highly encouraging, and a large fall business with that
Beaver Cr,AA.
14
Warren AX A.,
13# OtisAXA
do
BB.
12
do BB
do
BB.
12#
important section of country is confidently anticipated; but the
do
CC.
do CC
11
do
CC.
10*
15
Pearl River..
16
Gold Medal...
h’ybro
-spread of yellow fever in some parts of the South and Southwest Colnmb’n
15
Palmer
do XXX brn
Haymaker....
will probably deter a good many buyers from making their usual
Corset Jeans.
purchases, and some orders wore canceled by Memphis jobbers Amoskeag
8# ! Ind. Orch.Imp..
7# Naumkeag sat.
9
do
sat....
Newmarket...
Androscog’n sat.
daring the week because of the outbreak of the epidemic in that Canoe
River....
9
6# Kearsarge, sat...
Pepperell, blea.
do brwn&blk
do
sat.
city. The cotton goods market has given evidence of great Clarendon
6#
9#
Hallo well Imp..
8
Laconia
8# Rockport
-strength, and advanced prices were made for many makes of
do
brown
Manchester
8
Suflolk
::::
goods, but men’s wear woolens ruled quiet and there was some Hamilton
Bags.
disposition to yield concessions on certain styles, in order.to
20 00
20 00
American
Phila A
Granger
quicken their movement.
Ontario A
19 00
23 00
do B..t
Amoskeag
do
B
19 09
27 50
do C
Domestic Cotton Goods.—The exports of domestics from Atlantic
23 50
do
C
32 50
Casco
Stark A
this port to foreign markets for the week ending August 13 Lewiston
20 00
Powhattan A..
21 00
do C 3 bush
do
25 00
20 00
Franklinville..
B..
do
2# bush
reached 1,418 packages, which were sent as follows: Great
do
30 00
C..
Montaup




14
..

.

....

Hamilcon
Lew’n AA.Chev.
do
A
Massabesic
...

1

....

....

..

..

.

....

20

16#
14#
18
20

22#
28
25
17
15
15
16

7#
..

..

18
15

•

32
ACA.. 36
ACA. 32
A
36
...

do

1*#

•

do

Pearl River
Palmer
Pemberton A A
B
do

13
12
10

Stripes.
Century
27

9-10

do
fancy
Bates Cheviot..
Belm’nt Chev’t

..

..

do
do
do

13#

Amoskeag

..

..

12#

E....7-8

American

•

•

18
17
16
15
15

do premA.4-4
do do
B.4-4
do
ex...4-4
do
ex.. 7-8
do Gld md!4-4
do
CCA7-8
do
CT..4-4
do Penna. 36
7-8
do
do
A A 7-8
do
do
FF

4-4
do
7-8
Methuen AA..
do
ASA.
Minnehaha... 7-8
do
....4-4

..

15#
•

Width. Price.
Lancaster

..

..

..

Width. Price.
Cordis AAA. 32
16
do
ACE. 32
17
do
No. 1. 32
17
do awning.
22-25
dc
No. 2.
15
do
No. 3.
14
do
No. 4.
12*
do
No. 5.
10
do
No. 6.
10
do
No. 7.
9#
do
No. 8.
9#
Falls AAA
14
..

..

..

awning
Conestoga

do

Estimated.

The trade movement has

•

45,000
6,482

20,966
63,388
8,400

15

1,629,385

•

•

•

432,941

1,419.093
1,510,497
1,530,133
1,617,704
1,778.321
1,886.883

•

•

•

1,812,354
1,357,805

t

•

17,155
4J,013
25,572

34,185
•

•

•

7,248

17,510
•

•

•

72,500

•

77,9 >4
37,313

336,799

57,279
29,614
154,4:0
452,146
593,138
1,807,904
1,318.000

•

#

14

12#
11

8#
9
9

15#
18
16

9#
12#
11*
10

8#-9#
10-11
10
9

10*
12#
16

14
12#
11

9#
a

9

....

.

•

-....

.......

•

•••

9*
9*
?#

24 00
27 50
32 50
24 00
85 CO
30 00

182

THE CHRONICLE.
Importations of Dry Goods.

The

have been

follows

as

1878

Pkgs.

Manufactures of wool....
flax....

834
b97
646
532

Miscellaneous dry goods.

748

do
do
do

cotton..
silk

.

....

Total

,

Value.

Pkgs.
1,126
935

$412,733
208,096
430,439
149,752
136,264

1877
*
Value.

444,261
127,825

659
401

3,507 $1,337,289

165,488

535,698

1,042

228,513
109,651

SAME PERIOD.

848
392
230
4:6
181

$375,545
107,508
204,602

678
420
204

94,360
32,354

491
191

$814,389

1,981

1,287,289

Total thrown upon mark’t 5,577 $2,201,658

■; I

do
do

Silk.

do

flax

...

cotton..
..

Miscellaneous dry goods.

Total
2,070
Addent’d for consumpt’n 3,507

C t"
^l-^CO <P^*Q ©.'© OOV 00 V*—wH
‘-C SS 2512 2S l®'Q6" qp»o‘eoc^:ov^-o•a,

3,

*°

3

$280,408
138,408

623
283

165.769
100.729

27,637

105
383
176

3,831

$712,951
1,493,479

1.557
4,652

5,815

$2,206,430

978
192
382

$386,385
56,521
165,338

S03
184

81

107,184
34,602

543
181

Total
2,341
Add ent’d for consumpt’n 3,507

$750,010
1,387.289

do

COttOD.
silk
flax

do
do

.

S08

Miscellaneous dry goods.

Total entered at the port. 5,848

$2,137,319

Imports of

685

$709,946

1,278
4,652

5,727 $2,203,425

83,254
17,516
1,653,625

^

Ss

f 5

.oo

Og'.VV^vfirto-H

• JO

~-r

Earthenware..
Glass. ..7
Glassware
Glass plate
Buttons?

