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HUNT’S
REPRESENTING
VO!.
THE
MERCHANTS’
INDUSTRIAL
AND COMMERCIAL INTERESTS OF THE UNITED STATES..
SATURDAY. AUGUST 18, 1877.
25
CONTENTS.
THE
Congress and the Public Debt
English News
Ii8
Commercial
News
149
150
THE
and Commercial
Latest Monetary
147
dends?
The South and Resumption
The Civil War in Japan
and it
CHRONICLE.
What Shall Limit Railroad Divi¬
BANKERS’
Money Market, U. S. Securities,
Railway Stocks, Gold Market,
Foreign Exchange, N. Y. City
155
Banks, National Banks, etc
and
Miscellaneous
151
154
GAZETTE.
I Quotations of Stocks and Bonds. 158
York Local Securities
159
Investments, and state, City and
j New
|
160
Corporation Finances
,THE COMMERCIAL TIMES.
Commercial Epitome
.
...
Cotton
Breadstuffs
164 I Dry Goods
168
164 Imports, Exports and Receipts... 169
167 | Prices Current
170
<£!)* (GtyronicU.
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CONGRESS m THE PUBLIC DEBT.
Partly on account of the absence of other exciting
topics of public discussion, the controversy which has
sprung up among some of the members of the old
Syndicate attracts considerably more of the public
attention than is warranted by the intrinsic merits of
the quarrel. Among its other good results, this agitation
has brought before the public mind some aspects of our
public debt and its management, which might not other,
wise have become so conspicuous until the beginning of
the extra session of Congress. Among the questions
which have been raised, two or three are worthy of
special remark:
The first is
the
necessity of calling in the aid of
syndicate of bankers to furiher the operations of the
Treasury for the refunding of the debt. When the first
Syndicate was formed for this purpose, several years ago,
the public expectations were raised to a very high degree,
a
MAGAZINE,
as
to
NO. 634.
contended that
by calling in the support of
powerful allies in the foreign money markets, the sales
of our Government bonds abroad might be greatly
augmented. Another reason urged, rested upon the
fact that the six per cents which were to be refunded at
a lower rate of interest were
largely held in foreign
countries. As these bonds would have to be paid off in
gold, there was an obvious advantage to our Treasury
in making such arrangements as would empower the
Syndicate to exchange the bonds without the risk and
delay of shipping vast amounts of specie to and fro
across
the Atlantic.
The Sub-Treasury law which
requires all payments of the principal or interest of the
public debt to be completed at the Treasury, offered
great difficulties, as did also certain other legislative
these were, after some
enactments.
But
delay,
settled to the satisfaction of the Secretary of the Treas¬
ury, and the Syndicate began its operations with much
prestige. Several years have elapsed, and while it is
generally acknowledged that the refunding process has
been carried on without any of that disturbance of the
was
money market or of the foreign exchanges which had
been anticipated in some quarters, the complaint is
made that the work has gone on
slowly, and that
expedient must be adopted to hasten the
funding of the debt when the Treasury is once more in
a position to act freely in the matter.
It would be unjust to charge the whole blame of the
delay upon the members of the Syndicate. As we have
frequently had occasion to show, their efforts from the
very first have been opposed by a succession of financial
movements of a magnitude unparalleled in the financial
history of Europe. Still, there remains in the public
mind an impression that better results might have been
gained, especially as France and other countries have
succeeded, since the refunding law of 1870 was passed,
in negotiating immense sums of Government securities,
notwithstanding the obstacles presented by the financial
and political troubles which convulsed the money mar¬
kets of Europe during and after the Franco-German war.
It is inevitable that these views should find expression
in the financial agitation and discussion which are ex¬
pected to be peculiarly active during the next session of
Congress.
Another point on which much is said, refers to the
general policy of the government in regard to the man¬
agement of the debt. Ever since the administration of
Mr. McCulloch, the policy of the Treasury has had two
great purposes in view. The first is the reform of the
currency by paying off and withdrawing the superfluous
greenbacks, and the second is the relief of the pressure
some
new
very
148
THE CHRONICLE
[Vol. XXV.
by lowering the rate of interest and is as favorable a time in the commercial history of this
refunding the six per cents into long bonds at 4 per cent. country as we shall have—just what dividends the peo¬
It was objected to Mr. McCulloch that he neglected the ple will allow a corporation to make and pay. We pro¬
second of these two objects and gave exclusive attention pose, therefore, to attempt to answer some of the ques¬
to the first.
If, however, the history of the Treasury tions our Massachusetts neighbor asks us.
First—What constitutes the market price for labor?
is
examined, it will be found that in a single
We said last week it was no injustice for a company to
year 1200 millions of floating debt were funded,
and that during his tenure of office as Secretary of pay the market price for anything it wished to purchase}
The Repub¬
the Treasury a vast amount of refunding was suc¬ whether it was labor or railroad material.
lican admits this proposition, but asks what constitutes
cessfully completed. Indeed, there is abundant evi¬
dence that the first branch of the Treasury management the market price.
In an ideal world we suppose wages
to which we have referred, was carried on during would always be at least sufficient to enable the laborer
this period with considerable vigor. As to the second not only to obtain the necessaries of life for himself and
branch, there is, we presume, little disposition anywhere family, but also such other things as the customs of
to dispute Mr. McCulloch’s energetic performance of society require people in his rank in life to possess.
his duties under the laws for contracting the greenback From various causes, however, it happens that this
currency with a view to specie payments.
Since the happy medium is very seldom attained, and wages rise
close of Mr. McCulloch’s labors in the Treasury, several above it and fall below it, but not in proportion with
General speculation,
successive Secretaries have managed our national finances the rise and fall of commodities.
strikes and labor unions may at one time unnaturally
so as to give less prominence to the currency reform,
and more to the refunding of the debt.
The belief now force up the price; but a change to dull trade makes
Just as the farmer
is that the financial interests of the country will be best the reaction to the other extreme.
served by taking a new departure, and deferring, for a sometimes finds his sales of cotton leave him no suffic¬
time, our further attempts to refund the debt. By this ient wages to support his family, and he has to grub
means, it is argued, we shall be able to give a more through the winter on salt pork, and little of that, so the
efficient activity to the preliminary arrangements for railroad employe, if he has failed in good years to
resumption, and that the whole energies of the save from his excessive wages, finds in poor times him¬
country and of the Treasury ought to be united self and family in want, for the compensation will then
exclusively on this important object.
Of course, be insufficient to meet his family necessities. We
while the present contract with the Syndicate continues, never heard, however, of a New England cotton man¬
no change can be made.
But, in a short time, this con¬ ufacturer, though very rich, offering to give the
tract will terminate by its own limitation, and it is then Southern planter some addition to his price for cot“
that the considerations we have presented will come into ton, because that price brought his wages below
full force.
In view of all the facts, and of the recent the living point, and he would be set down as in¬
agitation in regard to the Syndicate controversy, there sane if he did. It is just there that the philanthro¬
is, as we have said, some probability that the whole of pist’s work comes in. As a man of business he must
the Treasury policy in regard to the refunding of the give only the market price for his cotton; but as a
Christian employer” he will take his own money—not
debt and the restoration of specie currency may be
reviewed by Congress. Meanwhile, it is important to the money of the stockholders—and everywhere help
remember that the quarrel of which so much has been relieve the distress which the times produce. We should
said, is not among the members of the present Syndi¬ say then that the market price for labor is not and
cate.
It affects solely the former Syndicate, which cannot be determined by the cost of living, but must be
closed its labors last June. The present Syndicate are by the law of supply and demand which is regulated by
working in perfect harmony with each other, and there and kept subject to the average remuneration which
is nothing in the questions above discussed to prevent capital at the time is able to pay. Looking over the
their carrying out their contract with success as long as country with this fact in view, we will, perhaps, be
it iasts.
surprised to find how very nearly, comparatively, the
different classes of labor are suffering—it would seem
WIIAT SHILL LIMIT RAILROAD DIVIDENDS?
as if carpenters’, masons’, helpers’, railroad engineers’*
Oppression of the poor laborer by rich railroad cor¬ trainmen’s and farm laborers’ wages had all been fixed
porations—what could be worse or more reprehensible? by precisely the same percentage of decrease. A few
Admit the premises and there is no escape from the favored industries have suffered less and a few more,
conclusion that the oppressor should be brought to jus¬ but the average is as we have stated. That is what
tice. We attempted last week, however, to question the establishes and what is really the market price for labor,
accuracy of this political war-cry. We think we then and New York Central will be found in no case to be
showed first that in the case cited there was no oppres¬ paying a less rate of compensation.
sion ; second, taking railroads as a class, they were cer¬
Second—Why, in equity, may stock be issued to cover
tainly very far from being rich ; and third, that the few earnings to an equal amount which have gone into con¬
which have survived the general wreck and continue struction ? This question of the Republican covers the
paying dividends, were indebted for their good fortune whole subject of what dividend railroads built by pri¬
to the prudence, wisdom and honesty of the manage¬ vate capital are to be allowed to pay in the future.
It
ment, and the managers were deserving therefore of is not an issue between any individual railroad president
credit rather than discredit. All this we supposed we and the public, but between capital and railroad progress
made clear to our readers ; but evidently we did not in this country.
Note, however, that the question does
make it clear to the editor of the Springfield Republican, not cover the usual system of watering stock, but refers
whom in an unguarded moment we attempted to convert. to an addition of stock to be made, as we proposed last
The subject, however, is an extremely important one and week, only after an examination by a State official, and
deserving further discussion. For it involves the point only to the amount of the earnings that he should cer¬
vital to our material progress—to settle which the present tify had gone into construction. To this the Republican
of the funded debt
“
S ■:*
August 18,
1877.]
THE CHKuNICLR
objects, because “common carrying is not a private
business for which any wages may be charged; it must
be done for reasonable rates.” This objection begs the
“
149
Fiscal
Net
Year.
earnings
before interest.
1854
Dividends on s'.o:k.——,
Bate.
Amount.
$2,114,953
1855
1855
,
...
3,609,481
1,916,483
1,919,564
1,919,564
1,919,564
1,679,782
1,440,000
1,440,000
1,440,000
1,680,000
2,193,850
1,459,460
1,478,460
1,652,220
1,993,310
2,418,780
9 per cent.
8
“
8
“
question. We will grant that“ unreasonable rates”
8
“
1853
be charged, for no one has claimed that the 1859
7
7
Central’s rates have been unreasonable. For the last 1860
7
1861
five years they have averaged lower than ever before. It
6
“
1862
3,748,977
7
“
is not a question of rates—it is a question of dividends 1863
4,051,998
8* “
with “ reasonable rates.” Now, the point is this—shall 1864
“
6
1865
3,093,166
we
6
“
say that hereafter no railroad capital in this 1866
3,533,344
6
1867
country shall pay 15 per cent, as that virtually is
8
1868
:
what the Central is now doing, and to which ex¬ 186S
8
“
The consolidated company as such commenced its
ception is taken. Remember, at the same time, that,
on
the average, railroad stock (without consid¬ existence Oct. 1, 1869, and its earnings and dividends
ering the vast amount lost since the panic which have since then, besides the stock issue, been as follows
was invested in bonds) has only brought the investor to
Sept. 30, 1876:
Net earnings
about 3 per cent in dividends. With such an average— Fiscal
Amount.
Bate.
Year.
before interest.
and with such risks and almost probabilities of loss—we
8 per cent.
$6,861,241
1870.....
$8,295,240
8
“
7,253,742
8,260,817
propose to say to the capitalist—do we ?—that you shall 1871
8
1872
7,244,832
9,131,239
never in any event get 15 per cent for your money.
8
1873
7,136,790
11,484,863
“
8
Who would take stock in a similar enterprise under this 1874
7,136,984
10
8,920,849
1875
11,765,110
limitation ? But again, what reason is there why the
8 ‘ “
7,139,528
1876..
11,922,416
man who invests his money in railroads should not have
We suppose if Mr. Vanderbilt had seen fit to squander
the same possibilities of returns as he who invests it in his
income, as many others in a similar position have, and
manufactures ? The spinner sometimes doubles up his cap¬ was
now fighting off the appointment of a receiver, he
ital several times; the iron foundries have watered their
would be more in fashion and perhaps for a time less
stock over and over again, and so on through the list.
blamed. But we have no doubt that our people on
We do not believe in any system of increasing capital,
second thought will not begrudge him or his stockholders
except where there is substance back of it, but we do a success which has resulted from prudence and honesty
believe that what a corporation justly earns its stock¬
and not from squeezing employes.
holders have as much right to as what an individual
THE SOUTH AND KESUMPI10N.
earns, provided in all cases the public is not harmed by
The Charleston News, which says that, in common
either. In answer to the question asked, we will say
then, that if a railroad direction, instead of getting with other Southern journals, it opposed the Resumption
money by issuing new stock, omits for the time to act, when under discussion, “ foreseeing the shrinkage
divide its current net receipts; and with such net receipts of values and consequent depression that would accom¬
lays down a double track and buys real estate that is pany the inevitable contraction of the currency and such
necessary for its business, etc.—if the direction thus uses preparations for a return to specie payment as prudent
its net earnings, instead of dividing them, then a subse¬ business men would be sure to make,” argues that
quent issue of stock for the same amount would be in our although this loss to the country has been unexpectedly
great, the bottom has been touched, and any step should
opinion entirely just.
The foregoing covers, we believe, all the questions be condemned which will undo what has been accom¬
the Republican asks.
Our country has been dis¬ plished, and cause past sufferings to go for nothing; that
graced in the eyes of the world by the dishonest and the minority who failed to prevent the passage of the
reckless management of railroad property during late Resumption act, “ are now under the cloak of a demand
years. Not all that have failed, by any means, come for the remonetization of silver, working industriously
under this charge—but very many unfortunately do. for an inflation by silver which will be as ruinous as an
New York Central, however, furnishes a remarkable inflation by greenbacks ; ” that they have as allies a
contrast, very creditable to the one who has directed it. swarm of silver compromisers who cite the labor troubles
It began lower down than many at that date. Made up as proof of the fruits of contraction; that the emission
originally of twelve different corporations, some paying of 100 millions of paper or of silver now would stimu¬
dividends and some not, and then uniting with the late trade, but would not make the country any richer;
Hudson River road, which for fourteen years had not and that the South, as the present facts are, cannot afford
returned a penny to its stockholders—while over the to permit further inflation, and is particularly interested
most of the route, from Buffalo to New York, but one in carrying through resumption,
While dissenting from some of these statements—
track had been laid—by economy, prudence and honesty,
it was brought up to its present position. Its dividends particularly those about the injurious contraction pro¬
have never been large up to the time of the issue of stock duced by the Resumption act, and the stimulus which
in 1869, but a constant, steady development of the prop¬ inflation would give to trade—we heartily concur in the
erty has been in progress, to a considerable extent out of general conclusion of the argument, and are pleased to
the fiet earnings. The New York Central Company com¬ find influential journals in the South talking thus wisely.
menced to operate their several lines as’one corporation We stated briefly, last week, the reasons which seem
August 1, 1853. As illustrative of its operations from conclusive against hoping that inflation would or could
that date. to the close of the fiscal year ending Sep¬ prove even a temporary relief to business depression, the
tember 30, 1869, or to.the date of the consolidation of summary of these reasons being that the past cannot be
the company into the New York Central & Hudson restored, and that inflation of the currency would neither
River Railroad, the following table is of interest, show¬ inflate prices nor stimulate exchanges as it once did.
ing the net earnings (before the payment of interest) Yet the idea underlying the following is undeniably
correct:
and the dividends_each year :
whole
1857
cannot
...
...
..
...
...
...
...
...
...
...
...
8
“
•
THE CHBONLCLE
150
The
of the inflationists will be disastrous to
Vol. XXV.
the
existing, and, on the ether hand, the fear of having to
The South has pay them in a dearer one; virtually, they want to pay in
paid the price. The South has seen its produce selling at less an
eighty-cent dollar (these figures being used illustra¬
than the cost of production, and buildings and farms selling at
less than the value of the bricks and fencing. The South is tively without attempting to be precise), instead of in
success
whole country,
and particularly to the South.
unwilling to submit to an expansion of the currency, in any
form, that will put money in the pockets of those who have
profited by Southern distress during the past three years,
and who will be ready to shriek for specie payments as soon as
they have sold, at inflated prices, the property they bought for
next to nothing.
No addition to the volume of the currency, in
silver or greenbacks, will make the country any richer.
The
South comprehends that broad fact. The emission of a hundred
millions in paper or in silver would stimulate trade; but sooner
or later the country must pass through the loDg lane at the end
of which lie specie payments, stable values, and healthy trade.
The end ol that lane is well-nigh reached. Why return to the
■quagmires we have left, when it is certain that, some years hence,
the pain and torment we have borne since 1873 would, in an
^aggravated form, be once more endured ? The South was not
ready for the Resumption-act, but as that act is the law of the
land, and we cannot fall much lower than we have fallen, the
South, the whole country, has more to gain by going forward
than by going back.
If specie payments must come sooner or
later,
we say,
Let them
come sooner
I”
Much of what is here said is true of the whole country,
and yet is especially true of the South, The direct
.
destruction of
the
war on
of property in slaves, the
social and labor systems,
her
own
soil, the annihilation
complete overturning of her
and the mischiefs of recon¬
the
ninety-cent dollar of to-day, and fear the necessity
paying in a one-hundred-cent one. These people
want inflation just enough and just long enough to
of
enable them to unload their stranded investments upon
somebody else.
vidual debts
she has the
resumption.
There
unwise and that its “ enforced
contraction” has been
also
which
really positive why
the South should oppose the inflationists. It is no more
true that she has not run into private debt, than it is
that, having thus far presented insufficient inducements
to capital, her policy now should be to invite and com¬
mand capital and immigration both.
Probably there is
hardly an intelligent white, from the Potomac to the Rio
Grande, who does not see this. Even less than the East
or the West, the South cannot stand still.
She cannot
stay where she is, and she peculiarly needs the influx of
investment capital and industry which will follow, and
Will never precede, the settling down to a stable condi¬
tion, such as resumption will produce. While the ques¬
tion is kept open, the uncertainty and consequent de¬
pression are prolonged, and thus the South, which is
waiting to be re-created, suffers peculiarly. It is, there¬
fore, very clearly her interest to end this trouble by en¬
forcing resumption, although that be put as a choice of
struction, have combined to bear her down. She has
by fire, in several figurative senses, as well as
the literal sense, and, having gone through a practical
bankruptcy, has nothing further to dread from the
direct and still incompleted operations of past legisla¬
tion ; what she needs to guard against is the hurts that
will certainly come upon her if the efforts of antiresumptionists of any stripe should succeed. For argu¬ evils.
ment’s sake, we may admit that the Resumption act was
There
been tried
The South is almost free from indi¬
and from disheartened investors; hence,
less reason, good or bad, for objecting to
are
reasons
are
moment in the
history of the South
so full of promise as the present.
During the past three
years she has learned the great lesson of economy in
production. She has learned to grow cotton at a low
price, although she formerly became poor in growing it
at a high one; she has learned also to grow a large crop,
and its position in the world’s markets was never more
favorable; and she has in a great measure conquered
the difficulties of the labor question. All this is so much
preparation for the change. Furthermore, in just the
extent that she expects to take a position hereafter in
foreign commerce, it is for her interest to exchange the
present non-exportable currency for one common to all
nations. In a word, it would seem to be true that she
has nothing to lose and everything to gain by resump¬
tion. Hence, we hop^e the News is correct in its confi¬
never was a
widely injurious. Such an admission would not impair
the argument for resumption, because the point is, that
whatever contraction may have done, it is all past now
and nothing remains but to make the best of the exist¬
ing situation. Suppose contraction under the acts of
1874 and 1875 have brought down values, here is the
point: those values are down now and it is utterly
impossible to inflate them again by attempting to reverse
the contraction process; further, the only way to tone
up and raise those values is by reviving confidence and
with it demand; yet again, this last can be done only
when a stable condition is reached, and that will be only
on the hard-money basis; and finally, a revival of busi¬
ness, thus reached, will stop the “ contraction” of idle
money,, but otherwise that contraction will probably dence that “ the South stands hard and fast for a
proceed further yet.
compliance, to the letter, with the terms of the Resump¬
It is unnecessary to expand argument upon these tion act.”
propositions,.which sum up in this position, which the
News understands with gratifying distinctness: through
THE CIVIL WAR IN JAPAN.
war-consumption and currency inflation we have come
to where we now are; it is impossible, even if it were
Conflicting rumors continue to reach us regarding the
war now understood to be raging in Japan.
civil
desirable, to get out by following the same path; if we
We
have
time
to
time
been
told
that
the
from
try that path, we injure ourselves and fail of success; if
Imperial
sit
still
to
we
and wait
“ grow ” out of the trouble, Government had so completely restricted and localized
the rebels that the insurrection was
we wear out and waste away, and then have the work the action of
the
to do all
same; hence, the wise course is, to do now practically at an end.
These assurances have uniformly
what some time we must do, arise and march out through been followed by accounts of fresh and somewhat
the straight and narrow way.
alarming demonstrations on the part of the insurgents,
The South is peculiarly in a condition to do this, for and the impression has been left upon our mind, in spite
the further reason that she is comparatively free from of the assuring evidence to the contrary, that the insur¬
private debt. It is certainly not an accident that the rection, if held in check and limited to a particular part
strength and aggressiveness of the inflationists are of the empire, was certainly not extinguished. The
greatest in the West, where the burden of private debt meagreness of our information, in fact, regarding this
is greatest. With the rank and file of the silver men, as civil war, and indeed regarding everything relating to
with the greenback men, the moving spring is the idea of the interior of Japan, shows how very slender, after all,
paying their debts in a cheaper money than that now are our relations with that country, and how much of
August
THE CHRONICLE,
18, 1877. J
151
spirit of exclusiveness still clings to that ancient would be absurd, however, to conclude that because
Japan is slow to abandon the past, she is not destined to
and, in many respects, marvellous people.
take
a foremost
It is now several months since we were made aware of
place among the great nations of the
future.
Since
1853, when she concluded a treaty of
the uprising of a certain section of the people against the
government of the Mikado. As far back as November of peace and friendship with the United States, through
last year, it became known that a violent insurrectionary Commodore Perry, she has been advancing with wonder¬
movement had broken out in the southwest, and thht it ful rapidity and completeness, if also with wonderful
was under the leadership of a prominent ex-official of caution.
Although not yet formally a Christian nation,
the Mikado’s government. From subsequent reports we Japan is admitted to a place among the civilized and
gather that the insurgents belong to the Samouri or polished nations of the world ; and the tendency of her
gentry class ; that they are confined to the southwestern reform movements is more and more in the direction of
part of the country, and are strongest in the province of what we are pleased to call the civilization of the West.
Satsuma; that their principal leader is Saigo Takamori, During the last ten years, the country and its institu¬
It is not possible
at one time a prominent official and high in the confi¬ tions have been almost revolutionized.
dence of the Mikado; and that although they are scat¬ that the present or any such revolution will be able to
tered over the disturbed districts, and frequently in con¬ check the onward movement, or to prevent Japan from
cealment, they occasionally appear in large bodies of taking the place which her forward position, her natural
from six to ten thousand men, and scour the country, resources, and the genius and industry of her people
greatly to the inconvenience of the loyal and peaceful entitle her.
It is not wonderful that the dispossessed lords of the
inhabitants, and to the injury of trade and industry. It
appears that the insurrection owes its origin to the re¬ soil should be disaffected. It is as little wonderful that
forms which have been gradually introduced during the a disappointed statesman should fling himself into the
last ten years, and since the fall of the Tycoon and the hands of the rebels. But the new state of things inau¬
advent of the Mikado to power in 1868. These reforms, gurated by the advent of the Mikado to power in 1868
as our readers are aware, have been of a radical charac¬ is gradually solidifying.
New ideas have taken hold of
ter, and have seriously affected the social standing of all classes of the people, and the prevailing aspiration is
the Damios, the former feudal lords of Japan. It for further progress. With such conditions existing,
appears, further, that Saigo Takamori, or the elder there is, indeed, but small chance that the revolution
Saigo, as he is called, has turned against his former will ever go backward.
the
and
placed himself at the head of the insurgents,
some real or supposed grievance.
He had Cateat Ulonetarg anit (Eammcrcial ®iigli&!) Sferoa
held high positions. It was he who drew up and carried RATES OF EXCHANGE AT LONDON AND ON LONDON
AT LATB8T DATES.
through the scheme of 1873, by which the Damios,
EXCHANGE AT LONDONEXCHANGE ON LONDON.
deposed in 1868, were compensated for their losses. He
AUGUST 3.
held, until quite recently, the position of Grand Marshal
RATE.
ON—
TIMS.
RATS.
of the Imperial forces. Removal from that office is said
DATS.
to be the cause of his open rebellion against the Govern¬
12.08
short
Amsterdam... 3 months. 12.3*4612.4
25.16
25.30 (2*25.35
ment.
At latest accounts, the insurrectionary forces Antwerp
3
20.39
20.58 @20.62
Hamburg
short.
short.
25.11X
25.12*4625 22#
were still in the field; Saigo was still at their head; and Paris
Paris
3 months. 25.25 625.32*
3
125.60
Satsuma was still the principal theatre of the rebellion. Vienna
12.52tf612.57X
short.
20.40
Berlin
20.58 ©20.62
20.45
20.58 ©20.62
There are many rumors; but the facts stated are really Frankfort
25 a.
St. Petersburg
24X<a24*
Aug. 1. 3 mos.
all we know, for certain, regarding the disturbed state Cadiz.
47&@47%
90 days.
Lisbon.
51X©5 \%
of things now existing.
Milan
3 months. 28.02X@28.07X
short.
27.60
Genoa
28.02X@28.07X
It is manifest, however, that Japan is again under¬ Naples....
88.02X @28.07*
48.00
47 @47X
Madrid...
Aug. 1. 3
Aug. 3. 60 days.
4.*5X
going one of those reactionary revolutions which have New York
23X
de Janeiro
July 7. 90 days.
been periodic in the history of that country and people. Rio
June 30.
Buenos Ayres..
43>4g’d.39Xpap’r
41
master
because of
LATEST
TIMS.
*4
14
•
•
A€
—
•
•
•
•
^
•
•
•
•
•
,
,,
•
•
mos.
.
,
44
•
mos.
•
44
....
44
4%
....
....
44
44
....
,,,,
....
•
....
•
•
....
.
.
•
•
•
•
.
.
•
..
.
.
•
.
•
•
.
•
44
44
...
....
44
mos.
44
•
As far back
as
the
middle
of
the
sixteenth
cen¬
.
•
*
• •
Valparaiso..
Pernambuco
Bombay...
44
June 15.
•
30
»
•
.
days.
Is. 8 13-16a.
Is. 8 13-16C?.
July 14.
Aug. 2.
Aug. 1.
Aug. 1.
Aug. 1.
July 26.
44
6
mos.
23% @24
Is. 9 1-16i.
Is. 9 l-16d.
Private hills, 4s.-
tury, Japan was brought under educational influences Calcutta...
58. 12X4.
Hong Kong
through the labors of the celebrated Jesuit missionary, Shanghai...
5s. 4X<*.
5 8.2(1 ©5s. 3Xd48. Id ©4s. OXd.
Penang
Francis Xavier, and his associates. In 1562 such had
4 s. 1 Xtf.
30 days.
55. 11%d.
July 3.
Singapore..
128
July IS.
been the success of the missionaries that the country Batavia
97
Aug. 1. 3
Alexandria.
abounded with churches and schools, three of the native
[From our own correspondent.!
London, Saturday, Aug. 4, 1877.
princes had embraced Christianity, and costly presents
were sent from the Christians of Japan to Pope
Stirring news has been received from the seat of war in Europe,
Greg¬
and the Russian armies have, to say the least, received a severe
ory XIII. and Philip II. of Spain. Before the close of
check. Defeated in severe and protracted struggles both north
the sixteenth century, a reaction had set in, and these
and south of the Balkans, as well as in Asia, much of their
results were wiped out of the land by one of the most
military prestige has vanished, and it is evident that a despotic
cruel persecutions on record. Action and reaction have power like that of the government of Russia must make a great
been prominent features of Japanese history from then effort to recover the position which has so unexpectedly been lost.
till the present time.
Under the pressure of outside Unless the Russian hosts have become too disorganized to pro¬
which is improbable, as their numbers are great, the Rus¬
forces, Japan has again and again submitted to change. ceed,
sian generals will have to concentrate their forces, and very
Reforms have been introduced; under certain conditions, soon
we shall hear of still more sanguinary encounters.
The
4k
*4
4 •
....
44
44
....
....
mos.
,
in certain
prescribed localities, Christianity has been tol.
erated; and trade with the barbarian has been permitted.
But
the
conservative
character
of
the
people has
always again asserted itself, and reactionary measures
and movements have followed.
than
one
We have had
more
illustration of the truth of these statements
since the commencement of the present century.
s
It
be fought, unless the Russians should
hasty retreat, which is altogether doubtful. Vast as are
the numbers upon which the Russian generals can calculate, yet
it must be borne in mind that, owing to the enormous difficulties
connected with the commissariat and with forwarding the neces¬
decisive battle has yet to
beat
a
supplies of war material, there mast be a limit, and the
men actually available at a given point is small,
compared with the vast array of force which is distributed over
sary
number of
THE CHRONICLE
152
[VOL. XXV.
Latterly, the Turks have had the choice of posi¬ on Wednesday to 54d., but on Thursday it was announced that
the Bank of Bengal had raised its minimum rate of discount to 6
tions, and the Russians have paid a heavy penalty, resulting in a
great measure from bad generalship, or, more correctly, from the per cent, the result of which has been that the silver market has
assumed a firmer tone.
superior generalship of the Turks. The Turkish commanders
It appears from a return just issued by Mr. Wm. Abbott, that
have undoubtedly been displaying great abilities; they have been
the London joint-stock banks have earned during the last two
directing some of the best fighting men in the world, but although
half-years 12£ per cent on their paid-up capital, and that at pres¬
some assert that the recent battles are decisive, yet it is doubtful
ent prices, the yield of interest.to investors is 5 38 per cent.
The
if the Russians allow the campaign to close without making
a great effort to assert their superiority.
The valor and energy following are the chief particulars relating to these banks:
tile whole
area.
Many
desired that the Turkish power should be transferred to Asia ; it
is now found, however, that the Sultan is as anxious to retain
his possessions as the Czar is to acquire them, and that possibly
he has ability to do so. It is evident that even if the latter
should succeed, it will be at a great sacrifice, for it is mooted that
in the event of the war taking an adverse turn, the Sultan has
determined upon unfurling the flag of their Prophet, which
means that every male must devote his life and his substance for
the defense of his nation and his religion.
Evidently, the Turks
mean, if they are to be displaced from Europe, to leave the new
tenants with a fair, but desolated land.
It may be asked, is it
possible to subdue such a people? Perhaps it can be done—but
been a surprise to most persons.
of the Turks have
-M
Q W
•
m
a?
83
Bank.
Ot
it
M
c3
Open-market rates:
4 months’bank bills
1%&1%!
deposits
3,577,032
1,851,473
2,715,601
2,804,936
London <fcW’minster
London Joint-Stock.
London & County...
Union
Imperial
•
London & S’western
«
a
••
•
•
•
16%
•
•
•
•
1877.
£
Circulation—including
bank post-bills
Public deposits....
Other deposits
29,345>574
3.243,843
3,574,749
18,803,847 25.161,354
13,593,459 13,887,902
17,605,969 18,481,650
29,253.199
5,303,093
29.071,786
5,369,654
23,079,821
16,896,302
18,445,792
£
£
27,035,736
C,457,564
17,218,401
Government securities. 13,267,935
Other securities
16,880,592
Reserve of notes and
coin
Coin
and bullion
27,708,917
28,688,377
15,702,325
11,996,907
9,203,074
14,740,141
19,621,201
12,983,171
25,619,347
21,539,939
23,667,111
33,553,181
26,741,531
57'18 p. c.
2 p. c.
45'10 p. c.
2 p. c.
in
both departments....
Proportion of reserve
to liabilities
Bank-rate
3%
4 p. c.
P. c.
92%
02%
59s. 9d.
59s. 8il.
Consols
English wheat,av. price
Mid. Upland cotton
No.40s, male twist fair
15,240,605
8%d.
8%d.
2%
p. c.
94%
96%
94%
51s. Od.
7 l-16d.
47s. od.
64 s. 6d.
6 3-16d.
5%d.
lid.
10%d.
10%
*d quality
ls.8%d. Is. 0%d.
Clearing House return. 134,235,000 126.032,000 114,073.000 103,360,000 103,894,000
The following are the current rates of discount at the leading
cities abroad:
Bank
Paris
Amsterdam
Open
rate, market.
^ cent. per cent.
o
1%
2%©2%
2%
2%
2%
Hamburg...
Berlin
Frankfort
Vienna and Trieste ....
4%
Madrid, Cadiz and Barceloua
Lisbon and Oporto
8t. Petersburg:...
...
...
....
6
6
6
4
©4%
8
5
8
Open
market
rate.
39 cent, per cent
Brussels
2%
Turin, Florence
and
4
Rome
Leipzig
....
2%
4%
Genoa
Geneva
New York
Calcutta
Copenhagen.
4
..
..
•
.
..
....
3
3
6
5
•
•
3%©4%
5
little movement in the bullion market
during the week. The German Government appears to have
satisfied its present requirements, and no operations of import¬
ance have been recorded at the Bank of England.
As regards
silver, a weaker tone was at one period apparent. The sale of
India Council bills passed off less satisfactorily, the rate obtained
having been Is. 8fd. the rupee. Silver, in consequence, declined
There has been very
,
Bank
*
cd
a
^ a3
a
*
vA
03
> O
QQ
2
>
O o
a> p
OQ
Cfc
»
a
frfe
•p.t;
.
83
Pi
o
0>
Total cludinj&c.)
5 fl rL
—
=1*2
*
a
*
£
.
••
•
CD
1-4
a
s
on
.
OQ
P
QQ
03
Bank.
M
85
03
QQ
03
o*
•*->
p+*
fl 'A
t->
O 03
o
S’C
capitl. 11st,87 .
Paid-up ward Caried ward 30th,
*3
M
a
o
?
Pi
.
+*
-4-J
o
X
QJ
O
<
a
177,606
91,331
134,616 39,S77 122,890
*
17,795 106,333
25,545 5,804 41,392
12,956 3,547 20,836
3
36
Imperial
London & Southwestern
Consolidated
Central
Alliance
Totals
or
Averages.
48,560 11,388
1
770,466
549,767
711,166
421,283
171,924
95,287
23.509
QQ V,
.r-
145,575
13,708
208,499
Dividends for
O
w
i
the past
Z,
fl fl
A
.
Pm d
•
■« °
i.
S’"1
** -a >
9 a ^
on of
pa
County
£
£
£
140,000
1
24,000
14
15
16
15
10
6
8
10
8
6
580,475
12%
90,000
120,000
10,000
104,625
10,000
30,000
London & Southwest’n.
3,000
7,600
Consolidated
5,000
40,000
4,000
”
Union
City
Imperial
Central
.
Alliance
1,500
8.000
j
|
£
2,000
1,332
London & Westminster.
London Joint-Stock
20.250
.
s.
8
12
1 12
13
0 10
0 9
0 16
0 4
0 4
0 6
d.
0
6
0
3
0
0
0
0
0
0
61
45
61%
41
15
t6
26%
7%
7%
12
4-59 pr. cent.
5 31
4k
5'23
5'20
“
b-co
“
5-62
“
5'93
5*33
"
5 52
“
5 00
“
<y
averages
40,832
♦Not stated.
Business
202,S59
Special oservrd half-year pronts, Total Racp.t.e anum d Aom'nft div end share. Voalufe Jul31y,div. Ppayi.ng achsetr prices, trhaete the fthore half-yers.
j
or
551,099
714,056
422,991
183,315
95,873
26,716
151,084
15,212
amount paid out&c. amount. iperjonjcapitl, ithejper seach 187, tco. pre calu pe div Iasi
Bank.
Totals
•a
4J -*->
half-year.
CD
London &
808,072
645,591 1-113 13-94 3,111,184 3,171,277
....
'
j
£
£
1,350 7,808
6,352 45,529
•96 11-00
5,504
9,866 2,114
15,655 5,709 26,360 1-29 6'59
16,399
15,501
5
6
!
1
£
£
1 20 17-76
1*01 15 22
•92 16*39
1*11 15*24
1-05 13 80
117 6-17
•93 8-22
2-35 11*38
£
-
*
77,185
London & Westminstar.
6
London Joint-Stock
126
London & County
5
Union*.
7
City
Br’ughtfo- Jan. for- June 187.
!
j
£
fund.
W) £
CD
£
A
£
1,696,449
3,931,669
1,151,017
4,114,469
reserve
profits on
o
£
fc
1,368,268
3,492,535
1,008,580
3,986,227
90% 10% 93,041,643 116,863,586
«
O
•x
o
£
Rate per
Balance of profit
cent per
and loss acct.,
annum of
including
net
*
tc
•
•
e%
93*4 10%
12%
•s-g
+*
•
.
27%
83
P<
A
£
£
,
.
03
03
a
A
^
hn
.
Pig
11,205,216
03
.
1876.
£
1875.
£
£P
o
a
1
1 @ ..
1 @....
1 ©. ..
18' 4.
•
■
statement showing the present
1873.
•
18%
averages.
or
Per cent
of
ti
a
cj
a
258,381
103,675
128,242
^ra
1 ©..
n o o
«
£
11
276,623
<U
position of the Bank
England, the Bank rate of discount, the price of Consols,
the average quotation for English wheat, the price of Middling
Upland cotton, of No. 40’s Mule twist, fair second quality,
and the Bankers’ Clearing House return, compared with the
four previous years:
Annexed is
S
o
Consolidated
Central
1%©2
Joint-stock banks
Discount houses at call
Discount houses with 7 days’notice
Discount houses with 14 days’notice
a 0Q
i.'O'S
*>A 3
3,998.652 142% 14% 22,-787,262 29,863,146
1,089,0 0 61% 6% 15,056,099 18,121,551
!2% 20.671,868 26,972,588
8.102,316 14
2,096,874 115% 12 14,140,247 19,466,640
323,138 41% .4% 7,572,433 7,952,514
3,48.124
14% 4
3,593,543
111,738
City
by the joint-stock banks and
subjoined :
are
ments to
'O
o at
hH
£
13%
11%
£
The rates of interest allowed
discount houses for
Ratio p. c.
of invest-
\
4 and 6 months’trade bills. 2 @2%
1%©1% I
bills
Per cent.
