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xtmdt
HUNT'S MERCHANTS' MAGAZINE,
REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OF THE UNITED STATES.

VOL.

NEW

33.

YORK, AUGUST
Financial.

FiDHnclal.

&

Phelps, Stokes
JAMK8 iT(>KKS.
AMSON PHELPB STOKES,

62

BANKERS,

OLCOTT.

?. P.

46

&

47 Wall Street,

New York,

sell

OHtOl'LAR NOTES,

COMMERCIAL. CREDITS.

Howard Impslev,

The Uoioo

Hambro

Messrs. C. J

B«aJt oS liuudi>n.

PaldUp

Capital,

•

-

9,000,000 Francs.

ALFRKti

Maqcixav

lUrnil

4

MaqulnHy). Vlcc-Pre»

Vox liKK BECKE(Vun der uecke &
OTTO (irxTiiER (("ornellle-David).
EMILK DK OOTTAL.
KHANK
Uha
Job. Da

Fra:ii;.

,

ACQ. Ntn

^

lULMS

s. Jr. (Jota.

.

Dan. rufarmann.)

.uber4i1e)

1

& Cle.)

itAUIK.SSlltAt.'CH (C. Scluuld

TRANSACTS
A«4

PoTTiH.

Presi.

J. J.

George Stark

BOSTON,
CAPITAL,

$400,000
400,000

Sl'RPLLS,
n:i:.k8

and Bankers solteited.
ma e upon faToi*able terms.
Investment Securities Nego-

Collections
Strictly flrst-dass
tiated.

L.

H. Taylor

&

i.
*i

I

Deposits received subject lo chock :it sight, and
Interest allowed on daily uiiliinces.
blocks. Bond?, Jtc. bouwhi and sold on commission
In PhiliLdelphia and other cities.
Particular attention ulven to ioiormatlun reeard.

ng Investment

Securities.

fAug. T. Post, Banker,
23

NASSAU STHEET,

;

Samuel M. Smith,
WALL

STREET,

DEALEll IN

CUy

Sailn-ajr

Breese

»:<ecarUicH, CJne and
E<(ock», Insnrnnco Scrip.

Bauk

&

William Robisoit.

Flovd-Jones,

C.

Members of the N. Y. Stock Exchange.

&

Robi^on,

BANKERS AND BROKERS,

EXCHANGE COURT.

No. 2

Bonds and

Stocks,

bought and sold
or on margin.

all

[strictly

Investment Securities
on commission] for ca«b

&

Wierum,

50 EXCHANGE PLACE,
Brokers in Railroad Stocks aud Bonds,

aOrERNHENTS 4 SOREIGN EXCHANOB.
Randall,

CiiAS. K.

Member

OlTO
c

C.

WlIBUX.

N. Y. Stock Exchange.

Gzowski

&

Buchan,

(Members of Toronto Stock Exchange.)

BANKERS AND STOCK BROKERS,
Comer Toronto and

Sr«itli,

Kinor Btreets*

TOKOXTO, CANADA.

BROKERS,
BROAD STREET, NEW YORK.

a»

Govt^nment Bonds, Stocks and all Investment
bought and sold on cummisslon.

Stocks. Bonds, etc., buiigbt and sold for cash or on
margin. Drafts on New York and London and American anl Sterling Kxcbaiige bought and sold. CollectiC'H*

York,

Correspondents— Hank

made.

New ^ork;

Alll&DCO Bonk. London.

of

New

'

Securities

Schulz

&

Ruckgaber,

BANKERS,
22

'n llliam Street,

New York.

COHHESl'ONDEXTS OF THE
nt^matioual Rank of London (Limited),
Luuitnn.
nieiars,

BUYS AND SELLS
IjMato, Clly and Count}- Securities.
COKRESPONDENCK SOLICITED.

40

sell

Wm. p. Smith,
Wm. L. Breese,
Members of New York Stock Exchange.

So.

SOUTH THIRD STREET,
PHILADELPHIA.

loans negotiated.

Interest Allowed on Deposits.

Randall

Co.,

Investment Securities foi cash or on
commission. A specialty mude of Western Farm
Mortgagea beaiioK from 7 to lU per cent interest.
Will undertake the neKOliation of loans upon
Western City property In large or small umoonta

and

Co.,

Bankers and liroKera,
140

Stark.

NASSAU STREET, NEW YORK.

No. 33
tiuy

Umdlit Hainis

Liwig H. Taylor, Jk.

&

F.

OANKKBS,

Cashier.

Maverick National Bank,

Accounts of

JoBM

George Stark.

A
Kddt,

cash or on marStock

New York

InteresL allowed on dally balances.
Partlcuuir attention paid to orde;-8 by mail or telegraph.

GENERAL BANKING BUSINESS.
P.

Bought and Sold on Commission.
Virginia Tax- Recfiva^le Coupon* Bought.

BOVlBJiliS SECURITIES A SPSVliLlT.

BANKERS AND BROKERS, Floyd-Jones
No. 80 BROADWAY, NEW YORK.
Exchange.

Loos).

DEALERS IN
Plrst-CIaaa InveKtinent Secnrltlea.
OOVEKNMKNT BONDS, STATE, CITY, COUNTY
RAILKt)AD4 MISCKLLANKOLIS SKCUKITIB8

W.

Walker,

Buy and Sell on Commission, for
gin, all Securities dealt in at the

Model Jt Cie.l
tlebohm t'reres).

Kb.

lyOCi8\Vi.st»

MursIlT).

N. Y. Stock Exchange.

of N. Y. Stock Exchange.

&

Rutter

J. B.

AI>.

Member

R. A. Lancaster & Co.,
BANKERS AND BKOKKRS,
66 BROADWAY, NEW YOBK,

C. M. RCTTER,
W. N. WALKER.
Member of N. Y. Stock Exchange.

BOARD OF DIRECTORS
EKiiix GniSAit, Presitlent.

Member of

STREET,

New York.

SCH.MIDT.

P.

WALL

S

to.

Olliffe
Schmidt,
BROADWAY & No. 13 NEW ST.,
BROHERH FOR THE PUKCIIA8E AND
:SALE OF RAILROAD SECt'RITIES.
EDMUND

Co.,

STOCK BROKERS,
No.

CORNELIUS W. OLLIFFE,

Antwe rp.

Fiei.»

&

Lapsley, Field

Transact a KAoeral banking and brokerage business In Railway Shares and Bonds and GoTernment

No. 72

Anversoise,

sethour Willard

Cyrus W.

Jr.

SpeciaL

&

Banque
.Centrale

Ctrus W. Field,

No. 45 Wall Street

Interest allowed on deposits.
Investments carefully attended

D.

Members N. Y. Stock Exchange.

Gwynne & Day,
lEstabUshed 1854.]

Foote,
WALL STREET,

aOVBRNMENT BONDS. STOCKS AND MISCKL*
LANBOOS SECURITIES.

securities.

LONDON C0HRESP0NDENT3:

&

No. 12

Btrr Ain> ibll

Banking Business, buy
Government Bonds and Investment Securi-

ties^

ISSUE

TBATELERS> CREDITS,

BANKERS,

In addition to a General

and

Hatch

Co.,

BANKERS,
CEDAR STREET.

Co.,

N. PHELPfl.

Financial.

&

Oilman, Son
I.

NO. 843.

20. 1881.

John

Bcrcnbi-rir, Uosaler

& Co.,

llaiiibiiru*
Commercial and Travelers' Credits. Bills of
(bante. Oable Transfer*.

H.
No. 145

Buttrick
Nob. 37

&

39 Wall

New York.

t

E.

S.
T

BROADWAtr,

BOUUHT AND SOLD.

St,

BrTTRicK, Member of he N. Y. Stock Exch'ge
Wh. ELLiiiAN, Memoer of the S.Y. Mining Exch'ga

0. A.

L. Grant,

Bee qnotatlona ol City Ballrosda la tbii paper

Elliman,

BONDS, STOCKS and INVESTMENT SBCURITIBS
BoL-OUT AND SOLD UN COMMISSION.

Ex-

NEW YeUK.
CITY RAILROAD STOCKS * BONDS

&

BANKERS AND BROKERS,

Bailey,

PINE STREET.
Dealings in

^.Insurance

Stocks

A SPECIALTY.
Cash paid at once for Uie above Sccorltles : or
they

will

bo sold on conunisstoo, at seller's option.

XXX m.

[Vol.

Foreign Bankers.

NKW YORK.
CORNKK OF BROAD,
Drexel, Harje*& Co

Drexel*

H..M 80.TH Tn,.»

«

and their correspondents.
of
Credits and Transfers

.Uso Commercial

on

California,

&

BrowrTBrothers
WAH.

BOY AND SELL

ST.,

Co.,

WORLD.
IN ANY PART OF THB
andGaadalonpe
Franc. In X-'^tml^ue

through London
Batweon thl. and other ^(»untries,

sa
United btatea
of DraftB drawn in the
on ForelKn Countr^es^

'JTgT^ gTc .'wIr^,
AeXNTS FOK

-

-

-

YORK.
6a WALL STREET, NEW
38 STATK STRE ET, BOdTON.

BANKERS,
94 BROADWAr,
SEW YORK.

Co.,

Kidder, Peabody
Cor. TVall and Nassau Sts.,

&

John Munroe

Co.,

CO., pabis.
iTKBLINO CHEQUES AND BILLS AT SIXTY
DAYS' SIGHT ON
ALEXANDEHS &. CO., tONBON.

MENDELSSOHN

Sc

Stuart

&

Co.,

'^imoMO
1,S00,UUU

BONO KOXQ.

OFFICE,

Ningpo,
Manira Hong Kong, Foochow, Amoy.
hrancisShanghai Hankow. Yokohama, Ulogo, San
CO and London.

William PI.
A. M. TOAVNJSEND, Agent. IT

&

Co.,

New

Established in 18«3.
Guilders
Pald'Vp
r capital, I2,00i>,000
($4,800,000 Gold.)

HEAD OFFICE

York.

Agencies

&

on

MANCHESTER, PAYABLE IN LONDON

VLSTER BANKINe COMPANY,
BELKA8T, IRELAND
AXD OS THS

&

Co.,

BANKERS AND BROKERS,

New York.
BUT AND BELL
SAILSOXD INTESTHEUT SE0URITIE8

30 WilUam

St., cor.

Excbange Place.

NEW YORK.

Ifake Telegraphic Money Transfers.
Draw Bills of Exchange and Issue Letters oi Credit
all principal cities O' Europe.

Hilmers,McGowan&vCo

the Conatnictloa and

I

^"'"-Vi'cltl^f^sV^IJll^UN^McLETNAN.ESQ,

HEAD

OFFICE, MONTREAL.

Manager.
anORGE HAGUE. GeneralAsst.
General
"""•^Vm. J. INGHAM,
BANKERS:

Manager,

Clydesdale Banking Comp'j
LONDON, ENG.-The
Bank of New \ ork. N. B. A.

NEW YORK-The

sells Sterling Ei
ThB New Y'ork Agency buys and
Credits available
ehaneeclble Transfers, issuescollections
in Canad
Sliuart'sof the world, makes
at any u
Sn(fe"lwhere, and issues Drafts W^ble
D«lt
.Demand
Canada.
in
the bank

?he

offices of

i

ever
in Scotland and Ireland, and
undertakeij
d^Krlption of foreign bankiiiK business

JOHN

B.

HAKKIS

Special attention paid to orders at the

Stock Exchaiiue ana

;

Agent*.;

I

JR..

S

Chtcaso Brancli, 15S Wnaliington

ARTHUR

WICKSON,

"

Sti-eeii

Manager.:

Imperial Bank of Canada
Capital, §1,000,000.
D. R. WILKIE, CaaWo(
j

n

8

HOWLAND. Vres't

HEAD

OFFICE, TORONTO.
}inAXCHES:

New York Mining

New York

Board.

'.

J

at rntharincs.IMrt Oolborno.St.Thomas.InBOlJot
Man.

^ Welland" l^r«u3. Woodstock, Winnipeg,
Sterling Exchaiw
Dealers in American Currency*

BROKERS IN

;

nOOTLATB LOANS AND DRAW BILLS OF Foreign Exchange, Stocks and Bonds,
XXCHANOB ON LONDON,
63 Wall Street, New York.
Biiulpmentof Railroads nndert iken.

I

.

S5,GOO,<!00 Paid Up.i

Capital,

HKNKY

Lichtenstein,
BANKERS,

SPECLAL PARTNER,
DEUTSCHE BANK, Berlin.

WILLIAM STREET,

OF

C A X A D A

48 KxcUaiige-pIace
New York Agency,HAGUE

&

ALSO.

Co.,

Merchants' Bank

iMued payable

KUINBURQ, AND BliANCHBS;

CABLE TRANSFERS AND LETTERS OF CREDIT
John 8. Kxknkdt.
J. Kennedy Tod.

18

^k CO.,
Agents fob Nokth America
WALL STREET, NEW YORK,
BOSTON
S>S STATK 8TUKET.

i

61 BROADWAY, NEW YORK.
MEMBERS OF NEW YOKK STOCK EXCHANGE.

Knoblauch

CoLLXCT Coupons and Dividends

BLAKE BROTHERS

Co.,

Exchange and transact a general
commission business. Particular attention

SGOTI.ANI>,

&

he trade with the Dutch East Indies.

Bills of

William Heath

ship.

Canadian Bank«.

BANKERS,
10 Angel Court, London, England.
Draw

AMSTERDAM.

IN

Batavia. Soerabaya and Samarang

Correspondents In Padang.

Wm. Russell Wise

William Heath

li.

advances
Issue commercial credits, make
transact othei
ments of staole merchandise, and
in connection witH
business of a financial character

LONDON:

:

HOI-I-AND.

AMSTERDAM,

;

;••

Kennedy

Nederlandsch Indischc
Handelsbank,

given to American Securities.

SMITH'S,
HANCBESTER & COUNTY BANK,

BANK OF

NEW YORK

financial

tc

BANKERS, LONDON

All business relating to

Shanghai

of
Corporation grant Drafts, Issue Letters

& CO., Beriln.

William Heath.
Chables e. Quincet.

J.
33 NASSAU STREET.
BILLS OF EXCHANGE ON

No. 63

RnoS * CO

Thp
negotiate or collect
Credft forSSe of Trkvelers.aod
Saigon
k^S?'^..L"^.V;„.
i>,.J,r.;, r«l,-.iita.SinBaDore.Saigon
^Ifl1payablJat%,.mT,ar,Ca\-utta7sTngapore.

C0RRESP0NBENT8 :
BARING BROTHERS dc CO., London.
PERIER FRERES & CO.. Paris.

CnauLAB NoTM iHB CKiniTi ro» Tiatilkbs.

S.

HEAD

COMMERCIAI. AND TKAVELERS' CREDITS.

No. 8 Wall Street, New York,
Ho. 4 Post Oflllce Square, Boston.
CHEQUES AND CABLE TRANSFERS ON

J.

York.

BANKING CORPORATION.

AND

Exchange and make telegraphic
money on Europe and California.

RATIONAI.

Hong Kong &

BOSTON, MASS.,

Bills of

LIMITED

New

AMSTERDAM, HOLLAND

YorK.

CABLE TaANSFERS, BILLS OF EXCHANGE

"

Street.

CAPITAL (paid-up)
RESERVE FUND

BANKERS,
William Street, New

AusPayable in any part of Europe, Asia, Africa,
tralia and America.

miTH, PAVNE

142 Pearl

K. Y. C orrespondents.-MpAi^raPLAKK

FOREIGN BVXKEBS.

&

1. 1879.

COMMISSION MEHCMANiS,

"

&

for

America

BANKERS

„_-„i,.m
AMSTERDA.M.

Issue Letters of Credit for TraTolers,

J.

^g,„^
\
)

Adolph Boissevain & Co.

Corporations,
Accounts and Agency of Banks,
favorable terms.
arms and individuals received upon
remitted.
Dividends and interest collected and
paying coupons
Act as agents for corporations In
agents.
and dividends also as transfer
and sold on
Bonds, stocks and securities bought
commission.
negotiated.
Sound railroad and municipal bonds
sold. Drafts on
Sterling exchange bought and
UnloR Bank of London.

J..&W. Seligman& Co.,

niJNROE:

HAWLEY',

E.

;

BARING BROTirEKS & COMPANY,

Draw

Yokk, January

Office,

Jesup, Paton

BAKBrE..KGKAJ.H.O^.KANSFBRS

transfers of

STANTON BLAKE.

Nbw

,

Foremn Exchange, ana

sell

HENKY

YORK.

CREDIT LTONNAIS, - - AMSTBRDAMSCUB BANK,

ATAILABLB

No.

&

Letters of Cr«d't for
Issue Circular Notes and
all
Credits, available
Travelers also.Commercial
Negotiate flrst-cjass—y^
parts of Vhe w^rld.
transfers
make tolegraphic
City and State Loans,
Exchange on
of money and draw
LONDON.
MORTON, ROSE & CO.,
" "
HOTTINGUBR & CO.,
| PARIS.

Travelers' Credits
Iggne Comiuenlal ami
ly SIERLIXO,
in

;

m

ST., N. ».,

Bonds

uponMercdandlBH^for^E?por..^,^^^l^jj_

;

Co.,

BILLS OF KXCHANOE

And

tlio purchase or sale of Mercban.
Stocks, and other BccurltleB In th«
and the East make CollectloM.
Europe
s^tex.
Un?ted
give advances

d 1^1

COR. OF CEDAR,

NEW
OLD BROAD_ 8T..LOSDOK.

No. 69

($14,400,000,

Fxecutc orders for

buy tnd

35 NASSAU
S2

Money

to Drall.

Bliss

1834.

Florins.
Paid-np Capital, 36,000,000
«oId.)

Europe and Havana.

Morton,
n"

OF HOIiliAND,
ESTABLI8ED

MESSRS. DE ROTHSCHILD

B0»lev.r<lliuu..m»m.

P»rU.

Ki...t

The Netherlaiid Trading Society

world, through the

l

ST..

Handel-Maatschappij,

21 Nassau Stree*,

&

the
available In all partsof
Isaue Travelers- Credits,

PfalUdelphla. J
BANKERS.
noMBSTIC AKD FOKHQN SecurltlC8,Gol<l,
DOMBSTH-

T^

NO.. 19

Nederlandsche

Co.,

BANKERS.

WAlt 8TBBBT.
CO.,

&

Belmont
Co., August

&

Drexel, Morgan

uayablo
Promptest attention paid to collections

1

AnausT

•THE CHRONICLE.

20, 1881. j

Canadian Banki.

Financial.

Bonds of

Bank of Montreal.
CAPITAL,
C. F.

yew YORK
4c

officE,

THE

SterlInK Kxchange, Franca and Cable

Cauatla.

Cash capital paid up
Cash assets over
Oepoaliad at Albany in U.

Ijondon OfHce, No. 9 Blrehln Lane.

AUKNCT OF THE

NEW YORK

k

North America,

Buy and Bell SterlInK Exchange and Cable Tranafera. laaue demand drafts on Scotland and Ireland
also on Canada, British Coltimbla, Portland, Oregon,
San FrancUco and ('htoago.
Bills collected and other banking business transD, A. MCTAVI8U,).
Mt«l.
[*"""•

W

^

I.AW80N

Caliloruia Banks.

The Nevada Bank
OF

Kew

GEORGE

BRANDER,

L.

Agent.

TUB

&

A. L.

HOPKINS,

JOHN

I'ATON,

Louis

&

LONDON, Head Office, S Angel Oonrt.
SAN FRANGIikCO Office, 422 CallTornia
Selu^nan

St.

Jb

Co.

$6,000,000.
1,700,000.

Transact a general banking business. Issue Com.
merclal credits and Bills of Exchange, available In
all parts of the world. Collections and orders for
Bonds, Stocks, etc., executed upon the most favorK.

LOW,

*'*'"«*'»•
lO.NATX STElNHART.iiM.in»«or.
P. N. LU.IE.NTHAl.. Caahier.

F.
No.

positions of trust.
Full Information can be obtained at the office, 187

Broadway.
Wm. M. Richards, President.
Lyman W. Buioos, Vice-President.
JuBN M. Cbane, Secretary.
Edwaui) STAiiK, General Agent.
DIHKCTORS—George T. Hope, A. B. Hull, G. O.
Williams, W. G. Low, A. S. Barnes, IL A. Uurlbut,

Geo. S. Coe, J. S. T. Stranahan, Charles Dennis, Wm.
M. Richards, 11. n. ClaHin, John O.Maira, Lyman W.
Briggs, S. B. Chlctenden.

WAL8T0N

BBOWX.

H.

BANKERS,
Pine Street, New

11

A

D.

C

General Banking Busincaa Transacted.
Securities bought

and sold on commission f orcaah

or on margin.

Advances made on approved collateral at the
murtcct rule.
lM'p<,.sits received subject to check at sight.
4 per coTit Interest allowed on all daily buiaaces.
OrJers t'xocutud at L.(jnclon, San Francisco, Boston, IMitladelutiiu and lialtlmore Exchanges.
P.S.-.MyNcw Vork Weekly Financial Keport Is
mailed free of charge on application.

STOCKS

and

BONDS

S.\XES of

iiU

classes ol

STOCKS AND BONDS
ox

WEDNESDAYS

ADRlASi U.
No. 7

Bacon,
BANKERS AND BROKERS,
3
Pny and
at the

&.

SON

PINE STREET, XJEW YORK.

sell

Exchitnttcfl.

New

Street,

on commission

all

York.

Secnritles dealt In

Stock and the New York Mlnlns
Deposits received and Interest allowed

Charlks Seton

FIRST-CJLASS

ST.,

&

Gilder,

BROADWAY, ROOM 10.
STOCKS, BONOS AND IHIMCELLANKODS
08

HEC-UR1TIES

BOUGHT AND SOLD ON COMMISSION.
Members New York Mininx Stock Exchange,
COBRISPOXDEXCig SOLICITSD.

&

R. T. Wilson

WM.

Co.,

C.

NOYES,

^

i:f

GAS STOCKS A.\D BO.\DS,
TELEGRAPH STOCKS,

IN

Interest allowed on daily balances.
All deposits subject to cheok at sight.
Particular attention to orders by mail or telegraph.

Vork.

NASSAU STREET, NEW^ YORK,

21

INYESTHEKTS.

Sell on Commission, for cash or on marsecurltiea dealt in at the New York Stock

New

3 Ezcliange Conrt,

NEW YORK,

Buy and
(rln, all

w. Howard Oildib

llKNiiy.

Henry

Sons,

Cky

TRUST COMPANYS' STOCKS.
andotlier Railroad Stocics & Bonds

AND
MTSCIgiI.ANEOU8 8ECPRITIE«.

glXlj^S,pOIIDEpi SJ EjVI^INS.

Fred H. Smith,

BANKKR AND BROKER,
No. 30

BaOAD STREET, JIEW YORK.
all

for the past 10 Years

Investors or Dealers wishing to bay or sell are
invited to communicate.
State, Municipal and
Railway Ilonds and Coupons bought and sold at best
Market Hates.

Purchase and sell on Commission GOVERNMENT
and RAILROAD BONDS and STOCKS, and aU
classes of Securities dealt In at the

STOCK EXCHANGE,

I.,EVY <k
DEALER IN

Geo. H. Prentiss,

BORG,)

All Classes of Investment

No. ir

Brooklyn

Beers, Jr.,

No.

1

NEW

Lansdale

TREET KAILEOAD STOCKS AKD BONDS
AND AUi KINDS Of

BROOKLYN SECURITIES
DEALT

dec.,

stuee:i,

37

Si 38.

Ofpicb, TBor, N, Y.,
Connected by Private Wire.

ALL securities dealt in at the Now York Stock
Exchange bought and sold on commission anU carried on a fair margin.

INTEREST

allowed on credit balances.

IN.

SEE G>5 COOTATIONS IN THIS PAPER.

Scranton

Boardman,

BROADWAY, Rooms

NEW YORK.

AND

&

Willard,

BANKER.S AND BROKERS,
ra BROADWAY. NEW YORK.

STOCK BUOKEtt,
No. SO

STREET,

GAS SECURITIES,

Bouds.

Securities, Cily

Gas Stocka,

WALL

GAS STOCKS

Secarities

AND
MISCELLANEOUS BONDS AND STOCKS,
No. H Wall Street.

N. T.

NEW YORK

or all reputable Securities

bought and sold In the OPEN MARKET. LOANS
and COMMERCIAL PAPER negotiated. InUreit
paid on DEPOSITS, subject to check.

Levy,

OF

Bka.n'CH

ANI> SATLKDAVS.

MVLLER

Pine

New York

on balances.

NEW YORK.

REGULAR AUCTION

u. B. Bacon.

&

DEALER

NASSAU

ir

At Auction.
The Undersigned hold

Clabk.

Clark

York.

Sistare's

L.

WASHINGTON,

s.

BANKEBS AND COMMISSION MERCHANTS

RAILROAD SECURITIES.

(£,ATE

Bkanch Office:
CO.,

Alex.

SPECIAL ATTENTION GIVKN TO THE NBOOTIATION OF

YORK.

of the N. Y. Stock Exchange,

BATEMAN &

BROWN.

FltXD. A.

A SPECIALTY.

E. Trowbridge,
NEW

C0M.MISH10N.

COMMERCIAL PAPER NBOOa<IATKD.

Secretary.

TORE,

Toric.

all

(An intimate knowledge of

BANKJJE AND BROKER,
3 BROAD OR 27 WAL,!, STREET,
Mtmber

St.

RAILROAD SECURITIES

Financial.

Co.,

STOCKS AND BONDS BOUOUT AND SOLO OH

Co.

in the United States
guarantee ng the fidelity of persons holding positions of pecuniary trust and reaponaibiUty, thus securing aCOKPOKATE GUAKANTEE in lieu ol a
personal bond where security is required for the
faithful performance of the duties ox employees in

New

54 W^all Ktreet,

-

Exchange.

Antborlzed Capital, Paid up and Reserve,

KREDK

NEW

DEALERS

HOSTON Corruxpoud'ts, Massaohusetta N, B'k,

ableterms.

&

FIDELITY (JUARANTEE UUNDS
ARE ISSUED BY THE
FIDELITY & CASUALTY CO.
OF

&

Brothers

Coin)>any.

Messrs. Jesup, Paton

(I.IMITBO).

& W.

Wabash

Vice-President

8AKO, Member N. T.Htock Ezch.

BANKERS AMD BR0KBR8.

niHKCTOnS:

I'acitic Itailroad

JOHK 8ICKCL4.

8A!fI>.

K.

Sand

!260,000
:tOO,OOU
Bonds 100,000

Co.

Geo. K.

Anglo-Calitornian Bank

Agents, J.

p.c.

VEUMIljYE, Prest. Merchants' Nat. Bank.
SIIKICMAN, Prest. Mechanics' Nat. Bank.
UUKEKT II. nilNTURN, Measrs.Orlnnell, Mln-

St.

ISSUES Coniniercial imd Truvelera' Credits, avail*
able In any piirt ot the world. Draws Kxchange,
Foreign and Inland, and makes Transfers of Money
by Telegraph and Cable.

NEW YORK

4

Max

li. II.

BONDS,

S.

TH«0. V.

Walston H. Brown & Bro.

SAN FKANCISCO.
York Agency, 62 ^Vall

8UEPLUS, INVESTED IN U.
84,000,000 GOLD.

I

The only company organized

WALL STREET.

No. 53

S.

W. U. DYCKAIAN.

OF

British

Son,

BANKKRS,

•

J. D.

turn

Ba n

&

Cisco

J.

No. 99 WALL STRKKT, NEW YORK.
OKPOMrM RKCKIVKII .4IJB.IKCT TO CHECK
AT .'•li;lir A.NI) I.NTEllBBT ALLOWED ON
DAII.V MAI.A.NCK.t.
GOVKllNMKM' ll'iVD.'l, STOCKS AND ALL
INVKST.Ml
Fimxa BUUOUT AND
BOLD OS
i.V.

By a recent law all judges and offlolais In the State
New York are ,now authorized to accept the
bonda of this company In lieu of imlirkluul bonds.

;

Domiuiuu u(

John

of

TrauBfers iiranl Cummerclal and Travelers Oedlta
aTallable In anr part of the world; Isaue drafts on
and make culloctlona in Cliloago and thruuKhout
ttie

OF

OF NORTH AMERICA,
WILLIAm STREET.

Wai.tkb Watson,* AHenU
.„„t.
ALIX'B LAND.
J

Bur and Mil

ALI, KINDS
GUARANTEE UO.NDS.

No. 4T

WALL SXKBBT.

«l

EMPLOYKES. AND

Guarantee Coinp'y

SMITHEKS, PrcsliU-nt.
W. J. BUCHAN^VN, General Manager.

No*. S9

Financial.

Sviretyslilp
FOR

$13,000,000, nold,
G,000,000, Uold

8UHPLII!«,

iK

PBIVATK HIKES TO
Cumberland.
Delmontco'a,
Windsor Hotel,
Philadelphia.
QUaey House.
Newport.
Saratom,
Boston,
CoKRESPOXDHNTx. — Bartlett, Westcott ATCo.,
Uiica; Westcott & Co.. Syracuse: Westcoti, Myers

&

Co., Buliaini J. T.

Jt

Uodges, UostoB,

Lester

A

Co., Chlcaso;

Emery

[Vol.

THE CHRONK'LE.

XXXin.

Financial.

The Brooklyn Trust Co

Dominion of Canada.
CENT
8KVE^ AND A-HALF PBU

per «.Ban..

BpecW

mlnlstrator.

mile or

for

money.

desirable

of

assortment

fie^x.

bonds

wftte Joslah O. Lo". Ri?lej, K«Pes,
Austin Corb .n.^Edmund.%V.|oriles.^^^^^

Albert E. Hachfield,
NASSAU STREET,
Bonds

solicited.

Beasley

&

Joliet

Co.,

Investors.

CHAS.

18

S^cUch
No. 31

7s.

7s.

D. A. EASTOX,
With BOODY, McLELLAX dk CO., Bankers,
»o 58 BROADWAY, NEW YOKK.

Wm.

R. Utley,
STREET, NEW YORK,
IN

RAILROAD BONDS.
lyVESTilEXT STOCKS.
RAILROAD LOANS NEGOTIATED.
TEARS' EXPERIENCE IN WALL BTREET.

CISriXNATI & LAFAYINDIANAPOMS
K'l'TB BTOCKH' LDER!>.— In response to In-

and common stock of this company has been dc•lared, payable on the first day of September next,
at the office of '.he company's

the 10th

agents, Messrs.

PATON A
Inst,

CO., No. 53 William Street,
transfer books will be closed on

and reopened September 2 next.
C. H. FOSTER, Treaaurer.

OrricE or rns
Amebicas Dock 4 Imphovement Company
119

MnKKTY

ST..

NEW

YollK, June

10. IHl'l.

i

^
S

AMERICAN DOCK & IMPROVETHK
MKM' (!J.MI*.\.N\
reserved the risht to
,

B.

Kendall.

8c cHWi/ba^,
WALL STREET,

liavlivj:

Ssylheprinclpulnii'l Interejt of their bonds dated
ctober 1, lW>e,at any time after llie first day of
Jannary, 1978, first havln« lilvon six months' notice
of their Intention to make such payment notice is
bereby irtTcn to the holders of the said bonds that
the ( omp:iny. In the exercise of said riirht, will imv
the prlncli>al and interest of the said l.ondi, at the
National Bank c,f Commerce, on the Slst day of De
cember, KJKl, at which date Interest on said bonds
JOUN S. BARNES, VlJe-Prcsldent.
wUI ce*ie

4 Hatch.

170,000

Expenses, same basis

$120,003

Net revenue

Annual interest on $1,000,000 first-mortgage
Hve-per-cenl bonds and dividend on pre$(>0,000
ferred stock
There Is now no other prior interest chiirpe
aguinst the road; hence these bonds may be regarded
as the best long-fiate bonds ofTered In this market.
They are coupon bonds, payable to bearer, or may
bo registered.

TIIOJIAS BRANCH & CO.,
BANKERS. Ac,
Ricliinond, Virginia.

C. Chew,

J.
WALL STREET, NEW YORK.
TEXAS RAII.WAYS.
BONDS, LANDS, &c.
No. 7

Car Trust Bonds.

Desirable Texas Securities for Investment oon
SLantly on hand

WE MAKE A SPECIALTY OF TUESE VERT
SAFE SECURITIES, AND BUY AND SELL SAME

P1TTSBUU« BRADFORD &

AT MARKET PRICE.
WE OFFER A LIMITED AMOUNT OF DESIRABLE CAR TRUST ISSUES, ADDITIONALLY
SECURED BY TUB DIRECT OBLIGATION OF
THK RAILWAY EQUIPMENT COMPANY.

First Mortgaare 6 Per Cent Gold

CLARK, post" & 9IART1\,

BANKERS,

NEW YORK.
LETTERS OF CREDIT

R C V L,AR NOTES
for the use of travelers In
parts of the world

and sold on commission.

6 Per Cent Mortgages,
FR.4XCIS SMITH,
SMITH 4 HANNAMAN,

Indianapolis, Ind.'

Interest allowed

on Deposits.

BR.vNcn Offices,

to

FOR CHOICE

Successor to

70 Broadway, New York City.
Trawact a general Banldng Business

Pliiladelphia, 132 S. Tliird St., C. F. FoX.

various places In the United States,
Deposits received subject to check at sight, and Interest allowed on balances.
GoTemment and other bonds and Investment se*

ADDRESS

Noyts.

Connected by Private Wires,

all

Bills

curlties boiight

I'rcil. Ji.

Spencer Trask & Co.,
BANKEMS AND BROKERS,
Stocks Bcuglit and Sold on Margins.

AVD

drawn on the Union Bank of London
Tjlegraphlo transfers made to London and

Bonds

Spoiccr Traik.

130 Broadway (Eqnitable Building),

Usned

CO.'S

FOE SALE AT THE
NATIONAL BANK OF THE REPIBLIC.
aco. F. reabody.

Kountze Brothers,

I

BlFF.\LO BR.

PINE STREET.

31

&

ALTON RAILROAD CO.,
CUICAOO. August 3. 188t.-SOTICE.-A Cash
DiTldend of FOUR PER CENT on the preferred

The

tinguished.
The gross receipts for this road for 1881 17
$290,000
months actual. 5 months estimated)

NEW YORK.

Refer to Messrs. FisK

committee inTorms the stockholders

that the time for a'lmlssion to the bcneflis or the
new proceedings expires on Sept. 1. Certificates
may be obtained at liie office of George A. Mercer,
Ko. 7 Exchange Court.
J. C. F. GARDNER, Secretary.

York.

interest, with the right to advance the price
without notice. These bords are issued for the
purpose of paying off the old first mortgage, which
is now maturing; $300,000 has been paid, and payment of the balance as it matures has been provided for by setting aside a like amount of these
new flve-per-cent bonds, not to be executed or
Issued except as the maturing bonds shall be ex-

and

Co., Bankers,)

Wu.

President.

NOTICE TO IXVESTORS,

BA.NKEKS AND BROKERS,

Scioto Valley 2d 78.

Kew

STREET,

WM. D. HATCH,
Member N. Y. Stock Eich.

WANTED:

JBSUP.

WALL

4

15, 18R1.

BALDWIN,

We oifer for sale a limited aniount of FIRST
MORTGAGE (45 years) FIVE PBll CENT BONDS
of the PETEHSBURG RVlLROAI), class A. at 95

WINO,

T.

(With A. M. Kidder

A West Virginia 1st 7b.

pIIICA(M)

mvestmcn

,

Cincinnati Gold Gs, due 190G.
Cincinnati Currency Gs, due 1909.
Cincinnati Sinking Fund 7s, due 1904.
ancinnati Main Issue 7-308. due 1902.
Scioto Valley Consol. Gold 7s, due 19 10.

August
C. C.

Delaware Ldckawanna & West. 1st Cons 73, 1607.
Chicago & Milwaukee Ists, 78. 1888.
Menominee River Ists, 7s, 1906 (guar, by Chica«o 4
Northwestern).

BA8EMENT.

DEALER

New Tokk,

S

Erie Railway 1st Cons., 7s, 19';o.
Memphis 4 Charleston 2ds, Ts, ISti.
Scioto Valley Railway Cons., 7s. 1910.
New Jersey Southern Railway Ists, 6s. 1899.
Toledo Peoria 4 Western Ists. 7s, 1917.
Central RR. of New Jersey Ists. 7s, 1890.
Tin. Indianapolis St. L. & Chic. Con;., 6s, 1920.
Grand Rapids 4 Ind. Land Grant, guar., 7s, 1899.

NASSAU STREET,

Columbus & Toledo 1st
Columbus & Toledo 2d

SA li b

August Investments.

IN

PaclDc ImOTOTement Company,
American Cable Construction Company,
InUrnatlonal Improvement Company.
Co.,
Continental Construction and Improvement
North River Construction Company,
Company,
Construction
N. T. & Scranton
New York, Chicago 4 St. Louis Subscription, an
au other qnoUble Construction Stocks.

To

tember, 1881.

& Western Bonds.
4 Dayton Bonds

CoBsumers- Ice Companj-Js^St^ock,^^^^

STANTOM,
DEALER

:

Norltiern Ists.

FOK

BEOADWAr. NEW YORK.

quirlps, the

right to subscribe for such bonds and stock
on the 15th day of September, 1881.
Scbscrlptlons shall be payable at this company's
olMce. in the City of New York, upon the delivery
of the bonds and stuck subscribed for, between the
loLh and 3l3t days of October. 1.881, inclusive.
The transfer-bo 3ks of this c.jmpany will be closed
for the purposes of s lid subscription on the 25th
day of August and reopened on the 1st day of Sep-

& Nebraska Bonds.

loseph

and interest.

The

4 St, Louis Ists.
Toledo Ists.

Cincinnati Hamilton

1. S.

18

4

Kansa-s
St.

Louisville

will expire

Generall)'.

•WANTED
Indianapolis

Columbus t

PINE

cipal

and
Deal* In Inrestment Securities
ADDRESS:

31

SSf:i;^»" li?Hen^»e.don,
T.Martin,

M

17

Correspondence

Ohio

Alex. McCue,

Henry Sanger.

B. Kendall,

K°
H K PierrepOTt, Dan'lChauncey, John

always in hand.

17

& Nashville Railroad Company
shareholders the option of subscribing
stock
of the Pensacola & Atlantic
to the bonds and
Railroad Company on the following terms, to wit
Btockhelders of record at the close of business
on the 23th day of August, instant, shall be entitled
to subscribe at ninety-flve cents on the dollar, and
accrued interest from August 1, Instant, for said
bonds to an amount equal to fifteen per cent of
their respec'.ive holdings in stock of the Louisville
4 Nashville Railroad Company, and shall receive
therewith Pensacola 4 Atlantic Railroad Company
stock to an amount equal to four per cent cf said
holdings respectively.
Tne Louisville 4 Nashville Railroad Company
will guarantee the payment of these bonds, prinThe

otTers to its

TRUSTEES

Wm.

INTESTMEXT SECCKITIES.

98

TRANSFER NOTICE.

of

^^^^-g^'^.'SiS^IN, Vlce-Pres't.

^n?^ll?n

W.

management

Correspondenoe solicited.

LONDON, CANADA.
KDWARD LB KUEY. Managing Director.

A.

Brooklyn, N. T.

fMSSS:asci.^i^^s

Ontario,
FlnanelaJ A..oclatlon of

An

sts.,

attention given to business

froothe united States.

Tb«

Clinton

Nashville

RAILROAD COMPANY.

J'-^"»v%7.ir.^nrr&-rie1alSrcV.^^^^

'>-

InTertor. wtth ''Wc*
. po.lt..n to fam..h
.elected, rle.d.ng
carefuU,
..curit,,..
,e.tn..nt
,. ,„

Zm SIX ^

*

Cor.of Montaeue

OF ONTARIO

THB riKANC14L ASSOCIATION

&

Louisville

Albany, N. Y., Maiden Lane,

W.

A. Graves.

Saratoga, N. Y., Grand Union Hotel.

C. H,

&

E. Odell,

AGENTS FOR

Steel

and Iron Rail

MANUFACTURERS,
104 John

Street,

Rooms 10 &

KEW YORK

CITY.

11,

P0mae
HUNT'S MERCHANTS' MAGAZINE,
REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OF THE UNITED STATES.
{Entered, accordlug to act of Congrens, lu the year 1881, by

VOL.

Wh.

B.

Dana A

Co., In the vfflce ot the Librarian of Congress,

SATURDAY, AUGUST

33.

CONTENTS
THE CHBONICLE.
What Loss

The Financial

Situation
187
189
Merchants' Arliltrations
Iiumigrtition Mn%-eiiientfl
190
The li Ish Lau J Bill— A Constitutional Coufllot Averted. ... 191

Is

Within a Slarino

191

Policy

and

Monetary

Conmierciui

EngUshNews

192

Commerolal and Miscellaneous

20,

Washington, D.

NO

1881.

C.l

843.

manipulation, operators for a fall taking advantage of the
low reserves of the banks and the steady drain into the
Treasury and to the West, to bid up the rate for money
and excite apprehensions of a severe stringency.
The

blow was well directed and it had its effect. The market
gave way sharply and the decline was not arrested until
Quotations of Stocks and Bonds 19G Thursday afternoon, in the last hour of business, when
Money Market, Foreign Ex197
Npw York Local Securities
change, U.S. Securities, State
Kailroad Earnings and Bank
and Railroad Bonds tind
the money market resumed its normal condi'.ion and
198
Stocks
Kclurns
194
Iuv<!stuieDt9, and State, City
stocks sharply recovered, remaining, however, more or
Eange in Prices at the X. Y.
and Corporation Finances... 199
Stouk Exchange
193
less unsettled throughout yesterday.
THE COMMERCIAL TIMES.
The recovery Thursday afternoon was aided by a
209
Commercial Epitome
Dry
Goods
202

THE

News
BANKERS GAZETTE.

^

192

I

Cotton

20.^

Breadstufls

208

luu'orts, Receipts

and E.\portd 210

report that the Trunk-line

war was on the eve

of

On

ment, but this does not appear to be confirmed.

^Ixc Clxrawiclc.
Thb Commsectal and Financial Chkonicle m

contrary,

is-med every Satur-

day morning, with the latest news up to midnight of Friday.
[Entered at the Post OfBce at New York, N. Y., a.s second-class
mail matter.]

TERMS OF SUBSCRIPTiON-PAYABLE

IN
For One Year llncludin): postage)
ForSlx Months
no
,
Annual sub.scriptlonlu London (including postage)
Six nio».
do
do
do

$10

20.
6 10.

£2
1

7s.
8s.

Tran.slent advertisements are published at 25 cents per line for each
tnwrtion, but when definite orders are s.'iven for five, or more. Insertion.^,
ft Ubenu discount is made.
SpecUil Notices in Banking and Financial
oolnnin GO cents per line, each insertion.
I^ondon and l,iverpool Offlcea,
The office of the Ciiiionicle iu I.rijndon is at No. 74 Old Bro.ad Street,
and in Liverpool, at No. .5 Biowu'.s Buililiuzs, where subscriptions and
advcrtlsement.s will be tiiken at :Ue regular rates, and single copies of
the pai)er supplied at Is. each.

WILLIAM

(

79

DANA

St

B.
k CO., Pablishers.
81 William Street,
YOHK,

NEW

Post Office Box 4592.

A neat

cover

furnished at

.'50 cents
postage on the same is
cents. Volumes bound forsubscriljers at $1 00. A complete set of
the t'OMMEKCiAi, AND FiNANCiAi:. Ch UOMCLE—July, 1805, to datecan be obtained at the olBco.

file

Is

;

18

THE FINAXCIAL SITUATION.
Two

important events have this week unsettled the
markets.
The one of paramount importance, of course,

was the change in the condition of the President. The
unfavorable news from his bedside on Saturday had a
depressing effect upon stocks, and although the intelligence
was a little more assuring on ilonday the impression prevailed that the suspense must soon be ended and that the
President had not long to live.
This shock was especially
severe, coming, as it did, after so much progress had been
made toward recovery. The speculators for a decline
seized the opportunity to press prices down, and the market yielded, to react on the receipt of more favorable

news

in the afternoon,

and to fall off again on Tuesday
Washington dispatches were less hopeful.
On Wednesday came the other complication. The advices about the President were encouraging, but this was
counteracted by active money, the result largely of

when

the

rates

last

on east-bound grain

to 20 cents

on the 22d

will not be enforced, for the reason that all

tracts

the

announced that the agreement made at the
week at Commissioner Fink's office, to restore

it is

by

it,

instant,

the lines will

the cause assigned being that

time con-

extending beyond the 22d instant have been

made

by some of the roads. It seems probable, therefore, that
the war on freight and passenger rates will continue yet
awhile.

While the President remains

AdTcrtlsemeuts.

J

meeting

not abide

ADVANCE!

Subscriptions will he continued until ordered stopped by a written
order, or at the publicntion office. The Publishers cannot be responsible
tor Remittances unless made by Drafts or Post-Office Money Orders.

WILUA.M n. DANA,
JOHN e. FLOVU, JR.

settle-

|

in his present critical con-

dition, liable to serious relapses, the

market

will doubtless

be more or less influenced by the bulletins and unofficial

news from Washington.
this

There

is

less

reason

now why

should be the case than there was immediately after

But there is at present
by some speculators to take advantage of every circumstance which will aid them in depressing the market, and they are not at allsorupulous as
The manipulation of the
to the means they employ.
money market on Wednesday gives evidence of this.
That there was no good cause for the excessive stringency in loanable funds is shown by the fact that at the
time money was bid up to 1-16 of 1 percent commission
on Wednesday and ^-16 on Thursday, call loans could be
obtained from the banks, on acceptable collateral, at the
legal rate, and lenders were glad to make time loans on
Government bonds for six months at 4 per cent and on
good stock collateral at from 5 to G.
Active money in August is unusual. Last year the rate
on call was low all through this month, ranging from 1 to
in
in September the range was from 1^ to 4
4 per cent
October from 1^ to C, and not until the last of November
did money loan for a commission. We had a steady flow
of gold from Europe, commencing early in August, but
at the same time we had a drain to the interior which
reduced the surplus reserve of the banks from $18,471,275, the maximum for the year, on the week ended July
17, to $1,732,125 for the week ended November Cth, and

the murderous assault was made.

a disposition manifested

;

;

THE

188

(.CHRONICLE.

first week in December.
to $2,461,875 deficiency on the
on the week ended
$11,205,725
was
surplus
the
year
This
when the banks held a total reserve of $99,005,-

July

Imports.

i

Exports.

