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

VOL.

NEW

83.

YORK, AUGUST

&

Oilman, Son

&

I.

PHELPS.

N.

JAMKH STDKKS,
ANSON PHKI-PS STOKES,
F. P.

Co.,
62

niVirVDH
JSAilJiJSItBj

45

4T Trail

dc

I

New York,

Street,

u

s s

CIRCULAR NOTES,

COaiMERClAL. CREDITS.
LONDON CORRESPONDENTS:
The UuloQ Bunk of

CJ

lioudon. Measrs.
& Soo.

Anversoise,

Capital,

-

-

9,000,000 Francs.

C.

As. FRANK (Kntnk. Model A, Cie.)
Aug. Nottebohm (Nottebohm Frerea).
Fb. Duam.s (.Michiels Loos).
JOH. Dan. Fl'hkhan.v. Jr. (Job.Daa. rohrmann.)
Louis WEBEBiEd. Weber & i ie.)
(C.

Sclunld

TRANSACTS

&

p.

Pottzb. Prest.

J. i.

Member of
SCHMIDT,
Member of

M. RUTTKU,

W.

&

Rutter

$400,000
400,000

SCRPLCS,

Accounts of Banks and Bankers solicited.
Collections mane upon favorable terms.
Strictly first-class Investment Securttiea Nego-

LivuLir HAiKia

&

Co.,

Bankers and BroKera^
140

SOUTH THIRD STREET,

0g iDTestmeat

Securities.

Aug. T. Post, Banker,
33

NASSAU STREET,

BDTS AND SELLS
State, City and County Secnritle§.
CORRESPONDENClS SOLICITBD.

Samuel M. Smith,.
40 WALL. STREET,

DEALER
Ottr

BallwaT

IN

Buy and

Sell

on Commission, for cash or on marNew York Stock

Interest allowed on dally balances.
Particular attention paid to orders by mall or telegraph.

John

Gu

&

George Stark

f.

Stark.

Bought and Sold on Commission.
Virginia Tax- HectivabU Covpont Bmig/U.

aooiauBjr skcvkities a spsvialit.
LOANS NEGOTIATED.
INTEREST Allowed on Deposits.
William Robison,

of the N. Y. Stock Exchange.

NASSAU STREET, NEW YORK.

No. 33
and

Investment Securities foi cash or on
commission. A specialty made of Western Farm
Mortgages bearing from 7 to 10 per cent Interest.
Win undertake the negotiation of loans upon
Western City property In large or small amounts
ii\iy

sell

Wsi. L. BKEE8E,
Wm. p. Smith,
Members of New York Stock Exchange.

&

Breese

BROKERS,
NEW

&

Ruckgaber,

BANKERS,
22 millaiK

Street,

New York.

CORRBSPONOEKTa OF THE
Int^natlonal Bank of Londeu

John Berenlx^rc, Uosaler
llamburg.

Commercial and Travelers' Credit*.
change.

H.

db Co.,

Bills of

or on margin.

Wierum,

aovBRNHBtrrs & ioreiqh bxchakgb.
Chas. K. Randall,

Member

Otto

C.

Wierum.

N. Y. Mtock Exchange.

Gzowski

&

Buchan,

(Members of Toronto Stock ExchanKe.)

BANKERS AND STOCK BROKEES,
Stocks, Bonds, etc., bought and sold for cash oroQ
Drafts on New *) urkand London and AmCol-

marfclD.

erican and Sterling ExchanKe bought and sold.
lection« made.
Correspondents—Bank of
York, New Vork; AlliaDC« Bank. London.

Buttrick

YORK.

See qaotktloiu of City Railroads la this paper

&

New

Elliman,

BANKERS AND BROKERS*
&

89 Wall

St,

New

York.

BONOS, STOCKS and INVESTMENT SECURITIES
BOUGHT AND SOLD ON COMMIdSIUN.
C. A. Buttrick, Member of the N. Y'. Stock Exch'ge
Wu. ELLIMAN. Member of the N.Y. Mining Exch'ge

E.

S.
1

BROADWAY,

NEW

&

50 EXCHANGE PLACE,
Brokers in Railroad Stocks and Bonds,

Ex-

Cable Transfers.

L. Grant,

No. 145

EXCHANGE COURT.

No, 3

Stocks. Bonds and all Investment Secarltlefl
boufcht and sold [strictly on commission] for caali

Nob. 87

(fjlmlted),

l,ondon.
Bleaara.

Robison,

Comer Toronto and King Btreets,
TORONTO, CANADA.

Smith,

No. 20 BROAD STREET,
YORK.
Government Bonds, Stocks and all Investment
Securities bought and sold on commission.

Schulz

&

BANKERS AND BROKERS,

Randall

Co.,

BANKERS,

CITT RAILROAD STOCKS A BONUS
BOUGHT AND SOLD.
and Baak

Securitiea,
Stodke. iDiarauce Scrip.

DEALERS IN
FIr«t*Claaa InveBtment Secnrltlea.
aOVKRNMBNT BONDS, STATE. CITY, COUNTY
BAILBOAO A MIHCELLANEIIUS KKOUKITIES

Members

Exchange.

PHILADE1.PIIIA.
Deposits recelred subject to check at sUht, and
Interest allowed on dalljr bulances.
Stocks, Bonds, Ac, bought aud sold un commission
In Philadelphia and other cities.
Particular attenttoa iciven to Information regard-

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

W. C. Floyd-Jones,

Walker,

gin, all Securities dealt In at the

tiated.

H. Taylor

WALKEB.

STREET,

York.

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

Eddy, Cwhler.

CAPITAIi,

N.

Y. Stock Exchange.

Qeokoe Stark.

BOSTOi\,

L.

N. Y. Stock Exchange.

Cie.)

Maverick National Bank,

laiwis n. Tatlok, Jr.

N. T. Stock Exchange.

A

GENERAL BANKING BUSINESS.
Asa

P.

Member of N.

BOARD OF DIRECTORS
TCLIZ OBI8AR. Prealdent.
_
LrHED MAiii-iNAY (Graff i Maqulnay). Vlce-Pre«
J. B. Vos DER DECKK(Von der Kecke X Hartlly).
(Kto GrNTHER (CorneiUe-David).
Khilk de guttal.

JULE3 KAUXKNSTBAUca

New

CORNELIUS W. OLLIFFE,

EDMUND

WALL

5

to.

SALE OF RAIIiROAD SECURITIES.

Co.,

STOCK BROKERS,
No.

OllifFe
Schmidt,
BROADWAY & No. 13 NEW ST.,
BROKERS FOR THE FVRCnASE AND

&

Lapsley, Field

Transact a general banking and brokerage business In Railway Shares and Bonds and Qoverament

No. 72

Antwe rp.
f aidUp

Special.

&

Banque
Centrale

LANEOUS 8BCURITIB8,
D. SETMorn Willabo
Howard LAPSLEr,
Ctrps W. Field,

No. 45 TTall Street

Interest allowed on deposits.
Inrestments carefully attended

AXD SILL

iJOVBKNMENT BONDS. STOCKS AND MISOKL.

securities.

Hanibro

Foote,
WALL STREET,

Members N. Y. Stock Exchange.
Jr.
Cykus w. field

Gwynne & Day,
FEstabUshed 1851.]

&

No. 13
Birr

tles.

i:

TBAVELBRS* CREDITS,

BANKERS,

Banking Business, bu^
Oovemment Bonds and Investment ; ecnrl-

sell

Hatch

Co.,

BANKERS.
CEDAR STREET.

In addition to a General

and

OLCOTT.

844.

Financial.

Financial.

Financial.

Phelps, Stokes

NO.

27. 1881.

Bailey,

PINE STRBBT.
Dealings la

Insurance
A

Stocks

8PECIAI<T¥.

Cash paid at onoe for the above Beenritles or
seller** optron.
they wiUbe sold on commti sloa,

M

:

'i%

THE (SHRUNK LE.

&

Drexel Morgan & Co., August Belmont
BANKERS,
WALL 8TBBKT,
J

COKNBR OF BROAD, NKW YOBK.

&

Lrexel
Kb.

84

Orexel, Harjes

C«.,

South Tbi«d

St..

31

&

Nos. 19

Co

P»riB.

DOMESTIC AND FOREIGN BANKERS.
Deposits received subject to Draft. Securities, Gold,
allowec
*c, bought and sold on Comralssiou. Interest Credits
on Depofiu. Foreign Kjchaiice. Commercla!
circular Letters lor Tra>Bler8.
teble Tnmsfeni.
aratlable In all parts of tbe world.

S.

NORUAN &

OLD BROAD

No. S2

ST.,

&

Brown Brothers
No. £9

^WALL

25

Co.,

ST., N. ¥.,

BUY AND SELL

BILLS OF KXCHABIGE
ON GREAT BRITAIN AND IRELAND, FRANCE.
GERMANY, BBiLGlUM AND nOLLAND.
Issne Corainercial and Trareiers' Credits
Jlf SIERUNO,
AVAILABLE IN ANY PART OF THE WORLD.

»

And

In Francs, in

A6BNTB FOK

BARING BROTHERS

& W. Seligman& Co.,

MORTON. ROSE & CO..
HOTTINGUER & CO.,
CREDIT LYONNAIS,
AMSTERDAMSCHE BANK.

Draw

Bills of

&

John Munroe
No.

,

52

ClBOVLAB NOTIS A»D CKXDtTS FOK TRATn.ZltS,

&

&

Stuart

Co.,
J.
33 NASSAU STREET.
BILLS OF EXCHANGE ON
BHITH, PAYNE & SISITH'S,
BANKERS, LONDON

;

HANCHESTER & COUNTY BANK,
"
LIMITED;"

MANCHESTER, PAYABLE

*

W LONDON

ULSTER BANKINO COMPANY,
AlTD

OH THB

&

BANKERS,
William Street, New

ipAWTS
fAKlS.

*

Kennedy

No. 63

WILLUM

&

Co.,

STREET,

New York.
BUT AND BELL
IHrESTUBNT SEOVSITISSt
GOLUKn Coupons and DmssNDs
HWJOTIATB LOANS AND DRAW BILLS OF
KXCHANGB ON LONDON.
SiJIiZOA.!)

,

AH bsslncss relaUnc to the Construotloa and
><iaipBi«ot«f BaarottOf undertaken.

STANTON BLAKE,
HKNKY K. HAWLIiy.

York. January

Co.,

Co.,

KEH»
Ci>.TIiniSS10N nBKCHANTS,.
ANO

AMSTERDAM, HOl.l.AMi
Y

AND
COMHEBOUX. AND TaAYELEBS' CBEOIT8.

J5.000.000
1,800,000

BONO KONO.

The Corporation grant Drafts, issue Letters of
Credit for use of Travelers, and negotiate or collect
Bills payable at Bombay, Calcutta, Singapore. Saigon
.Manila, Ilong Kong,
Foochow, Araoy, Ningpo,
Shanghai, Uankow, Voitohama, Hiogo, San Francisco and London.

A. M.

TOWKSEND,

Ageut, 47 William St.

Nederlandsch Indische
Handelsbank,
Pald-Up

IN

AMSTERDAM.

Bataria, Soerabaya and

Samarang

Correspondents In Padang.
Issue commercial credits, malce advances on BhiT ments of staple merchandise, and transact other
business of a financial character in connection with
the Irnde irith the Dutch East Indies.

BLAKE BKOTHEHS

tc CO.,
AGENTS FOH NORTH AHERIO,
18 WALL STRBET, NEW YORK.
88 STATE STREET. BOSTON

Bunks.

CaiiBdiaii

Merchants' Bank.

Wm. Rcsskll Wise

William Heath

&

OF

Co.,

bankers,
10 Angel Coart, London, England.
Draw

C A N A
Capital,

given to American Securities.

William Heath

&

Co.,

BANKERS AND BROKERS,
61 BROADWAY, NEW YORK.
Members of New York Stock Bxchange.

Knoblauch
Lichtenstein,

BANKERS,
S«., cor.

NKW

I>

A

.

$.5,60O,«lO0 VaIA
President, the Hon. .lOHN HAMILTON.

Bills of Exchange and transact a general
financial commission business. Particular attention

-

Up.

.

Vice-President,

HEAD

JOHN MCLENNAN,

E8<i

OFKICE, noNXREAL.,

aBOUOB IIAOUU. General Manager.
WM. J. INURAJl, Asst. Oeneral
BANKERS

Manage!

LONDON, ENO.— The Clydesdale Banking Comp'y

NEW YORK-The Bank of New York. N. B. A.

The New York Agency buys and sells Sterling Exchange, Cable Transfers, issues Credits available in

all parts of the world, makes collections in Canada
and elsewhere, and issues Drafts payable at any of
the offices of the bant in Canada. Demand Drafts
Issued payable in Scotland and Ireland, and every
description of foreign banking business undertaken,

New^ York Agency, 48 Excliaoge-place.
H-ENRY HAGUE
.„„„,.
^Kentf.

JOHN

Chicago

B.

HARRIS

)

JR.,

{

Branch, 138 Washingtan Street.

ARTHUR WICKSON,

Manager.

Excbange' Place.

YORK.

Hake Telegraphic Money Transfers.
Dr»if Bills of Bzchange and
Letter* of Credit

W

ii>

LONDON:

William Ukath,
Charles e. Qitujcby.

Imperial Bank of Canada

Ime

all

HOLLAND.

Established in I8(i3.
Capital, 12,00»,000 Gallderr.
($4,800,000 Uold.)

HEAD OFFICE
Agencies

BARING BROTHERS On. CO., London.
FEKIER FRERES & CO.. Faria.
MENDELSSOHN Si CO., Berlin.

89 ^rUUam

(;0

BANKING fcORI'OKATION.
RliBERVB FUND
BEAT) OFFICE,

COSSESrONDENIB :

&

KUoa a

Correspondentj).— Mpo.r. l<I.ARK

Hong Kong & Shanghai

New York.
FOREIG]V JSAiVKERS.

CABLE TRANSFERS, BILLS OF EXCHANGE

Woyk..

U A N

Sts.,

NEW YORK

New

Street,

AltlSTEKDAiH,

&

America

Adolph Boissevain & Co.

railroad and municipal bonds negotiated.
Sterling exchange bought and sold. Drafts on
Union Bank of London.

Wall and Nassau

S

CAPITAL (paid-up)

York.

for

>

1S79.

1,

142 Pearl

Office,

Sound

ALSO.

J. S.

^BW

commission.

EDIHBUBG, AND BRANCHES;

C ABLE TRANSFERS AND LETTERS OF CREDIT
JOHK 8, Kejkkdt.
J. Kkjmidt Tod.

($14,400,000, Uold.)
Execute orders for tiie purcliase or sale of Merchan*
Bonds, .StocliB, «nd other securities. In the
United States, Europe and tlie East make Collections.,
buy and Bell Foreign Exchange, and give advance,
upon Merchandise for Kxport.
OLlVEli s. CAUTEU, J Agents

AMSTERDAM.

-

BELFAST. IRELAND

NATIONAL BANK OF SCOTLAND,

1834.

dlse.

*

-

Accounts and Agency of Banks, Corporations,
Brms and individuals received upon favorableterms.
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

No. 8 'Wa.ll Street, New York,
4 Poat Office Square, Boaton.
CHEQUES AND CABLE TRANSFERS ON

jj.

"

Jesup, Paton

Co.,

RIUNROE ic CO., PARIS.
STSBLINe CHEQUES AND BILLS AT SIXTY
DAYS' BIGHT ON
ALEXANDERS it. CO., LONDON.

KSTABLISKD

N.

Cor.

Exchange and make telegraphic
transfers of money on Europe and California.
'

LONDON.

BOSTON, MASS.,

Payable in anjr part of Europe, Asia, Africa, Anstralla and America.

SocleVj-

HOI.I.ANI>,

Paid>ap Capital, 3«,000,000 Florin*

YORK.

Kidder, Peabody

BANKERS,
94 BROADWAY,
HEW YORK.

OF

COR. OF CEDAR,

;

Issue Letters of Credit for Trayelers,
~

Co.

;

COMPANY,

&.

Sa WALL STRKKT. NEW YORK.
28 STATE STREET, BOSTON.

No.

ST.,

NEW

tbis

^TG. & ~G7 CTWard,

J.

NASSAU

&

Bliss

Martinique and Guadaloupe.

and other countries, through London
and Furls
tfake Collections of Drafts drawn abroad on all
points In tbe United States and Canada, and
Of Drafts drawn In tbe United States
on Foreign Countries.

Between

The Netherland Trading

parts of the

Issne Circular Notes and Letters of Credit for
Travelers also. Commercial Credits, available in all
parts of the world. NeRotiate flrst-class Railway,
City and State Loans; make telegraphic transiers
of money and draw Ezchange'on

SIAKETELEGR.WHIG TKANSFERS
OF MONEY
^

all

Nederlandsche
Handel-Maatschappijj,

;

Morton,

CO.,

LONDON.

21 Nassaa Street,

and their correspondents.
Also Commercial Credits and Transfers of Money
on California, Europe and Havana.

ATTO&X«T8 AKD AGKNTB OF

Messra. J.

Co.,

mESSRS. SB ROTHSCHIi^D

Boulevard Hauiamanii

Pblladelpbta.

&

Issue Travelers' Credits, available In
world, through the

XXAHU

Forclsii Bankers.

Foreif^n Excliang^e.

Foreign Exclianigc.

Vol.

I

principal cities or Europe.

SPECIAL PARTNER,

DEVTSCHB BANK,

BerUn.

Capital, $1,000,000,
H.

B.

ROWLAND, Pres't

HEAD

D. R.

WILKIB,

Cashier.

OFFICE, TORONTO.
BRANVSES:

Port Colborne, St. Thomas, IngeraoU.
Welland, Fergus, Woodstock, Winnipeg, Man,
Dealers in American Currency & Sterling Exchange.
Agents in New York:
Agents in London
St. Catharines,

Hilmers,McGowan & Co

:

I

BROKERS IN
BOSANOUET, SALT* Co., BAUK OF MONTREAL.
5B Wall Street.
7a Lombard Street.
Foreign Exchange, Stocks and Bonds^
Promptest attention paid to collections payable In
any part of Canada.
63 Wall Street, New Tork.
Approved Canadian business p.aper, payable in
|

Special attention raid to orders at the New York
St9Ck Sx«tiaage and N«Tr York "'"'"g Bowd.

gold or currency, discounted at tbe Head Olfico on
reasonable terms, and proceeds remitted to kny
part <tt (he United States by (U'afl on New York,

4

AcocsT

vTHE CHKONIOLE.

37, ISSi.l

CnnHdlan

Financial.

Baiikii.

Oonds of

Bank of Montreal.
CAPITAL,,
<. F.

SMITIIERS, Prexldent.
W. J. BUCUA1<AN, Oenoral Manager.

Noa.

Suretysiiip John

EMPLOYEKS. AND ALL KINDS OF

UUAUAMEE

Watson, ( Agent.
.„._,.
ALEX'R LANO.
J
W'Ai.TCK

Bny mnd sell Sterling Exchanne, France and Cable
Transfere ffrant Couinierolal and Trarelers Oredltn
•Tat^iible Inanjr part of the world; Issue drafts on
and make collections In Cblo«4io and tbroughout
the Dominion of Canada.

ltU.M)S.

TIIIC

Guarantee Comp'y
OF NORTH AMERICA,
47 WILLI Am NTHEBT.

No.

XEW YORK OtFICE,
Hn * til M'ALit, .vrHKET.

I

Financial.

Foil

«ia,oo<>,ooo. Cold.
£,000,000, Void.

MltHPLilI!*,

tt

Bircliln Lane.

OF

AOKNCT

T

S. 4 p.c.

000

Bonds

XEW YOnK

UOMEUT

A.

Sterling Bxchaniie and Cable TransBu7 and
fers. Issue demand drafts on Scotland and Ireland
also on Canada, Hrttlsh Columbia, Portland, OreKon.
sell

I

Ban Francisco and

Chtcafro.

and otber bankInK business trans-

Bills collected

McTAVIKIl

n. A.

W

I.AWRON

Affenta.

Callloriiia Buiik*t.

The Nevada Bank
SAN FKA.-MCI8CO.
York Agency, 62 Wall

New

rnvksted vs v.
S4,ijoo,ooo gold.

surplus,

GBORGB

ISSUES CDunuerclHl and

8.

II.

Travelers' Credils.ttvall-

BOSTON

Broadway.
kiciiardb. President.
Lyman W. Buiogs, Vice-President.
JonN iM. Cka.vk, Secretary.
Kdwari) Stahk, General Agent.
niRKCToHS—Oeorge T. Hope, A. B. Hull, G. G.
Williams. W. G. I,ow, A. 8. Barnes. U. A. Hurlbut,
Geo. S. Coe, 1. S. T. Stranahan, Charles Dennis, Wm.
.M.

Kichards,

H

Claltin,

13.

WALSTON

UKUWN.

H.

BANKEHK,
Pln« Mreet, New

SPECIAL ATTENTION GIVEN TO
TIATION OP

KAILKOAD

WM.

C.

A

L.

Washington,

d.

all

for the past 10 Tears)

All Classes

Levy,

of Investment Securities

AND
MI8CBLLANBOC8 BUNDS AND STOCKS,
No. 8 Wall Street.

Secnritles bought and sold on commission for cash
or on margin.
Advances made on approved collateral at the
rate.

deposits received 8ub],,ct to check at sight.
Interest ullowe on all daily balances.
Orders executed at Ijoiidon. San KrancUco, Boston, Phlludelptita an Baltliijore ICxchanges.
P. S.-.My .Sew Vork Weekly Unanclal Keport U
mail ed free ,jf charge on apullcation.

4 per cent

Henry

W. UuWARn QlLDER

Gilder,

&;

BROADWAY, ROOM 10.
STOCKS. BONDS 4ND .MI.SCELLANEOUS
.',2

.XECURITIES

BOUGHT AND SOLD ON

COUMISSIOil.
Members New York Mining Stock Exchange
COKKXSPQNIUI.NCB SOLICITED.

Boardman,

Larisdale

N. T.

l

&

BItOAWWAV, Roomx 37

No. SO

orricB, Tiiov, N.
Connected by Private Wire.

3M.

Y..

ALL

°ecurltios dealt In at the New York Stock
Rxniiantfe 'viuuiit and sold on commission and carried on a fair margin.
r.NTBKE.-sr allowed on credit balances.

W.

&

Gallaudet

Co.,

T^KITED HAA'K BUILDINQ.

WALL

STREET, COR. BROADWAY.

STOCKS, BONUS & CO .VIMKIU'IAL PAPER.
Stocks and Bonds bought and sold on commission
at N.

J

.

Exchange.

stiick

Anvances made on business paper

other

lind

securities.

&

Scr;4nron

Willard,

BANKERS AND BROKERS,
V^ HK«ADWAY, NEW VORK.
PRIVATK WIHI^H TO
Windsor H.

rel.
rumberland,
Delmonico's,
QUiicr Uouae.
PUiiadelpbia,
; San^tquat
Newport.

Boston.

,

Cf'RK*::^T»ovT»K?rr<.

— BBrtlett.

Uiica: v\esifiottA Co., >yrui use;
A C>>.. Biiffai*! J T. Luater & Co
A HodBtfs, 1 o.-toa.
;

H. Latham

J.

liWI-^ymEVr

(LATE OF I.ETY &, BOKG.)
DEALER IN

c

General Banking Uualaeaa Transacted.

market

Intimate knowledge of

VOKK.

CO..

BROAD STREET, XEW TOBK.

Investors or Dealers wishing to bdy or sell are
invited to communicate.
State, Municipal and
ttallway Bonds amt Coupons bought and sold at best
tsrlct Kate*.

of ilu y. V. SInck Bxchante.

Oc

CnAULKS ShfON Ua^Rt.

BANKERS,

A SPBCI ALTY.

Bbanch OrpiCB:

bate.han

York.

soli

on balances.

NEW YORK, P.

RAILROAD ShCVRITIES

HTKEET,

New

on commission all Securities dealt In
at the New Vo.k 8to«k and Xho New York Mlnlnft
KxchangeH Deposits received axd Interest allowed

Fred H. Smith,

An

Member

3 IMdo Slrrel,
and

t'uy

IN

BANKER AND RROKER,
No. 20

WALL

Bacon,

BANKERS AND BROKERS,

NOYES,

AND
MTSCBI.I.ANKOUS 8ECtTRITIK«.

Financial.

-il

THB NEOG-

CKy and other Railroad Stocks & Bonds

K. l,o\V,

NKW

York.

TRUST COMPANYS' STOCKS.

*'*°*«*"lO.NATX STKINHART. Im^„^„.
f

BROAU OK

&

Clark

BAOOW.

B.

STOCK BROKKU,

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

P. N. LILlE.NTllAl.. Cashier.

No. 3

Lyman W

»iECrRITIES.

NASSAU STREET,

21

8U

E. Trowbridge,

£l.

Branch

* W.

BANICKK AM> BKOKER,

ClAKK.

8.

.

Transact a general banking business. Issue Commercial credits and Bills of Kxchange, available In
all parts of the world. Collections and orders for
Bonds, Stocks, etc., executed upon the most favor-

F.

D. Mairs,

rKKO. A. BROWN.

DBALSR

Anthorized <;apUvi, •'- $6,000,000.
Paid up aud Kenrrve, • 1,700,000.

KKKDK

John

Briggs, s. B. Chirtenrten.

Seiieman & Co.
CorreMiKiiKl'tR, Matisacliuaetts N. B'k.

ableterms.

ALEX.

Wh. M.

llcaa um,.c, 3

A^rniB. J.

Cl».

persona) bond where security is required for the
faithful piTforu'itnce of the duties of employees In
positions of trust.
Full information can be obtained at the office, 187

(1.1M1TBD).

Angel Uoort.
t)mce. fit California

COM.MISSKIN.

COMMKKOIAL PAPBK NBUUTIATKU.

OVi'KitlAN, Hecrctarr.

C4SUAI>TY
NEW YORK,

Co.,

all

TUK

NEW VOKH

8t.

* Co.

The only company organised In the United States
guarau'ee ng ihe Hilehty (if persons hulding positions of 'pecuniary trust and responsibility, thus securing aCOKPORATE GUAKANTBK in lieu ol a

11

Anglo-Calitorniaii Baak
tiONDOM,

Wabash

&,

OF

St.

In

SAN FHANCIX'O

Vlco-Prosldpnt

facitio Itallroad C«,fupiiny.
.Messrs. Jesui>. I'aton

PATO.N,

FIDELITY

Foreitin
bjr

Co.

A

bonds,

any part ol the world. Draws H'xchanse,
and Inland, and makes Transfers of Money
Telegraph and Cable.

able

iL

HOPKINS,

&

Brothers

BANKKRS AKU BKOKKHS,
S4 Wall Mrret, ^«w V'.rk.
iJTOCKS AND BUNDS BOUGHT AND SOLD OH

Walston H. Brown & Bro.

BHANDEii, Agent.

L.

I,.

liouls

W.

WALL STUEET.

fi3

DIRKC-roRH:

J. I>. VEKMII.YE, Hrest. .Merchants' Nat. Hank.
H. B. !<iiKK.^lAN. Crest. Mechanics' Nat. Bank.
K. illlNTUKN, Messrs. Orlnnell, Mln-

at

No.

HOUOUT AND

HKCUKI'TIBS

CdM.MIS.SIO.N.

Sand

-^.000

deposited at Albany In U.

FIDELITY GUARANTEE BONUS
ARK IS8UKD Br THB

North America,

,

SOLD OM

989.000

" assetaover,
C-ash

Bank
British

:

Cash capital paid up

JOHN

HK

Son,

BANKER.S,
No. .19 WALL STKKKT. NBW YORK.
IIKI'<HIT:( IIKCKIVKII Ml'lUECT TO CMBCK
AT >l(Jirr, AND I.NTKKKHT ALLOWED ON
UAiLV hai,am;k.-<.
•iO^''^"'^-^"^^'' BONDS, STOCKS AND ALL
INVKMTMK.NT
THKO. V. SANP.
JOHNSrCKELa.'
Max K. iumd. Member N, Y. stock Bxoh.

turn

No.

OlUrtt,

&

Cisco

J.

By a recent law all Judged and olflcla's In the State
of .^ew Vork are n,,w amhorlxt-d to accept the
bonds of this company In lieu uX individual bonds.

;

joodoii

ni

New York

City,

We^tcott
V*
.

i,

eotcoi-t,

Chloimo:

6c

Co.,

Myers

Emery

Co.,

SECI RITIES,

ChtcRao, Cincinnati,

Bl.

LoiiiM. iliairicl ol Coltllnbia. anil
Uuicriiiueut 9»ecurill«a.

FOUKiu>
J.

2
H. Latham.

Joseph

Beers, Jr.,

P.

k:x4'1«.imob
WAIX STREEr.
k.

w. Perrt.

Lluvd.
W. C. McKean
Memberof N. Y.Stock Kxch'ga

Lloyd

6c

MrKean,

,

Brooklyn

STOC lCS~and BONDS
hold

BAJ.EU or

No.

STOCKS

BONDS

O.N

WEDNE8DATS

ADRIA,%
Ho. 7

II.

C.

duises of

A.\n
ANII

gATLKDATS.

milM.ER

PINE STREET,

1

NEW STREEI,
KWW VORK.

REilULAR AUCTION

all

Bonds.

Oaa Stocks, dec.

At Auction.
Hm Undenlgned

Secnritfes, Clly

A.

SON

NEW YORK.

3

Hud

on

34

Bay and

sell— on commission

NEtT TOBK.
—Qovermnent, Rail

way and MImiellaneons Securities. Receive deposita
subject to check, and allow Interest on balances.

Whitely, U. CHUOEBOAKLn
ooan. maynard C. Biaa.
Travkos, special Partner.

J D. Prince. J as.

Harry
W.

&

Co.,
EXCHANGE CoDHT, NEW YORK,
I

WALL STREET,

Branch Office and Private Wire
at the "CUMUKH1.AN1)," uroadway and 22d Street.
Buy and sell on commission, for inrestment or on
uargln, all securities dealt In at the New Vork
-,tock Kxchange.
R. R. LXAB
T. H OUSTIS.
10. I. UtrnsoK,
Member N. V. Stock Ezcb.

Vo

'

.

R.

.

Prince 6c Whitely,
64 KROADWAY, NEW TORK,

iBrnnch Ufllce, 180 Fifth ATcnne).
A I! •lasses t Raliw.yand Mlnlnc Stocks bonsbt
and stild on t'omiulaslon.
Private 'I'olegraph W Ires to Phlla lelplila, Wllmlneton. Baltimore. .Washington, Boston, Bridseior t
and New Uarun.

[Vol. x!lXin.

THE CHRONICLE.

Financial.

Financial.

financial.

NOTICE TO INVESTORS.

The Brooklyn Trust Co.

Dominion of Canada.

Cor.of Montague

THBmiANCIALAsioaATION OF ONTABIO

amount of FIRST
We offer for sale a limited PER
CB.NT BONDS
MOKT»AGK (45 years) FIVE
IILROAD, class A, at KS

4 ainton.t».,Brooklfn, N. T.

of the

toTertom with choice Ino«.r«llT .elected, yielding

„ m . poi-tlon to foml.h

^

«corlti...

,«tment

8»yK« AND A-HALF PKB C««T

BIX .o

to bu.lne..
BpecliJ .ttentlon glren
.oUcited.
Correspondence
Onited State..

p„ „nom.
t«,mtb«

A..ocUtIon ol Ontario,
Tlie Flnanel.1

tor

LONDON, CANADA.
BDWARD LB BUBY. Manning Director.

Beasley

BROADWAr, NEW

Co.,

likewise kept, for

is

Hll

who desire

to

INVEST

To

STANTON,
DEALER

Investors.

nr ANTED :

NASSAU STBBEX,
BASEMENT.
&,

Member N. Y.

rpHE UNION PACIFIC RAILWAY COMi.
PAN 7.
A Dividend ot ONE AND THBEE-QUABTBRS
PBB CENT on the Capital Stock of the UNION
PACTFIC BAILWAV COMPANY will be paid on
and after October 1, 1881. to stockholders of record
August 31, 1881.
New York stockholders will be paid at the company's office. 197 Broadway. New York, and Boston
stockholders at the Campany's OtBce, No. 44 Equit-

gjjjgy McFARLAND,

Treasurer.

By resolution of the Board of Directors, a call has
been made upon the stockholders of this company
for the payment of 20 per cent (being the 5th anadtn
Instalments thereof) upon the Capital stock, payable
Aug- 27. 1881. Checks should be drawn to the order

of C. F. Woerishoffer, Treasurer. Upon the payment of the above call there will be delivered to
Btoc'-tholders 10 per cent upon the amount of their
sub.crlptions to the capital stuck of this company
In Ist Mortitage Bonds of the New Orleans Pacific
G. M. DODGE, President.
Railway Company.

ACIFIC RAILWAY IMPROVEMENT
COMPANY. NEW YORK, August 22. 1881.
By resolution of the Board of Directors a call of
20 per cent (being the 4th ard 5th Instalments thereof) has been tiiis day made upon subs Tiptions
to the cap tal stock of this company, payable Aug.
Checks should be made parable to the
27, 1881.
order of C. F. Woerishoffer, Treasurer, 54 Exchange
G. M. DODGE, President.
Place.
No. 20 Nassau Street, )
Angus' 23, 1-^81. (
INSTALMENT .>F TEN (10)
PKIl OnNT of iho second subscription to the
Purchasing Syndicate will be due and i>ayable
September 1. 1881, at my omco. Checks should be
certified and accompanied by the orieinal receipt.

New Yokk,

THE THIRD

HENRY VILLARD.

•WM. B. KINDAU..

^
Stock Eich.

WALL STREET, NEW YORK.
GAS STOCKS
A!n>

GAS SECURITIES,
TBEET RAILROAD STOCKS AND BONDS
AXD ALL KUtSS OF

WALL

No. ai

STREET,

BANKERS AND BROKERS,
Refer to Messrs. FiSK

& Hatch.

DEALT IN.
SEE GAS QUOTATIONS IN THIS PAPBK,

Albert E. Hachfield,

Wm.
31

R. Utley,
STKBET, NEW YOBK,

PINK

DEALER

IT NASSAU STREET,
In InTerstment Seenrttle» and
Bonds Generally.

DeaU

IN

RiilLROAD BONDS,
13

RAILWAY IMPROVEMENT
AMERICAN
Ct>MPANY, New Yokk, Ausfust i2, 1881.

No. IT

BROOKLYN SECURITIES

able Building, Boston.
Stock books will be closed Ang. 81 and re-opened
.

Geo. H. Prentiss,

7s.

D. A. EASTON,
McLELLAN ds CO., BanUera,
No 58 BBO APWAY, NEW YOKK.

FOR SALE AX THE
NATIONAL. BANK OF THE REPUBLIC.

October

BONDS, LANDS, &c.

Desirable Texas Securities for Inrestmert corstantly oa hand

With BOODY,

Bonds WM.D. HATCH,

J.
WALL STREET, NEW YOEK.

TEXAS RAILWAYS,

& West Virginia Ist 78.
Columbus & Toledo Ist 78.
Columbus <fe Toledo 2d
Scioto VaUey 2d 78.

First Mortgatfe 6 Per Cent Gold

C. Chew,

No. 7

Oliio

York,
other quoUble Construction Stocks.

PITTSBURG BRADFORD
BUFFALO RR. CO.'S

SMITH & HANNAMAN,
IndlanapolU, Ind.

Successor to
,

ancinnati Gold 68, due 1906.
Cincinnati Currency 6s, due 1909.
Cincinnati SinklnR Fund 78, due 1904.
Cincinnati Main Issue 7-30s, due 1902.
19 10.
Scioto VaUey Consol. Gold 78, due

New

17

ADDRESS

FRANCIS SMITH,

IN,

TO RAISE FUNDS upon them.

YORK.

IN
Paclflc Imorovement Company,
American Cable Construction Company.
International ImprOTement Company.
ImprOTement CoContinental Construction and
North BlTer Construction Company,
NT.* Scranton Construction Company,
an
Chicago * St. Louis Subscription,
all

Per Cent Mortgages,

all unlisted
This CORPORATION REGISTERS
'rRl'gfs\rr''SriSBTOplBS and PROPERTIES

or

J. S.

Richmond, Tirginia.

FOR CHOICE

jAMtS MACK.K, Pres't. JOHN 1and Attorneys.
''fost^b 4 tSomsok, Counselors

&

IlfrESTlIENT STOCKS.
RAILROAD LOANS NEGOTIATED.
YEARS' EXPBRIBNCE IN WALL STRBBT.

Car Trust Bonds.
WB MAKE A SPECIALTY OF THESE VERY
SAFE SECU RITI ES, AND BUY AND SELL SAM IS
AT MARKET PRICE.
WE OFFER A LIMITED AMOUNT OF DESIRABLE CAB TRUST ISSUES, ADDITIONALLY
SECliRED BY THE DIRECT OBLIGATION OF
THE RAILWAY EQUIPMENT COMPANY.

CLARK, post"

&.

MARTIN,

34 PINE STREET.

Kountze Brothers,
BANKERS,
130 Broadfvay (Eqnltable BnildIaK)t

N E \r

YORK.

LETTERS OF CREDIT

W^ ANTED:
Indianapolis

at

St.

Office of the
i.

110 I.iHEiiTY St.,

j

Impkovemext Co.mpaxy.V

New Vouk, June

& tbe1S81right to
THE
MKNT CUMI'ANV, having reservedlillPROVEAMERICAN

OOCIi.

10.

S

pay the principal and interest 'of their bonds dated
Oct<jbcr J, 18*16, at any time after the (Irst day ct
January, 1876, llrst having given six months' notice
Of tholr intention to make such payment, notice is
hereby given to the holders of the said bonds that
the I'ompanv, in the exercise of said right, will pay
the principal and interest of the said bonds at the
National Bank of Commerce, on the 3Ist day of December, IHSl, at which date interest on said bonds
.

wiU cease"

JOUN

8.

BARNES,

Vlce-l'resldent.

CIRCULAR NOTES
Issued for the use of trarelers In
all parts of the world.
Bills drawn on the Union Bank of London
T ilegraphio transfers made to London and to
various places In tbe United States,
Deposits receiTed subject to check at siKht, and Interest allowed on balances.
Government and other bonds and investment se*
curltiei

bougbt and sold on commission.

Louis

Ists.
Ists.
Ists.

Columbus A Toledo
Joliet

& Northern

Kansas & Nebraska Bonds.
Joseph & Western Bonds.
A Dayton Bonds

St.

ClncinDuti Uamilton

COMumers'
^^

Ice

FOR SALE:
Stock,
Company's

Au

.
«_
BiKht Per Cent lovestmen

I
!

Spencer Tratk.
Fred. B. Noyes.
Geo. F. Peabody.

Spencer Trask & Co.,
BANKERS AND BROKERS,
70 Broadway, New York City.
Transact a general Banking Business
Stocks Bought and Sold on Margins.

on Deposits.
BRANCH OrnCES,

Interest allowed

Connected by Private Wires,

Philadelphia, 132 S. Third St., C. F. Fox.

Albany, N.Y., Maiden Lane,

W.

I

A. Graves.

Saratoga, N. Y.. Grand Union Hotel.

AND

American Dock

<k CO.,

BANKERS, ic,

INCORPORATED 18SI.
40 NEW STREET, KEW YORK.
HoB|ON, Sec y

Circulars furnished.

98

THOMAS BRANCH

INVESTMENT & SECXJBITir KEGISTBV EXCHANGE.

ADDRESS

W.

•

^

solicited.

|290,000
170,000

f erred stock
'S"'"""
There Is now no other prior interest charge
agai nst the road; hence these bonds may be regarded
as the best long-ilate bonds offered In this market.
They are coupon bonds, payable to bearer, or may
be registered.

(LIMITED.)

Correspondence

(7

1T20.0I»
Net revenue
Annual interest on f 1,000,000 flrst-mortgage
Uve-per-cent bonds and dividend on pre-

Alex. McCue,

Henry Sanger,

Kendall,

£e^i^^"^V\Te-yo%'li."5':LoV"^%Teyitope,,
Au\tln Corhin^^Edmu^nd^wJorfle..^^^^^.

always in hand.

A.

The'gross receipts for this road for 1881
months actual. 5 months estimated)
Expenses, same basis

Vice-Pres't.

H°l;,^^SJ^n SS:l;^ay^"HenU;|i.eIdon.

bonds

desirable

of

assortment

gi'^^g'fk MARVIN.
TRUSTEES
:

Wm. B.

INVESTMENT SECURITIES.
An

money.

PE TEKSBURG R

and interest, with the riuht to advance the price
without notipe. These bonds are issued for the
purpose of^ paying off the old first mortgage, which
and payIs now maturlnii:; t3(X),000 has been pnid,
ment of the balance as it matures has been proTided for by setting aside a like amount ot these
new flve-per-cent bonds, not to be executed or
issued except as the maturing bonds shall be ei-

&

C. H,

E. Odell,

AGENTS FOB

Steel

and Iron Rail

MANUFACTURERS,
104 John

Street,

NEW

Rooms 10 &

YOKli CITY.

11,

AND

xtmm

W

HUNT'S MERCHANTS' MAGAZINE,
REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OF THE UNITED STATES.
lEiitered, according to »ct of

VOL.

Congreo, In the year 1881, by Wh. B. Dana

A Co., in the ttfllce of the Librarian of CkjngreM, Washington, D.

SATURDAY, AUGUST

33.

ONTE NTS.

C

when

July Coudltlou of the Savings

Banks
Selling PersonallnBuence

THE

and Exports for Juir,
and for the Seven and Twelve
Months Ended July 31, 1881 215
Commercial
Monetary and

211
213
213

Iinpcrts

English News
211
211 Commercial and Miscellaneous

News
BANKERS' GAZETTE.

change, U.S. Securities, State
and Kaiiroad Boncia and
Stocks
219
EauKC in Prices at the N. Y.
Stock Exchange
220

220
227
232

Cotton
BreadstuOs

I

Dry

is

ended.

They

which

first-class

investment properties have been held by

the original purchasers in spite of the steady decline in the

whole

list.

Those who have these stocks and who bought
still have

219 them at the low prices ruling a year or two ago,

223
Returns
Investments, and State, City
and Corporation Finances... 224

THE COMMERCIAL
Commercial Epitome

21.5

Quotations of Stocks and Bonds 221
222
New York Local Securities
Kaiiroad Earnings and Bank

Money Market, Foreign Ex-

the suspense regarding the President

844.

are materially aided in their efforts by the tenacity with

THE CHRONICLE.
The Financial Situation
The Uiw of Corners
The Elections iu Europe

NO

1881.

27,

C.|

TIMESi
233

Goo<ls

Imports, Receipts and E.tports 234

and appear indisposed to part

faith in their intrinsic value,

with them so long as the movements in the market conlargely

tinue

show

These

speculative.

encouragement

persons

find

much

Railroad earnings

in the general outlook.

quite fair percentages of gain on the large figures of

the case of pretty nearly

last year, in

all

Western, South-

western and Southern roads, and even the trunk lines
not be so unfavorably affected as
Financial Chkoniclb w Umed every Saturday morning, with the latest news up to midnight of Friday.
[Entered at the Post OiBce at New York, N. T., as second-class

Thx Commkhcial and

Pennsylvania statement for

the

exhibits an

over

increase

IN
For One Year (including postage) ...;
ForSixMonths
do
Annual subscription in London (including postage)
Six mos.
do
do
do

ADVANCEi
'...

$10

20.

6 10.

£2

7b.

1 88.

AdTertlsements.

m

.

79

fc

DANA &

B.

and

indications

the

all

point

;

an

the

rail-

good condition
excellent

fall

for the purpose of favoring the speculation for an advance

as yet only partially confirmed,

grain, are

condition of the European crops

much below
stances

it is

is

the early estimates.

while the

now conceded to be
Under there circum-

not surprising that holders of good investment

properties not only decline to

sell,

but on the contrary

increase their holdings at every favorable opportunity.
It is

clear

that

unless the floating supply of stock

employed

soon cease, and those

who make them must

cover their short contracts at a loss.

and advantage

in depress-

is

increased by sales by actual holders, speculative sales must

limiting these losses that the

THE FINANCIAL SITUATION.
influences so successfully

to

effects of
is in

OO., Pablishsrs,

81 WUliam Stregt, NEW YORX,
Post Office Box 4592.

}^' A neat flic cover is furnished at 50 cents postage on the same is
iSccnts. Volumes bound for subscribers at $1 00. A complete set of
the Commercial and Financial Cubonicle—July, 1S65, to datecan be obtedned at the office.

The same

the

branches

week,

both gross and

The harvest is progressing, and the discouraging
which
were circulated regarding the crops, mainly
reports
in

Transient advertisements are published at 25 cents per line for each
Insertion, but when definite orders are given for Hve, or more, insertions,
a liberal discount is made. Special Notices in Banking and Financial
oolunm 60 cents per line, each insertion.
Ijondon and IilTerpooI Offices.
The offlce of the Chronicle in London is at No. 74 Old Broad Street,
and
Liverpool, at No. 5 Browu's Buiitlings, where subscriptions and
•dvertisements will be taken at the regular rates, and single copies of
the paper supplied at Is. each.

WILLIAM

Business in

July, issued this

trade.

Subscriptions will be continued until ordered stopped by a written
order, or at the publication office. The Publishers caunot be responsible
for Kemlttauces unless made by Drafts or Post-OlUee Money Orders.

WILXJAH B. DAMA, )
JOHa e. Fl.orD, jr. i

road war.

may

generally supposed, for

year in

last

earnings, notwithstanding

net

mail matter.]

TERMS OF SUBSCRIPTION-PAYABLE

is

is

market

It is in
is

at

some time

the hope of

frequently raided

sought to be taken of the momentary

demoralization caused by these raids, to get back some

ing prices during late weeks, have been made to do service
this week, and speculators for a fall continue to take

portion of the, stocks that have been sold.

advantage of every circumstance which

in

prevent any extended covering of short contracts, thus

chief element of disturbance is

keeping the market in a largely over-sold condition as
basis for an advance when the proper time arrives.
The money market has been comparatively easy during

their manipulation.