1%©1%
6 months’bank bills
(
Open-market rates:
30 and 60 days’
3 months’bills
|
33
z
3
“
2
<U
O
-
O’S'C
o
Totals
Per cent. ]
o
OD
p fl
83
5 o
^5 O
aj
the week has somewhat im¬
proved, more possibly from general causes, than from any special
cause.
The note circulation, as well as the circulation of coin,
has been increasing of late, owing to the harvest requirements,
and the wants of travellers. The Bank return published this
week is, in consequence, rather less satisfactory, and the propor¬
tion of reserve to liabilities, through a diminution in the former,
has declined from 47 to 45‘10 per cent. The improved demand
for money is indicated by the increase of £266,876 in the total of
other securities, which is now £18,445,792, against £16,896,302
last year. In 1876 the proportion of reserve to liabilities was
5718 per cent, and it is still safe to say that there is little or no
prospect of the state of extreme ease apparent in that year being
again approached. The following are the present quotations for
Bank rate
*
—
P P.P
M
PA
ri fl
xa oi
Alliance
money:
0
o o
■M
at what a
sacrifice!
The demand for money during
OQ
V*
•
<AfO
on
the Stock Exchange
5*38 pr.
cent.
has been greatly wanting in
the tone has been good. A favor¬
by the statement of the Chancellor
of the Exchequer, that no further supplies are needed at present,
the expense of sending the troops to our Mediterranean stations
being trifling. The check the Russians have received has pos¬
sibly been welcomed by the Cabinet, as it at all events post¬
animation ; but, on the whole,
able effect has been produced
pones
the day on which the intricate
been
by
question of Eastern affairs
In the American market business has
conducted with caution. The holders of railroad bonds are
will have to be
no means
settled.
willing sellers, and hence
the tone of the market is
tolerably firm, but Pennsylvania shares and bonds have been
weak, on the announcement that no dividend will be paid for the
past quarter on the ordinary shares. The American market
holds its ground well, considering the many adverse influences
which have lately been in operation.
The following were the closing prices of consols and the prin¬
cipal American securities at to-day’s market, compared
those of Saturday last : r
Redm.
Aug. 4.
July 28.
with
95
Consols
(Jnited States
Do
U. S.
Do
Do
Do
5-20
1867, 6s
funded, 5s
10-40, 5s
funded, 4%s, issued at
Louisiana Levee, 8s
Do
6s....
103%
108*/2©10:t%
...1904
110
©111
108
©106*4
©52
@ 52
...1875
1C3%©104%
106% ©106%
!U7%©107%
42
42
t
©95%
...1881
...1885
...1887
...1881
94%© 94%
10S%©109%
103% ©104%
106%©106%
1C6%©107%
:09%©l’.0tf
105%©106%
42 ©52
42 © 52
THE CHRONICLE
18, 1877.]
August
Aug. 4.
Redm.
1888 105 @107
Massachusetts 5s
5s
58
5s
5s
53
Do
Do
Do
Do
Do
..r
1894 106 @108
106 @108
1900
..1889
105 @107
1895
105 @107
1891
105 @107
30 @ 35
Virginia stock 5s
Do
6s*
82 @ 84
62 @ 64
1905
New funded 6s..
Do
July 28.
105 @107
106 @108
105
105
105
105
@107
@107
@107
@107
30 @35
32 @ 34
62 @ 64
AMERICAN DOLLAR BONDS AND SHARKS.
Albany &
Susquehanna cons. mort. 7s. Nos.501
1,500, inclusive, guar, by Del.&IIud.Canal. 1906
Atlantic <£> Great Western 1st M., $1,000, 7s.. . 1902
Do
2d mort., $1.000,7s.. 1902
Do
3d mort., $1,000
1902
Do 1st mort. Trustees’certificates....
Do 2d
do
do
to
Do
do
do
3d
95 @97
20 @22
19 @21
8 @ 10
3%@ 4%
20
8
21 @ 28
23 @28
8 @ 10
3%@ 4%
....
..
1905
Atlantic Mississippi «fc Ohio, Con. mort., 7s
do
Committee of Bondholders’ ctfs
23
Baltimore & Potomac (Main Line) 1st mort, 6s.i911
do
(Tunnel) 1st mortgage, 6s,
•
95 @ 97
19 @ 21
@ 28
82 @ 84
8 @ 10
3%@ 4#
@22
@ 10
3%@
23
4%
@ 28
82 @ 84
«
81 @ 83
(guar, by Pennsylvania & No. Cent-Railway). 1911
1899 65 @ 67
New Jersey, cons. mort.. 7s
Central Pacific of California, 1st mort., 6s
18% 103 @105
Do Califor.&Oregon Div.lst mort.gld.bds,6s. 1892
90 @ 92
Do Land grant bonds
.1890
SO @ 92
Del. & Hud. Can. 7s
87 @69
1875
Detroit & Milwaukee 1st mortgage, 7s
30 @ 40
Do
2d mortgage, 8s
1875
30 @40
Erie $100 shares
8% @9%
Do reconstruction trustees’assessm’t, $5 paid..
13 @ 14
Central of
Do
do
$4 paid...
$3 paid...
Do
do
Do
do
$2 paid...
Do preference, 7s..
Do convertible gold bonds. 7s
1904
Do reconstruction trustees’ certificates, 7s
Galveston & Harrisburg, 1st mortgage, 6s.... .1911
12%@ 13
18 @20
16 @20
17 @19
36 @ 38
36 @ 38
70 @ 72
68 @ 60
Illinois Central, $100 shares
1923
Lehigh Valley, consolidated mortgage, 6s
1891
Marietta & Cincinnati Railway, 7s
Missouri Kansas & Texas, 1st mort., guar, gold
bonds, English, 7s
1904
New York Boston & Montreal, 7s
1903
New York Central & Hudson River mortg. bonds.7
New York Central $100 shares
Oregon & California, 1st mort., 7s
.....1890
do
Frankfort Commit’e Receipts, x coup.
Pennsylvania, $50 shares
1880
fund mort. 6s
1905
Philadelphia & Reading $50 shares
Pittsburg Fort Wayne & Chicago equipment
bonds (guar, by Pennsylvania R. R. Co.), 8s ....
Union Pacific Land Grant 1st mort., 7s
1889
Union Pacific Railway, 1st mortgage, 6’s
1898
Do.
Do.
1st mort., Ss
consol, eimt’g
£6 @ 88
51
81 @ S3
62 @64
103 @105
90
90
@ 92
@92
86 @88
30 @ 40
30 @ 40
8%@ 9
12
12
18
18
@ 13
@12%
@ 20
@ 20
17 @ 19
36 @38
36 @38
72 @74
56 @ 58
86 @ 88
@....
100
@102
@ 53
51
@ 53
—@
@
....
!14%@115%
91 @ 93
113%@H4%
91 @93
24 @ 26
24 @26
25J4@ 26#
25 @29
101 @103
86 @ 88
11 @ 13
100 @102
@26
26%@ 29%
99 @101
S7 @89
11 @ 13
24
99
@101
Do.
do. 7s, guar,
do.
.1895
Do
Do.
*
1902
6s
6s
1910
Trade
seems
to
be
some
The wheat trade has been
exceedingly quiet, and the tendency
prices has been rather in favor of buyers, but no material
change has taken place. Supplies of home-grown produce are
very limited; but lrom abroad liberal supplies are received.
Harvest work will be pretty general in early localities next week.
This is late, and the probability is that in the north and in Scot¬
land the crops will be garnered in poor condition.
During the week ended July 28, the sales of English wheat in
the 150 principal markets of England and Wales amounted to
21,134 quarters, against 18,279 quarters last year; and in the
whole Kingdom, it is estimated that they were 84,603 quarters
against 72,200 quarters in the corresponding period of 1876. Since
harvest they have amounted to 1,942,051 quarters, against 2,000,656 quarters, and in the whole Kingdom it is computed that they
have been 7,763,200 quarters, against 8,002,700 quarters in the
preceding season. Without reckoning the supplies furnished
ex-granary, it is computed that the following quantities of wheat
and flour have been placed upon the British markets since harvest:
of
1876-7.
home-grown produce
1
Total
Exports of wheat and flour......
cwt
33,287,395
39,630,140
6,118,350
6,203,°6t
5,179,905
34,678,100
46,067,600 38,039,000
80,536,191
91,106,174
90,467,483
83,787,490
819,449
893,640
262,959
2,559,448
79.716,742
90,212,534
45s. lid.
90,204,474
81,228,042
fils. 7d.
.
6,112,438
101
@103
101
@103
Aver, price of Eng. wheat
91 @ 93
91
@93
....@ ....
—@
37 @ 40
...@ ....
@ ....
37 @40
15 @ 20
@
t@
following figures show the imports and exports of cereal
produce into and from the United Kingdom since harvest—viz.,
from the 1st of September to the close of last week—compared
with the corresponding periods in the three previous years:
15
...
@20
@
@
106 @108
106
105
@108
@107
105 @107
104
103
@106
@105
falling in every
prospect of a bad winter,
especially if it should be a severe one, and the working
are already beginning to cry out.
Working-men, how¬
ever, do not see very far ahead, and their leaders evidently do
not always give them good advice.
Many circumstances have
contributed to the present dulness of trade, 'but as I aui now
writing about working men, it may be mentioned that the pres¬
ent inactivity is, in a great measure, due to the high prices to
which many of our manufacturers were forced up, arising to
a considerable extent out of the extravagant rate of wages.
British manufactures were thereby largely driven out of the
market, but the present reduced rate of labor and the cheap¬
ness of commodities are favorable to an early improvement in
our commerce.
There would, undoubtedly, be a great cliange
for the better, were the war to be brought to a close; but, under
any circumstances, British workmen will have to acknowledge
the fact that their interests must suffer if they demand high
rates of wages and diminished hours of work, as foreign compe¬
tition is powerful, and what British workmen leave undone, will
be speedily undertaken by foreign manufacturers. Foreign work¬
men are content with
lower wages, and work longer hoursThey are enabled, therefore, to produce some articles cheaper
than an English manufacturer can ; but it is the British work¬
man’s fault if he cannot control most of the foreign markets, as
his facilities for production are very great. Mr. Macdonald, MK, has been addressing the miners this week, and say3 that the
present Btate of things is due to overproduction, and that the
remedy is in the hands of the workmen, viz.: to reduce produc¬
tion. Until, however, our stocks of manufactured goods are very
largely reduced, there will not be much work to do, and unless
we can sell our goods cheaper than other countries can produce
them they are likely to remain on hand. Mr. Macdonald’s better
course would be to advise the workingmen to do more work for
the same money; to let it be known that English goods are the
cheapest and the best in the world; and we shall then be quite
sure that the world will purchase in the cheapest market.
Mr.
1873-4.
cwt.
33,992,300
Imports of flour
Result.
for
53s. 9d.
season
43s. 10d.
The
IMPORTS.
1875-6.
1874-5.
1873-4.
30,618,169
7,811,910
11,502,637
1,360.448
2.715,170
27,702,943
5,776,905
38,287,395
39,630,140
8,292.701
9,867,570
1,369,099
3,475,296
1876-7.
Wheat
CWt. 40,369,927
Barley
12,186,563
11,027,027
Oats
Peas
Beans
Indian Corn
Flour
....
1,25 ',755
4.170,522
31,673,900
6,203,964
12,445,456
9,827,186
1.754,199
2,723,2%
15,101,370
6,112,438
16,767.204
6,118,354
EXPORTS.
more
classes
cwt/«
40,3n9,927 50,648,169
Imports of wheat
Sales of
1874-5.
1875-6.
cwt.
@102
January. 1872, to July, 1874, inclusive.
continues very bad, and wages are
There
low rate of wages.
100
Ex 6 coupons,
direction.
rather that men should do less; have their
maintained ; and that the price of goods should be raised,
and seems to forget that the world ; is not dependent upon Lan¬
cashire or Yorkshire, or upon other manufacturing and mining
districts, for the supplies it requires.
When the war is brought
to a close, and when the anticipated revival in commerce takes
place, it will be found that foreign buyers will not come here out
of any good will to the working classes, to keep up the price of
goods and also of wages, but they will go to the cheapest market*
and that will be found where the men work the longest and at a
wages
@’02
by Erie R’y
Baltimore & Ohio, 6s
Macdonald argues
100
AMERICAN STERLING BONDS.
Allegheny Valiev, guar, by Penn. R’y Co
1910
Atlantic & Gt. Western consol, mort., Bischoff.
certs, (a), 7s
1892
Atlantic & Gt. W. Re-organization 7s
..1874
Atlantic & Gt.W., Rased lines rental trust, 7s.1902
Do
do.
do.
1873, 7s. 1903
Do.
do.
Western exten., 8s.
1876
153
cwt.
Wheat
Barley
Oats
Peas
Beans
Indian Corn
Flour
772,716
863.524
49,978
23,802
65,995
356.3u0
22,693
31,450
490,738
46,733
58,465
10,118
2,325,120
206,167
187,450
78,843
233,524
18,622
128,017
11,569
48.595
2,657
46,481
2,653
140,066
30,116
58,792
233,321
of colonial wool for this year is fixed
Tha
308,265 bales, and the quantity held over from
last series is about 50,000 bales.
It is (stimated that about
350,000 bales will be offered in the ensuing series.
At prices fully equal to last May-June closing rates, there have
been a few small sales by private contract during the last few
weeks.
Trade in the woolen districts has eomewhat improved,
and a fair business is being done, but in the worsted branch a
large quantity of machinery is still unemployed, and manufacturers
have great difficulty in obtaining remunerative prices for their
goods. Stocks of wool in dealers’ and manufacturers’ hands are
not likely to be large at the commencement of next sales, and
reports of the forthcoming harvest are generally favorable. The
Eastern question, however, is still a great hindrance to a restora¬
tion of confidence, and consumers, generally, who have hitherto
acted on a “ hand-to mouth ” policy, are likely to continue the
same course under present disturbed political aspects.
to commence on
new
arrivals
14th inst. and to terminate on 9th October.
are
Bnxllsti Jlarlcei
Reports—Per Cable.
market! of London and Liver¬
pool for the past week have been reported by cable, as shown in
Thedaily closing quotations in the
following summary:
Monty and Stock Market.—The bullion in
of England has decreased £465,000 during the week.
the
London
Sat.
Consols for money.. 95
Mon.
3-16 95 3-16
*"95 3-16
acconnt.. 95 3-16
Wed.
Tues.
95
-
95
95
95
106%
0.8.6s (5-SOs) 1867.... 106%
..110%
0. 8.10-408
* 106%
106%
110%
li0%
X
107%
107%
106%
107%
106%
107%
x 105%
New 5i...m
New 4%s...
....106%
108%
Liverpool Cotton Market.—See special report
the Bank
Tbnr.
95 5-16
95 5-lb
107
108%
107%
105%
of cotton.
Frl.
95%
95%
107
108%
107%
105%
THE CHRONICLE'
154
Liverpool Breadstuff Market.—
e.
d.
Flour (extra Si&te)
fibbl 26 6
Wheat(R. W. spring). W ctl -10 10
“
(Red winter),..
44
44
(Av. Cal. white).. 44 12 2
“
(C. White club)... “ 12 5
Corn(n.W. mix.) # quarter 26 u
.
10 10
•
....
Peas (Canadian) $ quarter 37
Mississippi & Tennessee.—The stockholders
Mon.
s.
d
26 6
Sat.
6
Taea.
Wed.
s.
d.
26 6
10 10
d.
26 6
10 10
2
12
5
26
37
0
6
Liverpool Provisions Market.—
s.
8.
Beef (prime mess) .
tc.
Pork (W’t. mess)— tfbbl
Bacon (l’g clear mid.)$ cwl
44
44
Lard (American)
Cheese (Am. tine)....
...
88 6
54 0
37 0
43 9
51
-
54
37
43
51
6
Liverpool Produce Market.—
Sat.
s. d.
5 0
44
10 0
# gal
1\\
(fine)
Petroleum(reflned)
44
8#
(spirits)
Tallow(prime City)., y cwt. 41
Cloverseed (Am. red)..
“
45
Spirits turpentine
41
26
Mon.
d.
5 0
10 0
11
41
0
3
45
0
0
26
3
d.
6
9
0
3
26
37
0
11 10
12 r
26 0
37 6
Thur.
8. d.
92 6
52 6
36 6
43 9
51 0
Fri.
d.
s.
92 6
52 6
36 0
43 9
51 0
6
0
0
6
9
0
....
.
.
11 10
12 1
26 0
37 6
Wed.
d.
5 0
10 0
11
8 lA
Fri.
Tnur.
d. 8. d.
5 0
5 0
10 0
10 0
11
11
41
0
0
41
45
0
0
3
26
3
41
15
27
45
26
Missouri Kansas & Texas.—The amount due
of
41
45
27
0
0
0
0
0
0
London Produce and Oil Markets.—
Sat.
£ s. d.
LinsMc’kefobD.tftt. 9 15 0
Linseed (Cal.) $ quar.
54 6
Sugar (No. 12 D’chstd)
on spot, $ cwt
29 6
$ tun.. 82
Sperm oil
9 15
51
29
0 0 82 C
Whale oil
44 .35 0
Linseed oil....1® Ion .29 10
0
0
35 0
29 10
0
6
29
0
0
0 30 0
6
0 82
0 35
£
6
0
0
0
82
35
30
s.
54
6
29
0
0
0
6
0
0
0
54
6
£ s. d.
9 15 0
54 6
23
0
0
35
30 0
0
0
0
0
28
0
35 0
30 0
£ s. d.
9 15 0
d.
9 15 0
£ s. d.
9 15 0
51 6
Fri.
Thur.
Wed.
Tues.
Mon.
£. s. d.
82
0
0
0
0
82
(Eiommercictl ait& JflteceUanrous Nnus.
Imports and Exports for thb
week showed
Wrek.—The imDorts last
general
against
increase in dry goods and a decrease in
The total imports were $5,040,y49,
an
merchandise.
$6,928,867 the preceding week, and fS,217,603 two weeks pre¬
vious. The exports for the week ended Aug. 14 amounted to
$4,477,547 against $5,025,231, last week, and $5,140,795 the pre¬
vious week. The exports of cotton for the week ending Aug. 15,
were 6,479 bales, against 1,730 bales the week before.
The fol¬
lowing are the imports at New York for week ending (for dry
goods) Aug. 9, and for the week ending (for general mer¬
chandise) Aug. 10:
FOREIGN IMPORTS AT NEW YORK FOR THE WEEK.
1877.
1874.
1875.
1876.
$2,052,575
$4,037,731
•General merchandise...
3,100,251
4,S06,206
$2,085,410
$2,165,563
Total for the week.
$5,252,836
$8,843,937
Previously reported.... 253,303,426
211,690,827
$5,760,715
179,753,902
$5,040,949
203.474,093
$220,534,764
$185,514,817
$208,515,042
Drygoods
Since Jan. 1
In
our
i253.646.262
2,875,386
3,675,305
report of the dry goods trade will be
RECEIPTS.
found the imports
dry goods for one week later.
is a statement of the exports (exclusive of specie)
New York to foreign ports, for the week ending
Aug. 14:
"
•of
The following
from the port of
the coupons
Aug. 1
finally made by them in December, 1876, to give their notes in
settlement of the amount then due, with the assurance that they
would be paid at maturity, and that prompt payment of inter¬
change balances should thereafter be regularly made. The trus¬
tee had to choose between a resort at once to legal proceedings,
which was deprecated by those most interested in the securities
of the Missouri Kansas & Texas Company, as tending to destroy
friendly and profitable relations for the future, or to make some
With the approval of its advisory board, it agreed
concession.
to accept the notes, not however in payment, but to be held as
collateral to the debt, ard credited when paid or negotiated. Of
the notes, $80,000 were paid and $40,000 sold, and the traffic
interchanges for January paid in February. On March, however,
the Houston & Texas Central Company allowed one of its notes
to go to protest, upon which suits were brought for the whole
debt, which are still pending, and ultimate success in obtaining
the money is confidently anticipated.
Pending the result, how¬
ever, the trustee is not in funds to meet the amount due on the
August coupons at maturity, and payment must therefore be
deferred until the receipts from traffic supply the means, which
it is hoped will not involve delay beyond Nov. 1,1877.”
Municipal Bonds in Missouri.—The County Commissioners
of Douglass, Franklin, Leavenworth, Anderson and Johnson
counties, Kansas, have held a meeting and concerted measures of
resistance to the payment of the county bonds.
The St. Louis
Republican says with reference to the proposition to “ refundn
Calloway (Mo.) County bonds at 55| cents on the dollar: “It
seems that there is some hesiiation on the part of outside holders
of the bonds to accept the compromise, on account of their doubt
of the county’s good faith in carrying it out.
If the people will
not pay the old bonds, they fear they will not pay the new ones.
The people of Boone County voted last Tuesday on the proposi¬
tion to refund their county debt of $300,000 in 7 per cent bonds.
The vote was light, as there was little opposition to the proposi¬
tion.
The vote was—for refunding, 1,510 ; against, 97. As the
bonds now bear 8 per cent interest there will be a saving of 1 per
cent, which, on $300,000, is $3,000 a year.
•
Ohio & Mississippi.—Receiver King’s report to the Court for
July has the following:
8X
8*4
on
was not paid according to the agreement, and the trus¬
tees make the following statement:
"
After repeated and fruitless efforts to obtain payment of the
balances due from the Texas Central Company, a proposition was
s.
s.
have voted to
ratify the action of the directors providing for the issue of a new
mortgage for $2,100,000, with which to take up the first and
second mortgages and the debt of about $300,000 due the State
of Tennessee, and to provide for the extension of lines in
Memphis, and the building of a union depot.
d.
26 6
10 8
s.
Tues.
d.
5 0
10 0
11
314
0
26
10
•
12
12
90
54
36
43
51
s.
s.
Rosin (common)... tpewt..
44
0
0
9
6
•
•
8.
Wed.
d.
s.
Tues.
s. d.
89 0
54 0
37 0
43 9
51 0
Mon.
d.
88 6
Sat.
d.
-
•
0
3
0
6
12
12
26
37
Fri.
Thur.
8.
,,,,
•
•
ia
[Vol. XXV.
i
Cash
Cash
Cash
Cash
Cash
hand July 1, 1877
from agents
from conductors
from individuals, railroad companies
$4,441
269,719
on
from express
3,892
25,942
:
and others..;
6,253
23,511
companies
Cash from General Post Office Department
$338,761
EXPORTS FROM NEW YORK FOR THE WEEK.
DISBURSEMENTS.
1877.
1875.
1875.
1874.
For the week
$5,351,353
$5,217,651
Previously reported....
175.763,020
148,277,999
$5,918,086
151.171,765
160,410,808
$181,114,373
$153,495,850
$160,089,851
$164,888,355
Since Jan. 1
The following will show the exports of specie from
New York for the week ending Aug. 11, 1877, and
$4,477,547
the port of
also a com¬
parison of the total since Jan. 1 with the corresponding totals
for several previous years:
Aug. 6—Schr. Marcia Reynolds..Puerto Cabello... Amer. gold coin..
Aug. 8—3tr. Pere re
London
U. S. trade dels...
Aue. 9—Str. Tybee
Puerto Plata.... Amer. silver coin.
London
Amer. silver bars.
Aug. 9—St.r. Herder
Aug. ll—Brig Louisa Price
Port-aa-Prince... Amer. silver coin.
Aug. 11—Str. Rhein
London
Mex. sil. bullion..
.
Mex. silver dole..
Amer. silver bars.
U. S. trade dols...
*
’
Total for the week
$22,348,415
Same time in—
1870
60.610,16? I 1869
39.641.425 | 1868.
39,329.218 | 1867
55.820.44111866
52,877,855 1
1675
1874
1873
1872
1871
The imports of
been as follows :
63,238,187
39,276 638
52,095,131
Havana...
Bermuda.
Kingston
Aug. 8—Schr. Willie Trim
Aug. 9—Str. Saratoga
Aug. 10—Brig Eicbe
Ciudad
Havana
La Guayra
[
i
-
.
198
3,902
1,200
.Silver
.Cold.
MiO
Silver
33,170
~
152
"
Gold.
Gold bars.
Gold
Gold
_
Total since Jan. 1, 1877.
..
$640
Gold
Gold dust.
Total for the week
Previously reported
in—
Pay-rolls to November 17, 1876....
Arrearage to November 17. 1877
Cash on hand August 1, 1877
$333,761
St. Paul & Pacific.—The St.
....
553
9,134
16,2(0
2,675
$73,024
7,713,289
$7,786,313
Same time In—
1871
1870
1869
1868
1867
Paul Pioneer-Press of August 8
i
f
I
ager
the preliminary steps can be taken the work will be
carried forward to early completion. The construction of this
short branch will not only close a gap in the railroad system of
Northwestern Minnesota, but it will certainly expedite the com¬
as soon as
pletion of the St. Vincent branch of the
St. Paul & Pacific Rail¬
road.” * * *
“ Articles of incorporation of the Red River &
Manitoba Railroad Company, which it is expected will build the
St. Vincent Branch, were filed for record in the office of the Reg¬
ister of Deeds at St. Paul yesterday.
The object of the company
is to build and operate a line of railroad from Breckenridge to St.
Vincent on the Red River of the North. The capital stock is
fixed at $500,000 in 5,000 shares at $100 per share. The corpora¬
are
John S. Kennedy and Walter G. Oakman,
John S. Barnes, of New
of New York ;
Jersey, and Samuel J. Beals and
William
H. Fisher, of St. Paul.”
—The board of trustees of the United States
Rolling Stock
dividend of 2 per cent, gold, on its
capital of $5,000,000, payable on the 1st of September next, out
^Company have declared
of the last six months’
a
earnings.
Co., in this
7 3-10 per
Bath these
commended to the
—We call attention to the cardjof Messrs. Moller &
week’s issue of the Chronicle, offering Cincinnati
cent bonds and New Haven City 5 per cent bonds.
securities rank high in our market, and are
favorable attention of conservative investors.
—The
Chicago & Alton Railroad Company has declared a
both the common and
dividend of three and one-half per cent on
9.824,531
S
says:
tors
..Silver
..Silver
Nassau....
Aspinwall.
Aug. 7—Str. Clyde
Aug. 7—Brig T. H. A. Pitt
Aug. 8—Str. Atlas...
..
$42,990,445
21,220,964
specie at this port during the same periods have
Aug. 6—Str. Cleopatra
Aug. 6—Str. Andes
Same time
1876.
1875....
1874
1873....
1872....
45,000
15,000
22,071.329
Total since Jan. 1. 1877
Same time in—
|
1876
$38,235,882 |
$12,344
182,383
107,043
1,585
30,4( 6
1876
“ The long-expected news was received yesterday by Man¬
Farley, of the St. Paul & Pacific Railroad, that the means
5,000 necessary for constructing the Glyndon cut-off had been provided,
130,000 and he was instructed to proceed at once with the work. Mr.
3,000
10,283 Farley is equal to the emergency, and the advance guard of rail¬
18,804 road builders will proceed to-day to the scene of operations, and
$10,000
40,000
$277,087
.
Previously reported
Vouchers prior to November 18, 1876
Vouchers subsequent to November 17,
preferred stock, payable at the office of Messrs. M. K. Jesup,
Paton & Co., 52 William street, on and after Sept. 4 next. The
transfer boo^s close on Aug. 20 and re-open Sept. 5.
August 18,
€he
7
Th«
CHRONICLE
(Efrcuette.
Stinkers’
No National banks
'
THE
1877.]
organized during the past week.
D 1
V
1
D U N
D
following dividends have recently beer, announced :
Per
Cent.
Name of Company.
When
P’able.
Books Closed.
(Days inclusive.)
Railroads.
Chicago & Alton, pr. f. and com.
Chicago Burlington & Quincy...
West Jersey
.
......
4 Aug. 21 to Sept. 4
3%
Sept.
4
3
Aug. 15
miscellaneous.
2
Adams Express (quar.)
United States Rolling Stock
Sept,
2g.
i
155
The range in prices since Jan. 1, 1877, and the amount of each
class of bonds outstanding Aug. 1, 1877, were as follows:
—Amount Aug. l.~
/—Range since Jan. 1,1877
Lowest.
I
Highest.
Regibtired.
Coupon.
6s, 1881..
reg. 110% June 11*114% Jan. 17 $193,8S2,900 I
6e, 1881
coup. 111% Mch.
115% May 26
88.853,450
6s, 5-208, 1865
coup. 107% Feb.
111% April 24
'i,533 550
8,581,000
6s, 5-20s, 1865, new..coup. 106% July
72,180,CO.) 130,456,050
111% May 17
6a, 5-20s, 1867
coup. 108^ July
114% May
93,139,600 212,479,900
6s, 5-208, 1863.
coup. 111% Aug.
117% Jan.
15,691,000
21,782,800
58, 10-40s
reg. 109% Aug.
114% Jan.
142,214,850
5e, 10-408
coup. 110% Mch.
52,351*450
114% Feb.
5a, funded, 1381.... coup 109% Mch.
112% .Ian
219,249,650 289,190,700
4*8, 1891
reg. 105% Mch.
109% July
111,056,luO
109
4%8.1891
....coup. 106% June
May
43,043,906
6a, Currency
126
reg. 121% Jan.
July
64,6*23,512
State and Railroad
Bonds.—Of Louisiana consols the total
amount to August 9, 1877, was
heard of any additional bonds
$11,138,700, and we have not
since funded; the bonds are
quoted here about 67@69; Alabama consols, “A,” 40l@41};
single feature this week calliug for any special notice is the con¬ South Carolina consols, 67@69 ; Virginia consols, ex coupon,
tinued and remarkable strength in speculative stocks.
This G6}@67}. Iu regard to South Carolina bonds forwarded to
decided firmness,r and even buoyancy, is not based upon any Columbia to be “investigated/’ the holders have been ipuch
surprised to have them returned without being “certified as,
recent development of increased prosperity with most of the rail¬
correct,” according to the provisions of the law under which the
roads, but is made in the face of a considerable decrease ia busi¬ examining committee are acting. It is, at best, a great burden
for bondholders to be obliged to send their bonds to Columbia for
ness during the past seven months of this year as compared with
similar periods in previous years.
The general movement, examination, and to have them thus returned without bearing
the slightest evidence that they have even been passed on by the
therefore, appears to arise from the support given by some large commission
is quite discouraging.
If the failure to stamp the
purchases on speculative account. A material advance can bonds as correct, is an oversight, it is a great blunder, and if done
hardly be established in stocks now, except upon the theory that purposely it is hardly less than a fraud on holders of genuine
In Virginia the triumph of the party opposed to repudia¬
the larger demand for transportation which will arise after the bonds.
tion, in nominating their candidate for Governor, is regarded as
present growing crops are fully harvested will start a new era of a most hopeful sign, and cannot fail to advance the credit of the
prosperity with the railroads, which will enable them to earn State.
Railroad bonds keep steady on a moderate business, and when¬
dividends.
From the Bureau of Statistics at Washington, through the ever there is any change in prices it is generally an advance.
Some of the lower mortgage bonds, in particular, have advanced
courtesy of Mr. C. C. Norvell, we have the following statement in
sympathy with the higher prices of stocks. At a meeting of
of exports and imports of gold and silver from and into the the directors of the Delaware and Hudson Canal Company this
United States, during the fiscal year ended June 30, 1877 :
week, a mortgage for $10,000,000 was executed upon the property
of the company in Pennsylvania.
According to a circular issued
Domestic.
Total.
Foreign.
Imports.
by President Dickson, the mortgage includes and covers the
Gold—Coin
$21,274,565 $4,163,762 $25,438,327 $24,126,664
$5,000,000 debenture bonds of 1894, and the proceeds of the bal¬
Bullion
67,511
1,152,047
2,119; 570 ance will be used in
payment of such of the bonds of Nov. 1,
Total
$22,359,101
$4,231,273 $26,590,374 $26,246,234 1877, as may not be renewed, and to retire the floating debt now
Silver—Coin
8,462,059
17,754,804
9,834,927 amounting to $1,500,000.
The amount remaining after these
Bullion
11,433,894
334,167
11,818,061
4,693,253
purposes have been carried out, will, it is said, “place the finances
Total
$20,776,637 $8,796,226 $29,572,863 $14,528,180 of the company in a position to meet all its requirements until
1880, even if the sale of coal is suspended at competitive points.”
Our local money market remains without essential change
The following securities were sold at auction at the Exchange
On call loans money has been readily obtainable throughout at
sales-room :
SHARES.
2@3 per cent, and prime commercial paper sells at 4}@6}
4 Morrisania Steamboat Co
31
per cent.
4 Saratoga Spring Co., $100 each
$3 per share.
BONDS.
The Bank of England statement on Thursday showed a de$8 000 Mercantile Trust Co. of New York 7 per cent real estate bonds, due
crease of £465,000 in bullion for the week, and the discount rate
May 1, 1881
101
remains unchanged at 2 per cent.
The Bank of France showed a
Closing prices of leading State and Railroad Bonds for three
weeks past, and the range since Jan.1, 1877, have been as follows;
gain of 23,100,000 francs in specie.
Since Jau
Aug. Aug.
Aug.
The last statement of the New York City Clearing-House
10.
17.
Lowest.
3.
States.
1
Highest.
banks, issued Aug. 11, showed an increase of $661,350 in the ex¬ Tennessee 6s, old
5
44
Jan. 11
43% *43% 42% Feb. 28
cess above their 25 per cent
do
4* June 7
*43% *43% *43% 42 Feb. 28
legal reserve, the whole of such
6s, new...
*17
18
*17
July 10 2\4 Jan. 6
excess being $14,267,600, against $13,606,250 the
previous week. North Carolina 6s, old
♦78
*74
*78
82% April 2; 82% Apr. 2
The following table shows the changes from the previous Virginia 6s, consol
Jan. 16
38
*40
*40
do
do 2d series...
*41%
Apr. 11
week and a comparison with the two preceding years :
June 5
*106
Jan. 23 1
104
Missouri 6s, long bonds
106% *106
The
money
FRIDAY, AUGUST 17, 1877-5 P. m.
and
Financial Situation.—The
market
„
,
.
•
•
.
“
-1877.
1876.
1875.
All". 14.
An®. 4.
Differences.
Aug. 11.
An?. 12,
Loans and die. $219,767,800 $245,377,200 Dec.$4,390,600 $253,075,800 $283,511,900
Specie
894,900
21,092,000
14,135,800 15,030,700 Inc..
13,442,100
Circulation...
15,585,300
15,689,500 Inc..
18.412,7c0
104,J00
15,273,900
Net deposits.. 219,166,600 215,431,600 Dec. 3,735,000 225,515,100 218,033,2(0
Legal tenders.
54,262,100
53.094,800 Dec. 1,167,300
53,683,200
70,726,200
United States Bonds.—Government securities have shown
steady prices on a moderate volume of business. There have
been no large transactions worthy of special notice, and the
demand from investors in small lots continues to be fair.
The
difficulties between certain members of the old 4} percent. Syn¬
dicate are understood to be limited to a disagreement between
the members themselves, and to involve in no way the terms of
the contract with the Secretary of the Treasury.
Closing prices of securities in London have been
U. S. 6s, 5-20s, 1867
U. S. 5s. 10-408
New 5s
New 4* per cents
Aug.
Aug.
3
Aug.
10.
17.
106%
106%
110%
110%
107%
106%
107%
106%
Closing prices here have been
Int.
.—Range since Jan, l, ’77.—■
Lowest.
107
Highest.
June 25' 110%
107% April 17i 110%
105% April 25j 109
102% May 16' 106%
106
x!08%
107%
xl05%
Feb.
6
Feb.
6
July 11
Aug. T
as follows :
Aug. Aug.
period.. 11.
68, 1881
13.
Aug.
Aug.
14.
15.
reg..Jan. & July.*111V 111V 111%
6s, 1881
112 V *112 V
coup., 'an. & July. *112
Called bonds
...May & Nov
6a, 5-20s, 1865, n. i...reg.. Jan. & July. *106% *106% *106%
6s, 5-20s, 1865,n.i..coup..Jan. & July. 108% 106% 106%
6a, 5-208, 1867
reg.. Jan. & July. 108%
109
109
68,5-208, 1867
coup...fan. & July. 109
109
109V
5s, 5-20a, 1H68
reg..Jan. & July.*111V *111% *111V
68, 5-208,1863
coup..Jan. & July. 111% 111% *111%
58,10-408
reg..Mar. & Sept. 109V 10
109%
5a, 10-408
coup..Mar. & Sept.*112% 112% 112%
5a, funded, 1881
reg..Quar.—Feb. 109% 109% 109%
5a, funded, 1881... coup..Quar.—Feb.*103% 109% 109%
4%s, 1891
reg..Quar.—Mar. 103% *J0S% 108%
4%s, 1891
coup.. Quar.—Mar. *108% 108% 108%
48, registered, 1907
105
Quar.—Ian. 105
105%
4s, email coupon
Quar.—Jan.
105%
6a, Currency
reg..Jan. & July. 124% 124% 125%
*
This ia the price bid; no sale was made at the Board,
|
....
Aug.
16.
111% 111%
112% *112%
Aug.
17.
111%
112%
*106% *107" •107*'
*107
*106% 107
109
♦109
109%
109%
109%
*111% *111%
♦111 V,
109%
HI1/, *111% *111*
*109% 109% 10»%
*112% *112% *112%
♦10 %
109% 110
110
,110
*109%
*x7 Yt *107% *107%
108% 108% 109
105% 105% *105%
*105%
125
125
125
77%
*65%
Central Pacific 1st. 6s, gold ... 107
Chic. Burl. & Quincy consol. 7s
88
Chic. & Northwest’n, cp., gold
87%
Chic. M. & St. P. cons. 8. fd, 7s
Chic. R. I. & Pac. 1st, 7s
♦108%
Erie 1st, 7s, extended
Lake Sh. & Mich. So.2d cons.cp
..