Wk

Wt:.end.

1881.

1880.

July 8.
July 15.
July 22.
July 29.
Aug. 5.
Aug. 12.

7,295,138
9.276,721
7,397,030
8,289,041
11,752,759
8,859,661

8,155,564
9,988,389
9,568,477
8,661,582
10,416,778
7,362,222

end.

1881.

1880.

16,

600, of which $81,946,900

day

[Vol. XXXIII.

was

Up to last

in specie.

Satur-

it
the banks had lost $9,118,225 of surplus, bringing
interval
this
in
in
specie
the
loss
and
to $2,087,500,

down

July
July
July
Aug.
Aug.
Aug.

12.
19.
26.

6,260,923
7,369,831
7,463,140
7,302,229
8,362,928
6,606.939

2.

8,098,810
8,915,703
8,683,213
8,628,199
8,485,041
9,369,772

9.
was $10,105,800. The drain, as has been shown by our
16.
Treasury
mainly
into
the
been
has
statements,
weekly
54,153,012
Total.. 52,870,350
Total.. 43.3d5,990 52,180,738
through the Custom House. But the West has also ab.
thus
are
nearly
The
exports
nine
million dollars less than
sorbed considerable sums of late, the demand being urgent
six
in
corresponding
weeks
the
of
1880.
The speculative
and
breadstuSs
for money to keep up the speculation in
extend
to
not
imported
mania
does
goods,
and
our imports
Treasury
The
Milwaukee.
other staples, at Chicago and
moderate
scale, so there is less to fear from
continue
on
a
the
until
or
present,
for
the
continue
drain is expected to
the unfavorable exports than there otherwise would be.
called bonds come to be surrendered for redemption and

be made but there is reason to Still, extreme caution should be exercised. Yet, with our
demand from the "West, although large unliquidated trade balance, and with a superabundloanable funds in Europe, a rise in the rate of inthere appears to be active employment there for all the ance of
here
may and probably will be sufficient to cause
terest
money that can be obtained. The amounts recently sent
hither.
heavy
shipments
The Bank of England rate was
irom here may not be returned after the speculative moveon
Thursday,
advanced
but
if this movement was intended
ment in food products ceases, but the regular fall demand
drain
to
check
the
to
America
it did not have that effect, for
materially
lessened
beupon this centre will doubtless be
were
ordered
shipped
£100,000
from London on that day
westward.
flow
cause of this early
The probable supply of money merits consideration. and £400,000 more on Friday, and the London Times says
The call for the coupon 5s matured on the 12 th inst., but that it is understood that further sums will be shipped. It
the bonds come in slowly, and, moreover, do not come to is probable that the advance of the Bank rate will have the
our Sub-Treasury, but are required to be sent to Washing- effect of drawing gold from the Continent to the Bank of
interest disbursements

;

look for a less heavy

The

ton.

latest report

shows that only $2,000,000 have

been surrendered, and as the loan was a large one, and as
many of the coupon bonds are doubtless held abroad, it is
possible that

On

dered.

some time

the

1st

of

will elapse before

all

are

surren-

September, interest amounting to

England, and that

no further

The Treasury

which
Office

the principal
it is

of the registered 5 per cent

estimated about $30,000,000 will be

paid altogether, and which have been called for redemp-

is a loss to the banks, of $1,843,763 11.
The Assay
has paid out $521,906 for domestic and foreign bullion during the week.
This includes $250,000 German

gold which arrived on Saturday.
daily receipts

New York

scarcely^ perceptible.

This makes a total to come out of

reasonably be expected

come upon

to

Date.

There

is still

Aug. 12
"

The City

of

$500,000 gold yesterday from Europe, and

it is

that $3,648,000 are in transit, while the rates of

are

is confi-

Richmond brought

$728,449
307,154
676,407
731,475
361,917
321,388

80
37
82
20

$22,000
11,000
18,000
17,000
17,000
10,000

$3,126,883 28

$1,549,000

$95,000

16....

17

...

18....

Total...

92

U.S.
Notes.

$335,000
135,000
324,000
460,000
163,000
130,000

...

13....
15....

"
"
"

the

"

another source of supply which

Ditties.

Gold.

Street within the ensuing six weeks.

dently counted upon.

of—

will

the Treasury, aside from pensions, of 50 millions, the bulk

may

The following shows the
by the Sub-Treasury from the Custom House.
Consisting

office,

commence on September 1, but these are disbursed in
small amounts, so that the effect upon the market would

of which

operations

The pension payments, which aggre-

tion on that date.

gate about $10,000,000 at the

be

should be the result there will be

for the week include the
gold from the San Francisco mint.
Making this deduction from the receipts leaves a gain,

$2,812,500 will be due on the 4J per cents, and on the 1st

bonds, of which

this

receipt of $500,000

of October $7,386,939 interest will be payable on the 4 per
cents, besides

if

rise in the rate of discount.

17

Silver
Silver
Dollars. Cerliflcales.

$371,000
161,000
334,000
255,000
179,000
181,000

$1,000
1,000

$2,000

$1,481,000

in

The following shows the Sub-Treasury movement for
week ended August 18th and also the receipts and shipexchange ments of gold and currency reported by the
leading banks.

estimated

the

now so low as to make it probable that these importations

will

be largely increased in the near future. This gold being

foreign coin cannot be
arrival,

but when

it

made available for some days after its

does reach the banks

come

addition to their reserves.

back

in the

There

Into Banks. Oulof Banks

Treasury
Interior

be a weljust one draw-

it

is

oi>eration8, net

730,000

$1,843,763
1,925,000

$730,000

$1,498,763

$3,768,763

movement

will

Total.

The

way

of shipments of gold to this country, and
that relates to the condition of our export trade.
Were it
not for the speculation prevailing in some of our leading

staples of domestic products,

which has greatly checked exports—bread stuffs, cotton and provisions being all virtually
cornered—there would in all probability now be a large
supply of commercial bills forthcoming, with the effect
of
very decidedly stimulating imports of gold. During
the

How

continues very pronounced— how pronounced
is shown in
the foUowing statement, exhibiting
the imports and exportsjat the port of New York during
the last six weeks.

movement given above embraces

all

the

and shipments of gold and currency reported to
us by the principal banks for the week ended August 18,
which, stated in our usual form, were as follows.
receipts

Receipts at

and Sh ipmen Is from X.

Received.

Shipped.

Currency
Gold

$710,000
20,000

$320,000
2.333.000

Total

$730,000

$2,655,000

past week bills

drawn against outgoing securities in part supplied the lack of commercial bills.
largely we can rely
in future weeks upon these shipments
of securities remains
to be seen.
In the meantime the falling off in our
exports

interior

Net.

$1,843,763
2,655,000

. .

Y.

Since Saturday, inclusive, $5,100,000 gold have been

withdrawn from the Bank

of America, the repository of

the Associated banks.

The Bank

England return shows a loss of £122,000
Bank of France an increase
90,000 francs gold and of 3,875,000 francs silver.
of

bullion for the week, and the
of

The Bank

of

Germany

reports a loss of 6,100,000 marks.

ArocBT

The

THE OHROMCLR

20, 1881.1

169

amountof bullion in each of the not contrary to law or to public policy. Why, therefore,
week and at the correspond- should parties bo exempted from abiding by such stipulations, any more thjn they would be from any other lawf al
contracts ? What reason is there in modern times, and
Aug. 18, 1881.
Aug. 10, 1880.

following exhibits the

principal

European banks
last year.

ing period

this

since laws have been passed
Oold.

aoM.

attver.

Bilver.

£
Bank of England
Bunk of Franco
Bunk uf Q crumny

28.684,510
24,56 1,5.'.0
25.370,032 .'iO.(i03,010 30.924,381 50,377,817
9.205,220 1!),339,020 9,144,333 18,288,007

Total this week
Total prevlons weok

5!),130.S02 <;!I.!I12,630 68,753,230 08,666,514
70,016,380 68,252,72.j 08.533,883
50,331,.

MS

thoroughly,

why

courts should refuse sanction to this par-

ticular class of contracts ?

by friendly reference, they should be

—

of the Louisiana court

no Information on

ing.

The foreign exchange market has been dull and heavy,
and on Tuesday the posted rates were reduced, but it was
not until Wednesday that there was any decided feature
Then tho tone became unsettled by reason
in the market.
in money, and there was also a noticeable
stringency
the
of
pressure of bills drawn against outgoing securities bought
for European account. On Tliursday the Bank of England
rate was advanced to 3 per cent, but the only effect this
had upon sterling was to reduce the rate for CO-day bills.
Tho margin of profit for cable transactions has been quite
The following
satisfactory almost all tho week through.
shows the relative prices of leading stocks and bonds in
London and New York at the opening each day.
Aui.

Aug.

IS.

1«.

AUQ.

17.

AUQ.

18.

AlUi. 19.

Loml'n S.Y. Lond'n N.T. Lond'n N.T. tond'n] N.Y. Lond'n N.Y.
vricM* pricfs. price*.* prices. prices.* prictt. prices.* i^rricei. prices.* prices.
116-40

lie?*

116-40

IW%

116-10

II6>J

11543

118H 115-67

uta

C.8.3X8 101-85
Brie
443T
2d con. 103-sa

102Mi

101-83

102

lo;-3»

lOlJfil 101-31I

101*:

43 40

102
43
loa

101-62

44

n.8.4s.c.

42 75

42J4

42-ua

43

42-05

42«

lOii^

\M»i

10174

lom

101-SB

101

101 -27

l(-0«

ni.Cont. 1J4-34

13-^W

133-13

1805K

:3C-43

ISIBM

143-80

143-M

141%

13128
14346

1305<

U4M

182«
143«

131-06

145-01

Sl-40t

62

SO-76

61

30-85 ^

eiw

N. Y.

C

Beading 38-OH 83M

knowledge

in full

No

—

left

in the opinion

to tho tribunal of their

that

own

choos-

doubt tho view generally taken has been that the

courts of justice should be open generally to
a merchant

if

who

all

parties

;

upon

has, perhaps rashly, entered

an arbitration, thinks himself unjustly treated, it is best to
allow him to withdraw and seek justice in the courts; leaving his adversary, however, at liberty to claim damages
-

for

he

any

loss of time, or arbitrators' or witnesses' fees,

may have

The laws

incuiTed.

which

of this State have con-

siderably increased the powers of arbitrators and

tho
award; but they leave either party at
liberty to countermand or revoke the agreement at anyefficiency of the

time before the controversy
effect of

this doctrine

them

is

The

finally submitted.

has always been to discourage and

embarrass arbitrations.

Merchants hesitate to resort to
no certainty that they

for the reason that there is

can be carried to a conclusion.
This right of refusing to be bound by one's promise to
arbitrate originated in an English decision rendered as

and has been obediently handed down
an established precedent. But great changes

long ago as 1610

1«M ever

142>i UC-26

When parties,

of all the facts, have deliberately agreed to settle disputes

Ij^ Tho uliovH KoliI and
Bank of Germany ix niertily

silver illvUluu of tbo stonk of coin of the
popular eHtlinale, as the Bank itself gives
thut point.

authorizing arbitrators to

take testimony under oath, thus enabling them to investigate ordinary controversies of the minor sort qnite

since, as

;

63

8:-2n-

c(iulvaUMit is baaed upon the hiehent rate for
transfers, -which orrtlnurily covers nearly all charges, such ae
interest, insurance and comiuissiona.

methods have taken place during the two and
On the one hand the courts are more
crowded with business, and lawsuits are more complex
and inconvenient and last longer than anciently. On the
other hand, while the ordinary methods of drawing juries

The Government bond market has been heavy during

are not well adapted to gather persons particularly quali-

in business

Ezch'ge.
4-85

cabins.
•

t

4-85

4-8,'5

4-84

4-84

Expressed in their New York equivalent,
KeadioK on biisis of $50. par value.

NoTK.— The New York

cal)le

the week, mainly in the absence of demand, there being
little

buy and more or less pressure
when money became active.

disposition to

especially

to sell,

M£R CHA NTS' ARBITRA TIONS.

a half centuries.

fied to

decide commercial questions, there

is

in every

mer-

community an increasing number of persons who
would be trustworthy and skillful as friendly referees.
Since arbitrators are chosen by those in interest, the parties

cantile

to

a controversy have the opportunity to select

men

of in-

—

Tho Courts of Appeal of Louisiana which are distinct tegrity who may be conversant with the matter in question.
from the Supreme Court decide numerous questions of Arbitrators also will act and decide with the promptness
commercial law. Judge Frank McGloin has commenced which is characteristic of good business men and their
editing reports of these Courts of Appeal, largely with decisions will usually be founded on business rules and on
the view of making the decisions known throughout other principles of common sense and natural justice.
States.
In his second number he gives an interesting
The practice, now so common, of requiring members of
opinion in favor of holding merchants bound by any an Exchange, Brokers' Board, or Board of Trade, to sub-

—

;

fairly-made agreement to arbitrate a controversy, instead
of taking

it

to the courts for trial.

mit their dealings to the arbitrament of a committee, is
only a modern extension of the principle of amicable

The facts were that a contract for sale and delivery of arbitration. It is, however, hampered by legal doubts
100 Mexican mules contained a stipulation binding the and uncertainties, while it should be free and favored by
parties, in case of disagreement, to submit to arbitration, the law.
There must, of course, be laws to declare what
under the usual arrangement one arbitrator to be selected questions may be tried in this manner also for investigat-

—

by each

;

and the two arbitrators to choose an umpire ing and redressing anything like fraud or gross error in
if necessary.
The seller failed to deliver the mules, and arbitrators' decisions. But it would be greatly to the
the buyer forthwith brought suit for damages.
To this the advantage of the country if the courts generally would
seller objected that the buyer had not first offered to follow the lead of the Low—isna Court of Appeals, proarbitrate, as the contract required.
The buyer's lawyer nounce the English doctrine obsolete, and say that, with
argued that the stipulation could not prevent his client respect to the ordinary controversies arising between busifrom suing, for any agreement to arbitrate is revocable at ness men, if tho parties have fairly agreed to arbitrate
any time before award is made.
The court, however, they may be held to their agreement. Such a rule, if
party,

while admitting that such a rule

is

sustained by

authorities, intimated a strong opinion adverse to
it is

it.

many

generally established, would at once lighten the labors of

For courts and

very clear that agreements for friendly arbitration are

juries,

and promote the prompt and satisfactory

settlement of business differences.

THE (CHRONICLE.

190

IMMIGRATION MOVEMENTS.

[Vol. XXXIII.
No. per
1,000

Irish,

enable us to
returns of the Bureau of Statistics
past fiscal
the
for
figures
the
years
previous
compare with

Eastern States
Middle States ..

what was always an important factor in
and is now more importthe development of this country,
Some weeks
immigration.
ant than ever before, to wit,

Paeitlc States
Tenitories

The

year, representing

New

.

Western St.ates.
Sonthern States
..

Union

German. No. per
1,000.

1,141.558

8,882

104
94
37
13
OS
24

1.855,779

56

1,932,218

300,300
888,375
434,818
81.979
61,425

31,145
593,248

50

These figures represent, not arrivals of

0.

per

,000,

74
53
58

236,.'i37

9
63
99
13
03

106,248
39.634
18,383

Olhtr
Foreign.

496,410
732,450
132,420
100.497
60,303

19
175
135

1,778,549

53

aliens,

but their

York, but the present
their distribution by sections and
The total immigra- numbers in the country,
to the 1,000 of the entire white popuproportion
their
being
tion for 1880-81 was 668,000, a moderate figure

ago we gave the figures for

statement covers the entire country.

added, in arriving at this result thus early in the year, to the
660,239 who are known to have come in at the principal

Last year the number Was 457,257, so that the
though heavy, does not equal that of 1879-80
The first records were
over the 177,826 of 1878-79.
number
was 22,322; in 1842
begun in 1820. In 1830 the
it
passed
1847
200,000; in 1850
in
it first reached 100,000;
ports.

lation.

The census returns enable us

number

increase,

•passed 300,000; in 1854

it

was 427,833, which was the

add some further

7?'916 Minnesota
63.613 California
02,112
FOREIGN 25 TO 50 PER CENT OF NATIVE.

Nevada
Arizona

Dakota
Wisconsin
Idaho
Utah

figure up to 400,000; then the tide declined rapidly; Montana
number in 1860 was 153,418, and in 1861 and 1862 Wyoming
Rhode Island
was less than 92,000 each. Since the war the figures have Massachusetts

the

New

Jersey

44, .348

New York

44,112
43.943
41,638
39.115
30.491
33,069

Michigan
Nebraska
Washington
Connecticut
Colorado

52,172
31,167

31,284
31,118
27,430
20,766
20,336
25,686

FOREIGN 10 TO 25 PER CENT OF NATITB.
21,366 Vermont

14,054
14,080
12,378
10.791
10,662

23.389 Ohio
21,091 Kansas
19.183 Missouri
15,900 District of Columbia
Pennsylvania
15,292
New Hampshire
FOREIGN 2 TO 10 PER CENT OF NATIVE.
9,977 Delaware
Maine
9,701 Louisiana
Maryland
9,154 Florida
New Mexico
Indiana
7,838 Kentucky
7,748 West Virginia
Texas
FOREIGN LESS TIHN 2 PER CENT.
1,299 South Carolina.
Arkansas
I,0i7 Alabama
Tennessee
Virginia
979 Georgia
Illinois

Immigranlt.
247,453
166,112
290,967
282,189
332,768
387,203
321,350

Tear.

1865'
1866t

1867
1868
1869
1870
1871
1872
1873
*
f

Immigranlt.
313,339
£27,498
169,980
141,857
138,409
177,326
457,257
008,000

Year.

1874
1875
1876
1877
1875
1679
1880
1881

404.80rt

439,803

Calendar year.
Six months ending June 30, 1866

;

afterward

fiscal years.

inter-

of foreign-born to each 100,000 of natives.
FOREIGS 50 PEK CENT OR MORE OF NATIVE.

first

been as follows.

to

esting tables on this point of distribution, showing the

Oregon
Iowa

6 905

6,111
3,773
3,742
3,037

773
772
675
263

I

The following shows the number arriving from the

|

I

The
Number from- 1875-70
£nKland
Ireland
Brittali Isles...

Germany
Austria

Sweden
Kussia
China
l^orth
•

'.

1876-77, 1877-78. 1878-79. 1879-80. 1880-81.

24,373
19,575
48,866
31,937
5,646
5,603
4,784
22,781
22,477

. .

America

24,183
20,013
49,967
31.602

18,403
15.932
38,082
29,313
4,504
5,390
3,037
8,992
25,120

•63,977
72,336
153,477
269,500

59,454
71,003
144,876
84,038
12,904
39,180
4,834
5,802
99.706

5,331

11,000
4,434
9,604
31,268

given years,

it

10,498
118,661

true

as

and

Ireland,

to

the

last

movement

is

striking increase occurs in
constitutes

tnis

year

although this has not

two
quite

the

almost

years

the

heavy.

German
one-third

increase

The most

element, which
of

the

entire

number.

China about doubles her contribution, making
the first change since 1875-6 in the yearly decline.
The
American movement also exhibits a marked augmentation,

Office give the

num-

Homestead and Timber-culture

and located with

acts,

agricultural college and military bounty warrants, com-

bined, in the several States

upoa the question

and

of destination

we compile from

territories,

As

during the

further bearing

and distribution of im-

these tables the following.

Number of Acres Disposed of in—

the details of nationality

For four of the above
be observed, England sent more immi-

grants here than

been

the

the past year.

will

in the Bnglish

make

to

Land

ber of acres of public lands disposed of for cash, under

migrants,

"We are not yet able

|

reports of the General

twelve years ending June 30, 1880.

England and Wales.

quite complete for

817 North Carolina.

Mississippi

principal countries during the last six fiscal years.

1875-70.

Colorado

Dakota
Kansas
Minnesota

Montana
Nebraska ....
Oregon
Washiug'n Ter

Wyoming
Total

1870-77.

123,630
391,645
27,219
663,786
449,586
28,068
357,419
149,465
92,766
160,081

73,882
212,555
40,515
706,433
277,411
12,688

2,443,608

1877-78.

1878-79.

134,217

144,S27
100,849
5,156

139.257
1,377,948
84,707
1,711,571
958,138
47,387
613,774
180,411
229.805
23,333

95,982
2,077,023
1,028,803
89,708
1,368,445
121,073
338,123
30,231

1.839.503

5.300.051

7,.=-.90,070

2,35,249

1,099,865

1879-80.

194,275
2.267.92S
120,323
1,509,748

834,065
111,393
1,319,9!.3

240,619
421,321
44,146
7,084,211

Kansas, Minnesota and Nebraska show a falling-ofi in

last as compared with the previous year; Dakota,
though it should be said that a part of the immigation Idaho, Montana,
Oregon, and Washington, particularly,
from Canada consisted of immigrants from Europe passing show an increase,
but not enough to prevent decline in the
through Montreal for the United States.
total.
The close connection between the direction of the
According to the figures of officials here, the Irish-born human current

arriving at this port

2,888,445
total,

;

down

to

the end

the German, 2,699,662

7,526,279.

The

classification

;

of

all others,

of

1880 were
1,938,172

;

tlie

suggested by these figures, the development of the great Northwest, especially in grain-growing,
and the present and prospective value of the railroads in

nationalities other

that section, need only be indicated; it certainly is an
than Irish and German, for the past thirty-four
years, as element that must not be lost sight of in any forecast of
to arrivals at, this port, is in part thus
795,519 English, the possibiHties of the future.
172,137 Swedes, 98,050 Swiss, 176,805 Scotch,
The peculiar fecundity of the foreign-born population as
116,907
French, 08,218 Italians, 63,987 Norwegians.
45,305 Danes, compared with the native, has often been remarked, and
44,389 Hollanders, 38,659 Russians, 35,971 Welsh,
17,934 conclusions are not infrequently drawn to the disadvantage
Austrians, 24,845 Bohemians,
1,802 Chinese,
These of the latter. As a mere animal, the immigrant is, perfigures do not show the great
preponderance of Irish that haps, a Ijttle above the average of the native
population in
13 generally supposed to exist.
The following curious physical vigor, but the greater proportionate number of
summary, extracted from some figures
published in 1877
births among the foreign-born is simply explained by the
is worth giving here, although
we have published it once unquestionable fact that the
great bulk of immigrants are
:

before.

of (or under) the reproductive ages.

Ac

THE CHRONICLE.

1U8T 20, 1881.]

191

These pojple, mostly drawn from the sinewy populaticn the suggestions of the Lords were not in some way yielded
own persons the incoming to. It would have been a perilous resistance but there
of a sort of veritable capital, though one susceptible of is no evidence that Ue was not prepared to make it, or
only a vague expressioain figures.
But thoy bring money that the Lords were unwilling to stand by him. It was
in with them, too. The amount was once estimated by the in Mr. Gladstone's power to call upon the Queen to disCastle Garden authorities at S(iS per head, and has been solve Parliament and issue writs for fresh elections
and,
variously estimated by others all tiio way up to $100; if it in the event of his being sustained by the constituencies

of Europe, represent in their

;

;

be taken at $50 as a very safe estimate, the immigrants of
1>880-81 should have brought in nearly 33^ millions of

to rush the

Commons,

same measure again through the House of
Lords refusing to pass it, to repeat

and, the

This is a consideration by no means to the example of 1832, on the occasion of the first Reform
be underrated in contemplating the fact that the tide of bill, and request the Sovereign to create as many new
immigration is now making to our shores at a rate never Peers as might be necessary to secure for the Government
before equaled.
a majority.
Such a stniggle might have begotten revolugood, hard money.

tion.
It redounds, we think, to the credit of both the
leading statesmen, of both the great political parties, and

THE IRISH LAND BILL— A CONSTITUTIONAL

of both Houses, that a conflict, so fraught with

CONFLICT AVERTED.
At last the Irish Land bill has found its way through
both Houses of Parliament; and the presumption is, that
by

the time this

peril,

has

been averted.
Careful examination will show that the principle of the
has not been seriously affected.
In its present shape,

bill

hands of the reader it will have
it is still a substantial measure
of reform.
Ireland may
and taken its place on the
not have got all she wants
but she has got all she had
Statute Book.
It is not wonderful that there should be
a right to expect.
Fixity of tenure, fair rent and free
very different judgments pronounced upon the bill as it
sale have been secured to the Irish farmers under very
now stands. It is a measure of a very radical character;
slight qualifications.
In the original bill, the tenant only
and it was seen, from the first, that even if it was successful
had access to the new Land Court. As the bill now
ia winning the approval of the Commons, it was certain to
stands, the landlords also have access to it.
That is to
encounter vigorous opposition in the House of Lords.
It
say when, at the expiration of a lease, the landlord
is matter for gratulation, therefore, that with so little modiand the tenant fail to agree about rent, in place
fication from its original shape, it awaits the signature
of the tenant only having access to the Court, the
of the Crown.
landlord shall also have the same privilege. This
For some days it seemed as if a constitutional crieis were
amendment
was vigorously resisted by the Irish
imminent. The situation was peculiar. Mr. Gladstone
party, and
not without reason, for it implies great
assumed power after the fall of the Beaconsfield Cabinet,
perfection on the part of a Court, in which money and
pledged to secure for the peasant fai-mers ol Ireland some
high station shall not have commanding influence in
satisfactory measure of land reform.
Scarcely had he
which landlord and tenant shall have equal weight. But
completed his Cabinet when, true to his promise, he
it seemed an injustice to the landlords that from a Court
brought forward his measure. It was a wise and wellin which they had so vital an interest they should be exconsidered scheme, and one which was well fitted, if paseed
cluded.
On this point it is not wonderful that the Lords
into law, to greatly improve the land-tenure system of Irewere
decided and firm. They had reason on their side,
land.
After mature consideration the bill was approved
and Mr. Gladstone felt it convenient to yield. The
by the Commons, and
was
sent
up
for
the
only other concession of any consequence is that
approval of the Lords.
By the Upper House, as
had already been anticipated, the bill was indignantly re- which allows any one who thinks he has been aggrieved
by the Land Commission to appeal to the Irish Court of
jected.
Mr. Gladstone did not abandon his purpose; but
Appeals, if the Land Court gives its consent.
The qualifiprecious time had been lost.
Tliere was a general desire
received

the

is

in the

royal assent

;

:

—

cation

that the Irish people should be pacified by some concessions in the shape of land reform; but in both England and
Scotland the people had become impatient because of the

!

\

I

{

was discussed

in the

Lord Salisbury's power

to resist the passing of the

bill,

if

the

their

•

IS

WITHIN A MARINE POLICY.

several interesting decisions

cargo

is

within the meaning of an insurance policy.

In a case in Maryland the

policies,

although issued upon

a steamer, the George Appold, were not marine policies,

—

in

use of

There have been within a comparatively recent period
upon what loss of vessel or

universal desire of
other hand, identifying himself with the
land-holding interest, and believing that the
provisions of the bill infringed on the rights of that class, was naturally
just as
resolute that the sentiment of his clas=
the sentiment
of the House of Lords— should not be ignored.

was

make

newly acquired privileges.
, ,
•,
T
^
,
j
^^5^^^*^''°" «^° '^^ "^"<^^' ^"^
^"^ everythmg for
'V<=^°"<''
Ireland must help herself by industry, selfa people.
We congratulate Mr. Gladsacrifice, and high purpose.
stone on the completion of his great task a task which
has given fresh illustration of his great powers, which
has fixed his place as a statesman and a reformer, and
entitled him to the gratitude of the Irish people in even
possible

WHAT LOSS

the power at his disposal to give
House of Commons and the all but
the people.
Lord Salisbury, on the
all

It.

be well, however, for the

greater degree than before.

effect to the will of the

„

It will

litigation.

the merits of this

—

House of Com-

sent to the Lords.

put forth

effort.

to test

Irish people to set themselves to work, so as to

,

I

witli the difficulty now happily ended,
against both Mr.
Gladstone and Lord Salisbury. There would appear to
be little basis for these charges. Mr. Gladstone was

to

generally believed that this

and ruinous

Time must now be allowed

best

Charges of cowardice have been made, in connection

bound

is

I

Mr. Gladstone brought forward his new measure, and
in
it

it

j

organized; and Mr. Parnell and his associates by their in
flammatory harangues had brought Ireland to the verge
of open insurrection.
It was in these circumstances that

mons and

important, as

great legislative

time and attention which was being fruitlessly given
to
Irish affairs.
In the meantime the Land League had bi'en

these circumstances

is

privilege will lead to endless

j

but purported to insure the steamer against loss by fire.
The cargo on board, however, which consisted of cotton,
was insured" under marine policies. While the steamer

THE CHRONICLE.

192

ZA
broke out in

lay in port receiving additional cargo, a
cotton stored in the fore hold, which could not be subdued
by ordinary means, so in order to save vessel and cargo
fire

was found necessary to
and the damages
sink them.
were estimated, the injury to the steamer herself was found
to be $2,500, and this item the insurance companies which
from being

totally destroyed

When

it

to pay.

an ordinary insurance against fire may well be
construed to include injury done by water used to extinguish the fire. The companies did not dispute that they

whole injury susThere was, however, an injury to
the cargo, and this was estimated at $10,500; about half
this sum was charged against the vessel under the law of

upon

by action of bilge
made no difference

But the Court said

water.

—negligence

not a defense to marine insurers
risks against which they insure.

crew

is

Bnallsta

and

of officers
it is

;

one of the

general average, and her owner was obliged to pay

it.

The owner then claimed that the companies insuring the
steamer should make good this loss in addition to tliat
by the steamer

herself.

This claim the com-

Market Keports— Per Cable.

closing quotations for securities, &c., at

The daUy

and for breadstuffs and

by cable as follows

Silver,

peroz

rf.

Sat.

Hon.
51I9

Consols for money
Consols for account

1009 18 1009,a
100^8
100=8
8G'20
..
Pr'ch rentes (in Paris)
105
U. 8. 58 ext'u'd into S^ss lOr.M
110%
116%
U. S. 4i3Sof 1891
I2OI4
I2014
U. S. 48 of 1907
fr.

Eric,

common

45%

stock

Mon.

Sat.

441a

137

66I3
32I4

d.

13
10
10
10
10
5

3

13
10
10
10

6
5

13
10

4

10
8

5

72
11

72
44
98
57
55

6

10
5
10
10
9I2 5

3

6

104%
116
1191a

I3514

135 1«
66

134
65 7g

31^8
14814

148

31%
Wed.

Tues.
«.

100 14

8610

44%

147%

d.

Fri.

519i«
1003i5

44%
6;)'8

148

«.

2

Thurs.

51»18
51»ie
5<9i6
IOOO16 l(HI3i6 icosje
lOOSg
iOO-'.a lOO'lR
86-2-12
86-2719 3630
10479
105
104%
II6I2
II6I2
IIOI4
II9I4
120
120

a.

4

London,
reported

19:

Wed.

Tues.

«

Beef, pr. meas, new,^tc- 99
Lard. prime West. ^ cwt. .57

1)1)1.

=8

138 "a
6713
33
I4913

Philadelphia & Reading. 33%
I49I3
New York Central

**

loss

4.')

1381a
671s

The court decided in favor of the companies. A fire
Flour (ex. State.. 100 lb.
policy on a vessel must be distinguished from a marine Wheat, No. 1, wh. "
"
Spring, No. 2...
policy.
Each kind of policy must be enforced according
"
Winter, West., n
"
Cal. white
to its language and meaning.
It is not the meaning or Com, mix.. West.
Pork, West. mess.. ¥
effect of a fire policy upon a ship, that the law of general Bacon, long clear, cwt..
average requiring the shipowner to contribute to a

week ending August

.oils

Liverpool.

panies disputed.

provision.^ at Liverpool, are

for the

Lotidon.

this principle, for the

tained by the vessel.

sustained

that this

It is well

settled that

liable,

thickness

they were raised

had insured the steamer, were willing

were

XXXm-

[Vol.

44

31%

Thurs.

Fri.

s.

d.

8.

d.

s.

d.

6

13

e

10
10

5

14
10
10
10

3

10

6
5

13

5

3
10 3
5
10 5
3
10 3
9I3 5 11

72
44
95
53
56

10
10
72
44
94
57
58

6

6

8

5
8

10 4

5 Ills

72
44
95
.J7

3
5
4

6

2ia

72
44
83
58
58

58
by the cargo forms a part of the risk Cheese. Am. clioice, now .)4
assumed by the underwriters on the ship.
The whole ®0mm«vcial
atidllHsceUatxeaxis nexus.
scope, object and purposes of a fire policy are different
National Banks Obo-^nized.— The following-named national
from a marine policy.
Loss by fire is the only
banks were organized this week:
perU for which the insurer in a fire policy agrees to
3,554— The Union National Bank of Newport. R. I. Authorized capital,
become responsible and on account of the risk being
$155,250; paiaiu capital, $155,250. George F. Crandall,
President; John S. Coggosh.all, Cashier.
thus limited the premium is less. The premium on a full 2,555—Tlie First National Bank of Nevada, Iowa. Authorized capital,
$50,000; paid-ill capital, $50,000. Elijah L. Lyon, President;
marine policy may usually be five times as great as that on
Wilbor F. Swayze, Cashier.

sustained

;

a

policy limited to

Whenever a shipowner wishes to
Chanoes of Officers of National Banks. — The following
by charges in general aver- changes have been made in the officers of national banks
In the Ilome National Bank of Brockton, Mass., Fi ed. B. Howard,
cargo made to save the vessel, he

fire.

secure indemnity against loss

age for a sacrifice of
must take a marine policy, or

:

least a policy specifying

at

general average as a peril included.

By taking a policy
he assumes the risk of general average
charges, although they are incurred by efforts to prevent
the spread of a fire threatening the vessel.
against

fire only,

In an English

case, the

steamer Investigator was insured

by a marine policy in ordinary form. Her boiler burst,
by which her hull was practically destroyed. The insurance
company contended that the bursting of a steamer's boiler
ia not a "peril of the seas;" that this
expression includes
only dangers of wind, waves, currents, rocks, shoals,
&c.,
such as are common to sail-vessels and steamers.

But the Court held the company
not

strictly limited

•words

"all

addition

is

to perils

of

other perils, losses

common

liable.

The

added the
and misfortunes." Such
policies.

U

—

Imports and Exports fob the Week. The imports of last
week, compared with those of the preceding week, show
a decrease in both dry goods and general merchandise.
The total imports were $8,859,661, against $11,752,759 the preceding week and $8,239,041 two weeks previous. The exports
for the week ended Aug. 16 amounted to $6,606,939, against

week and" $7,302,229 two weeks previous. The
following are the imports at New York for the week ending
(for dry goods) Aug. 11 and for the week ending (for general
$8,362,928 last

merchandise) Aug. 12; also totals since January
POREION lUPORTS AT

1:

NEW YORK.

policy was

the seas, but

in marine

Cashier, In place of C. 1). i'lillerton.
In the Second National Bank of Galesburg, III., W. W. Washburn reelected Cashier.
In the Merrimack N.-vtional Bank of Ilaverhill, Mass., U. A. Killam,
Cashier, in place of John
Hob3on.

This general

expiession the judges considered amply sufficient
to include
the explosion of a boiler. One judge said,
what the winds
are to a sailing vessel, steam is to a
steamer; and it is as
reasonable that marine insurers should
bear the risks incident to a navigation by that kind of power,
whether

For Week.

1878.

Dry Goods
Geu'l mer'dise .
Total
Since Jan.

1879.

$2,085,637
4,212,459

1880.

$2,592,823
4,834.965

$2,619,286
4.712.936

1881.

$2,884,720
5,974,941

$6,298,096

$7,427,788

$7,362,222

$8,859,661

$48,799,221
133,063.41 r(

$56,260,984
140,433,782

$32,985,80!

$68,490,878
198,906,256

1.

Dry Goods
Gen'l mer'dise..
Total.

*I81. 862.6

l'_'

236,243.99(1

*196.691.76ii $319.234. 791 $267,397,134

In our report of the dry goods trade

will

be found the imports

from of dry goods for one week later.
The following is a statement of the exports (exclusive of
excessive pressure in the boiler or
from defects in the
specie) from the port of New York to foreign ports for the
safety valve, or from neglect
or mismanagement, making
week ending Aug. 16, and from January 1 to date:
that dangerous which otherwise
would not be so, as that
EXPORTS FROM NEW YORK FOR THB WKEK.
they should bear losses occasioned
by excessive pressure
of wmds or defects and
1881.
mismanagement of a ship's sails
1878.
1879.
or tackle.
For the week...
$-

The insurance company proved

Prev. reported..

that the explosion

was

attributable to negligence of
the engineers in charge; they
had failed to make proper inspections
and had aUowed the
8heU of the boUer to become
corroded and reduced in

Total 8'ce Jan.

1

*6. 378. 179
209.933,426

('216.311,605 *?0 1.807

The following
at the port of

January

1,

,082,315
197 ,785,418

$6,606,939
237,022,002

+257.225,414 $243,628,941

shows the exports and imports of specie
York for the week ending Aug. 13 and since

table

New

1881:

$9,3159,772

247,855,642

AUOOBT

THE CHRONICLE.

20, 1881.]

KXPORT8 AUD IMPOITB OF SPBCIK AT

HKW

193

" Active coniitraction

TORK.

in

going on on nearly

all

of the«« divi-

From Corpus Christi, a port on the Texan nhora of the
Gulf, the company are also building a line to Laredo, 163 miles
to connect with themselves there and give them their own
route for shipping rails, engines and materials. Of this line
143 miles are now running. The company expect io have over
800 miles running in Mexico and 200 in Texas by December 81,
1881.
In all 20,000 or more men are now at work on the lines
of the Mexican National Company, and abont $4,000,000 in cash
has been expended to date in engineering expenses, labor and
sioDH.

Import:

Xxporl:
aoid.

SliieeJan.l

Week.
Orciit Biilaln

(i.r)00

2,000

Wt'8t Iiidlus

South Aincrloft
All othor cuuutriea.
Total ISRl.
Total ISHO.
Total 1H7H.

1

18S.H00
00,131

Fniiici!

Ooriimiiy

Mexico

ainee Jan.

$20,020,221
2,630,641
4,982.307
2»0,8.'i7
892,181
106,404
101,i;i3
32,000
447,642
51,960
101,031

S.'JC'.iOO

f.

Week,

$310,800

$441,230 $29,280,156

24,261
3.000

2,li!l..')02

1,658,716

l,9l2,7(itj

063,487

4.511.591
1,968,244

$130,000

$0,571,115

Silver,

Groat Britain
Franco

$178,077

550

19,585
60,389
512,573
916,904
110,673
19,257

$30,977
183,024
109,929

$1,818,448
3,384,985
5,583,581

2i).(i50

'

120.609
10,201

Gonuany
West tuui08
Mexico
South America

21.337
22,780

All otbur countries.

Total 1881.
Total IHMO.
Total 1879.

22.201
6,458
1,768

$130,000
S 1.950

56,781,725
3,211,188

10.->.903

9,88r>,(il2

Of the aboTe imports for the week in 1881, $50,161 were
American gold coin and $22,638 American silver coin.
Railroads in Mexico.— The Philadelphia Ledger haa given
a sketch of the three great railroads in progress in Mexico under
management of citizens of the United States. The material
was furnished mainly by Mr. W. W. Nevin, Secretary of the
Mexican National Road, to which the most space is devoted.
Extracts are made as follows
"The large American investments in Mexican railways are
attracting great attention. There are three great American companies engaged in these enterprises the Mexican Central Railway, the Mexican National Railway and the Mexican Southern
Railway. Territorially the three companies divide the republic
thus: The Mexican Central Railway has the northern belt, with
an entrance into the City of Mexico ; the Mexican National
Railway has the central belt, it.tmain trunk lines .starting east,
west and north from the City of Mexico the Mexican Southern
Railway has the south belt of the republic, connecting it with
«
*
*
O^jjg Mexican
the City of Mexico,
:

:

;

Southern
Congre.ss,

obtained
is

its

concession

fully organized,

is

at

the

last

session

of

making surveys, and in a

short time will begin field construction. Besides these
three strong companies, there are several organizations or
parties who have secured concessions from the President of the
Mexican Republic since the adjournment of Congress. The
holders of these concessions claim that they are absolute;
other authorities in Mexico pronounce them only provisional,
and subject to the action of Congress when it convenes next
winter. Some of these concessions claim to have companies
behind them; others are po.ssibly only secured with the end of
Belling them. The Mexican Central Railway may be called the
outgrowth of the Atchison Topeka & Santa Fe Railway Company of the United States. It is controlled by the same men
and has the same capital behind it. It represents the ordinary
gauge in Mexico. The Mexican National Railway Company is
the outgrowth and supplement of the Denver & Rio Grande
Railway Company. It is controlled by the same men as that
company and has the same capital behind it. Popularly these
roads are distinguished as follows: The Southern is known in
common parlance as ' General Grant's road;' the National as
the Palmer-Sullivan Concession,' Geneiul William J. Palmer
himself being President of this road; and the Central as the
' Boston Road.'
" The Palmer-Sullivan enterprise is probably the oldest of
all.
It was begun in 1872, when a couple of million dollars
were raised, thorough surveys made of all Mexico, and a concession secured. The crash of 1873 and a question of interpretation on the concession suspended operations for the time; but
the Palmer party have been hard at work ever since, securing
at last, September 13, 1880, their new and well-matured concession.
Under this concession they are empowered to build two
great trunk lines— one from the City of Mexico northward to
Laredo, the other from the City of Mexico westward to the
Pacific cca.st, at Manzanillo— with a number of branches, the
most important of which are two lines from Zacatecas to San
Luis Potosi and from Zacatecas to Lagos, and a fine route
from Monterey to Matamoras via the Rio Grande River. On
the northward, or international line, this company has a
concession from the Federal Government of Mexico of t6,500
per kilometer. On the inter-oceanic line, from the City of
Mexico to the Manzanillo, a subsidy of $7,000 per kilometer.
Under these conce.'isions the mileage by divisions has been
determined by the engineers of the company, as follows:
'

City of Mexico to Acamharo

Acambaro
A(

to Miiiiziiiiillo

...

Laiulo
Balvatitniia to .Salamanca
Marclia to Patziiiaro
...
MatamoniS to Monterey ....'.'.'.'...........'..'.','..'.'.".'.
iinil)ani> to

'

Sau LuIh Potodi

to Zncatee&g..'.'.'.'.'.'.'.'.'.'.'."'..""l".'.

Zacatecas to l.atoH
City of .Mexico 10 lilSalto
City of .Mexico U) Maravatio

II"'".'.'.'.!'.'.'.!!

Guadalajara Branch

Xotalmileage

140
466
g75
Vi
27
245
181

140
38
73
4(j

,

2' !C6

the purchase of rolling stock and supplies.
"The Mexican Central Railwav is built nnder a concession,
also granted September, 1880, authorizing it to construct a road
from the Cit^r of Mexico to El Pa-so del Norte, and also from the
most convenient point on this line to a point on the Pacific
Mazatlan has been selected as that point. This same
coast.
company has also a concession from Gnaymas, in the State of
Sonora, northward to the United States Hue. On the line from
Mexico to El Paso it receives a subsidy of $9,500 per kilometer,
on the Sonora line of $7,000. The length of this Sonora division
is estimated at about 274 miles ; the length of the other divisions at about 1,461 miles. On the.Central many thoasands of
native laborers are also at work. A division of 50 miles, from
the City_ of Mexico to Tula, is in operation. Another short
division is running from Guaymas northward. Active construction is going on from El Paso southward. In all 15,000 or moremen are said to be at work on the Central lines.
" The Mexican Southern Railway was chartered by the Legislature of New York in March last, with the following list of
incorporators and directors : Ulysses 8. Grant, Edwin D.
Morgan, Mafias Romero, Porflrio Diaz, Francisco Meijniro,
Miguel Castro, Ignacio Pombo, Ignacio Mejia, Fidencio Hernandez, Francisco de Landero y Cos, Jose Maria Mala, Sidney
Dillon, Russell Sage, Jesse Seligman, Frederick L. Ames, Frank
Work, Jay Gould, Henry G. Marquand, Amos L. Hopkins,
Ulysses S. Grant, Jr., Collis P. Huntington, James H. Work,
James B. Houston, Solon Humphreys, Stephen B. Musgrave,
John B. Frisbie, Edward Washburn, T'homas Nickerson, William S. Warnei and Greenville M, Dodge.
The President is
General U. S. Grant and the Vice-President General G. M.
Dodge. The Executive Committee is composed of Jay Gould,
Frank Work and Russell Sage, the latter being also the Treasurer.
The total length of the road and branches will be
about eight hundred miles, the larger part of which is to be
pushed to completion without delay. The main line of the
Mexican Southern Railroad is to start from the City of Mexico,
where it will connect with the Mexican National and Mexican
Central roads, and with any other lines which may run from
that point northward to the Rio Grande. It is designed especially to connect with the Southwestern system of railroads in
the United States. From the city of Mexico it will run southwesterly through Pueblo and Tehuacan to the city of Oaxaca,
the capital of the State of the same name. The road is also to
run from the Gulf of Mexico into the city of Oaxaca, or to &
point on the line running south from the city of Mexico to that
plase.

BANKING AND FINANCIAL.
BANKING DEPARTMENT.
Hatch, No. 5 Nassau Street, J
YORK, July 7, 1881.
J
In answer to numerous letters of Inquiry as to llie terms on wUcli wo
receive deposit accounts of banks, bankers, business firms and individOffice of Fisk

<&

NKW

we issue this oiroular for tUe general Information of those who
desire to open accounts with a private banking house in this city.
We are prepared, on the terms mentioned below, to receive the
accounts of responsible parties In good standing.
1. Except In cage of banks, savings b.anks, or other well-known ooi^
porations, or of individuals or firms whose oliaraoter and standing are
already known to us, we require satisfactory references before opening

uals,

may

an account.
2. We allow Interest at the rate of 3 per cent per annum on the average monthly balances when the same amount to $1,000 or over. On
accounts averaging less than $1,000 for the month we allow no interest,
3. We render accounts current, and credit interest as above, on the
last day of each month.
4. For parties keeping regular deposit accounts with us wb collect and
credit United States, railroad and other coupons and dividends payable
in this city, without charge make careful inquiries and give the best
Information we can obtain respecting investments or other matters ot
financial interest to them; and In general servo their interests la any
way in which we can bo of use to them In our line of business.
5. We do not discount or buy commercial i>aper, but aro al all time*
prepared to make advances to customers and correspondents on V. 8.
bonds or other first-class and marketable securities.
6. All deposits are subject to check at sight without notice.
;

One of our firm Is a member of the New York Stock Exchange, and we
give particular attention to orders by mall, telegraph or iu person tor
the purchase or sale of Bonds and Stocks on Commission.
We continue to buy and sell direct, without commission,' all Issues and
denominations of United States Bonds for Immediate delivery at current
market rates, and make exchanges for National Banks iu the Banking
Department at W.-whington, without trouble to them.
Our " Memoranda Concerning Government Bouds" will bo sent portpaid on application.