Coal, tons.. t....

Cocoa bags

.

22,693
20 1,260

15.49U
5,142

4,054
29.65y

66.915

$432,012
1,653,625

o

'-wS
eft

•co

co

so

-r

•

• tn

ao

«-h

•

to

•

•

.O

>«
■

'

©v

so

O

.
'

iO
Oi

T*

ea'2£

Coo'S*

•

l

•

•

A © eo

•

*3-2^*0

’

ao eo

a **

*4

o»

W$i
©*
ih

«-4

•

•00 A A
•CCOtO

•

•

CT>

a

•

•

*o

%

p*
*H

•

.

•

A

•

•

VH

*

Blea. powders..
Cochineal
Cream Tartar..
Gambier

962,459 1,182,716
3,413
21,696
16,289
1,454

Madder&Ext.of

12,821
2,163
4,598
2,416

Oil, Olive

26,851

Opium.
Soda,bi-carb...
Soda, sal

15,326
36.942

Soda ash

39,418

Gum, Arabic....
Indigo

451

2,06i
4,C90

f,

Furs

Gunny cloth

596

Hair

2,862

Hemp,bales......

Hide's, &c—

116,353

Lead, pigs

Spelter,Tbs

27,3^9

Tinslabs.lbs

bbls

Hides, dressed..

India rubber

Ivory
Jewelry, &c.—
Jewelry
Watches
Linseed
Molasses.

©I

—

•

■vo O Cf
co

'of *

•

o*

2,222 Wines, &c—
Chan pagne.bkts.
40,753
Wines
3,147 Wool, bales
3,730 Articles reported by

3,422
value—
27.450 Cigars
705 Corks
14 691 Fancy goods..
38,453 Fish
33,467 Fruits, &c.—
3,568
Lemons
3,82 H
Oranges
4.014
Nuts.
1,814
Raisins
92,562 Hides, undressed..

....

1,051

2,948

4,i 02

27,457
1,075

36,433
474

1,505

1,758

331
212.968

222.731

6*,U72

75,293

281

83,373

oe* a»-(»«

*

*

Spices; &c.—

637

55,401
89,001
21,152

25,537

.

.

•

►>C°TH

A t— O
UJ

WO V
•«"JO

•

(NO*

•

•

•ooct e-

•

VH

•

•

•

*o o

eo^of

•

(N 30

•

«

CO 30 CD c- »ra
o
v co co co.—
to •—

co

’of

.©#

$

911,534

739,635

39.177

45,425

465,340
232,802

4fc8,c 5i

•or- 0's*
C* H4 1C3

•

•

.

©»—

:

o to

•

C3 0O

•

to O

m

.

-r*

Ashes
pkgs.
2,813
Breadstuffs—
Flour
bbls. 2,461,882
Wheat
hush. 30,009,793
Corn
Oats

“
“

Rye

“

Barley& malt “
Grass seed...bags

Beans
bbls.
Peas
hush.
Com meal., bbls.
Cotton
bales.
Hemp
“
Hides
No.
Hides
bales.

Hops

bales.

Leather
sides.
Molasses.... .hhds.
Molasses
bbls.
Naval Stores—
"
Crude turp..bbls.

Spirits turp

“

Boain
Tar.

“
“




22,4bl,3'8
7,526.902

4,7 tv

398,912

.Nt,
•

•

to Tfi

—

t— » ao

v

aoe*

w

t-a

3,5.35 726

**.£33

278,963

’

co

rl

17,401,312]

29,547
458,194
42.660

5,479,650

2,072,508
471.456
2,697,410 2,18d.195
122.126
45,174

457,867
127,486
498,5^
2.212

115,56:i
79,859
50,229

75,So(i

46,109
182,647
146,562

Cutmeats

1,923
49,143
246,796
13.011

273,932

.bags.

10,927
47,652

179,240
12,174
72,266

Eggs

if

Pork

44

Beef

44

Lard
Lard
4,373 Rice
132,16*' Starch
86,886 Stearine
35,888 Sugar
376 322

363 Tallow
67,974 Tobacco....
Tobacco....
2,228 Whiskey...
47,360 Wool

if

.kegs.
pkgs.
It

.bbls.
hhds.

pkgs.
rt?

hhds.
.bbls.
bales.
234.735 Dressed hogs ..No.
15,313

WS

’ cori

.wooa®uD(w>^oo
GOCDTf-SO>^<»Oi—IC3^H
V 03 ©* 30
*0^33 CO ^ —<
o rf
oft-'^-7

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53c

) 30
i v

o eo

wr*

«

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f—

•

Oi

•

• <-«
' r-^

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o
(M

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ao

co 05

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coao

•

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t^osos

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t-'M

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ofe*

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03 t- to

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■OQO(?»

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wtoioh
•o' Oi

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345.518

172,881
36.082

521,358
27,5^6
19,549
268.369

14,513
647

345,5C9
120,952
25,309
236.6*3
25,630
23.571

222,625
12,026

cf

13,928

12.616
42.826

116,7<4

123,596
62,124
97,049

91,826

121,213
59 526

19,807

67.818

59,467

«0-£-COTt«
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43

-'

»-t

—

U3

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•

#

•

•

•

^

•

^

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•

.

.

....

•

'ft
‘U

.
.

t—CO
TJ<

o*

'«««*«

e»c«ac

'J•...
• •

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® Ob®1-1

i

«>oaodQ
*45

'
.«b

Ot-

0 03

^53

•

•

•ao®®®**®*®®®®®

PfS-fiJo ftfo,£i’0.’0.g

00 eo

10
•

Sf9 2s®
•

711

51.658

-C-

; *~l

-oo

eq

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jdtn

«c«M

f—

30

2<J>30

.03

•

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o o

o*

709,672
740,187
1,724,9 >9 1,225,030
819,286
558,981

to

wr’

337,510
27486

.pkgs.

(4

flO°i

A

21.809

2,630

.

r?

