Full text of Commercial and Financial Chronicle : August 24, 1878, Vol. 27, No. 687 [Copy 2]

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xmtlt
HUNT'S MERCHANTS' MAGAZINE.
ftEPRBSENTING THE COMMERCIAL

VOL.

NEW

27.

AND INDUSTRIAL INTERESTS OF THE UNITED STATES

YORK, AUGUST
Financial.

Financial.

THE

*

National Bank-Note Co.,
OFFICE, No.

1

52

1859.)

STREET,

TTALIi

Plate Engraving and Printing:

Ht«el

BANK NOTES, GOVERNMENT AND
CORPORATION BONDS,
CERTIFICATES OF STOCK, BILLS OF EXCHAKGE
POSTAGE AND REVENUE STAJIPS,
IWPRLETART AND TRADEMARK STAMPS,
.

Style of the Art,

the Highest

Mlci^uards

t)

prerent

with

Acconnts and Agency of
and individuals received upon favorable terms.
Dividends and interest collected and remitted.
Act as agents for corporations in paying coupons
and dividends, also as transfer agents.
Bonds, stocks and securities bought and sold on
commission.
Sound railroad and municipal bonds negotiated.
Funds carefully Invested in Western farm mortgages, and the interest collected.
J.

N. PXTTT.

Petty & Bostwick,
BROAD STREET, NEW^ YORK.

Gonnterfeltine and

SECURITY FLA TB PRINTING.
SAFSTr TINTS.
SAFBTY PAPERS.

RAILWAY, COmnERriAI. AND
GENERAL PRINTING.
RAILWAY TICKETS in ONE, 7 WO, THREE or
MORE COLORS atut aumbtrul ContemUvely.
NVMBERED LOCAL AND COUPON TICKETS

BOSTWICK.

S. B.

Member N.T. Stock Exchange.

special

13

Stocks, Bonds, Gold and Government Securities
ttought and sold for cash or on margin.

Southern and Western State, Municipal and Railroad Securities made a specialty.
Mining Stocks bought and sold at New York and
San Francisco Exchanges.
Correspondence solicited.

sue, Pittent, Style or Device,

WITH STEEL PLATE

Au P.

PoTTCB, Prest.

Sji.it't,

.

$400,600
200,000

given to COLLECTIONS, and
prompt remittances made on day of payment.
Boston baslaess paper dlscoanted. Correspondence
Special attention

I

&

Co.,

BAKKKRS AND BROKERS,

•«

BROADWAY, NEW YORK,

SXAUSS IK
Ftrat-Class Investmeiit Securities.
GOVERNMENT BONDS, STATE, CITT, COUNTY,
RAILROAD ft MISCELLANEOUS SBU0RITIK8
Bought and Sold on Commission.
Virginia Tax-ReeeivaUe Coupom Sought.

mOUTSERN SECURITIES A SPECIALTY.
LOANS NEGOTIATED.

A. H. Brown
7

&

Co.,

Bankers and brokers,
W^aU St., Cor. New, New York.
INVESTMENT SECURITIES.

Charles G. Johnsen,

aERCHANT AND BANKER,
KBIT OBIiBAHS

Tievr

I

f*8«nt».

Issue Commercial and Travelers* Credits available
any part of the world. Draws Exchange, Foreign
and Inland, and makes Transfers of Money by Telegraph and Cable. Gives specUl attentisn te Gold and
Silver Bullion and Specie, and to California Collet

in

tlons and Securities ; and arranges to pay Dividends
on such securities at due dates.

Bankers, London,

do
de

SMITH,

PAYNE

SMITHS,

ft

UNION BANK OF LONDON,

do

New York, The BANK of NEW YORK, N J Ji.

NEW YORK,
ISl

BOSTON.
TO

Pearl Street.

&

GOSSLER

sute Street

Co.,

COBBKSPOKDKNTS OF

International Bank of Hamborc and
Iiondou, (Limited.)

purchase and sale of STOCKS,

BONDS and GOLD

for cash or on a margin.

Investment Secnrltles For
P. O. BOX 2,M7.
A.

M. Kioon.

C.

Sale.

&

Co.,

York.

Francis,

&

70 Broadway & 15

New

St.,

New York

Transact a General Banking Business.

•

STOCKS, BONDS and GOLD Bought and Sdd
Commission, and carried on Margins.
Deposits Received and Interest Allowed.
Accounts of Coantrj Banks and Bankei* rt

tW

celved on favorable terms.

W.MoLBLUur. J«.

Oilman, Son

&

Brothers

BANKERS,
IVall Street, New

Trask

York.

r»D.

WXliSTOK H. BBOWK.

Co.,

A.

BBomr.

Walston H Brown & Bro.
.

BANKERS,
CEDAR STREET,

eZ

BANKERS,
34 Pine Street, Ne'W York.

In addition lo a General Banking Business, bay and
sell

Government Bonds and Investment Secnrltles.

Kountze Brothers,
BANKERS,
13 TTALI.

world; also. Time and Sight

Bills

Peck, Gilbert
St.

EXcnAN<ih

on a mafKtn of

on the

UNION

&

Co.,

(near Wall),

NEW YORK STOCK

perctnt. if desired.
KqunI attention given to small and lareelnvestmeats.
Any information given personally or by mall, I'lrstclass references.

RAILROAD SECITRrnBS.

&

Hatch

BAltK or LONDON. Cable Transfers made.

No. 16 Broad

SPECIAL ATTENTION GIVEN TO THE NBGOTIA
TION OF

NEW YORK, BANKERS, No.

STREET,

StocV. booeht and sold on the

I.A.

"

BANKERS AND BROKERS.

BANKERS AND STOCK BROKERS.
les qratisr sthket

CHRISTENSBN,
'ENSBN,

CHARLES W. CHURCH,

WALL STREET AND BROADWAY,

Issue Letters of Credit, available In all parts of tba

Special attention to boalness of coontry banks.

3,SOO,000

C. T.

47

Transact a General Banking Business, inclndlng the

'.oTited.

R. A. Lancaster

(Invested in

U.S.Bond8)

CAJ> Co.
BANKERS,
COR. OF

Capita],

Surplus,

McKim

Maverick, National Bank,
Sarplna,

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

HAMBURG.

Phii.lipb, Caahler.

BOSTON

OF SAN FRANCISCO.
New York Agrency, C2 Wall Street.

HOUSE IN EUROPE,
JOHN BERENBERG, GOSSLER dc CO

TINTS.

J. H. VAN ANTIVERP, Pres't.
J. JSACDONOUGH, VIce-Pres't.
A. D. SIIKPARD, Treasurer.
JNO. E. CURRIER, Secretary.

i

The Nevada Bank

York.

Banks, Corporations,

Alterations.

Any

BANKERS,
William Street, New

Co.,

firms

NEW YORK.

687.

Financial.

&

Paton

Jesup,

(INCORPORATED

NO.

24, 1878.

Foote,

12 W^ALI.

8TBKBT,

BUT AKD SBLL
QOTERNMBKT BONDS, GOLD, BTOOSB
MI8CBLLAME0U8 BBCDBIXnW.

AXO

FOR

Choice County Bonds

OF INDIANA,
(WHERE NO COUHTY

IS IS

DEFAULTS

ADDBXSS

:!

SmiTH

ic

HANNAinAN,

I2<yB8TINa AQKirrd,

mdlanapoU*.

:

THE CHRONICLE.
Canad'an Bank§.

Canadian Banks,

Bank of Montreal.

Imperial Bank of Canada

Foreign Exchange.

&

Morgan

Drexel,

Co.,

WALL STRBET,

Capital, $1,000,000.

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

CAPITAL,
SURPLUS,
Drexel, Harjes & Co

CORMEB OF BROAD, NEW YORK.

&

Drexel

Co.,

NO.S4 SocTH TuiBD

I

St..

Pbiladelptala.

31

HaMsmann

Boulevard

DOMESTIC AND FORKION BANKERS.

ATTOEN1T8 AKD AGBlfTB OF
& CO.,
neurs. J. 8.

noROAN

Na n OLD BROAD

Brown

ST..

LONDON.

&

Brothers

N*. S9

WrALL

ST., N.

Co.,
r.,

Uflae,agaUst casta depoBlu d, or satisfactory gaarantM of repayment. Circular CrcJlu for Travelers, In
doUars for use In the United States and adjacent
coontrles, and In pounds HerHng for use In any pan
of the world.

THKT ALSO ISSUE CCMNfEKCIAL CREDITS
MAKE CABLE TUANSFERS OF MONEY BETWEEN THIS COUNTRY AND ENGLAND, AND
DRAW BILLS OF EXCHANGE ON GREAT
BBITAIM AND IRELAND.

&

"sTG.

G. C. Ward,'
AOENTB FOB

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

J.

&

&

Stuart

BANKERS, LONDON

HAHCHESTER Sc COUNTY BANK,
"LIMITED";
JOHN STUART dc CO., Bankers,
MANCHESTER, PAYABLE IN LONDON
ULSTER BANKING COIHPANV,
j

NATIONAL BANK OF SCOTLAND.

Bny and

sell Sterling

;

on and malse collections In Chicago and throughout
the Dominion of Canada.

London

Office,

BANKERS,

for Tmrelers.

Payable to any part of Korope, Aau, Africa, Anatrallt
ad America.
Draw Bills of gxcliange and mate telegraphic trans
fers of money no Rnronn and CaUfnm ift.

&

John Munroe
No.

Co.~

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

MUNROE

te.

PARIS.

CO.,

BTXBLtNO CHEQUES AND BILLS AT BLXTT
DAYS' SIGHT ON
ALEXANDERS ic CO., LONDON.
ClBOFLAK NOTBB AND CHIDITS FOE TBAVILEE8.

Knoblauch

&
NEW

Excbanse

&

Co.,

ICO Pearl Street, Neiv Tork,

K RDON

lesKTS rox tbs

AND RANSBATIO BANK,
(UxmO.-liONDOII,

WILE IE, Castale;

THOMAS, INGERSOLL, WELLAND.

Dealers in American Currency and Sterling Exchange-

Agents In London
BosANQUET, Salt & Co.,

Lombard

93

|

|

street.

Agenta in New York
Bank op Montreal,
Wall

59

|

street!

Promptest attention paid to collections payable In
any part of Canada.
Approved Canadian business paper, payable In gold
or currency, discounted on reasonable terms, and
proceeds remitted to any part of the United States by
(fold or currency draft on New York.

The Bank of Toronto,
CANADA.
Capital,

Reserve,

$2,000,000.

HEAD

$1,000,000.

1 ORONTO.
Hvgh Leach, Assr. Cash

OFFICE,

Duncan Coulson, Cashier

;

CoUingwood.
ANKE KS:

London, Englani>.— The City Bank.
National Bank of Commerce,
w„TTT
EW VrtDKN
1 OEK. i ^.
p smithers and W. Watson.
j
Collectionsmade on the best terms.
,

Forclsii

AVALL STREET.

No. Sa

Commercial Credits Issued for use In Europe, China,
Japan, the East and West Indies, and South America.
Demand and Time Bills of Exchange, payable In
London and elsewhere, bought and sold at current

Baiikcr§.

Banqiie
Centrale

Anversoise,

rates; also Cable Transfers.

Demand

Drafts on Scotland and Ireland, also on
Canada, British Columbia and San Francisco. Bills
Collected and other Banking Business transacted.

D. A.
W.\I.

MaoTAVISH, Agents.
....,,
}
LaWSON,

Antwe rp.

I

Paid-Up Capital,

The Canadian

Bank

\YALL STREET.

Capital,

$6,000,000 Gold.
$1,000,000 Gold.

Surplus,
Buys and

Sells Sterling

Exchange, and makes Cable

Transfers of Money.
Issues

Commercial Credits available everywhere.
H.

GOADBY.f^*™'*-

Merchants' Bank
OF

CANADA.
Capital,

.
$5,461,790, Paid Up.
JOHN HAMILTON.
Vice President, JOHN MoLENNAN, Eb(J.
.

HEAD

Jon.

Dan Fuukmann, Jr. (Joh. Dan. Fuhrinana).
Webkk (Kd. « eber & Cle.)
(C. Schmld & Cle.)

Ixiuis

Jules Rautenstralcu

TRANSACTS
GENERAL BANKING

Manager.

BANKERS.
LONDON, ENO —The Clydesdale Banking Co.
NEW YOKK-The Hank of New York,
N. B. a1

BANKERS

COniniSSION nERCHANTSr
AMBTERDAM, HOLLAND
N. Y. Correspondents.— Messrs.

Henry

Natlon.al Bauk of tUc liepuullc.
The New York Agency buys and sells Sterllne Ex-

change, cable Transfers and Gold, issues Credits
available Iq all parts of the world, makes collections
In Canada end elsewhere, aid Issues Drafts naynble
litany of the otilccs of the bank In Canada
Demand
jrafts issued payable In Scotland and Ireland, and
every uescrlptlon of foreign banking business undertaken.

wlHi

]tle«8rs.

No. S^ ^Villlam

St.,

JESUP, PATON & CO.

Exchange Bank
HEAD

Up

Pres't.

$1,000,000.

C.

P..

King

S.

BROS. * CO

&

Co.,

BANKERS,
4S Pall IQall, London, Englaud.
Issue

CIRCULAU NOTES

free of charge,

txtilM^

In all parts of the world.

Grant

COMMERCIAL CREDITS

for ose again*

Consignments of Merchandise.
Kxecnte Orders on the London Stock Exchaag".

Make Collections on

all

Points.

Receive Depotli

General London and Foreign Banking Buslneai.

OFFICE, MONTREAL.

GAULT,

BLAKE

and Cnrrent Accounts on favorable terms, and do

OF CANADA.
Capital Paid

A

BUSINESS.

Adolph Boissevain & Co.

OFFICE, OTONTREAL.

New York Agency,

9,000,000 Francs.

Felix Grisar, l*re8ldent.
Alfred Ma<jcinat (Graff & Msqulnay). Vlco-Pres.
J. B. Yon teb Becke (B. Von der liccke>.
Otto Ghnther (Cornelllc-David).
Emu e de Gott^l.
.^D. Frank (Frank, Model dc Cie.)
Aug. Notteboiim (Nottebobm Freres).
Fb. Dhanis (Michlels-LooK).

.

Hon.

GEOHGE HAGUE, General Manager.
WM. J. INGUA.M, Asst. General

-

BOARD OF DIRECTORS

Commerce,

of

No. 60

KING, BAILLIE & CO., Liverpool.
NEW TORK CORRESPONDENTS,
.neasra.

MOKKAY, Cashier.

WARD, C/VMPBKLL &

O".

Boston Bankers.

BRANCHES:

Chas. A. Sweet

&

Co.,

bankers;

AGENTS:
QUEBEC

NOVA

(CITY) .-Owen Murphy.
BCOTLA.-Merchants' Bank of Halifax.

of Europe.

SPECIAL PARTNER,
Berlin.

Amsinck

li.

Platie,

DEUTSCHE BANK.

G

D.

Barrle, St. Catharines,

ailOLTOS, ONT.; ATtMKB, OST.; PakK HlLL, OuT.;
Bbdfobd, p. q.

YORK.
Make Telegraphic Money Transfers.'^
Draw Bills of Exchange and Issue Letter! of Cndn
all principal cities

;

OFFICE, TORONTO.

Branches at Montreal, Peterboro, Cobourg, Port Hope

Bank of British
North America,

Lichtenstein,

St., cor.

BEAD

B

M. H.

RANKERS,
%9 WUIIam

No. 9 Bircliln Lane.

AGEKCV OF THE

President, the

tone Letters of Credit

Exchange, Francs and Cable

Transfer*; grant Commercial and Travelers' Credissue drafts
its, available in any part of the world

CABLE TRANSFERS AND LETTERS OF CREDIT

t9 K.VCHANGE PLACE,
CORNKU BROAD STREET. NEW TORE.

»„.„.,
Agents.

>

{

Waltbb Watson,

ALSO,

&W. Seligman&Co.,

HO WLAND, President

ST.

General Manager

C. F. Smitiiebs,

J.

BELFAST, IRELAND
AND ON THK

J.

ANGUS,

NEW YORK OFFICE,
69 Sc 61 lYALL STREET.

Nos.

Co.,

EXCHANGE ON
&. SmiTH'S,

BILLS OF

S.

:

J.
83 NASSAU STREET.

SHITB, PAYNE

,

President.

R. B.

Depoalta received subject to Draft. Secuntiee, Gold.
Interest allower
Ac. boUKht ani sold on Cornmlseion.
on iJeDOSlts. Foreign Kichange. Commercial Credits
Circular Letters for Iravelers.
Cable Transfers.
available In all parts of the world.

H

BbanCHBS :— ST. CATHERINES, PORT COLBORNE,

QEORQB STEPHEN,

Parl».

I

XX\U.

fVoL.

FOSEION AGENTS:
LONDON.—The Alliance Bank

state street, boston.

dealers in government

(Limited).

NEW YORK.-The National Bank of

40

State, City,

secu-jities, oold
County and Railroad Bonds.

Commerce.

Messrs. IHlmers, McGowan &
cniCAGO.—Union National Banlc.
BUFFALO.— Bank of Buffalo.

Co.

and American Exchange bought and sold.
on Dnnoplts.
ColleoUonj m»de prompt!/ and remitted for at
low-

Parker
BANKERS,

Sterling

Interest allowed

eat rat«s

Bny and

78

&

Stackpole,

DEVONSHIRE STRKK'f
BOSTON,

Sell

County Bonds.

IVeatera

,

City

and

S

Ausrvr M,

THE CHRONICLK

1878]

OMOEOi H. Holt,
Member N. V. stock Kxchinge.

BALLon.

The Bank of Calirornin, 8an Francisco.
Capital, Paid up is Q.ild,

Geo.Wiii.Ualloii&Co
WALL 8TRKBT,

8

New

DKVONSUIBB

IS

ST.,

Laidlaw

AND DKALKRS

BANKERS,

IN

AGENTS FOR TUB BANK OF CAUFORNIA,
No. 12 Flue St., New York.

Municipal Bonds.

&

Brewster, Basset

Co.,

cliaise

0O^GKE8S STREET,

35

Konton. !*!«.
DeftKn

in Stoclu, Bauds,

Receive deposits and transact a general banking
business ; execute orders at tho N. Y. btock Bxcbange
for Stocks, Uovcrnmcnt, Stale, Municipal and Rail,
roarl Bonds and Gold.

Partlcnlar attention Klwen to the pnrand sale of ninlne Ntocksi In Man
Franclsico, Tur n-hlcli wc have tbe beat

BANKERS,
7<io.

Co.,

8c

Oold uti Uommereld

Grant

nicllltles; alro all other CRiifornla Securities.
Issue Bills of Exch^n^o. Letters of Credit an i i elegraplilc Transfers on London, Yokohama. Shanghai.
Qong Kong, Honolulu, Virginia City and San Fran.

Orders ezesated on CommlMlon at Broken
Aaotioos.eod Private Aa\e*

T H K

Board

Anglo-Californian Bank

InTeetoieBtSflcnrttlefConstantlrnn h\ni!.

&

Pliila.

LONDON, ncad omc'C, 3 Angel Court.
SAN FRANCISCO Offlce. 423 CallTomia

K. Si'TOtx
J. B.

BAI,TIIK.OKE.
mVESTMKNT and VIKOINIA 8KCURITIB8

a

specialty.

CorrespoDdence

infomatlon

and

solicited

•Ithed.
N. \. CoRREflpowpKHTS— McKlm Brothers

f*o.

Austin,

Bell

J.

*

far>

STOCK BROKBR,

«08 WALNUT I'LACE (316 WALNUT
PUILADEI.PIIIA.

FKKD'K F. LOW,
i Uanaaers
IGNATZ 8TKlNHART,i'''*°*»""'
L'LIENTHAL Cashier.

Bankers

ST.),

Orders In Stocks und Bonds promptly executed at
he PhlUit>ln ila hdJ New « ork Hoards.

Southern Bankers.

J.

S.

45 WALL STREET.
IN SPECIE AND UNITED STATES
SECURITIES. Buy anil sell SUicka, Bonds, and Gold
for cash or on nmrKln. 8t». clal attention paid to
ordera for Investments

DEALERS

KXfCUTED AT THE PHILADRLPmA
AND BOSTON STOCK EXCHANOEli

OltDERS

Geo. H. Prentiss,

41 CEDAR, COU. WILLIAM
Neiv York.

&

Thos. P. Miller

Co.,

BANKBR8,
nOBILB, ALABA.VA.

U'lLTIINUTiUN,
-Coliectiona

mane on

all

Fi.

Capital, ¥500,000,

Houston,
We ^Te special attentioD
ftlble

Texas.
to collections

on

all

B. F.

WKEMS.

F. PiSZXL,
President.

•C.

STATE BANK,

I

I

Incorporated

)

lini.

)

C. T. VaLKXB
Cashier.

German Bank,
lilTTIiE
-CAPITAL

$75,000.
25,000.

(PAiB-ra)

Prompt attention

our line.
N. T. CoBaRHPONPE.s'Ts. Donnetl, Lawson A Co. and
Metmnnlltftn
National
Bank.
-the
irlven to all business In

O F KK

RE.VI.
'

'i'.'

I

I!

S F

O

li

S

A

I.

K

ESTATE FIRST mORTGACE
COUPON BONDS,

'.nunts of (l.tWd and upwards, yielding EIGHT to
pur cent seiiil-annual interest, and negotiated
1^1) tlUKOUSCS of

and

Interest allowed on deposits.
Investments carefully attended to.

i;.siiaW.TUKVKTTA KATTIS, Champaign, IU.
J.I i:MIaM it ru/.I-RYS, CouneU llliitrs.lmoa.
LI IIMIAM it IIHYKK, arinntU. loxca.
LLliSlIMl. 'jRMSBY <k CO., EmmMaburg, Iowa.
All thetie loans are ear-fully made, after persodal
Inspection of the security, by members of tne above
firms, who, Uvintt on the ground, know tlie actual
value of liinds and tlie character and riesponsl.
biutv of tiorruwtTx.-and wliose experience in the busl.

nesa for thevust stXTBEN YE AliS has enabled
to give enure satisfaction to inrestora.

them

TO LOAN ON APPP.OTED SECURITY

BOX

IN

10 TO 12 Per Cbkt Ouarantked.

FOR SALE.
D. H.

TALBUT,

General Land, Scrip and Warrant Broker,

Sioux City, lovra.
Reference.— First National Bank. Sioux city. Iowa.

inANCHES'ffER

Works,

Locomotive

MANCHESTER, N. H.
ARESTAS BLOOD, Wr. G. RIEAN8,
Treasuicr,

Superintendent,
Manchester, N. U

40

Ouvrages sur

Water

street,

Boaton

Bourse

la

2,Jn.)

Com

kills.

d'Alph.

COURTOIS

kils

Tralte elcmentalre des Operations de Bourse
Chanite.

N. T.

Beers, Jr.,

Brooklyn

Stocks,

GAS STOCKS,

^H

IN

IOWA, NEBRASKA AND DAKOTA.

Fire Engines,

FOREIGN EXCHANGE AND GOLD,
63 Wall Street, New York.
(P. O.

Bonds.

MANUFACTURERS OF
LocomotlTes and Amoakeae Steam

Oolcl,

BROKERS

& Vincenncs

Miscellaneous.

Transact a general banking and brokerage business
in Railway shares and bonds, Qorernment securities

\

t.i

Pacific KullroAO Uorms.

Union & Logunanort Bonds.

No. 16 Wall Street.

[Established 1854.]

mercial

CHAI«rPAIGN, ILL.,

[Est^ibllsbcd 18ni.]

Kansas

Co.,

Special attention paid to the ncgetiatlon of

A. C. Burnham,

Bontbcm Railroad Bonds, all kinds.
Toledo Logansport& Bnrllnfftoa Bonds.

Choice lot of Land^i In different parts of the
West. Also, Western Securities. A Choice Investment. Address, for full particulars.

HilmerSjMcGowan & Co

ROCK, ARK.-

rSuBFLCe

&

UK8CR1PT10N8.

WANTED.

Gwynne & Day,

accea*

Cashier.

DEALS IX

First-Class Investment Secnrities,
ClXr B0ND8 OF ALL KINDS.
Razlboad lioxDs AXD SOUTHERN Ssouamss or

A

R. T. Wilson

STREET, N£l¥ YORK,

\VAI.L

and Equip-

BANKERS AND COMMISSION MERCHANTS,
2 Exchange Court, Nenr York.

points.

DiKBCTOES.— lienjamln A.Botts. Prcs't; C. 9. Longcope, W..I. Hiu:nln8. F. A.Klcn, C.C.Ilaldwln, W. B,
BEN J. A. BOTTS, Prest.
Botts. Rob't Brewster.

1:

All business relating to tbe Construction

ment ot Railroads undertaken.

€.

IIOVSXON,

See quotations of City Railroads In this paper

Wanted Money

PITISDUKOH, PENN.

parte nf the United Stater

TUB CITY BANK OF

NEW YORK.
CITT RAILROAD STOCKS & BONUS
BOUGHT AND SOLD.

AND TUB

A. K. WAIJCXB,Ca8Uet.

National Bank,

First

H. L. Grant,
BROADWAY,

No. 145

India? apcpUs

Edgar Tliompson Steel Co. (Limited),

I. B. Bbrrcss, Pte«'t.

Brooklyn Securltlea Bonarht and Sold

JOHNSTOWN, PEAN.,

Corrp*pon(1onta. — German American Bank, New
fork; l^uUlaaa National Bank, New Orleans; Bank

BROAD 8TRXBT.

GAS STOCK

AI.I.

Cambria Iron Company,

faymeat.

9t XJverpoul, Liverpool

ST.,

Bny and sell Railroad Investment Securities. Colect Coupons and Dividends. Negotiate Loans and
draw Bills of Exchange on London.
Agents (or the sale of ST£EL RAILS made by the

Special attention paid to collections, with prompt
«fml(tan':es at current rates of exchange on day o<

30

23.

Co.,

BJNKERS AND HIERCHANTS,

R «. WlIMikMS. JMO. W. MILLBr,
CHA8. B. UlLLSB.

TH08. p. UlLLBE.

Room

18

&

bubumbmuitdt

o. r.

Albert E. Hachfield,

anti Brokers.

Kennedy

BmaSTLBB.

Jonw RnBr* blo.

A SPECIALTY.
St.

Transact a general Banking business. Issue Com
mercial Credits and Bills of Exchange, available in all
parts of the world. Collections and orders for Bonds,
Stocks, etc.. executed upon the most favorable term..

P."W.

J.

O. Bt.

Haar & Co.,
BANKERS AND BROKBBS,

Agents, J. & W. Seli?man& Co.
Authorized Capital, • • $6,000,000.
Pald-np and Reserve, - 1,550,000.

I3ANKBK8 AN'U UliOSEIiS,

Obaxt.

nAAB.

Co., NEW YORK

&

Wilson, Colston

WALL MTRBBT,

TRANSACT A ORNKRAL BANKINU HUtlVKM.
STOCKS BOUUUT AND SOLO ON .^•MMUUUII.
INTEREST ALLOWBD ON OF.P08IT8.

(LIMITED),

Baliimorc Bunkrrs.

Company,

0ANKBR8 AND BROKKKB,

No. 88

Cisco.

paper.

&

Brokers.

$.1,000,000.

WM. ALVOUD, President. TI10MA3 BUOWS, CashV.
B. MUKRAV, Jr., Aast. Cashier

Boston,

Vork,

BANKIvRS

Bankcn and

California Banks.

Boaton Banker*.
Mo. W»-

iU

WALL STREET.

6e cdllion,

remanlee et aagmeniee.

1

rol. la

13,

e&de
4 fr.

Manuel des Fon<is publics et dea Societe* par actions.
"e edition, completement refondne, 1 Tol.ln-ia,8fr.
Tableaux des plus bants et plus has ounramei.welsdM
Rentes

francalses, et

valeurs cotees a Parts,

annnela dea prlnoipatM

Lyon

et Marseille,

d«

l)«T

a

IBTJ.

J.

Alden Gaylord,
83 Wall

New York,

St.,
DRAI.RB IN

Atlas c«rUnne,M(r.
BIstoIre de la Banque de France et dea princlpales Instl'Uttons francalses de credit depala I1W,
1 vol.

grand

In.ao, 7 fr. SO.

Cbez Garnicr frereS, edllenrs, *. nia des Salnta
ST. LOUIS CITY dc COUNTY BONDS
AND Al,L CLAHaBt, OP
Ouillaamln et Ce, editenn, 14, roe do BlcheJiea
INVESTMENT A MISCELLANEOUS SECURITIES Peres
ohet I'Antenr me Sollet, Ho. i.
on
Keters by permission to W. 8. Nichols * Co, BanKen
:

A

THE CHRONK^LE.

IT

[Vol. XXVII.

Financial.

Financial.

Financial.

KANSAS CITY

Mortgage
Fire Insurance Company Water Works Loan. Seven Per Cent Bonds
op THE
OF HAMBUKG, GERMANY.
ROCHESTER & STATE LiINE
20- YEAR
CMh Capital, fally paid
RAILWAY COMPANY.
»6a5,000 00 SEVEN PER CENT GOLD BONDS
op (gold)

Hamburg-Magdeburg

766,3T7 84
Caab Awet
Total Liabilities for ReInanrance Reserve, Unpaid Losses, etc^_-^ - - 131,1»7 94
NEW YORK TBUSTEES:
CHS. E. KNOBLAUCH.
of KKOBLiDOH & LtOnTKSBTMS.
Of C. A. AoFFMOBuT & Co.
3. T. DBGENER
Ot KBSKELBEEO 4 CO.
ASOLPH KSOLEB

New York,

Atignst, 1878.

fully complied with the laws of the State
York, and deposittd with the Insurance
Department at Albany $270,000 in United Stales
bondB, this Company is now prepared to accept
inmrance at current raes.

HetIdk

of

Kew

or THE

NATIONAL

NEW TOSK
42

FARMERS' LOAN ^k TRUST
NEW YORK, TRUSTEE.

STREET.

UNION TRUST
NEW

OF
-

^2^

-

CO.
St.

Transfer Agent nnd
Registrar of Stocks.
Authorized by law to act as Executor, Admiulstrator. Guardian, Receiver, or Trustee, aad is a

DEPOSITORV FOR MONET.

Interest allowed on Deposits, which may be made
and withdrawn at any time.
N. B.—Checlis on this institution pass through the
ClearinKHouse.
KING, Fresident.
J. M. McLean, 1*( Vice-President.
Wm. Whitewbight, ill Vice President.

STOCKS

EXECUTIVE COMMITTEE.
M. McLean,
AtJGCSTUS SCUELL,
E. B. Wesley,
G, G. Williams,

J.

H.

The

Samuel Willets,
WM. WhITKWRIGHT,
Geo. Cabot Ward,
Thsodoee Roosevelt.
OGIIiVIE, Secretary.

STOCKS

tratar.
It can act as agent in the sale or management of real
Mtate, collect interest or dividends, receive registry
ao^ transfer books, or miike purchase and sale of Gov>
ama. but and ether securities.
BellgiouB and charitable institutions, and personi
nnaecustomed to tne transaction of business, will Und
tlila Company a safe and convenient depository for

RIPlkV RDPKS.PresIdent.
CHAS. R MARVIN, Vlce-Pres t.
Mdoam U. CiTLLaii, Counsel.
TBU8TBB8:

money.

Henry Banger, Alex. McCue,
Chas. R. Marvin, A. A. Low.
nomaa Sullivan, Abm. B. Baylls, Henry K.Sheldon
U.B. Plerrepont, Dan'l Cbanncey, John T. Martin,
Ataz. M. WUte, Josiah O. Low. Ripley Ropes.
Autln Corbin. Edmund W. Coriies.
Wm. B. BUNKBB, Secretary
J. B. Bockwell,

Cent.

lU..

20

Defaulted

COUPONS

due Aug.

KEI.BBIBR

Commerce,

>

BANKII.R3

AND

1.

Yorlr,

1878,

BROKEttS,

!^T. LOVIS.
•fyrences.—Messrs. Clark, Dodge A Co., Speyer
Mow
York
K.
W. Clark & Co*. Philadelphia.
fs..

1878.—The
certifi-

BEOWN &

BRO.,

34 Pine Street.

of the

)n.,..w<.™
VlLL/\kD,fK«'=e''^«"-

10, 1877,

agreement for

R.

STONE,

Chairman of Committee Extension Bondholders.
Augusts, 1878, 46 Exchange place.

New York,

pHICAGO &

RAILROAD

AI,TON

Chicago, August

14,

1878.-

has this diy been declired upon

Common Stock

of this

street.

New
will

the Pre-

Company, payable

Company's Agents, Messrs. JESUP,
William

DREXEL, mORGAN &

Office of the

PATON &

CO.,

York.
be closed on the aoth

Inst,

and reopened 8 eptemlier stb.

CO.,

Corner Wall and Broad

liriNSI.O\ir,

I/ANIER

dc

Sts.

CO.,

Comer Nassau and Cedar

Sts.

CHICAGO & ALTON RAILROAD
six Per Ct. Gold Sinking Fund Ronds,
UNITED STATES TRUST CO., Tkcstbs.
Pree of

all Taxes, imposed or to he imposed.
1903. Interest payable May 1 and Nov. 1.
bonds are a direct obligation of the Cnicago
A Alton Rli., and have a first lien over the Cnicago
Eaiiras City & St. Louis RR.— 162 miles— In Mlseourl.
They are recommended as a safe and aesirable la-

Bonds due
The^-e

vet- tment.

Forealeatpar^nd

Interest.

JEM7P, PATON
No.

S8

CO.,

tc

WILLIAM STREET. NEW YORE.

NOTICE.—

THREE AND ONE-HALF PER

on the 4th day of September next, at the

52

a Eecurity of undoubted character.

having been signed

given that all other bondholders who desire their
bonds represented by the Committee in the proposed
purchase of the road must tigo the agreement of July
10, 1377, and send it with their bond, and $5 assessment on each bond, to the Union Trust Company, 73
Broadway, N Y., before the 6th d»y of Sept. next.

ferred and

FOR SALE AT 101 AND INTEREST.
We recommend these bonds to investors desiring

re-

by more than the requisite majority of bondholders
the same is declared binding, and notice is hereby

of

11,000 EACH; REGISTERED
BONDS OP $5,000 EACH.
ARE SECURED BY A FIRST AND ONLY
MORTGAGE ON ALL THE PROPERTY OP THB
COMPANY IN THE STATE OP PENNSYL-

OF

INDLANAPOLIS BLOOMINGTON

& WESTERN RAILWAY CO.-The

COMPANY,

AND SEPTEMBER; COUPON BONDS

"VANLA.

14.

GREELEY,

THE HOI.DERS OF EXTENSION

BONDS

The Transfer Books

A

32,

of the bonds and

Sept.

HENRY

rpo

Aug.

be paid at the National Bank ot

will

ew York,

r. S.

No.

CO.,

Sc

H.

Delaware and Hudson
Canal Company

UNION PACIFIC RAILROAD, EAST-

DIVISION,

CENT

Bonds.

nnusned.

P. F.

New

Nassau Street,

Cash Dividend

Special attention given to Compromising, Fnndlnir
Baying or Selling ^Issourl County, Township
and
h -."u
MunlcTpal Defaulted lionds.
Holders ana dealers would consult their Interests by
•onferrlog with us. Reliable Information cheerfully
'

WALSTON

SON, FIRST inORTGAGE, 40-YEAR, 7
PER CENT BONDS.
No. 7 PINE STREET, NEW YORK.
jyOTICE, — OFFICE OF THE RE- PRINCIPAL DUE 1917; INTEREST, MARCH

SUMNeR

3;lali Invenments ABaoLUiELY
SAFE IN any
COSTINQKNCY, addresn. for circular-" Actuary of
KANSAS, MlSStfom & CENTltAL ILLINOU LOAjI

Company at par, in order to
secure a shorter line for a coal supply, and upward
of one hundred thousand tons of coal per annum
will pass over this road to the city of Rochester
alone. The local business is very large, a^^ the road
passes through thirty towns between Rochester
and Salaman' a, in which there are eleven flouring
mills besides varlcua other manufactories.
The
net earnings of the road are more than double the
interest on the bonds. The bonds are a first mortgage lien, at the rate of $20,000 per mile, uuon the
rO'd arid its equipment.
We have sold over
$450,(100 of these bonds, and have only a limited
amount left for sale, at DO per cent and accrued
Capital Stock of the

of

ADRIAN B. MITLiLER &

OLD AND TRIED.
^ Bond*, Blocks, SAVINGS BANKS EVEN, prove
kl1««l« reeds. The old CKNTUAL ILLINOIS LOAN
AQKNC7 stands nnmovt;d amidst the storm. If you

upward of 65 cars if oil per day pass over the
road. The company is under the same control as
the New York Central, and is already earning a
surplus over the interest on its bonded debt. The
City of Rochester invested a large amount in the

BONDS,

AlVD

organization dated July

John P. Ralfe,

WVX." jAeuOKTILLX.

all classes

WEDNESDAYS AND SATDKDAYS.

EKN

cbarter tosct
SB receiver, trustee, guardian, ezecuior or adminis.

A Solid Ten Per

of

OH

cates of the

& Clinton sts., Brooklyn, N. Y.

Company is authorized by special

The EochesUr ct SlaU Line Railway runs from the
City of Rochester to Salamanca, in the State of New
York, a distance of about 103 miles. It paaaes

interest.

KKGULAR AUCTION

hold

undersigned

CEIVERS OF THE KANSAS PACIFIC RAILWAY,

The Brooklyn Trust Co.
Cer. ot Montague

BONDS

and

SALES

No.

This

CO.,

At Auction.

KDWAHD

J.

&

DOi\l«ELI., LiAWSOlV

HAS SPECIAL FACILITIES FOR ACTING AS

I.EGAI.

Interest.

No. 92 Hroadway, New York.

$1,000,000.

-

.

Par and Accrued

net earnings are largely in excess of the
interest charges, and are constantly increasing.
We recommend these bonds as a perfectly safe and
very desirable InveBtment.

YORK,

No. 73 Rroadfrar, Cor. Rector

CAPITAL,

Price,

CO.,

The

OFFICE:

44 PI.\E

Jk

COMPANY,

WORKS

WATER

SECURED BY A SINKING FUND AND BY A through the rich valleys of the Genesee and
Wyoming, ar d forms the connecting link between
FIRST AND ONLY MORTGAGE CPON THE
the New York Central and the Atlantic & Great
WATER WORKS ERECTED AT KANSAS CITY.
Western, making it the shortest and most direct
April
Interest
1894.
Principal Dne
route for all the i^ew England business coming
Bonds,
Coupon
and October.
from the Sonthweetern States. A pipe line for
$ 1 ,000 Each. Can be Regtransporting petroleum oil has been conairucted
istered, If Desired.
from the Bradford Oil Regions to Salamanca, and

WIIiLIAin F. HEINS, Manager.
WJn. E. GOODKIDCliE, Asst. Mau'g'r.
lVo§.

First

WANTED.

Northern Pacific RR. Preferred -took and Bonds.
Oregon Steam Navigation Co. Stock.
ClaliQB on Jay Cooke & Co.
Texas Pacilic RK. Land Grant Coupon Bonds.
Jefierson. Maoleon & Ind. kR. Ist and 2d Mort. Bondf
SauduBky Mansfield & Newark RR. Bonds.
City, County and Town Bouds of Ohio, Iowa & Wis.
LoiiifViiie* Nashvi le RR. Stock.
Fort Wayne JacK. & saginaw itK. Bonds.
Interest-paying Bonds of Southern Railroads.
Cairo & Fulton R'^. Bonds, all Issues.
Kansas Pacific Railroad Bonds, all Issues.
Jersey City and

WA.

FOR

SALE.

New Brunswick 7

per

bonds. 18*7.
St., N. Y.

ct.

R. DT1.EX, 31 Piu<
Pine

;

_

WANTED:
Booth Carolina

Jk

Loolslana

Ronds;
V Orleans Jackson
&
Northern.
Central, and mobile
State

'*soti.«l|>ni

Gt.

Ohio Railroad Rouds ;
nty of New Orleana Ronda.
A.

I4IITX

W. M. LARRABBE,

Secretary.

OFFICE OF THE

* PORG,
mftJkUknmm,

II.I.INOIS GENTltAL U ilLROAD COMPANY, New York, Aug. 1'
1878.-A Dividend of THliEE (S) PER CEN t has been
declared by this comoany, payable on the 2d day of
September next to the holders of the capital stock of
the company, as registered at the closa of the 14th day
of August, after wlilch and until the 5th day of S«pMmber. tke transfer books will be closed.
L, T. F. BAJSOOLPH, TrSMirit,

E

S.
7

Baileij,

FINE STREET.
Dealings to

Insurance
A

Stocki

SPECIAJLTY.

Cash paid at once for the above SecsriUes ; af

WUl Do

»«ld

OS cowiotsslos,

at ssUsr't oyttoiii

'

MM

'

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

VOL.

SATURDAY, AUGUST

27.

CONTENTS.
THE CHRONICLE.
Santogn

liailronn Conferencea. .. 18S United States Treasury Statement 169
Legal Statu' if ho Silver Dullaiv. 188 Latest Monetary and Commercial
How the Berlin Treaty May Affect
Enslish News
190
the Dull Times
1871 Commercial and Miscellaneous
Th- Who t Crop and Its Prospects
News
192
for a Market
)88
I

i

'

NO.

24, 1878.

687.

larly who habitually denounce the railroads, and can
never see more than one of their managers in Saratoga at one time without inferring that some dire
combination against the producing interests of the
country is being attempted.

'

THE BANKERS' GAZETTE.
Maney Market, U.

8.

Quotations of Stocks and Bonds... 196
New York Local Securities
197
Investments, and State, City and
Corporation Finances
198

Sccnrities,

Railway Stocks, Gold Market,
Forei:;n Eschsnge, N. Y. City
Bonks, Uuston Banks, etc

19<i

THE COMMERCIAL TIMES.
Commercial Epitome
Cotton

JOl
SO!

BrcadstnlTs

206

l

I

Dry Goods
Imports, Receipts and Exports.
Prices Current

The COMSfKRCiAL AND FINANCIAL CHRONICLE IS ismcd <m
day morn in ff, with the

latest

news up

to

30?
203
809

Satur-

midnight of Friday.

TERMS OF SUBSCRIPTION-PAYABLE

I

..

IN

ADVANCE:

For One Year, (inclndiuR postage)
$10 20.
VorSix Months
do
6 10.
Aanoal subscription In London (inclodlne postage)
*2 6r.
Six mos,
00
do
do
1 7s.
SnlMcnptions will be continued until ordered stopped by a written order, or
at li* puoheaUon office. The Publishers cannot be responsible for Remittances
Ittless made by Drafts or Post-Ofllce Money Orders.

London
The London
Street,

office

of the

where subscriptions

Office.

Chroniclb
will

is at No. 5 Austin Friars, Old Broad
bo taken at the prices above named.

Adrertlsementa.
Transient advertisements are published at 25 cents per line for ear h Insertion,
but when definite orders are given for five, or more, insertions, a liberal discount is made. No promise of continuous publication in the best pluce can be
riven, aa all advertisers must have equal opportunities. Special Notices in
Banking and Financial column 60 cen' s per lin-^. each insertion.
wnuAM B. DASA,
B.
& 00., Fabliihen,
loan e. Fwro, ja. f
79 & 81 WUliam Street,
YORK.
I

WILLIAM

DANA

NEW

Post Officb Box 4592.

EF* A

neat file-cover is furnished at 50 cents; postage on the same is 18
Volumes bonnd for snbscribers at $1 50.
fe^~ For a complete set of the Cohxkrcial akd PiSAHriAi. Chroniclk—
July, 18«5, to date—or of Hunt's Mbrcuants' Maoazine, 1839 to l67l, inquire

cents.

The system of " outside" ticket agencies and of encouraging sales by paying commissions is one of the devices
for attracting business

which have gradually grown up
from small beginnings, under the pressure of
competition.
Originating in the action of some road
which hoped thereby to catch some business it might
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 conclude that under no circumstances can it bring in more
into vigor

than

it

Of

costs.

not suffer

course, the ticket-selling interest will

be annihilated, without first making
resistance, and the public should understand that the
benefit of succeeding in the attempt will not fall to the
roads alone. In the very few cases where an actual
service is performed, both to the public and to the comitself to

—

peting company as where a steamboat carries passengers direct from Brooklyn to depots on the Hudson river

—a commission on tickets

is reasonable; ordinarily, howinasmuch as the companies must maintain their own
ticket offices, the service rendered by those which it is
proposed to abolish is only nominal. It is obvious that

ever,

the gain, competitively speaking,

would be unaffected

by increasing or diminishing the number of offices

to

any

extent, so long as the companies all kept abreast with

at tBa office.

one another in this sort of effort; there is, to be sure, a
advantage to the public in point of convenienoe,
financial Interests In
but this advantage, whatever it is, the public hare toSARATOGA RAILROAD CONFERENCES.
pay for, there being no suspension here of the general
The conference of railroad managers, in session this rule that the consumer pays all costs, whether occurring
week in Saratoga, has unanimously adopted a series of by advertising expenses or otherwise.
resolutions declaring that "the practice of paying comThe point we would make is that all efforts to practice
missions on sales of railroad tickets is demoralizing to economies by railroads are not merely the dictate of
employes and useless to the public;" that "it entails necessity, but are for the public interest. These econoenormous lo.sses upon companies and should be discon- mies have been largely tried and found practicable
tinned;" 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 fronf 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
jOnoonJition that no company be bound by its assent fact that the operating expenses have been reduced more
tnless all its competitors also agree to the same. Whether than the receipts. The public are interested in low rates; .
the moveimnt to abolish the system of ticket oommis- next, in uniform and evenly maintained rates; and in the
HT" The Buainew

,

Department of the CaiioNici,K is represented amone
New York City by Mr. Fred. W. Jones.

slight

'

liouB

and outside ticket offices

will

be successful, remains conservation of railroad property, representing thousMda

to be seen, for in the practical difficulty of securing
general agreeinent thereto there is chance enough for a

of millions.

become

It

is

natural to prize lightly

so accustomed to that

we

what we havo

think of

it

as pari of

Utch; nevertheless, the movement is commendable, and the order of unchangeable things ; but Buppoa« vm
i% ought to bo noted as lacb by thoge persont particu- reflect a momant on the condition w^ich woold ftUoir

;

:

THE CHRONICLE

186

certainty and moderate prices for freight." This is
palpably true, for the uncertainty about transportation

even upon
the general suspension of railroad facilities, or
Let
mails.
of
the loss of a single one, the carrying
impossible
it
make
else,
granger legislation, or anything
and where
to operate any road except at a constant loss,
nor
argument
neither
needs
therefore
?
It
should we be
antagonism
no
be
can
there
that
show
to
illustration

between

railroad

interests

charges, in these times of close margins in business, has
a discouraging effect when added to the other uncertainties, and, in the long rnn, more than offsets any tem-

porary gains by shippers.

and producing interests

thrive without the other, and neither can
the
thrive tipon the other; what hurts or helps one does
are
this
realize
to
fail
who
men
to the other. The

neither can

same

The Illinois Cencertainly not the railroad mana^iers.
away the road
take
farms;
of
number
made
a
tral has
and the farms would return to the value and utility
they had as prairie; destroy the farms and the road

wouH

[Vol XXVII.

