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xmm
HUNT'S MERCHANTS* MAGAZINE.
i
REPRESENTING T^HE COMMERCIAL AND INDUSTRIAL INTERESTS OF THE UNITED STATES
VOL.
NEW
31.
YORK, AUGUST
Financial.
Financial.
PHKLPS,
JAllES STOKES,
Co.,
N.
OLCOTT,
F. p.
45
&.
4T Wall Street,
New
Yorfc.
COMMERCIAI. CREDITS,
InDoUnrs for use
in
United States, Cuba, ic,
Q Pounds Sterling, available In any part of the worldAlso, TRAVELERS' CREDITS and
CIRCULAR NOTES.
JoHx
Anversoise,
Paid-up Capital,
- •
9,000,000 Francs.
BOARD OF DIRECTORS
Fbliz Gbisak,
President.
ALFKED Ma<jcinat (Graff* MaqolaayV "Ice-Pres
J. B. Von dkb Bkokk (B. Von der Becke).
Otto Gtjntukr (Cornellle-Davld).
Ehilk dk
til
ttal.
Cle.)
BUSINESS.
ASA
Eddt
POTTER. Prest.
...... $400,000
SURPLUS,
400,000
business
Collections promptly attended to.
Correspondents cnrefuJIv represented at Auctions
and Private Sales. Bonds of good but not wellknown railroads always wanted for investments at
the best rates. Orders on margins not entertained.
Max E. Saxd. John Sickels.
EDWARD A. Petit. Member N. Y. Stuck Exch.
Thko. v. Sand.
Business from Banks
paper
discounted.
L.
Jtt.
H. Taylor
Ll.N-DLEV
&
Cor-
HAIXE3
COMMERCIAL PAPER NEGOTIATED.
SOUTH THIRD STREET,
PHILADELPHIA.
Kountze Brothers,
Deposits received subject to check at slKht, aad
interest allowed on d;tily balances.
Stocks, Bondtt. &c., bouKht and sold on commission
In Phfladelphiii and other cities.
Particular attention Ktven to information regard-
ng Investment
BANKERS,
120 Broadway (Equitable Bnildlns),
Securities.
NEW YORK.
Coleman Benedict & Co.
LETTERS OP CREDIT
STOCK AND BOND BROKERS,
24 QROAD ST., NEW YORK.
AND
CIRCULAR NOTES
Stocks, Railroad Bonds. Governments, and all Seenrities dealt In at the New York Stock Exchange
bouKlitand sold for investment or carried on mar-
on commission.
Coleman Bexedict, \ Members N. T. Stock Ezch.
JAS. MCOOVEBN.Jtt.,
irtn,
strictly
R.T.Wilson
&
Co.,
BANKERS AND COMMISSION MERCHANTS,
% SxcI&anKe Court, Pi »w YorJk.
Co.,
COMMISSION.
Co.,
Bankers and Brokers,
140
&
BANKERS AND BROKERS,
54 Wall Street, New York.
STOCKS AND BONDS BOUGHT AND 80I.D ON
respondence invited.
LKWI3 H. TAYLoa,
PHILADELPHIA.
Sand Brothers
i
all
York.
Securities dealt
Exchanges of New Vork, Boston,
Philadelphia and San Francisco.
ALSO, future options in Grain and PrOTlslons at
Produce Exchanges of New Vork and CblcaKO.
ALLOW interest upon deposits subject to check
at si^ht.
RECEIVE accounts of Banks, Merchants and
others upon favorable terms.
Wood &
Issued for the use of travelers in
all parts of the world.
Bills drawn on the Union Bank of London
Telegraphic transfers made to London and to
various places in the United States.
Deposits received subject to check at sight, and Interest allowed on balances.
Government and other bonds and InvestmentZsocurltles bought and sold on commission.
Davis,
BANKERS AND BROKERS,
31 Pine Street,
New
York,
GOVERNMENT BONDS. MUNICIPAL AND
RAILROAn SECURITIES BOUGHT AND
SOLD ON COMMISSION.
CHOICE RAILROAD MORTGAGE BONDS
FOR SALE.
C. D.
Wood.
Sam'l D. Davis.
John
Geouge Stake.
George Stark
No. 42
Buy and
sell
&
BAKKERS,
BROADWAY, NEW
r.
Stark.
Co.,
YORK.
Investment Securities for cash or on
commission. A specialty made of Western Farm
Mortgages bearing from 7 to 10 per cent Interest.
Will undertake the negotiation of loans upon
Western City property in large or small amounts.
FRED. A. BROWK.
W.4L8TON H. SHOWN.
Walston H.Brown & Bro.
BANKERS,
New
curities.
solicited.
SatHfiictory
and
Government. State, Municipal and Railway Bonds
and Stocks bought and sold at all th^ E cchanges.
Investments prudently made In sound railway se-
BOSTON,
COLLECTIONS a specialty.
Hercliant!>,
WILLIAM STREET,
A. P. Turner & Co.,
BANKERS,
Cashier.
CAPITA!/,
Co.,
the Constructh)n
i\ll business relating to
Equipment of Railroads unjiertaken.
Maverick National Bank,
and Bankers
63
&
BANKERS,
Wall Street, New
In at the Stock
Keiv York.
BUY AN D SELL
nAILROAD mrESTMEXT SECURITIES
Collect CotTPOxs axd Dividends;
NEGOTIATE LOANS AND DRAW BILLS OF
EXCHANGE ON LONDON.
A
J. J.
No. 34
York,
& Smith,
Robeson
BUY and sell on Commission
Kexnedt Tod.
Kennedy
No. 307 Wnlnut Place,
TRANS ACTa
GENERAL BANKING
P.
J.
Bankers and
Fb. Dhani** (MIchlelB-Loos).
JoH. Dan. f cnBMANN, ,IR. <.Joh. Dan. Fnhrmann).
&
8.
J.
AD. FRiSK ( -"ranlt. Model & Cle.)
Are. NoTTKB >HM (Nottebohm Freres).
Ijovii Wkbbr (Ed. Weber & Cle.)
Jtnjis Kautrsstbacoh (0. Schmld
Kenxedv.
S.
No.
Antwerp.
Mills,
Co.,
Accounts and AKency of Banks, Corporations,
Qrms and isdiriduals received upon favorable terms.
Dividends and interest collected and remitted.
Act as agents for corporations in paying coupons
and dividends"; also as transfer agents.
Bonds, stocks and securities bought and sold on
commission.
Sound raflroad and municipal bonds negotiated.
Sterling exchange bought and sold. Drafts on
Union Bank of London.
Banque
Centrale
BANKERS,
WLUlatn Street, New
52
BANKERS,
Anson phki.ps stokes,
792.
Financial.
&
Jesup, Paton
&
Phelps, Stokes
I.
NO.
28, 1880.
11 Pine street.
York.
SPECIAL ATTENTION GIVEN TO THE NKOOTIATIO.S OF
RAILROAD SECURITIES.
EDWARD
ALBERT H. VEHNAM,
Member N. Y. Stock Exchange.
N. BOND.
Vernam & Company,
BANKERS AND BROKERS,
New
Street, New^ York.
Bonds and Governments Bought and Sold,
strictly on Commission, either for investment or
carried on margin.
No. 34
Stocks.
^^^
Gwynne & Day,
fEstabUshed 1854.]
No. 45 W^all Street,
Transact a general banking and brokerage boslness In Railway Shares and Bonds and Government
securities.
Interest allowed on deposits.
Investments carefully atten ded
to.
R. A. Lancaster & Co.,
BANKERS AND BROKERS,
66 BROADWAY, NEW YORK,
DEALERS IN
Pirat-Class luvestment SecnrttleB.
Bought and Bold on Commission.
souLER.y.^ECun'nEs^^^^PE,.Ai.ir.
ISTEESST ALLOWED ON DEPOSITS.
THE CHRONICLK
ForciKn Exchange.
Foreign Exchange.
&
Morgan
Drexel,
&
8TREBT,
WAI.I.
Urexel & Co.,
Me. M SoDTH Thibd
Drexel, Harjes
St.,
Boulevard BaaBsmano
SI
DOMESTIC AND FOEEIQN BANKERS.
Attobwets and Agbntb of
Sc CO.,
messrs. J. S.
MORGAN
OLD BROAD
Brown
ST.,
&
Co.,
OF HOLLAND,
NEW YORK.
ESTABLISED
18S4.
Pald-np Capital. 36,000,000 Fiorina.
($14,400,000, Gold.)
Execute orders for the purchase or sale of Mercbandisc. Bonds, Stacks, and other securities. In the
United States, Europe and tlie Kast make Collections
buy and sell Foreign Exchange, and give advances
upon Merchandise for Export.
;
Canadian Banks.
OLIVER
S. CARTER,
STANTON BLAKE.
HENRY E. HAWLEY',
Merchants' Bank
Nkw
OP
Office,
$5,500,000 Paid Up.
Capital,
President, the Hon.
BUY AND SELL
B1L,L,S
The Netiierland Trading Society
CANADA,
No. 69 AVAI.I. ST., N. V.,
Handel-Maatschappij,
Ezcbanse Place.
DKirrSCHK HAXK, Renin.
LONDON.
Brothers
St., cor.
SPECIAL PART!IER,
Deposits received snbject to Draft. Securities, Oold,
*c.,Doughtand8oldonConiinl8fllon. Interest alloweo
on Deposits. Foreign Kxcbange. Commercial Uredlla.
Circular Letters for Travelers,
Cable Transfers.
available In all parts of tbe world.
No. 22
Lichtenstein,
tt&Ke Telegraphic Money Transfers.
Draw Bills et Exchange and Irase Letten ol Credit
n all principal cities of Europe.
Pari*.
Pbiladelplila.
Nederlandsche
BANKERS,
& Co 29 friUlam
Ban iters.
Foreign
Co., iCnoblauch
COSNXB OP BROAD, NEW YORK.
XXXI.
[Vol.
OF EXCHANGE
JOHN HAMILTON.
JOHN MCLENNAN,
Vice-President,
ESQ.
Yobk, January
1,
AgenU
)
for
f
America
)
ia79.
142 Pearl Street
Neur York.
Nederlandsch Indischc
Handelsbank,
AMSTERDAM, HOLLAND.
HEAD OFFICE, MONTREAL.
IRELAND, FRANCE,
ESTABLISHED IN 1863.
ON GREAT BRITAIN AND AND
HOLLAND.
GERMANY, BELGIUM
GEORGE HAGUE, General Manager.
Pald-Up Capital, 12,000,000 Gnllder*
Issue Commercial and Travelers' Credits
($4,800,000 Gold.)
WM. J. INGRAM, Asst. General Manager.
IN SIERLIlfa,
HEAD
OFFICE IN AMSTERDAM.
BANKERS
AVAILABLE IN ANY PART OF THE WORLD.
Agencies
Qatavla, Soerabaya and Samarang.
LONDON, BNG.— The Clydesdale Banking Comp'y.
And In Francs, in Martinique and Guadaloupe.
B.
A.
Bank
of
York.
N.
The
New
Correspondents in Padang.
TELEGRAPHIC TRANSFERS NEW YORK—
iii
BIAKE
OF MONEY
Between this and other countries, through London
and Paris.
Make Collections of Drafts 'drawn abroad on all
points in the United States and Canada, and
of Drafts drawn in the United States
on Foreign Countries.
&
G.
S.
G. C. Ward,
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 bank in Canada. Demand Drafts
Issued payable in Scotland and Ireland, and every
description of foreign banking business undertaken.
Neiv York Agency, 48 Excliange-place.
HENRY HAGUE,
Agents.
JOHN B. HARRIS JR
AeSNTB FOB
BARING BROTHERS
Bank of Montreal.
COMPANY,
NEW YORK.
CAPITAL,
Sc
63 WALL STREET,
28 STATE STREET, BOSTON.
J.
& W. Seligman & Co.,
GEOKGE STEPHEN,
C. F.
BANKERS,
BXOBANGB PLACE,
69
$12,000,000, Gold.
6,000,900, Gold.
SURPLUS,
NEW YOSR OFFICE,
69 Sc 61 AVALL STREET.
Nos.
•*««>'»•
A. LANG,
Issue Letters of Credit for Travelers,
BLAKE BROTHERS &
14
CO.,
AGENTS FOR NORTH AMERICA,
WALL STREET, NEW YORK,
28 STATE STREET, BOSTON
Hong Kong &
Shanghai
BANKING COUPOKATION.
CAPITAL (paid-up)
|5,00O,0OO
RKSBBVE FUND
President.
SMITHEES, General Manager.
CORNER BROAD 8TRBKT, SKW TORK.
Issne commercial credits, make advances on shipments of staple merchandise, and transact othe»
business of a dnancial character in connection with
the trade with the Dutch East Indies.
HEAD
l,S00,00O
OFFICE,
BONO KONO.
The Corporation grant Drafts and negotiate or
Bombay, Calcutta, Singapore.
Manila, Hong Kong, Koochow, Amoy
Ningpo, Shanghai, Hankow, Yokohama, Hiogo, San
Francisco and London.
collect Bills puyableat
Saigon,
A. M. TOTVfSSEND, Agent, 59 Wall St.
i
Buy and sell Sterling Exchange, Francs and Cable
Transfers grant Commercial and Travelers' Credits
available In any part of the world Issue drafts on
and make collections in Clileago and tbrt^ughout
the Dominion of Canada.
California Bauiis.
;
Payable In any pax of Europe, Asia, Africa, AustrallB
And America.
Draw Bills of Exchange and make telegraphic tran^
fer> of money on Eurot>e and California.
&
John Munroe
No.
Co.,
;
London
PARIS.
CO.,
ic
BTERLENO CHEQUES AND BILLS AT SIXTY
DAYS' SIGHT ON
ALEXANDERS ic CO., LONDON.
NOTBS AND CbbDITS FOB TBAVBTJIBS.
J.
&
Stuart
&
Co.,
J.
33 NASSAU STREET.
BILLS OF EXCHANGE ON
SMITH, PAYNE
62 Wall Street
New York Agency,
Sarplns,
Bank
Invested In U. S. Bonds*
$3,500,000 Gold.
OF
British
North America,
No. 62
Buy and
CTBOtTLAR
Vo. 9 Blrcbln Lane.
OF SAN FRANCISCO.
AGENCY OF THE
No. 8 IVall Street, New York,
4 Post Office Square, Boston.
CHEQUES AND CABLE TRANSFERS ON
ntVNROE
Office,
The Nevada Bank
WALL STREET.
Sterling Exchange and Cable Transfers. Issue demand drafts on Scotland and Ireland,
also on Canada, British Columbia, Portland, Oregen,
sell
San Francisco and Chicago.
Bills collected and other banking business trans-
MCTAVISH, ( Agehts.
Aeents
W. LAWSON,
i
D. A.
acted.
^,
GEORGE
L.
BRANDEB,
Bankers, London, SMITH, PAYNE & SMITHS.
UNION BANK OF LONDON.
do
do
YORK, N. B. A.
do New York, BANK OF
do Ahebicam Exchange Nat. Bank.
do
NEW
SMITH'S, Imperial Bank of Canada
THE
Capital, $1,000,000.
aiANCHESTER ic COUNTY BANK,
Anglo-Californian
" LIMITED :"
H. S. HOWLAND, President D. R. WLLKIE, Cashier
&.
BANKERS, LONDON
;
;
HEAD
MANCHESTER, PAYABLE VS LONDON
ULSTER BANKINe COMPANY,
COLBORNE, ST. THOMAS,
INGKESOLL, WELLAND, DDNNVILLE, FERGUS.
ST. CATHARINES, PORT
ON THB
NATIONAL BANK OF SCOTLAND,
EDINBUKG, AND BRANCHES;
Dealers Hi American Currency and Sterling Exchange*
London
BosANqtTET, Salt & Co.,
93 Lombard street.
Agents
ALBO.
:;ABI,E
OFFICE, TORONTO.
Bbanohbs:
BELFAST, IRELAND
A]n>
TRANSFERS AND LETTERS OF CREDIT
In
:
I
Agents
In
New York:
Bank of Montbbal,
|
59
Wall
street.
Promptest attention paid to collections payable In
any part of Canada.
Aporoved Canadian business paper, payable In gold
or currency, discounted on reasonable terms, and
proceeds remitted to any part of the United States by
gold or currency draft on New York.
Forcisn Bankers.
New
No. 25 Pine Street,
York.
Purchase and sell, on Commission, GOVERNMENT,
STATE, MUNICIPAL and RAILROAD BOND^
and STOCKS, and ail claa.ies of Securities dealt in
at the
NEW YORK
ST()(;K
KXCJ1AN6B,
or
ail
and sold in the OPEN
COMMERCIAL PAPER
reputabitf Securities bouglit
MARKET.
LOANS
negotiated.
eheck.
Interest paid on
THOMAS
H.
and
WILLIAM
BOUDEN
B.
Agent.
Issues Commercial and Travelers' Credits available
in any part of the world. Draws Exchange, Forelg
and Inland, and makes Transfers of Money by Telegraph and Cable. Gives special attention to Gold
and Silver Bullion and Specie, and to California
Collections and Securities; and arranges to pay
Dividends on such securities at due dates.
DEPOSITS
subject to
Adolph Boissevain & Co,
BANKERS
ASD
COMMISSION MERCHANTS
AMSTERDAM, HOLLAND.
HATCH.
FRANK JENKINS
N. Y. Correspondeata.—Messrs.
BLAKE BROS, ft CO
Bank
(LIMITED).
LONDON, Head Office, 3 Angel Conrt.
SAN FRANCISCO Office, 42S California St
NETV YORK Agents, J. & W. SeU^man & Co.
BOSTON CorreBpond'ts, Miiesachusetts N. B'k.
Authorized Capital, •
Paid np and Reserve,
$6,000,000.
1,700,000.
Transact a general banking business. Issue Commercial credits and Bills of Exchange, available in
all parts of the world. Collections and orders fo»
Bonds, Stocks, etc., executed upon the most favorFRED'K F. LOW,
able terms.
i MRnairor.
P. N.
IGNATX STBINUART.}*""^"**"LILIENTUAL, Cashier.
Dodge, Potter
&
Co.,
BANKERS
AND
COTTON COMMISSION MERCHANTS,
34 PINE STREET,
NewIYork.
AoousT
THE CHRONICLE.
28, 1880. J
Bo§ton Bankers.
Oeo.Wm.Ballou&Co
Ftnanclal.
Financial.
BONDS OF SURETYSHIP
FIDELITY GUARANTEE BUNDS
ARK I88UBD BT THB
FIDELITY A CASUALTY C©.
For
and Employees of Bank
and Railways.
Officers
BANKERS,
14 Wall Street,
72 Devontiliire
NEW VORK.
St.,
Choice
No Bank orRailhoad Kmplovek Need auk
Kkibnds to Bkcome ok Continue His
8uketik8, a» tub
BOSTON.
DIPOBITS BECSiyiD AND IMTIBI8T AIXOWKD,
RAILROAD
Ill
hih
Canada Guarantee Co.
GRANTS BONDS OF SECURITY KOH ALL
ELIGIBLE MEN I.N SI'CH TOSITIONH AT A
and niVNICIPAL
TRIFLING CIIAU<;K I'KR ANNUM.
SECUKITIES For
GSO. WM. BALL0I7.
Sale.
Oko. H. Holt.
This company's Suntyshlp Is uccoptod by many
of the principal U. 8. UuMroud Companies and some
of tho Dnnks. In Caniidu Its Bonds are now almost
universally roquirod by the Governments, Banks,
OF
ndclltjr of persona hoMlnj po«lpocnniarT trust anil responsibility, tbu*
a CO RPoftATK OUAKA.-iTKK In Ifcu of
secirlnK
E?i.".'!f
t'
''"J""
&
Brewster, Basset
Co.,
BANKERS
OONORBS8 8TRBKT,
No. 35
Boston, raaas.
Owlen
Bonda, Oold aad
In Btocka.
Commerelai
paper.
Orders ezecated on Gommlaalon at Brokers
&nctlODS,and
Board
x*rlTate Sale.
31st Dec., 187S) over
Capital, were
Co.,
BANKERS
is
Company
of the
JOH.v M. (;kane Secretary.
J.
H. Peck,
F.
(See Report to
Government
&
No. 42 Rroad Street,
J^.
/?. tT.
(at
BUILDING,
>IininON8>
BROAD STREET, NEW YORK.
19
GAS STOCKS
&
Buy mnd Stlt #«
Stackpole,
DEVONSHIRE STREET,
BOSTON
Southern Bankers.
BANKJtBS
Co.,
VIRGINIA SECURITIES
and
Correspondence
solicited
and
alBhed.
N. i
.
Inforo-stlon
a
Jnr.
CoBssapoNDurrs— McKlm Brothers * Co,
B. B. Bbbbcsb, Pres't.
Taos.
p.
all
305
parte of the United Statef
MILLER, R.D.WILLIAMS, JNO.
CilAS. B. MILLER.
Thos. P. Miller
New
Tr.
&
MILLER
#ai
IjOVIS,
Iflo.
First-class Western InvcHtment Securities for
8t. Louis City and States of Missouri, Kansas,
Texas, Arkansas and Colorado Bonds a specially.
Full information given In reference to same on ar,llcatlon. Coupons and dividends collected.
Southern, Western, Northern and Eastern Railway
Bonds and Stocks; also, State, Municipal and alt
classes of reputable Investment securities, bought
and sold at best market rates. Investors and dealers
wishing to buy or sell are invited to communicate
with us. Loans negotiated for bankers and brokers.
CHARLES
Room
24.
B. OREi:i!Vi;,
BANKER AND BROKER.
30 Broad St., New York.
JVicl^erfcitt
S^
Co.
58 Broadway, cor. Exchange Place,
TRANSACT
A GENERAL BANKING BUSINESS,
Correspnndonts.— German-American Bnnk, New
York Louisiana National Bank, New Orhims Bank
INCLUDING THE PURCHASE AND SALE OF
of Liverpool, Liverpool.
STOCKS AND BONDS FOB CASH OR ON MARGIN. BUY AND SELL COMMERCIAL PAPER.
;
J
STATE BANK,
»
Incorporated l«i5.J
C.T. WAT.KXB
CashldrT^
German Bank,
LITTLE ROCK, ARK.
OAHTAL
(Paid-ik)
Sdbplcs
Prompt attention given
$75,000.
ai,ooo.
to all business In our line.
N. Y. CosKxspo!n>ENTS, Donnell. Lawaon
t lie Metropollta
atlonaj jtanJc
&
Co. and
PINE STREET,
NEW YORK.
(Member of N. Y. Stock Exchange.)
Negotiates Flrst-CIasa Railroad, 8tat«f
and Cttj lioans.
all
or on approved margin.
sells for cash,
Securities dealt In at the Stock Exchange.
A
choice line of investment Bonds always
on
hand.
Correspondence
solicited.
lYANTED
P. O.
D. A. BOODV.
:
County and Townsblp Bonda
OF THB STATES OF
niSSOlJRI,
KANSAS ana NEBRASKA
ALSO,
All Classes of Railroad Bosds.
tobey
kirk,
&
New
No. 4 Broad Street,
New
York,
ITork.
New England & Western
INVESTMENT
l3oodi|t
payment.
;
A. Moran,
sale.
Special attention paid to collections, wih prompt
remittances at current rates of exchange on day of
i ,
27
SxcHangn
Keleher&Co.,
BANKERS,
BANKERS,
^^''^J'^
President.
Daniel
Co.,
Cammixsiony /or CatA. m»
Co.,
mOBILE, ALABAIVA.
*'»*'•
SEE OAS QUOTATIONS IN THIS FAPSB.
York.
V. Y. Stoai
OLIVE STREET, ST.
A. K. Waikik, Cashlei
First National Bank,
WILmiNUTON, N. C.
OnUectloca made on
SECURITIES,
DEALT IN.
A SP£€IALT¥.
&
BALTIKiORE.
raVBSTMKNT
BROOKLYN
Cltr,
ANu BUOKKBS,
Ipeclaltv.
&
S/ocit, Bends, and all iHwuimtml
SteurUitt, in loll tt ntit.
P. F.
Wilson, Colston
Smith,
Buys and
BANKERS,
No. 68
&
Kimball
4 Exchange Cotrt,
MartiH,
Parker
AND
OAS SECURITIES,
BROAD STREET.
U ytart mtmttrthi/ in
BoHon, mass.
Dickiksok.
F.
N. ¥. Stock and Mining Exchanges.
Geo. H. Prentiss,
BANKERS and BROKERS
STOCK BROKERS,
Frank
WAIXHJTT,
C.
Members
BANKERS AND BROKERS,
No. 37
Curtis,
CO.,
EDWARD POMEROY, W.H. COX.JR., OSCAR B. SMITH BTEEET RAILROAD STOCKS AND BONDS
AND ALL KINDS OV
BOSTON.
Jackson
GO:
Transact a General Banklni; Business, buy and sell
on commission all securltleH dealt In at tho New
York. Philadelphia and Boston Stock BxchanKe*
either for cash or on margin.
Special attentloa
given to Mining Stacks.
HEAD OFFICE:
360 ft. James Street, Mnntreal.
EDWARD RAWLINGS, Manager.
EXCHANGE PLACE,
No. 7
l
A
BANKERS,
1476,466
to December 30th, 1878,
Just published.)
&c., may be had on applica-
Pomeroy, Cox
BANKER AND BROKER
II.
WALCOTT &
C.
Prospectus, For.ms,
IN OOVERNMRNT SECURITIES
County and Railroad Bonds.
B. Ilu
ICuribat
Geo. S. Coo, .1. S. T. Stranahan. Charles Dennis,
Wm.
M. Richards. UB. Claflln, John D. Mairs,,w™~i.».
Lymu
wl
BriKKs, 8. B. Chittenden.
1110,016
Resources
DEALERS
STAHK,(;i!neral Asent.
DlKErrOKS-Georiie T. Hop... a
Williams, W. O Low, A. S. llarm-s.
tion to the
State, City,
In
Full Information can be obtained at tbe
oIBm. 187
ijroadway.
WM. M. HicilARliH. Presidnnt.
LYUitN W. Bkigoh, Vice-President.
and above uncalled
And the Gross
STATE STREET, BOSTON.
40
required for tbs
Is
'""«• °' •"P'oree.
contest at law.
The Available Assets
&
Chas. A. Sweet
""
Edwahi)
the only
Company on the American Continent that has
successfully conducted this business,— a result of
which Is that It has been able to establish a Dotiim
system for those who have been 3 or more years on
the books, whereby tho subsequent premiums are
annually reduced.— (hf rMiictton this ytar it /ram 15
to ;»o per cent on thf, umuuI rate.
The advantaKos of transacting business with this
Company are that It Is a well-established Institution, and has amnio reserves, over and above its
capital, to provide a^ruinst exceptional reverses.
The most complete and reliable Information Is obtained as to the antrcr:trntii of Kraployees.and this Is
really of the first Importance to the Kmplover, as
also the system of periiKllcal supervision and revision of those on the C«»nipany's Books.
Over $100,000 have already been paid by this Company for h>sses by unfaithful employees, without a
sinf/le
InvestmeBt Securities conatantiv on hand.
"'""'' "ecurltr
In P«."!l£"s'o™r,?»?, "'
Hallways, and Coninierclal Institutions.
The Ca.vada Guahantek Company
XOHK,
A- Air
Guaran'ecInK Ihe
tlons of
Box
W
McLellan, Jr.
Reuden Lkulnd.
&
Co.,
PINE
ST.,
CAPITAL STOCK,
CO.,
NEW
$200,000
-
Offers to investors carefully-selected securities
beurinj; from 6 to 8 per cent Interest. Investment
securities bought and sold on commission. Settlements made for holders of defaulted securities.
Will act as agents in funding and reorganizing debts
of municipalities, railroad companies, and other
corporations.
John
C.
Correspondence
solicited.
Shout. President,
j.
V. Prcs. i«owlork.
LiH-ifs L. liiTHiiAitn. Aftst. Vlce-Pres.. Boston
Wm. p. WATSON, Sec. and Trsas..Chicago.
j
CKOllGEW. DKUKVOISE,
T-ork.
H. Smith,
BANKER AND BROKER,
No. 58
Hickling
33
Fred.
447.
C.
AND
YORK,
CONGRESS STREET, BOSTON,
UNION BUILDING, CHICAGO.
NOS. 31
No. 19
EXCHANGE PLACE, JJEW YORK.
RAILROAD SECURITIES
An intimate knowledge of
all
for the past 10 Tears
No. 40 Exebange Place, Neiv York.
A SPECIALTY.
Execute orders for stocks on small margin, and
purchase time options—$100, 100 shares, 1-16 commlssioD. Send for Financial Stoek Report
sell are
Investors or Dealers wishing to hay orpal
sad
State, Munlc
invited to communicate.
Railway Bends and Coupons bought »nd sold at l>«rt
Market Bates.
THE CHRONKJLE
FInaneial.
Financial.
XXiT
rVoL.
Financial.
SEVE.\ PER CENT
FOR S.4.LE
LI3IITED AinOUNT OF
A
FIRST
MORTGAGE SINKING FUND
c o in P A N If
ST. LOUIS & PACIFIC
W-\BASH
TIIIRTV-YE.4R
BONDS
Bonds.
Mortgage 6 Per Cent
RR.
Northern Pacific
Flrnt
:
RAILWAY COMPANY
PEyO D'OIiElLLE virisiox.
SIX FEB CENT GENERAE, IVORT820,000 PER MIIiE. STEEL, RAILS.
GAGE B(>ND«.
1020.
PRINCIPAL DUE JUNE
MORTGAGE COVERS ROAD AND LAND
and Dec.
Interest payable in New Y'ork June
GRANT OF 25,660 ACRES PER MILE.
Coin.
OF THE
&
Ohio
West Virginia
1,
ment of
Principal and Interest payable In U. S. Gold
Bonds can be registered at the office of the Company, 80 Broadway, New York.
TRUSTEES:
Trust Co., of New
York, and James
Cheney, of Indiana.
Interest,
The Central
interest.
Total bonded debt less than »7,OOO,0OO.
850 miles owned and operated.
Small amount remaining unsold offered at 05 and
interest, su'iject to advance without notice.
FOR FURTHER PARTICULARS APPLY AT
OFFICE OF TREASURER.
23 FIFTH AVE., NEWYOHK.
WANTED
96 Per Cent and Accmed
Price,
Subject to advance without notice.
Full particulars and circulars furnished on application.
JESVP, PATON & CO
Chicago City Bonds,
Cook County Bonds.
Chicago Gaslight & Coke Co. Stock.
DUE
IN 1907.
INTEREST:
cent for TWO YEARS.
Co. Stock.
FOUR
N. Chicago Rolling Mill Stock.
Elgin National Watch Co. Stock.
REED
REED.
J.
DEALERS
Detroit
B.
& Bay
IN
WANTED
:
i Grand Trunk Railroad Bonds.
X Pere Marquette Railroad Securities.
Joseph & Western Railroad Securities.
South Carolina Railroad Securities.
Wisconsin Central Kailroa<l Land Grant Bonds.
County, City and Town Bonds of Western States.
City of St. Joseph, Mo., 7 and 10 Per Cent Bonds.
Iowa Central Railroad Old Bonds.
Flint
F4tR 8AL.E:
&
RK. 1st Mort. Bonds.
Scioto Valley Railroad Bonds and Stock.
New Jersey Midland Railroad 1st Mortgage Bonds.
WW.
K.
Pacilic
UIXEV,
31 Fine
St.,
M.
»,
Albert E. Hachlield,
IT
BASEMENT,
Deal* In Investment Seenrltles and
Bonds
Geuerall}'.
IVANTED
.
:
Toledo Logansport & Burlin^.'ton Bonds.
Union & Logansport Bonds.
Rome Watertown & Ogdensburg Bonds.
Bonds.
Manhattan Beach Stock.
iHICAfiO
BURLINIJTON
Jt iJIJINCY
meeting of the
Board of Directors, held this day, it was voted to
make, out of the earnings of the three months
ending August 31, a Dividend of TWO DOLLARS
(?3) per share, payable September 15 to stockholders of record August 24, after which date the transfer books to remain closed until September 16.
(Signed),
J. N. A. GRISWOLD,
/
'•-'railroad COMPANY.-At
The net earnings are largely in excess of the accru ing interest.
We offer a limited amount of the above bonds
a
WALL
ST.,
REAR
Chairman of the Board.
&
We
are also prepared to buy at lOOJ^ and accrued
interest any of the bonds the holders of which
may desire to sell rather than extend.
DREXEL, MORGAN & CO
C.
J.
No.
7
1880.— This company will pay, September
1,
WALL STREET,
RAIL\l'A\'S,
NEW YORK.
BONDS, LANDS,
THREE
ADDRESS
§i<iiTH
& nxswnxji,
Indianapolis, Ind.
Street,
DIVIDEND No. 30.
The Excelsior Water and .Mining Companv-will
pay a Dividend of TWEXTY-FIVE CENTS~PBR
SHARE at the ofBce of WELLS. FARGO & CO.. (15
Oilman, Son
will
H. B. PARSONS,
62
Assistant Secretary.
rpHE FIRM OF DUN,
BARLOW &
CO.
*- having been dissolved by the death of Mr.
Charles Barlow, the business of the Mercantile
Agency, in the City of New York, will be continued
by the surviving partners, under the firm name of
Dun, Wiman & Co.
|
The branch ofiQces in the United States and
Europe will be continued under the style of R. G.
Dun & Co., and in Canada under style of Dun.
Wiraan & Co., as heretofore.
I
314 and
.SI8
4,
1»90.
Co.,
BANKERS,
CEDAR STREET.
In addition to a General Banking Business, buy
and
sell
Government Bonds and Investment Securi-
ties
ARTISTIC
CABINET, PIER
The Company has earned
FOR WOOD OR COAL.
75
PER
its
T. B. &TEAVART
& 77 WEBT TWENIY-THIBD
&
ST.,
]?IIL.i;.
interest for the last
four years and 50 per cent net per annum additional, and is now earning
ITS INTEREST over all operating expenses. In addition, the Company have a 40
per cent Trafflc Guarantee from the Wabash St,
NET DOUBLE THE
Louis & Pacific.
Only a limited amount remaining, the right
reserved to advance the price without notice.
is
CLARK, POST & MARTIN,
No. 34 Flue Street.
BONDS OF THE
Town
of Oran,
Illinois.
Holders of the bonds of said town, issued to the
Havana Mason City Lincoln & Eastern Railroad
Company, are notified that the people of said town
have authorized the offering cf a compromise and
settlement with the holders of said bonds, and to
this end have issued a new series of 7 per cent 5-20
years' Registered Funding Bonds, and have placed
the same with
The New York, New England & Western
IXVESTMEXT COMPANY,
Of Nos. 31 and 33 Pine Street, New Yorli. and No. 19
Congress Street, Boston, with authority tu make the
addresses.
be had on application to the
at either of the above
A. T. HAYS,
Supervisor of the Town of Oran,
BONDS OF THE
Town
of East Lincoln,
Holders of the bonds of the above-mentioned
town, issued to the Havana Mason City Lincoln &
Eastern Railroad Company, are notified that the
people of the town have authorized the oflTering of
a compromise and settlement with the holders of
said bonds, and to this end have issued a new series
of 7 per cent 5-20 years' Registered Funding Bonds,
and have placed the same with
IXVEST]flE\T COMPANY,
31 and 3.^ Pine Street, New York, and No. 19
Congress Street, Boston, with authority to make the
Of Nos.
settlement.
Particulars will be furnished on application to the
INVESTMENT COMPANY, at either of the above
ROBERT SCARTH,
addresses.
Supervisor of the Town of East Lincoln.
>VAXTEI>
WOOD MANTELS.
AH kinds of MISSOURI ajid
AND MANTEL MIRRORS. FAULTED
COUNTY BONDS.
OPEN FIRE FI.ACES
Broadway,
New York, August
&
1807.
The New York, New England & lYestern
York, August 25. 1880.
The Transfer Books
DUE
0\L.Y $4,000
ILLINOIS,
7 Per Cent Mortgages,
OF THE EXCELSIOR
OFFICE
WATER AND MIXING CO., No. 18 Wall
Broadway, on Sept. ti.
close on the 3!st inst.
FIRST inORTGAGE
SEVEN PER CENT BONDS,
&c.
1880, the
on its entire share capita!, being a DIVIof
(3) PKR CENT, to all shareholders registered as such at 2 P. .M. on the 13th
inst.. after which, and until the 4th September, the
transfer books will be closed.
L. V. F. RANDOLPH, Treasurer.
CITY".
RiNTOUL & EASTEEN
FOR CHOICE
3'
THIRTY-SIXTU SEMI-ANNUAL CASH DIVI-
C».,
INVESTMENT COMPANY,
stantly on hand.
YoUK, August
TTINSLOW, LANIER &
settlement.
Particulars can
chew,
Desirable Texas Securities for Investment con-
17, 1880.
^RAILROAD COMPANY, New
New
Erie
1880
This Company has made an arrangement with
Messrs. DllKXEL, MORtiAN & CO. to extend the
Fourth Mortgage Bonds issued by the New York &
Erie Railroad Company, maturing Oct. Ist next, the
forty years from that date, and
principal payable
the interest April 1st and (October 1st semi-ynnually,
at .5 per cent per annum, both in United States gold
of the present standard, weight and fineness.
The right to extend, as above, has been reserved
to such ot the present holders as may desire to
avail of it and shall deposit their bonds for that
purpose with Messrs. Drexel, Morgan & Co., prior to
the 15th of September next.
Such bonds as may not be extended by t he holders,
or be presented for that purpose by Messrs. Dre-xel,
Morgan & Co.. will be paid at maturity.
H. J. JEWETT, President,
rjFFICE OF THE ILLINOIS CENTRAL
DEND
DEND
NEW YORK
Western R. R. Co.
New York, June 25,
'
Boston, August
OFFICE,
New York Lake
Ofilce of the
TEXAS
opened a trunk line of 238 miles, across the State of
Ohio irom Toledo to the Ohio River, under the same
management and ownership.
Price 10*2 and interest, the right being reserved
to advance the same without notice.
AMOUNT OF
LEVY & BORG,
23 WALi Street, New York. June 25, 1880.
Referring to the above notice of the New York
Lake Erie & Western Railroad Company, we are
now ready to receive any of the New York & Erie
Railroad Fourth Mortgage Bonds £uv extension.
FOR SALE:
New York & Greenwood Lake
and
The entire line of road is located in the State of
Ohio, and extends from Logan, in the Hocking Valley, to tiallipolis and Pomeroy on the Ohio River, a
distance of about 65 miles.
The completion of this road to Gallipolis. as an
extension of and in connection with the
IS
m
NASSAU STREET,
Ist
and Interest.
NEW YORK
XOW OWNED BY THE
L. Iron Mount. & Southern RR. Co.
No. 8
May
of Mortgage, 12.600,000.
THIS HOAD
years.
St.
due 1910. Interest payable
1st in New York.
Registration of both principal and interest provided.
Bonds of $1,000 each, with annual Sinking Fund
redemption when purchasable at not exceeding 105
TWENTY-FIVE YEARS.
at 94 and accrued interest, at which price they
will net tlie purchaser 8 per («nt interest for 27
Chicago
November
Corner Nassau and Cedar Street*,
Length of Road, 135 miles.
St.
City Kuiliuad IJuntls.
Atchison Colorado
Amount
BREESE.
AND WESTERN INVESTMENTS,
DEFAULTED BONDS, &c.
LOCAI.
per
per cent for
EIGHT
&. CO.,
A. C.
No. 100 DEARBORN ST., CHICAGO,
C.
Little Rock.
RAILROAD COMPAlNT
Republic Iron Co. Stock.
A.
&
Principal
COLUMBUS & HOCKING VALLEY AND THE
COLUMBUS & TOLEDO RAILWAYS,
FIRST MORTGAGE BOXDI^,
Chamber of Commerce Stock.
Lake Superior Iron Co. Stock.
Champion Iron
,
52 IVIlliam Street.
Memphis
:
RAILROAD COMPANY.
1.
1
Interest payable March 1 and September 1
Trustee. Farmers' I.oan k Trust Company.
Entire earnings of the Company pledged to pay-
CO.,
NEW YOKK.
price paid for them.
address,
Give
:
ILLINOIS DEHighest market
acd
full desuriptiuu,
li, A. COQUARD,
BANKER AND BROKER,
12^ X. TUIra
street) St. Louis,
Mo,
xtmtlt
HUNTS MERCHANTS' MAGAZINB,
REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OF THE UNITED STATES.
[Entered, according to act of Congress, In the j-ear 1880, by
YOL.
Wm.
B.
Dana 4 Co.,
SATURDAY, AUGUST
31.
CONTENTS.
There
THE OHEONICLE.
Situation of the
Money Market 215
The New Truuli Line
West
End
In the office of the Librarian of Congress,
Cliicago
217
Southern Emigration and Prog-
217
ress
&
Northwestern Re-
218
Gambetta and the Question of
Reparaticin
219
Latest Monetary and CommerNews
220
cial EnKlish
Commercial and Miscellaneous
216
of the Southern Railroad
War
C.)
792.
however, just at present a very large balance
may be called for
any moment to send West or South to move the cropF.
held by our banks on deposit which
port
to the
is,
NO.
1880.
28,
Washington, D.
No
prudent
pass out of
officer
h'rs
can at a time like this let that capital
He is very glad to loan it from
reach.
day or on short time, and secure what return he
its use.
But be must keep it within sight, and
Quotations of Stocks and Bonds 226
Money Market, U. 8. Securities. Railway Stocks, Foreign
New York Local Securities
227 hence the rate he obtains for it is no more an indication
Investments, and State, City
Exchange, New York City
Bunks.etc
223
and Corporation Finances... 228 of the condition of the money market than are the loans
THE COMMERCIAL TIMES.
237 a broker makes over night when he has a balance left
Commercial Epitome
231 Dry Goods
News
I
222
THE BANKERS' GAZETTE.
day
to
can for
I
I
I
|
1
Imports, Receipts and Exports 238
231
236
Cotton
Bi-eadstufts
Ihz Clxrauiclc*
The Commercial and Fisancul Chronicle
day morning, with
(Entered at the Post
news up
the latest
to
is issued every Saturmidnight of Friday.
Xew York, N. Y., as second-class
mail matter.]
Office at
TERMS OF SUBSCRIPTiON-PAYABLE
IN
ADVANCE!
For One Year (including' postage)
For Six Mouths
do
A mmal
subscription iu
Sixmos.
do
$10
20.
6 10.
London (including postage)
do
*2
do
1
7s.
8s.
Subscriptions will be continued until ordered stopped by a wriilen
order, or at the publicnlion offlee. The Publishers caunot be responsible
for Remittances uuless made by Drafts or Post-OHlce Money Orders.
Adverllseinents.
Transient advertisements are published at 25 cents per line for each
Insertion, but when dettuite orders are given for Ave, or more, insertions,
a liberal discount is made. Special Notices in Banking and Financial
column 60 cents per line, each insertion.
I<ondon and Liverpool
Ofllces.
The otfU'e of the Ciiuonici.e in London is at No. 74 Old Broad Street,
and 111 Liverpool, at No. 5 IJiowu's BuiUlinir.s, where sul)scriptions and
advertisements will be taken at the regular rates, and single coiiies of
paper supplied
WILLIAM B. DANA,
tile
at Is. each.
WILLIAM
\
JOH.S o. FLOYI), JR. i
79
Sc
B.
81
DANA &
WUliam
00., PnbHshors,
Street,
NEW
Post Ofi-ice Box 4502.
A neat flle cover is furnished
YORK.
;
^F
1871. imiuire at the
These facts have an importance as showing the strength
and weakness of the present monetary situation.