FISK

4c

HATCH.

THE CHJRONK'LE.

194

[Vol.

XXXHI.

was 43% per cent, against 43 3-16 last week; the discount rate was advanced to 3 per cent, from 2}^ per cent. The
Bank of France shows an increase for the week of 90,000 francs

liabilities

DIVIDENDS:

gold and 3,875,000 francs silver.
The last statement of the New York City Clearing-House
banks, issued Aug. 13, showed a decrease in the surplus above
legal reserve of $3,647,725, the total surplus being $2,087,500,
against $5,735,225 the previous week.

TheloUowina dividends have receatly been aunounced:

yame »t Company.

Per

When

cent.

Payable.

Railroad*.
Delaware & Bound Brook

(qnar.)

& Sioux City (quar.)
Nortli Pennsylvania (quar.)
Iowa

..

Falls

Delaware Division Canal

Aug.

16 Aug. 14 to
1 Aug. 16 to
25 Aug. 10 to Aug. 20

(Aug.

16 Aug. 14 to

13i

Aug.

1 13

Sept.

1\

miscellaneous.

Books Closed.
(Days inchisive.)

(quar.)

1%

.

1881.

Ang.

P. M.
Sitnation.— The
stringency in money, advance in tlie Bank of England rate,
decline in stocks, and rampant speculation in wheat and corn,
have been the important features of the week.
It appears that the payments on account of the five per cent
coupon bonds, called in and payable August 12, have been small,
and the bonds, for some reason, come in very slowly. This has

Money

Market

:

I

NEW YORK, FRIDAY, AUGUST

The

The following table shows the changes from the previous week
and a comparison with the two preceding years

and

19,

lSSl-3

13.

Differ' nccsfr'm

1880.

1879.

previous week.

Auj). 14.

Aug. 16.

Loans and dis. $351,,024.700 Inc.
Specie
Circulation
Net deposits

Financial

$399, 900 $306 ,491,800 $274,311,000
68, 330,900
19 553.200
19, ,381.600
20,719,500

71,,841,100 Dec. 4,669 ,800
19.,486.000 Inc.
125 400

. .
.

Legal tenders.
Legal reserve.
Reserve held.

342,,722.400 Dec. 4,620 300
15, 927,000 Dec.
133: 000

298, 691,600

$85.,680,600 Dec.$l,155 ,075
87,,768,100 Deo. 4,802, 800

312,000
$74, 672,900
81, 612,900

248,474,600
43,974,000
$62,118,650
63,527,200

$2,087,500lDec.$3,647,725

.$9,970,000

$1,408,550

Surplus

16,

—

Exchange. The market for foreign exchange, which was dull
and declining before, has been further depressed by the stringency in the local money market. The rates are unsettled, and
quantity to rely upon for relief in cafie of monetary stringency, on actual business to-day prime bankers' 60 days sterling was
Cable
and hence the outlook is not satisfactory, with the surplus quoted at 4 80^@4 81^, and demand 4 83@4 83%.
reserves of the New York City Banks reduced to a nominal tranfers at 4 83M@4 S4)i, and prime commercial bills at 4 78}^
amount as early as August 13 and call loans up to 3-16 per @4 79M.
In domestic bills New York Exchange was quoted to-day as
cent a day in addition to legal interest. The large decrease in
the bank surplus the past two weeks is not accounted for alto- follows at the places named Savannah, buying % off, selling, %

given rise to the suggestion that the amount to be disbursed for
the registered bonds called in for October 1 is an uncertain

:

^

gether satisfactorily, but the best reasons assigned appear to
be the large shipments of currency to Chicago and other western points to sustain the extraordinary speculation in wheat and

to par prem.; Charleston, buying, Ys

demand here for the same purpose. The
Evening Post money article on Thursday had the following

par.

remarks on the prospective disbursements of
between now and the early part of November.

money market, but any decline in price is sure to bring in
good buyers. The continued sixes close at 10154@102, against
102% bid last week fours of 1907, 115>i bid, against 116,5^ last

corn,

as also the

the

too, will.be disappointing.
" What may be called the ordin.ary disbursements of the Treasury between now au<l the early part of Xovember are (1) about $2,800,000 on
September 1. being quarterly interest on 412's; (2) about $7,400,000
October 1, being quarterly interest on the 4's; (3) about .$3,500,000
November 1, being quarterly Intersst on the extended o's, and (4)
about $15,000,000 September 4, being quarterly p.avments ior pensions.
This makes a total of about $28,700,000 cash to come out of the Treasury in the ordinary way between now and sav the middle of November.
Added to the amount before named, which may be drawn on account of
Doud redemptions, and we have a total of about $70,000,000, which
can be got f roui the Treasury in the next ten or eleven weeks, and the
greater part of it within the first half of that time.
" On the other hand, what must be deducted for payments into the
Treasury for customs and internal taxes 1 Of late the customs payments
have been very heavy. In the first seventeen days of this mouth ti.e
cash at the SuD-Treasury here was iucieased from $80,228,000 to $90,562.000, but this included some e.'sceptional or extraordinary receipts.
Ills to be assumed that while there is some doubt as to the amount of
bonds which will be presented to the Treasury for cash payment, or, in
other words, about the amount of money which will come out of the
Treasury for extraordinary payments, there is none about the money
winch will go mto the Treasury for customs .lud taxes, except that the
amount may vary from the best estimates. The customs receipts at
«?.^ il^'.i''/'"'^',"*^."'® >u»"th of July were $12,417,758 22. an average of

tweuty-six business days. The customs receipts dur? .I'°2' i'"'
ngtheflrst
seventeen days of August were $8,849,633 26, an average
of about $090,000 per day for the fifteen business days."
*"*'

decline in

exchange has encouraged the idea of gold
shipments from Europe, and about $2,000,000 are reported
afloat, with advices of probable shipments
to-morrow of about
*2,000,000 more; but the advance in the Bank of England rate,
before the price of

money

St.

;

United

St.ltes

Bonds.

— Governments

fell off

on the stringency

in the

Treasury

" These disbursements in rougli may be put down at not less tban
$40,000,000, tbe estimates being that $10,000,000 to $12,000,000 are
due on account of coupon 5 per cents, which became matured obligations on August 12, and $30,000,000 to $35,000,000 on account of registered 5 per cents due October 1, but payable anytime befi)re that day,,
with interest at 5 per cent to date of presentation. Of course if these bonds
are Qot presented for payment, the money to discharge them will lie in
the TreasHiy: but it has been calculated, and apparently with reasou,
that the bonds on which interest has ceased would be promptly presented, and that those which carry only 5 per cent interest would be promptly presented the moment that money could be lent at a higher rate in
the market; and the fact that $30,000,000 or more cash was waiting
to come out of the Treasury would be sufficient to keep the market rate
for loans a little below 6 per cent. This, we "say, was the calculation;
but thus far it has been a disappointing one as respects the coupon Ds
which matured on the 12th insr.; so far as it relates to the .$30,000,000
or more registered 5s, there has not been time to decide whether that,

The

prem., selling,
prem.;
Orleans commercial, 25 discount@par, bank 100 prem.;
Louis, 75 discount; Chicago, 80@100 discount Boston, about

New

open market warranted it,
seems to show a purpose to check exports of gold if possible.
Money has been active to Stock Exchange borrowers, and on
Thursday the rate for call loans advanced to the highest point,
which was 3-16 of 1 per cent a day in addition to the legal
rate
of 6 per cent per annum. To-day the
market was a trifle easier
but 1-16 per day was paid in exceptional cases, and
brokers
generaUy paid 5@6 per cent and government
bond dealers 5
per cent on new loans. The extreme quotations
of the week
are from 2}^ to 6 plus 3-16 per day.
Prime commercial paper
18 quoted at 5S)6 per cent.
The Bank of England weekly statement on Thursday
showed a
in the

;

decrease of £122,000 in specie, and
the pereantage of reserve to

;

week.

The

closing prices at the

New York Board have

Interest Aug.
Periods.
lis.

Aug.

Aug.

Aug.

Aug.

Aug.

15.

16.

17.

18.

19.

coutiuued at S^a. 3. & J. •102% 102^8
1881
102
reg. Q.-Feb.
4is8, 1891
reg. Q.-Mar. II3I4 •11314
4is8. 1891
coup. Q.-Mar. *114i-.i 114l<>
6s,
58,

48,
18,
68,
68,
68,
68,

1907
1907

cur'cy,
cur'cy,
cur'cy,
cur'cy,
68, cur'cy,
*

This

18

reg. Q.-Jan.

coup. Q.-Jan.

1895. .reg.
1896. .reg.
1897. .reg.
1898. .reg.
1899. .reg.

.r.

J.
J.
J.
J.

&
&
&
&
&

J.
J.
J.
J.
J.

nie^

UG^

'130

131
•132
-133
•134

•102

102

10218 lOl's lOlSg
101^4
1 01 'a

II318 113
*114>4 114
116% 11618 I16ie
11638 llGig *ii6ie
•130 •130 '130
131 •130 *130
•131
'131
'132
"133 -132
•132
•134 •133 •133

morumg

the price bid at the

been as follows:

board

;

no

sate

•112% 112^

'113 3,

113^

115%

115ifl

*116
•130
•130
•131
•131
"132

115%
130
130
130
131
132

•

was made.

bonds have
been dull and prices generally lower. Tennessees new sold today at 68^; Louisiana consols were quoted at 6G@67/2.
Railroad bonds have been rather weak, in sympathy with the
stock market, and the general tendency has been towards lower
prices.
Erie second consols closed at lOlMMessrs. A. H. Mnller & Son sold the following at auction this

Bonds.— Southern

State and Railroad

State

week
Shares.

Shares.

50 Bank of America
143
58 Greenwich Ins. Co
286
30 Twenty-third St. EK. Co.loOig
3 Tradesmen's S.at. Bank. .122
3 Fulton National Biink
143
31 Mechanics' Nat. Bank
I6OI4
1,000 Central Arizona Mining
Co., $10 each
$2 per share.

45 N. Y. Mut. Gas-Light Co. 70
Bonds.
$50,000 Georgia Iron Works
Co., 1st mortgage bonds.
10
Hypothecated)
$12,500 N. Y. & Rockaway
RR. lKt7s.duel901,guar.
byL. I. RR
921b

.

.

(

Railroad and Miscellaneous Stocks.— In the stock market
rather an unexpected pressure was exerted by the stringency in
money. The bank reserves had been declining heavily for two
weeks, but such a scarcity of money as to make brokers pay
3-16 of 1 per cent a day was not looked for in August, and prices
naturally yielded. The pressure in money was freely cliarged

and it has also been a common report of late
that the heaviest operator in the New York market has been a
large seller of stocks during a month or more past, and has no
longer the same interest which he had in supporting prices.
Without vouching for the truth of this report, we give it for whatever it may be worth, as a part of the current street talk. The
railroad war in rates, which bears mostheavily on such trunk-line
to manipulation,

—

stocks as depend on through traffic Michican Central, for example — has had a depressing influence for some time past, and
added to this have been the exaggerated reports of bad crops,
and this week the stringency in money, so that everything at

the moment favors the b"ear side. On the other hand, railroad
earnings are generally large, and the active business throughout
the country should go far to balance the loss of earnings on grain
transportation.

AuocbT

I

TBE CHRONICLE.

80, 1881.1

RANGE

IN PRICES

AT THE

195

STOCK EXCHANGE FOR THE WEEK, AND SINCE JAN.

N. Y.

DAILY HIGHEST AND LOWEST PBICE8.
BTOCKB.

Bataraay,

Monilar,

Tacsdfty,

Ang.

Aug.

Ang.

1».

KAII.KOAII!4.

siiHqiii'tiaiitia
IliisloM
N. Y. Air-I.lim i>r«f..
Kutlal-i I'iIIcImii-kA WcnUini.
c\"M CtMlitr UitpiilH (fc No.

lA.

128

•12S

128

1S8

Allmnv A

IB.

Wednesday. Thnrsday,
Aug. IT.
Aug. IH.

Frl.lar,

Aug.
•136

Isi.

128

*

-•uiliiTn
illi A MllluvsoUt

I

I

L'r
I

.

!ili

Jerncjr

IM.ltIc

,1

I lu,,.ii

Niw

'(

'

.il.e

.

&

OUlo
li*tpr«(

i'<.

n.i

CUuan'i

66 >« oe^.

tlJii'iS'i

96',

lifl'4

()5'V

93 1* 9.S%
28 '4 as'.
•41's 43

H2»,

Alton

.«

B3H 6i\

63\ 64^

O2I3
91

9314

96^
28

28

140

140

169

169

i'57" i'58"

•27',

94

Hi

91
92
26Hi 2OH1
40>« 41

92H)

26 Hi
41
28
ISOHilSgia xl34>a

2il iirot

Ixi

85',
9S>8

m

68:4

89^1

91<4
8994

64
25 Hi 26
90 Hi

26
39
•27
28
28
133 Hi 133 Hi 133

41<«
29=4
34Hi

64
24
93

24

91

90%

25
26
27 Hi
40Hi 40 Hi
28 Hi
27 Hi 28
134
130 131

40

Sales of
the Week.
Shnret,

A Qiiincy.
KaH((-ni IlliiiniR
ChloaKo
CIilca),'ii Mllvuukeu A St. I'aul
pi-ftf
Do
Cliicago A XorthweBteni
pref..
1..... I>o
ObicftKU Hook lal. * Paclnc
CttlcnKu Nt, L. & New Orleans.,

IS6

165 Hi 157

164 14 156>4 154

158

>«

164

Cliicago St.

&

Minn.

I'aiil

Do

Oni.
pi^f

136
•80

i3o'

41 »i

104

*

89 Hi

Col. Cin.
Iml
I'itlsliurp sriinr

41

'<

104

A Clev

Cincinnati SanrtiiHky

Cleveland
Clovehuul

lU'i
i:;2

>.j

wK

A
Colnniblis Chic. A lull. CeutnU. '22'i 22 Hi
ImnlMirj' A N<trwalk
Delawrtie Lackawanna A West. 124'%126m
98 "9 1*9
Denver A Kio (iiande
".J

Dubuqiio it Sioux City
Kast TenncsHee Va. & Ga

Do
KU. * Hanking

Georgria

Hanulbal

&

A

West., new.
Northern.
Des M'oiues
pref

A

2034 Jan. 19
3234 Jan. 12
23 Jan. 25

1,60.-1

530

1,038 132

Apr. 19

140
154

Mar. 23
July 20

6,611

90

Do

A

Lonisvillc
Lonlsville

.*t

Nashville

A

Chic,

91
92
II6H1 112=4 114 Hi

115

'e

132 Hi 130

in»j

E.-^sex

A

St. L.

.

Do
Norfolk* Western
Do
pref

Do

pref

Ohio Central
Ohio A Mississippi

Do

l9ii'l93«

Pliiladelplna

A

Ueading

I>o

A

Do

.

..

Istpref.

19 Hi
30

42

44

I'aclBc

'.

Union lacillc

Wabash St. Louis APaciflc
Do
Tjref

78

125
89 Hi
144
106

43%

Hi

MISCEM.AXEOi;s.

Unaware A Hudson Canal
New York A Texas Land
Pacific Mail
Piilluinu Palace
Sutrti Tunnel

32=4

185
32 Hi

60-%
4118
81 '4
27 18
373,

27 Hi
38 H

2T1,

185

Si's

321-:

fil

6834

60 14

41^,
81 'i

40'% 41

6314

A

M-4

65
55
31 Hi 32 Hi

80 f, 8lh

28

28

24

24

11

11

11%

11=1

70

T4

77 14
74
80 's 81 14
92 i% 941,

41 7(^

,38 Hi

3034

3134

182
30

55

5334

2714

37 »4 SB's

38Hi 40I4
78=8 80 Hi
25 '4 28 Hi

3118

65% 58
3834 401^
T8% 80 14
25 14

•37

38k
6214

3

.

63\

403^

80% 82 't
93% 94 14
38=8

104
101%
3234
33 Hi
123
85
8GHi
142=8 142%
106 Hi 106
43
42%
82
83

3934
10234

33%
1233^

85
142^6
10634

42 7;
82 'e

29% 30%

2834

5C%
.3914
76% 79 14

56% 57%
38% 3939
77% T825
25%

38

20

25

373,

36%

251.
371,

34

3434

3tS34

3734

251a

2518

25%

25 '8

35

38 14
62

35
61

35%
62%

6O34

28 Hi 3OI4

76
76
107 14....

49 'a

4flHl

5IH1

51Hl

61

62

26

27

26»4

2634

30

3638

37

33% 35%
62% 63

26 34
30

27

41% 45 H:
27
27%

30

75Hi

75Hi

107 1» 108

75
107

50
75
108

Nav. Co..!"

56 's 5734

American
United states
Wells. Faigo A Co

AND IMIMNG.
'eal

Col,,iacloc,)al A irbii .'!.'.' .'."."!
CouHiiliclalion Coal

llo»<slake Mining...

65 Hi 58=4

110
50
164

pref

633,

64

13j

13<

88 '4 883<

63%

63

Dead wood Mining

Elcclslor .Mining
New Central Cnal
SIlTerClln Mining
ai-e

the

62%

45% 45%
Tl% Tl%

53=8

50

63

503b

134

49
103

50%
142

135
84
•68
•125

1.35
8.5

70
135

50% 62
•18% 19
•2% 23^

26

26 14

I6H1

16'4

25

62 Hi
431a
2'4

43%
2'.

""'

21^

62-

213.

1%

138

133

84% 85
66% 66%
125

135

48%

6O34

40
'18% 19

•2%

'

4816 431s
21.

21.

8^«

81,

2

84%

135
85

130

135

46

48

sale

18% 18%
•25

85

86%

135
84

135%

47%

2%

•734
•'26

waj oude at fje Board.

"

237

4834

2%

8%

24
9
6

46
53

4

03

May

19
6

Jnne 2
Jan. 27
June 2
Jan. 20

124%
130
146<a

98S

129 Hi

53

37% 60%

9
20%
25
43%
20% 42%
95
138%

June 30 20

Jan.
9
Aug. 19
Jan. 4
Jan. 7
Feb. 18

24

Feb. 21

117%Junell 30
46% Feb. 14 21

69% May 26 30

Jnne 29 74% Feb. 12
Jan. 6 73% Jnne 9
4 115% Mar. 7
Jan. 16 49 Aug. 2

17*
109

67%
50

30

141% Aug. 13
88 % May '23
75 June 11
4 142 June 18

116 120 Jan.
865 62% Jan.
206 61%Jan.
125 112 Jan.
8.500

100
25

15

iiooo

BO

100
T75

60
35

6
6
4

May

23

Jan. 3
Apr. 10
15% July 15
I'aJan. 6
=4 Jan.
4
26 Jan. 6
33% Jan. 10
13 Jan. 6
53 Jan. 5
21 Aug. 6
25 Apr. 27

31

65
67

Aoir.

2T

Lowest price la ei dividend.

Ill

23
7

Jan. 15
29% Jan. 4
8% Feb.
9
Apr. 22
35 .May '.'7
.38% June 10
21% July 7

75% July
27
45=4

.

3% Jan.

May
June

43

7
l%Julyi!5
10 Juno 1 20
.7 June 8 14
7
1 June 8

26

81
63

60
40
60
25
Feb. 21 102

2,027 135 Jan. 3 190
32.375 4534 Jan. 4 62% Feb. 18
1.300 130% May 14 151
Ian.
3
3,.750
1
Feb. 6
2% Apr. 13
143,124
77 Apr. 19 94 June 20

"306
t

ll4>«

9% 26%
60

June 22 48 June 23
Feb. 25 110% May 18 77

89% Jan.

b',2'Z3

100

"38"

160 >
183 <3

24 May 2
18
15 May 21
2% 12%
4,200 41
93 June 13 29% 43
7,140 7834 Aug. 10 126 Feb. 14 83
121
81,045 92% Aug. 18 126% Jan. 20 75
130%
900 42 Mar. 22 64 'b June 2
53 May 20 59 May 27
48,560 38% Aug. 18 64 May 21 28% 49%
25,750 85 Jan. 28 114% June 14
2,400
18% Feb. 26 3934 June 23 12
29%
1.434 118 Feb. 25 131
June 3 100 123
8.700 63 Jan. 6 102 Mar. 21 47% 128
24,063 140 Fob. 25 155 Jan. 3 122
155%
800 103 May 4 130% Feb. 15 109 127%
66,250 41'i July 26 52% Jan. 16 30
51%
2,400 80% July 27 95 Jan. 10 47
98%
60 Jlay 10 84% June 11
36 164% Mar. 25 190 June 13 155
180
22,785 28 Jan. 4 43% Feb. 2 20
32%
70 May 14 90 Jan. 29 70
86%
23% July 14 20 Aug. 2
7,050 53% July 27 70 May 26
18,769 3234 Jan. 13 51
Mar. 17 20
36
54,032
64% Jan. 25 88% June 24 39% 67%
4,850 23% Jan. 5 37 'a May 21 14
28%
21,000 36 July 25 4T'8May 20 23
44%
May 21 57 3^ 102
9T34 Jan. 8 126
500 24% Aug. 11 37% June 10
24
219% Jan. T 280 June
168 225
2,740 2Ti4Jan. 4 57% June 22 18
28%
31,400 50 Feb. 25 73% Feb. 9 13% 72%
12T Jan. 19 142 May 17 112
129
25 130 Jan. 7 140 June 10 111
129
800 41% Aug. 19 80 June 23
2,100 26 Apr. 14 50 June 18
100 25 Apr. 1 50% June 3 19 '( 36
300 39 Feb. 28 77% May 12 16
42
86 July 19 4334 May 25 42% 112
1,050 39 Mar. 24 55 June 14 251, 48
2,800 61 Jan. 4 81% Jnne 3 33
65
195 90 Feb. 25 115% June 29 60 100
26 Feb. 9 42% May 4 25
40
106 70 Mar. 8 89% May 25 50
79%
200 88% Jan. 7 107 July 9 67
88
43% July 16 44% July 16
37,650 41% Jan. 4 73% June 14 30
47%
4134 May 13 47% May 23
800 23 Mar. 10 38 May IS
48,260 105% Feb. 25 13134 July 2 80
113%
84,550 39 Feb. 25 60 Juue.30 26% 48
53,649
77 Feb. 26 96% May 16 61% 88%

1.800
3,350

2%

June

15% Aug.

890
600
200

300
16

21% 22%

2%

85

Jan. 8 92
Jan. 10 30%
Jan. 4 56
Jan. 4 6534
Feb. 25 13534

16% Jan. 26 38

1,200

26

36
16
60

2%
27

4838
B5

•66

2=4

25
60

27

pncea bid and asked— no

1% 1%
84% 86%

1%

8538 87

"l6%"l'5%

*2i%'22

27

122%

47% 47%

134

86% 88 -e

51 '8

10838 lOS'e 107% 109
108-36l09%
•40
•40
50
49
47
47
163 163
160 162
160 160
49
60% 47=8 49% 47'8 49%
142 '4 142% 138% 142 •139 ...

•35

'

Caujcron Coal
Ciulial Arizona .Mining
Cumberland Coal A Iron

84

72=4

•35

'26'

•26

•40

163
50'8
49
I43I4I4314 142

I4IH1I4I Hi X1.3S 140
"84
85 Hi 86
86
60 70
69
69
131
135
130 135

•19"

Standard Consol. Mining'"

84

72

48

47%

108% 109%

sols

Mining

Do

52 14 65

47
1093411014 109
•47
-40
50
164

Little Ptttsllmg^rlnlng..!;.

Maiylanil Coal ...
Ontario Silver Jlluing
Quicksilver Mining ...'.'.""

108

28 's 28 '8
2634 27
2834 283.
27
123 Hi I2OI4 125'« 125«B 123 124% 123 I24I4 12138 123% 121
60 Hi 513.
48ie 40%
47 'b 49%
47
48% 47%
49Hi 50H!
85I4 87%
88=8 90
37 Hi 881.
86% 86 's 8334 85% 8334

1=8
1»P
8834 89 Hi

Adams

47% 48
74% 74%
108

101%]01»s

60'% 61 Hi
142-1 142 Hi

These

61% 62%

45
.

42
79
58

1218
9
78I4

84

42.1b

44

30

43 14
85

142Hi 143-4
10638 100 Hi

706
100

6,426

34 14 35
32 Hi
123 Ts 123'8
85 14 87 Hi
82 Hi
143'i6
14238
142
106 Hi
105 Hi
4234 431,
42
84
81=4
84

45
493,

<,'ar...'!'!.'!."..'"

A

60
14

41
4.810 38%
202,650 118

14,460

140

West. Lnion Tel., ezcertiflcstes

Mariposa Land

3a%Ang.l8 57% May

2,200

21%

95

.32'8May 20
77 Mjty 24
4 131
Mar. 9

159%

17 Aug. 17 21
Aug. 4
40 30' Aug. 11 33 Aug. 6
200 175 Aug. 17 175 Aug. 17
4,650 4434 Jan. 4 98
Aug. 13 22 't 60 'a
14,200 94 Feb. 26 118 July 7 63% 105
100 63 Feb. 26 108 Juucl8 40=4 91%
14,330 124 Jan. 4 146% May 21 99% 127%

10038

813<

14
14
14 17
156 Jan. 6 99%
163 Jan. 7 117
182% Jan. 17 113
96 May 17
120% Jnne 6 66%
140 May 26 99
136 Jan. 19 87%
147% Jan. 17 104
148% May 21 100%

97%
2»U
80%
27%

1,300

1834

104^10534 10334 10514 101
35
351.
124 124
84 34 87

1231,

81H

29'
90 Vt

Jan,
68% 110%
82% Jan. 4 113% June 7 61% 86%
76% Apr. 8 88 Jnne 14 60
83

91 ,700

98%

4034

lOSVjlOT
35 Hi 3fl3j
124 le 125
12.5
90 '1
88
90
1443i 143 Hi 14414
106 lOT
108
44 H: 43Hi 44
1-

421.

122

5234

6II1

80 <•

May

May 12

104,700 107

I8H1

49 Hi 5II4

81 14
93=8

52=8

120

SSifMay
48% May
30't

35%
7

7

Feb. 17

92%

30
147
27% 63
107% 146

%

4%

106% 12«:
64
42
100

66%

65
118

65

K

28
26

3934

19% 42%
l'«

2%
16

39

80%
37

30

89%

45
20

78>a

a
28

31 >

34%

May 26
Feb. 14
June 3
Jan. 3
Jan. 8
Feb. 9
Apr. 13

.

iH80.

Low. HIgb

4

1934 Jan.

60

18 14

02

41

American District Telegraph
Canton Co
Orcirou Railway

7366

98Hl 99Hi

101%

92
18
30

42^3 43=8

pref

(

129% 130

200
7,675
13,199
1,700
8,600

I8I4

99

43 '6 44 -V;

A Manitoba

''.
A St. Louis
I
Toledo Delphos A Burlington

*

93'^

78
80
80
81
93 Hi 95Hl
6i
52 Hi

Dnlnth

Do

COAI,
AmeHuan

101

80
80
82 14
81
95 Hi 97

83
's

4934

pref.

Paul .Minneap.
Scioto Valley

A

93
93',
llSHlll4Hi

Iiref.

San Francisco

St.

Texas
Texas

98 Hi
93 '4
18
30

98%

81
97

Peoria DecatnrA EvanSTlUe...

A

46

9314 9314
112 Hi 114 '4
91
91
1283, 1301,
38 Hi 44 '(

17=6

prsf

Pittsburg Ft. Wavne A Chtc...
Kensselaer A Sai-atoga
Kich.A Allegli., stock trust c'tfs.
Rochester A Pittsburg
Rome WateHown A Ogrtensb'g
St. Louis Alton A Terre Haute.

St.

46

9

Panama

Do
„
Paul

132!,

120»B 1223, I2II4 122»i
8736 89 Hi
87
91 '4
17=8

116'<
•91
97
ISO's 131

1218

Ohio Southern

„.

17

175
94

21 a.

2IH1

pref

Northern Paoiflc

Louis

17

21>4

53 Is 54
51 14 53'.
63 Hi 54
63:4 63Hi
123igl23'e 122'el23'4 122 14 12334 1211% 123
47 Hi 47 Hi 45
45
47H! 4THi
20
20

34

KIT'S 107
*35 Hi 37

,

New Yoi-k Centi-al A Hudson
New York Elevated
New York l-akeKrle A West..
Do
pref
New Y'ork A New England
New Y'ork New Ha\en A Hart.
New Y'ork Ontai-lo A Western

,

21 'b

175
92
113

46 Hi 46

46

102 Hi IOII4IO214
94

102
94

80 Hi 81

Nashville cliattanooga

,.

2114

pref.

2il

I'acitic

St.

39
40
101 Hi 103 Hi
i)0
SO
88 Hi 89

Ciucinnati, 1st pref.

Ohio

A

Hi

76,1 (HI

125
44,225
1.110
3,625

200

IHI4
*31

Metropolitan Elevated

A

134

pref...,

Michigan Central
Milwankeo L. 8h. A \Vest.. pref
Milwaukee A Northern
Missouri Kansas A Texas,

Mohile
Morris

136 136Hl 138 H, 137
183 '4 134 '4 133 >4 133 Hi
77
78
78
78
S8H1 39»8
38 Hi S9Hi
100 Hi 101=, 100»4l01Hi
SO '4 50 '1
87
88 Hi
87 Hi 88H1

1.37
Hi

123l!tl24'a 12258 123 Hi 122 Hi 123 Hi
9.S
05=8 9T=8
89 Hi 98 Hi
99
«82 ....

tlSSialSTH; 131
49^« 4814
45

123=8 124

Do
Memphis A Charleston

M isi*nuri

98
117

115

Missouri River

New Albany
Manhattan
Manhattan Beach Co
Marietta

137
134

FuU

Ymt

Apr. 21
101% Feb. 26
1 17
Feb. 25
117 Feb. 25
131% Feb. 26
129 Feb. 26
40 Jan. 4 88 May 23 22
38 July 26 51 Jan. 22
91 Feb. 25 109% Jan. 24
41% Feb. 1 68% June 22
81
Feb. 25 10134 May 23 61
127% Jan. 29 142 May 10 106=4

lit.

Lake Erie A Western
Lake Shore
Lonp Island

A

122^ 123 Hi 122 H) 128 Hi

Z2i«

22

ilS^i iVi^il2Hi

12314 124»4

18',

94
pref...

International

Loiusiana

M

Texas Central

Illinois Central
Indiana Itlooni'u

Keoknk <v
Do

12»i%124'%
138 138
134 Hi 135 Hi
80
80
40'.
40<g 41H>
39
liMHjlOS'i 101 Hi 103
62 Hi
89>4 89Hi
88 la 89

pref
Co...

Joseph

<& St.

Do
Honstnu

18

IKHjll*'* il2>iil3»B H2«»11»»B 111

HlghMt

Lowest.

1,015

.i^

114
132

1, 1881.

200 120 Jan. 6 131 May 16 100
4S Apr. 7 71% July IS 87
87 Feb. 26 48'aJanel6
69 Feb. 24 00 May 20
9,775 62'8Jnly 16 90 Jan. 14
3(H)
16 Jan. 18 40% June 20
83.189 82% Jan. 4 112 Feb. 17
16.920 K0% Pel). 25 102'.Jnnal8

jiref

CIiica«(i ItuillnKtnu

Rang* Since Jan.

1.

For

34

70

11% 26%

6
20

2%

26%

36
6«''

THE CHRONKJLE.

196

xxxin.

[Voi.

QUOTATIONS OF STATE AND EAILROaD BONDS AND MISCELLANEOUS SECURITIES.
STATE BONDS.
SECURITIES.

SECURITIES.

Bid.

Michigan
68, 1883
78, 1890
Missouii—
68, dnel882orl883..
68, due 1886
68, due 1887
68, due 1888
35
6s, due 1889 or 1890
Asyl'm or Univ.. due '92
Funding, 1894-'96
15
151!
Hannibal & St. Jo., '86
Do
'87
do
15

^abama—
Class A, 3 to 5,1906...
Class A,2Ui&, small. .
Class B, 58,1906
Class C, 4s, 1906
68,10.20s, 1900

80
95
80
102

Arkansas
6b, fumleil. 18991900..
Ft. W. 188
78, L. Rock
78, Memp. <& li.Rock
78, L. U. P. B.<t N.O.
78, Miss. O. &K. R.-RR7b, Arkansas Cent. RR-

&

HR
UR

Connocticat^6s, 1883-4..

Oeor^ia—6s, 1886

27

. . .

10
10
10
10
103
111

116

Xoiiibiuna
7s, consol.,
7b, small.

67>3

66
60

1914

68,
68,
68,
63,
68,
68,

gold,
gold,
loan,
loan,
loan,
loan,

coup., 1887

N. Carolina— 6a, old, J. &J.

37

Cs.old,

Do

New bonds,

111%

Do
Chatham

1121a

115
110
110

13
13

1868-1898.
J.AJ., '92-8

RH

5

Special tax, class

Do
Do

1,

'98.9

6
6

class 2.
class 3.

6
87
85

Consol. 48, 1910....

Small

...

Tennessee— 6».
16
15
8
8
8
8
90

111

68, 18.96

113

Rhode Island
68,

Ala. Central-l8t, 6s, 1918
<t S.

Fe— 4 1^,1920

102 12

Balt.&C— Ist, 6s, Prk.Br. *il3Boat. H. & E.— 1st mort.. 175
Bnr. Ced. R.& No.— Ist, Ss 1013<
Mlnn.& .St. L.— 1 st.''8,gu
Iowa C.& West.- ist, 78

tl'24

105 12 Houston

C.Rap.Ia.F.* N.-l8t.6a
Central Iowa— 1st, 7s. '99
Cheasp. A O.— Pur. ni'y fd.
68, gold, series A, 1908.
6s, gold, ser. B, int. def
6s, currency. Int. def ...
Chicago & Alton— Ist m..
Income 78, 1883
Sinking fund, 68, 1903..
Joliet & Chicago Istm.
La. & Mo.— 1st m., guar.
2d mort., 79, 1900

1161.2

861a
573.

—

120

Miss.R.Br'gc— Ist.s.f. 69
C. B.&Q.— 8p.c., 1st m..'83
Consol mort., 7s, 1903..
68, sinking fund, 1901..
C. H.I.& P.— G9,coup.,1917
68, 1917, registered

Keo.& Des M.— Ist,

Adjustment,

107
107

106
131

110
121
118

g.,58

ni.,'90

78, 1903...

Leli.&W B.— Con.g'd.as,

HIO
106
109

1061.J

Am. Dock & Im.— Ass'd, 135

i3(3'i.i

C. M. & St. P.-lst,8s,P.B. 133
2d m., 7 3-10. P. D., 1898
Ist m.,78, $ g., R.D.,1902

Extension

A
W.— Ist, pret., 78

125i.i

123"

09
106

Lake Shore— Div. bonds
Consol., coup., 1st., 78
Consol., reg., 1st, 7a...
Conaol., coup., 2d, 78..
Consol., reg., 2d, 7a ...
Nashville
Louisville.
Consol., 7s, 1898
2d mort., 7s. gold, 1883.

Gen'l mort., 68, 1930..

Pensacola Div^68,1920
St. L. Div.— lat, 6s, 1921
2d mort,, 3s, 1980

Nashv. A Dec— Ist, 78.
8.A N.Ala.—S.f.,6s,1910

A W.—Ist, 6s,1919

Sandusky

N

Div.. 68, 1919,
,

.

134 la Marietta A Cin.— 1st, 78..
109
iBt mort., sterling
111
Metrop'lit'n El.— l8t,1908
127
2d mort., 6s, 1899
125', Mich.Ceut.— Con.,78, 1902
111
lat mort., 8», 1882, s. f..
111
Equipm'nt bonds, 8s,'83

J
Sinking funil, reg...
*l'28'
68, 1609
Galena <fc Chic.— Exten 100 101
Coupon, 58, 1931
Peninsula— Ist m.. conv. *120
Begiatered, 6a, 1931....
Chicago & MIL— Istm.. tl25l4
Jack. I.an.A S— 6a, 1891
Winona & St. P.— Istm. 108
Mil.ANo.—
l.at,4-5-68,1910
2d mort., 78, 1907 ....
124 12412 Mil. L.S. AW.— 1st 6s,1921
C. C. C.4 Ind'a— l8t,7s,s. f. 125
Mo. K. & T.— Gen.,con., 6s
Consol. mort.,

Iowa Midl'nd— 1 St m.. 8s

7b,

1914

C St.I..<feN.O...Tcn.lien,'r8

Cons., assented, 1904-6

iis'

Istm., cuu., 78, 1807....
119
C. St. P.M.& O.-Cona., Ga ioi'^; 102
C.St.P.<tM.-.l8t.08,1918 1121.J 116
J.O.

Wiac- lat, Os,

1930.

StP.&S.C.-lat, 68,1919
Chtc.& E.lll.-l8t,a.f.,cur. 110

lis'

113

W

Del. L. &
78, conv. '92 tll9
Mort. 7a, 1907....
125
8vi-.BinK.& N.Y.-l8t,7s 125

Morris & Esaox— Ist
2d mort., 1891.
Bonds, 7s, 19(H)
780f 1871-1901

l.W
126

m

118
i22'

l8tm.,conKol,,guar..7a

128

Bel.AH.C— l8tni.,7s,1884 t....
106
l8tmort.,7s,
1891

120

i'20"

Ist mort., ext., 78. 1891 t
120
1st mort., coup 78, '94 t
121
Ist mort., reg., t«,'94...
iBt, Pa. Div., cp.,78,1917 iso"
Beg., 7s, 191*?
1271a
Alb.
Su»q.— Ist m., 7s JI14
2<1 mort., 78, 1885
109
l»t,con8., gnar.7s,1906 126

A

Kens.

A Bar— Ist,

coup

138
138
Hio Or.-i»t,1900 115

Ist mort., reg., 1021

Bcnv. A

l8t, con.sol., 78,

118

1910..

1121-2

g

J.Va.,ftOa.-l8tcons! os
"J?*—.'"' mort., extended.

Mobile A O.— New m., 68.
Nash.Chat.A St.L— Ist, 78
2d, 6s, 1901
N. Y. Central-68, 1883
6s, 1887
68, real estate, 1883

131

58, lOltf

122
104 Is

r

Tex.

130
130
1271
127

Registered

Os,

Norf.AW.— (J.l.m.,6s,1931
Consolidated 78, 1898...

Ohio So.— lat M.,

And aocraed IntsiuBt.

A W.B.Coal— 1888
Laf.Bl.AMun.— Inc.7s,'99
51 il. L. S, A W. — Incomes.
Mob. A 0.— lat inet.dehen,
Lehigh

Ohio .So,-2d inc., 08,1921
Ogdeu.ab. A L,C.— Inc,1920

1073,

Peoiia D.

109

A Ev.— Incomes
Evanav. Div.— Inc. ,1920

&

105
1061a

103

I'd gr., reg,

76 't
9134

RR—

m

138
tl31
tl-29

129

Ch.A I. C.-l8t, cona

con., 7a, 1909
lat, Tr't Co. ctls., aas'd t

113
103

125

2d, Tr't Co. ctfs., aas'd
Isi.Tr't Co.ctfs.,8uppl.

St.L.V.AT.H.— lat,g.,7s
2d mort., 78, 1898
2d m., guar., 7s, 1898.

t...

49
48

78"

86

78
"is"

981a

96H
30
30

88
70
65
57

(Broker's QimtatioTis.)
1'4
Bost. Har.
E, new stock
I's
50
60
Chic.A Can. So.— 1st, g., 78
S'wcst.— 78, guar. tl23 125
Chic.
Chic—
Cin. Ind. St. L.

A

A

Istmort., Os, 1920

Cin. A Ind.— Ist, 78, 'Of'
2d, 7», 1887
Laf.— 78, '97
Ind. Cin.

A
1888
A Hock. Val.— lat, 78.
2d mort., 7s
Col. A Toledo— lat m., 78.
7a,
Col.

2d mort,, 7s

2d

90
100
67
64
64
92
56

Miscellaiieons List.

A

102

c.

171a

961a

2d in-ef, delientures
3d pref, debentures
4th pref, debentures

ui'

71
691a
691a

110
107
113

115

tii5'

1107
1'20

115

Dea M,A Ft.Dodge— Ist.Oa
70
Galv.H.A Hen.— 78, g., '71
Gr. Rapids A Ind.— Ist, 7s 110
1115
Ist mort., 78, guar
101 la
Ex-land grant
10

Stock

107
114

124
118
110
80
122
106
20

Rome W.AOg.— Con.,

lat.

.

.

m

Equipm't bond8,7a,

'83

lU.AS.I.-lat, 7a,1882

100

Clarinda lir.—68, 1919
St.C.B.— lat, 7-88,1908
No. Missouri— Ist, 78.
Weat.U. Tel.-1900, coup,
1900, reg
Spring Val. W.W.— lat, 6a

Cent.

117
1171a
102
105
I'U
1211a
1211a

Oregon BB. ANav.— l8t,63 110

102
102 'a

97
105

(Interest payable if earned.)
"981^ Ala.
Cent.— Inc. 6s, 1918
1071- Central of N. J.—
1908
123
ChicSt.L.AN.O.— 2d,1907

941a 100

AW.— Inc.

7a. '99

19'20

Stock

Georgia Railroad — 78
6a
Stock
Tenn.

N. O.

A

Jai'kson- 1st, 8s.

Ceililicate, '2d mort., 8s,

Rich. A

Dan.— Ist, cons., 6s

Stock
Southw. Ga.— Conv. 7s, '86
Stock

t

100
100,
*70

S.Carolina RR.— 1st m.. 78
Stock, assessment paid,
7s, 1902, noil. enjoined ..

Non-mort. bonds
Westei-n, N.

Ho pnce ErlOay—these aie latest quotatlonn made this week.

C— lat.

115
111
99
83
101
122
120
114
108
61

120"
124
112
175
120

lieu,.

Nort Iu'ast,.s,C.— 1st m.,8s
2d mort., 88
Port Royal A Aug.— l8t,68

I

Sand'kv Div.— Inc..

m., 7s

ChicSt.L.A N.O.—New58
E. Tenn.Va. A Ga.— l8t,78

Ist, consul,,

Col.Chic A I.('.-Inc'?s,'90

Lake E.

Ga.— Consol.

Stock
Charl'te C.AA.—Con80l.78
2d mort., 78

Miss. Central— 1st m., 7s.
2d mort., 88

i22"
Cent. la.—Coup. deb. certa
1141a ChicSt. P. AM.— L.g.inc. lis
Chic A E. lU.— Inc., 1907
iod
E.T.Va.AG.— Inc.,08,1931

Ind.Bl.AWest.— Inc., 1919
llOia Ind's DecASpr'd— 2d inc
1081a'
Truat Co. certificates...
109
Int. A Gt. North.— 2d Inc
1151a
2d aaaented, 6a, 1909.

Gulf— Consol.78,'97

Memph.ACliar.— lat.cous,

INCOME BONDS.

95

A

Atl.A Chiirlotte— Ist, 78..
Income, 6s
Stock
Car. Central- Ist, 6s, 1923

noo

St.L.K.C.AN.— R.e.,78 115
Om. Div.— 1st mort., '78 117

100
102

120

Atl.

11213

A

Han.A Naplea— 1st, 78

RAILROADS.

50
106

Conaol., conv., 7s,1907
Gt. West.- lat, 7a, '88
2d mort., 78, 1893..
T.— l8t, 7s, 1890
Q.

"94 la

6a,

t

112

N.Y.LakeE. A W.— Inc.Os.
N.Y.P.& O,— 1st inc,.lc.5-7
N.O, M,A Tex,— Deb.scrin
1141a Ohio Cent,— Income, 1920

12

Indianap. AVinc— 1st, 7s lU
95
102
2d mort., Os
103
tl02
85
KanaaaANeb.— Istmort.. 75
119
102
30
40
2d mort
108
1041a 106
112
Island— lat mort..
Long
108 "a
119»2
tll6
103
iba"
2d mort
110 112
95
98
Midland of N.J.— l8t,new105
1131a 1131a
16
17
Income, "A"
106
111" 112
11
13
Income,
"B"
UIO 112
341a 37
Stock
108
Gcn.c.r'yA Lg., 58,1931
93
107
N.
J. So.— Int. gnar.,6s.'99 103
St.L.Altou A 'T.H.— Ist m.
61
L.— lst,78,n 55
2d mort., pref., 78, 1894. 110 i'u' N.Y.AG'nw'd
17
19
2d mort
1001*
2d mort., income, 7s, '94 106
85
93
St, Joaeph A Pac— Ist
BellevilleAS.Ill.— latm. 115
35
45
2d
mort
t:26 128
St.P.Miun.A Man.— l8t,7s till
171s 22
St. Joa. A West'n— Stock.
110
105
2d mort., 6a, 1909
1:106
1091a South Side. I,. I.— l.st,
100 108
Dakota Ext.— 68. 1910
109
93
Tex.,!; si. I..— lst,(is,1910
Tex.Cen.— l8t,a.f..78, 1909 ii'i' 112
Utah Cciitral— Isl mort. ibs'
Tol. Del. A Bur.— Main. 63
94
112':
Soullu'vn—
1st mort
Utah
lat, Davt. Div., Oa, 1910
80
79
Wis.Cent.-lat series, new
lat, Tef'l trust, Oa, 1910
59
2d series, new
102
t
W. si L. A P.— Gen. m., 0;
102
107
t
Chic. Div.— 58, 1910
93
Sonthern Securities
t
901a
Hav. Div.— Os, 1910....
105
(Broker's Quotations.)
106 107
Tol.P.AW.— lat, 78,191' 117 118
STATES.
79
Wabaah— Mort. 78 of '09 108 108
113
106
80. Car.— Consol. 6s{good)
ToL AW.— Ist, ext., 7a 108
113
conaol
106
tll2
Browne,
lat, St. L. Div., 78,1889 110
ii'i'
llSia 119ii
5413
Vtrginiar-New 10-408
2d mort., ext., 78, '03.. 110

8. f.

