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HUNT'S
MERCHANTS’
MAGAZINE,
fji W je je h I h §k w 0 p a p e *,
REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OF THE UNITED
STATES.
C
VOL. 27.
SATURDAY, AUGUST 24, 1878.
CONTENTS.
NO. 687.
larly who habitually denounce the railroads, and can
see
more
than one of their managers in Sara¬
THE CHRONICLE.
Saratoga Railroan Conferences.
185 J United States Treasury Statement 189
toga at one time without inferring that some dire
Legal Statu* of Tie Silver Dollars. 186 Latest Monetary and Commercial
How the Berlin Treaty May Affect
English ^evvs
combination against the
190
the Dull Times
producing interests of the
187 I Commercial
and
Miscellaneous
Th Whe t Crop and Its Prospects
News
192
country
is
being attempted.
for
Market
188
The system of “ outside” ticket
THE BANKERS’ GAZETTE.
agencies and of encour¬
Money Market, U. S. Securities,
Quotations of Stocks and Bonds... 196 aging sales by paying commissions is one of the devices
Railway Stocks, Gold Market,
New York Local Securities.
197
for attracting business which have
Foreign Exchange. N. Y. City
Investments, and State, City and
gradually grown up
Banks, Boston Banks, etc
193
Corporation Finances
198
into vigor from small
beginnings, under the pressure of
TnE COMMERCIAL TIMES.
Commercial Epitome.
*201 | Dry Goods..
Originating in the action of some road
207 competition.
Cotton
201
Imports, Receipts and Exports..'. 203
which
Breadstnffs
2( G > Prices Current
hoped thereby to catch some business it might
209
otherwise have missed, it was adopted by all, out of
virtual necessity, and, for the like reason,
it must be
abandoned
by
all, or not at all, unless some boldly con¬
The Commercial and Financial Chronicle is issued on Satur¬
clude that under no circumstances can it
day morning, with the latest news up to midnight of Friday.
bring in more
than
it
costs.
Of
TERMS OF SUBSCRIPTION-PAYABLE IN ADVANCE:
course, the ticket-selling interest will
For One Year, (including postage)
not suffer itself to be
$10 20.
annihilated, without first making
For Six Months
do
6 10.
Annual subscription in London (including postage)
£2 6s.
resistance, and the public should understand that the
Six
do
do
1 7a.
Subscriptions will be continued until ordered stopped by a written order,
benefit of succeeding in the
or
at the publication office. The Publishers cannot be
attempt will not fall to the
responsible for Remittances
unless made by Drafts or Post-Office Money Orders.
roads alone.
In the very few cases where an actual
London Office.
service is performed, both to the
The London office of the Chronicle is at No. 5 Austin
public and to the com¬
Friars, Old Broad
Street, where subscriptions will be taken at the prices above named.
peting company—as where a steamboat carries passen¬
Advertisements.
Transient advertisements
published at 25 cents per line for each insertion, gers direct from Brooklyn to depots on the Hudson river
but when definite orders
given for five, or more, insertions, a liberal dis¬ —a
commission on tickets is reasonable;
count is made.. No promise of continuous
publication in the best place can be j
ordinarily, how¬
asand
all Financial
have equal
opportunities.
Notices
given,
advertiserscolumn
must 60
Special
in
:
ever,
inasmuch
as
the
anking
companies must maintain their own
per line, each insertion.
william
dana,
I
WILLIAM B. DANA & CO., Publishers,
ticket offices, the service rendered
JOHN
by those which it is
FLOYD, jr. j"
79 & 81 William Street, NEW YORK.
Post Office Box 4592.
proposed to abolish is only nominal. It is obvious that
|3F“* A neat file-cover is furnished at 50 cents; postage on the same is 18 the gain, competitively speaking, would be unaffected
cents.
Volumes bound for subscribers at $1 50.
by increasing or diminishing the number of offices to any
HT* For a complete set of the Commercial
Financial Chronicle—
July, 18«5. to date—or of Hunt’s Merchants’ Magazine, 1839 to 187J, inquire extent, so long as the companies
at the office.
all kept abreast with
one another in this sort of
effort; there is, to be sure, a
nT" The Busineas Department of the Chronicle is represented
among
IWkancial Interests in New York City by Mr. Fred. W. Jones.
slight advantage to the public in point of convenience,
but this advantage, whatever it is, the public hare to
SARATOGA RAILROAD CONFERENCES.
pay for, there being no suspension here of the general
The conference of railroad
rule
that the consumer pays all costs, whether
managers, in session this
occurring
week in Saratoga, has unanimously
adopted a series of by advertising expenses or otherwise.
resolutions declaring that <c the practice of
The point we would make is that all efforts to
paying com¬
practice
missions on sales of railroad tickets is
economies
by railroads are not merely the dictate of
demoralizing to
employes and useless to the public;” that “it entails necessity, but are for the public interest. These econo¬
enormous losses
upon companies and should be discon¬ mies have been largely tried and found practicable
tinued;” that all outside agencies for the sale of tickets already, the net earnings of a great many roads having
ought to be abolished; and that all railroad companies been saved from declining, since 1873, at the same rate
should be invited to assent to these
recommendations, as the business and gross earnings have declined, by the
on condition that no
company be bound by its assent fact that the operating expenses have been reduced more
unless all its competitors also
agree to the same. Whether than the receipts. The public are interested in low rates;
the movement to abolish the
system of ticket commis¬ next, in uniform and evenly maintained rates; and in the
sions and outside ticket offices will he
successful, remains conservation of railroad property, representing thousands
to be seen, for in the practical
difficulty of securing of millions. It is natural to prize lightly what we have
general agreement thereto there is chance enough for a become so accustomed to that we think of it as part of
hitch; nevertheless, the movement is commendable, and the order of unchangeable things ; hut suppose we
jfc ought to be noted as such by those persons particu¬ reflect a moment on the condition which would follow
never
..
•
a
%\w OTlxrcwicIe.
moa,
ao
are
are
cen s
b.
G.
and
186
THE CHRONICLE
fvoi, XXVII.
the
general suspension of railroad facilities, or even upon certainty and moderate
prices for freight.” This is
loss of a single one, the
carrying of mails. Let palpably true, for the uncertainty about transportation
granger legislation, or anything else, make it impossible charges, in these times of close
margins in business, has
to operate any road
except at a constant loss, and where a discouraging effect when added to the other
the
should
be ?
It therefore needs neither
argument nor
illustration to show that there can be no
antagonism
between railroad interests and
we
producing interests;
neither
thrive without the
can
other, and neither can
the other; what hurts or helps one does the
thrive upon
same to the other.
The
men
certainly not the railroad
tral has
made
and the farms
they had
as
who fail
managers.
to
realize this
are
The Illinois Cen¬
number of
farms; take away the road
value- and utility
prairie; destroy the farms and the road
a
wrould
return to the
wrould wither.
Yet it is
and easy
thing to assert publicly
sitting about a table in Saratoga,
play with the great producing interests of the country
as for
stakes, and alter, by their combined fiat, the value
of property and the
prices in markets. This might be
true, if the men referred to were omnipotent, and if they
controlled anything else than their
respective railroads
and those except in a limited sense.
Grant their dispo¬
sition to extort the utmost
possible out of the industry of
the country, and they are restricted to the fixed limits of
what is possible; suppose
they care for nothing but
themselves, they do care for themselves and are too
shrewd to strike at what
produces their own incomes.
As an independent
proposition, the bitterest of all who
inveigh against monopo’y, without taking pains to in¬
quire wThat is monopoly, ought to be able to see that if
Mr. Vanderbilt or Mr. Scott should
impose prohibitory
that four
c
a common
rates
filled
or
five men,
the result would
or
not at
all.
be that
There
can
cars
be
would
run
half-
reasonable
objec¬
combinations, of whatever number or
character, so long as their result is neither extortionate
rates nor any injustice of treatment. Whether this is the
result, is a question of fact and the only important one.
Mr. Vanderbilt affirms that it is not,
saying, in his letter
of June 25: “ The only danger that can be
urged against
the pool is that it may establi-h exorbitant
prices, but
“this is impossible; the public have become used to
very
low charges and will submit to no other. The best
“skill, the most prudent management, the utmost good
“faith, cannot provide for more than barely living
prices; the whole effort of the pool cannot raise and keep
the rate of transportation to a
figure so high but that
“
the most rigid economy and the
ablest management will
be required to enable the
companies to live.
* *
*
High rates in the future are utterly impossible.” Un¬
questionably he is right in saying that “ if reasonable
and living rates of transportation could be maintained
“
and the investors in railroad
properties receive a fair
no
tion to railroad
“
“
-
“
“
r
“
“
“
“
“
“
“
“
return* it would be much better for the whole country;
•
*
*
if there were only two rates
during the
year—a summer and a winter one—and all shippers knew
what to expect and were
add immeasurably to the
commerce.”
uniformly dealt with, it would
prosperity and stability of our
interdependent, that it is impossible for the rest tovhrive
at the expense of
one, and when one important interest
is unduly and long
depressed the fact is proof that some¬
thing is wrong. Furthermore, the greatest bane in this
country is the instability of the conditions und r which
business is carried on ; we
plunge from hot water to
cold and back
again, after enduring a lukewarm term
“
“
“
LEGAL
On
(< What the people want is
STATUS
the
25th
Director of the
of
OF THE
July
Mint, in
a
SILVER
circular
response to
was
DOLLARS.
issued by the
inquiries concerning
the value of the Mexican silver dollar and the
terms
which it is receivable.
Revised
or
on
Quoting section 3,584 of the
Statutes, which declares that “no foreign gold
silver coins shall be
legal-tender in the payment of
debts,” the circular proceeds to say that the Mexican
dollar circulates as
money only by consent and at what¬
ever
rate may be
agreed upon; that its value is reg¬
ulated by that of its bullion
contents, then worth about
90*8 cents gold per
piece; that the United States trade
dollar, not being a legal-tender, falls under the same
rule; that the trade dollar and all foreign silver coins
are
purchased at the Assay office in this city and the
Mint in Philadelphia, “at the
equivalent of the London
rate for silver bullion on the
day of purchase, less onelialf cent per ounce of fine silver
contained,” the coins
thus bought being melted and
assayed and the seller
paid, in standard silver dollars, for the fine silver con¬
tained; but that “the standard silver dollar, being a
legal-tender for all debts, public and private, is received
at par at all Government offices in
payment of dues, dif¬
fering in this respect from the Mexican and trade dollars,
which
are not
a
thus received.”
This circular is clear and full in its statement of the
position of the Government in the matter, but a number
of letters of complaint and remonstrance
having been
received, the acting head of the Mint wrote in response,
on the 14tb, an extended
letter, whieh has since become
public. The trade dollar wras, as our readers are aware,
intended for export, chiefly to China, that
country pos¬
sessing no mint and depending upon foreign nations for
its coinage. Prior to 1873, the Mexican dollar formed
the chief coin for shipment to
China, and the trade
dollar was authorized for the
purpose of competing
with it, and was therefore made a trifle more valuable
than the Mexican, “thus not
only affording a market for
the surplus silver of the mines on the Pacific coast but
furnishing merchants and importers from China with
silver in a convenient form for
payment for commodities.” At that time, silver being about 59 15-16
pence
an ounce in
London, this dollar was worth 103-47 cents
in gold, and during 1873 it
averaged 102*3 cen s ; it was
therefore effectually kept out of circulation. But when
silver afterwards fell and the trade dollar
began to
appear in circulation in the Pacific States, by a joint
resolution, July 22, 1876—silver being then at the lowest
price ever known, 46J- pence, and the trade dollar worth
80*70 cents—Congress abrogated its legal-tender
quality,
the act of 1873 having made it, in common with the
“
“
“
The tiuth is—as has been often
urged in these columns
—that all legitimate interests are so interlocked and
like the present between.
uncer¬
tainties, and, in the long run, more than offsets any tem¬
porary gains by shippers. If it is true that ‘
stability of
prices, fair rates for transportation, equitable dealings
with shippers, and general
prosperity, can be had only
through some form of understanding embraced in what is
“generally styled a pool,” then pools should be generally
desired rather than condemned. At
least, there is noth¬
ing to excite suspicious watching in the present discus¬
sion about
reviving the east-bound freight pool, which
expired by limitation two months ago, and the railroad
managers may be left free to combine as they
choose,
so
long as they merely conserve railroad property and
do not inflict any wrong
upon the public.
“
August 24,
THE
1878.J
fractional silver
coins, legal-tender
up to
CHRONICLE.
187
$5. The letter dispatch is
correct that the total is
must have been $11,378,010 coined
$35,959,360, there
during the fiscal year
Under the Coinage act which authorized the coinage of trade
just ended. The rate of coinage increased yearly; the
dollars these pieces were coined for depositors of silver bullion
at the mints, and a charge imposed for
coinage, at a rate not to early coinage, of course, went to the East, and it is im¬
exceed the actual cost to the Government of manufacture ;
by possible to ascertain how much of the total is within the
this act any owner of silver bullion could have the same coined
into trade dollars.
They, therefore, w^ re not issued or paid out country, although it is probable that the bulk of it is of
by the Government in payment of obligations, or exchanged for issues since the resolution of 1876, about two-thirds of
other mon y.
The standard silver dollar and silver fractional coins are the whole having probably been put out since then.
It
coined from silver bullion purchased by the Government for that is also
urged, and with some reason, it appears to us,
purpose, and on its own account, and are not coined for deposi¬
tors, differing in this respect from the trade dollar, which was so that, as a matter of equity, Government ought to take
coined.
them all at par, or at least to
exchange them for the stand¬
It may be readily seen that whenever the
price of silver fell ard
dollar,
piece for piece; this latter course will prob¬
to a point at which the bullion value of the trade
dollar, added
to the cost of coinage to the
depositor, was less than its face or ably be proposed to Congress next winter, unless the
nominal value, it could be placed in
circulation at a profit by price of silver
changes in the interim, and it is the one
speculators, to the extent of its lega1-tender.
The joint resolution
repealing the legal-tender of the trade which, under the circumstances, ought to be adopted, for
dollar al
empowered
proceeds to
say :
«
“
“
“
the Secretary of the Treasury to limit its
coinage to the actual export demand, but this was not. sufficient
to prevent depositors of silver for returns in these coins
divert¬
ing them from their true object and placing them in circulation,
and their coinage has since been
entirely suspended by order of
o
the Secretary of the
Treasury.
“Most of the pieces in circulation east'of the
Rocky Moun¬
tains have been coined and placed in circulation since the
passage
of the act repealing the
legal-tender of the trade dollar.
“
It cannot therefore be
rightfully charged * that the Govern¬
ment has perpetrated a swindle on the
people in putting the trade
dollar out as a dollar, and then
marking
it down to 90 cents/ for
the fact is that the Government has endeavored to
ke^p the trade
dollar in its lawful and
proper channel, and that from ignorance
of the law relative to this coiu,
parties have taken them in ordi¬
nary business transactions when they could have been
At
to-day's London quotations for silver bullion, 52$ pence
Briish standard, the lowest
price for nearly two years,
trade
ver ounce
the
only that they bear the Govern¬
stamp, which, by the theory of these days, is held
to be potent to “make”
anything a good dollar on which
it is imprinted. As it will be
impracticable to distin¬
guish between holders, the speculative one would have
to be allowed to make his
profit, for the sake of protect¬
ing the innocent one.
ment
To receive the trade dollar for the standard
one, at
Government offices, will end the trouble; but how could
lawfully clearer and
refused.
“
the sake of innocent holders who have taken these coins
as “
dollars,” knowing
dollar is worth
bullion 90*4 cents per piece.”
To what extent the trade dollar has been used in
as
public testimony be given to show the
unnecessary muddle into which the folly of Congress
has brought the coinage ? In
retiring the trade dollar
more
the Government will “father”
a
dollar which it
never
a
issued, legally speaking, and never intended for circula¬
tion. Government will also
give the less for the greater,
although the difference will be less than exists under
the present arrangement for
buying bullion; speaking
approximately, Government will then give an 88-cent in
exchange for a 90-cent dollar, piece for piece, whereas
now it only
offers to pay 90 cents for the latter, in 88millions of the new “standard” dollars have been coined
cent dollars.
The immorality, the
since last February—while
sharpness, and the
but 8 millions of the “dollar
confusion
in
the
matter,
of our fathers” were
grow out of the coining of the
coined, from 1793 to 1873—only a
new standard
dollar;
and
yet, if the Bland bill had not
little more than one million of them have as
yet been got been made over
by the Senate there would be a much
into circulation and their
appearance in retail trade is
worse
condition, for the bonanza people could then have
not at all common.
The Government is
entirely free had their 88 cents of silver
from fault as regards the trade
turned, free of charge, into a
dollar, for it will be
speculative way—buying it, approximately, by weight,
and replacing it in circulation
by tale—there are no
means of
knowing. Its circulation, as will be apparent
to everybody who takes note of his own
experience, has
been large since the decline in
silver, about 18 months
ago, permitted it; on the other hand, although over 11
noticed that its action
trade dollars, for its
was
simply this:
full
to convert, into
owners, any silver bullion pre¬
sented, at actual cost, leaving the parties receiving them
to dispose of them as
they could; Government neither
received them nor paid them
out, simply stamping and
returning them. By the same abused act of 1S73, which
“demonetized” the old 412£ grain dollar
by omitting it
from the. list of coins, the trade dollar was both
author¬
ized and was made
legal tender; but no wrong was done
by this, because it was then worth more than 100 cents
and the subsequent decline of silver was not
foreseen.
The law contemplated the exclusive use of the
coin in
export trade; at least once before the present time, upon
its appearing that the
supply exceeded the demand for
that purpose, the
coinage was suspended. Obviously,
Government had
no
power to control the
course
of the
coiD, and in abrogating its legal-tender quality as soon
as another use for it was
opened, and now in suspending
its coinage, has done all which could be
demanded.
Still, the question remains, what is to be done with the
trade dollars, which are now at a discount and are
liable
to
become
a
nuisance.
Some urge that Government is
to redeem, at their face, all dollars coined
legally bound
before July 22, 1876.
There were coined, in 1874,
$3,588,900; in 1875, $5,697,500; in 1876, $6,132,050; in
1877, $9,162,900; and if the statement in a Washington
100-cent dollar of unlimited
and
legal-tender quality^
consequently, according to the theory, as “ good ” as
gold. Now we have the gold dollar, the standard, good
as such and for its
face, the world over ; next, the paper
legal-tender, worth here nominally about 99£ cents; the
trade dollar, not legal-tender, but
calling itself a dollar and
popularly understood and accepted as such, worth about
90 cents; lastly, the new standard
legal-tender dollar,
worth about
88^ cents. For this wretched confusion the
remonetization, which added the last coin, is responsible;
but as things are, the best course to take is to retire the
trade
dollar, thereby, perhaps, opening a way for the
new, long-desired dollar of the fathers, which was so
treacherously and secretly abrogated in 1873, to leave
the vaults of the
Treasury, where it persistently remains.
Whether the silver inflationists will learn
anything by
the result of their crusade remains to be
seen; mean¬
while, if possible, the confusion of various and varying
“
dollars” should be lessened by
retiring one of them.
HOW
THE
BERLIN
TREATY MAY
THE DULL TIMES.
AFFECT
Among the many causes which have operated to bring
about the existing world-wide commercial
depression,
an
important place must be assigned to the wars
which in recent years have
the depressing influence of
desolated Europe, and to
huge standing armies, whieh
188
even
THE CHRONICLE.
in peace
times have been maintained
standard and at
an enormous
cost.
Within
at
a
a
high
[Vol. XXVII.
and
possibly Austria has underrated the strength of the
opposing forces. Bosnia, however, will be
brought to
compara¬
tively brief period four great wars have been waged on
the European
Continent; and we have but to reflect on
the large sums of
money expended in the conduct of
submit to the will of the
Congress; and if Austria
should be found
unequal tfo the task alone,
Germany
will be ready to lend the
needed
those wars, on the actual destruction of
property, and on
the skill, energy and
some
help.
that the Sultan is
It is feared by
enterprise withdrawn, for length¬ insurgents, and that his lending encouragement to the
conduct may lead to fresh com¬
ened periods, from active
production, to be able to form plications. The sentiments or even
an
the conduct of the
idea of their injurious
effects, on trade and com¬ Turkish Government are of no
account in the
merce
premises.
generally. And such has been the unsettled con¬
Opposition
to
the
treaty
of
Berlin
would but hasten
dition of Europe that even the
intervals of peace have the doom of
Turkey in Europe. All things considered,'
brought but little relief. It has been deemed
necessary we are justified in concluding that the Berlin
Conference
by all the powers to maintain continuously
extremely has given the prospect of a peace to the
nations of
large
standing armies. In the absence, therefore, of
actual warfare there has been the
war
attitude; and, on
the part of some of the
powers, there has practically
been the war expenditure. The
aggregate of the armies
of Europe on a war
Europe which
it is
not
unreasonable to
hope will be
lasting.
All
causes
of quarrel
having been removed, and the
necessity for the practice of economy being
imperious,
footing would probably exceed five it is
surely not too much to expect that these
millions of men. The
costly
aggregate on a peace footing, armaments which it
has hitherto been deemed
would scarcely be less than half
that number. It is to
necessary
maintain,
will
be
greatly
reduced,
and
that
the skill
impossible, in fact, to exaggerate the influence which and
and
energy
these frequent and most
enterprise, as well as the money, thus
destructivercontests, and these wasted
“
will be directed into
productive channels. Such
diversion of active
forces as well as capital, could not
fail to have a most healthful
effect on all branches of
trade and
industry.
bloated armaments,” have had in
paralyzing tra^e and
a
industry.
-
^
For the first time in
many years we have the prospect
of a general, well-secured and
satisfactory peace. The
peace of Europe was not secured
by the expulsion of THE WHEAT CROP AND ITS
the Austrians from
PROSPECTS FOR
Italy. It was not secured by the
A MARKET.
humiliation of Austria at Sadowa. It
was not secured
Western journals have for some weeks
past been pub¬
by the defeat of France at Sedan. Not one of those
lishing articles, in which they have endeavored to
victories gave hopes of an
enduring settlement. On the inform their readers
regarding the progress and probable
contrary, it was evident that they but paved the
way yield of the wheat crop this year.
It were useless, even
successively for other and more decisive struggles. The if we had the
space, to enter, at any great length,
treaties of 1815 were
upon
seriously disturbed in 1848; and the details which have been
given. They were various,
neither the treaty of 1856 nor the
subsequent arrange¬ and often quite contradictory, colored in
ment of 1872 had the effect of
many cases by
more than
the sections in which
restraining
they were published, or by the
for the time the hand of
war.
The treaty,
bias of the writers. Certain
however,
whieh has so
recently been concluded at Berlin, partakes admitted on all sides. And leading facts, however, are
first, it is well known that the
more of the character of
the arrangements made in conditions
of European
politics, throughout the autumn,
Vienna in 1815.
Then, after the desolating wars of winter and
spring,
were such as to impress
many with
Napoleon, peace had become a necessity; and the the belief that a
genera^war
involving
the
great
powers
arrangements * which were made for its restoration could
hardly be avoided, and that consequently there
removed out of the
way all immediate causes of quarrel. would
probably be an unusual export demand for
The situation is not different
to-day. The nations, one breadstuffs, with its natural effect in
and all, have become sick
promoting a higher
of war.
With empty range of values. It is
unquestionably true, therefore,
exchequers, and no means of replenishing them
except that a greatly increased area was
by heaping fresh burdens upon the
already oppressed
people, and with trade and industry paralyzed, to most of
the governments
peace has become an absolute
necessity.
Nor can it be
denied, whatever may be said otherwise
of the treaty of
Berlin, that it has removed all imme¬
diate causes of quarrel. There is no
longer any openly
avowed bad
feeling between France and
Germany. The
relations
existing between Germany and Russia, and beand Austria, are of the most
satisfactory kind. Great Britain and Russia have
tween both of these
powers
sown
both
winter and
spring growths.
We
to
wheat, for
see
that
one
authority estimates
that the acreage was increased
4-J
million acres, or 15
per cent, over the previous
year.
This is exclusive of the Pacific
Coast, where there
a
year ago, a
comparative failure in the crop.
There ought to be, under
ordinary circumstances,
natural result of this addition
to the
was,
as a
area sown to
wheat,
just here come in some
modify this conclusion.
great increase in the yield. But
other admitted facts which will
a
composed The crop of wheat raised last year in the United
States,
accepted their separate spheres of exclusive of the Pacific
Coast,
was
one of the best, if not
action, with their accompanying responsibilities on the the
very best, of which we have any record.
Asiatic Continent.
It was not
The Eastern question no
longer only exceptionally large in quantity, but of
very fine
exists; and for the carrying out of the new
arrange¬
More
quality.
of
it
graded
No.
1
than
No.
3.
In most
ments in Eastern
their differences and
-
Europe, not one but
directly responsible.
all of the powers of the sections
where
winter wheat is
grown,
Russia and Aus- the season was
generally good for maturing and gather¬
tria are but giving effect to the will
of the late Con¬
ing the crop, but it was not so uniformly good as last
gress; and as they are answerable for the manner
in year.
We want no better evidence of this fact than is
which they execute their
task, so have they a right to presented
every day on our Produce Exchange.
demand assistance, if assistance is
Very
much
of
the winter wheat is so inferior
necessary. For this
that it will not
reason we make little
account of the difficulties which
grade No. 3, but goes as “rejected” or “
Austria has been
ungraded;”
experiencing in Bosnia. The resistance and much of that which seems
to be
of such a
properly matured
people as the Bosnians, was to be expected is so
damp and soft in condition that it cannot be sent
are more
or
less
THE CHRONICLE.
24, 1878.1
August
189
forward in sail vessels but must be
shipped by steamers. we have less to spare. Our yield of winter wheat is
We consequently have quotations of “Steamer No. 2” greatly increased, but its quality is not so good; more
and‘“ Sail No. 2.” This is very different from the state will be required to produce a given
quantity of flour;
and there is every prospect that the surplus
of affairs last August.
will all be
wanted
at
full
Further, it seems to be admitted on all sides that July}
prices. It is true, we have heretofore
with its intense heat and violent storms, was very injur¬ found a Continental demand a very fitful and uncertain
ious to the growing crop of spring wheat. A leading basis of values.
The wants of the Continent may be very
writer has contended, however, that notwithstanding large in the aggregate, and yet the demand from that
the damage then done, the yield of spring wheat is quarter may cease altogether for considerable
periods;
greater in quantity than last year. But this conclusion but there would seem to be little reason to doubt
is not
generally accepted, one authority putting that our surplus may all be disposed of at within ten
the yield at only 12J bushels to the acre, against per cent of the average prices realized for last
year’s
nearly 18 bushels last year. Carefully weighing the crop. This conclusion would appear to justify current
mass of testimonv which has come to our Produce
values; but the rapid marketing of the crop may produce
Exchange, the conclusion is forced upon us that the crop such an accumulation of stocks as to cal^se at times
of winter wheat is much larger in quantity but much a lower range of values,—circumstances which are
poorer in quality than last year, and that the crop of likely to promote speculation to an unusual extent and
springwvheat is deficient in both quantity and quality. lead to wide fluctuations. In this connection the annexed
The Pacific Coast has greatly increased its yield, and we comparison of prices is
interesting:
have heard no complaints of its quality; so that alto¬
PRICES OP FLOUR AND WHEAT AT NEW YORK.
1877.
1878.
gether our exportable surplus will undoubtedly be
August 17.
August 21.
mi
increased.
In
one
Flour—Extra State
respect we are fortunate in the matter of sup¬
nerbbl. $5 C0(O5 65
Western Winter Extras...
5 2507 75
Wheat—No. 2 SpriDg
..per bushel. 135(0145
Red and Amber Winter..
White
1 40<Ol 50
$4 000,4 25
4 2506 50
1 1201 14
plies as compared with last year. We have in store and
1 00(2)1 12
1 10(01 23
in growers5 hands a considerable quantity of old wheat
of excellent quality.
Last August we had very little,
and that was inferior. There are, therefore, no urgent
UNITED STATES TREASURY STATEMENT
needs for home consumption to be supplied before we
The following statement from the office of the Treasurer for
can respond to calls from
shippers. There is, besides, July 31 has been issued this week. It is based upon the
..
little inducement in the
general situation for growers to
hold back their crops for higher prices, and the new
winter wheat is being marketed with the greatest free¬
dom.
For the crop year ending the first of August, we
exported from ports of the United States about a
hundred million bushels of wheat, including flour
reduced to wheat. We may have for the year
just
begun one hundred and twenty millions, but the increase
in quantity is practically reduced somewhat
by the
deficiency in quality.
With these facts
admitted, then, what may we consider
the prospects of the markets for wheat during
the com¬
ing year? This is a question most difficult to answer;
not less so than one year ago, when
everything seemed
to depend upon the course of
European politics. Great
Britain has undoubtedly a good
average crop, and the
Black Sea is open to her buyers. These facts, with the
increased yield in California and Oregon, will
compen¬
sate her for any deficiency there
may be in the yield of
spring wheat in our Northwestern States; for she is the
principal buyer of our surplus of spring wheat, sis it does
not
seem
to suit the
Continental markets.
What shall be done with
of winter wheat ?
It
our
admitted
large surplus
seems
large population, a deficiency becomes a serious matter.
Not only must their own wants be supplied, but the
wants of countries dependent upon them.
The excep¬
tionally large shipments of flour which have recently
been made hence to Brazil, are one effect of this
change
in the situation; while the very heavy
shipments which
recently been made hence to the Continent of
Europe are another.
We conclude, therefore, that there would seem to be
nothing in the general aspect of affairs to lead to the
anticipation of any important decline in prices. Great
Britain will probably want less of our
spring wheat, but
Treasurers, depositaries and
super¬
intendents of mints and assay offices.
The delay in issuing it
arises from the time taken in getting returns from distant offices.
LIABILITIES, JULY 31.
Coin.
Fund for redemption of certificates of
June 8, 1872
Post-office Department account
deposit,
Currency.
51,580*000 00
1,747,312 90
Disbursing officers’ accounts—
Trpnanrv
I reasury
i $1,333,921 02
omces
-j
10,$58,4*29 70
1,333,921 02
coin,
|
cur.,
13,100,930 01
National banks
2.744,607 70 cur.. J
Fund for redemption of notes of national ba ks
.
“failed,” “in liquidation,” and “reducing circu¬
lation”
Five per ce# r- demrtion
United States notes
9,777,322 00
fund—
$1,728,594 02)
9,453,374 84 f
National bank notes
11,181,968 86
Secretary’s special deposit account
Currency and minor coin redemption account....
25 25
Interest account
Interest account, Pacific Railroads
Comotrol'er of the Currency, agent for creditors...
Treasurer United States, agent for paying interest
on 3*65 D. C. bonds
Treasurer United States, agent for paying interest
..
Old Funded Debt, D. C
Treasurer United States, Commissioner
’
872,038* 50
64,323*66
Fund, D. C
Treasurer’s transfer checks
Gold
Sliver
outstanding—
$600,433 17)
f
3,888 43
13,980 bO
28,230 00
845,923 54
47,914 86
Sinking
Currency
2,312,843 64
Interest account, L. & P. Canal Company
Fund for redemption of na’ioual bank gold notes..
Treasurer’s general account—
9,109 94
10,649 07
8,489 48
on
2,599 55
604,326 60
2,312,843 64
1,23U 00
1,720 00
Special fund for redemption of
fractional currency
Outstanding drafts.
Balance...
probable that it will all be
wanted by the Western portion of the Continent of
Europe; accounts agree that the wheat crops in France,
Italy and Western Germany are deficient. France and
Italy are usually exporting countries; and with their
have
actual returns from Assistant
Treasurer’s general accountinterest due and unpaid
Called bonds and interest
Coin certificates
,
$10,000,000 00
2,14,689 99
3,963,995 56
16,878,685
&
$9,470,946 84
.
8,501,389 77
44,632,130 00
Outstanding drafts
143,906 89
Balance, including bullion fond..160,163,195 70
222,911,569 20
$225,787,974 28 $107,547,*89 38
ASSETS, JULY 31.
4
Gold coin and bullion
Gold
Coin.
$132,014,619 41
Currency.
bars.
Siaodard silver dollars
Silver coin and bullion
Gold certificates
Silver certificates
Old demand notes
National bank gold notes
Fractional currency redeemed
7,730,331 63
13,637,917 73
18,170,420 00
2,647,940 00
in silver....
Quarterly interest checks paid
Coin coupons
Coin coupons,
raid
D. C. bonds—old fund. debt.
Registered interest paid
Unclaimed interest paid
Deficits, unavailable funds
Deposits held by national bank depositaries
United States notes
U. S. notes (special fnnd for redemption of
fractional currency)
National bank notes
Silver coin received in lieu of currency
Fractional currency
1,720
95,767
29,927
882,583
5.805
483,287
21,894
6,703
00
58
29
22
00
50
50
36
50,109,557 01
1,819,995 00
11,550 00
3,120 00
722,492 28
10,536,3 8 91
67.105,859 19
10,000,0f0 00
14,117.824 82
1,107,509 19
98,589 61
190
THE CHRONICLE.
Nickels and minor coins
New York and San Francisco
One and two year notes
Coin.
Currency.
$1,338,132 79
190,500 00
exchange
10 50
Compound interest
notes
3'G5 District of Columbia bonds
Coupons District, of Co umbia bonds
Redeemed certif's of deposit, June
8, 1872
Pacific Rai road interest
paid
7 3-10 notes purchased
Interest
on
32,062 OS
595 00
460,000 00
8,750 31
Coupons, L. & P. Canal Co
$225,787,974 23
SITEV
OF
4f LOKilOM
AT
L4TKST
4NO Oft
SiPNIltiN
¥> \ TES.
TIMS.
Paris
RATE.
25.15
3 months.
<w
Hamburg
4i
...
4k
It
Amsterdam.
Amsterdam.
short.
Vienna
3 mouths
44
St. Petersburg.
44
Genoa
44
Milan
Lisbon
90 days.
Cadiz
3 months.
44
Madrid
New York
60 days.
Bombay...
..
..
ft 25.25
!
@20.65
12.1% @12.2%
11.85 @11.90
21 11-16-21 13-16
27.65 @27.70
27.65 @27.70
51%@52
47%@17%
47%@47 %
44
....
#
•
•
short.
25.17
•
•
•
•
-
Aug. 9.
4
.
44
short.
20.4)
3 mos.
20 39
20 39
short.
44
i 4
44
25.19
12.05
44
....
.
.
.
Aug. 9.
Aug. 6.
3 mos.
Aug
short.
....
.
.
.
27.05
.
.
.
3
60
6
mos.
4885
days.
44
4v
Aug.
7.
44
4.8:'%
8%tf.
Is. 8Ad.
9Ad.-is. 9Ad
ts. 2Ad.
1 s.
mos.
44
3s.
44
44
3s. 10
3 mos.
96%
correspondent.]
market is still very
limited,
large extent,
precaution¬
The total of advances and bills discounted is
at a low
point, viz., £18,309.896, which is, however, about
£300,000 in
is
35’98 per cent, against 34 46
per cent last
44£ per cent last year. The belief still is that
money
will be
decidedly dearer in the autumn ; but it must be borne in
mind that there is no reason to
expect a vast improvement in
trade, though a decided increase in the extent of our
commerce
week
15,415,077
19,876,5*23
12,172,803
8,602,963
21,853,445
28,895,002
33,802,178
26,071,558
21,783,048
58 83
2 p. c.
2 p. c.
.
4 p. c.
2 p. c.
94 %
53s. lud.
9 2%
58s. on.
cot ton...
8%d.
twist,fair
now
and
96%
93,631,003
35*98
4
d. c.
96%
94%
65s. bd.
6 1-lbd.
5%d.
lid.
28.481,1C1
8,6*22,089
4i%
46s. 8d.
7%d.
Is. 0%d.
10%d.
44s. lUd.
6%d.
10%d.
85,557,000 95,288,000
82,667,600
GOLD.
following
foreign markets
11%®
....
6
@74 9
@73 10
9
5%@
3%@
....
Discount. 3
d.
52%
@
@
©
@
53
nearest.
peroz
51%
...
per cent.
the current rates of discount
are
....
d.
,
d.
8.
9%@
73
76
76
standard, nearest.
standard, nearest.
per cz
Quicksilver, £7 0s. Od.
The
77
77
74
.....peroz.
peroz.
per oz.
Gold....per oz.
d.
8.
per oz. standard.
per oz. standard.
per oz., nominal.
per oz.
silver.
Bar Silver, fine
Bar Silver, con’ng 5 grs.
Mexic»n Dol ars../.
Five Franc Pieces
at the
....
....
....
....
principal
:
Bank
Open
rate.
mark’t.
p. c.
2
P;iri8
Brussels....
3%
3%
Amsterdam
Berlin
excess
to liabilities
9,932,795
13,786.952
.-'panish Doubloons
Genoa
Geneva
reserve
£
19/86,659
14,967,178
18,309,896
3,430,869
2i,601,561
South American Doubloons
United States Gold Coin
German gold coin
Hamburg
increased, owing to harvest requirements, and the total
shows a reduction of £300,444. The
proportion of reserve
-
gold continue to be absorbed by the
export demand, and some sovereigns have been taken out of
the
Bank in connection with the recent
Portuguese loan. The silver
market was steady in the
early part of the week; but it has since
become dull, and prices have had a
downward tendency. The
weekly sale of bills on India showed an unsatisfactory
result, the
price realized being only Is. 8d. the rupee. The
following
prices
of bullion are from tbe circular of
Messrs. Pixley & Abell:
ary.
circulation and the circulation of
1878.
£
18,192,567
deposits
Upland
1877.
29,250,879 29,259.906
5,440,031
5,2:6,390'
27,992/67 21,H40,78 )
15,617,896 14,99»,554
16,181,455 18,027,819
Bar Gold, fine
Bar Gold, reftnable
but in spite of this the
money market ia firm in tone, and the
banks and discount houses are
unwilling to lend, except at fully
the recent advance in the
quotations. Very little accommodation
is obtainable under 4
per cent, which is the Bank rate, and it is
stated that as much as five and six
per cent has been paid at the
Bank of England for advances.
The banks have,
during the
week embraced in the last Bank
return, withdrawn a considera¬
ble amount of
money from the Bank of England, the diminution
in “other deposits"
being as much as £1,990,772 ; but there is a
falling off of £355,762 in “other securities." It is evident, there¬
fore, that the demand for money is, to a
coin have
1876.
£
28.t03.682
Clearing House return. 99,001.000
All our imports of bar
~’5%
....
Aug. 8.
supply of bills iu the discount
note
1875.
£
£
27,353,259
3,861,708
18,597,159
bank post bills
Public deposits
No. 40’s mule
2d quality
London, Saturday, Aug. 10, 1878.
The
1S74.
Circulation, including
Mid.
*
....
Aug. 6.
Aug. 7.
of last year.
years:
English wheat,av.price
-
The
previous
Consols
116.03
44
9.
Aug. 6.
Aug 9.
•
our own
English wheat, the price of Middling
Upland cotton, of No. 40’s Mule twist, fair second
quality, and
the Bankers’
Clearing House return, compared with the four
liabilities
Bank-rate
.
.
Alexandria....
LFrom
Bank of
to
.
•
....*
3*
3%
3%
showing the present position of the
England, the Bank rate of discount, the price of
Consols,
...
9.
....
statement
coin
Coin and bullion in
both departments
Proper ton < f reserve
RATE.
....
Is. 8tf.
Is. 8a.
...
Hong Kong...
Shanghai
Singapore
Aug.
@20.65
@20.65
25.37% @*5.42%
12 3% @12.4%
....
Calcutta
TIME.
25.31%®25 56%
*0.61
*0.61
20.61
it
Frankfort
Antwerp
DATE.
|
short.
Paris
Berlin
a
Other securities
17 352,423
Reserve of notes and
LATEST
ON—
Annexed is
Other
EXCHANGE ON LONDON.
3
....
....
e
Government securities. 13,5-3 459
EXCHANGE AT LONDONAUGUST 9.
Per cent.
Joint-stocK banks
Discount houses at call
Discouut nouses with 7 days’ notice.
Discount houses with 14 days’ notice
the average quotation for
$107,547,189 35
SfcXouctavgi Commercial guglisk 3Xcws
[VOL. XXVII.
4
4
4
4
5
4
..
Frankfort..
Leipzig.,..,
Bank
1%
3@3%
3 3*
@3%
2%
2%
2%
2%
St. Petersburg
Vienna and Trieste...
Madrid,Cadiz and
Bar-
celona
Lisbon and Oporto....
5
3%
4% 4k'@4%
6
6@7
6@7
3@4
6
NewYork
Calcutta
4
Copenhagen
4%
The stock markets have been
adversely affected
tain condition of the
money market. There is
belief in dearer money in Stock
Open
rate. mark’t.
p. c.
p. c.
6
4%@5
p. c.
4%
by the
a
uncer¬
very
strong
Exchange circles, and,
conse¬
quently, “weak bulls" are anxious. Realizations continue,
therefore, to take place, and during the week the value of most
classes of securities has declined.
