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xmm

HUNT'S MERCHANTS' MAGAZINE:
REPRBSENTING THE COMMERCIAL AND INDUSTRIAL INTERESTS OF THE UNITED STATES

YOL.

NEW

27.

YORK, AUGUST
Financial.

Financial.

BANKERS,
William Street, New

national Bank-Note Co.
OFFICE, No.

__

I

S3

1859.)

Accounts and

STREET,

TTALI,

2

Plate Engraving and Printing

Steel

BANE NOTES, GOVERNMENT AND

Style of

nfeiriards

t>

prevent

the Art, with

SECURITY PLATE PRISTiyG.
SAFETY TINTS.
SAFETY PAPERS.

J. N.

1

THREE

WO,

Pattern,

Size,

Style

WITH STEEL PLATE
J.
J.

Petty & Bostwick,
BROAD STREET, NEXT IfORK.

or

Southern and Western State, Municipal and Kailroad Securities made a specialty.
Mining Stocks bought and sold at New Tork and
San Francisco Exchanges.
Correspondence solicited.

MACDONOIJGH,

CIKKIKH,

P. PoTTKB, Prcst.

Sarplas,
to

COLLECTIONS, and

prompt remittances made on da7 of payment.

Boston business paper discounted. Correspondence
i

&

Co.,

BANKERS AND BROKERS,

66

BROADWAY, NEW YORK,
DKALKK8 IX

aOUTBERN SECURITIES A SPECIALTY.

T

&

do
do

etvest-vent securities.

134 Pearl

Charles G. Johnsen,

aiERCHANT AND BANKER,

BONDS

and

GOLD

for cash or on a margin.

Investment Securities For
P. O. BOX 2,647.
Kioon.

A. U.

C.

Sale.

NEW ORLEANS

LA.

&

GOSSLER

SUte Street

Co.,

COBBKSrOXDKNTS OF

International

Bank of Hambnrg and

London, (Limited.)
HOUSE IN EUROPE.

&

Trask

Co.,

Tork.

Francis,

70

Broadway A:

1

5

Now

New York

St.,

Transact a General Banking Business.

STOCKS, BONDS and GOLD Bought and Sold 00
Commission, and carried on Margins.
Deposits Received and Interest Allowed.
Accounts of Country Banks and Bankert ra
celved on favorable terms.

VJLLSTON H. BBOWN.

&

Oilman, Son

&

Brothers

BANKERS,
Wall Street, New

tW

W. Tkabi

W^ioLnLLAX. Jr.

Co.,

FKXD. A. BBOWir.

Walston H Brown & Bro.
.

BANKERS,
CEDAR STREET,

62

34

BANKERS,
Pine Street, New

York.

In addition to a General Banking Bn&lness, buy and
sell

Government Bonds and Investment

Securities.

Kountze Brothers,
BANKERS,
13

WALL STREET,

world

;

also.

Time and Sight

BANK OF LONDON.

Bills

No. 16

all

Broad

St.

UNION

&

Co.,

(near Wall),

BANKERS AND STOCK BROKERS.
stocks bought and sold on the
YORK STOCK
EX<:nAN<.;K on a margin of 3 per cent. If desired,
fequnl iittfiulou given to small and large liivestmentit.
Any Inrorituitlon given personally or by mall. Firstclass referencei.

RAILROAD SECCRITIES.
BANKERS,

&

No. 13

Foote,
TTALL STREET,

BCT AND SBU.

parts of Uie

on the

Cable Transfers made.

Peck, Gilbert

SPECIAL ATTENTION GIVEN TO THE NEGOTli.
TION OP

Hatch

NEtV YORK,

NEW

166 ORAVIEa STREET

BOSTON.
TO

Street.

BANKERS AND BROKERS,

Issue Letters of Credit, available In

Bpeclal attention to buelness of country banka.

do

NEW YORK,

WALL STREET AND BROADWAY,

Transact a General Banking Business, Including the

Co.,

Bankers and brokers,
W^aU St., Cor. Ne»v, New York.

PAYNE & SMITHS.
UNION BANK OF LONDON.
NewYork,ThoBANK«f NEW YORK, N.B,A.
SMITH,

Bankers, London,

47

LOANS NEGOTIATED.

A. H. Brown

Agents.

;

IS ,

purchase and sale of STOCKS,

FIrst-CIasa InTestmeut Securities.
GOVERNMENT BONDS, STATE, CITY, COUNTY,
BAILROAD& MISCELLANEOUS SECURITIES
Bought and Sold on Commission.
Virginia Tax-Seceivabte Coiipona Bought.

^

Commercial and Travelers* Credits available
in any part of the world. Draws Exchaage, Foreign
and Inland, and makes Transfers of Money by Telegraph and Cable. Gives specUl attentUn to Gold and
Silver Bullion and Specie, and to California Collec
tlons and Securities and arranges to pay Dividends
on such securities at due dates.
Issue

Neir York.

DTlted.

R. A. Lancaster

"

CHRISTENSEN,

CUARLES W. CHURCH,

CKJK ECo.
R

B AN
COR. OP

$400,000
200,000
given

C. T.

McKim

Secretarr.

BOSTON

3,500,000

HAMBURG.

SaxI. PBiLUPe, Caabler.

Capital,

(invested in

U.S. Bonds)

JOHN BERENBERG, GOSSLER & CO

Pres't.
VIce-Pres>t.

Maverick National Bank,

Special attention

Surplus,

TINTS.

SIIEPAUD, Treasurer.

JNO. E.

Capital, paid np.... $10,000,000 Gold.

or Device,

H. VAN ANT^VERP,

A. D.
Asx

BOSTWICK,

8. B.

Stocks, RondB, Gold and Government Securities
liought and sold for cash or on margin.

MORE COLORS and numbered ConaecuUrtli/.
yVMBERED LOCAL AXD COUPON TICKETS
Any

PkTTT.

Member N. Y. Stock Exchange.

13

RAILHTAY, COinillERnil. AND
GENERAL PRINTING.
OXE,

Agency of Banks, Corporations,

special

Agency, 62 Wall Street.

Tork.

Sound railroad and municipal bonds negotiated.
Funds carefully Invested In Western (arm mortgages, and the Interest collected.

Gonnterrelllng and

In

OF SAN FRANCISCO.
New York

Act as agents for corporations In paying coupons
and dividends, also as transfer agents.
Bonds, stocks and securities bought and sold on

AUeratlonit.

RAIL WA Y TICKETS

The Nevada Bank

commission.

CORPORATION BONDS,
CKRTIFICATKS OF STOCK, BILLS OF EXCHANGE
POSTAGE AND REVENUE STAMPS,
PROPRIKTART AND TRADEMARK STAMPS,
In the Highest

Co.,

firms and Individuals received upon favorable terms.
Dividends and Interest collected and remitted.

NEW YORK.

686.

Financial.

&

Paton

Jesup,
(INCORPORATED

NO.

17, 1878.

sovkrnmknt bonds, gold, stocks and
miscellaneous secdritik8.

f6r

Choice County Bonds

OF INDIANA,
(WHERE NO COUNTY

13

IN DEFAULT,)

ADDBESa

RHITH

tc

HANNAnAN,

INVESTINQ AQEKTS,

Indianapolis.

THE CHRONICLE.

u

[Vol. XXVII.

Foreign Exchange.

Canadian Banks.

Canadian Banks.

Orexel, Morgan & Co.,
WALL STREET,

Bank of Montreal.

Imperial Bank of Canada

CORNER OP BROAD, NEW YORK.

&

Drexel

Drexel, Harjes & Co
81 Boulevard HaoMmans

Co.,

Ko.M Sooth Tbi«d St.
Pblladelpbia.

Capital,

CAPITAL,
SURPLUS,

Parla.

ATTOBSKTa AND AQKHTB OF
& CO.,
messrs. J. S.

MORGAN

OLD BROAD

LONDON.

ST.,

&

Brothers

No. S9 ICALI. ST., N.
laane, against cash

THEY ALSO ISSUE COMMERCIAL CREDITS

G. C. Ward,'
AGENTS FOB

BARING BROTJEIERS & COJnPANY,
52 WALL STREET, NEW YORK.
28 STATE STREET, BOSTON.

7r&

&

Stuart

C. F. SMITHBK8,

iell Sterling
;

of Canada.

Dominion

London

AGENCV OF THE

BANKERS, LONDON

nANCHESTER & COUNTTT BANK,
' LIMITED"
JOHN STCART & CO., Bankers,
MANCHESTEIi, PAYABLE IN LONDON
ULSTER BANKING COMPANY,
;

BELFAST, IRELAND
AND ON THB

NATIONAL BANK OP SCOTLAND.

MaoTAVISH, Agents.
.„.„,.
WM. LaWSON,
1

Buys and

BANKERS,
EXCHANGE PLACE,

issues Commercial Credits available everywhere.

i:§-.^1>'£S'l (Agents.

Merchants' Bank
OP

CA
Capital,

CORNER BROAD BTRBBT. NEW 10RK.

&

John Munroe
N4>.

No.

8 "Wall Street,

Co.,

New York,

4 Pout Office Square, Boston.
CHEQUES AND CABLE TRANSFERS ON

MUNROE &

PARIS.

CO.,

STERLtNG CHEQUES AND BILLS AT SIXTY
DAYS' SIGHT ON
ALEXANDERS & CO., LONDON.
ClBCtTLAB NOTKg

ASD CBSDIT8 FOB TeATBLBBS.

Knoblauch

&

New York Agency, No.

Exchange Place,

All principal cities of

Berlin.

&

ISO Pearl Street,

New

Co.,
Tork,

AeBVTa roB tbx

I.ORDON

AND HAN8EATIC BANK,
O-mmtw.-LOSDOH.

Banque
Centrale

Up

Paid-Up Capital,

Felix Gbisab, President.
/LFBED Maqcinay (Graff & Msqulnay), VIce-PrCB.
J. B. Von rEB Beckk (B. Von der Beckej.
Otto Gunther (Cornellle-DavId).
Emilk de Gott^l.

Frank (Frank, Model & Cle.)
AUG. NoTTEBoHM (Nottcbohm Frercs).
Fh. DHANI6 (Michlels-Loob).
JoH. Dan Fuukmann, Jr. (Job. Dan.Fuhrmann^,
Louis Wkbkr (Ed. v\ eber & Cle.)
JuLBs Rautenstbauch (C. Schmid & Cle.)
Ad.

TRANSACTS A
GENERAL BANKING BUSINESS.
Boissevain

BANKERS
AND

COMMISSION MERCHANTS,
AMSTERDAM, HOLLAND

Henry

Hamllton, Ost.; Atlmbe, Oht.; Pahk Hill, Ost.;
Bbdfobd, p. q.

CIRCULAR NOTES

Issue

In all parts

|

&

Co.,

Grant

/>-««o/ cAarjie, available

of the world.

COMMERCIAL CREDITS

for

use

against

Consignments of .Merchandise.
Execute Orders en the London Stock Exchasg*.

Make

Collections on

all

Points.

Receive Deposit

KING, BAILLIE &. CO., Liverpool.
NEW TORK CORRESPONDENTS,
Messrs. 'WARD, CAMPBELL ac CO.

Boston Bankers.

Chas. A. Sweet

&

Co.,

BANKERS?

40

Halifax.

LONDON.— The Alliance Bank (Limited).
NEW YORK.-The National Bank of Commerce.
Messrs. Hllmers, McOowan & Co
CHICAGO.—Union National Bank.
BUFFALO.—Bank of Buffalo.

eat rates

King

S.

BANKERS,

(CITY) .-Owen Murphy.

NOVA SCOTIA.—MerchanU' Bank of
FOREIGN AGENTS!

Collections

BLAKE BROS, dt CO

45 Pall Mall, Lond.oa, England.

MURRAY, Cashier.

Sterling and American Exchjinge
Interest allowed on Deposits.

& Co,

General London and Foreign Banking Business.

$1,000,600.

C. R.

9,000^000 Francs.

-

and Current Accounts on favorable terms, and d»

OFFICE, MONTREAL.
Pres't.

Anversoise,

Antwerp.

A CENTS:

Europe.

G. Amsinck

London, England.— The City Bank.
Bank of Commerce,
v»TO
NEW VrtBir
lOBK. 5j National
y^ ^ Smlthers and W. Watson.
Collectlonsmade on the best terms.

BRANCHES:

QUEBEC
Credit

SPECIAL. PARTNER,

DEUTSCHE BANK.

St.,

OF CANADA.

NEW YORK.

Make Telegraphic Money Transfers."^
Draw Bills of Exchange and Issue Letters of

52 William

JESUP, PATON & CO.

Exchange Bank

GAULT,

;

N. T. Correspondents.—Messrs.

taken.

HEAD

$1,000,000.

Hugh Leach, Asst. Cash
Branches at Montreal, Peterboro, Cobourg, Port Hope
Barrle,St. Catharines, Colllngwood.
Duncan Cottlson, Cashier

Manager.

change, Cable Transfers and Gold, Issues Credits
available In all parts of the world, makes collecMoos
In Canada nnd elsewhere, a.id Issues Drafts pay^ible
at any of the odices of the bank In Canada
Demand
drafts Issued payable In Scotland and Ireland, and
every description of foreign banking business under-

Lichtenstein,

St., cor.

OFFICE, MONTREAL.

Capital Paid

street.

OFFICE, 1 0RONTO.

Adolph

HAGUE, General Manager.
WM. J. INGUAM, Asst. General

Metisrs.

Reserve,

$2,000,000.

HEAD

.

National Bank of the Republic.
The New York Agency buys and selH Sterling Ex-

M. H.

BANKERS,
S9 IViUlain

A D A

BANKERS.
LONDON, EN6 —The Clydesdale Banking Co.
NEW YOUK-The Bank of New Vork.K.T). A.

wltU

Wall

The Bank of Toronto,
CAMADA.

$5,461,790, Paid Up.

-

.

HEAD

Payable In any part of Europe, Asia, Africa, Australia
and America.
Draw Bills of Exckangv and raalie telegraphic transfers of money on Knrone and California.

IV

President, the Hon. JOHN HAMILTON.
Vice President, JOHN McLENNAN, EsQ.

GEO.'IGE

Issue Letters of Crwllt for Trarelers,

Exchange, and makes Cable

Transfers of Money,

CABLE TRANSFERS AND LETTERS OF CREDIT

59

BOARD OF DIRECTORS:

$6,000,000 Gold.
$1,900,000 Gold,

Sells Sterling

Agents

street.

(

of Commerce,
50 WALL STREET.

Surplns,

Cashle;

Promptest attention paid to collections payable In
any part of Canada.
Approved Canadian business paper, payable In gold
or currency, discounted on reasonpble terms, and
proceeds remitted to any part of the United States bj
gold or currency draft on New York.

The Canadian

ALSO,

& W. Seligman & Co.,

Lombard

93

Drafts on Scotland and Ireland, also on
Canada, British Columbia and San Francisco. Bills
Collected and other Banking Business transacted.

No.

WILKIE,

In New York:
Bane of Montreal,

Agents In London
BosANQTjET, Salt & Co.,

Demand

Capital,

D. «.

Foreign Bankers.

rates; also Cable Transfers.

Bank

;

OFFICE, TORONTO.

Dealers in American Currency and Sterling Exchange-

WALL STREET.

Commercial Credits Issued for use In Europe, China,
Japan, the East and West Indies, and South America.
Demand and Time Bills of Exchange, payable in
London and elsewhere, bought and sold at current

Co.,

EXCHANGE ON
SMITH, PAITNE & SMITH'S,

HEAD

BANKERS:

Bank of British
North America,
No. 52

$1,000,000.

ROWLAND, President

Capital,

No. 9 Blrcliln Lane.

Office,

D. A.

BILLS OF

SO

A~~nt8

Exchange, Francs and Cable
grant Commercial and Travelers' Credits, available In any part of the world Issne drafts
on and make collections in Cliicago and ttuoaghont

Bay and

J.
33 NASSA« STREET.

J.

)

Waltkk Watson, J Agents.

the

IT.,

depoElud, or satisfactory guaran-

&

WALL

;

Co.,

MAKE CABLE TRANSFERS OF MONET BETWEEN THIS COUNTRY AND ENGLAND, AND
DRAW BILLS OF EXCHANGE ON GREAT
BRITAIN AND IRELAND.

G.

General Manager

IfEW YORK OFFICE,
STREET.
Nos. 59 is. 61

Transfera

tee of repayment. Circular Credits for Travelers, In
dollarH for use In the United States and adjacent
countries, and In pound* steriipg for use In any part
of the world.

Is.

ANGUS,

H. S.

Bbakohbs:— ST. CATHERINES, PORT COLBORNE,
ST. THOMAS, INGERSOLL, WELLAND.

Preeident

R. B.

Depoilts received subject to Draft. Secuntles. Gold,
*c.. Dought and Bold on Comralssion. InlereKt alloweo
on Oeposlls. Foreign Eichaiifre. Commercial Credit*.
Circular Letters for Travelura,
Cable Transfers.
ITalUble In all parts of tbc world.

Brown

-

GEORGE STEPHEN,

DOMESTIC AND FOREIGN BANKERS.

No. 88

$12,000,000, Gold,
5,500,000, Gold.

-

bought and

made promptly and remitted for

STATE STREET, BOSTON.

DEALERS IN GOVERNMENT
State, City,

SKCU-^ITIES, G0l4
County and Railroad Bonds.

Parker
BANKERS,

Bold.

at low-

Bay and

78

&

Stackpole,

DEVONSHIRE STREET
BOSTON,

Sell

County Bonds.

AVestern

Cltf

and

Ai'oiBT

THE CIIRONKXE.

17, 18T8J

Boston Bankon.

Tbe Bank of Callforniay San Francisco.
CAPITA!.,

Geo.Wiu.Ballou&Co
WALL STUKET,

8

Wew

IS

DEVONSIIIUK

WM. ALVOIU>,
B.

ST.,

Paid ur uc Qold,

MURRAY,

Receive depoalta and transact a general hanking
business execute orders at the N. V. Stock Exchange
for Stocks, Qorernment, State, Municipal and Railroad Bonds and Gold.
;

&

Brewster, Basset

Co.,

BANKERS,
rONOKESS 8TKEKT,

No. 35

Boslou, ina>a.
Oealcn

>Q Slocki,

Uondt, bold and

Commcielkl

WALL STREET,

TItANBACT A OENKRAL DANKINU UUSINKSS.

AGENTS FOR THE BANK OF CALIFORNIA,
No. 13 Plue St., Now York.

Municipal Bonds.

Company,

BANKERS AND UROKKIW.

No. 83

Jb., Asat. Cashier

BANKERS,

BANKKRS AND DKALKUS IN

&

Grant

TnOMA3 UliOWN, Caab'r.

President.

nnd Broker*.

$5,000,000.

Laidlaw & Co.,

BoMon,

York,

Banken

Banks.

Callfttrnla

Okosoi U. Uolt,
Member N. Y. Stock Excliangs.

uao. ^»- Uallov.

Ill

STOCKS BOUOHT AND BOLD ON I'MMMISSION.
INTEREST ALLOWED ON DEPOSITS.
H. Si^rDvH
}. n.

O. St. Jonx Bntr? ils.

Ubakt.

nAAS.

niKOSTLBB.

J.

O. r.

KDKBXUIUHDT

Haar & Co.,
BANKERS AND BROKERS,

4S WALL STREET.
Particular attention Klveii to tliepurDKALKUS IN 8PKCIK AND ITNITED STATES
rUawo aud italo oi' .Tlliilnz StookM In Nan SKCURITIKS.
Buy and sell Stocks, Bonds, and Gold
Franrlaco, I'ur ivUlcIi ne have the beat for cash or on margin. S|>iclal attention paid to
orders fr,r InvcstmenU.
ntcllitlesi; also all other California Securities.
ORDERS KXKCUTKD AT THE PHILADELPHIA
AND BOSTON STOCK EXCUANUK3
Issue Bills of Exch-inge, Letters of Credit and Telegraphic Transfers on London. Yokohama, Shanghai,
Hong Kong, Honolulu, Virginia City and Ban Fran-

Geo. H. Prentiss,

pkpcr.

Oraers ezeouted on UommUtlon at Broken
Ancuout, and PrlTal«,Sale.

&

I*liilu,

Bnltiinorc

LONDON, Bead Office, 3 Angel Coart.
SAN FRANCISCO Office. 482 Call/omia St.

&

Co., NEW YORK

DANKKUS AND BUUKKKS,
BAI.TI1K.OHE.
INVBSTMENT and VIRGINIA 8UCUUITIB8
K. \

.

and

soUclled

Correspondence

Information

COBRESPoKDRwrs— McKIra Brothers A

&,

W.
-

Seliifman

far-

fo.

Transact a general Banking oa.lness. Issue Com
mcrclal Credits and Bills of Exchange, available In all
parts of the world. t'oUections and orders for Bonds.
Stocks, etc.. execnted upon the most favorable termr.
F. LOW,
Manaoers
KiSATZ STK IS HART, {""*"•

Austin,

Bell

L:LIKNTI1AL

P. N.

STOCK BROKER,
•03 WALNUT PLACE (316 WALNUT

{

Cai-hlnr.

Orders

Stocks and Bonds promptly execnted at
and New York Boards.

In

Pbtla<tett>lila

raofl. p. MiLX.Ba,

J.

S.

&

Co.,

BANKERS,

nOBILE, ALABAMA.
VaymeHl.
Oerman American Bank. New
Correspondents.
rork; Louisiana Natloail Bank, New Orleans Bank
•f Ll.'erpool. Liverpool

First National Bank,
WILniNUTON, N.C.
made on

all

parte of the United Statee

THE CITY BANK OF HOUSTON,
Capital, ^500,000,

Houston,

aKSJ. A. BOTTS, Prest.

Uotca, Uob't Brewster.

B. F.

WEEMs.

F. PaNZEI„
President.

*;.

W.B,

Cashier.
5

STATE BANK,

(Incorporated

(

19l5. {

C. T. Wauoib
Cashier.

German Bank,
littLe rock, ark.:
(UnTAL
nanus

$75,000.
25,000.

(PiiD-uJ)

Prompt attention given to all business In our line.
H. T. COBRB8P0XDKXT8, DonueU, Lawson & Co. and
I

A. C. Burnham,
.DIUhed 1801.]

CHAUIPAIGN, ILL.,

offeks for sale
sbal estate first itiortgaoe
coupon bonds,
tl.QOO and upwards, yielding EIGHT to
per cent semi-annual Interest, and negotiated
Oagb the houses of
nSBAM. TREVIiTT* HATTIS, Champaign, lU.
TUI.LKYS, Council Bluffs, loica.

&

Co.,

BANKERS AND COMMISSION MERCHANTS,

New

York.

Ine, and many

are represented in tbe

others

Littell's Living Age.
J*n.

!,

1879,

Thk LiTiKe Ae«

During

volume.

tlie

year

entorel upon

it will furulsti

namea, Hnd many others
fcerlal ana Snort fetorn'p by

to

Its
its

reth

rea -

foremost authors above
embracing the choicest

LEADING POREIGN NOVELISTS,
and an amount

No. 16 Wall Street,

Unapproached by any other Periodical
world of the most valuable Literary aa^i Scienmatterof the day, from tliepeuKOf llie l.K.\i>l\G

Transact a general banking and brokerage business
In Railway shares and bonds. Government Securities
and Gold.
Interest allowed on (deposits.
Investments carefully attended to.

In the

Hilmers,McGowan & Co

double-column octavo pages of reading matter yearly.
It presents In an Inexpensive form, coosiaering Its

BROKERS IN

»eeKly Issue, and with a mtUiractory completaiesl
attempted by no otber publication, the best Essays,
Reviews. Criticisms, Taiee. Sketches of Travel ana
Discovery. Poetry. Scleiitillc. Biographical, Historical
and Political lulormatlon. from the entire body ol
Foreign Perlodlcul Literuture, aud from the pena

FOREIGN EXCHANGE AND 'GOI.D,
63 Wall Street, New York.
BOX

(P. O.

2,S«.)

merclal

tific

ESSAYISTS, SCIE.STISTS. OlilTlCS. UISCOVEUEKS AND EDITOKS. represeutlng every department
01 Knowledge and Progress.

TBI Livise Ada u a
more than

tctekly

amount of matter, with

freshness,

" In

upon

Beers, Jr.,

Stocks,

GAS STOCKS,

8H
J.

Alden Gaylord,
St.,

New York,
COUNTY BONDS

DKALKB IN

LOUIS CITY

ST.
AND ALI. CLA8SK9 OK
INVESTMENT 4 MISCKLLAXKOU8 SECURITIES
Kef era by permluloa

to

&.

W. S, KlckoU *

„

„
lor*

Co.,

KkaJwii

._

renertoir and founxainpf
"A
tntertainmtntand (nstrwcJiow."—Hon. Robert i; »!!•

pure and perpetual

"ne i>M« periodical

in .dmerfco."— Theo L. Cuyler,

A monthly thai coma nom
week."—" Tbe Advance," Chlcjigo.
"tt afford" thebest, the cheiiuent and mott convenient
pi oiire-s of lAouoht
means of keeping ab, eam irlth the
" .Nor.h .\iiierlcan.T
In all Its phases."— l't-lUM\,.Ui!i
rree or poMaat!
PCBUSHau WKlKLY at fS W a year,*«Aer
wHe tf tne
Aoa
aud
or for $10 50 TiiK Livi.no
American tl monthlies (or Uatper s Weeklu or Uatar^
postpaid: or, for«»SO,
will be sent fora year, (>o<A
TuK j,iviKa Aaa and me St. McMUu or Appltunt't
"And

WALL STREET,

33 IVall

..

" The choicest literature of the dai/."—Se-w

D. D.

aHHAUA
~yHAM

Ita

it ice find the bcl prodticliont of the ie»( icrilert
all miiiecU, rtadg to our Aaita."— Philadelphia

"Inquirer."

Brooklyn

owing to

ABLEST LIVING WRITERS.

Com

bills.

N. T.

magcuiru giving

THREE AND A QUARTEH THOUSAND

ot the

Special attention paid to the negotiation of

^7

M

WlHIsm

Mulocli,

Argyll, ^li'ra

Black, Jean Ingclow, miss Tbaekeray^IHra. Ollphant, ITIr*. Ale3tander,
George macDonald, matthew Arnold,
W. 1*. Story, Turauenlef, Anerbseli,
Ruskin, Carlyle, Tennysi>n, Bro-wn-

era the productions of the

Gwynne & Day,
[Establiebed 1S54.]

IjUnonnU of

<t BKYBR, Orinneli, lorcd.
tfSAif, URilSBY db CO., Emmetuburg, lotea.
All these loans are carefully made, after personal
iBapectlon of the security, by members of the above
firms, who, living on the ground, know the actual
Talne of lands and the character and responsibility of borrowers, and whose experience In the business for the pa.Kt sl.XTKEN VK.VUS baa enabled Ibem
Ktre enUrc satlsfactlou tu luvvslon.

PrKUcea
%. Preeman
PoworCobbe.TIie Duke

:

MetronollUn XatlonaUBank.

>«&

froclor. Prof. Huxley,
Jas. A. Proud', Edwr.

pages ot

R. T. Wilson

Texas.

F. A. lilce, C.C. Baldwin,

and Equip-

ment of Railroads undertaken.

W«

W.J. Hut;nlns.

PEli'lf.

All business relating to the Construction

3 £zchaiiee Court,

^iTe special attention to collections on all acceaftble polcts.
DiaacTORS.— Benjamin A. Botts. Pres't: C.S.LongeoBO,

W

ol'

THB

PlTTSBUnOH,

eminent

W. B. Carpenter, R, A.

Edgar Thompson Steel Co. (Limited),

A. K. Wai.KXB, Caahler.

most

ilvlne author*, aoch as
E. GladRt. Hon.
atone. Prof Max mnl*
ler. Prof. '• yiidall, Dr,

ST.,

;

Cotlectione

A SPECIALTl'.
Cash paid at once for the above Securities; or tnsy
on r.ommlHulon, at B'^llf^''.s option.

wtllUte Hold

Co.,

JOUSSTOWN, PByN.,
XSTD

Stocks

Publications.

Cambria Iron Companfy

—

Prea't.

Insurance

Buy and sell Railroad Investment Securities. Colect Coupons and Dividends. Negotiate Loans and
draw Bills of Exchange on London.
Agents for the sale of STEEL RAILS made by tbe

Special attenljon paid to collections, with prompt
f«mVttan':es at current rates of exchange on day of

M. S. BaitaDes,

PINE 6TREET.

The

&

Kennedy

41 CEDAR, COR. WILLIAM
Hewr York.

a «. wiiltams. jno. w. millbp,
CUAS. B. UII.LKB.

Thos. P. Miller

Bailey,

8.
7

BANKERS AND nERCHANTS,

Uunkcrs.

i»oiillicrn

E.

Bankers and Brokers.

ST.).

PHIIiADELPHIA.
%%

& Co.

$6,000,000.
1,55 0,000.

FliED'K

J.

A SPECIALTY.

Brooklyn Secarltlea Bought and Sold

Dealings In
>

lyec laity.

alahed.

Agents, J.

Authorized Capital, •
Paid-up and Reserve,

BBOAD 8TRSET.

OAS STOCKS

OLIMITED).

BHiiki'rt*.

Wilson, Colston

SO

lis.

Bank

Anglo-Californian

hue.

lUTMtmeiit Securlllu cooataotlTnn

Room

Board

Ui6 cheapest.

Journal.
Addrcsi

LI1TELL

4c

CAT, Boaton.

THE CHRONK^LE.

IV

Financial.

Financial.

KANSAS CITY
Waterworks Loan.

Mortgage
Seven Per Cent Bonds

20- YEAB
SEVEN PER CENT GOLD BONDS

STATE EI.\E
ROCHESTER
RAILWAY COMPANY.

Financial.

CO.
UNION TRUST
YORK,
OF

NEW

No. TS Broadwar, Cor. Rector

CAPITAL,

.

rr

.

St.

$1,000,000.

.

HAS SPECIAL FACIUTIES FOR ACTINQ AS

Transfer Agent and

First

or THE
Sc.

COMPANY,

WORKS

WATER

;

The Sochester di State Line Railway runs from the
City of Rochester to Salamanca, in the State of New
York, a distance of about 109 miles. It passes
through the rich valleys of the Genesee and

OF THE

Rcgi§trar of Stocks. NATIONAL
Administra-

Aathorlied by law to act as Executor,
Trustee, aad
tor, Guardian, feccelvcr, or

XXVIL

rVoL.

A
SECURED BT A SINKING FUND AND BY
a.'-.d forms the connecting link betweea
MONEY. FIRST AND OSLT MORTGAGE OPON THE Vryomlng,
I.ECIAI. DBPOSITOBY FOB
the New Tork Central aud the Atlantic & Great
may be made WATER WORKS ERECTED AT KANSAS CITY.
Interest aUowed on Deposits, which
WcBtem, making it the shortest and most direct
Interest April route for all the xtew England business coming
",? l'^hlS'."n°ilV m«ltntlon pass throagh toe Principal Due 1894.
"^EDWARD K&G, J^eeidtnt.
CU^rtiTHoS?*.
from the Southwestern States. A pipe line for
aud October. Coupon Bonds,
transporting petroleum oil has been constmcted
W«. Whit»wri8ht, 2d Vice Preaiatnt.
$ 1 ,000 Eacli. Can be Begfrom the Bradford Oil Regions to Salamanca, and
Istered, If Desired.
EXECUTIVE COMMITTEE.
Ua

FABinEBS' tOAN & TBUST

SAMrKL WllXITB,
Wm. Whitbwright,

M. McLkan,
AVenBTUB BCHXLL,
E. B. WlBLIT,

J.

6. Q. WllXIAUB,

Price, Par and Accrued Interest.

H. OGILVIB. Secretary.

J.

'

The Brooklyn
Cor. of Monta^oe

We

* Clinton sts., Brooklyn, N. T.

No. 92 Broadway,

CHA8. R. MAR'^IK,
BDeAB M. CuLLBH, Counsel.

Vlce-Fres

Valley Railway
OF OHIO,
SEVEV PER CENT

t.

TRUSTEES:

Alex. McCue,
Chas. R. Marvin, A. A. Low.

Henry Sanger,

J. B. Kockwell,

John P. Balfe,
Thomas Sullivan, Abm. B. Baylls, Henry K.Sheldon
Martin,
U.S. Pierrepont, DanMChauncey, John T.Hopes.
Joslah O. Low. Kipley
Alex. H. White.
Edmund W. Corlles.
Austin Corbin.

Wm.

B.

BUNKER.

A Solid Ten Per
Bonds, Stocks, S.4VINGS

SecreUry

BAMKS EVEN,

T^e old CENTRAL ILLINOIS
stands unmoved amidst the storm.

AGENCY

prove

fOAN
If

Bonds.

Special attention given to Compromising. Fundlip,
Buying or Selling Missouri County, Township and
Municipal Defaulted Bonds.
Holders and dealers would consult their Interests by
conferring with us. Reliable Information cheerfully

Inrnlshed.

KEL.EHEB

&

Wanted Money
10 TO 12 Pkb Cent Ouabanteed.

FOR SALE.

A Choice lot of Lands In different parts of the
West. Also, Western Securities. A Choice Investment. Address, for full particulars,

TALBOT,

06aeral Land, Scrip and Warrant Broker,

Slonx City, low^a.
Reference.—First National Bank, Sioux City, Iowa.

WANTED:
Alabama, Sontb t^arollna tc Louisiana
State Bonds;
Neiv Orleans Jackson 6c fit, Nortbern,
]ni«sisMii>i>l Cf'iitral, and mobile
6i. Olilo Uallroad Bonds
City of Neiv Orleans Bonds.
;

BOBG,
SO

STOCKS

and

WALL STREET.

BONDS

At Auction.

pHICAGO
Cash Dividend

CENT

of

SON,

STONE,

14,

ferred and

Common

Company's Agents, Messrs. JESUP,
53

William

New

street.

will

PATON & CO

.,

be closed on the 20th

Inst.

Sts.

Free of all Taxes, imposed or to be
1903. Interest payable May 1 and Nov. 1.
These bonds arc a direct ubllgaslon of the Cnlcago
tnlcago
& Alton RK., and have a first lien over the
Kantas City & St. Louis UR.-162 mlles-In Missouri.

Bonds due

They are recommended as a safe and

desirable

la-

•

sale at par

and

Interest.

JESIJP, PATON & CO.,
58 WILLIAM STREET. NEW YORK.

No.

H. L. Grant,
No. 145

the Pre-

York.

Sts.

CO.,

CHICiUO & ALTON RAILKOAD

For

Office of the

6c

six Per Ct. Gold Sinking Fund Bonds,
UNITED STATES TRUST CO., Trustee.
imponea.

vestment.

Stock of this Company, payable

on the 4th day of September next, at the

CO.,

Corner Nassau and Cedar

I878.-NOTICE.-A

has this diy been declared upon

OFFICE OF THE

dc

TVINSLOW, LANIEB

THREE AND ONE-HALF PER

STOCKS AND BONDS,

t(SW YOttK.

R.

&.

Corner Wall and Broad

ALTON BAILBOAD

6c

and reopened September 5tb.

"Ho. T PIKB STREET,

DBEXEL, MOBGAN

having been signed

Chairman of Committee Extension Bondholders.
New York, Augusts, 187S, 46 Exchange place.

Tha andersigned hold REGULAR AUCTION
SALES of all classes of

OH

a security of undoubted character.

given that all other bondholders who desire their
bonds represented by the Committee In the proposed
purchase of the road must tigo the agreement of July
10, 1877, and send It wl:h their bond, and |5 assessment on each bond, to the Union Trust Company, 73
Broadway, N, Y., before the 6ih d«y of Sept. next.

The Transfer Books

WEDNESDAYS AND 8ATDRDAY8.

FOR SALE AT 101 AND INTEREST.
Wo recommend these bonds to investors desiring

by more than the requisite majority of bondholders^
the same Is declared binding, and notice Is hereby

CO.MPANY, Chicago, AugUit

$1,000 EACH; REGISTERED
BONDS OF $5,000 EACH.

VANIA.

THE HOLDEBS OF EXTENSION

SUMNKR

;

ARE SECURED By""! FIRST AND ONLY
MORTGAGE ON ALL THE PROPERTY OF THE
COMPANY IN TUE STATE OP PENNSYL-

BONDS ef the INDIANAPOLIS ULOOMINGTON
& WESTERN RAILWAY CO.— The agreement for re-

No.

ADRIAN H. IHVELER

OP

New Brunswick 7 per ct. bonds. 1897.
liXLE*, 31 Pine St., N. V.

10, 1877,

1

INTEREST, MARCH
1917
AND SEPTEMBER; COUPON BONDS

PRINCIPAL DUE

Interest-oaylng lionds of Southern Railroads.
Cairo * Fulton R''. Bonds, all Issues.
Kansas Pacific Railroad Bonds, all Issues.

rpo

BRO.,

FIBST MOBTGAGE, 40-yEAB,
PEB CENT BONDS.

LoulBVlUe&NashvMeUR. Stock.
Fort Wayne Jack. & Saginaw KR. Bonds.

organlzitlon dated July

IOWA, NEBBASKA AND DAKOTA.

&.

CO.

street.

AV.\NTED.

at.

BROWN &

Delaware and Hudson
Canal Company

Northern Pacific RR. Preferred jtock and Bonds.
Oregon Steam Navigation Co. Stock.
Claims on Jay Coolie & Co.
Texas Pacific UK. Land Grant Coupon Bonds.
Jefferson. .Madison & Ind. KR. 1st and 2d Mort. Bonds
Sandusky Mansflekl & Newark BR. Bonds.
City, County and Town Bonds of Ohio, Iowa 4 wis.

W^M.

TO LOAN ON APPROTED SECURITY IN

LEW

26 Nassau

Jersey City and

;

D. H.

WINSEOW, EASIER &

H.

34 Pine Street.

Issue of S1S,5M per mile on lOO miles of road,
completed withont floating debt, and rnnnibg
through one of th^ most fertile valleys of the btote.
The net earnings of the present time are near y

&.

References.— Messrs. Clark, Dodge * Co., Speyer
New York E. W. Clark t Co., Philadelphia.

Co.,

WALSTON

AND INTEBEST.

90

FOB SALE.

CO.,
BANKERS AND BROKERS,
ST. LOVIS.

P. F.

PBICE

you

wish Investments ABtOLUlELY SAFE IN AN\
CONTINGENCY, addres.«. for circular—" Actuary of
KANSAS, MISSOURI i CENTRAL ILLINOIS LOAN
AQSNCY," Jao xhomviuj. Iix.

Defaulted

interest.

FIRST MORTGAGE SINKING FUND BONDS.

twice the fixed iuterest charges, and are steadily
incr.asing.
For particulars apply to

Cent.

brtttle reeds.

New York.

Scioto

BIPLEY KOPES.lTesfdent.

ESiey.

CO.,

&.

at par, in order to

secure a shorter line for a coal supply, and upward
of one hundred thousand tons of coal per annnm
will pass over this road to the city of Rochester
alone. The local buEiness is very large, as the road
passes through thirty towns between Rochester
and Salaman a, in »hlch there are eleven flouring
The
mills besides various other manufactories.
net earnings of the road are more than double the
interest on the bonds. The bonds are a first mortgage lien, at the rate of $20,000 per mile, upon the
We have sold over
road and its equipment.
$450,000 of these bonds, and have only a limited
amount left for sale, at 90 per cent and accrued

very desirable Investment.

LAWSOIM

Company

Capital Stock of the

and arc consianOy increafing.
recommend these bonds as a perfectly safe and

interest charges,

Company Is authorlie* byspeclal

^

of the
net earninss are larg ly in excees

The

Trust Co.

charter to act
admlnls•• recelyer, trostee, guardian, eiecuior or
of real
'?to«n act as agent In the sale or managementregistry
Mtate, collect Interest or dividends, receive
ane transfer booSs, or m ake purchase andsale of uovemfc Bnl aid ether securities.
Beligions and charitable Instllntlons, and person;
nnaccostomed to the transaction of business, will nno
thU Company a safe and convenient depository for

This

upward of 65 cars cf oil per day pass over the
road. The company is under the same control aa
the New York Central, and is already earning a
surplus over the interest on its bonded debt. The
City of Rochester invested a large amount in the

CO.,

NEW YOBK, TBUSTEE.

Geo, Cabot Ward,
Thsodoee Boosktblt.

BBOADWAir,

NEW YORK.

CITY RAILROAD STOCKS & BONDS
BOUGHT AND SOLD.
See auotatlons of City Railroads In

t his

paper

Albert E. Hachfield,
WALL STBEET, NEW liOBK,

18

W. M. LARRABEE,

DEALS IX
Secretary.

ILLINOIS CEN-

TRAL RMLROAD COMPANY, New York, Aug. 1'
1878.— A Dividend of THREE (3) PER CENT has been
declared by this company, payable on the 2d day of
September next to the holders of the capital stock of
the company, as registered at the close of the 14th day
of August, after which and until the Mh day of Sep-

tember, the transfer books will be closed.
L. V. F. RANDOLPH, Treasurer,

Flrst-Class Investment Securities,
CITY BONDS OF ALL KINDS,
P^ILSOAD Bonds asb Sobtbben Ssoobituss or
Au, Descriptions.

W^ANTED.
Southern Railroad Ponds, all kinds.
Toledo Loganaport & Burlington Bonds.
Kansas Pacific Kallroaa Bonds.
Union & Logansport Bonds.
Indlaoapells & Vlnccnnes Bonds,

I

HUNT'S MERCHANTS' M/IOAZINB.
REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OF THE

YOL.

SATURDAY, AUGUST

27.

CONTENTS.

Paris

{

The American Bankers'

Assocla-

English

I

News

Commercial

Miscellaneous
164

THE BANKERS' GAZETTE
Money Market,

V. 8. Secnrities,
Railway Stocks, Gold Market.
Foreign Exchange. N. Y. City

Banks, Boston Banks, etc

I
I

i

163

I

Qnotations of Stocks and Bonds... 16^
169
New York Local Securities
lurestments, and State, City and
Corporation Finances
170

THE COMMERCIAL TIMES.
Commercial Epitome

]i4{ Dry Goods
174 Imports, Receipts
180 Prices Current

Cotton
Breadstuffs

181

and Exports..

I

1S8
183

Thb Commercial and Financial Chronicle is issued
day morning, with

the latest

news up

to

on Saturmidnight of Friday.

TERMS OF SUBSCRIPTION-PAYABLE

IN

ADVANCE;

For One Year, (including postage)
$10 20.
For Six Months
do
6 10.
Annual subscription in London (including postage)
A'Z 6s.
Six mfis,
no
do
do
1 79.
Subscnplions will be continued until ordered stopped by a written order, or
<U the publication office. The Publishers cannot be responsible for Remittances
unless made by Drafts or Post-Offlce Money Orders.

London
The London
Street,

office

Office.

of the Chkonicle is at No. 5 Austin Friars, Old Broad
will be taken at the prices alwve named.

where subscriptions

Advertisements.

WILLIAM

I

79

f

&

DANA

B.
&. 00., Fnblishers,
81 WUliara Street,
YORK.

NEW

Post Office Box 4592.

A noat fliecover is fnrnished at .W cents; postage on the fame is IS
Volumes bound for sabscribers at $1 50.
For a complete set of the CosijfEKciAL and Fisancial Chronicle—
July, ISfi."). to date or of Hunt's Merchants' Magazine, :3.3a to lb71, iutiuire
V3f~

cents.

1^~

it is

that some shipments will be made.

The course

—

at too oflice.

The

Biisineos

Department of the Chronicle is represented among
City by Mr. Fred. W. Jones.

New York

RATE OF INTEREST IN ENGLAND AND
EXPORTS OF SPECIE.
The

raising of

its

of the

peculiarly an interesting

which may influence that course will be timely.
Turning back to a review we made of the subject a year
ago (September 1, 1&77, 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 roovement, to 21 and 34^ 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 J^ millions April
1, was 22 8 millions May l,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.

Net Exports.

Imports.

Exports.

JB69

tl9,80T,876

ISro

86,419,179

t5-.188,830
58.155,666

1871

2i,2;o,oai

9J,441,9;8

77,171,961

18T2

66,133,845

13,743,689

79,877,534

1873

$.37,330,504

31,738,487

21,480,937

84,608,574

63,127,637

1874

28,454,906

67,630,405

29,175,499

1875

20,900,717

92,13J,142

71,231,425

1876

15,936,631

56,506,302

40,569.621

1877

41,774,414

56.162.137

15,387,723

18:8

29,841,313

33,733,225

3,911,912

coin, particularly

during the

off
last

of our net exports of

two

years,

is

exceed-

ingly interesting and goes far to suggest a reason for
the depletion which has been progressing in London.

But

let us

Bank of England from
attracting more than
ment

discount rate by the

is

subject just now, and a presentation of the leading facts

This remarkable tapering
Financial Interests in

con-

not improbable

:

Transient advertisements are published at 25 cents per line for each insertion,
bat when definite orders are given for five, or more, insertions, a liberal disconnt is made. No promise of continaous publication in the best place can be
gyen. as all advertisers must have equal opportunities. Special Notices in
inking and Financial column 60 cents per line, each insertion.

WILLIAM B. DAHA,
loan e. FLOTO, j«,

it ia

sidered profitable to ship gold, and

foreign exchanges, therefore,
16J

and

News

I

686.

16'2

lion

Latest Monetary and Commercial

161

STATES.

NO.

17, 1878.

has been working toward the point at which

TUB CHRONICLE.
Bate of Intcreet in England and
Exports of specie
159
Let Iloncmy Organize
160
Thn Monetary Conference at

UMTED

look at the course of the precious metals

shown in the moveand out of tlie United Kingdom during the last
nsual attention under existing circumstances.
On June nine and a half calendar years, the value being " com2V it was raised to 3 per cent; July 4, to 3^; August 1,
puted " for 1869 and 1870 and "declared" since:
to 4; August 12, to 5.
A year ago this week it was Year.
Impord.
Exports.
Ket Imports.
standing at 2 per cent, and had been so all the year, 1889.
$iO,«I7,S15
$102,504,955
$81,887,640
1870
147,278,340
94,585 450
52,692,890
except that through May and June it was 3, which was
1871
190,701,185
168,603,.355
21,900,780
reduced to 2^, July 4, and to 2, Ju'y 11; August 28, it 1872
•8,«39,S45
148,040,060
151,679,305
23,609,730
167.996,155
144,386,425
was again raised to 3; to 4, October 4; to 5, October 11; 1873
151,895,943
114,287,965
37,687,078
1874
it was then reduced to 4, November 29, and so finished
18,18a,':35
138,140,210
1875
166.823,945
47,950,810
137,320,410
185,271,220
the year. lu 1876, it was 5 during most of January, 1876
198,990,596
•13,17?,9a5
185,812,670
1877
declining by successive steps to 2 at the end of April, 1S78, six months
80,512,(90
•6,4;9,«15
74,032,875
and so remained past August.
The present rate is
• Net exports.
therefore higher than had been reached up to the end of
compile this summary are
'J be tables from which we
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 oar giving them more in detail. It is
to 5 per cent, on

Monday

last, is

the other side of th6 water, as
in

THE CHRONICLE.

160

the remarkable increase
interesting to note, for example,
which rose from a little
Germany,
in silver imports from
1-3 in 1876 and 13f
over a million pound, in 1875 to 5
was but 3^ thus far in 1878.
millions in 1877, although it
country,
movement of the metals to and from this

The
still

viewing

it

from Great Britain, appears thus
JmporU

Tear.

tM,69.M65

1869.
1670..

1871

51,903,925

471,650

G0,907,3'i5

5TI,435

.

'.'.''..'..

jgl^'

6«riO9,890

{^4

45,881,4-5

15.094,085

83,737,390

171,7»

3',755,083

57,194,455

3,3-26,695

63,867,760

'.".'..

•••'

85.004,695

19,513,635

15,491.61)0

'-

23,3S8,895

7,3-37,630

16,061,395

"...