The

the condition of the President,

has been in a very

will aid

who throughout

them
the

policy of the operators for a rise

is,

as

The obvious

far as possiole, to

week a

and of whose recovery
time of writing. While he lingers the week, mainly in consequence of the increase in the
every item of information regarding the progress of his case short interest in the stock market, although there has
is eagerly sought for, carefully and critically examined, and
been a fair supply of money offering daily. The banks
there

is little

hope

critical state,

at the

made the basis for operations in stocks. Speculation has
thus kept feverish and the tendency has been generally
.

downward.
Those of the leaders who favor a

rise in the

market are week the rate for money has been bid up at the Stock

apparently content to maintain such control as will enable

them

to arrest

Exchange for speculative purposes, but the demand has
same time been promptly met, and on each occasion the rate has
turn the market upward fallen before the close of the day.
The most important

any serious decline and

are supposed to be in readiness to

have not curtailed their loans to any great extent, and
have been liberal with their customers considering the
At times duiing the
low state of their reserves.

at the

^
THE CHRONICLE.

212

Vol.

I

XXXin.

of the
The Treasury operations for the week, exclusive of the
«ventof the week aSecting the immediate future
of $200,000 gold from San Francisco, have resulted
of
the
receipt
Secretary
the
by
market was the announcement
which is a loss to the banks, of $2,132,543 01.
per
in
a
gain,
registered
the
that
5
afternoon
Treasury on Monday
The
Office paid out $567,997 for domestic and
would
be
Assay
October
due
call,
1,
104th
the
cento embraced in
presentation
at the foreign bullion, including about $487,600 gold from
on
interest
of
rebate
paid without
following shows the daily receipts by the
Treasury in Washington. Already over $5,000,000 Europe, and the

and it is underof these bonds have been sent forward,
present
stood that large holders of them will promptly

now cashed

the extent that they are

them.

To

market

will be relieved,

and

amounting to about
1st of October not only these bonds,
the
ten million coupon
of
remamder
the
but
30 millions,
bonds which
for payment.
It is

fell

due on the 12th

be presented

inst, will

Datt.

reported that the Secretary of the Treasury will,

tended bonds, making them payable in November and December. This report may be incorrect. It seems scarcely
probable that the Secretary of the Treasury will, so soon

Duiitt.
Kotet.

$1,000

76

1,000
1,000
1.000

$217,000
207,000
322,000
505,000
149,000
315,000

$3,458,783 So

«i.4:i6,ooo $146,000

$1,000

$1,715,000

$380,056
466,803
555.909
902,184
478,647
675,182

23....

"

24

...

25....

Total...

00
36
55
35
83

$151,000 $11,000
245,000
l.'>,000
211,000
23,000
368,000
28,000
149,000
22,000
312,000
47,001

Aug. 19 ...
" 20....
" 22....

The following shows the Sub-Treasury movement for
week ended August 25, and also the receipts and ship-

the

ments of gold and currency reported by the leading
banks.

-

after completing the arrangements for the continuance of
the 56 and 63 at 3^ per cent, call them in for redemption,

and such a course mght be regarded
who hold the bonds, having taken them
would be continued

that they

ing of Congress.

If

be as readily accom-

the extent of the surplus revenues, which

pursued

by
any

his

$

$2,132,543

movement

Net.

nnn

$2,132,543
2,434,000

$5,069,543

$4,566,548

503,000

Total

plished by the purchase of bonds for the sinking fund, to

successfully

Into Banks. Oufof Banks

Treasury operati(>nB, net
Interior

at least until after the meetr

this could

-

5> fi.-ST

in the expectation

the object of the Secretary to

is

it

money market,

ease the

as unfair to those

saver
Silver
Dollars. Certificates.

n. s.

Oold

"
"

for the purpose of giving relief to the money market later
in the year, shortly issue a call for 50 millions of the ex-

of—

Op7isisting

money

the

hoped that before the

is

it

Sub-Treasury from the Custom House.

was the couree

predecessor.

This policy

The

$503,000
interior

1

movement above embraces

all

the receipts

and shipments of gold and currency reported to us by the
principal banks, for the week ended August 25, which
(stated in our usual form) are as follows.
Receipts at aiul Shipments from

.V.

Shipped.

Heceived.

T.

objections, and none could comwould not be open to
$503,000
$512,000
2,425,000
plain that it was not entirely fair to all parties concerned. Gold.
Total
$.103,000
$2,937,000
Since last week tlie withdrawal from the Bank of
gold was withdrawn during the week by thi
$4,150,000
England of £1,200,000, and from Paris of $200,000, has
been reported by cable, and it is possible that further sums associated bank from the vault of the IBank of America,

have been bought in London and Paris for transmission

Adding

hither.

the

$6,200,000, to the

$9,848,000

amount

sum

actually reported

estimated last

now assumed

to

week

in

transit,

as afloat, gives

be on the way hither.

This

does not include $2,000,000 which was reported early in

week to have been taken in Paris for export
York. The steamers bringing this gold will

the

quick succession, and
will

it is

be in our Assay Office

probable

tliat

the

to

New

arrive in

whole of

it

in the course of eight or ten days.

being made to arrest this drain of bullion.

their repository.

The Bank return

of

last

week showed

a deficiency of

$717,700 in reserve, which, considering the drain into the
Treasury and to the interior, as shown by our tables, was

The statement was probably made on

not unexpected.
rising

averages for specie, but

return due to-day

Should

this

sliow

will

be the

case,

it

is

possible

that

the

a further loss of reserve.

however, the fact need excite no

apprehension, for the Treasury operations of next

week

and the gold imports certainly will, aid in replenOn Thursday the Bank of England advanced its rate of ishing the bank reserves.
The Bank of England return shows a loss of £800,000
discount to 4 per cent, and the rate of the Banks of France
and Belgium was raised to the same figure. The Bank bullion for the week. The Bank of France lost 4,100,000
of Berlin moved up to 5 per cent yesterday, the object francs gold and gained 152,500 francs silver.
The Bank
Efforts

ai-e

should,

any shipment of bullion of Germany lost 4,820,000 marks. The following exhibits
by the principal the amount of bullion in each of the principal European
European banks can only be conjectured. At the moment banks this week and at the corresponding date last year.
being to

resist, as

The

to London.

far as possible,
result

of

this

action

of writing, the impression prevails

among

the foreign

bankers that the current rate at the Bank of England
not have the desired effect, and that there must be a

Aug. 25, 1881.
Oold.

this

draw gold from the Continent.
opinion finds support in the withdrawal of

£220,000 more for shipment
rise in

the rate.

exporte,

now

scale,

to the

United States since the
of our merchandise

The movement

apparently again in progress on a liberal
encourages the idea of still further shipments. For the

week ended the 23d inst. the exports from the port
York were very large, amounting to no less than

of

Silver.

OiM.

Silver.

fur-

ther advance in order to

And

Ann. 26, 1880.

will

New

$9,238,-

If the drain of gold to America should
094.
be no greater
than the supply which flows to the Bank
of England from

the Continent, there may be no further
advance in the rate
of the English Bank, but, as said,
the probabilities point
in the other direction.

a

St

Bank of Kngland
Bank of France
Bank of Germany

"8.6>i7,552
23,751.694
25.206,032 .50.613,110 30,456,184 50,325,959
9.144,S70 19.158.870 8.9:i0 000 17,860,000

Total this week
Total previous week

53,102,696 69,771.931'! 68,073,736 68.185,959
59,136. 30> 69,!>42,6''0l «.o,753,236 68 666,514

Idr"Tlie above koUI and silver division of the stock of coin of the
Bans of Germany Is merelv popular estimate, as the Bank itself gives
no information on that point..

Tne foreign exchange market has been unsettled. The
bills, some of which were drawn against out-

pressure of

going

securities,

proceeds in the

others for the purpose of loaning the

money market and

against future shipments of

still

others

made

added to the usual
supply of commercial bills, pressed the rates downward.
On the announcement of the advance in the Bank of Engcotton,

AD0179T

THE CHRONICLK

27, 1881.1

213

land rato of discount the rate for long sterling

fell, while
that they received the money.
They did contradict tho
was unchanged and this class of bills can bo details of plaintiff's statements of tho terms of the arrange,
obtained at figures which fwrrait free imports of gold. mont.
But it is not necessary to enter into these details,
Yesterday the pwBted rate for long sterling was reduced to for the reason that the court brushed all questions of th«
480i. Cable transactions would appear to be profitable from sort aside and decided against the plaintiff on the broad,
the subjoined table, but it must be remembered that the general ground that, on his own showing, the money

.that for short

,

prices hero'givep are those ruling at the opening of both stock

exchanges, and before bankers can operate by cable there
The. folis frequently a decided change in the markets.

.

furnished for the purpose of cornering grain.
of the arrangement was, says the opinion,

and unnatural

fictitious

rise in

the wheat

was
The object
force

to

market

ft

for tho

flowing shows relative prices of leading bonds and stocks express purpose of getting advantage over dealers and
,iu London and New Y(>>rk fOr eacKday of the week.
purchasers whoso necessities compelled them to buy.
Tho
'

Aut.

>i.

Ajif.

2a

-

Aug. Zi.

Lond'n N.r. Lond'n s.r. Lond'n if.r.

Aim.
^*Lond'n

29.

Aim.

20.

S-Y. Lond'n N.Y.

necessary effect would be to create similar diflBculty as to
persons needing wheat an indispensable article.

That such transactions are hazardous

prfcM.* pricu. prica.' prieu. pri£e9.* pricet. pr*ca.' priat. prica.' price*.
D.B.'ts.c.

U6OT HAM US8I

115(»

115-01

115K

D.8.3HS

101-80

101-64

101»^

H5-n7

116(4 116-43

lOlM

lO'.-flJ

loiM

101-64

4335

*1H

42 33

421k(

4210

101-16

WIH

100 HI

ilSH
101

42-83

100

101-83

101«

10I-15

100

ni.Cenl. 1STT7
N. r. c. 142-78

l«6

U741

127

I2H-01

127-29

126

142-^

\ri

142'U0

12850
14326

197>4

t4lM

1«8
143

Kemding

en

»J-81-V

S0-8I

62

80-73t

61

lOlH

4259

Mcon.

4IT(i

Sl-8tt

81«

lOO-tll

142H \i2-i9
30-00+

to the

comfort of the

IHH community is universally recognized. This alone may not
lOIJi
41« be enough to make them criminal, but the courts feel little

lOI'lS

Erie

—

all

14 :x

hesitation

arising

60

the

of

Bxch'ge.

refusing to enforce any claims or contracts

in

Out

had
gambling
not

such

of

laws

which

the

effect

undertakings.

punished

allowing

of

The

these

relaxation

projects

every

has

species

of
produce to be enforced by the courts.
NoTB.— ThB Now York eqtilviilpnt based upon tlio highest rate for combination between a man who furnishes money and
cable transfers, which onUnai-U,v coyers nearly all charges, such as
luterest. Insurance anil cuuiniissions.
dealers who manipulate the market, where the only intent
The Government bond market was quiet and without is to produce unnatural fluctuations in prices, is entirely
special feature until Thursday, when the extended bonds outside the limits of
honest bujring and
4-84
4-M
their New York oqulraleui.

4-R4

oablea.
*

t

Bxpressed in
ReadinR on basis of

4-84

4-84

$50, par value.

A

in

!.<

selling,

fell off
-

ing a

by reason of the report, above referred

call for

and the

to,

regard-

gambling of the worst kind.

If

these bonds

4 per cents

effect, it is believed,

parties see

by the Secretary of the Treasury, money in such ventures they must get
were pressed for sale, for speculative than legal measures.
by Stock

operators.

THE LA W OF CORNERS.

There was,

it

fit

and

is

to invest

back by other

by the Court of Appeals
same general view of a contract

in 1877, a decision

in this State, taking tho

between coal mining companies to keep supplies out of
market for the purpose of enhancing the price. In 1847
liable to criminal punishment by attempts to " bull" the
an agreement by the proprietor of the five rival lines of
market price of provisions.
The general public were
boats engaged in transporting property and passengers on
thought to have an interest in maintaining low and steady
the canals, that they would run for a time at prices agreed
The practice of buying
values for the necessaries of life.
on, and would divide net earnings in certain proportions,
In former times, in England, a speculator might become

.

.

up large quantities of provisions with intent to raise the
price was called " engrossing."
Buying up merchandise
'while on its way to market, or persuading owners of merchandise in market to raise their quotations, was called
" forestalling."
Buying provisions to sell them again in
the same market was called " regrating."
Whoever engaged in such projects, although alone, exposed himself to
a prosecution. Such is not the law at the present day.
In modern times it has been thought better to allow individuals to buy and sell freely.
In some of the States the
law of conspiracy is broad enough to esiibrace a case where
two or more persons combine to enhance, artificially, the
market price of necessaries. Thus our Revised Statutes,
also the new Penal Code for this State passed at the last

was adjudged void
rious to trade.

as a conspiracy to commit an act
The general course of decisions on

inju-

this

and kindred topics gives reason to believe that our courts
would apply the principles stated in the Michigan decision,
in any similar case which might come before them.

THE ELECTIONS IN EUROPE.
On Sunday

last

Parliamentary elections were held in
In Central and Southwest-

France, Spain and Portugal.

ern Europe

it was thus a day of more than usual activity
and anxiety. It is reasonable to take it for granted that
there was a considerable expenditure of energy.
It is
gratifying to know that the day was not marred by any
session of the Legislature to take effect May 1 next, de- catastrophe
that the elections were conducted in an
clare it to be a misdemeanor for one or more persons to orderly and peaceful manner, and that the results are 80
conspire " to commit any act injurious to trade or com- far satisfactory.
merce;" and the Courts could hold that this provision emIn each of the three countries the conservative spirit
braces persons who unite together in making a comer in was strongly and triumphantly expressed.
It was so in
grain or other articles.
Portugal, where the Ministry was sustained by an overBut, supposing that such acts are not punishable in the whelming majority.
It was so in Spain, where a similar
criminal courts, it does not follow that they are lawful. result was achieved, and where Carlism seems to have
The courts often exercise a discretion of refusing to sus- received a death-blow. It was so in France, where repub.
tain and enforce dealings, because they are contrary to law licanism has won another great victory, and where, for the
and policy, although no specific fine or imprisonment is first time in many years, the people have turned their
imposed.
The Supreme Court of Michigan has just ren- backs on the Bonapartists.
dered an instructive decision on this branch of the subject.
Real progress is
All this, we say, is satisfactory.
The plaintiff's story was, that in May, 1880, he advanced impossible without stability. "When, therefore, the elec-

—

$10,000 in cash to the defendants, to be used by them in tion returns are in favor of the established order of things,
manipulating the wheat market in Detroit, for " the May and opposed to radical or violent change, the condition of
deal," with a view of creating a corner and compelling a people must be pronounced hopeful.
Naturally Franco
those who had engaged to deliver wheat to pay extrava- commands the largest amount of interest.
Of the three
gant prices or diiierences.

Defendants did not dispute

nations, she

is

by

far the

most powerful.

In addition to

>^^

THE CHEONICLE.

214

she
her resources, her military strength,
in
position
central
her
acquires a mighty infiuence from
to
forward
looked
always
are
French elections

[Vol.

at the beginning of the year.

her Dopulation

I

Europe.

decrease in the

four there

is

number

XXXin.

In four counties there was a

of accounts, but in three of the

only a single bank,

all of

small

size.

During

and even with a certain amount of anxiety;

the half year, the amounts deposited, exclusive of interest

and we believe we state the truth when we say
interest or
have seldom been looked forward to with more
last occasion.
this
on
than
anxiety
more
with
resolved to test
It was known that all the factions were
the
Bonapartists,
their strength— the Monarchists, the
was
there
Republicans—and
Intransigeants, the Moderate
estian eager desire to know what should be the nation's
part
the
on
strength
of
increase
Any
mate of Gambetta.
have been
of the Monarchists or the Imperialists would
interpreted as signifying reaction, and would most un-

that they

so credited, aggregated $70,946,232; amounts withdrawn,
The figures before us are more meagre
$60,815,254.

Any increase of
doubtedly have had a disturbing effect.
strength on the part of the Intransigeants or extreme
republicans would have implied that the republic was

In our issue of the 13th instant, in an article entitled " Selling
One's Personal Influence," we referred to the decision recently
rendered by the United States Supreme Court in the case of
Oscanyan vs. the Winchester Repeating Arras Company. Our
intention was simply to narrate the facts as presented and to
explain the rule laid down by the Court to apply in such eases.

with

interest,

An unqualified
and that danger was ahead.
encouraged
would
have
Gambetta
triumph on the part of
dangerous
The
dictatorship.
the
led
to
have
and might
The Monarchists have
possibilities have all been avoided.

drifting

assets

could wish, and do not permit any analysis of
nor comparisons as to rate of interest realized and paid,

&c.

Yet they are

than

we

sufBcient to

show

that the

wage earn-

unmindful of thrift, and are
There is no more satisfactory fact
laying up money.
which can be recorded, in any country.

ers are prospering, are not

SELLING PERSONAL INFLUENCE.

to bring to the notice of manufacand brokers the limits within which
Mr.
it is lawful to negotiate contracts and exact a commission.
Lad no encouragement; the Imperialists have been prac- Oscanyan now sends us a communication in which he goes over
and neither the friends of Gambetta nor the subject at great length, in criticism of the soundness of
tically ignored
The one the Court's conclusions. Our space will not permit us to pubthe extremists have had it their own way.
It

was thought important

turers, merchants, agents

;

lish his remarks in full, but the gist of them is given below.
He says
taken
change
has
If any
consolidation of the republic.
. » » * The principles involved affect every transaction with the
disposigrowing
in
the
revealed
place at all, of late, it is
Government, and the rule laid down by the Supreme Court is so broad,

visible feature of the elections is the

tendency towards the

tion to be contented with the republic.

On

the part of

no longer any fear of anarchy or

the Moderates, there

is

of the reign of the

Commune.

Hence we

are told that

slightly " inclined

in their speeches they have

to

more

and that the members of the pure Left

radical views;"

have shown a "tendency

to

approximate to the principles

of the republican union."

our judgment France has
expressed
it clearly and in the main
mind
expressed her
judiciously.
"We look upon the elections as having given
It will thus be seen that in

—

a public declaration to this

effect:

— "The

It has not been
fairly and satisfactorily tested.
found wanting. Hitherto we have been somewhat doubtHenceforward we
ful, and disposed to exercise restraint.
are willing to trust, and to give the republic scope and

freedom of action." As to the future, much will depend
upon Gambetta, who, in spite of his apparent defeat, is still
"France," he says, "needs not a proa power in France.
gramme, but a government and a policy." It would seem
from this that he is prepared to take office. Time will show.

JULY CONDITION OF THE SAVINGS BANKS.
The semi-annual
show that

deposits,

for ea«h

returns of the savings banks of this

their assets

$370,672,297;

$100

of liability.

1 were $424,204,808;
$53,303,384— $114-44
certainly a most satis-

on July

surplus,

This

is

factory exhibit, and the

movement of business during the
half year is equally so.
The number of open accounts is
995,742, showing an average of $372 24 to each account.
In this city the average is $384, and in Brooklyn $367.
The average in the State at the beginning of 1879 was
$369 22;

Justice Field, in writing the opinion of the court, says " such contracts
are void as against public policy, without reference to the question
whether improper means are contemplated or used in their execution.
The law loolis to the general tendency ot such agreements, and it closes
the door of temptation by refu-ing them lecognition in any of the courts
of the country." Thus a broker may be employed to procure a contract
from the Government, and no matter how honorable the means he
employs, if his principal refuses to pay him for his services the United
States Supreme Court will not lend him its aid ; but will refuse
to enforce his contract while the principal can pocket all the givins t
*

republic has

been

State

*
*
that no one can recover compensation for i>rocuriiig a contract
from the Government, whether the means employed are proper or corrupt. It will net permit a broker to negotiate a contract in which the
Government is a party. • » ' The decision ot my case was based oa
the decision by the same court of the case of the Tool Company vs.
Norris, reported in the 2 Wallace, page 45, where the court in its own
language laid down the following rule: " An agreement for compensation for procuring a contract from the Government to furnish it supplies
Mr.
is against public policy, and cannot be enforced by the courts."

at the beginning of 1878,

A********

As I am an interested party I do not expect my opinion will receive the
same weight it otherwise would. But I have the conpolation of knowing
that the Court of -Appeals of the State of New York disapproves the rule
of the tTnited States Supreme Court. The Court of Appeals holds that
the bettor way is to look into the facts and circumstances of each case
as it arises and see whe'.her or not any improper m°ans have been
resorted to in procuring the contract. In the case of Lyon vs. Mitchell,
36 N. Y., 243, Judge Hunt, then of the Court of Appeals, now of the
TJnited States Supreme Court, although be did not sit in my case,
speaking of the Tool Company case, says '• I think that case not well
»
•
•
«
considered and cannot adopt it for au authority."
It will be apparent from these various quotations that there
*
*
two
a
very
dilfereuce
of
opinion
between
the
la
wide
eminent courts, the Supreme Court going upon the principle that in
transactions in which the Government is concerned, corruption will be
presumed, and the Court of Appeals upon tlie principle that in such
cases corruption will not be presumed, but must be shown iu eacli case.
Unfortunately my own case fell under the jurisdiction of the United
States Courts. It was tried iu the Post Offlce building, at the lower end
of the City Hall Park. If it had been tried in the County Court House,
at the other end of the same park, the auihority of the Court of Appeals
would hijve been binding, and a dittereut result would have been
reached.
I feel that
I have
I feel
been wronged, grievously wronged.
especially aggrieved by the decision because while I am deprived
«
•
of my just compensation, no public good is advanced.
KustemBeywas sent to this country to examine and report on anna
and ammunition. Although an able and educated man, he did not understand the English language, and was a stronger to the soil and customs of the country. He was an old and familiar acquaintance of mine.
The manufacturers and dealers in anns were unable to find any one as
well quaUlied as myself to present their various arms, &o., lo the consideration of Rustem Bey. The Turkish Government permitted me to
act in the capacity of commission merchant, and to receive commissions from the sellers as compensation for gratuitous sirvioes. In my
position of Consul-General (entirely honorary) [ owed no duty and
bore no relations to that government iu these transactions.
:

As the

decision of the Court is final, and no review or reversal
can be obtained, any newspaper discussion of the case now
would be useless and unprofitable, though the point Mr. Oscan-

of

it

$370 40. In this
was $383, January 1, 1877; $388, July 1, yan makes that the New York Courts might have decided the
1877; $363, January 1, 1878. The tendency of large question differently is interesting. But we think it going too far
accounts, belonging to persons not strictly of the class for to say that under what the Supreme Court has decided, a conwhom savings banks exist, to gather in them, still continues, tract to supply Government cannot be negotiated by an agent or
broker. As we understand the decisions they relate only to unas is natural

city

alone

it

in times of low interest rates; in 1866 the
average deposit in the city banks here was only $281.
The number of accounts opened during the half year is

124,541; accounts closed, 81,449, showingan increase of 43,4^ per cent on the number standing open

092, which is about

dertakings of agents or brokers to exert personal influence for
compensation largely contingent on obtaining a contract. Employment of commission merchants and brokers, upon customary moderate commissions, to lay before purchasing officers
information on the character and value of supplies offered, is
expressly excepted from the strictures placed upon bargains for
the exertion of political or personal influence.

Avavtr

THE CHRONICLE.

27, 1681]

IMPORTS AND EXPORTS FOR JULY, AND FOR
THE SEVEN AND TWELVE MONTHS

ENDED JULY
[Prcpnrod

31,

1881.

$10,699,460
13.710,587
108.689,426
44.874.081

31. 1881
31, 1880
S^ven luontlm iMidod July 31, 1881
31, 1880
cndodJuly
months
Beren
Twelve months pmlml Jnly 31. 1881
31, 1880
emledJuly
months
Twelve

Month cmledJuly
Month <'nilc(l.rnly

256.691..591

171,750,150

excess of exports or of imports of gold

and

silver coin

and bullion was as follows:
$177,222
324,451
22,633,432

cndi-d July 31, 1881 (excess of exports)
(Milled Julv 31. 1880 (uxccss of imports)
Seven mouths enied July 31, 1881 (excess of Imports)
Seven months ended July 31, 1880 (excess of imports)
TwolveuiontUsended July 31, 1881 (excess of imiwrts)
Twelve monthseuded July 31. 1830 (excess of Imports)

Month
Month

1.196.277
90,666.977
76,156.369

valaes of imports and of domestic and foreign
exports for the month of July. 1881, and for the seven and
twelve months ended July 31, 1881 and 1880. respectively, are
presented in the following tables
(Corrected to August 23, 1881.1
MBRCHAKDtSB.

The

203,633
Vtt

Oregon

Oswegutchle, N.

Below Is given the first monthly statement for the fiscal
year 1881-82 of the imports and exports of the United States.
The excess of exports of merchandise was as follows:

The

Ac.

iVorfollc,

Oregoti,

Imports,

t.

Y

Niagara, N.

the Bureau of Btatlattos.l

lir

Customs Dislrle

216

Oswego, N. Y
Passamaqaoddy,

ISO

Y

127,648
289,220
71.259
043

Me

Pearl River, Misa
Pensncoln, Fla

1,504

Pa

Phlladclphl.i,

Fortlann, ice.

!,

Me
W. T

Puget Sound,
Kleumond, Va
Saluria, Texas
San Francisco, Cal
H.ivannah,

308 .992
87,803
1,640

470
11,438
1,098,709

Ga

46

Vermont, Vt
Willuraelte, Oregon
Wilmington, N. C
All other customs districts.

677,442
81,148
30,180
228.920

Tot.ils

Domestic

Foreign

Expvrts.

Exports.

12,057
176.607
806.498
67,461
212.181
30,660
61.063
140.330
4,151.691
60.491
61,563
204.617
47,003
3,096.906
201.730
141.239

88344
108
26,612

205
33,611

2.57.699

240,581
230,681

109

$52,364,829 $82,008,307

$905,022

plottctat;ijg©ffmmcrciaI||iigtlsTt^cuys

total

:

For the
month of
July.

For Iht 7
mo8 ended
July 31.

For

EXCHANGE AT LONDON AND. ON LONDOK

ElATES OF

AT LATEST DATES.
BXCHANOE AT LOKDON-Aug, 13. EXOnANOE ON LONDON.
On-

rime.

Rate.

mo9. ended
July 31.

Amsterdam

3 mos. 12-4 "4 312-4!!i
Short. 122»3 312-3
3raos. 25-50 925-55
20-68 ®20-72
Hamburg . .
20-68 320-72
Berlin
20-68 ®20-72
Frankfort. ..
13-45 ® 18-48
Copenhagen.
St.Pcters^bg.
2514 ®25»9
Short. 25-22 12 325-30
Paris
Paris
3 mos. 25-47>aa25-52i3
11-90 ®ll-95
Vienna
....
47'-!a47»4
Madrid
25-85 ®25-90
Genoa
5238®52>4
Lisbon
...
Alexandria..
New York...
.

$62,068,367 $476,436,861 .$875,947,323
99.">.922
11.973,064
18,468.741
$63,064,289 $488,411,925 $894,416,066
52.364.829 379,722.499 637.724.475
Imports
Excess of exports over imports $10,699,460 $108,689,426 $206,691,591
Bxcees of imports over exports
...

.

$70,030,989 $476,0.53,611 $843,921,640
7,625,670
11,800,731
978.580
$71,015,569 $483,679,281 $855,722,371
57..'?04,982 438,803,200 683,972,221
Imports
Excess of exports over Imports $13,710,387 $44,874,081 $171,750,130
exports
Imports
over
Excess of

1880.— Exports— Domestic

.. ,.

Foreign

Total

OOLD AND SILVER—COIN AS* BULLION.

Bombay

....

30 days

Calcutta
Hong Kong..

Is.
Is.

7\^.
7%d.

•••

8hanfirhai

188 1.— Exports— Dom.— Gold
Silver..
do
Foreign— Gold
do Silver.

$93,631
1,270.135
18.730
210.030
$1,598,526

.

Total

Imports— Oold

$750.8.';2

670,452
$1,421,304

Silver

Total

Excess of imports over exports
£xce«« of exports over imi>ort8

1880.—Ex iwrts— Dom.— Gold.
do Silver..
Foreign— Gold
do Silver..
Total.

Imports— Gold

.

Silver.

Total
Excess of exports over imports
Excess of imports over exports

i

$1,216,172
$1,863,052
9,151,403
13,322,580
678,408
732.555
1.988.105
4.346,527
$13,034,088 $20,284,714
$30,227,918 $100,537,781
5.439.602
10.413,910
$35,667,320|$H0,951.691
$22,633,432 $90,666,977

177,222

$36,886
348,192
5.f00
310,581
$720,659
$244,330
800,780
n,045,110
"$32 4.451

$481,650
3,116,195
1.859,782
3,337.648
$8,795,275
$3,334,835
6,656,717
$9,991,552

$1,485,636
7,427,583
1.865.496
5.861,035
$16,639,750
$80,751,345
12.044.974
$92,796,319

$

$-

1,196,27:

Time,

76,156,569

TOTAL MERCHANDISE, COIN AND BULLION.
$03,432,133 5486.804. 436 $891,132,957
1.230.682
Foreign
14.641, 57';
23.567,823
To<al
$64. 662,81.0 $501,446,013 $914,700,780
53,786.133 415,390,019 748,676,166
Imports
Excess of exports over Imports $10,>)76,682 $86,035,994 $166,024,614
Excess of Imiiorts over exports

1891.— Exports— Domestic
(

Aug. 13 Short.

Amsteri'.ani

Antwerp
1881. -Exports— Domestic
Foreign
Total

Latest
Date.

Rate.

the 12

12-10

....

AukAug.
Aug.
Aug.

13 Short.
"
13
•*
13

13

*'

2.5-31

20.50
20.50
20-50

....

Aug. 13 Short.

25-27>«

Siiort.

117-60

Aug. 13 3 mos.

25-30

Aug. 13

....

Aug.
Aug.
Aug.
Aug.
Aug.
Aug.

10 3 mos.
13 Short.
13 4 mos.
"
13
tt
13
"
13

07%
4 82
Is.
Is.
3s.
68.

7i»i,d.
713, jd.

8»»a.
lial.

From our own correspondent.
London, Saturday. Aug. 6, 1881.
Owing to some rather considerable withdrawals of gold from
the Bank of England, on account of the Italian loan, the money
market has assumed a somewhat firmer appearance, and the
rate of discount for three months' bank bills has improved to
I

I

1% to 1)^ per cent. The directors of the Bank of England
have made no change in their published quotation, which
and there is now no expectation of
remains at 2}i per cent
any reduction being made, as an improving demand for money
is looked forward to, while at the same time some important
;

movements in gold are expected to take place during the summer months. There is not, however, any apprehension at
present of money advancing materially in price, as the same
forces are in existence which have for some time past tended
materially to keep the rates of discount at a very moderate
point.
But while the trade demand for money shows but few
indications of improvement, there is an increasing: inquiry for
money for commercial purposes, and that has the effect of
enabling the banks and discount houses to obtain rather better
It cannot be said that the Bank minimum of 2}^ per
cent represents the condition of the market, as bills are freely
discounted at l)i per cent. The difference between 1^ per

terms.

1880.— Exports— Domestic

$70,442,067 $479,651,156 $852,834,859
1,294.161
12,823,100
19,527,262
$71,736.22- M92.474.556 $S72,362,121
Total
58.350.092 448.796,752 776,768,540
Imports
Excess of exports over imports $13,386,136 $43,677,804 $95,593,581
Excess of imports over exports
....

Foreign

The

following is a statement showing, by principal customs
the values of merchandise imported into and exported
the United States during the month of July, 1881:

districts,

from

CuHimt

Imports.

Dittricts.

Baltimore, Md
Boston, &c.. Mass
Brazos, &c., Texas

Bruoswiek, Ga
Bulblo CYeek, N.
Champlaln, N. Y
Charleston, 8.
Chicago, 111

$1,131,989
5,026,522
29,727
73
2P5.082
273,231
34.398
183.443
20.006
27.330
181.807

Y

C

Corpus Christl, Texas
Cuyahoga, Ohio...
Detroit. Mirh .
Duliith. Minn....
Galve«ton. Texas

.6.743

89,173
41,331
141,303
5.159
5.120
66.504
29,256
693
79,418

Oenessce.N.Y
Huron. Mich

Key

West. Florida

Miami, Ohio
MUwauicee, Wis
Minnesota. Minn

Alabama
New Haven, Conn
New Orleans, Lo
Mobile,

New

Yorlt, N.

Y

.

...

931,2.^4

36.670.702

Domestic

Foreign

Exports.

Exports.

$3,585,798
6,594,173
92,665
92.340

$1,031
78,915
45,615

12,061

280,141
393,018
634,927
35.422
290,020
145,928
122,198
163.616

"i'.423

7,937
1,163

27,489

,52,141

920,09J
57.665
187.043
173.300
203.681
204.449
424.469
4.549.636
30.689.528

24.233

6,140
704.013

2^ per cent is considerable, and more activity must
manifest itself in the money market before the directors of the
Bank of England will feel themselves justifled in augmenting
their terms. There is, however, some reason for believing,
now that we are entering upon a new season for imported
produce, that further supplies of gold will be sent to the
United States towards the close of the summer and in the early
cent and

autumn; and the possibility of this leads to the belief that
money must become dearer in the course of the present year.
period
It was very generally thought early in the year that the
quotaThe
us.
from
departed
for
time
a
had
money
of cheap
tions improved in January, and a further advance was expected
to take place

;

the discount houses, in order to attract deposits,

raised their allowance of interest, and a period of moderate
activity in the money market was anticipated. But there came

a sudden change, and since the close of January the market
has been in a condition of considerable ease. With the commencement at an early date of another season, capitalists are
looking forward to a better return for their money, and in
trade circles there is a hope that the state of the money market
There
will indicate that there is more animation in business.
as
but
not
good
is
trade
complaints
that
;
nevertheless,
are,

THE CHRONICLE.

216

[Vol.

XXXIII.

conducted with caution, though, no doubt, with less abundant, and that the publio are making investments in
directions.
small profits, a certain degree of soundness eiists. Failures other
Tenders were received by the Crown Agents for the Colonies
are not numerous or important, and should any difficulties arise
for £200,000 Jamaica 4 per cent debentures. The total applicain the future, they are much more likely to be in connection
with public companies than with trade. Some subscribers to a tions amounted to £285,600. Those at and above £98 lOs. 6d.
full, and those at £98 10s. about 60 per cent.
British mine have already made applications to the Master of will receive in
of gold has been taken out of the Bank for
A
fair
amount
company's
from
removed
the
names
their
the Rolls to have
register of shareholders, on the ground that the prospectus exportation, chiefly to Italy, and the quantity held by the
contained misrepresentations as to the value of the property. Bank of England is much reduced. The silver market has been
Their applications have been successful, and it would surprise steady, and fine bars are now quoted at 51 5-16d. per ounce.
The report of the Controller in Bankruptcy for 1880 has justno one if similar applications were made in other directions.
been issued, and the document is, on the whole, satisfactory, as it
Still, it would take a good deal to bring about an immediate
shows that there has been a diminution of insolvency. The
crisis in connection with the public companies which have, of
Nine-tenths of total number of bankruptcies, liquidations and compositions
late, been so freely introduced to public notice.
the capital is being raised in shares of £1 denomination, and this which was 13,132 in 1879— was last year only 10,298. The
has enabled small capitalists to take a few shares. There are, liabilities also show a diminution from £29,678,000 to £16,188,business

is

no doubt, some who have judiciously invested their money in 000, and the assets from £10,194,000 to £4,701,000.
The gold movements and the prospect of dearer money have
several undertakings, and have thus endeavored to minimize
any possible loss. These cannot come to much harm but there had an adverse influence on the Stock markets, and prices
are others who have been less prudent, and who have invested have almost generally declined. The railway dividends declared
their savings in one undertaking, which may or may not prove during the week have been disappointing, and this has been an
Until, however, the companies have additional reason for the reduction which has taken place in_
to be a fortunate venture.
had fair play, and until the directors of them have had time to prices. Consols are now quoted at 100% to 100/2 for money
show results on which complete reliance can be placed, it and 100^ to 100% for account.
would be premature to speculate too much upon this new comSome rain has fallen during the week, but only in sufiicient
pany mania. So far, it has been successful; that is to say, to quantity to beneflfc the crops, especially those of roots and
the promoters but shareholders must wait some time before grass. It will also do good to cereals, as they have been ripenthey can assure themselves that to them the bargain has been ing quickly, and the rain and reduced temperature will
equally profitable.
have the effect of increasing the bulk of the grain. The wheat
Money has been in very fair demand during the week and trade retains, however, a firm appearance, though no activity
gold has to a considerable ejtent been taken out of the Bank is apparent in it. The supplies of home-grown produce arrivfor exportation to Italy. The market has presented a firm ing at market are very limited, and it is very evident that last
appearance, as already said, the rates of discount being now as year's crop is nearly exhausted. The weather has, however,
under
been favorable for harvesting the crops. The rain which fell
Ptr cent. Open market rates—
Percent. came down on Sunday, and since then, with the exception of
a
2l2
Bank rate
4 mouths' bauk bills
l''a®'.2
Open-market rates
6 months' bank bills
2 ®2i2 shower or two, there has been nothing to interrupt harvest,
30 and 60 days' biUs.
1%
4 <& 6 months' trade bills. 2\9J^
work. A good deal of wheat has now been cut in the south of
3 mouths' bills
1%
England, and there is nothing to prevent it being stacked, as
The following are the present rates of interest allowed by
the produce is dry and does not require to be left long in the
the joint-stock banks and discount houses for deposits:
fields.
The accounts regarding the harvest vary considerably,
Per cent.
Jomt-etock banks
li^ and there is an inclination towards the belief that the crop will
,
Discouut houses at call
1
not show so much excellence as far as quality is concerned asC
do
with 7 or 11 days' notice of withdrawal
IJ4
The following are the current rates of discount at the princi- had been anticipated. In several localities, the yield will be
light but there will undoubtedly be some very good crops,
pal foreign centres
and, compared with former seasons, a vast improvement.
Bank
Ofien
Bank
Open
rate.
market.
rate.
market
During the week ended July 30 the sales of home-grown
Pr. ct.
Pr. cl.
Pr. ct.
Pr. ct.
wheat in the 150 principal markets of England and Wales
SPsrls
..
3ht
3% St. Petersburg...
6
Amsterdam
..
3
2%
Geneva
4
41a
;

;

—

—

;

. .

Brussels

31a

333

Oenoa

4

4

Berlin

4

314
3>4
3'4

Vienna

4

4

amounted

Madrid, Cadiz &
Barcelona ...
Lisbon & Oporto.

Copenhagen

Bombay

4

5
5

4
3iaa4
4

31a

Annexed

is a statement showing the present position of the
of England, the Bank rate of discount, the price of con«ol8, the average quotation for English wheat, the price of

Bank

middlitg upland cotton, of No. 40 mule twist, fair second
quality, and the Bankers' Clearing House return, compared
with the three previous years.
Orculatlon, excluding

bank nost

bills

Pnl)lio deposits

Other deposits

Oovemm

t

.

securities.

1881.

1880.

^

S

27,667,525 28.074.455
4,161,431
5,25.5,168
27,2.59,0.59 24,977.535
15.««5,260 15,760,688

1879.

£

29,650,795
4.453,353
32,262,280
16.802,193
17,469,385
20,708,228
>

28,177,085

I'-l-iO-SOB
SStl'*?"".'""'.---Eesveofuotes&coMi. t9,-^'d''*^'''
13,329,160 15,537,283
Coin and bullion in
both dcpartmeuts.. 23.240,694 28,611,738 35,368.023
.

Proportion of reserve
to

price.

Mid. Upiiuidcotton...
IJo.

40

3,62-2,089
19.9.«6,659

14,967,178
18,309 896
8,602,963
,u'v^"
,

21,780.048
u ,« t.
,

42'10

lialiilities

Bank rate
Cpnsols-v
Eng. wheat, av

1878.

i

.Mule twist. .

.

2is p. c.
lOO's

2ia"p.c.'

•IJ"; l<i-

44s. 23.

611,3(1.

6i3i„rt.

10 ia'd.

W^s

u 4d.

Zp.ii
§731
49s. 3d.

66i«d

M.

Clear'K-house return. 124,793,000 123.811,000 102.473,000

4pVo.

to

quarters,

13,235

against

13,752

quarters last

year and 18,212 quarters in 1879 ; while it is estimated that
they were in the whole kingdom 52,940 quarters, against 55,000
quarters and 72,850 quarters. Since harvest the sales in the
150 principal markets have been 1,590,268 quarters, against
1,361,079 quarters

and

2,437,817 quarters; the estimate for the'

whole kingdom being 6,361,100 quarters, against 5,484,500
quarters in the corresponding period of last season and 9,755,250
quarters in 187S-9. Without reckoning the supplies of produce
furnished ex-granary, it is estimated that the following quan-.
titles of wheat and flour have been placed on the British markets
since harvest. The visible supply of wheat in the United
States is also given
:

1S3I)-1.

Imports of wheat.cwt. 53.735,398
Imports of dour
11,587,118
8ales

of

1878-9.
1879-80.
53.960,980 45,868,964
8,409,969
9,553,043

1877-8.
51,904,751
7,674,587

home-growu

produce
Total

30,565,000

23,766,000

42,272,640

32,587,500

93,837,516

92,166,838

87,280,023

96,531,573

1,312.033

1,.538,703

1,729,570

1,601,996

Result
94,545,433
Av'ge price of English

85,741,320

94,322,003

90,564,842

Deduct
exports
wheat and flour

or

97^sid

498.3d.
63, „d

lo4d
95,288,000

Tenders were received at the Bank of England yesterday for
«1,476,000 in Treasury bills. The amounts allotted were In
biUs at three months, £971,000; do. six months,
£505,000.
:

Tenders for bills at three months at £99 7s. 6d. will receive
about 37 per cent, and above in full; and for bills at six months
at
£98 15s. 6d. and above in fall. The Government is paying,
therefore, about 2)6 per cent for loans. It is explained
that
this comparatively high rate for money
which has to be paid by
the Government is due to the fact that the applications
from
the public were few, and that the Bank
took the balance at
their minimum. It is, however, an
indication that money is

"

'•

-rh(
wheatfor
sea.son (qr.)
433. 5d.
Visible supply of wheat
In theU. 8.... bu8h.l3,000,000

463. 4d.

41s. Id.

13,400,000

14,332,416

50.^.

3d.

6,092,091

The following return shows the extent of the imports of
grain into, and the exports from, the United ICingdom during
the forty-nine weeks of the season, compared with the corresponding period in the three previous seasons

:

IMPOBT8.
1880-81.
cwt. 33.735,398

WTieat
Barley
Oats
Peas

1(1.413,805

Beans
Indian
Flour

com

10.006.733
2,236.930
2,282.916
33,865,973
11,587,118

1879-80.

1878-79.

53.960.930
12,061.313

4.), -(63.964

13..5at,825

10.:)62.195

1,945,772
2.585.431
27,990.251
0.533,043

35.917,726
8.4u9,909

9,7-.'4.333

1,335,743
1.6iM),452

1877-78.
51,901,751
13,423.125
11,623.984
1,700.456
2,667,070
33,383.246
7.674,587

Acocax

THE (^HRONJCJLK

27, 1881.

217

KZI-ORTB.

Wboat
Bwley

owt.

Osta

FeM

...

Beaiu

1880-81.

18T9-S0.

I,102,4.'ig

1878-70.

1877-78.

1,344.0.^8

..^o^.:^78

»2,937

29.832

107.072

62.liT6

6033.M
IIO.SW

9l.JtiO
9S.!>28

05,.->12

41,3 iO

4».l\n

8l,27a
730.178
191.a45

Indian corn

22fl.M1tl

Hour

119.U;:5

24.91)3

19,11211

10.777

111.7112

238.772
88.S52

1CJ.107

13, 1881.

Per UHl.

bnnki

liuuMw at oalt
Do
wltb 7 or

'Miiooiiiit

1,61».44J

47ti,«3l

London. Saturday, Aug.

Jnlnt-irtook

U dan' notloe

The

following statement shows the present position of th«
Bank of England, the
rate of discoant, the price of eonaola,
the average quotation for Ensrlish wheat, the price of middling

Buk

upUind cotton, and of No. 40 mule

twist, fair 2d quality, and the
Bankers' Clearing House return, compared with the three pre
vious years
:

Owing to further withdrawals of gold for exportation, the
money market has contiaut^d tu rale flrin but the directorH of
the Bank of England have not thousht it necessary to advance

Olrculatldn,
nxcliirtt
Uix H.iiik poDtblllii. 27,391.175
PnliUr (Icpoalta
4,l.'5-',737

27.ft22.''70

29,246.985

27,T70,4afr

5..521.6H8

Other

5,4»7.9!7

Oovornrn'tRi-cuiUled.

2.').7K7.2i)2
14.a«i:i.(l49

2.'t.8U«.H81

their rate of dincDunt, which consequently remains at 2}^ per

Otliei- 8cM',iiritU'8

20, 27,"0H

17.13/.987
16,157,437

31.290.820
16.802.194
17.138.710
21.150.033

3.534.304
21,000,831
14,967,178
18.060,419
8,912,764

28.680.207

35,403.618

;

The increa.se in the value of money in the open market
almost entirely due to the gold demand for export, but it is
said that there has been some improvement in the commercial
inquiry.
At this period of the year it should be expected,
but it is certain that it has not yet assumed any important
form. The trade of the country remains quiet, and there is no
reason for believing that there will be any departure from the
cantious policy which has now been adhered to so long. On
the contrary, we are more ju.stitied in arriving at the conclusion
that the period of somewhat timid trading will be prolonged,
as the money market shows indications of being disturbed
daring the autumn months by gold movements, though there
are no apprehensions of actually dear money. On previous
occasions since 1S70 there have been frequent spasms in the
money market, and the rates of discount have been rapidly
advanced, only, however, to retreat to their former point as
soon as the de-tirable effect had been produced. Now that Italy
is baying gold out of the proceeds of the late loan, and as some
gold has been lately sent to the United States, the London
money market may be expected to be periodically alTeeted; but
the recent demands upon our resources have had but little
influence upon the market, and should any disturbance again
arise, the usual means may be expected to be adopted to check it.
The withdrawals of gold for transmission to Italy cannot, if
the credit of that country is maintained, be very hurtful to us,
as the supply of gold in the Bank of England is still about
f25,000,000, and it can be made less ea<<y to procure by making
the terms more onerous. We are not indebted to Italy, but the
Government of that country having, as it were, opened a large
credit by the success of its loan, it is able to sei to work to
carry out the design of establishing a gold coinage, which has,
for some years past, engrossed its attention. But to a comparatively poor country like Italy, the course is not entirely a
smooth one, and it is by no means improbable that the Government of Italy will incur a large expense without equivalent
advantages. Germany found the process a tedious one, and
experienced difficulty in retaining the gold when coined.
Should the movements in gold be of such a character vs to
necessitate higher rates of discount, Italian and other stocks
would be offered for sale, and the foreign exchanges would be
speedily rectified.
We should thus exercise our power, which
IS very great, of attracting gold, and Italy would find that to
keep up the state of ostentation of her neighbors is costly and
cent.
is

vexatious.