Several new companies have
been introduced to public notice
during the week, but they are
is fully looked forward to. The
saving on account of our imports only of domestic interest.
will be very large, and this must have
an
important influence
Now that* money has become
dearer, Colonial loans are not
upon the money market, not precisely by
lowering the quotations} taken up with the eagerness to which we have been
but by checking an
upward movement.
During the eleven accustomed. A loan for South Australia was tendered lately
for on
months ended July 31, our cereal
imports are estimated to have Wednesday, but the
applications
for
a
£688,500 reached
total of
cost us £61,431,000, of which
£30,557,782 were for wheat and only £125,200, at an
average price of £95 4s. The balance of
nearly £7,000,000 lor flour. Last year, in the sam8 period, wheat
£563,300 remains open for subscription.
cost us £23,829,100 and flour
£5,530,841, the total value of our
Tenders are invited for a five per cent consolidated loan for
the
cereal imports
being £50 575,100, or £10,000,000 less than in the
municipality
of
Dunedin,
New
to
Zealand,
the
extent
of
current season.
£600,000.
During the first four mouths of the current sea¬ Of this, £370,900 are reserved for the
conversion of previous
son, our imports of wheat cobI us
£13,360,700; iy the second four issues, while for the remainder a minimum
price of 95 is fixed.
months, £9,965,937 ; and it is estimated that they will be iu the
Annexed are the closiDg prices of Consols and the
third four months about
principal
£9,331,000. In the first four months, we American securities at
to-day’s
market,
compared
with
those of
were
importing wheat at the rate of £40,000,000 a year; but dur¬
Saturday
last:
ing tbe last four months it has been at the rate of only
Redm. Aug. 10.
£28,000,- Consols
Aug. 8.
94
000, or a difference of £12,000,000. It is
@94 K
fully expected that we United 8tates 61
109 ■@no'
109 @110
shall save quite
Do
5-20s.
1885 103 @105
£10,000,000 in the agricultural year which is
lu3 @105
Do
1867, 6s
about to commence.
Although the demand
daring the
are
week
firm, and
are
money
has been very
as follows:
Buik rate
Open-market rates:
for
30 and CO days’bills
3 months’bills
moderate/tlie
(
@
..
@
..
purposes
rates of discount
Do
Per cent. ]
4
|
4
1
for mercantile
J
!
Open-market
rates:
4 months’bank bills
Per cent.
4
6 months’bank bills
4
4 and 6 months’trade bills. 4
@
@
@5
..
..
The rates of interest allowed
by the joint-stock banks and dis¬
count houses for
deposits are as follows:
Do
funded, 5s....
Do
10-408, 5s
Do
funded, 4%s
Do
4s
Louisiana Levee. 8s
1887
1904
18 d
1907
1875
6s
Massachusetts 5s
18S8
Do
5s
Do
5s
Do
5s
Do
5s
Do
5s
Virginia stock 5s
Do
6s
Do
New funded 6s...
106%@106%
106%@1U7%
110%@111%
106%@1(J7
Ill
107%@108
.'
1894
1900
1889
1891
1895
1(2
42
42
105
Ida
106
105
105
106
28
2f>
..
56
@104.
@ 51
@ 52
@107
@108
@108
@107
@107
@108
@ 3;
@ 30
@ 58
108% @108%
@112
io6%@io?%c
102
44
44
105
It*
104
105
105
@104
@ 52
@ 53
@107
25
@ 30
@ 59
@108
@108
@107
@107
106 @108
*8 @ 34
57
-
August
THE CHRONICLE
24, 1878. j
The
AMERICAN DOLLAR BONDS AND SHARES.
Redm.
Aug. 10.
Albany & SnQquehanna cons, raort. 7s. Nos.501
to
1,500, inclusive, guar, by Del.&Hnd.Canal.. 1906
99
28
@101
10
12
Aug. 3.
Atlantic <fe Great Western 1st M., $1,000, 7s... 1902
Do
2d mort., $1.000,7s..1902
Do
3d mort., $1,000
1902
Do 1st mort. Trustees’ certificates'....
Do 2d
do
do
Do 3d
do
do
@ 81
9
@ 11
5)4 @
29 @ 31
Atlantic Missis-ippi & Ohio, Con. mort., 7s....1905
30
30
90
@ 32
@ 32
88
70
@
35
@ 37
88
@ 90
....
do
5#®
Committee of Bondholders’ctfs.....
Baltimore & Potomac (Main Line) 1st mort, 6s. 1911
do
(Tunnel) 1st mortgage, 6s.
(gnar. by Pennsylvania A No. Cent. Rail ways). 1911
Burl. Cedar Rap. & No. RR. of Iowa, 1st mort
Central of New Jersey shares
Do
Do
mort.. 7s
1899
funded coups, from
April 1,18.7,
cons.
ex
to
July], 1879. incusive
@ 90
88
@ 90
75
@ 75
@109
@ 95
74
108
94
© 76
@109
@ 97
98 © 39
96 © 98
10J @105
45 @ 50
45 @ 50
lw#@ 18#
23 © 25
22 © 23
50
50
17#@ 17#
22 © 23
21
@
©
©
©
.©
©
©
33
35
35
•
•
•
62
85
85
103
99
22
34
37
35
•
•
-
3^4@ 31*4
36
@ 38
33*4© 36#
•
-
@105
103
99
@101
.@
1905
96
@ 97
16
@ 17
@105
41
© 43
34
33
101
97
@ 31
@103
@ 36
@ 34
@li'3
@ 98
18# @ 19#
10?
109
@’.09
© 10
@109
10?
gnar. by Penn. R’y Co..
1910
Atlantic & Gt. Western consol, mort., Bischoff. «
certs, (a), 7s
1892
Atlantic & Gt. W. Re-organization 7s
1874
Do.
do.
leased lines rental trust, 7s. 1902
Do
do.
do.
1873,78.1903
Do. 5
do.
Western exten., 8s
.1876
Do.
' do.
do. 7s, guar, by Erie R’y.
Baltimoie & Ohio, 6s
1895
Do
Do.
Do.
98# ft 99#
..
6s
6s
1902
1910
.
99
.@
.©
43 @ 48
•
•
•
•
•
•
17
26
26
108
108
106
87
29
105
@100
@
.@
@ 43
@ 20
@ 30
@ 30
@110
@110
@109
....
.
...
•
...
•
•
@i;o
1(8
■@ no
@108
@ 89
© 31
103
107
88
5s, 1377.1
1927
@ 90
Cairo & Vincennes, 7s
29 @ 31
1909
106 @107
Chicago & Alton sterling consol, mort., 6s.
1903
@107
Chicago A Paducah 1st mort. gold bonds, 7s...1902
.@
@ ...
The weather has remained favorable for the crops, and some
rain which has fallen has been of immense benefit to the roots
..
Russia
UnitedSta’es
British North America
...
....
8,655,187
27,215,111
3,297,088
5,4*7,225
Germany..
France
Chili
9,015.240
...
•
and grasses. The
and former prices
1874-75.
Cwt.
8,471.109
20.697,981
15,295,450
1,166,318
7.287,474
20,877,352
2,429,739
3,863,281
3,096,214
3,314/25
1,479.840
547,471
4,035,495
1,017.1*57
1.J8S.3J2
243,421
1,045,694
f 3 *,405
1,827,070
2,504,393
702,805
3,8:6,359
1,387,185
2,341.486
4,358.535
1,44 3,0J7
2,465 367
352,083
3/97,212
82 i. 261
50,905,010
4),00 7,935
48,901,100
38,223,ell
1,284,228
916,739
3,• 52,411
976,081
1,876,024
817,791
1,159,350
337.765
2,104,776
151,131
1,679,141
1,137,145
658,844
1,55S,224
2,045,037
199,722
625,644
7.695,939
6,235,193
5,591,659
5,087,571
61,103
182,596
Moldavia
1875-7*.
Cwt
Cwt.
594,020
888,846
and
Walla :hia
Egypt
Briti h India
Other countries
Total
305,639
FLOUR,
Germany
France
United States
British North America.
Other countries
Total
Annexed
is
a
return
1,582,8!6
2,185.092
2*4/83
showing the estimated value of
our
imports of cereal produce since harvest, viz., from September to
July, inclusive, compared with the corresponding period in the
three previous seasons:
1877-73.
Wheat
.
Barley
.
Cats
f'eas
.
Beans
Indian Corn
Flour
.
.
.
Total
.
The Board of Trade
ended
July 31, were
following results:
1976-77.
1375-76.
£
1874-75,
21,829,i 93
:23,166,270
4.725.356
19,705,395
3,2JV,516
4,214>91
5,226,182
£
£
30,557.732
5,577,941
4,153, 70
718,522
1.018,799
11,425,538
6,974,232
4,540.300
538,439
issued
0,223,977
4.053,348
50,575,059
49,183,791
42,699,813
the
months
July, and
Wednesday.
The
....
1/67,6? 8
seven
They show the
1876.
£
Imports in July
Imports in seven months...
Exports in July
Exports in seven months
800,562
5,53i',8(l
for
on
6,122,676
1/65,392
9,717,>23
4,181,863
9,8 3,451
61,430,984
returns
£
61 '.537
1,517.579
....
4i
17
26
26
@ *0
@ 30
@ 30
1876-77.
Cwt.
@109
@111
@109
AMERICAN STERLING BOND8.
i.
Allegheny Valiev,
1877-78.
© 67
120#@121#
111 @113
35 ® 10
@40
@ 34
107
108
@7
seasons :
WHEAT.
64*
....
© 42
..1880
..@
©
@101
.@
...
40
Pittsburg Fort Wayne & Chicago equipment
bonds (guar, by Pennsylvania R. R. Co.), 8s
,
85#® 66#
119V,@l£0#
Philadelphia & Reading $50 shares
•
63
85
63
87
© 86
...
Pennsylvania, $50 shares
1898
70 @ 75
88 y% @ 39#
83 @ 91
98
05
@
@
@
@
previous
5M@ 6#
® 32
@ 32
@ 92
@113
Union Pacific Railway, 1st mortgage, 6’s
the three
12
@ 92.
111
35
32
32
101
1889
@ 31
30
30
90
108
96
103
45
45
...
Union Pacific Land Grant 1st mort.. 7s
S9
10
96#@ 97/,
bonds, English, 7s
19C4
New York Centra* & Hud. Riv. mort. b’ds, 7s
New York Central $100 shares
Oregon & Califotnia, 1st mort., 7s
...1890
do Frankfort ommit’e Receipts, x coup
1st mort., 6s
con-«ol. sina’g fund raort. 6s
@101
@ 30
@ 11
t'A® by3
*>#
73
93
Do preference, 7s
Do reconstruction trustees’ assessm’t, $3 Da!d...
Do
bo
$2 paid...
Do convertible gold bonds, 7s
1904
Do reconstruc ion trustees’ certificates, 7s
Galveston & Harrisburg, 1st mortgage, 6s
1911
Illinois Central. $100 shares
Do
Bonds. 6s, 1st ML Chic. & Spr gf..l893
Lehigh Valley consolidated mortgage, 6s
1923
Marietta <fc Cin Railway, 1st mort., guir., 7s. 1891
Missouri Kansas & Texas, 1st mort., gnar. gold
Do.
Do.
99
23
9
following return shows the extent of our importations of
Wheat and flour since harvest, viz., from September to July
inclusive, together with the principal countries whence those suppies were received, compared with the corresponding period in
Turkey,
Central Pacific of California, 1st mort., 6s
1896
DoCalifor.&Oregon Uiv 1st inort.gld.bds,6s.l892
Do Land grant bonds, 6s
1890
Chicago Burl.& Quincy sinking fund bonds, 5s ...
Del. & Hnd. Can. mo tgage bonds, 7s
Detroit & Milwaukee 1st mortgage, 7s.
1875
Do
2d mortgage, 8s
1875
Erie $100 shares
Do reconstruction trustees’ assessm’t, $5 paid..
Do
do
do
$4 paid...
191
1877.
£
1878.
£
31/76.898
3n,15>!,8-:0 35,851.814
232,349,223 226,279,668
16,484,587 17,587,301 16,4(0,857
115,291,646 112,821,431 lllfU61,257
following figures relate to the
seven
months ended 31st
July:
1876.
Imports of cotton
Exports of cotton
Exports of cotton yarn.
1877.
1878.
cwt.
8.765,4o7
8,724,062
cwt.
1,693,926
1C5,481,600
875,00 4
715,896
12^,4'>5,2.0
147,732.800
2,061,750,700
....lbs.
Exports of cotton piece goods, .yds.
Expbrts of iron and steel
tons.
Exports of linen yarn
...lbs.
Exporis of linen piece goods ...yds.
Exports of jnte manufactures...yds.
Exports of silk manufactures
Exports of wool, British
lbs.
Exports of wool, colonial and
foreign
lbs.
lbs.
Exports of woolen yarn
yds.
Exports of woolen cloth
Exports of worsted stufls
yds.
Exports of blankets und blanket¬
ing
yds.
Exports of flannels
yds.
Exports of carpets
yds.
2,058.331,2(0 2,199,48*,500
1.231,596
1,340,756
8,340,512
1/26,917
13,479,507
11,313,127
11,696,500
trade for wheat has been dull during the week,
100,8 0,906
110.710,837
111,912,150
have been with difficulty supported.
68,776,418
65,624,277
65,181,100
£957,694 3 £976,531
£1,07S,144
During the week ended Aug. 3, the sales of home-grown wheat
3,922,476
3,915,825
3,657,878
in the 150 principal markets of England and Wales amounted to
101,501,453
115,435,941
117,491,427
32,750 quarters, against 23,286 quarters last year; and it is esti¬
15,906,119
14,<’45,2' 0
17,428,100
23.2 6,300
23.956,300
mated that in
24,867,200
the whole
Kingdom they were 131,000
137,135,300
116,8l9,9d0
118,090,800
quarters, against 93,150 quarters. Since harvest, the sales in the
3,103,110
3,401.000
3,585,40#
150 principal markets have amounted to 1,880,024 quarters,
3,531,100
4,494,60#
4,219,700
3,214,650
3,502,900
3,455,70$
mgainst 1,965,371 quarters; and it is computed that in the whole
The
Kingdom they have been 7,520,100 quarters, against 7,861,500
following were the quantities of cotton manufactured piece
quarters iu the corresponding period of last season.
Without goods exported in July, compared with the corresponding period
reckoning the supplies furnished ex-granary, it is estimated that in the two preceding years:
the following quantities of wheat and flour have been
COTTON PIECE GOODS OF ALL KINDS.
placed
1876.
1877.
1878.
upon the British markets since harvest :
.
Imports of wheat
1877-8.
1876-7.
1875-6.
1874-5.
cwt.
cwt.
cwt.
cwt.
41,2v2.S86
6.264,713
34,096,600
51/22,733
5,889,4-48
39,469.474
6.239,566
35,O4o,0D0
46,602,000
1,60,,995
8!.613.5'9
843,931
92,557,181
502,912
92,311.040
93,561,812
80.769,668
91.654,269
5'Js. 3d.
53s. lid.
45s. lid.
92 047,531
44s. In.
....51,9 4,751
7,674,53?
Imports of flour
Bales of home-grown produce.
....
,
To Germany
Yards 3,610,100
To Holland
2,815,600
ToFmnce
8,450.200
To Portugal, Azores, and Madeira
5,578,600
To Italy
8,:-3\400
To Austrian territories....
894,200
To Greece
2,015,500
To Turkey
20,248,600
To Egypt
9,218,000
To We.-t Coast of Africa
4,007,(100
To United States
4.179,700
To Foreign West Indies
4,730,H< 0
7
To Mexico
881,000
To United States of Colombia (New
-
.....
Total
Exports of wheat and flour....
Result
Aver, price of Eng. wheat for
.
.
season
263,504
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 years:
IMPORTS.
•
1877-8.
Wheat
Barley
Oats
Peas
Beans
Indian Corn
Flour.
1876-7.
1875-6.
1874-5.
4l.282,8S6
51,622,733
12,2-0/33
1,,3 4 371
7,90(1,877
39,469,474
12,6 <7,804
1.259,.97
4,209,8t,G
32,177.814
7,674,587
11,701,492
1,380, 03
in ->*n -'A?
1
Ay
<$•**!
2.867.660
28,971,079
5,889.443
15,577 061
6/39,511
796 569
872,589
50,472
8>.995
206,209
181,6 in
2^,869
2-,< 45
356,405
3s,582
31,540
10.611
4 6,137
48,595
30,323
6,264,713
EXPORTS.
Wheat
.......
Barley
Oats
Peas
Beans
Indian Corn
Flour
19,929
.
.
..
19^762
47/62
'
14,979,000
Uruguay
Argentine Republic
Chili
Peru
China and
3,9r>3,200
2,065,500
6,143.100
1,701,100
Hong Kong
To-Japan
To Java
To Philippine Islands
To Gibraltar
To Malta
To British North America
To British West India Islands and
Guiana
To British possessions in South Africa.
To British India—
35,074,500
27,674,500
2,743/00
5,056,200
13,072.200
2.988.400
6,349,50#
8.350.500
2,9?8,900
21.463.400
4.216.400
4,002,400
3.438.300
4.832.900
6,390,500
2,445,400
1,138.100
5,272,600
5.881.700
4.582.400
1,723,200
8,070,600
4.663.400
3,948,100
2,073,100
4,419,800
2,854,000
3.908.500
19,387,500
29,550,700
16.912.400
2,663,000
90,197,500
11,458,600
2,214,400
2/65,40#
71,474,800
3,790,500
1,711,500
78,885
Bombay
18.721
Madras
2,663
46,481
57,300
Bengal
65,186,800
Ceylon
1 734,100
Straits Settlements
1,931,60#
4.913.900
15,873,800
3,204,000
6.270.300
7,031,200
2.722.900
2,071,800
Granada)
4,032,600
19,159,300
....
Brazil
y.883,100
4,Oil!*,400
8,367,600
6.646,0-Ml
5,941.806
3,377,206
4,328,6C0
4,S«7,9CO
8,980,000
1,016,000
4.431.800
37,456,600
7,276,000
2,257,000
3,436,80#
5.387,600
1.766.700
..
To
To
To
To
To
To
6,336.100
4,32*,600
5,628,760
4/92/00
7,416,200
1,162, t00
5,00 ,300
9,73
100
-
1,652 4.0
4.841.800
2.853.500
6,77#,80#
1,634,00#
192
THE CHRONICLE
1878.
5,576,400
19,630,600
18,924,300
Total unbleached or bleached
200,448,500
Total printed, dyea, or colored
81,601,800
Total of mixed materials, cotton
pre¬
248,705,800
109,412,500
199,795,200
93,390,500
928,700
1,056,500
854,300
282,982.000
359,175,200
294,040,000
dominating
Total.
OTHER
MANUFACTURES
lace aDd patert Det
The
been
OF COTTON.
£52,770
£97,175
Hosiery of all sorts
Thread for sewing
lbs.
Other manufactures,
unenumerared....
Total
Same time In—
1877
1876
1875
1874
1873
1872.
5,326,500
27,055,000
£62,316
£35,007
710,57?
£6S,493
£69,892
1,104,120
£88,672
£30,154
value of cotton manufactures
....£1,223.619
£5,180,793
£4,372,960
daily closing quotations in the markets of London
pool for the past week have been reported by cable, as
the following summary:
London Money and Stock Market.—The
bullion in
of England has increased
£56,000 during the week.
Tues.
Wed.
95 1-16
95 3-16
94 15-16
95 1-16
95
95 1-16
106#
103#
10r>*
10S*
107#
105#
Liverpool Cotton Market.—See special
Liverpool Breadstufis Market.—
showp
1869
| 1868
89,610.897 1 1867
1866
follows
at this port
24,713,945
during the
same
:
Vera Cruz
Aug. 17—Str. Colon
Foreign silver
Amer.
Amer.
Amer.
;. Amer.
Amer.
Amer.
$92,568
silver
11,968
gold.......
1,026
gold
silver
15,000
27 915
gold
10,555
gold
658
Amer silver:
454
Foreign gold
Aspinwall..
in
periods have
2,050
18,542
Amer. silver
Amer. gold.......
Gold bullion.
452
6,300
....
Total for the week
(£131,44? silver, and
reported ($9,518,923
the Bank
$36,041 gold)
silver, and $4,6:10,850 gold)
Previously
Total since Tan. 1, 1878
Same time in—
1877
1876
1875
1874.
1873
1872
Fii.
94 11-16
94*
10b#
108#
107#
105#
103#
107*
115#
107*
105*
and Liver¬
Thar.
94 13-16
106#
1
Aug. 14—Schr. Maggie Masters..Windsor
Aug. 16—Str. Pereire
......Havre...
The
Mon.
:
1 1870..
imports of specie
as
Same time in—
Aug. 12—Schr. B. F. Farnham...Maracaibo
Aug. 14—Sir. Hadji
Laguayra
English iUarhet Heporu-Per
Cable.
Sat.
Ooneoie for money.. 95 3-16
“
account.. 95 5-16
D.8.6B (5-206) 1867.... 106*
0. 8.10-406
1(8 W
5sofl8Sl
107#
New 4#s....;
105#
[
$22,574,970 11871
Aug. 12— Str. City of Merida
£125,146
861,037
[Vol. XXVII.
1
yards.
To other countries
1877.
i
ToAnstralia
1876.
4,638,800
91 13-16
106*
1C 8
107^
as
3,125,780
gold)...$14,397,261
1871...
1870
$7,561,163
7,522,732
.
9.835.856
4.956.109
...
.
report of cotton.
$8,162,6t4
and $1,726,891
Same time in—
8.228,655 1869
3,587,112 1868
2,966,968 1867
2,869,137
The transactions for the week at
the
......
105#
($9,670,370 silver,
$187,488
14,209,773
1,743,560
...
follows:
'
Sub-Treasury have
been
-
Sat.
b.
Flour (extra State)
#bb)
Wheat (R. W. spring).
cti
“
(Red winter)...,
“
“
(Av. CaL white).. “
*
(C. White club)... “
Corn (new W. mix.) #
quar.
Peas (Canadian) $ Quarter.
Mod.
d.
26 0
90
94
10 3
10 6
.
23
0
34
0
Tues.
b.
d.
d
26 0
90
b.
3
6
0
0
10
10
23
34
Mon.
...
—
Taei.
e.
d.
b.
74
49
34
0
0
6
0
0
74
49
34
37
38
44
d.
0
0
0
9
44 0
Liverpool Produce Market.sat.
e. d.
Rofiis (common)... f cwt..
“
(fine)
4
10
“
Petroleuin(reflned).
¥ gal
...
“
9
0
4
10
e.
4
0
10
9*
*
3
9
22
Tues.
d.
9
9*
7#
(spirits)
“
Tallow (prime City).. # cwt. 37
Spirits turpentine.....
Mon.
e.
37
22
Vi
3
9
37
22
26
9
Wed.
Thur.
b.
d.
C
0
0
38 0
44
0
8.
74
49
34
74
49
34
38
44
Wed.
d.
9
0
e. a.
4
10
9*
7#
9
0
37
22
•J
9
3
9
Mon.
£. e. d.
8 30 0
ci o
8ugar(No.l2 D’ch std>
onepot, ^ cwt
23
3
23 3
67
32
28
I
!
Linseed oiton
28
5
Taes.
3
9
i
23
67 0
31 0
28 10
0 0
0 0
5 0
3
0
0
0
Thur.
£ b. d.
8 10 0
51 3
23
67 0
32 0
28 10
£ 8. d.
8 10 0
51 6
S
0
0
0
44
23
67 0
32 0
28 10
6
Fri
-
8.
d.
4
10
9
0
37
22
3
9
9#
37
22
Wed.
£ s. d.
6 10 0
51
0
0
3
o
9#
7#
7#
Oil Markets.—
feat.
£ e. d.
Ihne’dc-ke(obl).^ tt. 8 10 0I
lAaseed (Cal.) ^ quar.
50 6;
38
0
9#
7#
V
0
C
d.
b.
Fri.
£ e. d.
8 10 0
6
3
'23
0
67 0
32 0
28 10
3
0
0
0
Imports and Exports for the
Week.—The imports last
week showed a decrease in
dry goods and an increase in genera]
merchandise.
The total imports
were
$6,298,096, against
f5,868 638 the preceding week and
$5,967,036
two weeks
pre¬
vious.
The exports for the week
ended Aug. 20 amounted
to
$6,378,179, against $6,636,776 last week and
$6,241,967 the pre¬
vious week. The
following are the imports at New York tor
week ending (for dry
goods) Aug. 15 and for the week
(for general merchandise)
ending
Aug. 16:
421.000
Drygoods
General merchandise...
Total for the week.
Freviouely reported
$2,769,032
4,831,19S
$2,137,319
$7,603,230
$5,179,595
135,514,617
3,042,276
220,534,764
Since Jan. 1
In
$228,134,984
$193,694,212
report of the dry goods trade will
goods for one week later.
our
of dry
The following
from the port of
is
a statement of the
New *ork to
1878.
$2,*03,425
5,071,892
$2,035,637
4,212,459
$7,275,317
203,515,042
$6,298,096
175,564.546
$215,790,359 $181,862,642
be found the
imports
exports (exclusive of specie)
ports for the week ending
foreign
Aug. 20:
EXPORTS FROM NEW YORK
FOR THE WEEK.
1875.
For the week..
Previously reported
Since Jan. 1
1876.
$4,740,139
153,495,650
$4,519,341
160,089,851
$158,235,789
$164,603,192
187S.
$5,781,979
$6,373,119
164.6-8,355
209,933,426
$170,670,334
$216,311,605
The following will show the
exports of specie from the
New York for the
port of
week
ending Aug. 17, 1878, and also
parison of the total since Jau.
1, 1878, with the
totals for
Liverpool',
.
Aug. E—Str. Sue via
Aug. 17—Mr. City of Beilin
.
*
London
Liverpool...
Foreign silver
Mex. silver dols.
Arner. gold coin..
Amer. silver bars.
Arner. silver bars.
Total for the week
($114,568 silver, and $500,000 gold)
reported ($4,168,639 silver, and
Previously
$5,*55,140 gold)
Total since Jan. 1. 1876
($4,293,207 silver, and $5,755,140
gold)...
a
com¬
corresponding
several previous years :
Aug. 13—Schr. Win.R. Knighton.Ruatau
Aug, 15-fetr. Celtic
.
$1,700
79,868
600.000
35,000
8,000
$624 '68
9,423]?)9
$10,048^347
00
121.671.465 74
123,894,797 30
855.1 -*3 16
319,362 45
523,020 74
442,26 ) 03
438,703 76
286.632 97
251,177 55
931,046 67
133,739 32
167,631 59
869.769 28
487,0)0 39
347.805 36
680,859 32
898,529 81
$3,650,100 15 $2,010,966 44 $3,863,342 51
49,205,621
55
48,992,379 19
Montclair & Greenwood
Lake.—August 17 an application
made to the Chancellor of New
Jersey by some of the second
mortgage bondholders, for an injunction to
prevent the sale,
preparatory to a review of the foreclosure
proceedings,
on the
ground that the decree had been obtained
by
collusion,
that
and
the bonds had not been
sold, but hypothecated at a very small
percentage of their face value.r The Chancellor.refused to
grant
any injunction, but, by consent of
counsel, the sale was postponed
one week, until
August 24.
St. Paul & Pacific.—An Ottawa
(Ont.) dispatch of Aug. 17
says: “It has leaked out that the Government has
Canadian Pacific
signed
a
lease
{tailway, giving
the St. Paul & Pacific
Railroad the exclusive
monopoly of that
branch for ten years, the Government
retaining the privilege of
terminating the lease at the end of five years
by paying the St.
Paul & Pacific an amount to be
decided by arbitration. A bill to
sanction such an
arrangement was thrown out by the Senate at
the last session, and the
Government has assumed the entire
responsibility for such
U. S.
a
step.”
Bonds, Registered
Commercial Advertiser,
and
Coupon.—From
Mr. Norvell
have the following :
TBEA8UBY OF THE UNITED
STATES, WASHINGTON, August, 1878.
Editor of the Comm rciat A
dvertxser:
we
To the
Sir:—I have received your favor of
the 15th inst.,
tion of a statement
showing the number of persons suggesting the prepara¬
holding less than ten
thousand dol.ars ($10,00 ) of the
registered stock of the 5 per cent, 4* percent
and 4 per cent loans, and in
response thereto hand you herewith a
statement
showing not only what you suggest, but also the
number of persons
more than $10,< 00 of these
stocks,
arid the otal amount held of each holding
loan at
the date of the last dividend.
The number of holders of the
4 per cents
of course,
is,
constantly and
rapidly increasing. Very respectfully,
James Gilfillan. Treasurer
United States.
Statement of number of holders of
registered stock of the funded loans of
the United States (5,
4# and 4 per cents) holding $10,000 or
more, and less
than $10,000:
PER CENT
FUNDED LOAN OF
August (1878) Dividend.
1881.
$10,000 and over
.'
Less than $10,000
Total amount held,
$235,339,450.
4* PER CENT FUNDED LOAN OF 1801.'
June (1878) Dividend.
$10,000 and over
Less than $10,<00
Total amount held,
$147,151,100.
4
PER CENT CONSOLS OF
July (1878) Dividend.
$ 10,009 and over
Less than $10,600
Total amount
—The
1877.
543372 20
994,094 31
$2,316,090 $4,239,295
5
1877.
782,223 36
430,000
374,000
FOREIGN IMPORTS AT NEW YORK
FOR THE WEEK.
1876.
1,099,551 53
-Payments.
Currency.
$235,738 34 $579,338 35
Coin.
was
of the
Commercial and Ittiscellixncons Items.
1875.
493.892 70
438,000
of the Pembina Branch of
the
51
0
0
331 000
Total
Fn.
Coin.
$302,000
Balance, Aug. 16
Balance. Aug. 23
74
49
33
d.
9
4
10
10
10
23
34
<i.
0
C
0
0
Tniir.
ti.
17
19
23
2!
22
23
Aug.
9
9
.
-Receipts. ■
Currency.
$321,160 85 $:,073,554 96
Customs.
e.
0
0
3
3
5
6
0
9
10
10
23
34
3
5
6
0
Fri.
d.
26 0
d.
b.
93
Liverpool Provisions Market.—
Sat.
b. d.
Beet (prime mess) ^ tc.
74 0
Pork (W’t. mess)
# bbl 49 0
Bacon (l’g cl. m.)
$ cw\ 34 6
Lard (American)....
“
36 0
Cheese (Am. fine) new “
44 C
Thur.
d.
26 0
90
26 0
90
93
10 3
10 5
23 6
34 0
94
10
10
23
34
Wed.
b.
having
street.
1,599
6,887
1907.
1.264
10,093
held, $69,464,600.
Ilamburg-Magdeburg Fire
burg, Germany, is
2,910
5,901
Insurance Company, of Ham¬
of the large foreign
corporations now
an office in New York—located at Nos. 42 and
44 Pine
The cash
one
capital, fully paid up (gold), is $625,000; cash
$756,377; total liabilities for re-insurance reserve,
losses, etc., $131,377. The New York trustees are Messrs.unpaid
Chaa.
E. Knoblauch, of Knoblauch &
Lichtenstein ; J. F. Degener, of
C. A. Auffniordt &
Co., and Adolph Engler, of Kremelberg & Co.
assets,
—The St; Louis
Evening Po t of August 17th, in
to the loan of the National Water-Works ofalluding
Kansas
City, says: “The works have cost over
$1,000,060 cash for
construction, and now produce a net income more than sufficient
to
editorially
pay the interest—Kansas
City paying $33,000 a year for the
water us^d by the
city, and private consumers paying the rest. We
need hardly say that the
City
insures
and income.y‘
to the
steady and rapid growfli of Kansas
a
steady increase of business
water-works
August
THE
24, 1878.]
22..339942——MJNeeafrticorhsnoanlts’
CHRONICLE.
Range since Jan. 1,1878.
glue gaufccrs' 05a*ctlc.
Lowest.
6s, 1881
NATIONAL BANKS ORGANIZED.
Comptroller of the Currency furnishes the
following statement of National Banks organized :
commence
business Aug. 15,1878.
Exchange Bank of Lexington, Kentucky. Authorized capital,
$100,000; p iid-in capital, $51 330 72. J. P. Metcalfe, President; J. B.
Wilgus, Cashier. Authorized to commence business Aug. 10, 1S78.
National Bank of Georgetown, Colorado. Authorized capi¬
tal, $50,000; paid-in capital, $50,000.
A. F. Curiis, President; A. H.
Rayuolds, Cashier. Authorized to commence business Aug. 10, 1878.
Per
When j
Payable.
|
Chicago Bur. & Quincy
$4
Sept. 16.
U. S. 6s, 5-20s, 1867.
U. S. 5s, 10-iOs
5s of 1S81
New 4*2 per cents....
Books Closed.
(Days inclusive.)
!Aug. 21
$86,726,800
51,129,900
107,659,150
16,029,000
144,280,S00
235,364,450
155.112,100
80,597,350
64,623,512
107% July 30
105
Aug. 17
102% Jan. 9
122% May 25
Aug. Aug.
16.
as
50.668.500
202,957.050
21,436,300
50.285.500
273,075,900
90,887,900
32,252,650
follows:
Range since Jan, 1, 1878.
23.
Lowest.
Highest.
Jan.
2
Feb. 25
Mch. 1
Feb. 25
109% June 8
111% July 30
109% July 9
107*4 July 30
Bonds.—State bonds have shown
a
little
activity in Missouri sixes, which sold to-day at H)2^(ai02f,
the reports from the State in regard to the treasury deficit
having
excited an unfavorable influence on prices.
Louisiana consols
are quoted at 7i-£@?2-£; Alabama class A bonds at 44.
The Court
of Claims in South Carolina has adjourned again for a short time,
without taking any important action.
Railroad bonds are well maintained on a light business.
All
the popular bonds are strongly held, and the certainty of large
crops throughout a great part of the country puts the roads in a
good position for meeting their liabilities during the next year.
The bonds of those roads stretching into the yellow-fever sections
are depressed, and if their prices should
go much lower purchas¬
ers might consider it a
good opportunity to buy—this, however,
with discretion.
Nothing further has been developed in regard to
Mr. Scliurz’s land-grant decision, and the Washington reports
state that a circular of full information has been prepared
by the
general land commissioner which awaits Mr. Scliurz’s approval,
to Sept. 4
Situation.—Tlie
$196,009,550
106% 106% 106% 105%
111
108
108
L04*2
107% 107% 107*2 103%
106% 105*4 105*4 102%
State and Railroad
FRIDAY, AUGUST 23, 18 78-5 P. M.
The Money Market and Financial
Coupon.
109% July 29
9.
I
Railroad.
-
1
102% Feb. 25
101% Mch. 1
100*4 July 1
117*4 Apr. 5
Aug.
The following dividends have recently been announced:
Cent.
103% Mch.
Aug. 1.
Registered.
Closing prices.of securities in London have been
DIVIDENDS.
Name of Comfany.
Highest.
cp. 105*8 Feb. 25 110% June 27
58,10-408... cp.
58, fund.,’81.cp.
4*28,1891 ..cp.
4s, 1907
cp.
68, cur’ncy.reg.
County National Bank of Brookville, Pa. Authorized capi¬
tal, $50,000; paid-in capital, $30,000. Thomas K. Litch, President; J. B.
Authorized to
Amount
6s,5-20s,’65.cp. 102*4 July 22 105*8 June 6
6s, 5-20s,’67.cp. 104*2 Aug. 12 108% June 27
68,5-20s,’68.cp. 106% Jan. 2 111 *4 June28
The United States
Henderson, Cashier.
193
week
has been
exceedingly quiet in Wall Street. Tlie only matters
worthy of special mention are the reaction in foreign exchange,
the falling off in subscriptions for U. S. 4 per cent bonds, and
the meeting of the important railroad conference at Saratoga
The latter appears to be one of the largest and most
important
gatherings of railroad officials which has been held of late years.
The number of prominent railroads represented and the
scope of
tlie negotiations on practical matters affecting more or less the
railroad-business of the whole country, are such as to give the
assemblage a weight in the stock market, much beyond the aver¬
age ‘'meeting of ^railroad officials,” the announcement of which before it will be issued.
has become so familiar in the daily newspapers.
The following official statement of tiie land department of the
Our local money market shows very little
Union
Pacific Railroad Company was to-day issued from the
change, although it
is perceptible that on two to four months’ paper, rates have har
president’s office:
dened slightly.
On call loans the rates are 1@3 per cent, accord¬
The sales of land by the Union Pacific Railway Company are hereing to the collaterals, and on prime paper of sixty to ninety days with respectfully submitted:
No. of Acres.
Ain’t of
4(5)5
Sales.
per cent.
Total sales reported Dec. 31, 1877
Sales from Jan. 1 to August 13, 1878
The Bank of England statement on Thursday showed a
gain for
the week'of £50,000 in specie, and the
proportion of reserve to
liabilities was 381 per cent, against 351 the previous week.
No
change
cent.
•
Total
per acre
Amount of land-grant bonds
Less—
Cancelled to Dee. 31, 1877
Cancelled to August 13,1878
.
The last statement of the New York
City Clearing House banks,
issued August 17, showed a decrease of $503,400 in the excess
above their 25 per cent legal reserve, the whole of such excess
Loans and dis. $235,555,400
Specie
Circulation
Net deposits
Legal tenders.
Ditier’llecs fr’m
1877.
1876.
previous week.
Aug. 18.
Ailg. 19.
..
.
13,449,700
15,545,900
213,414,600
52,696,000
$2,266,497.
Tlie following
after the
that day ;
10th
of
November, 1878, and interest will
and
cease on
Closing prices at the N. Y. Board have been
Inforest
Period
6a,
6a,
6a,
6a,
6s,
1881
reg. J. A J.
1881
coup. J. A J.
5-20s, 1865... reg. J. A J.
5-20s, 1865 .coup. J. Si J.
5-20a, 1867...reg. J. Si J.
6a, 5-20a, 1867 .coup. J. Si J
6a, 5-20a, 1868...reg. J. it ,1.
6s, 5-20a, 1868 .coup. J. it J.
5a, 10-40a
reg. M. A H.
5a, 10-4 Os
coup. M. A 8.
5a, fund., 188l...reg. Q.-Feb.
5a, fund., 1881..coup. Q.-Fob.
4*28, 1891
reg. Q.-Mur.
4*28, 1891
coup. G.-Mar.
4 s, 1907
reg.l Q.-Jan.
4a, 1907
coup. Q.-Jau.
6a, cur ’ey, *95-99 reg.! J. it J.
*
rnj.lTT.T
+■1„
..;T7TT.T
as
follows; ’
Aug.
Aug.
Aug.
Aug.
17.
19.
20.
21.
*107 5a
'
*
1 (>5
105*8 "105*8 *105*8
*
*105
105*8 105*8 55105*8
*
•*
*107
*107
107
106%
*
107 ‘2 * 107
*107*2 *107*4
Louisiana consols
Missouri 6s, ’89 or ’90
North Carolina 6s, old
Tennessee 6s, old
107
107
*106
*107
106*2 *106% *106*3 *106*2
•109
109
*109
106%
106*4
106% *106*4
106*4 * 106*4
103%
103% 103%
10 1% *104%
100% •100%
100% 100%
105
100%
*100%!
•'119%!
120
120
|
Bonds.
133
I
$2,000 J. City Improvew’t.. .107*2
106*4 *106*4
*108% 108%
•106% 106% 106
106
*106*4 106
*103% 103% 303%
*101% "101% 101%
*100% *109% 100%
ioo%! 109% 100%
120 | 120
120
109
I
8 Minnesota RR., 8 p. e. cons.
Aug.
Aug.
Range since
16.
23.
Lowest,
70*4
*103*2
85
*71*2
*14%
Feb. 11
June22
..
112
Morris <t Essex 1st mort
Hud. 1st, op
Ohio & Miss. cons. sink. id..
Pitts. Ft. Way no & Chic. 1st..
8t. Louis & Iron Mt. 1st m
Union Pacific 1st, 6s, gold
do
*
*118
*117
*111
112
118
118
*97*2
*118
*103
106
8|
Highest.
85
*15
*35
*72 *2
*35
*70
69% June
j
102% 102% Aug. 23 108
do
do
2d series..
*23*2
Dist. of Columbia, 3-65s
80%
80%
Railroads.
Central of N. J. 1st consol..
Central Pacific 1st, 6s, gold
*i06*s *100*4
Chic. Burl. <fc Q. consols 7s
113
113*4
Cldc. it Northwest, cp.,gold..
98
99 *4
Chic. M.tt St. P. (*>ns. s. f. 7s..
94
*95*2
Chic. R. I. A Pac. 6s, 1917... *108*4 *108%
Erie 1st, 7s, extended
*115
*115
105% 105*8
105*8 *105
*
sold at auction this week:
50*2
States. *
N. Y. Cent.
107% 107% *107% 107% 107%
107% 107% 107% 107% 107% 107%
*102*3 *102% *102*3 102% 102% *102*2
'102*a 102% *102*3 *102*2 *102*2 *102%
$2,266,497
were
Michigan Central consol. 7s..
Aug.
OO
4,878,502
Closing prices ot leading State and Railroad Bonds for two
weeks past, and the range since Jan. 1, 1878, have been as follows:
Lake S. & INI. S. 1st cons., cp..