8,491,475

8,506.^)

•U,7;5

"."•-••

187*

:

\m.'.'.'...

18:8, six

mom!i8

ance makes some excuse for them, but it also gives them
a power for mischief. The more accomplished leaders, as
always, are politicians, seeking no ends but their own;
the rest are

happy

importance and do

in their factitious

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

instructive
mi Importf. Post-Office in this city, besides being very
$9,433,580
readint^, shows how utterly absurd and contradictory
5I,43;,075
are their notions, scarcely any proposition which has
60,335.S80
64,309,390
been put forth during the past hundred years, in the

S9,9a6,8IO

ttTs!.'.'".'.".'.'."..'.'..'-"-

IKsl

Export!.

XXV n.

[Vol.

• Net exports.

1876— which was a low
It thus appears that, taking
this country sent
standard,
the
as
year for net exports—
quarter, and durone
than
less
years,
two
last
out, in the
of her usual
one-twentieth,
than
less
year
last
ing the
first
quantity of the precious metals; in 1877 and the
calenbeing
tables
of 1878 (the year of the British

field of socialist

vagary, not finding

The

these recent utterances.
to organize

—

its

dissatisfied

counterpart in

who

are trying

be noted, for there
but see no remedy in
established have no

the distinction should

are thousands

who

are dissatisfied

—

a crusade- against whatever is
clearly-defined ideas; they have simply a feeling that
thev are tired of being underneath, and want a change.

—

—

what is true that tlere is an injusfeel blindly
somewhere in the great inequalities of life. They
agree only upon these three points: that resumption

They
tice

must be prevented; that banks must be destroyed, all
exported
Britain
Great
money to be government issues, to be " made" a full
dar, While ours is from June 30),
30
say,
of,
import
an
against
legal tender and " worth" what it professes to be by the
net 19* million pounds,
from
receipts
her
and
average;
previous
easy process of declaring it so; that government must
millions as a
half

have tapered down since 1875, so that, since take in hand the entire regulation of business and the
curing of nearly all ills. They mistake the nature of
1878 began, the movement has been this way.
The change is sufficiently apparent, and the rise in the government, regarding it as exhaustless in riches and
Bank rate now must be regarded as the response to a power, and as readily affected by the popular wish. Their
drain in which the almost entire and the prolonged sus- sincerity is unquestionable, and they are terribly in
this country

pension of the supply from the United States is the chief
In considering what degree of influence the
factor.
^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

earnest.

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

this country.

own

To

us this

new movement

of the dissatisfied and tur-

bulent elements has in it 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

see

how

We have

only to look back a few years to

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,

which in a great measure must control the

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
within the next four weeks cotton bills to a large amount the resumption act itself narrowly escaped repeal. The
will be on the market, the movement of the present cot- progress towards and the prospects of resumption we
ton crop being fully two weeks in advance of last year. 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
bave been increasing during the last five particularly, demand for the immediate repeal of the act.
This, we see then, is not merely the " crisis" of a year,
are now endeavoring to combine, for the purpose of
trade,

exchanges, would indicate that unless some unexpected
circumstance arises, it will be quite limited. In fact,

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
few of them are or later, and at merely the cost already paid or at an
feverish material at their hands.
"great" and unscrupulous demagogues, of whom Alassa- additional and needless cost in suffering, back into the

selling the casting vote in the approaching elections,

A

now supplies the most conspicuous example.
Denouncing capital, they take excellent care to get it
and keep it themselves; mouthing against the rich and
against all bonds and bank shares, they avoid being
poor, and quietly own whatever investments pay best
anathemas of "rings" and professions of love for "the
people" a most abused phrase, by the way are with
them a cheap price for leadership. The more ignorant
cbusettB

—

—

right financial path,

is

to

be decided

;

and with

it

whether

the government shall not be turned over into something
of the paternal sort.

The volunteer spokesmen

of the or-

ganizing dissatisfied suggest the abolition of capitalists,
banks, interest, private ownershipjof land and use of machinery, patent laws, customs dues, Chinese immigration,

and the contract system; and propose government savings 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-

AUODST

body

at hie

TIIK (^HllONKJLE.

1878.]

17.

own

These projeots are as

price.

tackH upon the established order of ttiingn as
riots of 1877,

and

it ia

iinwJHo to count

dity aa Hure to smother

them

all.

An

upon

really at-

IBl

be put aside, and homely senio be brought to
upon the visible facts; let there be short,
pithy, simple
tracts
distribated, which shall prove
that something cannot come of nothing; take every
shall

were the bear

their absur-

to resumption,

it

sensii)le way to show these men that the present sufferJanuary, with a prompt and positive revival of ing is universal, that the employer they denounce has
indastry, will of course disband the discontented party; perhaps been keeping them at a loss, that they are
but that revival may not be immediate, and it is blindly fighting themselves, and that better times are
narcasonablo to expect that the complete .ind final just at hand if not driven away; that bad money ia
is

manifest that there can bo no easy victory.

Success

in

change to the specie basis will not require some time. their worst enemy, and the talk they listen to is poisonons.
Furthermore, the least reflection upon the possible comThis is one thing to do; another is to organize
plications by silver, and the almost chaotic state of the organize for the selection, and election, of sound and
revenue laws and of several departments of government, honest men, not politicians, to the next Congress. Every
as well as the necessity of going either forward or back-

district has some, but the regular caucus will never
governmental expansion, will show that, at the nominate them. This can be done, but it will not do
best, the action
or, perhaps more accurately, the non- itself.
A fund should be raised; personal efforts
action
of the next Congress will bo an element of should be abundant and hearty, no man leaving
extraordinary, consequence. If some help to fix and his work to the rest.
We have repeatedly urged
complete resumption is not needed from that Congress, this independent action whereby men who will go
it may be essential that it shall not hinder; at least, it
to Washington expressly to serve the country's good
will have unusual need of wisdom, and the lesson shall be sent there, and we urge it now, as both
offered by the character of the new Congress will have the duty and the intere t of everybody who pays
an effect upon the session of the present one next for Lis own living. Vivid, combined and energetic

ward

i%

—

—

winter.

What

we going

do about it? IIow shall ihe
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
It is a mistake to persistently remain
it is nonsense.
passive, in the belief that nothing but noise can come of
it; strength without knowledge is dangerous, and a
movement which is destructive and comes short of success may yet work vast mischief by being obstructive.
We do not urge resistance because we fear its success in
overturning everything, but because it is the one obstacle to resumption and business revival and may thus
become enormously costly in wasted time. Let it be
distinctly understood that we do not urge resisting it as
threatening to run amuck against capit.al, nor do we
are

to

all men who have
maintaining stability and good govern-

address ourselves to capitalists, but to

needed to

action

is

make

sure that the hack politician?,

lift

the country out of the rut and

who

are satisfied

with anything so long as thoy 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 prosperity.

THE MONETARY CONFERENCE AT
The

PARIS.

Monetary Conference
opened in Paris Saturday last, August 10.
The dispatches state that M. Leon Say was elected president on
the motion of the Hon. Reuben E. Fenton. After the
nomination of secretaries and the delivery of a short
address of welcome by the president, Mr. Fenton briefly
session of the International

explained the objects of the Conference. He thanked
the Powers who responded to the appeal of the United
States, and hoped the distinguished men taking part in
the Conference would facilitate the accomplishment of a
work which would further the pacific interests of the

Several members not having yet arrived, the
Conference adjourned to August 16.
Thus has opened this important Conferetice, and we
Here is the point: financial and industrial health
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 repNeither party is a unit, or can be trusted resentative; also stating that an inquiry had been made
in that fact.
as such, upon these vital questions; whether the dis- in the House of Commons, " whether, now that the
contented greenback element becomae a third party " United Sftates have made silver a legal-tender, the
or not, the present danger is that it may succeed " Government would consider the possibility of establish-

an interest

in

world.

ment.

number of such fellows, partly lunatic "ing equivalent silver coinage in the great silver-using
demagogue, into the next Congress as " dependencies of the kingdom." AVe wish the represenworse than this one, whereas the tation from this country could have been a little different,
to make it
need is imperative that it be better. To trust to the and yet it is rather better than was that of the Congreshack politicians and the old machinery, is simply to sional Commission on 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
The thing to be done is, to ensure well as the country had a right to expect the best,although
tion of Providence.
the failure of these dangerous attempts, by raising the it may the average, degree of financial attainments in the
character of the Congress to be chosen this coming United States.
autumn. It is useless to distribute books on political
The chairmanship is held 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 Ilia 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 ihit
ia putting a

and partly

THE CHRONICLE.

162

fVcL XXVII.

Subjoined is Mr,
usefulness of the association.
no sense a representative man, or even a student and
letter:
Mitchell's
counthis
which
in finance, and cannot carry the weight
Milwaukee, Wis., Auguat 13, 1878.
try should have in a commission suggested by it and of Gewge S. Coe, Eig., Chairman, &c.. New York:
Mt Dkab Sir:— I have to acknowledge the receipt of your favor of the 9th
importance to it.

he

in

is

The second member, Mr. Groesbeck

of Ohio,

wag

accepted with but slight demur on the part of the silver
in the Sejate; he was a member, as an expert, of
the Congressional Commission, and has delivered several
addresses on the subject, notably before the Bankers'

men

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

me of the honor done me by the American Banlters' Associame to the office of President of the association.
The announcement took me Wholly by surprise. My public and private
informing

inet.,

tion in electing

engagements are already so nnmerous and pressing, that, while sympathizing
with the 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 wliich
the choice was made, and the be ief that the expressions of confidence contained 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
fO the utmost respect. It was an embodiment of the floancial intelligence of
the country.

Viewing

it

in th's light,

end having the highest opinion of the patriotism

of

the motives of the association, I do not feel at liberty to decline th#honor of
presiding over its deliberaticns. I accept it— not merely as in compliance with

accredited might or should confine itself " to a few what might be deemed a public duty, but with a cordia'ity which responds to
" single recommendations that can be adopted without the sentiments of personal estetm which you assure me are entertained for
me by the members of your association.
^
" embarrassment."
Be pleased to accept for yourself my sincere thanks for the kind and friendly
General Francis A. Walker, the third member, is well manner in which you have communicated to me the wishes of the association.

now

your obedient servant,

I am, very respectfully,
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 proceedings of the convenopposition in the Senate at first made to his name was
tion is voluminous, and seems to be of universal interest.
on the ground of his supposed hostility to silver. On

known

as

the contrary, he

is

a very cautious and moderate advo-

cate of bi-metallism, and his appointment

much

one, so

so that very

is

a highly

much of the weight

fit

t.OI<IUON AND OK LONDON
AT I.ATB8T n«TB8.

KATKtiU? M^VHANWii Af

this

KXOHANGB AT LONDONAUGUST a.

country carries in the Conference by its representatives
will come through him.
His view of the silver question
in Europe is that it is largely political.
Quoting, in his
recent excellent treatise on money, M. Cernuschi's ingenious statement of the compensatory action claimed
for bi-metallic coinage

" metal,

if

—substantially

that "the scarce

not in demand, will not rise in price, and the

ON—

TIMS.

:]

Hamburg
Frankfort

....

Antwerp
Amsterdam.
Amsterdam.
Vienna
Qenoa

**

..

value within moderate limits.

The

sole purpose of the Conference is for "establish-

by him

to Congress.

As was

earnestly and

*'

unavailingly urged upon Congress, last winter, steps of

@!1.15

11.70
27.60
27.60

**
»*

2.

short.

as. 14

Aug.

2.

short.
3 mos.
short.

26!4J
iO 39
20 39
25.15
12.05

''

«
'*

*'

Anz.

2.

3mo8.

RATE.

liiM

©-27.65

vi7.

10

©47.65

'*

Cadiz
Madrid
Lisbon

(t

Ju'lySO

.

3

mos

48-«

90 days.

St. Peter.iburg. 3

Eomoay
I.

@ii.a

IS.l

TIME.

Aug.

3 months. 12.3V <aia.4

months.

New York....
" ing internationally the use of bi-metallic money RiodeJanelio.
Valparaiso
" and securing fixity of the relative value between the Batavia
" metals." Its doings are to be reported to the Presi- Penang
Trinidad
dent, and

25.35

short.

..

"abundant metal, if active demand springs up, cannot
" fall" Professor Walker admits the power of law over MUan

—

i5.12>^aa5.aJX
months. 25.s;>4@a5.35
JO.58 @a0.63
0.53 @ao.63
*'
•20.58
@ao.63
short.

Paris
Paris
Berlin

EXCHANQK ON LONDON.
LATEST
DATE.

S5K@2o

3-16

June
June
June
June

....

....

60 days.

1«. 8

1-llW.

8

1-16<J.

•'

Icutta

July
Aug.

1«.

Hong Kong...
Shanghai
Alexandria

3 mos.
a.
60 days.
24. 90 days.

3iX

14.
17.
24.

40V

3).

July

8.

Aug.

1.

July

31.

"

"

(.

"
(t

6

mos.
**

4.83
24>i

12.7X®12.!5
is.

llJid.

I.75@4.93 per

U. 8
Is. 8
8s.

£

7-16cf.
7-16<f.

tOHd.

is. :iH<l-

3 mos.
97
ought to have preceded and governed remonetiLFrora our own correspondent.T
zation here, and the Silver bill should have contained
London, Saturday, Aug. 3, 1878.
merely the section which provides for these steps. Had
The directors of the B ink of Engl ind have this week raised
the silver mania been less powerful, this country could their rate ofdiscjunt to 4 per cent, and the state of the Bank
have initiated an international conference with far better account shows that such a change was necessary. The reserve
prospects of influence and success for its views; but now of the Bank of England is now on'y £8 903,407, and its propor-

this sort

.

precipitate action has put us in the position of seeming
to seek aid in getting out of a difficulty, for the hard-

headed 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-

tion to the liabilities of the

percent.

The

establishment has declined to 3446

some little anxiety,
and it is quite certain that should any demand for gold arise
which would necessitate further withdrawals from the Bank, a
further advance will be made. The firmnees of the money market
has, however, already had the effect of checking Stock Exchange
speculation, and since the increase has been made, the exchanges
h'ave become more favorable to this country.
Trade, although
the prospect is more eacouraging, is still very quiet, and the
position of affairs has led to

Of course, the inconsistency and weakness of
committing ourselves by action and then proposing
complaints are still great as to the scarcity of mercantile paper.
consultation are evident; nevertheless, the importance
of There are hopes, therefore, that the position of affairs will
international agreement on the subject is such that
the improve, more especially as wheat is quoted at a low price, and
action of the Conference will be awaited with the
is costing us comparatively little.
Throughout the week, there
livehas been an active demand for loans, and a considerably higher
liest interest.
pany.

first

price has been

AMERICAN BANKERS' ASSOCIATION.
At

the convention of the American Bankers' Associaweek at Saratoga, the Hon. Alexander
Mitchell, of Milwaukee, Wis., was unanimously
elected
^

tion, held last

President of the association for the coming year.
terday a letter of acceptance was received, which

Yeswill be

read with interest by the banks and bankers
who are
laboring throughout the country to extend
the influence

charged
but for discount purposes, there has
been only a moderate inquiry. During the last two days, the
demsiid has, however, perceptibly diminished, which is partly due
to the fact that the settlement on the Stock Exchange has been
completed. Speculation will now be conducted with caution, as
;

any material increase
difficulty if

prices of

Bank

it

in the value of money would produce some
should be carried beyond legitimate bounds. The

money

are

rate

0;.en-market rates:
30and 60 days' bills
Smonths'blils

now

as follows:
fer cent. Open-market rates
Per cent.
4 mouths' bank bills
4
3X@4
6 months' bank bills
Sii&i
4 and 6 mouths' trade bills. 4 @5
3)f>a ..

SJi©

..

AcoDST

THE CHRONICLE.

17, 1878.J

The joint-stock banks and discount houses have increased tbeir
The quota-

rates of interest for deposits fully one-half percent.

Per cent.

JnlntotocKhanka
Discount hutifv* at call
Discount noui*i>fl wtlh 7 days* notice
daya' notice
DlKounl hou««i with

1
8

,

iX

•«

U

iH

Annexed Is a statement showing the present position of the
Bank of En|;land, the Bank rate of discount, the price of Con; ols,
the average quotation for Eni^lish wheat, the price of Middling

Mule twist, fair second quality, and
House return, compared with the (our

cotton, of No. 40'8

the Bankers' Clearinjf

previous rears
1877.

1878.

Clrcnlatlon, cxdadlDg
£
ttank Moat bllU
n.83I,865
Public ilopoalta
3,943.840

£

£

£

£

28.9«.9;0

48,788.360

S8,3n.70J

5,i69,fi5l
J.3,079,8«t

3,587,.',43

Other deposits
1S,8J8,847
GovcriimrntsccarlUea. IS.S<i3.4S9
Other ^ocurlliea
17.603,9«9
Befervo of notes and

J8,93I,9S0
5,108,491
J8.a8S,877

13,S87.<M2
18,48:,6Sa

lS,~a'.!,32.'S

l.t.3(i1,805

VMSS.HOl

18,445,792

4l,B77,431
16,180,683
18.666,658

9,088,074

14,T4MI1

19,6»1,«0!

I«,9i3,171

8,9O).40:

both departments... 21,539,939
Proport'on of reserve

98,667,111

38.553,181

96,741,531

11.960,421

Cola

and bnlllon

187D.

1875.

1S74.

coin

IMm.
t Potomac (Main Line) latmort, t(.IRll
do
(Tunnel) Istmortiag*. 88.
br Pennsylvania A No. CeoLRallwa78).t91i

8,5r4,7«9

2\,ltl,M4

Jnljr 37.

Baltimore

(Xnar.
Burl. Cedar Kap. .* No.

tions are as follows:

Upland

163
O

to
75
88

74
108

109

.

Now Jersey

Do Caliror.di Oregon UlT.lBtmort.Kld.bd8,««.18n
Do Land srant bonds, 6«
1890

Chicago Bnrl.A Qnlncy sinking fund bonds, 58 ...
Del. A Hud. Can. mortgage bonds, 78
Detroit & Milwaukee 1st mortgage, 78
1875
Do
»d mortgage, 88
1875
Brie $100 shares
Do rccoustruc'.lon trustees' asscasm'ti >6 paid.
Do
do
do
$4 paid...
Do preference, 7b
Do reconstruction trustees' assesam't, (3 Dsld...
Do
do
(3 paid...
Do convertible gold bonds. 78
1904
Do reconstruction trustees' certiflcates, 78
Galveston & Ilarrisburg, 1st mortgage, 68
1911
Illinois Central. $100 shares
Do
Bonds. 68, Ist H. Chic, ^b 8pr gr..l899
Lehigh Vallov, consolidated mortgage, 68
19*3
Marietta * (;in. Railway, 1st mort., guar., 78. 1891
Missouri Kansas
Texas, Ist mort., guar, gold
bonds, Kngllsh,
19C4
New York Centrs
Hud. RIv. mort. b'ds, 7s ...
New York Centra' 100 sliarce
Oregon Jb Calirornia, Ist mort, 7s
1890
do Frankfort C'ommlt'e Receipts, X coup
Pennsylvania, $50 shares
Do.
1st mort, 66....
1880
Do.
consol. sink'g fund mort. 6s
1905

»i

86

"

KU. t Iowa, lit mori^
chircs
..
Do
cons, mort., 78
18W
Do
ex funded coups, from April 1.1817,
loJulyl, 1879. Inclusive
Oentral Pacific of CalltofDla, lat mort, <«
1888
Central of

90

Aug.
10

M

M

76

M

n

98
98

.100

108
45

.105

«8
50

M

48

18

iiff.

M

U

tl

is
84
87

88
85

MX

MHi
89
86

)
.

87)4(

108

W

«.

&n

68

»8!l

,88^
105
101

83
85
85)i
103
Vi (

'

In

to liabilities

...

....

Bank-rate
„
Consols
Bnglish wheaCav. price
Hid. Upland cotton

4 p. c.

3>i p.

MH

2p.

c.

94V

598. So.

51s. (id.

47!>.

5d.

5 11-16d.

7d.

S4''6

3 p. c.
9534
64!i. 6d.
6 3-16d.

c.

96%'

4 d. r.

95
449. 'd.

6Kd.

81
88
101
97

^103

97 © 98
©98.
The debate on the Eastern (jaestion was completed this morning, the Government obtaining a majority of 143 votes.
The
The imports of gold have been trifling, and they have ben
Eastern Question will now probably cease to bea cau^e of disturbquickly 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,

No. 40'8 mule twiet,ralr
Sdquality
Is. OJfd.
Clearfnij House retnm.lM,0J3,000

10«d.
lid.
lOd.
9X
I11.0;3,C03 108.560,100 103,895,000 108,673.1 9

The usual amount of India Council bills was offered at the
Bank of England on Wednesday, and the price rf alized was Is.

cote's words that instead of Increasing our responsibilities we
have simply recognized them. There was, he added, no great
mystery about the kind of reforms needed. The revenue, the
judicial system, and the po'ice, were the departments which
would have to be dealt with, and, disclaiming all rivalry or
selfish objects, they hoped to have the concurrence of the other
Powers, and the support of their own country. It is expected
that Parliament will be prorogued on the 17th inst.
Harvest work is now in progress, and the reports are favorable.
Although very limited supplies of English wheat are offering
the trade is dull and former pricci are with difficulty supported.
Our importations are upon a fairly liberal scale, and, in view of
a good harvest, millers are only buying from hand-to-mouth.
From the present low prices an important reduction is scarcely

8 l-16d. the rupee.

possible.

but to the value of Mexican dollars a slight fall has taken place.
The following prices of bullion are from Messrs. Pixley & Abell's
circular:

SOLD.

Bar Gold, fine
Bar Gold, refinable
!*p .nlsh Donbluona
South .^raericm Doubloons
United States Gold Coin

B.
d.
e. d.
77 10
.
..
78
....
74 6
74 9
78 9 ©73 10
76 5>f® ....
76

@

per oz. s'andard.
per oz. standard.
per oz., nominal.

German ^oid coin

@
@

pjroz.
peroz.
pcroz.

,

S}m

SILVER.
d.
per oz. standard nearest. Siii
peroz. standard nearest. 53)i
per oz. last price. 51J4

Bar Silver, fine
Bar Silver, con 'ng 5 grs. Gold
Mexican Dollars
Five Franc Pieces

peroz.

£7

Quicksilver,

Annexed are the current
foreign markets

..

Discount. 3 per cent.

Os. Od.

rates of discount

d.

@
@
©
®

....
....

....

at the principal

Bank Open
rate.
p.

2

Brussels

3X 3«

i%

St.

3)i

3>i

4

3

Hamburg

4

avaa

Frankfort.
Leipzig
Genoa....
Geneva.

4

6

Trieste...

Madrid, Cadiz and Barcelona
Lisbon and Oporto.
New York.
.

4

ax

Calcutta

5

5
4

Copenhagen

4

amount

Petersburg

Vienna and

Berlin

A

rate,
p. c.

p. c.

Pans
Amsterdam

Bank Open

markH.

c,

marc't.
p.

c

@5
thi^U
4

4X

6®7

.

of

Egyptian stocks have declined in price, owing to
realizations, but the market for British railway shares has been
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

and the principal
market, compared with those of

prices of Consols

at to-day's

Saturday last
Consols
United States 6*

,

,

188!

5-808.

1885
1887

1867.6s
funded, 58....

1881
1904
1811
1907
1875

10-40S, 6s

fnnded,4X8
4s

Looislana Levee, 86
Do
6s
Massachusetts 58
5e
5s
58
58
.Do
68
,„
Virginia stock 5s
Do
68

New

July

funded 6s

1st

Sd
Do 3d
AtUntlcMlsslsflppI

do

7,389,100 quarters, against 7,768,400

lC8i<ai085

©114

:il ©112
106V©107V
102 ©104

111

106Xai073i
1(2
43
106
108
107

1891
18S5

1C6
107
38

lOfi

35
67

©104

©53
©52
©108
©110
@1C9
©108
©108
©109

©3;
©30
©69

4i
43
105
1C6
106
105
105

10^
28
25
57

©52
©58

©107
©108
©108
©107
©107
©108

©
a

.33

Sd mort., $1,000
1902
mort. TruBtccs' certificates

do
do

* Ohio, Con.

do
do

....

mort., 78.... I90S

Committee of Bondholders*

ctfa

©
©

5^© 6H
©81
10 © 13
gwa HU

39

80
30

© 83
© 3t

"9
29
9

wheat and

flour

have been placed upon the British markets since

harvest
1877-8.

1876-7.

1875-6.

51,092,907
7,564,515
32,020,00)

40,361.'927

6.203,964
33,962,300

50,648,169
5,779,905
84.678,100

Sf.2a7.395
6.112,438
46,067,600

.90,676,753
1.585,773

80,536,191

91,106,174

819,449

81)3,640

90,467,433
363,959

89,090,980

79,716,742

90.213,534

90.202,474

50s. 5d.

53s. 9d.

45s. lid.

43s. lOd.

Imports of wheat
Imports of fionr
Sales of

home-grown produce

Total
.
BxportB of wheat and flour

wheat

Tbe following

.

for season

1874-6.

show the imports and exports of cereal
and from the United Kingdom since harvest, viz.
figures

produce into
from the Ist of September to the close of last week, compared
with the corresponding period in the three previous years:
ntPOBTB.
1877-8.
ewt. 51,091,307

Wheat
Barley
Oats
Peas

1.1,2'3,92«
...

Beane
Indian
Plour

Com

11,318.938
1,677.370
9,624.728
84.099,192
7,564,545

1876-7.
40..369.937
12.'.8«,563

1875-6.
SP.648,169
7,811,940
11,502,687
1,360,«48
8.715.170

11,037.027
1.351,755
4.170.623
31.671.900

37,703,94.3

6.2a'),964

5,7:tf90S

1874-5.
88.387.395
13.415,455
9,8J7,186

1,7M,169
2,738,396
15,101,870
«,lll,483

BTB.

.30

©59

mieat

a:OI

Barley
Oats
Peas

©
©

Without

reckoning the supplies furnished ex-granary at the commencement
of the season, it is estimated that the following quantities of

Aver, price of Eng.

St,

Do
Do
Do

;

3.

108!4S109

AKKKIOAH DOLLAR BONDS AND SHARES.
Susquehanna cons. mort. 7s. Nos.5ai
to 1,500, inclusive, guar, by Dcl.&Uud.Canal.. 1906
99 (ami
Atlantic * Great Western 1st M., $1,000. 78. ..1903
38
81
Do
2d mort., tl. 000, 7s.. 1908
10
lOU
Albany

Aug.
....a

1U9 ©110
103 ©JOS
106«a«07«

1888
1894
1900
1889

1906

27.

95X©95)^
109 ©110
lOJ ©105
107«©108Ji

42

Do
Do
Do
Do

Do

Since harvest, the sales in the
150 principal markets hnve amounted to 1,847,274 quarters,
against 1,942,085 quarters
and it is computed that in the whole
quarters, against 84,600 quarters.

Result

Kedm.

Do
Do
Do
Do
Do
Do

27, the sales of

quarters in the corresponding period of last season.

has prevailed.

American securities

home-grown wheat
England and Wales amounted to
26,433 quarters, against 21,134 quarters last year; and it is estimated that in the whole Kingdom they were about 106,000

Kingdom they have been

business has been in progress on the Stock
Exchange during the week, and, on ^he whole, rather a dull tone
limited

During the week ended July

in the 150 principal markets of

:

30

Beans

11

Indian

cwl.

Com

l,5(;o,326

63,484
111,048
19,801
19.660
927,361
85,416

772.716
49.978
85,995
33,69)
31.640
490,738
46,788

86.3,514

21,902
856,800
88,465
10.118
48,595
30,166

206,167
187,450
78.8 8
18,6 3
3,657
46.481
56.798

6ua 6W Wour
©31
During the five weeks ended July 81, which comprise the
@ 12
6vS 6)^ whole of July and a few days of June, the clearing house returns
30 © St
reached a total of as much as £556,049,000. agAioBt £508,883,000
3C Q 3J
S9
:o

THE CHRONICLE.

164
The

in the correnpondiog period of last year.

iQcrease

there-

is

were £1,061,199, against
an export of £2,5164*33, showing a loss of about £1,500,000.
The imports of silver were £908,238 and the exports £976,011.

Keports— Per Cable.

Huzltata .flarKei

The lailyclosingqaotatioasinthe market! of London and Liverpool for the paat week have been reported by cable, as shown in
the following summarr
London Money and Stock Jifetrket. The directors of the Bank

—

of England, at their meeting on Monday, fixed the rate of dia.
count at 5 per cent, an increase of 1 per cent.

The

Bank has decreased £97,000 during the

bnllion in the

Mod.
94^
94X

OODSOlt for money.. 94 9-l<)
" account.. »1 13-16
0.8.6a (5-i0gM861....!06K
ICSJi

O.s.io^oi
6«ofig8i

Ill
iofj4

iio;i
luTji

NewlXs

lObX

106?i

—

MarkH.

lAverpool Gotton

slee special

Hon.

Sat.
d.

8.

6

85

«

9
10
10

6

S5

(Av. Cal. white)..
10
"
(C. White club)... " 10
Corn (new W. mix.) ^ quar. -li
Peas (Canadian)
gnarter. 33

8
5
9

2

Liverpool Provision! Market.

—

9

a. d.

Beef (prime n)es8)|»tc... 73

73
49
34

Pork (Wt. me8B)....|( bbl 49
Lard (American)

Cbeeee (Am.

ftae)

^cwt

3i

"
new "

«

39
43

...

6

"
Veal
"
TaUow(primeClty)..»cwt.
"

(fine)

"

London Produce and
8.

Uaseed

(Cal.)

^

qnar.

6

8nKar(No.l3D'chBtd)
onspot, Scwt
23 S
Sperm oil
Stan.. 69

WhaieoU

'•

.85
.88 15

Linseed oil....* ton

9
6

49

,

Ang.

10

$348,000
376 000
S8 3,000

12..

34

14..

d.

435,000
340,000

6

3
9

49
9X
7!4

37
ii

3

9

—

8.

d.

8 10

Wed.
Thnr.
£ s. d. £ e. d.

6

8 10
50

23 3
69
35
28 15

23
69
35
88 15

50

8 10
tO

6
S

23
69
35
28 10

6
3

FrI.
b. d.

£

8 10
50

6

23
69
35
28 10

3

Imports and Exports fob thb Wekk.— The imoorta last
week showed an increase in dry goods and a decrease in general

213,1)00

|2,045,0J0

— Messrs. P.

week ending

(for

New York

dry goods) Aug. 8 and for the

FOBBIaS IKPORTS AT

_.

tor

week ending

9:

KBW TOBK FOB TH« WIEK.

^
Drygoode...
General merchandise...

1875.
»),OJ7.73l
4,80«,2J6

1876.
$2,035,410
3.675.303

1877.
tJ,16V-'i3
2.8;5,33'i

ta.ltil.l2^
3 677,5

Total for the week.
rreTiouBly reported....

»>i.8t),937

15,760,715
179.753,9)1

$5,010,919
203,474,093

t5.83S,683
169.7J5I903

7203^15^

FlTs.se 1,546

Since Jan.

211.690,827

|l«,61l.617

1220,534.764

1

1878
1

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 lor the week ending

Aug.

\o'.

ZFOBT8 raOM KHW TOBK »OB Ta« WXKK.

n
I
Fwtheweek

..

...

PrenonBly reported....
Since Jan.

1

'875.
15.817,651
! 4e,277.999

15,918,086
154.171.7 65

1877
$4,177,517
160,410,308

1(W«
»6,636 ho
203,296.650

t:53,495,650

$160,089,851

il6l,8r8,3S5

$i0a,933,126

187,1.

3,140.431
2,984.7(i3

1867

week

at the

$574,835 24
550.177 86
321,:331 40
508,810 8)
5M 890 4S
471,662 03

and

gold)

Coin.

,

Currency.
$4PO,64i 7G
939.139
479,529
803,148
428,044
881,701

49
57
55
39
27

$;,94",687 91

$4,923,805 92 $3,889,053 42 $3,932,i03 03

123,612,31125

4S,213,.324 63

121,671,465 74

49,20.3,62155

—

—

The Mariposa Land & Mining Company baa levied an
assessment of %\ per share on the preferred and commou stock
of the company, payable on or before August 12, at the New
York office, after which date it will be delinquent and liable i,o a
charge of $3 on each certihoate for expenses.
Messrs. Peck, Gilbert & Co. are conducting business in stocks
and bonds at 16 Broad street. An important feature of their
busiiiess is dealing in speculative stocks on 3 to 5 per cent margins.
They offer to give first-class references to parties desiring
to operate through them.
BANKING'AJiU

FIMNdAL.

\rUat Sball We Do Wltli Our Flve-Tweutles
The rapid calling

25.000
38,552
4,100

%v,ia

?

Five-Twenties of 1865 by the Government, and the fact that the Five-Twenties of 1867, of which there
are over three hundred millions outstanding in the hands of
investor.-", come next in order, is causing a general inquiry among
the holders of these bonds as to which issue of Government
Securities they shall select in making an exchange while they can
realize the present

in of the

premium.

desirable bonds for investment are the " Fours," " Four»
and'a-halfs," "Fives," "Ten-Forties," " Sixes of 188." (second

The

and " Currency Sixes."
demand from holders of Five-Twenties, there
a large demand from new investors more wide-spread than for

and third

series)

In addition'to this
is

many years.
We, therefore,

naturally look for a gradual advanca in the
which are most desirable.

prices of the issues

We have just published the

fifth edition

of our "

Concerning Government Bonds," designed

cation at our

silver,

Payments.

.

,

90 $1,088,478 08
63
6)7.893 91
3
426,417 00
71 l,089,-i22 01
65
477,098 63
54
259,9.3 68

$:,59S,54J
981,461
523,852
630 161
620,072
536,714

*ng, lu-btr. ^eckar

week ($n,»68

Sub-Treasury have been

Receipts
Coin.
Currency.

bility for investment, &c., copies of

Total for the

$7,43.5,207
7,522,430
9.B21.531
4,866.850
1,743,660

The Chicago & Alton Kailroad Company has declared a
dividend of three and ouelialf per cent on both the preferred
and common stock of the company, payable on and after September 4, at the office of the Agents of the company, Messrs. Jesup,
Paton & Co., 53 Wiliam street. The transfer books close August
20, and re-open Septembir 5.

to

MEMORANDA

answer all queB«

tions in regard to

these securities, and to give full information
to intending investors as to the probable time for which the
different issues

:

Amcr. Bilvor bars.
Mer. silver bars..
Mex. silver dels..

153,691
14.151,079

and $1,6M,S50 gold).. .$14, 209,773

1S71...
1870
1869
1868

The following will show the exports of specie froft the port of
for the week ending Aug. 10, 1878, and also a compariBon of the total since Jan. 1, 1878, with the
corresponding
totals for several previous years
^"6. 8— Str. Pommeranla
London
Am. all. V-V dole
SIO non

Hew York

Southampton

2,76 7

Keleher & Co., of St. Louis, whose card will be
found ill our advertising columns, are dealers in Western securities and investments, e.*pecially in St. Louis and Missouri securi-

The total Imports were f 5,838 038, against
t5,'io7,0:iG the preceding week and
f 4,981,659 two weeks previous.
The exports for the week ended Aug. 13, amounted to
fC,G36,770, against |6,241,967 last week and 17,460,808 the pre(for general merehandise) Aug.

4ri..3:3

P.

merchandise.

The following are the imports at

930

silver

Silver bar?.

—

CoMimcvciaX auft l^tt IsccUaueo xts IXexus.

vious week.

Amer.

They alio give particular attention to aljustin* the
indebtedness of the counties, cities and townships in Missouri
with their bondholders, being represented in each county, township and city where it is necessary.

10

7X
37
22

6

d.

9>i

n>i
3
9

6316

ties.

49

9Ji

Total

Balance. Ang.
Balance, Aug. 16

Frl.
8.

10

37
22

d.

49
84
38
44

Tnor.

10

Amer. gold,
Amer. silver.

Same time lu—

transactions for the

13..

74

6

Thomas

1878 ($9,518,923 silver,

Customs.

6

b.

8.

10

3

d.

8513
7,848

as follows:

23

Prl.

Wed.

7ii
37
23

Tnea.

23 3
69
85
23 15

9

B. d.

9X

7}4
8

£

£. 8. d.
8 10
50 6

74
49
31
t9
44

49

10

37
23

a.

C

410

d.

9%

Mon.
d.

10

60

49

Oil Market/.

Sat.

£
Uns'dc'ke(obl).»tt. 8

8.

10

3

3

10
10

Thnr.

d.

74
49
33
89

Taes.

d.

9X
7X
37
33

B.

6

43

6

8.

10

Pelroiettiji(reflned)
(spirits)

Spirits turpentine

6

Men.

d.

49

Boain (common)... Vewt..

74
49
32
88

—

Sat.
8.

d.

B.

6

4i

d.

16.,

39

Liverpool Produce Market.

9

S3
33

Wed.

Taea.

d.

B.

6

9

5

gold...

Foreign gold

2,819,669

90
94

8
5

St.

Vera Cruz

6.137,57.1

15.

Mon.

Sat.

5

10
10

1,

26

ftO

S

10
10
23
33

Colon

^ ...

The

PrL
s.

96

Amer.

.

Araer. silver

$7,756,313
2,854,630

1874
1873
1872

26

9U
96

—Str. Andes

Total since Jan.
1877
1876

d.

.Cindad Bolivar
.Belize

Araer. goli..

1875,.

Thar.

same periods have

:

Aug. 9— Str. Baha-na.
Ang. 10— itrCity of Merida

vrrn

«6

«

10
10
83
33

5
9

«

26

90
.96

90

been as follows

Same time in—

irs

s.

62,035,131

of specie at this port during the

Ang. 5— Brig M. M. Williams
Aug. 8-BrigTala

105)^

d.

ig^M^fig

$52,877,836
42.990,415
24,2;0.964
63,J3S,187
i9.2 6,6:«

»*>87
18-;6

39,.32!).2I8

55,820,411

107>,-

B.

gold)....

1870
1869.
1888

60.810,ltir
39.641,4J.5

x:05X

Wed.

d.

83.2«,g82

The imports

94 15-16

report of cotton,

a.

9,3 15,8 .7

and $5,455,140

ISTl

$22,313,4:5

Aug. 8

$5,255, l40 gold)

Same time in—

In

1877
1876
1875
1874
1873
1872

95X
U'6X

xiosii

Taes.

d

ii
33

B«con(l'gcl. m.)....

uoTi
lorK
lOU^

i07>i

Fii.

94 13-16
95
106J<

1(K>

IMX

90
"96
"

(Red winter)

94 ll'ie
94 13-16

O-l^
91 13-16

105^
iioy

B.

"
"

Thnr.

Market. —

Liverpool Brtadstujfs

Kont (extra Siate)
»bbl
Wheat (K. W. spring). Vctl

Wed.

Toes.

Same time

and

1878 ($4,168,639 silver,

1.

XXVIl.

Total for the week (f37,801 silver, and $1,490 golc'')
Prevloosly reported ($9,461,719 silver, and $l,«8a,3BJ gold)

week.
Bat,

PrevioaBly reported ($4,030,631 silver,

Total since Jan.

fore £47,166,000.
In the same period, the imports of g;old

Vol.

I

may be expected

office,

to run,

their relative desira-

which can be had on applior will be sent bv mail to any address.

FISK & HATCH,
BANKERS AND DK.\LERS IN GOVERNMENT BONDS,
No. 5 Nassau St., Nkw York.

ACOUST

THE CHIIONICLE.

17, 1878.J

Kif)

$100, Nos. TH,OM to 1H,7.'.0, both Inclusive; f.'rfK),
to 10.11.50. both IlK^luslve; $1,00o, Nos. 30,551 to DO.IKKJ,
yiO.;»<»0.
Ixith ii.clu.lvr; $5.0(MI, Nos. 10.601 (o lO.IHK), U.lh Inelusiv..;
Nos. 20,901 to 2 1.3(io.liotU Inclusive. Total registered bonds, $2,500,000.
Aggregate, $5,0(K),0()0.
Registered bonds

:

No«.^0.8Ol

TirNi^o^*rBaak8

o'rganii!r<(l

during tUepait wtwk.

Tlio sixty eighth call, for 1.1,000,000, will bn Issued to.morrow.
Cloalntf prices at the N. Y. Board linve l>een an followH:

DIVIDBNDII.
n* followlne diTldandf h«Te recantlT baan «iinoope«d
Namc of Coxpaht.
Railroad.
Cbtcaiio

&

Sept.

and common,
IiiNiirance.

AlKiii. prif.

An2. 21 to Sept. 4

On Hem.

S

••••••

Sterli ng Firn_

4.

KKIWAV AWliUST 10. 1878-6 H. BI.
The Money Market and Financial SItiiallon.—The week

there have
l>wn a very quiet one in financial cirolcs, and
than tlie advance to .)
been no more excitinj,' topics for discussion
out-turn
prol>al>U>
the
per cent in the Hanl< of Enghmd rate, and
for grain ends with
if our Western wlieat crop. The crop year
sort of grain at
July 31 and the »;"»*« r<>ceipts of Hour and each
Louis, I'eoria, Chicago,
the" eiitht Northwestern cities, St.
AlilwKukee, Duluth, Detroit, Toledo, and Cleveland, for the la.st
five cr»ip years, were as follows:
lina

1S77-7R.

1S74-7.5.

1875-70.

1S76-77.

1873-74.

5,!»49,054

4.si»2,534

5,a43,6(i9

.'i.:i27,Ml3

(i,30i),8y5

77.4!VJ,'22S

3!),OS1..">10

(lti,2'<7,202

«.5.P2(),727

h7.(;(i:!.7i>!'

>*l.(illi.."i01i

(;j,i)o:).o'.;()

4IMMi(;.21s

82.047,30(5
(.J.sl8.0l7

J(;.!i7-',.'.!i'<

2i.(;'.)i.(;.">i

ll.40it,74l

s..ii»2.>);!'j

•j-<.4S!i,:mo
7,tJ57,(i;f7

22..")ill.l27
5,472,4SI.S

4,036,120

2,8!>7,S7><

2,227,1«0

1.227,649

Total.. .205,.'>14,4G2 154,412,580 167,563,705 143,078,219 180,370,466
movement of
It is impossible to follow the grain product and

the country with the same precision which is exercised in following the cotton crop, but the receipts at these leading points have
been accepted for a number of years by the Produce Exchanges
as furnishing a general indication of the grain crops and movement in the Western States. For the present year, 1878-9,
all accounts seem to agree that the total yield of wheat in the
I'nited States, including California, will be largely in excess of
As to the Northwestern States, howthe heavv crop of 18r7-8.
ever, reports are still in conflict as to the injury done by storms
during harvest time.
In our local money market, rates are as easy as ever, and on
call loans the range is 1@3J per cent, according to the collaterals,
prime short-date commercial paper sells at 3@4 per cent.
The Bank of England statement on Thursday showed a decrease
of £97, 000 in bullion for the week, and a reserve of S^ per cent
No further change
of liabilities, against 36 per cent last week.
was made in the discount rate, which was advanced to 5 per cent
on Monday, 12th in.st.; from 4 the previous figure.
Tlie last statement of the New York City Clearing House banks.
Issued August 10, showed a decrease of $770,3.50 in the excess
above their 3-5 per (*nt legal reserve, the whole of such excess
being ^•2I),S,3.5,9J5, against |31, 606,275.
The following table shows the changes from the previous week
and a comparison with the two preceding Y:ears.
]_
1878.

Aug. 10.

Dlffer'nces f r'm
iprevioiis

week.

1877.

1876.

Aug. 11.

Aug. 12.

Loans and dU $240,220,100 Inc .$2,123,900 $245,377,200 $253,075,800
Specie
Circulation

Met

2,416.800
H3.80O
3,454,200
50,286,500l Oee. 2,323,000

20,407,600 Inc
..

(li'iKwits

Legal tenders.

.

19,180.80ol Dec.

223,432.700 luo

.

15,030,700
15,689,500
215,431,600
53,094,800

Period

0«,
0«,
0«,
6«,
Oa,
6s,
5s,

21,092,000
15,273,900
226,515,100
58,683,200

Halted 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
official in the Treasury Department at Washington, as reported
in the Chicago Iider-Or^nn, are not without interest. He says as
to the purchasers who take the new 4 per cents
" From ni V observations, I judge that the greatest number of inve.stors
Is eompriscii in the class who have had their money iu baiik.'i—saviugs
lmnkf>, ospcciiiUy. The next largest number of bonds are taken by iusuraiue cinnpaiiics and trust companies, who want a long-time bond.
Third, I wnukl name new banks that are being organized, who buy them
for diposit to secure tlieir circulation, aud old banks who have called
bonds i)U which interest lias ceased, aud which they must replace. The
next cla.<» is conipo.sed of private capitalists; they are few, but when
they huv they take large amounts. Of course, the second, third and
fnurth <-las8 I have nauieil have tlie largest amount invested, but you

*iT

Aug.

*;^-

l^1E

14.

107»» 107%'MO7'V(
-107'a 107»8 •107>a •107»M '107nsi 107'S
102as "IOSSb •lOaas 102^4•102^fl 102%.

reg. J. &. J. •107'a '107'« •107>ii

08,1881
08,1881

coup. J.
lM0n...rrg, .r.

.5-20S,

5-20S, 1H«5 .coup. J.
5-20S, 1867... reg. i.I.
,5-20A, 1807 .coup.'j.
,5-208, 186H...r<'g.;J.

&
&
A
A
&
&
&
&
<Jt

J.
J.
J.

10239*102% '102%'102's, lO2'a-102«8
loft's, -lOaiB
104N lei's 104%1 105
J 104»8 \M^* lOliVc 101%i 105'8 105
J.l
I

108
lOO'u MOfl-li -107
HMJi^ 107 l-107»g'107>fl
106:i» lOiiia -KMCa IWl's
ion's MOO'*, loo's
109
8. • 109>si*U>(t
conp.^^f.
.5s, KMOs
5s, fund., 1881... reg.KJ.-Febi loOM, lOO'-i lOO's 106'4 10<;:Ih 106'4
lOlilM 106'4' 106:% IOB'4
5s, fund.. 1881. .coup. q.-Keb.j UHi'il 100
reg. <5.-Mar.| xO;!%,M03'm 103»H 103%: 103'9,103%
4»ss, l«ill
coup. (i..Mar.,* 104%' 104^ 104% 104% 104Ts 104'fl
4ias, 1891
*
'IOOOr 100 »s lOO'sMOO's lOOTg
Jan. *1001>8
reg. Q.-Jan.
4s, 1907
con
onp. iQ.-Jan.l' lOOng'lOOOs 100% lOOTftl lOO'fs 100 4i
4s, 1907
J.l
'9.5-99
reg.
,r.
&
120HI 120 i*ll»'B 120
120»sl'120«sl
68. cur'cy,
* This is the price bill
no $ale was made at the Board.
The range in prices since Jan. 1, 1878, and the amount of each
class of bonds outstanding Aug. 1, 1878, were as follows:

1808

,5-20s,

.coup.,. r.

reg.iM.

lO-lOs

•lOOHi

,1.|'107
J.

M07

108

8.l'10«l>a 'loo's

;

Range

Highest.

68, 1881. ...cp. 105'8 Feb. 25 110%
68,5-20s,'65.cp. 102 '.1 July 22 lOSis

6s, 5-20s,'(!7.cp.
6s, 5-208,'68.cp.
OS, 10-408... cp.
58,fiinil.,'81.cp.
4I2S. 1891 ..cp.
48,1907 ....cp.
68, cur'ncy.reg,

Amount Aug.

since Jan. 1, 1878.

Lowest.

2:>.'^:i(;,lC4

7,007,073
1,761,216

Auff.
id!