•

S

Oi H

.

.438

«4

2,574.528 2,597.778 Sugar
18
112,591

i

Provisions—
Butter.... pkgs.
Cheese....

•
•

*0

c4

•

•

*

51,392
88,935
364.756

Since
Same
Jan. l,’78 time 1877

Peanuts

•

1

.

•®HHC°0

•

2◄ 55 goV
O co co

m

284461

..bbls.

•

03 *HA CO 0QV

"W

ao oo a m ao

•

o

□a

Cork
Fustic.

Oil cake....

.

xa

o

no eo v oo .—© cr *a th a co v

.H

586,3 2

316,149

1,654,147 Oil, lard...

r— vs
v

•

•

OVooWAt-veo
r-NrHCOt—N
CO

6,969,887 7,682 531
176.421
172,491

124,040

Pitch

•
•

CD ^ ^5 00 Oi CO CTt CO v-4
05 H
lOaO^ (> SO CO *■* O Njt *—« iO OS

•

nfl

966,345
703,254
1,316,861 1,1?7.,260
496,633
570,662

40,597
283,124

1877

•

«93»503)(iCO«3aNH

of ©

S’”1

time

•

•ooi*'»c*'r
*

eo

193,359

120,285

Same

fMCO

.

V

.3000

oo co

i-

6»o

CO

w®

:g :°°

^

Receipts or Domestic Produce.
The receipts of domestic produce since
January 1, 1878, and
for the same period of 1877, have been as follows:
Since
Jan. 1,’78

22

o O CO

$

Ginger
Pepper
Saltpetre

Logwood
Mahogany

23

30 o
v to

31,234
52,530
82,205

•

; ou

A
*■« 1(3 •""<
03 »Q <o

437,593

335

•

£* COO 0O

©f

33

•a a

Cassia

Woods—

co

120,990

1,952,892
511,346

oo

3o'*Q

708,035
31,270

1,374,936
526,666
34,335

— e*

■

n

•"3 000(3!
QG 03 'S# O

aj to ^ os

•

654,269
615,050
7,301,609 7,030,707
410.699

2,555 Sugar, bxs & bags.
Tea.
8.281 Tobacco
18,407 Waste

849

512
70 309

4,280
717,765

....

Steel..!
Tin, boxes

Rice

Bristles

iO

•

® A 40 V

A

2,374

334

•

•l-

«S* OO 00 05
•

WO A

•

§

Same
time 1877

2,548

AO V

.

.

AO

(S» wo
m co

•

O' 1-1 o
CO V •—

*"•

g

•

«0

•

A ©v

■

co oo

OO to
V

House returns,
this port since

Hard ware

IOMH

.46,333

**

Paper Stock
15,674 Sugar, hhds, tcs. &

15,485

Coffee, bags
Cotton, hales
Drugs, &c—
Bark, Peruviar.

Flax

7.722

if

—s>e»»«c»coc«

52,686
80,918

*

8,031
22,7^7
144,559
14,848
3,472
5,457
74,770

•TTO'A V V *H .-H O

$215,130

®

Metals, &c.—
Cutlery

.va*
r«OiCOC&COAaO®©*-<»0«

•

MO>

A

Since

.

co o

5,930 $2,055,637

Jan.1,’78

aO

■

0D»O

£
Earthenware—
China

s

$480,487

•

China, Glass and

~

qA ©cooo':

{2 ^

[The quantity is given in packages wuen not otherwise
specified.]
Since
Same
Jan. 1,’78 time 1877

too

68,181
72,720

Leading Articles,

following table, compiled from Custom
shows the foreign imports of
leading articles at
January 1, 1878 and for the same period iu 1877:

co

«-<

$238,816

637
189
105
312
35

1,493,479

The

»o eo t- 05

TBE

6,209 $2,134,112

$286,501
97,684
176,755
104,638
44,370

1.696
3,811

<c go «o qo

8

ENTERED FOB WAREHOUSING DURING
SAXE PERIOD.

Manufactures of wool....

.-^CO »o co 05 25 »o

v

f-t-p'T-«v‘cfv'co,*-fc*eoeQau©'sfA,>Ht'rcf‘

4J552 $1,653,625

WITHDRAWN FROM WABBHOU8B AND THKOWN INTO
THB MAB&BT DURING

Manufactures of wool

,

868

€00

$1,493^479

3,631

1878

Pkgs. Value.
1,104
$472,615
1,033
306,918

$486,919
268,951

710

for the last week, and also the
totals since

Jan. 1, 1878
and 1877.
The last two lines show total
values,
including
the
value of all other articles besides
those mentioned in the table.

15, ISIS.

.

flrom New York.

following table, compiled from Custom House ret
urns,
shows the exports of leading articles from
the port of New York
to all the
principal foreign countries since Jan. 1, 1878* the
totals

:

ENTERED FOB CONSUMPTION FOB THB
WEEK SNDIM8 AUG.

Rxports of Leading Articles

The

importations of dry goods at this port for the week
ending
Aug. 15, 1878, and for the corresponding weeks of 1877 and 1876,

rvoL. xxvix.

.

:

Using's
:gg
:« :S§ *222
io8fl
:S

•

:

a?*r

gg

•1 ili??
Ssl®raSS-

|a&P?i3Sa(5.