The range m prices since Jan. 1, 1878, and the amount of each
class of bonds outstanding
Aug. 1, 1878, were as follows:
securities
Virginia 6s, consol
Coupon bonds, dated .Tulv 1, 1865, namely; $50, Nos. 72,001 to
73,000, both inclusive; $100, Nos. 129,001 to 132,000, both inclusive;
$500, Nos. 90,001 to 92,000, both inclusive; $1,000, Nos. 174,001 to
179,000,-both inclusive. Total coupon bonds, $2,500,000.
Registered bonds: $50, Nos. 2,401 to 2,450, both inclusive; $100,
Nos. 18,751 to 18,950, both inclusive; $500, Nos. 10,951 to
11,150, both
inclusive; $1,000, Nos. 36,901 to 37,500, both inclusive; $5,000, Nos.
10,901 to 11,400, both inclusive; $10,000, Nos. 21,301 to 2l,8t 0, both
inclusive. Total registered bonds, $2,500,000. Aggregate, $5,000,000.
$7,145,000
$3,609,467
800,000
469,035
provided for/
Shares.
30 Merchants’ Ins. Co
30 Columbia Fire Ins. Co
United states
on
3,255,000
The above result shows that the sale of 1,567,672 acres have provided
for the cancellation of $8,133,502 of land-grant bonds, leaving in the
hands of the company 11,232,328 acres for the unprovided balance of
226,006,600
57,584,300
August 10, 18/8, embraces $5,000,000, which will he paid
$3,076,000
179,000-
;
Amount of bonds to be
19,873,400
4 per cents show a perceptible falling off.
There has again been
considerable selling by the foreign bankers, and it is estimated
that at least $2,500,000 have thus been sold,
against purchases
made in London—these having been mainly fives of 1881, and
five-twenties of 1807.
The sixty-eighth call for the redemption of 5-20 bonds, issued
$10,400,000
Total amount applicable to redemption of bonds
14,711,600
Bonds.—An active business is reported among
dealers in Government bonds, although the subscriptions to new
$6,966,333
$4 44 3-10
issued
Contracts outstanding
Interest accrued
Cash on hand
Doc.$4,004,700 $213,896,300 $253,339,400
19,234,300 Dee. 1,173.300
19,325,600 luc.
135,800
217,881,700 Dee. 5,548,000
807,100
55,479,100 Dec.
1,567,672
1,249,206
Outstanding August 13, 1878
being $20,242,525, against $20,835,025.
The following table shows the changes from the
previous week
and a comparison with the two preceding years.
1878.
Aug. 17.
$5,717,127
Average
made in the discount rate, which remains at 5 per
was
1,318,279
249,392
*98
*119
103
106
*
15
Mch. 29
33*2 Jan.
29
74
4
July 31
Apr. 12
18
May 25
395s May 14
30
85
July 16
June 10
64*4 Mch. 4 90 July 11
103% Jau. 15 108% June 28
109
Jau.
2 113% Juue 15
91% Jau. 14 103*4 May 31
91*8 Jan. 5 102% May 25
106
110
109
Jan.
5 110’*a June28
Jau.
7 L16 *4 July 8
Jau. 10 112*4 May 27
105*8 Jau.
5 112
July 3
115*2 Jau.
5
Apr. 29
118
7
Juue26
Jau.
! 95% Feb. 20
1 118
Feb.
103
Apr.
j 103% Jan.
sinking fund.... *102% I03*2i 92% Mch.
no sale was made at the Board.
8
5
7 10838 Juue28
61
0(105*4
July 9
This is the price bid;
Railroad and
lUiaceiiaueou«
stock*.—There
have
been
decided movements in stocks, and the market has
kept pretty
steady on such a business as might be looked for in the latter part
of August.
The important matter just now pending, on which the
course of prices must greatly
depend, is the Saratoga conference
of railroad officials.
This conference, so far as it is possible to
judge, will mark the turning point of low' rates and damaging
competition, and if this view proves to he correct the prospect for
larger net profits on the railroads between the Mississippi River
no
and the Atlantic seaboard would be better thau it has been for
years.
It is not well
oad meeting, but it
r
to discount too heavily the result of a railis evident to the most casual observer- that
194
THE CHRONICLE.
the tendency has
recently been towards concentration in railroad
management and combination among different roads to maintain
a
paying business, and the cut-throat rivalry of
past years is
likely to end for the present in the Saratoga
meeting
of August,
1878.
The coal-road stocks have shown
some weakness at times
on the smaller
allotment of tonnage for
September next, although
it is asserted that the
combination w 11 be maintained, and an
advance in prices has been ordere
f; but it is reported that the
Lehigh Valley road declines to concur in this advance.
The daily highest and lowest
prices have been as follows:
Saturday,
Monday,
AUg. 17
Au
.
Tuesday,
19.
C ntral of N.-L
Chic. Hurl.* Q.
c. mu. & st. r
do
pref.
Chic. & North
do
pref.
C. K. I. & Pac
Del.& H. Canal
Del. Lack.& v>
34%
16%
St. Jo..
do
pref.
Illinois Cent
Lake Shore
Michigan Cent
Morris * E&at-x
cH.Y. C. & H.
Ohio & Miss
Pacific MaJ..
*79
*
.
5
..
93
*105%
50
*45
*89
.
.
er....
...
50
47
>0%
-
pref.
are
2
14
*34% 36
the prices bin
ana
asked;
no
11%
106
*
47
*40
90
12
*
sale
*
*
*10*
*33% 37
15%
65%
9 %
106
49%
46% 46%
90%
12
*3254
was
70
64%
12
33% 33%
i,
follows:
1877
“
..
do
do
Lowest.
7,485
1,850
00,805
05,070
52,050
85,050
pref.
Chicago A North w...
do
do pref.
Chic. Rock tel. & Pac.
1,230
8,115
Del. A Hudson Canal
Del. Lack. A Wester
113,030
Erie
27,000
Hannibal A St. Jo.
3,405
do
do pref.
3,000
Illinois Central
2,110
Lake Shore
135,815
Michigan Central..
Morris A Essex....
N. Y. Cent. At Hud. R
Ohio &
Mississippi.
Pacilie Mail
Panama
Wabash
Union Pacilie
Western Union Tel.
Adams Express
American Express
United States Exp.
Wells, Fargo A Co.
24,507
7,500
3,894
1,025
3,500
55
...
309
380
11
200
500
Quicksilver
do
nref.
1-..
Total sales of the week in
-
Aug. 17
“
“
“
“
“
19...
20....
21....
22....
23....
Highest.
Jan.
5 131
12% June 20 20%
01% July 31 73
75% Feb. 13 95%
98
Jan.
8 100
40
Aug. 2 52%
44
Aug. 7 51
82% Jan. 7 95
12
58,800
70,144
88,949
31,027
2934 Feb.
leading
St. Paul
Paul.
pref.
west.
16,390
12,705
9,180
10,095
3,235
8,000
21,480
12,000
10,700
9,410
10,625
11,740
3,015
7,150
5
stocks
North- N’rtliw.
|
pref.
9,405
3,950
14,600
15,650
3,700
5,925|
8,500
15
3734
82%
25%
30%
4%
7
17.200
19.200
11,020
21,300
13,000
30,110
42%
73%
43%
69%
105%
74%
77
15
ir7o
33%
40%
45
73%
130
56
*73
84%
91
105
13,200
00%
36
81
13
5934
19%
follows:
Lake
Shore.
8,700
0,100
2,100
7,050
2,250
800
Gold
earnings from Jan. 1 to, and
tioned in the second column.
gross
including, the period
Central
Louis.July
120,094
21,099
90,590
18,359
128,009
20,400
70,003
15,141
Pacilie...July
1,391,807
Chicago A Alton..2d wk Aug 1,517,000
157,438
129,235
Chic. Burl. &
Q...Juno
Chic. & East. Ill.. 1st wk
Chic. Mil. A St. P.2d wk Aug
897,090
21,520
117,000
G,227
508,217
957,734
15,701
120,005
0,759
701,810
750,118
928,744
539,485
735,081
415,335
121,710
138.882
9,400.303 9,230,572
2,718.330 2,588.122
6,417,791
5,472,018
Clev. Mt. V. & D .1st wk
5,138,000
Chic. R. I. & Pac. June Aug
214,993
530,235
Dakota Southern.June
17,380
17,092
Denv. & Rio
103,730
G...2dwkAug 29,500
19,239
017,120
Detroit A
Milw...July
518,512
Dubuque AS. City. 2d wk Aug
13,913
14 jo 8 9
Erie
578,353
May
1,172,901 1,234,095 5,872,077
Gal. H. A S. Ant. .June
85,058
53,121
529,033
Grand Rap.A Ind.June
93,203
80,485
Grand
574,500
Trunk.Wk.end.Aug.10
140,033
170,003 5,215,013
Gr’t Western
3,700.297
217,123
Aug
.
.Wk.end.Aug.
9
75,212
75,703
2,088,203
83,410
410,340
451,240
440,828
5,777,702
423,452
517,307
5,310,519
2,456,804
145,890
179,704
373.933
703,329
2,801,320
113,528
207,853
028,923
The
8,880,000
7,317,000
10,415,000
0,788,000
1
This week 100% 100% 100% 100%
Prev. w’k 100% 100% 1003t 100%
S’ee Jan. 1 102% 100% 102% 100%
following
Sovereigns
Napoleons
Balances.
7,200,000
Gold.
Currency
780,000
1,195,500
1,308,003
789,590
1,203,405
1,370,128
1,735,171
1,745,532
830,120
831,204
$49,612,000
69,195,000 $1,166,350 $1,174,307
are quotations in gold for various coins:
$4 85 @$4 89
Dimes A % dimes
9S
3 88
4 75
3 90
Doubloons.15 05
X X Reichmarks.
X Guilders
3 92
4 80
4 10
a)
@
@
Silver Lis and %s
Five francs
Mexican dollars.
Span’ll
@15 90
English silver
Mex. Doubloons.. 15 45 @15 00
Prus. silv. thalers
Fine silver bars
11434@
115% Trade dollars
Fine gold bars....
par.@%prem. New silver dollars
Exchange.—The rates for foreign
@
—
98%@
985*.
—
93
9 S’h
—
94%
@
89%@
...
—
75
08
@
@
91
4 85
-
—
98'%@
—
70
9 8%
99 %@
par
exchange have fallen
materially, as might have been anticipated from our remarks off
last
week that buyers seemed
over-hasty in their movements.
Rates
have fallen off ]•£
points since last Friday, and 1 point of this
reduction has been made
by leading drawers since yesterday.
Nominal rates at the close are 4-88 for
prime bankers’ fiO
sterling bills, and 4*83£ for demand, but actual business is days’
dona
a concession of
£ to £ point. The principal buyers have been
the importers of U. S. bonds.
In domestic bills the
following were rates on New York at th«
to-day: Savannah, buying £ premium, sell¬
ing i premium; Charleston, depressed, par @ £
premium; New
Orleans, commercial 3-16, bank
St. Louis, 50 discount; Chi¬
cago, 61) to 80 cents discount; and Boston
par.
Quotations for foreign
exchange are as follows:
undermentioned cities
60
Documentary
Paris (*raues~)
men¬
319,409
177,912
SI,650
207,740
$9,012,000 $1,443,807 $1,451,343
100% 100% 100%
100% 100% L00%
100% 100% 100%
100% 100% 100%
100% 100% 100%
23,505
10.400
-Latest earnings reported.—
—Jan.l to latest date.—*
EARNINGS.
Week or Mo.
1878.
1877.
1873.
Atcli. Top. A S. F.2d \vk
1877.
$01,991 $2,054,383 $1,334,538
Atl. & Gt. West...June Aug $130,500
301,250
312,828
Atlantic Miss. A O June
Bur. C. Rap. & N.2d wk
Burl. A Mo.R.in N.June Aug
Cairo A St.
23”
“
100%
100%
100%
100%
100%
Prime bankers’ sterling bills on London.
Good bankers’ and prime
commercial...
The total number of shares of
stock
outstanding is given in the
last line for the
purpose of comparison.
Tho latest railroad
earnings and the totals from Jan. 1 to latest
dates are given below.
The statement includes the
gross earn¬
ings of all railroads from which returns can b(f
obtained.
The
columns under the
heading “Jan. 1 to latest date” furnish the
278,660
2,389,177
1,741,373
285.113
30,027
Clearings.
Aug. 23.
..
106,410
1,553,300
0,393,493
192,103
95,300
21,150
35,781
Open Low. High Clos.
22.400
29,745
27,770
21,995
Total.
00,805 05,070
Wilde fcfnr-V. 154 012 122.794 52,050' 85,650 113,030' 27,600 135,815
149.S88 215,250 524.000
780,000 494,005
820,849
810,994
at
43%
90
24
45
725,205
771,527
1,771,628
339,453
..
35% 74%
51% 92%
85% 109%
2% 11%
12% 20%
Erie.
.
37%
118%
79
59%
July 22
Aug. 17
May 8
High.
17
Apr. 5
Mcli. 20
Del. L.
A West.
21,900
40%
80
were as
21,300
6
91
11
092,086
1,910,599
43,005
30,209
11,532
40,412
Quotations.
1
Feb. 25
Feb. 25
June 5
19% Feb 25
37
June 15
Aug. 21
St.
10.400
Low.
13%.Tan. 2 45% July 11
9914 Feb. 28 II434 July 15
29
Aug. 13 54% July 8
05
Aug. 13 8434 July 9
32% Aug. 10 55% Apr. 17
59% Feb. 9 79% July 11
98% Jan. 15 119% June 7
J <iiii
5
59% July 10
40% Meh. 5 01% July 10
7% Jan.
5
1834 July 31
10
Feb. 28
1334 Apr. 10
21% Feb. 28 32% Aug. 23
72% Feb. 14 87
July 11
55% June 29 69L* Apr. 15
58% Jan. 3 72% Apr. 18
07% Feb. 28 89
June 10
103% Feb. 11 112
June 11
0% June 29 11% Apr. 15
14% June 21 23% Jan. 10
112
15,102
24,210
21,910
ft
“
Shares.
Central of N. J
Cliic. Burl.A
Quincy.
Chic. Mil. A St. P..
19..
20..
21..
22
“
Whole year
1877.
Jan. 1, 1878, to date.
21,001
75,391
Aug. 17.. 100% 100%'100% 100%
Sales of
Week
*28,9-4
90,341
(Keu.).July
(Tenn.).July
made at the Board.
Total sales this week and the
range in prices since Jan.
were as
854,825
111,477
704,575
700,083
115,227
2,588,348
was a trifle firmer in the
early
part
of the week, but bas fallen back to
100£, and so closes. On gold
loans the rates are flat to 1
per cent for borrowing.
Silver in
London is quoted at 52 7-16d.
'1 lie dispatches from the
per oz.
Silver Conference in Paris seem to indicate
that the foreign dele¬
gates, even those of the “Latin Union,” do not
respect the
course of the United States in her
silver legislation, and
they
show no desire to
help us out by an agreement to fix an inter¬
national standard.
The range of gold and
clearings and balances were as follows :
79
ml
92,713
85,171
St. Paul A S. City. June
46,734
Scioto Valley
July
28,170
Sioux City A St. P. June
t
29,954
-Southern Minn...June
53,024
Tol. Peoria A War.2d wk
Aug
32,842
Wabash
2d wk Aug 124,284
The Gold
Ularket.—Gold
81% 82
110% 110%
7%
7%
V‘% 17%
14% 14% 14%
65% 64
91% 92% «1%
*1 5%
7 106
49% 49%
*8s
12
do
do
114
6*
100,059
•23,100
31,111
22,877
930,434
Nashv. Ch.A St.L. June
91,833
117,439
821,973
Pad. A Elizabetht. 1st wk
Aug
5,838
5,009
Pad. A Memphis.. 1st wk
Aug
3,750
4,529
119,277
Pnila. A Erie
July
214,081
103,501 1.475.733
Pliila. & Reading. June
1,498,658 1,199,518 5,070,420
St.L.A.AT.II. (brs)lst wk Aug
8,850
8,031
205,559
St. L. Iron Mt. A S.2d wk
Aug
91,200
80,813 2,335,806
St. L. K. C. A No..2d wk
Aug
70,841
- 75,2 11.
1.887.734
St. L. A S.E.(St.L.)July
51,925
65% 66%
65
46%
wk Aug
lilt. A Gt. North.. 1st wk
Aug
Kansas Pacific.. .2d wk
Aug
Mo. Kans. & Tex .2d wk
Aug
Mobile A Ohio
June
34%
79
125
13% 14
64*4 65-%
Adam* Kxp
American Kx
United r-tates
Wells, Far o..
These
17*
8*
83*
Panama
Wabash
Union Pacific..
West. Un. Te
do
47% 40%
50% 52
16% 10%
12% 13 x
>1% 32%
30% 31
7«% 79%
65% 67
65^a 00%
68
70% 69
82% 83
80%
10*5$ 110TS 110% 110%
7%
7%
7%
7%
17% 18
17% 17%
31
..
*
16
12% 12% 12%
.
do
17
$400,698 $381,373 $2,912,309 $2,556,123
Iowa
Indianap. Bl. AWL 2d
108% 108>*
31% 3 i
69% 71%
34%
66% 6 %
114
1877.
(Ul.line).July
lines.July
Springf. div.July
do
Aug. 23.
32
/—Latest earnings reported.—, ,—Jan. 1 to
latest date.WeekorMo. 1878.
'
1877.
1878.
Ill. Cent.
Friday,
Aug. 22
112% x08% 108%'
31% 3
% 32
70% 71% 6'% 71%
35% 3614 3% 35%
WK 08% 66
07%
114^4 114% 114 114
4014 49% 49% 50%
5144 5 3
51%
Erie
Han.
Qulcksll
Aug. 21
34%, 33% 34%
112
.
.
Wedn’-ui'y Thursday,
Aug. 20.
[Voii. XXV11.
4.80
5.20
5.20
5.20
Swiss (francs)
Amsterdam (guilders)
(reichmarks)
@4.8 L
@5.10%
@5.10%
@5.10%
94% @
94 %@
94 %@
Bremen (reichmarks)
Berlin (reichmarks)
Boston
@4.83%
@4.82%
39 %@
9 L%@
Hamburg (reichmarks)
banks for
days.
4.80%@4.81%
commercial
Antwerp (francs)
Frankfort
4.83
4.82
40
94%
91%
94%
94%
3
days.
4.87 @4.88
4.86%@4.87
4.85
@4.86
4.34%@4.85%
5.17%@5.15
5.17%@5.15
5.17%@5.15
40% @ 40%
95%@ 95%
95%@ 95%
95% @ 95%
95 %@ 95%
Uankf).—The following are the totals of the
Boston
a
series of weeks past:
Specie. L. Tenders. Deposits. Circulation.
Agg. Clear.
S
Loans.
1878
June 10.
June 17.
June 24.
Juiy
•July
July
July
July
Aug.
1.
8.
15.
22.
29.
5..
Au*:. 12.
Aug. 19.
125,010,400
12 >,?-4500
127.'3',700
128,621,700
121.849,'00
130,70 ,900
131,136,200
130,653,600
131.387,300
131,816.000
131,972,900
Philadelphia
are as
follows:
Loans.
-
1873.
June 10.
June 17.
Ju e 24.
57,104 069
J uly
56 90b, 37 2
July
•July
July
July
Aug.
Aug.
Aug.
1.
8.
15.
2i.
29.
5..
12.
19.
57,380,087
5 ,542,325
57,417,5*1
57,540,336
57,701,352
57,532,408
57,816. "72
57,394,189
57,506,545
*
3,211,810
5,756,100
2 >90,1100
6,2 '4,200
6.681.800
*
51,676,400
S
25,594.?00
42,IS!,604
40,871,375
39,188.858
42.b26,?01
51,573.489
47,130,751
43,921.118
51,5 2,9 0 25.527.600
52.156.100 25,372,7n0
6,^75,100
52,775 300 25,L 43,400
5.917,800
53,25 '-.000 25,361,100
3,488,600
5.463.400
52,285,800 25.339.200
3,3 3,410
5,28 ',600
52,095,600 25.297.600
8,011, uO
5,511,900
51J69 400 21,045,500
3,.41,879
2.914,200
5,89 V 00
51,9)6,700 25,143, n0
37.181,493
3,! >03.300
5,844 800
51,490,700 2 ,03 >,200
35,455,252
2,838,800
5.620.400
50.918.100 25.128.600 35,748,086
Banks,—The totals of the Philadelphia banks
.2,677.400
2 633,800
2,451,900
-
Specie. L. Tenders. Deposits. Circulation. Agg. Clear.
$
*
$
1,948,551 12,777,652) 44,814,241 11,070,141
36.002,223
12.6
1,*10,592
<4, c-95* 44,900,053 11,049,6 3
31,067,898
1.7o9,535 13,166.808] 44,908,901 11,' 06,979
30,667,918
1.89-,257 13,726. {sJT 45,647,430 11,001,126
29.' 62,252
2,165,605 13,6.7,761
45,931,7^2 11.05 > 863
33,-20,691
2,131,.77 13.6 K),496
46,419,105 11,075,562
3 V62,57l
2,088,963 13.413,007
40,082,238 11,118,080
30,69 <5.010
2,122,939 13.7^0,039 46,127,426 11,131,331
24,830,509
2,28,300 13,729,04
46, 02 675 11,136.613
29,494,324
2 342,437 13,134,151
45,561,288 11,158,5 3
20,839,131
2,230,021 13,610,305
45,757,350 11,161,372
87,006,468
August
THE CHRONICLE.
24, 1878.]
AT«w York City Banks.—The
following statement shows the
condition of the Associated Banks of New York City for the week
ending at the commencement of business on Aug. 17, 1878 : »
195
BOSTON,
PHILADELPHIA, Etc.—Continued*
Bid. Ask.
SECURITIES.
SECURITIES.
Bid.
Ask.
36*
88%
67
98
AVERAGE AMOUNT OP
Loans and
Banks.
Cajvtsd. Discounts.
$
$
9,125,000 2,492,300
644,800
5,22 .200
491,400 1,821,900
6.843.300
981,800 2,6,7,4 O
243,000 1,629.300
6,378,*00
8,500,000
394,300 1,114,100
6.773.600 1,430,100 3,443.800
308.000
2,158,000
312,000
971.800 2,755,0«0
3,6:0.300
3,144,403
3U,3"0
194,900
1,2 2.000
215,200
973,600
9.843.500
899,400 2,125.300
3,4'UOO
209,900
802,000
3,S84,6U0
203,000
46/,200
1,319/00
92,000
133,000
1,405/ 00
26,000. 271.000
New York
3,0O(),0C0
Manhattan Co.... 2,' 50,000
Merchants'
2,0 ;0,000
Mechanics’
2,000.000
Union
1,200,000
America
Phoeuix
City
3,000,000
1,0 0,000
1,000 001
..
Tradesmen’s
Fulton
1/00,000
6 (0,000
300.000
Chemical..
Merchants’ Exch. 1,000,000
Gallatin National 1,500,000
..
Butchers’ ADrov.
500/00
Mechanics’ & Tr*
600,000
Greenwich
"..
200,000
Leather Manuf’rs
600,000
■Seventh Ward..
300,000
State of N. York.
800,000
American Exch.. <-5,COO,COO
Commerce
5,000,000
Broadway.
1,000,000
1,000,000
422,700
1.500,000
450,000
412,500
Mercantile
Pacific
Republic
Chatham
..
People’s
North America..
Hanover
Irving
Metropolitan.
..
.
Citizens’
Nassau.
Market
St. Nicholas
Shoe and i.oather
Corn Exchange .
Continental
Oriental
Marine
7CO,000
1/ 00,000
500,000
3,000,000
600,000
1,0)0,000
1,000,000
1,000,W0
1,000/ 03
1,000,000
1,250,000
800,000
.
2,000,010
500.000
300,000
240.000
250,000
...
lUO.OOO
3.5 0,000
3.197.900
7,660,700
1,51*.7,000
4.274.500
229,000
1.818.900
768,700
1.493.300
9.717.900
3.109.500
2 026,400
516.400
414,000
947,100
265,000
1,048,000
198,000
735.200
2,700
278.400
134.000
88,300
847.200
32,100
310,700
368,000 1.573.400
45,000
994,000 1,507 000 9,305,000
196.000
844.400 2,377,300 12,217,100 1,774,104
24.500
77',500 3.394,100
891/ Oil
239.9CO
550,4b0
3,085,1(0
179,040
21.500
8(9,500 2.137.200
2:0,700
450.000
255,500 1.620.200
65 ,()C0
176.400
2,875,000
392.500
21.400
262,300. 1,157,300
5,400
73,000
194/09
1,453,900
98/00 1,066,500 4,554.6; 0
446.5;'0
33.400
449,200 1,934,600
79,900
368,000 2,529,COO 10,431.000 2,137.000
69.200
305,000
1,569,900
246,00'
8(0,400
63.200
1.894.400
3,900
103,900
538,500
259 00"
1,694,600
79,100
227.200
905,109
406,100
319,000
290,300 2,868,100
633.500
-
113,300
10,590
797.300
262/00
500,000
1,00 ,000
300/(00
Bowery National.* 250,000
New York County
2 0,COO
750,000
1,911,209
4,700
651.400 2.532.100
732,700
160,004
1,097 700
378,30)
1.959.400
355,600
5,154,700 19,627,000 1,095.800
2,971,200 12,3' 0,100
540,090
122.000
478,009
302,. 00
113.200
460,400
111.400
713,800
64,300
546.500
97,400
100,100
377.300
3,185,400 11,6.51,600 1,048,60!
1,0.0,000
6,025,000 1,351,000
255,0-0
533,200
45/ CO
800,000
270.090
225,000
180,000
61,625,210 235,!55,403 19,234,300 55,479,400 217,884,700 19,325,600
The deviations from returns of previous week are as follows :
Loans
Dec. $4,664,700
Dec.
Dec.
*
No report
same as
1,173,300
Net deposits.
Circulation
7.:
..
807,100
Dec. $5,548,090
Inc..
135,800
last week.
Apr.
Apr.
Apr.
Apr.
May
May
May
6.
13.
20.
t
$
246,320,800
242.978.900
241,566,700
241.590.900
240.649.100
236,018,400
37.116.900 30.655.900
39.545.900 30,326,200
39.687.500 29,605,700
38.767.600 29.425.400
36,620,700 26,637,000
35.486.900 28,666,100
232.113.400
35.935.900
27.
230.801.500 3.585.100
4.
11.
229.936.400
232,030,700
18.
233,122,600
30,051,900
27.469.500
23,030,200
May 25.
233.997.200
19.827.100
June 1.
June 8.
Jun. 15.
Jun. 22.
Jun. 29.
July
July
July
July
Aug.
Aug.
Anar.
231,049,400
236,: 32/00
234.639.100
234,7 3,700
232.720.200
6. 236.516,000
13. 234.120.100
20. 236.195.500
27. 23^,636/ 00
3. 238,09' ,200
10. 240.220.100
17. 235.553.400
215,155,900
215,085,100
211,938,500
210,378,400
204,b63,*00
201,926,600
32,186,000 202,053,400
34,933,800 200,875.000
38.435.300 199,074.000
38,612,000 261,038,000
41,020,100 199,686, >00
44,023,900
198,985.300
$
S
19,885,100
19,910,700
377,110,111
401,592,977
19.906.300 373,731,072
19.912.300
19,944,(00
19,959,200
19,982,400
20,021,800
359,353,328
441,442,055
381,415,325
426, ISO, 360
419.201,399
19,998,800 439,525,545
20,033,100 361,572,687
20,01 *,300 382,688,684
20.005,800
3 M,364,165
17,001,200 47,218,000 199,867,900 ^19^941/-00 339,022.452
16,801,200 47,8(6,400 20*.271,800 19,979,600 374,239,182
17,105,20 49.502.900 205,785, .00 19.984.900 390,933,811
15,069,700 52.466.900 205.384.100 19.909.900 361,64-4,610
16.311.900 53.996.300 205,965,600 19,934 200 349,403,759
20,420,000 53.606.300 213,81",700 19.823.900 853,550.231
2-',048,600 55.556.300 217,411/00 19,52-',100 376,809,115
22.601.600 57,543.000 221.252.100 19,405,100 352,707,254
19,695/00 58,409,600 222.133,. 00 19,078/ 00 353,322,472
17,990,800 58,610,100 219,978,500 19.273.600 4:4,140,015
20,407,(00 56,286,500 2*3,432,700 19,189.800 355,692,070
19,234,300 55.479.400 217,884,700 19.325.600 342,277,469
QUOTATIONS IN BOSTON. PHILADELPHIA AND OTHER CITIES.
Bid. Ask
SECURITIES.
BOSTON.
Maine 6s
New Hampshire 6s
Vermont «s
Massachusetts 5s, gold
Boston 6s, currency
do
6s, gold
Chicago sewerage 7s
do
Municipal 7s.......
Hartford & Erie 7a, new
Ogdensburg & Lake Ch. 8s...
110
Atch. & Topeka 1st m.7s...
1063! 107
do
land grant 7b 105} 1059*
do
2d 7s
93
93*
do
Ian" lnc. 88..
Boston & Albany 7s
do
6e
Boston & Lowell 7s
Boston & Maine7s ...;
Bos on & Lowell 6s
Boston & Providence 7*
Burl. & Mo., land erant 7s.... 112*
do
Neb. 6s
100*
do
109
Neb.8s, 1883
Conn. & Pa88umpslc, 7s, 1897.
Fitchburg RR 6s
,
do
7s
City Top. & W., 7s, 1st
do
do
F-Mtarn. Mas«.. S v*.
7s, inc..
new
20*
20%
1U0
Colony, 7s
do
Os
106
Omaha & S. Western, 8s
113
Pueblo & Ark. Valley, 7s
101%
Kutland 8s,1st mort
Verm’tC. 1st m.,7s
10
Vermont
Canada, new 8s.. 20
Vermont & Mass. UR., 6s
....
Portland 6s
Kan.
Bid. Ask.
SECURITIES.
Old
...
106* 107
72
73
84
42
85
44
7
113
Sunbury & Erie 1 st m. 7s, ’97..
70*
STOCKS.
AtchPon
Boston &
Boston &
Boston «k
Boston &
& Topeka
61* 61*
12«
127
Albany
Lowel'
75
Maine
107* 107*
Providence
105
1011
Burlington & Mo. in Neb
98
Cheshtre preferred
85
Cin. 8andusky & Clev
4*
Concord
74
Connecticut River
130
Conn. & Passumpslc
40
Eastern (Mass.)
R* 13
Eastern (New Hampshire)...1
Fitchburg
110* 117
Kan. City Top. & Western...
58
rlanchester & Lawrence
Nashua & Lowell
'•’-'w v«rir * Wpw
Fnsrlanri..
25
8*
& Titusv. 1st m 7s, *90
55
United N. J. cons. m. 6s, ’94
Warren & F. 1st m.7s, ’96
West Chester cons. 7s, ’91.
West Jersey 6s, deb., coup.,*83'
do
;st m. 6s, cp., ’96. 101
do
1st m. 7s,’99
104
Western Penn. RR. 6s,-’p.’.899
do
6s P. B.,’96
PHILADELPHIA.
STATE
do
do
do
do
do
109
31* Union
Worcester & Nashua
AND CITY BONDS.
104
5s, cur., reg
1392-1902 Ill
6s, 10-15, reg., l-77-’82. [104
5s, new, reg.,
6s, 15-35, reg., 1882-’92
112
105
111
110
57
72*
CANAL BONDS.
6s, In. Plane, reg.,1379
Philadelphia, 5s reg
Chesap. & Dela 1st 6s, rg..^ 60* 70*
Delaware Division 6s, cp./78.
105
do
6s, old, reg.
108
do 6s,n., rg., prior to’95 114
114* Lehigh Naviga m., 6a, reg.,’84 104* 105*
do
mort. BR., rg.,’97 104
do 6s,n.,rg., 895* over H4* 115
do m. co .v. g., r* g.,'94
94
Allegheny County 5s, coup
do'
mort.
01*
gold, ’97
Allegheny City 7s, reg ....
do cons. m.7s, rg.,1911
60
Pittsburg 4s,coup., 1913....
Morris, boat loan, reg., :885..
do
5s, reg. & cp., 1913.
do
6s, geld. reg
Pennsylvania 6s, coup., !9i0..
95
do
7s, w’t’r ln,rg.&cr>.
103* Schuylk. Nav.lst m.6s,rg ,’97. 00
do
2d m. 6s. reg., 1907 00
60
80
do 7s, ntr.nnp., reg.,’33-86*
do 6s, boar&car,rg.,l!):3 50
N. Jersey 6s, reg. and coup
do 7s, boat&car.ig.,l9 5
do
exempt, rg. & coup.
Camden County 6s, coup
Susquehanna 6s, coup., .9.8 .*
Camden City 6s, coupon
do
BALTIMORE.
78, reg. & coup
Delaware 6s, coupon—,,...
10o
Harrisburg City 6s, coupon..
Maryland 6s, defense, J.& J.. 108*
ao
RAILROAD STOCKS.
6s, exempt, 1887
111
HI*
do
6?, 1890, quarterly
20
107
Camden & Atlantic
do
5s, quarterly.
do
do
33
pref
100
40
...
Catawlssa
8
do
pref
do
new pref
Delaware & Bound Brook....
East Pennsylvania
Elmira & Williamsport
do
do
pref..
Har. P. Mt. Joy & Lancaster.
Huntingdon* Broad Top...
do
do
..
•
•
4
••
Schuylkill
Sdnehlll
44
50
49
48
99
Norristown
Northern Pacific, pref
North Pennsylvania
103
ldH;
40*
16%
41*
Pennsylvania
b2/v
Philadelphia & Erie
Pniladeiphla & Read ng
16* 16%
Philadelphia & Trenton
PhUa.Wilming. & Baltimore.
4
Pittsburg Titusv. & Buff
3*
United N. J. Companies
127
120
West Chester consol, pref...,
West Jersey
3f*
CANAL STOCKS.
Delaware Division
Lehigh Navigation
18
50
120
Morns
do
pref
51
Peansyivanla
Schuylkill Navigation
do
pref...
7%
..
.
...
...
5s,petp
...
.
Harrisburg lBt mort. 6s, ’83.
106%'103
H. & B. T. 1st m. 7s, g >ld, ’90.
do
2d m. 7s, gold,’95
do
3d m. cons. 7s,’95*. 2 J
Ithaca& Athens 1st g d, Ts.,’9.
Junction 1st mort. 6% ’82
2d mort. 6a, 19J0
do
L. Sup. & Miss., 1st m., 7 , g.*
Lehigh Valley, 1st,6s, cp.. 1898 110
do
do reg., 1893.
117
do 2 1 m.,78, reg., 1910
con.
do
m.,6a,rg.,1923 99
99
do
do
6s, p.,19
Little Schuylkill, 1st m. 7a/-2
North. Penn. 1st m. 6s, cp./85. 107
do
2d m. 7s,cp.. ’96. 114
do gen. m. 7s, cp., 1903 lOo
do gen. m. 7s, reg., 1903 105*
Oil Creek ist m. 7s, coup.,’8.'. 7!
Plttsh. Titusv. & B.,7s, cp.,’96 20
do
scrip....
Pa.&N.Y.C.& RR.7s, ’96- 906 114
31
Pennsylv., 1st m„ 6s, cp., ’80..
do'
gen. m. 6s,cp.,19i0
do
gen. m 6s, ig., 19(0.
do
cons, in 6 -, rg., 1905
do
cons. m. 6s. cp., 1905.
do
Nav y Yard 6s, rg,’6l
Perklomen 1st m.Ss.coup./sTi
I’hilrt. & Erie istm.6s, cp.,’8'
do
2d m 7s, up.,’58
Phlla. & Read. 1st in. 6s, ’43-’44.
rtefwnH nf Interest.
112
117*
99*
100
do
88
130
Parkersb’g Br..50
Northern Central
Western Maryland
Central Ohio
50
14
50
50
25
20
Pittsburg & Connellsvtlle..50
RAILROAD
BONDS.
Balt. & Ohio 6s, 1880, J.&J....
do
6s, 1885, A.&O.
N. W. Va. 3d m..guar.,’85,J&J
Pitt8b.& Connells v.7s,’98,J&J
Northern Central 6s, ’85, J& J
do
6s,1900, A.&O
do 68, gld, 1900, J.&J
Cen. Ohio 6s, 1st m./90,M.& 8.
W. Md. 6s. 1st m., gr.,’90,J.&J.
do
1st m., 890, J.&J
2d m., guar., J. & J
do
do
2d m., pref
do 2d m.,gr. by W.Co.J&J
do 6s. 3d m.. guar., J.& J.
Mar. & Cin. 7s, ’92, F. & A
do
2d, M. &N
do
8s, 8d, J.&J
Union RR. 1st, guar., J. & J..
do
Can on endorsed.
104
105
95
03*
107*
io*2
*92
91*
lo2
100
105
99
106
63
103
105
82
32
ys
9o
13
13*
15
10
MISCELLANEOUS.
Baltimore Gas certificates...
People’s Gas
CINCINNATI.
Cincinnati
do
do
do
do
6s
+ gj
96
7s
t 103
105
7*30s
108
f 100
South. RR. 7*30s.t 101*
101*
do
6s, gold t 85* 87
Hamilton Co., O., 6s. long., .1 96
do
7s, 1 to 5 yrs..t loo* 100*
do
7 & 7*30s, long.f 104
108
Cln.& Cov. Bridge st’k, pref.
70
Cin. Ham. & D. 1st m. 7s, ’80
101
ii o
do
2d m. 7s, ’o5.. 91
97
Cin. Ham. & Ind.,7s, guar.... 81
37
Cin. & Indiana .st m. 7s
95
97
do
2d m.7s,’.7...
73
iq
Colum. & Xenia, 1st in. 7s, ’90 104
100
Dayton & Mich. 1st m. 7s. ’81. io--* 100%
do
2d m. 7b, ’84. 90
98
3d m. 7s, ’81.
do
92
90
Dayton & West, lstm., ’81
t 100
do
1st m., 1906
*7
do
-lstm.6s, .905 x78
105*
IU0
82
90
90
Ind. Cin. & Laf. 1st rn. 7s.
do
(I-.&C.) lstm.7s,’88
Little Miami 6s, ’83
Cin. Ham. & Dayton stock.
Columbus & Xenia stock
Dayton & Michigan stock...
do
8. p.c. st’k.guai
Little Miami stock
ii3
60
•
yg
98
15
•••
98
100
15*
100
25
07* 88
92
91
ys
100
95
f
to *89 1
95
102
07
97
do
water 6s/87
67
05
water stock 6s,’97.t 95
do
97
wharf 6s
do
96
97,
do
99
spec’l tax 6s of ’89
,97
Louisville Water 6s, Co. 19011 101*
Jeff. M.&l.lst m. (l&M) 7b,’811
do
2dm., 7s
'86*
[101%
do
1st
ra.,7s, 1906.
..1
106
Loutsv.C.&Lex. 1st m. 7s,’97.
ex pa-t-due c upons
t 10g
Fr’k.,Louisv.ln,6s,’8
Louisv. & Nashville—
Leb Br. 6s. ’86
f
1st m. Leb. Br. Ex.,7s,’80-85.1
Lou. In.
do
6s, ’*3.. .1 96*
Consol. 1st in. 7s, ’98
100*
Jefferson Mad. & Ind stock.
Louisville & Nashville stock. 34*
ST. LOUIS.
St. Louis 6s, long
water 6s, gold
do
.
104
90
80
LOUISVILLE.
Louisville 7s.
do
6s,’82 to ’87
do
6s, ’97 to ’9jJ
Louls.&
U'3* 101*
100% 101*
104
104*
!•••
.
108
114*
104* 104*
1U0^ 108>*
ioH* 109
do
do
M8-.49.
do
2d in., 7s, • p ,’93 ill
do
deben., cp., ’93*
do
do
cps. off.
58
do
scrip, 1832.
do
In. in. 7s, cp,189i
102
do cons. m. 7s, cp.,191!..
do cons. m. 7s, rg.,1911..
do con3.ni.6e,g.i.i9il
do conv. 7s, 1893*
do
7s, coup, off,’93 33
do scrip, 18S2
Phlla.& Read. C.& I. deb. 7s,92
in
Par
Balt.& Ohio
100 84
do
Wash. Branch. 100 no
.
..
*
.
...
Allegheny Vai., 7 3-10s, 1396
107* 108
do
7s. E. ext., 1910 87
do
Inc. 7s, end..’94
25
23
Belvldere Dela. let ra.,6s,19U2. 15
do
2d m. 68. ’8).. 102*
3d m. 6s, *37.. 04* 98
do
Camden &Amboy 6s,coup/83 102-v 103*
do
6s, coup., ’89 101*
do
mort. Cs, ’89.
iuy*
Cam. & Atl. 1st m. 7s, g., 1903
do
21 in., 7s, cur., ’80 i03
Cam. & Burlington Co. 6s.’97. yy
Catawlssa 1st,7s, conv., ’*2...
do
chat, m., 10s, ’88
do
new78 )89".
105* 100*
Connecting 6s, 1900-1904...
Dan. H.& Wilks., 1st.,7s, ’37.*
Delaware mort., 6s, various..