Michigan Central, consol. 7s...
*10?%
*77
76%
71
This
is
the price bid:
no
Jan.
Mch.
68
*69% 50
106% *106% 105% Mch.
106
...
Mch.
*86
109
89% 80% April
88% 78 Jan.
*108% 106 Feb.
*92
♦114
*92
88%
*103%
1G4%
109
93
100
113
114
*114
Morris & Essex, 1st mort
*114% *114
N. Y. Cen. & Hud. 1st, coup... *117% *117
*117%
*85
86
81%
Ohio & Miss., cons. 6ink. fund *85
117
Pitlsb. Ft. Wayne & Chic. 1st. *117
*117% *117
92%
95% *99% *99
8t. Louis & Iron Mt„ 1st mort.
105% 105% 105% 103
Union Pacific 1st, 6s, gold
98
92%
do
97%
sinking fund....
97%
*
follows:
as
District of Columbia, 3-658 1924
Railroads.
Central of N. J. 1st consol.
Jan.
2
80
June 21
Jan.
June
16 :
June
11| 93% Jan.
261 88% Jane
June
28 |l
June
15,:
5
85
£ 1
5
11
14
2
19
29
29
July 17
May 2
May 10
Ang. 17
Feb. 19 1
Mch. 5
June
7
June 28 92
May 24
May 22
Jan.
June 23
9 1
Mch. 22
July 12
Jan.
June 18
Fob. 6
9 1
Mch. 31
98%
sale was made at the Board.
Railroad, and Miscellaneous Stocks*—The
firmness
in
leading speculative stocks, which we have noticed for several
weeks past, has increased and developed, until to-day there was a
market more active and buoyant than we have had for some
months.
In seeking the causes for this movement it must
unquestionably be admitted that the rise is immediately due to
the present influences on the market in the shape of large trans¬
actions for the bull side of the account, and to the necessary
purchases made to cover shorts. But looking further than this,
inquiring why the leading operators for a rise are now so
confident in their purchases, and we might, perhaps, formulate
their views as follows:
1. Leading railroads, in the year ending
July 1, 1877, have earned more than sufficient to pay interest and
all charges.
2. Rates on freight can hardly average as low from
July t, 1877, to July 1, 1878, as in the corresponding year
1876-7. 3. The freight tonnage of 1877-78, with the present large
crops, will exceed that of 1876-7 by 20 to 30 per cent.
How far
these views are correct and the result not likely to be defeated
by any other events, our readers can judge for themselves. The
following stocks touched this week the highest prices of the cur¬
rent year, viz.: Western Union, 79}; Lake Shore, 58}; Michigan
rvntral, 541; St. Paul, 27}; St. Paul pref., 66; Northwest pref.,
58}.
and
THE CHRONICLE
156
The directors’ committees from the
boards of the rival Tele¬
graph companies have held two conferences without coming to
an agreement, and finally adjourned to meet again on Monday next.
It was reported that the Western Union were willing to pool
earnings provided they could have eight-ninths of the total
receipts, leaving one-nintli to the Atlantic & Pacific; that the
latter company would pool provided they could have one-fifth of
the total, leaving four-fifths to the Western Union.
The
street” is sceptical on the subject of aDy final and unchange¬
able arrangement being made, as the fluctuations in the Tele¬
graph stocks which have taken place each year, on the annual
skirmish between the direc'ors of the two companies, have fur¬
nished a big bonanza to those who had inside information.
The
coal stocks have been strong, as both the Lackawanna and the
Delaware & Hudson companies are supposed to be well relieved
from all immediate embarrassments by the new loans which have
been created.
Chicago & Alton declares a September dividend of
3 £ per cent on both stocks, and Chic. Bur. & Quincy 4 per cent.
Latest
r-
Jan. 1 to latest date.
earnings reported.
Hannibal & St. Jo
Month of June..
IllinoisCen. (IiUines).Month of July...
do (Leased lines). Month of July...
Indianap. Bl. & W
..
$165,449
369,630
89,077
32,159
21,100
.1st week of Aug.
Int. & Gt. Northern...1st week of Aug.
Kansas Pacific
Month of June
.
Month of May..
Lehigh Valley
Louisv. Cin. & Lex...Month of June..
Louisv. & Nash., &c..Montn of July..
Missouri Pacific
Month of July ..
Mo. Kansas & Texas.. 1st week of Aug.
Mobile & Ohio
Mouth of June..
New Jersey Midland..Month of June..
Nashv. Chatt. & St.L..Month of June..
Pad. & Elizabethan ..Month of July...
Fad. & Memphis
..1st week of Aug.
Month of tune..
Phi'a. & Erie
St. Jos. & Western. ...2d week of July.
follows :
$928,108
330,495
114,034
2,549,119
33.9t9
696,281
7 >7,581
1,346,045
-
238,437
586,000
87,437
515.754
A*ug. 11
8.503
5,272 38,195
13..,.
4,090
2,600
2,755
1,745
7,538
,
14
-15•*«•••••••••
16
17
.
27,228
27,600
64,180
22,735
5,550
3,610
2,941
7,810
3,300 11,000
2,043 11,600
6,500
4,700
5,500
4,3(0
4,106
12,000
14,627
24,050 235,213 163,208 37,030 17,754 102,629
200,000 494,665 337,874 122,744 150.000 262,030
39,748
58,656
891.2S3
215,028
,
Total...
8,760
5,210 10/50
13,500
800 15,790
4,550
pref.
Cent.
& W.
9,114
14,600
40,525
.
hole stock
28,415
N. Y. N’west
Del.L.
52,013
39,015
32,035
49,5/5
10,160
1,828
2,600
5,600
7,183
13,800
The total number of shares of stock outstanding is given
he last lino, for the purpose of comparison.
The daily highest and lowest Drices have been as follows:
At.&Pac. Tel.
Urntral of N.J
fmlc. Burl.&Q
C. Mil.
23
Panama
Wab. P.C. R’ts
Union Pacific.
West. Un. Tel.
Adams Exp...
American Ex.
United States.
Wells. Fargo..
44%
42%
55%
95%
45%
43%
62%
52%
47%
6*%
91%
3%
2 %
62%
54%
48%
70% 71%
95
95%
3% 3%
2i% Zi
...»
46
43% 45
45%
12%
27
28%
....
71%
93%
45
41
15
42
•82
5%
•62
72
94
93% 91
*41%
45
•
22
22%
'3% 14%
•99%
26% 27%
64 % 66
21% 25%
5:
58%
97% 99
45% 47%
45% 49
9% 10%
12% 12%
38% 29%
54%
7*%
96% 9S%
4%
4%
53%
71% 52
95% 90%
3%
»
4%
24%
110%
'6% 6%
64% 61%
78
79%
96
96%
45% 45%
43
43%
•83% 85
23
22% 23%
1*0%
»
6%
•
6b
76% 7S%
93
44
95
•
•
«
*44^
42%
41
42
*12
42%
84
84
*83% 84
84% 84%
83% 83%
•This is the price bid and asked ; uo sale was made at the Board.
Total sales this
1876,
were as
•
•
•
•
....
week, and the range in prices since Jan. 1,
follows:
Whole
toales f
year 1876.
Low. High
of w’k. ,—.Tan. 1, 1877,
Lowest.
Shares
]
Atlantic & Pacific Telegraph
Central of New Jersey
Chicago Burl. & Quincy
Chicago Mil. & St. Paul
do
do
...
pref...
Chicago & Northwestern
do
pref...
Chicago Rock Island & Pacific..
do
Delaware & Hudson Canal
Delaware Lack. & Western
Erie
Hannibal <fe St.
do
Harlem
Illinois Central
Lake Shore
62%
58%
62%
56%
52%
72%
62%
50
14K
141
54%
*6“
6
66
76
61%
72%
Friday.
Aug. 17.
141
61
...
6
9%
9
11%
11%
62% X60% 60%
53%
52% 54%
47% 49%
48%
70%
70% 71
94% 95%
95%
3%
8%
3%
21% 22%
21%
5%
64 %
98
97
42% 43%
*8%
S%
*105
5%
6%
64% 61%
72% 73%
93
93%
45
96%
45%
*141
53%
47%
45
43
95
44
21% 27%
62 *
•105
Wednes’y, Thursday,
Aug. 15.
Aug. 16
21% 22%
22%
12
12%
12% 12%
99% 99%
99% 99%
27
25
25% 26
63% 65
62% 63%
23% 24%
23% 24%
55% 57
51% :5%
11
*.... 141
6%
6%
61% 65
72% "3%
94% 95
45
*11
*41
95
2i% 28%
21% 21%
110
54
55%
9'%
45
46%
42% 44%
9%
9 H.
U% H%
70%
9'% 95%
S'<
3%
110
22% 23%
54%
95%
70
N.Y.Cen.&H.It
Ohio * Miss...
Pacific Mall...
99% 99%
25% 25%
62% 63
25% 26
62% 63%
23% 23%
47%
46%
Michigan Cent
24%
11% 12
99% 99%
& St. P.
do'’
pref.
Chic. & North.
do
pref.
C. K. I. Os Pac.
Del.* H. Canal
43% 45%
Del. L. * West
41% 43%
Erie
9%
9%
Han. * St. Jos
11% 11%
do
28% 28%
pref.
*141
111
Harlem
Ill. Central...
61% 61%
Lake Shore...
52% 54%
Morris &Essex
Tuesday,
Aug. 14.
Monday,
Aug. 13.
Bataraay,
Aug. 11.
22% ll
12% 12%
99% 99%
25% 26%
63% 64
22
23%
53
55%
9i% 96%
in
pref
15J4 Feb.
6
94
3470;
7
17
70 1735
2,750;
3,055{
14% 22
20% j 109%
112% 121%
Ju' e 11 737% Jan.
Mch. 19418% Jan.
11
Apr.
40% Apr.
15
Apr.
37% Apr.
82%
25%
102,629, 730%
7,950, 4%
3
Joseph
do
4,758
4.85*2]
1,2*1
11.500'
37,030
23,621
58,656'
36,910
24,050!
to date.Highest
3; 25
Mch.
Apr.
June
June
Apr.
Apr.
12j
231
13,
273i
27%
66
37%
58%
231102%
131 74%
11 77
2; 10,%
171 15%
171 33%
A:>r.
Feb. 19 144
40% Apr.
2i 65%
Apr. 23j 58%
235,273 45
Michigan Central
87,820; 35% Apr. 2J 54%
Morris & Essex
17.754! 51% June 13,' 92*4
N. Y. Central & Hudson River.. 39,748 85% Apr. 23! 104%
Ohio <fc Mississippi
19,910' 2*4 July 7j 7%
Pacific Mail
41,985! 12% Apr. 3 26%
50; 80
Panama
Apr. 3 1730
Wabash Receipts
8%
3,457!
*4 June 30
707 59% Jan. 15 73
Union Pacific
Western Union Telegraph
Apr. 4 79%
163,208 56
Adams Express
Apr. 23 105
1,370 91
135! 473% July 3 60%
American Express 265: 36
United States Express
Apr. 27 59%
68' 81
July 25 90
Wells, Fargo & Co
Aug.
Aug.
Jan.
Aug.
Jan.
Jan.
Jan.
Jan.
July
July
May
Jan.
18*/,
49%
31%
46%
84%
55%
67%
45%
98% 111%
61% 125
64*4 120%
7%: 23%
10% 22%
18% 373%
130% <145
60%: 103%
48% 68%
34% 65%
Aug.
Aug.
81
96
Jan.
*
106
;il7%
5
24%
16% 39%
Jan.
Jan
Feb.
122
Mch.
7140
Feb.
Mch.
57%
i
673%
Aug.
Jan.
100
74%
80%
114
Feb.
Jan.
5| 55
67
81 49%' 76%
June
51 79
I «J1
are
117,439
118,562
2,074,502
1,749,233
826,849
312,862
810,993
2,004,242
1,704,499
853,526
286,004
876,636
106,415
122,542
1,889,864
189,831
1,565,721
184,317
272,435
56,120
Atch. Top. * S. Fe. ..1st week of Ang.
$48,734
Bur. C. Rap. & North. 1st week of Aug.
17,0*-7
Cairo & St. Louis.....Month of July..
15,141
Canada Southern
.1st week or Ang.
58,933
Central Pacific
Month of July... 1,366,000
7,710
92,900
61,288
96,424
..
Chicago & Alton
1st week of Aug.
Chic. Mil. & St. Paul...2d week of Aug.
Chic. R. I. & Pacific..Month of May.
Clev.Mt V. &D.,&c..lst week of Aug.
Month of May..
Denver Pacific
Deny. * Rio Grande... 1st w.ek of Aug.
Grand Trank
Week end. Aug. 4
Great Western
Week end. Aug. 3
.
119.100
127,000
564,U2
6,"58
29,614
16,695
166,216
76.895
1877.
138,mi
145,757
30,156
1,091,238
9:8,836
1,541,22 2
9.066,000
9/ 68,167
107,009 2,461,002
2.757,381
125,588 3.762,460 4.913,573
626,738 2,702,656 2,726.239
5,787
215,427
217,573
29,714
126.849
9,349 *394,788 *251,254
162,554 5.140,652 5,542,466
62,420 2,144.993 2,320,629
2.047.572
2,317,509
1,666,132
1,769,362
69 *.079
7 O',966
92,800
598,297
2,365,614
319,011
171,994
79,089
262,297
162,719
819,400
2,450,896
1,154,314
5,392,409
5,645,933
310,946
174,719
79,307
£07,6:9
113,282
13,889
7,747
2,550
53,748
31,88
*
H.&TC7s,glt
33,319
June 1.
...
Current week.
Previous week..
Jan. 1 to date
105% :o5% 105% 105%
105*/, 105% **05% 105%
107% 104% 107% 105%
.
.
..
...
The following are
American coin:
Sovereigns
Napoleons
X X Reichmarks....
X Guilders
Total
of
Balances.
,
Clearings.
$67,591,000 $
602,839
68,273,000
846,319
the quotations in gold for foreign
|4 84 @ $4 88
3 84 @ 3 90
4 75
3 90
Spanish Doubloons. 15 60
4 80
4 10
@
@
@ 15 90
Mexican Donbloons 15 50 @ 15 60
Fine silver bars.....
117 @
117%
Fine gold bars
par@%prem.
s
i Currency.
Gold,
$17,576,000 $2,114,660 $2,210,290
9,276,000 1,082,000 1,140,572
8,932,000 1.011,000 1,076,321
12,100,008 1,532,800 1,613,947
10,862,000 1,117,572 1,204.105
927,796
879,300
8,845,000
! Dimes & half dimes.
Large silver, %s&%s
Five francs
Mexican dollars.
English silver
94%@
94*4(31
—
—
93
92
—
.
—
-
Prussian silv. thalers
Trade dollars
@
@
—
—
—
—
—
65
94
@
@
94%
94%
95
93
4 85
4 80 @
—
and
—
—
70
95
Exchange.—Foreign exchange continues quite dull and prices
depressed. Bankers are not purchasing anything against bonds
imported, and it is difficult to sell commercial hills drawn against
shipments of grain, provisions, or cotton, as the bankers who
take the bulk of such bills cannot sell their own drawn against
them. On actual sales, prices were about 4.83 for bankers’ 60
days sterling, and 4.85 for demand.
In domestic exchange the following were rates on New York
at the undermentioned cities to-day :
Savannah, buying 1,
selling
Charleston, easy, 3-16^^ premium ; Cincinnati, dull
and easier, buying 1-10 discount, selling par ; New Orleans,
commercial, 3-16, bank £; St. Louis, par to 50 premium ; and
Chicago, 75 discount.
Quotations for foreign exchange are as follows:
--Aug.
.Prime bankers’ sterling bills on London...,
Good bankers’ and prime commercial
Good
commercial
.
Documentary commercial
(francs)
Antwerp (francs)
Swiss (francs)
Amsterdam
(guilders)
(reichmarks)
Berlin (reichmarks).
The transactions for the week at the Custom
Custom
House
An g.
follows:
94%@
94% @
94 %@
94% @
Gold.
$720,059 76
171.000
287,281 83
837,131 61
538,916 78
553 325 25
559,326 57
$616,196
922,390
459,8 9
1,614,588
45
80
76
01
$203,151
186,781
152,211
1,035,337
Currency.
$510,126 33
951,62S 50
410,025 04
19
80 1,212,471 38
41
98
441.760 32
79.570 17
261,734 26
982,872 10
151,035 46
1,060,741 14-
$2,326,000 $3,496 074 81 $4 857,681 38 $1,803,088 01 $4
81,305.130 63 50,199,905 92
Balance. Aug. 17
82,988,1.7 63 50,470.531 67
Total
Texas Securities.- -Messrs.
7s,gld §110
7e,g.30 yrs iiim
IPs, 1884. §100
§103%
6s of 1892..
.
§96
erest.
110%
112%
1*1
Hou«ton6’s..
S. Ant’io 10s.. 90
98
587,052 71
Forster, Ludlow & Co., 7 Wall st., quote:
Anstin 10s.... 100
Dallas 10s
90
104%
94%
House and Sub-
Gold.
Currency.
Balance, Aug. 10
State
94%
94%
94%
Payments.
-Receipts.-
•295.000
438 000
370,000
587,000
465,000
@4.83*4
5.17%@5.15
5.17%@5.15
5.17%@5.15
40% @ 40%
4.83
-Sub-Trcasury.-
,
Receipts.
4.83% @4.84
.£0%@5.16%
-20%@5.16%
39%@ 40
94%@ 91%
94%@ 94%
94% @ 94%
94%@ 94%
...
Hamburg (reichmarks)
Frankfort (reichmarks)
Bremen
4.84%@4.85%
.20%@5.16%
Paris
17.
3 days.
4.S5%@4.86
days.
@4.84
.82% @4.83
.8t%@4.82
.81 @4.S1%
60
.83
1876.
21,689
277,141
...
extension ; in 1876, the earnings
—Quotations
Op’n Low. High Clos.
Saturday, Aug. 11.... 105% 105% 105% 105%
13.... 105% 105% 105% 105%
Monday,
“
14.... 105% 105% 105% 105%
“
Tuesday,
15
105% 105% 105% 105%
Wednesday, “
16.... 105% 105% 105% 105%
Thursday,
“
17.... 105% 105% 105% 105%
Friday,
“
Jan. 1 to latest date
$47,315 $1,279,415 $1,291,969
16/74
6/7.229
519,025
•
•
3,447
261,265
6,869
7,317
70,593
52,939
87,769
Market.—Gold lias scarcely varied £ per cent in
and closes to-day the same as yesterday at 105f. On
gold loans the terms were 3, 21, 2, 4 and 1 per cent per annum
and 1 64 per diem.
Tk9 following table will show the course of gold and gold
clearings and balances each day of the past week:
in the second column.
Latest earnings reported.
*
1877.
1676.
•
252.313
(2.350
85 832
Tlie Gold
earnings, and the totals from Jan. 1 to latest
given below. The statement includes the gross earn¬
/
•
654,517
1,364,057
267,044
65,174
83,919
1*2,750
the week,
Treasury have been as
ings of all railroads from which returns can be obtained. The
columns under the heading “Jan, 1 to latest date” furnish the
gross earnings from Jan. 1, to, and including, the report mentioned
•
•
490,496
“
The latest railroad
dates,
•
•
509,314
23,880
4,529
250,703
7,516
Figures this year embrace Trinidad
this extension were not included prior to
•
•
892,027
87,961
361,623
13,133
St.L.&S.E‘n(StL.div.) 3d week of July.
12,686
(Ken.div.)...3d week of July.
3,243
(Tenn.div.)..3d week of July.
40,360
St. Paul & S. City
Month of June..
21,204
Sioux City&St.Paul. .Montn of June .
25,431
Tol.Peoria& Warsaw..1st week of Aug,
106.034
Wabash
1st week of Aug.
Union Pacific
Month of June.. 1,101,099
*
$904,702
3,060,661
•
15.000
253.652
“
D 1 & H. Lake West’n St.Paul Morris
Canal. Shore. Union,
pref.
& Es.
1876.
$141,426
390,483
ST.L.A.&T\H.(brchs).l8t week of Aug.
St.L. I. Mt. & South..1st week of Aug.
St. L. K. C.ife North’n..l-t week of Aug.
St. L. & S. Francisco..Month of July...
1877.
1876
1877.
-
Total sales of the week in leading stocks were as
[Vol. XXV.
...
..
102
....
20
....
|
1
|
(
G. H. & S. 6s, g.
87
80 82
83
60
65
G.H.&H.7e,g.lst 75
SO
do 8s con. 2d
August
Mew
York City
week
AVERAGE AMOUNT or
New
Capital.
York
Manhattan Co...
Merchants’
Mechanics’...,
..
Union
America
Phoenix
City
Tradesmen’s
Pulton..
1,000,000
(500,000
300,000
1,000,000
l,5u0,000
500,000
600,000
.
Chemical... ....
Merchants’ Exch.
Gallatin National
Butchers'* Drov.
Mechanics’ & Tr.
Greenwich
2-0,000
600,000
Leather Manuftrs.
Seventh Ward....
300,000
State of N. York.
800,000
American Exch’e. 5,000,000
Commerce
...
...
Loans and
Discounts.
5,000,000
Broadway
1,000,000
Mercantile
Pacific
1,(00.000
422.700
Republic
1,500,000
6.704.800
4,319,000
8.166.700
2,905,000
5.660.900
3.203.600
1,178,3)0
9.765.700
3.378.900
8.604.200
1,126,000
1.740.800
795,200
2.660.600
740,400
2.345.500
12,964,000
15,067,300
4.865.200
3.178.900
1,877,*00
3.500.700
North America... 1,000,003
3.103.800
1.327.300
2,184,000
Hanover..
1,000,003
3.879.300
Irving
500,000 2,040,0.0
3,000,000 12,574,000
450,000
Chatham
412,500
People’s
Metropolitan
1,546,000
2.265.200
2.461.500
2.135.300
3,898,003'
2.772.700
3,037,900
1,308,000
Marine...
400.000
1,677,000
Importers'&Trad. 1,500,000 15,397,500
Park
2,000,000 11,134.200
600,000
1,000.000
1,000,000
1,000,000
1,000,000
Corn Exchange... 1,000,000
Continental
1,250,COO
Oriental
300,000
Citizens’
Nassau..
Market...
St. Nicholas......
Shoe and Leather.
.......
Mech. Bkg. Ass’n.
Grocers’
North River
East River
Manuf’rs’ & Mer.
Fourth National..
Central National.
Second National..
Ninth National...
First National....
Third National...
N. Y.Nat. Exch..
Tenth National...
...
$
10,793,000
4.838.500
7,539,000
5.406.100
3.120.300
8,150,000
2,900,000
4.867.500
$
$
$
6,218,300'
8,2o2,:(00
701,000
717,300
500,000
300,000
40',000
888,100
781,700
437,900
3,750,(00 13,6*4,800
2,000,000 7,753,000
350,000
If,0,0 >0
300,000
2,000,000
1,500,000
500,030
1,003,000
5,297,100
3.763.300
3.824.900
1.131.800
1.374.500
300,000
f00,000
Bowery National.
250,000
New York County
200,0 0
German American 1,000,003
Dry Goods
1,000,003
1.117.800
1.113.800
2.390.700
711,500
Circula¬
tion.
Legal
Net
Specie. Tenders. Deposits
1,611,800
3,000,000 10,432,6C0 1,978,000
346.500 1.241.300
2,050,0.0
3,000,000
2,000,000
1,500,000
3,000,000
1,000,000
1,000,000
....
BOSTON, PHILADELPHIA,
Banks.—The following statement shows the
condition of the Associated Banks of New York City for the
findiDir at the commencement of business on Ang. 11, 1877:
Banks
157
THE CHRONICLE
IB, 1877. j
930.100 2,065,600
448.300 1,031,400
693,800
213.400
1,069,200 2.901.300
505,000
3^, 000
990.100 1,581,000
428.700
1,791,000
33.200
1.555.400
13-5,500 1.202.300
752,290 3,077,600 10.577.500
606.500 2.638.100
51.900
465,000 2,092,000
227.300
260,000 1,168,000
58,000
31.300
243.700
199,5<;0
1,0^9,300
309.200
2.207.600
376.100
297.600
274.300
911.500
2.237.200
81,800
95,100
97,900
49.400
100,603
11.700
35,000
7,500
146,200
130,100
1,100
270,000
781,800
593,800
45,000
92,000
196,000
2,700
235.900
36,500
45,000
224,000
3.154.900
885.900
45,000
303,000
764.700
670.100
1,171,000
334,400
2.789.900
2.256.200
2.255.100
3.270.600
1.214.600
1.890.200
3.414.600
2,184,000
10,891,000
1.622.600
203.600
1,998,70.)
395.600
340.100
690.200
671,000
1.735.100
1,123,000
3,060,200
1.665.300
2,142,609
233.700
406.000
259.700
450,000
271,600
5,400
293.900
71,800
18,000
133,000
3,900
200,500
493.900
389,100
4,800
.
598,000
1.184.400
1.517.400
226*206
231,000
601.400 3.608.900 16.790.100 1.064,800
tO,000
373.400 2,956,000 13.508.100
165.500
294,700
579,000
13.700
585.300
131.700
2,100
101.400
15.700
162.900
19.400
120.100
900
125,000
Pennsylvania 6s, coup., *.9i0..
Schuylkill Nav. i6t m.6a, ’97.
PHILADELPHIA*
STATE
AND CITY BONDS.
iiik
6s, boat & car, 1913
7s, boat & car. 19.5
Susquehanna 6s. coup.. '9.8 .
BALTIDIOKE.
Maryland 6s, d fenae, J.& J..
Allegheny County 5i, coup...
Pittsburg 43, coup., 1913—
do
5s, rA. * cp., 1913.
735,200
606.300
494.600
97,800
215.500 3.479.900 11,908,700 1,040,666
92,000 1,524,000 6,459,000 1,404,000
523,000
*70,000
2,029,000
704,600
63.500 1,137,400 4.668.500
294,000
840,800 2,307,600 5,335,000
49,400
624,300 2,307,000 5,680,690
828.500
237.700
269,100
28,800
218,100
741,700
439,000
6,000
251,000
932,000
223,200
2.500
180,000
309.700
1,098.800
186,400
509.600
2,272,000
200
23,800
9,000
Camden City 6s, coupon
do
7s, reg. & coup
100
111
Delaware 6s, coupon
Harrisburg City 63, coupon
ioi
112
do
RAILROAD STOCKS.
do
pref
do
new pref
Delaware & Bound Brook....
East Pennsylvania...
10
25
5
27
pref.
Lehigh Valley
Little Schuylkill
Jiinehlll
Nesquelioning Valley
Norristown
North Pennsylvania
...
Pennsylvania
Philadelphia* Erie.
Polladelphia & Read ng
Philadelphia* Trenton
Phlla.Wilmlng. & Baltimore.
Pittsburg Tit us v. & Buff
United N. J. Companies
West Chester consol, pref
We3t Jersey
90
54
52
59
112
113
113*
112
113*
116
113
113
Par.
Balt.* Ohio
100
do
Wash. Branch. 100
do
Parkersb’g Br..50
Northern Central
50
Western Maryland
50
Central Ohio
50
94
97
“3*
vi
22*
Pittsburg & Connellsvllle..50
RAILR'AD
33
35
42
44
95
38
33*
45
46
100
27
*6%
7
12
127
9
12*
129
6*
*7
128*
129
28
32
18
18*
BONDS.
Balt. & Ohio 6s, 1880, J.&J.... 101*
do
6s, 1885, A.&O. .. 105*
N. W. Va. 3d in.,guar.,’85,J*J
Plttab.* Connellav.la.’ad.J&J 93
Northern Central 6s, ’85, J&J. 102
do
6s. 1900, A.&O. 101
do 6s, gld, 1900, J.&J. 90
Cen. Ohio 6s, 1st m.,’90,M.& S. 90
W. Md. 6s. 1st in., gr.’90.J.&J. 108
90
do
1st in., (890, J. & J...
do
2d m., guar., J.&J.... 108
2d m., pref
do
do 2d m.,gr. by W.Co.J&J 100
do 6s. 3d m.. guar., J.& J. 103
Mar. & Cin. 7s, ’92, F. & A ... 89
84
do
2d, M. & N
do
8s, 3d, J.&J
Union RR. )Bt, guar., J. & J..
do
Can on endorsed. ioi
3
5
Huntingdon* Broad Top...
do
railroad stocks.
30
6
34
3J
Elmira & Williamsport
do
do
pref..
Har. P. Mt. Joy & Lancaster.
do
6s,exempt,’9S.M.&8.
do
1900, J.&J...
do
1902, J.&J...,
do ‘5s, new
Norfolk water, 8s
~62
52
113
6s, exempt, 1887 .
do
6>, 1890. quarterly
99
do
5s, quarterly.
BaUlmore 6s, .SSI. quarterly.
ill
do
6s, ;8S6, J.*J
do
63,189 '. quarterly., 113
do
6s, park, 1890, Q.—M.
do
6s, 1893, M. & S
6s, gMd. reg
78, w’t’rln,reg.*c 100* 102
94
7s, itr. imp., reg., ’83-86
N. Jersey 6s, exempt, rg.&cp
Camden County 6s, coup
....
50
89
do
do
do
..
2dm. 6s, 190.
m. 6s, ’95. ..
6s, imp , ’80
do
do
do
do
do
Penna. 5s, g’d, int.,reg. or cp. 101
do
5s, cur., reg ....
do
5a, new, reg., 1892-1902
do
68,10-15, reg.,It77-’82. 102*
do
6», 15-25, reg., 1882-’92. 112 1
107
Philadelphia 6s, old, reg
112
do
6s, new, reg
Camden * Atlantic
do
do
pref
Catawlssa
Bid. Ask.
SECURITIES.
no
9,512,000
6.651.400 2,364,700
431,000 2,220,000
2,423,200
554.900
96.300
456 500
161.300
926.500
17,500
321.100
199.800
624.700
270.800
413.300
155.800
9.900
1,216,000
43.600
24.200
*
740.600
231.800
69.400
19.100
95.100
S
Bid.
SECURITIES.
Etc.—Continued.
CANAL STOCKS.
Chesapeake * Delaware
95
95
99*
80
90
34*
12*
MISCELLANEOUS.
Delaware Division
Lehigh Navigation
Baltimore Gas certificates...
Peansylvanla
Schuylkill Navigation....
do
pref...
Susquehanna
WASHINGTON.
District of Columbia.
Perm. Imp.6s, g.. J.&J., i891. 104
..
..
6
do
7s, 1891
..
102
Market Stock bonds, 7s, 1892. 102
Water Stock bonds, 7s, 190i.. 102
do
do
7s, i903.. 102
.
RAILROAD BONDS.
Allegheny Vai., 7 3-10s, 189j
do
7s, E. ext., 1910
do
lnc. 7s, end., ’91.
13*
People’s Gas
Morns
do
pref
104
80
41
106
92
42
Washington.
13*
106
104
104
104
104
6s,’78
Belvidere Dela. 2d m. 6s. ’8).. 102* 103* Fund, loan (Cong.) 6s, g., ’92. 104
do
31m. 6s, ’37..
do
(Leg.) 6s, g., 1902. 104
103
Camden & Amboy 6s, ’83. .. 102
Certifs.of st’ek (1828) 5s, at pi. 75
103
do
6s, coup., ’89 102
do
(1843) 6s, at pi. 90
do
mort. 6s, reg.,’89 110*
Chea.& O.st’k (’47) 6s, at pi... 85
Cam. & Atl. 1st m. 78, g., 19)3
Georgetown.
do
21 in., 7s, cur., ’80
General stock, 8s, 881
100
Cam. & Burlington Co. 6s.’97. 100
do
6s, at pleasure 85
Catawlssa 1st,Ts, conv., ’a2...
Bounty stock. 6a
do
85
do
chat. m„ 10s, ’88
Market stock, 6s
do
85
100
101* Board of Public Works-r
do
new 7s, 1900
100
106
100
80
Certifs. gen. Imp. 8j, *77-78.! 102
102
do
series
35
Certifs. sewer, 8s, ’74-77
Water certificates, 8s, ’77... 96
105
105
45
94
Ten-year bonds,
|
95
106
..
69,235,200 245,377,200 15,030,700 53,094,800 215,431,600 15,639,500
The deviations from returns of previous week are as follows:
Loans
Dec. $4,390,600 Net Deposits
Dec. $3,735,000
Inc
104,200
Specie
Inc.
894,90) Circulation
Legal Tenders
Dec. 1,It?,300
Total
..
.
The
are the totals for a
Loans.
Specie. L. Tenders.
July 7.. $251,323,800 $21,259,300 $58,447,000
July 14
252.452,700 18,887,80) 58.809.200
July 21. 250,9:2,20) 14.979.800 57,499,700
July 28. 219,169, »00 13,984,100 57.325.200
Aug. 4.. 219,767,8 10 14.135.800 54,262,100
Aug. 11. 245,377,20) 15,030,700 53,094,800
Boston Banks.—Totals were as
,
following
Loans.
July
July
July
July
Aug
9. $131,85 ',000
16. 132,442,200
23. 131,373,800
30. 1*9,844,800
6.. 12.4,167,500
Aui.r. 13.
128,787,400
.
series of weeks past:
215.431.600
15.668.400
394,344,937
15.546.400
400,768,240
15,517,900 368,914,804
15,585,300 390,467,627
15,689,500 310,062,240
follows
Specie. L. Tenders. Deposits. Circulation. Agg. Clear.
$2,429,500 $6,3l6,7u0 $53,736,100 $23,672,100 $51,514,098
49,310,016
52,379,900 23,103,80.)
5.718.700
2.318.700
45,485,814
51,200,000 23,502,200
1.917.700
5,725,30)
39,033,999
50.450.300 23,440,900
1,753,000
6,008,900
50,987,5C0 23,346,800
43,131,316
1.762.100
5.938.700
38,032,036
49.845.300 23,500,600
6,359,300
1.827.100
Philadelphia Banks.—Totals were as follows:
Loans.
Specie. L. Tenders. Deposits. Circulation. Agg. Clear.
July 9.. $63,244,399 $1,50L519 $19,036,133 $57,440,620 $10,465,728 $38,0)31,071
35,5)3,472
1,443,137 18 705,603
5',001,3'0 10,455,306
July 16.
63,692,080
35,619,767
56,152,197 10,414,015
1,320,027 17,734,282
July 23.
63,521,003
29,169,733
53,329,167 10,398,891
Jul* 30.
1,253,386 17,174,770
61,416,285
.
Aug. 6
Aug. 13.
61,043,595
61,142,2:5
.
1,299,145
16,508,255
1,266,194
15,141,508
52,346,689
50,443.923
32,105,987
30,400,020
10,417,785
10,448,640
103
Connecting 63, 1900-1904
Dan. II. & Wilks., 1st., 7s, ’37*.
Delaw are mort., 6s, various..
Del. & Bound Br., 1st, 7s. 1905 99
East Penn. 1st mort. 7s, ’88
E1.&
Deposits. Circulation. Agg. Clear.
$231,228,600 $15,553,100 $345,922,956
229,088,300
522.813.600
221,064,900
2:9,166,600
OayugaL. 1st in.,g..7s, 1901*..
100
5V’ni3port, 1st m.,7s, ’80
1st m., 5s, perp.
do
Hariisburg 1st mort. 6s, *8L.
H. & B. T. 1st m. 7s, g >ld, ’90.
do
2d m. 7s, gold, ’95.
3d in.con8.7s,’95*.
do
Ithaca* Athens 1st,gld, 7s.,’90
Junction 1st mort. 6% ’82.
101
105
.
95
104
6s. long...t
ao
7s, 110 5 yrs..t
do
7 & 7*30a, long.+
2d mort. 6s, 19J0
do
Cln.& Cov. Bridge st’k, pref
110
Lehigh Valley, 6s, coup.. 1898. 168
Cin.Ham. & D. 1st m. 7s, ’80
do
6s, reg., 1893...: 109* no*
do
2dm. 7s,’a5.
114
112
do
78, reg., 1910
Cin. Ham. & Ind., 7s, guar...
93
92
do
con. m.,6s,rg.,1923
92
Cin. & Indiana : st m. 7a
Little Schuylkill, 1st m. "V77
70
2dm. 7s,’17..
do
Northern Pac.73-I0s,cp.,1900* 10
103
Colum. & Xenia, 1st m. 7s, ’90
North. Penn. 1st m. 6s, cp ,’85.
Dayton & Mich. 1st m. 7s. ’81 101
2d m. 7s, cp.. ’96. 111
do
08
do
2dm. 7a, ’84
103
do gen. m. 7s, cp., 1S03. 106
90
do
3d m. 7a, ’83
do gen. m. 7s, reg., 1903 106
Dayton* AVest.latm.,’81...t 100
80
Oil Creek 1st m. 7s, coup.,’8)
83
do
1 st m., 1905
i^ittsb. Tltusv. & B., 7a, cp.,’96 55
do
1st m. *?a, 1905 73
.
...
110
Pa.& N.Y.C.& P.RK.78,’%-1906
Pennsylvania, 1st in., cp.,’80..
do
gen. m. 6s, cp., 1910.
105
107
90
Ind. Cin. & Laf. let in. 7a
do
(I.&C.) 1st m.7a,’88
Little Miami 63, ’c3
Cin. Ham. & Dayton stock...
Columbus & Xenia stock
ldd
do
gen. m 6s, ig., 1910.
do
cons, m 6-, rg., 1905.
do
cons. m. 6s. cp., 1905.
Perhiomen 1st 111.6s. coup.,’s7
Phila. & Erie 1st m.6s, cp.,’8i. 102*. 103
do
2d m 7s, cp.,’88. 92*1 94
Phila. & Reading 6s, ’80, 7 — 103
do
7s, < oup.,’93
40
do
deben., cp.,’93
do cons. m. Ts, cp.,191!. 96
9rt
97
do cons. m. 7s, rg.,1911.
