Full text of Commercial and Financial Chronicle : August 23, 1879, Vol. 29, No. 739 [Copy 2]

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HUNT'S MERCHANTS' MAGAZINE,
REPRESENTING THE COMMERCIAL AND INDUSTRIAL INTERESTS OF THE UNITED 8TATES

VOL.

NEW

29.

YORK, AUGUST
Financial.

Financial.

Anversoise,

R. A. Lancaster & Co.,
BANKERS AND BROKERS,
66 BROADWAY, NEW YORK,
Co.,
DIALS
IV

I.N.PHELPS.
JAMES STOKES.

BS

„..,„„„„

ANSON PHELPS STOKES.

- -

&

Phelps, Stokes

First-Class Investment Securities.

Antwerp.
Paid-Up Capital,

9,000,000 Francs.

45

WALL
DRAW

BOARD OF DIRECTORS:

ST.,

BANKERS,

NEW YORK.

President.
Maqoinay (Graff

4 Maqutnay), Vlce-Pres
Alfbed
Von sib Bxckk (B. Von der Becke).
Otto Gunthbr (Cornellle-Davld).
Kmilb db Gottal.
Ad. Fbank (Frank, Model * Cle.)
Aug. Nottebohm (Nottebohm FrereB).
(Mlchlels-LooB).

Joh. Dak. Fuhbmann, .7b. (Joh. Dan. Fuhrmann.).
Louis Wibbb (Ed. Weber & Cle.)

Jules liAUTBNSTRAUUu

(C.

Schmid

TRANSACTS
GENERAL BANKING
ASA

P. Potter, Prest.

&

MAKE CABLE TRANSFERS.
TRANSACT GENERAL DOMESTIC AND FOREIGN BANKING BUSINESS.

J.

BUSINESS.
Eddy,

Cashier.

No. 63

Special attention given to COLLECTIONS, and
prompt remittances made on day of payment.
Boston business paper discounted. Correspondence invited.

BANKERS,

&

No. 12

Collect Coupons and Dividends

MISCELLANEOUS SECURITIES.

A. H. Brown

&

Co.,

BANKERS AND BROKERS,
St., Cor. New, New Cork.

T Wall

Equipment of Railroads undertaken.

Gwynne & Day,
[Established 1854.]

No. 45 Wall Street,

Transact a general banking and brokerage busless in Railway Shares and Bonds and Government
ecuritles.

Interest allowed on deposits.
Investments carefully attended to.

Kountze Brothers,
BANKERS,
13

Sand, Hamilton

63 Wall Street,
(P. O. BOX

New

York.

3,847.)

Gilman, Son
62

Co.,

BANKERS,
CEDAR STREET,

In addition lo a General Banking Business, bay sad
•ell

Government Bonds and investment Securities.

WA.L8TON

&

&

Con

H.

TBBD. A. BIOWS.

BBOWS.
.

Brown & Bro.

BANKEBS,
New

Co.,

York.
BANKERS AND BROKERS,
8PEC1AL ATTENTION GIVEN TO THE NKGOT1A
2 Nassau Streejt, New York.
TION OF
STOCKS AND BONDS BOUGHT AND SOLD ON
RAILROAD SEC URITIES.
11 Pine Street,

COMMISSION.

&

Trask

COMMERCIAL PAPER NEGOTIATED.

Francis,

BANKERS AND BROKERS,

R.T.Wilson

&

Co.,

BANKERS AND COMMISSION MERCHANTS
2 Exchange O'ourt, New York.

H.

L.

No. 145

Grant,

BROADWAY,

NEW YORK.

CITY RAILROAD STOCKS & BONDS
BOUGHT AND SOLD.

WALL 8TREET, NEW YORK,

Issue Commercial and Travelers' Credits available
in all parts of the world. Draw Time and Sight Bills
ou the Union Bank of London, and on the Credit
Lyonnals, at Lyons or Paris. Make Cable Transfers.

BROKERS IH

FOREIGN EXCHANGE,

Walston H

INVESTMENT SECURITIES.
Special attention to business of country banks.

Hilmers,McGowan & Co

;

NEGOTIATE LOANS AND DRAW BILLS OF
EXCHANGE ON LONDON.

BUT AND SELL

GOVERNMENT BONDS, GOLD, STOCKS AND

CAROLINA STATE BONDS.

Special attention paid to the negetlmtion of
merctal sills.

New York,
BUT AND SELL

All business relating to the Construction and

Foote,
WALL STREET

S5F SPECIAL ATTENTION GIVEN TO
FUNDING VIRGINIA AND NORTH

WILLIAM STREET,

RAILROAD ItfrESTMEXT SECURITIES;

GOVERNMENT BONDS.
Hatch

Co.,

Bankers and Merchants,

BOSTON,

IN

&

Kennedy

S.

Maverick National Bank,

DEALERS

southern securities a specialty.
loans negotiated.

But Commercial Paper and Bills of Exchange

Cle.)

A

J. J.

Bought and Sold on Commission.
Virginia Tax- Receivable Coupons Bought.

BILLS ON LONDON.

J. H.

Dhanis

tiOVKKNMENT BONDS, STATE, CITY, COUNTY.
RAILROAD A MISCELLANEOUS SKU'UITIES

Interest allowed on Deposits.

FsLIX Grisar,

Km.

739.

Financial.

Banque
Centrale

NO.

23, 1879.

See quotations of City Railroads In this paper.

H. W. Rosenbaum,
Exchange Place,

51

BUYS AND SELLS

70 Broadway

&

15

New

St.,

New mork

Transact a General Banking Business.

STOCKS, BONDS and GOLD Bought sad Sold OB
Commission, and carried on Margins.
Deposits Received and Interest Allowed.
Accounts of Country Banks sad Bankers re
celved on favorable terms.

^
tW

.

Coleman Benedict & Co,
STOCK AND BOND BROKERS,
92 BBOADWAY.
Stocks, Railroad Bonds, Government*, and

sll

Se-

curities dealt In at the New York Stock Exchange
bought and sold, either for Investment or on margin,
in lots to suit, on commission only.

Jas. McGovton, JR.
Coleman Benedict,
Member N. Y. Stock and Mining Exchanges.

Charles G. Johnsen,

RAILROAD BONDS AND STOCKS.

MERCHANT and banker,

ALL CLASSES OF INVESTMENT AND MISCELLANEOUS SECURITIES NOT ACTIVELY
DEALT IN AT THE NEW YORK STOCK EXCHANGE A SPECIALTY.

BOND AND STOCK BROKER,

Correspondence solicited sad information cheer-

Special attention paid to investment orders for
miscellaneous Stocks and Beads.

166 URAVIER STREET,

N

K.W

OH LEANS LA.

fully furnished.

B.
333

F. Blakeslee,

MAIN oTREET

(HILLS BLOCK).

HARTFORD, CONN.

:

THE CHRONICLE

ii

XXIX

Vol.

Foreign Exchange.

Canadian Bank*.

Foreign Bankers.

Drexel, Morgan & Co.,
WALL KTKKKT,

Bank of Montreal.

Nederlandsch Indische
Handelsbank,

CORNER OF BROAD, NEW YORK.

&

Drexel
W

S4

->.

Drexel, Harjes

Co.,

South Tuibd

St.

31

&

Co

Boulevard Haussmann

CAPITAL,
SURPLUS,

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

-

ANGUS,

.

C. F. Bkitbibs,

Waltbb Watson,

Ageats.

Attoknkts and Agents of

Messrs.
No. 22

JJ.

8.

MORGAN &

OLB BROAD

CO.,

LONDON.

ST.,

HEAD

General Manager

JTEW YORK 0FFIC&,
Nos, 59 & 61 WALL STREET.

Deposits received subject to Draft. Securities, Gold.
Interest allowed
on Deposits. Foreign Kxchange. Commercial Credits.
Catjle Transfers.
Circular Letters for Travelers,
hv .liable In all parts of the world.

Agencies in Batavia, Soerabaya and Samarang.
Correspondents in Padang.
Issue commercial credits, make advances on ship.
merits of staple merchandise, and transact other
business of a financial character in connection with
the trade with the Dutch East Indies.

BLAKE BROTHERS &

CO.,
Agents for North America,
64 wall street, new york,
88 state street, boston.

Bny and sell Sterling Exchange, France and Cable
Transfers; grant Commercial and Travelers' Credits, available in any part of the world
isBne drafts
;

Brown
No. 59

&

Brothers
WALL ST.,

N.

Co.,
If.,

In Chicago

and throughout

Dominion of Canada.

Adolph Boissevain & Co.
Office, No. 9 Blrcliln Lane.
BANKERS
AGENCY OF THE
AMD
COMMISSION MERCHANTS
Bank of British
AMSTERDAM, HOLLAND.
North America, N. Y. Correspondents.—
Messrs. BLAKE
London

Issue, against cash deposl ed, or satisfactory guarantee of repayment. Circular Credits for Travelers, In

dollars for use In the United states and adjacent
countries, and -In pound) sterling for use in any part

of the world.

THEY ALSO ISSUE COMMERCIAL CREDITS
MAKE CABLE TRANSFERS OF MONEY BETWEEN THIS COUNTRY AND ENGLAND, AND
DRAW BILLS OF EXCHANGE ON GREAT
BRITAIN AND IRELAND.

J. & W. Seligman & Co.,

BANKERS,
59

on and make collections
the

EXCHANGC PLACE,

No. 52

Merchants' Bank

Issue Letters of Credit for Travelers,

OF
\ V

CA

Payable in any part of Europe, Asia, Africa, Australia
and America.

Draw Bills of Exchange and make telegraphic transten of money on Europe and California.

BROS, & CO

WALL STREET.

Commercial Credits Issued for use In Europe, China,
Japan, the East and West Indies, and South America.
Demand and Time Bills of Exchange, payable In
London and elsewhere, bought and sold at current
rates; also Cable Transfers.
Demand Drafts on Scotland and Ireland, also en
Canada, British Columbia and San Francisco. Bills
Collected and other Banking Business transacted.
D. A. MacTAVISH,! .„„..
{Agents.
WM. LaWSQN.

CORNER BROAD STREET, NEW YORK.

No.

&

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

JIIMIOI! A CO., PARIS.
STERLING CHEQUES AND BILLS AT SIXTY
DAYS' SIGHT ON
ALEXANDERS & CO., LONDON,
Ctbguxab Notks aht> Cubits fob Tbavslbrs.

S.

&

G.

G. C. Ward,
AGENTS FOB

BARING BROTHERS & COMPANY,
52 WALL STREET. NEW YORK.
28 STATE STREET, BOSTON.

J.

&

Stuart

&

New/ York Agency, 48 Excliaiige-place.
HENRY HAGUE.
A™>nt«
A
K« nt 8.
*

HARRIS,

JR.,

(

Capital,
S.

$1,000,000.
D. R. WILKIE,

HOWLAND, President

;

COUNTY BANK,

MANCHESTER, PAYABLE IN LONDON

PORT COLBORK E. ST. THOMAS
LNGERSOLL, WELLAND, DUNNV.LLB. FERGUS.

ST. CATHARINES,

:

"LIMITED;"
;

Lombard

NATIONAL BANK OP SCOTLAND,

street.

Lichtenstein,

William

St., cor.

NEW

Exchange Place,

YORK.

Make Telegraphic Money Transfers.
Draw Bills of Exchange and Issue Letters of
*n

all

SPECIAL PARTNER,
Berlin.

DEUTSCHE BANK,

d«

New

York, The

BANK ef NEW YORK, N.B.A.

Anglo-Californian Bank
(LIMITED).

LONDON, Head Office, 3 Angel Court.
SAN FRANCISCO Office, 422 California

Office,

-

-

P. N.

Street,

&

St.

Co.

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

IGNATZ STEINHART. S Mana« c ™LILIENTHAL, Cashier.

Boston Bankers.

Chas. A. Sweet

)
)

New

&

Co.,

BANKERS

STATE STREET, BOSTON.

State. City,

County and Railroad Bonds

H. Peck,

F.

BANKERAND BROKER'
No.

for

America.

EXCHANGE PLACE,

7

BOSTON.

Parker

&

Stackpole,

BANKERS,
No. 78

York.

saa^TS

~

DEVONSHIRE STREe"

1, loll).

11% Pearl

Seligman

Transact a general banking business. Issue Commercial credits and Bills of Exchange, available in
all parts of the world. Collections and orders for
Bonds, Stocks, etc., executed upon the most favor.
FRED'K F. LOW,
able terms

,

STANTON BLAKE,
HENRY E. HAWLEY,

January

,

g

THE

40

Execute orders for the purchase or sale of Merchan*
dise. Bonds, stockB, and other securities, in the
United States, Europe and the East make Collections,
buy and sell Foreign Exchange, and give advances
upon Merchandise for Export.
OLIVER S. CAETER, 1 Agents

Siw Yobk,

.

I

PAYNE & SMITHS,
UNION BANK OF LONDON.

do

do

ESTABLISED 1824.
Paid-up Capital, 30,000,000 Florins.
($14,400,000, Gold),

principal cities or Europe.

I

Issue Commercial and Travelers' Credits available
in any part of the world. Draws ExchaBge, Foreign
and Inland, an 1 makes Trans ers of Money by Telegraph and Cable. Gives special attentlen to Gold and
Sliver Bullion and Specie, and to California Collections and Securities and arranges to pay Dividends
on such securities at due dates-

;

Credit

CHRISTENSEN,
L. BRANDER,

GEORGE

Handel-Maatschappij,
OF HOL L AND

BANKERS,

"

3,500,000

DEALERS IN GOVERNMENT SECU3ITIE8, Gold

The Netherlanu Trading Society

&

(invested in

Bonds)

|

Nederlandsche

EDINBURG, AND BRANCHES;

Knoblauch

S.

New York

lu

Foreign Bankers.

BELFAST, IRELAND;
AND ON TBI

CABLE TRANSFERS AND LETTERS OF CREDIT

|

Agents

Bank of Montbbai,
99 Wall street.
Promptest attention paid to collections payable in
any part of Canada.
Approved Canadian business paper, payable in gold
or currency, discounted on reasonable terms, and
proceeds remitted to any part of the United States b,
gold or currency draft on New York.
93

ULSTER BANKING COMPANY,

ALSO,

U.

Cashier

Dealers in American Currency and Sterling Exchange.

;

Surplus,

Authorized Capital, •
Paid up and Reserve,

OFFICE, TORONTO.

Agents in London
Bosanqubt, Salt & Co.,

Street.

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

Imperial Bank of Canada NEW YORK Agents, J. & W.

Bbahchbs:

Co.,

SMITH, PAYNE & SMITH'S,
A

change, Cable Transfers, issues Credits uvailable in
all parts of the world, makes collections in Canada
ana elsewhere, and issues Drafts payable at any of
the offices of the bank in Canada. Demand Drafts
issued payable in Scotland and Ireland, and every
description of foreign banking business undertaken.

B.

New York Agency, 62 Wall

Bankers, London, SMITH,

Banking Comp'y.
NEW YORK—The Bank of New York. N. B. A.
The New York Agency buys and sells Sterling Ex-

JOHN

OF SAN FRANCISCO.

;

Manager.

BANKERS:
LONDON. ENG-— The Clydesdale

HEAD

J.
NASSAU STREET.
BILLS OP EXCHANGE ON

MANCHESTER

Esq.

OFFICE, MONTREAL.

GEORGE HAGUE, Genera] Manager.
WM. J. INGRAM, Asst. General

H.

33

BANKERS, LONDON

HEAD

The Nevada Bank

C. T.

JOHN HAMILTON.
Vice-President, JOHN MCLENNAN,

Co.,

Calilornia Banks.

D A

$5,4C1,790 Paid Up.

Capital,
President, the Hon.

John Munroe

1863.

($4,800,000 Gold.)
OFFICE IN AM8TERDAM.

President.

R. B.

Ac nought and sold on Commission.

established in

Pald-Up Capital, 12,000,000 Guilders

GEORGE STEPHEN,

Philadelphia.
Paris.
DOME8TIC AND FOREIGN BANKERS.

AMSTERDAM, HOLLAND.

BOSTON.

August

23, 1879.

THE CHRONICLE.

|

Boston Banker*.

Southern Bankers.
THOS.

P.

POST OFFICE SQUARE,

18

R. n.

Chartered In 1870.
$500 000.
CAPITAL,

-------

GEO.

WOODS

STEPHEN M. CKOBBY.

RICE.

Special attention paid to collections, with prompt
remittances at current rtttes of exchange on day of

payment.
Correspondents.—German- American Bank, New
York Louisiana National Bunk, New Orleans Bank
;

Loans made upon tihk on Staple Merchandise
upon Hills of Lading; or Warehouse Receipts.
KrniANon of Collateral, or prepayments In parto

&

Brewster, Basset

Buys and
ties.

Co.,

BANKERS,

sells

on commission

all

Financial.

RANKERS,
Street, New

Board

52 William

Auctions, and Private Sale.

Ozones H. Holt,
Member N. 7. Stock Exchange.

Geo.Wm.Balloii&Ce
8

WALL STREET,

New

&

Paton

Jesup,

Commercial

Investment Securities constantly on hand.

IS

DEVONSHIRE

York,

ST.,

Boston,

banker and broker,
No. 51 STATE STREET,

Son,

DEPOSITS RECEIVED SUBJECT TO CHECK AT
SIGHT, AND LNTEKEST ALLOWED ON DAILY
BALANCES.
GOVERNMENT BONDS, GOLD, STOCK8 AND
ALL INVESTMENT SECURITIES BOUGHT AND
SOLD ON COMMISSION.

NEW YORK,
184 Pearl

BOSTON.
Dealer in CITY, COUNTY and

It.

B08TON.

Street.

TO State Street

&

GoSSLER

Co.,

the

DEPOSITS

or

all

OPEN

PA PKIt

Al.

subject to

HATCH.

PRANK JENKINS

Bro's.,

No. 43 Exchange Place,

New York.

Stocks, Railroad Bonds, Governments, and all Securities dealt In at the N. Y. Stock Exchange, bought
and sold, either for Investment or on margin.

Have been connected with mining since the discovery of the famous Comstoek Lode, and alao
pioneers in the celebrated Bodle district. In which
are located the " Standard," •' Bulwer," " Bodle,"
and other well-known mines. Letters and telegrams
from these districts received dally. Orders executed direct at the San Francisco Stock Excnange.
Platt K. Dickinson,
Howard C. Dirgixaox,
Members N. Y. Stock Exchange and N Y. I
Stock Exchange.

& Co.

yames M. Drake
RANKERS,
21

AND

22

DREXEL BUILDING.

Wall St., New York,
BUY and SELL RAILROAD STOCKS and BONDS.

U. S. GOVERNMENT. STATE. CITY, and all other
Negotiable Securities, ON COMMISSION.
Mr. J. M. Drake has been ft member of the New
York Stock Exchange since 1852, and will give personal attention to all business entrusted to the Arm.

R.

J~.

& Co\

Kimball

BANKERS and BROKERS
New

4 Exchange Court,
It years memtership in

Buy and

York.

N. Y. Stick Exchange

Sell tn Commission,

Margin,

Bank of Hamburg; and
London, (Limited.)
HOU8E IN EUROPE,

I

BANKERS,

CORRESPONDENTS OF

RAILROAD BONDS.

B.

New York.

No. 59 Wall Street,

Late Cashier Blackstone National Bank)

York.

&

John J. Cisco
BANKERS,

Stanton D. Loring,

Co.,

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

BANKERS AND DEALERS IN

Municipal Bonds.

Interest paid on

WILLIAM
BOLDEN.

In

COMMEItl

anil

Dickinson

Georgia securi-

with anil refers to American
Exchange National Bank.
iv.KiMi Brown, Pres't. w. H. Patterson. Cash'r.

paper.

Geo. Wse. Ballou.

THOMAS

KM MAMiK.

bought and sold

t.l

Colleottons solicited.

Bostoo, Blaas.

Orders executed on Commission at Brokers

anil all classes of Securities dealt in

VliKK STOCK

d 9
LOANS

8,*n

Corresponds

CONGRESS STREET,

Dealers In Stocks, Bonds, Gold and

New

negotiated.
check.

Bank

OF GEORGIA,
ATLANTA, GEORGIA.

payment! made before

maturity of leans.

CORRESPONDENCE SOLICITED.

at the

EJ?M}8&!jL.
MARKET.

Citizens'

for entire loans allowed.
all

ESISiiS!" J.n.T ""i"" Commission, OOVERNM KNT,
8T
T
MUNICIPAL and RaIi.ROAI) BONDrJ

5j
/ STOCKS,
and

;

of Liverpool, Liverpool.

either

No. 35

Co.,

Treasurer

President.

Allow Interest on

&

ALABAMA.

ii.i.

'

BOSTON.

Financial.

WILLIAMS. JNO.W. MILLER',
rllAx. II. MILLER.

MILLER,

Massachusetts
Miller
Loan & Trust Company, Thos. P. BANKERS,
No.

ii

/or Cook, or on

'

Stocks, Bonds, and all Investment
Securities, in lots to suit.

International

Jackson

&

Curtis,

JOHN BERENBERG, GOSSLER

STOCK BROKERS,

Buttrick

Boston, Mass.

Elliman,

6c

No. 2 Nassau street,

&

Wilson, Colston
BANKERS ANil

Co.,

i;.;JKKKS,

C. A. BUTTRICK, Members of the N.Y. Stock
1WM. ELLIMAN. ( and Mining Exchanges.
>

IH VESTMENT and VIRGINIA SECURITIES

a

specialty.

Correspondence

solicited

and

information fur.

Btshed.

N. Y. CoBBXBPONBXirrs— McKtra Brothers

Bell

J.

New York.

BONDS, STOCKS and INVESTMENT SECURITIES
BOUGHT AND SOLD ON COMMISSION.

BALTIMORE.

Wm. P. Owens.
Member. N. Y. Stock Exchange.

Geo. A. Mercer.

Owens & Mercer,

ft r*o.

Austin,

It

\

N

K

i:

It

s

ANB COMMISSION STOCK BROKERS,

STOCK BROKER,

303 WALNUT PLACE (316 WALNUT

7
ST.),

PHILADELPHIA.

Orders in Stocks and Bonds promptly executed at
the Philadelphia and New > ork Boards.

Exchange Court »ud 52 Broadway,

Interest allowed on deposits, to bo drawn at will.
Also, Contracts made and carried In New York
Cotton and Produce Exchanges.
issue a Dally
Letter which will be sent on application.

We

Southern Bankers.
S. S. Burruss, Pres't.

A. K. Walker, Cashier.

J\D.J[foKji$bei.

First National Bank,
WILMINGTON, N. C.
Collections

made on

U. F. 1'xnzxl,
President.

all

parts of the United States

STATE BANK,

WiUU

C. T.
(Incorporated 1675.)
Cashier.

J

)

German Bank,
LITTLE ROCK, ARK.
CAPITAL

(Paid-in)

$75,000.

Surplus
25,000.
Prompt attention given to all business In our line.
N. Y. Cobbkspondkmts. Dnnnell. Lawaon A Co. and
be. Metropolitan

National Bank.

<AJ Co*

BANKERS,
COR. OF VTALL STREET

New

AND BROADWAY

York.

Transact a General Banking Business, Including
the purchase and sale of STOCKS and BONDS for
oash or on margin.

Buy and

Investment Securities.
P. O. BOX 8,647.
C. \Y. McLklun, Jr.
W. Trass.

Sell

A' M, Kiddeii.

Bailey,

S.

PINE STREET.

7

Dealings la

RANKERS AND BROKERS,

Baltimore Banker-..

tV

E.

CO

HAMBURG.

SIMMONS' BUILDING,
Phila.

tc,

Insurance

Stocks

A SPECIAT.TT.
Cash paid at once for the above Securities or they
on commission, at eller's option
;

will be sold

New York, New England
& Western

INVESTMENT CO.
(INCORPORATED.)
Capital Stock

Mill

•

•

$200,000.

YORK, BOSTON, PH1LADEL*
I'lll

\

AND CHICAGO.

& 33 PINE STREET, NEW YORK.
MONEY CAREFULLY INVESTED for Capital31

ists, Trustees of Estates. Ouurriians. Fire and Life
Insurance Companies. Savings Banks. Corporations
and other investors. Strictly conservative.
LOANS CAREFULLY PLACED on Western
Farm Mortgages, at 8.9 and 10 per cent Interest, and
on choice business property In Cincinnati, Cleve-

land.Indianapolis, Detroit. Chicago, St. Louts, Kansas City and other large Western cities. Current
interest collected without charge. Loass carefully
placed also on Real Estate In the Cities of New
York, Brooklyn, Jersey City Newark, Ac.

MUNICIPAL. DISTRICT SCHOOL. GAS AXB
BONDS, RAILROAD and other CORPOR-

WATER

ATE BONDS

negotiated.

Defaulted Bonds con-

verted Into Interest-paying investments.
collected.
.,
m

Coupons

_

Counties. Towns
and Cities in anticipation of taxes and other
revenues. Coupons paid for States, Counties, Towns.
Cities, Railroad Companies. Ac.
WILL ACT AS STOCK TRANSFER AGENT for
Rullroad, Mining and other corporations, and als<»
as Trustee of Bondholders.

TEMPORARY LOANS

made to

FINANCIAL NEGOTIATIONS

conducted

for

States. Counties, Towns, Cities, Railroad and other
Corporations, and Individuals.
John C. Short, President.
Geo. W. debevoise, Vice-President.
Wm. P. Watson, Secretary sad Treasurer.

:

:

'

THE CHRONICLE.

17

Financial.

Financial.

UNION TRUST
NEW

OF

No. 73 Broad way,

CAPITAL,

$1,000,000.

HAS SPECIAL FACILITIES FOR ACTING AS

Transfer Agent and
Registrar of Stocks.

Stocks, Governments and Miscellaneous Securities
bought and sold on commission.

NEW YORK

Street.
H. H. Hollister,
Robert b. Holmes,

Members

Authorized by law to act as Executor, AdministraGuardian, Receiver, or Trustee, and la a

LEGAL DEPOSITORY FOR

.no NIC V.

Interest allowed on Deposits, which
and withdrawn at any time.

may be made

N.H.— Checks on
J.

M. McLean,

this institution

EDWARD

Wji.

pass through the

KING,

President.

1«< Vice-President.

WmTiwaiaBT,

id Vice-President.

.

Samuel Willkts,
Wi. Whitewriqht,
Augustus Schk-ll,
Geo. Cabot Ward
E. B. Wesley,
G. G. WILLIAM,
C. D. Wood.
J. II. OGILVIE, Secretary.

of

&

INDIANAPOLIS, INDIANA,
ON

,

TRUSTEES

Kendall, Henry Sanger, Alex. McCue,
John P. Rolfe,
Chas. B.Marvin. A A. Low,
Thomas Sullivan, Abm. B. Baylis. Henry K.Sheldon
H.E. Pierrepont. Dan'IChauncey, John T.Martin,
Alex. M. White, Josiah O. Low. Ripley Ropes,
Austin Corbin. Edmund W. Corlies.
WM. K. BUNKER. Secretary.

MISSOURI COUNTY BONDS.
Buchanan County, Mo.,

10's.

Cass County, Mo., 10's.
Cape Girardean County, Mo., 10'».
Chariton County, Mo., 8's.
Daviess County, Mo., 7's.
Henry County, Mo., 10's.
Howard County, Mo., Chariton Township.
Henry County, Mo., 10's.
Marion County. Mo., Mason Township.
Morgan County, Mo., 10's.
Pettis County, Mo., 10's.
St: Clair County, Mo., 10's.
Ralls County, Mo., 10's.
Sullivan County, Mo., 7's.

WANTED BY
TOllliV & KIRK, 4 Rroad Street.
GIOLDEN FLEECE GOLD A SILVER

f
MINING COMPANY.
Office, Reno, Washoe County, Nevada.
N«w York Office, No. 1? Broad Street.
Authorized Agents at New York and Boston for the
sale of a limited amount of stock,
M. & S. STERNBERGER, Bankers,
17 Broad Street, New York,
And 52 Devonshire Street, Boston.

Main

WANTED
Alabama, Sontta Carolina A Louisiana
State Bonds;
New Orleans Jackson A. Gt. Northern,
Mississippi Central, and Mobile
A Onto Railroad Bonds ;
City or New Orleans Bonds.
LEVY A RORG,
36 WALL STREET,

6,

1879

Ohio RR.

Loan of 1879, $3,000,000,
SECURED BY MORTGAGE ON THE PARKERSBURG BRANCH RAILROAD.

MATURES APRIL

1,

1919.

INTEREST 6 PER CENT, PAYABLE OCTO-

BER

AND

1

APRIL,

1.

Province of Quebec
FIVE PER CENT
GOLD DOLLAR AND STERLING BONDS,

DUE

REAL ESTATE SECURITY.

Montague & Clinton sis., Brooklyn N. Y.

Wm.B.

Hannaman,

JIAKE SAFE AND PROMPT LOANS

The Brooklyn Trust Co.
This Company is authorized by special charter to
act as receiver, trustee, guardian, executor, or administrator.
It can act as agent in the sale or management of
real estate, collect interest or dividends, receive
registry and transfer books, or muke purchase and
sale of Government and other securities.
Religions and charitable institutions, and persons
unaceustomed to the transaction of business, will
find this Company a safe and convenient depository
RIPLEY HOPES, President.
for money.
CHAS. R. MARVIN, Vice-Pres't.
Edgah M. Cullen, Counsel.

&

Baltimore

Aug.

Texas Bonds.

Smith

M. McLean,

Cor. of

H. h. Hollistek,
S. H. Ddnan,
Stock Exchange.

New York

Financial.
Wall St., New York,

A LIMITED AMOUNT OF THESE BONDS RESTATE, RAILROAD, COUNTY AND MAIN
UNSOLD-, WE OFFER THEM AT
MUNICIPAL BONDS
106}$ AND ACCRUED INTEREST.
BOUGHT A ND SOLD.
DREXEL, MORGAN A CO.
J. C. CHEW, 29 Broadwav.

EXECUTIVE COMMITTEE.
J.

BALTIMORE HOUSE:
21 Sontb Street.

HOUSE:

New

43

tor,

Clearlng-House.

Co.,

NEW YORK AND BALTIMORE.

Cor. Her tor St.
-

&

Hollister

23

BANKERS AND BROKEHS,

YORK,

-~

-

CO. H. H.

XXK

[Vol.

WANTED

All kinds of

:

MISSOURI and ILLINOIS DE-

FAULTED COUNTY BONDS.
price paid for them.
address,

Give

Highest market
and

BANKER AND BROKER,

124 N. Tblrd

FOR SALE BY

full description,

L. A. COO. HARD,

street, St. Louts,

WANTED

Mo.

BLAKE BROTHERS &
Wall

54

CO.,

Street.

:

Atchison & Pike's Peak RR. Bonds and Stock.
Chicago & Illinois Eastern RR. Bonds and Stock.
City, County and Town Bonds of Western States.
City of St. Joseph, Mo.. 7 Per Cent Bonds.
Iowa Central Railroad First Mortgage Bonds.
Danvilte Urbana-Bloomington & Pekin Bonds.
Indianapolis & St. Louis Railroad Bonds.
St. Louis Vandalia & Terre Haute Railroad Bonds.
Houston A Texas Central Railroad Company Stock.
Port Huron & Lake Michigan Railroad Bonds.
East Lincoln (III.) 10 Per Cent Bonds.
International & Great Northern Railroad Stock.
St. Joseph & Western Railroad Stock.
New York & Oswego Railroad First Mortgage Bond*.
N. Y. & Oswego Midland RR. Receiver's Certificates.
Utah Southern Railroad First Mortgage Bonds.
St. Louis & South Eastern Railroad Bonds.
31 Pine St., N. Y.
R.

BTLEY,
WM.
TJKBANA BLOOMINGDANVILLE
TON & PEKIN AND INDIANAPOLIS BLOOM-

INGTON & WESTERN* FIRST CONSOLIDATED
AND SECOND MORTGAGE BONDS—MAIN LINE.
NOTICE.

The Purchasing Committee hereby notify holders
of Central Trust Company Certificates that the new
securities are ready for delivery.
Certificates can be sent to AUSTIN CORBIN,
Chairman, or to either member of the Committee.
Transfers will be made without charge, and new
securities returned to the sender by express, or
otherwise, as directed.

New York, August 12, 1879.
AUSTIN CORBIN, Chairman. No, 115 Broadway.
GILES E. TAINTOR. No. 20 Broad street.
JOSIAH B. BLOSSOM, No. 76 Wall street.

FOR SALE:

Indianapolis Bloom. & West. R'y (new) lsts and 2ds.
Indianapolis Bloom. & West. R'y (new) inc. andst'k.
Indianapolis Bloom. A West. R y extensions.
Col. & Indianapolis Central Railway lsts.
St. Louis Vandalia & Terre Haute RR. 2ds, guar,
Rochester & State Line Railway lsts.
Chicago & East. Illinois RR. lsts. Incomes and Stock.

Port Huron & Lake Michigan RR. lsts.
Missouri Puciflc Railway 3ds.
Scioto Valley Railway lsts and Stock.

WANTED
Stock.

1», 1879.

The

interest maturing September 1, 1879, on the
fifteen-year 8 per cent convertible bonds of this

company

will be pail, on presentation of the proper
coupons, at the Bank of North America, No. 44 Wall
street, New York, on and after MONDAY, Sept, 1,
1879.
JOHN A. HILTON, Secretary.

:

West End Railroad

New Jersey

Southern First Mortgage Bonds.

Trust Co., or Downer Certs., N. J. South. 1st M. Bds.
St. Louis Vandalia & Terre Haute 2ds, unguar.
Indianapolis & St. Louis KR. lsts and 2ds.
Milwaukee & Northern Railway lsts.

Columbus & Indianapolis Central 2ds.
Union & Logansport Railroad lsts.

Toledo Logansport & Burlington Railroad lsts.
Southern Minnesota Construction or Extens'n B'ds.
CHAS. T. WING, corner Wall and Broadway.
(With A. M. Kidder & Co.. Bankers.)

SOUTHERN NEVADA MINING

CO.,

SANTA FE DISTRICT, ESMERALDA CO.. NEV.;
MAIN OFFICE, RENO., WASHOE CO.. NEV.
NEW YORK OFFICE, 17 BROAD ST.

Authorized Agents at New York and Boston for the
sale of a limited number of stock,
Hankers,
iri.
S.
No. 17 Broad Street, New York, and
No. 52 Devonshire Street, Boston.

STERNBERGER.

&

A; ST. JOSEPH RAILHANNIBAL
ROAD COMPANY, 102 BROADWAY, New York,

August

1908.

Principal and Interest payable at the Bank
or Montreal, in New York or London.

WAXTED:

CITY OF MOBILE

Past-Due Coupons.
THOMAS
P. MILLER &, CO.,
'1114 VI. O &
ALTON RAILROAD
^COMPANY, New York, August
/

MOBILE, ALABAMA.

18, 1879.

NOTICE.— A cash dividend of THREE AND
ONE-HALF PER CENT on the Preferred Stock
and THREE PER CENT on the Common Stock of Ind. Bloomlngton & West., 1st ittort.
this Company has been declared, payable on the 1st
S. Stanton,
day of September next, at the office of the com- Danville lib. Bloom, ic Fekln 1st.
agents. Messrs. Jesup, Paton & Co., No. 52
Wabash, 1 st, 2d and Consol. Int. Scrip.
19 J.
Wny's
illiam street, New York.
The transfer books will be closed on the 20th Inst, Chesapeake & Ohio, 1st and 2d Mort.
Railroad, City, and County Bonds
and re-opeued September 2.

NASSAU STREET,
and Stocks
BOUGHT AND SOLD.

N. T.

Beers, Jr.,

BROOKLYN SECURITIES, CITY BONDS,
Gas Stocks, Ac,

HAS REMOVED TO
No.
May

1,

1

NEW STREET,
NEW YORK

1879.

Albert E. Hachfield,
NASSAU STREET,

19

BASEMENT,
Deals in Investment securities and

Bonds Generally.

WANTED.
Boston & New York Air Line Preferred Suock.
Toledo Logansport & Burlington Bonds.

Union & Logansport Bonds.
Columbus & Indianapolis Central Bonds,
Rome Watertown & Ogdensburg Bonds
Indianapotis

& Vincennes

Bonds.
New York & Oswego Midland Bonds.
Southern Railroad Bonds.

-

C.

H. FOSTER, Secretary.

OF THE ILLINOIS CENOFFICE
TRAL RAILROAD COMPANY, NEW YORK,

Aug. 1, 1879-A Dividend of THREE (8) PER CENT
has been declared by this company, payable on the
lBt day of September next, to the holders of its
capital stock as registered at 2 P. M. of the 13th
inst., after which, and until the 4th September, the
transfer books will be closed.
L. V. F.
Treasurer.

Bonds and Scrip.
BOUGHT AND SOLD BY
J.

62

CO.,
EXCHANGE PLACE, NEW YORK.

Geo. H. Prentiss,

RANDOLPH,

NITED STATES CIRCUIT COURT,

SOUTHERN DISTRICT OF NEW YORK—In
Equity.— Between JOHN G.STEVENS and others,
complainants', and the NEW YORK & OSWEGO
MIDLAND RAILROAD COMPANY and others,

24

BROAD STREET.

STOCKS

GAS

A SPECIALTY.

defendants.

The sale under the decree made in the above-entitled suit, which has been advertised n this paper once
a week for the fifteen weeks last past, is hereby adjourned to September 26, 1879 the sale to take
place at the Wickham Avenue Depot of the New

'

PROBST &

D.

Brooklyn Securities Bougrht and Sold

i

;

York & Oswego Midland Railroad Company, in Middletown, In the County of Orange and State of New
York.

For terms and conditions of Bale, reference is
made to the advertisement referred to, or can be
obtained by calling upon the Master at his office,
No. 140 Nassau street (Morse Building), in the City

New York.
KENNETH
28, 1879.
Alexander & Green.

Of

Dated June

Complainants' Solicitors,
No. 120 Broadway

New York City.

G.

WHITE,

Master.

FOR
1

TO ORDER,

SALE,

0,000 Tons

English Steel Rails,
DELIVERABLE THIS YEAR.

PHILIP
14 N.

Or A, T.

FIFTH
<

S.

HI It,

JUSTICE,

PHILADELPHIA,
78 Broadway, N. \

ST.,

—

amide
HUNTS MERCHANTS' MAGA2INB.
REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OF THE UlNlTED STATES.

VOL.

SATURDAY, AUGUST

29.

NTE

NT8
THE CHRONICLE.

C O

Prospects of the Money Market.
183
Free Ships and No Ships
184
Fisheries Question
185
Life Insurance Condition
and
.

The Cental

.

Prospects

Hnnd'ed-

I

187

Latest Monetary and Commercial

English

News

Commercial

180

Money Market,

New

or

weight

The

188

and

Miscellaneous

News
THE BANKERS' GAZETTE.
Securities,

S.

TJ.

I

Railway Stocks, Gold Market,
Foreign Exchange, N. Y. City
Banks, etc
19!

|

|

19q

Quotations of Stocks and Bonds
194
Local Securities
195
Investments, and State, City and
Corporation Finances
198
.

THE COMMERCIAL TIMES.
Commercial Epitome
Cotton

200

Breadstuffs

204

|

mo

I

Dry Goods

805
206
207

Imports, Exports and Receipts
Prices Current

$ke (Efemxide.
The Commercial and Financial Chronicle is issued on
day morning, with

the latest

news up

to

Satur-

midnight of Friday.

TERMS OF SUBSCRIPTION-PAYABLE

ADVANCE:

IN

For One Year, (including postage)
ForSix Months
do
Annual subscription in London (including postage)

$10

20.

6 10.

£2

6s.

Six mos,
do
do
do
1 7s.
Subscriptions will be continued until ordered stopped by a written order, or
at the publication office. The Publishers cannot be responsible for Remittances
unless made by Drafts or Pist-Ofnce Money Orders.

London

'

The London
Street,

office

Office.

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

where subscriptions

Advertisements.
Transient advertisements are published at 25 cents per line for each insertion,
but when definite orders are given for Ave, or more, insertions, a liberal discount is made. Special NoticeB in Banking and Financial column 60 cents per
line, each insertion.

WILLIAM B. DANA,
JOHN O. FLO VII, J It.

WILLIAM
79 &

1

f

B.
81

DANA &

Wuiiam

CO., Publishers,

Street,

NEW

YORK.

Post Office Box 4592.
neat
furnished
tW AVolumes
cents.
bound for subscribers
flle-cover is

FJ?" For a iomplete
July, 1865. to
at the office.

at 50 cenU; postage
at $1 20.

is

18

Commercial and Financial Chronicle—
Hdnt's Merchants' Magazine, 1339 to 1871, inquire

counts with the banks.
of called

bonds

October

1st,

that

PROSPECTS OF THE MONEY MARKET.
foreshadowed
of

the

past

relief to

last

Treasury,

few

reached

days.
last

the

has been

In

fact

action

experienced during
the

week Wednesday

turning

(August

probable that the

is,

still

Say, that against the 54 millions

outstanding and to be closed

have not been paid for and taken up

that the Treasury

we presume

and

by

our,

there are only 18 millions of corresponding

is

only cairying

the

includes

the
other

statement
fact,

is

;

now

for the

granting that,

about

that between

correct,

now and

1st of October, the 4 per
cents carried
by
banks here and elsewhere, must be increased
in the same
amount, less what are sold in the
meantime. As prices are at present low it is to be presumed that holders will be inclined to keep the bonds for a
time and certainly not to force them on the market; and
hence the conclusion would seem to be that the amount
loaned by the banks on the 4 per cents must be an

the

money market, which we

week would come through the

is

subscribers 18 millions of these bonds

it

The expected

It

739.

bank statement to be issued to-day, will reflect the change
noted above in 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 his
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 indispensable for his success, so he very naturally yielded to any
suggestion or arrangement which promoted that condition.
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-

4 per cents that

on the same

set of the

date— or of

,

the loan market.

relieve

to

.

NO.

23, 1879.

the

point

was

13),

the

the

balance in the sub-Treasury of gold and currency being on that day $176,288,944 75, against
$163,483,414 on the last day of July, showing an accu. increasing item from now to the 1st of October.
mnlation by the Government, this month, up to that Furthermore, it is presumable, that, if Secretary Sherman
total

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

carries out his present determination of closing all these
1, he will have to draw further on the
more cash on or about that date, for

accounts Oct.

banks for

and legal tenders, Aug. 2, at $77,307,500, while it would appear hardly possible that this vast
Saturday, Aug. 16, the same total was $63,527,200, operation should be closed up without leaving a veiy
or a loss of $13,780,300.
Since Aug. 13, however, the considerable balance in the Treasury for bonds that had
movement, as already indicated, has been in the oppo- not come in. Every one can imagine reasons, and many
site direction, the Treasury currency balance having of them, for delays and long delays in presentation.
fallen from forty -seven millions, Aug. 13, to forty-four Besides, the date when interest was to stop has already
total gold
last

Aug. 2 , or a decrease of about three millions.
stock speculation, also, being less active, the bank
clearings have fallen off, and that has farther contributed
millions,

1

The

passed, so that fact

bonds

still

"We thus

has lost

much

of

its

influence

on

outstanding.
see, first,

a probability that the action of the

—

—

THE CHRONICLE

184

,

[Vol.

XXIX.