OO

04

isJill*1I
ttSE^E*

>

August

THE

17, 1878. j

GUNNIES.—See report under Cotton
HAYNorth River shinning
# 100 lb
45
HEMP AND JUl’EAmerican dressed
# ton. 170 90
American undressed

PRICES CURRENT
ASHKB—
Pot, first scrt
f ft.
4X0
BBEADSTUFF8—8ee special report.
BUILDING MATERIALS—
Bricks—Common tiard,afloat..V M 2 00 0
Croton

i UO
25 00
80
6:
85

Philadelphia

Dement— Rosendate
V bbl.
Li me— Rockland common. ...V bbl.
Rockland, finishing

Pine, shipping. box
18 90
do tally boards, com.to g'd,each

Oak

# M. it. 38 00
38 00
Black walnut
75 00
Spruce boards & planks, each
20
Hemlock boards. each
14
Maple
V M. ft. 25 00
Sails—10® 60d. com, fen. A sh.# keg
Clinch, I)* to 8 in.& longer
4 25

Ash, good

Sdflne..;

3

lb

Lead,wn., Amer., pure dry
Zinc, wh.,Amer. dry, No. 1
Zinc, wh., Amer.,No.1,in oil.....
Paris white. Ena., gold....# 100 lb.
BUTTER—(Wholesale Prices;— .
Tubs.good to choice State...... #ib.
West’n creamery g’d to ch
“
Welsh, State, g’d to choice
“
Western dairy, fair to pr
44

Manila....

20

17
12

19
15

8

10

State

factory .prime to choice.... # lb

«xa

44

burgh
St’mb.. |8 45
Grate... S 45
Egg .... 3 60
Stove... 4 05

Sched.
N. Y.
Harbor.
fS 60

|3 47X@3 50

3
3
4
3

3 57X@3 60
3 9J
3 22X

Rio, ord.

do
do

gold.

Java, mats
Native Ceylon....
Mexican
Jamaica
Maracaibo

.....gold.
..gold.
....gold,
..gold.

..gold.
—gold.
....gold

Laguayra....

St. Domingo
8avanilla
Costa Rica
.

....

common

“

"

tartar,powdered

52

,,,..cqr.

,

Catch;.,;;,L.;-U...gold.
Glycerine, American
Jalap

i'fr <ftU

pure

<3

*

hide,h.,m.&1....

4*

5

5X
19
1Y
3 37X

a

cur.
18X0
1X0
Opium, Turkey ....(in bond), gold. 3 75 3
Prusslate potash,yellow,Am..cur.
22
Qalcksllver.
48
[amine
"A\7/S.
50
5
Rhubarb, China,good to pr....
50
1
Sal sod%, Newrcast%4:# luo ib, gold
l
Shell Lac, 2d A.lst English. #a.cur.
:iT ® r
Soda ash.,iihW..y.v..v# 100 ». gbia
6>' Q 11
Sugar of lead, white,prime,# Hear.-,' -£..0
Vitriol, bine common...

.i.-W*?*:

..

00
50

Cotton seed, crude...
‘GliVieifn casks V gall..
Linseed, casks and bblfc

•*

-

•

u

..

c.

-

,

:.i

501b.frallv8 TjO

J

1 90

**

Citron,.,.^1..•«,

70

7

8^8
14XO

.

Prunes,Turkish (new)
-

7^0

French..,.

....

...

iW ' 13
1.1[,
4
.

Figs,layer........

10

Canton Ginger.wh.A hf.pots.# case.
Sardines, # half box
Sardine*. # quarter bbx
Macaroni, Italian
# a>
Domestic Dried—
Apple/,Southern,sliced.... ..>.# ib
do

do
do

do

8 50 a
17W®
‘ 1IY®

12>.a
4

quarters

State,sliced,
do

quarters,

.

Peaches, pared, Ga.rgoo«l to choice
*

-

2
8
3
4

do
unpared, halves and qrs.;. x
3
Blackberries (c.op I878j.
7 6

Raspberries.......
Cherries, dry mixed (crop 1873).;..

Plums, State

Whortleberries




24
v

a
s
a

'14
n

10

1

44

Manila, sup. and ex. sup
Batavia.Nos l‘J@12
Brazil, Nos. 9011
Rpftned-Hard, crushed

44

-.1

.

'*

^nl

do
do
do

“

,

13
8 00

12
14

3

6

a
a

.5
4

S3*
4

6^

24

14M
13

12

..Hains.smoked 1*
Lard. City steam,...
RICE—
*
,4
' v. j • 7
Carolina,fair to prime
Louisiana, fair to prime.

?

.

Canary.Sicily...................

...

• re

*

• •••

1 40
...

®
®
®

18
-5
35

0
0
0

22
82
40

cur.#2>

Nominal.
16
25
85

28

l*

1 40

177X
2 50

•

•

1 95

••

0
®

21
32
45

0

Nominal.
16
80
43

25
33
50

<0,

®
®

Nominal.

Eatfflnetofiuesi*..

;

28
33

0

t vs

leaf,

j*

■

83
45

N:omina».
18
27
40
55

v

23

0
0

35
RC

fit

0;

70

.

'

3
5

Eng.^rappter8’76-,77
do
fillers, ,76-’77.

10
5
S

Yara, I and IIruts, assorted-...?..;...

73
65

Manufac’d,in
bond, black wQrk.....
44
44
bright work........

11

**

S3
45
28

‘

"com. to fine.

'

15
17

NominaR

-

26
86 ®
13 @
26 0
,35 rJ&

4X

0
0
0

12
85
7
10

0
ut

®
(0

14

0
0

30

0

23

0
0
0
0

E*

120
:s
40

,

.

#lb

AmerieaijL.Nos. 1 A 2........
Am eriftan .Combing

85

Extra, Pulled..........
No.l, Pulled...
California, Spring Clip-

80
18

Superior, unwashed

26
21

38
.

38
42
34
20

0

S>utb

15
12
26

ao
24
18
20

0

28

O

27

Texas, medium. Eastern
Smyrna, unwashed

25
24
23
16

0

25

•

Fair

*

Inferior.

Burry

Canary, Dutch.,@ 1 75
Hemp, foreign
7 5) B f'
r*',

Flaxseed, American,'rough.
Linseed, Calcmta
# 56 •» gold
Linseed Bombay
#Mft gold.

5 50
6 00

Havana, com.to fine......,..*.......

.

7Y0
®

3

Pa. assorted lots. ,76-rn

1%
IX

®

70 ®
.-m
&

@

5 75

Seed leaf—New

7*70

®

it*

d. 5 39

18

-

WOOL—
American XX

28

17X

....0

44

Superiqrvjoflne^n*./.