50
46
do new con. 7s,’893
DO
I’hiia.* Read. C.& 1. deb. 7s.f2
55
do
do
Ts, ’92-93.
Phila. Wllin.* Balt. 6s,’84
72
Pitts. Cin. & St. Louis 7s, I960 70
Shamokin V.& Pottsv. 7s, 1901
Steubenv. & Ind. 1st, 6s, )881.
...
Bid. Ask.
SECURITIES.
Vermont * Mass. 1st m., 6s,’63
BOSTON.
Maine 6s
New Hampshire
do
6s
Boston & Albany...
iBoston & Lowell
112*
|Boston & Maine
109* 110
7s
Municipal 7s
Portland 6s
Atch. & Tcpcka 1st in.7s
Boston
&
do
114* 115
62
1 8^*
120
(Burlington & Mo. In Neb
i 34
j
(Concord
i
'Cheshire preferred.
'Cin. Sandusky & Clev
:
l*
09
’
Connecticut River
123
86* 87
Conn. & Passutnpslc
i 42
landgrant7s 77* 78
Eastern
2d 78...
3*
(Mass.)
46* 47
land lnc. 12s. 101* 102* Eastern (New Hampshire)...' 22
104
Fitchburg
Albany 7s
115%
ioV
6s
Boston & Lowell 7s...
Boston & Maine 7s
Burl. & Mo., land errant 7s....
do
Neb. 8s,lS9i
do
Neb. 8s, 1983
107
111
109
105 *
95
new.
new......
49*
-
Eastern, Mass.,3)^8,
...
Hartford & Erie 7s,
Ogdensburg & Lake Ch.Ss...
Old Colony & Newport 7s, ’77.
Rutland, new 7s
10*
iii*
ios*
100
Vermont * Canada,
new
8s..
*88*
1*0*
34*
1*
44
3*
.122
Manchester* Lawrence
124
Nashua & Lowell
9i
j 80
New York & New England
Northern of New Hampshire! 67*
Norwich * AA'orcester
117
95* Ggdensb. & L. Champlain ...
do
do
50
pref.
10* Old Colony
22*
24
Stony Creek 1st in. 7s, ;9)7....
Sunbury & Erie 1st m. 7s, ’77 . 105* 106
United N. J. cons. m. 6s, ’94
Warren* F. 1st m. 7s,’9)
West Chester cons. 7a, ’9i—
01
AVest Jersey 6s, deb., coup.,’83
do
let m. 6s, cp.,’96. 101* 103
ilOo
103
1st 111.7s, ’97
do
Western Penn. KR. 6s, :893
84
77
do
63 P. B.,’96
AVilm. * Read, 'at 111.7s, '.900*
do
2dm., 1902*...
.
,1!K!
..
Dayton & Michigan stock....
8. p.c.
do
Little Miami stock
Ohesap. & Dela 6s, reg., ’82..
Delaware Division 6s, cp.,’78.
Lehigh Navigation 63, reg.,’84
do
RR.. rg..’!)T
do
deb.,rg.,’77
do
conv., rg.’82
do
conv.,g., rg.,’94
do
gold, V7—
do cons. m.7s, rg ,1911
83
87
Portland Saco & Portsmouth
Rutland, common
do
preferred
18
Vermont & Canada
Vermon & Massachusetts.. 106
Worcester* Nashua
87*
68*
40
20
106*
Morris, boat loan, reg., i8S5..
*
In default of Interest.
05
07
102
101
I
|
36
85
85
105*
96
100
106
112
105
103
101
50
94
75
105
103
101
99
87
77
65
93
90
20
05
40
90
90
Louisville 7s
do
61, ’82 to ’87
do
63,’91 to’9i
‘do
t
+
t
water 6a,’87 to ’89 t
water stock 6s,’97.t
wbarf 6s
..t
spec’l tivx 6s of ’89.t
Jeff. M.&l.ist m. (1*M) 7b,’8lt
do
2dm., 7s
i
do
1st m.,7s, 1906—t
Loulsv.C.* Lex. 1st in. 7s,’97.
Louis.* Fr’k.,Loulsv.ln,6s,’8
Louisv. * Nashville—
Lcb .hr 6s, ’86.
t
1st m. Leb. Br. Ex.,7a,’80-S5.t
6s, ’a3...f
Lou. In.
do
Consol. 1st m. 7s, ’98
Jefferson Mad. & Ind
Louisville* Nashville
Loulivllle AA'ater 63, Co. 19071
do
do
d^
ST. LOUTS.
6s, long
90
102*
st’k, guar
60
90
90
10
01
100
110
115
LOUISVILLE.
CANAL BONDS.
.
Verm’t C. 1st m., cons. 7s, ’85.
do
2dm.. 7s, 1891
..
Boston & Providence
sewerage
do
do
do
..
STOCKS.
Vermont bs
Massachusetts 5s, gold
Boston 6a, currency
do
5s, gold
Chicago
Bid. Ask.
SECURITIES.
97
100
107
93
101
98
Hamilton Co., O.,
,
POTATIONS IN BOSTON, PHILADELPHIA AND OTHER CITIES.
CINCINNATI.
98
Cincinnati 6s
106
do
7s
do
V30s
t 110
do
South. RR. 7'30s.t 104*
95
do
do
6s, gold
104
101
•
St. Louis
do
do
do
do
do
St. Louis
do
t
gold
t
new.t
bridge appr ,g. 6s t
reneival, gold, 6s.t
sewer, g. 6s,’9.-2-3.t
105*
water bs,
do
do
Co. new park,g.63.f
t
83* 3t.L.& San F. RR. bds, ser’s A
do
do B
do
do
do
do C
cur. is
t And interest.
108*
111*
25
QUOTATIONS OF STOCKS AND
active Railroad Stocks are quoted on a previous page.
U. 8. Bonds and
State Bonds.
Alabama 5s, 1883
do
5s, 1886
do
88, 1886.
do
8s, 1S88
40
'
^
»
t
109%
Chic., Rk. Isl. & Pac.,lstm. 7s 103%
do
S. F. Inc. 6b, ’95
do
6s, 19:7, coupon, 103%
do
6s, 1917, regist’d
Central of N. J., 1st m., new... lio
09%
do
do
lBtconsol
*
....
....
do
do
con. conv. ..
Lehigh A Wilkes B.con.gbar
Am. Dock A Improve, bonds
Ch. Mil. A St. P. st in. 8s, P.I)
do
do
2dm. 7 310, do
do
do
1st 7s, gd., H.D
do
do
1st 7s £
do
do
1st in., La C. D.
do
do
lstm.,
I.&
M.D.
do
107%
do
do
1st m., 1. A D .
do
do
1st m., H. & D.
i
do
lstm., C. & M..
do
do
do
1st in., consol..
do
do
2d m
Chic. A N. Western sink, fund
do
do
int. bonds,
do
do
consol, bdt
do
do
ext’n bds..
1st mort...
do
do
do
do
cp.gld.bds.
reg. do
do
do
Iowa Midland, 1st mort. 8s...
50
Galena A Chicago Extended.
77* 1‘U
Peninsula 1st mort.,conv...
Chic. & Milwaukee, 1st mort
Winona & St. Peters, 1st m...
Arkansas 6s,funded.
do 7s. L. R. & Ft. 8. Isa
do *3 Memphis A L.R.
do 7s, L. R.P.B.&N.O
do 7s, Miss. O. & R. R.
do 78, Ark. Cent. RR...
Connecticut 6s..
Georgia 6s
..
do
7s, new bonds....
do
7s, endorsed. ...
do
7b, gold bonds...
Illinois 6a, coupon, 1879—
do
War loan..
Kentucky «8
Louisiana 6s
Bid.
38%
39%
92
I
05%
Illinois A So. Iowa, 1st mort
do
ex coupon. ..
Han. & Cent. Missouri, lstm
,
Pekin LIuc’ln& Dec’t’r.lstm
Western Union Tel., 1900,coup 104
do
do
reg...
Boston A N. Y. Air Line, let m
Cln. Lafayette & Chic., 1st m..
!02% 103% Long Island RR., lbt mort. ...
St. L. & San F., 2d in., class A.
83% 89
class B.
88
do
do
07
class C.
do
do
87
87%
South Pacific Railroad, 1st m.
99%
88
South Side, L. 1., 1st in. bond*,
dp
sink. fund...
92%
108%
105*
89%
104
109
%
25
20
12
t
.
72
114
110
Albany, N. Y., 6s, long
Buffalo Water, long
t
f
Chicago 6s, long dates
do
7s, sewerage
.t
do
7s, water
t
do
7s, river Iinprovem’t t
Cleveland?-, long
+
Detroit Water Works 7s
t
Elizabeth City, 1880-95
t
do
1885-93
t
Hartford 6s, various
114
105% 106
110
109
109% 110
110
109
107% 111
119% 111
93
95%
93
95%
106
104
105%
103
100
.97
113
112
115
113
105
103
109
109
109% 111
S
70
.
>
1
f
•
61
99
85
‘95
•68
25
54
67
54
64
Wisconsin Cent., 1st, 7s
Mercant. Trust real e8t.mort.7f MOO
*
*
’
38
40
j
101%
I
§
..
•
•
«
*
*
*
*
....
..
....
•
.
•
•
..
.
•
•
•
»
•
•
•
.
.
.
.
....
...
....
ib'2%1
tl#
,
...
...
..
•
•
•
..
....
78 of 1888
....
Non-fundable bonds
Tennessee 6s, old
do
do
1%
«3%
...
68, new........
6b, new series..
6e, new bonds, 1S66
6s,
do '
1867
6b, consol, bonds
6e, ex matured coup. ..
€e, consol., 2d series
68, deferred bonds
District of Columbia 3.65s.
do
small.,
do
registered
Railroad. Stocks.
(Activepreri'mly quot'd.)
Albany A Susquehanna...
Central Pacific
Chicago A Alton
Cleve. Col. Cln. & I.
Cleve. A Pittsburg, guar..
Col. Chic. A I Cent
Erie
•
•
44
44
43%
30
30
30
....
78
....
66%
41%
...
77%
69
67%
ifj
77%
~T7%
73
85
89%
pref
Dubuque A Sioux
•
43^
Virginia—
6s, old
do
•
City.
.
104
26
78%
1%
50
26 U
2
...
pref
Indianap. Cln. A Laf
Joliet A Chicago
Long Island
Missouri Kansas A Texas.
%
New Jersey Southern
N. Y. New Haven & Hart. 152
Ohio A Mississippi, pref
Pitts. Ft. W. A Ch., guar.. 87V
do
do
special.
Rensselaer A Saratoga .
Rome A Watertown
St. Louis Alton & T. H
pref.
do
do
Belleville* So. Ill.,pref.
8t. L. I. M A Southern..
St.L. K. C. & Norlh’n.pref
Terre Haute A ind’poiis .
Toledo Peoria A Warsaw.
31
United N. J. R. & C
y. >
Warren
Mlacel’ous Stocks.
District Telegraph.
Canton Co., Baltimore....
Cent. N. J. Land & lm. Co.
Am.
American Coal
Cumberland Coal A Lon.
.
(Stock Exchange Brices)
Boston H. & Erie, 1st m..
do
guar. ...
Bur. C. R A North., 1st 5i..
Chssa & Ohio 6s, 1st m.
do
; i
ex
«%
20
coup
Chicago A Alton let mort. 115
Income. m
do
Joliet A Chicago, 1st m. 107
La. A Mo., 1st in., guar..
St.L.Jack,* Chic.,1st in. 105
7
22
90
111
108
Chic.* S’thwestern 78, guar..
110% Chesapeake & 0.2d m., gold 7s
113
104% 105
107
107
104
Harlem, 1st mort. 7s, coup...
7s. reg
do
do
North Missouri, 1st mort
Ohio & Miss., consol, sink. fd.
consolidated
do
do
2d do
do
1st Spring, dlv..
Pacific Railroads—
Central Pacific gold bonds..
do San Joaquin branch
do Cal. A Oregon 1st .
do State Aid bonds. ...
do Land Grant bonds..
Western Pacific bonds. ...
Union Pacific, 1st mort. b’ds
Land grants, 7s.
do
Sinking fund...
do
Pacific R. of Mo., 1st mort...
2d mort
do
do
Income, 7s.
do
IstCaron’tB
Penn. RR—
Pitts. Ft. W. A Chic., lstm..
do
do
2dm..
8d m..
do
do
Cleve. A Pitts., consol., s.f..
uo
4Lh mort....
Col. Chic. & Ind. C., 1st mort
do
do
2d mort
Rome Watert’n & Og., con. 1st
St. L. A Iron Mountain, 1st m.
do
do
2dm..
St. L. Alton A T. H.—
Alton A T. H., 1st mort .. .
.
23
Consolidate Coal of Md
MaripoBa L. & M. Co
do
do
pref.
Maryland Coal
Pennsylvania Coal
Bpring Mountain Coal....
Railroad Bonds.
Mich S. & N. Ind., S.F., 7 p.c.
Cleve. A Tol. sinking fund.
do
new bonds....
Cleve. P’vllle & Ash., old bds
do
do
new bds.
Buffalo A Erie, new bonds...
Buffalo & State Line 7s
Kalamazoo A W. Pigeon, 1st
Det. Mon. A ToL.’.st 7s, 1906.
Lake Shore Dlv. bonds
do
Cons. coup.. 1st.
do
Cons, reg., 1st.,
do
Cons, coup.,2d.,
Cons, reg.,2d....
do
Marietta A Cin. 1st mort
Mich. Cent., consol. 7s, 1902,...
do
lstm. 8s. 882, s.f.
do
equipment bonds.
New Jersey Southern let m. 7s
do
do
consol. 7s
N. Y. Central 6s, 1833
do
68, 1887
do
6s, real estate...
do
6s, subscription,
do & Hudson, 1st m., coup
do
do
lstm., reg..
Hudson R. 7s, 2d m., s.f., 18&:
93
i05%
107
ib'7
92
93
104% 105
113
Chicago Clinton & Dub. 8s
Cldc. & Can. South lstm. g.7s.
Ch. D. & V.. I. div., lstm. g.7s.
Chic. Danv. & Vlncen’s 7s, gld
Col. & Hock V. 1st Ts, 30 years,
do
1st 78, 10 years,
do
2d 7s, 20 years..
Connecticut Valley ts
Connecticut Western 1st7s...,
Chic & Mich. L. Sh. 1st 8b, ’89.
Dan. Urb. Bl. & P. 1st m. 7s, g.
Des Moines & Ft. Dodge lst?s.
Det. Hillsdale & In. RR. 8s ....
Detroit & Bay City 8s, end...*f
Det. Lans. & Lake M. 1st m. 88
Dutchess & Columbia 7b...,
Denver Pacific 7b, gold
Denver A Rio Grande 7b, gold.,
85
L<'5% 106
104
i'll
117% 113
'
do
do
9,<%!| 100
86
85
85
33%) 36
con. m., 7b..
7s, equip...
Evansville Hen. & Nashv.
60
80
7s...! 30
Evansville, T. II. A Chic. 7s. g. »50
Flint & Pere M. 8s,Land grant. *78
Fort VV., Jackson & Sag. 8s, ’89 ....
Grand R.& Ind. 1st 7s, l.g., gu.j 94
do
istlB, 1. g., notgj.i ?7
do
1st ex 1. g. Is.j 40
Grand River Valley 8s, 1st m.. f ...
Houb. & Texas C. 1st 7s. gold..
consol. bds..
do
Kal. Alleghan. & G. R. 8b, gr..
Kansas City & Cameron il's.M
Keokuk & Des Moines 1st 7s. .
do
funded int.
do
pref. stock...
Lake Sup. A Miss, let 7s, gold.
Leav. Law. & Gal. 1st m., 10s.
103
26
do
2d mort.,pref..
do
2d mort. inc’me
Belleville A S. Ill.R. 1st m. 8s
Tol. Peoria & Warsaw, E. D...
W. D..
do
do
do
do Bur. Div.
do
do 2d mort..
do
do consol.7s
Tol. * Wabash,lstm. extend., 107
93
do
ex coupon
Logans. Craw. & S. W. 8s, gld
Michigan Air Line 8s....
*1
111% Monticello & P. Jervis 7s, gld.
Montclair &G. L.lst Ts
85
75
90
81
do
2d m. Vs
MO/K.& Tex. 1st 7s, g., 19O4-’06
do
2d m. income...
N. Haven Mtddlet’n & W. 7s. .
N. J. Midland 1st 7s, gold
2d 7s
do
28
Greenville & Col. 7s, 1st mort.
Ts. guar.
do
Macon &
do
do
2d endorsed.
stock
38
'90
,
do
2d 7s...
do
stock..
68
7%
35
95
Memphis & Little Rock 1st m.
MiB8l=sippi Central 1st m 7s ...
2d m.os
do
95
86%
Memphis & Charleston 1st 7s..
73%
..
Montgomery * West P. 1st 8s.
Mont. & Eufaula 1st
8s, g., end
Mobile A Ohio sterling 8s.....
do ex cert. 6s
do
8s, Interest
2d mort. 8s
Nashville Chat. & St.L. 7s..
Norfolk & Petersburg 1st m.8s
do
do 7s
2d m. 8s
do
Northeastern, S. C., 1st m. 8s.. 100
do
2d m. 8s.. 83
15
85
75
Orange & Alexandria, lsts, 6s. 80
67
do
2ds,6s..
do
8ds,8s...
4tlis,8s..
do
Rlchm’d & Petersb’g 1st in. 7s.
Rich. Fre’ksb’g A Poto. 6s
do
do mort. 7s
Rich. A Danv. 1st consol. 6s...
Southwest RR., Ga ,conv.7s,’86
3. Carolina RR. 1st in. 6s
do
7s, 1902.........1
do
7s, non mort..
do
stock
Savannah & Char. 1st M. 7b...
Charleston A Savan’h 6s, end
West Alabama 2d m.Hs, guar.,
1st m. 8s
do
PAST DUE COUPONS.
Tennessee State coupons
South Carolina consol
Virginia coupons
do
consoi. coup
VleinDhls City Coupons
*
Price nominal,
t And accrued intvcBt
...
Augusta bonds
N. Orleans & Jacks. 1st m.8s.
2d m. 8s.
do
j ...
Int. H. & G. N. conv. 8s
Jackson Lans. & Sag. 8s,1st m
ioo% ioT
h 5% 105% Kansas Pac. 78, g.,ext. M*N,’99
do 7s, g., I’d gr.,J*J,’80
103%
do 7s, g.,
do M&S/86
97% 98
do 68, gold, J.&D., 1896
98% 99
do 6s, do F.&A., 1895.
90
do 7b, Leaven, br., ’96..
do Incomes, No. n
70
No. 16
do
do
do
Stock
117
119%
Kalamazoo
South
111
&
H. 8s, gr.t
113
102
1C6
63
stock
do
do
do
| 89% Indianapolis* St. Louis 1 st 7b
Houston & Gt. North. 1st 7s, g.
86% 87
International (.Texas) Istg...
108
89
108%
70
Georgia RR. 7s
Indianap. & VIncen. 1st 7s, gr..
Iowa Falls & Sioux C. 1st 7s...
106%
end. Savan’h.
stock
do
guar...
35
Carolina Central 1st m. 6s, g.. .*
ICO
Central Georgia consol, m. 7fl.
do
stock
69
Charlotte Col. & A. 1st M. 7s..
do
do
stock
100
Cheraw A Darlington os ......
75%
East Tenn. & Georgia 6s
79
Ea6l Tenn. & Va. 6s end. Tenn
E. Tenn. Va. & Ga. 1st in. 7s... 90
do
do
stock......
do
do
do
25
Evansville A Crawfordsv., 7s.. 100
Erie & Pittsburgh 1st 7b
100
....
103% 104%
117% 118
end
Cert’s
Atlantic & Gulf, consol
Ala. & Chatt. 1st m. 8s,
Ala.& Chatt. Rec’ver’s
L7
_
106
RAILROADS.
2
*
Piic?
nominal
30
79
30
S
l
$/•
• • •
....
•
$
|
Southern Securities.
(Brokers' Quotations.)
£
r*
73%
35
60
85
73
•58
•
33
35
>:
‘4
90
101
Michigan 6s, 1873-79
STATES.
do
6p, 1883
Alabama new consols, Class A 40% 41%
do
2d mort.
7s, 1890
do
110
*109
do
Class B 67% 99®
do
C. C. C. & Ind’a 1st m. 7s, S. F..
97
Missouri 6b, due 1877.. .. 100% 101%
consol, m. bonds
do
Georgia 6s, 1878-’86
102
70
101%
68
do
do
1878
i07
South Carolina new consol. 6s.
Del. Lack. & Western,2d m...
99
97
Funding, due 1834-6. . . 106%
100
Texas
6s,
1892
M.&S.
do
7s,
conv.
do
106
106%
Indianapolis 7.30s
.t
114
Long bonds, due '32-’30. 105
do
Ts, gold, 1904-1910. J.&J. 109% no%
Morris A Essex, 1st. m
112
Long Island City
t
Asylum or un.,due 1892.
104%
do 7s, gold, 1904
2d in or t
J.AJ. 111
do
Newark City 78 long.
105
+
103
Han. A St. Job., due 1886. 105
do
6s, gold, 19U7
do
bonds, 1900....
J.&J.
do
Water
long...t
7s,
do
do 1887- 105
104%
89
do 10s, pension, 1894.. J.&J. 103%
construction,
do
Oswego 7s
t
New York Statedo
7s, of 1871 ... 99% 100% Poughkeepsie Water
+
85
68, Canal Loan, 1877 .. ..
CITIES.
do
1st con. guar.
Rochester C. Water bds., 1903f
6s,
do
1878
Del. A Hudson Canal, lBtm.,’77 100%
Atlanta, Ga., 7s
Toledo
8s.
1877-’S9
t
90
6s, gold, reg....1887
99%
1881
do
8s
do
do
102
Toledo 7.30s.
6s, do coup..!8S7 .....
ao
do
189:
do
waterworks
108
Yonkers Water, due 1903
6b, do loan... 1883
do
do coup. 7s, 1891
Augusta, Ga., 7s, bonds
6s, do
do ..1891
reg. 7,189^
do
do
Charleston stock 6s
RAILROADS.
6b, do
do . 1892
Charleston. S. C., 7s, F. L. bds.
Albany & Susq. 1st bonds...
6s, do
AtcliDon A P. Peak, 6s, gold..
do .1893....
25
do
-d
do
Columbia, S. C., 6s
North Carolina—
Atchison & Nebraska, 3 p. c...
do
3d
do
20
Columbus, Ga.,78, bonds
6b, old. J. A J
Bur. & Mo. Riv., land m. 7s...t 109
do
1st cons, eu*’20
17
Lynchburg 6s
do
A. & O
do
3d
S.,
8s...t
do
100
Rens. & Saratoga. 1st coup..
Macon bonds, 7s
N.C. RR
J.&J.... 65
do
4th S.t do 8s... t 100
do
1st
resist’d.
Memphis bonds C
do
..A.& O.... 65
do
5thS..do8s...t 102
do
bonds A & B
Erie, 1st mort., extended
do coup, off, J. & J.. 48
do
6th S., do 8s...t 104
do
do
do
endorsed
end., M. & C. RR ...
do
do off, A. A O. 48
Bur.
C.
R.
A
N.
(Mil.)
g.
7s....
20
105%
105%
do
2d mort., 7s, 1879
Mobile 5s (coups, on)
8%
106
Funding act, 866
106% Cairo & Fulton, 1st 7s, gold... 55
do
3d
7s, 1833
do
8s (coups, on)
15
do
8
do
1868
California
Pac.
Rli.,
7s,
gold
86
do
4th do
7s, 1830.........
do
6s, funded
?%
New bonds, J. & J
do
6s, 2d m. g.
io*3%
do
5th
do
7s,
1888
7
Montgomery 8s
do
A. & O
Canada Southern, 1st m
'Nashville
do
6s,
old
78,
mort.,
bds..
cons.,
g’d
1%
103
do
with int. certlfs
Special tax, Class 1
iio%
do
do Long Dock bonds
1
68, new
2%
Class 2
do
101
Central
Pacific,
7s,
gold,
conv.
Buff. N. Y. & E, 1st. m., 1877...
1
Class 3,....
do
29 ! New Orleans prem. 5s
Central of Iowa lstm. 7s,gold.
do
do
large bds.
do
consol, fis..
104
Ohio 6b, 1881
100%
Keokuk A St. Paul 8s
]
t
do
do
new bds, 1916 105%
do
r.illroad, 6s
111
65
do 6s,; 886
'92
Carthage & Bur. 8s
..
a *t
mx
Han. A St. Jo., 8s, conv. mort.
wharf imp’ts, 7-30
do
Rhode Island 6s
Dixon
Peoria*
Han.
88.
Norfolk 6s
Illinois Central—
South Carolina—
O. O. & Fox R. Valley 8s >*at
40
Dubuque & Sioux City,1st m.
Petersburg 6s
68..-.
.^f 109 iio
Quincy & Warsaw 8s ...
do
do
2d dlv.
Richmond 6s
36
Jan. A July
108% no
Illinois Grand Trunk....
Cedar F. A Minn., lBt mort..
Savannah 7s, okl.
36
April A Oct
10
Chic. Dub. & Minn. 8s
do
7s new.
Indianap. Bl. & W., 1st mort...
36
Funding act, 1866
Peoria & Hannibal R.
ioo% ioi%
2d mort...
do
do
45
Wllm’ton, N.C., 6s, gold > coup
60
Land C., 1389, J. &. J
A
R.
t
Chicago
Iowa
SsSb.
3
Lake
Shore—
do
8s, gold J on.
LandC., 1889, A. & O.... 45
American Central 8s ..-.Jy t 101% 102
>02% 103
Mich. So. 7 p. c. 2d mort
38
*
;■
C. •#
Union & Logansport 7s.
Union Pacific, So. branch, 6s,p
Walkill Valley 1st 7s, gold....
West Wisconsin Ts, gold
CITIES.
-»
38
90
10
Rondout & Oswego 7s, golu...
Sioux City A Pacific 6s
Southern Minn. 1st mort. 8s...
do
78, 1st
32
25
15
63
30
14
Sandusky Mans. A Newark 7s.
St. Louis Vandalia & T. H. 1st.
2d, guai
do
St. L. & So’eastern 1st 7s, gold.
St. L. A I. Mt. (Ark. Br.) 7s, g.
South. Cent, of N. Y. Ts, guar.
(Brokers' Quotations.)
104-6
89%
88%
I
Miscellaneous List.
103
*6% -7%
Oswego & Rome 7s, guar ....
Peoria Pekin & J. 1st mort ...
Peoria & Rock 1.7s, gold
Port Huron & L. M. 7s, g. end.
Pullman Palace Car Co. stock.
do
bds,, 8s, 4th series
Rockf. R. I. * St. L. 1st 78, gld
Quincy A Toledo, 1st in., ’90..
91%
107
New Jersey & N: Y. 7s, gold...
N. Y. & Osw. Mid. 1st
do
2d 7s. conv.
do recelv’8 ctfs.(labor)
do
do
(other;
North. Pac. let m. gld. 7 3-10-..
Omaha & Southwestern RR. 8s
convert...
con.
Great Western, 1st in., 1888.. 107
90%
do
ex coupon ..
do
2d mort., ’93. 62%
H4%
106
107
105
101
76
65%
H
Bid. Asj.
8KOURITIK8.
65%
do
whatever the par may It,
Vsk.
Tol. &Wabash, istm.St.L. dlv.
do
2d mort
do
equip’t bonds,
109
22
40
08%1
6b, new
6s, floating debt
7s, Penitentiary
6b, levee
8s, do
8b, do 1875 ....
8b, of 1910
7b, consolidated
7b, small
do
do
do
do
do'
do
do
-
20
20
115%
Chic. Bur. & Q. 8 p. c., 1st m. .
do consol, m. 7s
do
58 slnk’g f’d. A.&O
do
•
#
8s Of 1892
8b of 1893
do
•
•
40
40
40
8b,M.&E. RR..
8b. Ala. * Ch.K.
do
•
BONDS IN NEW YOlUv.
Prices represent the per cent value,
SECURITIES.
Ask.
Bid.
SECURITIES.
Bid. Ask
SECURITIES.
do
do
do
Jo
[Vol. XXV.
THE CHRONICLE.
158
....
81
3&
159
THE CHRONICLE
18, 1877. J
August
NEW YORK LOCAL SECURITIES.
Insurance Stock List.
(Quotations bv K. S. Hailey, broker. 65 Wall street.)
“
Capital
COMPANIES.
Marked thus (*
not National
American Exch
Bowery.-..
r
...
U
Brewers &G10 a
Broadway .
Ball’s Head*.
Batchers & Drcv
Chemical
Citizens’
City
Commerce
X'
Continental
X)
Corn Exchange
X)
0
0
0
Dry Goods*
.
Eleventh Ward*.
Fifth.
Avenue*...
Fifth
First
)
50.300 J. & J.
170/00 1. & J.
3
12/00 M.&8.
500,00, 1,849.700 J. & J.
’500.001
135 200 J. & J.
18.300
10
4
4
14
436,400 J. & J.
1,191,400 F.&A
12
10
7
10
9
10
6
10
8
8
8
J
1
Hanover
Harlem*
Import. & Traders
l
Irving
Island City*... .
Leather Manuf....
t
1
Manhattan*
Manuf. & Merch*
Marine
11.* DC
Market
1
Mechanics
Mech. BkgAsso...
Mechanics & Traci.
68,000
401,-.00
074/00
81,000
323 .00
Mercantile
Merchants......
Merchants’ Ex
3,000,001
Metropolis*.
Metropolitan
Murray Hill*
3,000,0(K
234,700
916.600
283/00
irooo,oik
35.7 00
991,00 >
7,(0
51,200
759/00
500,001
200,001
1,000,001
Nassau*
New York.
New York County
N. Y. Nat.Exch...
*
Ninth
North America*...
North River*
Oriental*
3.000,000
200,000
300,000
1,500,000
97.500
78 500
Pacific*
Park
422.70(
2,000,001'
412,51k1
1,000.001
Peoples*
Pheulx
Produce*
250,000
Republic
1,500,(XX1
1,000,000
St. Nicholas
Seventh Ward...
Second
8hoe and Leather.
Sixth
State ofN.Y
Tenth
Third
„
v
9
.
T
T
200.000
BOO,000
500,000
1,000,000
1,000,000
1,500,000
200,000
..
•
.
1 ’’eb.. '77. ..4
8
6
12
14
12
5
2/77...8
uly 2. ’77...5
uly 2, '77...5
an. 1, ’77...4
Jday 10. ’77 3 k
an.2 ’74.2kg
Ju y 2/77.. 3
. uly 2/77...4
: day l,’77 ..4
•
•
*** -
.
...
....
9*7* ‘
....
59)i
....
....
....
.
10
9
8
8
,
Jau
|
60k
....
....
•
•
•
•
....
....
•
....
....
....
....
•
•••
....
....
....
....
-...
105
132
..
....
....
1.8
....
|
•
•
|
|
....
..
•
•
....
«...
....
no
no
....
•.
....
76
51
....
....
•
•
.
.
.
.
.
.
.
Trad.
...
05
Ki
Co. (B’klyn;
Kings
Knickerbocker
Ki
La
Lafayette
(B’klyn)
La
Lamar..
J.
Lenox
Le
Lc
Long
Island(Bkly.)
Loriilard
Lo
Manuf & Builders’.
Mt
Manhattan
Mt
Mech.&Trad’rs’—
Mt
1 Mechanlcs’(Bklyn)
Mt
|
|
|
|
Mercantile
Mt
Merchants’
Mt
Montauk
(B’klyn).
M<
....
....
....
.
...
,
•
25
20
100)
50
20
50
100
Harlem
Jersey City & Hoboken
Manhattan
Metropolitan
do
do
certificates
Louis...
100
1000
25
Mutual, N. Y
bonds
do
Nassau, Brooklyn
I
var
scrip
do
_
■
New York
100
10
10CC
People’s (Brooklyn)
^
do
do
do
do
bond"
certificates..
var
Central of New York
50
WtlllamBburg
50
do
scrip
Metropolitan. Brooklyn
var
1(0
5
July 2, ’77
f
,,
..
..
37
37)4 15)
..
5
5
Exchange
Relief
Re
Republic
Re
Resolute
Re
Ridgewood
Ri
Ri
Rutgers’
Safeguard
St.
....
Nicholas
Standard
*77
Feb., '77.
3S Feb.. ’77.
3W
Apr.,
!.& J. 3 kg
3
Var
1,000.000
M.&N.
3)4
■700,000
4,000,000 M.&N. 5
1,000,000 J. & J. 3 k
325,000 F.&A. 3*»
300,000 J/& J. 3 k
456,000 F.& A.. 8W
1.000,000
1,000,000 Quar.
1 000,000 J. * J.
l.tKXsCIH- M. &N.
Aska
’77.
’c2.
Jan., ’77.
May 1/77
Mrty 1/77
Jan., 76
Aug.,
Jan., ’77.
Aug. 1/77.
2X •Juiy, ’77.
3 k Jan., ’17.
•2M May <0/77
155
7S
93
95
160
200
132k
101)
100
94
10S
75
93
125
4)
95
75
S7k
115
S9
67
165
*-0
ICO
110
210
137
108
103
96
106
F0
100
IS)
45
93
85
95
121
102
70
Broadway dk Seventh Ave—stk.
1st mortgage
Brooklyn City—stock
1st mortgage
Broadway (Brooklyn)—stock...
Brooklyn dk Hunter's Pt—stock,
1st mortgage bonds
Bushwick Av. (B'klyn)—stock..
Central Pk, N. dk E. River—stk.
Consolidated mortgage bonus
Dry Bock, E. B. A Battery— stk.
1st mortgage,
cons’d
Eighth Avenue—stock
1st mortgage
•2dSt. tfe Grand St Ferry—stock
1st mortgage
Central Cross 'lown~ stock.
1st mortgage
Houston, West st.APav.F'y—stk
1st mortgage
Second Avenue—9tock.
1st mortgage
...
3d mortgage
Cons. Convertible
Extension
Sixth Avenue- stock
_lst mortgage
.
Tirenly-ihira Street—stock
tut- mnrtp'aipp
1000
100
1000
10
1000
100
100
1000
UK)
100
1000
100
5C0 Ac
100
1000
too
1000
100
1000
100
500
100
1000
1000
1000
500 &c
100
Third Ave.nue—Btock
l-st mortgage
*
100
*
..
1000
100
1000
100
100
This column shows a3t dividend
on
900,000
694,000 J. & J.
2,100,000 J. & J.
1,500,000 J.&D.
2,000,000 Q-F.
300,000 M.&N.
200,000 Q-J.
9
400,000
A. & O.
300,000 J.&J.
600,1-00
1,800,000 J. & J.
1,200.000
J. & D.
1,200,000
Q-F.
900.000
J.&D
J.&J.
J. & J.
M.&N.
A.&O.
1,000,000
203,000
748,000
236,000
600,000
200,000 M.&N.
250,COO
.
fttI
500;i)00
J. & J.
Q.-F.
J.&D.
A.&O.
M.&N.
A.& O.
M.&N.
J. & J.
a
2,000.000
2 000,000 j.&j.
600,000
9.50.000
1838
2k Jan., ’77
Dec ,1902
7
•1
Feb..
’77
7
Jui.e, ’93
6
Jan
7
5
7
’77
Jan., ’84
May. ’77
April. ’y3
,
I
j & j.
M.&N.
7
7
2
7
7
7
1
5
7
5
7
4
7
stocks but the date of
Nov.,U04
Julv.1894
April,
Dec., ’71
April, ’-5
May, ’33
oet.. ’83
May, *77
July, 1890
day, ’77
July,1890
Feb
’77
,
M*V.
’93
20
40
50
100
25
50
25
100
100
25
50
5050
50
50
100
50
100
100
100
25
100
25
50
100
100
25
25
HO
60
40
200,000
28.3U6
SC6.910
105
160
100
90
100
•
J*
10
•
10
20
.
5
.
20
30
20
20
17
10
5
10
13
160.326 5
+735,290 8k 10
5le,lt5 •20 30
10
114.1KB 10
10
6,078
10
133,145 10
10
10
155,156
13
5
103,464
10
16/53
96,000 10 10
10
12,207
13,376
.
•
•
•
•
•
•
•
•
21X /X O
1,846
none
5
651,837
691,800
4
10
l.OOO,000
500,000
200,000
200,000
200,000
200,000
150,000
500,000
200,000
3,C00,000
150,000
500,000
200,000
200,000
200,010
150,000
280,000
150,000
•
135,012
12k
20
*
-
-
*•
-
*
*
T
_
142,297 ‘20
509,394 10
105.6-6
„
1,002.784
41,293
198,366
109,415
61,099
+ 117,568
•
•
7
10
10
20
10
73.175
io
+157,016
15
110,3)7
185,46-t
182,031
7
10
10
20
10
65,715
5
191,072
7
20
20
293,659
315.907
125,41!
229.508
128,169
841,235
2(0,544
20
.8
•
>
.
10
10
10
12
12
13
10
20
10
16
10
10
14
30
10
10
17
10
20
20
10
20
20
20
20
12
20
20
10
20
•Jan.. ’77..5
,
20
10
20
tO
10
20
‘0
11
14
X)
20
0
20
20
25
«
20
20
July. ’77..5
July/71..10
Juiy,’77. 5
duly, ’77..5
July,’77..5
July,’77..5
July/77...6
July,’77..6
July,’77. .5
Men.,’77. .5
•July. ’77.lt
-July. ’77..5
Ju y,’77.li
July, ’77. .5
Ju y, ’77. .5
Ju y, ’77.10
July, ’77..5
July, ’77..6
July, ’77.10
July,’77.10
July, ’77.10
July, ’77..5
July,’77.10
June/77. .8
July, -77.10
J"*y,’7T..6
July,’77.10
Aug ,’77. .7
0
0
July. ’77. .3
July,’77..C
10
12
12
10
10
20
20
10
*«6'
75
14)
its*
..