Del. & Bound Br., 1st, 7s, 1905 99 !l0O
1 2*1
East Penn. 1st mort. 7s, ’88
E1.& W’insport, list in., 7s, ’80. 103*!....
do
108
6s,exempt,’93,M.&S 111
do
1900, J. &J
in*
do
1902, J.&J
112
Norfolk water, 8s
111
RAILROAD STOCKS.
*40
39
Nesquehonlng Valley
33
Baltimore 6s, iSSL quarterly.
do
6s,: 886, J.&J
1^7
do
6s, 189", quarterly... 109
do
68, park, 1890, Q.—M. 100
do
6s, 1893, M.& S
ao
pref.
Lehigh Valley
Little
30*
32*
RAILROAD BONDS.
S
Phll.&R.C.&I deb. 78. cps.oil
do scrip,1882
do mort., 7s, 1892-3..
Phila. Wilm. & BuR. 6s, ’84
Pitts. Cin. & St. Louis 7s,’900
Shamokin V.& Pottsv 7s, 1901
Stcuhenv. & Ind. 1st, 6s, 1884.
Stony Creek 1st in. 7s 907.
102*! 102*
Susquehanna
The following are the totals for a series of weeks past:
Loans.
Specie. L. Tenders. Deposits. Circulation. Agg. Clear,
1878.
Mar. 9.
Mar. 16.
Mar. 23.
Mar. 30.
02
Chesapeake & Delaware
Total
Specie
Legal tenders
Rutland, preferred .
Vermont & Massachusetts
91
128* 130
24
24*
Penna. 5s, g’d, mt.,reg. or cp
2,067,500
1,707,000
4.958.300
1.954.800
12,716.000
1.561.600
1.999.300
2.332.300
1.929.300
3.510.200
3.253.800
Portland Saco & Portsmouth
Pueolo & Ark nsas
1,100
458,200
1,244.803
Old Colony
95,600
168,0.0
12S.OOO
427.500
896.400
Ogdenso. & L. Champlain ...
do
pref..
7,500
2.219.200
1,-188,000
12,678,0: !0
18,129,roo
4,952/ 00
3,392,000
1.800.400
3,3t>3,500
2,888,000
Northern of New Hampshire
Norwich & Worcester
$
40,000
8.539.300
4.684.500
7.635.400
5.437.400
7,295,000
328,000
1,935/MO
527,000
2.013.000
162 200
764,400
3.349.500
3.239.100
7,622,80) 1,570,200 2,018,7U0 10,321,900
4/ ’09,000 1,3*5,200 2,811,600 6,466,800
1.122.300
159,500
24,600
732.500
1,091,700
13,000
241,000
830.300
1,13",000
319,700 1.211.100
1.818.400
223,000
597,100 2.059,700
300,COO
75',(00
German Americ’n
S
151,000
12,718,200
2,000,000
Deposits.
11,600
1,291,700
19,000
2,012,300
137,600
15.629,400 1,191,900
10,735,500
296,800
629.000
23,000
569,000
4,700
26,700
692.100
49,8 0
745.100
319,900
1,500
40 '.000
Circula
tion.
849.400
3.479 800
Importers’&Trad 1,500,0(0
Park
Mech. Bkg. Ass’n
Grccers’
North River
East River
Manuf’rs’ & Mer.
Fourth National
Central National.
Second National.
Ninth National..
First National...
Third National..
N. Y. Nat. Exch.
Legal
Specie. Tenders.
Net
do
do
do
104*
65
St.
bridge
do
t 10a*
t 108*
new.t 103*
appr., g. 6b t 10 *
renewal, gold, 6s.t 103*
ao
sewer, g. 6s, ’9.-2-3.1 108*
Louis Co. new park, g.6s.1 103*
do
*
„
do
' nd
cur.
Intprnq*
7s.
1 105
*86*
100*
103*
100
97
97
97
100*
35*
i
196
THE CHRONICLE.
QUOTATIONS OF STOCKS
U. S. Bonds and active Railroad Stocks
are
quoted
AND
previous page.
on a
STATE
BXOUBITLBS.
Bid.
AJaDama 5s, 1883
do
5s, 1886.
do
8s, 1886
do
8s, 1888
do
8s,M.*E. RR..
do
8s, Ala. & Ch.K.
8s of 1892 .-.
do
do
8s of 1893
Arkansas 6s, funded
do 7b. L. R. & Ft. S. lee
do 7s Memphis & L.R.
do
do
do
7s,L.R.P.B.*N.O
7b, Mibb. O. & R. R
7b, Ark. Cent. RR...
Connecticut 6s
Georgia 6b
do
7b, new bonds....
do
7b, endorsed.
do
7b,gold bonds...
Illinois 6s, coupon, 1879...
do
War loan..
Ask.
43%
....
43%
43%
•
10
9
20
20
20
4
4
4
4
„
A
•
•
p
i()7
100
107%
’01
109
...
Kentucky 6s
i’l
107%
101
101
101
..
.
8KCJEITIE8.
Albany & Susquehanna...
Burl. C. Rap. & Northern.
Central Pacific
Chicago & Alton
do
pref
Cleve. Col. Cln. & I
Cleve. & Pittsburg, guar..
Col. Chic. & I Cent
81
71%
79k
6BOUBITIB8.
do
2d
do
do
do
8d
4th
5th
do
7s, 1883.
72%
71
104
110
100
101
102
I
i
^
102%
I
102
115
115
SECURITIES.
113
113
108*
......
109
115* 100%
...
100
.
|
Funding act, 1866
15
7s of 1888
18
Non-fundable bonds
Tennessee 6s, old
do
6s, new
...
do
6s, new series..
Virginia 6s, old
6s, new bonds, 1866
6b,
do
1867
6s, consol, bonds
Bpeclal tax, Class 1
do
do
Ohiofis, 1881
Ask.
Land C., 1389, J. & J
Land C., 1889, A. & O....
121
Funding act, 1866
.
Bid.
Ohio 6s, 1886
Riode Island 6s, cp., ’93-4
Sauth Carolina 6b
Jan. & July
April & Oct
ao
1868
New bonds, J. & J
do
A. & O
Class 2
Class 3
2%
104
Western Union
Tel.,
do
do
7106
78,
Long Dock bonds
Ask.
..
MISCELLANEOUS STOCKS
do
7s, 1830....
do
7s,l888
cons., mort., g’d bds
YORK.
.
..
103
104*
102
mort., extended
do
7s, 1879
do
Bid.
do
do .,1891
do
do
1892
;..
do
do
.1893
North Carolina—
6s, old. J. & J
do
A. & O
N.C. RR
J. & J
do
A. & O
do coup, off, J. & J
do
do
off, A. & O....,.
68,
68,
101
1862 or ’83.
do
1386.
do
1847.
do
18S8,
do
1889 or ’9 J,
Asylum or Un.,due 1892
Funding, due 1894-5
Han. & St. Jos., due 1886
do
do iw..
Erie, 1st
NEW
68
Kens. & carat., ga, isi i
eg—
80
Ask.
25
do
AND
IN
Prices represent the per cent
value, whatever the par may be.
New York State68, Canal Loan, 1878...
6s, gold, reg..
6b, do coup,
6S, do loan.
6s, new
6s, new float’g debt.
78, Penitentiary
6s, levee
8s, do
8s, do 1875
8s, of 1910
7s, consolidated
7s, small
Michigan 6s, 1878-79
do
6s, 1883...
do
7s, 1890...
Missouri 6s, due 1878
do
do
do
do
do
BONDS
BONDS.
Louisiana 6s.
RAILROAD
tt&iiroad stock*.
(Active previ'usly quot'd.)
Bid.
[Vol. xxvu;
AND
6s, ex matured coup
6s, consol., 2d serleB
5b, deferred bonds
D. of Columbia
S-65s, 1924.
do
100
4S
do
5%
80%
son
small
registered
81
BONDS.
19uu,cp...
1 Union &
Logansport 78...
109% Un. Pacific, So. Br.,6s. g..
West Wisconsin 6b,g.,new
reg
Miscellaneous List.
do
(Brokers' Quotations.)
CITIES.
Albany, N. Y„ 6s, long
Buffalo Water, long
Chicago 63, long dates..
do
7s, sewerage
do
7s, water
do
63
08
50%
57
70
00
40
1. gr., 7b...
•
Soutli’n Securities.
! CBrokers' Quotations.)
•
•
•
do
103
106
109% no
Buff. N.Y. & E, 1st. m., 1918...
STATES.
109
1
107%
Han. & St. Jo., 8s, conv. mort.
Alabama new consols, A.
43
100
t 98
44
Dubuque & Sioux City.
69
Illinois Central—
B,
5s
70
73
tl04% 105%!
Erie pref
C
Dubuque
&
Sioux
40
City,1st m. 7100
t)05
48
107
Harlem
138
do
i39
7s, river improvem’t
do
do
2d dlv.
Georgia 6s, 1878-’89
1104
105
100% 101%
Joliet* Chicago
Cleveland 7s, long
S. Carolina con. 6s
Cedar F. & Minn., 1st mort..
8J
84
1-9
89
(good).
*107%
!
Kansas Pacific
Detroit Water Works 7s
+ 110
Rejected (best sort)
Indlauap. Bl. & W., 1st mort...
62
70
Ill
30
Long Island
Elizabeth City, 1880-1905
do
Texas 63, 1892
do
2d mort...
*77
80
M.&S. + 102
103
Missouri Kansas & Texas.
do
Lake Shore—
1885-93
7s,
*70
gold, 1892-1910..J.&J. +110% Ill
80
New York Elevated RR..
Hartford 6s, various
Mich S. & N.Ind., S.F.. 7 p.c.
7s, gold. 1904
110
104
J.&J. +112
115
107
N. Y. New Haven & Hart.
Cleve. & Tol. Blnking fund.. 7103
10s,
Indianapolis
7-30s....
pension, 1894.. J.&J. +101
*105
102
107%
Ohio* Mipsisslppi,pref
Long
Island
do
new bonds....
City
*....
90
Pitts. Ft. W. & Ch., guar..
CITIES.
95
Newark City 7s long
90
Cleve. P’vllle & Ash., old bds io'2
*107
108
do
do
Atlanta, Ga., 7s
special.
do
Water
do
do
new bds
97
is,long....
110%
1111%
8s
Rensselaer & Saratoga .
99
100
Oswego 7s
Buffalo & Erie, new bonds...
110
io‘2 104
*100%
Rome Watertown & Og..
Waterworks...
Buffalo & State Line 7s
Poughkeepsie
Water
90
102
101
+110
111% Augusta,Ga.,7s. bonds..
St. Loulfl Alton & T.H....
Rochester C. Water bds., 1303.
Kalamazoo & W. Pigeon, 1st
97
100
+111%
do
Charleston stock 6s
do2*
Toledo 8s. 18S9-’94
pref.
Det. Mon. & Tol.,1st 7s, 1906
7%
107
52
55
*106
Belleville* So. Ill.,pref.
Charleston,
S.
Toledo
C.,
7s,
F.
L
7-30s.
Lake Shore Dlv. bonds
109
98
77
St. L. I. Mt. & Southern...
Columbus,
Yonkers Water, due 1903
Ga.,
7s,
bonds.
4*
do
7%
Cons. coup.. 1st.
60
111
109
05
St. L. K. C. &
Lynchburg 6s
do
North’n.pref
Cons, reg., let.,
95
ill
Tl2
Terre Haute* lndFolis..
Macon bonds, 7s...
RAILROADS.
do
Cons,
05
75
coup.,2d..
United N.J.R.& CL
•103* Atchison * P. Peak, 6s, gold..
Memphis bonde C
128
40
45
do
ConB. reg., 2d
103
35
Boston & N. Y. Air Line. 1st m
Ronds A and B
101
103
Marietta & Cln. 1st mort
Miscel’ous Stocks.
80
34
Bur. & Mo. Rlv., land m. 7s....
Endorsed,
M.
&
C.
RR.
Mich.
Atlantic & Pac. Tel
25
112
Cent., consol. 7s, 1902...
26
35
*12%
do
convert. 8s. var. ser.
Mobile 5s (coups, on)
no
do
Am. District Telegraph...
1st m. 8s. i882, s.f. 7
20
8s (coupons on)
•111%; Cairo* Fulton, 1st 7s,gold...
do
Canton Co.. Baltimore....
72% 74
equipment bonds.
20
20
California Pac. RR., 7s, gold
6s, funded
95
New Jersey Southern 1st m. 7s
98
American Coal
34
38
do
6s,
2am.
g.
Montgomery,
new
81
5s
85
N. Y. Central 6s, 1883
Consolidate Coal of Md..
45
105
106
Central of Iowa 1st m. 7s, gold
JS 6W 38 •••„•••••
35
do
39
Cumberland Coal & Don.
100
29
6s, 1887
•! Keokuk & St. Paul 8s
Nashville 6s, old
do
Yrj>
■ *101
101*
75
Maryland Coal
6s, real estate.,
85
104% i
j • Carthage & Bur. 8s
6s
do
+101
70
Pennsylvania Coal
6s, subscription, 104^ 104% !Dixon Peoria* Han.
101% New new
85
105
Orleans prem. 5s
8s..
do & Hudson, 1st in.,
102
+
30
Spring Mountain Coal...
82
coup 117%!.... ~ :0. O. & Fox K. Valley 8s.
Consolidated
6s
do
do
1st m., reg.
+11(% i‘12
86
>
40
MarlpoBa L. & M. Co
8s
j)Quincy
&
Warsaw
Railroad,
6s..
Hudson
R.
do
+110% 111%
do
“s, 2d m., s.f., 188f HI !....
30
38
pref.
IX
!Illinois Grand Trunk
"Wharf improvem’ts, 7-30
Canada South., 1st guar
Ontario Silver Mining....
110% 111% Norfolk
3c%
73*1 73%! Chicago & Iowa
6s
05
R.8s....jg
To’
Harlem,
1st
mort.
-2o
Railroad Ronds.
'98
!
7s,coup..
I • Chic. & Can. South 1st m.
21
Petersburg 6s
do
g. 7s.
25
do
95
(Stock Exchange Prices.)
78. reg...
120%;
j;Chic. & East. 111. 1st mort., 6s
8s
03
North Missouri, 1st mort
*5
105
Boston H. * Erie, 1st m..
%3 1104 M
do
25%
.2dm. Inc. 7s
Richmond 8s
18
Ohio & Miss., consol, sink. fd.
22
102
do
98 j..
104
guar.
j Chic & Mien. L. Sh. 1st 8s.’89. tU5
do
3avennah7s, old
55
Bur. C. R & North., 1st 5s..
05
consolidated....
97%' 98% iClilc. & S’thwestern7s,
91
guar.,
do
2d
do
55
Minn.* St.L.,lst 7s gua
05
t'3*i 05 , Cln.Lafayette & Chic., 1st m..
W llm’ton’,N."c’.l6s,g."l "coup
do
(b
1st Spring, dlv..
Chess. * Ohio 6s, 1st in..
—
!
! Col. & Hock V. 1st 7s, 30
8s, gold
103
years.
Pacific Railroads—
105
J on.
>
05
do
*80
ex cour
1st 7s, 10 years.
j
do
10 J
RAILROADS.
Central Pacific gold bonds..
Chicago * Alton 1st mort. 114 115
106% 100%: l
do
2d 7s, 20 years
Ala.
&
90
do
92
Chatt.lst
San
m.
do
8s,end.
Joaquin brar.chi 93
8
9
Income. *100%!....
98* Connecticut Valley 7s
43
do Cal. & Oregon 1st
52
Receiver’s Cert’s (var’s)
Joliet & Chicago,1st m. + 100
20
60
91%
1 Connecticut Western
!....
Ist7s....
20
do State Aid bonds
25
Atlantic & Gulf, consol..
La. * Mo., 1st m., guar..
88
90
) 103>*'.... j Dan. Urb. Bl. & P. 1st m. 7s, g.
97k1100
32do Land Grant bonds..
36
Consol., end.by Savan’h
St.L Jack.* Chic..1st m. 105
40
! Denver Pac., 1st m.7s,
42
Carolina Cent. 1st m. 6s,g.
45
Western Pacific bonds
ld.gr.,g.
Chic. Bur.* Q. 8 p.c.,lBtm
30
35
j 101% 10*% Denver & Rio Grande
in%ii2%
7s, gold.
63
Cent. Georgia consol.m. 7s 103
Southern Pac. of Cal., 1st in.
05
do
consol, m. 76
106
113 Hlc%!
j,
&
Detroit
Bay City 8s, end.
Union Pacific, 1st mort. b’dei 100
Stock
*+70
....
do
5s sink, fun i
55
92
1100% Erie & Pittsburgh
1st 7s
99
do
Charlotte Col. & A. 1st 7b.
Land grants, 7s.i 105%
70
73
Ch.Rk.I.*P..B.f.lnc.68,,95. 108 108%
100,;!
do
80
do
con.m.,7s..
Cheraw
&
Darlington
8b..
6s, 1917, coupon
fund...'
85%
Sinking
105
103% 104 ;
do
108% 108*
7s, equip...
East Tdnn. & Georgia 6b..
78
Pacific R. of Mo., 1st mort.. j
6s, 1917, regfet’d
85
88
*108
101*1102% Evansville* Crawfordsv.,7s..
101
E’. Tenn.&Va. 6s.end.Tenn
do
105
2d mort
Central of N. J1st m., ’90 112
90
97%! 98 I Evansville Hen. & Nashv. 7s.
05
41
K.
do
Tenn.
Ga.
Va. &
1st. 7s.
do
do 1st consol.,
Income, 7s.
10)
101
782
T. H. * Chic. 7s. g.
Evansville,
48
do
Stock
55
do
do
t seemed.
IstCaron’tB
40
80
; Flint &
Pere M. 8s,Land grant. *83
?*% 75
South Pac.of Mo., 1st m
87
do
Georgia RR. 7s
85
do conv
1C5 ' 108
85% Fort W., Jackson & Sag. 8s, 89
Kansas Pac., 1st m. 6s, 1635.. 117
6b
do
do
assented.
; Grand 1».& Ind. Ist 7s,
do
i.g., gu. *94with coup. c.fs. 103
dV* btock,•«•«••••»
Lehigh * W. B. con.guar
*67 To
50
do
istls, 1. g., notgu.
do 1st m.,6s, 1396
Greenville & Col. 7s, 1st m.
do
U 5
84% 88
do
assented.
90
do
42%
1st ex 1. g. 7s.
50
do
wlih coup. ctfs.
7s.
Am. Dock & Imp. bonds
guar.
95
32
50
Grand River Valley Ss,
38
do 1st, 7s,
lsFm..
*100
101
Macon
*
do
Augusta
bonds..
t
do
Leaven.hr.,’&C
I Houston & Gt. North.
ssented.
740
56
do
7s, g.
2d endorsed
with coup ctfs
02
Ch.MIL* St.P.iBtm.8s.P.D 117
j30
kb* i Hous. & Texas C. 1st 7s,1stgold..
*95 *97
118%
do l8t,7-,R.*u.G.I>’d.’99
89
Stock
do
2d m. 7 3-10. do 103
91%
do
100
West,
dlv
do
73
84
with coup. ctfs...
do
Memphis
&
Cha’ston
7fc
1st 7s, fg.,K.D
1st
~07
98
100
67*
do
102% 103
Waco
do 1st m., 7s. I’d gr.,’80.
78
2d 78
84
do
1st m., LaC.D.
77
82
do
‘ consol,
100%
do
bds..
with coup, ctfs
L08
71
fctock
do
95
5
lstm.,I.*M...
+9% 100
Indianapolis* St.Louis 1st7s
60
do Tnc. cp. No. U on 1916
70
do
1*2
&
Little
Rock
lBt
Meinph.
14
letm., 1. &D.
37
41
100
ilndlanap. & Vlncen. 1st 7s, gr..
do Inc.
84
do
Mississippi Cent. 1st m. 7s 10C 101
14
lstm.,H. & D.
cp. No. 16 on 1916
j International (Texas) istg...
98% 99
53
05
2d mort. 5s
Pennsylvania
RR—
do
100
105
lint. H.&G. N.conv.8s
lBtin., C. &M. 102 103
10
Pitts. Ft. W. * Chic., lstm..
no
2d mort., ex coupons....
do
119
80
consol.slnk.fd
80
120% Iowa Falls & Sioux C. lsjt 7s... *88
95% 90
do
90
Miss. & Tenn. 1st m. 8s, A.
do
do,
2d m
2dm.. 115
100
100
Jackson
Lans.
ASag.
tl02
do
Ss.lstm.
1st
do
Chic. * N. WeBt. sink, fd
114
mort.,
8s, B
3dm..
i*15
75
100
Kal. Allegan. & G. R.
82
98
Cleve. * Pitts., consol.. B.f.. 112
8s, gr...
,
do
ioo% Mobile * Ohio sterling 8s 57 00
lnt. bonds. 106
Kalamazoo & South H. 8b, gr.. *70
107
do
4th mort....
Ao
Sterling
cert.
6s
ex
consol, bds 110
57
104% 105% Kansas City & Cameron 10s...
00
Col. Chic. * Ind. C., 1st mort
do
8s,Interest
ext’n bds..
45
50
43% 43% Keokuk * Des Moines 1st 7s... *103
105
74
do
2d mort. 8s
do
do
2d mort
1st mort..
77%
20
15
20
107
do
funded lnt. 8s
80
Rome Watert’n * Og.,con. 1st
N. O. * Jacks. 1st m. 8s..
do
32
104
cp.gld.bds.
108
99
Long Island RR., 1st mort.
St. L. * Don
99%
iod
do
97%
103
Certificate,
2d
mort.
8s.
Mountain, 1st m.
95
reg. do
104% Louisv. & Nashv. cons. m. 7b. 100
98* 99
do
107
do
Iowa Midland, :st m. 8s.
Nashville Chat. & St. L. 7s
2d m..
*05
99
do
100%
2dm., 7s, g..
St. L. Alton * T. H.,lst mort.
88
Nashville
Galena * Chicago Ext
&
81%
Decatur
1st
7s
103
iio
1*0
104
101
+
Michigan Air Line 8s, 1890
do
2d mort.,pref..
Norfolk & Petersb.lst m JJs
Peninsula. 1st m., conv. 110
104%
00
105%
99
101
Montclair
& G. L.lst 7s, (new;.
115
30
do
45
2d mort. Inc’me
1st mort. 7s.
Chic. * Mllw., l8t‘ mort.
22
94
do 2d m. Vs (oil m.,
100% 108
2
Belleville * 8. lll.R. 1st m. 8s *85
lsts)...
5
2d
mort.
8s
Winona & St. P.. 1st m.. 100
95
90
95
Mo. K.& Tex. 1st 7s, g.,
Tol. Peoria * Warsaw, 1st E.D
39
1904-’06
do
2d mort.
40* Northeast., S.C., 1st m. 8s. 100
797
do
88
2d m. Income...
do
2d mort. 8s
do
C.C.C.*lnd’B 1st m.7B,8F.
W. D.
*90
85
N. J. Mldland 1st 7s, gold
108
do
22
24
do
do Bur. Dlv.
Orange AAlex’drla, lsts,6s
consol, m. bds 784
80
'.V.
95
ST. Y. Elevated RR., 1st m
84%
do
86
Del. Lack. * West., 2d m.
87
do 2d mort..
<is,6s.
;
69
74
N.
7107
Y.
&
08W. Mid. 1st
do
107%
5
6
do
do
consol. 7i
3ds,8s
30
40
7b, conv.
do recelv’B ctfg.(labor)
105
ToL * Wabaah. 1st m. extend.
27
34
do
4ths,8s
mert.. 78, 1907
12
20
do
*100%
do
do
(other)
20
ex coupon
25
Klchm’d
&
Petersb.lst7s,.
N.Y.
Syr. Bingh.*
100
95
ut.Ie
Omaha * Southwestern RR. 8s 113
do
Morris * Essex, 1st. m.. 1014%
istm.St.L. dlv.
113% Rich. Fred. & Potomac 6s.
89
90
118
119
Oswego & Rome 7s, guar
do
86
93
mort. 7s
do
ex-matured coup....
2d mort..
95
75
73%
Peoria
Pekin & J. Ibi mort
104* 105%
do
*15
2d mort
35
Rich.*
do
1st
Danv.
consol.6*
79
bonds, 1900.
72
Pullman Palace Car Co. stock.
do
Ex
do
*
09%
Southwest.,Ga ,conv 7s,’h6 100
05
Nov.,*77, cour.
conBtruct’n 7-5
10L
do
bds., 8b, 4th series
rto
do
equlp’t
93
91%
bonds.......
Southwestern,
stock.
Ga.,
7s, of 1871 101% 102%
75
11* St. L. * I. Mt. ( Ark. Br.) 7s, g.
do
con. convert...S. Carolina RR. 1st m. 7s.
do
1st con. guar.
62% 68
80
85
St. L. * San F., 2d m., class A.
»2%
do Ex. Aug.,*78,* prev’s "34
43
46
7b,
1902.
Del.&Hud.Canal, 1st ra.,’84 ICO
37
22
30
do
do
Great Western, 1st m., 1888..
class B.
25
do
7s,
non
mort
do 189:
27%
100
do *
do
class C.
do
20
do
Savannah * Char .1st m. 7s
22
1st extended 7102
ex coupon
*99
*5 To
St.L.*So’ea8l. con8.78,gold,’94
102%
do
25
2d mort.. ’93
35
do
Cha’ston * Sav. 6s, end.
coup. is. 1891
80
40
St. Louis Vandalla * T. H.
103
do Ex * Nov.,*77,coup.
1st.
do
West
102
Ala.,
1st
mort.
8s..
reg. 7s, 1891
05
100
103
do
108%
2d, guar
05
Quincy * Toledo, 1st m.. ’90.. '64%
2d m.8s, guar
Albany * Susq. ist bds.
*2%
82
90
104
1C6
111
do ex mat. *
Sandusky
Mans. * Newark 7b.
85
95
do
PAST DOE coupons
.d do
Nov.,’n,cou.
75
7100
South Side, L. I., 1st m. bonds.
104
Illinois * So. Iowa, 1st mort
88
do
8d do
90
Tennessee
State
do
15
coupons..
25
do
alnk. fund...
0^ 1st eons.
35
ex coupon
40
8outh Carolina consol.
eu»
40
Southern Minn. 1st mort, 8s...
•
Han. * Cent.
Rers. * Saratoga.
84
88
Missouri,
1st m
Virginia
Istcp 115
15
coupons
do
Pekin Llnc’ln * Dec’t’r.lst m
7s, 1st
98
Conroi.
*
:::: Tol. Can. 8. & Det let7s, g
co-m..
78
80
Price nominal.
43
t And accrued interest.
Memphis City coupons....
30
40
J..MO price to-day; these a.e latest
quolatlous made this week.
27%
3*
’99%
.
.
..
•
,
•
•
•
f
...
•
*
«
-
-
f
....
*
•
♦
....
..
■
•••«•••••
....
.
•••*
>•
«••••••
.
—
....
_
....
.
...
....
....
...
•
•
•
•
■
...
.
...
....
.....
....
*"
*
"
‘
—
...
.
••••*•••»
•
•
t
•
+
*
.
..
.
•
•
••
•••*•••••*•••
;
,
....
...
-
-
.
...
.
.
T
t
-
t
■
.
r
****
.
...
....
.
..
....
...
‘98%
-
«...
•
•
• •
...
•
• •
....
•
...
...
.
4
August
THE CHRONICLE.
24, 1878.]
ttEW YORK
197
SECURITIES.
LOCA.L
Bank Stock List.
Companies.
Capital.
Insurance Stock List*
Dividends.
Surplus
Net
Price.
Capital.
Hark’d thus (*)
are not Nat’l.
America4
100
Am.
100
100
Exchange
Bowery
Broadway
Butchers*& Dr.
Central
Chare
'
Chatham
Chemical
Citizens’.
City
Commerce
....
Contl«°ntal
Corn Exch’ge*.
..
EastRiv^r....
11th Ward4....
Fifth
Fifth Avenue4.
First
...
....
Fourth.;
Fulton
Gtfllatln...
German Am.*.
German Exch.*
Germania*
Greenwich*....
....
Grand Central*
Grocers*
Hanover
Imp.* Traders’
Irving
Island City*...
Leat
herManuf.
Manhattan*
Manuf.&Mer.*
Marine
dates. §
Amountt
J. & J.
M.&N.
184,400 •I. & J.
1,100,7* C i. & j
38,60C J. & j.
30 ,800 j. & j
1,525,700
1,2-5,POO
0
0
3
0
3
9
3
0
0
)
3
0
)
0
3
3
3
3
3
3
3
)
3
3
)
25
2^
100
100
2
100
25
100
100
100
100
25
25
100
100
100
100
80
50
100
100
100
25
25
40
100
100
50
f0
100
50
20
.
17.00C
..
150,800
1,504,300
2,723,300
297,100
145,000
Oriental*
Peoples’*...
Pbenix
Produce*.
Republic .....;
St. Mlcholas...
..
Seveath ward
Second
Shoe & Leather
Sixth
State of N. Y ”
Third
...
..
.
.......
Tradesmen’s..’.
Union
....
West Side*.....
•
40,700
43,-00
39,800
415,700
1,103,000
'
10,100
1,600
316,100
102,000
49,100
6i,100
20S500
40,800
195,900
nil.
100
300,000
100 1,000,000
100
200,000
100
800,000
100 1,0 0,000
40 1,000,000
50 1,200,000
100
200,000
309,400
094,200
87,000
3
5
•
10
•
’78.
*78
’78.
’78.
’74.
May, ’78.
May, ’77.
May, *78.
,
0
6
7
8
3
14
10
3
7
14
12
9
•
•
6+6
10
4
3+6
6
7
12
12
10
10
7
J. & J.
J. & J.
J. & J.
J. & J.
M.&.N.
J.& J.
J. & J.
M.&N.
J. & J.
>
95+6
ISO
3+6
85
3
5
6
3
....
100
193
July,
July,
Aug
11
12
0
10
6
,
July,
July,
July,
140
...
85
6+6 Aug.,
0+6 Aug.
3
July,
10
July,
•
8
0
12
11
8
10
7
7
3
8
10
9
8
Ju y,
41^:
’78.
’77.
*78.
’78.
’78.
3
July,’78.
May, ’78.
Jan., ’78.
Jan., ’78.
May, ’78.
July, ’78.
9
8
8
125
Brooklyn Gas Light Co
25
20
Citizens’Gas Co (Bklyn)
do
„
eertitlcates
Harlem
1,000
50
Jersey City & Hoboken
Manhattan.
20
50
100
V r.
100
/
Metropolitan
ao
certificates
Mutual, N. Y
do
bonds
85
115
do
scrip
75+4
ICO
T
r
t
....
85
do
do
\
bonds
do
certificates.
Central of New York
Williamsburg
do
Var.
Var.
320,000 A. & O.
1,850 000 F.&A.
38 ',000 J.& J.
4,000,000 J.
& J.
2,500,000 M.& S
1,000,000 M. & S
5
3
scrip
Metropolitan, Brooklyn
Municipal
...
Sterling
Stuyvesant
Tradesmen’s....
United States..
Date.
Bid.
*
As k
a
ur.,
’78! 180
1,500,000
95
155
80
100
80
160
185
135
104
76
102
76
97
95
30
Broadway dk Seventh Ave—stk
Brooklyn Oily—stock
1st mortgage
Broadway {Brooklyn)—stock.
Brooklyn A Hunter's Pt—stock.
1st mortgage bonds
Bushwick Av. (B'klyn)—stock
Ventral Pk„ y.dk E River—stk.
Consolidated mortgage bon s.
Dry Dock, E. B. dkBatterstk.
1st
mortgage, cona’d
Eighth Avenue—stock
100
100
1,000
100
100
100
1st mortgage
2dSt. dk Bhrand St ferry—stock
1st mortgage
Central Cross lown- stock.
1st mortgage
...
.
200i000 Q-J.
400;000 A. & 0.
300.000 J.& J.
500,000
1,800,000
1,000 1,200,000 J.&D.
100 1,200.000 Q-F.
500&C
Houston,West st.dkPav.F’y—Btk
1st mortgage.
Second Apenue—stock.
900,000
094,000 J. & J.
1(10 2,100,000 Q-J.
1,000 1,500,000 J. & D.
10
2!ooo,ooo Q-F.
1,000
300,000 M.&N.
1st mortgage
3d mortgage
Cons. Converting
100
1,000
80
85
90
100
67
98
1,000
100
1,000
100
1,000
100
500
100
1,000
1.000
l+v July, ’78
J’lv.1900 92
*+6 Juiy, ’78 05
7
June, ’84 98
3+6 Aug., ’78 160
7
Nov., ’80 104
3
Ju’y, ’78 135
-
5Q0&C.
80
55
97
July. ’78
900,000 J.&D
1,000,000 J.& .1.
203,000 J. & J.
748,000 M.&N.
236,000 A.&O.
Ju y, ’78
Jan., ’84
May, ’78
Apr., ’93
600,000
200,000 M.&N.
7
Nov.iixk 92+6
Wt/V
i902
Aug., ’78
June, ’93 101
•
500,000 J. & J.
1,199,500 Q.-F.
150,000 A.&O.
7
2
7
7
7
5
7
10
7
4
7
July, ’04
Apr., ’78
Apr
’85
May, ’88
Oct.. ’83
May, ’77
.
•
100
115
105
40
18
84
jWV
1,060,000 M.&N.
200,000 A.&<).
J00
750,000 M.&N.
1,000
415,000 J. & J.
Third Avenue—stock
100 2,000,000 Q-F.
1st mortgage
1,000 v,000,000 J. & J.
Twenty-third Streetstocx
100
600,000 J & J.
tat r
1,000
250,000 Vf.&N.
•This column shows last dividend on stocks, bat the date of
Extension
Sixth Avenue- stock
1st mortgage
Oct., ’70 70
100
1888
7
2
7
0
7
6
?
nun
*
•
•
•
•
95
.
.
.
.
.
50
July, ’90 105
103
Aug.,’78
July, ’90 95
Aug.,’78 95
M>y, ’93 100
25
95
68
101+6
175
110
150
85
102
90
60
100
86
102
i to
125
115
50
90
24
90
50
100
82+6
85
00
115
100
100
105
maturity of bonds
200,000
200,000
200,000
200,000
200,000
210,000
200,000
170.808 20
114,891120
184,751120
115.836112
332,142 20
170,985! 20
(20
10
11
14
30
20
10
20
20
25
10
20
20
19,550|...
200.000
50,864' 10
432,403 -10‘
125,671 12
418,974 30
10<,590 20
300,0< 0
500,000
.350,000
200,000
200,000
150,000
150,000
1,000,000
200,000
200,000
300,000
200,000
200,000
200,0(0
200,000
200,000
300,000
200,000
200,000
150,000
207,114 20
112,290 20
656,319 15
H,261 5
61,535 10
+33,061 10
73,072 11
209,231
20
119,037 12+<J
19,411 10
109,443 11-6
162,' 22
54,227
]§*
150,210 20
181,242
237,990
196,307
414,028
250,000
300/ 00
250,000
20
16
10
20
10
10
.12
30
20
20
20
20
10
20
10
10
10
10
12
12
13
10
20
10
20
10
10
20
10
12
20
30
20
10
20
18
20
14
20
17
LO
12
11
20
20
20
18
20
18* iS*
10
10
10
12
20
16
10
10
20
25
16
10
20
10
16
20
16
10
20
13
25
15+6
July.
100
Jan., ’t* 4
’7b! 5
June. ’78.10
Aug,, ’78.10
Ju y. ’78.10
July. ’78.10 170
Aug.. ’78.5-72 120
July. ’78. 6 110
50
July. ’77. 5
J*;’*. ’77.
Ju y,
130
55
55
5
136
165
’7-. 8
Ju y, ’78.6 75 158
API- ’78.10
July. ’78. 5
Jan., ’77 3
a
ug.,
’78!
20)
105
iio
5
Ju y, ’78.
lu y, ’78
125
130
V* 103
40
110
50
100
110
Ju’y,* ’7b! *5
117
140
108
■Jan.. ’77.
Ju y. ’7h.
July, ’78.
July. ’78.
Tuly, ’?8.
July, ’78.
J'-ly, ’78.
•July, >78
Julv, ’78.
*50
55
125
155
125
260
July.’77
July. ’78;
5
5
5
6n
3!*
7+6 120
127
5
5
90
110
ioo
100
80
July, ’78.
Mar., ’?8
July. ’78.10
Jan
.
’78. 5
Ju.v, ’78.
July, ’78.
140
100
85
150
80
125
100
8
5
Ju y, ’78. 5
July, ’78. 8
July, 78. 5
Ju y, 78. 6
July. 78. 5
July, 78.10
'
‘
1H0
160
8.0
’78. 5
130
July. ’78.10
132
185
130
50
55
110
110
210
105
180
110
110
50
’78. 5
?8. 7
5
5
’78. 5
8.10
8. 6
810
July,
July.
July.
July, ’78. 0
Ju y, ’78. f>
I’77. 3+6
July, ’78. 5
70
90
150
July, ’78. 5
Ji-ly. ’78. 5
July, ’78.10
‘
65
185
190
July, ’78. 7
July. ’78. 5
a y. ’78.
7+6
5,
•
10
20
10
10
10
10
12
12
10
10
20
10
20
10
10
65
85
140
100
78. 5
70
1.35
97
114
65
110
110
87
90
150
•
•
•
•
95
85
140
108
170
90
140
120
195
150
05
110
120
240
115
125
70
97
‘
July,
-Aug
11*55 1235 luly,
15
17+6 July,
,
-8
8
8
5
60
80
78.6-23 117+6
8. 5 ilOO
107
A "g.,
8. 5
July,
July,
July,
Aug.,
July,
’78. 7
’78 5
’78. 6
’78. 5
’78.10
...
95
120
125
125
100
199
135
110
200
Over all liabilities,
scrip,
figures
including re-insurance, capital and scrip. + Inclusive of
with a minus sign before them shew that the lomnany to
impaired to that extent.
■
City Securities.
[Quotations by Daniel A. Moran, Broker, 40 Wall Street.]
Interest.
Price.
Bonds
Kate.
Et tv York:
1841-63.
Water stock
do
1854-57.
Croton water stock.. 18-15-51.
..1952-60.
do
do
Croton Aqued’ctstock.1865.
do
pipes and mains...
lo
reservoir bonds
Central Paik bonds. .1853-57.
do
no
..1853-65.
1870.
Dock bonds
1-75.
do
V
3
7
25
50
100
!00
25
25
25
10
50
30
‘<0
40
10
30
20
40
00
’78. 8+6
’78. 7 130
95
July, ’78. 5
7.
J« yJu y.
v
*
1st mortgage
Westchester...
Willlamsb’g C
.
’78 145
’78 x73
’78 95
’78 70
July, ’78 150
June, ’7*>180
[Quotations by H. L. Grant, Broker. 145 Broadway.]
Bleecker st.dk Pulton ferry—stk.
Safeguard.,
St.Nicholas....
Standard
Star
3+o Aug., ’78 103
5,000,000 Quar.
1+6 July,’78 72
1,000,000 F.& A. 3+6g Aug., ’78 03
25 1,000,000
3
Var
July, ’78 72
Va
700,000 M.&N. 3+6 May, ’78 93
100 4,000,000 M.&N. 4
May, ’78 90
10 1,000,000 ./. & J. 3+o Jan., ’70 20
M.&N.
1,000
90
825,000
3+6
Yar.
300,000 J. & J. 3+6 Iify, ’78 70
50
466,000 F.& A. 3+6 Feb., ’78
50 1,000,000 Quar,
Ju.y, ’78 80
Var. 1,000,000 J. & J. 3+6 J «• y, ’78 90
100 1,000,000 M. &N. 2+6 v ay, ’78 00
100
50
25
25
100'
20
50
50
100
50
100
100
25
100
...
183,521110
54,368110
150,000
Mercantile
Merchants’
Montauk (Bkn)
Nassau (Bklyn
National
37*6
N. Y. Equitable 35
New York Fire 100
N. Y. & Boston 100
New York City 100
...
Apr ,
July,
3+6 Apr.,
3
Feb.,
5
5
Mech’ics’(Bkn)
....
•*
100
25
50
50
50
50
50
’
10
10
12
12
13
10
20
19,135
500,COO 144,783
200,000 108.807
41,245
200,000
200,000 +298,081
199,066
150,000
21,568 20
280,000
150,000 162,772 i 20
200,000 120,421110
51,864 10
150,000
200,000 +294,756116
300,000
81,567,10
200,000 201,431110
250,000 227,280 14
200,000 272,201 30
.
io *
•
83,298 10
137,207 20
599,219 10
95,223 10
3,000,0+0
uo.coo
.
Manhattan....
L07
.
People’s (Brooklyn)
ao
2,000,000
1,200,000
50
100
25
Hope
Howard...
50
Importers’* T.. 50
100
Irving....
Jefferson.
30
Kings Co.(Bkn)) 20
Knickerbocker 40
Lalayette(Bkn) 50
100
Lamar.. *
25
Lenox....
Long Isl.(Bkn.) 50
25
Lorillard
Manuf.& Build 100
.
Mech.&Trad’rs
"83+6
1,000
Nassau, Brooklyn
„
Rate.