<*overnment between now and October 1 will affect the foreign trade was 160} millions in value, of which about
loan market by increasing the bank loans; and, second, 89 per cent was carried in American vessels. In 1850,
a possibility that near the latter date the Treasury this proportion was 72£ per cent; in 1860, 66£; in 1865,
balance is likely to increase. These facts certainly point 27£; in 1870, 35£; in 1878, 26£. The past quarter cento a continuanoe 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
direction later on, and that is the demand for currency 73| foreign. The decrease is absolute as well as proto move the crops. Still, we are 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, bat
•formerly 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 comsend 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
dispatches stating that our 4 per cents and other Govern- each twelve month ending March 31, 1875-9.
Tear
entered.
ment bonds are being gathered up in London for ship- aiding
American.
Foreign.
American. —
Foreign.
Tons.
ment to this side instead of specie, are not true. London lfcA.31. No.
Ifo.
Tom.
No.
Tone.
No.
Tons.
1875.... 11,507 3,848,877 18,043
8,574,896 11,738 3,787,670 18,406
has not got the bonds floating on her market where 1876.... 11,105 3,613,439 17,305 8,581,853 11,327 3,735,806 17,500 8,690,135
8,636,669
On the other hand, the 1877.... 10,796 3,658,778 17,687 9,580,773 10,877 3,761,915 17,641 9,495,092
•they can be gathered up.
1878.... 10,785 3,633,948 20,161 10,616,325 10,955 3,853,732 20,332 10,868,49B
movement of our railroad and other securities is at 1879.... 10,031 3,563,180 21,194 12,208,676 10,070 3,632,432 21,192 12,208,518
It is, of course
There is therefore
notorious to everybody that this
present in the opposite direction.
no doubt about it, Europe will have to send us specie country is endowed abundantly with materials for shipWe have received about building; we have forests, and iron, and coal, and can
in very considerable amounts.
3 millions so far this month, and we have learned of produce what would be the delight of ultra protection3 millions more afloat now. This must tend to make ists, literally "American" ships. The skill is not lackthe market easier later on, when whatever balance the ing, nor is the energy, nor the competitive disposition*
Treasury may start the month of October with, will be Whatever profit can be made in carrying foreign
helping in the same direction, for from that date this freights, Americans are quite willing to make. On the
balance will be gradually decreasing, that is returning to other hand, it is not distinctly enough understood that
the banks and adding to their loanable funds.
an American line, appealing for custom especially and
Does not this review suggest to every mind the im- mainly as being such, would not get business. It would
portance of an absolute change in our sub-Treasury be gratifying, of course, to see the national flag carried,
system. Mr. Sherman is certainly not to be blamed for but when people come to seek passenger accommodations
making money scarce the last two weeks. In fact there they would look at the vessel itself rather than look up
was no reason for its being scarce except a vicious at the flag.
A sentiment of nationality would not
«ystem. How long will our people submit to see cur- secure passengers, and merchandise has no sentiment at
rency for Government operations taken out of the all. Other things being equal, American lines might
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
it 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.
measured the transactions of months
but it is a
The late war, of course, threw the carrying trade into
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, has
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 combinwhich will be less burdensome to the people, and put an ing all improvements in the steam engine. The plain
end to Government influence on the money market.
fact is that we have not such vessels now, because we
cannot build them at the same price they can be built
FREE SHIPS AND NO SHIPS.
elsewhere. The reasons why this is so are of no conseThe 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. No vessels,
much of these vast merchandise exports have gone out say those laws, shall be American vessels and shall carry
or are to go out in American vessels, and 'how our the flag unless duly registered. Vessels built here and
American shipping interests are affected by the move- owned wholly by citizens of this country; vessels capment, is a subject worth examining, even if we say tured in war by citizens of this eountry, and lawfully
things which have been said many times before.
condemned as prizes; vessels forfeited for a breach of
In the year ending June 30, 1878, 10,594 American the laws, if owned wholly by American citizens; all such,
vessel?, 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.

—

,

,

*

,

,

,

,

.

,

;

;

—

—

—

foreign vessels entered, of

20,492 cleared.

The

10,821,387 tonnage,

foreign

and

The

facts

—

of the case then are, that the question of

American capitalist from employing
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.
vessels

in

this

trade,

cost

prohibits the

August

THE CHRONICLE

23, 1879. J

by prohibiting him from employing foreign-built ones.
is that American shipping interests must be
hence that Americans must own uo ships
protected
which are not built here, owned here, and officered here.
But if such ships cannot be profitably built and run,

The theory
;

holding their own in the competition for the foreign carrying trade, then such provisions are superfluous, for
nobody needs to be prohibited from doing what is not
profitable ; on the other hand, if it is unprofitable to
use American ships, the law cannot compel their use.
It does

not attempt to do

what was

inevitable.

With

so.

The

result is precisely

a " shall not " of law on one

of

fire,

so that

I

it

s r,

— the logic of

would be impassable

resembles the logic of

first

starving a

man

into

that

weakness

and then restoring his strength by stimulants. We
have no ships; we cannot profitably build ship* at
present; the laws do not permit us to buy ships; therefore, let us

sense.

private

make

ship-building profitable by putting a
This does not bear the test of common
It will be soon enough to talk of artificial kid to

bounty on

it.

enterprise

from tke public treasury when the
now keeps on are removed.

hindrances which the law

For the law now aims to favor the ship-building intereata
by banning the ship-running interests. But in the first

and a " cannot " of faot on the other, the result is place, the former is not such a vital one that everything
a " does not;" so Europe continues the carrying, and the else should be placed at its feet and the public treasury
race of American sailors is becoming extinct. The law be opened to it; next, the two interests are closely interthus operates exclusively for the benefit of foreigners, to linked, but the law, by weighting one with the other, and

side,

whom we owe

whom

not the attempting to enforce their connection, paralyzes both
:Tnd misses its object.
Has not the country been long
;
stands is as really in their interest as it enough under the depression of this senseless dogma of*
forbade Americans, on the severest penal- all American ships or no ships ?

no grudge, but for

business of this country to legislate

law as

it

now

it

is

nevertheless, the

would be if it
ties, from having any connection with ocean navigation.
The situation is certainly one which no thoughtful

THE FISHERIES QUESTION.

Not that it is
Withia the last few days facts of some importance
can view with indifference.
of much consequence, sentimentally speaking and as have come to light regarding the much disputed Fisheries
a matter of pride, whether Britannia or some other Question. It was known that communications were
person

"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
nation

Here is a were the particular points insisted upon in those comvery material question of dollars and cents.
the carrying of some thousand millions munications did not at the time transpire. It now apof goods every year, at a profit to somebody; and there pears that Mr. Welsh, our late Ambassador to the Court
is no reason why this profit should not be contested as
of St. James, on the eve of his leaving London, deposited

large business

—

well as any other.

Then,

again,

it

is

both unbusi-

nesslike and unnatural to compete with England and

a

demand on the

British

ages for the Fortune

Government

Bay

for $103,000

grievance.

dam.

Of course >be

France in the world's markets, and have no outlet amount thus involved is trivial, but the fact is important
In the first because through it the fishery question may be regarded'
our goods but foreign bottoms.
carrying trade is itself worth as fairly opened.
place,
then, the
It is certainly much to be regretted that any differhaving, and (what is of even more importance) our
export trade to some countries where its extension ence should continue on this subject after all that ban
for example, to South America been done to set it at rest.
It is now some thirteen
is of vast concern to us
years since the reciprocity treaty came to an end, and
is very seriously debarred by the absence of direct
after much interesting and friendly
lines, our goods losing their advantages by the round- nine years since
about way they must take to get there. It is idle to correspondence, beginning with the fishery difficulties,
suppose that any capitalist will run vessels because the which were experienced immediately after the terminathing ought to be done, or because it would be to the tion of the treaty of reciprocity the Treaty of Wash-

for

—

—

—

—

advantage of somebody else; if he cannot see a profit
for himself he will hold off until he can, and that is
what he is now doing.
Nor is it true that to buy and run foreign-built
ships would be of no help to ship-building here; it would
make navigators, create a trade in some quarters which
would demand more accommodation, turn attention to
the subject, and be of great indirect aid. And suppose
it would be of none whatever
what then ? The present
laws 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-

—

ington was signed.

It required

seventy-eight

sittings,.,

each of about four hours' duration, of the Joint HighCommission appointed under that treaty, before a conclu-

was reached. That conclusion when reached was
very unsatisfactory and was accepted only under protest.
But since the payment of the award the operation of the-

sion

treaty has been even less satisfactory than the

award itself..

And

so 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 charIt is claimed by the
acter to the whole question.

American Government that the American fishermen
were made to suffer loss while acting within the stipulaIt is claimed by the British Govtions of the treaty.
in foreign bottoms, under a foreign flag, and on foreign ernment that the American fishermen, both by the kind
account, than in foreign bottoms under the American flag of nets they used and by the time they chose for fishing,
and for American account! A part of a loaf is thus de- acted in violation of certain local laws, which justified
clared to be worse than no bread; and for the sake of what interference. After a somewhat exhaustive investigacannot be had at present, what could be had is refused. tion Lord Salisbury refused to interfere, mainly on the

thing not exclusively American than to leave the carrying
trade in foreign hands. It is better that the goods go

The

worthy only of a pouting child who refuses
some particular dish
he fancies. As for the subsidy plan which is the pet
remedy of all who Hphold the navigation laws and do
not go to the extreme of wishing the ocean were a mass
logic

is

his supper outright because denied

—

ground that respect ought to be paid to the local laws.
But Mr. Evarts is not prepared to allow the matter to
drop.

The demand

for

damages

in

the re-opening of the whole question.
that there

is

fact necessitates

We

do not

mean

any intention of making any claim for

—

,

THE CHRONICLE

186

[Vol. XXIX.

The companies for 1878 and 1877 being exactly the
abatement or any request for a reconsideration of the
amount of award, based on the subsequent ill-treatment same, comparison between those two years may be made
of our fishermen or the continued non-recognition of without qualification comparison otherwise than between
The present claim is solely for a those two must not overlook the fact that the decline
their treaty rights.
specific grievance, and is to be considered without refer- shown was in a very large degree caused by withdrawals
ence to the amounfc of the Halifax award. A Washing- of companies from the list, for the purpose of showing
ton dispatch states that Mr. Welsh was instructed to the general movement of the business would not be
base the claim for $103,000 upon the actual loss and served so well if we should make all the figures include
;

damages sustained by American fishermen

in conse- only companies at present doing business.
Allowance
quence 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

The

recurrence of similar offences in the future.

exist-

ing conditions are a constant source of national misunderstanding, and it is therefore very important that some

insurance issued and outstanding

for instance, the

;

decline in outstanding insurance, in 1877,

was doubled
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.
• That a final settlement
to be probable, though

some

difficulties in

may be
it

way

the

is

reached would seem

admitted that there are

of having the whole question

The British Government cannot take action
without the consent of the Colonies. An amicable and
satisfactory settlement, however, is surely not impossible, and we are encouraged to hope for such a settlement. The London Times states " there is ho reason
reopened.

5; in 1877, 6; in 1878, 8.

In 1875, 20 companies issued

more, and 25 issued

insurance than they lost from

less,

causes; in 1876, 9 gained and 29 lost; in 1877, 4
gained and 30 lost; last year, a Philadelphia company
alone did not lose.
The issues were 133,095 in number,
and $299,276,337 in amount, in 1875; in 1876, 99,036 in
all

number, and $232,665,489 in amount; in 1877, 81,909 in
number, and $178,283,617 in amount; last year, 67,040
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 numpart of the Imperial or the Colonial governments, pro- ber of policies) being stated in thousands.
1875.
1876
vided the question was dealt with in its 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
5.772
7,309
2,959
6,771
4,433
9,456
8.515
18,199
There is a smack of official sentiment Expiry
attempted."
Surrender... 29,174
79,774
33,004
84,548
33,681
89,017
25,805
72,489
about that utterance, and it seems to indicate the direc- Lapse
61,055 142,903
49.549 123,652
44,470
98,800
32,090
78,936
Change
5,937
21,251
4,234
15,900
4,907
21,033
5,683
21,178
tion in which a solution is to be found.
"Not taken" 18,461 43,144 13,445

— —

;

,

31,720

AND

LIFE INSURANCE CONDITION

PROS-

PECTS.
In looking over the State Insurance volumes lately
received, some interesting changes are to be noted.
In
the

the

first place,

number

of companies included in the

report of the Insurance Department for 1878

Total

129,404 $319,372

The

figures of

111,573 $285,295

.

,

10,751

25,640

106,046 $264,378

7,494

19,597

87,222 $231,291

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

is the same
columns) applies hereafter the severer one of countcompanies located in the State
ing stock as a liability. By that rule, three companies
and 19 located elsewhere, although one of the 15 has
in the State, and one outside, show an impairment of
broken down since the volume was made up. Of the
capital; a year ago, there was a fourth one, which was
maximum number ever in existence in the State at one
afterwards closed.
We compile the following table
time, forty-one -some of these, however, having had
showing the proportion of the leading items of assets to
scarcely more than a legal existence
two-thirds are
the whole assets.
gone; of the remaining 14, 4 started since the war, 1
'-New York Companies.-*
All Companies.
during the war, and 9 before the war; of the companies
1875. 1876. 1877. 1878. 1875. 1876. 1877. 1878.
7-05 803 9-99 11-46
5-61 7-17 7-98 1060
which have disappeared, 27 started since the war, 5 dur- Eealestate

as in that

for.

1877

— 15

—

—

,

.

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.
(34 Co'a.)
1878.
$57,23e,S34

(84 Co'a.)

60-38 5901 53-45 49-77
Mortgages
United States bonds 7-37 9-38 11-65 11-31
Other securities
867 10-65 13-88 16-82
Prem. notes & loans. 5-55 4-29 3-34 2-94
Prem. defd & unp'd 2-82 1-74 1-42 1-29

an increase of three and a half millions in
of companies of this State,
during the year, and of seven and a half millions in that
There

is

1877.

(38 Co'a.)
1878.

23,226,665

$62,938,690
23,228,454

$72,056,698
24,301,885

180,462,099

$86,162,144

$96,358,583 $108,645,082

held by outside companies.

$29,153,225
14,637,449

$26,103,286
15,397,369

$25,567,849

companies, there

17,095,594

19,158,817

21354,376

20,414,572

Total to policy holders... $60,886,268
Paid stockholders
249,349
Paid expenses and taxes....
10,992,050

$60,652,972
358,784
13,327,577

$63,109,353
334.410
18,174,418

$65,489,806
364,082
14,128,592

Total expenditures
Income over expenditures.
Increase of assets
Increase of surplus
Insurance issued

$74,837,323
11,824,821
»10,985,741

$76,618,181
19,740,402

$79,982,460

4,263,851

477,548
178,825,128
294,376,280

314,524
227,921,981
285,295,216

15,86l]o85
1,922|683
299,27e!3S7

Premiums
Other receipts
Total receipts

Paid Claims
Paid dividends
Paid lapsed and surrendered policies

(45 Co'a.
1875.

$83,788,511
24,856,571

$27,174,630

16,187,128

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 1016 829 7-20
2-16 1-36 1-17 1-03

the real estate holdings

is

In case of the

a decrease from

New York

1877 in the abso-

17,900,604

lute as well

'

as the proportionate

amount

of all the

above-named items, except real estate, "other securities,"
and governments, the increase in the last being nominal other-State companies show increase in real estate,
" other securities," and governments, with a decrease in
;

$71,878,318
8,584,681
7,658,554
2,889,420
156,501,129
231,291,618

28,062,622

Insurance terminated
319,372i675
Insurance outstanding at
end of year
1,480,921,223 1,558,105,323 1,735,995,190 1,793,659,660
Net decrease of Insurance
outstanding during year.
75,184,100
179,889,687
67,686,470
22,B68,88»
•

Decrease;

the other three.

The

absolute

movement

of the several

items, during the four years, follows pretty closely that

by the above ratios. The slight decline in
premiums these being mostly
quarterly and half-yearly by ones not yet due has no
the decline in premium loans
particular significance
indicated

—

deferred and unpaid

;

—

Acgust

23, 1879.

THE CHRONICLE.

|

187

about two and a half millions, or 30 per 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
per cent, in the other companies now doing business, associations to ascertain whether they would co-operate with
them in a movement to make all transactions in produce exduring the past four years marks the steady abandonelusively 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 ascribible to the dullness of money ; the last the question was submitted to the members of the Ex-

—

increase in real estate
It

of course due to foreclosures.

is

would be interesting to know the comparative amounts

of interest in default from year to year, but the reports

do not furnish data for ascertaining

this.

Seeking some

clue in the figures of the seven largest city companies,

we

none reports due interest separate from accrued,
and two (one of them the Mutual) do not give the " interest 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
find that

;

the only fact clearly

shown by the

change whether they were willing to adopt the c«nUl system
in all their transactions, and was decided in the
affirmative.
In accordance with this united, action, the board of managers
have named October 1 as a suitable time for the introduction of
the new system.

As we mentioned above, this system had its origin in EngIt was the first great movement in that country
to get
rid of the old and inconvenient method in which there was such
an endless variety of weights and measures. In spite of the
progress which had been made in almost every other
land.

direction,

called

in

for

spite

of

the

business

what was simple and easy,

enterprise
all

the

which

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 uniformity and simplicity, was imperatively called for. During the
course of last year, the British Parliament passed the "Weights

But, having and Measures Act," by which it was provided
that the imperial
we pound or pound avoirdupois should be the unit of all transacneed not now show at length why overdue interest and tions by weight in Great Britain, and that it should be left with
foreclosures are not necessarily injurious to a life insur- the Board of Trade to determine what multiples of the pound
ance company. They may cause loss to it, but this does should be adopted for general use. On the recommendation of
the Board of Trade the Queen, by an order in Council, approved
not follow of course ; it depends upon the sagacity of
of the "Cental or New Hundred Weight" as a new denomination
the appraisal upon which the loan was originally made- of standard, and directed that the same be "Board
a
of Trade
temporary loss of interest is very likely to be the first Standard." The act, as we have said, came into operation at
consequence ; but if loans have been made with ordinary the commencement of the present year. It is to be borne in
care it is likely to be the worst one.
The company buys mind that the old system has not been formally abolished
by law in England. It is still competent to conduct business by
in at a sacrifice
not infrequently at less than the face
the old standard of weights and measures. But the new system,
of the debt and it is the strongest of holders, able to
formerly
so

many

times

returns.

discussed this part of the subject,

A

—

—

in use in Liverpool,

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,

opportunity for coming out whole.
showing how it has already rallied,

and thus will give
For example, as

we

learn of a piece

property for which one of the largest
companies recently refused an offer that would have
of foreclosed

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.
less,

we do

Neverthe-

not count even that fact discouraging, quali-

by the other facts, as it fairly must be. The reactionary movement from the too swift growth of 1860-'72
must again re-act. The weak companies have dropped
fied

and the

having obtained the sanction of

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 organizalaw,

tions.

The new system

substitutes weight for measure, and simthe standard of weight. According to the new arrangement the " Cental or New Hundred Weight " will
signify 100 pounds, not 11'2 pounds
as formerly.
The
The
unit of transactions is to be the pound avoirdupois.
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;"
plifies

system have been in a measure
and need of its work are certainly not less than ever; it has proved itself by endurance, and is in a position, with good management, to
share in the general improvement which has begun this
that the unit of transactions be the pound avoirdupois, and
year.
It may be that the disposition to wait for better
that the multiple thereof be the cental or 103 pounds avoirdutimes has lasted already too long with the companies; at pois. Under this arrangement, the old divisions of 56, 28, 14, 7,
least, it is not necessary to retain it longer now.
We will give place to 50, 20, 10 and 6 pounds. On the principles
incline to think that 1878 will prove to have been the here laid down, after October 1 all business at the Produce
Exchange will be conducted. It will be left to merchants outyear of extreme depression in the business.
The same liberty is
side to buy and sell as they may think fit.
So far however
left to grocers and small traders generally.
as the influence of the Produce Exchange extends, the new
off,

corrected.

faults of the

The

field for

THE CENTAL OR

NEW HUNDREDWEIGHT.

system will be followed. Some little difficulty has been anticipated in the matter of liquids. It is the intention of the manaers to the efforts which were being made to have the cental gers of the Exchange to leave it to a committee of our most
system, already, since January last, in use in England, intro- prominent wholesale grocers to determine the weight to be
duced into this country. In these efforts the New York Pro- used for a gallon of vinegar; and the Importers' and Grocers'
duce Exchange, as has been most meet; have taken the leading Board of Trade are to determine the weight for molasses and
part. As far back as December of last year the board of man- syrups. The weight for oils has already been fixed at seven
agers of the Produce Exchange, believing that the time was and a half pounds to the gallon. It is intended that the barrel
It is

now some time

since

we

called the attention of our read-

—

.
.

:

.

THE CHRONICLE.

188
<

i

.

of floor shall be 218 pounds, and quoted and sold per 100
Circulation, including
pounds, or two centals less 18 pounds tare.
bank post bills
Such is the new system, and such is to be its application. It Public deposits
Other deposits
for
that
a
time
Is probable
some difficulty may be experienced. Qovernm't securities.
Backed up, however, by the different Boards of Trade through- Other securities
Res've of notes it coin
out the country, and having the approval and encouragement Coin and bullion in
both departments..
of the Government, the success of the cental system may be Proportion
of reserve
to liabilities
already regarded as secured.
Bank rato

1879.

1878.

s.

1876.

£

£

28,481.181
3,622,089
19,986,659
14,967 178
18.309,896
8,002,963

29,259,906 29,250.879
5,276,390
5,440.031
21,610.789 27,992,567
14,990.554 15,617,896
18,027,819 16.181,455
12,172,803 19,876,523

35,368,023

21,780,048

26,071,558

33,802,178

55-89

35-98

44%

5S-88
2 p. c.

2

4

p. e.

2

p. c.

94%

9734

Eng. wheat, av. price.
47s. Sd.
Mid. Upland cotton
6%d.
No. 40 mule twist
9ijd.
Clearing-Housereturnl02,473,OO0
.

1877.

g,

29,990.982
4,453.353
32,262,280
16,802.193
17,469,385
20,708,228

Consols

ptawctavgl©0mmcrctal f|u0lisTx %zw&

xxix.

[Vol.

p. e.

96%

96%

41s. lOd.

65s. 6d.

46s. 8d.

6%d.

K',e«1.

lOd.

10i4d.

5%d.
10%d.

.

95,288,000 85,557,000 82,667.000
iRATES OF EXCHANGE AT LONDON AND ON LONDON
The principal feature in the gold market has been a demand
AT LATEST DATES.
for bars for shipment to Spain, and a small supply has been
EXCHANGE AT LONDONEXCHANGE ON LONDON.
Acgust 8.
taken out of the Bank to meet it. Silver is firmer and has

Ox-

Time.

Amsterdam
Amsterdam
Antwerp

.

Rate.

9122

Short. 12-1

Latest
Date.

Aug.

912-3%
25-46%925-51% Aug.

Tl "'e-

Short. 25-27 %925-37% Aug.
3mos. 25-4212325-4713
20-GO 920-65
Berlin
20-61 920-64
Aug.
Frankfort
20-61 920-65
Leipzig
20-61 920-65
St.Petersb'rg
24ia92434
Aug.
-Copenhagen.
18-48 318*52
Vienna
11*82%911*87% Aug.
Madrid
46=894678
Aug.
Cadiz
4634947
Lisbon
90 days
52 952%
Genoa
3nios. 28'37%»28*42% Aug.
New York...
Aug.
Alexandria
Aug.
Bombay .... 60 days
Is. 73»d.
Aug.
Calcutta ....
Is. 7%d.
Aug.

Paris

improved

and Mexican dollars have also
The sale of Council drafts passed

in value,

realized higher quotations.

7 Short.

1203

off

7 Short.
7

25-32

Is.

7 Short.

20-4913

more satisfactorily on Wednesday, the price realized being
1%d. the rupee. The following quotations for bullion are
from the circular of Messrs. Pixley & Abell:

2529%

. .

.

gold
Bar gold, fine
Bar gold, reflnable

.

.

Hong Kong

:

Rate.

3 mos. 12-338

"Paris

Hamburg

slightly

,

5 3mos.

25%

7 3 mos.

11600

7

7 3 mos.
7 00 day!
5 3 mos.
7 6 mos.

7

Spanish doubloons
South American doubloons
United States gold coin
German gold coin

47-45

27-90
4-83

%

96%
Is. 8d.
Is. 8d.

.

The following are the current
From our own

d.

cipal foreign

correspondent.]

markets
Bank

e.

77 9 9
77 10%®
73 9 9
73 8%9
76 3%9
76 3%9

silver.
d.
Bar silver, fine
per oz. standard, nearest 51%
Bar silver, coutaiu'g 5 grs. gold. per oz. standard, nearest 51
Cake silver
peroz. 55%
Mexican dollars
peroz., nearest 50%
Chilian dollars
peroz. 50
Quicksilver, *5 17s. 6d.
Discount, 3 per cent.

Shanghai

I

s.

per oz. standard.
per oz. standard.
peroz.
peroz.
peroz.
peroz.

d.

...."..

d.

9
9
9

....

rates of discount at the prin-

:

Open
Bank
Open
London, Saturday, August 9, 1879.
rate.
market.
rate.
market.
Pr. ct.
Pr. ct.
small shipment of
Pr. ct.
Pr. ct.
...
2
1%9134 St. Petersburg ...
5
4 94%
eagles to New York have given some steadiness to the money Brussels
...
2% 2 92% Vienna Trieste. 4% 4 94%
...
3% 3 93% Madrid, Cadiz &
market, but beyond this no effect has thus far been produced. Amsterdam
...
3
2 92%
4 95
The rates of discount remain the same, the quotation for three Hamburg
...
3
2%95% Lisbon A Oporto. 5
5 96
Frankfort
-92%
...
3
2
New
York
3%94%
months' bills being only
per cent per annum, the supply of
...
3
2%92% Calcutta
6
money being still very large, while that of bills «ontinues to
...
4
3 93% Copenhagen
4 94% 4 -94%
...
3
3
decrease. There is no prospect of any improved demand for
The dividends of the principal English railway companies
money at present, but a better feeling is reported in mercantile
whose accounts are made up to June 30 have now been declared,
•ircles, and, in some localities, a larger trade is in progress.
The condition of the iron trade is certainly better, and reports and the results fulfil, in most instances, the worst estimates
from Birmingham state that in some factories the operative which were formed of them. At the same time they should
s
were working full time. The general trade of the country is, not be considered, so very unsatisfactory when the depression
however, quiet, but there is more disposition to uxtend busi- of the past six months, owing chiefly to the extremely bad
ness, and this would possibly resolve itself into something weather, is borne in mind. One distribution, viz., that of the
tangible were the weather to become favorable to the erops. Metropolitan District, is very satisfactory and was to a great
Unfortunately, the weather is still very unsettled, and there extent unexpected. It may be pointed out, however, that this
are scarcely any signs of harvest. In fact, there is much grass company still works at a high percentage as compared with the
yet to be cut, and bright days being few, very slow progress is Metropolitan, the proportion of working expenses to gross
made. It was thought that wheat-cutting would be commenced receipts being last half-year 44*88, as against 34*78, and that in
about the 10th of August, but it is impossible to say when future it is probable that the expenses will occupy a diminishthe crop will be ready, even, in early localities. There is, how- ratio. The Metropolitan dividend has been maintained, and
ever, no upward movement in the value of wheat, the large among the "heavy lines," the Midland & Great Northern. The
shipments from America keeping the trade in a very quiet con- latter, however, is not a good one, as there was a considerable
dition. America alone is just now meeting our requirements, increase of traffic which has been absorbed by an increase in
and the probability is that in September and October our the fixed charges and working expenses, the latter being due
The London Chatham
importations will be upon a very large scale. Our expenditure to the larger mileage under working.
Dover pays an increased % per cent upon the 4)2 per cent
for wheat and flour during the coming season will certainly
&
be
Arbitration Preference, but in all other cases except the Great
large, but prices are far from excessive, which is a very
important consideration when taken in connection with the gold Eastern, which again passes the dividend there is a reduction
market and the money market. Both are uninfluenced at of from /2@1% per cent. In some of these cases, notably the
North Eastern and in a lesser degree the North Western, conpresent, only a small supply of American eagles having
been
siderable savings have been effected, but the majority have
sent to New York. The present quotations for money

The adverse American exchange and a

St.

.

%

—

—

are as

follows:

Bank rate.
Open-market
:n-mork__ rates
30) and 60 days
days' bills.

3 months'

bills

Per cent.
2

Open-market rates—
Per cent.
4 months' bank bills..,.. 11491%
6 months' bank bills
l%9134
4 & 6 months' trade bills. 2 92%

conspicuously failed in this respect.
Annexed is a list of the dividends declared, together with the
amounts brought in carried forward, and also the dividends for
the two previous half-years:
Dividend
per cent
per

The rates of interest allowed by the joint-stock banks and
discount houses for deposits are subjoined:
Per

Joint-stock banks

Discount houses at call
."..
do
with 7 and 14 days' notice of

Annexed

**?*•
.

'withdrawal".'.'

'."'."

%

a statement showing the present position of the
Bank of England, the Bank rate of discount, the price of consols, the average quotation for English
wheat, the price of
Middling Upland cotton, of No. 40 mule twist, fair second
quality,
is

and the Bankers' Clearing House Return, compared with the
three previous years

half-

half-

£

&

year.

year.

5
3

502

4,400
9,000
5.093
1.670
18,500

5

3

Manchester & Sheffield
Great Eastern
North Eastern

%

Nil.

5

Metropolitan District

London Chatham A Dover.
.

Divs.
Balance Divs.
brought prev. corres'g

forward.

allium].

Metropolitan
South Eastern
London A Brighton

Lancashire A Yorkshire
London & South Western.

Balance
brought

.

North Staffordshire
Midland
London & North Western ...
Great Northern

1%
3%
4
4%
1%

5

5%

4

in.

6,832
5,906
2,095
6,671
34,237 Not stated.
495
1,173
1,124
9,253 Not stated.
3,300
16,747

921
340
10,500
35,717
33,533 Not stated.
2,869 Not stated.

8

8%
434
234

7

5
4

4%
1%
Nil.

6

Nil.

%

3%
6
634

43t
43*

534

5

7

6
4

6%

—
^August

The

THE CHRONICLE

23, 1879.]

following analysis of the half-yearly accounts of the
by Mr. W. Abbott, exhibits

joint-stock banks of London, issued

many items of interest. The dividends compare in Bome
instances unfavorably with last year, but, on the whole, it is
how

surprising

!

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...

The following
July:

cwt.

Cotton

cwt.

Cottonyarn
Iron

and

lb.

steel.

Linen yarn
Linen piece goods
Jute manufactures.
Silk manufactures
Hritishwool

_r
co

j
a

lb.

yards.

..

.yards.

To—
Germany
Holland
France

&

Madeira.

United States
Foreign West Indies
Mexico
United States of Colombia

Cliili

OS
GO

>

T-

p-

B

If
r>
01

t
><

tj

^f
t^

-

r

re

^

K

01

H

"#

dH

IO

CO
CO

Philippine Islands
Gibraltar

H

ft

00

l>

Malta

CO

British North America
British West India Islands

c

I-"

t-

t»

II

£
t-

c

r

C

1C

r*

i

i-P

T-

«

Jjtbpsii

*

«*
^

«

CO

c

i

4
*

Ki

c

i~t

^t

r

©
CO

Gt

r»

«

^
c

C

CO
CM

i
8

I

j

i
i

1

1

J
i

s

C

£

j

.

-;

£
9

3
-

1
;

£

3

curtailing the field of its operations,

1

it.

1878.
8,340,512

1879.
7,917,9S5-

715,806
147,732.800

KM.iHii.Hoo

054,599

11,316,127
110,710,837
65,624,277
076,531
3,015,825
115,435,041
14,045,200
23,956,300
116,810,000
3,401,000
4,494,600
3,502,000

compared with the correspond-

1877.
Yards.
6,336,100
4,323,600
5,628,700
4,992,900
7,416,200
1,162,400
1,766,700

9,883,100
4,009,400
8,367,000
6.646,000
4,032,600

1878.
Yards.
5,944,800
3,377,200
4,328,eO0
4,827,900
3,980,000
1,048,000
4,431,900
37,456,600
7,276,000
2,257,000
3,436,800
5,387,600
1,931,600

1870.
Yardr.
5,532,300
4.243.60O
5,286,100
4,384,600
6,303,600
1,256,9002.013, 10O

21,619,300
0,921,3OO>
8(*4,9nO>
"

6,087,000
7,319,000
4.893,700

4,913,000
15,873,800
3,204,000
6,270,300
7,031,200
2,722,900
35,074.500
3,438,300
4,832,900
6,300,500
2,445,400
1,852,400
5,881,700

5,056.200
13,072,200
2,088,400
6,340,500
3,350,500
2,088,000
21,463,400
4,246,400

2,073,200
15,368,200
3,253,800
4,707,800

4341.300
4,582.400
1,723,200
3,070,000
4,663,400

8,151,200
1,635.600
2,672.000
2,245,700
6,036,700

4,111,000

3,867,800>

993,200
30,896,300
6,615,40i>

.*

4,419,800

2,853,500

Africa
British India

2,354,000

3,208,500

Bombay

29,550,700
2,663,000
90,197,500
11,458,600
2,214,400
5,576,400
27,085,000

16,912,400
2,865.400
71,474,800
6,770,300
1.624.000
5,320.500
18,924,300

Total unbleached or bleached 248,705,800
Total prlnted.dyed.or colored 109,412,500
Total mixed materials, cotton

199.795,200
93,390,500

1,056,900

854,300

Guiana

Madras
Ceylon
Australia
Other countries

predominating

359,175,200 ~201,040,000
Other manufactures of cotton show as follows:
1878.
1877.
'25.i46
62,316
*
Lace and patent net
69 -*%*
Hosiery of all sorts
*
85,007
1,104,120
861,087
lbs.
Thread for sewing
Other manufactures, nnenu80,154
88,672
*
merated
Total value of cotton manu„ „„»
4,372,960
*
5,180,793
futures

3,501,900
_ _
21,308. .00

4,777.700
66,605r9OO-

8,207.200
1,173,400
4,480,200
23.056,000

209.787,300
93,043,500
, „„_ _^_
1,965,500

303,796.300
1879.
14 2.064
, JS'S**
1,093,668

_„ ~o*
79,365
~o. „..
4,334,254
.

The imports and exports of gold and silver during Jaly have
imports.
been as follows:

I

<

imports.
1877.
8,724,062
EXPORTS.
875,004
128,455,200

In".. 13.-..

months ended 31st

British Possessions In South

Straits Settlements

*

<c

i

a

7.

Java

1877.

g
cS

a

16.4O0.8&7
111,001,257

112,821,431

Total

?

s 3
is

o

«

1

\

JP

;

1
o
a
I

o

© •0
O 'f
CO
©
© 3
H
^
N

V

J

CWna and Hong Kong

CO

r-

e>

•c

Peru

Bengal

a

o
s
*

Argentine Republic

r-

J?

17,ft87,30l

*30,1S«,07'J
203.287,7»ft
lU.UOB.avl2

19,159300

Turkey
Egypt
West Coast of Africa

«

«?

1870

226,27»,<iOS

ing period in the two preceding years:

m

GO
t-

5

1878.

£35,881,814

11,096,500
10.621,800
101,912,150
06,788,50065,181,100
91,327,500
8.
1,078,141
1,014,836
lb.
3,811.878
4.156,600
Colonial and foreign wool. lb.
117,401,427 151,858,500
lb.
Woolenyarn
17,428,100
17,735,900
yards.
Woolen cloths
24,867,200
24,075,400
yards.
Worsted stuffs
118,000,800 107,807,100
Klniikets 4e blanketing.. yds.
3,585,400
2,878,600
yards.
Flannels
4,210,700
2,833,000
yards.
Carpets
3,455,700
3,383,000
The following were the quantities of cotton manufactured

cs
l>

cc

1877.

232.349,223

yurds.2,19fl,484..,>00 2,061,750,700 2,018,360,600
tons.
1,340.756
1.326,917
1,434,830

Cotton piece goods

C.

r4

month and

,£3«,1.'>0,8'.!0

figures relate to the seven

(New Granada)

i9

H

5

Bank

iiiipntlipi

CM
rH

:

Oriental

in July
KxiNirtp* in Hovp.n

Kiport*

Uruguay

:

The

July
luiuitli.H

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in

Import.* in MiYiMi

Austrian Territories
Greece

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8QB0' 'p.lUll099ipS[[!8[

Import*

Brazil

B
(•92p

following are the totals for the

Italy

CM
co

©

•"

1

The

Portugal, Azores

CO

a

i

favorable.

piece goods exported in July,

t~

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for the latter at £80 4*.

seven months:

CO

CO

ll

and those

The Board of Trade returns for July, and the seven month*
ended July 31, were issued yesterday, and they are rather mar*

Cotton

c

CI

full;

«

^i

o

required to purchase th« freehold premises and their contenta.
Tenders were received at the Bank of Kngland on Tuwtday
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 16s. lod. will receive about 9»

co"

§
t

its business at the Cape of Good'
of Africa, limited, has been started this we«k,.
the object of that undertaking being to take over the businet*
of the Oriental Bank and to liquidate iU affairs. There i* to be
no payment for good will, and only about £80,000 will b*

The Bank

per cent, and above in

t^

a.

0»

^H
r^

1

1
P
6

©*

TW
-dB9 dn-prej

£§ § annuo*
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about to relinquish

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in full.

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1
a

# J

f

M

*t

,3-9

CO

t-

•|«lld»o P|ud

aa tanaav J9d
JU99 J9d 9J0H

y ©
©

Ph

4

1
1

i

CI

u

1

|pp li:|ll.i|i:p 's.p-.l.nf

juaaojd

;

a

w

and

1M»

Gold
Silver

Total

Total

•£

S.

1,013.370
627,649

a

4,520,923

1,641,028

2,020,357

1,948,561
1,092,257

M86-42S,
951.159

SlHtS
00-2,668

3,640,818

2,837,587

1,303,13*

jr

Gold
8Uver

1879.

1878.

S.

2,249.198
2,280,725

*2SA'12«
,99,426

\ PORTS
-

—

..
.

.

THE CHRONICLE

190

Owing to large exports from the United States, the wheat
trade has been exceedingly quiet during the week, with no
important movement in prices. The tendency has, however,

—

..

[Vol. XXIX.

FOREIGN IMPORTS AT NEW VORK FOR THE WEEK.
1870.
$2,137,319
3,042,276

Dry Goods
General nulse...

1877.
$2,203,425
5,071,892

1878.

1879.
$2,592,823
4,834,965

$2,085,637
4,212,459

Total week
$5,179,595
$7,275,317
$6,298,096
$7,427,788
been favorable to buyers.
Prev. reported.. 185.514,617 208.515,042 175,564,546 189,266,978
During the week ended Aug. 3, the sales of home-grown wheat
Tot. s'ce Jan. 1. .$190,694,212 $215,790,359 $181,862,612 $196,694,766
in the 150 principal markets of England and Wales amounted
In our report of the dry goods trade will be found the imports
to 18,212 quarters, against 32,750 quarters last year; and it is
•f dry goods for one week later.
estimated that in the whole kingdom they were 73,000 quarters
The following is a statement of the exports (exclusive of
against 131 ,000 quarters in 1878. Since harvest the sales in the 150 specie) from the port of New York to 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.
;

For the week.... $1,519,341
$5,781,979
$6,378,179
$7,082,345
9,755,250 quarters, against 7,368,470 quarters in the
Prev. reported.. 160,089,851 161,893,355 209,933,426 197,785,418
corresponding period of last season. Without reckoning the
Tot.s'cc Jan. 1. .$161,609,192 $170,670,331 $216,311,003 $204,807,763
supplies furnished ex-granary at the commencement of each
The following will show the exports of specie from the port
season, it is estimated that the following quantities of wheat 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 corresponding totals for several previous year3:

kingdom

1878-9.

1877-8.

Aug.

1875-6.

1876-7.

Imports of wheat. cvrt.45.90S,964 51,!»04,751 41,282.886 51,622,733
Imports of flour
8,409,969
7,674,587
6,264,713
5,889,448
Sales of houie-growu
produce
42,272,610 32,587,500 30,006,900 35,045,000
Total

96,551,573

Deduct exports
wheat and flour

92,166,838

92,557,181

81,613,599

1,729,570

1,601,996

843,931

902,912

94,822,003
Av'ge price of English
wheat for tHe season. 41s. Id.

90,564,942

80,769,668

91,654,269

50s. 3d.

53s. lid.

45s. lid.

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.
1877-8.
1876-7.
1875-6.
cwt. 45,868,964 51,904,751 41,282,886 51,622,733
9,724,353 13,423,125 12,230,433
7,300,877
10,962.195 11,623,984 11,334,371 11,703,492
1,535,743
1,760,454
1,259,297
1,380,303
1.606,452
2,667,070
4,209,860
2.867,560
35,917,726 35,383,246 32,177,814 28,971,079
8,409,969
7,674,587
6,264,713
5,889,448

Wheat
Barley
Oats

Peas
Beans
Indian corn
Flour

EXPORTS.
1878-9.

Wheat

1877-8.
1,513,444
62.576
111,340
19,929
19,762
238,772
88,552

cwt. 1,566,373
107,072
95,512
24,903
16,777
476,634
163,197

Barley
Oats
Peas

Beans
Indian corn
Flour

1876-7.

1875-6.

796,569
50,472
85,995
22,869
31,540
496,187
47,362

KnglUh Market Reports— Per

10,611

48,595
30,323

Sat.
Mon. Tues.
Frl.
Wed. Tlmrs.
Aug.16. Aug.18. Aug.19. Aug.20. Aug.21. Aug.22.

5sofl881
4%s of 1891

TJ. S.
TJ. S.
TJ. 8.

4s of 1907
Erie, common stock
Illinois Central

51%

97%

1055s

108%
101%
28%

5U3 16 51%

90%
20%

90

51%

51i3i 6
97'3 18
9713i«

97"i 8 9711m 97%
97"i 97Hi« 97%
105% 105ki 105ia

108%
104%
28%

108*4

IO914

104%
28%

104%

105%
108%
104%
27%
90%
42%

28%

90

90
42

16—Str. Rhein

51%
9715 16
97i5 l9

105%

103>4

104%

27%
90%

Pennsylvania
42%
42'4
42%
Philadelphia* Reading. 20%
20%
20%
20
20%
Liverpool Cotton Market.—Bee special report on cotton.
Liverpool Breadstufft Market.
Sat.
Mon.
Tues.
Wed. Thurs.
Fri.
d.

Flour (ex. State) $bbl.. 23 6
Wheat,spr'g,No.2,1001b.
Spring, No. 3...
"
Winter, West.,n.
"
8 11
Southern, new
"
Av.Cal. white..
"
California club.
"
9 8
Corn, mix. ,West.$ cent'l 4 9
.

88
80
91
90

».

d.

23

6

s.

d.

23 6

88
80
8 11
91
90
98

8.

d.

6

«.

23

6

23

4

—

s.

d.

88 88
80 80
8 11
8 11
91 91
9090
98 98

4 8% 4 9
Liverpool Provisions Market.
Sat.
Mon.
Tues.

Pork, West. mess.. $hbl.48
Bacon, long clear.cwt., 26
"
Shortclear
26
Beef pr. mess, $ tierce
Lard, prime West. $cwt.31
Cheese, Am. choice " 30

s.

d.

8.

48
26 6
27

Wed.

d.

8.

48
26 6
27

d.

