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HUNTS
MERCHANTS’
&
MAGAZINE,
fjttur*paper,
REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OF THE UNITED STATES.
VOL. 29.
SATURDAY, AUGUST 23, 1879.
to
CONTENTS.
THE
Life
Insurance
Condition
and
Prospect s
New
or
Hand ed-
r
weight
187
Latest Monetary and Commercial
English News
186
Commercial
188
and
Miscellaneous
News
THE
BANKERS’
Money Market, TJ. S. Securities,
Railway Stocks, Gold Market,
Foreign Exchange, N. Y. City
Banks, etc
Commercial
Cotton
Breadstuffs
19q
GAZETTE.
I Quotations of Stocks and Bonds.. 194
| Local Securities
193
191
I Investments, and State, City and
| Corporation Finances
195
THE COMMERCIAL TIMES.
200 I Dry Goods... t
2( 0 Imports, Exports and
Epitome
204
| Prices
205
206
Receipts
Current
i07
She (Pxromde.
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PROSPECTS OF
market.
bank statement to be issued
CHRONICLE.
The Cental
Prospects of the Money Market... 183
Free Ships and No Ships
184
The Fisheries Question
1S5
relieve the loan
NO. 739.
1839 to 1671, inquire
THE MONEY MARKET.
The
noted above in
It is
probable that the
to-day, will reflect the change
the Government currency movement,
and that the
coming week will see no interruption to a
very gradual return to a more quiet condition.
But under the existing circumstances, and with
the experience before us of the past two weeks, one
would scarcely anticipate much below a 6
to 7
per cent money market during the next six weeks,
except very temporarily.
It must be remembered
in the first place that Mr. Sherman has finished h’s
funding operations and has therefore no interest in
keeping the rates for money low. During the spring
and early summer a 3 per cent market was indispensa¬
ble for his success, so he very naturally yielded to any
suggestion or arrangement which promoted that con¬
dition.
Then again, although the Government’s part
of the funding arrangements is completed, decided
changes must still be made before an actual settlement
by the purchasers of the 4 per cents is reached. The first
of October is now named as the date for closing the ac¬
counts with the banks.
Say, that against the 54 millions
of called bonds still outstanding and to be closed out by
October 1st, there are only 18 millions of corresponding
4 per cents that have not been
paid for and taken up—
that is, that the Treasury is only cairying now for the
subscribers 18 millions of these bonds ; granting that,
and we presume the statement is
about correct^
it includes the
other fact,
that between now and
the 1st of October, the 4 per cents carried
by
the banks
here and elsewhere, must be increased
,
expected relief to the money market, which we
foreshadowed last week would come through the action
of the Treasury, has been experienced during the
in
total balance in the
hence the conclusion would
the
less what
sold in the
prices are at present low it is to be pre¬
past few days.
In fact the turning point was sumed that holders will be inclined to keep the bonds for a
reached last
week Wednesday (August
13), the time and certainly not to force them on the market; and
sub-Treasury of gold and
cur¬
being on that day $176,288,944 75, against
$163,483,414 on the last day of July, showing an accu¬
mulation by the Government, this month, up to that
date, of $12,805,530. That this increased Treasury
balance was a direct drain upon the banks may be seen
from the fact that the New York banks reported their
total gold andlegal tenders, Aug. 2, at $17,307,500, while
last Saturday, Aug. 16, the same total was $63,527,200,
or a loss of $13,780,300.
Since Aug. 13, however, the
movement, as already indicated, has been in the oppo¬
site direction, the Treasury currency balance having
fallen from forty-seven millions, Aug. 13, to forty-four
millions, Aug. 21, or a decrease of about three millions.
The stock speculation, also, being less active, the bank
clearings have fallen off, and that has further contributed
rency
same
meantime.
amount,
are
As
seem
to be that the amount
loaned
by the banks on the 4 per cents must be an
increasing item from now to the 1st of October,
Furthermore, it is presumable, that, if Secretary Sherman
carries out his present determination of closing all these
accounts Oct. 1, he will have to draw further on the
banks
it
for
would
more
cash
on
or
about
that
date,
for
hardly possible that this vast
operation should be closed up without leaving a veiy
considerable balance in the Treasury for bonds that had
not come in.
Every one can imagine reasons, and many
of them, for delays and long delays in presentation.
Besides, the date when interest>was to stop has already
passed, so that fact has lost much of its influence on
bonds still outstanding.
We thus see, first, a probability that the action of the
appear
THE CHRONICLE
184
[VOL. XXIX.
and October 1 will affect the foreign trade was 16Of millions in value, of which about
In 1850,
loan market by increasing the bank loans; and, second, 89 per cent was carried in American vessels.
this proportion was 72£ per cent; in 1860, 66£; in 1865,
a possibility that near the latter date the Treasury
iialance is likely to increase. These facts certainly point 27J; in 1870, 35in 1878, 26£. The past quarter cen¬
to a continuance of improved rates for money.
There is tury has more than reversed the proportions, thus: 1853,
another influence which may have an effect in the same 69£ American, and 30£ foreign; 1878, 26£ American, and
<lirection later on, and that is the demand for currency 73f foreign. The decrease is absolute as well as pro¬
<xovernment between now
187659.
inclined to think that portional. The value carried in American vessels, in
the inquiry on that account is rather overestimated. 1853, was 346 millions; in 1878, 313 millions; in 1860,
There are no shipments of currency to the West in 507 millions. Thus, not only have foreign vessels taken
progress now. Besides, we do not move the crops as we every dollar of the increase in our foreign trade, but
tormerly moved them. There are national banks in have absorbed a large share of what used to go in
almost every small town and checks and drafts largely American vessels. And that this unfavorable change
take the place of currency. Then again, what we may is still in progress appears from the following brief com¬
send West and South is likely to be more than made parison of entrances and clearances of American and
good by the imports of gold from Europe. The cable foreign vessels respectively, in the foreign trade, during
twelve month ending March 31, 1875-9.
dispatches stating that our 4 per cents and other Govern¬ each
Tear
entered.
cleared.
ment bonds are being gathered up in London for ship¬ ending ,—American.—,,
Foreign.
Foreign.
,—American.—>
to move
the crops.
ment to this side
h$s not got
Still,
we are
instead of specie, are not true.
the bonds- floating on her market where
.they can be gathered up.
-movement
London
of
our
On the other hand, the
railroad and other securities is at
present in the opposite direction.
There is therefore
no doubt about it, Europe will have to send us specie
in very considerable amounts. We have received about
3 millions so far this month, and we have learned of
3 millions more afloat now.
This must tend to make
the market easier later on, when whatever balance the
^Treasury may start the month of October with, will be
helping in the same direction, for from that date this
gradually decreasing, that is returning to
<the banks and adding to their loanable funds.
Does not this review suggest to every mind the im¬
•balance will be
.
portance of an absolute change in our sub-Treasury
^system. Mr. Sherman is certainly not to be blamed for
making
-was
no
money scarce
reason
the last two weeks.
In fact there
for its being scarce except a vicious
Afch. 31.
,
,
.
<
No.
Tons.
11,507
11,105
10,796
10,725
10,031
3,648,277
3,613,439
3,858,778
3,633,942
3,563,182
No.
Tons.
.
,
,
No.
Tons.
18,043 8,574,896 11,738 3,787,670
17,305 8,581,853 11,327 3;735,806
17,687 9,580,773 10,877 3,761,915
20,161 10,616,325 10,955 3,858,732
21,194 12,208,676 10,070 3,632,432
No.
Tons.
18,406 8,690,135
17,500 8,636,669
17,641 9,495,092
20,332 10,668,496
21,192 12,208,512
is, of course, notorious to everybody that this
country is endowed abundantly with materials for ship¬
building; we have forests, and iron, and coal, and can
produce what would be the delight of ultra protection¬
ists, literally “American” ships. The skill is not lack¬
ing, nor is the energy, nor the competitive disposition*
Whatever profit can be made in carrying foreign
freights, Americans are quite willing to make. On the
other hand, it is not distinctly enough understood that
an American line, appealing for custom especially and
mainly as being such, would not get business. It would
be gratifying, of course, to see the national flag carried,
but when people come to seek passenger accommodations
they would look at the vessel itself rather than look up
at the flag.
A sentiment of nationality would not
secure passengers, and merchandise has no sentiment at
all. Other things being equal, American lines might
It
How long will our people submit to see cur¬
rency for Government operations taken out of the
-channels of commerce, perhaps at the very moment secure preference, but other things would have to be
-when it is most wanted, and locked up in a vault where strictly equal. It would be a matter of business, and the
lit is doing nobody any good. Such a contrivance was best managed and most advantageous line would succeed
‘well enough before the war, when a few millions in the competition.
The late war, of course, threw the carrying trade into
•measured the transactions of months; but it is a
source of great evil now.
Besides, it puts the money the hands of Europe. Iron has taken the place of wood;
^market at the will of a Government officer.
We hope the screw propeller has displaced the paddle-wheel; the
that Mr. Sherman, now that he has established specie compound engine, combining high with low pressure, hag
^payments and closed up his funding operations, will confer displaced the old type; the result is that the economical
another benefit on the country by devising a new system and profitable vessel of to-day is an iron steamer combin¬
which will be less burdensome to the people, and put an ing all improvements in the steam engine. The plain
system.
•
•cad to Government influence
on
the money market.
cannot
FREE SHIPS AND NO SHIPS.
have not such vessels now, because we
build them at the same price they can be built
fact is that
we
The
why this is so are of no conse¬
The summary of trade figures for the past fiscal year quence in this examination; to admit and emphasize the
'shows, as our readers have seen, that the domestic fact is enough. Here come in our antiquated navigation
exports were the largest ever known, about 700 mil¬ laws—antiquated in date and more so in substance—and
lions, and this year they promise to be larger still. How prohibit the doing of what might be done. Ho vessels,
much of these vast merchandise exports have gone out say those laws, shall be American vessels and shall carry
Yessels built here and
or are to go out in American vessels, and how our the flag unless duly registered.
owned wholly by citizens of this country; vessels cap¬
American shipping interests are affected by the move
ment, is a subject worth examining, even if we say tured in war by citizens of this country, and lawfully
condemned as prizes; vessels forfeited for a breach of
things which have been said many times before.
In the year ending June 30, 1878, 10,594 American the laws, if owned wholly by American citizens; all such
Vessels, of 3,642,417 tonnage, entered, in the foreign vessels—“ and no others”—(with an unimportant excep trade, and 10,872 cleared, of 3,872,203 tonnage; 20,202 tion) are entitled to registry.
The facts of the case then are, that the question of
foreign vessels entered, of 10,821,387 tonnage, and
The foreign vessels in this trade, cost prohibits the American capitalist from employing
20,492 cleared.
reckoned by numbers, were 66 per cent of the whole; American vessels ; the law takes up the disadvantage of
'by tonnage, 75 per cent. Half a century ago, the total the situation where these facts leave it, and carries it on
elsewhere.
reasons
August
THE
23, 1879.]
185
CHRONICLE
of fire, so that it would be impassable—the logic of that
by prohibiting him from employing foreign-built ones.
resembles the logic of first starving a man into weakness
The theory is that American shipping interests must be
*
restoring his strength by stimulants. W&
hence that Americans must own no ships
have no ships; we cannot profitably build ships at
which are not built here, owned here, and officered here.
But if such ships cannot be profitably built and run, present; the laws do not permit us to buy ships; there¬
holding their own in the competition for the foreign car¬ fore, let us make ship-building profitable by putting a
rying trade, then such provisions are superfluous, for bounty on it. This does not bear the test of common**
sense.
It will be soon enough to talk of artificial aid to
nobody needs to be prohibited from doing what is not
profitable ; on the other hand, if it is unprofitable to private enterprise from the public treasury when the
hindrances which the law now keeps on are removed*
use American ships, the law cannot compel their use.
It does not attempt to do so. The result is precisely For the law now aims to favor the ship-building interests
what was inevitable. With a<c shall not55 of law on one by banning the ship-running interests. But in the first
side, and a “ cannot ” of fact on the other, the result is place, the former is not such a vital one that everything,
else should be placed at its feet and the public treasury
a “ does not;” so Europe continues the carrying, and the
race of American sailors is becoming extinct.
The law be opened to it; next, the two interests are closely inter¬
thus operates exclusively for the benefit of foreigners, to linked, but the law, by weighting one with the other, and*
whom we owe no grudge, but for whom it is not the attempting to enforce their connection, paralyzes both
protected
and then
;
-
object. Has not the country been long
enough under the depression of this senseless dogma of
the severest penal¬ all American ships or no ships ?
business of this country to legislate ; nevertheless, the
law as it now stands is as really in their interest as it
would be if it forbade Americans, on
ties, from having any connection with ocean
The situation is
certainly
one
which
no
navigation.
THE FISHERIES
thoughtful
Not that it is
speaking and as
person can view with indifference.
of much consequence, sentimentally
and misses its
Within the last few
QUESTION.
days facts of
some
importance-
light regardingthe much disputed Fisheries
a matter of pride,
whether Britannia or some other Question. It was known that communications were
nation “ rules the waves”; but it is of consequence made to the British Government by Mr. Evarts, on the
whether, in case of war, this country has a marine or unsatisfactory character of the present arrangement,
the capability of enlarging one, and, beyond this, it is a towards the close of the last session of Congress. What
very material question of dollars and cents.
Here is a were the particular points insisted upon in those com- large business—the carrying of some thousand millions munications did not at the time transpire. It now ap¬
of goods every year, at a profit to somebody; and there pears that Mr. Welsh, our late Ambassador to the Conrt
is no reason why this profit should not be contested as of St. James, on the eve of his leaving London, deposited
well as any other. Then, again, it is both unbusi¬ a demand on the British Government for $103,000 dam*
ness-like and unnatural to compete with England and ages for the Fortune Bay grievance. Of course the
France in the world’s markets, and have no outlet amount thus involved is trivial, but the fact is important
for our goods but foreign bottoms.
In the first because through it the fishery question may be regarded <
place, then, the carrying trade is itself worth as fairly opened.
It is certainly mueh to be regretted that any differ- having, and (what is of even more importance) our
export trade to some countries where its extension ence should continue on this suhject after all that has
It is now some thirteen
is of vast concern to us—for example, to South America been done to set it at rest.
—is very seriously debarred by the absence of direct years since the reciprocity treaty came to an end, and<
lines, our goods losing their advantages by the round¬ nine years since—after much interesting and friendly
about way they must take to get there. It is idle to correspondence, beginning with the fishery difficulties,
have
come
to
capitalist will run vessels because the which were experienced immediately after the termina¬
thing ought to be done, or because it would be to the tion of the treaty of reciprocity—the Treaty of Washadvantage of somebody else; if he cannot see a profit ington was signed. It required seventy-eight sittings
suppose
that
any
for himself he will hold off
what he is
now
until he
can,
and that is
ships would be of
no
foreign-built
help to ship-building here; it would
to
buy and
run
make navigators, create a trade in some quarters which
would demand more accommodation, turn attention to
the
subject, and be of great indirect aid*
it would be of
none
whatever—what then ?
And
suppose
The present
practically stand on the absurd proposition that no
ships at all are better than foreign-built ships; that it
would be worse to let the national flag fly over any¬
thing not exclusively American than to leave the carrying
trade in foreign hands. It is better that the goods go
in foreign bottoms, under a.foreign flag, and on foreign
account, than in foreign bottoms under the American flag
and for American account! A part of a loaf is thus de¬
clared to be worse than no bread; and for the sake of what
laws
cannot be had at
The
present, what could be had is refused.
logic is worthy only of a pouting child who refuses
outright because denied some particular dish
As for the subsidy plan—which is the pet
remedy of all who uphold, the navigation laws and do
not go to the extreme of wishing the ocean were a mass
his supper
he fancies.
of about four hours’ duration, of the
Commission
doing.
Nor is it true that
each
sion
was
Joint High
appointed under that treaty, before a conclu¬
reached.
That conclusion when reached wao
very unsatisfactory and was accepted only under protest*
But since the payment of the award the operation of the
treaty has been even less satisfactory than the award itselfso it stands to-day an open, irritating question.
The so-called Fortune Bay outrage, which occurred
towards the close of last year, has given a sharp char¬
acter to the whole question.
It: is claimed by the*
American Government that the American, fishermen'
were made to suffer loss while acting within the stipula¬
tions of the treaty. It is claimed by the British Gov¬
ernment that the American fishermen, both by the kind
And
they used and by the time they chose for fishings
laws, which justified
interference. After a somewhat exhaustive investiga¬
tion Lord Salisbury refused to interfere* mainly on tho
ground that respect ought to be paid to the local lawf*But Mr. Evarts is not prepared to allow the matter to*
drop. The demand for damages in fact necessitate^
the re-opening of the whole question. We do not xueao
of nets
acted in violation of certain local
that there is any
intention of making any claim for
186
THE
abatement
amount of
of
or
fishermen
our
their treaty
or
on
a reconsideration of the
The companies for ] 878 and 1877
being exactly the
the subsequent ill-treatment same, comparison between those two
years may be made
the continued
non-recognition of
The present claim is solely for a
rights.
specific grievance, and is
to be considered without refer¬
the amount of the Halifax award.
A Washing¬
ence to
ton
[Vol. XXIX,
for
any request
award, based
CHRONICLE
dispatch states that Mr. Welsh was instructed to
base the claim for $103,000
upon the actual loss and
damages sustained by American fishermen in
without
qualification; comparison otherwise than between
those two
shown
of
must
in
not
overlook the fact that the decline
large degree caused by withdrawals
companies from the list, for the purpose of showing
the
was
a
very
general
served
movement of the business would not be
well if we should make all the
figures include
so
only companies at present doing business. Allowance
of the violent invasion of their treaty rights at for the effect of these withdrawals must
particularly be
Fortune Bay, and to obtain some
security against the made when examining the decline in premiums, and in
recurrence of similar offences in the future.
The exist¬ insurance issued and
outstanding ; for instance, the
ing conditions are a constant source of national misun¬ decline in outstanding
insurance, in 1877, was doubled
derstanding, and it is therefore very important that some by the withdrawals, and of the 633 millions of
shrinkage
steps shall be taken by the British Government to do in this respect since the
top-wave year, 1872, about 185
away with the local prohibitory laws of the Canadian millions
belong to the withdrawals.
In 1875, 3
provinces which now practically override and nullify companies expended more than their
receipts; in 1876,
the treaty provisions.
5; in 1877, 6; in 1878, 8. In 1875, 20 companies issued
That a final settlement
may be reached would seem more, and 25 issued less, insurance than
they lost from
to be probable, though it is admitted that there are all
causes; in 1876, 9 gained and 29 lost; in 1877, 4
some difficulties in the
way of having the whole question gained and 30 lost; last year, a
Philadelphia company
reopened. The British Government cannot take action alone did not lose. The issues were
133,095 in number,
without the consent of the Colonies. An amicable and and
$299,276,337 in amount, in 1875; in 1876, 99,036 in
satisfactory settlement, however, is surely not impos¬ number, and $232,665,489 in
amount; in 1877, 81,909 in
sible, and we are encouraged to hope for such a settle¬ number, and
$178,233,617 in amount; last year, 67,040
ment.
The London Times states “ there is no reason in
number, and $156,501,129 in amount. The following
to believe that an international convention on the
sub_ compares the four
years in respect to the mehods of
ject would meet with serious objections, either on the termination, the amounts of insurance
(but not the num¬
part of the Imperial or the Colonial governments, pro¬ ber of
policies)
stated in thousands.
being
vided the question was dealt with in its
1875.
1876.
entirety, and not
1877.
1878.
By—
No. Amount.
No. Amount.,
No. Amount.
N>. Amount.
merely a revision of the recent arbitration at Halifax Death
9,002 $24,988
8,382 $22,702
7,804 $20,426
7,655 $20,890
attempted.” There is a smack of official sentiment Expiry
5,772
7,309
2,959
6,771
4,433
9,456
8,515
18,199
about that utterance, and it seems to indicate the direc¬ Surrender... 29,174 79,774 33,004 84,548 33,681 89,017 25,805 72,489
Lapse
61,055 142,903
49,549 123,652
44,470
conse¬
quence
/
tion in which
a
solution is to be found.
Change
“Not taken”
LIFE
INSURANCE
CONDITION AND
PROS-
looking
the State Insurance volumes lately
received, some interesting changes are to be noted. In
the first place, the number of
companies included in the
report of the Insurance Department for 1878 is the same
as
over
in that for 1877—15
and 19 located
companies located in the State
elsewhere, although one of the 15 has
broken down since the volume was made
up.
maximum number ever in existence in the State
Of the
at one
time, forty-one—some of these, however, having had
scarcely more than a legal existence—two-thirds are
gone; of the remaining 14, 4 started since the war, 1
during the war, and 9 before the war; of the companies
which have disappeared, 27 started since the
war, 5 dur¬
ing, and only 1 before it. The following is a condensed
summary of the past year’s business of all companies
operating in this State, compared with each of the three
previous years.
Premiums
other receipts
Total receipts
Paid claims
Paid dividends
Paid
lapsed and
dered policies
(34 Co's.)
(£4 Co's.)
1878.
1877.
$57,236,334
23,226,665
$62,933,690
23,228,454
$72,056,698
$80,462,999
$86,162,144
$29,153,225
14,637,449
$26,103,286
15,397,369
$96,358,583 $108,645,082
$25,567,849 $27,174,630
16,187,128
17,900,604
(38 Co's.)
1876.
24,301,885
(45 Co's.
1875.
$83,788,511
24,856,571
surren¬
17,095,594
19,152,317
21,354,376
20,414,572
Total to policy-holders...
Paid stockholders
$60,886,268
$60,652,972
$63,109,353
249,349
$65,489,806
856,784
Paid expenses and taxes....
334,410
10,992,050
864,062
13,327,577
13,174,418
14,128,592
$71,878,318
8,584,681
7,658,554
2,889,420
156,501,129
231,291,618
$74,337,323
11,824,821
*10,985,741
477,546
178,825,128
264,876,880
$76,618,181
$79,982,460
28,062,622
15,861,085
1,922,688
Total expenditures
Income over expenditures.
Increase of assets
Increase of surplus....
Insurance issued
Insurance terminated
Insurance outstanding at
end of year
Net decrease of insurance
outstanding during year.
i
*Pt«reasej
19,740,402
4,283,851
814,524
227,921,981
285,295,216
209,276,337
819,372,675
1,490,921,223 1,556.106,323 1,736,996,100 1,793,659,660
75,184,100
!
179,889,687
:
5,937
18,461
21,251
43,144
129,404 $319,372
/
,
.
4,234
13,445
15,900
31,720
111,573 $285,295
.
©8,800
21,033
25,640
4,907
10,751
100,046 $264,376
x
32,090
5,663
7,494
78,936
21,178
19,597
87,222 $231,291
The
PECTS.
Io
Total
x
*.r
67,666,470
22,508,889
figures of surplus above given are “ as regards
policy-holders,” that is, without counting capital stock
as a
liability; hitherto, the Insurance Department, left
without statutory instructions, has followed the
lighter
rule, but the law of last May (already summarized in these
columns) applies hereafter the severer one of count¬
ing stock as a liability. By that rule, three companies
in the State, and one
outside, show an impairment of
capital; a year ago, there was a fourth one, which was
afterwards closed.
We compile the
following table
showing the proportion of the leading items of assets to
the whole assets.
r—New York
Companies,
1875. 1876. 1877. 1878.
7'05
8 03 9*99 11*46
Heal estate
Mortgages
60*38 59 01 53*45 49*77
7*37 9*38 11*65 11*31
8*67 10*65 13*88 16*82
Prem. notes & loans. 5*55 4*29 3*34 2*94
United States bonds
Other securities
Prem. def’d & imp'd
There is
the
an
real estate
2*82
1*74
1*42
1*29
All
Companies.
increase of three and
a
half millions in
holdings of companies of this State,
during the year, and of
and
half millions in that
held by outside companies.
Incase of the New York
companies, there is a decrease from 1877 in the abso¬
lute as well, as the proportionate amount of all the
above-named
seven
a
items, except real estate, “other securities,”
and governments, the increase in the last
being nomi¬
nal ; Other-State companies show increase in real
estate,
“
other securities,” and
the other three.
x
1875. 1876. 1877. 1878.
5 61 7*17 7*98 10 60
54*47 53*48 50*70 44*33
5*70 7*46 9*08 10*39
12*61 13*60 15*73 17*55
12*43 10*16 8 29 7*20
2*16 1*36 1*17 1*03
governments, with a decrease in
The absolute movement of the several
items, daring the four years, follows pretty closely that
indicated by the above ratios. The
slight decline in
deferred and unpaid premiums—-these
being mostly
quarterly and half-yearly by ones not yet due—has no
particular significance ; the decline in premium loans—
August 23,
THE CHRONICLE.
1879. |
c=a?
about two and
half
187
cent, in the favorable for the adoption of the cental system throughout the
New York companies, and about eleven millions, or 33 country, entered into correspondence with other commercial
associations to ascertain whether they would
co-operate with
per cent, in the -- other companies now doing business,
them in a movement to make all transactions in
produce ex¬
during the past four years—marks the steady abandon¬
clusively by weight, after some early date should be agreed
ment of a credit practice which has done vastly more
upon for that purpose. The answers received from the differ
harm than good ; the absolute decline in mortgages is ent boards were so
uniformly favorable, that on the 21st of May
probably ascribable to the dullness of money ; the last the question was submitted to the members of the Ex¬
increase in real estate is of course due to foreclosures. change whether they were willing to adopt the cental system
in all their transactions, and was decided in the affirmative.
It would be interesting to know the comparative amounts
In accordance with this united action, the board of
managers
of interest in default from year to year, but the reports
a
do not furnish data for
millions,
or
30
ascertaining this.
per
Seeking
some
clue in the
figures of the seven largest city companies, we
find that none reports due interest separate from accrued,
and two (one of them the Mutual) do not give the “ in¬
terest due and accrued” on
mortgages separately;
of the other five, one shows an increase and four a
decrease, in the amounts “ due and accrued,” during the
last three years, the net movement being a decline.
But this, although perhaps interesting, is too
vague
a calculation to have much value.
The gradual increase
in the amounts of real estate acquired by foreclosure is
the only fact clearly shown by the returns. But,
having
so many times discussed
this part of the subject, we
need not now show at length why overdue interest and
foreclosures are not necessarily injurious to a life insur¬
ance company.
They may cause loss to it, but this does
not follow of course ; it depends
upon the sagacity of
the appraisal upon which the loan was
originally madeA temporary loss of interest is very
likely to be the first
consequence ; but if loans have been made with ordinary
care it is
likely to be the worst one. The company buys
in at a sacrifice—not infrequently at less than the face
of the debt—and it is the strongest of
holders, able to
wait for better times before selling. Foreclosure sales
at less than
the loan do not
always mean a permanent
disappearance of all the margin on which the loan was
made ; the market will come up again, and thus will give
opportunity for coming out whole. For example, as
showing how it has already rallied, we learn of a piece
of foreclosed property for which one of the largest
companies recently refused an offer that would have
netted a clear profit of $50,000.
As to the future, there is nothing encouraging in the
bare fact that while several companies held their position
as
respects the volume of outstanding business in 1877,
there was only one which did this in 1878. Neverthe¬
less, we do not count even that fact discouraging, quali¬
fied by the other facts, as it fairly must be. The reaction¬
ary movement from the too swift growth of 1860-’72
must again re-act.
The weak companies have dropped
off, and the faults of the system have been in a measure
corrected.
The field for and need of its work
are cer¬
tainly not less than ever; it has proved itself by endur¬
ance, and is in a position, with good management, to
share in the general improvement which has
begun this
year. It may be that the disposition to wait for better
times has lasted already too long with the companies; at
least, it is not necessary to retain it longer now. We
incline to think that 1878 will prove to have been the
year of extreme depression in the business.
THE CENTAL OR NEW HUNDREDWEIGHT.
It is
ers
now some
time since
to the efforts which
we
called the attention of
our
read¬
being made to have the cental
system, already, since January last, in use in England, intro¬
duced into this country. In these efforts the New York Pro¬
duce Exchange, as has been most meet, have taken the
leading
part. As far back as December of last year the board of man¬
agers of the Produce Exchange, believing that the time was
were
have named October 1
the new system.
As
as a
suitable time for the introduction of
mentioned above, this system had its
origin in Eng¬
was the first
great movement in that country to get
rid of the old and inconvenient method in which there was such
we
land.
It
endless
variety of weights and measures. In spite of the
progress which had been made in almost every other
direction, in
spite of the business enterprise which
called for what was simple and easy, all the
irregular¬
ities and inconveniences of hundreds of years
ago had been
allowed to remain. It was felt on all hands, however, that a
change was necessary, and that a new system, marked by uni¬
formity and simplicity, was imperatively called for. During the
course of last year, the British Parliament
passed the “Weights
and Measures Act,” by which it was provided that the
imperial
pound or pound avoirdupois should be the unit of all transac¬
tions by weight in Great Britain, and that it should be left with
the Board of Trade to determine what multiples of the
pound
should be adopted for general use. On the recommendation of
the Board of Trade the Queen, by an order in Council,
approved
of the “Cental or New Hundredweight” as a new denomination
of standard, and directed that the same be a “Board of Trade
Standard.” The act, as we have said, came into operation at
the commencement of the present year. It is to be borne in
mind that the old system has not been
formally abolished
by law in England. It is still competent to conduct business by
the old standard of weights and measures. But the new system,
formerly in use in Liverpool, having obtained the sanction of
law, and having all the advantages of uniformity and simplicity,
is gradually winning its way into favor, and threatens at an
early day to completely supplant the old. It was very natural,
considering the close and intimate business relations which
subsist between this country and Great Britain, that the
change
introduced there should beget a desire for a similar
change
here. And we have little doubt that, although we have not
deemed it necessary to call for any legislative interference, the
experience on this side will be equally encouraging. The
Boston Produce Exchange has already followed the example of
that of New York, and it is confidently expected that the same
action will be taken by at least twenty-one similar organiza¬
an
,
tions.
The
system substitutes weight for measure, and sim¬
plifies the standard of weight. According to the new ar¬
rangement the “ Cental or New Hundred Weight ” will
signify 100 pounds, not 112 pounds as formerly. The
unit of transactions is to be the pound avoirdupois.
The
recommendation of the Produce Exchange to the several
trade committees is “ that after October 1 all their dealings in
“grain, flour, meal, provisions, lard, tallow, butter, cheese,
petroleum, naval stores, oils, hay, salt, seed, dried fruit, live
and dressed stock, and all other articles of produce that are
“or may be dealt in on the Exchange, with freights and
storage thereon, shall be exclusively on the basis of weight*”
that the unit of transactions be the pound avoirdupois, and
that the multiple thereof be the cental or 100 pounds avoirdu¬
pois. Under this arrangement, the old divisions of 56, 28,14,7,
will give place to 50, 20,10 and 5 pounds. On the principles
new
“
“
“
here laid down, after October 1 all business at the Produce
Exchange will be conducted. It will be left to merchants out¬
buy and sell as they may think fit. The same liberty is
left to grocers and small traders generally. Bo far however
as the influence of the Produce Exchange extends, the new
system will be followed. Some little difficulty has been antici¬
pated in the matter of liquids. It is the intention of the mana¬
gers of the Exchange to leave it to a committee of our most
prominent wholesale grocers to determine the weight to be
used for a gallon of vinegar; and the Importers’ and Grocers*
Board of Trade are to determine the weight for molasses and
syrups. The weight for oils has already been fixed at seven
and a half pounds to the gallon. It is intended that the barrel
side to
THE CHRONICLE.
188
[VOL. XXIX
1879.
pounds, and quoted and sold per 100
pounds, or two centals less 18 pounds tare.
finch is the new system, and such is to be its application. It
Is probable that for a time some difficulty may be experienced.
Baek^d.up, however, by the different Boards of Trade throughout the country, and having the approval and encouragement
of the Government, the success of the cental system may be
already regarded as secured.
floar shall be 218
•
.
Circulation, including
bank post bills......
Public deposits
Other deposits
Governm’t securities.
Other securities
Res’ve of notes <fc coin
Coin and bullion in
both departments
Proportion of reserve
to liabilities
..
BATES OF EXCHANGE AT LONDON AND ON LONDON
AT LATEST DATES.
Ox—
Time.
Amsterdam.
Amsterdam.
Short.
3mos.
16,802,193
17,469,385
20,708,228
14,967,178
18,309.896
8,602,963
14,990,554
18,027,819
15,617,896
16,181,455
12,172,803
19,876,523
35,368,023
21,780,048
26,071,558
33,802,178
55-89
2 p. c.
973*
35-98
4 p. c.
9470
445s
2 p. c.
47s. 8d.
61*d.
44s. lOd.
O^d.
O^d.
lOd.
65s. 6d.
6*i6d.
4,453,353
32,262,280
Eng. wheat, av. price.
Mid. Upland cotton...
.
Paris
Paris
121
012*2
12*338 012'378
20-60
20-61
20-61
2061
...
Berlin
Frankfort...
*
Leipzig
8t.Pcfcersb’rg
Copenhagen.
020-65
020-64
020-65
020-65
18-48
Time.
Rate.
Aug.
7 Short.
1203
Aug.
Aug.
7 Short.
ii
7
25-32
Aug.
7 Short.
20-4912
Aug.
5
90 days
3mos.
•Genoa
Hew York...
Alexandria
4650 04670
463*047
52 052*8
Aug.
Aug.
Aug.
Aug.
Aug.
Aug.
Is. 73*d.
la. 73*d.
....
Hong Kong
Shanghai....
25-2913
3
mos.
Bar gold, fine
Bar gold, reflnable
7 3mos.
11600
ii
47-45
3 mos.
60 days
3 mos.
6 mos.
27-90
4-83
7
our own
The adverse American
-
.
.
-
7
7
5
7
7
ii
9630
Is. 8d.
Is. 8d.
correspondent.!
exchange and
Per cent.
2
Bank rate
Open-market rates—
days’ bills
bills
78
a
small shipment of
Open-market rates—
Per cent.
4 months’ bank bills
l1-*®!.^
6 months’ bank bills
1^013*
4 & 6 months’ trade bills. 2 02*2
7s
The rates of interest allowed
Per cent.
l
Lj
showing the present position of the
England, the Bank rate of discount, the price of con¬
sols, the average quotation for English wheat, the price of
Middling Upland cotton, of No. 40 mule twist, fair second quality,
-and the Bankers’ Clearing House Return, compared with the
2€hree previous years:
per oz.
73
8I2®
peroz.
per oz.
76
3^0
76 3X4®
d.
'
standard, nearest 51*2
standard, nearest 517q
per oz.,
*.
Bank
rate.
Pr. ct.
Paris
Brussels
Amsterdam.
Berlin
Hamburg....
Frankfort....
Leipzig
GenoaT
Geneva.
2
213
313
....
....
....
3
3
3
....
....
....
0
0
55^
0
nearest 503s
peroz. 50
0
0
Discount, 3 per cent.
....
....
a
statement
Bank
rate.
Pr. ct.
5
...
Open
market.
Pr. ct.
11301 34
@214
0314
0214
St. Petersburg
Vienna A Trieste.
2»80238
Lisbon A Oporto.
2
New York
Calcutta
2
3
2
02k
3
2140213
4
3
3
Open
market.
Pr. ct.
413
4
4
04*2
0414
4
5
05
06
Madrid, Cadiz A
4
Barcelona
5
•
•
•
31204*3
•
6
'0313 Copenhagen
4
4
04^
04*2
3
principal English railway companies
June 30 have now been declared,
and the results fulfil, in most instances, the worst estimates
which were formed of them. At the same time they should
not be considered, so very unsatisfactory when the depression
of the past six months, owing chiefly to the extremely bad
weather, is borne in mind. One distribution, viz., that of the
Metropolitan District, is very satisfactory and was to a great
extent unexpected.
It may be pointed out, however, that this
company still works at a high percentage as compared with the
Metropolitan, the proportion of working expenses to gross
receipts being last half-year 44*88, as against 34*78, and that in
future it is probable that the expenses will occupy a diminishratio. The Metropolitan dividend has been maintained, and
among the “heavy lines,” the Midland & Great Northern. The
latter, however, is not a good one, as there was a considerable
increase of traffic which has been absorbed by an increase in
the fixed charges and working expenses, the latter being due
to the larger mileage under working.
The London Chatham
& Dover pays an increased Yq per cent upon the 4% per cent
The dividends of the
whose accounts
are
made up to
Arbitration Preference, but in all other cases—except the Great
Eastern, which again passes the dividend—there is a reduction
of from /^@1 M per cent. In some of these cases, notably the
North Eastern and in a lesser degree the North Western, con¬
siderable savings
have been effected, but the majority have
conspicuously failed in this respect.
together with the
amounts brought in carried forward, and also the dividends for
the two previous half-years:
Annexed is
a
list of the dividends declared,
by the joint-stock banks and
.Joint-etock banks
Discount houses at call
do
with 7 and 14 days’ notice of withdrawal
Bank of
standard.
peroz.
^discount houses for deposits are subjoined:
Annexed is
d.
0
77 10^0
73 9 0
following are the current rates of discount at the prin
cipal foreign markets :
follows:
30 and 60
3 months’
per oz.
5 grs. gold.per oz.
s.
standard. 77 9
per oz.
Quicksilver, £5 17s. 6d.
eagles to New York have given some steadiness to the money
market, but beyond this no effect has thus far been produced.
The rates of discount remain the same, the quotation for three
^months' bills being only % per cent per annum, the supply of
money being still very large, while that of bills continues to
decrease. There is no prospect of any improved demand for
money at present, but a better feeling is reported in mercantile
circles, and, in some localities, a larger trade is in progress.
The condition of the iron trade is certainly better, and reports
from Birmingham state that in some factories the operatives
were working full time.
The general trade of the country is,
however, quiet, but there is more disposition to extend busi¬
ness, and this would possibly resolve itself into something
tangible were the weather to become favorable to the erops.
Unfortunately, the weather is still very unsettled, and there
are scarcely any signs of harvest.
In fact, there is much grass
yet to be cut. and bright days being few, very slow progress is
tn^de. It was thought that wheat-cutting would be commenced
About the 10th of August, but it is impossible to say when
the crop will be ready, even in early localities. There is, how¬
ever, no upward movement in the value of wheat, the large
shipments from America keeping the trade in a very quiet con¬
dition. America alone is just now meeting our requirements,
and the probability is that in September and October our
Importations will be upon a very large scale. Our expenditure
for wheat and flour during the coming season will certainly be
large, but prices are far from excessive, which is a very important consideration when taken in connection with the gold
market and the money market. Both are uninfluenced at
present, only a small supply of American eagles having been
sent to New York. The present quotations for money are as
-
per oz.
Bar silver, fine
Bar silver, contain’g
Cake silver
Mexican dollars
Chilian dollars
d.
s.
per oz.
South American doubloons
United States gold coin
German gold coin
•
„
Silver is firmer and has
Spanish doubloons
2513
>
r
lO^d.
82,667,000
principal feature in the gold market has been a demand
shipment to Spain, and a small supply has been
The
London, Saturday, August 9, 1879.
-
lOltd.
85,557,000
The
jFrom
-
46s. 8d.
5^.
,
.
:
p. c.
96^2
silver.
.