Interest

BooKa Umwbd.
Whin
Ckmt. Patabli (Ukya ioclaalTe.)

fsn

10410 Aug. 12 108=8
106% Jan. 2 111 I4
103''s Mch. 1 1093s
102% Feb. 25 107's
lOl^a Mch. 1 lOi^s
100ig,July 1 102%
117'.iApr. 5 122%

June 27]$19fl, 009, 5.50 $86,720,800
.50.668,500
51 129, niM)
June 6
June 27 107 ,050, 150 202,957,0.50
21,436.300
16 ,029, 000
June 28
July 29 144 ,280,
July 30, 23 ,3(il, 150
May 24, 15 .112, 100
80,,597, 3.50
Jan. 9
May 25' 64 ,(i2:f, 512

Closing prices of securities in London hnvi'
Aug.

U. S. 6s, 5-20S,

16.

9.

follows:

J an,

1678.

1,

nigheet.

Lowest.

106% 106% 105"'4 Jan. 2|I09'sJune 8
104 H Feb. 25i 1 1 1 '^ July 30
IIII4 111
108
ice's 107^8, 10712 103% .Mch. lloOMJuly 9
106"8'106% 105'4 10218 Fib. 2.-. I'.7i4 July 30

58 of 1881

New 413 i)or cents
State

lis

50,285,500
273,075.900
90,887,900
32,252,650

107

1807

5s, 10-40S

U.S.

11

Aug. Aug.

2.

1.

Conpon.

KegUtered.

and Railroad Bonds. — Louisiana

have

rM:isol8

;>i:it<

consequence of the yellow fever ravages in New
There has been a little movement in deferred certrfiOrleans.
cates of Virginia debt, and considerable orders are reported in
Tlie South Carolina Court of Claims was to meet
this market.
again yesterday (1.5th), and, in the opinion of some parties well
informed, they can find little against the ralidity of any of the
consolidated bonds. Tennessee reports state of the recent political gathering that the "platform disclaimed any purpose of repudiation, but called for no taxation, and that any proposal for
compromise of the debt be submitted to the people." This sounds
rather ominous.
Railroad bonds have sold in only moderate amounts, at prices
At the Board, 12i o'clock to-day, if 104,000 of
generally steady.
Milwaukee & St. Paul consol. bonds sold from 95 down to 94, and
$17,000 Hannibal & St. Joseph 8 per cent bonds at 97i to 97J.
The bonds of Southern railroads in the New Orleans and Mem,
phis sections are depressed by the prevalence of yellow fever in

been weak

in

those cities.
Messrs. A. H.

MuUer & Son

sold the following at auction

Shares.

:

60

7 Hope Fire Ins. Co

lOEtuaFireliLS. Co. of N. Y....
j,r^-^
$o7o 0«
25 Wilcox & Gibbs Sewing Machine Co
Closing prices for leading State and Railroad Bonds for two
weeks past, and the range since Jan. 1, 1878, have been as follows:
States.

Aug.

Aug.

9.

16.

74

7014

Range

Bince Jan. 1, 1878.

Highest.

Lowest.

:

number

of investors in tlie tlrst class. I notice
called for are citlier of very small or vei-y

far the largest
that the most of the bonds
liirge denominations. That indicates that the people who buy 4 per
cents arc either poor or else are very rich. Tlic advantages offered by
these liotKls are greater to the very rich and the very poor man than to
the middle classes, as the latter want bonds that arc 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. Tliey sell their
bonds and use it. When they liavo reaped the profit they buy bunds
ai!.iin.
But the advantages of these bonds to the very poor or the very
rich arc: The long time that they run ; their small deuoininattons: they
are free from taxation; the iuterest is payable quarterly, and a draft is
»eiit to the post oltice a<ldress of the owner, whereas. In collecting iiitcr«wt on other bonds, you have to go somewhere and bo identiUed, or hire
a lawyer to get it for you, which is a great bother."
will liiid liy

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 12, .500,000 are coupon and $2,500,000 are registered bonds.
The princiiial and interest will be paid at the Treasury on and
aft<>r the lOtli day of November, 1878. and interest will cease on
that day.
Following are the descriptions of the bonds:
Coupon bonds, dated July 1, 1865, namely: *50, Nos. 71.001 to
72.000. Imth inclusive; .$100, Nos. 127,001 to 129.000, both inclusive;
moa, Nos. 87,001 to 90,000, both inclusive: $1,000, Nos. 169,001 to
174,000, both Inclusive. Total coupon bonds, $2,500,000.

Louisiana consols
Missouri 68, '89 or '90
North Carolina 68, old

*14'2

35

Tennessee

6s, old
Virginia 68, consol

do

do

'72 "a

2d

series.

Diet, of Columbia, 3-658

Railroads.

811a

—

Centralof N. J. 1st consol
Central I"aciflc Ist, 6s, gold..
Chic. Burl. & Q. consols 7s.
Chic. & Northwest, cp., gold.
.

M.&

St. P. cons. s. f. 78.
Pac. 6s, 1917...
Chic R. I.
Erie Ist, 7s, extended

Chic.

&

&

28 la

80% 74

S.

do
This

is

M.

Apr. 12

Feb. 11

June 22

39«8

May 25
May 14

30
85

Jidy 16
June 10

18

64i4Mch. 4

•83

105% loo's 103=8
113
100
97 14

8 85
5 108

103'a 104i4July
Mch. 29
'14Ta 15
•35
33 'a Jan. 4
'70
28 la 29 July 31

113
98
94

'108'4 '108 14
115 •115

112
cp.. 111
Michigan Central consol. 78..
-list's *118
Monis 6i Essex 1st luort
117
N. Y. Cent. & Hud. Ist.cp.... 118
•98
Ohio & Miss. cons. sink. id.
•118
118
Pitts. Ft. WavneA Chic. 1st
•103
104
8t. Ijouis & Iron Mt. Ist m..
105''8
106
Union Pacific 1st, 6s, gold.,

Lake

09% June

8. 1st cons.,

Jan.
Jan.
91''9Jan.
9115 Jan.
106 Jan.
110 Jan.
109 Jan.
105'6 Jan.
1 151a Jan.
118 Jan.
95''8 Feb.
118 Feb.
103 Apr.
1031% Jan

109

90 July 11
15 108=8 June 28
2 II313 June 15
14 10314 May 31
5 102% .May 25
5 llOia Juuc28
7 llOHJuly 8

10 112i4May 27
July 35 112
Apr. 29
5 120
122 jHnc2»
20 10218 June 27
8 12li-> June IS
5!lo>.i%
" lO'^'s

May 24
JuneSS

*102isrl02ia 92% Mch. OilOoUJulr
sinking fund
the price bid no sale was made at the Board.
;

Batlroad and nilsceUaneoiia

Stoelt*.

— The

stock

market

has been comparatively dull and not a new point has been
developed as to anything affecting the actual yalue of stocks.
The granger stocks hold their own after considerable fluctuations,
on the varying reports as to the wheat crop of the Northwestern
Paul Company has
It has been reported that the St.
States.
issued $3,480,000 bonds this year, partly for the redemption of
other bonds and partly for building new road, but no official and
anthoritative statement as to these issues has come from the

THE CHRONICLE.

166

[Vol.

—

—

earnings reported.
^Jan. 1 to latest date.^
~
1878.
1877.
1878.
1877.
$88,597 $84,726 $702,904 $664,122
92.698
89,500
677,806
750,466
92.269
75,830 1,831,428 1,696,237
219,926 253,125 1,475,686 1,684,058
90,341
88,949
936,434
. .
826,849
91,833 117,439
821,973
Nashv. CI1.& St.L. June
810,994
26,552
23,880
July
fcElizabetht.
Pad.
15,130
15,577
115,527
Pad. & Memphis.. July
101.887
219,024 250,705 1,261,652 1,389,864
June
PUila. &Erie
1,498,658 1,199,518 5,670,426 6,393,493
Phila. & Reading. June
8,850
8,034
265,559
St.L.A.&T.H. (br8)lstwkAue
278,666
92,903 2,244,666 2,302,364
St.L.IronMt.&S.lstwkAug 85,200
63,119
61,288
IstwkAug
No..
1,810,893
1,666,132
St. L.K.C.&
17,966
22,840
491,919
2d wk J'ne
.^56,876
St. L. & S. Fran
8,200
11,591
308,496
297,814
St. L.&S.E.(St.L.)2dwkJuly
5,974
11,488
176,114
(Ken.). 2d wk July
162,033
do
2,306
2,970
(Teiin.).2dwkJuly
88,204
do
76,075
46,734
40,442
285,113
207,740
St. Paul & S. City. June
28,176
July
145,890
Scioto Valley
29,954
21,450
179,764
113,.528
Sioux City & St. P. June
53,624
35,781
373.983
207,853
Southern Minn... Juno
30,471
25,434
735,487
Tol. Peoria Ai War. IstwkAug
598,296
IstwkAug 115,054 114,024 2,677,036 2,473,121
Wabash

Latest
The annual report of the Chicago &
WeekorMo.
May
1878,
ending
year
31,
fiscal
the
for
Company
ludianap.Bl.&W.July
Norrbwestem
Int. &Gt. North.. July
win be found on another page, and the exhibit made for the year Kansas
Pacirtc. .IstwkAug
this week are
is decidedly favorable. Among the steadiest stocks
Mo. Kans. & Tex July
Lake Shore and Western Union Telegraph, while the coal stocks Mobile & Ohio. .June
.

the company.

officers of

XXVIL

,

.

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
Monday,
Aug. li.

SatnrdaT,

AUC.

10.

* 8t. y.

do
Chic.

Aug.

18.

Ang.

14.

Friday,

Aug.

15,

18.

. . .

IIO^IIOH
20^ SOM

Uarl.* Q.

C. Mil.

Aug.

85

Ontrsl of N.J.
Ctalc.

have been as follows:

Taesdav, Wedn'sd'T Thursday.

pref.

*

Korth.

do

66

pref.

I. * rac.
Ue].& U. Cunal
Del. Lack. A W
Krle

Han. «
do

ur

_

C. R.

90

St. Jo..

pref.

Lake Shore

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

84^

IlUDOItCent...
...

Michigan Cent
Morrla A Essex
N.Y.C. *H. K.
Ohio AMISS..

:

Pacific Mall...

Panama
Wabash
Union
West.

Quotations.

Adams £xp....
American Ex..

•mi

United ^tat«s .
Wells, Farito.
Quicksilver....

'43ii

do
*

30

pref, •a«>i

30

44^

90

M

I'SO

33

Tbcae are the prices bid and asked

Total sales this
were as follows:

47

:

Jan.

13ji

•30)j

as

no tale was made at the Board

week and the range
Sales of

•12W

in prices since Jan. 1, 1877'

1,

Whole year

1878, to date.

1877.

Week.
Shares.

Central of N.J
Chic. Burl.* Quincy.
Chic. Mil. & St. P.. ..

do prel.
& North w.
do
do pref.
Chic. Rock Isl. & Pac.
do
Chicago

.

Del. & Hudson Caual
Del. La<'k. & Western

Erie

Hannibal
do

& St. Jo.
do

..

pref.

Illinois Central

Lake Shore
Mk'liigan Central
Morris iL Essex
N. Y. Cfiit. &nud. R.

Ohio

&

-MissLssippl..

Pacilic Mall

Panama
Wabash
Union Paclflc
Western Union Tel...
AdiiiiiH Express
Amerifan Express..
United .States Exp.
.

Wells, Fargo & Co...
Quicksilver
do
pref.

Total sales of the
St.

Paul.

Lowest.

10,900 ISHiJan. 2
3,333 99^4 Feb. 28
84,375 29 Aug. 13
99,075 65 Aug. 13
96,450 321a Aug. 10
97,160 59% Feb.
1,010 98% Jan. 15
6,311
45 Jan^ 5
104,950 4638 Mch. 5
51,230
758 Jan. 5
3,800 10 Feb. 28
3,500 2158 Feb. 28
2,340 72% Feb. 14
123,196 5573 Jane 29
9,755 58'2 Jan. B
4,863 67% Feb. 28
2,159 103% Feb. 11
1,568
6% June 29
3,030 14»s June21
10 112 Jan. 5
3,225
12% June 26
24.137 61% July 31
23,580 75 >4 Feb. 13
6 98 Jan. 8
480 46 Aug.
100 44 Aug.
100 82>s Jan.
13 July

500

week
St.

29%

Low. High

Highest.

6

37%

94

11878
4218

45^4 July 11

114% July

151

5479 July

8

Feb.

84% July 9
5514 Apr. 17
79'9 July 11

11
4078
15

73 14
4378

37% 69 19

119>aJune 7 8212 IO5I2
5978 July 10 25 12 7412
6178 July 10 3078 77

18% July 31
4% 15
1^7,
13% Apr. 16 7
31% Apr. 16 17
3378
87

July 11

40 12

79

eOHApr. 15 45

72%
89
112

Apr. 18

73%
35% 74 14

June 10 51 14 92 lu

June 11
III4 Apr. 15
2378 Jan. 16
131 Feb. 25
20% Apr. 5

85^4 109 14
2I2
1278

80

11%

26)4

130

73 Mch. 20 59% 73
951s July 22 56
84%
105i3jHly25 91 105
52 >s May 8 43 14 60 14
51% Feb. 25 36
59%
95 June 5 81
90
19% Feb. 25 13
24
37 June 15 1979 45

in leading stocks

were as follows:

Paul North- N'rthw. Del. L.
west.
pref.
& West.

pref.

Erie.

CI08.

Aug. 10.. 10012 lOOia'lOO^i
•'
12.. 10013 1001-2 100 H2
"
13.. 100 1310013; 100%
"
14.. 100% 100%' 100%
"
15.. 10034 100%'l0034

10012
10013

"

Clearings.

16..

Gold.

100%
10034

This week 1001a 100 i2ll00% 100%
Prov. w'k 1001a lOOia'ilOOia 100 13
S'ce Jan. 1 10278 10018' 10278 100%

$69,195,000
46,1 40,000 $1,061,500 $1,066,860

The following

are quotations in gold for various coins:
Dimes & ^ dimes.
®$4 89
98 ®
98%
98I4®
Silver 14s and I3S.
Napoleons
3 88 ® 3 92
98%
9414
93 ®
X X Relchmarks. 4 75 a> 4 80 Five francs
Mexican dollars..
89ia®
3 90 ® 4 10
91
X Guilders
English silver
Span'hDoubloons.lS 60 ®15 85
4 75 ® 4 85
Prus. silv. thalers.
Mex. Doubloons.. 15 45 ^15 60
68 ®
70
114ia® 115
Trade dollars
Fine silver barsgs^a®
98%
par.®i4prem. New silver dollars
9979®
Fine gold bars.
par
.

.

10...
12...
13...
14...
15...
16...

18,190
14,870
14,030
12,700
14,625
9,000

25,310
14.635
21,340

11,420
14,810
19,110
1.5,880 11,900
13,110 25,290
8,800j 13,920

18,400
16,150
16,510
17,450
21,750
6,900

7,210
5,750
4,520
5,400
9,450
18,900

—

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 purchasers requiring bills seem to come into the market more hastily
than usual. There was considerable done for the steamers of
Wednesday and Thursday, and on the latter day $500,000 in coin
was shipped. To-day, business was rather slack at 4' 84 J for bankers' sixty-day sterling bills, 489 for demand, and 4-89f@4'90 for
cables, although bankers are reluctant to c^raw, and it is feared
that the supply of cotton bills may be delayed by the yellow
fever.
•In domestic bills the following

were rates on New York at the
Savannah, buying J premium, selling 1 premium; Charleston, depressed, par @ J premium; New
Orleans, commercial 3-16, bank i; St. Louis, par; Chicago, shilling discount and Boston par.
Quotations for foreign exchange are as follows:
undermentioned

cities to-day:

;

Aug.

60 days.

16.

3 days.

Prime bankers' sterling bills on London. 4.84>4®4.85
Good bankers' and prime commercial.. 4.83%®4.84i4

The

total

number

of shares of stock outstanding

is

last line for the purpose of comparison.
The latest railroad earnings and the totals

Antwerp

EARNINGS.

Wceko?Mo;" i8?8"
8. F. 1 St wk Aug $95,500
tt?"*; 19P\^

— ^Jan.l
1878.

1877.

301,256
120 094
18,507

.

.

.

.

.

-

Hamburg

94%®
94%®
94%®
94%®

(reiclmiarks)
Fian'ifort (relchmarks)
Bremen (relchmarks)
Berlin (reichmarks)

given in the

to latest date.-,

1877.

$48,734 $1,923,883 $1,272,547
312,828
128,009
761,810
756,118
Aug
17,068
907,045
519,025
Burl.i.Mo.R.lnN.June.... ..
90 590
70,663
735,081
415,335
Cairo & St. Louis July
1 8,359
^ , ^^.
15,141
121,716
138,882
Central Pacific... July
1,517,000 1,391,867 9,400,363 9,230.572
121218 2,560,892 2,458,888
r£l^ g/.H^'o"-!"'""*"* 121,741
937,734 6,417,791
'•
^ 1"' ^"^ Aug 116,000 119,930 5,021,000 5,472,018
?.K
3,633.692
Chic. ^''v*,^*E. I. A Pac. June
568.217 536,235
Clev.Mt V. & D.July
28,505
24,484
208,766
2'i6',.S64
Dakota Southern June
17 386
17,692
103,730
83,416
Denv.A Rio G... IstwkAug 28,500
16,694
587,620
397,107
Detroit & Milw
July
518,512
451,246
Dubuque&S.Clty.lst wkAug
ii.se!)
„ --,.,„.,
10,890
564,440
432.739
J^rle
May.
...1,172,961 1,234,095 5,872,677 5,777.702
Gal. H. As.Ant.Juue
53,121
529,033
423,452
Grand Rap.& Ind.May
110,25!
93,483
478,010
430,883
Oran<l Trunk .Wk.cnd.Aug. 3
137 817 166,216 5,068,975 5,140,456
Gr'tW,.stor,,.Wk.ci.d.Aug. 9
75 212
75,763 2.688,263 2,4.56,864
111. Cent. (Ill.Une). July ..'...
460098 381,373 2,912,369 2,556,123
50 Iowa lines. JulJ^....
106 059
92,713
854,825
692,086
do 8pringt.div.jmy...
23i5b
111,477
Atl. <fcGt. West. ..June
Atlantic Mlss.d: O.Juno
Bur. C. Rap. & N Ist wk

5.19%®5.1678
5.19%®5.16'8
5.19%®5.1678
40 ® 40%

(francs)

Aiusterdam (guilders)

from Jan. 1 to latest
dates are given below. The statement includes the
gross earnings of all railroads from which returns can be obtained.
The
columns under the heading "Jan. 1 to latest date" furnish
the
gross earnings from Jan. 1 to, and including, the
period raentioned in the second column.
-—Latest earnings reported.

4.82i3®4.83ifl
4.82 ®4.83

Documeii tary commercial

wi. ,.-,•• ,5HT^ 99,075 96.450 97,160 104,950 51,230 123,196
Wholestoek.
1.54.042 122.794!l49.888 215:256i524;000 780 000 494
665

—
—
—
—
—
—
—

—
—
—
—
—
—
—

$4 85

Sovereigns

,

Aug.
"
"
"
"
"

Currency.

$10,721,000 .$2,291,177 $2,303,869
9,1.56,000
856,500
861,256
10,148,000 1,688,000 1,697.420
13,059,000 1,666,416 1,673,771
16,276,000 2,196,238 2,212,112
9,835,000 1,166,350 1,174,307

100%
100% 100%'100% 100%

Lake
Shore.

Gold

Open Low. High

Paclflc.
tJn. Tel.

Balances.

9478
917g
9478
9478

4.89 ®4 89ia
4.88ia®4.89
4.87 ®4.88

4.86Ja®4

87ifl

5.17i«®5.15
5.17ia®5.15

4014®

95%®
95%®
95%®
93%®

40%
95%
95%
95%
95%

Boston Uauhii, The following are the totals of the Boston
banks for a series of weeks past:
Loans.

Specie. L. Tenders. Deposits. Curcnlatlon. Agg. Clear.

May

I

«

t

S

123,5JC,1(X)

4.119,100

May

12i,»32,5C0
12 (,973,200
125,010,400
12i,;64,700
127.030,700
128.621,70)
12t.849,00a
130,700,900
13!, 138,200
130,653,600
181,387,300
131,816,000

3,959,:i03

3,857,600
4,260,200
5.26 >,ij00
5,7.W,100
6,214,200
6,681.a)0
6,675,100
8.917,800

49,316.900
48,893,500

25,099.400
25, 37 J, 100

50,lli5,800

25,44i,;J0O

1878.
29.
27.
June 3.

June
June
June

10.
17.
24.

July 1.
July 8.
July 15.
July 22.
July 29.

Aug.
Aug.

5..
12.

PhUadelphIa

3,418,600
3,211,800
S.890,900
2,877,400
2,633,800
2,451,900
3,488,000
3,3"j3.4C0

3,011,200
2,914,200
3,008,300

5,46t),400

5,282,600
5,511,900
5,89i,100
6,34ii,800

Banks— The

t

51.676,400 S5,5<M,£00
5I,5r2,9C0 25,527,600
52,156,100 25,372,700
52,775 300 25,043,400
53,251,000 25,.161,400
62,285,800 25.339,200
52,095,600 25,297,600
51,569.400 2>,045,500
51.996,700 25, 143, too
51,490,700 2 .,081,200

42,6-4,818
37,395.431
42,181,604
40,871,375
39,188.858
42,626,701
51,5; 3.489

47,130,761
4i,821.118
3;,141,879
37.181,493
33,455,852

totals of the Philadelphia

banks

are as follows
Loans.
1878.
20.
27.

May
May

June
June
Jane
June

S

«

S
11.679,304
13,231,928

3.

57,480,896
57,106,850
57,141,428

10.

57,380,1187

2.000,725
2,002.175
1.957.813
1,948,551

17.
24.
1.

57,542,32.''

1,810,.592

57,104.069
56,906,372
57.417,5^1
57,540,336

l,r99,5S5

.S7,701,^52

2,088,963
2,I22,9S9
2,281,860
2,312,437

July
July 8.
July 15.
July 21.
July 29.
Aug. 5..

Aug.

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

12.

57,582,408
57,836.672
57,314,189

1,89-1,257

2,165,605
8,131,'i77

12,72.3.700

12,777,652
12.674,595
13,168.808
la.726.831
13,617,783
13,800,496
13,413,0n7
13,7.W,039
13,729,614
13,434,151

«

$

«

44,1-39,418

ll,;o'),9io

32,731,581

43,830,40S
4«,9ai,b'9
44,814,241
44,900,053
44,908,901
45,647,430
45,931,7a2
46,419,105
46,082,238

11, 083,7 rt

80,1-26,223
26.8011,606
:19.002.223
31.0117,892

11,069,1110

11,0;0,141
11,049,673
11,006,979
11,001,126

89.1 63,252

11.05^863

33,820,691
3-2,-J6-2,57l

46,127,4-26
46.'.02.675

11,075,562
11,118,080
n,13J,.331
11,1:36.613

45,561,288

11,158,503

29,494,324
26,8J9;13l

30,667,918

30,692.010
2»,8.30,509

ATOUST

THE CHRONICLK

17, 1878.]

BOSTON, PHILADBLPHIA, Bte.-Ooatla««4U

—

5eOT York CItr Banks. The followinf; ntatPmentRhowi the
eondltlna of the A»Boclated BankBof New York City for the week
andlDK at the commencement of business on Aug. 10, 1878 :
AVKRAUI AHOVNT OT
CirculaNet
Legal
Loans auil
CaplUl. Dlscounta.

BAJcms.

Hpticlo.

«

t

Now

S,('BO,OUO

B,t7t,800

BI4,100

1,000,000
2,000.000

6.8W,00a

98l),700

1,»0,000

S.7»,700

331,a00

s.ooo.ooo
1,030.000
Phii'iiix
1,000.003
ClI)*
i,coo,ooo
Tnul(»raon'i.
6JO.0O0
Fulimi
300.000
ChfinUal..
iii»Ejc1i. 1,000,000
lal 1,900,000
(.
;i>V.
600.000
1;
800.000
i'r.
M.
300,000
Grocijwuh
600,000
LeatliiT Manurrs
300,000
Soveiitti Ward..
800,000
Stalf c>r N. York.
Am.riranExch.. 5,000,000
6,000,000
Commerce.
Bromiway ..
1,000,000
1,000,000
MtTfaTitilft.

6,965.S00
a,i24,ooo
4,149.800

1,98^<00

MiTi-hii Ills'

MwlniiilM'
:'nloii

I'.

413,.V)0

North .\merlca,

700,000

3,897.000
3.827,300
1,306.000
1,40S,C00
844,000
2,077,800
894,800
1,677,»00

208,000
282,900
94,000
28,000
10,anO
883.200
87,100

18.0"0,0(IO

968,000
848,400
85,100
156,300
20.600
232,800
101,800
22,400
125,000

BOO, 000
3,000,0011

IrviiiL'

MftropoliUn.

..

600,000
1,0X1,000
1.000,000
1,000,00a
St. Nn-tiola^. ...
Shoo and Leather 1,000.000
1,000,000
Exchange
Citiz- us*
Nas!-;in

....

,

1,788,800
3,349,500
2.923.000
1,234.000
1,670,700
5,0)6,700
1,676.300
12,603,000
1,610,500
1,972,1«1

.

1,«0.000

Contineutal

800,000

Orientiil

400.000
Marino
Imporlore'&Trad l,5CO,0CO
2,000,000
Park
500.000
Mccli. Bkg. Ass'n

Central National.
Second National
Ninth National..
Fir."t National...
Third National..
N. Y. N«t. Exch.
BowiTv National.

300,000
240.000
250,000
100.000
S.S* 0,000
8,000.000
300,000
751,000
600,000
l,00n,0«0
800,000
250,000

NowVi.rkConnty
German .^meric'n

750.000

Grocora'

North River
East Itiver

.

Manners'

Mer.

A

...

Fonrtn National
.

1.37,100
.33,400

470,000
72,600
45,600
134,300
87,100
312,100
93,700
19,900
15,800
115,200
1,161,000

«,S80,liOO

Markit

Com

3-13,100

3,.H7U,40O

l,i'00,000

llaii.'viT

90.i;3O)

17,899.000
4,»f5,800

1,900,000
490,000

:ira

81J.S0O
8P3,S00
«I8,400

I,l69.afl0
9,4S-<,SO0

.iw.'no

aic...

|.

«w,ooa

8,2«,S0a

M

!;•

U8,400

6,3«i,900

Aniirica

Pil.-ill^'

Deposits.

tion.

s

«

S80,()00

11,M8,800

40,000
7.600
98,500
lOI.OCO

ll,6&,i00 3.807,200

3.om,ooo

York. ...
Munlmttan Co.

Tenders.
I

1,95I,J00
3,.^68,0;)ll

3.157,200
3.488,900
1,315,600
2,020,300
15,752,100
10,804,600
631,100
565,600

.302,600

22,100
3,800
S6,;00
17,0t0
1.400

70.3,700

747,100
344,500
12,733,200
7,3S7,000

797..'i00

326,000

1.956,0(10

3.238,300

100.400

8.751,&M

1,2.39,000

4,i'32,000

1,311,700
20,700
13 000

124.100
1,091.700
1,141,100
1,702.600
1.

20,000

205,703

4,780,800
8,83<,S0O
6,348,700
8,191,200
1,0W,400
3,4?l).10O
7,729,200
1,962,000
373,000
6,744,400
8.7«7,0C0
1,930,600
I74,:00
1,311,900
1,062,700
9,704,800
i;871j800
3,251,100
1,009,400
661,800
2 136,900
179,000
976,000
1,048,000
271.000
765,800
1«1,W0
2,031,900
830,700
238,l>30
930,900
612,000
1,789,400
9,278,000
1,063.000
1,5S3,8'0 11,427.000
691,900
3,344.703
3,038,IC0
61-VJOO
93':,fiOJ
2,173,200
248,300
1,037,«00
S.645,000
622,103
1,201,900
328,700
220,000
1,494,300
4,406,400
788,400
2,021,300
618,100
2,792.000 10,850,000
1,624.800
3.30,500
2*^,300
1,756,200
614,800
1,701,800
945,40<3
232,000
36.5,100
2,606,000
415,003
1,896,000
62:.800
2,548,200
153,00)
1,112,700
306,601
1,861,000
3,9:M,300 18,361,600
a,S93,700 12,345,200
143.200
505,500
151.600
517,600
161,200
736,500
115,700
565,900
383,900
89,700
3,244,000 11,662,100
6,201,000
1,133,000
602,000
2.014.000
1.133.600
3,444:300
9,619,000
1,464,000
6,534,900
2,b70,100
161,300
737,100
241,000
830,300
329,700
1,217,400
829,.300
2,101,000
1,7*7,800
8,747,100
l,6a0,«00

I39,(X)0

1,100

230,000
74,3C0

4isb".666

391,000
5,400
444,500
80,300
2,0:6,000
215,001
3,900
260,500
494,500
639,100
4,700
735,100
347, .TO
1,097,700
640,000
302,300

97,200
1,048,80
1,316.000
256,0.10

633,200
45,0C0
798.000
268.500
423,000
180,000

61,623,230 240,220,100 20,407,600 56,285,500 233,432,700 19,189,800

Total

The deviations from returns of previous week are as follows
Loans

Inc. $2,121,900
2,416,830
Inc.

Specie
Legal tenders
•

No

Mn.

28.

4.
11.
18.
25.

June
Jnne

1.

8.

Jos. 15.
Jnn. 22.
txm. 99.
July 6.
July 13.
July 40,
July 27.
•

Aug.
Aug.

3,
10,

I,.

Circulation
|

Tenders.

Deposits. Circulation. Agg. Clear

(

s

19,a38,5O0
19,885,100
19,910,700
19,906,300
19,912,300
19,944,e00
19,959,200
19,982,400
20,021,800
19,998,300
20,033,100
20,014,300
20.005,800
19,911,000
10,979,600
19.984,900

400,609,630
377.110,111
401,592,977
373,731,072

C

i

33,137,900 213,933,400
30,655,900 215,155,900
30,326,200 215,085.100
39,687,500' 29,8a5,700 211.9.38,500
88,767,600 29,425,400 210,378,400
36,620,700 26,637,000 204,663,200
35,486,900 28,666,100 201,926,600
33,936,900 32,186.000 402,063,400
34,933,800 400,875.000
230,8C|l,.50O 3;,585,100
229.936,400 30,051,900 .38,435,300 199,074,000
"
33,612,000 301,038,000
282.030,700 27,469,500
233,122,600 23,030,200 41,020,100 199,686,100
333,997,200 19.827,100 44,023,900 198,985.300
231,049,400 17,001,200 47,218,000 199,867,900
18,801,200 47,816,400 404,271,600
236.132,1-OC
231,(a9.100 17,106.200 49,502,900 205,785,500
234,713,700 15,069,700 52.466,900 20.5,384,100
282,720,200 16,311,900 6.3,996,300 205,965,600
236.516,000 20,420,000 53,606,.300 213,811,700
234,120,100 a>,048,600 55,556,300 J17,411,r00
236,195,500 22,001,600 57,543,!«X) 221,252,100
2.38,636,100 19,695,600 58,409,600 222.133.700
17,990,800 58,610,100 219,978,600
2:i8,096,200
240,220, IOC 20,407,600 56,286JSO0 243,432,700

216,456,200
216,320,800
242,978,900
241,666,700
241,590,900
210,649,100
236,018,400
232.113,400

Bar. 30.
Apr. 6.
Apr. 13.
Apr. 20.
Apr. 27

Bar
May
May
May

Specie.

t

1878.
3.
9.
18.

:

Inc.. $.),154,200
Dec.
83,800

;

Loans.

Mar.
Kar.
Bar.

2,323,600

Net deposits

same as last week.
following are the totals for a series of weeks past:

report

The

Dec.

I

33,326,400
37,116,900
39.545,900

19.!>0<l,900

359,35:3,348

441,442,055
381.415,325
426,180,360
419.201,399
439,625,545
361,572.687
384,688,884
3il ,364,165
339,042,452
374,239,182
390,933,811
361,644,610

MaaaachusettsSB, gold....
Boston 6s, currency
Se.gold
Onlcago sewerage 7b
Munl(.lpal78
„ do
Portland Ss
tch. * TcpckalBt m.78.
do
land grant7B
do
2d7B
do
land Inc. Ba..
Boston a Albany 7b
(s
do
Boston A Lowell 7b

do

Boston 4t Maine 7
Bosion* I.ou'oll 68
boston * Providence
Burl,

ft

78

—

Mo., land grant 7b...

Nob. 6s
do
Neh. S8, 1383 ,.
do
Conn, ft Passumpslc, 7«, 189;
FItchburg KU.,«s
7b
do
Kan. City Top. * W., 7b, lat
7b, Inc.
do
do
BBStern. Mans..aks. new.

VermontftMass.
Boston
jBoBton

Boston
Boston

iisk
iV2
103

ft
ft

ft
ft

Bid. Ask.

25«
106
103

112M iBurllngton ft Mo. In Neb...
jCheshIre preferred
cm. Sandusky ft Cler

20

iConcord
1234 [Connecticut River
Conn.* PaasumpBlc
984e 100
Eastern fMaas.)
lOoKJlOM
BaBtern (New Hampshire}..
FItchburg
iKan. City Top. ft Western..
Manchester ft Lawrence....
i063i 107
Nashua* Lowell
I

England..

125X 125«
75

107« 1U7«
105^
97
SO

»7H
84
4

i3H 13K

no
&3M

112

UOH

108
106
6a, old, reg.
do
do 6s, n., rg., prior to 95 114
do «»,n.,rg.,ia95*over 114M lib
Allegheny County 5s, coup..

Allogliony City Is, reit
Pittsburg 4s, coup., 1913.....
.I",

&

reg.

gold. reg... ...
78,w't'rln,rg.*CD,
6s,

7s, itr.Inip.. reg.,'d3-36*
N. Jersey «8, reg. and coup. .
eitenii>t. rg. &coup.
do
County 6«, coop
City 68, coupon ,
coup,
78, reg.
do
Delaworo ««, coupon
HarrlBburg City Se. coupon .

Bteubenv, * Ind. tat, ta^SM.
Stony Creek 1st m. Is IW7....
Banbury ft Erie Ist m.7s, 17..

i:6H

7s, tO.
••,'•4..

dom.

»:

coi.v. g., r»g.,*M

do mort. gold, 'in....
do cons, in, 7s, rg .^91!

90W

BALTIMORE.
6s, defense, J.ft J.
6b, exempt, 1887 ..
6s, 1890. quarterly.
58, quarterly
do
Baltimore 6b, iS3I, quarterly.

do
do

pref
do
do
Calawlssa
pref
do
new pref
do

,

do
do
do
do
do
do
do

Delaware & Hound Brook....
East Pennsylvania
Elmlra & WllUainsport..
pref..
do
do

&

Hia

m.

Maryland

RAILROAD STOCKS.
Csmden & Atlantic

Lancaster

do

6s,:sS6, J.ftJ
68, 1890, (luarterly.,
68, park, I89U, li.—
68, 1893,

M,*S

6s,exeinpt,'i>3,M.*S.

1900,J.*J
ig04,J.*J

Norfolk water, 88
RAILROAD STOCKS. Psr.
100
Ohio
39
S9H Balt.ft
Wash. Branch. lUO
do
Parkersb'g Br. .50
do
50
Northern Central
47),
...5(1
Weatern Maryland
100
SO
Central Ohio

Huntingdon* Broad Top.,
do
Lehigh Valley

lat

Warren ft F, 1st m,7B,*M
West (boater cons. 7b, tl....
W«stJer>er6s,deb„conp./n
Istm. 6«, CD., 'M. lOS
do
Istm. 7s, 'A
do
Western Penn. KR. 6a,cp.!aM
ta P. B.,-**,
do
OAKAL BOHDS.
Cbesap. * Dela Ist Sa, rg./M
Delaware Division (s, cp.,*)8,
Leblgb N*Tlga.m.,(s, ng.,'M 100
do mort, RR., rg..'«7 104

&

Har. P. Mt. Joy

>mt

V,ft Pottav 7s, 1901

Morris, boat loan, reg., I88S.
Pennaylraola <b, coup., KIO.
108>j Bcbnylk. Nar.lst m.ts,rg,,'*7,
3d m. «a, reg., IW:
do
do *s, boat*car,rK.,l918
do 7s, boat*car.rg.,l9.9
."
Susquehanna 6b, coup., ;9.8

cp., 1913,

Camden
Camden

Bhamukin

pref.

Little SehuyUIll
lllnehlll

Neaquehoning Valley
Norrlstown
Northern Pacific, pref
North PonUBylvanla

Pittsburg ft ConnellBVllle..50
40
RAILROAD ROND8.
Pennsylvania
82« 32K Balt.ft
Ohlo68, 1880. J.4J..., 102
Phllanelphia* Erie,...
68, 18S5. AftO.
do
10«
Pnlladeli)hla& Kead ng
17M
W.
Va. 8d m..guar.,'85,JftJ 95
N.
Trenton
Philadelphia*
Conneirsv.".8.'98,.IftJ 94H
_.
Plttsb.*
Phlla.Wilmlng. * Haltlmore.
6s, '85, JftJ loa
Central
Northern
Plttaburg ritu8V. * Buff
3H 4
6s, 1900, A,ftO,ii()X
do
Companies
127
X.
J.
United
12«H
do 68, gld, 1900. J,&J,| uiw
~
West Chester consol. pref....
Cen.Ohlo6s, l8tm.,'90,M.4S. West Jersey
W.Md.6s,l8tm.,gr.,'90,J.ftJ.
CANAL STOCKS.
1st m., 1890, J.ft J...
do
Chesapeake* Delaware
do 2dm. .guar., J.* J

1^

.

—

Delaw.re Division
Lehigh Navigation
Morris
do pref
Peansylvanla
Schuylkill Navigation
pref..
do
Busqnehiinna
RAILROAD BONDS.
Allegheny Vai.,7 3-108,189« ..
78,E.clt.,19IO
Jo
Inc. 78, end., *91,
do

do 2d m., pref
do '2dm.,gr. by W.CO.J&J
do Cs. yd in., guar., J.* J.
Mar. ft Cin. 78, '92. K. i A...
2d, M.ft N
do
89,3d,J.ftJ
8« ColondoRB. Ist, guar., J. ft J.,
Canton endorsed.
do
MISCKLLANBOUS.

18« 18M

.

m

People's Saa

CINCINNATI.

Belvldere Dela. 1st m.,6B,19«!. 104Ji
2d m. 68. '81.. 102
rto

3dm.

do

Camden *Amboy
Cam.

68, '^7..

94)^
1 01 >» 103

68,coup,'33

68, coup., '89
68, '89

do
do

mort.

102
109^1

.vtl.lstm,78,g.,19ffl

ft

2dm., 78, cur., '80
do
Cam. * Burlington Co. 68 '97.
conv.,
CatawlBsa
chat, m., 10s,
do
Ist, Ts,

'82.

.

'8S ..

new78 1890
do
Connecting 68, W0O-I9M......
Dan. H.ft Wllk6.,l8t.,7s, '37.'
Delaware mort., 6s, various.
Del.

Bound

ft

t

93

7s
T
do
7-308
t
do
South. KR. 7a0B.t
do
do 6s, gold f
do
Hamilton Co., O., 6s. long., .t
7b. I to 5yr8..t
do
7 4 7-30B,fong.t
do
Cln.ft Cot. Bridge st'k, pref.
106H CIn. Ham. * D. Ist m. Is, '80
2dm. 7b, '85.
do

103
106

m.

78,

gold,

Little 5llaml 68, 'f3

Ham. ft Dayton atock.
Columbus ft ."Coula stock...

CIn.

do

Dayton * MIohlgan stock..
8. PC. st'k,gu»r
do

reg., 1893...
2 1 m.,78, reg., 1910,
con. m.,6s,rg., 1923

do

North. Penn.

Ist

6b,'

liOlTISVILLB,

7s,'l-2

cp,,'85,

*2d m.78,ep..'y6,
do
do gen. m.7B, cp., liiU3
do gen. m.78, reg., 19W
Oil Creek ist m. 78, coup.,'8!,
Wttsb. Tllusv. * B., 7b, cp.,'96
scrip
do

107

'uOUlSTllle 78

113K

»8, '97 to •93
t
water 68,'87 to "S* t

75

ft Erie Ist ni 68, cp..'8i
2d m, 78. CP..88, 101
do
Phlla.* Kead. istm.Sa, 43-'i4. 104

water stock

do
do
do
do
do
do
do
do
do
do
do
do

do

'2dm.,7s, rp„'93
deben., cp., '93«

do

cps. off

scrip, 1832.

ln.m.78, cp,1896

Jeff.

• In

2dm. ,7s
ist in. ,7s, 1906..jjt

LonlsT. C.ft Lex. 1st m. 7b,'97,
ex past-duo c upons.......» 103W
Louis.* Fr'k.,LonlBY.ln,6a,'8
LonlBT. ft Naahvllle-

104K

Leb. Br, «B, 96- -v-y,;-.!-!
Ist m. Leb. llr. Ex.,7B,'»S8.t
(SB. M.
do
Lou. In.
lOON
Consol. istm. .8,

^

JoIIorson -Mad. ft Ind, stock.
Louisville* Nashville stock.

ST. 1.0 13 IS.
8t.LouU »B,lOng
do
do

!

—

do
do
00

at.

t

»a.er6,goM

t
f

new.f
bridge aopr..g. tat

do

do

renewal, fold, M.t

sewer, g. fc, ti*i.\
Louis Co. new park,g.to.t

do

C*

default of Intere't.

M.*l.l8tm. (I«M) 7B,'8lt

do
do

cons. m. ^s, cp.,19i .. 103
conB. m. 7b, rg..I9'.l.. 103M
cons.m.68,g3.19U
conv. 78, 1898'
7b, coup, off, '93

scrip, 18S2
L deb. 7b,
Ptalla.* licad.

(s,'97.t

wharf 6s
spec'l tax 6s of '9».t
Louisville Water i*. Co. 1907 +

do

.

'48-.49.

t

6s,'82to'87

105

105H

Pa.*N.Y.O.* BB.78,'%-1906. IISH
Pennsylv., Ist m., 68, cp., '80.. 104
gen. m. 68, cp.. 1910
do
gen. m. 6s, rg., 1910.
do

Phlla.

Miami stock

Little

p„19.3

m.

m.6B,

'81.

.

.

Little Schuylkill, 1st

104

41 m.78, '84.
do
33 m. 7b, '83.
do
Dayton ft West. Istm., '81...
I8t m., 19U5
do
Istm. (8,1905
do
Ind. CIn. * Laf. ;8t m.7B...^
(I.ftC.) IBtm.7s,'88
do

*

do
do
do
do

H4
»5
lOOhi

Ind., 78, guar...

Dayton* Mich. Istm. 7b.

Sdm.cons. 7s, 'gs"
Athena Ist g d. Is. ,'90
Junction 18t mort. 6^, *82.
2d mort. 68. 1900
do
L. Sup.

Ham. *

lOOX

CIn.* Indiana lat m. is
2d in.78, '77..
do
Colum. * Xenia, Ist m. 7b, '90

mort. 78, '88 ,.
EastPenn.
E1.& W'mBport, let m.,7B,'S0.
58, perp
do
Harrlsburg Ist mort. 6s, '33
'90,
H. ft 11. T. Ist m. 78, gold, '93,
2d

Clnclnnaties

CIn.

Br., 1st, 7s. 1905

Ist

do
do

lOS

Baltimore (3aa certlttcates...

cons.m, 6^
do
cons.m.6B.
do
Navy Yard
do
Perklomen 1st in. Ss. coup., 'in

57
,..

Lowel'
Maine,
Providence

* New

111

Ptallodelphla.Sareg

do
do
db
do

1892.8

Phlla.Wllin.ftllall. SB, 'U ..
Pitta, CIn, ft Ht, Loula 7b, 1900

rg., 1905
cp„ 1905,
68, rg.'il

10'

l<U.,6a....

Albany

iKew Voric

cur.,rcg ..^ ..^^

Miss.; 1st m., 7«, g.'
Lehigh Valley, lst,68, cp.. 1896

Atchhon * Topeka

lOS
91

R'd, Int., reg. or cp.

5a, new,rcg.,18W-H0J
»«, 10-15, reg., i<n-;w,
6a, ItSS, reg., 188»-'9a.
6i, In. Plane, reg.,1g79

376,809,115
354.707,264
353,322,472
414,140,015
355,692,070

STOCK.-*.

10««

5s,
5»,

Aak.

7b, eps.off

do scrip, l>W2
do mort., 78,

Union ft Tltusv,

STATB AND CITY BOKD8.
do
do
do
do
do

Phll.AK.Cftl deb.

Bid.

United N.J, conB. m.

I9,t2-',10.3

t

Vermont ss

BIN

PHILADELPHIA.

Ithacaft

tiartford* Erie 78, new... ..
>gdenBburg * Lake Ch.88..
Old Colony, 7s
«B
do
Omaha * S. Western, 8s ....
Pueblo * Ark. Valley, IB....
Kutland Ss.lBt mort
Verm'tC. ist m.,7B
'Vermont ft Canada, new 88.

SB

118

Vermont A M»M«ehui«tU.
Worcester A Nashua

;353,.550.23l

SXOtiRITiaS.

BOSTON.
Maine 68
B«w Hampshire

Uutlai.d.prcrorred

:349,4C3.759

dUOTATIONS IN BOSTON. PfllLADELPHIA AND OTHER UIuls.
•OCBITtCS.

Northern of New Ilainpsbire
Norwich A WorcoHter
egdenib. A L. Champlain ...
pral..
do
I02« 103
Old Colony
84
Portland Baco A Portamouth
48
Puolilo ft Ar»«n«a«

19.934.200
19,823,900

19,405,100
19.078,600
19,273,600
19,189.800

IBOVBITIBt.

Bid.

Penna.
6)9,400
414.000
267,000
198,000
2,700
278,000
82,100
45,000
197.000
1,778,200
883,700
179,£03

107

cur. 7s

And tntereet.

t

THE CHRONICLK

168

[Vol. XXVIl.

NEW YORK.

QUOTATIONS OF STOCKS AND B'JNDS IN
Bonds and

U- S.

Prices represent the per cent value, wluitever the par

Sailroad Stocks are, quotei on a previous page.

active

may

be.

Bid.

Ask.

STATE BONDS.
SKOUBITIKB.

Bid.

"IF

Uaovna

Si, 18S9

do
do
do
do
do
do

M, 18M

8lOft8K

VO

10

siof tan

SO
SO
8
3
3
8
3
108

8t,<9M

»

8i.lS83

8«,M.*B.KB..
Dl.AU. *Cll.U.

:». U.

do
do

&

R.

lu

Ft. S.

A L.R.
B.*N.O

.Memphis

t3

J«.L. .S.T.

do 7s, .MIM. O. & R. B.
do n. Ark. Cent. RR...

Connecticut
e«orKlft *8

do

78,
7s,

f

99J< 101

new bonds

107X

endorsed. ...
7s.go)d bonds...

do
do

coupon,
do War loan
Kentucky fe

1879.

Illinois Si.

MlBBonrl

I0«

;o8«

107
101

.

100
100

do
do 1875

09

188:1 or '83.
do
do
1386..
18<7..
do
1833.
do
do
1889 or 'SJ..
Asylum or Un.,due 189^..
Funding, due 18M-5.
Han. ft St. Job., due 1886.
do
do I!i17..
.

.

Mmuroad Mackit.

Kens,

Burl. C. Kap. k Northern.
Central Pacinc
Chlcigoft Alton
pref
do

City.

24

7M< so«
8>»

.

4
63

Hwlem

Chlrjwo
Kansas Pacific
.lolletft

Long

do

Clevo.

158H

Mlo«lss'npi,pref
Pitts. Ft. W. & Ch., guar.,

do

C.

ntlscel'ons Stocks,
Pa^. Tel

.

1

pref.