There has been a settlement on the Stock Exchange this
^eek, and money for shg,rt periods has been more in demand;
but no pressure has been experienced, and the account has
pa.ssed off satisfactorily.
The effect of the gold movements up
to the present time has been to raise the open mai-ket quotations much nearer, to those which prevail at the Bank of

England.

At one period the open market rate of discount was
per cent, but it is now 2M per cent, with an official
minimum of 2^ per cent. An anomaly has therefore ceased
to exist, but there may again be some disparity between the
under

1^

^

1881.

(li'iHiMlia

1

Rps'voofiiotc* Acoln 13.032,367
Coin and bullluii la
botU dcimrtmeuta.. 24.673.742
Baiik rat<;
2'« p. c.
Proiwrtlon of reserve
to ll;»l)ilitic8
43'1
Consols
100\

BUK. wheat, av. price

1880.

1879.

A

1878.

M

»

16.3(54,758

2>9 p.

2

0.

p. 0.

98 >8

21,033,219
3 p. O.

99

»7«»

464. 9cl.
43*. 9d.
40s. '.d.
Mid. Upliiiid cotton ..
6\
6"i^.
Vo. 40miil<^ twist
1 1 »4d.
10>ad.
9<1.
Oljarln<;-Uouso ret'n. 103,706.000 92,861.000 78.752.000

44s. Id.

80.136.000

The

following are the current rates of discotint at the prineipal foreign centres
:

Bank

Open

rate.

market.

Pr.
Paris
A.msterdaiu
Brussels

Senoa
Berlin

et.

an

Pr.

338

St. Petersbiira:

3

2\

Geneva

3'fl

339

4
4

4

Madrid. Cadiz i
Barcelona
Lisbon A Oi)orto

3>4
314
314

Frankfort

Hamburg
Vienna

The

Bank

Open

rale.

market.

Pr.ct.

et.

Copenhagen
Calcutta

6

.

Pr.

et.

9>4

***
;

4
4
3>«34

5
5
3>«

5

4

4

company movement shows rather distinct signs of
exhaustion. The increasing value of money may be one cause
of this, but a more substantial reason is, that the shares of
many undertakings have fallen to a discount, and that some
distrust in consequence prevails. The public have been very
freely warned of the responsibilities they were incurring, and
of the speculative investments they were making. They seem
public

have followed the advice of advertising stock brokers, who
circulars, which seem to have
had a fascinating influence on those who have been thrifty
enough to save, but whose further judgment has been at fault
or weak. Before very long some of these companies will be
compelled to wind up, and lawyers and accountants will, as after
former follies on the part of the public, continue to augment
to

issue, periL dically, plausible

own wealth.
The weather has been

their

unsettled during the week, and some
being felt with regard to the harvest. The rainfall
has not been serious, and will prove to be of great advantage
to the crops of roots and grass; but a large quantity of cerea'
produce is in the field waiting to be stacked, but which most
remain, if the weather permits, to dry. The reports regarding
the crop of wheat vary considerably. It is doubtful if it will
amount to an average, and the quality will be less satisfactory
than had been anticpated, if the present rains continue. Mr.
H. Kains. Jackson takes a favorable view of the crop, and expects
an average yield per acre of good quality; but other authorities
are not so sanguine, and believe that, although the crop will be
larger and of better quality than in 1879 and 1880, it will be
below the anticipations which had been formed of it. The crop
will undoubtedly be below seasons of abundance, a moderate
increase over two such indifferent seasons as those of last year
and its predecessor being insufficient to constitute a really
good crop. A few small parcels of new wheat have been
offered for sale, and at Reading, in the neighborhood of which
town the soil produces some of the best wheat grown in the
Kingdom, 563. and 58s. per imperial quarter has been obtained.
The price of wheat has been rising during the week, as accounts
of th6 world's harvest do not lead to the expectation that there
has been much additional production. The Russian crop is,
however, a good one, and should there be any deficiency ia
America, Russia will bo able to supply the loss. The trade is

anxiety

is

open market official rates of discount should important gold
movements compel the Bank authorities to increase their
terms. The money market is being by no means supported
by
a good commercial demand, and it is doubtful if it will be in
the near future. It must undoubtedly be subjected to soma expected to rule firm, until larger supplies of new produce
uncertainties for some time to come, and an uncertain money arrive at market, but the state of the weather mtist exercise
market is seldom favorable to active trade.
the present quotations for money:
Bank

Per

cent.

rate

Open-inarkpt ratps—

30 and 60 days'
3 mouths'

bills

bills

2>4
214

The following are

During the week ended August 6, the sales o€ home-grown
wheat in the 150 principal markets of England and Wales
amounted to 12,743 quarters, against 15,144 quarters last year
and 15,857 quarters in 1879 while it is computed that there were
in the whole kingdom 51,000 quarters, against 60,600 quartew
for and 63,500 quarters. Since harvest the sales have amounted in
the 150 principal markets to 1,603,011 quarters, against 1,886,250

Open-market rates—
Per cent.
4 months' bank bills
238»2iii
2i3»2»8
6 moiith.V bunk bills
4 A 6 mouths' trade bills. 2Ja»3

The discount houses have advanced their rates of interest
^ per cent, and the quotations are as follows

deposits

:

considerable influence just now.

;

THE CHRONICLE.

218

in 1878-9 ; the estiqo&rtere in 1879-80 and 2,454,612 quarters
quarters, against
6,412,100
being
kingdom
whole
the
for
mate
two previous
the
in
quarters
5.545.000 quarters and 9,818.700
the snppUes of proseasons, respectively. Without reckoning
famished ei-granary at the commencement of the season,

In our report of the dry goods trade will be found the imports
of dry gooas for one week later.
The following is a statement of the eiporta (exclusive of
specie) from the port of New York to foreign ports for the
week enciing Aug. 23, and from January 1 to date:

EXPORTS FKOM KEW TOKK FOR THB WEEK.

duce

flour
estimated that the following quantities of wheat and
harvest. The
since
markets
British
on
the
placed
have been
is also given:
visible supply of wheat in the United States

[Vol. ZXXIIi.

it is

1879-30.
55,6^1,400
9;7aO,165

1880-81.
54, f 2^,372
!^:ri;769;i00

TmnorM of wheat owt

iS^rtSof^Suf

:

1878-79.
47,780,389
8,591,848

1877-78.
52,459,167
7,750,816

"^^u4.''.°'°.!?!^!'°30.785,520 23,928,500

42,548,600

33,183,250

59,400,065

98,920,837

93,393,233

97,382,792

Total

'

1,561,142

1,742,701

1,647,277

87,838,923

97,178,136

91,745,956

438. 6d.

46s. 3d.

41s. 3d.

50s. 2d.

^Btall«"!^''."'.i°.busi;a6,750.000

14,200,000

15,189,594

6,527.058

°^ll^\ and^o'i^-."

1,362,992

96,019,800

Regnlt

'^wOt'^s^fqr).

.

«7.01 1,880

.

216,311,605

Prey, reported..

Tot«l sVe Jan.

1880.

$6,211,377
204,867,763

The following

and imports of specie
ending Aug. 20 and since

EXPORTS USD IMPOR-rS OF 8PECIB AT

Barley
Oat«..'

Pea«
Beans

com

Indian
Flour

Wheat

cwt. 1,212,004

Barley
Oats
Peaa

53,308
603,499
110,938
44,487
226,747
150.9 88

com

Indian
Flour

Imports.

Since Jan.

1878-79.
47,780,339
9,879,100
11,251,312
1,550,169
1,670,208
37,018,566
8,591,848

1877-78.
52,4.i9,167

13,751,727
11,941,270
3,822,839
2,704,394
36,645,306
7,750,816

6,50(j

2,000

107,8.50

96,240
26,679
17,893
518,191
166,100

20,019
20,292
239,785
90,702

Bazliob market Keports— Per Cable.
daily closing quotations for securities, &c., at London,
and for bread-stuffs and provisions at Liverpool, are reported
by cable as follows for the week ending August 26:

London.

Sat.

d. 51 "a
Bilver, per oi
IOU618
GoDSOls for money
100T,„
Console for account
Fr'ch rentes (in ParisI fr. 86-2,13

Ssext'n'd into3>a8 10431
4ia8 of 1891
II614
4e of 1907
119%
4413
Erie, common stock
13.T
nilnois Central

U.
n.

8.
8.
tJ. 8.

Nbw York Central

66
32 13
148

lAverpool.

Sat.
•

Flonr (ex. State. .100 Ih. 14
"
Wheat, No. l.wh.
10
"

Spring, No. 2...
winter. West., n

"

"
white
Com, mix.. West. "
Pork, West. mess. .^ bW
Bacon, long clear, cwt..
Beef, pr. mess, new,^tc.
Lard, prime West, fl cwt.
Cal.

Cheese,

Am.

choice,

rf.

3
9

10 6
10 10

10
6

7
4

72
44
93

6

58

6

new 58

6

3Ton.

Tues.

Wed.

513,8
9915,6
99i5,e

515s
99iSi6
9913i6

Sl'he

8610
104%

9915,8
9915,8

Thurs.

Fri.

51%

51%

991316

8000
104%

3600

99'8
85-80

104%

104%

116=8
11958
1418
I3214

II6I4

II614
II9I3
4414
1321a

II6I4
1191a

43%

1315%
60 'e

32
147

119%
44
132

65%

6659

33

31ifl

147%

afon.

148

Tues.

e.-.'^e

31ii

99%

II914
4313
13i»3
651a
30^8

147

148

Wed.

991116

85-75
104 14
II6I4

Thun.

Fri.

n.
-.4

d.

t.

d.

$.

d.

t.

d.

>.

3

3
9
5

3

14

10

9

U

3

9
5

14
10
10
10
10

14

10
10
10

10

8

11

15
11
10
11

10 10

10 10

9
10 7
6 2
72
45
93
58
58

6
72
45
93
57
58

10 5
10 9
10 7
6 2
72
45
93
37 9
57

9

7
2

6

P

72
45
93
57
r'b

2

6
6

6
72
45

92
57
55

d.
1

9
1

2
6
6
6

©ummctxtal audimsi:cXla ttecrtil5][^tV0S,
The following changes have been
National Banks
In the
Cashier,
In the
to place
In the

Al I

otlier countries

Tatal 1881
Total 1880
Total 1879

made

Sin.ee

in the offijers of

First National E.ink of Consiantine, Michigan, W. W. Harvey.
In place of P. Haslet.
National State Bank, Ogkaloosa, Iowa, M. E. Cults, Prejident,

205.306
100,430

39,996

$59,696

$370,496

2,io6

2,124,502
1,944,86a

Jan. 1

$499,415 $20,519,636
495
2.640,136
4,982.307
950.435
58,255
1,500
195,633
2,225
449,867
104,031

$561,890 $29,842,046
5.546.811
4.145,055

1,035,220
2,176,811

Silver.

$110,500

Germany
1,557.075
62.981
112,968

1,576,601

1,364,167
30,239
95,123
98,977
81,540
731,343
197,075

Week.

1

$56,260

$

Great Britain

19, 700

The

Pennsylvania
Philadelphia & Reading.

YORK.

and

EXPORTS

Beans

NEW

Gold.

:

IMPORTS.
1880-81.
1879-SO.
55,681,400
54,828.172
cwt.
10,463,193 12,103,:109
10,380,355 13,914,787
3,967,337
2,238,550
2,C70,(il9
2,320,239
35,085,914 29,416,464
9,790,165
11,769,100

243,6-J8,941

table shows the exports

New York for the week

at the port of
January 1, 1881:

Exports.

exports of cereal produce into and from the United Kingdom
during the fifty weeks of the season, compared with the corresponding period in the three previous seasons

Wheat

1881.

$9,238,094

$7,254,372
257,335,414

.t223.323.485 ^211.079.140 *264.479.686 l>352,867.035

1

Week.

following return shows the extent of the imports

The

1879.

1878.

For the week

-

$6,684,645
29,650
120,609
10,204

Mexico
South America
Total 1881
Total 1880
Total 1879

6.314
12,093
2,716

24,337
22,760

All other countries

$110,.500

60.282
50.000

$178,977
20,065
60,389
518,887
929,087
113,389
19.257

"iso

$21,603
28,672

$6,892,225
3,271,470
9.935.612

7,148

$1,340,051
3,413,657
5,590.732

Of the above imports for the week in 1881, $60,870 were
American gold coin and $9,022 American silver coin. Of the
exports for the same time $30,530 were American gold coin.
Philadelphia Wilmington

&

Baltimore.—The West Ches-

ter & Philadelphia and the Philadelphia & Baltimore Central
roads, heretofore controlled by this company but operated
separately, will hereafter be worked directly by the company.
The two roads together will be known as the Central Division of

the Philadelphia Wilmington & Baltimore. The West Chester
road extends from West Philadelphia to West Chester, 26
miles ; the Baltimore Central, from Lamokin Junction on the
West Chester road, 17 miles from Philadelphia, to Port Deposit,
Md., 57 miles.
St. Louis Texas k Gulf of Mexico.— This company publishes the following at Marshall, Texas: " St. Louis Texas
Gulf of Mexico Railway, August 18, 1881. To the citizens of

&

—

Marshall and Harrison County: The company has sold $2,500,000
worth of bonds, and the money will be available after the ratification of said eale on the 27th of August, 1881, on which day
a meeting of the stockholders will be held in your city for that
It is the intention of the company to contract for
the construction of 100 miles of said railwr.y immediately thereafter.
The road will be of standard gauge laid with heavy
steel rails, and its equipments will be fully equal to that of any
first-class road in the State."

purpose.

Texas &

New Orleans—Louisiana Western.—The

Texas

&

New

Orleans Railroad Company gives notice that it has acquired and will hereafter operate the Louisiana Western Railroad. This line of road extends from Vermillionville, La., to
the Sabine River, in Texas, and is about 106 miles long.

of Scih Riclianls.

MeehHnics' National Bank of Pittsburg, Pa., William R Thorap^"^^"9°' W.B.Holmes; George J. Yomnau, Cashier,
K^'if
In
place of, wl!,',"
William R. Thompson.

BANKING AND FINANCIAL.

""^

AND Exports fob the Wkkk.— The imports of last
compared with those of the preceding week, show
increase in dry goods and a decrease in general merchandise.

IirpoBTB

week,

u

The

THB CALLED BEGISTERBD FIVES IVATVBING
OCTOBER

,

1ST.

total imports

were $8,723,797, against $8,859,661 the preceding week and $11,752,759 two weeks previous. The export*
^a/ii'non
.*"**®4.'^"f-F amounted" to $9,238,094. again>t
»«,806,939 last week and $8,362,928 two weeks previous. The
following are the imports at New York for the week
ending
(for dry goods) Aug. 18 and for the week ending
(for general
merchandise) Aug. 19; also totaU dice January l7

^

rORBIQN IMPORTS \T

For Week.

1878.

D»T Goods

1879.

1880.

1881.

$2,122,138
4,390,177

Total
Since Jan.

$4,932,300

$6,512,315

$9,082,752

$8,723,797

*50.506,046

$.58,383,122

I36,288,;j96

144,833.959

$86,074,512
242,243,031

$71,673,626
204,447,305

Total

No. 5 Nassau Street,
New York, August 24, 1831.

1.

Since the issue of our Circular of the 23d instant,

we have arranged

to

receive the Registered Fives due October 1st, witl\ full interest to that

»1 .706.822
3,225,478

Cen'l mer'dise.

OFFICE OF FISK A HATCH,

NEW TOBH.

Oen'l mer'dise

ury Goods

RECEIVED AT OUR OFFICE WfTH FULL INTEREST TO MATUR
ITY, IN EXCHANGE FOR OTHER GOVERNaENT BONDS.

$3,083,711
5,991.04!

$3,182,748
5.541,049

date, without charge for collection, in
all Issues of

4186.794.942 $203,207,081 $328,317,543 $276,120,931

which we

will furnish in

payment

for other

Governments

exchange at lowest market

rates.

By promptly turning in their Fives for redemption, holders can realise
double interest on their money from now to October Ist.

FISK * HATCH.

Apoubt

THE CHR0N1CI.E.

87. 1881.1

219

Loanianddla. $340..'M2.800 Dec $1,481,000 $310,606,800 $263,570,100
(I7.i:i8.400 Deo. 4,703.700
66,717.800
19631.100
I'J..'.00.000 Inc.
Circulation...
10.428.100
20.8:r7.!>00
80,000
3.34.703.600 Deo. 7,926.800 298.ei.M00 335,953,900
Net depo«lt<
Legal tender*.
19.842,800 Deo.
1 5,254,300
84,200
41,838,000
Legal TCMrve. $83,008,900 Dectl .981.700 $74,6.13,77.^ $58,088,470
82,BS1.200 Deo. 4,786,900
81,071,700
Beierve held.
01,469,700
.

The followliut dividend* have recently been annonnoed
Per

Whtn

cent.

Fayabte.

Bookt CloBtd.

(Day

inclutite.)

Surplus

Railroad*.
BoatOD A

Alliiuiy

92

(.|iiar.)

A ((iiiiicy (quar.).
Norwilk (quar.)

Sept.
Sept.

CliioaKO Burl.

Dauburv

ii

30 Sept.

1 to
16 Sept. 2 to Sept. 18

Sept.

Oct.

Union ruililo n uitr.)
Itllsrrllaueoua.
Delaware A Hudson Canal

1

to

Oct.

36,

1881-9

P.

The Money Market and Financial Situation.— Tlie
event of the

2

Sept. 10 Au». 24 to Sept. 11

NEW YORK, FRIDAY, AUGUST
week bearing upon

financial transactions

M.
cliief

was

tlie

pay immediately the
five per cent bonds called for October 1, without any rebate of
In other words, the Secretary oflFers to pay a little over
interest.
circular of Secretary

Windom,

offering to

one month's interest to the holders of these bonds for the purpose of relieving the money market in New York and Chicago.
So far as our recollection goes, the Secretary virtually estaba new precedent in this action, for although the payments
Government interest have often been made without rebate a
fflw days prior to the time when they were due, the difference
was trivial, and it has not been the custom to pay Government obligations together with 30 days' interest as a bonus
The matter, however, is more importto the holders.

lishes

of

than in its result
instance,
and we can not regard
this particular
in
it as for the best interests of the business community, even
ant

in

the

principle

established

including the operators in stocks and merchandi.se, that the
Government should always stand ready to manipulate the money

market whenever suflScient pressure is brought to bear by
prominent moneyed men or by the newspapers. The operations
of the Government in changing its bonds into 3^ per cents will
cease with the present transaction, and after that it is to be
hoped that Secretary Windom will take his stand on the broad
ground that it is not the province of the Government to interfere
with the money market, either to accumulate so much money
in the Treasury as to cau?e stringency, or, on the other hand, to
come unexpectedly on the market with 30 or 40 millions of
disbursements to relieve some particular speculation. With the
Government finances now established on a most excellent basis
(barring the accumulation of silver), and with the national bankng system working far more satisfactorily than any other system
ever tried in this country, the older bankers, whose experience
nins back to the days prior to 1860, are inclined to wish for a
little more of the healthy let-alone policy in which business
affairs are left to regnlate themselves by the natural laws of
trade and finance.

The general advance

in the

Bank

rates in

Europe shows an

extraordinary and combined effort to check speculation and to
stop the exports of gold to America.
The Banks of England,

def.

»717.700

I)ec.$2. 805,200

therefore, that the governmental influence will be brought
to bear in every practicable way to hinder the outflow of gold,
which, under the natural laws of trade, would still set towards
is clear,

the United States

and even should these efforts be unavailing
and cotton, they may certainly be
putting a check on the purchases of American
;

to stop our exports of grain

successful in

stocks and bonds.
In the Investors' Supplement of this date will be found an
article showing with much detail the issues of new stocks and
bonds thus far in the current year.
Our money market has been much easier, and only on Wednesday was a commission on loans charged, when 1-16 per day
was paid on a few loans. The prevailing rates have been
per cent, and the exceptions of 3 and 4 per cent made late in the
day are hardly wortn noting. Prime commercial paper is
quoted at 5@6 per cent.
The Bank of England weekly statement on Thursday showed a
decrea.se of £800,000 in specie, and the percentage of re.serve to
liabilities was 41 11-16 per cent, against 43% last week; the discount rate was advanced a full 1 i>er cent, and is now 4 per cent.
The Bank of France showed a decrease of 4.100,000 francs gold
and an increase of 152,500 francs silver. The discount rate was

raised to 4 per cent.

The last statement of the New York Citv Clearing-House
banks, issued Aug. ao, showed a decrease of $2,805,800 in the
legal reserve, there being a deficiency of
|717,700, against
?2,087,500 surplus the previous week.
The following table shovrs the changes from the previous week
and a comparison with the two preceding years

$7,317.02.1

$2,481,225

—

Exehantre. The principal event to affect the foreign ex.
changes was the general advance in Bank rates of discount in
Europe. This had been anti>;ipated to some extent, but hardly
such a general rise and determined effort to prevent the export
of specie to this country. The recent shipments have been considerable, and, including the amount withdrawn to-day from the
Bank of England, the total afloat foots up a large amount. Sixty
days bills have been reduced in price, and to-day on actual
transactions prime bankers' sterling was quoted at 4 80®4 80^,
and at 4 62%@4 83 for demand, 4 83^4@4 83>^ for cables, with
prime commercial quoted at 4 77?6@4 7754.
United States Bonds. Grovemment bonds have been lower,
in consequence of the general condition of the market for securities ana the appearance of (he money market as the season
advances. It has also been rumored that Secretary Windom
will proceed to call in a large amount (150,000,000] of the 3>6
per cent bonds which are payable at any time, and it he should
thus continue to pay them off at par, the market price could
hardly rise much above that level. At the lower range of
prices there has been more activity.
Secretary Windom, on August 22, issued the following notice
to holders of called 5 per cent registered bonds
Notice is hereby given that the Deparlmont will redeen upon presen-

—

tation, without rebate of Interest, the outatandiiiK 5 per cent rcjtlHtered
Ik>ii(U (funded loan of 1881) embraced iu the one hundred and fourth
Parties transmittint; bonds for redempcall, niaturlDB October 1 next.
tion should address them to the "Secretary of the Treasury. I.aan
Division, Washinjrton, U. C," and all the bonds Included in this notice
should be assigned to the ** Secretary of the Treasury for Hedemptiou."
Where checks In payment are desired in favor of any one but the payee,
the bonds should be assigned to "The Secretary of the Treasury for
" (here Insert name of person or persons
Redemption, for Acconnt of
to whose order the check should be made payable).

The

closing prices at the

continued at 3^.
reg.
1881

68,
5s,
4i«B,
4'«8,
48,

1891
1801
1907
1907

Interetl

Aug.

Aug.

Aug.

Aug.

Aug.

Aug.

Period*.

20.

22.

23.

24.

25.

26.

J.

&

J.

( .-Feb.
reg. t .-Mar.

coup.
reg.

WILLIAM Wisdom, Secretary.
been aa follows:

New York Board have

»s 101%
ni2% '112%

•101

•101% 101% •101 »8 •101 »a
101=8

IOII3

101%

lom

112'8 •112% 112% •112*8
•113% •113% •llS's •11378 •113% •a3»9
.^an. 115% •115it •11558 •US'* 115% •115
.-Mar.

(
(

coup. ( .-3a,a. -I15>s 1151a 115»B 115i« 114^8 114%
* J. -130 •130 •130 •130 •130 •130
88, our'cy, 1895.. reg.
130 •130 •131 •130 •130
6s, cur'cy, 1896.. reg. J. & J. •130
Is,

.1

.

130
1897. .reg. J. * J. -130 •131 •130 •132 •131
•133 •132 •130
1898. .reg, J. & J. •130 '132 131
•134
•130
•132
-133
•130
•133
1899. .reg. J. A J.
* This Is the price bid at the morning board
no tale was made.
State and Railroad Bonds.—Southern State bonds are
generally depressed, and the Virginias, Louisianas and Tennessees all sell at lower prices. In the past six weeks it is estimated
that New Orleans may have taken as much as $1,000,000 of
Louisiana consols from this market, and a good part of this
amount came from abroad. Railroad bonds nave neld their
prices well on the strictly investment issues; but the prices of
speculative bonds held on margins have declined, in sympathy
8s, cur'oy,
68, cur'cy,
68. cur'cy.

:

with sto<*K8
Messrs. A. H. Muller

&

Son sold the following at auction
Shares.

Sharee.

Home

Insurance Co
158
5 Continental Nat. Bank.. ..119
lllU
13 Phenlx National Bark
1 Clinton Hall Association.. 57
65
7 Hope Fire Ins. Co
Railroad and Misceilaneons Stocks.—The stock market
has been quite irregular in tone and prices, and has been moved
by a nuinber of varying influences. The money market, the
railroad war, the condition of President Garfield, the crop
reports, and other minor matters, have worked from day to day
on one side or the other, and thus contributed to the fluctuation
in prices. In none of these forces was there anything essentially new except in the prospects of the money market, which
Secretary Windom apparently intends to keep at easy rates, so
far as his power may enable him to do so. The main decrease in
wheat is now believed to be in Ohio, Indiana and Illinois, and
with prices ruling in New York at |1 30, or anything above that,
market
it is quite probable that as much wheat will be carried to
and exported as there was la.st year. Also, as to com, the farmers will market a far larger quantity at 60 cents a bushel than at
45 cents, as this is a crop of which only a small portion is usually
turned into ca.sh by the producer when the price is so low as to
make it pay better to feed it to hogs or cattle. Thesei points are
all worthy of notice in considering the question of transportation.
There is no reason why the death of President Garfield
should now can.se any panic in stocks, as that sad event has been
anticipated for days past and its effect has been discounted.
So tar as the general outlook is concerned, the main causes for
any serious decline during the next few months are found in the
cutting of rates by rival lines; in the inflated values of certain
stocks which have not already declined; and in the uncertainties
of a money market which, during the next six months, must sustain an enormous demand upon it for speculative purposes and
from railroad enterprises already in progress and not nearly

Germany and Belgium have already advanced their 45 Am. Exchange Bk.l27%9l28iii
91
21 Seventh Ward Bank
(Germany to 5 per cent), and other nations must follow. It
6 N. Y. F. & Marine Ing.Co..l20

France,
rates

1870.

Au«. 23.

Specie

DITIDENDflt
Xante 9f Company.

1880.

Dlffrr'nea fr'm
prevwut week.

1S81.

Aug. 20.

6

finished.

At the

close prices

were generally quite strong.

THE (MR0N1(;LE.

:220

THE

IN PRICES AT

RANGE

N. Y.

STOCK EXCHANGE FOR THE WEEK, AND SINCE JAN.

DAILY HIGHEST AND LOWEST PRICES.

RATI.KOAD»i.
Susquehanna
Albany
Boston 4 N. Y. Air-Line

pref...

Burlington Cedar Bapids
Cana^la Southern
Cedar Falls & Minnesota
Central of New Jersey

<fe

No.

.

Do
Northwestern

41
27

62%

6314

89

91

87%

883,

25
37

25%
37 »6

St.
St.

63
21

64%
23

903i
8838
•25

9238

91%

89%

8834

128

38
127

15212 15434
iliij 112=4

iV6%iii% ill"

122 "a 124

122
136

pref.

lOHilOl's

Cincinnati Sandusky <t Clev
Cleveland Col. Cln. A Ind
Cleveland A Pittsburg guar....

42

149""

pref...
Pacific

Do

77
38

84

Do

78
39 ^

88 14

12234

136
131% 132
74
75
3B34 38

26
39
29
129

&

Illinois Central

74

& West., new.

Indiana Bloom'u
Tritemational

&

42

44

00%

28% 26%
28%

281,
128',

8734

26
37
26
127

62%

92
89 'V

90% 91%
8734 88%
25
25%

23%
37
27
128

63=4

-36% 39
27
127

27

128%

83

38%
843^

18

74
38

153% 181% 153

74
38=b

101% 102
48
83

743,

3734

38

48

45

48

84%

83%

841,

20

20%

122

122'e

84%

73%

863,

18%

1834

31

31

73% 73%
37% 38
101

10034101% 100

19% 20%

46

46

83%

20

121% 122% 121%
8334 86

8534

90

93% 94%

113
90

1133,

1223,

83% 85%

•17
•30

19
33

93% 93%

113% 113% 113%

90

Ot. Northern.

Keokuk (t Des Moines
Do
Lake Erie A Western

pref

4734 48%
491a 63
12238 12338 12138 12214

Lake Shore
Long Island

A Missouri River
pref
A Nashville
Louisville New Albany A Chic.

44

90

9434

94%

20
24
12

21%

20% 21%

Louisiana

973,

Manhattan
Manhattan Beach Co

20
23

Uaxietta

12

21 la
23
12

72

74

A Clncliinati, 1st pref,
Do
2d pref.
Memphis A Charleston
Metropolitan Elevated

7834' 801a
»438

:

.50%
122^8

513,

50

50

60

30

123% 122% 123% 122% 123

45

45

Michigan Central...
9214
Milwaukee L. sh. A West., pref 491a
Milwaukee A Northern
Missouri Kansas «t Texas
371a
Missouri Pacific.
100
Mobile* Ohio ./._...
^32=8
Morris A Essex
12334
Nashville Chattanooga A St. L.
841a
New York Central A Hudson
1421a
New Y'ork Elevated
IO5I4
New York Lake Erie & West.. 42=8
Do
pref.
82
New York & New England.
New York New Ha\ en & Hart.
New York Ontario A Western
29

9634

95

96%

45

45

24
12

71
72%
7834 79%
91% 92%

73

75

75

79
80%
92% 94%

45

49'a

20% 20%
12
12%

47

79%
93

78
81

94%

46% 47

94% 95%

94% 93%

20%
27%

19% 20%

11% 11%

9234

80
94

45

4736

73%
78% 79%
92% 94
4434
43%

38

383i

3734

71
78

73%

73

."

.

40%
331a
12334

85

Si
37% 39% 38% 40
100% 100 10234 101% 103
32
32% 33%
119% 122
122% 123% 122 122

37
98
31
82

84

85
143=8 141%142% 142
9934 104%
99
1051a
42 'i. 41=8 42%, 42%
82 14 81% 82%l 82

100% 102% 100
32% 32% 32

39
102
33

85
84
84% 83
83%
143% 142% 143
14134 142% 141% 142
101
100 102% 96 100%
98% 9734
42 '1
42% 43
42% 42% 41% 42%
83
S3
83
82% 83

84

86

•-<

.

.

Do
Norfolk* Western

Do

pref

jSorthem Pacific

Do

pref

.".!!

Ohio Central
Ohio A Mississippi

Do

27% 28%

28%

29's

29

2934

28% 29%

28% 29

65

58

55% 56
39% 39%
7334 79%
24% 25%
36% 37

53% 65%

53

38 '(
38
77% 79
2434
24
363,
36

37%
78%

56
67'-i
38 's 39 14
771a 79

84

55%
37% 38%
76% 77%

78

79=8

2434
3618

24

24

25%
37%

nrdS

Ohio Southern......

Panama

25%

3738

2434

35% 36

.

.

^o

A

Louis

go

San Francisco

35 .
633s

3234
61

33
62

43

40

40

2718

27ie

26 '8

39

26%
40%

4334

4334

70

70

45
.

.

Do

A

Paul Mtnheap.

Manitoba!

Pacific

Toletlo Delnhos
Union Pacllic .

A
'

35%

34

61%

8I34

61% 62

Buriinstoii"
s -

45

711a. 711a

101

24
3d
100
23

54
38
78
26

36%

33
60

44

28,840

42
79
58

12,105
1,050
1,200
6,921
13,015
52,850
1,400

42

42

42

26% 26%

101

Do

MI8CEM,ANEOUSpref.

100
26

i"26=^i22ii

6,975
9,220

48,450
7.030
19,600

47%
83%

44% 45
69%
105

100=8 100

100

44% 44%
69
105

70
106

433.

47 ij

83 %

81 34

83%

44% 44%
6934

108

Adams
American...'
United State*!!!!""
Wells. Fargo A Co..'!

t'«AI, AND
"•''»
Aroencau Coal ....MINiNO.'"'
Colorado Cnal A Iron!!
Cou.HolWlatlon Coal

Homestakc Mining

Little l'itt.,biirg .Minini?. !!!!!'

•Mariposa Land A Mining
Maryland Coal
.Ontario .Silver Miuljig
Quicksilver Mining
!!!""

Do

pref

Btendard Consol. Mining

Cameron Coal

Central Arizona Mining
Cumberlanrt Coal A Iron
-Mini,,,,

ixcelslor

Mining
New Central
Coal.!!!!!

107^8 108
•40
60

107% 108%

159% ICO

156

48% 49%

141

4634

48=8

83

843

49

8634

48% 49%
141
141% 142
1% 1=8
1% 1%
84
85% 8834 87%
•135

83

83

69

47

49%
19%

84

138
84

67% 67%

•123

•19

47

48%

136
•68

107^8 109

47

46% 46%
19% 19%

60% 61%

•45

'131

140

47

48

4834

48

49%

1% 1 .
88% 87%
138
•83

68
130

138

83%
68
132

47% 49%
•19

•46
166

25
36

"so"' "'eo'
•2134 22%

41% 41%
•2

2%

69
22

40

69
22
40

2

2

*ii"i
5734

48

•139

144

84% 84%
•67%....
126 130

47% 47%

20

22
41

•2

2

•36
16

36
15

IS

22

22

"21

*i%""2%

45

Thwe »r» the prices bia and asked-no

57

....

15
"21'

43,880

400
139,182
39
68,983
51,993

400

385
230

68
130

47

4734

20

%

•20% 21%
'1%

8,300

"iSd
100

234

"24" "24
•35
36
•1334 13
57% 58

2%

Jan.

2,
'.

sale

26

26% 26%

wa» inade at ttie
t
Board.

26

26

99

87%
104

61
10634

June 14 80
Aug. 4
Aug,
Aug.
Aug. 17
Aug. 13 22%

20%
95

"166
'366

600
880
700
600

660

83

4234

139%
24

Fob. 21

June 23

Mav
May

2
21
June 13
Feb. 14
126% Jan. 20
64% June 2
59 jNIay 27
64 May 21

334

Jan.

83
75

Jan. 29
Aug. 2

70

May

20

3234 Jan: 13
64i8J(vn. 23
23%Jan. 6

51

Mar. 17

121

130%

12

29%
123

47% 128

84% Junell
June 13 155
43% Feb. 2 20

Aug. 26

50
18

28% 49%

3 122

27% Aug. 22
70 May 14 90
23%Julv 14 26

57%

29% 43

June 3 100
Mar. 21

174
109

2% 12%

Aug. 25 130% Feb. 15 109
Julv2C 62% Jan. 15 30
July 2'i 95 Jan. 10 47

155%
127%
51%

93%

180
32 ,

70

85%

20

36

88% June 24 39% 67%
37% May 21 14
28%
35% Aug. 22 47% May 20 23
44%
8 126

Aug. 28

219% Jan.
27% Jan.

Mav

21

673,

102

37% June 10

7 280
4 57%

June 24 168
June 22 18

225

28%

Feb. 23 73% Feb. 9 13%
May 17 112 129
Jan. 19 142
129
Jau. 7 146 June 10 111
Aug, 22 80 June 23

30
127
130

40

25% Aug. 26 50 June 18
26 Apr. 1 60% June 3 19', 35
39 Feb. 28 77% May 12 16
42
86 July 19 14334 May 25 42% 112

Mar. 24 35 June 14
Jan. 4 81% June 3
Feb. 25 116%June29
Feb. 9 42% May 4
Mar. 8 89% Mav 26
Jan. 7 107 July 9
43% July 16 44% July 16
41%J.an. 4 73% Junel4
23 Mar. 10 38 May 13
105 % Feb. 25 13134 July 2
186 May 14 191% Aug. 24
39 Feb. 26 00 June 30
77 Feb. 25 06% May 16
39

251,

61

33
60
26
50
67

90
20
70
88 %

June 29

46
33

Jan.

82% Jan.

61 % Jau.
112 Jan.

60
35
31

15%
1

5

6

May

23

Jan.

3

Apr. 19
July 13
5

an.

4

Aug. 26

33% Jan.
13
63
21
25

1%

10
Jan. 6
Jan. 6
Au.g. 6

27
July 25
A]>r.

Mar.
Aug,

11

79%
88

47%

80

11334

157% 180
26% 48
31% 88%
81
63
9234

30
147

Feb.
Feb.

102

Tan.

107% 14S

27% 82

4%

Apr.

June

88% May 23

64

Junell 42
JunelS 100

May

6634

66
118

23

55

55

June

19% 42%

28
26

393*

8%

Jan. 15
Jau. 4
Feb. 7

9

.\pr.

65
67

43

29%

7

Apr. 13

39

1% 30%

22
2%
35 Mav 27 16
38% Julie 10 30
21% July 7 9
75% July 7 45
27 Feb. 17 20
4534 May 26
7
Feb. 14
20 Jimo 3 23
14 Jan. 3 11%

Juno 1
June 8
6
7
Jan. 8
1
June 8
2534 Aug. 22 35% Feb. 9 20

3% Jan.

65

30

50
40
60
26

Feb,

June

48
100
40

141% Aug. 13 106% 122

4 75
4 142

% Jan.

24

74%

Jan. 6 73%
Jan. 4 115%
Jan. 15 49
190
Jan,
Jan. 4 62%
May 14 161
2%
Feb. 6
Apr. 19 94

34 J

'

86%

50%
20%
43%

23

June 30 20

Mar. 22
May 20
37 Aug. 22
83 Jau. 28 114%Junel4
18% Fob. 26 3934 juue23

63

63

37%

Aug. 2..

10

25%
110%

91%

78

May

96%
129%

12739

Jan. 4
Jan.
Feb. 18

Feb. ^5 131
Jan. 6 102
Feb. -. 1 55

130

63% 105

9
6
41

42
53

124%

146%

99%

23

91% Aug. 22

160

183%

4934

110% May 18 77
117% Junell 30
24
16
03
126

80%
81%
29
90%
97%
2534
38%
27%

100% 204
22
48

9

10
7

2534

63
38
48

6I34

66% 114%

.

88

120

99% 159%

46% Feb. 14 21
Aug. 20 59% May 26 30

181 120

83% 84
68
130

Feb.

15% Aug.

15,587
89=8
150 30
3,610 135
33,926
4534
1,300 130%
3,690
1
139,657 77

135

•2

5734

22
41

603,

28
23%
118% 120

•19

26

is"

1,040
3,220

82

49=4

'7% ""8%

W'Tercllif Minitip,

44
09

158% 156 156
48% 48% 4734 48%
140 140
1% 1%
1% 1%
86
87% 85% 87

'•2% "'234
•35

44
69

104% 104%

47% 49% 46% 48% 46% 47
83% 85=4 83% 84% 82% 83%
47% 47%
i 07% 108" 107
107% 107 107%

159% 155% 160

4734

142 14 141

138

85%

•43

1,700
1,020

300

60% 51%

122% 121% 123
iV8%i22
191% 191%

""''"'*

™''«™«'''CaTtin Co
Delaware A Hudson Canal
New York A Texas Land
Na-'- <-'o!!!!!
SS^?.™
S"'.',"'*y *
Pacific Mail
Pullman Palace Car
SutroTunnel
West. Union Tel., ex-certificate.

7,700
16,300

100
700
68
105

4

June 22

23

30

82
"si'i

28

481.

41

23% 25%

8

16% Jan. 26

9734 Jan.

40

69
103

118% 120% 120

41

17

117
113

164% Mar. 25 190

30

42
30

40

59% 60%

Apr.

June

89,800
50,175
3.600
3,976 1188.332 63
16,786 140
23,293
96
53,510 41%
2,880 80%
60

100
23

34%
61
13934

1

17

120
100

100
37

32% Mav 20 9%
May 12 77 May 24" 50
Jan. 4 131
Mar.
68%
Aug. 22 13% June
61%

4,300 94
Feb. 2C 118 July 7
600 63 Feb. 26 108
,v.»
June 18
37,215 124 Jjn. 4 146% May 21
3,300 38% Aug.18 57 % Mav 19"
50 Jan. 6 92 May
14 Jan. 10 30% June
Jan. 4 56 Jan.
41
4,260 38% Jan. 4 6534 June „
116,400 118 Feb. 25 18534 Jau. 20

140

45 %
27% 27%
41

'5du'5i78 '48% "56% '4934

-

United Companies of 'n.'j
Wabash St. Louis A Pacific!!

Deadw(«Mt

35

pref

Scioto Valley.....

A

3334

140
43

st.Pan?ADumt«.....^."..P™'St.

36

•139

pref

pref.

,

331a
0234

Low. High

Aug. 20

Aug. 17 21
120 30 Aug. 11 33
175 Aug. 17 173
3.200 44=4 Jan. 4 98

"

Koine Watertown A Ogdensb'g
St. Louis Alton A Terre Haute

.Texas

38% 89%

....

Peoria Decatur A Bvan.sviUe
Philadelphia A Reading
Pittsburg Ft. Wayne A Chic...
Eensselaer A Saratoga
Blch. A Allegh., stock trust ctfs.
Kochcster A Pittsburg

Sfc

sole

pref

1834

76%
1,400

;

103

Highest.

Jan. 5 131
May
Apr. 7 71% July
Feb. 2(
18% June
Feb. 24 90 May
62% Aug. 22 90 Jan.
16 Jan. IS- 40% June
82% Jan. 4 112 Feb.
80% Feb. 2r. 102% June
2034 Jan. li' 33% May
3234 Jan. 12 48% May
23 Jan. 20 36% May
127 Aug. 2(1 136 Jan,
140
Mar. 2:: 153 Jan,
149 Aug. 22 182% Jan,
90 Apr. 21 95 May
101% Feb. 2r 129% June
117
Feb. 26 140 Mav
117
Feb. 26 136 Jan
131% Feb. 2(i 147% Jan. ^,
129 Fell. 2( 148=6 May 21
40 Jan. 4 88 May 23
3634 Aug. 22 61
Jan. 22
91 Feb. 2i 100% Jan. 24
41% Feb. 1 68% June 22
81 Feb. 2r. 10134 May 23
127% Jan. 2!' 142 May 10

60
131,200 107
113,711
80

80

80

20
26

700

10,745

18% 18%

Do

'liOuisville

48% 81%
122% 124

44

1

10,130
16,720
1,400
12,450

137%

137
20

9334 93%
9334
93
11334 111%114%
90
90
89
90% 90% 89
126 127% 126 128
124% 128% 126^8 12834 127% 129
41
43% 41% 42% 41
40% 41
41% 43% 43

90

1231a 13034

233j
92=,
893,

63

97,906
100
51,320
4,780
9,335

102

9412 941s
93% 93^6
112 113
1131a 114

pref

Texas Central

1,

45
37
69

11314 il234 1133! iV2%il3'i-. i'U34 il3%
129% 129%
123% 123% 124% 125 14 123% 1243, i'is" i24%
137% 137%
137% 138
132% 133% 133% 1341. 132 133% 132 134

73
37

84

62%

2334

162% 152

99%10034 100
81

63%

64

128

pref.

Do
Houston

Lowest.

26.

22,541

17

Oeorgia BR. A Banking Co
Hannibal «t St. Joseph

Aug.

150% 151%

161% 152

Ga

<t

25.

74

"19" "19%
"26"
Columbus Chic. & Ind. Central. "I834 "211^
"26'h
Danbury & Norwalk
Delaware Lackawanna & West. 12li»123i8 119-6 I2II4 120% 123
80
85
Denver & Rio Grande
87 V 901a
86% 83
•82
Dubuqae <t Sioux City
87

East Tennessee Va.

Aug.

Range Since Jan.
Friday.

1.

For Full
1881 Year j.880.

120

42

•27

130H 127

13534 13534
132 I3414

&
L. & New Orleans.
Paul Mlnu. & Ora..
Isl.

23.

Thursday,

126

pref.

it

Do
CUcagoKock
Chicago
Chicago

9034
2634

pref

Chicago Burlington & Quincy
Chicago & Eastern Illinois
Chicago Milwaukee & St. Paul.

Wednesday
Aug. 24.

66

76
78
63 "a 64

•40
27
127

let pref

2d pref

Do

Chicago

66

2634

Alton

<fe

Aug.

90 "2 93

& Ohio

Do
Do

Aug.

81134

Central Pacific

Chicago

Tuesday,

125

tfe

Bnffalo Pittsburg it Western...

Chesapeake

oatoroay,
20.

XXXin.

[Vol.

2%

434

27
39S(l

24%
781a

34

2i%
70

23%
25%
35,
6»4

THE

AufirsT 27,. 1881.)

CHliONKJLK.

221

QUOTATIONS OP STATE AND RAILROAD BONDS AND MISCELLANEOUS SECURITIES.
STATE BONDM.
8KCUBITIK8.

SKCURITIK8.

Mlchbran—

Alabama—
Claw A, 8

to S. 1906

ClasH », SB, liMW
InsMC, 4«.19««
«<. 10 -.'On, 11)00

1890
line

1883 or 1883
1880
1887

(In,

Ox. tnn.u-ii. isnniooo..
7». I. KiHk.fc Ft. S. iHil

(la,<liinl88S

l!», iliiB
lis,

New

(l8,

113

tia,

ConaoL
Small

1914

7.S. fiiiiall

4s,

1910

6s,
6s,

1888

coupon, 1893-99

113

Funding

Do
Do

115

..

,

RAILROAD BONDS AND MIHCELIiANEOUH SECURITIES.
e;en. Paclflc— Coutinu'di
—Continue*!—
1.10

Erie

lluff.N.y.AK.-lst.l91«
N.Y.L.E.AW.-.New'iii.e

Railroad Bonds.
IStork

h^jrrhtniij,'

rrlcf'.)

Ist, consol., fd. cp.
2d, consol., fd. cp.,

Ala. (Viitriil-lat.Ha, 1918
Atch. T. A S. Ki^ I H..19'20
Balt.itO.— lat, (ia. Prk.Br 114
65
Bost. H. A K.— lat niort.
Bur. Ced. K.& No.— lat, 3i 102
Mluu.A.St. L.— l»t,~8,Kll tl20

Iowa

C.it

Weat.— 1st,

110
114

lloi*

Si's
54'

Alton— lat m.