Bombay.... 60 days
5S"88
2
slightly improved in value, and Mexican dollars have also
realized higher quotations. The sale of Council drafts passed
off more satisfaf?torily on Wednesday, the price realized being
Is. 7/4d. the rupee.
The following quotations for bullion are
from the circular of Messrs. Pixley & Abell:
018-52
11-8212011-8712 Aug.
Madrid
Cadiz
Lisbon
Clearing-Hoiiseretuml02,473,000 95,288,000
5,440,031
27,992,567
5,276,390
21,640,789
gold
24^0243*
Vienna
Calcutta
Latest
Date.
Rate.
Short.
3 mos.
Hamburg
No. 40 mule twist
3,622,089
19,986,659
taken out of the Bank to meet it.
EXCHANGE ON LONDON.
8.
ii
Antwerp
.
£
29,259,906 29,250.979
for bars for
EXCHANGE AT LONDON—
August
1876.
£
28,481.181
Consols
.
1877.
£
29,990,982
Bank rate
UPtotietarijs ©mmnercial %xiQ\islx |leurs
1878.
£
Balance
Balance
per cent
brought
brought prev. corres’g
per
in.
forward,
annum.
£
£
Metropolitan
South Eastern
London A Brighton
Manchester A Sheffield
Great Eastern
North Eastern
5
3
3
3*
Nil.
5
Metropolitan District
1*4
London Chatham A Dover. 33s
Lancashire A Yorkshire.... 4
London & South Western.. . 4^
I North Staf ordshire
Midland
London A North Western...
Great Northern
I1*
5
5h
4
502
4,400
6,832
5,906
2,095
6,671
34,237
9,000
485
Divs.
Divs.
Dividend
halfyear.
5
8
814
43*
2 3*
5,093
1,670
18,500
Not stated.
1,173
1,124
7
340
35,717
10,500
33,533 Not stated.
2,809 Not stated.
5
4
414
114
Nil.
6
Nil.
•
•
•
*8
3\t
4%
43*
•
6
9,253 Not stated.
16,747
3,300
921
halfyear.
6%
*
-
•
-
•
•
7
5
6
6*3
4
53*
•
•
August
THE CHRONICLE
23,1879.]
following analysis of the
The
half-yearly accounts of the
joint-stock banks of London, issued by Mr. W. Abbott, exhibits
many items of interest.
The dividends compare in some
instances unfavorably with last year, but, on the whole, it is
surprising how well they have been maintained.
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•*
«H
CO
rH
307,904 139,450 275^460 31 , 53 72,506 169,706
n
K
H
Irt
N
rH
N
rH
fl
113
CO
d
m
;
France
Portugal, Azores & Madeira.
Italy
Austrian Territories
Greece
■■
46
i—
The Oriental Bank is
19,159 300
9,883,100
Turkey
Egypt
4,009,400
8,367,000
West Coast of Africa
United States
6,646,000
Foreign West Indies
4,032,600
United States of Colombia
4,913,900
15,873,800
3,204,000
6,270,300
Uruguay
Argentine Republic
7,031,200
ChUi
Peru
China and
2,722,900
35,074,500
Hong Kong
CO
kO
H
^
6
*H
r-c
rH
CH
A
^
e*
©rH
4r
h
Cl
Java
Malta
British North America
British West India Islands <fe
Guiana
British Possessions in South
Africa
British India—
Bombay
^,....
-
Union
City
Lond Central
curtailing the field of its operations,
2,633,900
3,383,000*
Ceylon...
Australia
Other countries
predominating
Other manufactures of
Gold..
Silver
Total
Gold
Silver....! 1
Total
2,257,000
3.436.800
5.387.600
1.931.600
5,056,200
13,072,200
2.988.400
6.349.500
3.350.500
2.988.900
21.463.400
4,384,600*
6.303.600
1.256.900
2,013400*
21,619,300
6,921,300*
884,900
6,087,000
7,319,1
4,895,7<
2,973,200
15,368,200*
3.253.800
4.707.800
3,867,8f ~
993,“
30,8S6,3<
6.615.400
8.151.2001.635.600
2,672,000»
2,245,700-
3.501.900
29,550,700
16.912.400
2.865.400
71,474,800
6.770.300
21,308,700
4,777,700
66,695,900
8.207.2001.173.400
4,480*900
23,056,000
1,624,000
5.326.500
18,924,300
199,795,200
6,036,700
203,787.300
109,412,500
93,390,500
93,043,500
1,056,900
854,300
1,965*500
359,175,200
294,040,000
303,796,300
1878.
1879.
62,316
85,007
861,087
125,146
69,892
1,104,120
142,064
1,093,668
80,154
88,672
79,365
5,180,793
4,372,960
4,334,254
•••
follows:
3,980,000
1,048,000
4.431.800
37,456,600
7,276,000
5,532,300»
4.243.600
5,286,100
3.208.500
imports and exports of
as
4.827.900
cotton show as follows:
£
< all sorts
Hosiery of;
Thread!’or sewing
lbs.
Other manufactures, nnenuniorfttcd.
Total value of cotton manu¬
factures
been
5.944.800
3.377.200
4.328.600
1879.
Yards.
2,354,000
248,705,800
Total unbleached or bleached
Total printed,dyed,or colored
Yards.
4,441,000
2,663,000
90,197,500
11,458,600
2.214.400
5.576.400
27,085,000.
Madras
•
a
v
e
r
g
s
.
&Westmin r. Joint-Sck C&ounty Imperial Southw<esfrcn Conslidate* Aliance
107,807,1002,878,600*
2.853.500
2,445,400
1,852,400
Gibraltar
1P
Tootarls
17,735,900*
24,975,400
4,419,800
6,390,500
Philippine Islands
1877.
«
151,858^00-
5,881,700
4,832,900
.
H
3,74925 1,76 7 3,14639 2,68975 548,075 327,46 206,84 236,70
*
1,014,836
4,156,600*
4.246.400
4.841.300
4.582.400
1.723.200
3,070,600
4.663.400
3,438,300
Japan
Total.....................
CO
*
Lond Lond London
1878.
r
6,336,100
4,323,600
5.628.700
4.992.900
7,416,200
1,162,400
1.766.700
Germany
Holland
The
■
1877.
Yards,
To—
Totdt mixed materials, cotton
*<v
96.788.500
91.327.500
the quantities of cotton manufactured1
piece goods exported iu July, compared with the correspond*
ing period in the two preceding years:
rH
f-\
H
rH
£
W
COHCOOO«»-l
H
6,29702 1,08 0 3,4 023 2,3650
«
JodojTBa
JB puB puBq Uf q»BO
1H
d
954,590
131,064,800
The following were
Straits Settlements
^©©»OCi
.
3.502.900
yards.
Carpets
101,912,160
65.181.100
1,078,144
3,811.878
117,491,427
17.428.100
24,867,200
118,090,800
3,585,400
4.219.700
3.455.700
14,045,200
23,956,300
116,819,900
3,401,000
4,494,600
Bengal
•punj 9AJ0S
-9J PUB
IBJ
•sqcKKpi ‘‘oy ‘juoinuja
-aoo ui sjueoij89Aai
-on
*
©-t>coco»o©co©i>t>
715,896
147,732,800
115,435,941
wool.lb.
lb.
(New Granada)
26,8 75 16,052981 27,51906 19,0724 6,3<87 3,0817 1,73695 3,946 1,50746 3,1829 108,92735
8
3
5
,
9
1
1
,
0
7
3
9
1
8
3
,
4
5
2
,
8
9
0
7
2
5
,
4
8
1
6
9
0
16,820 13,045 18,6539 13i,69475
.2,7485 78,23 6
<N
£
lb.
Brazil
.
©
•SOOnBjdOOOB
sjisodoa
1879.
7,917,965
11,316,127
110,710,837
65,624,277
976,531
3,915,825
Mexico
»
pttB
1878.
8,340,512
1,434,1
1,326,917 2,018,360,]
yards.2,199,484,500
1,340,756 2,061,750,700
tons.
10,621,80011,096,500
lb.
Woolen yarn
Woolen cloths
900 616
H
6
1877.
8,724,062
875,004
128,455,200
lb.
British wool
Colonial and foreign
©
©
80,431 51,683 146,9 8 50, 39 28,387 13,713 17,875 16,70 1 ,631 16,042
8
cwt.
Silk manufactures
^
©
r-t
©
•eoeuodxo
Cotton
*.
Cotton yarn
Cotton piece
Iron and steel
Linen yarn
piece goods
yards.
Jute manufactures—yards.
d
£
cwt.
^oods
4,50 24,6 9 6 4,203
7
,
0
6
2
0
,
6
4
4
3
,
6
3
9
,
3
0
8
1
4
5
,
0
1
4
0
,
9
3
1
0
4
,
7
8
174,82
■g
Cotton
Linen
?oo©i>c*»oc*N©eo
^ooHO^nocimo
^
q,
o © ct ^ © w o
•pjBAUOJ P9JJJB0
opjqoj
jo junouiy
ended 31st
IMPORTS.
EXPORTS.
CO
■*.
O
wo
1879
£30,186,07*
203,287,795*
16,608.62*
105,435,115
Imports in July
£36,150,820
Imports in seven months.... 232,349,223 226,279,668
16,400,857
Exports in July
17,587,301
Exports in seven months.... 112,821,431 111,061,257
The following figures relate to the seven months
July:
g S
d
©
©
CO
00
aunf ‘pjbai
-jo; pa|jj«0
t
r>
t>
©
o
■
1878.
£35,881,814
1877.
*H<
©
months:
seven
03
d
d
*6181
CO
o
jo
^no
j'na^-;i«q
aiqj piBd jo paAja«
ejunoniB
CO
01
810
©
poy
July, and the seven months
ended July 31, were issued yesterday, and they are rather mom
favorable. The following are the totals for the month awf
The Board of Trade returns for
fc-
©
£
f
4*
uoumuuB
;aao
#
in full.
-d
qBjjdBD ppBd
oojy
#
J?
#
rHQ0T*dC0l-0©©t>©
O
d
iO
00
CO
rH
i—l
gone ;o aiq^A
ajuqs
co
$
Anf
relinquish its business at the Cape of Good’
Hope. The Bank of Africa, limited, has been started this week,.
the object of that undertaking being to take over the business
of the Oriental Bank and to liquidate its affairs. There is to be
no payment for good will, and only about £30,000
will be
required to purchase the freehold premises and their contents*.
Tenders were received at the Bank of England on Tuesday
for £1,476,000 in Treasury bills, of which £1,056,000 were in
bills at three months* and £420,000 in bills at six months* date*.
Tenders for the former at £99 15s. lOd. will receive about 90
per cent, and above in full; and those for the latter at £99 4s*
and is about to
79,658
gold and silver during July have
imports.
18791
1877.
1878.
£
£
£
2,249,198
2,280,725
1,013,379
1,221431
627,649
799,428
4,529,923
1,641,028
2,020,55T
1,948,561
1,692,257
1,886,428
951,159
3,640,818
2,837,587
692^68
1,305,153
190
THE
CHRONICLE
[Vol. XXIX,
FOREIGN IMPORTS AT NEW YORK FOR THE WEEK.
Owing to large exports from the United States, the wheat
1876.
1877.
1878.
1879.
exceedingly quiet during the week, with no Dry Goods
$2,137,319
$2,203,425
$2,085,637
$2,592,823
General
mdse...
3,042,276
5,071,892
important movement in prices. The tendency has, however,
4,212,459
4,834,965
been favorable to buyers.
Total week
$5,179,595
$7,275,317
$6,298,096
$7,427,783
Prev. reported.. 185,514,617 203,515,042
175,564,546 189,266,978
During the week ended Aug. 3, the sales of home-grown wheat
in the 150 principal markets of England qlnd
Wales amounted Tot. s’ce Jan. 1. .$190,694,212 $215,790,359 $181,862,612 $196,694,766
In our report of the dry goods trade will be found the
to 18,212 quarters, against 32,750
quarters last year; and it is
imports
of
dry goods for one week later.
estimated that in the whole kingdom they were 73,000
quarters
The following is a statement of the
against 131,000 quarters in 1878. Since harvest the sales in the 150 specie) from the port of New York to exports (exclusive of
foreign ports for the
principal markets have been 2,438,820 quarters, against 1,842,100 week ending Aug. 19:
EXPORTS FROM NEW YORK FOR THE WEEK.
quarters ; while it is computed that they have been in the whole
1876.
1877.
1878.
1879.
kingdom 9,755,250 quarters, against 7,368,470 quarters in the For the week.... $4,519,311 $5,781,979 $0,378,179 $7,032,345
Prev. reported.. 160,089,851 164,833,355
209,933,426 197,785,418
corresponding period of last season. Without reckoning the
Tot. s’ce Jan. 1..$161,609,192 $170,670,331 $216,3 LI,695
supplies furnished ex-granary at the commencement of each
$201,807,763
The following will show the exports of specie from the
season, it is estimated that the following quantities of wheat
port
of New York for the week ending
Aug.
16, 1879, and also a
and flour have been placed
upon the British markets since har¬ comparison of the total since
January 1, 1879 with the corre¬
vest:
sponding totals for several previous years:
1423—Str.
trade has been
1878-9.
Imports of wheat.cwt.45,SGS,964
Imports of flour
8,409,969
Sales
of
produce
home-grown
42,272,610
Total
Deduct
exports
wheat and flour
wheat for the
1875-6.
51,622,733
5,889,448
6,264,713
30,006,900
35,045,000
92,166,838
81,613,599
1,729,570
1,601,996
843,931
902,912
94,822,003
90,561,842
80,769,668
91,654,269
50s. 3d.
53s. lid.
45s. lid.
of
Av’ge price of English
1876-7.
41,282.886
32,587,500
96,551,573
Result
1877-8.
51,904,751
7,674,587
41s. Id.
season.
92,557,181
The
following figures show the imports and exports of cereal
produce into and from the United Kingdom since harvest, viz.,
from the 1st of September to the close of last
week, compared
with the corresponding period in the three
previous seasons :
IMPORTS.
1878-9.
..cwt.45,868,964
_
Wheat
Barley
Oats
Feas
Beans
Indian
Flour
9,724,353
10,962.195
1876-7.
1875-6.
51,904,751
13,423,125
41,232,886
51,622,733
11,623,984
1,760,454
2,667,070
35,383,246
7,674,587
1,535,743
1.606,452
35,917,726
8,409,969
coni......
1877-8.
12,230,433
11,334,371
1,259,297
4,209,860
32,177,814
6,264,713
7,900,877
11,703,492
1,380,303
2,867,560
28,971,079
5,889,448
EXPORTS.
1878-9.
Wheat
cwt.
1,566,373
107,072
95,512
24,903
Barley
Oats
Peas
Beans
Indian
Flour
1877-8.
1,513,444
62,576
111,340
19,929
19,762
238,772
88,552
16,777
corn
476,634
163,197
English market
1876-7.
1875-6.
796,569
50,472
872,589
85,995
356,405
38,582
10,611
48,595
30,323
24,045
22,869
31,540
496,187
47,362
Reports—Per Cable.
The
daily closing quotations in the markets of London and
Liverpool for the past week, as reported by cable, are shown in
the following summary:
London Money and Stock Market.—The bullion in the
Bank
of England has decreased £24,000
during the week.
Sat.
Silver,
Mon.
Tues.
Wed.
Thurs.
Fri.
Aug.16. Aug.18. Aug.19. Aug.20. Aug.21. Aug.22.
d. 51%
511316 51%
51%
51*316 51%
97%6
97i*i6 97**10 97%
97*316 97*516
973s
97H16 971%,. 9734
97*316 97*5i6
per oz
Consols for money
Consols for account
U. 8. 5s of 1881
U. S. 4*28 of 1891
U. S. 4s of 1907
Erie, common stock
Illinois Central
10530
10830
105%
10830
10450
1047s
2 8 *2
28*2
90*2
90
42 *4
Pennsylvania
105*2
108*4
10458
28*4
105*2
108*4
104%
28*4
90
42
1053b
108*8
1045a
2730
90*2
42*8
105*2
Thurs.
Fri.
90
42*4
103*4
104%
27&0
90*2
42*4
PhiladelphiaA Reading. 20*2
20 34
20%
20
20*2
20*2
Liverpool Cotton Market.—See special report on cotton.
Sat.
Flour (ex.
State) $ bbl.. 23
6
8
8
8
Wheat,spr’g,No.2,1001b.
Spring, No. 3...
Winter,West. ,n.
Southern, new
Av. Cal. white..
California club.
“
“
“
Mon.
.9.
d.
23 6
8 8
8 0
8 11
9
1
9 0
9 8
d.
s.
0
8 11
9 1
9 0
9 8
“
“
Com, mix.,'West.$ cent! 4
Liverpool Provisions
9
4
„
Pork,West.mess..$bbl.48
Bacon, long clear, cwt. .26
26
Beef, pr. mess, $ tierce
Lard, prime West. $cwt.31
Cheese, Am. choice “ 30
Mon.
d.
9.
0
48
0
6
26
27
6
31
0
30
Sat.
Mon.
d.
d.
'a)
8
9
..
.
.
@
26
27
26
27
31
30
9
0
31
30
9.
48
Thurs.
d.
0
6
0
Fri.
48
26
27
d.
0
6
0
48
26
27
0
6
0
31
30
6
0
31
30
6
9.
Santo
Ailsa
Tues.
. .
-
Wed.
d.
.
.
-
.
Thurs.
d.
@
ft
0
..
.
.
Fri.
d.
d.
..
G*2©6%
..
..
©6*4
@
..
0
..
..
@
©
Peruv. sil. solos
Fr. silver coin.
Mex. silv. dols.
Havre
Domingo. .Porto.Plata
Port Prince
Republic
14—Str. Gellert
Am.
$275
1,180
8,730
gold coin.
Liverpool
Mex. silv. dols.
London
Paris
Am. silv. bars.
Am. silv. bars.
Mex. silv. dols.
3,000
25,338
50,000
5,500
11,000
Mex. silv.buirii
3,880
Total for the week i$105,903 silver, and $3,000
gold)
$ L08.903
Previously reported ($9,779,709 silver, and $1,939,768 gold). 11,719,477
Tot. since Jan.1,’79 ($9,885,612 silver, and$1,942,76S
gold).$11,828,380
16—Str. Rhein
London
Same time in—
1878
$10,018,347
1877
22,574.970
1876
33,863,702
1875
61,433,145
The imports of
been as follows:
Aug.
Same time in1874
$10,334,654
1873
39,640,397
1872
1871
.
Same time in1870
$44,187,607
1869
24,713,945
1863
6:1,887,110
1867
39,802,171
56.174,631
53,309,334
specie at this port for the
11- Str. Bermuda
Hamilton
11—Str. C. of Vera Cruz..Vera Cruz
13—Str. Amerique
$14,014
Am. silver
Am. gold
6,272
50,036
41,834
19,176
55,391
253,058
11,623
Gold bars
..Liverpool
Colon
periods have
Foreign gold...
Havre
Scythia
same
Foreign silver.
Foreign gold...
Gold bars
Aspinwall
Am. silver
Am.
gold
1,352
Foreign silver.
14—Str. Santiago
Alps
'
Saratoga
1,668
2,697
Gold dust
Silver bars
Gold bars
Am. silver
Am. silver
Trade dols
Am. gold
...Havana
Port-au-Prince
Havana
2,273
320
350
45,303
403
1,200
Foreign gold...
2,433
Foreign gold...
316,500
Am.
gold.
2,000
Am. silver
203
Neckar
Bremen
16—Schr. B. J. Willard...Laguayra
Foreign gold...
245,110
Am. gold
200
Total for the week ($109,929 silver, and $963,487 gold)
$1,073,416
Previously reported ($5,473,655 silver, and $1,004,757 gold). 6,478,412
Tot. since Jan. 1/79 ($5,583,584 silver, and $1,968,244
gold).$7,551,828
Same time in1878
$14,397,201
1877
8,162,614
1876
3,125,780
1875
8,226,655
Canal Tolls
Same time in1874
$3,587,112
1873
2,966,968
1872
2,869,037
1871
7.561,163
Same time in—
1870
$7,522,732
1869
9,835,856
1868
4,956,109
1867
1,743,560
Business.—Mr. Gr. W. Schuyler, the Canal
Auditor, furnishes the following comparative statement, showing
the total quantity (in tons) of each article cleared on the canals
from Aug 8 to Aug. 14, inclusive, 1878 and 1879:
and
Tolls
Total mil as boots
cleared
Articles.
*Fnr and
peltry
Boards& scantling
Shingles
Timber
Staves
Wood
Ashes, pot & pearl
♦Ashes, leached...
♦Pork
*
Cheese
1879.
lard oil
♦Wool
Hides
♦Flour
Wheat
247,809 302,170
Tons.
Tons.
44,996
42,801
Rye
Corn
♦Corn meal
♦Domestic spirits.
♦Oilmeal& cake..
♦Leather
Furniture
♦Bar and pig lead.
201
547
1,888
Bloom & bar iron.
676
Cast’gs & iron w’re
2,013
2
175
1,870
7
3
2
Pig iron
♦Domestic w’lens.
♦Domestic cottons
Domestic salt
Foreign salt
9
10
229
5
98
12,283
868
25,222
40,520
1,174
26,376
5
537
Bran & ship stuffs.
Peas and beans...
706
5
1
3
5
226
47,
160
6
1878.
1879.
Tons.
Tons.
8
68
230
9
6
220
8
11
5
7
1,568
i.,278
136
107
525
979
4,092
828
72
437
335
5,636
120
39
Sugar"
1,016
2,627
♦Coffee
210,
10
532
5
29
177
287
232
270
Molasses
Barley malt
C>ats
♦Hops
1,062
1,742
1,543
i05
-
Articles.
$28,468 $38,606
*Lard, tallow, and
9
(gpmmcrcial amllfoisccllaucoits IXcujs.
Imports
Crescent City—Paita, Peru
12— Str. Pereire
1878.
9.
Wed.
d.
0
6
0
48
9
0
Pet’leum, ref. $gal.6*0^6*4 6*4@63s
..
0
9.
d.
6
8
0
d.
23
23 6
23 6
8
8 9
8 10
8
8 0
8 3
8 11
8 11
8 11
9 1
9
1
9 2
9 0
9 0
9 0
9 8
9 8
9 8
4 8*2
4 8*2
4 8*2
9.
Tues.
d.
0
6
0
London Petroleum Markft.—
Pet’leum, spirits “
9
9
4
Wed.
Market.—
9.
“
8*2
_
Sat.
Short clear
Tucs.
9.
d.
23 6
8
8
8 0
8 11
9 1
116543——SSttrr..
AUg
Nails, spikes, and
horseshoes
Iron and steel—
Railroad iron
1,394
Flint,
enamel,
crock’ry, glassw.
64
184
Stone, lime & clay
2,112
5,799
4,622
6,882
All other mdse....
Gypsum
Anthracite coal...
Bituminous coal..
563
397
22,106
17,334
5,031
Exports for the Week.—The
imports of last Apples
Iron ore
7,352 13,442
compared with those of the preceding week, show *Dried
fruit
104
191 Petr’leum or earth
an increase
in both dry goods and
Cot ton
36
93
103
897
oil, cr’de & ref’d.
general merchandise.
The total imports were $7,427,788,
36
*Unmanuf. tob
Sundries
8,043
5,447
against $5,509,251 the pre¬
3
19
ceding week and $6,804,835 two weeks previous. The exports ♦Clover &
19
Total tons...
gr’s seed
155,010 186,372
for the week ended
6
IIS'
Aug. 19 amounted to $7,082,345, against ♦Flaxseed
$6,979,850 last week and $7,765,809 the pievious week.^- The
Articles marked thus are in the “Free List.”
following are the imports at New York for the week ending
—The attention of parties desiring to buy or sell first-class
(for dry goods) Aug. Hand for the week ending (for general investment securities is called to .the list
advertised in another
merchandise) Aug. 15:
column of this issue.
and
week,
*
*
8.707
August
THE CHRONICLE.
23, 1S79.]
2*ke hauliers' (Saecttc.
No National Banks
gave strength to
about 101@101£.
191
the 4
Interest
Periods.
DIVIDENDS.
Per
Cent.
Company.
When
Books Closed.
Payable.
(Days inclusive.)
Railroads.
-
Bald Eagle Valley
Nortli Pennsylvania (quar.)
Ins
.
On
(lem.
Aug.
27 j
Aug.
ic|
ura nee.
Sterliug Fire
3%
Note.—The Cleveland &
per cent, not 1%, as given.
Tlie
2%
1%
Money
Pittsburg dividend
on p.
and at the close to-day they are
Closing prices at tlie N. Y. Board have
organized during the past week.
The following dividends have recently been announced:
Name of
per cents,
140 should be 1%
FRIDAY, AUGUST 22, 1879-5 P. M.
Market and Financial Situation.—Finan¬
cial circles have been very
6s, 1880
6s, 1880
6s, 1881
6s, 1881
5s, 1881
5s, 1881
4%s, 1891
4%s. 1891
4s, 1907
4 s, 1907
6s, cur’cy,
6s, cur’cy,
6s, cur’cy,
6s, cur’cy,
6s, cur’cy,
reg.
coup.
reg.
coup.
reg.
coup.
reg.
coup.
reg.
coup.
1895..reg.
1896..reg.
1897..reg.
1898..reg.
1899..reg.
J.
J.
J.
J.
<fc J.
& J.
& J.
& J.
Q. -Feb.
Q- -Feb.
Q. -Mar.
-Mar.
Q- -Jan.
-Jan.
& J.
J. & J.
J. & J.
J. & J.
J. & J.
8--
?:
Aug.
Aug.
16.
18.
been
Aug,
19.
as
follows:
Aug.
20.
Aug.
21.
Aug.
22.
*1033* *103%'*103% '103% *103% *103%
*103% *103%!*103% *103% *103% *103%
*104% *10414 *10414 '1043s *104% 104%
*10i%| 1041s 104ie *1043s *104% *104%
102%! 10212*10214 1023s *102% 102%
10212 *10210 IO214 102% *102% 102%
10412*10114 104% *104% 104% 104
*10534} lOoki 105ki 105% 105% 105%
1013s1 101
IOII4 101% 101% 101%
101%' 100% *10114 101% 101% 101
*121% *120% *121
*121
*121% *121
122
1*121
*121% *121% *121% *121%
*12214 *121% *121% 122
*121% *121%
122% *121% *122
“122% *121% *121%
123
1*122
*122% •122% *122
*122
quiet since our last report and at tlie
This is the price bid; no sale was made at the Board.
Exchange much less excitement has prevailed, while a
The range in prices since January 1, 1879, and the amount
material recovery is noted from the lowest prices of last week.
of
each class of bonds
The crop reports from the West and South are, upon the whole,
outstanding Aug. 1, 1879, were as
follows:
quite favorable, and this presents the promise of a large tonnage
for the railroads during the nine months from Sept. 1, 1879, to
Range since Jan, 1,1879.
Amount Aug. 1, 1879.
June 1, 1880, which in connection with the more efficient pooling
Lowest.
Highest.
Registered.
Coupon.
arrangement on the trunk lines, and the general improvement in 6s, 1880-1..
cp. 103% Aug. 14 107% June 23 $201,496,100
$78,240,250
mercantile business, gives a very good prospect of a paying 5s, 1881
cp. 102
Aug. 14 107% Jan. 15 267,101,700 241,338,650
4%s, 1891..cp. 104 Mch. 21 108
21 166,050,350
83,949,650
business for the railroads during the next twelve months.
But 4s, 1907, ...cp. 99 Apr. 1 103% May
May 21 448,589,800 *286,142,950
6s, cur’ncy.reg. 119% Jan.
4 128
it is a fact worthy of notice that the railroads have been
May 31
64,623,512
doing a
This amount does not include $6,058,350 of
large business ever siDce the summer of 1877, and the annual
Refunding Certificates
reports lately issued—such as the Northwest to May 31, 1879, outstanding on Aug. 1.
Closing prices of securities in London for three weeks past and
Texas & Pacific to May 31, 1879, St. Louis & San Francisco to
the range since Jan. 1, 1879, were as follows:
Dec. 31, 1878, and Louisville & Nashville to June 30, 18<9—all
show a moderate decrease in their earnings as compared with the
Aug. Aug. Aug. Range since Jau. 1, 1879.
previous year.
8.
15.
22.
Lowest.
Highest.
Hie imports of gold from abroad have been so considerable in
U. S. 5s of 1881
105% 105% 105%
July 10 109% Jan. 4
the past ten days as to attract a good deal of attention, and as a U. S. 4%s of 1891
109% x03% 108%
Mch. 24 110
May 2
U.
8.
of
4s
1907
105
Mch.
104% 104%'
26 105% May 22
result of this withdrawal in London the cable reports that
State and Railroad Bonds.—There is
large amounts of bonds are made up for shipment to New
very little doing in
York.
More particular reference to these prospective ship¬ State bonds.
Louisiana consols remain inactive end
tolerably
ments of bonds is made in an editorial article on the first
page steady, and it is reported in the State that the recent constitu¬
of this issue.
tional provisions will probably be adopted. There is some dis¬
The money market has worked more easily this week, since cussion as to the
prospect of the Tennessee railroad suits and the
the announcement from Washington that the final settlements
by proposed suit by a State as assignee of one of its citizens against
the banks for the balance of United States 4 per cent bonds, another State on its bonds.
As to the first-named it is not
would be postponed till October 1, the amount yet unpaid for believed that the suits can be
successful, and as to the latter it is
being understood to be about $47,000,000. On call loans the well suggested that the first action should be brought against a
rates have been 4(3)5 per cent on Government bond collateral,
Northern State—Minnesota for example—that' the question of
and 5@7 on stock collaterals.
Prime paper is in demand at 5@6 law may be fairly tried, and no suspicion of political
animosity
per cent.
be mingled with it.
The Bank of England weekly statement on
Railroad bonds have generally been firm on a
Thursday showed
good business.
a decrease of £24,000 in specie, and the
Erie
consolidated bonds are a conspicuous exception, and on
percentage of reserve to
large
liabilities is up to 58 7-10, against 56 15-16 last week.
The sales the bonds have declined about 2 per cent, in consequence of
posted rate of discount remains at 2 per cent.
the lower prices in London.
The last statement ’of the New York City
Messrs. A. H. Muller & Son sold the following securities at
Clearing-House banks,
issued August 16, showed a decrease of $5,343,500 in the excess auctiou:
Shares.
above their 25 per cent legal reserve, the whole of such excess
Shares.
3 Park Fire Insurance Co..109%
48 National Butchers’ and
*20 Rutgers Fire Ins. Co.
being $1,408,550, against $6,752,050 the previous week
Drovers’ Bank
161
105
100 Broadway Ins. Co
126 National City Bank
182
200
The following table shows the changes from the
previous week
40 Pacific Bank
142
23 Twenty-third street Railand a comparison with the two preceding years.
|
way Co
97
Closing
prices
of leading State bonds for two weeks past, and
1879.
Differ’nces fr’m
1878.
1877.
the range since Jan. 1, 1879, have been as follows:
previous week.
Aug. 16.
Aug. 17.
Aug. 18.
*
Stock
*
.
Loans and dis. $274,311,000
19.553,200
Circulation
20,719,500
Net deposits
248,474,600
Specie
..
.
Legal tenders.
43,974,000
Ine.$1,375,000 $235,555,400 $243,896,300
Dee.
70,900
Inc.
37,400
Dec. 4,755,600
Dec. 6,461,500
19,234.300
19,325,600
217,831,700
55,479,400
213,414,600
52.696,000
The
Washington despatches of August 15 gave the capital and
deposits of banks other than national banks, of bankers and of
savings institutions, reported to the Commifsioner of Internal
Revenue during the months of June and July, 1879, for the six
months ended May 31, 1879, also with the tax assessed thereon,
-
as
follows:
Banks and bankers:
Av’ge actual capital. .$195,007,892
Savings banks with¬
out capital stock:
*
394,158,417 Av’ge actual deposits $739,055,640
Av’ge taxable capital. 150,911,152 Average taxable de¬
posits
Deposits
394,155,876
26,299,596
Tax
1,366,667 Tax
65,748
Savings banks with
Total average actual
capital stock:
capital
198,237,593
Av’ge actual capital..
3,229,70i Total deposits
Deposits
35,420,057 Total average taxable 1,168,634,114
2,995,672
Av’ge taxable capital.
capital
153,906,824
Deposits...
21,853,188 Total deposits
442,308,660
Tax
62,122 Total tax
1,494,538
United States Bonds.—The Government bond market has
been somewhat irregular, as the prices below will indicate. The
Deposits
announcement
banks
that the Government
to make final settlements to:
would
States.
13,449.700
15,545,900
not call upon the
their bonds till October 1
Louisiana consols
Missouri 6s, ’89 or ’90
North Carolina 6s, old
Tennessee 6s, old
Virginia 6s, consol
Aug.
Aug.
15.
22.
*37
*103%
*23'
Lowest.
38%
Highest.
36 July 24 69
103% Mch. 5 107%
*23
18
Feb.
8 25%
30% 30
Aug. 20 42
106
*80
do
do
2d series.
District of Columbia 3-65s...
*
Range since Jan. 1, 1879.
7S% June 20
41% Apr. 29
79% Jan.
3
Jan.
6
June 10
June 14
Feb. 13
73% June 20
44
Moh. 28
88% May 23
This is the price bid; no sale was made at the Board.
Railroad and
Miscellaneous
Slocks*—The stock market
in the
early part of the week was sluggish and showed a rather
weak tone, but the past day or two there has been more strength,
and prices of several leading stocks are stronger to-day than since
the
large break in Lake Shore. Northwest common closes at
74f, Lake Shore at 88$-, St. Paul at 65f, and Delaware & Lacka¬
wanna at 58.
The notably weak stocks to day were Erie (now
the New York Lake Erie & Western) and St. Louis & San Fran¬
cisco first preferred, the first named declining in sympathy with
the London price, and the latter running down on fre 3 sales to 38
and recovering to 41 at the close.
Upon the whole, there is a
stronger tone iu the market; and the course of Lake Shore and
the grangers represents the prevailing sentiment.
Total sales of the week in leiding stocks were as follows.
jLl-4
refill "-—-I.
.
THE CHRONICLE.
192
1,484
Aug. 16
“
5,210
2,000
1,778
18
«
19
44
20
21
22
44
«
North¬ Del. L. Central
& West. of N. J.
west.
St.
Paul.
West’rn
Uu. Tel.
950
3,300
32,625
28,795
45,149
39,775
38,575
30,209
37.375
19,500
21,507
36,900
24,500
42.375
4,000
4,950
3,180
6,660
13,400
12,700
2.090
6,550
8,800
13,100
5,350
22,950
22,450
26,520
30,354
26,174
6,700
6,460
3.550
20,150
17,610
21,310
21,825
42,350
:
Total.
14,722 177,785 219,500 108,120 27,670 43,700 169,673
Whole stock. 410,500 154,042 149,886 524.000 175,400 771,077 494.665
..
last line for the purpose
The daily highest and
of comparison.
lowest nrices have been as follows:
19
Canada South. 59
Cent, of N. J.. 50
50%
93
Chic. & Alton. 91
♦....
120
Chic. Bur. A Q.
Chic.M.A St.P. 64 % 66
95%
do
pref. 95
Chic. AN. W.. 74H 76*|
51* 52*
64* 65*
95*
73* 75
97* 98
138* 138*
*153
27
87
19*
20*
42*
P
82%|
16
18*
91* 92
91
118
119
119*
16*
45
16f
45* 45
16
16
16*
58
59
?6*
49
49
19* 19*
41* 42
17
27!
Ifi ff*
1st prf.
Sntro Tunnel.
Union Pacific..
Wabash
34
34
37
37
West. Un. Tel.
91*
92
81
15*
91*
92
l8*
119
153
28*38*
55
55]
39!
4*
4*
4!
76* 78
4*
4!
77* 771
36* 36*
91* 92*
76
36*
90*
the prices
44;
16
16*
m %
37^
92
119
44*
15*
160
in prices for 1878 and
since Jan. 1,1879, were as follows:
Prices since Jan.
Sales of
Week.
Shares.
Lowest.
DubuqueA S.City.2d wkAug.
600
27,670
Chicago A Alton
Chic. Burl.A Quincy.
715
955
45* Jan.
33* Jan.
75
Mch.
lllis Jan.
34 % Jan.
74% Jan.
Chic. Mil. A St. F
177,785
do
do pref.
5,645
Chicago A North w... 219,500 49*3 Jan.
do
do
15,432 76* Jan.
pref.
Jan.
879 119
Chic. Rock Isl.A Pac.
21
Chic. St. P.A Minn.*.
2,150
May
Clev. Col. Cin. A Iud.
1,537 34% Jan.
650
5
Jan.
Col. Chic. A In4- Cent
Jan.
Del. A Hudson Canal
4,500 38
43
Jan.
Del. Lack. A Western 108,120
Erie
2118 Jan.
43,700
do pref
37* Jan.
6,000
5,420
13% Jan.
Hannibal A St. Jo
...
Range for
1,1879.
1878.
Low.
Highest.
...
do
do pref.
Illinois Central
Kansas Paciflo...—
Lake Shore
Losisville A Nasliv..
Michigan Central....
Missouri Kan. A Tex.
Morris A Essex
N. Y. Cent. A Hud.R.
Northern Pacific t...
do
prof.t
Ohio A Mississippi...
Pacific Mail
Panama
St. L. I. Mt. A South.
8t. L. K. C. A North.
do
pref.
St. L. A 8. Francisco.
do
34
Jan.
79% Mch.
5,950
High.
9% Jan.
169,673
7,674
9,450
4,025
2,454
2,891
1,010
do
Sutro Tunnel
Union Pacific
Wabash
Western Union Tel..
747
7,395
24,885
28
3,658
3,975
12,677
11,630
27,783
18,613
7,815
8,956
13,050
14,722
*
Range here given is from May 5.
The latest railroad earnings and
dates
are
given below.
8 141* Aug.
5 44
Aug.
2 55
May
2
2
4
2
4
10
26
21
6
13
2
4
3
15
31
9
19
6
6
12
12
7
2
21
6
38
45*
13* 45%
66% 85
99% 114%
27* 54*
64
84%
32* 55%
59% 79*
98% 122
23
2*
34%
33%
6%
9%
51%
62%
29%
2
July 31
May
5
758
54
May
5
21*
38
23% May 23
45* May 23
10
215s
16*
415a
Aug.
June
41
59*
61*
22*
Aug. 7 72% 87
4
125a
Apr. 30
67
Jan.
Aug. 12 55* 715a
35
39
35
Feb.
70* May 12
73% Jan.
90% Jan. 27 58* 75
2
5% Jan.
7*
18% May 15
94
75% Jan.
Aug. 6 67% 89
112
Mch. 24 121% June 14 103% 115
16
Auer.
9
17% Aug. 1
44* Aug. 22 48* July 31
4 17
7% Jan.
6% ii%
July 24
10% Jan. 13 18% June 6 12* 23*
2 160
123
Jan.
131
Aug. 4 112
2 30* May 23
5
13
Jan.
15%
2 22* Aug. 12
7
Jan.
3*
7%
2 58* Aug. 6
19
25* Jan.
26*
8 13% Aug. 22
3* Jan.
1*
4*
1*
5%
4* Jan. 21 18% Aug. 21
9% Jan. 23 44* Aug. 22
5* 11%
5
2% Jan. 16
3*
4* Mch. 17
31 81
Feb. 19 61% 73
57^3
17% Mch. 13 40
Aug. 2 12* 23*
88% Aug. 4 116 June 11 75% 102
700
526
pref.