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
At least, there is nothdesired rather than condemned.
watching
in the present discussuspicious
ing to excite
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,

wither.

easy thing to assert publicly so long as they merely conserve railroad property and
about a table in Saratoga, do not inflict any wrong upon the public.
sitting
men,
that four or five
interests of the country
producing
great
the
with
play
combined fiat, the value LEGAL STATUS OF THE SILVER DOLLARS.
their
by
alter,
and
stakes,
for
as
On the 25th of July a circular was issued by the
of property and the prices in markets. This might be
true, if the men referred to were omnipotent, and if they Director of the Mint, in response to inquiries concerning
controlled anything else than their respective railroads the value of the Mexican silver dollar and the terras on
and those except in a limited sense. Grant their dispo- which it is receivable. Quoting section 3,584 of the
" no foreign gold
sition to extort the utmost possible out of the industry of Revised Statutes, which declares that
shall
be
a
legal-tender
in
the payment of
silver
coins
or
limits
of
the
fixed
are
restricted
to
and
they
country,
the
what »» possible; suppose they care for nothing but debts," the circular proceeds to say that the Mexican
themselves, they do care for themselves and are too dollar circulates as money only by consent and at whatshrewd to strike at what produces their own incomes. ever rate may be agreed upon; that its value is regAs an independent proposition, the bitterest of all who ulated by that of its bullion contents, then worth abont
inveigh against monopoly, without taking pains to in- 90"8 cents gold per piece; that the United Slates trade
-quire what is monopoly, ought to be able to see that if dollar, not being a legal-tender, falls under the same
Mr, Vanderbilt or Mr. Scott should impose prohibitory rule; that the trade dollar and all foreign silver coins
rates the result would be that cars would run half- are purchased at the Assay oflice in this city and the
There can be no reasonable objec- Mint in Philadelphia, "at the equivalent of the London
filled or not at all.
tion to railroad combinations, of whatever number or rate for silver bullion on the day of purchase, less onecharacter, so long as their result is neither extortionate half cent per ounce of fine silver contained," the coins
rates nor any injustice of treatment. Whether this is the thus bought being melted and assayed and the seller
result, is a question of fact and the only important one. paid, in standard silver dollars, for the fine silver con-Mr. Vanderbilt affirms that it is not, saying, in his letter tained; but that "the standard silver dollar, being a
of June 26: " The only danger that can be urged against legal-tender for all debts, public and private, is received
" the pool is that it may establi>h exorbitant prices, but at par at all Government offices in payment of dues, dif"this is impossible; the public have become used to very fering in this respect from the Mexican and trade dollars,
*'
low charges and will submit to no other. The best which are not thus received."
" skill, the most prudent management, the utmost good
This circular is clear and full in its statement of the
"faith, cannot provide for more than barely living position of the Government in the matter, but a number
" prices; the whole effort of the pool cannot raise and keep of letters of complaint and remonstrance having been

Yet

is

it

a

common and

" 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

*'

High

live.

*

*

*

received, the acting head of the

on the 14th, an extended
public.

The

letter,

i

;

i

1

I

Mint wrote in response,
whioh has since become,

trade dollar was, as our readers are aware,

rates in the future are utterly impossible."

Un- intended for export, chiefly to China, that country pos^luestionably he is right in saying that " if reasonable sessing no mint and depending upon foreign nations for,
" and living rates of transportation could be maintained its coinage. Prior to 1873, the Mexican dollar formed
^' and the investors in railroad
properties receive a fair the chief coin for shipment to China, and the trade
" return, it would be much better for the whole country; dollar was authorized for
the purpose of competing
"
if there were only two rates during the with it, and was
*
*
*
therefore made a trifle more valuable
*' year
a summer and a winter one and all shippers knew than the Mexican, "thus not only affording a market for
" what to expect and were uniformly dealt with, it would "
the surplus silver of the mines on the Pacific coast hnt
" add immeasurably to the prosperity and stability of our "
furnishing merchants and importers from China with
" commerce."
" silver in a convenient form for payment for commodi-i

—

The

—

ttuih

—

is
as has been often urge* in these columns
legitimate interests are bo interlocked and
interdependent, that it is impossible for the rest to thrive
at the expense of one, and when one important interest

—that

all

unduly and long depressed the fact is proof that someis wrong.
Furihermore, the greatest bane in this
country is the instability of the conditions und. r which
is

thing

busiueas

ia

carried on

;

we plunge from

hot water to

"

ties."

At

an ounce

in

that time, silver being about 59 15-16 pencEl
London, this dollar was worth 10347 cents
in gold, and during 1873 it averaged 102-3 cens ; it wail
therefore effectually kept out of circulation. But when
silver afterwards fell and the trade dollar began t(;
appear in circulation in the Pacific States^ by a joirnj
resolution, July 22, 1876
silver being then at the lowesi
price ever known, 46.| pence, and the trade dollar wortlj
80'70 cents Congress abrogated its legal-tender qualityl

—

cold and back again, after enduring a
lukewarm term
like the present j^etween.
"What the people want is the act of 1873 having

—

made

it,

in

common

with

tbi

AU0D8T

THE CHRONICLE.

24, 1878.J

fractional silver ooinB, legal-tender

procoedH to say

up

to $5.

The

letter

dispatch

is

187

correct that the total

must have been

is

$35,059,360, there

$1 1,378,010 coined during the fincal year

;

" Under tlie ('oln»Ke set wliicli authoriiad the com»ge of trido
doposltorg of silver bullion
doUtrs thfBo pieces were coined for
'<"• coinage, at a rate not to
,t thr iiiintH, HDd a cliarso lii>P"«'3
by
of mauufacturo
excofd til" iictiml cost lo tlio (Jovernmont
could have tlie same coined
thin act any owner of silver bullion
or
paid
out
They, therefore, w. re not influed
into tradn d.-llars.
obligations, or exchanged for
by the Oovernment in payment of
;

..,..,,.

just ended.

The

rate of coinage increased yearly

early coinage, of course,
possible to ascertain

country, although

went to the East, and

how mnch

it is

of the total

is

it

;

the

is

im-

within the

probable that the bulk of it is of
about two-thirds of

issues since the resolution of 1876,

other iiion y.
" Ihe Plnndard silver dollar and silver fractional coins are
for that
coined from silver bullion purchased by the Government
parpnse and on its own account, and are not coined for depositrade dollar, which was so
tors, differing in this respeit from the

the whole having probably been put out since then.

readily seen that whenever tlie price of silver fell
the trade dollar, added
to a point at which the bullion value of
less than its face or
to the cost of coinage to the depositor, was
nominal value, it could be placed in circulation at a proBt by
Bpcculalors. to the extent of its lega'-tender.
,
.
,
^
'•
The joint resolution repealing the legal-tender of the trade
Treasury
to limit its
the
of
Secretary
empowered
the
o
al
dollar
eninaue to the actual export demand, but this was uoi sufflcient
divertto prevent depo.-<itor8 of silver for returns in these coins
ing them from their true object and placinjj them in circulation,
and their coinage has since been entirely suspended by order of

ard dollar, piece for piece; this latter course will probably bo proposed to Congress next vinter, unless the

"

It

may be

the -ecretary of the Treasury.
"Most of the pieces in circulation east of the Rocky Mountkins have been coined and pi iced ia circulat on since the passage
of the ac'. repealing the legal-tender of the trade dollar.
" It cannot therefore be rightfully charged ' that the Government has perpetrate! a swiudlo 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 keep the trade
dollar in its lawful and proper channel, and that from ignorance
of the law relative to this coin, parties have taken them in ordinary business transactrons when they could have been lawfully
refuted.

At to-day's London quotations for silver bullion, 52| pence
nearly two years,
1 er ounce Brii^h standard, the lowest price for
the trade dollar is worth as bullion 90'4 cents per piece."
"

also urged,

is

and with some reason,

It

appears to as,

it

matter of equity, Government ought to take
at par, or at least to exchange them for the stand-

that, as a

them

all

price of silver changes in the interim,

and

it

is

the one

which, under the circumstances, ought to be adopted, for
the sake of innocent holders who have taken these coins

knowing only that they bear the Government stamp, which, by the theory of these days, is held
to be potent to "make" anything a good dollar on which
as "dollars,"

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.
To receive the trade dollar for the standard one, at
Government offices, will end the trouble; but how could
clearer and more public testimony be given to show the

unnecessary muddle into which the folly of Congress
has brought the coinage ? In retiring the trade dollar
the Government will " father " a dollar which it never

To what extent the trade dollar has been used in a issued, legally speaking, and never intended for circulaway buying it, approximately, by weight, tion. Government will also give the less for the greater,
and replacing it in circulation by tale there are no although the difference will be less than exists under
means of knowing. Its oirculation, as will be apparent the present arrangement for buying bullion; speaking
Bpeeulative

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
millions of the new " standard" dollars have been coined

—

February while but 8 millions of the " dollar
only a
of our fathers" were coined, from 1793 to 1873
little more than one million of them have as yet been got
into circulation and their appearance in retail trade is

since last

—

approximately. Government will then give an 88-cent in

exchange for a 90-cent dollar, piece for
it only offers to pay 90 cents for the

now

cent dollars.

piece,

whereas

latter, in

88-

The immorality, the sharpness, and the

confusion in the matter, grow out of the coining of the
new standard dollar; and yet, if the Bland bill had not

been made over by the Senate there would be a mnch
worse condition, for the bonanza people could then have
not at all common. The Government is entirely free had their 88 cents of silver turned, free of charge, into a
from fault as regards the trade dollar, for it will be full 100-cent dollar of unlimited legal-tender quality,
noticed that its action was simply this: to convert, into and consequently, according to the theory, as " good " as
trade dollars, for its owners, any silver bullion pre- gold. Now we have the gold dollar, the standard, good
sented, at actual cost, leaving the parties receiving

them

and for its face, the world over next, the paper
worth here nominally about 99J cents; the
received them uor paid them out, simply stamping and trade dollar, not legal-tender, but calling itself a dollar and
returning them. By the same abused act of 1873, which popularly understood and accepted as such, worth about
"demonetized" the old 41 2|^ grain dollar by omitting it 90 cents; lastly, the new standard legal-tender dollar,
from the list of coins, the trade dollar was both autbor- worth about 88i cents. For this wretched confusion the
ized and was made legal tender; but no wrong was done remonetization, which added the last coin, is responsible;
by this, because it was then worth more than 100 cents but as things are, the best course to take is to retire the
and the subsequent decline of silver was not foreseen. trade dollar, thereby, perhaps, opening a way for the
The law contemplated the exclusive use of the coin in new, long-desired dollar of the fatherc, which was so
export trade; at least once before the present time, upon treacherously and secretly abrogated in 1873, to leave
to dispose of them as they could;

Government

neither

as such

;

legal-tender,

appearing that the .supply exceeded the demand for the vaults of the Treasury, where it persistently remains.
was suspended. Obviously, Whether the siher inflationists will learn anything by
Government had no power to control the course of the the result of their crusade remains to be seen; meancoin, and in abrogating its legal-tender quality as soon while, if possible, the confusion of various and varying

its

that purpose, the coinage

was opened, and now in suspending " dollars" should be lessened by retiring one of them.
all which could be demanded.
THE BERLr^TBEA¥Y~MA T AFFECT
Still, the question remains, what is to be done with the
THE DULL TLMES.
liable
are
trade dollars, which are now at a discount and
Among the many causes which have operated to bring
to become a nuisance.
Some urge that Government is
commercial depression,
legally bound to redeem, at their face, all dollars coined about the existing world-wide
assigned to the wars
be
must
before July 22, 1870.
There were coined, in 1874, an important place
Europe, and to
desolated
have
years
1(3,588,900; in 1875, $5,697,500; in 1876, $6,132,050; in which in recent
armies, which
standing
huge
of
influence
1877, #9,162,900; and if the statement in a Washington the depressing
as another nse for

its

it

coinage, has done

HOW

THE CHRONICLK

188

even in peace times have been maintained at a high
standard and at an enormous cost. Within a comparaon
tively brief period four great wars have been waged
on
reflect
but
to
have
we
and
the European Continent;
of
conduct
in
the
expended
money
of
sums
the large

[Vol. XXVII.

aud possibly Austria has underrated the strength of the
opposing forces. Bosnia, however, will be brought to
submit to the will of the Congress; and if Austi-ia
should be found unequal to the task alone, Germany
It is feared by
will be ready to lend the needed help.

lending encouragement to the
may lead to fresh comsentiments
or
even
the conduct of the
The
plications.
form
ened periods, from active production, to be able to
are
of
no
account
in the premises.
Government
Turkish
comand
trade
efifects,
on
an idea of their injurious

those wars, on the actual destruction of property, and on
the skill, energy and enterprise withdrawn, for length-

merce generally. And such has been the unsettled condition of Europe that even the intervals of peace have
brought but little relief. It has been deemed necessary
by all the powers to maintain continuously extremely

some that the Sultan

is

insurgents, and that bis conduct

Opposition to the treaty of Berlin would but hasten
doom of Turkey in Europe. All things considered,
we are justified in concluding that the Berlin Conference
the

has given the prospect of a peace to the nations of
In the absence, therefore, of Europe which it is not unreasonable to hope will be
actual warfare there has been the war attitude; and, on lasting.
All causes of quarrel having been removed, and the
the part of some of the powers, there has practically
for the practice of economy being imperious,
armies
necessity
The
aggregate
of
the
expenditure.
been the war
large standing armies.

of Europe on a war footing would probably exceed five
millions of men. The aggregate on a peace footing,

would scarcely be

less

than half that number.

It is

it

is

surely not too

armaments which

it

much

to expect that these costly

has hitherto been

deemed

necessary

and that the skill
well as the money, thus

to maintain, will be greatly reduced,

which and energy and enterprise, as
wasted will be directed into productive channels. Such
" bloated armaments," have had in paralyzing trade and a diversion of active force, as well as capital, could not
industry.
fail to have a most healthful effect on all branches of
For the first time in many years we have the prospect trade and industry.
of a general, well-secured and satisfactory peace. The
CROP AND ITS PROSPECTS FOR
peace of Europe was not secured by the expulsion of THE
A MARKET.
the Anstrians from Italy. It was not secured by the
Western journals have for some weeks past been pubhumiliation of Austria at Sadowa. It was not secured
by the defeat of France at Sedan. Not one of those lishing articles, in which they have endeavored to
Tiotories 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, upon
treaties of 1815 were 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 many cases by
ment of 1872 had the effect of more than restraining the sections in which they were published, or by the
for the time the hand of war. The treaty, however, bias of the writers.
Certain leading facts, however, are
which has so recently been concluded at Berlin, partakes admitted on all sides. And 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 general 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 promoting a higher
and all, have become sick 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 sown to wheat, for
by heaping fresh burdens upon the already oppressed both winter and spring growths. We see that one
people, and with trade and industry paralyzed, to most of authority estimates that the acreage was increased i^
the governments peace has become an absolute necessity. million acres, or 15 per cent, over the previous year.
Nor. can it be denied, whatever may be said otherwise This is exclusive of the Pacific Coast, where there was,
of the treaty of Berlin, that it has removed all imme- a year ago, a comparative failure in the crop.
diate causes of quarrel. There is no longer any openly
There ought to be, under ordinary circumstances, as a
avowed bad feeling between France and Germany. The natural result of this addition to the area sown to wheat,
relations existing between Germany and Russia, and be- a great increase in the
yield. But just here come in some
tween both of these powers and Austria, are of the most other admitted facts which
will modify this conclusion.
satisfactory kind. Great Britain and Russia have composed The crop of
wheat raised last year in the United States,
their differences and 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. It was not
impossible, in fact, to exaggerate the influence

these frequent and most destructive contests, and these

WHEAT

The Eastern question no longer
and for the carrying out of the new arrangements in Eastern Europe, not one but all of the powers
are more or less directly responsible.
Russia and Austria are but giving effect to the will of the
late Congress; and as they are answerable for the manner
in
which they execute their task, so have they a right to
Asiatic Continent.
exists;

only exceptionally large in quantity, but of very fine
quality.
More of it graded Ko. 1 than No. 3. In most
of the sections where
grown,
winter wheat is
the season was generally good for maturing and gathering the crop, but it was not so uniformly good as last

We

want no better evidence of this fact than is
presented every day on our Produce Exchange. Very
much of the winter wheat is so inferior that it will not
year.

demand assistance, if assistance is necessary. For this
reason we make little account of the difficulties
which grade No. 3, but goes as " rejected" or " ungraded;"
Austria has been experiencing in Bosnia. The resistance
and much of that which seems to be properly matured
of such a people as the Bosnians,
was to be expected is so damp and soft in condition that it cannot be sent

—
A00U8T

THE CHRONK^LE

34. 1878.1

forward in sail vessels but mast be shipped by steamers.
Wa.conflcqaently have quotations of " Steamer No, 2"
and " Sail No. 2." This is very different from the state
of affairs last August.

Further,

with

its

it

seems to bo admitted on

all

intense heat and violent storms,

sides that July

was very

injur-

A

189

we have lesa to spare. Oar yield of winter wheat is
greatly increased, but its quality is not so good ; more
will bo required to produce a given quantity of flour;
and there is every prospect that the surplus wilt all be
wanted at full prices. It is true, we have heretofore
found a Continental demand a very fitful and uncertain

leading
ious to the growing crop of spring wheat.
that
notwithstanding
however,
contended,
writer has

basis of values.

the damage then done, the yield of spring wheat is
But this conclusion
greater in quantity than last year.
generally accepted, one authority putting
is not

quarter

The wants of the Continent may be very
and yet the demand from that

large in the aggregate,

may

cease altogether for considerable periods;

but there would seem to be little reason to doubt
that our surplus may all be disposed of at within ten
the yield at only 12^ 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 testimony 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 cause at times
of winter wheat is much larger in quantity but much a lower range of values, circumstances which are

—

promote speculation to an unusual extent and
lead
to
wide
fluctuations. In this connection the annexed
in
both
quantity
deficient
and
quality.
is
spring wheat
The Pacific Coast has greatly increased its yield, and we comparison of prices is interesting:
PRICES or n.ouR akd whzat at nkw tobk,
have heard no complaints of its quality; bo that alto1877.
18T8.
gether our exportable surplus will undoubtedly be
Angnst 17.
Aagait SI.
Flonr— Extra State
increased.
perbbl. t& M®8 85
$4 0004 25
Western Winter ExtTM
5 S5®7 75
4ssasu
In one respect we are fortunate in the matter of suppoorer

in

quality than last year, and that the crop of

likely to

Wheat— No,

a Spring

perbnshel.

3S&1 45

1

IS^t 14

1

compared with last year. We have in store and
Red and Amber Winter
130^148
lOOOl II
White
1 40®! 50
1 lOdl 23
in growers' hands a considerable quantity of old wheat
Last August we had very little,
of excellent quality.
UNITED STATES TREASURY STATEMENT.
and that was inferior. There are, therefore, no urgent
needs for home consumption to be supplied before we
The following statement from the office of the Treasarer for
can respond to calls from shippers. There is, besides, July 31 has been issaed this week. It is based upon the
actual returns from Assistant Treasurers, depositaries and superlittle inducement in the general situation for growers to
intendents of mints and assay offices. The delay in issuing it
hold back their crops for higher prices, and the new
arises from the time taken in fretting returns from distant offices.
LIABIUTIES, nJLT 3t.
winter wheat is being marketed with the greatest freeCoin.
Currency.
dom. For the crop year ending the first of August, we Fund for redemption of certificates of deposit,
8
%
JaDe8,I873
51,580,000 00
exported from ports of the United States about a Post-offlce Department account
l,747,31t 9Q
hundred million bushels of wheat, including flour Disbursing officers' accounts1,333,921 02
4 81,333,921 04 coin,
Treasury
offices
ireasuryomces
reduced to wheat. We may have for the year just
10,3534.^9 70 car..
i3,ioo,»io at
National banks
S. 744,607 70 cor., f
begun one hundred and twenty millions, but the increase Fund for redemption of notes of national ba ks
"failed," "In liquidation," and "reducing circuin quantity is practically reduced somewhat by the
lation"
9,r77,8« 00
plies as

-j

deficiency in quality.

what may we consider
the prospects of the markets for wheat during the coming 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 compensate her for any deficiency there may be in the yield of
spring wheat in our Northwestern States; for she is the

With

these facts admitted, then,

principal buyer of our surplus of spring wheat, as it does
not seem to suit the Continental markets.
What shall be done with our admitted large surplus

of winter wheat ? It seems 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
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 exceptionally 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
;

have 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

Five per cent

Uniud

rf

I

demction fund—

St itcs notes

$1,723,594 021
9,463,374 81 (

Nat ional bank notes

11,181,968 8S

•

Secretary's special deposit account

3'65 D. C.

9,109
10.649
13,980
28,230

8'7V,038'bO

Interest ace nnt. Pacific "allronds
Comptroller of the Currency, ageot for creditors...
Treasurer United States, agent for paying interest

on

94
(n
00
00
84&,9<3«4

25 25

Currency and miaor cuin redemption account
Interest account

"64',323'66

bonds

8,489 4«

Treasurer United States, agent for paying interest
on Old Funded Debt, D. C
Treasurer Unlt.d States, CommUsioner Sinking

2,599

»
U

2,312.841

M

47,914

,

Fund,D.C
Treasurer's transfer checks outstanding—

G9'd
Silrer

'**^:8884U

Currency

2,312,843 61

&

604,82660

P. Canal Company
Interest account, L.
Fund for redemption of naioual bank gold notes..
Treasurer's general account
Special fund for redemption of
$10,000,000 00
f racUonal currency
a,>-14,689 99
OutsUnding drafts
8,963,995 B«
Balance.....

1,23UP0
1,720 00

16,S73,««(rS!('

Tressurcr's general account
Interest due and unpaid

$9,470,946
8,501,389
Caled bonds and interest
44,632,130
Coin ccrtiflcaies
143,906
Oatstanding drafts
Balance, Including bullion fimd..l60,163,19S

84
77

00
89
70
222,911,569 20
$226,787,974

ASalTS,

iWt

Coin.
$132,011,619 41

Qoldcoin andballioa
Gold hars

Sandard

Silver coin

Gold

7,7s6.Mi

silver dollars

and bullion

18,17i<,490

^.s
i',8i9.'M5 66'

00

2,647,940 00

Old demand notes
National ba k golH notes
Fractional currency redeemed ia llrer..,.
Qnartcrly interest checks paid
Coin coupons paid
Coin cou|>ons. D. C. bonds—old fund. debt.
Registered interest paid

Unclaimed Interest paid
Deficits, unavailable funds
D'l oaits huld bj national bank

depodtaries
UnitcdStates notes
rtdempUon
of
for
(Kpcclal
fund
U. S. notes

"'ilTao'oo

M

96.767
29,927 29

882.683
5.805
488,987
9:,8»4
6,7U8
90,109,557

22
00
50
60
8«
01

11.SIO0O
8,190 00
721.422 It
10,539.8 8 91
e;,l«6,8S9 19

10.000,000 00
•••

.

Silver coin received In Ilea of corrency....

Fractional curreacy..

M

Cnrreocr.

$

18,687,917 73

certificates

Silver certiflcates

fractional currency)
National hank notes

U $107,547,1891

81,

i4,ii7.aM

a

l,10T,«a9 19

99^

U.

:

:

.

:

THE CHRONICLE.

190

Interest

not™

$l,:i3S.18a 79

-•

•

XXV II.

[Vol.

Per cent.

Currency.

Coin.

Nickels and miior coins
Now York and San Francisco txcnangc
One and two year notes

Componnd

.

3

-iX
3X

190,100 00
10 &0

6\
5C5 CO
460,000 00

Annexed is a statement showing the present position of the
Bank of England, the Bank rate of discount, the price of Consols,

8,7s6'3i

the average quotation for English wheat, the price of Middling

~S-10noies pnrcbascd
Coapons, L. & P. Canal Co

Upland
tl07,547,189 3S

»8a,'i87,9r4 S3

banks

Discount houses at call
Discount nonses with 7 days' notice.
Discount houses with 14 days' notice

3'3',0fi2

Interest iinSttS DUtrict of Columbia bonds
Con(»n» Uistrici of Co umbia bonds .....
Redeimi'd ccrtif's of deposii, Jane 8, 1672.
Paclflc Hal roaii iitoicst paid

.Tolnt-stocK

3}i

No. 40's Mule twist,

cotton, of

fair

second quality, and

House return, compared with the four

the Bankers' Clearing

previous years

BlL-rKSUF ««CH.lMOiS

A.C I.Oi>IO«N

AX tATBST

AN» ON I.ONUWN

n«TBfi.

EXCHANOB ON LONDON.

&aoM

<o.6i
20.6t

Hamburg

*•

short.

..

*'

n

Genoa.
Milan
Lisbon
Cadiz
Madrid

**

27 65

**

27.65

£

£

29,S.59.906
5,2:8,3!i0

l<i,597,159
13,5 3.459

2),6ni,5rtl

21,610,781

28..181,1S1
8,6-!a,039
19,H86,f,5»

13,7811.953

15,1)17,896

17.352,42)
Other securiiies
Reserve of notes and

I8,:9J,5b7

16,161,455

14,99 l,5.H
18,1.27,319

14,967,178
18,309,896

9,902,795

15,415,077

19,876,523

12,172,603

8,602,965

28,895,902

33,802,178

26,071,658

21,780,018

58-83
2 p. c.

ay,
2 p, c,

Bombax
Sbanghal
Singapore
Alexandria

'*

Aug.
Aug.

9.

Public deposits
Other deposits

i

Aug

@J7.70
©27.10

3 mos.

"

M^

9.

short.

87.05

....

.

.

..

.

.

..

Bank

9.
8.

8 mos.

u. »y.ci.
u. sy,d.

Aug

U. Sd.

•*

U.8d.

Aug.
"
Ang.

7.

-

*.*•
*>••

3s. 9}id.-:;s.

"

**

is.
is.

**

Aug.
Aug.

..

4.83H

**

7.

9^d

-md.

10 serf.
96?i

fi.

3 mos.

6Xd.

96 «

538. lOd.

8Xd.

5)»d.

6 l-16d.

lOXd.

lOVd.

82,667,tOO

85,557,000

7J<d.
lid.
93,681,C03

LFrom our own correspondent.
London, Saturday, Aug. 10, 1878.
"I

the discount market

is still

very limited,

The

in connection with the recent P'.rtuguese loan.

GOLD.

of bills la

Germaa gold coin

77

»)^@

77
74

6

73
16
76

3}ia

foreign markets

falling off of £35.5,762 in
fore, that the

The

demand

for

"other

securities."

money

It is

is

a

evident, there-

to a large extent, precaution-

is,

and bills discounted is at a low
point, viz., £18,309,898, which is, however, about £300,000 in
excess of last year. The note circulation and the circulation of
coin have increased, owing to harvest requirements, and the total
reserve shows a reduction of £300,444. The proporiion of reserve

ary.

total

to liabilities

is

of advances

now

week and 44f per

3a°98 per cent, against 34 46 per cent last

The
autumn

..

f>i<& ....

Bank oi England for advances. The banks have, during the
week embraced in the last Bank returL, withdrawn a considerable amount of money from the Bank of England, the diminution
as £1,890,773; but there

d.

.

74 9
@73 10

®
a

—

The following

8.

@

5

SILVER.
d.
per oz. standard, nearest. 52»ii
Bar Silver, fine
Bar Silver, con'ng 5 gra. Gold.... per oz. standard, nearest. 53
per cz , nearest. 51M
Mexic.n Dol ars
peroz
..
Five Franc Pieces
Quicksilver, £7 Os. Od. Discount. 3 per cent.

much

silver

d.

B.

per oz. standard.
per oz. standard.
per oz., nominal.
peroz.
peroz.
per oz.

Bar Gold, reflnable
>pani8h Donbloons
South American Doubloons
United States Gold Coin

but in spite of this the money market is firm in tone, and the
banks and discount houses are unwillini.! to lead, except at fully
the recent advance in the quotations. Very little accommodation
is obtainable under i 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

in "other deposits" being as

95,288,000

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
The following prices
price realized being only Is. 8d. the rupee.
of bullion are from the circular of Messrs. Pixley & Abell
BarGr.ld.flne

The supply

c
«

96>i

Ail our imports of bar gold continue to be absorbed by the
export demand, and some sovereigns have been takt-n out of the

48 8^

60 days.

65s. Od.

c.

94«

92M
58s. ca.

Is. OJfd.

3 mos.
60 days.

6.

2 p.

4 p. c.

.

I

....

Aug.

463. 8d.

35'98
4 D.
94
443. lOd.

to liabilities

Bank-rate
Consols....
English wheat.av. price
M id. Upland CO ton ..
No. 40'b male twlst,rair

2d-quality
Clearing nouse return. 99,001.000

6.

«K®43^.-

.

n

....

11-16-24 13-16

£

Coin and bullion in
both departments ... 21,858,445
Propf rron f reserve

20.41
20 39
20 39
25.19
12.03

short.
3 mos.
short.

*'

47K3nX

"

Calcutta
Bong Kong...

86.

61X@5V

90 days.
3 months.

MewTortc....

short.

**

12 liW <al2.9!i
11.85 ©11.90

mouths

3

St. Petersburg.

9.

'*

S6.S7><(g.J5.«X
1-J3V (8.1^.4!,

*'

..

9.

Aug!'

^ao.es
©20.15

8061

'»

Amsterdam.
Amsterdam.
Vienna

SATS.

im

months. 2S.3IM@i9

3

Aug.

aas.is

J6.15

short.

Paris
Paris
Berlin

TUCB.

DATB.

1878.

£
a9,2.W,879
5,440,031
27, 392, -67

bills

coin

LATEST
RATI.

Tim.

OB—

1877.

£
28.fO),682
3,430,f63

bank post

Government securities.

KICHANOB AT LONDON—
AUGUST 9.

1876.

1875.

1S74.

27.85S,259
3,S61,708

including

Circulation,

(j^

....

d.
....

....

are the current rates of discount at the principal
:

Bank Open

Bank Open
mark't.

rate,
p. c.

rate,
p. c

p. c.

Petersburg

Pans

2

\%

St.

Brussels

SJtf

3@3}i

3X@8>i

Vienna and Trieste...
Madrid. Cadizand Bar-

Amsterdam

Zii

Berlin....

4

ax

Hamburg

4

4

2Si
•iX

Lisbon and Oporto

Frankfort
Leipzig

4

2\

Calcutta

celona

i>i

mark't
p.

c

4X135
*ii&i>i

6

6@7

6

t(&7

New York

8@4
4

iH
8X
The stock markets have been adversely affected by the uncerThere is a very strong
tain condition of the money market.
belief in dearer money in Stock Exchange circles, and, conseRealizations continue,
quently, " weak bulls " are anxious.
therefore, to take place, and during the week the value of most
Several new companies have
classes of securities has declined.

Genoa
Geneva

5
4

iX

Copenhagen

5

money
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
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 lately
but by checking an upward movement.
l>uring the eleven accustomed.
A loan for South Australia was tendered for on
months ended July 31, our cereal imports are estimated to have Wednesday, but the applications for £688,500 reached a total of
cost us £01,431,000, of which £30,557,782 were for wheat and only £125,300, at an average price of £95 48. The balance of
nearly £7.000,000 for flour. Last year, in the same period, wheat £563,800 remains open for subscription.
cent last year.

will be decidedly dearer in the

belief still is tha"

;

but

it

and flour £5,530,841, the totafvalue of our
£50 575,100, or £10,000,000 less than in the
current season. During the first four months of the current sea.
son, our imports of wheat cost us £13,360,700; in the second four
months, £9,965,937 and it is estimated that they will be in the
third four months about £9,331,000. In the first four months, we
were importing wheat at the rate of £40,600,000 a year; but during the last four months it has been at the rate of only £28,000,cost us £23,829,100

cereal imports being

;

000, or a difference of £13,000,000. It is fully expected that we
shall save quite £10,000,000 in the agricultural year which is

about to commence.

Although the demand for money for mercantile purposes
during the week has been very moderate, the rates of discount
are firm, and are as follows:
Bank

Per cent.
rate

Open-market rates
K"''?*-''!'?"""*"-'
lOandeOdiTs' bills
amonths'bfils

The

4

....

|
I
I

4
4

£fc

..

I

Open- market rates
4 mouibs' bank bills
« months' bank bills
4

and

6

©..1

rates of interest allowed

Per cent

montbsUrade blUs.

4

(%

4

a!'

4

(25

by the joint-stock banks and

<oant houses for deposits are as follows:

dlg-

Tenders are invited for a
municipality of Dunedin,

five

per cent consolidated loan for the

New

Zealand, to the extent of £600,000.
Of this, £370,900 are reserved for the conversion oi previous
issues, while for the remainder a minimum price of 95 is fixed.

Annexed are the
American securities
Saturday last

and the principal
market, compared with those of

closing prices of Consols
at to-day's

Kedm. Aug.
Consols
United States 6!

Do
Do
Do
Do

5-208
1867,6s

Do

funded,

Do

48

funded,58
10-40e,5s....

4X8

Louisiana Levee, 8s

Do

6s

Massachusetts 5s

1838
1894
1900
1889
1891

Do
Do
Do
Do

6s
58
58
5b
Do
5s
Virgtnta stock 6s
Do
68

Do

188!
1885
1887
1881
1904
18il
1907
1875

New

18ii5

fnudodes.......

1906

10.

Aug.
....a

3.
....

109

94K.©S4K
94i4©S4K
" @110
mi ©105

109
lu3

106!«®106-S£

106K9107Ji<

@)10
@105

107HS108

lU8i<@108K

llOJiaillX

-.11

intijiaiii7

lWi!<@107J<

li2
4J
42
105
106
106
105
105
106

102
4i
42

@107
@I08
@108
@107
al07
@I08

mi ©107

® 5?
® 52

ir«

104
105
105

2ti

13.

2r>

@.30

106
28
SO

58

57

CO

®1I2
@I04

@10«

O

3i

® 52
® 52
®108
®108
©107
@107
©108

©82
© 30
©68

.

THE CHRONICLE.

AUOUflT 84. 1878. J

!«•.

AHUUOAIf DOLLAB BOND* AMD

iBl

1,

AtUuUi:

M.,

til.iiiK),

ad mori.. »1

shows the rxtent of otir ImportatlonR nf
from Heptember to July
inclusive, together with the principal conntrins wbeneethote lapp.ies were received, compared with the corresponding period lo

8.

Ar.(f.

10.

wheat and

7ii...IM)(

ii()O,7«..H»0J

IIKH
mort.. $1,0110
I»t mort. TrunteBs' c«rtl0cati-9

Do
Do
Do

„.. All
Do
AdanUc MlMlK-lppI

do
do

do
do

Ncv

Do
Do

JirDiyi-lmreii
...^
conn, mort., I »

.-.

Tom

April 1.I8I7,

.

ex fundwl cjupH

I8OT

loJiilvl, liTO.Inc.iislvo
Pariilr of CBlifornlii. l«l mort.. 6«

Oentml

D()i.'i:ifor..'fc<)r«s^>n i)lv

1896

WS

*

MiUvault.e Ul morl)5SiiO,"'<
1875
«d mortgajto, 89
Do
$100 •haros
recon«lruc-.lou trustoos' sMCMoi't, ti paid.
$i paid...
do
do

rt«
Oa
Do
.............
bo preference. 79
oaifl...
irnslaoa' aiaesam t, 13
.
Do recouatructlon irnslaoa
tSpald...
no
Do
1904
bonds,
79
convortlWe
eold
Do
Do recoumnicnon iruBtees' cortl tlMtes, 79
.

>

,

—

1911
QalTeeton A llHrrisburK, Ut mortgage, 69
IBlnoUOentrHl. tliX) nharei!
Bonds. liB, l9t M Chic. * Spr gf..lS93
Do
l'.l*l
Val1o>, coTis.iMdmod morigai;". Hs
Oin Railway. Ist mort., k" "., 79. 1891
& Coxaa, let mort., tcuar. gold
1904
bonds, Eniilich, 79
Hew York Ci'iitrai Hud. Rlv. mort. b'd9, 7a ...

bahUh

£irietla

Rns-la
Umted.'tta'es
British Norih America.
(Germany
Prance

88

JO
«8
oo

*

Pennsylvauia,

Do.
Do.

$.50 shares
1st mort., 69
con-'ol. tiinK*i!

Total

®^05

^
M
®^
HJO 17X
M ® «3
vl @ ii
83 O 34
»s
& 81
6a @ 61
& 87

Philadelphia ft Reading
Flttsburg fort Wayne

fjll

fund mort. 69
shares

Germany

The

grasses.

8-5

103
99

SB

(S,

@101

S.(i9A.4l4

2,4M,7»I
S,«(M,ni

1,OI7.?i57

182,r.g6

1,4:9840
M1,4;i

1,I88,3JS

B¥8,g4«

14.?, 421

1,04\«(I4

l.aJ7,O70
3,504 .ava

TOl.W.

4.038,495

m,on

(8 -,405

2,!'.41.4b6

8,816.350
1,387,185

1,44 1,0 iT

2.466 M7
S,<gT,tlS

363,088
9*1.261

50,905,010

4%00T,9«J

48.901,100

3ajta,zn

4,«8.Mi

3(1.5,639

976,081
1,S7«,0«4

817,191

«58,»lt

916,739

1,1.59,350

l,»»«.n4

S,' S.'.4'II

I..5S1.S'«

2,185 0«1

2,046,037

2,IOI,;-6

151,131
l,8!9,14l

i '4.'.M
1.137,l4->

6'iS,614

7.695.9M

6,265,193

5,'9),669

8,087,571

19".».T22

is

three previous seesons:
40

£»

41

4'2

(% 41

n!)i4aiso>f

liOJ<@:*l)i

111

i:i

33
3-2

101
a6
16

@ni

it 40
34
31

.•»

(gllOi

101

&
&

84
«3

at 97

@

108
106

l^lvS
98

Beans

Barley
Oats
Ceas

IW

OU9

99

QilOO

£

£

80.557,782
5.577,941

2'),lbf..370

4.7J5a56
4,540300

3.JM.518

19,705,595
5,226,182
5,122,676

718,5;2

5!8,4:i9

1.0l!<,799

1,547.579
9,8' 3,451

61 ..537
l.f 65,892
9,717,>23

70

6,974,282

Total

ended July

800.562

1,«7,6;8

,»ll

4, 18 .,86 i

6,223,977
4.053,348

50,575,039

49,!«J,791

42,699,6:3

5,531

61,430,984

4,214.f>91

and the seven montbi
were issued on Wednesday. They show the

of Trade returns for July,

31,

following results:
....@
4i
17
96
46
118
\0i
107
83

@i:0
aiio
®lii8
89

®
®
@

£
TmnorUinJuly

@ 20
® 30
@ 30

The following

to the roots

prices

During the

Since harvest, the sales in the

markets htve amounted to 1,880,024 quarters,
and it is computed that in the whole
•gainst 1,965,371 quarters
Kingdom they have been 7,520,100 quarters, against 7,861,000

150 principal

£

£

3«,15ii.8-:0

35,851.814
217,7.37,0 4 234, I4»,223 226,279,e68
|T,.vsr,:-,0.
lH,4ii4,.5-:7
16,4(0,867
115,S91,616 112,831,431 111,061,257
31,'!7f;.393

Imports In seven months
Kxports in July
Exports in seven months

@1I0
@110
©109

1878.

1»77.

1876.

....

@43

» a

been of immense benefit

£
21,8a9,r93

ll,<f:.5,538

The Board

1874-75.

1375-76.

£
4.15,'<,

Indian Corn
Flour

aio9

107
109
107

30
30

@

Wheat

18Xa

17

....&
®
43 ® 48
17 & iO
31 (m

S6
108

@ 10
@ 3H
® 34
@

1376-77.

1877-73.

@n3

trade for wheal has been dull during the week,

qaarters, against 93,150 quarters.

I,16«,4I8
8,<I4,'MS

•7,2^5
Bl.lOS

Cwt.

a return showing the estimated vakie of our
imports of cereal produce since harvest, viz., from Heptember lo
July, inclusive, compared with the corresponding period in the

Annexed

have been with difliculty supported.
week ended Aug. 3, the sales of home-grown wheat
in the 150 principal markets of England and Wales amounted to
82,750 quarters, against 23,2»6 quarters last year; and it is estimated tbat in the whole Kingdom they were 131.000

And former

8,i9I,(if8

*(7.76.5

Total.

..

g90
19«
87
Do.
59,1377
31
31
29
1909
Cairo & Vincennoa, 7b
106 ®I07
Chicago & Alton Bterllnjr consol. mort., iis. .. 1903 105 ®!07
....®
....
bonds,
78...
1903
mort.
gold
Paducah
Ist
Chicago A
crops3, ana some
The weather has remained favorable for the crop
rain which has fallen has

10,«T7.?&'J

1.834,228

Prance
United States
Briilsh North America
Other counirles

8.5

A

•nd

Hi.»»7,li,il

TLOVK.

& Chlcaeo equipment
bonds (guar, by Ceunsylvunia R. R. Co.), 8s .... 107 a: 09
1889 108
Union Pacillc Land Grant 1st mor'., 7s
1898 107 ©109
Union Pacific Railway, Ist raortiiage, 6'8
AMERICAN STERIJNa BONDS.
Co
1910
Allegheny Valler. guar, by I'enu. R'y
98X a 99X
Atlantic * Ot. Western consol. mort., BischolT.

189J
cert8.(a).73
1874
Ol. W. Re-organizition 7s
Atlantic
78.1902
trust,
lines
rental
do.
leased
Do.
1873,79.1903
do.
do.
Do
1876
Western eJtton., 68
do.
Do.
do.
do. 7s, guar, by Erie R'y.
Do.
1H9S
Baltlmoie^fcUliio, 6a
....190J
Do
6s
1910
6s
Do.

lJ.!i!«,490

4.5

3i
..1880
1905

7.187,474

J7,<'M»1

KL'ypt

*

York Oi-ntral tlOO shares
...1890
Oregon & Callfoioia, l»t morU, 7s
do Frankfort ummtt'a Receipts, x coop

9,016.940

and

Turkey,
Moldavia
Walla hia

nonri Kaiisa"

Hew

Cwt

9,66.', 187

8,471. lot

A, t

llrlti h India
Olher counirles

103
*°

iK4-:».

Cwt.

Chill

13
108

1875-7'.

18T8-77.

Owl.

lalmort.gld.bda.il».18M

1890
Do Ijiiiil LTHnt liiinil!', 8><
ChlCAiio liurl.t liiuu-v Klnlcln« fund bonds, 5» ...
Del. .t llti.l. (iu.. in.> i^-ii;>iboDd«, In

Detroit

,

:

1877-18.

. .

A

C»Dtr«lof

hnrvKSt, vix

..

* Ohio, Con. mort., 7». .1905
Ciimmlttoi-of Hoiidholdi'rn ctf«
roiuin«c (M»lii Lino) \H mort. 8«.I911
{Tiiiiiiul) im morlgniie. Be.
do
Inur hv PiMm»ylvn>il«.*No. (;eiiLlUilw»y»).19Il
Bar). CciIhp U.ip. * N'>. Ult. of Iowb, Ul mort
do
BalUmoro

ri-turn

flour since

the three previous eeatous

3.1

S<l

191

The following

Auk.

flixim.
.IK. mnrt Til. No^.Ml
IV l)i>l.&niiil.('iiiiol..lllOa

I.. 1.

:

.

figures relate to the seven

months ended 3l8t

July:
Imports of
Exports of
Exports of
Exports of
Exports of
Exports of
Exporis of
Exports of
Exports of
Exports of
Exports of

cwt.
cotton
cwt.
cotton
lbs.
cotton yam
cotton piece goods.. yds.
tons.
iron and stetl

1 6,481.600
2,058.3-11, itO

2,199,48i,5C.O
I.:iiO,:5B
1l,31n,l.'7
110.710,8:17

1.231,596
11,479.507
100,9 O.HOd
68.77«,41»

1878.
8,340.512
715,6116

147,732.800
2,061,759,700
l,.i26,917

11,096,500
lll.9ie.150

65,624,277

f.5,181,100

£957,694

£976,531

£1,078,144

lbs.

8,92i,476

3,915,8J5

8,667,873

lbs.
lbs.

101,501,453
15.906,119
23.2 6,300
137,135,300

115,4>i5,9tl

117,491,427
17,428,100
24,887,200
118,090,800

manufactures

wool, British
wool, colonial

875.004
I21,456,2tO

l,(i!);|,928

lbs.
linen yarn
linen piece goods ...yds.
jute manufactures... yds.

silk

1877,
8,724.0f,2

1876.
8,765.4o7

and

for^'ign

of woolen yarn
yds.
of woolen cloth
yds.
of worsted stuQs
of blankets and blanketyds.
ing
yds.
Exports of flannels
yds.
Exports of carpets

Exports
Exports
Exports
Exports

3,103,110
8,531,100
3,214,650

!4,('45

*

2«.95h..300

ll«,819,9u0
3,ini,roo
4,494,600
3,502,1100

3,585,400
4,219,700
3,455,7C*

;

Without
quarters in the corresponding period of last season.
leckoning the supplies furnished ex. granary, it is estimated that
the following quantities of wheat and flour have been placed
upon the British markets since harvest

The following were the
goods exported
in the

quantities of cotton manulactured piece

compared with the corresponding period

in July,

two preceding years
COTTON fucb goods o» all
Ib76.

kinds.
1817,

1878.

:

1877-8.

Imports of wheat
Imports of flour

18T6-7.

cwt.

cwt.

cwt.

cwt.

41,2y2.886
- ~
e.aii.Tis
S4,006,aOO

51,''2.',733
5.889,443
35,010,000

89,469.474
0.239,566
46,002,000

8!.613.5''9

9J,6o7,181

92,3l;,040

843,931

'jOK.giS

7,674,587

Sales of home-grown produce.
Total

.52.166,888
1,60. ,998

.

90,661,81-1
Result
Aver, price of Bng. wheat for season &0s. 3d.

The following

figures

1874-6.

.51,9 4.751
.

Kxports of wheat and flour...

1875-6.

show

!0,769.K68
53s. lid.

91.t)54.i69
45s. lid.

26.J,.';0il

92.017,531

lu.

44.H.

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 corr<;8ponding period in the three previous years:
1877-8.

WhMt

cwt.

B»le»
Oats
F«*s
Beans

61,9114,751
li,42:i,125

Il,61<.984
1.7110.4.4

a.wn.iro

ImUanCom

8J.3a;.2i6
7,674,187

....

floot

1876-7.
41.282.636
12.2.0.18!
l.,3 4 37t
1.259.V97
4,209,8t«

8»,r;.814
6.264,718

1875-6.
tl.6i2,733
7.9011.877

1874-5.
89.469.474
U,«<|?,804

11,701,492

I0,r.O,:i4T

08

l,76ti,»-.4

i.aso,

2.867.660
28,971,073
6,889.443

2,i;s 810
061
6,289,611

1.5,577

BZP0BT8.

Wheat

ewl.

Barley
Oats

£ea»

Beans
Indian
Flour

Com

1,613,444
6i,576
11 ,.140
19,929
19,761
238,772
88,552

Yards
To Germany
To Holland
To France
To Portugal. Azores, and Madeira
To luly
To Austrian territories
To Greece
To Turkey
•

47,ti62

872,5.'»