In the
first place, there is an element of strength in the fact
that large borrowers have, to more than an ordinary
office.
—
—
to a condition of decided activity.
tion, therefore,
Just in this connec-
the arrivals of gold from Europe become
an influence of controlling importance.
No conservative
we think, would hesitate to say that our banks
are now too expanded, that is their time loans are excessive, were it not for this inflow of new capital.
Conseofficer,
quently ihe question as to the extent of these imports
has for a long time been, and
is
now being,
earnestly dis-
and very wide differences of opinion are expressed
an?ong those usually well-informed on the subject.
We think, however, the general disposition is at
present to enlarge the earlier estimates of our probable
gold receipts.
SITUATION OP THE
"We are asked
But
themselves against future wants.
extent, secured
on the other hand the foregoing statements make it evident that there is the possibility almost any week of this
floating balance, now loaning at 2 to 3 per cent, being
drawn down so low as to completely change the market
from apparent for it is only seemingly so stagnation
cussed,
at 50 cents postage on the same is
Volumes bound for subscribers at $1 20.
For a complete set of the Commekcial and Fin-ancial ChroviCLE— July, 1865. to date—or Hunt's Merchaxis' Maoazise, 1839 to
idt"
18 cents.
near 3 o'clock.
MONEY MARKET.
At first the better opinion seemed
movement. The improved crops
incline to a small
to
in
to explain the apparent contradiction
Europe, and especially the increased early European
supply from those crops, together with the lower prices
cannot understand why, with the reserve already de- for produce ruling here and the reduced visible supply
pleted and further decreasing $2,071,200 in a week, of gold there, were thought to be influences sufficiently
while the loans increased §4,174,500, money should go strong to keep the flow of specie within narrow limits.
a-begging at 2 to 3 per cent.
And they would have proved so, were it not, on the other
This proposition would present an enigma indeed, hand, that
(1) there has been a decided falling off in
if
the two facts had any intimate relation to one our imports during the last few months, while (2) our
another. The truth is, that the banks have
loaned on exports have largely increased, in good part by becomtime to the extreme limit of prudence. There has been ing more varied in character, which was made possible
in the daily reports of the
money market.
Our
inquirer
a wide-spread desire on the part of borrowers
to bridge
over these crop-moving months, and hence, while the
reserves were more abundant, time
contracts were
freely made.
We do
not suppose that any considerable
could be obtained now on long paper
amount of money
under the legal rate.
by our lower
prices,
position to increase
its
and
(3)
Europe now shows a
dis-
holdings of American securities,
go the remnant the last few years'
shipments of them to us have left there. No one, of
instead of letting
course,
forces.
can foretell the resulting effect of
all
these
THE C^HRONICLE.
216
moment our forekn exchanges
XXXI.
fVoL.
even than the ability to command traflic. Will the new
be able to carry cheaply ?
Will it be able t©
ia only indicative of an existing condition which circum- compete with such a line as New York Central ? To
•stances might modify for to us the important question answer these questions it is all important that we should
has been all the time, Where is the gold to come from ? know what position the road will hold as respects grades.
The following, taken from the Statist (London) of Whether on it an engine can haul 1,5 or 30 cars is a
August 7 (under the head of "The Threatened Scarcity matter of great moment. It is well known that one of
At
the present
'that the
movement
is
to
be a free one.
And
indicate
still
this
line
;
of Gold"), is suggestive on this point.
The Berlin Borsen Zeitung is in some alarm lest the present
topef ul condition of trade should be disturbed by a serious gold
crisis.
It remarks that the Bank of England is less strong than
it was last autumn, and that the gold drain to the United States
The
is likely to be at least as great as it was at that period.
Bank of France is also in a bad position to meet ademand for
"
^old. The Zeitung says that it learns from the best-informed
^iuarters" that the Bank holds no foreign coins, no bar gold,
very few newly-invented twenty-franc pieces, and a large mass
of old twenty-franc pieces, whose average weight is only 6 '430
It also has a considerable
gr., instead of the normal 6-452 gr.
•amoant of worn ten and five-franc pieces. The Zeitung hints
that the leading nations will have to adopt bi-metallism in order
to escape from the double evil of the depreciation of silver and
It suggests that Germany,
•the growing scarcity of gold.
jFitince and the United States should joinnands to replace tha
»white metal in circulation.
A fair conclusion from what has been said with regard
'to our
from
money market would seem
to be that although
no probability of any
workings, it is certainly prudent
the present outlook there
is
epeedy disturbance in its
not to expect both a continued increase
and very low rates for money.
THE
NEW TRUNK LINE
The rumors
*
in speculation
of the formation of a
company
to build
have been a matter of much speculation in Wall
Reports were current as
early as last Saturday that preliminaries had been settled and that such a line would be built.
Not much
•credence, however, was given to these statements, as
they were generally thought to have been put in circulation for stock- jobbing effect.
It appears now. that
articles of incorporation were actually filed at Albany
•on Thursday, and it is
also stated that
about
•ern,
street during the past week.
scribed
to.
much
easier grades.
Without
not fare better than Erie in this particular!
does not turn out to be worse.
But even if the grades should be satisfactory, it does not
necessarily follow that such a line can make any decided
inroads upon the business of Central and Erie. The
will certainly
if it
Michigan Central and the Lake Shore are operated in
such close connection with the Central that the lalter's
western terminus might as well be called Chicago as
Buffalo, and even beyond Chicago Mr. Vanderbilt's
large interest in the Chicago & Northwest should give
the Central a strong hold on the traffic from that section.
In the award last week the Michigan Central and the
Lake Shore had 49 per cent of the entire east-bound
freight from Chicago.
Of course this does not all go to
the Central, but it indicates what a great advantage to
two roads must be. The only points where the
exercise any important influence upon the
Lake Shore are Butler and Toledo, at present the
former's eastern termini. The Wabash is now building
a line to Detroit, and when this is completed it will, so
many believe, divert traffic from the two points mentioned.
Some months ago, in reviewing the Lake Shore
these
Wabash could
report,
we took
occasion to analyze the different items
of freight received by that
company at Butler and
and the conclusion was that the Wabash's contribution was less than was generally supposed.
Yet
even of what it does contribute it remains an open ques-
Toledo,
tion
how much
it
could divert to Detroit, as
not an
it is
easy matter to alter the channels of trade.
It
seems
has already been sub- clear that by reason of superior facilities, a fine road
names of the parties associated in this bed, easy grades, economical management, and almost
the capital stock
The
undertaking would seem to be .a guarantee of good
faith, but there are still those who refuse to believe that
the road will ever be constructed, and they throw out
the hint that Mr. Gould has a large line of Lackawanna
«toelk which he would like to dispose of.
What truth
tbere may be in this story we have no means of knowdr.g.
We give it simply as part of the gossip of the day.
The object the incorporators have in view is, of course,
the establishment of another trunk line between the
West and New York. It is thus intended to construct
a road from Buffalo to Binghamton, and from thence to
If ew York to use the Delaware Lackawanna & Western, which has good terminal facilities at Hoboken. A
branch to Rochester, into New York Central territory, is
also contemplated.
At
Buffalo connection will be
made
with the Great Western of Canadaj which is supposed
to be closely identified with the Wabash system, and
great stress is laid on the likelihood that the Wabash can
in this way throw large streams of traflic to the new line.
Along with the details of this project, have come
exaggerated estimates of the probable influence of the
new route upon the business of Erie and New York Central.
Yet no effort appears thus far to have been made
by the public to determine, even approximately, the
leading factors needful to a correct solution of this ques-
perfect connections, the Central has
new
little
to fear
from a
competitor.
Erie, however,
is
be the
said to
line
which will suffer
Not much proof has yet been offered in justificafor this belief.
To be sure, the Lackawanna route
most.
tion
may draw
off some of the local traffic, but this does not
seem to be considered of so much importance and little
attention has been paid to
it.
It is
expected that the
occur on through business.
But even
without possessing any influence over the lines centring
at Buffalo, the Erie now makes at that point a fair inter-
main
loss will
change of traffic. What reason is there for supposing
that this would not continue when the Lackawanna got
there.
Then what business now
passes either directly or
indirectly to the Erie at other points that the
Wabash
be remembered
that the Erie has very weak connections with other roads,
and that its through traffic is secured in spite of this
could withhold or draw off
?
It should
weakness, indicating that that traffic comes to it naturally
without the exercise of any pressure and therefore bids
So we may take it for granted
fair to remain with it.
that Erie
is
not likely to be affected to anywhere near
the extent imagined.
One point should be clearly kept in mind in any dis-
cussion of problems like this, and that is that the volume
Something more than the mere building of a line of the country's traffic movement is all the time expand'
necessary to make a road a snccess. Something more ing.
New sections in the West, Northwest and Southj
tion.
ia
possesses
it
being able to verify the impression just at the present
moment, we may give it as our belief that the new line
it
TO THE WEST.
3 line from Binghamton to Buffalo, in the interest of the
Wabash Pacific and the Delaware Lackawanna & West-
•f 3,000,000 of
the main advantages the Central has over the Erie, lies
in the fact that
AtOUBT
THE CHRONICLE.
38, I860.]
217
west are constantly being opened to development. Be- intended to promote emigration to the West was formed'
Boston, but that afterwards the lands obtained by
gides, fifty million people increase faster and produce and in
organization passed into English hands ; some
the
quantity
the
result,
As
a
million.
forty
consume more than
acres have been bonded to Mr. Hughes, situated
300,000
large
receives
to
market
sent
be
products
to
of agricultural
It is not so long
accessions with each succeeding year.
since Mr.Vanderbilt remarked that there were five trunk
lines
Btill
and only business for two. To-day, these five lines
and no complaint is heard from any of th2m
exist
of a lack of business. If within so short a period such
remarkable progress has been made, why may we not,
with a continuance of the present activity in trade and
commerce, as there is every reason to believe there
be, soon find room for still another trunk line ?
will
END OF THE SOUTHERN RAILROAD WAR.
anticipations of an early settlement of the diffiNashville and the Chicago
culty between the Louisville
Our
&
& New
Orleans have already been realized.
commented last week upon the report that the
trouble between these two roads,which had until then been
Louis
St.
We
confined to passengers, had extended to freight, and gave
it as our opinion that matters would now soon come to a
crisis.
It
Louis
appears that General Manager Clarke of the St.
& New Orleans, and Vice-President Alexander
&
of the Louisville
cials
both
of
Nashville, and other leading
companies, met in
offi-
conference August
and after discussion agreed upon a basis of adjustment. Immediately thereafter dispatches were sent to
the traffic agents of both companies at New Orleans,
Louisville, and other points of competition, instructing
them to discontinue cutting and restore rates to what
they were before the dispute began. The famous order
24,
by the
Louisville
&
Nashville, charging local rates be-
tween Selma and Montgomery, has also been withdrawn.
Some minor points still remain a matter of controversy,
but these it is expected will be settled next week, either
directly by the officers of the two companies or by arbitration.
The
principle of settlement was,
we
the shorter line between any two points
understand, that
common
to both
roads should have the right to establish rates to those
St. Louis & New
contended for, as,
being the shorter line between New Orleans and St.
Louis, Chicago, and other cities, it insisted on the right
to fix the rates to those cities, which the Louisville &i
Nashville, however, was unwilling to grant. The settlement was facilitated, no doubt, by the temporary retirement of Mr. E. B. Stahlman, traffic manager of the
Louisville & Nashville, who has been given leave of absence for one year, and the assumption of the duties of
the position by Mr. Alexander, the Vice-President. It
seems likely that the two roads will again work harmoniously together, which is a matter for congratulation, not
alone to the stockholders in the companies, but to the
If this
points.
be correct, then the
Orleans has virtually gained
general public as well,
who
all
and
in a tract in the counties of More;an, Scott, Overton,
it
are not interested in seeing
railroad property deteriorate through the prevalence of
—
These counties are in the
Northern tier, in a line directly south from Cincinnati,
and the Cincinnati Southern Railroad passes through
the two first named. During the labt few months a
hotel has been built, a town laid out, a road seven miles
long been built to the Southern Railroad, and other
improvements have been made. Mr. Hughes has come
over to visit the place, and, as the head of the emigration company, to assist in settling an English colony.
It may be interesting to state, in this connection, the
probably surprising to most readers that emifact
gration to this country from England is now not less than
from Ireland. England and Ireland together (taking
1873 as a standard) send us about one-third of all in
in 1872, 1875, and in
that year, 152,000 out of 460,000
the four years 1876-9, England sent more than Ireland.
In 1879, 24,000 immigrants were of English nationality,
and 20,000- were Irish. We find, also, in the Atlanta
Constiiution an account of the operations of the Georgia
Commissioner of Emigration, who had come to Atlanta,
Fentress
in
Tennessee.
—
—
—
;
not to attend the State gubernatorial convention, but to
German emigrants to Cedartown
Polk County (one of the western tier of counties), where
they had been hired for a year by the Cherokee Iron
Company. The commissioner complains of the slugtake a colony of 100
gishness of the State in the matter of aiding him, out
England
some thousands of copies of a book and circulars thus
and that the book will go to Germany
far at his own risk
that, hampered as he
as soon as it can be translated
has been, he can fill at once any definite contracts
that he shall soon visit all
offered him for laborers
the principal towns in the State, in company with a
German gentleman of much experience in such matters ;
and that as soon as 500 families are contracted for he
proposes to send an agent to Germany and bring
them direct to Savannah or Charleston. This, he i»
convinced, is the cheapest and most effective method,
the usual route through this port being open to the objection that immigrants encounter those who divert
them to other directions than southward.
We have no wish to make too much of movements'
says that he has printed and sent to Scotland and
—
—
;
;
above, for colonizing has generally been attended
with rather disastrous results, and the tide of immigralike the
be quickly diverted to the South. On thfr
easy to make too little account of such
first steps.
The South, we should always remember, is
Slavery not only made it lag
in a peculiar position.
far behind the rest of the country in general development, but left upon it a sort of blight which only
tion is not to
other hand,
time can
it is
efface.
Comparatively speaking,
resources and the social and
its
natural
which
unknown.
industrial features
determine the desirableness of the country are
and certainly $5 for carrying a pas- Since the war there has been probably more desire to
senger from New Orleans to Chicago, 915 miles, is know the real facts concerning it in all respects
nothing if not a starvation rate.
Undoubtedly
in Europe than in the United States.
starvation rates
The arrival of Mr. Thomas Hughes, well-known to
American readers by his books narrating life at the
was as vast an error, economically, as it was a
crime by the moral code; not only did it not discover
much less develop the material resources of the South,
but it actually concealed them. The tendencies of the
English
system-—its
SOUTHERN EMIGRATION AND PROGRESS.
together with a select English
one of the quiet but significant events of the
past week.
His object is to put into effect a colonizing
enterprise.
It seems that in 1377 an organization
party,
is
universities,
slavery
—
idleness, unthrift, inertia, distrust of
—
every
manifestation of peculiar activity were all repressive
of the spirit of inquiry and experiment; that spirit has
liberty to
move only under
free labor.
THE CHRONICLE.
218
[Vol. XXXI.
So much for the past, as far as a few brief sentences Below is a statement of the entire mileage now operated
Northwest, arranged in such a way as to bring
can compass its irrepressible conditions. But the South by the
out
leading characteristics of the system.
than
the
now has free labor, and that one fact means more
Miles.
inan
least,
(1.) Chicago, tlirougU Northern Illinois and Central Iowa, to
people think it means everything, or, at
401-0
Council Bluffs
Of the mineral (2.) ChieaKo. via Harvard, 111., Madlaon, Wis., audthroueh Southdefinite range of industrial possibilities.
ern Miuucaota to Tracy, and thcu to Lake Kanipcaka,
C230
and forestry resources of the South the general public
Dakota
—
has
(3.)
hardly deigned to think at all until very recently. In fact,
80 far as the outside world is concerned, it has been
a sort of buried region, uncovered to light a new old
(1.)
knows very
little;
of
manufacturing capabilities
its
it
Chicago, via Milwaukee, Fond du Lac and Fort Howard, to
392*0
IshpcminK, on northern peninsula of Michigan
136'4
Dakota E.xtension— Tracy, Minn on (2), to Huron, D. T
Branches in Illinois-Chicago to Freeport, 121 miles; Elgin
to Lal<c Geneva (about 9 miles in Wisconsin) 4.5 miles;
Geneva to Batavia, 3'2 miles; Geneva to St. Charles, 2 4
miles Chicago South Branch, 4-5 miles Chicago Cut-off,
6-2 miles: Geneva to Eockford, 44-6 miles (151 miles al219'5
ready included In " 2") Belvidtro to Caledonia, 87 miles.
,
(5.)
—
now
land
And
it
is
the vast
from
occupied and inhabited.
because we have been so impressed with
and far-reaching importance of the change
to be
discovered,
free
slavery to
spoken of that section as
labor that
tlie
we have
so often
if they will
but have courage and never
ing principle of honesty.
Holding
let
go of the
last-
;
Platteville, 4 miles; L.ancaster Junction to Lancaster, 12
miles; Sheboygan to Princeton. 78'4 miles
Brandies in Michigan (northern penin.-iula)— Menominee
River Junction to Quinnesee, 24-7 miles; branches and
extensions to mines, 428 miles
Branches in Iowa— Clinton to Anamosa, 71'4 miles; Stanwood to Tipton, 8 5 mites Tama to Gladbrook, 18'7 miles
Des Moines to Callanan, 580 miles; Maple River Junction
to Mapleton, 60-2 miles Wall Lake to Sac City, 121 miles.
Branches in Minnesota— Eycta to Plalnview, 16-0 miles;
Eyota to Chattleld, 12-3 miles; Rochester to Zumbrota,25-7
miles; Mankato Junction to M.inkato, 37 miles; Sleepy
Eye to Redwood Falls, 25-9 miles
(7.)
(8.)
(9.)
3H'9
67'5
;
;
;
will lighten as their resources
—
.
Branches in Wisconsin— Harvard t« Fond du Lac (.about 10
miles in Illinois), 1 14 miles Kenosha to Genoa, 27o miles
Galena to Woodman, 760 miles; Platteville Jimction to
(6,)
fast to that, their bur-
grow, and those fnust
grow that they will, is the clearest fact in the whole
indu-!trial field. The term "South" itself is rather a hateful
one, as tending to keep alive a bad past that should be forgotten; but the political isolation will change with the
Events move rapidly, and another ten years will
rest.
den
;
most promising portion of
thecountrj-. That some of those States are financially
weighted is true, but that is only the incident of to-day,
:
;
2289
83-6
2,5.53-8
Total
At one time
could have been said with tolerable
it
accuracy that the Northwest was a Chicago road, in contradistinction from the St. Paul, which was a Milwaukee
road.
This distinction, however, is now being gradually
wiped
out.
The
St.
Paul no longer looks exclusively
work out some great changes.
after the interests of Milwaukee, nor is the Northwest
The first step in growth for these States is to attract content with only a Chicago outlet for its lines in Southand fix the attention of the world. The first steps ern Minnesota and Dakota. When the road projected
are hardest ; once convince the world that they are between Madison and Milwaukee has been built, the
moving, and the movement will soon accelerate. Northwest will be in position to carry to either MilA .demonstration is needed of not only "the mate- waukee or Chicago; and when the recently acquired
rial resources of the land but of the spirit and in- Chicago ifc Pacific is brought into connection with the
Let them put their shoulders St. Paul's other lines at the Mississippi River, the latter
tegrity of the people.
to
all
—frown into
and
show an example
—
repudiation
silence every
the wheels of industry
whisper of
reliance and
self-help.
We
of
self-
have faith to believe
—and
all the more from the most recent instances of public
feeling in reference to debt payment in several States
that they have really come to feel this to be the truih.
The census just taken, it is now evident, will show a
Burprising growth, and that of 1890 will exhibit the
South in a position which, twenty-five years ago, would
have seemed inconceivable.
CHICAGO
The Chicago
may be
d-
«&
NORTHWESTERN REPORT.
said to have three principal stems.
The
chief of
is
A
from Chicago along the eastern line of Wisconsin, up
through the northern peninsula of Michigan, way on to
Lake Superior, and taps a section rich in iron and
lumber. The third stem cuts across the northeastern
end of Illinois, the somthwestern end of Wisconsin,
and then runs on into Dakota, through Southern MinneParticular attention is drawn to this latter stem
sota.
Tracy, namely an
just now, because from a point on it,
extension to the Black Hills is in process of construc-
—
tion.
At present only 136
—
miles of this extension are in
operation, but 200 miles have already been built, and
be able to compete with the Northwest for the
to Chicago.
The
rivalry
it
intended to have the line completed as far as Fort
Pierre on the Missouri River before the end of the year.
being so actively prosecuted near
home, is carried on with hardly less vigor at the other
end of their lines, where each is vying with the other
There is one feature
to reach the Black Hills first.
porations, which
is
to both these systems of roads, to which we
alluded in a previous article, and that is, the expanse of
territory covered by them has become so vast, it is
common
scarcely probable any disaster to the crops will ever affect
more than a portion of the immense district traversed.
for the late fiscal year
certainly a very satisfactory exhibit.
427
in
A gain
and 11,792,540
gross earnings,
and the line is
being otherwise very substantially built, and this has
led to the inference in certain quarters that the ultimate
destination is more likely to be the Pacific coast than
the Black Hills,
We
have, of course, no knowledge on
in net
income,
no doubt as to the company's extremely favorable conThe showing is the more gratifying that there
dition.
was but a slight increase in the mileage operated, the
average having been 2,215, against 2,129 the previous
year, and that the crops in certain sections, notably in
Southern Minnesota and Southeastern Dakota, were bad
On the other hand, the Northwest got the
last year.
benefit of a full twelve
months of business
activity, as
its fiscal year begins with June, at which time last year
The folbusiness revival was already well under way.
with
made
be
to
comparisons
enable
will
table
lowing
the four previous years.
Dividends.
Fiscal
Year.
Operali'g
Total Gross Expenses
it Tajces.
Earninffs.
Interest,
\el
Rentals,
Earnings
•He.
1875-76 14,013,731 8,274,289 5,739,412!4,559,725
lS76-77il3,033,102i7,526,101 5,.507,00l!4, 128,774
1877-78 14,751,002 7,620,945 7,l30,117i4,ti65,629
1878-79 14,580,921 17,707,640 6,873,27214,585,641]
1379-80 17,34i).349 8.431.599 8.917.7.50 4. '<37.5«2'
2 i)ei cent out of previous year's surplus,
turplas,
t 3 per cent out of previous year's
'
the subject, and merely refer to the matter in passing.
is
of ^2,768,-
with a total net income of $t,080,167, equivalent to over
11 per cent on both preferred and common stock, leaves
is
Steel rails are being laid in the track,
traffic
between these two great cor-
The Northwest's showing
Northwestern, radiating from Chicago,
the line from Chicago to Council Bluffs. This
passes through Northern Illinois and Central Iowa, and
second stem extends
affords a very lucrative traffic.
these
will
Hate p.
ct.
Amomit.
Com, Prf.
7
7
536,310
1,956,034
2,105,868
2,405.521
THE CHRONICLE.
'AT7GCST i8, 1880.J
With regard to the
new features. As in
traffic statistics,,
the case of
all
these present no
other roads, there
219
to have the capital besieged and ultimately entered, to be
compelled to buy the invader off by a huge and exhausting;
—
But the most painful thiug of all that
has been a decided decline in both passenger and freight indemnity.
The average rate received per passenger per which most deeply touched the heart and wounded the
mile was last year 2-67 cents, against 2-85 cents in 1875-0, pride of the nation was the delimitation of the nation's
charges.
—
and during the same time the rate per ton of freight territory. It would have been an onwilling sacrifice anyper mile has fallen from 1"95 cents to 1-49 cents. Follow- way, but it was all the more so since the inhabitants were
themselves opposed to the transfer. With the sacrifice,
ing are the traffic operations for the last five years.
therefore, went forlh the vow, sub row, that the provinces
tfdlc
RnU
Tims
must yet be reclaimed. In point of popularity, Gambetta
Iter
Aver- Pasgeiiperii Passenger per
Preighl
of Freiyht
Fiieal
Pass,
Carrttd
Earnings. Ton
Moved
beyond all question the first man in France. It has
is
Tear. Miles One Mile. Earniuf/s. per
per
One Mite.
Mile.
Mile.
been for the last ten years, and is still, his ambition to be
Vis.
CIS.
•75-'76 1,992 122,281,308 3,483,(547 2-85 503,132,339 9,832,979 1-95
'7«-'77 1,993 11«,U02,435 3,378.295 289 485,357,900 9,005,278 1-80
'77-'78 •2,03' 118,877,400 3,360,078 2-83 ,023,708.593 10,754,108 1-72
•78--7!) i!,l'i9 U(i,()C8,482 3,240,090 2-79 081,878,311 10,037.308 1 o(i
'79-'H0 2.U15 14O.n0.88'l 3.737,343 207 !8G,5.909.54'! 12.897.77- 1-49
the mouthpiece of the people.
Gamown thought and
Consequently, when
bftta speaks, he reveals to us less his
thought and feeling of France.
German statesmen and people know
The new year opens very auspiciously. For June and that Gambetta is studious of the mind of France and
July the earnings are officially reported as being $675,000 eager to adopt himself to it, that they attach so much
in excess of the corresponding time in the previous year, importance to his words.
It is not wonderful, thereand for the first three weeks of August unofficial state- fore, as we said at the outset, that such utterances
ments make an equally if not a more favorable exhibit. should have somewhat disturbed the public mind of
The prospects of a heavy traffic movement in future Germany. The history of the relations of France and
months are also very good. Aside from the improvement Germany, for the last two hundred years, has been a
in general business, indications point to a considerably
of conquest and revenge.
la
history of jealous rivalry
augmented supply of grain freight. In Southern Min- the general case, however, France was the aggressor.
nesota, where the crops have beeu either poor or indifferIt
It was so in the time of Louis XIV. and of Louis XV.
ent during most of late years, the yield promises to be
was so in the days of Napoleon I. and of Napoleon III.
exceptional this year, and the Winona & St. Peter
It is not to be otherwise, the North German Gazette conIn parts of
division of the Northwest will profit by it.
siders, when France comes more completely under the
Iowa, too, it is expected there will be a larger quantity
and the intimation is pretty plainly
rule of Gambetta
of grain to be transported.
Without doubt, therefore,
made that Germany takes note of the warning given,
the outlook is very encouraging.
and sets her house in order accordingly.
Whatever be the strength of the claims which France
GAME ETTA AND THE QUESTION OF REPAR- has on Alsace and Lorraine, it is the conviction of the
feeling than the
It is
because the
—
;
ATION.
German Government and people
that their claims are
hardly to be wondered at that some of the recent stronger. The annexation of the provinces to Germany
utterances of M. Gambetta should have created a flutter in 1871 was but the reclamation of territory which origof excitement in political circles in Germany. It is proba- inally belonged to fatherland, and which, in the days of
ble that too much has been made of bis words, and that Germany's humiliation and weakness, Louis XIV. had
It is
a meaning has been given
them which it was not
That his speech at Cherbourg, and his letter, about the same time, to a Councillor General, were well fitted to produce an unfavorable impression on the German mind, is best proved by
the fact that both President Grevy and Prime Minister
De Freycinet deemed it prudent to disavow them, and
to declare that whatever might be the opinions of the
ex-Dictator, his language was not expressive of the
to
intended they should convey.
opinion of the country.
wrongfully appropriated and annexed to France. For
but two hundred years the wrong had been endured,
all
but not forgotten; and when the opportunity offered,
France being the aggressor in the case, Germany, in
holding Alsace-Lorraine, but resumed possession of her
own. Two hundred years of French rule had no doubt
and language of the people, but the
question of right had not been affected. So, at least,
Germany reasoned. It was not without serious deliberation that the retention of the provinces was decided upon;
affected the habits
It was no doubt wise and politic to make such a dis- and it may well be takes for granted that Germany will
avowal; but any one who is at all familiar with the have lost her right arm when she consents to part with
sentiments of the French people will still think that them. A war on the part of France for what she calls
Gambetta was more near the truth than the President reparation might be attended with very serious conseand his Minister.
do not think that the French are quences to herself. Her opportunity may come; but so
anxious to go to war with Germany for the recovery of far as it is possible to penetrate the secrets of the f utnre,
Alsace and Lorraine; nor is it our belief that they are that time is yet far off.
prepared for a war of reparation. It does not follow,
Gambetta is not ignorant of the situation. No one
We
however, that because they are neither anxious nor
prepared for war they do not hanker after the
provinces which were taken from them in the hour of
defeat and humiliation. The simple truth is that by the
great majority
recovery of
of
the French
people
the
knows better than he that war is not immediately desired by the French people. Nor is any one better aware
that a war with Germany might be disastrous in the
extreme. It is convenient, however, to play with a
ultimate national sentiment; all the more convenient that, while
forward to France is mindful of her wrongs, she is also mindful of
certainties of the future;
and if her interests.
Gambetta may be the next President of
circumstances were favorable, it would be the easiest France; but it is safe to conclude that Gambetta iq
thing possible to unite the nation in favor of place and power will be more conservative and cautious
retaliation and recovery.
The loss of Alsace-Lorraine than Gambetta in his present position as Chairman of the
was the severest blow of the whole war. It was Assembly. There is but small chance that on any early day
painful to endure defeat, to see the country overrun, the Alsace-Lorraine difficulty will set the world on fire.
as
one of
Alsace-Lorraine
the
is
looked
THE CHRONICLE.
220
«ATES OF EXCHANGE AT LONDON AND ON LONDON
AT LATEST DATES.
EXCUAHOE AT LONDON—
EXCBANOE ON LONDON.
August 14.
On-
Time.
Rale.
Sliort. 25-32ia®25-40
Paris
3mos. 25-.50 ®25-55
Paris
25-55 ®25-60
Antwerp....
Amsterilaiu
Berlin
Hamburg
...
Frankfort
. .
Vienna
....
....
....
:
lilabon
Genoa
Copenhagen.
....
....
Ale-Kandria.
New
York.
Bombay
28-20
13-42
®28-25
Sddayi
Calcutta ....
la. S^iod.
Is. S^iad.
Hour Kong.
SUangliai
25-34>s
14 Short.
14
<•
**
14
14 3mos.
25-36
12-12
20-52
20-52
20-52
117-50
....
....
Aug. 14 3mo8.
27-80
11 3moa.
1.1 Short.
9733
® 18-45
.
....
....
Aug.
Aug.
Aug.
11-92 i3®ll-97H! Aug.
2468 ®24i»
47>4 ®47
47>3 ®47i4
521 ho® 52 13
Sale.
....
Aug. 14
12-2
®12-3
3mos. 12-4ia ®12-5
20-65 ®20-6S
....
20-65 ®20-68
....
20-65 ®20-68
. ..
BtPelersb'rg
Time.
Aug. 14 Short.
Short.
Amstenlam
Madrid
Cadiz
Lalesl
Date.
Aug.
Aug.
Aug.
Aug.
Aug.
Aug.
14 4mos.
"
14
<<
14
*'
14
81%
la. SSsJ.
la. 8%!.
3a. 934a.
58. 3i2d.
XXXI.
[Vol.
There is no "rage" at the present time for public companies.
Those introduced to public notice of late, though they mayhave been floated, have not been received with any degree of
enthusiasm.
From
this
we may
mania of a few years ago
company
infer that the public
a sore point with a large section of the investing public. The same may be said of foreign
loans but money is accumulating, and investments of a satisfactory character are becoming urgent. In |which direction,
however, our surplus capital will be absorbed is at the present
time an unsolved question. -The quotations for money are now
is still
;
as follows
Per
Bank
Open-market rates —
Per cent.
2isa2'4
4 months' bank bills
6 months' bank billa
2>4®2%
4 & 6 mouths' trade bills. 2Ha/3
cent.
rate
2>a
Open-market rates—
30 and 60 days' bills.
3 montha' bills
The rates of interest allowed by the joint-stock banks and
discount houses for deposits are as under
Per cent.
Joint-stock banks
I'a
1^
T)i8count houses at call
with 7 or 14 days' notice
Do
1%
Annexed is a statement showing the present position of the
Bank of England, the Bank rate of discount, the price of Con-
the average quotation for English wheat, the price of
middling upland cotton, of No. 40 mule twist, fair second
quality, and the Bankers' Clearing House return, compared
with the three previous years:
sols,
[From our own correspondent.)
London, Saturday, August 14, 1880.
There is still an abundant supply of floating capital, but a
fair degree of firmness has manifested itself in the discount
market during the week, and very little accommodation has
been obtainable under 2 per cent. The Bank rate remains at
2}^ per cent, and there is no prospect of any immediate eh ange.
The official trade statements issued during the week, being of a
satisfactory character, have had a very beneficial effect, and
considerable confidence is felt with regard to the future of our
This confident feeling has perhaps partly contributed
trade.
to the increasing firmness of the money market, and for this
reason, viz. that the holders of raw produce have arrived at
the conclusion that if our trade in manufactured goods improves in the autumn, a better price should be obtainable for
raw materials. The banks are therefore being sought after to
make advances, so as to enable merchants to hold on, and there
seems to be some reason for believing that such a course is
justified.
There does not appear to be at the present time any
serious apprehension of political disturbance abroad, although
some weighty matters have yet to be arranged. The money
market, however, shows no indication that it will assume a condition to interrupt legitimate trade, and, furthermore, it may
now be safely asserted that food will remain cheap. The
weather has recently become propitious, and wheat-cutting has
become pretty general in the south of England. There will
be some disappointment as regards wheat, but farmers will
have no reason to complain of the aggregate yield of agricultural produce, as several crops promise very satisfactory results.
It must be admitted that, considering the' summer months are
not usually the period of the year in which a development of
trade takes place, business has this season been fairly active.
In most departments an increased amount of activity has been
apparent compared with the last few summers, and the Board of
Trade returns testify to the fact that there has been a large
absorption of nearly all our leading manufactures, not only by
America, but almost by the world in general. The exports of
cotton goods have been very extensive during the last two or
three months, and other branches exhibit favorable results.
Furthermore, there is reason to believe that the movement is
ot a spasmodic one, but has indications of permanency. To a
very considerable extent the trade of the country is free from
speculation, the lesson learned last autumn not having been forgotten. That the condition is a sound and healthy one may be
argued from the fact that few important failures are taking
place, and that none are expected.
The position of the Bank of England has not materially
altered during the week. The liabilities of the establishment
have somewhat increased, but, owing to the diminution in the
note circulation, the total reserve has been augmented, and the
proportion of the former to the latter is still about 51 per cent.
There is sufiicient demand for gold for exportation to absorb
the imports from abroad and from our colonies, but the movement does not attract very much attention. The price of wheat
having now fallen to a low point, and a larger quantity of
produce having been or being about to be—harvested in Europe, it is not thought that the demand for gold for export will
:
Bank
£
£
£
28.887,785
4,604,036
22,462,403
14,990,554
18,271,313
12,060,017
27,842,353 29,589,451 28,100,467
Public dcposi ta
5,497.917
5,521,668
3,531.304
Other deposits
25,896,681 31,296,820 21.000,831
Governni't securities. 16.354.758 16,802,194 14,967,173
17,137,987 17,138,716 18.960,419
Other securities
Res've of notes & coin 16,157,437 21,156,638
8,912,764
Coin and bullion in
both departments.. 28,680,207 35,403,618 21,633,219
Proportion of reaerve
56-93
35-80
50-94
to litvbilities
2I3 p. c.
2 p. c.
5 p. c.
Bank rate
97I3
95
98
Consols
49a. 7d.
44s. Id.
43s. 9d.
Eng. wheat, av. price
po.st billa
6%i.
9%d.
eiSied.
Mid. Upland cotton
10i4d.
No. 40 mule tWist
Oleariug-Houaei-et'n. 92,761.000
.
.
78.752,000
25,606,877
44-00
2
p. c.
95
653. 8d.
61, ad.
69i6d.
1013d.
lOd.
97,909,000
86,136,000
Gold has continued in moderate request for export, and a
supply of eagles have been sent to New York during the
week. Rather a considerable quantity of gold has also been
shipped from the Continent to America, Silver is cheaper, and
Mexican dollars have also declined in value. The following
prices of bullion are from Messrs. Pixley & Abell's circular:
fair
Bar gold, fine
Bar gold, containing 20 dwts.
«.
d.
s.
d.
GOLD.
per oz. standard. 77 9
per oz. standard. 771013® ...
per oz. 73 9 ® 74
per oz. 73 9 ® ...
peroz. 76 3I3® ...
per oz. 76 314® ...
silver,
Spanish doubloons
South American doubloons
United States gold coiu
German gold coiu
SILVER.
gra. gold,
Chilian dollai-a
Quicksilver,
The following
d.
d.
per oz. standard, last price. 5258
per oz. stand'd.last price. 53
peroz. 56%,
per oz., nominal 51%
Barailvor, fine
Bar silver,contaln'g 5
Cake silver
Mexican dollars
peroz
£7
5s. Od.
are the current rates of discount at the prin-
Dank
Open
rate.
market.
Pr.
el.
213
Paris
Pr.
ct.
3
2%
Brussels
319
Be«-lin
4
4
2ia
314
4
Frankfort
Vienna
Petersburg
St.
...
4
4
Bank
Open
rate.
market.
Pr.
2%®2ia Genoa
Amsterdam
Hamburg
d.
®
®
®
®
®
Diacount, 3 per cent.
cipal foreign centres
Greneva
Madi-id, Cadiz
3I3
Now York
6
Calcutta
Pr.
&
4
4
5^
el.
3H
4
Barcelona
Lisbon & Oporto.
2i2a2%
21232% Copenhagen
ct.
3ht
5
®6
5l3®5%
3i3a'4
4i-2®5
5
Fine weather and cheap money continue to exercise a beneover the stock markets, the tone having been firm
during the week, but without much business being in progressConsols, however, have been somewhat weaker, as a Government loan is expected to meet the expenses of the Afghan
War, which are already very heavy. American Government
and railroad bonds have been firm, but Grand Trunk Railway
of Canada securities are weaker, the revenue statement having caused disappointment. The report for the half-year ended
June 30 shows a surplus, after payment of the interest on all
the preference securities, of £122,670. The dividend on the
ficial effect
preference stock, which is payable on the 1st of Septemwill absorb f80,374 and leave a balance of £42,296,
which is about £16,000 short of sufficient tO meet the full halfyear's interest on the second preference stock.
first
ber,
—
assume any considerable proportions. That bread will be
•cheap during the next twelve months can scarcely admit of a
oubt, and this should give a stimulus to legitimate business.
£
1877.
1878.
1879.
1880.
Circulation, including
I
The Board of Trade returns issued this week for July, and
the seven months ended July 31, show, as stated above, very
satisfactory results, affording ample evidence of the fact that
the commerce of the Country is steadily improving. As these
figures relate to business arranged some time ago, we may
naturally hops that as recent trade reports have been of
a.
AuGrsT
THE CHRONK^LE.
S8, 1880.]
easy market in September. It
tavorable character, future returns will confirm the belief in
more prosperous trade. The following are the principal figures
1878.
1879.
1880,
X35,881,814
226,279.088
a30,186,073
203,287,795
«33,3r>2,!595
10,400,8.')7
10,011,122
105,437,615
111.001,257
20,270,.'>7!)
127,904,315
IMPORTS.
owt.
1879.
7,017,965
1878.
8,310,512
1880.
9,345,230
EXl'OUTS.
1878.
1880.
1879.
1,1H7,.509
954,599
715,898
cwt.
Cotton
114,711,000
131,064,800
147,73J,800
11>3.
Cotton yam
Cotton piece goods.. ..yar<l8.2,001, 750.700 2,018,360,000 2,464,024.300
2,410,899
1,434,830
1,320,917
tons.
Iron and steol.
9,334,200
10,621,800
lbs.
11,090.500
I/incn yam
106,867,400
96,780,500
101,912,150
yards.
LUicu piece goods
98,108,800
91,327,500
65,181,100
yai'ds.
Juto manufactures
1,142,943
1.014,836
Bilk manufactures
A
1,078,144
13,642,300
4,156,600
Itritiiiii wool
lbs.
3.841,878
147,415,071
151,858,500
Colonial and foreign wool. lbs. 117,491,427
16,503,800
17,733,900
17,428,100
Woolen yam
lbs.
28,002,900
24,975,400
24,867,200
Woolen cloths
yards.
107,807,100 123,420,000
Worsted stuffs
yards. 118,090,800
3,508,400
2,878,000
Blanltets <& blanketing.. yds.
3,535,400
2,921,100
2,633,900
yards.
4,219,700
Flannels
5,116,100
3,383,000
3,455,700
yards.
0.u-pet8
'.
probably be realized.
be seen from figures given below that our imports of
wheat during the first eleven months of the season are estimated to,have cost us £30,553,700, against nearly £22,000,000 last
year. The outlay as regards flour was £7,086,250, against
£6,531,000 while barley cost us £5,429,000, against £3,820,600;
oats, £4,810,000, against £3,583,300 ; and Indian corn, £8,540,Tlio total cost of onr cereal imports
200, against £9,357,000.
was £59,148,260, against £46,409,800 ; but in 1877-8 it was
£61,431,000. In the latter season ^the price was high, owing to
the Russo-Turkish War. The poverty of 'the crop in Russia
may be gathered from the fact that in the first eleven months
of the season we received only 4,383,334 cwt., being about half
the quantity imported in previous seasons. There is also a
considerable decline in our imports from Grermany, the total
for eleven months being 2,333,889 cwt., against 3,989,782 cwt. in
'
&
Madeira.
Italy
Austrian Territories
Greece
Turkey
Egypt
mst Coast of Africa
United States
Foreign West Imlles
Mexico
United States of Colombia
(New Granada)
BrazU
;....
Uruguay
Argentine Republic
Chili
Peru
China and Hong Kong
Japan
Java
Philippiue IsLanda
Gibraltar
Malta
British North America
British West India Islands
&
Guiana
British Possessions In South
Africa
British India-
Bombay
Miulras
Bengal
Straits Settlements
Ceylon
Australia
Other countries
Total imbleaclied or bleached
Total printed. dyed, or colored
Total mixed materials, cotton
1878.
Yards.
5,944,800
3,377,200
4,328,000
4,827,900
3,980,000
1,048,000
4,431,800
37,456.600
7,276,000
2,257.000
3,436,800
5,387,600
1,931,000
1879.
yards.
5,532,300
4,243,600
5,286,100
4,384,000
6.303,000
1,256,900
2,013,100
21,019,300
6,921,300
834,900
6,087,000
7,319,000
4,895,700
1880.
Yards.
4.328,000
3,299,300
4,033,800
4,533,000
4,932,700
452,700
1,974,800
28,863,400
8,875,300
4,282,500
0;290,200
4,891,000
4,219,600
5,056,200
13,072,200
2,988,400
6,349.500
3,350,500
2,988,900
21,403.400
4,246,400
4.841,300
4,532,400
1,723,200
3,070,600
4,663,400
2.973,200
15,368,200
3,253.800
4,707,800
3,807,800
993,200
30,886.300
0,015,400
8,151,200
1,635,000
2,672,000
2,245,700
6,030,700
3,666,700
19,234,500
7,931,000
7,463,400
6,884,900
322,000
49,575,000
9,301,700
5,301.800
6,4S2,200
2,353,500
4,441,000
4,034,300
3,208,500
3,501,900
2,677,800
16,912,400
2,865,400
71,174,800
6,770,300
1,624,000
5,336,500
18,924,300
21,303.700
4,777,700
66,695,900
8,207,200
1,173,400
4,480,200
23,056.000
37,742,700
9,825,700
94,200,400
9,861,000
2,008,400
6,161,000
21,463,000
199,795,200
93,390,500
208,787,300
93,043,500
271,816,600
128,139,600
854,300
1,965,500
2,400,600
predominating
Grand total
294,040,000 303,790,300
Other mannfactores of cotton show as follows:
1878.