/-'jrcfiuiioe

Boston a.
do

a

IJt

40

Railroad Bonds,.
JYicet.)

68, 1917, reglst'd
^ . j ., ist m., '90
do
do 1st consol..
do
do
tiBseated.

n2?<

nsH

U07
jiosM 108J^

Central of

ii'i

181
71

'w

Chic,

101

101

108«

m

N. West sink, fd
do
Int. bonds,
do
consol. bd6
ft

.

do
ext'n bds..
do
1st mort..
do
cp.gld.bds.
do
reg. do
Iowa Midland, ist m. 8a
Galena ft Chicago Ext
Peninsula
Chic,

VtS

con8ol.8lnk.fd
^d

"'o

.^.

ft

ist

100

107
98

Mllw.. Ist mort.
1st

m

2d mort.
•.r.y, ..?"..
C.C.C.*lnd'sl8tm.7s,SK.

I10>ii

with coup.

(to

do

c.fB.

Ist m.. 6s, 1596

.do

wlih coup.ctfs.

do Ist, 7b, Leaveu.br.,*9o
do
with coup clfs,
do lsl,7«,R.ftl..O.I)'d.'99
do
with coup. ctfs..
do 1st m.. 7b, I'd gr., '80.
do
with coup. ctfs
do Inc. cp. No. 1, 01^1918
do Inc. cp. No. 16 on 1916
Pennsylvania Rli—

W.

Chic, Istm.

ft

do
do

Col.

do

9««

St. L. ft

do
Alton
do
o „ in
Belleville

St. L.

105
lis

Tol. Peoria

90

2d mort
Og.. con. 1st

Iron Mountain,

do
do
do

do
ft

do

....

120

971^
97>s
OOJS

,

50
do
do

do

extended.
coup, la, ISM
tit

do
do

D...
Kens,

J2

.d do
8d do
'"«'^'>n«. gu«'

ft Baraloira. lit

en

* I'rioe

nominal.

m.
2d m.
mort
1st

68. 1878-'89

'.'9

1071i

.2dm.

,

Inc. 78.

ft

ft

ft

Hock

V. 1st

do
do

Hemphia bondi C

45

Ronds A and B
Endorsed, M. ft

103
112,'i

72H

m

7s, 38 years'

Ist 7b, 10 years,

2d 7b, 20 years,
Connecticut Valley 78 .....
Connecticut Western lat 78
Dan. Urb. Bl.&P. Istm. 7b, g'

funded
Montgomery, new

85
39

81
35
tlOl

lOlx

HOI

lOlJi

New

6b,

Montclair

6. L.lst ;r, (new/
do 2dm. Vs (olim., lata)...
Mo. K.ft Tex. Ist 78, g., 1904-'06
2d m. Income...
„ . do
N. J. Midland 1st 78, gold
«. Y. Elevated UR., Ist
N. Y. ft Osw. Mid. 1st
do recelv's ctfs.Oabori

2dmort.lnc'me

ft 8. Ill.R. let m. 8e
ft
1st K.D

Warsaw,
do
W. D.

accrued interest.

ft

m

Richmond
Savennah
7s,

88« Omaha
74
90
74
13

37

do

do

(other)

ft Southwestern RR. Ss
(Jswego A Home 78, guar
"
Peoria PekIn ft J. IbT mort
Pulhnan Palace Car Co. stock'

2°. ..bds., 8s, «h series
o.
.
St. L. ft I. Mt. (Ark. Br.) 7s, g.
St. L. ft San F., 2d in., class A.

do

do
*°

class B
«'««» C.
,
o. L.ftSo'east
. ^^'',
St.
. con8.7s,gold,'94
St. Louis Vandalla ft T. H. lat.

do
2d guar
Sandnaky Mans, ft Newark ;s
South Side. L. 1., Ist m. bonds'
o
.J*"
Southern

sink. fund..
w
Minn, lat mon.

7b,
_ , „ do
Tol.Can.
s.ft Det

JMo

price to-day

j

88

1st

lat 7b.

g

.

58

old

8B,gold

I
{

RAILROADS.

99
90
4S
20

Ala. ft

Chan. 1st

in.

Stock
Charlotte Col. ft A. Ist 78.
Cheraw ft Darlington 8s..
Bast Tenn. & Georgia 68..
E. Tonn.&Va. 6E.end.Tenn
B. Tenn. Va. ft Ga. lu. 7B.

Stock
Georgia RR. 7b

55
87

fc6

5
27
20
113
86
•16
73

91«
CW
43
25
20
25
100

70
85
SS
80
87
98
42

55
77
65
75

85
8&
40>

95
1U5
102

104

tiO

«5

fiO

65

on.

Ss.end

85

8
20
88

60

VO
40

'30

35

lOJ

107

50

5&

70
1C5

73i

85

"s»

90
;oi

101

95

40
11,5

6s

^tock
Greenville
78.

92
84
84
72
70
65
19

ft

Auguataboads..

2d endorsed

I

stock
.Memphis
2d78

ft

Cha'eton

Isl 7b

i-tock

\

ft Little Rock 1st
iMlssfsslppl Cent. Ist m. 7s

jMemph.
I

i

90
I

ibojs

Col. 7a, Ist m.

guar

Macon

:oi
60

ft

2d mort.Sa
2d mcrt., ex coupons....
Miss, ft Tenn. Ist m.8s, A.
1st mort.. Ss,B
Mobile ft Ohio sterling 8b
Sterling ex cert. 68
8s, Interest

2d mort. Ss
ft Jacks, lat m. 8s.
Certificate, 2d mort 8b.
Nashville Chat, ft St. L. 7s
Nashville ft Decatur 1st 7s
'«!« Norfolk ft Peterab.lst Jia

J1H

N.o.

100
107
87), 88

'22

coup

Receiver's Cert's (var's)
Atlantic ft Gulf, conaol..
Consol., end. by Savan'h
Carolina Cent. 1st m. 6a,g.
Cent. Georgia consol.m. (S

105

98
104
102
100

45
29
90
90
32
40

5b

new

Wllm'ton,N.C.,6s,g.

102

20

68

7s,

75
log
111
lis

20'
36.

Norfolk lis
Petersburg 68

'25
P5

195
91
65
103

'

. .

95
05
SO
28
28

Hxllroad, 6s
AVharf improvem'ts, 7-30

18

3
38

"«0

38

Orleans prem.
Con8oUdated6s

no^ niH

'if'

98
97
52

new

New

.

do
2dm.. 78. g.!
Michigan Air Line ss, 1890..

98
102

e^ashvllle 68, old...

t;i04<

1

48

im

6s,

95

B5
21

RR.

C.

MoblIe58 (coups, on)
Ss (counoi 8 on)

iVd

62

70
46

Carolina con. 6s (good;.
S)
Rejected (best sort) ..
05
Texas «8, 1892
M.ftS. tl02
78, gold, 189M910..J.&J. tllOH
78, gold. 1904
J.&J. tna
108, pension, 1894.. J.&J. t:oi
S.

tioa

mort", 68

43H
100

,

Georgia

ioi

T. H.,l8t
2d mort., pref..

And

A..

....

C

111
80
70
107

40
101

Denver Pac, Ist m.78, ld.gr.,g.
lOiH, Denver ft Illo Grande 7a. gold
62
Detroit ft Bay City 8s, end
t70
106
Brie
ft Pittsburgh 1st 78.
108J<
99
,105
do
con. m., 78..
80
lOaJi I02«
do
78, equip...
„
101
Evanavllle ft Crawfordav., ,a
ibi
Bvansvllle Hen. ft Nashv. 78."
90
41
Evanavllle, T. H. ft Chic 78. g.
48
Flint ft Pore M. Sa.Land grant
•ts
85
Fort W., Jackson ft Sag. 88, 89
Grand K.& Ind. Ist 78,Tg., gu. '94
lui>
do
ist'.s, 1. g., notgu.
84
do
lEtexl.g.,a.
50
Grand
River Valley ?s, ist m
88)i
t-100
t30
Houston ft Gt. North. Ist is.g
65
j"
HnilD ft
lb Texas
Tavaa C.
n 1st
tn,-«
;30
Hous.
"s, gold
00
do
We3t. div
73
do
Waco
65H
78
do
consol. bds"
65
Indianapolis ft St. Louis Ist 7s
60
Indlanap. ft Vljiceu. I6t7s, gr
82
16
International iTexaa) :stg ..
58
ilnt. H. & G. N.conv. 88
10
118
Iowa Falls ft Sioux C. 1st 78
tss
115
Jackson Lana. ft Sag. 88, latin fl02
:,3
Kal. Allegan, ft G. R. Ss, gr .
91
111
Kalamazoo ft South H. 88, gr. t70
tl05
Kansas City ft Cameron iCa
tl03
42«
Keokuk ft Uea Moines lat 7s.
74
do
funded Int. ie
SO
Long Island RR., let mort. ..
96
;o4« Loniav. ft Nashv. cons. m. 78
106

do
2d mort.. '93
do Ex ft Nov.,'77,couB
Qnlncy ft Toledo. Ist m., '90.
do ex mat. ft Nov.,'n,cou.
nUnolB ft So. Iowa, Ist mort
do
ex coupon
Han. ft Cent. Missouri, 1st m
Pekin Llnc'lnft Dec't'r,lst m
t

107

tlllw il2

Mien. L. Sh. lat Sa. '89
S'thwe8tern78, guar
ICIn. Lafayette ft Chic. 1st

103>»

.

114

-^

8s

111. 1st

do

iM^'ioew

.

AibsSyftSus^kJ'or

East.

ft

'

Col.

(to
con. convert
„ do Ex. Aug.,'78,4 prey's
Great Western, iBt m., I888..
do
ex conpon

18(1

Chlc.

98J4'!Chlc
97^4 .Chtc.
...

Warsaw

g.

gold.

7b,

ft St.

Illln
nofa Grand Trunk.
'Chicago* Iowa R. 3B....j.Si
jChlc. ft Can. South iBtni.g. 78.

7SJi

'

DeL4kHn4.Canal, 1st m.,'8i

2am.

6a,

Paul 8b .... ^
Carthage & Bur. 8s
104M Olxon Peoria & Han. Ss..
i:8>s O. O. ft Fox H. Valley 88.

:^

10i»i
do Bur. Dlv.
consol. m. bds
84X
do 2d mort..
ft West., ad m.
107)i -do
do consol. 7s
do
7B,conv. 103
105
ToL ft Wabash. iBt m. extend.
do mcrt.. .e, 1907 106
do ex coupon
BrrJlngh.4N.T.:i.t.!s 10»«
do iBtm.St.L. dlv. . ...
Morris ft Kaaex, isl. m
118
do ex-matured coup....
do
2d mort.
losn
do 2d mort
do
bonds, 1900,
do Ex ft Nov.,'77, conpl vai
do
conatruct'n
do
eaulp'l bonus
do . 7s, of 1871

do

Del. Lack,

tI05

175
175
104
tl05

H5

60
40

STATES.

1051.J

i

C,

do

Logansnort 78...;
So. Br ,6s. g..

ft

B,5j

tiom

i

2dm.
8dm.

ft Pitts., oonaoL. s.f.
lio
4th mort
Chic, ft Ind.
Ist mort

Rome Watert'n ft

iiie

100
85

.

Cleve.

98)4

103

mort

Income. 78.
IstCaron'tB

do
do

107
iio

2d

South Pac. of Mo., Ist m
Kansas Pac, Ist m.. Ga. 1895..

Pitts, ft.

85M

106

m., conv'

Wlnonaft st.P

.

120

81

I'n. Pacific,

.\Iacon bonds, 78

Bar. 4 Mo. Rlv., land m. 7b
do
convert 8a. var. her.
lUiil
lllgi Calroft Fulton, 1st 7s, gold...
California Pac. RR.. 7a, gold

ft

HUH

S09i

(Brokers' (^nnt'itions.)

RAILROADS.

Atchison ft P. Peiik. 68, gold.
Boston ft N. Y. Air Line. 1st m

tl04^-,105

consolidated
2d do
lat Spring, dlv..

do
do
do

do
do conv.
00
asBcmed.
73
,. i?2
Lehigh
ft W.B.con«uar
SS
do
do asBdutcd.
40
Am. Dock ft Imp. bonds 50
'ssented.
46
r^SS.. ^^ ''P
Cli Jf ll.ft St.P.:st m.58,P.D
118^
do
Mm. 7 310, do 103 iOB
do
1st 7s, tg .U.D 100
10.3
do
Istm., LaCJ)
106J« 108
lstm.,l.*M...
iBtm., 1. ftU.
lBtm.,H. ftD.
iBtm., c. ftM.

..

/aclfio R. of Mo., 1st mort..

30

Columbia 3-65», I9;4.
do
small
do
registered

-

Quincy

54H

deferred bonds

I

Keokuk

coup.,
reg...

do San Joaquin branch
do Cal. ft Oregon Ist
do StHte Aid bonds
do Land Grant bonde.
Western Pacific bonds
Southern Pac. of Cal.. 1st m.
Union Pacific, 1st mort. b'de
do
Land grants, 78.
do
Sinking fund...

112

."'?.

do
do
do
do
do

78,
7b.

ei matured coup

Alabama new consols.

tuo

.

1885-93

Central of Iowa Istm.
lui
104
117

Pacific RailroadsCentral Pacific gold bonds.

ma

consol. m. 76
Ssslnk.funl

do

do
do
do

mn

68,19:7,coapon....

mort.

Ist

S'orth Missouri, 1st mort
Ohio ft AllSB., consol. sink. fd.

trie, Ist m..

CJi.Bk.I.*P..i.f.inc.68,'»5.

South., Ist guar..

Harlem,
do

26
guar. ...
35
Bnr. C. K ft North., let Ss.
71
Mlna.ft St. L., let Is gua
S86
Chesa. ft Uhlc 68. let m..
t27
"I"
er couc
CUcago ft Alton let mort. li*
do
Income.
Jollet ft Chlcago,lBt m. tio»
La. ft Mo., 1st m., guar.
too
8t.L.Jack.ft Chlc.lst ni. J107H
Chic. Bur .ft Q. 8 p.c.lstm iii«

do
do

7s, 1902....

HI
70
51

"

West Wisconsin 68,g.,new
do
do
I. gr., 7s...
Soath'n Securltie».{

106

t;o7Si

68, various
Indianapolis 7-30s

"''

•21
'il

consol. bonds

mm

tide

new bds

new bonds..
State Line 7s

Erie,

6a, 1883
68, 1887
6B, real estate.,
6s, subscription,
ft Hudson, ist m., coup
do
do
ist m., res
Hudson R. ^s, 2d m., s.f., 188S

Canada

Berles..

1566
188-

Long Island City
t-....
96
CITIES.
Newark City 78 long
tl07 108
Atlanta, Ga., 78
do
Watens, long,...
8a
110^ Oswego 78
tlOi,)i v>m
Waterworks
11 IMS Poughkeepsle Water
tllO
lU>i Augusta, Ga. ,7b, bonds..,
Rochester C. Water bds., 1303. tlllS4 113
Charleston stock 68
Toledo 8s. I889-'94
tl06 L...
Charleston. S. C, 78, F. L.
104«
Toledo :-308
98
Colmnbus, Ga., 78, bonds.
.... IIIOJ0-; Tonkers
Water.due 1903
Lynchburg 6b
iiiwiia^i

do
do
do
do

1«

103
109
9S

.

Hartford

no

Istm. $8. 882, s.f. 111
equipment bonds.
Jersey Southern 1st m. 7a

New

48

Ontario Silver Mining..
(StocK

Ash., old

^

Detroit Water Works 78
Elizabeth City, 1880-1903

S. T. Central

Pennsylvania Coal
Spring .Mountain Coal...

M&rlposaL. ft M. Co
do
do

ft

109M

76, river Improvem't
Cleveland 7s, long

do

do
do

lf«

Cmnton Co., Baltimore.
American Coal
OonBolldat'n Coal of Md.
Onmberland Coal ft Iron
Maryland Coat

&

Mich. Cent., consol.

27

Am. District Telegraph..

ft

reg
Kilst.

do

lU7Hi

do

Union

111

Tel., 19uu,cp..,

do

CITIES.

89k

new

new bonds,

D. of

(.Brokers^ (Quotations,)

:102

Kalamazoo ft W. Pigeon, Ist
Det. Mon. ft Tol.Jst 7s, 1906
Lake Shore Dlv. bonds
do
Cons, coup., Ist.
do
Cons, reg., Ist..
111^
Cons, coup., 2d.. 103
do
do
Cons, reg., 2d
1U3
Marietta ft Cln. 1st mort
'"'.

.

4

United S.J. R.
ft

1083i

1st mort..

do

Buffalo
Buffalo

H

Alton *T.H....

do
do
pref.
Bellevll'.e& So. IlL.pref.
Bt. L. I. Mt & Southern...
8t.L. K. C. A Xortli'n.pref
Terre Haute A Ind'polts
Atlantic

109Si

new.

68,
68.

Ss.conaol., 2d series
68,

1

niscellaneons

:ior)

new bonds

Cleve. P'vllle

.

J

Albany, N. Y., 6s, long
imt iVoH Buffalo Water, long.,,
!07
no Chicago 68 long dates
97X vrn
do
ts, aewerage
do
7s. water

.

Tol. sinking fund.

ft

do

special.

ReniMelaer A Saratoga
Rome Watertown & Og,
Et. Louis

W.,

..,,

35

STOCKS AND BONDS.

do

I

107

Ss,
68,
Ss,
»s,

Ohli68.188t

-

A

do

115

10»«..

do
do

Class-.:
Class a

Weetern Union

. .

O..

3214
...

68,old

V.rglnlaSs. old

*o

A.

do
do

]niS0X:i,L,AIVEOi;S

do
do
2d mort.
Lake ShoreMich S. ft N. Ind., S.F., 7 p.c.

Missouri Kansas A Texas.
ITew Tork Elevated Rl{..
N. T. New Haven A Hart.

Ohio

ft

do

II

70
70
50
SO

as
40
40

J. & J
A.& O....

Son-fundable bonds

Tmnesaee

18118

a

<4
a?
'i~

1866

of 1838

78

:4%

866

Special tax. Class

103« 104
lOSJi 104

Bnff. N. Y. ft E, lBt,m.,1916...
Han. & St. Jo., 86, conv. mort.

Indlanap. Bl.

Island

act,

& Oct
Fondln? act,
Land C, 1539,
Land C, 1839,

'93-1

April

iS)
120
120

4

A.

off,

do

1031.4

1st i-e<.

113

.

do

65,1886

R-iode Island 68, cp.,
S.>uth Carolina Is
Jan. A July

113

.

.

Ending

idiH

103
106

.

Central—
Dubuque A Sioux CIty.lst m.
do
do
2d dlr.
Cedar F. ft Minn., Ist mort..

138
100

gold, reg....l88T..
do coup.. :SS7.

:Cew bonds, J.

Illinois

Erie pref

58,
68,
68,
68
58,
68,

iOlH

M

"84
102

CleTe. Col. Cln. kl
Cleve. A Pittsburg, guar..
Col. CMC. A I Cent

Dubuque A Sioux

Saratoga,

ft

103

do
do 78, 1819
do 3d do
78, 1833
do 4th do 7s, 1830
5th
do 76,1888
do
do 7s, cons., mort., g'd bds
do Long Dock bonds

81
24

Canal Loan, 1878..

do

Erie, let mort., extended

(Active preri'usly ijuoCd.)

is,

S.C.KIi
J.ft.I
do
.. ..A.40
do coup, off, J. & J...

ibb

do
do
do
do
do

SBCUKITIKB.

Ohio

do loan..
do
do
1S91
I89J.
do do
do
do .1893..
^forth CarolinaSB, old. J.&.I
do
A.4 O

nn
71

70X

63, :S7S-79
6s, 1883
78, 1890
6b, due 1878

RAILROAD AND
Albany & Susquehanna...

....

85

88,of 1910
78, consolidated
T8,Bmall

do
do
Michigan
do
do

Penitentiary....
...
levee

BsotTBrrrBB.

New York State-

50
50
50
50
60
DO
50

new.
68,new float*gdebt,
7s,
66,
3s,
bs,

Ask.

Bid.

6b.
6b,

00
do
do
do
do
do
do

4S
43
43

Ark!ic*a>CSLfunded

do

Louisiana

aoa
9

24
88
6
34
25
113)i

«3
35
75
93

^H
22
36
:02
76

101
lUS

100

84
do'

60
45
15
102
98

9.)

'.!d8,6B.

3d8,8s
4thB,8»

Richm'd

'iV

108

lBtmurt.7B

si
65
«&
sa
20
108.

103

10«S
101
101

96

105

00
88
09
"l2

ft

Rich. Fred,

Peter8b.lBt7B..
ft

Potomac

6s.

mort.7e
RIch.ft Danv. Ist conBOl.6s
Southwest..Ga .conv 7b, '86
Southweatero. Ga., atock
Carolina Rli. let m.

7a..

78,1902

non mort
savannah ft Char.lsl m.

95
90
95
70
100
FO
12

72
101

8S

SO

78,

7s

"K

ft Sav. 6s, end.
Ala., 1st mort. 8b.. ..
2d m.8s, guar

106
104

Cha'ston

West

96

PAST DCTE COUPONS

37
91

Tennessee state coupons..
South Carolina consol. ...
Virginia coupons

these a.e latest quotatloua

IOC

2d mort. 88
Northeast., S.C, ist m. 8b
2d mort. 8b
Orange ftAlex'drla. 18ts,6s

3.

46

lOU
83

99
1(0
99
94

m

6

US
80
5
88

Conrol.

coii[>

MemphiB City coupons...
made tola week

30

io

40
tU8)ft.

U'6

15

2S

4(1

..**

15

78
HI)

80
40

AiXJtmT

CHRONIC

TllJi

1878.]

17,

NEW YORK LOCAL
B«nk
Capital.

CniirAX>i>.

Ii^i ;i,*l<Hl,fM)0

1

1-... .-^;!

1

'

•

i

.1

.

4
.V

'

A

UroA'lwiiv
BUlClK-r. *

,t

11:

4

Cootml

Chw

OhUhuui

7
18

.1

H. .;i.iii*ly

Clllioni'

J.

I'HI

City
CoicineroM ...
Conllirniiil
CoraKicii'gi''

•!•*!•

.11

lllh Ward-...
H
Fifth
KUlli Av..>unf. Inn
1

;

1

i

)i

13.00(1

I.4J.

1

41".0'-0

«-J.

In,i,ii(|.l

145,000

..HI

1

.

1

.1

1

.'.un

1

i,„,

II

:,,

:

1

1

H M

10

18
10

oiltilu...

1.-'

li

:i-i

0«nn«n Am
U«naan Kxch.•

--.Si.
Mny.
May.
M,&>J.

Germau'R*
Gtecnwl. hV
crand C'riitral*
.

.'KX).I.4 J.
•^m 1.* J.
"•' t * J.

i.rocere'

Hanover
lup.jb Triider.-.

,t.i.

*

•laoaOiiy''.
.QiitherMtiuuf
>Jailli«tt«:iV

.

.1(1

Manuf. * M-r.-

Markut
Mechaoica'

Mcch. Assoc'n.

100,000
4(10.000

II III

i.mxi.ooo

25 tS.OW.OOO
50 500,000
25 BOO.OOO

100 SBO.OOO
Metropolitan .. ino 3,000,000
Murray Hill'.. 100 100,000
Naaaati"
100 l.OOO.&O
.

NowYori-

S.y. County..

1011 3,ooo,ab<)
10(1
200,000

K. V. N. Excll. too
Nluih
100
No. America".. 70

800,000
750,000
700,000
840,000
flfl
!» 800,000
50 422,700
1002,000,000
2Sl 412.500
20 1,0(XI.I100
100 200.1)00
100 1,5(KI.II0'1

North

lilver*.
iirlental-

I'eoples'*

Bepoblic

1

-.OoO.lHX) 1,103.000 r.

....

loii

Wech-lcii * Tr.
Mfrcaiitlle
100' 1,000,000
Mrrcliant*'. ... 50,2,000,000
Mercliams' Ex. 50 1,000,000

Metropdila-.

"

••

10,100

.J.

*

J.
J

4

J.

4A

887.100 .1.4 J.
8«5.70O .1.4 J.
8t,80O M.4N.
8y.20O M.4N.

U 4N.

172,(100

J.4J.
J. 4 J.

«84,300
817,800
45,«0e
871,300
«0,HO0
59,200
747,000
80,100
79,200
24,100
29.500
8«,000

.1.4 J.
.1.4 J.

M.«N.

V.4

J.

A.I.
A.

.t.

F.4

4

J.
J

J.

4J

•l?3:S8S-',i*K^.-

243,200 1.4 J.
155,000 .1.4 J.

1.4

141,7110

J.

•

•<a

H
7
8

7

8

Feb.,

May,
May,
May,

-74.
-78.
-77.
-78.

8

8

tf

.,••

Aug

,

July,

'^

8
10

8

'^

Jn.y,
Julv,
Jan.,
July,
July,

"TS.
-77.
•;«.
-78.
'78.

May,

'7-t.

10
4
.•H<

8
7

3
S
3

July,

4

«
8

iVUg., -78. 4

'78.

'77.
'74. 3)«
-78. 5
11
18
, -78.
.iuly, '78. 3
July, -78. 4
10
8 July, -78. 3
July, -74.
«K< Aug., -78. 3
Aug. '77. a^i
July, '78. 3
.H
10
July, -78. 4
Ju y, '78. B
10
July, -78. 3
? May, -78. 3Si
8 Jan., '78. 8
U Jan., '78. 4
8 May, -78. 5
fl

18
18

Auk

10
10
7

140

8K

«
11

8

8

OWjMa M.4N.

10
U

87,000 .).4 J.

8

The figures In thla column are of date June
cate Jane »d for the State banka.
i

8

29tli

July,

'78.

4

.

Kzcnange..

130

18:l>«

70
120
tv>

108

110

Firemen's ..
Firemen's Fund 10
10
Firemen's Tr
IOO
Franklin

Globe
Greenwich
Guaranty
Guardian
Hofltaian

Lenox
Lorlllard

75

HO
124

91

.

Merchants'
Montauk (Bkn)
Nassau (Bklyn)
National
N.Y. Equitable

New York Fire
& Boston
83H New York city
81

N. r.

H3

1S6
140

Ughi Co
ClUieDB'OaaCo (Bklyn)

iSrooklyn Oas

„

do

85 2,000,000
SO 1,200,000

....

sertuicatea....

Harlem

Joraey City

1,C00

Haahattan
Metropolitan
do
cerliQcatea

V

Mitual.S. T
do
bonds
Naaaau. Brooklyn

do

100

85

v»

Acrlp

„

do

do

Central of

r.

1,000

P«ople-B (Brooklyn)
do
do
bonds..

Var.
Var.

320,000 A.

40

50 1,850 000 f.4A.
20
88-1,000 J. 4 J.
50 4,000.000 J.& J.
100 2,500,000 VI. 4 S

4 Hobokeu

_
Sew
York

Period.

.

100
10
1.000

..

certificates.

New York

WtllUinsbnrg
do
Bcrip

Var.
80

50
Var.

Metropolitan. Brooklyn
Municipal

100
100

1,000,000 M.4S.
5,000.000 Quar.
1,000,000 F.4 A.
1,I>I^),0I^>

TIHI.IHXI
4,l>O1l,01KI

...

M.4N
4J

M.4N.
&J.

300,000 J.

466,000l F.4 A.
1,000,000 Quar.
1,000,000' J.« J.
1,000,000 M.
1,500,000

4N

[Onotatlons by H. L. Ghast. Broker,
Sietcker St.<t
1st

^ullonXrr^—stk.

mortgage

Broaduiai/

<t

Safeguard
St. Nicholas
Standard

...

Sfoadway

100

100
100

Snokliin it Uunttr'a rt— stock.
Ist mortgage bonds
1,000
Siuhwlck An. (/CtJyn)— slock..
100
\Aniral

Pit..

y.J:

b'.

filrer— stk.

900.000

100

.,.••• .;•

4 J.
Q-J

894.0001 J.

100 2,100,00(1
1,000
19
1.000

(Bro«9A;/;/n)—stock..

14S

I,5fl0,00<l-J.4D.
F.
2,000.00(1
3llo,00(liM.4N.
20il,iliW| (3— J.
4i>(l,0iV)' A. 4 0.
SIH).000|J.,4 J.

Q—

500,000
1,800,000

.••s
*J
4 D.
Q— F.

-J.

CODBOUdated mortgage bonus. 1,000 1,200,000 J.

Dry Dock,

K B. ctfiai»erj/-stk.

100

1st mortsragif, cons'd
S004c
Si^kth irenii«— stock
100
1st mortgage
1,000
iasi. it ffrand st ><rrv -stock
100
lit mortgage
1,000

Csfttra/ CVos« Joujn- stock.
1st

...

mortgage

Botuton.V'esl Dt.APav.f"i/—ttti.
lat

mortgage

,.,..

IIW

3004c

Aven.te- stock

100

morleage
Third Areutte^tiocX
lat mortgage
1st

1,8(XI.OOO!

90O.0O0 J.
I.OIXI.IMIO'
2():l.i»»

J.
J.

4D
4
4

.1

J.

748.000 H.4N.
238.000 A.40.
600.000
800,000 M.4K.
250.000
500.000'J. 4 J.

500
100 1,199,6o0;Q.-K.
1,000
1.000

Kxtenslon
titxi/i

100
1,000

.5scoiuli4p«nui!— stock
3d mortgage
Cons. Convertible

'78 145

1« July,

80
100
80
180

July,
May,

fi May,

S*t Jan.,

July,

97
05
30

9«H

80
85

l«.)uiy.

90
100

3>j Ju.y,
8)4 May,

67
98

1,000

100

ISO.IXW

A.40.

98
J nly, -78 65
June, -84 98
Aug., '781 160
Nov., -80 104
Ju'y, '78 135
Oct., '78 76
100
18S8
80
July. '78 55
97
Aug., '78
Jui e, '98 ioi
Jan., '84 ibb
May, '78 115
Apr., '93 lOS
40

iVd
125
115

N0T.i964

98K

July, "94
Apr., '"8

84

Slay,
Oct..

7.Vl.iHl0|M.*S.
41.->,iKiO J.& J.

May.

(J_F.

t08

y, '78

1,05o.000|M.4N.
21X1.1)1X11 A. 4 1).
2,iiiiii.ixx)l

110
150
85
108
90
80
100
86

ma

,

July,

Aug.,

"85 ie
'88
'83
'77 .50
^90 105
'78
'90

July,
4 J.
7iMiUy-iA(rd8<rs«<—stocg,..
8<X),0iXi! I 4 J.
101)
AU^.,'7K
Istn-A-fwg..
'113
850.IX)0l« *"
"
l.(K)ll
*Ibla column snows last olvldeud on slocts, bnt Ue data of inatarlt; of
1,000

85
95
68

'78|

J'ly,i900

Apr

V,OIXI.iX)l)i.l.

.

15
15

8
8
SB

1880
SO
14
3
10
15
-8
10
18

170

03

S
'78.6 78 168

iab'

•78

5

lis
180
lOS

•77.
•78.

S
6

100

no

July,'

'78"8

117

123
155
183

S

•77.
•77.
'7h.

MU

'78.10
•78.
•77.
•78.
•78.

Ju

8

7«

40

i()0

100

110
110

80

87

140
lUO

180
ICO

90

Ju

July, 78. 8
luly. •78. 5

8

80
128

250.000
200,(XX.)

July. •78. 5
July. •78.10

mo

150.0IX)
200.IX)0
21X1,000

Ji.ly, '7-1.10
July. •78. 5
July, '78. 8

2IXI,(XX)

July, 7N. 6

y.

Inly, •78.10

July. •78. 6
jMly. '78.10
Auir., '78. 7

8I10.IXX)

21X1,000
!)00,000
SiXl.OOO

jnlyi
July.
Apr.,
July.
July,
July.
July,
Ju'y,
,Un.,
July.
July,
Jcly.
July,
July, •78
Aug.,

200,1XX)

800.000
I.'iO.lKX)

150.IXX)

000.000

200.1X10

200,0*0
200,000
200,000
300,000
200,000
200,000

100
160

to

90
145
I'iO

D2

1«5
150

"m
118
120
840
115
125
70

8

10

3<X).flX)

Ang., •78. 5
July. •7M. 7
July. '78. 5
July. 78. 8
Aug,, '78. 5

50

250,000

July, '78.10

].'50.000

'so
140
108
170

135

11-56 12 35 luly, •78.6-23 120
July, '78. 5 1100

2.")fl.0<p0

90

160

185
130
50
55
'77. 5
110
'78. 5
110
'78. 5
210
•78.10
106
'78. 6
•7810 180
110
•78. 8
110
•78. .^
•77. 3ii 50
•78. 8
70
•78. 5
90
•78. 5
150
•78.10

,<)50.000

25
25

97
114

1.'50.000

35

25
50

90

90

ilu.v,

2tlil,iX)0

70
130

86

6

5
Mar., •78 S
July, •78.10
lau , •7o. 6

y. •78.

00

110

200,OIX)
.loo.ooo
200.0(K)

1(X)

100

ISO
187

TH

5
6
July, •78, 8
July, •78. 5
July, •78 6

Ju

iw>
110

ss

SH 60

y. •78,

ilulv, •78.
July, •78.

las

106

140
July, '78. 7
108
July, '78. 6
July, •78. 7H
"ao
Jan.. •Tt. •

July,

100

180
180

60
60

Jniy.
Jan.,
July,
July,
Apf..
July,
Jan..
Aug..
July.
July,
July.
July.

200,0IMl

200.0IX)
2I0,(X)O

100

19U

'78.5-78 180
.luly. •78. 6
180

2S0.0IJO'
liiO.OOO

120
185
186
100
19«

80
185
107
95
ISO
114

SOO

Over

all

UablUIIes. Including re-Insurance, capital and BCrlp. t Inclusive of
*Itli a minus sign before them shew that the (.omnany is

i-lgurei

impaired to that extent.

CItr Securities.
IQaotatlohs by Dahibl A. Mobax, Broker.

50
96
84
90
50
100

i«
60
115
ioo
IilO

i-.

IxnuU.

40

Wall Street.]

INTEBKST.

Bonds

Months Payable.

mvi

York:
I811-43.
Water stock
1S54-57.
do
Croton waterBtock..l84.'>-51.
..1352-60.
do
do
Croton Aqued'ctstock.1865.
pipes and mains...
do
recervotr bonds
lo
Central Paik bonds. .1353-57.
..183S-«5.
1S70.
1^75.

I8(i0.
Floating debt stock.
1SS5-68.
Market stock
1869
Improvement stock
. . .

13

18

1.50.1X10'

25
50
50
50
50
60

o»
do
Dock bonds
do

Broadway.]
July,

80
10

tl006519 9 80 11-46
517.688180
80
108,4.811' 14
14
-11,973:10
10
80

in

July. '78.10
July. •78.10

00

;85

S^jFeb.,

Ju

"

scrip,

135
104
76
108
76

78
95
78
93
90
20
90
70

Aug.,

17M Aug..

10

M

S

155

''H July, '78 150
5
June,
180
5
Aug.,
ISO
Sit »ug..
103

3H

Ask

6

80
SO
80

2iXl,lX)0

00
85

United States..
Westchester..

4

'7k.

8»

200,0110

100

Stuyvesant

*
1,000

Snenlli .loa—atk..

mortgage
9rook!i/n CVly— alack
1st mortgage
1st

Apr

July, '78li78
Apr., '781 95
Feb., '78 70

3H

OOo.l

25
50
25

100

•77.

Juue, 78.10
Aug.. '78.10

2fX>,0IM>

800.000
300,000
800,000

WlUIamsb'g C

5

,

aofl.ixxi

.oiM.n
1.' 0,(00

100
25
100

nly.

ss

80

140
100

7

Jan..
July.

luly. •78.
Inly, '78.

50

Rutgers'

80

60
80

HW

78.
78.

July, 78,

SO

Uepubllc

w
«o

nly.

l.W.OIXI

100

Hiugewood

8
10

July. 78.
Jnlr. •78.

500.000

21X),000

Star
Sterling

Bid.

3

Var
SI.&N.

1,000,0<H> I.

825,000,

»

2IXI.OO0
800.1X10

800,000
200,000

Produce Exch. 100

Tradesmen's....
Par.

00
25

100
100
15
80

50
25
25
Paclttc
100
Park
Peter Cooper... 20
SO
People's
Phenlx (Hklynl 150
Uellef

10
IS
10
10
4
10
80

10
10

Lttt raid.

5(K1.0(X)

Niagara
North River

10iH<

)A

j»

t.Vl(i,lX)l

!i07,9«0
8aw,78«)

18T7.

,000,(X10

Manur.4 BuUd. 100
Manhattan
100
Mercantile..

28.316 10
ni,9«l 14
1»
73.770 10
017 »
78,648 10
415,861 80

inn.

150,(«)0

100

|

lOTB.

2iX).lK)0

85
50
Howard
lmporters'4 T.. 50
100
Irving
30
Jelferaon
Sings Co.(Bkn) 20
Knlckerbockiir 40
Laiayette(Bkn) 150

Mech.4Trad'r«'
Mech'iCB'(Bkn)

[Gaa liuotatlona by George H. Prentiss, Broker, 30 Broad Street.]

I

800,000
800,000
800,000
800,000
800,000
804.000
150,000

30
50

..

Longl8l.(Bkn.)
KO

for the National banka, and of

Date.

,000,00

,*•
loo
100

17

Lamar..

Railroad Stocks and Bonds.

8ab Companiss.

loo

Hope

95

75

«^

8
18

CItjr..

Home

3
3

'77.

...

HainllloD

3

8

I

Commercial

Hanover

5

7Vi July, '78.

Jan.,
July,
July,
July,

200

3X
2«
an

6

70
100
193

3« vmn
vm
2K 50

•7-'.

16«l,000

Psios.

1,

1878.'

800.000 UVB.4l)a
178,940 «u
810.0(X)
143,780 iO
850,1100
8/«8l',0
800,000
10
800,000
800,000 178J204 80

Gcrman-Amer.
50
Germanla

90

au

May.

17

100

4

6

10

«m

'7ri.

'75.

-78.
-TA. 4
-77.
•~7. Si.

a«
10

7
4
3
5

July,
July,
8(4 Mav.
7>« Nov..

9

8
V
8
8

8

6
3

8H

14

18

mi

88

800,000
800,000

,70
too
Columbia
,30
lonimerce Fire loo

Farragut...,

S

J»"., •:7.
.Tuly, -78.
.luly, -78.
8 July, -78.
8!* Jan., '78.
18
July, '78.

7

S
14
10

8

800,000

80

...

Kinporlum..
IIB

2IK).I»K)

8OO,0(X)

City
Clinton

Kmpire

9nw

8110,000
4I»I,000

60
85
as

Continental.

J40
U8

200,000

loo

Ainlly
Atlantic
Itowery
hroa-lway....

Kagle

May, '78. 6
Apr ,-78. 8«'l!a

....

S'.B.loolF.&A.
4K,100 .1.4 J.
8M00 .1.4 J.
ZO'JXM .1.4 J.
46,800 .J. 4 J.
195,tK)0 M.ft.N.
"111.
.1.4.1.
308,400 J.4J.

CIt]>

•

WO

25
Ion

American
,50
American Exch loo

Brooklyn

118^

118
7«
180

July, -78. 3
July, -78 3

V

Adriatic..,..

^Ktna

Cltlsens*.

luo

an

102,OOOiF.4A.

Gas and

100>t

18

7«

l.itno

300,000
300,000
Shoe « Leather 100 1,000.000
100
200,000
SutcoJ N. i'.. 100 800,000
Ta'f*
100 1,000,000
T.-adesmen'a... 40 1,000.000
50 1,200.000
^«itSI(Ie*
!(»
200,000
lOo:

93

10

H«

7K

J.4J.

St. Nlcliolaa.... 100 l.OOO.MOO

Sereath Ward. 100

..*,

8«

•/•.>5

M.&N.
\.*o.

M

8

"78.

y, -78.

.SH July.
May.
6 July,

8
10

103

nly. -77. 4

Ju

10

7X

133
loi

4

H

'»iy. 'w. 3
Sent. -78.15
-78. 3
•:«. 8
-78. 4
.Ian..' -78. 3
10
AUB.. -78. 8
l»H July. -W. »X
July. -70. 3
10
Oct., ',7. iH

8
80
7
3
10

lun l,>!ll.rKHl[ (J-.I.
!'V,,...l |.ft.I.
';

-TH.
'78.

Amount

far.

DlTIDUDS.

Fnrploi,

Ja'T

Did. Aik.

oly, •78. 8

9
ICO

lOO

.1.4 J.
7»'.2.-Xl P. 4 A.
M.600 .1.4 J.

.11

EMtKlrir

Klrlt

'.:ioil

M»y.
•

8

s

J.

M.4N.

.luly

July.

10

2(i7,l(Kl

.

ranrlh
rnlton

4

.M)l\

."i**
18

U8

J.
J.
J.

,1 .1

Ctnmlcn'

8

U

.1

M.ftN,

...

.

liOWPPV

Paid.

PlnssUMi.]*-

K. •. liAii.*r. brokfr.7

CariTAL.

CoKraxisa.

LMt

Period )H78. 1877.

.nsft.Too
...,

^—^

[QnoUUonshv
Paioi.

riviriiiDi.

latent

datsa.

SECURITIES.

I.l«t.

Sarplaa

M

Mtrk'aihux') ? lAinonnt
Mfiioi Nan.
.,

atoek

im

LK.

no

do

—

....18»9.

Consolidated bonds
Street Imp. stock

do
New Consolidated
Westchester County

do

var.
var.
var.

5
6

e
7
6
8

Feb., May, Aug.4 Nov.

7
6
5

do
do
do
do

May 4 Novcuher.

7

t'7

January
do

Brooklyn—LocAi Impr'em'lGtty bonds
do
Park bonds
Water loan bonda

Jr.,

4

July,

do

..

Uav * November.
do
Ao
January a July,
do
do

Brldgf

1806
1878
1894-1897
1889
1879-1890
1901
1888
1879-1882
LiWO
1894

106
100
117
105
108
108

Aak
101

108
108

loex
10s
117
108

103
:o7
117
108
101
118
106
:i4

too

108)4 106

108
1(8
108

KO

1878-1880 101

104

Broker. 3S Wall

.'Annaryk July,
do
do
do
do
do
do
do
do
do
do
do
do

do
do
Park bonds
*A1I

do
do
do
do
do

do
do
do
do
do

6

7

gg.

•

Bid.

1878-1880 100
1878- W79 100

do
101«
do
!8«0
l.iWJ-lSSO 103
do
1S,'M-191I 104
do
l-iS-l-liKH) 10ft
May 4 November.
Feb., May Aug.4 Nov. 1907-1911,107
(to
1878-18081101
do
1877-18961 100
do
do
116
1901
May 4 November.

5
6
6

[Quotations by N. T. BiisBa,

Brldgebonda.....
Water loan
City oonas
Kings Co. bonds

due.

Feb.. May AQg.4 Nov.

loe
107

St.]

ll.l
1,SS1-1893 105
19I.5-19-J4 llftH

1903
191S
1903-1006
1881-1886
1880-1883
1880-1886
1884

116V ii»3
'IS* 1191^

108
lot
103
IDS

1091J

107
108
loe

lOBH
I907-1U0 urr

Brooklyn bonds Hat.
C(luotatlons

by

C.

Zabbiskii,

Jeraev CMi/—

Water loan, long.
lisai^Ti'
do
Seweragebonds
Assessment bonds. ..1710-71.
Improvement bonds
UW-M.
Bergen boiuU

4.

Montgomery

St.,

Jetaey City. ]

1886
January 4 J nly.
1888 1808
January 4 Jnij.
1877-1878
do
do
1801
JaB.,May, July A Not.
liOS
J. * J. and J * O.
Jaaoarr aad Jaly.

101

107
100

103
108
101

107
107

U»

1108
1106

THE CHRONICLE.

170

[Vol, XXVII,

deposits in the Second National Bank of Chicago, whicli was
crippled by the great Dre of that year, and subsequently wound
up. These iti ms consisting of $346,917 as shrinkage on the
real estate, $303,485 of indebtedness heretofore assumed by the

—

AND

STATE, C5ITT

AND CORPORATION FINANCES.

The iKTESTORS" S0PPLKMBNT

Ib

published on the last Saturday

reRular subscribera of the
Of each month, and (urnUhed to all
at the
ChbONICLK. No single copies of the Sopplkment are sold

is printed to supply regular
office as only a sufficient number
however, is bound
subscribers. One number of the Supplement,
be purchased
np with The Financial Review (Annual), and can

In that shape.

ANNITAI. REPORTS,

Northwestern Union Railway Company, and $39,780 of bad
debts, mostly from transportation of iron ore for companies and
firms made bankrupt since the panic, and for worthless town
Should anythirg
bonds, etc. amount to the sum of $090,163.
be realized from these assets, it will be duly credited hereafter.
Reducing the income account, as it stood on the Ist of June,
1877, by the amount of these items, there remains a balance of
To this add the surplus of the fiscal year, to wit,
$3,008,562.
$508,453, and we have the balance of $4,177,015 to the credit of
income account on the 31st of May, 1878, as appears in the sum-

—

mary of the general balance

sheet.

COMPAllATIVE EARNINGS.

& Nortliwesteru Railway.
(For the year ending May 31, 1878.)

Chicago

The annual report of the business and operations of the
Chicago & Northwestern Railway Company and Its proprietary
roads, (or the fiscal year ending on the 31st of May, 1878,
contains the following

Compared with the preceding year, the gross earnings of the
Northwestern prober and its proprietary roads were as follows
in 1876-7 and 1877-8.
1876-1.
$3,378,295
9,005,278
261,078
314,095
74,353

From passengers

p

ei"ht

Exoress

Gros« earnings of the entire properly
Total charges. Including coet of operating, taxes, rent of loastd
lines, Inierest on b-nds, &c., and sinking funds
..

lU.'Sl.Cea

Mails
Miscellaneous
'

$508,453

Leaving a sorplns of

of miles operated was 2,036, being an
increase of 43*70 miles during the year.
On the (ith of June, 1877, the La Crosse Trempealeau & Prescott Railroad, one of this company's proprietary lines, extending
from the terminus of the Madison Extension, near La Crosse,
Wis., to a cojnection with the Winona & St. Peter Railroad, a
distance of twen y-nine miles, including the br dge acrofs the
Mississippi River at Winona, was consolidated with the Chicago
& Nort'iwestern Railway by the concurrent action of both
companies, and thereafter became a part of this company's
railway. Its earnings, expenses and fixed charges are im luded
in those of the Chicago & Northwestern Railway Company for
the entire fiscal year from the Ist 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 wiih those of this company.
The total miles of railroad at ihe close of the fiscal year, on
the 81st of May, 1878, were 2,078-14, classed as follows
CHICAGO * NORTHWESTERN RAILWAY PROPER.

The average number

—

Miles at date of last annual report. May 3!, 1877
Add for La Crosse Trempealeau Prescott Railroad, consolidated
Add for completion of Maple Uiver Branch
River Branch
Add for completion 1 1 Menom

1,50-J-lO

&

29'UO

1015

me

24 71
l,(il6-96

LINES.

Mihs.