119

Income 7a, 1883
Sinking fund. Os. 1903..

ii'4i3

* rhlcago— Istni.
A Mo.— lat ni.. guar.

m

119
119

120

129Hi

121
116
117

113
113
lO.-) Sj

109

B.-Cou.gd.as.

Am. Dock & Im.— Aaa'd. 135 >a

A St. P.-l8t.88.P.D.
7 310. P. D., 1898 il8'
1st m.,78, $ g., R.D.,1902 123
let m., LaO. Dlv., 1893
118
1'24
Istm., I. * M., 1897..
»12'2
Ist m., I. A D., 1899
Istm., C. & M., 1903..
tl24
Consoj. 7s. 1905
123

110
13U'a

C. M.

2dm.,

l8t, 78,
t-UVt
lit 1.
l.Ul.
tl'20
"• Dlv.,
^" W.
-;1,
8.
106
lat, Gs, 190S1
Ist, 58, La.4 Day., 1910.
90
l8t.S. Minn.Div.,68,1910 103
D., 7s,
Pac. Dlv., Oa,

Ch.A

1st Clilc.A P.W.,58,1921
Mln'l Pt. Dlv., 08, 1910.

t

7«, 1885
Interest bonds, 78, 1883
Consol. bonils, ta, 1915.

JllO
107
133

Extension bonds,
lat mort.. 78.

188.">

78, '85 1
t

CouiM)n gold.

78, 1902...
Reg., gold. 7a, 1902
Sinking fund. 6a, 1929..

124
124

110>ii

Iowa Jlidl'nd— 1st m.. 8s 128
Galena * Chic— Exteu tlOO
Peninsula— lat ni., conv. «120
Chicago & MIL— lat ni. n23
Winona A Mt. P.-lst m. no7
2d mort., 78, 1907
124
C. C. C. A lnd'8— lst,7s.s. f. J125
Consol. mort., 7s, 1914..
-Tcu.lien,78
Istm., con.. 78, 1897....
C. St. P.M.A O.-C'ons., 68
C.St.P.*M.-.l8t.08,l6l8
No. Wiac.-l8t,«a. 1930.
St.P.AS.C.-lst, Os.1919

Ch

C.AE.IIl.-lat,8.f.,cni-.
Del. L.
\V.— 78, conv. '92

A

127 "a

7aof 1S7I.1901

1 at III. .consol., guar.
Del.AII.C.-l,.,n.;V 8,1884

Ut

mort., 78, 1891
1st mort., exl., 78, 1891
l8t mort., coup., ts, '94
J St mart., reg.,
7a '94
Ist Pa.plv.,cp.,';'8,1917

Reg.

ii's"

113
118
101 "u 102
116

110

iii"'..,

llOia 113

1917
A sn»q._ist m., 78
2d mort., 7s, 1885

i3()'

126
1.39

_l-'''.>'o"«..KUar.7s,190(5
A Siir.-lst, .oup.
lat mort., reg., I9'Ji

RPUB.

119
130

I'ncos uommal.

8s
1915

line.

X., 8a,

latm., Gs. 1896

112

Cent. Br. V. I'ac— Ist.es 106
Fundeii coups., 7a, '95. 106
Atch.C.AP.-lst,6,a,1905

130
129

A Minn.— 1st m
W.— Ist, pref..7i

Ist mort.. 3-4.5-6a, 1909
2d mort., 34-5-68, 1909.
Indianup.D.A Spr. — l8t,78

New bonds, 7a, 1886..
Cleve. P. A Ash.- 78....
Buff. A Erie— New bds.
Buff. A State Line— 78..
Kal. A W. Pigeon-lst
Det.M. A T.-l8t,7s,1906

116

H09
120

Paclflc of Mo.— 1 at, Gs 2d mort., 78, 1891
St. L.A S.F.— 2d, Ga. cl.A t...
3,6a. claas C, 190G
1
93
3-Gs, class B, 1906

120
»92i.j

78
106
t...

110',

nil)

—

Kquipm'nt bonds, 88, '83
Ga. 1909
Coupon, 5s, 1931
Itegiatered, 5s, 1931
Jack. Lan.A 8- 6s, 1891

Mo.— Istm

A Pac— l8t.6s,1905
tlOO
Consol., 68, 1905 .--.
75
Income A I'dgr., rei

130
l.'iO

I26I9
126',

122

".J

119

Ist.St. L.Dlv.,7s,1889
2dmort..ext., 78, 93,,

ibd'

112

tl04
104
68, snbscnjitlou, 1883-.
N. Y. C. A ll.-l8t m..cp. tl3Gi-j 137 H>

mort,

09 '(
140
135
113

93'

Consol., conv., 78,1907
Gt. West.- 1st, 73, '88,
2d mort., 7s. 1893,.
T.— Ist. 7b, 1890
Q.

Nevada Cent,— lat

—

t

98 19
95 ig
30

A

Chic

A

A

78,
Ool.

l-a

60

S'west.- 78, guar. tl33

Clu. Ind. St. L.
Chic—
Ist mort., 63, 1920
Cin.
Ind.-lst, 7s,'92,
2d, 78,1887
Ind. Cin. A Laf.—78, '97

1888

A Ilock.Val.— Ist, 78,
'2d mort., 78
Col. A Toledo— 1st m., 78.

108
110
107
113
107

108
lOOij 110

50
106
108

A

113
111
65

St.C.B.— Ist, 7-89,1908
No. Missouri— lat, 7s.
Weat.U. Tel.— 1900, coup. 118
118
1900,reg
Spring Val. W.W.— 1st. 68
Oregon RR.ANav.— Ist.tjs 110

107
114

il6"

134
118
110
84

tll5
123
101 la 106
10
20

Ist mort., 78, guar.
Ex-land grant
Stock

111
103
75
30
112
103
93
15
11
34
104
65
17
80
35

83
36

108"
98
17
13
87
107
61
IP
90
4S
171a 31
100 106
93
108
1121a

79

80
69

STATES.
Car.— ConsoL 6a(good) 103
103
Browne, consol
63
Virginia— New 10-408

So.

110=il Atl.

RAILROADS.

A

:

. -

C—

106
106
53

,

Gulf- Con8ol.78.'d7 till

Atl.A Charlotte— l8t, 7s.. 109
96
Income, Gs
1131a'
77
Stock
96
Car. Central— Ist, 6s, 1923
118
Cent. Ga.—Consol. m., 7s
121
8tock
(^arl'te C.AA.— Con801.78 110
106
3d mort., 7»
103
64
Stock
123'a Chlc.8t.L.AN.0.-New5»
131
E. Tenn. Va. A Oa.— Ist, 7s 118
tl33
120
Georgia Railroad— 78 ..
tllO
6a
171
Stock
Memph.AChar.— lst,cons. 117
117
Ist, consol,, Tenn. lien.
Mtsg. central— l»t m., 78- 107
107
'idmort., 8s
100
N. O. A Jackson— 1st, 8s. 113
Certlflcate. 2d mort., 8s. 116
Northeast., s. C.-lst m.,8» 136
119
3d mort., 88
Port Royal A Aug.— lst,68 106
110
Rich.A Dan.— 1st, cous.,6« 103
110
Stock
Sonthw. Ga.—Conv. 78. '86 120
136
Stock
S.CaroluiaKR.— Ist ni..7s 106
39
Stock, assessment paid.
120
7a, 1902, non-enjolned
71
Kon-mort. bonds
lat, 7b.-. 107
Western. N.
.•

St.L.K.C.AN.— R.e.,78 115
Om.Dlv.— Ist mort.,78 117
Clarlnda Br.— 68. 1919

60
13S

1115
tl07

120
115
2d mort., 7s
Des M.A Ft.Dodge— l8t,68
Oalv.H.A Hen.—7s, g„ '71 78
Gr. Rapids A Ind.- Ist, 78 110

niOiQ

HO

38

(Broker's Quotations.)

A E. now stock
ChicA Can.So.— 1st, g., 78
Bost. Har.

3d aeries, new
100 '( 101 "a
92
97
Sontliern Seenrittes
105
(Broker's Quotations.)

Ill.AS.L— lat, 78. 1882
Han. A Naples— lat, 78

.

113
130

b'i'ii

125

Wabash—

1

ill'

100 la

,

A W.—

41

Miscellaneous List.

HO

.

111

104 V)
107

i-j

E(iulpm't bonds.'s, '83

N.Y.C.A N.-Oen.,68,]910

St'gI.AR'y-Ser.B.,lnc'94
Plain Income 6s, 1896.
St.L.A.AT.H.-Div. b'nds
Tol.Del.A B.— Inc.68,1910

,

A

49
88

1st, 78, jprel.Int accura.
2d, 6s, int. acc'mulative

Indiana]). AVinc— lat, 78
Rome W.AOg.—Con., 1st, 91i2
2d mort., 6s
Roch.A Pitt.— l8t,68,1921 102»8
A Neb.— Istmort..
1181) Rich.A Ail'g.— lat,78,1920 104 '< 103 Is Kan.8as
2d mort
108
Scioto Val.— 1st, cons., 78.
108
Ist mort.. .
110
St. Louis A I. Mount.— Ist 1115
117% Lon^Island—
2d mort,:
HO "4
2d mort,, 78. 1,S97
Midland of N.J.— l8t,new.
Arkansas Br.-lst mort.
Income, "A"
106
Cairo A Fulton— Istm,, UIO
Income, "B"
97
Cairo Ark. A T.— Ist m, 110 112
Stock
85
90
Gen.c.r'yAl.g,.5s.l931..
N. J. So.— Int. guar.,6s.'99
St.L.Alton A 'T.H.-lstm
109' N.Y.AG'nw'd L.-l8t,78,n
2d mort., pref., 7s, 1894.
2d mort
991.J
2d mort-, income, 7s, '94 1106 108
St. Joseph A Pac— Ist m.
90
120
BelleTillcAS.Ill,- Istm. 114
3d mort
126
St.P.Minn.A Man.— l8t,7s HI
St. Jos. A West'n-Stock
tl07ia iOS'ia South Side, I,. I.— 1st,
2d mort,, Gs, 1909
7s,
107
Dakota Ext.— Gs. 1910
Tex. A St. L.-lst, 6s,1910
Tex,Cen.— lst,s,f.,7s, 1909 109'a 112
Utah Central— 1st mort,,
103 "s Tol. Del. A Bur.— Main. Gs
96
Utah Southern- Ist mort.
1st, Dayt. Div., 6s, 1910
Wls.Cent.— 1st series, new
let, Ter'l trust, Gs, 1910
L.
P.— Gen. m., 6a
Chic. Dlv.— 5s, 1910
llav, Div.— 68, 1910
Tol.P.AW.- 1st, 7s,1917
Mort. 78 of '09
Tol.
Ist, ext., 78

93
66

107
Dayton Div.— 6s, 1910
94 "a Tex.iSt.L.— L.g.,lnc.l920

2d mort., 78, 1898
2d m., guar., "n, 1898,

Cons., assented, 1904-G
2d mort., Income, lull.
79>3 7934
H. A Cent. Mo.— lst,'90.
113
Moliile & O.— New ni., 68. tiiij' 113 ".J

nil

109»<

Clev.APlttsb.— Cona,,8.f
4th mort., 68, 1892,.- 113
Col. Ch.A I. C.-lst, cons Jl25
2d con., 78, 1909

W. St.

96 19
67
68

96

2d pref. debentures....
3d pref. dc)>cntureil
4th pref. debentures

Ohio Cent.— Income, 1920
116
Ohio So 2d Inc., 6s,1931
114
Ogdensb.AL-C- Inc.1930
107 13 Peoila D. A Ev.— Incomes
Evansv. Div.— Inc., 1930
Roch. A Pitts.— Inc., 1921
101
St. Louis I. Mt. A 80.—

St.L.V.AT.H.— l8t,g.,7s

102
107
90
107

..

Lehigh A W.B.Coal— 1888
Laf.Bl.AMun Inc.7s.'99
Mil. L. 8. A W,— Incomes.
Hob. A O.— lat pref.deben.

N.Y.P.AO.— lstinc.ac.5-7
M.A Tex.— Deb.scrin

t

lat, Tr't Co. ctfs., asa'd
2d, Tr't Co. ctfs., aaa'd
let, Tr't Co.ctf8.,suppl.

105

16>4

1899

N.Y.LakeE.AW.-Inc.Os.

Pitt3.Ft,W.*Ch,-l8tm 1139
tl30
2d mort., 78, 1912
tl'28
3d mort, 78, 1912

.

jNash.Chat.ASt.L— l8t, 78

91

UR—

c,

so"
i'l"

small
registered

130

.

Pa. Co's guar. 4 H»s 1st
Reglatered, 1921-.

.'5s,

1-29

Tex.

l8t,RioG.Div.,68,1930

1105

N.O.AMob.-lst,6s,1930
E. H. A N.-lst, Bs, 1919 100
104
Oen'l mort., 68, 1U30.
Penaacola Dlv 68,19'20
St. L. Dlv.-l8t, 6a, 1921
2d mort., 3s, 1980
J67
Nashv. A Dec— lat, 7a.
S.A N.AJa.— S.f.,6s,1910

1st

Peiice C. A O.
78, 1895.-

So. Paclflc of

Pennsylvania

Consol., coup., l8t., 78 128
Consol., reg., 1st, 7a... 128
ConsoL, coup., 2d, 78.. 126
Consol., reg., 2d, 78 ... 128
Louisville. A Xaahville—
121
C"ns(d., 78, 1898
2d mort., 7a. gold, 1883. 1104

2d, 6s. 1901
N. Y. Centi^I- 68, 1883
6.S, 1887
6a, real estate, 1883

Ist, Gs,

Equipment,

1117
tl25

Lake Shore — Dlv. bonds tl20

113
107
118 "a

At.Jew. Co.AW.— l8t,6s
Utah So.— Gen., 78, 1909 109 'a iio'
Mo. Pac— lat consol.. Gs tl07H)
3d mortgage, 78, 190G, 115

Gen. mort.. Gs, 1921...
lU.Cent.— Dnb.A S.C., lat tl04
Dub. A S. C, 2d Dlv., 78 }110
Ced. F.
Ind.Bl.A

1113
tll3

Den.Div.,0a,as8'd.'99
1st cons.. Gs, 1919.

ni5
t

Pac— 1st. G8,'95

43

1081, 109 V) N.O.

Collateral trust, Gs.

Kans.

106'(

Istm.. 8a, 19()5
100
m.. 68
...
INCOME BONDS.
N. Pac— G.l.gr.,l8tcon.6s 103 >a 103
Registered 8s, 1921
104
iJntfrest payable if eamett.)
t...
N. o. Pac— l8t,68,g., 1920
963i Ala. Cent.— Inc. 68,1918.
Norf.AW.-0.1.m.,Ga,1931 163 h 107« Central of N. J.-1908
96
1-22'., ChicSt.L.AN.O.— 2d,1907
Ohio A MtsB.- Ciuiaol. s. f.
76'
Consolidated 7a, 1898.
221.J Coi.Chic.AI.C.-lnc.7s,'90
2d consolidated. 7a,l911 122 1 Cent.Ia.— Coup.deb.certa,
111
lat m., Springdcld liiv.
110 114>a Chlc.St.P.AM.-L-g.inc«a 1'20
1051.; Ohio Cent.— l.at. (!a. 19'20
100
95
Chic A E. lll.-Inc, 191)7 106
92
lat m., 'I'ur'l Tr., Ga, 1920
100
E.T.Va.A(l,—rnc, .08,1931 .....
131
OhloSo.— lat M., Oa, 1921.
»«
Ind.Bl.A West.- Inc. 1919 t
Panama—S.F. sub. 68,1897
UOlj Ind'B DecASpr'd --2d inc.
UOKi Peoria Dec. A Ev.— Ist. Ga 105 110
Trust Co. certiUcatea
Evana. I>lv.,l8t, 63. 19J0 108 109
99
Int. A (it. North.-2d I nc
Pac. RRs.-C.Pac— 0.,G8. 114>«
"
2d assented, 6b, 1909
1»2>»
San Joaquin Branch..
iV2
Lake E. AW.— Inc. 7a. 'OOi 60
1264'
Cnl.A Oregon Istm..
Sandky Div.— Inc. 1920 t
And accruuii uiierest.
t No price Friday— thesu aie lateat quotatlona made Uus wooa.

134

^"e— .'B'mort.. extcuiled.

"

main

N.Y.A New Eng.— let, 78.

120

1139
1139
Deuv.AKiotjr.-iM.liiot) lU",
l8t, consol., 7s, 1910
108
Denv. So.p.A Pa^.-lst
104-1<
E.'T.Va.AOa. -l8tcous.'58
-d mort,, pxfd .ia. I9i»
.^dmort., 7s, 1883
4th mort., Hxt'd, 58, iylio
Mil mort., i!xt., 7.a. I.<<88
1 ''••'""sol., gold.
7s, 1920,

Waco A

reg., 1903 .. tl36i-j
120
llilds. R.— 7s, 2d, s. f.,'85 110
("anatla So.— lat, int. gu.
99 >8
Harlem— lat m., 78, cp
125
1st mort., 78, reg., 11)00 isii^
106^1 109
N. Y. Elev'd— Isl,, fa, 1906 110
1191a N.Y.Pa.AO.— Pr.l'n.6s.'93

7s,

All!

consol.,

110
109

Mil.ANo.— l5t,4.5.6s,1910
Mil. L.S.AW.-l9t 68.1921
Mo. K. A T.—Oen.,cou., 68

Mort. 7.a. 1907
i23'
Svr.Blug.A N.Y.-lat,78 125
Morris A Eases— Ist m 135
'2d Miort.. 1891
118
BiMula. 7s, 1900....

mort., 1. gr., 7s
mort.. West, Dlv., 7s
mort.. Waco A N., 78

.

SinklUKfund. reg

C 8t.l..AN.O.

112
120
113», 114

107
93
105 14
117
L. Kl-ie A W.— Ist. 6a.l919
108
S.indu9ky Dlv., 6s, 1919. 100
100
Lat. Bl.A M.— 1st, 6.S, 1919 105
97
Louisv.N.Alb.AC.— ist,6a 106
Manhat.B'ch Co.— 7s,1899 t.
X.Y.A M.B'h-lst,78,'97 106 Hi
Marietta A Cin.— Ist, 78..
108
1 at mort., sterling.
112
Mctiop'lit'u El.— l8t,1908
96
126
'2(1 mort., 6s. 1899
125
Miih.Ceut.— Con..7a, 1902
llOi^
l.Ht mort.., 8s, 1882, 8. f..
104

1910 t
1910 105

C.4 N.west.-S.f,

125

108

1884
b. MLl.X.lj.,Xiy\JA/.
Elt.,1908

78.

A

1st
1st
1st
2d,
2d,

State Aid l)onds,78,'84 tlpl
Laud grant bonda, 6s. I05I4
West. Pac— Bonds, 6s
So. Pac of Cal.-lst, Gs,
Union Pacitic— Ist mort.
Land grants. 7«, '87-9. 116"^

Sinking funita, 8s, '93
Reglatered 8s, 1893

110

A Fe— 7s, 1909
Han. A .St. Jos.—88. conv
Houston A Texas (Dent.—

Cccillan Br-ih-7a, 1907

.

Istm., H.

108

1904

-

Istconsol., assfntcd. '99
Conv., aa.at'ntHd, 1902..
Adjuslnii'nt, 7s. 1003...

A

7s,
S.

Int.AGt.No.— lat,6s,gold

Keo.A Dea M.— 1st, g.„'>s 107
Central of n.j.— lat m.,'90 118

Sdmort..

{93
114l>

107
Lake Shore A Mich. S.—
106 !« 108 "q
Mich. So. A N.I., s.fd, 78 Ill
110
131
Cleve. A Tol.—Sink, td-

Ml89.n.Br'g&-lat,i<.f. 6»
C. B.iQ.—8 p.c, lat m..'83
Conaol mort., 7s, 19036a, sinking fund. 1901..
C. R.r.* P.-6s,coup.,1917
6s, 1917. re,gistoi «1

Leh.&W

107
115

120
120

l«t, giiiir. (5154). 78. '94
2dm. (300). 7a, 1898..
2a, guar. {18.S). 7a, '98.

2d mort.,

131

t

Income and indeum'y,'

Jollot
La.

2dmort,, 7a. 1900
St. I.. Jack. A Cli.— lat

lOOU

Fl'tAP. M.irq.-M.lia.l9'20
Oal.Ilar.A S.Anfo— lat.tla
l.at. I,a0r. Ext.. «8,1910

Holt Col.

s
Ist.lia

68, gold, acr. B, int. del.
6s, curroncy, int. def ...
«S

68
102 "i

I

C.Rap.Ia.F.A X.—
Central lowu— lat. 78. '99
Cheasp. * (J. —Pur. m'v fd.
68, gold, Bcrlea A. 1908.

Chicago

37
87
87
120

88*4

District of <'olnmbl»3-6«s 1924
Bniall bonds
ReiflBtored

82

Bhode Island—

VlrKlnla-6s, old
6s, new. I86H
6b, new, 1867
6b, rnnHol. Imnds
6b, I'x.iiiiiitiri^d coupon..
6n, coiiBol., 2d series ....
6b. delurreil

7

11

11

68

O.a.

Ohio—

1883
1892
1893

t

1898 103

old, 1892-8
rj.8.|iK)0....
ii,» a.rlPH, 1914

I.

j-

1888..

.In 0«,

T.

22
23

class 3...

ritii.laliln,

iiiiti
1-

13
13

,

Do

loan, 1891

Oa, loan,
Os, loan,

J.4J,
A.ctO.

Bpeotnl tax, class 1 '989
Do
class 3...

I

gold, roup., 1887

8a, Tolin,

18110

off,

l««ti.|ll()0.

18U8-IH98.
Do
bonds, J.*J., 'Dii-g

Do
A.*0
Chatham Rli

'

OS, (fold, reff., 1887..

—

7«, nm.iol.,

'

FundlDKOCt,

116
110
'87. 110

do

l)o

7«, new. IrtStl
"». piiiliiraiMl, 1886
i;i>lil,

. . .

New York—

0(H>iKla~()». 1S86

7».

duo 1880 or 1890
due'92

Fuuillng, 1894.'95
llauuibol lb St. Jo., '86.

coup,

110>s

Ill
114

AhjM'iii orlJnlv.,

7s, Mrnip.
r,.Uo>-k
7h, I,. ll.V. n.*N.O.
7», MI.1H. O.
11. K. II a.
78, Arkiiitrtas Coiit.
CoQiii'illciit-B.s, 1883-4.

Loni.-«iiiiKi

110
.

(is,

UH
UK
UK

A
A

iluo

coitp. off,

Bid. |A(k.

BonHi Carolina—
0*. Act Mar. 23, 1849

86
86
14S
145
135
125

A.40

Do
Do
Do

MtftiMMiri—

•

BECUBITIE8.

Aik.

Bid.

N. CaniUiia^a,old, J.AJ
0».old,.AjJ:O
mo. CaroUna UH., J.dkJ.

IMS

6«,
7»,

CUM A.2toS,iimall

SEOVBl'tlES.

Aak.

Bid.

115
111
97
79
101
120
134
114
108
60

120
134
112
173
120
110
110
115
130
107
104
118

43
134

78
108

IHE CHRONICLE.

222
New York

BOSTON.

&tch,

COMPANIIl".
tCarktA
tiot

are

tlltu (*)

Bid. Ask.

Nationni,

America*

lOU

Aju. Kxchange

100
100
2S
23
100
100

Bowery
Broadway

h DroT'rs'

Butchers'
Central

Cbase

Chatham

23

Chemica'

100
25
100
100
100
100

Citizens'

City

Commerce
Continental

Corn Exchange*
Sast Klrer
Slerenth Ward*

Gallatin

German American*.
German Kxcbange*.
Germania*
Greenwich*

Hanover
Imp. and Traders'.

.

Irving
Island City*

Leather Manul'trs'.
Manhattan*
Marine
Market
Mechanics'
Mechanics' Asaoc'n.
Mechanics' A Tr'drs'

100
SO
100
100

Mercantile
Merchants'
Merchants' Exch'KC

100
50
50
100
100

Murray mil*
Nassau*
New Tork
New York County..
N. Y. Nat'l Eich'ge

German-American.
Germania
Globe
Greenwich
Guardian

Facia c*

Park

Phenlx
Produce*
Bepubtlc
Nicholas

Seventh Ward
Second
Shoe and Leather.
.

Sixth
State of

New

.

.

York.

Third
Tradesmen's

United states

West

ft

'65
138
133
;57

50
50

120
U5
73

100
30

I,amur

100

25
50
25
100

.

112
'60

118
80
14.1

108
:60

23
50
50
50
50
50

15)

120
117
150
371^ 118
33
157
100
110
100
65

.New York City
Niagara
North River

100

eo

50
25
25

183

Paciflc

Park
Peter Cooper

200
80

100

.

li,5

100

.

20
50
50
50

People's

Phenii
Relief
Republic
Rutgers'

100
100
100

Standard

100
100

Star
Sterling

100

stuyvesant
Tradesmen's
United States
Westchester
WHllamsburgClty..

US

lf3
85
180
124
lOU

83
2.0
70
'93

70
120
70
150
113
170

1)0
90
125

23
50
100

140
lis

80

25
23
25

113
!05

I'ri

130

140

10

115

50

no

Brooklyn G»s Light Co
CltUens'Oas Co (Bklyn)
bondi
„ , do

25 2,000 ,000
20 I, 'MO,,000

.

1,000

Bulem

Jersey City

Manhattan

* Hoboken !!'!"!

MetroDolltan

„

.

"lo

Mataai.N. i

"!,'!!!,*,',.

bonds

.'.!.!!!!!
|

do
bonds. ',".*,''*.*.'.'*
Hasian, Brooklyn
„*lo
«.
scrip..,,'.'.'*'!'
"^

New York
Bondi
Bonds

ot

^ew

WUltamsbnrg
-,

.

do

bonds'!!!!!!!!!

••

MSrp°^'?-".™°"'"'
,. 'I.
tr
Fulton
Municipal..

316,1,000
1,850 000 f.*A.
750 ,000 I.* J.
4,000,.000 J.
J.

1,000

1,0001,000

P.* A.

25

1,000,1,000

Var
M.4N.

Va

,

700 ,000

1,000

37.-^ ,000

Var.

123,000

....'.,'!

!!!.'.!!!'

[QuoutlonsbyH.
BleeckerSt.* Fult. Ferry-st'k
Ist mortgage...

Broadway 4 Seventh Av, -St'k
latmortgage
Brooklyn City-Stock
"
Istmortgage
Broadway (Brooklyn)-8tock
Brooklyn Crosstown.— St'k
1st mortgage bonds
'

Busnnick Av. (R'klvn)— stook

50
60
1,000

L.

100
1,000

100
1,000

4J
4J
Q-J,
J.4D

10 2,000,000 Q-F,
300,000 M.4N.
100
200,000 Q-.I.
100
400,000 A. 4 0.
1,000
300,000 J. 4 J
100
500,000 J.* J.
100 1,800,000 Q-J.
1,000

1,000

100
Istmortgage, consolidated
5004c
Bighth Avenue— Stock
100
IslmiTtgage
1,000
«a<l 81. A (Jrand St, Ferry-St'k
100
1st raiirtgage

Central Cross

Town— Stock

1,000

100

.

1st mortgage
1,000
Honst. West St.4 PaV.F' /«=<•»
j-'st'k
100
lit mortgage.
BMpDd AvenUe— Stock !!!!!!!'! 500
100
«x mortgage
1,000
Consol. convertible
1,000
Extension
.

,',

Sixth

.

•

Thu coittma ibows

1,200,000

900,000
1,000,000

4 J.
Q-F.
J. 4D,
J.

Q—J,

203,000 J?4J.
748,000 M.4N.
236,000 &.40.
600,000
200,000 M.4N.
230,000
500,000 J. 4.1.
1,1«9,300

150,000
,050,000

.004c

J,4J.
^.4U.
M.4N.

200,000 M.4 8.
750,000 •II.4N.
500,000 I, 4 J.
100 2,000,000
Q-F.

Avenue— Stock!!!!!

Istmortgage
Third Avenne-Stock ,,
Istmortgage
Twenty-third Street—Stock
^ 1st mortgage

250,000

100
1,000
'

1,000

100
1,000

last dlrlden a

,000,000 J

•8!

.Inly, •80
July, '8i

4J.

600,000

F.4A.

250.00(1

.«,4N.

54

Ic2
113
lO

62X
100
106

.la

35

103

103
93
63
65

HO
80

1000
July,

•81

June,

•81 185

18SS

1103

101

104

63

63
190
110
72

'PI
K July,
J'ly,lHOO

7

Juy,

23^i 28
113^1115

-Pl'iso

'an

iJune ;84]io:)(<|i06
Aug., 'SI 190 200
Nov., '8(1 102
110
July, 'Sli 1.150
16)
July, "Bl'ioo
,"*«„. l'W«
,
July, •«! 110
July, '81 122
127
Dac.1902 118
120
Aug-. •81, 90
95
l-<98
'100
110
Aug., '81 190
I

June,

'93 114
Inly, •SI 185

Jan.,

'81

May,

•«! 185
'93

Kevere Beach

40
27

,..

64

65

21

21M

pref

Peunsylvaula

275
llj
ll'i
1.55

112

00 tlocHs, bat the date of maturity of tond..

.

I

Rio

109K

GandeDv.

lStni.7B,^99
cons. 6s, 1909

do

22>i
61

55H
___
61X

14
22J(
(Sl%

.

m.

-Jd

6s. reg., 1907

107
80

6'l«

Maryland 6s, defense, J. 4 J...
do
6s, exempt, 1887
do
6s, 189L1, quarterly..
5s, quarterly
do
Baltimore

104

6s, IS84, quarterly. 105

do 6s,'.8S6, J.4 J
1<'9M
do 6s, 18911, quarterly...
do 68, parl5,lS90,Q.— M. 117H
i.
118
do 6s, 1893, M.4 S
do 68,exeuipt,^93,M.4S. 22
59ul
l'J7
do 88,1900, Q -J
6oift 63 J4
127
do 68.1902, J. 4 J
ai
2154'
125
do
5b, 1916, new
30
SOx Norfolk water, 88
125

BAILROAD STOCKS.
Ball.4 0hlo

CO
do
do
do

,

...

...

37
24

'•Hh

100 198

Western Maryland

...Sn

5('
Central Ohio
43X' Plttsnurg A Conneilsvllle..3(<
1
I

pref.

Par.

pr<f ...
123
2d pref
__
Wash. Branch. lOO
Parkersb'g Br. .150
50 52H
Northern Central
ist

12>«

13'^
,.,

I

m. ,6s, 190.!
2d m.«8. '85..
1st

121H

52«
17«

46

48

RAILROAD BONDS.

Bait. 4 Ohl(j 6s, 18S5,A.40. .. 109
N, W. Va. 3d m.,gnar.,'85,J4J
J
Plttsb.4 Conneir8v.7B,'98,J 4
Northern Central 6s, '35, J4J1I 8
do
68, 1900, A.40.;iifl
do 68, gld, 19()(), J.4J.lll3
Uen.OhloSe, 1st m.,'90.M.4S.ill3
W. Md.6s,l8tm.,gr.,'90,J.4J. 118
do 1st m., 1890, J.4 J.... 112
'

Val., 7 3-lOs, 18«».
7s,E. eit.,19l6
Inc. 7s, end.. '94

1(1--

mw

do
Sd m. 68, 'i7,. 107
do 2dm.,gnar., J.4 J
'118
Camden «Am.<.- ^o.voup.'aa 104 104H,
do 2dm., pref
1107W
do
fcs, o >
"»
do 2d m.,gr.by W.C0.J4J 112
Jo
mort. 6b. '69
115>4
do 6s. 3d m.. guar., J.4 J. 123
Cam. 4 Atl. I8t ra. 7s, g.,l«93
4 CIn. 78, '92. F. 4 A. ,.. 121M
do 2fi m, cur, 78, ip7n 106 lOSJi. Mar. do
2d, M.4 N
87
Cam. 4 Burlington Co, 68 'vi
do
Ss, Sd,J.4J
45
CatawlBsalst, ts, coDv., '^S
Union BR, 18t, guar.,J.4 J..
"!
'lo
chat,
*

In default,

106«

112

105
100

58>s

,,.

m.. lOa,

110«

BAKiTHTIURIS.

RAILROAD BONDS.

''o

'**

-*yra.Gen.4 Corii^K,lsr,7fi,1905
4 Pac. 1st m.,6s, g..l903

Schuylk. Nav.lst m.bs.rg.,^97

Lehigh Navigation
Peansylvanla
Schuylkill Navigation

115

let., '80
107H 11)
Scot. 'Ai 106

••••

i"

iio«'

Philadelphia* Erie
Pnlladelphia 4 Reading
Philadelphia & Trenton
Phlla.WlImlng. 4 Baltimore

BelTldere Oela.

"s. reg.,l9'(i

4 Del Ist m., <>s, 1S8)
K«ii
Lehigh Naylga. m.,tid, reg.,'84
""'
120
do mort. KR., rg
117«
do mort. gold, •97,
57
120H
120M
do cons. HI. 7s, rg., 1911
56X Morris, boat loan, reg., ISS.'i.
Pennsylvania 6s, couF-, '.910. ioo

|

Norfo'k 4 Western, pref
'lo
do
com
North Pennsylvania

I'l'o'

do

Danv.con3.1nt.6s,i9'5

Ches.

..

Allegheny
Jo
do

70

do

Rch.4

W. Jersey 4 Atl. Utra ss, cp.
vvestern Penn. KR. 6s,cd.'9i.
do
68 P. B.,'9ii. 103
21%
CANAL BONDS.

Atlantic

110

—•
—
60

j

,

do
pref
do
CulawlBsa
pref
do
new pref
do
Delaware 4 Bound Brook...,
East Pennsylvania
Elmlra4 WlUlaniBport
do
pref.,
do
Har.P. Mt. Joy 4 Lancaster
Huntingdon 4 Broad Top...
do
do pref
Lehigh Valley..
IWl
Little Schuylkill

60
soT.iodi 105
60

94

1S93'

do c jup. off, 1E9J.
Tcrlp, issa

do
do

Western...

West Jersey
Wect Jersey 4 Atlantic
CANAL STOCKS.

dib. C0U3.,

cons. m.,6s,g.,1903 100« ioo!^
Iuc.41.gr.,. 8 1915
«2X
UnIon4 TItuav. ut m. 7s, ^90.
108X
Cnltcd N.J. cons. m.68,*94..
Warren* F. Ist m.7s,^96
West Chester conB. 78, '91. ...
West Jersey 6s, deb. coup.,'8:] 100
do
l8tm.6s, cp.,^96.

RAILROAD STOCKS.
Allegheny Valley

ot.PaulA DuluthR.K. Com
do
do pref
United N.J. Companies
West Chester consol, pref

128H
t'3J«

la.m.,"s,roup.,'(>9o.

do
do
ao

do 68,n.,rg.,priorto'9f
do 49, various

Silnehlll

reg.,li*l:

con9.m.«i,g.UtU19ll
lmp.m..6i,g„ ij. 1897
gen. m. 6j, g., C.1'0)

Texas

68,10-15, reg.,l577-^8a,
68,15-25, reg., I WJ-^Ki.
4s, reg., 1894-W04.
Philadelphia, 58 reg

do

do

Stony Creek l6t m. 7s 1907
Sunb. Haz. 4 W.,lst m„58,'23.
CO
2dm.63, '.SM..
Snnbury 4 Erie st m 78, '97..

28

do
do
do

Camden 4

—

2d
cons. m..7s,cp., 19:1 127

Shaniokin V.4 Pott8v.7s, 1901
Steubenv. 4 Ind. 1st, 68, 1884.

Penna. 5s, g^d, lnt.,reg. or cp.
do 58, reg., 1M2-1392
do 5s, new, reg., 189^-190

115

Feb., '81 230
July, 'HO 110
Aug, '81 190
luly, "90 112
Aug ,•81 145
4ay. •«! 105

,

4 Lynn

4

9S

115

PlttB.Cln.4St. L. 7s,cou.,190C- 120

Massacitusetts..

Buffalo Pitts.

If 10
ra.,7s, cp..c3.|

do mort., 78, 1392-3
Phlla.Wllm.4Balt,68,'84....

182

126

Rutland, preferred

do

conv. 7s, B. C, 1893'
78, coup, off, '9.S
Phll.4K.Coal41r'n deb.78,92*
do
deb. 7s. cps.oQ

'70

4

do
Susquehanna

100

July, '94 103
July, :8l UC
Apr , '85 100

601^
\V/
160

Portsmouth
Pullaian Palace Car

no

Apr.,

79

Ujt.. pref...

Nesquehoning Valley
Norrlstown

Broadway.]

7
2

HI
911

0gden8b.4 L.Champlaln ... 45
do
pref..
Old Colony
Portland Saco

93
160

215

104

Ac 30

31

BTATE AND CITT BONDS,

69

60
iS

161

PHIIiADEliPHIA.

Wlhi

do
do
do
do
do
do
do
do
do
Co
do
do
do

70

Northern of N. Uampshlre...
Norwich 4 Worcester

109

-

.*)

Nahsuaa Lowell
Sew York 4 New England.,,

9S

U8«

coas. mo.-t.6s,l»'.J0

do
58,1920! .„
4N.T.. Istm. 70
Pbll.AR. utm.68,ex.duel9;0>

48M

.t Nashua
Wisconsin Centra!
pref
QO

10)

88
I4S

Central Pk. N. \ E ^."v.-SWck
Consolidated mort. bonds..
1,200,000 J.4D,
Chrtitppher* Tenth 8t.-Stock 1,000
100
650,0(10 r.4 A
Bonds

Dry Dock B,B.4 Bat't'''r7'.^3toc'k

52

lo^

&N,

900,000 J
694,000 J.
2,100,000
1,600.000

'8(1

1S97
1900

A.» O.
AN,

Obakt, Broker,

'o'.

Inn., '76

Var.
486,,000 F.4 A.
i,ooo:1,000 Quar,
1,000,>,000

J'lJiy!

1882
Dec,

May,

M *N.

100 1,000 ,000 li,
100 3.000 ,000
750i,oooIm,
100 1150),l,000|

•80

Hojgh.A

Mar.

123S<

„
Phl'.a. Kewfc

63

Out

137

7s, reg., 1910.

ist m.68,coun.,'8;

do
po

Mancheser & Lawrence
ft

m.

con,m.,6s,rg„19^3

Perklomen

Concord
Connecticut River
Conn. & Passnmpsic

123

doreg.,189i,..
2'1

•Phll.Wilm &Ba t.,4s,Tr.certB
Phlla. 4 Erie 2d m. 7s, cp.,'38

62
85

W'^rr.ester

Bid. Ask.

189S
!03
Feb. '78 ^H
Ian., 'SI i;o
Aug., •rl 210
Aug. •81 150

50
20
50
4
100 i,500,1,000 v«.4S
500 1,000,,000 F,»A
100 3,000 ,000 Quar.

Yo'r'k';:;::!;!'.;'

honi's'

Aug.,

i:4!i
i50x;
163

Cheshire preferred
Chi -.4 W. Michigan
cm. Sandusky 4 Clev

95

Penn. Co ,6s reg
do
do
i/i%

Albany

4 Lowel;
& Maine
& Providence

Ve'mont4

Apr., •St 125" 127

Var,
Var,

100 4,000,,000 VI.4N-.
10 l.OOO,,000 ;. & J

People's (Brooklyn).,';,'!,

cwrai

e.

Pfriod

Xl35

.Mar.Hoogh.

City Railroad Stocks aad Bond*.
[Gm Qnomions oy ueorge H, Prentiss, Broker, 17 Wall street.)
Par.

4

...

Ss.

112

Oanand

e^S COMPAHIIS,

Bodton
Boston
Boston
Boston

'.serin g.,7e

do
2dm.7a,cp., '96.
do gen. m. 78, cp., 1903. 121
do gen. m. 7s, reg., 190? 121
do new loan ts, reg .. 108
Oil Creek Ist m. 7s, coup. ,•81. lOIJj
rlttsb. TItU3V,4 B., 78, cp„^9<)
100
do
Scrip
Fa.4N.r.C.4 KK.7s,'895....
do
1906 ....
129H
Penn8ylv.,gen. m, 6s, cp.. 1910
do
gen. m. 68, rg., 1910. 127
do
cons. m. 6s, rg., 1905.
do
cons. m. 6s, cp., 1905.
do
Co
5i

90>i

130

1.0
140
95
8)

100

(Hi Colony, «s
Pueblo 4 Ark. Valley, 7s
Rutland 6s, Ist mort
Vermonta Mass. liti. ,6s
Vermont 4 Cenada, new
STOCKS.
Atchison 4 Topeka

m.f

do
6s,rp.,19JS
123ii
Little Schuylkill, Ist m. 7«,'92
N. O. P«c., 1ft m., 6s, Hi20 ..
98
North. Penn. 1st m. 6s, cp.,'85. 107,i<

;8 ...
do
New Mexico & So. Pac. 7 = ...
102«
Jguensourg « LaKe Cti.6.
Inc
CO
Old Colony, 7«
,..

Fllat4Pere Marq

I'l's

90
75

7j

.

& NewEng.6'

2d

do
do
do
do

113«

Fort Scott 4 Gulf 78
Hartford A Erie 78
K. Cltv Lawrence & So. 4^...
Kas.Citv. St. Jo,4C, B. :s,
Little Kll A Ft, Sii:lth, 78,181 114
.sew i'ork

..

cons. m. 78, i?93...
"o
do
53, 1S95,..
(thaca4 Athens 1st g a, is.,'«3
Junction 1st mort. 6s, '82.
do
2d mort. 68, 19U0
Lehigh Valley, l8t.6s,cp., 189^

:iO?i

101
pref
do
ivt
For: Scott 4 Gulf, pri:f
do
common.
TS6
IowaFslU4 Sioux Cliy
77
Little Kock& Fort Smith ...

«3

150
130

do
do

,..

78

7e, •88

Harrlsburg 1st mor'.es, '81...
a, 4 B. T. Ist m. 7b, gold, '90.
do
Istm. 78, f 1. g.^69
do
2d m. 7s, gold, '93. 110

Easterii (Mass.)

a2)
123
1.13

do

mort.

Ist

E1.4 W'msport, lBtm,,7s,'60. 112
do
5s,perp
100

Eastern (New Hampshire)...
150
Fitchburg

10

100

East Penu.

6s
7*

,

Mexican Ceatra',
29)
70

iva,

i'aJ'>!imnslc, 7b, laSt,

Connctt^n Val ey.Ts
liastcrn, Mass., 4^6, new.

13!)

;t)0

Chartlers Val., Ist ip. 7s.C..t90:
Delaware mort., 68, various..
Del. 4 Bound Br., Ist, 78,1903 185

Pacta-, 68

BR

118

1900. .
es, 1900-1901

Connecting

landmcSs..

t

iv.

new 78

o

<

land grant78

Income
o
Boston 4 Maine 78
doston a Albany's
do
68
Joston 4 Lowell 7s
68
d 1
Hoston 4 Providence 79.,.,
turl, 4 Mo., land grant 7s..
Ei
do
Nebr.68
Nehr. 68 .,,
rto
do
Nebr.is ,.,
Chicago Burl, 4 Qui[icy4i.,.

Fitchburg

150

20
40
50

Lenox
Lone Island (B'klyn)

.

100

1.'5

100
Tr'd'rs

New York E[]uitable
New York Fire
New York & Boston.

210

4

Atlantic

ouu.

118

no
IM

50

& Build
Manliattan
Mech. ^Traders'...
Mechanics' (B'klyn).
Mercantile
Merchants'
Montaiik (Brooklyn)
Nassau (Brooklyn)
National

100
100

Side*

105
125

100
15
50

Lorlliard
Maniifac'rs'

40
50

Union

240
230
»8

50
50
23

I.«fHyette (Br'klyn).

100
100

70
110

103

Kings County (Bkn,)
Knickerbocker

23
20
60

170
130

124

Howard

100

People's*

1-.5

135
fO
100

98

Hanover
Hoffman

Importers'
Irvtnn
Jefferson

i'l'o

12)

,

Home

lie

10
100
100

llsmllton

70
30
25
50

Oriental*

St.

Farragut
Firemen's
Firemen's Trust.
Franklin & Emp

100

North America*
North River'

50
100
40
100
30
ro
17

Empire Llty
Exchange

100

Ninth.

30

(Vmtlnental
Eagle

100
100
100
100

--

17
20
70
100

Columbia
Commercial

23
30
25

Metropolis*
Metropolitan
Mount Morris*

2,1
2,1

Citizens*

BO

lo3
113
2'5
200
190
80

100

City
Clinton

100
100
100
100
30
60
7S
100
100
25
100
100
50

Fourth
Fnlton

50

Brooklyn

25
23

Fifth
Fifth Avenue*
First

Bid. Ask.

American
American Exchange
Bowery
Broadway

Bid. Atk.

Catawlssa— (Cortlnucd)

4 Topeka 1st m,7s.

do
do

COMPAXIKS.

SKOITEmBS,

BXOTTBITIXS,

[Quotations by E. S. BAILEY, Broker,
No. 7 Pine Street.]

List.

xxxin.

Quotations in Boston, Philadelphia and Baltimore.

Local Securities.
iDsnrance Stock List.

Bask Stock

|Toi»"

*8S

+ Per share.

'

moil endorBpd. 118^^

122
lie

114«

108

123
I

87
46

4

AuocBT

THE CHRONICLE.

27, 1881.]

Railroad Earn! ngs.—The lattwt railroad earniagi) and tiie
from Jan. I t« latest datt^s are Kiven below. Tlie »tat«
ment inclodes tlie gro88 earninKX of all railroads from which
The columns nnder the he.ading
retams can be obtained.
"Jan. 1 to latest date" furnish the gro.sa earnings from Jan. 1
to, and inclading, the Deriod mentioned in the second column:
totals

—

Weekorilo.

l.HSl.