1st pref.
3
63* Mch.
2 55
July
3 95
Aug.
7 122% Feb.
4 70
Aug.
4 97* Aug.
3
805s Aug.
3 99* Aug.
4
91
60
93
the totals from Jan. 1 to lates
The statement includes the gross earncan
be obtained.
St.L.A.AT.H.(brs)2d wkAug.
St.L. Iron Mt. A S.2d wk Aug.
St. L. K. C. A No
2d wk Aug.
St. L. A Sail Fran. 2d wk Aug.
..
St.L.AS.E.—St.L..lst wk Aug
St. Paul A S. City.June
under the heading “Jan. 1 to latest date” furnish the
tfcOBS earnings from Jan. 1 to, and including, the period menturned in the second column.
Latest earnings
or
Mo.
reported.—, /-Jan. 1 to latest date.—
1879.
$23,263
Atch-Top. A S. F.lst wkAug 114.000
Ala. Gt.Southern.June
1878.
1879.
$20,950
95,562 3,342,474
1878.
1,933,698
AtL A Gt. West.. .June
300,540
Atlantic Miss. AO. June
102,247
Bur. C. Rap. AN.. 2d wkAug.
24.276
Burl.AMo.R.in N. June
140,736
Cairo A St. Louis.. 1st wkAug
6,595
Central Pacific...July
1,442,000
Ches. A Ohio
July
173,383
5,671
1,533,702 9,231,320 9,367,807
986,191 1,044,678
140,262
149,062
Chicago A Alton. 2d wkAug.
Chic. Burl. AQ...June
1,160,968
Chic. Mil. A 8t. P.2d wkAug. 162,000
309,136
120,094
21,699
90,590
862,686
136,503
61,6
928.743
735,081
133,187
$87,721
244,013
194,391
5,215,013
2,816,433
1,061,779
1,030,123
3,029,318
906,238
700,383
1,739,159
1,592,389
1,031,610
934,676
580,486
24,466
146,038
83,671
5,072,634
2,569,061
48.003
1,005,950
128,570
455,728
112,302
22,877
93,476
58,866
95,676
112,703
1,202,674
2,962,021
1,172,961
11,411
91,232
40,000
16,474
26,800
778,971
802,342
2,365,235
1,630,635
956,073
971,476
6,434,373 5,872,678
185,206
162,382
119,276;
91,885
1,354.085 1,261,652
6,694,667 5,670,424
76.841
301,715
279,417
2,467,024
1,801,493
2,343,649
1,887,735
?
15,339
302,153
173,811
159,738
265,328
285,113
145,491
179,713
373,983
724,489
768,329
2,599,855
2,808,762
46,734
28,176
54,572
29,954
53,624
32.842
937,972
124,284
and second weeks of Aug., 1879*
Exchange.-Foreign exchange has been decidedly weak oa
large importations of gold and the prospective arrivals yet t*
come.
To-day, sterling bills were sold on the basis of 4;81J@
4.81| for bankers’ sixty-day, and at 4.83i@4.83± for demand.
In domestic bills the following were the rates of exchange
on New
York at the undermentioned cities to-day : Savan¬
nah—buying -J-, selling
Charleston—easy, 8-16 selling ; J
premium buying.
New Orleans—commercial, ^@3-16 premium;
bank, ^ premium. St. Louis, 1-10 discount. Chicago—quiet;
1-10 discount buying; 1-10 premium selling.
Boston, 30 cents
per $1,000 premium.
The quotations for foreign exchange are as follows :
Demand.
August 22.
60 days.
Prime bankers’ sterling bills on London,
Good bankers’ and prime commercial...
Good commercial
4.81*34.82*
4.81%®4.81*
4.80*®4.8l*
4.7933 ® 4.8032
5.2558®5.231e
Documentary commercial
Paris (francs)
Antwerp (francs)
Swiss (francs)
The
4.833394.841*
4.8334®4.83 3*
4.82*®4.83
4.81*®4.82*:
5.23% 95.205*
5.23%95.2©5a
5.23%® 5.20%
4038® 4034
9434® 94%
9434® 943*
9434® 043*
9414® 94%
5.26*®5.25
®5.23*
39*® 40
5.25
(guilders)
94
94
94
94
93 %®
93 %®
Hamburg (reichmarks)
Frankfort (reiclimarks)
Bremen (reichmarks)
Berlin (reichmarks)
93%®
933*®
following are quotations in gold for various coins:
—
99%
99%
—
95
-
Sovereigns
Napoleons
X X Reichmarks.
X Guilders
$4 82 ®$4 86
3 82 ® 3 86
4 72
3 93
4
4
915
915
®
®
78
00
70
60
Span’h Doubloons. 15 50
Mex. Doubloons.. 15 45
Fine silver bars
1 123s9 1 13
..
par.'S>%prem.
Fine gold bars....
Boston Bank*.—The
banks for
a
April
“
23..
“
30..
July
“
“
“
7..
14..
81..
28..
Aug. 4..
11..
18..
“
141.623.700
141,308,300
140.442.800
140,033,100
139.001,100
138.300.400
137.469.400
134,192,000
138.226.500
132,953,200
130,296,000
190.331.800
129,489,©00
129.973.500
130.510.500
190,963,000
130.583.800
134.824.800
129.931.700
128.606.500
127.896.500
128,035,500
129,133,000
130,578,100
Other than
Silver 34s and *a
Five francs
Mexican dollars.
English silver
Trade dollars..
New silver dollars
L. Tenders.
3.664.500
3.649.900
3.630.800
8,644,000
3.646.200
3.684.300
3.655.800
3,027,700
3.600.100
3.583.200
3.556.100
3.577.700
8.563.400
3.948.500
3.559.400
3.567.700
3.547.400
3.585.200
3.620.400
3.590.900
3,572,600
8.567.500
3.561.200
3.496.300
4.650.500
4.750.300
4,713,600
4,594,000
4.294.700
3.805.800
3.483.700
3.827.800
Loans.
April 7
3,863,000
4.194.300
3.589.200
3.165.800
3.886.700
4.168.200
4.165.500
4,118,400
4.433.500
4.717.100
5.433.900
5.390.800
5.386.300
5.354.200
5.643.900
5.159.100
07,028,300
65.677.100
64,050,100
63.435.100
64.221,500
63,371,000
62,998,000
60,252,400
60,023,000
*42,865,800
*44,103,900
*44,101,200
*43,895,000
*44,391,200
♦43,907,000
*43,606,400
*44,795,300
♦45,382,100
*45,858,600
*47,067,900
♦46,772,700
♦46,838,500
♦46,854,900
*45,803,800
58,268,234
Lawful Money.
Deposits.
15,939,655
46,028,638
40,330,572
45,763,408
45£56,302
50,904,059
15.850.150
15,360,266
14,890,908
13,701,733
60,122,582
14,360,637
47,044.599
14,948,989
15,353,558
16,138,078
15,919,569
15.938.439
15,790.707
15,883,014
15,311,615
15,790,181
16.205.151
47,626,868
47,786,056
49,143,430
49,633,284
38,486,555
58,500,715
59,006,342
14
21
28
60,554,971
60,548,117
14,022,748
14,510,885
§
60,174,972
“
June
2
9
“
10
“
23
“
30
01,429,856
“
May
“
“
“ 7
July
6,417,791
“
8,268,124
5,135,764
8,221,476
613,043
519.484
220,249
212,683
“
12
19..
28....:
7
14
21
28
Aug. 4
“
18
9934®
9932®
92
9
—
873*9 — 88
4 75 9 4 80
—
—
—
—
9—70
— 99*
68
99
9
99 %®
par.
25,6^3,100
48,733,821
45,739,465
25,562,000
46,907,569
25.445.500
25.438.200
£5,827,800
26,014,200
20:815,000
26.280.200
26,299,000
26,228,800
20,218,400
26.369.200
26.437.800
26,569,000
26,704,100
26,075,100
26.578.300
26,640,000
26.915.300
26,538,700
26.572.500
26.635.200
26,700,000
26.749.800
39,857,020
44,676,942
47,207,392
•
51,986,077
47,978,840
50,505,511
50,552317
48,456,247
46,510,810
44,038.22951,329,031
49,413370
45,176,053
47,775,068
51,788,637
47,866,112
49,241,607
43,383.417
43,253,354
48,813,373
48,193,104
Government and hanks, less Clearing House checks.
follows:
Mar. 10
“
17
“
24.
“
31
—
—
Deposits. Circulation. AggjClear.
$
PhUadelphla Banks.—The totals of the
are as
...
Prus. silv. thalers
—
following are the totals of the Boston
Specie.
$
Mar. 10..
“
17..
“
24..
81..
7..
14..
21..
28..
May 5..
12..
“
19.
“
26..
June 2..
“
9..
“
16..
Dimes A * dimes
series of weeks past:
Loans.
2,716,373
5,126,000
$90,003
480,509
the
157,351 2,992,868
897,090 6,510,239
116,834
1,309,984 1,166,270
Chic. St. P. A Min.2d wk Aug.
15,849
14,823
Clev. Mt. V. A D.. 1st wk Aug
L^,227
6,728
Chic.ANorthwestJuly
715,486
808,966
13,913
10,210
101,300
56,739
Falling off in earnings during first
freight cars.
1878.
1879.
-
85,058
<■*
Scioto Valley
July
28,776
Sioux City A St.P. June
28,569
1
Southern Minn...Juue
52,791
-Tol.PeoriaAWar 2d wk Aug.
23,132
Union Paoifio.... July
1,068,049
Wabash
2d wkAug, 110,678
The
ecuiipns
Week
1878
$19,039
5,838
Pad.AElixabetht.lst wkAug
5,599
3,749
Pad. A Memphis.. 1st wkAug
2,984
219,024
Phila. A Erie
June
211,545
Phila. A Reading. June
1,343,014 1,498,658
*
t Range from July 30.
iras of all railroads from which returns
1879.
$18,261
15,031
Gal.Har. AS. An.June
91,482
Gal. Houst. A H. .July
27,085
Grand Trunk. Wk.end. Aug. 9 160,912
Gr’t Western. Wk.end. Aug.15
78,227
Hannibal A St.Jo. 2d wkAug.
29,608
163,798
Houst. A Tex. C..June
Illinois Cen.(Hl.).. July
453,159
do
(Iowa).. July
102,945
Tnt. A Gt. North.. 1st wkAug
23,974
Kansas Pacific.... 4th wk J’ly 117,363
Mo. Kans. A Tex.. 2d wkAug.
65,600
Mobile A Ohio.... July
110,674
Nashv.Ch. A St. L. July
133,590
N.Y.L. Erie A W. .May
1,350,274
Amsterdam
Canada Southern....
Central of N. J
earnings reported.—, r-Jan. 1 to latest date.-
Mo.
Dakota Southern.May
bid aud asked; no sale was made at the Board.
Total sales this week, and the range
or
is ascribed to a lack of
45
16>
16* 17*
li
15
pref.
47* 48
Week
*
53
?8j
15*
pref.
St.L. A S.Fran.
are
50
8
85
21
These
*8
57* 57*
57!
21*
w
49
42
StX Al.M.assn
Bt. L. K.C. A N.
do
do
51
8*
8*
47* 47*
57* 58*
26* 27*
Bel. Atf.Canal
Bel.Lack.& W.
Brie
do pref
Han. A St. Jo..
do
pref.
do
iSSiSg
^ 51
41
40
51
Panama
87
114*
95
Chic. R. I. & P.
Chic. St.P.&M.
Clev. C. C. A I
Col.Chic.A I.C.
Illinois Cent... 87%
Kansas Pacific 57
Lake Shore.... 84%
Louisv.A Nash 53
Mich. Central.. 82%
Mo. Kans. A T. 16
Mor. A Essex.. 91
N.Y.C.AH. R. 118
Northern Pac. 10%
do
pref. 45
15*
Ohio A Miss..
Pacific Mail....
16*
Fridaj
Aug. 2
87
k....
93
pref.
do
Thursd’y,
Aug. 81.
Wednes.,
Aug. 20.
Saturday,
Aug 16.
-Latest
Lake
Shore.
Erie.
| VOL. XXIX.
50,914,320
60,160,886
60,915,891
45,111,747
40,552,535
47,238,852
02,171,993
61,974,527
61,413,440
61,932,961
10,533,493
10.307.440
17,405,816
17,306,803
17.590,102
49,941,608
50 363,092
50.721,250
49,713.483
50,309,722
51,378,936
51,811,642
51,512,347
51,901.368
52.980,548
52,719,432
62 688,249
17,011,700
52,015,168
61,917,078
02,036,882
01,810,186
61,740,307
62,221,496
Philadelphia banka
Circulation. Agg. Clear.
t
11,347,050
11,355,472
11,361,550
11,422,038
11,520,122
11,509,940
11,516,236
11,508,643
11,498,821
.11,492,197
11,470,011
11,465,857
11,449.130
11,431,493
11,424.901
11,397,218
11.383.105
11,398,806
11,406,680
11,423,816
11,415,745
11,406,477
11,437,610
11.438.106
90,^1,591
29,506,598
31,233,068
29,045.441
38.068,745
80,501,240
38,407,056
34,295,148
37,042,886
40,010,138
38,955,672
39,353,702
31,805,486
46,780,676
38,804,535
37,579,238
34,442,141
37,789,094
34,090,465
37,197,358
34,940,697
35,745,324
35,792,049
32,011,856
l:
New
for the week
16, 1879 :
condition of the Associated Binfes of New York City
ending at the commencement of business on August
Average amount of
Capital. Loans and
discounts.
$
New York.......
Manhattan Co..
Merchants
Mechanics’
Union
America
Phoenix
City..............
Tradesmen’s....
Fulton
Chemical
Merch’nts’ Exch.
Gallatin Nation’l
Butchers’ADrov.
Mechanics’ A Tr.
Greenwich
Leather Man’f’rs
Seventh Ward...
State of N. York.
American Exch..
Commerce
Broadway
Mercantile
Pacific...
Republic
Chatham
People’s
North America..
Hanover
7,026,700
2.609.700
881,600
2,088.0u0
13,756,000
14,*72,400
300,000
800,000
5,000,000
5,000,000
1,000,000
5.229.400
Metropolitan....
Citizens’
8,000,000
Nassau
1,000,000
Market
St. Nicholas
Shoe A Leather..
Corn'Exchange..
Continental
500,000
Park
Jriech. Bkg. Ass’n
Giocers’
Ncrth River
East River
Manuf’rs A Mer..
Fourth National.
Central Nat
Second Nation’l.
Ninth National..
First National..
Third National..
N. Y. Nat. Exch..
1,500,000
2,000,000
240,000
250,000
100,000
3,200,000
Bowery National
N. York County..
1,097,300
1,086,300
200,000
2.024.800
2,096,000
750,000
Germ’n Americ’n
Chase National.
300,000
374.700
241,000
908.600
506.800
2,686,000
333.900
626.300
133.400
300,000
106.800
18,200,900
9.421,000
2,422,000
4,063,000
10,966,000
7.429.900
1,198.000
300,000
250,000
53.600
83,000
22.900
199.900
21.500
25,200
305,000
76,800
5,500
585.700
1,006,000
2.314.200
655.800
1,000,000
331.900
691.600
1.325.200
376.200
17,921,600
18.503.300
686,300
658,000
289,600
750,000
132.200
103,000
6.700
1,172,000
586,900
300,000
474,000
62.800
23,300
28.600
500,000
500,000
74.600
201,100
2.380.500
225.000
2,000,000
368.800
530.300
322.800
127.900
222,000
175.500
447.400
151.800
399.400
857,000
1,755,500
509.100
852.600
12.500
3.466.800
4,866,120
1.434.700
1,000,000
The deviations from
returns
47.600
5,800
34.900
85.600
2.700
1.122.200
450,000
182,000
365,000
211.400
925,000
Specie
Legal tenders
Dec.
Dec.
The following are the totals for a
5...
12...
19...
26...
8...
10...
17...
24...
May 31...
June 7...
June 14...
June 21...
June 28...
July 5...
July 12...
July 19...
July 26...
Aug. 2...
Aug9.Aug. 16...
Loans.
Specie.
$
235,974,100
$
20.911.500
L. Tenders.
$
39,600,000
234,250,00
20.996.200 41,832,000
230,682,000 18.962.400 45,055,400
17,344,600 49.965.800
17.431.700 53,509,000
238.241.400 18.633.300 54,048,800
242.280.200 17.849.300 51.135.400
244.186.500 18,059,500 48.334.800
244,007,000 17.931.300 45,377,000
240,716,900 16.456.500 42.651.800
247,074,200 16.945.200 40.593.800
240.324.500 17.312.400 39.173.400
36,972,600
<0^0,CHW.OVAf
18.803.700
iw
243,839,800 JO.OW.
240,458,500 18,440,800 34,268,900
235,836,000 18,365,000 31.815.800
230.442.900 18.903.900 36.145.400
231,151,300 18.875.600 40,072,100
231,096,900 18,228,100 45.224.500
239.357.800 18.510.200 49.440.500
242.941.600 18.745.600 53,570,700
253.838.500 18.763.900 49.150.900
257.636.500 18.802.400 43.284.900
257.272.800 18.785.400 41.791.400
258,332,700 18,096,700 42.822.800
256,291,000 18.780.900 44.851.900
255.901.600 10.296.900 43.859.400
253.575.500 19.666.400 46,902,000
257,082,500 19.889.600 49#544,600
262.951.900 19,971,500 51.301.900
262.719.800 20,011,700 50508.900
260,582,000 19.927.600 5*288,100
267,280,100 19.652.400 57,055,tOO
272,936,000 19,624.100 50.435.500
274,311,000 19.553.200 43,974,000
233.108.400
234.416.200
Bid. Ask.
528.200
243.200
198,000
2.700
471.300
34,500
105.300
774,100
1.279.400
2.306.600
358.000
19,431,900
16,816,300
1,095,700
527.600
309,500
1,404,000
267,000
559,000
45,000
798.600
268.600
225,000
180,000
1,027,200
1,205,000
1.672.800
240,366
2.292.400
478,100
Dec. $4,755,600
Inc..
37,400
203.625.600
208.209.700
20,077,000
19,576,700
4*1,244,872
206,173,000
206.482.200
211.590.600
214.981.200
219.219.200
219,387,300
217.271.200
210,382,000
213.429.700
213,293,100
210,563,800
49,848,800
9,785,000
411,508,790
do
5s,gold...
Chicago sewerage 7s
Municipal 7s
■Portland 6s
Atch. A Tcpeka 1st m. 7s..... 114*
do
land grant 7s 113
do
2d 7s
do
land Inc. 8s.. 108*
Boston * Albany 7s
121*
do
6s
^Boston A Lewell 7s
106
Boston A Lowell 6s
Boston A Maine 7a
Boston A Providence 7*
Burl. A Mo., land grant 7s.... 115
Neb. 6s
do
107*
do
Neb. 8s, 1883
-Conn. A Passumpslc, 7d, 189?.
Eastern, Mass.,8*8, new. ...
aitchbnrg RR., 6e
•
••
114
City Top. A WM 7s, 1st
7s. Inc
.
lit*
'liS*
122
198,045,000 19,512,100 399,872,657
193.121.700
195.303.700
200,255,000
204.514.200
214.331.700
224.937.200
230.424.700
227.345.600
225,754,000
226.903.300
227.316.700
226,177,000
226.113.600
236.007,300
241,328,800
240.154.300
243,383,000
254.770.700
253.230.200
248.474.600
19.635.500
19.696.100
19.721.200
19.707.600
10,083,100
19,088,000
19.685.400
19.850.600
19.869.400
19.977.800
20,056,800
461,180,657
423,259,559
487,843,450
503,108,030
540,798,625
591,290,770
598.236.201
529,906,936
439,750,395
472,828,088
450,084,041
456,961,901
432,735,690
432.526,468
891,835,789
481,091,657
494,794,747
491.715.201
560,036,583
20.150.200
20,371,300
20.542.900
20.509.900
20.531.600
20.549.500
20.594.800
20.682.100
20.719.500 605,012,052
OTHER CITIES.
Bid. Ask.
~33* ~33*
98
.
...
Colony, 7s
103* 103*
98
118
do
6s
109* 110
Omaha A B. Western, 8s ....
Pueblo A Ark. Valley, 7s..... i05* 103
90
Rutland 8s,1st mort,..:
Vermont A Canada, new 8s..
Vermont A Mass. HR., 6a
PHILADELPHIA.
8TA.TK AND CITY BONDS.
Penna. 5s, g’d, int.,reg. or cp
do
5s, cur.,reg
do
5s, new, reg., 1892-1902
do
6s, 10-15, reg., 1^77-’82
do
6s, 15-25. reg., 1882-*92.
do
6s, In. Plane, reg.,1879
100*
1C6*
112
101
107
Philadelphia, 5s reg
Atchlfon A Topeka
AtchPoa A Nebraska
Boston A Albany.
Boston A Lowel*
Boston A Maine.
Boston A Providence
Burlington A Mo. In Neb. ..x
preferred
jChlc. Clinton Dub. A Min....
107* Cln. Sandusky A Clev
105
50*
136*
75*
117
118
28
117*
115
30
47
7*
Concord .......................
.....' 2.39
Connecticut River
43
Conn. A Passumpslc
16
Eastern (Mass.)
Eastern (New Hampshire)...
Fitchburg.
•!*, U7
HAn.CnjTqp. A Western... I
51
80
140
43*
16*
117*
Texas A Pac. 1st m ,6s, g.,1905
do
cons m.,6s,g.,1903
do
lnc.Al. gr ,7s 1915
Union A Tltusv. 1st m. 7s. *90.
United N. J. cons. m. 6s,’94..
Warren A F. 1st m. 7s, ’98
West Chester cons. 7s, ’91
West Jersey 6s, deb., coup.,*83
do
1st m. 6s, cp., ’96.
lstm. 7s. ’99......
do
Western Penn. RR. w,cp.’.899
do
6s P.B.,’96.
6s, old, reg....
6s,n., rg., prior to ’95
120*
6s, n., rg.,1395 A over 120
CANAL BONDS.
Allegheny County 5», coup...
Chesap. A Dela. 1st 6s, rg./86
Allegheny City 7s, reg.
Delaware Division 6s, cp.,^8.
Pittsburg 4s, coup., 1913.....
Lehigh Naviga. m.,6*, reg.,’84
do
5s, reg. A cp.,1913. 90
do
mort. RR., rg.,’97
do
6s, gold. reg
do m. couv. g., r*g..’94
do
7s, w’t’r ln,rg. Aco. iii* 115
do
mort.
gold,’97....
108
uo 7s, str.imp., ree.,’83-36.
do cons.
do
do
do
100
*81
49*
*89
91
114* US*
108
112
103*
105
102
-
N. Jersey 6s, reg. and coup...
do
exempt, rg. A coup.
Camden County 6s, coup
Camden City 6s, coupon
do
7s, reg. A coup.
Delaware 6s, coupon.........
Pennsylvania 6s, coup., 1910..
Schuylk. Nav.lst m.6s.rg.,*97.
do
2d m. 6s, reg., 1907
do Is, boatAcar,rg.,19:S
..■4.
«,•••
Nesquehonlng Valley
Pennsylvania
Pennsylvania.
Philadelphia A Erie
Pnlladelphla A Reading
Philadelphia A Trenton
Phlla.Wflmlng, A Baltimore.
Pittsburg Tttusv. A Buff
10*
19*
Division. . ........
Lehigh Navigation............
Delaware
Morns.....
do
pref
03*
24
7*
pref...
10
Susquehanna
RAILROAD BONDS.
Allegheny Val., 7MO*. 1394... 114* 115
do
7s, E. ext., 1910 103
do
Inc. 7s, end.,’94. 35
36
Belvidere Dela. 1st m., la,1902.
do
2d m. 6s. ’85.. 107
do
8dm. 6s, ’87.. 103
103*
Camden AAmboy 6s,coup,’83
do
6s, coap., ’89
do
mort. 6s, ’89. i..
Cam. A Ati. 1st m. 7s, g.,1903
do
2dm.,7s, cur., 1879
•
•
• •
105
112*
116
103
lstprtf.
2d pref
.Wash. Branch.100
Parkersb’g Br..50
do
do
do
Northern Central..
Western Maryland
Central Ohio,....
do
Little Schuylkill, 1st m. 7s’82
North. Penn. 1st m. Is, cp.,’85. 108
119
do
2d m. 7s, cp., ’96.
do gen. m. 7s, cp., 1903.
ii*4
do gen. m. 7s, reg., 1908
Oil Creek 1st m. 7s, coup.,’8i. 89*
34
rittsb. Tltusv. A B.,7s, cp./96 32
120
103*
116*
gen. m. 6s,cp.,19i0. 115
gen. m. 6s, rg., 1910. 117* 117*
cons. m. 6s, rg., 1905. 109* HO*
cons. m. 6s. cp., 1905. 106* 107*
Navy Yard 6s, rg,’81
Pe n.^o ,6s. reg
Perklomen 1st m.ls.eoup./sn
Phila. A Erie 1st m.la, cp.,Tjl. 105* 106*
113
do
3d m. 7s, cp.,’S8. 111
Phila. A Read. 1st m.la, ’4S-’44. 103*] 104
do
48-.49.
2d m., 7«, cp., t?
deben., cp./ti*
do
cps. ok. 35
74
72
scrip, 1882.
do
In. m. 7s, cp,1896
11
do oons. m. 7s, cp..l91U
do eons. m. 7s, rg.,19’.i.. 111* 112
•
In derau'f. t Per share.
§ CPU, to JSh.. "77. fun ted.
..
101
101*
145
101* 102
108* 110
104
109
106
100*
111
110
•
•••
104
105
108
113
106*
100
113
70
108
114
93
41
75
17*
108
CINCINNATI*
Cincinnati 6s, long.
do
is................
do
7’30s
do
8outh. RR. 7*30s.
do
do
6s, gold.
Hamilton Co., O., 6s. long...
105
107
115
•
■
Louisville 7s
t
do
6s,’82 to *87
+
do
Is, *97 to *98
+
do
water 6s,*87 to *89 4
water stock 6a,’97.4
do
do
wharf 6s
+
do
spec’l tax 6s of *89.4
Louisville Water 6s, Ce. 1907 +
Jeff. M.ALlstm. (1AM) 7b,*81+
do
t
2dm., 7s
do
1st m..7s, 1906....+
Loulsv.C.A Lex. 1st m/Ts/Wt
Louls;A Fr’k.,Loulsv.ln,6s,*8l
Loulsv. A Nashville—
Leb. Br. 6s, *86..«•••••.....+
1st m. Leb. Br. Ex.,7s,’80-85.4
do
Lou. In.
6s, ’93.. .f
Jefferson Mad. A Ind. stock.
ST.
St. Louis Is,
do
do
do
do
ao
LOUIS.
long
..
water it, gold
do
do new.
bridge appr., g. 6s
renewal, gold, 6s.t
6s, ’fi-2-S.t
sewer, g.
St.Louis Co.new:
cur.
do
Jt‘Abd interest.
103
115* iio
105* 106
vvlUlIl* W
do
do
do
do
do
124
112
Canton endorsed. 108
.
do
do
111
BONDS.
Balt. A Ohio 6s, 1880, J.AJ....
do
Is, 1885, A.AO. ..
N. W. Va. 8d m..guar.,’85 JA J
Plttsb.A Connellsv.<a,’98*JA J
Northern Central 6s. ’85, J AJ
6s. 1900. A .AO.
do
do is, gld, 1900, J.A J.
Cen. Ohio Is, 1st m.,’t0,UA 8
W. Md. 6s. 1st m.,gr.,’90,J,AJ.
do
1st m., i890, J. A J...
do 2dm.,guar., J.A J....
do
2d m., pref
do 2d m^gr.hy W.Co.JAJ
do 6e. Sd in., gnar., J.A J.
Mar. A Cln. 7s, *92, F. A A,...
do
2d, M. A N
do
8s, Sd, J.AJ
Union RR. 1st, gnar., J. A J..
~
do
do
118
117
50
I Cln. Ham. A D. 1st m. 7s, ’80+
Pa.AN.Y.C. A RR.7s.l8M_... 119
Pennsylv., 1st m., 6s, cp., *80.. 103
115
115
115
117
50
do
7s, lto5yrs..t
Burlington Co. 6«h’97.
do
7 A 7*30*,K>ng4
Catawlssa 1st, 7s, conv., 82...
Cln.A Cov. Bridge st’k, pref.
109
do
chat. m. ,10s, ’88...
110
do
new 7a I960.
do
2d m. 7s, *851
Connecting 6s, 1900-1904...... 111* ill* Cln. Ham. A Ind., 7s, guar....
Chartiers Val., 1st m. 7s,C.,190*
Cln. A Indiana 1st m. 7s
+
Delaware mort., 6s, various^
do
2d m. 7s, ’J7..+
Del. A Bound Br., 1st, 78.1905 112
112* Colum. A iaCUlX)
Xenia, IBs
1st IU«
m. 7s.
»•» *90
fv
East Penn. 1st mort. 7s, *88 ..
Dayton A Mich. 1st m. 7s, *81+
El. A W’msport, 1st m., 7s, ’80. 107
107^
do
2dm. 7s,’84.+
b3
do
5s,perp
do
Sd m. 7s, *88+
Harrisburg 1st morMs, ’83^.
Dayton A West, lstm.,’81...t
H. A B. T. 1st m. 7s, gold, ’90. 114
do
1st m., 1905.1
do
2d m. 7s, gold, ’95. 100
do
1st m.6s, 1905
do
8dm. cons. 7s,’95*.
Ind. Cln. A Laf. 1st m. 7s
IthacaA Athens 1st g d. 7s.,’90
do
(I.AC.) 1st m.7s,*88+
Junction 1st mort. Is, ’82
Little Miami 6a, *83
+
2d mort. 6s, 1900 ...
do
Cln. Ham. A Dayton stock...
L. Sup. A Miss., 1st m., 7a g.§
Columbus A Xenia stock...
Lehigh Valley, 1st,6s, cp.. 1898
Dayton A Michigan stock..
do
do reg., 1893... 114* 115
do
8. p.c. st’k, guar
123* Little Miami stock
do 21 m. 7s, reg., 1910.. 123
do
con. m., 6s, rg., 1928 108* 109*
LOUISVILLE.
6s,c p.,19.3
108*
do
do
scrip....
w
1U* 115*
Par
100 123
110
Cam. A
do
•
110
water, 8s
BA1LXOAD
135
Pennsylvania
Schuylkill Navigation
•
50
Pittsburg A ConheUsvtlle..50
,1*
Paul A Duluth R.R. Com
do
’ do
pref.
United N. J. Companies......
West Chester consol, pref....
West Jersey
ct.
•
112
6s,exempt,’9S,M.A8.
0s, 1900, Q —J
iie*
Is. 1902, J. A J
110*
5a, 19.6, new
110*
no
North
do
110
Balt. A Ohio
...
pref
do
110
118
109
100
108
109
RAILROAD STOCKS.
Norristown....
Pacific
75*
109
113
6«, exempt, 1887
do
do
do
Norfolk
Schuylkill
Northern
60
do
6a, 1890, quarterly..
do
5s, quarterly
Baltimore 6s, iSS4, quart
do- €s, 1886, J.A J
do
6s, 189J, quarterly...
do
6s, park, 1890, Q.—M.
do
6s, 1893, M. A 8
do
ho pref.
Lehigh Valley
Little
78
Maryland 6s, defense, J.A J..
do
Broad Top...
iiinehlll
94
BALTIMORE.
Delaware
East Pennsylvania
Elmira A Williamsport.......
do
do
pref..
Har. P. Mt. Joy A Lancaster.
do
101*
7s, boatAcar.rg.,19.5
Susquehanna 6s, coup., .9.8 .*
pref.....
new pref j..........
A Bound Brook....
do
LOO
do
pref
do
Catawlssa,....
do
•08* 109*
100
106
ra.7s,rg.,t9l!
Morris, boat loan, reg., 1885..
Harrisburg City 6s, coupon..
railroad stocks, t
Camden A Atlantic.....
do
STOCKS.
Cheshire
78*; 70
7s..
do
424,413,225
486,222,549
507,331,749
011,674,082
493,410,515
452,720,433
434,908,904
510,297,775
501,821,270
400,417,429
413,892,738
19,707,000
19,017,600
19,480,000
19,427,100
19,398,800
19335,900
19,232,400
19,236,000
19,335,200
19.290,900
sxoubitixs.
Old
Boston Is, currency
do
325,096,134
*93
• e
Chesapeake A Delaware
Deposits. Circulation. Agg. Clear
206,591,400
• •
canal stocks.
Ogdensburg A Lake Ch. 8s...
••
:
31*
101* 102
cons.m.«s,g.i.l9ii.
do conv. 7s, 1893*
do
7s, coup, off,
Phil.AK.CoalAlron deb. 7s.92 35
do
deb. 7s. cps.oft
do mort., 7s, 1892-3
17*
62
Phila. Wllm. A Balt. 6s, ’84.... 107*
00
do
pref
100
109
Pltts.Cln.ASt. L. 7s, cou., 1900 ICS
Old Colony
100
Shamokin V.A Pottsv.7s, 1901
Portland Saco A Portsmouth
107
88
Stoubenv. A Ind. 1st, 6s, 1884. ^03
Pullina < Palace Car. ... ....x
60* 60* Stony Creek 1st m. 7s i907...
Puet>lo A Arkansas
,
10
Sunb. Haz. A W.,lst m.,5s,’21.
Rutland, preferred
Sunbury A Erie 1st m. 7s, ’97..
Vermont A Massachusetts..
105
38
-yra.Gen.A Corn’*,lst.Ts,1905 104
Worcester A Nashua
143,300
1,O20,O66
31*
England...
Bid. Axk
SXOTTBITIB8.
Northern of New Hampshire
119*
Norwich A Worcester
17
Cgdensb. A L. Champlain .
Huntingdon A
800.300
654.300
351.700
18,365,100
9,364,000
2,456.000
4,172,000
11,242,000
7.649.600
849.800
Etc.-Conitmied.
Phil.-A R.
Manchester A Lawrence...
do
467.500
605.500
Kav. City. St. Jo. A C. B.
New York A New Eng. 7s
Maine 6s..........
New Hampshire 6s
"Vermont is
Massachusetts 5s, gold
532.600
4.946.400
Hartford A Erie 7s. new
BOSTON.
do
705,800
series of weeks past:
235.824.400 20,514,100 40,767,000
sxoubitibb.
.
252,000
9.703,000
449,000
9,140,800- 1,528,600
894,000
3.864.400
178.400
3.234.100
2,220,200
900,000
1.966.400
3.080,500
367.300
1.346,000
5,400
1.888.300
270,000
6,475,200
241.400
2,475, 00
11,585,000 2,241,000
240,000
1,603,000
3,900
2,001,900
348.300
2,038,400
450,1/00
1.497.800
445,000
3,012,000
4.700
2,270,000
334,000
325,000
166.400
QUOTATIONS IN BQ&TftM. PHILADELPHIA AND
do
1,100
2,301,900
801.700
1.508.500
Net deposits
70,900 Circulation
6,461,500 |
Inc., f1,375,000 |
Apr.
Apr.
Apr.
Apr.
May
May
May
Jtfay
181.700
50.600
27,000
5,500
t30,V)0
117.900
400
73,200
44,500
123,000
777.800
1,250,900
170,000
556,000
4,233,000
2,408,000
80,800
109.300
137.700
63,000
112.900
3,816,800
2,066,000
402,000
930,000
2.734.100
1,034,300
495,000
of previous week are as follows
Loans and discounts
Mar. 1...
Mar. 8...
Mar. 15...
Mar. 22...
Mar. 29...
860.100
475,000
372,000
9.514.300
4,139,000
5,779,000
5,521,700
3.220.800
6.867.500
2,548,000
6.394.400
2.118.400
1.306.800
11,128,100
3.189.500
1.950.100
1,063,800
980,000
60.800.200 274.311,000 10,553,200 43,974,000:248.474.600 20,719,500
Total.,
1878.
Dec. 21...
Dec. 28...
1879.
Jan. 4...
Jan. 11...
Jan. 18...
Jan. 25...
Feb. 1...
Feb. 8...
Feb. 15...
Feb. 21...
1.113.100
161.900
184.600
35,000
3,175,000
500,000
1,000,000
300,000
400,000
Importers’ A Tr..
465.900
18,422,000
1.590.600
2,187,000
2,412,000
1.970.600
500,000
Marine
186,100
1,561,000
227.800
2,528,000
600,0001
•Oriental
1,126,000
218.400
3,595,100
2,297,300
4.332.500
3.132.500
1,259, 00
2,026,300
6.364.800
1,000,000
422,700
1,500,000
450,000
412,500
700,000
1,000,000
494.400
887.900
262,000
1,039,100
301.600
1,111,000
887.800
500,000
Irving
176,000
651,500
583,700
294,000
584.600
295,000
6,248,000
7,u07,100
4.305.800
9,276,000
2,850,000
6.291.900
3.124.400
1.522.500
10.761.300
3.823.400
3.590.900
1.259.900
1,677,600
494,000
510.500
740.100
541.300
$
$
$
$
o.ilo.^oo
2,000,000
2,050,000
2,000,000
2,000,000
1,200,000
3,000,000
1,000,000
1,000,000
1,000,000
600,000
300,000
1,000,000
1,000,000
300,000
300,000
200,000
600,000
Circula¬
tion.
_
Bid. Ask.
SXOCBITTXS.
Nashua A Lowell
New York A New
Net dep’ts
other
Tenders. than U. S
Legal
Specie.
PHILADELPHIA*
BOSTON,
following statement shows the
York; City Banks.—The
Banks.
193
THE CHRONICLE.
1879.]
August 23,
102
103
110
105
100* 101
101
65
TO
102*
87*
104
102
102
100
103
ioo*
80
102
100
32*
112
32*
105
113
104*
102
102
102
102
108
102
106*
104
1
11
110
101
102*
104
101* 102*
108* 104
THE CHRONICLE
QUOTATIONS
U. S. Bonds and active Railroad Stock*
are
OF STOCKS AND
quoted
previous
on a
Bid.
SECURITIES.
Alabama—5s, 1883
5s, 1880
8s, 1886
8s, 1888
8s, Montg. & Eufaula RR.
8s, Ala. & Chatt. RR
8s of 1892.
8s of 1893
Class A, 2 to
Ask
5
71
51
5
2
1*
IK
IK
IK
Connecticut—6s...
107
Georgia—6s
7s, new
7s, endorsed.
7s, gold..
100
110* 112
110%!111
111141114
Illinois—6s.counon, 1879...
Burl. Cedar
do
do
do
do
35
Harlem
Ind. Cin. & Laf
Keokuk A Des Moines.’
do
do
pref.
Manhattan
Marietta A Cin., 1st pref.
do
do
2d pref.
Mobile & Ohio
Nashville Chat. & St. Louis.
New Jersey Southern
N. Y.'Elevated
N. Y. New Haven & Hartf.
Ohio & Mississippi pref
Pitts. Ft. W. A Chic, spec’l.
Rensselaer & Saratoga
8t. Louis Alton
do
A
S*
pref.
62*
156
2d
102
101
15
18
Milan. & St. Jos.—8s, conv...