£
*
Lace and patent net
Hosiery of
ail sorts
Thread for sowing
lbs.
Other manufactures, nneuumerated
&
Total value of cotton manu-
*
factures
The movements
1879.
142.064
79,658
1878-9.
probably the best on record,
the assistance
;
year, together with fine weather,
As the potato crop in Ireland
we are not likely to hear more
1879-80.
Imports of wheat. owt. 55. 681, 400
9,790,165
Imports of flour
Sales
88,672
88,393
4,334,254
5,796,799
197,245
96,020
1,074,637
1879.
£,
S.
1,221,131
10,101,687
34,462,00»
93,920,837
83,689,608
1,561,142
1,742,701
1,617,277
863,073
97,178,136
91,745,956
82,826,535
41s. 3d.
50s. 2d.
54s. 2d.
6,527,058
2,296,801
15,189,594
shows the extent of onr imports
and exports of cereal produce into and from the United Kingdom since harvest, viz., from the first of September to the
period
close of last week, compared with, th^ corresponding
612,585
5,210,223
799,426
7,140,401
692,568
6,692,648
951,159
7,820,475
1880.
S..
1,034,033
4,011,763
:«3.682
3,619,709
in the three previous seasons
683,450
3,933,081
Wheat
605,1(»3
Barley
4,839,037
Oat«..
Peas
Beans
Indian
Flour
GOLD AND SILVER.
Imports In July
Imports In 7 mouths
Exports in July
1,041,023
16,417,603
2,020,557
17,302,091
1,718,383
7,014,844
2,837,.587
months
1,30.5,1.53
18,490,005
11,902,871
998,785
8,458,746
iijcporta iu 7
33,183.2.50
of
flour
1870-7.
42.845,43T
6,382,171
The following return
1878.
Imports in July
Imports in 7 months.
Exports iu July
Expon« in 7 months
1877-S.
52,459,167
7,750,316
93,393,233
87,838,923
Result
Av'ge price of English
463. 3d.
wheat for season (dr)
Visible supply of wheat
bush. 14,200,000
iutheU. 8
GOLD.
1,013,379
6,394.808
1,886,428
11,119,530
SILVER.
627,649
8,052.795
1878-9.
47,730,339
8,591,848
visible
23,928,500 42,543,600
89,100,065
exports
wheat and
month and seven months
The
home-grown
Total
Deduct
were as follows:
Imports in July
Imports iu 7 months
Exports in July
Eitportsin? months
of
produce
1880.
4,372,960
of Irish famine
placed upon the British markets since harvest.
supply in the United States is also given:
402,356,800
79,365
is
afforded the peasantry last
has raised the country to a condition of considerable prosperity.
During the week ended August 7 the sales of home-growa
wheat in the 150 principal markets of England and Wales
amounted to 15,144 quarters, against 15,857 quarters last
year ; and it is estimated that in khe whole kingdom they were
60,600 quarters, against 63,500 quarters in 1879. Since harvest
the sales in the 150 principal markets have been 1,386,250
quarters, against 2,454,672 quarters; and it is computed that
they have been in the whole kingdom 5,545,000 quarters, against
9,818,700 quarters in the corresponding period of last season.
Without reckoning the supplies of produce furnished exgranary at the commencement of the season, it is estimated
that the following quantities of wheat and flour have been
2,1!)1,!)00
1,093,668
in specie during the
;
3,614,600
7,815,100
125,146
69,892
1,104,120
—that, for a tima-
to sell, with a view-
It will
following were the quantities of cotton manufactured
piece goods exported in July, compared with the corresponding month in the two preceding years
—
shown
will not
The
ETported to
Geraiany
Holland
Franco
Portugal, Azores
very probable
to secure current prices ; but the object of each seller will be
defeated by the action of all, and the trade, if the weather
continues propitious, may for a time be characteiiz«d by considerable depression. The crop in this country is likely to bo
under 10,000,000 quarters, which leaves a large quantity of
produce to be obtained from abroad. Our wants, however, are
certain to be easily supplied, and at a very reasonable price.
Were the potato crop free from disease, it would be one of the
largest on record. The weight of the crop promises to be something remarkable, the American rose potato especially beingmost prolific. There is, however, a considerable amount of
disease, which may be arrested if the weather should continne
dry. Hops, of which there were gloomy reports last week, hare
improved with the bright dry weather j but the early estimates
214,013,348
The following figures relate to the seven months ended July 31
Ootton
is
at least, there will be a geneial desire
:
Import* in July
ImportH In 7 iiioutlM
Exports In July
Biports in 7 months
221
A week of
propitious weather, favorable accounts respecting
the harvest on the Continent (excepting Russia^ and in the
United States, and liberal shipments from the latter country to
Europe, have caused the wheat trade to rule dull, with prices
in buyers' favor. Although millers hold very limited stockswhile the quantity of foreign produce in granary and of homegrown in the farmers' hands is also restricted— they only feel
disposed to buy from hand to mouth, as they feel sure of an
.
com
cwt
Wheat
Barley
Oats
Peas
Beans
Indian
Flour
:
IMPORTS.
1878-9.
1879-80.
..cwt. 55,681,400 47,780,339
9,879,100
12 103,309
11,251.31
13,914,78
1,550,169
1,967,327
1,670.203
2.670.619
29.41b.464 37,018,566
8,591,848
9,790,100
BXPORIS.
com
1879-80.
1,364,067
30.239
95,123
98.977
81,540
731.313
197,075
1878-9.
1,576,001
107.850
96,?40
27,679
17.893
518,191
160.100
1877-8.
1876-7.
53,459.107 42.845,43713,751,727 12.358,451
11.911,270 11.680,997
1.292.696
3,822,829
4.380.623
2,704,394
36.645,306 32.939,246
6,382,171
7,750,810
1877-8.
1,557,075
62,981
112,968
20,019
20.-i92
239,735
90.202
1876-7
814,873
50,362
87,054
23,637
31.727
500.S33
48.200
our imports of
The following return shows the extent of
September to
from
Kingdom
wheat and flour into the United
'
countries whence those snp-^
July, inclusive, together with the
THE CHRONK^LE.
222
plies were derived,
compared with the corresponding period
In our report of the dry goods trade will be found the imports
of dry goods for one week later.
The following is a statement of the exports (exclusive of
specie) from the port of New York to foreign ports for the
in
the three previous seasons:
WHKAT,
Cwl.
From—
4,393.334
.33,361.844
Brit. N. America 3,882,535
2,333.889
Germany
6,143
France
ciiiii
I'Ssg'ISi
2,260
Turkey, &0
2,107,287
Egypt
British India.... 2.299,402
Otlieroouutriea.. 2,593,250
Bu98ia
United States.
.
week ending August
OU!l.
Ciet.
1,950,928
243,421
539,403
3,846,359
1,387,495
9,013.210
15,293,450
1. 360.318
3.314,925
1,479,840
517,471
1,043,694
2,341,486
4,358.533
1,443,007
44,774,071
50,905,010
40,007,960
8.633.187
27,283.141
3,297,099
5,4 17,225
61,103
182,.596
396.280
136,917
807.759
637,013
52,626,665
Total
1878-77.
1877-78.
1878-79.
Cwl.
8,416,753
25,620.648
2.736.074
3,989,782
11.983
1S79-80.
Ctrl.
Gennany
France
United States... 6,505.801
392,934
Brit. N. America
Other countries.. 1,578,948
8,330,273
9,571,054
Total
Same
Wheat
Barley
Oats..
Peas
Beans
Indian
Floui-
1
*21.991,001
3,820.375
3,583,265
351,460
575,429
9,357,098
6,530,976
£30,553,571
5,429,011
4,810,195
776,563
1,032,530
8.540,170
corn..
7,986,223
£30,557.782
5,577,941
4,158,170
718,522
£23.929,093
4.723.336
4,540,300
538,439
1.018,799
11,423.538
6,974,232
1.547,579
9,903,451
5,330,841
£59.149,263 £46,409,804 £61,430,984 £50,575.059
increase in the value of our total imports of cereals over
Total
The
and $2,124,502 gold) .. $3,395,972
Same time inSame time in—
in—
$11,380,480 1875
10,150.973 1874
22.669,030 1873
39,135.232 1872
The imports of specie at this
been as follows:
Aug.
1876-77.
877-78.
time
1879
1878
1877
1876
:
1878-79.
1879-80.
$60,282
5,335,690
..
Tot. since Jan. 1, '80 ($3,271,470 silv.
is
period in the three previous seasons
folloNving will
New York
gold)
Total for the week ($60,292 silver and
Previously reported ($3,211,189 sUv.and $2,124,.502 gold).
a return showing the estimated value of our
imports of cereal produce into the United Kingdom from
September to July, inclusive, compared with the corresponding
Annexed
2.57,225,414
show the exports of specie from the port
for the week ending Aug. 21, and also a comparison of the total since Jan. 1, 18S0, with the corresponding
totals for several previous years:
Aug.
Mer. silv. dola.
Havre
$4,282
1 7— Str. Pereire
Am. silv. bars.
56,000
Loudon
21— Str.Douau
The
of
6,265,193
~7i695,909
$0,211,377
204,867,703
Totala'ce Jan. 1.$175,537,610 $223,323,435 $211,079,140 $261,479,686
976.031
1.876.024
1,592,816
151,131
1,679,141
316.739
3,052.491
337.705
2,101,776
1830.
*7,254,272
1879.
$7,011,990
216,311,605
'84.867.276
170,670,334
Prev. reported..
Otrt.
Ctnl.
1 284.223
794,663
313.700
4,922,421
364,701
1,932,723
840,080
253.291.
1978.
1877.
For the week
1876-77.
1877-78.
1878-79.
Cwl.
1879-80.
24-
EXPORTS FROM NEW YORK FOR THE WEEK.
FLOUR.
TroM—
XIXL
[Vol.
1871
1870
1809
1869
$53,814,098
45.226.4.52
24,882,445
64.379,144
port for the same periods have
Am. gold
Mexico
16—Str. Augustus
16— Str. Celtic
18— Str. Hadji
U. S. of Colomljla... Am.
Am.
Porto Rico
$300
coin.
.500
silv. coin..
silv. coin..
gold coin..
2,789
12,200
For. silv. coin..
For. gold coin
Am. silv. coin..
11,4,52
Am.
850
3,600
.
18—Str.
G.
San Domingo
W. Clyde
385
269.700
96,500
545
3,500
4,881
2,579
592
2,626
1,800
3,239
1,854
16,000
627,500
Gold dust
Germany
18-Str. Westphalia
For. gold coin..
For. gold coin.
France
Am.
Porto Rico
19 -Str. Etna
silv. coin..
For. silv. coin..
For. gold coin..
19—Str. C. of Austin
19—.Schr. ClotUde
20—Str.* Clyde
last season is therefore nearly iEl3, 000,000.
$61,877,998
40.977,110
40.040.323
56.512.170
British
Hayti
West Indies. Am. silv. coin..
Am.silv.com..
Am. silv. com
Am. gold coin..
Ensllab Market Reports— Per Cable.
Silver bullion..
and
London
markets
of
in
the
quotations
closing
The daily
Gold bullion...
Liverpool for the past week, as reported by cable, are shown in 20— Str. Niagivra
For. gold coin..
Cuba
For. gold cein..
summary:
Gennany
20—Str. Neckar
the following
Bank
London Money and Stock Market.— Tha bullion in the
$1,083,892
gold)
and
$1,035,220
silver
week
($29,672
Total for the
Previously reported ($3,381,985 silv. and $4,511,591 gold) .. 7,89b,5/6
of England has increased £3,000 daring the week.
BUver, peroz
Consols for money.
Consols for account
U.S. 5s of 1881
U. S. 4i2S0f 1891
U.S. 48 of 1907
Erie, common stock
niiuois Central
Sat.
M<yn.
Tiies.
(Ted.
Thurs.
Fri.
Aug.
Aug.
Aug.
Aug.
Aug.
Au^.
21.
23.
21.
25.
26.
5213
9715i6
97i5i8
52 19
52 12
52 1«
97^8
97i3ie
07i3io
97%
97%
52 %
.d.
97iai6
971316
.
.lOSSfi
113^8
H312
43\
1 1 BH
60%
Pennsylvania
Phila<teli)liia& ReadinR. 1 2 13
138
New York Central
5213
97i6ie
97I616
97''8
105%
105%
105%
11378
113=8
llS's
11313
inh>
II6I3
60Ja
I2I3
113'8
113=8
4214
1161a
6OI3
11%
60 14
13
1879
1878
1877
1876
105%
113T8
II312
4014
llSia
40
II6I4
$9,733,797
14,563.902
8,426,583
3,296,577
d.
12 6
no\ir(ex. 8tate)^cent'1.12 6
9 7
Wheat. No. l.wh.lOO lb. 9 8
9 1
"
9 1
Spring, No. 2 . .
"
8 9
8 9
Wintor,We8t.,n.
"
8 11
8 11
Southern, new.
"
9 3
9 3
Av.Cal. white..
"
9 9
9 9
Callfoniiaelub.
Com,mlxed,We3t.¥cnt'l 5 Ola 5 1
12 6
9 5
9 1
8 9
.
Sat.
d.
.
.
.
.
Pet'leum, ref ^ gal. .
Peflciun, spirits " ..
.
®
®
d.
12
6
9 4
9 1
8 11
9
9
9
9
5
II2
9
5
Ttiurs.
I.
d.
12
9
6
3
9 1
8 9
8 11
12
9
9
1>2
5
"
6
1
8
8
•'
"
8 10
9
9 9
5 1
9
2
Tues.
66
43
45
59
66
42
43
60
44
01
—
Wed.
d.
«.
6
Tues.
d.
d.
. .
.
.
®
.
..
..
a
.
H
.
»
Thurs.
.
d.
s.
—We call attention
Wed.
Thurs.
Fri.
d.
d
d.
®
..
82
32
09
10
2,164,4.53 51
2,018.197 13
86.559,066
97,365,128
97.798.776
87.897,110
87,237,434
86,382,992
54
3"^
45
38
00
70
6,379,063
6,145,230
6,163,412
6,715.483
6.648.191
6,457,625
49
38
97
43
83
77
6,929,633 02
mortgage 7 per cent bonds, due
Havana Rantoul & Eastern Railroad, now offered
by Messrs. Clark, Post & Martin of this city. The agents state
that the company has earned its interest for the past four years
and 50 per cent additional, and is now earning net double the
interest charges. The company has, in addition to the above,
to the 1st
in 1897, of the
d.
43
62
723,899
700,609
935,593
386,930
803.283 29
19
61
49
53
973,189 82
1,272.349
1,387.363
1,037,234
1,437,435
6,912,904 93
Total
Fri.
s.
66
41
44
02
43
62
®8i8
!
.
d.
06
42
43
60
23...
24...
23...
26...
27...
"
"
2
9
9
9
Aug. 21...
Fri.
d.
s.
—
Man.
44
60
London Petroleum Market.
Mon.
Sal.
(I.
s.
8 9
8 11
s,
Pork, West, mess V bbl 66
Bacon, long clear, cwt.. 42 6
"
44 6
Short clear
Beef, pr. mesa, ^ tierce 59
Lard, prime West, ^cwt.44 6
Cheese. Am. choice " 60 6
Wed.
Tuea.
d.
Liverpool Provisions Market.
Currency.
Gold.
$
Hon.
».
$7,585,801
7,682,033
9,847,241
5,329,784
1871
1870
1869
1868
Balances.
Payments.
Receipts.
Market. —
Sat.
d.
$8,315,020
3.898,430
3,024,393
2,877,031
ll'^s
137 13 136
135
137^ 137
Liverpool Uottm Market—Sea special report on cotton
Liverjiool Breadstuffs
and $5,516,811 gold) ..$8,960,463
Same time in—
Same time in—
1875
1874
1873
1872
The following table shows the receipts and payments at the
Sub-Treasury in this city, as well as the balances in the same,
for each day of the past week:
60 19
60 12
12
.
. .
Tot. since Jan. 1, '80 ($3,413,657 silv.
Same time in—
l«55t
113-8
II3I3
43'8
42
U.S.of Colombia .
67
41
45
62
43
64
a 40 per cent
traffic
guarantee from the Wabash
St.
Louis
&
Paeiftc.
"
3
a
..
..
a
..
BANKIXG AND
FIN-lHiClAL.
"fISK 4:~^HATCH,
BANKERS AND DEALERS IN GOVERNMENT BONDS,
lu^ estment Securities,
No. 5 Nassau Strekt, New York,
And other desirable
C0mmcfclal attd|?a^isceXlaue0US %txvis.
Imports and Exports foe TriE Week. — The imports of last
Buy and sell all issues of Government Bonds, in large or small amomits,
information in
at current market prices, and will be pleased to furuish
reference to all matters connected with Investments in Government
week, compared with those of the preceding week, show
an increase in both dry goods and general merchandise.
The total imports were •'$9,082,752, against $7,362,222 the preceding week and $10,416,778 two weeks previous. The exports
for the week ended Aug. 24 amounted to $7,254,272, against
f 9,369,772 last week and $8,48,5.041 two weeks previous. The
following are the imports at New York for the week ending
(for dry goods) Aug. 19 and for the week ending (for general
merchandise) Aug. 20:
POREION IMPORTS AT NEW YORK FOR THE WEEK.
Bonds.
We are prepared to give information In regard to flrst-class Railway
Securities and to execute orders for the same.
Buy and sell all marketable Stocks and Bonds on commission, at the
Stock Exchange or in the open market.
Receive accounts of Banks, Bankers, Merchants and others, and allow
and for those keeping accounts with us we
interest on daily balances
divicollect U. 8. coupons and registered Interest, and other coupons,
dends, Slc, and credit without charge.
We give special attention to orders from Banks, Bankers, Institu-
1877.
$2,126,038
3,426,000
1878.
$1,706,822
3.225,478
1879.
$2,122,138
4,390,177
$3,088,711
5,994,041
$5,552,053
Total week
Prev. reported.. 215.790,339
$4,932,300
181,882,012
$8,312,315
198.694,768
$9,082,732
319,234,791
Dry Goods
General mdse...
1880.
Total 8'ce Jan. l.$22 1,3 12,417 $136,791,912 $203,207,031 $328,317,543
;
1^
by Wall or Telegraph, to buy
State and Railroad Bonds, Bank
Stocks, Hallroad Stocks, and other securities.
We have issued the Seventh Edition of "Memoranda Concerning
Government Bonds," copies of which can be had on application.
tions
sell
and investors out
of the city,
Government Bonds,
FISK & HATCH.
August
No
THE CHRONICLE.
28, 1880.]
223
were inclined to be strong on the advance in coal prices, but the
fluctuations in Lackawanna and Erie had an unsettling inflaence. Columbus Chicago & Indiana Central stock haa been
strong on the renewed reports of a settlement with the Penn-
national banks organized during the past week.
A pretty clear eihibit of the Pennsylvania
Railroad earnings is given on another page. The meeting of
trunk line managers is reperted as harmonious, and an advance
in freight rates is talked of.
The daily highest and lowest prices have been ai foUowa:
sylvania Railroad.
FRIDAY. Al'CrST
The money market and
27, 1880-5 P. IK.
Financial Situation. There hai*
—
been more animation in Wall Street thi.s week, and a sensation
of small extent has been created by the definite announcement
of the formation of a company to complete a new trunk line to
Buffalo. The road from Binghamton, N. Y., to Buffalo will
Am.Dl9t.Tel.
form, in connection with the Delaware Lackawanna & Western Atl.tPao.Tel
Canada South.
lines, a new route between New York City and Buffalo, which
Cent, of N.J.
it is
reported will^be^about 381 miles, against 434 over the Erie
It is impos-
road and 444 over New York Central & Hudson.
sible to estimate the probable earnings of such a
estimated cost (300 miles, including branches)
line,
when
but
its
finished
is
put at $10,000,000, making an annual intere.st charge of §600,000. The so-called trunk roads, or parts of trunk lines, constructed within the past ten years between New York and
Chicago or New Y'ork and the Lakes, have been conspicuous
failures.
The New York & Oswego Midland has hardly been
the Canada
able to earn more than operating expenses
Southern was scarcely better, while the Baltimore & Ohio line
to Chicago could never have paid interest on its cost out of its
own earnings as an independent road. The significant fact with
all these roads was in
the circumstance that they had
no local traffic; and the great superiority of New York
Central & Hudson over every other trunk line of th^
country has been established by its magnificent local business.
Backed by two such corporations as the Lackawanna
and Wabash, the new road may certainly be well sustained
financially
but the question arises whether Lackawanna really
needs this new connection and whether Wabash could not
make a cheaper arrangement to secure an eastern outlet. One
point seems to be shown up more clearly by this arrangement
than it has ever been heretofore, and that is, the determination of the Wabash managers to secure a line to the seaboard
under their own control, and it leads to the inevitable conclusion that they either have already obtained, or will shortly
endeavor to obtain, one of the lines through Canada from
;
SalunUiy.
Avu]. 2!.
•41
Cent. Pacific.
Che».*Ohlo.,
Do 1st prf
Do iM prf
Ohio. & Alton.
Do
C.R.I. 4H. new 114
Ch.St.L.&N.O
Ch.St.P.M.40
44>|
pref.
83«
Our money market shows a
firmer tendency, and rates on
are about one-half per cent higher than last week, loans
on G-overnment collateral being quoted at 2@2^ per cent and on
stock collaterals at 2^@3^ per cent. Prime paper is in
44?J
Del.&H.Canal
2f*
ITM
8s9 86«
Del.Laoi(.,tW.
90!<
CleT.C.C.4"
72
Col.Chlo.Al.C.
Denver* R.G. 70W 72
Uan.&St.Jo..
Cent.
Illinois
Lake KrieiW
Lake Shore...
Louisv.&Nash
Manhattan
sm
44^ Mii
763 rJk
Tin
771,
2i5>i
25>i
W
7«j(i
96fei
MobileiOhio.
2-i«
37,4
Mo.Kans.iT
75
4t
isji
isji
75),
"1»W 19
zll3X13Hi •113X114
X131«8S»J 182 132
bSH
87Hi
8JX
Sbdi
40
44 !4
4.1
«3hi
73
38W 40
4:% 44Ji
82«
40
44
Sm
mi
72
4IW
87>j
44
4:)
83J<
82
72
70)4
401,
48)<
8->S
70)i
71
70)1
Srtt,
8454
TH
17« 17«
>I«
8«
90
»V% SOU
72U
7,Sh,
71
M>j
32
80)j 821;
tfi
62
85»;
mi
72
tan
39^
18)J
SSJK
vzH 90
72Ji
3S
SHH
8254
S2j«
71!4
92
72
81>i
S3
112" liiu
•is" lis'
'
81
107%
Do
pref.
tJ.Y.Ont.iW
Northern Pac.
Do
pref.
Ohio Central..
Ohio & Miss...
Do
pref.
Pacific Mail..
22)i
110),
nOH
1I0>J
69)4 72
26)J 26«
133" 133i« lSi\i I33h( I3;ji \iiii 131)4 132J< t29)i ISOSi 130
131
42
42« 40 V 42!.i 39H iOH
37J< 39
6«W 1 1^4 eSM 69!
85LJ 87
65V "— '
211
29
25*3 "•
25^1 2S:
23)4 S5H
81
81
:iO
3IH 30
30]
30
30)4 80H
.53 i^ 53
•^49< 53
54
53)j 53)J 53« B8?»
24
22
22
2IK 2114
35>i 36H ZiH 36Ji! 34H 35K
34>i 39
42'
«;
i\%
iik
23Ji
24Ji
23
24
77
77
77
77
77
58«
57><
58^ 57« 55^
77
57
36
Panama
& Read'K
Phil.
72
40J< 41H
185
183
39it ioii
183
1S3
23X 2SH
St.L.A.AT.H
Do
pref.
3t.T,.l.M.S9o.
St.L.Jt S.Fran.
Do
Do
^
mi
94K BBM
86M 36
110
111
111
Mor.A Kssex.
109H 109H lion 112)4 110
Nash.Ch.&StL TiH 74^
ra^ 74)i 72
IVi 71
NewCent.Coal
'i-^ 37)1
2'tX 28)4
N.y.C.iH. It.
N.Y.L.E.iW.
-.ftaH
SH
yn
8K
&«
95« 97^ 95M06M 95H 06«
23
23^
S«« 87Ji 36
37
ii'i 37)4 36
3S
4SM
«2)i
81)4 Slk 81
losjt 07J(10«S 108
108K 107
132
130 ISO
I99K 180 izew
2SM «8M
28M 29
prf,
Mich.Centrai,.
75
44
»3
75« 1SH 75
1S«
Friday.
112
iff*!??**
99" 90ii
9i»«:o6M
120M 120H 120 120 i?Sgi2§g •1I9K203
lUH 114h, 113V 114 V.i luS 114)4 115
9-2H 32Hi
ids'
lOS?^ 109
130
131
pf.
2d
75W 75H
112« 113" lis^iiisji 112)^113
— "^
Mar.AC.lst
8
Do
49H
37 Jt;
37>i
81
pref
Hous.iTex.C.
4S!<
Tkurtiny,
35.
112
iao>4
114
37i(
pref.
Do
^uj.
8«H vmi 88
pref.
Do
nVdnetd
AUQ. M.
"117 lis
llBJi 117
132 :33)« 133 1.33)^
132
38
47
pref.
4««
76
1st prf.
I«
IH
IJnion Pacific. 95
95^ 94
93M 984s 9414
Wab.St.L.&P. V\H 41M 39^ 41
40H
Do
pref. 71>i l\li 70H 7IJ< 69 )J
West. Un.Tei. 106% 107>^ I0«^ 107 105JS' 6»S
Sutro Tunnel.
call
iia
nil
Chlc.AN. W..
Do
Tuttday,
la.
WH
18H
25
20
Chlc.Bur.&Q.
Chlc.M.ASt.P
;
Detroit to Buffalo.
«S
Moniay.
Aug.
*
1«
These are the prices bid and asked: no
iiaU iras
made
at the Board.
week ending Thursday,
the year 1879 and from Jan. 1, 1880,
Total sales of leading stocks for the
and the range in prices for
demand at 5@5/^ per cent.
The Bank of England weekly statement on Thursday to date, were as follows:
showed a gain of £3,000 for the week, and the reserve is now
Sales of
52^ per cent of liabilities against 51% per cent last week the
Week,
,>
Range
•
•
.
,^^^
stnee Jan. 1, 1880.
I
I
Xangefor
Tear 1S79.
;
discount rate remains at 2/^ per cent.
The last statement of the New York City Clearing House
banks, issued August 21, showed a decrease of $2,6.52,075 in the
surplus over legal reserve, the total surplus being $7,317,925,
agamst $9,970,000 the previous week.
The following table shows the changes from the prenous week
and a comparison with the two preceding years.
1880.
Aug. 21.
1879.
Differences ff' in
previous week.
Aici/.
23.
1878.
Aug.
24.
Loans and dig. *310.666,300ltnc .$4,174,500 .$263,57O,100l$236,994,300
Specie
Circulation
Net
..
depo.sita
.
Legal tenders.
Leg.al reservo.
Eeserve
Burpliis
lield.
6G.717.500iDeo. 1,013.400
19.428, lOOjIuc.
4(>,500
298,G15,1001Doo.
70,500
15,251,200 Dec. 1,057,800
$74,653,775 Dec.
$19,125
81,971,700 Dee. 2,671,200
19.631,100
20,827,500
235,953,900
41,838,600
$7.317.925 Dec.$2,632.0~5
$2,481,22.5
$58,938,475
61.469,700
18,662,800
19,305,600
216,088,500
55,059,800
$34,022,125
73,722,600
Shares.
Canada Southern.
Chicago
$10,700.4
—
&
Alton
Chic. Burl. & Quincy
Chic. MU.& St. P....
Do
do pref.
Chic.
Northw
Do
do pref.
*Cblc. Rock T.& Pac
Col. Chic.A- lud.Cent.
Del.
Hudson C.^ua!
Del. Lack.
Western
Hanuibal & St. Jo...
Do
do pref.
&
&
&
Central
I.,ake Erie & Westeru
Lake Shore
Illinois
Louisville
&
Nasliv..
Manhattan
Michigan Central
Missouri Kau. & Tex
&
Es.sex
Nashv.Chatt.&St.L.
N.Y.Ceut.&Hurt.Riv
N.Y. Lake E.& West.
Do
do pref.
Northeni PaciHc
Ballroad and miHcellaneou* Stocks The stock market
has been more active, but irregular, and for the past day or two
Do
pref.
rather weak. The chief event has been the combination between
Ohio & Miasissippi
Waba.sh and Lackawanna parties to build a new line from Buf- Pacific Mail
falo, and on this Erie has fallen off quite sharply, while Central Panama
Phila. & Reading....
has also yielded in price. The matter was at first believed to 8t,L.rron Mt.&South,
St. L.& San Francisco
be a mere stock-jobbing operation, but afterward it a.ssumed
pref.
Do
Do Ist pref.
too positive a shape to be sniffed at. It
.
is
pertinent, however,
Dnion Paoiflo
Lowest.
40
Highest.
Maj-
45 May
475 99>3 Jan.
7,398 113 Juue 2
85,485 66 13 May 25
350 99 May 10
23,927 8718 July 9
1,415 104 Fel). 10
4,861 1001-3 June 11
gijMay 11
14,330
31,455 60 May 23
209.170 68I2 May 25
41,195 22''a May 25
24,455 63 Hi May
4.500 9913 Jan. 2
3,100 20i4May 11
21,406 95 Juue 2
2,905 86i« Jan. 8
22,055 21 July 22
18,260 73 May 17
18,075 2818 Mav 25
May 24
15,: 66 100
41,000 47 12 June 1
14,173 122 May 11
286,760 30 Juue 1
9,100 47 May 25
2,180 20 May II
76,990
Central of N. J
Morris
I
500
.
"
4.3.54
93,700
9,000
39% Mav 24
Mav 25
23
271a May 17
200 169 Jan. 2
11.110 13i«July 2
22,880 34 1» M.iy 25
100
800
2,695
19,020
Low.\ High
limMar.
67
35
1641s Apr.
5713 Mar. 16 35
98 14 Aug. 2 73%
4914 Jan. 271 5%
II2I1 Aug. 25 75ifl
128 Mar. 5 354
137
108
891a
72 14
98
35%
104^
Mar. 31 112
83
139
13
f>«
21% 49
4878 Felj.
73^8 Feb. »> 371« 78%
36 Jan. 14 tlti
401s
60 Jan. 13 r44i4 63
4413 Mar. «
7% 33^
62 Mar. « 10»8 S»ia
190 Apr. 13 123 182
72^8 Jan. 3
66
Feb."
17
May 1 48 Feb. 2
May II 6OI4 Mar. 8
60 May 11 831a Mar. 9
80 May 11 9738 J«n. 19
261a May 23 48 Jan. ?7
5I14 May 25 731a Aug. 5
86^ June 2 llBHi Feb. 24
25 14
33
|
74I2 Jan. 14 4514I 781a
90 14 Mar. 8 331a; 89''8
100 14
Aug.
118
152 J^n. 26 111% 1341a
91 H Aug. 7i 34% 8216
1121a Aug. 6 74% 102%
101 '8 Aug. 7, 4919 941a
125% Aug. 6 76''8 108
204 June 8 119 1501a
25I6 Jan. 26,
!5
28
8918
87 Aug. 23 38
94
94^8 Mar. 221 43
421a Feb. 24! I3I4 411a
70%
86's Aug. 27; 34
113''8 Aug. 23' 79 14 100%
3839 Mar. 4 116
281a
3%
4%
9%
67i«
53
60 la
781a
93
remark that the advance in Hannibal & Wab. St. L. & Pacific 11,562
Do
do pref. 23,700
St. Joseph to-day is based on the report of a business negotia88<>B 116
8,900
Western Union Tel..
tion with the Chicago Burlington & Quincy which involves the
• Lowest price here is for new stock, sold for flrst time June 11.
giving up of the new proposed line to Chicago, which a fort: Range from July 30.
t Range from Sept. 25.
night ago was accepted as a fixed fact and not less certain
United States Bonds. There has been a better demand for
than this present Binghamton project. The average stock- Government bonds this week, and prices are firmly held.
broker necessarily grows to be incredulous. The coal stocks At the Treasury purchase for the sinking fund on Wednesday
in this connection to
—
THE (JHUONICLE.
224
The
There were
the offers to sell bonds amounted to $7,122,350.
6s
accepted $2,500,000 in all, divided as follows, viz.: $2,282,100
102-77@102-78,
of 1881, at 104-77 to 104-80, $183,900 5s of 1881, at
total of
aiid $34,000 6s of 1880, at 102-375@102-50, making a
f2,500,000.
The closing prices at the
1880
68,1880
68, 1881
68, 1881
58,1881
68, 1881
4HS8, 1891
4ia8, 1891
4s, 1907
4s, 1907
«
Aug.
21.
Aug.
Aug.
Aug.
25.
26.
27.
reg.
coup.
reg.
102=8*10268 "102 3t
110>4
110 *110
lllk *1113s
111
log's *109''e 110
10973 "log's 110
"12.5
1251s 125
•I25I2 126
"125
"125 "126i2"127
"125 *127 13*128
"125 "128ial*129
coup.
reg.
coup
reg
coup.
1895.. reg.
1896.. reg.
1897.. reg.
1898.. reg.
1899.. reg.
Range
101% July
68,1880... cp.
68,1881... cp.
68,1881... .cp.
41x8,1891. .cp.
43,1907... .cp.
May 20
May 26
July
10259Aug.
10638 Jan.
103 Jan.
6i,cur'ncy reg. 125 Apr.
103''8
Apr. 28
Aug. 2
Aug. 26
Aug.
5
'127
'128
amount
were as follows
1.
:
1880.
Coupon
Registered.
Highest.
27 104 's
9 10718
4 10418
2 1113s
2 110
21 128
1880,
126
128
129
A^nount Aug.
since Jan, 1, 1880.
Lowest.
1,
125I2
127
The range
of each class of bonds outstanding Aug.
125
125
12c
'125
>126
>127
•128
'129
$2,900,000
54,2g2,260
$12,657,000
164,629,950
295,207,500
171,999,000
530,386,100
64,623,512
188,922,0.50
78,001,000
207,794,350
Closing prices of securities in London for three weeks past and
the range since January
1,
1880, were as follows:
Aug. Aug. Aug.
Range
since Jan.
Lowest.
1,
1880.
nigJiest.
I
Apr. 15 load's Jan. 12
Jan. 2 114'8 Aug. 3
II3I4I11313 11313 IO6I4 Jan. 2lll3% Aug. 19
105% 105% 105% 10413
xl3% 113% 113-'b log's
U.S. 58 of 1381...
U.S. 4i38 0f 1891.
U.S. 4s of 1907...
State
27.
20.
13.
and Railroad Bonds. —The
sales [of
Southern
State
bonds have been moderate, but the prices are generally held
pretty firmly, with the hopes that there will be a better senti-
ment
in regard to the State debts after the
The two great
tions.
to be settled
States
approaching
elec-
where the debt question remains
—Virginia and Tennessee— are in much better con-
three years ago, and it is believed
the " readjusters" are well defeated in the first-named
State, the influence of the victory will go far towards effecting
a settlement in all the other States of the South that are yet in
dition
that
now than they were
if
default.
Eailroad bonds are in good demand, as usual, and the only
good bonds which will pay near 6 per cent
interest. The Erie second consolidated bonds have fallen off
sharply with the stock, in consequence of the new company
organized to buUd a competing line from Buffalo to Binghamdifficulty is to find
ton.
Nearly
all
the bankers having new bonds for sale have
lately advanced their prices.
The
following securities were sold at auction
:
Shares.
20 Knickerbocker
Fire Ins.
10 Commercial Fire Ins
..
64
IOOI4
|
I
1,000 Gr. Duchess Min., 50c. p. sh.
66 Brooklyn City KR
166
Exchange.—Foreign exchange has been
dull
and
rates
have
further declined, both the actual prices and bankers' quotations.
Bankers' 60 days sterling bills are now sold about 4 803^
@4 81 and demand at 4 83@4 83^. The import of specie on
Thursday included about $3,250,000 gold and to-day $576,500.
The following were the rates of domestic exchange on New
York at the undermentioned cities to-day Savannah, buying
/4 discount, selling par; Charleston, buying ^^@3-16, selling ^,
premium; New Orleans commercial 100@150 premium, bank
250 premium ; Chicago, 100@125 discount; Boston, 40c. dis:
count.
-
Quotations for foreign exchange are as follows
Aug. 27.
Sixty Days.
Prime bankers' sterling bills on London. 4 81 ®4 82J
Prime commercial
4 80i2®4 81
Documentary commercial
4 79io®4 80
Pai'is (fraucs)
o26'8 ©52439
Amsterdam (guilders)
3958® 39'8
Frankfort (reicUmarks)
9359^ 9414
Bremen (reiclimarks)
935b® 9414
The following are quotations
Sovereigns
$4 83 ®$4 86
Napoleons
3 83 © 3 86
X X Keichmarks. 4 74 -a) 4 76
X Guilders
3 g6 ai 4 00
8pan'hDoubloon8.15 55 ®15 70
Mex. Doubloons.. 15 55 ®15 60
Fine silver bars
1 1312® 1 14
Flue gold bars.
par® 14 prem.
Dimes & I2 dimes.
99 %® i);ir.
.
—
Demand.
4 83i4®4 84
4 821s®4 83
4 82 ®4 82ia
5 2438S5 21'9
Cairo & St. I>oui8. 1st wk
Carolina Central. May
Central Pivclttc.July
9434
94%
Aug
^—Jan. 1 to
1880.
latest dalt.—^
1879.
$220,142
499,042
2,753,019
1,884,409
715,486
336,277
808,966
139,293
179,645
9,314,241
986,191
3,005,282
0,510,239
491,673
5,2»8.391
8,274,563
635,594
.
.
.
.
Boston Banks._The
following are the totals of the Boston
banks for a series of weeks past
"
3..
10..
17..
24..
"
SI..
June
7.
14.
21..
28..
'•
"
"
"
"
Specie.
6,670,700
6.944.300
6,733,700
6,768,300
6,402,300
6,202,800
6.203,200
July
"
"
B..
12.
19.
26..
Aug.
a.
"
16..
23..
••
~ii^ Other
«
141,8-31,900
141,179.800
140,837,600
141,880.400
143,799,100
144,541,600
145,258,100
145.518.200
145.795,800
140,955,800
14.8,056,800
147,343,400
Deposits.* Circulation. Agg. Clear.
L. Tenders.
$
Loans.
$
138,815.300
140,185.100
140.242,500
138,942,000
139,919,500
1880.
May
6.11.5,900
6,078,800
8,308,000
5,830,900
6,256,400
6,617,900
6,365,200
6,178,400
6,349,000
5,901,100
*
1,983.100
1,757,500
54,217,800
64.400,100
,1588,000
55.151,.S00
1,880,800
2,471,800
2,717.200
3,388,300
3,693,700
3,978,200
54.324,200
1
5:J,879,200
54,125,;«X)
4,877.800
54,175,300
53,873,800
53,878.800
53.701,800
53.650.100
4,124.(X)0
54.727..^00
4.124,200
4,093,500
3,547,100
3,182,900
2,991,900
55,a20,800
54.579.400
54,020,300
55,688,100
56,002,600
4,131, 9(KI
than Government and banks,
PUladelpbla Banka. — The
less
31,178,200
31,123.100
31,093,100
31,001,000
31,136.200
31,144,800
31,172,400
30.889,200
;W,664.6IX)
30,730.500
80.573,400
30,497,400
30,514,800
.S0,344,200
29,640.100
30,496.2(10
30,378,300
Loans.
»
1880.
"
"
"
3
10...
17
24
31
Five francs
" 28
July 5
•' 12
" 19
" 28
"
'
14
21
.
.
..
.
..
. .
....
....
....
....
....
....
....
...
....
Aug. 2
•
"
"
9
16
23
....
....
....
89,515.412
68.870,718
6S.4 18,002
08,089.081
67.457,122
67.823 238
67,3:tS.982
67,842.597
67,603,460
87,873,399
88,022.417
87.736,302
67,444,957
67.591.981
68.359,388
69.148,060
69,591,147
L.
ft3,053,381
66,194,525
64.342,000
60,058,961
45,785,536
66.670,704
53.507,387
53,830,062
51.328,137
65,016.453
53.228.399
8«..347,Tr4
56,346,126
50,882,884
62.618,237
58,477.793
58,143,856
ClearlnB-Housc checks,
totals of the Philadelphia
are as follows
June 7
,33
35,5.59
.
^32,790 $332,292
662,324
80,926
410,808 3,704,353
301,272 2,417,321
102,247
902,511
39,185
401,150
24,276 1,194,830
222.443
0,594
23,587
191,731
1,458,833 10,244,255
.
gold for various coins
Silver 14s and i^s. — 9g%®
— 92 ®—par.
95
Mexican dollure.. — 8g ® — 90
Do unoonuuerc'l. — 8'7 ® —
English silver
4 70 ® 4 80
Prus. silv. thalera. — 67 » — 69
— 99I4® — 99
Trade dollars
New silver dollars — 99% ®par. ij
iH7,525
110,935
720,000
364,109
133,764
52,603
9,918
23,511
1,760,000
235.525 17'1.383 1,494,560
July
Che8..&Ohlo
Chicago & Alton .2d wk Aug. 197,527 151,554 4,467,-539
1,434,515 1.160,968 8,148,763
Chic. Burl. &Q... June
16,492
706,631
33,535
Chic. & East. fU.. 2d wk Aug.
Chio.Mil.&St. P.3awkAug. 223,000 161,875 7,138,000
10,120,326
1,314,231
1,716,581
Noithw..July
Chic. <fe
29,503
19,432
891,627
Chic.St.P.Min&0.3awkAug.
9,118
12,636
Chic. &W. Mich.. 3d wk July
245,060 197,464
Cin. Ham. & D...Julv
21,050
27,543
Cin.Sand.& Clev.l2dy8 July
527,251
427.207
18,179
17,839
Cin. & Bpringt. ..3dwkAug.
81,389 2,538.931 2,010,415
91,627
Clev.Col.Cin.&I.SdwkAug.
6,727
246,054
219,356
6,905
Clev.Mt.V.&Del.lstwkAug
5.'.9,555
107,gg4
76,608 i07,gg4
576,217
Del.&H.Can.. Pa.Div.. June
85,170
28,449 1,703,176
Denver & Rio Gr 3d wk Aug.
'70,354
70,354
1,238,533
308,683
140,900
Denv.S.P'k&Pac.July
30,043
32,387
Det. Lans. & No. .4th wk J'ly
15,031
556,025
568,447
18,638
Dubuqne&S.City .2d wk AUg.
July
281,842 247,633 1,613,051 .1,363,825
Eastern
19,849
913,981
636,686
31.484
FUnt & Pere Mar. 2d wk Aug.
91,482
g2,452
Gal. Har.i San A. J uue
Grand Trunk. Wk.end.,\ug.l4 217,712 161.210 6,178,925 5,69i',937
78,227 2,950,121 2,498,911
Gr't Western. Wk.cud.Aug.l3 100,156
32,939 1,402,135 1,058,746
52,961
Hannibal & St. Jo 2d wk Aug.