Hanover...
Hoffman...
.
[Gas Quotations by George H. Prentiss, Broker, 30 Broad Street*]
Amount. Period.
.
.
95
172,204
200,000
200,000
150,000
500,000
200,000
.
Gas and City Railroad Stocks and Ronds.
Par.
.
.
§ The figures in this column are of date June 29th for the National
banks, and of
date Jane 22d for the State banks.
Gab Companies.
.
.
2+v
3
4
5
3
3+^
3
4
5
4
50
50
25
100
100
.
Home
’78. 4
75
’77. 3
’77. 3
’74. 3+*
’78. 5
’78. 2+6 124
90
’78. 3
’78. 4
80
’78. 3
’TM
loo
.
Guardian..
7+6 July, ’78. 3+6 112
8
July, ’78. 4
July,
.
Guaranty..
Hamilton
145,720
2,022
10
10
10
14
25
1515
115
15
10
10
10
8
8
4
10
10
10
30
20
20
20
20
20
80
20
20
20
20
20
20
20
17+6
20
20
18
10
!0
5
10
10
5
20
25
25
91 0 11-45 1250
30
30
20
14
14
14
10
3
(10
15
20
15
15
15
12+
19
15
12
10
10
10
12
12
12
300,000
200,000 102,433
200,000 —11,973
200,000 110,105
200,000 154.588
90,569
204,000
150,000 —J 3,386
87,581
150,000
200,000 -12,6. 8
1,000,000 720,101 io“
500,000 679,890 10
200,000 129,778 18
321,187 55
200.000
17
10
10
Firemen’s
Firemen’s Fund
d
Firemen’s Tr
Franklin
German-Amer.
Germania.
Globe
Greenwich
200
178,940
250,000
300,000
200,000
200,000
1,000,00 +1006519
loo
loo
.
.
.
90
210,000
517.688
.
...
Jan.,
Eagle
Empire City
Emporium.,
fcxcnange....
Farragut....
..
7% Ju y, ’78. 3
120
70
Julv, ’77. 3
Jan., ’70. 3+6
10
July, ’78. 5
duly, ’78. 3
0
May, ’78. 2+6 80
,,,,
«
225
345
95
125
3
3
5
•
Aug.,
lOO
.
da"., ’77. 3
8
3
0
Fire
e
.00
Commercial
50
Continental.,.. ioo
July. ’78. 4
126
2+6 May. ’77. 2+6
7+2 Nov., ’77. 3+a
6
75
May, ’78. 3
10
••
.
July, ’78. 7
8
July, ’78. 4
6+6 Jan., ’78. 3
12
July, ’78. 5 110
8
Aug ’78. 4
July, ’75. 3+4
Jan., ’70. 5
7+6 ,'u'y, ’78. 3+6 100
•
Clinton...
Columbia,
commerce
...
9
s+6
.
76
120
90
3
July! '78. 3+6
Inlv
F.&A.
F.&A.
118+6
,
....
City
Oct., 77, 2+6
July,
6+6 July,
10
May,
7
Apr
Feb.,
0
7
8
Citizens’.
4
3+6
50
.
Bowery...
Broadway
Brooklyn.
100
•
•
12
....
.
750,000
700,000
240,000
25
300,000
50
422,700
100 2,000,000
251 412,500
20 1,000,000
100
200,000
100 1,500,00
100 1,000/>00
100
300,000
5
Jan., ’76.
10
Aug., ’78.
6+6 July, ’78.
July, ’76.
•
....
7+6
5
8
10
3
9
8
8
8
Amity..
Atlantic
Price.
5. 1870. 1877.
28,316
200,000
13,981
200,000
400,000 1560,90»
73,779
200,000
517
200,000
78,642
200,000
415,561
300,000
200,000 807,980
153,000 209,786
300,000 +493,435
b loo
American Exch
70
95
Ju y 1,
1878.*
Amount
i25
A£tna. ..,
American
...
3+6
May, *78!
July, ’78.
•
•
7+6
J.& J.
T. & J.
J. & J.
T. & J.
J. & J.
J. & -J.
F.& A
J. & J.
•J. & J.
J. & J.
J. & J.
M.&N.
M.&N.
M &N.
J. & J.
J. & J.
J. & J.
J.& J.
Adriatic..
103+6
103
Far
„
130
4
3
5
8
4
Ply, ’78. 3
10
0
10
May.
May.
Ask.
•July, ’78. 3 ’ ioo
Sept. ’78.15
0+6
•
77,200
207,100
8«5.700
81,200
89,200
172,600
684,300
217,000
45,900
871,500
90,900
55,2001 M.&N
747,000 V. & J.
80,i00 ■T. & ,T.
79,200 F. & A.
24,100 J.& J.
29,500 J. & J.
86,000 J. & J.
165,890 J. & J.
219,500 Q-F.
243,200 •J.& J.
155.000 J. & J.
141,700 J. & J.
200,000
9
100
12
A.& O.
F.& A.
Bid.
....
4
ni1.
i
.
*7s,
*78.
’78.
’77.
Ju y, ’78.
8
l+6
15.000 M.&N.
25,000
145,800
1,085,300
108,3)0
8,500
.
July
5+6 May,
12
July,
16
July,
8
July,
6
10
985,000 J. & J.
444,800 M.&N.
072,100
8
10
100
8
20
7
3
10
J. & J.
•
•
.
1,244,000 Q-J.
Ninth
100
No. America4.. 70
North River*.
50
Pac flc*...
Park
•
M.&N.
J. & J.
J. & J.
76 ,200 F.&A.
52,600 J. & J.
13,000 J. & J.
49,0 0 Q—J.
H
Nassau* .*
New Yori<
N. Y. County!.’ 100
N. Y. N. Exch. HX)!
•
1 ">6,000 •T. & J.
100
50
50
100
100
100
100
100
•
3,100,500 Ri-m’ly
,.
...
•
Last Paid.
Dividends.
Surplus,
Companies.
1877
9
7
12
68
10
8
.
Market
100
Mechanics’
25
Mech. Assoc’n! 50
Mech’lcs & Tr. 25
Mercantile
100
Merchants’.
Merchants’ Ex.
Metropolis4.
Metropolitan
Murray Hill*..
Period 1870
53
Floating debt stock
Market stock
1860.
1865-68.
Improvement stock.... 1869
do
no
....18b9.
Consolidated bonds
var.
var.
Street Imp. stock
do
do
New Consolidated
Westchester County
var.
Months
Payable.
due.
Feb., May Aug.& Nov. 1878-1880
5
do
do
6
5
6
6
do
do
do
do
1878-’879
1890
do
1883-1S90
do
1884-1911
7
1884-1900
May & November.
0
Feb.,May Aug.& Nov. 1907-1911
do
5
do
1878-1898
do
6
do
1877-1895
7
1901
May & November.
6
1898
0
1878
Feb..May, Aug.& Nov.
7
1894-1897
May & Novomber.
do
6 do
1889
do
7
do
1879-1890
0 gdo
do
1901
0 ~
do
1888
do
7
io
io
1879-1882
0 K1896
January & July.
7
do
do
1894
4
Bid. A sk
100
IOO
101+6
103
104
109
107
101
100
110
106
100
117
105
102
108
102+6
102
1+8
106
101
102
102
100+6
103
117
108
103
107
117
108
101
118
106
114
109
106
105
109
107
[Quotations by N. T. Beers,,Jr., Broker. 2+6 Wall st.]
Brooklyn—Local lmpr’em’i—
City bonds
do
Park bonds
Water loan bonds
Bridge bonds...
7
7
7
7
7
6
0
Waler loan
City Donas
7
Kings Co. bonds
do
do
Park bonds
Brldg1
Brooklyn bonds flat.
6
0
0
January & July,
.
do
do
do
do
00
do
do
do
do
do
do
do
Mav & November.
<10
in
January a July.
do
do
1878-1880 101
1881-1895 105
1915-1924 11696
1903
1103?
1915
11096
1902-1905 108
1881-1895 104
1880-1883 108
1880-1885 109
1924
1907-1910 107
]O0+6
•All
[Quotations by C. Zabbiskib, 47 Montgomery 8t., Jersey City.]
Jersey City—
Watei loan, long
do
1869-71
Sewerage bonds..... .1866-69.
Assessment bonds... 1870-71.
Improvement bonds
Bergen bonds
1868-69.
0
7
7
7
7
7
1895
101
102
1899 1902 107+s
101
do
do
1877 1879 100
1801
Jan., May, .Inly & Wov.
DF+6 107,
05
1'
J. & J. and J & D.
105 1100
1900
January and July.
January & July.January & Juiy.
107+6,108+*
198
THE CHRONICLE
fVoL. XXVII.
Jmrestwmts
Operating Bx-
Glencoe
The Investors’ Supplement
is published on the last
of each month, and
Saturday
furnished to all regular subscribers
of the
Chronicle. No single copies of the
Supplement are sold at the
office,
in that
to
shape.
Toledo Canada So. & Detroit.
181
0,145
Total
96,184
$589,727
7
INTEREST AND RENTAL.
The interest and rental
liability of our roads for
amounted to
supply regular
can
Pinconning & LakeS
H«*cla & Torch Lake
Mantf’d cold water & Lake M.
however, is bound
(Annual), and
penses above
Chicago & Canada Southern.. $21,964
Michigan Air Line HR..-. Earnings.
Chicago & Lake Huron
208,097
Michigan Midland & Cauada. $255,812
Det. Hillsdale &
820
Southwest...
J12
STATE, CITY AND CORPORATION
FINANCES.
as only a sufficient number is
printed
subscribers. One number of the
Supplement,
up with The Financial Review
Ex¬
pcDt*es above
Earning •>.
AND
the year
$12,351,908, a decrease from the previous
year of
$479,285. Of this total
liability, $9,669,104 were discharged, and
$2,652,804 remained a charge against
the
be purchased
defaulting
ANNUAL REPORTS.
companies.
ROADS PAYING NO
INTEREST Oli PART O? THEIR
INTEREST. '
Eight roads report no part of their interest
paid, an aggregate
of entire default of
$962,107; a sum larger
j
appeared under the
Railroads in Michigan.
(For the year ending December 31,
1877.)
Hon. W. B.
-
in the State of
for the year 1877.
The
year to year, and i3 now
661,
or
paid-up capital invested
$28,371
per mile.
in
our
This is
an
Co., by which their debt
account
was
largely diminished and th^ir capital account
enlarged by the addition of |2,648,397 thereto. Of
the above
total, $118,703,438 is common and
$26,833,223 is preferred stock.
DEBT.
The funded debt accounts show
a
total of
decrease of $621,966 from tbe
$149,972,124, a
previous year, while the unfunded
debt has been increased
by $3,347,269, and amounted at the close
of the year to
$17,299,297, an addition of nearly
twenty-four per
cent to this account.
The total debt amounted to
an
$167,271,421,
aggregate increase of $2,725,302. The
average debt
of road is
per mile
$32,610.
City
Total
$962,107
portion of their interest,—the
year previous:
Interest
Unpaid.
$494,320
Chicago & Michigan Lake S.
Detroit * Mi.waukee
Detroit Hillsdale & ^outhw.
Detroit Lansing & Northern
Flint & Pere Maiquette.
Fort Wayne Jackson &
345,716
560
98,858
251,905
95,000
...
Sag.
Intereet
Marquette Houghton & Ont.
Michigan Lake Shore
Saginaw Valley & St. Louis
Total
GROSS EARNINGS.
The gross
earnings of the several roads having all or
tionof their lines in this State
any noraggregate the sum of
compared wiih the previous year, of$39,545!930, a
$837,289, or
The large yearly decrease
which has been
stated in the
reports o' this office, since 1873, amounts
to a total
of $9,612,433, the
gross earnings for 1873
having
amounted to
$48,158,363, But, as giving a more accurate index of
the varia¬
tion in the
earnings, it may be noted that the
average earnings
per mile of road were, for 1873,
$8,643 63; for
for 1875, $7,229
$8,179 94;
50; for 1876, $7,094 39; while for1874,
1877 it amounts
to but $6,830
85; a falling off in five years of
$1,812 83 per mile
of road, or more than
twenty per cent. The earnings from
pas¬
senger traffic -were $10,255,365, a
decrease of
8 95 100 per cent; from
$1,008,577,
or
freight traffic $27,226,230, an increase of
$280,478, or 1 4-100 per cent; from
carrying the mails, $974,663, a
decrease of $100,121; from
express traffic $715,656, a decrease
of
$44,068; from miscellaneous sources,
$374,014, an increase of
$34,999.
as
2 7-100 per cent.
The receipts in addition to
earnings amounted to
less than that for the
previous year by $34
per cent.
These receipts, added to the
gross
total receipts for the
year $39,752,901, a
previous year of $372,108, or 2 12-100
70,400
17,203
$1,674,73$
by $989,650:
Excess of Oper¬
Excess of Oper¬
ating Expenses,
luterest and
Rental
Chic. & Canada Southern.,..
Huron
Chic. & Mich. Lake Shore...
Chicago Detroit & Canada
Grand Trunk Junction....
Chicago Saginaw & Canada.
Detroit & Bay City
It
$201,444
637,897
449,4^2
Chicago & Lake
76,390
10,832
89,115
Detroit & Milwaukee
Detroit Hil tdale & Southw.
268,841
......
Flint & Pere
Marquette
Interest and
Rental over
over
come.
1,354
22 ,088
....
Glencoe Pincn’g * L. Shore. Income.
$8,581
Grand Rapids &
Indiana...,
248,455
Gr. Rapids Newaygo & L.
S.
5,627
Hecla & Torch Lake
6,145
Mansf Coldw. & Lake
Mich.
15,667
Marq.Hough’u & Outonag’n. 100,336
Michigan Lake Shore
68 542
Mich. Midland & Cauada
23,360
Toi. Can. South. &
Detroit..
...
201,184
Fort Wayne Jackson &
Sag.
84,951
Total
It should be noted that the deficit
$2,729,297
in the above table
the Detroit
against
Lansing & Northern R. R. is only one of
this interest not b
ing due until Jan. 1, 1878, it was not accounts,
in the interest
paid, although paid, when due, from the included
of the year.
earnings
OPERATING
EXPENSES,
INTEREST
AND
WITH GROSS RECEIPTS.
The
RENTAL,
COMPARE®
operating expenses, interest and rental accounts
combined
amounted for the year to
$37,953,761, a sum less than the aggre¬
gate of these accounts for the previous
year by $2,562,536, or
3 95 100 per cent. These
combined
$6,557
per
earnings.
mile of road, and
are
expenses make an average of
equal to 95 97-100 per cent of the
NET INCOME.
The results of the year’s business
show
a
total income from
all
$37,752,901, and a total expenditure for operation and
interest of $37,953,761, which leaves
as the net income
for the.
year $1,799,139, a gain of
$690,427, or more than
sources
of
sixty-two per
the previous year.
This net income is equal
to $350 75
mile of road owned, and $306 26 per
mile of road operated.
cent over
RECEIPTS IN ADDITION TO
EARNINGS.
sum
3i 0,776
,
nnd
mileage and general
property, of $5,674,020. The aggregate cost is improvement of
equal to $57,062
per mile of road, while the combined
stock and debt amount to
$3,919 per mile more than this. The
proportion of the cost for
Michigan, computed on the basis of the
per mile averages, is
$158,463,713.
Unpaid.
The deficit shown in the
above table in the case of the
Lake Shore is the entire interest
Michigan
on the funded
debt of the
the portion of interest
road,
which was paid
by the receiver being
that which accrued
during the year on the issue of receiver’s
certificates, and amounted to $12,525 33.
1 he operating
expenses, interest and rental of the
named roads exceeded their
followinggross receipts
named, which aggregate a total deficit of by the several amounts
$2,729,297, an amount
less than the deficits for the
previous year
ating Expenses,
The property accounts do not at
all keep pace with the
capital
debt; the cost of roads and equipments
being given at $292,696 859, an increase from the
amount for the
previous year, to be
charged to the increased
17,937
unpaid beiDg as given below, and
aggregating a total of
$1,674,736 71, a partial default less
by $602,288 64 than for the
COST.
decrease,
& Canada.
Toledo Canada So. * Detroit
T< averse
pay a
amounts
roads amounts to
$145,527,increase over the
previous
of $2,494,428, in the
aggregate, or one and
seventy-five
hundredths per cent. This
large increase is more than accounted
for by the
change made in tbe re organization of what is
now
the Detroit
Lansing & Northern R. R.
year
Michigan Midland
...
following:
CAPITAL STOCK.
Amount of
Imerest.
$22,540
105,000
Interest.
Chicago & Canada Southern.. $179,480
Chicago & Lake Huron
Chicago Saginaw & Canada... 429,800
12,950
Deiroit & Bay City...
186,400
Glencoe Pinconning &
Lake S
8,000
Nine roads were able to
looked for as one of the best
reports issued. From the commis¬
sioner’s remarks and
statistics, we condense the
The
by $99,253 than
head for the previous
year:
Amount of
Williams, Railroad Commissioner
Michigan has just submitted his report
Michigan report has been.improved from
same
per
$206,971,
a
818, or 13 57-100
earnings, give as the
DIVIDENDS.
Four companies paid dividends as
ness, as
follows:
a
result of the year's
busi
falling off from the Chicago* orthvrestern, one of
per cent on preferred
per cent.
stock,
amounting to
Lak
Shore
&
operating expenses.
Michigan Southern, one of 10 pe.* cent on guaranteed $753,378
stock, amount ng to
These amounted for the
And one ot 2 per cent on common
year to $25,601,853, a sum less
53,35$
Ibat for the previous
than
s*ock, amounting to
Michigan A<r Line Railway, one of P28
year by $1,083,250, or 4 6-100
989,330
per
cent
on
common
The average
per c nt.
stock,
amounting to....
expense, per mile of road
...'.
operated was $4,421. Mineral Range, one of 5 per cent in
The reduction in the
3,849
stock,
expenses of operation has been
amounting to....
11,640
going
on
as
steadily as the diminution in
Total
earnings, the managers of our
'.
roads clearly
$1,811,549
seeing that in no other way could
Comparative Summary in 1874,
the
under their care be
1675, 1876 and 1877.
property
kept
from actual
1874.
1875.
that the
and we find Total leneth of railroads
1876.
1877.
operating expenses per mile of bankruptcy;
and
Miles.
road averaged, for
Miles.
Miles.
branches
Miles.
...
,
1873,
$6,023; for 1874, $5,442; for 1875,
for 1876, $4,687, and
1877, as before stated, $4 421. $5,170;
A
expenses with earnings, for the time comparison of operating
since returns have been
made to this office, shows the
percentage
of operating expenses
to
earnings to have been, for 1873, 66‘69
for 1874, 6654;
percent;
for 1875, 71*28; for
1876; 66 07, and for 1877, 64 74
for
per cent.
ROADS NOT EARNING
EXPENSES.
While, taken collectively,
successful
our
rords
were
in their operations
during 1877,
number than ever before of
roads whose earr
th# expense of their
we
comparatively
find a larger
ings did
operation,as is shown by the
not
following
equal
table:
5,278
8,314
Tot. length of railr’ds in Mich.
Total length of double track..
Total length of
5,311
3,346
804
sidings
303
898
$
Capita! stock paid in
138,850,373
Capital ntock paid in per mile
910
$
141,100,267
of road
5,387
3,410
mile
54,453
54,621
3,455
308
808
1,145
$
1,147
%
y
142,013,233 145,527,661
26 713
27,016
27,875
Total funded debt
156,468,863 149,435/83 UO.594,090
Totul unfunded debt
8.573/.70
11,992,249
Total debt
13,95* 028
295,319,237 161,427 832 164,516 118
T. tal debt
per mile ot road...
30,128
3'.945
32.0 8
Total stock and debt
225,124,608 302,52^100 306,579.3 2
Total slot k and de* t
per mile.
56,862
57,992
fi ',9»3
Tot cost of roads &
equipm’t. 282,106,775 284,954,630
Total cost of roads and
287,122,838
equip¬
ment per
5,435
55,178
28,371
149,972,124
17
299,297
167,271,421
32,610
312,799,083
60,981
*92,696,850
57,062
THE CHRONICLE
24, 1878. |
August
Ib75.
1874.
Proport'n of coat for Michigan 151,68*1,077
Earnings per mile of road
8,17!)
Earn’gsabo^e o^erai’guxp'n’s 15,35V 40
Receipts iu «ddi»ion to earn’gs
Total receipts f>r the year ... 45,898,899
Operating expenses, interest
...—
Net earnings above operating
expens s, interest and rental
Av. rate on freight pr. ton pr.m.
GENERAL
18:6.
now
158,4'>3,713
7.22!)
11,6 9 5-9
‘J00.205
41,285,42 5
7,0 <4
13,69'', 116
241,7S9
40,6209
867,922
1,5^2,168
$0 01*20
$0 00*932
$0 01*032
INVESTMENT
answer to the cross bill and
they cannot
repudiate the admission.
Defendants produce a letter from J. Edgir Thomson and
Thomas L. Jewett, presidents of the Pennsylvania Central and
St Louis and Pennsylvania Railroad companies, respectively
addressed to Roosevelt and Fosdick, trustees of the first consoli¬
dated mortgage, and delivered together with the amended lease,
authorizing the notification of bondholders that the coupons on
presentation would be promptly paid by the lessee and guarantor.
This letter resulted in millions of stock being bought by Ameri¬
cans and Europeans, and to deprive these people of rent which
the lease says is payable to them would be to inflict a great
injury. It is further claimed that the bondholders represented in
this case by trustees, and to whom as receivers the lessor com¬
pany have assigned all their title by order of the Court, should
be permitted to enforce the lease by collecting the rents; and, on
the other hand, knew if it were true that the contract was broken,
$
154,512,665 155,11'.549
3,221,187
$0 01*37
admitted this fact in the
1877.
$
$
$
G.’-Su
13,944.0;7
^06,971
39,752,901
NEW'S.
Coal Trade in September.—The Board of
Cmtrol of the
coal-producing companies met in the office of the Delaware &
Hudson Canal Company, and a representative was present from
each of the compinies.
coal to be put upon the
was made :
Tue following' allotment of quotas ot
as the bill claims, recision should
innocent investors cannot be restored
market during the month of September
Company.
Lehigh Valley
197,50»
129,(50
Cenirdof New Jersey
Delawa-e <'ackawanna & Western
Delaware & Hudson
Company,
127/00
121.800
Pennsylvania Railroad
Pennsylvania C’oai Company
Total
1,001,250
000.accrued rent under the lease since October, 1874.
The
defense claims that the Pennsylvania Company has in three
par¬
ticulars,
be sent
as
to
under, violated the lease, and they ask that the
to decide
the
The three items
First—They claim that the lessee from the very beginning
allowed itself car mileage for the use of the cars of the Union and
National lines belonging to the Pennsylvania Railroad Company,
in which nearly all traffic west to east was done, although the
lessee by the contract had to provide all necessary equipment at
its
a
master
damage.
case
are:
these
appears to
have been under the auspices of Mr. John
A modified plan and agreement, dated July 25th, was issued
by the bondholders’ committee, Messrs. Corbin, Taintor and
Blossom, now claiming to represent more than nine-tenths of
the holders of first mortgage bonds on the main road, and
this Is approved by many of the largest bondholders, who
have signed it and subscribed for the preferred bonds.
The
circular of July 25,1578, was addressed to the holders of Dan¬
ville Urbana Bloomington & Pekin, and Indianapolis Bloomington
& Wet-tern first consolidated, and second mortgage bonds main
line, and contained the following:
Since issuing our circular of April 18th last your committee
have obtained from the court a modification of the decree of sale,
directing the road to be sold subject to such portion of the back
pay and supply claims against tue old company as shall be ulti¬
mately allowed by the court. An imm -diate sale and reorgani¬
zation of the road is now practicable, if the bondholders will
promptly enable the committee to provide for the preferred
liabilities by signing the enclosed ' Supplemental Agreement.’ As
ne«r as they can be approximated,
the preferred claims were oa
July 1st, 1878, as follows :
The
“out-put” authorized by the Board of Control for August
is 2,000,(i00 tons.
That for September is said to be the smallest
quantity of coal put upon the market in that month for many
years.
The Board of Control also appointed a committee, com¬
posed of Messrs. Dickson, of the Delaware & Hudson Canal Com¬
pany, and Hoyt, of the Pennsylvania Coal Company, to inquire
into the advisability of preparing schedules advancing the present
prices of coal about 30 per cent on Sept. 1. The Lehigh Valley
Company yesterday issued its schedule of prices for September.
Columbus Chicago & Indiana Central.—The New York
World correspondent at Newport, R. I., on the 16tb, sent, the fol¬
lowing : In the case of the Pittsburg Cincinnati & St. Louis
Railroad Company vs. Columbus Chicago & Indiana Central
Railroad Company, Senator Stanley Matthews closed his portion
of the argument for the plaintiff's yesterday, aud was followed by
Judge Hoadiey, of Cincinnati, for the defendants. The points of
the defense are new, and contrast strongly with plaintiffs’ case.
The following is a general summary of the deb nse:
The defendants regard the filing of the bill by plaintiffs as
simply a dehire to appear to advantage before the public, and
look upon themselves as the real plaintiffs, and ask a decree
against the Pittsburg Cincinnati & St. Louis Company lessee and
the Pennsylvania Railroad Company guarantor for about $2,500,-
because
quo.
C. Short, a director of the old corporation.
76/00
58,650
..
denied
noticed in the Chronicle of last week as a new organization
under the name of Indianapolis Bloomington & Western Railroad
286 2^0
....
be
to statu
Indianapolis Bloomington & Western.—The corporation
Tons.
Reading
199
“
Receiver’s certificates—New iron and steel rails
$64,000
Special....
80.000
Taxes
Taxes
unpaid,
“
.-
on
capital stock, 1873-74-75
on
tangible property,
part 1873 and part 1814..
”
“
“
1877..
Vouchers for
79,(100—173,000
95,- 52
29.476
25,911-151,040
supplies
P-iy rolls (Jane)
161,588
45,749
Rogers’ Lucomoiive Works
Western Car Corap -.ny (estimated)
Unsettled right of way (estimated)
In erest accrued on receiver’s certificates and not
cies (estimated)
.
25,000
25,000
due, and contingen¬
"...
Foreclosure expenses
82,953
Total
$76^220"
$
This amount is
S0,0"0
55,000
$551,179
v
Deduct cash assets
“
164,801
chargeable to both the Main Line and Exten¬
cost.
sion, subject to apportionment by the court.
Second—They claim that after the original contract was made
“To provide for this large preferred debt it will be necessary
the Pennsylvania Railroad Company leased at a fixed rent the to issue
preferred bonds, to be subscribed for by bondholders,
Pittsburg Fort Wayne & Chicago Railroad, a competing line, and and to authorize them by a modification of the plan and
subsequently, in violation of the contract, took all the Chicago agreement of December 20th, 1875. To avoid further delay,
traffic from the C. C. & I. C. Company, on which it cost them 36 bondholders are
requested immediately to sign ♦the enclosed
per cent of the gioss earnings, and transferred it to the Fort ‘Supplemental Agreement,’ which has
already received the
Wayne line, whose rent was not affected by the amount of traffic. approval of the holders of a large proportion of each class of
Third—That the reason given by Col. Thos. A. Scott for this
bonds, and to mail the same to the Central Trust Company. The
diversion of traffic was that the C. C. & I. C. Railroad was not in
^referred bonds (at the rate of $4,000 to $5,000 per mile), will be
good condition, and the Fort Wayne line was better able to carry an undoubted security. We earnestly recommend that each
the traffic.
This claim, which is believed to be true, is a viola¬
bondholder subscribe (udou the blank herewith furnished), for at
tion of the original contract, which stipulates that the lessee
east bis proportion, which is $100 for each $1,000 bond held
should pat and maintain the leased railroad in first-class order.
by
him.
On the otuer baud, the defense claim that there is no breach in
“The equipment owned by the company being entirely inade¬
the contract caused by them.
By ameudments to the lease they quate, the receiver, two years siuce, under the orders of the
agreed to have their indebtedness represented by a first mortgage court and with the
approval of your committee, purchased 500
of $15,000,000, by $821,000 Columbus & Indianapolis second new box
cars, (to replace cars leased from the Western Car
mortgage, and $10,000,000 convertible income bonds, and the Company,) upon monthly payments less in amount than the
exchange of securities was the on y means by which any one rentals paid for other cars. The amount
remaining unpaid July
expected to acomplisli this. These three classes of debt were 1st, 1878, was $160,183, payable in monthly instalments of $4,215,
to take the
own
place of seventeen mortgages given by various con
etituent companies of the C. C. & I. C. Company.
They claim no
time was fixed when this should be done; that the rent was pay¬
able not merely to the holders of coupons of consolidated mort¬
and income bonds, but to the bonds for which they were
exchangeable, and that the idea of complainants that the per¬
gages
formance of this condition was precedent to the
payment of rent
is absurd, and, further, that when the bill w. s filed the exchanges
were going on and the contract had not been broken
by them.
As to defenses made to their cross-bill, the defendants s
ly that
the lease was authorized by the laws of Ohio, Indiana and Illinois,
and is not ultra vires, and if it
were plaintiffs are debarred from
making claim, because having enjoyed benefits and had
possession, they are estopped from repudiating the burdens, and,
again, that the terms of contracts should be binding, as far as
authoriz 'd by law, and it further provided that the parties should
seek legislation to remove doubt of authority and execute further
assurance, and it is not now claimed there is any doubt of author¬
$50,580 per annum. This demand upon the current earnings,
together with the interest upon the preferred bonds, will render
it wholly unsafe lor the new company to undertake tor the first
few years to pay the rates of interest provided for in the old plan
or
and agreement.
The committee have recommended a temporary
reduction in the rate of interest, in preference to a reduction of
the principal of the bonds.”
The plan proposed by Mr. Short and his associates provides for
the payment of the preferred claims by the sale of some of the
first morgtgage bonds to be issued; but it is not to be supposed
that holders of receiver’s certificates would exchange them for
such bonds at par. The issues are to be as follows :
A
A
A
A
new
new
first mortgage of
second mortgage
$3,500,000
1,0 0,000
3,00j,(X)0
.
of
mortgage of (income)
ut-w
thira
Lew
stack of
....
1.500.0C0
Total
new issue
$9,ooO,uOQ
The respective interests of holders of Dauville Urbana Bloom*
ington & Pekin Railroad bonds and Indianapolis Bloomington
ity to execute the lease except as to the Indiaua part of the road.
Regarding the question defense claims that plaintiffs have & Western (maia line) first mortgage bonds, in the new bonds and
enjoyed pocsession of the demised premises, that the latter stock, is as follows: In new first mortgage bonds, D. U. B, & IV
200
m|
THE CHRONICLE.
'
—
—i. ■ —«— m ■■ — »»
■
■■
■
■
—
|Vol. XXVH.
■
bondholders, $2,000,000; I. B. & W., $1,500,000; in new second at the approaching sale. It is recommended that steps be taken
mortgage bonds, D. U. B. & P. bondholders, $571,430; I. B. & W., immediately to appoint agents and trustees for the
security¬
$428,570; in new ihird mortgage bonds, D. U. B. & P. bondhold¬ holders, with power to levy assessments sufficient to cover the
ers, for overdue coupons, $600,000; I. B. & W. bondholders, for expenses of the proceedings of foreclosure, and to raise a fund
do., $900,000; I. B. & W. bondholders, for balance principal, for the purchase of the road at the sale. It is suggested that the
$1,500,000. Out of the new first mortgage bonds there is to be trustees should be authorized to bid, on behalf of the securitytaken before distribution among the bondholders $700,000 in hollers/for the railroad
up to an amount that will prevent the
bonds, to be used in payment of the preferred claims, leaving for property from being sacrificed, or falling into the hands o f
distribution to the bondholders, as above provided, the remainder persons other than the bond aud stockholders.
of the first mor gage bonds, and all the second and third mort¬
N. Y. Lake Erie & Western.—Receiver Jewett's report of hi s
gage bonds and the stock.
Under this plan, each Danville bond administration of the Erie Railway
Company for the month of
of $1 000 would draw of the new securities, substantially as
May has been filed in the County Clerk’s office. Its footings are
follows:
New first mortgage
as
follows
:
bonds. 6 per cent int., $800; second do. do., Balance cn hand from previous report...
$78,06
$280; third do. do., $300; stock, $128; total $1,808. Each I. B. Receipts from all sources in May
2,212,747
& W. $1,000 bond would draw as follow*: New first, 6 per cent Disourserainta during May
1,866,725
int., $400; second do., $140; third, $800; stock, $214; total
Balance
'
$346,021
Notes and certificates of indebtedness issued by receiver
$1,554.
up to and
including
;
The plan provides that out of the $1,500,000 stock, $600,000
May
13,342,033
Same paid and canceled to May 31
11,9.0,710
may be allotted to the holders of the I. B. & W. original second
Same
mortgage bonds, on the contribution o an agreed amount on each
outstanding and unpaid
$1,371,372
bond toward expenses of foreclosure and reorganization. It a so
Northern Pacific.—The following is given as an official state¬
authorizes tbe board of directors to adjust and settle all preferred
ment: Earnings, Sept. 1, 1877, to June
30, 1878, (ten months),
claims against the property on the best terms attainable, using
$909,235; expenses same time, $444,008; net receipts, $465,227.
the $700,000 new first mortgage bonds for that purpose.
Tbe For the same period last year the earnings were $671,112; the
second mortgage of $1,000,000 is made to reimburse the bond¬
expenses $405,792, and the net receipts $265,320; increase of net
holders for the $700,000 of tbe first mortgage bonds taken out of
earnings, $199,906.
the $3,500,000 to pay the preferred claims.
Ogdehsbarg & Lake Champlain.—As to the discussion on the
—Neither of the above plans interferes with that of Mr. Stone,
finances of this company, the Boston Advertiser has the follow¬
who represents the extension reorganization and who holds a
sepa¬ ing statement
in a communication from a party interested :
rate decree ot sale.
Kansas Pacific.—The committee appointed by the bondholders
of the Denver Extension Railroad have decided to call a general
meeting of the bondholders for Sept. 30. Tue committee claims
to have control of a majority of the Denver Extension bonds,
over $1,700,000 worth
being on deposit with the United States Trust
Company. About $600,000 worth are reported to be in the hands
of Messrs. Rutten & Bonn, of Exchange place, to be counted and
registered previous to being deposited; and a si ill further number,
to the value of $800,000, are said to be ready for deposit.
Leavenworth Lawrence & Galveston.—This railroad was
sold August 9. at L-twrence, Kan., including rolling stock, lands,
derots, &c, to Charles Merriam and associates, representing its
bondholders, for $760,000. The road extends from Lawrence,
Knn., to Coffeyville, Ind. Ter., 144 miles. The capital stock is
$5,000,000, first mortgage, $5,000,000, and unpaid coupous for
eight
years
$4 000,000—total $14,000,000.
Louisiana State Bonds.—The bond
Orleans Stock
committee
of the New
Exchange have issued the following circular:
The gross earnings for the first four months of the current fiscal
year,
July being in part estimated, are not likely to exceed.
,
Gross earnit gs, same period 1»77
Loss in gross
earnings
The operating expenses for four months, estimating July, the rate
found correct for the first three months, were
1
For the same period in 1877
,
Increase of expenses
Gro-s earnings, four months, 1818
Operaiiug expenses, four months, 1878
~
$170,000
19S.317
$28,317
$145,326
115,024
$30,302
170,000
145,326
Net earnings
The interest charges these four months will at Jeist
f
$ '4.673
$24,666
equal
Pennsylvania Railroad*—The following statement of the
this company east of Pittsburg and Erie,
for July, 1878, as compared with the same month in
1877, shows :
business of all lines of
An increase in gro?s earnings
An increase in expenses of
of
$156,355
84,694
.
An increase in net
The
seven
earnings of
months of 1878, as compared with same
$571,701
period in
New Orleans. August 7, 1878.
1877. show:
ns fetock
Exchange:
An increase in gross earnings of
;
- $771,937
Gentlemen
Your bond committee, to whom wa* referred <ommunicaA decrease in expenses of
tions c mplaining of various unofficial aud partial statements
'416,243
concerning the
state funded debt aud interest account, beg leave to report as follows, made,
An increase in net earnings of
$1,138,180
up fr< m official figur e obtained from the state auditor, state treasurer and
the auditor’s annual reports for the respective years.
All lines west of
and
Erie
for
the
seven months of
As will be seen from the tabulated statement below, the funded debt to
1878 show a deficiency iu meeting all liabilities of $700,333,
August 5th amounts to £11,»*4,'.00, $1,806 800 o! v hich, funded during
a
Governor Kellogg’s administration, has alt matured coupons paid; £-*,318,70 •,
gain over the same period in 18 7 of $234,942.
funded to date under Governor Nicholls’ administration, has all coupons paid
It will be remembered that in July last year the riots at Pitts¬
except three, namely: No. 1, due July 1, 1874, No. 3 due July 1,1875 and No. 5
burg and other places took place, and business all along the line
due July 1, 1876, am muting to $ 43,403, which were deferied by agreement
was obstructed.
with the h Jders of the old bonds when fund d ; these coupons tp be paid as
the delinquent taxes were Cu lected f<>r the respective years.
& St. Louis.—The
is an approxi¬
In additi n to this, the fisc 1 agent is apparently under advances of >267,032
mate statement of results in the operations of this
for coupons paid, in anticipation of collection of the five-and-a-half-mills
for
the seven months
interest tax ; making a total due on interest account £510,495.
1878 :
To liquidate this amount the state ha*- in course of collection, taxes to
Gross earnings (including interest received on
go to
equipment hired),
the credit of interest fund, apparently $1,423,703.
And also due by the
January 1 to August 1, 1873
$1,731,936
Consolidated Pouters Association Bank for £151,260 bonds funded and
Expenses (including interest on car-trust cars and rent of Monon$47 ,646 interest paid f >r its accouut, to liquidate which the assets of the bank,
gahela extension), for same period
1,160,182
estimat- d at about £988,175. are liable to the state.
Asset* <f Planners’ Bank, per receiver’s statement, September 6, 1877:
Net earnings
$574,804
Available assets, £153,175; city mortgage*. $235 00/; country mortgages,
The interest on the bonds for these seven months is
390,710
$300,000; total. $988,175; the state being subject to be called on to issue about
To lb* President and members of the New Oile
Pittsburg
being
Pittsburg Ginn.
following
railway
ending July 31,
—
$150,000
more
of consols against tlmse ai-s ts.
Respectfully submitted,
E C. Fkingur, Acting Chairman,
Heem. Rokul,
W. R Lyman, ex-officio. '
Surplus
Saratoga Conference.-
$181.093
-When the
conference
was
called
to
order on Wednesday, Mr. John King, the chairman of tli9 com¬
mittee appointed to consider the question of passenger commis¬
sions ana outside offices, reported as follows:
Missouri Slate Finances.—A press dispatch from Jefferson
City states that there is reliable authority for saying that JState
Resolved, That the practice of paying commissions on sale of railroad
Treasurer Gates hypothecated with the National Bank of Com¬
tickets is demoralizing to emplo ees an l useless to the public. It entails
merce, New' York, $300,000 of old Atlantic & Pacific Railroad enormous loss to companies and should be discontinued.
bonds as part security for the advance of $220,000 made
Reso ved, That the best interests of the company will be served by the aboli¬
by that tion
of the present system of paying such commissions.
bank to pay the July interest on State bonds.
These bonds, it is
Resolved,. That it is further recommended that all outside agencies for the
asserted, have been paid, but never canceled. The dispatch also sale oi tickets be abolished.
says that tl.e amount of coupons of the State now held by the
Resolved, That a circul r embodying the above recommendations ho sent to
all e- nipanies, asking for their assent, containing a clause to the effect that
Bank of Commerce is about $480,000.
it will not be bindi g on them uniejss, and until, all competitors have agreed
New York West Shore & Chicago.—This railroad has been tfcereio, and asking companies to name such competitors.
in the bands of a receiver for the la-t three years, and the bond¬
This report was unanimous, was signed by all the members of
holders have obtained a decree, by w'hich the road is to be sold the committee, snd was adopted without any dissent by the con¬
under foreclosure on September 27.
The mortgage under which ference.
the road is to be sold is dated April 10,1871, and was made to the
From the World dispatch of Wednesday evening the following
Farmers' Loan & Trust Company as trustees. The ifonds amount is condensed:
in all to $15,600,000, out of which, however, only $5,050,000
Mr. Jewett addressed the conference on the question of easthave been issued, and are mainly held in this country. Of that bound freight, lie thought some plan should be devised for
amount, holders of the bonds have proved their ownership before equalizing the east-bound freight between the several roads, and
Commissioner Shields, the referee, to the extent of $4,348 000, in rates established and maintained which would secure a reasona¬
order to share in the benefi s of the foreclosure sale.
ble return to the railroads for the service performed, instead of a
The road
was intended to run from Iloboken to
loss,
as had been too often the case, in order that the roads could
Buffalo, via Catskill and
Syracuse, but. only two and five tenth miles were laid, out of a in the future make some return to the owners of their securities.
total length of 424 miles, and the sale is therefore
practically for At the conclusion of Mr. Jewett's speech, Mr. Cassatt moved that the
the purp le of securing the franchise and
getting rid of old liens. question of east-bound freight be taken up and that the Execu¬
A circular has just been i-sued
by the Continental Railway& tive committee of the Western roads and the Executive com¬
Trust Company, of this city, which is the
party directly inter¬ mittee oi the trunk lines he directed to consider and report any
ested in this^property, inviting the stock and bondholders of the arrangement which,in their opinion, would meet the
difficulty, at
company to organize, for the purpose of protecting their interests the meeting to-morrow.