206,209

21,145
356,405
86,583

18: .6

16

78,885
18,721

6,336.100
4,:i2i,(i00

5,54 1. 800
3,37 7,200

6,6«i,7(iO
4,1.92, '00

4,32!<,6(I0

7,416,200

4.s27,9(;0

ToEi'ypt

9,218.000

9,683,100

To
To
To
ToMexIco
To United

4,007,(100

4,0011,400
8,3(>;,«I0

8,980,000
1,0)6,000
4,431.800
37,466,600
7,27«,CO0
2,267,000
3,416, soa

6.H4(i.0(K1

SWI.tiOn

Coast of Africa
United States
Foreign West Indies
\Ve:-t

••„4"States ol Colombia

Islands
••

In

9,(163

Bengal

43.595
80,323

46.481
67,800

Cey Ion

StraTui

1,931,600

2,071,800

4,918,900

11,1179,000

15,87.«,800
3,204,1100

8.056,200
13,07 2.2C0
2,983.400
•,349,600

6,270,800
7,031.200
2,722.900
a&.074,6ao

3,790,500
1,711,600
4,002,400
1,138.1x0
6,272,600

5,^81,700

3,948,100
2,073,100

4,418.800

1.852,600

i,j>5«,(.«0

8.«e.S0O

19.387,600
L,0O ,800

29,360,700

S.5,186,800

90,1W7.500
ll.458,«00
2,<I4,400

16,(12,400
2,^65,40O
71,474,800
6,770,300
l,61l,00»

9,73(,I00

SettlemcnU
' •

•

8..'I6Q,500

8,9.-8,900

21,463,400
4,216,400
4.84I.S0O
4.662.400
1.7J3,Sa0
8.076.600
4,«6S,40O

3.438,.l00

4,86<,«0O
6.890,500
2,446,400
l,n5a.4<'0

and

/•:•/;

South Africa.

Madras

10.611

19,1.5'',300

4,032,600

27,(174,800
2,74S,-iOO

To-lapan

To British possessions
To British IndiaBombay

4,17H,700
4,780,»iO
£81,000

8,9n1,«00
2.065,600
1,143.100
1,701,100

To Uruguay
To Argentine Republic
To Chill
To Pern
To China and Hong Kong
ToJava
To Philippine Islands
To Gibraltar
To Malta
To British North America
To British West India

2;l,21S,600

1,11)2,100
l,7ti«."00

(New

Granada)
ToBrazil

Guiana.

796.569
80.472
81,995
ti,S«9
81,540
4'6,ls7

3,610,100
2,815,600
8,450,200
5,578,600
8,>3i,40O
694.200
2.0t5.iO0

1784,100

2,1.68,000

—

:

:

THE CHRONICLE

192
.Tards.

To other countries..

4,638.800
19.630,<00

5.57A,'tOO

27,035,000

ToUi nnbleached

sno,4«,600
or bleached
81,601,800
Total printed, dyed, or colored
Total of mixed materialB, cotton pre-

dominating

190,795,200
93,390,500

248.703,800
103,4 U, 500

958,700

854,300

1,056,900

2SS,982.000

Total..

1878.
5,336,500
18,914,300

1877.

1876.

ToAtutnlla

294,040,000

359,176,200

OTEXB MXSVTXCTVKXB Or COTTON.
£3r,,007

£195,146
£69,892

710,577

861.087

1,104.120

£68,493

£30,154
£5,180,798

£89.672
£4,37J,960

£52,770
£97.176

Lace tod patect net
Boeierr of all sorts
lbs.
Thread for sewing
Other mannfactares, unenamersted

£62,316

Total Tains of cotton mannfactores ....£l,2i8.619

BaKllab

ThedailyoloslQgqaotatioaainthe marketa of London and Llverpool for the past week hare been reported by cable, aa Bhotra in

sammarT
London Money and Stosk Market. — The

the followinj;

Bank

bullion in the

of England has increased £56,000 daring the week.
Bat.
Mon.
Tnes.
Wed.
Thnr.
Pti.
95 1-16 9)15-16 95
OosBOlB tor money.. 95 3-16
94 13-lG 9111-16
acconnt.. 96 5-16
95 3-16 95 1-16
95 1-16
91 13-16
94«
n.B.ta (5-208) 1867.. ..1061^
lOSX
106X106X
U'SW
m>4,
U. S.10-40B
103^
108^
108
\OSli
5« of 1881

107X
mn

New4Ms

107«
107X
107)i
1C5>^
105K
106J<
special report of cotton.

107Jf

105V

JUpmvooI Ootton Marktt.—See
LtMrpool Breadstuff) Market.

[Vol.

Same time in—

1071^
105i<

Hoar (extra State)
Vbbl
Wheat (R. W. spring) V ctl
"

"

.

"

(Red winter)

26
9
9
10
10
23
34

.

9
10
10
28

(C.

V

4

31

Mon.

Bat.
1> tc. ...

Pork (W't mess).... Vbbl
Bacon (i'g cl. m.).... ^^cwt
"
Lard (American)
Cheese (Am. Bne) new "

Liverpool Produce

8. d.

8.

74
49
34
38

74
49
34
88
44

6

44

d.
9

8.

4

"
Vgal
"
TaUow(prlmeCity)..»cwt.
(line)

"

(Cal.)

V

8.

quar.

Lini>eedoH....» ton

.58

4
10

Wed.

3
6

3

The imports

6

8.

74
49
34
38
44

9

50

6

23

3

£. 8. d.
8 10
51

23 3
67
32
23

5

5

d.

4

9

Wed.

74
49
33

4
10

d.
9

8.

9

4

Amer.

S

9X

9

—

Tues.

Wed.

£

£

s.

37
22

3

d.

8 10
51

B.

9K

23 3
67
3i
28 10

37
22

Thnr.

d.

£

8 10

B.

£

d.

8 10
3

51

3
9

23
67
32
28 10

51

6

23
67
32
28 10

67
32
28 10

3
9

Prl.
8. d.

8 10
51

BilTor....

.".

Araer. gold

Aag. 12—Schr. B. P. Famham . .Maracalbo
Laguayra
Aug. 11—Sir. Hadji ..

$92,568
11,968

1026

Amer. gold
Amer. silver.. '.!.!
Amer. gold...
Amer. gold ..

.

.

Amer

15 000

27915
10,555
658

silver..

454

ForeigD gold.

Aug. 17— Str. Colon

Aspluwall

2,050
1S,542

Amer. silver..
Amer. gold
Gold ballion.
.

432

.

6,300

Total for the week (tl51,447 silver, and $36,041 gold)
Previously reported ($9,5 '.e,9M silver, and $4,690,850 gold)
Total since Jan.

Same time m

1878 ($9,670,370 silver,

1,

$8,162,614
8,125,780
8.226,655
3,587,112
2,966,968
2,869,037

Customs.

Aug. 17

and

$187,488
14,209,773

$1,726,891 gold)...tl4,.397,261

Same time in—

1877
1876
1875
1874
1873
1872

$303,000

19..

331000

20

438,000
421.000
430,000
374,000

21

22
23

1871...
1870
1869
1868
1867

week

at the

$7,561,1«3
7,522,782
9.835.858
4.956,109
1,713,560

Sub-Treasury have been

Receipts.Coin.
Currency.
$321,160 85
458,893 70
l,099,.i5I 53
782,223 36
5H372 20
994,094 31

Payments,-

.

Coin.

Currency.

$:,073,5.54 96

|a35,;:i8 34

f65.l«3 16
319,362 45
523,020 74

286.613 97
251,177 55
931,046 67
133,7.39 32
167.631 59

442,2811

03

436,703 76

$579,338
869.769
487,010
347.815
680,859
898.529

85
28
39
36
31
81

Montclair & Greenwood Lake.— Auerust 17 an application
was made to the Chancellor of New Jersey by some of the second
mortgage bondholders, for an injunction to prevent the sale,

percentage of their face value.

9

7>tf

37

Foreign silver....

The Chancellor refused

to grant

any injunctiun, but, by consentof counsel, the sale was postponed
one week, until August 24.

d.

4
10

periods have

preparatory to a review of the foreclosure proceedings, on the
ground that the decree had been obtained by collusion, and that
the bonds had not been sold, but hypothecated at a very small

Prl.
8.

10

9«

9X

3
9

Tnar.

8. d.

10
9ii

7^
37
22

8.

mWit?
62.'88S448

Total
$2,316,000 $4,339,295 00 $3,650,100 15 $2,010,966 44 $3,863,342 51
Balance, Aug. 16
121.671.465 74 49,S0.>,621 55
Balance. Aug. 23
123,891,797 30 48,992,379 19

Prl.
d.

d.

8.

34
38
4(

9

Vera Cruz

same

6

23
84

Jl's^'lln

....."..

of specie at this port during the

been as follows
Aug. 12—Str. City of Merida

2
2
5

10
10

Thur.

d.

8.

Tnes.

d.
9

a

Mon.
d.

tE, 8 10

8nKar(No.l2D'chstd)
onepot, ¥cwt
Sperm oil
«tnn..67
" .3«
whaleoil

26
9
9

34

74
49

U

Oil Markets.

Sat.

Unseed

74
49
34
37

9ii

7
3

37
22

London Produce and
£

6

d.

8.

6

8.

10

Petroleain(reflned)
'
(spirlU)

Une'dc'ke(obl).^p

9
10
10
23

3
10
10
23
34

3

8.

26
9

3
5

Prl.
d.

d.

s.

26
9

Tnes.

d.

Hon.

Sat.

Spirits turpentine

Thur.

d.

Market.—

Bo«ln (common)... Vcwt.,

"

8.

Market.—

Liverpool Provision!

Beef (prime mess)

d.

8.

9

(At. Cal. white).. "
White club)... "
Com (new W. mix.) ^ qnar.
Peas (Canadian)
quarter.

"

Wed.

Tues.

d

s.

..

I

9.11

44imSn
mis'oS

.

I

.

Mon.

Bat.
d.

«.

$53 309

1

The transactions for the
as follows:

—

XXVEL

Same time In—
$22,571,970 isil
1871.
38.863,702 11870
61.4.33,145
1869.
40.331.6.M 1368
89.610.897 11867
66,171,631 I 1866

1877
1876
1875
1874
1878
1872

Aug. 14— Schr. Maggie Masters.. Windsor
Aug. 16— Str. Perelre
Havre

Iteporta— Per Cable.

illBrliet

"

.

6
3

St. Paul & Pacittc— An Ottawa (Ont.) dispatch of Aug. 17
says: "It bas leaked out that the Government has signed a lease
of the Pembina Branch of the Canadian Pacific Railway, giving
the St. Paul & Pacific Railroad the exclusivrt monopoly of that
branch for ten years, the Government retaining thi 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
eancticn such an arrangement was thrown out by the Senate at
the last session, and the Government has assumed the entire
responsibility for such a step."

U. S. BondS) Registered and Coupon.—From Mr. Norvell
of the Commercial Advertiser, we have the following
:

e^omm&vci^l and W^isctXUntaxts %%cm5.
IMFORTB AND EXPORTS POR THB Wbbk.— The Imnorts last
week showed a decrease In dry goods and an increase in jrenera)
'r''^.'°'»l imports were |6,298,096, against
preceding week and f5,967,036 two weeks
pre'^PT.*/°' "!,«„ T*''^ ^"'^^'^ ^"«- 20 amounted to
•ft^^ii-jl against
t6,378,I79,
$6,636,776 last week and f6,341,967 the previous week. The following are the imports at New
York for
week ending (for dry goods) Aug, 15 and for the week
ending
^
(for general merchandise) Aug.
Slf55fl'RQfl!S'
the

15338,638

16:

5

rOBIlOR IHPOKTS AT HltW YORK rOB THB WIEK.

ii_

18^'-

..

S^KOOd"
General merchandise...

|J,7«9,032
'4,831.198

Total for the week.
7.60.0,230
Preylously reported
220,534,764

''"^ Unfted Statbs, Washington, August, 1878.
,,-,.?'"'-i;^'P'^°''
Editor
of the Comm'rdal A dvertiser;
Sin:— I have received your favor of the 15th Inst., suggesting the preparation of a statement showing the number of persons holding less than tea
thousand dol.ars (SIO.OW) of the registered stock of the 5 per cent,
4% percent
and 4 per cent loans, and in response thereto hand yoo.hcrcwith a sutement
fhowlDg not only what yon suggest, but also the number of persons holding
more than $10,i 00 of these stocks, and the lOUl amount held of each loan at
the date of the last dividend.
The number of holders of the 4 per cents iB,
of course, constantly and rapidly increasing. Very respectfully.
Jambs Giltillan. Treasurer United States.
Statement of number of holders of registered stock of the funded loans of
the United States (5, 4J< and 4 per cents) holding $10,000 or more, and less
than $10,000:

m
.1
To the

1876.
$2,137,319

1877
»2 io'i J2S

S.Oii.m

Ml 1,892

1878
t2,0S6,«37
4,212,459

15,179,595
135,514,617

$7,275,317
203,515,042

»6.29a,09i
175.561,546

..„ „„
$10,000

PBR CBNT rtJNDBD LOAN Or

Aygmt

and, over

(1878)

1881.

Dividend.
j 910
s'goj
'

Less than $10,000
Total amount held, $235,339,450.

4% PBB CENT PCNDBD LOAN OP
Mvidmd.

1891.

June (1878)
,^ .
,,„
$10,000 and over
Less than $10,'0O
Total amount held, $147, 151,i66.

]

.

BlneeJan.l

$223,134,991

$190,691,212

°' ""^
?°°^' "*•**
of H,t"JJ^Tf'
Of
dry goods for one week later.

^T

The following

is

""'

$218,790,359

$18l';862'642

''« '°'i°<i 'lie

imports
"•>
""F"'

a statement of the exports (exclusive
of soeciei
" '^"'' "* '°'''«'' P""" '"' 'li" week

enS

Aug. m';''""

BXP0BT8 raOM KBW TOBK POB THB WBBK.

?^S1U^.:::

ife

•SlM.SJWSg

^^^Z^:

Mi «- ^^
$164,609,192

$170,670,331

i^3ri:i^5

N.^VoiLT??hr^'e'ere'n''/i:^'kTg"°/7'r8^8^;ratf°"°'

4
,
«,„„„,
$10,000 and over
Lessthan $10,000

5g(

h^SX

PER CENT CONSOLS OF 1907.
July m~S) Mvldend.

dm
10093

Total amount held, $69,164,666!

—The Haiuburg-Magdeburg Fire Insurance Company, of Ham-

burg, Germany,

having an

is

office

in

one of the large foreign corporations now
New York— located at Nos. 43 and 44 Pine

street.
The cash capital, fully paid up (gold), is |635,000; cash
assets, $756,377 total liabilities for re-ineurance reserve, unpaid
losses, etc., $131,877.
The
York trustees are Messrs. Chas.
;

New

b. Knoblauch, of Knoblauch & Lichtenstein
J. F. Degener, of
C. A. Auffmordt & Co., and Adolph Engler, of
Kremelberg & Co.
;

—The

Aug. 15-Str. SncTla
London
tmS^'
Aug. ,7-s.r. City of BeriinV.::::{:?T"e'r?Soi::.v::..iSe":

T«al since Ju..

l.

igrs ($4,293,207 silTer.

and

f^'**

&

"k"'

^ii^e^;

""»•'*''

1-Z

$5,754,140 gold). . ,.$ir»i;il^

St. Louis Mening PoU of Aujust 17th, in alluding
editorially to the loan of the National
Water- Works of Kansas
City, says:
"The works have cost over $1,000,000 cash for
construction, and now produce a net income more than sufficient
to pay the interest— Kansas City
the

paying $33,000 a year for
water us^d by the city, and private consumers paying the rest. We
need hardly say that the steady and rapid growih of Kansas
City insures to the water- works
a steady increase of business
ana income."

:

Adoost

—

.:
.

;

:

THE CHEONICLR

24, 1878.J

193

Bangn «lne> Jan.
....op. 10Si« Feb.
68,8-208,'6S.op. 102
July

68,1881

NATIONAL BANKS OROANIZBD.

taJ 180,000; paid-in capital, f.'ili.OOO. Tb man K. Lltch, PresldoQt; J.B.
Henoeraon, Cai-hlir. Aiith. rlzed to conimenco bualnean Aug. 15, 1H7M.
• |n_N«ttona] Excbaniro Bank of U'xington, Kentucky. Auth'>rlze'l caplbil,

I10U,(W0; p. Id-ln capital, »613.'J0 7». J. P. Metcalfe, Prealdoi't; J. B.
Authorized to commence bnalnoBB Aug. 1 i, 1M8.
Wlliiiia. Cashier,
1.S94— Merchanta' Nationnl Bank of Otornotowa, Colorado. Auih"n/.ed caplA. P. CunU, Prwident; A. H.
tal,t80.0UO; paid-in capital, «",0,000.
liaynolda. Caahicr. Authorized to commence baelnesa Auk. 16, 1878.

DIVIDBNDH.
WuaN Books CLoaio.
p«»
Cbst. Patabli. (Daye inclusive.)

Nam* of Coxtant.

prices of securities in

^O.*^'

1.

OoapoB.

London hare

Ijeen as follows:

Range since Jan.

16"

23.

Lowest.

1,

and Hallroad Bonds

1878.

Highest.

10038 106% 106<)b 105i4Jsn. 2 109%
ina
111
108
104ifl Feb. 25 111%
107''8 107>9 107 "a 103% Hch. f 100%
10«% 106M 1054 10216 Feb. 25 IO714

1867

U. 8. lis, 10-408
58 of 1S81
Now -lia i»«r cents

State

Amoimt Aug.

I

Bngl*tered.

Aug.
U. 8. 6e, 5-208.

reeantlr been announced

Tke f ollowtcz dWldenda bare

68,a-208,'fl7.op, 104>3 Aug.
fl»,5-2OH,'08.cp, 100% Jan.
5b, 10-40B...rp. 10."1'8 M<h.
5s, fund., '81, op. 102% Fob.
4is8, 1801 ..op. lOfg Mob.
48, 1907 ....op, 10014 July
6b, our'ncy.reg. 117^Ap^.

aoBlng

1978.

110% June 27 $ioe,oog.s(K> $86,736,806
51,129,900
10S>fl June 6
60.668.500
108 e^ June 27 107,650.150 S03.957.050
111*4 June 28
16,020,000
21 .486.900
1091) July 20 144,280,800
50.285.S0O
107»e July 30 235,304,450 373.075.900
ion Aug. 17 155,112,100
90,887.900
102% Jan. 9 80,597,3.V> 32,253.650
122 • Mayas
64.623.512

M

The United States Comptroller of the Currency furnialies the
following atatement of National Banks organized :
• •M-jeffenon Coaniy Nallon«l Bank of Urookville, Pa. Aathoilzadcapi-

1,

HigbMt.

Ixiwoat.

Juno 8
July 30
July 9
Jnly 30

—

State bonds have shown a little
in Missouri sixes, which sold to-day at 102^@103},
the reports^rom the State in regard to the treasury deficit haying
FRIDAY, AVGrST 23, 1878-5 P. 01.
excited an unfavorable influence on prices.
Louisiana consols
Ttae IHonejr market aud Financial Situation. The week are quoted at 71i@73i; Alabama class A bonds at 44. The Court
of Claims in South Carolina has adjourned again for a short time,
has been exceedingly quiet in Wall Street. The only matters without taking any important action.
worthy of special mention are the reaction in foreign exchange,
Railroad bonds are well maintained on a light business. All
the falling oft in subscriptions for U, S. 4 per cent bonds, and the popular bonds are strongly held, and the certainty of large
crops throughout a great part of the country puts tlje roads in a
the meeting of the important railroad conference at Saratoga.
position for meeting their liabilities during the next year,
The latter appears to be one of the largest and most important food
he bonds of those roads stretching into the yellow-fever sections
gatherings of railroad oflScials which has been held of late years. are depressed, and if their prices should go much lower purchasThe number of prominent railroads represented and the scope of ers might consider it a good opportunity to buy this, however,
with discretion. Nothing further has been developed in regard to
the negotiations on practical matters affecting more or less the
Mr. Schurz's land-grant decision, and the Washington reports
railroad business of the whole country, are such as to give the state that
a circular of full information has 6een prepared by the
assemblage a weight in the stock market, much beyond the aver- general land commissioner which awaits Mr. Schurz's approval,
"
age meeting of railroad officials," the announcement of which before it will be issued.
has become so familiar in the dally newspapers.
The following official statement of the land department of the
Our local money market .shows very little change, although it Union Pacific Kailroad Company was to-day issued from the
perceptible
two
to
four
months'
paper,
rates
is
that on
have har- president's office:
dened slightly. On call loans the rates are 1@3 per cent, accordThe sales ol land by the Union Paolflo Railway Company are hereing to the collaterals, and on prime paper of sixty to ninety days with respectfully submitted
No. of Acres.
Am't of Sales.
4@5 per cent.
Total sales reported Dec. 31, 1877
1,318,279
$5,717,127
The Bank of England statement on Thursday showed a gain for Sales from
Jan. 1 to August 13, 1878
249,392
1,249,206
the week of £56,000 in specie, and the proportion of reserve to
Total
1,567,672
$6,966,333
liabilities was 38| per cent, against 35^ the previous week.
No
per acre
$4 44 3-10
change was made in the discount j^te, which remains at 5 per Average
Amount of land-grant bonds Issued
$10,400,000

Railroad.

A

Oblcago Bnr.

Qalncy

Sept.

$4

16.

Aug. 31 to Sept. 4

activity

—

—

cent.

The last statement of the New York City Clearing House banks,
issued August 17, showed a decrease of $593,400 in the excess
above their 35 per cent legal reserve, the whole of such excess
being $30,343,525, against $30,835,935.
The following table shows the changes from the previous week
and a comparison with the two preceding years.

Cancelled to Dec. 31, 1877
Cancelled to August 13, 1878

$3,076,000

179,000-

Outstanding August 13,1878
Contracts outstanding
Interest accrued
Cash on hand

3,255,000

$7,145,000

$3,609,467
800,000
469,035

Total amount applicable to redemption of bonds
1878,

Aug. 17.

Differ'nces fr'm

1877.

previous week.

Aug. 18.

1876.
Aug, 19.

liOansanddis. *235..5.'i.5,40O Dec.$4,064.700 $243,896,300 $253,339,400
ajocie
19,234,300 Dec. 1,173.300
13,449,700
19,873,400
tSrculation
19,325,600 Inc
135,800
15,545,900
14,711,600
Wet deposits
Dec.
213,414.600
217,884,700
5,548,000
226,006,600
Legal tenders.
55,479,400 Dec.
807,100
52,696,000
57,584,300
. .

.

.

—

United States Honda. An active business Is reported among
dealers in Government bonds, although the subscriptions to new
4 per cents show a perceptible falling oif. There has again been
consideral)le selling by the foreign bankers, and it is estimated
that at least $3,500,000 have thus been sold, against purchases
made in London these having been mainly fives of 1881, and
five-twenties of 1867.
The sixty-eighth call for the redemption of 5-20 bonds, issued
August 16, 1878, embraces $5,000,000, which will be paid on and
after the 10th of November, 1878, and interest will cease on
that day:
Coapon bonds, dated Julv 1, 1865, namely: *50, Nos. 72,001 to
73,000. both Inclnslvo; $100, Nos. 129,001 to 132,000, botU inclusive
fSOO, Nos. 90,001 to 02,000, both inclusive: $1,000, Nos. 174,001 to
179,000, both inclusive. Total coupon bonds, $2,500,000.
Kegistcred bonds: $.50, Nos, 2,101 to 2,450, both inclusive; $100,
Nos. 18,751 to 18,9.50, both inclusive; .$500, Nos, 10,951 to 11,150, both
tnolusivc; $1,000, Nos. 36,901 to 37,.500, both inclusive; $5,000, Nos.
10,901 (o 11.400, both inclusive; $10,000, Nos. 21,301 to 21,8 0, both
InolOBlTc. Total rcgistere<l bonds, $2,500,000. Aggregate, $5,000,000.
Closing prices at the N. Y. Board have been as follows:

—

Interest

Period

68,1881
«»,1881

...reg. J.

.coup,

,T,

1865 ...reg, J.
1«65 .tonp,]j,
68, .5-20S, 1(^67....reg.. I,
68, 5-20S, 1 S67 coup.} J.
68, 5-20S, 1H68. ..leg.; J.
6s, 5-208,
68, 5-20S,

6s, 5-208,

1868 .coup.iJ.

8a,l<V40s
8e,lO-i08

..reg.iM.

& J.
& J,
& J,
<t J,
& J.
& J
& J.
J.
& S.
ife

.eoiiii. Af, .V

,S.

^1^-

Aug.

Aug.

19.

20.

•107»8 107% 107''8
10734 107% 107-%
•102»a »102"s IO2I2
1021a 102S8 '102 la
'105
IO518 10518
105
IO518 105 19
'107
107
107
'1071a 107
1071a

Aug.

Aug.

Aug.

21.

22.

23,

107% 107% 107%
107% 107% 107%
102=8 10258 •1021a

'IO2I3 •102 ig 10213
'10518 105 lel IO518
'1051a 105% »105

'106% 107
I

106>a*106!% 106 ifl
109 "lOO
•109
•Si
106% 106 14 106'3 loeifl
106 >4 106 14 'IOOI4 106
lOS's lOS's lOS^g 103%
104''8 '104'8 '104''8 lOlTg
lo,j

58, fund,, ISSl.
58, fund., 1881.
4'«a, 1891
4'«». 1891
toiip. y.-iliii-,,
48, 1907
..reg. Q.-Jan. lOO'^a lOOTg
48, 1907
<<Hii,.(5.-Jan. 1*100% '100'8
6b, cur'cy, '^1
I.
J. llO's 120

lOO'e
lOO'e

&

•106

*107
'IO714 '107
>106is IO6I4 *106i4
'10878 108%
109

106
106

103%
104%
100% 100% 100%
100% 100% 100%

120
120
120
120
no aaU was made at the Board.
The range u prices since Jan. 1, 1878, and the amount of each
•la.ss of bonds outstanding Aug. 1 1878, were as follows;
•This

is

til

:

i

,

,

4,878,502

Amount of bonds to be provided for
The above result shows that the sale of

$2,266,497
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
$2,266,497,
The following securities were sold at auction this week
Bonds.
Shares.
30 Merchants' Ins, Co
133
$2,000 J. City Improvem't...l07%
5OI3 8 Minnesota BR., 8 p. c. cons. 35
30 Columbia Fire Ins, Co
Closing prices of leading State and Railroad Bonds for two
weeks past, and the range since Jan. 1, 1878, have been as follows:
States.
Louisiana consols
Missouri 6s, '89 or '90
North Carolina 6s, old
Tennessee 6s, old
Virginia 68, consol

Aug.

Aug.

16.

23.

7014
*103ia
*14'e

'7113

102%

*70

•721s

35

do
do
2d series..
Dist. of Columbia, 3-658
Railroads.

•15

35

*28ia

80%

80%

Range

Blnce Jan. 1, 1878.

Lowest.

69% June

Highest.

85
Aug. 23 108
8

Feb. 11

Mch.29

33% Jan. 4

June 22
May 25
39% May 14

29
74

30
85

June 10

90

Jnly 11

102ifl

15

July 31
Apr. 12

64i4Mch. 4
Central of N, J. 1st consol
Central Pacific 1st, 68, gold.. 'ibeifl ioeii 103% Jan. 15
11314 109 Jan. 2
113
Chic. Burl. & Q. consols 7s.
9914 OfsJan. 14
Chic. & Northwest. cp.,gold..
98
Chic. M.& St. P. cons. s. f 78.
94
'951a 91% Jan. 5
108%
1917...
106 Jan. 5
Chic. R. I, & Pac. 6s,
lOSM
115 115 110 Jan.
Erie 1st, 7s, extended
109 Jan. 10
I.,ake 8. & M. S. 1st cons., op.
112 111
Michigan Central consol. 78..
112 105% Jan. 5
•118 •118
Morris <fe Essex Ist niort
115% Jan. 5
118 118 Jan. 7
N. Y. Cent. & Hud. Ist, en.... 117
*97i« •98
95% Feb. 20
Ohio & Ml.'<8. cons. sink. id..
119 118 Feb. 8
Pitts. Ft. Wayne & Chic. 1st.. "118
•103
•103
Ist
103
Apr. 5
Louis&
Iron
Mt.
St.
106
106 103% Jan. 7
Union Paciflo 1st, 6s, gold
92%Mcb.
6
do
sinking fund
•1021a 1031a
This is the price bid : no sale was made at the Board.
.

,

m

18

July 16

108% June 28
113% June 15

May 31
10'J%Ma>- 25

10314

110% Jime28
llCHJuly 8
II214 May 27
112 July 3
120 Apr. 29
122 June 26

102% June 27
1'21% JunelS

109% Miiy 24
10S% June28
105i4July 9

—

Kailroad and ITIIseellaneous stoeka. There have been
no decided movements in stocks, and the market has kept pretty
steady on such a business as might be looked for in the latter part
The important matter ju.st now pending, on which the
of August.
course of prices must greatly depend, is the Saratoga conference
of railroad officials, 'fhis 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 be correct the prospect for
larger net profits on the railroads between the Mississippi River
and the Atlantic seaboanl would be better than it has i>een for
It is not well to discount too heavily the result of a railyears.
oad meeting, but it is evident to the most casual ol>server that

.
.

:

THE (IHRONICLE.

194

in railroad
the tendency has recently been towards concentration
manBRement and combination among different roads to maintain
years is
a paying business, and the cut-throat rivalry of past
August,
likely to end for the present in the Saratoga meeting of
The coal-road stocks have shown some weakness at times
1878.
on the smaller allotment of tonnage for September next, although
will be maintained, and an
it is asserted that the combination
but it is reported that the
advance in prices has been ordere
I..ehigh Valley road declines to concur in this advance.
The daily highest and lowest prices have been as follows:
t ;

85
am ill

N..I.

Friday,
Tueadav, WcdnVd'y Thursday,
Aug. 23.
Aug. 22
Aug. 21
Aug. 20.

Monday,
Au;. 11).

Saturday,
Aug. 17

Ontralof

."4.«

31(i

—

St. Jo..

Illinois

Cent

.Hi>94

^<f^

5'h 8M?
««

(57^

114

.

Ban. «
do

34'4

•

.

6m

.ss«

xom .()«*(

lll!<llli?
Chic. Knrl.ft Q. 111
C. Wll.ASt. f. •soH .saw! si^i .S2'8
prcf. 68)t 7lSl 70!do
Cblc. « North •;m2 85j«,
67;
iiref.
do
81H 6S
C. K. I. & I'ac 114 114t< 114!
Del.A U. Canal 4«« *ok\ 481
-"
53
Del. Lack, s IV
Krto
'

pref.

Lake Shore

14

S^

5()V^

1«
ViHi

17
12!^

81

.11

7>«

'^

B9

Michigan Cent
Morris Eaatrx

7IW(

M.Y.C* H.
Ohio & MISS

110>s

Pacific Mail.

iin.

11(%

m

7H

Panama
Wabash
American Kx
United ^tiiteR

IVH

If i^
'"l^^

Pacific.

West, Uii.Te
Adam)* Kxp ..

4«W
4«^ i?^

.

Wells. Far-o..

•ss

Quiclcsli.er. ...
do
pref.

12

12

•33H

!)7

*

These are the

prlce.'j !)ia

W)

sale

Latest earnings reported. —
—WeekorMo.
1878.
1877.

.

XXVn.

.—Jan. 1 to latest date -,
1878.
1877.

$460,698 $381,373 $2,912,369 $2,556,123
106,059
92,713
854.825
692,086
23,106
111,477
Siningf.div.July
do
31,111
28,U-'4
28,924
764,573
72.5,205
Indianap.
idianap. Bl.&W.2dwkAug
22,877
21,061
70o,6sri
1,527
Int. &Gt.Novth..lstwkAug
83,171
75,391 1.916,309 1.771,62S
Kansas Paciflc. .2d wk Aug
58,866
70,144
Aug
&Tcx.2dwk
Mo. Kans.
90,341
88,949
936,434
826.849
Mobile A Ohio. .Juno
91,833 117.439
821,973
810,994
Nashv.Ch.&St.L.June
Ul. Cent, (Ill.line).July
00 Iowa lines. July

.

.

5,838
5,669
Pad.AElizabetht.lstwkAug
3,750
4,529
119,277
106.416
Pad. & Memphis. 1st wk Aug
214,081 163.501 1,475,733 1.553,366
July
Puila.&Erlo
1,199,518
5,670,426
1.498.658
6,303,493
Rcadiug.June
&
Phila.
.

St.L.A.AT.H. (brsjlst wk Aug
St. L. Iron Mt. & S.2d wk Aug
St. L. K. C. & No. .2a wk Aug
St. L. &S.E.(St.L.IJuly

8.031
265,539
278,666
86,813 2,335,868 2,389,177
75,241 1,887,734 1,741,373
43,665
339;453
319,409
36,269
192,103
(Keu.).July
177,912
do
i:i.260
11,532
93,360
(Tenii.).July
81,630
do
40,4 12
283.113
46.734
207,740
St. Paul & S. City June ......
143,890
28.176
July
Valley
Sriotu
21,4n0
179,764
29.954
113,.528
Sioux City & St. P June
373.933
35,731
53.624
207,853
Southern Minn.. .June
:I0,627
763,320
32,842
628,923
Tol. Peoria A War.2d wk Aug
2d wk Aug 124,284 115,227 2.801.320 2,388,348
Wabash
The Gold Market.— Gold was a trifle firmer in the early part
of the week, but has fallen back to lOOJ, and so closes. On gold
Silver in
loans the rates are flat to 1 per cent for borrowing.
London is quoted at 53 7-16d. per oz. '1 he dispatches from the
Silver Conference in Paris seem to indicate that the foreign delegates, 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 international standard.
The range of gold and clearings and balances were as follows

8,850
91 ,200
76,841
51,925
31,027

was made

Quotations.
at the Board.

Balances.

Gold

Open Low. High

dealings.

Clos.

Gold.

Currency

1

j

week and

Total sales this

were as

ana asked; no

[Vol.

.

«UH «3

'

Union

!

.

the range in prices since Jan.

1

,

1877
Aug. 17.. 100% lOOis 100% 10058
•'
19.. 100% 100%' 10053 lOOSg

follows:
Jan.

Sales of

1,

Whole year

1878, to date.

1877.

Week.
Lowest.

Shares.

Low. High.

Highest.

$9,012,000 $1,413,807 $1,451,343
7,200,000
780,000
739.596
8,880,000 1,193,500 1,203.165
7,317,000 1,368,063 1,376,133
10,415,000 l,7.^5,171 1,743,532
6,788,000
831,264
836,126

20.. 100% lOOis 100% 100%
21.. 100% lOOie 100% loo's
22.. loo's loo's lOOis lOOis
23.. lOOis lOOis loo's loo's

"

"
"
"

*

1

Central of

N.J

131s Jan. 2
99>4 Feb. 28

7,485
Burl.A Quinoy.
1,8,30
CUio. Mil. &St.P.. ..
60,805
do
do pref. 65,070
Chicago &, Niirtliw.
52,050
do
do pref. 83,630
Chic. Eockl8l.&Pae.
1,230
Ucl. & Hudson Canal
8,115
Del. Lack. & Western 113,030
Erie
27,600

Clilo.

29
65

.

100% 10013100% 100 Is

11878
421a

Prcv. w'k 1001a loo's: 100% 100%
S'ce Jan. 1 10278 100%' 10278 lOOis

Aug. 13
Aug. 13

5478 July

11
40^8

8
9
5514 Apr. 17
Feb. 9 79'3 July 11
Jau. 15 tig's Juue 7
Jan. 5 59''8 July 10
Meh. 5 61''e July 10
Jan.
13% July 31
Feb. 28 13% Apr. 16
Feb. 28 32'8 Aug. 23
Feb. 14 87 July 11
June 29 09H Apr. 15
Jan.
7258 Apr. 18
Feb. 28 89
June 10
Feb. 11 112 June 11

84% July

15

37%

10
215a

72%
5578

58 's

67%
103^

Wabash

15,102
24,210
21,910
55

369
380

.

11

Quicksilver

200
800

nrff

82 '2
251s
30-8
458

74 Is
77
13

7

1'7„

17
40 13
45

3373

79

73%
11%

21s

26 14
130

12'8

112

Union Pacific
Western Union Tel...
Adams Expnsas
American i;.\pre88
United States Exp...
Wells, Fargo (fc Co...

73 14
4378
691s
1031s

3558 74 14
51 14 92 Sj
85 14 109 14

6^4 June 29 lli4.'Vpr. 15
14*8 June 21 23''8Jan. 16
Jan. 5 131
Feb. 25
1218 June 20 20% Apr. 5
6114 July 31 73 Mch. 20
75 '4 Feb. 13 OS's July 22
98 Jan. 8 106 Aug. 17
46 Aug. 2 521s May 8
44 Aug.
51% Feb. 25
8212 Jan. 7 05 June 5

.

Panama

do

37%

94

5934
98^8

4638
7=8

3,465
3,900
nilnois Central
2,110
lAbeShiire
135.815
Michigan Centrul
24,567
Morris & Esbc.x
7,560
JJ. Y. Cent. & Hud. R.
3,894
Ohio & Mi88iii8inui .
1,025
PacillcMaU
3,560

6

114% July 15

32% Aug. 10
45

Hannibal & St. Jo. ..
do
do pref,

4514 July 11

80

59% 73
56
8458
91 105
43 14 60 14
36
59%
81
90
19% Feb 25 13
24
37 June 15 lO^s 45

12 Aug. 21
29 3i Feb.

Total sales of the week in leading stocks were as follows:

$49.61 2,000
69,195,000 $1,166,350 $1,174,307

The following

are quotations in gold for various coins:
Dimes A is dimes.
98 ®
®$4 89
98%
0314®
Silver 14s and iss.
3 88 ® 3 92
98%
Napoleons
80
Five
francs
93
® 941*
4
73
®
4
X X Reiehmarka.
89is®
Mexican dollars..
3 90 ® 4 10
91
X Guilders
Englisli silver
4 75 ® 4 85
Span'hDouljloons.lS 65 ®]5 90
Pnis. silv. thalers.
68 ®
70
Mex. Doubloons. .15 45 ®15 60
98isa
Fine silver Ijars .. 114%® llSis Trade dollars
98%.
par.®i4prem. New silver doll.ars
99733 — par
Finegoldbars
x;.vcliange. The rates for foreign exchange have fallen off
materially, as might have been anticipated from our remarks 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 jirime bankers' 60 days'
sterling bills, and 4'83i for demand, but actual business is done
at a concession of i to ^ point.
The principal buyers have been
the importers of U. S. bonds.
In domestic bills the following were rates on New York at the
undermentioned cities to-day: Savannah, buying J premium, selling i premium; Charleston, depressed, par
i premium; New
Orleans, commercial 3-16, bank J; St. Louis, 50 discount; Chicago, 60 to 80 cents discount and Boston par.
Quotations for foreign exchange are as follows:

—
—
—
—
—
—
—

$4 85

Sovereigns

—
—
—
—
—
—

—

@

;

St.

St.

Paul North- N'rthw. Del. L.
west.
pref.
& West.

Paul.

pref.

16,390
12,705
9,180
10,695
3,235
8,600

21,480
10,460
10,625
11,740
3,615
7,150

Lake

Erie.

Shore.

1

Aug. 17...
" 19...
" 20...

"

21...

"

22

"

23;;;

Ano.
12,660

21,300

10,700: 21,900

9,410
9,405
3,950
5,925

14,000
15,650
3,700
8,500

17,200
19,200
11,620
21,300
13,600
30,110

8,700
6,100
2,100
7,630
2,250

800

22,400
29,745
27,770
21,995
23,505
10,400

Total. .60,803 65,070 52,0.50 85,630 113,030 27,600 135,815
Wholest»<-V. 154 Of.' 122.794 149.888 215.256 524,000 780,000
494;665

The

total

number

of shares of stock outstanding is given in the
last line for the purpose of comparison.
The latest railroad earnings and the totals from Jan. 1 to latest
dates are given below. The statement includes the gross
earnings of all railroads from which returns can be obtained
The

columns under the heading "Jan. 1 to latest date" furnish the
gross earnings from Jan. 1 to, and including, the period
mentioned

m the second column.

EARNINGS.

—

—

_ Latest earnings reported. ..-,
-Jan. 1 te latest date.-^
Week or Mo. 1878;
1877.
1878.
1877.
F.2d wlc Aug $130,300 $61,991 ^2,034,383 $1,334,538

Atch. Top. & S.
&Gt. West... June
Atlantic Ml.ss.iSc O June
Bur. C. Rap. AN. 2d wk
Atl.

301,250
120,094
21,699

313.828
128,009
20,460
90 590
70,663
Cairo * St. Louis. July
18,359
15,141
Central Pacific... July
1,517,000 1,391,867
J^lijcago*Alton..2dwkAug 157,438 129,235
ChicrBuil. & Q,.'.June".'.7.° 897!o90 957,734
Chic. A East, lll..l8twkAug
21,526
13,761
~" wk Aug
CIdc. Mil. A St. P. 2d
117,000 126,605
Clev. Mt. V. A D lat wk Aug
6,227
6,739
Chic. R. I. A Pac.June ...... 568.217 536,235
Dakota Sontiiein.Jiine
17,386
17,692
Deny. A Ki() 0...2d wk Aug
29,500
19,239
Detroit A Milw...JuIy
Dubuque A 8.Clty.2dwk Aug
^.„„,„
13,913
.-.,^,0^
liio's'g
1,172,961 1,234,095
n^?a-i.-6\-.. ¥'^y

Aug

Burl.* Mo.R.inN.June....T

"

.

o^^^Hti^Pf' ?.','.'•'"!"'

93,263

Or t Westciu .Wk.end.Aug. 9

7d,2V2

761,810
756,118
928,744
539,485
733,081
415,335
121,716
138,882
9,400.363 9,230,572
2,718,330 2,588.122
6,417,791 5,472,048
5,138,000
214,993

3,760.297
217,123

103,730
83,416
617,120
416,346
518,512
451,246
578,353
446,828
5,872,677 5,777.702
529,033
423.452
86,485
574,500
517,367
5.215,013 5,310,519
75,763 2,688,263 2,456,864

60 days.

23.

Prime bankers' sterling bills on London.
Good bankers' and prime coHunercial..
Good commercial
Documentary commercial

Pads

(!

rancs)

Au twerp

(francs)

Swiss (francs)

Amsterdam

Hamburg

3973®

(guilders)
(rcichraarks)

94%®
94%®
94%®
94%®

Fr.'Mikfort (relchmarks)

Bremen (relchmarks)
Berlin (relchmarks)

Boston IfankK.— The

3 days.

4.83 ®4.83is
4.82 ®4.82is
4.80is®4.81is
4.80 ®4.8l
5.20 ®5.107e
5.20 ®5.16'3
5.20 a 5.1673

®4.8S
4.86is®4.87
4.87

4.85 ®4.S6
4.84is®4.85ii
5.17is®5.15
5.17is>.®5.15

5.17i3®5.15

4018®
9514®
95 14®
9514®
9514®

40
9478
9178
9478
9473

4014
951s
95>s
95iii
95I11

following are the totals of the Boston

banks for a series of weeks past:
Loans.

Specie,

L. Tenders. Deposits. Circulation.

1878.

S

S

June 10.
June n.
June •.^4.

t

$

i

125,010,400

S5,5'<4t00

5i,5;2,Mio

I27.f3i1,700

2,1177.400

5,756,100
6,2:4,300
6.681.800

51,fi7H,'<00

)2-i,?f4,'i00

3,211,810
2.890,«oo

52.775 300
53,i6 1.000
62,285,800
62,aaa,600

a5,i>27,eoo
25,372.7110
2.%( 148,400
25,:i61,)0U
25.339.S(X)

July

1.

2,6.33,,S00

6,t'75,100

•luly

8.

125).849,"00

2,4.51,900

5.917,800

July 15.
July 23.
July 49.
Aug. 6..
Aug. 12.

1.30,70 ',900
181,1.16,800
130,fi5:l,B00
l:31.387,:iuO

3,488,000
3,3 3.4t;0
3,011, DO
2,911,200

5,4S«,-)00
6,a8.',600
6,.511,900
.5,89^,100

131,816,000
131,972,900

3,1103.300

5,344,800
5,626,400

Aug.

19.

128.621,700

Plitladelphla

S,8Ji,800

Banks—The

5J,l.')6.IO0

51,?.6a JOO
51.9:m,700
51,490,700
60,918,100

25,297,600
2'),04.5,600

25,143,

I'O

2,081,200
23,128,600

Agg. Clear,
i
42,131.604
40,871,875
39,188.858
42.b2fi,70l

51,553.489
43, 130,751

4i,331.118
3;,i41,879
37.181,493
35,455,852
35,748,08«

totals of the Philadelphia bank!

are as follows
Lo.ins,

Specie. L. Tenders. Deposits. Circulation. Agg. Clear.

i

»

S

t

10.

57,880, r.87

1,948,551

17.

Jn''e24.

5^,512,325
57,104 069

l,hla,.i92
1.7!t9,5<5

12,777,632
12,6I4,S95
13,166.808

44,814,241
44,900,053
44,908,H01

July
July

1.
8.

56.90t>.31J
57.417,1581

1.89<,157
2,166,605

l:i,726.«31

45,647,4:30

13,617,761

4.'>,>I81,7.<2

Inly 16.

57,540,836
67,701,352
67,58i,408

2,131,77

13,61)0,496

2,088,W63
2,ii2,9i»
2,28 -,81)0
2.312,437
2,238,031

13,7i9,t)14

46,419,105
46,082,238
46,l2T,4i6
46, 02 675
43,561,288
45,737,350

1878.

June
June

July 3!.
July 29.
Aug. 5..

57,816.'.72

Aug.
Aug.

57,394,189
57,506,546

12.

19.

13.413,Uh7
13.7.Ml,0.39

13,134,151
13,810,305

11,070,141
11,019,6 3
11,1116,979

11,001,126
11,05> 863
11,075,562
11,118,081)

11,131,311
11,136.613
11,158,5 3
11,161,373

3».002,223
31,0(i7,892

30,667,918
2 1,1 62,862
33,320,681
3i,v62,6?l
30,693.010
2I,8.H(\60».
2:1,494,324

26,839,IM
27,006,463

. .

.

.

1

New Tork
eodiuK ut

City

Banks.—The

following statement bUowb the
New York City for fie week
comiuuncemout of bualuHns on Aug. 17, 1878
ATHIUOIt AMOUNT or
Lnnne atid
Li'trnl
Not
CirculaAi-HoilRtrd

tliii

tl'*)

—

..

.
.

'

4...

.

THE (CHRONICLE.

it'OUST 24, 1378.]

eondiiinn of

I

J

95

BOSTON, PHILAOBLPIUA, BM.-CeaUaaatf.

BnnkHof

:

Mm>aiTi«B,

ovBinaa.

Hid. Aak.

Aak.

.

Cn|)'tal.

Discounts.

.

.I.OOll.Offl

g,U6,000

2,JIW,.'i00

..

«,','>0.(»)0

1,8JI,^IOO

S.Ofl.rtW

B.<«p.»0)
HM<,.SI10

4«\,m

.

!Wl,Hl0

.

'J.Olifl.OOO

l.,M7S.ilK)

BAXtI4.

Specie.

Now

Manhtiltan Co,
Morch'inla ....
Mcchanica'.. ..
....
f7nlon

»

;J,ti.7.4

843,1)00

l.Ul-'..1i0

5,43T,4()fl

«.^«oo
108,0

!fli,am
1.4)0,100

8,(9;.(K)0

12.s,00fl

7,lllli i,7l)0

1,100

4,274,600

1,0 0.000

«.1B8.0>0

.tiS.lKX)

l,Ol<IOO>

3,ii

0300

971.800

l.i(X).0>0
(1 <VI»'0

3.144,40)

»1I,3'I0

1»4.!III0

1.HI8900

1,2 S.iMX)

215,209

ItllO'AK)

H 3H.S00

!-9'»,400

073,<iOO
S,12'i.30O

1,493.300
9,717,900
3,10»,6 iU
2.020,400
947.C00
1,048.000
785,aX)

1,«|I<P,0I10

3,6l)0,niH)

.