195.329 163,798 1,460,333 1,202,674
Houst. & Texas C.June
561,339 468,017 3,361,533 2,996,477
Illinois Cen.(IU.). July
884,348
804,675
130.248 105,233
Do
(Iowa). July
727.609
661,502
26.663
27,486
Indiana Bl. & W. .2d wk Aug.
859,825
36,40;"
27.922
927,338
Int. & Gt. North .3d wk Aug.
650,161
459.876
12,752
20,152
K. C. Ft. B.& Gulf, let wk Aug
417,125
256,101
8,830
14,051
Kan8.C.L.aw.&So.lst wk Aug
15,033
31,803
Lake ErlcA West.2d wk Aug.
176!2'l'8
106,441
14,690
21,471
Little Rk. & Ft. 8. May
92,738 5,196,280 3,316.017
Louisv. & Nashv.Sd wk Aug. 16g,3()q
f
36.626
g,134
Memp. ACharl. .2 wks Aug.
225!'281
352,953
9,689
14,588
Minn. & St. Louis. 3d wk July
07,335 2,549,178 l,0g7,964
87,550
Mo. Kan.& Texas. 3d wk Aug.
24,489 1,191,858 l,017,8:i9
29,164
'^d wk Aug.
Mobile & Oluo
971,477
151,594 133.590 1,176,299
Nashv.Ch.&St.L.July
189.131
323,g74
33,300
50,228
N.Y.& Canada.. June
2,863,316 2.ig4,422 18,605,794 15,352,3gO
N. Y. Cent. & Hud. JiUy
1,661,812 l,230,4ig 9,091,064 7,665,093
N.Y. L. Erie & W.June
207,712 189,003
N.Y.&N. Engl'd.July
450,298 324.425 2,666,088 2,158,945
NorthernCentral.Jnly
901,566
235,248 ig2.324 1,145,279
Northern Pacific .July
307,439
229,385
11.811
11,347
Ogd. AL. Champ. 2d wk Aug.
210,0.55
156,783
27,290
31,738
Pad.&Elizabotht.JuIy
117,215
91,884
2,984
3,851
Pad. & Memphis..] St wk Aug
22,883,715
18,196,964
2,782,906
3,449,644
Pamuylvanla . . .July
3,032
11,104
Peoria Dec. &Ev. 2d wk Aug.
308,699 241,018 2,083,496 1.595,102
Philadel.A Erie.. July
1,282,835 1,303.522 9,472,302 7,998,190
Phlla.A Reading. July
270,972
38,251
316,639
54,660
Pitts. Titu,sv. & B.July
14,709
18,596
Ports.GtF.&Con.July
„--v-,vA
622,300
118,709
837,238
148,325
Rensselaer &Sar. June
22,55.-)
560,275
848,251
32,543
8t.L.Alt.&T.H. ..3dwkAug.
301,674
369,360
10,266
14,030
(brchs).2dwk.\ug.
Do
Aug. 144.898 101,329 3,318,034 2,464,351
St.L.
- Iron Mt.&S.2dwk
766,936
1,505,290
43,133
60,963
St. L. & Sin Fran 3d wk Aug.
44,193 1,828,163
56,258
St.P.Mina.&Man.2d wk Aug.
256,530
50,383
St.Paul&Duluth.June
645,390
832,224
22.585
24,418
8t.P.iul&S.0ity..3dwkAug.
166,339
191,316
6.217
6,467
Scioto Valley ....3d wk Aug.
519,000 219,513
South. Pac.ofCal. July
38,872
51,074
Texas AP-aciflo.. 2a wk Aug.
867,149
755,863
31,375
34,619
rol.Peorla*War.3dwkAug.
1,988,000 1,431.000
.July
Union Pacific
Wab.8t.L.&Pac.2dwkAug. 274,417 186,369 6,914.749 4,682,859
40% May
•
in
—
Weekorllo.
Ala.Gt.Sonthem.July
Albany &Su8n ..June
Atoh.Ton.AS.Fe.June
Atl.&Gt.We8t....Juue
Atl.Mis.s.& Ohio. June
Atl. &Char.Air-L.Junc
Bur.C.Kap.&No..2dwlcAug.
"
:
39'8a
94I8®
9418®
from which returns can be obtained.
Latest earnings reported.
1880.
1879.
.
110
110
110
log's 110
all railroads
Jan. 1 to latest date" furnish
the gross earnings from Jan. 1 to, and including, the period
mentioned in the second column.
11136*111%
the price bid : no tale -was made at the Board.
in prices since January 1, 1880, and the
Is
earnings of
'102% 10268"10259
llOlS 11038
110
'11116
•I09's
and the totals from Jan. 1 to
The statement includes the gross
given below.
The columns under the heading "
have been as follows:
Aitg.
24.
Aiig.
23.
Vol. XXXI,
latest railK)ad earnings
latest dates are
*102i4 *102i4 '102>4 'IO214 'IO214 'IO214
10214 IO2I4 IO214 102 14 '102 14 '102 14
104 Sfi "10458 104% 104% 10459 10459
10158, 104 5t '1013i 104% 10459 10459
10258"1025e '10231 •102% *10259'10258
conp.
cur'cy,
cur'cy,
cur'cy,
cur'cy,
cur'oy,
This
Interest
Periods.
reg.
«B,
6s,
68,
68,
68,
6a,
New York Board
I
Tetiders.
Deposits.
t
15,627,222
16.210.3:«
10,:iS«,658
16.248.,S30
17.881,002
17.857.324
18.359,302
18,196,787
19,120.748
19.679.612
20,088.506
20.573.774
20,911,011
21.237,201
20,666,348
30,216.8»9
19,825,220
56,848.122
56 644,a8S
57.002.521
56,751 .958
57 795.449
57.872.685
57.674.977
57.479.26]
58,974,381
59,831 ,205
59,619.066
Circulation.
t
12.124,531
12,119.305
12.118.364
12.103.209
12.111.790
12.087.538
12,0.85.896
12.093.024
12.219.8:14
12.208,881
12,203.979
6(l,0:i4,6O3
12,18-1,1)61
60,112,851
60.2'«.773
60,351,479
60,880,934
60,653,997
12 189,049
12.199,«80
13,154,016
12.122 670
12,138,812
banks
Agg. Clear.
47,709,464
53,854.569
49.143.418
51.787.217
40.559,05*
47,734.704
38.537.916
42,848.135
41.410,608
46,852,023
!t4,B54,644
,S9.599,2«8
43.804,388
86,101,31)6
43,-20.]2a
.19.159.731
38,304,' 61
Adgust
THE CHRONICLE.
28, 1880.]
—
New York City Bank*. The following statement shows
the condition of the Associated Banks of New York City for the
week ending at the commencement of business on Aug. 21, 1880.
Average amount of
CapUat. Loans and
di»counU.
lfetdept'$
r.™i
Specie,
Circulo-
TeiuUri. than U. S.
tion.
225
Bixrw, PUILlOKLPiIIK.
(OITBITIU.
Bid
Nashuaft Lowell
116
Sew York
39
100
New Kugland...
New Hampshire
Bte.-Oaatlnueil.
(onmmB*.
^ilc.
8»^
Phil.* Road. Bcrlp,
OH
81
.
New York
Manhattan
Merchants
Co...
Mechanics'.-
Union
America
Pfaoenlz
City
Tradesmen's.
Fulton
Chemical
Mcrch'nts' Exch.
Gallatin Natlon'l
1,200,000
3,000,000
1,000,000
1,000,000
1,000,000
800,000
300,000
1,000,000
1,000,000
800,000
200,000
Bntchers'&DrOT
Mechanics' & Tr
Greenwich
2011,000
Leather Man'f'rs
muMV,
Seventh Ward..
300,000
Btateof N.York.
800,000
American Bxch.. 5,000.000
Commerce..
5,000,000
Broadway..
1,000.000
Mercantile..
Pacillo
Republic
Chatham
People's
North America.
Hanover
Irvioff
Metropolitan
,
.
Citizens'
Nassau
Market
St.
Nicholas
Shoe A Leather.,
Corn Kxchange.,
Continental
Oriental
Marine
Importers'
&
Tr.
Park
Mech. Bk(t. Ass'n
North Hiver
Bast River
Fourth .\ational.
Central Nat
Second Natlon'l.
Ninth National..
First National..
Third National ..
N. Y. Nat. ISxch..
Bowery National
N. York County..
Germ'n Americ'n
Chase National..
Fifth Avenue....
Total
1,000,000
422,700
1,600,000
450,000
412,500
700,000
1,000,000
500,000
3,000.000
800,000
1,000,000
600,000
500,000
500,000
1,000,000
1,000,000
300,000
400,000
1,500,000
2,000,000
500.000
240.000
250,000
3,200,000
2,000,000
300,000
750.000
500,000
1,000,000
300,000
250,000
200,000
750,000
300,000
100,000
*
t
2,005.000
757.200
2,187.500
1,144,000
870,800
1,898.700
938,000
2.390,900
550,100
580.000
3, 139.000
707,200
632,200
9,402,000
0,821.100
8.118,900
7,313,000
4,7li3,800
9,889.700
3,492,000
8,820,500
3,378.500
1,582.900
12.277,600
4,.380.500
4,210.800
1,425.100
908,000
291.000
1,11.600
311.600
423,000
179,800
328,400
38.0(XI
110,000
49,300
133.900
209,8IKI
304,000
132,200
47,000
139.000
213,100
122,800
78.000
87,300
268.000
902,800
552,800
200,800
180.000
127.700
200,000
149,800
197,000
615,100
311,600
94.000
180,800
104.400
102,200
03,200
110.000
72.000
174.800
3,50,600
109,000
18,300
406,000
997.300
3.o:t8,200
8>(4.000
14'i,500
8?2,.S00
S.51S.200
3.515.000
4,852,100
833.800
612.700
15,9;)2.(;00
14,8S8,700
5,11.1,900
3,042,500
2.2911, 1(K)
500.<100
5.087,400
507.300
906,900
141,800
182,000
3,2;iO,80C
1,360.300
2,387,700
7,«39,700
8,012,500
13,218,000
1,339,300
515.800
3,325.0*
1,KM.600
279,100
288.100
472.100
433,200
729,000
2.313,900
2.077.800
2.283.100
3.210,500
3.887,800
5.519.200
1.807,800
3,651 ,000
20,H88,2ao
17,790,500
2'.i3,00«
l,54l,5ul>
30.300
713.000
5 878,200
2.741,500
147,600
34,200
101.000
4,349.400
1,276,000
481.000
1,270,300
3,524,400
3,151.600
153,900
30.000
21,700
925.400
907,600
943,000
17.288,900
9,008,000
2,250.000
4.702,800
13.892.700
9,314,300
1,370,800
1.410.900
1.37^.500
2.342.200
3,582,700
1,435,700
$
9,920,000
4,903.800
7,748,200
6,091,000
8,913,800
7,645.100
3,493,000
9,287.000
2,422.500
1,386,800
12,435.500
3,913,500
2,621,800
2.16,300
323.000
620.500
1,907,100
16,600
151.300
73.000
891,900
782,000
232,000
8'J8.800
7:«),300
345,800
1,310,800
908,000
902,400
2.287,600
827,600
2,859.000
13,408,000
11,702,400
4,232,800
3.653.700
2.374.«0C
2.728,800
3.749.000
1.323.30U
2,309.100
7,474,300
2,954,000
13,332,000
1,810,500
2,182,200
2,173.400
1,941.500
3,277,000
2.391.700
5.940,000
1,500.000
4.119,000
24,135.300
20,472,100
287.500
896,700
3,'«1.700
82,000
808,000
384,700
160.700
279,900
42,000
575,70C'
1,046.800
700,000
17,484.900
9,154,000
2,723,000
5,322.400
13.194.800
10,915.000
1.019.100
1,201,000
1,430.600
2,173.300
3.940.800
1,508,100
t
495,000
400
683,9(X)
44,500
1,100
267,000
IW'f.iiOO
698.500
247,100
180.000
2,700
480,000
38.000
58C.000
448.000
1.308.100
900.000
180,000
l,125,bo6
45,000
5,400
800,000
428,000
45.000
270,0, JO
3,900
432,700
450,0,(0
460,0(X)
4,800
780,3j0
180,000
1,099,4110
527,800
138,300
225,0(10
810,000
1,481,000
43,000
90,000
450,000
800,000
270. OUO
223,0 JO
180,000
154,800
deviations from returns of previous week are as follows
Loans and discounts
Inc. 14.174.500 Net deposits
Dec.
$76,300
:
i
The following
1,813,400
l,o57,S0C
1
Circulation
loc.
46,500
1
are the totals for a series of
weeks
past:
Loans.
Speck.
L. Tenders. Deposits. Circulation. Aqq. Clear.
1880
Jan. io.... 276, 16,100 51,473,500 14,097.800 246,995,600 23,812,900 657,005 280
1
..
^1
Feb.
IT----^™'"*''"*'*'
24.... 280,088,600
53,558,800
31....2S).1»4.500
'7.... 290,381 ,600
60.312.800
52,994,600
a,.,...„.^.^
15,914,200
17.143.500
18,588,000
16,437,000
51,a32,1200
...
263,731,900
237,483.700
239,873,900
284,404,200
21,633,900
21,882,900
21,329,000
21,683,200
_
___
787,728,198
743125031
772 270,805
720,978.130
,,^453357
705,314.111
Mar.
6....267.'r.'i5!66o
wioSSiooO
12!i30',400
)S.--^.'«^.'^'>0
57,927,900
55,440,100
11,652,400
11,555,100
1I,2T2,500
10,847,500
11,935,900
^•^•i':?-*^
W.'!'73..S00
.
„^^----SS'§S5''^<'"
April
3 ...290.639,500 53,860,800
52.023.600
50,050.800
271 !4«,3'.40()
270,a81,000
264,338,200
IllooJllOO
20,987,100
20,973,800
260,340,.5OO
20,995200
259,308 800
20981600
893'oi4!o25
827 801840
748,481.804
614,453 987
771019 670
20,987,900 810774898
20,843,000 849,817403
48,a,S3,600 15,432,100
20,812,800 720 947,846
».
'",----?,L'i'*y'"^*'
49.408,500
17,014,000
252.572.'200
^^7 1----S0.43fl.300
20,846.200 897 4,35 051
" .^•.^i'li.'l'l'S ^2-?Sl-SSS 17,237,100 268,323,000 20,572,900 790.386,560
.56,-,278.000
10.'i29.300 261,075,000 20,498,400 867,832,049
i.?----?!g-5'*-''"<'
'
22.... 272,230,800 56.831.900 21,689.500 268,325,700 20,304,000 750515331
29. ...2,3,218,400 59.271,700 22.347,400 262,762,800 20,'238.100 795 990 873
'".'?® ,S---2'*'-'>S*-''00 61,109.(»0 al,934,800 266,8:19,000 20,030,9-JO 6r^ SM 131
12 ...279,263,700 6:1,192.700 •22,221.:*)0 271,0-28.500 10,6,82,500 73V,534'5:«
..
10- -.-288.075,100 01,450.000 22,081,300 278.148,700 19,694.900 618,148 241
26....28.,,»05.100 85,210,100 21,715,800 277,770,800 19,620,000 607,558 081
T .
^^}J 3- ---291, 784.300 68.18,8.600 20,684,800 283,07.8,300 19 572 000 711 472 517
10....2?3,4-J8,500 70,822,100 10,624,800 200,714,700 19,523,800 452,751881
..
20,915,400 202,2.38,.-)00 19,488,700 5804810:12
..
V,----^.-W^ 70,015,500
..
S^'-'-^i'SH'S**" ''0.058,000 20,351,200 201,270,000 19,463,S00 625,018.274
»,., ^i-'-'SST'^S'SS g«.037.700 20,6:!1,3IK) 201,306,500 10,477600 686 640882
17,n5,lK»
"''•l7----|S^';S?'S2 SS-IS5-'""' 18.312.000 -297,024,'200 lO.J.'WlOO 844 300 907
20N.801,800 19.381600 551 9-i3 441
••
9V---^'1£,>-'S,'!,
21.... 310,806,300 "«l-^.«'»
86,717,500 15,254,200 208.615,100 10,428,100 480 783 180
.
,'5----S?''''''*-*W
!?••?&'•**•'**'
13„S68,0(X)
2,56,287,800
253.519,800
248,896.700
QUOTATIONS IN BOSTON. PHILADELPHIA AND OTHER CITIES
exouBiTisa,
Bid. Ask.
Bid. Ask.
Old Colony, 7b
OH Colony, 68
Omaha ft 8. Western, 8s ....
Pueblo & Ark, Valley, 7s
Kiuland 63, Ist mort
BOSTON.
Atch.
BsouRrTias.
& Topeka 1st ra. 78
do
land grant 7s
do
ad78
11»X
do
land Inc. Ss..
BoBton & Maine 7s
122'
liostoQ a Albany 7s
do
es
Boston & Lowell's..
Vermont « Canada, new
Vermont ft Mass. KB., 68
88..
STOCKS.
Atchlron ft Toneka
x 118«
Atjliloift N'euraaka
80
d-i
Ss
;.!
Boston ft Albany
boston & Providence 7»
Boston ft Lowei"
90«
Burl. A Mo., land grant 7«.
;i5
Bostonft Maine
133
do
Kebr.6s
Ex 110 llOH Boston & Providence
i3e«
do
Nebr.es
:o3x
Cheshire preferred
SI
Conn. A Patsumpslc. 7s, 189;. 111
Chic. Clinton Dub. ft MIn ...
Kastero, Mass., 4)4», new. ... »4«
Clu. Sandusky ft cier
Fltchborgl{B.,6e
Concord
x 89
do
7s
Connecticut River
148
Fort Scott iOulf 7«
Conn, ft Passumnsic.,.
Hartford & Erie 78
Eaalert (Mass.l
'....
30Ji
Han. City Top. « w ., 7s, Ist
117
Bastern (New Hampshire)
'*''
''• '°e..
Fllchburg
IT ,...'''',
128K
K.
city Lawrence ft So. 4?...
92*< Fort Scott ft Gulf, pruf
x 101
Kaa.Olly. St. .Jo.&C. B. Is.
tl4^i
do
common. 52
Little K'k ft Ft. Smith, 7B,lst 113X 10I«
K.C. Law ft Southern. Kx.R 89
Ijcw \ ork ft New Kng. 7s.
111
Little Rock ft Fort Smith ...
63
"'""nsniirj; ft l.«lce Ch.88...
Manchester ft Lawrence
I....
.
.
MM
I
.
.
so
'**'
•••
wi
84
84
W\
dchuyik. Nav.lst
...*.
CalawlBBB.....
pref
do
new pref
do
Delaware ft Bound Brook....
East Penasylvania
Elmlra ft Wlllianisport..
. . . .
pref..
do
ao
Har P. Mt. Joy ft Lancaster,
Huntingdon* Broad Top...
pref.
do
do
Lehigh Valley
Little SchnylKlU
B3H
70
89
•..
....
120
....
....
35W
89
70**
6s, hoatftcar,rg.,1913
7s, boatftcar.rg., 191.1
;9;8 .*
si
50
7S
BALTIinORB.
Maryland
10
12
53)^!
,
53 Iv
47
43
6s, defense, J.ft J...
68, exempt, 1887
6a, 1890. quarterly..
do
5a, quarterly
Baltimore 68, issi, quarterly.
do
do
o7H
!S8
107
112
107
100
107
109
6s,;8S6, J.&J
6s, 1890, quarterly... 110
68, park, 1890, (J.—M. 1!8
114
6s, 1893. M. ft S
68,exe!npt,'93,M,ftS, 117
120
8s, 1900, Q —J
120
68.1902, J. ft J
117
Sf, 19,6, new
58
lOlX
,
Allegheny Val.,7 3-108,1896... 120
is,E,ext.,i910 106
do
Inc. 7b, end., '*1,
do
Belvldere Dela.
ist m.,6s,1902.
""'
'89
69. cour
68, '8^
Cam. ft Atl.lst in 78.g.,H93
do 2(1 m. cur. 7s, i^7!'..
Burlington Co. 68,'91.
Cam.
Catawlssa Ist, 78, conv., '82. .
chat, m., 10s, '88 ..
do
new7s 1900
do
Connecting 68, 1900-1904
Chartlera Val., ist m. 78,C.,190;
Delaware mort., 68, various.
Del. ft Bound Br., 1st, 78. 1905
East Penn. 1st mort. 78, '88 .
El.ft W'msport, 1st m., 7s, 'SO.
do
do
mort.
&
58,perp
do
Harrlsburg 1st mor'. 68,
'8.3...
m.
'90.'
IMM
113>t
115
ft
B. T. iBt
....
....
....
Ill
117
117
122
12U« 122«
mx
118
111«
150
cm.*
83
""
..
Ind. Cln.
gen.m.
do
m
.
Navy Yard
113
114>t
do
do
do
89 jj
54)4
•
2dm., 78,
cp.,9<.
deben., cp., '?8'
cpsot:.
do
'Vi"
121
120
123
116
114
105«
m defanlt.
t
Per share.
116
41
32
....
109
115
lOO
118
115
116
lis
.1
-i
•2?
U4
108
11«
102X 103
103
1U5X
102
+10'
lOli*
105
103
fl02
ft Laf. istra.7s ...t 102
(I.*C.)l8tm.7a,'88-i 105
10^
Dayton ft Michigan stock...
53
8. p.c. at'k.guar 123
do
Little
ib6«
Penn. Co ,63, reg
Perkloraen 1st jn.8a,coup,, 9( 90
103
Phlla,* Erie 18tm.68,cp.,'8I,
lU
2d m. 78. cp.,'98.
do
Phla. N'cwt'n ft ^.Y.. Ist m.
Phlla. ft Head. 1st m. 68, '43- '41 110
110
'48-.19.
do
do
B3M
'
liib
118
+ lOJW
Miami 68, '83
cm. Ham. 4 Dayton stock.. 89
M>
Columbua ft Xenla stock
125
6s,l-g.,1910. 1'20
1905,
1905.
6b, rg,'81
.
igo
Little
Pennsylv., Ist m., 6s, cp., '80.. lOlJ^
gen. m. 68, cp., 1910. U9>4
do
cons. m. 6s, rg.,
68. cp.,
cons,
iioo
0018.61, 19 5
106
7«, 1905 V
2dm. 7s, 'sit HI
104
2d m. 78, 'i7. .+
do
Colum. ft Xenla, ist m. 7s, '90
Dayton ft Mich. Ist m. 7a. '81-1
'idm.78,'84.-t
do
3d m. 76, '881
do
118W Dayton ft West. Istm., '81.. .1
ll"W
IBt m., 1905,1
do
130
Istm. 68,190..
do
102H
1906 ....
i
117
108
114
\ 109
Ind., 7s, guar.
Indiana Istm. 7s
cm.*
110
Scrip
109U 110
103
115
125
128
113
107
105
115
Cov. Bridge st'K, pref. 160
"•
cm. Ham. 4
.
ft B.. 78, cp.,'96
lung
do
107
108
U4
68,
Cln.liam.4D.
do
101
113
ViTH
10
48
7s
T
do
TSOe
do
t
South. KR. 7-308. j
do
gold.t
6s,
do
do
Hamilton Co., O., 6s. long., .t
78, 1 to5yr8..t
GO
7 * T-aos, long.t
do
113>«
110
106>i
112
114
114
108
lis
9H
2d, M.ftN
do
79M 80X
Ss, 3d, J. ft J
do
44X -IS
Union BR. 18t, guar., J.* J.. 112
Caniou endorsed. 112
do
Cincinnati
~
do
do
do
do
W.Md.6s,l8tm.,gr.,'90,J.4J.
do 1st m., 1890, J.ft J...
do 2d m., guar., J.ft J
do 2d m., pref
do 2dm.,gr.by W.Co.JftJ
do 68,3d in., guar., J.ft J.
Mar. ft CIn. 7s, 'g^F. ft A ...
38K 38%
CINCINNATI.
106
ilo
—
mort. 68,1900
2d
do
Lehigh Valley, l8t,68, cp„ 1838
doreg.,189i..
do
do 2d m. 78, reg., 1910
do con. m.,68,rg„1923
68,i:p.,19;3
do
do
Little Schuylkill, Ist m.7a ,'32
North. Penn. Istm. 6s, cp.,'85.
2dra.7s,cp., '96.
do
do gen. m.78,cp.,1903.
do gen. m. 78, reg. ,190*
Oil Creek ist m. 78, coup., 'Si.
110
108
7s, gold,
Istm. 78, fil. g.'o9 ....
do
2d m. 7s, gold, '93. 107
do
'.ecrlpg.,71
m.f
'id
do
60
... Is,
.-, '95 .
3d m. cons.
do
Ithacaft Athens 1st rd, I8.,'SU ....
Junction iBt mort. -., •82 ..
103K
H.
33
110
2d m.6s. '8j.. 109
3d m. 68, '!i7. 113
69,coup,'83- 105
8o
do
Camden ftAmboy
do
90
....
Stisquehanna 6s. coup.,
Pa.ftN.Y.C.ft KB. 78,1896....
14K
m.tts.rg..*97.
es, reg., 190;
\m
.
do
81
m.
'2d
do
do
do
48
do
'..
3»H
do
58H
Pennsylvania
15!ls
do
Philadelphia* Krle
U*t 11*1
do
Pntladelphia ft Reading
leojt
do
Philadelphia* Trenton
60
Norfolk water, 8s
Phlla,Wilinlng.ft Baltimore.
RAILROAD STOCKS. Par.
12H !2»«
Pittsburg Tltusv, & Buff
27
Balt.ft Ohio
lOU
pref.
do
28
37
latprif
ro
at. Paul ft Duluth K.R. Com
80
do
2d prtf
do pref.
do
iso
Wash. Branch. lUO
do
United N.J. Companies
Parkersb'g Br^50
do
West Chester consol. pref..
30«
50
Northern Central..
WestJersey
5(
Western Maryland
CANAL STOCKS.
50
33^
Central Ohio
Chesapeake* Delaware
34
Pittsburg ft ConnellBvIlle..5()
35
Delaw»re Division.
3.<1LR,>AD BONDS.
31J< 31%
Lehigh Navigation
SO
Bait. * Ohio 68, 1839,A,ftO..,
Morns
N, W. Va. 30 m..guar.,'83,J«J
do pref
Plttsb.* Connellsv.',B,'98,.JftJ
Pennsylvania
Northern Central 6b, '85, JftJ
Navigation
Schuylkill
do
68, 1900. A.ftO.
pref...
do
do 68,gld,1900, J.ftJ.
Susquehanna
lstia.,'90,M.ftS.
Ohlo6s.
Cen.
BONDS.
RAILROAD
rlttsb. Tltusv.
150
91
do
do
do
is
38
96
.-••-
Jilnebill
Nesquehoning Valley
Norristown
North Pennsylvania
.
•
aa
1
,
.
vfr
,
.
The
Dec.
Dec.
IIA
\Wi
mn
M
-
ree.o'cio
80.475,200 310,066,SOfi 68,717,500 15,254.200 298,613,100 19,428.100
Specie
Lexal tenders
114
1.36
.
I
2,000,000
2,050,000
2,000,000
2,000,000
t»
do
Iii.m.7i,ep.lM* «5
do cons. m. it, cp..l9ll..
do ooDs. m. 7i, ncltli.. >•
,..
iSH
24)i
do cona.mJ*.g.r.ltll,
pref..
j8(<
do
ro aen. m. 6a, 1904
'AH llS»t
Old Colony
do Imp. m.<<g.,m7
109
Portland Ssco ft Porumooth
00 conv. 78, Ibw
118
PalAi-e
Car
Puiliira
.^
118M r.,.., S? 7", coup. off, tS
RutlBLd, preferred
PblI.*l{.Coal41ron deb.78.»S
Vermont & Massachusetta..
do
deb. 7a. cps.ofi
Nashua
Worceslerft
do mort., "s, 18W-3.
Phlla. Wllm. ft Bait. 6«, '84, .. IM
PHI1.ADEI.PHIA.
PIttB.Cln.ftSt. L. 78, cou., IMX lU
BTATB AND CITV BONDS.
do
do
78, reg., 19it
Penna. Ss, g'd, iut.,reg. or cp.
Shamokin V.ft Poluv.Ts, 1901 lUK
do 38, car.,reg
Steubenv. ft Ind. Itt, 6t, 1884.
102K
do 58, rcg., 1S8'2-1392
Stony Creek Ist m. 78 1907.
114
do 58,new,reg..l89i-19lW
Sunb. Haz. ft W.,l8t m.M.t^
80
do 66,10-15, reg., 1177- '82. 100
Sunbury * Erie Ist m. 7s, '97. 115
do «8, 15.'.iS, reg.. 188i-'92.
syr8,Uen.& Corn'^,l8t,ia.lwxi
do 6s, In.Plane, reg.,18i9
Texas ft Pac. lat m ,68, g.,iao) KKI
Philadelphia, 5s reg
do
cona. m.,(a,g.,ll0S
66, old, reg
112
do
BO
Ittc.ftl.gr.,^altl5
do 68,n.,rg., prior to '»S lis
Union ft TItuav. lat m. 7a, '90.
1-27
do 68,n.,rg.,1395ft over
(JnltodN.J. cons. m. 6s, '94.. 110
107
various
108
do 48,
Warrenft F. Istm. 7b, '96
Allegheny County 58, coup... 1U2X
West Chester cona. 7s, '91
Allegheny City 78, rcK..
WestJersey 6s. deb,,coap.,*8r> 100
coup.,
1913
4s,
90
Plttsliurg
do
Ist m. 6s, CD., '96, 115
5s, reg. ft cp.,l»13.
do
do
l8tni.78, '«
lU
...
6s, gold. reg... ...
10
do
cons. 68, 190) ....
121
78,w't'rin,rg.ftci).
do
Western Penn. Rlt. 6«,cp.'.89( !05
"
105
ree.,'83-86,
ilo 78, str.imp..
do
la F.R.,'9<. IU<H«
N. Jersey 68, reg. and coup.
CANAL BONDS.
exempt, rg. ft coup
do
Chesap. ft Dela. Ist 68, rg.,*86 RS
coup
6b,
Camden County
Delaware Division 68, cp., 78. VU
Camden City 6s, coupon
Lehigh Navlga. m., 68, reg.,'8l 107
78, reg. ft coup.
126
do
do mort. BR., rg ,'97 ilOVl
coupon
6b,
Delaware
do m. conv. g., r»-g,,'»4 11.8
Harrlsburg City 68, co upon . 101
108
do mort. gold, '97
do cons. in. 7s, rg., 1911 104
BAItBOAD BTOCKS.t
21
Morris,
boat
loan, reg., 188,1..
Atlantic...
ft
Camden
Pennsylvania 68, co-.ip,, ',910.. 84^
30
prof
do
00
ft
Northern of
Norwich* Worcester
egdensD.ft L. Cbamplain
Miami stock
127
127X
LOVISVIliIiE.
OUl8VUle78
do
do
do
do
do
do
do
do
t
106^
6s,'82to'87
t 103
•8,'97to'9Ji
1 lOS
water 68.'87 to '89 1 105
water stock 6a,'97.1 106
wharf6a
..1
*89t
10!h5
:os
loe
spec'l tax 08 of
waterea, Co. 19071 107X
100
lOOX
101
Jeff. M.,ill.l8t m. (I4M) 7b,'Sl t 100
108W
1 108
2dm., 7a
do
1142
I8tm.,78,1906....t 111
do
IISS
116
Loulav. C 4 Lex. 1 St m.78.'97t
Louis.* Fr'k..LouIsv.ln,6s, 8:
5a ...
.
Loulav. & Nashville—
Leb. Br. 6s '86 ..;....^j..t
1st m. Leb. Br. Ex. 78,'80-85.t
68, '93„.t
do
Lou. In.
Jefferson Msd. 4 Ind. stock.
t Andlntereit.
105H 105M
105 »« 103M
105W
KON
1U3
106
IHE (^HKONK^LE.
226
XXXI.
[Vol.
QUOTATIOMS OF STOCKS AND BONDS IN NEW YORK.
U. 8.
Bonds and
active
BaUroad
Stocks are quoted on a previous page.
Prices represent the per cent nalue, whatever the par
may
he.
STATE BONDS.
Class A, 2 to
Class B,5s
small
B,
6s,
6s,
6s,
Cltt88C,2to5
Arkunsiis— fis. funded
&
&
&
A
RR
Hannibal
do
&
due
do
'02
1887.
Chatham
6s,old,
South Carolina6s, Act .Vlar. 23,
Non-fundablc
110
A.&O
68,
68,
Ask.
"
i'
38
new
new
32H
series
Virginu—fls, old
6s, new, 18(58
69, new, 1867
68, consol. bonds
6s, ex matured coupon....
68, consol., 2d series
6s, deferred
D.of Columbia— 3-658, 1024
RR
9»K
eok 100
106M
Registered
1881
Funding 5s, 1809
do
registered
68,1886
30M'
1869.
Tennessee—68, old
Small
Ohio—6s.
9UM
North Carolina—68, old.JiJ
47
J.&J
Special tax, class 1
class 2
do
class 3
do
Oonsol. 4s, 1910
...
Bid.
Rhode Island—6s.coup.'9.S-0
New bonds, J. * J
do
A.iO
reii.,'87
1887
SECURITIES.
Bid.
.
do
A.& O
do
coup. oir. J. & J.
do
coup, off, A.&O.
Funding act, 1866
1868
do
St. Jo.. 1886.
6s, gold, coup.,
69, loan, 1883
1891
69, do
1802
6s, do
1893
6s, do
Ill
No. Car. KR.,
107
108
108HI
110 ltlf<
'00
New York—«s, gold,
Connecticut—68
Georgia —6s
SECURITIES.
N. Carolina.— Continued..
.1
I
Univ.,
Funding, 1804-95
.
78, new
7b, endorsed
78. Kold.Louisiana— 7s, consolidated
Michigan— 6s, 1883
78, 18B0
due ItvST
due 1888
due 1880 or
Asylum or
i\. Soott iss.
78, L. Koclt
L. Roclc
78, Memp.
N. O. KR.
P. B.
7s, L.
R. H. RR...
78, Miss. O.
78, Arkansas Central KR.
K
'88
MlS80uri-6s. due 1882 or
68,duel8HI»
.
.
Asli.
BUI.
BECtTBITIES.
SECrRITIES.
Alabama— Class A. 2 tn 5
RAILROAD AND miSCKLLANEOrS STOCKS AND BONDS.
Ch.Mll.S St.P.-Continued
Ist m..
Sailroad Stocks.
{AcUfe pretlously quoted.)
Albany ^ Susquehanna
Boston * N. Y. Air I-., pref.
Burl, Cedar Rapids & No...
Cedar Falls * Minnesota.
Chicago & Alton, pref
.
.
.
.
Cin. Ind. St. I>. & Chic
Clev. 4 Pittsburg, guar
Dubuque S Sioux City
120
81
123
Frankfort* Kokomo
Harlem
1S7
Ist So.
83
do
pref.
&
Chicago..
Metropolitan Elevated
N.y. Blevated
N. Y. New Haven & Hartf S168
N. Y. Ontario & West.,pref.
Peoria Decatur & Evansv.
Fltts. Ft. VV. & Chic, guar. $122
90)1.
lU)t
Ogd..
132
.
Warren
116
59
117
60
48
VTh
108)4 I0»)i
American Coal
Consolidation Coal of Md.
Cumberland Coal & Iron..
.
..'no
..116
.
.
los'i
09
IO.j
'.a
IIH
..
113
;;:;
Kansas
...
:i5
117
....
118vj,i
118
n»)4i
..
Den.
Pac—
l:Chic.
&
85
106)4
107
Lund grant income, 6s
^...,.1,
7s. guar 108
l'2!^],Chic&8outhwest.—
Cin. Lafayette & Ch.— 1st m
Cin.& Spr.-lst, C.C.C.&I..7S !08)4 100
105
lstm.,g'dL.S.&M.8.,78. 112 113
104
,
'i
117
109*.
no
Ist. ex.
U5>4! 06
1st consol. 6s
Mo.— ist m.
06
79
80
I .
I
Kansas & Nebraska— Ist m.
2d mort
Long Island— Ist mortgage.
I
83
St. Jo.
1st con.
con...
do
do
& Western stock
St.L.Vandalla&T.H.-lstm
2d mortgage, guar
South Side (L. 1.)— l.st mort
jUnion * Logansport— 78
U. Pac— South Branch
—
t88
80)4'
tik'
:::.!
67
30
110
65
10
4
40
75
35
18
.12
55
no
70
35
115
70
13
6
45
38
90
80
41
20
116
105
no
118
104
104
102
107"
Southern Securities.
1
m*.\ 90
(Brokeri' (^uotattons.i
St.L. Va.&T.H., l8t g.7s,'07
106)4
111)4
124
125
115
:i6)4
lao
126
.
C 2d
do
do IstTr'tCo.ctfs.ass,
ass.
do
do 2d
snppl.
do
do 1st
....I
I
nu)4l!UJ,|
...
1
Pennsylvania RR—
Pltts.Ft.W.* Chic, Ist m. il36
2d m..i
do
do
do
3d m..
do
Cleve.* Pitts., consol., s.f
4th mort... 110
do
i.... -.08)^;
.
. .
ts.
J
82
Ist Construction, 9s, 1030,
23
85
115
gr..78
* St.L.— Ist, 7s
45
2d mortgage
105
Indlanap.* Vine— lst,78,gr' "*'>
,
* I.
!
Indianapolis
107)«
t 109)4
3-6s, class C.
do
Midland of N. J.— Ist, new.
3-6s. class B.
do
Income, " A "
do lst68,Pelrce,C&()
do
"B"
101)4 N.Y.&Greenw. L.-lst, s, n.
do Equipm't 7s, '05
South Pac cf Mo.— Ist ra. 103 101
2d
do
Texas & Pac.-lst, 6s, 1005., 107)4
New Jersey So.— Is; 6s, new
90
9 )4 St. Joseph
Consol. 6s. 1905
Pacific- Istm.
Income and land gr't. reg, «7)v 69
2d mortgage
Col. Chic.
95"
108
1
Galv.Hous.* H.-7S, gld,'71
Gr'nd R.&Ind.— lst,7s,l.g.gu
1st, 7s. Id. gr., not guar...
with cp.ctfs tllTX
2d mortgage
Income, 7s
Ist m.. CHrondelet Br
St.L. & 8.F., 2d Os.class A.
:
103
,
PaciflcilR. of
...
45
102
05
100
E. Ill.-S. F.c'y 1001
Income bonds.
'
100)t:ltO%
jChlQ. St. p.* M'polls-lst.Os
68. '06,
do
l>lv. 68 ass. cp.ctf..
do
104Ji 105
2d mortg., ext'n 59. 1919.
.
^DH
90%
"
Istm..
112,, 115
96
1st cons. 7s, 1910
do
Erie— 1st mort., extended. ;126
3d mortgage, 78, 1883.
4th mortgage, 7s, 1880
5th mortgage, 7s. 1888
Ist cons, gold 79, 1920
40
.
100
Pacific bonds..
1st m., 89, '95,
....
«n4
Denv.* R. Grande— Ist.liKX)
!5hi
100
105
& N.. Y Air-L— 1st m
Chic* Can So.— 1 St m .,g.,7^
iBost.
,
—
1st. reg.
do
)
{BrokerH' Qitotntions.)
in)4
South Pac. of Cal.— 1st m.
!
.
S24kl ...
30
35
Miscellaneous List.
,
.
8J«,
80
05
Denver Pac— 1st ,78, id. gr.jr
^,
108
....
s +100
Erie & IMttsburg— Ist m
100
100)4
104
f'on. mortgage. 7s
iii;mi29i'i
Union Pacific 1st mort..
00
78, equipment
ill5)4 116
Land grants. 7s
Evansv. *Crawfordsv. -78. 104
119
Sinking fund
Flint & Pere M.-Ss, I'd gr't •.02
Registered. 8s
83
Consolidated 8s
Collateral Trust, 6s
104J<''.05
21
Stock
Western
I
99M
I
10214'
Coup.. 7s. '94
Reg. 7s. 94.
Ist Pa.dlv.,coup., 79,1017
reg., 7s. 1917
do
Albany S Susqueh., 1st m.
2d mort
do
l8tcon.,guar
do
Kens.* Saratoga, l8t,cottp
50
8«4
.
101« LV.Y. Elevateri-lst. 79.1006 t....;il2)4
Nevada Central— 1st m. 68. 100
EAILROADS,
Ohio & Miss.— Consol. s. f'd 11")4!
Atch.&P.Pk-Ts.gld
do
do
.
Homestake Mining
Ia Plata Mining
Leadviiie Mining
Little Pittsburg Mining
m.
48
60
St.L.I.M.&S.— 1st 7s,prf .int.
2d int., 68, accum'lative
110
1st mortgage, 1891
extended
do
Dead wood Mining
Excelsior Mining
Gold & Stock Telegraph.
lOlO
m
Ohio Centtai- Inc., 1920....
Peoria Dec * Kvil!e— Incs.
i
,,
104«, 105)4
104
W.—
7s. convertible
tl20
Mortgfge 7s, 1907
Syr. fill «h. & N. Y., Ist, 7s 116
184)4
Morris A. Essex, Ist m
*:]5
2d mort
do
bonds, 1000
do
construct'n
do
114
7s of 1871
do
iBt con.,g'd
do
nel.A Uud. Canal— Ist m.,'84 106 '106).;
do trust certif.
TValedo Peoria & Warsaw.
United N. J. RR. t Canal
Boston Land Company
Boston Water Power
Canton Co., Baltimore
Caribou Consol. Mining
Central Arizona Mining...
Central N.J. Land Imp
Climax Mining
Colorado Coal & Iron
,
1st con. 7s
C. St. P. Minn.* 0'aCon9.69.
Ch.St.P.&Min.,lst 6-.1918
N.Wlsc. 1st M., 68., 1930.
St. P..t Sioux Cist 69.1016
2d mort
Del. Lack. &
Pacific
United States Express
Wells, Fargo & Co
2d
|1I1
i
t::;:Jif2
S....'104
121
P., 1st
OD^
...1131
N.Y.C. 4Hud.. 1st m.,cp.
do
lstra..reg 129), 131
..
Hnds. R., 79,?drc., s.f.,'85 111
929<« 98)^
Canada South., 1st, int. g.
..
Harlem, Ist m., 78, coup.. 130
do
1st m.. 7s, reg.... 5120)4 130
do
C. C. C. & Ind's— 1st, 78, 8. f ii«i)4 ;2'.»i
iii)i;iii)4
Consol. mortgage
C. St.L.S N. O.- Ten. lien 's
Paul &Duluth
pref.
do
do
•:.
Stonlngton
Terre Haute & Indianapolis
American Express
& Mil., Ist
Winona & St.
St.
Miscellanevis St'ks
Adams Express
!112
....:!20
113)4 114
.
Chic.
spec'l.
do
do
Beneselaer & Saratoga
Texas &
do
68, real estate
68, subscription
—
!11>.
Memphis & Charleston
Rome Watertown &
1
110
105
105
68,1887
Consolidated
Int. bonds
2d consolidated
Extension bonds
1st m.. Springfield div
,100)4! Ohio Cent., 1st m., fis, 1920.
Ist mortgage
ii8j( nv
Coupon gold bonds
Peoria Dec* E'ville, 1st 6s
Registered gold bonds
Pacific Railroads*107)4
....
Sinking fund
Central Pacific— Gold bds.
registered.
do
SanJoaquin Branch
Iowa Midland. 1st ra., 8s.
Cal. & Oregon, l9t
102)4 103)4
Galena & Chicago, exten
State Aid bonds
Peninsula, 1st m., conv..
Land grant bonds
Intern'l
do
div. 6s,
116
116
Consol. bonds
Ind Bloom.
liong Island
Louisv. N. Alb.