■ Ill.Cent.—Dub. ASioux C.lst
15
41
36
44
25'
20
41
42
Sinking fund
*106*
Chic. Rk. 1.4 P.—6s, cp.,1917
6s, 1917, registered
Keok.A Des M., 1st,
g., 5s.
Central of N. J.—1st m., ’90.
1st consolidated
do
assented.
Convertible
104
107
100
j 120
*.. .'105
Ill
120
101
*...
.
::::
99%
assented
Adjustment, 1903
Lehigh 4 W. B., con., g’d..
102*
assent’d
8*
do
Am. Dock 4
do
Impr. bonds,
assented
Chic.Mil.4 St.P.—lst,8s,P.D
90
,23*
2d mort., 7 3-10, P. D
1st m.,'7s, $ gold, R. D....
1st m., La C. Div
1st m., I. 4 M
m*
1st m., I. 4 D
1st m., H. 4 D
1st m., C. 4 M
Con. sinking fund
105*
2d mortgage
*102
1st m.. 7s, 1. 4 D. Ext
105*
Chic. 4 Northw.—Sink. f’d.. 109*
Interest bonds
106
Consol, bonds...
Extension bonds
1st mortgage
iilp
Coupon gold bonds
Registered gold bonds....
Iowa Midland, 1st m., 8s..
Galena 4 Chicago, exten.
Peninsula, 1st m., conv...
Chic. 4 Milwaukee, 1st m.
Winona 4 St. P., 1st m
...
2dm....
do
C. C. C. 4 Ind’s—1st, 7s, s. f.
Consol, mortgage.
C. 8t. L. 4 N. O. Ten. lien 7s
do
do
1st con. 7s
Del. Lack. 4 West—2d m..
7s, convertible
Mortgage 7b. 1907
87'
21
118
2d 7s, 1900.
Chic., 1st m.
5s, sinking fund
34
100*
Income
Miss.Riv.Bridge,l8t,s.f,0s
110*
114”
103*
114
2
Det.Mon.4 T., 1st, 7s,’1906
Lake Shore Div. bonds...
do
do
do
do
cons.
cons,
cons,
cons,
coup.. 1st
reg., 1st.,
coup., 2d.
reg., 2d ..
106
117
coup,
...
off, J. AJ.
coup, off,
A.A O.
do
do
105'
110
HI*
107*
104
125
91^
123>j
103*
108* 109*
104
104*
112
110% lli'
116
73*
74'
72%
73 %
106
105
100'
107*
*107
114* 118
i 129
I'M
101
111
109”
110
118
107”,
114
116*
119*
120
120
120
112
112
112*
113*
112*
102% 103
....1103*
93
87% 91
Metropolit'n Elev—1st,1908
Mich. Cent.—Cons., 7s, 1902
1st mort., 8s, 1882, s. f
111
*100
Equipment bonds
73
Mo.k.4 T.—Cons.ass..1904-6
73%
2d mortgage, inc., 1911
31* 31%i
109
H. 4 Cent. Mo., 1st., 1890.
N. Y. Central—6s, 1883
105% 105%
107*
6s, 1887
6s, real estate
*104%
6s, subscription
*104%
N. Y. C. 4 Hud., 1st m., cp.
do
1st m., reg.
Huds. R., 7s, 2d m., s.f.,’85
Canada South., 1st, int. g.
120
126
110
85%
Harlem, 1st m., 7s, coup.. *126
do
1st m., 7s, reg— 125
N. Y. Elevated-lst, 7s, 1906 110
Ohio 4 Miss.—Consol, s. f’d 112*
113
Consolidated
2d consolidated
99
1st m. .Springfield div ...
111
do
do
AND
Cairo Ark. 4 T., 1st mort.
,
St.L. K.C 4N.-R. E.4 R.,7s
Omaha Diy., 1st mort.. 7s
m.
86”
125*
Elizabeth City—Short
113
.
*
...
93%
106
IS8*
114*
115
90
60
51*
37*
74*
75"
22
65*
28
other.
Oswego 4 Rome—7s,
guar..
05% 'Panrin Potln Kr. .T.—laf m...
* No price
nv-uay ; vueat are
.
.
.
t
86
80
54
67
43
a
new
Wiim’ton,N.C.—6s, g.,
8s, gold, coup, on
RAILROADS.
102* Ala. AChat.—Rec’rs ctfs.var
Atlantic 4 Gulf—Consol
105”
Stock
Charl’te Col.4 A.—Cons., 7s
2d mortgage, 7s
East Tenn. 4 Georgia—6s..
E.Tenn.A Va.—6s,end.Tenn
E. Tenn. Va. 4 Ga—1st, 7s.
Stock
114
105
106
105
91
112
Consol., end. by Savan’h..
Cent. Georgia—Cons, m., 7s
110
73
57
Georgia RR.—7s
89*
Stock
Greenville 4 Col.—7s, 1st m.
*100
101
85
102
80
55
90
84
107
«
*
90
106
100
65
95
87
108
95
75
90
24
106
75
75
70
73
20
102
30
60
104
40
112
70
97
75
95
100
w
Macon 4 Aug.—2d, endors.
97
MemphisA Cha’ston—1st,7s
95
TO
3
35
101
99
no
Stock
68
75
102
106
90
80
22
30
24
100
100
110
104
73
73
2d mort., ex coupons
Miss. 4 Tenn.—1st m., 8s, A
1st mortgage, 8s, B
Mobile 4 Ohio—Sterling, 8s
Sterling, ex cert., 0s
8s, interest
2d mortgage, 8s
New 1st mortgage
New debentures
N. O. 4 Jacks.—1st m., 8s...
Certificate, 2d mort., 8s...
Nashville
32
26
105
106
115
50*
.
55
2d, 7s
»
80
-
7s, guar
102
Chat.A
St. L.—7s.
105*
55
73
101
85*
23
105
35
43
6
42
14
60
56
95
ft!
78
103
86
....
109
106*
50
46
8
50
16
64
62
100
40
102
70
70
60
15
25
86
35
no
104
99
90
88
112
107
102%
JF
2d
106
60
112
102
85
90
60
100
100
75
5
45
104
115
91
85
85
70
94
1st, 6s, Tenn. 4 Pac. Br...
1st, 6s, McM.M.W.AAl.Br.
92*
Norfolk 4 Petersb.—1st, 8s.
70
1st mortgage, 7s
98
+103
102
65" 2d mortgage, 8s
112
Northeast.,
S.
C.—1st
m., 8s.
105i£ 106*
103
104
70
20
20
25
25
15
15
25
66
93
72
90
95
102
40
110
100
80
104* 106* Memp. 4 Lit. Rock—1st, 4s.
110
+106
Mississippi Cent — 1st m., 7s
+100
65
72
.
109
0s
53
103
95
110
85
97
no
cp.on
115
116
+111
103
40** 50*
Consols, 5
100
111
116
„
10
10
Savannnah—7s, old
7s,
ra
20
Richmond—6s
109
50^
75
....
Nashville—6s, old
6s, new
New Orleans—Prem., 5s
Consolidated, 6s
Railroad, 6s
45
45
105*
112
113
101
65
Bonds, A and B
Endorsed M. 4 C. RR
Compromise
Mobile—5s, coupons on
8s, coupons on
6s, funded
Montgomery—New 5s
....
62
92
102
106
60
60
55
+113* 114* Norfolk—6s
115
Petersburg—6s
8s...........................
+112% 115
+100
70
97
90
7s, F. L
Columbus, Ga.—7s, bonds..
Macon—Bonds, 7s
Memphis—Bonds, C
+112
71*
m
95
107
97
104
58
Augusta, Ga.—7s, bonds
Charleston, S. C.—Stock, 6s.
11*5
108
115
108
+113% 114
115
+114
54
88
50
102
92
108
80
96
85
57
55
70
no
93
103
103
90
104
class C...
8s
Water works
105
113
+107
7'30s
do
.
38
t
....
......
Toledo—8s, water, 1894
7s
8s
.
59
85%
New 3s
+101
+113
Rochester—Water, 1903.... +113
International (Tex.)—1st,
Int. H. A Gt. No.—Conv.,
0
..
*41
+114*
ittg
103% 104
76
Poughkeepsie—Water
RAILROADS.
Atchison 4 P. Peak—6s, gld
Bost. 4 N. Y. Air-Lr-lst m.
California Pac—7s,gold
31
.
58%
Southern Securities.
(Brokers' Quotations.)
STATES.
N. Carolina.—New 4s
60
89
So.Carolina—Con., 6s (good)
Rejected (best sort)
60
Texas—6s, 1892
M.4S. +103**
7s, gold, 1892-1910 J.4 J. +111
109''
7s,
J.4 J. +112
gold, 1904
98
108, pension, 1894.. .J.4 J. +99
95
Virginia—New 10-40s
49*
45
CITIES.
84*
100
Atlanta, Ga.—7s
108
114*
Water, 7s, long
Oswego—7s
Yonkers—Water, 1903
27*
mortgage, class B...
do
*97
+106
+90
+109
Newark City—7s, long
2*
31
78
54
52
St.L.4 S.E.—Cons., 7s, g.,’94
60
St.L.VandaliaA T.H.—1st m *107
2d mortgage, guar
89
Sand. Mans. 4 Newark—7s.. 101
Scioto Val. 1st 7 p.c. s.f. bds +101
South Side (L. 1.)—1st mort
88
South Minn.—1st m..?s, ’88
100
1st mortgage, 7s (pink)....
100
Extension
90
Tol. Can. S.4 Det.—1st, 7s, g
60
Union 4 Logansport—?s...
94
Union Pac., So. Br.—6s, gld
86
2d
95
99
mortgage, 8s
Orange 4 Alex’a—lsts, 6s..
2ds, 6s
’.....
3ds, 8s
4ths, 8s
.”
Rich.A Dan.—1st consol., 0s
Southw. Ga.—Conv., 7s, ’86.
Stock
S. Carolina RR.—1st m., 7s.
7s, 1902. non-enjoined
Savan’h 4 Char.—1st m., 7s.
Cha’ston 4 Sav., 6s, end..
West Ala.—1st mort., 8s....
2d mort., 8s, guar
PAST-DUE COUPONS.
Tennesssee State coupons.
South Carolina consol......
Virginia
latest quotations
fin
coupons
onnpol. rminnr.n...
innue tms week.
^
26*
26*
St.L.4 San F.—2d m.,class A
94%
.
....
Jack.L.A 8.—8s, 1st,“white” +108
.
.
Indianapolis—7’30s
Long Island City
.
+ And accrued interest.
.
93
90
90
105
42
40
102
Long
Hartford—6s, various
„
30
Small
....
®
.
28
28
80
Registered
Consol., 7s, 1910
St.L.I.M.4S.,1st 7s,pref.int.
do 2d int.,6s. accum’e
Chic. St.L.4 N. 0.,2d m.,1907
Miscellaneous List.
(Brokers' Quotations.)
CITIES.
Albany, N. Y.—6s, long
Buffalo—Water, long
Chicago—6s, long dates
7s, sewerage
7s, water
7s, river improvement....
Cleveland—78, long
Detroit—Water works, 7s..
series
*
....
Pur. Com. rec’pts, 1st,E.D *107”
do
1st, W. D. *107
do
Bur. Div.
35
1st pref. inc. for 2d mort.
*....
1st inc, for consol
Tol.4Wab.—lstext.78,ex cp. 108*’
1st St. L. div.78,ex rnat.cp.
94*
2d mortgage ext., ex coup
91
40
Equipment bonds, 7s, 1883
Consol, conv. ex coupon.
83%
Gt. Western, 1st m., ex cp
do 2d m.,7s,’93,ex cp
90%
Q. 4 Tol., 1st, 7s, ’90,ex cp. *90
111.4 So. la., 1st m.78,ex cp *90
West. Un. Tel.—1900, coup.
Central of N. J., 1908.
Leh. 4 Wilkes B. Coal, 1888
new
Virgina—6s, old
6s, new, 1866
6s, newi 1867
15*
6s, consol, bonds
6s, ex matured coupon....
6s, consol., 2d series
6s, deferred
D. of Columbia—3’65s, 1924.
„
do
income.
Belleville 4 So. Ill., 1st m. *111
Tol. Peo. 4 W.—1st m., E.D.
1st mortgage, W. D..
50
Burlington Div
2d mortgage, 1886
1900, registered
Spring. V^y W. Works, 1st 6s.
6si
•
f
BONDS.
A
t.
mortgage, pref....
•
®
*
r
1*
9
9
St.Chas.B’dge,lst, 7s, 1908
Nortli Missouri, 1st m., 7s *113
St. L. Alton 4 T. H.—1st
m.
2d m..
do Tr’t Co.ctfs.1st con
do
do
2d con
Rome
Xr.
—Con. i«st
Non-fundable
Tennessee—6s, old
6s, new
t
•
‘
....
103
110
STOCKS
•
9
2*
2*
2*
127* 128* Long Island—1st mortgage.
*... 123
Montclair 4 G.L.—1st, 7s, n.
3d m.. *117
N. J. Midland—1st, 7s, gold.
Cleve.4 Pitts., consol., s.f. *113*
2d mort.
do
4th mort...
New Jersey South’n—1st, 7s
Col. Chic. 4 I. C., 1st con..
76
80
N. Y. 4 Osw. Midl’d—1st m.
do
2d con...
Receiver’s certif’s, labor.
do
do
7s of 1888
INCOME BONDS.
100%
*...
24
24
89"
class 2
class 3
2d mortgage
Arkansas Br., 1st mort ...
Cairo 4 Fulton, 1st mort.
2d
113
117
....
Ask.
55
15
15
15
40
40
15
Funding act, 1866
Land Com., 1889, J. 4 J...
do
1889, A.AO...
....
109
89
8
Bid.
Rhode Island—6s,coup.’93-9
South Carolina—6s
Jan. 4 July
April 4 Oct
....
112
103'
108
106
117
119
121
23
23
14
14
1*
Ohio—0s, 1881
102
121
....
Special tax, class 1
103
91%
....
107%
1868
New bonds, J. & J
do
A.4 0
Chatham RR
109** 110*%
99% 99*
100'
107%
....
A.& O
do
103
119
110
106* Pennsylvania RR—
Pitts.Ft.W.4 Chic., 1st
104** 105'
Prices nominal.
Marietta 4 Cin.—1st mort..
1st mort., sterling
Inc. coup. No. 16 on 1910
Den. Div. 6s ass. cp.ctf.
108*
Morris 4 Essex, 1st m
*
O
RR., J. & J
68, 2d mortgage, gold
Cent, of la.—1st m., 7s, gold
Chic.ACan.So—1st m.,g.,7s
Chic. 4 East. 111.—1st m., 6s
mi
2d.mortgage, inc., 7s
Chic. St. P.4 M.—6s, g., new
Pacific Railroads—
Land grant, 6s, gold
Central Pacific—Gold bds *108*
100
Chic.4 Southwest.—7s, guar
San Joaquin Branch...
Cin. Lafayette 4 Ch.—1st m
100*
100
Cal. 4 Oregon, 1st
99
Cin.4 Spr.-lst, C.C.C.AI.,78
State Aid bonds
*106
1st m., g’d L.S.4M.S.,7s.
103
Land grant bonds
103
104
Col.4 Hock.V.—1st,78,30 yrs
Western Pacific bonds..
104
80*
1st, 7s, 10 years
South. Pac. of Cal.—1st m.
2d, 78, 20 years
Union Pacific—1st mort.. 108% 109'
Dan. Urb. B1.4 P.—1st, 7s, g.
Land grants, 7s
113*
Denver Pac.—1st,7s,Id. gr.,g
Sinking fund
Erie 4 Pittsburg—1st m., 7s
113*
113
*113*
Con. mortgage, 7s
Registered, 8s
Pacific RR. of Mo.—1st m. 103%
7s, equipment
2d mortgage
104
104% Evansv. 4 Crawfordsv.—7s.
no*
Income, 7s
Evansv. Hen. 4 Nashv.—7s.
1st m., Carondelet Br...
Evansv. T.H. 4 Chic.—7s, g.
South Pac. of Mo.—1st m.
113*
99
Flint 4 Pere M.—8s, l’d gr’t
Kansas Pac.- -1st m.,0s,’95
Galv. Hous.A H.—7s, gld,’71
1st m.,6s,’95,with cp.ctfs *119
Gr’nd R.AInd.—lst.7s,l.g.gu
1st m., 0s, ’96
100*
1st, 7s, Id. gr., not guar...
do
with coup, ctfs
115
1st, ex land grant, 7s
107*
1st m., 7s, Leav. br., 96..
Grand River Val.—8s, 1st m
with coup, ctfs *85
119*
do
Hous.A Gt.N.—Ist,78,g.,ctf8
1st m., 7s,R.4L.G.D’d,99
Hous. A Tex. C.—1st, 7s, gld
do
with coup, ctfs
Western Div
111*
1st m., 7s, land gr’t, ’80..
Waco
112
do
with coup, ctfs 119
125
Consol, bonds
2d mort., ’86
’.
Indianan. Bl. 4 W.—1st m..
104”
do
with coup, ctfs
96' Indianapolis A St.L.—1st, 7s
Inc. coup. No. 11 on 1910
Indianap.A Vine.—1st,7s, gr
Syr. Bii gh. AN. Y., 1st, 7s 110 Jill
do
do
new bonds.
Cleve. P’ville 4 Ash., old.
do
new
Buffalo 4 Erie, new bds...
Buffalo 4 State Line, 7s..
Kal’zoo 4 W. Pigeon, 1st.
383* 39* Louisv.4 Nash.—Cons.m.,7s
26* 27*
2d mort., 7s, gold
87
90
Nashv. 4 Decatur, 1st, 7s.
*42
*20
117
*105
Chic. Bur. A Q.—8 p.c., 1st m
Consol, mort., 7s
A.A
No. Car.
do
do
do
Funding act, 1866
*
Dub. A Sioux C., 2d div...
104*4
Cedar F. 4 Minn., 1st m..
47* Lake Shore—
44*
Mich S. 4 N. Ind., s. f., 7s.
99
Cleve. 4 Tol., sink. fund..
Bost. H. A Erie—1st m....
*33
1st mort., guar
Bur. Ced.R.A North.—1st, 5s
85%
Minn.A St. L., 1st, 7s, guar *105
do
St. L. Jack. A
N.Y.L.E.AW.,n.2d,con.,6s
do l8t,con., f,cp.,7s
do 2d,con..f.cp.,5s,0s
9K
Quicksilver
Joliet A Chicago. 1st m...
Louis’a AMo., lstm.,guar
mortgage, 7s, 1879..
3d mortgage, 7s, 1883.
4th mortgage, 7s, 1880
5th mortgage, 7s, 1888
7s, cons., gold bonds, 1920.
ex coup.,Sept.,’79 & prev
Long Dock bonds
Buff. N.Y.& E, 1st m., 1916
159
Wells, Fargo A Co
Chesap.A O.—Pur. m’y fund
6s, gold, series B, int. def.
6s, currency, int. deferred
Chicago A Alton—lBt mort.
1st con., guar
Erie—1st mort., extended..
Miscellaneous St’ks.
Railroad Bonds.
Stock Exchange Prices.
2d mort.
3d mort.
do
do
do
6%
Adams Express
American Express
United States Express
Homestake Mining
Standard Cons. Gold Mining
Pullman Palace Car
37
.
Reus.& Saratoga, 1st,coup
do
1st, reg.
44% Denv.4 R.
Grande— 1st, 1900
42
..
Pennsylvania Coal
Mariposa L’d A Mining Co..
do
do
pref.
Ontario Silver Mining
6s, old,
*87
87
extended.
Coup., 7s,’94
Reg. 7s, ’94
div., coup., 7s, 1917
reg., 7s, 1917
Albany & Susqueh., 1st m
41
Terre Haute & Indianapolis
United N. J. RR. A Canal
do
pref
Atlantic A Pacific Tel
American District Tel
Gold A Stock Telegraph....
Canton Co., Baltimore
American Coal
Consolidation Coal of Md..
constructs
7s of 1871.
1st con., g’d..
do
do
do
1st Pa.
do
n'i*
T. H
do
Carolina—6s, old.JAJ
MISCELLANEOUS
Del. 4 Hud.Canal—1st m.,’84
1st mortgage, 1891
13*
Louisville A Nashville....
do
do
do
do
41
1st pref.
2d pref.
Chicago A Alton, pref.
Chicago St. Paul & Minn....
Dubuque & Sioux City..
AND
Morris 4 Ess’x,b’nds, 1900
Rapids A No
Chesapeake & Ohio
North
15
38
1893
do
6s, 1886
RAILROAD
Railroad Stocks.
(Active previously quoted.)
Albany A Susquehanna...
Boston & N. Y. Air L., pref.
6s,
Securities.
102
York—6s, gold, reg.,’87
6s, gold, coup., 1887
6s, loan, 1883
6s, do 1891
6s, do 1892
18
18
18
18
18
18
6s, new
6s, new floating debt
7s, penitentiary
0s, levee
8s, do
18
8s, do of 1875
8s, of 1910
7s, consolidated
37*
35
7s, small
Michigan—0s, 1883
7s, 1890
Missouri—6s, due 1882 or ’83 102*
6s, due 1886
103**
0s, due 1887
6s, due 1888
6s, due 1889 or ’90
Asylum or Univ., due ’92.
Funding, 1894-95
Hannibal A St. Jo., 1886.. 102
47
Arkansas—6s, funded
7s, L. Rock A Ft. Scott iss.
78, Memp. A L. Rock RR .
7s, L. RP.B.& N. O. RR.
7s, Miss. O. & R. R. RR...
7s, Arkansas Central RR.
New
Louisiana—6s
'$*
Bid.* Ask.
SECURITIES.
Missouri—Han.& St. Jo.,’87.
Kentucky—6s
*8“
be.
may
BONOS.
Ask,
Illinois—War loan
20
20
lass C,
glass
B, 25sto 5
Bid.
SECURITIES.
BONDS IN NEW YORK.
Prices represent the per cent value, whatever the par
page.
STATE
[VOL. XXIX*
.
194
•
97
100
94
62
8?
80
97*
106
102
96
70
32%
97
40
100
50
50
109
109
112
112
10
40
20
80
60*
25
82
195
THE CHRONICLE
23, 1879.]
August
SECURITIES.
LOCAL
NEW YORK
Insurance Stock List.
Bank Stock List.
Capital.
Companies
Prtcb.
l'l VIDEND8
Surplus
latest
dates. §
[Quotations by K. S. Bailey, Broker;7Plne itreet.]
Net
at
Mark’d thus (*)
are
not
I Amount
Nat’I.
Capital.
Period
Chatham
Chemical
Citizens’
City
.
Commerce
....
Continental...
Corn
Exch’ge*.
100
25
100
25
100
100
100
100
25
25
100
100
100
100
30
50
75
100
100
25
30
East River....
11th Ward*....
Fifth
Fifth Avenue*.
First
Fourth
Fulton
Gallatin....
German Am.*
German Exch.*
Germania*
Greenwich*....
Grocers*
100
Hanover
Imp.& Traders’ 100
50
Irving
Island City*... fO
100
Leather Manuf.
Manhattan*
50
Manuf. & Mer.* 20
Marine
100
Market
100
Mechanics’
25
Mech. Assoc’n. 50
Mech’ics «fc Tr. 25
Mercantile
100
Merchants’.
50
Merchants’ Ex. 50
100
Metropolis*.
....
..
.
Metropolitan
Murray Hill *..
..
Nassau*
New Ycr*
N. Y. County..
N. Y. N. Exch.
Ninth
No. America*..
North River*.
Oriental*
Pac flc*
Park
300,000
450,000
300,000
600,000
1,000,000
5,000,000
1,000,000
1,000,000
250,000
100,000
150,000
100,000
500,000
3,200,000
600,000
8
People’s*
107,600 J. & J.
M.&N.
I. & J.
J. & J.
10
0
io
io
1,411.000
2,633.900
166,700
828,600
F.&A.
6+ 800 J. & J.
11,400 J. & J
43,700 T. & J.
1S0,<)< 0
1.579.000
398 400
1,000,000
750,000
200,000
200,000
671,2)0
200.000
49,90') May.
4MOO May.
14,30) M.&N.
225,000
1,000,000
18,400 J. & J.
217,3 0 J. & J.
52 400
1,500,000 1,889,900 J. & J.
500,000 133. LOO •T. & J.
6 700 J. & J.
100,000
600.000 4? 7,800 J. & J
2,050,000 1,059.000 F.& A
100,000
8,800 J. & J
400,000 101.900 J. & J.
500,000 288,800 J.& J.
.
970 tOO J. & J.
68.70U M.&N.
78.000 M.&N.
179,50? M &N.
7U8.000 J. & J.
141.400 J. & J.
57.900 J. & J.
842,600 J. & J.
2,000,000
500,000
300,000
100
'
6k
To
12
6k
10
7
125 800 F.&A.
53,100 J. & J.
81.900 J. & J.
•J. & J.
J. & J.
M.&N.
J. & J.
J. & J.
M.&N.
J. & J.
238.300
41200
196,100
104,000
269 400
660,000
104,700
200,000
§ The figures In this column are of
of same date for the State tanks;'
12
6
10
7
-
July,
May,
July,
July,
July,
July,
’79.
’79.
’79.
’79.
0
6
7
3
5
0
7
14
8
6k
12
8
7
14
8
3
11
8
¥
7k
0k
io
6
2?*
8
3
6
12
6
10
6
f*
8
8
7
8
2
1114
101k 105
’79. 3
110
July, 79. 15 1627
July, ’79. 3
May, ’79. 5
Ju y. 79. 4
100
July, 70. 3k 97
135
Aug. ’79. 5
July, ’79. 3k
July, ’76. 3
Juiy, ’79. 3
223
July, ’79. 5
3
*79
100
July.
May, ’79. 3k
Api , ’79. 3k
A U r. ’79. 2 k
May, ’79. 5
May, ’77. 0
May, •79. 3
Jai>„ *77. 3
July, ’79. 3k 103k
205
July, ’70. 7
July, ’79. 4
3
’78.
Jan.,
Ju y. •79. 4
Aug. ’79. m
T
•
Juiy, *79.
•
6
3
9
10
6
7
3
4
6
•
,
•
•
•
•
95
....
..
•
127
85
135
85
79. 2k
A.ug.
9994 301k
3
July, ’79.
July, ’79. 3k
Jan , ’79.
July, ’74. 3k
115
85
An/. ’79.
Aug. ’79.
July,
July,
July,
July,
May,
3
4
4
3
105
3k
4
6
July, *79.
City Railroad Stocks and Bonds.
[Gas Quotations by George H. Prentiss, Broker, 24 Broad Street.]
Amount. Period.
|
25
20
Brooklyn Gas Light Co
Citizens’Gas Co (Bklvn)
bonds
do
Harlem
1,000
50
20
50
100
Jersey City & Hoboken
Manhattan
Metropolitan
ao
V-<r.
100
certificates
bonds
Nassau, Brooklyn
do
Va
100
scrip
New York
.
10
People’s (Brooklyn)
bonds
do
do
certificates.
Centra] of New York
do
do
Williamsburg
do
scrip
Metropolitan, Brooklyn
Municipal.
do
Quar.
5,000,000
1,000 1,000,000 F.& A.
Var
25 1,000,000
Mutual, N. Y
do
Var.
Var.
A.&O.
315,000
1,850 000 F.&A.
750,000 J.& J.
4,000,000 I. & J.
2,500,000 VI.&S
1,000,000 M. & S.
2,000,000
1,200,000
bonis..
.
700,000 M.&N.
4,000,000 M.&N.
1,000,000
300,000
Var.
300,000
50
466,000
50 1,000,000
Yar. 1,000,000
100 1,000,000
100 1,500,000
1,000
....
/. * J.
M.&N.
J. & J.
F.& A.
Rate.
Date.
*
May, ’79 110
2k July, ’79 50
1808
Feb., ’78 35
7k Jan., ’70 140
45
145
145
115
104
60
104
HO
90
90
22
June, ’79 135
Feb., ’79 110
3k Feb., ’70 101
Ik Apt., ’79 50
1882
103
50
’70 82
’79 85
’76 18
90
’79 70
’79 55
’79 70
’79 85
’79 40
’<9 no
104
July, •79
3
3k May,
May,
4
3k Jan..
Quar,
J. A J.
M.&N.
3k Jan.,
2k May,
3
6
Feb.,
1888
40
100
30
Exchange
50
Farragut
17
Firemen’s
Firemen’s Fund 10
Firemen’s Tr.. 10
Fianklin&Emp 100
German-Amer. 100
50
Germania.
50
Globe
25
Greenwich
Hamilton
Hanover..
Hoffman
Home
Hope
Broadway dk Seventh Acs—stk..
1,000
100
1st mortgage
1,000
rooklyn City—stock
1st mortgage
1,000
10
foadway (Brooklyn)—stock..
100
100
rooklyn dk Hunter's Pt—stock.
1st mortgage bonds^
1,000
Bushwick Av. (B’klyh)—stock..
Ventral Pk„ y.dk E. River—stk.
Consolidated mortgage bonuB
900,000
691,000
2,100,000
1,500,000
2,000,000
300,000
200,000
400,000
J. & J.
J. & J.
Q-J.
J.&D.
Q-F.
M.&N.
Q—J.
A.&a
800,000 j. & j.
100
100
500,000
1,800,000 J: & j’
1,000 1,200,000 J.&D.
100 1,200,000 Q-F.
Dry Dock, F. B. dk Battery—si*.
500&C
1st mortgage, conn'd
900,000 J.&D
100 1,000,000 J.& J.
Eighth Avenue—stock
1st mortgage
1,000
203,000 J. & J.
100
2d St. dk Grand St terry—stock
748,000 M.&N.
1st mortgage
1,000
236,000 A.&O.
100
Central Cross 'lown- stock.
600,000
1st mortgage
1,000
200,000 M.&N.
100
Houston, West st.dkPav.F'y—sVz
250,000
30
20
40
Lafayette(Bkn) 50
100
Lamar..
25
Lenox
LongIsl.(Bkn.) 50
25
Lorlllard
Manuf.A Build, 100
100
Manhattan
Mech.&Trad’rs’ 25
Mech’lcs’(Bkn) 50
50
Mercantile..
Merchants’..... 50
Montauk (Bkn) 50
Nassau (Bklyn) 50
National
37k
N. Y. Equitable 35
New York Fire 100
N. Y. & Boston 100
New York City 100
50
Niagara
North River.... 25
25
Pacific
100
Park
20
Peter Cooper...
50
People’s
Phenix (Bklyn) 50
Produce Exch. 100
50
Relief
100
Republic
100
Ridgewood
25
Ratgers’
100
Safeguard
teg
St.Nicholas.... 25
50
Standard
100
Star
100
Sterling
25
Stuyvesant
Tradesmen’s.... 25
United States.. 25
10
Westchester...
Wllliamsb’g C. 50
Jefferson
200,010
Kings Co.(Bkn)
150,000
500
100
Second Avenue.—stock.
3d mortgage....
Cons. Convertible
Extension
1,000
1.000
■00&C.
J00
.
hzth Avenue- stock
1st mortgage
1,000
third Avenue—stock
1st mortgage
frnerUt/.tMra Street—sIoce...
1st rrmr?(ru"«
*
i mo cuniiuu.
....
hows last
100
1,000
,
100
1.000
500 000 J. & J.
1,199,500 Q.-F.
150,000 A.&O.
1,050,000 M.&N.
200,000 A.& (>.
750,000 M.&N.
415,000 J. & J.
2,000,000 Q-F.
’,000,000 J. & J.
600,000 J & J.
2A0.000
'f juv
280,000
Knickerbockei
150,000
200,000
150,000
200,000
300,000
200,000
250,000
200,000
150,000
200,000
200,000
200,000
200,000
200,000
210,000
200,000
200,000
800,000
500,000
350,000
200,000
.
200 000
150,000
150,000
1,000,000
200,000
200,000
300,000
200,000
200,000
200.0C0
200,000
200,000
300,000
200,000
200,000
300,000
250,000
800, r00
250,000
•Over all liabilities.
Figures with a
scrip.
7
2
7
Croton Aqued’ct
stock.1865.
pipes and mains...
do
Io
reservoir bonds
Central Paik bonds.. 1853-57.
-
do
ao
..1853-65.
1870.
60
102
140
110
150
100
102
sii
7
2
7
6
7
6
7
’79 95
100
1888
85
41
July. ’79
94
Dee.1902
Aug. ’79 86
Ju e, ’03 104
July, ’79
Jan., ’84
May, ’76
Apr., ’9t
100
100
140
105
July, ’94
Apr., ’76
Apr ’Sf
09
10
80
30
95
May, ’88
72k
Nov.1904
,
’8;’77
’9(
’79
*90
vug. ’79
Sept.
May.
July,
Aug.,
July,
li-75.
1865-68.
Improvement stock.... 1869
do
(.0
....18fc9.
Consolidated bonds
var.
Street Imp. stock
var.
20
90
65
101
.
?o
80
105
122
98
97
do
do
New Consolidated
Ju y,
Jan.
18* £*
10
46,949
24,638
193,078 25
15k
23,325 10
10
12
20
16
10
100 272 11-55
118,074 15
34,310 10
143,401 20
106,523 25
210,962 16
101,565 10
403,302 20
10
10
20
10
10
20
13
July. 78. 5
<9.10
A« g. .<9. 8
Ju y.
Ju y,
Aug.
Jan., ’79.10
7 Or
1QO
....
60
"esr
180
175
170
190
no
no
47
105
200
190
105
120
120
55
120
170
210
105
107
125
IOO
July, ’79.6-8 3 160
2)0
A pi., ’79.10
95
Juiy, *79. 5 100
Aug. ’79. 5
•luly, 79. 7V i 115
Ju y, ’79. 3y 6B 95
80
July, ’77. 5
100
July, ’79. 5
no
July, ’79. 7
July, ’<9. 5 iso
105
July, *79. 7 107
Ju y. ’79. 5
250
Ju y, ’79.
60
y. ’79. 3*
115
July. ’79. 5
140
July. ’79.15
80
July, ’79. 5
July, 79. 5 115
Jan., '79.
Ju y,
M’ci
79.
’79
5
July, ’79.10
Jau
’79. 5
July, ’79 6
Ju y, ’79. 5
July, ’79.
July, ’79.
Jan., ’79.
July, ’79.
July, ’<9.
July, ’79.10
July, ’79.10
July, ’79. 5
July, ’79. 5
July, ’79. 5
.
Ju y,
79.10
July, *79. 5
July, ’79. 5
Au«j ’79. 5
.
120
140
175
7<t
125
160
87
125
50
80
ino
60
125
100
50
120
95
80
120
60
95
105
70
139
i&
105
90
ISO
73
140
110
170
...
104
1H0
165
70
115
108
#..,
85
130
112"
165
102
165
180
no
125
65
00
*
Jan., ’79. 5
July, ’79. 0
A pi. j ’79. 4
July, ’79.10
July, ’79. 6
Juiy, ’79.10
Ju'y, ’79..6
July, ’79. 5
Jan., *77. 9*
Jjuly, ’79. 5
Inly, ’79. 3k
Ju y, ’79. 5
July, ’79 10
-
*
50
115
100
210
108
iio
2315
ieo
no
110
65
120
no
90
70
.,..
00
95
150
100
70
165
Julv, ’79 8
Aug. ’79 5
Jily, *79. 3k no
*
125
July, ’79. 6 112
An/. ’79. 3k 70Juiy, ’79. 5
ibo
Ju v, ’79. 5
120
Ju y, ’79. 5
12k
10
14
10
12
10
20
’79.10
’79.10
’79. 5
.July. ’79. 5
July, ’77. 5
1235 0-23
17k
70. 5
77. 4
June.
10
10
10
10
10
20
5
16
10
10
10
10
12
10
20
20
10
16
12
20
10
20
14
N’ne
N’ne
11
10
30
12
20
12
15
\’ne
10
5
10
20
16
9
Aug
’70. 5
July, ’79.10
'
117
80
•
•
•
»•••
•
« « a
fid
185
-
.....
-
Park bonds
Water loan bonds
iio
Bridge bnndn
Water loan
150
115
40
101
20
Guy bonds
Kings do. bonds
do
~do
Park bonds
5
5
0
6
7
0
5
6
7
6
7
6
7
6 g0
7
6 g.
7
...
7
7
7
7
7
6
6
7
0
Price.
-
Bonds
due.
Months Payable.
Feb., May Aug.A Nov.
do
do
do
do
do
do
May & November.
Feb.,May, Aug.A Nov.
do
do
do
do
May & November.
May & November.
do
do
do
-
do
do
do
do
do
do
do
-
January & July.
do
do
January & July,
do
do
do
do
do
do
do
Jo
do
do
do
do
May & November.
do
•
1880
1890
1883-1890
1884-1911
1884-1900
1907-1911
1898
18»5
1901
1898
Bid. Ask.
100
104
lot
IC4
106
ior
ns
110
1(9
108
124
\x2
109
109
105
168
123
107
1894-1897 118
107
1879-1890 102
113
1901
1888
]02k
1879-1882 102
113
1896
118
1894
1889
109
119
1C8-
lift
115
105
105
115
119
1 New st.]
do
January * July,
do
do
Rrjrtgft,.,
86
of bo
o*
Broker, 40 Wall Street.]
[Quotations by N. T. Beers, Jr., Broker,
Brooklyn—Local lmpr’em’t—
City bond*
"do
97
00
106
103
111
12»
127
1879-1880 101
1881-1895! 102
1915-1924 125
1900-1924 123
1904-1912 121
1899-1905 112
1881-1895 103
1880-18X3 103
1880-1885 101
113
1924
1907-1910 112
127
114*
112108
10T
115
•All'brooklyn bonds flat.
32k
100
75
80
05
115
i 30
101
100
var.
Westchester County...
8*
inn
dividend on stocks, bat the date of maturity
50
July. 78. 33>
July. 79. 3J> i 115
Including re-insurance, capital and *crip. + lnclU3 ve
minus sign (—) indicate extent of itnpai ment.
y<W York:
Water stock
1841-<53
Croton water stock.. 1845-51.
do
..1852-60.
do
80
65
80
9550
115
108
12
85
Arr.
10
12
11
20
20
20
18
20
10
10
12
30
20
20
20
20
Rate.
96k
3k Aug, 79 130
7
Nov., ’80 102
3
Juy, ’79 135
3
7
21,126
22,054
454,28)
114,976
400,203
102,046
198,687
104,055
497,251
Interest.
*
July, 79
•J n y, ’84
10
12
12
13
10
20
10
20
10
10
20
10
12
20
30
20
10
20
18
20
14
20
17
Bid. Ask.
City Securities.
Market stock
J’ly.1900
569 10
12
12
10
10
20
10
20
10
10
20
10
11
14
30
20
10
20
20
25
104.095 10
20
304,366
133,855 20
94,260
86,070
7,453
+288,638
188,010
3,420
143,113
93,141
35,537
260,704
31.104
203.802
119,904
210,935
179.803
38,280
153,269
98,541
165,052
[Quotations by Daniel A. Moran,
do
..
1st mortgage
F 0.000
500,000
200,000
200,000
Dock bonds
I
100
100
15
50
50
100
25
50
Guardian.
Last Paid
—
Eagle
Empire City....
[Quotations by H. L. Grant, Broker, 145 Broadway.]
Bleecker St.dk Fulton* erry—stk.