3,uo<iax)

0.7;3.6O:)

PhanU

.

Cl(y

.

Siillon
Jinoicitl..

_

.110,71)0

8<!8,000

817,200
1.573.400

S2,1(X)
4-..000

I2.ri-S,0.0

991,0i)0

1.50:000

9,'i0-.,000

196.000

18, 129. .1)0

2,371.300
77-,50O

lASIT.lOO

4,932,-.00

844.400
24,-00

1,774,10,1
891,<0li

S.fii.COO
1,800,400

239 900
21.500

)..>00,iiOO

.1,3r,3,60.)

480.000
«I2.'00
tco.ooo

2.8^S,000
1.214.809
1,707,000
4,"58,100
1,954.800
12,716.000

2!O,70O
17».400
21.400
73,000
»3,f00

1,0611,500

3-).400

449,200

60().00>l

SOn.ooo
«00,"00

Ward

300,1)00
fcOO.IKM

.

or N. YiTk.

Ameriran Excb

.

Commoieu

fmAwny
kercaatUc
Pncldc
H. public
<'tmiiain

.

iV'onlf'fl..,

Noith AmtTica..
Iljuinver

.

00,0110

1,'

.

Irving'

500,000

M.tropolltan.

8.000,001)

<!•

600,000
l.OK'.noO
i.ion.ooo

1,999,300
2,332,100

holas
l.OOO.Oi'O
.eaihor l.iiOO.rOO

1.929,.?00
3.510,2110

iiB'

<

.

I

.-i.H

-^

l,-ttO,(iOO

-il

300,000

...

41)1.000

.ra'ATrad 1,500.0(0
2,Ono.»0
M.cli. Bkg. Ass'n
500.003

I5.«*l.-I0i)

IN

Gr,

NonU

Kivcr
Ka-t lliver

Maniit'rH' ,t Mer.

'

-

^'

-

10,735.500
629.000
569,000

30li,000

rs'

(

rial

240.000
260.000
loO.OOO
3.5 0,000

75
N,.it

Total

33,000

122.000

47,'f.OOO

302,1 00

113.40i)

460,400
713,800

26,700

348,000

111,100
64,300
100,100
3,185,400
1,0.0,000

1fi2200

527.n(XI
7ti4.400

m.W)

l.Wl,200 2,018,700

1,122.300

250.000
2 0,C0J
750.000

1,091,7CX)

1,3*5,200 2,811,600
24,600
169.500
13,000
241,000

6.025,000

1,048,60
1,361,000

a.Ol.3,000

265,l)

3.i39,I00
10,321,900
6,106,800
732.500
830.300
1,211,100
2,039,700

Loans

report

;

Doc. $4,664,700
Dec. 1,173,300
Dec.
607,100
same as last week.

The following
1878.

I

Not

Specie.

L. Tenders.

37,116,900

»«,»78.900

39..54.5,900

241,5I»<,700

39,687,500
88,767,600
86,620,700
35,436.900

30,655,900
80,326,200
29,605,700
29,425,400

2;)i„3Ol.!iO0

3 ,685,100

May
May
May
May

4.
11.

229.938,400
331,030,700

30,«>1,900

36,435,.300

27,469,.')fl0

33,612,000

18.
25.

23.3,122,600
2:33.997,200

8.3.030.200

41,1>2(),100

44.023.900
47,2(8.000
47,8:6,400
49.502,900
52.466,900
58,996,300

240.(;49,100

336,018,400
232.113.400

00

234.089.1110

17.105.20

284,7 3,700
28a,720,i00

15,069,700
1H,311,900

2:36.51n,000

1.

2:il.o4!),.100

.'line

8.

2.36.

luly

80,93.5,900

19.827,100
17,001,200
16,801,200

Tiiue

.3-J,

6,
:ly 13.
;ly 20.

231,120,100

2O,4Ji',000
8.-,018,600

236,195,501)

82,001,600

•'ily27.

SS" .6.36,1 00

3,

288.09' ,300

19,6>*6,l00
r. .9911,800

Ig. 10.

240.230,10c
235,555,400

20,407.(00
19,231,300

'is;.
'

17.

.\iii.'.

270.0)1
s25,C0.'i

180,000

as follows

26,6.37 ,0«)0

28,666,100
32.166.000
34,933,809

53,«0B,.3OO

I''

Colclliv

I'orumotttti
ii^M

'V

.

r<

D(!C. $5,648,010
135,800

weeks pa?t

Deposits. Circulation. A^g. Clear,

iOa,27I,50O
S05,785..00
205,384,100
205.965.600
213,81-,700
217.41 t,r 00
821,252,100

55.656,300
57,543.900
58,4(9,600 222.1:33.. 00
58.610,100 319.978,500
S6,2S6,500 243,432,700
55,179,400 •,';7,8M,iOC

19.998,3(10

4:19,525,545

361,572.687
38' 688 684
3.1,:3B4166
339,0^2 152
-.•--. -374,239,182
391.933,811
861,644,610

,

20.00.->,800

19,941,irn0
'
l:..979.600
19.9.-34.WX)

19.909,900
19,934 200
19,823,900

34'),4C3.759
35.3,550.2)1

19..'-2;,10U

376,809,115

19.405.100

85(.707,i':4

19.078.1 00
19.273,f:00

353,322,472
4 4,140,015

19,18't.80O

35:1.692,070

19,325,600

312,277,469

BO.STON.

PniLADBLPniA AND OTHER CITIES.

Bid. Aak.

BOSTON.
Maine

Vermont

6«

(js,

i-urrcucy

'••
'.-.r..!!
(-'•1-,,:-..
.. ...•'Be78

lu

.'.;

110

.i.itipans

lorllnuilM
Atch. * Tepekalstni.7«
ilo

lnn(lffrant78

do

2a

\^
9»

7i
lan-i Inc. 8*..
7s
.**.
ta

Ilo

Helton* Albany
,

do

,

Hoiton* LowdI7«
j«ton* Maliii-7»
1

i» i-n ft

l.oKcll Sa

uMcn

Providence 7»

ft

Burl, ft Mo., laud arrant 7i..,
do
^e^).8a ..

Erle7e,

do

•

new

Lake Ch.Sa...

Bnrllnjton* Mo.

>•

Cheabire preferred
cm. Banduaky ft CleY

In

Neb

Bid. Aak.

^H 1(K)^
26M
!()«

113
lOIHt

10

I12H
IflOH ....

76«

20

HIH
187

ttlX
ll»f»

75
lOTtd 107V
105
IfHl

97 Vi

33^

UH
135

4t4

Concord

do
78
_
taa.CllyTop.4W..78. lit loaw 107
do
78. Inc..
..
»—. "" Mxa
RMterti.
riv«. nrw
72
73
.

ct

Old Colony, Ta
•'
do
(18
Omaha ft S. We8tern,88 ....
Pueblo & Ark. Valley, la
Hutland 8ti,!it mort
Verm'tC. latin., 78
Vermont « Canada, new 8a.
Vermont ft Maaa. I< U., (•
8T0CK9.
107
10M< Atchl'on ft Topeka
va^ IIOMonft Albany
BoBion ft l.owel;
Iloston ft Maine

...

Neb. 88, 1983
.. lOU
Son'!- • rasanmpBlc, 7s, 13«;.
FltchbnrgKli.if
.. ....
_

&

Dgdenaburg

MMMCllUBettsSB, Kold

,

aaoDBiTtas.

Hartford

«s

NewHainpf()iIro68
Lt08ton

•

74

Connecticut River
Conn, ft Paaauinpalc

40

Eaatcrr. (Maaa.)

ivm 13

Kastcra

(New Uampahlre)...

I'"ltchltur(c

Kan. Cliy Top.
ilanclietitcr ft

lao

Western...

58

Lawrence

^aaboaft Lowell
v;..wv„rv» vnw KnB>Und...

ii«

w^

"ri

.1
wr,.,
K.le 'wl in. 7b. fT.. 109
Tliuav. lit
7a, 'M). 50
.\

m

Vi

United N.J. cans. m.«a.>*l

Warren ft F. lat m.7a, '»«.,.
West Cheater cona. 78. *V|. ..
Wait ileraey ta, deb., coup.. 'Wi
iBt m. ta, cp., IM.
do
tatm.7a, '»
do

WMtern Penn.
do

"rtit
101
104

liR. ta.'-p.'8M
ta P. fi.,'9t

OAMAL Bonna
Cheaap.

108

Ph'la.WIImlng. ft Baltimore.
PlttHburg I'ltusv. & Huff
United N. J. Compitnlei
126
VTest Chester coniol. pref....

4
127

N)4
.

7054

.

104)4

lot

94

nit
80
do
SO

M

WestJersey

CANAL STOCKS.
Chesapeake ft Delaware
Delaware Division
Lcnigh Navigation
do

W. Md.68.l8tm..gr.,'90.J.ftJ.
do ut m., 890, J.ft J...
do 3dm.,gaar., J.ft J
do 2dm., pref
do 2d m.j;r. by W.Co.J&J
do 68. 3d in,, guar., J.ft J.

18

50
120

pref

Pcansylvania
Schuylkill Navigation
pref...
do
7X
BaB(ioehanna
KAILBOAD BONDS.
Allegheny Val.,7 3-10«, IS9D ., 107)i 103
7s. E.ext.,1910 87
Jo
Inc. 7b, end.. '94
do
2i
BelTldere Dela.

31m. 63, 'n..
Camden ftAmboy 68,coop,'S3
do
do
ft

68.

coup.,

'8S
.

2J m., 7s, cur..

'SO

Burlington Co. 68.'97.
Catawlssa Ist, .8, conv., 'o2.
ft

.

chat, m., 103, '88
do
new7s i89i)
do
Connecting 6s. l'X)0-1904

..

Dan. H.ft W.Iks.. Ist,, 79, '37."
Delaware mort., 68, various.

& Bound

Br., Ist. 7s. 1905

KastPi'nn. Ist mort. 78, "SS
K1.& Wmsport, Ibt m.,7s,'ijO.
58,perp
do
HarrlBburg l8t mort. 63, '83.
11. ft

B. T.

do
do

Ut m. 78, g>ld. '90,
2d m. 7a, gold, '95,

Sdm.cons. 78, '95'.
Ithaca* Athens Ut g d, |s.,'9,i
Junclloo lat morl. bs 'K. ..
ad mort. 6a, 1»J0
do

103X

Sup.

ft

CIn. 7b,

'93,

F.

ft

A

. .

,

3d, M.ftN
do
8<i,8d,J.4J
do
Union KR. Ist.gnar., J.ft J.
Can on endorsed
do
UISCELLANKOVS.
Baltimore Gas certlllcates. ..
People's Uas

Cincinnati 6a

7a
do
I'SOs
do
South. RR. 7'30a.
do
do 68, gold
do
103
Hamilton Co., O., 68. long...t
DM
7s. I to 5 yrs
do
7&7'308, fong.t
do
CIn.ft Cot. Bridge st'k, pref.
105Xi06>4 CIn.Ham.
ft D. Ut m. 78, '80
2d m. 78, 'a5..
do
CIn. Ham. ft Ind, 78, guar.
CIn. ft Indiana ;st m,7B
:iijO
*d m. 78, ',7...
do
1 2«l,...
'90
Colum. & Xenla. ist m.
103K....
Dayton ft Mich. Ist m. 7s. '81
do
3dm. 7a, '84
loen'io:)
do
3d m. 78, til.
Daytonft We8t.Utm.,'8i...t
Ut m., 19U6
do
1st m. (8,1905
do
Ind. CIn. ft Laf lat m. 78.
(I.ftC) 18tm.78,'l
do

1U1><

. .

m

.

.

1,.

Mar.

mort. 68, '89,
lu»>l
All. Ist m. 78, g.. 1903

do

D.-1,

»4H
102-a

ft

Miss.,

iBi

m..

7-, g,

Lehigh Valley, ist.ts.cp.. 189S
do rcg.. 189i.
do
do 3 m.,7s, reg., 1910
do con. m., ts,rg..i9^
do
68, p., II) 3
do
Little Schnylklil, l8t

m.

112

90.

rlttab. TItuav. ft B., 7a, cp..'96
acrip
do

107

108

V»h

105X IIW
7.1

20

Pa.*N.T.C.* RR.7B,'»(f 906, lV» 114
Pennsylv., Ist m.. 6b, cp., '89. 104W
gen. m.ta.cp.. 1910 lU«lt
do
ta, g.,19i9. liiHJa lot)
do
gen.
9S
cons.in 6-,rg., 1905 95
do
M)
cona. m. ta. cp.. 1909. 9a
do

m

107

109
lov
....

ih
uiu

m

wtt

81

88

no

18U

ijo

104
105

106

99
io§

03
103
105

rlU 82
30^2
13

88
I8J»

98

9t)

1U3
106

105
108

lOlM 10I«

85H 87
95

IWii liKHK
108^
1U4
70
ilo

101

91
81
95

97
37
07
7a

10

KW

100

10.i)<

10^

98
90
100

^7
X78

92

98

90
80

'm

Ll:tle Miami 6s, 'iS
CIn. Ham. ft Dayton stock.

9H

Xeota Block
Michigan stock..

98

100

91

m
92

Columbus

15

ft

100
15)4

an

LOVISVILLE.
108
»7
90
97
95
water
97
96
water
»7
95
wharf 6a
t 96
97
epec'l tax 6s of '89.1 96
97
LonlsTllle water ts. Cs. 19UI
lOlW 101«
Jen.M.ftl.lstm.(l«M)7a,'8l1
Louisville 7s

114

105

,

ft
1J7H Dayton
do
8. p.c. it'k.guai
Little Miami stock
100

7«,'''S

Ist m. 6s, cp.,'85
2d m. 78, cp.. '96,
do
do ,gen, m. 7s, cp,, lii03
do gen. m. 78, reg., 190^
Oil Creek ist m. 7s, coup.,'8i

ma

107
100

CINCINNATI.

1st m.,6s,lD0',!. l.;5
6s. 'd>.. 102«

2d m.

do
do

iohw
jit

PIttsb.ft Conneirsv.7s,'98,.)ftJ osu 95
Northern Central «s,'85, JftJ . .. 107M
do
68,1900, A.&O 102
....
do 68. gid, 19(10, J.ftJ. uiu 98
Cen. Ohio 68, l8tlil.,'90,M.ft8 100
Ui2

do
do
do
do
do
do

t 100

6s, 'S3 to '87

6a,'97to'9!l

t
68,'87 to "89 t
stock ta, '97.-1

2dm., 7b
do
Ulm.,7s,l9a6. ..t
do
LonlsT.C.A Lex. Isi m. 78,17.
*
ex past-doe c .opooa

lOBW
Navy Ifard ta, rg,Vl
do
100
U>ola.ft Fr'k..LoulsT.ln,ta,'8
Pcrkiomen i8tm.t3,couu.,'ji
103)» 101!* Loolsv. ft Nashville—
Phlla. ft Krie lat m. ts, cp.'S
t
Leb Br.ta,'86
lOlS
3d m 7a,(p,.S8
do
97
Ist m. Leb. Br. Kx.,7a,'80.».t
l'J«>t
Phlla.ft Read. Ist m. 6s, is-'44. lIM
e*,'i3..1
or
do
Lou. In.
'48-.49.
dj
do
"88
latin.7a,
loew
Conaol.
3d m., 'a, p .IU
do
atock
Jefferson Mad. ft Ind
debeu., cp., 'S6*
do
LonlaTllleft NashTMe atock.
aw<
cpa. off
do
do
ST. LOUIS.
acrlp, \S-a.
do
t
St. Louis la.loi.g
In. 111.78, op.1894
do
wateraa.gold
IC^
t
do
104
do cons. m. 7b, cp..l9i ..
no new.t luau
do
do
:o4«
do cons. m. 78. rg..19'.l
brldgcappr.. g.ta t lu W loIjS
do
do conB.iii.s*<,g.I.lvit...
renewal, gold, ta.r
do
°'<MM
do conv. 7b, !b93*
aewer. g. aa, •» *8.t 108~ lotfZ
no
78. coup, off '93
do
St. Lonla Co. new park.g.ts.t lOH)
do scrip. tWSi
cor.'
do
1073
Phlla.ft lieacL C.ft I. deb. 7s,v3

ml

'

MM

1

,

iVoti ii'i
ft

iMiliinnrv

8IM Union ft

North. Pcnu.

tBODSlTIBa.

^
I

liH)4

1101

a. 1184.

t,

7

I

IlL'OTATiO^IS IN

-via.

.

Cam.

8li.0ia,,3n0

..nliTi.'tOO

.

Cam.

20,033,100
--,

1

.

381.415,325

3l'1.038,000
199,f86, 00
198,985..300
199,8(17,900

HI

BALTIinOHE.

373,7.31,072
359,.353,3i8
441,44-',ai5

419.201,399

.t

.

19.noi;,.300

426,1S0,.360

In

I

44
....

.

do mort,, 7», ]Hnt
Wllm,ft M«H. (la. 'M

I*hlla,
,l'lii«

ADrla litta, rg^lt
Delaware Division ta, cp..*78.
1I4H Lehigh Navlga m.,«a, reg.,'84
over
do mort. RR., rg.,17
do 68,n.,rg., 993 ft
1I4M 118
do m. Co ,v. R.. r, g..*M
Alleaheny County St, coop..
do mori. gold, 'n....
Allogheny City 18, reir
do cona. in. 7b, rg.,l9r
'eo
Pittsburg 49, coup., 1913
Morris, boat loan, reg_ 188S.
5b, reg. ft cp., 19U.
do
Ponnaylvania ta, coup., :9I0.
(s.Rold.reg
do
7a, w'frln,rg.ftcp.
do
108)4 ScbuylK. Nav.lat mJia.rg ,t1.
do
3d m. ta. reg., ixn
1)0 78, itr.iinp.. re«.,'s8-«6'
80
do ta, boalftcar,rg.,19l8
N. Jersey 68. reg. and coup...
do 7a, boatftcar.(g.,19.S
exempt, rg, ft coup,
do
.'
^uqoehanna ta, coop.. .9.8
Camden County da, coap
Camden City f <, coupon
7a, reg.ft coop
do
Delaware <a, cot poo..
lOb
Unrrlsburg City it. coupon
Maryland ta, defense. .). ft J.,
(10
6«, exempt. 1%87 ...
BAU.UOAD STOCKS.
6^, 1890. quarierly..
do
C.mden ft Atlantic
do
58. quarterly .
pref
do
do
Baltimore 6a. iSSl, quarterly
Calawlaaa
do ta, :88t, J.ft.)
pref
do
38)»
do ts, 189.), quarterly...
new pref
do
32),
do ta, park, 1890,0.— M.
Delaware* Bound Brook....
do ta, 1693, M.*a..
Kast Pennsylvania
00 t8,exempt,*i&.U.ft8.
Elnilraft VillUainsport
do
I900,J.*J
do
pref..
do
do
IVOi.J.ftJ
liar. P. Mt. .loy A Lancaster.
Norfolk water, 9s
Huntingdon ft Broad Top...
BAILROAD
8T0CK8. Par.
do pref.
do
100
Balt.ftOhlo
LeUlgh Valley
49
39
Wash. Branch. 100
do
Little Schuylkill
44
Parker8b'gBr..S0
do
Jdnehlll
SO
49
Northern
Ccniral
50
Kesquelioning Valley
48
50
Western Maryland
Norrlstown
VU 100
Ohio
Central
50
Northern Pacific, pref
ln>i,
16X Pittsburg & ConnellsTllle..50
Norih Penn^ylvaula ..
40)4 41V
RAILROAD BONDS.
Pennsylvania
»2>M 8251 Balt.ftOhlo ts,1880.J.ftJ....
Phlla'ielptila* Erie
8
6s. 1885. A.ftO.
PnlUdelphlaft Head ng
16« 1656 N. w.do
Vs. 8d m..guar..'85.J4.)
Philadelphia ft Trenton

21I,«38,.'5fl0

202,053.400
S00.875,(00
199,074.000

4)1

100
do 6a,n.,rg.,prIurto'll9 114

*

19,'I44,(.00

I

ioww lOiJM
M4
"6

5a, cur., rcic
61. now. reg.,lS9t-lW3
«i, lo-l.'s r,it..I-71-'W.
<•• le-M, rCK., IKSl-'W
ti, III. PUnc, rcg.,t819
Phllndolphla, Sa rcg
ta, old, reg...
do

877.110,111
401,592,977

19,9.^,200
19,982,100
20.021.800

rhll.ftll.C 41 deb. 7a. ops.olT
do «crlp, \'»l

1(4,'4

do
do
do
do
do

*

19,912,300

m

BTATK AND OITT BONDS.

19,885,100
19,910,700

2Ul,926.)i00

«4

Worcsaterft Nashua

215,155,900
215,085,100
210.378,400
201,b6i,«)0

m

12X14 130

.r,!d

l;u

VenitnriKtt Mtuiwachuaetta

Morns
:

Inc..

t

216,820,800

241.590,900

'

8(10.01)0

|

Mir. 30.
Apr. 6.
Apr. 18.
Apr. ai).
Aor. S7

Jun. 15.
Jun, 22.
Jun, 29.

deposits.^

Circulation

are the totals for a series of

Loans.
t

Uar. 9.
Mar. 16.
Mar. 23.

1

633,800
45,' OO

61,625.2X) 2:)5,t55.1O0 19,334,300 55,479,400 317,884,700 19,.385,6O0

Spoclc
Legal tcndcra

No

97,400

377,300

819,700
597,100

823,000

540.00(1

54'l,f.00
54*l,f.0O

11.6.S1,B00

The deviations from returns of previous week are

•

4.700
73S,700

2,Mi.l00
1,097 700

355,1^00

49,8
1.600

1.130,000
1,815,400

41)6.100
6.33,500

1,095 800

4,i'09.0C0

York County

v.?iv

216.00
3.9C0
259 00'

l,»!>9,4nn

7,6ii,80

i.iermauAmoric'n

2,li7.(Kili

1,569.900
1,894.400

19,627,000
12,3i 0.100

300,0(10

V. N.l
^'.iwury Natuinnl.*

79,900

2,97i,2(,'0

500,000

N

44B.5IXI

29rt,»00

1,00 ,000

Kir-t N:iti
'I'hinl

17»,0J0

45b!6oo
39i,50n
5,400

10,4:31.000

J,t)94,600

745,100

',(00

300,100

265,000
198,000
2,700
578,400

«,m:5,0;0
1,157,800
1,453,900
4,SM,6i'0
l,934,t00

905,100
2.888,100
1,911,200

4,700

319,9110

3,0i)f).(K0

3,085,100
2,187.*i)0
1,6J0.2IX)

538."'0()

6!I2,1()0

12,718.200
7,295,000
1,935.010
3.349,5(«

8.391,10.)

530.41

8f9.500
255,600
65 1,000
262.300
191,100

2J 7,200
79,100
290,.i00
819,000
113,800
SBJ.l'OJ
10,510
(.51,400
19,000
160,00)
137,600
37S,30
1,191,900 5.161.700

103,!>00

BI6,4'H)
4I4.U0II

2,067,51)0

l^.OOO

868,000 8,5W.C00
69.200
805.000
StO.100
63,200

3.253. SOO
8.479 800
1,291,700
2,012,300

1,000,000

.

iVnllni'iiiai

11.600
427.503
88,,W0

t,561,6(X)

:iinl

Corn Kxchango

lli,0!10

do

on

L. Ciiaiuplatn ...
prof..

Penna.58,g°d, nt.reg.orcp

5,000.000
5,000,000
1.000,000
1,000,000
4S«,700

X Tr»

A

PIIILADEI.PniA.

203.000
92,000

802,000
46 .200
183,000
271.000
151.000
458,200

Northern of Now IlampiUIre
Norwich ft Worceatcr
(^ffdenan.

:88,7()0

am,UUO

Msnnfrs

ivtntli

cute

239,000

l,»'.7,flOO

8,4-1.1.00

,-lch
ir

7..VX)

8.884,600
1,319.(»0
1.405,(00
849,400
2,21',200
b»6.400
1,188.000

"^jt^'Exch. 1.000.000
in National I,f«0,OJO
'« Drov.
MiO.iOO
ilflV

tion.

40,000

S
64I,8C0

1.114. UK)
3,41.1.80
Sl^.ldO
2,75.%0

.

.

Doijodlt*.

>

<

Anwrlcs
Trwlinnon's

Tendiri".

B,M<l.!<00
I,(l84,r«l
7,hJ)8,400

t
York....

• In rt(»/«nu

nf tntwiwt.

nfl

!«»,•»•»

W

—

—

...

.. .
..
..
...

.

. .
.

..
...
.

....
.

.

.

THE CHRONICLE.

196

XXVU,

[Vol.

NEW

QUOTATIONS OF STOCKS AND BONDS IN

YORK.

Prices represent the per cent value, whatever the par may

Bonds and aetiw Railroad Stocks are quoted on a previous page.

U. 8.

...

he.

STATE BONDS.
uouirrcu.

Bid.

&l*tMm> M, UU. ,
do
5<,UM.
8*. 18M
do
8a, 1888.
do
8i, M. * B. RR.
do
Bi, Ala.*Cli.K.
do
8aof ise
do
8iof tan
Jo
Ark»DMiti,fDnded
do It. L. B. * Ft. S. lu
do ta MsmDhls i L.K.
do li.L.K.T.B.AN.O
do 1>, MISI. O. A R. R.
do 7t, Ark. Cent. UK...

endorsed. ...
7b, goM bonds.
UltnoUta, coupon, 187>...
do Wai-loan

43).

10
g
20
go
«0

4
4
4
4

<•>
..•.

*!•,

.

KentnckTM

<t8

08.
6a,
7b,
8a,
88,
88,

4.0

:oi
107>< 100

new bonds

71,

Loolslana

do

iiw
100

Connecticut tt
eeorgia ti

do
do
do

^

....

107X

.•>*

lOl
101
101

.•*

Bid.

feBOaRITIBS.

Aik.

new .J
new float's debt,

Penlteatlary
d»
do
levee
do
do
do 1875
do
Sa.of 1910
de
do
7b. consolidated
7b, small
do
Michigan 69, 1873-79
6s, 1^83
do
do
7b, 1690
MlBSOorl 68, due imB
13«2or*83
do
do
1386..
do
do
18?7..
do
do
18d8.
do
do
1S89 or '9U.
do
do
Ajyinm or Un., doe
Fanding, due 18M-6...

. . .

.

.

do

do

6s,

Canal Loan, 1878

SB,
<s,
is,

gold, rag. ...1887

lis

do coup.. 1887
do loan.. .1883
do do ..1391
is,
1892
do do
«s.
do do .1893
STorth Carolina—
ts.old. J.& J
do
A.diU

113

Riode Island

...

-

««

N.C.KK

103
...
...

\om

10I3»« ....

Jan.

J.4

1SR7.

1866

13

IS

68,
6s,
6s,
SB,
6a,
6b,

id
10

"in

Ohlo«B,1881
C

ioi

,

32|
...

ss'

33X

68,
68,
6h, old

new bonds,

:»'

do

34

21
21
21

1866
1867

consol. bonds

72K

ex matured conp

54

consol., 3d series

deferred bonds
0. of Columbia S'65s, 1924.
small
do

2

Class 3

O....

new
new series..

do
do

f

Classy

A.4

Non-fundable bonds
Tennessee 68, old
Virginia

u
9

J.4 J

1389,
1389,
1888

Land C,

70
70

J....

Special tax, ClasBl
".'.'.

:::.

7s of

,

ibij

July

ft

LandC,
iai

108
110
44
27
27
37
40
40

SB

April* Oct
Fundlnj act,

do
.. ..A.&O
do conp. off, J. & J...
do do oS, A. & O.,
funding act, 1866
do
1868
New bonds, J. & J
do
A. &0... .,

do
do

Bid.

6s, cp., '93-4

South Carolina

.

108 >»

& St. JoB.,due 18d6.

Han.

BBOrBITISS.
OhIoSB.1885

«S

Tl«
101
104
110
100
101
\0i

Ask.

York State—
I
New

85

. . .

Bid.

SKOITBITIBB.

Ask.

SO
SO
50
SO
60
50
BO

do

106

"iK
SOH

8«
SOJi

registered

RAILROAD AND MISCBHiANEOUS STOCKS AND BONDS.
Kallroad stocks.
.

Central Pacific

4

79H

Alton
pref

do

Cleve. Col. CIn. 4 1
Cleye. 4 Pltuburg, ga«r..
Col. Cblc. 4 I. Cent

4

Dubuque

Sioux City.

27H

m

.

Krlepref
188

Harlem

138

Jollet4 Chicago
Kansas racltlc

Long

Island

Missouri Kansas

4

MlPBlsslppI.pref
W. 4 Ch., guar.,

special.
do
Beniselaer 4 Saratoga .

do

Og..
T. U. . .

4

Louis Alton

do

&

Terre Haute

Indjpolls..

a

4

DnItcdN.J.R.

iniscel'on* Stocks.
28

Atlantic* Pac.Tel

Am.

District Telegraph..
Canton Co., Baltimore. .

American Coal

OnUrlo

pref.

Silver Mining.

..

Railroad Bonds.
(Block Exchanae Prices.)
Boston U. 4 Krie, Ist m.
do

guar.

Bur. C. 114 North.,

MlnB.«

...

Ist 58.

St.L.,lBt 78

gua

4 Ohio Ss, 1st 10..
do
ex cone
Chlcigo 4 Alton Ist mort.
do
Income
Jollet 4 Chlcago.let m.
Chesa,

Ls.

4 Mo., l8t m., guar.

8t.L.Jack.4 Chic. .Ist m.
Chlc. Bur .4 (i. S p.clstro

do
consol. m. 78
do
58 sink, fund
Cb.Rk.I.4P. ,s.f .lnc.6s,'95.

6b,19!7, coupon
6s,l»17, reglsfd
Ceatnl of N . J ., 1st m., -90
do
do Ist consol.

do
do
do

do bSBentcd
do conv
do assented.

4 W. B. con.gu&r

Lehigh
do

do

assented.

Am. Dock 4 Imp. bonds
do

do

hs&ented.
<3lJII1.48t.P.lstm.8»,P.D

Jdm.7 310, do

do
do
do
do
do
do
do
do
do
Cblc.

I8t78, »g.,li.U
Ist m..

l8tm.,1.4M...
istm., I. 4D.

lstm.,H.4D.
Istm., C.4M.
consoLslnk.fd
ad

4

m

^^

.

do
w. D.
do Bur. Dlv.
do 2d mort.
do consol. 7>
ToL 4 Wabash, 1st m. extend.
do ex coupon
do Istm. St.L. dlv... ...
do ex.matured coup..,.
do 2d mort
do Kx 4 Nov.,71, conp.
do equlp't bonds
do con.convert
do Ex. Ang.,'78,4 prey's

m

constmct'n
7s.

Great Western,
do

I8«I

extended.
coop, is, ISM
feg. ;s,I8W
1st

»•>..*''..„
Albany
4 Sosq. 1st bds.
do
^d do
8d do
Jo.
1st eons,

2d mort.. pref ..
2d mort. Inc'me

4o
do
do
_ do

of 1871
« . - _do Ist con. guar.
D«l.*HDd.Canal,lstSi.,-8<

'1'^

m.

4 S. Ill.u. Ist m. 8s
Tol. Peoria 4 Warsaw, lat K.D

Ksaex, 1st.
2d mort..
bonds, 1900.

ma-

4 Baratoira. 1st en

3d

Belleville

m.

Sdo

Bans.

do

do
do

7s, conv
mort.. 7s, 1907
T. Bln«h.4N.Y. let.is

do

,

4 Pitta., consol.. tj..
4th mort
4 Ind. C, 1st mort
do
do
2d mort
Rome Watort'n 4 Og., con. 1st
St.L. 4 Iron Mountain, 1st m.
do
do
2d m..
St. L. Alton 4 T. H.,lst mort

<lo

«o
do
do

Hudson K. 78, 2d m., s.f., 18%
Canada South., 1st guar

do

2d mort.
C.C.C.4Ind'slBtm.7s,8F.
do
consol. m. bds
Del. Lack. * West., 2d m

do
do
do
*o

Hudson, let m., coup
do
1st m., reg.

Col. Chic.

Peninsula. Ist m., conv
Chlc. 4 MUw., let mort.

4

4

6s, 188S
68, 1887
68, real estate...
6a, subscription.

Cleve.

.

orris

Mich. Cent., consol. 78, 1902....
Istm.Ss. i882, B.t.
do
equipment bonds.
do
New Jersey Southern Istm. 7s

do

cp.gld.bds.

St. P., 1st

ibV
109
111
111

lis

* I'rloe BonUnal.

1st

m.,

1888..

ex conpoo

do
2d mort.. "as
do Ex 4 Nov.,'77,conp
Qulncy 4 Toledo, Ist m ., '90.
do ex mat. 4 Nov.,'r7,con.
Illinois 4 So. Iowa. Ist mort
do
ex coupon
Han. 4 Cent. Missouri, Istm
Pekin Llnc'ln 4 Dec'fr.lst m
t

And

Union 4 Logansport J
10»H Un. Pacific. So. Br.. 6a.
West Wisconsin 68,g.,new
do
do
1. gr,, 78,
.

do
de
do

sewerage
78, water
78, river Improvem't
Cleveland 7t>, long
7s,

Elizabeth City, 1880-1905
do
1885-9S

Hartford

68, various
Indianapolis 7*308

1.308.

STATES.

t 98
tl04l« 105)4

tI05
tl04
tl07>i
tllO
177
t7B
104
tl06

107

Oeorgla'68.'

105

3.

19
lU

1903

111«

RAILROADS.
& P. Peiik, 68. gold.
40
Boston 4N. Y. Air Line, l8tm 101
Bur. 4 Mo. Itlv., land m. 78
Ui%
do
convert 83. var. ser. 110
Cairo 4 Fulton, 1st 78, gold...
72«

106

Centra] of

112

80
112

105
108

California Pac. RR., 7s, gold .
do
6s, 2d m. g.
Iowa Istm. 7s, gold.
-'

Keokuk 4 St. Paul 88 .. .. ^
Carthage 4 Bur. 88
104*4,104)^ Dlsou Peoria & Han. 8b..
117«
O. O. & Fos R. Valley Ss.
104X

.

.

4 Warsaw 88
111
Illinois Grand Trunk
Chicago & Iowa II. Ss
7SH
j ^.^
120
Chlc. 4 Can. South at m. g. 7s,
Chlc. 4 East. 111. 1st mort., 68.
120>t
U'3
do
.2dm. Inc. 78.
98
Chlc 4 Mien. L. Sli. Ist Ms. '89.
»7« 98« Chlc. 4 S'thwestern 78, guar..
83^ 65
Cln. Lafayette 4 Chlc., Ist m
Col. 4 Hock V. Ist 78, 89 years,
Quincy

\

106^4

93

106M

van

91 ^i

103>,

*

io»)«:i04
101^1 102>i

»-85
J1I7
103
lUS
93

do
do

1st 78, 10 years.

2d 7s, 80 years..
Connecticut Valley 7s
Connecticut Western Ist 7s...
Dan. Urb. Bl. 4 P. let m. 78, g

I'om Erie

W5>4\iba

97H

80

85K

4 Pittsburgh

95
81
35
t:oi
tioi
tl02

con. m. ,7s.,
78, equip...
Evansvllle4 Crawfordsv.,78..

4

BvansvlUe Hen.

Nashv.

78...

Bvansvllle, T. H. 4 Chlc. 78. g.
Flint 4 Pore M. Ss.Land grant
Fort W., Jackson 4 Sag. 88, 89
Grand R.4 Ind. Ist ;8,T.g., gu.

67«
95
14
14

West, dlv

Waco

consol. bds..
Indianapolis 4 St. Louis let 7s
Indlanap. 4 Vlncen. lBt7s, gr..
International ^Texas) iBtg...

85
22

New

H.

4

119
115
114
112
lOiii lOiii

New

.

.

.

_
Tol.
,

do

Can. 8.

4

78. 1st

Det 1st7«. g

t.No Brtce to-day

;

77
66
75'

C3

36
34
35
20
20
38
45
29
85
85
32
40

3s

,

5s..

.

Wharf Improvem'ts, 7-SI
Norfolk SB
Petersburg 6s

CO
95

8b

Richmond

105
102
55
55

68

Savennali78, old

new

7b,

Wtlm'ton,N.C.,6s,g.

gold

8a,

[

coup

I

on.

104

60
65
80

RAILROADS.

4

Chatt.lst m. Ss.end
Kecplver'8 Cert's (var's)
Atlantic 4 Gulf, consol.
Consol., end. by Savan'h
Ala.

60

W

40
36

Carolina Cent. Ist m. 6s,g.
Cent. Georgia consol.m.7s

Stock

4

Charlotte Col.

A.

1st 7s
88.

S5% Cheraw 4 Darlington

East Tenn. 4 Georgia 68.
E. Tenn.4 Vs. 6e.end.Tenn
B. Tenn. Va. 4 Ga. 1st. 7s

78
ibi

105

41
48
•83

53
87

'94

9«><

Stock
Georgia RR. 78

108
55

70
105
85
90
loo

73
96
101

40
1C5

68

ma

7S
78
[88
60
84
5S

stock
Greenville
;s, guar.

88

2d endorsed,

62

stock

91H

Memphis 4 Cha'ston

84
84
71
70

2d

90

ist 78

82

Memph. 4

Kock iBt
Cent. 1st m. 7

Little

ist mort.. 88.

4

107

88

105H

88

B

—

Ohio sterling
Sterling ex cert. 68

100

41
101
105

2d mort. 5s
•a mort., ex coupons...
Miss. 4 Tenn. Ist m.Ss, A.

ibox Mobile

-mi

lOU

7b..

Stock

Mississippi
'66
19

4 Col. 7b, Ist m.

Macon 4 Augusta boads..

".01

.

.

'60

96
65

Orleans prem.
Consolidated 68

32
42
63

Kansas City 4 Cameron iOe.
tl03
Keokok 4 Uoi Moines 1st 78..
74
do
funded Int. 8e
SO
Long Island RR., Ist mort.
97«
103
;04« Loulsv. 4 Nashv. cons. m. 78. lOB
(86
do
2dm.. 78. g..
n'W
103
iio
Michigan Air Line Ss, 1890..
104^
60
Montclair 4 G. L.Ist :§, (newj.
30
23
do 2dm. Vs Cold m., Ists)...
2
Mo. K.4 Tex. let 78, g., 1904-'06
39
\^
do
2d m. fncome...
{96
'22
N.J. Midland 1st 7s, gold
S. Y.Elevated KB., istm
b6
N, Y. 4 Oew. Mid. I8t
5
do recelv's ctfs.dabor)
27
do
do
(other)
20
Omaha 4 Sonthwestern RK. Ss lis
Oswego 4 Rome 78, guar
B«
78« 75
Peoria Pekln 4 J. ist mort
•15
Pullman Palace Car Co. stock.
69)»
65
..bds.,
8s, <th series
UIM
o. > 2°r
"iifi St.
L. 4 I. Mt. (Ark. Br.) 7s, g.
St. L. 4 San F., 2d m., class A.
i§«
34'
37
do
do
class B
25
"io
class C.
20
o. . .50
99
St.L.48o'east.
98X
cons.7s,gold,'»)
26
8t. Louis Vandalla 4 T. H. 1st.
65
do
2d, guar
85
90
Sandusky
Mans.
4 Newari ts. 86
?."
76
South Side, L. 1., Ist m. bonds.
88
do
sink. fund...
35
Bontbern Minn. Ist mort. 8b.
84
20

104
101
100
53

Railroad, 68

ios
10)
90
4S
20

W

43ii

bonds

97
52

new

6s,

195
91

G. N. conv. 8s
10
130« Iowa Falls 4 Sioux C. Ist 7s... t88
Jackson Laos. 4 Sag. Ss.lstm. tl02
Kal. Allegan. 4 G. It. Ss.gr...
Kalamazoo 4 South H. Ss, gr.. no
Int.

78,

97

102
96

Nashville 6s, old

101 )«

lOlk

'25

4

do
do
do

84

and B
Endorsed, M. 4 C. RK.
Mobile 5s (coups, on)
8b (coupons on)
68, funned
Montgomery, new 5a

74
98
85
39

21

Isfis, 1. g., notgu.
iBt ex 1. g. ,8.
50
Grand River Valley S», 1st ra tlOO
Houston
Gt. North. Ist 3s, g.
S6
Hous. Texas C. Ist 7s, gold.
89

4

lOlK

A

Bonds

63

99
80

44
73
48

'l87S-''89.'.'.'.".

Macon bonds, 7s
Memphis bonde

n\\.% 112
tllOK lllH
llIX

18

43
70
48

'.

Carolina con. 6s (good)
Rejected (best sort)

Columbus, Ga.,
Lynchburg 6s

. . .

Ist 7s

do
do

do
do

tab'

accrued interest.

'.

63
70
Texas 6s, 1892
M.4S, tl02 103
80
7s, gold, 1S92- 1910.. J.&J. tllO^ 111
80
115
7s, gold. 1904
J.4J. tll2
107
102
108, pension, 1894.. J.4J tlOl
107«
96
CITIES.

Denver Pac, 1st m.7s, ld.gr.,g.
Denver & Itlo Grande 78, gold.
Detroit 4 Bay City Ss, end
't70

ioi«
106

'.

.

lOSX Atchison
iiis

t....

consols. A..

B.53

98
;09

..

Yonkers Water, due

5«X

(Brokers' Quotations.)

Alabama new

Long Island City
•107 108
Newark City 78 long
Atlanta, Ga., 7s
Water *s, long...
do
iim
Oswego 78
•100)1
Waterworks
Poughkeepsle Water
110
lllH Augusta, Ga., 78, bonds.
Rochester C. Water bds., 1903. lilit
Charleston stock 6s
Toledo 8s. 1889-'94
106
Charleston. 8. C, 7s, F. L.
Toledo

63

60
40

Soath'n Securities.
103
109

DetroltWaterWork878

.

reg. do
lit m. 8b.
Chicago Kit

Winona 4
do
., „ „

Det.

.

Iowa Midland,

4

110
102

,

Istmort.

Salens

4 Erie, new bonds..
4 State Line 7s
Kalamazoo 4 w. Pigeon, Ist

Harlem, Istmort. 78, coup...
do
do
7s, reg
North Missouri, 1st mort
23«
Ohio 4 Miss., consol. sink. fd.
consolidated
do
2d do
do
...
Ist Spring, div..
do
Pacific RailroadsCentral Pacific gold bonds.
do San Joaquin brar.ch
do Cal. & Oregon Ut
do StHte Aid bonds
do Land Grant bonds..
Western Pacific bonds
Southern Pac. of Cal.. 1st m.
Union Pacific. 1st mort. b'ds
Land grants, 78.
do
108H
Sinking fund...
do
msH Pacific R. of Mo., Ist mort..
do
2d mort
Income, 78.
do
do
Ist Caron't B
South Pac. of Mo.. iBt ra
Kansas Pac, Ist m.. 6s, 1895..
do
with coup. cifs.
do lstm.,6s,lH96
do
wlih coup. ctfa.
do let, 7b, Leaven.br., '96
do
wlthcoupclfs
do l8t,7e,K.4l..G.lJ'd.'99
do
with coup. ctfa.
do Istm., ,8, rd gr., '80.
with coup, ctfs
do
do Inc. cp. No. 11 on 1916
9UH 100
do
Inc. cp. No. 16onl916
_
Pennsylvania itit—
Pitts, ft. W. 4 Chlc, Istm.
do
do
2dm..

ext'n bds..

do
do

Central—
Dubuque 4 Sloox Clty.ist m }100
2d dir.
do
do
Cedar K. 4 Minn., let mort.
"ii
Indlanap. Bl. 4 W., Ist mort..
mort..
do
2d
do
Lake ShoreMich S. & N. Ind., S.F., 7 p.C. no
{lOJ
Cleve. 4 Tol. sinking fund
do
new bonds
Cleve. P'vllle 4 Ash., old bds i&'
new bds 110)4
do
do

do
do
do
do
do

N. West. sink, f d
do
Int. bonds.
do
consol. bds

do
do
.

La CD.

"»»% 100

Illinois

N.Y. Central

Gonsolldat'n Coal of Md.
Cumberland Coal 4 Iron.
Maryland Coal
Pennsylvania Coal
Spring Mountain Coal

MarlpoBaL. 4 M. Co
do
do

4

E, let. m., 1916...
Buff. N. Y.
4 St. Jo., 88, conv. mort.

Han.

109
t....

CITIES.
AIbany,N..y., 68, long
Buffalo Water, long,
107>i Chicago 68 long dates

i09X 110

Mon. & ToL.Ist 78, 1906.
Lake Shore DIv. bonds
Cons. coup.. 1st.
do
Cons, reg., 1st..
do
Cons, coup., 2d..
do
Cons, reg., 2d
do
Marietta 4 Cln. 1st mort

pref.

BelleTll!e4 6o. Ilt.,pref
Mt. 4 Southern...
Bt.L. K. C.& North'n.pref

Bt. L. I.

reg
iniscellaneons Ijlst.
iBrokere^ Quotations.)

108
bds.

do

do

10«« 109
1II5H 108k

do
7s,1830
do
7s, 1888
do
do 7b, cons., mort., g*d
do Long Dock bonds..

Buffalo
Buffalo

Rome Watertown 4
do

weiitern Union Tel., 19UU,cp..

.

.

Pitts. Ft.

Bt.

extended
7s, 1»?9
78, 1883

n

4 Texas.

Hew York Elevated RK..
N. Y. New Haven 4 Hart.
Ohio

115
115
tl0«

Saratoga, tstreg

2d do
3d do
4tb do
5th do

do

Susquehanna.
Burl. C. Rap. & Nortbern.

Chicago

4

Kena.

Erie, Istmort.,

Active preci'usiy ffuot'd.)

i LlbanT 4

Ba

80
50
20

88, Interest
2d mort. 8s
N. o. 4 Jacks. Ist m. 8i.
Certificate, 2d mort. 8s.
."Jashvllle Chat. & St. L. 78
Nashville 4 Decatur Ist 7s
Norfolk 4 Petersb.lst m.8s

108

ioc^
101
101

Istmort.
2d mort.

5

40«

Northeast., S.C, lat

24
87
8
34
25

Orange 4Alex'drla,

m,

8a.

2d mort. 8b
l«t8,6s

.as,«B
9dB,8s

69

4tlis,8s

Klchm'd 4 Petersb.lst 7s..
113X Rlcb. Fred. 4 Potomac 6s.
mort.

93

7s

Danv. lstconsol.68
Southwe8t..Ga ,conv.78,'86
itlch.4

93
68
48

Southwestern, Ga., stock.
S. Carolina RB. lat m. Is.

V^
22

7s, Don mort
Savannah 4 Cbar.lst m.

35
02

West

78,1902

Cha'ston

,....

4

Sav.

Ala,, Ist

6s,

mort.

PAST DOE COUPONS

40
88

Tennessee State coupouB..
South Carolina consol
Virginia coupons
Conpol. ro'in..

.

<-.

72
101

30

end.
Ss

5I«

.

Memphis City coupons

mada this week.

,.

7s

2d m.88, guar

these a.e latest qootallopa

19
96
90
95
70
100
75
80
29

...