Aug., *76. .5
July, '77...5
July,’77.15
July.’77..K>
July, ’77.10
10
20
10
10
10
10
•20
10
15
7
10
20
20
10
10
10
15
10
10
10
20
5
•
........
.
10
10
so
20
40
55
.
(0
20
10
10
10
?k 10
159,503
132,772
150,000
200,000
300,000
200,000
250,000
200,000
150,000
200,000
200,000
200,000
200,000
200,000
210,000
200,(XJO
200,000
200,000
T
.
July, ’77..8
July, ’77..5
Jan., *77..5
July, *77.10
July,77.6-3Apr., ’77.11
July,’77 .7
Jan., ’77 .3
Aug ’77. 5
July/77.7k
Juiy,’77..6
July,’77..5
July, ’77. .6
,
•
.
20)
175
135
Aug‘77.7*14
30
14
10
20
15
13
,0
12
10
15
AU2./77.1C
July/77..10
.July/77..10
X
10
10
18
50
’77 .5
70
’77 .7
’77..8 1*35
’77..5 tco
’77. .4
•Ian., ’I!..5
Juiy. ’77..5 100
June/77.10
Feb./77..5
10
8
10
0
20
10
■20
20
•23
20
•20
10
10
25
,,,,
10
204,836
65,593
200,000
,
Bid. Asktf
July,
July,
July.
July,
Jan.,
15
14
10
15
12 U
19 ’
10
12
10
10
10
317,639
11,184
57,663
.
10
25
30
.
•
200,000
.
.
60
105
.
iii*
05
65
110
95
160
180*
103
155
.
m*
*95*'
140
140
192*
:
S6
1
..
125
1
1
none
22.630
500,391
132,714
410.016
189.085
219.330
122,215
500.000
350,000
200,000
200,000
150,000
150,000
1,000,000
6
2
20
8
20
14
0
869 3(6
13/291
83,587
200^00
200,000
800,000
200,000
200,000
200,000
200,000
25
10
50
800,000
250,000
„
10
10
10
1‘2
:o
20
20
8
.0
0
A 1., -77. .6
2
2
10
: 0
July,'77.1C
0
)0
July. ’77.1C
»
20
July,’77.10
0
20.
July, 77..8
5
<10
July,'77.10
5
8k J«n./77 3k
0
1 0
July, ’77. 5
f
5
9k
9 >,981
...
219.483 20
150,55 > 5
59,560 0
6
16 •',250
151,836 5
77.457 0
155,263 1 3
192,769 1 0
251,587 |14
201.454 ,10
406,550 110
200,000
200,000
200,000
150,000
250,000
f
+ 70.106
8,270
200,000
200,000
0
1
0
0
July, ’77..5
July, 76..5
July, ’77. .5
Aug., 77.10
2k ! 5H July, *77..8
0
1 0
Aug.. *77. .5
1 6 X
July,’77,6-28
Tuly/77 7k
2k 1 5
0 n0
Aug.,’77. .5
20 |20
July, ’77. 5
0
; 0
1 0
13
25
0
1
• !0
20
0
1
5
0
.0
16
.0
4
.0
W
'23
6
i: 6
0
>0
12
1
90
..
108
1
130
..
240
2
1
ios*
1
.
1
90
82),
..
..
1
l
10C
85
1
iso*
.
100
160
165
..
1
1
1
July, ’77. 8
July,’77. 8
Aug.,’77.5 1
July, *77.10 1
0
20
••••••
200
stand as actual net surplus.
City Securities.
[Quotations by Daniel A. Moran, Broker,
40 Wall Street.]
Pk ICE
Interest.
Bondsdue.
Months
Rate.
Her York:
Water stock
1l^,-68.
i T7-57.
do
Croton water stock.. 1845-51.
do
do
..1852-60.
Croton Aqued’ctstock.1865.
do
pipes and mains...
do
repervoir bonds
..1853-65.
5
6
5
6
6
7
6
5
6
Dock bonds
1870.
7
do
1-75.
(xo
Impr’em’t—
•
do
do
Kings Co. bonds
6
6
7
6
7
6 g.
6
7
3 g.
7
1890
1883-90
1884-1911
1884-1900
1907-11
1877-98
1877-95
1901
1905
1878
1894-97
1889
1879-90
1901
1888
1879-82
1896
1894
do
do
Feb.,May, Aug.& Nov.
May & Novcmlier.
do
do
do
do
do
do
HKKKtt,
1".
do
do
do
do
do
January & July.
.) r.
do
rtrotcer.
W
100
1(3
1U3
113
112
106
100
100
118
106
101k
118
104
105
110
102 k
104k
109
106
1(2
102
1C4
105
106
118
107
1
lWk
tU7
119
107
102
119
105
117
112
106
108
111
107
Rll 8t. |
♦
January & July,
7
do
do
do
do
ao
6
6
do
do
do
do
do
do
do
Mav & November.
<to
6
Bridge
1877-80
1877-79
do
do
do
do
May & November.
7
do
do
Park bonds
Payable.
May & November.
Feb., May Aug.&Nov.
6
City Donas
•AH
do
do
do
do
Askd
Bid.
Feb., May Aug.& Nov.
7
7
7
7
6
Water loan
do
January & July.
do
l
do
1878-80
1881-95
1915-24
1903
1915
1902-1905
102
104
it3k
118
117
106k
1881-95
1880-83
1880
1924
U)J
110
103
1X7
1907-191C
107
It*
110
120
120
H9M
1I»X
ICS
112
'09
in
110
Brooklyn bonds flat.
[Quotations by C. Zabri?-kik.
Jersey City—
Watei loan, long
do
Sewerage bonds
1869-71
1866-69.
Assessment bonds... 1870-71.
maturity of bonds.
14
10
5
172,151
ISOiOOO
Bridge bonds
105
10
14
15
10
8
10
10
30
5
20
30
20
20
20
10
10
20
9-8C
.
iok L7,
192,160 i4k 20
204,000
150,000
do
Park bonds
Water loan bonds
9)
12
SO
72
100
95
95
•
represented by scrip is deducted, and the figures
\ Continental, 11*45; Standard, 11'55.
Brooklyn -Local
City bonds
100
155
100
115
102 k
50
•
•
229.251
f3 ;9,009
300,000
200,000
200,000
200,010
200,000
[Quotations uy NM.
10
82 k
•
108,863 10
411,936 20
200,000
158,000
300,000
Floating debt stock..*.. 1860.
Market stock
1865-68.
Impr bvement stock...., 1869
do
....1869.
do
Consolidated bonds
var.
Street imp. stock!
var.
do
var.
do
New Consolidated
Westchester Countv...
,
ff
1,199,500
2 •‘0,000
150,000
770,(XX)
200,(XX)
750.00C
415;000
S5
July, 191.0
73
’77
3)4 dan
UX.’
7
June.1384
3k May, ’77
7
Nov., ’i0 104
3
Apl ’7.
3
Oct., ’76
7
7
Williamsburg City.
do
3
•5f
.
United States
Westchester..
200.000
Central Paik bonds. .1853-57'.
[Quotations by H. L. Grant, Broker. 145 Broadway.]
Bteecker St.dk FultonFerry—stk.
1st mortgage.
;
Sterling
Stuyvesant
Tradesmen’s
July,
Quar.
5,000,100
Bid.
Jan..
’77
3k April. ’77.
3)4 Aug.1/77.
5
July 1, ’77
4
320.000 A. & O.
1,850/XX) F.&A.
386.000 J.&J.
4,000,000 J.&J.
'2,500,000 M.& S.
var
1.000,000 M.& S.
100J
500,000 J.&J.
sertlticates
do
Yar.
Yar.
2,000,000
1.200,000
50
100
..
Produce
| Pr
65
Star
Brooklyn Gas Light Co
Citizens’Gas Co (Bklyn)
50
50
100
....
City Railroad Stocks and Bonds.
[Gas Quotations by George H. Prentiss, Broker, 30 Broad Street.]
Rate.
15
...
Gas and
Gas Companies.
50
25
100
100
...
2. *77..4
Date.
*
50
....
——
Par Amount. Period
10
10
IL’l)
100
100
Prigs.
187 6 Last Paid.
5
1874^187
3)i 10
10
14
10
77.195
5,245
10,451
200,000
300,000
1,000,000
...
....
•
400.000
100
40
100
100
30
...
•
50,1(6
t26U,323
200,doo
...
Ml
200,000
51)
...
...
oi"
•
.,
40,35(1
100
137 3
1877.*
*1
200,000
210,000
250,000
800,000
200,000
...
.
•
.
25
IOC
25
17
20
70
100
30
Nassau (B’klyn)...
Ns
National
Ns
37)4
35
06)4 | N. Y. Equitable....
100
York Fire
| New
Ne
100
&
Boston
Y.
-.1
1 N.
York City.... 100
Ne
1 New
50
Niagara
1 Ni
25
North River
33
|Nc
25
Pacific
Pa
100
Park
1 Pa
20
Cooper.
1 Peter
Pe
50
1 People’s
Pe
50
(B’klyn)
Ph
1 Phenix
....
....
1
I
...
....
•
.
F
F
Howard
H
In
importers’*
Ir
Irving....
Jefferson
Je
1 Jan. 1.
200,000
200,000
1(X
2t )
Ik
Hope
....
125*
.
Ik
Hanover
Ik
Hoffman
Ik
Home
|
l‘J0
.14
Commerce Fire...
C
Gebhard
|_G
German-Amerlcai
|g
Germania
I G
Globe
|g
Greenwich
|G
Guaranty
|_G
1 Guardian
G
Hamilton
|_H
.
126
90'
.
Franklin
...If
...
..
.
25
)
5}
)
1(X
If
Farragut....
If
Firemen’s
...
fc5
205
.
E
Emporium
E
Exchange
....
.
8
8
10
10
.
Continental
Ic
Ik
Eagle
Ik
Empire City
....
....
«
..
.
...
Commercial
Ic
....
....
.
....
.
1
....
.
....
.
11
3
rs
.
C
Citizens’.
....
....
an.
t
& M
I EBrooklyn
’09
215
...
t
.
11Brewers*
11Broadway....
...
....
Mch.l, ’75..4
14
July 2, *77...7
10
July 2, ’77...4
July 2. ’77.3k
;u y 2. ’77...6
12
9
AU'.10,~7..4
July!,’75..8k
5
Jan. 3, ’76...5
8
July l, ’77.3k
10
July 2, ’77...4
8
May 1, ’77.2-4
9
day 1, *77 ..4
S
d>.y 1, ’77..3
8
July 2. ’77 3>
8
July 2/77...3
3k Jan. 3, ’76.3)4
10
«j July 2, *77. ..5
Irt i,*75. .4
6* 5Jay 10/77 ..3
u y 2, ’77.3 k
10
an. 1/77...4
4
sk il.ug. 1, ’77. .4
a
6
.2, ’77.. 3
■7
Uly 5,’77 ..3
uly i,’74.8k
12
.j uly 2. ’77...5
12
iug 1. '77...3
10
.j uly 2/77...3
10
uly 2/77...5
7
uly 2,’77...3
uly.lS’74.3K
1Vug.6/77. ..3
.
City
July 2, ’77.3)4 99*
t
..
Clinton
'*?
CC
80
C
Columbia
Jan. 2, ’71...3
8
3
....
8
6
•
70
120
....
,
4
.
...
•
200'
May 1, ’77..4
8
•
...
.
..
..
1
Bowery
....
•
,
,
r.& A.
r.& A.
r. & J.
r. & j.
99.S
<Etna. ......
American...,
American Ex
1 Amity
11Arctic
1 Atlantic
1
....
...
12
Apr.l, 77...S
7k July 2, ’77...3
10
May 1,’77...5
IX Apr.lO/77.3K
Feb.l, ’74...3
6
May 11, ’77..6
7
May 2, '77...6
1
•
....
•••••••••«.
-
12
12
12
10
7
Q-F.
...
.
.
1. & J.
J. & J.
r. & J.
73.-00
2-6 400 r.& j.
39,000 r.& J.
183.'00 M.&.N.
13/00 . r.&j.
178.600 r.& ,1.
446,100 , r. & j.
749,100 Vl.&N.
85,400 J. J. & ,J.
1,000,000
Tradesmen's
Onion
West Side*
J.&J.
r.& j.
51 000
300,000
300,000
.
4
86.700
173,400
2*7,i 00
472,'. 00
iGS.fOO
196.100
15/00
2:9 SOO
150.200
400,000
300,000
8
10
14
8
.
.
7k
J. & J.
•
1
...
•
...
July 2, ;77...3
Ju.y.l, 76 ..3
Apr. 2/77.2k
.
10
8
83,901' J. & J.
Aug. 1,77...5
10
.
•
1
...
...
•
Jan.
.
IX
118,50
1,000,000
6
t
July 16/77. .8
}X
6
•
J. & J.
J. & J.
J. & J.
J. & J.
M.&N.
M.&N.
M.&N.
J. & J.
J. & J.
J. & J.
J. & J.
A.& ().
M.&N.
J. & J.
J. & J.
9
*x July 10/76.. 2
—*
10
.
May 1. ’77...5
3
10
*
Grocers*
•
7
37,600 May.
8"
48/00 May.
13,000 M.&N. 1(30
8,200
'
•
20
10
8
A.& O.
36 200 F.& A.
698,900
Ger. American*.
Ger. Exchange*..
Germania*
Greenwich*
Grand Central*...
•
m
Jt.ly 2, ’77./ !
Sept.l ’75. .{
July 2, *77...,
July 2, ’77.. /
•July 2. ’77.. J
duty 1, ’77 .15
•July 2, '77...3
10
8
10
100
8
Q-j. *12*"
8
4<0. 00 M.&N.
3
........
63
•
920,600 J. & J.
3
July 2. ‘77..
..
..
.
.....
Tk
Q-J.
July 2,*77... 130)J
May 1,*77.. 3 1U6
Dividends.
PLUS,
Pa r Amount
| Ask, |
4
7
12
& J
Bid.
Last Paid.
.
9
10
8
12
.
J
121.5:0
524.700
l
Fourth
Fulton
Gallatin
1876
....
63, LOO
I
Companies.
.
24
10
M. & S
10
l. & J.
8
J. & J.
J.&.l. 10
3,172,8)0 Bi-m’ly 100
9
166,001 J. * J.
20
1,511,0ft) Q-F
8
J.
&
J.
3,270,201
9 7(X> J. & J.
188*830 J. & J. 8
653.40C F.&A. 10
3
34,1(1 J. & J.
8
79.(0. J. & J.
7
19,60' -J.&J.
X)
Commercial*...
...
2,90! )
1,238 .OK3
82/01
142/(X
421,701
214,70
)0
30
30
X
X)
Ki
X
K<
X)
Central
Chatham
East River
Perlot 1 1875
c/3 as
|Net StJ R
Capital.
1
<M 1.8:9,207 J. & J
00 1,502.6 0 M.&N
00
224,8) 1 J & J
.
1
Prigs.
Dividends.
00
o
nt
Amount
a.
are
America*.....
S
p* *
Improvement bonds
Bergen bonds
1868-69.
6
7
7
7
7
7
47 Montgomery St.,
Jersey City.]
1895
January & July.
January & Juiy.
do
do
1899-1902
1877-79
Jan..May. JnlvA Nov.
J. & J. and J & D.
January and July.
1891
1905
1903
ioik
102k
110
ICO
1(19
no
105
III
U>1
no
111
106
THE CHRONICLE
160
Increase on Peninsula Division
34,077
3 ntu0tment0
$896, ill
Proprietary Roads—
AND
CORPORATION FINANCES.
STATE* CITY AND
i
[VOL. XXV.
Supplement” Is published on the last Saturday
of each month, and furnished to all regular subscribers of the
Chronicle. No single copies of the Supplement are sold at the
office, as only a sufficient number is printed to supply regular
The “ Investors’
subscribers.
-
Decrease on Winona A St. Peter
Winona Mankato A New Ulm
La Crosse Trempelean A Prescott
Iowa Midland
Increase
on
$53,299
533
..
Northwestern Union Railway
23,310
8,349
1,123
$81,418
Passenger Business.—The total number of passengers carried
was
a decrease of 179,290, or 5 08-100 per cent from the
of the preceding year; and the number carried one
116,902,435, a decrease of 4 40-100 per cent; the average
3,347,853,
movement
~~
REPORTS.
ANNUAL
mile
was
mile, was 2 89-100 cents.
Freight Business.—The aggregate quantity of freight trans¬
ported by all the lines was 3,413,398 tons, a decrease of 58,529
tons, or 1 69-100 per cent; the total number of tons carried one
mile was 485,357,900, a decrease of 17,774,489 tons, or 3 53-100
per cent; average rate received for each ton of freight carried
rate per passenger, per
'
Chicago & Northwestern Railway. ,
(For the year ended May 31, 1877.)
The annual report shows that the net result of operations of this
company, including its “ Proprietary” Rqads, was a profit of $1,078,226 for the last fiscal year, from which a dividend of two and
a half per cent, amounting to $536,810, was paid to the preferred
shareholders in December, 1876. The miles of road embraced in
the operations of the Chicago & Northwestern Railway proper,
inclusive of 1 20-100 miles laid during the year in an extension
to the Bessemer mine, are 1,502*10, and the miles of proprietary
roads, 491*18: total, 1,993*28 miles.
INCOME
(CHICAGO <fc NORTHWESTERN PROPER).
Year ending May 31, ’76. Year ending May 31, ’77.
Proportion
Proportion
Gross
Earnings—
19 96-100
Freight
8,904,416
1 88-1(0
0 77-100
2 02-100
69 71-100
96,731
0 76-100
281,182
14,400
60,945
2 26-100
Transportation of milk...
United States mail
Extra baggage.
Miscellaneous..
Total
$12,773,711
The operating expenses were (52 51 103
The taxes
98,664
246,903
2 05-100
262,253
Express matter
Amount.
52.409,319
257,674
90,713
260,915
8,162,919
Per Cent.
Amount.
281,792
14,221
51,371
$11,877,500
p.c.) $6,236,688
310,991
were
6,547,680
From which amount deduct—
Interest and
$2,264,959
122,163
350
14,515
sinking fund on bonds
Premium on gold coupons
Interest and exchange
Balance old tax on capital
stock (1874)
Amount paid in exchange old Galena A Chicago
Union Railroad stock
Rent of Chicago Iowa & Nebraska Railroad
Rent of Cedar Rapids A Missouri River Railroad....
557
471,464
621,489—
Net income of Chic. & Northw’n Railway Co. proper for the year.
INCOME
(PROPRIETARY HOADS).
Gross Earnings—
From passengers
$359,672
743.694
14,170
Freight
Express
Mail
29 803
.
Miscellaneous
Operating
charges have been reduced on the entire railway, including the
proprietary lines, from $12,834,015 in the preceding year, to
Per Cent. $11,954,875 in the last year, thus accomplishing a saving to the
20 28-100
There was a reduction of $837,929 in the
company of $879,139.
2 I'M 00
0 76-100
operating expenses of the Chicago & Northwestern Railway
2 20-100
proper; $16,555 reduction in its taxes; $19,819 in interest on
68 73-100
bonds, gold premium, &c.; $49,691 in rental of Iowa roads; $9,682
0 83-100
in miscellaneous items, and au increase of $54,539 in the total
2 C8-100
2 40-100
charges paid for proprietary roads. The condition of the
0 12-100
property in all its departments, under the rigid economies of the
0 43-100
last year, has been fully kept up, and preserved against deprecia¬
tion and decay.
The percentage of operating expenses, taxes, &c., to the gross
earnings, was 58 per cent for the Chicago & Northwestern, and
$5,329,819 59 04-100 per cent for the combined property for the fiscal year of
1875-6, while for the last year, with its decreased revenue, they
were 55 13-100 per cent, and 57 75-100
per cent, respectively.
The entire force of the Company, including all classes of officers
and employes, has been reduced 1,009 during the year, the aver¬
age number employed being 7,866 persons.
Permanent Way, Etc.—The value of the property is steadily
3,491,801 enhanced by improvements of durable character, made in the
permanent way ; 151 73-100 miles of steel track were laid during
$1,833,018 the
last year, making 591 93-100 m les in use on the 31st of May
last; this will be increased to about 750 miles during the present
year. The amount of track renewed with steel and iron rails on
the 1,502 miles of Chicago & Northwestern Railway proper was
185 miles ; 720,195 new cross ties, costing, in the track $311,287,
laid down.
CONSTRUCTION.—The total
were
8,761— $1,155,601
Expenditures—
$937,093
expenses
Taxes
on
bonds and gold
premium
expenditure for construction pur¬
during the year was $665,801, of which amount, $482,722
were for the Chicago & Northwestern, and $183,079 for the pro¬
prietary roads. Total expenditure for construction and equip¬
ment purposes, $727,324.
Capital Stock.—The amount of $194,101 of preferred stock,
and $91,965 of common stock, was issued during the year, a part
in accordance with the original terms of consolidation with the
Galena & Chicago Union Railroad Company, and a part thereof
in conformity with rights of holders of other stocks of merged
companies. Only twelve shares of Galena & Chicago Union
Railroad stock, and twelve shares of Chicago & Milwaukee Rail¬
way stock remain outstanding.
Exchange of Bonds.—Consolidated sinking fund currency
bonds, amounting to $65,000, have been issued during the year in
substitution of the following issues of bonds purchased and can¬
celled, to wit: preferred sinking fund bonds, $1,100; general
first mortgage bonds, $29,100; funded coupon bonds, $7,800;
Green Bay Extension bonds, $13,000; Appleton Extension bonds,
$1,000; Peninsula Railroad bonds, $9,000; Galena & Chicago
Union Railroad first mortgage bonds, $1,000; Galena & Chicago
Union Railroad second mortgage bonds, $1,000; Elgin & State
Line bonds, $1,000, and Mississippi River Bridge bonds, $1,000.
Total, $65,000.
,
Soon after the annual meeting in June, at the beginning of the
last fiscal year, measures were consummated to pay off the residue
of the old floating debt, which had been incurred iu the construc¬
tion of roa^s projected prior to 1873, and for subsequent con¬
struction expenses, steel rails, &c., and $760,000 of the general
coasolidated gold bonds were sold for this object. The proceeds
were used
for the extinguishment of $639,651 of floating debt
and real estate notes, and the balance was applied on construction
account during the year.
The report says in regard to the “ granger” decisions in the
U. S. Supreme Court:
“Under these decisions, our charters in Wisconsin, Michigan
& Minnesota are held to be subject to the reserved power of the
legislatures, while our charters in Illinois and Iowa (excepting
the Iowa Midland), being grants without reservation or limitation,
would be regarded as inviolable contracts. In Iowa, this exemp¬
tion is neutralized on our lines by the laws which regulate rates
on competing toads whose charters are subject to
legislative
poses
41,327
Interest
pany as compared with the average rate of the previous year.
Operating Expenses and Fixed Charges.—The total
of Total.
of Total.
From first-class passengers. $2,518,917
Second-class passengers..
239,931
Excursion passengers
98,653
Commutation passengers.
258,246
was $2 64-100, against $2 83-100 the preceding year, a loss of
6 71-100 per cent; the average rate received per ton, per mile,
was 1 86-100 cents, and in the
preceding year, 1 95-100 cents, a
difference of 4 62-100 per cent. This small reduction in the rate
per ton, per mile, applied to the whole movement of freight,
makes a difference of $459,200 against the revenue of the com¬
933,973 —
1,912,393
Deficit to be deducted from earnings of Chic. & Norlhw. R’wy Co.
-
756,791
„
Net
$1,078,226
profits
It will be observed
that the
profits of the Chicago & North¬
Railway Company proper, after payment of operating
expenses, taxes, rentals, interest on bonds, including interest on
the outstanding general consolidated gold bonds, and all other
items, amounted to $1,835,018 for the last fiscal year; this
amouut is debited with the deficit incurred in the operations of
the proprietary lines, which was $756,791, leaving a clear profit
for the nnited system of $1,078,226, equal to five per cent on the
preferred stock.
The gross earnings of each road, respectively, were as follows :
western
Chicago & Northwestern
$11,87 J,500
—
Winona & St. Peter
W'inona Mankato & New Ulm
La Crosse TrempeleiU & Prescott
Northwestern Union
573,666
3,604
208,656
269,657
100,017
Iewa Midland
Total
$13,033,101
The
operating expenses, interest
charges, were as follows:
on
bonds, taxes and total
Chicago & Northwestern Railway
Proprietary roads
$10,042,481
1,912,393—$11,951,875
Net for the whole system
same for the preced ing year was
$1,078,226
1,179,716
..
The
Decrease from the
A
preceding
comparison of the two
$101,490
year
years
shows
last year—
Of gross earnings
Of operating, interest, rentals and all
a
decrease during the
$980,63°
charges..
879,139
Decrease of net earnings
$101,490
Compared with the preceding year, there was a decrease in
passenger earnings of $105,352; in freight, $827,700: in express,
$17,499 ; in mail, $20,309 ,* and in miscellaneous, $9,768. Total,
$980,630.
Chiciqo & Northwestern Railway proper—
Decrease
do
do
on
do
do
do
Wisconsin Division
Madison
do
Madison Extension
do
Milwaukee Division
-
Galena Division
r
$366,231
Iowa
.
124,49)
271,821
30,948
40,*46
9(j,14g
control.”
report of the land commissioner.
deeds
the
The number of acres of land grant lands sold under
and contracts during the last fiscal year was 18,553, and
August
THE
18, 1877.]
CHRONICLE.
161
“
Levee Bonds,” with the National Bank of the State
The average price received
of New
York,
to be delivered to said Adams and Redfield.or their author¬
per acre in Michigan and Wisconsin was |3 19 ; the average
price per acre in Minnesota and Dakota was $5 38; the average ized agents, in exchange for new bonds of said State of Arkansas,
price of the town lots, which were sold in Minnesota, was |25 85 having thirty years to run ; the interest on said bonds to be as
The sales of lands follows : For the first year, at the rate of two per csnfc per
per lot; total amount of sales, $62,204 52.
in Michigan and Wisconsin have
considerably increased over annum; for the second year, at the rite of three per cent per
those of the preceding year, and the prospect3 are good for larger annum ; lor the third year, at the rate of four
per cent per
transactions during the ensuing year, especially of lands in annum ; and thereafter at the rate of six per cent per annum.
The first somi-annual
Michigan.
coupon of said bonds to be payable on the
As stated in the last report, some changes in the amount of 1st of July, 1878v and the payment of the interest on said bonds
land, held under the respective land grants, will appear Irom to be secured by provisions similar to those now made by law for
time*to time in this department, arising from the rectification and securing the payment of the interest on the “ Loughborough”
Said new bonds to be received in
adjustment of conflicting titles, and from settlements of pre bondp.
exchange for the
eruptions, homestead claims, &c., under Acts of Congress. Dur¬ above-mentioned present issues of bonds at the following rates :
ing the last year, 200 acres in Wisconsin, and 11,737 acres, under For “Old Bonds, unfunded” and “Funded Debt Bonds,” except
the Winona and St. Peter grant, have been obtained and added the “ Holford Bonds,” so called, at the rate of sixty seven
per
cent of the principal thereof,
to the quantities heretofore reported.
being $670 for each one thousand
dollar bond ; for said “ Holford Bonds,” at the rate of
The following is a statement of the land grant lands remaining
thirty-eight
ready for sale on the 31st of May, 1877, to wit:
per cent of the principal thereof, being three hundred aud
eighty
dollars for each one
number of town lota sold was 35.
,
Lands in Michigan
“
Wisconsin../.
“
Minnesota
“
Dakota.../
6*2,271
359,549
727,910
443,313
Total acres
CHICAGO
x
*
7
I I
NORTHWESTERN
RAILWAY
31, 1877.
entitled
$20,483,984
48?,722— 20,966,707
Capital stock of Winona & St. Peter Railroad
Winona & St. Peter RR. 2d mortgage bonds on hand.
Advances account land grants
Materials—
Materials in shops and in store
Wood and coal on hand
Track material on hand
$72,956,273
Cr.
Common stock and scrip
$15,103,145
Less amount owned by company
114,121—$14,989,023
Preferred stock and scrip
21,693.334
Less amount owned by company
220,531— 21,475,802—$36,464,826
C. & N. W. Railway var.ous issues currency bonds
12,900,000
1.74 0,000
Chicago & Milwaukee Railway bonds
Chicago & Northwestern RaiJway gold bonds
17,193,000— 81,793,000
Real e-tate mortgages, not matured, on shop and new
station grounds, mostly due in 1880
236,250
pons
dividends, &c
due June 1, 1677
coupons,
'193,034
1,218,996
.
,
including
/
Do.
Do.
380,785
Sundry Companies and Ind’776,774
96,131
Cash.
832,411— 2,155,003—
Income AccountBalance May 31, 1877, of
earnings over operating expenses, inter¬
est, sinking.funds, renis of leased r«. ads, opera ing proprie¬
103,450
-
tary roads, &c
$72,956,273
NEWS.
Arkansas State Debt.—The Daily Bulletin says: It is pro¬
posed to settle the indebtedness of the State of Arkansas by issu¬
ing to the bondholders new bonds having thirty years to run, and
John D. Adams, of Little Rock, Ark., and J. E. Red field, of
Essex,
Conn., are endeavoring to perfect the negotiations. A statement
has been circulated showing: the total indebtedness and
of the
State, calculated
to
January 1st, 1878,
as
Bonded Debt:
Bonds of 1877
Bonds of 1834
Donds of 1891
The foregoing bond-' are
$1,500,000
3,500.000
5,000.000—
follows
Total capital and debt
In addition to the foregoing, the company’s property at
ken is subject to a mortgage of
The Brooklyn property is subject to a mortgage of
1 he Newark property is subject to a mortgage of
resources
:
To provide for
and 1891....
The
which the company holds
its
10,000,000
4,750,0fO
371,000
1,000,000
75.CG0
2,846,230
;
$39,037,230
Weehaw-
Total
*,358,745
GENERAL INVESTMENT
H. Farnham and E. B. Grant.
The report states that nearly all the important parcels of real
estate referred to in the report were
personally examined by
members of the committee.
Information concerning most of the
remainder was derived from persons acquainted with the
property,
but unconnected with the corporation.
The capital and debt are stated as follows :
Capital stock
£20,000,070
Floating debt on January 1, 1877
and
viduals..
Byron.
Company, due in 18S7.
Mortgage upon the comp >ny’s office building in New York
71,892
Bills receivable
connected with the Central at Port
Unsecured bonds of 1878
Bonds of the Union Coal
$7,006
..
Do.
cou¬
$2,2G8,454
U. 8. Government
Station Agents, Earnings
Co lections
withdraw their bonds.
secured by mortgages on the Company’s
property in the State? of New York and New Jersey.
Debeutu'-e bonds of 1394 to be secured by any mortgage hereafter
made on any coal lands of the company
656,423
Less due from Express Companies
to
Delaware & Hudson Canal.—This company lias executed a
new
mortgage for $10,000,000, covering its mining and other
property in Pennsylvania. The $5,0/0,000 debentures of 1894 are
2,534,798
included in the new mortgage, leaving $5,000,000 new
bondsjto
188,419— 2,346,379 be
issued, which are to be used in funding the floating debt,
stated at about $1,500,000; in paying such of the bonds due Nov.
25,700
117,100
1,1877, as may not be renewed by the holders, and in meeting
100,000
future requirements of the company.
605,000
The report of the committee appointed
1,1‘0
by the stockholders of
1,540
the Delaware & Hudson Canal
Company,
at their annual meeting
29,401—
779,691 on
May 8, has just been issued in pamphlet form,and is signed
by John V. L. Pruyn, Adolphus Hamilton, H. M. Olmsted, Henry
513,'05
290,667
312.07C— 1,116,143
Balance due leased roads in Iowa
Current hills, pay rol s and a-counts
“ Levee
6,027,309
61,622— 8,038,832
Cost of proprietary roads, for ci nstruction, purchase
money, &c
Less amount unadjusted with N. W. Uu. Railway Co.
General Assets—
Railroad bonds....^
■
Town bonds
‘.
Sterling Bridge Co.’s stock
for the
Cayuga.—-The Cayuga Railroad was sold by the Trustees on
July 26, at auction, to satisfy the first lien thereon, to George C.
Morris, of Philadelphia, for $20,000. It will be re-organized and
$39,658,019
Proprietary Railroads—
Dubuque & Southwestern RR. preferred stock
thousand dollar bond ;
at the rate of nineteen per cent of the
principal thereof,
being $190 for each one thousand dollar bond, and lor the “ Rail¬
road Aid Bonds,” at the rate of nineteen
per cent of the prin¬
cipal thereof, being $190 for each one thousand dollar bond.
The arrangement for this compromise must be carried into
effect on or before July 10, 1878,.otherwise the subscribers are
'GENERAL ACCOUNT,
Dr.
Old ConstructionCost of consolidated road, equipment and property
New Construction since June 1, 1854Amount to May 31, 1676
Amonnt expended for year er.djng May 31, 1877
New equipment since June 1, 1864—
Amount to May 31, 18*6
Amonnt expended lor year ending May 31. 1877
Outstanding
Bonds,”
2,153,074
AND
may
I
acres.
own
bonds of 1877
20,000
140,000
22.250
$132,250
$183,000
following are set down as contingent liabilities
New York and Canada railroad bo ds
Consolidated mortgage bonds, Albany & Susquehanna RR. Co..
Total contingent liabilities
$4,000,000
1,960,000
$5,960,000
..i
Albany & Susquehanna bonds, the company held
its assets Dec. 81,1876, $420,000.
The Company owns the following area of coal and coal lands :
Of the above
among
A
Coal and surface
Coal without surface
Surface land (but not
*
coal owned)
ere?
18,302
.
1,740
Ill
INDEBTEDNESS.
Bonds held by the United States.
New bonds of 1674 and 1815
New ten per cent bonds
Old unfunded five and six per cent bonds
Funded debt bonus, 18b9 and 187G
/
Railroad aid bonds
Levee bonds....
$1,757,986
25«,0( 0
258,300
7.334,395
2,8-20,662
1,850,000
Floating debt, known
as
“ State scrip”
Total
$16,556,118
RESOUECES.
Assessed valuation of property, 1877...
State general tax, at 5 mills
Tax to pay interest on public debt, 3 mills
$96,000,000
480,000
288,000
Total tax
Deduct for assessing, collecting and delinquencies
Leaving applicable
to interest and general purposes
Estimated expenses per year
...
I
....,
$768,000
115,200
$652,t03
310,000
————
Leaving for interest on proposed compromised debt
$342,800
Bondholders to the amount of $1,800,000 have signed an
agreement to deposit all bonds held by them of the several issues
of Arkansas State
bonds, known respectively as the “ Old Bonds,
unfunded,” “Funded Debt Bonds,” “Railroad Aid Bonds” and
rights)
Total owned and leased
493,225
4,285,530
,
y
Total acres owned
Leased coal la ds (mining
These coal lands stand
20,153
5,077
25,230
charged on the books of the company
$5,862,522, or $232 per acre. The committee estimate their
value at $500 per acre, or $12,615,000. A. H. Vaudling, Superin¬
tendent of the Coal Department of the company, estimates the
amount of coal upon the company’s property to he, 225,664,700
tons on the company’s own lands and 116,048,120 tons on the
leased lands ; total, 341,712,820 tons. The committee thinks this
amount will be largely increased from lands owned by the
company, but not yet sufficiently explored to be included in an
entirely safe estimate. The company owns 21 workable mines,
17 breakers and 2 chute buildings. Another shaft and breaker
are nearly completed, which when finished will make 22 collieries
owned by the company.
The cost of opening mines and improvements stood charged on
the books of tbe company January 1,1877, at $2,373,264, although they cost more than double that sum, and could not be replaced
even at the present cost of labor for less than $3,300,000.
In New York city the company’s office, building and land cost
at
.
162
THE
CHRONICLE.
Only a part of the building has yet been occupied.
portion which is rented yields $46,631 per annum ; that
occupied by the company is worth an annual rental of $20,000,
making total rentals received $66,631. From this deduct taxes
and other expenses, $28,800, and there is left $37,831 as net
annual rental, or about 2£ per cent upon the investment.
The
committee values the property at $800,000.
The property of the company at Weehawken, N. J., consists of
about seventeen acres with 1,050 feet frontage on the Hudson
River, coal docks, wharves, etc., two brick offices, an engine
bouse, two shops, store-house and barn.
The whole cost
$1,100,000, and is valued on the boohs at $401,888. The commit¬
tee's valuation is $900,000. At Newark there are coal docks and
sale yards, office and house and town lots, valued at $30,000. At
Bridgeport, Conn., the Company’s property consists of coal yards
and dock, valued at $75,000.
The Company’s canal, which is 108 miles long, was originally
constructed for boats of thirty tons* capacity, but has been so
enlarged that its present capacity is for boats of 140 tons.
The tonnage capacity is equal to 2,000,000 gross tons an¬
nually. The tonnage in a single year has been 1,845,953 tons.
A moderate estimate of the yearly business is 1,500,000 tons.
The equipment of the canal at the c’ose of the last fiscal year
consisted of 915 canal boats, 66 transfer boats, 3 freight line boats,
16 barges, 2 wrecking boats, 1 propeller dredging machine and
scows.
The total valuation is $954,125. This inventory included
canal boats (915) upon which there was due the company from
$1,567,693.
That
purchasing boatmen $735,712, collectible in freights earned.
RAILWAY
OPERATIONS.
The company operates 665 miles of railroad, of which 135^
miles are owned by it, and 529£ miles are leased or are under
contract. Ol the portion owned by the company, 56 miles repre¬
sent the
“gravity road” (consisting of
“light track ” of 30
a
miles and a “ loaded track” of 26 miles), and 79£ miles, the loco¬
motive road.
The largest lines consist of the Albany & Susque¬
hanna, 142 miles, the Duanesburg, 16 miles, the Rensselaer &
Saratoga, 183 miles, and the New York & Canada, 149 miles. The
capital and bonded debts of the respective leased roads at the date
of lease and ht present date are stated as follows:
ALBANY A
SUSQUEHANNA.