2,07814

& Northwestern

Railway,

Prom passengers

$2,978,729

Freight

Ui,016,93(i

218,766
i'63 122
76,008

,

Hiecellaneoos

The operating expenses were (47'34-100 per

S13 583 847
cent)

Taxes

Prom

$6,430,873

'

'

325,252- 6,755,126

amount deduct fixed
on bond', e<i\a prem um,

t> is

''

charges, &c.:

Interest
interest and exchange. $2 3=4,020
Rental of Chicago Iowa & Nebraska Railroad
545 fi3;)
Rental of Cedar Rapids & Missouri River Railroad
654 999
Rental of Maple River Railroad
'
'..'.'..'..
Payments on old 0. & C. Union RR. stock
P5
Payments on shildng f nnd account
83,120— 3,680,464

Vim

N«' '«=»»«

"liriiTJiii

FROPRIETABT ROADS.
_
Gross earnings —
Winona * St. Peter Railroad

Winona Mankato* New Ulm Branch
Northwestern Union Railway
Iowa Midland Railway

040

asn'osi

':'::::::.v:s::.

m^n-

1,167,215

'^^'^^^'

Less for operating expenses

$829214

Interest on bonds, gold p cminm,
sinkingfund,

Net

vxn

442S

...

etc".'.'
;

..;;;;;:;:

ms'iti
80.\oo- 1,819,993

profits for the year

•)
auTIT',
»',40i.4»7

From which deduct

dividends declared, as follows:'
8H per cent on preferred stock. Dec. 3, 1877
3J< per cent on prefeircd stock. May ia,18;7.. .
'.'.'.'.'.'.
8 per cent on commoa stock, May !B, 1877

Sorplu. for the year

INCOME ACCOUKT.

«7S8 9fu

TsaSl

Va,m-

1

95

034

"TsOMM

The amount
last

annual

to the credit of income account, as shown
in the
report, was $4,358,74.5, which sum represented

the
balance of accumulat -d net earnings, as against
various assets
of the conapany in former years.
It has been thought advisable
' amount by charging to profit and loss a number
of
I
f"^^^^"^ '" '\e assets wlich have become of doubtful

u.^""
Iw!

^J^^ll
estimated

Inc..

1.748,889
1,341
30,063
9,409

Inc

$14,751,06!
1S,288.576

Inc..

$1,078,226

»2,464,-!S7

Inc

.

.

$1,711,960
331,699

$1,386,260

The net earnings of 1877-8 were $2,464,487,

as against $1,078,326
preceding year, being a net gain of $1,386,260— or 128 per
cent derived from an increase of $1,717,900 in gross earnings.
Thisincrease was gained as follows: on the Galena Division, $530,815; on the Iowa Division, $445,469; onrthe Wisconsin Division,
$58,872; on the Madision Division, $416,981 on the Peninsula
in the

—

:

Division, $89,286; making a total of $1,541,425— from which we
must deduct a decrease of $43,735 on the Milwaukee Division,
leaving the gross increase on ihe Chicago & Northwestern Railway 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 lich there was a gain of $217,574, or 38 pe cent; on the VVinona Mankato & New Ulm Road
(a short branch) the increase was $819, and on the Northwestern
Union Railway it was $11,271; while on the Iowa Midland Road
there was a decreass of $9,394, making a total gain on existing
proprietary lines of $320,270, or 23 26100 per cent.

w

•

PASSENGERS.
of passengers carried was 3,416,413, against
3,347,853 the preceding year, being an increase of 68,500 passengers.
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 83100 cents, against
2 89-100 cents for the preceding year.

The whole number

FREIGHT.

68-63— 46218

Total miles of railroad

S»Pre"»
Mails

Dec.

327-(0

6880

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

262,420
284,a32
83,763

$13,033,101

3"5

,

Northwestern Union Rai.way
Iowa Midland Railway

Inc..
Inc..

Total operating expenses, fixed
charges,and all items for the year 11,954,875

Netprofits

PROPRIETARY
Winona & St. Peter Railioad
Winona Mankato & New Ulm Branch

Inc. or Dec.
$11,616

Dec.

10,754,168

lJ,i 86,575

$2,464,487
Netcarnings
Dividends of 1 per cent on preferred stock and 3 per cent on com1,956,034
year,
amounting
to
,.
the
during
declared
mon stock were

—

1877-8.

$3,366,678

"^^
V'^*''"''^*«« "'^'cli l*" ensued in the
value 'i'°
of real
estate taken by the company in 1871
for

The whole number of tons of
of the company was 3,911 ')61;

freight carried on the entire lines
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 $3 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 trarsportation over longer distances, and is
principally indicative of the fact that the new prairies of Minnesota and the partly cultivated areas of other portions of our more
remote and comparatively undeveloped lines are rapidly becoming productive, and are settling up with an industrious and
thrifty people.
The actual reduc ion in rates from those of the preceding year,
when applied to the large movement of tonnage, is equivalent to
the sum of $847,927; which amount represents the concession to
cheap transportaiion made by this company during ihe past year
in the movement of freight.
The whole number of tons carried one mile was 633,768,598,
against 485,357,900 in the preceding year, being an increased
movement of 28 52 100 per cent. The rate received per ton per
mile was 1 73 100 cents, against 1 86-100 cents the previous year.

OPERATING EXPENSES, FIXED CHARGES, ETC.
The entire charges appurtenant to the busin;ss of the year
amounted to $12,288,575, being an increase of $331,699 over
those of the preceding year.
On the Chicago & Northwestern proper, the proportion of
operating expenses and taxes to gross earnings was 4974 per
cent, and upon the entire property it was 51 66 per cent.

TRACK AND EQUIPMENT.

The material

condition of the company in respect to its
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 e steadily
continued.
At the present time the company owns 369 engines and 9,643
cars of all descriptioi^s, including the equipment of the Winona
& St. Peter Railroad.

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,
stock,

that company surrendered $.500,000 of its
which represented the balance of cost of that company's

ArousT

17,

IHE (JHKONICLE.

1878.1

railroad over tlio amount of its bonded debt, on itlpulation by
both pnrtiwg that a like amount of $500,000 of the preferred
lock ol the Chicago & Norlhwestorn Kallwav Company should
be iHued io payment therefor, at the convenleneo 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 Imoks of

company as "capital stock to bo Issued."
The following changes have taken place in the t>ondcd debt of
the company during the past yeai: Various classes of bonds,

this

amounting in the aggregcte to 1338,000, wrero 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 bo Be<»n In the
Invkstous' Suiti.kmknt issued with the CiiHONici.Eof Aug. 31.)
On the 1st of April, 1878, one million of the first mortgage bonds
of the La Crosje 'i'rempealeau & Prescott Kailroad Company, bearing ten per cent interest, became due and were paid off, and one
Dillon of Chicago & Nortliwestern consolidated gold bonds,
maturing in 1903, were issued in place of the same. A conveyance 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 tho
Union Trust Company of New York, trustee of the gold bonds,
In accordance with the terms of tlie 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
113,051,000; of these |12,313,000 are outstanding;, |407,000 have
been paid into the sinking fund and canceled, and $S01,000
remain in possession of the company.

CONSTRUCTION ACCOUNT.
The expenditures made on account of construction during the
year, including $36,300 for discount on securities sold, were
The s
of $196,541 was expended in building 353
$572,807.
There were also expended
cars, and for new cars in progress.
$18,541 for construe ion oi the Winona& St, Peter road, $21,696

m

on the No.thwestern Union and $1,005 on the Iowa Midland
Railway.

The Maple River Railroad was fully complettd on the Ist Dec.
This branch of 60 15-100 miles wag built by parties interested 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 tiie last report, was
complet'd on 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,
is the property of this company.
last.

REPORT OF LAND COMMISSIONER.
There remained on hand for sale on May 31, 1877, 2,153,071
acres. From this amount there should be deducted 4,133 acres
of lands contracted to be sold, leaving actually on hand and for

New

171

Constractloo since June

1864~

1,

Amount to May 81, 1877
Amount expended for year ending May 81,

New oquipmonl since Juno
Amount to May 31, 1877

1,

—

tW.4H.707
S7M07-tl.MI),M<

1878

ISM

*

Amount expended

|S,088,81t

for year ending May 81, 1878
Proprietary Railroads
Cost, for construction, purchase money, Ac, Ac
Assets
Railroad bonds, town lioiidK, and sconrlUos
Capital stock on account Winona A St. Peter Railroad
Winona A Ut. Peter Railroad
mortgiige bond* on
Mcnomlneo Kivor Railroad bonds, on accoaat

1W,MI

1,«5,«3»

ini

Due
Duo
Due
Due

iia».oa»

199,aW

from I'xpresa companies
from V. 8. Government.
from station asei s. earnings and collection*.
from sundry cilmpaules and Individuals

7,880

74,aR
488,081
8QS.48B
60,088
l,-;S3,8a

Bills receivable

Cash
Materials and fuel on liand

t77,088iMO
Cfr.

Common

stock and scrip
Less for stock and scrip owned by company

$15,10I),()SO

There remain unconveyed the ioUowing lands,

fl4,988!807

Preferred etock and scrip
Less for stock and scrip owned by

$i|],T03,St4

Company

177,211—31,525,602
$38,514,410

(Eiclnslve of $500,000 of preferred stock, to be Issued for La
Crosse Trempealeau & Prescott Railroad stock )
C. & N. W. Railway various Issues currency bonds
$13,900,000
Chicago A Milwaukee Riilway bonds
1,700,000
18,193,000— .32,793,000
C. & N. W. Railway vailou6iB8Uc8go!d bonds
Kcal cstnte morlgnges on shop and new station grounds, mostly
.'..
due in 1880
238,000
Balance due leased roads In Iowa
2(i3,4]2
Current bills, payrolls and accounts
990,037
Outstanding coupons, old dividends, &c.. Including coupons due

Juncl.1878
Balance of receipts from land ffrants.
Common and preferred stock dividends, payable Juno

909,236
10,478
1,202,750

27, 1878

Income Account
Balance

May

3:, 1878

4,177,015

$17,088,863

St.

Fan!

&

Sionx City.

{For the year ending December 31, 1877.)
The report of the connecting road, the Sioux City & St. Paul,
was given in vol. 36 ol the Chronicle, on page 494.
The equipment consists of 15 engines 6 passenger and 4
baggage cars 292 box, 63 flat and 10 caboose cars, and one-half
interest in a business or pay car.
The land department reports the land grant at 926,906 acres,
The total
of which 854,209 have been patented to the company.
sales up to the end of 1877 were 199,440 acres; receipts on prinSales for 1877
cipal and interest of land contracts, $1,082,756.
were 35,475 acres, for $354,983 cash received_on land contracts,
$135,374. Proceeds of the lands are used in extinguishing preThe general statement is as follows:
ferred stock.
;

;

;

$3.40C,000
3,410,742

Stock
Preferred stock and scip
Floating debt....

im.Mi

Profltandloss

27,700

.^.

$4,791,608

Road, Ac
Stocks and bonds
Real estate and free land contracts

$4,535,181
S«,190
197,441
2,845

Bills receivable

Total

$4,791,608

Cost of road was charged with $43,335 during the year for
new sidings and other improvements. The traffic of the year
was as follows
1877.
1876.
Per ct.
190,921
Tons f.elght carried
16,495 309
Tonnage mileage
The earnings for the year were as follows

Freight

1876.

$427,217

8,821
35,519

123,346
23,393

Total

$5'S,545

$573,7 8

Expenses

33i,8.33

351,677

$206,212

$212,080

1'

Ac

18
2-8
0-8

Per

1877.

$399,203
•

1-8

59,680
2,725,026
136.453
6,544,909

60,431
3,775,449

Passengers carried
Passenger mileage

Passage.....
Express, mail,

to wit:

120,818

.,

Total

—

InWiecooln
InMinnesota,

^

InDakota

613,993
asSilSS

ct.

6-6
3-6
9-6

Acres.

In Michigan, exclusive of Menomioee S. B. K. lands

s

160,000

M

sale 2,148,951 acres.

There have been r ceived during the year, on account of the
construclion of the Menominee River Railroad, patents for lands
the proportion of which
Tinder the Michigan State Land Grant
belonging to said company aggregates 94,247 acres.
These
lands have not been examined or appraised, and consequently
are not yet ready for sale.
The total amount of land grant lands
to be sold, during tbe fiscal year, Wiis
Bold, and contracted
92,144 acres, the total consideration for which was $441,721 Of
this amount there were sold in Michigan 15,736 acres, for $48,076,
being an average of $3 06 per a-re. In Wisconsin, 1,569 acres,
In Minnesota, of the W. & S:.
for $6,006, being $3 83 per acre.
P. R. R. lands, 74,835 acres, for $387,645, being 5 18 per acre.
The total amount of cash received during the year from sales
of lands and lots, and interest on contracts for the same, is
$183,963.

8,a8B,«ra

5-8
4-0

716,lti4

Netearnlngs

4)2,736

Dumber of acres
9,131,091
It will be understood, however, that this acreage includes
lands to be sold, but not yet deeded.
To the above lands should be added the company's proportion
of the Menominee R. R. R. lands, which, as aiiove stated, is
94,237 acres, which would make 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 Si, in final settlement of contested claims.
The sales of lands in Minnesota and Dakota have increased
beyond precedent, the amount sold in May, the last month of the
fiscal year, liaving 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 preempted,
or taken np by actual settlers.
Total

OBicAoo & northwestbbh profsb.—(1,S74°80 miles.)
StaUmint qf General Account, May 31, 1878.

The income acconnt (condensed) was
Balance, Jan.

Net

1,

7

as follows
$39,101

1877

206312

earnintts

Rents, premiums, &c

$243,817

Total
gross earnings, insurance, &C
and dividends on preferred stock
Loss from fire, &c

$19,410

Tax on

Ir tercst

Balance, Jan.

1.

7,583

•

"J-IJ^ „...»_
1.032 -215. 197
$37,700

1878

aENERAI. INVEaTMENT NEWS.
Bnrlington

&

Missoari Klrer In Nebraska.— The

follow-

ing statement of earnings is made for the month of June and for
lime
six months of the year 1878, compared with corresponding

y*"
Net
Mall and Gross
Passenger. Freight. Mlsce!. B*m'8. Krpenses. Earn.
For the month.
$58.7W $:),619 $W,M3 $M,229 85.8M
$30,201
Ending June 30, 1878.
SJ,698
87,7M
4,S31
45,293
70,6^
31.W9
Ending June 30,1877...

^'*'

•

.

Dr.
Old Constraction—
Co«tof consolidated road, cqnipm'.nt and property
$39,658,019
Add for I^ Croesc Tremp. & Prescott RR. (exclusivo of interest)..
1,449,414
Add for Stale LIni & Union RR., completed In 1876
103,618
Add account of old Kenosha Kockford A Rock Island RR
8,400
$41,813,346

9,ltl

Increase...
Decrease
F'm°jfn'l*trj''?80

..

19.9S7

82,3»1

'«
"78

^"iSie^.^:^??.
Decrease.

11.477

178,253

Wa

M
537,094

••••

29,738

^S^081

'':*^

^^

1**

••••

j.
*•<<>*

w ^^

291,364

448.61T

THE OHRONICLE.

172
Chicojro

Milwaukee &

St.

Paul.— lo the

case of Streeter vs.

the Chicago Milwaukee & St. Paul Railway Company, which is a
8uil under the late Poller law ol Wisconsin to recover three
times the auiount of overcharge above legal rates for the transportation of lumber from Fond du l.ac lo Oconomowoc, the State
Supreme Court, on appeal from the Waukesha Circuit, decide
finally that in a suit for such damafjeg, after the repeal of the law
fixing such rates, the plaintiff cannot recover, the saving clause
of the repealing act (the Vance Railroad law, so called) being
insulficient in lis language to preserve the rights of the plaintiff
under the law. Neither can the plaintiff, without an amendment
to his complaiot, recover, as in a common Jaw action, for the
simple exceea of such overcharges above reasonable rates. This
decision sweeps away all the civil esses for damages pending
against the railroad companies for violations of the Potter law in
overcharges for freight and passenger fares.
As to the ifsue of bonds by this company this year, 1878, a
member of a German banking house said to the American
Exchange re; oitet : "To my certain knowledj^e, in March last
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,
What was done with the
about fifty-three miles in length.
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.
Therefore, no
dividend could be paid on the common stock until 7 per cent for
all past years had been paid on the preferred.
This statement
seems to be plainly 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
" This stock is entitled to a dividend of 7 per cent per annnm from the net
•
•
earnlnga for each current y.ar.
»
1h\s certtttcate and stock
represenled hereby is isautd 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 scrip stock, shall be entitled to a
dividend of seven per cent per annum, 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 1^50,000, over and above the floating or unfunded debt, and the
accrued interest on the mortgage bonds. If the net earnings of the company
are not as much as 7 per cent in any one year, then the said preferred ttock
:

than receive for that year a dividend of whatever the said net earnings are,
after the payment of interest on the mortgage bonds, and the reasonable
reserve for a working capital, as above described.
Said preferred slock shall
t'Ol have ami clatm vprm the earnings of any other year,
for the r«m.-vayinent of
dividende of any preceding year. And whenever the company earns eufflcient
over and above the payment of interest on the bonds and the re.-erve above
named, to pay a greater sum than 7 per cent on said outstanding preferred
stock, and
per cent on the common stock, then the said preferred stock shall
ebire pro rata with the common stock in such earnings."
i

Cincinnati City Bonds.— Cincinnati, Aug. 14.— A vote was
taken to-day on the question of issuing $3,000,000 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 Ricliniond & Fort Wayne
Suits hare been
entered in the United States Circuit Court against the Cinn Hamilton & Dayton Railroad by the Pennsylvania Railroad
Company
and Grand Rapids & Indiana Railroad Company, for $7,013 each
The petitions allege that the Cincinnati Hamilton & Dayton Railroad Company has failed to meet its obligations to pay one-third
of the deficiency in the coupons of the Cincii»nati
Richmond &

tort Wayne Railroad Company, of which petition
the plaintiffs
and the defendant were each bound to pay one-third
The Cincinnati Harnilton & Dajton Railroad Company, the
petitions state
has refused to pay its one-third share of the deficits
each year
from 1871 to 1878.
•'

Colnmbus

Cliicago

&

Indiana Central.-Justice Harlan, of
the United Stales Supreme Court, opened a Special
Term for the
Indiana Circuit at Newport. K. I., for the purpose
of tryinr the
case of the Pittsburg Cincinnati & St Louis
Railway Company
against the Columbus Chicago & Indiana Central
Railway Company, and Roosevelt & Posdick. 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. Soulhmayd, of
New York
The validity of the lease of the C. C. & I. C. road
aod the liability of the lessee on its guaranty of the
C. C. & I. C. bonds are
involved in these

suits.

Dayton

& 8outheMtern.-Mr. P. Sprague, Auditor and Cashwriiee the B. S. Oazette : - On the 8 h ihst.,
upon petition
t^\l>°''dholder8 a al.. this road was placed in
th« bands
h.
the
of Mr. John E. Qimperllng as
receiver, with full
ier,

7"Tm'

XXVIL

[Vol.

powers. Under his management all arrears of interest will soon
be paid, as the road is doing a fair and increasing business.
Annual interest now $39,000 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 miles, at
an early day." The road, which is of 3 feet gauge, is completed
from Dayton, O., to the crossing of the Marietta & Cincinnati at
Musselmans, a distance of 69 miles.
;

Milfranliee.— The Wayne Circuit Court has decided
Robert P. Toms trustee under the first mortgage, in
place of A. H. Sibley, deceased, which is considared favorable to

Detroit

&

to appoint

the plan of reorganization
Receiver Trowbridge's report for July
Nominal balance, June SO

is

as follows

:

840.8:3
83,199

Kecelpta
Total

1124.053

Disbursements

88, 181

Balance, July 3f

$3.'i,872

The disbursements exceeded the receipts by $4,981. The total
amount of receiver's notes and certificates outstanding July 31
was $346,598.
Hartford ProTldence & Fislliilll.—The New York & Neir
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
The bonds of the railroad were
interest cease from that date.
issued in 1856, to ran 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. lu 1876 default wag
made in the railroad bonds. The city took up its issue and made
new bonds to run 13 years at the same rate of interest as the old.
In the meantime a sinking fund was provided to cancel the bonds
at maturity, and it now amounts to $248,000.
The New York
& New England Road claim this fund, being an offset, as
theirs when the bonds are paid.
The city will therefore get
$253,000, and pay back $243,000, if the claim made is valid.

—

Illinois Midland. Richard J. Rees, receiver of this road, will
receive at his office in Paris, 111., until August 36, bids for receiver's certificates of the amount of $1,000 each, bearing 10 per cent
interest.
The certificates ure issued, by order of the Court, for
the purpose of paying taxes now due in Illinois, 'i he amount to
be issued is limited by the order to $65,000, and they are made a
first lieu on the property.

Indianapolis Bloomiugton & Western.— A meeting of the
board of directors of the Indianapolis Bloomington & Western
Railroad Company, a new corporation recently organized by the
first mortgage bondholders of the Indianapolis Bloomington &
Western Baiiway Company, has been held to arrange for the
purchase of the road at a foreclosure sale to take place Aug. 31.
It has been decided to postpone the 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 requiring any cash assessment on the stock, or the placing of any
preferred mortgages upon the new road, and at the same time
proposing that the 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. Ingalla,
receiver, has filed his report for July as follows
Ti&cciiits

Balance June 30
Transportation of mails..
TransDortation of express

goods
Sale of old rails and scrap.

Other railroad compan'es.
Interest

Loans
Rents
Agents and conductors....
Othersources

$9,S77 C9
11,439 17

Supply

$1,906 35

bills

403^8

Interest
Interest

Bond
3 65J -0
4,544 20
10,717 D6
19 89

00
7,631 50
80,43171

6.5,000

94.443 50
47,600 00
7,431 13
41.526 25
1,646 43
153 75
208 73
2,1 17 46

Loans...
Railroad balances

and wages
Rents
Insurance
Legal expenses
Salaries

Miscellaneous

bills,

&c

78174
Total

Total

:

Disbursements

$187,565 87

$184,150 48

Balance

Montclair

$3,438 30

& Greenwood Lake.— The joint committee

of hold-

and second mortgage bonds of the Montclair &
Greenwood Lake RR. Co.met and discussed the report they had prepared. The plan agreed upon by the joint committee, as reported in

ers of the first

the Times, provides for the imposition of a uniform assessment of
6 per cent upon each of the holders of the first and second mortgage 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 second mortgage bonds will receive second income
bonds for their face value only. The voting power in the reorganized 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 plan
also provides that tlie holders of the common stock
of the Montclair & 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 & Nortliern.— On July 23, there was recorded
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

at the

bonds secured by this mortgage amount to $1,800,000, 400 of

AvousT

THE CHRONK^LE

17. 1878.1

The bonds
tbpin beliip for I^OO eacli, «nd l.flOO for f 1.000 etch.
are (Intvd Mrv 1, 1878, nncl ure duo Id 1908 at the olHce of the
tlie
rate
of
7 per cent.
companj in New York, with interest at
Tbreo hundred thousand dollars are reserved from the sale of the
bondii tor the purpose of layini; a doable track, and for the
purpose of purcua-lnft additional terminal facilities.

New York Lnko Erie & Western (Erie).— Ten days after
New V<irk is permitted to know what the Erie earned

liondon,

May

in

Isst, as

The

below.

been added, abowing the

from January
Mny
.

,

KX|)cni'09

J»n.

1

to

lll'i.is:

dlS.OOS

$451,(79

taOJ,0;0

»1.47l.431

|l,irv,%l

.

Netcarnligs

1.
.

18IS.
|5.i-Tl,B77
4,401, J46

1S77.
tl,'J3l.(«n

Ij;8.

Gross rarnlrM

previous months have

earninits of

total

May 81

,

1^.7.
t5.777.70-a

»l,87J,i)6l

4.5(14,741

—

The N"r;hern Pacific Railrond makes the
followinit B atement.sliiminif the esrn'nKa and operaiinff ext>enses
of its railroad in Minnesota for the year ending June 30, 187d
IXFCNSEB.
EARMK09.
Motive power
$84,603
J4'i1>,Mt
Prelght
Northern PaclBe.

173
Qnn rev«nti« rrora
•II

1876
1876
1877

«t.OT»,a8

Thus, If the capital baa increased the reveoae has Dot ttood
still, even in the very dull times of the last three years.
The iosrea^e has been in both passnngan and goods, but the
increase In the passenger tralllc has been greater than In the
goods.
Usua'ly this is not so. The goods traffic increases
more rapidly than the passenger, but when the business of the
country is Hit the passenger trafHe does not apppear to be so
much affected as the goods. At one time in the year 1851 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 proportion as it was a few years ago, when it exceeded 85 per cent of
the total traffic receipts; last year it was 51 17 per cent.
The passengers and goods, in money receipts (not IncIndiDg
miscellaneous), in the last three years have been

—

:

Panenger

leuance of curs
Malntcnnnce of way

l-Sii ^
14,117
8,-2?
1»,596

jfaU
Xznresa
Mlicellaneous

181787

Cunductln/traniiparlatlon...
Guneral expsnsee

ToUI

»'i98,7J9

Total
Net earnlnRS

3S.71!)

Miti

58.710
17,44?
tS.'8,467

Last year for the same period the gross earnings were 1629,293,
the expenses !f;!;!(i,310, leaving net earnings f 182,953.
Ohio & Mississippi.— The Daily JiuUetin says: "There have
been no Btepa taken recently by Ohio & Mississippi stockholders
looking to a reorgauizaiiou ot the road, by making an assessment
on the stock, as currently reported. The simple facts are that
Sir Alexander Oalt, who was chairman of the old reconstruction
committee, on his arrival in the city lately, expressed some surprise at the fact that no active movement was now in progress
In conversation with certain stocaholders,
for reorganization.
he stated that, in his opinion, if something were done in the way
of levying an a sessment npon 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, however, nor was there any meeting held to consider the matter."
Mr. John King, jr., receiver, recently filed the following
report for the month of July

—

:

SecHptt.

Carton hand Jnly 1, 1678
Prom station agents
Prom conductors
From t-xpre-'s companies
From P. O. D. pa-tment
Prom Indlviduale, railroad companies,

$140,172
272,i)82

4,632
3,887
S3,.'jll

etc

1875
1878
1877

Total

;

DubursementfVonchers prior to November, 18J6
Vouchers fUhsequiDt to November, J876

$389
145,451
112,412
220,321
2,632

November, 18:6
on Mongage due January 1, 1818
on
hand
AuKuei
Cash
1, 1878
Pay-rolls snbsiiiutnt to
Intere^'t

—

from

all

sources £674,059,048, and

is

thus made up

Ordinary
Guaranteed

Capital paid np.
je265,041,M3
73,365 705

Preferential

163,682,448

Loans
Debenture stock

28,874,41*6

143,095,166

£674,059,043

Total

The

being £674,05;),048, and the length of line 17,077
miles, the average cost per mile (in 1877) was £39,472.
The cost per mile is higher now than it ever was. This may
be gathered from the following quotation from the figures of the
caoital

report
Cost per

ml'.e

of line open.
£)6,-23
33,3 8
84.275

1854

""

atliO

34,106
87,838
89,01*
89,472

It will necessarily happen that the cost per mile will go up if
the companies spend, 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 length of line during the

last three years figure as follows:
P»id-tn>

Tear.
1S75
1S76
1877

llie gross

86,534.110

84,10'.l,947

41-99
42-05
42-lS

54-38
54-25
54-ir

quite a marvel that the times having been so dull the
of the kingdom in goods as 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:
It

is

traffic

Prrflts per cent
capital.
4-45

on paid-up
1875
1876
1877

43S
«-8!»

—

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,
in taxes, and by cash, at rate of 58 per cent on the dollar, all
coupons and parts of coupons, and interest on past-due bonds,
matured and maturing to February 1, 1879, by the first day of
June, 1S79.
ASSETS

AND BKSOUROES TO DEC

Real estate
Gr. und rents
Speci lie taxes
Personal taxes

Badges
Market, rents,

$',5(0

$415

Less for tXB. cont'd to Jane 30

2.5,OiO

Licensee

31, 1878.

HiecellaQeous

$211,000
34,000
50,600

45(X

lOO.'oOO

28,00)

$31.^50

600

Ac

Jail
r....

Waterworks
4c

CityCourt
Rents
Fines

for ca-h on hand
75,193
past due for years
1875-76-77
$97,060
Lefs 10 p. c. for losses. 9 7Li6— 87,;5(
3.370
Bal. due Jail by Co. Chatham.

15.000

Add

10,1X10

Taxes

2,000
27,C00
6,000
500
2,700

$481,367

l.OC'O

LUBIUTtES.

of the railways of the United Kingdom at the end
of 1877 comes out at 17,077 miles, of which 9,235 miles are
double, and 7,813 single.
In 1876 the length was 16,872 miles.
The total capital authorized stood in 1877 at £539,699,466 by
shares and stock; £197.087,362 by loans and debenture stock;
total authorized, £757.386,838.
This, however, does not represent the actual capital raised.

The length

is

£38.2<«.')7«
81,754,817

Pioportlor to total receipts.
PaBscn^er.
Ooods.

Blue Book.

This

Ooodt,

26,t6:<,551

1875
1876
1877

Fees, harbor,

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

Psssenaer.
£i"i.714,«Sl

proporiions stand thus, showing that while the passenger
traffic has increased the goods traffic has decreased:

Cemetery
$181,106

Toial

—

The

88,780

$481,106

mmtcr:
£«i,t>r,(no
at,tis,nft

,

capital.
£t,S0,«23,4!>t

658.814.776
674,059,048

Iiength of

Hue open.
1«,«58
16,872
17,017

revenue receipts in these three years stood as follows:

Current exptnses July

1

to

$90,100
Dec. 31
Floating debt for bal-

ance due

100,000

I

I

I

$48O,C00

coupons,

5Sperceut

at

$284,500—474,200
$7,0c.7

Surplus Jan.], 1879

report said: "It is proper to add that, in the
opinion of an intelligent minority of Council, these figures are
considered as taking too favorable a view of the situation; but in
the opinion of the majority of the finance committee, in which
they are sustained by a majority of Council, the figures represent
our true condition and demonstrate the city's ability, with rigid
economy, to carry out and sustain the compromise as proposed by

The committee's

the bondholders,"

Texas & Paciflc— In advance of the annual report, the following summary of operations for the year ending May 31, 1878, is
issued from the New York office.
The number of miles of road operated was 444, as follows
From Shreveport, La., to Fort Worth, Texas, 219; from Marshall,
via Texarkana to Sherman, 225 total length of main track and
sidings, 483 miles.
The receipts for the year ending May 31, 1878, were as follows:
;

Gross earnings..
Working expensea

'^ffilS
i,^io.<.u

$88«,870
ret earnings
out of which have been paid the interest on the first and
consolidated mortgage bonds, taxes, insurance and betterment
expenditures.
year there was
In gross earnings compared with the previous
an increase of |287,857. In working expenses "i« •"JoTano'"*
l»l,»«3, or
but $95,993, showing an increase in net earnings of f
.
,
27 80100 per cent.
during
There was an increase in commercial tonnage moved
transtonnage
the
Of
cent.
per
or
33
tons,
the year of 79,820
bushels of grain,
ported there were 314,4.38 bales of cotton, 372,493
lumber. Of the
143 512 head of live stock and 124,293 tons of
and 24 per cent
entire tonnage 76 per cent was local business
under
through business. The company has become entitled
land, of
grants from the State of Texas to 4,716,342 acres of
,

which 3,074,378 acres have been located, and conUin
best agricultural and grazing lands In the Sute.

some

ol

tk*

;

.

.

:

THE CHRONICLE.

174

XXVII

[Vol.

COTTON.
Friday, P. M., August

Crop, as indicated by our telegrams
from the South tonight, is given below. For the week ending
this evening (Aug 16), the total receipts have reached 4,657
bales, against 3,069 bales last week, 3,671 bales the previous
week, and 4,086 bales three weeks since, making the total

cMmercIaFepitomk
fBiDAT Night. August 16, 1878.
of trade
The leporU from commercial circles of the progreas
yellow fever
The
aatisfactory.
wholly
not
are
for the autumn

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
The details of the receipts
since Sept. 1, 1877, of 305,153 bales.
for this week (as per telegraph) and for the corresponding weeks
of five previous years are as follows:

advance
town* along the lower Mississippi, the recent
distrust excited by
the
and
Railroads,
Pacific
the
over
in freights
mentioned as
crop accounts from the Northwest, are

epidemic

in

unlavorahle

that we are in the
disturbing influences, to which may be added
men are drawn
business
many
very
when
midst of the season
the situaaway from business centres to summer resorts. Still,
there
is a disposition
one,
as
promising
a
as
regarded
be
tion may

Receipts this w'k at

New

reserve.
on all sides to move the crops actively and with little
the
There was a vigorous speculation in pork and lard early in
products,
hog
advance
in
general
and
a
prices,
week at higher
swine
based on the fact that down to Tuesday last the arrivals ot
period
corresponding
the
in
than
smaller
much
were
at Chicago
for
of August last year. In the flurry, mess pork sold at $11 05
September; $11 25 for October; prime Western lard sold at
*7 90 for September, and |7 97i for October, and prices of bacon
and cut meats were decidedly higher; but with Tuesday, the receipts of swine began to rapidly increase, and prices have materially declined, the market today being somewhat demoralized.
Mess pork sold at $10 70 lor October, and was afterwards offered
at $10 65. Prime Western lard closed at $7 60 for August and
September, and $7 67i@$7 70 for October. Bacon has sold to
considerable extent at Ofc. for long clear, September delivery, at
the West, but the close is unsettled. Beef and beef hams are
quiet. Butter has ruled firm, and cheese has advanced i9Jc. Tallow has been active at 6 15-16@7 1-lGc. for prime to choice,
but closes quiet.
Rio coffee has been active at 14@17ic. for fair to prime cargoes,
but the close is quiet. There was also a large business in Java at
23@24c., and in Maracaibo at 15(al6ic., all gold. Stocks at the
close are quite moderate, and the market strong on favorable foreign advices. Rice has been quiet for domestic, but of Rangoon
several hundred bags have been sold, mostly at SJc, gold, in
bond. Molasses has continued dull, and quotations for 50-test
Cuba Muscovado are reduced to 28@30c. Refined sugars have
sold fairly at GJc. for standard crushed, but the close is weak.
Raws are lower at 7@7ic. or fair to good refining, and sales slow.
The movement has been as follows

Indianola,

Tennessee,

Stock Aug.

1,

13,000
3,S14
1,056
14,158
26,344

85,3:)8

137S

Keceipls since
Salessince
Stock Aug. 14, 1878
Stock Aug. :5, 1877

Boxes.

..... »6,493

21,438

Bags.

2,0;)7

5»,8SI4

565

19,759
183,618
307.159

Total this

week

...

Total since Sept.

1.

639
400

15
83
7
12
289

6
1,734

1,941

5,292

1

421
344
271

94
279
29

259
2,545

4,657

1,733

7,390

&c

City Point,

102
996

571
1,242
6

Norfolk

886

219
276
290
614

211

Carolina

31

89

599

8

39
813
79

4,267,316 3,962,663 4,099,984 3,479,219 3,804,727

The exports for the week ending this evening reach a total of
5,832 bales, of which 5,462 were to Great Britain, none to
France, and 370 to rest of the Continent, while the stocks as
made up this evening are now 56,310 bales. Below are the
stocks and exports for the week, and also for the corresponding
week of last season:
EXPORTED TO-

Week
ending
Aug. 16.

Great

France.

Britain.

this

Same
Week

Week.

1877.

Total

Continent.

370

N. Orl'ns
Mobile .

1878.

50

370

2,403

669
426
524
666

455

Charl't'n

Savan'h.
Qalv't!n-

N. York.
NorfolkOther*..

5,106

5,106

6,479

356

356

170

5,832

7,154

41,331
291
10,000

1877.

24,615
3,391
2,349
1,557
3,494
77,033
1,307
23,000

Tot. this
2,652
8,4f7

week..

Kentucky tobacco has been less active, and the late improveSales for the week, 700
ment in prices is barely supported.
hhds., of which 200 hhds. for consumption and 500 for export.
Lugs are quoted at 2i@4Jc., and leaf 5@14c. Seed leaf, on the
contrary, was more active, and the sales of the week aggregate
3,684 cases, of which 1,732 new crop Pennsylvania at 10@16c
other sales were 350 cises New England, crops of 1876 and 1877,
at 10@18c.; 500 cases Ohio, new crop, on private terms, and 100

Tot.sinoe

8'<.447

126,889

&c
&c

1874.

204
75
158

1,337

8

N ortn

Melado.

180.484

352
104
273
53
159
178

578
242
269
47
551
981
3
942

Orleans

1875.

1876.

1877.

1878.

Port Royal, &c

:

Hhds.

16, 1878.

The Movement of the

370

5,462

56,310 136,746

Sept. 1. 2147,067 497,743 681,924 3326,734 3030,316
' The exports this weeK under the head of 'other p')rt8" Include, from Baltimore, 203 bales to Liverpool from Boston, 154 bales to Liverpool.
;

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

We

cases sundries at 8@14c. There has been a fair demand for
Spanish tobacco, with sales of 550 bales Havana at 80c.@$l 10,
and 172 bales Yara, private terms.
Ocean freights have been steady, but rather quiet for berth
room, though more active and higher for vessels by charter, especially for those going to Continental ports, to which there have
been liberal shipments of grain; recent business has included
grain to Liverpool, by steam, at 8J. per 60 lbs.; to Avonmouth, at
8d. per standard bushel; to London, at 7Jd., and by sail at 7d.; to
Glasgow, by steam, at 6Jd.; provisions to Liverpool, by steam,
at 30(a359. ; leather at459.@473. 6d.
and measurement goods at
33s. 6d.@25B. ; butter at 45s. in ordinary way, and 125s. in refrigerators flour 3s. 6.(328. 7id. grain to Cork, for orders, at 63. Hd.
@6s. 8d to Rotterdam, at 6s. 3d.; to Marseilles or Cette, at 63.
lid.@7s.; to Havre, at 63 to Rotterdam, Hamburg, or Antwerp,
at 59. 9d.; refined petroleum to the German Baltic, at 53. 3d.; to
Trieste, at 5s. Sd.SSs. 7d.; to Bristol, at 4s. 3d.; to East Coast of
Ireland, at 49.; to Mediterranean with refined, in cases, at 37c.;
and crude, to Havre, at 4». lid.; lumber, to River Platte, at $15,

On
Aug.

16,

AT—

Liverpool.

New Orleans.
Savannah
Galveston

New York

Coast-

Other

wise.

Leaving
Total.

Stock.

None.
None.
None.
None.
None.

None.
None.
None.
None.
None.

None.
None.

400

2,003

None.
None.
None.
2,626

None.

200

200

None.
None.

None.

669
324
666

*4,126

37,205

3,026

None.

None.

200

4,726

40,367

400

Mobile

Shipboard, not cleared— for
Prance. Foreign

;

;

;

;

;

Det.

Naval stores have been quiet but steady, with sales at 27J@
27ic. for spirits turpentine, and $1 37i@l 42i for strained rosin.
Refined petroleum has been firmly held all the week, and exporters have advanced their bid to lie; r.finers have not been
offering their supplies latterly, and trade has consequently been
quiet crude in bulk has been quoted down to 5ic. Lead hag
been rather quiet since the recent large transactions, but has
ruled firm at $3 50@3 02^ for common domestic, with foreign
quoted $6 37^(86 40 gold, oer 100 lbs. Of pig iron small sales liave
been made at $16 50@17 OO for No. 1 American, $15 50(316 00 for
No. 2 do., $23(323 50 for Coltness, and $21@21 50 for Egl nton
the market is to a great extent nominal, owing to the slowness of
trade
Ingot copper has been very quiet, but small sales have
still been made atl6(al6ic. for Lake Superior.
Wool has met
with a fair demand at generally steady prices. Fish very quiet.
Linseed oil has been steady at 56@57c., and of refined summer
yellow cotton seed oil 1.000 bbls. (or delivery from August to
December have sold at 46ic., while crude fish oils havebeen quiet.
Hops have sold but moderately at recent prices ; the first bale of
new Stale hops has arrived h< re. Whiskey is higher at $1 09.
;

;

Total

Included In tliis amount there are 1,500 bales at Presses for foreign
ports, the destination ot which we cannot learu.
From the foregoing statement it will be seen that, compared
with the corresponding week of last season, there is a decrease
in the exports this week of 1,333 bales, while the stocks to-night
are 80,436 bales less than they were at this time a year ago. The
following is our usual table showing the movement of cotton at
all the ports from Sept. 1 to Aug 9, the latest mail dates:
•

RECEIPTS SINCE
Ports.

exported since

1877.

1

1876.

N.Orlns 1370,703 1180,321 821,481 325,406
Mobile. 413,173 357,469 106,381 26,146
Char'n* 459,528 470,756 131,935 70,355
SaVh.. 598,519 476,834 176,247 36,351
Galv.*
446,986 501,648 186,172 26,971
N.York 143.931 121,201 331,111
9,659
Florida
14,312
20,381
N. Car. 144,101 129.425
35,007
1,780
Nort'k* 509,071 552,494 156,687
1,075
Other.. 162,835 150,401 196,584
.

This yr. 4263,159
Lastyr.

sept. 1

Other
Britain. France. Foreign
Great

TO—
Stock.

1

Total.

304,700 1451,587
31,566 164,093
103,584 305,874
138,748 351,346
11,291 224,434
49,698 390,468
19,890
2,929
19,148

2,930

949
329
259
485
48,565

87
733

56,677
160,691
215,732

11,000

2141,605 497,743 681,554 3320,902

65,337

3960.930'2130,745'459,585'432,832'3023,162 149.489

* Under the head of CAar/««(on Is Included Port Royal, &c.; under the head of
Oalvetton la included ludlanola, &c.; under the head of Norfolk Is Included City
Point, Ik.

1

1

!

'

V

. .

AD0V8T

.
.

THE CHRONICLE.

17, 1878.]

do not corrt'spond precisolr wltli the total
tclojfrnphic fijjurps, bocause in preparing thorn it is always
neei'S-sary to incorpoi-ato evory correction made at tlio portH.
The ninrltot for co.ton on the sjiot was ([uiet for the first half
Thivsi' iimil r<'t\irns

of

—

:

tli«'

of tlie w«<ol<, there being a consplcuoiis alJsence of that urgent
demand from home spinners whicti, in conjunction with tlie small
stocks, had been such an important element of strength; and on
Tuesiiay there was a decline of l-16c., to 11 15-16c. for middling

Ptiei.
3.600
1J800

rta.

flOO

700
1,000
2.800

700
1,400.

175
Btte>,

rt«,

1118

700

11-16
11-17
11-18

100
1,800

Ilia
Ilia

900
400

11)9

1115

1300

Moi

11-20

400

11-21

11-28
11-24

900

11-16
17
11-18
11-19
11-20

U

1,700
1,200
800.

ll-W

..

1,000

n-u

800

11-17
11-18
.. 11-19
..11-20

8300

CU,

100
100

u-ai
II »9

800
400

11-88
11-84

9300

For Febmtrr.

14,900

BilM,

For April.

800....

11-13

900
100
000
700

1114

1,000
aoo.

11-89
11-88

11-90
11-91
11-98

1,800
On Wednesday there was a stronger market, and on 15,200
unlan<ls.
For Jaauarr.
For December.
Tliurfday a revival of the demand for home consumption. To400
fl-OT
100.
11*7
For Mar.
700
11-04
800
11-08
800
it-a*
day, there was no change in prices, and but a mmlerate demand
600
11-00
100
11-09
2,000
11-40
8.200
The si)eculation in futures lias Iwjen
11-06
700
11-10
for liome consumption.
100
400
11-48
11-07
200
11-11
For Marcb.
11-46
200
The yellow fever accounts on Saturday 1.200
feverish and variable.
1,200
1I-08
700.
11-19
:i-12
900
11-47
100
11-09
500
100
and Wednesday caused something of a flurry, and a temporary ad1118
11-28
100
11-10
1,000
400
11-14
11-26
800
8,400
vance ill values; but on other days there was more or less decline.
11-11
800
11-15
800
11-80
800
At the close last evening there was a slight improvement on all
The following will show the closing prices bid for future
deliveries, except August, which, being so mjcii above SeptemThe Bureau delivery, and the tone of the market at three o'clock P. M., oa
ber, naturally weakens as it draws towards a close.
the several dates named:
report was made public on Wednesday, but did not have much
effect, as it seemed to be prepared by a person not familiar with
HIDDLIKO UPLANDS— AMKRICAU CLA88IFICATIOH.
what lie was undertaking. Liverpool has been generally disapFri.
Sat.
Mon.
Tucs.
Wed. Thuni.
FrL
pointiug lO the bull party, lleceipts at the ports have begun to
Market- rx)wor. Higher. Lower. Easier. Higher. Irreg.Str'ng'r.
11-88
11-94
11-86
11-80
llvSl
11-85
11-88
show tt slight increase, and the feeling yesterday regarding the August
Seiitcmber
11-36
11-65
11-54
11-59
11-57
11-60
H-.50
yellow fever accounts was that, so long as the epidemic does October
11-32
11-40
11-31
11-28
11-36
11-35
11-37
not extend beyond tlie iinmoiliate valley of the lower Mississippi, November
11-14
11-21
11-13
1112 11-19 11-18 11-20
11-11
11-18 -11-09
there will be abundant opportunities to get out all the cotton tlir t December
11-08
11-15
11-14
11-15
11-12
11-20
11-11
11-09
11-16
11-15
11-16
To-day, there was a slight advance Janu.ary
the emergency may require.
February
11-25
1 1-17
11-15
11-15
11-21
11-22
11-22
on stronger I/iverpool accounts and serious yellow fever advices, March
11-24
11-31
11-22
11-22
11-28
11-29
11-30
but the speculation was slow, except for September and October. April
11-32
11-38
11-30
11-29
11-35
11-36
11-37
11-40
11-46
11-37
11-37
11-43
11-43
11-44
The total sales for forward delivery for the week are 199,100 May
June
11-46
11-43
11-44
11-50
11-50
11-51
free on board.
bales, including
For immediate delivery the Transfer orders 11 "90 11-51
11-95
11-90
11-85
11-90
11-90
11-90
total sales foot up this week 5,503 bales. Including
for
ClosedQuiet. Steady. Weak. Steivdy. Firm. Easy. Steady.
export, 5,334 for consumption and 168 for speculation.
Of Gold
10013
lOOij
IOOI9
IOOI2
100% 10058 100!^
4-81ia 4-8II9 4-81
bales were to arrive.
4-82
The following tables show Excliange
4-82>4 4-8211 4-82>4
the above,
the official quotations and sales for each day of the past week:
The Visible Supply op Cotton, as made up by cable and
telegraph, is as follows. The Continental stocks are the figures
ALABAMA. N. ORLE'NS TEX.vs.
Saturil.iy, AUR.IO,
nion Sat. IHon Sat.
to Friday, Aug. 16.
Sat. Mon. of last Saturday, but the totals for Great Britain and the afloat
for the Continent are this week's returns, and consequently10
10
10>4
IOI3
lb.
IOI9
IOI3
Ordinary
101^
lOH
^
14
14
brought down to Thursday evening; hence, to make the totals
1058
1058
10»8
Strict Oi-dinary
ICs 10''8 1078 1079 1078
the complete figures for to-night (Aug 16), we add the item of
Good Ordinary. .. 11% lll8 111* IIM 1138 1138 1138 1138
Strict GooilOrd...
ll'K ll'io in,e 1111,6 1111,8 1111,6 1111,6 exports from the United States, including in it the exports of
11
Mifldliuc
I>ow
llUie
1115,6 1115,8 1115,6 1115,8 Friday only:
11''8
I2I9
11^8
1218
Strict Low Mid
1218
ll'^s
121a
11
1878.
1877.
1876.
1875.
I2I4
I2I4
Mlddlinic
12
I2I4
12
12
12
1214
Stock at Liverpool
587,000
877,000 818,000 887,000
Ooo<l Middling
123,6 123,8 123,8 123,8 127,6 127,6 127,8 127,8
Stock
at
London
Strict GofMlMid... 12'3
1234
14,750
33,500
12% 12>a
37,000
121a
12^ 12!^ 12%
79,250
Middling Fair
13
13
13
13
13% 1314 I3I4 1314

—

—

Mon

. .