“

02 50

35

,*■ do 1

“

8

....

7

...' 13
lax®

Kentucky lugs, heavr..^'tv»... #n>

,

26

44
#bx g

Sup*rto fine...
; Rv.finetofinest
T, Choicest...^..

5*
14X

«.«.®
:•
26 &

IX
7X

15-160

'

!

7 ®.
7 9
....®

8X

....0

hbl.CBW9.-u
ong.,Com. to tair

6*8^

# lb.

8X
8X

®

7X®
6XZ

44

TOBACCO-

®

®

8

44
44

xflneto finest..

& U
...w® 2:

44
Rangoon, in bond,..........# IOO lb
Patna, duty paid.......
44
SALT—V'
V
Turk’s Island.^.bosh. ‘
St.Martin.,.
>
Liveroooi .Ashton’s fine
# sack.
seeds-’
Clover,Western^..............# n.
Clover, New York State..;,Timothy...;
hush. 1
1
Canary,8myrna...
'

44

Ex.fine to finest..,
Oolong, Common t6 fair,**,

....

7*60

• ■

9

;

U&
-

IX

8X 2
8X0

44

Dnc<>loredJap?o^(ttoi?lr;„,;:
do

...TITv V U*3 '?.13X

HX
S
17
4^

•

44

v a. 6

5do..-;

....

Baef,extre m^ss^.r.>7v:..7..i’ 44
Beef haws, Wes Wn
Bacon, Wesfijlolfgcl&r ^...i#-m

<3

Sup.to fine
.;.;r 27,-0
27, 0 ’
"Extrafine to finest :.* 28 '0
11 0
Hyson Skin:A Twanv- com. to fair,
do
do
16 0
8up.to fine'

5?

...

7

9X3
9*3
9X®
9X2

db

*

....

P

6*3
7Yd

...Lb?

'90
1.0J

ll ®
....®
...,®

%

4x®

Choicest
Imperial, Com:to fair

S5
1 20
57
7 30
k90
54
7 45

«

7.X
7%

6X0
7X@
7*3

44

;

1-16

..0

Sup.to fine
Ex.flne to finest

00
® 8C 50

:

9

10

7 9
7 3-160

•44

® 31

...

16

6X0

gold. # tt

.

.. „

*1*

®
®
®

Choicest
do
Young Hyson,Com.to fair
do
Super.to flue
do
Ex.flneto finest
do
Choicest
Bunpowder, Com to fair

W*

45' ®

j,:

44

Hyson, Common to lair
do
Superior to fine
do
Extra fine to finest

o5

3

14

10X

TEA—

4 00

&

iifi

cut loaf

English,refined
Plates, I. C.a coke

-

43

granulated

44
44
44
“
44

Banca
Straits

2 00
2 SO
1 80
27 X
1 42X

®

ex

®

TIN—

Pork, mess,spot.?#r,,# bbl% 10 85 a 10 99
Pork,extra prime
“
®
Pork,prime mess, West....rtj.-41
0
Boel.p'aln mesa,.
44 ...10 09 @ !i 00

-

O
a
a
a
a
a
a
a
a

M

9

“

Plates.char.terne

®

6X0
9X0
10X0

®
®

T ALLOW—
Prime city

41
45

®

30

7 '

Cases.............
Refined

‘

8X

.

.

39

8^0

dojjdi,#

1 75
Ch1 203

„

27
23
26

A-^1 707®

Store Prices.
14X0
16

cnr

Coffee, A. standard

-

# gaR

City, thin oblongrbags,
ton.
Western, thin oblong (Dom.)CUr “
petroleum- 1 r
; :
VO '
Grade, In balk
V

w

8,73

•.V..®*

dO/. Loose................
do
Valencia
Currants
.»

®
®
a

1 07
3 59

®

German spring

do
off A
White extra C
Extra C
“C”
Other Yellow
Molasses sugars

14

®

cantspring....
machinery

Melado

do
do

V*

Whalev crude Northern...) « . “;
Sperm,crude.*** :•
Spera, hleafchCd wmteri,'.^' **
Lard oil.'Now. 1 and'2.,.4... ; •*•7

'

ir ,\

^

25
23
25

60
'58

OIL'CaKE—

-

loo--® 1.
13 50 0 *ii
.

23

blister
cast, Tool

II*
88

®

(ft

.*.’.*.*

44

Hard, powdered

5
4*@
9*&
SX@
4X@ *• 12

.77777

2 02

•*

in N.i.’.!

Ceotrifugal, Nos. 7@13

Nominal.
Nominal.

“

Naphtha,City, bbls

.

®

Wh«le,Dleachid wtoteh..;.^.*r T*

PROVISIONS—

ttackereHNo.2 Mass.shore

20

32
25

60

# gall.
•

dellv.

®

® 17 00
® 8 00
@ 4 00
a
82S
@ 400
@ 890

00
50
00
60

“

SUGAR—
Inferior to common refiniog....# ib.
F*»ir
44
Good refining
44
Prime
44
Porto Rico, refin., fair to prime 44
Boxes, clayed, Nos. 10012
44

....a

-

I3:

Oil vitriol (66 Brim stoned...... “

do

American
American
American
American
American

S*

21

“
"

...

Q
®

®
....®

“

pecair.: .7 7. .77777 ....77.7

iT

Mackerel. No, 2; Bay.
FRUITrWi.v ji .( jit’.r,
Ral8lna,8ee<Hess. ,... per
dh Layers........

••

4
3
3
2

STEEL—

18 00
17 TO
16 00
23 50

19^®

rough

OAKUM—N^ry.U.S. NSVy & best #jb.
7
OILS—
O -rl
!.

....

it SSfegBSESs*.*. * ■*»$ >*

Datos

20
20

Brazil ...7.7.