1870.
Total
,
Jan. 1,
4,450,030
1877.
$3,500,000
6,045,000
$7,000,000
$9,545,000
$2,550,000
Stock
Bonds
Upon the above the Delaware & Hudson Company pays 7 per cent per
annum.
May 1,1871.
$6,000,000
2,000,000
Total
$8,000,000
♦There have been issued since
trustees have been in consultation on several occasions with
Receiver Jewett and the chief officials of the road here, and, after
full discussion, an agreement was drawn up embracing the points
in the previous document
regarding reconstruction, submitted to
forwarded to London,
the Court here and approved, and recently
where it will, no doubt, be ratified by the
that the reconstruction Trustees in London
Trustees.
now
It is said
represent seven-
eighths of the consolidated first mortgage creditors, seventy-five
per cent of the second mortgage bondholders and about one-half
of the entire amount of Erie stock held in London.
Georgia State Bonds.—The Atlanta (Ga.) Constitution says of
the repudiated bonds : “ There are only three classes of bonds in
behalf of which much effort has been made.
It is true that con-.
cerniDg a fourth class ($100,000 worth held by the Warehouse
Security Company of New York) we have seen a letter read from
the Speaker’s desk. But no serious effort was mide to bar these
bonds left out of the prohibition. The three contested classes are
as
follows:
1. The Scott Bonds.—These bonds, only about
$12,600 worth,
issued during the administration of Gov. McDonald, and
there is no question of their original validity.
The trouble with
them is this : When, in 1872, the Legislature required that all
were
outstanding bonds should be registered within a given time,
these bonds were omitted, through carelessness of the holder or
his agent.
Payment upon them is now barred.
2. The Boorman Johnson Bonds.—These bonds, $120,000 on the
face, have the following history : .The State paid H. I. Kimball
$250,000 for the capitol, paying him in bonds. He hypothecated
$130,000 of these bonds with Russell, Sage & Co.
After
a
short time Bullock issued $250,000 of new bonds with,
which to take up these bonds. He gave them out, but they
were not used to retire the old bonds, but were applied to a dif¬
ferent use.
The State then repudiated the bonds first issued and
held that the last issue only was valid.
Messrs. Russell, Sage &
Co., however, received a settlement. Messrs. Johnson & Co. now
apply for a settlement.
3. The Branch & Co. Bonds.—These bonds are $44,000 on the
face, and were issued in aid of the Macon & Brunswick Rail¬
Mr. Branch’s claim is as follows : He recites that when the
Legislature was sifting out the bad bonds from the good ones it
road.
was declared by special act of the Legislature that the Macon &
Brunswick Railroad bonds were binding and valid; that Gov.
Smith approved this act, and that relying upon this guarantee of
the State, given through its highest constituted authority, he and
his partners invested heavily in the bonds. The bonds were re¬
a late date, and Mr. Branch now as&s that the State
sustain its guarantee by paying him the money he expended for
the bonds.”
The bulk of the condemned bonds, however, does not appear
before the convention at all.
They are doubtless considered
pudiated at
RENSSELAER A SARATOGA.
Stock
Bonds
[VOL. XXV.
Mar. 23, 1876.
*$6,762,9 0
2,000,00)
$3,762,900
January 1, 1877, 912 shares, representing
-
“
waste
paper.”
Hannibal & St,
Joseph.—A despatch from St. Joseph, Mo.,
of the lease, the Delaware & Hudson Company August 16. says: L. W. Morse, representing the stockholders of
the Hannibal & St. Joseph Railroad, has served a notice on the
guarantees the payment of all rentals of leased lines, amounting
to $73,833 interest upon the bonded debt, and a dividend of 3J officers of said road that he will apply for a receiver on Monday
next.
per cent'semi-annually up to and including July 1, 1872, and
thereafter 8 per cent per annum upon the stock.
Indianapolis Bloomington & Western.—A decree of fore¬
$91,300.
By the terms
The New York and Canada Railroad is practically owned by
the Delaware and Hudson Company. The whole line was com¬
closure
was
entered in the United States Circuit Court at Indian¬
apolis, August 10, in favor of the Farmers' Loan & Trust Com¬
pleted and opened to Rouse’s Point in September, 1876, and is pany against the I. B. & W. Railroad, of the first mortgage,
represented by stock, bonds and debt as follows:
amounting to $6,240,858. The road is ordered sold. J. D. How¬
Stock
$4,000,009 land and John A. Jones are appointed Masters to make the sale.
Bonds, 6 per cent gold
4,000,COO The
surplus is to be used in the payment of claims of employes
Dae Delaware and Hudson Canal Co
251,180
for six months preceding December 1, 1874.
Total capital and debt
$3,251,180
Of the
$4,000 000 outstanding stock, $3,921,800 are held by the
Delaware and Hudson Company. Therefore the annual charge
to the company as rental is the interest on $4,000,000, making
$240,000 gold.
The result of operating the Albany and Susquehanna Railroad
for the years 1870 to 1876 inclusive" is a loss to the Delaware
and Hudson Company of $1,402,698. For 1871, 1872 and 1873 the
Rensselaer and Saratoga Railroad returned a net income over and
above all charges of $305,510. For 1874 the loss was $20,533,
and for 1875 and 1876, which included the operations of the New
York and Canada Railroad, the loss was $353,115.
CONCLUSIONS.
The committee presents an exhaustive balance-sheet taken
from the books of the company, accompanied by the committee’s
estimates
own
of the values of the
assets.
The total
valuation of the committee as thus given is $44,826,725,
against the valuation of $38,236,776, as per balance-sheet of the
company.
They say “ the depressed condition of its securities is
due chiefly to the low price of coal. For this, responsibility does
not rest upon the managers.
Some investments, prematurely
made, have been unprofitable. The troubles entailed by ex¬
tremely low prices for coal and the locking up of capital have
been aggravated by the reiterated misstatements of unscrupulous
persons. The corporation is financially strong. Its property is
enormous in extent and value, and
admirably cared for by men
of superior qualifications. The markets which they have
opened
for coal make possession of the leased lines necessary and
profit¬
able. The loss which nominally accrues will doubtless soon
give place to a direct profit. With coal at reasonable prices,
which cannot long be withheld, a success
equal to that of the
put i8 assured.”
Erie Reconstruction.—Some points of difference have existed
for some time between the reconstruction trustees appointed by
the English holders of Erie Railroad
of the line in New York. Gentlemen
stock, and the managers
deputed by the English
Texas & Pacific.—The annual report of the Texas & Pacific
for the year ending May 31, 1877, will not be ready for
publication for some time to come. In advance of it, the follow¬
Railroad
ing
gives some of the principal points.
$2,381,976, and the profits have
been $318,985. The passenger revenue has increased 25 8-10 per
cent; 101,501 more tons of freight were hauled than last year.
The following is a summary of tons of freight carried : Cotton,
56,740 ; grain, 11,522; flour and meal, 20,303; miscellaneous,
9,890; lumber, 98,356; manufactures, 2,645 ; merchandise, 44,732;
live stock, 85,247 head.
The report also shows that of the $9,130,550 idebt of the Cali¬
fornia & Texas Railway Construction Company, under an adjust¬
ment the road has paid $8,474,911, and Jhe officers felt confident
of the payment of the remainder during the current year.
The liabilities on June 1, 1877, wiih 444 miles of road in opera¬
tion, were $18,556,578. There were then 50 locomotives and
1,050 cars of all kinds, showing a reduction of debt of $5,368,275,
and a gain of 120 miles of road, 32 locomotives, and 635 cars.
The balance of floating debt was then but $705,264.
To pay this
debt the company has in hand $394,000 of its first and consoli¬
dated mortgage bonds.
The road has now 480*8 miles completed, and 110*86 miles
of these were constructed during the year. Building, construct¬
ing, and improving along the line cost $1,781,793, including the
building of eight depots.
For every mile of road completed the company gets twenty
land sections of 640 acres each, which must all be located before
1880. They have now 4,816,549 39-100 acres, and expect, in
addition, 133,360. They have located 3,148,756 37-100 acres. Ia
disposing of these lands the company will not compete with other
sellers now letting land go at $1 50 per acre, preferring to wait
until a moderately well-settled country gives them an opportu¬
nity to realize handsomer prices. The expenditures of the land
department of the company have amounted to $35,589 and its
summary
The receipts for the year are
income has amounted to
$18,137.
THE
1877.1
August 18,
CHRONICLE
MONTHLY EARNINGS
Meh. Top. Sc S. Fe.
3*74
..(509 m.)...
.(509 m.)*..
I«75
•
PRINCIPAL RAILROADS.
Jan.
Feb.
Mar.
April.
May.
June.
July.
Aug.
Sept.
Oct.
Not.
Dec.
Total.
$62,792
$73,505
73,410
$121,003
$114,245
6S 659
104,052
183,217
139,130
$101,344
114,474
197,99 i
260,681
$101,774
107,645
219,370
ls9,915
$100,641
$112,681
104,438
113,450
$110,563
152,215
$133,654
$116,379
186.64t
213,133
147,55i
265,593
199,926
297,958
178,954
225,793
$102,225
152,584
185,731
193,851
194,020
204,447
$1,250,806
1,520,359
2,436,583
83,016
9r, 218
84,69i
100,535
86,849
108,241
103,902
109,703
73.243
72,435
71,605
^69,357
73,309
126,295
117,928
90,600
142,314
83,164
87,435
132,923
116,230
105,843
73,194
91,205
101,700
136,125
111,441
109,536
127,879
91,908
126,737
110,803
90,488
1,248,875
1,311,377
1,123,071
1,311.639 1,366,615
1,798,469 1,738,370
1,757,115 1,646,269
1,575,000 1,391,000
1,286,910
1.536,225
1,381.766 1,370,334
1,513,636 1,338,209
1,675,532 1,411,000
14,522,814
17,035,063
18,110,794
.
I87S
..(71 lm.)t..
117,417
144,131
tSt7
(7il m.)...
134,864
136,350
108,303
102,565
91,931
81,213
62,701
101,692
73,961
68,094
848,558
963,938
804,044
Bar. C. R. Sc North
..(401 m)...
T874
MT5
K7«
..(401 m.)...
..(401 m.)...
i&Ti
OP
163
112,759
77,951
Pacific—
Central
1874
£875
1A7S.
t*77
,
,
.
,
994,339
*
1,125,000
Chicago
Sc
1,541,222
1,322,557 1,371,739
1,553,014 1,567,622
1,696,154 1,371,876
1,465,515
1,615,974
1,888,066
1,366,000
Alton—
(650 »».)...
(650 m.)...
f»74
4875
1676
£317
882,423 1,110,624
1.136,263 1,366,984
1,184,633 1,427,035
1,242,000 1,416,000
906,159
1.017,204
951,0u0
344,420
339,876
362,342
384,335
319,928
397,683
363,627
355,527
367,955
313,999
339,385
496,815
351,0)4
423,645
464,439
382.233
480,056
524,042
451,081
387,445
403,671
411,960
510,795
490,233
550,951
489,019
3)5,779
311,266
353,982
524,244
532,868
310,160
891,853
920,923
946,125
979,560
892,370
960,193
1,004,693
989,085
1,049,570
1,060,269
948,105
1,099,600
884,013
1,161,357
1,091,644
943,463
1,066,367
814,175
1,049,870
1,213,221
1,212,122
1,129,192
1,183,610
1,359,269
964,930
718,465
819,853
606,000
885,709
749,215
742,168
877,000
842,395
685,753
704,373
630,516
569,482
539,000
556,000
793,859
741,206
646,150
1,163.522
1,052,890
1,232,407
1,011,685
1,257,892
1,015,992
.(678 m.)...
(678 m.)...
Chic. Bur. Sc Q.-
351,603
323,219
346,850
323,046
T874
£875
£676
1377
870,725
860,945
812,962
755,326
761,163
915,623
(1,264
(1,264
...(1,297
(1,297
305.597
m.)...
m.)*..
m.)...
m.)...
315,455
835,753
888,065
416,544
367,898
364,725
369,312
374,351
5,126,228
4,656,764
4,960,528
1,007,876
1,010,538
1,026,817
842,240
823,468
826,120
11,645,818
11,738,448
12,003,931
694,250
927,030
766,000
662,283
747.893
8,953,018
8,255,743
8,055,139
Chic. Mil. Sc St. P.1874
1875
1876
1877
....(1,399 m.)...
654,426
(1,399 m.)...
f 1,399 m.)...
466,101
527.000
(1,399 m.)...
3(5,460
Chicago Sc Northwest.1874.
(1,501 m.)... 1,014,514
1875.
(1,501 m.j...
825,469
1875
(1.501m.)...
(1,501 m.)...
Chic. 11. I. Sc Pac.—
£874
(674 m.)...
19T5
(674 m)...
1876
(699 m.i§..
1877
(732 m.)...
Han. Sc St. Jos.—
*874
(296 m.)...
*875
*876
(296 m.)...
(296 m.)...
(296 m.)...
*877
657,498
823,273
518,000
405,000
576,271
502,765
567,-188
469,000
742,051
639,669
650,944
515,000
1,024,061
808,842
721,024
714,116
804,556
1,030,193
1,024.389
919,978
853,895
493,017
562,259
489,633
489,688
471,213
502,230
544,705
500,898
541,340
576.464
530,906
583,748
664.984
558,727
616,773
506,431
615,177
640,281
613,067
C59,196
103,092
136,677
183,158
146,952
116,283
156,111
132,961
135,432
133,779
174,335
157,217
158,335
147,439
148,573
186,966
133,059
94,532
142,968
125,890
141,239
122.455
141,426
113,131
138.087
162,719
165,419
303,820
212,634
259,965
255,893
203,870
165,037
194,933
134,705
171,035
186,203
144,209
178,373
145,437
151,845
153.697
148,375
586,962
610,459
672,234
604,831
606,134
692,416
602,505
666,125
627,454
715,899
711,969
758,536
613,446
718,101
494,529
600,179
616,292
122,796
532,721
1,290,591
1,161,459
1,090,751
930,014
...
626,738
••
1,113,371
1,093,634
986,682
•
519,355
618,369
521,120
564,172
610,000
*•••as*
*
900,765
671,784
854,627
970,061
944,450
862,153'
974,262
817,569
.
1,254.253
1,407,975 1,065,726
1,409.168 1,196,333
1,182,830 1,403,992 1,117,319
1,206,806
•••
702,708
641,647
588,491
•
635,154
726,473
663,940
•
•
171,380
202,211
752,149
606,078
733,115
606,345
715,500
566,5‘23
212,879
173,911
188,976
154,634
187,575
13,361,690
12,811,227
12,467,540
652,601
552,548
531,004
7,164,788
•
•
207,529
153,068
1,030,027
931,339
909,640
7,478,594
6,972,013
•••
•
»••••••»
181,129
1,944.081
1,661,473
1,927,933
143,128
151,709
169,639
178,401
158,812
•
•
•
•
.
•
•
•
•
•
•
•
Hoaiton Sc Tex. C.1874
1875
1876
1877
(503 m.)...
..(508 m.)...
(508 m.)...
(508 m.)...
Illinois Central—
1374
(1,109 m.)...
1875
(1,109 m.)...
1*76
(1,109 m.)
1877
(1,109m.)...
..
..
.
422,683
222,257
304.6S3
(344 m.)...
(344 in!)...
(314 m.)...
Internal Sc Gt. N.—
M75
(459 m.)
1876
(459 m)...
1877..
(519 m.)...
Kansas Pacific—
1*74
(673 m.)...
..
*£5
(673 m.)...
(673 m!)...
*877.-
583,997
591,031
553,574
466,499
1875
1876
(786 m.)...
..(736 m.)...
(786 m.)...
TK7.
...(786 m.)...
Mobil© Sc Ohio—
116.826
133,386
142,649
92,168
93,176
155,363
108,109
103,513
90,474
125,995
115,178
116,186
105,599
86,455
140,346
95,523
78.879
174,013
136,055
112,037
79,244
300,662
293,347
243,393
258,193
247,602
246,552
213,747
221,923
243,444
192.471
261,781
187.091
221,444
211,735
214,788
221,656
212,928
231,307
233,126
258,123
224,308
253,125
174,968
134,954
130,251
109,711
105,685
97,037
146,667
100,532
120,407
89,938
101,542
95,401
119,047
102,101
93,912
41,093
40,867
43,153
40,446
3S,138
39,039
36,315
37,282
34,667
29,564
31,738
35,113
238,608
235,248
226,211
257,587
292,468
180,017
251,948
169,333
202,525
209,463
255,474
218,760
131,094
230,284
230,371
262,801
233,095
245,814
247,505
206,402
266,333
199,680
195,234
256,459
237,032
254,723
235,308
213,348
156,174
178,249
174,393
196,729
1877
(528
232,339
5.12
*LL. A.AT H.Brchs.—
(71 m.)...
38,607
*875.
57.201
(71m.)...
(-681m.)...
38,980
51,413
36,833
327,190
...(634 m.)...
377,203
St.1*. Kan. C. Sc N.—
208,088
*55
(504 m.)...<
(504 m.)...
246,099
1*77
..(526 m.)...
240,042
*t- !«• Sc So’eastern—
gg
ISS
JJ*
(358 m.)...
130,481
141,4t0
87,445
107,108
129,090
88.507
133,275
85,090
84,726
32,265
70,606
82,010
75,484
71,185
64,948
72,406
73,622
89,500
322,657
317,589
277,733
218,437
253,652
293,813
292,462
234,022
......
80,061
86,128
.
.
,
217,368
281,912
312,116
352,407
196,155
282,879
149,829
133,687
44,472
49,358
42,239
43,223
236,132
275,910
296,204
256,778
243,991
271,230
36,40?
294,202
1,672,706
1,355,49a
137,811
•
•
155,865
188,466
190,491
155,955
213,929
213,978
•
•
•
•
1,462,804
•
•
•
•
•
•
•
•
1,365,684
1,440,881
..»•
•
39,290
34,950
85,832
-
240,830
3,356,750
289,825
254,783
301,959
345.360
283,691
216,927
3,363,760
3,000,790
•
291,873
270,932
294,360
342,037
291,827
324,144
244,894
275,147
257,338
289,686
252,643
220,692
231,002
264,438
189,083
178,833
223,720
277,870
300,5:34
321,836
260,475
8,195,495
295.738
2,904,925
296,406
3,217,277
•••«
•
116,639
155,202
242,607
287,845
149,821
219,804
255,394
118,096
175,073
264,507
284,590
42,794
50.039
46,930
40.444
55,282
48,710
44,589
65,800
•35.753
57,351
50,700
50,764
294 631
357,820
888, HO 4
274,164
171,856
•
254,230
283,957
274,160
•
•
292,216
333,776
354,914
585,408
291,014
309,603
153,497
248.836
246,624
216,917
193,924
255,688
290,600
2,099,313
559.847
561 868
48,289
52,812
50,824
54,030
497, MS
337,742
429,765
450,332
404,219
497,650
507,764
8,298,985
3,802,942
4,002,045
487,902
263,240
328,508
230.626
265,536
282,845
261,178
•
(358 m)...
80,842
79,266
75,512
87,896
79,823
101,966
104,409
81,471
85,331
81,306
89,436
90,122
42,335
33,880
69,187
46,119
43,161
54,660
28,083
67,072
42,551
70,313
46,963
50,512
72,319
58,866
57,846
59,848
89,472
73,221
74,216
55,935
72,805
102,737
84,220
74,809
118,043
90,113
70,592
125,209
78,571
61,809
112,210
80,579
620,715
574,930
664,987
815,354
607,991
620,307
697,133
851,100
687.026
918.963
873 351
834,955
1.095,815
910,065
1.273,225
1,054,188
1,038,280
1,201,955
1,109,063
-
•
•
•
•
•
•
2.636,707
8,136,021
•-
131,865
104,856
112,916
102.608
101,786
102,912
1,258,754
91,308
1,006,649
96,040
91,531
1,103,941
826,084
78,818
71,432
70,881
72,936
86,743
90,953
65,789
84,064
84,990
69,455
77,305
70,069
81,241
117,945
115,662
68,167
118,775
90,959
62,975
107,562
64,477
877,47*
731,647
89,317
113,013
92,6»-6
143,554
123,894
145,028
127,167
137,979
123,920
101,075
113,762
98,065
1,120.488
1,411,78*
1, ,000,598
1,037,593
1,236,437
897,159
9034151
990,986
10,569,860
11,998,88*
12,866,85*
85,616
61,564
77,963
135,923
80,010
74,359
902,881
850.143
1,042,534 1,088,982
1,154,315
978,781
1,101,099
•
1 .042,416
1,015,459
1,363,176
•
•
•
•
•
1,063,993 1.141,938
1,155,944 1,,206,929
1,305,986 1, 365,509
*
509 miles were operated np to the close of
August, 563 miles in September, and 629 miles for the remainder of the year.
■£629 miles were operated in
January and February, and 711 miles the rest of the vear.
X 1,264 miles were operated until 17th of November, after which time 1,897 miles were
operated.
were
2,391,019
1,914,343
•
88,676
if In January and February 674 miles
...
.
••
118,312
! ,027,522
322,840
•
•
•
112,873
73,613
85,011
•
•
305,144
335,275
•
110,924
71,437
99,208
•
88,949
230,434
264,560
273,895
237,903
237,355
227,173
287,927
92,821
•
•
300,903
67,145
(i,03Sm.)...
122,778
140,815
111,656
386,090
356,978
65,083
90,660
(1,038 m.)...
7,040,969
305,895
96,939
(1,038 m.)...
532,867
315.641
73,724
0,038 m.)...
7,900.720
7,802.556
302,174
88,558
(237 m.)...
Falon Pacific—
3,162,519
315.287
85,935
(237 m.)...
(217 m.)...
375,341
680,435
*
133,428
141,300
93,646
•
93,997
jgg
Jgg
148,158
137,556
88,990
131,997
89,900
(270 m.)...
3,154,026
2,980,953
679.434
.
107,971
(270 m.)...
707,983
158,610
143,784
121,378
80,087
83,648
(270 m.)
Tol. Peo. Sc War.—
^*77
137,463
82,238
99,447
(270 m.)...
JJg
111,179
129,436
89,694
130,585
107,309
84.536
J£4.
gS
1877
668,943
773,092
575,306
317,657
401,592
...
111,900
(358 m.)...
838,307
816,508
*
458,707
<358
*t.P&8C&SC&St.P1875
37,498
55,727
39,595
St. ft.. Iron M. Sc So.**74
(684 m.)...
250.074
(684 m.)...
250,789
1*77
329,516
412,614
421,491
»
167,143
293,927
Cl m.)...
320,256
311,102
407,435
377,340
•
(528 m.)...
'f*7®
530,269
135,341
102,876
130,303
(528 m.)...
\
577,702
293,761
131,001
97,744
££5
m.
561,793
595,519
5Si),004
254,533
211,139
208,106
447,409
1*74
(528 m.)...
517,674
481,681
212,998
460,839
(673 m.)...
176,265
■To. Kan. Sc Texas—
1874....
221,761
243,235
Iai. Bloom. Sc W.—
1874......... (344m.),..
149,237
1875
*876
1877
•
205,211
operated; from March to October both inclusive, 699 miles; November and December, 731 mttee.
9••••••»
THE CHRONICLE
164
€1)
e
€0mmercial €tmeg
COTTON.
♦
Friday, P. M., August 17, 1877.
COMMERCIAL EPITOME
Night, Auguat 17, 1877.
Friday
[VOL. XXV.
was a moderate trade goiDg in the past week, but the
conspicuous fact is the important decline which took place
in values of Western staples, and the disquieting effect which
it had upon views regarding business for the coming autumn. It
is feared that the promise of the early opening will not be real¬
ized, that expectations of an active trade are doomed to disap¬
pointment, and that we shall have waiting and unsettled instead
of active and buoyaut markets. The weather continues to be
generally seasonable for the crops, though rather less rain would
be desirable.
A sharp advance in ocean freights is checking
There
moat
exports.
The Movement op the Crop, as indicated by our
telegrams
from the South to-night, is given below.
For the week ending
this evening (Aug. 17), the total receipts have reached 1,733
bales, against 2,102 bales last week, 2,691 bales the previous
week, and 3,299 bales three weeks since, making the total receipts
since the 1st of September, 1876, 3,962,663 bales, against 4,099,934
bales for the same period of 1875-6, showing a decrease, since
Sept. 1, 1876, of 137,321 bales. The details of the receipts for
this week (as per telegraph) and for the corresponding weeks of
five previous years are as follows :
Receipts this week at—
1877.
New Orleans
provisions the past week has been notable for Mobile.
the important decline in the prices of pork and lard. Mess pork Charleston
sold to-day at $13 50 on the spot and $13 35 for September, with Port Royal, Ac
October worth about the same as September.
Lard declined to Savannah
$8 80 for August and September, $8 85 for October, and $8 57£ Galveston
for all the year. The decline is in sympathy with the course of Lndianola, Ac
Western markets, which seem to be influenced by the improved Tennessee, Ac
prospects of a large corn crop. Bacon has sold to a moderate Florida
extent at 7|c. for Western long clear.
Cut meats are scarce. North Carolina
Beef is nearly nominal, and beef hams| are lower. Butter is in Norfolk
large supply and cheaper, but cheese is better than early in the City Point, Ac
week, good to prime factories selling at 8@10£c. Tallow is firm
at 8^c. for prime, and stearine is in better demand at 10@10|c. for
Total this week
prime Western. The foreign export of the hog product, from
Total since Sept.
October 29 to August 11, for last two crop seasons, compares as
The market for
follows:
1875-6.
Pork, lbs
Lard, lbs
Bacon, lbs
Total, lbs....
1876-7.
Increase.
48,787,200
36.727,800
148,8^,985
185,036,517
812,871,727
369,786,099
10,059,400
36,151,532
56,864,372
.500,482,512
603,559,816
103,077,304
The following is a statement of summer hog packing in the
West since March 1, as reported by the Cincinnati Price Current:
1877.
No.
At—
100,200
74,000
990,000
7 95,COO
129,000
105,000
82,000
180,000
56,703
182,100
Approximately at other points
1,6 45,Of 0
1,645,0C0
255,GOO
Total
Increase in 1677 over 1876
1876.
No.
95.000
1875.
1876.
1874.
1873.
352
1,337
204
8S6
1,259
201
104
219
75
89
470
32
276
158
599
1,57!
204
1,194
156
488
1,131
273
-
}
53
290
157
614
102
639
178
571
S95
403
15
6
1,242
83
1,734
3,031
6
7
8
1
12
39
143
21
239
813
2,351
490
79
32
18
5,292
10,511
2,472
1
....
241
....
94
259
279
2,545
29
31
1,733
7,390
'
....
1,941
j8,962,663 4,099,984 3,479,219 3,804,727
1....
1872.
}
219
•
•
•
•-
3,603,124 2,714,436
The exports for the week
ending this evening reacii a total of
bales, of which 1,635 were to Great Britain, 330 to
France, and 5,189 to rest of the Continent, while the stocks as
made up this evening are now 136,746 bales.
Below are the
stocks and exports for the week, and also for the corresponding
7,154
week of last
season:
Exported to
Total
Same
Conti¬
this
week
nent.
week.
1876.
Week
ending
Ang 17.
Great
Britain.
New Orleans*....
•
France
•
....
50
50
....
455
455
2,229
Mobile
60,800
15,010
180,200
Charleston.
1,400,000
Galvestont
......
....
....
Savannah
New York
Norfolk.
1,475
4,674
330
6,479
4,598
Stock.
1877.
1876.
24,615
3,391
2,349
1,557
3,494
77,033
1,307
23,000
Kentucky tobacco has been more active, the sales for the week
160
10
170
1,510
aggregating 1,050 hhds., of which 900 for export and the remain¬ Other ports}:
der tor home consumption. Current quotations are: Lugs,3^@6c.;
Total this week..
330
1,635
8,337 136,746 148,756
5,189
7,154
leaf, 7i@14c.
Seed leaf has also been in moderate demand,
Total
since
Sept. 1 2,132,330 459,915 438,021 3,030,316 3,213,828
though closing rather quiet. Sales 200 cases sundries at 4c.,
15c. and 18c.; 150 cases New England, crop of 1876, at 9(5)1 lc.
Mew Orleans.—Our telegram to-night from New Orleans snows that (besides
for second^, and 5@6c. for fillers; 135 cases Connecticut and above exports) the amount of cottou on shipboard and engaged for shipment at
that port is as follows: For Liverpool, 600 bales; lor Havre, no bales; for
Massachusetts, crop of 1878, 15£c.; 250 cases of the same growth, the Continent,
no bales; for coastwise ports.no bales; which, If deducted from
crop of 1875, at 12c., 18c., 20c. and 35c.; 135 cases Housatonic, the stock, would leave 24,000 bales representing the quantity at the landing and In
presses unsold or awaiting orders.
on private terms; and 165 cases Pennsylvania at 18c.
Spanish
t Galveston.—Our Galveston telegram shows (besides above exports) on ship¬
tobacco was rather quiet, and the sales reported are only 500 board at that port, not cleared: For Liverpool, no hales; for other foreign,
no bales;
for coastwise ports, no bales; which, if deducted from the stock,
bales Havana at 75c., 80c., and $1 10.
would leave remaining 3,491 bales.
X The exports this week under the head of “other norts” include from Baltimore,
There has been a moderately active and bteady market for Rio
124 bales to Liverpool; from Boston, 36 hales to
Liverpool; and 10 bales to other
grades of coffee; fair to prime cargoes,"now quoted at 16|@21c , foreign ports.
and jobbing lots 16f@v2£c. gold. Stock here on the 15th inFrom the foregoing statement it will be seen that, compared
Btant, 92,788 bags in first hands.
Mild grades sell fairly at with the corresponding week of last season, there is a decrease
steady figures. Rice continues in jobbing demand. Molasses in the exports this week of 1,183
bales, while the stocks to-night
has sold more freely, owing to the marked declines of late; are
12,010 bales less than they were at this time a year ago.
50-test Cuba refining quoted at 83@35c. Refined sugars have The
following is our usual table showing the movement of cotton
been quiet and easy; standard crushed quoted at 11c.
Raw at all the ports from Sept. 1 to Aug. 10, the latest mail dates:
grades have been dull, and quotations show weakness and
RECEIPTS
EXPORTED SINCE SEPT. 1 TO—
depression ; fair to good refining, 8£@8$c.; Centrifugal, 8£(59£c.
Coast¬
'
*
The movement has been
as
follows
:
Hhds.
Stock August 1, 1877
121,693
24,929
Bags.
273,482
Melado.
2.317
158
10,636
1,6)0
Receipts since August 1, 1877
83,493
Sales since August 1, 1877
185
49,816
6,440
8tock August 15, 1877
307.159
125,“89
26,344
2,477
Stock August 17,187e
61,507
40,102
73,476
2,865
In ocean freights a very fair movement has been reported
berth room has shown some irregularity, but closes firm;
while charters have remained firm all through.
To-day, the
whole market was more active, firm, and, in the case of grain
....
charters, higher.
Grain to Liverpool, by steam, 8d.; cotton, £d. ;
sugar, 30s.; grain to Avonmouth, by sail, 8d. per 60 lbs.; do. to
Glasgow, by steam, 7£d. ; do. to Cork for orders, 6s. 6d.@6s. 9d.;
do. to Lisbon, 20c. gold, per bushel; do. per steamer to Costinent,
7s. per qr.; naphtha to Liverpool, 5s. ; crude petroleum to Havre
or Bordeaux, 4s. 9d.; refined to Cork lor orders, 5s. 6d.; do. to
Elsinore for orders, 5s. 10£d.; do. to Newcastle, 4s. 10£d.
Naval stores have shown more activity and firmness ; spirits
turpentine quoted at 34(S)34£c., and common to good strained
rosin, $1 80(5)1 92|. Petroleum has also advanced, and moderate
transactions have been reported ; crude, in balk, 7fc.; refined, in
bbls,, 14c. for early Sept, delivery; and 84c. for naphtha. In iron
there was a sale of 3,000 tons Thomas forge for next year's deliv¬
ery at $16. Ingot copper steady ; sales 100,000 lbs. on the spot at
184c., and 1,000,000 lbs. for future delivery at 16fc. Hides have
been quite active and certainly very firm; late sales include 20,000
dry Buenos Ayres, part at 23c., and 10,000 dry Montevideo at 23c.
gold, 4 nao8. Whiskey is active at $1 11£(S>1 12, tax paid. Domes¬
tic flaxseed is a $1 50(5)1 524, and Calcutta linseed last sold at
$2 05, gold.
SINCE SEPT.
PORTS.
Boxes.
1876.
N. Orleans.
Mobile
Charlest’n *
Savannah..
Galveston*.
New York..
Florida
N. Carolina
Norfolk*
Other
..
ports
1875.
Great
Britain
France
1,180,321 1,397,542 690,599 331,076
357,469 370,345 143,613 25,163
470,756 413,250 221,616 50,679
476,834 516,807 233,515 14,742
501,643 477,766 206,768 24,774
121,201 198,365 379,938
9,033
20,331
129,425
552,494
150,401
Tot. this yr. 3,660,930
Tot. last yr.
1.
Other
forei’n
wise
Total.
Stock
Ports.
1201,562 185,060
218,703 143,523
345,096 108,912
298,502 145,679
256,952 249,140
420,649
20,381
2,511 10,606 36,474
92,170
1,602 1,221 112,515 442,000
16,065 132,709
4,000
20,000
2130,745 459,585 432,832 3023,162 1386,855
149,489
12,072
....
102,594 23,357
491,820 109,092
112,033 116,644
4,092,594 2059,463
.
.
.
179,887
44,922
72,801
50,245
25,412
31,673
....
....
449,407! 696,921
....
....
...
3205,491 1345,087
25,473
3,503
2,988
1,595
4,169
86,815
....
881
153,765
*
Under the head of Charleston is Included Port Royal, Ac.; under the head of
(TafvestonU included Indlanoia, Ac.; under the head of Norfolk is included City
Point, Ac.
correspond precisely with the total of
telegraphic figures, because in preparing them it is always
These mail returns do not
(he
to incorporate every correction made at the ports.
The week opened with cotton on the spot tending strongly
downward ; holders were disposed to press sales and close out
necessary
stock, while the foreign advices were of the mo9t discouraging
character.
Quotations were on Tuesday reduced 4c., to life, for
middling uplands. But on Wednesday there was a recovery of
l-16c. on better foreign advices, especially the report of increased
purchases for account of the Manchester spinners. Yesterday,
there was an increased demand for home consumption, which
August
THE CHRONICLE
18, 1877.]
165
served to stiffen prices.
cts.
bales.
cts.
To-day, spots were marked up 1-lSc., bales.
bales.
cts.
hales.
cts.
2 JO
10 H
100
10-85
500
8nO
11-(17
11-02
quiet. For future delivery the market
120
i0"97
400
10-36
500.
ll*i S
100
11-16
«00
10-98
has been feverish and irregular. The first half of the week was
7J0...
10-87
7JU
11-04
10-99
1,000,...
60 i
10-83
8,500 total Jan.
11-00
quite depressed. At the close on Tuesday there was a decline 1.600
500
10-89 14300 total Dec.
100
11-01
1.700
10-90
from the previous Friday of 19 points for August, 12@15 points
For February.
200
11*02
500
10-91
200
11-03
for the autumn months, and 14@18 points for the later deliveries,
100
For January.
11*40
S00
10-92
200
11*12
900
from which there was a recovery in the course of Wednesday
10-93
200
10-95
ioo
iris
11,300 total Nov.
1,800
10*91
700
10-JC
and Thursday, of 24 points for August, 10@16 for the autumn
10-95
1,70/
200
1097
500 total Feb.
For December.
500
10 93
200
months, and 6@9 points for the later deliveries. It will be
10-99
S00
10-31
409
For March.
lc-98
11-00
1,200
observed that while the more remote deliveries fell off rapidly,
70 J
10-82
800
200
11-34
10-99
100
11-03
600
10-83
100
100
11-00
11-41
their recovery was but partial.
"00
11-04
Stocks are in such narrow
40J
10-;4
100,...
ill-01
2.0.
11 06
300 total March.
compass that August contracts are exposed to speculative manip¬
The following
ulation, and to this the wide fluctuations are mainly due. The
exchanges have been made during the week;
•2t pd. to exch. SDD
recovery in September and October prices has been caused by the
Sept, for Aug.
•20 pd. to exch. 500 Sept, for
Aug.
revival of the demand for consumption, at home and abroad, and
the admitted lateness of the growing crop.
To-day, futures
The following will show the
closing market and prices bid for
opened at a slight advance, but the demand proved limited and future delivery, at the several dates
named :
the improvement was soon lost, closing dull.
The total sales for forward delivery for the week are 164,100
MIDDLING UPLANDS—AMJIBIOAN CLASSIFICATION.
bales, including — free on board. For immediate delivery the total
Frl.
Sat.
Mon.
Tues.
Wed.
Thurs.
Frl.
sales foot up this week 3,503 bales, including 25 for export, Market
Stea ly,
Quiet,
closed
Quiet,
lower.
[igher.
Lower.
higher. Higher, irregular,
3,455 for consumption, 28 for speculation, and — in transit.
August
11*53
n-36
11-39
11-34
11-43
11-53
11*81
Of the above,
bales were to arrive. The following tables September
11-32
11-38
11 23
11-20
11-26
11-36
11*89
October
irt'4
show the official quotations and sales for each day of the past
11-04
10-94
10-89
1097
11(2
11-01
November
10*91
10-95
10-81
10-30
10*36
but business was very
.
..
.
07.92 1
week:
UPLANDS.
New Classification.
Ordinary
V B>.
Strict Ordinary
Good Ordinary
Strict Good Ord’ry.
Low Middling
Strict Low
Middl’g
TEXAS.
;o i-i6
10 7-16
10 11-16
10 15-16
Exchange
10
10
10
10
UK
11 5-16
1-16
7-16
11-16
15-16
10
10
10
10
1-16
7-16
11-16
15-16
iili.