6

89
80
811
91
90
98

8%

4

Mex. silv. dols.
Mex. silv.buirn
Total for the week i$105,903 silver, and $3,000 gold)
$108,903
Previously reported ($9,779,709 silver, and $1,939,768 gold). l 1,719.477
Tot. since Jan.1,'79 ($9,885,612 silver, and $1,942,768 gold).$ll,828,380
Same time in—
Same time in—
Same time in
1878
$40,334,654 1870
$10,048,347 1874
$44,187,607
22,574.970 1873
39,640,897 1869
1877
24,713,945
56.174,631 1868
1876
38,863,702 1872
63, 887, 110
53,309,334 1867
61,433,145 1871
39,802,171
1875
The imports of specie at this port for the same periods have
been as follows:
Aug.
Hamilton
Foreign gold...
11- Str. Bermuda
$14,014
Am. silver
11—Str. C. of Vera Cruz.. Vera Cruz
6,272
Am. gold
50,036
Foreign silver.
41,834
Foreign gold
19,176
Havre
Gold bars
55,391
13—Str. Amerique
13—8tr. Scythia
Liverpool
Gold bars
253,058
1

I

. .

14—Str. Colon

Aspinwall

8.

23

6

810

83
8 11
92
90
98

Foreign silver.
Gold dust
Silver bars
Gold bars

Havana

14—Str. Santiago
14—Str. Alps

31 9 31 9
30
30
London Petroleum Marktt.
Sat.
Mon.
Tues.

Frl.

d.

48
26 6
27

48
26 6
27

9
30 O

30

31

—

d.
d.
d.
_
„
Pet'lenm, ref. $gal.6%«6% 6>4®6%
®
Pet'lcum, spirits ".. ® .... @ .... ®
..

Wed.

48
26 6
27

»

31

6

31

..

..

6%ali%

..

6

30

Thurs.'
d.

d.

....
..

Am.
Am.

Port-au-Prince

320
350

silver
silver

45,303

Trade dols

403

®6%
a
..

Fri.
d.
..

a
®

(tioxmrnvcial nu&WLiscellunto its %txos.
Imports and Exports for the Week.—The imports of last
week, compared with those of the preceding week, show
an increase in both dry goods and general merchandise.
The total imports were $7,427,788, against $5,509,251 the preceding week and $6,804,835 two weeks previous. The exports
for the week ended Aug. 19 amounted to $7,082,345, against
f 6,979,850 last week and $7,765,809 the previous week. The
following are the imports at New York for the week ending
(for dry poods) Aug. 14 and for the week ending (for general
merchandise) Aug. 15:

1,200
2,433
316,500
2,000

gold
Foreign gold...
Foreign gold.

Havana

15—Str. Saratoga

.

Am.
Am.

gold.
silver
Foreign gold...

Bremen
16—Str. Neckar
16—Schr. B. J. Willard...Laguayra

203
245,110

Am. gold

200

$1,073,416
Total for the week ($109,929 silver, and $963,487 gold)
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).$7,55l,828

Same time

Same time in—

Same time in—
1878
1877
1876
1875

$14,397,261
8,162,614
3,125,780
8,226,655

1874
1873
1872
1871

1870
1869
1868
1867

$3,587,112
2,966.969
2,869,037
7,561,163

in

$7,522,732
9,835,856
4,956,109
1,743,560

—

Canal Tolls and Business. Mr. G. 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:
1878.

Articles.

1879.

$28,468 $38,606

Total miles boats
247,8091302,170
cleared

•Hops
•Domestic
•Oil

Tons.

Articles.

I

Tons.

•Fur and peltry

Board8& scantling 44,996 42,801
201
547
Shingles
1,062
1,898
Timber
1,742
676
Staves

Wood

,

6

11,623
1,352
1,668
2,697
2,273

Ain. silver

Am. gold

Tolls

SH 4 8%

Thurs.

d.

silv. bars.
silv. bars.

London

—

s.

Am.
Am.

1,180
8,730
3,000
25,338
50.000
5,500
11,000
3,880

Am.

—

97B 16

Port Prince
Liverpool

London

Geilert

$275

sil. solos
Fr. silver coin.
Mex. silv. dols.
Am. gold coin.
Mex. silv. dols.

Cable.

London Money and Stock Market. The bullion in the Bank
of England has decreased £24,000 during the week.
d.

Poruv.

Havre

872,589
24,045
356,405
38,582

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:

Silver.peroz
Consols for money
Consols for account

14—Str.

Paita, Peru

.Porto Plata

Paris

of

Result

11 — 8tr. Crescent City
12— Str. Perelre
12—Str. Santo Domingo.
13— Str. Ailsa
14— Str. Republic

Ashes, pot & pearl
•Ashes, leached.
.

176

1,870
2

2
3

•Lard, tallow,
lard oil

and

"i05

•Wool
Hides

5
98

•Flour

12,283

Wheat
Rye

868

Com

•Corn meal
Barley malt
Oats

Bran & ship stuffs.
Peas and beans...
Apples
•Dried fruit....
•Cotton

•Hemp

2,013

7

•Pork
•Cheese

•Unmanuf.

1,543

tob.

25,222
5

•Leather
Furniture
•Bar and pig lead.
Pig iron
Bloom & bar iron.
Cast'gs & iron w're
•Domestic w'lens.
•Domestic cottons

Domestic salt..
Foreign salt
Sugar
Molasses
.

.

" "9 -Coffee
Nails, spikes, and
10
horseshoes
229 Iron and steel

1879.
Tons.

8
68

230
9
11
5
1,568
136

6
220
8

7
1,278

525
979

829
72
437
335

4,092

5,636

10'

120

39

1,016

2,627

210
10

532
5

29
177
287

1,394

'

.

40,520
1,174
26,376
5

537
766

226
47

5

160

1

spirits.

meal & cake..

1878.

Tons.

e

1

104
36
36

19 4
93

3

19
10

.

Railroad iron .
Flint, enamel,
croek'ry, glassw.
All other mdse
Stone, lime & clay

Gypsum
Anthracite coal...

Bituminous

coal..

Iron ore
Petr'lcum or earth
oil,

cr'de

Sundries

& vet'd.

232
270

64

184

2,112
5,799

4,022
6,882

563
22,106
8,707
7,352

17,334
5,031
13,442

397

897

103

8,043

5,447

155,010 186,372
Total tons.
118
6
Articles marked thus are in the "Free List."
—The attention of parties desiring to buy or sell first-class
investment securities is called to the list advertised in another
column of this issue.

•Clover & gr'ssced
•Flaxseed

,
.

August

No

4

.

THE CHRONICLE.

23, 1879.]

1*1

gave strength to the 4 per cents, and at the close to day thoy are
about 10I@ nil •
Closing prices at the N. Y. Board have been as follows:

National Banks organized during the past week.

OIVIDKNUK.
Whea

IYr

Name of Company.

Cent.

Railroads.

j

Payablo.j

Books Closed.
(Days Inclusive.)

24 On dem.'
1% Aug. 27
34

Bald Eagle Valley

Iiitnrance.

Note.—The Cleveland

Pittsburg dividend on

<fe

p.

140 should be 1%

per cent, not 14, as given.

FKIDAT, AUGUST

22, 1879-5

The Moinj market and Financial

A

Intercut
Periods.

TLe following dividends have recently been announcod:

•*.

.situation.

'I.

— Finan-

On,

1880..

Is,

1--"

reg.

.

coup.

6a, 1881..

ri-g.

1881..
18*1..
18X1 ..
•11.JS, l-.H
44s. 1801.
Jk, 1907..
4», 1007..
(is,

....coup.

5s,
5s,

reg.

Os, cur'cy,
Oh, eur'oj

.V

.

..

Mar.
Mar.
-.Inn.

coup.

189 V. reg
3g.

(

Jan.

J.

&
&

1896.. reg.
1897.. reg.
OS, cur'cy, 1899.. reg.
8»,-eur'cy, 1899.. lug.

J.
J.
J.
J.

&
&
&

iu, onr'c]

i

'

'

•

'

'

123

'

122

2

|

Aug.
22

1.

108% '103% •103 \
108% •1034 •108%
-1044 104 4

'

I

reg.

Aug.

20.

108*1

1

1

coup.

Aug.

103%
1044
1044
102% 102 <f 102%
lo'."...
102 If
03 4
1044 NIP) KM*,
105% 1034 1094
1IH*4 101
lop,
101 4 loov 1014
121V 1204' 121
122
121
1214
128V 1214 1214
122 4 1214 122

I

Feb.
Feb.

reg.
.

if!

J. 'lo:i-\i' 1 08*.
J. 103 '. ]>.:: ,
J. 1041a Mil U
J. 101% ln|i,

tc

&
&

coup.

A r
.'»

Aug.

i'JJ!

I'll-!.

104%

lOll, •I'M',
10-J4

102V •1024
1 1

12

'

•1024 1024

i

104*3 :o4 4
lo.vv lo'.'i

IOIV
101'-

I'M
lo.Vi

I014

">l't
101<

lot

181% •121 -121
121% •1214-1214
122
•1214 M214
|

12."| T-'l

-.

1224 1224! •122

M2I%

M22
have been very quiet since our last report and at the
* This is the price bid
no sale was made at the Board.
Stock Exchange much less excitement has prevailed, while a
The range in prices since January 1, 1879, and the amount
material recovery is noted from tbe lowest prices of last week.
each class of bonds outstanding ,Aug. 1, 1879, were as
of
and
South
are,
upon
the
whole,
The crop reports from the West
follows:
quite favorable, and this presents the promise of a large tonnage
Rango since Jan. 1 J79.
for the railroads during the nine months from Sept. 1, 1879, to
Amount Aug. I. xt:>.
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
$201,490,100 $78,240,230
mercantile business, gives a very good prospect of a paying 5s, 188 1 ... -cp. 102 Aug. 14 1074 Jan. IS 267.101,700 21 .:i38,630
44s. 1891.. cp. 104 Mch. 21 108 May 21 166,050,330
83.949,660
business for the railroads during the next twelve months. But is, 1907.. ..op. 99 Apr. 1 1034 May 21 448,3X9.oon •286,142.930
6s, eur'ney.rog.|ll94 Jan.
4
128
May
31
:(.:. 12
04,62
it is a fact worthy of notice that the railroads have been doing a
•This amount does not include $6,038,330 of Refunding Certificate*
large business ever since the summer of 1877, and the annual
outstanding on Aug. 1.
reports lately issued such as the Northwest to May 81, 1879,
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:
Louisville
Nashville
to
1879
&
June 30.
all
Dec. 31, 1878, and
show a moderate decrease in their earnings as compared with the
Range since Jan. 1, 1879.
J.!

I'

'

cial circles

:

.

1

1

1

—

—

Aug.

previous year.
The imports of gold from abroad have been so considerable in
the past ten days as to attract a good deal of attention, and as a
result

of this withdrawal

London the cable

in

reports

that

large amounts of bonds are made up for shipment to New
More particular reference to these prospective shipYork.

ments of bonds

is

made

in

an

editorial article

on the

first

page

of this issue.

15.

State

Lowest.

Highest.

1

1

and Railroad Bonds.— There

is very little doing in
Louisiana consols remain inactive and tolerably

State bonds.
steady,

22.

105% 1054 1034 105 .Tnlv 11; 109% Jan. 4
1094 x084 108411064 Mch. 24 110 May 2
105
104V 101 Mch. 26 1054 May 22

U.S. 5s of 1881
U.S. 44s of 1891
U.S. 4s of 1907

and

it is

reported in the State that the recent constituwill probably be adopted.

tional provisions

The money market has worked more

Aug. Aug.

8.

There

is

come

dis-

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
the banks for the balance of United States 4 per cent bonds,

proposed suit by a State as assignee of one of its citizens against
another State on its bonds.
As to the first-named it is not

till October 1, the amount yet unpaid for
being understood to be about $47,000,000. On call loans the
rates have been 4@5 per cent on Government bond collateral,
and 5@7 on stock collaterals. Prime paper is in demand at 5@6
per cent.
The Bank of England weekly statement on Thursday showed
a decrease of £24,000 in specie, and the percentage of reserve to

believed that the suits can be successful, and as to the latter

would be postponed

is up to 58 7-16, against 56 15-16 last week.
The
posted rate of discount remains at 2 per cent.
The last statement of the New York City Clearing-House banks,

liabilities

well suggested that the

first

it is

action should be brought against a

—

Northern State Minnesota for example— that the question of
law may be fairly tried, and no suspicion of political animosity
be mingled with it.
Railroad bonds have generally been firm on a good business.
Erie consolidated bonds are a conspicuous exception, and on large
sales the bonds have declined about 2 per cent, in consequence of
the lower prices in London.
Messrs. A. H. Muller & Son sold the following securities at

issued August 16, showed a decrease of $5,343,500 in the excess anctiou:
Shares.
above their 25 per cent legal reserve, the whole of such excess
3 Park Fire Insurance Co
being $1,408,550, against $6,752,050 the previous week.
120 Rutgers Fire Ins. Co
Broadway Ins. Co
The following table shows the changes from the previous week 100
40 Pacific Bank
and a com parison with the two preceding years.

Shares.

.1094
161
182
142

43 National Butchers' and
Drovers' Bank
126 National City Bank
I

|

105
200
25 Twenty -third street Rail97
way Co

Closing prices of leading State bonds for two weeks past, and
1879.

Differ'nces fr'm

1878.

1877.

Aug. 16.

previous week.

Aug. 17.

Aug. 18.

the range since Jan.

Loans and dig. $274,311,000 Ino .$1,375,000 $235,555,400 $243,890,300
Specie
Circulation ..
Net deposits

.

Legal tendera.

19.553,200
20.719,500
248,474,600
43,974,000

Dee.
70.900
Ine
37,400
Dec. 4.755,000
Dec. 6,461,500
.

19.234.300
19,325,600
217,884,700
55,479,400

13,449.700
15,545,900
213,4t4,600
52,696,000

States.

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:
Savings banks withAv'ge actual capital.. $195,007,892 out capital stook:
394,158,417 Av'ge actual deposits 739,055,640
Deposits
Av'ge taxable capital. 150,911,152 Average taxable de394,155,876
Deposits
posits
26,29!). 596
1,366,667 Tax
Tax
65,748
Savings banks with
Total average actual

ggScapltal..
gggxable-capital

"epos™

capital....

*j»fl0JL\i

ZlX&tf&XZ

SfiSlSSBrT.!!^
21 8 ^.188 Total deposits
'

198.237.593

153.906.824
442.308,660

Aug.

Aug.

15.

22.

*37
•23

•

This

is

do
Columbia 3-65s.

18

July 24
Feb.

41 % Apr.
794 Jan.

series.

the price bid

:

no

.

sale

was made

1874.

69

Jan.

6

103% Mch. 5 107% Juno 10

304 30 Aug.
73% June

2d

District of

•23

1.

Highest.

Lowest.

•80

Virginia 6s, eonsol

do

Range sinw Jan.

384 31

•1034 106

Missouri 6s, '89 or '90
6«, old

North Carolina

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 Commissioner of Internal

have been as follows:

1879,

1,

8
20
20
29
3

25 78 June 14
42 Feb. 13
73% Juno 20
44 Mch. 28
88% May 23

at the Board.

and miscellaneous Stocks.— The

stock market
week was sluggish and showed a rather
but the past day or two there has been more strength,

italiroad

in the early part of the

weak

tone,

and prices of several leading stocks are stronger to-day than since
the large break in Lake Shore. Northwest common closes at
74}, Lake Shore at 86f St. Paul at 65|, and Delaware & Lackawanna at 58. The notably weak stocks to-day were Erie (now
the New York Lake Erie & Western) and St. Louis ft San Francisco first preferred, the first named declining in sympathy with
,

sales to 38
1,494,538 the London price, and the latter running down on frea
United States Bonds—The Government bond market has and recovering to 41 at the close. Upon the whole, thero is a
been somewhat irregular, as the prices below will indicate. The stronger tone iu the market; and the course of Lake Shore and
announcement that the Government would not call upon the the grangers represents the prevailing sentiment.
banks to make final setthm.en.ta for their bonds till October 1
Total sales of the week in leading stocks were as follows.

Tax.

I

6^,122

|

Total tax

—
.

...
.

.

..
.

THE CHRONICLE.

192
West'rn

St.

Un. Tel.

Paul.

20

1,484
5,210
2,000
1,778

21

950

Aug. 16
" 18
" 19
•'

"
"

3,300

22

Northwest.

Central
of N. J.

Del. L.

A West.

3.550
4,000
4,950
3,180
6,660
5,350

32,625
28,795
45,149
30.209
19,500

39,775 20,150
38,575 17,610
42,375 21,310
37,375 13,400
36,900 12,700
21,507| 24,500 22,950

Shore.

22,450
26,520
30,354
26,174
21.825
42.350

6,700
6,460
2.090
6,550
8,800
13,100

.

.

16.

Monday,
Auk. IS.

59

r.sij

Saturday,

Aug
Canada South. 59

Friday,

Tuesday, Wednes., Thursd'y,
Aug. 19.
Aug. 20. Aug. 21.
59

r,u

:>(>••)
494* 51
Cent, of N. J.. 50
93
9254 93!,'
Chic. & Alton. 91
Chic. Bur. A 6. «... 120 118 '.18
65
Chic.M.A St.P. 64»» 66
95W 94« B5H
pref. 95
do
Chic. AN. W.. 74M 76« 72^ 744;
pref. 97W 93
do

50* 51* 50* 51*

22.

59

^87*
114*

93
92
92
illl 114* 114 114* 114
63
65* 64* 6(1* 64
•Ml

Aug.

22*

Si* 87
87

114*
65* 64* 65*
mt
95
95*
94* 95* 85* 95* 94* 95
72* 75* 73* 75* 78* 74* 71H 75
97* 98
97* 97*
97)4 98)ii 97* 98
13K* 138* 138* 138* 138* 138*
....'138)il39
Chic. R.I. A P. lSH^J 139H •139
40V
42
40
41
42
40
39* 41
Chlc.St.P.AM. 42
39JH 40
50* 01
52
52
52
51
51
51
51
Clev. C. C. A I. 52
•7* 8* 8* 8* 8
8*
8
8
8* 8
Col.Chic.A I.C.
47
47* 47* 4S
47* 47* 47* 48)* 47* 48«
Del. A H.Canal 4744 48
59
56« 57Ji 57
58* 57* 58* 57* D8* 58
Del. Lack.* W. 57W 58
27* 26* 27X 26*26* 25* 26*
S7W 27« 26« 27H 27
Brie
50
50* 49
GO
47* 49
M'i 5i
50f4 50
18* 18* 19* 20* 19* 19* 19* 19*
Han. A St. Jo.. 19* 19* 18V, 19
41
42
42«
41*
41* 42
42* 41* 42* 41* 42
pref.
do
42H
86 •86* 87
•86
90
87
87
Illinois Cent... 87X 87W 86
Kansas Pacific 57
58
57* 57* •57
57S
lake Shore
84* 854» 83* 85* 83* 85* 84
85* 83* 85* 84* 86«
53
Louisv.A Nash 53
53* 53
53* 53* 53* 53« 53* 54* 56«
53H
82* 81* 83
81* 81* 82*
Mich. Central.. 82« 82J4. 81
81* 82* 81
16
16
16
16
15* 16
16
15* 13*
Mo. Kans. A T. 16
15* 16
90W. 91
92
Mor. A Essex.. 81
91
91* 91* 91* 92
9t« 92
92

^^

N.Y.C.AH.

118

H. 116

118

118

•H

117

117

:i8*119*U6*

119

Northern Pac. 16)4 16* 16* 16* 16* 16* 16*
45
do
pref. 45
45* 45* 45*
Ohio A Miss..
15H lfl« 15* MM 15* 16* 16
164? 17« 16H 17K 1«K 17X 16*
Pacific Mall...
•153 160

10* 16

StX AI.M.assn 27 27« 27* 28* 28*
St. L. K.C. A N. 21H1 21U aov ai« 21*
nref. 54?, 55H 53$ 55* 54*
do
St.L. 4 S.Fran. 11« UK n* ii* 11*

119

119

16*

45
45* 45
44* 44*
16« 15* 15* 16
16*
16*
17* 16* 16* 16

1»153 160

1

*....

153

153

28* 27* 28* 27* 27* 28* 28*
21* 21
21
21
21
20* 21
55*
54* 55
55
55*
12
IS* 12
11*
138
pref.
17
do
18*
1«* 17* 17* 18W 17
15K 15k 15* wi 16*
34W 34* 35* 35* 36* 37
38* 39* 42* 38
41*
do 1st prf. 34
4M 4« •4* 4jZ| »4* 4* 4* 4* 4* 4* 4* 4*
8utro Tunnel.
Union Pacific. 76U 78
76« 78*' 76* 77* 76* 77
76
77
77* 77*
37
87« 86* 37*, 36* 37* 36* 37* 36* 37
Wabash
36* 36*
West. Un. Tel. 9I« 92)J 90^ 92Jtfl 9l« »2
90>4 92
90* 91* 91* 92*
These are the prices bid and asked; no sale was made at the Board.

HK-W

|

—Latest earnings

Lake
Erie.

14,722 177,785 219,500 108,120 27,670 43,700 169,673
Whole stock. 410,500 154.0421149,886 524.000 175.400 771,077 494.665
The total number of shares of stock outstanding is given in the
last line for the purpose of comparison.
The daily highest and lowest orices have been as follows:
Total

:

.

Week

reported.

— .—Jan.
.

or Mo.

1879.
1878
$18,261 $19,039
Dubuque* S.City.2dwk Aug.
15.031
13,913
Hal. liar. A S. All June
91,482
85.058
Gal. Houst. AH.. July
27,085
24,466
Grand Trunk. Wk.eud.Aug. 9 160,912 146,038
Gr't Western. Wk.end.Aug.15
78,227
83,671
HannibalA8t.Jo.2dwkAug.
29,608
48,003
Houst. A Tex. C. June
163,798 128,570
Illinois Cen.(Ill.).. July
453,159 455,728
do
(Iowa). .July
102,945 112,302
Int. AGt. North... 1st wk Aug
23,974
22,877
Kan8asPacitic....4thwk J'ly 117,363
93,476
Mo. Kans. & Tex.. 2d wk Aug.
65,600
58,866
Mobile A Ohio.... July
110,674
95,676
Nashv.Ch.A St. L.July
133,590 112,703
N.Y.L.ErleAW..May
1,350,274 1,172,961
Pad.AEliiabetht.lstwkAug
5,599
5,838
Pad. .V Memphis .1st wk Aim
2,984,
3,749
Phila. 4fcie
June
211,54* 219,024
Phila. A Reading. June
1,343,014 1,498,658
8t.L.A.AT.H.(brs)2dwkAug.
10,210
11,411
St.L. Iron Mt. AS.2d wkAug. 101,300
91,232
8t.L.K.C.ANo..2dwkAug. 56,739
76,841
St. L. A San Fran 2d wk Aug.
40,000
26,800
St.L. A8.E.-8t.L..lst wk Aug
16,474
15.339
St. Paul AS. City. June
54,572
46,734
Scioto Valley
28,776
28,176
July
Sioux City A 8t.P. June
28,589
29,954
Southern Minn... June
53,624
52,791
•ToLPeoriaAWar 2d wk Aug.
23,132
32,842
Union Pacific
July
1,068,049 937.972
Wabash
2dwkAug, 110,673 124,284

date.^

1 to latest

1879.

DakotaSouthern.May

.

Vol. XXIX,

1878.

$90,003
480,509

$87,721
580,486

244,013
194,391
5,072,634 5,215,013
2,569,061 2,816,433
1,005,950 1,061,779
1,202.674 1.030,123
2,962,021 3,029,318
906,238
778,971
700.383
802,342
2,365,235 1,739,15!)
1,630,635 1,592,389
956,073 1,031,610
934,676
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
279,417
301,715
2,467,024 2,343,649
1,801,493 1,887,735

.

302,153
173,811
159,738
265,328
724,489

285,113
145,191
179,713
373,983
768,329

2,599,855

2,806,762

Falling off in earnings during first and second weeks of Aug., 1879,
ascribed to a lack of freight cars.

*

is

Exchange.— Foreign exchange has been decidedly weak on
the large importations of gold and the prospective arrivals yet to
come.
To-day, sterling bills were sold on the basiB of 4.81i@
4.811; for bankers' sixty-day, and at 4.83J@4.83i for demand.
In domestic bills the following were the rates of exchange
Savanon New York at the undermentioned cities to-day
nah buying i, selling J. Charleston easy, 3-16 selling
J
premium buying. New Orleans commercial, £(83-16 premium;
bank, J premium. St. Louis, 1-10 discount. Chicago quiet;
Boston, 30 cents
1-10 discount buying; 1-10 premium selling.
per |1,000 premium.
The quotations for foreign exchange are as follows :

—

—

:

—

;

—

1

August

*

Total sales this week, and the range in prices for 1878 and
since Jan. 1, 1879, were as follows:
Sales of

Prices since Jan. 1, 1879.

Week.
Shares.

600

Canada Southern
Central of N. J
Chicago & Alton
Chic. Burl.A Quincy.
Chic. Mil.

do
Chicago
do

& St. T

...

do

pref.

do

pref.

& North w.

.

Chic. Rock Isl.A Pac.
Chic. St. P.A Minn.*.
Clev. Col. Cin. & Ind.
Col. Chie.A Ind. Cent
Del. & Hudson Canal
Del. Lack. A Western

Erie

do pref
Hannibal
do

& St.

Jo
do pref
. .

Jan.
33*2 Jan.

715 75 Mch.
955 lllis Jan.
177,785 34% Jan.
5,645 74% Jan.
219,500 49% Jan.
15,432 76% Jan.
879 119 Jan.
2,150 21 May
1,537 34% Jan.
650
5 Jan.
4,500 38 Jan.
108,120 43 Jan.
43,700 21is Jan.
6,000 37% Jan.
5.420 13% Jan.
5,950 34 Jan.
700
526

Illinois Central

Kansas Pacific
Lake Shore
Louisville A Nash v

27,670

Lowest.

45*

79* Mch.

9% Jan.

Range

for

1878.

Low. High.

Highest.

Aug.

2
21

.

.

.

.

—

.

.

5.25%®5.23%
5.26%»5.25
5.25 ^5.23%

Pads (francs)
Antwerp (francs)
Swiss (francs)

Amsterdam

3978 3
93%3>
93%-a

(guilders)

XX

Reichmarks. 4 72
3 93
XGuilders
Snan'liDoubloons.15 50
Mex. Doubloon8..15 45

®
@

93% a
93%®

4.83%3>4.84%
4.83 ! 4®4.83%

4.82%3>4.88

4.81%®4.82%
5.23%S5.20%
5.23%®5.20%
5.23%®5.20%

40%®
91*®
91*®
94 *®
94*®

40
94
94
94
94

40^4

94%
94%
94%
94%

in gold for various coins
Dimes A % dimes.
99*3
99%®
Silver %s and %s.
92 ®
Five francs
4 78

— 99%
—
— 99%
—
—
— 95
—
—
Mexicau dollars..
87%® 88
English silver.... 4 75 ® 4 80
Prus. silv. thalers. — 68 @ — 70
— 99 ® — 99%
Trade dollars
New silver dollars — 99%® par.

4 00
3S*
®15 70
2% 6%
©15 60
34% 59%
1 12%® 1 13
41
61% Fine silver bars
par.®%prem
7% 22% Finegoldbars
21% 38
Boston itanka. The following are the totals of the Boston
10
16%
21% 41% banks for a series of weeks past:
91 Aug. 7 72% 87
L. Tenders. Deposits. Circulation. Agg.Clear.
Specie.
Loans.
t
I
60 Apr. 30
I
4
12%
48,733,821
25,613,100
4,050,500
67.028,300
3,604,500
10.. 141,623,700
93 Aug. 12 557g 71% Mar.
25.502.0lKl
45.739,465
"
3,649,900
4,750.300
65,077,100
17.. 141,308.300
70% May 12 35
39
40,907,569
" 24.
25.445,000
3.620.KK)
4,713.000
64.050,100
140,442,800
90* Jan. 27 58% 75
89.807,020
" 31.. 140.033.100
25,438,200
3,644,000
4,094.000
63,435,100
18* May 15 2
7% April 7.. 139.001,100 3,646,200 4,294.700 64,221.500 25.827,800 44,676,942
47,207,392
" 14.. 13H.300.400
26,014,200
63,371,000
94 Aug. 6 67% 89
3,0*4,300
3,805,800
51,936,677
" 21.
62,098.000
26,215,000
3.483,700
3,655,800
137,469.400
121* June 14 103% 115
47,978,840
" 28.. 11M.192.60U
26,230,200
60,252,400
3,827,800
3,627,700
17% Aug. 1
50,505.511
60,023,900
26,299.000
3,863.000
3,600,100
133.226,500
5.
May
48% July 31
50,552,817
26,228,800
4.194,300 •42,865,800
8.583.200
182,953.200
IS,
17 July 24
6% 11*
48,456,247
26.218,400
3,089,21X1 •44,103,900
3,506,100
130,296,000
19.
46,516,810
18% June 6 12% 23%
26.369,200
3,165,800 •44,101,200
3,577,700
130,331.800
26.
160 Aug. 4 112 131
June 2. 129.489,000 3,063,400 8,886.700 »43,H»5,000 26,437,800 44,033.22?
51,329,031
26,569,000
"
3,948,500
4,168,200 •44.891,200
129,973.500
9.
30% May 23 5
15%
49,413,570
28,704,100
" 16.
4,165.500 *43.M97.000
180.510.500
3,059,400
22% Aug. 12 3% 7%
45.176,053
" 23.
26,675,100
3,557,700
4,118,400 •43.606,400
130.983,600
58% Aug. 6 19
26%
47,775,068
26,578,300
8,547,400
4,433.500 •44,7110.300
130,583,300
13% Aug. 22 1% 4% July 30.
51,738,637
4,717.100 •40^832,100
26,640,000
3.085,200
liM.824,800
7.
47,866.112
18% Aug. 21
" 14.
26.915,300
3,620.400
5,433,900 •45,858,600
1% 5*
129.931.700
49,241,607
" 21.
26,538,700
5,890,800 •47,067.900
12M.606.5U0
3,590,900
44% Aug. 22 5% 11%

May
9* Aug. 6
51% June 2
62% July 31
29* May 5
54 May 5
23% May 23
45% May 23

23

169,673 67 Jan.
7,674 35 Feb.
Michigan Central
9,450 73% Jan.
Missouri Kan. A Tex.
4,025
5% Jan.
Morris A Essex
2,454 75% Jan.
N. Y. Cent. A Hud.R.
2.891 112 Mch.
Northern Pacific t
1,010 16 Aug.
do
prof.t
747 44% Aug.
Ohio & Mississippi
7,395
7% Jan.
Pacific Mail
24,885 1038 Jan.
Panama
28 123 Jan.
St. L.I. Mt. & South.
3,658
13 Jan.
St. L. K. C. A North.
3,975
7 Jan.
do
pref.
12,677 25% Jan.
St. L. A S. Francisco.
11.680
3% Jan.
do
pref.
27.783
4% Jan.
do
1st pref.
18.613
9% Jan.
Sutro Tunnel
7,815
23s Jan.
3% 5
4's Mch. 17
Union Pacific
8,956 57% Jan.
81 Feb. 19 61* 73
Wabash
13,050 17% Mch.
40 Aug. 2 12% 23%
Western Union Tel
11.722 88% Aug.
116 June 11 75* 102
* Range here given is from May 5.
t Range from July 30.
The latest railroad earnings and the totals from Jan. 1 to lates
dates are given below. The statement includes the gross earnings of all railroads from which returns can be obtained. The
columns under the heading "Jan. 1 to latest date" furnish the
gross earnings from Jan. 1 to, and including, the period mentioned in the second column.
Latest earnings reported.
/-^Jan. 1 to latest date
Week or Mo. 1879.
1878.
1879.
1878
Ala. Gt-Southern. June
$23,263 $20,950
$
$
Atch.Top. AS. F.lstwkAug 114.000
95,562 3,342,474 1,933,698
Atl. AGt. West... June
300,540 309,136
Atlantic Miss.AO. June
102,247 120,094
715,486
76i'8i'6
Bur. C. Rap. AN.. 2d wk Aug.
24.276
21,699
808,966
928.743
Burl. &Mo.R.in N.June
140,736
90,590
862,688
735 081
CairoA8t.Loui8..1stwkAug
6,595
5,671
136,503
133'l87
Central Pacific. .. July
1,442,000 1,533,702 9,231,320 9,367807
Ches. A Ohio
July
173,383 140,262
986,191 1.044 678
Chicago & Alton. 2d wk Aug. 149.062 157,351 2,992,808 2,716 373
Chic. Burl. A Q... June
1,160.968
897,090 6,510,239 6,417791
Chic. Mil. A8t. P. 2d wk Aug. 162,000
116,834 5,126,000 5,135 764
Chie.A NorthwesUuIy
1,309,984 1,166,270 8,268,124 8,221476
Chic.8t.P.AMin.2dwkAug.
15,849
14,823
613,013
519 494
Clev.Mt.V.AD-.lBtwkAug
6,728
1.6,227
220,249
212,683
.

.

63% Mch. 15 38
45% Hamburg (reichmarks)
55 July 31 13% 45* Fraukfort (reiclunarks)
95 Aug. 9 66% 85
Bremen (reichmarks)
122* Feb. 19 99* 114% Berlin (reichmarks)
70 Aug. 6 27% 54%
97% Aug. 6 64
84%
The following are quotations
80% Aug. 12 32% 55*
$4 82 ®$4 86
99% Aug. 12 59% 79% Sovereigns
Napoleons
3 82 ® 3 86
141% Aug. 7 98%122
44
55

Demand.

60 days.

22.

Prime bankers' sterling bills on London, 4.8l%®4.82%
4.81*34.81%
Good hankers' and prime commercial
4.80%»4.8l%
Good commercial
4.79%»4.80%
Documentary commercial

—

.

. .

—

•'

"

28.

Aug. 4
11..
18..
*

8.572,600
3.567.5U0
3,001,200
3,490,300

127.896.500
128,035,500
129,133,000
130,578,100

5,886.300
5.354,200
5,643,900
5,159,100

Other than Government and banks,

Philadelphia Bank.*. —The

26,572,500
26.630,200
26,700,600
26,749,800

•46,772,700
»46,K38.500
•46.854.900
•45,803,800

less Clearing

43.383,417
48,253.354
43,818,873
48,193,104

House checks.

totals of the Philadelphia

bank!

are as follows:

Loans
*

Mar. 10
"

••
••

17
24
81

April 7
•'

"

14
21

28
5
12
••
19
•'
26
June 2
9
" 16
" 23
••
30
July 7
••
14
" 21
" 28
Aug. 4
"
11
»
18
••

May
••

~

58.268,234
58.486,555
58,506.715
59.006,342
59.994.059
60,554.971
60,548.117
60,122,082
10,174,9711

59,914,320
60,160.886
60,915,891
61,429,806
61,917,078
62.036,882
61.810,186
61.740,307
62,221,496
62,171.993
81,974,527
61,415,448
61.932,961
62.740,441

62688,249

Lawful Money. Deposits. Circulation. Agg. Clear.
t
15.939,655
15,859,150
15,360.266
14,890,998
13,701,732
14,022,748
14,510,885
14,369,637
14,948.989
15,358,518
16.138.678
15,919,569
15,938.439
15,790.707
15,883.014
15,311,615
15,790.181
16.205.151
16.533.493
16.307.446
17.405.816
17.396.893
17.590,102
17,011,709

46,028,638
46,336,572
45,763.408
40.256.862
45.111.747
46.552,535
47,238,852
47,044.099
47.626,808
47.786,056
49,143.430
49,633,284
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
52,015,168

11,347,059
11,355.472
11,361,550
11.422.038
11.52U.122
11.509.940
11,516,236
1 .508.643
11.498.821
11.492,197
11,476,011
11,460,807
11,449,130
11.431,493
11.424,901
11.897.218
11,383,105
11.398,306
11,406.680
11.423.816
11,415.745
11,406,477
11,437.610
11,438,106

1

36.371,591
29,556,598
31,233,063
29.945.441
38,653,745
30,561,240
38,407,056
34,285,148
87,642,885
40,016,138
38,955,672
39,353,762
31,805,480
46,780,676
38,804,535
37,579,238
34.442,141
37,789,094
34,090.465
37,197,858
34,940,697
35.745,824
35,792,049
32,011,855

...

...

August

'lOlll.l'llll,

•BouBtTiaa.

Capital.

Loans And

1
2,000,000
2,050,000

o.i&voo

Phoenix

Tradesmen's
Fulton
Chemical

4.3D5.HO)]

2U4.04XI

11,000,000

BJJ78.0O0
2,H50,000

584 .fl)X]

1,063,800

777,800

2,71X1

201,100
62.800
6,700

447.40C
151.800

2,801, MX)

471,300
34.500
106.300

1,172.000
1,323.200

8R7.00C

9.708.IXXI

449.IXX)

1.756.301)

9,140,800

1.328,000

370,2O(>

509,100

308,800
74.600

li.-i2.0i Hi

3,8)14. Idd
3,234,11X1

891,000
178,400

111. mil

2,220,200

Park

A

N. rth River

East River

Manuf'rsA Mer..
Fouith National.
Central Nat
Second Natlon'l.

21,600
85,200
805,000

1.070,81X1

70,8O)i

5.600
23.300
28,600

1.4:11,71X1

2,380.600
17,921,600
13,503,300

H7I.71XI

1346,000

241,000
908,000
508,800

1.888.3IKI
6,475,21X1
2,473, 00

2.888.IXX)

H,585,IKXI

333,900
199,900
585.700
300,700
475,000
878,000
1,850,900
170,000
556,000

l.OOfl.O(X)

4.2:1:1.(100

2,314.200
47.600
5,800
34,900
85.600
2.700

460,000
182,000
865.000
211.400

1,000,000

9.421,000
2,428,000
4,063,000
I0.968.00u
7,429,900

2,408.000
80,800
109,800
137,700
63,000
112,900
3,818.800
2,008.000
408,008
930,000
2,734,100

925.01X)

1.034,31X1

300,000
250,000
200,000
750.000
300,000

1.1II8.00H

1,087,800
1 ,0*1.300
2.024,800
2.090,000

80,600
27,000
5.500
180.100
117,900

5S0.1XX)
655.8IX)
688,80()

668,000
2811,000
18,200,00)1

300,000
750,000
500,000

Ninth National..
First National..

Bowery National
N.York County..
Germ'nAmeric'n
Chase National..
Total

22.1XXI

8,176,000
8.400,800
4,808.120

2,1X10,000

.

1)X),8(X)

2,187,000
2.412,000

1,500.000
2,000,000
500.000
285.000
210.000
250,000
100,000
3,200.000

Third National
N. Y. Nat. Bxch..

133.4IX>
300,0) "0

0O.SIKI.2IK)

1.1 22,2110

1. "Kill

900,000
807,300
5,400

1,968,41X1
3.080,51X1

11.0 H'

11

691.600

103.000
63.600
83.000
036,300

198,000

801,700
1

270.000
241,400
2,841.000
240.0i X)

l,808,(K10

2.001,900
2,038,400

3.9)10

348,300
450,000

1,497,81X1
3.012,1X1(1

i

2,270,0)X)

4.700
774,100

4,040,400
1.279,400
8.306 IXXi
18,481,800
16,810.300

.'I'"

l.i

358.000
1,096,700
527,600
309,500

467.51X1
603,5)XI

143.300

351,7(X1
18,365,11X1
9,364,)XXl

l,020,(XXi
1.404,1X10
207.1X10
559,(XX)

Dec.
Dec.

Legal tenders

The following

70.900
6,461,600

Dec.
Dec.

21.
28.

Mar.
Mar.
Mar.
Mar.

1.

11.
18.
25.

weeks

past:

235,974,100
236,824,400

20,911,600
20,514,100

39,600,000
40,767,000

808,625,600
203,209,700

20,077,000
19,576,700

421.244 872
325,696,184

234,250,00
20,086,200
830,682,000 18.962,400
233,168,400 17,344,000
234,410,200 17,431,700
238,241,400 18,633,300
818,889,808 I7.841l.3iX)
244,186,500 18,050,500
244,007,000 17,931,300
246,718,900 10,456,500
247,674,200 10,945.200
240,824,500 17,312,400
243,839,800 18,8)13,700
240,458,500 18,448,800
235.836,000 18,865,000

41,832.600
45.056.400

200,173,000
208,482,200
211,590,600
214,981,200
219.219,200
219.387,300
217.271.200
210.382,000
213,429,700
213,293,100
210,563,300
200.591,400
198.945.000
193,121,700

19,848.800
J9.785.000
19,767,000
19,617.000
19,480,600
19.427,100
19,398,800
19.335.900
19.832,400

411.598 790
424,413 225
480.222 549

1.
'8.

15.
21.
1.

8.

15...
22...
29..

4»,963.8)X)

53,599.600
54,048,800
51.135,400
48,331,81X1
4.5.377.IXX)

42,651,800
4)).593.800
89,178,4)10

230,442,91X1

1S.IKI3.1KK)

30.972.000
84,268.900
31,815,800
36.145,400

18,875.000
18,228.100

40,672,11X1
45,224,51X1

200,255.000

10..
17..
24..
31..

231.151,300
231,096,900
239,857,800
242,941,600
253,838,500
257,030.500
257,272,800

214.331,700
824.937,200

7..

2.38,332,700

Junel4..

256,291.000
255.901,000
253.573.500
257.082.500
262.951,900
202.719,800

49,440,500
53,578.700
49,150,900
1.8.802.40(1 48,281,900
18,785,41X1 41.701.400
18,990,700 48.822,800
18,78II,9)X) 44.831,900
19,296,900 43.859.400
19.1XX1.400 46,902,000

Mar.
Apr.
Apr.
Apr.
Apr.

May
May
May
May
May

June

5..

12..
19..

26.,
3..

June 21..
June 88..
July 5..
July 13..
July
July

19..
26..

Aue.
AUf.
Aug.

16...

2..
9.-

260.588.61X)

207,280.100
272,936.000
274,311,000

18,510,8)111

18,745,600

18,7(13,000

IN

195.303,71X1

611 674082

493 410 515
452 720 433
434 908904
510,297 775
501 321 270
41X1417 429

19,335,800
19,290,900
19.512,100
19,635,500
19,690,100
19,721.200

413'8U"'t:is

S9»'872'o57
401 lso'o57

423 259 '.35(1
487.843450
111,707,000 538,108080
19.083.100 548 798 625
-

19,688,000

591 290 770
511.8 230 201

21X1,424,700

19.685.4IX)

227,345,600

19,856.000
19,869.400
19.977.800
20,050,800
20,158.200
20,371,300
20.542.900

529 OOd'lUlO

8l),509,9(X)

881.835.788

80,531,000
20,549.500
20,504.800

494 794 747

225.754.IXX)

888,888388
227,316,700
880,177.(XX)

49^44,800

19,971,500
80,011.700

51,1X11.900

50J5O8.90O

220.118,600
286.007.300
241.388.800
240,154,300

19.927.6IX)
19,652,41X1

5*288,1 IX)

243.383.IH10

57.0.35.11X1

19,821,100
19,553,800

50,435,500
43,974,000

254.770,700
253,280,800
248,474,600

730.885
472 828 Ohm
41)9

450,084'()41

4561X11901
438 785 880
432 520468

481801057
491715 801
580,O30'563
605,018,05*

20,0.82.100

20,719,500

BOSTON. PHILADELPHIA AND OTHER CITIES.
Bid. Ask.

BOSTON.

SECURITIES.

33H

do

.

6s

S. Western, 8s ....
Pueblo A Ark. Valley, 7s
Kutland 8s,lst mort..
Vermont A Canada, new 8s.
-Portland 6a
Atch. A Tcpcka 1st m.7s
114H lUt, Vermont A Mass. i:u.,6s
landgrant7s 113 114
do
STOCKS.
2d7a
do
113* Atchison A Topeka

Chicago sewerage 7s
do
Municipal 7b

do

land Inc.

do
68
Boston A Lowell 7s
Uoston
Burl.