#37,08'2

Ala.Ot.Boathem..Iiily

1,18«,000
Atoh.Ton.AS.Kn.Jiino
a.1,422
B08t.A N.Y.Alr-L.Jiine*
43.433
Bur.C.Rjip.&No..2ilwk Auk.
8,951
Cairo* yt.l.<)ul8.l8twlc Aug
Oentrni riioiao...Jiily

225.006

July

Ohea.AOIiln

»17.525
717,012
22,147
3,"l..'553

238,236

21!),.'i0l
2 )2,.V)7
.2il wk Aug.
2,083..S02 l,c>SJ.93a
Chic. Burl.A Q...Jmi('
3J,8.'>3
33,S35
Chlf. A lOimt. Ill..2awlc Aug.
32,920
30,351
ClilcA(i.Trk.Wk.i'ii<l.Aug.20
Ohio. Hll..t8t. P.lMwk Aug. 330.000 222.801

A

Nortliw..2dwk Aug.
Clil.St.l'.MlnA0..3clwk Aug.
Cliic. A W. Midi. 1st wk Aug
.

Ctn. Ind.st. I,.AC.Jiily
Cln. A Bpringt. ..2tl wk Aug.
Clev. Col. Chi. A I 2 I wk Aug.
Clev. Mt. V. A D.'1.2(l wk Aug.

499.200
78.029
20,221
178.801
18.000
89.269

.\Hg.

8.441
128.080

De8M.AM.DiMli:e.2.1wk Aug.

13.3.^3

Denver A Rio Gr
Det. Ijing.

3(1

wk

ANo..l3twk Aug

DubuqueAS.Clty

.2(1

^02,004

$333,491

133.843

132.092
1.194,832
224,023

1,251,75

{

245,192

9,918

CUca^o A Alton

Clili-.

wk Aug.

Banks.

24,402
20, 1 92

450,900
53.925
14,382
201.138
22.007
116,014
9,698
85.170
6.583
21,908
18.638
239,888
91,995
56,879
20,199
101.236
6.181
55,428

1,524.337
4.297.423
0,093,546

1.497,272
4,516,268
9,659.605

.

9,767,000 7,139.804
12.382,141 11,382.102
2,28.).71l

590,400

1,733,14!)
467.22,S

1,247.017

1,287,931

588.375

550.312

2,.i.->l,8Sl

2,.576.52.^

248, S38

259,521
1,717,100
174.597
683,614
617,553

3.187.616
213,675
763,566
636.509

.

. .

.

.

;

—

August 26.

Demand.

Sixty Days.

Prime bankers' sterling bills on London. 4 79 la® 1 SOJfl 4 83 ®4 81
Prime commercial
4 78 '»173ia 4 Blis®4 82
Documentary commercial
4 771234 78
481 »481i!>
Paris (francs)
5 271335 2138 5 23?i®5 21i4
Amsterdiim (guilders)
39>4a 39=li
397aa 40ie
Frankfort or Br6men(relchmarks)
035«3 93''8
94143 911s
U. H. Snb-Treasary. The following table shows the receipts
and pajDients at the Sab-Treasury in this city, as well as the
balances in the same, for each day of the paat week:

—

»«wTork

Payments.

Uwhanlo*'
Union
America
fhonlx
City

Tradeamaa's
Fulton
Chemical
Sallatln Nation'!
Butchera'ikDroT.
Mechanics' 4 Tr.

Greenwich

Leather Mttn'f'rs
Seventh Ward...
State of N. Vork.
American Bxch..

Commerce
Broudwnv

1,309.862
1,739,538
1.511.320
0ie,151
1,549,474
1,506,273

9
64
54
64
93
94

00

1.079,027
869,931
812.573
739.071
1,163,199
1,797,710

13

36
18

53
38
01

83.283,767
87,110,230
87.810,377
87,977,630
88.310.181
83,053,453

60 4,505,461 16
93 4.548,602 32
60 4.517.203 13
71
61

4,527.010 32

06

4,541,046 32

4.5.50.751 93

Republic

8,532,621 59 6.191.315 59
•Included $100,000 gold oolQ roosivel from S.m Francisco Mint.
Coins. The following are quotations in gold for various coins:
Boveretgns
$4 32 a$l 86
Silver Us and ijs.
99^9 pir.
£**';?"""
Five francs
3 82 -3 3 86
92 a
91
Rcichmarks. 4 74 ® 4 78
Mexloac dollars..
87^8
3-i^i

—

I

XX

XGuildcrs

3 92
Bpan'hDoj>)loou8.15 33
Mei. Doubloons. .15 45
Flnosilver bars .. 1 12
Fine gold bars. ...
par

Dimes

A

>«

dimes.

»

3 97
»lo 73
aiS 53

» 1 125i
a 14 preiu.

-^9i«3

par

j

—
—
—

—
—
Do uncommerc'l. — 86 » —
Eogllah silver
4 72 ® 4
Prus. silv. thaler.4. — 68 » —
U. S. trade dollars — 9338 3 —
U.

I

3.

silver dollars

—

9J''8

3

3

<

-(0

69
99)8

par.

MO.OOO
MH.OdC

SJIV.OOO

i,Ma.ooo

5.871.000

lojna.ooo

ulSiZ

4.03S.UOO

_»B»,000

8,4'«>.4'JC

ijmjKO

8,4.7.100
I.H30.4IM
13,S4S.I0C

17.700
B67.SOU

3.158.400
1.UOO.8O0

Ctrtmlm
Urns.

I7d.3(l0

8.5I0.IIUC
8.8ife.700

KI.I«l.lOt

648,900

7,Sa.700

1,4311,400

482,700

2,4f>6,800

I.800,00«

B.039.10C
8.227.80C

831,100
5aj.600
630,000
160,100
428,000
817.500

l.KiH.lJd
8.t»75.llaC

T.miMou
s.ifta.Ttio

Nassau
Market
Nicholas
Jhoe & Leather..
Corn Exchange..
Continental
St.

Oriental

Marine
Tr..

Mech.BkK.Ass'n
North Klver
East River
fourth National.
Central Nat
Second Nation'!.
Ninth National..
First National..

Third National..
N. y. Nat. Exch..
Bowery National
iV. York County..
(3erm'nAmeric'n
Chase National..
Fifth Avenue....
German Exch. ..
(iermiinla

U.S.Nat.

TWMO

6.806300

Jkjtm
Mf^nv

4M,0aU

7.7I1.1XKJ

.... •

474,700
51S.900
83.000
831.000
88.800

4.609.700
7,i«8.S0O
8.661.000
9.303,300
8.IS2.6D0

f^-^

888.000
131,700

wa.soo

t.nn.'ioi!
I5.4M).(100

532700
500.000
3,000.000 I6.770.COO 3.2«i.Ooa
8.054. 1 OV
307,100
600,000
839.000
3.070.U0C
1,000.000
3.0O3.M00
6K.100
500,000
8.o;i,ioo
298.100
500,000
8,453,000
690,000
500.000
415,000
1,8V«.OOC
1,000.000
8.048.»aC 1,531.600
1,000,000
!t.ijii.i>K
1 7.90O
300.000
8.500,000
1.078,000
400.000
1.500,000 83.661.000 a.4«J,400
8,000,000 18.5!«.200 4.63:1.900
185.0,30
W)7.700
500.000
2S.800
l.aSB.200
840.000
1.085,900
131.700
850,000
3,800,000 80.313.OOC 4.593.500
9.885.000
552,000
8,000.000
69B.IHX)
a.otts.ooo
300,000
e,H59.00C 1.687.100
750,000
500,000 17,087.000 4,504.400
7,021.000 1.365.300
1,000,000
1.574.600
239,700
300,000
1,7J4.000
41.OO0
250,000
1,451.300
13.40C
800,000
8,722.90u
888.400
750,000
6,001,000 1.165.900
300,000
1.839,300
874,300
100,000
20l),000
1,272.800
81.900
1.815,800
113,600
200,000
500,000
4,820,500 1,274.400

IrvInK
Metropolitan....

Total

lA.OO^

wn.soQ

4.500 100

i,ooo,oo<;

A

1.10j(.flOO

4JJ8.aO0

450,000
800,000
700,000

Hanover

l.«8;.7O0

a8S.900
877.400
3.424.400
iXO.hOO
4iH,H00
81V.000

8,«T0,1»00

North America..

10.aSIAI0
6.779,000

I43JM

1.371.400

848.300
889,800
76.700
SI.SuO
136.000
181,800
80,400
66.100
so.soo
408.000

l8.Mil.M0

«7 1.300
ao«,8oo
S33.S0O

116.0M
879.400
171.800
1,050,600
190.900

4.165.4O0

407.700

9S15.900

777.00l>

MS.4a0

8,994.30ij

loKioo

8.338.900
1.8S2.DO0

8,780,800
8,588.800
1,5M.«0C
3,371,000
8,083.0,)0

wiSS
.

...

1.180,300
45.000
6,400

™»'«S?

433,000
8.89U.00O
267.000
3,900
450.000
445,700
450,000
4.800

763^00
......

49.000
1.118.800

82.2U.80C

46,000

753.i>00

I.23i.300

199,0J0
836.40)
54.000

\M\jiiA

8«,949.2.X)

6.70ij

188.1'I0

88,700

4,4.>2.0oCi

l»i.a<K
72.800
«to.»oo
1.347.000
290.000
204.900
239.800
818.000
87.000
371.000
418,900
29.100

202.8X

*nM»

8.507.(100

974.8O0
3.(92.200
18.473.000
8.9U0.40C
4.083.000
7.484.600
1.648.800
8.533.700
8.4:6.700
. 1.677.100
8.175.000
7.73O.000
13,770,000
8.068,300

868.400
141.000
607.800
467.S00

m

.664.900
1.072.000
1

109.000
819.700
79.400
171
58.400
135.000
03.000

Wo

79ii6d

813.500
20.431.500
9.039.000
3.535.000
7,834.700
19.270.300
7.369. 70O
1.321.000
1.47H.400
1.671,100
2.476.900
5.662.70e
1,073 8
1.416.400
1.528,100
5.244.400

......

888,600
809,500
1.887.000

».00O
580,800
439.600

265 JMO
225,000
180.000
......

•1300
,,...,

448.S0O

81.182,700 319,542,83' 67.1S3,405 13,812.8.)0 334,783.800 19366.000

I'he deviations from returna of previous week are as foUowB
boans and discounts
Dec. tl.4S1.900 Net deposits...
Dec. 17,986300
Specie
Dec. 4,702.t00 Circulation
Inc.
80300
i

The

I

Dec

Lisml tenders

84.200

1

following are the totals for a series of weeks past:
Loans,
t

1881

Specie.

L. TeTiders.

S

(

5.... 898.485.400 51,894.100 13,289,200 274.442.600
" 12. ...296.252.900 55,S6S.000 12.466,800 871.668.800
"
19.... 300,177.300 50.532.000 12,241.200 277.931.600
" 28.... 3013,622.000 57,W!.9,900 12.934.500 273.386.500
April 2 ...300.28-1.100 57,«ll.OOO 12.710.500 279,495,400
9, .. .363,214,400
18.... 300.38.3.4130
23. ...303,717,600
so,,.. 304,433,200

I2.4r2.700
13.428.600
14.418.200
69,2S9,400 13.784.700
7....310."30.000 73.346.500 16.024,600
Mar
••
14.... 317.730,900 7»,>«7,700 17,131,100
•'
21. ...324.192.800 80.518.500 17.873.000
" 28. .. .332,025,700 79.1,31,H00 18,633.800
June 4.,.. 341.094,900 78.052,100 18,325.300
"
11 ...347.491.900 7(i.M02,8OO 13.313.200
" 18, .. .316.566.800 75.611,000 18.474.300
" 25. .34.'5,490."li0 77.(p91,50O 18,092.900
Julv 12. ..350.491, 100 76,415,600 17.112.300
9.... 352,858,800 77,728,500 16.281.300
••
18.....S48.744,4I30 81,(tl«,M00 17,058,700
" 23.... 349,240,500 81,4»1,100 l«,75i,000
••
30...,319,18S,400 81.013,400 16.031.800
Aug. 6... 350.684.800 76.3lii.»00 16.060.000
••
13.... 331.021.700 7!.!vll.lOO 15.927.000
" 20.... 349,512.800 67.138,100 lj.812.800
••
••

"

.

129,80(3
8a.M19.30<3
6(1.801.200
>V3.

.

—

282,788.500
288,821,100
292.653.000
294.936.300
805..333.B00
Slrt.S 18.400

326.611,700
S32.1,S2.S00

339.548.800
315.643.200
344.307.600
313.810.800
346,488,100
349.813.000
3S1.1S<9.5(30

Loatis.

1981.

••

30..

June

6..
13..

••

"
"

20..
27..

July

6..

11

.

.18..

Specie.

t
149.674.900
150,S:W.500
190.121.100
151.061.400
152.84e,.300

151.29«.400
19(1.957.-«)

15*.6S7.000
160,767.100
161.586.800

168,181300
163,743,900
164.264.800
165,383.500

6.714,400
8.843.400
6.878.700
7.303,700
7,964,200
7.853.900
8.2"0.100
8.457.100
8,857.800
9.111,900
9.848,100

10.345300

1..

05:).507.1S»

«14,r24,68»
831.848.908

hi.lM.300 844.816.881
19.185.300 934,014.185
19,212.900 932.788.3aS

Deposits.*

Clrtulotion.

*
3.117.300
3.039,100
8,938.200
3.894.700

05.954.900
96.911.700
98.513,900

30.7'.(0.800

10'.,631,500

8328300

106.244,700
109,751,500

3,174.500

80,93>».900

30,997.100
30.478.500
30,822,700
80.989.600

114,58.8,700

80.716300

8312,900 116.102,600
3377.600 112.963300
3395.600 113.193.800

«0,77S.IOO
30.948.100

114,086.000
114,598,000
113,893.900

81,07<,600
81,886,100

8.309.300

8,704300

Philadelphia Banks.— The

Bostoa

totals of the

10.888.000
3.797.700
••
3.2-8.700 114.431.41)0
10,192,400
10,192.400
8..
" 16.. 165.169300 9,132.800 8.116,000 t:l.85:f.4fl0
•'
8,712,500
8,712.500
3.123,600 110,450,000
22.. 18(1.110,7C0
* Includtntr the Item " due to other banks.

Aug.

19.14 1.*)0

19.178,800
19.149.200

L. Tenders.

3380.100

Clear

15.448,500 1241.03O.67»
15.466.100 1020.907.960
13.771. :00 8l2.303.68t
16,6:i0.500 774.884.70S
16.713,500 960.448.290
16.709.000 815,034.4,8*
16,860,200 724,170.358
17.217.400 978.283386
19.600,100 870.882.885
18,664.200 1144.476.780
18.596.900 1078,358.065
19.13S..'10O 1212.847.632
19.301.200 1198.726.141
19,263.300 91U,3>.ll.80O
19.238.100 97.8.180.859
I9..)05.300 ini9JJ15.0»l

332.858.800
331.777,900
317.312,700 10.360.800 847,09 ..61
342.r22,400 19,486.000 686.048.774
334,7»3,800 19,366,000 885.491.3U

Boston Banks. The following are the
banks for a series of weeks past
.May 9..
" 1.1..
" 23.

An.

Circulation.

Deposits.
t

Mar.

80,901300

31376.600

An-

Clear

95.2-J7.624
8.5,403.247

92.454308
96.8S137I
92.868.81S

87.608368
83,884.803

88.4n.aa7
104.780.730
83,078.711

81388.«B0
88.6843*7
7X330,460

31.491.900
31.439,100

80:882.064

31,689300

80.4a93G«

793S33D0

totals of the Philadelphia

banks

are as follows:
1881.

Mar

Total

«x/7.000

TTUBJJOfl
7,S»1.I0«

1,000.000

Pacltlo

Park

mhtr

Man U.S.

l.l.Toa.O*)

1,000,(XX)

Mercantile

••

Currency.

Coin.

$
20...
22...
23...
21..,
25...
26..,

8.000,000
2,050.000
8.000,000
9,000,000
1.800,000
s,oao;oao
1,000,000
1. 000,000
1,000.000
eoo.ooo
800,000
1,000,000
1.000,000
300.000
800.000
800,000
aoo,o(M
300,000
800.000
5.000,000
8,000.000

)lerohants

Importers'

trstttffs

Lsaml

apscts.

$

Uanhattan Co...

"

Balances.

Aug.
•
"
"
"
"

Loans find
discounts.

Merch'nta' Kxoh.

287,888
Juun
Eastern
111,893
East Term. V. A O .2 wksAu
1,107,403
913,491
A Pere Mar. 2 wks Au£. 05.096
21.170
Oal.Bar. t San A 1st wk July
3,257,271 3,051,359
90,133
Gr't Western. Wk.pnd.Aug.19
6.970
Gr'n Bay A Miuu.2<lwk Aug.
1,313,100 1,171.721
52.543
HanuihalA St. Jo. 2il wk Aug.
78.533
9.171
AS. 831
12.520
iron.st.E.AW.Tex.July
61.471 2,102,562 1.800,892
72.298
BniiHt. A Texas C. 2d wk Aug.
3,469.603
3,187,191
687.732
548,936
lUUiols Cen. (lU.) July
907,136
910,637
168,158 136.303
(Iowa). July
Do
717,239
27.187
727,609
26.578
IndlanaBl. AW..2dwk Aug.
21,473
Do Ohio Div.2dwk Aug. 20.672
260.711
42,908
212.201
45,582
IncLDcc. A 8p...Juiv
29.765 1,118,169
51.099
888,019
Int.AGt.Nortli..2dwk Aug.
73.531
Jiuie
89.918
Iowa Central
833,197
20.432
650,931
28,506
K. C. Ft. S.AGulf.l.st wk Aug
813.411
63.1,560
31.803
38,430
Lake EiioA VVe8t.2d wk.Aug.
32.627
167.928
173.178
33,743
Louisa. A Mo. R.May
176,000 6.H71.616 5.368,019
Lottisv. A Na«liT.3dwk Aug. 195,800
704.670
597,756
20,030
Memp. A Charl. 2d wk Aug. 21,981
142.061
121,236
3.949
4.346
Menip. Pad. A No.2d wk Aug.
320.171
7,319
236,368
13.700
Mii.L. Sli.A West.3dwk .\ug.
502,153
323,165
13,065
Hlun A St. Louis. 1st wk July 24.480
tMo. Kans.A Te.x.2d wk Aug. 158,205 108.444
Blissoiiii Pacific .July
1,317,663 980,963 7,011.819 5,836,909
Mobile A OUlo.... July
131,009 130,740 1.210,532 1.139,364
Naahv. Cl>. A St.L. July
150,430 151,594 1,229.6.53 1.176,271
N.Y. L. ErieAW.Jnne
1,794,982 1,661.812 9,997,393 9,091,064
N.Y.AN. Engl'd.July
241,822 210.257
N. Y. N.H.AHart.June
488,440 ,169,116 2,676,860 2,211.531
N. Y. Pa. A OUlo.Junc
447,279 363.436 2,733.997 2,421,630
Norfolk A West... July.
161.940 145,585 1.155.8S3 1.048,099
Northern Central. July
440.811 450,293 3,102,677 2,666,088
Northern Pacifio .3d wk Aug.
77.386
50,468
Ohlo8outhem....2dwk Aug
5.020
Oreg'n R. Nav.Co. July
406.500 273.145 2,160.877 1,774.0.53
Pad. A Elizabetht.2d wk Aug.
8,464
7,660
302,701
228.534
Pennsylvania
July
3, 80.118 3,419,614 25,331.237 22.883,715
Peoria Doc. A Ev.2d wk Aug.
19,533
11,101
331,056
233.322
Philadel. AErie..June
350,585 331.024 1,723,027 1,774,798
Phlla. A Reading. July
1,835.725 1,282,835
St.L.Alt.AT.H. ..2dwk Aug.
26.311
31.798
833.940
831,295
Do
(»rcli8).2(lwk Aug.
15.000
15,649
440,531
391.849
Bt. L. Iron Mt.AS.2dwk Aug. 152.600
144.898 4,173,229 3,303,773
Bt. L. A San Fran 3d wk Aug.
62,900
61,000 1.902,372 1,503,327
Bt. P.Minn. A,Man. 3d wk Aug.
91,600
50.100 2,625,976 1,878,564
Bcioto Valley
11.052
3d wk Aug.
6,168
235,194
191,335
South Carolina. ..May
66,195
58,113
513,624
4.37,166
Bouthern Pacific. Mav
508,000 415.953 2,015.300 1,811,707
Texas A Pacific .2d wk Aug.
83,596
52,074 2,119,510 1.439,969
Tol. Del i>. A Burl. July
47,350
T.
Vnion Pacific ....July
2,528.826 1,934,215 14.0.)7,408 12,383,339
Wat). St .L. A Pao.2d wk Aug. 373,943
274,417 8,055,111 6,911,683
' 5 per cent basis in 1881
6 per cent la 1880.
Including
leased lines.
i
Exchange. <Juotations for foreign exchange are as follows,
the outside prices being the posted rates of leading bankers:
Flint

Beeeipls.

OafUal.

.

1.8.59.000 1,840.007 12,6.52,544 10.344,7.'i9

...

New York City Uanks.—The tollowing statement shows th*
condition of the Associated Banks of New York Citjr for th«
week ending at the commencement of bosinefls on Aug. 20.

--Jan. 1 lo tatetl dale.—
1881.
1880.
1890.

LnlesI earningt reported

.

223

-

9..
16..

"

SO..

6
June
••

13

•'

2.1

27
JulT 5

•

"
••

Aug.
••

11
18

Loans.
«
75.101.008
74.801.579
74.942.670
75,34».4-9
76.812.561
76,471,207
77.951,888
78.188.818
79.1.81.999
77.781,>.I9

77.364.707

L. Tenders.
*
18.906.813
19.494.116

21.920.180
21.981.086
81.536.243

74301.779
74.343.(»5
74.019.912

10.447.1.'1a

9e.680.8'7O

10.40»,7«7

81388.680

81.91.3.714
8il.Ht3.465

74.288.1(03

10319370

74,910066
76 008300

i8304304

1

8

t
66.07B.479
91.688.88?

•i4.ft33.519

88 888,889

16

An- OUar.

83,7«),C66

83.17 4.323

77.746354

»J

*
10.473.543
10.334.183
10.219.090
10,837,440
10,843.810
10.478.009
10.473.674

83.850367

21.810394

78.897,888
78.600.848
79.014.4;8
79,149.488

"

»
«.?.027,30«

e8.8"9.103
70.497.586
71.688.803
74,962.614

83

"

Deposits.

Circulation.

82,48«.na0
81.9t7.747
«l,4i3.V7t

7.5.1.38.751

74.810.237
74.001.887

ra.80e383

10.8R/.T71

10386,687
10.370.894
10.908.088

10316.178
10303,483

6a.t6S388

62314.8M
66.488.648
a8.57V,ee»

60.077340

50371390
60^80355
49.S863M
46,448.867
61.S4II.7S8

44.04a.7M
48.449.130

THE (JHRONKJLE.

221

Ifet

rear*.

%nvt$tmtnts

1867
1868
1869
1870
1871
1872
1873

AND

STATE, CITV ANP CORPORATION FINANCES.
Supplbmbst contains a complete exhibit of the
Funded Debt of States and Citiei and of the Stocks and Bonds
It ii published on the last
of Railroads and ot/ur Companies.
Baturday of every other mod:,— viz., February. April, Jane,
August, October -ind Decmber. and is furnished without extra
ehargt to a>.l regular subscribers of the Cheosiclb. Single copies
are sold at $2 per copy.

The

IjrVBSTORs'

ANNUAL REPORTS.
Atlanta

& West

Point.

{For the year ending Jttne 30, 1881.)
This small and prosperous Southern road issues its report for
the year ending June 30. Since the close of the fiscal year a
stock dividend of 100 per cent has doubled the capital. The
bonded debt is hardly more than nominal and will soon be paid

fond.

The earnings

for the year were as follows

PiuMiKB

FrelSt
HaU»,i]EO

Total

;

Espenses
Neteamiiigs

:

1880-81.

1879-80.

8114,227
263.200
40,026

$110,592
220,215
37.322

$118,054
310,420

$368,130
214,801

$107,634

$153,329

Expenses include $6,000 for rental of Central and Georgia
tracks; also, about fBO.OOO for new equipment and other betterments of property. The large increase in expenses is due
partly to these bettermente and to the heavier lower rates and
general increase in prices.
Payments from net earnings were as follows.
Net enruings as above

Tons.

rear*.

2.550
7,225

1874
1875
1876
1877
1878
1879
1880

9,6.50

34,000
38,250
94,070
129.015

".

XXXIII

AX Tons.
.....144.954
290,863
412,461
432,189
550,398
683,964
954,460

:

IRON BAILS AND EOLLED lEON.
The following table gives the production of all kinds of rolled
iron from 18C4 to 1880, in net tons.
.

Iron Bails.
335,369
356,292
430,778
459,558
499.489
583,936
586.000
737.483
905,930
761,062
584,469
501,649
467.168
332.540
322.890
120,160
493,762

Tears.

1864
1865
1866
1867
1868
1869
1870
1871
1872
1873
1874
1875
1876
1877
1878
1879
1880

off.

The President's report says that the results of the year are as
favorable as could have been expected, in riew of the general
reduction in rates and the increased cost of working, on account
of higher prices. The rates how prevailing on through business and those established by the Commission on local business
do not admit of the accumulation of any considerable reserve

[Vol.

Boston

Other Rolled
lion.

536,958
600,OJ8
595,311
579.838
598,286
642,420
70.-..000

710,000
941,992
1.076,368
1,110,147
1,097,837
1,042,101
1,144.219
1,232,(!86

1.627,324
1,838.906

Total.

872.327
856,340
1,026.089
1,039,396
1,097,775
1,226,3.56

1,291,000
1,447,483
1,847,922
1.837,430
1.694,616
1,599.516
1,509,269
1,476,759
1,555,576
2.047,484
2,332,668

& Albany— New York New Haven & Hartford.—At

a recent meeting of the directors of the Boston & Albany Railroad, a proposition was made for a lease of the New York &
New Haven Railroad by the former, for a term of 99 years, at
an annual rental of 9 per cent. It is understood that the proposition was the result of a conference between Mr. Vanderbilt
and the New York & New Haven board and Mr. Bliss. Mr.
Bliss, howtver, did not urge it at the meeting of his directors.
It was stated that Mr. 'Vanderbilt was in favor of it, and that
he might even consent to assume half the lease. The rate of 9
per cent was mentioned in the proposition because that, it was
claimed, is what the New York & New Haven is now earning.
One of the State directors oflfered a resolution that it was inexpedient to make the lease at 9 per cent. This resolution was
finally adopted by a vote of eight to three.
It was argued by
those who opposed the lease, in the first place, that the rental
was too high. A computation showed it would entail a perpetual expense of about $1,600,000 a year. The capitalization
of the proposed leased road was stated to be nearly double what
a parallel line could be built for.

—

Canadian Paciflc. Forty miles of the main line of the
Canadian Pacific are now completed west of Portage La Prairie.
Interest accouut
$3,524
Grading on the whole of the air-line between Winnipeg and
Dividends, 8 per cent
93,576— 102,100
Cortage La Prairie is going on, and track-laying has been
Surplus for the year
$5,533 commenced. It will be finished for traffic by September 1.
Montreal dispatches report that the Canadian Pacific Railway
The general account June 30 was as follows.
Stock ($15,212per mile)
$1,232,200 Company has begun its financial career on an extensive scale
Bonds ($556 per mile)
4.5,000 by selling to a syndicate of Montreal and New York bankers
Accounts aod balances
Profit and loss

$107,634

.

Total
Koad and property ($14,675 per mile)
Stock Vick.tbnrg & Meridian B. R
Accounts and balances receivable

.

15,440
42|273

$1334 913
'.'$1,188,656

3,234
85,070

0««1'

57,958- 1,334,913

GENERAL INVESTMENT NEWS.
American Iron and Steel.—The statistics of iron production
have been compiled, as usual, by Mr. James M. Swank.
His report has the following Counting all pig iron produced
*ith mixed fuel as if it had been wholly made with the fuel
chiefly used in the mixture, whether anthracite or bituminous
coal, the quantity of pig iron smelted with anthracite
coal,
bitummous coal or charcoal, from 1872 to 1880, w»s as follows,
ta 1880

$10,000,000 of five per cent bonds, the first issue of $25,000,000
charged against their land grant in the Northwest. The price
paid by the syndicate is 92^ per cent.
In October next
$5,000,000 more will be placed on the market on the same
account in New York. The remainder will not be issued for
some time. Montreal has taken $2,600,000 for its share. The
syndicate is represented in New York by John S. Kennedy
Co. The land office of the company, which has been only
shortly opened, has already sold 400,000 acres of land at $2 50
per acre, and negotiations are now pending for the sale of
400,000 acres more. The company has agreed to accept payment for lands in its 5 per cent bonds at 110.

&

:

in net tons
Tear.

Anthracite.

J872
JIX?
}87*
JfJS

1,369,812
1,312,7.54

1,202,144

908,046
794,578
934,797

MTg

J877
1878
1879
1880

1,092,870
1.273,024
1,807,651

-Fuel used
Bituminous.
984,159
977,904
910.712
947,545
990,009
1,061,945
1.191,092
1.438.998
1,950,205

Charcoal.

Total.

500,587
577,d20
576,557
410,990
308,649
317,843
293,399
358,873
537,558

2,854,5.58

PBODUOnON OF BESSEMBE STEEL IN

2,868,278
2,689,413
2.266,581
2,093,236
2,314.585
2.577,361
3,070,875
4,295,414

1880.

The

total quantity Of Bessemer steel
ingots produced in the
United autes in 188O waa 1,203,173 net tons,
or^l,074,262 gross
tons, against 923,972 net tons in
1879, 732.226 net "om in 1R78
and 560,587 net tons in 1877. The increlse over
1879 was

274 201
net tons or 30 per cent ; over 1878 it
470^947 net tons or 64
1877 'twas 642,586 net tons! or 115
cent

^V:li
Tears.

1872.
1873.
1874.

1878
,Q_«
*876

wm

T

yet tons.
120,108
170,652
191,9J3
375,517

Tears.
1877...
1878...
1879...
1880...

525,996

to^o?8^°lfc°L^'''*''™*""-'"l*^'

P

yet tons.
560,587
732,2'2(;

928,972
1,203,173

'*"^ '" 1880 was 954.460 net

—

& Alton— St. Louis Bridge. Salt has been brought
a county court in Illinois in the name of the people of
against the Chicago & Alton Railroad Company, the
Wiggins Ferry Company and the tit. Louis Bridge Company,
for an injunction restraining the operation of the pooling
arrangement existing between those companies, on the ground
that such combinations, preventing competition in the transportation of freight across the Mississippi River at St. Louis,
injure the public. The suit is brought on information of
prominent citizens and shippers of Madison and St. Clair counChicago

in

Illinois

ties.

Chicago Burlin?ton & Quincy— Wabash St. Louis &
Of the complications between these companies, the
Boston Transcript says
"It will be remembered that the Union Pacific, the Chicago
Burlington & Quiney and the Wabash entered into an agreement about a year ago defining their respective territories. In
this agreement the Union Pacific and the Wabash agreed to
keep out of the territory of the Chicago Burlington & Quiney
in Nebraska
the Chicago Burlington & Qaincy agreed not to
extend its line to Denver, and theWabash agreed to keep out of
the territory of the Chicago Burlington & Quiney in Iowa, save
that these two roads were to extend the Missouri Iowa &
Nebraska Road jointly through southern Iowa to Omaha.
Daring this summer the Wabash, in violation of this agreement, nas built into Des Moines. This the Chicago Burlington
& Quiney considered a violation of the compact of 1880, but
only grumbled. A few weeks ago the blood of the Chicago
Burlington & Quiney managers was again stirred by the organization of a company to extend the Missouri Pacific up the
west bank of the Missouri into the Nebraska territory of the
Pacific'.

—

;

Chicago Burlington & Q'uincy. Mr. Perkins, the Vice-President of the Burlington, notified Mr. Gould that his company
considered this action to be in violation of the agreement of
1880.
Mr. Gould said that he cOuld not so regard it, and that

AU008T

THE CHRONICLK

37, 1081.]

this wwt -shore road into NeForthwith thuBiirlingtoa men put on thuir war paint,
»nd dnring tlic yant tlifne week.s man/ coan«ils hav« been lield
In this city, at wliicti not only the dii'ectofH of th^Uhicago Burlington & Quinsy, but all the liical manajfcrs West Iiuvh b«en
present. They foiiiially nuliHed thft Union Pacilli; and the Wabash oompanie-H hat, the compact of 1880 having been twice broken (flrot by the Wabash extension to Des Moine.s and Hec(mdly
by the starling of a railroad up the west bank of the Missouri
by a company in which the Wabash and Union I'aiilic were the
directors), the Chicago Burlington & Quincy Railroad Company should act independently In regard to its extensions, and
as its own interests dictated. This of course meant nothing
Mr. Jay Giuld
less than an immediate extension to Denver.
then notified the Burlington Company' that if it built into
Denver he would immediately extend the Missouri Kansas &
Texas from Quincy into Chieago, parallel with the Chicago
Burlington & Quincy's Illinois line."
Chicago St. Pan! Minneapolis & Omaha.—It is reported
that the Chicago St Paul Minneapolis & Omaha Road has sold
f2,2.')0,000 worth of land to an KngUsh colony in which the
Duke of Sutherland is interested.
Cinciunati Southern. There was much competition in the
bids for the lea.fe of this ro.ad which were opened at Cincinnati

It Is andentood that the papora have been signed,
has been decided to make the change on Sept. 1.
CloTelnnd IMt. Vernon ft Columbns.— At Akron, 0., Aiur.
20, the Cleveland Mount Vernon i1( Colambns Railroad, extending fnim Hudson to Columbus, and also tr) Dresden, with its
frinchise4, equipments, tolls, property and interests, was sold.
It was purchased for $1,142,200.
There wai only one bid, that
of H. W. Smithers, of New York, representing the Porcbasinff
Committee of Holland bondholders. Mr. Smithers immediately
paid $20,000 upon the parchase by certified check.
Urand Rapids & Indiana.—The cashier of the land department, Mr. G. C. Pierce, makes the following statement of sale*
for the month of July, 1881

he proposed himself to bnlld

Railroad.

braskn.

and

t

—

on the 25th instant. At 12 o'clock the trustees commenced
opening the bids for the lease, which is to be for twenty-five
years in live periods of five years each, with separate
.rental during each of the live periods. The first bid

,

annual

was by
Nashville Railroad Company as follows For

.the Louisville &
the first period, $.5(;(),000 annually ; second period, $700,000;
third period. $800,000; fourth period, f900,000; fifth period,
$1,000,000; total. $19,500,000.
The second bid was by the Cincinnati Common Carrier Company, W. H. Clements, President. For the first period, $550,000 per year; second period, §750,000 per year; third period,
fiiOO.OOO per year; fourth period, $1,050,000 per year; fifth
period, $1,2.50,000 per year; total, $22,500,000.
The third bid, by Clements, West, Lippincott & Co., was
somewhat informal and not strictly in conformity with the
terras of the proposals.
The fourth bid, by R. G. Huston & Co., was as follows: For
the first period, $720,000 per year ; second period, $840,000 ;
third period,
$960,000; fourth period,
$1,120,000; fifth
period, $1,200,000; total, $24,200,000.
The fifth bid, by George F. Doughty and associates, was as
follows First period. $747,000 ; second period, $817,000 ; third
period, $1,000,000 ; fourth period, $1,100,000 ; fifth period, $1,200.000 total, 24,420,000.
The last-named parties made an alternative bid as follows
First period, $1507,000 second period, $707,000
third period.
$1,000,000 fourth period, $1,200,000; fifth period, $1,500,000
:

.

:

;

:

;

;

;

;

total, $25,070,000.

The same

parties submitted another modification of the same

bid.

The sixth bid, bv John Scott, representative of the Alabama
Great Southern Railway Company, did not comply with the
terms of the invitations tor proposals and was rejected.
The seventh bid was by Fred. Wolf, in the interest of the Alabama Great Southern road. For the first period, $800,000 per
annum second period, $900,000 third period, $1,000,000
;

fourth period, $1,090,000

226

it

Land

lalen.

&

C.

P.
I.

<b P.

C.

I.

A

P.

M. Uallway fur
Co.

fifth period, $1,250,000

;

total, $25,-

300,000.

The eighth bid was by E. W. Cole, for the East Tennessee
Virginia & Georgia Railway. For the first period, $600,000;
second period, $750,000; third period, |900,000; fourth period,
11,000,000; fifth period, $1,400,000; total, $24,500,000.
The ninth bia, by James M. Clark & Co., was informal. It
offered to pay $20,000,000 in 3}^ per cent United States bonds
for the road and assume all its other obligations and liabilities.
The tenth bid, by .Samuel Thomas and associates, was as
follows: First period, $880,000; second period, $1,1 10,000; third
period, $1,250,000; fourth period, $1,375,000; fifth period,
$1,550,000; total, $30,S2'">,000.
The reading of the bids was concluded at 12:35 P. M., and the
boardadjourned. The suras named are annual rentals for each
of the five years constituting a period.

Colombtis Hocking Yalley & Toledo.—The Cincinnati Enguirer reports that the articles of consolidation were filed at
Columbus, August 21. The document recites that the companies are consolidated under the name of " Col. Hocking Val. &
Tol. Railroad Company," with an authorized capital stock of $20,000,«00—$10,217,200 of which is to be issued in exchange for stock
of the companies c:nsolid...ted. Columbus & Toledo and Columbus & Hocking Valley shares are to be exchanged for the new
stock, share for share, but Ohio & West Virginia stockholders
get a share and a half of the new for every share of the old
surrendered by them. The par value of old stock is $50, and
that of the new $100 per share. There are less than two hundred shares of the stock of old companies outstanding, all the
rest having been surrendered to the Cleveland syndicate at the
price agreed on nearlj- two months ago. The total number of
shares of original stock was 95,250.
Notice was given for an election of seven directors of the new
company to be held on the 10th of September, at which time
the Cleveland owners will be made directors.
Concord— Boston & Lowell.—The directors of the Concord
Railioad and the Boston & Lowell Railroad, with its leased
linee and branches, have entered into a business, or pooling,
arrangement, by which &.11 those lines will, for the next five
years, be managed by the present management of the Concord

3,755

iiHintli

Co.

880,000 Inc..

2,ff75

Iiitcrestliijolut iBndB, P.

9,466

lutcrpst In joint lana»,F.
total Hales
I. and C. I.

M. Railway,

month U. K.

50,313

Dee. 40,846

330,308

&

Co.'d laiiUa

00,M33
12,184 Inc.. 57.648
of acres certified to Grand Rapids & Indiana Railroad Company, 852.960-28; number of acres sold, 298,570;
remaining unsold, 554,390; number of acres acquired by purchase from Flint & Fere Mar^iuette Company, 88,238 ; number
of acres sold, 22,577 ; remaining unsold, 16,661.

Number

Lake Shore & Michigan Soathern— Detroit Hlllgdale ft
Southwestern.-The Detroit Post and Tribune saya "The
information that ';he Lake Shore & Michigan Southern Railway
Company has purcha-sed the Detroit Hillsdale & Southwestern
:

comes directly from Mr. Elijah Smith, of Boston, who has the
control of the stock of the road. He says he has so'd the road
to William H. Vanderbilt."
A press dispatch of Aug. 25, sars " Rumors have been
current alleging the purchase of the Detroit Hillsdale & Southwestern Railroad by the Lake Shore & Michigan Southern
Company. No sale has been consummated, and none is contemplated, but negotiations are now pending for the ratification
of a contract under which the road will hereafter be operated
by the Lake Shore Railway Company."

—

:

Long Island Railroad.— At the call of the Receiver of the
Long Island Railroad, a number of bondholders met at 115
Broadway to take action as to the proposition to reduce the
interest on the Smithtown & Port Jefferson and the Rockaway
branch bonds. The branch of the Long Island Railroad from
the main line at Smithtown to Port Jefferson was mortgaged
for $600,000, the bonds being guaranteed by the Long Island
Railroad. The bonds were to run thirty years and bear interest
at the rate of 7 per cent. At the meeting on Thursday more than
$500,000 of the $600,000 in bonds were represented either in
person or by proxy, and the bondholders agreed to exchange
their 7 per cent bonds for five per cent consolidated bon&.
Secured on the whole line of the Long Island Railroad. The
bondholders of the Rockaway branch agreed at the same time
to similar terms. Their bonds amount to $250,000, run thirty
years and bear 7 per cent interest. These reductions save the
company about $20,000 a year on the interest account.

—

;

;

fae.O?? $11,304 Ino..9ft4.773
356,373 341,902 luo.. U,171
3,921,070

M. Hallway for? montlin...

Total for

1880.

Ifl81.

Total fnruioiitli (J. R.&1.RR. lands
Total for seven inontlui
Total g;il<;8 O. K.& t. KK lands
C. I. Co. liiteruat III joint lanila, F.

Louisville & Nashville. The following is an official statement showing the gross and net earnings for each month of

the last two

years:

fiscal

1879-80.

.

.

Uitei

Miltt

July

August.
Beiiftier

October.
Nov'ber.
Dec'ber.

Qrost

Net

eartiinga.

IHlO.lilB

earnings,
$150,1)64

443,749
527,214
609,577
697,032
681,811

154,806
229,577
279,809
353,654
346,943

Six moH. $3,378,631 $1,520,755
Jan'ary.
$674,455 $3'i5,903
Feb'ary.
575,035
242,346

March..
April...

May....
June....

612,593
563,882
655,014
976,229

optrated.

Gross
earn mgs.

972

$772,536
827,088
931.910

1,107
1,107
1,107
1,107
1,107

1,107
1.107
242.045 1,287
169.140 1,318
238,422 1,561
479,029 1,702

Six mo8. $4,057,211 $1,706,887
Year.... $7,435,843 $3,227,643

Net

ope-

earnings. rated.

*289,961
312.606
382,922
410.388
425,842
366,130

1.840
1,840
1,840
1,840
1,840
1,840

$5,434,134 $2,187,811
$816,959 $250,393
805,124
201,568
361,465
947.959
317,187
850.862
306,380
828,725
573,710
1,227,885

1,840
1,840
1,840
1,840
1,840
1,840

1,000.326

953,086
949,184

$5,477,516 $2,010,706
$10,911,650 $4,198,518

—

Michigan Central. The Detroit Mackinac & Marquette Railroad and the Mackinac branch of the Michigan Central will be
completed by October 1, making a continuous line of rail communication from Detroit to Marquette. The Michigan Central,
having purchased the Detroit & Bay City Road, has a direct
line to the Straits of Mackinac.
Missouri Iowa & Nebraska.— Tne extension of this railroad
The old
will be completed to Shenandoah by November 15.
portion of the road, from Keokuk to Humiston, is owned by the
Wabash Company, but the extension from Humiston westward
is being built jointly by the Wabash and the Chicago Burlington & Quincy, and will be jointly operated. The new distance
from Humiston to Shenandoah is about one hundred miles, and
to Omaha, by the Wabash, fortjr-seven miles.
The completion of this line to Shenandoah will enable the
Wabash to open and operate a new route from Chicago to
Omaha. The route will be via the Chicago Division, the Toledo
Peoria & Warsaw Division and the Missouri Iowa i Nebraska
Division to Shenandoah, and thence via the Wabash Company's
St. Louis line to Omaha.
N. T. World.

from Shenandoah

THE CHRONICLE.

226

Shore & Bnffalo.-At Albany, N. Y Aug.
mortgage ever filed m Albany County was
is given
received at the Clerk's oBce. It is for $50 000,000 and
to
by the New York West Shore & Buffalo Railroad Company
of New York as trustee.
Se United States Trust Company railway
company is formed
The indenture) sets forth that the
Buffalo
by the consolidation of the New York West Shore &
lUilway Company, the North River Railroad Company and the
is to
Jersey City & Albany Railway Company. The purpose
N.
construct a railroad from Weehawken, m Hudson County,

New York West

^Iie ([^oxnmtvcml %xmt$.

,

19. the largest

COMMERCIAL EPITOME.
Feidat Nioht, Apquot 20, 1881.
There have been several influences acting upon trade circles
in the past week. Almost the last hope of the recovery of
President Garfield has been given up, and at this writing his
condition is critical indeed. There was a check to the speculation in bread-ttnffs, attended by a greatly-increased business for
export. A speculative "corner" on August contracts for cotton
has disturbed prices for this staple. Trade generally is fair

opposite the city of New York, along the west shore of
CatskiUs,
the Hudson River to West Point, Nowburg, Kingston,
Athens and Coisackie, to or near Schenectady, and thence along
Syracuse
OT near the south shore of the Mohawk to Utica.
snd Buffalo, with branches to the cities of Albany and Syracuse.
The rate of interest is 5 per cent.

J.,

New York Pennsylrania & Ohio.— A statement published
London gives the actual earnings for Juce as follows

for the season.
The provision

market has been alternately higher and lower,
though the course of prices has favored an advance in most instances. This market is but the reflection of the Western markets, and many "long" accounts have been opened in Chicago
during the past week. To-day new mess pork was sold here at
$18 75 for contract and $19 25 for re-packed on the spot; September contracts were (juoted at $18 50 and October at $18 65.
Bacon has remained quiet and nominal at 9J^c. for long clear
here. Cut meats have been dull and unchanged. Beef is easy
Beef hams are
at $22 50@$23 50 for city extra India mess.
quoted at $22@i$23. Lara[ opened easy to-day but recovered,
and closes a trifle higher, with prime Western sold on the spot at
ll-42^@H-45c.; August options realized ll-42>6@ll"45c.; Sep-

in

:

Gross earnings
Expenses, rentals and

*iiZ'?I5
d77,J.!0

all cliarges

$70,059

Net balance

As compared with June,
843
six

a

1880, there

was an increase of $78,-

The
in gross earnings and of $31,934 in the net balance.
months ending June 30 show a net balance of $368,402, being

decrease of $53,223 from^ the corresponding period last year.

will be sold September
under a decree of foreclosure made bv the New York
Supreme Court. The road extends from Flashing, N. Y., to
Great Neck, seven miles. It was formerly consolidated with
the Flushing & New York and the Central of Long Island,
forming the Flushing North Shore & Central Company.

North Side (Long Island.)— This road

tember, ll-37^@ll-42>6c.; October, ll-57}6@ll-60c.; November, ll-67?6@ll-72^c.; December, ll-72>6c.; seller year, 11-37^
@ll-42^c.; January. ll-80@U-87?^c.; refined to the Continent,
Butter has advanced, owing to the scarcity of fine
ll'SOc.
grades. Cheese, on the contrary, is easier, at 10M@ll^o.
for good to choice State factory. Tallow is strong at 7@7>^e.
Stearine has declined to 12^4c. The following is a comparative
summary of aggregate exports from November 1 to August 20:

S!7,

PennsTlrania Railroad.— The gross and net earnings in
July, and for the first seven months of the year, are specially
compiled for the Chboniclb in the table below. In July, 1881,
there was an increase of $330,774 in gross earnings and $188,466
in net earnings. For the seven months there was an increase in
1881 of $2,450,543 in gross, and $1,091,21S in net, earnings.
AU. LINES EAST OF PITTSBORO AND ERIE.
-Net Earninga.-Gross Eamings.Jannary
February

.