Minn.
N.Y.Central-68,1888
113
113
110
DIv., 1893..
Islm., H. &D., 79, 1010...
Chic. & Northw.— Sink. f'd.
125
70
200'
* Western....
& Gt. Northern
Keokuk & Des Moines
La C.
istm., I. & M-, 1897
istm., I.&D., 1890
I8t m., C. * M., 19aS
Con. sinking fund, 1005..
2d mortgage. 188t
Ist m.. 79. 1.* D. Ext .,1908
S.-westdiv., 1st 6s, 1009.
1st 5e, LaC. & Dav., 1919.
2d 7s, 1898
2d gld.7s, '98 tl07"i
60
Og.-Con. Ist.
STATES.
'.'.'.'\
07
95
So.Carolina— Con., 6s (good)
97
95
New imp't cons
Long Dock bonds
St.L.* Iron Mount'n— Istm 1.... 116)4 Texas—
M.*S, + 103 105
6s, 1802
!0u« 106
3uff. N.Y.& E, Ist m., 1916
2d mortgage
113
112
1892-1010
J.&
J,
gold,
78,
...
105
N.Y.L.E.*W.,n.2d,oon.,6s J88«
Arkansas Br., 1st mort
116
J.* J, H15
7s, gold, 1904
,124
do lst,con.,f,cp.,7s
Cairo & Fulton, 1st mort. 108
41« 42)4
N.Y.&SU-aitsvilleCoal&Iron
Virginia- New 10-40s
....
83
do 2d,con.,f.cp.,5s,0s
Cairo Ark. * T., Ist mort. 1105)4 108
Onlario^iiver Mining
Coupons.—
I'ast-due
....'ll2
lll)s
St. Jos.— 88, conv..
m.
Han.
*
H.—
Ist
Alton
*
T.
St. L.
20
10
Oregon Railway & Nav. Co. !;2i
Tennesssee State coupons.
105
1st. m. l.,7
107H 108
HOU9.& Tex.
2d mortgage, pref
40
Pennsylvania Coal.,
South Carolina consol
225
IU5)v, ...
97
1st mort.. West. Div., 78.
Income
do
26
Pullman Palace Car
10
Virginia coupons
ills
106)41 ..,
1st mort., Waco * N., 79.
Belleville * So. 111.. Ist m.
90
Quicksilver
consol, coupoD.'*...
115 1116
do
13
14)4
2d C, Main line, Ss
St. P. M. & Manit'a— Ist, 78. 100)4
do
pref
oSg
56
Waco&N.,8s
2d
mort., 69, 1900
2d
3ll«er Cliff Mining,
*..
100
Inc. and ind'y, 7s
Tol. Peo. * VV.—
BAILHOADS.
btandara Cons. Gold Mining
23H Ill.Cent.— Dub.&Sioux C.l«t
Pur. Com. rec'pts, l9t.E.D 131
Ala.&Chat.— Rec'rsetfs.var
129
Dub. * Sioux C, 2d div...
Ist mortgage, W. D
105
110
Atlantic & Gulf— Consol
Cedar F.& Minn., 1st m.. 108
Burlington Div
110
ni
Railroad Bonds.
Cent. Georgia—Cons. m.
s6e
Ind. Bl'm & W.— 1st, pref. 79 114
1st pref. Inc. for 2d mort
04
05
stock Exchange' Pricef.
Stock
77
t06
1900.
7s,
consol..
1st mort.,
Istpref. inc. for
Bait. & O.— Ist Bs.Prk.b.l9ie
Charl'te Col.* A.— Cons., 78 104)4 107)4
2d mort., 1909
Wab. RR.-Mortg.7s of '7B. :90
97M 90
Bost. H. * Erie— 1st m
2d mortgage, 7s
-.IWH
Ind's Decatur & Sp'd 1st 7s
.1
T.iWab., Ist ext.Ts
42
42)4
ist mort., guar
Stock
..'103
106
Int. & Gt. North. 1st 6s,gld
let St. L. div.78,ex mat.cp. J105
05 100
Bur. Ced.K.i North.— l8t,5s
Lake Shore2d mortgage ext.. ex coup 104«| .... East Tenn. t Georgia—6s
....' 40
Minn.& St. L., 1st, 7s. guar
E.Tenn.* Va.—6s,end.Tenn 95 100
Mich S. & N. Ind., 8. f., 7s Ill)4i
Equipment bonds, 7s, 1883
110
112
,... 112
'.04)4 E. Tenn. Va. & Ga.— Ist, 78
Iowa City & West'n,Ist7s
110
tl03
Cleve. * Tol., sink, fund
Consol. conv., 79
70
80
lOi
Stock
Central Iowa, ist m.78, 1899
new bonds. tl08)4
....Il09)4
do
Gt. Western, Ist ro., ex cp
no
Cbesap.* O.— Pur. m'y fund
Cleve. P'ville & Ash _
117)4
do 2dm..79,'93.ex cp :i04«l .... Georgia KB.- 78. .,.
100
88, gold, series B, int. def.
Buffalo & Erie, new bds... 120
Q. * Tol., 1st, 7s, 90,ex cp -.t.... 107)4j
102
6s, currency, int. deferred
Stock
Buiftlio & State Line, 7s.. 100
111.* So. la., 1st m.7s,ex cp jlOO
105
Greenville * Col.— 7», l8t m. 100
Chicago & Alton— 1st mort. li^
Kal'ioo & W. Pigeon, Ist.i JIUO
Hannibal * Naples, 1st (8
100
107
Income
7s. guar
Dat.Mon.&T.,lst,7s.l906 ill?
110)4
St.L. K.C&N.K.E.&R.,78 110
"..'
lll!i
Sinking fund
Macon * Aug.—2d, endors 100 110
Lake Shore Div. bonds...! 123
Omaha Div.. 1st mort., 78
Joiiet & Chicago. 1st m...
Memphis* Cha'ston- l8t,7» 100 105
cons, coup., Ist 1234 124?<
do
Clarinda b.. 6s, 1919
100
t99
2d.<8
Louis 'a* Mo., Ist m., guar
cons, reg., 1st.. tl23)^
108)4
do
St.Chas.B'dge.lst, 7s, 1908 S108
32
35
do
2d 7s, 1900.
Stock
cons. coup.. 2d. 117
do
North Missouri. Ist m., 7s 118)4
105
114
....
Mississippi Cent — stm. ~* 100
8t. L.Jack. * Chic. 1st m
117)4i
do
cons. reg.. 2d
West. Un. Tel.— 1900, coup. Jin)4
105
108
,8b
Ml88.Riv.Bridge.lst,8 f ,68
mort.
2d
J116
Lonl8v.&Na«h.—Con8.m..7s *117)4 118)4
1900, registered
130
*""
lio"
Miss. & Tenn.— 1st m. .88 « IS5
Chic. Bur. &Q.— 8 p.c, Ist m 109
:IU4
2d mort., 7s, gold
Spring.V'yW. Works— 1st Bs
+105
no
Consol. mort., 7s
124 \Vil%
1st mortgage, Ss. B.. ..
Cecilian Branch, 7s
99% 90K
Oregon R. * Nav .-Ist, 6s.
lOM
112
s».
1st
m.,
Jacks.—
58, sinking fund
N.
O.
&
BONItS.
Nashv. & Decatur, Ist, 7s, i. '.'.'' nihi
1NCO.ME
115
112
86
Certificate, 2d mort., 89.
Chic. Rk. I.S P.-69. cp.,1017 120
120
102
L. Erie* West.-lsires, 1919 101
Central of N. J.-IOOS.
117
98. 1017, registered
Norfolk & Petersb.— Ist, 8b, 100
Laf. BI.& Mun.— Isi 6s. 1919 100 103)4 ChicSt.L.4N.O.-3dm.l907 J7'.)i 80
100
Keok.& Des M., 1st, g., Ss.
07
1st mortgage. 7s
98)4 Manhattan Beach Co. 78, '00
91
42)4 43
95
Col.Chic.&Ind.C.,inc.78,1890
107
Central of N. J.-lst m.. 'OU. 116
2d mortgage, 8s
67
N.Y. &Man. Beach 1st 78,97 104 S4 107
Cent. Iowa coup, debt certs.
1st m., 88. 137
Is* consolidated
112)4 Northeast., S.
Marietta * CIn.— Ist mort.
.,120
C.St.P.* M's L. Gr.,In.6s,'08
117
assented
do
idsiiiid"
2d mortgage, 8s...
]iI18
1st mort., sterling
48)i
Inds Bl. & W'n-Inc., 1910,
Convertible
Rich.* Dan.— ist cc D80l-,6s 104)4
Metropolitan Kiev— lst.1008
lOO^j ind's Dec & Sp'd. 2d Inc.
-.6
assented
""
do
Southw. Ga.— Conv ,7s, '86, 104
:07K108
Mich. Cent.—Cons., 78. 1902
125
Int. & Gt. Nonliern— 2d Inc
Adjustment, 1003
loax; ....
Stock
1st mort., 8s, 1882, s. f
Leh. & Wilkes B.Coal— 1888 i72X
103"
Lehigh & W. B.,con.. g'd.
Equipment bonds
Lake Erie * W'n— Inc.7s,'9S 63)4 64)4 S. Carolina RR.- jstm., 7b
10
assent'd
do
68
Stock
8S14
Laf. Bl.i Mun.— Inc. 7. 1890
75
74
...
Am. Dock * Impr. bonds lio"
79, 1002, non-en jo «ed
7tfM
Mo.k.S T.— Cons'.ass.'.iiioiie 106
Mobile* O.— Ist pref. deben
40
36
assented no 112"
Non-mortg. bonds
do
t45
2d mortgage, inc.. 1911
67!4
2d pref. debentures
113
111
.,88...
mcr
Ala.—
Ist
Cblc.Mll.4 St.P.-lst.Ss.P.I) 132 las
West
35
H. & Cent. Mo.. Ist.. 1800. no' 112
Sd
do
113
111
8d mort., 7 3-10, P.D..1S9S 116 120
2d mort,.. 88. gitH.Mobile * Ohio— New m.,
103 10.i54!
35
....
do
4th
100
1„. .„
7o « <T"M.R.^*..I902 118
West**'-" V. r.— 1.-* m.. 79..,
IIOV Nash.rhaf.ftSt. I.— 1»t
.iioo
11 It. N. V.T,allgE.*W.Inc. Bs.1077
latrtiale this week.
Prioas nominal,
t And accrued interest.
t No qootaUoa Uwli}
» No price to-day
thue are latut Quotatloiu Buuia Uils week.
.
Mariposa L'd & Mining Co..
do pref.
do
Maryland Coal
Montauk Gas Coal
Rome Wat. &
. .
.
.
C—
I
I
I
1
.
,
^:
|
.
.
I
.
'
.
.
1
:
C—
WH
™
;
;
;
^
August
THE CHRONICLE.
38, 1880.J
NEW YORK LOCAL
Bank
COHPAHIm.
Capital.
227
SECUKITIES.
Stock Llat.
laaaranee Stock
tQootitlonB by K.
SorplDB
B.
List.
Bailit. Broker. 7
Pm« street.)
at latesT
Mark'dthuB(«)
are not *J5;
.'
dates,
Amount
I
i
Lut Paid.
Period
Ask.
Net
Capital.
Bowerj
100
280,000
1.61H.300 J.
1.445,0'X>
808,0')0
chace
100
800,(XX'
as
450.000
300.000
aoo.ooo
J.
1.4 J.
>.*
10
10
J.
V-i.TH) .J.ftJ.
4"4.S0fl J.* J.
74.100
i8a.s)a J.&.I.
100
Chemical
100 Bl-m'ly 100
85
Clfizena'
i;ti.4oo .1 ft J
100 1,000,000 AXS.r-Uv M.ftN. 10
City
100 .5.000,000 8,H04.100 r.ft J.
CoiEinerce
8
ContlDeDial..., 100 1,000,000 802,400 I. ft J.
Corn Kich'ge*. loo 1,000.000 «28.500 F.&A. io
Chaiham
3,3-il
850.000
KXI.OOO
150,000
100,000
River .,,. 8S
11th Ward*.... 25
100
Fifth
Fifth Avenae'. 100
70.!t00 r.ft
i»,;oo
43,tmo
820.100
I. ft
First
Fourth
Fulton
;*
(KKJ.OOO
5U 1.000.001
Gallatin
German A^i.*
German Exch.'
Germanta*
Greenwich*.
800,000
100
200.000
45
800.000
100 1,000.000
.
105
4
115)i
Mar.,
"80.
S
tt
.July.
'S'J.
a
M.y, 80.10
8
.luly, •80. 4
120
J.
B
7
17
>i!&N!
-.Oj
8S».0.(.
I. ft
Metropolis".
Metropolitan
Murray
Ii7.8o0'
«J5.000|
51X1.000
25 8,0'I0.000 l,0H8.1O0
I
..
NewYcrri
North
lilver*.
Oriental'
Paclttc...
...
farlt
People's'
/.&
J.
800,000
800,000
750,000
700,000
840.000
300.000
482.700
100 2,000,000
251 412.500
80 1.000.000
.May.
««
.) .
ft
J
8.i*,50t.
il-F.
130.4(10
).4J.
1.4 J.
818,000
I. ft
6c. .N'lcholas...
100
135 600
Bjtih
loo;
State of N. T.. 100
600,000
300,000
300,000
600.000
800.000
800.000
Third
100 i.eoo.ooo
Tradesmen's... 40|l,000.(l00
Onion
50 l.-iOO.OOO
200,000
100:
8
7
1.4 J.
71 J.'noo F.ftA.
Beventh ^ard. lOOj
Second
1001
Shoe & Leather 100
8
«'<.000 J. ft J,
183.100 I.ft J.
531.300
i;3.200|j.4 J
40.300iJ.4 J
273,500 M. ft. N.
10
«
7
3
Il)?,00;jij.ft ,1
279 lOOI.I.ft J.
I.*
J.
8
«
7
'?«
7
8
10
8
18
Lamar..
LorlTlard
Manul.4 Butld. 100
Manhattan
100
.Mech.4Trad'ra'
Merchants*.
'80.
"80. 3
'80. 3,16
'80. 4
11.9
103
98
'80. ai4
luly 80. 4
July, •80. SJ4
July, '80. 3
3U
8
5
'8'.l.
'80.
'80.
'80.
'80.
M.y.
July,
Moutauk (Bkn)
Nassau (Bktyu)
National
371^
M.T. Equitable 35
New Tork Fire 100
\'.&
N.
Boston 100
New York City 100
Niagara
50
North Elver....
4
Park
80
60
50
50
Phenlx
Relief
Gas and
Cltjr Railroad Stock* and Bond*.
[Gaa Quotations Oy George H. Prentiss. Broker. 19 Broad Street.
Gas CoaPABiKB.
Brooklyn Oas Light Co
Citizens' Gas Co (Bklvn)
do
bonds
Harlem
Jersey City 4 Hoboken
Manhattan
„
Amount.
85
20
I, COO
50
80
50
100
V,r,
...
Ifietropolltan
do
certiQcates
Mutual. N. T
do
bonds
Nassau, Brooklyn
do
83
Va
*
3
5
Var
1,000,000
IX
ik
7(X1.000 -M.ftN.
.
100 4.000.000 -M.&N.
10
1.000
Bond*
BonjB
1.000.000
/.
4
WUllamsburi
do
boods
Metropolitan, Brooklyn
100
100
;
do
bonds
Fulton Municipal
1,000,000[M. fth,
1,600.000
750 0O0|m. &N.
'ibb
1.50.>,000|
Aug.,
1898
100
Wllliamsh'BC.
50
•250.000
•00
IH
Ask.
Yoy.
143
73
104
60
95
104
40
100
85
dO
75
.15
1897
1000
93
75
50
y.
July. •80 70
1900
100
July, •80 55
'80 170
105
Ju
lOi
65
175
110
85
,
;
Eighth Avenue— Stock
lat mortifuge
8d St. ft (irand
.-
1st
Central Cross
Ist
St.
mortgage
100 1,000,000
Ferry— St'k
Town- Stock
mortgage
llouKt.West
St.ft
iMt tiiortga+re
Pav.F'y- Sfk
Second Avenue— Stock
3d mortgage
Consol. convertible
Extension
Sixth
Ist
Avenue— Stock
murtgitge
Third Avenue— Stock
Ist mortgage
Twenty-third Street— Stock.'!
wt mortgage
TUa
808,000 J. 4 J.
748,000 l.ftN.
1,000
100
1,000
. .
23«.00<i A.
100
800,000lM.4N.
100
500
850.0001
SOO.OOOlJ.
1,199.500 J.
100
;
00ft c.
100
1,000
40.
eoo,oo<-i
1,000
1,(X)0
I.IXX)
Q-J.
1
I
J.
150.0<)0
ft J
A.ftO,
.M.ftN.
800,0(10
M.4 8,
750.000
M.4N.
r.00.000 J.
'81
'80 160
V,l 110
Apr.,
100
'
21
108
100
105
170
110
130
100
105
100
100
118
75
100
i-iS
113
175
110
175
115
85
,30
N0T.ilK)4 100
103
35
ft
1, 050.000
100 8,(«10.000
•laii..
May,
4 J.
Q-F.
1,000 12,000,000 J. 4 J.
-- "
100
600,00(1,
F.ftA.
1. 000
250.0001 M.ftN
July. '94 100
July, '80 BO
Apr , '85 100
May. -88 97)^
Sept. •SH M'X
.M.iy. •77 183
July. '90 no
Aug..'80 __,
180
July, '901 104
Aug. ,'80 115
7U'I90
8w! 95
Aug..
8 108
July, 80. 7^1180
July, '80. 3>»l <'»
15
11
lf« July.
lb"
88
10
14
10
30
7
18^
}?« 20
10
10
10
10
197,196
7,81
115,730
B7,097
843.'831
30,'808
198.5B3
140.818
211,480180
166,21320
38,101 10
174.024120
lOt.HoB 18
188,505 80
102.5I'9 14
318.877 20
120.1180 17
11.888
19.869 lb"
570,973 18
112,83 11
4(J9.08B 80
96,537 20
801,888 80
'.4
18
458,3 '(7
34,600
83,118
198.894
80
16
14
10
10
18
Ian.,
.lu y,
5
•79.
•80.
'80.
59
iin
5
97
HD
80
80
10
16
18
10
18
10
•lu y.
80
July. 80, 7
July. •80. 8
80
80
10
15
Ju
14
18
Aug.,
N^ne
N^ne
7I»
141
6
8
80
20
10
60
17U
July '80. 8
July, '80. 4
Julyv '80. B
July. '80. 8
5
luly. •80. II
80. 7
so. 3
'8,.
luly. '80.
y. •80
•SO.
S
5
1-241
•'so.
'80.
•80.
....
4.
110
3(1
80
12
80
;uly, '80.10
'u y, '80. 6
lu'y. ^o. «
iiOe
18
5
80
'80.
'80.
70 •«
t'
IflOll.
115
186 T-
108
175
Jul., '80. 8
i^y.
109
I80Z
105
80
8^< 33
7 150
»
luly;
July
10»B
M9|»
100
ISO
6
Ju.y,
iPl ,
10
H»
liMi'ri
5
18
10
10
flO.-
130~
118
158
18
8
•811
113C
105
180
75
5
5
185.
•80. an 70
8W luly'
20
1.50
.lu y' •80.10
10
Feb.. •30 3
30
9-;3 luly. •80.6-23:185
9
B-83
i8h;
mmm
«bir
8 105
Au<., 'go. SW, 70
10^ In y. •80 6 r.5
!00
10
July, '80. 6
11
July.
8 180
10
Aug., •80. 5
30
July. '80.10 1800
July.
18
10
14
10
18
10
iO
Daniel A. Uoba.n. Broker.
•80.
...
s
.._
2T Pine Street.]
INTBRB8T.
Bonds
MoDtns Payable.
mw
Bid. Aak..
due.
York:
Water Btocfe
1841-W.
CrotoD waterstock.. 1845-51.
do
do
..1S52-60.
OrotoD Aqueduct stock. 1866.
pipes and inalnB.
do
repervoir bonds
Io
Central haik bonds. .1853-57.
do
ao
1853-«5.
Dock bonds
1870.
do
Ir75.
Market stock
l865-«.
Keb.,
May
.
.
CO
do
.
New
May &
var
var
7
var.
Assei meat
,
rqac'atlonB by N. T.
do
do
do
do
do
January
May
dfe
..
Bridg-..
*A1I Brooklyn bonds dat.
ISO-
1884-1900:118
13»
Not, 1907-1911
MS
c*o
1898
18S5
1901
1898
1804-1807
1889
1890
1901
1888
1882
1896
18B1
108
115
do
do
do
do
do
do
ft
July,
ll«<)
B»R>, Jr., Broker,
1
A July,
Io
Jo
do
ISM
New
do
do
do
io
NoTember.
A
May
no
do
Jannary A July,
do
do
120
I0»
lis
12*
110
183
115
187
1?*
107
I0&
115
188
118
IS»
lUS
107
108
105
113
11»
12*
182
10»-
107
108
ll»
St.]
ISflO-lSRS 101!V»
i.'vvs-i.'.ai
do
00
do
do
Park bon<(s
10!
lO'T
10»-
18H4-I9n'lO«
November.
Jaiuary
do
do
do
hoD(lB
Bridge bondB...
waier loan
City Donus
Kings Co. bonds
100
18S0
1H0O
106
18«3-1S90 104
A.ui;.ft
NoTC'nl>er.
lui .r'«iii'i—
do
P-<rkbonds
Water loan
November,
do
do
Qna-tTly.
Westrtiesler County
Coosclldatel...
BrouKiun— Lo\:tki
City bonds
ft
do
do
do
May & November.
1889
....18t9.
do
Consolidated
Aag.ft Not.
Peb.,May,
do
do
Iaipr>vementstock....
do
May
do
do
do
107
!0»
11l»
;915-l«-.i4 l:io
ISi
1900-19-^4 128
1
1904 19181189
1886-1908 109
1881-1800 108
18SO-18KS 106
O
131
im-
MB
lie
lis.
I8t
1907-1910 116
ll»
1880-l'<83lll4
19-84
103
65
[Quotations by C. Zabriskii, 47 Montgomery
St.,
Jeraoy City.)
100'
too
lis
173
106
180
112
tiny. 'OS 105
coluorn shows last dividend on tlocla, but the date
of maturity of bonis
Jerftey
Oly—
Waiei loan long
do
ie6»-7!
Improvement bonds..
18tS-«.
Bergen bends
Jannary A Joly.
January « Jui>.
J. a J. and J & O.
January and July.
IH«
ICS
1 '.I
IfUfHtMz lUI
lui
105
IIOO
104
|l0»
laoo
•
ISO
103
148
150
75
120
10
11
18*.
«3
Juy.
Jny.
90
13&
130
4
July, '80. 4
18
10
TK
1»
170»
100
90
8
5
luly, •80.10
July,
14%
IK*
130
80. 5
79. S>t 80
.
5
18
15
10 •
10
80
—8,040 10
170.301 18-35
133,014 17«
35,182 10
14S,3^8 16
91,865 80
281.374 16
182.«S4|10
437.814*^0
10
8)«
10
20
10
10
16
10
18
10
u^m
July,
Juir, '80.
July, -so!
Ju'y.
Maf., •80
w5
I0»
80
8
'SO.
10
Ian.,
10
10
10
10
too
1
lOU
'SO. B
•laly, '80. 8
103
Juiy, •80. 5
145
luly. -so. 5
140
July. •so. 5
110
'uly, •«). 7), 830
;uly. •so. 3
80
'uly. '80. 8
130
July, '80. 8
1><6
7
10
30
•80.
•80.
•80.
Cltr SecorlUes.
IQnotatloua bj
Consolidated bonds
Street imp stock
Broirtway.)
Aug., '80 70
1190
95
Aui., '80 119
June, '93 10
July •SO \m
10
10
15
10
892,'289
98,1
Apr.,
July.
15
10
10
liabilities,
all
.
loo
0.-.0,0(iO F.ftA.
Bonds
1_COO
250.000 J. 4 J.
- E.B.ft
"
Dry" Dock
Batt'ry— Stock
]m, l.'^OO.OOO (i-F.
iKt mortgage, consolidated
500ft c
900.000 J.ftD.
lb"
20
('8
'80 I'D
'80 108
BlecckerSt.ftFult.Ferry— St'k
100
900,000 J. 4 J.
5< Ju'y. 'fO 18
let mortgage
1,000
694,000 J. ft J
7
J'ly,l»Oo 98
Broadway ft Seventh at.— St'k
100 8,100,000 (!-J.
8
Ju y, 'PO 95
iBtmortgage
1,000 1,5(K1.000 J.ftD. 7
July, '84 108
Brooklyn City— Stock
10 8,'X10,000 Q-F. 3)4 Aug..'«0 16U
Isl miirtKage
1,000
300,000 M.ftN. 7
Nov., '81102
Broadway (Bnroklvn)— Stock ..
100
800,000 Q-J.
July, 'SO 140
3
Brooklyn ft Hunter's Pt.— St'k
100
400,000 .\. ft o. 8
Apr., 'SO, 95
1st murtguge bonds
1,000
300.000 J. ft J
7
1888
\l02U
BUBhwIck Av. (B'klyn)-Stock.
100
500.000 J & J
2«Juy.^«0 90
Centrul Pk. N. * E. nlv.—Stock
100 1.800,000 Q-i.
nly, •^l 98
Consolidated mort. bonds
1000 " ,200.000 J.ftD.
Dec. I908J 108k
Christopher 4 Tenth St.— Stock
1'<S
locladlng re-Inaarance, capital and scrip,
t ourploi lacludea Hcrlp.
Mlnut Blgn (— ) Indicates impairmeat.
105
75
100
;90
143
105
I.
[Quoutlons by H. L. Grant. Broker.
Over
iio~
Feb. '78 70
July, '80 150
Juue, '^fl 189
Aug., '80 140
Aug., '80 101
Ju y. 'eO 70
1888
10)
Feb., '«0 45
Ian.. '76
«
3
Bid
8,'.!44
10
*
'80 106
'80 6)
June,
J.
37.%OO0 M.*N.
Var.
18.5.0()0 M.ftN.
50
406,000 F.4 A.
50 1,000,000 Quar
l.O'iO 1.000,000:A.* 0.
Central ui x»ew Vork
May,
5
M.4S.
Quar.
1,000,000 F.4 A.
1,000
P<onle'« (Brooklyn)
Municipal
4,000.000 I.ft J.
i.SOO.OOO U.ftS.
100 5,000,000
scrip
NewTork
Var.
Var.
815,000 A. 40.
1,850.000 F.ftA.
750,000 I.ft J.
2,000,000
1,800,000
1,000,(KI0
Date.
Period.
18
'so.
-go. S
luly. •80. 5
•luiy, ^77. s
'uly. •so. 4
N'ne
138,(182
150,^28
74.418
11,179
Weetchestler...
100
Stuyvesant
lOO-
80
10-78 10
18
11
184,4B«
350.187
83,833
1,000,000
86
83
50
Tradesmen's.,,.
iia
SO
97
150.(XI0
United States..
Star
Sterling
120
600,000
200,000
200.000
200.010
150,000
280,000
160,000
800,000
150.000
3 10,000
300.000
800,000
250,000
800,000
160,000
800,000
200,000
200.000
800,000
800,000
210,000
800,000
800.000
300,000
85
85
85
Rutgers'
Standard
183
l«0
Aug.,
73,739
144,487
986,930
807,388
2O0,(XI0
t 100
St. Nicholas....
5
e
190
150.(J0(l
200,000
300,000
200,000
200,000
200,000
500,000
200,000
200.000
300.000
250,000
300.000
Republic
3«
8W
8
;u;>. •80.10
July, •80.10
70,rt02
360.000
800,000
200 000
160,000
100
Peter Cooper...
People's
Aug.,
l.'i7.'iC0
500,000,
25
86
Paclttc
3X
la.y, '80. 1
July, '80 3
May,- '80. 31«
Juiy,
July,
25
DO
50
50
50
50
Mech'iC8'(Bkn)
.Mercantile..
3U
Su
July.
85
50
85
Longlsl.'Bknjf
3
'74.
"80.
lUiy. 'SO.
July. '8>.
100
.;.
18
•80
730,283
500,000
43,714
200,000
3,000.000 1.380.888
80
40
50
Lenox
'"ly. -sa. 4
Inly. so. 8
'80.10
ISO
too
Juic.
5W6.418
78,970
91,889
800.000
85
50
50
Lal'ayette(Bkn)
lOki
ID
20
300,000
200.000
800.010
200,000
804,000
2(lO.<M)
200,00(1
150,'HKI
100
Kings Co.(Bkn)
Knickerbocker
8W
July,
Aug.,
50
50
14
10
80
80
80
80
,000,000 1,159.861 18-50 13-40 13-65 July, •80.8-98 180
800.000
Iinporters'4 T..
Irving
100
Jefferson
30,
2U
'80. 4
'80. 4
'80.
Hanover
Hope
Howard
'80.
-80. 4
'80. 4
'80.
'70. 2>i
'79. 3
J'jly,
Ju y.
Ai;g.
Ju v,
.luly.
100
15
Home
8U
3w
'80.
Guardian
Hamilton
BU.
Paid.
70,598
481.'«*)_.
S10.^4«I80
171.737 17K
108,728 ••
18
2.8B0 5
83,872 85
1,000,(100
1,000.0(X1
50
50
85
Hoffman
3
'80.
'80.
Ju y,
ug
"*<
58,800 i'.'ftj.
123 300 1.4 J.
183.«:0
'
May.
July,
8
10
8
7
3
J.
711,iOO|«.ftN.
3
Julv. '80. 3
July, '80. 8«
July, '80. 5
Juiy, '80. 3
U
18
6
F.&A.
149.7gO
IWt.OOO
5
luly, '"0
47.300 '.*.!.
88 600
lu y,
July,
luly,
July.
Vlay,
Juiy,
601
llH.mo
100! 1.500,000
Side'
4
M.&N.
Phenlx
Produce*
Republic
ft est
7M
710.5i)0!.J.« J.
50
17r<.liio;J.4 J.
inoj aio.ooo
41.0W1 1.4 J.
Ul0.3,0(Ki.0O0 l,J31,-iOO I. ft.
77.8^0 J. ft J.
100,000
1001
lOO' 1,000,000
00,700 a.ftN.
100^8,000,000
808.100 I.ft J.
.
S. r. Coiiutv..
N. T. N. i.xch.
Ninth
No. America'..
J.
J.
2X
lulv, '80. 5
•i.OOO.OOO
1,0<XI.OOO
..
iiiU'
41.800,
188.10-)
,000,000
1
I. ft
Germaula
Globe
Greenwich
Lut
BOI),6IO
818,71220
80
800.000
1
1877 1878 1879.
487,.5»8
.300.000
10
,,
Krankllnftillmp 100
Germau-Amer. 100
'
Ju y
30
50
Firemen's Tr
80. 3
lu y, '80. 3U
Aug.,
100
...
Continental., t 100
Kagle
40
KmplreClty.... 100
Kxciiange
80
Karragut
80
Firemen's
17
Ma.-,
4A
J.&
Clinton
July, •80. 7
July. '80. 4
7o.40o!m.&S.
500.000
too.ooo
NuBtm*
.
F.
'..lO.'i.S.X)
ilOO
Mechanics'
Mech. Assoc'n
Mech'lcs & Tr.
Mercantile
Merchants'. ..
Merchants' Ex.
'80.
'80.
J.
I
50 8,050.000
400,000
100
'80.
May.
May,
Imp.A Traders' 100 l..MO.0O'> 8.00W.200 1.4 J.
50 500.00'
Irving
15l.H)oi I.ft .1
Island City" ... 50
100.000
7.500 J. & J,
LeatherManuf. 100 aoo.ooo 441,800:.). 4 J.
Manhattan*
Marine
Market
Aug.,
«r.'80O
17
1.
I880.'
400,000
800,000
300,000
800,000
163,000
300.000
810,000
860.000
80
70
1
Columbia
Commercial
July, '80. 5
Juij, '80. Sii lis
.May, 80. 3>i
Apf , '80. 4
May.
«0.>iO'l
2.'>
('Ity
3W
July
July,
J.
2.'!
Uroalway
Brooklyn
'80.
'no. s
"SO. 8J4
•7B. a
"80. 3
...
July.
Au(t.
July,
i2«
llowery
Citizens'
luly. '80.15
July, '80. an
10
(i^JV
I. ft
y, '80.
3
81 300 F.ft A.
100
Hanover
8
3W
Ir.lf, '80.
754.tlmj .\.ft O.
75o,0(H
7f.
lulj, '81.
Ju
7
e
M.4N.
37h,800
American
+ 80
American fizcb lOO
6
3«
J
J
ft
.J.
100
500,00(1 8. 1 « 1. 700
100 .•J.KOO.OOt l.CBl 300
July, -80. 5
IPO
.
I
.taat
Ju'y
Amount
Par.
Inly. '80. S)i
May, '8<l. Hit
M.&N.
% 1,000,000 1.878.:o«
Broadway.
Butclierd'&Dr. 8.5 300.000
100 8,000.000
Central
ft
OlTIDlaD*.
Surplus.
CoarAHias.
lOU 3,000.000
America'
Am.Bxchange. 100 6,000,000
THE CHRONICLE.
228
[Vol. XXXI.
property owned by the company waa reported to be worth
%nvitstmtnts
$15,000,000.
—
& Quincy. In answer to inquiries
as to the particulars of this company's important
and
leases
since the close of the last fiscal year,
consolidations
the officers kindly furnished the following:
1. The Burlington & Missouri River Railroad in Nebraska
waa consolidated with the Chicago Burlington & Quincy as of
date January 1, 1880, by an a.ssigment of all its property and
franchises. The Chicago Burlington & Quincy Railroad was to
make a dividend to its shareholders of twenty per cent in stock
and one and a quarter per cent in cash out of the surplus earnings of 1879. Then, dating from the 21st of May, the Chicago
Chicago Burlington
STATE, CIT?
made by ns
AND CORPOftATION FINANCES.
The Investors' Supplement contains a complete exhibit of the
Funded Debt of Stales and Cities and of the Stocks and Bonds
last
of Railroads and other Companies. It is publithed on the
Saturday of every other month viz., Febrtuiry, April, June,
August, October and December, and is famished without extra
charge to ail regular subscribers of the Chronicle. Single copies
are sold at $2 per copy.
—
in
This company's increase in earnings haa just been reported
for July, and the plain statement below, showing the actual
earnings in each month, has been compiled for the Chronicle
for the seven months Jan. 1 to July 31. The earnings on the
lines ?ast of Pittsburg & Erie have been very large, showing
an increase in gross earnings for July of |666,738 and an increase in net earnings of $302,890. For the seven months Jan.
1 to July 31 the increase in gross earnings was $4,682,752 and
in net earnings $2,551,444. The Pennsylvania Railroad on
and west has made $4,586,000 more
seven months of 1880 than in the same time last year.
east
all its lines
& Qnincy purchased the Burlington & Missouri
Nebraska stock (89,543 shares) and the Republican Valley
stock (8,530 shares) entitled by contract to equal advantages,
at 120 with its own stock at par that is, giving six
shares for five. The first quarterly dividend on the total of
stock thus formed was two per cent on the 15th of June. The
Chicago Burlington & Quincy further agreed to purchase
Burlington
Pennsylvania Railroad.
—
15,650 shares of Republican Valley Railroad deferred stock,
carrying no dividends, whether regular or extra, till January
1, 1885, at which time the Chicago Burlington & Quincy is to
give its own stock in exchange, share for share, to be entitled
to all subsequent dividends.
2.
ALL LINES EAST OP riTTSBUBG AND ERIE.
January...
rebruary ..
.
..
April
..
May
..
June
..
..
July
Total 7 mo8.. $22,883,715
As
ancy
Net
.
$3,083,5.51
2,944,.576'
..
March
Gross Earnings.
1879.
1880.
$2,543,424
2,538,039
2,603,068
3.278,186
2,630,022
3,488,366
2,708,695
3,417,916
2,390,810
3,221.476
2,782,906
3,449,644
,
.
1879.
$1,019,531
1,172,986
987,223
1,031,028
1,034,093
600,994
999,615
1,396,914
6,845,404
$18,196,964
to the lines west of Pittsburg
&
Ea
1880.
$1,366,298
1,232,182
1,511,248
1,495,582
1,476,852
1.012,247
1 ,302,505
Erie, there
is
a discrep-
The net surplus over liabilities for the seven
reported by the company just as we give it
in the table below— at $l,611,953~but it is said to be an increase
over the corresponding seven months of 1879 of $2,034,721. Our
table for each month of 1879, however, compiled below, shows
that there was then a net deficit of $153,020, making the gain
issued in 1879.
months of 1880
&
is
We
were issued each month by tlie company, and the Treasurer
explains the discrepancy by stating that it "results from
charging at the eni of the year certain interest on bonds of the
Pennsylvania Company and the Pittsburg Cincinnati & St. Louis
Railway Company, and not charging the pro rata for each
month in 1879." We prefer, however, to give the Chronicle
readers the full facts and figures as they have been issued; and
the statement in detail of the result of operations for each
month on the lines west of Pittsburg (never before published)
found of much
Interest.
all lines west of PITTSBURG.
Net Surphis above
. .
1879.
$305,304
116,710
557,171
312,269
February.
March
completed.
all LiabilUies, Iticluding Rentals, Interest,
1880.
j.
April
May
June
11,201
8,471
July
300,827
Nebraska.
Chicago Burlington & Quincy— Hannibal & St. Joseph.—
The New York Herald reports of the scheme recently put in
shape for building an extension of the Hannibal & St. Joseph
Railroad Company to Chicago, under the name of the Chicago
Hannibal & St. Joseph Railroad Company, that the Chicago
Burlington & Quinsy Railroad has proposed such a working
arrangement with tlie latter company as would obviate the
necessity of building and equipping a new line, by giving connections with Chicago and Quincy by existing lines. Negotiations
have been pending, and meetings of the directors of the companies interested have been held in this city this week. The
result is that the idea of building a new line has been abandoned by the Hannibal & St. Joseph, in consideration of which
the Chicago Burlington & Quincy agrees to send business over
the Hannibal & St. Joseph equivalent to the earnings of the
proposed extension. The negotiations have progressed so far
that the only question to be settled is the amount of the guarantee the Chicago Burlington & Qnincy will give on the stock
of the Hannibal & St. Joseph. Another meeting of the two
companies will be held in a few days and the final arrangements
this year only $1,764,973, instead of $2,034,721—a diflference of
have taken the figures for 1879 just as they
$269,748.
will be
to the Burling-
in
—
compared with the statements
in the figures published, as
The Atchison & Nebraska Railroad passed
& Missouri
Nebraska by permanent lease, dated January
1, 1880, ceding all its lands, money, bonds, rights of action and
property of every description in return for the assumption of
The Burlington & Missouri agrees:
its debts and liabilities.
(1.) To keep the road in good repair and well equipped.
(2.) To pay all taxes and assessments and principal and interest of $1,125,000 of mortgage bonds due 1908.
(3.) To give four percent bonds of the Burlington & Missouri
in Nebraska, due 1910, for the par value of the Atchison &
Nebraska capital stock, $3,347,000, and to pay to the New
England Trust Company June 1 and December 1 of every year
are all paid and canceled one per cent, or
till the bonds
$33,470; said sum to be invested in said bonds if to be bought
at par or under, and if not, then in such securities as the New
England Trust Company may determine. The Chicago Burlington & Quincy Railroad, as the successor of the Burlington
& Missouri in Nebraska, assumes its contracts with the Atchison
ton
profit in
$204,149
25,846
73,703
deficit
82,178
deflcit 158.090
deficit 269.182
52,732
Chicago Rock Island
<fc.
Gain in 1880.
$101,155
90,864
483,468
394,447
169,291
277,653
248,095
ment
&
Pacific.-The following
of the actual earnings of this
company
for the
is
a statequar-
first
ter of 1880
April, $822,935; May, $992,056; June, $956,232; total, $3,771,Corresponding three months in 1879; April, $791,8«0
224.
May, $801,070; June, $775,239; total, $2,371,180. Increase in
1880, $400,043. The receipts from land sales in the same time
were $130,000, against $70,000.
Flint & Pere Marquette.— The Saginaw (Mich.) Courier says
Bnrlington Cedar Rapids & Northern. For July the of the sale of ^this road, on August 18, which was referred to
gross, earnings were $143,432
net earnings, $40,417 gross in the Chronicle la.st week " The decree excepted from said
earnings for July, 1879, $107,990 net earnings, $25,4112 gross sale the lands included in the land grant made by the United
earnings since January 1, 1880, $1,125,778 ; net earnings since States and the State of Michigan, to aid in the construction of
January 1, 1880, $390,145 ; gross earnings same period last the said Flint & Pere Marquette Railway ; and also excepting
net earnings same period last year, $246,724. from (^aid sale moneys due or to grow due or heretofore colyear, $761,814
In reply to inquiries, the company states that all surplus earn- lected from sale of lands or timber from the lands embraced in
ings are devoted to the improrement of the property viz.: said land grant. But the sale included the right to call the
relaying main line with steel rails, putting in new bridges, land grant trustees to account for the moneys received, or that
additions to rolling stock, &c., a full statement of which will be may be received from the proceeds of such lands ; and in case
found in the company's annual report in January next. The theVe shall be any surplus after the satisfaction of the trusts
report also states that the proposed lease of the property was for which such lands are held, then such surplus is to go to the
not ratified by a majority of stockholders.
purchaser.
"At the hoar of 12 o'clock noon the Master offered the
Central Construction Company. The conference between
this company and the American Union Telegraph Company property for sale and stated the conditions of sale.
" There was but one bid made, which was the sum of $1,000,was concluded, and the Construction Company declared a dividend of 50 per cent to its stockolders, payable on September 003, and this was made for the committee of bondholders named
1.5 in bonds of the American Union.
Thus far, calls have been below.
" The sale was made subject to prior securities amounting in
made upon only 80 per cent of the amount of the subscription
80 that each holder of $10,000 in stock has actually invested the aggregate, including all interest computed to May 1, 1880,
only $8,000 in cash. The amount of the subscription will be with interest on coupons in arrear, to the sum of $4,025,634,
paid to the stockholders in the Construction Company in which amount of prior securities, however, is liable to be
American Union bonds and stock at par, thus extinguishing the reduced by land assets when the same shall have been realized
company when the purpose for which it was created ceases —by a id applied by the trustees of the prior trusts. The land
giving its stockholders an equivalent interest in telegraph stock assets referred to consist of about 160,000 acres of land unsold,
in addition to the 50 per cent dividend. The American Union which it is estimated will produce at least the sum of $1,000,000.
has decided not to issue any more bonds at present. The F jr lands already sold there is due to the trustees about another
Net
for seven
months
$1,611,953
deficit
$153,020
$1,761,973
—
;
:
;
;
;
;
—
—
;
—
August
THE CHRONICLE.
28, 1880.J
2z9
million, and the tmstees have in hand to use for retiring bonds The following cop^r of the act of incorporation was mailed,
something over $200,000. So that the prior debts mentioned August 25, for registration at Albany:
above will be rednced bv the application of these land assets AKTICI-Eg Ol' ASSOCIATION OF TIIK KEW VOIIK LACKAWANNA & WESTER.'*
RAILWAY COMl'ANV.
to about $2,000,000 probably a trifle less. The purcha-sers
Know all men by these prescuts, that we, the iiiidariilKncd wboRe
also take the property charged with the indebtedness out- nanicH are hereunto siiliwrilied, under and In jiurHuaiine of an a<"t of
the
standing against the Receiver, which amounts at this date IvCRlslature of the State of N<!W York, entitled " An ai:t to autliorizc the
fonuatlon of railroad coii)orationH anil to leKiiUte the damn " paiwcd
approximately to the sum of $500,000.