1
.
T
August
THE CHRONICLE.
24, 1878.]
201
The conference adjourned until twelve o'clock Thursday, and the
committees met Wednesday afternoon to consider the questions
referred to them and prepare their reports.
The committee on
passenger commissions, which reported yesterday morning, was
continued and instructed to prepare the circular for the roads to
sign, those roads represented here to sign at once, and those roads
not represented to sign when the circulars are sent to them.
The executive committee of the Western roads, to which was
referred the differences in regard to the St. Louis live-stock busi¬
ness, met
yesterday afternoon, and, after a discussion of the points
difference, referred it to roads leading out of St. Louis for
adjustment between themselves, if pos-ible.
of
There
was
still another side conference held
Wednesday even¬
ing, between the live-stock representatives of the New York Cen¬
tral and the principal officers of the Vermont
Central, Grand
Trunk and Boston & Albany lines, on differe: ces between these
lines
on
that class
of
business.
.
A final conclusion
was
not
reached, but the obstacles which have heretofore existed to an
adjustment were removed, and a settlement is believed to be
assured to-day.
At the general convention
Wednesday morning, a letter was
received from Sidney Dillon, President of the Uuion Pacific
road,
COMMERCIAL EPITOME.
Friday
Night, August 23, 1878.
The state of trade in The
past, week has not been materially
different from that mentioned in our last for the
previous week.
The yellow fever epidemic in the
has become
tine
so
measures
serious
that
Valley of the lower Mississippi
as
to excite
are
adopted
general alarm, and the quaran¬
prove great obstacles to the
transportation of merchandise. Over a considerable section of
South, and at this juncture an important one, business is
almost wholly suspended, especially that which is incident to the
the
opening crop year. New York, of course, feels /this state of
affairs, but it promises greater activity in trade when the public
health is restored.
The
depression in pork, noted in our last, continued until Tues¬
difficulties with the steamboat lines for day, when mess sold at $10 15 on the spot and for October, con¬
California freights, suggesting a plan
whereby a line of policy tracts for the latier delivery being exceptionally large, since
could be adopted which would secure a
large portion of that class which there has been a recovery
to $10 35. Lard also further
of freights for railroads and the
running of freight trains from
declined,
prime
Western
Chicago to San Francisco in seven days, including transfer at
selling at $7 30, spot and September,
Omaha. The letter was accompanied by a statement from Mr. and $7 374 for October, but, as in porx, there is some
recovery,
Dolan, the General Freight Agent of the Onion Pacific, who closing to-day at $7 45(3)7 474-,
spot
and
October,
and
$7
37|@7
40
states that in correspondence with the Central Pacific he has
for November and December. Bacon and cat meats have been
obtained facts which satisfy him that the time between San
Francisco and Chicago can be made still less than Mr. Dillon dull and drooping, but are not decidedly lower. Beef and beef
states, and that there are other advantages to the roads which Mr. hams are quiet.
Tallow has been active at 6 15-16^7 l-16c.
Dillon has not named.
for prime to choice.
Butter has ruled about steady, but the
A conference of two hours was held
Wednesday evening advance in cheese to 84@8fc. for
prime to choice State factories
between the Vanderbilt roads and the Erie, both Mr. Jewett and
checked the demand.
Mr. Vanderbilt participating.
The business between the Central
and Erie and the use of the Western Vanderbilt roads for West¬
Kentucky tobacco has been active, and at the close prices are
ern connections of the Erie were discussed.
This meeting was in
stronger. Sales of the week 400 hlids. for consumption and 1,000
every way amicab e, and before its conclusion Mr. Jewett
for export; total, 1,400 hhds.
Lugs are quoted at 3(3'5£c., and
expressed himself satisfied with the arrangement for Western
leaf
connections and f cilities offered and furnished for the business
6@14c.
The movement in seed leaf has also been quite
passing over the Erie to and from the Western Vanderbilt roads. active, and sales of the week are 1,793 cases, as follows : 600
—From the World despatch of
Thursday night we have the cases 1877 crop, Pennsylvania, 12 to 164c.; 500 do., 1876
crop,
following: J. M. McCullough was taken sick last night, and the
Pennsylvania,
to 16c.; 509 do., 1877 crop, New England, 104 to
10
committee on east-bound
freights—suggested by the speech of Mr.
Jewett—did not meet; consequently, no
report was made to-day. 14c.; 144 do., 1877 crop, Wisconsin, 7£ to 8Jc.; and 40 do., 1877
Mr. Devereux announced that the committee on east-bound
crop, Ohio, 8^e.
There has also been a better market for
freights was not ready to report, but hoped to be ready Fri¬
Spanish tobacco, and the sales are 750 bales Havana at 80c.@
day. The presidents of the trunk lines were added to this com
mittee and requested to meet with it.
The question of an $1 15.
advance in fourth-class freights from Chicago to New York to
There has been a good, steady movement in Brazil
grades of
35 cents is also to be considered
Friday, and will probably be coffee, so much so that supplies are now greatly reduced and
decided before the pooling on east-bound
freights is arranged.
holders inclined to much firmness; fair to prime cargoes of Rio
The general railroad convention re-assembled at noon
Thursday.
quoted at 164@17|c., gold; stock here in first hands, 44,956 bags.
John King, jr., chairman of the committee on
passenger commis
sions—the committee which reported Wednesday—announced that Mild grades show a geueral advance, with sales of late
quite lib¬
a circular had
been printed embodying the recommendation
eral, including 13,868 bags Maracaibo, within our range. Foreign
which the convention adopted relative to the abolition of outside
molasses, though rather quiet, remains about steady; 50-test
agencies and the payment of commissions on tickets.
Cuba refining quoted at 30c.; New Orleans in fair
The circular was tigned by all the Western roads and
jobbing Bale at
nearly
all the New England roads.
In accordance with this agreement 25@50c., latter for choice. Rice in fair sale at lower prices.
the roads leading out of St. Louis ordered the abolition of outside
Refined sugars have latterly been more active and steadier at
9£c.
offices and commissions on their lines to day.
They also restored for standard crushed. Raw
grades at the close show more firm¬
the passenger fares from St. Louis to New York to
$24. By the
cutting process, the passenger rates from St. Louis to New York ness, with an improved movement; fair to good refining Cuba*
7 l-16@7±c.
had been reduced from $24 to $20, and
$2 commissions on the
Ilhds.
Boxes.
Melado.
Bags.
latter sums allowed.
The rate from Chicago to New York was Stock Aug. 1,137S
ISO.484
85,3)2
13,"CO
2,097
the same, giving great advantage to
Receipts aiuce....
2,499
43,232
27,221
565
people going to Chicago Sales
siuce
from St. Louis who would buy tickets to New York
33,028
1,204
..«
25, *09
by the way Stock Aug. 21. 1878
05.596
14,295
1^,036
2,682
of Chicago and resell them there. .The
change cuts off this Stock Aug. 22. 1877
..125,3^5
..135>5
25,810
326.8t6
2,4'5
addition of $4 on each ticket from St. Louis to New
53,254
34,6S7
York, and, by Stock Aug. 24, 1816
78,394
2,189
cutting off the commission and abolishing the scalpers to the
There has been an active movement in ocean freight room
roads, saves $0 more on each passenger. The passenger rates adapted to the wants of the grain
trade. Petroleum tonnage has
from Chicago to New York are
unchanged. The same roads been more quiet. Rates have ruled uniformly firm until the
decided to cut off free passes to the live-stock dealers.
close, when the general demands fell off and some irregularity
The executive committee on the Southwest
roads, which has was noticeable. Engagements and charters include: Grain to
been considering the St. Louis live-stock
business, reported in Liverpool, by steam, 74d., though 84. was the rate until today;
favor of arbitration by three commissioners selected from men
cotton, ^d.; cheese, 45s.; grain to London, by steam, 8d.; do., by
outside of the roads in confi ct on the live-stock traffic.
This sail,7id.; flour, 2s. 44d.; grain to Hull, by steam, 9d.; do. to
report was adopted. It contained no plan for selecting the arbi¬ Glasgow, by steam, 8d.; do. to St. Nazaire, 6s. 6d.
per qr.; do. to
trators, and the committee was continued with a view to select Penartli roads, 5s. 6d.@5s. 94. per
qr.; grain charters close very
the three commissioners or report a
plan for their selection, The firm, after the active movement yesterday to French ports,
Committee on the St. Louis live-stock traffic selected A. J.
including Havfe at 6s.@6s. 3d. and Bordeaux at 6s. 6d.; refined
Cassatt, of-the Pennsylvania, and John B. Dutcher, of the New petroleum to London, 4*. 64.; do. to Bremen,
4s,
York Central; but both declined to take the
There have been moderate transactions in the market for naval
responsibility. Sub¬
sequently the committee selected M. E. Iugalls, President of the stores, and towards the close more steadiness is observable; at
Indianapolis Cincinnati & Lafayette Hoad, and John B. Dutcher, least, the pressure to sell, so noticeable of late, was absent,.
of the New York Central, again.
If they cannot agree they are Common to good strained ro.-in quoted at $1 374@1 424, aad
to select a third man, and the
majority then will decide under the spirits turpentine at 2?4@27ic. The market for petroleum haa
resolution adopted by the general convention.
The decision of latterly been very quiet and more or less easy at 6c. for crude, in
these arbitrators is to be binding
upon the roads affected for six bulk, and lOfc. for refined, in bbls.
There has been less activity
months. Should the decision be unsatisfactory to either
road, iu domestic wools, in fine grades especially, which are now
that road can fall back upon the line whose
representative aided abundant and more or less weak.
Medium qualities are
in the decision.
This is the reason why the representatives of about
steady,
and
California
wools
are scarce at the moment.
the Pennsylvania and New York Central declined to serve.
Mr. The market for pig iron, whether of American or Scotch
Dutcher is holding under consideration the
question of accepting description, is very quiet, and prices weak and nominal. Steel
the second appointment.
rails are firm, the manufacturing companies having large
A resolution has been
adopted adding representatives from the contracts to deliver during *he balance of this year ; quoted at
Great Western, Canada Southern and Grand Trunk Railroads to the
mills at $44.
Lead is very firm at 34c. for comrnou domestic.
the western executive
committee, and they are to take part in the Ingot copper haa remained at 16c., with paly moderate 9alee*
.deliberations of that committee.
Whiskey has advanced to $1 114. *
in reference
to
the
..
.
202
THE
CHRONICLE
COTTON.
[Vol. xxviu
These mail returns do not
Friday, P. M., August 23, 1878.
Tue Movement op tiie Crop, as indicated
by our telegrams
from the South to-night, is given below.
For the week ending
this evening ^Aug 23), the total
receipts have reached 5,699
bales, against 4,657 bales last weel^, 3,069 bales the previous
week, and 3,671 bales three weeks since, making the total
receipts since the 1st of September, 1877, 4,273,515 bales, against
3,965,305 bales for the same period of 1876-7, showing an increase
since Sept. 1, 1877, of 308,210 bales.
The details of the receipts
for this week (as per
telegraph) and for the corresponding weeks
of five previous years are as follows:
correspond precisely with the totaT
telegraphic figures, because in preparing them it is always
necessary to incorporate every correction made at the ports.
of the
The market for cotton
the spot has ruled firmer.
on
The de¬
mand for home
New Orleans
499
766
1,367
224
587
Mobile
276
consumption has partially revived, and on Satur¬
day quotations recovered l-16c., to 12c. for middling uplands.
Receipts continued small and stocks were further reduced. To¬
day, the market was steady for the better grades, and low
middling and grades below were advanced 1 -16c. The speculation
in futures has not been active, but in the
aggregate there is some
further advance in prices.
The ravages of the yellow fever in the
Valley of the Mississippi River have proved a check upon the
movement of cotton from that section.
Receipts at Galveston,
166
325
113
214
Charleston
Savannah and Charleston show
412
111
191
99
4G8
89
81
50
1,181
2,035
but at other important points continue
there is less confidence felt in liberal
200
893
164
865
402
1,056
2,411
1,635
Receipts this w’k
Port
1878.
at
Royal, Ac
Savannah
Galveston
iDdianola, Ac
1877.
76
Tennessee, Ac
1876.
....
46S
197
Florida.
1875.
1874.
....
....
1,473
16
65
354
595
27
o
3
5
2
Norm Carolina.'.
206
593
98
73
31
Norfolk
321
88
1,695
151
City Point, Ac
1,441
109
38
5,699
2,644
...
Total since
42
....
7,151
3,610
:
Total this week
....
5,945
Sept. 1. 4,273,515 3,965,305 4,107,135 3,482,829 3,813,151
decided increase
a
last year,
on
quite small, and hence
early supplies. There was
some abatement of excessive rains in
Georgia, Alabama and
Southern Texas, but showers have been
frequent, and many
reports of the spread of caterpillars have been communicated to
the Cotton Exchange by private
telegrams. 'I he later months
have, therefore, shared slightly in the upward course of values.
Yesterday, the very small receipts at all ports, except Galveston,
and the reports of the spread of yellow
fever, caused an advance,
which was of course most decided in the
early months, and which
absorbed the most of the speculative interest.
To-day, there
was some weakness under the
comparative free receipts at the
interior towns of the South, which the statistics of the week
indicated.
The exports
for the week ending this evening reach a total of
3,238 bales, of which 3,238 were to Great Britain, none to
France, and none to rest of the Continent, while the stocks as
made up this evening are now 49,3 *'8 bales.
Below are the
stocks and exports for the week, and also for the
corresponding
week of last
season:
Week
EXPORTED TO—
ending
Aug. 23.
-Great
N. Orl’ns
Conti¬
France.
Britain.
Total
this
Week.
nent.
373
....
CharPt’n
1878.
....
....
868
....
1,308
....
348
....
!
Galv’t’n-
....
....
....
....
....
....
.
N. York.
-
2,772
Norfolk-
Other*
2,772
....
....
93
..
3,279
....
93
....
23,419
3,423
2,200
1,509
685
....
....
Savan’h.
1877.
delivery for the week are 186,500
free on board. For immediate delivery the
total sales foot up this week 4,374 bales,
including 70 for
export, 4 294 for consumption and 10 for speculation.
Of
the above,
bales were to arrive. The following tables show
the official quotations and sales for each day of the past week:
179
1,039
2,701
34,272
2 772
70,612
225
1.117
9,000
23,000
—
UPLANDS.
Saturday, Aug.17,
to Friday, Aug.23.
Ordinary
373
Mobile..
STOCK.
Same
Week
1877.
The total sales for forward
bales, including
$ a. 104
3,238
....
3,238
...
4,320
49,373 128,052
$ a. 104*
105q
11*3
HV
Ordinary
Strict Ordinary
Good Ordinary
Strict Good Ord...
Low Middling
Strict Low Mid
..
Tot.sinee
Sept. 1. 2150.305 497,743'681,924 3329,972 3035,581
The exports tbi6 weefc uader the head of *•
other
more, 93 baleg to Liverpool.
ports” include, lrotu Balti¬
In addition to above
exports, our telegrams to-night also give
us the
following amounts of cotton on shipboard, not cleared, at
the ports named.
We add also similar figures for New York,
which are prepared for our special use
by Messrs. Carey, Yale &
Eambert. 00 Beaver street:
On
Auc. 23, at—
Liver¬
pool.
Shipboard, not cleared—for
France.
Other 1 Coast¬
Foreign i wise..
Leaving
Stock.
Total.
12
Middling
Good Middling . . 12 V
Strict Good Mid... 12%
13
Middling Fair
Fair
13-58
Th.
$ a. 10*4
Ordinary
Strict Ordinary... 10-58
Good Ordinary
11 %
11%
10*4
1058
11%
HV
11~16 11716
1178
1178
1178
121s
1218
12
12
12
1214
124
105s
Low Middling
Strict Low Mid....
n78
None.
None.
None.
None.
Mobile...
None.
None.
None.
None.
None.
Bavannah
None.
None.
None.
600
600
Galveston
None.
None.
None.
None.
None.
New York
1,023
None.
None.
None.
*1,134
2,701
33,138
Fair
1,023
None.
None.
600
1,734
33,071
Good Ordinary...
Strict Good Ordinary—
l/ow Middling
Total
1,108
685
,
439
*
Included in this amount there are 111 bales at Presses l'or
foreign
ports, tue destination of which we cannot learn.
From the
foregoing statement it will be seen that, compared
corresponding week of last season, there is a decrease
12
Middling
Good Middling.... 12316
Strict Good Mid.
this week of 1,0*8 bales, while the stocks to-night
are 78,674 bales leu* than
they were at this time a year ago. The
following is our usual table showing the movement of cotton at
*11 the ports from Sept. 1 to
Aug 16, the latest mail dates:
RECEIPTS SINCE
fcfcPJ
1877.
.
EXPORTED SINCE SEPT.
1 3 58
12310
13
12 hj
13
12 hi
13
13-58
1330
13-50
l.
1876.
Great |
Britain. !
j Other
„
frauce-Foreign
Stock.
Total.
104
Jf.Orlns 1371,281 1180,673
Mobile. 413,415 357,573
Char’n* 459,844 473,082
Bav'h.. 599.570 476,993
G-alv.*
447,970 503,827
N. York 144.076 121,201
.
N. Car.
14,320
144,522
NorFk*
509,686
163,132
This yr. 4267,816
821,481 325,406 305,070 1451,957
106,381 i 26,146 31,566 164,093
131,935 ; 70,355 103,584 305,874
176,247 36,351 138,718 351.346
186,172 26,971 11,291 224,434
336,217
9,659 49,698 395,574
2,403
669
426
524
666
41,331
20,383
129.519
552,802
150,610
....
3962.661
35,007
156,687
196,940
1,786
1,075
19,890
2,929
19,148
2147,067 497,743 681,924
56,677
58
160,691
216,088
500
|3326,734
9,500
-
56,077
2133,305 459,9 In 438.03 '> *3031.255 136 910
Onuer the head of C%irUxton is iuUuded Port
.toyd, <&c.: uade the head oi
<J<jUctnioa lb included JLndlanola, &c.; under the head of
Norfolk, 1* Included C’liy
Fvlat, &c.
104
10-50
n%
10%
11%
12
Mon.
lOhi
lOhi
10%
10*2
1078
1078
1078
1130
1O70
1130
1130
1130
12i0
124
12V 12716
12 4
124
134
1378
1314
1378
104
1050
1118
12
10%
lOhi
1070
1130
107b
1138
12
123m 123]6
12%
13
12 hi
13
1358
1350
Frl.
124
124
127,0
127,0
124
134
1378
124
134
1378
101-2
10%
107b
1O70
11 %
113s
ll^io
124
134
124
134
1350
137s ' 1378
137q
Frl.
Tit.
Frl.
Th.
1016m 1078
109,0
1015,6
11716
1178
12j8
124
1218
124
12%
124
lOhi
n;V 113s 11716 1138
11 hi110l6 114 1111,6 114
L134
ll1B16 12
1115,0 12
13-50
13-50
12
12 hi
13
1218
124
127,0 127,0 127,0 127lfi
124
134
1370
124
134
124
134
1378
137e
Mon Tiles Wed
'
Middling
Frl*
10V
13-58
***'""*
.
10 hi
123,0
a.
124
134
1370
1078
13
121,2
124
ioii16
11 78
12
12 V
12 hi
13
12
12 V
124
127,0 127,0 127m
124
134
lO-5j0
UV
124
12 hi
13
Th.
105,6 10*4
117S
124
123m 127,0
|10“16 1050
11V uhi
10*4
1034
1114
1158
104
104
114
1 1 58
104
10'4
114
115*0
104
104
114
1158
12 34
134
137*
Th.
104
104
114
1158
Frl.
105,«
ii->i0
lllfjc
MARKET AND SALES.
'
SALEH OF SPOT AND TRANSIT.
SPOT MARKET
CLOSED.
Sat.
.
Con-. Spec- Tran¬
port. sump
Quiet, higher....
Quiet
.
Ex¬
Tiles. tjuiet
W<±d
Steady
Tliurs Steady
Fri.
Quiet, rev. quot.
....
....
.
70
.
*
12310 12-V,
12%
STA'INED.
Mon
i*TO—
12%
.
Middling Fair
with the
in the exports
JL<astyr.
104
1050
11%
TEXAS.
Sat.
mV IHV HI116 11IV
Hll16 ll^ie ll“lft 1115m 1115i0 1 lls>16 1115lg
'ii hi
1UV114
Strict Good Ord... 11V
None.
Other..
Mon
11716 11716 11716 111116 lUV Hu16 lliiic
iml6 lUhe llllic IUI16 111510 1U5,0 1UV 1115-j^.
1 1 78
1178
1178
1210
1178
12%
12i8
124
New Orleans......
Florida
Sat.
Tuew Wed Tue* Wed Tues Wed Tu«H Wed
week..
PORTS.
Mon
»at.
104
Strict Ordinary... 1058
Good Ordinary.
ll^
Strict Good Ord... 11716
Low Middling
lmie
Strict Low Mid.... 1178
12
Middling
Good Middling.... 12-V,
Strict Good Mid... 12%
13
Middling Fair
Fair.
1350
Tot. this
•
Moil
Sat.
..
ALABAMA. N. ORLE’NS
70 L
793
399
958
735
708
70! 4,291
Total
ul’t’11
sit.
10
Total.
—
<•
....
....
•
*
....
—
....
*
*
10
....
FUTURES.
711
703
Deliv¬
eries.
Sales.
1C pj-tc co coc
500
399
tc
tc
700
700
958
38,700
48,300
25,900
400
4,374 186,500
3,000
805
708
500
200
For forward
delivery, the sales have reached during the week
186,500 bales (all middling or on the basis of middling), and the
following is a statement of the (Bales and prices:
For August.
Bales.
eta
•
0<*L.
600
000..
11-68
1161
11-90
.
500.. .*
500..
200.
1,000..
400..
1,900..
500.
600..
5,200
—
13,200
.
.
..
1P91
11-92
11 93
11-95
11-90
11 97
..11-98
,.;J 99
12 00
For September.
1 t
Pa'es
300
...n-59
1.900.
11-00
...1101
3,900
ll-Oi
8,700
2.2 0
11-03
...1104
2,000
...1105
8,300
11-00
2,200
11-07
9,700
11 06
3,000
Bales.
Ct-.
11-73
5,700.
2,100
Hales.
0,400...
7,100...
5,000.
-
..
09,600
..
..
..
...
...
8,300.
9,7<K>
0,000
9,000
...
11-69
...11 "70
...11-71
For October.
11-34
5<K).
11-85
11-30
1,7 (XL
11-37
5,000.
.11-38
1,600.
1L39
5,500.
11 40
1,700.
11*41 I
1,800.
100.
..
2,200.
CIS.
4,600...
11-42
1
7,00 ).
9 000,
1115
11 4ft
.
11-47
11-4*
11-49
.
.
5,200...
01,600
For November.
100.
1117
200.
1118
8)ML
700
..
,
...
-v?
August 24,
Bale*.
800
THE
1878.J
100
rtf*.
11-21
11-22
Pale?.
1,400
2,100
1,100
11*23
1,800.
3,100.
11-24
11-25
11-26
11-27
11-28
2,300
1.800
3,500
1.800
1,900.
16,400
..
...
11-21
11-22
...
1.200
.....11-23
For May.
..
...
100
1,100
11-45
...11-46
200
300
11-47
11-48
700...
1,100.
100...
200.
500
...
11-31
11 32
11-35
..
4,000
11-41
11-43
2,200
For March.
500
100...
100...
For January.
...1115
200
600
500
200
1.400
300
500
1,000
11,400
For December.
1.000
11-12
100.
11-13
400
11-14
600
...11-15
11-16
4Q0
For April.
Bales.
fts.
300
11-38
lilOO
11-40
.
200
900
11-29
The
F >r Fobruary.
< -ts.
Bale**.
500.
100...
11-25
100...
11 26
300...
11 28
rt«.
....
CHRONICLE.
following exchanges have been made during the week:
"25 pd. to exch. 300
Aug. for Sept.
|
following will show the closing prices bid for future
delivery, and the tone of the market at three o’clock P M., on
the several dates named-
MIDDLING UPLANDS—AMERICAN CLASSIFICATION.
Market- -Stronger.
August.......
11*88
.
September....
11*00
.
Oetober
November
11-37
11-20
.
.
December....
11-15
.
.January
February
11-10
.
March
11-30
.
April
May
11-37
.
11-44
.
June
11-51
Transfer orders 11-90
Closed—
Steady.
Gold
100^8
.
Exchange....
4-82i4
Mon.
Firmer. Easier.
11-89
11-89
11-02
1102
11-38
11-37
11-20
1119
1114
1115
11-10
11-10
11-22
11-21
11-29
11-27
11-37
11-35
11-44
11-43
11-52
11-50
11-90
11-90
Easy.
telegraph, is
as
4-82^
Thurs.
Fri.
Higher. Firmer. Higher. Easier.
11-93
11-97
1109
11-44
11-24
11-18
11-19
11-24
11-31
11-33
11-45
11-52
12 00
11-07
11-43
11-24
11-18
11-19
11-24
11-31
11-38
11-40
11-52
11-95
100 5Q
of
follows.
Wed.
Quiet. Steady.
1005s
4*8214
The Visible Supply
Tucs.
1005s
4-82
Cotton,
as
v
Easy.
10012
4-82
11-99
11-73
11-48
11-28
11-17
11-23
11-29
11-30
11-28
11-35
11-42
11-48
11-50
12-00
Firm.
100 ia
4-82
11-43
11-48
1200
4-82
are
the
and consequently
brought down to Thursday evening; hence, to make the totals
the complete figures for
to-night (Aug 23), we add the item o:J
exports from the United States, including in it the exports of
Friday only:
Stock at
Liverpool
565,000
Stock at London
Total Groat Britain stock
Stock at Havre
Stock at Marseilles
Stook at Barcelona
Stock at
Hamburg
.
Stock at Rotterdam
Stock at Antwerp
809.000
875,000
41,000
71,250
578,500
881,000
850,000
160,250
946,250
163,250
6,500
Stock at other conti’utal ports.
1875.
847,000
34,000
30,000
7,250
38,000
44,000
9,000
-
1876.
13,500
6,000
Stock at Bremen
Stock at Amsterdam
’
17,250
212,750
12,000
64,000
13,500
66,750
41,000
10,750
7,750
14,750
5,250
76,000
11,000
55.250
58,250
15,000
18,000
17,750
192,000
6,000
76,750
11,250
26,250
41,250
9,750
4,000
12,000
Total continental ports....
321,250
Total European stocks....
899,750 1,324,250 1,266,750 1,325,500
India cotton afloat for Europe.
Amer’n ootton afloat for Eur’po
Egypt,Brazil,&c.,all t for E’r’pe
Stock iu United Statos ports
Stock in U. S. interior ports...
United States exports to-day..
..
197,000
24,000
14,000
49,378
3,604
1,000
Total visible supply.bales. 1,188,'732
Of the above, the totals of Amorioan
follows:
American—
Liverpool stook
Continental stocks
American afloat to Europe....
United Statos stock
United States interior stocks..
United States exports to-day..
441,000
260,000
24,000
49,378
3.604
1,000
443,250
276,000
58,000
17,000
128,052
416,750
Receipts ShipnTts Stock.
Total, old ports.
1,474
1,666
3,604
417
959
9,799
Dallas, Texas....
Jefferson, Tex.
Shreveport, La
Vicksburg, Miss*
Columbus, Miss..
Eufaula, Ala
23
■i...
47
2
18
55
101
1
15
29
111
125
264
119
126
140
418
.
7i
150
il2
3
33
12
8
33
29
11
103
60
66
63
133
560
1,171
'452
40
612
200
470
5,820
32
984
70
199
152
36
136
83
i
1
309
37
170
741
871
434
17
601
143
203
387
869
1,742
4,513
1,727
2,395
1,213
2,193
7,801
3.393
5,999
1,630
3,152
17,600
562
867
Total, new p’rts
1,681?
3,155
v
124
82
139
48
8
186
104
690
520
735
...
1
53
77
20
40
5
198
24
1,365
40
Atlanta, Ga
Rome, Ga
Charlotte. N. C...
St. Louis, Mo
Cincinnati, 0
Total, all
86
569
315
790
355 1
.
159
40
6
Grittin, Ga
28
69
...
'
Estimated.
The above totals show that the old interior stocks have
decreased during the week 193 bales, and are
to-night 6,195
bales less than at the same period last year.
The
same
towns have been
1,057 bales
more
than the
receipts at the
same
week last
year.
Receipts
in
from the
Plantations.—Referring to
previous issue for an explanation of this table,
the figures down one week later,
closing to-night:
a
anc
returns,
1877.
ending Aug. 24, *77
RECEIPTS
PROM
remarks
our
we now
bring
PLANTATIONS.
figures
of last
Saturday, but the totals for Great Britain and the afloat
for the Continent are this week’s
1878.
Stock.
Week
53
Quiet.
100 ia
354
237’78?
442
260
186
71
114
523
70
11-98
made up by cable
The Continental stocks
Augusta, Ga
Columbus, Ga....
Macon, Ga
Montgomery, Ala
Selma, Ala
Memphis, Tenn..
Nashville, Tenn..
11-09
11-44
11-24
11-17
11-22
11-22
ending Aug,
Receipts Shipm’ts
..
-51 pd. to exch. 500 Dec. for Sept.
Sat.
.
..
The
Fri.
Week
1,700
2,200
203
379,250
383,000
75,000
26,000
134,479
11,093.
7,000
441,000
11,093
7,000
7,257
1,000
Receipts at the Ports.
Week
•nding—
1876.
June 7.
“
10,4^6
10,493
8,359
6,519
8,661
6,102
6,003
4.4)4
6,874
5,949
5,2 7
3,732
4,086
3,671
3,069
4/57
% CO
23,691
“
21.
“
23.
12.
“
19.
“
26.
3,676
3,299
9.
5,589
5,153
5,871
16.
7,39)
2,691
2,1C2
1,733
23.
7,151
2,614
5,699
88.8141
59.612
77,411
“
“
10,721
5.04*2
,
Aug. 2.
“
1876.
12,380
11,231
oo £
“
1378.
9,390
8,5-26
8,526
14
July 5.
187?.
;Stock at Inter’r Ports Rec’pts from PlanUns
Total.
|
1877.
'
1876.
1878.
1877.
1878.
82,569
34,154
5,314
76,054
29,315
1,929
3,171
23,237
21,24o
19,075
2,151
2,141
57,509
52,154
67,712 45,769
61,078 35,811
57,865 32.077
53,736 23,997
49,5^2 27,979
47,151
42.372
35,18-
18,03-4
1,925
5,4 IS
1,876
15,494
8SS
-5,361
12,527j
3,15S
22,4?2
11,005
21,574
19,118
17,60*
8,346
374
...
•
•
•
«
.
•
.
2,368
1,324
2,6'8
681
%
*
•
1,204
7,509
6,392
4,693
4,832
4,384
3,645
1,243
1,119
2,149
410
6,238
1,085
5,999
1,965
1,123
5 460
*26,113
14,6731
44,385
....
2,549
This statement shows us that although the
receipts at the ports
the past week were 5 699 bales, the actual from
plantations
were
only 5,460 bales, the balance being drawn from stocks at
Last year the receipts from the plantations
were 1,126 bales, and for 1876
they were 1,965
the interior ports.
for the same week
bales.
Weather Reports
give in general
by
Telegraph.—Our
telegrams to-night
favorable report with regard to the crop,
and yet in the coast counties of Texas, and in
portions of Georgia
and Alabama, especially the section from Columbus,
Ga., to
9,799*
Eufaula, Ala., there are undoubtedly caterpillars, and they are
doing harm. In most of the other districts the weather has been
favorable for the maturing and gathering in of the crop.
1,813,101 1,903,322 1,915,4G9
Galveston, Texas.—We have had rain this week on each of the
and other descriptions are as
first four days, the rainfall
aggregating one inch and thirty-nine
hundredths, but the latter part of the week has been clear and
541,000
442,000
460,000 pleasant.
We are having too much rain, and caterpillars are
354,000
310,000
195,000
considerable
doing
harm in the coast counties. The thermometer
58,000
75,000
26,000
has
averaged 84, the highest point touched having been 91 and
128,052
134,479
76,712
....
9,799
26,000
38,000
76,712
7,257
1,000
a more
the lowest 77.
Indianola, Texas.—It has rained here on six days, the rainfall
reaching two inches and thirty hundredths. On one day we had
Total American
bales. 778,982 1,090,851
979,572
765,969 an
unusually severe storm, which interfered with picking. Cater
East Indian, Brazil, etc.—
nllars are injuring cotton, and bolls are rotting from the constant
Liverpool stock
124,000
306,000
367,000
415,000
London stook
rain. Crop accounts are less favorable.
The thermometer has
13,500
34,000
41,000
71,250
Continental stocks
61,250
89,250
106,750
184,250 ranged from 74 to 91, averaging 82.
India afloat for Europe
197,000
276,000
383,000
441,000
Corsicana, Texas.—There has been no rain here during the
Egypt, Brazil, Ac., afloat
14,000
17,000
26,000
38,000
week, and some sections are needing it. Picking is progressing
Total East India, Ac
Tnely.
Average thermometer 84, highest 102, and lowest 71.
409,750
722,250
923,750 1,149,500
Total Amorioan
778,982 1,090,851
Dallas, Texas.—The weather has been warm and dry all the
979,572
765,969
week.
A good shower is desirable.
Picking is making find
Total visible supply
1,188,732 1,813,101 1,903,322 1,915,469
Price Mid. Upl., Liverpool
progress.
There is much complaint of the boll worm, but think
6Hi0d.
6d,
5i5lnd.
7316d.
reported
damage
to crop much exaggerated. Average thermom 5
These figures indicate a decrease in the cotton in
sight to-night eter
•f 624,309 bales as compared with the same date of
84, highest 100, and lowest 72.
1877, a
decrease of 714,590 bales aH compared with the
Brenham, Texas.—We have had showers on three days of the
date
corresponding
of 1876, and a decrease of 726,731 bales as
compared with 1875.
week, with a rainfall of ninety hundredths of an inch. Cotton is
At the Interior Ports the movement—that is the
receipts :>eing injured by caterpillars. Poisoning seems to be only par
and shipments for the week, and stocks
to-night, and for the tially efficacious, and much damage is feared.
Picking is procorresponding week of 1877—is set out in detail in the following pressing finely. The thermometer has averaged 84, the
highest
statement:
being 91, and the lowest 77.
....
204
THE CHRONICLE.
New Orleans, Louisiana.—It lias rained on one
day this week,
the rainfall reaching eighty hundredths of an inch.
The ther¬
[Vox. XXVII.
The movement each month since
Sept. 1 has been
as
follows:
mometer has
averaged 83.
Shreveport, Louisiana.—The weather during the week has been Monthly
Receipts.
favorable for housing the staple, and
picking is progressing with
marked activity.
New cotton is coming in. The boll worm is Sept’mb’r
and has been doing considerable
damage. Average thermometer October..
84, highest 95 and lowest 74. There has been no rainfall.
Novemb’r
Vicksburg, Mississippi.—The thermometer has ranged from 72 Decemb’r
to 98 during the week,
averaging 84. We have had rain on one January
day, with a rainfall of ninety-three hundredths of an inch. The February.
fever is raging and increasing.
Cotton Exchange closed.
March.
Year
1877.
98,491
578,533
Mississippi.—Telegram
not received.
Little Lock, Arkansas.—The weather
during the week was
hursday, when it was cloudy, with a light
shower, the rainfall reaching thirteen hundredths of an inch.
Average thermometer 84, highest 97, and lowest 71. First hale
clear and warm, until T
of
cotton received
the l(jth.
Nashville, Tennessee.—It has rained here on two days this week,
with a rainfall of twenty-five hundredths of an inclu The ther¬
mometer has averaged 82, the
highest being 91 and the lowest 72.
The crop is developing
new
on
promisingly.
Memphis, Tennessee.—It has rained on one day this week, the
rainfall reaching two hundredths of an
inch, hut the rest of the
week has been pleasant.
Nine hales new received. Opening
freely. Very little picking is being done, attributable to the fact
of fever distraction, the country
being overrun by refugees. City
depopulated. Average thermometer 86, highest 93 and lowest 77.
Mobile, Alabama.—It has been showery four days, and has
rained severely on two days, this week, the rainfall
reaching two
inches and sixty-seven hundredths.
Accounts from the interior
are
conflicting. T he thermometer has averaged 83, the extreme
range having been 74 and 95.
Montgomery, Alabama.—Rain has fallen on two days this week,
the rainfall reaching one inch and
twenty-six hundredths, but the
rest of the week has been
pleasant. Picking is progressing finely.
Average thermometer 83, highest 95 and lowest 72.
Selma, Alabama.—Rain has fallen on three days, but the bal¬
ance of the week has been
pleasant. Crop is developing promis¬
ingly. The thermometer has averaged 83.
Madison, Florida.—We have had rain on three days of the
week, with a rainfall of fifty hundredths of an inch.- The ther¬
mometer has averaged 84, the extremes
having been 83 and 85.
Cotton is coming in freely.
Macon, Georgia.—Telegram not received.
Columbus, Georgia.—We are having too much rain. Cater¬
pillars are reported everywhere, and much damage has been
done.
It has been
showery two days this week, the rainfall
reaching eighty hundredths of an inch. The thermometer has
averaged 80.
Savannah, Georgia.—It has rained here on four days this week,
the rainfall reaching one inch and
eighty hundredths. The
weather
the rest of the week has been
pleasant. The thermom¬
eter has ranged from 74 to
100, averaging 85.
Augusta, Georgia.—During the earlier part of the week we had
showers on two days, in the main
heavy and, general, but the
latter part has been clear and
pleasant. Crop accounts are more
favorable.
Several bales of
new
ing the week.
cotton have been received dur¬
April
May
675,260
901,392
787,769
500,680
449,686
182,937
340,525
..
197,965
June
42,142
100,194
68,939
36,030
July
20,240
17,631
....
96,314
Beginnin g September 1.
1875.
236,868
822,493
900,119
689,010
472,054
.
Columbus,
1876.
1874.
169,077
610,316
740,116
821,177
637,067
1873.
134,376
536,968
676,295
759,036
444,052
383,324
251,433
133,598
81,780
56,010
479,801
300,128
163,593
92,600
42,234
29,422
17,064
115,255
355,323
576,103
811,668
702,16S
482,688
332,703
173,986
127,346
59,501
31,856
1872.
184,744
444,003
530,153
524,975
569,430
462,552
309,307
218,879
173,693
72,602
83,515
Tot.
Jy.31 4,258,486 3,957,386 4,085,531 3,473,936 3,768,597
3,573,853
Perc’tage of tot. port
98-00
receipts July 31..
97-48
99-34
99-06
97-88
This
statement
shows that up to
ports this year were 301,100 bales
bales
more
than at
the
Aug. 1 the receipts at the
more
than in 1876 and 172,955
time in 1875.
same
By adding to the
Aug. 1 the daily receipts since that time, we shall
above totals to
be able to reach
an
exact
comparison of the
movement
for the
different years.
1877-78.
1876-77.
1875-76.
1874-75.
1873-74.
1872-73.
Tot.
Jy.31 4,258,486 3,957,386 4,085,531 3,473,936 3,768,597
3,573,853
139
Aug. 1....
421
635
S.
1,092
1,727
2....
264
724
1,465
521
S.
1,874
“
3....
395
861
504
410
S.
1,056
“
4....
S.
452
846
390
547
2,781
“
5....
596
S.
834
394
701
2,175
“
6....
509
839
S.
301
924
2,201
“
7....
529
618
207
1,141
702
1,204
“
8....
340
247
S.
1,168
960
1,997
“
9....
700
364
197
1,082
S.
1,744
“
.
“
-
10....
“
11....
468
-
S.
245
764
364
701
531
1,038
1,084
539
604
2,583
218
647
1,738
168
967
1,526
195
787
1*631
1,930
4,423
“
12....
712
“
13....
612
487
14....
737
598
“
S.
S.
1,963
1,714
1,069
“
15....
505
367
“
16....
1,623
264
634
561
845
330
1,499
394
789
224
864
607
303
1,102
“
17....
“
18....
S.
“
19....
944
“
20....
627
1,167
“
21....
984
698
S.
1,364
22....
817
586
807
“
23....
1,693
404
1,482
..
..
457
S.
“
Total
S.
604
S.
395
592
675
607
S.
581
S.
S.
2,231
1,873
1,996
1,134
1,678
971
S.
,
1,297
4,273,515 3,967,754 4,105,991 3,480,805 3,784,524 3,610,596
Average thermometer 88, highest 103 and lowest Percentage of total
98*26
port receipts
97-97
forty-nine hundredths of an inch.
99-53
99-48
98-88
Charleston, South Carolina.—There have been light showers
on two
This statement shows that the
days this week, the rainfall reaching thirteen hundredths
receipts since Sept. 1 up to
of an inch.