A

108 14 110
18lfl 122

108
115

Chic. Clinton Dub.

Burlington

Mo., land «rant 7b

6*

iu
.

41K
47X

A

Mo. In Neb.

2-M,
li)j

pref
pref..

RAILROAD BONDS.
.

6s. '83.. 107
6s, '87.. 103

8dm.
Camden AAmboy 6s,coup,'83

7*

A Bound

Br., 1st, 7s. 1905 118

mort. 7s, '88
El. A W'msport, 1st m.,7s,'80.
1st

do

Ss.perp

llarrlsburg 1st mor*. 6s, '83..
A B. T. 1st m. 7s, gold, '»>. 114
3d m. 7s, gold, '95. 100
do
do
8dm. cons. 7s, '95'

8*

48

Eastern ( Msss.)
18
Eastern (New Hampshire)
FItchburg
jt 117
Kan. City Top. A Western...

43H
U"l

.

1171,

niH

Cincinnati

Miss., 1st in

do

c.s.'

p

1

.,:'.( .:i

....

m. 7s /W
m. 6s, cp., 35.

Little Schuylkill, 1st

....

North. Penn.

108

1st

4

Cln.
Cln.

til

do

6a,

gold)

O., 4a. long..

.1

7a, ttoSyrs..-)

do
Ham.

A

2dm.

do
do

A

.

'43- '44.

Louisville 7s

t |04i«

do

4s, '82 to

in

i

;02

do

4a,'97to'W

1

102

do
do
do
do

water
water
wharf

4s,'87 to "89 1
stock 6s,*97.t

102
108

1102

4s

spec'l tax 4s of "89. t 108
Loul-vllle Water 4a, Co. 190? t itev,
Jeff.M.Al.lstm.<lAM)7>,'81t 104

.

{

Cou. to

.,'an.. *77.

3t.

...
p., 9f .. .
cp., '94* ....

fun ed.

34.

.

118)2

|02J<

I18U
110
101

102

103

101M
1U3M

ST. 1.HIIV

!0.H» 104

'1-i.in.

<

do
deben.,
do
do
ens. oft. 35
do
scrip, 1332.
73
do
In. m.7s, cp,1894 ....
do cons. m. 7s, cp.,191 !..
do eons. m. 7s. rg..!9'.i.. 111H
•Inde'au'. X Per share.

107

113

Little

1

m. 6s,

MM
87),
104
102
103
102
100
iob'n

1st

120
Pennsylv., 1st m .. 6s, cp., 'SO.. 103
103*
do
2dm., 7s
1
gen.m.6a,cp.,19i0.ill5
do
118H,
1st m., 7s, 1906... .1
do
do
gen. m. 6s, rg.,1910. 117V<tll7*i Loulsv.C.A Lex. lat m.7».'97<
cons.m.6),rg.,1903. 109Va lion Louta.A Fr'k.,Loulav.ln,6s,'8<
do
do
cons. m. 6s. cp., 1995. 106* 107* Loulsv. A Nashville—
do
Navy Yard6s,rg,'81|....
Leb. Br. 6s, '86
t
Pe n. Co ,6a. reg
I....
1st in. Leb. Br. Ex..7s,'i»-*.t
Perklomen 1st m.6s,coup..'97Lou. In.
do
64, '93.. .t
Phlla. A Erie lat m.6s, cp.,'8i. 1054, loos, Jefferson Mad. A Ind. stock.
do
2d m. 7s, cp.. '88.1 ill
lis

do

85

Dayton A Michigan stock..
do
8. p.c. st'k.guai
Miami stock
I.OI IMII.I.I.
108*

33

Tltu8V.AB..7B.cp.,'»6

2d m.,7a,

101

7s, '35 i

1st m., 1905 t
m. (s, 190.)
Ind. Cln.
Laf . lat m. 7s.
do (I.AC.) let in.'s.'Sv)
Little Miami 4s, '83
t

do
2dm. 7s,cp.. 1*6.1
iiS
do gen. m. 7a, cp., 1903.1
do gen. m. 7s, reg., 1903 .... 114
Creek 1st m.7s, coup.,'8;. 82>i

do
do

103

. .

104

111'-. 115
reg., 1893.
2 1 m. 7s, reg., 1910. 123
123*
con. m., 6a,rg.,19J3 10844 109)4

do

1
t

South. RR. 7-30S.1

Ham. A Dayton stock.
Columbus A Xeula stock

Lehigh Valley, lst.6s,cp..

.

long

7s
7-80S

Cln.

7a g.J
189a

..

6s,

do
do
do
do

Ind, 7a, guar
A Indiana 1st m.7s
t
2d in. 7s, '77. .4
112* Col urndo A Xenla,
1st m. 7s, *9)>
Dayton A Mich. 1st m. 7s. 'si
107H
do
2d in. 7s,'84.t
do
3d m. 7s, '88t
Dayton A West. 1st m., '81 .t

.

A

m„gr.0y W.Co.JA.l

7A7-90s,long.i
Cln.A Cov. Bridge st'k, pref
Cln. Ham. A D. 1st m. 7s, '80 +

IthscaA Athena 1st g d, 7s.,'S0
Junction 1st mort. 6s '82. ...
do
2d mort. 6s, 1900

do
do
do
do

1084.

3d in., guar., J.A J.
Cln. 7s, '92. K. A A ...

A

.

.

H.

4

140

6s.

do
do

.

80
80

139

2d

do

Hamilton Co.,

Catawlssa 1st, 7s, conv., '82.
chat, m., 10s, '88 ..
do

Kast Penn.

105

CINCINNATI.
103V,

Cam. A Burlington Co. 6s,'97.

new 7s 1900
do
110
Connecting 6a, 1900-1904
111*
Chartiers Val., 1st m. 7a,C.,l901
Delaware mort., 6s, various.

Bii\I"l.

do
2d, M. AN
do
8a, 3d, J. A J
Union RR. lat, guar. ..J.A J..
Can on endorsed.
do

do
do

ITilla.A Read, lat

.x

36

4s, coup., '89 lbs
mort. 6s, '89
1184«
Cam. All. 1st m. 7s, g., 1903 116
2dm., 7s, cur., 1879 103
do

Del.

5ti

2dm. .pref

do
do

Bclvldere Dels. 1st m.,4s,1902.

A

prtf

1st

8d prtf
Wash. Branch. 100

RAILROAD

7.4

Allegheny Val.,7 3-lOs. 1396.
U4J*
7s, E.ext.,1910 103
do
do
Inc. 7s, end.. '94. 35
2d m.

-S7.....

Bait. A Ohio 6a, 1830, J.AJ.
42
do
4s, 1835, A.AO.
140* N. W. Vs. 3d m..guar.,10 JAJ
PltUb.A ConnelTsv/.s/WJAJ
Northern Central 4s, 83. i A.1
do
4s, 1900, A.AO
do 6s, gld. 1901), J.AJ
Cen. Ohio 6s, lstm.,'9U.M.A 8
24
W. Md. 6a. 1st m., gr.,'90,.I.AJ
do 1st m., ,890, J. A J...
do 2d m.. guar., J.A J....

Mar.

do
do

Q

J.A J
new...

Western Maryland

NavigaUon

do
Susquehanna

105K 108

117),

,

1902,
\
3r, 19.6,

Parkersb'g Br. .30
10* Northern Central
80
193,

.5* 18*

scrip....
do
...
Pa.AN.Y.C.A RR.7s,1896 .... 119

105
5014 '51

1

1B93.M.AS

Sa.eierapt.Vo.M.AS
8s, 1*00,

Central Ohio
SO
Pittsburg A Connellsvllle..59

l-lllsb.

28
47

.

Ill

Oil

118
.

10

A
A

7J«

.

4s,psrk,1890,V,.-M
6s.

no
do
do
do

43X
i"\

ll'I'IKI

Norfolk water, 8s
RAILROAD STOCKS. Par.
Bait. A Ohio
10T

45

109* 110
90

lot,

Peansylvanla

103W
98

754

A Mln

103
16

United N.J. Companies
West Chester conaol. pref ..
West Jersey
CANAL STOCKS.
Chesapeake A Delaware
Delaware Division
Lehigh Navigation
Morris

do

42

56
58

Pittsburg Tltusv. A Buff.
St. Paul A DuluthU.R. Com
do pref.
do

Schuylkill

do
do
do
do
do
do

pref.

118

117

107X I07K
do
Neb. 8s, 1883 ....
«onn. A Pasaumpslc. 7«, 1897.
Connecticut River
Kastern, Mass., 3*8, new. ... '78K 78
Conn. A Pasaumpslc.
Fttchburg
do
7s
«an. City Top. A W., 7s, 1st
do
do
7s, lnc

3.1*4

1361,

A Lowell
A Maine
A Providence

Boaton
Boston
Boston

A Providence 7s

RR.,

ios'x

. :

9s..

Lancaster.
Broad Top...

do

Philadelphia

98

.

.

Omsha A

A

I

6^

pref..

A

lilnehlll

Bid. Ask.

flartf ord A Erie 7s. new
Kas.City. 8t. Jo. AC. B. 7s.
New York A New Kng. 7S.
()<densDurg A Lake Cb.Ss

Maine 6s
'New Hampshire 4s

do

Lehigh Valley
Little Schuylkill

.307331749

1II,236,0(X)

804,.514.800

19,889.80))

SBCUEITIXS.

Wllliaiiwport

Mt. Joy

Huntingdon
do

L. Sup.

QUOTATIONS

4IM

Heading
Trenton
phlla.Wllmtng, A Baltimore

1879.

Jan.
Jan.
Jan.
Jan.
Feb.
Feb.
Feb.
Feb.

A

do

l'nlladelphla

L. Tenders. Deposits. Circulation. Agg. Clear

lo»W

do
do
do

3H

pref.....
do
new pref
do
Delaware A Bound Brook.
Kaat Pennsylvania

240,800

Specie.

•an

Ss, defense, J.A J.,
6s, exempt, 1687. ...
6a, 1890, quarterly.,
5s, quarterly
Baltimore *s,jS8l. quart
do 4s, 1884, J.A J.
do 4s, 1890 quarterly..

in

catawlssa

Klmlra

mi
Maryland

38
47

1.2)1.3,000

are the totals for a series of

,

do 4s, bosiAcar.rg.,IJ.J
do 7s, bostAcar.<g..:4 5
Snsquehanna 6s, coop.. .4.8 .*

coupon
RAUtHOAD STOCKS.*
Camden A Atlantic
pref
do
do
llarrlsburg City 6s,

1,072.800
2,292,400

37,400

deb., coup

Pennsylvania 4s, coir , :*I0.
8chuylk. Nav.isl m.6s.rg ..VI.
do
2d m. 4s, reg., 1107

coup

325.000
160,400
478,100

Loans.
1878.

A

7s, reg.
do
Delaware 6s, coupon

—

t'ennaylvanla
Philadelphia A Krle

Inc..

West Jersey 4s,

.

Camden County 6s, coup
Camden City 6s, coupon

225,000
180.G90

Circulation

..

*

20N.01X)

I

•si

1

1,027,200

|

Specie

38

••yrs.Ocn.A I ornV.lat.s.ls.ti 104
lexaa A Pac. 1st m ,4i,g..l»a lo))
do
cons m..4ij|..isus
s»4.i»u:
do
Inc. A I. g r ,^s 1911i 81
Union A Tltusv. 1st in. 7a. 'so. 4<Ml sot.
United N.J. cona. m.6a. '94
Warren* F. 1st m. 7s, •94...
West Chester cona. 7s, fl. ..

do
:stm.4a,cp..fa 106
Philadelphia, 3s reg
do
1st m. 7.. vi
112
4s. old. reg
._
do
Western Penn. KR. 4s,cp.:m
do 4S, n., rg., prior to '93
do
la P. fi.,-94 102
do 6a,n.,rg. H93A over
1204,
County
5t,
coup..
CAXAL
BONDS.
Allegheny
Cheaan. A Dela 1st 6a, rg.. Allegheny City 7b. rex
Delaware Dlvtsloa 4a, CP..T*.
[Mttiourg 4s, coup., WIS
1918.
Lehigh
5s,
reg.
A
cp.,
Navlga.
m.,4a, reg..M
do
4s. gold. reg
do mort. UK.. rg.,*9:
do
7s,w't'rln,rg. Acr>. U4), 15
do m. co i.v. g., r* g./si
do
HIS
do mort. goid.'si
lo 7s, Hr.lmp.. reg. ,'83-36.
do cons. iu.7s, rg..t9l:
N. Jersey 6s, reg. and coup.
Morris, boat loan, reg. I8H..
exempt, rg. A coup.
do

181.700

:

Piitl.Aic.Coalklroadtib.lBjR
deb. 7s. eps.0B
3°
do mort., 7s, ismj.....

hunhury A Krle laim.1i,

35

5s, g'd, lnt„reg. or cp.
5s, cur.,rog
3e. new, reg.,1892.-1902
4s, 10-15, reg.,l«7;'«
4s. 16-25, reg., 1882- '92
64, In. Plsne, reg.,1879

do
do
do
do
do

331.01X1

deviations from returns of previous week are as follows
Loans and discounts
Inc.. 11,375,000 Net deposits
Dec. $4,755 600

1

SoS

STATS AND CITY BONDS.

Nesquehonlng Vslley
Norrlstown
Northern Paclflc
pref
do
North Pennsylvania

The

J

i'i7)»

PHILADELPHIA,

45.000
798,000

i74.311.0O0 19.553,900 43,974,000 248.474.000 20,719.500

H

.

l*
17*4

00

Vermont A Massachusetts..
Worcester A Nashua

11,242,1XXI
7.649,01X1
849.8<X)

2,456.000
4,172,000

81

Aak

101H

'

liar. P.

800,800
654.300

31',

Bid.

K. eoas.nJs«.l.l»ll.

do eonv. Is, !M*
L „ do
7s.coup.o4t.'**

do
«3
Phlla. Wlim.AB.lt.
li'7k
11X1
109
old colony
Pltu.Cln.ASt. L. 7..COO..IW. lea
Portlsnd Baco A Porumooth 11X1
Shamokln V.A Pottav.7a, IW1
x
8<i
I'ullDia Palace Car
Sleubenv. A Ind. 1st. 4s, 18*4. l')il
ob'H 60*4 Stony (.'reek 1st m. 7s i»n.
Pueblo A Arkansas
19
Rutland, preferred
Hunb. Has. A W.,!at in ..:,. ti

Pcnna.

9S0.IXXI

899.40)1

I112.2IH:

8.304,8011
2,528,IXX)
13,422,(XX1
1,500,01X1

300,000
400,000

Siech. Bkg. Ass'n

12,51X1

1,260, 00
2,02)1,31X1

1,000,0)10

Tr..

85,000

2,088.011),

3,000,000
000,000
1,000,000
500,000
500,000
500,000
1,000,000

Marine

180,100

13.750,000

800,0)10

Importers'

828,21X1
213,21X1

1,980.1(1)1

127.1XX
222.001;
175.50(1

2,2117.11)10

Continental
Oriental

532,600

322.80C

4,1(1 12,500
3,132.51X1

Nicholas

706,800

3,189,51X1

184.61X).

450,000
412.500
700,080
1,000,000

Shoe & Leather.
Corn Exchange.

8.118,400
1 .806,800
11,128.100

181,900

422,700

St.

fl,394.4)XI

1,000,000

1,500,000

Nassau
Market

2,518,000

227.31X1

Republic

Citizens'

262,000

2fl2.0)X

1,5)11 ,0<XI

Paclflc

Metropolitan

44,51X1
121, ""I
I.DMi

8,124,400
1,522,500

Chatham
People's

8387.800

73.2O0

3,823,400
8,680,900
1. 25IUX10
1. 111.000
887,800
2.000,700
881,900

5,229.406
3.505. 100

Manorer

5,779.1X10
5.52I.7IXI
3.220,8)Xi

10,701,1100

1,000,000
1,000,000

Broadway
Mercantile

510,50)
740,10)
494,40)
887,90(

1100.000

ll.z72.4IX'

Commerce

495.000
UK

600,000

300,000
300,000
200,000
BOO.OOO
300,000
800,000
5,000.000
6,000,000

.

205.IXX1
1,039,1 IX!
801,80(1

ii

1,128,001
218,40)
405.90)
1.113.100
530.30C

1.000,01X1

Seventh Ward.

68.1,7011

11,21)1, IDK)

Gallatin Natlon'l

State of N.York.

4.11KI.IXX)

2,000,000
1,200,000

Butchers'* Drov.
Mechanics' A Tr.

Greonwlch

9.514,300

lol.iii

England...

pref..

f

1,077.000

176,0) K]

651,500

1,000,000
1,000,000
1,000,000

i

t

f
641,300

0.2I8.00C
7,007, IOC
7,020,700

2,1X10,000

City

-

Sew York A New

A

Phil.

Northern or New Hampshire
Norwich A Worcester
liwx
ogdensb. A L. Chainplaln ... 17

.I,,,,...,.

•aoeaiTtM.

Manchester A Lawraaee....
Nashua A Lowell

Net dep' 1 "
Legal
other,, ClrculaTondors than U. 1-tlon.

Speole.

discounts.

Bt <

Bid. Ask.

:

Average amount of

New York

.

19:*

HOMO.

—

New

York City Banlta. The following statement shown the
condition of the Associated Bulks of New York City for the week
ending at the commencement of business on August Hi, 1879
Bank*.

.

.

,

THE CHRONICLE.

1870.]

23,

....
..
.' .

t 10S
Louis 4s, long
water fa, gold
t 10844
do
do new.t
do
do
bridge aopr..g. 6s t
do
renewal, gold. 4a.t
do
sewer, g. 4s, ^i J-J.t
Loula Co. new park.g.ss.t 107)4
......t
car. 7s
do
.

t

And Interest.

.

...
.

.

—
.

..
..
.

.

—
.

,

. ....
..

..

THE CHRONICLE

194

[Vol..

NEW

QUOTATIONS OF STOCKS AND BONDS IN
U. 8. Bonds and active Railroad Stocks are quoted on a previous page.

XXIX.

YORK.

Prices represent the per cent value, whatever

t/ie

par may

it.

STATE BONDS
SECURITIES.

SECURITIES.
5s, 1886

8»,1886
88 1888
8a! Mont's. i, Eiifailla KR.
8», Ala. A Chatt. KR...
8s Of 1898
8s Of 1893
Class A,2to5
Class B, 5s
Class C,2to5
'

47

.

.

&

R. R. RR...
Arkansas Central RR.

Miss. O.

new
new floating

debt.

New York—6s, gold,
18
18
18
18
18
18
18

.

penitentiary
levee

do
do of 1875

'83

due
due
due
due

new
endorsed

7a,

gold

Hannibal

Connecticut^-^
Georgia—6s

Illinois— 6s.counon. 1879...

A

Bid. Ask.

:&j
106
117
119
121

6b, old,

23
23

A.AO

No. Car. RR., J. 4 J
do
A.AO
do
coup. off. J. & J.
do
coup, off, A.AO.

Funding
do

1084*
103)*

New

do
Chatham

7s of 1888

Non-fundable
6s,
6s,

109

89
8

1868

J.AJ
A.AO

14
14

new
new series

6s, old
0s, new, 1806
0s, new, 1867
6s, consol. bonds
6s, ex matured coupon..
6s, consol.. 2d series
6s, deferred

IB)*

i

55
15

u
ir,

10

40
15

2H94

—

Virglna
9
9

m

RR

28"
28
80

IBM

.

D. of Columbia—365s, 1924.
Small
Registered

iiH

103

859*

88"

RAILROAD AND MISCELLANEOUS STOCKS AND BONDS

.

A

1st mortgage, 1891

156

tH

Nashville Chat. A St. Louis.
New Jersey Southern

9

N.Y.Elevated

New Haven A Hartf
A Mississippi pref
Pitts. Ft. W. A Chic, spee'l.
Rensselaer A Saratoga
St. Louis Alton A T. H
pref.
do
do
Terre Haute A Indianapolis

UM

N. Y.

Ohio

RR. A Canal

J.

101

.

Adams Express

J8

American Express
98

13«

42

8M

mi
27h
90

433

Bur. Ced.R.A North.— lst,5s
85H 87
Minn. A St. L., 1st, 7s, guar 4105
Chesap.A O.— Pur. m'y fund 100>i!

MS

6s, gold, series B, int. def.
6s, currency, int. deferred

tso

A Alton— 1st mort. 117
4105
Income

Chicago

Sinking fund
410644
Joliet A Chicago, 1st m.
Louis'a A Mo., 1st m., guar 104" 107
2d 7s, 1900
do
LOO
120
St. L.Jack. A Chic, 1st m
.

Miss.Riv.Bridge.lBt.s f ,6s
8 p.c, 1st
Chic. Bur. A
Consol. mort., 7s
.

LOB
111

m

120

sinking fund
Chic. Rk. l.A P.-«8, cp.,1917
6s, 1917, registered

101

5s,

lst.g., 5s.

93)*

Central of N. J.— 1st m., '90.
1st consolidated
assented
do
Convertible
assented
do
Adjustment, 1903. .„

116

too

103

80*

assent'd

Am. Dock A Impr. bonds.
assented
do
Chic.Mil. A St.P.-lst,8s,P.D

;118

nix

li

M

11394

Con. sinking fund
2d mortgage
1st m.. 7s, I. A D. Ext

VX>H

114
1031*

.

.

A Ind's— 1st, 7a, s. f.
Consol. mortgage
C. St. L. A N. O. Ten. Hen 7s
C. C. C.

m

.

*

100S<

St.L.I .M. AS..1 at 7s,pref .int.

do 2d

4...

114""

102'.,

98"
87«

^K
120

1U44

1UU US

110

111

<108

111

I

Prices cominaj.

U8

accum'e

98
95
45
K4(*

108

114)*

497

80
54
67
37)* 43
76
519*
441

Texas—6b,

M

.

.

.

1892

7b, gold, 1892-1910
7s, gold, 1904
10s, pension, 1894.

Virginia— New 10-40s

.

J.AJ. +112
J.A J. +99
499*

CITIES.
Atlanta, Ga.— 7s

100
107

8s

Charleston,

97

C—Stock, 6s

S.

7s,F.L

Columbus, Ga.— 7b, bonds.
Macon— Bonds, 7s
Memphis— Bonds, C
Bonds, A and B
Endorsed M 4 C. RR

104
58
li'i'

55

.

Compromise
Mobile— 5s, coupons on
8s, coupons on.
6s, funded

Montgomery— New

New 8b

108
115
108
+118H 114
+LL4 115

80
by

A 8. +103'
.J.A J. +111

Water works

115

105
118
+107

—

—

5s

6s,

new

New Orleans— Prem.,

5s

tlOSM

—

M
M
n

B
B

—

.

M

m

I

No—

l

I

[

4

No

price to-uay

;

60
65
75
70
20
20
25
25

90
90
24
32
28
105
108
115
108

75
75
73

104
40
112

70
97
75
95
100

50"
112
102
85
90
60
100
100
75

5
45
104
102
115
91
85
85
70
25
90
88
112
107

102X

C—

C—

119

50X
108
110
102
106

M

.

.

485

101

50"

M
M

1049i

113
118

«'

m

100)*

ids"

IS
15

.

"2>* 1139*

62
92

25

80
80
22
30

Nashville—6s, old

—

110
859*
4120
125
125)*
110
no-.,

M

10
10

—
—

103

70
07

20

Consolidated, 6s
24
Railroad, 6s
100
7s, river Improvement
+118)* 114)* Norfolk—6s
100
Petersburg 6s
+112 115
,..
Cleveland— 7s, long
110
8s
Detroit— Water works, 7b.. +1129* 115
104
Richmond 6s
42
Elizabeth City— Short
45
73
Savannnah— 7a, old
40
Long
46
73
7s, new
Hartf ord—6s, various
102
109
70
Consols, 5
+108
Indianapolis— 7"30s
Wiim'ton,N.C—6s, g., cp.on
+90
100
Long Island City
8s, gold, coup. on...
+109
111
Newark City— 7s, long
RAILROADS.
+114)* 116
Water, 7s, long
20
+101
Oswego 7s
102)* Ala.4Chat.— Rec'rs ctf s.var
+118 115
Pougnkeepaie Water
UN
Atlantic 4 Gulf— Consol..
SO
Rochester- Water, 1903.... +118 116
Consol., end. by gavan'h.
+1109*.
Toledo— 8s, water, 1894
Cent. Georgia Cons, m., 7i 109
+100 105
Stock
'.'.'.'.'.'
Water,
1908
+111
114
Yonkers—
Charl'te Col.4 A.—Cons., 7s
RAILROADS.
2d mortgage, 7s
1)0
East Tenn. A Georgia—6b..
Atchison A P. Peak— 6s, gld 105 112
E.Tenn.A Va.— 6s,end.Tenn OS
106
Bost. A N. Y. Air-L— 1st m.
E. Tenn. Va. A Ga.— 1st, 7s, UM
105 110
California Pac— 7s, gold..
40
Stock
91
6s, 2d mortgage, gold
110
Georgia RR.— 7s
Cent, of la.— 1st m., 7s, gold
719* 73
100
6s
54
57
Chic.ACan.So.— lat m..g..7s
no
Stock
88
899*
Chic. A East. III.— 1st m., 6s
Greenville A Col.— 7s, 1st m.
50
53
2d mortgage, inc., 7s
7s, guar
Dty
103
Chic. St. P.A M.— 6s, g., new 102
97
Macon A Aug.— 2d, endora
92
95
I .and grant, 08, gold.
MemphisA Cha'ston— lst,7s 05
Chic.A Southwest.— 7s, guar 108 110
2d, 7s
70
80
85
Cin. Lafayette A Ch.— 1st
3
Stock
86
97
Cln.A Spr.— 1st, C.C.C.AI.,78
1st m., g'd L.S. A M.S., 7b. 10494 UK))* Memp. A Lit. Rock— 1st, 4s.
Mississippi Cent — 1st m. ,7s 101
Col.AHock.V.-l8t,78,30yrB +108 110
2d mort., ex coupons
+100
1st, 78, 10 years
Miss. A Tenn.— 1st m„ 8s, A 110
+100
102
2d, 7s, 20 years
1st mortgage, 8s, B
68
Dan.Urb. Bl.AP— lBt,7s,g. 65
71)'
Mobile A Ohio— Sterling, 8s
75
Denver Pac— lst,7s,ld. gr.,g 72
70
Sterling, ex cert., 6s
102
Erie A Pittsburg— 1st m., 7b 4100
00
8s, interest
101
106
Con. mortgage, 7s
15
2d mortgage, 8e
85
90
7s, equipment
New 1st mortgage
Evansv. A- Crawf ordsv. 7s 102 106
New debentures
Evanav. Hen. A Nashv.— 7s
80 100
110
N. O. A Jacks.— 1st m., 8s.
65
Evansv. T.H. A Chic— 7s, g.
55
Certificate, 2d mort., 8s..
104
95
Flint A Pere M.—8s, I'd grt
90
Nashville Chat.A St. L.—7s.
84
87
Galv. Hous.A H.— 7s, gld, '71
94
1st, 68, Tenn. A Pac. Br..
108
(ir'nd R.AInd.— lst,7s,I.g.gu 107
lst,6s,McM.M.W.AAl.Br
»2X
92)* 95
1st, 7s, Id. gr., not guar
Norfolk A Petersb.— 1st, 8s 107
1st ex land grant, 7s.
70
75
1st
mortgage, 7s
+108
Grand River Val— 8s, 1st
108
2d mortgage, 8s
Hous.A Gt.N— lat,7s,g.,ctfs 84)* 85
112
1st m., 8a
1st, 78, gld 105)* 106)4 Northeast., 8.
Hous. A Tex.
97
mortgage,
8a
2d
103
WeBtern Div

1089
103)

or,'

Rejected (beat sort)

Augusta, Ga. — 7s, bondB

CITIES.

96.

interest.

109

(Brokers' Quotations.)

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

i

And accrued

—

60

490
490

104
Waco
Consol. bonds
1069*
55
Indianap. Bl. A W.— 1st
4...
Indianapolis A St. L.— 1st, 7s
78
Indianap. A Vine— lat,7a, gr 101
International (Tex.)— lst,7s
85)*
1039*
Conv., 8b
23
Int. H. A Gt.
Jack.L.A8.-8s,l8t,"white' +108
12794 128)* Long Island— 1st mortgage. 105
*..
123
Montclair A G.L.— 1st, 78, n.
85
4117
43
N. J. Midland— 1st, 7s, gold
*113)*
6
2d mort
New Jersey South'n— 1st, 7s 42
Col. Chic. A I. Cist con..
76
14
Midl'd—
1st m.
N. Y. A Osw.
do
2d con...
60
....
Receiver's certif 's, labor
do Tr'tCo.ctfs.lstcon 744* 75 l
other.
58
do
do
do
2d con
22
95
28
Oswego A Rome— 7s, guar.
RonillW'ii,tnii.-f<in.l«t.
hbu ftoSf' Penrln Pptcln * .1.— 1st m_.
34
+

94
86

103
103
90
104

STATES.
N. Carolina.— New 4s
So. Carolina Con., 6s (good)

Miscellaneous List.

l8tm.,0s,'95,wlthcp.ctfs 4119
1st m., 6s, '98
do
with coup, ctfs

Leav. br„

int.,08.

Chic. S1.L.A N. 0.,2d m.,1907

*;;" 107

grants, 7s

st in ., 7s,

Soutbern Securities.

INCOME BONDS.
Central of N. J., 1908.
Leh. A Wilkes B. Coal, 1888

109

Oregon, 1st

do
with coup, ctfs
1st m., 7s,R.AL.G.D'd,99
with coup, ctfs
do
1st m., 7s, land gr't, '80..
with coup, ctfs
do

1st, 7b, '90,ex cp.

la., 1st

1900, registered
Sprlng.V'y W.Works, 1st 6s.

Sinking fund
Registered, 8s
Pacific RR. of Mo.— 1st m.
2d mortgage
Income, 7s
1st in.. Carondelet Br.
South Pac. of Mo.— 1st m.

1

4107

8yr. fitivh.AN.Y., 1st, 7s

MorriaAEssex, 1st m
3 1 mort
do

A

A So.

.

70
110
93

(Brokers' Quotations.)

m.7s,ex cp
West. Un. Tel— 1900, coup.

99
4100
State Aid bonds
103
Land grant bonds
Western Pacific bonds..
South. Pac. of Cal —1st m.
Union Pacific— 1st mort
Cal.

A Tol.,

..

1st con. 7s

Del. Lack. A West.-2d
7s, convertible
Mortgage 7a, 1907

Q.

99J4

San Joaquin Branch

.

.

113

1st m., Springfield dlv
Pacific RailroadsCentral Pacific— Gold bds.

Union A Logansport— 7s.
Union Pac, So. Br.—6s, gld.

I

111.

2dmort.,'88
do. with coup, ctfs
Inc. coup. No. 11 on 1916
Inc. coup. No. 16 on 1916
10MJ*
Den. Dlv. 8s ass. cp.ctf.
108
108)* Pennsylvania RR—
117
Pltts.Ft.W.A Chic, 1st m.
104* 100
do
do
2dm..
do
do
:m in
109
Cleve.A Pitts., consol., s.f.
107}*
do
4th mort

Milwaukee, 1st m.

do

Consolidated
2d consolidated

St.L.VandaliaA T.H.— 1st m
2d mortgage, guar
Sand. Mans. A Newark- 7s.
101
1144* 8cloto Val. 1st 7 p.c s.f. bds +101
114), South Side (L. 1.)— 1st mort
88
115
South Minn.— 1st m..7s, '88. 100
90
1st mortgage, 7a (pink)
100
60
Extension
90
Tol. Can. 8.4 Det.-lst. 7s, g
60

mi

lo;;i„

:

106

57
55

do
class C.
St.L.A S.E.— Cons.. 7s, g.,'94

106

50"

Pur. Com. rec'pts, 1st, E.D 4107"
lst.W. D. 4107
do
do
35
Bur. Div.
1st pref. inc. for 2d mort.
t....
1st inc, for consol
Tol. AWab.— lstext.7s,ex cp. 108
n'09* n'i
1st St. L. div.7s,ex mat.cp.
94)*
no
118
91
2d mortgage ext.. ex coup
117
Equipment bonds, 7s, 1883 40
7S«
Consol. conv. ex coupon.
839(
Gt. Western, 1st m., ex cp
729* 7SM
do 2d m.,7s,'93,ex cp 909*
105

m

A

San F\— 2d m., class
2d mortgage, class B

St. L.A

Consol., 7a, 1910

121
123)|
108)*
1IIS7, losii
104
104)*
112
108

Kansas Pac.--lst m. ,0a, '95

112

conv...

m
m

125

T—

N.Y.C.AHufl.,lstm.,cp.
do
1st m., reg
Huds. R., 7s, 2d m„ s.f.,'8!
Canada South., 1st, int. g
Harlem, lat m., 7s, coup.
do
1st m., 7s, reg
N. Y. Elevated— 1st, 7s, 1906
Ohio A Miss.—Consol. s. f'd

95
99

%....

mortgage, W. D.
Burlington Div
2d mortgage. 1886...

119
110
JUKI
Equipment bonds
73
Mo.K.A
Cons.ass.,1904-0
2d mortgage, inc., 1911
319*
H. A Cent. Mo., lat.. 1890 109
1059* lOSii
N. Y. Central-6s, 1883
6s,1887
107)*
41045*
6s, real estate
6s, aubseription
* 1049s

8S.
no*

2d

Metropolit'n Elev— lst.1908
Mich; Cent.—Cons., 7b, 1902
1st mort., 8s, 1882, s. f..

113

93
90
90
105

X

1st

.

100

Iowa Midland, 1st ra., 8s.
Galena A Chicago, exten.
P., 1st

new

2d mort., 7s, gold
Nashv. A Decatur, let, 7a.
Marietta A Cin.— 1st mort.

109)f,

Extension bonds
1st mortgage
Coupon gold bonds
Registered gold bonds

do

A Ash., old.

-

Belleville A So. 111., 1st m. till
Tol. Peo. A W.— 1st m., E.D.

do
cons, coup., 1st 119" 180
120
do
cons, reg., 1st.,
do
cons, coup., 2d. 112" tin
112
do
eons. reg.. 2d
118)
Louisv.A Nash. —Cons.m.,7a 112X!

105!* 106)4

Consol. bonds

Winona A St.

Cleve. P'ville

new bonds.

112

NT,
.

AT. li.-lstm.
2d mortgage, pref
do
income..

107)*

Ind., s. f ., 7s.
sink, fund.,

A Tol.,

do

4102

Chic. A Northw.— Sink, f'd..
Interest bonds

do

now

I)

in.,

Lake ShoreMich S. A N.

Land

123)*
111

La C. Div
I. A M

A

809*

90
90

2d mort., 7 3-10, P. D
1st m., 7s, (gold, R. D

Chic.

MX
118

99*f 100

B., con., g'd.

Peninsula, 1st

2d,con.,f.cp.,5s,0s

Han. & St. Jos.—8s, conv..
Ill.Cent.-Dub.ASIoux Cist
Dub. A Sioux C, 2ddtv...
Cedar F. A Minn., 1st m..

1st mort., sterling

m

A

1st, con., f, cp.,7s

Det.Mon.AT., 1st, 7s,'1908

Stock Exchange Prices.
Bost. H. A Erie— 1st
1st mort., guar

1st in., I. \
1st m., II.
1st m.. C. A

N.Y.L.E.A\V.,n.2d,con.,6s

m

.

t.L. Alton

Lake8hore Dlv. bonds...

Railroad Bonds.

1st m.,
l8t in.,

Buff. N. Y. A E, 1st m., 1916

do

Mariposa L'd A Mining Co..
pref.
do
do
Ontario Silver Mining
Homestake Mining
Standard Cons. Gold Mining
Pullman Palace Car

Lehigh A W.
do

ex coup., Sept. ,'79Aprev
Long Dock bonds

Buffalo A Erie, new bds..
Buffalo A State Line, 7s.
Kal'zoo A W. Pigeon, lBt.

..

Consolidation Coal of Md..
Pennsylvania Coal

Keok.&DesM.,

Erie 1st mort.. extended.
2d mortgage, 7s, 1879
3d mortgage, 7s, 1883
4th mortgage, 7s, 1880
5th mortgage, 7s. 1888 ....
7s, cons., gold bonds, 1920.

mort

i

Albany A Susqiit'li., 1st m. 111*
2d mort.
do
do
3d mort.. 100
do
1st eon., guar 104
Rens.A Saratoga, 1st, cuiii'
do
1st, reg.
Denv.A R. Grande— lst,1900 91%

Cleve.
15
41

Canton Co., Baltimore
American Coal

Q—

....

Coup., 7s, '94
Reg. 7a, '04.

do
do

Miscellaneous St'ks.
United States Express
Wells, Fargo A Co
Quicksilver
pref
do
Atlantic A Pacific Tel
American District Tel
Gold A Stock Telegraph.

102
I

Br., 1st

Cairo A Fulton, lBt mort.
Cairo Ark. AT., lat mort.
B t.L. K.C A N.-lt. E.A R.,7s
Omaha Dlv.. 1st mort.. _
St.< lias.B'dge.lst, 7s, 1908
North Missouri, 1st m., 7s 1113

119).

.

—

. .

2d pref...

MobilcAOhto

United N.

103

extended

Arkansas

'

Manhattan

do

St.

110}

.

Louisville

do

L.A Iron Mount'n— 1st
2d mortgage

487

1st Pa. dlv., coup., 7a. 1917
do
reg., 7a, 1917

g*

—

A Nashville
Marietta A Cln., 1st pref

do
do
do

13)*

Laf
Keokuk A Des Moines.
pref.
do
do

Ind.Cin.

1900

87
do
construct'n
do
7a of 1871. 109*
do
1st con., g'd..
Del.AHud.Canal— lBtm.,'84

—

(Active previously quoted.)

Albany & Susquehanna
Boston A N. Y. Air L., pref.
Burl. Cedar Rapids A No.
Chesapeake A Ohio
1st pref.
do
do
2d pref.
do
do
Chicago A Alton, pref
Chicago St. Paul A Minn...
Dubuque A Sioux City

Harlem

A Ess'x.b'ndB,

Morris

Railroad Stocks.

Ask

30* 3?*
26*

Tennessee—6e, old

Special tax, class 1
do
class 2
do
class 3
Ohio—08,1881

St. Jo., 1886.

24
24

89

act, 1866

bonds,

Bid.

South Carolina—6s
Jan. A July
April A Oct
Funding act, 1866
Land Com., 1889, J. A J...
do
1889, A.AO...

reg., '87

1887

Securities.

Rhode Island—«8.coup.'93-9

102

North Carolina—6s, old.JAJ

85

7s,
7s,

6s,
6s,
6s,
6s,

6s, gold, coup.,
6s, loan, 1883.
6s, do
1891
6s, do
1892
6s, do
1898

87>*

1888
1887
1888
1889 or -90
Asylum or Univ., due '92
Funding, 1894-95

7s,
7s,

SECURITIES.

Missouri— Han.* St. Jo.,'87.

of 1910
consolidated
small
Michlgan-os, 1883
78,1890
Misaouri-6s, due 1882 or

Arkansas— 0s. funded
7s, I.. Rock 4 Ft. Scott iss.
7s, Memo. A I.. Rock RR
7s, L. R P. B. & N. O. RR.
.

6s,
6s,
7s,
6s,
8s,
8s,
8s,
7s,
7s,

Ask.

Bid.

Illinois— War loan
Kentucky—6s
Louisiana—6s

Alabama-5s, 1883

Orange

A Alex'a— lsts, 6s..

2ds,6s
Sds,8s
4ths,8s

106

Dan.— 1st consol., 0a
Southw. Ga.—Conv., 7a, '86.

109

8.

100)4

50
46
8
50
16
64
62
100

40

Stock
Carolina RR.— 1st m., 7s.
7s, 1902, non-enjoined
Savan'h A Char.— 1st m., 7s.
Cha'ston A Sav., 0s, end.
West Ala.— 1st mort., 8s,
2d mort.. 8s, guar
.

.

PAST-DUE COUPONS.

Tennesssee State coupons.
South Carolina consol.
Virginia coupons

lueoe are latest quotations inaue

70

Ml)*

Rich. A

net

UK)
(M

62

60
78
103
86

consol. winiior,*..

tms week.

96
97
10

100
50

b4'

60
112
112

"
109
108

10
40
20

m

n

I

.

August

1

..
,

THE CHRONICLE

23, 1879.]

NEW YORK LOCAL
Bank Stock

195

SECURITIES.

List.

m

Insurance

...

u

List.

[Quotations by K. 8. Haii.iv. Brok«r.7 Pine ureal.)

PalCE.

I'lVIDBNT B

Surplus
at latest

Mark'dlhus
are not

(•)

dates.

Amount

Kul.

Period IH77. 1878.

Bid. Ask.

Last Paid

DlVIDUTDS.

Coktajiim.

Taici.

M

Last I'ald.

J.* J.
too 8,000,000 1.F85.0
5,(K)0,000 1,214 400 M.4N.
210,000
198,100 1.4 J.
l ,000,000 1,252.100 .1.4 J.
2.1
300,000
92,800 J. 4 J.
11*1 2,000,000
346,00.1 J. 4 J.
soo.ooo
27,900
100

America 4

Am. Exchange

u

Central

Chase

Chatham

2.1

Chemical

100

Citizens'

IB

City

lcxi

Commerce

KKI
Continental... KKI
....

Corn Exch'ge". KKI
SastKlver....
11th Ward'....
KKI
Fifth
Fifth Avenue". KKI
','.->

First

10(1

Fourth
Fulton

KKI
:u,

Gallatin....

."HI

German Asi.'
German Exch."

KKI
KKI

Germanla*

M

Hanover
Imn.4 Trailers'

1

225,(KK)
,0(K),000

1

,.100,00(1

18J.100.T.4.T.
6.700 J 4 J.
427,800 J. 4 J

KKI.IKKI
i'kxi.Oiki
2,( lull. Kll
I

Manuf. 4Mer.' -'»
Marine
KKI
Market
KKI

i

500,000

.

Hill",. KKI
100,000
Nassira*
KKI 1,000,000
New Vers
100 2,000,000
N. Y.CO'mtv.. 100 200,000
g. Y. N. fcxeh. lOOl 800,000
Ninth
100 750,000
No. America".. 70 700,000
North River*. SO 240,000
Oriental"
25 300,000
PacUc"
50 422,700
Park
!
100'2,000,000
People's".
25| 412,500
Phenlx...
20 1.000,000
Produce"
SO 125,000
Kepubllc
100 1,500,000
St. Nicholas... 1001 .100,000
Seventh iVard. 100 800,000
Second
100 300,000
1

}

Of

•79.

500,000
200,000
800,000

lOOi

KKI

3
7

1,C00,000
i ,000,000
1,200.000

ON
12

SH

ibi'x

y,

Adriatic
/Ktna

Iiowery

Broalway
Brooklyn
Cltlxena'

inly, 79.

8K
5
XH

A""!. •79.
.Inly, •79.

July,
July,

'78.
'79.

July.'

79! B

97

8

Kagle

2«

70.

Huffman

Home

.Jefferson

2*

Kings Co.(Bkn)
Knickerbocker

July,

•7il

Id..

l.alayetle(Bkn>

July.

July,
July,
July,
July,

•79, 2(4
'79.
•79. 4
•79.

Lamar,.

Ju

May,

•79. 2><

July,
July,

•79.
'79.

'my,

:s?•79.