Apiiiy, 1S50, and the aetH amendatory theieof mid Buppleincutarr there" The sale was made at the instance of the holders of the to, hav(v aisociated ourselveH to>feth(rp
and do heruiiy omociattf ourconsolidated bonds, who by this process and bv reorganization selveH together, for the purpo»e of conHtruialnc, iiiaintalnlnE and
a
railroad
for
oporatliiK
public
use
In
the
conveyanee of porHotiH and
into
preferred
stock.
plan
reorwill convert their bonds
The
of
—
ganization contemplates the issue of preferred stock to the
amount of $6,500,000, and the plan also recognizes common
stock to the amount of $3,500,000, which will not be issued,
however, until the preferred stockholders shall have received
from the net earnings of the road five consecutive annual dividends of 7 per cent or semi-annual dividends equivalent thereto.
When that contingency shall arise, then this common stock is
to be issued and delivered to the holders of receipts for common
stock given by the bondholders' committee.
The purchasing
committee consists of H. A. V. Post, of the firm of Clark, Post
& Martin, 34 Pine Street, New York, Chairman; L. Snow, Jr.,
and Francis Hathaway, of New Bedford, Mass; H. H. Fish and
Dr. A. G. Brower, of Utica, N. Y. The total amount of consolidated bonds outstanding, with interest computed to May 1,
1880, together with interest on coupons ia arrear to the same
datp, is the sum of $6,236,368, represented by 4,470 bonds, of
which there have been placed in the hands of the committee
by their owners 4,381 bonds, leaving only 89 outstanding. AH
those who have surrendered their bonds into the hands of
the committee will be entitled to share in the reorganization
in accordance with the programme of the committee.
The
committee who have become the purchasers will proceed at
once to procure a confirmation of the sale, and will then organize a new company, which it is expected will be called the
Flint & Pere Marquette llaUroad Company, to take charge of
and manage the property. The committee will associate with
themselves Jesse Hoyt, Cornelius D. Wood and James C. Parrish, of New York, William W. Crapo, of New Bedford, and
Henry C. Potter and W. L. Webber of East Saginaw, as directors, so that the new board will consist of eleven members. It is
expected that arrangements will be completed so that the new
company will take possession of the road on the first day of
October, 1880. The first rail of the road was laid at East Saginaw
on August 19, 1859, so that the day of sale completed 21 years
of the history of the road.
The property conveyed now consists of 300 miles of road and 74 mUes of sidings.
Two
hundred miles of the main line have steel rails. The equipment
transferred to the new company will consist of 51 locomotives,
42 coaches, 12 baggage, mail and express cars, 332 box freight
cars, 561 flat cars, 20 conductors' cars and 5 boarding cars."
property, and for that purpose do hereby make, tilim and cxceute
these articles of assix^latlou.
1. The corporat« name of tlio said ronipany shall be the
New York
I.acka wanna & Westeni Railroad (,'oinpaiiy.
2. Said oompany is to eoutinue lu existence for the period of
one hundred years.
3. The places from and to which the sail railroad eotnpanv Is
to be
constructed, maintained and operated, as herein provided fo"r are hh
follows, to wit: Commenclii»; In the city of BlnRhaniton, In the county
of Broome, lu the State of New York, running thence In a ceiieral nortnwesterly direction throURh the counties of Broome, Tioca Tomnklns
Schuyler, Steuben, Llvlnxston, Wyoming and Krie, to and luto the cltT
of BuflTalo. and to or ueai- the International Brid>;e and theiiee to the
Niagara River, in the county of NiaKara, to connect with the Suspension
Bridge over said river now constructed, or with a bridtre or bridges
wlilcL may hereafter be constructed over the said river lu the said
county of Niagara, with a branch from the main line above described to
be constructed through the counties of IJviugstou aud Monroe to and
Into the city of Koihe»ter.
4. The length of said road and branches Is to bo about three hundred
(300) miles, aud the lines of railroad eontemplated and herein provided
for shall be constructed with all proper turnouts, sidings aud branches
'
depot buildings aud all the appurieuanccs of a railway.
5. The amount of capital stock of the said railway eompany shall he
fen millions of dollars ($10,000,000), oonsistlug of one hunared thousand
(100,000) shares of one hundred dollars ($100) each.
G. Tiieuamesand places of residence of the thirteen directors of the
said company who shall manage its affairs for the tlrst year and until
others are chosen In their place are as follows:
SamuelSlo.an. New Y'ork City; John J. Blatr, Blalrstown, N. J.; E. 8
Higgins, New tork City; George Bliss, New York City; Percy K. Pvno
•
" Clark,
New York City William E. Dodge, New York City Benjamin
Br' - «.
Jersey City N. J.; Jay Gould, New York City Sidney
idn
Dlllor;, New York
City ;_Rii8sell Sage, New York City; Solon Humiihreys, Bayonne, N. J
John F, Dillon, New York City Walters Gurneo, Irvingtou, N. Y.
In witness whereof we, the said associates, have hereunto rcsiiectlvelT
subscribed our names and respective places of residence, and (lo hereby
severally agree to take the number of shares of stock in the said company set opiiosito our respective names.
Dated this Soth day of August, 1880.
[Here follow the same uanies as above, together with the following:
Fred. L. Araes, Boston Louis P. Childs, New Y'ork City Fred. F. Chambers, New York City; E. K. Holden, New York City M. T. Pyne, New
York City; A. D. Chambers, New Y'ork City; Geo. W. B. Cashing, New
York City Chas. C. Niebuhr, New York City A. U. Calef . New York
City .lames M. Ham, New York City: Thos. T. Eckert, New York City ;
G. M. Dodge, New Y'ork City ; W. E. Connor, New Y'ork Clty.J
'
;
;
,
—
;
,
;
;
;
;
;
;
;
New York Woodhaven & Rockaway.—This short but import
ant line of railroad was opened very successfully this week.
The trains start from the stations of the Long Island Railroad
at Hunter's Point, Flatbnsh Avenue and Bushwick Station,
Frankfort & Kokomo.— A despatch to the Cincinnati Inquirer Brooklyn, running for a part of the distance over the Long
says: " The Lake Erie & Western Railroad has succeeded in gob- Island road. The new road connects with the Long Island
bling up a controlling interest in the Frankfort & Kokomo Rail- Railroad at Gtlen Dale on the Hunter's Point Division, and at
Woodhaven the trains take the Long Island road for Flatbush
road, and have taken formal management of the same."
At Woodhaven the new road crosses the Long
Avenue.
Grand Trunk of Canada.—The following official statement Island road by a trestle to its connection between Glen Dale
was issued in London: "I am instructed to intimate that, and Richmond Hill with the South Side line. The road is
subject to audit, the accounts for the half-year ended June 30 double track and laid with steel rails for the most part, and the
kst show a surplus, after payment of the interest on all the distance from the Rockaway Hotel, which is the end of the
pre-preference securities, of £122,670. The dividend on the road, to Hunter's Point, is about fifteen miles, and the runfirst preference stock, which is payable on the 1st of Septemning time is only thirty-four minutes.
ber next, will absorb £80,374, leaving £42,296 to be carried forITie equipment of the new road is magnificent, and consists of
ward to the next half-year and this sum, subject, of course, to parlor cars built by the Jackson & Sharp Company, of Wilminga sufficient amount being earned in the current half-year end- ton, Del., and other leading builders, after the general pattern
ing December 31 next, to complete the full year's dividend on of the Sixth Avenue elevated cars. The locomotive engines are
the first preference, will be applicable as dividend on the large and powerful, with six-foot drivers, and are built exsecond preference stock.
J. B. Renton, Secretary."
pressly to insure the greatest amount of speed.
Jiessrs. Fisk & Hatch, of 5 Nassau Street, consented, when
Marietta & Cincinnati. Messrs. John A. Hambleton & Co.,
of Baltimore, speaking of this road in their circular, say that the bonds were ready for sale, to take the negotiation of them
the first mortgage bonds carry six over-due coupons (21 per in this market, and the company was fortunate in securing the
From the great panic of 1873 Messrs.
cent)
second mortgage bonds
carry also six over-due services of such a firm.
coupons (21 per centj and third mortgage bonds seven over-due Fisk & Hatch emerged with a record and a reputation for honcoupons (28 per cent). They say that the Marietta & Cincin- orable dealing which was hardly equaled by that of any of the
nati Road, since it has been iii the hands of a Receiver, has been banking houses which ware at that time negotiating railroad
put in first-class condition. The greater part of the road has loans and were obliged to succumb for a while to the emerbeen relaid with steel rails, new bridges have been built, and gencies of the crisis. They had placed large amounts of the
new rolling stock added. A large part of the earnings has best railroad securities put on this market the Central Pacific
been used for several years past for this purpose, and although bonds and had been prominently identified with the Governthe bondholders have had to wait for their interest, their prop- ment loans. In selling the Chesapeake & Ohio bonds, they
erty has been greatly and permanently improved. Again, the acted as financial agents for a corporation which had one of the
business of the road has during the last two years increased strongest boards of directors ever shown by a new railroad
wonderfully, and the earnings are at the present time larger company, and when the panic came it was found that Messrs.
than ever before in the history of the road. The earnings for Fisk & Hatch had backed up everything they had recommended
1879 were $500,000 in excess of 1878, and up to July of this year to their customers by investing heavily of their own money
there was a gain over last year of $300,000. The earnings for in the Chesapeake & Ohio securities. After carrying on a
successful business as bankers and dealers in Government
July, 1880, show an increase of $70,000 over 'same month
last
bonds during the trying period from 1873 to 1878, we find
year.
Messrs. Fisk & Hatch again appearing in 1879 as promiNew York Lackawanna & Western—Wabash—Pelaware nent members of the last and greatest of the Government
Lackawanna & Western.—The rumors which have been cur- bond syndicates, which
remainder
entire
the
took
rent for a number of days that the Wabash and Delaware of
cent loan and placed
4 per
States
the
United
Lackawanna & Western capitalists would join in building anew the bonds very quickly at a handsome profit. Integrity and
line of road from Binghamton to Buffalo, iSf. Y., have
at length unbounded loyalty to the Government,and confidence in its purtaken definite shape. The proposed route when finished will pose and ability to fulfill all its obligations, have been two of
form with the Delaware Lacka. & Western a new trunk line the great secrets of success in the business of this firm. .Asa
from Buffalo to New York City, and will be used by the Wabash minor point, but one by no means insignificant. Messrs. Fi*k &
Company (with the Great Western of Canada) for its eastern Hatch have always recognized the power and influence of the
outlet^ It Ls said to be a part of the plan, also,
to build a respectabje newspaper press. They have been liberal adverbranch from some point on the new line to the city of Roches- tisers, but their business has been, if anything, more acceptwas
ter. The estimated cost of the main road is
$10,000,000, which, able to the new.spaper men from the manner in which it
it IS said, has been pledged and the first
has
$3,000,000 paid in. transacted than from the amount involved. The firm
;
—
—
;
—
—
THE CHRONKJLE.
230
as if they were
clealt directly with the newspaper publishers
wwld,
entitled to a respectable consideration in the business
and thev have never kept a pair of tongs with which to hand
graced
^„k
ortcortiacinpntK ana
nnH tneir
thi^ir tnecKS
fhecks °'?''
nor have
their advertisements
"^-^^ theV
out n,,^;,:
^
'VJ-*
legena
popular f._„„
-the walls of their counting house with the
gilt frame,
in
i
•
[Vol. XXXI.
lield certain, is not romnicnccd with the view of heing caiTlf d throueh,
but merely to oeeupy the Kiound In the names of respeitalile people and
secure time for neKOtiatiou on behalf of tlujsc lower iuterests. The
e only to join
.join tojfether
toftttlu r and
niid kei
keep tlnn in onler
moituiigc boudlioUleis 'Imve
cnn foreelose for themselves whenever
to obtain their full rights. They can
And
the
future
of
the
property
f.ir too valuable
so.
is
to
do
thev
plensc
-..i
._,
,,
.
.
..
_ ..
for'tlio shareholders oi;d open bondholders to let It be lost. But they
will certainly endeavor to get as ninth luUilgeme or abateiueut as the
mortgnsc bondholders may be soft enough to give tliem."
Savannah & Charleston. The Receiver of this road, by
order of the Court, has formally turned over the property to
the purchasers at the foreclosure sale, organized as the Charleston & Savannah Railroad Company.
gave last week the decision of
Trunk Line Freights.
the Railroad Board of Arbitration in the Grand Trunk case.
The following will show the percentage of the roads in the
east-bound pool from Chicago before and now
I'KESKNT PKRCEST.'^OES.
FORMER PERCENTAGES.
26 p. c.
31 p. e. Michigan Central
Michigan Central
Lake
Shore
23 p. c.
26
c.
Lake Shore
p.
23 p. c.
26 p. c. Fort Wavne
Fort Wavne
10 p. c.
lOp. c. Pan Handle
Pan Handle
8 p. c.
8 p. c. Baltimore & Ohio
Baltimore & Ohio
Chicago & Grand Trunk... 10 p. c.
,
,
" Beggars, Peddleks and Newspaper Aoekts
-excluded."
-
-
.'.•..
—
Northern Paolflc— This company is now offering its bonds
the Pend D'Oreille Division, which extends from the iunction of the Snake and Columbia Rivers in Washington lerritory eastward to Lake Pend D'Oreille, a distance of 22.') miles.
We
Shese bonds amount in the aggregate to $4,500,000, being at
the rate of $20,000 per mile dated September 1, 1879, due
September 1, 1919 interest six per cent, payable semi-annually,
March and September, at the company's office in New York.
The mortgage covers the road above described and the lands
appertaining thereto, the amount of the grant being 25,600
Acies per mfle; and we are informed that the steel for the entire
division has been purchased and the greater part has arrived at
the mouth of the Columbia River. The road is under contract
to Spokane Falls, 152>6 miles; the grading is expected to be com100 p. e.
Total.
pleted that distance by the 15th of September next, and rail100 p.
Total. ..^.
iiying by January 1, 1881.
In live-stock business, which is pooled separately, it was deThe receipts of the company, exclusive of the sales of land, cided by the arbitrators that the Chicago & Grand Trunk should
for the year ending June 30, 1880 (on 720 miles operated), are get 6 per cent, or about 60 car-loads per week. The following
given at"f2,230.181.
statement, compiled in accordance with the new award by the
$2,.500,000
Total bonded dei)t, Missouri Division
Trunk Line arbitrators, shows the overs and shorts of the roads
4,.500,()00
Pond d'Oreille Division
east from Chicago from June 1, 1880, the arrangement dating
$7,000,000 back to that time, up to August 14, 1880 Michigan Central,
1880
146,000
June
30,
lands
to
sale
of
by
1*88 canceled
short 2,385 tons Lake Shore, short 4,506 tons Fort Wayne,
over 2,444 tons Pan Handle, over 3,231 tons Baltimore &
$6,854,000
bonds
Total
Ohio, over 13,853 tons Chicago & Grand Trunk, short 11,837
miles
of
The company now owns or controls by lease 864
tons.
completed road, divided as follows
Miles.
Union Pacific. In regard to the Kansas Pacific consolidated
44G bonds, the trustees, Messrs. Jay Gould and Russell Sage, made
Buluth to Bism.arck
on
—
;
;
:
:
;
;
;
;
;
—
Brainerdon the main line
Bismarck to the Green Klver
West of the Green River
•Ciisseltou Branch in Dakota
Kalama on the Columbia River north to Tacoma on Puget Sound
136
St. Paul to
Wo
".
—
—
3
the following statement a few weeks since
$12,155,000
Consolidated bonds outstanding
-jO
Issued to retire the following securities, viz.:
10a
$1,784,000
$1,500,000 Denver Pacific Ts
40 Fimding 10s
Tacoma southeast (part of the origiual main line)
507,000
1,686,436 Boulder Valley
First land grant 78
CertiUcates A. A. A.
127,185
l,484,00o
grant
79.
land
^64
Second
Total
292,000
Leaven'h Branch 78
Total
11,821,521
There remain to be constructed, in order to fully complete Income 78
3.195,900
the continental line, approximately 1,394 miles from the present Arkansas Valley 7s... 1,045,000
terminus in Dakota to Kalama, and 250 miles more if the proIn addition to the above, the trustees hold as part security
posed branch line over the Cascade^ Mountains in Washington for these bonds the following first mortgage bonds on the valu.
nmre
Sixty
miles
Territory direct to Puget Sound is included.
able branch lines of the company,. with lands and land notes,
of the Missouri Division, extending from the Missouri River 220 viz.:
it
is
graded,
and
hoped
miles to the Yellowstone, are already
Land notes for lands
Junction City & Fort
soid
$1,743,000
$970,000
Kearney 78
that the iron will be laid over the entire division by December
3,000,000 acres belongRailroad
Solomon
in
consequence
miles
only,
720
upon
Earnings are reported
1.
exclusively
to
this
ing
575,000
78
of the fact that on the divisions under construction the earn- Snlina & Southwest'n
trust, valued, on the
average of last year's
300,000
ings go to construction account, and so are not put in the re78
8ale3,at$4 60auacre 13,800,000
CarBoulder
&
Golden
ported earnings.
|
.
.
Philadelphia & Reading.—The Receivers now issue their
monthly statement of earnings, showing the net as well as
gross receipts both for the railroad and the Coal & Iron Company. From their comparative figures the following clear statement of the results has been compiled for the Chronicle. The
«et earnings are made after deducting rentals of leased lines
with the operating expenses.
BAILROAD FOR JULY.
yet Receipts.
$286,257
346,708
Gross Reeeiptt.
1880
1879
$1,282,834
1.303,521
FOR EIGHT MONTHS.
$10,914,890
8,879,846
COAL i, IRON COMrANY FOR JULY.
$850,579
1,085.376
FOR EIGHT MONTHS.
1879-80
1878-9
1880
1879
1879-80
1878-9
$2,428,806
2,158,618
$33,954
Loss 109,887
Loss $59,076
Loss 582,254
$6,.501,.565
6,517,760
;
John M. Douglas & Son, stock brokers,
Ijondon, bearing date on the 9th instant, has these remarks
"The Philadelphia papers say there is a valuatiou being made of the
railway, which we have heard of iu other American cases, but which,
accordiug to English ideas, is very worthless. Every one kuows how
The
circular of Messrs.
:
valuations differ, even In the easy case of an ordinary marketable house.
In the case of a railway or other great work no valuation is worth
iiaving except what is based on its net annual profits.
" Coinmlttees are expected to be formed iu Philadelphia by the Americans Interested; these are— 1st, a fcwrailroad mortgage bondholdei-s,
most of whom hold their bonds not .as owners but merely in pledge for
part of the floa ing debt: 2d. railway unsecured or open bondholders;
ad, Coal A Iron Company's creditors; 4th, guaranteed and leased companies not earning the sums guaranteed, and those interested In them;
»ih, railroad shareholders. Perhaps there may be some others. In the
vevy similar recent case of the Central of New Jersey, arranged without
Joieclosure, there were at least five committees needed Id New York,
Tepresenting separate and opposing interests; so the cry for a single
committee here is absurd. In the Reading case thediverelties of interest
ave at least as great as in the Jersey. Most of the leases and guarantees
cause no loss, and their holders need not interfere.
"The interests of the Americans "who mostly hold shares and non-mortRaged securities must be opiwsed to those of the English mortgage
O)ondholders, but must in the main agree wiih those of Messrs. McCalinout and their nominee committee.'
" Therefore there is much need for an Independent Mortgage Bondliolders' Committee, and bondholders should at once send their uamesto
the Foreigu Bondholders' Corporation, Moorgate Street. London, which
Involves uo responsibility, but merely enables communication with them
o be had.
" One thing has become certain about the future there will be no
foreclosure. Under the laws of Pennsylvania It would utterly destroj'
-, ^
,
...
,.
TUey „„,
will submit
to
8 of the shareholders and open bonds.
juxy terms rather than that. The present foreclosure Eult, It may be
'
'
ibou 78
Nat'l
,
Co. stock..
60,000
94,800
Total.
.$17,542,800
taking stock.
—Attention is called to the card of Messrs. Mills, Robeson &
Smith in this issue of the Chronicle, who have just removed to
spacious offices at No. 34 Wall Street, this city (formerly occupied by Messrs. W. T. Hatch & Sons), where their many friends
This firm is well known in Wall Street,
will now find them.
and buys and sells on commission all securities dealt in at the
Stock Exchanges of New York, Boston, Philadelphia and
San Francisco; also makes a specialty in future options in
grain and provisions at Produce Exchanges of New York and
Chicago, and receives accounts of banks, merchants and others,
and allows interest upon deposits subject to check at sight.
The New Y'ork, New England & Western Investment Co. give
notice in our advertising columns that they have the authority to
compromise and make a settlement with the holders of bonds
issued by the towns of Oran and East Lincoln, in Illinois, to
the Havana Mason City Lincoln & Eastern Railroad Company.
For the purpose of this compromise these towns have issued a
new series of 7 per cent 5-20 years registered funding bonds,
and have placed them with the above well-known company,
:
,
Land
These assets are pledged exclusively for the payment of the
$12,155,000 bonds now outstanding. The proceeds of the land
sales and other lands as sold and the income on the first mortgage constitute a sinking fund to be used to retire and cancel
the bonds. The bonds must be bought for this purpose in the
market at the best Attainable price. In addition to the foregoing, these bonds are a mortgage on the entire road and rolling
stock of the Kansas Pacific Railway, their payment— principal
and interest— being assumed by the Consolidated Union Pacific.
Wabash St. Louis & Pacific-It is reported that this company have decided to issue $1,500,000 of additional stock, in
accordance with the agreement made in purchasing some of its
Western connections, whose stockholders had the option of
'
,
. .
,
I
with the authority as stated.
By reason of the prompt response of investors, Messrs.
Winslow, Lanier & Co., who are offering the 7 per cent first
mortgage bonds of the Ohio & West Virginia Railroad Company, have raised the price to 102 and interest, reserving the
right to advance the same without notice.
^Messrs. Levy & Borg report that the first mortgage bonds
of the Memphis & Little Rock Railroad Company continue to
from the public, notwithstanding that the
ia...^i i^^^
yriiii favor
meet
lueci. with
,\,„„
„A i^i- . .„i. .^„ h,q ic*v. inat
price was advanced to 94 and accrued interest on tJie Ibtn inst.
August
28, 1880.
THE CHRONICLE.
J
E\xc ^ommcvcx'iXl
231
TT O N.
OO
^imcs.
Friday, P. M.. August
Fridat Nioht. Ang. 27, 1880.
The course of general trade Las been active, unusually so for
the last half of August. The volume of business with many
Louses exceeds the most active periods of previous seasons.
The weather has latterly been pleasant,—just such as would
naturally stimulate the action of buyers. Still, prices are low
and proftts not large. Dealers are pursuing a very conservative course, and probably the whole trade of the country was
never on a more solid basis.
regular trade thrives.
Speculation
suflfers
87, 1880.
The Movkmbkt or the Crop,
(JOxMMERClAL EPITOME.
somewhat, but
from the South to-night, is
evening (\ug. 27), the
this
bales, against 8,398
week and
as indicated hj our telegrams
given below. For the week ending
8,091 bales the preriotM
weeks
8,983 bales three
receipts for
have reached 31,133
receipts
total
bales last week,
The details of th*
per telegraph) are aa
since.
each day of this week
(as
Hon.
Wed.
follows:
at—
Reecipta
New
Orleans
Mobile
S<tt.
Cliarleston
Tue».
92
423
438
80
209
140
107
174
525
1,010
1,088
81
. .
Thurt.
48
161
TolaL
Fri.
137
era
526
192
25
166
2,023
3.SS1
776
679
1,726
0,8M
490
1,889
Port Koyal.&o.
The speculative movement in provisions has been somewhat Savannah
The Chicago market has declined, and naturally Brunswick,
checked.
New York sympathized. To-day the tone was steady, and me.ss Galveston
&o.
399
449
868
800
870
34
34
804
813
4.340
813
pork was sold on the spot at $15 75@$16 25 and family at $16 Indiauola, iiO...
Teune.ssee, &o..
205
117
473
308
193 1,232
2,529
August options were quoted at $15 80 asked Septem- Florida
23
23
ber, $15 85
October, $16 and November, $13 60@516. Bacon Wilmington ....
15
40
4
24
92
175
retains considerable strength and closes at 85^@3Mc. for long Moreh'dC'ity,iS:c
15
15
84
106
440
381
360
231
1,602
clear G}ic. was bid for long and short clear together, Decem- Norfolk
City Point, Ac.
277
277
ber delivery in Chicago. Lard showed a slight improvement
to-day, and prime Western was sold on the spot at 8'15@8'20c. Totals this week 1,824 2,109 3,352 3,072 2,509 7,957 21.123
And choice do. 8'27/^c.; August contracts brought 815c., SepFor companson, we continue our usual table showing this
^ovembe^ 8-05@ week's total receipts and the totals for the corrasponding
tember 8-05@8-10e., October 8-17?^@S-20c
weeks
S'lOo.. seller yearSc; refined to the Continent quoted at 8"47/^c. of the four previous years
Tallow is easier and more active at 6%@6?^c. forprime. Cheese
Receipts this lo'k at—
1880.
1879.
1878.
1877.
1876.
has advanced, and closed firm at 12^@13e. for prime to choice
New
Orleanp...
1,389
779
1,091
749
1,531
State factories and 12@12Mc. for Western. Butter rules firm
MobUe
602
126
453
140
489
following is a comparative summary of
@$17
;
;
;
;
;
,
:
\
for fine grades.
The
aggregate exports from November
1879-80.
Pork
Bacon
Lard
1 to
1878-79.
August
Charleston
21:
Inci-ease.
........
322,362,401
60,693,BOO
603,730.237
288.057,884
13.965,265
34,304,517
Total. ..lbs. 1,059,132,903
1,012,481,721
48,269,782
lbs.
lbs.
lbs.
.'59,075.000
677,695..'502
91
3,521
1,408
PortEoyal, Ac.
Decrease.
1,618,600
Savannah
Indlanola,
1,618,600
i&c...,
Tennessee,
afcc.
Florida.:
2,069
601
322
459
569
5,804
4,340
813
2,582
23
190
1,602
Galveston
33
5,500
5,901
135
139
565
28
301
4,036
3,963
2,141
3
437
1,621
11
113
2
S
There has been a further decline in hops the past week, and North Carolina.
loa
233
49
99
good to prime of the crop of 1880 are quoted at 20@30c. and Norfolk
198
274
311
001
277
151
yearlings at 10@20c. Crop accounts from the interior of New City Point, Ac.
29
23
York State say the weather has been unfavorable and lice and
Total this week ...
21,123
4,875
15,781
4,335
13,273
mold have increased, with some rust, and it is probable that the
Total since Sept. 1.
crop will fall below that of last year. There will be an increase
on the Pacific slope and in Wisconsin, but from Michigan acThe exports for the week ending this evening reach a total of
counts are conflicting. In quality, it is believed by the Coopers- 8,788 bales, of which 6,799 were to Great Britain, 625 to
town. Journal that the crop of 1880 will fall below the crops of the France and 1,361 to rest of the Continent, while the stocks as
two preceding years. There will be more weak, moldy and made ud this evening are now 131,310 bales. Below are the
immature hops, and consequently a much wider range of exports for the week and stocks to-night, and a comparison wlUt
the corresponding period of last season.
prices.
A
good strong tone pervades the grocery market. The
volume of trade is fairly liberal, supplies are well held, and Rio
coffee tends toward higher figures; fair cargoes were quoted
to-day at 15Mo.; jobbing lots, 14>6@17Mc; mixed grades closed
firm at 19@i3/6c. for Java and 14@18c. for Maracaibo. Rice
rules rather quiet at 5@7c. forCarolina.
Mola.sses firm at 37c.
for 50-test refining Cuba. Raw sugars were active and firm;
fair to good refining Cuba, 7M@7>^c.; centrifugal, 8M@8%c.;
refined closed firmer at 10>^@10^c. for standard "A" and 10^
@10%c. for hards.
Naval stores have snown much irregularity, but toward the
close there was a reaction and spirits turpentine was firmly
held at 33>6c. Petroleum, though quiet, was firm at
for
refined in bbls.; crude certificates closed better at 9lMc., after
selling at 8H%e. All metals rule very strong, and pig iron, both
foreign and domestic, finds a good sale, No. 2 American $2?®
$24, and Glengarnock $25. Steel rails are quoted at $60@$63
at themills; iron, $47@$50, and old do., $28@$30. Ingot copper
quiet at 19c. for Lake.
Ocean freights have been anything but active; at times an
ea-sy tone was noticed, but subsequently grain room received
better attention, and this fact improved the tone. Engagements
of grain to Liverpool, by steam, 7d.; cotton, 5-16@%d.; bacon,
30@35s.; cheese, 40@45s.; grain to London, by steam, 6>^d.; do.
to Avonmonth, by steam, 6%d.; do. to Hull, by steam, 7i^d.;
do. to Leith, by steam, 7d.; do. to Hamburg, by steam,
63. 7^d. per qr.; do. to Cork for orders, quoted 6s. per qr.; refined petroleum taken to Bremen, Ss, 9d.j do. to the Baltic,
53. IJ^d.
The market for Kentucky tobacco was fairly active, with
prices as last quoted; lags 4@5>6e. and leaf 6@12)^c. Seed
leaf has been more active, and sales for the week are 1,775
eases, as follows: 150 cases 1878 crop. New England, 12@15c.;
400 cases 1879 crop, New England, 15@25c.; 250 cases 1878
crop, Pennsylvania, 10>6@30c.; 500 cases 1879 crop, Pennsylvania, ll@25c.; 125 cases 1878 crop, Ohio, ll@13c.; 50 cases
1879 crop, Ohio, 7^@8c.; and 200 cases sundries, 9@18c.; also
450 bales Havana, 85c.@$l 10.
Foreign wools are firmly held. Cape selling at 31@31)6c. and
Ea.st India at 39@40c.; but domestic fleeces are depressed, and
prices somewhat unsettled.
Large sales of " territory" were
dUc
made
at 28@30c.
Week
EXPORTED TO—
ending
'ContiGreat
Aug. 27. Britain. France. nent.
Total
Same
this
Week
Week.
1879.
N. Orl'ns
.Mobile..
Charl't'n
Savan'h.
Oalv't'n-
620
N. York.
Norfolk-
3,432
Other*..
2,747
R9n
625
1,364
5,421
1,008
5,937
2,747
504
423
STOCK.
1880.
29,672
2,721
2,871
7,662
1.596
71,210
3,588
12,000
1879.
4,432
313
172
1,323
5,07<
46.198
68»
8.000
rot. this
week..
6,799
625
8,783
1,364
7,870 131,320
66.398
Totslnce
Sept. 1..
2606,017 396,182 856,309 3858,503 3421,254
....„
*Theexnort9 this "tT09k under the head of "other corts" include, from Bal«
more, 1,40) bales to Liverpool; from Boston, S9tf bales to Liverpool; from.
Philadelphia, 44S bales to Liverpool.
i'rom the foregoing statement it will be seen that, compared
with the corresponding week of last season, there is an innream
in the exports this week of 918 bales, while the stocks to-night
are 04,923 bales more than they were at this time a year ago.
In addition to above exports, our telegrams to-night also give
ns the following amounts of cotton on shipboard, not cleared, at
add also similar figures for New York,
the ports named.
which are prepared for our special use by Messrs. Carey, Yale h
Lambert, 60 Beaver street
We
On Shipboard,
AUO. 27. AT—
NewOrleans
Mobile
cnarleston
Savannah
Galveston...
Tc*»l
264
None.
None.
None.
250
None.
3,000
None.
None,
None.
Not reo elved..
None.
None.
None.
1
854
None.
Total.
Stock.
tcise.
None.
None.
None.
None.
i'.o'oo
3.824
Learina
Coast-
854
2.821
None.
None.
None.
None.
Sew York
Other ports
not cleared—/or
France. Other
Foreign
Oreai
Britain.
3.51«l
3,912
None.
230
3,000
None.
25.730
2.721
2,621
4,662
1.596
r,oo6
8.192
n\
»t8
THE (.^HRONICLR
232
following is our usual table showing the movement of
all the ports from Sept. 1 to Aug. 30, the latest mail dates:
The
eotton at
y
2.
EXPORTED SINCE
KECEIPTS SINCE
SEPT.
Ft>aT8.
SEPT. 1
TO—
1.
1878.
1879.
362,254
514,653
706,144
571,558
147,667
56,701
135,195
560,308
219,966
BaVh..
QalT.*
•K.Yori
Florida
S. Car.
Horfk*
Other..
84,189 10,143 17,335
154,040 20,625 170,109
185,152 18,950 219,990
221,905 23,831 49,679
497,956 44,440 93,862
OD •
<C 3!
»
w o«g
111,687
344,774
424,092
295,415
636,258
2,970
1,380
3,653
2,480
72,130
35,487
250,295
310,004
3,4S8
13,750
2*ti
5*3.
^1
S n
so
a>
Of
^
;
CO
pi»)
.
i
o3-£-S
o re a
S
;»'^
ej
^
;
"
e »
E'R. a
:
eg.
I
rt
Id
a
D
'
c
:
"P
I?;
ill:
2.2.
»
I
;
;
?
^
...
23,863
245,904
281,402
1,177
1,479
10,447
8.912
28,602
439
^
:
2599,218 395,557 851,945 3849,720 130,799
Ihlsyr. 4916,971
4448,406 2079,775!414,27l!919,338'3413,384
lAet ye ar
^
85,176
10(0
Under the head of Charliston Is Included Port Royal, Ac. under the head ol
Bamaton la Included Indlanola, &c.; under the head of Hor/otk is Included Cio
•
tO'-'
06
8«
Faint, &c.
with the advices from Liverpool, but prioes receded a few points
at the close, and on Monday quite broke down, under sales to
realize caused by the continuance of very good weather at the
Bouth. There was a pretty general recovery on Tuesday and a
stronger opening on Wednesday, but the close was at some decline, under a dull closing at Liverpool and exceptionally good
weather at the South. Yesterday there was something of a corner on August contracts, and they advanced materially, but other
futures slightly declined. To-day the market was slightly
lower under weak Liverpool advices, the early months yielding
most. Spots were advanced 3-16c. on Saturday, to 11 15-16c. for
middling uplands. There was no change for the succeeding
three days. There was a very fair business for export from day
to day, but the demand for home consumption was very small.
Yesterday there was a further advance of 1 16c. To-day the
market was quiet, closing somewhat nominal at 12c. for middling
uplands— an advance of ic for the week under review.
NEW
UPLANDS.
Sat. mon Tues
Sat.
ORLEANS.
inon Tue«
o
Olf-
10 10
©?>
I
coco
aw
OOfJ
-1
I
M
SCO
I
00
00 -i
COD,..,
00*4
CD'i)
8.0
I
CiCi
®«
t-t^
OOo
<f.6o
00
C-TCJi
CiC3
00
-4^1
«COo
— — :q
I
6-40
1011,6
10%
10%
11'3«
11%!
ll''l«
lllfl
G'd Ord
liOW Mldd'g
Str.L'w Mid
MlddllnK...
Good Mid..
Btr. G'd Mid
Mldd'g Fair
Fair
Str.
1111,8 11%
1115,6|12
127,6 I2I2
1211,6 1231
133,6 II3I4
1313,6 is^a
11=8
1113,8 ll's
121l6 121s
129,6 12%
1213,8 1278
135j6 13%
131°18 14
1134
12
I2I2
123.1
1314
1378
STAINED.
Good Ordinary
-¥
ft.
Ijow Middling
Middling
813,6 878
97,8
91a
10',6 IOI3
1013,6 107e
US16 Ui«
U78
1218
12%
1278
13%
14
1113,6
121,8
129,8
1213,6
13o,„
1314,8
mon Taes Wed
Sat.
Good Ordinary.
878
9>3
101a
lO'e
87„
87„
87,6
S7l6
93,,
9326
93,,
93l6
91»,6 915,
915,6
1013,6 1013,8 1013,6 1013,
MAKEET AND
CLOSED.
Firm, at 3,8 adr.
Dull
Wed
Steady
Steady
Thurs
FliDi at 1,6 adv..
Fri. .ISteady.
Total!
The
--CI
Export.
717
437
1,300
ll's
1218
1178
12^8
12%
12%
127e
1278
13%
13%
14
14
Con-
Spec-
sump, ul'fn
IV-aiisit.
^otai.
CO
OiCi
-1-4
CO
oto
tC-'-'M
OOo
SP
OOo
'"''"'CO
to^
-i-'io
Otcs
it-
OOo
660
ODCn
I
s<to
I
It*
toco
®.-
——
CCo
obtio
5
—O
66
.
ei>
I
bb
00
O'-'
CO
O
©
1
t'-
a;
(-•I-'O
I
I
IS
I
I
ll
-4
00
CO
00
CO
C-TOI
CO!
®a>
CSC
'-0
ei»
It"
CO
6cjt
-100
MWtO
Mh-lO
— — !S
lOtC-^
tcio;^
'?'f-l
loror,
-•.-o
- .uo
MIOC
ifT*.
1
*
00
66
CO
1
I
®-4
I
®co
-4-1
coo,_,
I
000
C-iCO
®to
This total also iuclude» sales in—
Bales.
Sept.-March, for March.. 3,730,200
Sept.-Aprll, for April .... 2,875,400
8ept.-May, for May
3,473,700
759,600
1,489,100
Sept.-Nov., for Nov......
Sept.-Dec., for Dec
Sept.-Jan,, for Jau
Sept.-Feb., for Feb
Deliv-
^?§
cco
owo
1-0
9I4
1078
C)
S)
cc60
OOo
— Co
813
9 14
10
®w
1
8
Bales.
1078
!j3
COC
ii'
I
-1-1
tc-»
I-'O
® ?o
obobo
ti6
oob
i
COo
00
00
s
Is
to
I
-jobo
CCO
§
•»i
-4-4
h-CO
^.05
COc
CCo
-4-40
Sept., 1879, for Sept
Sept.-Oct., for Oct
10
6-40
CO
©.<-
——
-4-40
-l-lO
I
COS
660
cioo
OCo
a
i-'O
Sta
I
Frl.
Sales.
00
CO
-4-i
I
ai
OOo
-jo
OOo
660
otto
Tb.
BALKS.
1,002,600
3,350,300
1,688,100 Sept. June, for June
2,289,000
3,686,400 Sept. -July, for July
2,437,000
Transferable Orders Saturday, 1205; Monday, 11-95; Tuesday,.
12-05; Wednesday, 12-05; Thursday, 12- 15 ; Friday, 12-10 for August
and 11-30 for September.
Short Notices for August—Saturday, 11-98 ; Thurstlay, 1215.
—
The following exchanges have been made during the week
100 Aug. s. n. tor regular even.
300 Nov. for Dec. even.
500 Aug. s. n. for regular even.
I
|
136
276
309
40
3,484
853 129,100
753 113,700
1,609
2,151
800 1,351
150
552
300
8 GO
3,764
occ
878
9I2
IOI2
1078
SALES OP SPOT AND TRANSIT.
SPOT MARKET
Tues
S)8
coo
OOo
CO
obcD
CO'
®*-
I
®to
00
Frl.
llS'ie
00
<100
toco
I
11%
6tt®
CO
66
00
CO
obfiD
oo§
-jobo
-46
I
Sto
I
COo
00
66
9?So
nc
00
obcbo
COo
ccobc
MMo
OOo
66*
CO 03
CO to
OCo
®co
I
OOo
too
00^
—a
non. Taen
Frl. W^ed Tb.
— :^
8ii>'
c^6*
CO to to
®."
I
*-*
I
121l6 121,8 121,6 121,6
12«i6 129,6 129,6 120,6
12iii, 1213,, 1213,8 1213,6 1213,6 12131135,6 135,6 13=16 133,, 136,6 13i 18
1316,, 1315,8 13181 1315,6 1315,6 1315
813,8 8^8
912
97,6
107,6 10 >9
1078
1013,8
lb.
Si»
I
»-*
00
CCo
^50
COOSm
toco
121,6
129,6
Wed Xh.
l-'l--I
00
cJici,
OOo
I113i, 1113,, 1113,8 1113,6 1113,8 1113,8
87«
938
1038
'-CS<I
00
00
I
,
Th. Frl.
SO
I
00
—o
66
Owl
Wed
to to
WOlco
or
IC-CI
Ordln'y.^B) 813,6 8^8
938
Strict Ord.
95,8
Good Ord.. 105,8 1038
con
low©
ODO
CO
66
I2I16
ccoo
CO
660
tccn
eoikO
ooo
ccobo
00
00
®o
I
G'd Ord lOUio 101 li6 IOII16 10i3ie 1013,8 1013,, 1013,8 1013,6 1013,8
III3
1138
III2
III3
III3
Iiow Mldd's 11% 11%
U13 III2
lllllB lU'-ie IIIII6
lllSjo lliSie lllBlo
Good Mid -. 127
127i6 127i8
121118 I2II16
Btr. G'd Mid 121
Xidd'g Fair 133
133i6 133;,
1313,'„
Fair
I 313,„ 1313,,
660
0'a»
e-too
h-'-'O
10C0<^
Btr.
w Mid
S)p
'-''-'
-'»-'
Ordln'y-^Ib 813l6 8l3i„ 813i6 B13l6 813i6 813,, 813,6 813,6 813,6
Strict Ord.. 9»16
97,,
97,6
97,6
97,8
!»'ie
Gkjod Ord.. 105i6 10=18 10° 16 107i, 107i8 107,6 107,6 107,8 107,6
HiddliiiK
660
to Of
I
-101
Mon
tC(Oo
^COco
6>w
tOfi'-
Bat.
ICIOq
—
to
tuco
'-'00
I-*
TEXAS.
Sat.
,00
I
the past week:
Strict
lOM
cob
I
tOtSQ
The total sales for forward delivery for the week are 543,800
free on board.
For immediate delivery the
bales, including
total sales foot up this week 7,288 bales, including 3,764 for
export, 3,484 for consumption, 40 for speculation, and
in
bales were to arrive.
The foltransit.
Of the above,
quotations
and
sales
for
are
the
official
each
lowing
day of
Btr. L'
66
tObO
I
''-'CO
speculation in cotton for future delivery has continued
quite brisk, but at variable and somewhat irregular pricesThe opening on Saturday last was quite buoyant, in sympathy
The
Aug. 21 to
Aug. 27.
xxxu
SO'r
ROrlns 1486,481 1173,957 904,807 274,912 255,989 1435,708 30.507
354,312
483,918
730,135
473,581
216,340
20,156
103.602
738.190
306,236
O
C
Total.
:
Mobile.
Char'n*
o2.S.=-
O)
ffS.
Stock.
BrUain. France. Foreign
[VoT-
702
1,220
40
82,700
72.400
62,100
83,800
200
100
700
400
400
600
7.288 543.800
daily doliveries given above are actually delivered
TioUB to that ou whicU tuey are reported.
tlie
2.400
day pre
The Sales and Prices of Fotcres are shown by the following comprehensive table. In this statement will be found the
daily market, the prices of sales for each month each day, and
the closing bids, in addition to the daily and total sales
as made up by cable and
The Continental stocks are the figure*
telegraph, is as follows.
of last Saturday, but the totals for Great Britain ar.d the afloat
for the Continent are this week's returns, and consequently
The Visible Supply of Cotton,
brought down to Thursday evening; hence, to make the totals
the complete figures for to-night (Aug. 27), we add the item of
exports from the United States, including in it the exports of
Friday only.