1st mortgage
30
50
Continental.,.. 100
55
100
5
5
...
1878.
120
95
7
3
7
1997
3 k Jan ,
3
Feb.,
2
Jan.,
750 000 M. AN.
Bid. Ask.
5
100
Clinton
Columbia
Commercial
..
91
125
City
1870. 1877
i5*
25
25
17
20
70
Citizens’
1879.*
5
10
4,677 10
200,000
15
200,000 -10,944 25
15.
400,000 +460,19, 15
10
10
200,000
08,820 10
4
N’ne
8
200,000
10
10
10
200,000
20
20
300,000 398,757 20
20
20
200,000 £98,201 20
20 s
20
20
153,000
197,092
20
20
300,000 463/81 20
210,000 163,191 20
17k 10-72
12
18
250,000 145,144 20
5
N’ne
1,422 10
300,000
18
25
100,780 25
200,000
13
40
12-50
11-45
1,040,755
1,000,000
20
20
300,000 531.070 30
10
14
80,008 14
200,000
10
15
105,240 20
200,010
135.882
15
15
15
200,000
10
12
15
68,253
204,000
N’ne
10
10
150,000
11
12
73,673 12
150,000
200,000 147,083
10 *
1,000,000 82-4,547 io" 10
22
30
500,000 703.104 30
10
20
124,936
20
200,000
30
40
200.000
339,629 40
7
28,078 10
10
200,000
17k
20
150,000 127,604 20
)10
10
500,000 639,560 10
10
50,883 10
10
200,000
10
1,179.594
10
10
3,000,000
Importers’* T.. 50
100
Irving
date June 14,18T9, for the National banks, and
Par.
Bowery
Broadway
Brooklyn
Howard
Gas and
Gas Companies.
Adriatic
25
j®tna.
100
American
50
American Excb 100
100
Amity..
Atlantic
50
•
124
July, ’79.
July, ’79.
May, ’79. 2k 80
130
July, ’79. 4
July, ’79. 4
Ug ’79.
Juiy, ’79.
80
July, ’77.
July, ’79.
July, ’79. *4*
’78.
’79.
’79.
79.
’79.
Jan., ’78.
Vi July, ’79.
10
May, ’79.
8
.
3
3 k 116
4
131
2
3*
10
12
5
7
8
8
113
Amount
Price.
Dividends.
Surplus,
July 1,
Companies.
juiy,
July, ’79.
May, ’79.
July, ’79.
6
May, ’79.
6* Juiy, ’79 3^
July, ’79. 2k
July, ’79. Sfc
10
10
6
8
6
n
9
3
5
8
’79. 3
’79. 3k
July, ’79.
10
10
7
7
3
3k 130k
_
....
F.'&A. Tk
337,200
1,000,000
1,200,000
3k
0
80.700
47.500 M.&N.
700.500 J.& J.
72,fOO T. & J.
75.600 F.& A.
71 000 J.& J.
54.600 J.& J.
82.2' 0 J. & J.
169.900 J.& J.
211.500 Q—F.
309.500 I. & J.
158.300 J. & J.
If 3,100 J. & J.
58.700
Republic
100 1,500,000
8t. Nicholas..., 100
500,000
Seventh Ward. 100
300,000
Second
100
300,000
Shoe & Leather 100
500,000
Sixth
100
200,000
State of N. Y.. 100 800,000
Third
100 1,200,000
Union
West Side*
ok
....
Q-J.
I. & J.
M.&N.
A.& 0.
F.& A.
967,900
1,000,000
2,000,000
1,000,000
300,000
100 3,000,000
100
100,000
100 1,000,000
100 2,000,000
100
200,000
100, 300,000
100' 750,000
70
700,000
30
240,000
25
300,000
50
422,700
40
50
7
0
100
0
JO
8
412,500
1,000,000
501 125,000
Tradesmen’s...
8
0
11
10
9
100
25
20
Phenix...
5k
12
16
8
8
27,900
100,600 J.& j.
3,221 600 Ri-m’ly
100i2,000,000
Produce*
Ask.
Par.
100 3,000,000 1/85,0 0 J. & J.
America*
M.&N.
Am. Exchange 100 5,000,000 1,214 400
100
250,000 103,100 J. & J.
Bowery
25 1,000,000 1,252,100 J. & J.
Broadway
02.300 J. & J.
Butchersf&Dr. 25 300,000
340.90) J. & J.
100 2,000,000
Central
Chase
Bid.
Last Paid.
1877. 1878.
[Quotations by C. Zabriskie, 47 Montgomery
Jersey City—
Watei loan Jong
'
do
18S9-71,
Sewerage bonds.. . i. .18*56-69.
Assessment bonds...1870-71.
Improvement bonds
Bergen bonds
1868-69.
0
7
7
7
7
7
St., jersey City.]
97
1895
January & July.
1399 19 -2 1)»
January A July.
1378-1870 97
do
do
Jan.. May, July & Noy. 1878-1879 97
97
189'-91
J. & J. and J & D.
Januarv and Julv.
icon
O'*
99
•
1 ?4
»►
9l>
94
<*»
196
T£E CHRONICLE.
‘‘The structure itself, being of the most substantial
character,
required no outlay for its maintenance; the track, roadway and
ballast, however, which are maintained in a high degree of per¬
fection, require continued labor and attention.”
investments
AND
STATE. CITY AND CORPORATION FINANCES.
Kansas Pacific.
The Investors’ Supplement is published on the last
Saturday
of each month, and furnished to all
regular subscribers of the
Chronicle.
No single copies of the Supplement are sold at the
-'.ffice, as only a sufficient number is printed to supply regular
subscribers. One number of the Supplement, however, is bound
up
6781
with The Financial Review (Annual), and
that shape.
ANNUAL
can
be purchased
REPORTS.
30,274
$3,610,224
Expenditures.
For maintenance of way.
For rolling stock
For transportation
$709,049
767,041
524,459
150,208
Miscellaneous
$2,150,759
.
Balance net
earnings, $1,459,464 ; less taxes, $260,802 ; leaves
net revenue, $1,198,662.
Payments from net earnings—con¬
The annual report gives the
operations of the Bridge and struction and equipment,
$246,927 ; other, $32,520—$279,447.
Tunnel during the fiscal year
ending April 30,1879, as below.
During nearly eleven months of this period (to March 17, 1879), Surplus, $919,215.
STATEMENT OF OPERATIONS., ETC. ,'1875-78.
he property was administered by the receivers,
*
and since by the
1875.
1876.
S 1 .Louis Bridge
1877.
1878.
Company—but the report, statements and
123,203
124,740
143,117
198,173
exhibits are prepared and rendered irrespective of these
19,292,049
periods Passenger miles..
18,232,525
18,936,167 22,173,135
.
and treat the year and its results
as a
Freight (tons)....
Freight miles....
Earnings from—
whole.
EARNINGS.
Upper Roadway—Passengers
$42,838
Lower
112,839— $155,677
Vehicles and animals
Roadway—Freight trains
$442,046
Passenger trains
Rents
203,862—
645,909
2,915
Total gross earnings
$804,502
EXPENSES.
Upper Roadway
Lower
$44,411
Roadway and Tunnel
409,892
80,500
Undivided expenses
$534,804
The net earnings were $269,697, of which
$233,375 was for
251,064
72,119,554
Passengers
Freight.
Other
sources....
Total
933,481 04
2,157,168 34
273,111 08
289,992
71,540,034
337,520
$
766 449 53
690,062 10
1,968’,218 42 2,329,430 17
266,132 71
265,24179
earnings.. 3,363,760 46 3,000,800 66 3,284,734 06
Operating exp. A,
taxes
1,790,879 95 1,782,818 53 1,916,956 74
Net
.
revenue
Earnings
per
road
1,572,880 51 1,217,982 13 1,367,777 32
mile
Operat’g expenses
Net
earnings
Prop’n of expenses
667,736
*mm
85,393,211
140,013,144
' $
782,806
2,594,189
233,229
3,610,224
2,411,562
1,198,662
5,001 13
2,662 68
4,461 49
2,650 64
4,883 60
2,850 07
5,367 56
3,585 14
2,338 51
1,810 85
59-41 p. c.
2,033 53
58’36 p. c.
1,782 42
66*77 p. e.
53-25 p. c.
Bridge account ana $36,322 for Tunnel account.
The general account of the old company, before the
present
Compared with the results of the previous year there was an re-organization, stood as follows :
increase of $113,898 in the
gross receipts and of $50,099 in the
General Balance Sheet, December 31,1878.
net
receipts.
The increase
from the
following
m
the gross receipts over last year
sources:
$25,142
13,249
76,536
'
$114,928
1,030
Lees decrease in rents.
Gross increase
gradual
since
opening:
i
Gross.
Net.
earnings.
219,777
219,598
804,502
16,3e4
45,027
79,782
81,227
269,697
105,129
None.*
its
-Traffie.Loaded
Railway
Year end’g April 30— earnings.
1875
.....$287,527
448,446
655,054
1178
690,604
1879
freight
$164,335
cars,
paeseng’rs.
None.t
496,886
604,483
667,294
719,178
*
Payments on coupons, floating debt and construction, were, with
Operating expenses, m excess of receipts during that year.
t Railway passenger trains commenced to run oyer the
Bridge June 13,
1875.
PERCENTAGE
The percentage of expense to
In 1876
In 1877
.-
OF EXPENSE.
earnings
63-36 per cent I In 1878
66-45 per cent | In 1879.
and is divided among
follows:
$34,359,540
3,660,342
147,178
337,490
3,260,671
392,399
712,912
Balance
Total
$42,870,534
Capital stock
Funded debt
U. S. Subsidy
Bills payable
Other liabilities
Total
the
expense
68’22 per cent
66-47 per cent
items of the past
year as
66-47 per cent.
Regarding percentage of
expense to
GENERAL INVESTMENT
$9,689,950
22,130,100
6,303,000
858,348
3,889,135
$42,870,534
earnings in the freight
And passenger department, it cost 57 per cent of the tolls which
we have received for
freight, and 44 4-10 per cent of the tolls
which we received from
passengers, to move this traffic across
the Bridge and to dispose of it.
The manager, Mr. Wm. Taussig,
says iu his report:
“
The receipts from Upper Roadway traffic were
$25,142 in
of those of last year, much of which excess is to
be
attributed to the closing of the river
during six weeks of last
winter. The excess in
receipts from vehicles, &c., was
$26,497,
and there was a falling off of $1,381 in the
receipts from the
horse railroad.”
*
*
*
“
The apportionment to the Tunnel of the
joint earnings from
NEWS.
Atlantic & Great Western*—A report from London, August
15, said: “ The Atlantic & Great Western Reconstruction Trus¬
tees announce that they will issue certificates for prior lien
bonds to the amount of $2,500,000, bearing 6 per cent interest,
to enable the Trustees to complete the foreclosure. The
price
of the new certificates will be 90. Messrs. Lewis and
Tyler are
co-operating relative to this issue.”
Canada Pacific
to the
Railway.—A special dispatch from London
Toronto Globe says: “ The Colonial
Secretary has not
found it advisable to recommend a guarantee for the Canada
Pacific Railway extension desired by Sir John Macdonald, but
imperial support
was—
Expenses of Upper Roadway
5-52 per cent.
Expenses of Lower Roadway
6*00
“
Undivided expenses, including taxes, interest,
insurance,
pool deficit, &c
9 95
“
Hauling freight and paeseng’r trains and terminal exp’se8.45-00
“
excess
Road and equipment..
St >cks and bonds
Materials and fuel....
Bills receivable
Current accounts
Cash
$113,898
The following comparative table will show the
progression in the business of the bridge and tunnel
*
Earnings.
Miscellaneous
Bridge & Tunnel Railroad.
(For the year ending April 30, 1879.)
?'
ending December 31, 1878.)
From returns made by the
company for the year 1878, we
have the following report of operations :
Passengers carried, 198,173 ; carried one mile, 22,173,135.
Freight moved, 667,736 tons ; moved one mile, 140,013,144 tons.
yexr
From passengers
$782,806
From freight
2,594,189
From mail and express..
202,954
Upper Roadway, increase
Lower Roadway, passenger increase
Do
freight increase
ii 1
{For the
St. Lonis
arose
k
[VOL. XXIX.
may
be given to the proposed extension in
another form. A part of the scheme laid before Sir Michael
Hicks-Beach suggested the
appointment of an imperial com¬
missioner to act m
to have charge of the
of the railway. The
conjunction with the Dominion commission
lands hypothecated for the construction
Canadian representatives now here have
impressed upon the Government the importance of having an
imperial commissioner co-operate with the Dominion commis¬
sion. The amount of money required to complete the line
along the shore of Lake Superior to Thunder Bay, and thence
to Red River, is estimated at $18,000,000. * Without an im¬
perial guarantee a new loan may be obtained by the Canadian
Government to complete the line, but it would add strength
to the financial position if an imperial commissioner should
take part in the administration of lands or revenues upon which
the loan majr be based. The enterprise has been represented
as a great emigration scheme, in which the mother
country is
chiefly interested. Under these circumstances the Canadian
Ministers have asked for the appointment of an imperial Com¬
missioner, whether the Government approve or continue to
refuse a guarantee.”
Central of Long Island*—The Central Railroad of
Island was sold at auction under foreclosure of the first
Longmort¬
gage of $1,000,000, made to Charles A. Hoyt and Albert Baker,
as Trustees.
The only bidders were E. B. Hindsdale and E. P.
railway traffic was made upon the same basis that prevailed Fabbri. Mr. Hinsdale
bid $47,500 and Mr. Fabbri $50,000. The
heretofore, with the following results:
purchaser
a
is
member
of the firm of Drexel, Morgan & Co., who
otal gross earnings
$107,651 now hold the majority of the bonds. All the
xpenaes
rolling-stock and
71,329
equipments and machine and repair shops are included in the
$36,322 sale. According to the terms, the bonds and coupons of the
road are to be received in part payment. The road extends
The above expenses were incurred for the
following items:
from
Flushing to the line of A. T. Stewart’s estate at Garden
Gen >ral operating and maintenance
$6,447
Pool leflciency
City.
;
2,247
Misoell ineous expenses
2,311
Chicago Milwaukee & St. Paul.—A new issue of the first
Proporlion of transit expenses for hauling passeng’s and freight. 60,323
mortgage bonds of the Iowa & Dakota Division has been ad¬
$71,329 mitted to the Stock Exchange list. The new first mortgage
“
.
$
W
August
THE
23, 1879.]
1197
CHRONICLE!
due coupons. 2. That the New Jersey Central and the coal
Chicago Milwau¬ company, who own $6,116,000 of the whole issue, agree to make
issued from time to the $5,384,200 that are in private hands preferred as to interest,
time upon 200 miles of the extension, which is to be completed
that they shall be paid first, and the coupons of the bonds in
this year, to the amount of $5,000,000, and will be numbered the possession of the railroad company shall be canceled on
h* interest upon them.
from 1,501 to 4,500. The amount already placed on the list is maturity in case of failure to earn the
$1,500,000, making the total $4,500,000. The interest on these
That the possible
railroad company
bonds is at the rate of 7 per cent per annum, payable January 3.
and
the
shallupon
do
everything
to prevent
or default
land July 1.
A a* foreclosure
1 brief,company
"the holders
* Incoal
the claims prior to this mortgage.
of
Chicago & Northwestern.—The directors of the Chicago"& these bonds surrender the guarantee of the New Jersey Central,
Northwestern Co. were in session on the 22d,deliberating in regard and in return have their bonds made preferred before a major¬
to the proposed lease of the Burlington Cedar Rapids and ity of the whole issue, both as to principal and interest, the
Northern road. The officers of the company decline to make
any statements in regard to the probable action of the meeting. I coupons on the common bonds not to be paid unless the interest
ini
j|,
«
r» M.
m Shoeinaker,
' i™ ii,,,
earned.
certainly is”an exchange very much to the advantage
of the Itbondholders.*
Cincinnati Hamilton
&
Dayton.—R.
the is
Long Island Railroad.—This company, on April 2, 1877,
president, is advised by cable that the parties in England own¬ executed
and delivered to Herman Funke, of Flushing, and
ing or representing bonds of the Cincinnati Hamilton & Indian¬
apolis Railroad Company to the amount of $150,000 have Paul Lichenstein, of Brooklyn, as trustees, a deed of trust or
assented to the settlement of the interest question by arbitra¬ mortgage amounting to $221,900. This was done for the pur¬
tion, as ratified by the stockholders of the Cincinnati Hamilton pose of issuing certificates upon which to raise money for the
& Dayton Railroad Company at their annual meeting.
completion of the Long Island Railroad. Immediately after the
Cincinnati Sandusky & Cleveland.—The bondholders* com¬ mortgage was transferred, certificates were issued by the com¬
mittee announces that holders of over $1,000,000 of the $1,100,- pany covering the above amount. On April 2 of this year four¬
teen of these certificates, amounting to $14,000, and held by
000 second mortgage bonds have joined in the agreement and
Robert H. Powell and John C. Bradley, both of Philadelphia,
funded their coupons as required.
Holders are urged to fund reached
maturity and were presented for payment. The pay¬
as possible, in order that the receivership may be ter¬
ment of them was refused. On May 2 they were again pre¬
bonds of the Iowa & Dakota Division of the
kee & St. Paul Railway Company are to be
so
i,
_
„
as soon
minated and the road
restored to the company.
Denver Pacific.—The Denver Tribune of August
“
Auditor Robinson received telegraphic information
from Judge Usher, solicitor for Jay
a
the first mortgage l>onds of the Denver
14 sa
yesterday
Gould, that majority of
Pacific Railway & Tele¬
graph Company had been purchased of the European syndicate
by Mr. Gould. As a matter of course the terms of the sale are
not known, and it is doubtful if they ever will be. Gould has
purchasedvalue
a majority of the bonds outstanding, which would be
face
$1,114,000. These bonds were quoted in New
m
York last week at 70 cents.
“There were originally $2,500,000
of the first mortgage
bonds,
payment demanded. But they were again
the grounds that neither the company nor
had sufficient funds with which to pay them. * A few
sented and their
its
days ago Messrs. Powell and Bradley entered a complaint
against the above-mentioned trustees in the United States Cir¬
cuit Court for the Eastern District of New York.
refused,
receiver
on
In the formal complaint * * *
action iu which the receiver was
it is complained that
the
appointed has never been
brought to trial, and it is stated that the company this year has
its property, as security for the
payment of certain mortgage bonds, to the amount of $1,500,000, and that the officers and receiver of the company are
endeavoring to compel the complainants and other creditors to
accept these at their face value in settlement of their claims
executed
a
mortgage upon
which, under the mort¬
and cancellation of these
bonds, the obligation has been reduced $271,000. The result of against the company.—New York Tribune.
this purchase is obvious. The suit pending will be dismissed in
Massachusetts Central.—A special meeting of the stockhold¬
October or withdrawn possibly before that time. The mortgage
ers cf the Massachusetts Central Railroad Company was held
will then be foreclosed and the road bought in by the majority
of the bondholders, which will be Jay Gould. This last may recently, at which it was voted without opposition to accept tl: e
act passed at the last session of the General Court, authorizing
not be done, however, so long as the road is in a condition to
the extension of the road from Stony Brook to a junction with
pay its interest and earn a good dividend. And this, it would the Boston & Lowell Railroad, in Cambridge, and from Amherst
ilroad. A vote was
seem, is easily accomplished.
The Denver Pacific is a very
Troy
cheap road to operate; 50 per cent of gross earnings would I to
a
junction
with
the
&
Greenfield
also unanimously passed, authorizing the directors to make a
probably pay the entire cost of operation and natural improve- 1 1
- A1*
’
3
ments. By according to the road liberal arrangements with mortgage covering these extensions, for the further security of
the $2,700,000 of the bonds of the company. A meeting of the
the Union "Pacific ana Kansas Pacific roads, its passenger earn¬
directors was held after the adjournment of the stockholders’
ings would be enhanced materially, and it would enjoy a big
meeting, and the following was adopted:
cattle, coal and ore carrying business."
Voted, That in the opinion of this board it is desirable for
Iron and Rail Market.—The Iron Age reports the iron and the Massachusetts Central Railroad Company to make perma¬
rail market as follows:
nent arrangements for its business to and from the West, by
American Pig.—There is no change in the condition of the contracts with the Boston Hoosac Tunnel & Western Railway
but from the proceeds of land sales,
gage, are devoted to the purchase
report of last week—the same eagerness Company or the Troy & Boston Railroad Company and their
purchase prevails, and the difficulty in placing orders for respective connections from the Hoosac Tunnel Westward.
early deliveries seems to be on the increase. Sales are reported
New York Lake Erie & Western.—At a meeting of the
of 800 tons No. 1 part North River Iron at $22; between 1,200
(veraing committee of the Stock Exchange, on Thursaay, there
and 1,400 tons No. 1 X at $21 @ $22, and 500 tons Allentown on
private terms, besides several lots of 100 to 200 tons at very full were added to the regular list the common and preferred
prices. Gray Forge iron is in request, but hard to find, and stock of the New York Lake Erie & Western Railroad Com¬
quotations in the present condition of the market are merely pany.
The application of the New York Lake Erie & Western Rail¬
nominal. We quote foundry No. 1, $20 @ $21; foundry No. 2,
road Company shows that the total amount of stock is
$18 50@$19 50; Gray Forge, $18@$18 50.
Scotch Pig.—The demand continues active, and sales are 536,900, oi which the common stock is (in 780,000 shares
aeh) $78,000,000, and the preferred stock is (in 85,369
reported of 700 tons, to arrive, at prices which have not trans¬
of $100 each) $8,536,900. This stock is to be exchanged
shares
pired, and 500 tons Cambrqe at $21 50. We quote, nominally,
for
stock
of the Erie Railway Company, the holders of assented
Eglinton, $21 @$21 50; Coltness, $23 50; Glengarnock, $22; and
Gartsheme, $22*50. A sale fe also reported of 10,000 tons certificates of Erie Railway shares to receive the same num¬
ber of shares of the new stock, one-half in voting stock and the
English Bessemer Pig on private terms.
The proposed method of issu¬
} Kails.—The market for both steel and iron rails presents no other half in non-voting stock.
new feature._ The demand is still fkr in excess of the supply,
ing non-voting shares is to give to each holder of Erie
and the orders being placed now are, itiih few exceptions, for stock for one-half of his shares a certificate of the London
next year’s delivery. A sale of 10,000 tons steel rails for deliv¬ trustees, stating the number of non-voting shares to which he
ery in Chicago next spring, at $50, ia reported. In iron rails is entitled, whieh certificate is immediately exchangeable at the
transfer office for such shares.
Hereafter, a “good de¬
no transactions in the domestic article have been reported dur¬
ing the week. We hear, however, that since our last writing livery^* for 100 Bhares of Erie Railway, or for New York
orders for between 10,0QOAnd 12,000 tone new English iron rails Erie & Western stock, shall consist of fifty shares of voting and
have been placed; but the terms are withheld. We quote steel, fifty shares of non-voting stock, and after Oct. 1,1879,*
New York Lake Erie & Western stock shall be a “ good de¬
at tidewater, $45 50@$46, and iron, at mill, $39@$40.
Old Rails.—We cannot hear of a single transaction worth livery.’*
Owensboro k Nashville.—At a recent meeting of the stock¬
reporting, and quote nominally $25@$25 50 here.
holders,
it was voted to authorize the issue of $1,750,000 bonds
Lehigh & Wilkesbarre Coal Company.—The Philadelphia
to complete the road. Also to empower the directors to con¬
North American says:
“One of the New York papers (the Daily Indicator) says that tract with the Nashville Chattanooga & St. Louis Company to*
build the unfinished portion of the line and to sell the bonds to
a rise in the Lehigh & Wilkesbarre assented securities has been
manipulated by certain professional operators in Wail street, and 1)6 issued
The road (in which the Nashville Chattanooga & St. Louis
the bonds which formerly were a drug at 27 are now active at 80.
a from OwensIt is said that these bonds are now no longer guaranteed; that
ElizabethIron market since our
to
$86,of
Railway
Lake
only
they
are
draw
no
behind some $4
'
December
ing statement, and gives no accurate idea of the real position
of these bonds. The total issue is $11,500,000, and in the con¬
solidation scheme it is true that the guarantee has been sur¬
rendered. But what is the guarantee of a bankrupt worth ?
The real advantages secured to the holders of the bonds are:
1. That the New Jersey Central issues to the Lehigh & Wilkesbarre Coal Company its income bonds for the three years’ over-
interest until
miles further.
Pennsylvania
Railroad.—The following report of improve¬
in various directions by this company
ments about to be made
first
we
appeared,
believe, in the New York Tribune. The
general course here indicated would seem to show that the
officers of this company still intend to pursue the policy of
1 extending their capital account very heavily, even
while the
198
THE
CHRONICLE.
company’s dividends are only 4 per cent per annum. The sub¬
ject is a matter of some interest not as to the Pennsylvania
Itailroad alone, but also on the more general question of the
financial management of prominent railroads. The
Pennsylvania
Railroad has been pre-eminent as an
example of those compa¬
nies which so greatly extended their
capital account by issuing
fronds, or their annual obligations for the payment of interest
or dividends to leased
roads, that they were obliged to suspend
dividends on their own stock. It is now a fair
question for
stockholders to ask in the case of each particular
expenditure
or obligation assumed, whether it is
likely to bring a correspond¬
ing benefit. In other words, whether each $1,000,000 expended
will be pretty sure to bring in $50,000 per
year or more.
The extensions and improvements which the
Pennsylvania
Railroad Company is now making are
extraordinary in their
magnitude. Besides the contemplated elevated railroad, by
•which the termini of the line will be
brought nearly into the
heart of the city of Philadelphia, the
improvements at the old
Navy Yard^wliich will give the river one of the best wharves in
the country, and the proposed connection with West
Chester,
the corporation is engaged in a number of
which
enterprises
will not only greatly increase the
business, but will also prove a
direct benefit to the city.
A new feeder to the"main line is at once to be
built from New
Bloomfield, the county seat of Perry county, eight miles to the
Pennsylvania Railroad, at a point between Duncannon and New¬
port, at Losli’s Run. The surveys for this will be finished in
about six weeks, when the work of
grading will be commenced,
to be followed by the
laying of the track in the spring. This
spur will afford an outlet for the rich ore banks of the
“
“
[Vol. XXIX.
County, opposite Brownville in Nebraska, making the whole
length about 240 miles, or about thirty-four miles longer than
the Hannibal & St. Joseph main
line, ’which is 206 miles. The
road is now completed within a few miles of
Milan, in Sullivan
County, a stretch of about 100 miles, and it is in operation that
distance. The road is intermediate between the St.
Joseph &
Hannibal Railroad and the Chicago system of
roads, to wit:
the Chicago & Burlington and the
Chicago Burlington & South¬
western railroads.
The new line crosses the
Burlington &
Southwestern at Milan,, and the
Chicago
&
Rock
Island at
Trenton, in Grundy County. At Albany, in Gentry County,
this
new road will be found
to
run near
to, and almost
the extension of the St. Louis Kansas
from Pattonsburg, now in process of
parallel with,
City & Northern Road
building, and nearly com¬
pleted to Omaha. It would seem in the nature of things that
these two roads should form a j unction at or near
Albany. The
Q. M. & P. traverses nine counties going West, viz. :
Marion,
Lewis, Knox, Adair, Sullivan, Harrison, Gentry,
Nodaway,
and
Atchison.
“
The region traversed by this line is
perhaps unexcelled in
fertility by any part of the* State. It is well watered and well
timbered. The valley of the
Nishnetotone, through which the
western portion of the road runs, is
already full of people, who
are asking additional facilities to
get to market, and wanting to
trade with St. Louis. It is
understood that the line is to be
completed under the auspices of the Wabash road. Already
the directory have received
propositions from persons who de¬
sire to build feeders to the lines which leaa
directly to St.
Louis, thus making it in effect a St. Louis road. The road is
to be pushed
rapidly forward from Milan. The present officers
county, hitherto almost inaccessible. The Bellefonte & Snow are
Henry
Root,
"of Palmyra, president; Amos Greene, of
Shoe Railroad is soon to pass into the control of this
company. Quincy, vice-president and general manager ; Colonel Edward
This is a Philadelphia road, with a
paid-in capital of $600,000, McCabe, of Palmyra, attorney, and Frank
and $99,000 first mortgage six per cent bonds. The
Schermerhorn,
object of superintendent.”
the assumption of this road
by the Pennsylvania Railroad Com¬
United States Treasury
pany is ^obtain a shorter route to the East from the bitumi¬
Charges.—The
Circular—Express
circular issued by the Treasurer
nous coal fields of the State.
of the United States regulating
the
issue
and
The Pennsylvania Railroad
redemption of United States notes and of frac¬
Company also intends to reach tional silver and
out for coal in another direction by
minor coins, the issue of the standard silver
constructing a branch of the
Southwest Pennsylvania Railroad from Paintersville to Con- dollar and the redemption of fractional
currency and national
bank notes, contains the
nellsville. The Pennsylvania Railroad in
following regulations relating to
Maryland will also be
completed within the next two months. By this road the express charges on moneys to be issued and redeemed:
Pennsylvania Railroad will be brought directly to the Great
On United States notes sent for redemption and ©n
national bank notes
Cumberland coal fields, and will become the chief
the charges at contract rates are deducted from the
proceeds. On frac¬
transporter
tional silver coins and on minor coins sent to the mint at
of the bituminous product.
Philadelphia,
the Treasurer or any Assistant
Treasurer, the charges must be prepaid
Another important work is the
by the sender. On fractional currency in sums less than $500 the
of
straightening
the
main
line between Downington and Glenloch. For six miles
there is charges must be prepaid by the sender, and on returns, therefore, the
A series of sharp
charges at contract rates are deducted. On United States notes
curves, two of them being the
governing returned in any other amouuts than multiples
curves on the division.
of $1,000 for national
The intention of the
bank
notes redeemed, the charges are collected of the
company is to
consignee. On
fruild an entirely new line,
perfectly straight, in place of the United States notes returned for United States notes, fractional
silver
ourved portion.
This will result in a slight saving of distance coins or minor coins redeemed, the charges at coutract rates are
deducted. On fractional silver coins returned for certificates of
and a saving of the wear and tear of
rolling stock, estimated to checks, United States, notes or national bank notes, the deposit,
fre equivalent to hauling 200 cars a
charges
day for nothing. This work are collected of the consignee. On transfers of funds from national
lias been given out in five sections.
bank depositaries the charges
must be paid by the banks.
Express
The most important work of the
charges will be paid by the United States on remittances of public
year is the Harsimus Cove money between the offices
of the Treasurer and of the Assistant Treasurers
improvement. By virtue of its long lease of the United Rail¬ of the United States on fractional
currency sent to the Treasurer for
roads of New Jersey, the
company controls a considerable water redemption in sums of $500 or more, and on United States notes and
“
“
“
Yront at Harsimus Cove, about half
a
mile north of its
fractional silver coins returned therefor; on standard silver
dollars-sent
from the miut in multiples of $300 on orders from the Trea
City terminus, and just below the American stock yards.Jersey
on
It is minor coins issued by the mint at Philadelphia in multiples ofHirer;
$20, in
proposed to replace the pier at that point by a fine elevator and exchange for lawful money of tlio United States,
sight drafts on New
two new piers, which will be the
or Philadelphia, post-office
money orders, or in return for minor
largest on the river. One of York
coins redeemed, and on United States notes sent in
these new piers will have dock room on one side of it
multiples of $L,000
only, the in return for national bank notes redeemed.
space on the other side being filled by twenty-four
tracks,
.affording standing room for six miles of freight cars. The
Virginia Funding Bonds.—Messrs. John A. Hambleton & Co.,
pier proper will be 120 feet in width by 1,310 in length. Above of Baltimore, remark in their circular: “The
funding of Virginia
this there will be a second
pier 175 feet in width by 1,320 feet consols, peelers and Old Virginia bonds is
progressing very rap¬
in length. At the head of these
piers will be a bulkhead, upon idly. We are informed that $12,000,000 of the different classes
which is to be an elevator with a
capacity of 1,500,000 bushels. of "bonds have already been sent to be exchanged. The con¬
The piers will be long enough to admit three ocean
steamships tract made by the syndicate was that they should fund $8,000,in a row on each side of the
piers, so that nine in all can be 000 of bonds by January 1,1880. They are now far ahead of
accommodated at once, and three loaded
that amount, and there can be no doubt of the success of the fund¬
Proposals for this wrork will be invited soon, assimultaneously.
the plans have ing scheme. When we look upon the action of Tennessee, North
already been approved by the directors.”
Carolina and Louisiana as compared with that of
Virginia, we
must give all credit to the people of that State, and
congratu¬
Pennsylvania State Loans.—Holders of the six per cent late them that
they have upheld the honor of their State, and
Pennsylvania State loans of the second series to the amount of have not
sought to take advantage of their sovereignty to
#1,500 and under $8,000 are notified that interest will cease
defraud their creditors, as other States have done.
thereon on the 15th of
September, 1879, *nd that the principal
The funding scheme is most favorable to the holders of all
will be redeemed on presentation at the
Farmers’ & Mechanics’ classes of
Virginia securities that are not at this time produc¬
National Bank, Philadelphia, after that date.
Holders to the
ing any revenue. It is most desirable to them to convert their
amount of $8,000 and
upwards are notified that interest on bonds into the 10-40’s
by buying the requisite proportion of
their loan will cease on October
1, 1879, and the principal will be consols, or by
selling their bonds and buying the 10-40’s. It is
redeemed on presentation at the same bank after
that date. more to their
advantage to buy the consols and fund, than to
Interest on the Inclined Plane State loan will also
cease on the
sell; but as a great many persons do not desire, or are not
1st of October, and the
able,
principal be redeemed thereafter on to increase the number of bonds that
they hold, they will
presentation of certificates at the bank.
necessarily be compelled to sell. Of course there must be a
Pine River Valley & Stevens Point RR.
Co. (WK)—This profit to the buyers, otherwise there would be no market for
road has now* 16 miles in
operation, and earnings reported from- them ; but the difference is not very great. An election for the
January 1, 1879, to July 1, 1879, (gross), $8,001;
operating ex¬ Legislature of Virginia takes place this fall, and already the
penses for same time, $3,813, making net
earnings for the six opponents of the funding bill are busily at work electioneering
months, $4,187. The mortgage on this road is $2,500
for their candidates, with a view of repealing the
per mile
funding act
at 7 per cent, and the stock * 4,000
per mile, showing the above passed by the last Legislature. It will be well for the holders
earnings much in excess of bonded interest charge. The above of Virginia bonds to recollect the effect of the repeal of the
figures of this company are furnished by their agents, the previous funding bill, when those who neglected to fund their
New York, New England & Western
Investment Company, bonds into consols could only fund by accepting a bond the
No. 31 Pine
“
street, New York.
Quincy Missouri & Pacific.—The
St. Louis
TtepuVican,
says : “ There is now in progress of
another
railroad line across the Statg, and known as building
the Quincy Mis¬
souri & Pacific. The road starts from
Quincy, Ill., on the Mis¬
sissippi, and will run to a point on the Missouri in Atchison
August 19,
coupons of which were not receivable for taxes, since which
time they have received no interest on their
bonds, while those
who funded into consols have been
obtaining their interest reg¬
ularly by selling their coupons. It is not thought that the
opponents of the bill are strong enough to have it repealed,
possible ; therefore delay, under the circumstances, is
but it is
certainly dangerous.”
'
✓
August
THE CHRONICLE
23, 1879.1
Wages in the United States
compromise between the employers and the employees will
to that country her manufacturing supremacy.
As
capital will not remain idle, nor permanently in unprofitable
investments, it may be expected that English capitalists will
anil Foreign Countries—The
any
restore
Secretary of State, has prepared, from the
reports of American Consuls abroad, a statement of the wages
now paid in several of the principal foreign countries and in the
United States. For present interest and as a matter of record
in the volumes of the Chronicle, the following summary is given:
Belgium.—A review of the reports received from Belgium shows
that the working people of that country are happy and con¬
tented, notwithstanding that their lives are continual struggles
for a meagre subsistence; that they are frugal and industrious,
and live within their means; and that a feeling-of reciprocity
exists between the employer and the employed. It is thought
that this reciprocity of feeling is made necessary in order to
enable Belgium to compete with English, French and German
manufacturers in foreign markets, and thus secure employment
for their own workingmen. A few years of misunderstandings
between capitalists and laborers, such as periodically convulse
England, would paralyze Belgium and ruin both employers and
employees. Such is the reciprocity of feeling between capital¬
ist and laborer that manufactories or workshops are scarcely
ever closed, the employers, in the dullest of times, preferring to
run them even at a loss rather than throw their employees out
of work, and the latter, under such circumstances, cheerfully
complying with a reduction in hours and wages, cutting down
their already bare necessaries of life to tide over the dark hour,
confident that when better times return their full time and
wages will be again restored.
Were it not for this reciprocal
feeling, which unites labor and capital, Belgium would be
scarcely known as a commercial or manufacturing country.
The following table will show the weekly wages paid in Bel¬
gium, compared with those paid in New York:
Brussels. New York.
Hon. Mr. Evarts,
Brussels.
Masons
Carpenters
joiners
Gas fitters
Painters
Plasterers
Plumbers
and
5 40
...
Following
ng
Bread
Beef.
Veal..-.
Mutton
Pork
40
20
40
00
5
4
5
6
.
are
9 ©
10
10
10
12
12
© 14
© 10
© ' 15
©
18
the prices of
Brussels.
Per pound,
Cents.
5
4 ©
16 © 20
16 © 20
16 © 20
16 © 20
Blacksmiths
$4 40
4 40
Cabinetmakers.. 4 80
Saddlers and har¬
ness makers... 4 80
4 80
Tinsmiths
Laborers
3 00
Bakers
the necessaries of life:
Coffee
Brussels.
Per pound,
Cents.
20
20 © 50
20 © 25
30 © 40
Sugar
15 © 20
New York.
Per pound,
Cents.
4*2
8 © 16
8 © 24
9 © 16
8 © 16
Lard
Butter
Cheese
India, which may be said to have already
Under such circumstances nothing will remain for the
British workingmen but emigration. Thus, if they drive capi¬
talists and manufacturers away, they must also go. Already
the British workingmen see the* necessity of getting rid of their
surplus labor so as to reduce it within the actual demand there¬
for, the greater portion of them being working at present—
where they are working—on short time, to enable all to eke out
an existence.
Premiums are being now offered to those work¬
ingmen who are willing to emigrate to Australia or to the
United States by those very trades-unions which have divided
capital and labor into hostile camps, brought ruin on the manu¬
facturer, and poverty to the workingman’s home, filled the
land with strikes and resistance for years, made of the manly
English workingman an organizer of reckless leagues, ana
which now offer to the English people forced emigration. There
can scarcely be a doubt that within the
next five years 500,000
English workingmen will emigrate ; indeed, should the spirit of
emigration once seize the English mind, there can be no reason¬
able limit set to the hegira. That the greatest number of these
emigrants will seek 4 work and bread ’ in the United States may
be fairly assumed. We have, therefore, more interest in those
people than even their own government; they are Englishmen
to-uay ; in 10 years they will be American citizens.” The aver¬
age rates of wages paid in England are given in the following
statement, which is compiled from the various consular reports,
and contrasted with rates paid in New York :
$10
© $14
5 ©
8
9 @ 13
12©
10 ©
6 ©
England. New York.