•5

UB

4

2H

»•'>«•

79.

6

July,

"79.

8

Id

July,

'711.

ft,

6

a
9

10
10

10

Hk
115

7

8

7*

9
8
8

10

8

14, 1879,

May,

•70.
Jan., •78.
July, '79.
May, •79.
uly, •79.

Manuf.4 Build.
Manhattan
Mech.4Trad'rs'
Mech'lcs'(Bkn)
.

N.Y. EqnltaWe
New York Fire

4

N. Y.

'79. 3
,
.inly, '74. 31,
An/. '79. S>,
Aug. '79. 3
July, '78. 3
July, •79. 4
'uly, '79. 4

Republic

Kldgewood

Jo

Kutgers'

Jolr,
Jolv,

Peter Cooper...
People's

Phenlx (Bklyn
Produce Exch.

6

for Ihc National banks, and

Sateguard
St. Nicholas ...
Standard

Brooklyn Gas Light Co
Citltens'GasCo (Bklvn)
do
bonds
Harlem
Jersey City 4 Hoooken
Manhattan

25

20

Hew

do
York

People's (Brooklyn)
do
do
bonds..

do

do

Central of

,

Var.
Var.

1,850.000

F.4A.

750,000
4,000.000
2.500.000
1.000,000
5.000.000

1.4,1.

4 J.
M.4S

J.

M. 4 S
Quar.
,000,000 F.4 A.
1,000,000 Var.

1,000

26

Va

scrip

2,00(1,(100

315.000 .1.4(1

50
20
30
100
V-r.
100

do
certificates
Mutual, N. Y
do
bonds
Nassau. Brooklyn

Period

1.200,000

1.C00

Metropolitan

Amount

7(K>,(KXi

.

100 4,000,000
10 1,000.000
.....

1,000

certificates.

Var.
50
80
Var.
100
100

New York

Williamsburg
do
scrip
Metropolitan. Brooklyn
Municipal.
do
bonds

110
60
95
35
140

July,
1898
Feb.,
Jan.,
June,
Feb.,
Feb..

A

135
110
101

BO

|il.,

1882
July,

100

60
89

56
100
46
145
146
115
104
60
104
CO

8.1

00

J.

Jan..

18

22

1997
Ian ,
Feb.,
Jan.,

IK)

98>,

71)

1,500,000

750 000 M.

4K

tt

May,

70
85
40

Feb..
1888

110
104

116
108

.1.1

1st

mortgage

Broadway

<i

Seventh

Ave— stk..

100

900,000 J.
894,000 J.

1,000

100 2,100,000

4 J.
4 J.

Q-J.
J.4D.

1st mortgage
1,000 1,500,000
Brooklyn City— slock
10 2,000,000 Q-F.
1st mortgage
1,000
800,000 M.4N.
Broadway (Brooklyn)—stock..
100
200,000 Q-J.
Brooklyn .t Hunter's Ft— stock.
100
400,000 A. 4 0.
1st mortgage bond*
1,000
300.000 J.4J.
Bushwick Ac. (irklijn)— Block..
100
500.000

central Pk., y.it B. River— *lt.
100
Consolidated mortgage bonus. 1,000
Dry Dock, f. B. it Battery— stk.
100
1st mortgage, cons'd
5004 c
Eighth Avenue— stock
100
1st

mortgage

id St.
1st

,t

Grand

terry-ttoci

mortgage
...

mortgage

Second Avenue— stock.
3d mortgage
Cons. Convertible
Extension
TuahAven.it- stock

100

•

150.000
1

,050,000

Q.-F.
A.4 0.
M.4N.

200,000 A. 4 ll.
750.000 M.4N.
1,000
415,000 I. 4.1.
100 2,000,000 Q-F.

mortgage

— stock....,

lstmortgage

Imntu-itiirn .street—slocjc...
1st morta-nee

100
600
100 1,199,500
1,000
1.000

J.4D
1.4.1.
J. 4 J.

208,000
748,000 M.4N.
236,000 A.40.
POO.OOO
200,000 M!4N.
880,000
500.000 J. 4 J.

1,000

lstmortgage

1st

l.ooo.ooo

100
1,000

Bouiton, West st.itPav.fy—ttt

third Arena*

900,000

1,000
St

Central Cross 'loum- stock.
1st

1,800.000 J.'H'i'.
1.200,000 J.4D.
1,200.000 Q-F.

,

12
85
July. 79 61
luy, •84101
Aug. 79 130
Nov., •» 102

110

July, "79 188
Arr. '79 or.
1888
100

160
100
109

—

80

'93
July, '79
Ian., '84
May, '78
Apr., '98

101
100
100
140
106

Nov'.iooi

July,
Apr.,

Apr
May,

1)4
'78

."it
'8t-

Sept. 'oM

100

May, T7
July, '«

l.OOft

2,000.000

800,000
sin.onn

I
I

*J.

*

J.

102
140

Aug., 70
July, V(i

*og. 79

LQuotatlons by

731
140"

HO

|K()

170

165

70
115

"fB
I

KM

So-

il. ".

10»
102

ISO
I2ft

6

50

86
SO

'79.

6
79. 4

115
KKI

li'd

79.10
79. 6

210
108
ICO
110

'79.10

79. 8
79. 8
77. 8S
'79. 6

vo
IK

'79. Sii

70>

i

8

95

7910
79 *

150
KKI

'79.

120

no-

1(1

70

3H in

St*]

l'.".V

112

117

70

80-

llll

120
1H.',

97
90

Fort.-

.V<ui

1841-es.
Water stock
Crolon waterstock.. 1815-51.
do
..1852-40.
do
Croton Aqued'ct stock. 1865.
pipes and mains...
do
reservoir bonds
lo
Central Paik bonds. .1953-57.
..1858-4.1.
do
no
Dock bonds
1870.

Improvement stock
do
co

»M

00
76
75* 80
80
98
10S 116
122
30
98 101
100
1fA

var.
var.
var.

do

do

New

8
7
6
8

7
7
6

7
7

liuur'ein'i-

Jaiuary

Clty bonds

do
bonds

Kings Co. bonds

do
do
Park bonds
Bridge

Brooklyn bonds

New

lit

us
109

Iflj

128-

109

110
108-

110
115
106

IPS
115
119

at.]

1879-1880 101
1881-1895 102
I915-1924 121
1900-1924 123
1904-1912 121
1830-19064112
^108
1881-1896
1
1880-1883 Ilu3
1880-lMBSll
1880-18891101
1994 .118

July,

11*

1907-1910118

I

OS

111.
12S-

12T
127

INK
11*
10H

107

us

H"s

flaj.

[Quotations by C. Zabbiseib,
Jtr.
ertey

4

lo
Jo
do
do
do
do
May 4 November.
do
4o
January a J uly.
do
do

City bonds

101
Oft
107

do
do
do

do
do
do
do
So
do

....

Water loan bonds

'All

doe.

May Aag.4 Not.

[Quotations by N. T. Bebbs, Jr., Broker, 1

(My—

Walel loan long
184V-71.
do
1866-48.
Sewerage bonds
assessment bonds. ..1870-71.
Improvement bonda...
Bergen booda
1

.

Peioe.

do
do
do

Consolidated
Westchester County

Water loan.

80
SO
95

1865-48.
1899
....18t».

Consolidated bonds
Street imp. stock

Bridge bonds

20
80

Wall Street.]

100
1880
104
1890
1883-1890 104
1884-1911 100
1884-1900 110
May 4 November.
Feb., May, Aug.4 Nov. 1907-1911 1(9
1HHH
108
do
do
108
180S
do
do
123
1901
May 4 November.
107
1898
1894-1897 118
May 4 November.
1HHV
107
do
do
1879-1890 109
do
do
1901
118
do
do
1S8H
102+,
do
do
1879-1888 109
do
do
113
1890
January * Joly.
118
1894
do
do
Feb.,

8
8
8

U75.

150
116
101

SB

Bonds

ii'o

10

M

Months Payable.

Kate.

P-trk

99

Ctty Securities.
Da niil A. Mobah, Broker,
Intebest.

106

luu coiu.uu hows last dividend on stocks, but the date o( Maturity of bo
.

90

t Indus va
all liabilities. Including re-Insurance, capital and rcrlp.
Figures with a minus sign (— ) Indicate extent of lmpal ment.

hrvoklyn— Local

40

:oo4c

1,000
100

90
90
66

July. 79 41
Dec. 1902 94
"79

106

130

Over

Msrket stock

-79
H July,
J'ly.1900

Aug.
Ju .•,

'

scrip.

do

[Quotations by H. h. Grant, Broker, 145 Broadway.]
Bleecker St.A Fultonterry—sti.

;is

80
120

104

July, 79. 8
Ju.y, 79. 8
July. '79. 8
Aug 79. 8
July. '79.10

.

I

80
05
89
96
60

Jan.,

18a

120

M.4N.
J. 4J.

4

70

125

181

Au<. 79.

.

May,
May,

300,000
486,000 F.4 A.
1,000,000 Quar.
1.000,000 I. 4 J.
1,000,000 M.4N.

'

May.

Bid.

M.4N.
M.4N.
/.

3IKI.IKKI

Date.

•B

no

00

July, 79. 6

.

Par.

87

110

y, '79.

.My.

Stuyvesant
Tradesmen's.
United States..
Westchester...
wiliiamsb'g C

[Gas Quotations by George H. Prentiss, Broker, 24 Broad Street.]

121

B

Aug. 79 8

Star
Sterling

Can and City Railroad Stocks and Bonds.
Gas Companies.

l

Heller

4

'7.7

!•»

50
120

79. 6

July.
Apf.,
July,
July.
July,
July,
July,
Jan.,
Joly.
July.

Park

an

•XI

113
ltd

!»(>

79. 6
79 «

,

Jan!', 79.

City

Pacific

8

280

1KI

3*

'7w.

Aug

Niagara
North PJver....

3H

1(17

'79. 71,
"79. 8),

Boston

New York

July, 79. 8

7
7
3

Jan

Merchants'
Monuuk (Bkn)
Nassau (Bklyn)
National

Jan

170

y, 79. 5
July. 79. 6
luly, 79. 5
Jan., 79. 6
July. 79. 8
July. 79. 6
July. 79.10
July, 79.10
July, '79. t
July, '79. 5
July. '79. 5
Juy. 79.10
July. 79. 5
July, '79. 8

,;

Mercantile..

80

120"
140"

16",

'79 8
luly, '79.10

l.orillard

HO

7

M'ci

LongIsl.(Bkn.)

?«
2*

•77. 8
'79. 8»,
•79. 4

July,

Lenox

180

6

"!i.

too

2

4

HO
10O
110
KKI

Jny. 79. 5

8

8*

6

186>

•79.
•79.
•79.

Aug

12

T

Irving

123.
10l>.

July. 79.18
80
July. '79. 6
116
July. 79. S
Jan., 79. 8* SO
80
Jan., 79. 8

May,

Juiy,
July,
July

n

Hope
Howard

m

B

'77.
'79.

July 79. 6

79. 4

May,

1%

79.

KKI
115

7m 3*

July, 79. 8
July. 79. 7
Jn y. 79. 5

Hanover

21

SB
l."K

95

Aug. 79. 6

1 "ly,

July,

1

I70

Jn y.
Joy.

Importera'4

12".

tlO

'79.10

•Inly.

Germanla.
Globe
Greenwich
Guardian
Hamilton

205

19ft

|9U0

.

July,
luly
July,
July,

Krankltn4Emp
German-Amer.

8K 103M

190

110
'110

July. 79. 6

Farragut
Firemen's
firemen's Fund
Firemen's Tr

3W

•79.
Apt., •70. 3>J
Aur. •79.
May, •79. 6
May, •77.
May, •79. 3
.Jan., •77. 3

1

178
170
1»0

47
Juiy. 77. 6
1"1
Jan.. '79.10
July. 79.8 Ml 1«0

Apl

Empire City....
Kicnange

8

May,

Bb
lib

I

...

Continental....

3

July, '79

y. '79.10
A li 79. 6
July. "it. S

Columbia
Commercial

lH.';

US'

Ju

City
Clinton

4

79.

10>

M

Atlantic

1627

H

Joly, *7». 8.
1
•J" * 22- Sf
79.
July.
lu y, 7V. 6
n'O' Jan.. 77. *
July. 7h. 6
Jone. 7u.l0
A'g. |79. 8
Jn y 79.10

American
American Exch
Amity,

3W

a

104.7C0 .1.4 J.

The figures In this column are of date June
same date for the State tanks.

ill

•79. 7
'79. 4
'78. 8
Ju y, '79. 4
Aug. •79.
Juiy. '79. Hj2
July, •79. 3
July, •79. 3)4

8

M.4N.

08'J.OOO

200,000

Ju

i:ki'4

8
5
8
3

July, •79. 3
Juiy, 79.15
July, •IB. 8
May, 79. B

July,
Kiiy,
July,
Jan.,

11

4

Murray

.

July,

.1

i

.

West side'

I uly,

4A

8,seo
4J
101.000 J. 4 J.
288 800 1.4 J.
•
070 COO
68.70U M.4N.
78.000 M.4N
179,501 M.4N
708,000 J.
J
144.400 J. 4 J
57.900 1.4 J.
842.000 1.4 J.
80,700
47.600 M.4N
700.500 1.4 J.
72,t00 1.4 J.
75,600 F.4 A.
71.0(10 J. 4 J.
54.000 •J.4J.
82.2(0 J.4J.
109,900 1.4 .1.
211.500 Q-F.
309.600 1.4 J.
188,800 1.4 J.
1J3.100 J. 4 J.
58.700
ai7,200 f.'i'I
125 800 F.4A.
53,100 .1.4 J.
81,900 1.4 J.
238,300 J. 4 J.
41200 J. 4 J.
196,100
.4.N.
104,000 J. 4.1.
260 400 J. 4 J.

400,0(10

Bhoe 4 Leather 100

F.

1,C 50.000

100,000

Mechanics'
2.1 2,000,000
Mech. Assoc'n. Ml 500,000
Mech'lcs 4 Tr. 88 300,000
Mercantile
KKI 1. (KKI.IKKI
Merchants'. ..
BO 2,000,000
Merchants' Ex. BO 1,000'
Metropolis".
800
loo
Metropolitan .. 100 8,000/100

Third
Tradesmen's.
Union

H
S

"79.
•79.

1.

18.400 1.4 J.
217.3 (i J.4J.
1,889,900 .1.4 J.

f,!KI,IKK>

.

J"iy,

.

KKI

3«

•79.
'79.

1(1

I

llKI

illy,

loly, '79.

'

:i(i

;-,0
Irving
Island City" ... .'II
Leather Manuf. KKI
Manhattan"..
DO

i

May,

II
450,000
166,(100 J. 4. 1.
6
300.000 3,221000 Hl-m'ly 100
KKI
600,000
107.000 J. 4 J.
««
1,000,000 1,4(1.01,0 M.4N. 10
10
:..ikk,.(kki 2.633.900 1.4 J.
e
8
1,000,000
180,700 1.4 J.
K-.JH.0iK
1,000,000
F.4 A. To
in
230,000
«() BOO 1.4 J.
ex
100,000
11,400 1 4 J
150,000
43,700 J. 4 J. in
loo.ooo
1S0.1H
j'.'
500,000 1.570.000 ij—
is
8,200,000
9(17,000 1.4 J.
on
(KKI.IKKl
398.400 M.4N. 10
1,000,000
B71.2U0 A. 4
7
750,000
52 400 F.4 A. "«
200,(XXI
40,900 May.
200,000
4",!00 May.
a
200,000
14,300 M.4N.
7
1

711

Greenwich"....
Grocers"

Sixth
State of N. T.

8

&

I'KI
1(10

Sowery
Broadway
ButcheiV&Dr.

I
'

St.,

4 Joly.
at

Jan., May. Inly
J. 4.1, and J

do

4

4

Jersey City.)

1896
I
1102
IHTS-li-79
Not, 187H-1»79
189 -4'4
I).

Juiy.

do

7

7

Montgomery

January
January

7
7
7

47

January and JnlT

I

'1-199

I
1

i.-nn

I

91

97
1)1
97
97

97

Q-

.

I

91

1

THE CHRONICLE.

196

i

AND

AND CORPORATION FINANCES.

Kansas

Investors' Supplement is published on the last Saturday
of each month, and furnished to all regular subscribers of the
No single copies of the Supplement are sold at the
Chronicle.
-office, as only a sufficient number is printed to supply regular
subscribers. One number of the Supplement, however, is bound
np with Thb Financial Review (Annual), and can be purchased
that shape.

The

Bridge

& Tunnel

gives the operations of the Bridge and
Tunnel during the fiscal year ending April 30, 1879, as below.
During nearly eleven months of this period (to March 17, 1879),
he property was administered by the receivers, and since by the

—

1 Louis
Bridge C< mpany but the report, statements and
exhibits are prepared and rendered irrespective of these periods
and treat the year and its results as a whole.

earnings.

$42,838
112,839— $155,677
$442,046
203,862— 645,909

Vehicles and animals

Lower Roadway—Freight

trains
Passenger trains

:

;

;

Earnings.
From passengers

Expenditure*.

$782,806

For maintenance of way. $709.0 19
For rolling stock
767,0 11
For transportation
524,459
Miscellaneous

150,208

$3,610,224

Railroad.

(For the year ending April 30, 1879.)

Upper Roadway—Passengers

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.
freight
2,594,189
mail and express.. 202.954
Miscellaneous
30,274

The annual report

S

From

Pacific.

(For the year ending December 3!, 1878.)
returns made by the company for the year 1878, we

From
From

ANNUAL REPORTS.
St. Louis

XXIX.

"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 perfection, require continued labor and attention."

%\wtstmmt$
STATE. CITY

[Vol.

Rents

2,915

Total gross earnings

$804,502

EXPENSES.

Upper Roadway
Lower Roadway and Tunnel

$44,411
409,802
80,500

Undivided expenses

$534,804

$2,150,759
Balance net earnings, $1,459,464 ; less taxes, $260,802 ; leaves
net revenue, $1,198,668.
Payments from net earnings construction and equipment, $246,927 ; other, $32,520 $279,447.
Surplus, $919,215.
STATEMENT OF OPERATIONS., ETC., 1875-78.
1875.
1876.
1877.
1878.
Passengers
123,203
124,740
l!)s, 173
143,117
Passenger miles..
19,292,049 18,232,525
18,936,167 22,173,135
Freight (tons)....
251,064
289.992
337,520
667.736
Freight miles....
72,119,554 71,540,034
85,393,211 140,013,144
Earnings from—
$
$
$
$
Passengers
933,48104 766,449 53 690,062 10
782,806
Freight
2,157,168 34 1,968,218 42 2,329,430 17
2,594,189
Other sources
273,11108 266,132 71
265,24179
233,229

—

—

Total earnings.. 3,363,760 46 3,000,800 66 3,284,734 06
Operating exp. &.
taxes
1.790,879 95 1,782,818 53 1.916,956 74

2,411,562

Net revenue

1,198,662

.

1,572,880 51 1,217,982 13 1,367.777 32

3,610,224

Earnings per road
mile
Operat'g expenses

5.00113
2,662 68

4,46149
2,650 64

4,883 60
2,850 07

5,367 56
3,585 14

Net earnings

2,338 51

1.810 85

2,033 53

1,782 42

59-41 p. c.
5836 p. c. 6677 p. «.
The net earnings were $269,697, of which $233,375 was for Prop'n of expenses 53-25 p. c.
Bridge account and $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 m the gross receipts over last year Road and equipment.. $34,359,540 Capital stock
$9,689,950
:

arose from the following sources:

Upper Roadway, increase
Lower Roadway, passenger increase

Do

$25,142
13,249
76,536

freight increase

$114,928
Loss decrease in rents.

1,030

Gross increase

Net.
earnings.

Gross.

Year end'g April 30— earnings.
1875
$287,527
1876
448,446
1877
655,054
1878
690,604
1879
804,502

None.*

$164,335
219,777
219,598
209,697

Loaded

Railway

freight cars, passeng'rs.

16,3e4
45,027
79,782
81,227
105,129

None.t

496,886
604,483
667,294
719,178

PERCENTAGE OP EXPENSE.
to earnings was—

The percentage of expense

63-36 per cent
66-45 per cent

divided

I

|

In 1878
In 1879

among the expense

68-22 per cent
66-47 per cent

items of the past year as

follows:

Expenses of Upper Roadway
Expenses of Lower Roadway
Undivided expenses, including taxes,
pool

deficit,

&c

5-52 per cent.
"
6-00
interest, insurance,

"
"

9-95

Hauling freight and passeng'r trains and terminal exp'ses.4500

66-47 per cent.

Regarding percentage of expense to 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 in his report:
" The receipts from Upper Roadway traffic were $25,142 in
excess 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
railway traffic was made upon the same basis that prevailed
heretofore, with the following results:
otal gross earnings

$107,651

xpenses

71,3'.:9

Net

$36,322

" The above expenses were incurred for the following items:

Gen M-al operating and maintenance
Pool

'leficiency

3,260,671
392,399
712,912

Cash
Balance

Funded debt

22,130,100
6,303,000
858,348
3,889,135

Subsidy
payable
Other liabilities

U.

S.

Bills

$42,870,534

Total

Total

.

$42,870,534

""

; . . .

Miscell meous expenses
"
I,
Proportion of transit expenses for hauling passeng'Vand freight!
'.

GENERAL INVESTMENT NEWS.
Atlantic
"
15, said
:

* Payments on coupons, floating debt and constrnction, were, with
Operating expenses, in excess of receipts during that year.
t Railway passenger trains commenced to run over the Bridge June 13,
1875.

is

337,490

i

-Traffic-

and

3,660,342
147,178

$ 13,898

The following comparative table will show the gradual
progression in the business of the bridge and tunnel since its
opening:

In 1876
In 1877

Sticks and bonds
Materials and fuel
Bills receivable
Current accounts

$6,447
2,247

& Great Western.— A report from London, August
Atlantic & Great Western Reconstruction Trus-

The

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

tees

co-operating relative to this issue."

—

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 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 comconjunction with the Dominion commission
missioner to act
to have charge of the lands hypothecated for the construction
of the railway. The Canadian representatives now here have
impressed upon the Government the importance of having an
imperial commissioner co-operate with the Dominion commission. The amount of money required to complete the line
along the shore of Lake Superior to Thunder Bay, and thence
Without an imto Red River, is estimated at $18,000,000.
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 may 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 Commissioner, whether the Government approve or continue to
refuse a guarantee."
Canada Pacific Railway.

to the

:

m

—

Central of Long Island. The Central Railroad of Long
Island was sold at auction under foreclosure of the first mortgage of $1,000,000, made to Charles A. Hoyt and Albert Baker,
as Trustees. The only bidders were E. B. Hindsdale and E. P.
Fabbri. Mr. Hinsdale bid $47,500 and Mr. Fabbri $50,000. The
purchaser is a member of the firm of Drexel, Morgan & Co., who
now hold the majority of the bonds. All the rolling-stock and
equipments and machine and repair shops are included in the
According to the terms, the bonds and coupons of the
sale.
road are to be received in part payment. The road extends
from Flushing to the line of A. T. Stewart's estate at Garden
City.

—

A new issue of the first
Chicago Milwaukee & St. PanI
mortgage bonds of the Iowa & Dakota Division has been ad$71,329 mitted to the Stock Exchange list. The new first mortgage
2^31

60^323

—
August

THE CHRONICLE!

23, 1879.]

bonds of the Iowa & Dakota Division of the Chicago Milwaukee & St. Paul Railway Company are to be issued from time to
time npon 200 miles of the extension, which is to be completed
this year, to the amount of $3,000,000, and will be numbered
from 1,501 to 4,500. The amount already placed on the list is
$1,500,000, making the total $4,500,000. The interest on these
bonds is at the rate of 7 per cent per annum, payable January
J and July 1,
Chicago & Northwestern.—The directors of the Chicago**
Northwestern Co.were in session on the 22d,deliberating in regard
to the proposed lease of the Burlington Cedar Rapids and
Northern road. The officers of the company decline to make

any statements

in regard to the probable action of the meeting.
Cincinnati Hamilton & Dayton.— R. M. Shoemaker, the
president, is advised by cable that the parties in England owning or representing bonds of the Cincinnati Hamilton & Indianapolis Railroad Company to the amount of $150,000 have
assented to the settlement of the interest question by arbitration, .-is ratified by the stockholders of the Cincinnati Hamilton
& Dayton Railroad Company at their annual meeting.

Cincinnati Sandusky & Cleveland.— The bondholders' committee announces that holders of over $1,000,000 of the $1,100,000 second mortgage bonds have joined in the agreement and
Holders are urged to fund
funded their coupons as required.
as soon as possible, in order that the receivership may be terminated and the road restored to the company.
Denyer Paciflc— The Denver TrAun* of August 14 says:
" Auditor Robinson received telegraphic information yesterday
from Judge Usher, solicitor for Jay Gould, that a majority of
the first mortgage bonds of the Denver Paciflc Railway & Telegraph 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
purchased a majority of the bonds outstanding, which would be
in face value $1,114,000. These bonds were quoted in New
York last week at 70 cents.
"There were originally $2,500,000 of the first mortgage bonds,
but from the proceeds of land sales, which, under the mortgage, are devoted to the purchase and cancellation of these
Bonds, the obligation has been reduced $271,000. The result of
this purchase is obvious. The suit pending will be dismissed in
October or withdrawn possibly before that time. The mortgage
will then be foreclosed and the road bought in by the majority
of the bondholders, which will be Jay Gould. This last may
not be done, however, so long as the road is in a condition to
pay its interest and earn a good dividend. And this, it would
seem, is easily accomplished. The Denver Paciflc is a very
cheap road to operate; 50 per cent of gross earnings would
probably pay the entire cost of operation and natural improvements. By according to the road liberal arrangements with
the Union Paciflc and Kansas Paciflc roads, its passenger earnings would be enhanced materially, and it would enjoy a big
cattle, coal and ore carrying business."
Iron and Rail Market. The Iron Agt reports the iron and

—

H97

due coupons. 2. That the New Jersey Central and the ooal
company, who own $6,116,000 of the whole issue, agree to make
the $5,384,200 that are in private hands preferred as to interest,
so that they shall be paid first, and the coupon* of the bonds in
the possession of the railroad company shall be canceled on
maturity in case of failure to earn the interest upon them.
3. That the railroad company and the coal company shall do
everything possible to prevent a foreclosure or default upon
the claims prior to this mortgage. In brief, the holder* of
these bonds surrender the guarantee of the New Jersey Central,
and in return have their bonds made preferred before a majority of the whole issue, both as to principal and interest, the
coupons on the common bonds not to be paid unless the interest
It certainly is an exchange very much to the advanis earned.
tage of the bondholders."

Long Island Railroad.—This company, on April a, 1877,
executed and delivered to Herman Funke, of Flushing, and
Paul Lichenstein, of Brooklyn, as trustees, a deed of trust or
mortgage amounting to $221,900. This was done for the purpose of issuing certificates upon which to raise money for the
completion of the Long Island Railroad. Immediately after the
mortgage was transferred, certificates were issued by the company covering the above amount. On April 2 of this year fourteen of these certificates, amounting to $14,000, and held by
Robert H. Powell and John C. Bradley, both of Philadelphia,
reached maturity and were presented for payment. The payment of them was refused. On May 2 they were again presented and their payment demanded. But they were again
refused, on the grounds that neither the company nor its
receiver had sufficient funds with which to pay them. A few
days ago Messrs. Powell and Bradley entered a complaint
against the above-mentioned trustees in the United Stites Circuit Court for the Eastern District of New York.
In the formal complaint * * * it is complained that the
action in which the receiver was appointed has never been
brought to trial, and it is stated that the company this year has
executed a mortgage upon 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
against the company. Nev> York Tribune.

A

Massachusetts Central.— special meeting of the stockholders ef the Massachusetts Central Railroad Company was held
recently, at which it was voted without opposition to accept the
act passed at the last session of the General Court, authorizing
the extension of the road from Stony Brook to a junction with
Lowell Railroad, in Cambridge, and from Amherst
the Boston
vote was
to a junction with the Troy & Greenfield Railroad.
also unanimously passed, authorizing the directors to make a
mortgage covering these extensions, for the further security of
the $2,700,000 of the bonds of the company. A meeting of the
directors was held after the adjournment of the stockholders'

&

A

meeting, and the following was adopted:
Voted, That in the opinion of this board it is desirable for
the Massachusetts Central Railroad Company to make permanent arrangements for its business to and from the West, by
contracts with the Boston Hoosac Tunnel & Western Railway
Company or the Troy & Boston Railroad Company and their
respective connections from the Hoosac Tunnel Westward.

market as follows:
Americas Pig. There is no change in the condition of the
Iron market since our report of last week the same eagerness
to purchase prevails, and the difficulty in placing orders for
early deliveries seems to be on the increase. Sales are reported
of 800 tons No. 1 part North River Iron at $22; between 1,200
New York Lake Erie & Western.— At a meeting of the
and 1,400 tons No. 1 X at $21 @ $22, and 500 tons Allentown on
governing committee of the Stock Exchange, on Thursday, there
private terms, besides several lots of 100 to 200 tons at very full
were
regular list the common and preferred
prices.
Gray Forge iron is in request, but hard to find., and stock added to theYork Lake Erie & Western Railroad Comof the New
quotations in the. present condition of the market are merely
pany.
nominal. We quote foundry No. 1, $20 @ $21; foundry No. 2,
The application of the New York Lake Erie & Western Rail$18 50@$19 50; Grays Forge, $18@$18 50.
road Company shows that the total amount of stock is $86,Scotch Piu. The demand continues active, and sales are
536,900, of which the common stock is (in 780,000 shares of
reported of 700 tons, to' arrive, at prices which have not trans$100 each) $78,000,000, and the preferred stock is (in 85,369
pired, and 500 tons Carnbrpe at $21 50. We quote, nominally,
shares of $100 each) $8,536,900. This stock is to be exchanged
Eglinton, $21@$21 50; Coltness, $23 50; Glengarnock, $22; and
for stock of the Erie Railway Company, the holders of assented
Gartsherrie, $22 50. A sale, is also reported of 10,000 tons
certificates of Erie Railway shares to receive the same numEnglish- Bessemer Pig on private terms.
ber of shares of the new stock, one-half in voting stock and the
Rails.—The market for both steel and iron rails presents no
half in non-yoting stock. The proposed method of issunew feature. The demand is still far in excess of the supply, other
ing non-voting shares is to give to each holder of Erie Railway
and the orders being placed now are, with 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 delivtrustees, stating the number of non-voting shares to which he
ery in Chicago next spring, at $50, is reported. In iron rails
is entitled, whieh certificate is immediately exchangeable at the
no transactions in the domestic article have been reported durHereafter, a "good detransfer office for such shares.
ing the week. We hear, however-, that since our last writing
livery " for 100 shares of Erie Railway, or for New York Lake
orders for between 10,000 and 12,000 tons new English iron rails
consist of fifty shares of voting and
have been placed but the terms are withheld. We quote steel, Erie & Western stock, shall
fifty shares of non-voting stock, and after Oct. 1, 1879, only
at tidewater, $45 50@$46, and iron, at mill, $39@$40.
stock shall be a " good deOld Rails. We cannot hear of a single transaction worth New York Lake Erie & Western
livery."
reporting, and quote nominally $25@$25 50 here.
Owensboro & Nashville.— At a recent meeting of the stockLehigh & Wilkesbarre Coal Company.—The Philadelphia
holders, it was voted to authorize the issue of $1,750,000 bonds
North American says:
empower the directors to con" One of the New York papers (the Daily Indicator) says that to complete the road. Also to
Nashville Chattanooga & St. Louis Company to
a rise in the Lehigh & Wilkesbarre assented securities has been tract with the
build the unfinished portion of the line and to sell the bonds to
manipulated by certain professional operators in Wall street, and
the bonds which formerly were a drug at 27 are now active at 80. be issued.
The road (in which the NashviUe Chattanooga a St. Louis
It is said that these bonds are now no longer guaranteed
that
interest) is completed from Owensthey are behind some $4,000,000 of prior liens, and that they lately bought a controlling
Junction, on the Paducah & Elizabethdraw no interest until December next. This is a very depress- boro, Ky., to Owensboro
graded to Adairsville, 44 miles further.
ing statement, and gives no accurate idea of the real position town, 35 miles, and is
of these bonds. The total issue is $11,500,000, and in the conThe following report of improveRailroad.—
Pennsylvania
solidation scheme it is true that the guarantee has been sur- ments about to be made in various directions by this company
rendered. But what is the guarantee of a bankrupt worth ? first appeared, we believe, in the New York Tribune. The
The real advantages secured to the holders of the bonds are general course here indicated would seem to show that the
1. That the New Jersey Central issues to the Lehigh & Wilkes- officers of this company still intend to pursue the policy of
barre Coal Company its income bonds for the three years' over- extending their capital account very heavily, even while the
rail

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THE CHRONICLE.

198

[Vol. XXIX.

company's dividends are only 4 per cent per annum. The sub- County, opposite Brownville in Nebraska, making the whole
ject is a matter of Home interest not as to the Pennsylvania length about 240 miles, or about thirty-four miles longer than
Railroad alone, but also on the more general question of the the Hannibal & St. Joseph main line, which is 206 miles. The
financial management of prominent railroads. The Pennsylvania road is now completed within a few miles of Milan, in Sullivan
Railroad has been pre-eminent as an example of those compa- County, a stretch of about 100 miles, and it is in operation that
nies which so greatly extended their capital account by issuing distance. The road is intermediate between the St. Joseph &
bonds, or their annual obligations for the payment of interest. Hannibal Railroad and the Chicago system of roads, to wit
or dividends to leased roads, that they were obliged to suspend the Chicago & Burlington and the Chicago Burlington & SouthThe new line crosses the Burlington &
dividends on their own stock. It is now a fair question for western railroads.
stockholders to ask in the case of each particular expenditure Southwestern at Milan, and the Chicago & Rock Island' at
or obligation assumed, whether it is likely to bring a correspond- Trenton, in Grundy County. At Albany, in Gentry County, tins
ing benefit. In other words, whether each $1,000,000 expended new road will be found to run near to. and almost parallel with.
the extension of the St. Louis Kansas (Jity & Northern Road
will be pretty sure to bring in $(50,000 per year or more.
" The extensions and improvements which the Pennsylvania from Pattonsburg, now in process of building, ami nearly comKailroad Company is now making are extraordinary in their pleted to Omaha. It would seem in the nature of things that
magnitude. Besides the contemplated elevated railroad, by these two roads should form a j unction at or near Albany. The
•which the termini of the line will be brought nearly into the Q. M. & P. traverses nine counties going West, viz. Marion,
heart of the city of Philadelphia, the improvements at the old Lewis, Knox, Adair, Sullivan, Harrison, Gentry, Nodaway, and
Navy Yard.^whi'ch will give ihe river one of the best wharves in Atchison.
" The region traversed by this line is perhaps unexcelled in
the country, and the proposed connection with West Chester,
It is well watered and well
the. corporation is engaged in a number of enterprises which fertility by any part of the State.
The valley of the Nishnatotone, through which the
•will not only greatly increase the business, but will also prove a timbered.
:

direct benefit to the

cit3'.

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 Newport, at Losh'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
county, hitherto almost inaccessible. The Bellefonte & Snow
Shoe Kailroad is soon to pass into the control of this company.
This is a Philadelphia road, with a paid-in capital of $600,000,
and $99,000 first mortgage six per cent bonds. The object of
the assumption of this road by the Pennsylvania Kailroad Company is to obtain a shorter route to the East from the bituminous coal fields of the State.
" The Pennsylvania Railroad Company also intends to reach
out for coal in another direction by constructing a branch of the
Southwest Pennsylvania Railroad from Paintersville to Connellsville.
The Pennsylvania Railroad in Maryland will also be
completed within the next two months. By this road the
Pennsylvania Railroad will be brought directly to the Great
Cumberland coal fields, and will become the chief transporter
of the bituminous product.
" Another important work is the straightening of the main
line between Downington and Glenloch. For six miles there is
a, series of sharp curves, two of them being the governing
carves on the division. The intention of the company is to
build an entirely new line, perfectly straight, in place of the
curved portion. This will result in a slight saving of distance
and a saving of the wear and tear of rolling stock, estimated to
be equivalent to hauling 200 cars a day for nothing. This work

" A new feeder to the main

line

is

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 U to be
completed under the auspices of the Wabash road. Already
the directory have received propositions from persons who desire to build feeders to the lines which lead 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
are Henry Root, of Palmyra, president ; Amos Greene, of
Quincy, vice-president and general manager ; Colonel Edward
McCabe, of Palmyra, attorney, and Frank Schermerhorn,
superintendent."

United States Treasury Circnlar— Express Charges.—The
circular issued by the Treasurer of the United States regulating
the issue and redemption of United States notes and of fractional silver and minor coins, the issue of the standard silver
dollar and the redemption of fractional currency and national
bank notes, contains the following regulations relating to
express charges on moneys to be issued and redeemed:

On United States notes sent for redemption and an national bank notes
the charges at contract rates are deducted from the proceeds. On fractional silver coins and on minor coins sent to the mint at Philadelphia,

the Treasurer or any Assistant Treasurer, the charges must be prepaid
by the sender. Ou fractional currency in sums less tban $500 the
charges must be prepaid by the sender, and on returns, therefore, the
charges at contract rates are deducted. On United Statos notes
returned in any other amounts than multiples of $1,000 for national
bank notes redeemed, the charges are collected of the consignee. On
United States notes returned for United States notes, fractional silver
coins or minor coins redeemed, tho charges at contract rates aro
deducted. On fractional silver coins returned for certificates of deposit,
checks, United States notes or national bank notes, tho charges
are collected of the consignee. Ou transfers of funds from national
bank depositaries the charges must be paid by the banks. Express
has been given out in five sections.
will be paid by the United States on remittances of public
" The most important work of the year is the Harsimus Cove charges
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 tho Treasurer for
$500 or more, and on United States notes and
roads of New Jersey, the company controls a considerable water redemption in sums of
fractional silver coins returned therefor; on standard silver dollars sent
.front at Harsimus Cove, about half a mile north of its Jersey from the miut in multiples of $500 on orders from the Treasurer; on
City terminus, and just below the American stock yards. It is minor coins issued by the miut at Philadelphia iu multiples of $20, in
proposed to replace the pier at that point by a fine elevator and exchange for lawful money of tt.9 United States, sight drafts on New
or Philadelphia, post-office money orders, or in return for minor
two new piers, which will be the largest on the river. One of York
cuius redeemed, and on United Statos notes sent in multiples of $1,000
these new piers will have dock room on one side of it only, the in return for national bank notes redeemed.
space on the other side being filled by twenty-four tracks,
Virginia Funding Bonds. Messrs. John A. Hambleton Co.,
affording standing room for six miles of freight cars. The
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 rapare informed that $12,000,000 of the different classes
in length. At the head of these piers will be a bulkhead, upon idly.
which is to be an elevator with a capacity of 1,500,000 bushels. of bonds have already been sent to be exchanged. The conThe 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 simultaneously. that amount, and there can be no doubt of the success of the fund-

—

&

We

Proposals for this work will be invited soon, as the plans have
already been approved by the directors."

Pennsylvania State Loans.— Holders of the six per cent
Pennsylvania State loans of the second series to the amount of
$1,500 and under $8,000 are notified that interest will cease
thereon on the 15th of September, 1879, and that the principal
will be redeemed on presentation at the Farmers' & Mechanics'
National Bank, Philadelphia, after that date. Holders to the
amount of $8,000 and upwards are notified that interest on
their loan will cease on October 1, 1879, and the principal will be
redeemed on presentation at the same bank after that date.
Interest on the Inclined Plane State loan will also cease on the
1st of October, and the principal be redeemed thereafter on
presentation of certificates at the bank.

Pine River Valley & Stevens Point RR. Co. (Wis.)—This
road has now 16 miles in operation, and earnings reported from
January 1, 1879, to July 1, 1879, (gross), $8,001; operating expenses for same time, $3,813, making net earnings for the six
months, $4,187. The mortgage on this road is $2,500 per mile
at 7 per cent, and the stock *4,000 per mile, showing the above
earnings much in excess of bonded interest charge. The above
figures of this company are furnished by their agents, the
New York, New England & Western Investment Company,
No. 31 Pine street, New York.
Quincy Missouri & Pacific
August 19, says " There is now
:

—The

St. Louis Republican,
in progress of building another

railroad line across the State, and known as the Quincy Missouri & Pacific. The road starts from Quincy, 111., on the Mississippi, and will run to a point on the Missouri in Atchison

ing scheme. When we look upon the action of Tennessee, North
Carolina and Louisiana as compared with that of Virginia, we
must give all credit to the people of that State, and congratulate them that they have upheld the honor of their State, and
have not sought to take advantage of their sovereignty to
defraud their creditors, as other States have done.
" The funding scheme is most favorable to the holders of all
classes of Virginia securities that are not at this time producing any revenue. It is most desirable to them to convert their
bonds into the 10-40's by buying the requisite proportion of
consols, or by selling their bonds and buying the 10-40's. It is
more to their advantage to buy the consols and fund, than to
sell; but as a great many persons do not desire, or are not able,
to increase the number of bonds that they hold, they will
necessarily be compelled to sell. Of course there must be a
profit to the buyers, otherwise there would be no market for
them ; but the difference is not very great. An election for the
Legislature of Virginia takes place this fall, and already the
opponents of the funding bill are busily at work electioneering
for their candidates, with a view of repealing the funding act
passed by the last Legislature. It will be well for the holders
of Virginia bonds to recollect the effect of the repeal of the
previous funding bill, when those who neglected to fund their
bonds into consols could only fund by accepting a bond the
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 regularly by selling their coupons. It is not thought that the
opponents of the bill are strong enough to have it repealed,
but it is possible therefore delay, under the circumstances, is
certainly dangerous."
;

:

THE CHRONICLE

Atjocbt 23. 1876.1

19<>

Wages in the United States and Foreign Countries.—The any compromise between the employers and the employee* will
Hon. Mr. Evarts, Secretary of State, has prepared, from the restore to that country her manufacturing supremacy. Ah
reports of American Consuls abroad, a statement of the wages capital will not remain idle, nor permanently in unprofitable
now paid in several of the principal foreign countries and in he investments, it may be expected that English capitalist* will
United States. For present interest and as a matter of record se,k new fields for investment, such as the transfer of the cotin the volumes of the Chronicle, the following summary is given: ton manufacture to India, which may be said to have already
Belgium. A review of the reports received from Belgium shows begun. Under such circumstances nothing will remain for the
workingmen but emigration. Thus, if they drive capithat the working people of that country are happy and con- British
talists and manufacturers away, they must also go.
Already
tented, notwithstanding that their lives are continual struggles
the British workingmen see the necessity of getting rid of their
for a meagre subsistence; that they are frugal and industries,
and live within their means; and that a feeling of reciprocity surplus labor so as to reduce it within the actual demand therefor, the greater portion of them being working at present
It is thought
exists between the employer and the employed.
where they are working— on short time, to enable all to eke out
that this reciprocity of feeling is made necessary in order to
an existence. Premiums are being now offered to those workenable Belgium to compete with English, French and German
manufacturers in foreign markets, and thus secure employment ingmen who are willing to emigrate to Australia or to the
States by those very trades-unions which have divided
for their own workingmen. A few years of misunderstandings United
between capitalists and laborers, such as periodically convulse capital and labor into hostile camps, brought ruin on the manuand poverty to the workingman's home, filled the
England, would paralyze Belgium and ruin both employers and facturer,
employees. Such is the reciprocity of feeling between capital- land with strikes and resistance for years, made of the manly
English workingman an organizer of reckless leagues, and
ist and laborer that manufactories or workshops are scarcely
which now oifer to the English people forced emigration. There
ever closed, the employers, in the dullest of times, preferring to
run them even at a loss rather than throw their employees out can scarcely be a doubt that within the next five years 500,000
Knglish workingmen will emigrate indeed, should the spirit of
of work, and the latter, under such circumstances, cheerfully
complying with a reduction in hours and wages, cutting down emigration once seize the English mind, there can be no reasonable limit set to the hegira. That the greatest number of these
their already bare necessaries of life to tide over the dark hour,
emigrants will seek work and bread in the United States may
confident, that when better times return their full time and
wages will be again restored. Were it not for this reciprocal be fairly assumed. We have, therefore, more interest in those
•< pie than even their own government
they are Englishmen
feeling, which unites labor and capital, Belgium would be
years they will be American citizens." The averscarcely known as a commercial or manufacturing country. to-day in 10
The following table will show the weekly wages paid in Bel- age rates of wages paid in England are given in the following
statement, which is compiled from the various consular reports,
gium, compared with those paid in New York:
Brussels. New York. and contrasted with rates paid in New York
Brussels. New York.
l

—

;

'

'

;

1

;

$4 40 $10 ® $11
$B 00 $12 it $15 Blacksmiths
4 40
5® 8
12® 18 Bakers
6 00
Cabinet
makers..
4 80
99 13
Carpenters and
9 ® 12 Saddlers and harjoiners
5 40
makers...
80
ness
4
12®
12
10®
14
Gas fitters
5 40
4 80
10® 14
10® 16 Tinsmiths
Painters
4 20
Laborers
00
15
3
6®
Plasterers
10®
i)
5 40
12 ® 18
Plumbers
6 00
Following are the prices of the necessaries of life:

England. New York.
England. New York.
$12 ® M5 Ccopora
$8 12
$7 30
$12 »$1«
12 ® 18 Coppersmiths.. 7 4o
8 16
12 ® 15
Cutlers
'arpentors and *
8 00
10 ® 13
8 25
9 ® 12 Engravers .... 9 72
joiuora
15 ® 25
7 25
10 ® 14 Horseshoors ... 7 20
Gasfltters
12 ® 18
10 ® 16 Millwrights.... 7 50
Painters
7 25
10 ® 15
Plasterers
8 10
10 ® 15 Printers
7 75
8 9 18
12 ® 18 Saddlers
Plumbers
7 75
6 80
12 '<* 15
Slaters
7 90
10 ® 15 Sail makers
7 30
12 » 18
Blacksmiths
8 12
10 ® 14 Tinsmiths
7 30
10 ® 14
6 50
5 » H Tailors
liakera
5 ® 7 30 10 ft 18
12 ® 18 Brass finishers. 7 40
Bookbinders
7 83
10 ® 14
.Shoemakers ... 7 35
12 ® 18 Laborers, porterg, ice
Butchers
7 23
8 ® 12
5 00
9 9
Cab'etmakers
7 70
9 ® 13

Bricklayers

I

Masons

New

Brussels.