Stockat Liverpool
Stock at London
bales
Total Great Britain stack
.
1880.
621.000
46,800
1879.
1878.
1877.
417.000
58,340
538,000
14.500
800,000
32,750
670,800
475,340
552.500
838,75»
AraosT
!;8,
THE CHRONICLE,
1980.J
other oontl'ntal ports.
1880.
66,300
8,130
88,000
4.800
29.700
16,100
2,730
981
20,300
Total continental ports....
Havre
'fltock at
bales.
Btock at Marseilles
Stock at Barcelona../.
Stock at Haiiiijuru
Btock at Bremen
Btock at Amsterdam
Btock at Rotterdam
Btock at Antwerp
1879.
1878.
1877.
166.750
7,000
21.000
209,000
12.000
62.C00
13.500
04,750
40.000
10.750
100,740
2,100
22,000
3.000
20,1/2
41,322
1,596
7,2.50
37.7.'50
4,854
43.500
9,000
6,500
14,250
207,241
195,984
303,000
878,041
174,000
74,000
21,000
EKypt,Brazil,&o..aflt for E'r'pe
Btock in United States ports .. 131,320
671,324
13,»4(i
3,581
855,500 1.273,2,50
195.000
252.000
23,000
44.000
12.000
16,000
113.272
40,022
4,030
9,145
1,000
4,000
.-Slook at
»....
200
Total European stocks.. ..
India cotton afloat for Europe.
Amer'n cotton afloat for Eur'pe
'Stock in U. 8. Interior ports..
United Strtes exports to-day..
24;!.754
32.000
3,724
66,398
14,730
434,300
American afloat
for Europe. . .
United States stock
Unlt«d States interior stocks..
United States exports to-day
421,000
108,000
74,000
131.320
13,946
1 ,000
749,266
504,979
.
Total American
266,000
133,000
32,000
66.398
3,581
4,000
203.000
40,800
99,241
415,000
248,000
23,000
46,622
4,030
500
513,000
342,500
44,000
115,272
9,145
Total American
151,000
58.340
62,984
123,000
14,500
55,C00
195,000
12,000
21,000
3,724
544,011
749,266
519.802
501,979
293,000
32,750
92,0(90
252.000
16,000
399.500 683,730
737,152 1,023,917
1,293,307 1,021.781 1,136,652 1,709,667
Tot,al visible supply
Oi^ied.
e'lisd.
6:i.
Price Mid. Upl., Liverpool
V^iod.
indicate
an increase in tlie cotton in siglit toThe above figjures
night of 208,536 bales as compared with the same date of 1879,
«n increase of l.iG.GSo bales as compared with the corresponding
date of 1878, and a decrease of 416,360 bales as compared with 1877.
In the preceding visible supply table we have heretofore only
Included the interior stocks at the 7 original interior towns.
As we did not have the record of the new interior towns for the
four years, we could not malte a comparison in any other way.
difficulty no longer exists, and we therefore make the following comparison, which includes the stocks at the 19 towns
given weekly in our table of interior stocks instead of only the
old 7 towns. We shall continue this double statement for a
*ime but finally shall simply substitute the 19 towns for the 7
That
in the preceding table.
1830.
American—
Liverpool stock
bales 421.000
Continental stocks
American
Egypt, Brazil, &c.,
.
—
afloat
<fee
Total visible supply
108.000
74,000
131,320
27,762
1,000
Seeeipts.
Macon, Ga
Montgomery, Ala
500
151,000
58,310
62,984
243,754
3,721
1
514,011
763.082
519.802
508,699
399.300
683,750
739,713 1,031,030
23,000
14.500
55,000
195,000
12,000
—is set out in detail
152
338
533
Kashville.Tenn..
410
367
217
336
140
Total, old ports.
2,938
Dallas, Texas ...
Jeftcrson, Tex...
32
133
145
25
5
121
20
425
50
583
318
Selma, Ala
I
Memphis, Tenn..
Shreveport. La .
VIcksburK, Mis-i.t
Columbus, Miss..
Eufaula, Ala.
Griffin,
...
Ga
Atlanta, Ga
Ga.t
Charlotte, N. C. .
et. I.<)uls, Mo....
Cincinnati, O....
Total, new p'rta
'80.
Stock.
1,933
1,989
722
1,004
1,145
465
144
293,000
32,750
92,000
252,000
16,000
^Veek
in the following
ending Aug. 29,
Receipts. Shipm'ts
78
35
51
219
173
111
43
23
184
92
-79.
Stock.
421
513
319
313
239
386
6,960
867
238
"25
1,273
5,780
13,946
794
1,091
3,581
9
38
153
509
23
96
903
199
243
45
5
12
10
12
226
150
320
1,231
373
"75
9
2
251
84
265
126
295
1
'
191
31
5
25
3
'"i
20
106
97
146
33
22
137
7
404
1,223
745
482
2,994
•1,311
10
10
80
109
41
451
756
3,083
2,313
13,816
753
900
3,720
Total, all
6.021
8.123
Actual.
t Thi.s year's flpturcs estimated.
27.762
1.547
1,991
7,301
Kome,
1.471
29.306
25.223
96,190
4,693
81.172
75,103
4,832
4,066
2,210
4,881
802
71,960
86,188
8,846
:,836
"
18
10.721
" as
July 2
6,879
7,188
8,29S
9
S,94»
B.387
8,837
8,032
17,057
14,070
18
8,782
2.800
23
80
4.088
3,272
8,671
8,066
••
"
"
13
80
27
21 .240
1
I87S.
1879.
lam.
2,aes
i,a2s
8.4ae
10,««
19,876
22,388
18,033
20,691
1P,691
13,148
15,494
16,628
12,637
14,410
56.602
1,119
2,503
3.04B
10.359
11,005
13,968
49,831
2,149
2,059
8,032
8.348
3.028
858
8.462
8.691
6,238
41,507
86,473
410
4,657
18.049
11,477
1,800
6,609
4.843
29.804
4,875
5,999
6.593
7,183
15.784
8.390
21.123
2,519
5,460
7.301
27,762
18,378
4.718
2,057
2,78T
1U.02I
1,243^
2,154
820
10.917
4,«sa
8,8ia
S,S2S
The above statement shows
1. That the total receipts from the plantations since Sept. 1 in
1879-80 were 4,958,.5.'55 bales; in 1878-79 were 4,457,284 bales; in
1877-78 were 4,2;9,410 bales.
2. That, although the receipts at the out ports the past week
were 21,133 bales, the actual movement from plantations waa
only 19,021 bales, the balance being drawn from stocks at the
Last year the receipts from the plantations for the
interior ports.
same week were 4,713 bales and for 1878 they were 16,378 bales.
Weather Reports by Telegraph. — The
weather during the
week has been fairly favorable. Caterpillars have done somo
harm within limited sections, but the injury, is as yet quite
past
local,
and we should judge not very material in its effect on the
Rust and shedding are complained of in some sec-
total crop.
tions.
—
thermometer 83, highest 92 and lowest 75. There is much
caterpillar talk, but nevertheless the crop is apt to be good.
7,301
4,000
203,000
46,800
99.24
174,000
21,000
2,013
6,802
18.580
10,870
23,61
1877.
739,715 1,031,050
ShipmUs
82,429 115,038
8,612
513.000
342,500
44,000
115,272
16,278
508,699
1,316
20,815
23,287
n.iJSl
1880.
'1878.
763,032
Week ending Au(/ 27,
1879.
11
"
PorU RM'pUfrmn PlanffiA
1878.
June
"
"
Stock at interior
1880.
415,000
248,000
23,000
40,622
6,593
1,307,123 1,028,501 1,139,215 1,716,800
corresponding week of 1879
statement:
1879.
1879.
—
Ga
Columbus, Ga
1878.
206.000
133,000
32.000
66,393
These figures indicate an increase in the cotton in sight to-night
•f 278,633 bales as compared with the same date of 1879, an
increase of 167,938 bales as compared with the corresponding date
of 1878. and a decrease of 409,677 bales as compared with 1877.
At the Interior Ports the movement that is the receipts
«nd shipments for the week, and stocks to-night, and for the
Augusta,
Reeeifti at the Parts.
The receipts of new cotton during the past
Galveston, Texas.
4,336 bales, making a total thus far of 6,125
have had showers on two days, the rainfall reaching
bales.
The thermometer has ranged
seven hundredths of an inch.
from 79 to 90, averaging 84. Crop position unchanged. Both
caterpillars and boll worms are doing harm in spots, but still the
prospect is that the State will make as much cotton as can be
picked.
Indianola, Texas. Rain (showers) has fallen on two days the
past week, to a depth of twelve hundredths of an inch. Average
towns
Total East India,
Total American
market through the out-ports.
RECEIPTS FROM PIANTATIOKS.
finally reaches the
ending—
"
737,152 1,023,917
174,000,243,754
Total East India, &0
Total American
East Indian, Brazil, t£c.
Liverpool stock
London stock
Continental stocks
India afloat for Europe
which
Aug. 6
East Indian, Brazil, <ec.—
Liverpool stock
I^ondou stock
Continental stocks
India afloat for Europe
Egypt, Brazil, &c., afloat
afloat to Europe
United States stock
United States interior stocks.
United States exports to-day.
In reply to frequent inquiries we will add
like the following.
that these figures, of course, do not include overland receipts or
Southern consumption; they are simply a statement of the
weekly movement from the plantations, of that part of the crop
Wuk
American—
'Liverpool stock
Continental stocks
more than At the game period last year. The receipts ftt the sama
towns have beon 3,144 bales more than the same week last rear.
Receipts fbom the Plantationb.— The following table Is
prepared for the purpose of indicating the actual movement each
week from the plantations. Ueceipts at the outports are sometimes misleading, as they are made up more largely one year
Chan another, at the expense of the interior stocks.
We reach,
therefore, a safer conclusion through' a comparative statement
500
1,293,307 1,024,781 1,136,652 1.709,667
Total visible supply
Of tlie aoove, the totals of American and other descrlpttons are as follows:
233
6,367
700
483
4
275
1,386
'
The above totals show that the old interior stocks have de<9rea«ed during the week 3,842 bales, and are to-night 10,365 bales
week have been
We
—
—We
have had warm, dry weather throughCorsieana, Texas.
out the week, and picking is progressing finely; will make as
much as can be picked. The thermometer has averaged 84, with
an extreme range^of from 71 to 98.
Dallas, Texas.— There has been no rainfall during the week.
The thermometer has averaged 84, the highest point touched
having been 98 and the lowest 71. Picking is making fine progress.
In some sections boll worms have unquestipnably done
This section generally will
harm, but it is confined to spots.
make just as much as can be saved.
The
Bre'nham, Texas.— It has not rained here the past week.
thermometer has averaged 85, the highest being 98 and the
lowest 71. Picking is making excellent progress. There has
been some damage done by caterpillars, but nevertheless crops
are quite promising, and elaborate preparations are being made
for picking.
JVew Orleans, Louisiana.— The weather has been warm and
The thermometer
dry all the past week, no rain having fallen.
has averaged 83.
Shreveport, Louisiana.— The weather during the week has
been dr^ and favorable, and roads are in excellent condition.
Considerable damage has been done by the boll worm and c**^
pillars.
Average thermometer during the week 81, highest 98
and lowest 70, and rainfall one hundredth of an inch.
Vickstnirg, Missiisippi.—TelegTam not received.
Columbus, Mississippi.— We have had rain during the past
week on two days, the rainfall reaching one inch and twentyeight hundredths.
The thermometer has ranged from Sd to a*5.
averaging
Cotton has shed considerably, in consequence oI
88.
new
the hot weather following so much rain. The first bale of
cotton was received here on the 21st inst.
,
...r j
j
WednesdayLittle Mock, Arkansas— S&tuTduy, Sunday and
but the
last were cloudy, with rain on Sunday and Wednesday,
balance of the week has been clear and warm. The thermometer
Ihe
has averaged 79, the highest being 90' and the lowest 03.
rainfall is forty-two hundredths of an inch.
point
NashviUe, Tennessee.— There have been showers at this
during the week on two days, the rainfall reaching lorty-s^J^'*
8d, tto
hundredths of an inch. The thermometer has averaged
'
.
highest being 95 and the lowest 69.
dunnjr
Memphis, Ten7iessee.—We have had rain on three days
of »" '?"'hundredths
six
reaching
rainfall
the week, the
Average thermometer 81, highest 93 and lowest 71. i° J*^^"
uplands ana
ern Tennessee crop accounts are less favorable on
^
much damage has been done by excessive drought. Compiam
THE (^HaONK^LE.
234
still conof 3tli inst. shedding of forms and luxuriant growth
tinue on bottom lands. Picking general. Twenty-two new bales
,
has
Mobile, Alabama.— It has rained severely one day and
heen showery one day, the rainfall reaching one inch and
nineteen hundredths; but the balance of the week has been
Average thermometer 80, highest 95 and lowest 71.
pleasant.
The crop is developing promisingly, no serious damage having
been done in this section by worms or rust. Caterpillars have
done good by stripping off the leaves and letting in sun to ripen
the bolls. Picking is progressing finely in many sections and
will become general next week.
Montgomery, Alabama. We have had rain during the past
•week on three days, the rainfall reaching thirty-four hundredths
of an inch. Average thermometer 82, highest 97 and lowest 70.
Much damage has been done by worms' and rust. Picking is
—
progressing.
iklma, Alabama.— TiAia has fallen on two days the past week,
tut has done no serious damage. Caterpillars «re reported
everywhere, and great Injury is undoubtedly being done, and
rust is developing badly. Crop accounts are less favorable.
Picking is making good progress.
Madison, Morida.—Biiin has falleh on four days the past
-week. The thermometer has ranged from 75 to 94, averaging
Bolls are dropping and rust is developing badly, and crop
84.
accounts are less favorable. The middle crop will be poor. Cotton crop in this section not near as good as was thought several
-weeks ago.
Macon, Georgia. There have been showers on two days during the week, the rainfall reaching eighty hundredths of an
The thermometer has averaged b\.
inch.
Columbus, Georgia. It has rained during the past week on
one day, with a rainfall of fifteen hundredths of an inch. The
thermometer has averaged 83, the highest being 93 and the low-
—
—
LVoi.
XXXi
rather more favor than they were a month or two
better grades are therefore eomcaratively scarce
and relatively dear. There can be no doubt that the stock of
middling and upwards is considerably smaller than it was at
this time last year, although the total stock of American is
larger. The quotations for the principal grades of uplands
compare as follows with those of twelve months ago
they are
.
in
The
back.
Good
Low
Good
iliddliug
Ordinary Ordinary. Middling. 3Iiddling. Middling.
Fair,
Tears.
d.
(1.
1880....
1879....
6
558
61a
d.
d.
6l3,e
7li«
69,„
66, „
515,fl
d.
738
6^8
Ordinary and good ordinary are only l-16d. higher than at this
tim« last year, but low middling is '5-16d. and middling to middling fair 3^d. higher. Stained cotton is also relatively as
cheap as ordinary and good ordinary.
During the past month Brazils, after a slight advance, reacted,
and are now about l-16d. lower than at the date of my last
report. In Egyptians, fair and middling fair brown and fair
white have given way }id., but middling fair white has gained
^d. In Surats, Broach and Corapta are l-16d. higher, but
other descriptions are mostly l-16d. lower.
COURSE OF THE MAINCHESTER MARKET, JULY 8 TO AUGUST 9.
An e.Ktensive business has been done during the past
month in piece goods suitable for the East, and for these prodFor other
ucts manufacturers are heavily under contract.
markets the transaction* have been only on a moderate scale,
and home-trade fabrics continue to move slowly into consumpOn the whole, however, the mills have been fully emtion.
ployed, and stocks are in a small compass very much
smaller than at this period for several years past. Yarns have
been less favorably situated than cloth, owing to the continued
limited demand for export the result is a slight decline in
prices whereas for cloth, values have been well maintained
throughout the month. The disaster at Candahar had a temporarily adverse influence on the market, but confidence is now
restored and in the expectation of a continued fiir demand for
India and China, some improvement in the inquiry for other
foreign outlets, and more activity in the home departments,
the outlook for the autumn and winter months is regarded with
satisfaction, provided our home food crops are gathered in fair
condition. Compared with the rates current a month since,
yarns are generally %d. lower. In some instances there is a
Meanwhile shirtfall of M<f > bat in others there is no change.
ings vary from no change to an advance of 3d. per piece.
MOVEMENT DURING THE SEASON, OCTOBER 1 TO JULY 31.
The deliveries to English and Continental spinners during
the first ten months of the season compare as follows with the
figures for the corresponding months of last season:
—
;
est 71.
—It
has rained during the week on one
day, the rainfall reacUing fifty-five hundredths of an inch; but
the rest of the week has been pleasant. The thermometer has
ranged from 73 to 93, averaging 83.. New cotton coming in
Satannah, Georgia.
freely.
—
Augusta, Ge'orgia. We have had warm, dry weather during
the past week, there having been a rainfall of only seventeen
hundredths of an inch on three days. Average thermometer 83,
The crop is developing promisingly,
highest 96 and lowest 70.
and picking is making fine progress. New cotton is coming in
freely, and accounts are very flattering.
There has been no rainfall at this
Charleston, South Carolina.
The thermometer has averaged 82, the
point during the week.
higliest being 93 and the lowest 70.
The following statement we have also received by telegraph,
showing the height of the rivers at the points nanied at 3 o'clock
—
August
26, 1880;
and August
;
28, 1879.
Aug. 26,
•»
Feet.
Kew
;
'80.
Inch.
' -* Inch.
'•
leet.
S
11
Below high-water mar* . 12
6
5
11
Above low-water mark...
8
5
2
2
Above low-water mark...
11
Sasbvllle
3
4
Above low-water mark... 14
Bhreveport
12
1
Above low-water mark... MisMng.
Vlckebuwc
New Orleans reported below high-water mark of 1871 until
Sept. 9, 1874, when the zero of gauge was changed to high-water
mark of April 15 and 16, 1874, which is 6-lOths of a foot above
1871, or 16 feet above low-water mark at that point.
Ellison & Co.'s Circclar for August. We have this week
eceived Mr. Ellison's August circular, and give it in full below:
COURSE OP THE LIVERPOOL MARKET, JULY 8 TO AUGUST 9.
Our last report was issued on the 8th ult. The market was
firm, under the influence of encouraging accounts from Manchester, and thence to the 12th ult. prices advanced l-16d. on
the spot and l-16d. for near futures, with an exceptional rise of
%d. for "July," which, after being at a discount, was now selling
at the spot quotation. Operators displayed considerable confidence, and there was much talk of 7d. being seen immediately.
But the demand slackened, and Manchester showed no disposition to follow the rise, especially as the American crop
accounts continued favorable and distant futures were selling
at %d. per lb. below the spot quotation. Between th<e 12th and
32(1 ult., therefore, there was a decline of l-16d. to %d. on the
spot, and 3-16d. for near and 3-32d. for distant futures. Thence
to the close of July there was verj^ little change on the spot,
view of the less favorable
but futures gained about l-16d.,
crop accounts, and of the continued fair spot and large " forward" business doing in Manchester. Saturday, July 31, and
Monday, August 2, were holidays. During the past week there
has been no alteration of any moment. Spot quotations have
remained without change futures have fluctuated l-64d. to
l-32d., and are to-day partially l-32d. higher than on the 30th
Orleans
—
Number of
balee.
Av'ge weight
.
;
nit.
The principal fluctuations
on the spot and for forward
middling uplands
delivery are shown in the following
in the prices of
table
8
12
22
30
Aug. 9
1879-80.
1878-79.
Spot.
July.
6i3i6
6^8
613,8
eiSie
613l6
6-1»
6-8
6-lis
6%
July- Aug.- Sept.-
Oct.-
.Vor.-
Dec-
Aug.
Hept.
Oct.
Nov.
Oee.
Jan.
62332
6>3,6
62132
62332
611 16
62332
6"32
6II32
61932
638
67
6 "30
6733
67,2
6832
6°32
6^32
6732
6732
6332
6»32
6°32
6)932
62I32
6II16
01-'32
C3is
614
614
2,331,820
2,180,970
2,036,530
2,207,230
447
438
423
422
(lbs.)
Total weight (lbs.). 1,131,723,540 955,256,000 975,662.190 929,252,000
2.;S23.000
2.S29.0flOi
2.4:19.000
2.388.0001
Brtlesof 400ln«
.
.
rate of consumption in Great Britain during
the past five weeks was about 65,000 bales of 400 lbs. per
week ; but the strike at Mossley in the first week, and the holidays in connection with the wakes in the last week, saved about
5,000 bales, thereby reducing the rate to 64,000 bales per week,
or a total of 320,000 bales, which, added to the 2,455,000 bales
consumed to the end of June, gives a total of 2,775,000 bales
as the consumption for ten months. Last year the average
rate of consumption in July was only 49,000 bales of 400 lbs.
per week, owing to short time.
The rate of consumption on the Continent probably remains
at about 52,000 bales per week, or about the same as in July
Many of the mills in France are working short time,
last year.
but the same was the case last year. For the ten months the
total consumption has reached about 2,276,000 bales, against
2,184,000 bales last season.
On the basis of the foregoing estimates, the movements for
the forty-four weeks were as follows in buUs of the uniftrm
weight of 400 lbs.:
The average
1879-80.
Lbs.
of American are
still
neglected,
1878-79.
Lbs.
1879-80.
Lbs.
1878-79.
Lbs.
Surplus stock Oct. 1
Deliveries to July 31
27,000
2,829,000
2,38?,')00
94.000
2,439,000
117,000
2,323,000
Supply
Consumption
weeks
2,856,000
2,423,000
2,533,000
2,440,000
2,775,000
2,316,000
2,276,000
2,184,000
81.000
77.000
257.000
in
33,000
44
Surplus Bt'k.TulySl.
256
0f!0
As previously explained, the surplus stocks on the Continent
include cotton in the Swedish and Russian ports on the Baltic,
in the hands of merchants at Moscow, &c., and in some of the
minor ports of Southern Europe. Practically, the stocks at the
mills of Great Britain and the Continent are about tlie same as
at the end of July last year. The visible supply shows an
excess of 318,000 bales, against 525,000 bales at the end of June
and 582,000 at the end of May. There will be a further reduction in August.
PROSPECTS.
The present somewhat
The lower grades
Continent.
Great Britain.
m
"
'
"
1878-79.
1879-80.
.
Memphis
July
Continent.
Great Britain.
Avg. 28. '79
though ders
it
very
the market renthe probable future course of
artificial situation of
difficult to forecast
August
THE
28, 1880.}
(JHllONICLE.
235
Middling American i.s not onl;r %d. higher than new
crop deliverie.'i, but it is also 7-16d. higher thaa the parity of
the lower grades—that is to say. although measured by the
value of middling we are at 6 13-16d., measured by the value of
good ordinary we are at 6%d.; the margin between the present
prices of middling and good ordinary being 13-16d., whereas
Somehow or other this disparity
fast year it was only %d.
fall in
will be removed before the close of the j'ear, either by a
the present spot price or a rise in the price of futures, or a combination of both movements. The natural effect of this anomalous condition of things is the adoption of a strictly conservative style of business on the part of all classes of operators.
•"
Bear " speculatow are charf about selling near deliveries,
because they are afraid of being " cornered," owing to the
Tbii Btatemeot shoirR that up to July 31 the recein's at the
thifl year were 455,819 bales more than in 1878-79 and
(S:j3,100 b»lea more thaa at the same time in 1877-78.
scarcity of tenderable grades; and "bull" speculators don't
care about buying near cotton, because of the low prices
accepted for October to January deliveries. In the same way,
merchants in Manchester are doing as little as possible for near
delivery and as much as possible for distant delivery. This
ntyle of business, while obviously weakening the market for the
present, is just as obviously laying up strength for the future;
and if those who are looking for very high prices before the
close of the present season are disappointed in their anticipations, so will be those who are looking for very low prices
before the end of the year. Many people seem to think that
everything will depend upoa the size of the American crop,
and "from their standpoint the mere statement that the yield is
likely to reach 6,000,000 bales, or more, is assumed to settle
the question ; but those who think so altogether ignore
the experience of the past, and especially the experience of the
season just ended. They forget that demand has quite as
much to do as supply with the regulation of price; and that
price is frequently a mere idea dependent upon the humor of
An American crop of
puplic opinion for the time being.
6,000,000 bales looks formidable, but it is only 300,000 to 350,000
bales more than that just mirketed, and with an improved
home trade, and a continued fair demand for fabrics for export,
year Great ContiBrit'n. nent
prices.
the home
trade does
every bale will be wanted. Of course if
not improve and the export demand falls off, 6,000,00J bales
would be too much, and we should see first a congestion of
stocks and then a run down in prices; but, with good trade and
pacific politics, 6,000,000 bales would find their way into consumption, though probably at a lower average price than that
given lor the 5^650,000 to 5,700,000 bales just marketed. In
short, the future course of prices will be ruled more by "the
state of trade " than by the size of the American crop.
Correction.
In our last report, under the head of " The Cotton Trade of India," the imports of dutiable grey goods were
given as 292,005,002 yards and the total as 292,537,579 yards,
instead of 992,005,002 yards and 992,537,579 yards respectively.
—
—
Cotton at Norfolk. We learn from Mr. Norman Bell,
Superintendent of the Norfolk Cotton Exchange, that the first
bale of new cotton received at Norfolk, Aug. 19, as stated by us
last week, was raised by Mr. J. T. Daley of Lenoir County, North
Carolina, and was shipped by Messrs. Murchison & Williams, of
Goldsboro, to Messrs. Vaughan, Barnes & Co., of Norfolk. Mr.
Bell further states that this is exactly ten days earlier than last
year, and agrees with the tenor of the June report made by
" Committee on Information and Statistics," of which Mr,
Vaughan is a member. The bale was classed as low middling
and weighed 450 lbs.
New Cotton at Louisville. The first bale of new cotton
from Tennessee was received at Louisville, Saturday, Aug. 2l3t.
It was consigned to Payne, Viley & Co., of Louisville, by
Galloway & Burns of Trezevant, Tenn.. and sold on 'Change to
George F. Gunther for 2o%e. per pound. It weighed 450
pounds, and was classed good middling. The same firm also
received, August 24, the first bale from Alabama shipped to
Louisville. It was shipped from Courtland.
Gunny Bags, Bagoino, &c Bagging has not been taken in
a large way, but the inquiry is good for jobbing parcels, and
the ti-ansactions are about 1,000 rolls. There is a stronger
market, and though quotations have not changed as yet
holders are looking for an advance in the near future. There
is a moderate inquiry at the close, which is being supplied at
13c. for 1% lbs., lie. for 2 lbs. and ll>^c. for standard grades.
Butts have not moved, and the market is rather dull. There
has been no change in price, and holders are quoting 3@3;4c.,
the latter for prime grades.
COMPARATIVB Port Keckipts. The movement each month
New
pirti
India Cotton Movement ?R0^f all Ports.—The fl^urei
which are now collected for us, and forwards 1 by cable each
Friday, of the shipments from Calcutta, Madras. Tuticorin. Carwar, &c. enable us, in connection with our pruvlously-receired
leport from Bombay, to furnish our readers with a full and
complete India movement for each week. We first give the
Bombay statement for the we<>e and year, brining the figures
down to August 26.
BOMBAT RECEIPTS AND SHrPMENTS FOB POUR TEAM.
,
Shipments
1880
1879
1878
1877
—
eincu Sept.
1
Shipments
Year,
Great
Britain.
1880
1879
1878
1377
1,000
1,000
5,000
The above
1878.
1877.
1876.
Novemb'r
Decemb'r
January
.
February.
March
April
.
.
.. ..
May
June
July
,
333,643
888,492
942,272
950,464
647,140
447,918
264,913
153,025
110,006
88,455
54,258
288,848
689,264
779,237
893,664
618,727
566,824
303,955
167,4,58
84,299
29,472
13,988
98,401
578,533
822,493
900,119
689,610
472,054
340,525
197,965
96,314
42,142
20,240
236,868
675,260
901,392
787.769
500,680
449,686
182,937
100,191
68,939
36,030
17,631
169,077
610,31C
740,116
821,177
637,067
479,801
300,128
163,593
92,600
42,334
29,422
97 99
Great
Britain.
Conlinent.
199.000
80,000
101,000
54,000
47,000
2.000
1,000
8,000
1.89,000
103.000
79.000
9800
97-43
90 34
1.
Total.
279,000
290,000
157.000
126.000
week show that the movement from
Bombay is 1,000 bales 7aore than same week
corresponding weeks and periods of the two previous years, are
as follows.
EXPORTS TO EUROPE FROM ALL INDIA.
1879.
1880,
lr>
all
Europe
Since
Iliis
from—
Jan.
week.
Bombay
A.U other p'rts
Total
1,
1878.
Since
Jan. 1.
This
week.
This
week.
Since
Jan.
1.
831.000
279,000
2,000
1.000
575.000
290,000
4.000
8,000
633.000
157,00»
4.000 1,110.000
3.000
865.000
12.000
810.000
2.000;
2.OO0I
This last statement affords a very interesting comparison of the
total movement for the week ending Aug. 26, and for the three
years up to date, at all India ports.
Alexandria Receipts and Shipments.— Through arrangewe have made with Messrs. Davies, Benachi & Co.. of
Liverpool and Alexandria, we now receive a weekly cable of
the movements of cotton at Alexandria, Egypt. The following
are the receipts and shipments the past week and for the corre-
ments
sponding weeks of the previous two years.
Alexandria,
Egijjyt,
Raceipts (oantars*)
This week...
Since Sept.
1878.
1879.
1830.
Aug. 26
2,000
2.775,000
1.667.000
3.204,000
Si nee
This
week. Sept. 1
Since
This
week. Sept. 1,
Since
This
week. Sept. 1.
172.400
79,896
1.000240.000
Exports fbales)292.5301
To Liverpool..
To Coutiuent
316 177,954
120
I
120 252.296
316t470,484||
Total Europe
,168,00
I
Q
1,000.408.000
A
cautar is 98 lbs.
This statement shows that the receipts tor the week ending
cantars and the shipments to all Europe
August 26 were
were 316 bales.
"
—
Manchester Market. Our report received from Manchester
Aug. 27 states that prices are higher, but the market is quiet
and inactive. We give the prices of to-day below, and leave
previous weeks' prices for comparison,
Ticist.
134,376
536,968
676,295
759,036
444,052
383,324
251,433
133,598
81,780
56,010
17,064
1.
totals for this
1874.
Pero'tage
99-74
Total.
1,000
32» Cop.
TotJIyai 4,891,586 4,435,737 4,258,486 3,957,380 4,085,531 3,473,936
at tot. port
receipts July 31...
7.000 1,008,000
2.000 774.000
2.000 849.000
l.OOo 992,000
For the whole of India, therefore, the total
of last year.
shipments this week and since January 1, 1880, and for the
d.
Sipt'mb'r
October.
^31,000
575,000
683.000
779.000
Since
Jan.
Shipmen » since January
week.
3.000
the ports other than
1.
1875.
Receipt*.
This
Week.
1879.
1880,
Tear Beijinniny September
1879.
thin
Continent.
baa been as followB:
Monthly
Eeceipls.
2.0001353.000:478.000
2,IX)0i24(i.000 329.000
4.0001297.000 380.000
1,0001375.000 401.000
1.
Total.
According to the foregoing, Bombay appears to show an inereate
compared with last year in the week's receipts of 5,000 bales, and
the same amount of shipments as last year, and the shipments
The movesince January 1 show an increase of 3)6,000 bales.
ment at Calcutta, Madras, Tuticorin, Car war, Sic, for the same
week and years has been as follows.
CALOUrTA, MADRAS, TUTICORIS, CARWAR. RAXOOON AND KURSACBBB.
—
—
Continent.
Oreal
Britain
Total.
1,000
1,000
2,000
4,000
1,000
Shipments since Jan.
this week.
June 25
July
"
2
9
161
9
9
d
d.
8.
d.
® 9^
4'2®7 6
9?»
6
-a
9i4®10
9'4®10
" 23 93s®10i46
" 30! 93e310i4 6
AUR. 6, OH^lOisle
13,
20'
271
8J4 lbs.
Shirtinys.
9%®
9''8|6
4i-2®7
7^®7 7h
7^®7 7>i
7i<2®7
9
7»«®7 9
7'3®7 9
7'sa7 9
91s® 97J6 71s -37 9
9»4®10 '6 9 '»7 9
The Exports of Cotton
Coll'n
32«
Mill.
Uplds
d.
d.
6%
6%
Coi>.
Twist.
d.
8"8®9=8
8''e®9»8
613i8 8^»938
8»8»9l4
6-8
6:»i8 8is®9'e
613,8 8?4®9i4
Ui-^ie
61311,
Z',l»
from
8^»9>4
8^3914
8^3i93g
8>4 lbs.
Shirtings.
A.
New
d
d.
61618
4>«®7 *l« §?'«
1^-317 41« 6>a
li3®7 4VI
li3®7 4>3 6»8
lis®7 419
3
York
8.
7%® 7 6
7i3®7 6
6 ®7 6
6 a7 G
Cotfn
Mid.
Cplda
this
6li?8
®7 6
week snow a
6,4-31
decrease, as compared with last week, the total reaching
Below we give our usual
bales, against 8,308 bales last week.
and their
table showing the exports of cotton from New "iork,
total exports
direction, for each of the last four weeks; also the
and direction since Sept. 1, 1879, and In the lost columo the tot»l
for the same period of the previous year.
THE (CHRONICLE.
236
Exports of cottos
(bales)
from
New York
simce Sept.
1879.
1.
Same
Week endingSxportedlo—
Aug.
Aug.
Aug.
Aug.
4.
11.
18.
25.
Total to period
prevVuM
dale.
year.
[Vol.
Satcrdat.
Delivery,
Aug
Delivery.
d.
Oct.-Nov
3,432 472,588 272,833
8,800 17,116
Aug..Sept.7i3o®^®ii8
Nov.-Dec
Deo.-Jan
Total to Great Britain 10,412 8,625 7,241 3,432 501,338 289,949
®2532®23,2
10,112
8,325
7,241
300
Havre
862
2,107
3,421
621
100
FaEKCH
Bremen and Hanover
Hamburg
3,421
2,107
571
105
53
50
.
Total to North. Ecbofk
676
105
103
Bpaln, Op'rto, Gibralt'r.cfec
All other
Grand Total
Oct.-Nov
O'la
01132
638
1,309
39,704
19,210
25,503
16,325
2,202
2,835
Nov.-Dec
1,309
84,717
21,362
Aug
'"55
7,043
3,461
5,710
55
10,509
5,870
160
Feb.-Mai-
Delivery,
7I32
61132
Dec-Jan
Aug
7332
Aug.-Sept
Sept.-Oct
Oct.-Nov
Aug.-Sept
Sept.-Oct
Oct.-Nov
Dec-Jan
Aug.-Sept
Sept.-Oct
Nov.-Dec
Feb.-Mar
Delivery.
7532®l8
Sept.-Oct
Oct.-Nov
Nov.-Dec
Sept.-Oct
7332 (» 1 18
61I16
638
6»32
62I32
6S18
65i8
7ie®332^
62I38
6832
eiljg:
Delivery.
Sept.-Oct
6%
Nov.-Dec
6"4
night of this week.
Delivery.
Sept.-Oct
73,8®532
Aug.-Sept
7%®332 Oct.-Nov
Thcredat.
7532®% Nov.-Dec
Aug.-Sept.. ..7332®iie
Sept.-Oct
62;32®5g
Nov.-Dec
Mar.-Apr
6832®^i«
638
Delivery.
6832® I4
Dec. -Jan
Jan. -Feb
6%
Delivery.
611)8
638
Delivery.
Delivery.
Aug
6I4
7^8
7iie
eaisa
Aug
1
Wednesday.
Oct.-Nov
6832
6832
Mar.-Apr
Apr.-May
April-May
6113^^
638
eUaar
6li3j
Friday.
3*0(0; hales.
Wescr, 627
Mar.-Apr
Nov.-Dec
Aug.-Sept
Oct.-Nov
Aug
Delivery.
Aug.-Sept
Aug
Spain,
Liverpool, per steamers Sirhia, 893
1,025. ...Scythia, 314. ...City of Montreal, 508.... City of
Berlin, 303. . . .per bark Kilk-cua, 389
De Chatelier, 545 . .
To Havre, per steamers Amerlque, 80
Douau, 413
To Bremen, per steamers MoscI, 269
ORig
638
638
&>\t
Tdesdat.
exports of cotton from the United
States the past week, as per latest mail returnp, have reached
So far as the Southern ports are concerned, these
8,841 bales.
are the same exports repoirted by telegraph, and published in
With regard to New York, we
the Chronicle last Friday.
include the manifests of all vessels cleared up to Wednesday
Hew York—To
I
Nov.-Dec
Delivery.
—The
.
d.
Jan.-Fob
Feb.-Mar
73i8
62332
718
7'
611 18
638
Sept.-Oct
8.208' 5,421 641,679 331,380
14.509 10,835
Shipping News.
Delivery.
.
Delixery.
7%® »32® "8
62532®%
14,099
Total Spain, &o
. .
Sept.-Oct
45,065
105
Other ports
638
6ii32®"i8
7H®3jga732 Aug
625
862
d.
616;,.,
®''i6®'%2
Monday.
Delivery.
Aug
Aug.-Sept
Totai.
6%
Sept.-Oct
14,599
45,065
Other French ports.
I.
The actual sales of futures at Liverpool for the same week are giveib
below. These sales are on the basis of Uplands, Low Middling clause^
unless otherwise stated.
73l«®732
a>3,ga^i2®>s
Uverpool
Other British ports.
X
3,432
Delivery.
.7»fi®332
Aag..Sept...7332-2ii6
Delivery.
Sept.-Oct
625
®'32
Aug
I
Oct.-Nov
Dec. -Jan
I
Delivei'v.
"....658
62I32
638
6832
Sept.-Oct
6ii3»
Oct.-Nov
1,309
To Mediterranean Ports, per steamer Egadi, 55
Baltimore— To Bremen, per steamer Hermann
Boston — To Liverpool, per steamers Victoria, 477
139
Massachusetts,
Minnesota,
53
Bavarian,
181
588
2,046
Philadelphia— To
BREAD
425
661
Atlas,
TUFF
S
S
Friday, P. M., Aug. 27, 1880.
There have been no important changes of prices of flour in
Liverpool, per steamers Lord Gough, 473
the past week. Trade has been but moderate, and receivershave with difficulty kept the wharves clear of current receipts.
It has been necessary at times to make concessions for special
8.841
Total
lots, but the general range has been maintained. Receivers say
The particulars of these shipments, arranged in our usual that with common extras at $4(§)|4 25, and good do. at .f 5^
form, are as follows:
prices are low enough, and they do not believe supply will
Mediterra- TaBreLiver
exceed the demand at those prices. Production, however, hasTotal.
pool.
inen. nean Ports, hiti.
Havre.
5,421
3,432
625
1,309
55
New York
423 continued large. To-day there was a strong market, especially
Baltimore
425
2,046 for the low grades, but trade was not active.
Boston
2,046
921
rhiladelphia....
921
The wheat market has been only moderately active, and »
28
3
San Francisco...
buoyant opening for the week has been followed by some de25
8,841
55
Total
6,402
625
1,734
pression, especially in the early futures but in the whole
Cotton freights the past week have been as follows:
range, as compared with last Friday, there is some irregularity.
Evidence accumulates that, at present prices, the farmers will
Tiies.
Wednes. Thurs.
Fri.
Satur.
Mon.
not market their wheat crops freely, and something of a contest
3i8®l4 3l8®'4 3l6®'4 'la®^ 3ifl®l4
Uverpool, steam d.
over prices between the growers and consumers is foreshadowed.
sail...(i. 3i6®732 ='l6S''32 3l«®''32 3l6®''32 3l6®''32 'l8®''.19
Do
It will be observed that the receipts at the Western markets for
e. 816®%
Havre, steam
»18®'^
9l6®°8 9l6®»8 9l6®»8
e.
Do sail
last week were much smaller than for the corresponding week
Bremen, steam, .e. 9l6®=9 816®% »18a»8 »18®»8 »IS®»8 »18®°8
last year, though prices are not much lower now than then. Tosail
Do
c.
the market was weak, October options closing at
day
07M@
=8
steam.d.
»18a=8
»18®'8
»18®»8
Hamburg,
"IB®
•le®'^ »16®=8
$1 07^ for No. 1 white, and $1 08M@?l 08?^ for No. 2 red
6ail...<2.
Do
Pennsylvania, 448
92
San Francisco—To Liverpool, per ship
Ella, 25 (foreign)
To Tahiti, per
3
Invincible, 3 (foreign)..
25
;
1
H
Amst'd'm, steam.c.
Do
Baltic,
Do
=8
=S
»8
»8
H
38
38
%
38
3e
winter.
8aU...d.
steam
saU
d.
Indian
38
c.
Liverpool.
— By cable from Liverpool, we have
the following
statement of the week's sales, stocks, &c., at that port:
Aug 6.
Bales of the week
bales.
Sales American
Of which exporters took
Of which speculators took..
Actual export
Foi'warded
Total stock— Estimated
Of which American— Estim'd
Total Import of the week...
Of which American
Amountafloat
Of which American
38,000
29,000
2,700
890
5,100
9,700
716,000
481,000
20.500
12,500
170,000
60.000
Aug. 13.
41.000
31,500
4,100
1,450
5,100
6,000
696,000
469,000
26,500
23,000
159,000
53.000
Aug. 20.
57,000
44,000
5,800
3,500
5.900
3,700
637,000
443,000
17,500
13,500
154,000
48.000
Aug. 27.
66,000
46,000
1,200
7,000
4,700
3,600
624,000
42 ,000
30,500
1
24,.300
129,000
29,000
The tone of the Liverpool market for spots and futures each day of the
week ending Aug. 27, and the daily closing prices of spot cotton, have
been as follows:
com has
Saturday Moyiday. Tuesday.
Market,
>t,
12:30 P.
?
Mid. Upl'ds
Mld.Orl'ns.
Uanket,
S
P.
M.
Active
Active
and
and
firmer.
firmer.
6T8
73i8
l>
714
10,000
2,000
12,000
3,000
Wednes. Thursday.
Friday.
Fair
Easier.
Easier.
'"18
73t6
714
714
demand
freely met
714
\
8,000
1,000
8,000
1,000
8,000
2,000
10,000
2,000
Futures.
Market,
5
P.
M.
Near mos.
(
(
The
lation of stocks.
Rye sold early in the week at 89@90c. for No. 2 Westero
for August and 87c. for October, but is since weaker, selling at
88c. for August, with 85c. a nominal price for October.
Oats were quite buoyant early in the week, No. 2 mixed
selling at 37^c. for September and 38c. for October. Bnfc
recently decline has been rapid, and to-day No. 2 graded closed
at 37^c. for mixed and 38c. for white, and futures of No. 2
mixed nominal at about 34Mc. for September and 35c. for
October. The fluctuations are largely the results of speculative manipulation, operating upon light stocks and an nncertaia
future.
The following are
closing quotations:
No. 2
*
Grain.
I
bW. $2 40® 3 10 Wheat|
Winter superfine
385a410|
Spring superfine
Spring wheat extras..
3
4
96 W 98
OSiaSl 03
40® 3 80
00® 4 35
94 ®1 10
0814®! OS's
do XX and XXX... 4 50® 6 23
Wliite
102 ®109
Winter shipp'g extras. 4 30® 4 60
50 ® 52
do XXandXXX... 4 75® 6 25 Com— West, mixed
5114® 51Ja
West'uNo. 2
6 00® 8
Patents
West, yellow
.®
Western 'rye mix". .. 4 60® 5 00
"56
53
West, white
City shipping extras. 4 25® 5 65
88
Bye
Southern, bakers' and
3338
5 50® 6 50 Oats— Mixed
family brands
41
White
35
Bouth'u ship'g extras. 4 75® 5 25
Canada
W.