2d consolidated, 7s,1911

small
registered

58,

Roch.A Pitt.— l8t,G8,1921
Rich.AAU'g.— lst,7s,1920
Scioto Val.— lat, cona.
St. Louis A I. Mount.— lat
2d mort., 7a, 1897
Arkanaaa Br.— Ist mort.
Cairo A Fulton— 1st m.
Cairo Ark. A T.— lat m.

1921

N. O. Par.— l8t,68,K.,1920

10t

Clev.APittab.- C'on9.,8.f tl28
4th mort., 6s, 1892
(113

323

1905

m., 6a
N. Pac.— «.l.gr.,l8tcou.6s

Mo.— latm

Pa. Co's guar. 4128 1st
Registered, 1921
PJtts.Ft.W. A Ch.— 1st
2d mort., 7s, 1912
- 3d mort, 7s, 1912.

107

N.Y.Pa.AO.— Pr.rn,68,'95
N.Y.C.& N.— Gen.,6s,l 910
N.Y.A New Eng.— let, 78
6s,

ni4

l8t,HloG.Div.,0s,1930

Pennsylvania

105 ioii'
112 112
104
68, subscription, 1883.. 104
N. Y. C. A II.— lstni.,cp. 137 13314
lat moi-t.. reg., 1903 .. ;137
HudB. R.— '78, 2d, 8. f .,'85 110
Canada So.— lat, int. gu.
99 14 100
Harlem— lat m., 78, cj).
140
iBt moi-t., 78, reg., 1900
134-2
N. Y. Elev'd— l8t, 78, 1906 116 '< 117

latm.,

113

Peirco C. A O
7a, 1895..

A Pac— lat,G8,1905

Income

no5

Nevada Cent.— Ist

10814

Conaol., 68, 1905

1041a 1051a

San Joayuin Branch. ni2
Oal..t- Onuron— 1 at ni
tln7'

i'nceo noiuiiud.

lat, 6a,

Col.

A

78.1920

*

120
127

1899

106
106
106
112

12334 129

Equipment,
So. Pacific of

..

1921.
now, Panama— S.P. sub.6s,18il7
7». 188.*!
llOi-j Peoria Dec.
Ev.— lat, Os
Jth mort., exfd. 68, 1920 tllOia
Evans. Div., lat, Os. 1920
6tlimoit.,exl., 78. 1888. »I12
Pac. Bits.- c.Pac— (i.,«s
Ist.consol., gold,
mort.,

128

Istm., Spriuglleld Div..
1077, Ohio Cent.— Ist, Os, 1920.
92
1st m., Ter'l Tr., Os, 1920

S®,?^-,^"!!** ''at— l»t. '

M
exfd
Sdmort.,

2d mort., income, 1911.
H. * Cent. Mo.— lst,'90.

Ohio A Miaa.- Consol.

.

104

120

CeciUan Br'ch— 78, 1907
N.O.AMob.-l8t,68,1930
E. H. A N.— 1st, 6s, 1919 100

N.Y.A M.B-h- lat,78,'97

bonils, 7s, '85 t

10414

.

loo's Laf. Bl.A M.-lst, 68, 1919
97
Lotdsv.
A 11 1. AC^l at 08
112
Manhat.K'ch Co.— 78,1899

1st mort., 7s, 1885
Coupon gold, 7a, 1902...
Keg., gold, 7s. 1902
Sinking fund, 6s, 1929.

:100

103'

1890

08,

Columbia^

1924
Small bonds
Registered

Roch. A ritta,-Inc.,1921
Atch.C.AP.-Iat,6a,1905 101
St. Louis I. Mt. A So.—
102
At. Jew. Co. AW.— Ist.Os
lat, 7s, pref. int accum,
Utah So.— Gen., 7s, 1909 1121a
2d, Os, int. acc'mulative
Mo. Pac. — lat consol.. 6a t...
1081a St'gI.AR'y-Ser,B„inc,'94
122
3d moitgage, 7s, 1900.
Plain Income Os, 1890,.
Pacilie of Mo.— 1st, Os .. 108
St,L,A.A'r,lI,-Div, b'nds
115
2d mort., 78, 1891
Tol.DcLA B,— Inr,6a,1910
St. L. A S.F.— 2d, 6a, cl.A
Davton Div,- Oa, 191(1,
195
3-6a. class C, 1906....
Tex.ASl.L,— L,g.,inc.l920
95 Is
3-6s, chlssB, 1906....

129
130

New bonds, 7a, 1886. tiio'
Cleve. P. A Ash.- 78.... 117
Buff. A Erie— New bds. 124
Buff. A State Line— 78..
Kal. A W. Pigeon— lat
Det.M. A T.— l8t,7s,1906

II6I2 L. Erte

no

112

115

91
1st mort., 3.4-5-68, 1909
76
2d mort., 3-4-5-68, 1909.
107
Indianap.D.A Spr.— l8t,78
111
lnt.A Of.No.— l8t, 68, gold
Lake Shore A Mich. S.—
Mich. So. &N.I., a.fd, 78 Ill's 112
111
Cleve. A Tol.— Sink. fd..

A

Istm., LaC.Dlv., 1893
Istm., I. <fe M., 1897..
122
Istm., I.* D., 1899 ..
tl22
Istm., C. <Sk M.,1903.. tl24
Consol. 78, 1905
2d mort., 78, 1884
iBt, 7s, 1.& D. Ext., 1908
S. W. Div., Ist. 6s, 1909. *107
1st, 5b, La.<fe Dav., 1910. t94
Ist S. Minn.Div.,68,1910 105
Ist m., H. <t U., 7s, 1910 115
Ch.<S: Pac. Div., 68, 1910 t
Ist Chic.dk P.W.,59,1921 t
Min'l Pt. Div., 58, 1910.
C.& N.west.-S.f, 7«, 1885
Interest bonds, 7s, 1883 107
Consol. bonds, 7s, 1915. tl33

l(l9-->4

line, 8a t....
N., 8s, 1915 t.

117

Don.Div.,Ga,a88'd.'99
lat cons.. Os, 1919
Cent'. Br. U. Pac— Ist^Os tios
Funded coups., Va, '95 tllO

C, 2d Div., 7a 110
Minn.— 1st m 115

S.

Ind.Bl.&

1st, guar. (564), 7s, '94
(360), 7s, 1898.
2d, guar. (188), 7s, '98.

1st consol., assented, '99
Conv., assented, 1902...

A

Ced. F.

2dm.

Centra! of N.J.— Ist

A

1113i

main

Gen. moi-t., 6s, 1921
lU.Cent.— Dub.A S. C, Ist

Dub.

Jack.* Oil.- Ist m

St. L.

2d, couBol.,
2d, Waco

Income and indemn'y,7s
107
117

—

latm.,

A

85
56 14

grants, 7s, '87-9.
Sinking funds, 8s, '93
Hegiatered Ss, 1893.
Collateral truat, 6s-.
Kan.a. Pac. lat, 08,'95

Texas Cent.Ill

113
108
118

Land

—

&

Ist iniirl., 1. :,'r., 78
l8t 111.11 1., Wist. Div., 78
Ist mort., Waco
N., 78

10G'<

—

131
100
Fl'tAP. Marq.— M.6s,1920 ii's" 115
Gal.Har.A S. Ant'o— l8t,6a no734 108
Ist.LaQr. Ext., 68,1910
tiio 112
2d mort., 78, 1904
Gulf Col. A S. Fe— 78, 1909 tll5 118
114
Han. A St. Jos. 8a, conv. I
Ist, consol., fd. cp., 78. *
2d, consol., fd. cp., 5a.

{Stock Exchange. Pricf^.)

Atch. T.

State AU\ bonda,78,'84
Land grant bonds, Oa.
West. Pac. Bonda, Os
So. I'ac. of Cal.— lat, Oa
Union Pacific— Istmort.

Bttff.N.Y.&K.— l8t,1916 tl25
N.Y.I..E.&\V...New2d,C t 99 'e

District of

Do
Do

KAILROAD BONDS AND MISCEL,I,ANEOUS SECURITIES.
IJen. Pacilie.— C'ontinu'd
—Continued

Railroad Bonds.

old, 1892-8

new, 1892.8-1900....
66
new series, 1914
66
Virginia— 68, old
37
37
68, new, 1866
37
68, new, 1807
120
68, consol. bonds
68, ex-matured coupon..
79
42
6s, consol., 2d series
16
68, deferred

Funding

Erie

11

102>2 103

6s,
68,

116

coupon, 1893-99

)

3-65.S,

Ohio—

1883
1891
1892
1893

1869

23,

non-fundalile, 1888. . i
consol'n 68, 1893

Brown

22
22

A.&O..

Act Mar.

68,

J.ifeJ.

act, 1866-1900.

|A8k.

South Carolina—

37
150
150
A.&O
125
coup, off, J.&J.
C0UT>. off, A.&O. 125

Funding

109
111

SECURITIES.

Ask.

A.&O

Do
Do
Do

1887

reg.,

Bid.

No. Carolina RR.,

New York—

llOlj Ill's
llOlj

78, new, 1886
78, endorsed, 1886
7s. gold, 1890

SECURITIES.

Ask.

7s..,

110
110
115
120
107
106
llOifl

42
124
78
108

J

August

THE (CHRONICLE.

1881.]

20,

New York

<{notatloii8 in BoHton,

Local Securities.
luaurnuce

Bank ^toek Lbt.

[Quotations br K.

tiiacU. I.Ul.
S.

Price.

lou

Am. KxclianRe

100
100

Hnwory

(.'hatlmiu
ClH'intcal

Kxchango*

Kiist

Uivur

Kliviiiih

Ward*

ATenue*

Kir-t

F uilh
.11

G:iU:ltln

(J'Tiiun Amerlo»n*.
fiTxchanKe^.
t;rrni:inta*
<;t'iin:iti

Gri'.'iiwich*
TIiiiiMvor

Imp. and Traders'...
Irvintr

City*
Manul'trs'.

Lti.illior

MunhattaD*
Murine
Market
Mecliaiilc:«'

Mochantfs' Assoc'n.
Mechanics' Jk Tr'drs'
Mercantiie
Merchants'
Merchant!*' Kxch'Ke
Metropolis*
Metropolitan
Mount Morris*

Murray

New
New

Yorlt
Yorlt County...
N. T. Nat'l Exch'go.

Ninth
North America*
North Klver*

-08
124

50
85

113

183

(treonwicb

Hanover
Hoffman
Importers'

& Tr'd'rs

Irvini;
Jeffer.^on

KlnKs Count y(Bkn.)
Knlckorboclcer
Lafiiyetto (Br'klyn).

Ijamar
Tjenox
Island (B'klyn)

Tjoriliard

.Mariufac'rs'4 Build.

Manliattan

A

Mech.

Traders'...

Mechanics' (B'klyn).
Mercantile
Merchants'
.Montauk (Brooklyn)
Nassau (Brooklyn)..
National
New York Kquttable

ia'.iH

New York Fire
New York A Boston.
New York City
Niagara
North River
Pacino
Park
Peter Cooper
Relief

100

100

.

Star
Sterling

100
100

100

.0

140
1(«

!67
180
05
75

1B0
124
100

1(18

HO

iVs
Lie
00
7.)

112
130

1,0

140
•15

80
140
113

80
llo
!0,i

iio

130

140

10

:I5

210

C Uiena'GasCo (Bklvn)
do

bonds

1,C00

Hirlem
J.jr8ey City

Manhattan
Mltronolltan

Mua»i,N.
do

bonds
\

bonds
Nassau, Brooklyu

„do
„
New York

scrip...;...

7

Poope's (Brooklyn)
Bond!
bonds
Cintralot ^ow Vork
WUllamsburg
do
bonds
Metropolitan, Brooklyn

'.'.'.

1.000

1,000

A.*0.

1,000,0011

[]

Ist

& Fill

1

.

Ferry-St'k

mortKajre

Broadway,* Seventh Av.—St'k
Ist

uiortaime
Br.ioklyu City— Stock
l»l niortt-aito

Broadway llirooklyn)— Stock ..
Urooklyn iMsstown.— St'k...
1st niortttaite bonds
Bushwick Av.(Bklyn)— Stock.

Cent rai l»k. .•<. & K. iilv.-Stock
Consolidated niort. bonds....
Christopher j£ Tenth St.— Stock

Bonds
Dry Dock K.B.&
l.st

inortk'HKe, consolidated

..

.

Nt

rrMrt_'rii:e
'

-<

Town— Stock

900,000 J. 4 J.
694,000 J. 4 J.
100 2,100,000 Q-J..
1,000 1,600,000 .1:4 D.
10 8,000,000
1,000
800,000
100
204I.OOO

100
1,000

100
100
1,000

100

1I..U-1 ,\v. .t st'.&piV.'F'y—
St''k
Ist uiortmiKe

Second Avenue—Stock
Sd niortKuge

Consol. convertible

....
'.'.'.'.

Kxtonslon
Blxlh Avenue— Stock
1st mortnago
Third Avenue— Stock
Ist mortgage
Twenty-third Street—Stock.'
1st mortgage

'.

Nr4N.
Q-.I.

40.
J.*

40<i,ooo! A.
SOO.IMH),
J.
J.
500.000 J.
1,800,0(M) Q-I.

4

J.4D.

1,'2(X),00<)|

Ian.,

lf,0

160

Aug.,

210

815

Aug.

150

162
113

900,000 J.4D.
100 1,000,000, Q-J.

3004c
1,000

100
100
1,000

100
600
100

203,(KX1

743,000

J.4J.
M.4N.
A. 40.
.

236,000
600.000
200,00ol MiiN.
250,0001
500,000' J. 4.1.
l,19H,.'HI0l

130.000
1,050,000 ,M.4N.
aoo.ooo M.4H.

100
1,000

750,(K)0 VI. 4N.
500,000 J.
J.

.'
.'

1,000
100
1.01)0

This column shows lastdlvidond on

4

80
t.S

100

lOi
83
103
SO

106
85

Jan.,

1S97
lUOO
July,

CO
60

July,

190O
July,

June,
I

62M

103
90
6d
6r,

101

104

03

e.j

1S5
105

190
110

68

7ii

^

July. 'SI 28H 8B
J'ly.l9no 113
115
July, 'PI 130
l.iS
7 June '81 miH 10«
'81
200
ISO
BH Aug.,
Nov., '81 102
110
8 ,Iulv, '3; _
150
180
July, '81.100
8
1888 \liri}4
7
S\i July, '81 110
July, '31122
8
127
7
Dec.1902, 118
l-'O
a

3
7

7

'81
'93
luly, '81
Jan., '81
May. '81
Apr. , '93

7

Nov'.itKJl 103

Aug.,
June,

3
7
«

83
110

100
114
183

i'l's

1(X)

iTo'

185
110
BO

ii's'

July. '94 !05
81 lie
'85 IIKJ

,

VUH

DCt., '80 I07K irj
.'*ent..'8:) lOrl

260,000| .VI.4 N.

7

Feb., '81 830
July, '90 110
Aug '81 190
July, '901112

275

Aug

153
119

llJ

M>A

do
Old Colony

,'81

53
35

145

'm h»

ll'4

95

but thedateof maturity of bonds.

70
115
ISO
111

I'lW
183

45'

49

lolJi

7?.,

ri'g., 19

G

do

do

3
21iii

10

l8tm.78,'9<(
cons. Ba, 1909

do

38
28

68>i

2d m. 6s. '8.5..
Sd m. 6s, '37..
do
Camden 4Atui.c. t».^oup,'33
(is.

mort.

c

T

conv.,
chat. m.. 10s.
t

105

110«
95
103

ioe
i'l's

121

6s P. B.,'96

90

4

Del . 1st m,, i^s, 1886
Lehigh Navlga. m.,sa, reit.,'81 ice«
do mort. RR., rg .'9"
do mort. gold, '97
do cons. in. 7s, rg., 191
Morris, boat loan, reg., 188.T. 100
Pennsylvania 68, ccir,, '.910.
Schuylk. Nav.lBt m.68.rg..'9"
2d m. 68. reg., 1907 85)4
do
cues.

BALTinoRK.

fll*-

Marvland bs, defense, J. 4 J..
6s, exempt, lh87
do
6s, 1890, quarterly,.
do
613i
do
58, quarterly

BaHlmore 6s, ISSI. quarierly
do 6s,:8fi6, J.4 J
do 6s, I89ii, quarterly...
110«
do 6s, park, 1890, ti.—M.
do 6a, 1893,M.4S
do 6s,exempt,*^,M,4S
do as, 1900, Q-J
do 6a'. 190i, J.4 J
Wvs 24
do ^s,l.J,6,new
Norfolk water,

116«

i06«

106
1C9

118X 11S<

188«
127H
185

126

8s

RAILBUAD STOCKS.

Par.

Balt.4 0hlo

iJOO

100

'87

lat prff
do
8d prtf
do
Wash. Branch. 100
do
Parkereb'g Br..50
do
SO E3
Northern Central
51'
IB),'
Western Maryland
48)2
iS«
Central Ohio
PltMDurg 4 Oonnellsvllle..50
BAILKoAD BONIW.
Bait. 4 Ohio 68, 1885,A.40.
llOH iiiX

189

PItUb.4 Conneir8V.7s,'98,.'»J
Northern Central fe, '8S, J4J
6s, 1900, A.40. 110
do
do 68. gld.1900, J.4J.
Cen. Ohio 68, lat iH.,'9ti.M.4 8.

192)i

UH

.

N.

ia)'
5t)

57

•;•

110
110

W. Va. 3d

m..guar.,'85,J4J

W.Md.68.l8tm.,gr..'90,J.4J.

ii'5')t .'I'CH

Cam. 4 Atl.lst m. 7s,g.,I'>»3
m. car, 7s, trtt*..
do
Cam. 4 Burlington Co. 6s.'9'). 100
,B,

i'l'8

22 hi

.

6b. 'S9

121M

15

ii2«

Susquehanna

rio

70

....

CANAL BONDS.

21*f

pref.

do

80
68

D

61
58

United N..I. Companies
West Chester consol. pref
West.lersey
West Jersey 4 Atlantic
CANAL STOCKS.
Lehigh Navigation
Pennsylvania
Schuylkill Navigation
pref...
do

78

1'

55>t

Pennsylvania

WW

W. Jer(.ey4 Ati.l-tm Ss, cp.
Western Penn. UK. 6s,.:p.'i),).

CatawlBsa
pref
do

Philailelphla4 Eric
Pulladelplila4 Reading
PhllaileUihla4 Trenton
Phlla.Wllinlug. 4 Baltimore,
at. Paul 4 Duluth R.R. Com

isis

'tid

Erie 1st m. 78, '97.,
(. orn*. ,lst,Ts,190&
1-ac. 1st 'n.,68, g..l905
Rio
v..
ande
do
cons. ni..6s,g.,19U5
do
Inc. 41. gr ,7s 1916
do
Qnlon4 Tltusv. Ut m. 78, '90.
United N.J. cons. m. 68, '91.
Warren
F. Ist m.7s,'96
West Chester cons. 78. '91
West Jersey 68, deb,, coup. .'ft
1st m. 68, cp.,'96.
do

4

do
do

do «8,n..rg.,prlorto'9f.
do 4a, various
RAILROAD STOCKS.!

rto

do

93

4

6s, 10-15, reg.,l»T7-'8a,
68,15-2S, reg.,lS8'i-'92.
4s, reg., 1894-1901
Philadelphia, 58 reg

com
do
rio
North Pennsylvania ..

ibex

19

-yra.Gen.4

Texas

58,new,reg.,li>9^i9ir.

Little SfchuylklU
lilnehlll

es

us

Snnbury4

24«

new pref
do
Delaware 4 Bound Brook...
Bast Pennsylvania
Klmlra4 WllUamsport
pref..
do
do
Bar. P. Mt. Joy 4 Lancaster.
Huntingdon 4 Broad Top...
do pref.
do
Lehigh Valley

ioi«
104

Steubenv. 4 Ind. '.at. 68, 1884.
Stony Creek Ist in. 78 1907
Sunb. Haz. 4 W..l8t m.,.')S,'2i
1^0
2d m.6j. 938..

.fe

All eghetiy Valley
Buftalo Pitts. 4 Western...
pref
do
CsmdenA Atlantic
pref
do
00

ii»

a in. 7s, cp., 38

PtaI1.4l:.Coal41r'n deb.;s.li2*
do
deb. 78, cpe.ofi
do mort., 78, 1892-3
Phlla. Wllln. 4 Bait. «s, '81. . .
Pltta.Cln.4St. L. 78, cou., 190C.

do

.

In default.

Krie

Rich. 4 Danv.cons.lnt.6s,t9 5
Shainokin V.4 Pottsv.7s, 1901

Portland Ssco 4 Portsmouth
Pull. nan Palace Car
23
Hutlar.d preferred
Hevere Bearli 4 Lynn
135
Ve inont 4 Massactiuaetts.

*

4

do d lb. cou-., 1^93'....
CO do c up. off, ie93
do fcrlp. IsSi
00 conv. 78, R. C, !893'
do
78, coup, off, '9H

b8H
tOH

pref..

C.ktawissA l8t.

... ,.

do lm;>.m.,6 ,g„ .1. 1."'"
do gen.m. 6. g..C.U0H
do In. m.,'78.< oup.,'^96.

132H

Nahsua* Lov/ell
Sew York 4 New England...
Norlderuof N. Hanipshtre...
Norwich 4 Worcester
Ogden8b.4 L. Champlaln ...

185

irlO 115
do
do
do
2d m., 78, cp. "3.
do CODS. m.,7s,cn., 1911 i2««
do
ie7.,l'l'
do
do rons.m.6s,g.U40l9il

103>j|....

common.

do
do

Scrip

CO
5i
do
Penn. Co, 68 reg
do
do
i^in
Perkl'smen ist in.»s,coun..'8
Phll.Wllm 4Ha t.,48,Tr.certs

4 Passumpslc

IowaF»lH4 Slonx Cliy
Little Keck* Fort Smith ...
MancheB'er 4 Lawrence
.Mar Hoigh. .t O it
Mar. Ho igh. 4 Ont.. pref...

04

2d m. :s,cp.,'96.
do
do gen. m. 78, cp., 1908.
do gen. m. 78. reg., 190S 188
do new loan >s, reg
iVo'
Oil Creek 1st m. 7s, coup.,'81. ioi'x
fitlsb. TltU8V.4 B, 7s, cp..'96
ioix

Phll.4 H. lstm.68.e.t.d'ae

'i'\

,

May,

fi*H

I'l'o

7

'96.

cons. m.

do
cons. mort. 6s,t<.^0
po
do
!s,'9W
Phlla. Newt'c 4 N.Y.. Ut m.

Connecticut River

Inc. 7b, end., 'IM.
Belvldere Dels, ist m.,6s,1902.

115

gold,

f .serin g.,;f
7s, I99.t. .
5b, I1S9..
do
IthaeaA Athens 1st g d, ts.,'«o
6s,
's*^. ...
lunctlon Ist mort.
do
3d mort. 6s, 19110 ...

Phlla.

RAILROAD BONDS.
Allegheny Val..7».108. 1896...
78.E. ext.,1910
do

7
ft

mn

70
110

60

'

7

....

Norlo.k4 Western, pref

7

rn. 78,

2dm.

Pa.4N.Y.C.4 KR.78,'89«.,
1906 ..
do
103K Pennsylv.,gen. m. 6s, cp.. 1910
gen. m. 6s, rg., 19 0.
do
cons. m. 6', rg., 19(5.
do
cons.m.tts, cp., 1905.
do

Bs.

Norrlfllown

#

2d

do

Nesquehonlng Valley

Broadway.]

7
5
7
4

stocks,

Doc.

>

Q-F.
v,ooo,oool j:4j.
800,0001 F.4A.

100 8,000,000

104

May,

J.4J, 8H July,
A. 40, 7
Apr

.004c

1,000
1,000

101

1882

1

(i-F.

34
107)4

.0

July.'

F.4A. 8W Aug, '81 90
1.4 J. 7
l'<98
100

OlO.ono
250,000

100 1,200,000

1,000
....

145

100
1,000

1,000
Bat't'ry'— Stock

EiKiitli Avenue— Stock
1st mortgage
42d St ft Urand St. Ferry—'st''k

'':-;;'

90

6
18S8
J....I

'lOO 11,50.1,0001

IQuotatlona by H. L. Grant, Broker,

Bleecker St.

32

^8

lOO 1,000,000 M. &N.
100 3,0(M).000
750.000 Miis.

".'.'.'.'.*.'.'"'

127

105

6

ii«s')*

Inc.

f'o

Penna. Ss, g'd, lnt.,reg. or cp
do 58, reg., ls8-i-1832

1»»S
Feb.

7

i'!«<

is ...

Sew Mexico 4 So. Pac. i»...
..>guenBDurK 4 Lake Cn.64. ..

STATE AND CITY BONDS.

2^ Aug.,

Var.
125,000 Var.
n
4BB,000 F.& A. 3
50
50 1,000,000 Qnar, 8
','.',[

Municipal

do
bonis
Falton Municipal

M.*N.

37.'i,000

125

.^pr.,

7

do

lUO

fts,perp

.

.

do
do
do
do

Br., Ist, *s. 1906

lllH Lehigh Valley, lst,6s,cp.. 189(i 128
do reg., ISM...
do
do 2'l m. 7s, reg., 1910,.
ll3^
do con.m., 6s,rg.,lMa
do
77
do
6s.' p..l9^
no Little Schuylkill, 1st m. ^',1n
98
N. O.Psc, lit in..6». IKW
ii'?'
North. Penn. 1st m.Ss, cp.,*80.

PHILADELPHIA.

*

5

100

K. citv Lawrence 4 So. 4s...
Sau.(;itv. St. J0.4C. H. Is.
I.ltile RTt 4 Ft. Smith, -s.lst
Mexican Central, is
.sew Vork 4 New Kug. 6s

W

Date.

50 1,850,000 F.*A. 3
20
750,000 I.*J. 7
50 4,000.000 •I.* J. B
100 2,500,01X) M.&S. 7M
500 1,000,000 F.ft A. 3
100 5,000,000 Qnar.
^H
1,000 1,000,000 P.* A.
86 1,000,000 V»r
9M
Va-.
700,000 M.ekN. 8^
100 4,000,000 M.4S. 4
10 1,000,000 J.* .1. HH

A Hoboken

do

Var,
Var.
815,000 A. 4 0.

io«K

Nashua
irrester
Wisconsin Central
pref
no

.•

4 Hound

do
do
do
do

Ex

Nebr.ls
do
Chicago Hurl. 4 Qulnc)r4i.
..t.a. .• fa««nmnsli\7s, 18»;.
Conniittjn Valley. 7s
i^astorn, Mass., 4^s, new. ...
fltchburg KH, «
do
7s
Fort Scott 4 Gulf Is
Hartford 4 Krlels

do

151)

180

50

85 2,000,000
80 l,200,0(X)

Netir. Rs

pttchhiirg

(Gas (jactations oy ueorge H. Prentiss. Broker, 17 Wall Street. ]

Brooklyn Gas Light Co

Nebr.ffs

rto

Fllat4Pere Marq
pref
do
Fori Scott* Gulf, pref..

210

Witliumaburg City..

^

do

Conn.

>><^l.

Kast I'l-nn. Ist mort. Ir, "88 ..
KI.4 W'msport, Ist m., 'Is, '80. 110

Harrlsburg iNt mor* 6s, '83..
U. * B. T. iBt m. 7s, gold, '90.
Ist m. ;>, f I. g.'W
do

Eastern (Mass.).
Eastern (New Hampshire)...

2X3

!>4

do

123

HO

70
120
70
160
113

6SW

ISS

I

4 Lowell
aoston 4 Providence 7s
lurl. 4 Mo., landKrsnt7s....

no

flO

100

Period

do

d.

Concord

'bo

115

lOR

new (• I9<u
o
CoDnectlngr 6i. iaiiD-igo«
i^bartliTB Val.,Istm.7«.C.,H0:
1O8X Delaware mort.. 6s, various.

7s
Cs
7s
as

170

i)5

.,

IM

Albany

1)0

2.0
70

112

\Vcstchc3ter

Amount

m

;60

tlO

Caw aud CItf Railroad Stock* and Ronds.
Gas Coupakiks.

...

Income

13J
HO

83

150

25
25
23

Psclflc, «s.

4 Maine 7s

Old Colony, 7s
(lid Colony, Hs
Pueblo 4 Ark. Valley, Is
Rutland 6b, 1st mort
Vermont 4 Mass. KR. ,6b
Vermont 4 Canada, new
STOCKS.
Atchison 4 Topeka
Boston 4 Albany
Boston 4 Lowell
Boston 4 Maine.
Boston 4 Providence
Cheshire preferred
Chi '.« W. Michigan.,
Cln. Sandusky 4 Clev

200

100
25
50
100

Stuyvesant
Tradesmen's
United states

40
50
100

4

f.o

Boston
Boston

85

20
50
60
50

Republic
RutKers'
Standard

63
133

117
160
3714 118
35 153
100
110
65
100
100
eo
50
l.«
25 1.5
23 'J2)
100
123

Phenix

100

290

58
50
100
30
20
40
50
100
25
5*
25
100
100
23
50
60
60
60
60

People's

iDO

l.t7

100

Howard

I/on-'

WO

60
50

;.

Home

153

105
120

100
13

Guardian
Hamilton

100
100
too
.

Ity

(

Globe

85
20
60

Side*

100

K8

100

United States

240

t'5

110
12)

Pbenlz
Produce*

West

70
110

240
830

17

People's*

Union

170

10
100
100
50

Park

New York.

30
60
100

oil

tso
185
HO
100

Flrenu'a's
Kirenicn's Trust
Kranltiln ,t Bmp....
Geriniiii-Amertcan..
(ierniania

85
50

Third
Tradesmen's

I

Atlantic

BM.

Catawlssa— (ContlQUt^d)

\tch.4 Tcpoks Ist m.7i..
land grant?!
do
land Inc. 9s.,
do

doston

KarraKut

P«olflc«

Sixth
State of

I9U

110
x'lb

88
8S
100
100
100
100
so
5U
7S
100
100
45
100
100
50
60
100
60
100
100
23
50
85
100
60
60
100
too

Oriental*

Seventh Ward
Second
Shoe and Leather.

17

».10

40
100
30
60

Kmpire

100
TO
30

Bepnbllc
Bt. Nicholas

8'5

100

KxctiaiiKu

100

"...

MS

sn
sn

80
70

Columbia
Commercial

100
100
100
100

Uill'

Nassau*

100

Continental
KaKlo

—

('iiimiiorce
t'.-rii

17ft

ino
100
100
luo

City
C'ontltieiltftl

50

Brooklyn
CKlions'
City
Clinton

25

Clll/i>[is'

I5l:iii(l

i30

as
100
100
85
100

A Orov'rs'

Chiisi>

fill;.

American
American exchange
Bowery
Broadway

aa

i.lwaT
iiut-inTB'
I .nriil
'

Kirtii
> ifth

Bid. Aik.

INd.

Amorloa*
Jlr

Par.

COMl<A!faM.

Par.

•osuTiaa.

HONTON.

97

Philadelphia and Baltimore.

aouBiTia*.

Baii.kv, Broker,

No.TPInoatreot.]

COMPANIBH.
Uarluil thus (*) art
not Sittionat.

J

'S2. .,
*»«

Per share.

ioes

do
do
do
do

Ist m.,i8iw, J.4 J....
2dm. .guar.. J. J....

4

2d m.,pref
2dni..gr. by W.CO.J4J
do 68, 3d in. guar., J.* J.
Mar. 4 Cln. 78, '92, F. 4 A ... 182

do
do

OulonKR.

2d,
Ss,
Isl,

M.4N

87«

3d,J.4J
gnar.,J.*

J..

U7H

181^
114

THE CHRONICLE.

198

Railroad Earnings.—The latest railroad earnings and the
from Jan. 1 to latest dates are given below. The state
ment includes the gross earnings of all railroads from which
The columns under the heading
returns can be obtained.
" Jan. 1 to latest date" furnish the gross earnings from Jan, 1
column:
to and including, the ueriod mentioned in the second
totals

*

Latest earninrjs reported

,

Atch.Top,&S.Fe.Juuo

BosSi K.Y.Air-L.J.ine*
BnrC.Rap,&No..l8twkAug

1881.

S47,525
717,012
22,147

.ti57,932

1,186,000
24.422
36,931

1 to latest

k

1830.

1881.

Weekorllo.
Ala.Gt. Southern. July

— ^Jan.

—

New York City Bank.s. The tollovving statement shows the
condition of the Associated Banks of New York City for the
week ending at the commencement of busine.ss on Aug. 13.
Average amount OT

$402,604

$333,491

133.843
1,203,315
236,233

132,692
1.159,274
214.10

...

—

'.

. . .

Atigual 19.

Bixti/

Paris (francs)

Amsterdam

4 80 ®1S2
4 79 34 7912
4 7812 0)179
5 27i2ffl5

.'.

Demand.

Days.

23%

(guilders)
33 H) a 3934
Frankfort or BremBn(reichiiiarka)." .".".".;
9312 3 94
V. S. Sill). I'reasiir^-TUe following table shows
.

^"^'^

h»?.r£™®l'
balances in the

.

4 83 ®4 84ia
4 »li<j®4 82
4 81 34 811a
5 243935 OQ-Sg
3fl3i3 40

9m3

94>2

the receipts
as the

^'^'^-T'-easury in^this city, as well

same, for each day of the past week;
Payments.

Coin.

New York
Manhattan Co...

•1.661.040 51
•l,270,0.3f 59

'1,052,339 01
•1,314,692 47

03,

848,4.18

06

3 33 ® 3
4 74 a 4
3 Qi a 3
8nan'hDiia!>lo,ias,13 55 a 13
Mex, Drtu )loon«..l5 45 ®15
1

35
23

5.846 391 2I
'""''''''' '^•^^y 'u

X X Reichmarks.
X Guilders

Finegilyer oars

60

*"""

aft 86

^atvoi^oons

i
83.607.114
84.480,833
85.291.650
85.759.723
88.035.158
86.090,400

1,525,077 89

.979.768 90

'coh^'iiTh^Mi^n

838,087
933,128
874,513
829.126

800,000
800,000

l,>-8i.4;w
13,2.90.800

Mlerch'nta' Exch.
Sallatin Natlon'l

1,000,000
1,000,000

4,373,800

Butchers'&Drov.
Mechanics' & Tr.

300,000
200,0)0

(Greenwich

200,000!

Union.

America
Phoenix
City

Tradesmen's
Fulton
Chemical

U%3

1

88
78
97
73

35
li>l4

67

3.350.00C

Nichohis
Shoe & Leather..

Corn Exchange..

1,000,0'XI

Continental

l,00i),0;i0

Oriental

300.000
400,000
1,500,000
2,000,000
500,000
240,000
230,000
3,200,000
2,000,000
300,000
750,OOC
500,000

trying

Metropolitan

—

Nassau
Market
St.

Importers'

& Tr..

Mech. Bkg. Asa'n
North River
East Klver
Fourth National.
Central Nat
Second Natlon'l.
Ninth National..
First National..

Third National
N. Y. Nat. Exch..
Bowery National
N. york County..
Qerm'n Amerlc'n
Chase National..
Fifth Avenne...
German Exch. ..
.

Total

Silver

Five

61
92

56
22
86
91

Mini:'
coins:

"as.

f i-aucs

Mexican

®—

Do uacommero'l, — 86
83
English silver .... 4 72 ® 4 SO
Prus. silv. thalori.
68 a
69
U. S- trade dollars
99143
9938
"
""

—
—

'

3.378,000
4,37l,00C
8,078,100

1,977,700
25,801

2.042,90!;

978,000
6,0U1 SOO
233,200
21.000
92.300
4.812,000
707,000
5vt9.ono

I7,(!7a.000

7,119,400
1.571.800
1.699,300
1,418,200

300,000
230,000
200,000
750,000
300,000
100,000
20 1,000
200,000
500,000

2,1188,00

—
—

par.

171,4011

59.106
210.000
83.000
108.400
333,8u0
131.000
537.700
8.100
133.900
82.400
619,800
1,839,0001
290,00ol

270 600

l.292,8,!0

23.y40i
104 7 11

348,800
25,600
13^.200

1,26H,V0..

1,170,400
4,787,200

« 1,000

1.375.900
4.2S0 700
1.626,900
229,800
40,000
13,30C
478.500

4,9'8,900
1,938,800

1,330.800

11.182,700 ,''51,021,71

4,0.14, ."00

8,783,200
4.084,000

1.100

267,000

289.300
250.8 K)
H9.70U

2,370.200
1.481,600
14,424 500

70J,5D6

4,to:i,ooo

407,766
783.906
237,900
174,000
2,700
473,700
33,800

2 651.400
1.553.000
1,119.000

905,800
2.600.100
1.071,200
3,579,000
13,198,000
8,774,400
4,099,900
7,300,300
2,591,500
3.673,300
3,5i0,0o0
1,603,900
3 059,300
8,065,900
3,035,000
14,227,000
2,018,200
2,899,800
2,538,000
l,er3,90C
3,818,000
3,012.000
8.8D4.800
1.868.200
4.330.000
2 7.877. loo

1,068,300
900,000

6S3,60&
1,123,000

13,000
5,400

800,000
423,000
2,250,000
3,900
450,000
450,000
450,000
4,600
763,800
45,C00
1,090,900
45,000

8i0.0i)(i

1,170,500

224,500
810,000

810.701;

21,038,000
0i0,0o0

'.,287,000

43,000
584,800
435,100

3.5.30,000

7.282,400
19.525.800
7.739.30O

270,000
223 000

1.2^5,'.<00

375.1.00

1,473,200

427.700
87.801

1,7.56,900
2.331.60(1
5 710.70i'

180,000
91,S(.0

2 005 8

177,100
273,20
70,800

1,43S.300
5:?3,6)0
5,:j3i,00O
1

449,800

71.841,100 15,927,000 ,M2,722,400 10.4S6.000

The deviations from returns of previous week are as follows
Loans and discounts

,

tenders

Le«ral

The following

399,000

Ine
Dec.
Dec,

Specie

4.889.800
133,000

Net deposit?
Circulation

1

I

Loans.

Specie.

1881.
t
30.... 348,188,400
Aug, 6....36'i,e31,800
••
13.... 331,021,700

1..

Deposits. Circulation. Ags. Clear
«
f
«
t
16,981,800 851,777,900 19,313,900 932,78^,826
18,080,000 3l7,34i,700 19,360,600 8i7,0S.-,612
15,937,000 ,342,722,400 19,436,000 825,048.774

78,31ii,900

7;,S)1,I00

series of

*

Boston

totals of the

weeks past

Specie.

L.

Tenii'^rs.

Circulation. Agj. Clear

Deposits.'

184,284,800
16i,86),500
183,169,500

10,688,000
3,707,700 1!3„S.j3,900
10,1»2,)00
3.2'8.7O0 114.451,400
9,132,610
3,116,000 111,833,400
IncludlUK the item " due to other banks."
8,,
16,,

125,400

L. Tenders.

»
81,043,100

Loans.

,„,
Aug.

14,020,300

1

Boston Banks.— The following are the
banks for a

:

Dec.
.Inc.

are the totals for a series of weeks past:

July

Philadelphia Banks.— The

31,376,600
31,401,930

78,230 458
80,883,054

31,439, '.00

75,883,91)9

totals of the Philadelohia

banks

are as follows:
I88L
Aag. 1
8
15.

Loans.

L. Tenders.

t
78,297,^83
78,600,916
i9,014.4,S

*
22,866,929
23,498,600
21,917,747

Deposits.
*
76,008,800
74,810,237
74,004,227

Circulation.
*
10,370,894
10,302.0S1
10,515,478

Agg. Clear
46,443 937
51,848,739
41,048.755

—

Unlisted Stocks anil Uomls, The following are the reported quotations for seouritie:i that are not "listed" at the
Stock Exchange:
,

Bid. .isked.
Constr, Co. 42
48
.\m. Railway Imp. Co*100
112"
Ain. Sp. Tcleph'ue Co
Bost. H. & E. new st'k
1 13
1%
Do
old stock
1.)
1

Am, Cable

,

Brooklyn Elevated
Boston Air Lin 3, com. 25

Coutinental Conatr.Co
Central Railway Con.
struct'n Co. (D.L.W.)

Do

— 99^3 p.ir
— 92 ® - 9
dollars.. — 88 -3 — 89

Hs and

286,300
460.400
347,800
852,000
374,000

2.'.42,i'00

3,581,000
33.538,400
18,000.000
1.028.700
;,OIK,000
1.135,400
20.80 I.OuC
9,316,000
3.109,000
7,105,300

73.;oo
142.400
2:9.300
389,800
93,800
88,000
112,000
111,100
93,400
73,700
71.800

176,100
181,000
228,700
97,400

3.015.30C

495,000
360,000

'J,337,100

1,03.5,200

2,0.-3.900

tion.

$

27.000

043.0JO
3.053,000
255,50i)

Circula-

10,471,000
6,176,200
7,093,300
7.744.000

5't3.800
5'J9.5O0

9i",:)00

'..425,0 Jii

3,l3«.0(,o

%
334.000
128,300
788.400
336.000

339.700
822.500
730.800
170,800
333,000

1,497.400

17,28J.Goo
2,031,300

Legal
otiur
Tenders. than
U. S.

673,300
219,700
302,300
117,800
321,700
108,000
130,300
233,000

03:3,600

3,921,500
S,243.800

1,000,(X)0

Germania
U.S.Nat

19,600
616.800
193,000
721,100
2.839.OO0
4.04S.OOO

1,03!1.400
3.2J-2,600

7

27 i^
88
•35

...

& Georgia subs
Deuv. &R.G. subs, new

4,937.201
4,853,904
4,829,817
4.802,609
4,733,620
4,467,992

f™;;;,;^

.J

l.OOa.BOO
3,175.100

450,000
gOJ,000
700,000
1,000,000
500,000
3,000.000
600,000
1,000,000
500,000
500,000
500,000

People's

North America.

558,300
300,000
183,000

1,1">89,000

3,028.50(;

Mercantile
PaciSc
aepublic

Do

11

4,571 3)0

1,500,000

Broadway

94 1,100

3.383,800

15,768.000
12.933.30(
5.433.200
7,033,500
2.485,900

Commerce

1,451,000

2,040,300
1.034,000
2,K!4,oOO
5J3,700
345,300
3.788,700
88;,400

4,088.000

600,000
300,000
800,000
5,000,000
5,000,000
1,000,000
1,000,000
423,^00

Seventh Ward...
State of N.York.
American Bxch..

1,C81,>>0C

8.«l,',»00

Ciu.

Currency.

28
61
13
81

7-U4O.800
7.331.800
8,731.000
5.327,000
10.48.'2.300

Mechanics'.

3,633.000
989,800

10,lti2,000

3,050,000
2,000,000
2,000,000
1,300,000
3,000.000
1,000,000
1,000,000
1,000,000

Dos Mo,
953.387 03
*I,725.7.33 21

Specie.

California Paoittc

Bulnnces.
Receipts.

Total..

%
2.000,000

.

Prime bankers' sterling bUls on Loudon
Prime commer,3ial
Documentary commercial

A'et dcpt's

Loam and
discounts.

.

Aug. 13...
"
15...
"
16...
"
17...
"
" 18...
19...

Oavltal.

Bo-nfo.

date.—
1880.