Fair

13=8

1358

13=8

1353

Ordinary
Ig
Ordinary

103,8 103^8
109,8 109,6
111,8
Strict (ioodOrd... 1138
11%
Low MiddliuK
1158
11=8
Strict UiwMid
1113,6
.„ 1113,8
Middling
1115,8 1115,g
Good Middling.. . 1218 11218
Strict Good Mid... 127 18 12,'J8
MiddliugFalr
12i»i8 12io,e
Fair
139,6 139,6
Strict

lb.

.

Hh«

Good Oidiuaiy

^

107j8
1013,8
115,6
11=8
1178
121,6
123,8
12=8
1211,6
133,6
1313,0

n^

FrI.

Tta.

103,6 103,6
Strict Ordinai-y... 109,8 109,8
Gooil Ordinary
111,8 1111,6

103,6 103,6
10»18 109,8
111,8 ll'ia
Strict (ioodOrd... 1138
1138
1138
1138
Low Middling
1158
It's
11»8
11=8
Strict Low Mid.... 1113,6'H13,6 1113 -.1113,6
Middling
1115,6 1115,8 1215,8 1115,6
Good Middling
1218
12% 12% 12%
Strict Good Mid.
127,6 127j6 127j6 127j6
Middling Fair
1215,6 1215,,
18 1215,6 121*16
Fair
13»„ 139,6 139,6 139,6
i

.

Good Ordinary
Strict Good Ordinaiy

^

lb.!
!

l/ow Middling

i

Middling

1

107,6
1013,6
llo,6
1158
1178
121,6
123,6
1238
1211,8
123,6
1313,6

Sat.

non

1014

IOI4

Th. Frl. Xh.

Frl.

107,6 107;6 Il07,6
1013,8 1018,6 1013,6
115,6 115,6 115,6
11=9
lise
11=9
1178
1179
1178
121,6 121,6 121,8
123,8 123,6 123,8
1238
1238
1238
1211,6 1211,6 1211,6
133,6 HJ'>,6
lli>->lt
133^6 133,8
1313,8 1313,6' 1313,8

107,6
1013,6
115,8
11=8
1178
121,6
123,6
1239

TneslTTed Th.

III4
11!%

MARKET AND
Export.

Sat.. Steady

Mon

ul'fu

Tues Quiet, lower
Wed.iQuiot
.

1

sit.

—

Total

....'

5,334l

935

DeUveries.

1,000

....

168

5,502 199,100

2,800

"7

2,276

Sales.

858 33,300
700 23,800
502 43,900
224 31,200
2,283 35,000
935 31,300

111

Tliur8'stea<ly
Frl. QiUot
.

FUTURES.

Total.

"50

G50
391
224

700
400
ibo
300

For Augnai.
Ill's.

'"0.

Ct8
11-78

For September.
Bale*
».300
3,200

(:t>.

11-47
H-4>l
!l-4»
11-50
11.51
11-52
11-53
11-54

'10

iV79

aio

11-80

X.900

.'-'OO

11S1

5..'5<X>

100

11-S2

1,S00

:wo

iiKj
ii-m

aOO
800

ii-as
n-8fl
,l-H7

2.900
2,000
1,500

I,-8'J

9,900
10,800
7.800
8.700
5,100

.XI-5S

700

11-83

1,800

11-M

i.oflo
i.sfX)

'"00
!.iOO

w»

IfO
100
S«0
100

TOO

1S400

um

11-94
11-95
11-wi
11-97

6,300.

11-55
11-56
11-57

1159
11-80
11-Bl

U-»l

Italcs.
3.

WO

1,800
1,400

800

ct
1,-(H
11-68
,1-(17

1168

81,000

nalci.
4,7lX)

5,700
5,700
3,500
8,400
6,900.
6,300...

For October.
1,700
2,200
1,B00
3.000
2.400
1,800
l.OOO
2.400
2,700
3,400
2,800

910,500
217,250
6,000
61,000
14,000
71,500
45,500
10,750
7,750
15,250

855,000
161,000
6,500
80,000
11,000
57,750
15.000
18,000
19,250

966,250
182,500
6,750
77,750
11,250
37,750
42,000
11,250
2,000
14,250

Total continent^ porta....

312,500

449,000

427,750

385,500

2,700

,1-24
11-25

300

11-8

61,700

11-27
...11-28
11-29
1,-30
11

81

11-3!
11-33

11-M

Ct..
11-35
11-36
11.37
11-38
11-39
11-40
11-41
11-42
11-43

For Novembjr.
100
100

700
200
400
700

11-07
11-08
11-09
ii-:o

U-12
11-14

59,2.50

Total European stocks.. .. 914,250 1,359,500 1,282,750 1,351,750
India cotton afloat for Europe. 205,000
286,000 416,000 518,000
Amer'n cotton afloat for Eur'pe
38,000
59,000
83,000
43,000
Egyirt,Brazil,&c.,aflt forE'r'pe
16,000
22,000
28,000
29,000
Stock in United States ports
56,310
136,746
148,756
89,483
Stock in U. S. interior ports.
3,797
10,341
14,182
6,655
United States exports to-day.
1,000
100
1,000
.

.

.

Total visible 8upply.bales.l,234,357 1,873,687 1,972,688 2,038,883
totals of

American and other descriptions are as

follows

Amerlean—
455,000
315,000
83,000
148,756
14,182

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

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

824,138

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

122,000
14,750
47,500
203,000
1 6,000

392,000
79,250
196,500
518,000
29,000

Total East India,

405,230

Livei-pool stock

American

afloat to

Europe

UnitedStatos stock
United States Interior stocks.
United States exports to-day.
Total American

East Indian, Brazil,

.

bales.

Llveriiool stock

cfco

.

465,000
265,000
38,000
56,310
3,797
1,000

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

100

<fc,

London stock

For forward delivery, the sales have reached during the week
199,103 bales (all middling or on the basis of middlinjf), and the
following is a statement of the gUes and prices:
'

601,750
156,250
6,000
31,000
7,250
34,250
45,000
9,000
0,500
17,250

Continental stocks

8.58

.IQiiiet

Frl.

103,6 103,6
1011,6 1011,6
113,6
11»,6 119l8

Con-, Spec- Tran-

sump

HH18

SALES.

8ALKS OF SPOT AND TRANSIT.

SPOT MARKET
CLOSEU.

133,6"

Total Groat Britain stock .
Stock at Havre
Stock at Marseilles
Stock at Barcelona
Stock at Hamburg
Stock at Bremen
Stock at Amsterdam
Stock at Rotterdam
Stock at Antwerp
Stock at other conti'ntal ports.

Of the above, the

103,6 103,6
10% 101 I6| 1011,6
IIH 113,8 113,8
11=8 11"16 11«18

10%

107,8
1013,6
115,6
11=8
1178
121,6
123,6
1238
1211,6
133,6
131*3,1
I

lb.

STAINED.

1378

103,8
109,8
111,6
1138
11»8

107,8
1013,6
115,8
1158
1178
1113,8 1113,, 121,6
1115,6 U15,6 123,8
1218
12>8
1238
12^16 12' J« 1211,6
133,6
121»,e 1215
139,6 jl3»ii 1313,6

!

1373

W^ed

103,8
109,8
ll'is
1138

Tb. Frl.
Ordinary

1378

1378

Wed Tnes Wed Tnea

TneBjTTed Tnes

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

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

745,500

956,750 1,214,75«
824,13»

1,128,187 1,015,938

Total visible supply
1,234,357 1,873,687 1,972,688 2,038,888
esigd.
PrieeMld.Upl., Liverpool....
7»ied.
ehgd.
6»i«d.

These figures indicate a decrease in the cotton in sight to-night
of 6:J9,330 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 804,531 bales as compared with 1875.

—

At the Interior Pouts 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
statement:

O

.

THE CHRONICLE

176

Week ending Aug, le'TS. jWeek ending Aug.
Reoelpto Shipm'ts

Augusta.

.

.

:

Oa

Coliiinbus, Oa
Macon. (i«

•

MonteoroetT, Ala
Belnia, Ala
Memi>lil8, Tenn..
MaeliviUe.Tcnn..
Total, old

poi-ts.

57
67

1,171

141

1,081

1,661

3,797

la

24

87
43

"67

iG

"28

350

708
30

81

41
63(>

Shrcvpport. La ..
Vicksburg, Jliss
Colunilms, Migs.
Eufnula, Ala
.

30

1,433

1,003

1,233

405
705
235

40

227
26

11
705
38

6,092

417

1,261

10,341

3

120

42
146
17

54
244

67
173
162
36

10

429
80
26
736

992

_i_

20
60
60
98
93

791

•26

589

95
318
27

5
29
6

11

33
80
170
783

421
070

Receipts SMpni'ts Stock.

174
565
383
735
329

33

92
151
44

Dallas, Texas....
Jefferson, Tc.x. ..

GritBn, Oa
Atlanta. G»
Bonie. Cta
Chailiittc, N. C...
8t. Louis, Mo
Cincinnati,

Stock.

181
30
86
3U
175
877
27S

17, '77,

21

9
26
171
935

"17
862
172
151
2,025
4,092

1,418

[Vol-

xxvir..

during the week, the extreme range being 73 and 100. Raiiu
has fallen on three days, the rainfall reaching one inch and fiftythree hundredths.
Columbus, Mississippi— "^'o have had light rains on two days
during the week, the rainfall reaching twenty-three hundredths,
Caterpillars are on the increase, though not doing^
of an inch.
much harm. The thermometer has averaged 83, with an extreme
range of 92 and 70.
Little Sock, AH-aMas.-They/e&iliev during the week has beea
Rain has fallen on Saturday,
pleasant and favorable to crops.
Sunday, and Monday, and the weather has become cooler. AverThe rainfall
age thermometer 78, highest 95, and lowest 68.
has reached eighty hundredths of an inch.
Nashville, Tennessee.— Vfe have had rain on three days of the
week, the rainfall reaching two inches and fifteen hundredths.
The thermometer has ranged from 72 to 8:*, averaging 80. The
crop is developing promisingly.
Memphis, Tennessee.— Vt e 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. Thethermometer has ranged from 69 to 95, averaging 81.

—

The earlier part of the past week was clear
Mobile, Alabama.
and pleasant, but during the latter part it has been showery one
4,305 19,118 day and has rained severely three days and constantly one day,
1,773
6,238
4.8.57
2,745
Total, aU
hundredtlia.
"The above totals show that the old interior stocks have the rainfall aggregating two inches and thirty-seven
In some sections th&
are conflicting.
decreased during the week 583 bales, and are to-night 6,544 Accounts from the interior
Ihe receipts at the crop is developing promisingly, but in others crop accounts are
bales less than at the same period last year.
with limited damsame towns have been 664 bales imre than the same week last less favorable. Caterpillars have appeared, but
age as yet. We are having too much rain. The thermometer
year.
has averaged 83, the bighest being 95 and the lowest 72.
Receipts fkom the Plantations. Referring to our remarks
Montgomery, Alabama. The earlier portion of the week thebring
In a prerious issue for an explanation of this table, we now
weather was clear and pleasant, but we have had rain on
tlxe figures down one week later, closing to-night:
three days the latter part, the rainfall reaching three inches and
BKCEIPTS PROM PLANTATIONS.
We are having too much rain. Picking is
eight hundredths.
Stock at Inter'r Ports Rec'pts from Planl'nB being retarded by the rains, causing damage.
Average therReceipts at the Forts.
Week
mometer 83, highest 97 and lowest 74.
1877.
eadlng- 1876.
1876.
1878.
1877.
1878.
1878.
1876.
1677.
Selma, Alabama. The earlier part of the week the ^veather
7,539
5,814
82,569 67,50J 34,151
12,380
was clear and pleasant, but the latter part has been rainy, rain
9,390
10,456
Jnne 7.
3,1 n
1,929
6,392
76,051 52,151 29,315
" 14
11,23!
having fallen on three days, to a depth of seventy-five hundredth*
8,556
8,41)
2,151
2,141
1,693
" 21.
8,'i26
67,712 45,769 23,257
10,721
of an inch.
Crop accounts are less favorable. The thermometer
10,193
Total, new p'rta

3,193

1,664

8,777

3,011

1,356

2,441

I

—

—

—

"
Jnly

"
"
"

Ang.
"
•'

1,332

23.

8.559

6,519

6,879

61,078

85,811

21,210

1,925

5.

8,6«I

6,102

B,949

57,865

32,077

19,t.7'i

5,148

2,368

1,381

3,645
1,243

12.

6,003

63,736

5,2^7

4.104

23,997

18,03-S

1,876

1,324

8SS

2,658
681

18.

t.on

8,676

8,7S2

49,5S2

27,979

15,491

J8.

6,58'J

3,299

4,086

17,151

15,361

12,,527

3,158

22,472

11,003

374

S.

B,!63

2,691

3,611

12.372

9.

5,871

2,102

8,069

35,18.

21,574

8,.316

16.

7,39J

1,73a

4,657

28,877

19,118

6,i38

81.663

56,968

Ttotal.

71,712|l

410

1,204

2,519

1,085
II

1

1,119

2,149

24,11S1 13,517

88 925

This statement shows us that although the receipts at the ports
the past week were 4,057 bales, the actual from plantations
were only 3,549 bales, the balance being drawn from stocks at
the interior ports. Last year the receipts from the plantations
bales, and for 1876 they were 1,085
for the same week were

has averaged 83.
Madison, Florida. Rain has fallen on five days this week, theThe therrainfall reaching three inches and fifty hundredths.
mometer has remained at 85 throughout the week. Our corredoing
considerable
damage.
spondent states that the boll worm is

—

—

Telegram not received.
Columbus, Georgia. We are having too much rain. We have
had an unusually severe storm this week. Rust is devehjping
badly.
Caterpillars have certainly appeared, although the injury
done is as yet limited. The thermometer has averaged 80. The
rainfall during the week has been one inch and eighty-eight hunMacon, Georgia.

—

dredths.

Savannah, Georgia.

— The

Ijeen

rain

rain-

warm, sultry and wet,

weather during the week has
having fallen on four days, the

reaching one inch and fifty-five hundredths.
The thermometer has averaged 85, the highest being 97 and the lowest 75.
Weathsk Reports by Telegraph. Too much rain has
Augusta, Georgia. It has rained here on six days out of the
fallen this week in many sections, and is giving opportunity to seven, heavy and general, the rainfall reaching two inches and
the caterpillars to increase and threaten harm. The coast counties ninety-eight hundredths.
The thermometer has ranged from
of Texas, the lower half of the other Gulf States, and parts of the 73 to 102, averaging 85.
Crop accounts are less favorable. The
Atlantic States, are the districts from which the principal com- reported effect of the drought will be to reduce the crop of this.
It does not seem that damage of any kind other section twenty to twenty five per cent.
plaints come.
At some points cotton
than such as is incident to every summer, has heen done as yet; looks bad.
As the week closes, there has been a favorable
but unless dry weather comes soon, the caterjiillars will certainly change in the weather.
clo injury.
Charleston, South Carolina.
It has rained heavily on four daysIt has rained on four days this week, the this week, the rainfall reaching eight inches and thirty-six hunOalveston, Texas.
Tainfall reaching one inch and seventy-four hundredths.
are dredths.
The thermometer has averaged 84, the highest being
having too much rain. Caterpillars have re-appeared in the coast 93 and the lowest 73.
belt and have already done damage in some sections.
Poisoning
The following statement we have also received by telegraph,
active, but constant showers greatly hindering. The thermometer showing the height of the rivers
at the points named at 3 o'clock
Las averaged 84, the extreme range having been 76 and 92.
Aug. 15, 1878.
give last year's figures (Aug. 16, 1877) for
Indianola, Texas.
have had rain on four days of the week, comparison
with a rainfall reaching one inch and thirty hundredths. CaterAug. 15, '78 Aug. 16, '77.
pillars have certainly appeared, though the injury done is as yet
Feet. InohFeet. Inch
„
Orleans
Below high-water mark
2
13
9
9
limited.
Much damage is feared, however, unless dry weather New
Memphis
Above low-water mark.
O
9
12
8
sets in.
Planters are using poisons. Average thermometer 85, Nashville
Above low- water mark...
2
2
3
2
highest 96 and lowest 75.
Shreveport
Above low-water mark... 16
(!
6
10
Above low w.ater mark.
3
17
Corsicana, Texas.
2
The weather during the week has been dry Vicksburg
_
21
New Orleans reported below high-water mark of 1871 until
and hot as Egypt. Picking is progressing finely. Crop promisSept. 9, 1874, when the zero of gauge was changed to high-water
ing.
The thermometer has averaged 84, with an extreme range
*
mark of April 15 and 16, 1874, which is 6-lOths of a foot above
of 70 and 104.
or l(j feet above low- water mark at that point.
DallfUi, Texas.— It has not rained here all this week.
Picking 1871,
CoMPAiiATivE Pout Receipts .\nd Daily Crop Movement.
is progressing finely. There are some complaints of the boll-worm,
which, however, amount to nothing.
Crop accounts are more A comparison of the port movement by weeks is not accurate,
favorable.
The weather at midday during the week has been very as the weeks in different years do not end on the same day of the
have consequently added to our other standing
oppressive. Average thermometer 84, highest 103 and lowest 70. month.
Brenham, Textis.
have had showers on two days during tables a daily and mouthly statement, that the reader may conthe week, the rainfall reaching sixty hundredths of an inch. stantly have before liim the data for seeing the exact relative
Caterpillars have certainly appeared, but the injury done has as movement for the years named.
First we give the receiots at
yet been limited. Strenuous efforts are being made to poison. eich port each day of the week ending to-night.
With this exception, prospects are good. Picking is progressing PORT RECEIPTS FR OM S.4TURDAY, AUO. 10, '78, TO FRIDAY, AUG. 10, l^
New
finely, and an active movement of new cotton has begun.
The D'YR
Mo- Char- Savan- GalAll
of
OrNor- mingTotal,
thermometer has ranged from 79 to 95.
we'k leans. bile. leston. nah. vest'n. folk.
ton. other.5.
New Orleans, Louisiana. It has been showery three days of
the week, the rainfall reaching forty-three hundredths of an Sat..
28
39
46a
36
25
153
29
125
33
Inch,
'i he thermometer has averaged'
217
Mon
83.
7ia
54
3
218
74
108
38
Shreveport, Louisiana.
Crop encouraging.
96 • ....
Weather very Tues
612
52
247
30
129
10
48
favorable.
Picking general. The new crop is coming in slowly
107
Wed
737
24
181
119
130
173
Average thermometer 86, highest 97, and lowest 73. The rain- TUur
51
505
172
41
38
117
40
37
9
fall daring the week has been one inch and
seventy-two hun- Frl..
79
1.623
688
84
151
425
3
135
58
fall

bales.

—

—

'

—

—

We

We

— We

,

.

.

—

. .

—

We

— We

—

—

dredths.
Viek^urff, Mississippi.— The thermometer

has averaged

81

Tofl

578

242

2G9

551

981

344

147

1.515

4,66T

.

,.

:

1

AoouBT

THE CHIIONICLE

1878.1

17,

The movitment esoh month
Yoar

I

IfonUil}JtoeviptK.

Boglniiliig

1S78.

1877.

I

Oet«i>er
MovtMuli'r

578,.'i33

«7.->,2«0

«1<),:U0

S22,H).1

n01,3i)2
787.7«!)

710,110
821,177
037,067
470,801
300,128
103.393
92.000
42.234
29.422

23fl,s<JH

M»y

»K,3H

Jttnr

4-J,ll2

500.080
440,»86
182,037
100,194
08,939
30,030

July

20,240

17.031

0S!),01O

.

P\oliiii:iry.

Uor.'b.
April ..

..

310..52,"i

..

197.905

134,376
530,008
676,29,'>

739,030

4U,052
383,324
251,433
133,598
81,780
50,010
17,064

follows:

1873.

1872.

184,744
444,003
530.1,53

624,975
569,430
462,552
309,307
218,870
173,693
72,602
83,515

Tot Jy.3 1 1,238,486 3,957,386 4,080,531 3,473,936 3,768,597 3,573,353
1

witli the

we have

reported,

9718

9800

9908

99-34

97-88

Thi!* stateineot shows that up to Aug. 1 the receipts at the
ports this year were 301,100 bales more than in 1876 and 173,955
Mle.i more than at the same time in 1875. By adding to the
^
'«bove totals to Aug. 1 the dally receipts since that time, we shall
be able to reach an exact comparison of the movement for tlie
different years.

the following

:

1-78.

i8n.

Statu.

Inc.

Jane. July. Ang.

AT'ee. Jan*

Jaly.

~88~

Ang.

AT'ge.

88

"mo

87

88

M

85

886
880

North Carolina
87
8oulbCaroHnii. 99
Georgia
101

81

8S

101

•97

1000

91

105

98

100

92
99

99-3

Florida

99

93

101

108

98

1008

89
93
90

94

9<

9-2

98

98

92

960

91

93

90

91 -8

Alabama

fato'iixge of tot. port

receipts July 31..

moit neeesaarily inak« his comparioon •Imoat
prevloua year, the figures for the iiea«oDS anterior to that are of coinpamtlvely little use.
Ezperionce has
provod thin, and the nature of the caae would seem to ouggeat
and enforco such a concluoion.
Making, thoreforo, our uaual
compilation by averaging the three months' condition now
(latn thti (iliiterrer

wholly

1.

115,255
355,323
570,103
811,668
702,168
482,088
332,703
173,086
127,346
59,501
31,856

1874.

OH.tOl

DOO.lUt

September

lS7.->.

1(>9.077

flept'iub'r

OenMiib'r
Jwiuiiry

M

tince Sapt. 1 has bAen

177

Misslsi^Ippl.

Louisiana...

Texas
Arkansas

.

.

Tennessee.
•

.

82

990

9J-8

6

•8-7
11

4

11

3

6-7

7-7
4-7
•7-7

98

9B

90

MS

98

103

106

1030

104

106

106

1060

91

94

96

91

98

98-8

94

94

93

93-e
93-6

12-4

98
97

98

92

95d

»4

96

90

93-3

9-S

20

Decrease.

statement shows, for the season thus far, a decreased or
poorer condition of 37 per cent in Xorth Carolina and 7-7 per
c*it in Louisiana, but gives an increased or improved' condition
for all the other States, and for most of them a very decided
Tliis

1377-78.

1876-77.

1875-76,

1873-74.

1874-75.

1872-73.

T*>t Jy.31 4,258,486 3,937,386 4,083,531 3,473,936 3,768,597 3,573,853

Ang.

421
264
861

635
721

432

846
834

139

1.

1,465

393

3....

4.

"

6...

^

7...

"

8...

"
-"

9...
10...

*

11...

8,

596
509
529
340
700
468

•"

839
618
21
364
245
531

712
612
737
503

13...

" 14...

" 15...
" 16...

S.

B.

" 12...

504

S.

1,141
1,108
1,082

48'

S.

598
367
264

1,623

S.

410
390

1,056

394
301
207

701
924

1,963
1,714
1,069

8.

547

2,781
2,173
2,201
1,204
1,997
1,744

702
960

197
304
539
218
168
195

1,038
1,084

S.

521

8.

764

1,727
1,874

1,092

S.

S,

701
604
64

8.

2,583
1,738
1,526
3,631
1,930
1,423

96
787
604

8.

457

8.

improvement.
Now, if we add to the above the changes In
acreage for each State, as per Chronicle report, it indicates that
the prospect on the 1st of August, according to these Agricul
tural Bureau figures, was of a crop over 400,000 bales in excess of
last year.

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

that

say this, because
evident from the figures that our spinners must be now fairly
stocked up, and are only buying through a fear of a future scarit is

For these reasons we give place
from a "Spinner":

city.
I

'

Total .. . .14,207,816 3,963,944 •1,100,09; 3,478,297 3,778,889 3,600,387
Pereeutage of total
98-16
97-83
99-46
99-33
port receipts
98-60

This statement shows that the receipts since Sept. 1 up to
to-niglit are now 303.873 bales more than they were to the same
day of tlie month In 1877, and 107,719 bales more than they
were to the same day of the month in 1876. We add to the last
table tlie percentages of total port receipts which had been
received Ang. 16 in each of the years named.

AcniCtXTURAL BURE-^U'S REPORT FOR AUGUST.
,

—We

give

report for August, issued

by the

Agricultural Bureau at Washington, with regard to the

condi"

below

received, the

in full, as

tion of cotton
•-

Wasiiinoton, Angnst 14. - The Angnst returns fo the Department of Agriahuw an average cundition of the cotton crop in the ten cotton States

oilturo

of 95— » decline of
North Carolina
South Carolina

4.

The following

are Stale averages

:

9',

a gain of
a loss of

92,

Floriaa

99,^ "
!t8,
"

Alabama
Missie^ippl

1

,

7
13

"

1

4
6
5

"

92,
90,

"
Louisiana
Teia?
]03,againof
2
'Arkansas
98,
7
9'3, a loss of
Tennessee
6
Of two hundred and ninety-nine cotton counties reporting, sixty. three
reported one hundred, eighty-three above, and one hundred and fif ty-three
!«rted lielow. The condition of the crop is somewhat better than in Aug
:?.
In the northern part of the cotton belt many counties complain of
Kreme hc-tt and drougiil, causing the plants to shed and the bolls to opt n
,

prematurely. Further south the rainfall has been excessivo, causing rust.
Insect injuries at the date of correspon ience were inconsidenible, but later
report«^ to Fioft-egor Itiley, the entomologist, show a considerable local injury
from this source.
William G. Le Due,

Commissioner of Agriculture.
condition of previous years will furnish the neces-

sary comparison for Interpreting the present report.

Sontb Carolina..
Oeorgia

KiasiesippI

99

92

Average

994,000 bales, against 908,000 to

9.

If

the "overland"

as la«t year (3jO,000

same date

last year,

an increase

movement

direct to the mills has been as large
your annual report), then the Noithern mills have

by

already taken 1,291,000 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 50,003 bales, more than was actually necessary to

keep up fall work to the it coming of new crop in ample supply. That croi»
was a tardy one in its early maturing portion. This crop, up to this time,
promises an ample supply two weeks earlier than last year, notwithstanding
the probably small receipts in August. Why do Northern spinners need bny
any more cotton until they can have it from the npw crop ? A-e any of then
80 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 businefs st this
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 ia supposed to be 5,000,000 bales;
a crop which, if it happen to turn out 5X 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.
Sfinkeb.
It is unnecessary to add anything to the above.
Unless th«

takings for purposes other than spinning have increased this

have run into stock. To be sure,
which has so largely increased, is
on the heavier makes, and the manufacture for the home market
but that will not offset
probably runs in the same direction
the decreased consiuuption of cotton through bad business and
year, our mills

certainly

in goods,

;

short time.

Custar,

&

—

The first bale
Memphis August 13.

First Bale at Memphis.

of cotton of the crop
It

was grown by J.

Texas, and shipped by Messrs.

of Bosque County,

Brothers, of Dallas, weighed 520 pounds, and was received

96

95

95

9'i

97

84

K

87

98

:01

85

86

91

tK>

1U4

100

last

93

89

85

102

1C3

96

110

94

1C3

93

90

91

107

102

88

112

95

101

lOO

1874.

1873.

187?.

1871.

1870.

104

92

104

E9

9i

9j
93

106

93

1C5

84

97

18

103

87

96

98

110

92

30

ISO

107

83

95

101

ICO

96

923

92-5

91-6

102'

108

must

movement

the export

1P4

1875.

90

Arkana.ts

Tcnneeaee

August

88

1878.

106

Lontaiana

Texa'

one) appro-

Hunt & Co., of 306 Front street. It graded middling to
middling, and was sold at auction on Tuesday in front of the
Memphis Cotton Exchange. The first bale received at Memphis

North Carolina..

Alabama
'

last

mills 1,288,000 bales.

99

1877.

>

Florida

to

of 86,000.

Levi
1878

I

home

This year, according to your tables, Northern mills have taken from ports

W.

August.

}

to the following timely

Messrs. Editors— Your cotton crop report for 1876-7 (the
priated to Northern

of this season reached

States.

f.

letter

;

8'2,

Ocomia

The August

We

depression in the prices of cotton later on.

994

103

87-9

90

100^

This gives an average condition which is 3-7 higher than in
As, however, in obtaining this

1877, lut 4-4 lower than tb 1876.

by

C. P.

strict

year was on September
from Mississippi.

1,

and

in 1876

on August

33,

both

Thb English Spinning Demand. —The
dian,

in

August

its

14th,

Manchester Guaron Wednesday of this week,
"Nowhere is there any sign of return-

commercial
said:

article

our market. The tone continues fully as dull
and discouraging as at any time within the past two or
three weeks. On the one hand buyers are disheartened by the
absence of any symptom of improTement in the consuming markets, and have, therefore, little motive to pay higher rates (hfux
ing

life

in

;

.

THE CHRONICLE.

178

XXVU.

[Vol.

of too we
The weather is generally reported unfavorable, both extremes
On »nrt
Fourteen counties report an average of ?),
too hot and dry being noted.
before the recent advance.
weather,
as compared with
The
abandoned.
the lowest which were current
acreage
original
per cent of the
and manufacturers, though very [ast year, has been unfavorable. Eight counties report the plant forming and
the other hand, the spinners
important hinnmicff well and eleven counties that it is not, the latter beini black land
an
by
confronted
themselves
anxious to sell, find
The complaint of injury from shedding is general. The present
counties
they were to accept the cur- cond lion of the crop does not conipare favorably with last year, and Jasper,
ady»nce In the raw material, and if
appearance of worms, the boll worm In
and Kemper counties report the
named (July 31).
would either have to cover with Lee
Kemper having done some injury to date
rent offers for any quantity, they
had to deal with during the
New Orleans Department
a margin worse than any they have
speculate upon a decline in
Mississippi not apporlioned to the Memphta
covers that part of the State of
present period of depression, or to
State of Louisiana and the Siatt
the stoppage of 2^^ Mnhiie Catton Exchanges; the entire
alternatives
these
of
The report .is prepared and
of the ^Arkansas River.
cotton instead of the first
o?Vte«i(^soutS
the
through their Committee on
and
Exchange,
Cotton
course,
preferable
?{«ued by the New Orleans
machinery seems in every way the
of Wm A. Gwyn, Chairman, L. P.
composed
Statistics,
and
InformatLn
a decline in cotton) would be an exceed(Acting Chairman), John M Witherspoon, Cyrus
;

latter (speculating

upon

the diminished visible supply of
ingly unsafe step, in view of

BeVie Jesse S. Flower
Bussey, JiSes Mazeiat, Otto Heyn,

Louisiana. -84

cotton."

1

for Aug.
Detailed Cotton Exchange Acreage Reports
Reports
Acreage
Exchange
Cotton
the
give below, in foil,

_We

Aug

for

.

Norfolk Department

(H. S. Reynolds, Chairman, W. D. Rountree
Commlltec on Information and Statistics) issues the fol.ow ng
the fol^wins Countksm mrth
report, covering the StaUo/nrgMa and
Iredell, Burke,
Rutherford. Lincoln, Catawba, Rowan, Davidson,
cSrolina
Stokes Snrrey,
WiTkes Caldwell Alexander, Davie, Forsythe, Yadkin,

The Norfolk Cotton Exchange

R

and

P. Barry,

Wa

,

Bertie, Chowan, Paaquotank, Camden, Currituck. Gates,
ton and Halifax.
North Carolina and Vii^Inia.—36 replies from 31 counties.

Copiah and

damage as

from 33 counties.

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 or even average weather
much of the damage already done will be made up, and a good yield be the
result; but from present prospects we do not look for any considerable
ncreaee over last year.

Savannah Department.
This report covers the State aj Otorgia and the State oj Florida. The report
and issued by the Savannah Cotton Exchange, through their
Committee on Information and Statistics, composed of J. H. Johnston,
Phillips,
J. J. Wilder, L.t}. Young and K. M Oppcnheimer.
Clavius
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 nave been changes ev^ry correspcnSentrepiesents the weather as hiving been excessively hot ; from Southern
Georgia comes the complaint of tco much rain, while 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 quite
a* good or better. The plant was forming, blooming and boiling well until it
waa «toi)ped, midd'e of July, by the drought and heat, but it was relieved by
timely rains, beginning on the 2?th nit.; rains then set in which on sandy
lands produced rust, and on the stiff c ay lands shedding of forms and bolls.
With favorable weather a new growth will start up, but any good result from
same miut depend entirely up<>n the seasons and a late frost. The present

Is prepared

—

yet.

.

condition of tne crop com|>ares 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.

—

much

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 u 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

rain, but It has

period last year.

Mobile Department

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 of original planting abandoned,
not enoniih to be noted. The wefllher as compared with last year is conflict
Ingly n ported; in upland counties the msjoriiy of letters say it is more favora-

'

and in prairie or bottom land counties less so. It is generally forming,
blooming and boiling well In up'ands, but not satiefdctorily in prairie and
bottom lands. In these last the bott' in crop is not good, and in all the counties there is complaint of shedding. 'I he crop as a general thi- g compares
favorably wiih last year, with the exception of shedding and small bstom
crop noted above. Wnrmv are reported a^ having marie their sppearance In
Lowndes, Marengo, Montgomery, Autauga and Ch ctaw conmles, bnt on
date of letters no damage had been done.
ble,

—40

replies

from 19 counties.

t

,

ni

J uly 81.

the commencement of
The weather since July 1 has been good, but from
favorable than during same
the season no to the close of July has been less
in this Si.te an average of
cotton
in
planted
lands
Of
the
year.
wriod last
on account of the long-c<)ntinued rams.
five per cent has been abandoned
blooming and bol ing well.
Siands are about a fair average, and the plant is
year.
Ihe present condition of the crop hardly so gooJ as la=t

Galveston Department
the Galveston Cotton
covers the State of Texas, and was prepared and issued by

;

composed
ffVehano'e through their Committee on Information and Statistics,
Andersoj, J. M. Kirwan, Pat. Fitzwilliam,
of J D. Skinner, Chairmin.!!. I.
Kellner.
Chas.

Texas.— 105

replies Irom 67 counties, dated July 3'.

character of the weather has been favorable in 41 counties and
unfavorable in 2i counties.
2 Nine counties report 10 per cent, one county reports 15 per cent, two
lands abandoned
counties report 20 per cent, five counties report 25 per cent of
in consequence ol
since planting, principally in the northern piirt of the SWte,

The

1.

,

:

extremely wet weather.
..,
j v
.
v
_«..,
been
more
period has
3 As compared with last year, the weather up to this

m

20 counties.
favorable in .37 counties, same in iO counties, and less favorable
poor in 4 counties, and,
4 The stands of cotton are good in 63 counties,
compared with last year, bet er in 38 counties, the same in 85 counties, and
_. „
worse in 4 counties.
,
,
^ ,^,
blooming well,
5 Fifty four counties report the cottcn plant forming and
while in 13 counties it does not form well and is shedding.
conn'.ies and not
6 The present condition of the cotton crop is good in 6i
good in 5 counties, and, compared with last year, 62 counties report the coadltion better and 5 counties wo se.
,

.

NashTille Department
covers Jftddle Tennessee east of the Tennessee River, and the following
Counties of ^ioftamo .-—Lauderdale, Franklin, Colbert, Lawrence, Mor^n,
Limestone, Madison, Marshall, Jackson, DeKalb and Cherokee. The report 18
prepared and issued by the Nashville Cotton Exchange, through their Committee on Statistics and Information, Leonard Parks, Chairman.

Middle Tennessee.—30

replies.

1, sixteen replies say favorable; four replies say unfavorable, too much rain.
per cent lands
2. Sixteen replies say none ; four replies say about ten

Of the character of the weather since July

1.

abandoned.
8.

Of the weather since planting up

....
,i„„
to this period, compared with same time
four replies say less favorable ;

last ye«r. eleven replies say more fa\orabe;
five replies say about the same as last year.

last year ;
4. Nine replies say the stands of cotton are about the same as
three replies say much better; eight replies say not so good as last yeir.
bollin?
and
b'ooming
plant
is
forming,
replies
cotton
say the
6. Eighteen
very well ; two replies say not well, too much rain.
time,
saine
with
ns
compared
crop,
conon
present
condition
of
the
b. Of the
la-t year, fifteen replies say very good, betier than last year ; five replies eay
last
year.
as
not so good
to me
7. The dry weather during the month his been of great advantage
crop, preveuiing the cotton from going too much to weed.
>

cover* the Slate cf Alabama as far north as the summit of the Sand
JConntalns, and M«/oU<>!t^n5 counties in Misnmppl: Wayne, Clarke, Jasper,
Lauderdale, Newton, Kemper, Nesholso, Noxubee, Winston, Lowndes,
Oktibiba, Colfax, Monroe. Chicasaw, Itawamba, Lee, Pontotoc, Prentiss,
Alcorn and Tisbamingo. The report is prepared and issued by the Mobile
Cotton Excbacge, through their Committee on Information and Statistic*, composed of T. K. Irwin, chairman, Julius Buttner, A. M. WUlmarth, J.
C. Bash and S. Haas.

81.

,

Arltansas.—44 replies from 31 counties. Average da«e,

;

Mlgslgslppi.

[

gS,

to 2tth July was reported In almost every section or the
State excessively hot and dry, causing considerable shedding of bolls. From
that date to the 3l9t, considerable rain fell, especially on ihe 28th. Many
ttaoOKbt if rain was continuous that the plant would put out fresh growth,
canslng heavy shedding. No lands have been abandoned in this Stale. The
weather for i he season to date is reported more favorable by forty-one, less
favorab'e by thirty-five, and about the same by seventeen. The stands, with
a few exceptions, are reported good, if any difference a little better than last
year, thou^jh a few counilea 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

Jnij

31,

weather
of the season to the close of July the
5"'soii"e^,„|.|j^^^jjj,^jj^g
ning
freeiP" 'h"
the t,..M.
fields nf
of
sustained through freeing
^^^^ 'sustained
Some njurytotnestindshes been
as fair.
coni
good,
they may be considered
not
though
he whole,
but, on ihe
is
not
bloom
plant
ng
About one half of our correspondents report that the As a general thing the
and forining well; the other half sialo the rever.^e. lands abandoned are of
bSltom croSs are p< or, and a large percentage of the
pait.ally grassy, though much has been done
{his description. The crops are
rains ceased, in many sections. Smith, Claiborne.
to iinprove them, since the
report
the appearance of the worm, but BO
counties
CovingtDn

The weather up

tUs

Moore.

fnrtriiTht owing
flr.t fortnight,
owins to continued
first
cotton since the beginning f
a?em5e of five per cent of the lands planted in
last year, from the begtoSlseaton has been abat.dooed. Compared with has
not been so favorable.

Charleston Department

with, at times, too

L.

..„„„ the
,K„
during

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

Florida. 37 replies from 16 counties.
The weather the past month has been very hot,

M. Frankenbush, R.

Average date
Mississippi.— 133 replies from 33 counties.
July 31.
unfavorable, more especially
The weather since July t has been decidedly rains in most counties, /t
/n

last few days, as
AU renort the weather in July, with the exception ofarethe
reported as having
luiTlne been very dry and hot. Very little of the lands
weather mote
repo't
the
replies
Eight
been plonched up and replanted.
while
fsTonAle tlian last year: two replies report the weather about the same,
report the
replies
Six
favorable.
less
weather
tirentT-«ix replies repo.t the
the stands
ttnds as eood, and better than last year, and thirty replies report
forming, bloomvery poor, compared with latt year. The plant is small, but
up to the
isg, and boiling well. The condition of the crop was not so good
improved.
has
last of July; since then It

replies

J.

from 36 parishes. Average date, July

represent the weather since July 1 as unfavorFifty per cent of the reports
as favorable, the low lands generally siifferitig
able and the same number
?,„m ton miich rain causing the plant to shed. From this cause, also, the
with that of the
cou^itlonatthedSseof July did%ot compare favorably
averages about the sameaslas seison.
same period of last year. Tne sUnd is forming, bloomiijg and boiling well,
plant
the
parishes
Inlbont half the
shedding causerf by too much rain.
hnt the other parishes all complain of
put under cultivation in cotton in this State
Fullv three per cent of the lands
parishes report the appearance of worms, but
hive b\ea abandoned. Several
whole, the present condition and prosnS damage has resulted as yet. On theso favorable as lust season.
not
pects of the crop la Louisiana are

Naeh,
.,
RMkineham, Caswell Person, Granville, \frarren, Franklin,
Mart
Hyde Pitl Oreen, Cartaret, Criven, Beaufort, Tyrrel, WashinRtou,
Hertford, Northamp-

Sonth Carolina.— Condensed from 93

replie-i

Average date,

North Alabama.— 25

replies

from 11 counties.

and
1, twenty replies say hot
five replies say favorable.
Twenty-five replies say no lands have been abandoned since planting.
year,
8. Of the weather up to this period, compared with fame time last
thirteen replies say more favorable ; six replies say about same as last year
six replies say less favorable.
belter
4. Seventeen replies say the stands compare with last yearvery good,
than last year eight replies say not so good.
,tr
, ,.
boiling'
5. Tweuty-ttve replies say the cotton plant is forming, blooming and
very \vell.
,,
cimparea
6. Twelve replies say Ihe present condition of the cotton crop
with sime time last year is very good, better than last year ; seven replies saj
about the same as last year ; six replies say not in as good condition as las'

Of the character of the weather since July

1.

dry

;

2.

;

year.
7.

There has been some complaint of

rust,

which

Is not.

Memphis Department

,
however, general.

'

covers the State of Tennessee, west of the Tennessee River, and the /Wl
Imcing counties in Mississippi: Coahoma, Piinola, Lafayette, Marshall
De Soto, Tunica, Benton and Tippah, and the State of Arkansas north of thi
Arkansas River. The report is prepared and issued by the Memphis Cottoi
Exchange, through their Committise on Information and Statistics, composer
of Sam. M. Gales, Chairman ; L. Hanauer, J. N. Falls, A. M. Agelasto, Jaf
8. Day, R. F. Phillips and W. F. Taylor.

1

AU0U8T

renpooneii.
wiallnr for July very f«vnr«t)lc
nnf»vor»l)li'; S7 viTy»»rin unit cciurtlly dry;

West TeniiPstsoe.— 40
a

f»v.iriilil.\

port

tlio

mod r rat Illy

SI

n

dmi

1(1 III \>i

to 20 lU)!- .•x.-.»«iv.iy lioland <lry: i too irnicli rs'n
Abaiiilnnnl ('/»/"• 3' report none nbsndoiicd. 6 from
Per ciiit. Wtalher
viclniiv, iiv. riii;.ii;;toitiudliitrlct
ah r>|iort Ihnsearoii to clone of ,July much
iril wilfl iim
f,„
more tiivoiiii>l.' ilimi to ilio •nnii' iliilc 1h;7. »5 of which on account of lea* rutn
and warmer wivithor, 1 account of more- ruin li lo»« favorable: i account leta
Votiii:i Slundt and Comparitun
mlii; 8 ri'port aliout muiu.
ralii
t ir.iir.'
lottui maiiclK wry line: :1 ^ood, J moderately Bjiod, 4 not good;
js
>>

il«v-

•

'

ri

«il

rv

1

I«;t. r IS

n«.

1

li,

X

ir

,

:

;

wUh

'

not bo Kood.

Collon Frtilling:
very well,
\\,. re never fomiin;:, blooming and boning belter.
g ri
Bmocl. -»t.iy wi'ii, 1 not well. Vondilion and Vampariton iollA 1877: 6 report
condition,
moderato
1
condition,
good
8
re-pecln,
ilio'
in
all
SS
very
condlllon
poor; ail well cultivated, moetly free of graaa and weed*; about 7 per cent of
report
weeka
earlier;
31
reported
I
woedt;
l«
and
wllh
crauB
In
very
foul
crop
about evue, S not go Kood. MUctleondlllon much hitler than last 5'car;
lantom: 8ec agKn'Kate.
•

SI,

t

Inn

1877, II

about

i-iinif.

.)

W

.

i

i

IHIssiiisippi.— 30 responaes.

North

:

THE ('HHONiCLE.

17. 1878.)

}yt.if/:n- 16

;

n'tathtr: 10 r.i)ott weather for July very favorable, 89 moderately favorable, 3 unfnvorlihle; 23 very warm and generally dry, exceptional llj-ht
(howcrj; i; that first 10 to 16 diya e-tcefflve lalnn, latter 15 to aodaya very
warm and dry. .4ft inilo itd CroiM: S3 report none abandoned. 9 report 1 to 10
Wealhrrfor the Season, Comper cei t, averajlDg to the di»trlct 1 per cent.
parrd iMA 18i7: ii report more favorable—23 on account of Ics? ruin and
warmi r weather, % account of more rain; 13 less favorable—fl account of less
nin. 1 mot* rain, 6 ezceBBivo ralue In May and Jnne and dry weather In July;
I
Cotton Stands and Comparifon with 1877
4 report weath.r alx)ut »»me.
reporta atanda very flne, 38 good, 8 moderately good, 1 not good; 28 much
better thin 1877, It about aame, 5 not so good. Cotton Fr'iuing: 1 reporis
forming, blooming and boiling was never better, S9 very well, 18 moderately
:

Condition and Comparison withW,: Sreport condition of crop very
fine, is good, II moderately good. 2 poor; 31 report well culilv.ited, free of
gnus and weeds, 8 per cent of crops very foul with grass and weeds; crop 14
days earllvr: 28 report condition niuih better ttiau 1377, 8 about same, 6 not
•0 good. MUcfltanfout; See aggregate.

From the foregoing It would appMr that, compared with laat
year, there has been a deertan of 0,000 bales in the week'* shipinoutH from Bombay to Europe, and that the total morement
sinco January 1 shows a tUnreoM in shipmentii of 108,000 bale*,
compared with the corresponding period of 1877.

GuNNv Bacis, Baooino, &c.— Bagging has not been very active
during the past week, but there has been a fair trade demanid,
with morn in(|uiry at the close. The sales have been moderate, In
all 1,500@2,000 rolls, at lOJc. for light weight and llic. for
standard, and those flguros are stillquoted by holders.
Butts are
not coming to hand to any extent, but the demand is not large,
and the stock is ample for all needs. There have been sales of
several hundred bales during the week at 2|@3|c., as to quality,
and the market closes quiet, Ijut steady, at above figures.

Thb Exports of Cotton from
York this week show an
increase, as compared with last week, tl e total reaching .1, 100
bales, against 3,203 bales last week.
Below we give our usual
table showing the exports of cotton from
xo -k, and their
direction, for each of the last four weeks; also the total expor*4i
and direction since Sept. 1, 1877; and In the last column the total
for the same oeriod of the previous year:

New

New

zportaoiCottonC bales) rrona New York aloe* Sept.l,

responuea.

The weather i« reported very favorable by^!, moderately favorable by 7
warm and generally dry, 4 of whom mention showers during flr^t
None
1 reports Urst two weelis being very wot, last two dry and hot.

laW
Sima

wtmm. niDiMa

BXPOBTSS TO

well.

North Alabama.— 9

179

Liverpool

July

July

24.

31.

3,318

5,693

3,318

Totel
to

period
prev'iu

date.

year.

14.

Other British Porta.

Total to Gt. Britain

Aug.

Anr.

5,695

651
100

S,10«

6:4

5.108

830 360
5,837

34S.97V
83,43i

336,117

881,<U

9,544
lis

9,863

8 report

week

;

ot the crops have been ubaudoned. 7 report weather more favorable than last
year, on accoant of less rain, and warmer. Temperature; 2 Ie?^s favorable on
account of rains In IHay and June, and excessive drouth of July. Stands

r<ported very Une by I, good by 7, moderately good by 1; 4 report much belter
than 1$77, 4 about the same, 1 not so good. 7 report forming, blooming and
Of cndition, 1 reports very flne. 7
boiling very well, S modt-rately well.
good. 1 moderately good S reiiort well cultivated, free from grass and weeds;
6 report much better condition than last year. 3 about same.
1 very grassy
Rust is mentioned by 4, but without serious damage 3 report crops 20 to 25
per cent better than la»t year.

Havre

218

Other French porta.

Total Preneli..