Bricklayers.... $8 12
Carpenters and
joiners
says: “ The French working people have, more truly than any
working people, illustrated that commendable phase of
political economy—getting the greatest possible result out of
the most limited means. They look squarely and sensibly at
their capital, and then limit their requirements within that
capital; make the most and best of their lot, and fling a halo of
sentiment about their lives of toil. For these reasons, the workpeople of France, with as little remuneration and ^as scanty
fare as those of most any other country—much less than many
and most contented labor
is the
greatest industry of
and 18,000,000 per¬
engaged in that pursuit. The weekly wages paid to
agricultural laborers throughout the republic are set down as
follows: Men, without board or lodging, $53 15; with board and
lodging, $1 36; women, without board or lodging, $1 10. Not¬
withstanding these low wages, it is stated that the French farm
laborer not only supports himself and family upon them, but in
many cases saves enough to become a landed proprietor. In
many districts in France the laborers supplement their agricul¬
tural earnings by secondary employments, such as wearing,
wood-cutting, sawing, wuoden-shoe making, &e. The Consul
at Lyons says that from 8 to 10 per cent of the agricultural
laborers in his district are engaged in these secondary employ¬
ments, which yield to each laborer about $40 per annum. Not
only must the husband labor for the support of his family, but
the wife and children must also labor for the general fund, in
sons are
order to make ends meet. The married farm laborer who sup¬
ports and lodges himself may earn in the Lyons district $150
per annum, divided as follows: Husband’s wages, $80; wife’s
$30; children’s wages, $40. The cost of living to such
family per annum is calculated as follows:
wages,
a
$10 50
Rent :
Bread
Meat
55 00
10 00
8 00
Vegetables
Wine, beer and cider
Milk..
*
7 00
5 25
$25 00
Clothing
Groceries
Fuel
Taxes
Total
:
10 00
8 00
2 00
$14100
Great Britain.—In addition to the information asked for by
the circular letter of Assistant Secretary Seward, the reports
from England furnish a great deal of information concerning
the trades-unions and the results which have followed their
$12 ©$15
8 25
Gasfitters
Painters
Plasterers
7 25
7 25
Plumbers
7
7
8
6
7
7
7
7
8 10
Slaters
Blacksmiths
Bakers
Bookbinders
Shoemakers
Butchers
Cab’etmakers
New York.
Per pound,
Cents.
10 © 12
25 © 32
12 © 15
20 © 30
8 © 10
other
8 16
Masons
12
14
9
reviewing the reports from France, the Secretary
owners,
fields for investment, such as the transfer of the cot¬
begun.
.
.
.
.
...
.
75
90
12
50
83
35
23
70
9 © 12
instance, fresh meat in
England. New York,
$7 30
$12 ©$16
Coopers
Coppersmiths.. 7 40
12 © 15
10 © 13
Cutlers..^.
8 00
Engravers
9 72
15 © 25
....
10 © 14 Horseshoers
10 © 16 Millwrights
10 © 15 Printers
12© 18 Saddlers...;...
10 © 15 Sailmakers
10 © 14 Tinsmiths
5
8 Tailors
5 ©
12 © 18 Brass finishers.
12 © 18 Laborers, port¬
ers, &c
8 © 12
9 © 13
...
7 20
12 ©
7 50
10 © 15
75
80
30
30
© 7 30
7 40
8
12
12
10
10
10
7
6
7
7
5 00
18
18
©
©
©
©
©
©
14
6 ©
9
15
18
14
18
Britain, according to the figures
fully 25 per cent higher than at
higher than at Chicago. For
England is put down at 15 to 26 cents
per pound, against 12 to 16 cents at New York and 8 to 13 cents
at Chicago.
The same disparity in prices of food runs through
the schedule.
The average weekly wages of agricultural
Men, without board or lodging,
$2 40; women, without
board or lodging, $1 80 to $3 25; with board and lodging, 60
cents to $1; female house servants, per annum, $34 to $49. As
evidence that good wages and good farming go hand in hand
with intelligence, the Consul at Newcastle notes the fact that in
the north of England and southeast of Scotland, where public
j[schools have existed for some years, farm laborers are paid
$4 10 per week, while in the southern counties of England,
where primitive ignorance and poor farming prevail, farm
laborers are paid only $2 75 per week.
The Consul at Sheffield describes the habits of the working¬
men of his district, and it is feared that his descriptions
applicable to those of most English cities. The Consul says:
A bold recklessness as to earning and spending prevails among
the Sheffield workingmen. Many a man who can easily earn
his $14 to $19 a week will be satisfied with earning half that
sum, or just enough to provide him with his food, beer and
sporting, allowing his wife but a mere pittance of his wages for
herself and children. Large numbers who might make them¬
selves independent make no provision for the future, except to
pay into their club a shilling or two a week, which assures
them, if not in arrears, some aid in case of sickness. This
method of insurance, good in itself, seems to operate here to
paralyze the desire to save. One thing, however, seems evident,
that, notwithstanding the great depression in the manufactur¬
ing interest of Sheffield, there would be but little destitution
Any
among the working people but for their drinking habits.
one walking these streets will see at once where the earn¬
ings of the workingmen go, and in many cases the earnings of
the working women also, for there is in this town a far greater
population of women employed in the heavier kinds of labor
than will be found in the cities of the United States, excepting
it may be the great cotton manufacturing centres. This fact is
to be considered in estimating the amount of earnings that go to
the support of families, such earnings being larger than might
at first appear. Were the same properly used, there woula be
comparatively little suffering or poverty.”
The reports from England show that most of the evils with
which the laboring classes of that country are afflicted can bo
traced to intoxicating drink. In the Sheffield district it is esti¬
mated that each workingman loses one day of each week
through drink. This loss of time is equal to a loss of one-sixth
of the productive power of the district, and it is pertinentlr
observed that a nation with a labor population given to drink
and strikes, no matter how favorable other auspices may be,
cannot continue to compete successfully in the markets of the '
world with those countries whose working classes are temperate,
laborers
are
given as follows
:
$4 25; with board and lodging, $1 50 to
'
“
attempts to resist the reduction of wages. Thus far, it seems,
ie trades-unions have successfully resisted all efforts to reduce
wages; but this success has jeopardized England’s supremacy in
manufactures, and has been the main cause of the great depres¬
sion which exists in all the manufacturing and mining districts
of the kingdom. In reviewing this portion of the consular
reports, Secretary Evarts says: “A few years more of strikes
and disorganization in England, and it may be doubted whether industrious and thrifty.
t
12 © 18
The prices for food in Great
furnished by the consuls, are
New York, and 50 per cent
The Consul at Ghent says the rates of wages paid to agricul¬
tural laborers are from 17 to 20 cents per day to men ana from
15 to 17 cents per day to women, and their food. When hired
as servants, with food and lodging, they are paid $1 75 to $2
per month.
France.—In
new
ton manufacture to
New York.
$6 00 $12 a) $15
6 00
12 © 18
Bricklayers
seek
-
THE CHRONICLE.
200
[V0L. xxix.
OOTTON.
|pit Cformwerjcwl jinxes.
Friday, P. M., Aug.
22, 1879.
The Movement of the Crop, as indicated by our telegrams
from the South to-night, is given below.
For the week ending
Friday Night, Aug. 22,
this
evening (Aug. 22), the total receipts have reached 4,84£
bales, against 3,462 bales last week, 3,945 bales the previous
week, and 2,503 bales three weeks since; making the total
receipts since the 1st of September, 1878, 1,148,406 bales, against
4,273,515 bales for the same period of 1877-8, showing an increase
since September 1, 1878, of 174,891 bales. The details of the
receipts for this week (as per telegraph) and for the corresponding
weeks of four previous years are as follows:
1879.
T*ade continues to show an almost uniform improvement,
and business circles are not only cheerful but buoyant in tone.
Still, profits are small, and the returns made by legitimate pur¬
suits are dependent upon the closest management and the most
rigid economy. A severe storm along the eost has done some
damage to shipping and to crops; but nothing very serious has
1879.
1875.
1877.
1878.
1876.
occurred. The yellow fever does not spread from Memphis, Receipts this w’k at
224330
499
766
and it is now probable that it will be confined to that city. The New Orleans
1,367
Mobile
118276
1G6
60
325
stringency in the money market has been relieved, rates being Charleston
99*
412
111
86
191
somewhat easier than last week. A large amount of gold has Port
50
89
81
Royal, <fcc
arrived from France, and exchange on European capitals is Savannah
200
893
164
97
1,181
Galveston
402
still depressed.
1,056
2,888
2,411
2,035
1G
601
76
The provision market has been alternately weak and firm, Indianola, &c
197
354
468
212
Tennessee, &o
1,473
but the latter feeling more generally noticed, in sympathy with
Florida
3
5268
27
2
efforts of speculators and the advices from the western mar¬ North Carolina
29
593
99
206
73
kets. To-day, quite a strong feeling was manifested at the Norfolk
321
272
88
151
1,695
109
38
opening, but subsequently a slight reaction took place. Mess City Point, &c
Total this week
3,610
4,843
5% 699
2,644
7,151
pork sold on the spot at $8 80@$9 ; August was quoted at
$8 70@$8 85, September at $8 70@$8 80, and October at*$8 75@
Total since Sept. 1. 4,448,406 4,273,515 3,965,305 4,107,135 3,482,820
$8 90, bid and asked. Lard sold on the spot at 6@6*02%c. for
The exports for the week ending this evening reach a total of
prime Western, closing at the inside price; September options
10,752
bales, of which 10,558 were to Great Britain, 194 to
were sold at 6*05@6c., closing at the latter price ; October at
France, and none to rest of the Continent, while the stocks as
6*10 to6’02%c., closing at 6*05c.; December at 5‘82%c.; refined made
up this evening are now 85,272 bales.
Below are the
lard was quiet at 6%c. Bacon has latterly been less active and stocks and exports for the week, and also for the corresponding
not as firm as in the fore part of the week; long clear western week of last season:
sold to-day at 5c. Beef hams are dull and easy at $17 50@$18.
STOCK.
EXPORTED TO—
Week
Total
Same
Butter and cheese have been quiet and more or less irregular
Week
this
ending
Conti¬
Great
and weak. Tallow steady at 5%@5%c.
Week.
1878.
1878.
France. nent.
1879.
Aug. 22. Britain.
-
.
....
....
....
....
....
—
....
...
,
In Brazil coffees a very good trade has been effected during
the past week, and prices in the main have remained steady ;
fair cargoes 13%c.; stock here in first hands on the 20th inst.,
N. Orl’ns
99,788 bales
Charl’t’n
mild grades have been steady. Rice has sold at
full firm figures. Molasses is still very quiet and more or less
nominal in prioe, except New Orleans, 1,200 bbls. of which sold
at 32@38c.; Cuba 50-test refining quoted at 24c.
Refined
sugars have ruled about steady, with a fair business ; standard
crushed quoted at 8%c. Raw grades have also been in re¬
quest, and holders manifest more steadiness; fair to good
refining Cuba, 6%c.@6%c.
;
Stock Aug. 1, 1879
Hhds.
Boxes.
29,144
1,131
1,826
28,449
14,295
Receipt* since Aug. 1, 1879
89,384
22,906
Bales since
20,719
Stock Aug. 20, 1879
Stock Aug. 21, 1878
91,571
95,596
Savan’h.
.
.
.
.
....
733
.
.
373
....
.
....
.
•
•
•
•
....
.
.
.
.
....
....
....
....
.
....
.
4,086
1,108
292
685
148
348
1,437
5,667
2,772 62,357
1,285
9a 10,000
1,030
2,701
34,272
85,272
49,378
....
....
....
10,019
....
....
.
....
....
194
9,825
Other*..
225.
....
....
733
9,000
Tot. this
week..
194
10,558
•
•
•
3,238
10,752
•
Tot.sinoe
--
Sept. 1. 2079,452 414,271 919,338 3413,061 3329,972
•■The
exports this week under the head of “other ports,” include, from
Boston. 733 bales to Liverpool.
From the foregoing statement it will be seen that, compared
with the corresponding week of last season, there is an increase
exports this week of 7,514 bales, while the stocks to-night
35,894 bales more than they were at this time a year ago.
In addition to above exports, our telegrams to-night also give
us the following amounts of cotton on shipboard, not cleared, at
the ports named.
We add also similar figures for New York,
in the
are
which
are
prepared for
our
Lambert, 60 Beaver street
Ohio, 10c. The movement in Spanish tobacco has been rather
more liberal, and sales are 600 bales Havana at 82c.@$l 07%.
Ocean freights have been fairly active, and rates, while not
showing the strength of a week ago, are still, in the main, quite
steady. Lafe engagements ana charters include: Gram to
Liverpool, by sail, 7d.; do. by steam, 7%d.; cotton, by steam,
3-16d.; provisions, 35®40s ; grain to London, by steam, 7%d.;
flour, by sail, Is. 10%d.@2s.; grain to Tyne dock, by steam,
9d., 60 lbs,; do. to Cork, for orders, 6s. 4%d.@6s. 6d., free of
elevator charges; do. to Antwerp, 5s. 6d. perqr.; do. by steamer
to Havre, 6s. 6d.; refined petroleum to London, 3s. 9d.; do. to
Bremen or Hamburg, 3s. 9d.; do. to Hamburg, 4s.; do. to Cork
for orders, 4s. 9d.; naphtha to Havre, 4s. 10%a. To-day, trade
was quiet; grain to Liverpool, by steam, 7%d., 60 lbs.; cotton,
%d.; grain to London, by steam, 7%d,; do. to Hull, by steam,
9d., 60 lbs.; do. to Gibraltar, for orders, and Mediterranean,
6s. 3d. per qr.; do. to Cork for orders, 6s. 6d.; refined petroleum
to German Baltic, 4s. 6d.; case oil to Constantinople, 31c.
Rosins have remained very quiet, particularly so for export;
no quotable changes, however, have taken place ; common to
good strained, $1 30<Q$1 32%. Spirits turpentine closes quiet,
after an active movement at 26%c. for prime Southern bbls.
Petroleum is still very weak and quite nominal at 6%c. for re¬
fined, in bbls.; cases 8%@10^4c. American pig iron is cer¬
;
Scotch pig is equally firm and in good
on
private terms. Steel rails continue in active request and very
firm ; 25,000 tons were sold, in lots, for Chicago delivery next
spring, at $50 ; of iron rails 15,000 tons have been sold, 10,000 of
which for Boston delivery at $10.
English iron rails are
wanted at $42. Ingot copper was very activeearly in the week,
when 9,030,000 lbs. Lake were sold at 16c.; the market closes at
this price. Grass seeds of the new crop are quite nominal as
Whiskey has sold at $1 06@$1 06%, closing firm.
....
Norfolk-
1877 crop, Pennsylvania, 9%c.@23c.; 524 cases 1878 crop, Wis¬
consin, private terms and 9c.@llc.; and 81 cases 1878 crop,
request; 1,000 tons of all brands have been sold, to arrive,
....
....
N. York.
The market has remained quiet for Kentucky tobacco, but
all efforts at a reduction in prices have been fruitless. The
sales of the week are 500 hhds., of which 350 are for export,
and 150 for home consumption. Lugs are quoted at 3%@6c.,
and leaf 6@13c. Seed leaf also remains quiet, but with less
depression of tone than last week. Sales are 1,100 cases for
the week, as follows : 125 cases 1877 crop, New England, 15c.®
21c.; 100 cases 1878 crop, New England, 9%c.@llc.; 275 cases
$21@$22.
....
....
Galv’t’n-
Bags. Melado.
672,956
4,513
32,390
1,007
21,130
838
684,216
4,682
182,096
2,662
tainly
very firm, but the scarcity of offerings checks business
No. l sold at
.
Mobile..
On
Aug. 22, at—
Liver¬
pool.
Charleston
Savannah
Galveston
New York
Other ports
Shipboard, not cleared—for
France.
Other
Coast¬
Foreign
wise.
5?
None.
15
50
300
Noue.
None.
15
50
10
None.
200
6,298
475
4,587
275
4,587
.
Included In this Amount there are 3,294 bales at presses
destination of which we cannot learn.
The
following is
our
Stock.
4,029
SEPT.
1.
1877.
1878.
N. York
514,567
706,047
568,069
147,661
Florida
66,436
N. Car.
135,166
560,036
219,760
Say’h..
Galv.*.
Norfk*
Other..
rhisyr. 4443,563
Last ye ar
1,387
*
5,182
49,535
485
*12,822
■
500
10,785
13,929
71,343
for foreign port*, the
usual table showing the movement of
•
dates:
EXPORTED SINCE SEPT. 1 TO—
Great
Britain.
France.
Other
Foreign
Stock.
Total.
676,859 218,499 347,326 1242,684
57,954 35,583 29,677 123,214
459,844 150,410 57,140 176,143 383,693
599,570 205,463 23,646 232,677 461,786
447,970 224,653 59.478 61,010 348,141
144,076 274,206 14,505 27,213 315,924
135
15,858
1,967
14,320
13,756
65,111
144,522
44,472
2,050 18,589
713
5,098 199,640
509,686 193,829
496 18,470 246.258
163,132 227,292
N.Orlns 1173,627 1371,281
Mobile. 362,194 413,415
Char’n*
292
133
=
ports from Sept. 1 to Aug. 15, the latest mail
KBCB1PTS SINCE
Ports.
Leaving
Total.
None.
-
*
•otton at all the
•
None.
None.
None.
None.
5,941
Total
by Messrs. Carey, Yale &
None.
None.
None.
None.
None.
Mobile
use
None.
None.
None.
None.
475
None.
None.
57
New Orleans
special
:
1,028
442
85
1,434
5,533
78,076
......
129
1,124
12,759
2068,894 414,077 919,338 3402,309 100,601
4267,816 2147,067 497.743
6S1.924'3336 734
56,077
Under the head of Charleston is included Port Royal, Ac. Aider the head »
Galveston is included Indianola, Ac.; under the head of NosfMc Is tael uded Ci4y
Point, Ac.
*
August
23,
market the past week for cotton on
tfche spot, until middling uplands reached life., with a fair busi¬
ness for export and home consumption.
To-day, there was
moderate demand at unchanged prices. For future delivery, the
speculation was steadily toward higher prices for this and the
next two months, the later months partially sympathizing.
The
improvement was due to better advices from Liverpool and Man
Chester, the small quantity in store and on sale, exposing con
tracts for early delivery to a speculative “ corner,” the later
•season and small movement of the new crop, except in Southern
Texas, and reports of damage in some sections.
Yesterday the
•speculation for an advance received a check; the business was
limited almost entirely to September and October, and the close
was lower under the greatly improved weather for the growing
crop.
There was a very severe storm on Sunday and Monday
but it does not seem to have been seriously felt in the cotton
region, except in Southwestern Texas and in North Carolina, the
extreme limits of that section of country in which cotton is
grown.
To-day the receipts at the ports were very small anc
confidence revived, causing a material advance.
The total sales for forward delivery for the week are 548,800
‘bales, including — free on board. For immediate delivery the
total sales foot up this week 5.297 bales, including 918 for export
4.239 for consumption, 140 for speculation, and — in transit. 0:J
-the above, — bales were to arrive. The following tables show
the official quotations and sales for each day of the past week:
There has been an advancing
0 0129378.546521.8
Sat.
TEXAS.
NEW ORLEANS.
UPLANDS.
Aug. 16 to
Aug. 22.
Mon Toss
%
%
iSS IKS
11%
'Sfcr.L’wMid fill* 11%
11%
11%
11%
Middling...
11%
11%
11%
11%
11%
11%
11%
11%
11%
11%
105.6
1011.6
11*10
11516
H*16
11%
11%
1U516 U15i6 111316 121,6 12li« 1113.6 12%6 121,6
Str.G’dMid 111516 12316 12316 121,6 125i6 120.6 121.6
13
12%
13
12%
12*8
12%
Midd’g Fair 12%
Wed
13%
Th,
13%
13%
13%
Frf.
Wed
Tit.
Frl.
Wed
Good Ord.. Ilhs
'fltr. G’d Ord 116i6
11*16
11616
Midd’g H710 H716
1158
1138
UfcrX’w Mid 115s
n?lj
Middling... 11%
Good Mid.. 12116
•Str.G’dMtd 125i6
Midd’g Fair 13
1338
Fair
11%
11%
12116 12lie
if18 if
135s
1358
11%
11%
123l6
10*16 !0*16
1013le 10l3itf
11%
11*8
11%
11%
11*8
11%
11*8
11*8
13%
13%
13%
13%
13%
13%
13%
13%
13%
13%
Mon Tues Wed
10%
10%
10%
10%
10%
10*8
1O1310 H116 ll*l« 113.6
11*16 115,6 115,6 117.6
10%
Middling
Middling
SALES OF SPOT AND
SPOT MARKET
CLOSED.
Con-
sump. ul’t’n
Ti
....
st’dy.at % ad
uiet
irm
Total
For forward delivery
-■543,809 bales (all
August.
300.
1155
300
11-58
500
11-59
«00
.11-00
11-62
100
100 •.n.aiStll 00
200
irtw
100
11-70
200
11-71
11*70
100
-C00
11-77
200 s.n.iSd. 11-78
100
.0.1-78
100
11-79
200.
ll*H>
100 ».u SSthl 1-81
TOO *.n.?6t» 11-81
500 s.Q.25thll*82
11KJ
100...
11*84
..001
200....
11 90
*7,200
11%
11*8
13%
13%
Til.
Frl.
10%
10*8
10%
U3i«
11*16
ass
10*8
218
711
*68
918
918
4,239
140
**00....
-4,000.
-3,900....
1,400....
1,400....
....
Deliv¬
eries.
1,792 102,800
900
300
300
510 113,100
1,400
1,273
62,300
997
67,800
1.000
900
5,297 548,800 4,800
during the week
Cts.
Bales.
Cts.
11 82
11-30
6,000..
2,500
5,M00
0,309
10-09
10-70
11-37
2.900
11-84
11-85
11-35
1400
1,200
1.200..
2
Bales.
11*38
3.800
11-40
.11 41
11-42
...11-41
2,000
11 83
300*.V.’.7.7.h-39 I s,’oooi!!!!‘.*.7 *.i • -86
2,700..
1 800
400
11-44
11*47
11*48
500
11-49
11-87
.11-88
11-89
301,000
For October.
10-36
10-37
10-88
1,500
11-50
2,800
11-51
1152
11*53
3.900
11*54
2,9 0
8.000
10 400
11 55
11 50
1157
1158
10 39
10 40
500
700
10-41
10*42
1,800.
2.300
10*43
800
10-44
10 45
10-40
11-59
4 900
•0,500.
7100..
7,200..
3,500.
0,200.
10,100..
8.100.
11-32
11*38
....
Sales.
489 67,200
236 135,600
the sales and prices :
2,100
11-24
..
Total.
the sales have reached
Cts.
11-23
4oe.... ......11 20
1.500....
L300....
*72
700
Bales.
2,400..
8,700..
*,000....
sit.
FUTURES.
middling or on the basis of middling), and the
3,400.
For September.
TRANSIT.
Tran¬
....
510
573
following is a statement of
Sales.
Cts.
100
11-45
300 s.n.mhll 52
400 • n.Vlstll-53
200 s.n.*2d. 11-53
1300
11-53
-200 B.n.23d.11*54
-500
11-34
489
236
1,720
uiet
u.,
Spec-
Ex¬
port.
guiet,
at % adv..
eg.,uns.,x4adv.
1,500...
1,000.
1.400.
500
400
300
000
000
800
000
700
700
100...
200
400
1,000..
1,500..
2 400..
3,400
1,700..
2,100..
1,000..
•
.
10-35
1,700..
900.
700..
10-38
1,800.
000.
The
1,000
.10-34
.10-35
.10-36
.1037
10-48
10-49
10-50
10-53
10-48
10-49
000
400
Saturday.
Market.
Higher.
For
s.n.
Sept’b’r
October
Nov’ber
Deo’ber
Jan’ry
Feb’ry..
.
.
Tr. ord.
Closed.
during the week :
3 o’clock P. M., on each day
Monday.
Tuesday.
Higher.
Higher.
For
4,200..
6,800.
7,200..
8,600.
10,100..
M.900.
14,400..
20,800..
12,800..
11-00
Closing.
Day.
For
10-47
10-48
10-49
Bid. Ash
Bid. Ask High. Low.
High. Lo*o. Bid. Ask High. Low.
11-46 48 11-71-11-58 11-55 56 11-69-11-53 11-70 71
11-45- —
11-6611-52
11-69 —
11-4411-29 11-43 — 11-77-11-53 11-55 56 11-69-11-53
10-60 61
10-48-10-40 10*47 48 10-62-10-51 10-54 — 10-6110-48
10-31 33
10-2610-20 10-25 26 10 35-10-28 10*28 30 10 29-10-22
10-30 31
10-25-10-20 10-24 25 10-32-10-25 10-27 28 10-32-10-22
10-36 38
10-30-10-28 10 31 33 10-3810-30 10-33 34 10*32-10*26
-10-39 10-46 48
10-41 43 10-40-10-38 10-41 42
10-40- —
10-56-10-49 10-58 60
10-5110-48 10*51 53 10-51-10*50 10-50 52
11-75
11-60
11-50
Steady.
Weak.
Unsettled.
—
—
—
-
.
—
—
—
—
—
—
157,000
For
August.
“
e.n.
8ept’b*r
October
Nov’ber
Dec’ber
Jan’ry.
Feb’ry.
March..
*
Closing.
Day.
For
Fer November.
100
1017
200
10*18
000
10-19
500
1020
400
10-21
10-22
10-23
1,200
2,000
10-24
500
...
10 25
10-20
10-27
10-28
10-22
0100....
400
500
300
10 87
10-38
10*0
1,700
10-40
700
400
1,200
10-41
10-42
10-48
100........ 10*44
80,700
fnr December.
800
10-10
500
1013
Closing.
Day.*
Bid. Ask High. Low. Bid. Ask
Bid. Ask High. Low.
High. Low.
11*90-11-76 11*90 —
11 84-11-77 11*77 79 11*80-11*79 11*73 75
11*81-11*78
11*71 72 11*8911*74
10*60 — 10-75-10*64
10*30 — 10*44-10*35
10*28 — 10*42-10*32
10-32 33 10*46-10*37
10-44 46 10*53-10*48
10*49 51
10*5010*64-10*56 10*61 63 10*60-10*59 10-56 58 10*68-10-60
—
-
11*82-
—
—
—
—
-
11*80
Barely steady.
.
-
—
—
—
—
11*84-11*72
11*83-11*76 11*79
10-73-10-62 10*64 — 10-68-10*59
10-43-10*33 10*34 35 10*36-10*30
10*42-10*30 10*32 33 10*34-10*88
10*46-10*36 10*37 38 1037-10*33
April...
Tr. ord.
Closed.
Closing.
Day.
—
11*89
10-74
10*44
—
—
—
10*42-—
10*47 48
10*58 59
10*68 69
10*80-10*76
—
—
11*75
11*90
Easy.
Steady
—*
. ..
To 2 P. M.
The Visible Supply of Cotton, as made up by cable and
telegraph, is as follows. The Continental stocks are the figures
of last Saturday, but the totals for Great Britain a&d the afloat
for the Continent are this week’s returns, and consequently
brought down to Thursday evening; hence, to make the totals
the complete figures for to-night (Aug 23), we add the item of
exports from the United States, including in it the exports ot
Friday only:
1876.
1877.
1878.
1879.
427,000
59,070
565,000
13,500
847,000
34,000
809,000
stock. 486,070
881.000
850!000
212,750
160,250
5;250
19,279
578.500
163,250
6,000
30,000
7,250
38,000
28,308
44.000
41,000
396
200
9,000
10.750
6.500
.
.
Total Great Britain
ck at Havre
Stock at Marseilles
Stock at Barcelona
100,900
2,121
22,481
,
2.300
Stock at Hamburg
Stock at Bremen
8 took at Amsterdam
Stock at Rotterdam
667,705
..
India cotton afloat for Europe. 289.588
32,000
Amer’n cotton afloat for Eur’pe
stocks..
Total European
,
11*72
...10-04
For
12,000
64.000
13.500
66.750
443,250
9,000...
7.700...
4,400....
11*77
7,400....
12,100...
ill 7«
4,70011-80
9,000—.
7,900...
Firmer.
321,250
11*00
11*70
11*71
3.000....
Easier.
181,635
1,000
3,000....
Higher.
Total continental ports....
0,900.
4,800...
8,500....
Market,
10-74
10-76
11-66
11-07
0,100...
Friday.
300
200
10*85
10-30
.10-58
Thursday.
17,250
1,800
2.100.
0!8OO...
Wednesday.
5,650
4100...
4.900...
.
Futures
10-72
10-73
10-32
10-83
10-34
11-04
—
—
2,100
1,400
1030
10-31
1.000
Closing.
Day.
Stock at Antwerp
Stock at other conti’ntal ports.
1,700
1,100
11-01
in
^
10-71
800.
200
900
800
2 000
,1080
400
7,750
14,750
1,700
10*76
10*77
’02 pd. to exch. 200 Sept, for Aug.
range of prices paid for futures,
.
Closing.
Day.
April.
|
exch. 100 Dec. for Oct.
Futures
For
100
!00
200
For March.
.10 39
.10 40 I
.10-41 1
10-03
10-04
10*07
10 08
4,800
2,200
The following will show the
and the closing bid and asked, at
the past week.
March
10-40
100
100
800
100
following exchanges have been made
•29 pd. to
10-45
10-40
For February.
200
10-38
400
10-39
.10-28
.10-30
.10-31
.10-32
.10-33
1.000
2 300.
10-50
10-51
10-54
10*55
10-50
10*59
10-00
10-01
10*02
"oTsoo
For Janus ry.
500
1,600.
.
400....
85,000
%
MARKET AND SALES.
LSOO....
300
2,200..
Cts.
500
100
100
100
700
300
300
300
100
100
400
100
300
10-44
900
10-22
Bales.
Frl.
123ift 123l6 123X6 12316 123i0
12*16 12*10 12*10
12*16 12*16 1*18
$ lb. 10%
Oood Ordinary
strict Good Ordinary
Th.
13%
11%6 U316 U316 113i6 H3ie
11716 11*16 11*10 11*16 11*16
11*16 11*10 11*16 11*16 1-1*10 n»i«
Sat.
STAINED.
13%
13%
10*16 10*16
105j6 lOSje 10?16
lOiiie ioii16 101 »16 lOiiie lOiiie
Low
If18 ir-8
13%
Ordin’y.# lb 10516
Strict Ord. 101116
300....
i,y<>o.
2,400.
'
13%
For
400
000
000
Cts.
10-42
10-43
Bales.
500
100.
Cts.
l.10'40
Bales.
100..
700..
..
Fair..
Low
Cts.
Bales.
August.
“
Mon. Toes
Mon Tues Sat.
Sat.
91516 103l„ lOSie 10J16 105j6 105.6 10116 1O5i0
Ordin’y.
lOiiie
10*16 IOII10 ioii16
•Strict Ord.. 105,6
H116
101316 iijis 11*16
Good Ord.. lOiiie
115,6
11*10 11*16 11°16
Str.G’dOrd 101516
11*16
11316 H*16 11*16
Low Midd’e
Good Mid
201
THE CHRONICLE
1879.]
gypt,Brazil, Ac.,aflt forE’r’pe
1
Stock in United States ports ..
Stock in U. 8. interior ports...
United States exports to-day..
5.109
85,272
2,722
100
41,000
76,000
11,000
55,250
58,250
15,000
18,000
17,750
416,750
899,750 1.,324,250 1.,266,750
197.000
276,000
383,000
24,000
14,000
49,378
3,604
58,000
17,000
737000
128,052
9,799
1,000
26,000
134,479
11,093
7,000
1,083,496 1,188,732 1.813.101 1.903,322
descriptions are a*
totals of Amerioan and other
Total visible supply
Of the above, the
follows:
American—
Liverpool stock
Continental stocks
American afloat for Europe....
United States stock
United States interior stocks..
United States exports
today..
Total American
East Indian,
Brasil, dte.—
Liverpool stock
London stock
Continental stocks
India afloat for Europe
Egypt, Brazil, Ac.,
afloat....
Total East India, Ac
Total American
Total visible supply
Price Mid. UpL, Liverpool....
297,000
133,000
32,000
85,272
3,722
100
441,000
260,000
24,000
49,378
3,604
1,000
541,000
354,000
58,000
128,052
9,799
442,000
3104)00
75,000
134,479
11,093
7,000
551,094
778,982 1,090,851
979,572
130,000
59,070
48.635
289,588
124,000
306,000
367,000
34,000
89,250
276,000
106.750
383,000
5,109
14,009
17,000
26,000
532,402
551,094
409,750
1,083,496
6*i6<L
13.500
61,250
197,000
41,000
722,250
923.750
778,982 1,090,851
979,572
1,188.732 1,813,101
SiSxed.
Oliigd.
1,903,322
6d
THE
CHRONICLE,
fVOL. XXIX.
These figures indicate a decrease in the cotton in
sight to-night
of 105,230 bales as compared with the same date of
1878, a de¬
crease of 729,605 bales as compared with the
corresponding date
of 1877, and a decrease of 819,826 bales as compared with 1876.
h;ghest 94 and lowest 71. The rainfall for the week is one inch
and forty-five hundredths.
Corsicana, Texans.—It has not rained here during the week, and'
we are
needing some rain. Picking is progressing. The ther¬
mometer has ranged from 67 to 96,
averaging 82.
At tiie Interior Ports the movement—that is the
receipts
Dallas, Texas.—The weather during the week has been warm
aud shipments for the week, and stocks
to-night, and for the and dry, and picking is
corresponding week of 1878—is set out in detail in the following and north and eastwardmaking rapid progress. The crop here
promises very well.
Statement:
Average ther¬
mometer 82, highest 96, and lowest 67.
Brenham, Texas.—There has been a rainfall here of ten hun¬
Week ending Aug. 22, ’79. Week
ending Aug. 23, ’78. dredths of an
inch, rain having fallen on one day, a shower. The
is
position
unchanged.
The crop will be very short. The ther¬
Receipts Shipm’ts Stock.
Receipts Shipm’ts Stock.
mometer has averaged SO, the extreme
range having been 78 to*
54
Augusta, Ga
297
1,068
354
442
96.
86
Picking
is
progressing.
26
3
Columbus, Ga....
553
264
260
569
New Orleans, Louisiana.—It has rained
13
Macon, Ga
121
167
during the week on one
119
186
315
17
Montgomery, Ala
126
310
day, the rainfall reaching thirty-seven hundredths of an inch,
126
7JL
790
19
Beima, Ala
16
178
but the weather the rest of the week has been
140
114
355
pleasant. The
Memphis, Tenn..
*386
418
523
1,365 crop is developing promisingly, although there
are
56
Nashville, Tenn..
5
complaints of
53
1,060
70
124
too
.
*4
....
much rain in
Total, old ports.
185
Dallas, Texas....
Jefferson, Tex....
Shreveport, La
Vicksburg, Miss..
23
568
3,722
1,474
28
23
10
20
157
50
85
139
6
7
1
25
2
65
25
214
14
17
100
5
300
100
292
146
26
1,791
1,423
257
Total, new p’rts
375
Total, all
560
..
Columbus, Miss..
Eufaula, Ala. (est)
Griffin, Ga
Atlanta, Qa.(est.)
Rome, Ga. (est.)..
Charlotte, N. C...
•
•
•
15
1,666
3,604
47
11
1.59
40
6
150
3
71
40
108
112
8
136
60
66
88
28
33
12
29
1,166
520
735
562
867
2,492
3,741
1,681
1,727
2,395
3,060
7,463
3,155
3,393
5,999
■
....
99
Cincinnati, O
*
•
....
Bt. Louis, Mo
_
....
38
-
69
170
741
871
The above totals show that the old interior stocks have
decreased during the week 1,897 bales, and are
to-night 118
bales more than at the same period last
year.
The receipts at the
same towns have been
1,289 bales less than the same week last
jw.
Receipts
.
from the Plantations.—The
following table is
prepared for the purpose of indicating the actual movement each
■week from the plantations.
Receipts at the out ports are some¬
times misleading, as they are made
up more largely one year
than another, at the expense of the interior stocks.
We reach,
therefore, a safer conclusion through a comparative statement
like
the
following:
RECEIPTS FROM PLANTATIONS.
Week
Receipts at the Ports. Stock
ending—
Apr,
4
44
11
“
18
44
May
2
9
“
10
44
23
M
30
Jane 0
44
20
44
27
July
'
13
44
44
44
Aug.
44
44
44
1878.
1879.
at Inter’r Ports
1877.
1878.
4
11
18
25
1
8
15:
22
1877.
1878.
1879.
15,737
13,897
48,082
13,058
26,362
39,699
34,977
25,148
15,304
7,020
7,471
4,968
4,780
32,019
31.511
17,604
14,472
10,760
13,951
11,615
7,600
8,853
7,882
6,461
1,471
4,065
•
•
•
•
3,171
2,141
....
2,368
1,324
2,658
681
....
1,204
....
1,126
40,033
9.604
10,940
7,509
6,392
4,093
4,832
4,384
3,045
1,243
1,119
2,149
410
2,549
5,400
in general
by
1,885
2,154
2,059
3,028
1,890
Telegraph.—Our weather reports
more
Indianola, Texas.—There have been good showers here on
days the past week, which have been generally beneficial,
For the first time this
year the
ground has had enough moisture.
Average thermometer 82,
ndw cotton was received
The thermometer has averaged
72 during
being 88, and the lowest 59. The rainfall
the week, the highest
is eight hundredths of an
inch.
Nashville, Tennessee.—It has rained on two days the past week,,
the rainfall reaching one inch and twenty-four hundredths.
The
days have been warm, but the nights have been cold. The
thermometer has averaged 73, the highest
being 91, and the
lowest 58.
Memphis, Tennessee.—It has rained during the past week on
day, the rainfall reaching ten hundredths of an inch, and
although the balance of the week has been pleasant, yet the
weather has been too cold to mature the crop. Otherwise the
crop is developing promisingly.
It is thought the plant will
develope well, bottom to top. Average thermometer 74, highest
one
an
the lowest 67.
two
cotton.
The first bale of
Madison, Florida.—We have had rain this week, but not
enough to do much good. Caterpillars have appeared, though
the injury done is as yet limited.
Average thermometer 79,
highest 85 and lowest 74. Last week we had rain on two days,
and caterpillars had appeared, though the
injury done was then
limited. The thermometer had ranged from 74 to 94,
averaging 84.
Macon, Georgia.-*- Rain has fallen on one day the past week.
The thermometer has averaged 86, the
highest point touched
having been 96 and the lowest 75.
Columbus, Georgia.—Caterpillars have appeared here, though
no serious
damage has been done as yet. Rain has fallen during
the week on three days, to a depth of one inch and
sixty-five
hundredths. The thermometer has averaged 82.
Savannah, Georgia.—We have had light rains every day this
week, excepting Sunday, the rainfall aggregating one inch and
forty-eight hundredths. The thermometer has ranged from 73
to 91, averaging 81.
Augusta, Georgia.—We are having too much rain. There
have been heavy and general rains
every day the past week, the
rainfall reaching one inch and sixty-two hundredths.
We are
in receipt of very unfavorable accounts from some ten counties
tributary to this point. The weather has been too wet, and
cotton is looking bad.