108)t
1C6

»A

8

.

AtiouBT

.

THE CHRONICLE

24, 1878.]

NEW YORK
Bank

197(

LOCAT^ SKCURITIES.
Insaraneo Stock List.

Stock List.

[QuoUtloBs by
CtriTAi.

ConrAViiii.

DrriDBasa,

Surplna
at latest
'

Mark 'd thai

(•)

Amarlea'
Am Kichuigg

nowerj

UroA'lWAT
Balrbari'.* Dr.

Cwtni
Cpt'

,

CbMhmui

dataa

Amonnt

tn BOl Nal'l.

»,ooo,ooo 1,080.700 J.A J.
s.ooo.noo l,8>5,fl00 M.*N.
isno.ax)
184,400 .).* J.
I.IKU.IKX) 1,100,700 .1.* J.

a

8

7
18

i5«

88

i«

fXKI.OOO

aH,(ioo

.).*J.

10

8,000,000
800,000

ao^jioo
17.000
100,000
8,100,600
150,800
l,sei,doo
2,723,300
887,100
781,200
08,800
13,000
4H,0n0
145,000

J.AJ.

8

ChMDical

400,000
HOO.OOO

Cltlxena'

(100,000

,

City

Commaroe

1,000,000
^,000,000
1 ,(00,000
1,000,000

....

OiwU*«nlal ..
Corn Czch'K<*
SMtRlrrr....

880,000
100,000
150.000

nih Ward'....
Fifth

..

COHPAXai.
Period 1878. 1877,

..

nfth &Teane>

J."*'j!

10
8

A

J.

a

F.«A.
J. A J.

10

.1.

800,000

UanoTer

1,000,000
i,eoo.ouu

28,000
145,800
1,886,300
108,800
8,000
415,700
1,103,000
10,100
77,200
887,100
815.70O

IrTloff

UlaadCitr' ••

Leather Manor

Manhattan'

Mannf.AMer.'
Marine
Market
Maehanica'
Mecta. Aflsoc'n.

noo.ooo
100.000
000,000
8,000,000
100,000
._.
400,000
100 1,000,000

898,000,000
00 600,000
251 800.000

Hech'lca & Tr.
Mxrcanllle
100 l.()0<l.00fl
Merchants'. ..
liO 2,0(K),0<)0
Merehanta' Ex. so i.ooo.ooo
MetropolU*.
'no.ooo
loot
Metropollian
loo.a.ooo.i'oo
.

Murray Hill'.

Haaaaa*
HewYoric. ...
N. r.Connty.
N. y. N. Exih
Ninth
No. America'.
North River'.

100,0(10
lOOi 1.000,0(10
100 3,000,

7.'>0,0(K)

70(1,000

240.000
300.000
422.700
I'ark
:.
lOO 2,000.000
Peoples"
25 412.500
Fhenli
20 1.000.000
Produce*
100 200,(X)0
Republic
lOO l,5<XI,0Oi
8t..Slchola>... 100 1,000,(100
BeTenth Ward 100 300,000
Second
100 300.000
Shoe ± Leatbe'r 100 1,000,000
SUvh
100 200,000
State ofN.Y.. lOO 800,000
Oriental'

PaciHc'

Third

Tradeamen'a.'.'.

Union

id

"18

7M

7

7«

A.

7.4

A

J.

J.
J.
J.

.I.A.I.
J. A J.
J. A J.

AA
A J.

P.

J.
J.

4

J.
.1.4 J.

J.& J

"e
8

7

8

"3

S

7

14

14

10

8

««
12
8

18

9

5
3
9
8
8
8

M. AN

M AN

8»

65,2001

i 19.500

if" lb

M.«N

1,«00
3 '.6, 100
162.000

"e

"l^
4

8
3
8
"u
12
8
10

Q-F.

243,200 J.
155,000 J.
141,700 J.

A.J.

A
A

J.
J.

f.aa!
F.AA.

8M0fl

48JM0

M.AN.

10
10
7
7
3
9
8

J.

8

J.

A J.

193.900 M.A.N.
nil.
J. 4, 1.
309,400 J. A J.
tt94,20«

200,000

87,000

.;.

A

j The ngnrci In thla column are of date
date Jonc tiii tor the SUte banks.

June

'78.

118M

Jul'"
uly, •w.

'a

Apr.,
Feb.,

May,
May,
May,
Jan.,

8
5

•78.
'78.

836
340
96
125

ISO

8«

'74.
'78.
'77.

8
6
6
3

•78.
''-•7.'

A

July, •78. 3X 100
July, '7B. 7
193
July, '78. 4
Jan., '78. 3
July, '78. 8

Auk

,

7H. 4

140

an

•75.
•78. 6
July, '78. 3J<
July, •78. 4
May, '77. 8t<
Nov., '77. SJi
May, '78.
July, '78. ,S
.lulv, '77. 3
Jan., '78.
July, •78. .5
July, •78. 3
May, •78.
July, •78.
July, •78.
Aug., '78. 4
Jan., '77. 3

'85

Aug,

\

85
116

Manut.A BuUd. 100
Manhattan
100

0S<

N.Y.

'78.
'78.
'78.

3>,

Jan.,
Jan.,

May,

'78.
uly. '78.

Niagara
North P.lver....
Paclflc

107

Park

Brooklyn Qa« Ughi Co
CltUens^GasCo (Bklyn)
do
aertiilcatea
„
Barlem

5

Keller

4

Republic
Kitigewood

100

Kutgers'
SaletFuard

100

and ot

Jersey City

A Hoboken

Manhattan
Metropolitan

do
certiflcatea
Mataal,N. Y
do
bonds
Kaasan, Brooklyn
do
scrip
Haw York
..'.

,

People^s (Brooklyn)

_

do
do

Central of

do
do

10
1.000

bonds
certificates.

New York

,

WlUlamaburg
do
scrip
Metropolitan, Brooklyn
Moniclpal

,

Var.
80
80
Var.
100
100

Jiily

x73
98
70

80
100
80
160

A J.
J.

Junt',

2,800,000 M.AS
1,000,000 M.AS
6,000,000 Qnar.
1,000,000 F.A A.
1,000,000 Var
700,000 M.AN.
4,000,000 M.AN.
1,000,000 J. ft J.
826,000 M.AN.
300,000 J. AJ.
486,000 F.A A.
1,000,000 Quar.
1,000,000 J. A J.
1,000,000 M.AN.
1,500,000

lur.
»UK.
July

A

tQnoUtlons by H. L. GRAyT. Broker.

145

Aug.,

July

May,
May,

Mroadaav
1st

it

Hevtnth .Aae—atk..

mortKage

BrooUyn ajK— stock
lat mortgage
AwodiMy ( SroatlimJ-atock..
moolUm >t Bunter't A—stock.
tat mortgage bonds
BuiAwlct At!. (A'tlun)— stock
Usmral Fk.. y.,t B. Blver-ttt.
Consolidated mortgage bonrs.
.

Dock, E. B. itSoMery— stk.
Dm
lat

mortgage, cons'd
AfAIA 4r«nti»— stock

latmortgatte.
24 A. 4t Oram St /<rrv-atock
1st

mortgage

loam- stork.

L«s*'al Cross
1st

mortgage

...
.

ifaw w on. Wat t.itPav.F'if—tXX.
latmortgage
Meoatf Aesnua— stock.
5d mortgage
Cons. ConTertmio

KnenaioB
As<*A»en>w- stock
1st

mortgag*

Imrd ^sAw«—stock
latmortgafe
liMofUii-tl^i atrtet~»\ocK
1«t n'ft.'..,*,,

100

900.000
694,000 J. A J.
100 2,100,000 Q-J.
1,000 lAOO.OOO jTad,
lU 8,000.000 Q-F.
1,000
300,000 M.AN.
100
200,000 Q-J.
100
400,000 A.AO.
1,000
300,000 J. A J.
100
600,000
100 1,800,000 J. A J.
1,000 1,200,000 J. AD.
100 1,200,000 Q-F.
600AC
900,000 J.
100 1,000,000 J.A J.
1,000
803,000 J.AJ.
100
748.000 M.AN.
1,000
!38,000 A.AO.
100
600,000
1,000
800,000 M.AN.
100
260,000
800
600,000 JVii'j!
100 1,199,600 Q.-K.
1,000
180,000 A.AO.
1.000 1,060,000 M.AN.
SOOAc.
800,000 A.A II.
100
750,000 M.AN.
1,000
416,000 J.AJ.
100 8,000,000 Q-r.
1,000 •^,000,000 J.AJ.
100
600,000 J * J.
860.0CO %fAV.
1,000
1,000

AD

150
180
781130
'78: 103
'78' 72
'78 95
'78 72
781 9J
'781

90

Jap., '76
Ju'y,

Feb.,
SO

Ju.y.

J.iy,

vay,

,61

DO

July, '78
J'Iy,190fl
July, '78
June, '84
Aug., '7S 180
Nov., '80 104
July, '78 135
Oct. '78 78

25
60
100

!85

liW.
do
Floating debt stock. ... I860.
18«5.«.
Market stock

175

no

100

"SO

'w

Imprjvementetock
ao
do

Consolidated

50
July, •SO 105
Aug.,^78 -,03
July, •OO 95
Ann.,^78 (15
M,.y. ^93 100

County

West(^hester

8
6

BrooittVK— Local lupr'am't.
City bonds
» ...
do

100
86
108

Pnrktwnds
Water loan bond*

lid
12s
118

Bridgebonda

Water loan.
City Donas

68
80
140
100

68
100

130
'Mi
iai<

188

urn

no
so
no
88
1»
108

1S8
880

70
i35

97
114

08

no
no
87
80
ISO

88
140
108
170

80
140
180
108
180

89
1:0
180
840
113
188

70

97
80
107
98
138

no
iOO

Wall Street.]

6
8

7
8
8
6

7
6
6

7
6

7

%'
1

Jerty {My—

118

Waim

100
100
108
'

.

loan, long..

Ask

Bid.

1878-1880 100
1S78-I879 100

101
lOS

101« 108

1890

ir
117

18H4-I911,104

May A November.
May Aug.A Not.

1884-lflO0;10H

107
101
do
do
100
do
do
116
May A November.
106
18tl8
100
1878
Feb., May, Aug.A Not,
May A Novonibor. 1864-1897 117
108
1888
do
do
1879-1890 108
do
do
1901
108
do
do
1888
lOSM
do
do
1870-1888 108
do
do
irs
1880
Jannary A Jnly.
100
1804
do
do

Feb.,

Jr.,

.'innarr

do
do
do
do
ao
do

A

July,

do
do
do
do
do
do
November.

108
108
107

1907-1911
1878-1898
1877-18B6
1901

Broker. IH Wall

I
106
114

iSg
108
109
I

107

at.]

1^

1878-lNSO 101
1881-18051105
1915- 1924,

1903
1915

lis

nSH

'1I6K xwii

iiiSNiioQ
irmi

\90i-\90e, 108
1881-1866 104

107
108
100
19M
1O0M lOS
1907-1910:107
IflB

I880-18H3 103
1880-1880 108

1

flat.

[Qnotatlons by C. Zabbiskh. 4: Montgomary

80

due.

1883-1.'<90 103

Jannary * Jnly.
do
do

Brldg-

•AliBrooklyn bonds

Pbiob.

Bonds

do
do
do
do

do

do
do
do

May A

Kings Co. bond*.
do
do
Park bonds

84
90
SO
100

Tkla calosiBtboWB Uit dindend ob Hockt, bat Ute date ot maturity uf borUU

40

May Aug.A Not,

Feb.,

[Quotations by N. T. Bbbbs,

May, "m
Oct.. '83
Mav. '77

—

1869

....18H.
var.
Consolidated bonds
var.
Street Imp. stock
var.
do
do

New

86

13
84

Apr.,-;8

DA^^XLA. Mobax, Broker,

York:
lMl-83.
Water stock
1854-57.
do
Croton waterstock. .1845-51.
..1352-60.
do
do
Croton Aqued'ct stock. 1865.
pipes and mains...
do
reservoir bonds
lo
Central Pai k bonda. .1853-57.
..1853-65.
00
do
1870.
Dock bonds

101«

j'aiyi "94

Bid. Aak.

.

Nin

25
96
88

Nov.idM

Last Paid

Months Payable.

80
88
90
100
67
98

80
92)< 96

1878. 1870, I8T7.

Lntbrbst.

'78
'78 110

10

50

[Quotations by

78
97
95
30

90
80

Apr.,'«3 100
<0

25
25
25

76
102

108

Jan., '84 100

.

Patoa.

I,

I8TO.'

I

104

80
July. '78 58
97
iW8
Aug., '78
June, '98 101

Apr,

!00

Tradesmen's....
United States..
W(.Btche«ter. ..

13.1

100

1888

May,

Nicholas....

jQjr

* Over all liabilliles. Including re-Insurance, capital and rcrlp.
t Inclusive of
Igure^ ulib a minus sign before them show that the lompany I*
impaired to that extent.
Cttjr Secarltlea.

Broadway.]

Jny,

25

Standard

scrip.

«
Blaadtar Sl.<t Futton/erri/-*tt.
Ist mortgajte

100

Wllllamsb'g C
155

Apr.

38,«,000 J.
4,000,000 J.

Ask

145

Feb.,
July,

1,860.000

Bid

Apr

F.AA.

320,000

60
20
50
100
V-r.
100
80
Va-.
100

«

A.4

l.COO

1,000

Var.
Var.

Date.

60

Stuyvesant

J

50
60

Star
Sterling

St.

25 2,000,000
20 1,200,000

K'O
80

Produce Exch. 100

OiTtDima.

fnrpln*,

.

50
25
28

4

29th for the National banks,

Amount. Period.

37l|i

35
100
100
100

3

(Oaa Uaoutlona by Ueorge U. Prentiss, Broker, 30 Uroad Street.

Par.

25
50
50
50
50
50

Peter Cooper...
People's
Phenli (Bklyni

Gas and City Railroad Stock* and Bouda.
SAa COMPAKIXS.

B(iultahle

New York Fire
N. y. 4 Boston
83K New York city
85

aw

May,

.

Merchants'
lllontauk (Bkn)
Nassau (Bklyn)
National

100

July, '78. 3
July, '78. 4

3

Mech.ATrad'n*'
Mech'lC8'(Bkn)
Mercantile..

2«

'78.

88
60
60

Knickerborkt^r
Lalayette(Bkn)
100
Lamar..
25
Lenox
LonglBl.CBkn.) 50
28
Lortllard

8

y, '78. 5

T..

brogar, 7 Pine straat, 1

^.

40
60

125

Sn

July,

loo
,80
Fire loo
Commercial .. .oo
Continental... loo
Kagle
,*«
Kmplre City... loo
Kmporlnm.... 100
80
bxcange
60
Farragut
17
Firemen's
Firemen's Fund 10
Firemen's Tr .. 10
100
Franklin
Gorman-Amer. 100
60
Germaula. ...
50
Globe
25
Greenwich....
100
Guaranty
100
Guardian
Hamilton
15
Hanover
60
60
Hofltean
100
Home

Columbia.,

100
Irving..,.
30
Jefferson.
Kings Co. (Bkn) 20

95

July,
3
July,
4
July,
3
July, 74. 3«
Aug., '78. 3

Ju

17

80
70

Importers'A

3

'77.

Brooklyn..
City
Clinton

Howard

100
126

2K
3X
4^

'77.
'74.
'78.
'78.
'78.
'78.
"78.

80
SB
SB

Hope

3X

July,
July,
July,

loo

Cltliens'.

Amoaat

Bailt.

Net

July, TM. 6
80
88,810 10
800,000
10
10
18,IWI 14
Joly. 78, MM
200,000
SB
10
July. 78. 7
400,000 tO«<l,80l 18
16
18
Jnly, 78. 8
78,778 10
800,000
10
10
617 8
Jan., •77. 4
800,000
8
4
78,648 10
Joly. 78. 8
10
800,000
10
June, 78.10 iHO
800,000 418M1 SO
SO
SO
Aug,, •78.10 190
800,000 !!07,»H0 SO
SO
so
Ju'y, •78.10
168,000 S0W,78« 80
88
so
Jnly. '78.10
170
800,000 t4M8,41l6 SO
SO
so
810.000 178M0 80
SO
17W Aug.. '7H,8-72 120
July. '78. 8
110
800,000 148,780 SO
SO
18
8,088 !0
July, 77. 6
60
800,000
10
8
10
Jan,, •77. 8
08
10
800,000
8
Jnly, '7M. 9
88
800,000 I78>)4 SO
88
1,000,00 tl00«B19 98( ll'4S 1880 Ju'y, •78.6 78 i8»
Apr. •78.10 suo
800,000 617JW8 80
80
80
July, •78. 6
106
14
800,000 102,483 14
14
10
200,000 —11,973 10
8
Jan., •77. 8
110,106 16
Aug., '78. 6
i'l'd
800.000
SO
18
154.588
18
200.000
18
July, •78. 7X 188
90,806 iS« 10
103
204.000
18
Joly, •78 6
40
10
10
Jnly, •77. 8
150,000 —18,880 10
87,881 IS
18
100
150,000
12
Jnly, •78. 8
-18,0.'8
200,000
720,101 io" ib"
1,000,000
ib
Jnly,' '78!'5
iii
30
140
500,000 679.890 10
30
Jnly, '78. 7
129,778 18
«0
80
Jnly. '78. 6
108
200,000
321,187 68
200.000
40
40
Jny,
8
200,000
Jan..
80
8
Jny. '78. 8H 80
200,000
33,298
10
137.'i07
July, "78. 7X 120
150,000
80
Jnly, '78. 8
187
500,000 599,219
10
July. '78. 6
00
96,2-.i3
200,000
10
8,000,0f0 1,179.042
110
Jnly, "78.
10
1' 0.000
19,135 _July, '78.
10
Jnly, 78
ibo
144,788 12
500,000
12
100
108.807 18
Jair, '78.
200,000
12
41,845 13
Jnly. •78. 8
80
200.000
18
Mar., '•%
200,000 t298,081 10
10
199,086 20
Jnly. 78.10
150.000
20
21. 568 20
Jau , 7o.
280.000
10
182,778,20
Jniv, 78. 8
140
150,000
20
126,421 10
100
200,000
.July, 78.
10
LVl.OOO
51,864 10
88
Ju y, 78. 8
10
180
20o.n(Xi t294,768|l6
Jnly, '78. 8
80
81,567,10
80
300,000
Jnly, •78. 8
10
200,000 201, 481 10
Ju y, '78. 6 128
18
100
250.000 227,280 14
20
Jnly, '18. 8
IHO
200,000 272,20130
30
Jnly, '78.10
183,521; 10
160
150,000
July, '78.10
20
54,368,10
80
200,000
10
July, '78. 8
ISO
200,000 170.808 20
Joly, '78. 8
20
114,891 20
200,000
18
July, '78. 8
184,761 20
200.000
Jnly. '78.10
115.886 12
1)2
200,000
14
Jaly, •78. 6
180
20
J"ly, '78.10
210,000 382,142 20
170,985 20
200,000
17
Aug.. '78. 7 130
19,550
60
200.000
50,884 10
10
300,0'
65
ib" j'riiyi ''77. 5
10
110
500,000 432,403 10
12
July. '78. 8
125.671 12
12
350,000
11
'78.
Apr..
6
418,974;30
80
200,000
20
Jnly. '78.10 210
101,590,20
20
106
200.000
20
July, '78. 6
20
180
150,000 207,114:20
20
Jnly. '78.10
112,290
20
20
150,000
18
110
July, '78. 6
656,319 15
20
20
Ju y, '78. 5 110
I 000.000
11,281 5
200,000
S>i .Ixn., '77. SX 60
1§« 10
61,635 10
200,000
July. '78. 6
10
•SOO.OOO
t88,061 10
10
it)
July, '78. 6
73,072 11
13
200.000
12
«0
Jily. '78. 6
26
20
200,000 200,231 20
160
Jnly, '78.10
119.037
200.0(0
12X 15X 18
July, '78 8
200,000
19,411 10
Aug., •78 6
10
10
200,000 18»,443 11-6 U'OB 12 36 Inly, '78.883 117M
llOO
300,000
162, 22 12« 15
17)» luly, '78.
200,000
54,227 10
10
10
A"g., 78. 6
180
200,000
150,216 20
20
July. •78. 7
16
120
150.000
181,842 20
July, '78 8
85
20
128
250,0(10
237,990 16
16
18
July, '78. 6
100
300,(00
196,807 10
10
10
Aug., 78. 6
19»
250,000
414,028 20
20
Jnly, '78.10
20

loo

American
,.
American Bxcn loo

commerce

July,
July, ^7§'.l«
Oct., 77, 8H

Aug.

A J.
.J.A.J.
J. A J.

49,100 J.

20',500

4

3
8

3^

»0.(I00

747.000 )J. A J
80,100 .1.4 .1
79,200 F.4A
2liio6iJ.'4 J.
29,500 I. 4.J.
88,000 J. 4 J.
185,800 •J. A J.

•78.

•78.

July,
Jan.,

8
10

81.800I.«.*N.

,

100

8

uly, •78

May.
May.

J.«

July,

Adriatic.
.actna. ...

Uowery. .,
Broalway.

•78.'

Aug,,

Par.

Arolty.. ..
Atlantic...

4

3M

•18.

i§« May,

10

89,200!

100 1,0(0,000
4011,000,000
60 1,200,000

Weatside'.....' 100

P.*

084,300 .1.4 J.
217.800 .J.& J.
45,«0e I. A J.
1^71,500 •I. A J.

'.OOl

200.000
300.000

'

nil.

178,((00

losx

Sept. •78.16
.luly, '78. 8

May,

m

isi

ttrocera*

Iinp.ATradcra'

180

8
8
•W. 8
'77.
•78.

.Ian..

"id

10

M.&N.

Oermaoia*
Oraanwich". ..
It rand Central'

8«

.;.« J.

13,800

780,000
200.000
aoo.ooo

Aro.*.
Eicli.'

78. 4
'78.
•78.

July,
July,
July,
Ju'y,
'lily,'

100

ioa.(XN)
ttT.HOO

U«rmaD
earman

10

BI-mTy 100

J?* J.
M.«N.
A.AO.

U«lalln...

8
8

J.»J. 8
M.AN. 80
.1. A J.
7

880,000
444,800
078,100
40,700
43,N0O
1W.800

3,600,000
800,000
i,noo,aoo

May,

'»'

100,(100
(100,000 1,214,000

r\nt
KoDftb
Pntton

.luly

Aik

Bid.

Laat Paid

K. B.

CAnTAL.

.;

1869-71
do
1866-69.
Sowerage bonds
Aaaeaament bonds... 18iO-71.
Improvemt^nt bonda
'*~
lt«ni«n bond*

Bt.,

Jaraey City.]

1888
101
108
Jannary A Jnly.
1888 1808 wn% 10^K
Jannary A Jniy.
1877-1878 100
101
do
do
lO^W 107
1861
Jan.,May. Jnly 4 Nov.
\vni\om
J. A J. and J A D.
1800 1106
jBBoary and Jnly.

THE CHRONICLE

198

naming-.

AND CORPORATION FINANCES.

The Investors' Sopplkment

1b

& Canada Southern..
& Lake Huron
Det. Hillsdale & Southwest...
Glencoe Pinconning & Lake S
Chicago
Chicago

ASD

STATE, CITY

rVoL. XXVII.
Operating Expenses above

%nms\mtnts
published on the last Saturday

of each month, and famished to all resralar BubBcribers of the
Chroniclb. No BtDgle copies of the Supplement are sold at the
regular
office, as only a suificient number is printed to supply
BubBcribers. One number of the Supplement, however, is bound
np with The Financial Review (Annual), and can be purchased
in that shape.

Hi-cla

j

:

,

J21,964
20^,0»7
112

& Torch Lake

Operating Expenses above
ir.

,_•

Karningf.

.

Michigan Air Line RR
$255 gi
Michigan Midland & Caiiada.
sjn
Toledo Canada So. & Detroit.
96 I84
Total

6,IJo

9,727

Mantf d Loldwater & Lake M.

INTEREST AND RENTAL.
interest and rental liability of our roads for the year
to $13,351,908, a decrease from the previous year of
Of this total liability, $9,069, 104 were discharged, and
$479,285.

The

amounted

$3,653,804 remained a charge agaiuet the defaulting companiefl.

ROADS PAYING NO INTEREST OH PART O? THEIR INTEREST.
Eight roads report no part of their interest paid, an aggregate
$963,107; a sum larger by $99,333 than
appeared under the same head for the previous year
Amount of
Amount of

ANNUAI. REPORTS.

of entire default of

Railroads in Michigan.

Interest.

(For the year ending December 31, 1877.)

Hon. W. B. Williams, Railroad Commissioner in the State of
Michigan has just submitted his report for the year 1877. The
Michigan report has been improved from year to year, and is now
looked for as one of the best reports issued. From the commissiooer's remarks and statiBtics, we condense the following:
capital stock.
The faid-up capital invested in our roads amounts to $145,537,This is an increase over the previous
661, or $28,371 per mile.
year of $2,494,428, in the aggregate, or one and eeventy-five
hundredths percent. This large increase is more than accounted
for by the change made in ilie re organization of what is now
the Detroit Lansing & Northern R. R. Co., by which their debt
account was largely diminisht-d and thair capital account
enlarged by the addition of 12,648,897 thereto. Of the above
total, $118,703,438 is common and $36,833,223 is preferred stock.
DEBT.

The funded debt accounts show a

total of $149,972,124, a
decrease of $621,966 from the 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 to'al debt amounted to $187,271,421,
an aggregate increase ol $3,735,302. The average debt per mile
of road is $33,610.
COST.

The property accounts do

& Bay City

Glencoe Pinconning

& Lake S

;

RECEIPTS IN ADDITION TO EARNINGS.

The

um

receipts in addition to earnings amounted to
$306 971 a
less than that for the previous year by $34
818, or 13 '57-100

per cent.

These receipts, added to the gross earnings, give as the
for the year $39,753,901, a falling off
from the
previous year of $372,108, or 3 12-100 per cent.

total receipts

Interest

Interest

Unpaid.

Chicago & Michigan Lake

S.

Detroit* Milwaukee

345,716

Detroit Hillsdale & southw.
Detroit Lansing & Northern
Flint & Fere Marquette. ...
Fort Wayne Jackeon & Sag.

The

Unpaid.

Marquette Houghton <fc Ont.
Michigan Lake Shore
Saginaw Valley & St. Louis

$494,.320
6fi0

98,868
251,905
95,000

Total,

Tliese amounted for the year to $25,601,853,
a sum less than
that for the previous year by $1,083,3.50, or 4
6-100 per c nt
ihe average expense, per mile of road operated
4"!'
was
The reduction in the expenses of operation has been going$4
on as
Bteadily as the diminution in earnings, the
managers of our
roads clearly seeing that in no other way could
the prnpertv
under their care be kept from actual bankruptcy; and
we find
that the operating expenses per mile of road averacfd
for 187q
$6,0^; for 1874, $5,44J; for 1875. $5,170; for 1876 $4,687 «nd
for 1877, as before stated. $4 431. A comparis
.n of operatinc
expenses with earnings, for the time since returns
made to this office, shows the percentage of operatinghave been
expenses
to earnings to have been, for 1878. 66 69 percent;
for 1874 66-54for 1875, 71-28; for 1876; 66 07. and for
1877. 6474 per cent

BOADS HOT EARNING EXPENSES.
our rofds were comparativelv
•uccesitful in their operations daripg
1877. we find
number than ever before of roads whose earnings did a larger
not eoual
the eipenee of their operation, as Is shown by the
following
collectively,

table-

0,7T«
70,400
17,200

3>

tl.li74,7W

.

shown

in the above table in the case of the Michigan
Lake Shore is the entire interest on the funded debt of the road,
the portion of interest which was paid by the receiver being
that which accrued during the year on the issue of receiver'*
certificates, and amounted to $13,535 33.
The operating expenses, interest and rental of the followingnamed roads exceeded their gross receipts by the several amounts
named, which aggregate a total deficit of $3,739,297, n amount
less than the deficits for the previous year by $989,050:
deficit

11

Excess of Operating Expenses,
Interest

Excess of Operating Expenses,
Interest and
Rental over

and

iiental over
\i come.

Chic.

..

& L. Shora.

449,41.2

Gr. Rapids Newaygo
Hecla
Torcl. Lake

Indiana

&

26»,841
1,351

Wayne Jackton &

84,951

Sag.

should be noted that the

&

L. S.

Mansf Coldw. & Lake Mich.
Marq.Hough'u & Outonag'n.
Michigan Lake shore
Mich. Midland & Canada

89,n5
22 ,088

&

&

Grand Rapids

76,390
10,8S2

&

the Detroit Lansing

Glencoe Pincn'g

637,897

Detroit Hil sdale
Southw,
Flint
Fere Marquette ....

&

Income.

4201,4)4

.

Tol. Can. South.

Total.

deficit

.

.

& Detroit..

|8,581
248,455
5,647
6,145
15,667
lC0,33ti

6s 542
23,360
201,184

...JJ,723,21)7

above table against
only one of accounts,

in the

Northern R. R.

is

this interest not b ing due until Jan. 1, 1878, it was not included
in the interest paid, although paid, wiien due. from the earnings
of the year.

OPERATING

INTEREST AND RENTAL, COMPARES
WITH GROSS RECEIPTS.

EXPENSES,

The operating

expenses, interest and rental accounts combined
for the year to $37,953,761, a sum less than the aggregate of these accounts for the previous year by $3,563,536, or
8 95 100 per cent. These combined expenses make an average of
$6,557 per mile of road, and are equal to 95 97-100 per cent of the
earnings.

amounted

NET INCOME.
The

results of the year's business show a total income from all
sources of $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 sixty-two per
cent over the previous year.
This net income is equal to $350 75
per mile of road owned, and $306 26 per mile of road operated.

DIVIDENDS.
Four companies paid dividends as a result of the year's busi
ness, as follows:

Chicago

A

"

orthwestern, one of 3}i per cent on preferred stock,

amountingto

*

OPKEATINS EXPENSES.

While, taken

$9ii8,107

$1,674,736 71, a partial default less by $602,288 64 than for the

It

f

17,937

Total

year previous:

Fort

gross earnings of the several roads having all or any Porn this State aggregate the sum of $39,545,930, a
decrease, as compared wiih the previous year, of $837,289, or
2 7-100 per cent. The large yearly decrease which has been
stated in the reports o' this office, since 1873, amounts to a total
of $9,613,433, the gross earnings for 1873 having amounted to
$48,158,363, But, as giving a more accurate index of the variation in the earnings, it may be noted that the average earnings
per mile of road were, for 1873, $8,643 63; for 1874, $8 179 94for 1875, $7,239 50; for 1876, $7,094 89; while for 1877 it amounts
to but $6,830 85; a falling off in five years of $1,813 83 per
mile
of road, or more than twenty per cent.
The earnings from passenger traffic were $10,255,365, a decrease of $1,008,577 or
8 95 100 per cent; from freight traffic $27,326,330, an increase of
$280,478, or I 4-100 per cent; from carrying the mails, $974 663 a
decrease of $100,121 from eipress traffic $715,656, a decrease
'of
$44,068; from miBcellaneous sources, $874,014, an increase of
^34,999.

T.averse City

186,400
8,000

—

^158,403,713.

The

Michigan Midland & Canada. Ji2,510
Toledo Canada So. & Detroit 105,000

Nine roads were able to pay a portion of tlieir interest, the
amounts unpaid being as given below, and aggn-gatiug a total of

& Canada Southern....
Chicago & Lake H uron
Chic. & Mich. Lake Shore.
Chicago Detroit & Canada
Grand Trunk Junction
Chicago Saginaw & Canada.
Detroit & Bay City
Detroit & Milwaukee

tion ol their lines

•

Detroit

not at all keep pace with the capital
and debt; the cost of roads and equipments being given at $293,696 859, an increase from the amount for the previous year, to be
char^jed to the increased mileage and general improvement of
property, of $5,674,020. The aggregate cost is equal to $57,062
per mile of road, wbile 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

GROSS EARNINGS.

Interest.

Chicago & Canada Southern.. $179,^80
«9,800
Chicago & Lake Huron
13,V50
Chicago Saginaw & Canada...

Lak.; Shore
Michigan Southern, one of 10 per cent on guaranteed
stock, amonntng to
And one of 2 per cent on common stock, amountingto.! .'.!!.
Michigan Air Line Railway, one of 1-28 per cent on common stock,

amountingto

Mineral Range, one of 5 per cent in stock, amounting to!!..!!..".
Total

-$753,37»
83,880
989,830
3,949
ll!640

$<,811,54a

COMPAKATIVB SUMMART IN
Total length of railroads and

branches

-

Tot. length of railr'ds in Mich.
Total length of double track..
Total length of sidings

1874, 1875, 1876

Miles'
5 278

AND

1877.

1875.

1876.

1877.

Miles.

Miles.

Miles.

5,387

3',314

5,311
3,346

soi
898

303
910

308

Capital stock paid in
138850373
Capital stock paid in per mile
of road
26 713
Total funded debt
166.469,883
Total unfunded debt...,
g 573 n70

—

Toja'deht
895,319!237
T.tal debt per mile of road...
30 128

Totnl stock and debt
825 124*608
Total slock and deht per mile.
56,862
Tot cost of roads & equipm't. 882,106,775
Total cost of roads and equipment per mile
54,453

$

5.486
3,455

3,4 10

308
1,147

1,145

$

$

141,100,867

142,013,833

87,016

87.875

28.371

149,435,83

l.-iO.Sai.ODO

14i),9r2,12«

145,527,661

11.992,249
161,427 832
3 1.945
302,52 ',100
.i, hmj
57,992
2S4,954!630

028

n 299,297

164,516 118
32.0 8
306,679,3 2
5-,9l3
287,122,838

3I2,79it.083
60,981
898,6;16,859

54_6ji

65,176

57,062

]3,9,')2

167,'J71,421

32,610

.

AuOUST

54. 1878.

THE

|

Wt.

IhtS.

1SI.M!.8H5

T

'

••"

•

iiillo"f roiid

I

i,

t'

,

Mmnmv

•!

fiBBno<ilpl*

^MRIInK

—

o.>rra'Vf«I»* n*«
M'lnn to elirii'Ki)
t" »»' yor •
'

vX|uMii*i-8,

40,333 819

e.i-»

7.n»

19,SBV<0

ll,« 9 819

I*,

now

4J,<1T;,7H

nhiivo oppMtlnst
iiuvrof t inU reiuul

41,»»a.T00

pr. ton

pr.m.

$0

01-37

83,S16,i97
8fi1,sai

8,881,187

to Ol'iO

aHNERAL INVESTMENT

to OU-939

Defendants produce

1.5i3,l«8
01 034

NEW^S.

Coal Trftdo in September.— Tlio Board of C.ntrol of the
in the olBca of the Dnlaware &
W)>)-prodiiciii); coinpiuii'M
Hudiion CttuBl Company, and n n-pr^-scntative was present from
each of the compinies). Tiie followiiii; allotment or quotas of
coal to b» put upon tlie markpl durin< the month of September

mm

wiB made

letter

a

from

bill

and they caooot

Rflgir

Tbomsoo and

eroM
.T.

L. Jewett, prcsidnnts of tbn Penntiylvanla Ci-ntral and
8t Louis and PHDnsylvania Utilroad com|>aniefl, respectively
addressed to Roosevelt and Fosdlck, trnatees ol the ftral consolidated mortgage, and delivered together with the amended leace,
authorizing the notilicntion of bondholders that the coapona on
presentation would be promptly paid by the lessen and gaarantor.
This letter resulted in millkms of stock being bought by Americans 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 boodbolders represented In
this case by trustees, and to whom as receivers the lessor company have assigned all their title by order ot the Court, should
be permitted to enforce the lease by collvctiog the rents; and, on

87,953,7itl

to

tlils fact io the answer to the
reptidiate the admisiiun.

Thomas

tiitcrcflt

"IHrrninl— mini.

upouD

t
lS8.4"3.')n
S9,S4&.»30
B.-3"
13,014.0.7
iO'>,«:l
3•1.^^s.ll0l

4'i,iiet>,S98

Hot Mniliwii

Av\»icoii froicht

admitted

18T7.

18-a.

«

t
Pmporl'n of eo«t for Mlcbigin

im

('HllONlCLE

the other hand, knew if it were true that tlio contract was broken,
as the bill claims, rucision should bs denied because these
innocent Investors cannot be restored to italu quo.

k

Indianapolis Bloomln^ton
Western.— The corporation
noticed in the CiiR'NIClG of last week as a new organization
under the name of Indianapalis Bloomington jc Western RaUrodd
l.,l„
V.ll.-y
I..!
of Ni;vv .lurwy
Company, appears to have been under the auspices of Mr. John
}3
arknwiiiiu« A Western
I) 'Ml
,„ "^
C. Short, a director of the old corporation.
IJil.lw.iri. & Mil iKOIl
A modified plan and agreement, dated July 2.5th, was issued
•
P.-nn^y'vuinii I{iii!ro«d
Z?'"*''
68,n50
by the bondholders' committee, Messrs. Cnrldn, Taintor and
IViiii:<ylTsuiii Com Cumpaoy
Blossom, now claiming to represent more than nine-tenths of
l.OOl.MO
ToUI
the holders of first mortgage bonds on the main road, and
The •'out-pui" authorized hy the Bo»rd of Control for August this Is approved by many of the largest bondholders, who
That for SHptembir is said to be the smallest have signed it and subscribed for the preferred bonds.
18 2,OUO,<:00 tons.
The
quantity of coal put upon the market in that mintli for many circular of July 25,1878, was addressed to the holders of DanThe Board of Control also appointed a committee, com- ville Urbana Bloomington & Pekin, and Indianapolis Bloomingron
yf-irf.
posed ol Mffsrs. Dickson, of the Delaware & Hudson Canal Com- & Western first consolidated, and second mortgage bonds main
pany, and Iloyt, of the Pennsylvania Coal Company, to inquire line, and contained the tollowing:
into'theadvisahility of preparing snhfdnles advancing the present
" Since issuing our circular of April 18th last yonr committee
The Lfhigh Valley have obtained from tlie court a moditicition of the decree of sale,
prices o( coal about 30 per cent on Sept. 1.
Company yesterdny i^8ued its schtdule of prices for September.
directing the road to be sold subject to such portion of the back
Coliiuibiis Chicago & Iniliaiia' Central.— The New Tork pay and supply claims against ttie old company as shall be ultiWorld correspondent at Newport, R. I., on the 16tb, sent the fol- mately allowed by the court. An imm-diate sale and r^-organilowing
In the case of the Pittsharg Cincinnati & St. Louis zation of the roatl is now practicable, if the bondholders will
llailroad Company vs. Colnrabua Ciiicauo & Indiana Central promptly enable the committee to provide lor the preferred
Railroad Company, Senator Stanley Matthews closed his portion liaMitien by signing the enclosed ' Supplemental Agreement.' As
of the aruuiumt for the plainlifl'n yesterday, and was followed by near as they can be approximated, the preferred claims were oa
Jud)/e Uoadley. of Cincinnati, lor ihe defendants. The points of July 1st, 1878, as follows
the defense are new, and contrast stronely with plaintiffs' case. Receiver's certificates—Kew Iron and steel rails
{Ii4,00a
Special
80.000
The foUowing'is a general summary of the defense:
Taxes
7»,(H)0— 173,000
The defendants regard the filing of the bill by plaintiffs as
95,t51
Taxes unpaid, on capital stock, 1878-71-75
simply a decire to appear to advantage before the public, and
iO. 476
on tangible property, port 13T3 and part 1814.
ask
a
decree
25,911-1151,040
look up m thenrselves ss the real plaintiffn, snd
1877
161,568
against the fitisburjr Cincinnati & St. Ijouis Company lessee and Vouchers for ^applies
45.749
P,.y rolls (June)
guarantor
for
about
the Pennsylvania Railroad Company
$8,500,- Rollers' Lncomotive Works
104,801
The Western Car Company (e!«timated)
000 accrued rent under the lease since October, 1S74.
25,000
85,000
defense claims that the Pennsy.vania Company has in three par- Unsettled rlqht of way (estimated)
and not due, and contingenthat the case In'crcst a'-crued on receiver's certificates
violated the
:

Comp«nT.

Reading

..

1,

I

I

„T°""'
2^««:0
ISi-W'
rX

I

ii™

:

:

.

,

lease, and they ask
under,
be sent to a master to decide the damage. The three items are
First
They claim that the lessee from the very beginning
allowed itself car mileage for the use ot the cars ot the Union and
National lines belonging to the Pennsylvania Railroad Company,
in which nearly all traffic west to east was done, although the
leSBee by the contract had to provide all necessary equipment at
ticulars, as

:

—

its

own

cost.

—

Second They claim that after the original contract was made
the Pennsylvania Railroa>l Company leased at a fixed rent the
Pittsburg Fort Wayne & Chicago Railroad, a competing line, and
subsequently, in violation of the contract, took all the Chicago
traffij Irom tlie C. C. & I. C. Company, on which it cost them 31
per cent of the gtoss earnings, and transferred it to the Fort
Wayne line, whose rent was not aff'fCtec by the amount of traffic.
Third That the tea^on given by Col. Thos. A. Scott for this
diversion of traffic was that the C. C. & 1. C. Railroad was not in
good condition, and the Fort Wayne line was belter able to carry
the traffic. This claim, which is believed to be true, is a violation of the original contract, which stipulates that the lessee
sliould pat and maintain the leased railroad In first-class order.
On the otiier hand, the defense claim that there is no breach in
the contract caused by them. By amendments to the lease they
agreed to h&ve their indebtedness represented by a first mortgage
of $15,000,000, by $831,000 CQluiubns & Indianapolis second
morigage, snd $10,000,000 convertible income bonds, and the
excbanve of securities was the on y means by which any one
expected to acomplish this. These three classes of debt were
to take the place of seventeen mortgages given by various con
Btituent companies of the C. C. & I. C. (Company.
They claim no
time was fixed when this should be done; that the rent was payable not merely to the holders of coupons of consolidated mortgages and income bonds, but to the bonds for which they were
exchangeable, and that the idea of complainants that the performat ce of this condition was precedent to the payment of rent
is absurd, and, further, that when the bill w, s filed the exchanges
were goiuir on and the contract had not been broken by them.
As to defenses made to their cross-bill, the detendants s ly that
the lease was authorized by the laws otOhio, Indiana and Illinois,
•nd is not ultra tirca, and if it were plHiniifTs are debarred from
making claim, because having enjoyed benefits and had
possession, tl>ey are estopped from repudia'ing the hardens, and,
gaiD, that the terms of contracts should be binding, as far as
•nthoriz'd by law, and it further provided that the parties should
•eek legislation to remove doubt of authority and execute further
•Hurance, and it is not now claimed there is any doubt of authority to execute the lease except as to the Indiana part ot the road.
Regatding the question uefense claims that plaintiffs have
enjuyud porsession of the demised premises, that the latter

—

BO.O'O
55,000

cies (c-timaled)
Foreclosare expenses

ti5i,178
82,»SS

Dcdact cash assets
Total
" This

$788^

chargeable to both the Main Line and Extension, subject to apportionment by the court.
"To provide for this large preferred debt it will be necessary
to issue preferred bonHs, to be suiisiribed for by bondholders,
and to authorize them by a modification of the plan and
agreement of December *20th, 1875. To avoid further delay,
bondholders are requested immediately to sign the enclosed
Supplemental Agreement,' which has already received the
approval of the holders of a large proportion of each class of
The
bonds, and to mail the same to the Central Trust Company.
preferred bonds (at the rate of $4,000 to $5,000 per mile), will be
that
each
recommend
an undoubted security. We earnestly
bondholder subscribe (uDon the blank herewith lurnished^ for at
least his proportion, which is $100 for each $1,000 bond held
by him.
"The equipment owned by the company being entirely inadequate, the receiver, two years since, under the orders of the
court and with the approval of your committee, purchased 500
new box cars, (to replace cars leased from the Western Car
Company,) upon monthly payments less in amount than the
rentals paid for other cars. The amuunt remaining unpaid July
1st, 1878, was $160,188, payable in monthly instalments ot $4,215,
or f .50,580 per annum. This demand upon the current earnings,
together with the interest upon the preferred bonds, will render
it wholly unsafe for the new company to undertake for the first
few years to pay the rates of interest provided for in the old plan
and agreement. The committee have recommended a temporary
reduction in the rate of interest, In preference to a reduciion 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

amount

is

'

:

A new first mortgage of
A new second mortgageof

A

A

."

iiew tbiro mortgage of (Income)
tew stock of

Total

now

H'SfS'SSS
i'liv'lSn

rSSrSSS
1.5O0.03O
j...... .. $«.(M),0CO

issue

resnective interests of holders of Danville Urbana Hloomington & Pekin Railroad bonds and I dianapolis Bioomiogton

The

& Western (niaia

lin-) first

stock, is as follows: In

mortgage bonds, in the new bonds and
first mortgage bonds, D. U. B. A P,

new

:

THE

200

(CHRONICLE.

bondholdeM, $2,000,000; I. B. & W.. $1,500.000 in new second
mortgaRe bonds, D. U. B. & P. bondholders, $571,430; I. B. & W.,
;

$428,870; In
ers,

new

ihird mortsrsge bonds, D. U. B. & P. bondholdI. B. & W. bondholders, for
B. & W. bondholders, for balance principal,

overdue coupons, $600,000;

lor

$900,000; I.
$1,500,000. Out of the new first mortgaee bonds there is to be
taken before distribution among the bondholders $700,000 in
bondx, to be used in payment of the preferred claims, leaving for
distribution to the bondholders, as above provided, the remainder
of the first mor:(fage bonds, and all the second and third mortgage bonds and the stock. Under this plan, each Danville bond
of $1 000 would draw of the new securities, substantially as
do.,

follows:

New

[Vol.

XXVI,

It is recommended that steps be
at the approaching sale.
taken
immediately to appoint agents and trustees for the securityholders, with power to levy assessments sufficient to cover the
expenses of the proceedings of foreclosure, and to raise a fund
It is suggested that the
for the purchase of the road at the sale.
trustees should be authorized to bid, on behalf of the eeourityto
an
up
amount
that will prevent the
hoUers, for the railroad
property from being sacrificed, or falling into the hands o f

persons other than the bond and stockholders.
N. Y. Lake Erie & Western.— Receiver Jewett's report of hi s
administration of the Erie Railway Company for the month of
May has been filed in the County Clerk's office. Its footings are
as follows
Balance on hand from previous report
$78 M
Receipts from all sources in May
3,813',747
:

6 per cent int., $800; second do. do.,
$280; third do. do., $300; stock, $428; total $1,808. Each I. B.
W. $1,000 bond would draw as follows: New first, 6 per cent
int., $400; second do., $140; third, $800; stock, $214; total
first

mortgage bonds,

&

$1,554.

The plan provides that out of the $1,500,000 stock, $600,000
may be allotted to the holders of the I. B. & W. original second
mortgage bonds, on the contribution o' an agreed amount on each
bond toward expenses of foreclosure and reorganization. It a'so
authorizes the board of directors to adjust and settle all preferred
claims Buainst the property on the best terms attainable, using
The
the $700,000 new first mortsage bonds for that purpose.
second mortgage of $1,000,000 is made to reimburse the bondholders for the $700,000 i.f the first mortgage bonds taken out of
the $3,500,000 to pay th« preferred claims.
Neither of the above plans interferes with that of Mr. Stone,
who represents the extension reorganization and who holds a separate decree ol 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. Tlie committee claims
to have control of a majority of the Denver Extension bends,
over $1,700,000 worth being on deposit with the tJailed States Trust
Company. About $600,000 worth are reported to be in the hands
of Messrs. Rutten & Bonn, of Exchange place, to be coumed and
registered previous to being deposited; and a siill further number,
to the value of $800,000, are said to be ready for deposit.