Marcb
April.
_
irfay

June
July
Total

1881.
$3,189,215
3,095,614
3,844.304
3,760,372
3,856,897
3,807.437
3,780,418

$25,334,257

3,417,916
3.221,476
3,449.644

1881.
$1,206,861
1,158,104
1,799,226
1,655,810
1,688,610
1,488,543
1,490,971

1880.
$1,366,298
1,232,182
1.511,248
1.495,582
1,476,852
1.012,247
1,302,505

$22,883,715

$10,488,125

$9,396,914

1880.

$3,083,551
2,944,576
3.278,186
3,488,3t*6

[Vou zxxin.

Pork
Bacon
Lard
Total

lbs.
lbs.
lbs.

1880-81.
51,798,200
587.908.627
271.380,905

1879-80.
57.251,000
668,559,657
317,343,627

80.651,031
45,962.722

lbs.

911,087,732 1,043.154,284

132,066,552

Decrease.
5,4.>2,900

Rio coffee has been rather quiet of late, and prices have fallen
new crop, reto 12@12^c. for fair cargoes of old and
spectively. Mild grades have been fairly active, but at rather
weak prices. Rice has been moderatsly active and steady.
Molasses has remained firm, but the business has been
confined to fair jobbing sales of the grocery grades, boiling
stock being neglected. Spices have been dull. Tea has sola
lower at auction. Raw sugar has been only moderately active,
but has continued to be firmly held at 7%@7Hc. for fair to

to the lines west of Pittsburg and Erie, the monthly reports issued in 1880 and for the current year show the results
below. The company's report, however, states the gain since
Jan. 1 this year, against the same period in 1880, as $146,380.
ALL LINES WEST OF PITTSBURG A ERIE.
Net Surplus over all Liabilities.
Inc. or Dec. in
1881.
1880.
1881.
January
$381,539
$305,304
Ino
$76,235
February
143,497
116,710
Inc
26.787
Xarob
441,901
557.171
Dec. 116,270
April......
496,764
312,269
Ino .. 184,495
218.482
Mas
11,201
Inc .. 207,281
June
def. 56,400
8,481
Dec. 64.881
July
178,533
300,827
Dec. 122,294

As

good

refining.

Bhds.
Boxes.
Bags.
MeUtdo.
i7,505
1
i8 902
CIS
5
August 1
90,112
28,420
1,044,631
193
Stock Angust 24, IS^l
104,983
7,866
911,859
Stock August 25, 1880
122,678
9,479
6,683
Refined sugar has sold freely at times, but has latterly been
more quiet, at rather weaker prices. Crushed closed at lO^c;
Receipts since August

Sales since

powdered at 10^@10!4c., and granulated at ^%<:.
The market for Kentucky tobacco has continued active for
the speculative account, mainly, and the late advance in prices
There is as yet no adequate relief to the
is fully supported.
drought in the Ohio Valley. Sales for the week are 3,371 hhos.,
Net total
$1,804,316
$1,611,963
Gain. $192,353 of which 622 for export and 2,749 for home consumption and
Philadelphia & Reading.— The following is a comparative speculation. Lugs are quoted at 6>6®7.}6c., and leaf, 8@14c.
statement of the Philadelphia & Reading Railroad Company or about 2c. up for leading grades. There has been an active
and the Philadelphia & Reading Coal & Iron Company for the and general demand for seed leaf, covering the growths of three
month of July, and for eight months of the fiscal year to date. years, and sales aggregate 3,123 cases, as follows 300 cases
1881 and 1880
1880 crop, Pennsylvania, 123^@18c.; 100 cases 1879 crop, Penn:

NET RECEIPTS.
-1880-81.„
, ,
_
Ballroad
traffic
Canal traffic

J^^'y.

.„

8 Montlis.

$833,311 $1,935,634
72.873
174,700

Bt^am colliers
19,892
138,923
Ricbmond coal barges.. Loss. 59.: Loss. .1.260
Total Railroad Co.
Read. Coal A Iron Co...
Total of aU

-1879-80.8 Months.
$524,094 $4,507,465
34,411
121,446
9,806
121.798
Loss. 1,654
2,968

$925,104 $5,247,997
165,576
531,595
$1,091,060

$.5,779,592

July.

$566,659
33,954

$600,014

$1,759,679
59;076

iJs.

$4,600,002

TONSAOE AND PASSENGERS.
1880-1
.

.

Jtj Coal and Iron Co.

Bytenauts
Total

—

-1879-80
Month. Tear to date.
460,111
4,228.145
403,137
3,919,789
908,049
6,225,409
50.406
353,940

Month.
I'tar to date.
747.728
4,828,190
684,857
4,124,626
999,085
6,582,088
51,705
354,065
TONS OF COAL MINED.
1880-81
,
Month. Tear to date.
392,375
2,244,997
127,219
908,995

Month. Tear to date.
211,634
2.021,452
79,214
694,352

519,595

290,849

Coal on railroad. .tons.
Horchaiidise
ton-*.
Passengers
No.
Coal trau.by •t.Xiol.tons.

3,153,992

1 879-80.

,

2,715,804

Total of both companies for month of Jnly, 1881
Gross
receipts, $3,129,316; gross expenses,
$2,038,256; profit, $1 ,0.91,060.
:

Klchmond

& Allegheny.-At Richmond, Va., Aug.124, the
cjse of the Richmond & Allegheny Railroad, upon
the petition
of George B. Harrison on behalf of himself and
other stockJolders, praying for an inj auction to restrain said
&om eonsolidating with the Atlantic ;& Northwesterncompany
and the
Ohio Central Railroad Companies, was before Judge
Christian,
rf the Hustings Court. The railroad company, through
coun*'"**^ '° *^e petition, and the case
^°'°r?;%*^'^
*ts postponed
until Friday morning.

!^^i^*

sylvania, 18@40c.; 200 cases 1880 crop. New England, private
terms; 288 cases 1879 crop. State flats, 15@17c.; 235 cases 1878
crop, New York State, 5^@10c.; 450 cases 1880 crop, Wisconsin
Havana seed, 12^@16c.;300 cases 1879 crop, Wisconsin, 4@10c.;
200 cases 1880 crop, Wisconsin, private terms; 650 eases 1880
crop, Ohio, 5@12?6c.; 300 cases 1879 crop, Ohio, 10@13c., and
100 cases sundries, 6c. to 18c. Also, 700 bales Havana, 85c. to

$1 26 per lb.
The naval stores market has seldom manifested the buoyancy
and strength that have been noted during the past week, the
direct result of speculative influence aided by a slight curtailment in the production. Strained to good strained rosins have
been advanced to $2@$2 20 and spirits turpentine to 49)6c.,

with

New York

packages selling at

50c.

Petroleum has been

quiet but firm. "The offerings for September and October delivery are limited. Refined, in bbls., 7%c. Crude petroleum
closed at 805^c. bid, after selling at 8lMc. and 80c. Ingot copper remains firm at 16%c. for I^ke. American and Scotch pig
irons have been less active, but all prices remain firm. Steel
rails quoted at $55@$65.
Old iron rails are selling freely at
Hops have
$27 50@$28 for T's, and $29 50@$30 for DH's.
been quiet but without farther changes. Wool is quiet and
easy. There has been a further large movement in flaxseed for
etport, amounting to 80,000 bush, to arrive in September and
October at $1 40. Alcohol has advanced to 40c. in bond.
'i'here was a quiet and unchanged market for ocean freights,
notwithstanding lower markets for breadstuffs. The tonnage
in port is moderate, and rates are therefore fairly sustained.
The engagements to-day were Grain to Liverpool by steam,
i%A.; bacon, 22s. 6d.@25s.; cheese, 30s.; flour, 12s. 6d.@15R.
per ton ; cotton, 3-16@^d. Grain to London by steam, quoted
6M®7d.; bacon, 258.; cheese, 32i. 6d.; flour, 15s. Grain to
Glasgow by steam, quoted 4,!6®5d.; flour, 17s. 6d.
:

AcsuBT

THE CHRONICLE.

27, 1881.J

COTTON.
Fridat. p. M.. AngoBt 26. 1881.

Thk Movumrptt of thb Crop, as indioated by our telegramg
below. For the weekending
fn)ra the Soath to-niKbt, is ffiven

the tot*l receipts have reached 35.078
this eveninir (August 20),
last week. 13,063 bales the previous
bales, affainst 20.53S bales

««k and 17,818 bales three
receipts for each day of this

weeks since. The detaiN of the
week (as per telegraph) are as

In addition to ab.-ove exp'>rtM, oar telegrams to-night alito <r>v<i
OH the following am >iinti< of cotton on salp'^oard. not cleared, at
the portJ4 nam A. We aid similar flgoreti for New York, wUoh
are prepared for our special oiM by Measn. Carey, Yale A
Lambert. 60 B<«iv«r Street.

On

A 00.

Shipboard, not elearett—/or

Leading

AT—

26,

Oreal

Other
Franee. Fbreign

Britain.

ffew Orleans.
Mobile

follows.
Bttcipit

at—

Indlunuln,

Hon.

Sat.

Galveston

New

227

Wed.

Tiui.

rAur».

3r.e

1,974

475

1,308

976

2,465

1,345

1,537

2,192

1,180
931
2,394

454

152

196

707

931
10,909
2,169

1

1

569

91

Mobile
Floriila

Savannah

L;n,trleston...

1,360

Sai.

Orleans...

TotcU.

Frl.

6,6.-)3

68:4

964

1,228

1,573

1,071

1,200

6.718

364

267

194

198

205

591

1,809

19
117
233
284
104
148

73
117

1,878

2,871

49
299

394

Savannah....
Salves ton....

305
None.

17,1

M

None.
60

None.
None.

2.800
None.
None.

3.100
4,464
•9.5.W

300
None.

250
350

1.734

905

.29.001

35

None
50

Tew York....
Tot»l

aioek.

Total.

wise.

.Vone.

Other port*..

5S.539
7t,3m
1. 828

550

2,30;>

3,635
14,115
90.2S8
16,456

3.435

86,575

184.319

Included in this ain.iunt there are 1,500 bales at preaaes for foretfa
ports, the destina Jon of which we cannot learn.
*

The

BninsWk, 4c.

1,434

None.
None.
None.
Nono.

Coast-

speculation in cotton for future delivery has been actire

review, and prices have been variable, exsome
irregalarity. On Saturday the market
9
21
24
Wilmington
opened lower, but the more distant months closed dearer. MonMorcli'(lC.,&i'
1,207 day was the reverse of this, the opening being dearer, bat the
21
272
98
393
ISO
Nortolk
284 close lower, except for August and September. On Tuesday the
City Polnt.Ac.
1,167
132
193
344
223
171
New York
bull party seemed to give way on all sides, and there was a
1,039
196
242
220
178
5S
Boston
1
1,773 marked decline in prices. On Wednesday there was a new fea941
82
Baltimore
228 ture in a resolute effort to " comer " August, which was con15
130
83
Plilladelp'a. Ac.
an advance for this month
5.397.915 3.5.07S tinued throughout Thursday, causing
5.2(i0
8.234 5.2^1
2.03;
Totals this week
of 58 pointa from the lowest figure of Tuesday morning. The
For comparison, we give the following table showing the week's next crop was also dearer, teeling the stimulus of the advance
stocks to-night
total receipts, the total since Sept. 1, 1S80, and the
for August, and some " outeide " buying was reported, encourand the same items for the corresponding periods of last year.
aged by reports of continued drought at the South. The
Slock.
1 879-80.
1880-81.
advance of yesterday was made in the face of decidedly weaker
Stecipts to
Since Sep.
Thit
SineeSep.
This
accounts from Liverpool and Manchester, the advance of the
1881.
1880
AugtufM.
Week.
1, 1879.
Week.
1, 1880.
rate of discount by the Bank of England to 4 per cent, and
18.579
1,596 some appearance of stringency in our home money market. To4,340
Oalveston
6,653
813
Indlanola, Ac.
931
day there was renewed pressure on August contracts
72,650 29,672
1,389
New Orleans
10,909
and the next crop made a further slight advance. Cot3,398
2,721
602
Mobile
2,169
ton on the spot declined l-16c. on Monday, and again on
23
5,086
norida
1
Tuesday, and remained very (jniet at these reductions. It will
7,662
6,785
5,804
Savannah
6,718
be noticed, however, that deliveries on contracts have been ex34
Brunswick, Ac.
ceptionally large for the time. To-day there was a nominal
Ciarleston
Pt. Royal, Ac.

—

3,521

Charleston
Port Royal, Ac.

1,809

Wilmington
H'head City,Ac

73
117

175
15

Norfolk.
City Point, Ac.

1,207

1,602

3,097

3,538

284

New York

1,167
1,039
1,773

277
20
S94
595

99,818
7,425

71,210
6,767

352

228

1,019

1,44S

1,013
3,837

35,078

21.12S

Boston
Baltimore
Philadelphia, Ac.

Total

220.894 131.336

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

at—

Galvest'u.Ac.
Orleans.

Hew

1880.

1881.

5,153
1,339

7,584
10.909
2,169
6.718
1.809

1879.

1878.

2,670

6,039
1,091

2,178

3,963
1,551

190

190

All others....

1,491
4,208

1,879
2,585

106
198
333

233
425
602

749
140
301
139
49
340
439

Tot.thiB w'k

35,073

21,123

4,875

15,784

4,333

MobUe
Sarannah
Charl'st'n.Ac
Wllm'gt'n, Ac
Norfolk, Ac.

779
126
569

1876.

1877.

602
5,801
3,521

453
5,500

9t

1,441

.

486
533
98
924
1,627

13.278

The

eiportb for the week ending this evenintr reach a total
of 34,102 bales, of whicb 19,745 were to Great Britain, 2,550 to
France and 1,807 to rest of the Continent, while the stock.s a*
made up this evening are now 220,894 bales. Below are the
exports for the week and since September. 1. 1880.

Qrtat

2,527

2,530

1.

1880. to

Aug.

Exvortfd to

ConU- Total

SalTutoD....

New Orleans.

Sept.

Exported to—

Exports
/rojiv—

From

ffrMt
Britain,

^ance

2,88a

820,231

53.0!

f,0i7

t>3(.l25 3J5,':04

Mobile

84.070

24,774

—

ContinerU.

37,866

Charleston *..
Wilmington..
Norfolk

200.575
57.1SS
316.046

61 ,910

269,914
217,268

1,444

11,22,-t

2,850

4-,e.449

8a,«6e

9,922
120,310

11.223

2,3TC
3.83;

8.050
2,372
8,837

PhUa(lelp>a.4c

;,(wo

1.900

Total

lO.TlS

1,80';

2,550

1!)1,028

359

127,144
75,30S

81,963
104

2i,:02 2.8ljj,;24

_Tot»l W1B-80
».7a)
il.7l5 2.60S.e4i TW.I«a
Inotadei «zpons from Port Hujral <c

•;

UPLANDS.
inou Toes

Aug. 20 to
Aug. 26.

I

NEW ORLEANS.

—

TEXAS.

non Toes

Sat. Hloa.

9016
8'5ie
9>4
93,8
9»18
96ia
Good Ord.. IOI4 103ig 10>9 lOia
1011,6 lUi*
Str. G'd Ord lOi^ie 105i
Low Midd'i 119,6 111* ll7n 1113,8
1214
1116,8 11''8
Str.L'w Mil 12
123
1214
12% 1214
Middling.
13
121 f{6 12»8
Uoort Mid- 12^
13I4
1215,8 12''8
Str. G'd Mid 13
Midd'g Fair 13% 1311,8 13=9 14
1438
14%
147,
Fair

8^8
9HI
107,8
11

1013

Wed

Til.

Sat.

Sat.

Ordin'y.iplb
Strict Ord..

81

he

Wed Tb.

Frl.

,

813,B
97,8
10!>8

1015,8
1111,8
123i« 12'e
127,8 1238
12I5if 12'8
133,8 13%
1318,8 13''8
14U,8 1458

11%

818,8

9»„

9>«
107,8

U'V

U'-'ls 11%
12>4
123,.
12i«
13
12:4,8
I314
133,8
13iSi«
14
14% '1411,8

12%

12%

12%

1258

13

1239
12'8

1239

.11258

12''8

Str.G'd.Miailifg
Midd'K Fair 1358
'1438
Fair

ii278

13%

13%

13%

14

13''8

13''8

13%
13%
14%

14%

1468

145g

15

Sat.

Uood Ordinary
Strict (Mod Ordinary
Low Middling
MiddliuK

V*

86,8
97.8
103,8

13"fl

ISTg
14«g

8i3ie 813,8 9«,«
97,6
9'«i«
10=%
10% 10%
1015,8 1015,8 ll'ia
1111]
1111,8 12',«

Middlin«...ll2%

STAI.-JED

Utl,,
12'«
123g
12'8

Wed

Good Mid

\.i^
1438

9^1»
10>t
10>»,(

9=16
9lS,e

f^^n
S*ie
gfio
Si'"
97„
97,8
93,8
93i8
Good Ord.. 10% .10% 10% 1038 1039 10%
Str. G'd Ord 1011,8 ll"ia IUI8 10--6,, 10:5,8 U'la
Low Midd'K 117t« ill''i« ll'3l8 1111,8 1111,8 121,0
12V,
12% 12% 12% 12%
Str.L'w.Midll''e iH'e
Strict Ord..

Ta«s

Prl.

815,8
99lg

Ordin'y.S*

Til

13%
13%

12%
12%
13%
13%
14%

145(1

15

12%
1238

123a
12'9

12"8

13%
13'a
14°8

Frl.

Mon Toes Wed Tb. FrU
8%
938

10%

83,8
95,8
101,.
1139

11% tl7ie
MABKBT ASD SALES.

95ia
101,8
1138

S-l«
9»,8
101,8
1138

8«,«

10T„

11%

BALKS OF SFor AMD TRAMglT.
TbtaJ

482.006
SS5.528 l,6^3,357
tl6,2ej
7,419

2 0,015

York....

—

—

SPOT MARKET
CLOSED.

E:^
port.

Oon-

Spec- IVan-

sump. wffn

sit.

Total.

Sale*.

erics.

108.746

Savannah. ...

Boston
Baltimore

advance of %c., to 12)^c. for middling uplands.
The total sales for forward delivery for the week are 518.300
bales.
For immediate delivery the total sales foot up this week
2,583 biles, including 822 for export, 1,761 for consumption,
bales
Of the above.
in transit.
for speculation and
The following are the official quotations and
were to arrive.
sales for saeh day of thi past week.

26, 1831.

Florida

New

week under

hibiting at times

4,036

Since Sept. 1
Galvetrou includes Indianola; Charleston includes Pore Royal, Ac;
wUinli.?Ton includes Morehead City, Ac; Norfolk includes City Point. Ac.

tree* Ending Au/j. 26.

for the

507,793
479,753
6«,810
828,318
375.455
134 3»5
169.i0^
73,407

l.;32.7»i 4[m4.158
8'.«

S09 8.861.435

O

ill and easier
Sat . .
Mon . Easier at 1 la dec.
Tnc8.|t>ull at 1,8 dec.
Wed .IDnll and nomiii'l

Thnrs Dull and nomln'l
Fri. .'Ir.i uoui'13ead..

Total
iimi

'

...

12

281
362
301
228
265
321

822
VJ--

1.761
--

530
230
50
....

—

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

814 62.800
592 74.700
351 107.200
6.400
228
265 7ti.6M

333 120.6 JO
2.583

.",lB.3il0

8.600

ilAy p:<The daily doll venes <?l van auovo aro aoHi.»uy dauvored tud
vlons to that on whioli they are reoorte.1.
Thb Salbs akd Pbicks of FurcBBa are shown by the followbe found ths
ing comprehensive table. In thU statement wiU
e.ich day, and
daily market, the prices of sales for each month
saler
the closing bids, in addition to the daily and total

THE (CHRONICLE.

228
flccd.
oijsFi:
C1»-3.

Qjg'g'
25"S.
ETTPLS Q^&pT
(C a:

:

S »

s

ft

»

fj

ffl

?2e|
a T ® 2

&

4

hS^

=

•«

^

c:

1

p

.

(R

S:

pg-p
so-

P8)-.'<

a
gi-c:!.

e.s.'-s

p»i-=s

-^S;^? a'r^i?

a
s
^.^

to

5
a

»a5^

loO'
O"

Mo

I

Mo

I

^70
tocoO

WW
lf-Cj,o
8—
TO

w—

to

OO

oo

oo

c5ob

OQCD

tr6

CO to

l^O
5?!

-to
too

K

8lS

I

so

— — *.
'T'^o

uwO
CO

tcco

%w
— to
— MO

I

I

I-

cowo
W-o

®tn

I

O-O
tDOO

u

or

o=o
O
core
fir 00

»w

CO

CO

coco

doo

awto

®P
TO

I

I

c5§

cog
-j^lO

CO 00

C0~]^

IO>F-i-i

«.»

I

CO

OC5
CD 00

COo

cc:oO

ODObO

obcoO

cot

too

'

ccco

ccco

t^OM

OiOSi-i

8?'

I

1

-,lo

I

S)W

—o

Sm
Oo

I

oo

I

cSm

oco
6)10

— Mas
I

TTO
coo
C Of

coO

I

MH.-Q1

l-l-Co

TTO
lotcO

I
I

CIO

CL<J)

@co

1

I

WtO

WM
CC*-

66
cm

OfW
8*-

tcto

66o
OlO

mO

CO to

CIO

S' to

I

'^o

B

Whi
^h-

©c-*

1

M^IO
h-.-3
Oi)^

I

§

Qw

1

Mr-o

mmO

B
~i

00-1

— -03
I

TTO

tDWO

totoO

OtO

CCO"

afloat for

American

10 »0

OtO
©to

Europe

—

&0

M-O
1^

CftOS

i-O

cocoO

—

citn

^
--00
I

I

91

M

CJ«

O

"^-ro

<s6o

O'

oo

Sl:!o

1.

— g>

CO

too

M.-0

afloat to

Europe

Total American
East Indian, Brazil, Ac,
Liverpool stock
London stock
Continental stocks
India afloat for Europe
^Kypt, Brazil, ina., afloat

—

&o

I

163.000
42.800
143,040
210,000
25,000

203.000
46,800
174,000
21,000

151,000
58,340
62,984
243,754
3,724

123,000
14.50O
55.000
195.000
12.000

583.840

541.041
749.266

519.802
304,979

399.500
737,152

0!»,241

500

Gi'igd.

6i3iad.

73ia<l.

2O1.OOO
98.000
220.894
33.753
3,600

108,000
71.000
131,320
27.762
1,000

133,000
32,000
66,398

1,145,247

763,082

508,699

739,715-

63,000
42.800
143.040
210,000
25,000

203,000
46,800
99,241
174,000
21,000

151,000
58,310
62.984
243,734
3,724

123.000
14,500
63,000
195,000
12,000

583.840
1,145,247

541.041
763,082

519,802
508,699

399.500
739,715

1

248,000
23,000
46,622
6,593

7,301
4,000

500

These figures indicate an increase in the cotton in sight tonight of 421,964 bales as compared with the same date of 1880, an
increase of 700,586 bales as compared with the corresponding
date of 1879 and an increase of 589,872 bales as compared with
1878.

—

Cf'JfO

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

—

I

I

I

Receiptt.

>o September for September, 621,400; Sept. -Oct. for
V°^l"i''?S..'*l?*
Oct., 946,500 ; Sept.-Nov. for November, 762,100 ; Sept.-Deo. for December, 1,464,500; Sept-Jau. for .Fanuarv, 2,58^,900; 8ept.-Feb. for
FebSePt-Mareli for March, 3,46H,100; Sept.-April for

^riT S'?»?-^^-

2,156,400; Sept.-.Tune for June,

9'9Si'
?;io .^H
^l' ,«*'l'V^''Vf"^Mav.
2,224,500
Scpt.-Jllly
for July, 1,767,000.
l-i-20;
i<?ir"*(i;'''i'"*' .,"'''*';''*T^''^'"'''''>'
;

Monday, 12-20; Tuesday,
"^''"''*^'

12-45; Thursday, 12-65; Friday, 11-35.

The

followine; exchanges have been made during the
week:
•39 pd. to exch. 2{J0 Deo. for Sept.
-12 pd. to exch. 500 Mar. for April|

Thb Visblb Supply

op Cotton, as made up by cable and
telegraph, w as follows. The Continental stocks are
the figuw
of last Saturday, but the totals for Great Britain and
the afloat
for the Continent are this week's returns, aad
consequently
brought down to Thursday evening; hence, to make the totals
th'e
complete figure* for to-night i Aug. 26), we add the item
of exports
from the United States, incladmg in it the exports of Friday only:
1H81
1980.
1879.
1878
tockat Liverpool
bales. 747.()6o
621,000
417,000
538,000
stock at London
42.800
46,800
58,340
14.500
Total Great Britain iitook
789,800
Btock at Havre
201.000
.

Stock at Marseilles
took at Raroelona. . i ......... .

HamDorg .........i...

ending A ug 26,

I:

.rx

Stook at

737.152

32,500 bales.

i:

-

504,979

1

TO
do

1215; Wednesday,

749,266

1.7'29,087 1,307,123 1,028.501 1,139, 21.5

ITeefc
1

1,129,460

415,000
248,000
23,000
46,622
4,030

imports into Continental ports this week have been

1^
<lO

3,581
4,000

74.000
131,320
13,946

statement:

1

I

1,000

266,000
133,000
32,000
60.398

li>8,000

6i5ig,i.

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

I^The

V
8to

I

TTO
i;^*.o

421,000

1,713,300 1,293.307 1,024,781 1,136,652

Total visible supply
to

— — *»

500

584.000
205.000
98.000
220.894
17.966
3,600

1,129,460

Total East India,
Total American

COtoO
toe

cow

1^1^
coco

,000

Total visible supply
1,713.300 1,293.307 1,024,781 1, ,136,652
Of the aoove. the totals of American and othor desorlptions are a^ follows:

Continental stocks

^)_i
10 to

1

12.000
46.622
4,030

3.581
4,000

difficulty no longer exists, and we therefore make the following comparison, which includes the stocks at the nineteen
towns given weekly in our table of interior stocks instead of only
the old seven towns. We shall continue this double statement for
a time, but finally shall simply substitute the nineteen towns for
the seven towns in the preceding table
American—
1881.
1880.
1879.
1873.
Liverpool stock
bales 581.000
421,000
20(1.000
415,000

oo
CCO

toOto

855,300
195,000
23.000

That

8 to

OOo

uv

e?

00 00

COS

303,000

figures indicate an increase in the cotton in sight
to-night of 419,993 bales as compared with the same date of l&O,
an increase of 688,519 bales as compared with 1879 and an increase of 576,648 bales as compared with 1878.
In the preceding visible supply table we have heretofore only
included the interior stocks at the seven original interior towns.
As we did not have the record of the new interior towns for the
tour years, we could not make a comparison in any other way.

co'S
obcD ^

I

195,984

671,324
243,754
32.000
3,724
66.398

The above

CD

oo

I

COCOO

coo

I

6.,>00

14,250

207,241

Total visible supply
Prloe Mid. Upl.. Liverpool

tooo
rccc

CI-

J

o-o

ODOD
CCCC

OO

ew
h- — CD
COo

S)0

I

200
4,854

878.041
174.000
74.000
21.000
131.320
13.946

Total East India,
Total American

ODQOm

OO

KtO

CC-l

-:

8>o

I

I

cc-oo

9^0
»oO
CO

ddi

Iftv.^

QDM

coccO

If'

OO

CO

CO 00

CCo

OO

^iOO
8)0>

oo

«pr

CCQOO
W-1

®r
— to
uO

OO

coco
1

OOo

=00

81

I

2,.'i00

318,010

Total American
Bast Itidian.BrazU, dc.
Liverpool stock
Ltmdou stock
Continental stocks
India afloat for Europe
BKTpt, Brazil, &o., afloat

WtO

I

1878.

37,750
43.500
9,000

3.9110

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

fCtOo
^,-.0

I

1879.

20,172
41,322
1,596

Total European stocks.. ..1,137.810
India cotton atloat for Europe. 210.000
i.iuer'n cotton atloai for Eur'pe
98.000
E<ypt,Bra7,ll,&e.,atltforE'r'pe
25.0(10
jtocJi in United States ports .. 220,894
Vock in U. 8. Interior ports..
17.966
Onlted Stf tes exports >«-day .
3.000

American

»-.-;to

I

tOOM

— l-"o

tocoo
mo*

CO
C;;Ci-'

Mo

I

1880.

29.700
16,100
2,730
981
20.500

14,000

Liverpool stock
Ccmtinental stocks

CJ'O
I

1881,

50,800
34.100

American—

MtO

to to

10 to

lOIC

?!=o? ew<ig.
g®.-^^

bales.

Total continental ports

a

Sa
^2-iS gS-Jo

Bremen
Amsterdam

S'ock at Rotterdam
8n>ck at Antwerp
8M)ok at other conti'ntal pores.

•

I

liT

irrj? ^s*-g ^K-^?
a®-

at

XXXIU.

.

>o

|:

8mck

8'<>ck at

[Vol.

4.340
33, 1 oo
.

4,300

Aupusta, Ga
Columbus, Ga...

Shipm'U

815
340
274

1,839

1,280

1,369

426
734
141

975
1,641

Total, old ports..
Dallas, Texas.
Jefferson, Tex...
Slireveport, La..

Macon, Ga
MontKom'ry.Ala,
Selma, Ala
Memphis, Tenn.,
Nashville, Tenn.

674

152

338
533

132

551
9,390
2,870

410
367
217
336
140

4,010

7,133

17,-966

2,938

435

225
17
290

1,572

10

572
714
49
336
74
146
100
200
798
330

Total,

new

•

465

1,234

6,960

373

867

5,780

13,94S

9

38
155
500

75

28
96
903
199

1-28
90-1

19
150

1.897
1,009

7.439
3,622

1,223

3,S64

6,83i

15,787

3,083

2,343

13,816

7,974

13,96.'i

33,753

6,021

8,1'23

27.762

O

Total, all

435
414
468

722
1,004

144

32
133
143
23
5
121
20
423
50
583
318

1,930
1,989

100
200

C*

ports

380
95

1,145

Stock,

1,967

Ga
Ga

Rome, Ga.*
Cincinnati,

321
856

1,843

'80.

9
2
231
84
265
126
295
743
482

Atlanta,

Mo

Receipts. Shipm'ts

1,316
1,320

VIcksburg, Miss.

St. Louis,

ending Aug 27,

2,013

Columbus, Miss..
Eufaula, Ala

harlotte, N.

Stock.

IFeefc

1,316

.

Grirtin,

-SI.

7o:i

13

379
32

6,367

700
483
2,994
1,344

This year's figures estimated.

The above

totals

show that the old

oreased doritig the week 3,123

bales,

have deand are to-night 4,020

interior stocks

August

THK CflKONIOLB.

37, 1881.1

bales more than at the name perind last year. The receipts at
the same towna have been 1,072 bales more than the same week
last year.

—

Rbobipts from tkb Plantatio.n.-i. The following table Is
prepared for the purpose of indii;atiii!< the aotaal movement each
weeK from tlin plantations. Receipt.s at the outportsi are sometimes misleading, as they are made up more largely one year
than another, at the expense of the interior stocks. We reach,
therefore, a safer conclusion through a comparative statement
In reply to fre(juent inquiries we will add
like the following.
that the.se figures, of course, do not mclude overland receipts or
Southern consumption; they are simply a statement oi the

weekly movement from the plantations of that part of the crop
which flnaliy reache.s the market thrijus'h the out-ports.
SBCBIPTS FROM PI.ANTITIONR.

229

would be more likely to damage cotton than benefit it. The
thermometer has ranged from 65 to fcS, areratTing 82.
Mobile, Alabama.— M\iiit« the pa^t week the weather bar
been warm and dry, with rain on one day, bat two small an
amount to measure. Crop aocoantA are lesn favorable. Rojit is
developing badly. Picking is progreming finely. The theifraoineter has ranged from 68 to 95, averaging 82.

Montgomenj, Alabama.— The weather during the pa.st week^
has been warm and dry, with showers on two days, the lainfall
reaching thirty-eight hundredths of an inch. Accounts from
the interior are conflicting. Caterpillars and rust are repfirted as
increasing in some sections, while other sections report the crop
as developing promisingljr. Picking is progressing finely, ana
cotton is opening very rapidly. Planters are sending their crop
to market treely. Tne thermometer has aveiaged 83, ranging'

from 72 to 95.
Selma, Alabama.— it has rained on one day the past week,'
and the rest of the week has been plea.sant. The rainfall reached
.

rretk

endiHs-

June

to

SUKk at

JUceipt* at tht Pnrlt.

....

18S0.

18T».

1879.

18S1.

o.«ia
7.1H8

1S,580

1I9.438

1

Interior Fortt
1880.

aa.iao'ns.oss

1881.

Ret'pU/Tom Plant'm.
1879.

1880.

88.488
88J!S8

1,471

8,983

4,06S

9\fm

8,210

1.088
8.493

69.988
64,818

802

10,988

The thermometer has ranged from 70 to 97, averaging 83.
Madison, Florida.— Th(^ early part of the past week we had

17
3«

19.870

8S.818

8t),30H

a,S93

as.511

J3.4Te

JolT

1

3.(137

17.057

75.103

"

8

14.070

80.691

71,950

1,335

10.817

'

18
a»
«9

S.033
s.son

80.802
1H.1B3

8S.8S3
aa.ssc

10.891

18.199

15.S88

8,SW 13.U8

19.308

06,198
;6,888

IS4,T7:

H.UO

48,397

8,154

4,939
3,618

9.50S

16.181

13.060

49,631

40.986

3,0:9

3,888

18,868
8.680

3,088

858

18,718

1,890

8,657

"
"

AnC. S
••

"
"

18
19

10,S89

8.775
13,3a7

8.764

a.aa 17.818

I3,04U

41,507

3.4Si

8,091

18.068

11.477

33.47S

36,886
43,365

8.396

80.6.38

7.4B3' 80,881

39.744

829

8,7S7

16,917

35.078'

7.30ll 27.7na

33.783

4.713

19.021

28 087

81,123

19.801

The above statement shows
That the total receipts from the plantations since Sept. 1 in
1680-81 were 5,819.882 bales; in 1879-30 were 4,958,555 bales; in
1878-79 were 4,457,284 bales.
2. That, although the receipts at the out-ports the past week
were 35,078 bales, the actual movement from plantations was
only 29,087 bales, the balance being taken from the stocks at the
interior ports.
Last year the receipts from the plantations for
the same week were 19,021 bales and for 1879 they were 4,713
1.

averaging

pleasant. The rainfall reached twenty-one hundredths of an
inch. Crop accounts are generally not favorable; at some points
is reported as shedding, and at others rnst has made its

cotton

appearance.

Picking

cotton is coming
lowest 66.

week amount to 5,332 bales, making
The thermometer has averaged 86,
j

the highest being 91 and the lowest 80.
Indianola, Texas. We have had a shower on one day the
past week, the rainfall reaching seventy-three hundredths of an
inch. Crops are doing well on the coast, but in the interior they
are suffering much. Picking is progressing finely. Average
thermometer 84, highest 93 and lowest 75.
Corsicana, Texas. With the exception of a trifling shower
on one day we have had no rain during the past week. The rainWe need rain badly •
fall reached eight hundredths of an inch.

—

We had a very light rain the early part
part of the past week, but the latter portion has been clear and

the South. Prospects are slightly less favorable than last week.
In the Southwest the drought continues quite severe.
Qalceston, jf'exa*.— The weather has been warm and dry during the past week. Rain is needed badly nearly everywhere
throughout the State, and the crop has unquestionably been
greatly injured. Picking is progressing finely. The receipts of
cotton during the past

81.

Augusta, Georgia.

Weather Reports by Telegraph. — During the past week
warm and dry weather has prevailed in the greater portion of

receipts to date 7,717 bales.

is

progressing finely.

Average thermometer

in.

Picking

is

from 73

to 103, averaging 86.

progre8.sing finely.

The thermometer has ranged

—

Dallas, Texas. We have had no rain daring the past week.
The drought is dreadful and much damage has been done.
Picking is progre.ssing finely. The thermometer has averaged 86,
ranging from 73 to 103.

Considerable
highest 95

80,

new
and

—

Atlanta, Georgia. It has rained on two days the pa-st week,
the rainfall reaching thirty-four hundredths of an uch. The
thermometer has averaged 81, ranging from 70 to 91.
Charleston, 8oiith Carolina.— We have had light showers
on two days the past week, the rainfall leaching eighteen hundredths of an inch. The thermometer has ranged from 70 tc
93, averaging 80.
The following statement we have also received by telegraph,
showing the height of the rivers at the points named at 3 o'clock

August

25, 1881,

and August

26, 1880.

—

—

progressing finely.

—

bales.

new

is

rain on one day, but the latter portion of the week has been'
clear and pleasant. Caterpillars are reported everywhere, and
great iniury is undoubtedly being done. Rust is developing
badly. The top crop will be poor. Average thermometer 82,.
highest 90 and lowest 74.
Macon, Georgia.— It has rained on two days the past week.
Much cotton is opening, and picking is progressing finely. At-'
erage thermometer 80, highest 92 and lowest 69.
Columbus, Georgia.—-\Ye had rain on one day the early part
of the past week, but the latter portion has been clear and
plea-sant.
The rainfall reached sixty hundredths of an inch.
Picking is progressing finely. The thermometer has averaged.
85, the highest being 94 and the lowest 75.
Savannah, Georgia. The weather during the past week haei
been pleasant. The thermometer has ranged from 66 to 93,

17.119

s.a»

iMi
4. em

26

96,190
81,178

Picking

fifty-nine

4.518
18,028

"

••

hundredths of an inch.

1881.

Aug. 25.
Feet.

New

Orleans

Memphis
Nashville
aiireveport

.

Vloksbure

'81,

Inch.

Below high-watermark .. No gauge.
Above low-water mark...
5
Above low- water mark. .
1
2
Above low-water mark...
2
Above low-water mark... Missing.

Avg. 26, 80.
Feet. Inch.

12
5
2
14

H23
8

Miseing.

New Orleans reported

below high-water mark of 1871 until
when the zero of gauge was changed to high- water
mark of April 15 and 16, 1874, which is 6-10th3 of a foot above'
1871. or 16 feet above low-water mark at that point.

Sept.

9,

1874,

Ellison

&

Co.'s

Cieculae for August

—We

have this week

received Mr. Ellison's circular dated August 10, and give

it

below.

COURSE OF the LIVERPOOL MARKET, JULY 8 TO AUGUST 9.
The market had
last report was issued on the 8th ult.
been quiet for several days. Middling upland was at 6 5-16d.
Brenham, Texas. The weather has been warm and dry for spot and near futures and about S 15-16d. for new crop
during the past week. Crops are suffering for rain. Picking is deliveries. During the subsequent week (8th to 15th) there
activity, and a large business was done
progressing finely. The thermometer has ranged from 74 to was quite an outburst of
at an advance of 5-16d. on the spot, 5-16d. to 13-32d. for near
98, averaging 84.
deliveries and 3-32d. for new crops. The advance brought out
Waco, Texas. We have had no rain during the past week. sellers, and the desire of one operator to clear out caused a fall
The drought is very injurious. Picking is progres.sing finely. on the IBth ult. of %d. to 3-16d. for near and 3-32d. for
The thermometer has averaged 85, ranging from 75 to 102.
distant futures. The decline was fully recovered, however,
New Orleans, Lonmiana. We have had no rain during the between the 16th and the 19lh. There was then (on the 20th) a
past week. The thermometer has averaged 85.
pause, and a re-action of 3-32d. for near and l-32d. for distant
Shreveport, Loriisiana. The weather during the past week cotton, owing chiefly to a sharp decline at New York; but the
has been generally fair. The drought is still general and cotton depression was only momentary, and between the 20th nit. and
is failing.
The rainfall during the week amounted to twenty- the 2d Inst, the tendency of pnces was upwards, ending in an
nine hundredths of an inch. Crops in this vicinity are very poor. advance of ^d. on the spot and for near deliveries and 3-32d.
The river is very low. The thermometer ha-s ranged from 73 to for new crops. Middling upland was now worth 6%d. on the
105. averaging 86.
spot, 6 29-32d. for August and 6 15-16d. for September delirVioksburg^ Mississippi. Telegram not received.
eries.
The near approach to 7d., which had by many been
Columbus, Mississippi. It has been showery on one day regarded as the ideal top of the market, brought out sellers,
the past week, with a rainfall of twenty hundredths of an inch. and caused buyers to reduce their operations; the result was a
The weather is favorable. Average thermometer 88, highest 96 fall of l-16d. on the spot, 3-32d. to >gd. for near and .S-32d. for
and lowest 82.
distant deliveries between the 2d and 4th instant. On the 6th
Little Ilock, A rkaiuas.
Friday and Tuesday of the past week there was a re-action of l-16d., but in the absence of support
were cloudy, wtth a very light sprinkle on each day. Saturday from the trade the market has since gone quiet, and prices
was fair and the balance of the week has been clear. Average have fallen back to the previous lowest points, except new crops,
thermometer 83. highest 96 and lowest 68.
which have held their ground.
.
Nashville, Tennessee. It has rained on one day the past
The following is an account of the principal fluctuations
week, and the rainfall reached twenty-eight hundredths of an the prices of middling upland on tiie spot and for forwud.
inch. The damage by drought is very serious, and rains now delivery daring the past month:

Our

—

—

—

—

—
—

—

—

m

|

THE CHRONICLK

230

[Vol.

XXXm.

As pointed out in previous reports, it is not improbable that
our est.imated consumption for this season is too small. So far
as Great Britain is concerned, the error in this direction is
638
67,6
515,fi 52932 52932 52932
Joly 8.
probably more than counterbalanced by the deficit in the
6II32 61,6 6
6
6
62332 634
6»8
16.
515,6 reported " deliveries " occasioned by the non-return of cotton
"32 529.
6I3
61''32 6»16
63,6 53132 529,
16.
69l8
6
6
forwarded direct from the ship's side. That is to say, if we
6«64 613,6 65,e 6l3a 6
6»8
19.
53I32 52932 53I32
611
614
61932 658
G58
20.
increased the estimated consumption, we should also have to
61,6
6'',6
61,6
61,6
61s
62932 61=16
" deliveries," which cannot be done
Aug. 2.
62 '35 6932 6164 53t32 53132 53132 add to the reported
4.
G13i6 613,, 613,e
6le4
629.,.^
638
6164
until the stock is counted. Meanwhile, the surplus stocks at
61f4
e^s
613,6
5.
6
6
65,8 61,6 6
613,6 613
013
the mills do not vary materially from those of twelve months
9.
since.
Some portion of the increased consumption shown
Showing a net advance of }^d. on the spot and for August above, and of the still greater increase which it is expected will
September be shown on taking stock, is due to the wasty character of the
deliveries, 7-1 6d. for August-September, %d. for
the present crop. Of this we have taken no account in the
only, 7-32d. for September-October and 3-32d. to %d. for
above
Spot.

Kov.- Dec.- Jmi.Dec. Jan. Feb.

Juty- Aug.- Sept. Sept.- Oet.Nov.
Ocl.
Aug. Sept.

more distant positions.
estimates.
«
,
1
Compared with the rates of a month smce, the final quotaThe additional waste is at least 2 to 3 per cent, some spinners
ordinary,
tions for spot cotton show an advance >gd. in good
say 4 to 5 per cent. Two-and-a-half per cent on the Condescripof
all
7-16d. in low middling and middling American
tinental consumption would amount to 1,400 bales per week, so
tions, and in good middling uplands and Mobile, but only 5-16d.
that it is possible that the surplu.s stocks at the Continental
Orleans.
middling
in
good
in good middling Texas and Md.
mills and interior depots may be 40,000 to 50,000 bales le.ss than
,

Meanwhile Brazils have gained only %i., Sarats partially ^d.,
and Egyptians nothing at all.
p. S.—To-day the market is quiet. The spot quotations for
American are reduced l-16d. Near futures are unchanged; but

crops" are l-32d. higher, in sympathy with a slight
advance at New York yesterday.
Subjoined is an account of the rise in the leading qualities of
cotton since the low rates touched on the 11th May:

"new

Vplands.
a.

July

May

5^

7%

9...
613,c
11... 411,6 511,6 6

Advance.. 013,6

1%

lie

Pern. Eg'pt Br'eh Diiol.

Orleans.

Mid. G.M. a.

0.

Mid. O.M. Fair. O.F.

0.

714
6»16

511,6 6^8

4%

53l

6i8

015,6 07,6

015,6 lis

O.F. Fair.

63i

53s
514

414
418

0l6

0l8

019

The present prices compare as follows with the rates current
at this time last year:

the above figures.
We point these possibilities out iu order to prevent wrong
conclusions from being drawn from the above tables of deliveries, consumption and stocks, and because our Continental
correspondents do not report any special excess in the mill
stocks.

PROSPECTS.

The advance which has

of late taken place in prices is the
natural and inevitable outcome of the undue and unwarrantable depression which culminated in May last ; and the
reactionary movement fully bears out the forecasts given in
our previous reports, especially that of May 11. The known
facts of the present season were driven out of sight by exaggerated estimates of supply for next season, and bv " bear" sales
at low prices of a crop only just planted! The market was
flooded with a fictitious supply, which for the time being had
as much influence as if it had been real ; and the supply of
cotton actually on hand was ruled by the supposed value of
cotton which might or might not exist in the remote future
Once more " bearing " the market was regarded as a royal and
sure road to fortune. Excessive selling caused an artificial
depression in prices, every fall begat a further decline, and
those who benefitted by the depression congratulated themselves upon their superior foresight and sold more. Only one
result could follow, and it has followed. Whether we have seen
the end of it or not, we know not. Everything depends upon
whether thoso who sold what they had not got have covered their
contracts by re-purchases. Meanwhile, there is plenty of cotton
for spinners, if they will only betake themselves to the lower
grades of American and to the relatively cheaper produce of
Egypt and India. As to the immediate future course of prices,
we are unable to form an opinion, for the simple reason that
the visible facts are overshadowed by the invisible speculative
influences which form the main feature of the present condition of the market. We may state, however, that having in
view the healthy state of trade and the brilliant harvest prospects all over the world, we do not sympathize with the views
of those who look for very low prices before the close of the
current year. Later on, of course, everything will depend upon
the American crop its size and the manner of its distribution.
!