3 f,494
31,146
32.6.36
Cairo & .St. Louis.July
1,8.19.000
1.840,0(37
12,6.12,541 10,34l.7.".9
Central PaclHc.-.July--..
225,096 238. 23R 1,.524.387 1.497,272
July
Clies. & Ohio
160,440
180,611
4,077.862 4,3!3.671
Aug
.Istwk
Chlca«o& Alton
2,083.802 1,682,956 9,093,546 9,6S9 605
Chlc!Burl,&Q...June
35,2.30
32.808
646.839
I11..4thwkJ'ly
88S.31.5
Chie, AKast.
25,647
18,291
754.306
638,235
Chic.&G.Trk.Wk.end.Julyie
338,000
221,366
Aug.
9,387,000
6,917,000
2d
wk
Chic, Mil. & St, P.
746,863 11,832.941 10,931.202
Chic, & Northw..2wksAug, 927,446
81.342
53,731 2,207,359 1.679,521
Chl.St.P.Min&0..2dwk Aug.
13,8'
20,620
4.i3,C50
370,865
Chic. & W. Mich. .3d wk June
178,861
204,138
1,247,047 1,287,931
On, Iiul,St, L.& C.July
16.063
18.544
570.375
523.333
Cin. & Bjiringf. ..Istwk Aug
90,203
99,607 2,46>,612 2.46i)..^ll
Clev.Col.Cin.&I.lstwk Aug
6,S73
240,397
6,834
249,823
Clev.Mt.V. ADel.lstwk Aug
93.448 3,358,936 1,632.230
Denver & Rio Gr 2d wk Aug. 123,630
8.763
4,780
.200,322
168.014
De8M,&Ft.Dodge.l8t wkAug
116,847
92,699
739,104
661,706
Det, Lane,* No.. July
24,2 47
15,019
Dubuque&S.aty.lat wk Aug
610,317
598,915
Juue
267,888
239,888
Eastern
222,769 195.550
BastTenn.V.&G .July
42.800
36.704 1,042,307
Flint & Pere Mar.4th wk J'ly
856,605
21,176
20.199
Gal.Htir, SiSan A.lstwkJuly
We8tem-Wk,end.Aug.l2
99.163
100.156
3,167,138
Gr't
2,9551 123
7.334
5.865
Gr'n Bay & Minn. Istwk Aug
50.10,1
55,427 1,260,557 1,416,293
Hannil)al&8t. Jo. Istwk Aug
Houst.E.&W.Tex.June
13.813
5,374
66,013
44,660
Etnust. & Texas C.latwk Aug
58,388
56.909 2,030,264 1.745.421
Illinois Cen, (lU.). July
548.936 587.732 3,469,663 3,487,494
I>o
(Iowa) July
168.158
136.363
907,436
940,637
Indiana Bl.&W.. Istwk Aug
28,222
26.981
690,061
700,122
Do Ohio Div. Istwk Aug 21.394
17,333
Ind. Dec, & 8p...Julv
45.582
42,908
260,741
2'l2'20i
Int. &Gt, North.. Istwk Aug
52.234
27,478 1,396,770
838,284
Iowa Central
Juue
83,918
73.531
658",243
K, C. Ft. S.&Gulf.SdwkJune
25.776
15.596
Lake Erie* iVest. Istwk Aug
36.438
30.434
775.014
603,757
lyouisa. <fcMo. E..May
33.713
32.627
167,928
173,173
lx)Ui8V, & Naehv.2dwk Aug, 189,200
181.100 6,244,603 4.883.118
Wemp.&Charl... Istwk Aug 21,425
16,596
682,689
577.726
Memp. Pad, & No. July
20.511
17,323
133.770
113.039
MILL. Sli.& West. Istwk Aug
10.335
6,319
300,689
221,683
Minn.A St. Louis. Istwk July 24.480
13,065
502,153
323,165
tMo. Kans.& Tex. Istwk Aug 160.418
104,500
Missouri P.aciflo .July
1.317,663 980.963 7,di4,3V9 5,8.36,909
Mobile & Ohio.
July
131.009 130,740 1,240,532 1.139,864
Nashv.Ch.&St.L.July
150,430 151.594
_ „_ _ 1,229,653 1,176,274
N,Y. L, Erie & W.June
1,794,982 1,661,812 9,997,393 9,091,064
N.Y. &N. Ensl'd.July
241,822 210.257
N. Y. N.IL&Hart.June
488.440 369.116 2,676.861) 2,2ii'53i
N, Y, Pa. * Ohio. May
474,373 346.644 2,286,718 2,053,194
Norfolk* West. -.July
161,940 145.535 1.153,883 1,018,099
Northern Central. June
487,287 419,193 2,661.866 2,215,790
Northern Pacific .July
404,180 241,277 1.639.867 1,175,702
Ohio Simthern
Ist wk Aug
6.183
Oreg'n R. Nav.Co July
406,500 273! i 4.5 2,166',877 1,774.653
Pad. &EIizabetht.Julv
38.819
31,739
286,517
213,551
Penns.rlvanla ....June
3,807,437 3,22i;476 21,333;839 19.434:67,3
Peoria Deo, &Ev.latwk Aug
17,196
8,634
353,381
227.211
Phlladel.* Erie.. Jane
350.533 331,024 1,723,027 1,774,798
Phlla. ifeRo.adlng.June
1,707,293 1,398.536
et.L.Alt.&T.H. ..Istwk Aug
23,676
31,798
859.629
799,497
Do (brcns). Istwk Aug 12,090
13,335
425,53
376.200
Bt.L.IronMt,&S-l8twk Aug 167,900 112.734 4.020,629 3.103.875
Bt. L. & San Fran. 2d wk Aug.
61.900
59.800 1.839,339 1.414,293
St.P.Minn.&.Man.2d wk Aug.
97, ,500
56.300 2.534,360 1,820,205
Scioto Valley
2d wk Aug.
11,011
9,170
224,142
135,367
South Carolina. ..May
66,193
58,113
513,624
457,166
Boutheni Pacific. May
503.000 445,953 2,013,300 1,811,707
Texas & Pacific. Istwk Aug
67,060
43,833 2,03.:,914 1.337,896
Tol, Delp, & Burl. July
47,350
2,528,326 1,934,215 14.057,408 12.38.3.359
S°\<'"u?'i"^"*''--—'"'-T
^ ab. St L. & Pac let wk Aug 322,481 261,391 7,631,403 6,637,271
* 5 per cent basis In 1881 ; 6 per
cent in 1880.
1 Including leased lines.
E-icehaiige.— Qaotations for foreign exchange are as follows,
the outside prices being the posted ^ates of leading bankers:
.

[Vol. XXXIII.

&

.".'

pref

Edison Electric L. Co
Edison Ore Mill stock 125
Gr. Bay & Miun. st'k

& L. assented st'K 1 ij
Do
old stock
1
luternational Imp. Co 13
Iron Steamboat Co
Do.
Istmort.... 83
Kan, &Nel>, 1st morl
I.e.

150
10
2

20'
t6

Do,

2d mort
Keely Motor stock,
Lebanon Springs Ists
Lehigh St Wilkesbarro
Mid,RR,of N,J.as3,stk,
.

Do,
Do.

A stock.
B stock

Mexican Xational subs
Mexican Nat. bonds.
Do.

stock

6 ig

"

scrip
Missouri Pacillo rights
,T, Southern
K,Y, Loan & Imp. Co
Jf. O. P.acitto subs
North River Const Co.
Ncwburg D. & C. incs
Do.
pref. stock
N. Y. Ch. & St. L. subs

2

14

15

....

si"

M

99

Oregon Imp, C':?, stock
Oregon Transcontiue'l
Oregon 8. L, subs

2

Ohio Central subs
Pacific R'y Imp, Co
Richmond i& Alleg sub
Roch'r & Pltts'g ri'g'ts
So, Carolina RIl, stock 3712

Do
Uo

2d mort
123
non-mort ..
70
SeluiaRome&D,lst M, 4I2
Do
2d M, stamp 4I2
Do
2d M,, clean 3
II2
Do
incomes

8

25

St, Jo,
St, Jo,

,

stock
West, stock

&
& Pacific

Ist

M, 87I3
39 >a

17

Do
2d mort
Scranton Con.structiou

131a

Texas

371^

70

*5
.fc Pacific subs.:
Texns.St, Louis RR,suh
U. S. Electric Light Co.175

32 12

Vicksb. Mer'u

t6

97

*1

N.

Uo

'

AsJ^ed.

M.K.&T.

Ore,gou Imp, Co, 1st

93
•21

subs,, old .
Ft, Dodge

J?ior.

Mut. Union Tel. subs.. 93
Do stock
26

*

Piomium.

com

st'k
t

Kiseouat.

219
tl

"
11

Par
45
124
78
4
21a
1

91
45
*13

96

AuonsT

THE CHKONICLE.

20. 1881.J

ANNUAL JREPORTS.

Juucstmcuts
STATE, CITJ AND CORPOBATION FINANCES.
The IsvBSTORa' Supplbmsnt ron'mni a, eomplete »t'ii'>it of the
Funded Debt of States and Citiet and of thi Sto;kn and linids
RaUroaii and other Cjrnpinim. It i< p'l'ilithei on fie litH
Saturday of every other moith oi'*., Fehrwiry, April, June,
August, October nnd December, and U famUhed with>ut extra
charge to a'l regultr aubseribers of the CuaoxioLB. Single copies
are sold at f 3 per copy.
of

—

INDEX SINCE JU.VE SUPPLEMENT.
Is an tiiilflx to nil reports and Items heretofore pabl8he<l 111 tUl^ riivn!it;iiiv.it Dapa.-tmoiit of the C'uitoNiui.K alnoe tliu lust
Issue of the iNVKSToiw' Soi-i'LEMest: auuu.il reports are ludoxoil iu

The foUowluK

bliiek-fucfil

type

22

Adirondack
Alabaiuiv N. O.

it.

Texas Pacitto

22
125
Alabama & Ot. Southern
23
Fe
*
Santa
Atch. Top.
46
Atlauti<v St No. Carolina
'676, 99
Atlantic & Pacittc
-eai,

Jmiollon

Bingham

C.tn.

iStCamp Floyd.

Boston Finances
Boston Water Power
Brun.^wick * Albany
Buff. Pittsh. A West
Burl. A Mo. River la NeD
Cairo
Cairo

& St. Louis
A Vlncennes

23,

40
93
99
124
46
124

'eSS. 99
'685. 124

'679
153

Canada Sootlipm
Canadian PaiiHo
Canton Co. (Biltlmore)
Cent. ExtoQslon RR. (L.

1)

Central of Now Jersey
Central P.acmc

99
176
23
73, 153

*086
Chesapeake & Ohio
23
Chicago A Atlantic
23
Chicago Belt & Transfer Co..
100
Eastern 111
Chicago
99, 121
Chicago* Iowa
99
Chic. Mil w. A St. Paul
Chic. Pekin & Southw. .'685. 121
Chicago R. I. A Pacittc. '684. 13
Chic. St. Louis A N. O.. 46, 73, 153
Chic. St. Paul Minn. A Om.. .. 99
-685, 99, 124
Chic, at West Mich.
153
Cin. Ind St. L. & Chic
100
Cln. Hani. A Dayton
'685, 153
Cincinnati Southern
73, 100
Clev. Col. Ciii. & Ind
124
Clev. Mt. Vernon A Col
46. 124
Col. Chic. A Ind. Cent
Col. A Hocking Val... -685, 46, 100
.

ifc

. .

. .

Coluinbii.f

A Rome

l"'!

(Ga.)

..'685, 40, 100
73
Connottou Valley
Danville O ncv A Ohio River. 124
Del. Lack. A West
73
Denver A Rio Gr
*68i;, 46, 124
Denver Rio Grande A West... 153
Detiiiit Butler A St. Lonis
75
23
Des Moines A Fort Dodge

Columbus A Toledo

'697
Eastern Mass.)
East Tenn. Va. A Ga
100, 102
Evansv. Rockport A Eastern.. 153
Evansville A Terre Haute
100
Florida Central
1 24
Flushing A North Shore
154
(

Wayne .Miincie A Cln.. 100, 153
Framiugham A Lowell
176

Ft.

A San An
Grand Rapids A Indiana
Gulf Colorado A Santa Fe
Hannibal A St. Joseph
Hartford A West. Conn. 23,
Houston A Texas Central

75

Galv. Ilarrisb.

47

47
73
73, 1.53

-085
124
124
International A Gt. No.. *C86 74
Intern'l R'y Improve'int Co. ..
47
Jacksonv. Pensacola A Mobile 153
Jersey Citj- Finances
153
Kan. City Ft. S. 4 Gulf ... 74,
124, 153
Kan. City Law. A So. Kan
74
Kan. City Springf. & Memphis 153
Kentucky Central
47, 100
Kno.wille A Ohio
74
lake .ind Canal Rates
23, 153
-679
I<ake Shore A Mich. So
Lon^ Island RR
23, 154
Louisiana A Mo. River
47
Louisiana State Bonds
2C
Louisiana Western
75
Loulsv. Cin. A Lex
47
Lonlsville & Nashville
47, 121

Midland
Indianapolis Peru AChio
Illinnis

Loiusv. N. A.

A

Chlc..23, 100,
124, 170
Macon A Brunswick
'685, 100
Manhattan Elevated. '685, 2-1,
47. 74, 100, 124, 176
Mansf. Coldwater A L. Mich.. 47
Mari|, Ilouih. A Onton
47, 154
Meuip. Holly Sp. A Selma.. 74, 154
Meniiilrs City Debt
176
Memphis Patliicah A No.. 151, 176
Metropolitan Elevated... '685.
21, 47, 71, 124
Mexican National
-685

Miami Valky
Michigan Central
Midland of New Jersey
Minnesota State Bonils

Volume XXXII.

74
*fl79,

'686

40
...74.

125

M:s8oiiri Kansas & Texas '(iSS,
47
Mlssoml Paeific..24, 100, Vi'i, 17(i
Mls8o;irl .Sfate Finances
'685

Mohilo & (Jirai-d
Mobile & Ohio
Morgan's Louisiana

73
170

& Texas
RR. audSS. Co
100
Mutual Union Telegraph
125
Naehr. Chat, it St. L.. .. P85.
•686, 101, 176
Nevada County RR
73

New Jersey Central
i)U
New Orleans & Northeastern.. 12i
N. Y. Chic. * .St. Louis
176
New York City Valnallou
40
New York Elevated.. *085. 24,
N.
N.
N,
N.

199

47,74, 124, 176
Y. & New EngLind
125
Y. Honsatorio <fe No
47
Y. Lack. iSc West
47
Y. Lake Erie i West. .*683,
58,74, 101

N. Y'. Pittsb & Chic
102
N. Y. West. Shore & Buffalo.
24
N. Y. West Shore & Chic
47
Norfolk & Western
74
North Carolina RR
99
Northern of Long Island
12
Northern Pacittc
-687, 154
. .

North & West Branch
48
Ohio Central
11.48, l.'54
Ohio & Miss
-688, 74
Ohio & West Va
*685, 46, 1(0
Oregonian
I77
Oregon Paoitlo
93
Oreg. R'v & Nav. Co
-687, 43
Oregon A Tran8Continental.l2. 48
Owensboro * Nashville
74
Pacific Mail SS. Co
102
Paducah & Elizabethtown
73
Paoama
13. 48
Pennsylv.inia Company
78, 126
Pennsylvania RR
*tJ8S, 2:).
93, 125
Peoria Pekln & Jacksonv
48
.

. .

Petersbura RR
«68t)
Phlla. & Readins.'680, 12, 93,

102, 183, 154, 177
Pittsh. Youngstown & Chic...
75
Postal Telegraph Co
154
•luicksilver Mining Co
178
Kailroads & Express Co's
75
Railroads of tlie U. S. in 1880. 101
Rhioelhick & Conn
102
Kloh. & Allegheny. .-686. 12,
48, 102, 154
Richmond & Danville
66, 125
Rich. Vork River <t Ches
66
Rochester* Pittsb
17-i

Chicago Sc Northwestern.
{For the year ending May 31, 1831.)
The annaal report of this company has juflt been iwaed. The
report now refers to the property and alfairs of the Chicago it
Northwestern Baiiway Compaty and its proprietary roada as *
unit, and abandons what has recently appeared to be a nsnleas
distinction between the road puper ana the so-called proprietary lines. The result of the jfXr's operations is qaite farorable, and shows a surplus of income over all pavments (incladinpr dividendn) of $1,3.")7,229.
The net income, however, bef->r*
paying dividends, was ;P302,666 less than in 1879-80, owing to
the large increase in operating expenses.
The earnings from the whole property were as follows
Gross earnings
$ 19,334,072
Cost of operating (51«2,oo per cent)
i((9,979,019
Taxes
446,201
Interest on bonds
3,647,897
Rent of leased roads
1,381,731
Sinking fund account
93,120— 13,556,979

Net Income

Of

for theyear

$3,777,501

amount, $2,420,272 were absorbed by the dividends o£
6 per cent on the common and 7 per cent on the preferred stock.
The nominal balance of income account carried forward Wtay 3t»
1881, was .'p7,.')33,987.
The following railroads have been added at different periods
within the year ending May 31, 1881.
this

Dakota Central Railroad
Toledo

A

152-40 mlle»
7199 miles
2794 miles
6-10 miles
3-25 miles

North Western RallDJad

Menominee River Railroad
Rock River Railroad
Iowa Railway Coal and Manufacturing
'.

Co. Railroad

Total

261-68 miles
the equivalent of an average of 127 miles operated the
whole year. To this amount add 2,512 miles at the beginning
of theyear, and 3-61 miles for correction of the mileage of 1880,
and we have the total of 2,644 miles in operation during the
year. The total on May 31, 1881, was 2,778 miles.
The amount of bonds issued during the year was $7,054,000,
and the amount retired $183,000, mating an increase of $6,871,—
000 on the entire property. This increase is made up mainly as
follows
Chicago A Tomah Railroad first mortgage 6 per cent bonds
(guaranteed)
$1 ,528,000
Milwaukee A Madison ttrst mtg. 6 per cent bonds (guar.)
1,600,000
Chicago A Northwestern Rallwa.y Company 6 percent bonds,
secured by the first mortgage 6 per cent bonds of the railroads constructed, deposited with the Farmer's Loan and
Trust Company, Trustee, in equal amount to the bonds so
issued
3,405,000
Bonds of the same character, bearing 5 per cent interest
510,000

—which

is

:

Total bonds Issued for additional railroad

$7,013,000
CONSOLIDATIONS.
" With a view of diminishing the number of corporations and
separate organizations incluued in the system of railroads controlled and operated by this company, an effort was made
daring the past year to bring together, capitalize and merge,
under authority of law.'the various propertie.o situated in each

State, so far as the same could conveniently be effected, independently of the organization of the Chicago
Noithwestem.

&

Railway Company.
" In pursuance of this policy, the following companies have.
been consolidated during the year, and before the issue of this

. .

Rutland RR
154
Bridge Co. ATunuol RR.
28, 125
'685
St. LouLs & Cairo
St. Louis Iron Mt. & So
75, 155
St. Louis & San Fran
-686
St. Paul* Diiluth
-686, 155
Scioto Valley
93, 102
Selma & Greenboro
125
Shenandoah Valley
48
South Carolina RR
125
South Carolina State Bonds ... 12
Southern Pacittc
23, 75
SonoraRR
..
155
Summit Branch
125
Sussex
73
Syracuse (N. Y.) Bonds
66
Syracuse Chenango & N. Y
178
Tennessee State Bonds
66
TcxasCentral
102
Texas & N. O. of 1874
75
Texas & Paeille
-687,48,
102, 117, 155, 178
Texas & St. Louis
102
Tol.
Arbor & Or. Trunk .. 155
Toledo Cin. & St. Louis
48
Toledo Pelphos & Burl .... 73, 126
Trunk Line Conference
178
ITulon Paeiflc.-e87, 12; 46, 93, 126
Utah Central
-687
'687
Utah Extension
Utah & Northern
93
Utah Southern
-687
Valley RR. (Va)
*687, 178
Vicksburg <Se Meridian
75, 125
Vicksb. Sureveport & Pacittc. 125
Virginia & Truokse
*687
St. L.

Mm

.

Wab.

St.

Louis

& Pac. ..-68 >,
48. 75, 93, 125, 126

Western Union Tel
White W.Tt*r Valley

.

-687
1

00

report
" The Elgin & State Line Railroad Company, the Saint Charles
Railroad Company, and the State Line & Union Railroad Company, in the States of Illinois and \Vi,soonsin, were con.solidated
under the name of the Elgin & State Line Railroad Company.
" The Chicago & Milwaukee Railway Company, the Northwestern Union Railway Company, the Milwaukeee & Madison
Railway Company, the Chicago & Tomah Railroad Company
(which had previously been merged with the Galena & Wisconsin Railroad Company', and the bheboygan & Western RailwayCompany, were consolidated in the States of Illinois and Wiscon.sin, under the name of the Chicago Milwaukee & North-

western Railway Company.
" The Menoniinee River Railroad

Company

in

Michigan and

Menominee Railway Company in Wisconsin were consolidated under the name of the Menominee River Railroad Company in both of said States.
"The Winona & St. Peter Railroad Company (which had previously purcha-sed the property and franchises of the branch
known as the Winona Mankato & New Ulm Rnilroad), the
the

Plainview Railroad Coiupany, the Chatfield Railroad CompatnTi,
the Rochester & Northern Minnesota Railway Company, tha
Minnesota Valley Railway Company, and the Cnicago & Dakota
Railway Company, have been united in Minnesota, and form
the eiisting corporation of the Winona & St. Peter Railroad

Company.
" The result of

this work has been to combine the eighteen,
distinct organizations into four separate companies, mostlv
situated in the four States of Illinois, Wisconsin, Michigan ana.

Minnesota."

EARScraa asd expes8e.-3.
Compared with the previous year, there was an

increase in
gross earnings of $1,984,723, or 11 44-100 per cent; an increase
in operating expenses, taxes, fixed charges, &c., of $2,387,389,
or 17 23-100 percent andadecreaseinnet earnings of $302,666,
or 7 42-100 per cent. The operating expenses and taxes were
53 92-100 per cent of the earnings, as against 48 60-100 per cent
;

THE CHRONK^LE.

a200

[Vou xxxin.

INCOME ACCOUNT.
in the item of freight earnfor the preceding year. Included
1877-8.
1878-9.
1879 80.
1880-81.
of
transportation
the
for
received
Ifeeeipls—
$
ings is ihe sum of t205,469
$
$
$
lines, as Netearnings
various
of
the
construction
7,130,117
16,894,283
8,917,750
8,908,251
materials used in the
—
properties.
S
respective
Disbursements
$
$
their
$
of
coat
original
beloneing to the
1,213,219
1,225,732
1,408,003
1,384.732
Rent.al8paid
"The considerable increase in operating expenses arisesthe Interest on debt
3,339,195
3,261,793
3,322,015
3,647,897
and supplies and
(2,105.868 12,405,521 t 2,420,273
1 1,956,034
Dividends
cart from the greater cost of material
extraordinary Sinking funds
113,120
98,120
98,120
98,120
higher rates of wages ; and in part from the
95
9,442
and Miscellaneous
requirements of the early, severe and protracted winter,
The interrupit.
6,691,513
7,243,101
the late and backward spring that followed
Total disb'rsem'ts 6,621,663
7,551,022
and intense cold of last Balance, suiplus
508,454
202.770
tion of traffic from the deep « )ws
1.674,649
1,357,229
not
spring,
winter, and from floods and ushets dunng the
the
1878-9, 7 on pref.
t Dividends— 1877-8, 7 on pref. and 3 on common
only diminished the earnings, but greatly augmented
and 4 on com.; 1879-80, 7 on pref. and on com.; 1880-81, 7 on pref.
operating expenses."
,
^ ,.
*
and 6 on common.
As thelarge operating expenses have reduced the net earnings
; Includes $21,011 interest, &c.
of
the
some
comparison
of
slightly below those of 1879-80, a
OENEEAL BALANCE AT CLOSE OF FISCAL YEAR.
main items is interesting:
Assets.
1880-81.
^Tear ending May 31—
$122,431,583
Increase. Railroad. Iniildings, equipment, &c
1881.
1880.
Cliicago
200,000
Real estate in
2,215 Miles. 2,644 Mites.
363,809
$G.iO,831
$142,767 Des Moines & Minn. Railroad account
$488,064
Repairs of engines and tenders
owiied
Bonds
1 ,233,235
114.512
702,617
cars
Eepairsof
JSf'lRr
receivable
and
accounts
1,125,779
Bills
81,555
260,379
175.824
Repairs of Imildlugs
1,255,098
859 Materials, fuel, &c
100,914
Repairs of fences, gates & crossings 100,0u5
1.977,805
31,900 Cash on band
447,574
415,667
Repairs of bridges and culverts
Trustees' sinking fund
1,117,000
202,800
1,921,813
1,629,013
of
track
Repairs
40,937
155,453
114.51
Repairs of tools and machinery
Total
$129,704,369
315,198
1,178.763
863,565
Fuel used bylocomoiives
191,125
Liat}ititie8.
1,044,942
853,817
Euglnenieu, flreiucn aud-n-ipers
Conductors, baggagemen andbraiecommon (less amount held by company)
$15,093,488
93,659 Stock, preferred (less amount held by company)
648,246
554,587
meii
''21,650,783
Stock,
222, (il3
986,722
Laborers and switclimen at stations 764,109
Stocks of proprietary ro.ads, &c
21,'244,65d
112,030 Bonds, including live bonds in sk'g. fd. (see StiPPLEMKNT)
873,402
761,371
Agents and clerks at stations
57,006,000
Per cent of expenses to earnings.
Bonds purchased.
363,000
53-92
4860
Including taxes
Dividends declared, not yet due
831,481
Sinkinj; funds paid
1,117,000
LAND (X)3ISnSSI0NEE'S EEPOET.
Real estate, niiirtgages, &c
482,766
Lands Sold.— The quantity of lands sold from various grants Current l)ills, pav-roUs. &c
2,529,390
63,786
was as follows From the Minnesota grant, 116,555 acres; from Uuc()llect<'d coupons, old dividends, &c
rcntnls of lr;isr(l roads in Iowa, not yet due.
Accrued
272,232
grant,
Wi-sconsin
6,533
from
the
acres;
grant,
51,598
the Michigan
General consolidated Ixinds unsold
530,000
acres ; and from the Menominee Kiver grant, 17,529 acres
Accrued interest, not yet duo
675,430
There were al.so sold 750>^ lots from Miscelianeous
310,376
total sales, 192.217 acres.
7,533.987
the wrants and lands that were platted and laid out for town Balance income accoimt
The total
sites^at different points along'the new lines of road.
Total
$129,704,369
consideration received in cash' and contract obligations for lands
• Including $500,000 to be Issued for La C. Tremp. & P. stock.
and lots sold, amounted to $646,907. The number of acres
actually deeded during the year was 114,539 ; and the number
Sarannah Florida & Westei'n.
of acres at the end of the year contracted to be sold was
284,116.
{For the year ending Bee. 31, 1880.)
Cash Receipts. The moneys received from cash sales and
This company acquired the Atlantic & Gulf Road at foreadvance payments amounted to $368,369 ; from instalment closure sale in 1879. The only report made of its earnings or
payments on time sales, $148,638 ; from accrued interest on con- financial condition for several years past is that published in
and from miscellaneous collections, trespass, Poor's Manual for the year ending Dec. 31, 1880. The road
tracts, $36,678
stumpage on timber lands, &c., $7,308 total receipts, $560,994. operates in all 351 miles.
Amount of Lands. In my last report the aggregate
The traflic was as follows:
quantity of land belonging to the various grants, ex1880.
was
given
as
lands
contracted to be sold,
Train miles, passenger.
tlnsive
of
272,831
Train
freight
miles,
459,219
quantity
;
since
that
time
further
the
1,941,039 acres
of 300,588 acres has been added, of which 33,491 acres
Total
732.050
belong to the Menominee River grant for extending the rail- Passengers carried
169,855
7,728,402
road in Michigan, and 267,096 acres appertain to the Minne- Passenger miles
306,589
sota grant. In the latter amount are included 197,111 acres Tons freight moved
Ton miles
33,862,813
vested in the Winona & St. Peter Railroad Company, but
Average train load:
28*33
subject to decree in a final decision of the court, determining Passengers, number
73'74
the amount of land earned by the original owners for construct- Freight, tons
ing the first 105 miles of road before its acquisition by this
The earnings for the year were as follows:
company in 1867. The total araotint of land in all the grants Passage
$202,309
Freight
836,307
undisposed of on the 31st of May last was 2,050,917 acres.
Mails
35,261
TABLE OP LAND ORANT LANDS FOE TEAR ENDIBO MAT 31, 1881.
Miscellaneous
120,789

m

;

.

—
—

:

;

—

;

;

—

Kame of
L'nd Grant.
Minnesota

Acres
Acquired

Deeded

Acres

During

During

Under

Acres not
Deeded or
Contracted

Tear.

Year.

Contract,

to he Sold.

22,305
583,186
351,402
92,090

207,096

59,710
32,400
9,077
13,349

232,136
46,226
1,454
4,299

1,097,553

2,148,984

300,583

Acres
Unconrci/ed
Mai/'Sl, '80.
1, 1

Miclilgan

Wisconsin

Men. Riv. RR.
Total

33,'491

Acres

504,559
340,870
107,932

114,539
234,116
2,050,917
The comparative statLitics of operations and financial condition, prepared in the usual form for the Chronicle, will be
found in the tables following. The figures for earnings, expenses, balance sheet, &c., are for the whole line:
RO.U) AND EQUIPMENT.
iillcsClilc.

&N.W...

1877-8.
1,616

462

538

880

2,078

2,154

2,512

2,778

369
264

377
275

9,135

425
297

476
327

9,836

12,682

16,072

275

274

Locomotives
Pass., mail &exx>.car8

Prelglitears
All otlicr ears

1879-80.
1,632

1880-81.
1.725
1,053

Proprietary roads
Total operated...

1878-9.

1,016

243
243
OPERATIONS AND FLSCAL REStrLTg.

Operations1877-8.
1878-9.
1879-80.
1880-1.
Passengers c.arriejl.
3,410,413
3,328,127
3,964,798
4,482,317
Pasgenger mileage. ..118,877;406 110,068,482 14o!lT6!884
164'33-T508
Rat* per pass. p. mile
2-83 cts.
2-70 etsT
2-67 ets
2-.3 cts
Fri- Kit (ton«) moved
3.911,201
4,265,937
5,574,035
6''ir;
'?;.'."„"',"" ""'VVO^S.VeS.SOS 681,878,311 865,909,542 980;r25',77i
a'v

Av.ratep.tonp.mUe
Earnings—

1-72 eta.

1-56 cts.

?

$

1-49 cts

«

1-47 cts
iS

f?«f«,nKPr
3,366,679
lO-ZSi-ia?
KS',**!.'-:.-:;-;-.—
Hall, express, &c...
630,216

3,240,696
10,637;368
702,857

3,737,343
12;897;778
714,228

iMultii

Total groBS eam'gs. 14,751,063
Operating expenses.
7,260,119

14,.580,921

19,334,072
9,979.619
440.202
10,425,821
8,908,251
53-02

Taxes

Total
Het earnings

F.cotop.cxp.toeam.

360,827

357,996

17,349,349
8,049,358
382,241

7,620,946

7,707,649
6,873,272
52-86

8,431,599
8,917,750
48-59

7,130417
51-66

7,349,053

4 158 130

701,791

Total ($3,403 61 per mile)

Expenses (69-44 per

$1,194,667
829,587

cent)

Net earnings ($1,040 12 per mile)

'.

Payments from net earnings were
Net earnings, as above
Interest on funded debt
Dividend, 7 percent
Other payments

$365,080

$365,080
$186,849
140.000
10,000
336,849

Balance to surplus

$28,231

The general account

is

as follows

:

Stock

$2,000,000
2,705,100
548,780
50,000

Fimdeddebt
Bills and accounts payable
Profltandloss
Total

00
00
28

64

$5,303,940 92

Cost of road
Materi.ils on hand
Current accounts

$4,351,194 82

23
368,170 36
27,979 51
50, .590

Cash

$5,303,940 92

Total

The bonded debt

. . .

as follows:

that subject to which the road was sold ;
it consists of $1,666,000 Atlantic & Gulf consolidated firstmortgage bonds ; $336,000 Savannah Albany & Gulf bonds
$664,000 South Georgia & Florida bonds, and $39,100 Junction
Branch bonds. Only the consolidated bonds are secured on
the whole road. The interest charge is $189,748 yearly.
is

GENERAL INVESTMENT NEWS.
Boston Barre & Gardner.—This company has voted to issue
bonds to the amount of $100,000, payable within fourteen years
from date( for the purpose oi providing for the payment of its
floating indebtedness), in addition to the bonds heretofore issued
or authorized to be issued.

AcousT

Chesn|)pnk« Ohio

&

THE CHRONICLE.

20, 1881.]

& SonthwcHtern.—The

Chesapeake Ohio
have a through
ftfenphis, was organized last

SotithweHtHrn llailroad C'ompaiiv, which

line

from Nowport News to

is

to

201

io Laredo, on the Rio Grande River, at the rate of a mile and a
half a day.

Lehigh

Wednesday

& HndHon— SnSHex.— Thiii company

has purchased

I'aducah, Ky., with the following board of of the .Sussex Railroad Company the portion of its Ime
at.
known
directors C. V. Muntington, President ; John IJchuls of Vir- as the McAffee branch, and are equipping it tbroaghont with
ginia, Vice-President; Ex. Norton, New York; Thomas C. Piatt, steel rails. They are now running th«ir trains as far as FrankNew York; John E. Devlin,' New York; Isaac K. Gates, New lin Furnace, there making connections with the New Jersej
York; Henry D. McIIenry, Keutiu'ky; E. D. Htandiford, Louis- Midland and the Delaware Lackawanna & Western.
Unaer the laws of Tennessee
ville; H. Cummins, Tennessee.
Little Rock MlHslsslppI & Texas.—The contract for tha
the consolidation of tlie road from Memphis to Paducah with construction
of 40 miles of road on the Texarkana division of
the road fri)ra Paducah to Elizabethtown cannot be consum- the Little
Rock Mississippi River ti Texas Railroad has beea
mated until sixty days' notice has been given. The board of awarded to McCarthy &
Iloman, who are now building the Dendirectors will therefore meet at Uieves, Tenn., October 17, when
ver & Rio Grande extension in Colorado. The new road extend*
all the legal requirements will be fulflled, and the two roads
from Monticello to Warren, and is to be completed by Jan. 1.
Mr. Huntington's plan is, for the present, to
will become one.
Lonir Island Railroad.— The Neiv York Times reports tha
get into Louisville from the Lexington (Ky.) terminus of the
Chesapeake & Ohio over the Louisville Cincinnati & Lexington the trains running on the Great Neck branch of the Flushing*
North Shore RR. have been abandoned.
The road has been
road; but as soon as possible he will build a line from Leimgton acro.ss to the Paducah- & Elizabethtown road at Elizabeth- operated under a lease by the Long Island Railroad Comtown, with a branch to Louisville from Bardstown, about thirty pany, and the rea.son given for its abandonment is that it is
in a dangerous condition.
About a year ago the road passed
miles, and another from Elizabethtown, forty miles, by the
For some time pa.st the bondCedar Creek route. The Paducah & Elizabetntown rDad gets into the hands of a Receiver.
into Louisville at present over the Louisville & Nashville line holders have not received their interest. The result is, they
from Elizabethtown. The line from Louisville to Memphis, 393 have effected a foreclosure and the property is to be sold to
lleantime, it is claimed,
miles, is almost exclusively the personal property of Mr- Hunt- the highest bidder en September 27.
ington. It will be shortened 25 miles by builaing a new line nothing can be done to put the road in order.
from the Tennessee River direct to Mayfield. Through trains
LonigTille & Nashville— Peasacola
Atlantic—The P.
from Richmond. Va., to Louisville will be running by October 1. A. Co. is building a road, 185 miles, to connect the Louisville
York World.
& Nashville system with the Florida system of roads. The
Chicago Burlington & Qnincy. The following is a state- company has issued $3,000,000 of stock and $3,000,000 of first
ment of earnings for the montli of June, 1881, and for the first mortgage 6 per cent bonds, due August 1, 1&21, amounting to
six months of tne year 18^1, compared with corresponding time
$32,4:^2 per mile.
The company has a land grant of 25,000 acres
last year
per mile. The Louisville & Nashville RR. Co. has taken the
Gross
Net
entire issue of bonds and has secured control of three-quarters
Expenses.
Ijarnini/8.
Earnings.
of the capital stock. The Louisville & Nashville stockholders
For the month of June, 1881
$U62,7SS $1,121,014
^^,083,802
do
do
1880
1,682,956
834,212
848,744 of record Augu.st 25 may subscribe for these bonds at 95 cents
on the dollar and interest to an amount equal to 15 per cent of
Increase
$400,815
$128,575
$272,270 their holdings in Louisville & Nashville stock, and they
will reFrom Jan. 1 to June 30, 1881.... $0,098,547 $4,940,003 $4,157,943 ceive with the bonds stock to the amount of 4 per cent of their
do
do
1880.... !»,«59,C05
4,047,296
5,012,308 holdings.
The Louisville & Nashville guarantees the bonds,
principal and intrere.st. For fractional portions scrip will be
Increase
$293,306
$
$
Decrease
561,058
854,363 issued. The right to subscribe expires September 15, and subColnmbia
GreenTllle.— The following is a statement of scriptions must be paid between October 15 and 31.
:

&

&

—New

—

&

earnings and expenses of tlie Columbia & Grreenville Railroad
(197 miles) from 23d October, 1880, to 30th June, 1881.
Receipts—
FreigUt
Passengers
Telegraph

$378,286
74,1H6
3,585
3.924

Express.-.

Mail
Miscellaneous sources

8,389
22,624

Total

$490,997

OpcratliiE expenses
Extraordiuary expenses

$227,286
86,087

Total expenses

$313,374

Net earnings

$177,622

—

Denver Longmont & Northwestern.
This company is
reported to have made a favorable contract with the Denver
Utah & Pacific Railroad Company, by which it saves the building of fifteen miles of road, it having the use of the Denver
Utah & Pacific line to that extent into Denver for the intere.st
upon one-half the actual construction cost of the line. The
Longmont road is now railed to Canfleld, some ten miles out of
Longmont, and will open this section for traiflo on the 26th.
The whole line to Denver, thirty-two miles from Longmont, will
be completed October 1.

A

Denver

&

Rio Grande— Chicago Burlington

& Qnincy.—

dispatch from Denver. Col., Aug. 14, says: " This morning's
newspapers contain a report that the Denver <& Rio Grande and
the Chicago Burlington & Quincy railroad companies have
agreed to build together the Burlington & Missouri Road to
Denver. The end of the Burlington & Missouri Road is now
about 200 miles from this city. It is also stated that the two

companies have formed a close and permanent alliance and will
make the Utah extension in common to Ogden, there connectiag with the Central Pacific Road, thus making another
through line from Chicago to San Francisco via Denver."
Georgia Pacific— The construction contract for building the
Georgia Pacific Railroad from Atlanta, Ga., to the Missis.sippi
Eiver was signed Saturday last by the Georgia Pacific Railroad
Company, of Georgia, and the connecting railroad companies
which are to be consolidated, making one comoany from Atlanta,
Ga., to the Mississippi River. The construction company which
takes the contract for building this line of from 450 to 500 miles
IS the Richmond & Danville Extension Co., which was chartered
and organized for this pnrpo.se. Its subscription list has been
completed for a capital of $5,000,000. The board of directors,
having approved the list which had been signed for that
amount, made the first call of 20 per cent upon the stock, payable September 1.
The construction company thus has a subscribed capital of 15,000,000.
This, it is said, means the early
construction of the road from Atlanta to the Mi.ssi.ssippi River
the interest of the Richmond & Danville Railroad system, it
being understood that what is known as the Richmond & Danville syndicate controls a majority of the stock
of the Georgia
racifac and of the Construction Company.—
iV. Y. World.

m

International & (ireat Northern.—This road is now running trains to Pearsall, 54 miles west of San Antonio. This is a
I art of the line to Mexico, and the company is pushing the line

Minneapolis & St. Louis.— The Hon. W. D. Washburn, of the
Minneapolis & St. Louis road, states that the company.'of which
he is a leading stockholder and director, will place $2,000,000
of ics common and preferred stock upon the New York Stock
Exchange.

Mntual Union Telegraph Company.—Under date
13, Messrs.

George William Ballon

&

of August
Co. have issued a circular

from which we quote the following:
In response to numerous inquiries from tbc holders of the securities of
the Mutual Union Telegraph CompaDy, we talce pleasure iu submitting a
statement of the progress of the company up to date, together witn a
general idea of what tUe officers hope to accomplish within the next
sixty days.
The old line between Boston, Mass., and Washington, D. C, has been
fully equipped, passing through the cities of Proviilencc. ilanford, New
York, Philadelphia and lialtimore, with connections from tlio main line
to Newport and Spriugfield, Mass., Newark, N. J., and Wilmington, Del.,
a small link of the Newark line being not quite tlnished.
The extension of the company's lines which was contemplated four
mouths ago, and tor the building of which bonds were suliscribed, is
under construction, .and the rapidity with which the work is being prosecuted bids fair to promise that the entire line between New York and
Cliicago. by way of Albany, Buffalo, Cleveland, Toledo and Detroit, will
be open for business by the early part of October ; auotUer line will connect Boston with Albany, by way of Springfleld.
>
A contract has been made with the Chicago & Milwaukee Telegraph
Company for the use of their poles between Cliieaeo and .Milwaukee,
and it is expected that the uew lines which are being built between Milwaukee and St. Paul, and Chicago and St. Louis, by tlie Mutual Union Telegraph Company will be fluished simultaneously with the line from New
York to CbieaMO.
A southerly line has also been surveyed between Washington <$: Chicago, by way of Cumberland, Wheeling & Pittsburg, including Cincinnati. ZaneSvillcColuiulius, Indianapolis, Torre Haute and Vandalia, and
is being rapidly pushed towards completion, so that it is contidently
expected that the company will have two independent routes to the
West ready for service within the next ninety d.ay8.
A contract has also been made to extend tiie company's lines from St.
Louis to Kansas City, and it Is thought that they will be built before the
approach of winter.
A counectiou has also been made from Boston to Bangor via Portland,
and that line is to be comjileted by the llrst of November.
With a view to opening, for public business, the telegraph lines which
have been fully equippeil, the company is now seeking suiiablc locations
in the different cities for offices, and souie very favorable sites have
already been secured in New Y'ork. Boston, Philadilphia and Baltimore.
Ill conformity with the provisions relative to the purchase of Mutual
Union Telegraph Company's sccm-lties, there have been distributed to
purchasers up to date about a miUiou of
per cent bonds, aud it is very
gratifying to be able to assure you that the revenue from private wirea
now in operation, aiid from other sources, is amply tiullidcnt to pay the
interest on these l)oii(l3 outstanding, and, with the opening of regular
business to all the important telegraphic centres, we are convinced that
the company will be able from the start to cam a large surplus over ito
interest charges, and can therefore heartily recommend these securities
to the attenliou or investors. At the same time there is a great future
for the stock of the company, and we believe that the assured increase
of business will warrant its soon being placed upon a divideud-paTlng
basis.

Nashville Chattanooga & St, Lonls.—The following is a
statement of receipts and expenses for the month of July, 1881,
compared with same period of last year
:

RECEIPTS.
1891.
1880.

Passage
Freight
Mall

Rents and privileges

$47,183
97,696
8,623
1,927

$37,0«5
109,279
3,400

$150,430

$151,594

1,762

Inerease,

Dterea

$10,097

*iljl83
157
164
$1,163

THE (CHRONICLE.

202

Increase.

1881.

890.

Malnteoanoo
*?S'???
MotlTO power.
13'883
...
Maintenance of cars
Conducting transportation -o,lHO
1,00^
expenses
General

2,427
3,675

COMMERCIAL EPITOME.

808
1,379

Feidat Night, Auoiist 19, 1881.
advices from Washington have been such as to excite
grave apprehensions regarding the recovery of President Garfield and have had a very disturbing effect on business, and re-

The

$3,555

$96,248
$55,345
38,537

$99,804
BuridoBOvercperat'ecxpe. «50,6C6
lut.ou bonded debt & taxes 40,559

Decrease.

$4,735

$31,071
23,424
10,207
23,371
6,173

of -way

XXXI li-

fixe dTainmercial jinxes.

EXrENSES.
3

[Vol.

$4,719
2,022

6,741
$16,808
$10,066
tarded in some degree the progress of trade. A flurry in the
Orlean§ Paciflc.-The opening of the New Orleans money market has also taken place, during which rates for
makes the distance by rail
Pacific Railway, rec-ently announced,
put at extreme figures. Bat neither the
of temporary loans were
from Baton Rouge to" New Orleans 98 miles. The work
nor the high rates of monej', nor
President
the
of
condition
as
pushed
being
is
northwest
and
making the extension north
both in conjunction, have prevented the development of a
fast as men can do it.
New York Lake Erie & Western.— The following is the wide-spread speculation in staples of agriculture, having its
comparative statement for the mon.h of June and for the nine chief basis in probable short crops from the drought in July,
months ended Jane 30:
and from other causes. It has been pushed with vigor, and
Increase.
1881.
18S0.
Month of June.
parties having contracts for prompt delivery have generally
$133,170
$1,791,982
$1,661,812
Grosseamlngs
118,047 covered them at advancing prices.
1,063,732
943,704
Working expenses
The provision market has shown the existence of a liberal
$15,123 speculative interest, and, while values have been irregular and
$731,230
$716,108
Net earnings.......
Increase.
1880-81.
1 879-80.
October 1 lo June 30.
at times weak, the general course has been upward, in sj^mpa$1,702,588
$15,421,430
$13,718,841
Gross earniUKS
Western markets. To-day mess poik was sold on the
1,250,234 thy with the
9,893,516
8,643,282
Working expenses
spot at $18 25@$18 50@$18 75, the latter for choice grades^
$452,354 September options sold at $18 and October at $18 25@$18 50.
5.527,914
$3,075,559
Net earnings
for short
Ohio & Mississippi.— Mr. John King, Jr., Receiver, has filed Bacon is quoted at 9Mc. for long and 10c.
9%c. Lard closed weak, after selling at
his report of the receipts and disbursements of the road for clear; half-and-half,
ll'65@ll"70c. for prime Western on the spot; September conthe month of July, as follows

Net

eaininj.-8

New

:

1881.

Jieceipis.

Casli on

hand July

1

Cash from station agents
Cash from conductors
Cash from individuals. KK. Cos., &c
Cash from e.xpresa companies
Cash from Post Office Department
Total

_

tracts realized ll-57?^@ll-62J^c.; October,

1880.

$182,383
333,93o

$155,030
452,328

5.718
28,787

5,909
23,446

777

747

26,645

21,649

$572,250

$639,111

$409,866
132,302
984
29,147

$334,955
131.708
834
191,6:5

Disbvrsemcnts.

Vouchers subsequent to Not.