Disbursements during May

1,866,786

Balance
Notes and certificates of indebtedness issued by receiver up to and

..•

includingMay ...
..
Same paid and canceled to May
.

$346,081
13,342,033
11,910,710

31

Same outstanding and unpaid
$1,.371,37J
Kortliern Pacilic.— The following is given as an official statement: Earnings, Sept. 1, 1877, to June 80, 1878, (ten months),
net receipts, $465,227!
$909,235; expenses same time, $444,008
For tlie same period last year the earnings were $671,112; the
expenses $405,793, and the net receipts $265,330; increase of net
;

earnings, $199,906.

—

Ogdensbnrgr & Lake Champlain. As to the discussion on the
finances of this company, the Boston Advertiser has the following statement in a communication from a party interested
:

gross earnings for the first four months of the current fiscal year,
July being in part estimated, are not likely to exceed.
$170,000
Gross earniogs, same period IS77
19S.S17

The

Loss Id gross earnings
$18,317
op' rating expenses for four months, estimating July, the rate
found correct for the first three months, were
$145,326
For the same period In 1877
115,0H

The

Increase of expenses
Gro-s earnings, four months, 18J8
Operaiiug expenses, four months, 1878

$30,30!
170,000

115,3%

Netearnings
$'4,6W
Leavpnworlh Lacvrence & Galveston.— This railroad was
The interest charges these four months will at least equal
$21,666
Bold August 9, at Lawrence, Kan., including rolling stock, lands,
The
Pennsylvania
Railroad.—
following
statement
of
the
depots, &c, to Cbarles Merriam and associates,, representing its
bondholders, for $760,000. The road extends from Lawrence, bu^^aes8 of all lines of this company east of Pittsburg and Erie,
Kan., to Coffey ville, Ind. Ter., 144 milea. The capital stock is for July, 1878, as compared with the same month in 1877, shows
:

mortgage. $5,000,000, and unpaid coupons for
eight years $4,000,000— total $14,000,000.
Louisiana State Bonds.- The bond committee of the New
Orleans Stock Exchange have issued the following cir'-ular:
$5,000,000,

first

Szw

Orleans, August

7. 1878.

To the President and members of the New Orle ns stuck Exchange:
Gentlemen:— Your bond committee, to whom was referrtd ommnnica<

ttone complaining of various unofficial and partial statements concerning the
state funded debt and interest account, beg leave to report as foilows, made
up from official flgurts obtained from the state auditor, state treat-urer and
the auditor^s annual reports for the respective years.
As will be seen from the tibulated statement below, the funded debt to
Anijust 6th amounts to $ll,fiJ4,t00. $1,306 800 ol which, funded during
Governor Kellogg's administration, has all matured coupons paid $'i,31a,70
funded to date under Governdr Nicholls' adminictration, has all cupons paid
except three, namely: No. 1, due July I, 1874, No. 3 due July 1,;875 and No. a
due July 1, 1876, am.iunting to $.43,463, which were deferred by agreement
with the h'tlders of the old bonds when fund-d these coupons to be paid as
the dellnqueut taxes were cujlected for the respective years.
In addition to this, the flscil agent is apparc tly under advances of $S67,03J
for coupons paid, in anticipation of colleciion of the five-and-a-half-mills
Interest tax; making a total due on interest account t510,495.
To liquidate this amount the state has in course of cohection, taxes to go to
Uie credit of interest fund, apparently $1,443,703.
And also due by the
Consolidated Planters Association Bank for $161,260 bonds funded and
$47,6)6 interest paid for its account, to liquidate which the assets of the bank
estimated at about #988,175. are liable to the state.
Asset* cf Planters' Bsnk, per receiver's statement, September 6, 1877""?'" *'5'' "'5
"'y mortgages $335 00,; o.uniry mortgages.
r-.Xi".?"''''
tSOO.OOO; total, $988,175; the state beingsnbject to be called on to issue about
tlSO,000 more of consols against these a^S' ts.
Respectfully submitted,
;

An

An

increase in grops earnings of
increase in expenses of

$156,395

An

$571,701

84,694

increase in net earnings of

1'he seven
1877, show

months

of 1878, as

compared with same period

An

A

increase in gross earnings of
decrease in expenses of

An

in

$771,987
416,843

increase in net earnings of

$1,138,180

All lines west of Pittsburg and Erie for the seven months of
1878 show a deficiency iu meeting all liabilities of $700,333, being
a gain over the same period in 18 7 of $234,943.
It will be remembered that in July last year the riots at Pittaburg and other places took place, and business all along the line
was obttructed.

;

i

E

C.

Feingde, Actitg Chairman,

Herm. Eoehl,

W. K

Ltjian,

ex-offlcio.

Missouri State Finances.— A press dispatch from Jefferson
is reliable authority lor saying that State
Treasurer Gates hypothecated with the National Bank of Commerce, New York, $300,000 of old Atlantic & Pacific Railroad
bonds as part security for the advance of $220,000 made by that
bank to pay the July interest on State bonds. These bonds, it is
asserted, have been paid, but never canceled. The dispatch
also
says that the amount of coupons of the State now held
by the
Bank of Commerce is about $480,000.
City states that there

New York West Sliore & Chicago.— This railroad has been
in the bands of a receiver for the la-t three years,
and the bondholders have obtained a decree, by which the road is to
be sold
under foreclosure on September
the road

is to

b« sold

is

27.

dated April

Farmers Loan & Trust Company as

The mortgage under which
and was made to the
trustees. The bonds amount

10, 1871,

in all to $15,600,000, out of which, however, only
$5,050,000
have been issued, and are mainly held in this country. Of that
amount, holders of the bondH have proved their ownership before
Commissioner Shields, the referee, to the extent of $4,348,000, in
order to share In the benefi's of the foreclosure sale.
The road
was intended to run from Hoboken to Buffalo, via Catskill and

Syracuse, but only two and five tenth miles were laid, out
of a
total length of 424 miles, and the salii is therefore
practically for
the purpose of securing the franchise and getting rid of old
liens
A circular has just been issued by the Continental

Railway*

1 rust Company, of this city, which is the parly directly interested in this property, inviting the stock and
bondholders of the
company to organize, for the purpose of protecting their
interests

Pittsburg Ciun. & St. Louis.—The following is an approtlmate statement of results in the operations of this railway for
the seven mouths ending July 31, 1878
:

Gross earnings (including interest received on equipment hired),
January 1 to August 1, 1878
$1,734,93«
Expenses (including interest on car-trust cars and rent of Monongahela extension), for same period
1 160,132
,

Net earnings
The interest on the bonds
Surplus

$574,804

for these seven

months

is

.390,710

$181.093

Saratoga Conference.— When the conference was called to
order on Wednesday, Mr. John King, the chairman of the committee appointed to consider the question of passenger commissions and outside offices, reported as follows:
Resolved, That the practice of paying commissions on sale of railroad
tickets is demoralizing to emplo,ee8 and useless to the public. ItenUili
enormous loss to companies and should be discontinued.
Itesoved, That the best interests of the company will be served by the abolition of the present system of paying such commissions.
Beeolved, That it is further recommended that all outside agencies for the
sale ot tickets be abolished.
Eesolwd, That a circular embodying the above recommendations be sent to
all Companies, asking for their assent, containing a clause to the efi'ectthat
it will not be binding on them unless, and until, all competliors have agreed
thereto, and asking companies to name such competitors.

This report was unanimous, was signed by ajl the members of
the committee, snd was adopted without any dissent by the conference.

the WwlA dispatch of Wednesday evening the following
condensed:
Mr. Jewett addressed the conference on the question of eaatbouiid freight. He thought some plan should be devised for
equalizing the east-bound freight between the several roads, and
rates established and maintaiued which would secure a reasonable return to the railroads for the service performed, instead of a
loss, as had been too often the case, iu order that the roads could
in the future make some return to the owners of their securities.
At the conclusion of Mr. Jewett's speech, Mr. Cassatt moved that the
question of east-bound freight be taken up and that the Executive committee of the Western roads and the Executive committee ol the trunk lines be directed to consider and report any
arrangement which, in their opinion, would meet the difficulty, at
the meeting to-morrow.

From

is

i

ADOUST

{

THE CHRONKJLR

24, 1878.]

The coafereDCekdjnuropd until Inrelv* o'clock Tliarsday, and the
eommitteea met Weduemlay aftHrnoon to couaider tlie queatlooa
referred to thorn Riid prttparu thoir reporle.

The committee on

201

SHe ^ommtvcM

^imjcs.

paaaeoger commiBaiona, which reported yenterday moroioDf, waa
coDtiouHd and instructed to prepare the circular for the roada to
ilgn, thone rotdH ntprenente'l here to ai^n at once, and those roada
Vkidat Nioht, Aagait 28, 1878.
not represented to Mign wlinn the circulars are sent to them.
The state of trade in the past week has not been materially
The executive committee of the Western roads, to which was
referred the dISerences in regard to the St. liouis live-stock busi- different from that mentioned la oar last for the previous week.
ness, met yesterday afternoon, and, after a discussion ol the points The yellow fever epidemic in the Valley of the
lower Mississippi
of difference, referred it to ruads leading out of St. Louis for has
become so serious as to excite general alarm, and the quaranadjustment between thcmselvee, if pos-ible.
There was still another side conference held Wednesday even- tine measures that are adopted prove great obstacles to tha
transportation of merchandise. Over a considerable section of
ing, bftwoen tlie live-stock representatives o( the New York Central and the principal oificers of the Vermont Central, Qrand
the South, and at this juncture an Important one, business ia
Trunk and Boston ii Albany lines, on differeuces between these almost
wholly suspended, especially that which is Incident to the
lines on that class of business.
A final conclusion was not
New York, of course, feels this state of
reached, but the obetaclea which have heretofore existed to an opening crop year.
adjustment wore removed, and a settlement is believed to be affairs, but it promises greater activity In trade when the pablio
assured to-day.
health Is restored.
At the general convention Wednesday morning, a letter was
The depression In pork, noted In our last, continued until Taeareceived from Sidney Dillon, President of the Uuion Pacific road,
day, when mess sold at |10 15 on the spot and for October, conin reference to the difliculties with the steamboat lines for
California freights, suggesting apian whereby a line of policy
tracts for the latter delivery being exceptionally large, sinca
could be adopted which would secure a large portion of that class which there has been
a recovery to $10 35. Lard also farther
of fr^ights for railroads and the running of freight trains from
Chicago to San Francisco in seven days, including transfer at declined, prime Western selling at |7 SO, spot and September,
Umaha. The letter was accompitnied by a statement from Mr. and |7 3Ti for October, but, as in porit, there is some -recovery,
Dolan, the General Freight Agent of the Union Pacific, who closing to-day at $7 45@7 47i, spot and October, and $7
87i@7 40
states that in correspondence with the Central Pacific he has
for November and December.
Bacon and cut 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
hams are quiet. Tallow has been active at 6 15-16@7 l-16c.
states, and that there are other advantages to the roads which Mr.
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
for prime to choice State factories
8i@8ic.
between the Vauderbilt roads and the Erie, both Mr. Jewett and
Mr. Vanderbiit participating. The business between the Central checked the demand.
and Erie and the use of the Western Vanderbiit roads for WestKentucky tobacco has been active, and at the close prices are
ern connections of the Erie were discuesed. This meeting was in stronger. Sales of the week 400 hhds. for consumption and
1,000
every way amicab.e, and before its conclusion Mr. Jewett
for export; total, 1,409 hhds.
Lugs are quoted at 3(f S^c, and
expressed himself satisfied with the arrangement for Western
The movement in seed leaf has also been quite
connections and f cilities offered and furnished for the business leaf 6@14c.
passing over the Erie to and from the Western Vanderbiit roads. active, and sales of the week are 1,793 cases, as follows
600
—From the World desfatch of Thursday niglit we have the cases 1877 crop, Pennsylvania, 13 to 16Jc.; 500 do., 1876 crop,
following: J. M. McGullough was taken sick last night, and the
Pennsylvania, 10 to 10c. 509 do., 1877 crop. New England, lOJ to
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, li to 8ic.; and 40 do., 1877
Mr. Devereux announced that the committee on east-bound crop, Ohio, S^c.
There has also been a better market for
freights was not ready to report, but hoped to be ready FriSpanish tobacco, and the sales are 750 bales Havana at 80c.@
day. The presidents of the trunk lines were added to this committee and requested to meet with it.
The question of an $1 15.
There has been a good, steady movement in Brazil grades of
advance in fourth-class freights from Chicago to New York to
35 cents is also to be cnsidered 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
Thegeneral railroad convention re-assembled at noon Thursday.
quoted
at 16^17^0., gold stock here in first hands, 44,956 bags.
John King, jr., chairman of the committee on passenger commissions the committee which reported Wednesday announced that Mild grades show a general 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-teat
agencies and the payment of commissions on tickets.
The circular was tigned by all the Western roads and nearly Cuba refining quoted at 30c.; New Orleans in fair jobbing sale at
all the New England roads.
In accordance with this agreement 35@50c., latter for choice. Bice 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
9fc.
offices and commissions on their lines to day.
They also restored for standard crushed. Raw grades at the close show more firmthe passenger fares from St. Louis to New York to $24. By the
ness, with an improved movement ; fair to good refining Cuba,
catting process, the passenger rates from St. Louis to New York
had been reduced from |34 to |30, and $3 commissions on the 7 l-16@7ic.
Bhds.
Boxes.
Melado.
Baes.
latter sums allowed.
The rate from Chicago to New York was Stock Aug. 1, 187S
8S,S31
180.484
18,000
2,097
43,S3S
2.499
«7.2il
the same, giving great advantage to people going to Chicago Receipts since
S65
Salea
since
S.%ti09
83,088
1,»4
from St. Louis who would buy tickets to New York by the way
Stock Aug. 21. 187S
I»,6a«
1»2,096
14,295
S,S68
of Chicago and resell them there.
The change cuts off this Stock Aug. !t8. 1877
3i;8.8-8
«5,H10
1».8S6
»,475
addition of $4 on each ticket from St. Louis to New York, and, by Slock Aug. 24, 1816
53,Sa4
84, 687
78,194
i,189
catting off the commission and abolishing the scalpers to the
There has been an active movement in ocean freight room
roads, sav^s $G more on each passenger.
The passenger rates adapted to the wants of the grain trade. Petroleum tonnage baa
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 noticeabie. Engagements and charters Include Grain to
been considering the St. Louis livestock business, reported in Liverpool, by steam, 7i^d., though 8d. was the rate until to day;
favor of arbitration by three commissioners selected from men cottnn, Jd.; cheese, 45.'<.; grain to London, by steam, 8d.; do., by
outside of the roads in conflict on the live-stock trafiSc.
This sail,7id.; flour, Ss. 4}d.; grain to Hull, by steam, 9d. do. to
report was adopted.
It contained no plan for selecting the arbiGlasgow, by steam, 8d.; do to St. Nazaire, 6a. fid. per qr. do. to
trators, and the committee was continued with a view to select
Penarth roads, Ss. 6d.(^5s. 9d. 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 Havre at 68.@68. 3d. and Bordeaux at 6s. Od.; refined
Caosatt, of the Pennsylvania, and John B. Dutcher, of the New petroleum to London, 4s. 6d.; do. to Bremen, 4«i.
York Central; but botb declined to take the responsibility. SubThere have been moderate transactions in the market for naval
srquently the committee selected M, E. Ingalls. 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^ln quoted at $1 87^@1 434, i""!
to select a third man, and the majority then will decide under the spirits turpentine at 37i(!*37ic.
The market for petroleum has
'evolution adopted by the general convention. The decision of latterly been very quiet and more or less easy at 6o. for crude, la
these arbitrators is to be binding upon the roads affected for six bulk, and lOic. for refined. In bbls. There has been less activity
months. Should the decisiou be unsatisfactory to either road, in domestic wools, lu fine grades especially, which are now
that road can fall back upon the line whose representative aided abundant and
Medium qualities are
more or less weak.
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
Batcher 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 3ic for common domestio.
the western executive committee, and they are to take part in
the Ingot copper has remained at 16c., with only moderAte Balsam
deliberations of that committee.
Whiskey has advanced to $1 11^.

COMMERCIAL EPITOME.

.

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,

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;

,

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O O T T O N.

.

Fbid.vt, p. M.. August 93. 1878.
Cuop, as indicated by our telegrams
from the South to-night, is given below. For the week ending
this evening ^Aug -JS), the total receipts have reached 5,G99
bales last week,, 8,089 bales the previous
bales three weeks since, making the total
receipts since the 1st of September, 1877, 4,273,515 bales, against
3,965,300 bales for the same period of 1876-7, showing an increase
The details of the receipts
since Sept. 1, 1877, of 303,210 bales.
for this week (as per telegraph) and for the corresponding weeks
of five previous years are as follows:
4, Bo?

against

week, and 3,071

Beccipt*

w'k at

tills

Orleans

Mobile

81

200
402

1,056

2,411

Total since Sept.

1.

164
16

1,473
3

354

593
88
38

98
1,695

73
151

1,441

5,699

2,644

7,151

3,610

5,945

Norfolk
City Point, &c

2
31

42

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 whicli
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.

Great

France,

Britain.

this

Same
Week

Week.

1877.

Total

Continent.

1877.

1878.

23,419
3,423
2,200
1,509

1,108

685
318

.

Savan'h.

1,039
2,701
34,272

Qalv't'n-

3,279

2,772

2 772
70,612
1,117
23,000

225
93

93

—

—

UPLANDS. ALABAMA.

Charl't'n

2,772

The total sales for forward delivery for the week are 186,.50O'
For immediate delivery thefree on board.
bales, including
week 4,374 bales, including 70 for
total sales foot up this
Of
export, 4 294 for consumption and 10 for speculation.
The following tables show
bales were to arrive.
the above,
the official quotations and sales for each day of the past week:
Saturday, Aug.l7,
to Friday, Aiig.23. Sat.

868

N. Orl'ns
Mobile

N. York.
NorfolkOther*..

movement

I

5

4,273,515 3,965,305 4,107,135 3,182,829 3,813,151

EXrORTED TO-

Week

de-

day, the market was steady for the better grades, and low
middling and grades below were advanced l-lGc. The speculation
in futures has not been active, but in the aggregate there is some
farther advance in prices. The ravages of the yellow feverin the
Valley of the Mississippi River have proved a check upon the

Tlie exports for the week ending this evening reach a total of
3,238 bales, of whicli 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 TS bales. Below are the
stocks and exports for the week, and also for the corresponding
week of last season

ending
Ang. 23.

The

Receipts at Galveston,
of cotton from that section.
Savannah and Charleston show a decided increase on last year,
but at other important points continue quite small, and hence
There was
there is less confidence felt in liberal early supjilies.
865 some abatement of excessive rains in Georgia, Alabama and
1,635 Southern Texas, but showers have been frequent, and many
65 reports of the spread of caterpillars have been communicated to
ho later months
595 the Cotton Exchange by private telegrams.

197
2

Nortu Carolina

spot has ruled firmer.

partially revived, and on Saturday quotations recovered l-lGc, to 13c. for middling uplands.
Receipts continued small and stocks were further reduced. To-

587
214
468

76
468
27
206
321
109

<feo

. .

111

1,181
2,035
iDdlanola, dbo

Total this week

325
191
50
893

The market for cotton on the
mand for home consumption has

1874.

224
113
99

1.307

89

PortBoyal, Ac

Tennessee,

766
166

499
270
412

1875.

1876.

1877.

1878.

XXVIU

[Vol.

These mail returns do not correspond precisely with the total
of the telegraphic figures, because in preparing them it is always
necessary to incorporate every correction made at the ports.

The Movement op the

New

.

THE CHRONICLE.

202

bales,

V

-

'

179

9,000

Ordinary
^ lb.
Oidinary ...
Oociil Oidinary. ..
Strict OoiidOrd-..
Low Middling

IOI4
10'>8

Strict

lOU

Ifs
12

12

IIU16

Mon

sat.

10'4
lO^S
Ills
ll'lB
IIII16
ll^S

Ills
ll'lB

Low Mid

Sirict

Mod

TEXAS.
inou Sat. .Tlon.

N. ORLK'.VS

Sat.

11%

IOI3
1073
1138

IOI2
107^
1138
1111
1111,6 lliiie ll"l(I
lliliolliiie 1115,6 1115,, 1115i, 1115,s
I2I9
1218
1218
Vi^a
ll's
ll's
I2I4
I2I4
12 14
1214
12
12
123j8 123l6 127,6 127,6 127,6 127,,;

I014
10'>8
1058
Ills
Ills
11^16 117,

101-2

1013
1078

lO^a
113s

Middling
GotHl Middlins
Strict Good Mid..
Middling Fair

I2I2
13

12M

1213

12%

12%

12%

13

13

13

13%

1358

1358

13=8

1314
1378

I314
137a

1:114

Fair

Tnes

Wed Xnea Wed Tues Wed

12->i(

1213

i;i7f,

Taeit

Wed

Tot. this

week

3,233

4,326

3,238

49,378 123,052

Th« exnons

more,

this

week aader the aead ol

oltier

MiddliiiK

12

pjrta" mclnae, Irom Balll.

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 &
Lambert, (50 Beaver street

Good Middling..

On Shipboard,
23,

AT—

Liverpool.

New Orleans
Mobile

Savannah
Galveston

New York
Total
*

Included in

not cleared— for

Other

France. Forel#;ii

Coastwise.

None.
None.
None.
None.
1,023

None.
None.
None.
None.
None.

None.
None.
None.
None.
None.

None.
None.
600
None.
None.

*1,134

2,701
33,138

1,023

None.

None.

600

1.734

38,071

amount there arc 111 bales
which we cannot learu.

thi.s

Total.

Loavinsr
Stock.

None.
None.

600
None.

1,108

685
439

at Presses for foreign

ports, tuo destination of

12

Strict (ioi>dMid..

123 IG Il23i,
121a ,1212

MUldliugFair

13

Fair

13=8

'13

RECEIPTS SINCE
Ports.

SEPT.

EXPORTED SINCE

SEITT.

'$ ft.

IOI4

lOSja

Strict Ordinary...

10%

1011,61058

1876.

Britain.

France. Foreign

Stock.
Total.

413,415
459,844
BaVh.. 599.570
Galv.*
447,970
N.York 144,076
Florida
14,320
N. Car. 144,522
Norrk* 500,686
Other.. 163,132
Mobile.
Char'n*

Thlgyr. 4267,816
lAStyr.

821,481
106,381
131,935
176.247
186,172
336,217

357,573
471,082
476,993
501,827
121,201
20,381
129.519
552,802
150,610

325,406 305,070 1451,957
26,146 31,566 164,093
70,355 103,584 305,874
36,351 138,748 351.346
26,971 11,291 224,434
9,659 49,698 395,574

35,007
156,687
196,940

1,780
1,075

41,331

56,677
160,691
216,088

9.500

2147,067 497,743 681,924 3326,734

56,077

3062.661 2133,30.'>
"""'"'°* IndlanoU.

Ac;

58

500

438,03> 3031.255 i:i6.910

''"" loyd. ftc: unile- t,he liead 01
uodcr the head of Jforji'olk Is Included City

12%

1378

1379

105,,

109,6 1012
1078
ll11%

101-2

lOiIIo 1078

1111,,

12%

Middling
Good Middling
Strict Good Mid.
Middling Fair
Fair

.111 16

11
12

11%

jilt's

llltlB 1134
ll's
117e

112

12

123,a 123,6
121a I2I2

.

12

13

13

123,6 123,6
I2I3
1212
13
13

1358

13%

13%

STAINED.

13%

^

1014

lb.

1115,6 12
1213
12%
I2I4
1214
127,6 127,8

1014

Fri*
109,«
1018,5
117l6

11%

12%

1214
1214
127,6 127,6

12%

12%

12%

12%

I314
1378

I314
1378

1314
137a

1314
1378

IOI4

I014

10%

10%

10% 10%

III4

III4

1114

11%

11%

11% 11%

MAKKKT AND

13 14

1115l0 13

MonlTnea Wed Th.

Sat.

Good Oidinary
Strict Good Ordinary
U>w Middling
Middling

1114

1014
1034
III4

U%

Frt.
106,6
1013,6
115j6
lli'is

SALES.

SALES OF SPOT AND TRANSIT.

SPOT MARKET
CLOSED.
Sat

.

Ex-

ConI

port,

Wed

.j

Total

701
793
399
958
735
708

10

4,294

10

4,374 186,500

70

Quiet, rev. quot.
70i

I

DelivSales.

711 22.600
793 21,400
399 2'.).li00
958 38,700
805 48,300
708 25,900

.Steady

.

Spec- Tranurt'u sit. Total.

sump

Qniet, higher

.

eries.

50O
700
700
400
500
200
3,000

For forward delivery, the sales have reached during tha week
186,501) bales (all middling or on the basis of middling), and the
following is a statement of the Biles and prices:
For August.
Bales.

11-ss

800
8U0

11-81

600...

500
200
1,000

400

600
800
6,800
13,!30O

For September.

cts

(100

l.flOO

4.59.91.^

olS?.')?'?'"'";*^''/,*''*^'."''''*.'"''.'*''"-'"'''"'

rSiMlic

19,890
2,029
19,148

609
426
524
666

12%
ViH

Low Middling
Strict Low Mid

Thurs Steady
2,403

1115
1115,,;
1218
12%
12 14
1214
127,6 127,6

Ills
Good Ordinary
113,6 11%
113,6 1138
Ills
lllll6ll%
Strict Good Ord... ll^is
.I'll
111,6 lHa

Frl.

ir.Orlns 1371,281 1180,673

1014

Mon .Quiet
Tues. Quiet

TO—

1.

<jincr

1877.

1

1019
1078
1078
1138
1138
1111,6 lll'lR
101-2

I

From

the foregoing statement it will be seen that, compared
With the corresponding week of last season, there is a decrease
in the exports this week of l,0-'8 bales, while the stocks to-night
are 78,674 bales le»ii than they were at this time a year ago. The
following is our usual table showing the movement of cotton at
all the ports from Sept. 1 to Aug 16, the latest mail dates;

13%

IOI4

Th. Frt. Tb. Frl. Th. Frt. Th.
Ordin.ary

ACO.

..

Strict

V3 bales to Liverpool.

IOI3
lOlq
10% 1078 1()78
Ills
1138
11%
injs U'lG IIII16 1111,6
Uiijo 111*16 1115. 1115
12>8
ll's
ll'^a
121a
12 14
1214
12
12
123,0 123,6 127,, 127,6
I2I2
1212
12% 12%
I3I4
1314
13
13
1358
13% 1378 1378

1014
1058
Ills

1014
10=8
Ills

fl).

Good Ordinary...

Tot.slnce
Sept. 1. 2150.305 497,743 681,924 3329,972 3035,581
*

(JoodOrd..
Low Middling
Strict Low Mid.-.

IOI4
10=8
Ills
ll'll
lliii, IIII16
Ifa ll's

Ordinary
^
Strict Ordinary

a'es
.100

<

1

2,100

11-tiO,

8.2

11-83

2,000
3,300
2,200
9,700
3,«00

U-64
11-65
11-66
11-87

il-U9

:-i,300

!l-«9

laoo

0,700
8,800
»,600

11-70
11-71
11-72

I
'

...11-Ml

iioa
IIUS
11«5
11-96
11-97
11-98

I

I

Bales.
Ij.TOO

t-

U-69

1,900
3,900.
3.700

11-90
.

I

11-01

Ct-^

11-78
11-74

6a,b00

IVOil
'

1

7,110.1

For October.
11-34
100
11-35
600

9000
a:iM

11-30

67,600

1,700
6,'ioo
I

1168
I

nalej.
4,W)0
6,400
7,100
6,000

1,800
5,500
1,700
1,800
8,200

n:n
11-.S8

CtJ.

1V43
U--JJ
11-46

!i<2
1V47
ll**
11^-'

For November.

11-39

1140
11-41
11-42

300
700

IIW
ira»

1

—

..
.

AnouHT

34,

THE CHIIONICLE.

1878.J

lltU,.

,

.4IK)

1

ii/a
.. list
....iiw
ll'M
.. iiwi
....u*r

.

M.ino..

....

.1.101).

vni)

.,

UiK).

,

l.'J'")..,

llHln«.

...11

i,oud

'I"ho

II'
11'

II'

100
200.

IIU

U'

BOO

II'IS
Illfl

4,000

and

tlie

11-411

For May.

11-28
ttvl)
11-80
ii-ni
.

100
1,100

ll^i^
11-48

800
800

1117
11-48

I

made during

-61 pd. to excli.

the week:

000 Dec. tor 8ept.

UrLANDS— AMKRIOAN CLASSIFICATION.

Fl-1.

Sat.

Wed. Thurs.
Frl.
Mon.
Tubs.
Easier. Higher. Firmer. Higlier Easter.

11-97
11-99
11-93
11-89
11-88
ii-8n
11 -07
11-09
11-73
11-02
ll-BO
11 02
11-48
11-43
11-37
11-38
11-37
'11-24
11-24
11-28
11-20
11-20
1119
11-15
December
1115 11-14 11-18 11-18 11-22
Jauuiu-y
11-18
1116 11-lG 11-10 11-19 11-22
11-24
11-28
11-24
11-21
11-22
11-22
February
11-31
11-35
11-31
11-29
11-27
11-30
Maroli
11-38
11-42
11-38
11-35
11-37
April
11-37
11-45
11-48
11-43
11-40
11-44
May
11-44
11-52
11-50
11-50
11-52
11-52
Jiiue
11-51
12-00
11-90
11-95
11
11-00
12
00
rranater ordcTB
-ao
Quiet. Steady. Easy. Firm.
Closed— Steady. Ea»y.
1001^
lOOKg
100 la
1
100=8
100»8
4-82
4-82
4-82 '4 4-82 '4 4-82 '4 4-82
liaiiKe
Aufnist
ieptonibor

n-u

Dctobor
Noveinhop

um^

Tnp. Visible

Week endlOR Aoff. U, TT
ReMtptii Bhlpm'ta Stook.

AnKUsta, On...
CoUimbns, Ua..
Macon, (In
MontKoniery, Ala
Boliiia, Ala
Memphis, Tenn..
Nashville, Tonn..

354
261
lUl
126
140
418
53

442

70

Total, old ports.

1,474

1,060

2
18

15

71

loa
eo
66
186

69

21)

101

111

1

1

if

48

60
170
741
871

8

180
104
690

309
37
434
887
869

1,700

Il-SJ

show the

Market—Stron^ur, Firmer.

Stock

2110

IHA

82
139
03

40
470
32

0,820

124

53
77
20
40
5
lOR
34

8,6M

417

059

0,709

1

125
70
19D
152
3«

86
060
Bin

71
114

790
35a

523

1,365

133

560
1.171

*M
018
200

084

II a-i

closing prices bid for future
tone of the market at three o'clock P M., on

MIDUI.INO

Aii(, a3,"78.

Rooolpts Hblptn'ts

11-41

named-

several dates

I

HOO
eoo

Week ending

''In.

8,800

looxch. 300 Aujj. for Sept.

liver/,

Il-:«
11-10

8,800

l.liii)

The following will
;iie

W

Ualoii.
IKK)
1,10(1

For March.
U-SI
BOO

following excliangos have been

^Illl.

II

1,100

11 la
..

...1188

100
100

IliH

,.

HIK)

700

Ueceinbor.

IIIH

..

ll'^.'p

ll'
11'

wm

....

KN)
100

.M«i
•Jdo

8110

]tKl.

ant,

For Janunnr.

....il-ai)

"I".

...11
....II
....11
II
..
...11

il,4'l>0

....IliW

For April.

For Fobruary.

Halai.

n»i

SI Ml..

203

Dallas, Texas
Jefferson, Tex.

23

47
11

..

Shruvcport, La ..
Virksborg, Miss*
Columbus, Miss..
EufHula, Ala

139

40

40

1150

il2

Ga
Oa

3

8

Atlanta,

33

Home,

12

38
29

CJritlin,

(la

Charlotte. N.C...
St. Louis, Mo
Clnciunali, O
Total,

new

Total,

all.

11-98

p'rts

520
735

807

1,681

1,727

2,395

1,213

3.155

3.303

5,099

1,630

1169
11-44
11-24

"

1117
11-17
11-23
11-29
11-30
11-43

n-48
12-00
Quiet.

100 »3
4-82

Supply of Cotton, as made up by cable and
The Continental stocks are the figures

1

601
143
203
1.743

4,513

2,193

7,801

3,152

17.600

Estimated.

The above

totals show that the old interior stocks har*
decreased during the week 193 bales, and are to-night 6,105
bales less than at the same period last year.
The receipts at the
same towns have been 1,057 bales more than the same wi<ek last
year.

Receipts from the Plantatioits.

—

Referring to our remarks
a previous issue for an explanation of this table, we now bring
the figures down one week later, closing to-night:
BECBIPTS TROM PLANTATI0H8.
in

'crraph, is as follows.

Saturday, but the totals for Great Britain and the afloat
the Continent are this weelt's returns, and consequently
.l>rought down to Thursday evening; hence, to make the totals
Hie complete figures for tonight (Aug 23), we add the item of
-ports from the United States, including in it the exports of
last

!

lay only:

1878.
505,000
13,500

k at Llveriiool

.

ckatLoudou

1876.

809,000
41,000

1875.

875.000
71,250
946,250
192,000
6,000
76,750
11,250

881,000
212,750
12,000
64,000
13,500
06,750
41,000
10,750
7,750
14,750

850,000
160,250
5,250
70,000
11,000
55.250

'k at Antwerp
k at other i-outi'utal ports.

578,500
163,250
6,000
30,000
7,250
38,000
44,000
9,000
6,500
17,250

15,000
18,000
17,750

41,250
9,750
4,000
12,000

Total continental ports....

321,250

443,250

416,750

379,250

Total Great Britain stock

.

'irkatHa\Te
k at Marseilles
^lock at Barcelona
'

Stock at

Hamburg

^tockat Breiuon
<8tock at Am.sterdam
^toek at Rotterdam

'

1877.
847,000
34,000

58,2.50

26,2.50

Jnoe

Stock at Inter'r Ports Rec'pts from Planl'na

Receipts at the Ports,

Week
•ndlng-

J8T6.

7.

1S78.

1677.

1876.

1877.

1678.

1876.

1877.

18T8.

io,43e

9,390

12,.180

8-2,569

87,503

34,164

8,314

8,444

8,6S6

11,23!

7ti.054

52,154

29,318

1,929

3.171

6,393

67.712

45,769

23,237

8,131

1,141

4,6113

T.539

"
"

81.

10.493

8,52ti

10,721

"

23.

8.559

6,519

6,8"^

61,078

38,811

21,S4u

1,925

5.

8,661

6,10i

6,949

57,865

32.0T7

19,t7i

5,418

3,368

4,384

18.

6,005

4.41)4

5,2 1

58,

25,997

18.0)!

1,876

1,?21

3,645

19.

6.048

8,676

3,7S8

49,552

27,979

15,494

88S

2,638

1,243

26.

6,68!

3,299

4,086

47,151

-6,861

12,627

3,168

681

8.

5,I!,3

2,691

3,6;

42,372

42.472

11,003

374

9.

6,8:1

2,108

3,(16.9

35,18.

21,574

8,346

T.39I

1,733

4,i:57

28,877

19,118

6,288

23,691

17,60>i

5,999

14

Jnly

"
"
"
Aug.
"
•'

"

i

16
S3.

Total.

1

7,161

2,614

5,699

88.814

69.612

77,411

4,S3*

1,119

2.149
1,204

410
2,549

1,0F5

1,966

1,123

5460

26,118

14,673

41,385

This statement shows us that although the receipts at the ports
5 699 bales, the actual from plantations
the balance being drawn from stocks at
the iuterior ports. Last year the receipts from the plantations
for the same week were 1,126 bales, and for 1876 they were 1.965

the

past

week were

were only 5,460

bales,-

bales.
Total

European stocks..

899,750 1,324,250 1,266,750 1,325.500

..

India cotton afloat for Europe.
afloat for Eur'pe
Egypt,Brazil,&c.,ant forE'r'pe
Stock In United States ports .
•ftock in U. 8. interior ports
L'uitcd States exports toHlay

Amer'n cotton

. .

.

197,000
24,000
14,000
49,378
3,604
1,000

276,000
58,000
17,000
128,052
9,799

383,000
75,000
26,000
134,479
11,093
7,000

441,000
26,000
38,000
76,712
7,257
1,000

Total visible supply. bales.l, 188,732 1,813,101 1,903,322 1,915,469

or the above, the
"Hows:

totals of

American and other descriptions are as

.4(Her(<;a)i
'

!

•

1

rpool stock
iuental stocks
rican alloat to Europe
(sd States stock

;ed States iuterior stocks..
ted States exports to-da}-..

l^ast iHtlian,

I-iverpool stock
Jc^onttnentiU stocks
India afloat for Europe
jEgypt, Brazil, &c., afloat

Total East India,

American

442,000
310,000
75,000
134,479
11,093
7,000

400,000
195,000
26,000

1,090,851

979,572

765,969

306,000
34,000
89,250
276,000
17,000

367,000
41,000
106,750
383,000
26,000

415,000
71,250
184,250
441,000
38,000

541,000
354,000
58,000
128,052
9,799

76,71'^

7,257
1,000

Brazil, <te.—

london stock

;il

411,000
260,000
24,000
49,378
3.604
1.000

Ao

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

409,750 722.250
778,982 1,090,851

923,750 1,149,500
979,572 765,969

Total visible supply
1,188,732 1,813,101 1,903,322 1,915,469
I'PriceMid.Upl., Liverpool....
eHigd.
Si'igd.
6d.
T^iod.

These figures indicate a decrease in the cotton in sight to-night
624,36i> bales as compared with the same date of 1877, a
ideerease of 7 4, .590 bales as compared with the corresponding date
of 1876, and a decrease of 726,73? bales as compared with 1875.
j

!0t

1

At thk IsTEniOR Ports the movement— that is the receipts
and shipments for the week, and stocks to-night, and for tlie
corresponding week of 1877 is set out in detail in the following
statement:

—

Weatiikr Reports by Tbi.egbaph. — Our telegrams

to-night

give in general a more 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, Qa., to
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.
We have had rain this week on each of the
Oalvestan, Texas.
first four days, the rainfall aggregating one inch and thirty-nine
hundredths, but the latter part of the week has been clear and
We are having too much rain, and caterpillars are
pleasant.

—

doing considerable harm in the coast counties. The thermometer
has averaged 84, the highest point touched having been 91 and
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
an unusually severe storm, which interfered with picking. Cater
pillars are injuring cotton, and bolls are rotting from the constant

—

rain.
Crop accounts are less favorable. The thermometer has
ranged from 74 to 91, averaging 83.
There has been no rain here during tho
Corsica/M, Texas.
week, and some sections are needing it. Picking is progressing
Average thermometer 84, highest 103, and lowest 71.
finely.
Dallas, Texas.— The weather has been warm and dry all the
week. A good shower is desirable. Picking is making fine
There is much complaint of the boll worm, but think
progress.
reported damage to crop much exaggerated. Average thermoin2

—

eter 84, highett 100,

and lowest

73.

Brenham, Texas.— V!e have had Showers on three days of tbe
Cotton is
week, with a rainfall of ninety hundredths of an inch.
being injured by caterpillars. Poisoning seems to be only par
Picking is protiallv efficacious, and much damage Is feared.
gressing finely. The thermometer has averaged 84, the highest
being 01, and the lowest 77.
^

..

..

THE CHRONICLE.

204

Neu) OrUant, Lmisiana.—lt has rained on one day this week,
The therthe runfall reaching eighty hundredths of an inch.
mometer has averaged 83.
8hrevep<yrt, Louisiana.—The weather during the week has been
favorable for housing the staple, and picking is progressing with

The boll worm is
cotton is coming In.
and has been doing considerable damage. Average thermometer
There has been no rainfall.
84, highest 95 and lowest 74.
marked

New

activity.

ViSsburg, Mimssippi.—Tlie thermometer has ranged from 72
We have had rain on one
to 98 during the week, averaging 84.
day, with a rainfall of ninety-three hundredths of an inch. The
lever is raging and increasing. Cotton Exchange closed.
Colvmbui, Mi^nssippi.—'VeiegTam. not received.
Little Jiock, Arkansas.— The weather during the week was
clear and warm, until Thursday, 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 bale
of new cotton received on the Kith.
It has rained hereon two days this week,
Nashville, Tennessee.
with a rainfall of twenty-five hundredths of an inch. The thermometer has averaged 83, the highest being 91 and the lowest 72.
The crop is developing promisingly.
Memphis, Tennessee. It has rained on one day this week, the
rainfall reaching two hundredths of an inch, but the rest of the
week has been pleasant. Nine bales new received. Opening
Very little picking is being done, attributable to the fact
freely.
of fever distraction, the country being overrun by refugees. City
depopulated. Average thermometer 88, highest 93 and lowest 77.
It has been showery four days, and has
Mobile, Alaijama.
rained severely on two days, this week, the rainfall reaching two
inches and sixty-seven hundredths. Accounts from the interior
are conflicting. Ihe 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 f 3, highest 95 and lowest 72.
Selma, Alabama. Rain has fallen on three days, but the balance of the week has been pleasant. Crop is developing promisThe tliennometer has averaged 88.
ingly.
MaCison, Florida. We have had rain on three days of the
week, with a rainfall of fifty hundredths of an inch. The thermometer 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. Caterpillars 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 thermometer 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 cotton have been received during the week. Average thermometer 88, highest 103 and lowest
73. The rainfall has reached forty-nine hundredths of an inch.
Charleston, South Carolina.
There have been light showers
on two days this week, the rainfall reaching thirteen hundredths
of an inch. The thermometer has ranged from 74 to 97,
averaging 83.

—

—

—

—

—

—

—

—

—

—

—

The following statement we have
showing the height of the
Aug. 22. 1878.
We give

also received

by telegraph,

rivers at the points named at 3 o'clock
last year's figures (Aug. 23, 1877) for

Aug. 22,

'78.

Feet. Inch.

Aug. 23,

'77.

Feet. Inch.

Below high-water mark
11
2
12
6
Memphis
Above low-water mark.
10
4
7
.S
Nashville
Above low-water mark...
1
6
1
gireveport
Above low-water mark. .. la
5
5
Vicksburit
Above low-water mark.
19
14
7
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 AprU 15 and 16, 1874, which is 6-lOths of a foot above
1871, or 10 feet above low-water mark at that point.
Orleans

.
.

n

.

Comparative Port Rbcbipts and Daily Crop Motbmbnt.—
of the port movement by weeks is not accurate,

A comparison

U the weeks in different years do not end on the same day of the

month.
We have consequently added to our other standing
Ublea a daily and monthly statement, that the reader may conBtMitly have before him the data for seeing the
exact

relative

movement

for the years named.
First we give the receipts at
eiMh port each day of the week ending to-night.
PORT EECEIPTg FROM SATUEDAT, AUO. 17. '78, TO FRIDAT. ACO. 23
78
D'ys New
WilMo- Char- Savan- Oal- Norof
OrAll
mingTotal
we'k leans. bile. leston. nah. vest'n. folk.
ton. others.

Tues

43
159
36

Wed
Thut

Bat..

5

32
111

76

102
8
19

13

2

41

Fri.

172

140

Tot.

499

276

Hon

The movement each month

1877.

98,491
578,533
822,493
900,119
689,610
472,054
340,525
197,965
96,314
42,142
20,240

Sept'mb'r
October.

Novemb'r
Decemb'r
January
.

Febniary.

March

.

since Sept. \ has been as follows:

Year Beginning September

Monthly
Keceipts.

.

April....

May
June
July

1876.

236,868
675,260
901,392
787,769
500,680
449,686
182,937
100,194
68,939
36,030
17,631

Xxvil

1875.

1874.

169,077
610,316
740,116
821,177
637,067
479,801
300,128
163,593
92,600
42,234
29,422

134,376
536,968
676,295
759,036
444,052
383,324
251,433
133,598
81,780
56.010
17,064

1.

1873.

1872.

115,255
355,323
576,103
811,668
702,168
482,688
332,703
173,986
127,346
59,501
31,856

184,744
444,003
530,153
524,975
569,430
462,552
309,307
218,879
173,693
72,602
83,515

Tot.Jy.3l 1,258,486 3,957,386 4,085,531 3,473,936 3,768,597 3,573,853
Perc'tage of tot. port
receipts July 31..

9800

97-48

99-34

99-06

97-88

This statement shows that up to Aug. 1 the receipts at the
more than in 1876 and 172,955
bales more than at the same time in 1875. By adding to the
ports this year were 301,100 bales

above totals to Aug. 1 the daily receipts since that time, we shall
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 3,573,6)53

139

421

"

2....

1,465

"
"
"
"

3....

395

264
861
452

"

7....

"
"

8....

Aug.l....

4...

S.

596
509
529
340
700
468

5....

6....

9....

" 10....

"
"
"
"

11....

S.

712
612
737
505

12....
13....
14....

" 15....
" 16....

1,623

" 17....
" 18....

634
8.

" 19....

" 20....
" 21....
" 22....

944
627
984
817

23....

1,693

'•

635
724
504
846
834

S.

839
618
247
364
245
531

S.

1,963
1,714
1,069

8.

1,364

807

8.

8.

581

1,482

2,201
1,204
1,997
S.

2,583
1,738

1,526

1,631
1,930
1,423

1,499

8.

8.

2,781
2,175

1,744

701
604
647
967
787
604

457
330
224
303
395
675

8.

698
586
404

547
701
924
702
960

8.

845
789
607

1,167

1,056

197
364
539
218
168
195

1,038
1,084

487
598
367
264
561
394

1,874

410
390
394

8.

764

S.

1,727

8.

301
207

S.

1,141
1,168
1,082

1,092

521

S.

8.

864

2,231

1,102

1,873

592
607
971

1,996

1,134
1,678

1,297

8.

Total.. .. 4,273,515 3,967,754 4,105,991 3,480,805 3,784,524 3,610,596
Percentage of total
98-26
port receipts
97-97
99-53
99-48
93'P3

This statement shows that the receipts since Sept. 1 up to
now 305,761 bales more than they were to the same
day of the month in 1877, and 167,534 bales more than they
were to the same day of the month in 1876. We add to the last

to-night are

table the percentages of total port receipts

which had been

received Aug. 33 in each of the years named.

comparison:

New

[Vol.

232
261
287
402
518
335

72
40
32
100

63

49
259
142
234
93
404

412

1,181

2,035

321

76
89

83
12

40
37
128

118
12
34
64
78
541

847

The Epidemic

in the South and Early Receipts.— Late
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 quit*
reports

an important element throughout the Mississippi Valley. Stili,
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 lost
at

New

Orleans and Memphis.

Undoubtedly, for September,

the Atlantic ports and Mobile and Galveston
does not visit those sections) will show a

the

fevei

very decided
increase over last year in their receipts and by October thew
will be less alarm about the spread of the fever, a general relax
ing of quarantine, especially in the North, against the infectec
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 ver)
considerable increase in the crop movement in September ant
October over the same months of last year, though not as full si'
it

would have been without the presence of the epidemic.