Perpound,

Bread
Beef
Veal
Mutton

4

®
®
®
®
®

York.

Per pound,
Cents.
413

Cents.

5

Brussels.

New York.

Perpound,

Per pound,

Conts.

Bricklayers....

<

.

Cents.

20 10 @ 12
® 50 25 ® 32
® 25 12 ® 15
® 40 20 ® 30
8 ® 10
® 20
paid to agricul-

Lard

®
®
®
®

.

Butter
20
16
20
24
Cheese
30
16
Coffoe
15
Sugar
Pork
8
16
The Consul at Ghent says the rates of wages
tural laborers are from 17 to 20 cents per day to men and 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

16
16
16
16

20
20
20
20

8

8
9

.

prices for food in Great Britain, according to the figures
furnished by the consuls, are fully 25 per cent higher than at
New York, and 50 per cent higher than at Chicago. For
instance, fresh meat in 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 average weekly wages of agricultural
the schedule.
Men, without board or lodging,
laborers are given as follows
$4 25; with board and lodging, $1 50 to $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

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:

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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
of their neighbors are the happiest and most contented labor
population in Europe." Agriculture is the greatest industry of
France. There are 10,000,000 land owners, and 18,000,000 persons are engaged in that pursuit. The weekly wages paid to
agricultural laborers throughout the republic are set down as
follows: Men, without board or lodging, $3 15; with board and
lodging, $1 36; women, without board or lodging, $1 10. Notwithstanding 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 agricultural earnings by secondary employments, such as weaving,
wood-cutting, sawing, wooden-shoe making, &c. The Consul
at Lyons says that from 8 to 10 per cent of the agricultural
laborers in his district are engaged in these secondary employments, 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
order to make ends meet. The married farm laborer who supports and lodges himself may earn in the Lyons district $150
per annum, divided as follows: Husband's wages, $80; wife's
wages, $30; children's wages, $40. The cost of living to such
a family per annum is calculated as follows:
Rent
$10 50 Clothing
$25 00
Bread
55 00 Groceries
10 00
Meat
10 00 Fuel
8 00
Vegetables
8 00 Taxes
2 00
Wine, beer and cider
7 00
Milk
5 25
Total
$141 00
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
attempts to resist the reduction of wages. Thus far, it seems,
fie 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 depression which exists in all the manufacturing and mining districts
of the kingdom. In reviewing this portion of the consular
" A few years more of strikes
r sports, Secretary Evarts says
and disorganization in England, and it may be doubted whether

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:

I

I

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.

The

per month.
France. In reviewing the reports from France, the Secretary
says: " The French working people have, more truly than any
other working people, illustrated that commendable phase of
political

1

Masons

j

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
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 workingmen of his district, and it is feared that his description Is
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 themselves 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 manufacturing interest of Sheffield, there would be but little destitution
among the working people but for their drinking habits. An/
one walking these streets will see at once where the earnings of the workingmen go, and in many cases the earnings of
the workingwomen also, for there is in this town a far greater
population of women employed in the heavier kinds or labor
than will be found in the cities of the United States, excepting
This fact is
it may be the great cotton manufacturing centres.
to be considered in estimating the amount of earnings that go to
the support of families, such earnings being larger than might
first appear.
Were the same properly used, there would 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 be
traced to intoxicating drink. In the Sheffield district it is estimated that each workingman loses one day of each week.
through drink. This loas 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 nuybe,
cannot continue to compete successfully in the markets of the
world with those countries whose working classes are temperate.

at

industrious

and

thrifty.

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:

THE CHRONICLE.

200

OOTTON.

glxe (ftxrmtuevcM jinxes.

Friday, P. M., A«g. 22, 1879.
Crop, as indicated by our telegram*
from the South to-night, is given below. For the week ending
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
4,27o,515 bales for the same period of 1877-8, showing an increasesince September 1, 1878, of 174,891 bales. The details of thereceipts for this week (as per telegraph) and for the corresponding
weeks of four previous years are as follows:

The Movrmejtt of the

"com^R^i^^ETmoliiET
Friday Night, Aug.

22, 1879.

Tiade continues to shew 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 pursuits 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
occurred. The yellow fever does not spread from Memphis,

Receipts this w'k at

1879.

now probable that it will be confined to that city. The
and
stringency in the money market has been relieved, rates being Mobile
Charleston
somewhat easier than last week. A large amount of gold has
arrived from France, and exchange on European capitals is Savannah
it is

depressed.
The provision market has been alternately

weak and firm,
but the latter feeling more generally noticed, in sympathy with
efforts of speculators and the advices from the western markets. To-day, quite a strong feeling was manifested at the
opening, but subsequently a slight reaction took place. Mess
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@
$8 90, bid and asked. Lard sold on the spot at 6@6'02}£c. for
prime "Western, closing at the inside price ; September options
were sold at 6 05@6c, closing at the latter price October at
6-10 to6-02^c, closing at 6-05c; December at 5'82^c; refined
lard was quiet at 6%c. Bacon has latterly been less active and
not as firm as in the fore part of the week; long clear western
sold to-day at 5c. Beef hams are dull and easy at $17 50@$18.
Butter and cheese have been quiet and more or less irregular
and weak. Tallow steady at 5%@5%c.
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 /6c; stock here in first hands on the 20th inst.,
99,788 bales mild grades have been steady. Rice has sold at
Molasses is still very quiet and more or less
full firm figures.
nominal in price, except New Orleans, 1,200 bbls. of which sold
Refined
at 32@38c; Cuba 50-test refining quoted at 24c.
sugars have ruled about steady, with a fair business standard
crushed quoted at 8%c Raw grades have also been in request, and holders manifest more steadiness
fair to good
refining Cuba, 6%c.@6%c.
;

-

;

;

;

Norfolk
City Point,

Total this

760

1,367

li-'ii

325

97

1,181
2,035

200
402

Ac

week

4,843

...

Total since Sept.

1.

1875.

1876.

499
276
412
89

212
268
29
272

Florida

1877.

1878.

330
60
86

2,888
601

still

;

XXIX.

[Vol.

224

191
50
893

164

1,056

2,411

1,473

16
354
5

109

97
2
593
88
38

5,699

2,644

7,151

111
81

76
468

3

27
206
321

3
98

73
151

1,695

3,610-

4,448,406 4,273,515 3,965,305 4,107,135 3,482,829

The exports for the week ending this evening reach a total of
10,752 bales, of which 10,558 were to Great Britain, 194 to
France, and none to rest of the Continent, while the stocks as
made up this evening are now 85,272 bales. Below are the
stocks and exports for the week, and also for the corresponding
week of last season:
EXPORTED TO

Week
ending
Aug. 22

Great
Britain.

France.

Continent.

Total

8arae

this

Week

Week.

1878.

373

N. Orl'ns
Mobile..
Cliarrt'n

Savan'h.
Galv't'n-

N. York.
NorfolkOther*

9,825

194

733

10,019
733

2,772

1879.

1878.

4,086

1,1 OS

29'.

685-

148\
348
1,0391,437
5,667
2,701
62,357 34,272
225
1,285
10,000
9,000

;

Tot. this

194
3,238 85,272 49,378
week
10,558
10,752
Boxes.
Bags. Melado.
29,144
672,956
4,513
Tot.slnce
1, 1879
32,3510
1,131
1,007
Sept. 1.2079,452 414,271 919.338 3413,061 3329,972
Sales since
1,826
21,130
838
Stock Aug. 20, 1879
28,449
684,216
4,682
* The exports this week under the head of "other ports," include, from
Stock Aug. 21, 1878
14,295
182,096
2,662
Boston. 733 bales to Liverpool.
The market has remained quiet for Kentucky tobacco, but
From the foregoing statement it will be seen that, compared
all efforts at a reduction in prices have been fruitless.
The with the corresponding week of last season, there is an increase
sales of the week are 500 hhds., of which 350 are for export,
In the exports this week of 7,514 bales, while the stocks to-night
and 150 for home consumption. Lugs are quoted at 3^2@6c, are 35,894 bales more than they were at this time a year ago.
and leaf 6@13c. Seed leaf also remains quiet, but with less
In addition to above exports, our telegrams to-night also give
depression of tone than last week. Sales are 1,100 cases for
ns the following amounts of cotton on shipboard, not cleared, at
the week, as follows 125 cases 1877 crop, New England, 15c®
add also similar figures for New York,
the ports named.
21c; 100 cases 1878 crop, New England, 9%c.@llc; 275 cases which are prepared for our special use by Messrs. Carey, Yale St
1877 crop, Pennsylvania, 9}gc.@23c.; 524 cases 1878 crop, Wis- Lambert. 60 Beaver street
consin, private terms and 9c@llc; and SI cases 1878 crop,
Ohio, 10c. The movement in Spanish tobacco has been rather
On Shipboard, not cleared— for
Leaving
more liberal, and sales are 600 bales Havana at 82c@$l 07)6.
Aug. 22, at—
Stock.
CoastLiverTotal.
France. Other
Ocean freights have been fairly active, and rates, while not
pool.
Foreign wise.
showing the strength of a week ago, are still, in the main, quite
4,029
None.
57
57 None.
None.
Bteady. Late engagements and charters include: Gram to New Orleans.
292
None.
None.
None.
None.
None.
Liverpool, by sail, 7d.; do. by steam, 7}£d.; cotton, by steam, Mobile
133
15
15
None.
None.
None.
Charleston...
3-16d.; provisions, 35@40s ; grain to London, by steam, 7^d.; Savannah
1,387
50
50
None.
None.
None.
5,182
485
flour, by sail, Is. 10}£d.@2s.; grain to Tyne clock, by steam, Salveston
10
None.
None.
475
49,535
None. •12,822
5,941
None.
4,587
Sd., 60 lbs,; do. to Cork, for orders, 6s. 4&d.@6s. 6d., free of New York
500
10,785
200
300 None.
None.
elevator charges; do. to Antwerp, 5s. 6d. perqr.; do. by steamer Other ports..
to Havre, 6s. 6d.; refined petroleum to London, 3s. 9d.; do. to
13,929 71,343
275
0,298
4,587
Total
475
Bremen or Hamburg, 3s. 9d.; do. to Hamburg, 4s.; do. to Cork * Included in this amount there are 2,294 bales at presses for foreign ports, the
for orders, 4s. 9d.; naphtha to Havre, 4s. 10^d. To-day, trade destination of which we cannot learn.
was quiet; grain to Liverpool, by steam, 7/id., 60 lbs.; cotton,
The following is our usual table showing the movement of
^d.; grain to London, by steam, 7?6d.; do. to Hull, by steam, cotton at all the ports from Sept. 1 to Aug. 15, the latest mail dates:
9d., 60 lbs.; do. to Gibraltar, for orders, and Mediterranean,
BBCEIPTS SINCE
EXPORTED SINCE SEPT. 1 TO
6s. 3d. per qr.; do. to Cork for orders, 6s. 6d.; refined petroleum
SEPT. 1.
Stock.
Ports.
to German Baltic, 4s. 6d.; case oil to Constantinople, 31c.
Other
Great
Total.
1877.
Britain. France. Foreign
1878.
Rosins have remained very quiet, particularly so for export
no quotable changes, however, have taken place ; common to N.Orlns 1173,627 1371,281 676,859 218,499 347,326 1242,684 1,028
good strained, $ 1 30@$1 32}£. Spirits turpentine closes quiet, Mobile 362,194 413,415 57,954 35,583 29,677 123,214
442
after an active movement at 26%c for prime Southern bbl3.
85
Char'n* 514,567 459,844 150,410 57,140 176,143 383,693
Petroleum is still very weak and quite nominal at 6%c. for re1,434
706,047 599,570 205,463 23,646 232,677 461,786
Sav'h
fined, in bbls.; cases 8?2@10^c
American pig iron is cer- Galv.* 568,069 447,970 224,653 59.478 61,010 348,141
5,533
tainly very firm, but the scarcity of offerings checks business ;
York 147,661 144,076 274,206 14,505 27,213 315,924 78,076
No. 1 sold at $21@$22. Scotch pig is equally firm and in good N.
135
15,858
1,967
Florida
56,436
14,320
13,756
request ; 1,000 tons of all brands have been sold, to arrive, on
129
65,111
2,050 18,589
44,472
Car. 135,166 144,522
private terms. Steel rails continue in active request and very N.
5,098 199,610
713
1,124
193,829
firm 25,000 tons were sold, in lots, for Chicago delivery next Norfk* 560,036 509,686
496 18.470 216.258 12,750
163,132 227,292
spring, at $50 ; of iron rails 15,000 tons have been sold, 10,000 of Other.. 219,760
which for Boston delivery at $40.
English iron rails are This yr. 4443,563
2068,894 414,077 919,338 3402,309 100,601
wanted at $42. Ingot copper was very activeearly in the week,
1267,816 2147,00' 497.743 '681.924 3326 7341 56,077
when 9,030,000 lbs. Lake were sold at 16c; the market closes at Last year.
• Under the head of CharleMon is included Pert Royal. &o. rfyidi.'rm heart o
price.
Grass seeds of the new crop are quite nominal as
Qalrenton Is included Indianola, 4c; under the head of l/info*. Is iu«f0ed City
jpet. Whiskey has isold at $1 06@$1 06?a, closing firm.
Point, ic.

Hkds.

Stock Aug. 1, 1879
Receipt* since Aug.

89,384
22,906
20,719
91,571
95,596

We

:

.

;

am

i

August

.

:.
.

.

THE CHRONICLE

28, 1879 ]

201

Cts.
There has been h advancing market the past week for cotton on Bales.
Balta.
Cts. Bains.
I,.. Bala*.
It..
loo
lo-lH
400..
.10-40
tV>0.
10-4*
SOU.
IO-5.I
10-20
700
the spot, until middling uplands reached 11 Jr., with a fair busi900
.10-41
100
In 43
100.
10-61
10-21
1,8>«.
SOO.
.10 42
«"»
lira
100
10-64
ness for export and home consumption. To-day, there was a
1,122
3,400
WW
16-45
loo
ursa
10-23 35,000
2,900
400
10-48
7n0
in Ml
moderate demand at unchanged prices. For future delivery, the
1,600
10 21
3U0
Ill JU
1.400
10-20
For January.
speculation was steadily toward higher prices for this and the
9,300
soo
lo-eo
1.600
10*1
500.
fo-3*
10-61
80S.
next two months, the later months partially sympathizing. The
10-27
2 300
10-38
1.000
For February.
loo
lo-ns
1,000
10-38
600
10-30
«oo
improvement was due to better advices from Liverpool and ManrVm
loo
io-n.1
10-20
1.600
10-31
400
400
i„-i-i
10-64
400
chester, the small quantity in store and on sale, exposing con10-30
3400
300
10-32
1.000
10-40
100
IO-U7
10-31
3,400
600
10-33
100
10-48
tracts for early delivery to a speculative " corner," the later
300
10 68
10-82
1.700.
10-34
200
100
10-40
season and small movement of the new crop, except in Southern
4.H00
10-88
3,100.
800
10-36
800
10-60
10-34
1,000
10-8*
800
100.
M-53
Texas, and reports of damage in some sections.
For Aatfl.
Yesterday the
10-35
1,700
700
1037 2,300
100
10-7U
10-38
speculation for an advance received a check the business was
800
700
10 8*
!00
10-77
10-37
700
100
lost'
For
Marck.
200
limited almost entirely to September and October, and the close
10-tn
10-38
1,900
200
10-401
600
1046
10-39
was lower under the greatly improved weather for the growing
600
400
1941
10-42
400
crop.
There was a very severe storm on Sunday and Monday,
The following exchanges have been made during the week :
but it does not seem to have been seriously felt in the cotton
•29 pd. to eich. 100 Doc. for Oct.
-02 pd. to exch. 200 Sept. for Au«.
region, except in Southwestern Texas and in North Carolina, the
The following will show the range of prices paid for future*,
extreme limits of that section of country in which cotton is and the closing bid and asked, at
3 o'clock P. M., on each day in
grown. To-day the receipts at the ports were very small and the past week.
confidence revived, causing a material advance.
The total sales for forward delivery for the week are 518,800 Futures
Saturday.
'Ion, l.i j
Tuesday.
•bales, including
free on board.
For immediate delivery the
Higher.
total sales foot up this week 5 297 bales, including 918 for export,
Market,
Higher.
Higher.
4.239 for consumption, 140 for speculation, and
iu transit. Of
the above,
bales were to arrive. The following tables show
For Day. Closing. For Day. Closing. For Day. Gloria*
the official quotations and sales for each day of the past week:
:i

.

.
'

;

5

I

|

—

—

—

UPLANDS.
Mon Tuen

Aug. 16 to
Aug. 22.

Sat.

9» B 16 103 16
10», 8

Ordiu'y.tflb
Strict Ord..

Good Ord..

NEW ORLEANS.

103,» 101,8 103,
106,8
10» 18 10^,8 ioii; s 10ll 16
lOi» 1B 1013,8 lljis lUis
3 i« H'lO
115,6
7 16 11 7 16
11 6 ,6 113,8
1138
ll^a
11»8
11»8
11°8
11»4
1134
ll»a
111618 1H3,8 121,8 121
123,8 121,8 126,8 126,8
12?8
12»4
13
13
i:t'a
13*8
133a
13»n

10lt 18 1015 l6
8tr. G'd Ord 1015 16 ll"l«
Low Midd'iz lUie ll 5 ,«
Btr.L'wMid 11*4 11>2
Middling... 11% 11=8
Good Mid .. U"i, 1116, 6
Str. G'd Mid 1U5 16 123,6
Mldd'g Fair 12»8 12%
Fair
13ia
13>4

H

U

j

Wed Th.

106,,

JOS,,

111,8

H

10lt„

H

5

16

11 7 16

11«8
U»8
1134
1134
121,6 121,6

12h«

a*
13*8

123*
1338

Wed

Frl.

111,6

5 ,e

IV16

*'

S.N.

Fflph. Ixiip.
BUI. Atk High. Low.
BUI. Atk
11-16 48 11-71-11-58 11-55 56 1 1-69-1 1 -53' 11-70 71
11-66-11-52
11-44-11-29 11-43
11-77-11-53 11-55 56 11-69-11-53111-60
10-48-10-40'10-47 48 10-62-10-51 10-54
111 6
oi- in ..iii.l
10-26-10-20 10-25 26 10 35-10-28J0-28 30 10 29-10-22 10-31 33
10-25-10-20 10-24 25 10-32-10-25 10-27 28 10-32-10-22 10-30 31
10-30-10-28110 31 33 10-38-10-30, 10-33 34 10-32-10-26 10-36 3*
10-4010-41 43 10-40-10-38|10-41 42
-10-39 10-46 4«
105 HO- 481 10-51 53 10-54-10-501 10-50 52 10 56-10 41)! 10-58 GO
11-50
11-60
11-75
Unsettled.
Weak.
Steady.

Sept'b'r

October
Nov'bcr
Deo'bcr
.kin'ry

.

Feb'ry..

March

.

Tr. ord.
Closed.

—

—

—

—

]

—
—

:

—

Future*

Wednesday.

Thursday.

Friday.

Market.

Higher.

Easier.

Firmer.

13»8

Th.

Lo*t,

August. 11-45-

M <>n. Tun

101,6
107,8
1013,6
ll'ie
113,8
1138
11»3
ll'3,j

H

Th. Frl.

ma".

TEXA8.

Moil Tuen Sat.

Sat.

Frl,
I

105,6 105 (L
1011,6 1011,8 1013,8
113, 6
11°16 1»°16 11716
U'l6 117f« 11»16
11=8
1158
113t
78
11*4
1134
121,6 121,6 123,6
125,8 125,6 127,6

lHl6 111,6

U

135s

13

13%

13*8

13*4

STAINED.
Good Ordinary

H
U

fl lb.

Low Middling
Middling

H

H

H

117,8

H»16

113t
11 78
123,6
127,6

ll 78
123,«
127,6

11%

13%

13%

1334

1334

1038
1034

1013,6
111,

lHl6 1H16 113,6 tl 3 16
U 5 16 115,6 H7,6 117,6

MARKET AND

3 16

H 9 16

10%
10%

10»a
10-\

Frt.

10%

10%

10 78

10%

1078

1078
113,6
117,6

SALES.

SALES OF SPOT AND TRANSIT.

SPOT MARKET
CLOSED.

8 lit

Quiet, at

.

Mon

Export.

%Jadv.

Irrcg.,uns., 4adv.

Wed

Fri.

% ad

Qu., st'dy.at

700
218

uii-t

510
573
711

918 4,239

Total!

Deliv-

Sales.

erleg-

489 67,200
236 135,600
72

1,720

'Firm.

"

489
23S

Tues Quiet
Thura

Con- Spec- Transump, ul't'n sit.

'

102,800
510 113,100
1,273 62.300
997 67,800

900
300
300

1,79:

68

140

1,400
1.000

900

5,297 548,800 4,800

For forward delivery the sales have reached during the week
518,800 bales (all middling or on the basis of middling), and the
following is a statement of the sales and prices
:

For August.
Bales.
100

Cts.
11-45

SOOs.n.sOthllOi
400 a.c.vlail 1-53
aO0».n.«d. 11-53
300
11-53
200a.n.23d.ll-.U

300

11-34
3IK)
11-55
11-58
300
500
11-59
11-80
4W0
11-63
100
100 1.0.2:1111 66

SOO

U-H9

100

11-70
11-71
11-76

3IJ0

100

000
200f.ll.

.11-77

Md. 11-78

Bales.
2-100
2,100

1400
1,200
1.200

2300
2,700
5,100
6,-00
4,200

1800
400
1.200

500
S.'OO
2,800
2,100
2,900
8.900
4,200
2,0

Cts.
.11-35
11-38
11-37
11-38
11-39
11-40
11-41

11-42
...11-43
11-44
11-47
11-48
11-49
11-50
11-51
11-fs
11-54

1155
1156
1137

11-78
11-79

200
100

11*0

8.000
10 400
8.100

s.n 25lhll-8l
UK) i.ll.SIMI'M

MOO

11-58
,1-59
11-60

4900

11-61

aoon.n.isthirfta

11-63
11-63
11-61

11*8

5,700
6.500

11-84
.11-89

7.100
7.200

300.

1190

8,500
9,200
10,100

7300
For September.
1.500
1.300
2,600

400
1.300

poo

S.900
4.900
3.WK)
1.400
1.400

11-33

1134
1135
1126
11-27
11-29

1130
11-31

1132
11-33
11-34

8,400.

2,400
8.700
8.100.

4.200
5,800
7.200
8,600
10,100
n.900
14,400
20.HOO
12,800

Bales.

Cts.

6,600.

..

....

3.8O0
3.000
2,600
3,300
3,100

...

|

1182
1183

11-63
11-66
11-67
11-68
11-69
11-70
11-71
11-72
11-73
11 74
11-75
11-76
11-77
11-78
11 79
11-80
11-81

Bales.

a«.

6.30-)

...

.10-70

.11-86

2,100
1,400

10-72
10-73

11-87
11-88
11-89

300
200

10-74

-

137,600

301,800

For November.

For October.
....10-88
....10-37

1,500
1,700

,152

100
100

100
100
800

I

nasi

700

200
600

10-18
....1019

400

....10-21

1,20(1.

....10-41
1,800. ... ....10-43

...

2,000

500
1,700....

3.100
3,300
3.700
1.000
1.800

6,?00.

..

10 25

....10-46
....10-47

2000

....1048
....10-49

1,700
1,100

....10-97
....10-28
....lO-iO
....10-30
....10-31

....1061

1.800

....

2.100.

....10-53

..

....10-22
....10-23
....10-24

900
800

4.900

For Day.

107, „
1013, s 1013,,

107,6

113,6
117,,

Mon Toes Wed Th.

Sat.
;

Good Ordinary

Strict

107,6 11)7,8 107,6
1013,6 1013,6 1013,e
11=16 113,8 113,6
7 ,6
117,6 U7,6
9 16
9 18 11»16
1134
113,
11*1
7
11 78
11 78
8
123,6 123,8 123,6
127,6 17,8
127,6
13*8
1318
13%
13% 13»4 1334

2,500
1.600

10-33

Closing.

—
—

April...
Tr. ord.
Closed.
"

11-80
Barely steady.

6,100...

6100.

.

500
300

....10-56
....10-37
.. .10-58
....10-59

1.700

700

....10-3^

....10-30

...1038
....10-39
....10-40
....10-41

7,900

....10-43

...10-63

....10H4

80,700*

10-65
.

.

.

10W

....10-68

Fnr December.
1

For Day.* Cloning.

Auk High. Low. But. Atk
11-73 75 11-90 11-76 1100
11-81 11-78
11-71
11-89 11-74 11-80
10-75 10-64 10-74
10-60
10-44- 10-351 10-44
10-30
10-42 10-32 10-42
10-28
10-32 33 10-46 10-37 10-47 48
10-44 46 10-53 10-48 10-58 59
10-56 58 10-68- 10-60 10-68 69
1080- 10-76
11-75
1100
Easy.
Steady
But.

—

1

1

—
—
—
—
—

To 2 P. M.

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 ar.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 22), we add the item, of
exports from the United States, including In it the exports of
Friday only:
1878.
1879.
1877.
187«.
8tock at Liverpool
427.000 565,000 847.000
809.000
Stock at London
59,070
13,500
34,000
41,000
Total Great Britain stock .
8tock at Havre
Stock at Marseilles
Stock at Barcelona
Stock at Hamburg
Stock at Bremen."
8tock at Amsterdam
8tock at Rotterdam
Stock at Antwerp
8took at other conti'ntal ports.

486,070
100,900
2.121
22,481
2,300
19.279
28,308

Total continental ports....

181,635

396
200
5.650

Total European stocks.. .. 667,705
India cotton afloat for Europe. 289.588
Amer'n cotton afloat for Eur'pe
32.000
5. 109
Egypt.Brazil.Ac.aflt for E'r'pe
Stock in United States ports ..
85,272

Stock in U. 8. interior ports..
United States exports to-day

2,722
.

100

578.500
163.250
6,000
30.000
7.250
38.000
44,000
9,000
6.500
17,250

881.000
212.750
12.000
64.O00
13.500
66.750
41.000
10.750
7,750
11,750

850.000
160.250
5.250
76,000
11,000
55,250

321,250

443,250

416,750

5 S. -J.". I >

15,000
18.000
17.750

899.750 1,321.250 1,266,75
197.000 276.000 383.000
24,000
58,000
75.000
26.000
17,000
14.000
12-4.D.-.2
131,479
49.378
11,093
3,60 t
9,799
1,000
7.000

1.083,496 1,189.732 1.S13.101 1.903,322
Total visible supply
Of the above, the totals of American and other descriptions are as
follows

American —

Liverpool stock
Continental stocks

American afloat for Eiu-ope
United States stock
United States interior stocks..
United Slates exports to-day.

351.000
58.000
128.052
9,799

442,000
310,000
75,000
134,479
11.093
7,000

551,094

778,992 1,090,851

079,572

130,000
59.070
48.635
289,588
5,109

124,000
13.500
6 1 ,250
197,000
14,000

306.000
34.0OO
89,250
276,000
17.000

367.000
41.090
106.750
393.000
26.000

532,402
551,094

409.750 722,250
778,982 1,090,851

023.75O
979,572

297.000
133.000
32,000
85.272
3,722

100

441.000
260,000
21,000
49,378
3,604
1,000

5 11.000

...

1042
3,000
3,000
4,400
7,400
13,100
4,700

Closing.

The Visible Supply of Cotton,

Total American

East Indian, Braiil, dc.
9.600
7.7U0

For Day.

Low. Bid. Ask High. Low.
August. 11-84 11-77 11-77 79 11-8011-79
" 8.D.
11-8211-84-11-72
Sept'b'r 11-83 11-76 11-79
10-68-10-59
October 10-73 10-62 10-64
Nov'ber 10-43 10-33 10-31 35 10-36-10-30
Dee'ber 10-42 10-30J 10-32 33 10-34-10-88
10-46 10-36 10-37 38 10-37-10-33
Jan'ry
Feb'ry 10-50
10-49 51
March.. 10-64-10-56 10-61 63 10-60-10-59

Liverpool stock
L.ndon stock
Continental stocks
India afloat for Europe
Egypt, Brazil, Ac, afloat
Total East India,
Total American

Ao

—

1,083,496 1.188.732 1.813.101 1,903,322
Total visible supply
6Hi 8 a.
5i&i»d.
6d
6»i 4d.
Prloe Mid. Upl., Liverpool....

—

..

.

THE CHRONICLE.

202

These figures indicate a decrease in the cotton in sight to-night
of 105,236 bales as compared with the same date of 1878, a decrease of 729,605 bales as compared with the corresponding date
of 1877. and a decrease of 819,8i6 bales as compared with 1876.

—

AT tiie Interior Ports the movement that is the
and shipments for the week, and stocks to-night, and
corresponding week of 1878
statement:

—

is set

out in detail in the following

Week ending Aug

22, '79.

Week ending Aug.

Receipts 3htpm'ts

Stock.

Receipts Shipm'ts Stock.

Augusta, Qa
Columbus, Oa

•386
1,000

1,365

rO

124

3,722

1,474

1,666

3,604

1,068

3
121

126
16

553
167
310
178

Nashville, Tenn..

56

5

Total, old ports.

185

568

.

Bhreveport, La
Vicksburg, Miss.
Columbus, Miss..
.

Euf aula,

Ala.

23

....

159
40
6
150

71
40

109

25

28
157
139
14
17
100

47

2

5

3

20
85
7
1

{rut)

Qa

Griffin,

65
25
214

300
100
292

33
12

1,791

O

257

1,423
1,166

520
735

new p'rts

375

2,492

3,741

1,681

560

3,060

7,463

3,155

.

Cincinnati,
Total,

11

99
146
26

Atlanta, Oa {est.)
Borne, Oa. (est)..
Charlotte, N. C...

Total, all
*

23
10
50
6

15

86
569
315
790
355

442
260
186
71
114
523

297

Macon, Oa
Montgomery, Ala
Belnia, Ala
Memphis, Tenn..

23. '78.

354
264
119
126
140
418
53

51
26
13
17
19

Dallas, Texas
Jefferson, Tex. .

receipts
for the

61)

66
136

112
29

88
28
69

562
867

170
741
871

1,727

2,393

3,393

5.999

8
38

1

Actual count.

totals show that the old interior stocks' have
decreased during the week 1,897 bales, and are to-night 118
The receipts at the
bales more than at the same period last year.
same towns have been 1,289 bales less than the same week last
year.

The ahove

itol.

xxix.

highest 94 and lowest 71. The rainfall for the week is one inch
and forty-five hundredths.
Corsicana, Texas. It has not rained here during the week, and
we are needing some rain. Picking is progressing. The thermometer has ranged from 67 to 96, averaging 82.
Dallas, Texas.
The weather during the week has been warm
and dry, and picking is making rapid progress. The crop here
and north and eastward promises very well.
Average thermometer 82, highest 96, and lowest 67.
Brenham, Texas. There has been a rainfall here of ten hundredths of an inch, rain having fallen on one day, a shower. The
The crop will be very short. The therposition is unchanged.
mometer has averaged 80, the extreme range having been 78 to
Picking is progressing.
90.
New Orleans, Louisiana. It has rained during the week on one
day, the rainfall reaching thirty-seven hundredths of an inch,
but the weather the rest of the week has been pleasant. The
crop is developing promisingly, although there are complaints of
too much rain in some sections. The thermometer has averaged 80.
bhreveport, La. The weather continues dry, the rainfall during the week aggregating only four hundredths of an inch.
Thermometer, highest 92, lowest 63, average 77.
It has rained here on one day during
Vicksburg, Mississippi.
the week (to-day). The days have been warm, but the nights
hear rumors of the appearance of caterpilhave been cold.
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
hundredths of an inch, but the latter portion has been clear and
pleasant. The thermometer has ranged from 73 to 83, averaging 78.
Friday last was cloudy, with a light
Little Rock, Arkansas.
rain in the afternoon, but the remainder of the week has been
The first bale of new cotton was received
clear and pleasant.
on the 16th instant. The thermometer has averaged 72 during
the week, the highest being 88, and the lowest 59. The rainfall

—

—

—

—

—

—

We

—

—

eight hundredths of an inch.
It has rained on two days the past week,
Nashville, Tennessee.
the rainfall reaching one inch and twenty-four hundredths. The

is

—

days have been warm, but the nights have been cold. The
thermometer has averaged 73, the highest being 91, and the
Receipts from the Plantations. The following table is lowest 58.
prepared for the purpose of indicating the actual movement each
Memphis, Tennessee.— It has rained during the past week on
-week from the plantations. Receipts at the out ports are some- one day, the rainfall reaching ten hundredths of an inch, and
times misleading, as they are made up more largely one year although the balance of the week has been pleasant, yet the
than another, at the expense of the interior stocks. We reach, weather has been too cold to mature the crop. Otherwise the
It is thought the plant will
therefore, a safer conclusion through a comparative statement crop is developing promisingly.
like the following:
develope well, bottom to top. Average thermometer 74, highest
RECEIPTS PROM PLANTATIONS.
91, and lowest 60.
Mobile, Alabama.— During the earlier part of the week the
Planfnl
from
Receipts at the Ports Stock at Inter'r Ports Rec'pts
Week
weather was clear and pleasant, but the latter part has been
endingrainy, ihe rainfall reaching seventy-three hundredths of an inch.
1879.
1878.
1878.
1879.
1877.
1877.
1877.
1878.
1879.
It has been showery two days, and has rained to-day constantly.
26,28'
59,886 54,283 140,649 119,991 116,879 15,737 48,082
Apr.
Crop accounts are less favorable. The plant is shedding, and
21,183 51,391 44,851 133,363 108,638 107,005 18,897 40,033 34,977
rust is developing badly, and much damage has been done.
25,148
13.058
26,362
95,979
91.966
40,187
128,411
18,010 39,016
Caterpillars are reported everywhere, and are doing great injury
26,641 38,856 36,183 117,074 89,142 87,294 15,304 82,019 31.511
The thermometer has ranged from 65 to
in Middle Alabama.
7,020 17,604 13.M51
May
16,560 31,196 22,2<8 107,534 75,550 78,962
7,471 14,472 11,618
93, averaging 77.
17,809 24,252 19,031 97,698 65,770 71,546
7,600
4,948 10,760
Montgomery, Alabama. We have had rain on three days of
16,288 20,097 19,897 86,376 56,433 59,249
8,858
9.604
4,780
12,147 19,732 16,673 79,009 46,305 51,429
the past week, light beneficial showers, the rainfall reaching
• 30..
7,889
10,940
9,660 18,220 17,113 67,786 39,025 42,198
eleven hundredths of an inch. The rest of the week has been
6,461
7,509
Jane «...
9,390 12,380 11,089 57,509 34,154 37,570
Picking is making rapid progress.
dry, warm, and pleasant.
1,471
" 13..
6,392
3,171
6,612 52,154 29,315 32,429
8,526 11,231
The cause of the small receipts this week is the vigorous picking,
••
4,065
23,28'
29,306
2,141
45,769
4;
ao..
7,188
8,526 10,721
weather this week has
fiving no time to gin or pack. The fine
2.210
" 87..
4,
6,293 35,811 21,240 25,223
6.879
6,519
elped the crop considerably. The thermometer has averaged
802
2,368
4,384
3,637 32,077 19,675 22,388
July *..
6,102
5,949
77, the highest being 92, and the lowest 65.
" 11..
1,385
3,645
1,324
4.404
3,032 28,997 18,033 20,691
5,287
Selma, Alabama. The earlier portion of the week the weather
" 18.
1,243
2,809 27,978 15,494 15,528
3,676
3,782
" 85..
1,119
2,154
was clear and pleasant, but during the latter part we had rain on
3,299
4,086
3,272 25,361 12,527 14,410
2,149
2,059
2,503 22,472 11,005 13,966
Aug. I..
2,691
3.671
one day. Worms, rust, shedding, and boll worms, are all injur410 3.028 ing the crop in the cane-brake section, and much damage is
8,346 13,049
2.102
3,945 21,574
8
3,099

—

—

—

1

18
88

1

1,733

4,657

2,644

5,699

3,462
4,843

19,118

17,600

6,238
5,999

11,477

7,463

2,549

1,126

1,890

Madison, Florida.— We have had rain this week, but not
Caterpillars have appeared, though
to do much good.

5,460

enough

The above

statement shows
That the total receipts from the plantations since Sept.

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
days, to a depth of one inch and sixty-five
Weather Reports bt Telegraph. Our weather reports the week on three
hundredths. The thermometer has averaged 82.
to-night are in general more favorable, especially in those sechave had light rains every day this
Savannah, Georgia.—
Crop accounts week, excepting Sunday, the rainfall aggregating one inch and
tions in which caterpillars were most feared.
have therefore improved, except in portions of Texas; where the forty-eight hundredths. The thermometer has ranged from 73
to 91, averaging 81.
drought is claimed to have injured the plant beyond recovery.
are having too much ram. There
Augusta, Georgia.
have had showers during the week on have been heavy and general rains every day the past week, the
Galveston, Texas.
are
two days, the rainfall reaching sixty-three hundredths of an rainfall reaching one inch and sixty-two hundredths.
Picking is progressing finely. Prtispect unchanged. The in receipt of very unfavorable accounts from some ten counties
inch.
The weather has been too wet, and
this point.
general estimate is that east of Trinity River will make half a tributary to
The bottom crop will be poor. Bolls
cotton is looking bad.
a
per
acre
rest
of
the
State
a
quarter
of
bale
planted.
and
the
bale
are dropping badly and the p'.ant is shedding. The top crop will
The thermometer has averaged 80, the highest being 87 and the be fair if the weather be favorable, with late frost. Picking will
not begin in Middle Georgia before the 15th to 20th of September.
lowest 71.
thermometer has averaged 79, the highest being 91 and
Indianola, Texas. There have been good showers here on The
the lowest 67.
two days the past week, which have been generally beneficial,
Charleston, South Carolina.— It has rained during the week on
but too late to save cotton. For the first time this year the three days, the rainfall reaching two inches and seventy-five
hundredths. Average thermometer 82, highest 87 and lowest 71,
grouni has had enough moisture. Average thermometer
1.

1 in

1878-9 were 4,452,571 bales; in 1877-8 were 4,263,032 bales; in
1876-7 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 5,460 bales, and for 1877 they were 1,126 bales.

—

—

We

—We

— We

We

—

82,

.

:

ArourT

..

.

.

THE CHRONICLE

23, 1879. J

203

New Cotton.— Vicksburo, Mian.—The first bale of new cotton
The following statement we have also received by telegraph,
showing the height of the rivers at the points named at 3 o'clock was received here August 18. It was classed low middling, and
Aug. 21, 1879. We give last year's figures (Aug. 22, 1878) for sold for fifteen cents per pound.
comparison:
r
Helena, Ark.—The first bale of new cotton was received
Aug. 21 '79. Aug. 22, '78.
Feet. Inch.
Feet. Inch.
August
19 and sold for $100, and was then forwarded to the St.
11
11
11
2
Below high-water mark
New Orleans
10
7
10
4
Above low-water mark...
Louis Merchants' Exchange, to be sold for the benefit of the
Memphis
Above low- water mark...
Nashville
Memphis yellow-fever sufferers.
15
3
10
5
Abo ve low-water mark.
Shreveport
,

.

.

16

10

. .

19
5
Above low-water mark... 14
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.

Vicksburit

Comparative Port Receipts and Daily Crop Movement.—
of the port movement by weeks is not accurate,
as the weeks in different years do not end on the same day of the

Bombat Shipments.— According to our cable dispatch received
have been
bale* shipped from Bombay to

to-day, there

Great Britain the past week aod 6,009 bales to the Continent;
while the receipts at Bombay during this week have been 2,000
Thy movement since the 1st of January Is as follows.
bales.
These figures are brought down to Thursday, Aug. 21.

A comparison

Shipments

We

have consequently added to our other standing
*
tables a daily and monthly statement, that the reader may con
etantly 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.
month.

port receipts from satprdat, auo.
D'ys

New

of

Or-

Frl..

76
59
56
59
42
38

Tot..

330

Bat..

Hon
Tues

Wed
Thur

Char- Savan- Galnah. veat'n.

Mo-

leston.

bile.

we'k leans.

16, '79,

17

393|

27

979
432

6
....

35
12

11

1

....

20

25
13

19
4
11
19

60

86

97

23

The movement each month

180|
822!
77l

2,888

to fridat, acq. 22,
Wil-

Nor-

All

ming- others.

folk.

*79.

Total

ton.

13
19

4

6

520

....

77

1,219

556
544
914

32
22
28
158

S

....

3

267
16
732

1,060

272

12

1,098

4,843

Brit'n.