The bottom crop will be poor. Bolls
are dropping badly and the p’ant is
shedding. The top crop will
be fair if the weather be favorable, with late frost.
Picking will
not begin in Middle Georgia before the 15th to 20th of
September.
The thermometer has averaged 79, the
highest being 91 and
lowest 71.
save
pleasant.
the 16tli instant.
feared.
829
tions in which caterpillars were most feared.
have therefore improved, except in
portions of
hut too late to
on
picking,
giving no time to gin or pack. The fine weather this week has
helped the crop considerably. The thermometer has averaged
77, the highest being 92, and the lowest 65.
Selma, Alabama.—The earlier portion of the week the weather
was clear and pleasant, but
during the latter part we had rain on
one day.
Worms, rust, shedding, bnd boll worms, are all injur¬
ing the crop in the cane-brake section, and much damage is
2,210
802
favorable, especially in those sec¬
Crop accounts
Texas, where the
drought is claimed to have injured the plant beyond recovery.
Galveston, Texas.—We have had showers during the week on
two days, the rainfall
reaching sixtv-three hundredths of an
inch.
Picking is progressing finely. Prospect unchanged. The
general estimate is that east of Trinity River will make half a
hale and the rest of the State a quarter of a bale
per acre planted.
The thermometer has averaged 89, the
highest being 87 and the
are
Little Rock, Arkansas.—Friday last was
cloudy, with a light
rain in the afternoon, but the remainder of the week has been
inch.
The rest of the week has been
warm, and pleasant.
Picking is making rapid progress*
The cause of the small receipts this week is the
vigorous
plantations since Sept. 1 in
4,452,571 bales; in 1877-8 were 4,263,032 bales; in
were 3,941,330 bales.
2. That although the receipts at the out
ports the past week
were 4,843 bales, the actual movement
from plantations was
only 829 bales, the balance being drawn from stocks at the
interior ports.
Last year the receipts from the plantations for the
same week were 5,400
bales, and for 1877 they were 1,126 bales.
Weather Reports
inch, but the latter portion has been clear and
The thermometer has ranged from 73 to 83, averag¬
dry,
were
to-night
pleasant.
ing 78.
an
eleven hundredths of
The above statement shows—
1. That the total receipts from the
1878-9
1876-7
sections. The thermometer has
averaged 80.
91, and lowest 60.
Mobile, Alabama.—During the earlier part of the week the
weather was clear and pleasant, but the latter part has been
rainy, ihe rainfall reaching seventy-three hundredths of an inch.
It has been showery two days, and has rained
to-day constantly.
Crop accounts are less favorable. The plant is shedding, and
rust is developing badly, and much
damage has been done.
Caterpillars are reported everywhere, and are doing great injury
in Middle Alabama.
The thermometer has ranged from 65 to
93, averaging 77.
Montgomery, Alabama.—We have had rain on three days of
the past week, light beneficial showers, the rainfall
reaching
Rec’ptsfrom Plant’ns
1879.
20,287 59,886 54,283 140,649 119,991 116,879
21,183 51,391 44,851 133,363 108,033 107,005
18,010 39,016 40,187 128,411 95,979 91.966
20,041 38,856 36,183 117,074 89,142 87,294
10,560 31,196 22,2*3 107,534 75,550 78,962
17,309 24,252 19,031 97,696 65,770 71,546
10,288 20,097 19,897 86,376 56,433 59,249
12,147 19,732 16,673 79,009 46,305 51,429
9,069 18,220 17,113 07,786 39,025 42,198
9,390 12,380 11,089 57,509 34,154 37,570
8,520 11,231
6,612 52,154 29,315 32,429
8,526 10,721
7,188 45,769 23,287 29,306
6,519
6,879
6,293 35,811 21,240 25,223
6,102
5,949
3,637 32,077 19,675 22,388
4,404
5,287
3,032 28,997 18,033 20,091
3,676
3,782
2,809 27,979 15,494 15,528
3,299
4,086
3,272 25,361 12,527 14,410
3,671
2,691
2,503 22,472 11,005 13,966
2,102
3,069
3,945 21,574
8,340 13,049
1,733
4,657
3,462 19,118
6,238 11,477
2,044
5,699
4,843 17,600
5,999
7,483
25
44
1877.
hundredths of
clear and
Actual count.
some
Shreveport, La.—The weather continues dry, the rainfall dur¬
ing the week aggregating only four hundredths of an inch/
Thermometer, highest 92, lowest 63, average 77.
Vicksburg, Mississippi.—It has rained here on one day during
the week (to-day).
'The days have been warm, but the nights
have been cold.
We hear rumors of the appearance of
caterpil¬
lars, but think them of little importance.
Columbus, Mississippi.—During the earlier part of the past
week we had rain on three days, the rainfall
reaching thirty-five
,
Charleston, South Carolina.—It has rained during the week on
three days, the rainfall reaching two inches and seventy-five
hundredths. Average thermometer 82, highest 87 and lowest 71,
THE CHRONICLE
AugubT 23, 1379. J
The following statement we have also received by telegraph,
♦showing the height of the rivers at the points named at 3 o’clock
Aug. 21, 1879. We give last year’s figures (Aug. 22, 1878) for
Cotton.—Vicksburg, Miss.—The first bale of new cotton
received here August 18. It was classed low
middling, and
sold for fifteen cents per pound.
Aug. 21, ’79. Aug. 22, '78.
Helena, Ark.—The first bale of new cotton was received
August 19 and sold for $100, and was then forwarded to the St.
Louis Merchants* Exchange, to be sold for the benefit
of the
Memphis yellow-fever sufferers.
comparison:
r
.Below high-water mark
.Above low-water mark...
.Above low-water mark...
.Above low-water mark...
Above low-water mark...
..
.
Feet. Incli.
11
11
7
1
3
14
Feet. Inch.
11
10
1
15
10
0
10
5
2
4
6
5
0
19
New Orleans
reported below high-water mark of 1871 until
Sept. 9, 1874, when the zero of gauge was changed to high-watei
mark of April 15 and 16, 1874, which is 6-10ths of a foot above
1871, or 10 feet above low-water mark at that point.
Comparative Port Receipts and Daily Crop Movement.—
A
comparison of the port movement by weeks is not accurate,
the weeks in different years do not end on the same day of the
month.
We have consequently added to our other standing
tables a daily and monthly statement, that the reader
may con*
atantly have before him the data for seeing the exact relative
movement for the years named. First we give the
receipts at
■each port each day of the week ending to-night.
New
was
Bombay
PORT RECEIPTS FROM SATURDAY, AUG.
New
Or¬
of
we’k leans.
D’ys
Mo¬
bile.
16, ’79, TO FRIDAY,
Char¬ Savan¬ Galnah.
vest’n.
Nor¬
folk.
leston.
Sat..
76
6
Mon
59
23
Tues
56
Wed
Thur
59
11
42
....
Fri..
38
20
Tot..
330
60
....
Wil¬
17
393;
13
27
979
19
12
19
432
32
1
4
180
22
25
11
822
28
....
16
944
13
19
77
158
3
732
1,060
86
97
2,888
272
12
1,098
4,843
4
....
5
.
•
•
Sept’mb’r
288,848
October..
Novemb’r
689,264
779,237
893,664
618,727
666,824
303,955
167,459
84,299
29,472
13,988
December
January
February.
.
March...
April....
May
June
July
Tot. Jy. 31 4,435,737
Perc’tage of tot. port
receipts July 31..
1877.
6
520
77
1,219
556
....
267
•
shipped from
Great Britain the past week and 6,003 bales to the Bombay to
Continent;
while the receipts at Bombay
during this week have been 2,000
bales. Ths movement since the 1st of
January is as follows.
These figures are brought down to
Thursday, Aug. 21.
Shipments this week
Great
Brit’n.
1879
1878
1877
1876
1876.
1875.
1874.
544
1873.
901,392
900,119
787,769
689,610
472,054
340,525
500,680
449,686
182,937
169,077
610,316
740,116
821,177
637,067
479,801
300,128
197,965
96,314
42,142
20,240
100,194
163,593
68,939
92,600
36,030
17,631
42,234
81,780
56,010
29,422
17,064
<>,000
236,868
675,260
134,376
536,968
676,295
759,036
444,052
383,324
251,433
133,598
-
115,255
355,323
576,103
811,668
702,168
482,688
332,703
173,986
127,346
59,501
31,856
9800
97-48
99-34
9906
July 31 the receipts at the
ports this year were 177,251 bales more than in 1877 and 478,351
bales more than at the same time in 1876.
By adding to the
above totals to July 31 the daily receipts since that
time, we
1878-79.
exact
comparison
of the
movement
1877-78.
1876-77
1875-76.
1874-75.
“
“
“
"
“
“
“
“
11....
12..
776
13....
14.,..
15....
16....
17....
18....
19....
20....
21....
22....
347
712
612
239
737
764
809
520
•
8.
1,219
S.
505
1,623
634
8.
556
944
544
627
531
8,
487
1,038
1,084
8.
598
1,963
367
1,714
264
561
894
8.
Total.
nent.
329,000
386,000
404,000
347,000
573,000
679,000
778,000
881,000
Since
Jan. 1.
2,000
3,000
772,000
847,000
991,000
992,000
1,000
4,000
give the
Calcutta, Madras,
Tuticorin, Coconada, Carwar, Rangoon and Kurracliee. These
figures are collected for us and forwarded by cable. For the
week ending Aug. 21 the
shipments were as follows. We also
give the totals since January 1 and the figures for previous years
for comparison.
Shipments this week.
Great
Britain.
1879
1878.
1877
1876
Conti¬
Total.
nent.
7,000
6,000
3,000
7,000
9,000
i,ooo
i,ooo
Alexandria, Egypt,
Aug. 21.
1879.
Since Sept. 1
Exports (bales)—
To Liverpool
303
1,102
592
1877.
2,000
2,592,000
2,703,000
This
Since
This
week
Sept. 1.
week
Since ’
Sept. 1.
1,076 252,176 1,000 407,000 2,000 438,000
■
This statement shows that the receipts the past week have been
—
cantars, and the shipments to all Europe have been 1,076 bales.
Manchester Market.—Our market report received
Manchester to-day (Aug. 22) states that the
from
prices for shirtings
are the same as last week, but that twists have
slightly improved,
and he gives the range £ higher.
We leave previous weeks*
prices for comparison.
1879.
d.
Shirtings.
s.
878'2>938
6
25.
8%'2>914
6
6
“
“
“
i:
8%@914
6
15.
22.
83*^938
6
6
Gunny Bags,
but few orders
1878.
8*4 lbs.
July 19.
604
396
78,000
A cantar is 98 lbs.
787
864
47,000
1,000 172,400 1,000 239,000 1,500 297.500
76 79,776
168,000
500 140.500
Total, Europe
195
224
Since
week Sept. 1.
d.
789
347,000
149,000
126,000
174,000
*1878.
1,667,000
This
168
1,499
122,000
51,000
This week
647
967
330
225,000
98,000
79,000
96,000
Total.
nent.
Receipts (cantars*)—
218
845
Conti¬
Egypt.
The
receipts and shipments the past week, and for the correspond¬
ing weeks of the previous two years, have been as follows :
32s Cop.
Twist.
S.
Great
Britain.
Alexandria Receipts and
Shipments.—Through arrange¬
we have made with Messrs.
Davies, Benachi & Co., of
Liverpool and Alexandria, we shall hereafter receive a weekly
cable of the movements of cotton at
Alexandria,
604
457
Shipments since January X.
ments
539
S.
we
The above totals for this week show that the movement from
the ports other than Bombay is 2,000 bales dess than same
week
of last yqar.
1873-74.
1,069
607
Receipts.
This
Week.
India Shipments Other Than Bombay.—Below
week’s shipments of cotton to Europe from
To Continent
Tot Jy. 31 4,435,737 4,258,486
3,957,386 4,085,531 3,473,936 3,768,597
419
Aug. 1....
139
421
635
8.
1,092
“
2....
507
264
1,465
724
521
S.
“
3....
S.
395
861
504
410
1,056
“
4....
562
S.
452
846
390
547
“
5....
698
593
S.
834
394
701
“
6,...
330
509
839
8.
301
924
“
7....
666
529
618
207
1,141
702
“
8....
340
247
1,182
8.
1,168
960
“
9....
527
700
364
197
1,082
8.
“
10....
S.
468
245
764
364
701
“
6,000 244,000
2,000 10,000 293.000
1,000 2,000 374,000
1,000 9,000 534,000
Conti¬
January 1 shows a decrease in shipment? of 106,000 bales,
compared with the corresponding period of 1878.
This statement shows that up to
an
Great
Total. Britain.
From the foregoing it would appear
that, compared with last
year, there has been a decrease of 4,000 bales in the week’s
ship¬
ments from Bombay to Europe,
and that the total movement
4,258,4863,957,386 4|085,531 3,473,936 3,768,597
shall be able to reach
for the different years.
nent.
Shipments since Jan. 1.
Beginning September 1.
98,491
578,533
822,493
97-99
Conti¬
8,000
1,000
8,000
follows:
as
received
bales
since
Total.
35
Year
1878.
22, ’79.
All
ming¬ others.
ton.
The movement each month since Sept. 1 has been
Receipts.
AUG.
Shipments.—According to our cable dispatch
to-day, there have been
as
£
203
d.
s.
Cott’n
32s
Mid.
Uplds
d.
1*£@7
1^7
412
11%®7
4^
lJ$a>7
l1%'a>7
1 *%a)7
4*2
4*2
d,
634
4^2
4*2
6916
-
6&16
63a
Oy16
Cop.
8^ lbs.
Twist.
d.
d.
85g@9l4
S78®938
9 ®958
878®912
878'®912
878®9ifl
Shirtings.
s.
6
•
d.
3
8.
6
412^8
6
41g®8
6
6
6
41a'®8
3
d.
3
@8
1^@8
Cott’n
Mid.
Uplds
d.
6^
44%
4^ fiSg4^
6^8
3
1*9
Bagging, &c. -Bagging is in light request and.
are
coming in. ’Inere have been a few small
944
984
693
1,364
675
607 parcels taken, but no large parcels are moving.
The market is
817
1,060
586
807
8.
971 very firm, and there is no desire to sell except at full
figures,
which are 9@10fc., according to
Total
weight and quantity. Butts are
4,448,406 4,271,822 3,967,350 4,104,509 3,480,224
3,784,524 not in large
supply, and no further parcels have come to hand*
Percentage of total
The market is strong, and there is
P’rt rec’pts Aug. 2 2
9830
nothing offering under 24c.,
98-25
97-93
99-52
99-43
while some dealers are asking 2$@2fc.
Private cable advices
This statement shows that the
receipts since Sept. 1 up to from Calcutta report an advancing market.
to-night are now 176,584 bales more than they were to the same
The Exports op Cotton from New York this week
show an
day of the month in 1878, and 481,056 bales more than
they increase, as compared with last week, the total reaching 10,019
*ere to the same
day of the month in 1877. We add to the last * bales, against
4,794 bales last week. Below we give our usual
table the
percentages of total port reoeipts which had been | table showing the
exports of cotton from New York, and their
received Aug. 22 in each of the
years named.
* direction, for each of the last four
weeks; also the total export*
“
“
“
1,167
S.
THE CHRONICLE.
204
and direction since Sept. 1, 1878, and in the
for the same period of the previous year.
Exports of Cotton (bales) from
Liverpool
Aug.
30.
6.
Other British ports
Total to Great Britain
2,171
5,607
2,723
8,330
Aug.
Aug.
13.
20.
4,634
Total to period
date.
previ’ua
year.
6,325267,215 333,132
4,634
9,825 284,031 338,989
194
14,599
9,544
100
115
14,699
9,659
ports
194
3
Total French
500
Bremen and Hanover
2,835
20,718
4,986
19,206
21,343
44,910
2,202
ports
500
Total to North. Europe
473
100
Spain, Op’rto, Gibraltar, &c
All ntnftr
100|
Total Spain, &c
2,671
Grand total
160
8,906! 4,794 10,019
Market,
12:30
?
p.m.J
Market,
?
5 P. M.
J
Sales
M.
Texas....
Savannah
‘
Since
Sept. 1.
This
This I Since
week. 'Sept. 1. week.
127,709
43 143,171
17
HfnhilA
Florida...
S.Caroiiua
N.Car’lina
254
18
Aug.-Sept
\
j
11,679
13,477
34,834
2,170
20,235
92,940
Virginia..
4 40,281
55 144,690
North.p’ts
Tenn., <fcc.
Foreign..
6 147,667
37 10,866
This year.
2,003 907,084
Last year.
3,060 945,699
Since
Sept.l.
This
week.
Firm.
and
steady.
I Sept.-Oct.638©i33a®7l6
6*8^632
Oct.-Nov
Delivery.
d.
Delivery.
d.
| Nov.-Dee
d.
Dec.-Jan
6
Jan.-Feb
53i2<>
67lc
Aug.-Sept
6
Oct.-Nov...... 6316®732
Nov.-Dee
6110
Jan.-Feb
6I32
Oct.-Nov
63j0'^732
613
6*2
Oct
Aug.-Sept
Sept.-Oct
Delivery.
6i32'S>332
Delivery.
Delivery.
.61&32'2> Ifl
Nov.-Dee
Oct
Jan.-Feb
..61^32®^:
63>6Lj2.
Sept. 1.
54
47,113
45
2i,il7
10
369,120
3,071 347,899
27
101
61,325
27,300
155
89,805
10162,092
179 73,373
424 152,377
200
18
10,237
Total.
particulars of these shipments, arranged in our usual form,
follows:
Cork.
3,500
Nov.-Dec
Oct
6i le.
6kj
Aug... .6I^32/^®16®1^32
Oct
6i732
6i732
Aug.-Sept
Delivery.
-61732
Sept.-Oct
.6J4
Oct.-Nov
Nov.-Dee
Delivery.
6732^^
Oct.-Nov
Jan.-Feb
6132
*6332
Thursday.
Delivery.
Delivery.
Deli eery.
Oct
6kj
Aug.-Sept
Sept.-Oct
6*2
6*s
*
Oct.-Nov
Nov.-Dee
.6732
•6I10
Oct.-Nov.....
Oct
6173<>
Friday.
Delivery.
Aug
Aug.-Sept
Sept.-Oct
6j2
6I032
6i532
Oct.-Nov
6316
Delivery.
.612
Sept.-Oct
•61732
Aug
Aug.-Sept
.612
Sept.-Oct
.61732
Delivery.
Oct.-Nov
Oct
Nov.-Dee
6732
612'S)
6iic
BREADSTUFPS.
Friday, P. M., August 22,1879.
There has been for several
days
an
active demand for flour,
decline which took place early
has been most decided in the
6,325 common extras from spring wheat, which are still compara¬
3,500 tively scarce; and the production generally appears to be quite
194
Total hale?
Liverpool, per steamers Republic, 1,357
China, 608
England, 955
City of Chester, 569
Wyoming, 2,250
Scythia, 586
To Cork, for orders, per ship Theresa, 3,500
To Havre, per steamer Amerique, 194
Baltimore—To Liverpool, per steamer Caspian, 200
Boston—To Liverpool, per steamer Brazilian, 18
Liverpool.
6,325
6732
■61®32
•61&32
6*16
Delivery.
13,263
53,272
25
644
Apr.-Mayj
Oct.-Nov
Wednesday.
34 56,664
488 141,616
105 108,555
6I32
61&32
•
Aug.-Sept
Sept.-Oct
840
3,040
24,555
100
6,525
Oct
67ie
6316
Oet.-Nov
Nov.-Dee
Delivery.
Delivery.
Delivery.
Sept.-Oct
) Since
New York—To
The
Quiet
Monday.
Baltimore.
night of this week.
are as
Firm.
Finn.
Oct
325,943 398,346
Shipping News.—The exports of cotton from the United
States the past week, as per latest mail returns, have reached
10,237 bales. So far as the Southern ports are concerned, these
are the same exports reported by telegraph, and published in
The Chronicle* last Friday. With regard to New York, we
include the manifests of all vessels cleared up to Wednesday
'
Firmer.
8,000
1,000
SATURDAY.
4,788
Philadelphia.
Boston.
1,586 173,000
*
Firmer.
2,000
69ie
6Hie
Tuesday.
New York.
'
10,000
2,000
10,000
6,000
1,000
Dehvery.
5,870
September 1, 1878:
N. Orl’aus
12,000
3,000
69ie
The actual sales of futures at Liverpool, for the same week, are given
below. These sales are on the basis of Uplands, Low Middling clause,,
unless otherwise stated.
Aug
Cotton at New York,
Boston, Philadelphia and Baltimore for the past week, and since
This
week.
8,000
1,000
6*3
69ie
Futures.
Market,
2,390
2,398
The Following are the Receipts of
.from—
69i0
6lli0
6^
*>710
Firm.
Firm.
69ie
6Hi0
6%
Aug
Receipts
and
firmer.
Firm.
dearer.
-
Spec. & exp.
Active
Firmer &
Harden’g. fract’n’lly
Mid. Upl’ds
Mid. Orl’ns.
160
5,710
i GO
Saturday Monday. Tuesday. Wedn’sdy Thursd’y Friday.
Spot.
5 P.
16,306
473
Hamburg
Other
5,857
3,500j 16,816
3
Hayrfl
Other French
Same
ending—
July
2,171
The tone of the Liverpool market for spots and futures each day of
the week ending Aug. 22, and the daily closing prices of spot cotton,,
have been as follows:
New York since Sept. 1, 1878.
Week
Exported to—
last column the total
[VOL. XllX.
Havre.
194
Total.
10,019
causing a partial recovery of the
in the week. The improvement
moderate for the season.
Flour in sacks, unless taken for
ex¬
port, must be sold at prices considerably below the same qual¬
ity in bbls. Rye flour has tended upward, and com meal ruled
very firm. To-day the export demand was less active for flour„
but there was a good trade at steady prices.
exceptionally active. Receipts
point, but were readily cleared off
18
Boston
18
the market, and the movement at the West is on a reduced
6,543
3,500
Total
194
10,237 scale. On
Wednesday and Thursday each the sales on the spot
Cotton freights the past week have been as follows:
and for future delivery approximated a million bushels, prices
advancing yesterday to $1 01<g)$l 02 for No. 2 spring, $1 10<V
Fri.
Mon.
Tues.
Wednes. Thurs.
Satur.
$ 1034 for No. 2 amber and red winter, and $1 11 for No. 1
white. A leading demand was for No. 2 red winter for special
Liverpool, steam d. 3l«'2)14 316®14 310'®14 310'®14 3I6®14 310'3)14
® 732
do
sail., d.
•-'2>732 ...'@732
'®732
-^"32
.'2>732
delivery in the next two or three weeks at $110/6 @$L 30%..
'cb ^8*
'cb
'S' Sg*
'a) ®8*
'S’ 58*
'3'38*
Havre, steam.... c.
Prices for the next two months are not materially from spot./S>12
./S>1a
do
sail
c.
...®910* values, except that red winter is slightly dearer, and No. 1 white
-.-®910*
Bremen, steam, .e.
do
sail
c.
...'3>710
'5'710
-•-®716 ...'a>7i6 --®716
slightly cheaper. To-day the market was very firm, but quieter^
.'cb$ 10*
...O»10*
'3®10*
'S'913^
Hamburg, steam. c.
Indian Com has been less active, and prices have favored
.'£/ ^
...,'cb\2
do
sail...e.
.'S12
buyers, and yet the decline is not important. Yesterday No. 2.
^cb.... ...'a)....
Amst’d’m, steam c. ...'a)
mixed
sold at 46>6c. spot and August and 47%c. for October^
...'a)
.'cb
...'3)
...'a)
...'a)
do
sail.. c. ...'cb
.'S)
...'a)
'cb
.'cb
...'cb
Special grades continue scarce. To-day there was no change,
Baltic, steam
d. ...'cb
do
sail
d.
but a good business in No. 2 mixed at 47c. for September.
Compressed.
Rye has been active for Western, the offerings of which are
partly
from the new crop, which appears to be of good quality
Liverpool.—By cable from Liverpool, we have the following
and in excellent condition. Sales of No. 2 Western were made
atatement of the week’s sales, stocks, &c., at that port:
at 63?6@64e. on the spot and for September arrival, and 662£c.>
Aug. 1.
Aug. 8. Aug. 15. Aug. 22.
for No. 1 Western. No. 1 State quoted at 67@68c.
61,000
Barley remains quiet and nominal.
Bales of the week
hales.
45,000
36,000
50,000
2,000
4,000
Forwarded
2,000
5,000
Oats, on the spot, have materially declined, except for choice
49,000
Bales American
37,000
39,000
29,000
Of which exporters took
4,000 white, which, being scarce, maintain their value. No. 2 mixed
4,000
6,000
3,000
2,000
4,000
Of which speculators took..
2,000
3,000
528,000
503,000
Total stock
469,000 427,000 sold at 31@31 Me. and No. 2 white 34@34%c. on the spot, but
Of which American
369,000
343,000
297,000 No. 2 mixed for October brought 32?6c. To-day the market
387,000
32,000
21,000
New York
200
200
Baltimore
The wheat market has been
have been excessive at this
....
'
-
...
-
...
...
—
..
-
...
...
...
..
..
—
—
—
..
..
..
—
.
..
..
..
*
....
Total import of the week
CM which American
Actual export
Amount afloat
Of which American
Sfc*—
■———M
■
I
—
8,000
3,000
195,000
14,000
14,000
6,000
190,000
30.000
25.000
18,000
14,000
6,000
189,000
16,000
6,000
6,000
176,000
22.000
was
less
depressed, except that inside figures ruled, and choice
white declined.
The following are
closing quotations :
August
=====
=
# bbl. $2 40®
•Superfine State and
Western
3 30®
Extra State, &c
4 20®
Western spring wheat
extras
4 15®
do XX and XXX... 4 50®
Western winter ship¬
ping extras
4 35®
do XX and XXX...
4 85®
Minnesota patents... 5 25®
Wheat—
No.3 spring, #
No. 2 spring
3 15
...
3 90
$ 93
101
bu.
4 35
Rejected spring..
Red winter, No. 2
4 40
5 75
W‘hite
No. 1 white
Corn—West, mixed
Western No. 2...
Western Yellow..
Western White...
4 70
5 75
7 25
4 25® 5 25 Rye—Western
Canada
superline..
3 65® 4 00 Barley—Canada W.
4 50® 5 00
State and
Oats—Mixed
White
2 00® 2 40
2 65® 2 75
State, 4-rowed...
State, 2-rowed...
Peas—Can’da,b.& f.
5 25® 6 00
•South'n ship’g extras.
•Corn meal—
Western, &c
Brandywine, <fec....
At—
Chicago
Milwaukee
Toledo
Detroit
Cleveland
.St. Louis
Peoria
Duluth
1,830
Total
113,438 2,628,585
Previous week
124,962 2,624,154
Same time ’78.. 85,144 3,077,237
.
Total receipts
for four years:
■Flour
at
267,320
52,850
same
461^®
471a®
53
63
67
29
33
48*3
57
66
68
32
39
®
®
®
85
bush.
bush.
(32 lbs.) (48 lbs.) (56 lbs.)
440,874 120,475 113,518
32,850
4,300 12,900
1,991
40,087
3,913
269
900
21,600
1,400
79,275
2,000 11,106
30,630
5,000
147,000
2,570,004 765,599 25,444 171,045
2,621,073 831,363 16,621 178,247
3,295,795 1,451,263 93,316 229,480
ports, and
1876.
1877.
1878.
•
3,983,339
3,448,2*20
2,504,925
bush.
45,250,614
61,030,293
18,672,029
41,167,288
61,238,131
17,876,061
13,396,867
51,497,426
12,188,278
=
■
1
accumulation at lake and seaboard
transit by lake, rail and canal, Aug. 16, was as
In Store at—
New York
Do. afloat
■
supply of grain, comprising the stocks in granary
m
follows:
(est.)
Albany
Buffalo
Chicago
Milwaukee
Duluth (9th)
Toledo
Detroit
St. Louis
Boston
Toronto
Montreal
Philadelphia
Peoria T
Indianapolis
Kansas City
Wheat,
Com,
Oats,
Barley,
Rye,
bush.
bush.
bush.
bush.
bush.
Lake shipments..
On Canal (est.) ...
359,061
24,400
35,000
37,628
2,908,654
161,258
86,023
5,669
137,555
39,160
10,709
144,640
5,357
13,898
65,140
31,528
61,588
2,580
6,000
3,873
2,789,619
1,185,165
2,300
102,757
1,224,056
310,051
46,801
532,747
359,039
182,000
538,094
212,640
70,321
1,958,493
83,214
849,150
63,451
700
134,200
190,190
Baltimore
Rail shipments...
1,928,010
562,620
2,112,412
2,548,000
345,000
14,500
140,667
215.000
511,084
137,200
96,036
16,324
2,400
30,609
309,000
276,046
17,800
54,276
499,857
460,161
623,699
2,465,728
1,626,000
11,640
45,000
93,081
15,189,594
14,352,416
14,696,281
13,473,847
7,740,736
11,436,314
11,099,554
10,068,258
10,796,086
9,295,459
67,570
6,200
86
3,000
21,000
3,520
12,615
38,161
400
33,576
342
714
39,440
22,550
15,700
5,907
3,214
16,026,837 12,140,032 1,605,031
Total
Aug. 9, ’79... .1.
Aug. 2,’79
July 26, ’79
July 19, ’79
Aug. 17, ’78
8,263
50,494
40,500
82,000
306,311
1.914,487 318,424
1,762,250 324,929
1,441,877 330,601
1,536,901 357,879
2,444,904 1,105,708
493,906
479,114
462,436
318,398
341,743
584,821
THE DRY GOODS TRADE.
ports from Jan. 1 to Aug. 16, inclusive,
1879.
==================
principal points of
Oswego
......
®
70
...bbls.
Wheat
Corn
Cats
®
®
®
®
®
..'
at the
.
bush.
bush.
bush.
(56 lbs.)
(196 lbs.) (60 lbs.)
36,182 550,853 1,860,685
34,710
55,910
24,450
125
709,539
145,265
502,248
4,059
4,273
44,900
78,300
2,906
213,065
43,672 678,835
bbls.
73
1 10H®1 10*fl
1 06 ®1 12
1 ll1*® 1 1112
45
®
47
Barley, Rye,
Oats,
Corn,
Wheat,
®
and river ports
Receipts of flour and grain at Western lake
€or the week ending Aug. 16:
Flour,
96
®1 02
75
®
!
•City shipping extras.
.'Southern bakers’ and
family brands
Eye flour,
The visible
GRAIN.
FLOUR*
Nb. 2
205
THE CHRONICLE
23,1879.]^
Friday, P. M., Aug. 22, 1879.
past week has developed a more active jobbing trade not
only in this city but at Chicago, St. Louis, and other important
28,789,561
49,233,060 distributing points in the interior. There has, consequently,
3,208,343
14,933,314
The
been
an
improved demand at first hands for both domestic and
3,036,997
Rye..„
1,150,511 foreign goods, and the volume of business has proved fairly
Total grain.... 129,696,570 125,915,177
81,281,860 97,103,446 satisfactory. Transactions in staple cotton goods were mostly
Total receipts (crop movement) at the same ports from Aug. 1 confined to relatively small parcels, and men’s-wear woolens
ruled quiet (as is invariably the case between seasons); but
to Aug. 16, inclusive, for four years:
1878.
1879.
1876.
1875.
there was a liberal movement in prints, ginghams, dress goods,
Flour
bbls.
365,474
271,559
270,993
272,575
shawls, skirts, underwear, hosiery, fancy knit woolens, and
Wheat
bush.
7,985,146
7,160,301
3,105,342
2,345,426
Corn
8,002,186
8,733,978
8,799,831
6,839,712 other fabrics adapted to the fall and winter trade. For imported
Cats
2,610,141
3,315,020
1,146,606
1,542,411
Barley
58,400
156,361
82,145
66,558 goods there was also a moderately increased demand, and dress
458,035
Rye
478,994
487,146
163,095 goods, silks, velvets, linen goods, &c., were severally in fair
Total grain
19,134,867
19,852,806
13,987,764
10,550,397 request, though not really active.
Domestic Cotton Goods.—The exports of cotton goods from
Comparative shipments of flour and grain from the same
this
ports from Jan. 1 to Aug. 16, inclusive, for four years:
port during the week ending August 19 reached 2,051
2,801,327
1,397,962
3,087,242
2,546,455
2,482,802
2,260,832
Barley
....
1878.
1879.
1876
1877
Flour
bbls.
4,285,853
3,602,6*25
2,443,7*64
2,438,213
Wheat
Com
Cats
bush.
41,699,567
53,927,585
27,562,557
45,461,774
13,440,121
27,462,913
18,988,038
34,820,223
52,662,145
11,412,014
2,079,915
2,027,953
1,628,884
2,010,956
1,250,575
1,271,068
Barley
Rye
45,306,371
13,122,062
940,991
1,050,783
113,723,058
97,534,222
88,765,810
88,103,405
Rail and lake shipments from same ports for the last four weeks:
Week
Flour,
Com,
Oats,
Barley,
Wheat,
Rye,
bbls.
ending—
bush.
bush.
bush.
bush.
bush.
JLug. 16
8,263 90,994
134,847 2.675,032 2,925,889 635,335
Aug. 9
176,4S3 2,867,386 1,982,877 621,347
8,962 108,183
Aug. 2
144,389 2,252,803 1,929,511 494,750 11,602 110,437
July 26
150,463 3,253,115 1,304,494 501,823 18,553 82,437
Total grain
....
8,142,771 2,253,255 47,380 392,051
44,589 354,595
Total, 4 w’ks. 606,182 11,048,336
6,360,591
9,066,984 2,354,362
'Tot.4wks ’78 463,684
Receipts of flour and grain at seaboard ports for the week
•ended Aug. 16:
At—
•New York
Boston
.Portland
Montreal
Philadelphia
Baltimore
Jfew Orleans
Flour,
Wheat,
Com,
Oats,
bbls.
bush.
bush.
bush.
Barley,
124,318 2,222,972
50,993
320,986
2,800
..i...
910,722 310,964
151,415 102,300
9,793 563,516
11,490 1,243,800
15,1261,190,800
69,548
1,010
38,228
4,328
248,500 61,100
100,600 64,000
2,500
5,200
Rye,
bush.
bush.
61,330
5,600
1,200
1,600
438
57
l,00u
2,600
6,038
4,200
12,228
66,237
83,438
60,874
•Cor. week ’77.... 199,721 1,234,332 2,788,989 378,198 37,883 149,951
And from Jan. 1 to Ang. 16, inclusive, for four years:
Total week
215,530 5,611,622 1,451,165
Previous week... 226,190 6,449,072 1,433,944
Cor. week’78.... 198,717 3,623,595 2,074,712
Flour
Wheat
Cora
Cats
544,792
431,661
647,422
1876.
1879.
1878.
1877.
bbls.
6,115,930
5,265,346
4,086,241
bush.
71,164,219
72,789,228
13,200,000
50,399,260
72,764,546
13,097,135
53,042,554
10,388,121
54,471,357
1,751,295
2,362,223
2,450,110
2,728,529
2,107,836
905,499
2,020,219
360,742
161,266,965
141,439,490
75,182,823
99,763,550
Barley...
Rye
Total
5,659,421
8,738,813
27,660,062
15,251,170
Exports from United States seaboard ports and from Montreal,
for week ending Ang. 16:
From—
New York
Boston
Portland
Montreal
Philadelphia..
Baltimore.....
Flour,
Wheat,
Com,
bbls.
hush.
bush.
bush.
Rye,
-
3,243
55,517
19,279
1,438,764
168,028
393,934
82,458
12,395
425,810
788,585
1,084,863
52,982
43,577
85,228
25
3,906,056
4,536,417
658,179
977,339
929,218
3,268
9,212
9,709
200
9,127
Total for w’k 96,518
Previous week. 100,264
Two weeks ago 116,375
aauaetiine’yB.
Oats,
80,906
4,554,206
2,669,261
bush.
Peas,
hush.
73,335
1,273
1,261,364 175,690
73,335
49,749
1,273
33,849
12,273
74,262
66,872 *58,755
packages, shipped as follows: Great Britain, 1,033; U. S.
of Colombia, 625; Hayti, 109; Venezuela, 102; Brazil, 47; Brit¬
ish West Indies, 41; &c. Brown cottons were in fair demand
and steady—aside from a few outside makes of heavy sheetings,
on which slight concessions were offered by agents.
Bleached
shirtings and wide sheetings were taken in small lots to a fair
amount, and prices ruled firm on ail the best makes. Corset
jeans were quiet and steady, and cotton flannels more active in.
jobbers’ hands. Ducks, denims, ticks, stripes, cheviots, plaids,
&c., were severally in fair request, but selections were seemingly
governed by immediate wants, and speculation has almost wholly
ceased—for the present—in these fabrics as well as all other
makes of staple cotton goods. Print cloths were fairly active
at 4c.@4 l-16c. cash for 64x64s and 3%c. a 3 9-16c. cash for
56x69s. Prints were in better demand, and there was a steady
movement in ginghams and cotton dress goods.
Domestic Woolen Goods.—There was a light hand-to-mouth
demand for men’s-wear woolens, and a fair movement in fancy
cassimeres, worsted coatings, cheviots, &c., on account of former
orders. Cheviot suitings were in moderate request, and the best
makes are firmly held by agents. For overcoatings there was
only a limited inquiry, and sales were mostly confined to small
parcels of rough-faced and fancy-back makes. Choice styles
of cloakings were more sought for, and fair sales were reported
by agents representing the most popular makes. Repellents
were in fair, tnough by no means active, demand, and prices rnled
steady. Kentucky jeans remained slugglish, but stocks are well
in hand and prices firm on all the best makes. Satinets were in
strictly moderate request at unchanged prices. Worsted and
woolen dress goods continued fairly active, and liberal deliveries
were made by agents in execution of former orders.
Woolen
shawls and felt skirts met with a satisfactory distribution and
prices rnled steady.
Foreign Dry Goods.—The demand for foreign goods—though
somewhat irregular—has on the whole beeu more active. Cash¬
meres and other staple dress fabrics were in improved request*
as were French and British textures of a fancy character. Low
and medium grade dress silks were more sought for, but the
finer qualities remained quiet, and millinery silks were dull.
Linen and white goods lacked animation but prices ruled steady*
Men’s-wear woolens were almost neglected and selections were
confined to small lots required by the fine tailoring trade. The
auction rooms presented no special features of interest, and thoi
sales were only moderately successful*
Receipts of Leading Articles of Domestic Produce.
Importations of Dry Goods.
importations of dry goods at this port for the week ending
Aug. 21, 1879, and for the corresponding weeks of 1878 an(
1877, have been as follows:
The
ENTERED FOR CONSUMPTION FOR THE WEEK ENDING AUG.
!
Value.
Pkgs.
Value.
Pkgs.
$
Manufactures of—
Wool
Cotton
Silk
1,275
1,043
Flax
Miscellaneous
Value.
Pkgs.
following table, based upon daily reports made to the
Exchange, shows the receipts of leading
articles of domestic produce in New York for the week ending
with Tuesday last (corresponding with the week for exports);
also the receipts from January 1, 1879, to that day, and for the
corresponding period in 1878:
New York Produce
$
$
780
963
604
656
486
552,550
290,458
484,171
219,227
168,461
686
895
541
1879.