118

Bremen and Hanover

Hamburg
Dther ports

;

9,659

«,36S

10,718
4,986
lyjsoe

15,019

1.8n
18,<1«

;

;

Arkansas— 43

responseg.

Wt'athir : 12 report weather for July very favorable, 2.5 moderately favorable.
6 unfavorable, 3y very warm and generally dry. 13 first 10 to 15 days excessively wet, latter 15 to 30 days very warm aod dry, 5 too much rain throughout,
Abanfjoned crops: 31 report none abandoned, 12 report from 1 to
4 no rain.
:10 per cent abandoned, averaging 2 per cent for this district.
Weath'ryor the
:-t>« compared with Ie77: ti report season to close of July more favorable
-n 1S77— 21 on account of lees rains and warmer temperature, 1 account of
:n^'re rain
15 less favorable 8 on account of more rains, 7 excessive rains
Cotton
in May and June and drouth of July; 6 report weather about same.
Stands and Comparison with 1877; 27 reiwrt good stands. 14 moderately good,
Snot good, 17 much better than 1877, 16 about same. 10 not so good. Co'ton
Fruiting: 1 reports the totton formini?, blooming and bollin^g never better, 29
Tery well, 13 moderately well. Condition and Comparison with 1877; 5 report
condition very flne in all respects, 17 good condition, 18 modeately good. 3
poor, i*2 well cultivated, free of grass and weeds; about 10 per cent of crop
seriously overrun with grass and weeds; crop reported
days earlier; 23
report much better than 1877, 11 about same, 9 not 90 good. Miicellaneous:

—

;

Total to N. Europe.
paln,Oporto&Qlbraltar*c

AOOREGATB — 125 Responses.

Total Spain,

Grand

Jke..

Total....

This
week.

New

Orleans..

Florida
3'th Carolina
S'th Carolina.
Virginia
Ports
North'
Tennessee, Ac

.

"96

103,«0

eo'.oib

5
145

14,0C0
144,0r6
5,778

'136 107.644
249 110,564
17

"48

41,838

this year

2,753

942,t>3g

383 J44,828

315

73,194

Total last year.

4,461

935,181

346.708

41

64.011

Boston— 10

1878
1S76

1,0<)0

l,0O(J'287,0OO,3^<i.0OO

7,000 373,000 40:1.000

2,0<W

2,(K)0 526,000l3i<l,000

073,000
776,000
872,000

4.0001

165 112.5f5

Liverpool, per steamers City of Montreal, 816.. Krin,
Scythia, 46ii....per ship
619... Celtic. 885
.
5,10«

Hooper, 205

Liverpool, per steamers Istrlan, 73

NewTork.

17T

Total

Below we give all news received
carrying cotton from United States

form
Total
5,10«

6,106

Boston

277

277

6,383

6,388

to date of disasters to vessels
port?, etc.:

(Br.) Five boats, some sails, masts. &c., saved from the wreck of the
Bleam'hip Idaho, from New York for Liverpool, before reported, wertf
to be sold at auction at Kilniore, July 2!st.
Marie Frkdericke, ship, (Nor.), from New Orleans for Liverpool, which pat
into K -y We-t, June 17th, leaky, w»< discharging Auvus: ISih.
Cari. Gkoro, bark (Oer.), Stnrer, from Cnarleston, S. C. cotton laden,
before reported, was driven ashore July 23d on the Estonian Coast.
Narva, by a heavy N. W. gale. It was slated on the 14th that the vcMal
was making water and that the cargo was damaged,

Idaho,

(^tton freights the post
Liverpool.
~ "
SaU.

Steam,

week have been
,

as follows:
Bremen. , <-Hambir|t-i
Havre.
Steam. Sail,
Ball.
Steam. Sail. Steam.

— —

—

.

.

c

—

.

c.

e.

c

c.

comp. H
\ comp. —
H cp. -ax 11-16
^ cp. —^'i 11-16 comp. X a comp. —
11-18 comp.
X comp. —
16-<I4 comp.
X cp. —«,"< ll-I*
comp.
comp.
16-84 comp.
K comp.
X cp. —®X
—
comp.
13-64 comp.
X
X cp. —ViH 11-1*
11-18
comp.
comp. —
cp.
comp.
1^
15-ai
—OK
X
Friday.... -<aX
X
Cable ,FBOX ....
LlVEB10—3 P. M.— Bi _^„„,
Liverpool, Aug.
-„
d.

—^X
Monday.. —®i
Tuesday —aX
Wed'day. —9iH
Thursday — 3!i

d.
16-64 omp.
16-64 comp.

c.

.

Since
Jan. 1.

844,000
990,000
nRB.noo

825 151,953

Liverpool.

Recclpt.8.

2.000
2.000

-

6,333

Saturday.

3,0001 4,000

9;7»

The particulars of these shipments, arranged in oar osnal
are as follows

—

Week.

45,»M

Total

15o.\inAY SilirMKNTS.
According to our cable despatch received
vday, there have been 1,000 bales shipped from Bombay to
ireat Britain the past week and
bales to the Continent;
wbile the receipis nt Bombay during this week have been 2,000
bales.
The movement since the Ist of January is as follows.
'I'hese are the figures of \V. Nicol & Co., of Bombay, and are
ronght down to Thursday, Aug 10:

This

i

268 wisii
3 19.175

(•75....BritJinic,
Idonione. 1,615

'<.
IlO!js: 6 report hogs in better condition than for many years, 71 very
)0d condition, 37 fair, 11 po^ir ; the laitrr two classes neeaing corn ; 33 report
by dis-aiies. averaging to the entire department 4 per cent loss, which
- a very great improvement on last year
a', this date.
1'). Latior: 6 report i iborcrs working hitter than ever, 102 working well,
14
loderaiely well, 1 not well. There is
ome complalm, of havin:; laid by
r..n« loo soon, especially in Arkansas, where politics a e becoming attractive
) laborers.

1.

I, -231

S«,18S

"w

109,397
65,264

New York— To

'.^ses

Total.

*.m

267 25,680

So far as ili- Southern ports are concerned, thee*
5,383 bales.
are the same exports reported by telegraph, and published in
TaB Chronicle, last Friday. With regard to New York, we
Include the manifests of all vessels cleared up to Wednesday
night of this week.
^^tti ba'ai.

suflTering for rain.

nent.

20,345
8.310
30,980
8.246
2,-92
914

—

;

Clontl-

BALTIXOBS.

SHIPPING News. The experts of cotton from thb United
estates the past week, as per InteU mail returns, have reached

,;

Great

1

,

11

ToUl

-

Shlpnienta since Jan.

427,128

SJ3

Foreign

same, 18 not so g ><)d.
5. Crjtion Frui'ing: 8 report that cotton crops were never forming, blooming and boiling better ttan this season, 82 very well, 31 moderately well, 1
not well.
6. Con4itioi of Crop and Comparison with 1877: 16 report very flne condion in all respects, h5 good condition, £8 moderately good, 6 peor conoiti n;
repoit well cultivated, free from gia^s and weeds, 30 crop very grassy, aver:ijing 8 percent of crop seri lusly in grass and wee-s; 82 repoit crop much
better than last year, 2i about same, 17 not so good.
7. MlsceUaneous : Under ihis heaa there is general complaint of Ihedevelopit-nt of rust throughout this ettire department, the result, as is supp ised, of
:.epastl5to 20 days of excessive dry, hot weather; two localities report
ops as having almost lo-t or fast los g foliage the balance leport damage
' yet not material, but express much aiiprehcni-ion.
It may be added that
om reports subsiquent to our corre-poudence that the malady is fast
^.reading, wl h apnruhtnsions (not without good renson) of iucreasiitfi;.
8. Corn Croim : 27 report that early pl-ii.ted corn crops are very fine, 74
good. 21 fair ; late planted, 79 report condition lair to good, 46 poor, not well

,
Total.
Britaln.

1.

210,391
87.461
117,202
&'.7CI0

m

;

Gre.it Coiiti
Biifii., neut.

Sept

'347

;

week
_ ^

395,574

5,106

750

This Since This Since This Since
week. Septl. week. Septl. week. Septl

Hoblle

;

Shipnients this

4,784

BOBTOH.

j

Since

1,832

Savannah

pariment.

and

4,788

3.262

3,318

nw TOBK.

aacs'Ts raoM

3. Wtothtr Compared with 1877 : 73 report the reason to close of July much
more favorable than to same date 1877, 69 of which on account of less rain and
warm temperature, 4 account of more rain and warmer 31 report less favorable 8 for less rain, 11 for more rain and 18 for excessive wet In May and
June and continued rtrouh in July 18 report weather about the same.
4. Cotton .icaiids Comp j>ed with ISIT. 6 report extraordinary Hue stand",
90 good. 24 moderately good, Snotgoo^, 71 much b, Iter than 18:7, 36 about

cnitivHted

2,893

are the receipts of cotton at New York, Boston,
Philadelphia and Baltimore for the oast week, and since Sept. 1, '77:

;

i

4,011

The following

1. TlVeather: 35 report the weather for July very favorable, 75 modera'ely
favorable, li unfavorable; 50 weather very waim and generally very dry, with
exceptional light showers; 43 report that Hrs. 10 to 15 days were excestiv-ly
wet, with latter 15 to 20 days very hot and dry 7 report too much rain entire
month; 8 much damage from drouth.
-, Cotton A/jan'Ionid :
98 report nore abandoned, 27 report 1 to .30 per cent
abandoned ou tccount of grass and weeds, averaging l>i per cent of crop of

this d'

31,563

2,890
2,393

All others

U

See Aggregate.

44,910
2,330

,

'

POOL.— Estimated

sales of the

day were 7,000 bales, of wludi

:

:

;

:

:

sales
were for export and speculation. Of to-day's
movement is given as
5;350 bales were American. The weekly

1 000 bales

follows
j

Aug.

July 26.
Bales of the

week

wliloli

—

siwculators took..

Total stock

Of wliifU Aniorican
Total imiHirt of the week
Of wlifch Auicricau
Actual cxiiort
afloat

Of which American

The following table will show the

Aug.

2.

Aug. 16.

9.

32,000
3,000
26,000
2,000
2,000
5S7.000
465,000
25,000
9,000
6,000
154,000
27,000

38,000
2,000
29,000
1,000
3,000
599,000
482,000
20,000
1«,000
2,000
167,000
31,000

106,000
1,000
61,000
4,000
28,000
617,000
493,000
33,000
21.000
4,000
181,000
42.000

66,000
3,000
45,000
4,000
9,000
663,000
526,000
13.000
3.000
4,000
194,000
57.000

bales.

Forwardi'd
Balt4 Amfriojin
Ol wUoli ciporters took

Amount

dally closing prices of cot ion for the

week:
I

..®6»)6

...®6%

,..®6liiB

.

on the basis

These sales are
otlierwise stated.

..a6?j8

...S6-'8

.®6=8
Mid. Upl'ds
Mld.OrrnB.i. .®6%

g)611i8

Low MiddUng clause,

Uplands,

of

.®69i8
.•S61h8

'"16
..®69l6
.•3'6i
illl,

unless

Satdkdat.

Deliver!/.

August

6»18
6i'32

Bapt, Oct

""

Oot.-Nov

d.
Sliipntent.
n. crop,

d.

Deliver!/.

rf.

Oct

Aug.-Sep»

60i8
6i"32

8ciit.-Oct

69l8

NoT.-Dec,

yi'ss

sail

Monday.
61932'»9l8
8cpt.'Oct.61932®»83'"l8
Oet.-Xov. .6'a-a>"32®'a

AU^.-Scpt

Shipments.

Delitery.

Deliteri/.

August

wheat of 10@25c. per bbl., the most improvement beina; iothe high grades, which were comparatively scirce. Bat tha
offerings were principally from new winter wheat, and the cUo'.cagradea of these were taken freely for export at f 1 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 flal_
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 estimates by accepted authorities of an increased yield for the carrent season, the speculative action which had contributed to the
advance came to an end. On Wednesday, there was a very actire
and buoyant market, No. 3 Milwaukee selling at $1 13i@l IS^
No. 1 spring at $1 20 No. 2 red wiaterat
in store and afloat
|1 13i@l 14 spot, Aug. and Sept., and $1 14@l 14i for Oct.; an*
;

Ang.-Sopt
Oct.-Nov

615.12

8ept.-0ct

6II32

Nov.-Dec.,n.cp.,8l.66i6

6T,8
6oia
6018

Nov.-Dec,

6%

sail

61932®*18

...

Tuesday.

SMpmenl.

Deliver!/.

Deliteri/.

Aog

Oct.-Xov
Nov.-Dec

6>9
6^3
6I3

Aug. -Sept
Sept. -Oct

May-Juno

n. crop,
6''32

sail

Deliver!/.

I

613
61a

8ept.-Oct

I

Deliver!/.

|

61332I Oot.-Nov
Nov.-Deo
e^ia

Oct.-Nov

|Nov.-l)ee

G"i8
61I32

I

Thcrsday.
Deliver!/.

Deliven/.
I

Ang.-.9cpt.

.

Sept. Oct.

..

Deliver!/.

I

6II32
I

Oct

Nov.-Dec

Dec-Jan

69i8
69l6
Ang.-Sept
69i8
8ept.-Oct....6i73„@t.,8

61^32® h

Oct.-Nov., n. crop,
6^8
sail

Nov.-Dec, n.cp,sl,6iis3
Sliipments.
Oct.-Nov., n. crop,

Deliver!/.

Aug

Oct.-Nov

I

6%

Nov.-Dec
6»i8®
69l8®l"32 0oc.-Jan
Friday.

.

Shipmenls.

I

Oct.-Nov.. 61532-l2-l"32

I

Oct

6%

61I32
6i»32
61032

Sept -Oct

Aug
I

Bdropban Cotton SIarebts.

6%
6%

sail

Nov.-Dec, n. crop,
sail

— In reference to these markeisi

our correspondent in London, writingf under (he date of Aug
3, 1878, states

^same

^0rd.4Mld-,,-Fr.*G.Fr.-,,
eal8lacd..is
noridado..l4
Ord.

13
18

17

15X
G.O.

Opland...

b .3-16

oblle...
OrleaDS..

6 2-16
.

19
16>4

— Q.&Flne—.Mid.
n'4

Mid.

6 7-16
6 7-16

ti)i

lEX

G.M.
6,'^

«!«

6X

6 11-16

li!i

6

6 5-16

6 S-16

6X

7)i

G.M, M.f.
6J<

6H.
6J<

67<

6',,-

6 5-16

tlie

6 11-16

transactions

in
on

:

r-Taken on spec, to
bales.
109,360
I.1,>-7J

aryptian.*c. 2I,;90
W. India, &c. S,3>,0
B. India, Ac. 23,6:0

ToUl

1«fc

IfWfi
1876.

IB-y?
1877.

bales.

bales.

bales.

119,450
S0,040
Sj.StO

1:4,5,0

69,487
3,7.6
11.956
3,766
93,783

470
J<t,«50

173,530

r-Actnal eip. from
Actual
Liv., Hull & other exp'tfrom
ontports to date-

this date-.

1RT7.
1877.

is?.'*.
1873.

American

195,170

1,0(10

15,IS0
480
81,930

153.810

last,

wheat in

hgher

To-d«y, a load of N'>_

State for Sept. at 6jc.

1

0.ii()

for Sept. at 63c.

Indian corn was active and buoyant. Western advancing
yesterday to 49J@50c. for steamer mixed on th« spot and for
September, and No. 2 to 50@.50ic. for same deliveries, and there

have been sales of No. 2 at 51i@51ic. for October. The close last
evening was rather weak at these prices. White corn has been
A slight decline
in brisk demand at 5o@56ic. for good to prime.
in freights to Great Britain and somu improvement in essUinge
have favored shippers. Today, lots on the spot were lathee
easier, but No. 2 sold freely for September at SOfc
Oits declined fully

a bushel early in the week, but an acti»ei

Ic.

demand sprung up and there was

a partial rec ivery in valufnu

To-day, No. 2 graded closed at 32c. for mixed and 33f. for whiter
The following are closing quotations

17J,n3

169,21)

ToUl

,

Ex- Specula-

437,4;0

Trade. port
Aiue<lean..balee 62,660
Braalllan
5,840

B^pttan

7,500
(-,.„„
^'^^

Smyrna* Greek
....

800

tlon.
8,830

1,100

6,6W

....

8,750

'

,.,

'SO

Total.

.„

960

6,210

To*^

W.83J

1,860

*M'i

9.480

Average
period weekly salei

1877. 1878
81,690 1,866,.ST0 1,108,780 41,910
13,570
90,69J 201,070 2,7.50
10,850
lSO,6iO
169,420 5,8*0
801
39"
4030 J
4,»-JU
^

s

Xa»t Indian

Same

this
year.

17,620

ggjid
16r,M0

J,_,Q(,>

261,690

-Imporia.-

This

date
1878.

biles

Brazilian

630

3,840

5,550

This

21,424
2.714

1,66I,W6
9!,S41

ij.jsj

112,6!i8

16:, 18)

492,760
38.510
15,890

8

1.205
23,36

93J

450
8,121
61,520

21,760
60,560

616,980

936,860

g,6)4

195,028

30,8:0
245,157

*Ot<»l

38,863

2,037.003

2,276,068

sl^iio

date Dec.

1877.
1,664.972
8:3,551

714

6,180

Same

date

^est Indian
Sistlndlan

6,;J30

-StocKs.

~ fame
To

'.

Smyrna and Greek

187
31,190

810

27,990 107,360 1.753,660 r,749,760 55,160

Tothla

day.

1877.
618,800
116,690
95,920

31,

1877.

213,500
31,360
94,750

1.301

16,010
I

31,930

887,550

BRE ADSTUFPS.
Fbidat.

GRilS.

Floub.
No. 8

bbl.
SVest-

<|^

Superfine State
ern

&

$2 5:® 3

extras

doXXandXXX
do winter X and XX.

.

City shipping extras
City trade and fami y

4 00
4 85

4

05®

4

4

40^6

SO
50
4 86® 6 25
6 OOvU 8 5o
4 10® 5 25

brands
5 40®
Southern bakers' and family brands
5 00®
Southern shipp'g extras. 4 40i^

Rye

flour, superfine

Corn meal— Western, &c.
Corn meal BrViue. &c

IS

53a
10®

3

Extra State, i&c
4
Western Spring Wheat

Wheat-No.3 spring.bosh $1 02®
No. 2 sprinj.;
No. 1 spring

Bed and Amber Winfr
Red Winter No- 8
White

Corn— West'n mixed

J

1

11

13®

1

1

00®

1

14
IS

Hal

1

11*

»
4>
® 47*

08a

1

1

45?}

.

toa

B

5'.®

ST

61®

64

•
»

6ii(0

Oats— Mixed
White

30®

Slij36*

®

— Canada West

Stiite,

®

4-r<»wed

Western feeding
Peas— Canada bond&free

in breadstuff's at this

»

o:*®

1

State

Barley

1

1

do steamer grade
Soathern yellow
Southern white
Rye— Western

6 2i

6 76
4 8'>
3 00® 3 40
8 20
2 60
"
~ 9J®
2
3 00

1878.

.

compared with the correspanding period

"—Sales this week

p. M., Aug. 16, 1878.
^
ihe flour market
was active for export and home conBumption,
and there was an advance in prices of the
products of spring
.

Western sold

of winter

^RECflPTS AT NEW YORK.—

BALKS, KTO., Of ALL DBSOBIFTIOHS.

Egyptian

the spot, and No.

The movement

of last year

Amertcan

The movement

....
..

«)$

.

4S

market has been as

follows

sales and imports oi
year, and also the stocks on hand on

week and

Thursday evening

We»t Indian

considerable portion of the offerinj;e oo,

and Michigan
was exceptionally large last weak. Rye has ruled very firm, witb
a good demand, and late sales include No. 2 Western at G4c. oa>
figure.

—

The following statement shows the
cotton for the

A

Yesterday, No. 2 red winter re-acted to f 1 11@1 12 on the spot
and for the next two months. Spring wheats continue Fcarce,
and are relatively higher th«n winter growths. To-day, the market opened lower, but closed steadier, with large sales of No. 3

do Minneeota patcnta..

6X

'.H
tfi

Since the commencement ol the year
•peculation and for export have been

22
18>f

19

Wi

l-l'/i

rn
7H

Good.

Fair.

Mid.F. Mid.

e^i

BX

date ISIT.-

84

SI
17

L.M.

5X

Brazilian

white at $1 23.

:

—

LiTEBPOOL, Aug. 1. The following are the current prices of
American cotton compared with those of last year

Teiae

1

the spot were not in condition for shipment by sail, and sold to
go forward by steam at l@2c. under sail prices. An unusually
large proportion of the export demand wa.? from the Continent.

2

Wednesday.
Deliver!/.

Ang.-Sept

No.

red winter at |1 lli@l 12, spot and Sept., closing at the

Oct.-Nov., n. crop,

6i''32

XXV IL

fVoL.

;

Monday, Tuesday. Wedu'sdy Thured'yj Friday.

(Saturd'y.

Spot.

__

,

THE CHRONICLE.

180

Of

.

For the
week.

,

Siuce
Jan. 1.

tirao
1877.
),6>1,147

—

Bxpinxs paoM NEW YORK.

Same

373.

For the

w

ek.
46,«3r

-^

Since
Jan. 1.

Flour, bbls. 101,113 2,161,882
1.50?,UI-2
C.meal, "
187,486
4,68J
141,562
3.1113
l.'i5,'<39
Wheat.bU8.1,E63,770 -30,0)9,793 3,').35,763 1,038,319 27,100,231
Corn.
"
860,192 28,461,383 17,401,372
823,661 13,844,669
'•
Eye,
4",3:3 8,ii72,5i8
471,4 6
1.37,170
2,o64.90I
Barley,"
•11,575 •2,6')7.4IU •2,1"6,19'.
500 1,509,193
Oats,
"
363,061 7,526,9 2 5,470,650
95,490 2,035,006
*

1677.

For he
week.
I

..

Since
Jan.

1.-

t,89,3S317.4S1
lli,0«95,185
120.1*1 o,023.«l7
731,9;9 14.hi5.258
31,9-4
8'i6.0.«

29.1114

748.7M

5:1

93,6ia

Including malt

RKCEIPT9 AT LAKE AND RIVER TOHTS FOR THE WEEK BNDIRO
AUG. 10, \H1S, FROM DECEMBER 31 TO AUG. 10,
AND FROM AUGUST 1 TO AUG. 10.
Flour,
bbls.

AT—

(19(1 Ibf.)

Chicago

21,687
21,817

Milwankee
Toledo

765

Detroit

6,6 9

Cleveland
St.Loais
Peoria.

,

8,207
27.0i9
1,0)7

Duluth

Wheat,

Corn,
bu-h.

Oiis,
bush.

Barley,
buab.

Rye.

bush.
(CO lbs.)

(66 Iba.)

(32 lbs.)

(48 lbs.)

(^6 lbfc>

413,851
20,870
642,535
606,079
23,800
384,>50
2,565

2,205,845

609,.iSl

1I5,7W

14..S70

47,1.',0

18,539
lb,065

220,219

17,896
6.608
58,800
161,422
25!,700

....

....

2,094,603

8,921,774
2,516,409
8,267,994
2,487,363

S80
27,000
117.950
216,080

bash.

1.08»
62t

'»»

215

6Ji*-

7,000

8»,'nx)>
I

Total
81,1-31
Previous week
102,231
Corresp'ng week,'77.
95,975
Corresp'ng week,'76.
91,681
Tot.Dec.31 to Aug.10.3,,-363,076
Same time 1877
2,,481,668
Same time 1876. ....3,,113,197
Same time 1875
8,,793,473

Tot.Aug. ItoAug. 10 186,415

Same time 1877
Same time 1876
Same thne 1675

187,826
177,429
160,693

1.933,4-)4

»2i,ano
805,114
38,090,051
12,010,943
27,M5I,092
32,899,025
4,083,064
1,719,423
1,506,956
2,616,317

1,129,3:30

734,487
531,875
388,753

38,360
84,685
23,279
17,31i

83,884

16<,n5
77,1CB

W6

S,316,»i5
67,948,3.36 16,484,798 8,993.
48.376,5,«4 ll,4:iS.727 2,7t,8,131 1,238,118
16,661,667 14,541, 1<2 3.011.673 I,111.29»

29,849,584 11,3:2,283 1,601,911 1,614,608

5,438,133
5,878,939
4,257,319
2,113,065

1,863,757
792,860
701,784
720,914

63,045
48,999
41,234
B6,65S

337,666

29i.at
li:j.877

103,<7<

I

!

i
i

:

AuuusT

'

THE CUKONICLE.

17, 1878.J

AND

aUII'MENT* OP FI.OUR

M' in

n

T,,i

i.
1-.,

TO AUGUST

Ill

1)K<'.

2»,575,.VJI

..i

l..iAii:

10.

inMt,3J7 i,«n,a7i i.Sd.Jsa

ar.Tw.sjfi .'.0,181,771

^I!l

..-.i.-'.ii:

LAKE AND

OIIAIX FrtOM WBSTBIIN

ItlVKIt rOllT-t KKO.M

4i,-n,1Sl

IJ.HIIi.lllO

l,«M,l:S

»9«,-.71l

lU
VM.oia

J,!!:",!!!*

l,DTA,iK>S
iis»,»vO

4a,0;-.l,lW .8.4.11.
*i,oi<»,i(ii! ai.8>i,tiii

!iuo,3iii

BAIL SlIir.MEXTS OP FLOUR AND ORAIN KKO.U WKSTERS L.VKE

AUD
.Week

bblx.

endint:—
Aiik'Uft 10. 1*78.,
Aaj!.!*; H, 1-7J .

iai,«>4

Aiiinii'i Vi. l6Tii.

7».»'l«

Aoxuttll,

IlIVKIt

P0UT3.

bii«h.

t'orn,
bii<h

0>is,
bU4h.

4V.,:i«

SS.I.l.S'l

4111.8.1
SIA,71li

Floor,

IHI.IIiJ

4 b!.t:«

tll,7IM

SWItt.)!

tm,<M
H8,5W

21j,lll»

187}.

Rye,

Bsploy,
bu)*h,
14,510

buith.

S,!|

ns,ii.i8

8.181

l%\iV

S),1I»J

18,161

BHCEIPT8 OR FLOUR AND ORAIN AT SBABOAUD PORTS POK TUB
WEEK ENDED AUO. 10, 1878, AND FK >M DEC. 31 TO AUG. 10
Wheat,

Flour,

At—
New

York.
B,«lon
Porllanu'

•..

bu'b.

bbl«.
101,787
34,138
S.atS

«,lt«

Jlontr.'il

FtalUdolpbla
Baltliuoru

McwOneani

Oaf,

Corn,

ba»h.

biiDh.

l,Mn8J

1,218,'m

4i,IM0

J»!.3W

18.1,7M

<S,'i58

4V. 00

28.0 >7
11,804

907,810
8,088

321I.003
4i.7.10

S 1.000

»i,»'Jt

Sl.iiS4

IHI

Sates of Colombia,.100 Brazil, lUO Britlah
East lodlet, 100; Mexico,
lUytl, 48; and the remainder la
relatively small lots to other market*.
There was a steady demand for all seasonable makes of cotton goods at agents' hand*,
Britain, 080; United

;

O

and

;

;

were made in package and broken lot* by leadPrices ruled very flnii, and aany additional make*
of brown, bleached and colored cottons were advanced from Zi
to 5 per cent, without materially checking their sale.
Four.yard
liberal sales

log jobbers.

brown sheetings were fairly active, and snch makes as Lawrence
LL., &c., were marked up |c. per yard.
Bleached cottons were
In (20od demand and higher In som? cases, and there was k
steady movement In cotton

flannels,

colored

corset

cottons,

which were firmly held with an
upward tendency. Print cloths were in light demand at 3 13 16c.,
cash, for C4x04'8, and Sfc, cash, for SOiGO's.
Prints continued
active aud firm, and there was S fair Inquiry for ginghams and

jeans, grain bags, &c., all of

Birley,
bQ'h.
550

bimh.
81,-280

n,9JJ

1,1150

8,«)0
1.11S

B,500
SIU,«44
417.800
901,100

. .

.

57,8'J8

i"400

'cotton dress goods.

Domestic Woolen Goods.— There was an irregular demand

and selections were mainly restricted to
cLeviots, suitings and worat<d
coatings required by cloth and dry goods jobbers for the compleTotDic lM.\ac.l0.5.O6«R» 46,:7.'i,%5 70.833.814 I2.4til.6!3 2,437,"82 S,fi67.855
SameB time 1.1TT 7. .,S.886.8iO 7,.'SI)4.4S1 50,85.1.56.^ 10,0 W.SW g.OBP,").-).! 7»5,^48 tion of assortments. Transactions on the part of the clothing
S5i,im
..8,413.I4( tJT.UdO.I.M V2,«i8,148 ll,S5!i.64.) a.OOit.HSl
Same linie lti?'i
trade were few and unimportant. Kentucky jeans were much
ai8,U97
lB8,b01
5,(76,578 28,4Jo 857 31.875,714 10,U8J,131
Same time 1873
less active tban a short time ago, and black clo'ha, doeskins,
PORTS
AND
FBO.VI
SE-^HOAIID
STATES
UNITED
FRO.M
CXrORTS
overcoatings, and satinets, continued sluggish. Cloakings, repelMONTREAL FOR WEEK ENDED AUG. 10, 1878.
Oits,
Rye,
Peas,
Corn,
Wheat,
Floar,
lents and cotton. warp beavers were taken a little more freely by
bash.
bush
bush.
bbi».
bu»h.
From—
l,04<,7O!l
94.612
130,583
8,288 jabbers and cloak manufacturers, but selections were mostly
40,617
8.W,1U
New Vork
78,5-26
807
3;0,450
Bo^tcm
confined to relatively small lots.
Wool flannels were fairly
200
fortlaod
10n,S(>J
18,292
i;5,-53
818.691
»,»«
active, but blankets dragged heavily.
Worsted and woolen
Momrei'
Slb.Vii
51.1.W4
8U0
2.090
I*ila<lelphia
dress goods, shawls, felt skirts, and hosiery, were severally in fair
09,052
10,9U 1,102,461
Balliaiore
request and steady at current quotations.
II ',731
130.5S5
181,023
T.val for week..
71,771 2,'0'!,1.58 •?.f6',488
2IJ7,3.i7
55.018
e9,0^6
65,9(18
1,729,480 1.700.948
Foreign Dry Goods. There was rather more animation in
.iVevions week
75,S68
2*.420
81.179
1,50.1,726
1.651 ,001
5»,.J57
Twowe-KMliO
imported goods, but the demand was irregular. Dress goods
101,401
62.904
1,211..551
I,946,0JI
46,288
88,841
Thre.\».fK'»«o....
983,340 1,'J75,5S4
181,765
3J.92.J
13,105
68,741
ffoor weeks ago ....
were in improved request, and black silks and velvets were disThe Visible Scpplt of Grain, comprisini; the Btocka in posed of to a somewhat increased aggregate. Low grade black
f^ranary at the principal poiats of accumulation at lake and silks are firmly held owing to the lessened supply.
Men's-wear
seaboard ports, and in transit by lake, canal and rail, Au^. 10,
woolens remained quiet, and Italian cloths were only in moderate
1S78, was as follows
Barley,
Rye,
Corn,
Out',
Wheat,
demand. Linen and white goods moved slowly, iiut there was a
bush.
bu!«h
bus".
bu h.
bush.
Im Stor» at—
steady inquiry for Hamburg embroideries and imitation laces203.224
6518.736
472,366
62,647
.. 1,126,811
Kew York
33,-O0
26,900
24,000
18,800
Albany
Millinery goods and ribbons were presented in the auction rooms
49.000
8:lH,9'll
8.278
3.627
197.841
Boffilo
3-50 249
119,650
210.397
4*1.879
I,407.9"16
on several occasions, and desira'ole styles brought fair average
Chicago
T.ital

ProTi.irn wei-k

.

.

.

Ci>rrvf(>'n|; week.'TT.

478,457
479.178

2IS.SI3
9)8.480
leO.liW

35!9,:01

ia,40

68.810

9,«00
39,818

45,-}3-J

for mou's-wear woolens,

moderate

of

lots

caseimeres,

36, 233

.

.

—

Itilwaakee

DolBth(AoK.
Toled*.

3)..

...

3K,148

30,021

4 ',6i0

11,K74
318,411

S«li7M

40.911
19,0D3

9

Detroit

a))4,230

2,5-:

08»e2o'

1U).000
2*3,524
116.005
41,n9l

215, oai

17j 301

n.9i4

3.19,757

37,311
17.510
34,165

4-,013
25,572

1(>1,««1

2001409

Philadelphia

2 5.154

3:{6,799

Pefiria
Indi-.napolis

lS9,6-23

KassasCity

98,503

Baltimore
BUI (bipmentv,

6.U),997

week
Lake »tilpmeut«, week

435,395

1,SM,980

Oncanal

417,000

ToUl

57,2r9
29,611
154,4:0
452,146
59^,138
1,817,904
1,318 000

r,'>10

9,928
436

2, -270

6,092,091

6..',90,60!

6,6»,2ri

1878 ..
6.1878...

4,42.5.167

6.612.204
6.6 9,419
6,147,178

4,612,4,33

'.,«74.431

39. 1876...
2;. 1878...

4,911.132

5352.467

6
8,151,399

2,29t),8iil

10,352,-281

1,6-29,185

3,

1878..

.inly

Inly

Jane

4,403,723

13,

..

one
Aug. 11,1677...
-I

8.301.585

.

.

8, 98.3. SI

2,'363

432.941
15 1,699
29.t00

20^966

12,510

6.1,388

2-2|9c6

7^,5^7
1.027.994
1,070.211
1.041,463
1.006,544
1,017,166
1,051,983
1.1 41.832
233,418
1,'

8,400

407,415
866, ;50
271,076
301,860
346,724
3-19,086

318,677
4»4,10ij

453,2^0

* Ealimated.

Fbidat, p. M.. Aug.

movement Las progresaed

16, 1878.

satisfactorily

Reports from the West
are highly encouraging, and a large fall business with that
important section of country is confidently anticipated; but the
spread of yellow fever in some parts of the South and Southwest
will probably deter a good many buyers from making their usual
parcliises, and some orders wore canceled by Memphis jobbers

was made by most

of the leading firms.

daring the week because of the outbreak of the epidemic in that
city.
The cotton goods market has given evidence of great
strength, and advanced prices were made for many makes of
goods, but men's wear woolens ruled quiet and there was some
disposition to yield

concessions on certain styles, in order to

quicken their movement.

—The

:

articles

f

domestic dry goods

Width. Price.

Width. Price.

Amosk^g ACA.
do 4-4
do
du
A.. ..
B.. ..
do
C. ..
do
D.. ..
do
E. ..
do
do

F..

do awning

16

Cordis

SO
15

do
do
do

14
13

IIX
!0>4

..

10

..

15X

Conestoga

do
do
do
do
do
do
do
do
do
do
do
do

prem A. 4-4

is
17

do

B.4-4
ex.. .4-4
ex.. 7-8

16
IS
15
l-2«

GId mdl4-4

CCA7-8

I3«

CT..4-1
Penna. 36

do

aa

12

7-8

AAA.
ACE.

No. 1.
awning.
No. 2.
No. 3.

do
do

No.
No.
No.
No.
No.

do
do
do
do
do
Falls

AAA

32
32
32

:

io"

15
14

Vinnehahi... 7-8

..
..

124

Omega medal.

..

FF

17

do
do
do
do
do

10
10

..
..

..
..

20

IbX
IIX

do

22X

12

S3
32
36

ACA
A

28
25
17
IS

3'j

...

ACA..
.

Palmer
Pemberton AA
do
B
do
E

1-2

J4
13'^
II'X
18
15

A.... 32
A.... 30

18

SO

...4-4

IS
16

Pearl Rive.-

14
13
12
10

do Ah.
do BB
..
do A
IlamiltonBT.. ..
TT. ..
do
do
D
Lewiston A.. 36

do
do

4-4

7-8
do
17
Methuen AA.. ..
22-25
do
ASA. ..
17

..

4.
5.
6.
7.
8.

Width. Price.
Lancaster

16

.

7-8

7X
14

..

ISX
11

Swift KH-er

8X

ThorndikeA.. ..
do
E
Willow Br'k No 1
York AAA.... 38
do
.

134

K....7-8

9
9

.

.

15X
IS
16

Stripes.
«-10

IIX

im

fancy
Bates Cheviot..
Belm'nt Chev't
Clarendon do
Creed moor do
do
Cherwell
33
Century

do

8
14

i:x

Century

OllsBB
8X1 Park .Mills Ch'U

27

Columbian

lux

do
heavy
Hamilton
AA.Chov.
Lew'n
A ...
do

12X1

I

11^

9X

MX

Thorndike.\....

Everett Cheviot

do

do

11V4
10

B....

SX-9X

Uncasville A..
1

UCA.

Whittenton

do

Massabeeic

10-11

AA

10
9

B...

JDenlms.
Amoskeag

16/.
15

AM.
do
Boston
Beaver Cr.AA.
BB.
do
CC.
do
Colnmh'n h'ybro
do XXX hm

S
1-3K
12
lO'/i

15
15

Amoskeag
Androscog'n

Carlton
Everett

IThomdlke A..
t'licasv'e UCA.
York
14
Warren AXA..
BB. ..
do
12X

lOM
1«X

11

11

!«
20

Lewiston

OtiaAXA
do BB
doCC

I

..

Pearlltlver.

.

16

.

Palmer

....

6X

Clarendon
Uallowell Imp.

8

do
brown
Hamilton ....;..

do

14

I

)2K

I

.

u

sat.

Canoe River

»

I

do CC. ..
lOolU Medal...

I

I

Haymaker

....

Corset Jeans.
Ind. Orch. Imp.
7X Nanmkeag
|

sat....

I

Kearsarge, sat...

4

do brwD&blk
Laconia
Manchester,

9X
8X

sat.

Newmarket
Pepperell, bica,.

I
I

1

do

sat.

..

Rockport

8

Suflolk

00
00
50
50
SI 00
25 00
30 00

PtiilaA

Baca.
American

Amoskeag

exports of domestics from
this port to foreign markets for the week ending August 13
Cireat
leached 1,413 packages, which were sent aa follows

Domestic Coiton Qoods.

few

Tlckinse*

Amoskeag

during the
past week, though the volume of business transacted by the
package bouses was not, perhaps, as large as in the previous
we*k. Further improvement was noticed in the jobbing branches
of the trade, and a fair aggrecate distribution of autumn goods
trade

prices of a

American...

THE DAY G0 3D3 T lADE.
The

We annex

.

'889

11^718

ST. 1878...
-luly 20, 1878...

Juy

•,5.>7,051

45,o66
6,482
136

1.4-27

1,812,364
1.357,805
1,419.091
1,510,497
1.580.133
1,617.704
l,i;8.33l
1.586.853

Aag.

prices.
2,055

72.500
7,218

8t.Lon:8
Boston
T<roiiio(Au2. 3)
Montreal (Aug. 3)
..i

3t\0j3

3!i9,403

Atlantic

Caaco
Lewiston
FrankUiirlUe..

Moutuup

SO
19
1»
23
SO
SO

00
00
00
60

00
00

Granger
Ontario A
B
do

do C
PowhattanA..
B..
do
O..
do

20
23
87
3J

do B
do C

SurkA
do CSbiuta
do SX bash

tt 00

8T60

»S0
UOO
86 10
00

»

.

.

—

1

•

THE (CHRONICLE.

182

iBiportatloiis of Dry Uooda.
The ImportatioDB of dry goods at tUia port for the week ending
Ang. 15, 1878, and for the corresponding weeks of 1877 and 1876,
bare been as follows
nrraBas fob ooasoiirrioa roa thb webk bsdiks auo. IS, IS'S.
•18TI

cotton..
do
rlik ....
do
flax
do
MiscelUneoaa drr goods.
.

.

Pkes. Valop.

$436,919
268,95
i

1.104
1,039

444.2I>1

('68

1W.825

1,C42

$472,615
306,918
535.698
2i8,bl3

eoo

109,661

.

165 4°8
3,507 $1,3=5,283

Total

wirmmuwa raoa wabbboosb and thkowb

>!'

Leading Articles from Netv York.

The following

table, compiled trom Custom House ret urns
shows the exports of leading articles from the portof New York
to all the principal foreign countries since Jan. 1, 1878. the
totals 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.
d Sc^^cos^cofAo — «2v3)t£»£^n*'»'9'2,(C^g;c3iweotg:^.oo^5t:STr^ IS
"*

^^T,." ro^wTro

-

lA co'cTlO rr *•

O O r—

.-,

t^^^^Ka^r^rStritti m OcTo

c' oa

-.'l-

4,652 $1,653,625

$1,4'J3,4T9

3,^31

1818

.

Value.
Mannftctares of wool....

Exports

XXV u.

rVoL.

ihto tsb kakkbt DosiNe tbe

ramb pbbiod.

848

»S;5,545

392
230

107,608

420

$280,408
138,408

628
883

..

304,t>02

.-

46

MiBCCllaneoua dry goods.

18t

20t
491
191

165.769
100.729
27,637

105
S85
176

68,181
7a,7iO
63,254
17,516

l,98t
3,831

$712,951
1,493,479

1,557
4,652

1,653,625

5,815

$2,506,430

JUnnfactares of wool ...
cotton..
do
>llk.
flax..

do
do
Total

Addeot'd

•

for

2,0:0

678

94,360
32.354
}814,3'i3

cangampt'D 3,507

$233,816
tS

S w « io 5- S ^ 00 =; *~ ^"A
23 so

"o"

:

efcTo

^,'^**-'".^'^''i*° '^^^P.'^.

$4Sn,487

J;*^^H*>'«"*-0'-'0—
Total thrown oponmark't 5,577 12,201,653

™.1^

"*.^

OS c*

-

'>a

'—**«!««

6,809 {2,134,112

V St
is-

CO"

BBTBBBD FOB WABBH0D8III8 OUBIBS SABS PBBIOD.
$386,385
56,5S1

685
803

165,;J38

184

107,184
34.602

543
18!

$286,501
97,684
176,755
101,63S
44,370

1750,010
1,387.289

1.896
3.8)1

1,493,479

Total entered at the port. 5,848 $2,137,319

5,727

$2,203,435

Mannfactnreeof wool....
cotton. .
do
silk....
do
flax
do
XlecelUneonedr; goods.

978
192
182
908
81

...2,141

Total

Add ent'd for conenmpt'n

3,507

637

312
85

$215,130
52,686
80,9)8
66.515
16,333

1,273
4,652

1,65.3,625

189
10)

$709,946

i It)

tiers

.OiOOC3'7<c-.'W-*0&-f»0«tOOTP
l—

050CWO:Cv-lt-C*!DOi'5*00^_QO

$432,012

t-co

5,930 $2,085,637

-oaoeo
aoooa

•

•

•

compiled from Custom House returns,
hows the foreign imports of leading articles at this port since
7*iiaar7 1, 1878 and for the same period in 1877:
in

*000(0!Ci«0'-<QX-teOTC^'?J

ra

-^

*"i-

*

table,

[The qaantity is given

•

<j'

Imports of lieadlMK Article*.
The following

Oito

it- to TO
fcs

00 eoo

"V
e^

'-^
-en

*

no
o

packages wtien not otherwise specified.]

4»

C

.

wMoooa

Mio

-to

.

11
Since

Same

Since

Same

9 0> (^
•'^Qoo 3i £J CO
•CO A
O 00 £r

Jan.1,'78 time 1877

Jan.1,'76 time 1877

•

lO 9*

•

i>4

•Vro^pep—

•CO
*CT

'?*

China, Qlaas and

Earthenware—
China
Earthenware..
Qlass
QlasBware
Qlass plate
BattoDB
Coal, tons

Oocoa

.

Cntlery
8.031

22,707
144,559

6,467
74,770
15.485
96»,4S9

Coffee, bags

Cotton, bales

3,4l.'i

Omgs, AcBark, Peravlan.
Blea. powders..
Cochineal

Cream

Gum,

12' 821

Arabic...

Indigo

Xadder&Ext.of
011,OUve

Opinm
Soda, bl-carb...
8oda,sal

Bodaash
Plai
Furs

Oanny

cloth

Hair

Hemp, bales
Hides,

31,696
16,289
1,454

7.?22
Hardwaie
22,693
Lead, pigs
20',2e0
Spelter, lbs
15,490
Steel
5,142
Tin, boxes
4,054
Tin slabs, lbs...
29,659 Paper Stock
16,674 Sagar, hhds, tcs.
1,182,716
bbls

2,(63
4,596
2,416
86,851
451
16,826
36.942
39,418
3,06
4,(90
598
2,862
116,353

India robber
Ivory
Jewelry,

27.45:

1,075

Ac-

417,593
1,952,892
511,346
3;,831
637

Chan: pagne,bkt».

55,401

40^753
Wines
3,147 Wool, bales
3,730 Articles reported by
3,4J2
value—
27,450 Cigars
705 Corks

8'J,0OI

62.530
82,205
25,537

Sngar, bis
Tea
Tobacco
18.W7 Waste
11,565

bags.

,&

"..

8.281

Wines,

2,222

Ac-

14,691

Fancy goods

St,45:3

Fish

33.467
3,568

Fruits,

3,621
4,024,

1,814
92,5f2

21,152

$
911,631
.3:4.177

465,340
232,802

Ac-

Lemons

966,345

Oranges
Nats

1.816.861

1,505
381
212,968
64,072

Watches
Linseed
Molasier.

45,425
4t8.t5i
193,359

6,!I6!',887

lT6.43i

172.491

4(16,638
S98,i.l2

Ac-

120,88)
40,597
S83.124
124,040

Ginger
Pepper

4:4'

t
739,6«

708,254
1,177,^60
570^662
6d6,3,8
7,682,531

Spices,
Cassia..

36,4i:!!

•

4

^

«

00

Cork

75,293

Fustic

284,461
29,547

Logwood
Mahogany

458,194
42,660

Same

Flour

bbls.

Wheat

2.461.882

1,651,147
3..^35.726

Corn

"

'
...
"
Bye
BsrleyAmalt"
Oats

.

.

Graas Beed...bag8

Beau

bbR.

Peaa

bush.

Com meal. .bbls.
Cotton
Hemp....
Hides
Hides

Hope

...

Leather..

bales.

No.
-lales.
.

.,

bales,
sides.

Molames. ..hhds.
Molasses
bbls.
Saval StoresCrude tnrp..bbls.
giMtstarp "

Tsr.

.'.'.v.!

"

Pitch

.

'(Ji

.

•

.

tnotowM

«

•9

:

sS-a

•

•

t-

^ O 00 ^5

1«

:S
^i

00

d"

-^

e

5S

CChSODOU

:

.2E;

:

.So^ot^

j;t>.

:2

:

o

1,

-

-^

>-«

;j"

««

.

5£fi

t-

05

ro

:

:

ns,

:

:

s

S«

:

:

:

*

•

•

gSS3

:i|

"s
•

.

.00

s

o

o

o

'

«"
OS

^

f. 1* to

:2SSS :SS
CO

19*

2gK

88,t35
364.756
316,143

:

:5

273,963
21.809
337,510
27,186

"So
S

is

r'-

00^

and

-22

.

Oil cake
pkgs.
Oil, lard... ..Tibls.
Peanuts
bags.

873,9^2

,

*•

.

.tp t-^

.
>

O
—
r-^"soo
to o W-J.O

•H 00 20 j?

1-4

trt

CO

•

iO>^

.
•

Tobacco
Whiskey

hhds.
.

.bbls.

47,380 Wool
. bales.
234.736 Dressed hogs.. No.
16.313

—

10,921

18,174

72,266

709,672

740,187

1,734,9)8

1,825,0.50

819,286
346.518
172,881
86.082
521,853
27,616

558.981
345,509
180,952
25,309

•

a»

e»

•

c a* -n _r
^
Oiy-t

tXi

^

,-( <3«

.-r

CT

*t;;2;tr^2

Same

47,658

gi

0»
t'^.n

2.630
179,240

.S ..««.,

:"iiS

a

O

1,438

I

8.281

eooooioatJO'?#f~'"C

61,.39i

1878,

bbls.