A7li&v ili i
2l

Madder,French, E.X.F.F
Nutgalls,bine Aleppo...

44

(Cai.)

75

44
44

English machinery
“
English German,2d A 1st quality 44

®
9
a
&

15 50
14 50

# gal!.

Whiskey, Scotch

5Y
80
80

gold.-

English,cast,2d&lstquality #lbgold
English,spring,2d A1 st quality.. 44
English blister, 2d A lstquality..4*

....

'<<3X

36

Gin

Brandy

42*

bbl. 1 87X#
2 25, 3
1 75 ®
# gal.
27 ®
Rosin, strained to goodstrd.V bbl. 1 37*3
“
low No. 1 to good No. 1
1 75
“
“
low No. 2 to good Ho 2
1 45
“
“
low pale to extra p de., “
2 50
•*
window glass.
3 75
"
NUTSAlmonds, Jordan shelled....,...# lb.
30 @

3

Calcutta

do
Irish
Domestic liquors—
Alcohol
Whiskey

50
34

*20
20
20
6

is

Brandy, foreign brands
Rum—Jam.,4th proof
St. Croix, Sd proof

8
11
8
8

Tar, Washington
Tar, Wilmington
Pitch, city
Spirits turpentine

29„® ,,30

....©
<3
@
®
....@
,.®
®
®

Batavia

Cloves
do stems

a

# ton. 16 50

6 00
5 25

....®

Nutmegs,Bataviaand Penang
Pimento, Jamaica

10
14

&
&
&

5 25

12*3

white

do

NAVAL STORES-

*r* ,fu9*i

# lb.gold

Ginger, African

&

Cuba, clayed
# gal
Cuba, MuB.,refln.gr’d8,50test.
“
do
do
grocery grades.
*'

....

Cahebs, East Indla‘.V;,.V4.V.*..ir:*

do
do

.&

Barbadoes
Demerara
Porto Rico
N. O., com. to prime

75

Cassia, China Lignea

.e

Texas, crop
MOLASSES—

American Ingot. Lake
COTTON—See special report.
DRUGS & DYESAlum, lamp. Am
V 100 lb car 2 12X0
Aloes, Cape
$ Q>. gold.
uxa
12
Aloes. Barbados a
“
20 ®
22
Arsenic, powdered
•*
2 &
2*
Bicarb.soda,Newcastle.# 100ft “
3 75 &
Bichro. potash....
#ib cur.
ii'
13%a
Bleaching powder
# 100 lb.
140 e
45
Brimstone, 2n^s A 3rds,per ton.gold.24 10 &
Brimstone, Am. roll
# lb..car.
2X3
Camphor refined
44
23>$3
24
Castor oil, E.I.inbond, # gal. .gold.
90 <3
Caustic soda
# 100 n>
44
3 6> 3
4 CO
Chlorate potash
“
“
17 75 Q 18 00
Cochineal,Honduras, silver...
*•
59 3
60

00
75
00

Mace.

..a

Oak, rough

# lb.

®
®
®
®

9
6 25
3 37X

5S7Xd
4 75X2

.......car.

Singapore

do
-

a

33
41
40

Slaughter crop

....gold.

Sheathing, new (overl2 oz;
Braziers’(over 16 oz.)

Cream

9*

©
@
@
a

“

COPPER-

Cochineal,Mexican

a

a

Hemlock.Bnen, A’res,h.,m.&l.#lb.
California, h„ m. & 1
•*

gold.

Bolts

9
8
9

V*

100 lb.gold.

Pepper, Batavia

LEATHER-

....gold.

5
4
5
4

®

SPICKS-

21 50
Store Prices,
Bar,Swedes,ordinary sizes..# ton. 130 00
50
Scroll
# lb. 2 5-10®
5
Hoop, ^x.No.22 to l&!)£x 13*14 “
5 ® 2 8-10
Sheet, Russia
gold.#fi>
10X0
11
Sheet, single, double & treble, com.
3%Q
4
Rails, American
? ton, car. 32 00 ® 36 00
Steel rails, American....
43 (JO ® 44 00
LEAD—
# 100 lbs, gold 6 3?x® 6 40
Ordinary foreign
Domestic, common
cnr. 3 50 ®
3 62 X
Bar (discount. 10 p. c.)
# n>
@
5
“
8heet
“
6
&

60and 90 days .gld.V lb
do
gold.

do good,
do prime,

a

..

Pig,American, No. 1
Pig, American, No.2
Pig, American, Forge
Pig, Scotch

car.

do fair,

Foreign
Domestic.common

IRON--

delivery

York,
COFFEE—

17

Honduras, sheet
Mexican, sheet

3.60
3 75

®
®

8PIRIT8—

Para, fine
Para, coarse
Esmeralda, pressed, strip
Guayaquil, pressed, strip
Panama strip
Carthagena, Dressed
Nicaragua, sheet
Nicaragua,scrap

Johnst’n.
$3 60

Ch’nut.. 3 50
60
50 cents per ton additional for

20
20

10
8

44

7
6 09
3 23

8PELTER—

INDIA RUBBER-

7X
7%

75
20

i9*a
i9xa
a
a

44

Tsatlees, No. 2

21*
21«
20*
19*

a
a
a

Yearlings...,

Sched.
Port

60

O

J™
13 a

“

HOPSNew Yorks, com. to med...*.
do
good to prime
Eastern
Wisconsin
Old

.

Auction.
Julv 31.
Hoboken.

cnr.

Calcutta, buffalo

COALLlverpoolgae cannel
© 8 50
Liverpool house cannel
12 00® 13 00
Anthbacite—The following will show prices at
last auction or present schedule rates:
Penn.
D.L.AW.
D.&H. P.&R
L. AW.
Bched.
New¬

21
21
20
19

lb.gold

Tavsaams, No. 1
Re-reeled Tsatlees, best
Re-reeled Congoun.No. 1....