Bombay Shipments Jan.
this

week

of Messrs. Wallace

1

&

to Jdnk 30.— We are
Co.'s

Bombay

in receipi

circular of July

12^

which they give, in detail, the shipments of cotton from Bom
bay to Europe the first six months for a series of years. Th>,

in
5,699

(if

details for 1878, 1877

and 1876 are as follows:

.

:

AimrsT

THE (milONlCLK

94. 1878.1

MWM

BOKBAT UBirMirM

To-

JANUAItY

1

TO JONB

80.

187S.

1877.

]87«.
478,.'i83

253,931

.•»51,30.'>

HftTTe

98.752

8U|™

<iJ.I!o».

2|.740

AinnU-nlani

iI'25'S

103.099
84.079
34.245
24,132
14,101
0,395
13,140
1S.771
27,993

110.490

r^^i.

8ig04
1,827

7,805
2.100
8,750

..roitllrlUlu

Hiirci'Unm

}5>9?5
li'liS

NiiplPH
.MuriMillUx

JM?Z
i?>*??
"SJi
7.937

Bremerlniven
PortfiiiUl

Rovcl

""*'

Aiitwcri>

811.8.^7

37,

3.95(1

7.022
0.700
15.374

10

'liiinlmri?

Tolul Continent

353,821

395,856

332,543

Total to Kuropo

607,755

747,161

811,126

The

same

totals for the

six

montlisof previous years have been

Tlie bales in all these statements are 3i cwts.

!.(>low.

BnlcB.

Bales.

BalPR.

Biiles.

978,677 1863.. 513.450
881,289 1862.. 600,652
717,161
806.938 1861.. 647.105
117<i,
.'<U.126
640,391 1800.. 313,578
7<!6,014
.1,072,883
580.771 1859.. 366,134
908,982
.1,024,717
I'lirning to the receipts, we have the following statement for
months January to June, both inclusive, for five years:
-Fi-om Ist January to 30th June.-

J878.
1877.

.

»>(I7,755

.

.

From—

I

1877.

1878.

Oomrawuttee

districts.

lltnKonplinnt
Dhollerali

(lo.

do.
do.

Broach

.

1868..
1867..
1866..
1865..
1864..

778,034
772,694
819,142

1873..
1872..
1871..
1870..
1869..

1875.

1876.

1874.

482,252
473,653
27,209
19,776
422,574 } 505,206
166,410 J

521,993 408,789 373,859
8.30G
27,814 20.117
98.697 336.136 336.919
75,228 168,621 133,037

romtoli

Dbarwar
Madrax and

I

do.

96,807

31,010

96,779

94,840

97,844

6,923
4,673

0,197
5,425

4,234
7,105

2,634
12,279

1,710
15,823

BoDgal

,

Persia

Kurroohee

The total surplus for Europe in 446,000 baleti, againxt 148,000
bales last year; an exceaa of 803,000 baloa.
Against, there Is a
reduction of 659,000 bales In the vlniblo supply, so that the quantity of cotton in tbe ports, at the mills, or atioat, at the end of
July was about 809,000 bales lofw than a year previous.
PROSPECT*.

12..')4(1

37.727

600

odeosa

\M

The market closes quietly. In the struggle whlob han for
some months past been going on l)eiween the strong statiaticat
on the one side and the unsatiafactory state of
trade in Manchester on the other, cotton has obtained the mastery.
Yams and goods have, to some extent, been forced to follow the advance in the raw material but the response has been
slow, reluctant and inad(^quate
and at the moment there is a
pause in the contest. After an advance of }d. to Id. from the
previous lowest point, there is a disposition in Liverpool to await
eventualities, especially as Manchester appears determined not to
bo dragge<l up any higher. 'J he figures are as strong as over
they wore, but this strength is neutralized by the helpless condition of business in Manchester, which, it is expected, will enforce
enough " short time" upon consumers to tide over the period of
semi-scarcity which has to be experienced before the free arrival
of the new crop. Buyers of both cotton and cotton goods are the
more reluctant to continue operating; on a large scale, as there is the
promise of greatly-increased supplies of cotton from America and
India for the new season, the commencement of which is close at
hand. For the immediate future the chances are against any
change of importance in prices later on, everything will depend
upon the weather for picking in the American States and the
movement of the crop to the ports.
jiosition of cotton

;

;

;

—

Bombay

Shii'Mbnts. According to our cable despatch received
have been 8,000 bales shipped from Bombay to
Ureat Britain tbe past week and 2,000 bales to the Continent;
while the receipts at Bombay during this week have been 3,000
to day,

tliere

bales.
The movement since the Ist of January is as follows.
These are the figures of W. Nicol & Co., of Bombay, and are
brought down to Thursday, Aug 23:

Shipments
832,135 979,295 960,239 1,200,765 1,181,451
he remarkable features in this statement are the evidence it
nishes of the almost total failure this year of the Dhollerah crop

from

,il

1

all p.'irts

the excellence of the

will

Oomrawuttee crop. That our readers may

bave before them a guide as to the future movement for the
.remaining months of 1878, we have prepared the following,

Aowing

the receipts at

Bombay

for the last six

months (July

1

Dec. 31) of the last three years
.

From

1 to Deo. 30.
1876.
1875.
28.670
25,266
7.020
2,977
79,137
35,238
4,685
1,216

10,472
41,537
6,431

3roach rtistrirts

^harwar

^From July
1877.
52,36.5

-ioinrawiittee districts
Hlngenijhaut districts
iDhoUemh districts
districts

)

Tomtah districts
Madras and Bengal

6,287

36,694

46,199

5,336
6,378

3,569
1,929

1,878

127,806

161,754

112,954

S
)

Pereia

<arrachec

130

Ellison
(

Meesrs.

& Co.'s Cotton Report pgh July.— We are in receipt
Ellison & Co.'s report for July, dated August 8, and

uake the following extracts from it:
MOVEMENT DCRINO THE SEASON, OCTOBEU 1 TO JTJLT 25.
The deliveries to English and Continental consumers during
*he first ten months of the season have been as follows, compared
vlth the figures for the corresponding months of last season:
/—
Great Britain.
Continent.

1878
1877
1876

8,000
1,000
8,000

v

1ST7

Inmhcr of bales
iTeragencije

weight

;'0I»1

t

1876-7

1S77-8.

2,636.ii60

8,11.6,410

4-a

405

4'.ii

1,W'1,383,S80

1,067 843.000

913,815,(;80

Obs.)...

(Ibe.)

8.

8,385,850

.

.

ISie-T.
l,al6,0S0
407
779.844.000

To

this year's deliveries to English spinners must be added
.,346,000 lbs. for error discovered in the stock of Surats, as ex'ilained in a previous report, making the total deliveries for the
iin« months l,0O5,5«8,.52O lbs.
In our last report, we estimated the consumption of Great
I

Britain during the first nine months of the season at a total of
,176,400,000 lbs. In the month under review tbe consumption was

*oot 92.800.000 lbs., or .58,0( bales of 400 lbs. per week; realiing a total of 969,200,000 lbs. for the ten months.
Last year
he rate of consumption in July was about 5ti,000 bales of 400
be., or a total of 89,600,000 lbs., which, added to the 962,980,000
bs. consumed in the previous nine months, gave 1,052,589,000
bs. 08 the consumption for ten months.
The rate of consumption on the Continent in July was about
,7,000 bales of 400 lbs. per week, or 75,200,000 lbs. for four weeks,
'Oaking with the 715,200,000 lbs. consumed in the previous nine
nonths a total of 790,400,000 lbs. for ten months.
Last year the
Jate 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.

On

the basis of the foregoing calculations,
lave been as follows this season compared with
,n hand 1st October is the surplus shown in our

8

.

11

Great BriUin.
16T7-8.

Lbs.

'

,

,

1878-7.

lbs.

Lbs.
6623i,'00

913,850,680

779,844,000

1,052,580,000

919,183,680
790,400,000

8I5,0;5.0<'0
810,'i»i.0UO

88,781,900

188,783 680

34,7-8,000

Supply'.
l,o:9,36S,.^»o
OBiamption, 43 weeks. »<)9,«00,0C0

i,f>:.s,3«i.oco

II

0(400 lbs

185,000

,

1877-8.

Lbs.
8,518.000
1.067,843 000

60,188,S«>

ronlinent.

57,000

~

381,000

86,000

Total. Britain.

Receipts.

1.

This

Total.

2,000 10,000 293,000 386,000
1,000 2,000 371,000 404,000
1,000 9,000 534,000 347.000

Since
Jan. 1.

Week.

679,000
778,000
881,000

3,000
1,000
4,000

847,000
991,000
992,000

—

Gdnny Bags, Baooino, Etc. Bagging has ruled quiet during the past week, and the sales, which are small, have not been
reported.
There is very little demand to be noted, and the
market closes dull at unchanged figures, holders still quoting
10i@llic., as to quality. Butts are not aoving 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 2|0
as to quality.

,

The Exports of Cotton from New York
decrease, as

last week,
last week:

compared with

bales, against 5,106 bales

week show a

this

the total reaching 2,772

cportBOlOotton(balea)rroia Skvw Yorfc Inceaept.l. I8TT

wna

Same

BHDiHe

ToUl

XrOBTBD TO
July
31.

titverpool

Aug.

Auj.

14.

-'1.

7.

5,693

Other Brttisb Ports.

5M

6.106

to
date.

TttT

5,635

Bavre

6!4

6166

8,778

319.196
63,4)4

338,989

384,^

9.S44

i,ass

818

115

Oiher French ports

Total Frsneli

81S

Bremen and Hanover.

. .

Hambafg
Other ports

Total to

If.

138

period
preT*a8
year.

5,857

3,33

100

Total to Gt. Britain

Bnrope

pain-OportoAGlbraltarAc

Total Spain, dee
Oranil Total

5.695

9,659

•,M8

80.718
4,966
19.806

is,an
8.878
13,671

44,910

ai,6<i

8,330

2.S90
8,398

4.014

S,S93

4,78e

4.764

898.846

410.W

111 otners

8.8iit

5.106

8.778

750

are the receipts of cotton at New York, Bosioa,
Philadelohiaand Baltimorefor the nast week, and since Sept. l.T?:
I'be folio

wmg

'u
aaox'TsTBOx
This
week.

Raw

Orleans..

Texas
tavannsh

Autumn Annual; MobUa

538,nO0

18Tti-7.

orpliu stockist Oct...
1380,000
•tUTCTieslo .rQly85....1,0t'5.568,&SO

nrplas stock, July 85..

.

the movements
last.
The stock

Continent.

From the foregoing it would appear that, compared with last
year, there has been an increase of 8,000 bales in the week's shipments from Bombay to Europe, and that the total movement
since January 1 shows a decrease in shipments of 99,000 bales,
compared with the corresponding period of 1877.

or 43 weeks.
?

Sliipments since Jan.

|

Great

nent.

Brit'n.

'

—

this weclc

Great Conti-

2Jc.

Total

205

norlda

Since
Sept.

1.

7<7

Sll,l:i8

1,441

854

88,»0<
117,456

6

5,7.16

BALTmoaK,

This Since This Since This ISlnea
week. Septl. week. Sept.1. week. Sept.1

137

80,845
6,310
ai,ll7
8.846
2,798
914

S'th Carolina
srth Carolina.
Virginia
North'm Ports

160
41

109,55r
66,805

895

161.6ti6

eo'.oift

II

56
49

14,01
144. 1.18

1.614 110.858

Tennessee, Ac
Foreign

5,887

17

310 110,884

4.6m
155

86,835

884

S6,6M

184

«a.sis
19.3CS

»

86 46.010
84

48,8«8

91730

Total this year

3,060

945,l>9»

3.071 J47,8>9

179

73,3:8

481 151,877

ToUI last year.

3.818

937.188',

1.059,a47.767|l

190

t4.»l

"434 lasJOT

.

:

:

:

:

THE CHRONJCLE.

206

Shifpiho Nrw3.— The eioorts of cotton from the U"''*'^
reached
BtateB the past week, as per latest maU returns, have
concerned, these
3,498 bales. So far as the Southern ports are
published in
are the same exports reported by telegraph, and
Thk ChkOHICLB, last Friday. With regard to New York, we
nclude the manifests of all vessels cleared up to Wednesday
of this week.

•>i(rht

Total ba'es

Liverpool, per steamers Egyp*. l,0C9....Abyf8inia, 736

Kew York -To
... Cily of Berlin, l,0J7
City of Mexico,
Vaw Orleans- To Vera Cruz, per steamer
eieamer Nova Scntlan, ai'J

.,.

S.J.S

3i0

37'
212
154

Bait moke—To

Liverpool, per
BojTos— I'o Liverpool, per eteaaiers Batavian, 55 ...Bavarian, 99. ...

3,493

Total.

these shipments, arranged in oar usual form,

The partlculara of
•re as follows

Liverpool,

NewTorlc

I

Total.

Craz.

Wl
IM

Boston

154
3,498

370

Below we give all news received to date of disaacerg to vessels
carrying cotton from United States porta, etc.:
Charlotta Alexandra, h.arlt (Sw.), S imaelscn. from New York for Hclsinsborg, grounded at Middel Grand Aug. 14th, hat was got off without
damage,

ijalvore settled

with the captain for £50.

— Havre.
Steam.

,— -Liverpool.Steam.

—@)i

— ©¥
—^)<
—aii
—a)<
— ©i

— Bremen. —
Steam.
,

,

Sail

Sail

d.

Friday....

d.

c.

c.

15-64 c-^mp.
15-64 comp.
15-64 comp.
15-64 comp.
15-64 corap.
16-64 comp.

Jf cp.
3i cp.

X

cp.
cp.
cp.
5i cp.

X
X

—

,

—

Aug.

week

Forwarded

— @;<
— a?i

—&K

11-lfi

comp.

H-16

couiD.

comp.
comp.
11-16 comp.
11-16 comp.

11-16
11-16

—@Ji

—&H

—

Aug.

2.

Of which American
week
Of which American

Total import of the

3:1,000

Actual export

21,000
4,000

%
X
'4
)i
H \
}4

c

5(

comp.
comp.
comp.
comp.
comp.
comp.

—

—
—
—
—
—

%
X H
prom Liver',i

Aug. 23.

32,000
3,000
26,000
2,000
2,000
587,000
465,000
25,000
9,000
6,000
154,000
27,000

i>rlcc8 of

week:

58,000
2,000
47,000
4,000
7,000
565,000
441,000
28,000
17,000
2,000
145,000
15.000

cotton for the

Monday. Tuesday. Wedu'sdy Tlmrad'y Friday.

Saturd'y.

1

Mid. Upl'ds
...369,8 ..-®6»I8 ...S6'8
Mid. Orl'ns. ...aeilifi ...®6lli6 ...®6ni8 ...®6%

...®611iB ...®6ni8
...361318 ...®61.1i8

Futures.

on the basis of Uplands, Ix)w Middling clause, unless

Satcedat.
Delieery.

8,3*10

470

*c. 24,U0

59,650

W. India, &c.
a. India,

ToUl

Aug

61932
ei»32

Aog.-Sopt

Nov.-Dec
April-May
Ang.-Sept

Shipments,

d.

d.

6%

Nov.-Dec,

6^8
69i6

Oct. -Nov., n. crop,

n. crop,

6%
6%

sail
sail

Monday.
Delivery,

Delivery.

Oct
August

6IO32

Scpt.-Oct

619.<12

Ang.-Sept

6i»32

Nov.-Dec
Oct.-Nov

Shipments.
6193J
6I332
e^a

I

I

I

Nov.-Dec.,n.cp.,sl.63a
Sept.-Oct., n. crop.
6IB32
sail

TnESDAY.
StUvery.
6I932a'8
Aug.-Sept... .61932®%
Bept. Oct
61932®Bb

Oct..i

Oct.-Nov

Delivery.

Oct.-Nov
Aug.-Sept
Nov.-Dec

61732

6»i8
62133
67io

Shi2>m^nts.
Oct.-Nov., n.cp., si, ei'^o"

Nov.-Dcc, n.cp,8l,()!'8
Dcc-Jun., n.cp.,8l.6%

Oct.-Nov., n.cp.,8l,67,8

Wednesday.
Veltpery.

118,450
li.aso
as,4io
13,370
274,960

168,680

176,868

437,456

The following statement shows the
cotton for the week and year, and also
Thursday evening

last,

sales and imports of
the stocks on hand on
compared with the corresponding period

of last year
BALKS. BTO.. OF ALL DBSOKIPTIONB.
Total
Same Average
Sales this week.
this
Bx- Speculaperiod weeklysalc*.
year.
tlon. Total.
1877.
Trade, port
1878.
1877.

,

,

American. .bales 23.340

650

Smyrna <fe Greek
West Indian ....

803
300

^gg

30

2,7;0

560

(.

30.430 1,315 700

1,440

2,0f0
2,010

Brazilian
Bi'yptian

!)8,9,j0

2,310

152,420

204 170
162, 710

390
33 720
171,090

268,080

480

....

]

i

East Indian

1,243

33,570

Total

580

3,790

S,460

this

,

1878.
l,S-;9,5Se

Brazilian

2.35

Egyptian....

6U8
50
639

9f,H56
113,210

1877.
1,669.288
8:7,843
182,613

1,253

934

Smyrna and Greek
VTftst

Indian

Baatlndian

date

date

19,762

36.;40
6,280
5,070

830

680

3,800

9,130

—Stocks.

.

,

Same
This

date Dec,

day.

81,
1877.

1877.

24,000

,10,964

488,880
36.780
13,890
500
8,:«0

li)5,ii88

250,769

58,')50

6.1,310

31,930

2,106,765

8,2^2,337

59S.730

9 8,180

387,MO

....

Total

%°\

21

To pome

l?,2-i0

bales

41,490
2.7)0
5.700

39,2(0 1,796,270 1,788,255 54,530 5i,08»

— Imports.

This
week.

American

1.12.3, 070

2,26:)

p.

21.t,5DI>

117.:«0
93,610

31.360
94,760
16,010

a,;,?°|

BREADSTUF FS.M
Friday,

59J,r!iO

Aug.

,

23,

1878.

market was dull and drooping for nearly all grades
throughout most of the pa=t week, and yet no material deoline
was quoted. Concessions were occasionally made to the exteat
of 5(glOc. per bbl. 'o move lots from wharf, but the depression
was due more to sympa hy with the wheat market than to
excessive supplies or absence of demand. The export demand
has been good for the West Indies and South Americ.i, as well
as for the Continent. Yesterday, the inark''t was steadier, with
more inquiry from Great Britain, a line of extra Slate selling &l
$i 15 To-day, the market was firm but quiet.
The wheat market has ruled firm for spring growths, on ih^
spot, as they were quite scarce, Milwaukee selling at $i 15 for
No. 2 and $1 18 for No. 1 but for future delivery the market
weakened; early business in No. 2 spring for Oc ober at $1 06(*
Winter growths, on the
1 07, being followed by sales at $1 04.
spot, were in large supply, and declined to $1 07@1 08 for No. 2
amber and red, and sold very largely lor SeptembtT and October
at about these figures, with " No. 3 steamer" selling at $1 08^9',
No. 1 at |1 11, on the spot. White wheats also'i
1 05 and
declined to f 1 1"®! 19 for No. 1, steam and sail.
Yeaterdayr)
however, there was some recovery in tone and prices on the esti'l
mate received by cable that the United Kingdom, notwithstanding
her better crops, will be compelled to import, (or the coming year,
about thirteen million quarters, or more than a huudred million
bushels ol wheat.
Today, tho maiket was strongejr; No. 2i
amber on the spot, $1 08^ No. 2 red winter, fl 09i [for .\ugu!ti|
and September, and $1 lOJ for October.
Indian corn has been only acderately active, and prices wen-

The

flour

:

1

\

i

;

Hov.-Deo

61632

Dcc.-Jan.,n.ci>.,si,61332

Shipme7its.

Aug,

....621.,o

Aug.-Sept.
Sopt.-Out .

Auk

62Im Sept

Oi-t.-Nov...
.

63132
69i8
....638

new crop,

sail

.

at the

.67,8

Nov.-Dec, n.crop,

6%

sail

Deliver!/.
:... 611,8

Sept.-Oct

611,6
611,8

Oct.-Nov

Oio'ia

Nov.-Dec"

61632

Aug

621.-]2

Sept. Oct

62i'33

Shipment.
Nov.-Dcc, u. crop,

6%

sail

Delivery.

Oct.-Nov
Deo.-Jan
Sept

Velitcry.

011,8

8ept.-0ct

6H'.,2
6'''32

Oct.-Nov
Oct.-Nov
Nov.-Dcc

62I32

BOROPaAN Cotton .M.vrkbts.— In

62Uq Aug
69,8
6»8
67i8

Delivery.

62132

Shipment.
Oct.-Nov., n.crop,
sail

West

613.

relerence to these markets
•""'espondent in London, writing under the date of
Aue
°
10, 1878, states:

^y

LiVBBPOOL, Aug. 7.-The following are Ihe current
prices of
American cotton compared with those of last year

lor

September.

sold largely In the past few days at 63@03c. for No. 2|
Western, spot and early arrival, and 68J(a69c. for choice Cansdal
in bond.
To day, the market was dull, with car lots of X«. 2|

Western

selling at 60c.

:

FLOtia.
a

„ern

&

^bbl. $2 4C@

3 10

West-

Extra State, Ac...
Western Suriug Wlieat

6H

|

Barley remains nominal, but crop accounts being poo^Jtherrj
has recently been an important advaucg in barley malt, the close]
being at 90c.@$l 10 for State and $1 15@l 25 for Canada.
Oats declined rapidly under excessive supplies at all points, No.
3 Chicago selling at 32c., No. i white at 3lc.; but y sterday there
was some recovery, and No. 3 Milwaukee sold at 33c., and choke
white 38c. To-day, the market closed active, with No. 3 graded
quoted at 30i@31c. for mixed and 33c. for white.
The following are clowng quotations
bnperflne State

Upland

,'

quiet at 48ic. for No. 2 mixed, spot and August, and 49i@49ic.

No.

Teias,.... BJ4
Ot}eana.... 6

Supplies have been liberal
To day, the market'was-

last Friday.

as well as at this market.

Rye has

Delivery.

Friday.

Aug

j

one cent per bushel from

Nov.-Dce.Orlcans,
low mid. clause,

Xhdksday.
Delivery.

;

barely maintained, the close yesterday being at a decline of about

Delivery.

62l32®llj8®2l32 Feb.-Mar
6I532
62I30 Nov.-Dec
Aug.-Scpt
67ii
62I32
Sept.-Oct
Shipvients.
619'.,2
Oct.-Nov
Oot.-Nov.,ii.cp.,8l,61532
.

Mobile

64,963

61,038
4,:«7
12.160
3,912
94,8:5

l,0i:i

13.M9
i,iH

164.780

igs.SIO

175,1)90

81.861

|

Delivery.

d.

fiept.-Oct.... 61932'a»l8
Oot.-Nov
...6ht

Jiin.-l-'eb.

Brazilian
Bijyptian, Ac. 24/90

j

sales are

otherwise stated.

Aug.

bales.
118,5:0
3,6:0
16,090
480
26,080

Sail.

c.

Aug. 16.

9.

38,000
2,000
29,000
1,000
3,000
599,000
482,000
20,000
18,000
2,000
167,000
31,000

Amount iinoat
181,000
Of which Amerioau
42,000
The following table will show the dally closing

These

bales.
119,830
so.oro
S3.5-0

To
Steam.

Sail.
c.

c.

-@?i

106,000
1,000
61,000
4,000
28,000
617,000
493,000

bales.

Sales American
Of which exporters took
Of wliich speculators took..
Total stock

Spof.

bales.
110,820
14,(70

r-Hambsrg—

LivBRPGOr,, Aug. 23 3 P. M. Br C.vbi.b
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

Sales of tho

American

1876.

1877.

1873.

,

Cotton freights the past week" have been as follows:

Monday..
Tuesday.
Wed'day.
Thursday

&

Llv., Hull
other exp'tfrom
outports to date—,
U.K.in
1878.
1877.
1877.
bales.
bales.
balep.

,-Taken on spec, to this date—.

ao-.>

8,123

Total

:

370

370

Orleans
Baltimore

fVcL XXVII.

Since the commencement ol the year the transactions on
speculation and for export have been
^Actual exp.from
Actual

8,77-2

2,77*

New

Saturday.

.

e:itraa

do XX and XXX
do winter X and XX...
do UlnsciiOta patents.

3 40:j 3 90
4 10(^4 25
4
4
4

6

ooa
40%
2f@
00^

4 PO
6 50
6 25
6 50

Grain.
Wbe8t-No.3apring,bu9h $....&
No.Sspring
1 18@
No.

1

sprin*^

Bed and Amber Wint'r
Hed Winter No' 3
White

Cora— West'n mixed

1

.

do Btcamer grade.
Southern yellow

13

1

l**

000

1

I-'

1 09ij,l
1

.

...
I

f*^

Oi®

C9,w
-;.

1

453)

4i>

ITW®

4s
62

-03

J

,

AiaUBT

!J4,

and

iriKla

brandrt
Soiilhcrri

THE (JHRONldLE.

1878.

I.I-

Tlin

rn.Ac.
— iw'wuit'. Ac.

movemuut

follnws

6

40®

B

M®

II

75

Mnre,

Waicrn
I

90S

'i

'J^

at this

market

>

1878.

.

f or thu

been

liaa

>

S7i.

,

For

lltno
i877.

Jan.

BXP^BTi rBOM

,

Same

,

Sii'Ce

w

tliu

>lncc
Jan.!.

as,

K«W TOBK

,

1677.

.

For ho
weik.

Hioce
Jan. 1.

lil.«i7

;os,«l5
1I«,«0H

1

wci^k.
1.
«•.'« l,sitl.H4
Floiir.bbla.
b-Ni"! «,45i,*51 1,141,<'6«
«,yi%
Ui,liH
111.1187
S.BOl
1*3,0 9
r.iiual. ••
Wliial,hn».I,81T.7Krt S1,H.^7,^6t 4,161,043 1.15MI5' «3,«?.vt«
"
39.Vi«'l H,i:W,753
8il,14S S8,'8&,v« 18,'8't.7\4
Ooni.
"
.••I*,1S4
S.M.SM
.VIO.ITO
SJ,«1« «.ttl7.8(8
Kyc.
1,10(1
1..110,(H
nr.DM •2.763,'«» 'S.-M-.M!
Biil.y, •'
"
i,:U3,086
S60.IU1 7,887,5U 9,6'J7,.187
107,91X1
OalH.
I'k.

roi.t.)

8,U'I

.IWvll 5,tM.M
t!K),SnnS,31B,l«

U.iH

1I10.M8
7TI,.WI

«a.S)0
8,8j9

Wifiii

l^kuai.lpmcnti', weak...
(Mual

Total

*

Flour,
bhla.
(198 lb-.)

AT-

1M»

<jhlca«tn

Mllwankcc
Toledo

lS,!li3

«,8!S
&.8!0

Detroit.
•Olevelnnd

M->

«LLouls

8S.SI7
1,185
<,80a

Pwria.
'Dnlato

Toul
Ptevlons week
•Corrtup'ng wtok.'T?.
•Corrcsp'u^! wtek,'76.

85il44
81,181
83,157
!<5,U6

Corn,
ba-h.

Wbcat,
bush
(hO Ibb.)

(5ft

lb<.>

Barley,

Data,
bush.
(.32 lbs.

>

.

.

651,773

3t.,n-M

163,613

81,181
911,731
641,5J3
65,000
513..1U

14.H8I
568,0:8

7w,'OI)

41,92.")

2U,3:0
8,389

36,383
417

8.981

41,400
171.045
2JS,02S

5,601)

19.802

S9,<ino

600

3,IK'0

n9,«96

1,3.V)
ll.OOi)

9,063
30,075

91,316
88,360

889.180

250, l^0

....

8,077,837

3,«'15,795

2,0 "4,600
l,3.'6,il 9

8,981,774

8i8,4;3

S,i7i.89t

Mau,8'4i

7.160,301
3,10. 3i'2

8,799,^31

3,315,030
1.5li,l!l

2,3)5,«8

6,8-.'S71«

1,14'.,600

tame

3,ri7,6!)3

S,411,6aS

1,783,840

8,7W,978

,33,146

169,.)88
16.% --14

85,584

49,8.8

3.087,342 2,5I«,45J
2,801,8/7 1,697,0'.*
3 036,997 !, 150,511
l,611,t01 1,1,98,404
15S.361
64,145
61,558
96,549

487.146
45,S.035
lt..3,09j

137,375

BAIL SHIPMENTS OP FLOUR AND ORAtN FROM WESTERN LAKE

ASD RIVER
Week
eudinf;—
Aiiini't 17, 1,'78..
A'l-.isl 18. 1-77..
A' .-m-l I; 1S76.
Aii-U»t 81, 187J.

Flour,

Whea>,

bbl3.

bush,

8 :,613
91.481
71.8)7
49.705

soi.sTn
r)4.7J0
3i5,157
110,699

PORTS.
Oats,

C!orn,

bush

bnsh.

bU8b.

302,973
451,5 4

663. S96
3!iu,8i3

11,613
7,800

1,0 1,300

885,891
310,770

3a. 89.1

247,108

bubh.
13.7;!4

19,4 4
14,81!
88.31 S

85,553

Same tirau
famo liini^:l;ll.•

1, 623.584 S,01n,956
1,8.0,576 l,05'l,7h3
1,2-|,068
H4",')'<l
985.901
367,632

...8,413,764 27,;6 ',557 45,461, :74 1.4,4!0,i8l

1877.

AND

ISTO
2,133,813 87,462,91.1 4ft,2li«.3:i 1.1,182.068
f,m<;lo75 ....6,088,986 10,085,555 2J,575,l!ia 8,473,783

ULCEIPIS OF FLOUR AND QR.«N Al' SEAIiOAUD PORTS FOR THE
WEFJt ENDED AU(1. 17, 1878, AND FRJM DEC. 31 TO AUG. 17.
Flonr,

At—

bbla.

New York

85.908
60,354
8,800
14,782
i5,830

Boaion
Portland'
Montreal
Philndelphia
Balllmoru

S.3.'j78

ScwOricana.

4,931

Total

19',71T

Previoa«weck

..

2 5,583

Corresp'Dg week,'77.

199,781

.

Wheat,

Corn,
bush.

Oat!",

!,OS8.078

910,750

362,530

89,800

483,01)0

48,03

bu-h.

5,''00

818,t;6
413,600
977,800
r5,lll

130,100
31,752

3,57-',0;3
.1,188,823
1,23»,.33J

2,074,718
8,467,810
2.7P8.9S9

Ry.
bush.
53,574

410

11,800

1,5

6IS

115,2
3ti7,I03

Barley,
bnjh.

bush.

88

134,8

6,E00
1,400

.17.000

62,644

647,428
471-,457

378,196

18,888
18,430
87,861

60,874
6fi,Hi0

149,951

Tot-Dcc. 31 to Ang. 17.5,865.346 50,399,860 78,764,546 t3,ftS7,0:)5 2,450,110 8,728 589
Same time 1877
4.0>6,8a 8,7:l-,S13 5:i,048,55l 10,)8M21 2,10, -36
90.5,4 9

Same llcne
Same time

1876
1075

.

..5,659,481 S7,o!.O.0n8 64,4?t,3i7 15,S51, '70 2,OjO. 19
5,689,185 30,104,915 88,988,858 1(1,881,803
318,097

3'ii,718

185,1100

* Estimated.

Kil'ORTS PROM UNITED STATES SEABOARD

PORTS AND FROM

MONTREAL FOR WEEK ENDED AUG.
Floor,

Foon—

bbis.
67,136
8,190
107
10,7!0
8,710
4,043

:^ew¥ork
««3ton
Portland

Mwlreal
Philadelphia
Baltimore
To'al for week..
Previona week

Two

we('k><a):o
'rhrcf \te(-k4 a^...

four ucekH ago

Prom Mew

.

Wheat,

Corn,
buph.

bosh.
1,858,601)

189,818

488,000
241,455
\i
810.933

3.33,935

337,-.l6S

53,(83
....

17, 1878.
Peae,

Oat»,

bnoh

bu-h.

105.114
31,343

66,872

83,691

'aoo

2,619,861

l,-:'61,.36l

175,690

2,(.06,356

59,3.'i7

1,5)13,726

0S,8U

1,81:),.551

V,f6i,468
1.700,948
1,651, -MS
!,»4S,0il

40, bOI

granary at the

1H.73I
207.3.57

2t3,^8n
101,101

bmh. corn and

56,748

l,IM9,ol8
660,000

1,8<0000

148,(00

7,7)0,738

9,895,159

:,444.904

1,11)6.708

634,811

8,S0I,C35
6,iStU,Wl
»,«I8.«04
6.6 9,4)9
6,447.178
7,374.431
8,988,3(6
10,9J4,»tg

1,818,354
1.357,806
1,419 0»<
1,5)0,497

1,170,557
1.017.W94
1.070,2(4
1,011,463
1.006,544
1,037.)66

40;,4»

l,l«l.»'(3

318,677

146,6«i

44'),«5ti

4,403,785
4,43J.3«7
4,618.488
4,911,182
8,91(7,149

Ik Storb

Now York
Alh»iiy
l-'Viio
.aijo

".vaukeo
'uih

"

i'-lo.

U

trgit.

at—

n«,-55
121,D'J3

tUMf,
75, '66

46,888

3,780 bush,

wheat.

Wheat,
boah.

Corn,
bus".
632,1.)3

M.8C0

27,iKX)

132.98J
637.839
389.8:5

S2,>.74
»,16«.757
13,095

Oats,

Barley,

Rye,

bn-h.

bash.

ba«h

401,961
S5,0U0

203.224
33, 00
9.178

5 '6.777

259 314

2,!'46
13^,68-.

47,431

403,139

14,118

Il,76'l

491,811
818,811

• •

815,916
S,5t9

1,53(1,133

1,617,701
i,;;8.32i
1,101.90}

T9.l<»

»6«,.'«»

871.078
301,860

Si6.7«
S;«,06ll

Eallmated.

THE DRY GOODS TRADE.
P'niDAT, P. M.. Anif. M, 18:8.
Business has been only moderate the past week with ihe package houses, and it ia quite likely that there will be ^lull in the
demand for autumn goods uulil jobbers have distributed part of
tht-ir early purchases, which were unusually liberal.
There was
a fair movement in certain makes of cotton and woolen ^ooda

ginghams, dress goods, hosiery, &c., in execution of
former orders, but neiv transac ions were less important than of
late.
The jobbing tra^e was not as active as expected, but a fair

distribution of both staple and department goods

waa

effected

the leading houses in package and broken lots.
existence of yellow fever at New Orleans, Memphis, and

soice

of

by

The
soma

has retarded operations on the part of
Southern and Southwestern jobbers and retailers, but buyers
from the Western and Middle States have continued their purchafies without hesitancy, and with apparent confidence in the

otlier distributing points,

mainteiiance of values.

Domestic Cotton Goods. The export trade in domestics
was fairly satisfactory, 2,18.5 packages having been shipped during the week ending Augnet 30 to the following markets
1,400; Great Britain, 353; Hamburg, 131; Hayii, 91;
United States of Colombia, 75 British North American Colonies,
Africa,

;

71

;

Brazil, 57; British

West

Indies, 40,&c.

The general demand

Boods by package buyers was les.? active, but prices
ruled very firm, and some prominent makes of goods, such as
Atlantic brown shnetings and Pepperell and Laconia drills, were
subjected to a slight advance. Bleached shirtings were in moderate request and steady, and low-grade cotton flannels were in
good dtmand and firm, with an upward tendency. Dacks, denims,
ticks, corset jeans and grain bags were in steady demand for
moderate lots, and yarns, wadding and batts were a trifle more
Piiuts were in steady demand and firm, but print clotus
active.
were rather weak at 3 ll-16c., cash, I0 Sjc, less 1 per cent cash.
Ginghams and cotton
for 64x048, and 3 o 16c., cash.Jfor SCxOOs.
dress goods were distributed to a liberal aggregate amount by
agents, and were a little more active in jobbers' hands,
lOMESTiC WoOLEX GOODS. There was a light and unsatialactory demand for men's- wear woolens, and sales were mostly
restricted to small parcels of medium and fine fancy cagsimeres,
cheviot suitings and worsted coatings required tor the completion
Overcoatings ruled very quiet„
of assortments by cloth jobbers.
but there was a fair movement in eo'ton-warp beavers, which are
more firmly held on account of the light supply. Cloaklngs
were in improved request, and low pricss enabled agents to effect,
Kentucky jeans were taken in moderate
fair sales of repellents.

—

a fair aggregate, and there was a limited inquiry for
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

satinets.

there was a fair

.

48.5.38

18,413

63
2. ,500
68,-.

4,162
tt.

movement

and fancy knit woolens.
Foreign Pry Goods.

In shawls, skirts, hosiery, noderwear

— There

though somcwitat
medium grade
black silks were moderately active and very firm, and there was
an increased movement in staple and fancy dress goods. Millinery sUka, velvets and ribbons were a trifle more active in i-riTste
hands, and desirable makes brought fair prices when offered at
auction. Linen goods ruled quiet, and prices are low and nnaatiaWnite goods moved slowly,
faciory to importers and consignors.
btti Htmburg embroideries and imitation lacrs were in steady
M-'n's-wear woolens remained sluggish, aside fioia
request.
worsted coatings, which were io moderate request.
irregular,

:

1,183,530

1H8,8III

;

66.87*
130.585
55.018
81,179
08,904

compriaini; the stocks in
principal points of
,. accumulation _.
at lake and
in transit by lake, canal and rail, Aug. 17

maboard porta, and
1878, was as follows

•

l,J«

lots to

80,906
71,771
65,908

Orlcing, £85 bbl». (lour,

2,009

38[933

825,416

1,789,180

bash.

The Visible Supplt of Or .VIK,

I'

I8.TM
156,M0

ii',ub

for cotton

•Tl»tDtc.3:toAng;7.3,6r3,6a3 211,850,283 58,68',JS5 11,413,014

i

ii,6ia

....

—

Barley,

aniPHENTS OF FLOUR AND GRAIN FROM WESTERN LAKE
IlIVER PORTS F110.M DEC. 31 TO AUGUST 17.

.M

««t.lM

....

prints,
1.451,863
1,129,33J
749.5il
441,882

Tot.Auif. ItoAng. 17 271,559
a;o, 81
Saraotlmel»17
S7J.575
Samp time 1878
843,945

(66M)«.)

2,5;8,i''i7

.

llrao 1875

Bye,
bnrb.

biiih.
(48 lbs.)

r9.9.15

C

Tot.D«,-.31to Aag.n.3,44il,!80 4I,167,98S 61,238.131 17,876,061
8,)ii4,8.'3 13.*JB,^tj7 51,4»r,4t!R ia,i88.'J7S
Si.in-iimelb77
S.^nietim- 1976
.S,-W,fl.i •J8.78'',r,64 48,l3.1,0li0 I4,il8.^,.il4
^^iuuc timu 1815
S,8;b,Siil a4,098,»81 31,1,8,1)7 ia,445,«)9

'

•,«w

InclDdlDS malL

KECBIITS AT I.AKR AND niVEU POUTS FOR THE WBEK ENDING
AUO. 17, 187-*, FItOM DECKStllEll 31 TO AUO. 17,
AND FROM ACOUST 1 TO AUG 17.

''

,,,,
....

6,6m.,'.'?i

Aug. 18,1877

US

4M

1878

187S...

IO,IM

121,014
B'5,616
802,V78
l,u87,i!M

6,)i«;,091

6,1878

It. ICO

11,000

17.4W

6,5.'7.i)53

-.9,

I4.UI0

1R.54I
57.511

16<>,09l

IIJIS

July 80.1873
July 13,1878

71,000
7.fl7

4<',4ft«

1878

'uly

2MI<M

8M.839
82,84

:),

June

in«MS

216.84S

10,

87

184487
»'»,7»9

Ky».
bo.b.

n,(.»i

Ul^,it7»
...

nupli.

104.184

;.i;,8»»

week

Barliy,

M,i87
1R1,5;4
Ill,7««

On

Juy

Ua.t,
boah.

irsiOno

»«7

ludi niipolla
K»,""'""'lty
Baltlm.ire
KlII rhii.mintf,

Ang.
Aug.

Uurn,
hnib.

88,179

Philadelphia
P»i'"»
,.

roidln^

•

^BJOKll*™ AT H«W TOBK.—

156.111

•fontr..!

mwi-d

PcsD-'Canadu bund&froe

I

bretdatutT:!

lu

4

Bo«ton

'

iltrioy— C'liiiada Wo«t...,
I

81. 1«oni

bnah.
wvflod
tgl.MT

oiwego*

Sute
Oni<— Mixed
Whilo

ii

'.I

»

Wboat,

whiio...,

Hyu— Wralvni

4 HOm 4 7S
i 913 S an
tiO
9 '.'0&

'irraa.
(

Corn— Souihcrn

•* IS® B 3S

fiiralljr

hakvn' and U-

Cvirn uKul

207

OnAiK.

Flo in.
•€lly (blpiilnirrxirui
City

:

demand

for

was a

foreign goods.

fair,

Low

to

—

——

.

THE

208

chro:ni(;le.

:

-18T?

-187

1878

,

>

Pkes.

Valne.

Pkm.

Valof.

$489,376
200,360
389.132

1.275
1,043
686

1652,550

$316,449
250,n45j

171,001
139,854

895

21H.2W

S41

168,461

780
963
604
656
486

S,4M *1,329,833

4,4l0

11,714,867

Pkn. Valne
Muafictnres of wool.
cotton..
do
rilk ....
do
flax....
do

9.^9

lUscellineona dry goods.

174

. .

773
tiSi

781

390,453
484.171

The following

articles from the portof New Tork
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. Tbe last two lines show total values, including the
value of all other articles besides those mentioned in the table.

shows (he exports of leading

»l-eoOCT:OOWO*

3(17,059*
150,4!i3

111,543
Ttt*K

Total

wiTHTOLkwa raoM WAaaHooaa

aicd

thbowm ihto raa makkxt ddbihs tbe

1.707
8,489

605,378
1,215,579

5,196
6,220 $8,211,359
Totalthrownnponmark't 5,616 »2,011,455
BBTIBID FOB WABBBOneiNS OOBIMS «AMX FIBIOD
6.;4
$186.7-0
448
748
Mannfactnresof wool....
J331.402
206
60,.s»
HI
S2,!62
cotton.
187
do
91
91
64,>01
197,931
S07
pilk.. ..
do
344
478
110,902
64.151
S58
flax
do
41
107
17.0.6
16,718
goods.
212
dry
MlKellaneons

$1,820,957

for

106.S72
63.651
22.978

84,655
154,8''9

115

8!,550
86,572

308
518

.2,193

J6.'>1,57J

conanmpt'n 3,123

1,229.683

Total

»244,4?5
SO.OMB

197
461
SOS

HiBCellaneons dry goods.

Addont'd

565
274

276

flax ....

do

»317.!)0«

J52S,19J

1,780
4,440

1,714,867

76,711
107.594
81,400
19,068

Total

1^

»670.7.>7

3,411

1,329.883

1,216
3,489

$411,191
1,714,667

1.235
4,440

ot-a«QOo>M

OSi-000

65.936
105,868
7a. -89
8,;58

5

$491,243

China, Glasfl and

:

}

CO*-

PS"
•

Metals,

Madder&Ext.of

no
M02

specified.]

Opinm
Boda, bi-carb...
Soda, sal
Boda ash

Flax
Pars
cloth

Hair

Hemp, bales
Hides,

10,841
1,480

18.4.34

'.5,426

37,386
40,^81
2.086
4,229
598
2,918
119,635

Ac-

Bristles

Jewelrr,

A bags.

2,241

Tobacco
Waste
Wines, Ac
Champagne,bkt».

14,771 Fancy goods.. ....
3f,988 Pish..:.
33,657 Fruits,
3,608
Lemons
3,916
Oranges
4,024
Nuts
1,860
Raisins
94,002 Hides, undressed..

l,;f5
4,131
88,159

1,093

476

Ac-

Jewelry

1,553
344
112.968
64,633

Watches

Unseed
Kolasser

512

74 209
708.035
3J,?54
64:,0»3

673 369
7,462.191
84,0^4

7,265,2.i3

426.6;2
1,3S9,I37
526, b69
35,322

315

446,949
2,012,780
SJ^.lSS
38,629
662

56,963
91,887
21,717

54,483
87,003
26,903

-ct-o-M*

Win

S'iePfffi
flj

J.

<j>

00

«

W

•05

.

.

.

>*,^

:

;

:«^.
W-^

•91-

C3

'

r£

'

'

r^m-ri

Q*

r-

O

eo CO

S3

.« OS-*

1^5,703

1,791

29u
230.746
78,210

Sooso
04 00

$

$
76«,20i
45 425

S

511.^:64

I

1,017.117
117.621
1 619 »o7 1,177.260
608,431
574.606
401,140
666,332
7,147.72j 7,913.8%
190.644
180,293

Ac

Spices,
Cassia..

120,285
41,061
283.124
124,040

Ginger
Pepper...'.
Saltpetre

t= t-

:

w 3s o
ff•

'^ -^^ =,

ci'sf

943,332
41.002
492,165
263,418

196,655

-«•

- s
s

Ac-

3,035
»-,607

88e

.Sgo'C»-

to

•«30S

2,473

2,8:8
342
4,230
717,765
28,042

40,755
Wines
3,220 Wool, bales
8,734 Articlei reported bv
3,478
value—
28,799 Cigars
705 Corks

Klce

Hides, dressed..
India rsbber.

Uoty.

Sugar, bxs

3,077

Tea

466

«

&

9,462

2,219
4,6ab
2,630

•

:5^

8.0O6
Hardware
28,206
Lead, pigs
202,t06
Spelter, lbs
16,807
Steel
5,296
Tin, boxes
4,205
Tlnslaba.lbs...
30,31n Paper Stock
16,296 Sugar, hhds, tcs.
1,236,011
bTjls

23,904

27,41t.

Oil, Olive

Bnnnj

8,160
53,l8i
144,789
14.460
3,492
5,723
79,3^0
15.939
l,0I9,66t
8,418

12,821

Indigo

OSOeo

Ac-

Cutlery

Gum, Arabic...

^eo
'-1

58

l,'il5,5;9

^

Cream Tartar..
Gambler

*DOow«5'«!<ogQqj-*e2eo«5o

.«-«*5J

H

Since
Same
Jan. 1, '78 time 1877

Same
Since
Jan. l,'7f time 1877

Drags, &c—
Bark, Pernvlan.
Blea. powders..
Cochineal

'Oi

^=0

table,

[The quantity Is given In packages wnen not otherwise

Coffee, bags
Ootton, bales

05

CO

4]

compiled from Custom House returns,
•hows the foreign imports of leadincf articles at this port since
January 1, 1878 and for the same period in 1877:

.

]

00 *«

Imporla ot Leadlus Article*.

Barthenware..
Glass
Glassware
Glass plate
Buttons
C!oal, tons
Oocoa bags

«

$2.31,192

4,706 $1,106,822

$2,126,058

6,675

Total entered at the port. 5,095 $2,000,620

China

O .- Oi 00 v

-»

ca

The following

O°.«'VQ0rH

,-,

;

.

Add ent'd for coBBompfn

«

«S,0??«3C5

SAVB PKBIOD.
j;321,405

754

ffl

3,449 11,815,579

801
8 3
158
401
31

Uannfaclnrea Of wool ...
cotton,.
do
silk. ..
do

XXYn.

Exports of Leading Articles tyom Nenr ITork.
table, compiled trom Custom House retnm«,

liBparUiUonB of Dry fioods.