1879
1878
1877
1876

8,000
1,000
8,000

week

this

Qreat Continent.

6.000 6,000 211.000
2,000 10.000 293.000
1,000 2,000371,000
1,000 9,000!534.000

From the foregoing

Bept'mb'r
October.

Novemb'r
Decemb'r
January
.

February.

March

.

April..

.

..

May
June
July

1878.

288,848
689,264
779.237
893,664
618,727
566,824
303,955
167,459
84,299
29,472
13,988

1877.

1876.

236,868
675,260
901,392
787,769
500,680
419,686
182,937
100,191
68,939
36,030
17,631

98,491
578,533
822,493
900,119
689,610
472,054
310,525
197,965
96,314
42,112
20,210

1875.

169,077
610,316
740,116
821,177
637,067
479,801
300,128
163,593
92,600
12,234
29,122

it

329,000
386,000
101.000
317,000

would appear

1.

Reeeipu.

|

Thla

Total.

Week

573,000
679,000
778,000
881,000

Hlnee
J.iii. 1.

2.IMMI

772.000
817,000
991,000

3.000
1,000
1,000

1(92.000

compared with last

that,

India Shipments Other Than Bombat.— Below we give the
week's shipments of cotton to Europe from Calcutta, Madras,
Tuticorin, Coconada, Carwar, Rangoon and Kurrachee.
These
figures are collected for us and forwarded by cable.
For the
week ending Aug. 21 the shipments were as follows.
also
give the totals since January 1 and the figures for previous years
for comparison.

We

Shipment* since January

Shipments this week.
Great
Britain.

Beceipta.

Continent.

year, there has been a decrease of 4,000 bales in the week's shipments from Bombay to Europe, and that the total movement
since January 1 shows a decrease in shipment? of 100,000 bales,
compared with the corresponding period of 1878.

since Sept. 1 has been as follows

Year Beginning September

Monthly

Shipments since Jan.
Great

Tutnl. Britain.

Continent.

Great

Total.

Britain.

Continent.

225,000
98,000
79,000
96,000

183,000
51,000
47,000
78.000

1.

Total.

1.

1874.

134,376
536,968
676,295
759,036
444,052
383,321
251,433
133,598
81,780
56,010
17,064

1879
1S78
1877
1876

1873.

115,255
355,323
576,103
811,668
702,168
182,688
332,703
173,986
127,346
59,501
31,856

7,000
6,000

1,000

i",6o6

317,000
119,000
126,000
171,000

week show that the movement from
other than Bombay is 2,000 bales less than same week

The above
the ports

3,000

7,000
9,000

totals for this

of last yea,r.

Alexandria Receipts and Shipments.— Through arrangements we have made with Messrs. Davies, Benachi & Co., of
Liverpool and Alexandria, we shall hereafter receive a weekly
The
cable of the movements of cotton at Alexandria, Egypt.
receipts and shipments the past week, and for the corresponding weeks of the previous two years, have been as follows
:

Alexandria, Egypt,

Tot.Jy. 31 4,435,737 1,258,186 3,957,386 4,085,531 3,173,936 3,768,597
Fero'tage of tot. port
97-99
97-48
99-31
receipts July 31
9800
9906

Ang.

2 I.

1879.

1878.

1877.

1,667,000

2,000
2,592,000

I

Receipts (cantara*)-

This week.
Since Sept. 1...

This statement shows that up to July 31 the receipts at thr
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
shall be able to reach an exact comparison of the movement

This

week
Exports

1878-79.

1877-78.

1876-77

1S75-76.

1871-75.

Total,

1873-74.

"
"
"
"

7....

562
698
330
666

8....

1,132

" 9....
" 10....
"11....

527

*'

"
"

1....
5....

6....

12....

13....

" 14....

S.

776
761
317
239
809
520

" 15....
" 16....
" 17....
" 18...

1,219

" 19....
" 20....
"21....

556
544
944

" 22.
Total

8.

1,060

S.

593
509
529
340
700
468
S.

712
612
737
505
1,623

634
8.

944
627
984
817

Ui
8
839
618
247
364
245
531
8,

487
598
367
264
561
394
8.

1,167

693
586

816
834
S.

1,141
1,168
1,082

761
1,038
1,081

8
1,963
1,711
1,069

815
789
607
8,

1,361

807

390
391
301
207
8,

197
361
539
218
168
195

8.

vtoek Sept. 1.

Since

week Sept.

1.

1,000 172,100 1,000 239,000 1,500 297,500
168,000
500 110,500
76 79,776
1,076 252,176 1,000 407,000 2,000 138,000

Europe

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 from

Manchester to-day (Aug. 22) states that the prices for shirtings
are the same as last week, but that twists have slightly improved,
and he gives the range J higher. We leave previous weeks'
prices for comparison.

517
701
924
702
960

1878.

1879.

S.

701
601
647
967
787
601

8.

457
330
224
303
395
675

1.

2,703,000
This

Since

A oantar is 98 lbs.

*

ToLJy. 31 1,435,737 4,258,180 3,957,386 4,085,531 3,473,936 3,768,597
139
421
Aug.l....
419
635
8.
1,092
" 2....
264
1,465
724
507
521
S.
" 3....
395
861
8.
501
410
1,056

Sept.

This

(bales)-

To Liverpool
To Continent

for the different years.

Since

32s Cop.
Twist.

July 19.
"

Aug.
,r

8.

25.
1.
8.

" 15.
" 22.

1,499

d.
d.
8 Ts®93a

83»®9>4
8*4®9l4

8%®9'4
8*j,39%

Cott'n

8>4lbs.
Shirtings.
d.

Mid.

Uplds
d.

1>«3>7

d.
!'_

>:<;-

.11..

6»I6

lHi®7

4>2

l>sd>7

4 'a

?>
6*16

1

s.

6%

1>8®7 |i._, 6%
l»aa7 4>a 0"ia

Cop.
Twist.

:i-2s

d.

d.

8S9®9>4

9

®9»b

8 7a®9>a
8 7aa9ia
8 7aS9>s

~
lbs.
Shirtings.
1 1

d.

s.

d.

Cott'n
Mid.

Bplft
d.

3 ®8 3
6>s
4>s®3 4>a
4ig®8 4»s 6%
4%a>8 4>a 6Sg
3 98 3
6»1«
1*838 l»a 6''i»

$p

864

Gunnt Bags, Bagging, &c. -Bagging is in light request and
but few orders are coming in. There have been a few small
The market is
parcels taken, but no large parcels are moving.
very firm, and there is no desire to sell except at full figures,
which are 9@10fc, according to weight and quantity. Butts are
not in large supply, and no further parcels have come to hand.
The market is strong, and tlieie is nothing offering under Ujc,
while some dealers are asking 2i@2jc. Private cable advices
from Calcutta report an advancing market.

1,102

592
607
971

4,448.406 4,271,822 3,967,350 1,101,509 3,480,224 3,784,524

Percentage of total
p'rt rec'pta Aug.22

9830
9325
97-93
99-52
99-43
This statement shows that the receipts since Sept. 1 up to
to-night are now 176,584 bales more than they were to the same
day of the month in 1878, and 481,056 bales more than they
irere to the same day of the month in 1877.
We add to the last
table the percentages of total port receipts which had been
received Aug. 23 in each of the years named.

New

'

York this week show an
The Exports of Cotton from
increase, as compared with last week, the total reaching 10,019
Below we give our usual
bales, against 4,794 bales last week.
York, and their
table showing the exports of cotton from
direction, for each of the last four weeks; also the total exports

New

J
'

..

. :

:

.

column the

direction since Sept. 1, 1878, and in the last
same period of the previous year.

total

for the

Exports of cotton

from New York

(bales)

since Sept.

Same
Total to period

Exported to—

July

Aug.

Aug.

Aug.

30.

G.

13.

20.

5.607
2,723

2,171

Liverpool

Other British ports

prevl'us
year.

date,

6,325,267,215 333,132
3,500 16,816
5,857

4,634

Total to Great Britain 2,171 8,330 4,634 9,825 284,031 339,989
Havre

194 14,599
100

3

Other French ports

Bremen and Hanover.

500

9,544

3

194 14,699

9,659

16,306
2,202
2,835

20,718
4,986
19,206

21,343

44,910

5,710

2,390
2,398

Other ports

Total to North. Europe

500

473

Spain, Op'rto, Gibralt'r, &c
All other

100
160

Ac

160

4,788

5,870

160!

100i

New

at

York,

Boston, Philadelphia and Baltimore for the past week, and since
September 1, 1878

New York.
This

Mobile

.

.

Florida...
S.Carolina
N.Car'lina
Virginia.
North.p'ts
Trim.. &c.

Foreign

)

Market,
5 P. M.

Harden 'g.

Firmer &
6I3

6 7 ia

6 9 16

1,

Sales
Spec. & exp.

6.000
1,000

10,000
2,000

Market,
irket,
5 P.
P. M.

I

6U 16

8,000
1,000

12,000
3,000

10,000
2.0L0

6H

6 9 i«

6" 16

8,000-

1,000

Quiet

Firm.

Firmer.

Firmer.

and

Firm.

steady.

J

The actual sales of futures at Liverpool, for the
below. These sales are on the basis of Uplands,
aniess otherwise stated.

same week, are given

Low Middling

clause

Saturday.
Delivery.

Aug.
Oct..

Aug.-Sept

Delivery.

d.

d.

Delivery.

d.

63e®i3 33 8ept.-Oct.638®13.,2® 7 l6 Dec.-Jan
6J8®6.,
6 7 ,«
Oct.-Nov
2 Jan.-Feb
638®13 32 Nov.-Dec
6
Aug.-Sept

M 24,555

100

t:>

92,940

10,866

2,003 907,084

644 369,120

6,52,

6 147,667

[Sept. 1.

6
531 32r

67 j

Delivery.
6ifl

Oct

6I3

Aug.-Sept

61632

Sept.-Oct

6i5 32 ®Tfl

47,113

101 61,325

Oct.-Nov

Nov.-Dee
Apr.-MayJ

Oct.

63 18

Aug.-Sept

. .

27

Oct
Aug.-Sept

27,300

424152,377

Total bales
Liverpool, per Bteamers Republic, 1,357
China, 608.... England, 955
City of Chester, 569....
Wyoming, 2,250,... Scythia, 586
6,325
To Cork, for orders, per ship Theresa, 3,500
3,500
To Havre, per steamer Amerique, 194
194
Baltimore To Liverpool, per steamer Caspian, 200
200
Boston—To Liverpool, per steamer Brazilian, 18
18

—

Total

10,237

The

particulars of these shipments, arranged in our usual form,
are as follows:
Liverpool.

Cork.

Havre.

6,325

3,500

194

3,500

194

200
18
10,237

Cotton freights the past week have been as follows:

Mon.

Satnr.

liverpool, steam d 3l6 ®>4
do
sail., d. ...® 7 32
Havre, steam
e, ...®»8*

do sail
e
Bremen, steam, .c
do
sail
c.
Hamburg, steam, c.
do
sail...c,
Amst'd'm, steam c.
do
sail .. e.
Baltic, steam
d.
do
sail
d.

...® 13
...® 9 16*
...® 7 16
...®*»18
...@l9

he®

1

Tues.

...® 7 32

Wednes. Thurs.

®l4

3 16 -a>4

...® 732

7 32
...® 7 32
..® 7 32
...®=8* ...®»8*
..©58*
1
...®ia
...® a
..®*a
...® 9 16*
•® 9 16'
...@7 ltj --® 7 16
7 ie
...®»'ia* -••» 9 ie' ...® 9 i 8 "

...©^

...® 9 1 6 ' ...® 9 16*
...® 7 16 ---® 7 16
.-.® 9 16'
...®ifl
..® 13
...®!a
,

...®.... ...®....

hi®

-®

1

3

*

16

-®

....®<a

...®>a

...®.... ...®....

.-a.

.©.
,®.

Fri,

316® *
1

*

.

.®.

.®.
.®.

.

9

-®.
.®.

a

Compressed.

—

Liverpool. By cable from Liverpool, we have the following
statement of the week's sales, stocks, &c, at that port
Aug.

week

bales.

Forwarded
Bales American
Of which exporters took
Of which speculators took..
Total stock

Of which American
Total import of the week

Of which American
Actual export

Amount afloat
Of which American

1.

45,000
2,000
37,000
4,000
2,000
528,000
387,000
32,000
8,000
3,000
195,000
30.000

Sept. -Oct

Aug.

8.

36,000
2,000
29,000
3,000
2.000
503,000
369,000
14,000
14,000
6,000
190,000
25.000

eis^is
6®0i 3 2

Delivery.

Delivery.
Sept.-Oct

6i 7 32

Oct.-Nov
Nov.-Dec

6*4
63 32

6I3
6*2
6"a

Oct.-Nov
Nov.-Dec

6 7 32
6]] 6

6Hs

Aug. 15.
50,000
5,000
39,000
6,000
3,000
469,000
343,000
18,000
14,000
6.000
189,000
16.000

Aug. 22.
61,000
4,000
49,000
4,000
4,000
427,000
297,000
21,000
6.000
6,000
176,000
22,000

Delivery.
6'32'S 14
6' 3 2

Oct.-Nov
Jan.-Feb

Thursday.
Delivery.

Delivery.

Delivery.
63 18 ®7 32
6i 7 32

6 7 32

Oct.-Nov

61 16

Oct

6*2

Oct.-Nov
Oct
Nov.-Dec

.

Friday.

10 162.092

155 89,805

6,543

Oet.-Nov
Nov.-Dec
Oct

61 7 32
61 7 32

.61 7 32® 9 16® 17 32

Aug.-Sept

New York—To

Total

615 32
615 32
6i5 32

63 le ®7 32

01,00,3.,,,

6iie

Delivery.

Aug.
Oct

21,117
13,263
53,272

—

Baltimore
Boston

61 32

6ii6

Delivery.

67 i 6
6i 32

Sept.-Oct

179 73,373

Delivery.

Nov.-Dec
Oct
Jan.-Feb

63ia®7 32

Tuesday.

3,040

3.060 945,69913,071347,8991

New York

Oct.-Nov
Nov.-Dec
Jan. -Feb
Oct.-Nov

Wednesday.

1(1

34 56,664
488 141,616
105108,555
25

Telivery.

Aug

840

11,679
13,477
17 34,834
2,170

4 40,281
55 144,690
_
is?

Since

Shipping News. The exports of cotton from the United
States the past week, as per latest mail returns, have reached
10,237 bales, go 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
night of this week.

Bales of the

69 i 6

j

Aug
Sept.-Oct

6*2
6'B 32
6i5 :! ~o

Oct.-Nov

63l 6

Aug.-Sept

'

Firm.

firmer.
6 9 }«
18

6>fl

)

Delivery.

East year.

and

Firm.

dearer.

6%

Friday.

Active

fract'n'lly

]

Mid. Upl'ds
Mid. Orl'ns.

Delivery.
Sept.-Oct

Baltimore.

I

"254 20,235
18

Philadelphia.

This
This
Since
Since This
week. [Sept. 1. week. Sept.l, week.

1,586 173,000
"'43 127,709
143,171

.

This year.

Boston.

Since

week. Sept.

Texas
Savannah

Market,
12:30 P.M.

2,67ll 8,906' 4,794 10,019 325,943 398,346

The Followino are the Receipts op Cotton

N. Orl'ans

Saturday Monday. Tuesday. Wedn'sdy Thursd'y

Spot.

MONDAY.

Grand total

from—

The tone of the Liverpool market for spots and futures each dav of
Khe week ending Aug. 22, and the daily closing prices of spot cotton
have been as follows

115

473

Hamburg

Receipts

XXIX.

Futures.

Total French

Spain,

[Vol.

1878.

1,

Week ending-

Total

.

THE CHRONICLE.

204
and

:

:

.

Delivery.
Sept.-Oct

Delivery.

Aug

6"32

Aug.-Sept

6 "a

Sept.-Oct

6i 7 32

6 7 32
6i2®i 7 32
61 1&

BREADSTUFFS.
Friday,

P. M.,

August 22, 1879.

There has been for several days an active demand for flour,
causing a partial recovery of the decline which took place early
in the week.
The improvement has been most decided in the
common extras from spring wheat, which are still comparatively scarce
and the production generally appears to be quite
moderate for the season. Flour in sacks, unless taken for export, must be sold at prices considerably below the same quality in bbls.
Rye flour has tended upward, and corn meal ruled
very firm. To-day the export demand was less active for flour,
but there was a good trade at steady prices.
The wheat market has been exceptionally active. Receipt*
have been excessive at this point, but were readily cleared off
the market, and the movement at the West is on a reduced
On Wednesday and Thursday each the sales on the spot
scale.
and for future delivery approximated a million bushels, prices
advancing yesterday to $1 01@$1 02 for No. 2 spring, $1 10@
$ 10% 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
delivery in the next two or three weeks at $1 10?£@!J& 10%.
Prices for the next two months are not materially from spot
values, except that red winter is slightly dearer, and No. 1 white
slightly cheaper. To-day the market was very firm, but quieter.
Indian Com has been less active, and prices have favored
buyers, and yet the decline is not important. Yesterday No. 2
mixed sold at 46^c. spot and August and 47%c. for October.
Special grades continue scarce. To-day there was no change,
but a good business in No. 2 mixed at 47c. for September.
Rye has been active for Western, the offerings of which are
partly from the new crop, which appears to be of good quality
and in excellent condition. Sales of No. 2 Western were made
at 63^@64c. on the spot "and for September arrival, and 66^c.
for No. 1 Western. No. 1 State quoted at 67@68c.
Barley remains quiet and nominal.
Oats, on the spot, have materially declined, except for choice
white, which, being scarce, maintain their value. No. 2 mixed
sold at 31@31Mc and No. 2 white .34@34^c. on the spot, but
No. 2 mixed for October brought 32^c. To-day the market
;

less depressed, except that inside figures ruled, and choice
white declined.
Tie following are closing quotations

was

—

August 23,

THE CHRONICLE

1879.]

FLOUR.

tfbbl.$240» 3 15 Wheat—

No. 2
:Suporflne

—

..

amis.

No.3 spring, f) bu. $ 93 a
No. 2 spring
1 01 al
Rejected spring.
73 ®
Red winter, No. 2 1 in '.!,,
White
1 00
No. 1 white
1 ll'*«

aud

Stato

96
02
75

3 30*3 90
Western
4 20® 4 33
Extra State, Ac
Western spring wheat
10ia
extras
4 15® 4 40
12
do XX and XXX... 4 50® 5 75
ll>a
Corn— West, mixed
Western winter ship45 ® 47
Western No. 2...
ping extras
125® 4 70
46^3
Western Yellow.
do XX aud XXX... 4 85® 5 75
47>»® 48%
Western White...
Minnesota patents... 5 25® 7 25
53 ® 57
City shipping extras. 4 25® 8 25 Rye— Western
63 ® 66
Southern bakers' and
State and Canada
67 » 68
family brands
5 25® 6 00 Oats— Mixed
29 ® 32
South'n ship'g extras. 4 50® 5 00
White
33 ® 39
Eye flour, superfine.. 3 65® 4 00 Barley— Canada W.
»
Corn meal
State, 4-rowed...
®
Western, 4o
State, 2-rowed...
2 00® 2 40
®
Brandywine, Ao
2 65® 2 75 Peas—Can'da.b. A f.
70 ® 85
Receipts of flour and grain at Western, lake and river ports
for the week ending Aug. 16:
Corn,
Flour,
Wheat,
Oats,
Barley, Rye,
I

.-

l

I

.

.
.

.

bhls.
bush.
bush.
(56 lbs.)
(196 lbs.) (60 lbs.)
36,182 550,853 1.860.6M5

At—
Chicago
Milwaukee
Toledo

24,450

125

Detroit

4,273
2,906
43,672
1,830

Cleveland
St. Louis

Peoria

55.910
709,539
502,248
78.300

34,710
145,265
4,059
44.900
213,065
267,320

67M.H3.-i

52,850

bush.
bush.
hush.
(32 His.) (48 lbs.) (56 lbs.)

410,874 120,475 113,518
32.850
4,300 12,900
40,087
1,991
3,913
269
21,600
1,400
900
79,275
2,000 11,106
147,000
5,000 30,630

Duluth
Total
113,438 2,628,585 2,570,004 765,599 25,444 171,045
Previous week 124,962 2,621,154 2,021,073 831,363 16,621 178,247
time '78.. 85,144 3,077,237 3,295,795 1,451,263 93,316 229,480
Total receipts at same ports from Jan. 1 to Aug. 16, inclusive,
for four years:
1879.
1878.
1877.
1876.
Flour
bbls.
3,983,339
3,448,220
2,504,825
3,208,343

205

The visible supply of grain, comprising the stocks in granary
at the principal point* of accumulation at lake and seaboard
ports, and in transit by lake, rail and canal, Auir. 16, was
an
follows:
Wheat,
Corn,
Oats,
Barley,
Rye.
In Store at
bush.
hush.
buab.
bush.
bush.
New York
2.789.619 1,958,493 359,061
37.628
07.570
afloat
Do.
(est.)
1,183,165
345,000
24.4O0
Albany
300
14,500
33,000
6.2O0
ISuflalo
102,757
140,667
ft.009
Chicago
1,224,056 2,908,654
16 i .258
-I
137.555
Milwaukee
310,051
39,160
13,898
65,140
31,528
Dublin (9th)
46,801
10.709
Toledo
532.747
144.040
61.588
6,000
3373
Detroit
359,039
-',5-0
5,357
80
Oswego
182,000
215.OO0
21.000
3.000
8t. Lonis
538,094
511,084
96.030
3,320
12.019
Boston
212,640
137,200
16,324
Toronto
70,321
2.400
38,101
400
Montreal
83.214
700
30,609
33,570
342
I'hiladciphla
849.150
3O9.O0O
I'coria
63.451
276,046
93.081
714
39,4411
Indianapolis
134,200
17,800
22,550
15.700
Kansas City
190,190
54,276
5,907
3,214
tbiltimoro
1,928,010
499,857
shipments...
Itail
562,620
460,161
023.699
8,203
50,494
Lake shipments.. 2,112,412 2,465,728
11.640
40.3OO
in Canal (est.) ...
2,548,000 1,626,000
45,000
82.000
•

-"

.. 16,026,837 12,110.032
.15,189.594 11,436,314
..14,352,416 11,099,554
July
..14,696,28110,068,258
July 19/79... ..13.473.847 10,796,086
Aug. 17, '78... .. 7,740,736 9,295,459

Total

Aug.

Aug.

9, '79....
2. '79....
26, '79....

.

«amo

Wheat
Corn

bush.

Oats
Barley

Kye.._
Total grain.

..

.

45,250,614
61,030,293
18,672,029
2,482,802
2,260,832

41,167,288
61,238,131
17,876,061
3,087,242
2,546,455

13,396,867
51,497,426
12,188,278
2,801,327
1,397,962

28,789.561

129,696,570

125,915,177

81,281,860

97,103,416

49,233,0(10

14,933,314
3,036,997
1,150,511

Total receipts (crop movement) at the same ports from Aug.
to Aug. 16, inclusive, for four years:
1879.

1878.

bbls.

365,474

271,559

1876.
270,983

1875.
272,575

bush.

7,985,146
8,002,186
2,610,141
58,400
478,994

7,160,301
8,733,978
3,315,020
156,361

3,105,342
8,799,831
1,542,411
82,145

487,146

458,035

2,345,426
6,838,712
1,146,606
66,558
163,095

19,134,867

19,832,806

13,987,764

10,550,397

Flour

Wheat

1

Corn
Oats
Barley

Rye
Total grain

....

Comparative shipments of flour and grain from the same
ports from Jan. 1 to Aug. 16, inclusive, for four years:
Flour

Wheat

bbls.

bush.

Corn
Oats
Barley
Rjra
T»tftljrain

....

'

1879.
4,285,853

1878.
3,602,625

1877.
2,443,764

1876.
2,438,213

41,699,567
53,927,585
13,988.038
2,079,915
2,027,953

34,820,223
52,662,145
11,412,014
1,628,884
2,010,956

27,562,557
45,461,774
13,440,121
1,250,575
1,050,783

27,462.913
45,306,371
13,122,062
1,271,068
940,091

113,723,058

97,534,222

88,765,810

88,103,405

Bail and lake shipments from same ports for the last four weeks:
Week
Flour,
Wheat,
Corn,
Oats,
Barley,
Rye,
ending—
bbls.
bush.
bush.
bush.
bush.
bush.
Aug. 16
134,847 2,675,032 2,925,889 635,335
8,263 90,991
Aug. 9
176.4S3 2,867,386 1,982,877 621,347
8,962 108,183
Aug. 2
144,389 2,252,803 1,929,511 491,750 11,602 110,137
July 26
150,463 3,253,115 1,301,494 501,823 18,553 82.137
Total, 4 w'ks. 606,182 1 1,048,336

8,142,771 2,253,255

47,380 392,051

Tot.4wks '78 463,684 6,300,591 9,006,984 2,354,362 44,589 354,395
Receipts of flour and grain at seaboard ports for the week

«nded Aug.

16:

At—

Now York

Flour,

Wheat,

bbls.

bush.

124.318 2,222,972
50,993 320,986
2,800
9,793 563,516
11,490 1,243,800
15,126 1,190,800
1,010
69,518

Boston
Portland
Montreal
Philadelphia
Baltimore
New Orleans

Corn,
bush.

Oats,
bush.

Barley,
bush.

910,722 310,964
151,415 102,300
5,200
1,600
38,228
4,328
248,500 61,100

Rye,
bush.

5,600

61,380
1,200

438

57
1,000
2,600

Total week
215,530 5,611,622 1,451 ,165 544,792
6,038 66,237
Previous week... 226,190 6,449,072 1,433,944 431,661
4,200 83,438
week '78.... 198,717 3,623,595 2,074,712 647,422 12,228 60,874
week '77.... 199,721 1,234,332 2,788,989 378,198 37,883 149,951
And from Jan. 1 to Aug. 16, inclusive, for four years:
1879.
1878.
1877.
1876.
Flour
bbls.
6,115,930
5,265,346
4,086,241
5,659,121

Cor.
Cor.

Wheat

bush.

Corn
Oats
Barley

Rye
Total

71,161,219
72,789,228
13,200,000
1,751,295
2,362,223

50.399,260
72,761,546
13,097,135
2,450,110
2,728,529

8,738,813
53.012,554
10,388,121
2,107,836
905,499

27,660,062
54,471,357
15,251,170
2,020,219
360,742

161,266,965

141,439,490

75,182,823

99,763,550

Exports from United States seaboard ports and from Montreal,
for week ending Aug. 16

From—
New York
Boston
Portland
Montreal
Philadelphia..

Baltimore

Flour,

Wheat,

bbls.

bush.
1,438,761
168,028

55,517
19,279
12,395

425',816

200

788,585

9,127

1,084,863

Corn,
bush.

393,934
82,458
52,982
43.577
85,228

Oats",

bush.

3,243

Rye,
bush.
73,335

Peas,
bush.

1,273

25

Total for w'k 96,518 3,906,056
653,179
3,268
Previousweek. 100,264 4,536,417
977,339
9,212
1 wo weeks ago 116,375 4,554,206
929,218
9,709
Bamo time '78. 80,906 2,669,261 1,261,364175,690

1,273
73,335
49,749 33,849
12,273 74,262
66,872.58,755

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
1,805,0:; 1

493.900
479.114
462,436
HIM. 398
311.713
581.821

THE DRY GODDS TRADE.
Friday, P. M., Aug. 22, 1879.
active jobbing trade not

The past week has developed a more

only in this city but at Chicago, St. Lonis, and other important
distributing points in the interior. There has, consequently,

been an improved demand at first hands for both domestic and
foreign goods, and the volume of business has proved fairly
satisfactory.
Transactions in staple cotton goods were mostly
confined to relatively small parcels, and men's-wear woolens
ruled quiet (as is invariably the case between seasons); but
there was a liberal movement in prints, ginghams, dress goods,
shawls, skirts, underwear, hosiery, fancy knit woolens, and
other fabrics adapted to the fall and winter trade. For imported
goods there was also a moderately increased demand, and dress
goods, silks, velvets, linen goods, &c, were severally in fair
request, though not really active.
Domestic Cotton Goods. The exports of cotton goods from
this port during the week ending August 19 reached 2,051
packages, shipped as follows: Great Britain, 1,033; U. S.
of Colombia, 625; Hayti, 109; Venezuela, 102; Brazil, 47; BritBrown cottons were in fair demand
ish West Indies, 41; &e.
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 all the best makes. Corset
jeans were quiet and steady, and cotton flannels more active in
Ducks, denims, ticks, stripes, cheviots, plaids,
jobbers' hands.
&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
56x60s. 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
eassimeres, 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, though by no means active, demand, and prices ruled
steady. Kentucky jeans remained slugglish, but stocks are well
Satinets were in
in hand and prices firm on all the best makes.
Worsted and
strictly moderate request at unchanged prices.
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 ruled steady.
Foreign Dry Goods.—The demand for foreign goods— though
somewhat irregular has on the whole been more active. Cainmeres 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 tha
finer qualities remained quiet, and nvllinery sdks 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. Tha
auction rooms presented no special features of interest, and tha.
sales wer» only moderately successful,

—

——
...

,

...

——

...

..

THE CHRONICLE.

206

Importations of Dry Goods.
The importations of dry goods at this port for the week ending
21, 1879, and for the corresponding weeks of 1878 anc
1877, have been as follows:
ENTKRED FOB CONSUMPTION FOR THE WEEK EN1MNG AUG. 21, 1879.

Aug.

Pkgs.

Pkgs.

Value.

Manufactures of—

686
895
541

Bilk

Flax
Miscellaneous

4,440 1.714.867

Total

780
963
604
656
486

316,449
250,045
387,059
150,483
111,543

1,033

3.449 1,215,579

4,339

552,550
290,458
484,171
219,227
168,461

1,275
1,043

997
674

593

INTO THE
INO THE SAME PERIOD.

Manufactures of—
565
274
115
308
518

Cotton
Silk

Flax
Miscellaneous

801
313
158
401
34

244,495
90,096
105,272
63,651
22,978

1,780 526,492
4,440 1,714,867

1,707 605,378
3,489 1,215,579

Total on market

6,220 2.241.359

5,196 1.820

. .

1

..354,789

MARKET DUB221,531
88,186
74,077
60,894
13,546

458,234
1,581
4,339 1,554,789

~

5,9202,013.023

ENTERED FOR WAREHOUSE DURING 8AME PERIOD.
Manufactures of—
612
448 186,770
534 231,192
Wool
111
91
478

Silk

107

Miscellaneous

206

32,162
64,301
110,902
17,056

314
41

Ashes
Beans
Breadstuffs—

6.549 2.122.1C8

4,705 1,706.822

5,675 2.126.058

.

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.

Cotton
Cotton seed
Flax seed
Grass seed
Hides
Hides

Earthenw
Glassware

Glass plate.

Buttons
Coal, tons..
Cocoa, bags.
Coffee, bags.
Cotton, bales

Drugs, Ac
Bark, Peru.

.

Oil, Olive..
Opium ....
Soda, bi-cb.
Soda, sal...

466

value.

15,426
37,336
40,784
2,086
4,229

Cigars

500

598

Lemons

2,823

2,918

128,79a

119,535

Oranges
Nuts

cloth

Hair
bales

Ac-

Bristles

.

.

Htdes.dr'sd
India rubber
Ivory
Jewelry ;Ae r
. .

.

Watches

.

.

426,622

3,2>13

•

1,026
"

1

1,720

Metals, AcCutlery ...

Ac-

Fruits,

.

.

.

212,968
04,533

...

Ginger

..

..

.

.

2,628

435
_

.

56,962
91,837
21,717

Cork

342

Logwood
Mahogany
.

345

$
943,332
41,002
492,165
253,418
1,017,117
1,319,287

508,434
401,140
7,147,720
190,644

224,879
93,003
320,377
195,709

283,124
151,040

325,545
91,354
451,683
131,903

284,461
29,547
462,876
43,655

Exports of Provisions.

120,285
41-,O0a

,

The

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
distribution:

To—
Liverpool

London ;
Glasgow

-

Pork,

Beef,

Lard,

bbls.

bbls.

lbs.

626
50
25

.

Bristol

.

223
605

38

Hull

.

Hamburg
Bremen......

Antwerp
Havre

Lisbon
S.AC.America
.

Brit. Col

10

40
15

1,323,050
11,160
98,500
45,000
27,500
413,200
112,000

.

Cheese,

lbs.

lbs.

5,720,073 1,465,752
216,575 706,340
796,375 337,920

341,225
479,275
95,000
116,375
1,035:500

555,540
689,520

1,435,967

1.190,695

4,200

66,400
22,000
677,680

299,250

.

.

'"a:
4,347
893

713

Total week
Previous w'k

6,784
6,055

363
165
2,213
3,314

502,641
1,437.897
25,036
4,110

2,550,253
131,087
31,857,564
2,130,692
23,285,533
7,887,553
2,765,339
458,647
499,938

1,215
45,304
198,507
15,716
1,686
264,385
11,840

1,973
50,914
252,558
13,033
1,438
279,504
11,247

440
2,318

647

bags.
bags.

12,460
731
5,426
1,679
1,591
78,937
4,953

No.
bales.
bales.

Hops

sides.
pigs.

Molasses
Molasses

hhds.
bbls.

6

bbls.
Turpentine, crude
Turpentine, spirits... bbls.
bbls.
Eosui

2,356
6,010

1,132
16,585
7,144
5,501

122,998
120,013
81,978
50,536
2,654,822

18
112,631

Naval Stores-

Tar

759
250
352
50

bbls.
bbls.

Pitch

cake

pkgs.

Oil, lard
Oil, whale

bbls.

gall

Peanuts
ProvisionsPork
Beef

bush.

1,340

67,984

48,656

pkgs.
pkgs.
pkgs.
pkgs.
pkgs.

1,632

170,829
25,332
1,168,258
887,712
1,490,268
326,422
513,088
41,832
49,869
24,748
62,816
19,197
1,373
30,439
63,854
105,320
57,319
176,811
81,318

174,283
36,651
837,761
738,426
1,850,024
350,245
526,774
28,161
19,807
19,664

kegs.

502
45,059
29,529
86,779
5,611
7,954
1,069

Hogs, dressed
Bice

No.
pkgs.

459

Spelter
Stearinc

slabs.

Cutineats

Butter
Cheese

bbls.
tcs.

A bbls.

122
138
253

pkgs.

Sugar
sugar
Tallow
Tobacco
Tobacco

bbls.

hhds.
pkgs.

boxes

1,326
5,366
4.L88
3,379
1,013

A eases.
hhds.

Whiskey
Wool

bbls.
bales.

14,662

650
14,786
52,543
121,231
97,349
124,411
60,465

•

_

.

Exports ot Leading; Articles of Domestic Produce.
The following table, based npon Custom House returns, shows
the 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, tcr the same day, and for the
corresponding period in 1878:

Week ending
Aug. 19.

Beeswax
Breadstuffs
Flour, wheat
Flour, rye

bbls.
bbls.

71,566

Corn meal

.bbls.

Wheat

bush.
bush.
bush.
bush.
bush.
bush.
pkgs.

3,082
1,702,146
74,578
3,980

'

:

Coal:

'.

Cotton

'

tons.
'.bales.

Domestics

pkgs.

Hay

bales.
bales.

Hops
Naval Stores— >..
Crude turpentine

Tallow,
•

lbs.

89,100

Tar

bbls.
bbls.
bbls.
bbls.

Pitch

bbls.

Oilcake
Oils-

cwt.

.

—

gals.
gals.
gals.
-gals.
gals.

Lard....

206,800
110,000

256

3,058

540,130
1,193
1,072
9,922
2,051
1,885

849

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

1,870,908
4,535
103,318
32,732,163
2,502,768

369,190
101,870
233,863
21,621,809
38,724
50,396
180,703
81,413
44,773
19,278

Linseed
Petroleum

'.

Pork
Beef
Beef
Cutmeate...

bbls.
bbls.
tierces.

Butter..'

:

Cheese

Lard

.'

2,

8,292

28,449.

7,535,718

...lbs.
..lbs.
lbs.
lbs.

6,002

899
1,079
9,192,248
839,008
3,299,956
4,500,081

bbls.

477

Tallow.. '.....•....:....:...lbB.
hhds.
Tobacco, leaf. .
bales ana cases.
Tobacco
Tebacco, manufactured, lbs.

1,132,673
1,950
1,023

Bice....:

:

.

.

Whalebone

last year.

978
170
119,534
'

1,547.547
3,134

142,394
28,253,828
2,617,823
2,194,021
1,516,149
306,309
18,631,995
29,689
36,207
272,961
981)689

42,081
37,515

'.

lbs.

135
11,365

100
285
885
102

6,513
116,721
4,856
3.360
1,018,699

.

Whale
Sperm

Same time

,

Spirits turpentine...

-

1,

98
28,678

lbs.

Bye.
Oats
Barley
Peas
Corn
Candles

Since Jan.
1879.

1,046

bbls.
bbls.

Ashes, pots.
Ashes, pearls

Provisions

72,125
15.30S
207,027
11.609
3,787

3,182,664
105,491
34,598,500
1,487,855
25,427,607
6,632,654
2,326,007
239,217
441,829
16,158
19,188
97,143
141,105
89,842
47,431
2,690,813
448,463
4,941
75,438

bbls.

oil

Rosin

Bacon,

......

pth'rcountr's
.

75
50

.'"25

"To

Marseilles....
Italy. .......
Cont'l ports..

West Indies

041

.

128,265
1,845
2,431,075
78,094
846,212
359,925
51,596

35,322

Wooas—
Fustic

3,101

.

Hardware

68,842
111,884
31,865

969,848
1,416,983
432,484
421,281
6,845,152
239,823

1,553, Pepper.. ..
341' Saltpetre ...

412
300,313
75,443

Linseed
Molasses

Fish

I

1,389,137
526,669

$

Ac—

30,730

979,230
454,877
32,585
329

848,819
46,364
545,739
251,506

Corks ......
Fancy goods

Raisins
886' Hides, uudr.
3,035
27,507' Spices,
1,093 Cassia

934

.

Jewelry

500,400

.

817

-

Flax
Furs

Hides,

4,280
717,765
28,042
673,359
7,452,193
84,094

Ac—

8,915
39,038
41,724
1,927
5,980

Soda, ash..

Hemp,

6,622
1,169,597
48,102
887,631
9,537,592
85,873

23,904 Tobacco.. ..
10,841 Waste
1,480 Wines,
12,821 Champ'gne
2,219
baskets
4,598 Wines
2,680 Wool, bales.
27,416 Reported by

27,786
11,938
2,305
30,872
3,730
4,207
1,963
30,434

Gum, Arab.
Indigo
Madder, Ac

Gunny

.

Tea

Blea. powd.
Cochineal..
.

8,160 Lead, pigs
23,182 Spelter, lbs
141,789 Steel
14,460 Tin, boxes.
3,492 Tinslbs.,lbs
5,723 Paper Stock.
79,380 Sugar, hhds,
15,939 tcs., A bbls.
1,019,668 Sugar, boxes
3,418 and bags...

8,517
24,105
133,816
21,277
3,150
6,270
33,125
20,823
1,447,508
9,901

.

Glass

Gambier

Ac-

Metals,

China

bush.
bush.

last year.

2,867
46,740

bales.

Eggs
Lard
Lard

1878.

1879.

China, Ac.

bush.
bush.
bush.

:

Corn
Oats
Barley and malt
Peas

Oil

Total at the port.

bbls.
bbls.

bush

Same timo

4.247
42,581

bbls,

Flour, wheat
Cora meal....

Since Jan. 1,
1879.

68
433

bbls

Lead

2,210 567,349
4.339 1,554,789

491,243
1,216
3,489 1,215,579

411,191
1,235
4,440 1,714,867

Ent'd for consumpt.

Aug. 19.

Leather

233,712
81,770
92,376
110,034
49,457

296
113
713
476

65,936
105,868
79,489
8,758

91

Week ending

Wheat
Bye
560
279
98
290
354

321,405
76,711
107,794
80,400
19,068

En I'd for consumpt.

468,239
290,813
463,921
198,183
133,633

1,042

WITHDRAWN FROM WAREHOUSE AND THROWN
Wool

corresponding period in 1878:

$

$

$

Wool

Value.

Pkgs.

Value.

Receipts of Leading Articles ot Domestic Produce.
The following table, based upon daily reports made to the
New York Produce 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 export*)
also the receipts from January 1, 1879, to that day, and for the

j

1879.

1S78.

1877.

[Vol. XilX.

140,132

201,436
95,562
801,945
6,741
150,654,813

154,732
33,410
36,098
388,097,448
20,035,494
89,276,318
163,810,453
10,421
44,029,526
35,175
17,618'
4,333,173
40,510

158.-516

5,566
4,068
1,386,930

281,126
450,043
864,401
4,542
118,137,858
'

159,687
32,595
40,615
321,419,618
12,867,905
91,022,336
182,051,732
14,702
48,928,390
66,665
48,861
4,011,279
85,789

August

THE CHRONJCLE.

23, 1S70.1

UENKKAL
PRICES OUftKENT

GUNNlt£».— See report nnder Cotton

A8BBS-

)>.

Pot, a«orled

North River ahlDP'ns

2 83
1 oO
22 (HI
1)01.
9)
bbl.
10
10
It. 40 00

Croton
Philadelphia
Rockland. finishing
f.umJ>«r-Plne,g'd to ex.dry*

M

18)0
Pine, shipping, box
22
do tally boards, com. to g'd.eech.

Oak

* M.
Alb. good
Blaca walnut
Spruce boards * planks, each
Hemlock boards each

It.
.

85 00
33 00
13 00
13
'4

,

VM.rt.2000
Maple
*au«-:09«0d.crm.ren.* »b* keg ...
3 35
Clinch, lx to Sln.Alonger
Sdttne
Cntsplkes.allslzea
Faint*— Ld.,ln oil, com .price. V ».
Lead, dry, combination, piled....
Zinc, oxide, dry....
Bine, Frcocb, green sea!
Parlswhlte.Kr.a.CllBs o.e»U«9.
State, palls

4

"

flat,

fa'rto fine

60 00
22 00

a
a 43 00
8 45 00
alSv 00
a 33
• Id
94300
9 3 S3
9 4 10
9 81
>'
a
9 ....

f
fXi

9

123

SX

9

140

D.4H.

Hew-

Auction.
JnlySO.

butg.*

Hoboken.

Egg

'.I'-i

3

3
8 00
....

L.

* W.

Schedule.

An*. >3.
Port
Wcehawkoa. Johnst'n.
t

«2 211
3 20
2 30

..

2 10

81 10

2 23

5

AuctUn.

Sfmb...»2.0
Grate.... 3 20

2

2 43

MM

3 TJxea is
2 s;x
250
stove.... 2 ;o
...
2 55 Hi 57X
Uh'nnt... 2 8S
2 3J
* 50 cents additional lor delivery at New York.
w.
are
for
quotations
Wilkesbarre coal.
5 L. &

OOFFEE-

99

Blo, ord. car
dofalr,
Jo

"

NatlveCeyion
Mexican
Jamaica
Maracalbo
Laguayra
St.

"

....9
....9
....9
....9

"

do
do

do good,
doprlmo,
Java, mats

••

24

'•

14

"
"

14
12
12
13

"

Domingo

12
14

'

COPPBRBolts

Sheathing, new (over!2
Braziers' (over 16ox.)

*

o»

B>

American Ingot. Lake
COTTON— See special report.

DISUGS <S DYES—
Alam, lump. Am

*

100

*

*

9

18
17

4

15X

leu

n>

.