*5)4

4>t«

E. I. stock—Cal. kips.slanght. gold
Calcutta kips, dead green...

75

15

do....

«

per 100

SILK—

•

06

a275

5

“

Texas,

•

.

6X9

“

..

9

70

“

*

>

7X£

„..#&

t

.

#ib

Crude
Nitrate soda

55

ai95 00
@

270 00

HIDE8Dru—Buenos Ayres,selected.#n>geld
Montevideo,
do....
**
Corrientes,
do....
•*
Rio Grande,
do....
*'
Orinoco,
do...,
**
California.
do..,.
••
MatamoraR.
do
**
Wet Salted—butu. Ay, selected “
Para,
do....
•*
California,
do....
“

C HEES E—
Western factory, g’d to choice..

••

Sisal
Jute

4 75
9 00

5
6

Reflned.pure
a

gold.2C0 90 a

Italian

183
SALTPETRE-

...

Russia,clean

16
45 00
2 40
5 23
© 4 85
2 85
e

...

Cntsplkes,allsizes
Faints—Ld., wh.Am.pare, in oil V

4*

®
0 28 00
90
®
9 ...
® ....
® 60 00
® 22 00
®
£0
® 45 00
® 45 00
©150 00
28

Lumber—Pine,g’d to ex.dry# M It. 45 00

CHRONICLE.

Am.Merino, unwashed.......
Cape Good Hope, unwashed
Texas, fine. Eastern

FREIGHTS—

—8T*AM.—*

r

To LivxnrooL:
Cotton.,.
# *.

Flour

# bbl.

Heavy goods. .# ton.
Corn,b*lk A bgt. # bn.
Wheat* bulk * bags..
Beet

Fork

gold.

# tee.
# bbl.

d. 8. d.
-...0 X
2 6 ®....
30 0 045 0
8.

7X0....
3

0

0
O
0
0

• •••

18
SAIL.

s.

•

*. dm
d.
15-64 comp

•••ft
ft
••4ft

‘.fits
• • • s.

tt«

•. • •

•

5 6

Q.m,

m

««*ft

4 0

0....

•

•••4

••••
••••

HV

184

THE CHRONICLE
Commercial Cards.

Russell &
<J OM MISSION
AND

Steamships.
THE

Co.,

Insurance.

GREAT

Providence Line

MERCHANTS

SHIP

fVoL. XXVII.

AGENTS,

Hong Kong, Canton, Amoy,
Foochow,
Shanghai and Hankow, China.

TO
VIA
A FULL

OFFICE

BOSTON,

PROVIDENCE

NIGHT’S REST.

Head

AGENT,
Jb., 105 Water St.. N. Y.

< NLY 42 MILES OF RAIL.

AT L AN TIC

MASSACHUSETTS, RHODE ISLAND,
Capt. RAY ALLEN.
Capt. JESSE MOTT.

ft ¥*

*

Iff

COMMISSION

Co.,

OLYPHANT &

and

CO., of China,

John Dwight & Co.,

Direct Line

OF

Slip, New York.
Jobbing Trade ONLY Supplied.

or any railway station In
to $100,.according to accom¬
modation ; second cabin, $b5; third
cabin, $35, steer¬
age, $27, Including everything as above.
Return tickets at very reduced
rates, available

through England and France.

Steamers marked thus

(•) do not carry steerage passengers.
For passage and freight apply to

Co.,

LOUIS

DEBEBIAN,

Atlas Mail Line.

And all kinds of

COTTON CANVAS. FELTING
DUCK, CAR COYER
ING, BAGGING, RAVENS DUCK, SAIL TWINES
AC. “ ONTARIO ’ SEAMLESS
BAGS,
AWNING STRIPK8.’

Also, Agents

Company.

▲ full supply all Widths and Colors
always in stock.

Street.

BI-MONTHLY SERVICE TO JAMAICA, HAYTI
COLOMBIA and ASP1NWALL, and
to PANAMA and
SOUTH PACIFIC PORTS
(via Aspinwall.)
Flisi-class, full-powered, Iron screw steamers, from
Pier No. 61. Worth River.
For Kingston (Jam.) and Haytl.
ETNA
For Haytl, Colombia, Isthmus of Panama and
South
Pacific Ports (via AsplnwaU),
ANDES.
superior lirei-clase passenger accommodation.
PIM, FORWOOD * CO„ Agents,
No. 56 Wall treet.

Miscellaneous.

Works,

’Wire

MANUFACTURERS OF

Locomotives

and Amoskeag
Fire Engines,

Steam

BLOOD,

Superintendent,
Manchester, N. H

W. G.

on

Boston

$4,710,665 83

Policies not marked off

January, 1877

2,040,362 61

same

period

Returns of Premiums and

Expenses...$947,923
The

*

$4,902,331 08

$2,565,890 27

86

Company has the following Assets, viz.:

1,163,200 00

Real Estate and claims dne the Com¬
pany, estimated at
Premium Notes and Bills
Receivable.
Cash in Bank

617,436 01

1,764,393 63
255,364 02

...

Six per cent. Interest
certificates of profits will be

thereof,

.......$14,366,351
on

the

oatstanding

on and after

The outstanding certificates of the
issue of 1874
will be redeemed and
paid to the holders thereof,
or their legal
representatives, on and after Tues¬

day, the &th of February next, from which date all
interest thereon will cease. The
certificates to be
produced at the time of payment and canceled.
Upon certificates which were issued for gold
pre¬

miums, the payment of interest and
redemption

will be in gold.

Forty per Cent, is de.

the net earned premiums of the
Company
for the year ending 31at
December, 1877, for which
certificates will be Issued on and after
Tuesday, the
7th of May next.
on

t

By order of the Board,
J, H.

CHAPMAN, Secretary.

lvantzed Charcoal and BBfor
fr.tiiShips’ Rigging, Suspension
'if* If Bridges, Derrick Guys,Ferry

George A. Clark & Bro.,

Ropes, &c.
constantly

which any desired length
are cut. FLAT STEEL AND
IRON ROPES for Mining
purposes manufactured to

[€Ep]

order.