U*
10
10
10
10
1-16
10
7-16 10
11-16 10
>5-16 11
11*
11 5-16
UK
UK
U*
U*
UK
U*
12
12
Middling Fair
12*
13*
12*
13*
12
13*
10
10
10
U
5-16
9-:6
13-16
1-16
10
10
10
11
3-16
9-16
13-16
1-16
11*
11 7-16
11*
n*
12*
12*
13*
U*
11*
12*
12*
is*
12*
13*
12*
3-16
9-16
13-16
1-16
11^-16 111-16
11 5-16
}1X
U*
11*
12*
12*
13*
10
10
10
11
3-13
9-16
13-16
1-16
111-.,
US
12*
12*
13*
Tues Wed. Toes Wed. Tues Wed. Tues Wed.
Aug. 14 Aug. 15 Aug. 14 Aug. 15 Aug. 14 Aug.15 Aug. 14 Aug. 15
Ordinary
V lb.
Strict Ordinary
Good Ordinary
Strict Good Ord’ry.
9
10
10
0
11
11
15-16 10
5-16 10*
9-16 10*
13-16 10*
11 1-16
Low Middling
Strict Low Mmdl’g
S—16
Middling
UK
Good Middling
UK
Strict Good Middl’g 11*
r
Middling Fair
12*
Fair
13
9
10
10
10
11
11
15-16 ;o
5-16 10*
9-16 10*
13-16 10*
11 1-16
3-16 UK
U 7-:6
U*
11 11-16 11*
11 11-16
11 15- 6 u*
11 15-16
12 5-16 12*
12 5-16
13 1-16 13
13 1-16
lll-.e
10
10
10
10
1-16
10*
10*
10*
7-16
11-16
15-16
10
10
10
10
'
I—16
7-16
11-16
15-16
11 3-16
11*
11 5-16
U*
11 5-16
UK
1L9-16 U*
11 13-15 a*
12 1-16 12
12 7-16 12*
13 3-16 13*
11*
u*
12
12*
13*
10*
10*
8*
11 3-16
n*
U 9-16
11 13-U
12 1—16®
12 7-16
13 3-16
Th.
5»>1. Til.
Frl.
Th.
Frl.
Th.
Frl.
Aug. 16 Aug. 17 Aug.16 Aug.17 Aug. 16 Aug.17 Aug. 16 Aug.17
Ordinary
V lb.
Strict Ordinary
Good Ordinary
Strict Good Ord’ry.
Low Middling
Strict Low Middl’g
10
:o
10
10
10
i-i6 ID
7-16 10*
11-16
10*
1"*
15-16 10*
10*
11 i-16 UK
11 1-16
11 5--16 U*
11 7-16
U* •
11 11-16 U*
11 11-16
u 15-16 12
11 15-16
12 5-16 12*
12 5-16
13 1-16
13 1-16
3*
10*
!0
10
10
10
•:!!,«
Middling
Good Middling
Strict Good Mfddl’g
Middling Fair
Fair
March
April
Good Middling
Strict Good Middl’g it
Fair
N. ORLEANS.
Sat. Mon. Sat. Mon. Sat. Mon. Sat. Mon.
Aug.11 AUg. 13 Aug.11 Aug. 13 Aug.11 Aug. 18 Aug.11 Aug.13
UK
Middling
ALABAMA.
Docember.....
January
February
1-16 !0*
7-16 ID*
lt-16 10*
15-16 11
11 3-16
U*
11 5-16 UK
10
1 >
10
1!
UK
U*
u*
U 9-',6
It
12
12
13
'2
12*
13*
3-16
9-16
13-16
1-16
;i1-i6
13-16 !1*
1-16 12*
7-16
2*
3-16
3K
0*
!0*
!?*
11 3-16
!1*
tl
11
12
12
!8
'0
10
10
11
3-16
9-16
13-16
1-16
U*
11 7-16
Tramf.orders.
Gold
10-96
11-06
lt'20
11-39
11-55
11-60
10 87
11-00
11-14
irso
11 46
11-40
105*
105*
105*
4*53
....
4 83
10-83
10-96
11-0J
11*28
11*36
11-35
of
10 88
1101
11-16
11 82
11*45
11-45
105*
4 83
The Visible Supply
105*
4 62
Cotton,
4 62
for the Continent
10-9U
10 92
1105
11*13
11-34
11-45
11-60
10*39
10‘92
11-04
11-18
11-33
11*45
11-63
105*
105*
4-31*
4*82
as made up
telegraph, is as follows. The continental
of last Saturday, but the totals for Great
stocks
by cable and
the figures
are
Britain and the afloat
this week’s returns, and consequently
are
brought down to Thursday evening; hence, to make the totals the
complete figures for to-night (Aug. 17), we add the item of exports
from the United States,
including in it the exports of Friday
only;
1877.
1876.
1875.
1874.
Stock at Liverpool
Stock at London
877,000
33,500
818,000
37,000
887,000
79,250
910,000
115,000
Total Great Britain stock
Stock at Havre
8tockat Marseilles
Stock at Barcelona
910,500
217,250
6,000
61,000
14,000
71,500
855,000
161,000
6,500
80,000
11,000
966,250
182,500
6,750
77,750
11,250
1,025,000
162/00
15,750
70,250
57,750
37,750
Stock at Amsterdam
45,500
59,250
Stock at Rotterdam
10,750
43,500
93,000
25,000
12,000
35,000
Stock at Hamburg
Stock at Bremen
21,250
7,750
15/00
18,000
15,250
19,250
42,000
11,250
2,000
14,250
449,003
427,750
335,500
477,750
1,359,500
1,282.750
1,351,750
1,502,750
Europe.... 256,000
American cotton afloat for Europe
59,000
Egypt, Brazil, <fcc.,afloat for E’rope 22,000
416.000
518,000
83,000
28,003
148,756
14, ’£2
43,000
23,030
89,483
6,655
1,000
432,000
50,000
38,000
126,804
20,152
Stock at
9-*6 11*
13-16 u*
1-16 12*
7-16 12 H
3-16 ’3*
io*97
ll*iu
11*21
11*42
11*54
11*53
Antwerp
Stock at other continental ports..
Total continental ports
STAINED.
Total European stocks
Sat. Mon. Toes Wed. Th.
Frl.
Aug.11 xug.13 Aug. 14 Aug. 15 Aug 16 Aug 17
Good Ordinary
Strict Good Ordinary.
Low Middling
9 11-16 9 11-16 9 9-16
10 5-16 10 5-16 10 3-16
10*
Middling
10*
11
10*
to*
11
9 11-16
9*
9*
i0 K
10 5-16
io*
10 7-16 10 7-16 10*
10 15-16 10 ’5—16 11
India cotton afloat for
Stock in United States ports
138,746
10,341
Stock in U. S. Interior ports
United States exports to-day
100
....
•
•
•
•
MARKET AND SALES.
Total visible supply.. \ .baies.l,873,687
SALES OF SPOT AND TRANSIT.
Spot Market
Closed.
Ex¬
port.
Saturday.. Quiet, unchanged
Monday... Dull, unchanged..
Tuesday
Quiet, lower
352
530
23
735
Ml
1,003
..
Wednesday Steady, higher....
Thursday.. (firm, unchanged.
Friday
Quiet, higher
Total
ConSpecsump. ulat’n
"
*
Tran¬
sit.
•
*7
•
Total.
• •
466
•
•
•
•
25
‘*2i
3,4)5
2i
Sales.
352
530
767
466
.
..
Deliv¬
eries.
24.000
367
23,300
34,200
29,000
2<,000
26,600
100
4C0
300
300
200
700
3,503
164,100
2,000
1,026
367
••
FUTURES.
For forward
delivery, the sales (including
free on board)
during the week 104,100 bales (all middling or on
middling), and the following is a statement of the
have reached
the basis of
sales and prices:
For August,
hales.
cts.
100
11-30
400
H-31
500
11-62
1,600
U-3J
800
1!-34
I,COO
11-35
600
11*36
100
U-37
100
11-39
200
11-40
500
11-42
600
11-43
900
ll 41
1,300
11-45
ICO
n-46
400
.",...11-47
100
11-43
500
H-49
2/00
11-50
1,0 DO
11-51
100./.
11-52
4' 0
li-3
200
11-55
800..
H-56
600
11-57
400
U-53
1.100
11-59
2.S0D
11-30
bales.
200.
ct*.
11-61
....11 62
1,500.
20J
11-83
200
11-61
23,300 total Aug.
For September.
1,900
,...11-17
3,600
..11-18
.
1/00
51100
600
=03
2,000
11-24
3,200
11-25
4.700
11-21
3,800
11-27
11-28
11-23
11-30
11-31
3.100
4.4CO
5,500
1,-00.
1,900
cts.
bales.
1,800
4,30J
7,200
4,500
6,000
1,600
11-38
11-39
11-40
11 41
11-42
If43
300.
400
200
11-41
11-45
11-32
3,-00
3/00
3,700
11-38
11-34
11-35
11-36
1,920
11-37
1.400
300
200
,-cts.
11-05
11-06
11-07
11-08
4(H)
11-09
900
11-1G
1,0 X)
11*11
200
11*12
11-13
100
11-19
11-20
11-21
11-22
11-23
2,010
bales.
For October.
200..,.
10-90
1* .*32
10-94
10*9 ">
1,400
10-98
700
600
1J-97
1C- 93
’0 9 ♦
2 400
1
10-85
£00
600
1,50 J
400
300
100
900
1C-87
10-83
10-89
11- 0
710
1101
3,300...
11-02
1WS
3,300
U\4
26,800 total Oct.
For November. 500
10-78
100
10-79
600
10-30
500
lC-81
5(0
1./33
100
1 *35
8iH)
10-86
700
10 87
100
1JS
1,600
1 -89
1,500
10-90
600
201’
100
.0-41
10 92
1 -93
100
100
10-94
10-95
2.038,838
2,169,706
American—
Liverpool stock
435,000
3i:,ooo
83,000
148,755
14,132
405,000
183,000
43,000
89,433
6,655
1,000
359,000
252,000
1,013,933
S31,138
807,956
333,000
392/00
79,250
,196,500
518,000
551,000
115,000
225,750
432,000
29,000
38,030
1,214,750
824,133
1,361,750
1,015,928
supply. ...bales. 1,873,637
1,072/88
2,033,838
Price Mid. Uplands, Liverpool ...6 l-13d.
6 3-16il.
7 1-161.
2,169,706
8*d.
Continental stocks
American afloat to
Europe
United States stock
...
....
United States interior stocks..
United States exports to-day...
Total American
..
...
59,030
136,716
10,341
...
bales.1,123,187
50,000
123,804
20,152
•
IS ►
East Indian% Brazil, dkc
Liverpool stock
London stock
86,100 total Sept.
.
1,972/88
Of the above, the totals of American and other descriptions are as follows:
37,000
Continental stocks
112,750
India afloat for Europe
Egypt, Brazil, &c.,afloat
...
..
..
...
286,000
22,000
416,000
28,000
V*
Total East India, Ac
Total American
Total visible
...
745,500
956,750
807,956
These figures indicate a decrease in the cotton in sight to-night
of 99,001 bales as compared with the same date of 1876, a
decrease of 165,201 bales as compared with the corresponding
date of 1875, and a decrease of 296,019 bales as compared
^th 1874.
At the Interior Ports the movement—that is
and
the
receipts
shipments for the week and stock to-night, and for the
corresponding week of 1876—is set out in detail in the following
statement:
„
THE CHRONICLE
166
[VOL. XXVI,
T.
Week ending Aug. 1 7, 1877.
Receipts. Shipments.
Stock.
Week
ending Aug. 16, 1876.
Receipts. Shipments. Stock.
857
59
133
92
1,025
1,074
110
593
3,648
8,579
74
700
968
4,473
14,182
10
5
96
170
23
31
1C6
192
263
191
175
614
95
5S9
1,233
29
343
27
40
6
11
227
i6
705
39
6,092
NashvUJe, Tenn...
092
380
38
82
42
23
528
25
Total, old ports.
417
1,264
10,341
42
146
17
3
54
244
21
120
67
173
162
36
Augusta, Ga
Columbus, Ga
Macon, Ga
Montgomery, Ala
57
67
5
..
Selma. Ala
Memphis, Tenn
Dallas, Texas
Jefferson, Tex.
Shreveport, La
Vicksburg,Miss....
Columbus, Miss..
Enfaula, Ala
Grlffln, Ga
..
.
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
»
*
10
Atlanta. Ga
9
Rome, Ga.
429
60
26
736
495
705
235
*
•
•
•
•
•
•
•
•
•
952
1,259
•
•
17
862
172
451
....
•••
....
....
•
....
...
1,525
125
129
28
7
141
225
8
2
59
181
26
171
955
1,448
2,025
4,692
1,233
1,677
9;ioi
Total, new ports
1,256
3,041
8,777
1,778
2,430
14,695
Total, all
1,773
4,305
19,1!8
2,746
6,903
28,877
Charlotte, N.C
fit.
Louis, Mo
Cincinnati, O
2,586
The above totals show that the old interior stocks have
decreased during the week 807 bales, and are to-night 3,841
bales less than at the same period last year.
The receipts at the
tame towns
have been 551 bales less than the
same
week last year.
Weather Reports by Telegraph.—The weather has gen.
©rally been fairly favorable for the crop the past week. Rain
but has not been excessive anywhere,
though the appearance of caterpillars in so many sections makes
It the more important that the weather should be dry.
As yet,
however, no harm has been done by caterpillars, except in
Texas, and in the coast counties of that State little further
damage has been done this week in consequence of the dry
has fallen at many points,
weather.
Texas.—We have had
single shower this week,
with a rainfall of nine hundredths of an inch.
Average ther¬
mometer 84, highest 93, and lowest 76. Caterpillars are reported
everywhere in the coast counties, but have done little further
damage this week in consequence of the dry, hot weather. The
plant needs rain, but it is dreaded on account of the insects.
Indianola, Texas.—There have been showers here on two days
of the week, the rainfall reaching twenty-six hundredths of an
inch.
The thermometer has averaged 86, the extremes being
74 and 98. Caterpillars have made a clean sweep in many sec¬
tions, and are still at work in others. The region northward is
beginning to need rain badly.
Corsicana, Texas.—The weather has been warm and dry during
the week, and the cotton plant is beginning to need rain.
Pick¬
ing has been begun. Average thermometer S2, highest 101, and
Galveston,
a
lowest 64.
Dallas, Texas.—It has rained hard on two days, and the rain
very welcome.
Some sections are needing more badly.
was
Average thermometer 87, highest 96 and lowest 65.
The rain-
l&l has reached one inch and ten hundredths.
Hew Orleans, Louisiana.—It has rained here on one day
week.
The thermometer has averaged during that time 83.
tended over a wide surface.
We hear rumors of the appearanceof caterpillars, but think them of very little importance.
The
thermometer has averaged 79,
est 67.
The rainfall during
hundredths of an inch.
Selma, Alabama.—We have had no rainfall this week. The
days have been warm but the nights hive been cold. The crop
is developing promisingly, although we hear rumors of the ap¬
pearance of caterpillars, which, however, we think are of little
importance.
Madison, Florida.—It has rained here on one day this week,
the rainfall reaching sixty-five hundredths of an inch.
Thethermometer has averaged 80, the highest being 84 and the low¬
est 76.
The bottom crop in this section will be poor, but the
middle crop is safe and very abundant.
Caterpillars have cer¬
tainly appeared and much damage is feared, though the injuiydone is as yet limited.
Macon, Georgia.—Telegram not received.
Atlanta, Georgia.—It has been showery one day this week, the
rainfalf reaching thirteen hundredths of an inch. The ther¬
mometer has averaged 81, the highest being 93 and the lowest 67.
Columbus, Georgia.—It has rained severely on one day tbi*
week, the rainfall reaching seventy-five hundredths of an incb.The thermometer has averaged 77.
Savannah, Georgia.—We have had rain on one day this week,
the rainfall reaching five^hundredths of an inch; but ihe rest of
the week has been pleasant.
The thermometer lias averaged 81*.
the highest being 94 and the lowest 71.
Augusta, Georgia.—It has been showery two days the earlier
part of the week, but the latter part has been clear and pleasant.
The weather on the whole has been favorable for crops, andaccounts are good.
The thermometer has averaged 79, the
highest being 93 and the lowest 68. The rainfall for the week iss.
seventy-six hundredths of an inch.
Charleston, South Carolina.—We have had light showers cm
two days this week, the rainfall reaching twelve hundredths oi
an inch.
The thermometer has averaged 82, the highest being/
91 and the lowest 73.
The following statement we have also received by telegraph.,
showing the height of the rivers at the points named at 3 o’clock
Aug. 16.
We give last year’s figures (Aug. 17, 1876) for com¬
parison:
-Aug. 16. ’77.-v—Aug. 17, ’7&Feet.
lnefe,
Inch.
Feet.
Below high-water mark
Above low-water mark
.Above low-water mark
.Above low-water mark
Vicksburg... Above low-water mark
Vicksburg, Mississippi.—There has been
no
rainfall here all
The thermometer has averaged 80, the extremes be¬
ing 67 and 95. We hear
rumors of the appearance
but think them of little importance.
of caterpillars,
2
8
1
9
0
2
14
4
20
22
3
2
6
3
6
...
17
9
2.
7
Agricultural Bureau has issued its figures this week for Augu*t_
they indicate a less promising condition of the cotton crop
than generally estimated.
We give the present August average*
below, adding the statement for the same month of previous
years for comparison:
and
August.
,
1876.
1875.
1874.
1873.
1
1872.
1871.
North Carolina..
88
96
99
95
95
99
94
20*
88
97
84
97
87
98
96
1(A
85
204
86
94
95
104
80
10O
85
102
103
96
83
210
lus
93
89
94
103
93
90
91
107
81
90
92
lot
89
88
112
80
95
106
89
99
83
86
101
83
ICO
96
106
93
105
83
103
84
SG
Arkansas
93
98
108
87
93
96
98
no
Tennessee
90
120
107
83
95
104
lbO
s®
92 5
916
102 0-
Average...,.
92 3
93 4
95 8
879
■■
187&
South Carolina..
Shreveport, Louisiana.—The weather during the week has been Georgia
dry, and the plant is shedding forms and small bolls/ A Florida
good rain would prove beneficial. Worms are reported in all Alabama
flections, but no damage has been done as yet, and little fear is Mississippi
expressed by planters. There is some picking going on, but it Louisiana
lias not yet become general. Average thermometer 65, highest Texas
this week.
12
reported below hign-water mark of 1871 until
Sept. 9, 1874, when the zero of gauge was changed to high-wat«r
mark of April 15 and 16, 1874, which is 6-10tlis of a foot abov©
1871, or 16 feet above low-water mark at that point.
Agricultural Bureau Crop Report for August.—The
very
$5 and lowest 26.
...
New Orleans
1877.
this
the highest being 97 and the low¬
the week has been thirty-three >
160-9
By the foregoing, we see that only in 1871,1873 and 1874 vra*
Columbus, Mississippi.—The cotton plant in this section looks the condition for August as low as the present year’s average.
strong and healthy. The weather during the week has been
The report also gives the following particulars:
'
:
warm and dry, with cool nights.
On the Atlantic coast there is frequent mention of inferior'
Little Rock, Arkansas.—Telegram not received.
JNashville, Tennessee.—The weather during the week has been fruitiDg. In the Carolinas there has been much succulenee of
too cold, but so far the crop has continued to make good progress.
growth in consequence of abundant moisture. In Georgia and •
It has rained on two days, the rainfall reaching sixty-seven hun¬ Alabama there has been some injury from drouth, but tbeIt has been too wet in
dredths of an inch, and the thermometer has averaged 75, the weather has lately been more seasonable.
much of Mississippi; some cotton in bottom lands in Tippah*
extremes being 65 and 85.
Memphis, Tennessee.—Rain has fallen on two days of the county has been abandoned from this cause. In Louisiana theIn Concordia parish the best crop*
week, the rainfall reaching fourteen hundredths of an inch. The promise is extraordinary.
since 1870 is expected; in Union “ the best since 1860.”
weather the balance of the week has been pleasant.
The ther¬
The prospect in Texas is marred by the appearance of themometer has ranged from 65 to 92, averaging 78, but it has been
over two degrees cooler in the
caterpillar. More than half of the counties reported are infested,,
country.
Mobile, Alabama.—It has rained here on one day this week not seriously as yet except in a few cases. In Lavacca the bulk
severely, but the rest of the week has been pleasant up to to day. of the crop is destroyed ; in Gonzales, 75 per cent—“ a complete
To-day it is threatening rain. Crop accounts are less favorable. wreck where preventives were not used.” Poison is successfully
In the canebrake region of Alabama, caterpillars have certainly applied by prudent planters.
The caterpillar has appeared in the parishes of St. Landry,
appeared, though the injury done is as yet limited. Much damage
is feared, however.
In some sections the cotton plant continues Richland and Clayborne in Louisiana ; in Perry, Wilcox ancSt
strong and healthy looking, and the crop is developing promis¬ Conecuh in Alabama; in Columbia, Florida, and in Brooks
ingly. Average thermometer during the week 82, highest 94 and Georgia.
lowest 70.
The rainfall is one and twenty three hundredths
Georgia State Agricultural Bureau.—We have receive#
inches.
The first bale of
new
cotton
was
received here
on
from Mr. Thomas P. Janes, Commissioner of Agriculture of
Saturday last (11th instant), and last year on the 13th of August.
Montgomery, Alabama.—We have had delightful showers on Georgia, his crop report for this month. He states that in ooUmq
three days of the week, and the indications are that they ex¬ there has been a steady failing in the prospect throughout
August 18,
month in
THE CHRONICLE.
1877.]
187
Middle,
Southwest and East Georgia, and an improve¬ table
showing the exports of cotton from New York, and their
cent in North, and 1 per cent, in Southeast Georgia. direction, for each of the last four
weeks; also the total exports
RflLfit is reported in Early county, and caterpillars in several and direction since Sept. 1, 1876; and in the
last column the total
for the same neriod of the
counties.
The average prospect for the State—by sections—is
previous year:
SS*6, against 89 on 1st July, showing a reduction of 24 per cent.; Bxportsof Cotton!bales) from New
YorMalneeSeDt.lt 18T6
but it must be borne in mind, he says, that Middle and South¬
west Georgia are the largest and chief
WSBK 1NDINO
cotton-producing sections
Same
■XFOBTBD TO
Total
'of the State, and it appears that the prospect in each of these
period
is
to
prev*ua
July August
aaly go—a mean reduction of 8 per cent from 1st July. The
date.
25.
1.
August August
year.
15.
opinion was expressed in the June Report that it was “highly Liverpool
3,179
825
5,621
1,475 345,979 389.157
improbable that an average crop of cotton will be produced this Other British Ports.
36,434
8,964
je&r in Georgia.”
That opinion has been confirmed, he adds, by Total to Gt. Britain 3,179
5,621
825
1,475 381,413 896,941
the reports herein presented, and, as the drouth still
prevails, Havre
330
9,363
Other French ports
10,023
and the close of the growing and fruiting
season is near at hand,
the indications are very strong that not more than
three-fourths Total French
330
9,368
10,083
of a crop will be made.
Bremen and Hanover.
15,029
22.635
Bombay
Shipments.—According to our cable despatch received Hamburg
2,878
8,689
4xiay, there have been 3,000 bales shipped from Bombay to Great Other ports
m
3,050
3,550
13,676
35,933
Britain the past week, and 4,000 bales to the
Continent; while Total to N. Europe,
3,050
905
81,583
3,550
the receipts at Bombay during this week have been
87,456
2,000 bales.
Spam
The movement since the 1st of January is as follows.
Oporto
A Gibraltar Ac
These are 411 others
1,124
4,014
13
rfche figures of W. Nicol & Co., of
750
409
Bombay, and are brought
down to Thursday, Aug. 16 :
Total Spain, Ac....
1,124
4,764
.-Shipments this Week431
ment of 5 per
....
•
•
•
•
•
•
•
...
•
—
...
....
•
•
..
• •
9 9 9 •
,
•
•
•
•
•
•
•
•
•
•
•
....
.
....
....
....
....
....
....
....
....
....
...
Great
ConBritain, tinent.
’1877
3,000
1896
>*15
^-Shipments since Jan. 1-,
Great
ConBritain, tinent.
Total.
4,000
1,000
7,000
6,000
2,000
373,000
520,000
.—Receipts.—
Since
Jan. 1.
Grand Total
990,000
988,000
1,229,000
following
This
w«ek.
Total.
403,000
776,000
346,000
872,000
404,000 1,190.600
2,000
4,000
The
3,179
are the
8.671
....
1,730
6,479
427.128
'474,841
5,000
2,000
786,000
none
From the foregoing it would
appear that, compared with last
year, there is an increase*of 1,000 bales this year in the
week's
^shipments from Bombay to Europe, and that the total movement
aince January 1 shows a decrease in
shipments of
at New York, Boston
Philadelphia and Baltimore for the past week, and since
Sept. 1,*75.
Gunny Bags, Bagging,
&c.—Bagginghasbeen in fair demand
and there have been sales of
parcels to the extent of several
thousand rolls at 12£@12fc.
There is an increased inquiry
to be
noted from the South, but sales are not
advance has taken place, but holders are firmlarge as yet and no
at
New Orleans..
Texas
Savannah
Mobile
Florida
3’th Carolina
S’th Carolina.
....
rece’ts
M1V YORK.
BOSTON.
prom
98,000 bales,
compared witn the corresponding period of 1876.
receipts of cotton
This
Since
This
week.
Sept 1.
week.
2,643
161,292
734
231
Since
This
Since
2,780
27,077
....
13,109
101.555
79,271
223,497
107
CO
174
This
Septl. week. Septl. week. Septl
9,546
126,235
m
....
Since
BALTIXORB.
15,359
90,795
•
r
FHILADKLP’lA
.
.
16,205
8,470
23,968
.
2i
548
19,423
quotations—
68 13,910
12£c. in Boston and 12fc. here. Bales are quiet with small
Virginia
15!
81.607
sales
76 59,425
at 10c. currency.
2
12,313
913 104,258
Butts have been taken only to a moderate North’rn Ports
49
Tennessee, <fec
168 99,S43
extent and we heard of
121,201
41 45,036
1,300 bales in Boston at 3fc. currency and Foreign..
5,731
512
5,9:6
3£c. gold, and several hundred bales here at
3£(g3fc. The mar¬
ket is rather quiet but closeB
4,463 935,184
1,282 346,708
41 64,02!
steady with holders asking 3£@3£c. Total this year
165 122,505
here and 3f@3£c. in Boston.
Total last year.
5,c92 934,697
1,737 296,585
122 53,376
523 111,370
Liverpool, August 17—4:00 P. M.—By Cable prom Liver¬
Shipping News.—The
pool.—Estimated sales of the day were
exports of cotton from the United
8,000 bales, of which
States the past week, as per latest mail
1,000 bales were for export and speculation. Of
returns, have reached
to-day’s
sales
So far as the Southern
8,263 bales.
•5,500 bales were American. The weekly movement is
ports are concerned, thesa
given
as
are
the same exports reported
follows:
by telegraph, and published in
The Chronicle last
July
27.
Friday. With regard to New York, we
Aug.
3.
Aug. 10.
Aug.
17.
Shies of the week
bale?.
i?.
our
.
*
r
-
.
..
....
....
.....
...
■
51,000
Forwarded
titles American
of which exporters took
of which speculators took
Total stock
of which American
'Total import of the week
of which American
-Actual export
.Amount afloat
2:4,000
3,000
..
3h,UOO
32,000
3,000
3.000
24,000
22,000
37,000
4,000
6,000
2,000
877,000
553,000
3.000
4,000
1,000
945,000
614,000
937,000
613,000
39,000
593.000
wise stated.
are on
the basis of
Aug.-Sept, delivery, 6@6 l-32d.
..
.
Aug.-Sept. delivery, 6 l-16d.
Sept -Ocr. delivery, 6 3 32d.
6 3-32d.
sail,
Sept.-Get. delivery, 6 3-32d.
delivery, 6)»d.
-Nov.-Dee. shipm’t, new crop, sail,
Now -Dec.
Aag.-Sept. delivery, 6 l-32d.
'Sept.-Oct. delivery, 6 l-32d.
tOct-Nov. delivery, 6 1-16d.
Aug.-Sept. delivery, 6 l-32d.
Sep .-Oct. delivery, 6 l-32d.
*Oct. Nov. delivery. 6 1-I6d.
6 3-32d.
crop,
sail,
Tuesday.
Nov.-Dee. delivery, 6 l-32d.
Nov.-Dee. shipment, new crop,
sail,
6 l-32d,
Wednesday.
Feb.-Mar. delivery, 6 l-16d.
Oct.-Nov. shipm’t, new crop,
-Aug. delivery, 6 l-16d.
S8ept_-Ort. delivery, 6 l-16d.
OcL-Nov. delivery, 6 3-32@l-16d.
Aug.-Sept. delivery, good ordinary,
Steam.
d.
Friday.
shipment,
new crop,
-
•
*
Total.
1,124
6,479
1,458
• 999
43
*
....
43
283
....
Steam.
d.
^@9-32
U
3f@9-32
34
\@9-32
)£
3*@9-32
i4
Thursday.. 3tf@9-32 34
Friday...., ..(§> 34 9-32
Market quiet.
comp.
comp.
comp.
comp.
comp.
comp.
c.
34
34
34
>4
34
34
Sall.Steaca.
c.
comp.
comp.
comp.
comp.
—
comp.
—
comp.
—
—
—
—
Sail. Steam.
c.
9-16
9-16
9-16
9-16
c.
comp.
comp.
comp.
—
comp.
—
9-16 comp.
3£ comp.
—
—
—
—
c.
SaB.
c.
e,
34 comp. —@—
34 comp. —@—
X comp —@—
54 comp, ——
34 comp. —@—
comp. —@—
..
BREADSTUFF S.
a
Friday, P. M.. Aug. 17, 1877
further and material decline in flour the
past week, caused by increased supplies, and a pressure to sell at
the best prices to be obtained. But towards the close
there was
sail,
Aug. delivery, 6 l-32d.
| Oct.-Nov. delivery, 6 l-16d.
Aug.-Sept. delivery, 5 l-32d.
I Nov.-Dee. delivery, 6 l-16d.
3epL<®ct. delivery, 6 !-32d.
The Exports of Cotton from New
York, this week, show an
a
steadier
was
made
feeling on the part of holders and receivers. There
disposition to continue the sacrifices that have been
on^flour from new wheat. Besides, the lower prices led to
less
better demand for export, and the trade showed a
disposition to
supplies of flours of the better grades from old wheat*
which have become
telatively scarce. The
a
secure
increase, as compared with last week, the total
reaching 6,479
faleq, against 1,730 bales last week. Below we give
our usual large, and
Sail,
Saturday..
Monday....
Tuesday...
Wedn’day.
There has been
Nov.-Dee. celivery, 6 l-16d.
sept.-Oct. delivery, 6 l-32d.
Nov -Dec.
til-ttd.
•
Reval. celona.
Cotton freights the past week have been as follows
:
-Liverpool.—
,—Havre.—*
Bremen.—,,—Hamburg.—,
Aug.-Sept. delivery, 6 l-16d.
Thursday.
Aug.-Sept. delivery, 6 l-32d.
^clause, 6d.
*
sail,
6 l-16d.
Nov.-Dee. delivery, 6 1-16d.
SepL-Oct. delivery, 6 1-ltid.
form,
3,216
330
8,550
1,167
8,263
Below we give all news received to date of
disasters, &c., to
vessels carrying cotton from United States
ports :
July 21st. Two bales of cotton and other wreckage were passed
July 21st, in
lat. 40 N„ Ion. 54 W.
61—16d.
new
8.263
Total
sail.
Aug.-Sept. delivery, 6 1 16d.
Sept.-Oct. delivery, 6 l-16d.
Oct.-Nov. delivery, 6 3-32d.
Oct.-Nov. shipm’t, new crop,
sail,
Nov.-Dee. shipm’t,
our usual
3,550
....
Monday.
6>fcd.
‘Aug -Sept, delivery, 6 l-32@l-16@3-32d
^3ept-0cf. delivery, 6 3-32@>£d.
6 3 32d.
330
Savannah.
Jan.-Feb. shipment, ntw crop,
Wednesday
Bar-
•
<Oct Nov. delivery, 6 3-32d.
Oct-Nov. delivery.
Nov.-Dee. shipm’t, new crop,
shipments, arranged in
Liverpool. Havre.
Saturday.
Nov.-Dee. delieery, 6 3-32d.
....
....
The particulars of these
are as follows:
Uplands, Low Middling clause, unless other¬
Sept.-Oct. delivery, 6 l-32@i-16d.
Oet-Nov. delivery, 6 l-16d.
Nov.-Dee. shipment, new crop,
sail,
6 t-16d.
....
..
,.
These sales
....
Total bales.
New York—To Liverpool, per steamers
WyomiDg, 1,202
City of
Berlin, S52
Abyssinia, 21
1,475
To Havre, per steamer Canada, 330
380
To Reval, per steamer Hakon
Adelstein,
3,550
3,550
To B rcelona, per brir Salista, 1,124.:
1,124
New Orleans—To
Liverpool, per steamers Ariel. 357....Alice, 1,101..
1,458
Savannah -To Barcelona, per bark
Josefina, 43 Upland
43
Boston—To Liverpool, per steamer
Istrian, 283
283
Total
32,000
16,000
15,000
26,000
21,000
4,000
5,000
4,000
4,000
4,000
4,000
205,000
194,000
182,000
175,000
which American
40,000
31,000
28.000
24,000
’The Hollowing table will show the daily
closing prices of cotton for the week:
Sifd.
Satur.
Mon.
Tnes.
Wednes.
Thurs.
Fn.
Mid. Upl’ds
..@6 1-16 ..®6 1-16 ..@6 1-16 ..@,6 1-16 ..@6 1-16
Mid. Orl’ns
3-16 ..@6J4
..@63%
..<2,63tf
..@6#
..@6X
..
....
night of this week.
2,000
9H.OOO
....
Include the manifests of all vessels cleared
up to
58,000
400
....
an
production
flour in
export movement is necessary to provide an outlet
&
for the
surplus.
further declined,
To-day, the steadier tone was lost,
closing very unsettled.
Trade in wheat
on
the spot has been
comparatively slow, and>
supplies, present and prospective,
for future delivery was towards
lower prices, and a decline of about 5c. per bushel was sub¬
mitted to.
Latterly, however, there has been a steadier feeling
It is thought that the new crop will not be freely marketed at
current prices, and the demand from shippers is more urgent.
To-day, lots on the spot were dull and heavy, and futures lower >
No. 2 red winter, $1 37£@1 37f for August, and $1 29£@1 30 for
September, and No. 2 spring, $1 19 for September, closing with
The speculation
be effected.
bids still further reduced.
date.2,336,819
2,512.772
time 1875
2,988,217
time 1874
3,510,277
Jan. 1 to
time 1876
26,575,521
11.254,297
29,086,480
35,732,351
RECEIPTS OF FLOUR AND
WEEK ENDED AUG.
At—
New York
Boston
.
.
Portland
M antreal
.
Philadelphia
.
Baltimore
New Orleans
.
.
Barley,
Oats,
bush.
Kye
bush
42,777,:-82 12,816,4CO 1,242,775
926,7:9
<12,072,438 8,431,412 2,148,633 1,075,868
21,351,419 8,088,072 900,321 339,330
31,131,147 10,299,473 1,202,836
GRAIN AT SEABOARD PORTS FOR THE
11, 1877, AND FROM JAN. 1 TO AUG. 11 :
Corn,
Oats,
bush.
bush.
407,034
1,032,810
197,049
25,600
196,822
4,800
158,346
382,600
383,000
26,730
Flour,
Wnea%
bbls.
bnsD.
88,491
18,964
1,250
12,738
14,690
23,077
21.485
•
•
•
•
•
8C0
190,100
269,600
10,488
*
l,f00
1,374
Bariey,
bush.
•
•
400
.
20,113
6,500
1,500
42 600
27,000
35,444
59,260
•
.
«
.
....
35,223
22,475
.
.
7,070
.
...
Rye,
bush!
26,823
14,500
1,225
34,838
320,702
180,695
902,622 2,217,6(8
Total...*-...
44,250
242,974
423.027 1,7^5,100
U1,805
Previous week
662,404
10,400
898,381 1,482,850
166.632
Cor. week ’76
..3,886,520 7,504,481 50,253.565 10,039,423 2,069,953
Jan. 1 to date
Same time 1876.... .,5,443,144 27,000,153 52,6)8,348 14,859,645 a1,009,951
5,476,578 28,426,857 31,875,714 10,085,133 328,097
Same time 1875
752,773
Same time 1874.... .6,342,523 38,375,563 36,924,422 10,990,549
..
-
buth.
bash.
bHBb.
bbls.
Total
Same
Same
Same
Cora,
Wheat,
Flour,
and prices
prices have
given way rapidly for both spots and futures. The new crop of
winter wheat is very large, of excellent quality, and comes to
market rapidly under circumstances that require prompt sales to
under increased
[VOL. XXV.
CHRONICLE.
THE
168
755,548
852,290
168,601
647,841
..
.
Supplies have been large here
The Visible Supply op Grain, comprising the stocks in
and at the West, and crop accounts have improved. The export
demand has been checked by the scarcity and higher rates of granary at the principal points of accumulation at lake and
seaboard ports, and in transit on the Lakes, the New York canals
ocean freights.
White corn continues very scarce, though occa¬
and by rail, Aug. 11, 1877, was as follows:
sionally offered in small parcels. To-day, the market was dull,
Barley,
Oats,
Rye,
Cora,
Wheat,
bush.
bush.
bush.
buch.
bush.
and prices depressed by a further advance in ocean freights. Sales
18,212
518.551
4,493
4 0,757
193,349
In store at New York
for Aug. at 56c. for steamer, and 57c. for No. 2.