The importations of dry jroods at this port for the week ending
of 1877 and 1876,
AtiR. 22, 1878, and for the correspond ing weeks
have been as foliows
nrraaaD Foa oohbuhptioji tob raa w»«a aHDixa auo. 22, 1818.

[Vol.

•

.

4d

.

.

p

M

Ki

"

*a :::

.0 .ett^A
:

•

IS:,'

at

•o'-'

.00

."^

'ooirt

•f

SS8

•COS

'I-

68,525
90,3;il

364,156
322,B6j

•

I

CO
i

P

=

:

sss

:^

^8
;S

WoodsCork

284 461
29.547
462,876
43,665

Fustic

Ix)gwood

Mahogany

278,963
sa.s-ie
368,i)27

33,413

l§

o«

Receipts or Domestic ProdDce.

The

receipts of domestic produce since January
same period of 1877, have been as follows:

1,

1878,

a-g;

and

for the

0>ao

Same

Since

Sinco
Same
Jan. I,'78 time 1817

Jan. 1,'78 time 1817

Ashes

pkgs.
2,86^
4,847
Pitch..
Breadstnffs—
Oil cake
Flour
bbls. 2.560,953 1,742,096 on, lard
bush. 31,857,664 4.161,043 Peanuts
Wheat
" 21,285,533 I'<,9b9,7b4 Provisions
Com
"
Oats...
i,8<7.66:i 5.697,3h7
.
Butter

.bbls.

.

"

Bye

Barley A malt"
Grass seed. ..bags

Beana
Peaa

bbls.

bush.
meal.. bbls.

Com

Cotton.

bales.

Hemp

"

Bides
Hides

T7o.

2.130,692
2,765,339
122.998
46,140
458,641
131,037
499,93'
2.314
1S0.0I4
81.978
50,536
2,654,822

6.;0,470

Cheese
Cntmeats.,

bags.

48,666

pkgs.

13,3.42B

"

"
"

360,246
114,283

Beef
148,019
Lard
8i:O,05I
Lard
4,:194 Rice

"

lS8,0-,>8

1.34,723

"
kegs.
pkgs.

"

Starch

Leather

sides.

MolaMes
HolaMea

bhds.

18

bbls.

U),«31

eS,0l6 T(<Bacco.

Crude turp..bbl*.

1,973
50,914
252,568
18,033

2,313
60,683

*'

89,139 Stearine
36,56
Snzar
2,711,0t;S
S6:j

Stores

Splrtta torp

11,21-.

Pork

S,248.P23
76.340
46,43)

bales.
bales.

••

1,438
219,604

bbls.

1,350,024
837,761

Hops

aval

pkgs,

Sugar
Tallow
Tobacco.

Whiskey

Wool

.

2.30,780

14,186
52.543
121.231
»1.349
124.411
6«,46S
19,807

.hbds.

248.181 Dressed hogs.. No,
15,593

---n^?!-

S00.H

•

jgE

a

i«-

i
I"
^

,,-

gS

5
*?
•fefcs:»S2"

S"
*^

P
«»

s
'V

§'•-'

•'g!

SsCS^cig! =s<?»«-TOr;— ootoo "

5

—

»

122,0:J3

276,816
14,662

hhds.
pkga.

..bbls.
.bales.

174,890
1,283,478
663,150
362,083
26,750
249.011
26,057
23.956

650

S5S :a»S

2,695
83,584
12,716
13,184

36,651
626,774
28,161
19.664

bbls.

"

:

SIS
o»Sf

'•

12,497
711
12,616
44,129
128,717
63,092
88,107
69,083

U,467

00"

ifi

S J5 .a 5" ji j3 .d ,a •
a 2 p D H DJj
3S
.*:,o*,S,a*i.o

p.-

'°.*'^*

:

-off f %"'"°2°"°--°

sH

1

.

AuousT

I

UKNBBAL
PRICKS OURKKNT

—

V

North Klver ahlDP*nff

...
Pinr, liloplnK. box
do Ully board!, com.lo K'ri.nach,

(Mk

V M.

;

no

3<

(XI

119

13 DO
19 'JO

-ii

a
«

38

•

3 40
9 '»
4 S5
3 8s

»
a
A
e

1

9
1

19

30

15
17

|) ft
•'

M

n

**

"

18
li

9

a

BKKSK—
State factory. prlmetochotee....Vft

iHS

t%i

"

Weatern factory, g'd to choice..

OALjlyerpoolKar cannel

8 90

jifernool houBccannoI
13 OOa 18 00
AsTDRAciTB— The following will show prices at
t aJctloD or prt-neiit ^clicdnre rates;

Newbum."

H

L*W.

* W.

D.&H. r.4H. L.

Auction.
July 31.

Sched.
N. Y.
Barbor,

Uoboken.

19
t'mb.
ta 60
rate.
3 49
3 60
13 47H@3 90
3 S7>|®3 60
3 13
Kg., 3 60
.ove.. 4 09
»>
i
4 ^0
h'nut.. 3 50
3 60
3
50 cents per ton additional for

Schcd.
Port
Johuht'a.

t8t0
8 61
3 73
4 kO

UH

'

delivery at

ork.
tilo.

24
19
19

nx

a
e

23
18

a
a

13
IS

gold.

14

n

....a

28
26

19

14^9

V

Iheathmv.acw (overia 0x7

....

...

draxlers'Cover 16 oz.)
Imertcan Ingot, Lake
OTTON— dee special report.

RUtiS « L)¥BSAlnm, lump. Am
Aloes, Cape

V
Vi

ft cnr
gold.

lOO
ft.

3

••

Aloes, barbado. 8

••
Arsenic, powdered
Blearb. soda, Newcastle.)) 100 ft "
Bl chro. potash
V) ft cnr

3

....a

-.13

16

ISX

a

uwa
11X9
30 a
3
10

22

a
a

2X

i3va

ii'

Bleaching powder
* KG ». ••
...
1
40 a
Brimstone, jn>B&3r<ls, per ton.gold.34 10 c
Brimstone, Am. roll
V ft,. cnr.
2<^3

Camphor

refined

Uaatoroll.B.I.lnbond, Veal. .gold.
C'aoatlc soda
V 100 ft
"
Cochlneal.Honduras, silver...
Cochineal, Mexican

Cream tartar , powdered

'*

**

gold

"

perlOOlbs.

Oinseng

tO
3 63

a
U- a
60 a
66 a
2»X«
> a
. .',*<*

3

cnr

"

Qlycerlne, American pare
Jalap
Ueorlce paste, Calabria
Ucorlce paste, Sicily
Ueorlce paste, Spanish, solid

"
.gold

Madder, Dutch
Madder, French, K.X.F.F...
tiatgal1a,blne \leppo

...cur.

"
"

bond), gold. 3
Proaslate potash, yellow. Am. .cnr.
Uulcksllrer
gold.
Onlnlne
,
cnr.
(In

Khubarb, Chlna,good topr..,. **
Sal soda, Newcastle.. V luo ft, 20ld
Shell Lac,-^d*ist English. Vft.cnr.
odaaab
VluOft.gold
Bagarof lead, whlte,prtme.»ftcnr,
v'.trlol,

blue. common

95

I

a

n a
•
36
is a
it a
•xa
« a
i8xa
jxa
79 a
n

periOlb.lrail

Layers
Loose

29"
38
38
8

9X
19

385
:6"
4 EO

150
1

18

15
34

65

170
30

7X

I
I

a

3 74
-

1

75

2(10

8X
1^15
8

hominal.

i

Oanto nUinger,wh.Aht.poU.Veaae.

»h«lf box
quarter box

V

„

luilan
« ft
Dome^ti£ Dried—
Apple>, SuQihern, sliced (new) « ft.
da
quarkri (new)..
i"
Mai-Jironl,

4
IS
( 90

IV »

uxa

do.,..

••

do

**

..

HVl.VuJUd-Baen. Ay, selected
Pnra,
do...,
California,

«

a

»

a

•*

"
cnr.

t
3

•

a
I
(

a
a
_
a

5X«

I'i'*

w

»

3
i
i

t
«
«
ai
IS

,

ysssiir'
>6«rrt«).. r*,>««*,aati««, •••,»

13
8 00

V a

SI}
20

liX

»x

"

Oalcatta, buffalo

'•

8X

HOPSgood

to

I

t

w a

too
>
«

Tar<aams, No. I....,
Kereeled Tsatlaee, WitRe-reeled Coacoao, Mo. 1..,..,

u

...,

» a

....

BPBLTKHForelgn
Domeetic, oomiDon

too m.

Pepper, Batavla.
do
Hlnaapor*
do
whft*
Uassla, China LIgnes
do
Batavla
OIngrr, African
do Ualcutta

a

old.

tnxa

.ear.

4»7xa

ta

17 00

too

a
a
a
a

•I

S

<M>

in a
«
....
.... a

8 99

too

sold

ft,

,

,

Cloves
do stems

',.

",'.]'/,*,',

.'.,.,!!!!!

Brandy, forelffn brands

•
a
a

90
36

a

43X

•

•

>

a

4i'9

38a

i*lg, American,

No.
Plg,American,ho,3
Pie, American, Forge
Pig, scotch

a '8 00
^ n iw
a !6 00

ton, 1(90
1990

fi

14 50
21 >o

a

IS 90

3 S-ttia
9

5

Store Prtcee.
,.
„
J
...
_
Bar,
Swedes,
ordinary
sites. .V ton. ISO 00 ai33 50
.

*ilb.
Xx.N'o.22tnl&:)(xlS&!4 "

a

Bhi'ct, KuBSIa

2

gold,Vft
K'Xa
Sheet. single, doubled tr'^ble, com.
3Xa
KallH, American
2* ton, car. 82 00
a 36

a

43 CO

Ordlnaryforelen
V 100 Iba, gold
Domestic, f^cmraon..,.
cur.
Bar (discount, 10 p, c.)
'•
"
Sheet
California, h.,

common

"

a

10
ao

rough
Slaugbtercrop
Oak. rough
fexas.crop

21

20
35
33
35

33
27
33
3<

Nominal.
Nominal.

*'

"
"

a

33
35

4i
45

(t

SAVAl, STOBK&bbl, 2

"

"
Pitch, city
Spirits turpentine
V gal.
Kosln, strained to goodstrd.v bbl. 1
*•
low No. I to good t?o. 1 •*
1
" low No. 3 to good I'o 3 "
1
'•
low pale to extra p tie. "
3

87X9

3 90

....4
....a

200

3 30

a

37

37X^
-"
75 -

V

lb

400

a
a

30

Brazil
Filberts, Sicily ..,
Walnuts, Naples...,.

Pecan

142X

45
50
8 73

NUTS—
Almonds, Jordan shelled

3S

5X

9xa
8«a
4sa
Bxa

,

OAK UM—Navy,U.8. Navy & best « ft

14

.Vgal.
1
**
*•

**

I

**

10
5«
39
60
98

I

"
••

"ii

••

101

"

1

45

^0
9;
80
SO
94
45
»i
OS
32

CAKS—

City, thin oblong, bags, gold, V ton.
Western, thin oblong (Oom.)ci2r **

a

81 oe

..

a

8C90

...

a

«

,.

PETKOLBrM—
a **cal,

Crude, In bulk
Cases

ISVA

"

KeSned
Naphtha. City, bbU

"

PKUViaiuNt)—
Pork, mess, spot
Pork, extra prime
Pork, prime mess. West..

a

....«

14V
to%

do

•
It

»

....a

10

••
'•

A, standard

••

ofl'A

••

"

WhlteeitraC
FitraC

••

Other Yellow.'.'.. ,"..".".".'.'.'.".'.'J"J
Molasses sugars

6xa

'•

••

.

Lard, Cltyateam,

7Va

8

a

31 00
»-4n

I1X»

I'V

3U ii

7'83Xa

7 15

BICK—
Carolina, falrto prime...
Lonlslana, fair to prime

"

V UK

bond

Turk's [sland
.,..,
8t. Martin
LI varoool Aahton's &ne.

(X«
•va

..a ft.

Patna, uuty paid.,,

"
it
it

..«aMk
ft.

...

a
«

1^ a

...,,

Flaxseed, Amertoan, rough. ».
'•-•
Unseed, Calcntta...
.asJft. gold.
liueed BsmlMX,, .vuft aoid.

28
38
90

|>

Banca

*Q

••••
...•
.•>.

s«
8X
8X
7X
]!<

». « 15-ita

goId.Vft

...

«
•

wxa
....a
Vbzgd. 5 80 a
••

Straits

English, refined
Plates, I.e., coke
Plates.cbar.terne

'•

**

5 15

a

It

a

Uyson, Common to fair
cnr. 92
do Superior to fine
.,.,
do Extra fine tn finest
do Choicest....,
Yonng Hyson, Com, to fair
do
Super. lu fine
do Bx.flneto llneat
do
Choicest
Qnnpowder, (jom to fair
Snp.toAne
do
do Ex.flne to flneet
do Choicest

Com. to fair
SuD.to fine
uo
Rxtraflnetoflnest
do
Hyson Bkin.A T wan., com. to fair.
do
Sup. to fine
do
do
do
isx flnetodneat
.,,
Uncolored Japan .Com. to tair
do
8np*rtotlne
Bx.finetoQnest
do
Imperial,

Oolong, Common to
do Superior to

latr,««,,
fine

do Kx flneto finest
do Choicest
Sonc.aCong..Com. to fair
Bnp'rto fine
do
Rt. flneto flneat
do
(Choicest
do

TOBACCO-

lugs, heavr
aft
Kentncky
*'
**
leaf,
com, to fine.
Seed leaf— New Eng.wrapperslt.'TI
fillers,
•7t-*n
do

Pa. assorted Iota.

"76-

T?

1

13

1

<t

a
a

American XX
American, Not. 1 a
Amerlcan,(^mblng

Vft

3

Extra, Pulled
No. 1, Pulled
California, Spring CUP—
Superior, onwaabed

_.

Bnrry
Bjnth Am. Merino, on

Cape Good Hope.nnw
Texas, fine. Eastern
Texas, medlnm. Kaetera
..(OM.

Bmyrna.uDwaehed

^

KKKIOHTS-

7va

.«boeb. lit

forelgu...

_

•2

BHSU8Timothy
Canary, Smyrna.

t)}^

3

TIN—

Fair
Inlenor.

ft

V bneli.

Clover, Western
•.,.., ....V
Clover, New York Bute..

7X

'i%

a

'*

.»»

«v
7
7 8-I«
7!l-l«

7

'.1

Hams, smoked

....

'iVit

*x«
•xa
*wa
•y<
* a
8X«
8X4
7xa
7X9
tX4

••

Yara, and Ilcnta, assorted
S a 10S7X Havana,
com. to fine
• ....
Manufac'd.ln bond, black work
"
a ....
bright work
10 0) a
00
U 39 a so
WOOL—
11

Beef
Bacon, West, long clear

Canary, Sicily..,,,
Canary, Dutch

••

•V

...a

1

**

haiiis. Western

In

••

crushed

It
14

....a
....a

IX «

'•

n

loxa

bbl. 10

Beef, p'aln mess
Beef, extra mess

Rangoon,

**

...,

...

I

lux
iix

txa
7xa
7X9
'xe

"
"
"

Bard,powdered
do granulate!
do cut loaf
Cofl'ee,

•xa

,

lox

OILS—
Cotton seed, crude
Olive, in casks ft gall
Linseed, casks and bbia
Menhaden, crude Sound
Neatsloot, No. to extra
Whale, bleached winter
Whale, crude Northern
Sperm, crude
Bpcrm, bleached winter
Lard oil, Nos, 1 and 3

,

Nos l"®ia
Nos 9®1I

xa
• a

a

"

Porto Itlco. refln fair to prime
Boxes, caved, Nos. I0ai3
Ce itrlfugal, Nos. 7013
Melado
ManllA, sup.ani ex. snp
Batavla.

14H«

....a
....a

••
••

Prtmecity

*'

••

ft.
••

Prime

3U

"

windowglass

common rellnlng„,.a

DO
00

ati

store Pricet,

..a

refining

3
4

TALLOW-

gal,

»

Inferlor to

F Ir
Good

i2';/fn«rf— Hard,

21

a

snGAR-

Brazil.

63S

21

a
a
a

American cast. Tool
American cast spring
American machinery
American bermar spring

6 40

a

**

Tar, Washington
Tar, Wilmington

8TKKL—

3

19H3

MOLASSES—
T

4
(iO

6

1

Cuba, Mu8.,refln.gr*ds,50te8t.
do
do grocery grai'cs.
Barbadoes
Demerara
Porto Rico
N. O.. com. to prime
...

UK

5

m. &
m. &1

Cuba, clayed

Mil

44 00

6 3;X9
3 SO

tilde, h.,

••

V.,".,

English, ca8t,3dAlstquality Vftgold
English, sprlng,2d ft Istquallty,, "
English blister, 3d& Istquallty, .
"
English machinery
English German, 3d As 1st quality "
American blister
cnr,

..e

IKO»--

'*

•

dellv.lnN.

(Cal.)

79
1 00
8 90

•*

» gall
" •'"?."•

Whlskev
Brandy

••

,,
""

DometUc Uguort—

.a

,

Hoop,

••

Alcohol

Para, fine
Para, coarse
Esmeralda, prebsed, strip
Ouayaqnil, p eased, strip
Panama stn p
Carthagena, Dressed
Nlcari>gua, wheet
Ntcarag UH scrap
Honduras, sheet
Mexican, sheet

(all.
••

Gin
Whiskey, Bcot'^h
do
Irish

INDIA KCBBEB-

Scroll

a

Croix, 3d proof

St.
;.;....

Uemp,

H a

BILK-

Rum— Jam. ,4th proof

prime

Old

niL

m a

8PIRITB-

Yorks, com. to med..,,

do
Kastern
Wisconsin

'•

t
a

Mace
Nutmegs, BataijaaadPenanit.'.'.',','.'
Pimento, Jamaica

£. i.ntock—Cik\. klpe.slanght. gold

Calcuttaklps.deadgreen...

?»
,per lOOIb.gold

SPICKS—

Mxa
>I •

"

do.,.,
do.,.,

Texas,

,

...;...,"

^

4X

a
7 a

4U4rtere,
Peaches, pared, oa.,K°d loch'ee'V
nnparei. halves and ar»...
_, Oo^
•laekbtrrlej (cop 1878)
.T...

do

H^'i^Airi °"*"» <"»»

15 00

8xa
a
7xa

- .no,
JJll«,layer

Mpberrlcs

so

-

M Ait

4

o 23 OU
a X 00
—
It 00

13

.Date*

State, sllcca

a

....a

,

30
18

••

Valencia
Cnrrants
Citron
Prunes, Turkish (new).
do
French

do
do

6
4 25

1

'KUIT-

6«rdlne»,
tudliie*,

66"'
4
IS 00
63
68

87xa

er'd Bk.* Oeorge's (new) eod.V qtl.
's
Mackerel, No. 1,M. shore
pr.bbl, 14 00
Mackerel, No. 1, Bay,. :
Mackerel, No.3 Mass.staore
» no
ackerel, No.3, Bay
13 50

Halalss.Saeaiess

31

31

Oil vitriol (66 Brimstone)...

Oplnm, Turkey

a
-

'»

cnr,

Cabebs, Bast India
Catch

gambler

23Ma

*•

Chlorate potash

California,
Uatainoraa.

16X

a

9X

/M-v-BuenosAyres,aelected.Vftfeid 3| a
Montevideo,
•
do....
aix»
'
Corrlentes,
do.,
30 a
Klo Grande,
"
do....
19 a
Orinoco,
••
do,,,,
i9)<a

(It

n

....

UIOKB-

Hi
LEATHEB16
Uemlock, Buen, A'res, h.,m.S: l.Vft.
n«

isx«

gold.
gold
gold.
gold.

Bolta

•V*
9
«xa

Sl:^!^-,v,\v;";:;:;;;:-::-'»

Ka lined, pare
Crude
Nitrate aoda
Taatloea, No. J

...,

am on

....

LBAD-

16X«

OPPKK-

do
do
do

New

m

aiM

a

foM,]oo')o

Steel rails. American

kold.
Kold.
KOld.
gold.
Kuld.
gold.
gold,

Savanllla
Costa lilca

'

m

ord.ear.80and9CdayB.gld.Vft

do
do fair,
do
do good,
do prime, do
Jaya. mats
Native Ueylon
Mexican
Jamaica
Maracalbo
Laguayra
St. Ltomingo

to

.a ton, iTCM

•Into

2«

9
e
10

(3

ft

Yearlings...,

Tab«.go<>t* to choice State.
Weat a crt^atnt ry K*d to cb
Wftiah,titate.g'd to choice
Weatern dairy, (air to pr

U.

lOU

Koaala, clean

Ncw

7KC

OTTKR-(Whole»ale PrlcefJ—

Fei.n.
Sciied.

Amerlcan dreaaed,.,,
Amerlcau undreeaed.

16
49 00

A

S

ft

§41

00

I9U00

CQtftplkei.aUiiaea

L«ftd,wD., Aroer., nuro dry
Sine, wh., Amor, dry, No. I
Bloc. vh.,Amer.. Net, Inoll
Pari! white. Kr.k.,>old....ii lOO >.

« 7S

• » OU
• 38 00
• W
• -..
• ....
• tPUU
• 00
• m
« K 00

DU
<

Ajb.goud
Black walnut
ftprooe boarUB A planks, each
Hamlockboardi.each
14
Maple
WM.rt. 280U
#aiit— lOatUil.crin.ren.* ab.V keg ...
CUnob,i>< to Sin.alonger
4 35
Mdna...

nUnU— Ld.,wh.&n..pure. Inoll V

IK

•

3 ro

aa 00
33 00
7S 00

It.

a

UKMP ANU JUI'Kluilaa

bbl.
bbl.

M It.

V

ex.drj

/,iiiii««r-l'iDe.ll'il to

V

ALTPrriw-

HAY-

«M«

U

jHflJto-Uommaa liud,tao»t..V

209

OUNHIBS,— Bee report onder Cotton

RHIB-

* B.
liBADaTUPFS— Seaipsolalrsvort.
UlLUINO UATKIUALHrot.llriticrt

CrotoD
rhlUddlpbla
(lMMn(-l<'»«t»Ule
Zfmj— ItockUud coiumon
Rock l«nd.tIuliniDii

.

,

THE CHRONICLR

1878.]

34,

.

.

1 45

1I7X
3

5>;

}

75

1
1

47"

W

ToLivbbvool:

Corx)n
Flour

•-•kk."
a bbl.

Heavy goods, .a ton.
Corn.bnk a bga. a hn.
Wheat, b&U4kbagB..
StOB.
Beef

I

90

a

17X
..„

un
9 so
1 00

:

;'

t;z';-^

OHRONICLE

THl^.

210

[Vol.

XXV IL

Insurance.

THE GKEAT

&

Russell

Co.,

COMMISSION MKKCHANTS
AGENTS,
J.

MURRAY

F0KBK9,J

» ClKTBAi STEKST.

S.

W. POMfcKOi
106

\

WATEE

JB.,
ST., K

1

Hong Kong & Shangha
Banking Corporation,
Head
8.

Hong Kong.

Office,

W.POMEKOY

Jb.. 105

Watek

S. Y.

Charles E. Parker,
COMMISSION MERCHANT,

BOSTON.

14 Bzcbange Place,
PoBt Office Box

S,6S1.

&

Olyphant

Co.,

COMMISSION MERCHANTS,

KoDB Kone, Slianghal, Foocliow and
Canton, Clitna.
REPRESENTED BY

OL¥PHANT &

CO., of Cblna,

104 Wall

St.,

New

&

John Dwight

Co.,

MA^'UFACT^JRERS OF

SODA.
New
Old Mlp,

ONLY

The Jobbing Trade

MASSACHUSETTS, RHODE ISLAND,

Capt. JESSB MOTT.
No. 29
Dally (except Sundays), from Pierstreet.)
North River (foot ot Warren intermeNo
A.M.
7
at
Boston
PasBCnKers arrive
between New York and Provilence.
Capt,

RAY ALLEN.

1 T*
r. in
«*•
5

Sags

THE

FOE ALL

From
f» TH
-l**« Tjjy

Pier No. 33 North Blver (tost of

girect )
EITHER LlNE secured
state-rooms and tickets
Westcotf- Express
at 3§ Broadway and at all offices of
all hnt-l tlcket-ot&ces.
sold
at
tickets
Also
Company

FOR

Frejut, .io either »-^,'_.""jf/J «gf.%'Sent.
Agent.
L. W. FILKENS. General Passenger

&

The GeEcral Trans-Atlantic Company'.Mail Steamships,

NBW YORK AND HAVRE.
Calllnr at Plymouth for the landlnir of Passengers.
The splendiajcssels on this favorite route, for the
Contlneil(>-cooIns provided with electric hells—will
North River, foot of Morton St..
sail from Pier No.

second cabin, | 5; tiilri
steerage, $26— Including wine, bedding and

To Havre— First cabin,
;

$100;

ntensus.

.

.,

^.

,

To Plymouth, London or any railway station In
England— First cabin, $90 to $100, accor'.llng to accomsteer

cabin.
; third cabin, $35 ,
; second
age, $27, including everything as above.
'Return tickets at very reduced rates, available
$i;5

ihrough England and France. Steamers marked thus
("i do not larry oteerrtge passengers.
For passage and freight apply to

Co.,

LOUIS DEBEBIAN,

COTTONSAILDUCK

Atlas Mail Line.

.

I

.'.

Widths and Colors always

noane

N«. lo»

In stock.

ALPS

August 31

buperior

Street.

off
2,040,362 61
44

No Policies have been issued upon Life
-with

'•

upon Fire disconnected

Risks, Bor

Marine Risks.

marked

off from Ist JanuDecember, 1877....
Losses paid duiing the

Pri miunas

same period

$4,902,331 06

$2,565,890 27

Returns of Premiums and
Expenses... $947,923 86

The Company has

the following Assets, viz.:

United States and State of

New York

Bank and

other stocks. $10,565,958 06
Loans, secured by Stocks and olherStock, City,

wise
Real Estate and claims due the Company, estimated at
Premium Notes and Bills Receivable.

1,168,2()0 00

AILSA

September

14

56

Wall

'i

1,;64,.S93 63

255,36)02

Total amount of Assets

$14,366,351 66

the ontstandlng

|

certificates will

7th of

STEEL AND CUAKCOAL
IKON of superior quality
suitable for MINING AND
HOISTING PURPOSES, n-

baggaue and valise
ooms, where all parcels can
eievator: caie

Dividend of Forty per Oent.

is

ttl\

dared on the net earned premiums of the Company
for the year ending 31st December, 16'7, foi which

R ope.

ol -r.

certificates of the Issue of 1874

be redeemed and paid to the holders thereof,
or their legal representatives, on and after Tuesday, 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 premiums, the payment of interest and redempUon
will be in gold.
will

treet.

lli§cellancous.

HOTEL,.

May

be issued on and after Tuesday,

the

next.

By order
J.

of the Board,

H.

CHAPMAN,

'

Secretary,

i

I
'

'be best;
depots.

t:»Ta, st.g.:

TV. U,

.

-ind r- staui-ant ^unpIle^ with
-'Ud clevatf'd rsllroa 1 to all

cllned Planea, TransmlsaioD

GARRISON, Manager.

,of

Fow^er. &c.

Jvan'zecl Charcoal

George A. Clark

&

Also Uaj
and BBior

IShlps' Klgging, Suspension
F Bridges, Derrick Guya.Ferrj
Kopes, &c.
large stocK

Bro.,

A

constantly on band from
which any desired length
are cut. FX,AT STEEL AND
IKON KOPES for Mining

purposes manufactured to
order.

JOHN W. IHASON & CO.,
43 Broadurar« New ITorlc'
miliW^ARO'S IIEi.IX NFRDLES.
400 BROADWAY, NEW YORK.

AGENTS FOR

HTMbiniTtoii milK, Clilcopee Mfg Co.,

^ YORK,
HK*
BOSTON,
A M White S ^rset.
16 Cbadhost St.
^
PHILADKLPHLA,
From

J, It,

DATTON,

Various MlUe.

SBO

CUEbrNVTSTUBT.

TRVSTEESi
S. D. Jones,

Charles Denaie,

W. H. H. Moore,

Lewis CurtU,
James Low,
Gordon W. Bnnihtm.1
William Sturgis,
William E. Dodge,
Thomas F. Youngs,
John D. Hewlett,

Charles H. Russell,

David Lane,
Daniel S. Miller,
Josiah O. Low,
Royal Phelpp,
C. A. Hand,
William H. Webb,
Francis Skiddy,

Adolpb Lcmoyne,
Charles H. Marshall,

E.R.Mudge,Sawyer&Co
Rnrllnston Woolen Co.,
lUlerton New ITIlllx,
Atlantic Co'ton Mill*,
Saratoga VlctorT«inrg Co.,
AKO
Hosiery. Slilrtx and Dravrers

1

617,436 01

CashinBank

A

bankers. Brokers, MercbaMs
nd the traveling public will
Ind attached to tnis Hotel,
:(intalnlngS50 elegant rooms
telegraphic indicator, wilil
left f'ce;

1

passenger a(:coiiiumO"» n.
PiM, FORWOOD * CO Agents,

flrsi-clast-

No.

H Grand Union

'•

marked

Total amount of Marine Premiums. $6,761,028

The outstanding

•

all

Policies not

be paid to the holders
on and after
Tuesday, the 5th of February next.

'

rsH BQPply

I

thereof, or their legal representatives,

BI-MONTHLY SERVICE TO JAMAICA. HATT!
COTTOS CANVAS. FELTIKQ DUCK, CAR COVKR
COLOMBIAand ASPINWALL. and to PANAMA and
IBG, BAGGING. KAVKNSDnCK, SAIL TWINKS
SOUTH
PACIFIC PORTS (:vla Aspinwall.)
AC. " ONTARIO SEAMLESS BAGS,
Fiist-class, f ull-powei ed. Iron screw steamers, from
Pier NCil. North River.
AWNJSG BTKIPES.'
ForKlnirston (Jam.) and Haytl.
AlBO, AKents
.Vepteraber 19
ATLAS
August i9 ETNA..
For Hayti, Colombia, Isthmus of Panama and Soutli
United States Banting Company.
Pacific Portf* (-J- ^Hoinwiii

A

|

certiflcaies of profits will

kind! of

all

i

$4,710,685 8!

Six per cent. Interest on

Agent, S6 Broad^vay.

1878.

on the 31st December, 1877
Premiums received on Marine Risks
from Ist Jannary, 1877, to 31st De-

ary, 1877, to 3lBt

BETWEEN

Uamifacturers and Dealera lo

And

York, Jannary 33,

affairs

Premiums on

LAURENT, Lachesnez Wed.. Sept 11, 4:30 P. M.
PRICE OF PASSAGB; in gold (Including wine;;

Turner

Nbw

Trustees, in coHf ormity to the Charter of the
Company, Bnbmit the following Statement of Ita

cember, 1877

O N L, V
Direct Line to France.

cabin, $35

Co.

The

IstJanuary, 1877

modation

Brinckerhoff,

Insurance

OIiD BEIilABIiE

LINE,
STOIVINGTON
POINTS EAST.

•ST.

York.

Mutual

m

«

Supplied.

ATLANTIC

MILES OF KAIL.

AuJUSt J8. 5 P. M.
•ViLLE DE PAWS. ?antelll .Wed.,
•» c I., S. Dt.4. 1!;3 A. M.
LABRAI'OK, aUKller...

OF

1 1

42

The Favorite Palace Steamers:

York.

Sl'PE K -CARBOBf ATE

No.

VIA PHOVIDBNCE DIRECT.
A FULL KIGHT'S KEStTTnLY

1^

^

OFFICE OF THE

TO BOSTON,

diate

St..

Line

Providence

AND SHIP
Amoy, Foockow,
Bone Kone, Canton,
ShansUal and Hankow, China.

Robert L. Stuart,
Frederick Chaoncey,
Horace Gray,

James G. DcForest,

John

William Bryce,
Peter V. King,
Horace K. Thurber.

Elliott,

William H. Fogg,
ISsi,

F.S.WINSTON.PRESIDENT

,

"ES EVERY APPKOVEDDESCRIPTIOH

of

LIFE AND ENDOWMENT POLICIES

OIIT£RMS AS FAVORABLEAS THOSE OFANY OTHER CO.

^ASH^SETSMfiSaO.OOO.OOO.

Charles P. Bnrdctt,

Alexander V. Blaka,
Robert B. Minium,
George W. Lane,

Tkomas B, Coddington,
S.

D.

JONES,

Charles D. Levcrlch,

Edmund W.

Corlies,

President.
Vice-President.

CHARLES DENNIS,

W. H. H. MOORE, 2d Vice-ft-i-sideat,
A. A, RAVEN, 3d Vice-Prealdont.

\

—
AOOUBT

THE CHRONICLE.

24. 1878.J

Cotton.

COTTON
SEED TO LOOM.
FROM

S

1

"r

8

AKU
GENfiRAL CaMMISSION MERCHANXa

COTTON EXCHANQE BCILDINB,

.

NKW YORK.
Special attention paid to

The oontenU of

book are

as follows:

31 AX*

OF

this

dellTorr o( cotlos.

IINOXA.

CHAPTER
— Showing

I.

EX?HANOB PLACS, NSW TORS.
Bocaaa

CHAPTER

III.

—
—

wood-cuts and full Statistics of the Trade, &c., &c.

IV.

—
—

—

CHAPTER

—

V.

—

Planting— Cultiratioo from January to June How Land Prepared and Seed Planted
Old Lands being Reclaimed Early Growth of Plant Chopping Oat Securing
a Stand Cotton Plant very tender in Early Life aud tough afterwards Its Early
Enemies and Diseases Crab Grass Wet May and June Rainfall, Thermometer,
Crrokici.b Weather Reports and Agricultural Bureau Reports, from January to
June, for 1870 to 1877 Very impoitant deductions from the weather data, &c., &c.

—
—

31 Brown** BnlldluKO,

lilTERPOOL,
(oltclt

conslgnmenu

—

—

—
—

—

CHAPTER

its

it

its

S JN.

M

Baronne

for past Seasons, &c., &c.

CHAPTER

ordrra (or tt V

Fork, and

Street.

Mewn.

InformatlOD

D. A.

Co., Jl

eiVKB *

New Orleau.

C. Johnson

J.

at)

WATTS *

&

Co.,

WBTIPHf*, TEIS.

W. Lamkin &

D.

Co.,

VICKSBURG, miss.
Ordera to Pnrchaee Cotton In oar market-solicited.
Refer to Ucssrs. THOMAS J. SLAUGHTER, Hew
York.

McAlister

&

Wheless,

COTTON
OOiniqr

188 ION

MEROHANTS

NASUVIIX.B, TENHR88EB.

VII.
Market— When and why
Movement to the Ports of Each
Delays and for Haste Tables Showing

Crop—The Influences
Marketed Early — An Analysis of

affecting

the

—

Spnclal attention given to Spluiien' ordert.
•pocrtnnce aollci'ert.

Corro

Kft'KREi^OBS,— Third ftnd Konrto National Baak
aid Proorl >ror. of Tnn CRRONIOLK

to 1877, and the Reasons lor
at Several Points in Each State the Date of the Receipt of First Bales, Arrivals
New Cotton to September 1, &c., &c.— Also, Height of Rivers for a Series of
Years. All these facts ate so arranged as to enable the reader to form a correct
opinion of the future. This chapter closes with the daily receipts and percentages
of past receipts for a series of years, &c., &c.

CHAPTER

ano!

OOTTON BUYERS FOR MAJICFACTURBR*

eacli

a Crop will be
Crop from 1870

New

stjneatreet.

VI.

— Formation of the Bud, Shape, &c. —The Blossom, how
changes
Color and Shuts and Falls — Formation of Boll— Habits of Blossom and
Plant in Relation to Sun — Definition of Bottom Crop, Middle Crop and Top Crop
Cotton Enemies in Summer, Lice, Rust, Shedding, Boll-Worms, Caterpillars, &c.
Number Bolls to Make a Pound, &c. —Rainfall, Thermometer, CnRONictE Weather
Reports and Agricultural Bureau Reports, from July to December, for 1870 to 1877
—Tables showing Date of Frost and End of Picking Season at a number of points
In
Southern State for Seven Years Past — Important deductions from this

(tanbering and Marketing of

COTTON

Ootton Factor*,

Growth

Review and Analysis of Weather

of

onrchase or uUe of (ntare itilpmenu or dellverHS.

aSarded bj our frtenUa, Meurt. D.

Acreage in the United States Yield and Acreage by States since 1869 PosBibilities of
Crops wiih Acreage given Growth in Acreage illustrated and proved Percentage
of Production and Acreage in Each State, &c., &c.
,

—

OE JER»EY dc CO^
W. C. Watts & Co.,

\dTances made on consl^meD*^, and

CHAPTER

—

a

maBebenter and Liverpool.

—

Goods from Earliest Dates Interesting Review of the India
Kxport Trade in Goods from before the Christian Era to the Present "lime, &c.
The Monsoons and tbeir effect upon and relation to the Cotton Crop Also, the
past Production of Cotton in India and the present supply, with a detailed
description of each Cotton District from which the present supply comes Several

Miiicellancoiig.

VIII.

Mces

of Spots and Futures, for a Long Series of Years, at
Cotton Movement at New York, &c., &c.

CHAPTER
Omsumption

Co

OOrnniBSION KIERCHANTS,

II.

India production of Cotton

Fall

madeonooa-

Knoop, Hanemann &
t3

History of C-utton in the United States from the date of its earliest production,
tracing the progress from year to year, with the inventions which gave the
impulse to that progress; also a table of receipts and exports at each out-port oi
the United States from the earliest records down to 1877, &c., &c.

Bammer and

Liberal adrascea

the Object and Scope of the Book.

CHAPTER

I

trCtn

eiecntloa of

oontracta for fatar*

•Igninenu.

We

Introductory

lia

tor the parcbaae or aale of

bavH prepared a large Map of India, showing, among other things, all of the
The map Is made up from original sources and will,
ootton districts of that couniry.
we think, be found very useful.

I

Co.,

Cotton Factors

I

I

&

Ware, Murphy

New York

and Liverpool-

JOSEPH GILLOTT'S

steel pens.

IX.

Europe and the United States— Some Thonirhts on this
Subject which may be Suggestive— Also, full Tables and Statistics Showing Past
of Cotton in

SeUly an dtalert

thrtrnghmt

Ou WorU.

Consumption, &c., &c.

This is a very brief summary of the contents of this book. It is a
octavo volume of over three hundred pages, containing everthing the
trade needs for reference, and drawing conclusions from the experience of
the past, which ought to make crop estimates in the future less difficult
and uncertaui.
faurge

}
ji

Price,

------

Wiil ie mailed to

Wm.

B.

Dana

&

HENRT IIERBEBT,

Three Dollars*

any address post-paid on

Co., 79

&

receipt of price,

81 William

$ Anstio Friars, Old

Broad

St.,

St.,

N. Y.

L«ndon,

Smith's Umbrellas.
OINGHAM, anydzo

QPAWAOO

.

SI

OO

2 00
2 60

patented

SILK, paragon frame

Flue Silk TTnibrcllaa In great variety.
L'mbrellaa and I>ara«oIa to

38
150
104
118S
4U5

Folton
FnltoD

order

A repaint

Street, near Pearl Street.
Street, near Broadwiy.

Broadway, near Pine atreet.
Broadnay, rear tSth itreet.
Broadway, ncnr Canal (tce«t.

EstablishedA.D1802

.

;

THE CHRONICLE

^VI

Cotton.

Cotton.

Woodward &
SEAMKK'S BANK
Nos. T4

NEW

Stillman,
BCTILDI^IO,

WaU

76

tc

[Vol. XXVII.

Pirn, Forwood& Co.,
GENERAL COMMISSION MERCHANTS,
BOX 613,

P.O.

Street,

New

YORK.

GENERAL COMMISSION MERCHANTS

BOX 4964,

P. O.

New

Orleans, La.

made on

Sc

FOR'WOOD,

England, China, India and Singapore.

Special attention paid to tbe execution of orders tor

UNDERWRITERS IN NEW ORLEANS

ftt purchase or sale of contracts for future delivery

for the

&

Britlsb

of cotton.

&

Henry Hentz

Foreign

Co.,

&

176 Pearl

St.,

&

Bennet

GENERAL

ronmissioN mEscxiANTs,
174

ITIarlne Insurance
Llirerpool.

Company of

New

¥ork.

Foulke,

mERCHANTS,

Bleean. JAUIKS

FINLAT

LIVKRPOOL, LONDON

CO.,

4c

Delivery.

H. W.

&

H.

J.

& Co.r

R. Smith

J.

COTTON

NEW

York.

Street, Boston.
advances made on consignments. Prompt

J.

niARTIN, President.

WASHBURN,

H.

British

Company

AND

P.

O Boi

New

3,909.

sale

OtJ^CONtRACTS rOK FUTURE DELIVERY " OF
COTTON.

E.

S.

&

Jemison

(Successors to

MOODY

ft

Co.,

JEMISON),

BANKERS, COTTON FACTORS
AND
GENERAL COMMISSION MERCHANTS,
No. 123 Pearl Street, New York.
Future Con•fi^*"^",'
IS"'*.. °° Conslgnraents
gactsfor
Cotton
bought and sold on Commission, In
New Yorlt and Liverpool.

James F. Wenman & Co.,
(In

Tontine Building)

RICHARDS)

Macaulay
22

g

&

Commission

In

'

Co.,

New York.

S3

L.

COTTON BROKER.
«t«

PEARL 8TBBBT, NKW TOBK

St.,

Liverpool

London

BLAGDEN,

New

York.

&

& Globe

I^isurance Company,

45 William St
X E. PULSFORD,
Resident Manaobb.

L^ont'inercidl

F. Berje,

NEW

ORI.EANS.

I,

Union

A.

Insurance.

Insurance

ALFRED

Unpaid

...

NET bUR-LUb, ....

Sr
i!9i

ta

1741278 42

loeses, etc

4i!),'lJ4

.,

No. a Cortlandt
JAS. A.

t? lit

1, 1877.

84-

5,170,388 24

......

,pT;iii,-5iil[i

St.,

New York

ALEXANDER,

Agent.

PELL,
Resident Manager,

Company

OF HARTFORD.
Total Asaete, January

Ins. Go.

(OF LONDON),

^TNA
itc-inpurancefund.

Geo. Copeland,

54 wrUliam

BROKEKS,
BEAVER STREET, NEW YORK.

York.

&

P.

COTTON BUYER AND COMMISSION MERCHANT

COTTON FACTORS * COMMISSION MERCHANTS
Street,

Office

Liverpool.

GENERAL COMMISSION MERCHANTS
14a Pearl Street, New York.

COMMISSION AND COTTON MERCHANTS,

Sawyer, Wallace

CHITTENDEN.

MANAGER?,

COTTON FACTORS

.

*' Broad

New York and

Co.)

EZHA WHITE, Esq.
JOHN J. ASTOU, Esq.

BLOSS & INCHES,

TamterT

New

S. B.

(B. D. Morgan A
Esq. (David Dews & Co.)
Esq. (Dresel, Morgan & Co.)

CHAS. E. WHITE, SAM.

WILLIAM STREET, NEW YORK.

Edward H Skinker & Co.
street.

HoK.

FABBRI,

COiairman,

Future Contracts for Cotton bought and sold on

NOURSK & BROOKS)

CIBNERAL COTTON nERCHANTS
97 PEARL STREET, NEW YORK.
^^
Futare orders prompUjr executed.

ST Pearl

E. P.

WALTER & KROHN,
& Co7~
MERCHANTS
COTTON

OWera In Futures executed at N. Y. Cotton Kxetaann

(Successers to

DAVID DOWS,

Co.,

cominissioN iverchants,

COTTON BUYERS A COMMISSION
60 Stone Street, New York.

Waldron

&

TORE:

SOLON HUMPHREYS,

AXD

Shipping and CommUsIon mercliant
1*0. 3» BROAD STREET. NEW YORK.

H. Tileston

NEW

York Houses.

1841.

E. O. Richards"
(Successor to A. L.

United States Board of Management,

Entire attention given to purchase of COTTO on
ORDER for SPINNERS and EXPORTERS.
COBBSSPONDXNCS BoLICITKD.
References :— National Bank of Augusta, Georgia
Henry Hentz & Co., Commission Merchants, New
York; William B. Danaft Co., Proprietors Cohiiib
oiAi, AKD FiHANOiAL C^BOHiOLs, and Other New

COTTON BROKERS,
No. 146 Pearl Street, near Trail, N. Y.
Estab lished

LONDON AND EDINBI;RGH.

AVGVSTA, GEORGIA.

York.

Advances made on Consl^ments.
and

Felix Alexander,
COTTON BROKER,

133 Pearl Street,
Special personal attention to the purchase

or

Wm.

FflVANCIAL AGENTS,

Secretary.

and Mercantile Insurance

Liberal
Eersonal attention paid to the execution of orders for
le purchase or sale of contracts for future delivery."

MERCHANTS,

58

YORK,

44 Broad

Farley,

111,288

16,180,878 16

North

Co., GoinmissiON merchants,
125 PEARL STREET,

>24S11>;»
•"" ''
'

of FIVE Per Cent hat
been declared, payable on demand.

COTTON FACTORS,
COMMISSION

Hen on

A Dividend
CHAS.

B.

AITD

New

ASSETS.

first

Issued at this office

Special attention given to the execution of orders

COTTON BROKERS,
117 Pearl Street,

SUMMARY OF

CashlnBanks
Bonds and Mortgages, being

Premiums due and uncollected on Policies

New York.

for the purchase or sale of Contracts for Future

Rleura. FINI.AY, IIIUIR A CO.,
CALCUTTA AND BOMBAY.
•FUTOBK CONTRACTS FOB COTTON bought and
•old on commlBslon In New York and Liverpool.

&

SHOWING THK

Total

AND GLASGOW.

Alao execute orders for Mercbanuise through

Dennis Perkins

Semi-Annnal Statement,

Fiftieth

Condition of tbe Company on the llr»«
day of July, 18T8.
CASH CAPITAL
$3,000,000 00
Reserve for Re-InsnraDce
1,79.5 699 Ko
Reserve for Unpaid Losses.. ..
206!l31 2»
NetSnrplus
1,179,042 88
TOT.^ L ASSETS
.$6 ,"T80,"87sT6

Heal estate

Advances ma<le on ConBlgnm^iits to

131 Pearl Street,

'

BROADWAY.

135

real estate (worth W.SIS.OOO)
2 024.563 00
United States stocks (market value)
s'csofa on
Bank Stocks (market value)
190S42™
State and Municipal Bonds (marker value)
199' a* 00
Loans on Stocks payable on demand
(market value of Securities, 1334,587 SO)
243.M5 4:
Interest due on ist of July, 1S78
62,303 61
Balance In hands of Agents
!44,0!!8;4

GENERAL

GOiniTIISSION

NEW YORK,

OF

OFFICE, No.

LIVEPJOOL.

Gonslgnmentfl,

Insurance Company

York.

Also, execute orders for Merchandise In

Liberal advances

HOME

Execute orders for Future Contracts In New York
and Liverpool, and make advances on Cotton and
other produce consigned to

LEECH, HARRISON

LOANS MADE ON ACCEPTABIiE
SEGURrrr.

In§urance.

&

39 Wall Street
R. M. Waters & Co.,

64 BROAD ST., NEVT YORK.
ADVANCES made on warehonee receipts and
cotton.
BCY AND SELL
cotton eontracle and liat-

conHKnmenIs of

claas iav«8tiBeDt secorltlea