JOHN W. MASON &
CO.,
43 Broadway, New York*

'llpr

MI LAV ARD’S
400

ORGANIZED APRILI2T? 1842

HELIX

NEEDLES,
BROADWAY, NEW YORK.

E.R.Mudge,Sawyer&Co
AGENTS

fok

Washington Mills, Chicopee Mfg
Co.,
Burlington Woolen Co.,

TIilerton New Mills,
Atlantic Cotton

Millr,

Saratoga Victory
AND

Hosiery. Shirts and

Mfg Co.,

Drawers

From Various Mille.

NEW YORK.,
9t 45 Whitk Stkxkt.

PHILADELPHIA,

15

BOSTON,

Chaunoxy St,

J W. DAYTON, 230 Chebthut STBJBT,




A large stock
on hand
from

b

sfSfSitit
(SsljtF.S.WINSTON,PRESIDENT
UEs
.

EVERY APPROVED DESCRIPTION

TRUSTEES:
J. D.

Jones,

U

LIFEXnB endowment policies

ON TERMS AS FAVORABLEAS THOSE OFANY
OTHER CO,

’iASHffiSETSi2B$S0.000.000.

Charles

W. H. H. Moore,
Charles H. Russell,
David Lane,
Daniel S. Miller,
Josiah O. Low,
Royal Phelps,
C. A.

j

66

paid to the holders

or their legal representatives,
Tuesday, the 5th of February next.

dared

Rope.

$6,751,028 44

United States and State of New York
Stock, City, Bank and other stocks.$10,565,958 00
Loans, secured by Stocks and other¬
wise

HOISTING PURPOSES, in¬
clined Planes, Transmission
lof Power, &c. Also Gai

Treasurer,

40 Water street,

Marine Risks
De¬

January, 1877, to 31st

No Policies have been issued upon Life
Risks, nor upon Fire disconnected
with Marine Risks.
Premiums marked off from 1st Janu-

suitable for MINING AND

MEANS,

on

cember, 1877
Premiums

STEEL AND CHARCOAL
IRON of superior quality

MANCHESTER, N. H.
ARESTAS

from 1st

A Dividend of

MANCHESTER

Locomotive

Premiums received

Total amount of Assets

Agent, 55 Broadway.

COTTONSAILDUCKJ

Duane

New York, January 23, 1878.
Trustees, in conformity to the Charter of the
Company, submit the following Statement of its
affairs on the 31st
December, 1877:

follows:

Manufacturers and Dealers In

No. 109

HAVRE.

To Plymouth, London
England—First cabin, $90

BrinckerholT, Turner

Co.

The

ary, 1877, to 31st December, 1877....
Losses paid daring the

Wed., August 21,11 A. M.
*ViLLE DE PARIS, Santelll. .Wed., August
u8, 5 P. M.
LABRADOR, angller.... ...Wed., Sept. 4,11 :S*J A. M.
PRICE OF PASSAGE IN GOLD
(Including wine):
To Havre—First cabin, $ 100; second
cabin, $ 5; tnlrc
cabin. $35; steerage, $26—including
wine, bedding and
utensils.

Old

United States Banting

AND

•PEREIRE, Danre.

SODA.

*

Company’s

BETWEEN

as

or

i\

France.

to

The General Trans-Atlantic
Mail Steamships,
YORK

Insurance

Total amount of Marine Premiums.

Calling at Plymouth for the landing of Passengers.
The splendid vessels on tills favorite
route, for the
Continent—cabins provided with electric bells—will
sail from Pier No. 42fNorth River, foot of
Morton at.,

SUPE R-CARBOMTE

lit

LINE,

EAST.

BY

MANUFACTURERS

Mutual

RELIABLE

Iff From Pier No. 33 North River (foot .of
r. IT*.
Jay gfreet)
State-rooms and tickets FOR EITHER LINE secured
at 363 Broadway and at all offices of
Westcott’a Express
Company. Also tickets sold at all hotel ticket-offices.
via
either
Freight,
line, ta^en at reduced rates.
D. S. BABCOCK, President.
L. W. FILKINS, General
Passenger Agent.

NEW

&

street.)

1st

104 Wall St., New York.

The

Warren

o n i. \

r

11

ODD

MERCHANTS,

REPRESENTED

of

ft
9

BOSTON.

■Kong Kong, Shanghai, Foochow
Canton, China.

No.

River (foot

FOR ALL POINTS

Post Office Box 2,631.

Olyphant &

North

STONINGTON

Parker,

Exchange Place,

Dally (except Sundays), from Pier No. 29

THE

COMMISSION MERCHANT,
14

*

Passengers arrive In Boston at 7 A. M. No Interme¬
diate landings between New York and Providence.

S. W. POMEROY

Charles E.

THE

DIRECT.

The Favorite Palace Steamers:

Hong Kong & Shanghai
Banking
Corporation,
Office, Hong Kong.

OF

Hand,

William H. Webb,
Francis Skiddy,

Adolph Lemoyne,
Charles H. Marshall,
Robert L. Stuart,
Frederick Chauncey,1
Horace Gray,
John

Elliott,

William H. Fogg,
Thomas B. Coddington,
J. D.

Dennis,

Lewis Curtis,
James Low,
Gordon W. Burnham,"]
William Sturgis,

William E. Dodge,
Thomas F. Youngs,
John D. Hewlett,
Charles P. Burdett,
Alexander V. Blake,
Robert B. Mintum,

George W. Lane,
James G. DeForest,
Charles D. Leverich,
Edmund W. Corlies,
William Bryce,

Peter V. King,
v
Horace K Thurber.

JONES, President.

CHARLES DENNIS, Vice-President. '
W. H. H. MOORE, 2d
Vice-President*
A. A. RAYEN, 3d Yice-President.