22.461.3-8 17,40l.3r2 Provisions
7,626.902 5.419,6',0
Butter
pkgs.
'*
2,072.503
471,456
Cheese
2,697,410 2,18ti,195
Cntmeats .. "
*'
122.126
TS.SliO
EggH. ...
45,174
46.109
Pork ...... "
457,867
1S2,6)7|
"
Beef
187.436
146,.562
"
Lard
498,6
876.322
Lard...
.kegs.
8.812
4,.'i73i Rice
•'^
'
1)8.660
132,16f| Starch
'•
79.859
86,886 Stearine
60,229
8.'.,S88 jSuu'ar
bbls.
8,674.588 8,597.776 Sugar
hhds.
18
86:1 Tallow
pkgs.
"
118,591
87,974 Tobacco
1,928
49,143
846.796
13.011

-OOO

_

,"1

eoo

•

-

.

,

»^ lo -^ cc

— t- « « J3

a 4j

s'oi"

"

ocpoo

.

.w

.

,-00

•

'-«'

•

-Kt;

«ro

«2
as

g »-oss

5 ;^

-_-.*.-

So

o'-toS

S s"

»-

eo

-

-

Jan. 1,'78 time 1877

4,71i

bush. 30,009,793

'SO
-eoOinQM
o» 00 .3
s- so

rjcow

5

•-O

1,

Since

Jan. 1,'78 lime 1877
8,81:

O'*a0C»3St".-^S0 .Q03S-^ •O'O
c-»aa •«• •cOcein •^—

eOCO

t-'o

94

"S rj_—

o

Receipts or Domestic Produce.
receipts of domestic produce since January
for the same period of 1877, have been as follows:

Ashes
pkgs.
BreadstnSs—

'^ofrH

*

*

Woods-

!,T53
284
822.731

The

Since

—

•t^sf

Raisins
Hides, nndressed.
Kice

4,i02

'SO XO «<

•

Saltpetre

Jewelry

•

&

1,05:

2,94S

512
70,309

410.659
1,374,9S6
626.666
84,335
835

27,3a!<

BO

8,374

664.269
7,201.609
83,378

&c—

Bristles
Hides, dressed..

2,548
334
4,230
717,765

708.035
31,270
615,050
7,030,707
120,9JO

Tartar..

QambUr

cooooo

(OeOQOSOliOOOsOOst's-*
•iO:0 .r»3eo"»0D—
.0ff*»o*-':r:(0'fl'
.030
•O"-* -ooi- ^c- V t- 1- »« eo to V
"-J
aO
'efoon^ oieogo^

Metals, <fcOi—

14,848
3,412

bags.....

eOi(5tOtN,rf3

"g^

«i

'®4-«5oS 0»
O —•
!- I- OO
^ rp Ci '* OS
o*
"o"
iC^'
3
V S5
;^
-"
r-'oo
**

ss'®s:!Q^-^2«"*o>
W CO eo

eo

'

(T*

i

to"

-

-

^-N

o -^ -"

(j»tO

o»"?I
«o;S*

,-ir-.'0

1-'^

^

2.56.6;3

25,6j0

19,54>t

2:3.571

868,869
14,513
647
13,928
61,658
llB.7i4
91.826
121.213
59.626
19,8u7

323,625
12,026
711
12,616
42,826
123,5S6
62,1

«

.2 ""ja

2

u

S
o

i
:

i
.

B

:

:

1-3

•

;r

ag,o
-

:j=4!
:*r'g

a

:

;

'

S

WP50C

•

*

•

jj

-J

C

®® «a

"

O

il-s|l Sss S S S 'S Slv

•

'^

.

:

:

:«
;

97,041
67.813

n

«

.-'

:

-^4

M,467

•"

<««

s M

a

»*'

S S S.SS

g

oi

!>>

a|3|

£

« O Q

ell-

2^^

^

I

August

IHE CllllONlCLE.

17, 1878.j

UKNKHAL
PRICES OUftKKNT.
ASHIR-

»

foi.Crtttcrt

North

*ii

Amarlcan dreaaed
AmerlcaL undraaiad
it*ii«n

BUILUINU MATKKIALtt—

Manila...

M

•

9 CO
; U)
>t OU

Uroton
PlllUcltrlphI*

•
•

4 1)
U OU
UO

2tl

• DC
• ...
• ....
15 W a >0 00
18
^iiOO
PlDf.iililaplaK. box
do iikily Dowd>, oOlil.toc'n.fiKb
• iO
Ollk
V H. It. 98 00 • 49 0U
Alh.KOod
38 00 O 4^ 00
BlMk walnut
7^00 elSU 00
Spraca boftrdi A planltiiCacb
d 28
14
Hemlook board!, eacb
18
Maple
.* M.n. 25 0V • J5 00
« 1 40
jrMM-:o«IUd.ccm.reii.* ib.v keg
5 u
4 3S •
CllBobJx to 8la.4llaiiger
MBne
• 4 9S
Catiplket.iillalzn
• > 8)
bbl.

811

£<»»«- liockl«iid ooinnioa....V bbl.
KuckUiit. nuUhlng..
tvinter-rinr.K'dtO gl.dry V M It.

85

C'<rn<nl-I<'>aiiliai>la

II

0^

'JO

.

'io

...

^8

^l4nU-LU., wh.Ani.p:ire. In oil V >
Lead, wn. Amer.guure dry
Bine, wh.,Amer. ary, Ko. 1
Ilnc.wh.. Amer.,No.l,lnoll

IXC

TH

5
I
•

«
»

,

S
•

Tabe^ooi' to uholoe Btate

Waal n creamery ff'd

to

Vft,

15

20

"

n
Vi
8

\i
IS

"

State ractory,priinetoelu>lee....V>

10

U.LAW.

O.fttl.

Auction.

Sched.
N. Y.
Harbor.

Newhurff.'
St'mb..|« 15
Orate... 3 45
Bgg .... 3 so
Stove... 4
Cli'nnt.. 3 50

Jiilr

Uoboken.

ts eo
13
3

so

3(0

SlitaS 50

8 75

47sas

r.AR.

L.

AW.

Sched.

Port
Joha«t'a.
(3 to

....
....
....
....

SSI

3 15
4 4)
4 kO
5
3 22X
.
...
3 60
centB per ton additional for delivery at

»

:Ai

31.

M

New

York.

COKKKKUlo, ord. car. 60 and 9C days .gld.v n
do
gold. "
do fair,
Kold. *
do
do good,
gold. "
do prime, do
gold. "
Java, mats
gold. "
NatlveCeyloa
**
Uexlcan
gold.
"
Jamaica
gold.

Uaracalbo
L,agaayra
St.

tJomingo

SavAnllla

Costa Rica

gold,
gold

"
"

gold.
gold.
gold.

"

It

14V
!*«
16

y

n

I7X

23
IS
IS

23
13

9
a
a

COPPKKV B.

Bolts

Sbeatbing, new (overt: oz;

.

iiraslers*(over l«oz.)

American Ingot, Lake

16

Am

V
fi

100 D cur
a. gold.

refined

tartar,

Oambler

per

"

gold.
100 lbs.
..

3

cot.

QlTcerlne, American pure
'•
Jalap
**
Licorice paste, Calabria
**
Licorice paste, Sicily
Lloorlce paste, Spanish, solid., .gold

21

26
25
V6

"

1

45

a

22

48
EO

60

4

2.->

1

20

a
a
a

Id

29
29
8

5X
19

a
a
a

50

6 CO
I

1

1

18
65

Qr'd Bk.ft Oeorge's (new) eod.V qtl, a 7S
Mackerel, No. l.M. shore
...pr.bbL 14 00
Mackerel, No. 1, Bay.
..
Mackerel, No. 2 Mass.thore
9 00
Mackerel. No. 2. Bay
12 50
.

do
to
to

I

50
15
21
70
13

«

425

<l :» 00
20 00

a
a

a

11 CO
15 00

a

3 05

.

....

periOlb.lraU >

Layers
Looie
Valencia

Ottrrants

Citron
Prunes, Turkish (uew)
do
French
Pates
Klgs, layer
CHntontiln(;er,wh.ft hf.pots.fi case.
liardtnea, V half box
Sardines, V quarter box
Martaronl, Italian
V ft
DomeAUc Dried-Applet, Southern, sUcod
V lb

do
do
quartera
do
State, sliced
do
do quarters
Peaches, pared, Ua., good to choice
do
unpare'. halves and qrs...
Blaclcbemea(ciop 1378;
Raapherrlea
Cherries, dry mixed (crop 7873)

Plums, State
WBorUeberrtei

Calcutta klpa.deadgraan...
Calcutta, buffalo

HOPSNcw Yorks, com.
good

do

8X

prime

70

tto

15

....a

>Ha

i4Ka
.Vi*
13
4

10
• 5u

•
•
a
a

l7^a
iiva

uxa

1

75

8H
5K
4X
13
8 00

ton.

2
3

3
«
s

.•
21
14
:i

U)

a

a
a
a
a
a
•
a
a
a
•

a

43 UO

LSAU—
Ordinary foreign
Domestic, common
Bar (discount. 10 p.
"
•'
Sheet

V

100 lbs, gold 6

18 00
17

IK)

16 00
73 50

44 00

12
14

6

3
5
4

ex
4
*'A

it

14X
13

U

V >.|Old

3

62W
5
6

a

:o
20

hide, h.,m. &l...,

rough
Slaughtercrop
Oak, rough
Texas, crop

a

i9Ha

21

20
23
23
2s

23

a
a
a
a

Molasses"
**

Nominal.
Nominal.

**

'•

Porto llino
N. O., com, to prime

92
25

"

V

bbl

1

»*

2 25
I 75
27

"
Vgal.

Pitch, city
Spirits turpentine

low No. 2 to good Uo 3
low pale to extra p ile..
wludowglass

**
*•
••

4)
45

87X»

V

2 00
2 SO

a
a
a

1

80

27X

137M» 142X

1 75
1 45
2 50
3 75

N UTSAlmonds, Jordan shelled

lb.

®

30

SS
5

Brazil
Fllherte, Sicily ...

4)1®

Walnuts, Naples

SX@

I'ecan

4>,a

12

8xa

lox

OAKUM—Navy ,tJ.S. Navy & best • B,
OILS—
Cottonseed, crude
Olive, in casks V gall
Linseed, caRks and bblB
Menhaden, crude Sound.,,.,

V

gal.
••

30
1 10

'•

"

Whale, bleached winter
Whale, crude Northern
Sperm, crude
Sperm, bleached winter
Lard oil. Nob. 1 and 2

"

I

56
29
60
53
43

*•

to extra

"
"
"

i'62
45

"

1

S5
iO
57
SO
80
54
<5
90
05
52

CAKE-

(HI.
Clty, thin oblong. bags, gold, V ton.
Western, thin oblong (Dom,)cur **

V

gal.

...

3C5J

a
a

SH

I8xa
II

14X

Pork, mess.apot
,...« bbl,
•'
Pork, extra prime
"
Pork, prime mess, 'West.

10 8S

meaa
Beef.extra mess
Beef ha:iia, Weatern ....
Bacon, West, long clear

10 OJ

3<!el,p'aln

...
....

11 25

.*

a

10 9J

a ....
a ....
a 1111 00
a
.'.0

.«

»

21 53

6-83*

Hama. smoked

12X«
760 a

Lard. City ataam

bond

13H
7-70

..VB.
"

...911OC lb

«•

Ciover, Weatern
Clover, New York Suto.

.» ».

Canary, Smyrna....
Canary, Sicily
Canary, Ouich

@

.,V baah.
V.v'aiok'.

Timothy

'

••

••
••

7S
OO

4

ISO
BOO
• 10

,

...V bnib.

,

,

...

Hemp,

..

foreign
•
Klaxaeed, American, rough.... ....
fi
Llnaecd, Calcutta
B. gold
Uoaeed Bombay
(old.

H

VUa

Vgall.
•

"

V,,..

a
a
a
a
a

W a

•

3 03
,,,,

....

«

IV

M

I4M

U

a
S
a

17 00
8 OO

400
130
4 OO

S 10
...
I 07
8 90

BtortPrica.
I4l<a

16

a

]|

ma
*

|v

sua

low

UK

toxa

a
%
%
^
a

t
](

9
10
....

SDOARInfcnortoconunonrellnlcg....fl B.
Fair
•'

Oood

refining

**

"
Porto lllco. refln., fair to prime "
**
Boxes, clayed, Noa. 10®12
•
Ceiitrlfugiil, Noa. 7®13...
••
Molado
*
Manila, sup. and ex. sup

Prime

SoamOU

<xa
a

7
7 3-16a

••
••

Hard, powdered
do granulated
do cut loaf
Coffee, A. standard

••

offA
do
WhlteextraC
ExtraC

"
•'

8

"C"

••

71,5
jj^a

"

..

bx

»W
7)£
8
-iu

"I

"

9Ha
9Xa
99
8X«
8xa

"
"
•

OtherTellow

?v

9Xtf

'•

"

Molasses sugars

7u

78
72

6Ka
7Uia
7X»
4Ha
6Ha
7Va
75
9V9

"

Brazil. Nos. 9®11
i?.';f«<d— Hard, crushed

(V
7l-T«

%

..

'vi

sS
SX
7V

a

7jJ
7

,,..a

»

B. « lS-16a

TINBanca

gold.VB

Straits

82

a
7!K«
1 SS «
1 70 a
a
a

SS
28
50

Vbzgd.SSO

Myson, Common to fair
do Superior to fine

enr.VX

*

1

40

2 S<J
1 75

40

...

a

1

93

21
34
40

76
2S
35

VB

heavv
"
00m. to

'-*

85
18
37
40
55

Manufac'd. In bond, black work
•'
bright work

14

11

VB
3

Extra, pulled
No. 1, Pulled
California, Spring Clip—
Superior, nnwaahed
Fair

Am. Merino, nnwaahed
Cape Qood Hope. nnwaahed
S.>ath

Texaa, fine. Eastern
Texas, medlnm, Eaatern

..

,— aT«*«

heavy goo.la. .* too.
Beat

gold,

*itoa.

—

a.

a.

...ax
8« a....
30

;a4S

7X»
•
»•J a

.

%
a
a
a
«

I'S

45

Nominal.

Pa. assorted lots, 16-*77
Yara, land 11 outs, aaaorted
Havana, com. to line

WOOL—

a
a

9 28
a 33
a 45
II a
IS
16 a
17
Nominal.
32
17 •
26 »
38
43
£6 a
23
IS a

8
5
10
5
8
73
65

'
leaf,
fine.
Seed leaf— New Eng.wrappeni*?8-'77
•'
do
fillers, 76.'77

23
£^
50

tt

Nominal.

Choicest

«.iI.

''5

18

RT.nnecoOneat

ToLit»»pool:
•».
Coron
• bbl.
rnour

21

83

37
28

UncoloredJapan.Com.tolalr..,,.,
do
Sup'rtofinc
Bx.flnetoflneat
do
Oolong, Common to talr««M*
do Saperlortoflne
do Kifinetoflneat
do Choicest
Souc.A Cong. .Com. to lair
Sup'rtofine
do

American XX
American. Mob. 1 4k
American, Combing

®
a
a

Nominal.
16
80
43

do Choicest
,,,.
Imperial, Com. to fair
Sun. to fine
(iO
Extraflnetoflneat
do
HyBoo Skin. & Twan. -com. to fair.
do
Sup. to fine
do
do
do
Ex. fine to finest ,.,

Oora.blkabga.Phu.
wiia««.uugaba«a..

15^

1

%
a
a

Nominal.

Qnnpowder, com to fair
Snp.tofine
do
do Ex.fineto finest

CREIQHTB—
1J7H

( 00

|8
;5
85

Extraflne tnflneat
Choicest
Young Hyson, Com, to fair
Super. to floe
do
do Ex.fineto finest
do
Choicest

Inga,

3 80

s

do

do

a

141^

'S 75

do

Kentucky

171^

•

Plates, I.e.,
Flatea.char.terne

TOBACCO-

^

•

ijj^g

••

coke

Smyrna, nnwaahed

...

...

'•

English .refined

Bnrry

line,

8EKUS-

iJ'

gold

gal!,

Inferior.

"

8ALTTurk*s Island
St. Martin
Llvarnuoi Aahton*a

V

.

Naphtha, City, bblt

PHOVISIUMS—

Patna. duty paid

...

American machinery
American bermac spring

31 00

a

Cases...
Keflued

Carolina, fairto prime
Louisiana, fair to prime

S
2

,

do

a

PETROLEUM—
Crude, In bulk

IS

,.3

"

Tar, Washington
Tar, Wilmington

ii"

S
S
Z
X
Z
a
M 5

Prlmoclty

gal,

Mus.,refln.gr'd8,50te8l,
grocery grailos.

NAVAL STORKS—

26

""

„.5
Z

TALLOW—

V

Cuba, clayed

27
23

$ )g

a

,,,

a

N,

il"
77,.

l3uZ

(Cal.) dellT. In

Batavla.
e 40

a
e

.9

**

in

73m

4

Bngl1shbllster,2d*lstquallty..**
English machinery
English German .2d 4k lat qnallty "
American bllater
cnr
American eaat. Tool
American caataprfng

3ixa

cur. 3 50

* B

c.)

Uemlock.Bnen, A'rea, h.,m.&1.VIb.
"
California, h., m. & I

.

4

a
a
a
a

16 SO

IS SO
14 50
21 <0

Steel rails, American

Rangoon,

car.

English, caat,3d*Iatqnality VBgold
English, sprlng,2d ft latquallty,, "

I4H
8
17

common

«

""
S

B. gold. St7K» (OO

BTBKL.

btore Prices,
Bar, Swedes, ordinary Bites. .V ton. 130 00 ai32 SO
Scroll
Vlb. 2 E-lOa
5
Hoop, Kx.No.22toldt:Xxl3Al4 "
5 a 2 i<-10
Sheet, Russia
...gold.Vlb
l(iK<a
II
Sheet. single, donbleft tr-ble, com,
4
3)ia
Ralls, American
v ton, car. 32 OO a 36 00

l

100

Pimento, Junatea
Clovoa
do atams

Brandy

V

Pig, American, t,o. '4
Pig, American, Forge
Pig, Scotcn

Neatsloot, No.

| 00

Whlakev

Mexican, sheet

'•

8PRI.TKRf""lgn

•
» Z
•
ti {

4

Alcohol

,,,,

f
« s«
i n)(

100
...

DometUc Uguor*—

IKOB-Plg.Amerlcan.No.l

common

Taatleea, No. 3

Tayaaama, No. 1
Rereeled Taatleea, beat.,
Re-raalad Congoun, Mo. I

Brandy, foreign branda
Kam—Jam., 4tb proof
St. Croix, Id proof
nin
Whiakey, Scotch
do
Irlab

to med..,,

m

8ILK-

BPIBITS-

to

J

W 2
la a

•

Nutmega.BataTUHdPaunt

*'

CarthH|;ena, pressed
NIcarsRua, nheet
Nlcaraeufl, scrap
Honduras, sheet

**

••

Mace

"
car,

£. I.Htock~i*A\. klps.alaught. gold

"
4 CO
19 00

riSH-

BAUUks.Saeaieaa,

•'

do....
do.,,,

Texas,

*•

a

ixa
a S3TX

Klinbarb, China, good to pr....
Sal soda, Newcastle.. V luo lb, ^old

FRUIT-

"

Rosin, strained to good strd.V bbl.
" low No. 1 to good tfo. 1 "

i8xa

**

Shell Lac, 2d & Ist English. V&.cur.
Soda ash
.-V luo n. gold
Sugar of lead, white. prlme.V Ibcnr,
*•
Vitriol, blue. common

ii'

3 75

cur. 4

(lulnlne.

2X

a
^
«xa
5 a

"

cur.
Natgalls,blne iVleppo
"
01! vitriol (66 Brimstone)
(In bond), gold.
Opium, Turkey
PrnsslAte potasb. yellow. Am. .cur.
Quicksilver
gold.

22

a
a

,
87X9

S5
17

••

Madder, Dutch
Mtdder.Prencb, E.X.F.F

12

59
52
29
9
5

'*

Ginseng

California,

100 Il).(ol0

Pepper, Batavla.
do
Blnaapore
do
whfta
Uaaala, China Llgnaa
do
BataTi*
Olngrr, African
do Calcutta

.

do
do
Barbadoes

23>ia

cur.

Cdbebs, Kast India
Cateb

do

ir<l,«a(«d-Uuen. Ay, selected
Para,
do....

Cuba,

a

a

2
3 73

**

powdered

Matamoraa.

Orinoco,

Demerara

C.>chlneal,llon(lurde, silver.,

Cream

28
26

iij^a
20

Caatoroll.K.I.lnbond. VEaL.gold.
90
Caustic soda
3 6i
V lUO n
"
"
Cblorate potash
17 75

Cochlnea! .Mexican

n

a

Blcbro. potasb
Vttcur.
13J^8
fi 100 lb. *•
Bleaching powder
1 40
a
Brimstone, in is & Srds.per ton.gold.24 10 6
Brimstone. Am. roll
1iB..cur.
2Xi

Camphor

n

2 12^ a

**

Aloes, barbiiJO'S

•*
Arsenic, powdered
Blearb.8ada,.Sewcaitle.V100s> "

13X

..a

COTTON— See special report.
DKUGS ft l)YK8—
Alum, lump.
Aloes, Cape

17
16

9
a

*

California,

do...,
do,,.,
do,,,,
do....

p«r

ai

LBATHER-

13X«

**

Corrlontes,
Itio (Jrande,

Crude
Hltrataaod*

Domeatlc,

/>r|r-Bnenoa Ayrea,ieleeted,|il>gald
Montevideo,
do....

Panama strip

lilrerpoolgac cannel
• 8 90
lilTerpoolbootvcaoDel
12 009 13 00
AHTHBACiTK— Tho following Will Btiow prlccB at
iut auction or prfaeot schedule rates:

Penn

UIDKB-

OuayDriull, p'-esaed, strip

(Xft

OOAL-

Sched.

«v

Para, One
Para, coarse
Ksmeralda, pressed, strip......

•){•

"

!
4H«

Juia

INDIA RUBBEB-

OHKKSK—
Weatern factory, g 'a to cbalce..

170 00

Yearlings...

"

oil

WeUli. State, gVl to choice
Weatern da'ry, fairto pr

ai*5 00
a
a *"*
Xmon
*

.*>

Blaal

50

Kastern
Wtsconalo
Old

• 1»

1 TO
Paris wlilto, Kr.t., (Old.... V 100 S. ITC
BQTTBit-IWbaleiaie frlceiJ—

ITT 90

gold.XtOlo
'•

PB

R«flned,pQra

a

45

ton .

fl

Kusala, clean

UHK4Uttr(li''F'll— Sei>ap«i]l*lr«port.

trrict^-Coiuuiaa liikrU,aaaai..V

BALTPKTRB-

VIOO*

ahlon'uv

Itlver

UKMP AND JUl'K-

4M»

».

183

(iUNNIKS.— See report nodarCottOD
ilAY-

2S
35
so
TO

®
a
a
a
«
•
a
w
a
a

a
a
JB a
iO a
U a
2? •
3J a
15 a
II a
S !
j» a
SO
3B

4X
13
SS

7
10

£><
1

30
-3

««

„

SB
IB

43
*>

»
ff
3«

W
%>
*
j.—
US
»
• ii
Jj
w
i»
a

,-—-aaiu-—,
d.
». d.
l5-»4eonn»
....• ....
,...» ....

a.

j*

•

a

—

....
....

:

:

THE (JHRONICLE

184

&

THE GREAT

Co.,

Providence Line
TO BOSTOIV,

cow MISSION MERCHANTS
AND SHIP AGENTS.
ilona Kons, Canton, Anioy, FoocUow,
Shanghai aud Hankow, Clilna.

J.

)
Boiton Agencjr,
KOffBSS,?
UXSTB4L STB«IT. \

MURRAY

M

Sew York
W.

S.

WaTKB

ICO

Jb..
ST.,

N T

MASSACHUSETTS, BHODE ISLAND,

Shanghai

Hong

OOlce,

W.POMEROY

St.,

THE OLD

N. Y.

FOR

5
r.
o i»

BOSTON.

From

laf
ITM,

Company. Also

tickets sold at all hotel ticket-offices
Freight, Pla either line, tahcn at reduced rales.
D. S. BABCOCK, President.
L. W. FILKINS, General Passenger Agent.

:.e34.

&

Olyphant

EAST.

Pier No. 33 North River (fost ;of
j^y street.)
State-rooms and tickets FOP, EITHER LiNE secured
at 363 Broadway and at all oflices of Westcott's Express

COMMISSION MERCHANT,
Fost Office Box

Co.,

O

Konic, Shanglial, Foocbovr
Cauton, China.

and

St.,

New

Mail Steamships^

¥ork.

BETWKKX

&

Co.,

MANUFACTURERS OF

•PEKKIUE, Danre
ViLLE I)E PARIS.

•

SODA.
New

To Havre— First cabin,
cabin, $35

'21.

11

^8, 5

A.M.
P.

M.

;

steerage,

second cabin, * 5; tnlrc
wine, bedding and

$100:

|'.j&—Including

utensils.

York.

To Plymouth, London or any railway station in
England— First cabin, $90 to $100, accor^ilng to accom-

Supplied.

modation

second cabin, $»i5 third cabin, $35, steerage, $27, Including everything as above.
Return tickets at very reduced rates, available

Turner

;

;

through England and France. Steamers marked thus
(•) do not carry Hteer^ge passengers.
For passage and freight apply to

Co.,

I^OUIS

MaoufHCtarers aud Dealers

Broadway*

Atlas Mail Line.

klnda of

all

BI-MONTHLY SERVTCK TO JAMAICA, HAYTI
COITOX CANVAS. FELTING DUCK, CAB COVER
COLOMKIAandASPlNWALL. and to PANAMA and
we, BAGGING. RAVENS DUCK, SAIL TWINM
SOUTH PACIFIC PORTS (via Asplnwall.)
• C. " ONTARIO SEAMLESS BAttS,
rliet-class, full-powered. Iron screw ateameri. from
Pier No.ll. North River.
AWNING STRIPES.'
•

'

For Kingston (Jam.) and

Heyti.

For Haytl, Colombia,

United Slates Bantlnie Companr.
(all iuppljt all

Wldth« and color« alwayi

No. 109

nnane

ANDES. ..

isthmu's" of' Panama
Pacific Ports (via Asplnwali).

and South

...

buperior hrsi-clast passenger aixonimodatlon.
PIM, FORWOOD * f:r>,. Agents,

in ttock.

Street.

No.

56

Wall treet.

lfIi§ceilaneou$i.

Works,

and Amoskeag Steam

MANCHESTER,
Itanclieater, N. Jl

N. H.

G.

MEANS,

m Water street, Boaton

lof

Power, Ac.

&

IshI
Ishlps'

Bro.,

same period

$3,565,890 27

EetuTEs of Premiums and
Expenses. ..$947,923 86

The Company has

the following Assets, viz.:
United States and State of New York

Stock, City, Bank and other stocks. $10,565,958 00
Loans, secured by Stocks and otherwise
1,163,200 00
Beal Estate and claims due the Company, estimated at
617,4.36 01

Premium Notes and
CashinBank

Six pep cent. Interest on
certificates of profits

255,364 02

$14,366,351 66

the outstanding

be paid to the holders
thereof, or their legal representatives, on and
after
Tuesday, the 5th of February next.

The outstanding

will

certificates of the issae of 1874

he redeemed and paid to the holders thereof,
or their legal representatives, on and after Tuesday, the 5th of February next, from which date all
will

The

certificates to be

produced at the time of payment and canceled.
Upon certificates which were Issued for gold premiums, the payment of Interest and redemption
will be in gold.

of Forty per Cent,

is

dc.

on the net earned premiams of the Company
for the year ending 3lBt December, 1877, foi which
certificates will be Issued on and after Tuesday, the
7tb of

May

By

next.

order of the Board,

J.

H. CHAPIdAN,

Secretary.

TBVSTEESs
J. D. Jones,

Charles Dennis,

W. H. H. Moore,

Lewis

purposes manufactured to

Charles H. Bussell,
David Lane,
Daniel S. Miller,

James Low,
Gordon W. Bumham,!

order.

niI.WARD<S HELIX NEEDLES.
400 BROADWAY, NEW YORK.

Charles P. Burdett,

Alexander V. Blake,
Eobert B. Minium,
George W. Lane,

Adolph Lemoyne,
Charles H. Marshall,
Robert L. Stuart,
Frederick Chaoncey,
Horace Gray,

E.R.Mudge,Sawyer&Co
AGENTS FOR
_
Washlnztou itlllU, Ohicopee Mte Co..
,

*

John

James G. DeForest,
'

Elliott,

William H. Fogg,

„„ iiyEf^Y APpro\;ed description °'
LIFE AN D ENDOWMENT POLICIES
,

Curtis,

William Stargis,
William E. Dodge,
Thomas F. Tonngs,
John D. Hewlett,

Josiah O. Low,
Boyal Phelps,
C. A. Hand,

William H. Webb,
Francis Skiddy,

VUlerton New millii,
Atlmillo roiton Mlllr,
Sural osa Victor} Mfg Co.,
Hoderr. Shirts and Drawen
NKWYOuS:'"°^''^°""^">"-B08ToT
• « WHITE «JSjrr.^^^^^ „c.SI^°Ji 8,,
4r W. DAYTON,
CHa8T«cxBTMrp,

1,764,393 63

...

amount of Assets

BB lor

MA«ON & CO.,
-Vo
43 -i.Broadway, Newr Ifork-

Co.,' *

Bills Eeceivable.

nrl.„„,
dges. Derrick Guys.Ferry
'-"
"
Hopes,
&c.
„ large
A
.».6^ stock
constantly on hand Yrom
which any desired length

FLAT STEEL AND
IRON KOPES for Mining

m

have been issued upon Life
upon Fire disconnected
with Marine Bisks.
Premiams marked off from 1st Jannary, 1877, to 3l8t December, 18(7
$4,983,331 03
Losses paid daring the

Rlggmg, Suspension

are cut.

Woolen

2,040,363 81

Also Oai

vanlzed Charcoal and

BiirllniEton

o£E

clined Planes, Transmission

Treasurer,

George A. Clark

its

No Policies

STEEL AND CHARCOAL
IRON of superior quality
suitable for MINING AND
HOISTING PURPOSES, in-

Fire Engine*,

ABESTAS BLOOD, W.
Sapenntenrleiit,

marked

clared

Rope.

MANCFACTCP.EES OF

lOcomotlTes

^

84,710,665 8S

Policies not

January, 1877

A Dividend

MANCHESTER

Locomotive

cember, 1877

Premiams on

interest thereon will cease.

AlBO, AKenta

A

Company, submit the following Statement of
affairs on the 3l8t December, 1877
Premiams received on Marine Biskg
from let Jannary, 1877, to 3l8t De-

Total

DEBEBIAX,

A8:ent, 55

In

COTTONSAILDUCKJ
And

Wed., August

SantelU. .Wed., August

LABKAUOK, ^anglle^.,.. ..Vi ed., ScPt. 4, 11:3 A.M.
PRICE OF PAribAGK IN GOLD (Including wine;;
J

Brinckerhoff,

23, 1878.

as follows

or

&

VORK AND HAVRB.

CalUng at Plymoutli for the landlnj? of Passengers.
Tlie splendid vessels on this favorite route, for the
Continent—Crtbins provided with electric bells— will
sail from Fler No. 4"^ North Klver, foot of Morton St.,

SVPER-CAUBO^ATE
No. 11 Old »llp,
The Jobbing Trade ONLY

York, Jannary

in conformity to the Charter of the

Total amonnt of Marine Premiams. $6,751,03845

The General Trans-Atlantic Coiupany'>
NIB'Ky

John Dwight

Co.

Bisks, nor

CO., of China,

104 \rall

L \

]«

Direct Line to France.

BEPKK8KNTED BT

OLITPHANT &

Insurance
New

The TrnsteeB,

Ist

COMMISSION MERCHANTS,

Kong

Mutual

REIilABIiE

LINE,
STONINGTON
ALL POINTS

Charles E. Parker,
14 Exchanee Place,

JESSE MOTT.

Capt.

m

K.ong,

Watkr

J».. 105

RAY ALLEN.

Capt.

p

from Pier No. 29
»f Dally (except Sundays),
mr. am,
j;„„^ jji^g^ (,(,„( q, Warren street.)
Boston at 7 A.M. No IntermePassengers arrive
diate landings between New York and Providence.
•c
a

Banking Corporation,
Head

ATLANTIC

A FULL NIGHT'S REStToNLY 42 MILES OF RAIL.
The Favorite Palace Steamers:

Hong Kong &
S.

OFFICE OF THE

VIA PROVIDENCE DIRECT.

Agyicy,

POmIroV

Insurance.

Stcam^'liips.

Commercial Cards.

Russell

[Vol. XXVII.

Thomas B. Coddington,

Charles D. Leverich,

Edmund W.

Corlies,

William Bryce,
Peter V. King,
Horace K. Thurber.

V

•.

.A5H^ET5MB|fiO.OOO.OOO.

J.

D.

JONES,

President.

CHARLES DENNIS, Vice-President. ^
W. H. H. MOORE, 2d Vice-President,
A. A. RAVEN, 3d Ylce-Preeident.

"^

—
AnoDST

THE (CHRONICLE.

17. 187b.J

Cotton.

COTTON
SEED TO LOOM.
FROM

1

8

-r

8

&

Ware, Murphy

Co.,

Cotton Factors
:anii

GENERAL COMMISSION MERCHANTS
COTTON EXCHANGE BUILDING,

.

NEW YORK.
Special attaoMoD paid lo

The contents of

this

book are as follows:

lor the

parcbaM or

dallvery of cotton.

iaia

or4«m

ha ezecalloa of
o(

coDtracU for fntar*

made oo coo-

Liberal advaocea

•iKnmenti.

We
we

Map

liavp prepared a lar^e

oottoii (liRtrirt.s of tiiat

among other
made up from original

of India, showing,

The map

country.

is

sources and will,

Knoop, Hanemann &

Introduetorj

— Showing

Co

OO.niniSSlON lUBRrHANTS,

think, be found very useful.

CHAPTER

I.

Bovaas

II.

History of Cotton in the United States from the date of its earliest production,
tracing the progress from year to year, with the inventions which gave the
impulwn to that progress; also a tuble of receipts and exports at each out-port ol
the United States from the earliest records down to 1877, &c.,'&c.

CHAPTER

NKW TORK.

S3 EX'THANOB PLACB,

the Object and Scope of the Book.

CHAPTER
£1

things, all of the

nianelieater

DE JERSEY & COv
W. C. Watts & Co.,

III.

21 Brown's BalldlDx«f

—

India production of Cotton Goods from Earliest Dates Interesting Review of the India
Export Trade in Goods from before the Cliristian Era to the Present lime, &c.
Tlie Monsoons and their effect upon and relation to the Cotton Crop Also, the
past Production of Cotton in India and the present supply, with a detailed
j
description of each Cotton District from which the present supply comes Several
wood-cuts and full Statistics of the Trade, &c., &c.

—
—

m

and LlTcrpooI,

LIVKRPOOL,
toUcttconslgnniffovB of

COTTON

an-,

IdTSQces made on conslgnmeDta, and

CHAPTER

IV.

—

—

affjrded by our frien-le. Meurs. D.

Acreage in the United State? Yield and Acreage by States since 1SC9 Possibilities of
Crops with Acreage given Growth in Acreage illustrated and proved Percentage
of Production and Acreage in Each State, &c., &c.

—

—

ordfnfortte

oarcbase or sale of future (UpmcDte or delUerlfs.

New

Stone street,

SJif.M Baronne

Icformatloft

all

WATTS

Tork. and Messrs. D. A.

Street.

New

ft

Co.,51

OIVKN A

Orleans.

CHAPTER V.
C. Johnson & Co.,
J.
— Cultivation from January tj June— How Land Prepared and Seed Planted COT-ION
BUYERS FOB MANCFACTUREKS
Old Lands being Reclaimed — Early Growth of Plant— Chopping Oirt — Securing
nfKnPHIK, TKVN.
a Stand — Cotton Plant very tender in Early Life and tough afterwards — Its Early
Enemies and Diseases — Crab Grass — Wet May and June — Rainfall, Thermometer,
Chronicle Weather Reports and Agricultural Bureau Reports, from January to
Lamkin & Co.,
June, for 1870 to 1877 — Very important deductions from the weather data, &c., &c. D. W.

Plftoting

Cotton Factors,

CHAPTER

VI.

— Formation of the Bud, Shape, &c. — The Blossom, how
changes
Color and Shuts and Falls — Formation of Boll — Habits of Blossom and
Plant in Relation to Sun — Definition of Bottom Cro^, Middle Crop and Top Crop

Bammer and

Fall

Growth

its

it

its

Cotton Enemies in Summer, Lice, Rust, Sliedding, Boll-Worms, Caterpillars, &c.
Number Bolls to Make a Pound, &c. Rainfall, Thermometer, Chroukxe Weather
Reports and Agricultural Bureau Reports, from July to December, for 1870 to 1877
Tables showing Date of Frost and End of Picking Season at a number of points
in each Southern State for Seven Years Past
Important deductions from this
Review and Analysis of Weather for past Seasons, &c., &c.

—

—

—

CHAPTER

VII.

—
—

VICKSBCRG,

OOniniSSlON

CHAPTER

spondcDce

New York

B.

------

Dana &

JOSEPH GILLOTT'S

STEEL PENS.

IX.

sad fy aU JtaUrt tla'citghmt Ot

—

IIEXRT HERBERT,

Three Dollars.

any address post-paid on

Co., 70

Bank

and Liverpool

This is a very brief summary of the contents of this book. It is a
large octavo volume of over three hundred pages, containing everthing the
trade needs for reference, and drawing conclusions from the experience of
the past, which ought to make crop estimates in the future less difficult
and uncertain.

Wm.

NattoB*)

]fIi8ccllaiieoa§.

OoDsnmption of Cotton in Europe and the United States Some Thoughts on this
Subject which may be Suggestive— Also, full Tables and Statistics Showing Past
Consumption, &c., &c.

.

Carre

solicited.

KxruBENon.— Third and Fonrtli
and Pronr(>Tor. Of Tb» Chkokioub

VIII.

CHAPTER

Will be mailed to

MERCaANXS

NASHVILLE, TENNESSEE.

&c.

Prices of Spots and Futures, for a Long Series of Years, at
Cotton Movement at New York, &e., &c.

Price,

Wheless,

COTTON

—

Ac,

&

McAlister

Special attention given to Splnnen' orders,

—
—

Oatherlng and Marketing of Crop The Influences affecting Market When and why
a Crop will be Marketed Early An Analysis of the Movement to the Ports of Each
Crop from 1870 to 1877, and tiie Reasons lor Delays and for Haste Tables Showing
at Several Points in Each State the Date of the Receipt of First Bales, Arrivals
New Cotton to September 1, &c., &c. Also, Height of Rivers for a Series of
Years. All these facts are so arranged as to enable the reader to form a correct
opinion of the future. This chapter closes with the daily receipts and percentages
of past receipts for a series of years,

iniSS.

Orders to Purchase Cotton In our market solicited*
Refer to Matsrs. THOMAS J. SLACGHTEB, New
York.

&

8i William

5 AuHin Friars, Old

Broad

St.,

hi.,

Smith's Umbrellas.
GINGHAM

,

anytize

GPANAOO.

patented

N. Y.

Lendon.

•!
2
2

SILK, paragon frame

DO
00
90

Pine Silk VmbrellaaiogrestTtrietr.
Umbrellas and Paraaols to order £ repalni*
30 Fulton Street, near Pearl Street
ISO Fnlton Street, near Brotdwaj.
10

receipt of prict.

<

Wtrld.

<

Broadway,

near Pine street.

118? Broadway, near »th street
405 Broadway, near Canal street

Established A.D.I 802

,

;

THE CHRONICLE

VI

Woodward &

Stillman,

P.O.

T6 -WaU Street,

NEW

yOKK.

LOANS MADB ON ACCKPTABI.K
SECDBITV.
made on Consignments.

execution of orders (or
Special attention paid to the
foture delivery
ttaeporciiaae or sale of contracts for

LIVEPJOOL.

176 Pearl

In
Also, execute orders for Merchandise

Company

of lilverpool.

&

Bennet

New

Foulke,

GENERAL

conunissioN merchants.

¥ork.

JAMKS FINLAY &

LIVKBPOOL, LONDON AND GLASGOW.

MUIK

CO.,

^k

CALCCTTA AND BOMBAY.
rnrUKK contracts fob cotton bought
old on commission

In

New York

ano

Special attention given to the execution of orders
for the Durchase or sale of Contracts for Future

New

Pearl Street,

&

H. W.

H.

Farleyi

Boston.

Street,

Felix Alexander,

AUGUSTA, GEORGIA.

Ne«r York.

COTTON.

&

Co.,

Entire attention given to purchase of COTTON on
for SPINNERS and EXPORTERS.
CORRESPONDENCB SOLIOITBD.
References :— National Bant of Augusta, Georgia
Henry Hentz & Co., Commission Merchants, New
York 'William B. Dana & Co., Proprietors Commeb
oiAL AND Financial Chronicle, and other New
York Houses.

ORDER

;

(Successors to

SIOODT & JEMISON),

BANKERS, COTTON FACTORS
AXD

GENERAL COMMISSION MERCHANTS,
No. 133 Pearl Street, New York.
Advances made on Consignments. Fumre Conbought and sold on Commission, In
New YorB and Liverpool.

tracts for Cotton

James F.Wenman & Co.
COTTON BROKERS,
No. 146 Pearl Street, near '%VaII, N. 1.
Established (In Tontine Building)

RICHARDS)

|

Rhlpplns and Commission mercliant
No. 39 BROAD STREET, NEW TORK.

H. Tileston

&

Macaulay & Co.,
COMMISSION MERCHANTS,
22

In

Waldron
(Successors to

&

OENERAI. COTTON IHERCHANTS,
97 PEARL STREET, NEW YORK,
Future orders promptly executed.

In

New York and

S3

&

Co.,

47 Broad Street,

New York.

Geo. Copeland,
COTTON BROKER,

136

PEABL STREET, NEW YOBK

&

Cj.)

Co.)

Morgan &Co.)

CHITTENDEN.
EZRA "WHITE, Esq,

JOH.V

J.

ASTOK,

Esq.

CHAS, E. WHITE, SAM.

P.

BLAGDEN,

MAN.VGERS
Office

54 William

St.,

New

London

(jT

Lnsiiraiice

&

Globe

Company,

45 William
J,

E.

York.

SL

PUESFORD,
Resident Manager,

BEAVER STREET, NEIV YORK.
L.

L^omfnercial

F. Berje,

COTTON BDYER AKD COMMISSION MERCHANT

N E TY

York.

COTTON FACTORS A COMMISSION MERCHANTS

Morgan

Dows &

Esq. (Drexel,

COTTON BROKERS,

ORI,EANS,

iETNA

Sawyer, Wallace

(David

S. B.

WALTER & KROHN,

COMMISSION AND COTTON MERCHANTS,

New

Eq

Liverpool

GENEHAL COMMISSION MERCHANTS
142 Pearl Street, New York.

Insurance.

Street,

FABBRI,

E. P.

Hon.

Liverpool.

Edward H.Skinker & Co.
97 Pearl

TORK:
Chairman,
(B. D.

DAVID D0W8,

COTTON FACTORS

Tainter,

NOURSE 4 BROOKS),

NSW
SOLON HUMPHREYS,

BLOSS & INCHES,

Co.,

Futures executed at N. T. Cotton Exchange

Board of Management,

WILLIAM STREET, NEW YORK.

Commission

COTTON BUYERS & COMMISSION MERCHANTS
60 Stone Street, New York.
Orders

OF

LONDON AND EDINBURGH.

Future Contracts for Cotton bougbt and sold on

1841.

E. O. Richards,
(Successor to A. L.

British

Company
Unitetl States

COTTON BROKER,

Street,

Jemison

North

Liberal advances made on consignments. Prompt
Bersonal attention paid to the execution of orders for
le purchase or sale of contracts for future delivery."

Wm.

Advances made on Consignments.

S.

7,950 01

»6,180,873 16

and Mercantile Insurance

AKD

44 Broad

Special personal attention to the purchase and sate
or •' CONTRACTS FOlt FUTURE DELIVERY " OF

E.

62.20361
144,023 74
12,288 58

CHAS. J. MARTIN, President.
J. H. WASHRVRN, Secretary.

Co.,

•

3,909.

248.865 47

A Dividend of FIVE Per Cent has
heen declared, payable on demand,

COTTON

FIKAIVCIAL AGENTS,
133 Pearl

&

B. R. Smith

Tork.

AND

O Box

08

190.212 60
199,2t6 00

125 PEARL STREET, NEW TORK,

J.
COTTON FACTORS,
COMMISSION MERCHANTS,

P.

8,(,'50,625

Real estate

Delivery.

COTTON BROKERS,

in

»246,n5 25,
2,024,553 00

i

Co., COMMISSION MERCHANTS,

&

ASSETS.

Total

and Liverpool.

Dennis Perkins

00
SO
28
38

$0,180,873 16

SUMMARY OF

Cash In Banks
Bonds and Mortgages, being first lien on
real estate (worth $4.315,000)
United States stocks (market value)
Bank Stocks (market value)
State and Municipal Bonds (marki^i value)
Loans on Stocks payable on demand
(market value of Securities, $324,537 W)
Interest due on St of July, 1J78
Balance In bands of Agents
Issued at this office

New York.

121 Pearl Street,

CO.,

Also execute orders for Mercbandlse througb

nessrs. FIN1.AY,

flrat

Premiums due and uncollected on Policies

Advances made on Consignments to

neura.

NetSnrplus

Foreign Marine Insurance

&

the

$3,000,000
1,795,699
206,131
1,179,012

Reserve for Re-Insurance
Reserve for Unpaid Losses

TOTAL ASSETS

for the

&

St.,

BROADWAY.

135

Fiftieth Semi-Annnal Statement,
SHOWING THE

CASH CAPITAL

England, CUlna, India and Singapore.
UNDERWETTERS IN NEW ORLEANS

oonmssioN mbrchants,
&

NEW YORK,

OF

OFFICE. No.

Condition of the Company on
LEECH, HARRISON & FORWOOD,
day of Julr, 187S.

QENBRAIi

1T4

"

Insurance Company

York.

New York
Execute orders for Future ContracU In
Cotton and
and Liverpool, and make advances on
other produce consigned to

British

Henry Hentz

New

I.a.

HOME

Co.,

P.O. BOX 4964,

BOX 613,

New Orleans,

ttENEBAL COMMISSION MERCHANTS

Liberal advances

Forwood&

Pirn,

GENERAL, COMMISSION MERCHANTS,

BEAMBN'S BANK BUILDING,

NO*. 14

Insurance.

Cotton.

Cotton.

&

[Vol. XXYII.

Insurance

I.

A

.

L^o,

(OF LONDON),

ALFRED

&

3r

1877
87,115,6S1 48
$3,000,000 00
Re-insurance fund. ... 1,741,278 42
Unpaid losses, etc
429,U4 82— 6,170,388 24

PELL,
Resident Manager,

Com pany

OF Hartford;
Total Assets, January

LJnioit Ins.

39 Wall Street

1,

Capital

NET SURPLUS, Jan.
No. 2 Cortlandt

1,

1877..

St.,

$1,946,836 18

New

York.

JAS. A. AliEXANBER, Agent.

R. M. Waters
S4

&

Co.,

RROAD

ST., NEW^ YORK.
made on warehouse receipts and

ADVANCES
HDY AND ^EI,1. cotton contracts and

consiimraents of cotton.
class

investment eecaritles.

flret-