Pay

17,

1876

roll*

Arrearages
Cash on hand August

1

$572,250

$639,111
Owenshoro & Riissellvilie. There was a meeting in LouisResolutions
stockholders of this railroad.
the
Tille of
were adopted looking to a consolidation of the Owensboro &
Russellville and the Owensboro & Nashville, putting the line
from Owensboro to Nashville under one management. Colonel
Bevier submitted his plans for completing the road, which were
approved. Bonds to the amount of 52,000,000 will be issued.
This, it is thought, will be sufficient to complete the line from
Owensboro to Nashville, and the work will be pushed forward
rapidly.
Total

—

Fliiladelphia * Reading.— The Receivers of the Philadelphia & Reading Railroad Co. have begun the payment of
past-due dividends to stockholders of the Schuylkill Navigation Company (which is operated under a lease), at the rate of
one per cent for preferred and 50 cents per share for common
stock. The dividends were due July 1 last.
Railroad Agencies in London. A subscriber in London
writes to The Chkosicle: "If railway agencies were established

—

London for the transfer of shares of the American lines and
payment of dividends, and generally to give informait would be a great convenience to English holders and
would give stability and increased value to the shares. I allude
more particularly to the
line, and venture to ask
your powerful influence to attain this desirable object."
Ricliniond & Alleghany— Ohio Central— Atlantic & Northwestern.- Richmond, Va., dispatches, dated Aug. 15, state that
notice was filed in the Chancery Court by George B. Harrison
and others, stockholders of the Richmond & Alleghany Railroad Company, that application would be made for an injunc.tion and restraining order to prevent the amalgamation or
consolidation of the said company with the Atlantic & Northwestern and the Ohio Central railroad companies, and to preTent the said railroad companies and the syndicate committee
thereof from issuing or recording any mortgage or lien upon
the property and franchises of the Richmond & Alleghany
Railroad Company, under any other name whatsoever, other
than the $5,000,000 authorized by the charter.
St. Jolinsbnry & Lake Champlain.—The total income of
in

for the
tion,

this road for the past fiscal year was $178,599; expenses, $126,«32. There has been paid from the nei income for balance of
interest |19,376, and for new equipments $25,660. The increase of earnings over the previous year is 22 per cent.

ll-70@ll-80c.;

No-

vember, ll-77^@ll"82^c.; January, ll-92^@12c.; seller year,
Beef is
ll'57/2@ll'62;J^c.; refined to the Continent, ll-65c.
Beef hams are
quiet at $23@$25 for extra India mess.
Butter is held firmly for fine grades,
quiet at $22@-523.
which are scarce. Cheese active and higher at 9^@ll36e for
Tallow has advanced to 6M@7c.
fair to choice State factory.
Steaiine is dull at 13c. for prime.
In naval stores a fair business has been effected at $2@$2 07^
for strained to good strained rosins, and 46@46/^c. for spirits
turpentine. Petroleum has been dull and easy refined in bbls
Crude certificates have a good speculation at higher
7>^c.
closing 8l5ic. bid Ingot copper has advanced to 16%c,
prices
for Lake. All other metals are firm, and pig iron and rails are
active for 1882 delivery. Lead is quoted at 4 90@5e. for common domestic. Pig tin has advanced to 21/^c. Steel rails,
$53@|65 iron, $48@$49 old iron, $27 50@$29 50 for T's &
Wool is still quiet and without especial features of
DH's.
Hops are dull and wholly nominal. Hemp sold to the
interest.
extent of 10,000 bales Manila to arrive, ll@n>^c.
Rio coffee was very quiet until to-day when the sales reached
10,000 bags; the market closed firm at 12Mc. for old crop fair
cargoes and 12%c. for new. Mild grades h^ve sold fairly at
generally steady prices. Rice has been in fair demand and
steady. Molasses has been in fair demand for the grocery
grades and prices have been steady ; boiling grades have been
firmer, but not active, at 34@34^c. for 50 degrees test ; 34c. is
now quite generally bid. Spices have been quiet with pepper
rather weak. Raw sugar has been only moderately active, but
has remained firm at 75i@7/ic- foi' fair fo ^ood refining.
Latterly there has been a slight improvement in the demand
for the better grades of muscavado and for centrifugal.
Soxes.
Bags.
Melado.
Shds.
CIS
65,460
22811
Reo?ipt8 since Angiiet 1
Au^ustTl
79,.537
10,541
bales since
17»
110,771
7,860
1,053, 1!;1
Stock August 17, IS'^l
929,138
6,720
126,744 10,074
Stock August 18, 1880
Refined sugar has been in fair demand and firm latterly at
lOMc. for crushed, lOVsQ'lO/^e. for powered.. 9%c. for granulated and 9;4@9%c for standard "A." Tea has sold lower in
most cases at the auction sales, and otherwise the market has
been very quiet. Green and Japan have been comparatively
steady, but Oolong has favored buyers and the bulk of the
trade has been in this description.
Ocean freight room daring the past few days has been sparingly taken in view of the rapid advances in the grain market,
thus checking an export interest. Tonnage is only in moderate supply, and yet rates are weak at a sharp decline. The engagements were Giain to Liverpool by steam,
bacon, 25s.@27s. 6d.: cheese, 30s.; cotton, 7-32@Md.;
5d.
flour, 17s. 6d. per ton
grain to London by steam, 7d.; cheese,
30@35s.; flour, 18s. 9d.; grain by sail, O^sd.; do. to Glasgow by
steam, quoted 4>6d do. to Bristol, 7d.; do. to Hull, 6d.; do. to
New Castle, Leith, Rotterdam and Antwerp, by steam, 7d. do.
to Cork for orders taken at 4s. 9d. per qr. ; refined petroleum
to do., 4s.; do. to Dublin, 3s. 7^d
do. to Antwerp, 3s. 4^d.@
;

;

;

;

4@4M@4^@

;

;

;

;

;

;

5Md.; crude do. to Dunkirk, 3s. 6d.
There has been an active speculation in Kentucky tobacco,
Charles Crocker, President of the Southern Paciflc itailway,
said to a Bulletin reporter that the company were laying a based on reports of serious injury to the growing crop by a
mile of track every day beyond El Paso. They are grading prolonged drought. There can be no doubt of the truth of
Trom the other end of the road and have the road graded for these reports. The sales are very large, but the exact quanti020 miles, and 60 miles of track laid westward from San Antonio. ties cannot be g'.ven. Prices of "useful grades are l^@2c. per
Texfls Trnnk.— The track on this road is now laid to Kauf- lb., but so unsettled that no reliable quotations can be made.
roan, leias, 35 miles east by south from the starting point at Seed leaf has been rather quiet, being generally held higher,
JJallas.
Regular trains between Dallas and Kaufman will be the crop reports not being entirely satisfactory. Sales for the
week are 2,550 cases, as follows
1,300 cases 1880 crop, Wis.put on shortly.

Sonthern Paciflc In Texas.— In San Francisco, August

11,

3s.

:

TWabash

Lonis & Paciflc. -The new direct line of the
Wabasli Railroad bet-veen St. Louis and Detroit was
opened
Angnst 14, and the first through train from St. Louis left on

tOAt da/.

St.

consin, 4@8}6c.; 300 cases 1879 crop, Wisconsin, 4@7c.; 400
cases 1880 crop. Pennsylvania, 12@20c ; 100 cases 1879 crop,
Pennsylvania, 7@30c.; 300 cases, 1880 crop Ohio, private term.i,
and 150 cases 1879-80 crop, sundries, 5@20c. Also, COO bales

Havana, 88c.@$l

20.

AtooeT

THE CHROMCLE.

20. 1881.J

COTTON.
Friday. P. M.. August 19. 1881.
Thb MoVR.>reyT OF THB Crop, an indicated by our telwprramg
from the Sou til to-niKht, is f^vm below. For the week ending
this evening (Angnst 19), the total receiptH have rea<!hed 'J0.538
bales, against 13,002 bales last week, 17,818 bales the nrevions
week and 16,151 bales three weeks since; making the total
receipts since thf 1st of September, 1880. 6,8M.123 bales, against
4,916,971 bales for the same period nf 1879-80, showing an increase
since September

ReeeipU at—

1880, of 892,ir)2 balee.

1,

Mon.

Sal.

450

893

Galveston
Indianola, &e.
OrleauB...

New

336

2,114

59

491

Mobile

Wed.

Tiict.

395

624

095

914
127

288
12

Total.

Pri.

Thitri.

1,097

144

033
183

3,712

481
294

5,220
1,127
9
3,763

9

FlorUlft

Sttvannah

010

902

325

152

123

15;

5il

727

618

43

203

696
102

183

—

94

167

Norfolk

161

333

33
63
274
240

ii;

City Potiit,&c.

2S3
296

137
318
200

New York
Boston
Baltimore
Totals this week

2.906

352

257

272
45

61
191

344

127

.35

500
14

5,13?

3.021

2.263

3,547

3}

PUlladclp'a, Ac.

1879-80.

1880-81.
to

This
Week.

Galveston

3,220
1,127

Molille

Florida

335,892

9

20,-;2ti

874,871
5,019

Charleston
Port Royal, Ac.

1,376

Wilmington
M'head City,&c

54

Norfolk
City Point, &c.

936
274

621,120
50,142
118,479
30,606
717,444
211,411
1751183
186.409
53,100
81,738

Brunswick, &c.

102
33

New York

1,341

Boston
Baltimore

750
926
532

PUila<lelphia, <to.

1881.

1,530

,535,534

3,763

Savannah

1880.

2,480

30,307
2,970
3,655
1,380

72,130
6,767
1,504
5,565

8.390 4,916.971 217.896 130.704

20.538 5,809, las;

In order that comparison may be made with other years,
give below the totals at leading poits tor six seawns.

at—

Galvesl'o.&c.
New Orleans.

1881.

Wilm'gt'n, &o
Norfolk, &o..
All others....

3,395
5.220
1,127
3.763
1,478
87
1,210
3.758

Tot.thlsw'k.

20,533

MobUe
Savannah
Charl'st'n.ifeo

Since

.8fipt. 1.

1879.

1880.

Vew Orleans...
Savannah

Hew York
Other porta
Total.

Ezpt/rteii

Bxporl*
Grtal
Brifn.

from—

Pran« „^,.

Orlvan.-!

1.

Wetk.

9.889

.^^

rntuJ

108,746

47.1.120

355.928 1.620,.S03
116.283
7,419

8.0,013
230.919
87,18i

WtlmiDRton.

818.046
410.226
lSt.0'4
123.80
77.40^

Norfollt
4,fl8)

790

Phllndelp'a.&c

Tot»l

104

\.Ml
25,7it)

Tof.ll ISTO.HOl

"iiiolades

748

0,018

280.914

217,268

1,444

ll,22tl

ss.eio

9.922
118.533

3j0
31.993
102

507.793
470.793
69,810
828.318
56T,4i 5
ISJ.O^S
19S.27.'

77,907

8.8W,S70 5".3.d98 I.:?0.9« 4.5J4.050

21

2S<t9 3?jJ

1(1 '^11

exporM trom Port Uoyal

87,88*
6!, 910

&

«'4 945 3.tM0.720

j

I

*

to confirm.

—

—

The following are the
were to arrive.
sales for ?ach day of the past week.
Aug. 13 to
Aug. 19.

Sat.

Ordin'y-^lh 87,„
Strict Ord..
9"1«
Good Ord.. 10

Taea

813,„ 813,, 8!>|« 8i3,a Si3i8
»'1«
a^A 97l8 9713
O'lS
U'lfl
IOI4
1038
lOU 1038 1038
103s
10I3l8'l015;„il013t6'10lai6'10.3,g:iOI5ia

9'i6

i>-'lrt

10%

TEXAS.
Sat. nton.

8ii,c

30,

S9l«

and

quotations

official

NEW ORLEANS.
Mon Tae*

UPLANDS.
Mou Tuea

Sat.

1

loie

Str.G'dOnl I09ia lOllio 1011,
Low Midd's ii^« 11'1« ll'lB ll»i8 iniieiinialilBig ll>ll6ll'Il«
12ie
12
I219
1218
12%
Str.L'wMid
ll'ft
U'S 12
1238
1214
1216
1218
1238
1214
1238
1238
Mid<lUng... 12

WH

Good Mid. I2I3

125s
12'8
r.iH
1138

Str.G'dMid;123j
Midd'gFairil3i2

lVi»8

12%

12'8
13=8
1438

13

I414

Fair

Wed Th.

j

I

12-'8

1278

1318

13ifl

11379

13^8
1458

Ordin'y.^lh
Strict Ord..

31 he!

93ia

9»ie

ll'Jia

il2

\l2U
|12%

!

13%
I412

14»8

O'le

1

8l3ie
97i6

Il»i8 ;lUii8
12
12%
I2I4
1238

V2\

il3

13

il3%
'14%

13%
14%

12-'8

,13%
13^9
14=8

Sat.

STAt.'JED.

Low Middliug
MiddliUi<

12'9
131a

1413

8i5i„
99(6

81»18
98,6

10%

8i:'ie

i3-'8

12'8
1319
13'8

14=8

1145?

.

1214

13
I314
14

13

14%

14%

Frl.

S13i6
!»9l8

1038

Ifci^ia'

12^
12%

9»i8

10%

10%

ll'is

llli«

lliiij lUSia 111.^14
12% 1214 1I214
1238
12% ]12%
12'8
13
13
13% ISI4 II314
13'8
<14
14
14=8
14% 11%

12%
I314

14

noD Taes Wed

Tta.

83,8
0»18
101,8
1138

85,8
97,6
103,8

83]8
9^16
9l4l6 101,6
III4
1138

Uo<>d Ordinary
Strici tfood Ordinary.

1234
13

13%

Frl. W^ed Tta.

Frl. lived Tta.

9B18
101,8
1138

Frl.
85,6
9'l«
103,8

11% lll%

MARKET AND SALES.
8.VLE8

Britain. France
I

*.

Boston
Baltimore

190.265

speculation in cotton for future delivery has been
week under review, and has at times shown

—

8i;.345 93.0 !
931.993 318.1T4
84,070 24,774

.

New Turk

27,631

active for the

SPOT MARKET
CLOSEU.

Mon

Nominal

.

Wed

at

Dull
Dull

.

Thurs Steady at
Frl.

Quiet

.

Total

1

Elport.

lool

Dull

Sat
Tiics

.

4,909

l.-..'.'il4

96.009
19,471

Included in this amount there are 1,600 bales at presses (or torelgd
ports, the dostina.lon of whioh we cannot loam.

LowMldd'Hll'in

Florida

Charleston

350

555

62.378
2,879
1,435
2.029

None.
50

Exportfil tn

llobile

Savannah

None.

3.309

17,108

1880. toAtui. 19, 18SI.

Total

Qalveeton...

New

Sept.

to—

OonttI

None.

2.500
5,468
•7.530
1,330

Str.L'wJIia;il'8
Middling. ..112%
Good Mid. .lie's
9tr. O'd.Midiia's
Midd'g Fiiir 13=8
'1438
Fair

exportb for the week ending this evening reach a total
of 26,602 bales, of which 25,72^ were to Great BriUin, 21 to
France and 852 to rest of the Continent, while the stocks aa
made up this evening are now 217,896 bales. Below are the
export 1 for the week and since Seotember, 1. 1880.

fVom

2.500
2,060
None.

10,213

•

The

Vi.

2,50

7,151

,5809.123 4916.971 4443.406 4273,515 3965.305 4107,135

A \%Q.

None.
None.

200

2,611

325
893
241
98

Galvatton Ic-jUides Indlanola; Charleston incmdea Port Royal, iic;
Wiluih.jron Includes Morehead City, &c.; Norfolk includes City Point, ifec.

Week EtuUnQ

50

5,699

1,181
501

4,843

None.
None.

.Voue.

Good Ord 10% 1014 IOI4 1038 10%
Str.G-dOnllOlijs lOi^ia 10i3i,'l0:5i8

97

8,396

305
None.

1,695
1,476

499
276

77

None.
3,309
5,500
1,500

Balveston

Stock.

Total.

8.109
None.
None.
None.
Nono.

206
430
495

2,111

330
60

1,711
2,170

Nontr.

1,036
1,367

3,139

780
236
726

86
29
272
480

6,709
None.

Mobile
Cnarleston

402
760
166
200
192
593
126
199

1,649

1,047

we

1870.

1877.

1878.

1

5,942 biles, including 1,600 for export, 4,2H2 for consumption,
in transit.
Of the above,
bales
60 for speculation and

Stock.

Since Sej).
1, 1879.

407,732 20.732
7,819
69
780 1,480.481 62,791
2,879
236 351,312
20,156
5,086
726 726,430
4,529
3,675
1,047 455,259
1,485
30,639
49
473
77
76,637
26,965
3,041
1,613 582,334
98 155,856
216,310
72
104,159
232,728
1,261
7,125
19,324
1,048
7
4,196
830
54,184

676,055
15,634

183

New Orleans

This
Week.

Since Seji.
1, 1880.

3,712

Indlanola, &o..

Receipts

Britain.

Coast.
vise.

3,307

20,53S

following table showing the week's
total receipts, the total since Sept. 1, 1880, and the stocks to-night
and the same items for the corresponding periods of last year.

Auffust 19.

Other
Franet.
Poreign

439

1,541

750
926
532
3.660

ahlpboanl, not cleared—/or

Lmting
Ortat

There were, however, on Tuesday, many sales to
reolize, under which there was some depression, especially for
the early deliveries. There was renewed buoyancy on Wednesday, and it was said, on the Cotton Exchange, that " outsiders"
and notably Chicago spectilators, had become free buyers for the
rise, putting more faith in the bad crop accounts than was generally entertained on the Cotton Exchange. Prices were dearer
for all positions, and yesterday the excitement was increased by
the very strong accounts from Liverpool. There was a further
advance of 13@17 points for the early months, and 18@20 for
the later deliveries, but August receded 12 points, and the next
crop 6@9 points from top prices, the market closing barely
steady. Large quantities of " long " cotton, it wa.s a.sserted, had
been unloaded upon the " outside " bulls. To day there was an
early advance, wnich was afterwards lost, and the final close was
10@11 points lower for September and October, and 4@7 points
lower for the distant deliveries. Cotton on the spot advanced
%e. on Monday, and again on Thursday, and there ha.s been a
better demand for home consumption. To-day the market was
quiet at 12Mc. for middling uplands.
The total sales for forward delivery for the week are 616,400
bales.
For immediate delivery the total sales foot up this week

274

For comparison, we give the

Total

On

AT—

AUO. 19,

more
some
102 excitement. Prices were tending upward during Saturday and
54
Monday, on reports of injury to the growing crop by the dronght
33
930 in July, which the Burean report, published on Monday, tended

1,376

2

31

Wilmington
Moreh'd C.,*c

Receipts

In addition to above exporbi, nar telegrami tn-night also mve
as the following am mnts of oottoa on snipb^ard, not clKar^d, at
the ports named. We add similar flgares for New York, which
are prepared for onr special use by Messrs. Carey, Yale It
Lambert. 60 Beaver Street.

The

BninsWk, *c.
CJarlcaton
Ft. Royal, Ac.

203

% ad

% adv.

....
....
....

OF SrOT AND TRANSIT.

OOUr

Spec- IVa»-

sump. uPfn

310
421

307
"eo

1,200-

1,600 4.282I

DelivTotal.
3-22

222
810
421
307

300 2.397
425

sit.

60

—
—

FUTURES.

2.957
1,625

Sales.

55.200
99.700
90,400
74,300
168,900
127,900

5.942'616.400

The dally deliveries iftven aboTe are aotaally deUverei the
vious to that on whidi they are reoorted.

eries,

200
800
900
300
1,100

300
3.600

d4y pie-

Thb Sales asd Prices op Pdtores are shown by the following comprehensive table. In this statement will be f.-and the
daily market, the prices of sales for each month each day, and
the closing bids, in addition to the daily and total sales:

'

i

i

THE (JHRONICLE.

204

(Vol.
1881.

2"

05 oca
p a
Ȥ

-*-

§

s

IS

S

2?

4

iSsI 9311 oaEs
o * ^
t»

I?

et>
E.

:

0D»

23

o

>
iS-

:
.

p.

p,E

a

so

I

[*5

•

-J

.

«

3'
b;

CD

~

>

.

B

:

bales.
Stock at Barcelona
Stock at HamDurg
Stock at Bremen
Stock at Amsterdam
Stock at Rotterdam
Stock at Antwerp
Stock at other conti'ntal ports.

33,100
4,300
52,600
35.100
3.900
2,500
10,700

1880.
58.000
4,500
30,800
15,800
2,880
981
21,100

Total continental ports....

319,000

211,591

181,635

Total European stocks.. ..1,142,200
India cotton afloat for Europe. 201,000
Amer'u cotton afloat for Eur'pe 1 1 3,000
26.000
Egypt,Biazn,&c.,afltforE'r'pe
Stock In United States ports .. 217,896
21,089
Stock In U. B. interior ports. . .
5,400
United States exports to-day. .

919.191
185.000
89.000
19.000
130.679
16,788
3,000

667,703
289. 3S8
32,000
5.109
85,272
2,722
100

1879.
22.481
2.300
19,279
23,308

1878,
30,000
7.250
38.000
44,000
9,000
6.500
17.250

396
200
5,030

.

p

,

•-•

.

xxxr.l^

,_,

w

:

a

Q")
I

-2-1

A^^

ai^$
f

^ -'

t -.

I

Ki ,—

•

a.

S^'

I

do
»-4

B-j

fed

CO

01

to to

to to

05

^?0

I

Mo

a

%\«

I

too
j^tio
to

KJtoO

1

1=0

1

coco
C: to

00

CDob

obob

ODCC

Olt-M

CO CO to

tOClM

eco

C- 01 1-1
Si.->
I

COo

OOo

OOo

OOo

CO

obcoO

obcoO

olobo

S02

c6o

I

too

00

00

00

ccob

ccob
h-COto

oco

I

obcoO

Si^

I

oO

I

CO

00

coco

coo

OOCO
er
MMcO
COO'S

en

03m

000

-j-io

-jobo
coo

CjCO

00

00

OiCOm

CO 10

OOo

90
MMo
COo

<labo

coco

u^o

<lQbO

00
CDCC
OM

00

00

OOo
-j-jo
00
00

obob

coob

ob--i

s.->

MMO
0-0
COCi

COLOm

I

OOl

ocg

OOo

CooO

OOo

cocoO

00
03 05
I

t^o
ooo

MoO

MlOO

ccco

Sa

©J-*

I

MMO

§

coob

I^^OO

MM-to

124,000
13,500
61,250
197,000
14,000

562.200
1,167,385

571,191
791.407

532.402
551,094

409,730
778,982

oo§

660
0101

..1.729,585 1,362,658 1,083.496 1,188.732
7d.

7ii6rt-

6Hi6d,

69ifi,i.

figures indicate an increase in the cotton in sight
to-night of 366,927 bales as compared with the same date of 1880,
an increase of 646,089 bales a.s compared with 1879 and an increase of 5<I0,853 bales as compared with 1878.
In the preceding visible supply table we have heretofore only
included the interior stocks at the seven original interior towna.
As we did not have the record of the new interior towns for the
four years, we could not make a comparLson in any other way.
difficulty no longer exists, and we therefore make the following comparison, which includes the stocks at the nineteen
towns given weekly in our table of interior stocks instead of only
the old seven towns. We shall continue this double statement for
a time, but finally shall simply^ substitute the nineteen towns for
the seven towns in the precedmg table.

American—

cfjobo
tClO

MO
CO

00
coco

00
9.M

®to

I

MMqd

!;?;"=

OOo

COCOO

778,982

130,000
59,070
18.635
239,588
5,109

That

b

OiJt

®_io

I

tl'

®oo

I

roo

<r.00H«

g>o

I

551,094

214,000
50.600
102,591
183,000
19,000

^24,000

3,722

The above

cow

OOo

OOo

S'M

I

791,407

167,000
43,200
122,000
204,000
26,000

&0

Total visible supply
Price Mid. Up!., Liverpool

00

OOo

I

Total East India,
Total American

COl^

obobo

0-1

#-

^CO

00

o-ro
cooO

00
CO
HI

6mO
05

©to

I

M^M

ob-g
lOll^M

i-CO

00

CC<1

CiitS*.

I

OMO

1,167,385

Continental stocks
India afloat for Europe
Egypt, Brazil, c&c, afloat

eioD

I

49.379
3,604
1,000

London stock

00

1^0

Sog
oocbo
MM
00

100

East Indian.Brazil, Af.—
Liverpool stock

cio

I

00
I

Total American

©r

I

cocbo

C0C5

ep
OOo

©to

I

00

gl«
Ml- 03

5,400

441,000
260,000

CO to

W*JCO

M05

1

CDO©

Sto

I

WCC.

totojo

omo

w b*

297,000
133,000
32,000
85,272

Dnited States stock
UnitedStates interior stocks..
United States exports to-day..
&3C0

to to
1-1

®a>

I

COCO«

DO

f olla

443.000
109,000
89,000
130,679
16,788
3,000

American afloat for Europe....

»1GD

SIO

583.000
227,000
113,000
217.896
21,089

Liverpool stock
CJontinental stocks

^rlOO

I

(-'•-'to

KtOo
iccoO

I

1,729,585 1,362.658 1,083,496 1,188,732

Total visible supply

Of tbe aoove, tbe totals of American and otber descriptions are as

to to

®*

I

fa,

<^-^

to to

tow
I

2.8

Mike"

CB

c

It)

•»)

Liverpool stock....
Continental stocks

American

Total American

to

CJ'OI

Europe

afloat to

United States stock
United States interior stocks..
United States exports to-day..

o

COCOO

bales

,

1881.

1880.

1879.

1878.

58:!.000

227.000
113,000
217,896
39,744
5,400

443.000
109,000
89,000
130,679
29,861
3,000

297,000
133,000
32,000
85,272
7,463
100

441,000
£60,000
24,000
49,373
5,99»
1,000

1,186,040

804,543

554,835

781,377

67,000
43,200
122,000
204,000
26,000

214,000
50,600
102.391
185.000
19,000

130,000
59.070
48,635
289.588
5,109

124,000
13,500
61,250
197,000
14,000

562.200
1,186,040

571,191
804,543

532,402
534,835

409,750
781,377

East Indian, LrasU, <tc.—
03 09

03 03
Oii^.

00
903

I

©*

I

M";_i

T^TO
o;rf*o

C0.UO

10 to

<>o

If-*-

00

to

^r

I

I

I

IllcjtO

cs

coco

3

Continental stocks
India afloat for Europe

Egypt, Brazil,

CwO
coo

mlLO

Liverpool stock

London stock
<fcc.,

afloat

&o

Total East India,
Total American

to to

eo
M-o
MMO
QC03

ti-

Sf-

I

'^'I'o

mmO
c;'0

too

00
<lto

^to
Sto

®>5

003

iSw

I

I

b)

I

©>-'

MMOl

I

MMO
CCCJO

(OCO®

03 |U

CD CO

tW The

oto

8

I

These figures indicate an increase in the cotton in sight tonight of 372,506 bales as compared with the same date of 1880, an
increase of 661,003 bales as compared with the corresponding
date of 1879 and an increase of 557,113 bales as compared with

to to
00 en

It- If.

COCO

I

s

l-'M03

<s»o

MMO
cocoO
CO

1^0

I*-

Oto

I

1,748,240 1,373,734 1,087,237 1,191,127

imports into Continental ports this week have been

31,000 bales.

COM

000

<1-JI

Total visible supply

®ts

fto
tocoo

I

I

1878.

—

At the Interior Ports the movement that is the receipts
and shipments for the week, and stocks to-night, and for the
corresponding week of 1880— is set out in detail in the following

I

statement:
MJ>.
I

-jo

I
I

^o
-lO

ITcefc

in September for September, 621.400; Sept.-Oet. tor
o.^^^^/^l"'
Sept.-Nov. for November, 762,100 Sept.-Dec. for Deoemirl ?nA
2'"{''?;'''^, -'anuai-v, 2,588.900: Sept.-Feb. for Fel>S^»',.i'^ q4 ?An
^^ri^o'fo-flnn^ fPf-M'""'* '<"• March, 3,466,100" Sept.-April for
2.156,400; 6ept.-.Tuie fo? June,
SfP^-^•"ff'>^^I?•y.
e?2i'?00Sh,?^'
.^,^.24,500
Sept.-July

«„V

w

'1

;

;

Transferable

for July, 1,767.000

Orders— Satunlay, 12-30
Mondav 1230 Tup^div
^'^''^'^^^'
12-20 Wednesday, 12-25 Thursday, 12-30 Fridaf, 12-15
The foUowing exchanges have been made duripg the week:
**^
^""^ "*"«• *• °- '<" '11 Pd. to exch. 2.
Nov. for Oct.
J^^n'!.!:^''^"
"^""
-10 f d. to exch. 200 Nov. for Oct.
The Visible Sdpplt op Cotton, as made np by cable
and
;

•

•
'

;

;

ending A ug. 19,

Receipts. Shipm'is

Augusta, Ga
Columbus, Ga...

444
165

2,061

38

'81.

Stock.

Week ending Aug. 20,
Receipts. SJi ipm*ts

1,795

2,636
2,175

100
49
536
196

112
135

1,783

1,871

795

7,833
1,100

1U,788

belma, Ala
Memphis, Tenn..

124
75
560

402
334
175
741

Nashville, Tenn.

13S

32

Total, old ports..

1,544

3,745

21,039

2,165

4,817

Dallas, Texas. .
Jefferson, Tex...

85
5
267
100
24
76

35

170
102

23

1,290

172

424
378
611
80

18
3
111
20

4
30
48

Montgora'r.v.Ala.

Stock.

1,200
17
61

2,869
1655
1,898
1,109
1,100
10,297
2,861

Macon, C-a

'80,

845

392

I

•

i

The

Continental
I^E?g^•'*',^\"T.l
t^l^etotalB for

stocks are-^the

%ores

Shreveport, La..
VicUsburg, Miss*

^"*
?i^'^^"'''J?^'
Continent are

Columbus, Miss.
Eui.auia, Ala

SpI

Giiffln,

Great Britain and the afloat
this week's returns, aad consequently
£nn A®f
to Thursday evening; hence, to make the
totals thi
fil"

Ga
Ga

Atlanta,

Rome, Ga

(Jharlotte, N. C*.
St. Loui.H,

SKJSKS^.-::::--jf^ ^iffi

SkSS:^=

« IS

Mo

'ii -Si

1

13

93
1,030

351

263

1,033
107

6,207

150

71
62
63

8,638
4,101

2(i3
1,10(1

1,190
1,936

3,121

061
133
815

2,780
19

30

776
195

1,139

port.'

3,717

5,110

18,65.'"i

1,869

4,826

13,076

5.261
9,155
This year's figures estimated,
Actual count.

39,744

4,034

9,643

29,864

new

Total, nil

t

3

17

15
22
439

O

Total,

*

7
211

7

,312
,338

Cincinnati,

J^, Jg.

45
150
95
EOO
831

147
215
100

.

603

I

I

b

AuousT

THE CHKONIOLE.

30, 1881.

The above totAlH show that the nld Interior Htooks have decreased daring the week 1,92S baltn, and are to-night 4,301
bales more than at th« name period laityear. The receipta at
the same towns have been 021 bales less than the same week
last year.

—

RBCKiPTa FROM THB PL\NT\Tio>r.s. The following table is
prepared for the purpose of indicatiiisr the actual movement each
week from the plantations. Reueipt.s at the outports are sometimes misleading, as they are made up more largely one year
than another, at the expense of tlm interior stocks. We reach,
therefore, a safer conclusion through a comparative statement
like the following. In reply to friviiient inquiries we will add
that these figures, of course, do not melude overland receipts or
Southern consumption! they are simply a statement ot the
weekly movement from the plantations of that part of the crop
which finally reaches the market through the out-ports.
KECBIPTa-FBOM ri.AjrrATIONS.
TTftk

June
••

"
"

lUctipU at

3..

10

.

17

.

tV Porlt.

stock at Interior Por.>|Pe«'pU/rom PZant'ru.

1879.

1880.

I8S1.

11.089

23.674
18.SS0

38.M2 87.570
119,432

32,429 1! 5,038

19.870

28.218

89,306

96,190

6.013
7.198
6,903

1879.

1880.

1879.

1881.

130,639 123,3

06,428

1880.

1881,

6.461

11,068

1,471

2.9.S3

4.518

4,065

i.oaj

18.082

23,511

33.4T6

86.8S3

81,172

81,87!l

2,8 !0

8.403

July

I..

3.637

17,057

20.662

3,03si

19.163

1,335

10.917

'•

16..

2.809

11.070
lo.eoi

68,988
64,818

10.988

8..

28.3S8| 75.103
20.89' 71,950

802

'•

18.199

15..')2K

84,77:

"

83.
29..

la.ijg
10.S59

19.362

"

3.S7«
2.503

66,198
14,410; :6,662

16.151

13.96U

40.631

24..

Aug.
••

"

48,397
40,98d

S.

3.9 IS

8.042

17.818

13.049

41,507

13.

3.462

8.691

13,068

11.477

35.473

43,365

1»..

4.84

8.SM so.sav

89,864

39,744

7.40:)!

2,154

3,618

17.119
8.773
13.3?7
8.764
12,982

8,029

3,828

8.080

858

13.718
10.801
la.&i;

4,930

3,028
1.890

8,657
8,7S7

The above statement shows
1. That the total receipts from the plantations since Sept. 1 in
1880-81 were 5,790,79.-) bales; in 1879-80 were 4,939,534 bales; in
1878-79 were 4,452.571 bales.
2. That, although the receipts at the out-ports the past week
were 20,533 bales, the actual movement from plantations was
only 16,917 bales, the balance being taken from the stocks at the
interior ports.
Last year the receipts from the plantations for
the same week were 2,787 bales and for 1879 they were 829 bales.

—

Weathee Reports bt Telegraph. The weather during
past week has in general been warm and dry. Prospects

the
are

though in some portions the drought still conPicking is making good progress in sections, particu-

fairly favorable,

tinues.

larly in the Southwest.

need rain badly.

still

new

Picking

is

progressing

cotton this

week

1,913 bales,

—

past week, the rainfall reaching seventy-one hundredths of an
inch. More rain is desirable, but the crop is developing promisingly.
Picking is progressing finely. The thermometer has
ranged from 73 to 92, averaging 83.
Corsicana, Texas. The weather has been warm and dry
during the past week. The crop is developing promisingly.
Picking is progre.ssing finely. The thermometer has averaged
90, ranging from 77 to 103.
Dallas, Texas. We have had no rain during the past week.
It is needed locally very much.
Picking is progressing finely.
Average thermometer 90, highest 103 and lowest 77.
Brenham, Texas. The weather has been warm and dry during the pa.st week. Picking is progressing finely. Crop accounts
are more favorable but another shower will soon be needed.

—

—

—

The

new cotton are large, it is moving earlier than
The thermometer has averaged 85, ranging from 75 to 98.
iraco, Texas. The weather has been warm and dry during
receipts of

usual.

—

the past week.
progressing

Many

sections are stiU very dry.

Picking

The thermometer has ranged from 76

finely.

is

to 98,

averaging 85.
New Orleans, Louisiana.—It has rained on one day the
past week, the rainfaK reaching forty-eight hundredths of an
inch. The thermometer has averaged. 83.
Shreveport, Louisiana. We have had no rain during the
past week. The weather has been clear and extremely hot.
The river is fifteen inches below bench mark. The drought

—

still

continues,

and cotton

has ranged from 73

103 and lowest 05.

Mobile, Alabama.— Wo hare had no rain daring the past
week. Aocoants from the interior are conflicting but generally
unchanged. Average thermometer 82, highest 96 and lowest 68.
Montgomery, Alabama.— yfe had rain on one day the early
part of the past week, but the latter portion has been clear and
pleasant. The rainfall reached seventeen hundredths of an
inch. Accounts from Uie interior are conflicting, but generally
the crop is developing promWngly. Picking is progressing
finely.
Average thermometer 82, highest 90 and lowest 08.
Selma, Alabama.— We have had rain on one day the past
week, and the balance of the week has been pleasant. The
ralnfaU reached twenty-.seven hundredths of an inch. Picking
is progre-sslng finely.
The thermometer has ranged from 68 to
99, averaging 83.
Madison, Florida.— We had rain on one day the early part
of the past week, but the latter portion has been clear and pleasant.
Caterpillars have appeared, though the injury done is as
yet limited. Ru.st is developing badly. Picking is progressinjf
finely. The thermometer has ranged from 70 to 86, averaging
78.
Macon, Georgia.— ^e have had rain on one day the pas6
week. The thermometer has averaged 80.
Columbus, Georgia. It has rained severely on one day the
past week, the rainfall reaching one inch and twenty hundredths.
Picking is progressing finely. Average thermometer 85, highest
94 and lowest 75.
Savannah, Georgia.— \t has rained on one day the past week,
and the rest of the week has been pleasant. The rainfall reached

—

"^

eleven hundredths of an inch. New cotton is moving freely.
Average thermometer 80, highest 96 and lowest 64.
Augusta, Georgia. Weather at close of week cool and pleasant.
It has rained lightly on two days, the rainfall reaching
eighty hundredths of an inch. Crop accounts are le.ss favorable,
owing to lack of rain. The cn>p at some points in this section is
not turning out as well as' expected, though in a majority of
sections it is very promising. The first bale of new crop was
received on the 10th inst., and to date the receipts are 10 bales.
Average thermometer 80, highest 100 and lowest 66.
Atlanta, Georgia. It has rained on one day the past week,
the rainfall reaching nine hundredths of an inch. Indications
are favorable for a general rain. The heated term is over.
Average thermometer 81, highest 98 and lowe.st 67.
Charleston, South Carolina. We have had rain on two days
the past week, with a rainfall of thirtj -three hundredths of au

—

—

—

The thermometer has ranged from 70 to 97, averaging 81.
The following statement we have also received by telegraph,
showing the height of the rivers at the points named at 3 o'clock

is

failing rapidly.

18, 1881,

—
—

I

—

Arkansas. The pa-st week Ls a continuation of
the hot weather we have had for three weeks previous. The
drought is destroying vegitation rapidly. We had a very light
sprinkle on iSiinday night. The thermometer has ranged trom
71 to 102, averaging 85.

19, 1880.

Aug. 18,
Feet.

New

'81.

Xufl. 19, 80.

Inch.

Below high-watermark .. No gauge.
Above low-water mark...
6
1
Above low-water mark. ..
7
Above low-water mark... 11
Above low- water mark. . . Missing.

Orleans

Memphis
Nashville

Shreveport
Viokabure

Feet.

Ineh»

11

7

10
8

2
16

10

8

Missing.

New Orleans reported below high-water mark of 1871 until
Sept. 9, 1874, when the zero of gauge was changed to high-water
mark of April 15 and 16, 1874, which is 6-lOths of a foot abovo
1871, or 16 feet above low-water mark at that point.

—

August Report of Agricultural Department. The AgriculDepartment has this week issued its cotton-conditioa
report for the first of August. The fnll text of the report, aS
tural

telegraphed, is as follows:
" The returns to this Department of August 1st show a
decrease in the condition of cotton since the returns of July.
The average condition is 88 on the Ist of this month against 95
on July 1st; as compared with last year the condition is reported
14 per centum less than at the same date then.
" The following are the reports by States, viz.: 39 counties in
North Carolina average 89; 14 counties in South Carolina average 81; 63 counties in Georgia average 92;* 15 counties ia
Florida average 100; 28 counties in Alabama average 95; 27
counties in Mississippi average 89; 17 counties in Louisiana
average 87; 55 counties in Texas average 79; 26 counties in.
Arkansas average 85; 25 counties in Tennessee average 98.
" Drought is universally complained of, and Is the cause of the
decline, particularly in South Carolina and Texas. The plant is
generally reported small, and much shedding of bolls. Insect
injuries are not.reported to any great extent."
Collecting the three months' figures of the present season*

and comparing them with the reported condition for the sama
months of last season, we have the following results:
1880.

1881.
SlaUt.

June. July. Aug. .iver'ge Ju7ie. July. Aug. Aver'lf

96

North Carolina
South CaroUiitt

88
92

;

i

Little Honk,

and August

The thermometer

averaging 88.
Vicksbnrfj, Mississippi. Telegram not received.
Columbus, M^'.'-'.iwippi. The weather has been warm and
dry during nil
rh.. past week.
Caterpillars are reported
everywhere, :iiri - ,ii injury is undoubtedly being done ; their
ravages have educed prospects one third. The thennemeter
has averaged 88, ranging from 78 to 99.
to 105,

August

finely.

making thus far
2,385 bales.
Average thermometer 84, highest 91 and lowest 75.
Indianola, Texas. We had a good shower on one day the

Receipts of

Nashville. Tennessee.— It hai rained on one day the part
week, the rainfall reaohinff but eighteen hundiedths of an inch.
More rain is much wanted. Average thermometer 82, highest

inch.

—

Galveston, Texas. We have had splendid showers on three
days the past week, the rainfall reaching two inches and eightythree hundredths. Crop accounts are more favorable, but many
sections

205

Florida

100

Alabaina

102
04

.'^tisKis.sippl

90

..ouisiaua

89
renucst^e
Avornirn

-.

90
93
ns

94
93
98
99
102
94
96
89
92

80
81

105

02
lOO
05
89
87
79
85
08

9S

s«

93-0
87-3

910
99-6

996
92-3

910

92
104
98
90

90
00
97

J

01

99
97
92
93
99
06

890

106
100

93-6

09

111
104
103

O'O

99

10.<

8.'5-6

90S
97«
02«
96-0
880

106
98
08
96
99
99
99
110
106
107

1090
1033
103O

102

100-0

100-S

97-3

THE CHRONICLE.

206
As Eably Shipment— a

from Houston, Texas, to the

special

New Orleans Democrat, dated August 12, says:
shipped
One hundred bales of this year's cotton crop were
Burke.
F.
to-day,
by
8.
Liverpool,
to
direct
from Houston

States
the earliest shipment from any port in the United
first shipment ever made from
the
is
and
quantity,
of any
Houston to a foreign port. Another interesting fact is that it
ever made.
is the earliest shipment
KoRTH Cabolisa Cotton.—The first bale of North Carolina

This

is

It
cotton was received at Wilmington, Tuesday, August 16.
Richmond
Rockingham,
of
Co.,
&
Everett
•came from Leak,
and was consigned to Worth & Worth. It was classed

County,
cento per
*B middling and sold to Alexander Sprunt & Co., at 13
pound, who shipped it to Cummings & Bailey, of New York,
This is two days earlier than the first arrival last year.
Two bales of new cotton were received at Norfolk, August 16,
County,
by Vaughan & Barnes. They were grown in Lenoir
N. C, graded strict middling and middling, and were sold to
Reynolds Bros, for 15 and 14 cents per pound. This is three

days earlier than the first arrival last year.
New Sea Island Cotton.—The first bag of new crop Sea
Island cotton was received at Savannah, Monday, August 15th,
by W. W. Gordon & Co. It was shipped by R T. Prescott, of
Echols County, Ga., from his plantation, near the Florida line.
It classed as " Good Florida" cotton and weighed 303 pounds.

New Arkansas Cotton.—The New Orleans Times of August
iO says :— " The following despatch was received yesterday in
this city, Helena, Ark., August 9, 1881. To Messrs. Richardson & May, New Orleans; First bale new cotton is ready for
shipment to you. D. B. McKinzie.' This is the first bale of
new cotton reported north of Mississippi, and is unusually
'

early for the section in which

it

was produced."

this year

and

May.

^jirii.

June.

July

NOEFOLK.—
Highest
Lowest
Average...

.

WILMINGTON.
Highest
Lowest

Average

Charlest'n—
Highest

Lowest
Average
Arr.rsTA.-

1880. 1881. 1880.

Noil POLK.—
Rainfall. In..

Days of rain.
WII.MING'N.—
Kuliifall.in..

Days of rain.
Chahi.est'n—
Rainfall. In..
Days of rain.

2-88

3-00

5-34

4-06

1-49

0-64

15

14

17

10

17

6

2-80

2-85

514

3-47

352

1-84

10

12

11

13

10

5

1-56

3-97

10

10

2-01
11

3-83
14

3-66
10

3-98

3-37
10

0-43
13

4-71' 5-72

Augusta.—
Rainfall, in..
of niln.

Days

8

Atlanta.—
Rainfall. In..

Days of

rain.

11

9-20
10
5-77
14

2-18

8
3-48

5-98

8

6

17

1-15

5-30

0-74

9

9

8

4

12

4-49
12

2-53

4-50

3-37 11-84

0-91
11

8

2-30
11

3

7

Rainfall, in .' 2-84
Days of iruln. 5

2-10

716

Macon —

4-90; 4-35

7

4

3-35

Ra'nfall.ln.. B-55
Days of rilln.' e

5

112 617

Rainfall. In..

8

rain.

12

1-00
1

5

I

—

JACKSONV.—

5

7

9-25 4-47
I

2-89
11

7

.

105

2-81

9

5-9^

5

3

S-22! 2-97

2-35

4

8

6

3-

Days of rain.
JioNxaoM'uv.l

'

I

Rainfall. in..'

Days of rain.
N. Orleans.—
Rainfall, In..
Days of rain.

8

3-45

8

1:

2-2(

4-94

B

12

8-94

6

17

I

10

5

0-73
4

T

Oil

5-45

9-20

13

13

15

o-4a
13

1-C

12

5-73 10-41
12
12

9-41

9-21
11

8-76 11-86

9-10
11

10

10

1-41

7-07

11

14

3-04

U

O'DO

2-18
9

3-17

4-92
19

8

14

2-99
12

11

5-OS
11

•2-77

10

0-88
10

3-20

6-85
14

2-81

0-43

13

0-97 Ifl

10

20

019

8-43

s-as

3-21

0-38

10

10

13

12

3

2-74
16

4-20 13-40
5
10

8-80

2-30
6

3-73 10-20
11

5-12

9-09

4-99

1-44
I

5-80

12

5-02' 4-85

8

14

4-03
12

6-60

3-92

16

7

15

Shheveport.
Rainfall, in..

Days of

rain.

3-88
10

Halnfall.ln..
Days uf rain.
COI.'BCS. Miss.
Rainfall, In..
Days of rain.

5-00

5-20

10

800
10

6-00

7-5t

9

11

VIOK.SBURG.—
Rainfall. In..

Days of ralD.
JiiTTLE Rock.
Rainfall, In..

7-20
11

4-no
11

3-53 11-21
14

5-57

7-75

2-00

10

10

Days uf rain.
NASIIVTLI.E.—
Ka4nfall. In..
Days of rain.

13

1-48

9

1-30

93 4-OS
3
11
5-99

1-94

4

6 33
10

6-17
10

3-88
12

2- 10

3-95

0-80

8-89
12

fl>44

4-89

2-24

17

8

8-67

4-18
8

3 70
18

12

3-S2
8

2-83
14

4-96
12

0-89

2-14
12

8-33

2-48
14

17

18

5-26
10

8-82

574

3-91

12

17

14

1'

16

Galveston.Rainfall. In..

Days of rain.
INDIANOLA.-

8-29
11

Rainfall.ln..

_

Halnfall. in
Dayi of rain.

16
l-flO

Days of rain.
_COBSlCANA.-

'

2-13

10
8.37
lU

R-efi

10

1-47
11

0-54
14

0-29
11

2-43
14
4-08
13

4-89
13

4-56
14

MlMPHIS.Ralnfall.ln..

8-10
9

4

12

13

816 512

Days of mln.

84-0
32-0
59-9

89-3

6

3-23
9

8-50

10

13

S

23

4-92
14

,3-22

0-!»