The thermometer has
ranged from 74 to 97, to-night are now 305,761 bales more than they were to the same
averaging 82.
day of the month in 1877, and 167,524 bales more than they
The following statement we have also received
by telegraph, were to the same day of the month in 1876. We add to the last
showing the height of the rivers at the points named at 3 o’clock
We give last year’s figures (Aug. 23, 1877) for table the percentages of total port receipts which had been
Aug. 22, 1878.
comparison:
received Aug. 23 in each of the years named.
73.
The rainfall has reached
Aug. 22, ’78. Aug. 23, ’77.
Feet. Inch.
New Orleans
Below high-water mark
Above low-water mark...
Above low-water mark...
Above low-water mark...
Above low-water mark...
11
..
Memphis
Nashville
Feet. Inch.
2
4
6
5
0
10
1
15
19
12
7
1
5
14
6
3
11
0
7
Shreveport
Vicksburg....
New Orleans reported below
high-water mark of 1871 until
Sept. 9, 1874, when the zero of gauge was changed to high-water
mark of April 15 and 16, 1874, which is 6-10ths
of a foot above
1871, or 16 feet above low-water mark at that point.
—
Comparative Port Receipts
and
Daily Crop Movement.—
A
-
comparison of the port movement by weeks is not accurate,
as the weeks in different
years do not end on the same day of the
month.
We have consequently added to our other
standing
tables a daily and monthly statement, that the reader
may con¬
stantly 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.
PORT RECEIPTS FROM
D?ys
New
of
Or¬
we’k leans.
Mo¬
SATURDAY, AUG. 17, ’78, TO FRIDAY,
Char¬ Savan¬ Galnah. vest’n.
bile.
leston.
Nor¬
folk.
Sat..
43
5
32
49
232
72
Mon
159
102
111
259
261
40
Tues
36
8
76
142
287
32
Wed
76
19
89
234
402
100
Thur
13
2
41
93
Fri..
172
140
63
404
499
276
412
1,181
Tot..
518
335.
2,035
AUG.
23, ’78
Wil¬
ming¬
ton.
83
•
•
•
•
12
....
All
others.
Total
118
634
12
944
34
627
64
984
40
32
78
817
37
1
541
1,693
321
128
847
5,699
The Epidemic
in
the
South
and
Early Receipts.—Late
reports show a widening of the yellow fever district and sore need
of the general sympathy and
help which is being, and should
and will continue to be,
liberally given. The effect of the spread
of this disease on the early
crop movement cannot fail to be quite
an
important element throughout the Mississippi Valley. Still,
a
very considerable portion of the product of that section
will find a market
through the railroads, and time alone can
determine how
far
this
diversion will
make
good the loss
Undoubtedly, for September,
the Atlantic ports and Mobile and Galveston
(if the fever
does
not visit
those sections) will
show a very decided
increase over last year in their
receipts; and by October there
will be less alarm about the
spread of the fever, a general relax¬
ing of quarantine, especially in the North, against the infected
ports, and probably a turn for the better where the fever now
exists, so that business may begin to resume its old channels.
Altogether, it would seem reasonable still to anticipate a very
considerable increase in the crop movement in
September and
October over the same months of last
year, though not as full as
it would have been without the
presence of the epidemic.
at New
Orleans and
Memphis.
Bombay Shipments Jan. 1 to June 30.—We are in
receipt
this week of Messrs. Wallace & Co.’s
Bombay circular of
July 12,
they give, in detail, the shipments of cotton from Bom¬
bay to Europe the first six months for a series of years. The
in which
details for 1878, 1877 and 1876
are as
follows:
August
THE
24, 1878.1
BOMBAY SHIPMENTS FROM JANUARY
1876.
To—
Great Britain
....
Havre
30.
1877.
1876.
253,934
351,305
478,583
98,752
81,276
48,241
28,749
17,683
163,999
84,679
34,245
24,132
14,161
6,395
13,140
15,771
27,993
119,490
80,857
37,156
12,546
27,727
3,956
7,022
9,700
15,374
....
....
Genoa
Amsterdam
Barcelona
TO JUNE
1878.
....
Trieste
Venice
1
CHRONICLE.
....
205
The total surplus for Europe
is 446,000 bales, against 143,000
bales last year; an excess of 303,000 bales.
Against, there is a
reduction of 659,000 bales in the visible
supply, so that the quan¬
tity of cotton in the ports, at the mills, or afloat, at the end of
July was about 356,000 bales less than a year previous.
PROSPECTS.
The market closes
quietly. In the struggle which has for
15,595
'
some months
past been going on between the strong statistical
Naples
17,415
Marseilles
position of cotton on the one side and the unsatisfactory state of
13,437
Bremerhaven
trade in Manchester on the other, cotton has obtained
13,445
the mas¬
Port Said
11.041
Yarns
and
tery.
goods
have,
to
some
Revel
been
to fol¬
extent,
forced
7,537
8,904
7,865 low the advance in
the raw material; hut the
650
Antwerp
1,827
2,100
been
response
has
Odessa
600
8,750 slow, reluctant and inadequate; and at the moment there is a
Hamburg
10
pause in the contest.
After an advance of £d. to Id. from the
previous
lowest
Total Continent
point,
there is a disposition in Liverpool to await
353,821
395,856
332,543
eventualities, especially as Manchester appears determined not to
Total to Europe
607,755
747,161
811,126 be dragged up any higher.
T he figures are as strong as ever
The totals for the same six months of previous
years have been they were, hut this strength is neutralized by the helpless condi¬
tion of business in Manchester,
as below.
The bales in all these statements are 3£ cwts.
which, it is expected, will enforce
“short
enough
time”
upon
consumers
to tide over the period of
Bales.
Bales.
Bales.
Bales.
607,755 1873.. 778,034 1868.. 978,677 1863.. 513,450 semi-scarcity which has to be experienced before the free arrival
747,161 1872.. 772,694 1867.. 881,289 1862.. 600,652 of the new crop.
Buyers of both cotton and cotton goods are the
811,126 1871.. 819,142 1866.. 806,938 1861.. 647,105 more reluctant to continue operating on a
large scale, as there is the
1870.. 766,014 1865.. 640,391 1860.. 313,578
1875...1.072.883
1869.. 908,982 1864.. 580,771 1859.. 366,134 promise of greatly-increased supplies of cotton from America and
1874...1.024.717
....
....
....
....
....
....
....
....
Turning to the receipts, we have the following statement for
the months January to June, both inclusive, for five
years:
-From 1st
1878.
1877.
1875.
Bengal
Persia
Kurrachee
1874.
482,252
473,653
19,776
27,209
422,574 )
166,410 j 565,206
)
94,840
97,844
2,634
12,279
1,716
15,823
J
6,923
4,673
9,197
5,425
4,234
7,105
change of importance in prices ; later on, everything will depend
the weather for picking in the American States and the
upon
January to 30tli June.
From—
1876.
Oomrawuttee districts.. 521,993 408,789 373,859
do.
Hingengliaut
27,814 20,117
8,306
Dhoilerali
do.
98,697 336,136 336,919
Broach
do.
75,228 168,621 133,037
Comtah
Dharwar
/Irt
l> CIO.
96,807 31,010 96,779
Madras and
India for the new season, the commencement of
which is close at
hand. For the immediate future the chances are
against any
movement of the crop
Bombay
to
day, there have been 8,000 bales shipped from Bombay to
2,000 bales to the Continent;
during this week have been 3,000
bales. The movement since the 1st of
January is as follows.
These are the figures of W. Nicol &
Co., of Bombay, and are
brought down to Thursday, Aug 22:
Great Britain the past week aud
while the receipts at Bombay
Shipments this week
Total from all parts
832,135 979,295 960,239 1,200,765 1,181,451
The remarkable features in this statement are the evidence it
furnishes of the almost total failure this year of the Dliollerah
crop
and the excellence of the Oomrawuttee crop. That our readers
may
have before them a guide as to the future movement for the
remaining months of 1878, we have prepared the following,
showing the receipts at Bombay for the last six months (July 1
to Dec. 81) of the last three years:
From
From—
1877.
Oomrawuttee districts
1876.
28,670
52,365
10,472
41,537
6,431
Hingengliaut districts
Dhoilerali districts
Broach districts
Dharwar districts
Comtah districts
Madras and Bengal
Persia
.Kurrachee
}
>
July 1 to Dec. 30.
4,685
6,287
36,694
46,199
5,336
3,569
1,929
1,878
7,020
79,187
)
5,378
Total
127,806
161,754
Ellison & Co.’s Cotton Report foi July.—We
of Messrs. Elliftn & Co.’s report for
July, dated
make the
1875.
25,266
2,977
35,288
1,216
130
112,954
in
Great
Brit’n.
1878
1877
1876
Conti¬
nent.
8,000
1,000
8,000
Great
Total. Britain.
Receipts.
Conti¬
This
Week.
Total.
nent.
2,000 10,000 293,000 386,000
1,000 2,000 374,000 404,000
1,000 9,000 534,000 347,000
From the
year,
Shipments since Jan. 1.
679,000
778,000
881,000
Sinoe
Jan. 1.
3,000
847,000
1,000
4,000
991,000
992,000
foregoing it would
there has been
appear that, compared with last
increase of 8,000 bales in the week’s
aa
ship¬
Bombay to Europe, and that the total movement
January 1 shows a decrease in shipments of 99,000 bales,
compared with the corresponding period of 1877.
Gunny Bags, Bagging,
Etc.—Bagging has ruled quiet dur¬
ing the past week, and the sales, which are small, have not been
ments
from
since
reported.
There is very little demand to be noted, and the
closes dull at unchanged figures, holders still
quoting
10^@ll^c., as to quality. Butts are not moving to any extent, and
the only sales we hear of are of small
parcels for present wants.
Prices are about as last quoted, the market
closing steady at 2f@
2|c., as to quality.
market
The Exports of Cotton from New York this
week show a
receipt decrease, as compared with last week, the total
reaching 2,772
August 8, and bales, against 5,106 bales last week:
are
following extracts from it:
MOVEMENT DURING THE
Biportw
SEASON, OCTOBER 1
The deliveries to English and Continental
the first ten months of the season have been as
with the figures for the
TO JULY
consumers
Great Britain.
1877 8.
1876-7
/
Number of bales
2,355,850
Average w<*ig t (lbs.)...
425
Total weight (lbs.)
1,0"!,383,520
......
To this year’s deliveries to
2,636,650
405
1,067 843,000
,
,
WEEK ENDING
during
Continent.
1877-8.
1876-7,
2,li5,4l0
422
913,815,<80
of Cotlon(baIe<> from New York olnee
Neot.1,
25.
1,916,080
407
779,844.000
English spinners must he added
4,345,000 lbs. for error discovered in the stock of Surats, as
plained in a previous report, making the total deliveries for
nine months 1,005,568,520 lbs.
ex¬
the
In our last report, we estimated the
consumption of Great
Britain during the first nine months of the season at a
total of
876,400,000 lbs. In the month under review the consumption was
about 92,800,000 lbs., or 58,(M 0 bales of 400 lbs.
per week; real¬
izing a total of 969,200,000 lbs. for the ten months. Last year
the rate of consumption in July was about
5<*•,000 bales of 400
lbs., or a total of 89,6o0,000 lbs., which, added to the 962,980,000
lbs. consumed in the previous nine
months, gave 1,052,589,000
lbs. as the consumption for ten months.
The rate of consumption on the Continent in
July was about
47,000 bales of 400 lbs. per week, or 75,200,000 lbs. for four weeks,
making with the 715,200,000 lbs. consumed in the previous nine
months a total of 790,400,000 lbs. for ten months.
Last year the
rate of consumption for the whole season was
18,844,000 lbs.
(equal to 47,100 bales of 400 lbs.) per week, or 810,292,900 lbs.
for
!
Liverpool
On the basis of the
foregoing calculations, the
movements
Great Britain.
1S77-8.
1876-7.
Lbs.
Lbs.
Barplne stock 1st Oct...
13 8 0,000
8,518.000
Deliveries vo July 25... .1,015,568,520
1,067,843 000
*■
r—
-
Sunply
1,019,369,520
Consumption, 43 weeks. 969,200,010
Surplus stock, July 25..
Bales of 400 lbs.
59,168,520
125,000
1,075,361,000
1,052,580,000
22,781,900
57,000
Continent.
1877-8.
1876-7.
1 bs.
Lbs.
5 3 8,<X)0
65 23 u< 00
913,850,080
919,183,680
7 90,4 j0, 000
128,783 680
321,000
779,844,000
815,015.000
610,‘*92,000
34,7 3,000
86,000
P tl".
7.
81.’
5,693
Other British Ports...,
to
Aug.
An?.
14.
21.
551
100
5,106
2,772
6.4
5 106
....
date.
j
5,695
Havre
Other French ports
2,772
213
Total French
•
•
•
•
•
•
•
»
•
•
•
•
218
•
•
*
•
•
Hamburg
Other ports
Total to N.
r.
•
Europe.
•
•
•••f
a1*.
2,330
6d 1 others
Spain, Ac
The
following
2,890
....
Grand Total
•
•
•
•
•
•
•
•
5.695
3.262
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
5,106
•
•
year.
3<9.196
5,837
33,434
318,939
334,630
9,544
9,963
115
9 659
9,363
29,718
4,9*6
15,091
19,206
13,6.8
44,910
31,645
2,390
2,398
4,014
4,788
4,764
398,346
430,107
•
8pai n, Oporto* Gibral tar&c
Total
•
• •
•
Bremen and Hanover
•
period
prev’ug
333 132
....
|
Total to Gt. Britain
•
2.772
2.878
750
are the receipts of cotton at .New
York, Boston,
Philadelphia and Baltimore for the past week, and since
Sept. 1, ’77:
NEW YORK.
beoe’ts
BOSTON.
PHILADELP’lA
BALTIXOBB.
from
This
week.
43 weeks.
have been as follows this season
compared with last. The stock
on hand 1st October is the
surplus shown in our Autumn Annual.
July 1
187T
Same
Total
EXPORTED TO
follows, compared
corresponding months of last season:
to the ports.
Shipments.—According to our cable despatch received
New Orleans..
Texas
Savannah
Mobile..
7J7
1,441
211,138
68,90'
254
117,456
This
week.
.
....
Florida
8’th Carolina
KPth Carolina.
Virginia
Northern Ports
Tennessee. &c
Foreign..
Since
Sept. 1.
....
•
20,345
8,310
137 3\U7
..
•
6,706
160
109,557
•
•
•
41
295
11
56
49
65,3'i5
•
•
•
»
a
14,011
144.132
5,82?
3.246
•
6
163.6H5
Since
This
•
•
•
•
•
♦
»
*224 56,503
25,835
-
t,T „
*
*
•
•
_
•
*
17
«
#
*
16
•
*
*
*
•
20,319
134
65
•
60,016
2,614 110,258
3*G 110,881
....
• ••1
4^60
155
914
•
This Since
week. Sept.1
....
2,?92
•
Since
Septl. week. 8ept.l.
.
24
....
42,862
...
•
•
+
•
•
0
.
•
....
19.809
46,010
•
•
•
•
9,730
•
•••
Total this year
3,060
945,699
3,071 347,8 9
139
78,378“
424
Total last year.
2.212
937,426
1,059 347.767
190
64,211!
434 122,989
155,877
\
-
.
206
THE
CHRONICLE.
Shipping News.—The exports of cotton from the Unitec
States the past week, as per latest mail
returns, have reachec
3,498 bales. So far as the Southern ports are concerned, these
Since the
fVcL xxvn.
ol
commencement
the year the
Actual exp. from
the same
are
exports reported by telegraph, and published in
The Chronicle, last Friday.
With regard to New York, we
nclude the manifests of all vessels cleared
up to Wednesday
»iRht of this week.
2,772
New Orleans-To Vera Cruz, per steamer
City of Mexico, 370
Balt morb—To Liverpool, per steamer Nova
Scotian, 202
Boston—i'o Liverpool, per steamers
37 »
2)2
Batavian, 55.... Bavarian, 99.....
154
Total
shipments, arranged in
Liverpool.
Now York
New Orleans
Baltimore
Boston
•
«
Below
give all
we
Steam.
Sail.
d.
Saturday. —<©#
Monday.. —<©#
Tuesday. —©#
Wed’dav.
—
Thursday
Friday....
—
—
as
c.
15-64
15-64
15-64
15-64
X
X
X
X
X
X
cmp.
comp.
comp.
comp.
15-64 comp.
15-64 comp.
c.
cp. — ©#
cp. —
cp. —
cp. —©#
cp. —(&X
cp. — (&X
Liverpool, Aug. 23—3 P.
c.
11-16 comp.
X
11-16
11-16
11-16
11-16
comp.
comp.
comp.
comp.
11-16 comp.
M.—By
480
26,080
195,590
164,783
week and year,
and
bales this week.
Ex- Specula-
Trade.
port
tion.
650
1,440
203
300
30
West.Indian.... J
East Indian..
...
Total...*.
2,710
560
35,570
1.240
follows:
c.
15,000
470
American..bales 28.340
Brazilian
2,0b 0
Egyptian
2,010
Smyrna & Greek 1 AKn
3,498
-Bavre.—, ,—Bremen.—,
Steam. Sail. Steam.
Sail.
3,620
1878.
bales.
1877.
bales.
84,261
1,013
13.U9
5,424
64,963
61,038
Steam.
Sail.
c.
c.
American
—
Brazilian
—
Egyptian
Smyrna and Greek
X comp.
X comp.
X
X
X
Vt
X
X comp.
X comp.
X comp.
X comp.
—
bales
94,835
168,680
176,262
437,420
and imports of
also the stocks on hand on
the
sales
Total
this
»
520
Same
Average
period weekly sales
Total.
year.
1877. 1878.
30.430 1,315.700 1,125,070 41,490
2,260
92,950 204 170 2,730
2,310 182,420 162,710 5,700
j*
480
3,790
390
33,720
171,090
8'0 1
21.420 f
263,030
—
-
The
week:
following table will show
Spot.
Aug. 16.
Aug. 23.
’
61,000
4,000
28,000
617,000
493,000
33,000
21,000
4,000
181,000
42,000
the daily
5,070
830
620
3,800
5,430“
IS,210
1,67 9,586
1,569,222
235
608
93,656
day.
482,280
277,843
592,790
36.720
113,210
1,255
147,380
162,605
213,500
3s, 360
13,800
934
500
93,540
94,750
130
24,000
195,028
30,964
250,769
1A A1JY
8,390
56,950
2,106,765
2,202,337
595,730
639
....
Total....
»
This
week.
—
19,762
32,000
3,000
26,000
2,000
2,000
58,000
2,000
47,000
4,000
587,000
465,000
565,000
441,000
25,000
9,000
6,000
28,000
17,000
2,000
7,000
154,000
27,000
145,000
15,000
closing prices of cotton
Saturd’y. Monday. Tuesday. Wedn’sdy Thursd’y
for the
Same
date Dec. 31,
1877.
1877.
This
9
21,010
63,330
31,930
8,180
387,550
B R E AD STUFFS.
Friday. P. M
The flour market
'
38,000
2,000
29,000
1,000
3,000
599,000
482,000
20,000
18,000
2,000
167,000
31,000
6,220
To same
date
1877.
.
106,000
1,000
1877..
36,740
2,460 39,270 1,796,270 1,782,250 54,550 54,080
—Imports.
-Stocks.
r
Sales of the week
bales.
Forwarded
Sales 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
12.230
22,410
13,370
272,900
To this
date
1878.
50
West Indian
East Indian
—
Cable
Aug. 9.
116,450
4,317
12.160
3,912
,
/-Hamburg-
from Liver¬
pool.—Estimated sales of the day were 10,000
bales, of which
3,000 bales were for export and speculation. Of
to-day’s sales
7,650 bales were American. The weekly movement is
given as
follows:
Aug. 2.
U.K.in
1877.
bales.
SALKS. BTC., or ALL DB8GRIPTION8.
Charlotta Alexandra, bark (Sw.), Smmelscn, from New York for
borg, grounded at Middel Grund Ang. 14th, but was got off Helsingwithout
damage. Salvors settled with the captain for £50.
-Liverpool.—
118,510
29,650
#
news received to date of disasters to vessels
freights the past week have been
119,830
20,070
25,5‘0
outports to date—,
year:
carrying cotton from United States porta, etc.:
Cotton
1876.
bales.
Actual
Liv., Hull & other exp’tfrom
spec, to this date—»
1877.
bales.
on
Thursday evening last, compared with the corresponding period
of last
370
202
154
370
•
175,990
2,772
•
on
following statement shows
cotton for the
Total.
370
•
The
usual form,
our
Vera Cruz.
Total
Total
3,493
....
The particulars of these
follows:
American...,. 110,820
Brazilian
14,o70
Egyptian, &c. 24J93
W. India, &c. 2,350
B. India, &c. 24,150
Abyssinia, 736
City of Berlin, 1,0*7
are as
.—Taken
1878.
bales.
Tota) „a,eB
New York—To Liverpool, per steamers Egypf, 1,0C9
transactions
speculation and for export have been
,
Aug. 23, 1878.
dull and
drooping for nearly all grades
throughout most of the pa*t week, and yet no material decline
was quoted.
Concessions were occasionally made to the extent
of 5@10c. per bbl. to move lots from
wharf, but the depression
was due more to
sympa by with the wheat market than to
was
excessive supplies or absence of demand.
The export demand
has been good for the West Indies and South
America, as well*
as for the Continent.
Yesterday, the market was steadier, with
inquiry from Great Britain, a line of extra State selling at
To-day, the market was firm but quiet.
The wheat market has raled firm for
spring growths, on tli3
more
$4 15
Friday.
Mid. Upl’ds ...'2>69i6
...®69ifl ...'S>69i0 ...'®658
...©GHie
Mid. Orl’ns.
<2>611ift ...-aiGiiiR ...'S61l1r, ...'®6%
...@6i316 .'a) 613jq
Futures.
These sales are on the basis of
Uplands, Low Middling clause, unless
otherwise stated.
..
Saturday.
Delivery.
d.
Aug
61932
Aug.-Sept
619a2
Sept.-Oct.... 61932^&9io
Oct.-Nov
6*2
Delivery.
d.
Nov.-Dee
Shipments,
d.
Nov.-Dee., n. crop,
038
6%
April-May
Aug.-Sept
sail
6»i6
638
Oct.-Nov.,
sail
n. crop,
638
Monday.
Delivery.
Oct
6i932
6i932
61932
August
Aug.-Sept
Delivery.
Sept.-Oct
0i932
6133o
Nov.-Dec
Oct.-Nov
O1^
“
Shipments.
Nov.-Dee.,n.cp.,81.638
Sept.-Oct., n.
sail
crop,
61532
Tuesday.
Delivery.
Delivery.
Shipments.
61932 g; 5g Oct.-Nov
-0S16
Oct.-Nov., n.cp., si, 61332
Aug.-Sept... .61932^53 Aug.-Sept
02i32 Nov.-Dee., n.cp,el,630
Sept. Oet
6i932@58 Nov.-Dee
Oct
Oct.-Nov
G716~ Dec.-Jan.,n.cp.,sl,638
0i732
Oct.-Nov., n.cp.,8l,671Q
Wednesday.
Delivery.
Aug. 62132g)lli0gi2l32
Aug.-Sept
62i32
Sept.-Oct
62i32
Oct.-Nov
6i932
.
Nov.-Dee
61532
Delivery.
Feb.-Mar
(11532
07rl6
Nov.-Dee
Shipments.
Oct.-Nov., n.cp.,si,61533
Dec.-Jan.,n.cp.,8l,0i332
Shipments.
N ov.-Dec. Orleans,
low mid. clause,
crop, sail ..6716
Nov.-Dee., n. crop,
new
sail...
638
Thursday.
Delivery.
Delivery.
....62i32 Aug
62i32 Sept
Sept.-Oct
*..62i32 Sept.-Oct
Aug
Aug.-Sept
Oct.-Nov
69lf]“
Jan.-Feb
Aug
G^s
Delivery.
f»n16
0i932
Dec.-Jan
6i332
Sept
62i32
European Cotton
our
correspondent in
Oct.-Nov
10, 1878,
states:
Gii16
61 he
(>ii16
6i932
6ir>32
Aug
Sept.-Oct
62 loo
Oct.-Nov
Oct.-Not
69iq"
Aug
Nov.-Dee
6716
Oct.-Nov
Nov.-Dee
Friday.
Delivery.
Sept. Oct
Shipment.
Nov.-Dee., n.
sail
crop,
638
Delivery.
6^
62130
62i32
Delivery.
Shipment.
Oct.-Nov.,
sail
62i32
n. crop,
61332
Markets.—In reference to these markets
London, writing under the date of Auff
B
Liverpool, Aug. 7.—The following
are
the
current
American cotton compared with those of last
year:
prices of
/—Same date 1877.Ord.«t Mid—»
Fr.& G.Fr.—..—G.&Fine-^
Mid.
Fair. Good.
Sea Island..16
17
13
19
21
24
17 y2
19
22
Florida do.. 14
16
15X
17
16I*4
16#
Uya
16#
18 x
Ord.
G.O.
L.M.
Mid.
G.M. Mid.F. Mid.
G M. M.K.
6 3-16 6 7-16
Upland
5X
««
G%
?X
6
Mobile
6%
6X
6 3 16 6 7-16 GX
hx
GX
7#
1-16 6#
6
Texas...... 5#
6X
634
ex
611-ic ex
ix
ex
ex
Orleans,... 6
ex
6 5-16 6 9-16 ex
7/a
7%
a 3-16 6 V-16 7
„
,
.
€
07, being followed by sales at $1 04. Winter growths, on the
spot, were in large supply, and declined to $ 1 0?@1 08 for No. 2
amber and red, and sold very largely for
ther and October
September
at about these figures, with “No. 2 steamer”
lift at $1 03©
selling
1 05 and No. 1 at $1 11, on the
spot. White wheats also
declined to $1 1?@1 19 for No. 1, steam and sail.
Yesterday*
lowever, there was some recovery in tone and prices on the esti¬
mate received by cable that the United
Kingdom, not withstanding:
ier better
crops, will be compelled to import, for the coming year,,
about thirteen million quarters, or more than a hundred
million*
nishels of wheat.
To-day, the market was
stronger; No. 2
$1 08|; No. 2 red winter, $1 09J jfor August
and September, and $1 10£ for October.
Indian corn has been only moderately active, and
prices were
mrely maintained, the ciose yesterday being at a decline of about
one cent per bushel from last
Friday. Supplies have been liberal
at the West as well as at this market.
Today, the market was
quiet at 48fc. for No. 2 mixed, spot and August, and 49{@49£c.
for September.
Rye has sold largely in the past few days at 62@G3c. for No. 2
Western, spot and early arrival, and 68£@69c. for choice Canada
in bond.
To day, the market was dull, with car lots of
No. Z
Western selling at 60c.
Barley remains nominal, but crop accounts being poor,"there
las recently been an
important advance in barley malt, the close
jeing at 90c.@$l 10 for State and $1 15@1 25 for,Canada.
Oars declined rapidly under excessive
supplies at all points, No.
2 Chicago selling at 32c., No. S white at
3lc.; but yesterday there
was some recovery, and No. 2 Milwaukee sold at
33c., and choice
white 38c.
To-day, the market closed active, with No. 2 graded
quoted at 30£@31c. for mixed and 32c. for white.
The following are closing quotations :
amber
on
the spot,
Flour.
No. 2
$ bbl. $2 4C<© 3 10
buperfine State & West¬
ern
Extra State, &c
Western Spring Wheat
extras ..."
do XX and XXX
do winter X and XX...
do Minnesota patents..
3 407b 3 90
4 10© 4 25
4 00@ 4 30
4 40$ 6 50
4 25© 6 25
6 00© 8 50
Grain.
Wheat—No.3spring,bush $....©
No. 2
spring
No. 1 spring
Ked and Amber Wint’r
Red Winter No* 2
White...
Corn—Wesrn mixed
do steamer grade.
Southern yellow
.
.
....
I 12© 1 15
© 1 18
1
1
1
GO© 1 12
09^1 09#
03© 1 21
49
45©
47# ©
48
50©
52
August
THE CHRONICLE.
24, 1878.J
Flour.
Crain.
•City shipping extras
$1 15® 5 25 Corn—Southern white....
City trade and family
Rye—Western
brands
5 40® 6 25
State
Southern bakers’ and fa¬
mily brands
ebipp’er extras.
Rye flour, superfine
Corn men'—Western,&c.
Corn mail—Br’wine. &c,.
28®
29®
®
®
45®
77®
State, 4 rowed...
Western feeding .....
Peas—Canada boud&free
at
this market
57
62
69
33
38
6rt^a
Barley—Canada West
in breadstuff*
movement
54®
60®
Oats—Mixed
White
5 85® 6 75
4 MO,® 4 75
2 95® 3 30
2 20® 2 CO
2 90® 2 95
Southern
The
47
92
been
has
'RECEIPTS AT NEW YORK.-
1878.
For the
Since
week.
Jan. 1.
Flour, bbls.
S6,3?l
C.meal, “
3,601
Wheat, bns. 1.817.766
Corn..
“
824,145
Rye,
“
58,184
Barley, “
*67,929
Oats.
41
360,651
*
v
as
EXPORTS PROM NEW YORK.-
,
Same
time
iS78.
For the
(since
w ek.
Jan. 1.
/
1877.
,
,
2,55 >,251 3,742,096
31,342 1,546,344
131,087
143,0:9
6,715
142,654
31,857,564 4,161,043 1,151,655 28,252,5(36
23,'85,533 18,'89,754
392,084 18,*36,753
2,13 >,692
530,470
52,916 2,617,823
*2,765,339 *2,24-,621
1,000 1,510,’93
7,887,553
5,697,387
107,990
1677 —
For the
Si ace
week.
Jan. 1.
16.627
• 05,515
3,130
323.211
146,208
5,352,2>1
690,864 15,316,122
2,193,088
44,2 )4
22.8)0
910,238
3,339
102,022
771,584
Including malt
'
17, 187$,
'
AND
Wheat,
bbls.
AT—
Chicago
.
‘
.
.
iSam
-
rime
.
.
(60 lbs.)
(56 IbO
2,578,267
6i9.835
81,(27
14.98)
268,078
65,000
41,ICO
513.814
171.035
5,601
19,202
222,025
85,144
3,077,237
3,295,795
84,131
83,157
95,146
2,0 14,609
1,385,9 9
838,472
2,921,774
3,120,89?
2,571,393
2,624
35.317
1,165
2,SOO
.
bti-li.
911,736
541,523
5.310
Corresp’ng week,1 77
Oorresp’ng week,’ 76
Tot.Dec.31
15,943
y,8!5
AUG
TO
Corn,
bush.
(196 lb?.)
19,120
.
Total
Previous week....
1
FROM AUGUST
Flour,
Milwaukee
Toledo
Detroit.
Cleveland
St. Louis
Peoria
Dulutn
•
•
Tot.Aug. 1 to Aug,
.
T
root')
_
Oats,
Barley,
bush.
Rye,
bush.
bu-h
(32 !bs.»
(48 ibs.) (56 lb?.)
851,773
3\(>24
163,613
79/00
43,925
20,3:0
35,523
3,329
8.921
.
417
600
39,900
179,^96
256,ic.0
....
3,000
1,350
9,063
11,003
30,075
....
....
1,451,263
1,129,33)
93,316
38,360
38,146
25,524
749,551
441,882
•
•
•
.
....
229,480
169,382
165/14
49,2.8
.2,8;6,864 34,098,981 31,1.8,147 12,445,209 1,641,304 1/98,404
271,559 7,160,301 8,733,978 3,315,020
156.361
487,146
270, 83 3,10 * 3(2 8,799,331 1,542,411
82,145 458.035
272,575 2,345,426 6,823,712 1,146,606
66,558
163,095
243,945 3,717,693 3,411,623 1,783,840
96,549
187,375
l: 7
Same time 1877...
Same time 1876...
.
.
Same lime 1875...
*
RAIL SHIPMENTS OF FLOUR AND
GRAIN
FROM
WESTERN LAKE
Flour,
Wheat,
165,000
281,397
175,000
136,111
385,739
184 437
33,179
61,187
216,245
Philadelphia
•
•
•
•
204/34
395,839
O&vS,
Barley,
bush.
.
.
102 268
2r.8)4
14.910
•
•
•
.
302,978
1/37/94
663.295
650,060
1,6; 0 000
142,(00
7,740,736
6,527,053
6,09?,091
5,660,271
4,403,725
9,295,459
8,301,835
2,444,904
6,590/02
4.425.367
illy
6, 1878
June 29, 187S
6,447,178
4,612,433
4,943,132
Aug. 18, 1877
7,374,431
8,983,St 6
1.357,805
1,419 09)
1,5(0,497
1,530,133
1.617,704
1/78.321
2,997,149
10,934,629
2/01,903
On canal
Total
Aug. 10, 1878
AUg.
3, 1678
Juiy 27 1878
July 20. 1873
July 13, 1878
•
*
82,6 4
4t-,459
16",991
17,489
121,015
575,646
6,612,204
6.6 9,4(9
436
•
72,000
7/27
37,000
10/82
18,541
138
57,5)2
25/60
28/92
Peoria.
327
Indi nnpolis
181,574
Kansas City
111,766
Baltimore
735,895
Rul shinments, week
505,379
Lake shipments, week...... 1,549,018
•
•
•
•
•
•
•
•
•
,
,
,
,
•
•
•
•
11,613
188,811
1,812,354
Rye,
bush.
DUrb.
....
1,105,708
1,' 7",537
32,5:30
6/53
1,867
13,734
155,940
79/00
1.027.994
1.070.2(4
584,821
407,415
366/50
271,076
1,041,463
301,860
1,006,544
1,037,466
1/51.9-3
246,562
339,086
348,677
346.724
449,952
Estimated.
THE DRY GOODS TRADE.
Friday, P. M., Aug. 23, 1878.
Business has been only moderate the
past week with ihe pack¬
age houses, and it is quite likely that there will be a lull in the
demand for autumn goods until
their
a
early purchases, which
jobbers have distributed part of
unusually liberal. There waa
were
fair movement in certain makes of cotton and woolen
goods
prints, ginghams, dress goods, hosiery, &c., in execution of
former orders, but new transac ions were less
important than of
The jobbing trade was not as active as
late.
expected, but a fair
distribution of both staple and
department goods was effected by
some
of the leading houses in
package and broken lots. The
existence of yellow fever at New Orleans,
Memphis and some
other distributing points, has retarded
operations on the part of
Southern and Southwestern jobbers and
retailers, but buyers
from the Western and
chases without
Middle States have continued their
pur¬
hesitancy, and with
apparent confidence in the
maintenance of values.
AND • RIVER PORTS.
Week
bush.
17,
Aug..17 .3,443,220 41,167,288 61,238,131 17,876,061 3.087,242 2,516,455
1677...
.2,504,825 13,396,*67 51,497,426 12/88,273 2,801,3*7 1,697,9'.2
1876
.8,208,314 28,78/564 49/33,060 14,983,314 3.036,997 1,150,511
.
St. Lou.a
Bo-ton
17.
to
Same tun*
Same time 1875...
Oswego*
TORTS FOR TTIE WEEK ENDING
from: December 31 to aug.
Corn,
bush.
■i
RECEIPTS AT LAKE AND RIVER
.aug.
Wheat,
Montr. al
follows:
,
207
Domestic Cotton
Goods.—The export trade in domestics
fairly
satisfactory,
2,185 packages having been shipped dur¬
81,613
505,379
302,978
663.'296
11,613
13,734
August 18, 1*77*
91,421
134,749
451,5 4
week
ing
the
390,2(3
7,800
ending August 20 to the following markets:
19,4 4
August 1*\ 1876
71,337
315,157 1,0 1,300
26.293
225,291
14,21* Africa,
August 21, 1875
1,400;
Great
49,705
Britain, 352; Hamburg, 131; Hayii, 91;
1(0,699
247,108
310,770
25,583
28,3i2
United
States
of
SHIPMENTS OF FLOUR AND GRAIN FROM
Colombia, 75; British North American Colonies,
WESTERN LAKE AND
RIVER PORTS FROM DEC. 31 TO AUGUST 17.
71; Brazil, 57 ; British West Iodies, 40, &c. The general demand
for cotton goods by package
Tot.Dec. 3!toAngt7.3,6f2,623 29,820,223 52,66\145
buyers was less active, but prices
11,412,014 1,623.684 2,010,956
Same time 1877
.2,443,7 6 4 27,56 *,557 45,461,774 13,410, >21 1,2.0,575 1,050,763 ruled very firm, aud
some prominent makes of goods, such as
Same time 1676.... 2,138,213 27,462,913 45,306.371
13,122,062 1,2'1,068
U4n,991
Same time les75 ....3,082,986
Atlantic brown sheetings and Pepperell and Laconia
7.0,085,555 25,575,192 8,473,783
925.904
drills, were
367,632
RECEIPTS OF FLOUR AND GRAIN AT SEABOARD
PORTS FOR THE
subjected to a slight advance. Bleached shirtings were in moder¬
WEEK ENDED AUG. 17,
1878, AND FR3M DEC. 31 TO AUG. 17.
ate request and steady, and
low-grade cotton flannels were in
Flour,
Wheat,
Corn,
Oats,
Barley,
good demand and firm, with an upward tendency. Ducks, denims,
Rye,
At—
bbls.
bu-h.
bush.
bush.
bush.
bush.
ticks, corset jeans and gram bags were in steady demand for
New York.
85,902 1,088.078
910,750
362,530
53,574
Boston....
50,554
moderate lots, and yarns, wadding
29,200
483,000
48,
01
4 CO
11,200
and baits were a trifle more
Portland*
2,800
5/00
1,5 0
active.
Prints were iu steady demand and firm, but
14,722
2)2,776
648
145,2 0
28
print cloths
Philadelphia.
)5,830
387,100
413,600
134,8 0
5,500
were rather weak at 3
11-16‘c., cash, 1o 3fc., lees 1 per cent cash,
23,978
917,8)0
47,000
180,100
1,400
New Orleans.
4,931
for 64x648, and 3 5 16c., cash,“for 56x60s.
75,141
32,752
52,644
Ginghams and cotton
dress goods were distributed to a liberal
19V717 3,57.\ors 2,074,712
aggregate amount by
647,422
12,228
60,874
Previous week
2 5,523 3,128,228 2,467,8(0
476,457
12,450
66,810 agents, and were a little more active in jobbers’ hands.
\ 199,721
1,234,332 2.7p8,939
ending—
bbls.
Corn,
bush.
Oats,
bush
Barley,
bush.
bush.
Rye,
bush.
was
,
..
'
.
.
•
•
•
•
.
.
....
....
....
.
.
378,198
i
7.5,265,346 50,399,260
.4,036,241 8,73/813
.5,659,421 27,61*0,062
.5,639,125 30,104,915
*
72,764,546
53,042,551
54,471,357
: 32,988,856
87,883
149,951
13,097,035 !2,450,110 2 ,728 529
10,388,121 52,lO*/36
905,4 9
15/51/70 i2,0*0. 19 360,742
10,281,803
328,097 185,960
Estimated.
EXPORTS FROM
UNITED
MONTREAL
Flour,
From—
New York
Boston
Portland
Montreal.
bbls.
57,136
6,190
107
Philadelphia
■Baltimore
To'al for week.,
Previous week
STATES
SEABOARD
TORTS
FOR WEEK ENDED AUG.
Wheat,
Corn,
bush.
bush.
1,252,600
488,000
241,455
53,(83
AND
FROM
17, 1878.
Oats,
bush.
105.114
189,222
2,710
210,933
333,935
237/63
4,043
835,416
83,691
Rye,
Peas,
bush.
bush.
66,872
31,343
38,933
-300
2,009
56,746
....
....
80,906
71,772
2,669,261 1/761,361
175,690
66.872
58,755
2,006,356 2,(62,468
113.731
130.585
121,023
65,908 1,729,480 1.700.948
267,357
55.018
89,086
59,357 1,503,726 1,651,302
233,420
8M79
75/06
68,811 1,213,551 1,948,061
101,401
62,904
46,288
From New Orleans, 685 bbls.
flour, 40,504 bush, corn and 3,720 bush, wheat.
Tiie Visible Supply of
Grain, comprising
in
Two weeks airo
Thret' weeks ago...,
Four weeks ago ...
the stocks
granary at the principal points of accumulation at lake and
seaboard ports, and in transit
by lake, canal and rail, Auer. 17,
1878, was as follows :
In Store
New York
Albany
Buffato
Chicago
Milwaukee
Dal nth
Toledo
Detroit,
at—
Wheat,
Corn,
Oats,
Barley,
bush.
basa.
burh.
1, 183,530
632,193
401,963
bush.
203.224
27,000
35,000
33, 00
13.8(0
182.924
637.239
329.8*5
3,763
491,841
318,241
2
2/74
2,166.757
13,095
'
215,936
2,5(9
9/78
Rye,
bush
62,763
2>,500
5 6.777
259 314
2/49
134/8-*
47,431
408,139
14/12
.