Vpland.

1881
1§80
Decline

...

Pern. Eg-pl Br'ch Dhol.

Orleans.

a. 0.

Mid. O.M. a.

r^

6>3l6 718
613,6 71,6

0.

63,6

Mid. 0. M. Fair. O.F.

O.F.

Fair.

714
67e
615,6 714

69,6 67s
615,6 6^8

538
578

414
415,9

038

Ola

011,6

OI2

Oht
01,6

01,6

For "low middling" American, to-day's quotations are— 6^d.
for uplands, against 63^d. last year; and 6 9-16d., against
6 ll-16d., for Orleans.
CODE8E OP THE MANCHESTER MARKET, JULY 9 TO AUOCST

9.

The market opened

firmly and gained ^d. to ^d. per lb. in
yam and l?^d. to 3d. per piece in shirtings between the 9th an;l
16th nit. During the remainder of July the demand fell off,
and here and there buyers obtained a slight concession; but the
fall was recovered towards the close of the month, owing to the
hardening tendency of the raw material. Since then the tone
has been quiet, with an occasional giving way in price; but
with few exceptions, in which there is a decline of about %A.
per lb., the quotations remain at the highest figures touched
three weeks ago. The aggregate sales of the month have fallen
short of the out-turn of the mills, but producers have still
plenty of uncompleted contracts in hand; and as cotton does
not appreciably give way, they are not disposed to take further
orders except at full prices.

MOVEMENTS DUKINQ THE SEASON, OCTOBER

1 TO

JULY 31.

The

deliveries to English and Continental spinners during
nie first ten months of the season compare as follows with the
figures for the corresponding period of last season:
Qreat Britain.
1880-81.

No. of bale.s
Av.wgJit (lbs)

Continent.

1879-80.

1880-81.

2,664.440

2,509,300

450

2,538,120

447

428

Tot.wght(lb8) 1,198,998,000 1,121,657,000 1,087,317,360

Bales of 400
lbs

2,997,000

1879-30.

—

—

Jute Butts, Baooino, Etc.— Business has shown rather more
activity since our last report, and inquiries continue to be made.
The transactions are about 700 rolls, at full prices. There has
been an advance obtained on all grades, and the close is very
firm, with scarcely any cheap parcels to be had. Sellers are
now quoting 10c. for 1% lbs., lOMc for 2 lbs., and ll%ail%e.
for standard qualities. Butts have not changed in price, but
the market is firm in tone, and dealers are refusing offers for
lots as the limit is too low.
We do not hear of any round lots
moving, but a fair demand is reported for jobbing quantities,
and the market closes at 2 13-16@2%c. for paper grades, and
3/^@3Mc. for bagging qualities.

New AKKANS.AS Cotton. —The first bale of new crop Arkansas
grown by Wm. Daniels, of Pulaski County, and shipped
by Martin & Co., of Little Rock, to Latham, Alexander & Co., of

cotton,

2,306,530

423
975,662,190

this city,

August

2,304,000

2,718,000

2,439,050

—

Comparative Port RECEipra. The movement each month
September 1 has been as follows.

of consumption (in bales of 400 lbs. each) we
estimate
««?•?
ati^n
69,000 for Great Bntain and 56,000 bales for the Continent,
against 65,500 and 52,000, respectively, twelve months
ago: or
for four weeks 276,000 bales for Great Britain and
224.000 for
the Contment, against 262,000 and 208,000, respectively,
last

since

On the basis of the foregoing estimates, the movements for
tbe ten months of this season and last compare
as follows,
bales of the uniform weight of 400 lbs

Bept'mb'r
October.

m

•

was sold at the Cotton Exchange on Wednesday,
Disney & Co., for 12?^ cents per pound.

24, to E. J.

Tear Beginning September

Monthly
Receipts.

1880.

458,478
968,318

Novemb'r 1,006,501
Deoemb'r 1,020,802
January
571,701
.

Great Britain.
1880-81.

Burplos stock, Oct. 1
I>ellverie8 to July 31.

.

1879-80.

Oontine7if.

1880-81.

1879-80.

27,000
27,000 137.000
94,000
2,997,000 2,804,000 2,718,000 2.439,000

Supply
3,024,000
Consumption, ten'inonths!!." 2.952,000 2,831,000 2,855,000 2,533,000
3,760,000 3,393,000 2,241,000
Barplna stoelt July 31
72.000
71,000 462.000 392.000

February.
Marcli...
April....

May
June
July

572,729
476,582
284,216
190,054
131,871
78,572

1879.

333,643
888,492
942,272
956,464
647,140
447,91?
261,913
153,025
110,006
88,455
54,258

1878.

288,848
689,264
779.237
893,664
618,727
566,824
303,955
167,439
84,299
29,472
13,988

1877.

98,491
578,533
822,493
900,119
689,610
472,054
340,525
197,905
96,314
42,142
20,240

1.

1876.

236,868
675,260
901,392
787,769
500,680
449,686
182,937
100,194
63.939
36,030
17,631

1875.

169,077
610,316
740,116
821,177
637,067
479,301
300,128
163,593
92,600
42.234
29,423

lotalyear 5,759,853 4,891,586 4,435,737 4,258,486 3,957,338 4,035,531
Pero'tage of tot. port
receipts July 31...

97-79

99-74

9799

9800

97-43

ACGCBT

THK CHRONICLE.

27. 1881.]

Thi« statement shows that up to July 31 th« receipts at the
porta thia year were 8(58,267 bales more than in 1879-80 and
1,324,1 16 bales more than at the same time in 1878-79
India Cotton

are

now

—

Movement from all Ports. The tlgnres which
and forwarded by cable each Friday, of

collected for us,

the shipments from Calcutta, Madras, Tuticorin, Carwar, Ac.,
enable us, in connection with our previously-received report from
Bombay, to furnish our readers with a full and complete India
movement for each week. We lirst give the Bombay statement
for the week and year, bringing the figures down to Augu-st 25.

UUMBAT RECEIPTS AND gniPVErTTS FOH POOR TSARS.
Shipments

Tmt

ShipmentK ginre

Ihts week.

Great

Conli-

Brit')i.

nenl

Oreo*
Britain

Total.

Conlitunt.

This
Week.

_.,
""»•
,

—

Shippino News. The exports of cotton from the United
States the past week, as per fatest mail returns, have reachi^d
24,828 bales.
So far as the S<)Uthem ports are concerned, thest)
are the same exports reported by telegraph, and published ia
the Chroniclb last Friday. With regard to New York, we
include the manifests of all vessels cleared up to Wednesda/
night of this week:
Total bate*.
Liverpool, per iteamenArizodn, 2,201
Cltr
Richmond, 1,117. ...Egypt, 470

Biw York—To

of Chester. 360 ...City of
....HevellUB. 1.166

To Hull, per steamer Sorrento, 900
To Havre, per st«amer Amerli|ue, 20
.,
To Hamburg, per steamers Weitplialla, 69S....WIeIaod,
1.049
:.
To Barcelona, per stciimcr PIcardIc, 100
Kbw ORLEANS—To Liverpool, per steamen Bernard Hall, 6,782
Explorer. 3.100
Baltimore— To Llvenwol, per steamer Carlbl>ean, 750

Since

Jan.

To Bremen,

1.

1881

8,000,14.000 288.000
1,000 2,000 333.000
2,000 246.000
4,0001297.000

0.000

1880 1.000
1879 2,000
1878 4.000

4.000 1.141.000
7.000 l.OliS.OOO
2,000 774.000
2,0O.J
840,000

5.10.000

478.000
329.000
386,000

I

According to the foregoing, Bombay appears to show a
decrease compared with last year in the week's receipts of 3,000
bales, and an increase in shipments of 12,000 bales, and the
shipments since January 1 show a decrease of 13,000 bales.
The movement at Calcutta, Madras, Tuticorin, Carwar, &c., for
the same week and years has been as follows.
0AL.C(7TTA, MADRAS, TCTICORIM, CARWAR, RAKOOOX AKD KCRR.VCHER.
Shipments
Tear.

Great
Britain.

1881
1880
1879
1378

3,000
1.000
1.000
5.000

The above

Shipments since Januarii

this week.

Continent.

Total.

Great
Britain.

00)1/ 1-

173.000
199,000
189,000
103.000

68,000
80.000
101.000
54.000

3.000
2,000
1.000
8.000

i'.obo

3,6o6

Total.

nent.

241.000
279.000
290.000
157.000

the ports other than

Bombay

same week

For the whole of

more than

1,000 bales

is

for the

India, therefore, the total

shipments this week and since Jan. 1, 1881, and for the corresponding weeks and periods of the two previous years, are a.s follows.

EXPORTS TO EDROPB FROM ALL
Shipments
Europe

lo all

This
week.

from—
Bombay

14.000
3,000

All other y'rts

Total

This

Since

Jan.

This
week.

1.

211,000

17,000 1,059,000

last

1.

Jan.

I.

831,000
279,000

2,000
1,000

575,000
290,000

4,000 1.110,000

3,000

865,000

statement affords a very interesting comparison of the

movement for the week ending Aug.
years up to date, at all India ports.

24,823

Ham- Bar-

BreLiverpool. Hull. Bavre. men.

New York
New Orleans

5,323
9,882

Baltimore
Boston
Philadelphia

900

101

Total.

3.050
9,882

854
4,080
1,900

62

62

San FrauoUco
Total

100

1,707

750

900

21,997

Below we give

hufg. eelona.

20

4,080
1,900

20

104

100

1,707

24,828

news received to date of disasters to vessels
carrying cotton from United States ports, etc.:
Fursessia. steamer, from New York for Glasjjow. The carco on board
all

steamer Fumessia, at Qreenock, for Glasgow, took are night of
August 22. but the flames were subdued morning of the 23d. The
forward hold Is full of water, and the cargo (la that hold) Is entirely
destro.ved.

Erminia, ship (Aust ). at Havre, from New Orleans, on July 17, In lat.SO
N. Ion. 62 W., encountered heavy weather, and the vessel labored
a good deal the pumps also showed a little water.
;

Cotton freights the past week have been as follows:
Satur.

Since

This
week.

Since

total

62

particulars of these shipocMts, arranged in our osoal
form, are as foUows:

1879.

Jan.

2.000
2,000

81 8.000

4,080
l,»0O

INDIA.

1880.

1831.

750
104

The

week show that the movement from

totals for this

last year.

1.

^

.^

Total

20
100

Liverpool, per steamers Canopus. 594
Iowa, 742
.... Istrlan, 1.317. .. I'arthlii, 4 12. ...Victoria. 985
Piiiladklimiia—To Liverpool, i>er steamer British Qiieeu, 1,900.
8A.N Francisco—Tc Liverpool, per ships Centennial 18 (foreign),
Paramite, 44 (foreign)
.

IKK)

9,983

steamer Hermann. 104

jier

Boston—To

3,323

1,707

,„

Receipt!.

.Tan. 1.

231

25,

and for the three

Liverpool, steam d.

Do

Ball...<f.

Havre, steam
Do saU
Bremen, steam.

Do

....

.

fW.

"32*

I3,g.

»3sa*

i»„.

agaij

99® Ij,

38® >a

9b9>«

38® Hi

383 »a

9B®>a

%®»s

98® «•

....

....

•a

>3

^

^

•«

»»32'

e.

....

....

98® >4

38a>8
.-..

e.

%aJa

8all...d.

^

Amst'd'm, steam.e.

Do

Thurs.

.«.

"32*

Hamburg, steam.(f

Do

Wednes.

Tues.

c.

.«.

sail

Mm.

"323932 ''22®'S2 T33 3832 732»932 ''32a»32 '3«9»aa

BaU...(f.

....

d.
518
Old
Bie
=>I8
»IS
>1«
Alexandria Receipts and Shipme-VM.—Through arrangements Baltic, steam
Do saU
e.
OlS
"18
»18
'le
"is
"is
we have made with Mes-srs. Davies, Benachi & Co., of LiverpHJol
' Compressed.
and Alexandria, we now receive a weekly cable of the movements
Liverpool. By cable from Liverpool, we have the following
of cotton at Alexandria, Egypt. The following are the receipts
and shipments for the past week and for the coiresponding week statement of the week's sales, stocks, &c., at that port:

—

of the previous two years.

Aug.
Alexandria. Egypt,
Aug. 25.

1881.

Sales of the

1879.

1880.

2.775,606
This
Since
week. Sept. 1.

1,667,606

3,204',6o>6

This
Since
week. Sept. 1.

This
Since
week. Se^t. 1.

292.530
177,954

17*' 400
ibo 79,890

316 470,484

120 252,296

Bntorts (bales)—

To Liverpool
To Continent

500 2.10.500
154,705|

Total Europe

4 cantar le 93

3l'6

500 105,205|

bales.

Of which e.vporters took
Of which speculators took..
Bales American

BeoeipU (cantars')—
This week....
Since Sept. 1

week

lbs.

Actual export

Forwarded
Total stock— Estimated

Of which -Vmerlcan- Estim'd
week
Of which American

Total Import of the

Amount

afloat

Of which American

5.

44.000
1,800
3,500
33,000
2,200
3,900
777,000
592,000
41.500
29,000
202,000
95,000

Aug.

Aug. 19.

12.

44.500
4,000
2,900
32.500
3,300
3,200
767,000
593,000
35,000
33,000
192,000
87.000

Aug. 26.

76,000

4f),.50O

(!.60O

3 900
2,900
36,500
7,100
4,400
747,000
5£4,000
50,000
39,500
161,000
65,000

7,700
55,000
3.900
3,200

750,000
583,000
53.000
38,000
175,000
77.000

The tone of the Liverpool market for spots and futures each day of the
week endlui^ Aug. 26, and the dally closing prices of spot cotton, have
been as follows:

This statement shows that the receipts for the week ending
cantars and the shipments to all Europe

August 25 were
were 500 bales.

Saturday Mondtit/.

Spot.

—

Manchester Market. Onr report received from Manchester
to-night states that prices are nominally lower for both twists
and shirtings, and that the market is flat. We give the prices of
to-day below, and leave previous weeks' prices for comparison

Tuesday.

Dull

Market,
12:30 P

and

and

and
easier.

7
7

Frutay.

Dull

easier.

Steady.

easier.

Mid. Upl'dR
Mid.Orl'us

Wednes. Thursday.

Dull

Easier.

Very dolL

7
7

7

61B,g

6is„

7

616„

6i»,«

8,000
1.000

8.000
1.000

8,000
1,000

7,000
1.000

:

1881.

32»

Twist.
d.

J'ne24
July 1
"

8

d.

A.

d.

" 12
" 19
" 2G

8.

9»»6 5>«a7 SH
S'ea 93e6 6h97 B^a
9

«

9!>bO

9

9

a

9as 6

9

®8
as
38
»8
»8

S'sa sLj 6 5'8a7
9183 9!^ 6 9 ®8
8"8a 9>s 11 6iaa7

CoWn
Mid.

Up

d.

»''»»

" 15 9^9 95,
9
" 22 9%* 95»)6 9
" 29 O"*® «%|6 9
*.°'^;^

1880.

8I4 lbs.
Shirtings.

Ooj).

A.

d.

dhe

9

fi'ifl

6«,«
eilVn
6i-',«

613,„

8

IteUt.

lis

«»ifl

6H

8H

32* Oop.

d.

Cotfn
ttis.

Shirtings.
f*.

9 9\ 6
9 ® 9:(j 6
9'4»10 6
SkalO 6
9% aiou d
9% ai0>4l6
g^aioi^e
918 » 9'8«

d.

fl.

d.

9^

It

Uplds
d.

4>«»7 6
7>ca7 6
7ii)«7

7I3
7»a

6^
OH
Ci»u

9
9

61'l6
6l3i«
6>3i,

7>aa7
7««»7
7>«a7
7>aa7
7Jsa7

9

9
o'se 7>!ja7 9
8>3 615,8 0>«910
6 9 97 9
7

Mid

6V

61'u
7 ha
73,,

Market.
S P.M.
Sales

8peo.A exp.

6.000
1,000

10,000
1,000

Futures.

Market,
5 p. M.

(

Closed
steadT.

Closed

Weak.

steady.

rirm'
Steady.

Steady.

J

for near

montbi.

The actual sales of futures at Liverpool for the same week are gives
below. These sales are on the basis of Uplands, liow Middling olaiue^
unless otlicrwlse stated.
BATCItDAT.
Delivery.

Aug
Aug. .Sept
Sept.-Oet

d.

7Jj«

. . .

7332® ha

6'*3S

Delivery.

Nov.-Deo

Aug
Aug.-Sept

d.

6»s8
7>3j
7>33

Delivery.

Oct.-Nov
Feb.-Mar

a,

69i»
6»im

THE (HRONICLE.

232
Aug
Oct.-NoT
Nov.-Deo
Deo.-Jaa

Ang

6J4
61.S32

Feb.-Mar
Mar.-Apr

Nov.-Deo

6033

Aug

4ug.-aept
Oct.-Nov

Aug.-Sept

•713a

TUESDAT.
6i8®332
Dec-Jan

6I5ie®2932®
293,^®16i8

6%
Bept.-Oet
O0t.-N0V.. ..6632®3;g
Nov.-Deo

7U2

BeptOct..

Aug
Aug. Sept

Sept.-Oct. ...6n32®5is

6^

Oct.-Nov

Mar.-Apr

C'sj
63132
63I32

Big
6'8
e^g

Aug
Aug.-Sept

6B32®3ij

O0t.-N0V

663;^

62»32
62»32

7

Jan.-Feb

..66i(!®".32

6732

Dec-Jan

7

Wednesday.
Nov.-Dec. 6832® ^®532

Aug.-Sept.... 6'e®29:,2

7

Aug

Aug.-Sept

'Aug

6732

Aug.-Sept
Jan.-Feb

Aug

,6»s

d.
63) g

Delivery.

Sept. -Oct

Mar.-Apr

Aug.-Sept.. ..7'6iB®
,

I

6>4
63]g
63ig

l]i»

Aug. -Sept

d.

Velivery.

*•

7h6

.

6''32

676®2932
Aug
Aug.-Sept.... 678®2932

Sept.-Oct

65ig

Oct.-Nov

6%2

Nov.-Deo

6%

Nov.-Dec
Jan.-Feb

6ie
61I32
6^32

Apr.-May

6%2

Thcksday.
Nov.-Dec

Feb-Mar

6032
63io

®7gg2«32

Mar.-Apr

Glaj

6ii32a'^in

Aug.^ept
Dec-Jan

6IiSi3®293„@7g
'Aug
Aug.-Sept.6i»i6®2932

Bept.-Oet
Oct. -Nov

.6'3a®^i8

Aug
Bept.-Oct

DecJan

6II32
6^32
62732
627,2
6732
S's

Sept.-Oct

Aug
Aug.-Sept
00t.-N0V

63,g
O'lg

Jan.-Feb

6^ May-June

Nov.-Dec

6732®)4
6532®3,8

O0t.-NOT
Nov.-Dec

B's

Sept.-Oct

G^ig

Fkiday.
614^^2 Aug.-Sept
Mar.-Apr

6'8
6'8
638

Aug.-Sept

Aug

678
6^8
6I4

Sept.-Oct

Oct.-Nov
Nov.-Dec
Jan.-Feb

63ie

Sept.-Oct

6i3sa

6^

BREADSTUFF S.
FRIDAY, P. M., Aug. 26, 1881.

The export demand

araUi.

Flour.

MONDAY.
Ddtvery.

[Vol. XXXIII.

for flour has been

much more

active in

the past week, and prices have advanced 25@50 cents per bbl.

So. 2 spring... ¥ bbl. $4 10®
4 30®
No. 2 winter
5 30®
Winter superfine
4 90®
Spring siiperflne
Spring wheat extras.. 5 60®
and XXX... 6 25®
do
Wis. & Minn, rye mix. 6 403
Winter shipp'g extras. 6 20®
do XXandXXX... 6 85®
7 00®
Patents
City sUipplng extras. 7 OC®
Soutbern, bakers' and
7 00®
family brands
South'n sbip'g extras. 6 40®
Rye flour, superfine.. 6 10®

4 35 Wbeat—
Spring
4 70
$1 20 ®1 40
Spring, No. 2
5 75
135 ® 1 37
5 40
Red winter
1 30 ®1 47
6 10
Red winter. No. 2 145 ®1 45 12
7 50
Wliite
1 30 ®1 44
XX
6 75 Corn— West, mixed
63 ® 72
6 75
West. No. 2
71 -» 72
7 73
Western yellow..
70 ® 72
Western wliite
8 75
72 » 78
7 35
South, yellow
,®....
South, white
75 ® 79
8 00 Rye
100 ®1 07
6 83 Oats Mixed
40 ® 43
White
6 60
44 ® 50
Barley— Canada W. 100 ®1 lO
Com meal
3 60® 3 75
State, 4-rowed...
Western, &c
a
3 85® 4 00
State, 2-rowed...
Brandywine, Ac
®.... Peas Can'da.b.&f.
®
(From the " Nete Tork Produce Exchanae Weehlij.")
Receipts of flour and grain at Western lake and rive r port*
for the week ending Aug. 20. 1881:
. .

—

.

—

Ftoitr,
bblt.

A«—

(196 lbs.)
55,733

Chicago
Milwauliee
Toledo

57,235
1,650
7,893
3,418
33,156
1,950

Detroit

Cleveland
Louis
Peoria

St.

Wheat,
bush.
(60 lbs.)

Corn,
bush.
(56 lbs.)

409.657 3,452,324
115.200
20,300
510,541 379,844
211,901
2,168
12,000
38,500
374,495 595.540
6,150 364,6U0

Oats,
Barley,
Rye,
bush.
bush.
bush.
(32 lbs.) (iS lbs.) (56 Ibs.y

313.480
32.975
61,300
13,393
21,000
132.746
285,000

7,514
5,780

31.978
3,940
7.067

7,598
7,150

10,713
38,70a

Duluth
161,034 1,640,244 4,753,270 887.903 28,042 92,998
151,817 2,555,979 3,900,501.1,032,195 100,119 152,453
Total receipts at same ports from Dec. 27 to Aug. 20, inclusive, for four years
1880.
1881.
1879.
1878.
3,819,935
Flour
bbls.
5,655,755
4,101.761
3,540,870
Total

Same time

'80.

Wheat

bush.

34,517,124
83,402.911
28.636,575
4.062,263
1,282,861

Corn
Oats
Barley

41,149,403
101,858,545
20,765,375
2.757,003

43.213.201
63,393,478
19,638,695

44,9oT705
64,680,642
19,308,142
3,249,538
2,783,329

2..543,516

1,780,1'<3
2,404,879
demand Rye
Totalgrain.... 151,921.734 108,310,509 136,255.769 134.930.356
The improvement has been
Comparative receipts (crop movement) at same ports from
most decided in the products of spring wheat. The increase in August 1 to Aug. 20, inclusive for four years:
1880.
1881.
1879.
1878.
the demand has been mainly from shippers. The local trade
450,573

Supplies have been moderate, and the urgency of the

has given

sellers

the advantage.

bbls.

537,694

tush.

5.093,701
12,499.797
2,202,961
70.975

Flour

has purchased sparingly, and only to supply pressing needs.

Kye

flour has also advanced.

active.

Corn meal has been much more

To-day the market was

and the higher

dull,

prices

Veheat

Cora
Oats
Barley

Rye

8,198,078
11,177,317
2,737.903

151,267
387,829

285,474

259,822

364,211

8.215,326
7,536,262
1,093,628
103.779
553,339

10,895.713
12.182,490-

4,747.101

318,657
724,020

were barely supported.
Totalgrain....

20,150.908

The wheat market opened the week quite depressed, prices
Comparative shipments
pons from Dec. 27 to Aug.
falling off 3@5 cents per bushel; but latterly has been active at
1881.
bbls.
5,657.868
hardening values. The feature of the trade has been the FJour
bush. 33,708.401
increase in the demand for export, and this demand has run Wheat
Corn
largely on spring growths for shipment to British ports.

It is

estimated that about two million bushels of No. 2 spring have

been taken for shipment at $1
at the latter figure.
of No. 1 white at $1

34@H

38, closing

last

evening

Shippers have also taken large quantities

89@$1

shown a disposition to realize. To-day the market
and prices of lots on the spot were more or less unset-

stock have

was

dull,

$1

Indian corn fell oflf materially in price early in the week,
under the general subsidence of speculation in breadstuffs ; but
as evidence accamulated that the growing crop has been seriously injured by drought, the speculation revived, the regular

demand

and

1879.

4,416,213

1878.
3,710 050

42,368,875
86,295.215
16,530,133
1,698.100
1,493,123

44.137,884
50.839,951
14,552,835
2,099,080
2,332.018

32,272.876
52,669,730
12,525,183
1,648,988
2,143,257

168.400.451 119,961,763 103,260,034
.... 131.166.500
Rail shipments from Western lake and river ports for the

weeks ended

Flour

bbls.

Wheat

bush,

Corn
Oats
Barley

1881.

1880.

Week
Aug. 20.
144,755

Week
Auy. 21.
111,046

440,038
768,148

463 ,775
69o ,591
813 ,981

9,699
34.741
2.4.59,061

1879
Week
Aug. 23.
97,918

Week
Aug. 24.
76,96»

17 ,929
38.927

668,360
540,843
514,251
19,163
73,468

382.850
306,383
529,487
20,104
4,62»

2,032.203

1,818,087

l,20'>,43a

1878.

1,303,453.

lake shipments from same ports for last four weeks:

Week

prices.

1880.
2,0rt7,700

Totalgrain

with No. 2 red for future delivery selling at |1 45@
Rye
45% for September, $1 4734@$1 47% for October and
Total
49^@$1 50 for November, closing on 'Change at inside
Rail and

tled,

*1

Rye

The

speculation, however, has
continued to be mainly in No. 2 red winter. The new crop of
all descriptions is now moving freely, and holders of old
44.

70,787.368
23,397,517
2,068,245
1,205,008

Cats
Barley

22,653,054
18,121.331
28,807,986
of flour and grain from the same
20, inclusive, for four years:

Flour,

enamg —

Wheat,
bush.

oots.

Aug. 20. ..172, 177 1,231,891
Aug. 13. ..190,380 1,631,974
Aug. 6... 191,305 1,233,448
July 30... 169.743
728.384
Tot.,4 wk8.723,605

Corn,
bush.

Oats,

bush.

3,334,930 797,876
3,483,375 680,538
2,470.475 1,214,776
2,928.751 1,413,395

4,828,697 12 ,217,5314,106,585

Barley,
bush.
9.698
7,708
9,393
4,647

Bye,
bush.

34,741

42.114
24,111
20,031

35,446 120,99T

51.489 386,632
most 4w'kg'80.. 630,066 10.481,604 12, 259,230 2,819.748
Receipts of flour and grain at seaboard ports for the week
of the decline early in the week was recovered; white corn was
ended Aug. 20:
even higher, being very scarce. The large stocks and receipts
Flour,
Wheat,
Com,
Oats,
Barley,
Bye,
At—
bbls.
bush.
hush.
bush.
bush.
bush.
of former crops of mixed embarrass speculators for eariy deNew York
93.599 825,170 686,174 822,810
7,460
liveries. To-day the market was dull, and No. 2 mixed closed
Boston
48,398
41,400 394,258
35,800
1,725
Portland
2,680
9,500
4,200
»t Vljge. for September, 74Ji@74^c. for October and
76%® Montreal
14.309 246,952 120,318
2,902
Plilladelphia... 16,455
76^0. for November.
440,736 165,868
56,894
15
Baltimore
261,855
12.000
1,000
Rye is held higher, and the advance demanded is paid to a New Orleans... 55,3111,014,750
6,042
85,681
64,465
22,500

increased,

prices advanced, until last evening

limited extent. Barley remains entirely nominal, but the views
of holders are stronger.

Oats lost their speculative strength early in the week, and
have since made but slight and ill-supported* recoveries. Stocks
are enormous, and a good crop for 1881 has now been garnered,
but prices are sustained by the expectation of an

demand inconsequence

increased
of the deamess of corn for feeding pur-

Total week... 236,794 2,654.709 1.702,433
957,106
1,725
8,475
week '80.. 273,932 4,70u,850 2.490,771 434,830
2,156 25,664
Total receipts at same ports from Dec. 27 to Aug. 20, inclu-

Cor.

sive, for

.bbla.

Wheat

bush.

Com

poses.

Oats
Barley

42c. for

Bye

To-day the market was dull; No. 2 graded on the spot,
mixed and 46c. for white, and No. 2 mixed sold at 44^c.
for October and 46i4e. for November.

lie following

are closing quotations:

four years

Flour

Totalgrain

....

1881.
8,219,888

1880.
6,064,848

1879.
6,367,074

1878.
5,462,610

59,547.309
72,885.782
18.166,038
2,028,158
915,547

73,944,112
99,455,741
14,808,347
1,392,023
973,267

76.362,000
74,263,440
13,896,208
1,756,908
2,427,990

54,343,878
74,725,677
13,943,120
2,463,115
2,850,908

153,512.834

190,773,490

163,706,612

148,331,093

Exports from United States seaboard ports and from Montreal
week ending Aug. 20, 1881:

for

AnousT

THE OUIILVICLE.

lf81.|

27,

/Vom

Oat*.

buah.

friwA.

6m«A.

bblt.

ewYork

Onm,

Wheat,

Flour,

Kye,
buth.

1,07li.M3

872.«lli)

1,841

30.029

3.I.79U

4Jl,3t6

100

15,4K1
15.4Ki
2,2iO
iO
2,2

274.721

191,112
30,S60

13,811

2-",(i:i
2'-",(i:i

576,:m7

3,989

140,IU

Total for w'k 1.^5.0«l

2.472 IIS
4,710 23.>

BnAtini

P'li'nd
M' iniil
Pliii.i.lilpUlB.
riHiiiiiKira

New

.

Orleans..

<une

tlinn '80.

The

Tisibit)

3,^0, !;t3

128.700

gmu,

sapply of

New

bttjih,

2,400

8,;<y7

7,7«4

Bushels
Value
fndlau oorn
Hushcls
Value
Indian com

'"

132,8!i:t
IST.iS.'i

'.'.

1,79B,2».'>

15,752
3,478

2.1.17.3'.i8

8,337

10 170
45,S87

coraprisinij the Btouks in granaryr

Do. sOoat

biuh.

hiith.

4,212.016

3,141,128

2,.-)!)7.o78

37S,<K)0

700,000
47.000
220.208

430.000

(est.)

Albany

1?.000
129.<i»7

BiilTiilo

nitt-a,ro....

3.865,2J3

Milwaukee

77ci.i>63

Diiliith

414.000

...
Bt. I»iila...
Bo(*toii

Toronto
Montreal
Philiiiiulpliia

Peoria
Indianapolis
Kaii»ft.s City
B.illimnre
Down Mississippi.

02.332
9,056

I

i,eio

Value

10 8«£
230

17.3.i4,970 7.T80.707
16.01.1,101 7,259.348

12->.377
104.7-14

l.-,.89l.J83 7.404.713

12.-i..'i73

330.319
2X8.728
2.iO 52 I

$

1,125
4,115

9

120
60

4
21

.;.;;;

$173,300

Total values—
July, 1881
Juiy, 1880

44,000

ll;*^'

149,050

14;3V8

10,000

.'.'...,

i

Wlieat fli)ur—
Barrels

188,205
163,480

....'."

317

200

IB,<)^0

$

1,990

1,388

113,j67

22,800
94,200

$ 173,300

6,105
4,0J0

1,388
93,900

113,588
148,810

257,68»
48,981

$ 213,091

7 months-

46

1,248

......

HuHhuls

18,t>71

2.572
2.130.000 1,361.000
2.078.00 1
42.000

elle.

Wheat—

Value

315.298
9.177
2,170
51). 170
65.954
82.427
24.800

1881

S 432,300

1880

I

27,603
906,483
40,061 1,170,065

933,41)7

870,013 2,165,095
U»4,l»2 1,683,815

THE DRY GOODS TRADE.

418.000

.'>7.").000

20, '81. 17.C.59.016
13. '81
17.1.>3,06
17.53>,o9.)
6. '81
16.772.-<08
30. '81
23, '81
15.621, lis

1620

Willam-

.....i

9

Bushels;
Value

1

1.3.')S,U00

.\n(t.

60,281

46.0H7
2.000
4,.' 69

8O4.000
883,000

lake
canal

\»e.
AuxJuly

13.70U

JtieK-

mond.

Rye-

14.400

297

44.!»!t6

rail

Pot.

6,H49

fpom Mllwnnkra
duialla for July

meal—

Hunhela
Value

II. Olio

156.256

$

Value

24.040

26..S61

total*

forei{olii(t

Oats—

buth.

7.011
1,000

P09.4.'J9
4,173,7;«.t l,313.74il

1,017,.5«7

OswcRO

buth.

18.0(10

508.71U
298.98B
4.3 J i
45,000
55.Oi.io
672.127 1,0 44,!)69
45.722
24g.8li2
43,060
127,875
132.623
630.0«.^
3 0,6.14
14.S)S(i
163,764
330 100
20.>,2O0
215.H8S
31.511
1,2:11, I3'>
588.175

Toleilo
Detroit....

On
On
On

bush.

the

Barrels

%t the prineipal pointd of aueamalation at laicH and nHaboard
fiort«, and ia tnosit by rail aad water, Aug, 20, 1881, wai) as
follows:
Wheal,
Ci>n>,
(Xils,
Barley,
Kye,

iHtloreat—
Kew York

2:^3

am the rrporu
H.iv<m, I'onlBn.l. lUobmoiid and Wlllttinc.ttc, the
1881, bulng UM folUiWH:
MilieatiIfew
PortBarleykee.
Haeen.
land.
Inclii«l«l In

Fmdat,

The jobbing trade h^s coatinued

P, M., Au(?. 26, 188X.

active the past week,

aa

important distribution of dry goods

hanog been made to
li.ni8.0I4 7,373.306
124,808
188.8;iii
July
I3.9.>l,373;7.5!0,.-.i;3
117.0 '8 Western and Southern retailers, who are now largely repre33.736
Anir.21.'80
I4.5.»o088 16.788,(13:)
882 186 6 46 4m.«90
The following statement, prepared by the Bureau of Statis- sented in the market. There was also a liberal demand for
1

i

;<_•!(

1

'

show the

will

of doinestie breadstuffs from the
undermentioned customs districts, during the „onth of July;
and
for
1881,
the seven months ended the same, as compared
with the corre.sponding months of thu previous year:

tics,

eitport.s

i

1

»!,•

*'^°*'''''='
I

fScr^

":

:

^^W-'

•

ngS

;

'•

\

\

31

:

So

22

:;••
:;:::;:.;

=o
•?^:

;

:

:

The demand

ate,

Qooo

• a;

I

markets was reflected

g

stocks are so well in
QOX-

to

come

is

hand that a steady market

fltoooa.

o:

:dcco

-^

Colombia, 547

owK

-1 ^t|-'

T^itCi

—

M—

t4

^

»-

to

--1

deliveries of

^1

?r
It-

t-t-

^Ci-i.

O

O

M

C:

- / w oc ^

C U vX

1—

=^

-^
.1.

C:*-jc if^-iic
•
rvC* '

I

!n

1^ ir

M
^^W.

^

A C C tt K ?

»0
c-

tc

S

CX-lil

I

r; -I

-C

w K OD

first

;

British

West

:

Afri.!a,

Indies, 79

more import-

China, 1,440

;

;

U.

S.

of

157; Hayti, 145;

Uruguay,

61, &c.

The

hands continued moderate, but a very satisfac-

t-

M
OC'i*^
^^ — wo:
to

made by agents in execution of back orders. Prices of cotton
goods ruled firm along the whole line, and stocks are in excellent shape. Print cloths were less active and a trifle easier at
the. end of the week, when 64xG4'8 were qu'>tedat 3jg@3 15-16o.
and 56i60's at 3%«. Prints were in good demand at rt)St hands
and active with jobbers, and there wa.s a very brisk miivement
in dreKS ginghams, which are largely sold Ahead I'f production.

'r

^ 01 X
w C
0"Tth-ot-;
K K,M-Jxci b c':^
•-•

T.

to

'•

» OT

»*^

ji

»

•.;

c;»

:

-

'

:

OP

brown and bleached goods, wide sheetings, cotton
Ac, were

flannels, denims, ducks, drills, ticks, plaid osnaburgs,

H C- C ~ :d — JT.C'
X ^J
^lOXOT'-.!

S< tf-*k"^'OaDt3

»-

some time

tory business In cotton goods was done by jobbers, and large

-itibc.
300:: a

sVbbib*-.

demand at

f jr

3,205 packages, the

Great Britain, 515;

;

Venezuela, 117

^-i

Values of

—The exports of domesticsdnring th^

ant shipments having been as follows

<e:

— ic:

large quantities of cotton

more than probable.

DoMBSTic Cotton

-

The moven>ent on account of

active,

week ending Aug. 20 embraced

ZO

many of the
a material increa e in the

both domestic and foreign goods are firmly miin'ained, and

s?

V

in

been shipped in this connection during the week.

:••:••!'

a y> re

'^"J' ««ti3hands was only moder-

goods, woolens, prints, ginghams, shirts and drawers, havinj^

;..;;::;:•

* ^ - w i:

at first

telegraphic order8 for re-o-ssortments of

foamer orders was quite

•

1. ^
j
*'==""'P'"^^«<1

bat the activity of the jobbing trade in

staple and department goods.

»'»T»;
O.S.-

^i
.
i,
1
1
1
^u''''' *^°''''''>'' <='''''''"''

number of mail and

£.:

»'

Si-

'•

j

factoiy business.

interior

l*2i»'^^._.

.

^""^

!

irt^^xc

Oi

-t.

»-

:,.

-iCil?*

—

ex — X**iK
XrJ*-MOO*-i---<i

— CO w

xbbx

»—>.*.— bbi'i^c*:; a

w

-jd

1-*

CJ to

^

M.--4-*»-'b>x'r

il

<*-.

S.

to

•

aocu

Oit-OiX

owccc
00 — ©*.

XtCCS"-"-C;'ij;;itOCDC0

M;
o;

:

X — ic j» x

?.-.>--

-I

•.-

^1 -r

T « O* ^ to C;, 3: CO *-

-.

c

..-

3

^ — X cc
r;-''^*JS*-cs&;K/T
:j»

--toMC,;

M ^ ,c

c ; e i.i

o.

rf»

to

;^'

0; QD

;

;

;

;

C
coutc
Mt-"

to.

OOOff.

10-

qosmw
oai:—

-I.

-1

Is

^0 ft y« Vi *3; 'j.

O w' y> c —

Domestic Woolen Goods. The demand for raens'-wear
woolens was chiefly restricted to such duplicate parcels of fancy
cas-imeres, sailings and overcoatings as were required by
clothiers for the renewal of broken ansorrmonts; but a few
large transactions in heavy cassi meres were effec ed by means
of slight price concessions, and there was a good steady movement in most kinds of clothing woolens on ai'couut of back
orders. Repellents and cloakings were in steady request at
unchanged prices. Kentucky jeans ruled quiet in agents'
hands, but a good business was reported by jobbers. For flannels and blankets there was a steady inquiry, but selections

)F>>xrorCi

Oi

I

*

i: to

tec

Ifc '-o

cc

X-l
ace

c

'
c;*

;.:

bio'ab
— o* X
;ff

e

I
?

were mostly confined to relatively small parcels. Shawls and
felt skirts were fairly active, and there was a moderate demand
Shins and drawers,
for worsted dress goods and linseys
hosiery and fancy-knit wooleas were in fair request, and large
deliveries of the former were made en account of back orders.
FoBEios Drt Goods have shown a fair degree of activity in
jobbets' Hands,

and importers experienced a steady demAnd for

THE CHRONICLE

234

and Continental dress goods, Lyons and Zurich silks,
Linen goods ruled quiet and steady, and there was
hosiery.
a fair business in laces, embroideries, gloves and
Woolen goods were mostly quiet, but there was an improved
fcritiah

velvets, &c.

demand

for ribbons

and millinery goods.

Importatlona of Dry Goods.

The importations
ending Aug.

35, 1881

of dry

and

Becelpts or Leadlnx Articles o( Domestic Produce.
The following table, based upon daily reports made to the
New York Produce Biohange, shows the receipts of leading
articles of domestie produce in New Tork for the week ending
with Tuesday last (corresponding with the week for exports),
also the receipts from Jan. 1, 1881, to that day, and for the
corresponding period in 1880

January

since

1,

and the same

is

•

p
3

o

^n

Ashes
Beans
Breads tuffs-

if

;

C^,^

•q^
01 OD

;

to

M

^-CX>-JM

—

M

MM»0^#»OO^tO^»u*|

ClCCOCCO

MN-

MM

fr
-1

CIO

r^

tGi»-

>

n
K
r

c

cowbtow

M05

OU> CO 1(^10

— OOOD-JlP'

00 00

Ol^MCOOO

<iic

w

OiM
COi

no

OM
MCO

o
y>

M

o

"OM

>

-3

CM

fX)^
(joa
00 10

tJ

CO cn

to

M

Ot

ODCS
cn^l

C

MC0>t'Oi»

Om
CD CD

'£>

00
vl
CD

ooo
ooo

en

MM
o*
tOM

O|U(t.03M

V*

o<i
^CD

-1

OtM

o

'-3CC

'<!

COCC

<-*

tf».^0*OC)'

to
to

CiCJ'tooiw

^
^

a
OB

MMWMifr.
MOOCi^OS

5

r
s

2

^

OS

c;tcDOo;**

X X to M
--I

MinO'a«b

s

— ^^
xwocox
toco"-

Crlo'i-WM
^I

3

M Ol to to ©
M to c. w *-

s

00

CS»-Oi*-

C;«M
00<)

to

^COCTO*.
t-OJCCCO —
btocobb

01

Wm
cow M^OOWM

01

w'io

cccDCoc;iO

Oi

'

t

<I CD 'J *^

il

J
V a
s

"f

5;<ooao5;<M
"-1

CO

XCO-^»— Ot'*

t

oo'jj'i-'bo'

»

S

^cobi'ijb
Q0 03MOi»

M
^

„.

X

MtO wxco

OtO-MOi^

__ 03

1881.

articles at this port

1880.

Ac..

..

Sarthenw
Glass

Glassware
Glass plate.
Buttons....
Coal, tons..
Cocoa, bags
Coifee, bags.
Cotton, bales

Drugs, <ko—
Bark, Pom.
Blea. powd,
Cochineal..

Gambler

Gum, Arab.
Indigo
Madder, Sx
Oil, OUve..

Opium

..

.

Boda, bi-cb
Soda, sal..
Boda, ash.

Plax
Furs

Gnuny cloth
Sair
ewp, bales

18.819
12,776
3,151
32,499
4,708
3,989

411
31,010
613
3,953
30,584
47,07^
3.28
6,733
1,472
4,139

214,154

Hides, am.

India rubber
Ivory
Jewelry ,&cJewelry .
.

Watches

1881.

12,190 Iron, pig...
" RR.bar8
35,501
494,988 Lead, pigs
28,597 Spelter, ibe
4,KG8 Steel
8,912 Tin, boxes
32,606 Tin8lUs.,lbs
29,330 Piiper atoek.
1,593,193 Sugar, blids,
4,795 tcs., &bbl8.
Sugar, boxes
24,922 and bags
17,777 Tea
2,958 Tobacco
74.559 Wine«, 4feo.—
4,038 Champ'gne
5,887
baskets
.

.

975

Wines

33,422 Wool, bales.
1,320 Keported by
8,552:

value.
41.056: Cigars

.

.

Linseed
Molasses
Metals, &c—
Cutlery

Hardware...

1.552
4,579
45,601
2,056

1,160
721
160,927
64,583
4,508

701

ISFjISS
256,084
26,351

1880.

Oil, lard
Oil, whale

3.592,917
133.852
28,2b9,109
567,261
30,101,248
10,805,906
3,105,296
179.161
541,400
17,905
625,034
57.126
105,266
27,549
44,075
1,862,492
98,260
3,376
50,681

s.osi

bb

30

bush

3,046

87,585

pkgs.

808
382

87,475
25,639
723,464
972.906

2.114
7,060

329

galls.

Peanuts
Provisions—

Pork
Beef

445
904
60,192
2,110
198

2.435

.,

pligs.

CutmeatJ...

pkgs.
pkgs.
pkgs.

Eggs
Lard
Lard

bbls.
tcs. &, bbls.

Hogs, dressed
Klce
Spelter

kegs.
No.
pkgs.
slabs.

Stearine...

pkgs.

Sugar
Sugar
Tallow
Tobacco
Tobacco

hhds.
pkgs.

bbls.

boxes

Whiskey
Wool

A cases.
hhds.
bbls.
bales.

20,209
30,531
133,477
10,252
2,427
4,005

827
760
166
50
220
803
3,333
1,241
3,799

774

time

2,535
30,286

48,870

pkt

bbls.
bbls.

1.872,031

407,771
333.768
186.988
35,419
41.708
94.051
14,973
9.290
15,823
35,115
92.395
63,414
151,664
74,932

2,939.455'
88,859
34.337,079
607.693
39.849,755
8,212,713
2,755,783
340,751
499,461
32.425
34,068
71,642
100,302
33.274
12,137
2.641.033
119,191

545
42.435
2,319
62,469
253,403
14,057
1,418

436,273
8,011
181
60,656
107,478
23,048
1,141,166

887,333
1,504.187
421.224
439,935
108.192
40.674
42.234
37,640
14,027
91
8,304
74.632
106.071
60.470
208.289
35,389

Bxportset Leadlax Articles or Domestic Produce.
The following table, based upon Custom House returns, shows

1,339,591

656,129

.

.

65.303 Fancy goods
4,035 Fish
9,214 Fi'iiits, Ac.
2,004 Ijcmons ..
9,960 Oranges
160,376 Nuts

1,018,708 1,084,335
9,940,782 19,795.631

111,754

227,909

478,421

484,395

2,099,849
603,134
34,954

2,211,189
550,187
51,113

133,596
160,847
29,803

93,774
138,678
88,451

Aug. 23.
Ashes, pots
Ashes, pearls

Beeswax
Breadstufb—
Flour, wheat
Corn meal

1,062, ,540

898,941
321,861

bbls.
bbls.
bbls.

bush.

bush

Oats
Barley
Peas

bush.
bush,
bush.
bush.
pkgs.