1878.
1877.
|
-
21, 1879.
The
316,449
250,045
387,059
150,483
111,543
1,042
468,239
290,813
463,921
198,183
593
133,633
1,033
997
674
Week
.bbls.
..bbls.
68
433
123,265
Rye
.bbls.
.bbls.
..bush.
..hush.
1,845
.2,431,075
78,094
Corn
.bush.
846,212
Oats
.bush.
359,925
51,596
Ashes
.
Beaus
4,440 1,714.867
Total
WITHDRAWN FROM WAREHOUSE AND THROWN INTO
ING THE SAME PERIOD.
Manufactures of—
Wool
Cotton
Silk
Flax
Miscellaneous
565
Total
Ent’d for consumpt.
Total
THE
5G0
279
98
290
354
76,711
107,794
80,400
19,068
1,707
605,378
3,489 1,215,579
6,220 2,241,359
DUE-
221,531
88,186
74,077
60,894
13,546
1,581
458,234
4,339 1,554,789
5,196 1.820,957
ENTERED FOR WAREHOUSE DURING
MARKET
5,920 2,013,023
SAME PERIOD.
448
Cotton
Silk
Flax
Miscellaneous
64,301
478
110,902
17,056
107
Total
Ent’d for consumpt.
534
206
91
314
41
186,770
32,162
111
91
1,235
411,191
4,440 1,714,867
Total at the port...
612
296
231,192
65,936
105,868
79,489
8,758
113
713
476
1,216
491,243
3,489 1,215,579
5,675 2,126,05*
-
233,712
81,770
92,376
110,031
49,457
567,349
4.339 1.554,789
2,210
4,705 1,706,822
6,549 2.122.138
Imports of Leading Articles.
The following table, compiled from Custom House returns,
shows the foreign imports of leading articles at this port since
January 1, 1879, and for the
same
period in 1878:
[The quantity is given in packages when not otherwise specified.]
|
1878.
1879.
China, &c.—
China
Eartheuw
Glass
Glassware.
Glass plate.
Buttons
.
Coal, tons...
Cocoa, bags.
Coffee, bags.
Cotton,bales
Drugs, &c—
Bark, Peru.
Blea. powd.
Cochineal..
Gambier
.
.
Gum, Arab.
Indigo
Madder, Ac
Oil, Olive..
Opium
Soda, bi-cb.
Soda, sal...
Soda) ash..
8,517
24,105
133,816
21,277
3,150
6,270
33,125
20,823
1,447,508
9,901
27,786
11,938
2,305
30,872
3,730
4,207
1,963
30,434
817
....
Flax
Furs
8,915
39,038
Hair
.
37,330;
41,724
....
Bristles
India rubber
..
.
2,823
Raisins
880
3,213
30,730
1,020
Hides, uudr.
1,553;
3 41
2,028i
435
342!
Liverpool
....
London
Glasgow
Bristol
Hull
lbs.
62G
50
25
88
641
223
005
....
...
Cork
Fustic
Logwood
Mahogany.
75
50
Hamburg....
Bremen
......
Antwerp....
Havre
10
Marseilles... .'
10
25
40
15
Italy
-Cont’l ports..
Lisbon
B.&C. America
West Indies..
Brit. Col
Oth’rcountr’s
‘Total week
Previous w’k
..
1,323,050
11,100
93,500
45,000
27,500
413,200
112,000
1,435,907
00,400
22,000
4,347
893
713
303
105
..
50,902
111,884
91,837
31,865
21,717
$
848,819
943,332
$
41,002
492,105
253,418
1,017,117
1,319,287
508,434
401,140
239,823
7,147,720
190,044
224,879
93,003
320,377
195,709
120,285
41,001
283,124
124,040
325,545
91,354
451,683
131,903
284,401
29,547
402,870
43)655
12,460
19)188
731
No.
5,426
.bales.
.bales.
1,679
Hops
Leather
.sides.
97,143
141,105
89,842
47,431
2,690,813
448,463
4,941
75,438
122,998
120,013
81,978
50,536
2,654,822
1,973
50,914
759
250
352
50
1,215
45,304
198,507
15,716
1,686
264,385
11,840
1,438
279,504
11,247
.
.
Hides
1,591
78,937
4,953
.hhds.
Molasses
Molasses
lbs.
lbs.
5,720,073 1,465,752
216,575
706,340
796,375
337,920
341,225
555,540
479,275
689,520
95,000
116,375
1,035,500
1,190,695
4,200
299,250
72,125
502,641
1,437,897
15,303
207,027
6,784
2,213
0,055
3,314
11.609
3, < 87
6
..bbls.
499,938
18
112,631
Naval Stores—
Turpentine, crude.. ..bbls.
Turpentine, spirits.
bbls.
.
Rosin
Tar
Pitch
Oil cake
2,356
0,010
..bbls.
..bbls.
.bbls.
.
.pkgs.
252,558
13,033
Oil, lard
Oil, whale
..bbls.
Peanuts
Provisions—
Pork
Beef
Cutmeats
Butter
Cheese
.bush.
1,340
67,984
48,656
.pkgs.
1,632
502
170,829
25,332
174,283
.pkgs.
•pkgs.
•pkgs.
45,059
29,529
1,168,258
.pkgs.
80,779
5,611
7,954
1,009
837,761
738,426
1,850,024
350,245
.galls.
Eggs
Lard
Lard
tcs. &, bbls.
.kegs.
...No.
Hogs, dressed
Rice
.pkgs.
Spelter
.slabs.
Stearine
•Pkgs.
•
Tallow
.hlids.
.bbls.
bales.
Wool
m
1,326
5,366
4,183
3,379
1,013
cases.
*
•
122
138
253
-l>kgs.
boxes &
mm-
459
.bbls.
lihds.
Sugar
Sugar
36,651
887,712
1,490,268
326,422
513,088
526,774
28,161
19,807
41,832
49,869
24,748
62,816
19,197
1,373
30,439
63,854
105,320
57,319
176,811
81,318
19,664
14,662
650
14,786
52,543
121,231
97,349
124,411
60,465
Exports of Leading Articles of Domestic Produce.
following table, based upon Custom House returns, shows
exports from New York of all leading articles of domestic
produce for the week ending with Tuesday last; also the exports
from the 1st of January, 1879, to the same day, and for the
corresponding period in 1878:
the
•
Week
ending
Aug. 19.
bbls.
....bbls.
Ashes,'pots
Ashes, pearls
....bbls.
....bbls.
....bbls.
.bush.
.hush.
.bush.
.bush.
.bush.
.bush.
Flour, wheat
Flour, rye
Corn meal
Wheat.
..
Rye
1,132
16,585
7,144
5,501
lbs.
89,100
Barley
..
Corn
Candles
Coal
Cotton
Domestics.
..
...pkgs.
tons.
...bales.
•...pkgs.
Hay
Hops
..
..
Naval Stores—
Crude turpentine
.
Pitch
46.200
31.200
137,600
62,000
253,000
17,152
37,669
11,930
6,197,143 10,600,199 3,789,634
878,811
5,130,925 13,892,524 5,080,840 3,189,360
Lard.,.
Rice...,
1,870,908
1,547,547
256
4,535
103,318
32,732,163
2,502,768
369,190
101,870
233,863
3,134
142,394
28,253,828
74,578
3,980
3,058
540,130
1,193
1,072
9,922
2,051
1,885
849
*
38,724
50,396
180,703
81,413
44,773
19,273
135
11,365
158,516
116,721
3.360
5,566
4,066
8,292
1,018,699
1,386,930
201,436
281,126
450,043
864,401
6,513
4,856
95,562
28,449
801,945
6,741
4,542
7,535,718
150,654,813
118,137,858
....bbls.
....bbls.
6,002
154,732
899
33,410
.tierces.
1,079
9,192,248
839,008
3,299,956
4,500,081
159,687
32,595
40,615
321,419,618
12,867,905
91,022,336
182,051,732
14,702
—
'...
lbs.
—
21,621,809
285
885
102
2
...
gals.
....gals.
....gals.
—gals.
gals.
2,617,823
2,194,021
1,516,149
306,309
18,631,995
29,689
36,207
272,961
98,689
42,081
37,515
100
...
—
Oil cake
Oils—
Whale
Lard
Linseed
Petroleum
Provisions—
Pork
Beef
Beef
Cntmeats
Butter
Cheese
bbls.
bbls.
bbls.
....bbls.
bbls.
978
170
71,566
1,702,146
.hales.
.hales.
4
119,534
..
Peas
Same time
last year.
28,678
3,082
..
Sperin
206,800
110,000
98
..
Oats
Since Jan. 1,
1879.
1,046
Beeswax
Breadstuffs—
Rosin
Tar
Bacon,
677,080
25,030
4,110
7,887,553
2,765,339
458,647
.bags.
.bags.
'345
68,842
..
2-.
1,487,855
25,427,607
6,632,654
2,326,007
16,158
.
Spirits turpentine.
Lard,
34,598,500
647
Whiskey
distribution:
bbls.
2,550,253
131,087
31,857,564
2,130,692
23,285,533
239,217
441,829
1,389,137
526,669
35,322
following are the exports of provisions from New York,
Boston, Baltimore, Philadelphia, Montreal, Portland, and New
Orleans, for the week ending August 16, 1879, and their
Beef,
3,182,664
105,491
440
979,230
454,877
Exports of Provisions.
bbls.
.
2,318
Tobacco
Tobacco
The
Pork,
2,867
46,740
.bush.
426,622
969,848
1,416,983
432,484
421,281
6,845,152
Pepper....
Saltpetre
04,533j
4,247
42,581
.bales.
.bbls.
500,400
251,506
212,9681 Woods—
3,101
Hardware
...
....
1 Ginger
75,443
To—
.
Peas
Cotton
Cotton seed oil
Flax seed
Grass seed
Hides
9,537,592
85,873
40,364
545,739
27,507 Spices, Ac.—
1,093 Cassia
300.313
Metals, Ac—
Cutlery....
.
4,280
717,705
Same time
last year.
The
3,035 Rice
412
.
..
1878.
329
..
598; Lemons
2,918 Oranges
119,535 Nuts
1,720
.
Watches
Linseed
Molasses....
.
Barley and malt... .bush.
28,042
G73.359
7,452,193
84,094
32,585
4,229! Fruits, ike.—
934
Ivory
Jewelry, AcJewelry
.
2,0S0 Fish
128,799
.
..
Hides,dr’sd
Corks
.
6,622
1,109,597
48,102
887,031
40,784; Fancy goods
500
Gunny cloth
1879.
Metals, Ac—
8,100 Lead, pigs.
23,182 Spelter, lbs
144,7S9 Steel
14,460 Tin, boxes.
3,492 Tin slbs.jlbs
5,723 Paper Stock.
79,380 Sugar, hlids,
15,939 tcs., & bbls.
1,019,668 Sugar, boxes
3,413! and bags...
| Tea
23,904! Tobacco....
16,841 Waste
1,480 Wines, &c.—
12,82 i! Champ’gue
2,2191
baskets..
4,598i Wines
2,080; Wool, bales.
£7,416; Reported by
466; value.
15,426! Cigars
1,927
5,980
Hemp, bales
Hides, &c.—
Flour, wheat
Coni meal
T A*.n d
Manufactures of—
Wool
1879.
Breadstuffs—
Wheat
321,405
313
158
401
34
526,492
1,780
4,440 1,714,867
market...
on
801
244,495
90,096
105,272
63,651
22,978
274
115
308
518
4,339 1,554,789
3,449 1,215,579
Since Jan. 1,
ending
Aug. 19.
lbs.
....bbls.
Tallow
...lihds.
Tobacco, leaf.
Tobacco
bales and cases.
Tobacco, manufactured, lbs.
Whalebone
-
.
.
36,098
388,097,448
20,035,494
89,276,318
163,810,453
477
10,421
1,182,673
44,029,526
1,950
35,175
1,023
140,132
17,618
4,333.173
40,510
-
48,928,390
66,665
48,861
4,011,279
85,789
THE
1S79.1
August 23,
Pot, aatorted
V ft.
4% S
4Y
BREADSTO FFB—See special report.
building* MATERIALS—
tiricks—Common hard, afloat.. f» M
2 5)
Croton
22 00
35 00
35 00
75 00
IS
14
20 00
•
■
•
0
.*
white.Eng.Cliffs o&e V luOft.
BUTTER— iWholesale Prices)—
State, palls & tubs, fair to chce,f» fl>.
West’n creamery eood to pr.me "
Welsh, State, fair to choice.... “
Western dairy, lair to choice.. *'
Paris
-
*
*
60 00
22 00
SO
45 00
45 00
0
0
0 45
0
95
2
4
4
2
•
•
•
•
»
15X
MX
0
12X
factory, fair to prims
ft ft
*'
4xa
5
5
4X0
0
11 00a
8 CO
Liverpool housc cannel
Anthbacitk—The following will show prices at
scheiule rat^s; the names im¬
mediately above the figures indicate the places of
delivery:
•
•
•
i
last auction or present
D.& H.
AuctLn.
d. L&\v.
Schedule. Auction.
J uly 3d.
Newburg.* v Hoboken.
Penn.
Bt’mb... $2 <0
Grate.... 2 31
Aug. '3. r
Weehawkea.
*
2 10
••
$J 10
2
3 35
5 L. & w.
Schedule.
Port
Johcst’n.
$2 2*i
2 20
12X
3:X
do
do
prime,
java, mats
Native Ceylon
“
“
“
“
Mexican
Jamaica
Maracaibo
“
"
“
Laguayra..
“
good,
St. Domingo
“
Savanllia.
Costa Rica
“
*
COPPER—
COTTON—See special report.
DBUG8A DYESAlum, lump. Am
V
Aloes, Cape
Aloes. Barbadoes
12
14
25 X
16
15X
15
17
15 X
lix
@
17
a
17
....a
21
22
24
0
loxa
1CX
100 ft.
1
*7X0
V100 ft.
Vft.
W 100 lb.
per ton.
...VMS.
12
0
2)
2
0
0
0
8 50
2 00
12X
22
o
3
60
11-200
1 20
..
& 1 25
.& 24 00
2X0
..
....0
25
V gal.
....0
90
3
25 0 3 5)
CauBtic soda
f* 100 lb.
15
Chlorate potash
62X0 15 75
57 0
69
Cochineal,Honduras, silver
51 0
Cochineal,Mexican
..........
55
Cream tartar, powdered
29X3
19
13 0
16
Cabebs, East India
Catch
5*0
_6*
3
per 100 lbs.
Gambler
62x0 3 75
1 Oj 0
1 15
Ginseng
15 0
16
Glycerine, American pare
22 0
23
Jalap
•
23 0
30
Licorice paste,Calabria.....
24 0
30
Licorice paste,Sicily
30
Licorice paste,Spanish,solid
25 0
„
_
6X0
4 q
19 0
1X0
Madder, Dutch
Madder.French,
Nutgalls,bine Aleppo
Oil vitriol (66 Brimstone)
Opium,Turkey
(in bond).
Prusslate
potash,yellow. Am
Quicksilver
Quinine
thubarb, China .good to pr
3al soda, Newcastle
fliuoib.
Shell Lac, 2d A 1st English
fift.
Seda ash
V 100 lb.
JX
A*
2
....0
21 0
3 75
25
0
0
0
40
2
CO*’
<0
1
07*
31
3 50
35
!8
155
8ugarof lead, white,prime..,. fMb.
Vitriol, blue.common
0
0
...0
5X0
FISH—
Gr’d Bk.A George’s (new) cod.V qtl. 3 i0 0
pr.bbl.
Mackerel, No. I, M. shore
...c|
Mackerel, No. 1, Bay... .®
Mackerel,No.2 Mass.shore
5 OJ 0
Mackerel. No. 2, Bay
.0
i
6
1 fo
15
6
4 25
.
6 00
3 30
0
do
Layers
Loose
do
do
Valencia.....
Currants
Citron
1 45
0
Prunes, Turkish,
do
1
52X0
7
4X0
1<X0
f>X0
new
French
10
Dates.....
Figs, new
Canton Ginger..,-...
Sardines, V half lot.
Sardines, V quartar box
Macaroni, Italian
4
do
fl lb.
quarters
State, sllctd,
do
quarters
Peaches, pared, Ga.,eood
do
unpared
Blackberry (new)
to ch’ce..
halves and qrs...
Raspberries (new;
Cherries. pitted, ary mixed (new)..
Plums, S' »te...............
00
Damsons
....
Wbortleberries (new)...,.,..
iex
11
U
0
.....
3
0
...@
3X0
3X0
£3 ®
0
„
__
5s<a
24 a
15 a
' N^nt
1*
13
4
6
29
1«X
None here
11
w
20X
10
20 x
0
0
0
17
20'X
9X3
8X0
9X0
T6X&8
do
14
9
1.stock—Cal.,slaught.cow. “
Calcutta, dead green
“
10
“
l 5li
1 6J
2 <0
2 10
0
0
l 60
0
.,4.
0
1 :»5 0
1 4.*X®
7*
1
1
2
2
1
75
65
lir
15
65
0
1 45**
2 05
5 50
a
5 62
5 (»
3 CO
0
9
2 10
...
100 ft.
Domestic, common
Dmestlc reflneJ
.
Pepper, Batavia
do
Singapore
ft r>
....0
t
19 0
U'A
Cassia, China Llgnea
V?
Ginger, African
do
white
do
.0
....0
-0
...
Batavia
7
•
do
Calcutta
Mace
12
1U
8X
7
10
0
3
0
0
Yearlings
«*
92
tmall
Brandy, foreign brands
Rum—Jam.,4th proof
St.Croix,3d proof.
Para, fine....
6«X®
Para, coarse
Esmeralda, prebsed, strip
Guayaquil, pressed, strip
Panama strip
Carthagena, Dressed
Nicaragua, sheet
Nicaragua,scrap
“
Whiskey, Scotch
•*
“
Alcohol, cuty laid
Whiskey
12
....0
0
8
2
P
3
“
...
do
Irish
Domestic liquors—
52
....@
...e
55 @
53 0
ft gall.
**
17
UO
50
75
60
60
IRON--
Pig,American, No.1
Pig,American,No.2
Pig, American, Forge
Pig, Scotch
V ton. 21 00
IS CO
21 59
0 21
0 2)
<a 21
@ -23
-store
Prices,
19 5>
fO
50
60
r0
Bar, Swedes, ordinary sizes... V lb
0
i\
Bar refined, Eng. and Amer.per ton. 17 50 0 19 0u
Sheet, Russia, 8 to !4
^n>
'.1X0
12
Rails, American, at tide-water
39 On 0 43 01
Steel rails, American, at tide water. 49 10 0 5J uo
«
American machinery
American German spring
“
•*
I*, 100 lbe.
....0
4
V lb.
12X0
....0
“
....0
LEATHER—
Hemlock. Buen, A’res, h.,m.& l.V0>.
20 0
*•
California, h., m. & 1
19X0
"
common hide,h., m.19
rough
25
Slaughter crop
Oak, rough
Texas, crop
.
29
26
29
Inferior to common
Fair
Demerara
Porto Rico
do
50 test
N. O., com. to choice
<3
“
“
@
0
23 0
....@
24
“
25
34
0
0
Tar, Washington
,....V bbl.
Tar, Wilmington
**
Pitch, city
'*
Spirits turpentine....
V gal
Rosin, strained to good strd.f) bbJ
low No. 1 to good No. 1
“
"
low No. 2 to good Uo 2
“
••
low pale to extra pa’e.. “
“
window glass
“
“
1 70
1 70
0
do
0
....0
0
0
187X3
1 37^ t
3 12x0
4 50
0
“
••
••
ft lb
53
0
@
(g,
@
0
Brazil, (new)
Fllnerts, Sicily
Walnuts, Naples
U
Pecan
7
OAKUM—Navy,U.S. Navy & best fi lb.
OILS—
Cotton seed, crude...
ft gal.
Olive, in casks ft gall
*•
“
Linseed, casks and bbls
Menhaden, crude 8ound.....
“
Neatsloot, No. 1 to extra
Whale,bleached winter
Whale, crude Northern
Sperm, crude
Sperm, bleached winter
Lard oil. Nos. 1 and 2........
“
**
“
“
“
75
90
“
0
0
0
0
v ft.
f>a
l*
Sun.to fine
Extraflnetoflnest
Hyson Skin. A Twan.-com. to fair.
do
do '
Sup.to fine
do
do
Ex fluetodneet
Uncolored Japan,Com.to talr..,,,,
36
1 0»
64
s*
5
•
do
Superior to fine
do
Ex fine to finest
Choicest
do
8ouc.& Cong.,Com. to talr
do
Snp’rto fine
do
Bt. flneto finest
do
Choicest
Banca
73
23
..
¥*ft.
Straits
"
English .refined
*•
Vbx.
Plates. 1. C., coie
Plates.char.tarne, 14x20
OIL C AKE—
.0
City, thin ohlong.bags
fi ton.
Western, thin oblong (Dom.). "
2S 50 0
”
ft gal.
Cases
5
Refined
6Xa
Naphtha,City, bbls
“
4
0
8 75
a
Pork, mess,spot..
Pork.exira prime
Pork, prime mess, West
Beet, p ain mess
ft bbl.
"...
“
**
**
“
6
iox
ft ft
"
.,
“
9 00
...0
10 25 @ 11 CO
11 50
17 73
5
10
5i'85
0 12i0
0 13 0J
0
0
11*
0
•
RICE—
Carolina, fair to prime
f)!h.
Louisiana, fair to prime
“
Rangoon, in bond,
..ft 102 !b
ft bash.
per
“
ft lb
100 lb.
"
24
3X
0
28
@
....0
6
5 25
3: 50
♦
•
Tsatlees, No. 3
Re-reeled Canton Congoun, No. 1..,
5i 25
•
•
2 50
0
9
5 50
3 62X
&
5 75
0
<0
SILK-
Tavsaams. No. 1
Re-reeled Tsatlees, best..
•
6*0
....0
ft sack.
•
7%
3
None.
6! OO <m
5>25 0
22
0
E9
48
7U
25
39
0
50
@
8ff
<0
23
0
0
0
34
45
13
15
0
@
«*
0
21
15
47
2Z
32
m
0
0
0
0
0
45
@
27
0
70
23
35.
40
55
0
B0
@
TO
«
17X*
13
15X2
16
5 62*
5 75
TOBACCO—
0
“
“
22
32
40
0
0
5 12X0
5 5J S
f»ft
Kentucky IngB, heavy
leaf,
“
com. to fine.
Virginia LeafLugs, common to fine
Darnwrdpper*
Bright wrappers, common to fine.
Yara, 1 and il • uts, assorted
Havana, com. to fine
Manufac’d.ln
bond, black work
*•
"
bright work
“
PETROLEUMCrude, in shipping order
0
0
0
TIN—
4J
0
0
.0
7
13—10
18
28
S3
17
25
80
55
18
Oolong,Common to lair...
10
0
0
0
Sup’rtottne
Ex.flnetoflnest
8X
8*
7*
7X
SXtf 5
25
38
55
17
30
43
60
18
27
3-i
12
14
Ex. fine to finest
Choicest
do
•• «*
•
Nominal.
Choicest
do
6*
6X
17
Imperial,Com.to fair
(.0
6 25
5 50
0
0
25
85
do
7X0
f3
00
61
26
50
43
33
6
Gunpowder, Com to fair
do
Sup.to fine
do
do
•
7*
3*
6*
7*
3X0
8X1
8^0
8X0
%% 0
^4
7X0
7XA
7X0
6*0
Ex.flneto finest
do
•
6*
&
0
7X 0
Super.to flue
do
•
6
“
do
to
NUTS—
Almonds, Jordan shelled
7
“
Uyson, Common to fair
do
Superior to fine
Extra flne to finest
do
6*
4
na
do
Choicest
Young Hyson,Con*.to fair
UO
0
5X
“
“
Prime city
f5
25
•••f
6
“
“
*•
cut loaf
TK A.—
1 89
1 ."0
1 20
26 X
3 Xs
• •• ♦
"
53X
NAVAL STORES—
»
10
0
Manila, sup. and ex. sup
Batavia, N os 1"@12
Brazil, Nos. 9011
Rpfined—Hard, crushed
tallow—
40X
.
4X0
20
24
23
11*
..0
...
•*
“
28
20
10*
18
Melado
“
IS
24
*
14
0
6x0
«xa
off A
do
White extra C
Extra C
“C”
“
“
2 OO
Centrifugal, Nos. 7@I3
fair to prime
ciayed, Nos. 10012
.
Coflee, A. standard
ft gal.
“
0
0
“
“
“
“
Yellow..
Cuba, clayed
Cuba, Mas.,50 test
3 90
...&
refining....ft ft.
!»
MOLASSES—"
0
....0
“
Good refining
Porto l.Ico. refln
23
32
320
9X@
10X0
“
“
Hard,powdered
do granulated
32
29
0
SUGAR-*
boxes
LEAD—
8 00
4 00
6X@
“
American blister
American cast, Tool
American castsprlng
0
0
0
9
English German,2d A 1st quality “
SALTPETRE—
Refined, pare
Crude
Nitrate soda...
42
0
Store Pricef.
16
14X0
English,cast,2d&lstquality ....ftlb.
English,spring,2d A istquallty.. “
English blister,2d& Istquallty.. *•
English machinery
Beef, extra mess,
Bepfh&ius,Western
Bacon, West, long clear
Hams.smoked
Lard, City steam
79
0
0
1 93
1 16
STEEL—
....@
Mexican, sheet
“
...0
...
Honduras, sheet
Ordinary foreign
Domestic, common
Bar (discount, 10 p. c.)
9S
gold.
3 80 0 «7 00
ft gal!.
“
Gin
75
0
.
SPIRITS—
INDIA RUBBER-
1*
....0
62X®
„
Nutmegs, la*g>
do
17*
••
Cloves
*do stems
9
19
12
11
5
10
@
.8*
Oj
SPICES—
Pimento, Jamaica
Western
Olds, all growths
“
Canary, guamt-h
Canary, Dutch
19
12
11
0
0
0
0
9
8
HOPSNew Yorks, new crop, low to fair...
do
new crop. mcd. to choice
Eastern
SALT—
Turk’s island
St. Martin
Liverpool .Ashton’s fine
•
Apples,Southern,sliced
do
do
4X
14s
6X
16
\6
f*
*<X
5 50
“
«.
do
case.
1 47X
1 62 X
15
11
....V
'*
Domestic Dried-
0
0
PROVISIONS—
FRUIT—
Raisins,Seedless, per 50lb.frail
0
20
“
Sheet
Canary, Smyrna
Canaty, Sicily
Foreign
0
20
do....
Barbadoes
lb.
Arsenic, powdered
Bi carb. soda, Newcastle
Blchro. potash.
Bleaching powder
Brimstone, 2n is & 3rde
Brimstone, Am. roll
Camphor refined
Castor oil, E .1. in bond
14X
10X3
Sheathing, new (over 12 ozj
Braziers’(over 16 oz.)
American Ingot. Lake
v
H*
....a
...a
24
14
14
12
12
13
».
Bolts
**
'•
2 20
2 72X@2 '5
2
2 5)
2 JO
2 55 &i 57 X
Ch’nut... 2 35
2 3)
•
50 cents additional lor delivery at New York.
§ L. & W. quotations are for Wilkesbarre coal.
COFFEE—
¥>n>
Rio, ord.car
....ft
11X
do fair,
do
....<3
Stove....
6X®
Flaxseed, American, rough
Linseed, Calcutta
ft 56 A.
Linseed, Bombay
n n a.
5
19X0
California,
Calcutta, buffalo
•
•
CBEttSh.—
Ohio flat, fair to fine
COAL,Liverpool gae cannel.....
do....
do....
do....
do....
•*
"
"
E.
9
0
do....
22
21
23
..
•
ft ft.
ft bush.
SPELTER—
Dry—Buenos Ayres,selected. .fift.
Matamoras.
do
*•
WetSalted— Buen. Ay, selected “
Para,
do.... “
SX
0
3.Y0
Orinoco,
California,
25
16
00
35
60
6J
6)
Clover, Western
Clover, New fork State
Timothy
Hemp, foreign
6X0
Montevideo,
Corrientes,
Rio Grande,
1 40
12X»
14
11
9
t
16j 00
HIDES—
@15u 00
0
0
0
7
0
fX «
3
0
*x 0
1 2i 0
3dflne
Cutsplkes,allsizes
Faints—Ld., In ol\ com., pilce. V a
Lead, dry, combination, piiC3...
do
do
50
&
145 GO(ft
li 5 1 0$
17u 0)0
i5J 00*
Jute
,,
,
Amerlcan dressed
American undressed
Russia clean
Italian
Manila
Sisal
@ 26 00
0
0
0
0
0
V M. ft.
Kails—lO06Od.ecm.fen.A sh.fl keg
3
Clinch,lx to 8 in. A longer
Zinc, oxide, dry
y 50
40 IKJ
13 00
22
Maple
7 25
0
0
0
do
gprnce boards A planks, each
Hemlock boards, each
0
9)
70
90
Cement— Rosendale
...V bbl.
Lime— Rockland common....V bbl.
Rockland, finishing
.....
45
HEMP AND JU TE-
ASHH8-
Egg
SEEDS—
HAYNorth River shlnp^ns....
PRICES CURRENT
-
207
GUNNIES.—bee report under Cotton
4JJSN EitAL
Btate
CHRONICLE.
WOOL—
American XX
American. Nos. 1 A 2
4X9
5
6x0
12
2
12
@
0
15
0
72X0
80
11 0
14 0
f*ft
.American,Combing and Delaine,...
Extra,Pulled
No.1, Pulled
California, Spring ClipSuperior, unwashed
82
84
0
0
3>
&
81
18
0
24
0
Fair
Interior
24
18
0
0
Barry
15
0
8jath
Am.Merlnc, unwashed
(Jape Good Hope, unwashed
Texas, fine, Eastern
Texas, medium, Eastern...
Smyrna.unwashed
FREIGHTS—
ToLrvftftrooL:
Cotton
ft ft.
Flour
» bbl.
Heavy goods. .f> ton.
Corn.b’lk Abgs.f> bn.
Wheat, bulk A bags..
A
ftl
VA/v
-
,—
STB AM.
1.
s.d.
0
27 0
26 0
26 0
13 0
,
<t.
3-lo0
X
.9 3 0
3) n 0 5 0
2 9
^7 0....
7*0
7\
It Q
/3.A
SAX'
s.d.
T-U
....0
’« <x *
2J 0 0
....0
A
30
6’*
7
7
[VOL. XXIX
CHRONICLE
THE
208
Financial.
Steamships.
Commercial Cards.
O N F Y
Brinckerhoff, Turner
STOCKS and BONDS
Direct Line to France.
At Auction.
REGULAR AUCTION
hold
undersigned
47he
SALES of all classes of
BONDS,
AND
STOCKS
The General Trans-Atlantic Company’s
Mail Steamships,
SATURDAYS.
NEW
BUFFER A SON,
PINE STREET. NEW YORK.
No. T
And all kinds of
COTTON CANVAS, FELTING DUCK, CAR
AND HAVRE.
YORK
The splendid vessels on this favorite route for the
Continent—cabins provided with electric bells—will
sail from Pier (new) No. 42 North River, foot of
Morton street, as follows:
Wed., Aug. 27,2 P. M.
FRANCE, Trudelle
ALBERT H. NICOLAY, Anctioneer
CANADA, Kranguel
Wed., Sept. 3. 0:30 A. M.
LABRADOR, Sanglier
Wed., Sept. 10,12 M.
PRICE OF PASSAGE, (including wine):
Stocks and Bonds
We hold
oar
Regular Auction Sales of all classes ef
utensils.
Our Established Days 28
■■ ■
—
H. F. Gilbert &
No. 16 Broad St. (near
Co.,
Wail),
STOCK BROKERS.
AND
BANKERS
Atlas Mail Line.
and South America, Calling at
following ports, viz.: Kingston (Jam.), Cape
Hayti, Gonaives, St. Marc, Port au Prince, Aux
Caves and Jacmel, in Hayti; Santa Martha, Savanilla, Carthagena and Aspinwall, in Colombia; and
Greytown, Nicaragua.
Regular Fortnightly Sailings from Pier No. 51
North River as follows :
For Hayti, Colombia, Greytown, Port Limon, Aspin¬
wall, Panama, and South Pacific Ports :
ANDES
Aug. 27 | AILSA
For Kingston (Jam.). Hayti and Maracaibo:
ALPS
I CLAR1BEL
Superior first-class passenger accommodations.
P1M, FORWOOD & CO., Agents,
For West Indies
.
the
m
—
————
■
■'
CO.,
St., New York.
Pine
43
No.
Also, Agents
United
bought and sold on the NEW YORK STOCK
a margin of 3 per ctnt, If desired
Equal attention given to small and large Investments.
Any Information giveD personally or by mall. FirstStocks
EXCHANGE on
_
No. 37 Wall
A full snppljr all Widths
No. 109
Gaylord,
J. Alden
St., New York,
33 Wall
IN
DKALBK
«T. LOUIS CITY & COUNTY BONDS
AND ALL CLA8BK8 OF
INVESTMENT & MISCELLANEOUS SECURITIES
Refers by permission to W. S. Nichols A Co„ Bankers
John B. Manning,
J
No.
BANKER AND
BROKER,
Street, New York City,
Wall
14
SOUTHERN
A
SECURITIES
SPECIALTY.
State, Municipal and Hallway Ponds and Coupons
bought and sold at best market rates. Investors or
dealers wishing to Duy or sell are Invited to communi¬
cate with us.
Member of the New
and Colors always in stock.
Street.
Duane
Hong Kong & Shanghai
Banking
Corporation,
Office, Hong Kong.
Head
Russell & Co.,
Hong Kong, Canton, Amoy, Foochow
ttkangha* and Hankow, China.
Shanghai
Boston Agency,
) New York Agency,
J. MURRAY FORBES,
8. W. POMEROY JB30 Central Street. S
59 Wall 8t„ N.Y
£
Wire
Rope.
STEEL AND CHARCOAL
Street.
superior quality
MINING AND
HOISTING PURPOSES, In¬
clined Planes, Transmission
of Power, &c.
Also G»1
vanlzed Charcoal and BBfo T
IRON
E.R.Mudge,Sawyer&Co
Ships’ Rigging, Suspension
Bridges, Derrick Guys,Ferry
Ropes, &c.
A large stock
constantly on hand from
which any desired length
are cut. FLAT STEEL AND
IRON ROPES for Minin*
Co.,
Atlantic Colton Mills,
Saratoga Victory Mfg Co.,
AND
Hosiery,
Shirts and
From Various
Drawers
manufactured to
purposes
order.
Mills.
BOSTON,
15 Chauaost St.
NEW YORK,
43 A 45 Whits Stbsbt.
ef
suitable for
Cards.
AGENTS FOR
Washington Mill*, Chicopee Mfg
Burlington Woolen Co.,
Cllerton New Mills,
Wall St., N. T.
COMMISSION
MERCHANTS
AND SHIP AGENT
class references.
Commercial
Company.
States Ranting
AGENT,
8. W POMEROY Jb.. 59
H. NICOI.AY A
AFBERT
55 Broadway.
Years,
Special Sales on other days when required.
Or
apply to
Agent,
“AWNING STRIPES.’
.
..
DE BEBIAN,
LOUIS
THURSDAY,
„
.
.
^
Return tickets at very
twelve months.
For passage and freight
BONDS
AND
EVERY MONDAY AND
m
ding and
AUCTION.
STOCKS
$05:
bed¬
reduced rates, available for
To Havre—First cabin, $100; second cabin,
third cabin, $35: steerage, $20, including wine,
COVER
1NG, BAGGING. RAVENS DUCK, SAIL TWINES
AC. “ ONTARIO * SEAMLESS BAGS,
,,
.
AT
COTTON SAIL DUCK
BXTWUN
WEDNESDAYS AND
Co.,
manufacturers and Dealers In
OH
ADRIAN II.
&
PHILADELPHIA,
J. W. DAYTON. 23H Chkstnttt 8tbs*T.
JOHN W. MASON Sc CO.,
43 Broadway. New York.
Insurance.
George A. Clark & Bro.,
MARINE AND INLAND
INSURANCE.
YorkFtock Exchange.
OFFICE
OF THE
George Eustis & Co.,
ORIENT
BROKERS,
Mutual Insurance Co.
Assets, 31st December,
AND
MIL WARD’S
CINCINNATI, OHIO.
400
HELIX
NEEDLES.
81,133,276 63.
BROADWAY, NEW YORK.
T R U m E s
BANKING HOUSE OF
G. W. Norton
CASH
& Co.,
John Dwight & Co.,
MANUFACTURERS OF
CAPITALIt200,000.,
OF
LOUISVILLE,
P.
BANKERS
No.
305
ST.
Wil iam Pohlmann,
KENTUCKY.
F. Keleher &
AND
Co.,
SODA.
No.
II
Old
Carl L. Recknagel,
W. F. Ca y, Jr.,
Supplied.
Carl Vietor,
Ramsay Crooks,
Arthur B. Graves,
H. L. Chas. Renanld,
Street,
PORTLAND,
MAINE,
Government, State, County, City and Rail¬
road Bonds, Bank Stocks, Ac.
Desirable Investment Securities constantly on hand
Dealers in
Henry E. Sprague,
John Welsh, Jr.,
Lewis MOrris,
Chas. F. Znrmermann,
Tbeod re Fachiri,
C. L.F. Rose,
Wm 8. Wilson,
F. Consinery,
Gustav Schwab,
George H. Morgan,
L. M. CalvocoreasL
CHARLES IRVING, Secretary.
ANTON METZ, Assistant Secretary.
tm.
BROKERS,
200 Middle Street,
Walter Watsop,
I rnei-to G. Fabbri,
ALFRED OGDEN, Vice President.
Swan & Barrett,
AND
His Celebrated
Numbers,
styles may be had of all dealers
throughout the world,
Joseph Gillott & Sons*
New Yerk.
Of Superior English Make.
Samples of our leading styles,
\
*
*
I
303-404-170-361-332,
and his other
INSURANCE
COMM
OF NEW YORK,
F.S. WINSTON,
PERRY k
.
Alex. M Lawrence,
J< ho D. Dix,
Charles Munzinger,
EUGENE DUTILH, President.
a
State, County. Township
and Municipal Bonds. Coupons collected. Missouri
Bonds a specialty. Foreign exchange bough and sold.
BANKERS
Hamilton,
Constantin Meielas,
Slip, New York1
The Jobbing Trade ONLY
LOUIS, MO.,
Bur and sell Government,
Alexander
BROKERS,
Olive
George Mosle,
Edward F. Davison,
Henry DeB. Routh,
E. H. R. Lyman,
Henry R. Kunhardt,
Hugh Anchincloss,
Lawrence Wells,
SUPER-CARBONATE
1878,
ISSUES EVERY APPROVED
fo
trial, including the famous “ U
and “FALCON” Pens, by mail, on
receipt of 25 cents. Ask your Sta¬
tioner for PERRY’S PENS.
son,BlaRtmaii,Taylor & Co
?
Sole Agents for U.S.
New York.
PRESIDENT.
DESCRIPTION OF
LIFE AND ENDOWMENT POLICIES
0N.TERMS AS FAVORABLE AS THOSE OF
ANY OTHER COMPANY.
ORGANIZED APRIL 12™ 1842.
—/
J
@FedFRASER