9

jiz
3 60

Ir208

....

20
..

125
.8 2100

lbs.

bond).

3

62x9

it

...9

373

1X9

t%

,.

French

do

case.

01
..

9 9
» u.

State, slictd

do

quarters,
Peaches, pared, Ga., good to ch'ce..
unparel halves and qrs...
do
Blackberries (new)

Raspberries (new)
Cherries, piued, dry mlxsd (new)..
l"""n». »'""••••

do

Damsons

*X
20
2
25
40

2 CO
1 02J4J
I

<6
(0
15

6
4 25
....

Matamoras.

do

Rio Grande,
Orinoco,

6 00

li!<9

1,
14X

3

$
9
9
10X9
11 a
8 9
a

11
5 50
16

sua
3x9

99
8

a
;uS
23

a
a

1

47X

IX

«H
is
5t£
16
....

uw
11

4

Para,

5
13

4

j
23

•20

W 9

M

••

s

Calcutta, buffalo

Yorks, new crop, low to fair..,
new crop. med. to choice

7

do

K astir 11

,.

Western
growth*

—

10
•

8
8

3

„,,,

9
11
13
10

»x
9
19
11

S

a

10

si"

Bar, Swedes, ordinary sites. ,.f> lb
Bar refined, Knc. and Amer.per ton.
Sheet, RUBBla,8 to 14
*»

American, at tide-water
Steel rails, American, at tide water.
Ralls,

9
«
9

00
'.9 31
18 00
21 30

a
:!Xa
39 On a
49 10 9

100 lbs.
•

V

c.)

9.

Hemlock. nuen,A'res,h.,m. *!.»»,
•
California, h., m. A
'*
common hide, h., m. 4sl...,
'*
rongh
Slanghtercfop
Oak, rough
Texas, crop

9

20

a

19

•••••

»

gal.

is
24
23
20

"
"
"

50 test

Barbadoes
Demerara
Porto Rico
50 test
do
N, O.. com. to choice
Tar, Washington
Tar, Wilmington

"

3d

1,1

40X

;:;•>

....«

"

24
34

25

a

.»

.

bbl.

10

9

I

1 10

9

1

1

....9

Spirits turpentine
V gal.
Rosin, strained to good strd.V bbl.

....«

...

low No. 1 to geod Ho. 1 •'
low No. 2 to good 1'5 2 •'
low pale to extra r-a'e.. M
wlndowglase
5^0

NUTS—

»

Almonds, jArdan shelled
(new)

Fllnerts, Sicily

«1Mi i

1

12*ft

423

9

lb

55

a

,..

....a
....a
11

1

gal.
Vn

"

"
•
*
•
'
'

"

9
8

£3
00
61

26
50
43
33
75
90

a
a
9
9
a

13

1

a
9
9
9

36
03
64
21
75
IS

H

40
73
S3

f

Crude, In shipping order
Cases

gal.
'

»

Refined

;

"

PROVISIONS—

9 bW.

Pork, mess, spot....
Pork, extra prime...
Pork, prime mess, West
Seel, pain mess
Beef.extra mess
Beef hams, Western
Bacon West, long clear

•»

"

"

"

9 9

,

3

kii*

8 75

5

"

10

Lard. City steam

"

5S5

Carollna, fair to prime
Louisiana, fair to prime

bond

»».
"
* IOC 9

fine

per 100

lb.

"

Tavaaams. No.

....

UXl
....

m
23

2 50"

6

9

9

5 23
8 50

SJ

5 50

5 25

9

a

3

62X

5 15

6 00

025

us

«

t

-,itl

"
"

••

I

6?9

%.

>i

17
25
as

to fair.

....

10 one.

m«

Interior
»

Smyrna, unwaahed

dm

iS.

12

a

15

f

a 45
....
81 » I»
11 8
—
M a
1
82 8
S4 *
3) a
Si <>
18 8
24 8
j
M 8
IS 8
15 8
....8
...
21 8
JO
<f 8
™ 8 »
is 8
1*

Extra, Pulled
No. 1, Pulled

^»tbam.—
«. d. ». at
8-14»
»
.

«*

72X8

California, Spring Clip—

Burry
South Am. Merlnc, unwaahed
Cape Good Hope, unwashed
Texas, fine, Eastern
Texas, medium, Eastern

•

J
5

4X9
6x9
12
15

work

Superior, uawashed
Fair

IS

If

V «

atn. 5 12X8
"
t 3J 9

99
eon.

a

UX9

"

iort.:.vv. ....»

,,

m

17S«
1.

^^

»bbl.
Heavy goods. .9 ton.
Corn,b'lk*t«gs.9ba.

a
a
9

a ti
ft
m 49
a 10
%»
25
a 34
a 90
a 80
18 «a
.3
21 a
88
31 •
15
12 9
IS
14 a
IS
Nominal.
21
18 a
28 8
!S
83 a
47
17 a
22
82
CS •
S3 a
43
70
38 a
2d
18 «
27 8
85
40 «
30
33 a
70

98
American XX
American. Nos. 1 8 2...
American .Combing and Delaine...

.9 9.

OX
5 13-19

Nominal

23
88
S3
17
80
48
60

U

ToLivaarooL:

7

a

jya

Dark wrappers

Cotton
Flour

&"

a

"

m

O

7«

tug.

iv5
7wJ
7x*

Bright wrappers, common to fine.
cuts, assorted
Yara, land
Havana, com. to line
Manofac'd, In bond, black work

FREIGHTS-

J

3kS
|2g
ixa
tkm
aa<

Virginia LeafLugs, common to fine

6 25

IN

IS

«

"

bright

,?

a

"

».
"

None.

1

Ke-reeled Tsatlees, bestSe-reeltd tanwnCongottn.hs.l...

co

12 io
18 0)

a

....9
....a

99

11

7

••

Banca

"

"•
"lit

4x5

••

Straits

•«

4ti

»«I
gum
eul

••

English .refined

WOOL—

6K9

V

sack.

9 CO

IMft

S1LE-

Nonehere^
Nonehern

a
9
9
9
9

24

Refined, pare
Nitrate soda

a

* bush.

SALTPETRE—
Crnde

a

....

....a
...»
10 23
11 mi
17 73

Hams. smoked

H1CE-

10X

495

«X»

..a

to fair

"

jg
10
••••
....

em
jv,

Super. to flue
Ex. flneto finest
Choicest

Kentucky legs, heavy

«

111!
'i'*

...a

'*

TOBACCO—
9

10M

"I.'a

•'

••

leaf,

PETROLEUM—

9xa

10x8
"2

m

"

Places. l\c.. cose
Plates.cbex. terne, 14x20...

* ton.
City, thin oblong, bags
23 SO
Western, thin oblong (Dom.). "

isu

T

9

liwail
(£2
fay
a j
14

do
Sup. to fine
do
Ex. fine to finest ...
do
do
Uncolored Japan, Com. to lair
Sup'rtoflne
do
Ex. fine to finest
do
Oolong, Common to lair
a .„.
do Superior tonne
do Kl flneto finest
do Choicest
Bone. A Cong. .Com. to fair
Sup'rto fine
do
Bx. flneto finest
do
Choicest
do

nx

a

a

m"

more Prior "

'•

BysouSkln.ATwan.com.

CAKE-

Turk's Island
St. Martin
Liverpool Ashton's

1(4

Imperial, Com. to fair
(.0
Sun. to fine
Kxtraflne toflnest
do

'X

;*a
1

-3

5 00

,

' ia

a
Z

a sw
•

Sup. tonne
do
do Ex. fine to finest
do Choicest

1-0

]f
17

id)

"

do

&H
8

g*

in a

•'

Bunpowder.com

K

•26

1

4 50

OILS-

la

"

4J0

••

do
do

S

g an
•» s»

"

Primeclty
y«U^
Hyson. Common to fair
do Superior to flue
do Kxtraflne toHuest
do Choicest
Young Hyson, Com. to fair

1

3

...../...m

Cotton seed, crude
Olive, in casks V gall
Linseed, casks and bbls
Menhaden, crude Sound
Neatsloot, No. I to extra
Whale, bleached winter
Whale, crude Northern
Sperm, crude
Sperm, bleached winter
Lard oil. Nob. 1 and 2

1

.:

81X4

OAKUM—Navy,U.S. Navy A best ».

Rangoon,

gall,

Coflee, A, standard

80
cO
90

1

,.,„,

Walnuts, Naples
Pecan

OIL

9

TALLOW—

ig

O

23

"

Pitch, city

Brazil,

P

h

"C"

20
24

•*

§

:.!

"

ExtraC

a
a

'I**

J

nn
• M
M a on
130 I
I 80

t

••

offA
do
WhlteextraC

NAVAL STORES—

•

••
••

Yellow

Cuba, clayed

••
••

gall.

Nos.oall
R'Jlned- Hard,crushed
Hard, powdered
do granulated
do catloaf

31
29
32

a

MOLASSES—

#i

9

Brazil,

2.

"H

ii,.

Manila, sup. and ex. sap
Batavla. Nos luaU

2'W

a
9
•
&
29
25
29

..••

••••

J

,

23
22

19*8

1

SIU
siO

••••

;

;.;„.

Inferior to common refining.... a ».
••
Fair
•'
Good refining
Porto lilco. refln fair to prime "
Boxes clayed, Nos. 10812.
"
Centrifugal, Jios. 78ir
"

5
6

9 Oj

IjllT

Melado

una
....a
... a

«

a

S*2

SnGAR—

19 00
13
4) 0)
5J 00

....a

LEATHER—

Cuba, Mas.,

"

American blister
American cast, Tool
American castsnrlng
American machinery
American German spring

21 (0
2) 30
2) 10
23 '0

LEAD—
*.

....

a
™

m

Engllshb[lster,2d*lstqnallty.. ••
•«
English machinery
English German, 2d A 1st quality •

9
Btort Prices,
4v
9

17 50

itv

"5

English, cast,2dAlsiquality ....99
English, sprlng,'2d A istqnallty.. "

IROK-21

11
ii'"

|

J

Whiskey

....a
ton.

JIB

J

Alcohol, cuiy laid

$$
...a
*

1

at

i;i>T
};'<•

•

;

STEEL—

Pig, American, No. 1...
Pig, American, r«o. 2 ..
Pig, American, Forge
Pig, Bcotch

00

a B

Brandy, foreign brands
Rum— Jam. ,4th proof
St. Croix. 3d proof
Gin
Whiskey, Scotch
Irish
do
Domestic llqunrt—

!2

Honduras, sheet
Mexican, sheet

Ordinary foreign
Domestic, common
Bar (discount, 10 p.
''
"
Sheet

3

Mace
Nutmegs, la-g<
imall
do
Pimento, Jamaica

.'.':%

'

Carthagena, nressed
Nicaragua, afreet
N lcaragua, scrap

9. *(»

SPIRITS-

11

«*%
my»

Panama strip

»*

...a

3

cloves
do stems

INDIA RCBBKRPara.flne
Para, coarse
Ksmeralda, prebsed, strip
Guayaquil, p*-essed, strip

X

1 In

,'*"

rtrll.cl

Pepper, Batavla
no
Singapore
do
white....
Cassia, China Llgnea
do
Batavla
Ginger, African
do Calcutta

10

a
«
a
a
a

4

D niestlc
SPICES—

•I0X
21V.
13
12

a
a

9

HOPSNew

SO

1

10

2
w
4|u«

I
|

m

'.9)

common

Dotnnstlc.

20X

Ms

"

a
S
Z
a

Ill

foreign:

Furelgn

»H«
8*9

••

I

2 10

1

BPKLTER-

9

17

Texas,
do.... "
A. I.itoct— CaL.slaoght.coir. "
•'
Calcntf, dead green

Tsatlees, No. 2

IB

•*

•'

do....
do....

California,

,

'is

**

..

"

'5

»

if
s»

I

1*0

'.".'.'.'.'.'.'.

.'.'.'.

9
19X9
9

'*

"""*

Dmch

.

9

31
2J

husk.

flaxseed, American, rough
Linseed, Calcutta
„.. a
tj
Linseed, Bombay
..*ll».

n a

"

IfuiA'ttlMd-Buen. Ay. selected

Naphtha, City, bbls

1 6-'x

49

new

7J/

9
132X9
7 a
10

Dates

do

9

23
no
30
30

4)
<j

4X9
5X8

new

3 15

115

3 30
1 43

Layers
Loose

6W

9
9
22 9
23 a
24 a
25 9
6xa
4 a
19 a

Ratstas, Seedless, per 501b. frail

I

16

13

TROIT—

naif

-.9

1 0j

a
9

V

5.1

5*9

5 00

*

....

9
V3X4J
13 9

3 10

V quarter box
Macaroni, Italian .,
Domestic Dried- Apples, Southern, sliced
do
do
quarters

33

t)

Gr'd Bk.A Beorge's (new) cod.a qtl.
Mackerel, No. l.M. shore
pr.bbl.
Mackerel, No. 1, Bay...
Mackerel, No. 2 Mass. shore
mackerel. No. 2, Bay

Sardines,
Sardines,

I2x

21,9

F18H-

Klgs,

3 00

31

per 100
••

Canton Ginger...

1CX

9

21 a
Prusslate potash, yellow. Am
34 9
Quicksilver
3 30 a
Quinine
35 a
Rhubarb, China, good to pr
*li«JB.
... o
Sal soda, Newcastle
a*.
IS
Shell Lac. 2d 4 1st English
a 100 B. 155 a
Soda ash
9
sugar of lead, white, prime.. .. Vfb
9
Vitriol, bine. common
5X9

do

31
32
34

8 30
1

California.

do....
do....
do....
do....
do..,.

a

Oil vitriol (66 Brimstone)

Valencia
Currants
Citron
Prunes. Turkish,

17

35
*gal
90
100 ». 8 2]
3 50
"
15 6'2>,a 15 73
57
69

Madder, Dutch
Madder, French
Nntgalls, blue Aleppo

do
do
do

17

9
9
9

Glycerine, American pure
Jalap
Licorice paste, Calabria....
Licorice paste, Sicily ....-"
Licorice paste, Spanish, solid

(in

ux

9
9
9
9
9
9

Cream

Opium, Turkey

15%

a>

12
21

per ton.
...*».

*
Caustic soda
Chlorate potash
Cochineal, Honduras, silver
Cochineal . Mexican

Qluseng

16

a

39

refined
Castor oil, B.I. In bond

Gambler

9

!7X9

1

SB.

Camphor

tartar, powdered
Cubebs, Hast India
Catch

B.
lb.

»t00B>.

Bleaching powder
Brimstone, 2n Is &3r.le
Brimstone, Am. roll

;fj
25x

9

i-<a

Aloes, Cape
Aloes, Barbadoes

Arsenic, powdered
Blearb.soda, Newcastle
BIcbro. potaBh....

ip,
ijc,
14

10XA

'

"

Savanllla
Costa Rica

Montevideo,

Hemp,

m

Dru-Buenot Ayres .selected *».
Corrtentes,

Canary,

lu
4}

iJJi

llanary. slcfly
Can*rv. Ho4i,i»h

1U00

uva

s>.

s>

»

-

1K«

Jute

Yearlings

9
9

CO*
10*
Old
00]

145
1.5
110
189

Sisal

Olds, all

prices at
names Imthe figures indicate the places of

Schedule.

y ton.

.>».

ns

11009

D.L.ftW.

Clover, w«eN»rn......
Clover. New fork Slate
*bJ
J2«?
a
Canary,
Smyrns

so

I.

Manila

16x

9

will show
last auction or present schelule rates; the

Fenn.

1

Italian

14

9

Llverpoolgat cannel
Liverpool house cannel
Ajttbraoitk— The following

mediately above

.11

American dreaeed
AmertcaL undressed

12X9

4X1
4x9

COAL-

delivery:

AMi

I-

9

45

HIOEB-

....

»

Ohio

....

IX 9

11

99

HftO
26 00

S

0>.

State factory, fair to prime

7 33

2

1

West'n creamerygood to prime "
Welsh, Stale, fair to choice.... "
Western da.ry. lair to choice.. "

CHKKBa-

8
8
9
8
8
8
a
a

4

Prices)—

tubs, fair to chce.f)

KM

•

10U

«•

Russia clean

BUILDING MATERIALS—
Bricks— CommoD bard, afloat..* M

BUTTER— (Wholesale

4*

4* »

report.

Qtment— Hosendaie
V
Itime— Rockland common....?

SKI OS-

HAVII

IlKKAKsrilKKB— Son special

207

—••*^*J(.~-»
,•«
7-a

.

0Sf ....a
JH« „...
2J0 8»0
l*-i v —2 I

29
S10

850
•»

i

;

•••••

—

t

:

M

:

THE CHRONICLE

208

STOCKS

BONDS

and
of

all

The General Trans-Atlantic Company's

classes of

Mail Steamships,

m

BIVLLER

II.

NEW

PINE STREET,

ALBERT

SON,

A.

YORK.

NICOLAY, Auctioneer

II.

and Bonds

Stocks

&
And

NEW YORK AND HAVRE.
The splendid vessels on this favorite route fsr 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
Wed., Sept. 3. 6:30 A. M.
CANADA, Franguel
Wed.. Sept. 10, 12 M.
LABRADOR. Sanglier

PRICE OF PASSAGE, (Including wine):
To Havre— First cabin, $100 second cabin,

We hold our Regular Auction Sales of

all

classes ef

$65

;

third cabin. $35; steerage, $26, including wine, bed-

ding and utensils.

AT AUCTION.

n .m
available

Return tickets at very reduced rates,
twelve months.
For passage and freight apply to

EVERT MONDAY AND THURSDAY,

'

"AWNING

NICOI.AY Sc CO.,
St., New York.

II

No. 43 Pine

United States Bunting Company.
A fall supply all Widths and colors always in stock.
No. 109 Duane Street.

Hong Kong &

Shanghai
Banking Corporation,

Agent, 55 Broadway.

&

F. Gilbert

No, 16 Broad

Co.,

(near Wail),

NEW

Stocks boaght and sold on the
YORK STOCK
on a margin of 3 percent, If deBlred
Equal attention given to small and large Investments.
Any Information given personally or By mall. First-

EXCHANGE

For West Indies and South America, Calling at
the following ports, viz.: Kingston (Jam.), Cape
Hayti, Gonalves, St. Mare, Port au Prince, Aux
Caves and Jacmel. in Hayti Santa Martha, Savanilla, Carthagena and Asplnwall, in Colombia; and
Greytown, Nicaragua.
Regular Fortnightly Sailings from Pier No. 51

North Riveras follows
For Hayti, Colombia, Greytown, Port Limon, Aspinwall, Panama, and South Pacific Ports
Aug. 27IAILSA
ANDES
For Kingston (Jam.). Hayti and Marucaibo
:

New York,
DEALSK IN
LOUIS CITY A COUNTY BONDS
St.,

ST.
AND ALL CLASSES OF
INVESTMENT & MISCELLANEOUS SECURITIES
Kefers by permission to W. S. Nichols & (Jo.. Bankers

B.

— —

Street,

New York

Boston Agency,

1

Centbal Street.

S

:

George

Eustis

tiller ton

New

mills,

43

&

NEW
45

From Various
YORK,

WfilTE Stbeet.
23d

Mining

order.

BOSION,
ChadaoxT

JOHN W. MASON & CO.,
43 Broadway, New York.

ST.

PHILADELPHIA,

W. DAYTON,

for

purposes manufactured to

Mills.
15

FLAT STEEL AND

IRON ROPES

Hosiery, Shirts and Drawers

Chestnut Stbeet.

George A. Clark

&

Insurance.

Bro.,

MARINE AND INLAND INSURANCE.

ORIENT
Mutual Insurance Co.
MILWARB'S HELIX NEEDLES.

Co.,

D wight &
MANUFACTURERS OF

&

Co.,

No. 11

SODA.
New
Old

Slip,

The Jobbing Trade

ONLY

York

1

John D. Dix,
Charles Munzinger,

E. H. R. Lyman,
Henry R. Knnhardt,

Walter Watson

Hugh

Auchiocloss,
Lawrence Wells,

Henry E. Sprague,
John Welsh, Jr.,

Wil.iam Pohlmann,
Alexander Hamilton,

Lewis Morris,

F. Ca-y, Jr.,
Carl Vietor,
Ramsay Crooks,
Arthnr B. Graves,
H. L. Chas. Renanld,

LOUIS, MO.,

EUGENE
ALFRED

A\

Government, State, County. Township
and Municipal Bonds. Coupons collected. Missouri
Bonds a specialty. Foreign exchange bough and sold.

Lawrence,

Alex.

Edward F. Davison,
Henry DeB. Routh,

W.

Supplied.

M

George Mosle,

Constantin Merelas,
Carl L. Recknagel,

No. 305 Olive Street,
sell

December, 1878,

$1,123,270 63.

TRUSTEES.

Co.,

SUPER-CARBONATE

CAPITALI$200,000.,

Assets, 31st

BROADWAY, NEW YORK.

John

BANKERS AND BROKERS,
ST.

are cut.

AND

LOUISVILLE, KENTUCKY.

Buy and

constantly on hand from
which anr desired length

Atlantic Cotton Mills,
Saratoga Victory MCg Co.,

Co.,

W. Norton &

Keleher

In.
cllned Planes, Transmission
of Power, Ac. Also Gal
vanlzed Charcoal and BB fo r
ships' Rigging, Suspension
Bridges, Derrick Guys.Ferry
Ropes, Ac.
A large stock

AGENTS FOR

400

F.

CHARCOAL

OFFICE OF THE

&

BANKING HOUSE OF

P.

A 'NTS

New York Agency,
Jb.,
59 Wall St.. N.Y

STEEL
IRON ef

Mills, Chlcopee Mfg Co.,
Burlington Woolen Co.,

J.

CINCINNATI, OHIO.

CASH

II

<

superior quality
suitable for MINING AND

BROKERS,

G.

Co.,
Hit

Wire Rope.
AND

Washington

and Coupons

Investors or
dealers wishing to buy or sell are Invited to communicate with us.
Member of the New York stock Exchange.

N. Y.

HOISTING PURPOSES,

City,

SPECIALTY.

State, Municipal and Railway Ponds
bought and sold at best market rates.

ST.,

MURRAY TORRES. V 8.W.POMEROY

J.
SO

E. R.Mudge, Savvy er& Co

Manning,

SOUTHERN SECURITIES
A

&

Commercial Cards.

BANKER AND BROKER,
No. 14 Wall

Russell

B.Waii,

AND SHIP AGENT
Hong Kong, Canton, Amoy, Foochow
Shanghai and Hankow, China.

ICLAR1BEL.
7
Superior flrst-class passenger accommodations.
P1M, FORWOOD & CO., Agents,
No. 37 Wall Street.

ALPS

Alden Gaylord,

John

Jb.,

COMMISSION M

class references.

33 Wall

Office,
AOKXT,

S.W POMEROY

:

St.

BANKERS AND STOCK BROKERS.

J.

Hong Kong.

Head

Atlas Mail Line.
;

H.

STRIPES.'

Also, Agents

10T

Onr Established Days 28 Years, _g3
Or Special Sales on other days when required.

kinds of

all

COTTON CANVAS, FELTING DUCK, CAR COVER
We, BAGGING. RAVENS DUCK, SAIL TWIN
AC. " ONTARIO SEAMLESS BAGS.

„

for

LOUIS DE BEBIAN,

STOCKS AND BONDS

ALBERT

Co.,

COTTONSAILDUCK

BXTWI1N

WEDNESDAYS AND SATURDAYS.
No. 1

Turner

Brinckerhoff,

manufacturer! and Dealers In

STOCKS AND BONDS,
ADRIAN

Y

L,

REGULAR AUCTION

hold

SALES

Commercial Cards.

Direct Line to France.

At Auction.
undersigned

ON

XaiX

[Vol.

Steamships.

Financial.

The

!

CHARLES IRVING,

ANTON METZ,

I rnerto G. Fabbri,

Chas. F. Zimmermann,
Tlieod re Fachiri,
C. L. F. Rose,
S. Wilson,
F. Cousinery,

Wm

Gustav Schwab,
George H. Morgan,
L. M. Calvocoressi.
DU1ILH, President
OGDEN, Vice President.
Secretary.

Assistant Secretary.

&

Swan Barrett,
BANKERS AND BROKERS,
20O middle

UTUAL LIFE
COMPANY
WINCE
OF NEW YORK*

Bit Celebrated Humbert,

Street,

303-404- 70-35 -332,

PORTLAND, HA IMC,
Dealers In Government, State, County, City and Railroad Bonds, Bank Stocks, Ac.
Desirable Investment Securities constantly on hand

1

1

and hit other stylet may be had of all dealer
throughout the world.
I

Joseph Gillott

& Sons.

i

New York.

PRESIDENT,
— F.S.WINSTON
APPROVED DESCRIPTION OR
LIFE AND ENDOWMENT POLICIES
AS FAVORABLE AS THOSE QB
,

PERRY k

CD

STEEL

Of Superior English Make. 25
Samples of our leading styles, for
U"
trial, including the famous
and " FALCON " Pens, by mall, on

Ask your StaPENS.
ii, Taylor & Co

receipt of 25 cents.
tioner for PERRY'S

PENS.

V'SUH.lilukiiiiii
Sole Agents for U.S.

New York.

ISSUES EVERY

CMTEFMSANY
K

~2|"
OTHER COMPANY.
ORGANIZED APRIL 12™ 1842.

CASHASSETS OYER? 80,000,000.

August

THE CHRONICLE

23, 1879]

Insurance.

I'uklU aliens.
^|

The
A

(•lion.

Greatest

mil,.,,,

Living

. Prof,
»
i,
Mailer, m. Han.
IV. E. Gladstone, Jas.
A. Froude, Prof. Huxley, H. A. Proctor, Ed.
A. Freeman, Prof. Tyndall, Dr. U
B. Cari,

;,

,

max

OFFICE OF THB

AT L ANTIC
Insurance

AMD

commission hbbchaxts,

.

Power
_ Cobbe, The Duke of
penter, Frances

Co.

Mul...

Milium!

<>

<0

EXCHANOK PLAC1,

"in. Black, miss Thackeray,

Argyl
miss

Mutual

LEHMAN BRO'S,
Cotton Factors

Ceo. 'i.i, n. ,M. ,1,], ti, K
lugelow, JHrs. Alex-

I,

.

.Iran

Thomas

ander,
Arnold,

Hardy,

ITIattliew

KlngNley, Turgiienlt-i',

lli-nr,

Carlyle. Hnskln, Tennyson, Broun.
Ins, »nd many others, are represented In the

New

York.

Orders executed at the Cotton Exchanges
Is

Rev
York and Liverpool, and advances made
on Cottos

snd other produce consigned to us, or
to oar corre
pondents In Liverpool,
n. Kewgas, * C o
snd Messrs L. Itosenhelm a Sons

Dim

pages of

New

York,

i&'kj

Littell's Living Age.

aa, 187B.

Jan j, urn, TBI Liviko Aet estered upon its One
Hundred .nil Fortieth volume. During the year ll

The

Trustees, In conformity to the Charter of
the
Company, submit tho following Statement of its
affairs ou the 31st December,
1878:

'

Premiums received on Marine Risks,
from 1st January, 1878, to 31st De-

% 5,858,006

t

hsve been issued upon;
Lift Risks ; dor upon Fire, disconnected with Marine, Risks
Premiums marked off from 1st January, lS78,to 31st December, 1878....
Losses paid during the

83

policies

sa:ue period

Stock, City,

MOST ESSAYISTS. BC1BNT18T8 CRITICS, iils
CUVKltKUB AND KUITOKS. representing every department oi Knowledge aud Progress.
Tb* Liviks ass is a weekly maganne giving
double- column octavo pages of reading matter yearly
presents in an Inexpensive form, considering its
isrcat amount or matter, with freshness, owing to lin
weekly issue, and with a miinratMrp completeness
attempted by no other publication, the best K»8»yt.
Reviews. Criticisms, Te'er, sketches of Travel and
Discovery, Poetry. Scleutinc. Biographical, Historical
and Political lulormation. iroui the entire body of
foreign Periodical Literature, aud from the peoB
of the

"

Bank and

00

Real estate and claims due the Company, estimated at
Premium Notes and Bills Receivable-'

CashinBank

619,034 50
1,529,259 74

881,210 92

,.

amount of Assetsr.t":^."..

reproduces the

It

the civilized world,

-Pb

den

1

ii.a

the outstanding
be paid to the holders

on and

best

upon

thoughts of the bent minds of
qfliclno interest "

all topics

lew, free of postage: or for 110 50 TBS Livino Aok
and either one of the American $1 monthlies (or

Harpers Weekly or Jkuar)

both poxtpaid

me

be sent for a year

will

or, for 19 50

;

Tbe livino ass and

LIT TELL

The

Sc

GAIT. Roston.

NEW

MUCK.

LEADING NEWSPAPER OF THE METHODIST
EPISCOPAL CHURCH.
Circulation oyer 60,000 Copies Weekly.

THE PUBLISHERS

BUSINESS HOUSES

Of THE CHRISTIAN
ADVOCATE present to

stant habit of using its

is

de-

on the net earned premiums of the Company,
for the year ending 81st December,
1878, for which
certificates will be issued on and after
Tuesday, the
clared

May

Its

readers, in

ly issues,

J.

the Board,

H. IIIAP.UVV, Secretary,

its

week-

Who

a paper SEC-

Advertising

Colnmns

as an Advertising

dium that

in

of

its

the world in

Charles Dennis,

Adolph Lemoyne,
William B. Dodge,
Thomas F. Yonngs,

Josiah O. Low,
Royal Phelps,

Lewis Curtis,
James Low,
Gordon W. Barnham,

Wm.

Sturgis,

A

Charles P. Bardett,

Hand,
William H. Webb,
Horace Gray,

Edmund W.

John

John D. Hewlett,
Corlies,

C.

ter class In

Robert B. Minturn,
George W. Lane,

Frederick Chaancey,
William Bryce,
Peter V. King,
Horace K. Thurber,

Charles D. Leverich,
William H. F..gg,
Thomas B. Coddington,
A. A. Raven,
Benjamin H. Field.

William Degroot,

is

evinced

James G. DeForest,

J D. JONES, President

CHARLES DENNIS, Vice-President,
W. H. H MOORE, 2d Vice President
A. A. BAVJSN, $4 Vfce-Presikat,

Me-

pays to

Reason

munlty where

:

lutes

;

every com
It

ckcu

In fact, Just the

people that first-class

STEADILY INCREASING CIRCULATION of the paper.

Duslness Houses desire

present

and

It

has a large local

circulation

spondence

New

the

and

in

cities

of

York, Brooklyn,

Jersey City and Philadelphia,

and

W. Lamkin &

into every

State

and

and Canada and Europe.

Co.,

Cotton Factors,

YICK8BTJBG, miSS.
Orders to Purchase Cotton In our market solicited
Refer to Messrs. THOMAS J. SLAUGHTER. New

York

Wm.

Felix Alexander,
COTTON BROKER.

AUGUSTA. GEORGIA.
Entire attention given to purchase of COTTON on
for 8PINNER8 and EXPORTERS
CORRBSPONDKNCl SOLICITED.
References :— National Bank of Augusta, Georgia

ORDER

Henry Hentz & Co., Commtanon Merchants New
York William 11. Dana A Co., Proprietor* Coxmsb
and Financial Cukoniclm, and other New
;

cial
to reach.

Foitc Houses.

PARTICULAR ATTENTION is given that
no Advertisement

cal-

Metropolitan Elevated

culated to mislead tne

readers of the paper

is

inserted.

goes, also,

Territory of the Union,

Corre-

solicited.

Rkfibiscxs.— Third and Fourth National
snd Proprietors of Tax Cbbobicls.

It

around

Co.,

NASHVILLE, TENNESSEE.

Its

large

the

In

&

F. Wheless
COTTON

commi8siON hiebchants,

readers are of the bet

of the Church appreci-

Elliott,

Alexander V. Blake,
Charles H. Marshall,
Robert T. Stuart,

patronise.

It

That the membership

ate this fact

D. Jones,
W. II. H. Moore,
Charles n. Russell,
David Lane,
Francis Skiddy,

John

Indorse It Highly

PUBLICATION

point of actual merit.

J.

Co.,

OTTON FACTORS * COMMISSION MERCHANTS
AT Broadway, New York.

are Is the con-

OND TO NO OTHER
kind

TRUSTEES!

CO.,

&

Sawyer, Wallace

D.

next.

By order of

""

UABCOCK BROTHERS *
JO Wall Btrbst.

Special attention given to Spinners' orders.

Tuesday, the 4th of February next, from which
date
all interest thereon will cease.
The certificates to
be produced at the time of payment and cancelled.

or Thirty per cent,

LIVEBPOOL,

Receive consignments of Otton and other Produce
and execute orders at the Eichanacs In Liverpool
rp00*
Represented In New York at the office of

Christian Advocate,

of 1875 will be redeemed and paid to
the holders
thereof, or their legal representatives,
on and after

*th of

COMMISSION MERCHANTS,
17 Water Street,

Nicholas or Appieton's Journal.

o'(.

after

The Outstanding Certificates of the issne

A Dividend

JERSEY A CO.
B. F.BABCOCK&CO.
©E

nil rer.

1-

The prince among nvtgazljies."~S, Y. Observer.
"it afford- lhebest,the sheupest and most convenient
means of keeping ub. east with theptogre>e of thought
in all its phases."— Pellmieii bin Nunh Auieilcan.
The LlvlAG ,111 K ISPuBLlSUSli WlULV at fS IX) a

$13,310,463 16

thereof, or their legal representatives,
Tuesday, the 4th of February next.

mancbester and Liverpool,

•'

Six per cent. Interest on
certificates of profltB will

N«W TORI.

ABLEST LIVING WRITERS,

assets, viz.:

New York

other stocks. $10,086,758 00
Loans secured by Stocks, and otherwhje
704,200

Total

the world of the most valuable Literary and Sclen.
tine in. Her ot the day, from the pens of the FORE-

THREE AND A QUARTER THOUSAND
4,186,034 9a

PLACB,

bousis is

Unapproached by any other Periodical
In

It

.

United States and State of

nOHANQE

CS

ana an amount

more than

$2,014,784 45

The Company has the following

•

,

Returns of Premiums and
Expenses. $859,960 58
.

commission iherchants,

productions of the

nit-

LEADING FOBEIGN NOVELISTS.
36

No

readers

its

rorenoit authors above named and many othem
embracing the choicest Berial ana snort stories by
'
be
i

cember,lS78
$4,009,309 47
Premiums on policies not marked off
1st January, 1878
1,848,697
Total amount of Marine Premiums,

to

will furnish

Knoop, Hanemann 6c Co

CORRESPONDENCE
SOLICITED.

ESTIMATES PROMPTLY FURNI8HKD ON
APPLICATION.

PHILLIPS & HUNT,
PUBLISHERS.
No. 805 Broadway, New York.

\

OPEN FROM

I

I

\\

5:80 A.

V

\

M. TO

.

V

P.

M.

Rector Street— Nearest point for Wall St. Ferry
and connects with the cars for South Kerry. Cortlandt Street -Nearest point for Jersey City and Com.
munipaw Ferries. Park Place. Chambers Street.
Franklin Street. Grand Street. Hleecker StreetConnects with cars for East and West. 8th Street
14th Street. 2M street. SSd street. 42d StreetConnects with New York Transfer Company's cab
for Grand Central Depot. 50th Street and Nh Ave
58th Street. KM Street and Sth Are. BStb St. aid
9th Are. 7W Street and 0th Ave. 81st Street sod
»th Ave. HM Street and lit h Ave. 104th Street and
8th Ave. For tip-town trains take east side stations.
For down-town trains take west side stations.
Trains will run to 58th stieet and Oth ave. and.
104th street and Wth avt alternately.
Sunday trains from 12:30 P. M. till 12 midnight.
.

FARE TEN CENTS,

Except between the hours of 5:30 and T:S0 A. M. ao
5 and < P. M., when the fare is Five Cents.

WM.

M.

GAHKISON. President.
Superintendent.

It.

VAN BROCKL1N,

,

:

THE CHRONICLE.
Woodward &

Stillman,

SEAMEN'S BANK BUILDING,

&

No«. 74

T6 Wall Street,

NEW

YORK.

INMAN,SWANN&Co
Cotton Exchange Building,

New

101 Fearl Street,

York.

LOANS MADE ON

Special attention paid to the execution of orders for

lue purchase or sale of contracts for future delivery

HOME
OF NEW YORK,

SOUTHERN SECURITIES.

&

Co.,

Gwynn & Co.,

Fielding,

GENERAL

Total Assets

South William

New

St.,

COTTON FACTORS

York.
AND

Messrs. JAMES FINLAY & CO.,
LIVERPOOL, LONDON AND GLASGOW.
Messrs.

FINL1K, Ml'lR A

in

140 Pearl

SUCCESSORS TO

WIRE, MURPHY &

&

Co.,

COTTON

Co.,

•COMMISSION MERCHANTS,
PEARL STREET, NEW YORK,

&

Waldron

Tainter,

KOURSE

BROOKS',

ft

Street, Boston.

Liberal advances made on consignments. Prompt
personal attention paid to the execution of orders
er the purchase or sale of contracts for future

&

R. M. Waters
64

Co.,

MERCHANTS AND BANKERS,
BROAD STREET, NEW YORK.

Liberal Advances

made on COTTON

COTTON BROKERS,
No. 146 Pearl Street, near Wall, N. >.
established (In Tontine Building)

Bennet

&

Foulke,

COMMISSION MERCHANTS,

REAVER STREET, NEW YORK.

Almy & Co.
(Successors to

GRAY &

WATER

Special attention given to the execution of orders

BOSTON, MASS.,
Agencies for the purchase of Cotton at
Southern Markets.

all

of the

Jemison

(Successors to

MOODY &

&

Co.,

JEMISON),

•

H. Tileston

&

'derx in Futures executed at N. Y.

Farley,

J.
COTTON FACTORS,
COMMISSION MERCHANTS,

FINANCIAL. AGENTS,
133 Pearl
*P.O

TJox

Street,

8,909.

New

York.

Advances made on Consignments.
Special personal attention to the purchase and
•f c CONTRACTS FOR FUTURE DELIVERY

COTTON.

Dennis Perkins

&

sale

"OF

Co.,

COTTON BROKERS,
11 7 Pearl Street, New York.
Orders for Spot Cotton and Futures promptly exe

!Ma»>s«lltokMi

demand.

NEW ORLEANS,
A. L. Pierce

&

Company

OF HARTFORD.
Total Assets, January

1879
J6,9H,147 79
$a,000,O00 00
1,617,189 F5
251,499 00— 4,868,683 85

1,

Capital

Unpaid

losses, etc

NET SURPLUS, Jan. 1,
No. 3 Cortlandt
JAN. A.

1819..

St.,

$2,045,468 94

New

ALEXANDER,

North
&

York.

Agent.

British

Mercantile

Co.

Ins.

OF

United States Board of Management,

NEW TORE
SOLON HUMPHREYS, ChVn,(E. D.Morgan & Co
DAVID DOWS, Esq. (David Dows & Co.)
E. P. FABBRI, Esq. (Drexel, Morgan & Co.)
Hon. S. B. CHITTENDEN.
EZRA WHITE. Esq.
J. J.

ASTOtt, EBq.

CHAS. E. WHITE, SAM. P. BLAG DEN,
MANAGERS,
54 William St.,

New

Liverpool

&

London

York.

& Globe

Insurance Company^

45 William St.

LA.

J.

E.

Co.,

PULSFORD,
Resident Manager.

Real Estate Agents,
V1CKSBURG, MISS.

Civil Engineers) Sc

Purchase, sale, entry and redemption of lands and
for non-residents attended to.
Information as to value and local advantage of
lands furnished. Our field of operation embraces
the States of Louisiana and Mississippi.

LsOtnmercial

payment of taxes

Aim

Secretary.
FIVE PER CENT has been de-

Cotton Exchange

COTTON BUYER & COMMISSION MERCHANT,

H.

J. JI.lKTI.v, President.

WASHBURN,

Insurance

Co.,

Aim

H. W. &

.

iETNA

COTTON BUYERS & COMMISSION MERCHANTS
60 Stone Street, New York.

L. F. Berje,

Advances made on Consignments. Future Con.
tracts for Cotton bought and sold on Commission, In
(New York and Liverpool.

II

Dividend of

Office

BANKERS, COTTON FACTORS
.GENERAL COMMISSION MERCHANTS,
No. 123 Pearl Street, New York.

A

Future

Delivery.

STREET,

{principal

S.

New York.

for the purchase or sale of Contracts for

CO.),

COTTON BUYERS AND BROKERS,
No. 95

121 Pearl Street,

8,734 24

LONDON AND EDINBURGH.

1841.

GENERA!

•COTTON BROKERS,

poli-

in Store.

delivery.

WALTER & KROHN,

J.

Re-insurance fund

James F.Wenman& Co.,

AND

on

$6,128,021 74

PEABL STREET, NEW YORK.
(Success*™ to

signments.

&

Premiums due and uncollected on

clared, payable on

COTTON BROKERS,

CO.,

Special attention paid to the execution of orders
for the purchase or sale of contracts for future delivery of cotton. Liberal advances made on con-

$92,422 67
first lien

Total

COTTON MERCHANTS,
COTTON COMMISSION MERCHANTS, GENERAL
9T PEARL STREET, NEW YORK.
111 Pearl Street, New York.
Future orders promptly executed.

HI Central

Hanks

estate (worth $4,167,609)
1,928.880 64
United States stocks (market value)
3,219,500 00
Bank stocks (market value)
189,575 00
State and municipal b'da (market value)
235,778 00
Loans on stocks, payable on demand
(market value of securities $216,367).
141,170 00
Interest due on 1st July, 1879
55.178 25
Balance in hands of agents
163,505 68
Realestate
95,921 26

Y.

street, N.

Geo. Copeland
bought

Johnston,

B. R. Smith

in

CHAS.

New York and Liverpool.

&

Cash

United States, available for the PAYof LOSSES by FIRE and for the protection of Policy-Holders of FIRE INSURANCE

cies issued at this office

136

Schroeder

in the

MENT

CO.,

CALCUTTA AND BOMBAY.
"FUTURE CONTRACTS FOR COTTON
and sold on Commission

Held

.

COMMISSION MERCHANTS,

Also execute orders for Merchandise through

£.

48

$6,128,021 74

Bonds and mortgages, being

Advances made on Consignments to

S3

00
00
20

• real

COMMISSION MERCHANTS,

109

$3,000,000
1,728.217
220,2 1
1,179,694

Reserve for Re-insurance
Reserve for Unpaid Losses
NetSurplus

sni'IAHV OF ASSETS

Henry Hentz

-

BROADWAY.

OFFICE, 119

Fifty-Second Semi-annual Statement,
SHOWING THE
CONDITION OP THE COMPANY ON THE FIRST
DAY OF JULY, 1879.

j»t cotton.

S

Company

Insurance

CASH CAPITAL

SECURITY.
made on Consignments.

23, 1879.

Insurance.

COTTON
COMMISSION MERCHANTS,

«ENEK A L COMMISSION MERCHANTS
uOANS MADE ON ACCEPTABLE
Libera advances

[August

Cotton.

Cotton.

:

MANCHESTER

Locomotive

Works,

Union

{OF LONDON),

MANUFACTURERS OF
Locomotives and Amoikeaj Steam
Fire Engines,

ALFRED

PELL,
Resident Manager,

MANCHESTER, N. H.
ARETAS BLOOD, W. G. MEANS,
Treasurer,
Superintendent, *4£l
Manchester, N. HI
t*0 Water street, Boston

Ins. Co.

3Y

&

39 Wall Street