3,600
39,500
20,500
29,000
1,200
[n store at Albany
3,163
5,540
20,740
696,166
100,750
Rye opened about steady. A large line of No. 2 Western sold In store at Buffalo
70,743 140,760
287,943
131,055 1,535,190
tn store at Chicago
for Aug. at 70c., but the close was lower and unsettled—No. 1 In store at Milwaukee
14,536
65,832
20,741
14,207
47,597
In store at Duluth
Pennsylvania sold at 78c.
53,000
614,000
156,000
[u store at Toledo
46,583
7,784
51,871
Barley is, of course, entirely nominal.
Barley malt tends In store at Detroit
10,(00
Indian
corn
has also declined.
•
•
•
•
•
•
«
....
•
Canada peas are unsettled and nominal.
under free arrivals of the new crop. New
white Western have sold, for arrival, at 37@42c. A wide range
Instore at Oswego*
In store at St. Louis
In store at Boston..
In store at Toronto 4th
In store at Montreal, 1st..,...
prices prevails for the old crop, and much irregularity
ited in the sales made. To-day, the mirket was steady.
The following are the closing quotations:
In store at Philadelphia
In store at Peoria
In si ore at Indianapolis
In store at Kansas City
In store at Baltimore.....' ....
Rail shipments, week
Lake
do
1% weens
Afloat in New York canals ...
downward.
Oats have declined
of
is exhib¬
|
Grain.
Wbbl. $2 50® 3 25 | Wheat—No.3 spring,bueh $...,®
Superfine State & West[ No. 2 spring
1 35®
era
4 003 4 50 ]
1 50®
No. 1 spring
Floub.
No. 2
Extra State, Ac
Western Spring
5 00® 5 65
Wheat
extras
do XX and XXX
do winter X and XX..
do Minnesota patents..
|
1 S0@ 1 4G
1*40® 1 43
Red Winter
Amber do
1 40® 1 50
53® 59
59®
61
5 40® 6 fO
White
6 25® 8 00, Corn-West'n mixed, new
5 *5® 7 75 1
Yellow Western,
6 50® 8 75
|
62®
67®
Southern, yellow
City shipping extras
5 00® 7 CO i Rye
City trade and family
| Oats—Mixed
brands
7 40® 7 75 |
White
Southern bakers’and fai Barley—Canada West
I 45
25».
•
30®
®
63
82
43
Aug. 4, 1877
July 28,1877
Aug. 12. 1876
50,000
293,418
99,167
3,009
176,155
140,000
44,707
97,537
16,150
21,265
•
•
•
•
17,552
59,3)9
183.465
492.776
216,717
6fi4,616
3,73*,017
2,130,618
63,858
82,351
210,346
15,273
4,620
....
•
•
•
....
•
....
....
48
•
•
88
•
.
•
•
•
•
•
•
•••
351
...
.
2,310
19,713
30,423
•
20,465
.
....
,
•
•
1,094
....
.
•
5,939
12,146
2,671
12,290
5,946
59,344
94,152
10,421
181,767
280,658
1,024
62,653
•
•
•
55,308151,467
....
1,629,385
233,418 453,220
1,531,839
1,812,092
268,626
843,243
195,745
2,419,708
529,454
355,003
320,228
Estimated.
52
.
6 75® 8 00 I State, 2-rowed
mily brands.
....®
® ...
SouthernBhipp’gextras.. 5 75® 6 50 j State, 4-rowed .
Rye flour, superfine
4 25® 5 00 i Barley Malt—State . ...
87® 1 CO
Canadian
Oornmeal—Western, Ac. 3 00® 3 25 |
1 00® ! 25
Corn meal—Br’wine. Ac. 3 40® 3 45 i Peas—Canada.bondAfree
83® 1 10
The movement in breadstuffa at this market has been aa fol-
55,231
50,0(0
2,296,861 10,.•152,283
2,0 0.262 9,626,216
1,975,455 9,439,891
7,583,32a 6,626,044
Total
♦
115,OuU
114,674
9,101
66,498
•
•
•
....
•
the dry qoods
trade.
Friday. P. M., Aug.
17, 1877.
the
commission houses, and there was a slight improvement in the
jobbing branches of the trade, owing to the arrival of a good
lews :
EXPORTS PROM NEW YORK.
RECEIPTS AT NEW YORK.
many retailers from the interior.
The print market has become
1877.
Same
1877.
1876.
For the
Since
time For the
Since
For the Since
more settled, and values of staple cotton and woolen goods were
week.
Jan. 1.
week.
1876.
Jan. 1.
week. Jan.l.
Flour, bbls.. 95,046 1,654,141 2,276,722
17,481
689,883
47,525 1,194,320 steadily maintained, with the exception of print cloths, which
C. meal,44
3,115
5,425
14.3,069
143,562
119.339
2,626
108,476
Wheat,bus. 421,782 3,535,7-6 17,413,779 120,190 5,028,997 574,926 17,771,548 were dull and depressed in view of a large stock on hand and a
Corn,
“ .1,027,873 17,401,372 13,544.482 783,979 14,625,258 35?,466 10,119,023
Rye,
44
24,078
471,456
685,202 80,974
866,034 29,786 655,453 very limited demand on the part of printers, many of whom are
Barley. “
...
' 8,000
61,478 2,186,195 2.337,877 29,014
748,784
189,534 5,479,650 7,198,17 9
Oats....44
511
98,633
6,224 360,87ti about curtailing production because of the low prices obtainableThe following tables ahow the Grain in sight and the move¬
for printed calicoes.
There was a very fair movement in such
ment of Breadstuffa to the latest mail dates:
domestic productions as worsted dress goods, ginghams, skirts
RECEIPTS AT LAKE AND RIVER PORTS FOR THE WEEK ENDING
and hosiery, and a moderate business was accomplished in woolen
AUGUST 11, 1877, AND FROM JAN. 1 TO AUGUST 11.
shawls, full lines of which were opened by the leading agent*
Flour, Wheat,
Corn,
Oats, Barley,
Rye,
bbls.
bush.
bush.
Shirts and drawers were less active, owing tobush.
bush.
bush. during the week.
At(196 lbs.) (60 lbs.) (56 lbs.) (32 lbs.) (48 lbs.) (56 lbs). an announcement that 20,000 dozens of these goods will be
119,547 2,343.911
827,415
Chicago...—
31,651
22,196 142,785
24,201
26.440
Milwaukee
62,323
35,860
1,990
3,234 peremptorily sold at auction next week. For foreign goods the
Toledo
2,280
315.043
27,353
327,535
1,850 demand was less spirited than expected, and velvets, ribbons,
3,296
1C6,684
20,700
43
Detroit
20,497
14,650
700 &c. realized low prices when presented in the auction rooms.
Cleveland.1,588
30,400
11,550
St. Louis
32,209 289,423
322,388
44,900
2,250
6,386
Domestic Cotton Goods.—The exports of cotton goods from
Peoria...
865
215,470
81,200
1,800
13,22»
750
this port for the week ending August 14 were meagre and unim¬
95,975
924,290 3,267,994
551,875
28,279 168,175
Total..
240,985
Previous week
81,851
795,133 2,410,945
20,720 124.0i6 portant, footing up only 340 packages, which were shipped as fol¬
Corresp’ngweek,’76.
91,681
805,114 2,487,363
382,758 17,312 77,103 lows : Hayti, 83 packages; Great Britain, 56;Britieh North Ameri¬
n
’75..
82,414 1,193,728 1,068,133
547,388
41,326
7?,S79
Total Jan. 1 to date..2,421,653 12,010,943 48,376,534 11.438,727 2,768,181 1,232.148 can Colonies, 56 ; British West Indies, 50 ; Hamburg, 20; British
Same time 1876
3,113,197 27,951.092 46,661,( 67 14,511,432 3,011,673 1,111,293
; Danish West Indies, 17 ; Venezuela, 14, &c. Brown
Same time 1875
2,793,478 32,899,625 29,819,584 11,382.283 1,601,911 1,614,503 Honduras, 18
Bametime 1874
3,721,943 45,763,694 41,182,333 W>,479,633 2,316,210 352,640 sheetings and drills were in fair demand at unchanged prices,
Total Aug. 1 todate.. 187,826 1,719,423 5.678,939
792,560
48,939 292,221 and there was a light hand to mouth movement in bleached
Same time 1375-6..
41,234 113,877
177,429 1,50",9r6 4 257,319
704,724
Same time 1874-5.... 160,593 2,518,387 2,113,065
7*0,914
56,656 103.474 shirtings.. Cotton flannels were rather more active at opening
Same time 1873-4.... 182,112 2,600,441 2,791,617 1,902,378
96,067
96,645
prices. Cheviots were taken to a very fair aggregate amount,
SHIPMENT8 OF FLOUR AND GRAIN FROM WESTERN LAKE AND
and there was a good movement in dyed ducks, leading makes of
RIVER PORTS FOR THE WEEK ENDED AUGUST 11, 1877,
which are closely sold up to receipts. Denims were rather quiet,
AND FROM JAN. 1 TO AUGUST 11 :
and tickings, checks and stripes moved slowly. Grain bags con¬
Corn,
Oats, Barley,
Flour,
Wh^at,
Rye,
bbls.
bush.
bush.
bush.
bush. * hush.
tinued in good request, and, being in light supply, prices were
AUTUst 11, 1877
627,683 3,217,703
243.982
21,9*3 173,754
113,754
78,892
An?. 4, 1877
578,307 2,122,344
J8i;329 22,448 80,283 firmly maintained. Corset jeans were taken in increased quanti¬
Business has been
moderately active the past week with
*
,
*
.
.
.
.
.
....
....
-
.
Cor.
Cor.
Cor.
Cor.
Cor.
week ’7*
week ’75
week’74
week’73
week’72
104,830
89.886
75,2 -2
114,673
79,890
766,311 2,"21.833
1,472.882 1,419,843'
1,386,016 1,271,750
708,598 2,591,094
225,485
190,405
671,177
438,246
2,173,341
509,084
735,852
-
8,021
18,553
15,472
4,644
27,328
23,129
23,901
3,185
26 670
6,18)
steady.
Cotton warps, yarns, twines and
severally in light request. Print cloths continued
quiet and nominal at 4c. cash for extra 64x64s, 3£c.
ties and remained
batts
were
cash for
THE OHRONIOIiE
18, 1877.]
August
Standards and 3$c. for 56x60s.
Prints
were
demand,
as were new
in very
were
styles of cotton dress goods.
Domestic Woolen Goods.—There has been
fair demand for
a
i
?
l
for
the last week, and also the totals
since Jan. 1, 1877
and 1876.
The last two lines show total
values,
including the
value of all other articles besides
those mentioned in the table.
-.o ■» TO
i
D
cloths and satin de chenes.
t
Minnfacturesof wool..., 1,508
do
cotton., 1,177
do
do
silk
flax
Miscellaneous dry goods'
Total.
*
value
Pkgs.
}701,449
884
607
646
532
748
873,884
742
749
632,722
663
204,315
155,621
4,639 $2,067,991
—•
© 0O t-
90
»j-T
xm
—»
a*
c
do
M scellaneous
flax.....
dry goods.
,
203.0.46
480,439
149,752
136,264
ifl®Ni0033i
to 3*
Ex
do
do
do *
cotton..
silk
flax
384
121
616
123
$375,545
123,951
131,479
204,602
-21,811
392
230
416
384
J7C6.993
2.070
2,067,991
8,507
H scellaneous dry goods.
735
$310,639
408
123
119,030
150,463
102.413
1877
933
710
659
401
468
56
Total
1,79)
Add ent’d for cousumpt'E 4,839
-
908
81
$701,041
2,067,991
Total entered at the port. 6,629 ; $2,769,032
2,341
3,507
5,848
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1,387,289
L984
3.831
$712,951
1,493,479
27,637
5,815 $2,203,430
S
685
$283,591
56,521
165,338
10;,184
34,602
303
184
543
181
97,684
1,898
3,831
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5,727 $2,203,425
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1,493,179
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$709,946
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165,769
100.729
5.517 $2,201,658
18,416
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$250,408
134,408
94,860
132
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420
204
441
191
107.508
976
192
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xx
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3,831 $1,493,479
848
*o>
ooo
BNTBBBD FOB WAREHOUSING DURING
8AMB PERIOD.
Mmafacturesof wool....
rti
16,
*
$313,754
Total thrown upon m’kU. 6,826 $2,774,934
in
to
Pkers. Value.
1,126
$486,949
1412.743
738
Total
1,987
A Id ent’d for couaumpt’n
4,8 39
ca
CJOI.O O0 tO TO ♦- OOxX TO
xT - -nT tX on
t»
t-
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Value.
3,507 $1,387,289
114,099
11 ^
c- 50
WITHDRAWN FROM WARBHOUSB AND THROWN INTO THB
MARKBT DURING THB
8AMB PBRIOD.
Manufactures of wool....
do
cotton..
do
silk
gfa TO xx irt m
■<
•
1876
,
TO gp
®
TO OO 90 JO gp
xx
o 98
:
1875
'-c -.;--t-".Jr0.0,®,
o-
B--
7*
BNTBBBD FOR CONSUMPTION FOB THE
WBBK ENDING AUG.
-
v
' 0* 35 35> O JO TO t.-
8
£
«o
The importations of
dry goods at this port for the week ending
Aug. 16, 1877, and for the corresponding weeks of 1876 and
follows
-?r;
c?
>,
3*S»
£
Importation* of Dry Goods.
as
Q'
^
Hosiery and
in rather better request.
1875, have been
^
x fT
* - ?*
as
rj> «f5 tt O JO O
.
.5
quotations.
Foreign Dry Goods.—The demand for
imported goods was
less spirited than was generally expected, and transactions were
only moderate in the aggregate. Dress goods moved slowly and
silks were in comparatively light demand.
Linen goods were in
steady request and firm, the supply being comparatively small, in
consequence of the decrease in consignments from abroad. Ham¬
burg embroideries were in good demand at first hands, and were
freely sold at auction. Ribbons and millinery silks and velvets
found ready buyers in the auction
rooms, but prices ruled low.
Cotton velvets and velveteens were in
improved request. Men’s*
wear woolens dragged
heavily, and there was a less active
were
.
328rif£5JD2H:;*7S®n2tr23!3!*'”’i'J'3;®s'*;w',?*c?xx---''^TO^ic©a6o6',97'srja0;©
in moderate request, and there was a fair
demand for repellents.
Flannels and blankets were distributed
to a considerable aggregate, and ruled firm at current
gloves
S£«
OC
8S
were
demand for Italian
Article* from flow York.
lhe
following table, compiled from Custom House
good shows the exports of
returns,
leading articles from the port of New York
to all the
principal foreign countries, since Jan. 1, 1877, the
totals
leading makes of men’s wear woolens at first hands, and sales,
though individually small, were collectively important. Fine
grades of plain and fancy woolens were taken'more freely by
local and interior jobbers, and in some cases liberaf re orders
were received from clothiers for low priced
goods. Prices of
desirable styles of woolen goods are steadily maintained
by
agents, and stocks generally are in good shape. Overcoatings
ruled quiet, but feltings were in steady request. Cassimeres
were in irregular demand, fine grades
having been fairly active,
while low and medium qualities dragged a little.
Cloths and
doeskins moved slowly, but worsted coatings
and cotton warp
worsteds continued in good demand, and agents are still behind
in their deliveries of several leading makes.
Kentucky jeans
and satinets
**Po«*** ol
distributed in large
quantities by agents and jobbers, and ginghams
169
:§
:
•
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:
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o
......
®
ll'w
Receipts or JDomestlc Produce.
The receipts of domestic produce since
January
the same time in 1876, have been as follows :
Since
•Jan. 1,’77
Ashes
pkg:s.
Rreadstuffs—
Flour
Wheat
•
Corn
Oats
bbla.
bush.
“
“
.....
Rye
“
Barley & malt “
Grass seed...bags
Beans
bbls.
Peas
bush.
Corn meal. .bbls.
Cotton
bales.
Hemp
“
Hides
No.
Hops
bales.
Leather
Molasses
Molasses
sides.
hhd-*.
.bbls.
Naval Stores—
Crude turp..bbls.
Spirits turn “
Rosin
“
Tar
...
“
4,712
3,832 1
Pitch
Oil cake....
•pkgs.
27.401,372 13,541.482 Provisions—
5,479,650 7,198,179
Butter.... pkgs.
471,453
655.202
Cheese....
«*
68,818
60,331
809,036
118 339
473,055
1,907
Cutmeats
It
Eggs
14
44
Pork
Beef
Lard
Lard
Rice
44
44
2,304,318 2,433,862 Starch
35,888
39,675 Stearine
2,597,778 2,642.680 Sugar
......
363
67,971
31
40,145
Sugar
Tallow
2,361
45,106
231,735
215.414
10.3 <0
15,318
Whiskey
...
710,187
692,879
558,981
315,503
’O*
«
12 1.952
25,309
236,683
399.739
112.901
63,603
229.481
10,998
25,088
225.365
16,170
711
178
.pkgs.
8,784
36,874
.bbls.
62,124
97,049
67.818
59.167
—3
. —x
•
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-
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.
**000
xx
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. QO O*
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90
o
c
50
•o2?ON
c5
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-
—
cn
—
•
-
'
£
♦»
-30
128,139
61,914
82,780
46,671
35,5^3
103
*
<?•
*
IcO
1-
15
.
•
•
•
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.
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2
TOO
Irx
£3t-
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ooo
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• <-s
jjftflS .3
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S^
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50^
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55 2®
40
*
.
,lo2?2I*iOOQOaO
*
.
I
in
o»^»
t-'ao
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isrj
S
m
100
r”8
co
o
mtrt
©
228
Nh*
♦-•nf.ro-3
igS-jSSS
O* 00
o
too
_
321,778
12,616
42,826
12 (,596
Wool
bales.
Dressed hogs.. No.
«ao *o
*^'39“
—
5
CQ
O
(2448
5,585
1,225,030 1,103,606
25,680
iT
Tobacco.
Tobacco.... .hhds
.-.c-n
.
el^o
^21.
* TO
290,973
42,439
21,571
222,625
12,026
..bbls.
.hhds.
a o.
«*x^ *
® H
’!S?fl35TO2
.IX —N
x xX
2,819
7^,268
Pk|8.
...
2,23
17,360
2,630!
179.210
12,174
.kegs.
4t
•
•
8
Since
Same
Jan. l,’77 time 1876
1,654,147 2,276,722 Oil, lard... ..bbls.
3,535,726 17,413,779 Peanuts
.bags.
75,860
46,109
182,617
14 2,562
376,322
4,373
V,
1, 1877, and for
a
H
Same
time 1876
2,183,195 2,337,877
•tt
COrrT
*-•
-
”22
O*
.®otox»to®to
xrxxxrtq—x-jS esj»
‘ CX
©CO
001>
2^2
.C*?f»o5®2o
.
tO
c
•ooaf
p
TO^
O
xx® £0*
Ji T
cx
.
1a
<
> -vs
t- CO
xx
,
XJ>
WO T. QO O
.
CO *0 OO -X 05
00
90 xx
.
.
TO xx
O*
xx
CO
PQ
<.
15^555^0.^2 o-JS
*
•
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...
.
•
•
.
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.
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•
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.
.
•
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THE CHRONICLE
170
HAYNorth River shlDP’us
PRICKS CURRENT
B READS TUFFB— 8ee
M
Croton
Philadelphia
Dement—Roseudaie
V bbl.
2
8
23
l
bbl.
Ume— Rockland, common.... V
Rockland. finishing.
45 00
18 90
25
3i 00
3' OJ
70 00
22
to cx.dry.V M it.
Pine, zlilopLig box
Lumber— Pine.g’d
.to g’u.eath.
V M. it.
do tally boards, com
Oak
Ash, goo 1
...
r
Black walnut
Spruce boards A planks,
Hemlock boards, each
tach
16
30 00
V M. it.
Kails—:0@60d.ecm,f6n.& sh.V keg
Maple
4 25
Clinch, lx to 3 in.& longer
Bdflne...
Cut spikes,
all sizes
taints—Ld.,wh.Atii,pure, In oil V ft
Lead.wn., Amer.,pure dry
Sine, wh.,Araer. dry. No. 1
Einc.wh., Amer.,No.l,ln oil
Paris white. E:;*., gold... V IPO ft.
COFFEERlo. ord.
do fair,
10
7X
gold.
gold.
gold.
gold.
good,
prime,
Java, mats
do
do
do
gold*
Native Ceylon...
gold.
Mexican
Jamaica
Maracaibo
22
15
19
20
20X0
20
21
24
9
S
27
18X0
21
13
2 »
20 X
21
17
20
ft.
*ft..cur.
“
refined
Castor oil, E.I. In bond. Veal..gold.
Caustic soda
V 100 ft •*
Chlorate potash
¥<ft “
Cochineal,Honduras, silver...
“
Cochineal, Mexican
“
Cream tartar, prime Am. A Fr.
“
Cubebs, East India
cur.
Glycerine, American pure
Jalap
Licorice paste, Calabria
Licorice paste,Sicily
Licorice paste, Spanish, solid..
Madder, Dutch
Madder(French, E.X.F.F
Bfutgalls.blue Aleppo
Oil vitriol (66
Opium, Turkey
“
“
*
“
.gold
“
cur.
“
Brimstone)
....(in bond), gold.
potash,yellow. Am..cur.
gold.
Quicksilver
21
....o
SO
@
23
...@
10
13X3
isx
Rhubarb, China,good to pr.... **
Sal soda, Newcastle. V lob ft, gold
Shell Lac, 2d * 1st English. V ft .cur.
V u»0 ». gold
Soda ash
Sugar of lead, white, prime, Vftcur.
Vlt/lol. blue.common
“
FISH—
per
Ralalas.Seeaiess
do
Layer, new
’8
26
2
Figs,layer
4 !2X
uxs
13X
4 oo
,
1
22
30
,
2*
2,X®
1 40
L 27 00
9
30 &
85 &
4 20 9
1 35
10 <a
62 9
es
....©
27 <2
32'
3
per lb.
21
24
40
25
26
&
9
9
9
&
0
*X0
5
@
0
@
3 8TSa
Apples, Southern,
V a
sliced
do
quarters
State, slice!
do quarters
Teaches, pared, Ga. prime
do
do
do
do
Vft
......
& choice
unpared, halves and qrs,....
Blackberries.....
Cherries..
pinms. State
Whortleberries
...
37X0
6"»
............
„
46
43
4J
....
....
....
35
4‘2X
9 18 00
@ 1710
16 00 @ 17 00
24 10 @ 26 5J
store
Pt'icex,
U0 @132 50
5-100
5 @
5
2 8 Id
1('X@
11
4
3>i@
00 @ .'8 ('0
0 47 0J
00
lbs, gold 6 62X0
cur. 5 00
¥* ft.
c.)
0
....(a
@
,
“
LEATHKRHemlock. Buen, A’res, h..m.& I.^ft.
California, h., in. & 1
“
common aide, h., m. & 1
’*
rough
Slaughter crop
Oak, rough
Texas, crop....
6 75
5 12X
7X
9
22
25
@
22 @
21X3
26 @
23x
24
29
31 0
27
32
Si
32
0
30 0
lx
5X
60
@
...,@
“
“
“
“
Demerara
Porto Rico
N. O., com. to
prime
1 25*'
1 30
25
1 S5
19
8X
9
9
9
9
“
“
44 0
8
...
19
®
0
9
@
12*3
12X0
5
5
6
6
10
5
11
14
8
0
9
3
9
9
9
9
fix
16k
*»
“
12X4
34 X®
1 R0
0
2 10 @
2 00 0
2 6iXd
4 50 @
Almonds, Jordan shelled
$ lb.
Sicily
Naples
Clty, thin
oblong,bags, ifolri. $ ton.
1«*X
12x
13
6
5X
6 V.
6*
‘f-
9
7
23
9
14X
9
16
9
10
53
Western, thin
•*
”
“
Irish...
Domestic liquors—Cash.
Alcohol (90 per ct)
Whiskey
2 25
34 X
1 92 X
<v
37X
4 0)
5 00
oblong (Dorn.) cur “
....©
4*©
10 @
40
5
11
12
5
@
12X
@
12
8X3
35 00
iox
35 5d
V gal.
Linseed, casks and bbls
Menhaden, crude Sound
....
1 to extra
Whale,bleached winter......
Whale, crude Northern
Neatsioot, N o.
Sperm, crude
Sperm, bleached winter
Lard oil, Nbe. 1 and 2
PETROLEUM—
Crude, in bulk
....@
10)0
57 0
*•
“
*•
“
34
70
67
53
1 15
0
@
@
0
@
.0
53 @
“
“
“
“
...
“
V gnl.
....0
Cases
*T
Refined, standard white
Naphtha, City, bbls
“
17X0
14X0
“
....0
4TX
1 15
58
3S
1 10
go’
1*45
64
7*
21
English,cast,2d«!fcl8tquality Vftgold
English,spring,2d & istquallty.. “
Istquallty.. “
English blister,2d &
English machinery
“
•English German,2d & 1st quality “
American blister
cur.
American cast, Tool
American casispring
American machinery
American German soring
SUGARD ferior to common
....
Good refining....
Prime..
Porto Ilico. refin .
fair to prime
aytd, Nos. 10@12
ntrifugal, Nos. 7@13
Patna
....
SALTTurk’a isla
Bt. Martin.
.V bush.
.V sack.
SEED8Clover, western...
.....
Clover, New York State.
Canary, Smyrna
canary, Si- ily
Canary, Du ch
Hemp, loreig 1
.
15 00
20 00
isy
6*80
10
.
SX0
8X0
8*0
8X0
8*®
8X£
9X0
D.fined—Hard, crushed
“
“
VxtraC
Y’ellow C.
Other Yellow
Molasses sugars
;
TALLOW—
Prime city,
] 0
....0
....0
1 15 @
14
Flaxseed, \merican, rough
Liuteed, Calcu la
56 ft., vml •.
Linseed, Bombay
^ 56 ft., gold.
6X
30
85
2 50
14X
14X@
•
@
..®
...
■
@
WS
11*0
I13S
1t‘X
W3***
iu*a
“
“
9*0
9X0
8*0
8X0
7X0
10
V ft.
“
Western
I*
9*
..IJ3
“
”
“
**
’*
O
9M
11
“
**
off A
do
WThite extra C
8*
0
9
8
**
cut loaf
W
7X0
“
“
.0
S.K
8 3^ 16 (a
....0
TIN—
gold. 7R ft
“
Banca
Straits
....
Vbxg d,
do
Extra fine to finest
do
Choicest..;
do
Young
(1
Super.to flue
Ex.flneto finest.........
d
do
Choicest
Qunpowder,com to fair
do
Sup.to fine
Ex. fine to finest...
do
do
s
Choicest
Imperial.Coin. to fair
■
Sun.to fine
Extraflne tofinest
ho
do
Pyson
....
Sup.to fine
do
do
do
do
0
6 75 0
6 12X0
42
16
8up’rtoflne
Ex.fine tofinest
TOBACOOKentucky lugs, heavy
“
leaf,
•*
Seed leaf—New Eng.wrappers^i-’IS
“
do
fillers,
.
assorted lots, ’74-*75
assorted
Havana, com. to
fine
50
3F
20
0
ominaJ.
ST
4f>
@
5£
0
2ft
A
<D
%
5&0
N
19
80
43
Ex
Oolong, Common to talr#«««
do
Superior to fine
do
Ex fine to finest
do
Choicest..
Souc. A Cong., Com. to fair
do
Sup’rto fine..........
do
Ex.flneto finest
Pa.
0
0
19^
flnecoflnc8t
Uncolored Japan,Com. to lair
ao
7 K)
25T
20 0
J5
28 0
45
33 <a
Nominal
24
19 0
35
2S 0
SB
45
0
it'
15 0
SI
22 ©
<3
S5 0
6D
518 0
65‘ 0
36.
21 0
35
39 0
fair.
Skin.* Twan..com. to
0
15X3
“
English .refined...,^.
coke
Plates.char.terne
Plates. I.C.,
20
Sft
45
65
13
3U
45
@
@
0
0
22
m
ft
14.
5
12
90
75
@
@
«
(0
^
iax©
Manufac’d.in bond, black work
“
bright work
Vft
XX
15
iO
■
S3
2)
1 15
21
21
9
44
41
36
@
@
@
@
"3*
50
0
0
0
0
@
0
0
@
0
rj
ST.
ro
American,Combing
Extra,Pulled
No.I, Pulled
California. Spring ClipSuperior,
36
25
28
unwashed
2 00 @
....@
®
2 05 @
..
....@
15
i 85
2 00
2 50
i*ro
1 ’0
2 10
21
13
13
28
30
25
24-
-c
Fa r
Inferior
7X
1 65
ft
16
ft
Maniln, sup. and ex. sup
Batavia, Nos l' @12 ...‘
Brazil. Nos 9@ll
American,-Nos. I & 2
7
V ousb.
....0
....0
...0
9
6
WOOL—
American
6*^
...V ft.
10X
hx
“
do
14
0
13 60
6* <3
....0
Rangoon..
9
“
Coffee, A. standard
«*
6X0
9X0
10x0
Ce
Mel ado
Hard,powdered
do
gianulatei
2 IE
Store Dries*.
it
!4X»
“
“
“
;
.
....V ft.
11
“
PROVISIONS—
Pork, mess
V bbl. 13 49
“
Pork, extra prime
Pork, prime mess, West.... ... “
3cei, plain mess
“
Beef, extra mess
“
IS 1)0
Beef h&ms.Wes^.sum.&wint.c’d “
3
Bacon, City long clear
* ft
HamB.smoked
“
13X
Lard. City steam,
“
....
RICE—
(9
reflni g....f) “ft.
Boxes, c
Yara,
8X
39
1
STEKL-
do
Cotton seed, crude
Olive, in casks V gall
UT
....0
V gall.
Hyson
OILS—
8X
5X
48
46
60
NUTS-
21
10
7 50
....
a
0
8 25
V galSpirits turpentine
Rosin, strained to good strd .V bbl.
“
low No. 1 to good No. 1
“
low No. 2 to good No. 2
low pale to extra pale..
window glass
“
Brazil
Fib ert",
Walnuts,
Pecan
* gal!.
**
**
TEA—
..V bbl. 3 25
.
...0
....(9
....
35
0
@
0
0
43
S3
4'»
OIL CAKK-
59.S3
1 30
* gal
grades.
OAKUM—Navy,U.S. Navy & best *ft.
0
8
grocery
23
22
4 25
50
1 25
21
1 SO
Mu8.,refln.gr’d.«,50te8t.
28"
4 OJ
24
A
Raspberries
7
“
22
25
24
i 00
£X®
5
Sardines, V hi. box,
Sardines, * ar oox
Macaroni, Italian
Domestic Dried—
Gin
12
6
4
@
@
0
go fer
3 75 0 17 »
4 10
3 W- >
@
4 at
3 50 0
h »
3 00
fft.
3 61'© 4fi)
3 60 @ 3 3D
8PrKITS-
UX
5 @
4 @
2 @
0
80
85
12
14X0
11
40 ^
44 @
4* @
30 @
42 @
“
6*
20
1 75
16XA
7*0
V case.
Pimento, Jamaica...
Cloves
stems
do
'Whiskey, Scot h
Bar,Swedes,ordinary sizes.. V ton. 130
Scroll
fMb. 2
Hoop, XX.No.22 to 1&’.XX.13&!4 “
gold $1 ft
Sheet, Russia
Sheet, single, double & treble, com.
Rails, Ainer., at Works..ton, cur. S3
45
Steel rails
p.
7
6X0
Calcutta
do
Mace
Brandy, foreign brands
Rum—Jam.,4tb proof
St. Croix, 3d proof
Pig,American, No.l....i....V ton
10
Cassia, China Liguea
do
Batavia
do
X3
23
21X@
21X0
15
13
0
sar
* liX
22X0
12X0
@
Bar (discount.
Sheet
*’
do
8.XJ
....@
Singapore
white
12
45 @
Ordinary foreign...... V 100
Domestic
.V ft,gold
Batavia
do
@
42 @
Pig,American,No.2
Pig, American, Forge
SPICES—
Pepper,
@
....
5
cur.
@
10
14
•
’
!00 ft.gold.
Nutmegs,Bataviaand Penang
9
11
10X0
Pitch, cltv
9
None.
Ginger, African
11
18
14
12
9
0
@
11X0
8X3
eased, strip
NAVAL STORESTar, Washington
Tar, Wilmington
....
14
...
Canton Ginger
9
13
17
13
V ft.
Carthagena, oressei
Nicaregua, hheet
Nicaragua, scrap
Mexican, sh-et
Honduras, sheet
do
Barbadoes
0
@
Q
a
501b.frail 315
do
Loose Muscatel, new
do
Sultana, new
do
Valencia, new
Currants, new
Citron, Leghorn
Prunes, Turkish (new)
do
French
Dates.
p
do
FLAT—
V ft
19
17
0
16X
gt-ld
do...
do.... gold.
do....
do....
Cuba,clayed
Mackerel,No.2 Mass.shore (new). 13 50 @ 15 00
Mackerel, No. 2, Bay
None.
PROTT—
.0
HOPS-
Cuba,
George’s (new)& Gr’d Bk.cod.qtl. 4 50 @ ?■ oo
Mackerel, No. 1, Vf. shore
pr.bbl. 19 00 0 21 oo
Mackerel, No. 1, Bay
None.
North River, prime
...
“
2X3
1 40
cur.
G.nseng
20X
@
8’V3
6*3
JXS
gold.
Citch
Gambler
18
16
MOLASSES—
“
“
Bicarb.soda,Newcastle.V 100ft “
Blehro. potash....
Vft cur.
Bleaching powder
V K0 ft. **
Brimstone,crude, per ton
gold.
Prussiate
@
...
COTTON—See special report.
DRUGS * DYKSV ft cur.
Alam, lump. Am
AXgols, crude
gold.
Ani. roll
“
**
..
21X
21X
LEAD—
22
<4.
13
Sheathing, new (over 12 oz;
Braziers’(over 16 oz.)
American Ingot, Lake
Camphor
17X
19*
“
“
*•
“
Savanilla
Gotta Rica
Brimstone,
21
Pig, Scotch
16X0
18XO
Arsenic, powdered
20X0
20X0
IKON-*
19 0
19 V J
19
Ajrgols.reflned
2-X
E8maralda, pr.ibsed, strip
••
“
Laguayra
v
20
California,
Texas,
do.... cur.
A. /.stock—Cal. kips.alaught. gold
Calcutta kips, dead green
Calcutta, buffalo
Guayaquil,
L. & W.
16*3
St. Domingo
Bolts
“
”
**
INDIA RUBBER—
Para, coarse to fine
9*
9
13X3
COPPEK-
do....
do....
do
do....
do....
Crop of 1^76
Crop of 1875...,
O.ds, all g-owths
1 85
@
P. & K.
car.60and9Gdays.gld.Vft
do
do
do....
Grande,
Para,
(No deflalt<J PrIces for August.)
Kgg^’
Klo
Savanilla,
WetSalted—Buen. Ay,
Bt’mb.
Stove...
Ch’nut..
23 X
23
9
None.
@ S J5
5 dO
Foreign
22X3
Maracaibo,
“
Bahia,
“
Dry
\ry Salted— Maracaibo^electqd “
do....
cur
Matamoras
10 000 11 00
13 004 14 00
D &H.
do....
Matamoras.
9
7X4
Liverpool gar cannel
Liverpool house cannel
D.L.&W.
Corrientes,
Orinoco,
California,
9
6
COAL—
Penn.
do....
Montevideo,,
lox
@
@
22
Ayres.selected. Vft/old
Dry—Buenos
•
3 31
Nooes.
Domestic, common
Panama strip
CHKE8K—
State factory, fair to choice
Vft
Western factory, good to prime.. “
Akthbacite—
•
•
13 9
12 0
13 @
13
“
“
H’i flrk.,tuDs,state,f’r to prime
Welsh tubs. State, com. to p’me
•
•
«X0
37x@
s
SPELTER—
C
4X'd
lb.
per 100
Re-reeled Tsatlees
Re-reeled Cotngoun
HIDES—
95CO
8X2
6X0
i so
BUTTER— New—(Wholesale Prices)—
Dairies, pails, g’d to p’ine State V n>.
West’n fast’y, tubs, g’d to ch’ee “
•
•
Jute
V ft
gold
**
SILK-.
Usual reel Tsatless
Usual reel Tavsaams
8
6
7*@
“
“
“
tflb
Manila
Sisal
9 6 00
9 10 00
9 27 00
0
0
0 1 15
0 70 00
0 22 00
33
@
@ 40 00
@ 33 00
@ 75 00
28
0
18
®
@ 35 00
9 2 75
9 5 23
9 5 CO
0 3 00
70
9
gold.215 90 @210 (X)
“ 270 00 @275 00
Russia,clean;
Italian
50
u0
00
20
80
60
....V ton. 175 00 02 5 00
130 00 @135 00
American undressed
special report.
BUILDING MATERIALS—
Bricks—Common hard,afloat.. V
V 10U ft
HEMP ANDJU1EAmerican dressed
4X0
* n>.
Pot, first sort.
SALTPETRE—.
Refined,pure
Crude
Nitrate soda
GUNNIES.—See report under Cotton.
UUNBHAL
A’BBR-
[Vol. XXV.
Burry
South Am.Merinc, unwashed
Cane Good Hod*1, unwashed..
Texas, fine. Eastern
Texas, medium. Eastern
Smyrno.unwashed
ZINC—
Sheet,
do
Foreign
Dom.stic
V ft.
-f* bb».
.Vton.
Com.b’lk* bgs. V bu.
bags..
S
a*
d.
2 9
20 0
8
c
7.X
a
d.
*.
@
.
V4.55 0
4-..
;
8
•
3ft
2\
17
96
34
S»
2Z
16
VJi
SAIL.— —'
ptkam.—
8.
45
7*a
eur.
—
To Livkbpool:
Wheat, bulk &
17
gold.
V ft,gold, net
FRE1GHTSCotton
Flour
Heavy voods.
■
15
a.
d.
d.
9-32 e«as3V.
2 0
25 Da
7
7X
x
—
@FedFRASER