0
48.538
18,413
•
•
•
but there
•
•
• M
4/63
•
»
« •
was a
fair movement in
cotton-warp beavers, which are
light supply. Cloakings
were in improved
request, and low prices enabled agents to effect
fair sales of repellents.
Kentucky jeans were taken in moderate
lots to a fair aggregate, and there was a limited
inquiry for
satinets.
Flannels continued in good demand, and colored
blankets met with fa r sales; but white blankets remained
quiet.
Worsted and woolen dress goods were in steady
demand, and
there was a fair movement in shawls, skirts,
hosiery, underwear
and fancy knit woolens.
more
12
10,720
Domestic Woolen Goods.—There was a
light and unsatis¬
factory demand for men’s-wear woolens, and sales were mostly
restricted to small parcels of medium and fine
fancy cassimeres,
cheviot suitings and worsted
coatings required for the completion
of assortments by cloth jobbers.
Overcoatings ruled very quiet,
firmly held
on
account of the
Foreign Dry Goods.—There
fair, though somewhat
irregular, demand for foreign goods. Low to medium grade
black silks were moderately active and very firm, and there was
an increased movement in
staple and fancy dres9 goods. Milli¬
nery silks, velvets and ribbons were a trifle more active in private
hands, and desirable makes brought fair prices when offered at
auction. Linen
was
a
goods ruled quiet, and prices are low and unsatis¬
factory to importers and consignors. Wuite goods moved slowly*
ban H .mburg embroideries and imitation lac-s were in
steady
request. M°n’s-wear woolens remained sluggish, aside from
worsted coatings, which were in moderate request.
208
THE
Importations
of
CHRONICLE.
Dry Goods.
Exports of Leading Articles from New
York.
following table, compiled from Custom House
returns,
shows the exports of
leading articles from the portof New York
to all the
principal foreign countries since Jan. 1, 1878 the
totals for the last
week, and also the totals since Jan. 1,1878
and 1877.
The last two lines show total
values,
value of all other articles
the
besides those mentioned including
in the table.
a
tS ^ 27?£2:G^T©gico.cioiT©o-"\-<ococ'i»o
§ £ gr *®.
—'so—'Mt.eooa;o*oNei
«eo
©.© r2.'-0.3v0^© © 04
C00>X"H'O®tr*3i53OO00C0
CO
02 +3 SS g is,
2* ©'of © © © 2Z 22
r~ *2*- 2 © ©“ao *> © ©« A a6uS c» x* rr w
* o
ft*
The importations of dry goods at this
port for the week
Ang. 22, 1878, and for the corresponding weeks of 1877 andending
1876,
have been as follows :
3NTEBBD FOB CONSUMPTION FOB THB
WEEK ENDING AUG.
.
-1876
Manufactures of wool....
do
do
do
Pkffs.
959
cotton.,
silk
773
536
flax....
Miscellaneous dry goods.
781
....
Total
-1877
Pkffs.
Value.
1.275
$552,550
Value.
$429,376
200,360
1,043
389,292
171,001
139,854
374
3,423 $1,329,833
The
22, 1878.
1878PbfiTB. Value.
780
$316,449
290,458
686
895
541
963
604
656
485
484.171
219,227
168,461
4,440 $1,714,867
[Yol. xxvu.
250,045
387,059
150,483
111,543
•
r-icor*
ot
CO'*3>»OI'-»0*,H,»-»OTHOOOTCOt'-»0<N«-"''*3«
ao
rie»H
*a>r.coo>
co
co
i
•-*
:N
-
ID
So
o
3,449 $1,215,579
WITHDRAWN FBOM WABEHOUSB AND THROWN INTO THB
MABKBT DURING TEE
Manufactures of wool
SAME PERIOD.
cotton..
silk.
flax....
754
276
197
461
$317,902
84,655
Miscellaneous dry goods.
505
do
do
do
...
..
Total
$244,495
§0,096
8?,550
565
274
115
308
36,572
513
22,978
154.8S9
2,193
63.651
1691,572
1,329.683
4,440
$52*5,492
1,714,857
Total thrown upon mark11 5,616 f 2,011,455
6,220
$2,241,359
Addent’d for consnmpt’n 3,423
831
3 3
158
401
34
105.272
$321,405
76,711
107,794
8 5,400
^
19,068
1,707
605,378
3,489
1,215,579
'
do
cottOD.
do
do
silk....
748
187
207
258
.
flax
Miscellaneous dry goods.
$331,402
$186,770
60,535
32,162
64, 01
197,931
61,151
16,718
272
Total
1,672
Add ent’d for consumpt’n 3,421
Total entered at the port. 5,035
17,Ou6
? 670.7-7
1.235
$411,191
4,440
1,216
1,714,867
3,489
r
^
r
OO ID ro C> <?»
•
•
OO
•
HC5HaNJiaOffiO>-<lON
eccoos —
•
,<?f
co
’
oi co
r-^©_
QO-rn
OWO
-7
co
cs *r>
ootcao
—
•XOOS'tf TJ< t-1
t4V
CO
eo
o
*D
MG
H*»0
65,936
I-OO I
13
S
os
GQ
105,868
7i).-89
© t-O* ID 00 05 CO
•©•“-■oiTCiOJQ
o>
.
Oi,O3 00
*05
•
<T**
• eO
*05
05
•
J. 05
OJ rf OJ
■
8,758
00<0!O^OOOC5*f
MMOO
.00*0 000'*
TTwOO^rUBOOr O*
r-CMS.OlrtHf W
iH WW-f OO
eo (- O
>
’
■H
50
i- l—
li-
r*M
CM CO
.
T-I*
0J eo
O
COt-7*-?
OM
oT
rrin®
S
00
t-
GO^
orTo"
TJ> ID
3
,
.tco
•©
•
>00
•
eo' CO
~h
m
*
eo eo
*
;©*
_r
00
eo
-»—*
■
DJ
CO
c»©*-h
•
ID
05 05
■
’
^
^ CO
o
■
n
•
* ^
•
N
C2 SO v-4
4,705 1.1,706.822
■Tt*
Oi_
*a*
ev
$491,243
1,215,579
•—*o»
O
T-H
O ■'T*
•
*
CO
•
«-*
CO rH
C co
c- rl
,
05
Mr-
Imports of
oo
ex
-
$231,192
•K CD -*J
$2,126,058
to
rH CO
<
534
208
91
344
41
110,902
5,675
^x-
~
5,195 $1,820,957
1,329.883
$2,000,6*0
ID TO iD
j; O H
*2
-
1,780
ENTERED FOB WAREHOUSING DURING SAME
PERIOD.
Manufactures of wool....
©
S'S^54 "Tit-'c*
lO
035
0^5
1-05
ID 3»
cic*
Leading Articles,
05 O CO
•00303
.
following table, compiled from Custom
shows the foreign imports of leading articles at
January 1, 1878 and for the same period in 1877:
[The quantity is given in packages
*
House returns,
this port since
B o »
•
Since
Same
Jan. 1, ’75 time 1877
Jau.1,’78
V w
:
:
.
.
05
China
Earthenware..
Glass..,....*...
8,160
23, 8.*
.
Glassware
Glass plate
Buttons
Coal, tons
Cocoa bags
3,418
Steel
.
Tin, boxes
Tin slabs,lbs...
673.359
Madder AExt.of
.
.
40,184
2,086
4,229
Hides, dressed..
India rubber.....
886
1,165
3,035
4,131
38,159
Jewelry
.....
476
1,553
l,i 91
341
29n
212.968
64,533
1,017,117
Oranges
190.644
The
for the
of
Since
Jan. 1,’78
3*22,663
278,963
8am e
1877
Grass seed...bags
Beans
bbls.
Peas
bush.
Corn meal..bbls.
Cotton
bales.
Hemp........
“
Hides
Hides
bales.
Hops
bales.
Leather
Molasses
sides.
hhds.
No.
Molasses..-..bbls.
Naval Stores—
Crude turp..bbls.
Spirits turp “
Rorin
“
Tar
“
i
68,525
90,333
22.586
368,927
33,413
Since
Same
Jan. 1,’78 time 1877
time
1,438
279,504
11,21,
48,656
~
2,765,339 2,248.623
122.998
46.740
458,647
131,037
499,93'
2.214
120,0)8
81,978
50,536
76,34o
46,435
168,028
14S,019
360,057
18
1,973
50,914
252,558
13,033
Cutmeats.
<%
Eggs
It
Pork
Beef
Lard.,./..
Lard
4,894 Rice
134,723
89,139
36,55 *
2,654,822 2,711,068
112,631
'
Starch
Stearine
Su<rar
Sugar
363 Tallow
68,045 Tobacco....
2,313
733,426
■
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837,761
350,245
41
174,283
((
36.651
II
526,774
28,161
I9,b64
.kegs.
pkgs.
1?
276,816
(1
I4,6r>2
.bbls.
hhds.
650
14,786
52,543
121,231
97,349
■Pkgs.
*?
Tobacco.... .hhds.
Whiskey...
.bbls.
bales.
243.187 Dressed hogs 1..N0.
124,411
*
60,465
19,81)7
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12,716
73,784
2-30,780
12,497
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183,584
23,956
22
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2,695
352,083
122,033
25,750
249,011
26,057
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1,850,024 1,283,476
50,683 Wool
15,593
.
»
yj 1-H
...
Barley A malt “
e? co
at
Prodace.
Ashes
pkgs.
2,867
Pitch
4,847
Breadstuff s—
Oil cake....
•Pkgs.
Flour
bbls. 2.650,253 1,742,096
Oil, lard... .bbls.
Wheat
bush. •31,837,564 4.161,043 Peanuts
.bags.
“
Corn
24.285,533 18,989,754 Provisions—
Oats
“
7,887,553 5.697,387
Butter.... pkgs.
Rye
“
««
5^0.470
2,130,692
Cheese....
...
^
717,621
receipts of domestic produce since January 1, 1878, and
same period of
1877, have been as follows:
--
<=
'
45.425
284.461
Logwood
o*
*
CO —I
.
511,264
196,655
864.756
29,547
462,876
43,655
■
.id
.moionio
180,293
S
ID 40
^>D3
$
'766,205
-124,040
Domestic
22
54,483
87,003
26,903
41,061
283,124
Fustic
r?J O
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•
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662
Ginger
.
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64*j0§3
120,285
Woods—
Cork
eo
o
31,754
Cassia..
Pepper
Saltpetre
•eo
eo
>
ot
eo
'mOH.nH
708,035
7,147,729 7,913,896
Mahogany
Receipts
„
l,5l9,2e>7 1,177,260
508,431
574,666
401,140
686,332
Spices, Ac.—
230.746
78,210
(?♦ CO 00 05
.
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•
Rice
27.507
1,093
Ivory.
Jewelry, Ac.—
41.002
492,165
253,418
....
4,024
Nuts
1,850
Raisins
94,092 Hides, undressed..
2,913
119,535
Bristles
$
943,332
..
3,916
598
Hemp, bales......
Hides, Ac—
91,837
21,717
705 C<>rks
14.771 Fancy goods..
38,588 Fish
33,657 Fruits, Ac.—
3,608
Lemons
37,336
Sodaasb
56,962
28.749 Cigars
466
ID UO
w
•
Champagne,bkte.
15,426
Flax
Furs.
Gunny cloth
Hair
345
40,75S
Wines
3,820 Wool, bales
3, <34 Articles reported
by
3,478
value—
2,680
27,41b
Oil, Olive
Opium
Soda, bi-carb...
Soda, sal
C» ID
•
id th to o
•
446,949
1,389,137 2,012,780
526,669
531,538
35,322
38,629
9,462 Tobacco
Waste
2,241 Wines, Ac—
12,821
2,219
4,59b
o _r. Tf* 35
N-r .i a.
426.622
18,434
....
512
74 209
28,04c
i—
OO ®>
© O
7,452,19 i "7,265,253
84,Oj4
125,703
30,34*3 Paper Stock
16,295 Sugar, bhds, tcs. A
1,236,611
bbls
3,077 Sugar, bxs A bags.
23,904
16,841
1,480
2,473
342
4,280
717,765
Spelter, lbs
5,29b
2,628
waie
Lead, pigs
4,20^
•
'«503
C»*30
Tea
Gum, Arabic....
Indigo
Watches..
Linseed
Molasses
16,307
l,019,66t
Cochineal
Cream Tartar..
Gambier
•
202,606
14.46U
15.939
Coffee, bags
Cotton, bales
Drugs, Ac—
Bark, Peruvian.
Blea. powders..
Hard
•23,205
144,739
3,492
5,723
79,:M>
-
8.005
CO
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time 1877
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Cutlery
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August 24,
THE
1878.]
GENERAL
HAYNorth River shiDpiug
ASHES—
Pot,first acrt
ft lb.
4x0
BRKADSTUFF8—See special report.
BUILDING MATERIALS—
Bricks—Common Hard,afloat..V M 2 CO
Croton
4*
26 00
0
a
©
&
0
0
@
@
d
Dement— Rosendale
V bbl.
Alma—Rockland common... j bbl.
Rockland, finishing
80
6?
85
Lumber—Pine,g’d to ex.dry.ft M It. 15 00
Pme, shipping. box........
18 00
ft M. it. 38 00
38 00
.,
Black walnut
Spruce boards* planks, each
Hemlock boards, each
75 00
Maple
VM.it. 25 00
tiails—10@6Od.ccm,fen.& sh.ft keg
Clinch, 134 to 3 in. & longer
4 25
3d fine...
Cutspikes, all sizes
8
Faints—Ld., wh.Am.pure. in oil V ft
Lead,wn., Amer.,pure dry
7XS
5
Zinc, wh.,Amer. dry. No. i
a
6
Zinc, wh.. Amer.,No.1,In oil
Paris white. Er.*., gold.... V 100 B>.
70 a
BUTTER—(Wholesale Prices;—
Tubs.good to choice State
15 a
ft ft.
West’n creamery g’d to ch
17 ©
“
Welsh, State, g’d to choice
12 &
“
Western dairy, fair to pr
8
“
...
State
factory,primetochoice....Vft
“
....
Rio
fair,
do
do
good,
do
gold.
gold.
......gold.
gold.
do prime,
do
Java, mats
Native Ceylon
Mexican
Jamaica
Maracaibo
gold.
....gold.
gold.
gold.
gold
gold.
gold.
Laguayra
St. Domingo
Savanilla
Costa Rica
gold.
“
44
"
“
“
24
15
15
*•
“
4>
“
“
"
4
do
Eastern
Wisconsin
Old
134<t
16
15
HX
16X
13V
@
14X0
13
13
14
©
®
Bolts
V ft.
-.
....@
....@
16 a
COTTON—See special report.
DRUGS & DYES—
Alnm, lump. Am.........V 100 ft cur
Aloes,Cape
V lb. gold.
Aloes, Barbadoi 8
“
Arsenic, powdered
“
Bicarb.soda,Newcastle.V 100Tb
Blchro. potash
ftftcur.
Bleacbing powder
1
V 100 ft. *•
Brimstone, 2n «s & 3rds,per ton.gold.24
Brimstone, Am .roll
V ft. .car.
Camphor refined
“
Castor oil,E.I. inbond. V gal. .gold.
Caustic soda
V 100 ft
••
Chlorate
44
potash
Cochineal, Honduras, silver...
Cochineal, Mexican
Cream tartar, powdered
“
40
per
100 lbs.
Glycerine, American pure
Jalap
3
“
17
§alcksllver
gold.
ainlne
.....cnr.
pr.... **
hubarb, China,good to
Sal soda, Newcastle.. ftluO ft, gold
Shell Lac, 2d & 1st English. Vft.cur.
Soda ash
V 100 ft. gold
Mackerel, No.l.vf. shore
Mackerel, No.i, Bay..
Mackerel,No.2 Mass.shore
Mackerel. No. 2, Hay
........
FRUIT—
9 00
12 50
Prunes,Turkish (new)
do
French
Domestic Dried—
case.
V ft
.^ppled, Southern, sliced (new) V ft.
do
do
.
quarters (new)..-
State, sliced,
do
quarters
Feaches, pared, Ga.,g\l to cb’ce ’78
do
nnparei. halves and urs...
Blackberries ic.op 1878;
6
4
10
50
17
ury
Plums, State.
4X
@
13
8 00
0
@
0
17X
12
11X0
12X0
3
2
3
3
5
3
M
O
©
8
0
5
0
0
0
*
8
4
6
24
15
3
5X0
2)
fiuvructL
8
Nominal.
Figs, layer
Canton Ginger.wh.* bf.pots.V
Sardines, V half box
Sardine-, V quarter box
Macaroni, Italian
do
13X
O
7XO
Dates
uo
3 70
1 75
2 00
8X
3X0
13
0
14X0
11
0
10
©
21
21
21
23
27
23
26
I9v©
V gal.
grocery
©
@
©
a
....©
....©
“
“
grades.
.
B
“
Irish..
00
50
00
60
60
«
$ gall.
Whlskov
Brandy (Cal.) deliv. in N. Y....
14
@
@
8 00
4 U0
(ft
3 25
4 00
3 90
©
@
2 02
©
“
fir
“
<a
STEEL—
1 07
3 59
Store Prices.
English machinery
6X@
9
“
American cast, Tool
American cast spring
American machinery
American German spring
SUGAR—
Inferior to common
F ir
Good refining
6X
14
©
9X@
iox©
10X
lix
....©
,...©
...©
....©
..0
9
16
9
10
.
reflair£....$ ft.
“
....©
“
“
Prime
Porto Kico refin
fair to prime
1-toxes. c ay< d. Nos. 10@12
Ce tiifugal, N03. 7@L3
3-15
©
5-16
7-4©
7X
7X
feX
.
“
.
“
“
Melado
“
Manila, sup. an l ex. sup
Bat-tvia. Nos 1 @12
Brazil, N os 9@ll
P fined—Hard,« rushed
“
Hard, powdeml
granulate I
cut loaf
Coffee, A. etandard
da
off A
White extra C
6X *
%©
Y
@
7X
“
“
“
7
“
9X
“
9 V©
do
do
7
“
Fxtra C
BQJJ
Other Yellow
Molasses sugars
16
14X©
cnr.
^
^
Primecity
32
©
4i
“
25
©
45
Tar, Washington
V bbl. 2 37X*
Tar, Wilmington
**
Pitch, city
—0
“
Spirits turpentine
V gal.
27 ©
Rosin, strained to good strd.V bbl. 1 9?X»
low No. 1 to good No. 1
“
1 55 @
2 50
2 50
2 00
...
low No. 2 to good No 2
low pale to extra p *le,.
window glass
Nominal.
Nominal.
-*7X
1
42X
“
1 45
0
“
2 50
0
“
8 75
0
4 00
30
@
Ou
5
©
5X
Y
;.
9X®
8*@
4x@
U
OAKUM—Navy,U.S. Navy* best f»tt.
8X0
IPX
?) lb.
Pecan
“
9
“
"
“
8X 4)
«•
“
7X9
“
....0
©
8%
8%
7X©
8X
7X
6
1*
30
1 10
56
66
Neatsfoot, No. I to extra......
Whale,bleached winter
Whale, crude Northern
«•
29
<0
60
53
• 1
85
0
0
<4
1 10
57
30
90
54
45
91
1 Oi
0
0
O
0
0
,,
91
1 02
45
61
0
0
66
66
52
OIL CAKEV ton.
sur 4*
•
•
0 31 CO
» •
0 3C 50
«•••
y ft. 6 15-16©
TIN—
Banca
Straits
gold. 9 ft
44
English .refined...,
Super.to fine
Ex.flneto finest
Choicest
Ex. fine to finest
Choicest
Imperial,Com. to fair
do
Sun.to fine
Extrafinetoflnest....
Hyson Skin.* Twan. com. to fair.
do
do
Sap.to fine
Ex flneto finest
UncoloredJanan.Com.to fair..,,,,
00
Sup’rtofine
Ex. fine to finest
Oolong,Common to fair,***,.....
do
do
do
Supertor to fine
..
.
,
.
Ex flneto finest
Choicest
.
Souc.& Cong.,Com. to tair..
do
..
14
5 50
6 DC
©
2;
84
4C
0
©
16
25
©
0
35
<a
&
@
<a
Noi
do
do
18
-5
S5
16
SO
43
do
do
do
17
Nor
Bunpowder, com to fair
do
Sup.to fine
do
fit
12X©
TEAHyson, Common to fair
cur.lPlb
do
Superior to fine
do
Extra fine to finest
do
Choicest
Young Hyson,Con..to fair
do
do
...
*•
....«
f)bx g d. 5 89 ©
“ 5 75 s
Plates. 1. C„ coke
Plates.char.terne
do
OILS—
Snp’rto fine..
do
Rt flneto finest
do
Choicest
.
18
27
33
14
©
©
0
16
0
Non
17 0
26 0
£0 0
13 @
it 0
3i> <a
Non
18 0
27
0
40
55
©
at
TOBACCO-
PETROLEUM-
Crude, in bulk
f) gal.
tSaaoa
Cases
"
Refined
**
Naphtha,City, bbls
“
PROVI8LONSPork, mess,spot
Pork,extra prime
Pork,prime mesn, West....
Beef, p'aln mess
Beef,extra mess
Beef hams, Western
Bacon, Weet. long clear
Hams.smoked
Lard. City steam,
RICE—
.,
V ft
"
“
SALTTurk’sIsland
St. Martin
Liverpool, Ashton’s fine
8
79(0
0 10
...
*•
**
“
“
14K
IPX
....4
V bbl. 10 25
“
...
6
Q
18^ *
...
■
Carolina,fairto prime....
Vtt.
LonlsiaBa, fair to prime
**
Rangoon, In bond,
f) 10? ft
Patna, duty paid...
“
....
10 0)
11 25
Su 5J
37X
©
....
0
....
© !1 00
0 11 50
0 21 00
....4
6*49
llXa
7*32X0
1'^X
7 85
6XA
7X
69( 0
7X
....0
....0
....
Clover, Western
Clover, New York State
Timothy
Canary, Smyrna
V bush.
20
20
V sack.
©
»
28
*8
02 50
....
V b.
V bush.
Canary, Sicily
Canary, Dutch
Hemp, forelgu
...
@
7X@
1 40 <*
1 70 ©
1 05
©
©
©
7X
8
1 45
1 77X
2 5;
1 75
....
Saxseed,
American, rough......
40 © 1 03
47
Dfieed, Calcutta
V 56 •«. gold. 11 91
Bombay....14ft
gold.
Kentncky
lugs, heavy.......... Vft
“
leaf,
44
com. to fine.
Seed leaf—New Eng.wrappers^tf-TI
“
do
fillers, *76-’77. •
Pa. assorted lots, ,76-*77
Yara, 1 and II < uts, assorted
Havana, com. to fine
Manufac’d.in
bond, black work
“
“
bright work
WOOLAmerlcan XX
American, Nos. i & 2
American, Combing
Vft
California, Spring Clip—
Superior, unwashed
Fair
Interior
...
©
....
Smtb Am.Merlnc,
Cape Good Hope,
unwashed.
unwashed........
Texas, fine. Eastern
Texas, medium. Eastern
..
gold.
Smyrna.unwashed
FREIGHTB—
—STB AM.—*
IoLivmpool:
CorU>u
V ft.
Flour
6* bbl.
Heavy goods. .V ton.
Corn,b*lk & bgs. V bu.
Wheat, bulk * bags..
Beef
Poik...
...
8
5
10
ft tee.
....ft bbl*
d. 8. d.
...0 X
3 9 0....
37« 045 0
9.
7xa....
9
I 6
9 6
0....
0.m.
@
@
0
5
8
78
65
It
14
®
30
28
85
0
80
18
Extra,Palled
No.l, Pulled
Barry
SEEDS—
Linseed
*•
33
“
“
“
Filberts,Sicily
Walnuts, Naples
-
....
Gin
38
@
TALLOtV-
id"
60 ©
....©
1 81 @
....0
do
Loose
do -Valencia
Currants
Citron
20
20
25
Almonds, Jordan shelled
4 50
1 50
1 15
24
1 70
20
perBOlb.frall a 1
Raisins,Seeaiess.
do
Layers
50
NUTS—
7X
pr.bbl. 14 00
00
fi 40
3 62 X
5
6
3 50
rexas.crop
66
@ 4 60
0 22 00
© 20 00
0 11 00
0 U 00
00
0)
Pi-ices,
ft.
8
0
0
”50 0
....0
18
1 65
3 75
<g 13
@ 17
<a 16
© 23
“
Barbadoes
Demerara
Porto Rico.
N. 0., com. to prime
NAVAL STORES-
,!*
4
3
3
a
*»
»•
14X
—gold.
75 © 17 00
ga!!.
American blister
©132 50
2 5-10®
5
5 © 2 8-10
cur.
23
28
48
Brandy, foreign brands
Rum—Jam.,4th proof
St.Croix,3d proof
>
$ 100 lbs, gold 6 3?X©
29
Sugar of lead, white, prime.ftftcur.
Vitriol, blue.common
**
F184—
Gr’d Bk.& George’s fnew) cod.ft <tl.
$ ton. 16 50
15 50
14 50
21 '0
Cuba,clayed
21
@
...
English,cast^d&lslquaiity ^ftgold
English, spring,2d & 1 at quality.. “
English blister,2d& Istquality.. **
...@
...
26
"
25
'*
26
Lioorlcepaste,Spanish,solid., .gold
Miadder, Dutch
"
'X®
& 0
Madder,French, E.X.F.F
'*
Nutgalls.blue Aleppo
cnr.
18*0
Oil vitriol (66 Brimstone)
•*
1X0
Opium,Turkey ....(in bond),gold. 3 75 a
Prussiate potash,yellow, Am..cnr.
» 0
•
....©
86 ©
English German,2d & 1st quality “
Cuba, Mu8.,refln.gr’ds,50t,est.
6
4 25
1 20
18
Licorice paste,Calabria
Lioorlce paste,Sicily
Nutmegs,Batavlaand Penang
42X
MOLASSES—
0
•.
5*
*8X
4’@
‘J8@
20
25
23
**
73
80
£0
Batavia
Pimento, Jamaica,.
...(2
Brazil
87V0
85
..
Oak, rough
••
20
20
20
6
do
Calcutta
Mace
50
36
©
@
@
[)
Slaughter crop
4 CO**
18 (X)
62
63
12X
©
....©
18 ©
....©
•
Alcohol
“
save
4*
do
do
...@
35 @
"
'•
....©
12X©
Domestic liquors—
Hemlock.Buen, A’res,h.,m.&l.^lb.
California, h., m. & 1
common tilde,h., m.&1.,..
“
"rough..
do
%) ft,gold
Whiskey, Scotch
*•
90
65
75
-cur.
©
@
@
^ lb.
do
6'00
5 25
Ginger, African
3
11
8
8
©
..
**
100 ft.gold. 5 S7X0
cur. 4 97X2
75
white
Cloves.....
do stems
LKA.THER— *
24
23X0
do
10
11
-
Sheet
@
2% a
gold.
Ginseng
0
@
0
.......
Domestic, common
Bar (discount. 10 p. c.)
10
9
13
10
8
good to prime
Ordinary foreign
14
1 45
&
3X0
.
5 25
Pepper, Batavia
do
Singapore
@
LEAD—
2H
13^0
cnr.
©
0
©
©
Cassia, China Lignea
Hoop, Xx.No.22to l&lXx 13&14
gold
ft
Sheet, Russia....
1('X©
Sheet, single,double & treble, com.
SX©
4
Rails, American
n ton, cur. 32 00 © 36 I’O
Steel rails, American....
43 00 © 14 00
0
60
66
*•
cur.
•’
Oabebs, East India
Catch
Gambler.
"
a
9X
£>tore
12
22
@
17X
0
0
Bar,3wades.ordinary sizes..?) ton. 130 00
2 12>43
20
2
3 70
@
9
8
9
“
00
75
00
5
4
5
4
SPIRITS—
Scroll
16X
uxa
17
“
Pig, American, No.1
Pig,American,No.2
Pig, American, Forge...
Pig, Scotch
28
26
23
oz;
19X
“
l
IRON -
COPPER—
Sheathing, new (over 12
Braziers’(over 16 oz.)
American Ingot, Lake
0
“
Honduras, sheet
Mexican, sheet
17
17
@
2flX
2u
“
do....
do....
0
19X0
19X@
Para, fine
Para, coarse
Esmeralda, pressed, strip.
Guayaquil, p essed, strip.
Panama strip
Carthagena, pressed
Nicaragua, aheet
Nicaragua,scrap
17
1634
20
19
9
6 25
8 37X
SPICKS—
21X »
*'
*’
“
common
0
Yearlings...:
V6yi
@
Foreign
Domestic,
21
“
7
6 09
3 25
SPELTER-
INDIA RUBBER-
i*
25
13
do....
do....
do....
HOPS—
New Yorks, coirf. to med..,*
12
@
©
Grande,
Calcutta, buffalo
19
18
1734
*5X
4X0
Si. I. stock—Cal. kips.slauglit. gold
Calcutta kips, dead green...
“
20
l<43
5@
“
lb.gold
Tsatlees, No. 2
Taysaams, No. 1
Re-reeled Tsatlees, best..
Re-reeled Congoun, No. 1...,
65(0
“
“
California,
Texas,
1 75
14 X
“
Matamoras.
do
Wet Salted—Buen. Ay, selected
Para,
do....
9
11'4S
164 d
16^d'
ft ft
Orinoco,
California,
l*
734 a
60and9Gdays.gld.Vft
car.
do
“
Dry—Buenos Ayres.selected.ftftgeld
do....
**
Montevideo,
do....
Corrientes,
“
...
....© 8 50
Liverpool housf'eannel
12 00 a 13 00
Anthracite—The following will show prices at
Jast auction or pr^ei.t t-chedule rates:
1>.L & W.
Penn.
D.&H. P.&R. L. &W.
Auction.
Sched.
Sched.
Sched.
.1 n W
New31.
N. T.
Port
burg.*
Ha
Hoboken.
bor.
John^t’n.
Bt’mb.. $8 15
$3 b0
*3 (0
Grate... 3 45
3 fiO
3 6)
*3 47V. @3 50
3 57>t@3 60
3 75
Egg .... 3 til)
3 75
Stove... 4 05
3 9j
4 M
4 <0
Ch’nut.. 3 50
3 bO
2234
3 60
*
50 cents per ton additional for delivery at New
York,
coffee—
Rio, ord.
gold.2C0 90
<.per 100
SILK—
0 0
HIDES—
CHKESK—
Western factory, g’d to choice..
COALLlverpoolgae cannel
0195 00
@
0
@275 on
..I
Vft
Crude
Nitrate soda
to
@
...
Manila
Sisal
Jute
28
&
16
&
@ 45 00
@ 2 40
© 5 25
@ 4 35
@ 2 85
©
’4
43
ft ton. 170 30
Italian
60 00
22 00
80
45 00
45 00
@150 00
boards, com.to g’d,each
Reflned.pure
Russia,clean
28 00
90
SALTPETRB-
ft 100 ft
HEMP AND J U l'E—
American dressed
American undressed
(00
Philadelphia
Ash, good
209
GUNNIES.—See report under Cotton
PRICES CURRENT
do tally
Oak
CHRONICLE.
to
@
m
0
0
0
0
0
0
4X
12
85
7
10
82X
1 20
18
40
38
88
42
81
20
26
22
15
12
2«
25
24
23
0
0
0
0
0
27
25
16
©
16
0
0
0
89
24
18
20
28
•
••♦
/■—-SAILv— —
9. d.
9. d.
15-64 comp
2 3 m ....
30 0 0 27 6
THE CHRONICLE
210
Commercial Cards.
Steamships.
THE
.Russell & Co.,
C OHI MISSION
AND
AGENTS,
TO
Hong Kong:, Canton, Amoy, Foochow,
Shanghai and Hankow, China.
Boston Agency,
) New York Agency,
J. MURRAY FORBES, >
S. W. POMEROY Jr.,
30 Central Street, i
105 Water St., N Y
Insurance.
GREAT
Providence Line
MERCHANTS
SHIP
fVot. XXVII.
VIA
OFFICE
BOSTON,
PROVIDENCE
REStT <~NLY
A FULL NIGHT’S
DIRECT.
42 MILES OF RAIL
ATLANTIC
The Favorite Palace Steamers:
Hong Kong & Shanghai
Banking
Corporation,
Office, Hong Kong.
Head
MASSACHUSETTS, RHODE ISLAND,
Capt. RAY ALLEN.
Capt. JESSfcC MOTT.
5 ¥» ]•§ Dally (except Sundays), from Pier No. 29
*
COMMISSION
14
THE
Parker,
**
COMMISSION
Co.,
&
•
POINTS
From Pier No. 33 North River (foot of
HI
jay
gireet.)
Direct Line
YORK
AND
a«
OF
follows:
LABRADOR, anulier
•ST. LAURENT, Lachesnez
11
Old Slip, New York.
Jobbing Trade ONLY Supplied.
utensils.
To Plymouth,
London or any railway station In
England—First cabin, $90 to $100, according to accom¬
modation ; second cabin, $'i5; third cabin, $35, steer
age, $27, including everything as above.
Return
Brinckerhofl, Turner
tickets
at
reduced rates, available
through England and France. Steamers marked thus
(•) do not (arry steerage passengers.
For passage and freight apply to
Co.,
UOUIS
Manufacturers and Dealers lc
very
DERERIAN,
Agent,
COTTON SAILDUCKj
And all kinds of
.Wed., August 8. 5 P. M.
Vci.,S Dt.4,11:3 • A. M.
Wed., Sept 11, 4:30 P. M.
PRICE OF PASSAGE IN GOLD (including wine;:
To Havre—First cabin, $ 100; second cabin, $ 5; tuiri
cabin, $35; steerage, $26—including wine, bedding anc
SODA.
..I
-COTTON CANVAS, FELTING DUCK, CAR COY
ING, BAGGING. RAVENS DUCK, SAIL TWINES
&C. «• ONTARIO ’ SEAMLESS BAGS,
AWNJNG STRIPES.’
Also, Agents
55 Broadway.
Atlas Mail Line.
States
Bunting Company.
A full supply all Widths and Colors
Vo.
109
nnanp
always in stock.
Street.
BI-MONTHLY SERVICE TO JAMAICA, HAYTi
COLOM BIA and ASP1NWALL. and to PANAMA and
SOUTH PACIFIC PORTS (via Aspinwall.)
Fiiet-claes, full-poo eied, Lron screw steamers, from
Pier No. 51. North River.
For Kingston (Jam.) and Hayti.
ATLAS
August i9 | ETNA..
.-eptember 19
For Hayti, Colombia, Isthmus of Panama and South
Pacific Ports (
\«oiuwn» ;.
ALPS
August 31 | AILS A
September 14
(superior firet-cluBs passenger arcouimoo n.
P1M, FORWOOD
co.. Agents,
No. 56 Wall treet.
ntainlng350elegant rooms
telegraphic Indicator, v^lh
oi • r, baggaue and valise
ooms, where all parcels can
left f-ee; e,evator; cate
tnd r- 8tau>ant supplied with
nd elevated raltroa i to ail
a
•
’he best; cur*, m
depots.
W if, GARRISON, Manager.
George A. Clark & Bro.,
y/TRAOEX*
Wire
Rope.
of
Hosiery,
shifts and
Drawers
From Various Mills.
NEW YORK,
& 45 WHITR Stt?BKT.
PHILADELPHIA,
15
BOSTON,
CHAUNOZY ST,
J W. DAYTON, 2SU CiLiisraux Street.
period
same
$2,565,890 27
Expenses...$947,923 86
The
Company has the following Assets, viz,:
United Stat©3 and State of New York
Stock, City, Bank and other stocks.$10,565,958 00
Loans, secured by Stocks and oiherwise
1,163,200 00
Real Estate and claims due the Com¬
pany, estimated at
Premium Notes and Bills Receivable.
Cash in Bank
;....
617,436 01
1,764,393 63
255,364 02
...
Total amount of Assets
Six per cent. Interest
$14,366,351 66
on
the
certificates of
outstanding
profits will be paid to the holders
thereof, or their legal representatives, on and after
Tuesday, the 5th of February next.
outstanding certificates of the issue of 1874
will be redeemed and paid to the holders
thereof,
or their legal
representatives, on and after Tues¬
day, the 5th of February next, from which date all
interest thereon will cease. The certificates to be
produced at the time of payment and canceled.
Upon certificates which were issued for gold pre¬
miums, the payment of interest and redemption
will be in gold.
on
the net earned
By order of the Board,
superior quality
J. H.
HOISTING PURPOSES, isdiced Planes, Transmission
CHAPMAN, Secretary.
of
Power, &c. Also
i
van’zed Charcoal and BBror
chips’
ships’ Rigging, Suspension
Bridges, Derrick Guy8,Ferri
Ropes, &c.
A large stock
constantly on hand from
which any deBired length
are cut. FLAT STEEL AND
IRON ROPES for Mining
manufactured
to
TRUSTEES:
J. D.
Jones,
W. H. H. Moore,
Charles H. Russell,
David Lane,
Daniel S. Miller,
Josiah O. .Low,
Royal Phelps,
C. A. Hand,
William H. Webb,
Francis Skiddy,
.
AND
December, 1877.... $4,902,331 08
duiing the
Returns of Premiums and
suitable for MINING AND
DHLWAR O’S H ELIX NEEDLES.
400 BROADWAY, NEW YORK.
Atlantic Co ton Mil)?,
Saratoga Victory Mfg Co.,
Life
with Marine Risks.
Prt miums marked off from 1st Janu¬
STEEL AND CHARCOAL
IRON
ORGANIZED APRIL 12™ 1842
F O It
upon
Fire disconnected
Forty per Cent, is de_
premiums of the Company
for the year ending 31st December, 1877, foi which
certificates will be issued on and after
Tuesday, Hie
7th of May next.
JOHN W. MASON & CO.,
43 Broadway, New York*
Washington
Chicopee Mfg Co,,
Burlington Woolen Co.,
Eller ton New iHiIJs,
nor upon
$6,751,028 44
A Dividend of
purposes
order.
E.R.Mudge,Sawyer&Co
*,040,362 61
No Policies have been issued
dared
Miscellaneous.
HOTEL.
’.ankers. Brokers, Merchants
n<i the traveling public will
nd attached to thi« Hotel,
AGENTS
January, 1877
.
»
Grand Union
$4,710,665 83
Policies not marked off
on
The
.
United
cember, 1877
Premiums
ary, 1877, to 31st
sail from Pier No. 42 North River, foot of Morton st..
*V LLE DE PARIS. Pantelli
...
4
Premiums received on Marine Risks
from 1st January, 1877, to 31st De¬
Losses paid
HAVRE.
Calling at Plymouth for the landing of Passengers.
The splendid vessels on tills favorite route, for the
ContineE.t—v:ti.ilns provided with electric bells—will
PH R - CAR BOX ATE
&
France.
to
BETWEEN
NEW
Co,
New York, January 25, 1878.
Trustees, in conformity to the Charter of the
Company, submit the following Statement of its
affairs on the 3tst December, 1877:
Total amount of Marine Premiums.
The General Trans-Atlantic Company^
Mail Steamships,
CO., of China,
Insurance
The
Risks,
MANUFACTURERS OF
The
LINE,
EAST.
by
John Dwight & Co.,
No.
Mutual
RELIABLE
OSILV
104 IVall St., New York.
-
street.)
1st
Kong Kong, Shanghai, Foochow and
Canton, China.
OLYPHANT
■
ALL
MERCHANTS,
REPRESENTED
Warren
ot
State-rooms and tickets FOR EITHER LINE secured
at 363 Broadway ana at all offices of Westcott’.-*
Express
Company. Also tickets sold at all hot-u ticket-offices.
Frelgnt, via either line, ta en at reduced rates.
D. S. BABCOCK, President.
L. W. FILKINS, General Passenger Agent.
Post Office Box 2,631.
&
(foot
OLD
FOR
BOSTON.
Olyphant
River
STONINGTON
MERCHANT,
Exchange Place,
North
Passengers arrive in Boston at 7 A. M. N<» interme¬
diate landings between New York and Providence.
AGENT,
S. W.POMEROY Jr.. 105 Water St.. N. Y.
Charles E.
THE
OF
1MS&1
MlrToRft
lsslltF.S.WINSTON,PRESIDENT
U£S EVERY APPROVED DESCRIPTION 0f
.
LIFE and ENDOWMENT POLICIES
ON TERMS AS FA VORABLEA S THOSE OFANY OTHER CO.
lASHASSETSME $80,000,000.
Charles Demis,
Lewis
Curtis,
James Low,
Gordon W. Burnham. 1
William Sturgis,
William E. Dodge,
Thomas F. Youngs,
John D.
Hewlett,"
Adolph Lcmoyne,
Charles P. Burdett,
Alexander Y. Blake,
Robert B. Mm turn,
Charles H. Marshall,
Robert L. Stuart,
James G.
Frederick
Charles D.
Chauncey,
George W. Lane,
DeForest,
Leverich,
Horace Gray,
John Elliott,
Edmund W. Corliefi,
Wi liam H
Fogg,
Thomas B.
Coddington,
Peter V. King,
Horace K. Thorber.
J. D;
William Bryce,
JONES, President.
DENNIS, Viee-President.
W. H. H. MOORE, 2d Vice-President,
A. A. RAVEN, 3d Vice-President.
CHARLES
@FedFRASER