2-02

8-60

3-48

6

1-SO

13

4-S3
11

2-30
10

3-43

.3-73
I

2

60-J

310

98-0
65-0

70-6

70-9

78-4

87-0
39-0
07-0

91-0

890

96-5 100
103-0
04-0 « -0 07-0
63-5
81 8 80

970

88-0
30-0
00-1

98-2
58-3

99-0 102-3
000 04-3
t4-2
81

960

MO
73-1

.53-0

73-1

79-6

890

101 8
500, 02-3

71-0
a3-4

09-0
82-2

6!10
70-0

89-0
50-0
73-7

99-r

1000

oor

630

700

81-9

83-1

80-0 1000
58-0 700
72-0 83-0

98-0
71-0
84-0

1020 08-0

77-0 740 84-0 86-0 880 920 800 970
250 260 3C-0 340 270 34-0 500 530 02-0
66-0 730 73-0 80-0
51C 53-0 540

96-0
62-0
80-0

670 73-0 09.0
230 200 280

73-0
3;^0
55-8

82-0
27-0
69-3

80-0
33-0

92-0

Highest

72-0

79-Oi

70-0;

Lowest
Average

300

3:jo
54-2

i«0,

S50 89-0
390 300

90-0
40-0

51-1

64-8

62-0

64-4

71-0
30-0

77-0
84-0

73-o'

820

90-0

3S-0

39-I)

320

53

50o

57-3, Oi-5

05-8

85-0
42-0
69-2

94-0
88-6
70-9

78-0

77-0

77-0
42-0
50-9

91-0

84-01 84-0

89-fl

4-^-0

38-0
05-8

490

65-7

60-0
77-0

SAVANNAH.—
Highest

Lowest
Average
COLUMB'S, Ga.
Highest
Lowest
Average

MACON.—

1)2-2

78-

880 930
71-6

700 a50

80-0
38-0
57-7

73-0
29-0
53-8

3.30
62-0

30-0
50-

43-0
04-3

700

82-0

5-J-O

93-5
8:1-0

03-3

41-0
68-9

.57-5

74-2

900

850 as-o
720
37-0 420 <9-0 420 04-11
290
530 510 640 050 830 080 8U0
73-0
35-0

370

820

74-0

Highest

Lowest
Average
Rome. Ga.—
Highest

91-0

000
Sl-2

95-0
04-0
78-5

97-0

04-0

850
99-0
1,30
83-0

80-0
44-0
72-3

960

49-0
70-7

61 2
82-9

03-0

030

80-

84-2

90-0
53-0

99 8

950

88-0
5.80

97

70-0
82-0

930
080
78-0

8'JO 590
Lowest
620
45-3 40-4 48-9
78-6 77-0
031 72-2
Average
JACK.SONV.88-0
81-0
800
91-0
95-n
09-0 100-3
780
800
97-0
Highest
98-0
70-0
340 420 390 43-0 37-0 420 03-0 580 680 690
Lowest
680 61-3 000 flS-3 67-4 719 73-8 73-9 832 810
828
Average
Cedar Keys,
74-0 .-5-0 74-0, 810 840 880 91-0 91-0 930 94-0
Highest
36-0 430 40-0, 49-0 ;i8o 500 660 000 08-0 65-0 690, 71-0
Lowest
58-3 OJ-7I 58-8 (is)0 86-2 71-4 76-5 7082-4 808 83-1 82-9
Average

MONTGOMRV,
MOBILE.—
Highest

Lowest
Average

Orleans.—

300 430

98

580

700

040

100-8
69-2
83-2

980

90-0

94-8

02-0
71-0
81-7

718 690
83-0 801

00-4

72-0

78-0
29-0
63-2

81-0,

840
330 340
580 5U0

91-0
32-0
01-4

930 930
400 020

93

220
470

66-1

77-0

78

Highest.

74-0

800

80-0

8fl-0

89-0

890

Lowest
Average

28
27
49 5 68-1

83

71-2

330 340 380 400
58-a

64-4

66-

61-0
73-8

7:!

84-4

71-0
80-0

90-0
64-0
80-0

030
87-0
50-0
72 3

09-0
81-9

63-0
80-2

63-4

99-0
68-0

720' 65-0

81

811

92-0

70-3

1000
74-0

..

Average.

89

VICKSBURO.—
Highest.
Lowest.
Average.

—

Highest...,

Lowest

...

Average...

72-0
28-0
50-3

82-0
31-0
64-5

7S-0

85-0

90-0

800'

.36-0

310

80-2

60-5

00-9

74-0
29-0

89-0
41-0
68-5

940

93-0

02-0
70-8

76-2

69-0
81-5

97-0
64-0
80-7

03
78-5

850 800 940 90-0 1000 94-0
59-0 02-0 620
400 SS-0 44-0 82
81-0 73-0
640 710 730 780 75

71-0
18-0

720
200

80-0
24

40-0

430 500

80-0
23-0
02-0

92-0

390
05-0
20-0
41-9

71-0
11-0

76-0

84-0
20-D
57-8

91-5

47-0

73-0
29-0
51-7

870

450

33-0
63-5

70-7

690 740
22-0 230
431 47-4

70-0

70-0

.31-0

.80-0

50-5

52-6

200

520

900
610 400

900
63

101-2
00-4

77-9

.8-2-0

95-0
59-0
78-4

920 91 -0 100-0 960
590 430 030 69
74-1 73-0 816 77-0

99-0
07-0
83-2

95-0
63-0
79-2

800 900, 94-O1 91-0
640 500 730 08
77-6
880 81-6

1)2-0

920

70-0
84-9

69-0
83-1

90-1
70-8

94-0

70 8 03-0

850

840

74-2

97-5
65-4
78-7

Memphis.—
Lowest

...

Average...

87-0
39-0
64-9

Galveston
08-0
32-0
54-8

710 720 770
400 40-0 37-0
68-2

61-2

C3-7

Highest...

76-0

80-0

320 aso

70-0
47-0

55-3

03-

80-0
32-0
62-3

85-0
40-0
69-8

87-0

Lowest

84-0
23-0

94-0
35-0

940 91-0 970 1040 97-0
420 610 64-0 860 640

0.8-9

69-0

Highest

Lowest ...
Average...

.

..,

400
72-7

03-2
64-2
77-7

91-0
58-0
78-0

95-6

93-0
82-9

690

CORSICANA.
Highest..

Lowest

.,

...

Average...

800
23-0
49-6

290 340
53-0i

.W-3

The following remarks
July, 1881

76-3

78-6

108-O 100-0
09-0 O.S-0
85-

82-

4-Oi'

9

1433 313
14

7

U

10

accompany the month's reports for

—

Norfolk, Va. Thunder storms frequent during the month,
almost every rain being accompanied by thunder and lightning.
Wilmington, N. C. Very Heavy thunder storms on the 1st,
15th, 17th and 27th. On the Ist, 4-20 inches of rain fell in two

—

Augusta, Ga.
telegraph

—Gale

on 2nd

inst.

No damage

except to

lines.

Columbus, ffa.— The drought caused gome shedding on light
uplands which seasonable rains have since checked.
Nashville, Tenn. In some portions of West Tennessse no
rain has faUen since the last three days in June. The drought
is the most severe ever known, being far more destructive than
that of 1854. In many sections crops are literally drying up.
Cotton crop is suflfering greatly.
Indianola, Texas. Drought has been very severe during
the month.
Corsicana, Texas. A heavy rain and wind storm passed over
this section on the 27th inst.

—

—
—

—

Jute Butts, Bagoino, &c. There has been a fair amount of
doiu^ all through the week and the market has not
changed. Prices are very steady and holders are not forcing
goods. Bagging is moving at our quotations and there have
been sales of (300 rolls various qualities. There is further
inquiry reported and the close is steady at 9>i@10c. for \%
lbs.; 10%@10%c. for 2 lbs.; \\%c. for standard qualities.
Butts are moving fairly though no large transactions are
busine-ss

1-71

1

320

930 920 050 1000 96-0
51-0 450 59
6V0 620

71-0
28-0

74-0
28-0

hours.
10-97

Favf.tie.MIss
8-50

80-0
40-0
81-2

81-0

54-6

330

101-0 102-01102-0
6S-0I B2-0| 63-0
61 79-8 80-2

740 76

77-5

I

8-00

7.')0

50-4

58-0

I

I

Days of rain.
Mobile.—
Rainfall, In..

7-38

78-0
30-0

990

Olio

Average...

I

nnlnfHll,ln..l

57-8

98-0
45-0
73-4

Ikdianola.

2-82

0-24

I

5-43
10

7
3-03

86-2

67-1

490

440 4»0 470

68-0
20-0

Highest
Lowest
Average

Highest..

1-87

4
1-68

340

52-

92-0

NASHVILLE.
7-24
19

3-90
4

i

82-0

31-0

84-0
27-0

000

80-0
44-0
71-3

ATLANTA.—

Highest..

Rainfall, in..
Days of rain.

7,S-0

89-0
28-0
52-5

81-7

Lowest
3-32

81-0
30-0
53-3

Little Rock.

1-64

12

3-71

1-14
11

81-0
27-0
48-5

3-4

Lowest

2- 11

7
2-95
11

430

270 330 a3o:
50-8 551 330;

Average...

1-90 10-31

Days of

0-93 12-40
10
10

4

2«-(l

Highest..

3M

Days of rain.
CoLrMB's. Ga.

CedabKkvs.

8-48
12

0-90

71-0
26-0
52-3

73-n

2a-(J

1880.11881. '1880.

OOL'BU?, Miss.

10

8

15

I

5-34

7

Rttinfiill.in..

ROME. Gn

15

S-74
14

9-79

SAVANNAH.—

•

7-54

1881.

0-48

71-0
19-0
49-1

780
48-9

FAYKTTB.MlSS

BainfjV..
1881.

69-01
is-o;
39-6;

77-0

Highest

Lowest
Average

Highest
Lowest
Average
.

July.

1881. 1880.

iasi.;i88o.

N.

last year:

February.

May.

AitrU.

Thermometer.

Highest
Weather Record for July.— Below we give the rainfall and
Lowest
Average
thermometer record for the month of July and previous Shreveport.

months of

[70L. XXXIli,

August

20, 1881.

THE CHllONIOLE

|

reported. No change is noted in prices which continae to be
very firmly maiatained, and holders are quoting? 2 13-I6®2^c.
forpaper grades, and 3>6®3'^c. for bagging quality.
COMPARATIVB PoRT RKOBIPTO ASD DaILT CROP MOVEMENT.—
A comparison of the port movement by weeks i.s not accurate,
as the weeks in different years do not end on the same day of the
month. We have consequently added to oar other standing
tables a daily and monthly statement, that the reader may
constantly have before him the data for seeing the exact relative
movement for the years named. The movement each month
since September 1 has been as follows:

Year Beginning September

ilonlhly
Receipts.

Sept'iub't

459,478

October.

008,31'?

333,643
898,492
942,272
956,404
647,140

Movemb'i 1,006,501
Deoemb'r 1,020,802
January
571,701
.

572,729
470,592
291,216
190,054
131,871
78,572

Pebruiiry.

Harob

.

.

April

May
June
July

1878.

1879.

1880.

447,91!-

201,913
159,025
110,006
88,155
51,258

879,533
832,493
000.119
689,610
472,054
340,525
197,065
96,314
42,142
20,240

303,95.^
107,4511

81,293
29,472
13.998

EXPOHTI TO BOROPB FIIOM ALL INDIA.

Bombay

1875.

109,077
610,316
740,116
821,177
637,067
479,901
300,129
163,593
02,603
42.231
29,122

99-74

97-90

!

9800

1880.

1891.

1879.

1878.

1877.

1976.

Tot.Jly3l 5,759,853 4,891,596 4,435,737 4,258,4S6 3,957,396 4,085,531
8.
419
Aug.l....
3,592
139
421
635
" 2....
507
l,51fi
1,465
264
724
2,839
" 3....
2,477
2,39-J
8.
395
861
501
" 4....
3,008
452
1,191
562
B.
846
" 5....
3,705
1,303
098
596
S.
831
" 6...
330
1,783
1,891
509
839
8.
" 7....
B.
666
1,526
529
618
1,141
" 8....
3.424
8.
340
1,182
247
1,168
" 9....
1,900
1,298
527
700
304
1,082
"10....
1,015
1,444
8.
463
215
701
"11....
2,110
B.
531
1,354
770
1,039
"12....
712
8.
2,230
827
784
1,091
"13....
497
2,9tl6
2.212
347
612
S.
" 14....
8.
1,232
239
593
737
1,963
" 15....
8.
5,139
809
505
367
1,714
» 16....
1,657
3,024
520
264
1,633
1,039
" 17....
1,097
561
2,263
B.
631
845
" 18....
1,5-20
3,547
1,219
B.
394
799
" 19....
971
3.660
556
941
8.
C07

Fercentag a of total
98-27
93-21
port recc ts Aug.l9
99 97
97-68
98 19
This statement show.-i that the receipts since Sept. 1 up to
to-night are now s94,08l bales more than they were to the same
day of the month in 1880 and 1,303,26.") bales more than they were
to the same day of the month in 1879. We add to the table
the percentages of total port receipts which had been received to
Augast 19 in each of the years named

ISDU Cotton Move.ment fkom all Ports.— The figares which
are now collected for us, and forwarded by cable each Friday, of.
the shipments from Calcutta, Madras, Taticorin, Carwar, &c.,
enable us, in connection with our previously-received report from
Bombay, to f umLsh our readers with a full and complete India
movement for each week. We first give the Bombay statement
for the week and year, bringing the figares down to August 18.
BOlimr REOBtPTS ASD SlIIPMBMTS FOR FOUR TEVRS.
Shipments
lear, nreul

Urifn.

~

Shipments since

Ihts iceeJz.

a rait

ContiTotal.

nent

Continent.

Britain

.Tan. 1.

Total.

Since

Jan.

1880
1879
1878

1,0001 3,000 232.000
3,0 JO 3.000 U.TJ.OOO
O.UOO; C.OOO i!41.00ii
2.000110,'»ou|i9;i,00i)

322.000
177.000

t

i

9.000

:!2:i.000

3H(i.00O

801.000 10,000 1,137,000
8211.000 8.000 1,001,000
.173.000 2.000
772.000
079,000 S.OOii 817,000

According to the foregoing, Bombay appears to show an
increase compared with last year in the week s receipts of 2,000
bales, and a
crease in sliipmants of
bales, aad the
shipments since January 1 show a def^rease of 23,000 balws.
The movement at Calcutta, Madras, Tnticorin, Carwar, &o., for
the same week and years has been as foUo-ws
CAI.CnTTA.M\URA«.Tin'I0ORiy. CAHWAR. RA.VOOO!* AND KORRVCHKr..
_

Alexandria, Egypt,
Aug. 19.

this week.

I

Shipments

siiuse

Janiiar,/

Orc'tt

Britain.

Continent.

Total
lo.ai.

'''*"'
!

Britain.

Continent,

The above

4,000

1,000

7.6od
fi.OOO

3,0(10

totals for this

5,00J

7.000
9,000

1 70.000
198.000
18-.000
!•

-1.000

08,000
70.000
101,000
51,000

13.000

9il2.0OO

1980.

1979.

week
2.775,606

1

3,204.OC>6

l,607,O06

This
Since
week. Sept. 1.

This
Since
week. Sept. 1.

This
Sitiee
week. Sept. 1.

1,250 230.000
154,705

500 292.530

1,000 172,100

241 177.638

76 79,776

1,230 104.705

741 470,168

1,076 252.176

Exports (bales)—

ToContluent
Total Europe

A oantar is 98

lbs.

This statement shows that the receipts for the week ending
August 18 were
cantars and the shipments to aU Europe
were 1,250 bales.
Manchester Market. Our report received from Manchester
to-night states that prices for both twists and shirtings have
advanced, and that the market is hardening. We give the prices
of to-day below, and leave previous weeks' prices for comparison:

—

1881.

Twist.
d.

d.

d.

8.

"

s.

b^W7

9I3
9's 6
9% 6
9^j 6
9?t 6
9«i 6

STg®
24 8^8®
July 1 S's®
"
8 9 ®
" 15 918®
" 22 giga
" 29 9iaa
Aug. 5 9 ®
"12 S's®
" 19 9'88
J'nel7

1880.

OoWn

9J4 lbs.
Shirtings.

32« Cop.

5i«a7
51337

9
9
9
9% 6 9
95s 6 9

-as

9^6

®8

9^

Mid.

32s Cop.

Vpds

Iwist.

d.

d.

9^2
91s
8's

(ihn
63,«

d.

6»,fl

8

d.

aiOM
aiOU

939
93e

6\

9% -a Wa

7

9ie

(bales) fro-h

d.

fl.

6ii,„
6l8,„
613,„

9l4®10l8

®

d.

7»9

6l3i6

6
6

6\

712
71a

7ifla'7 9
7is®7 9

(i

7is'a7

«

Uplds

d.

g.

d
6

O'stO

New Iork

Cott'n

8I4 lbs.
Shirtings.

9^-ailOH 6 4ia®7
9 -a 9% 6 4is®7
9 ® 9% U 7isa7
914^10
71457
914*10 6 7iaS7

Hhn

88
®8
®8
38

Siga?

9

Exports OF Corros

.

71337
71337

Exported to—

Ju'g
27.

8,076

Other

Britlsli ports

64i
6i»i«
G-'t

613:8

613"

9
9
9

013t6

613„
71,«

siijce Sept. 1. 1880.

Week ending—

S<ime

Aug.

Aug.

Aug.

3.

10.

17.

Total
since
1.

prcvi'Ut
year.

3,517, 6,S7cl 8.80o'38S SOJ
248 21,422
158,

28,800

Sept.

1

Total to Great Britain 8,076 3,517 7,034 9,019 410,226 497,050
312

539

100

21

Other French ports

37.037

44,440

1,609

Total French

589

39,646

44,440

Bremen and Hanover

58
001

360
950

470 42,170

.38,395

22,708
39,597

19 ilO
23.803

Total TO North. Edrope

659

1,810

748 104,535

83,403

Spain. Op'rto, Glbralt'r.&i;
All other

1,500

11,724
2,274

7,013
3,406

13.993

10,454

Ham liur^

342

100

21

Otlier ports

.."....]

1,.)00

«feo

Grand Total

3,959

10,821

9.114: P.817 567.405 630.238

The FoLLowiNO are the Receipts of Cotto.x at New York,
Boston, Philadelphia and Baltimore for tha past week, and
since

September 1, 1880:
New Tori:.

1.

from-

\

I

S. Oli'iius
rexa.9

1,001 :73,9i3:

Savannah

1,730 211,931

Philndelphift.

.Mobile...

Florida

.

9

.

28.564
8.205
2,402

4.913
309 149,834

S.C'ui-'lina
N CuL-'liua

Touii..&(s.

73

7,

100 68.709

5.049

1,281 181,584

l,oli:i75.18;i|
3,l83j
20]

79123,013
120

919
•M

3.213

234 25,238

1,192

68,473

ion 23.872
33 19.733
1,024,102,101

-lo.oog
22ti,3iJ6

Baltimore.

This
Since
This
Since
week. ISepl.l. week. Sept. 1,

7,220
3.391

K77irj.378

203
749

261

55,500

.1

I

238.000
277.004)

This year.

239.000
149.000

Last year

week show that the moyement from

I

This
Since
Since
This
week. Sept. 1. week. \Sept. 1.

Korth. \>U
Total.

Boston.

Receipts

Foreign
1881.
1880.
1879.
1878.

8,000 1,106.000

1881.

Since Sept.

Vi-fiCiiiia..

Year.

573.000
289,000

Reoelpte (cantars*)—

—

Shipments

I,

6.000
7.000

3,000

1.

i

1881; 2.000

Since

Jan.

to date, at all India ports.

Total Spaik,

Receipts.
Tills
Wecli.

1.

Ale.xa:jdria Receipts and Shipments.'— Through arrangements
we have made with Measrs. Davies, Benachi & Co., of Liverpool
and Alexandria, we now receive a weekly cable of tbe movements
of cotton at Alexandria, Egypt. The following are the receipts
and shipments for the past week and for the coi responding week
of the previoa** two years.

5.909,123 i,915,012 4,445,858 4,269,304 3,961,899 4,102,338

Total

Jan.

This
week.

820.000
277.000

904,000
239,000

8,000 1,012,000

yeaw ap

*

for the different years.

1870.

Since

This
week.

This last statement affords a very interesting comparison of tbe
total movement for the week ending Aug. 18, and for the three

97-49

This statement shows that up to July 31 the receipts at the
ports this year were 808,207 bales more than in 1879-80 and
By adding
1,324,116 bales more than at the same time in 1878-79
to the above totals to July 31 the daily receipts since that time,
we shall be able to reach an exact comparison of the movement

1880.

Since
Jan. 1,

3,000|
5,000,

All other p'rts.

Tliis

97-79

This
week.

from—

Total ye.tr 5,759,853 4,891,586 4,433,73; 4,258,486 3,957,336 4,065,531
Paro'taf^e of tot. port
reoelpta July 31...

1981.

Shipments
Europe

to all

Total

236,968
675,200
901.392
797,769
500,080
449,690
192,937
100,191
68.939
36,030
17.631

98,491

288,84»
699,264
779.237
993,664
619,727
566,824

the porta other than Bombay is 5,000 I)ales more than for the
last year.
For the whole of India, therefore, the total
shipmentM this week aodsince Jan. 1, 1881, and for the correoponding weeks and periods of the two previous years, are ax follows.

same week

I,

1876.

1877.

207

*

1,333'423,217

933

2,609r270.25l

2,173135.668

197 39.073

1. 090'2

6,613J

Zk17I

1.148.338.

I

1

I

1. 105.603.

:

100.961.

16.146

THE (^RONICLE.

208

Smppmo News.—The exports of cotton from the United
reached
States the past week, as per latest mail returns, have
So far as the Southern ports are concerned, these
21,101 bales.
are the same exports reported by telegraph, and published in
the Chroniclb last Friday. With regard to New York, we
include the manifests of all vessels cleared up to Wednesday
night
of this week:
„
»
°
,

.

Liverpool, per steamers England.

Hbw Tork—To

ming, 3,441

TE.t.vs— To Liverpool, per bark Tvisko, 2,050
Baltimore— To Liverpool, per steamer Hibernian, 1,305

3,i)!)8

2,036

and
1,472

167 bags

259
2,3!i9

1,000
21,101

.„

particulars of these shipnoAats, arranged in our
form, are as follows:
Liverpool. Glasgow, Havre, Bremen, Rotterdam,
470
248
21
278
8,800
3,998
Orleans
2,056
s
259
more
1,172
2,399
Boston
PMladclplua.... 1,000

The

tYork

21
248
729
278
Total
19,725
Cotton freights the past week have been as follows:
MOH.

Tues.

"^22^832

^32 3>*32

Satur.

Do

sall.-.d.

Havre, steam

Do

.c.

sail

1332*

"33*

1333*

"32*

133„.

38®»2

3aa,H

388^

38®^

38®»3

38®l3

I3

SsSJa

SaaJa

38-®l2

38® la

38®^

>a

Jfl

^

38®

....

^

Amst'd'm, steam.c.
Baltic,

Do
'

Pri.

^32^^32 '32®932 732®%2

"32'

saU...d.

Do

21,001

e.

Hamburg, steam.d.

Do

9,817
3.993
2,056
1,731
2,399
1,000

e.

Bremen, steam,

Do

Thurs,

Tolnl.

....

c.

sail

Wednes.

....

^

>9

....

8ail...(/.

steam
sail

d.

hi

^16

= 16

= 16

=16

= 16

c.

618

^16

1^16

=18

=16

=18

Compressed.

—

Liverpool. By cable from Liverpool, we have the following
statement of the week's sales, stocks, &c., at that port:

Aug.b.

July 20.
Bales of the

week

60.fi00

bales.

Aiig.\1.

Aug.W

44,000
1,860
3,500
33,000
2,200
3,900
777,000
592,000
41,500
20.000
202,000
95.000

41.500
76,000
Of which exporters took
1,730
4,000
6,600
Of which speculators took..
5,700
2,900
7,700
Bales American
44,000
32.500
55,000
Actual export
4,100
3,300
3.900
Forwarded
3,500
3,200
3,200
Total stock— Estimated
7SO,000
767,000 750,000
Of which American— Bstim'd 597,000
593,000
583,000
Total import of the week
39,000
35.000
53.000
Of whioJi American
27,000
33,000
38,000
Amount aflftat
186,000
192,000
175,000
Of which American
91,000
87,000
77.000
The lone of tuo Liverpool market for spots and rutui-es encn day of the
week ending Aug. 19, and the daily closing prices of spot cotton, have
been as follows:

Saturday Monday.

Spot,

Tuesday,

gulet
Firmer &
and un- fr'ction'ly
changed.
dearer.
Mid. Upl'ds
634
6%
Mid. Orl'us
01310
6i3ie

Wednes, Thursday.

Market,
12:30 p.M

Market,
•ket.
5p,.M.

Harden'g.

Friday,

Active
and
firmer.

6 '8

613i4
a's

7,000
1,000

12,000
2,000

10,000
1,000

12,000
1,000

Quiet.

Quiet.

Quiet.

14,000
2.000

10.000
1,000

Steady.

for near

Dun

<

but
stearly.

Weak
months.

The actual sales of futures at Liverpool for the same week are
below. Those sales are on the basU of Uplands, Low Middling given
clause.
unless otherwise stated.
Satdedat.
Delivery.

d.

Delivery,

I

Aug

627,,

Aug.-Sept

627.,„

B6pt.-Oct

61332

Oct.-Nov
Nov.-Dco

Delivery.

d,

Dec.-Jaa

65r,2

Mar.-Apr

6>e®332

d,

esgg
6033

I

MONDAT.

Aug

Nov.-Deo

6''8i*15is

Aag.flept

Dec-Jim

Scpt.-Oct
Oct.-Nov.

Jan.-Feb

Aug

NoT.-Deo

Oct.-Nov

6»8®3i6
oi8
gig

Scpt.-Oct

Oct.-Nov

.„

6«4»932®'i

,

j

i.,.,.-,„;,r
Feb-Mar

Mar.-Apr

Ang

63],

Aiig.-Sept.
Sept.-Oct.
Sept.-Oct..

^I't^^'

GU

'Hei)t.-Out...V;'.";6Tie
.

..031.,2?S7 l8ept.-Oot
I

Aug.-Sopt

7®7Ii« INov.-Dec
7971,0 l)ec.-.Tim

Nov.-Deo

6U

OiRaoSia
693i®5j6

Jiin.-Feb
I
I

Mar.-Apr

6735^14

Dec.-Jan.
I

b7,o
ii^^aiii
6833^51^^

I

I

I

Sept.-Oct

Mar.-Apr

6^

l)ec-Jan

Jan.-Feb
I

I

d.

67,8
6I4
63,8
63,8
6I332

Oct-Nov

I

Friday. P. M.. Ang. 19, 1881.

quotations:

Oram.

No. 2 spring...^ bbl. $3 75» 4
No. 2 winter
4 10® 4
Winter superfine
5 00 a 5
Spring supcrtlne
4 75 9 5
Spring wheat extras., 5 5U® 5
do
and XXX... B00» 7
Wis. & Minn, rye mix. 6 25 a 6
Winter shipp'gextras. 6 00® 6
do
and XXX... 6 75® 7
Patents
6 75® 8
City shipping extras. 6 85® 7
Southern, bakers' and
family brands
6 75® 7
South'n ship'g extras. 6 15® 6
Rye flour, supertlne.. 5 50® 6
Corn meal
Western, &c
3 603 3
Brandywlne, Ac
3 as® 4

XX

XX

15 WheatrSpring
$120 ®1 4*
50
Spring, No. 2
135 ®13r
40
Red winter
1 30 ® I 48
10
Red winter. No. 2 1 if>H91 46
85
130 ®1 44
White
25
65 ® 75
50 Corn — West, mixed.
74
75
West. No. 2
60
72
75
Western yellow..
50
white...
76
Western
73
50
76
South, yellow
73
25
78
75
South, white
90
97
75 Rye
44
48
Oats—
Mixed
60
52
47
White
00
Barley— Canada W. 1 00 ®1 10
State, 4-rowed...
75
..®.
State, 2-rowed...
00
..®.,
Peas — Can'da.b.&f.
(From the " yew Tork Produce Eiclianue Weekly.")

.63132
..63132
,.6!

«V

5.,.,

Flour,

At—

bblt.

(196

Chicago

03,

Aug
Aiig.-Hcpt.
Scpt.-Oct..

m

.614

,.7'fl

.01=33

Detroit

Cleveland
St. Louis
Peoria
Uuluth
'80.

Wheal,

Corn,

bush.
(60 lbs.)

bush.
(56 /6s.)

Barley, Rye,
Oats,
bush,
bush.
busJi,
(32 lbs.) (48 ;6s.) (56 lbs.}

337,516 3,096,214
9.2-"iO
157,630
529,300 217, 07
1,740
165,013
57,.500
34,400
416.806 462,010
6,625 341,200
8,747

223.395
39.700
35,966
14,441
20,000

6.285
3,850

28,636
1,760
8,036

18.1,214

2,231
4,000

13,318
27.925

180,191 l,(!S6,O07 1,185,151
156,610 2.887,927 3,701,128

728. ll"!

1.375
6,900

Total

Same time

(6s.)

56,117
64.370
13,000
7.43S
2,532
31,529

Milwaukee
Toledo

67 1,

Oct.-Nov

I

Oct.-NoY

Aug.-Sept

Delivery.
Sept.-Oct

I

Receipts of flour and grain at Western lake and river ports
week ending Aug. 13. 1881

TU UBS DAT.
8«pt.-Oct

Aug

d.

75,2
6932
718
713
63,8
7332
7332

for the

Wednesdat

Aug.-Sept. ...63l32®7

A»B--

Aug.-Sept
Oct.-Nov
Aug...
Aug.-Sept
Nov.-Dec

There has been an active flour market during the past week.
The export demand has at times been quite urgent, and th&
The offerings have
local dealers have been pretty free buyers.
been quite liberal; still, in sympathy with wheat, prices have
made rapid advances. Prime extras and good double extrasfrom winter wheat have been comparatively scarce, and, being
in much request for export., have improved most. Eye flour
and corn meal are also dearer, the latter making an unusual
advance. To-day the market further advanced, but the clos&
was quiet.
The wheat market has been much excited by speculativeaction here and at the West, and prices have advanced rapidly.
The advance has beetl most decided for winter wheat for
August delivery, something of a "corner" on contracts for this
month being apprehended; and on Tuesday a phase of th&
speculation was buying for September and selling for October.
Exporters were liberal buyers down to the close of Wednesday'sbusiness, paying cash |1 36?6@1 31% for No. 2 red winter^
$1 32?2@1 33}6 for No. 3 do., $1 34@1 34 >i for No. 1 whiteand f 1 30>^@1 31 for No. 2 spring. The latest crop accountsgive good promise of a full yield of spring wheat, which will
go far to make good the deflciency in winter wheat. To-day
the opening was excited and buoyant, with some revival of export demand; but the close was quiet and easier. No. 2 red
winter, $1 45/4 for September and $1 47M for October.
Indian corn has also advanced materially. The regular tradehas not been active, but the speculation has frequently beea
quite excited. As in wheat, the improvement has been most
decided in early deliveries, the 'parties having out contracts
having become active buyers to cover them. The current
movement of com is very fair, but there cannot be any longer
a doubt that a prolonged drought in the Ohio Valley has cut
the next crop short. Corn needs abundant moisture, and a
drought affects it disastrously. To-day the opening was quite
buoyant, and further advances were paid, but the close was
dull. No. 2 mixed, 743^c. for September and 77 Mc for October.
Rye has been more firmly held, but is without activity. Barley continues quite nominal, selling slowly at 90c. @fl 10 for
State.
Oats have followed wheat and corn in an active speculation.
Yesterday the excitement was great, the business very
large, and the advance an important one. The " shorts " have
apparently again allowed themselves to be " cornered " on
early deliveries. To-day there was an excited opening, but the
close was flat ; No. 2 mixed 47?6@48Me. for September and

67,2
6:5.2
6I4

TOESDAY.

Aug.-Sept.,
Bppt..Oct

Aug

I

Flour.

Futures.

.

I

Delivery.

48M@49Mc. for October.
The following are closing

615,,
«'=!«

\

Bpeo.& exp.

Oct.-Nov.

|

BREADSTUFFS.

I

Bales

Market,
5 p. M.

7632^,313
Aug.-Sept... .763233,5
61532
Sept. -Oct..
Oct.-Nov
65,3
6I4
Nov.-Dec
6»4
Dec.-Jan
Aug
7632

21

470
278

To Bremen, per steamer HohenzoUem, 2.59
BosTO.v—To Liverpool, per steamers Atlas, 511...Illyrian, 1,888
PHiL-iDELPiU-i— To Liverpool, per steamer Illinois, 1,000

Uverpool, steam d. "32®®32

Aug

^'SVS
218

:---A-.v

To Glasgow, i>er steamer Furnessia, 248
To Havre, per eteamcr St. Laiueut, 21
Hapsbiirg, 260
To Bremen, per steamers Elbe, 210
To Rottoidam, per steamer W. A. Scliolten, 278
Wbw okleass— ro Liverpool, per ship L B. Gilclir.st, 3,998

Total

Friday.
d.

Delivery.

Wyo-

703

Gallia, 379.... Germanic. 2,052.... Republic,

,

Tolal bales.
2,222....

[Vol. XXXIII.

204,750

914,391

16.366 79 695
30,910 100,915

AuacBX

ToUl

Hame ports from Deo. 37

receipts nl

Blve, for

four years

Xloar

Wheat

Oom

THE CHRONKJLE.

30, 1881.]

Aag.

to

13, inola-

:

bbls.

32S70.88O

4t,l«7.2'18

Biiltlinore

78,8i9,«35
27.708.072
4,034.231
1,189,803

t!l.'.!:is,lni

Down Mississippi.
On rail
On lake
On eaual

Bye
Total iraln

144.519.271

....

1879.
9,383,339

3,tj'87,0d7

1878.
3,448.220

3,087,242
2,346,4&S
18.'5,

128.778

123.915.177

129.690.570

Comparative receipts (crop movemeat) at same ports from
August 1 to Aug. 13, inclusiTe fur four years:
1881.

Wbeat

Com

370,570

bosh.

3.4.'>3,457

5.6

7.746,521
1,313,053
42.933
100,476

7,

Oata
Barley

Bye
Total <f rain....

1879.

1880.

bbls.

12,743.445

1878.

295.730

23^,i00

271.559

H.«99

5.2->2.73n
6.1(11.077

7.160.101
8.733.078
3.315,020
156,361

70.8 16
1,703,763
31,148
:

1,596.962
42.063

233.370

319.292

487,148

14,903,807

12,432.135

19852,806

Comparative sliipmeats of flour and graia from the same
pons from Dec. 27 to Aug. 13, iaclnsive, for four years:
Vl«ar.

.bbU.

Wheat

bush.

Oom

Peoria
(adiaiiapolls

97.334.222

Bail shipments from Western lake and river ports for the

Weeks ended

Flour

bbls.

Wheat

bush.

Cora
Oats
Barley

Bye

1881.

1880.

fltek

Aug. 13.
14S,257

Week
Avn. 11.
132,692

454.633
935.428
612.516
7,703
39,463

797,517
437,163
804,794
12,578
33,067

1879
Week

1878.

Week
Aug. 17.
83.613

Aug. 16.
96,-391

562,620
460,101
623,699

505.379
302,978
663,296
11,613
13,734

8,263
50,494

3.000
2,903

184,784
124.808
133.736
154,958
169,757

200.728
250.521
188.836
117.023
114,077

6. '81

30. '81
23. '81

le.'Sl
14, '80

1 '25.573

43'2,713

Bxport* or ProTlaions.

The following are the exports of provisions from New Tork,
Boston, Baltimore, Philadelphia, Montreal, Portland and New
Orleans, for

To—
London

week ending August 13.

Baeon,

Cheese,

Tallow,

bbls.

bbls.

lbs.

lbs.

lbs.

lbs.

Bristol
Br. i>orts

329

1,050
....

338

Ha:iimirg

....
....
....

211,500
21,800
10,500

25
63
25

...

K'Jltcrdaiu^
GettfabupolB

50

M HxicfW^^r
8.

Am.

23
10

Am..
ports

Cuba
West

Indies..
Brit.N.A. Col.
Other count's

Total week..
Prev's week .

•121,873

766,380

6,626,031 1,940,728

411,750

106,000
108,400
661,500
99,400

61,600
26,600

144,000
26,250
109,400

118,756

4I6,5»0
110,820
226.460
298.440

358.830
173.800
387,300

8,900

••••*•

180
531

14,745

4,7.30

91,300

30

Braz'l.rLlifliw

Central

their distribution.

Lard,

Hull

Aniftt-.-Oiiiii..

and

Beef,

147
127
543
83

^iPwerp

1881,

Fork,

110

Bfi^men
113.723,053

buth.
20',339

17.339.095 13.891.283 7.404.713
16,772,303 13,928.0117.373,800
15.621. C15 13.951,573 7.5I0..303
14,82.1. :i»3 13.979.161 7.217,764
14,179,091 17,363,332 1,360,783

Aug.
July
July
July
Aug.

Marseilles

141.611.016

Barley,
bush.

Tot. Aujf. 13. '81 17.403.069 16,045.101 7.256.348

Havre

Total (craln.... 123.757.163

OaU,

43,46»

Glasgow

Bye

bush.

7,708

Liverpool

Oats
Barley

Cora,

6ii»A.

299,838 100.000
12.051
230,353
37,634
308.HOO
171.700
19.900
160,664
88,190
6,213
1,022,774
471,912
,
112.734
3.900
22,531
726.907 1,881,507 1,150.738
1.423.000 2,996,000 127,(K)0
727,000
239,000 408,000

Kansas City
17.H70,O(il

Wheat,
589.3'<3

bush.

Oato
Barley

Flour

—

In Store at
PhllKdeliibla

1881.
6,494.721

1880.

209

238
270
643
730
6
3,463
4,274

112,421
11.000
117.373
99.295
318.252
166.257
9.491

29
86
88

266
293

8,980
194
1.317
25,379
50.947
23.383
9,910

200

1.S03
7.634
9,438
17.831

28,728

4,290

11.500

975

18
2,'2.>9

3,622

2,432,841 8,673. 2il 3,898.043
976.128
3,250,955 14,098,719 7,433,896 1,356,905

Total

2,079,320
2,105.119 1,703,237 1,497,000
Bail and lake shipments from same ports for last four weeks:
Wee*
Flour,
Wheal,
Corn,
Ouls,
Barley,
R'je,
ending
bots.
busti.
bush.
bush.
bush.
bush.
An^. 13.. .190.330 1,631,974 3.433.395 630,538
7,7c18 42.114
Aug. 6... 191.305 1,233,443 2,470,475 1,214,776
9,39 i 21,111
July 30... 169.743
728,334 2.923.731 1,413,395
4,647 20,031
July 23. -.160,710 1,153,309 2,716,399 833,470
6,150 11,147

THE DRY GOODS TRADE.

—

Tot.,4 wks.712,138 4,750.173 11,399.520 4.142.179
4w'ks'80.. 600,674 10,372,812 12,342,973 :i,513,d88

27,898 97,403
49,870 318,969

Keeeipts of flour and grain at seaboard ports for the

ended Aug.

week

13:
Flour,

AtJfewYork

bbls.

109.716
Boston
45.729
Portland
3,280
Moutreal
14,222
PUUadelpbia... 13,793
Baltlmoi-e
23,374
New Orleans ... 9,037

Wheat,

Corn,

bush.

bush.

Oats,

bush.

714.094 1,283,191
36,800
!68,240

970,972
12,030

6,300
131.609
211,200
234.350
122,724

3,875
27,302
37,370
19,000
25,973

190,787
373.700
976.730
61,300

Barley,
bush.

Bye,
busn.

550

3,184

1,000

Total week... 233.133 2.383.431 2.293,114 1,116,542
550
4,184
Oor. week '80.. 253,463 4,779,767 3,010,991
379,801
23,008
Total receipts at same ports from Dec. 27 to Aug. 13, inclusive, for four years :
1881.
1880.
1879.
1878.
"oar
bbls.
7,983,094
5,790,^18
6,113,930
5,263,346

Wheat

Com

bush.

Oats
Parley

Bye
Total grain

36,892.600
71,183,349
17.203,932
2,026,433
907,072

69.237,262
90,938.970
14,373,517
1,539,307
9i7.b03

71,164,219
72,789.228
13,200,000
1,751,293
2,362,223

50,399,260
72,764,546
13.097.135
2.4.30,110

2,728,329

143.213,336

183,107.219 161,266,965 141,439,490
Exports from United States seaboard ports and from Montreal
for week ending Aug. 13. 1881:
....

Flour,

From—
HewYork

bbls,

72,030
3,587

Boston
Portland
Montreal

bush.

,220,734

495

37

Corn,

Oats,

bush.

bush.

976,199 41,997
59,476

8,304
2,400
1,010

1,034,996

1041820
252,238
190,751

93,510
time '30. 132,322

2,521,261
3,161,613

1,583,187
1,903,880

Philadelphia.

.

Baltimore
New Orleans
Total for w'k

124,739
i40.'.i37

Pen.?,

bush.

6,307

bush.

5,326
18,024

Frldat, p. M., Aug. 19, 1881.

The demand at first hands has been restricted in volume the
past week (many package buyers having temporarily retired
from the market), but there was a good steady movement on
account of former orders, in which most descriptions of fall
and winter goods participated. There was a still further improvement in the jobbing trade, and a satisfactory business
was reported in nearly all departments by jobbers doing
business with retailers in the West, Southwest and South. The
general market retains the firmness of tone noted of late, and
prices have slightly advanced on print cloths, and on a few

makes

of cotton goods which are largely oversold.
DoMBS'nc Cotton Goods. The demand fur cotton goods for
export has been more active, but agents heve been compelled
to decline orders in some'cases owing to their inability to guarantee deliveries within the next few months. The exports of
domestics for the week ending August 16 were 3,106 packages,
of which 2,050 were sent to China, 324 to Great Britain, 301 to
United States of Colombia, 172 to Argentine Eepublic, 62 to
Mexico, and the remainder to other markets. The demand by
jobbers was chiefly confined to Rmall reassortments, but there
was a liberal movement in plain and colored cottons in execution of back orders, and an increased distribution was made by
jobbers. Stocks are in excellent shape and prices remain very
Print cloths have shown
firm, but without material change.
more activity and prices have advanced in the face of considerable sales to 3 15-16c. for extra 64x64's and 3%c. for 56x60*8 respectively. Prints were in fair demand and steady, and there
was a large movement in dress ginghams, and a fair business

—

in cotton dress fabrics.

41,997
6,507 23,330
Same
30,408 15,938 29,812
The Visible supply of grain, comprising the stocks in granary
at the priauipal points of accumulation at lake and seaboard
ports, and ia transit by rail and water, Aug. 13, 1881, was as
follows:
Wheal,
Com,
Oali,
Barley,
Rye,
In store at—
hujfh.
bush.
bush.
bush.
bush.
Few York
4,61.- .031 3,233,828 2,044,413
7,011
£1,949
Do. afloat (est.)
273,000
990,000 114.000
1,000
12.000
Albany
10,000
44.000
26,300
13,000
Bullulo
163,011
227,183 984,969
OUioaiTO
3,639,782 3,331,334 1,400,093
26,564 133.623
Milwaukee
1,206,130
12,604
7,813
60,831
3.740
Duluth
36.1,347
Toledo
1,0.',J.390
696,729
43,591
6,541
Detroit
223.422
2.493
6,328
Oswego
63.000
30.000
Bt. Louis
613.312
717,758 305,973
13.314
Boston
35.310
216,030
30,014
1,020
480
Toronto
59,637
4,368
18,333
Montreal
127,875
132,023
69,170
46

Domestic Woolen Goods.

—Deliveries

of men's-wear woolens

made

to a considerable
aggregate amount by manufacturers' agents, but the current
demand for fancy cassimeres, worsted coatings, overcoatings,
&c., was almost wholly restricted to small duplicate lots required by clothiers for the renewal of assortments. Samples of
spring clothing woolens have been shown in exceptional ca-ses,
but it is yet too early to look for much bu.siness in this connecCloakings have been in fair
tion, and but little has been done.
demand, but repellents were quiet and steady, as were Kentucky jeans and satinets. Flannels and blankets were fairly
active in jobbers' Lands, and a considerable distribution of these
goods was made by agents on account of back orders. AVorsted
dress goods were less active, and there was only a moderate

(on account of former orders) were

demand

at first

hands forshawls,

skirts, carpets,

underwear and

THE CHRONICLE.

-210

woolen goods are firmly mainhosiery. As a rale prices of
shape.
tained and stocks are in very good
both
more animation
Foreign Dbt Goods have eihioited
though the demand was somewhat
flret and second hands, and
was fairly satisfactory Cashirregular, the week's business
was a steady movein moderate demand, and there

m

meres were

m

rvoi.

xxxin.

Receipts of Iieadlns; Articles ot Domestic Produce.
The following table, based upon daily reports made to the
New York Produce Esohange, shows the receipts of leading
articles of domestic produce in New York for the week ending
with Tuesday last (corresponding with the week for exports),

Medium and fine silks were
also the receipts from Jan. 1, 18S1, to that day, and for the
in fancy dress goods.
were mostly quiet. Fancy corresponding period in 1880
steady request, but the lower grades
received a fair share of attendress and millinery silks have
Linens,
in steady demand.
tion, and velvets and plashes were
Week ending Since Jan.
Same time
sought for
Aug. 16.
white goods, embroideries and laces, were severally
1881.
last year.
was a hmited deinand f or
in moderate quantities, and there
and
market,
bbls.
80
this
2.375
firm
lu
2,510
remam
Ashes
mens' wear woolens. Prices
702
hX>\3.
48,217
30,069
Beans
cashmeres are higher at the sources ©f supply in Europe.
Breadstuffs—
importations oC Brr Goods.
Mils.
97,378
3.490,047
2,819,594
Flour, wheat
hbls.
5.826
132,449
86,625
Com meal
this port for the week
goods
at
dry
of
importations
The
721,262
bush.
27,241,241
32,719,363
Wheat
3,208
bush.
ending Aug. 18, 1831 and since January 1, and the same facts
560,951
594,153
Eye
follows:
1,162,7'*6
btah.
29,524.536
33.460,705
Corn
for the corresponding periods of 1880. are as
ment

:

Biirley

Peas
Cotton
Cotton seed

1,016,850
28,780

bush.
.bush,
.bush,

Oats

472
7,358

.bales.

777

..bbls
.bags.
..bags.
...No.
bales.

oil

Flaxseed
Grass seed
Hides
Hides...