Com

Candles
Coal
Cottou
Domestics

Hay
Hops
Naval StoresRosiu

Jar
Pitch

tons.
bales.

pkgs.
bales.
bales.

bbls.
bbls.
bbls.
bblsbbls.

Oilcake
Oils-

owt.

Whale
Sperm
Lard

gals.
gals.
gals.
gals.
gals.

7,80,171

Linseed
Petroleum

1,291,215
585,9"^

Provisions

Pork
Beef
Beef
Cutmeats
Butter
Cheese
Lard
I.........

6

lbs.

Rj'e

Spirits turpentine

986,798
791,026
307,909

bbls.
bbls.

Wheat

Crude turpentine

1,331,996
1,339,529
586,914
Rnisins
502,067
624,933
2,236 Hides, uudr. 12,817,746 16,588,948
5,767 Rice
:
117,752
237,267
45,102 Spices, Ac1,526 Cassia
34,246
184,442
Uiuger .. ..
57,705
82,317
2,387 Pepper.. ..
237,(536
397.098
079 Saltpetre ...
229,826
277,332
315,691 Woods70,280 Cork
533,835
400,189
Fustic
100,890
59,511
4,843 Logwood .
403,551
562,837
919 Mahogany
299,617
159,100
.

Week ending

Flour, rye

259,470
588,413
40,982
4,825,307
378,015

$

.

Bristles .
Hides, dr'sd

Tar

569
37,737
3,551
2,610

Same

last year.

1,250
52,086
191,377
16,253
2,497
397,038
5,535

from

Metals, &.C

14,198
32,170
280,181
30,163
4,904
7,598
39,176
44,022
1,618,709
7,823

pigs.

1,388
7.033

1,

compiled from Custom House returns,

Jan. 1 to Aug. 19, 1881, and for the corresponding period in 1880;
(The quantity Is given In packafres when not otherwise specified.]

China

Leather

576,712
801,093
63,604

Since Jan.
1881.

the exports from New York of all leading articles of domestic
produce for the week ending with Tuesday last; also the exports
from the 1st of January, 1881, to that day, and for the corresponding period in 1880 :

Oixoa»^

of Leading Articles.

Bhows the foreign imports of leading

China,

bales.
bales.
aides

Hops

Cheese

^ M
9
X
M p

to

»*».

M_WMUpi
InCJiOAOt
o-.OMa^

^

51

o
Oif'OX^
-1
Oi — 01

oxa>M©

CI

03
00

^

MCOmWIOO

bags.
No.

<

>

M yi o X to

mcoi:mo

btigs.

Pitch

M^

>in

If^XCnOCO

oil

Butter...
5^

ae

MM

bush,
bush.
bales.
bbls.

Oil cake

f

Mxacsosflfe

(CM

M
X

^

>«

X

S

3,403
1,027,928
6,310

H

fe

1

102,970

bbls.

Molasses
hhds.
Molasses
bbU,
Naval Stores—
Turpentine, crude
bbls.
Turpentine, spirits... bbU.
bbls.
Rosin

--)

ffltPMCCC

OWOOOM

s
n

Cora
Oats
Barley
Peas
Cotton
Cotton seed
Flax seed
Grass seed
Hides
Hides

60
653

bWs.
bush.
bush.
busi.
bush.

Lead

^i

?

OCCSOCCO
lUMO.^1^

1?
M^

QfOLMMIK

<1
01

table,

CO ** ot to

CD

M

a»

or
tx

- M CO K) »^

ImporU

accc*x*y<*M

^xpcoco

M^-M

1

MO--*lOM"-

CO

;?

1

01

•r;

2
s

OCOMOW

w

The following

•-tOQD*.C-

bcDCCCi*-

I:

«4

ICOCCOCCO

CDOtioaooi

1

ifc

too
CO
^cs

»-C0'iOiCn
tiMcntocfl

CO*.
00

to

K

M

com CD CD (p.

b

o

ooo

CO

lOM

to

S

c'^tOMW
c.
to

cdotVimcs

<ieo

01

M Qc

z

(a.«.M*<l

ICi

ottc

:

CCMMW

;vl

OOOi

t

M
tO-JOCtU
C. tU ^ — CD

CO

:

!

MKMWO'

~j ^)

*^

*. CO CO CD CO

r
00 en

g;

c

OJM"rf*V40S
1—

3

O

OS

o:"co

S

c

CM
b
o

g

to

ft

tfii'MOtOOS

tc

A

H

"S

M

in

B
O

§2

no

:

^10

MM
lOO O

Mt-I

cc^w'ioV
<1MO^O^^

Pt-M

:

I

!».»
h-O-

Oi

a to «» c^

(

:

i-tcocooi

CO

<1M

to 03

;

;

•

w Ki
MMMM
to 00
o
Oi
wo
o^^r"^
N-4

C

©

i

;

-JW
o:w

00
9i

»0*»-

CO

Mannfaotur

f^.

OtIO

to

tflsoellaneo

UUoellaneo

g:

wheat

Wheat
Rye

Wool

.

1

lot-

09

Cotton

.

^i

CO

811k

c

.

1

2

Flax
Wool
Cotton...

bbls.

bbU.

Com meal

Silk
Flax

o

:

Feefc etiding
Aug. 23.

facts

Flour,

Is

XXXIIL

goods at this port for the week

for the oorresponding periods of 1880, are as follows:

2.

[Vol.

bbls.
bbls.
tierces.
lbs
lbs.
lbs.
lbs.

101,690
5
4.265
1,169.635
8,397
2,164
3,026
1,004,153
1,016
1,820
13,723
3,050
•
2,983

56

"273
3,941

163
133
16,200

11.294

653
10,619.034
3.929
1,183

731
7,024.732
637.278
4,287,702
2,071,371

bbls.

406

Tallow
lbs.
Tobacco, leaf
hhds.
Tobacco
bales and cases.
Tobacco.manufactured. lbs.

887,470
5,724

Rice

Whalebone

lbs.

397
119,807

700

Shice Jan.
1881.

1,

1,048
100
52,371

3,162.908
2.251
137.933
27,727,330

733,526
184.495
15.187
181.400
23,313,294
40,102
41,003
331.221
92.474
57,098
18,678

6
7.537
122.793
7,855
3.008
1,652,400
134.529
108,262
279,206
23.504
213,412,928
131,182
28,308
35,801
279,283,599
13,854.270
92.558.953
144,343,610
17,077
35,960.188
50.138
30,496
3,965.015
76.617

Same

time

last year.

677
145
58,278
2,604,958
2.861
110,917
39,754,224
907.866
329,374
262.806
227.993
32,050.755
40.305
32.340

413,712
79.10.^

82.029
3,600
18.762
152.450
4,520
3,715
3,339,314

69.907
23S..518
57i.'.:i:i!)

S!l.4ti9

157,924,232
158,229
41.156
39,703
370,871,1)34
1S,4'.'I.--'T'.'

81..^.M ..^•-1
187,9111.113:1

14.116
58,401.156
49.235
30.646
4,220,177
53.504

Aiwwr

THE CHRONICLE.

37, 1881.J

&

Kimball

R.

Co.,

J.
BANKER8 AND BKOKBR!*.

New

No. S5 Naassa Street,
TlitrtMD Tmti'

In
ICxctuntfe.

B. J. KniBAix. A. B.

Mernben of

iMvuaamY.

V. B.

&

Stock

.

Co.,

BANKERS AND BROKERS.
BROADWAY AND 19 MEW STREET,

M

Holt,

Kohn &

Glazier,

Baixabo,

NEXT TORK.
STOCKS AND BONDS BOUGHT AND SOLD ON

bankers,

DEPOSITS

and

recelf ed

INTEKEST

batlnCM.
alloved on

balances.

so

PrlT<te telegraph wirei to Providence and Boalon

GEO. H.

TAINTOH.

HOLT

Coleman Benedict & Co.

No.

All bnai.

DEALER

IN

ALL KINDS OF

STOCKS AND BONDS,

Railroad and Inrestment Securities.

MEMBERS or THE N. T STOCK EXCHANOB.
A strlctlj coroniluion bnslneaa conducted In the

SOCTBEBir Secubitieb a Specialtt.

purchue and

aale of Stocks

and Bonda on Margin

or for inTestment.

Complete Flnanciil Report tsaued weekly to our

correapondenta

^^^

&

A. H. Brown

Co.,

BANKERS AND BROKERS,
T TTmU St., Cor. New, New York.
INTESTMENT SECURITIES.

&

DREXBL BUILDING,
and BROAD STREETS,

Cor.

13

Schley,

WALL

Purchase and sell on Commission GOVERNMBNT
and RAILROAD BONDS and STOCKS, and all
or

ail

IT

Sistare's

MASSAC

C^

Co.
BANKERS,
W^AIil. STREET,

Sell

E:xcbanKe.
Interest allowed on daily balances.
All deposits subject to check at sight.
Particular attention to orders by mall or tele>
graph.

Bar

NEW TORK

ObO.

W.

:

2.647.

CECIL,
N.T. Stock Ex.

Member

M. ZIUMEUMA.V.

MOBSI

CeciljZimmerman & Co.
BANKERS AND BROKERS,

69

74 BROADWAY, NEW YORK,
WEST THIRD ST., CINCINNATI,

Si

BANKERS,

CINCINNATI. O.:
W. P. THOMAS.
W. M. WILSHIBI.

So*

58 Broadway; cor. Exchange Place,
TRANSACT A GENERAL BANKING BUSINESS
INCLUDING THE PURCHASE AND SALE OF
STOCKS AND BONDS FOR CASH OR ON MAR.
GIN. BUT AND SELL COMMERCIAL PAPER.
P. 0.

O.

D. A.

BOODT.

RKUBEN LELAXD.

Box

GAS,

W

J.

NEW

TORK.

D. Probst

&

No. Si

EXCUANGB PLACE, NEW TORK.

BTO0K8, RAILROAD BONDS, GOTEBXHXNTS AND
MUCILLANZOCS SKcrRITIIS BOCOHT AMD SOU)

&

Thomas

Shoemaker,

BAT7KERS AND STOCK BROKERS,
134 Sooth Third

Sc.,

PHILADELPHIA.

MBltBERS

all

A. P. Turner & Co.,
BANKERS.
No. 307 Walnut Place, PHILADELPHIA.
GoTernment, State, Municipal and [lailwav Bonds
and Stocks bought and sold at all the K ccnanges.
Investments prudently made in suund rtiilwaj securities. Collections promptly attended to.
Correspondents carefully represented at Auctions
and Private Sales. Bonds of sood but not wellknown railroads always wanted for investmenta at
the best rates. Orders on murKlns not entertained

BalUmoro Banker§.

SethH.&H.B.Whiteley

&

BANKERS AND BROKERS,
Co.,

CONGRESS STREET,
BOI^TON.
OF THE NEW TORK AND BOSTON

No. 35

Co.,

STOCK AND BOND BROKERS

Jog. M. SHOifllAKEK.

SALTONSTALL.

8ECDBIXIES BOCOHT AT THE AUCTION SALES.

36 PINE STREET,

Co.,

Philadelphia Bankers.

MCLELLAN, JB

Brewster, Basset
l¥INTRINGMAin,
INSURANCE BANK STOCKS, &o.
BANKERS,
P.

Mo.

&

IN GOVERNMENT SECURITIES
County and Railroad Bonds.

Oio. C. Thoxas.

447.

C.
F. G.

Boston Bankers.
J.

Stackpole,

Issues of United States Bonds.
InTestment Securities a specialty- Correspondence
Information
upon financial subjects
and
full
tnrtted
furnished.

York.

J.

&

New Tork

DBALGRS
State, Citr.

Dealers in

Transact a General BanklnK Business, including
the purchase and sale of STOCKS and BONOS for
cash or on margin.
and Sell InTeKtment Seonrltlea.

H.

BOSTON.

STATE STREET, BOSTON.

40

INTESTIIENTS.

an CommiBaion, for caab or on maraecnritiea dealt In at the Mew York Stock

Buj and
fdn, all

BOX

DEVONSHIRE STREET,

Chas. A. Sweet

Sons,

MEW YORK,

ST.,

FIRST-CL.AS8

cA:).cil)v3.tCi^^

Co.,

DEVO^'SHIRE STREET,
BOSTON.

No. 68

NEW TORK

DEALERS IN

p. O.

&

BANKERS,

reputable Securities

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

Geo. K.

NEW TORK

A. M. KlDDIB. WATLANT) TKA8K.
W. C. HILL.

Tower, Giddings

BANKERS,

STOCK BICHANGB,

CSDAB STBEET,

New

Bonds and Stocks bousht and sold on commissioa
New York, Boston and otiier tJxchttnffes.
GEO. Win. BALLOU, D. II. DARLING,
WM. II. BINGHAM, A. S. WEEKS,
New York.
Boston.

Parker

COMMISSION BROKER IN UNCURRENT
INVESTMENTS,

No. 18

Securities.

WALL

HENKT DAT,

St.,

BOSTON.

at the

(gLLij»JS,pot[DEj^ 3Je]«^s.

Stock Kxctaan«a.

3413.

T3 Devonelilre

RecelTe accounts of Banks. Bankers. Corporations
and IndlvlduHls upon favorable terms.
Deal in Governments and Standard InveBtment

No. 83

classes of Securities dealt in at the

BOX

NEW YORK.

Orders for Stooks'ezecuted in Boston,
and other markets.

James Kitchen,
TO

T^'all Street,

NEW YORK.

STREET,

BANKERS AND STOCK BROKERS.
WIU.IAM LCMMIS,
Membera of New Tork

BANKERS,

14

BOEE BS,

B

Day,

Noa. S4 and 35

&

Groesbeck
Me

Special attention to bnalneaa of country banki.

Lummis

Grant b. Schijt,
Ebnest Groesbick,
Membera N. T. Stock Exchange

COMORESS 8TREET AMD
2 CONORKSa SQUARE,

BOSTOW, MASS.
Geo.Win.Ballou&Co

MEW YORK.

8 WALL' STREET,

NEW YORK,

ST.,

Inveatmect Securltiea.

Simon Borg,

1864.

BROAD

No.

nesa connected with railways undertaken.

ESTABLISHED
No. 21

sella

SZSOVIED IM

PHILADELPHIA,
No. 7

BANKER

AND COMMISSION MERCHAMT,
Buys and

ISSUES.

NEW TORK,

NEW YORK,

PINE STREET,

IN

BOSTON,

Samuel A. Strang,

Buy and Mil OOVKRNHENT, MUNICIPAL and
RAILROAD bond!.

P. O.

OF ALL

OOilMISSIOy ORDEBa

COMMISSION.

wall street,
TRANSACT a UBNBKAL BANKING

BANKERS,
AND DKALER8

OOTERNnENT BOKDS,

new york.

me. 10

G. K.

Foote & French,

Co.,

a Ezeltence Conrt. Ncnr York.

N. T. 8tock Kxcbange.

Taintor

&

R. T. Wilson

BAKKERS AMD COUMISfllOM MERCHAMT8

York.

Maw York

Membenhlp

BontoB Bankers.

Financial.

Financial.

STOCK EXCHANGES.

No. 27

STREET,

BALTinORB.

Orders for Stocks executed in Boston,
Philadelphia and Richmond.
J.

WILLCOX Bbown.

C. D.

New York

liOWSOn.

Brown & Lowndes,
BANKERS AND BROKERS,

ALSO,

Dealers In iHunlclpal, State, Railroad and
United State* Beads.

GERMAN

P.O. Box 313.

No.
P. O.

Bos

GERMAN STREET,
BALTiraORB.
874.
19

THE CHRONJCLE.

Ti

&
-

orrespondence

N.

Y. CORBESPONDBNTS— McKim Brothers &

No.

7

&

A. L. Schmidt, Cashier-

Prea't.

U.

S.

WhiTKLKY,

Jtt.

RRO
STOCKS, NOTES

Banks and Bankers

Morison,
K E R S.

Correspondence invited and

tiunua ur Stucks.

Defaulted bonds a spcialty.

&

P. F. Keleher

-

Schoolcraft,

Co.,

STREKT, ST, LOUIS, lUo*
Western Investment Securities for
sale. at. Louis City und Stales of Missouri, KHusas
Texas. ArkansHS and Cnlorado Bonds a specialty.
Full inforniat ion given in reference to same on an305 OI.TVR

STOCK BROKERS,

First-class

MAIN STREET,

No. 1104

Choice Investment

securities JiJwuya for sale. Write to us before you
buy or sell any Illinois, Missouri or Kansas bond's.

Bankers.

&

Campbell

.TIILWARD'S HKLIX NEEDLES
4(P0 BROADWAy, NKW
YORK.

DEALERS IN

financial subjects furnished.

Soutlierii

%£#^

Co.,

Street, St. Louis, Alo.,

Western and Souibwestern Municipal and Railroad

information on

full

&

F.R.Mudge,Sawyer&Co
AGKN'l'S

Washliisrton

Member N.

Matthews

BAKK OF

CIlARLE!«TO.%,

National Banking Association,

CHARLESTON,

S. C.

Special atte.ntion given to Collectioxs.
B. E.

BURBCSS,

First

A. K.

Pres't.

WALKER,

Krom Various

made on

MAIJRY

R. H.

O

Buy and sell Government, State, Municipal and
Railroad Bonds and Stucks. &c. Virginia State TaxReceivable Coupons bought and sold. All orders
promptly attended to
New York Correspondent, VERMILYB & CO.

i\

V

1^

W. DAYTI'N.

GENERAL TRANSATLANTIC CO.
BETWEEN NEW YoltK AND HAVRE.
From

(new!

JPi«r

Nt*.

24f

IH: STM'T Stbekt.

liisuraiii-e.

THE

OFPICB OK

ORIENT
Mutual Insurance Co.,
in conformity w4tli the provisions of

pul>li8li(*d

Line to France.

Direct

STOCK BROKERS,

RICHMOND, VIRGINIA,

.1.

in

New YoiiK, January 27, 1881.
The following statement of the affairs of this
Company on the 31st day of December, 1880, is

Meuiii!<iln3>**.

CO.,

&.

BOSTON,

Cuauncky Sthekt
PHILAmil-HIA.

Whitic Street,

Y. Stock Kxcb.

Orders receive prompt and personal attention.
Correspondents, Messrs. Maxwell & Graves, New
York -City, ajtd .VlH8s^^. filako Brothers & Co.. New
York anfl Boston.

parts of the United States

all

<'o.,

fll'll».

NKW YORK.

ST. LOUIS, MO.,
BROKKKS AND l>EALERS IN
State, City, County nud RU, Honda ifc Stocks.

C.

(•'OH

Clilropee MIfe. Co.

Atlantic Cotton laiil*.
SaratogaVIcioryms.ro.. ••ccanMillN,
Fenbixl^ •>1II«,
AND
Hosiery, Shirts and Drawers

Whitaker,

National Bank,

TTILiniKGTON, N.
Collections

Cashier

6c

iriills,

BurHni;t'>ii Al'ouleu
Ellerlon Kew iTinU,

HICH.nOND, VA.
tication. Coupunsaud dividends i:ollected.
SOUTHERN SECURITIES A SPECIALTY Leonard Matthews. Edwak"s Whitakeh,
WM. C. COURTNKT, Pres. ErnestH. PRINOLE.Cash

Bro.,

CT5]

solicited.

113 No Third

MD.

BAI<'ri.M4>Rii,

Accounts of

rates.

John V, Hogan

AND BONDS, AND DKALERS

FORhlGN KXCHANGB,
Comer South and Cverman Streets,
IN

&

Proceeds

Special attention given to collections.

&

Whiteley

Sheetings, cfc, tor Export Trade.

Di-illii,

KENTUCKY.

promptly remitted at best
E. N. MORISON.

-

White GoodR nud Hosiery.

Qiillto,

George A. Clark

DEPOSITORY,

S.

l.eUISVIL,L,E,

TRANSACT A OBNERAI. DOMKSTIC AND FORBISN BANKING BUSINESS.

Towel*,

National Bank,

First

BAliTIinORE.

W.

AND SHEETINGS,

FEINTS, DENIMS, TICKS, DUCKS, Ao.

Geo. a. Lewis,

Sons,
BANKEK8,
SOUTH STKEET,

Robert Garrett

Fabyan,

BROWN AND BLEACHED 8HIRTING8

references.

Co.

&

Bliss

Boston, Philadelphia,
SELI.INO AGENTS FOR LBADI.NQ BRANDS

7

Negotiate School District, Township, City and
County Bonds. Write for circulars, blanks and

*

.>

and information lur-

aolicltert

KANSAS CITY, MISSOURI.
WESTERN FARM MORTGAGEfi, YIELDING
AND 8 PER CK.>T. A M'ECIAl.TY.

New York,

IvOAN BROKERS,

UALmmoRK.
(

Wright,

ConkJin

Jarvis,

INVKS'IMKNT and VIBUINIA 8KCURIT1B8 a
specialty.

&

Co.,

Co.,

BANKERS AND BROKERS,

Curds

Coiiimcreiitl

'Weslern Bankers.

Bsiltimore Itankers.

Wilson, Colston

[Vol. XXXIII.

its Cliart

Premiums uilfeamfed 31 st December, IS 79
$144,765 10
Net premiums received dining
the yearendingSlstDec., 1880 1,041,762 63

42 North River.

Foul,,. I Mnrii n Street.
ttiis line avoid buth transit by Engand the discumtorts of crossinff the

er

premiums

Total

$1,186,527 78

Travelers by

MERCH.4NTS' NATIONAL BANK,
RICH.IIOND, VIRGINIA.
made on all Southern points on best
terms; prompt returns.
Collections

,

JOHN

^
o Morton,
..
Cash.

P.

BRANCH,

Krkd.

J. B.

President.

8<ott, V'.ce-Pres't.

k.

THOTiAs UltAXCU

CO.,
BANKERS AND COMMISSION MERCHANTS
RICHMOND, VIRGINIA,
Informaion on

all

clnsses of so'

especially Sta e Bonds,

respondenee

&,

them

Tax Coupons,

Securities
4c,
Cor.

Railway
Channel in h small
lish

";,

:

To Havre— First cabin. $100 and JSO
second
cabin, $60. SteHrnire fSJti, iucludintf wine, beddinK
and utensils. Return tickets at very reduced rates.
Checks drawn or, Credi. Lyonnais of Pans In
;

RnilVD,

STOCK AND BOND BROKERS.
AUGUSTA, GEORGIA.

'*'" "" '^'""'» "f Investment Securities
^..^Vt"."''
con -u'ssKin. Information furnished.
?>i5io?.'""T*'"
Order, an C'rres,.onilenee solicited
i

WILLIAMH, JNO. W.MILLKI,
OHAS. B. MILLEU.

TU<<I). r..Uli.L«.l>.

H. u.

Thos. P. Miller

&

Co.,

BANKERS,

mOBILB, ALABARIA.

FOR MARSEILLES,
Touching at Cadiz, .ibraltah & Barcelona.
The followinKsteai.i rs will leave New York direct
or Cad z, Uibraltur, Barcelona and Marseilles, tak-

intr frettfht

anrl

hrouph

hills

Rank

of LiviTp.ol. Livarpool.

"""

of lading issu d to Mediterranean
Ports, Including Ba'cel'»na, Algeria. Tunis, Genoa,
LeKhorn. N.iple.-*. M-^^ssina; atso, for Trieste and
'I

(

Co.,

N. H.— No ireiKh' ta' e for Gibraltar.
On and after S'upu 2^ the st amers leavins New
York on tiie if2dof e; ch m nth will touch at Lisbon.
LOUIS i)E BEBIAN, Atrent,
No. H Bowlinff Green.

National Bank of
KF2h''»*''°^'"*-"'T*"~B0"'<"''
North Ameilca; Aew Vork. American
ExchanoZ

S

',

18K0.

$93,279
1
260,03
78,142
350,029

United States stock
Stocks of Corporations

Total

'

63
25
00
19

386,597 78
14,532 58

inierest

amount

$1,202,612 •M

of assets

TLe Board of Trustees have this day
Re8')tp€ii, That six jier cent interest on the
bo paid to the

Oiitstuiidirig Cerliflcar<"s of Prolit

hiplders tlieroof, or their legal representatives,

a;t«r 1st

By

C^oiiimeroial CardK.

BrinckerhoiT,

Maicb

iiext.

order of the Board,

CHARLES IKVING, Secretttry.

Turner

Co.,

COTTON SAILDUCK

960,000

Municipal Bonds and MortRitro Loans Negotlnted
Eight per cent K..rm Mongagos h sneUa
»'
tJKNKSAI, BANKl.NG BUSINESS TRTNiiItv'^rED
p'»e'^llon» and correspondence receive
prompt ut.!

Kn •^.'S'^r^^^^^SZ'

31st Decembf

Cashin banks

onstantinuple.

&

BANKERS,

T.iPKKA, KAIMSAN.

$249,915 99

ASSETS

Jt'.Miiiyer!*:

Manufacturers and Dealers In

C»»>«»>

$614,846 94

Re-insmanee and return premiums

Nftw

'

&

$1,032,010 05

R<-al estate
CALDKRA. DeBevil e
Gent. 14
FERDINAND DE LiiSSEP^. Btique ne
Sept. Ji8
Subscription notes, bills receivKATK^ OF PA8^A..E;
able and uncollected premiums
For Cadiz aTid Gihr ItT-F rst cabin
$75 and *90
For Barcelona & M rsuiile^— First cabin. $»Oai.d$l(X) Suspense aecouiit and aiMirued
Sieetatfc
^ta

Western Rankers.

A. Prescott

. .

Losses and expenses

on or

Bpeolal attention oald toonllecrinns. <r<th oromM
remittances at current ratea or exchange on aav o!
' "
payment.

Corrtapf^Qdf^nts.—Qerman-American

Earned premiums of the year.

••mounts to suit.

solicited.

H 4 KRIS &

bt)at.

FRANCK. Trudelle
Wed.. Au?. 51. 10 A.M.
CvNADA.Frang ul
Wed.. Sept.
4 P. M.
ST. G^RM/M^, Lelajdftine.Ued.. i-ept, 14, 10 A.M.
PKlCM UV FAiribAijil];, (tncludin)^ wintj,

S

And

HcniyDoB. liouth,
E. H. K. Lyman,
Henry K. Kunbardt,
IIu,!ii

L

klnis of

Also, Agents

UNITED STATES BUNTING COMPANY.
A full »nppl7,»ll Widths and Colors, always In stock.
109 OUAue

!»ueet.

(

Alex. M. Lawrence,

Auchiiicloss,

Ji.lin 1>.
Ch .lies

Dx,

MuiiKinger,

Walter v\ atson,
Ernesto G. Fabbri,

.wrcnce Wells,
William I'ol'.lmaiin,

Henry K. Spra^nie,
.Icbn Welsti, Jr.,

»MnciK G. Brown,

Lewl« Mnrils,
Chus. F. Zinimertnann

Alex'r llumllion,
all

COTTON CANVAS, FKLTINO DUCK, CAR
COVBBIN ), BAGGI.NQ, RA VKNS DUCK, SAli,
TWl.NBS, *C., " ONTARIO " SKAMLK88
BAGS, •AWNING STRIPES."

tto,

TR»STEE8
George M^sle,

C«iistaiiLln Meiu'las,
Curl L. R okiiagel,

Theodore
C.

i

.

Fachiri,
F. Roi.e,

Carl Vleujr,

Wm.

Riiiijsay ^.rooks,
Artli ur B. Graves,

Gust-tv Sciiwab,

H. L.

Francis B. Arnold,

Cliajt.

RenlMitd,
.

8.

George

•O'otKeS. S

WlJson,

U

Morgan,

oit.

E1TOENE PUIILH,

Presideat.

ALEUBO OGUEN,

Vice-President.

ClIARLiM IRVING.

Secretary.

ANTOM HETZ, Aw't i^ccrctarrr
i
>;.

i

August

THE

97, 1881.J

CHRONlCLl!!.

tfi

Commercial Card*.

Inaumnco.

Cotton.
cnji.

Whiting Paper Co.,

OFFICE OF THE

IIOLIOKK, MASS.

COMMISSION MERCHANTS
No.

PEtRL NTRUBT,

135

Hand Papers.

NKW YORK,
Tho Trustees,

January 25, 1881.

Jno. C.

AND
18 William Street, New York.
INVEISTMBNT 8ECURITIK8 BOUGHT
SOLD FOR A CuHMIKBION.

KOl'ES for Mining purposes manufactured to or-

JOHN W. MASON &

CO.,

$2,071,238 98

Returns of Premiunia and expenses

Tbe Company has the folloviug assets, viz.:
United States aud State of New
York Stock, aty. Bank and
otberStocks
$8,983,558 00
I/oans tecured by Stocks and
otlierwiee...
1,187,900 00
,
Real Kstate and Claims duo the
Conipauy, e.-itlmated at
470,000 00
Premium Notes aud .Bills Receivable
1,628,921 34
Casblu Bank
337,977 37

Amount

$12,608,336 71

UTUALLIF

Ordera for Spot Cotton and Futures promptly ezt

THE OUTSTANDING CERTIFICATES

is

order of the Board,

'1'

XO

N

Sou. 16

&

18 Ezclianse Place,

NEW

POST BUILDI>Q,

MJISSm OVERS 8a000,00(

Co.,

COMMISSION MERCHANTS,

01

•

YORR.

Special attention given to the Purchase and Sale
al Cuutracta for future delivery of Cotton.

&

Geo. Copeland

Co.,

COTTOS BROKERS,
136 PKARL. NTKEE'I'.

^M Wtm,

the issue of 1876 will be redeemed and paid to
the holders ther«of, or their legal represeotatives, on and after Tuesday, the First of February next, from which date all Interest thereon
will cease. The cortilloates to be produced at
the time of payment and canceled.

A DIVIDEND OF FORTY PER CENT

O O

F.S.WINSTON, PRESIDENT

AND ENDOWMENT

&

P. Billups

J.

SSUES EVERr APPROVED DESCRIPTIONO
:iFE
POLICIE,

of

declared ou the net earned premiums of the
Company, for tbe year ending Slst December,
1880. for which eertitlcatcs will be issued on
and after Tuesday, tho Third of May next.

•

en ted

PlHECOMl
OF NEW YORK,
)NTERMS AS FAVORABLE AS THOSE
ANir OTHER COMPANY.
ORGANIZED APRIL. \Z\<* 1842.

Co.,

C;OTTON BROKKR8,
117 Pearl iitreet. New York.

8TX PER CENT INTEREST ou the outstandccrtUloatcs of profits will be paid to the holders
thereof, or their legal represcutatlves, on and
aftor Tdesday, tho First of February next.

By

&

Dennis Perkins
$873,113 96

'

COTTON BROKER AND AGENT,
RUE DE LA BOURSE, HAVRE.

38

43 Bruadiirair, Nevr Vorh.

AND

Hoffmann,

F.

PLAT 8TKKL AND IRON

same

Co.,
CO.)

COTTON COMMISSION MERCHANTS

Inclined Planes, Transmls,8lon of Power, Ao. Also.
[OnlTHnlzed t'hflroofll and
IIB for Ships' UUtKiriK.SusIK'iislon
BrtdKos, I>errtck
(Juys, Ferry Itopen, Ac. A
iirKO .stock con.Hlaluly <.n
hand from which any desired
lengths
are cut-

$4,141,097 80
tile

&

WATERS A

BANKERS

rler.

Uksses paid dnriDK
IKiioa

Graham

(Saeoeaaora to K. M.

STKEL AND CHARCOAL
IKON of superior quality
suitable for MINING AND
HOISTING PURP0SK8,

Premiums marked off from Ist
Jauuui^-, ISSCto 3l8t December, 1880..„....».

LIBBRAL AUVANCBri MADB.
gpeclal attention idven to ordon forthe porebasa
and sale of Contmoti for Future Delivery of Cotton.

Wire Rope.

$5,728,622 27

....

tork.

Receive Consl|inn]«Dt«nf Cotton and other prodacf

JAinES D.
dc CO.,
46 BKKKMAN STHKUT, NKW TOaK.

conformity to tUe Charter of
the Coinpuiiy, submit tlio followlug Statement
o(.its ntliilra on tlio 3l8t December, 1880:
Prciiiiiinis ou Murluo Risks fram
Ist Juuuary, 1880, to 31st »o$-1,232,073 04
cembcr. 1880.....
Premiums ou Policies not marlied
off 1st Jauuary, 1880
1,495,947 23
Total Marine Premiums

ri'eMT

AOKNT8
WHITIHORB

In

Co.,

«;«TTOM

Lcilicrr and Record Paper*.
machine llaud-.llade Papers*
Antique Parchment Paper*.
Plated Papem.

Mutual Insurance Co.,

BABBBTT.

R.

&

C. F. Hohorst

Bankem*

AT L ANTIC

JOHN

>0Boit«T,

p.

OOLD MUDAZ.,

B.F.BABCOCK&CO.
COMMISSION MERCHANTS,
17 Water Street, LIVEKPOOE.,
Receive conHlgnnienta of Cotton and other Produce,
and execute orders at the Kxchuni^es In Liverpool.
Represented In New York at the otllce of

PABIS, 1878.

Bis CtltbraUa ffumbert,

<

303-404- 1
«

NEW VORH.

BABCOCK BKOTHKKS A
50 WiU. STEiKT.

70-36 -332,
I

and Ait other atyles may be had of all deat^\

tX>..

throughout the world,

^

Joseph Gillott

k Sons,

Geo.H.McFadden & Bro

New Tork*

COTTON JPACTORSt
-W. HARTBR, ATTORNEY.Oanton.
HENRY
Ohio, conducts
classes of cases against indivAND
COMMISSION
MERCHANTS
iduals, railroads and other corporations
both State
all

in

J.

H.

CHAPMAN,

SecrewiT.

and U. 8. Courts. Kefers to CAuItman, Canton O.
Isaac Harter & Sons. Canton, O.: Kountze Bros
New York: ICx-Chlef Justice Airnew. Beaver, ra

121 Cheatnnt

TKDSTEEBi
D. Jones,
Charles Dennis,
W. H. H. Moore,

Lewis

Curtis,

Charles H. Russell,

James Low,
David Lane,
Gordon W. Burnham,

.

JOHN
Corllea,

John Elliott,
Alexander V. Blake,

Robert L. Stuart,

Wm.

James G. De Forest,
Samuel Willetts,

Stnrgis,

Adolph Lemoyne,
Benjamin H. Field,
Joalah O. Low
William E. Dodge,
Royal Phelps,

Thomas

F. Youngs,

C. A. Hand,
John D. Howlett,
William H. Webb,

Obarloa P. Burdett,
J.

PlTRCaASZ ONL7 OM OkdcbS, roB

Bobi. B. Mlntum,
Charles H. Marshall,
George W. Lane,
Edwin D. Morgan,

iu A. Raven^

Parisot

as

Orders In

**

No

Vloe-Presldent,

.

iToik

Houu.

I<.

Leman,

COTTON BROKER,
160 SECOND STREET,
inACON, GEORGIA.

Entire attention paid to purchaj^eand shiimont •
Cotton on order for Spinners and l^Uporlera.
Beat of referencea furolahed. CorreapDnitene*

COTTON BROKER,

Henry Uentx A Co., Commlsaloo Merchant! Neir
York; WlUlan^ B. UaoaA Co., Froprlewrs Covioa
OLu. A>u tukUiiSLkj. Cbsohiols, lad other Ken

4ce.

Fntares" executed at N.Y.Cotton Exeb.

A.

Felix Alexander,

COKRBaPONDKNOB SOLXOITSD.
References:— ^at1onal Bank of Augusta, Georgia

Co.,

ST04IKS,
BONDS,
WILLIAM STREET, NEW YORK.

a oUclteJ.

'

John F. Wheless

Entire attention given to purchase of COTTON
ORDER for BPINMUUS and BXPOKTEKS

W. H. r, MOORE, 2d Vioo-Prosiaeut.
Vloe-PiMktoa;.

Campbell,

AUGUSTA, GEORGIA.

Henry Collins,
JolmL. Rlker.

6c

COTTON,

Orders to Purchase Cotton in ocrfoiarket soMc ted
Refer to Measr*
* VTILiaiAN
New rork.

Wm.

COTTON BROKERS,
BEAVER STREET, NEW YORK.

H. Tileston

A COHMISSIDK

TIOKSBVRG, miss.

William Degroot,

BAyKN, 3d

&

£3

Cotton Factor*,

Horace K. Thiu-ber,

D. JONES, President.

A. A.

CO.,

WOOUWARU

Charles D. Leverloh,
W'Uiam Bryoe,
\rilliam H. Fogg,
Peter V. King,
Thomas B. Coddingtni

CHARLES DENNIS.

&,

COTTON BUYERS,
niONTGOMERY, ALA.

Horace Gray,

Edmund W.

H. CLISBY

Pblladelpbla.

WALTER & KROHN,

Cotton.

J.

St.,

.

&

Co.,

COTTON

ooninissioN iherchants.
HASHVILLB. TBNNK38KB.
Special attention given to Spinners* orden.

Co"*
solicited.
,^oh'jio
HapicRKiicKs.— Third and Fourth NaUoni^Bxeli'ffa
and froprlelora of laa Ciuohiulb.

.poHdence

Stillman,

©ENEBALCOMMISSIONMERCHANTS
MAN8 MADB ON ACCKFTABtB

S^
fj?^purcl.a.e
W

SDMMARY OF ASSETS

.

HABWELL. CHAB. W.
W.C.WATTB.^A
r WATTS DATIDgj^pQHTBK,
Special.

HYMANS

WATTf

&

36 STONE 8TKEET,

6S

Vorlt.
t

Schroeder,

16

E.

H. W.

it

li.

s

Newgass A Co.
_^

S.

Box

Special personal attention to the purchase

ale

'•
•

and

ONTKAOTS FOR FUTURE bKLIVERY "

COHH

:

Galreston, Tcxitf

&

Co.,

ulVERPOOL, LONDON

Messr*. F1NL,AV,

MUIR A

CO.,

CALCUTTA AND BOMBAY.
DELIVERY COT.
CONTRACTS FOB KUTUBB_
sold on commission In New York
TON bought and
also at New Orleans through Messrs.

D.MorKMi A Co
SOLON HTJMPIlHKYS, Ch'r'n.(B.
& Co.)
DAVID DOWS, Esq. (David Dows
Co.)
Morgan*
E P KABBKl, Esq. (Ureiel,
CHITTENDEN.
8.
B.
Hon.'
KZRA WHITE, Eeq.

CHAS. E. WHITE, SAM. P. BLAGDENi
MANAGERS,
OfHce 64 Wll Uam St..

Kew

Iforte.

Cyomfuerctal

Union
(fiF

&

YORK.

PEARL STREET, NEW YORK.

Hughes, Carter

&

Co.,

liONDON, OONN.,
Gins, Gin Feeders and

Condensers.

COTTON GINS FOB EXPORT.

PELL,
Resident Manager,

Sr

&

89 Wall

&

Street.
EITREKA"
Oriikt."

Orient, L. I., and
BICHMOU;), VA.

Works at

The Atlantic
WlSf.
~

LyO.

LONDOS),

Tainter,

'•Future " orders executed at N. Y. Cotton Ezch'ie

Brown Cotton
OB-

Ins.

ALFRED

and LiveTTKjol;
Samuel U. Buck a Co.

NEW

.

FUTURE CONTEACTS.

United Stales Board of Management,

AND GLASGOW.

Also execute orders for Merchandise through

MAITOrAOTUBERB OF THC CELEBRATED

Aoieilci

Kansas City, liFOB

Mercantile Ins. Co.
OF
LONDON AND EDINBIIROH.

SonA ^rtUIam St., New York.
Advances made on Consignments to
Measrs. JAMBS FINI-AY A: CO.,

TUE BROWN
Cotton Gin Company,

i

Ban«

TorU.

Mohr, Hanemann& Co.,

Naiionul link iTiaMUl attention Riven to the ezeentloa of
Preston, Keai. A v
_

British

NEW TORK

COTTON BUYERS.
MERIDIAN.
MO BILE. ALA.

NEW
Bj

Co.,

of contract.
WilMohb. H. w.Hanucank. Climxns Fisohik

COTTON BROKERS,
aV ISS PBARI. STREET,
North

&

New

Henry Hentz

97

Street,

Advanca made on Consignment..

York,

Agent.

&

GENERA I, COTTON MERCHANTS,

New York.

8,SN.

Jemison

Waldron

MERCHANTS,
AXD

O

NEW YORK

8

riNANCIAl. AGENTS
r.

New

AL EXANPER,

North

COMMISSION MERCHANTS,

Farley,
J.
COTTON FACTORS

183 Pearl

»2,7a9,aTl 9S
St.,

GENERAL

H.

COMMISSION

JAS. A.

Place,

18 Exchange

XeODY ft JEMISON,

Bon..

&

NET SURPLUS
No. 2 Cortlandt

J.J. ASTOtt, Esq.

to ns, or to our corre-

In Liverpool, Messrs.

Sc

No. 10 Old Slip,

Orden exeeated at the otton Eichtages In Ken
Torkand Live) pool and sdvaace. made on Cotton

yoBdenu

Gwynn & Co.

1,694,801 80
3,000,000 00

Capital

COTTON COMMISSION MERCHANTS

DUBB ft Co

Yorfe.

and Mesara. L. Rosenheim

$7,424,073 73

1, 1881
unpaid losses
and re-insurance ^lnd

AND

EXCHANGE PLACE,

and otber produce coniirned

Company

Liabilities for

.

BANKERS

COMMISSION MERCHANTS,

New

»e,8«6,029 31

CHAS. J. MARTIN, Prealdemt.
J. H. TVASHBCRN, Secretary.

Assets January

Order, executed at CotNew Orleans and Liverpool

li

LEHMAN BRO'S,
Cotton AND Factor
40

IJ
*"

143.|5« l»

OF HARTFORD.

NEW

POBT BCimiXO.

Montgomery, Ala.

Kew Orleans, La.

.^.^
''^•'"°

Insurance

JOHNSTON.

COMMISSION MERCHANTS

Tontine Building) 1340.
LKHJiAH,

^

,„„ 00
1,805,600

In h'nda of agt..

AND

^

A Co.,

qq
uo
00
50
00

iETNA

COTTON FACTORS

Tames F.Wenman & Co.,

COTTON BROKKH&,
H*. 146 Pearl Street, near IV^all, N.

m N.T

Fielding,

#*ipi— ents.

(in

Total

Johnston,

STONE STKBBT,

o?Scya"gg.

of onl«r»
Byeclal attention paid to the execution
for future defor the purchase or ule of contract,
ooi Utmt of cotton. Liberal advances made on

^MAJI, AXSABAJI

8.

.

Real estate..

r.^n>iirnments solicited

COTTON COMMISSION MERCHANTS,
111 Pearl Street, New ITorU.

Established

&

Pool

FCTCKB COSTBACTS A SFECIALTT.
GILLIAT 8CHB0IDBK.
HKS«T H. WAKI.

&

Premiums uncoU'ct'd &

COTTON COMMIsdoN MERCHANTS,
YORK.

COTTON BROKERS,

Ware

BABTIETT

"HIRAM pool.

Co.,

.

Loans on stocks, payable or demand
(market value of collater'l8,t2.45»,731)
interest due on iKtJulTlSHl... .....

execution of order,
Special attention Klven to the
contracts lor rui,ui«
for the purchase or sale oi
delivery.

W. C. WATTS & CO.,
BBOW M'8 BUILDINQ. LIYE BPOOL^

.

State
sale

PEABIi STREET,
NEW TORK.

lai

order, for

New

.

Foulke,
COSmiSSION MERCHANTS.

etc.
tn Liverpool for future delivery,

Street,

flrst lien 0° ,_,,.„
15,55B
real estate (worth f 3,680 550) ........ J.
«.029.100
United States Btocks (market value)
635,617
value)
Bank & RB. stocks & bds.(market
and municipal b'ds (market value) 192,760

&

Bennet

a

H». 110 Pearl

and

••

CashinBanks
Bonds and mortgages, being

Co.,

purchase
Special attention given to the
of contracts for future delivery.

make adyance. on ColWatts, Hagwell 4 Co. will
to them, or to W.
ton and other Produce eon.Ktned
the eieWatU & Co. Special attention given toof Cotton
the purchase or sale

&

Sent

COTTON COMMISSION MERCHANTS,
97 Pearl St., New York.

NEW YORK,

Geo. Brennecke

PAYIn the United States, available for the
of losses by "RB""'' 'or the prot«c
tion of Policy-Uolder. of FIBB INSURANCE
»15»,i*77 l»

Held

DANCY,

Hyman &

Co., Dancy,

COTTON FACTORS
MEHCHANTS,
COMMISSION
AKS

snUon of

&,

Norfolk. Va.

^

Watts, Haswell

I

$6,866,029 32

Cash Assets

.r

.l«H »»irT of cotton.

Seml-annnal Statement,

BHOWINO THE
ON THE FIRST
CONDITION OF THE COMPANY
DAY Or JUIji* looi.
00
.........-$3,000,000
CASH CAPITAL.....
Reserve for Unearned Premiums l.«96,678 00
Reserve for Unpaid Losses
SI?'!;, 03
1,758,627 «,
Net Surplus

York.

SOUTHERN SECURITIES.

adyances made on ConsiKDmenU.
execution of orders
attention paid to the
future
.ale of contract, for

BROADWAY.

OFFICE, 119
Flfty-Slxtli

LOANS MADE ON

SBCl'BITY.

UMnil

New

101 Pearl Street,

NEW YORK,

OF

Cotton Eicliange Building,

TOKK.

Company

insurance

COTTON
COMMISSION MERCHANTS,

[REAR or CUSTOM HOCBE].

NEW

HOME

INMAN,SWANN&Co

POST BUILDING.'
Beaver St..
K«h.nge Place. Hanover &

IB

27, 1881,

Insurance.

Woodward &
cm,

lADQCBT

THE CHRONICLE.

Tin

Virgmia

FertUiziog^ ?^*-R'

OFFER THIHR- STANwAJlD

BbXNM

AMMOKIATED BONE 8DFERW10SPBATE OF
AND

Um

"ORIENT COMPLETE MANURE,"
*o"t?o"„?",:iS.^c?sf.7ar'a"5dTu"cV".rrwisr,i's;:
Ap-JlT (with ref erencel to

W.

G. CRENSHAW, Frea't,
OaiKSHAW WAREHOUSE,
RlGluuond, Va.