29,340
1.50

1,990

634
564

Hops...
Leather

65.129
2,570

Lead

393

lolasses

10,001,208
3,041,692
177,773
531.507
17.336
587,297
53.575
102,656
£7,104
43,171
1,802,300
96,150
3,178
50,681

7.970,513
2,705,439
340,455
495,054
31,960
22,400
70,417
98,778
32,625
11.916
2,587,998
119,159

1,250
49,972
184,317
15,924
2,497
391,951
5,505

2,319
01,274
243,682
13,510

515
42,346

Naval Stores112

bbls
Turi)eutine, spirits... bbls.

Turpentine, crude

Eosin

1.107
7,122

bbls.
bbls.
bbls.

Tar
Pitch

Oilcake
Oil, lard
Oil, whale

430

pkes.

10
5,160

bbls.

200

1.418

430,023
7,511
181
59,285

galls.

bush.

1,774
2,038

Pork

pkgs.

999

86,667

105,394

Beer

pkgs
pkgs

25,2,57

Cutmeati
Butter
Cheese

pkgs.
pkgs.

16,864
32,188
65,250
9,738
3,433
2,933

703.255
942,435
1.733,554
397,519
363,341
182,983
35,119
40.881
93,291
14,807
9.240
15,603
34,312
89,062
02,173
147,865
74,158

22,532
1,115,181
861,476
1,462,600

Peanuts
Provisions—

Eggs
Lard
Lard

bbls.
tcs.

&bbl8.
kegs.
No,

Hogs, dressed
Eiee.".

pkgs.

703

Spelter
Stearine
Sugar...

slabs.

3,722

PkKo.

134
195

Sugar

hhds.

TaUow

pkgs,

721

cases.

5,698
1,994
2,702

Tobiiceo

bbls.

boxes

&

Tobacco

hhds,

Whi.'ikey

bbls.
bales.

Wool

936

84,539

414,658
432,858
105,533
40,074
41,609
37,610
13,794
91
8,358
72.159
103,023
57,133
204,749
54,140

Exports ot Leadlas Articles of Domestic Produce.
The following table, based upon Custom Hou.se returns, shows

New York of all leading articles of domestic
produce for the week ending with Tuesday last; also the exports
from the 1st of January, 18S1, to that day, and for the corresponding period in 1880
the exports from

:

Imports of Ijeadlns Articles.
The following table, compiled from Custom House

1880.

1881.

1881.

China, iic—

China

Eartheuw

.

Glass

Glassware
Glass plate.
Buttons
Coal, tons...
Cocoa, bags,
Coffoc, bags.
Cotton.bales

Drugs,

&o—

Baric, Peru.

Bloa. powd.

Cochineal
Gaiublcr .
Gum, Arab.
Indigo .
M.'wlder, Ac
Oil, OUve..
Opium ....
Boda, biK!b.
SfMla, 8.11...

Boda, ash..

Flax
Furs

Gunny

cloth

Hair....

Eemp, bales
Hides,

13,400
30,888
282,270
28,029
4,790
7,125
38,276
42.360
1,640,014
7,600

Metals, &cIron, pig.

11,826

"

31,115:
486,147!
27,772;

Spelter, lbs
4,573' Steel
8,690; Tin, boxes
31,892^ Tiuslb8.,lb8
28,624; Paper Stock
1,51:2,935 .Sugar, hhds.
4,560' tcs., & bbls,
1

I;

18,188
12.3S6
2.990
32,499
4,402
3,593

379
33,320

510
3,853
30,584
45.981
3,175
0,573
1.4-3,713
205,369
1,539
4,421

India rubber
Ivory

41,754
2,056

Jewelry ,diC'
Jewelry

1,120

.

Watches
Linseed
Molasses
Metals, *o—
Cutlery...
Hnr.lwnre,

G8H
160,927
03,959

1,339.591

2,880 Tobacco
73.559 Wines, &o.—
4,533 Cliamp'gne
5,887
ba.skets .

908

Wines

32.570' Wool, bales.

255,432
587,208
39,457
4,715,077
375.829

039,809
981,978 1,042,955
9,788,150 19,136,543
100,176
221,741
466,791

472,950

2,070,816
002,939
33,460

2,198,938
492,281
50,833

133,211
156,919
28,406

93,609
135,199
87,760

ralue.
4l-0jb|:cigars
0«, 2, 6;, Fancy good^l
4,514 Fish...,
,1

8.991
2,061
9,272
157,143
2 220

Fiiiits,

Ac—

Ixjmons

Oranges
Nuts

1,035.142
800,133
311,499

963,085
747,401
284,330

720,516

..

..

Uaisins
illides, uiidr,

5,6(,9|Rice
Spices, &c.1,0-0, Cassia

1.279,950
1,356,525
574,419
501,655
622,504
12,.593,663 10,234,808
114,426
224,246
1,281,372
561,574

^I'-'f,?.

Ginger.. ..
Pepper
651 Saltpetre ...
345.691 Woods
69,022 Cork
2,306

4,309

4,729

068

914

Fustic
l.K)gwood

.

Mahogany

Ashes, pots
Ashes, pearls
Bceswa.K
Breadstuffs—
Flour, wheat
Flour, rye

Corn meal

Wheat
Ej'e

Oats
Barley
Peas

Com

34,246
49,915
234,536
229,826

141,833
81,977
396.270
277,332

508,998
95,060
437,328
287,675

411,911
54,913
530,154
157,250

bush.
bush.

59,760
3,623
1,063.754
13,879

bush

41,630

bush.

40

l)ush.

8,293
805,758

bush.
pkgs.

906

tons.
bales.

pkgs.

3,191
9.300
3,106

Hay
Hops

bales.
bales.

674
120

Naval Stores
Crude turpentine
Eosin

Tar
Pitch

bbls.
bbls,
bbls.
bbls.
bbls.

Oilcake
Oils-

cwt.

Whale
Sperm
Lard

gals.
gals.
gals.
gals.
gals.

Linseed
Petroleum
Provisioua—
Pork
Beef
Beef
Cutmeats
Butter
Cheese

418
.

5,206

177
147
51,160

30
49
6,200

280
6,672,341

bbls.
bbls.
tierces.

1,197

lbs.
lbs.
lbs.
lbs.

5,815.342
699,895
3,515,225
1,545,752

Rice
bbls.
Tallow
lbs.
Tobacco, leaf
hhds.
Tobacco
bales and cases.
Tobacco.manufactured. lbs.

644,747
2,295
691
64,119

Lard

Whalebone

lbs.

1,

154
52,371

lbs.

bbls.
bbls.
bbls.

Since Jan.
1881.

1,048

bbls.
bbls.

Caudles
Coal
Cotton
Domestics

Spirits tiu'pentine

1,320 Reported by
8,55:
.,„.

1880.

Sugar, boxes

24,479r; and bags...
17.33( Tea

dec.'

Bristles ..
Hidofl.dr'sd

EB.bars

Lead, pigi

148,827
243,416
25,521

Week ending
Aug. 10.

returns,

shows the foreign imports of leading articles at this port from
Jan. 1 to Aug. 12, 1881, and for the corresponding period in 1880;
[The quantity is given in packages when not otherwise spec! fled.]

362
906

863

3,061,218
2,216
133,663
26,557,895

725,129
182,331
15,187
178,374
22,309.139
39,130
39,243
337,498
89.424
51,115
18,622

Same time
last year.

677
145
50,078
2,532,661
2,848

114,720
38,244,293
967,866
311,664
262,806
227,158
30,915,252
40,079
32,219
405,839
67,630
81,640
2,964

6
7,264
118,352
7,692
3,535
1,636,200

3,495,243

154.529
108,252
267,972
22.911
202,793,394

69,907
233,548
567.913
79,417
153,608,751

130,253
27,125
35,110
272,258,867
13,216,992
88,271,251
142,274,239
16,671
35,072,718
50,411
30,099
3,815,233
75,917

154.495
40,426
39,263
362,260.085
17,777.220
78,319,184
184,872,369
13.675
55,911.546
45,680
29.099
4,060.070
53,469

18,308
140.034
4.484
3,097

ADOV8T

20, 1881.

THE CHRONICLE.

J

Financial.

Financial.

R.

&

Kimball

J.

Thirtoon Years' Momborahlp la Nttw York Stock
l£xchanKU.

R.J. KlMBAI-r.. A. B. LOUNSBERV. P. K. BALLABD,
Membera of N. V. Stuck Bxchanue.

&

UjkHUr
W.

Co.,

liANKEIlS AND BROKERS,
No. 25 Naaaan Street, Netv York.

Taintor

Holt,

INTEUEST

MAYNAIlf)

Foote & French,

KrUK.

C.

•'pcflul I'unnor.

&

BANKEBa,
AND OlALiaa

Whitely,

BROADWAY, NEW YORK,

64

(Brnnrii OfUce, l.SO FIAh Avenuel.
All classumif RiiIIwhj> and MInlni Stocks bonght
and sold on Coniuilttslon.
Private Telegraph Wires to Pblladolpbia, Wilmington, Bnltlniore, Wasblngtoo, Boston, Bridgeport
and New Uuven.

allowed on

8

at the

GOTERKSIENT BONDS,
or ALL ISSUES.

Buy and sell OOVBRNXSNT. MUNICIPAL and
RAILROAD bonds.

"CfMBKUl.A.ND," Broadway and MM Street.
sell on commission, for Investment or oo
securities dealt In at

all

R. R.

Lkab

Mtmsoir,

;C. I.

New

the

Exchange.

PHILADELPHIA,

T.

H

Member N. Y. stock Bzcb.

York

No. 7
No.

CtJOTW.

TAINTOR.

HOLT

GEO. H.

B8TABLI9HED
1864.

Coleman Benedict & Co.
No. 21

BROAD

NEW YORK,

ST.,

STOCKS AND BOXDS,
USMBBRS OF THE N. T STOCK EXCHANOB.
A strictly commission business conducted la the
purchase and sale of Stocks and Bonds on Margin
or for investment.
Complete KtnauclOL Report Issued weekly to our
correspondents

A. H. Brown

&

Co.,

BANKERS AND BROKERS,
T nraU St., Cor. New, New York.
INVESTMENT SECURITIES.

W.

P.

Stocks and Bonds bought and sold on commission

at N. Y. Stock EiiiBiinKe.

Advances made on business paper and other

securities.

DREXEL BUILDING,
BROAD STREETS,

Cor.

WALL

BANKERS AND STOCK BROKERS.
WlIXIAM LCMMIS,
UexrT DAT,
Members of New York Stock Ezcbange.

James Kitchen,

Kohn &

Glazier,

P. O.

BOX

«6

Co.,

Securities.

GEO.

WM.

BALLOL-,
Yorli.

&

BANKERS,

COMMISSION.

JOSEPH

P.

LLOTD.

W.

Ko.
C.

CONGRESS STREET,

35

UcEeax

BOSTON.

Member Of N. Y. Stock Bxch'ge

5c

McKeaii,
NEW TORK.

MEMBERS OF THE NEW YORK AND BOSTON
STOCK EXCHANGES.

UTALL STREET,

34

Buy and sell— on commission—Government, Rail
way and Miscellaneous Securities. Receive deposits
subject to check, and allow Interest on balances.

&

H. Latham

Co.,

New York

City, Chirairo, Cincinnati,
IjOUIs, DlNti-ict ol Columbia, aud

ALSO,

Dealers In .llunicipnl. State, Railroad and
Cnlted States Bonds.
-

Tower, Giddings
B

2

WALL STREET.

H. I.ATflAM.

F.

BOSTON.

W. PEBRT,

PINE STREET, NEW^ YORK,

BANKER

AND

C^

No.

Bays and

Parker

Simon

BaT

BOX 2.647.
WArLAND TKASK.
P. O.

A. M. KIUDKK.

W.

0.

NEW YORK

P. THO.VAS.

AV.

M. WIL3HIBK.

Cecil, Zimmerman
:»4

O.:

W.

& Co.

BANKERS AND BROKERS,
BROADWAY, NEW YORK,

WEST THIRD

ST.,

CIXCIXNATI, O.

BOSTO.X.

IN

Chas. A. Sweet
40

NEW YORK,

ALL KINDS OF

NEW

J.

YORK.

D. Probst

&

Co.,

STOCK AND BOND BROKERS
Ko. 53

EXCHANGE PLACE, NEW YORK.

Stocks, Railroad Bonds, Goverxmen-ts and
mlsceli<ani0t7s secckiius bought and sold

Co.,

state street, boston.
government securities

deal,ers in
State. City.

County and

llHilroiid

Bfmds.

SouTiiERX Securities a Specialtt.

Baltimore Bankers.

EBXEST GSOESBECK,
GRANT B. SCHLIT,
Members N. Y. Stock Exohan>;e

SethH.&H.B.Whiteley

Groesbeck & Schley,
BROKERS,
No

15 WALL,

STREET,

NEW YORK.

BANKERS AND BROKERS,

eo.

68 liroadwaf) cor. Exchange Place,
TRANSACT A GENERAL BANKING BUSINESS
INCLUDING THE PURCHASE AND SALE OF
STOCKS AND BONDS FOR CASH OR ON MAR.
(HN. BUT AND BELL COMMERCTAL PAPER.
D. A. BOODT.

BlITBSa UELAHS.

STREET,

BAIiTIZnOBB.

313.

Orders for Stocks executed in Boston,
PhUadelptaiu and Hicbmond.

WlLLCOI

BEOn-N".

C. D.

New York

LOWNDXS.

Brown & Lowndes,
BANKERS AND BROKEBS,

&
BANKERS,
P. O.

GERMAN

No. 27

P.O. Box

J.

8ECCIUTIES BOPOHT AT THE AUCTION' SALES.
No. 36 PINE STREET,

&

BANKERS

B org.

iBoodfft
J. P. WINTRINGHAM,
GAS, INSURANCE, BANK STOCKS, &o.

Stackpole,

DEVOxVSHIRE STREET,.

No. 68

MERCHANT,

S WAIili- STREET,

DEALER

MORSX

CINCI.VNATL

N. Y. Stock El.

M. ZniMERUAN.

69

J.

&

Railroad aud lurestment Securities.

HILL.

Geo. W. Cecil,

Member

H.

No.

New York

BANKERS,

Investment Securities. All basi.

ness connected with railways undertuken.

Nenr York.
Transact a Genenil Bankin>r Business, Inclodlng
the purchase and sale of STOCKS and BONDS for
cish or on margin.
and Sell InTextment Secnrltles.

C05I MISSION
sells

Co.,

Orders for Stocks executed In Boston,
and other markets.

Samuel A. Strang,
30

&

ANKERb,

83 DEVONSHIRE STREET,

No.

S^

Govei'uiiieut Securities.

J.

D. H. OAR1.INU.
A. S. WEEKS,

W.n. H, BINGIIAin,

BoMon.
BANKERS AND BROKERS.
BROADWAY AND 19 NEW STREET, Brewster, Basset
Co.,
NEW YORK.

FOREIGN EXCHANGE

Co.
BANKERS,
IS WALI, STREET,

St.,

BOSTON.

Receire accounts of Banks. Bankers. Corporation*
Indivlduttls upon favorable terms.
Deal In Governments and Standard Investment

IXVESTMEXT SECIRITIES,

NEW YORK

73 Devonahlre

and

STOCKS AND BONDS BOUGHT AND SOLD ON

CEDAR STREET,

3413.

NEW YOBK.

New

J.

COMMISSION BROKER IN UNCUREENT
INVESTMENTS,
70

BANKERS,

14 Wall Street,

Bonds and Stocks bouftht and sold on commissloa
New York. Bcjston and other KzchanKes.

Lloyd

and

Geo.Wui.Ballou&Co

at the

Lummis & Day,
M and 33

Co.,

BANKERS,
UNITED BANK BUILDltTO,
WALL STREET, COR. BROADWAY.
STOCKS, BONDS & COMMERCIAL PAPER.

Special attention to business of country banks.

Kos.

&

Gallaudet

CONGRESS STREET AND
2 CONGRESS SQUARE,

BOSTOX, MASS.

FrlTdte telegraph wires to Providence and Boston

O. B.

OBDEBa SXSOVISD IM

I.

Buy and
marKln.
:»tock

balances.

IN

Hudson & Co., BOSTON,
EXCHANGE COCBT, >EW TOKB,
NEW TOBK,
Branch Ofllce and Private Wire
C.

STREET, NEW YORK.
TRANSACTaUBNEKAL BANKING business.
recelred and

:.OOAN,

TRAVKKg.

R.

Prince
Vo

BANKERS,

DEPOSITS

I'.

OOilitlSSIOy

WALL

So. 10

Bofton Banker*.

J D.PKINrl. JAH. WBITEI.r, H. CRUOKII OAKI.IT

BOX

F. Q.

Box

874.

BALTinOBE

Wilson, Colston

&

Co.,

BANKERS AND BROKERS,

BALTIMORE.
INTESTMENT

and YIKQINIA SECURITIES a

specialty.

«47.

C.W

GERMAN STREET,

No. 19
P. O.

MCLSI.LAW, JB

SALIONSIAU.

Correspondence solicited and Information fnrnishfd.

N. T. COBBlSPONDEN-Ta-McKIm Brother)

A

Co.

THE CHRONICLE.

l

&

Sons,

BANKEB8,
SOCTH STREET,

No. T

Whitelky, Jb.

S.

Whiteley

K. N.

&

Morison,

AND

Geo. A. LEWIS,

BAI.T1MORB, MD.

Correspondence Invited and full Information on

financial subjects furnlahed.

U.

PHIIiADEI-PHIA.

St.,

Dealers in all issues of United States Bonds.
Investment Securities a specialty. Correspondence
Invited and full information upon financial subjects
Xumlslied.

&

NEW YOEK, January 25, 1881.
The Trustees, In conformity to the Charter of
the Company, submit the following Statement
on the 3lBt December, 1880
Premiums on Marine Eisks from

of its affairs

Ist January, 1880, to 3l8t December, 1880. . .y.
$4,232,675 04
Premiums on Policies not marked
oS 1st January, 1880
1,495,947 23

Co.,

BANKERS,
»60,000

Capital,

Total Marine

XOPEKA, KANSAS.

Municipal Bonds and MortgageLoans Negotiated.
A
Bight per cent Farm Mortgages a specialty,

OKNBftAL BANKING BUSINESS TRANSACTED,

collections and correspondence receive prompt attention.
„ .
-n
1.
*
Corrfsponbents.— Boston, National Bank ol

No. 20r Walnut Place, PHIl.ADEt.PHIA.
Government, State, Municipal and Railway Bonds
and Stocks bought and sold at all the Exchanges.
Investments prudently made in sound railway se-

Collections promptly attended to.
Correspondents carefully represented at Auctions
and Private Sales. Bonds of good but not wellknown railruads always wanted for investments at
the best rates. Orders on miirtrins not entertained
curities.

113 No Third

STOCK BROKERS,
No. 1104 MAIN STREET,

HICHinOND, VA.
SPECIALTY

SOTTTHERlf SECURITIES A

BANK OF CHARLESTON,
National banking Association,

CHARLESTON,

S. C.

Special attention given to Collections.

BURRUSS,

First

A. K.

Pres't.

Western and Southwestern Municipal and Railroad
Bonds or Stocks.
Defaulted bonds a specialty. Choice investment
securities always for sale. Write to us before you
buy or sell any Illinois, Missouri or Kansas bonds.

Premiums marked off from Ist
January, 1880 to 31st December, 1880
$4,141,087 80
Losses paid during the same

$2,071,238 98

penoa

Walker.

R. H.

MAURY &

for

Edwards Whitaker,

Matthews

Member

&

N. Y. Stock Exch.

Whitaker,
MO„

BROKERS AND DEALERS IN
State, City, County and RR. Bonds i& Stocks.
Orders receive prompt and personal attention.
Correspondents, Messrs. Maxwell & Graves, New
York City, and Messrs. Blako Brothers & Co., New
York and Boston.

Penzel,

President.

i

STATE BANK,

\

Incorporated 1875.

>C.T.
>

WALKER

Cashier.

CAPITAl.

875,000
25,000

(Paid-in)

SURPLUS,

Buy and sell Government. State, Municipal and
Railroad Bonds and Stocks. &c. Virginia State TaxReceivable C.>up.>ns bought and sold. All orders
promptly attended to
New York Correspondent, VERMILYE & CO.

;

all

1,628,921 34

ceivable

prompt returns.

SIX

$12,608,356 71

PER CENT INTEREST on the outstand-

certilloates of profits will

RICHMOND, VIRGINIA,

Informition on nil classes of Sontliern Securities.
especially state Bonds, Tax Coupons, So.
Cor-

Railroad

STOCK AND BOND BROKERS,
AlGUfSTA, GEORGIA.
Buy and

Debt; Interest Charges
in the Past

an.t

sell

all

kinds of Investment Securities
Infornialiun furnished,
II.

Cll.t.S.

and Earnings
Four Years.
;

solicited.

rsoM

WILLIAMS. JNO.
B. MlLLEU.

JANUARY TO JUNE, 1881, INCLUSIVE
AND THE FULL YEAB 1880.

correspondence

TUU8.F.lIII.LEn, a.

OF

MONTHLY RANGE OF STOCKS
AND BONDS

o-.nriglicoron commission.

orders

Securities.

AN ANALYSIS

solicited.

HARRIS & RHIND,

Thos. P. Miller

W

&

MILLKB
'

Co.,
Price In

BANKERS,
iaOBII..K,

ALABAITIA.

Red Leather Covers,

;

Of

Liverpool.

-

TosnbKcrlbersoftUeCUronlcle,

Bpeclalatleniiou puid to collections, w'lhpromDt
remittances at current rates or exchange on aav t\i
'

payment,
Correspondents.—German-American Bank New
York I^oulslana National Bank.New Orleans Bank
Liverpool,

be paid to the holders-

thereof, or their legal representatives, on
after Tuesday, the First of February next.

and

THE OUTSTANDING CERTIFICATES Of
the issue of 1876 will be redeemed and paid to
the holders thereof, or their legal representatives, on and after Tuesday, the First of B'ebmary next, from which date
will cease.

the time of

all interest

thereon

The certificates to be produced at
payment and canceled.
is

declared on the net earned premiums of the
Company, for the year ending 31st December,
1880, for which certificates will be issued on
and after Tuesday, the Third of May next.

By

order of the Board,
J.

H. CHAPMAN,: Secretary.

TRUSTEES:

THO.lfAS BRANCH &. CO.,
BANKERS AND COMMISSION MERCHANTS,
respondence

337,977 37

Amount

D. Jones,
Charles Dennis,

Soulhern points on best

J,.""?' P- BRANCH, President.
„ ..
r,
Morton, Cash.
Fred. K. Scott, Vlce-Pres't.

470,000 00

CashinBank

J.

J. B.

1,187,900 00

otherwise
Real Estate and Claims due the
Company, estimated at
Premium Notes and Bills Re-

Publications.

UICH.^IONU, VIRGINIA.
made on

$8,983,558 00

other Stocks

MERCHANTS' NATIONAL BANK,
Collections

assets, viz.:

Loans secured by Stocks and

Prompt attention given to all business in our line
N. y. CORRESPONDENTS— DonnoU, Lawson & Co.,
and the Metropolitan National Bank.

CO.,

STOCK BROKERS,
RICHMOND, VIRGINIA,

$873,113 96

The Company has the following
United States and State of New
York Stock, City, Bank and

A DIVIDEND OF FOETY PEE CENT

Germ'an Bank,
LITTLE ROCK, ARK.

parts of the United States

all

STREET, ST. LOUIS, Mo.

LEONARD MATTHEWS.

C. F.

Cashier

Co.,

Returns of Premiums and expenses

sale. St. Louis City and States of Missouri, Kansas,
Texas, Arkansas and Colorado Bonds a specialty.
Full information given in reference to same on aplication. Coupons and dividends collected.

National Bank,

made on

&

Western Investment Securities

First-class

\riIimiNGTOIV, N. C.
Collections

Street, St. Louis, Mo.,

ST. liOUIS,

Wm. C. Courtney, Pres. Ernest H. PRiNGLE.Caah

Co.,

DEALERS IN

P. F. Keleher

Schoolcraft,

6c

&

John V. Hogan

305 OI-IVE

Campbell

.

$5,728,622 27

....

,

North America; New York, American Exchange
National Bank and Ninth National Hank; Chicago,
Preston, Kean & Co.: St. Louis, Third National
Bank Kansas City, Bank of Kansas City and Merchants' National Bank.

Soutliern Bankers.

terms

Premiums

;

A. P. Turner & Co.,
BANKERS,

B. B.

solicited.

A. Prescott

BANKERS AND STOCK BROKERS,

Proceeds
Accounts of

Special attention given to collections.

SHOEMAKER.

Thomas & Shoemaker,
134 Sonth Third

KENTUCKY.

promptly remitted at best rates.

Banks and Bankers

Jos. M.

Mutual Insurance Co.,

DEPOSrrOEY,

S.

1.0UISVII.L.E,

Fhiladelpliia Bankers.
Thomas.

A. L. Schmidt, Cashie

Pres't.

National Bank,

First

DBALKR8

KOKKIGN KXCHANGB,
Corner South and German Streets,

C.

ATLANTIC

7
8 PER CENT.
and
City
Township,
District,
Negotiate School
County Bonds. Write for circulars, blanks and
references.

IN

Geo.

OFFICE OF THE

AND

MOBISON.

BROKERS,
BONDS^ AND

STOCKS, NOTES

Co.,

LOAN BROKERS,

CITY, MISSOURI.
YIELDING
WESTERN FARM MORTGAGES,
A SPECIALTY.

BAN8ACT A GENERAL DOMESTIC AND FOREIGN BANKING BUSINESS^
W.

&

Conklin

Tarvis,
''

KANSAS

BALTIMORE.
n

Insurance.

Western Bankers.

Baltimore Bankers.

Robert Garrett

[Vol. XXXIII.

WILL,IA]» B.

i

79

&

81

DANA &

$1 OO
-

76

CO.,

WILLIAM SIEEET, NEW YOEK.

W. H. H. Moore,
Lewis Curtis,
Charles H. EusseU,

James Low,
David Lane,
Gordon W. Bumham,
A. A. Raven,

Wm.

Stm-gis,

Adolph Lemoyne,
Benjamin H. Field,
Josiah O. Low
William E. Dodge,
Eoyal Phelps,

Thomas F. Youngs,
C. A. Hand,
John D. Hewlett,
William H. Webb,
Charles P. Buidett,
J.

Horace Gray,
Edmund W. Corlies,
John Elliott,
Alexander V. Blake,
Bobt. B. Mintum,
Charles H. Marshall,
George W. Liine,
Edwin D. Morgan,
Robert L. Stuart,
Jami'S G.

Samuel

De Forest,

Willetts,

Charles D. Leverioh,
W'Uiam Bryoe,
MUliam H. Fogg,
Peter V. King,
Thomas B. Coddingtoa
Horace K. Thurber,
William Degroot,

Hem-y Collins,
JohuL. Eiker.

D. JONES, President.

CSARLES DENNIS, Vice-President.
W. H. H. MOOEE, 2d Yloe-Presidont.
A. A. KAVEN, 3d Yloe-Pi-esideat.

Adoi

THK CHRONK^LF.

IMHl.J

.-^i

Comnerclal Cardt.

Bteanmlilpii.

ONLY

&

OENEKAL TRANSATLANTIC CO.
BETWEKN NEW YoTtK ANH HAVRE.
(now) No. 4a

IMi-r

^oot^•r Morton

Niirtll

Utvvr,

Stroel.

TniTolors bythl. lino uviilil both trnniilt by Bnind the disooniforta of orosvlnR the

llsli lliillwHy

t

Wert.. Auir. 24. 8 A. M.
Wed.. Aiw. 31.10 A. .M.
Wea.. Sipl.?, Jl". M.

AMKHIQIK. Mintolll
KRANTK. Tnuli'llii
CANADA. I'liitiii.ul
I'UU'H

OK I'ASSAOK.

to HUlt.

TOfCHINQ AT

('AIIIZ. lilllilAI.TAIl * BAHCII.OSA.
will leuvoNew York direct

The folluwlnKRtoiimfrs

for riuliR. GlbruHur. Barcelona and MufHeilles, taking frelitht and pansenuers
„ . „
PICAUUIE. Kortin.Auii 22 CALDEUA... .Sept. 8
1

^
tTSand »»0

UATK.H OF I'ASSAliK:

r.

ioax

UOUOUITT,

hJMUwrt.

u,

C. F. Hohorst & Co.,
COTTON
COMMISSION MERCHANTS
PEARL MTRKET,

lis

No.

Nemr York.

And nil kinds of
ReeelTO Consignments of Cottr>n and other prodne.
CANVAS. FKLTINO DUCK. CAB
LIBKBAL ADVANCE8 .VAIIK.
COVKHING, BAUUINU. HAVKN8 DUCK, SAIL
SiMOlal attention glren to orders for the pnrebaM
TWINES. Ac. "ONTAUIO" SKAMLBSS
and ula of Oontiaot* for Fatare Uellrery of Cotton.

COTTON

BAGS.

"AWNINO

STKU'ES."

Also, Agents

UNITED 8TATES BUNTINCJ COMPANY.
A full supply, all Widths and Colors, always in stock.

Doaue

No. 100

FOR MARSEILLES,

In

OBAi.

COTTONSAILDUCK

Iliivre— Klrst cabin.

Hmuuuts

Co.,

Manufooturen and Dealers

(Inrl>i<l>nii «rin«;

»UH) »nil 180; lecond
nbln.tUO. 8to<initfi> »»i. IncludlnK wine, b«ddlii(i
and utenKlli'. Kelurn llckctsul v«ry reduced ntea.
Checks drawn on Credit l.roiiniiU ot Tarl* In

To

Cotton.

Turner

Brinckerhoff,

Direct Line to France.

From

Tti

Jno. C.

cukc's »tfainst
In

III)

idtiitlK,

and U.

8. Courts.
Hefern to C. Auttinun. Canton O.
Isaac llarter St, Hons, Canton, (>.; Kountze Bros ,
New VorSt: Kx-Chlef Justice Avnew. Beaver. Ka.

ForCadli! and (iibraltiir-K.rsl cabin
For Barcelona A Mursellles— First cabin.t«0and»100
•**
TbrouKh bills of ladliiK Issued to Mediterranean
Ports, Incluilimt Barcelona, Aluerla. Tunis, Genoa.
and
l«Khorn. Naples, Messina; also, for Trieste

Co.,

WATERS k

BANKERS

Atreet.

CO.)

AKD

W. IIAUTEIt, ATTOHNKY, Canton.
nKXKYt-onductH
(Masses of
COTTON
IndtrnitlroiKtsund other coritoratluns
both Slate
uhl(»,

&

Graham

(Successors to R. M.

COHSIISSION MERCUANTa^
18 Wlllinm Street, New York.
INVESTMENT SECURITIES BOUGHT AND
SOLD FOR A

CUMMI.'iaiON.

Steoriiiie

Const4intin<»]>li>.

F.

„
Gibraltar.

.

N. B.— No Irclttlit taken for
after jJepi. 2i llie steamers lettTlng New
omcIi iii"nth will touch at Lisbon,

On and

LOUIS DE HEBIAN,
No.

Aecnt,
Uonliuff Green.

fi

IHlV

OF NEW YORK,

F.S.WINSTON, presiden:
SSUES EVERY APPROVED DESCRIPTIONO
.IFE AND
POIICIE!
)N TERMS AS FAVORABLE AS THOSE 01
ANY OTHER COMPANY.

Coiiiiiicreiai Cards.

ENDOWMENT

Whiting Paper Co.,
IIOLVOHE, MASS.

ORGANIZED APRIL

Bankers* Ledffer and Record Pa^ra.

:ASH ASSETS

Machine Hand-Made I'apera.
Antique Parchment Papers.

COTTON BROKER AND AGENT,
RVE DE LA BOURSE, HAVRE.

38

York on the a2dof

IZth |842.

Hoffmann,

COMMISSION MERCHANTS
&

Noa. 16

,

lUllIs,

ANI>

Hosiery, Slilrts and Drawers
} loni Various Mills.
boston,
new york.
15 Chauncky Street
White Sthbkt,
p1j11.adblpu1a.
W.
DAYTON,
24t
OUKSTNDT
StHSET.
J.

throughout the world*

PEIXTS, DENIMS, TICKS, DUCKS,

Chronicle Numbers

WANTED:
1872; Dec. 28, 187S; Dee. Supplement
1875; Dec. 15,1877; AUK. 31, Oct. 26, Nov. 30 and
Deo. 28, 1878. Kith their Supplements. April 26 and
of February, April
INVESTORS'
liberal price will be paid for
and May, 187».
Volume 1, Issued In 1865. Apply at Publication
2,

SUPPLEMENT

OSce. 79 A 81 V/lUlam

Export Trade.

COMMISSION MERCHANTS,
17 Water Street,

JOHN

CLISIiY

II.

PCBCBA8E ONLY ON

Parisot

KABCOCK UKOTUERS *
50 Wall 8tex«t,

COTTON FACTORS
AND COMMISSION MERCHANTS
121 Ghe.tnat

&.

Ctt.,

OBDEItS, FOR

&

A COMMISSIOK

S3

Camobell,

WOOOWAUD

New

BTKEL AND CHARCOAL
IIION of superior quality
suitable for MINING

AND

PURPOSES,

Inclined Planes, Transmlslon of Power, Ac. Also.
•

Jtilvanixecl
Charcoal and
(tB for Ships' HlKKinif.Suslensitin
HridKes, Derrick

Kerry Itopes, Ac.
s:ock constantly

A

f.n

Hand Irom which any desireil

Ifnyths

are

cut-

FLATSTKKL AND IKON
KOI'KS

for

MinlnK pur-

poses luanu'actured to order.

JOHN W, TnASON
43 Br,>adwa]r,

A-

CO.,

Now

ftllSS.

Orders to Purchase Cotton in our market soltclte
A 8TII.1.MAN
Uefer to Messrs

Wire Rope.

;u>-.s,

PblladelplUa.

H. Tileston

xorb.

Vork.

Wm.

Felix Alexander,
COTTON BROKER,

AVGVSTA, GEORGIA.
Entire attention given to purchase of COTTON
ORDER for SPINNERS and EXPORTERS

COBEKSPONDXNCB SOLIOITKD.
References :— National Bank of Augusta, Oeorclt
Henry Hentz ft Co., Coinmisslon Merchanla N<w
iork: William B, Uana& i;o.. Proprietors t;o.Miii«r.
OLU, Aso FiNAi^ciAL CuxoNioui, and ottier No>
VoiJc Ilousei.

&

Co.,

BONDS, &e.
WILLIAM STREET, NEW YORK.

COTTON,

VICKSUURG,

iniliWARD'S HELIX NEEDLES
«00 BROADWAY, NEW YORK.

!tr(,'e

St.,

COTTON BKOKCRS,
BEAVER STREET, NEW YORK.

88

^*

STOOKS,

Futures" executed at N.Y.Cotton fCxeb

Cotton Factors,

1

CO.,

Geo.H.McFadden&Bro

Orders In

{

LIVERPOOL,

Receive consignments of Cotton and other Produce,
and execute ortiers at the Exchanges in LiverpoolRepresented In New York at the office of

WALTER & KROHN,

Street.

COTTON BUYERS,
niONTGOaiERV, ALA.

HOISTING

YORK.

Cotton.

& Bro.,

George A. Clark

Co.,

B.F.BABCOCK&CO.

New Tork.

A

&o.

White Goods and Hosiery.

Drills, Sheeiinga, rfc, tor

Sons,

Josepli Gillott dc

Not.

AND SHEETINGS,

I

1

&

BROKEKS,

136 PRARI. STREET. NEAV

Hia CelebraUd yumbert,

^

COTTO:!!

PARIS, 1878.

303-404- 70-35 -332,
a^ui hi* other styles may be had of all dealva

Boston, Philadelphia,

BROWN AND BLEACHED 8HIRTINGS
Toivels, Qiillts,

aOLD MEDAL,

Fabyan,

SELLING AGENTS FOK LEADING BRANDS

NEW YORK

Geo. Copeland

AGENTS FOR

mills, Cliicopee mrg. Co.
Burlliiston ^Voolen Co.,
£llertou New llllls,
Atlantic Cotton RIllIs,
Saratoga Victory M <s. Co. OceaD Mills,

18 Exchanse Place,

Special attention given to the Purchase and Sale
of Contracts for future delivery of Cotton.

E.R.Mudge,Sawyer&Co

New York,

Co^T"

COTTON
POST BUILDING,

&

York.

&

P. Billups

J.

AGBKTS

"Wright, Bliss

New

IIT Pearl Mreet,

Orders for Spot Cotton and Futures promptly exe
cuted

JAMIES D. WHITKORE & CO.,
«S BKEKMAN STREET, NEW YORK.

Peabody

Co.,

COTTON BROKERS,

OVERS 80,000,OOC

Plated Papers.
Bond Papers.

Washlneton

&

Dennis Perkins

A. L.
No

Leman,

COTTON BROKER,
160 SECOND STREET,
IVACON, GEORGIA.

Entire atterjtfon paid to purchase and shipment of
Cotton on OrdVhtor 8pinners mid Kipurters.
Best of reiei'unctis lurnished. Correspond enov
s oliciteth

John F. Wheless

&

Co.,

COTTON

UONMISSION MERCHANTS
NASHVILLE, TKNNKSSKB.
Special attention clvea t j Spinners' orders.

.poadeuco

Con*.

S'^IlcUe^l.

KxrKKKsbi:'..— Thlr>) and Fourth National Ban^a

ana Prooneiurt o( Tax Cuxukwui.

THE CHRONKJLE.

Tin

Woodward &

Stillman,

POST BUILDING,'
Oar, Eschanee PIncc, Hanover

& BeoTcr

!it«.

Honsi!],

NEW TORK.
GENEBAL COMMISSION MERCHANTS
J.OAN8 niADE ON ACCEPTABLE

UMnU

COTTON
COMMISSION MERCHANTS,
Cotton £zchang:e Building:,

LOANS MADE ON

SOVTDERiy SECURITIES.

&

Watts, Haswell

COTTON FACTORS
Watts, Haswell i Co. will make advances on Cot
ton and other Produce consl(?ned to them, or to
C. Watts 1l Co. Special attention given to the eie

W

aation of orders for the purchase or sale of Cottoa
iBUverpool tor future deliverj, etc.

WATTS

C.

CO.,

dc

&

Geo. Brennecke

Co.,

COTTON BROKERS,
110 Pearl

Ifo.

Street,

New

Qiixiat bchboedi

Ware &

Special attention given to the purchase and sale
of contracts for future delivery.

Bennet & Foulke,
conmissioN siercuaivts,
131 PEARL STREET,
EiBAM Pool.

Bartlett

&

Pool

s.

Johnston.

Johnston,

solicited

b.

Fielding,

Orders executed at Cot-

New Orleans and Liverpool

Gwynn & Co.

UrwT

of cotton. Liberal advances made on con

18 ExcbanEe PiRce,

NEW TORK

POST BCILDINO.

»liwmepts.

JamesF.Wenman&Co.j

E.

Jemison

S.

,

New

(in

AZBAHAM &

Tontine Building) 1840.
Leh»ait,

Co.,

DrBR A Co

Montgomery, Ala.

Orleans, La.

LEHMAN BRO'S,
Cotton AND Factors
OOiajIISSION
ID

nERCHASTS,

EXCHANGE PLACE,
New Tork.

Orders executed at the otton Exchc^iges inKev
Tork and I Ivei pool lad e4v*Dces made on Cotton
•ad oUier produce consigned to cs, or to our corre•pondeats In Liverpool, Messrs. a. Newxass St Co.

and Messrs. L.

Roseotaelui

H. W. &

£

Sons.

H.

J.

Farley,

COTTON FACTORS,
COMMISSION

MERCHANTS,
AJtB

FflfANCIAL,
133 Pearl
r.

O Box

AGENTS
Street,

New

3,909.

Vork.

AAraoces made on ConslRnments.

^eeUi personal attention to Uie purchase and sale
ff*^STRACTB For. FUTUUK DEHVEIIT
Ot
OOTTOH.
Wu-MOBU. H. W.Hanemakk. Clemens FiBCHE

Mohr, Hanemann & Co.,
COTTOX BROKERS,
IBS PEAai. STREET,

OF HARTFORD.
Assets Jaauar/

1, 1881
unpaid losses
and reinsurance fund

KOODT & JEMISON, Galveston,
G

ENERAL

TORK.

attention Rlren to the executk n of OR.

racBS

roa futuuk coNTnAcrs.

1,694,80180

Capital

3,000,000 00

|a,729,2Tl 9H
St.,

&

New

ALBXANBKR,

North

York.

Agent.

British

Mercantile

Co.

Ins.

OF

LOXDON

CDIXBL'ROH.

Ai\It>

Management)

of

SOLON HUMPLRETS, Ch'r'n,(B. D.Morgan & Co
DAVID D0W8, Esq. (David Dows & Co!)
E. P.

New York.

Henry Hentz

$7,424,073 73

for

Liabilities

NBW TORE

AND
No. 10 Old Slip,

Company

Insurance

Cnited Stales Board

COTTON COMMISSION MERCHANTS

&

Texas.

Co.,

FABBHI,

Esq. (Lirexel,

Morgan

& Co.)

S. B. CHITTENDUN.
EZRA WHITE, Esq.
J. J. ASTOU, Esq.

Hon,

CHAS. E. WHITE, SAM. P. BLAGBEN,
MANAGEKS,
Office £4

WUllam

St.,

New Vork.

comnissioN hierchants,

LyOmmerdal

New
LAY &

8 Souili William St.,
York.
Advances made on Consignments to
nieHsrs. JAinES FIN
CO.,

UVBRPOOL, LONDON AND GLASGOW.
Also execute orders for Merchandise through

messr«.

FINbAY, IffCIK

dc

CO.,

CALCUTTA AND BOMBAT.
CONTRACTS FOR FUTURE DELIVERY COTTON bought and sold on commission in New York

Union

ALFRED

&

Waldron

Tainter,
GENERAL COTTON MERCHANT
97
Futu

e

PEAHL
n-,-.

ers

1

NEW

«lT-i£KT,
YORE.
lecutea at N. Y. Cotton Exch'ge

Hughes, Carter

&

Co.,

COTTON BUYERS.
MOBIL,G, ALA.

MERIDIAN, MISS,

LONDON, <ONN..

Brown Cotton

or the celebrated

Gins, Gin Feeders and

Condensers.

COTTON GINS

B EXPOET.

PELL,
Risidcnt Manager,

^r

&

89 Wall

WoBKS AT Orient,

L.

I.,

and

"

Stref-f
Eureka'
"Orient.

KicHMoJjp, Va.

The Atlantic

THE liROWI«
Cotton Gin Company,
NEW

Ca

Ins.

ipF LOXDOX),

and Liverpool; also at Now Orleans through Messrs.
feamuel 11. Buc k Jc Co.

HANi;i_».>,i.i:.vo

NEW

Co.,

RANKERS

COTTON BROKERS.
Ko. 146 Pearl Street, near ^Vall, N. >
EflUblisbed

&

Secretary.

iETNA

COMMISSION MERCHANTS,
ifc

mARTIN, President.

J.

WASHBURN,

H.

J.

Special attention paid to tbe execution of orders

16

1

»6,8e6,029 38

CHAS.

JAS. A.

far the parGha»c or sale of contracts for future de-

on

lien

Total

JlSO

Tork.

J153,a77 14
flrafc

,71 5,558 00
United States stocks (market value)
3,029.100 00
Bank& KR. stocks* bd,«. (market value) B55,517 60
Slate and municipal b'ds (market value)
192,750 00
Loans on stocks, payable on demand
(market valueof col aterMB,t3.459,734) 1,865.600 00
tnteiest due on lat July. 18f 1
59,209 11
Premiums uncoU'ct'd & in h'nds of agts. 143.2013 IT
Real estate
51,81S 40

NET BUEPLU8
Jio. 2 Cortlandt

COTTON FACTORS

FIRE INSURANCE:

real estate (wort h t3,88n.530)

NEW TORK.

OOTTON COMMISSION MERCHANTS.

New

in Banks
Bonds and mortgages, being

Cash

Co,,

Schroeder,

Ill Pearl Street,

the United States, available for the PATof LOSSES by FIKE and for the protec-

in

tion of Pollcy-Holders of

Hyman &

Consignments

ware.

$6,866,029 32

MEKT

Norfolk. Va.

ton Exchanges In N. Y .,

FOrnRE CONTRACTS A SPECIALTY.
BMrnarz B.

Held

HYMANS & DANCY,

COTTON COMMISSION MERCHANTS,
68 STONE STREET, NEW YORK.

York.

BROADWAY.

OFFICE, 119

Finy-Slxlli Senit-annnal Statement,
SHO\¥IXG THE
CONDITION OF THE COMPANY ON THE riRST
DAT OF JULY, 1881.
CASH CAPITAL
$3,000,000 00
Reserve for Unearned Premiums 1,S96,6~8 00
Reserve for Unpaid Losses
2 10,724 29
Net Surplus
1,738,627 03

Special attention given to the execution of orders
for the purchase or sale of Contracts for Future
delivery.

BBOWN'8 BUILDING, LIVERPOOL.

NEW YORK,

OF

SCMiMARV OF ASSETS

COTTON COMMISSION MEHCHANTS,
9J Pearl St., New York.

COininiSSION JHEBCHANTS,

Company

Insurance

Cash Assets

Co., Dancy,

NEW YORK,

26 STONE STREET,

W.

HOME

^^_^^

Watts
W.C. Watts. David Haswell. chas.W.
Thomas J. slaughter, Special.

16

York.

SECUKITIf.

of cotton.

AND

New

advances made on Conslfmments.

Bpoclnl attention paid to the execution of orders
lot the purchase or sale of contracts for future
r

INMAN,SWANN&Co
101 Pearl Street,

3), 1881.

Insurance.

Cotton.

Cotton.

[Reab of Custom

[AnausT

&

Virginia

Fertilizing Co.
OFFER THEIR STANDARD BRANDS
AlIMo^•lATED

«

Bone

Sfi'icRr-HOSi'iiATE

AND

of Ldik

ORIENT COMPLETE MANURE,"

And want, a good working agent in every thriving
cotton, tobacco, grain and tiuck growing county.
Ap^ly (with reference) to

W.

CJ.

CRENSHAW^,

Fres't,

Crenshaw warehousk,

Rlclimond, Va.