Rye flour, superfine.. 4 70® 5 05 Bailey—
State, 4-rowetl...
Com meal—
State, 2-rowed...
2 65® 3 05
Western, &0
i..
95
81
Brandywiue, Ac... 3 20® 3 25 Peas— Can'da,b.&f.
No. 3 spring, |) bu.$
~ spring
"
No. 2
1
Ked winter
Red winter. No. 2 1
'
I
J
Sales
Bpectfe cxp.
to day.
and yellow grades have brought extreme prices, the latter
being very scarce. Supplies of No. 2 mixed have continued
large, but absorbed so rapidly as not to admit of any accumu-
Flour.
Spot.
much from day
not changed
chief fluctuations have been in October contracts, for No. 2
mixed, ranging from 52^@54Mc., closing at about 53c. White
Easier.
Irregular.
Firm.
Steady.
cas'r;
dis-
tant. st'dy
t>„.. ,,„
Barely
steady.
I
I
1
|
I
I
AuaosT
THE
as. 1880.)
(From the " New York Produce Exchanae
(;HR0NJ(JLE.
Weekti/-")
ports,
Receipts of flour and graia at Westera lake and river ports
for the week ending; Aag. 21, 1880
Flour,
bbts.
A.t—
(198
lbs.)
44,913
49.763
CTblca^o
...
Milwaukee.. ...
647
Toledo
Detroit
...
Clevelaud... ...
Bt. Louis
...
Peoria
...
Dulutli
...
Total
Same time
'79.
5,918
1,585
44,264
1,575
1,130
Corn,
bush.
(56 lbs.)
500,949 2,814,053
Wheat,
bush,
(60 lbs.)
Barley,
Oatt,
Rye,
bush,
biish.
bush.
(32 lbs.) (48 lbs.) (56 lbs
510,026
44,200
34,677
2,523
32.800
35,069
352,300
31,600
215,350
C.017
111,900
289.240
261,325
156,816
72,809
940,985
231,698
73,500
710,405
14,030
2,583
51,570
23,600
8,449
16,500
1,000
5,693
48,050
1879.
Wheat
8,215,326
7,556,262
1,693,628
102.779
553,339
10,895,718
12,182,490
4,747,101
318,657
724,020
4,893,284
11.389,044
2,293,337
3 60.932
607,202
22,633,034
18,121,334
28,867,986
19,349,079
Oats
Barley
Bye
Total grain
....
384,211
8,198,678
11,177,317
2,737.963
151.267
387,829
boah.
Com
1877.
360.780
1878.
259,822
450,573
bblB.
Total receipts at same ports from Jan. 1 to Aug. 21, inclusive
for four years:
1880.
3,819,935
1879.
4,104,761
1878.
3,540,870
1877.
2,594.622
41,149,403
101,838,543
20,765,373
2,757,003
1,780,183
48,213.201
63,395,478
19.638,693
2,543,516
2,464,879
44,902,705
64,686,642
19,303,142
3,249,538
2,783,329
13,189,869
54,054,639
12,941,404
2,880,1J4
1,547,189
Total grain.... 169,310,509
136,253,769
134,930,336
86,613,173
Flour
bWs.
WTieat
bush.
Cora
OaU
Barley
Rye.
Comparative shipments of flour and grain from the same
ports from Jan. 1 to Aug. 21, inclusive, for four years:
188(fc
1879.
1878.
1877.
Floor
bbls.
2,697,700
4,416,213
bush.
42,363.875
86,295,215
16,550,138
1,698,100
1,493,123
44,137,884
56,839,951
14,532,835
2,099,080
2,332,018
Total grain.... 148,400,451
119,961,768
Wheat
Oom
Oats
Barley
Ky«
3,710,030
2,561,715
103,260,034
93,398,619
river ports for the
weeks ended
1880.
1879.
Week
Aug. 21.
yiour
"Wheat
1877.
1878.
Week
Atig.23.
Week
Aug.2l.
Week
Aug. 25.
bbls.
111,546
97,918
76,969
99,344
bush.
462,775
698,591
813,981
17,929
38,927
668,360
540,813
514,251
19,165
75.468
382,850
366,383
529,487
20,104
4,629
176,121
388,159
433,028
9,712
27,198
2,032,203
1.818,087
1,303,433
1,036,221
Corn
OiU
Barley
Kye
Total
Bail and lake shipments from same ports for last four weeks
Week
Flour,
Wheat,
Corn,
Oats,
Barley,
Rye,
:
—
bbls.
endinff
Aug. 21. ..154,794
Aug. 14. ..173.837
bush.
2,160,733
2.399,338
Aug.
3.302,234
2,419,279
bush.
bush.
3,666,957
3.101,638
2,330.748
3,107,937
835,889
826,078
694.363
493.418
17,929 103.927
12,578 96,299
9,404 141,784
11,518 42,622
Tot., 4 wke.630.066 10.481.601 12.239,380 2,849,748
•*w'l£8'79. .386,084 10,233,538
9,730,643 2,316,229
51,489 386,632
47.992 013,509
July
7... 160,309
31. ..141, 106
bush.
bush.
Receipts of flour and grain at seaboard ports for the week
•ended Aug. 21:
At—
KewYork
Flour,
Wheat,
bbls.
bush.
131,848 1,345,464
60,4i9 309,650
2,875
13,803 691,256
19,430 744,500
24.571 1,474,300
15,976 141,680
Corn,
Oats,
bush.
bush,
Barley,
bush.
1,!551, 100
203,900
'"
482,043
79,730
53,000
2,300
221,086
30
150,800 103.000
18,700 23,300
18,043 20,550
i",y56
1,356
Total week
273.932 4,706,850 2,496,771 434,830
Cor. week '79.... 251,144 5,197.781 1,474,212 696,268
2,156
5,613
Bostou
Portlaud
Montreal
Philadelphia
Baltimore
Mew Orleans
And from Jan.
bbls.
*'-i<)lir
Wheat
bush.
Corn
Oats
Barley
Bye
Total grain
....
1 to
Aug.
21, inclusive, for
800
Rye,
bush.
21,196
700
68
2,000
1,700
23,664
63,773
four years:
1880.
6,064,843
1879.
6,367,074
5,462,610
1877.
4,263,329
73,944,112
99,435,741
14,803,347
1,592,023
973,267
76,362,000
74,263,440
13,896,263
1,736,908
2,427,996
54,343,878
74,725.677
13,943,120
2,468,115
2,830,908
10,169,939
53,403,294
11,016,321
2,116.046
971,455
190,773,490
168.706,612
148,331,693
79,677,073
1878.
Exports from United States seaboard ports and from Montreal
lor week ending Aug. 21:
Flour,
From—
bbls.
New York
Wheal,
bush.
Com,
bush.
Oats,
bush.
73,294
25,117
1,989,120
149,905
1,293,934
11.441
9,436
9,392
799i445
627,492
1,144,273
339,887
65,796
26,364
1,000
Total for w'k 128,700
4,710,235
4,157,389
2,137,328
1,024,039
3,478
32,172
Boston
Portland
Montreal
Philadelphia.
.
Baltimore
Same time
The
'79.
129,510
lake,
raU and canal, Ang. 21, was
at—
lUilTalo
(,'hlcajro
Miiwankee
Dulnth
Toledo
Detroit
Oswego
Louis
Boston
Toronto
Montreal (15th)..
Philadelphia
Peoria
Indianapolis
Kansas City
Baltimore
rail
lake (est.)
canal (est.)
OaU,
busk.
2,835,566
514.000
42,197
18,000
7!i,000
134.345
995,546
1,669,948 3,183,381
125,283
16,649
7,400
85,000
885,015
342,568
129.719
2,782
45,000
110,0<K)
726.210 1,062.043
203,887
263,925
8,821
110,530
16,600
928,241
352,643
8.233
80,107
217,000
59,500
189,703
71,151
1,575,884
403,903
462,773
(>93,59l
2,297,000 3,5.30,000
1,992,000 2,021,000
25,500
(est.).
Albany
On
On
On
Corn,
bush.
bush.
2,802,688
Total Aug. 21,'80. 14.536.688
Aug. 14, '80
14,179,091
Aug. 7, '80
14,791,197
July 31, '80
14.272.015
July 24. '80
13,367,433
Aug. 23, '79
15,966,899
96,111
789
63,703
55,480
38,.Vo(j
1,781
53,852
12,109
l.eoo
72,442
47,29tf
8.78»
102,917
12.176
7,366
3,667
i'jiia
2,935
llisBl
..„..
144
116,645
"bo
1,951
4.134
l,im
2,706
26 I'm
7,.500
1,400
723
5,201
621
813,i)8i
17,929
33.927
88 000
08,000
186,646
169,737
169,717
176.204
183.936
300,498
463,890
432,718
387,08a
271,912
168.862
22.000
•-iO.OOO
16,788,039 1,329,882
17,363,832 1,360,783
16,739.393 1.310.377
15,741,911 1,677,197
12,582,429 2,279,174
787,180
O-OODS TRADE.
FaiDAT. P. M., Aug. 27, 1880.
The market
for dry goods has been fairly active the past
week. There was a steady demand for moat descriptions of
seasonable goods at first hands, and though selections were
mostly restricted to moderate-sized parcels, transactions were
so numerous that the volume of bu8ine.ss was by no means
Rye,
bush.
Peas,
bush.
1,623
710
373
45,177
431,347
430
8,523
43.887
3,535
department goods was made by most of the leading firms.
Southern retailers are now largely represented in the market,
and they are operating more freely than for some time past;
but without the least tendency toward speculation. The heavysupply of foreign silks has caused importers to seek an outlet
through the medium of the auction rooms, and some large
offerings of Lyons and Zurich silks were made during the week
with moderate success.
Domestic Cottojj Goods
The exports of cotton goods from
this port during the week ending August 24 were 2,464 packages, including 1,617 to Great Britain, 200 to British Guianm,
158 to Turkey, 122 to British Honduras, 104 to Brazil, 89 to
Venezuela, 46 to Cisplatine Republic, &c. There was a steady
movement in plain and colored cottons from first hands, and
agents' prices were unchanged but there was some irregularity
in jobbers' quotations, certain makes of goods having been
offered at "cutting" prices as an incentive to more liberal
transactions. Brown cottons were in steady demand by the
home trade, and some large lots of Southern sheetings were sold
to exporters at about their market value.
Print cloths were
active, and prices advanced to 4c. for 64x648 and 3%@3/^c. for
56x60s. Prints were moderately active, and there was a sharp
rally in prices of 56x60 fancies, most makes of which wera
advanced to 5^c. Dress ginghams continued very active and
scarce, and there was a fair movement in cotton dress goods.
Do.MESTic Woolen Goods. Business in this branch of the
trade has been somewhat sluggish. Heavy clothing woolens
ruled quiet in first hands, but fair sales were reported by jobbers.
Light-weight woolens for men's wear are not generally
shown as yet, but a few orders for fancy cassimeres and worsted
coatings were (,in exceptional cases) recorded by agents. Cloakings were in moderate request, and special makes of repellents
were sought for in fair quantities. For Kentucky jeans the
demand was limited, and satinets moved slowly. Flannels were
quiet and steady, aside from white flannels, on which slight
price concessions were made. Shawls were less active, and
—
;
—
were quiet in first hands. The Essex Felting Mills closed
out 300 cases embossed felt skirts, through a leading auction
house, at fair average prices.
FoREiojf Dry Goods.— There was a slightly-improved demand for imported goods, but buyers are operating cautiously,
skirts
under the belief that importations are so heavy that prices may
rule lower as the season advances. Silks were more freely
offered at auction and sold fairly, but at low prices. Fancy
dress goods were in fair request, but staple fabrics remained
sluggish. Woolen goods, linens, white goods and embroideries
supply of grain, comprising the stocks in granary
•t the principal points of ac<;umulation »t lake and seaboard were severally in light demand, but fairly steady
visible
Rye,
bush.
24,000
„,74«
16.6t7.(i03 1,465.557
THE DRY
Barley,
bush.
21,471
unsatisfactory.
There was increased animation in all branches
of the jobbing trade, and a large distribution of staple and
from Western lake and
Rail shipments
store
8t.
1
by
Wheat,
In
Do. afloat
)
83,S43
10,900
2,903
Total receipts (crop movement) at the same ports from Aug.
to Aug. 21, iuclasive, for four years:
Flour
in transit
follows:
New York
154.817 2,555,979 3,906.501 1,032,193 100.119 152,453
121,422 2,962,387 2,365,185 966,666 60,714 204,047
1S80.
and
237
in price.
THE (HRONICLF.
238
Importations of Dry Guoda.
The importations of dry goods at this port for tlie week ending
Aug.
and for the corresponding weeks of 1379 and
26, 1880,
1878. have been as follows:
KSTERED FOR CONSUMPTION FOK THE WEEK ENDINO AUG.
1878.
Value.
PkffS.
Manutactures of—
Wool
1,048
1,108
811
'Klax
Miscellaneous
Total
424
592,475
420,630
820.905
236,977
559 181.054
7,676 2,252,041
1.314
1,389
1,279
3,135
694,938
414,901
721,065
811 191,781
723 210.754
5,706 2.233,439
1,659
1,288
1,222
4,336 1,654,987
Receipts of Leadlns .Irtlcles ol Domestic Produce.
The following table, based upon daily reports made to the
New York Produce Exchange, shows the receipts of leading
articles of domestic produce in New York for the week ending
with Tuesday last (corresponding with the week for exports),
also the receipts from January 1, 1830, to that day, and for the
corresponding period in 1879:
Talite.
\
ending Since Jan,
Aug. 24.
1880.
^V€elc
Ashes
Beans
Breadstuffs—
Wool
244,153
501
72,991
230
127
356
210
571
242
132
386
300
Flai:
Miscellaneous
Total
512,141
1,631
4,336 1,6.54.987
5,967 2,167,127
-
Eut'd torcousumpt
Total on market
.
103,436
70,452
21.108
.
803
369
250
473
200,346
66,978
111,935
71,002
22,341
473,202
1,424
312,585
115,363
190,972
111,303
77.472
807,695
1,037
2,93-.'
5,706 2.233,439 7,676 2.2.52.041
7,1311 2,706,641 10.601- i.039.736
ENTERED FOR WAREHOUSE DURING SAME PERIOD.
Manufactures of—
411 159,957 1,071
501 203,794
Wool
Bilk
Flax
Miscellaneous
Total
Ent'd for coosuinpt.
Total at the port ..
185
98
384
35
59,179
99,489
61,629
14.371
438.462
Imports of Leading Articles.
following table, compiled from Custom House returns,
shows the foreign imports of leading articles at this port since
January 1, 1880, and for the same period in 1879:
ITUs quantity is given In packages when not otherwise specified.]
The
1879.
1880.
Uluua, (kc—
.
Glass
GlaiSSware
Glass i>late.
Buttons
Cocoa, bags.
Coffee, bags.
Cotton,bale8
1,195
9,721
Cochineal..
.
.
Gum, Arab.
ludigo
12,053 Waste
2,3itl; Wines, &0.—
30,8/2 Champ'gne
3,706
baskets..
4,292 Wines
1,973! Wool, bales.
33 AW[\ Reported by
!
33,422
1.320
829:
8,532
41,050
05.308
4,035
9.214
Soda, biKsb.
Soda, sal..Boda, ash..
Flax
Fuis..-.
Gimiiy cloth
India lubber
tvory
Jewelry ,iS:cJewelry
.
679
.
313.691
70,280
Linseed
M(>la.-;.-es
Metals, <fec-
4,843
Cutlei-y
919
Hardware...
329
71,852
121,000
32,818
$
980,798
86,098
791,026
307,909
1,331,996
1,359,329
580,914
624.933
Raisins ....
954 Hides, undr. 16,588,948
3,340 Rice
237,267
31,120 Spices, Ac—
1,026 Ciissia
184,442
82,517
Ginger.. ..
1,708 Pepper
397,098
428 ;Salti>etre...
277,332
305.313 Wood.-"—
73,84:5 C'orlf
460,189
Fustie
59,511
3,162 Logwood ..
562,837
43!)
MaliDgany
159.100
2,387
. .
Watches
992,294
490,501
32,770
$
^alue.
.
2,236
5,767
45,102
1,520
.
504,366
95,774
138,078
88,451
. .
Hides, &c.
Bristles
Hide.s,dr*8d
6,622
1,169,397
48.803
901,923
9,703,741
89,910
550,187
51,113
891
0,142 Fruits, &o.—
003: Ix^mons ..
2,843 Oranges
130,142 Nuts
9,900
100,370
Hemp, bales
1
10.163||Cigars
39»302| Corks
43,1151 Fancy goods
1.947 Fish
2,CKi4
Hair
808,591
50,975
577,249
252,353
430,714
431,919
7,134.833
239,823
224.879
96,034
321,974
195,709
342,322
91,354
439,670
131.903
.
week ending Aug.
Beef,
bbh.
bbfs.
203
Liverpool
Glasgow
rorl;,
100
.
.
"83
Bristol
325
233
209
50
W.Hartlepoo!
HlUl....;
British ports
"26
Havre
Marseilles
Kotterdam
French ports.
.
Bremen
Hamburg
Antwerp
Cent. Amer.
So. Am. ports
British Col..
Cuba
Hayti
"67
4,971
"15
lis
132
37
47
412
197
1,976
5,760
3. ,581
216
514
375
1,790
Indies..
Other count't
week
Prev*s week
I'otal
"36
....
. .
Dantzic
Spain
West
75
.
.
.
743
620
No.
hales.
bales.
Leather
sides.
pigs-
Leiid
Molasses
Molasses
545
hhds.
Naval Stores—
Tar
bbls.
Pitch
hWs.
Oilcake
pkgs.
547
6,245
500
Oil, lard
Oil, whale
galls.
Peanuts
bush.
1,371
pkgs.
pkgs.
2,077
plfgs.
pligs.
plcgs.
bbls.
25,985
25,877
41,387
6,566
7,077
2,639
bbls.
2,319
62,469
233,403
14,057
1,418
436,273
1.333
46,084
204,235
16,016
2,036
267,598
11,940
8,011
181
60,650
69,088
Provisious
Pork
Beef
Cutmeats
Eggs
Lard
Lard
tcs.
& bbls.
kegs.
Hogs, dressed
slabs.
pkgs.
Sugar
Sugar
Tallow
Tobacco
Tobacco
516
No.
pkgs.
Bice
Spelter
Stearine
625
"233
bbls.
hhds.
pkgs.
boxes
& cases.
hhds.
Whiskey
Wool
bbls.
bales.
107,176
23,048
1,141,166
887,353
1„504,487
421,224
439,935
108,192
40,674
42,234
37,640
14,027
91
"l46
8.,504
2.473
3,048
3.337
3,540
1,149
74.632
100,071
60,470
208,289
55,389
171,817
25,730
1,204,311
912,475
1,551,219
332,339
519,812
44,755
49,869
24,946
62,810
19,397
1,379
30,053
05,661
110,526
61,315
179,939
83,736
21, 1880,
Exports ot Leadlax Articles of Domestic Produce.
The following table, based upon Custom House returns, shows
the exports from New York of all leading articles of domestic
produce for the week ending with Tuesday last; also the exports
from the 1st of January, 18S3, to the same day, and for the corresponding period in 1S79:
"Week endintf
Aug. 34.
Ashes, pots
Ashes, pearls
Beeswa.'?
and their distribution
:
i'lour,
lbs.
;
I
BueoH,
Cheese,
Talloxc,
lbs.
lbs.
lbs.
100,3001
404,705 331,800
500,3421 8,504,883 3,414,780
444.025 1,139,070
192,.575
33,000
5,000
591,697
673,450
9,300
366,500
77,780
102,500
1,362,950
139.775
71,500
082,033
414,240
115,500
48,000
46,049
118,011
163,400
,704,800
22,325
36,775
4,016
170,906
12,850
583.20(1
32.9.;.^
48,938
12,834
3,371,975
5,391,529
27.500
713.206
137„500
290,220
03,760
25,320
9,000
193,920
31,500
515,700
389,100
142,500
1.55.000
69,980
483
258
5.974
6,179
23,349
300
7,375
50.300
3,739
3,135
1,829
11,723
7,186
l,b03
43,086
3.113
13,132,047 5,491,019 2.243,240
14,450,520 8,676.817 1.656.738
1,
677
145
libls.
bbls.
lbs.
2,200
58,278
wheat
Mils.
72,297
13
2.197
1,509,931
2,604,938
2,861
110,917
39,734,224
Flour, rye
blils.
Coru meal
bbls.
Wheat
Rve
Oiits
Barley
Peas
Gaudies
Coal
Cotton
Domestics
Hay
Hops
Lard,
Since Jan.
1880.
Same lime
asl year.
1,046
108
32,798
Breadstuffs
Com
are the exports of provLsions from New York,
Boston, Baltimore, Philadelphia, Montreal, Portland and New
To—
bags.
bags.
.009,750
1,431,170
The following
London
bales.
bbls.
oil
1
Exports of Provisions.
Orleans, for
Cotton
Cotton seed
tlax seed
Grass seed
Hides
Hides
242,200
50,344
290
1,407
405
11,668
1,225
1,524
649
221
53,035
1
975
Madder, &c
OU, OUve..
Opiiuu ....
. .
Ac-
28,133' Toljacco....
24.922
17.777
2,958
74,559
4,038
5,887
Peas
last year.
3,291,624
106,301
37,152,579
1,552.004
26,515,040
7,021,927
2,367,282
240,537
445,002
16,158
35,054
98.243
145,633
90,805
48,743
2,776,083
452,023
4,941
75,588
Turpentine, crude
hhls.
Turpentine, spirits... bbls.
hbls.
Rosin
Com
Oats
Barley and malt
Butter
Cheese
1879.
40,982
8,977! Lead, pigs
24,610! Spelter, lbs 4,825,307
378,015
142.8161 Steel
24.975i Tin, boxes. 1,084,335
3.257' Tin 8lbs.,lbs 19,795,631
227,909
0,534! Paper Stock.
34,0211 Sugar, hhds.
22,891; tcs.,&bbls.
484,395
1,507,04,1 Sugar, boxes
9,938 audbags... 2.211,189
Tea
Drugs, <&o—
Bark, Peru.
Blea. powd.
Gambler
Sletals,
j
12,190
35,501
494,988
28,597
4,608
8,912
32.606
29,350
1,593,193
4,795
China
£arthenw
1880.
1
119,861
2,234
1,617,710
73,540
1,389,050
42,435
bush.
bush.
busS.
bush.
bush.
bush.
Same time
4,351
43,282
89
bbls.
bbls.
Corn meal
Hops
407,013
371 104,709
57,125
277 222,.570
73,132
768 161,053
65,152
128.716
19,364 2.341
4.828
1,024,121
1,113
374,630
1,184
4,336 1,054.987 5.706 2,233,439 7,0762,232,041
5,52012,093,419 .6,81i. 2,608,069 12,5013.276.162
172
95
322
94
217
1
2,535
30,286
32
Wheat
Rye
Cotton
wheat
25
bbls.
Flour,
ISO THE SAME PEBI l)D.
Manufactures of—
hbls.
bbls.
2,939,455
88,859
34,337,079
607,093
39,849,755
8,212,713
2,755,783
340,751
499,461
32,425
34,008
71,642
100,302
33,274
12,137
2,641,033
119,191
WITHDRAWN FROM WAREHOUSE AND THROWN INTO THE UABKEI DVR-
snk
XXXL
*
$
327,385
572,319
171,892
117,174
885
BUk
Pkns.
TalHi:
Pkiis.
$
466,217
26, 1880.
1880.
1879.
[Vol.
Naval StoresCrude tai-peutine
Spirits turiieutine
Kosin
far
Pitch
bush.
bush.
bush.
bush.
bush.
bush.
pkgs.
tous
bales
pkgs.
bales.
bales.
837
1,105,503
286
121
7,873
2,425
389
636
967,866
329,374
262,800
227,995
32,030,755
40,365
32,340
413,712
79,105
82,029
3,600
104,510
34,017,742
2,511.296
372,908
101,870
235,642
22,031,370
39,158
51,985
189,707
184,716
40,811
19,052
6,619
119,035
4,930
3.400
1,036,391
100
bbls.
bbls.
454
bbls
6,416
bbls.
bbls.
30
18
44,070
18,762
153,450
4,520
3,715
3,539,314
4.420
10,052
4,315,478
69,907
238,548
572,339
89,469
157,924,232
201,430
95,562
878,894
6,844
153,754,530
158,229
41,150
39,703
370,871,684
18,424,272
81,556,581
187,919,039
14,116
58,401,150
49,283
30,640
4,220,177
53,504
157,612
33,937
37,000
390,401,990
20,498,004
92,320.901
108,252,918
10,551
43,404,944
30,473
18,658
4,435,470
40,510
Oilcake
Oils-
cwt.
Whale
Sperm
Lard
gals,
Linseed
Petroleum
17,710
1,937,399
4,560
gals.
gals.
gals.
gals.
Provisions
Pork
bbls
Beef
Beef
Cutmeats
Butter
Cheese
l>tils.
Lard
tierces.
lbs.
lbs.
lbs.
lbs.
bbls.
Rice
lbs.
Tallow
hhds.
Tobacco, leaf
bales aud cases.
Tobacco
Tobaoco.manufactuied. lbs.
Whalebone
lbs.
3,734
730
493
8,611,599
647,052
3,237,397
3,046,070
441
2,349,610
3 005
947
100,107
35
AuarsT
THE CJHKONICLE
28, 1830.]
Financial.
Financial.
Financial.
The Brooklyn Trust Co. HilmerSjMcGowan & Co
Cor. of
Monta«uc & Clinton stB., Brooklyn, N. Y.
This Company Is authorlied by special charter to
aot OS receiver, trustee, Kutirdlan, executor, or ad*
mlnistrator.
It can act as itxent in the sale or management oi
real estate, collect interest or dividends, receive
reiristry and transfer books, or make purchase and
ale of Gitvernuient and other securities.
HeliKlous and charitable institutl<tns, and persona
unaccustomed to the Iransactl"l! of business, will
find this (Company a safe and convenient depository
for money.
ItlPLBY UOl'ES. President.
CHA9. K. .MAKVIN. Vloe-Pres't.
EdqAK M.
CULLE.V, Counsel.
mercial
B. Kendall, Henry Sanger, Alex. McCae.
Chas. B.Marvin. A A. Ixiw.
P. Knife,
Thomas Sullivan. Abm. B. Bavlls. Henry K.Sheldon
H. B. Plerrepont. Dan'l Chauncev, .lohn T. Martin,
Alex. M. White, Joslah o. Low, Kipley Hopes,
Austin Corbin. Edmund W. Corlies.
W.M. K. BUNKER, Secretary.
&
Hatch
BANKERS,
Foote,
WALL STREET,
No. 12
BUT ASS SKLL
GOVERNMENT BONDS. STOCKS AND MISCELLANEOUS SECURITIES.
Joseph
Lloyd
34
STOCK BROKERS,
15 BROAD STREET,
No.
He.SHY W. Pooh.
Jab. U. Oliphant.
&
Wadsworth,
AVALL STREET,
BANKERS AND DEALERS
10
BONDS
AIVD
IN
STOCKS.
All classes of netrotiit.ble securities bought and
old at the htock ExcbaDge on Commlsston. Ad-
made on same.
Wm. C. Sheldox.
rances
Bnv and Sell on c<).MMiasioN all SEri'KiTiis
Cuhhkxt at the New Yokk stock Bxcuanoc.
Allow Interest o.v Deposits. Make AorAMCBS
ON APPROVED Collateral.
NEW^ YORK.
WM.
STOCKS
B.
Gaslleht Stocks,
L. Grant,
Trust Companies' Stocks,
Telegraph Stocks,
Telephone Stocks,
Railroad Stocks and Bonds..
BROADIVAY,
No. 146
NEW
YORK.
CITT RAILROAD STOCKS & BONUS
BOUGHT AND SOLD.
See quotations of City Railroads
ALSO.
of Investment and MlscellaneoDS.
Securities not actively dealt in at the New
York Stock Exchange.
A'l
classes
in this paper.
At Auction.
STOCKS
.
Co.,
t'ESTIIHE:KT SECURITIES,
Sew York City. CliicaBo, Cincinnati, Si
Columbia, auU
ItouiH, District of
Governmeni
52 WILLIAM
H. Latham.
&
Buttrick
W. Perrt.
f.
Elliman,
Sc
BONDS
AJVn
Buttrick, Member of the N. Y. Stock Eich'ge
Wm. Elliman. Memoer of the N.Y. Minlnj! Eich't'e
C. A.
H. niJLf.ER A SON,
PINE STP"ET, NEW YORK.
ADRIAN
John
5
F. Zebley, Jr.,
BANKER AND BROKER,
BROAD ST NEW YORK,
,
(Drexel Bcildino)
Dealer la
luvestmeut Securltlc*.
Crders executed at the Stock and Mining Exchanges.
Special attention given to Defaulted Railroad and
Municipal Securities of Illinois, Kansas, Missouri,
Iowa and Nebraska.
Correspondence olicited and full information
given on all classes of bonds and stccks.
-^^^-^^—.^.^.^
*
—
E.
S.
7
&
Kimball, Howell
H. Kimball,
J, P.
Members
68
Co.,
Howell, N.P.Henderson,
N. Y. Stock Exchange,
BROADAVAY AND
17
NEW^
ST.,
All Seearltles dealt In at tUe
A 6PEC1ALTT
State, Municipal and Hallway Ponds and Conpon*
bought and sold at best market rates. Investors or
dealers wishing to Duy or sell are Invited to commuiUcftte
with UP.
Member of
the
Wm.
And
Torks-tock Exchange.
&
Sons^
Fisher
BANKERS,
Dealers in GoT£rnnients, Coin,
ft
Investment Securities,
2 SOUTH STREET
BAIiTIITIORE,
IflD.
Purcliaia and sell Governments and Coin.
Gold cocstantly kept on band for the »upplr of Merchants, for duties.
Bonds and Securities of every description bougbfc
BUd sold on Commiseloa Orders, wliich have dlr«ct
personal attention.
Especial attention Is given to Investment SecnrlUe*
of the hlt^her grades, quotations fur which are furnished as required.
Correspondence
solicited.
&
Swan Barrett,
BANKERS AND BROKEBa
Exchanse
86
SIXTH AVE., WEST OF KAN. AVE.,
TOPEKA, KANSAS.
Loans negotiated. Collections made. Taxes
paid.
26^ middle
Street,
PORTI.AND, MAINE,
Dealers In Government, State, County, Cltjr and RalV
road Bonds, Bank Stacks, &c.
Desirable Investment Securities constantlr on hauA
Municipal Securities bought and sold.
George
Eustis
&
Co.,
PINE STREET.
BROKERS,
Stocks
Cash paid at once for the above Securities; or
hey will be sold on commission, at seller's option.
Hudson
&
Co.,
EXCHANGE COUHT, NEW YORK,
Buy and sell on commission, for investment or on
margin, all securities dealt in at the New York
Stock Exchange.
B. R. LEAR.
c. I. HrnsoN-,
T. H. Curtis.
Member J^Y. stock Exch.
D. Probst
&
Co.,
J.
STOCK AND BOND BROKERS,
No. 62
New
Opposite Second St.
H. R. Prather & Co,,
REIL ESTATE AND INSURANCE,
A SPECIALTY.
I.
City
BcY, Sell and Caert on Marodjs
Bailey,
Insurance
C.
New York
Street,
llTall
Dealing
8
Manning,
SOUTHERN SECURITIES
of all cUiBses of
WEDNESDAYS AND BATCRDATS,
•
No. 6
STREEr.
BANKERS AND BROKERS,
Nos. 37
B.
BANKER AND BROKER,
FOREIGN EXCHANGE.
OS
No. 7
John
Securitien.
39 Wall St, New York.
SECURITIES
RECJULAR AUCTION B0ND4 STOCKS and INVESTMENT
BObGUT AND SOLD ON COMMISSION.
Xlie XJnderglgned hold
SALES
&
J H. Latham
Wadsworth.
BONDS
and
NOYES,
C.
NASSAV STREET,
21
BUYS AND BELLS
H.
J.
Wm.
Y. Stock Exchange.
Member N. Y. Mining Ezch'«e
ANTHONY, POOR k OLIl'HANT,
BANKERS AND BROKERS,
No. Id Broad Street, New York,
And 83 Devonahlre Street, Boston.
Nenr York.
Sheldon
New St., New Work.
5
also.
Anthony, Member N.
Ja8. L.
subject to check, and allow interest on balances.
Special.
Co.,
McKean,
5c
WALL STREET,
dc 1
Con. MAIDEN Lane k James St., ALBANY. ». T,
Transact a General Uanltinif Business.
STOCKS and BO.NKS Bought and Sold oo Coa»
mission, and carried on .Marains.
Deposits received and Interest Allowed.
Buy and sell— on commission—Government, Railway and Miscellaneous Securities. Receive deposits
D. Sev.mour Wiixard,
Members N. T. Stock ISxcbanfte.
CYRUS W. Field, Jr.
Cyrus W. Kield,
&
w. C. McKean,
Member of N. Y. Stock Exch'ge.
Lloyd.
p.
70 Broadway
Co.,
Special attention to business of oountrT banks.
Howard Lapsley,
Lapsley, Field
&
BANKERS AND BROKERS,
Wall St., Cor. New, Neiv York.
INVESTMENT SECURITIES.
John
Francis,
BAI^KERS AND BROKERS,
bills.
A. H. Brown
&
Trask
IN
Foreign Excliange, Stocks and BondH)
68 Wall street. New York.
(P. O. Box 2*47.)
Special attention paid to the negotiation of Com
f
TKUWTEKS:
Wm.
BROKERS
cf^ Co.
BANKERS,
Keleher
P. F.
&
Co.,
Nevr York.
BANKERS AND BROKERS,
Transact a General Bankine Business, including
he purchase and sale of STOCKS and BONDS for
ash or on margin.
and Sell InveKtment Securities.
No. 305 OllTe Street,
BOX 2.647.
A.M. Kidder, wayland Thask. H.J.Morse
Government, State, County. Townsbto
and Municipal Bonds. Coupons collected. Missouri
Bonds a specialty. Foreign exchange bou^at and sold
ST. Loris, mo.,
Bar
p. O.
N. T.
But and
Beers, Jr.,
BROOKLYN SECURITIES, CITY BONDS,
sell
SANKING HOUSE OF
G.
W.
Norton
&
Co.,
Gas Stocks, &c..
EXCHANGE PLACE, NEW YORK.
Stocks, Railroad Bonds, Goversmexts, and
MISWULAKIOUS SICCBJTIES, BOUQHT AKB SOLB
WTALL STREET,
No. 18
CINCINNATI, OHIO.
No.
1
NEW STREET,
MEW
YORK.
CASH
CAPITAL:ia(10,tiOO,
I^OVISVILLE,
KENXCCKS,
THE CHRONICLE.
VI
\Voh.
Commercial Cards.
Pubiiculioiis.
'THE PRISCE AMONG MAGAZINES."
JV.
Brinckerhoff,
I. Observer
Insurance.
The United
Turner
&
The
Greatest LlTlngl
Co.,
A nthors, snch as Prof,
HasDt&cturers aDd Dealers Id
max muller, Rt. Hon.
W, E. Gladstone, JTas.
A, Froude, Prof. Huxley, R. A. Proctor, Ed.
&nd all kindi of
A . Freeman, Prof. Tyn- COTTON CANVAS, FELTING DUCK,
CAK COVER
AV.
CarR.
dall, Br.
Uia, BAGGING, RAVKNS DUCK, SAIL TWINB8
penter, Frances Power
ONTAKIO SKAMLKR8 BAGS,
AC.
"AWNING BTBIPK8.'
'^I'Ty Cobbe, The Duke ol
Argyll, Win. RIack, Miss Thackeray,
Also, Aitenu
mCrs, Muloch-Craik, Geo, MacDonald,
United Staten BnntinK Oompanr.
Mrs. Ollphant, Jean Ingelow, Thomas
r^tt snpply all Widths and Colors alwayi In stock.
Hardy, Matthenr Arnold, Henry Kings- A
No. 109 Ouane Street.
ley, W. wr. story, Turguenlef, Rnskln,
Tennyson, Rrownlng, and many others
COTTON SAILDUCK
•'
are represented in the pages of
Littell's Living Agr.
The
In 1880.
Lr\'iNQ
Age
enters upon
its thirty-
seventh year, admittedly unrivalled and continuously successful. Durinp the year it will furnish
to its readers the pruductlons of the most eminent
authors above-named and many others; embracinft
the choicest Serial and Hhort Stories by the LEADING FOREIGN NOVELISTS, and an amount
'
E.R.MudgCjSawyer&Co
AOKNTS FOR
'Washlnstoii
ITIills, Clilcopee Mfg. Co.
Iiurllu<;ton Woolen Co.,
Ellerton Hew Mills,
Atlantic Cotton inillH
Saratoga Victory I»Ifg. Co., Wceau MiUii
AXD
Hosiery, Sblrts and Drawers
Unapproached by any other Periodical
From Various Mills.
new york,
boston,
In the world, of the most valuable Literary and
43 & 45 White Street,
15 Chauncey Street
Scientific mutter of the day. from the pens of the
PHILADELPHIA
FOKKMosT Essayists. Scientists. Cuitics. DisJ. W. DAYTON, 230 CHESTNUT STREET.
covEKEus.and Editors, representing every department of Knowledge and Progress.
The Liyinq AG£ is a weekly magazine, giving
more than
THBEE AND A QUARTER THOUSAND
&
George A. Clark
Bro.,
double-column octavo pages of reading matter yearIt presents in an inexpensive f(trm. considering?
great amount of matter, with freshness, owing
to its weekly issue, and with a satisfactory comgleteness attempted by no other publication, the
est Essavs, Kevicws. Criticisms. Tales. Sketches of
Travel and Discovery. Poetry, Sclentitic. Biographical, Historical and Political Information, from the
entire body of Foreign Periodical Literature.
The Importance of the Living Age to everv
erlcan reader, as the only satisfactorily fresh and
COMPLETE compilation of an indispensable current literature.— indispensable because it embraces
the production of
XXXI
Life Insurance
States
Comp'y,
261—364 Broadway, N. V.
Assets,
....
-
.
Surplus,
.
.
$4,983,396 81
873,484 06
JAMES BUELI President.
LIBERAL AND IMPtRPANT CONCESSIONS IN
LIFE INSURANCE CONTRACTS.
Examine the new ^orm of Policy issued by
United States Life Insurance Company before
suring elsewhere.
After the premiums for three or more years har
been paid, upon receiving the required notice from
the assured the Company will continue the Policy
in force without further payments, for its FULL
FACE, for such a period as the ENTIRE RESERVE
will carry it.
Should the d'ath of the Insured take place during
the continued term of insurance as provided for
above, the full face of the Policy will be paid— n»
deduction being made for foreborne or unpaid
premiums, excepting in the event of the deatt
occurring within three years after the origtna
default.
The new form of Endowment Policy provides :—
if the ENTIRE RESERVE is a greater sum
than the single premium required to carry the full
amount of insurance to the end of the endowment
term, the excess shall be used as a single premiiun
to purchase a pure endowment, payable at the end
of the term, thus guaranteeing to tlie policy-holder
in every event the full value of his Reserve.
NO 8UKKENDER of the Policy is required only
a notice from the policy-holder, on blanks furnished by the Company.
That
;
AFTER THREE YEARS, ALL RESTRICTIONS
and CONDITIONS In regard to travel, residence,
occupation and cause of death are removed, thus
making the Policies, after three years, INCON-
TESTIBLB
FRAUD.
FOR ANY CAUSE, EXClEPTING
The Company will, upon
application, send CIrcu*
lars giving full particulars.
Office or Middle Department, Boreel Building
No. 117 Broadway, N. Y., Henry W. Baldwin, Sup't
ly.
its
OFFICE OF THE
ORIENT
Am
THE ABLEST LIYING WRITERS,
Is
Mutual Insurance Co.
niLtrARD'S HELIX NEEDJLES;
400 BROADWAY, NBW YORK.
sufBciently indicated by the fuUowiug
OPINIONS.
"The last volume of the Living Age presents a
fresh example of the judgment in selection and
adaptation to the demands of the best popular literature, which has secured so wide a circulation to
that periodical."— A'. Y. lYibnne,
'*
It covers the whole field of literature, and covers
it completely, thoroughly and impartially."— T.mc*.
&
Russell
Co., China,
CoMMissioM Merchants and Ship Agents,
HoDar KoDK, Canton, Amoy. FoocIio^t. Sliauffhai nnd
Agent
In
America, 8.
Cincinnati.
"It affords the best, the cheapest
and most convenient means of keeping abreast with the progress
of thought in all ixs phases."- iVor/A Americun,
PMladtlphia.
*'
It is, by all odds, the best eclectic, published."—
Southern Vhurcfini'in, R chmond
" It Is the embodiment of the truest and purest
literature of the age."— ^m. Christian Review, Cin-
Hankow.
W. POMKROT,
Jr.
New York Office, 59 Wall Street.
Boston Office 44 Central Street.
'With
all
New
"
is
31.st day of December, 1879, is
published in conformity with the provisions of
its CHiarter
Premiums unearned 3 1st December, 1878
Not premiums received during
the year ending 31st Dec, 1879
Total premiums
a reader may fairly keep up
important in the literature, history,
weekly
is
ASSETS,
a liberal education."— Ziow'«
3l8t December, 1879.
fferald, Boston.
"There
is
no magazine published that gives so
Cashiu banks
f;enera] a knowledge of what is going on in the
iterary vror\n.''—Pfesbyteririn Weekl!/. Jlaliimore.
" Gives the best of all at the price of one."— iVeio
York. Independe7it.
**
It holds the
cial, LouiaviUe.
palm against
all
No. 11 Old Slip,
jQur7ialt
Home and
Prices for tbc best
f4 Monthlies (or Harper's Weekly or
5i7Z 'r) will be sent for a year, both postpaid; or for
$9 50 The Living Age and the St. JVicholas or Appleton's Journal. Address,
LIXX£IiL
&,
CO., Boston.
Insurance
Pcii§.
Suspense account and accrued
Company
OFFICE, 119
BROADWAY.
Fifty-Fourth Semi-annual Statement,
SHOWING THE
CONDITION OF THB COMPANY ON THE FIRST
DAY OF JULY, 1880.
00
00
83
06
Re.scrvefor Ee-iusurance
Reserve for Unpaid Leases
Net Surplus
$3,000,000
1,856,954
106,391
1,366,888
Cash Assets
$6,390,233 89
SCmiTIARV OF ASSETS
Held
the United
available for the PAYMENT of LOSSESStates,
by FIRE and for the protection of Policy-Uoldcrs of FIRil INSURANCE
In
;
Cash in Banks
Bonds and mortcasos, being Hrst Hen on
^tu\ Wtm*^
GOLD MEDAL,
PABIS, 1878.
His Celebrated yumters,
S03-404- 70-35 -332,
and
other
viau be had
i
/lis
sli/lcs
of all dealers
throughout the uurld.
Joseph Gillott & Sons,
New Tork.
real e.stute (worth 41-1.144,950)
|82»,082 45
1,852.028 00
United States stocks (market value)
2,724,5(10
Bankand railroad stocks (market value) 388,576
State and municipal b'ds (market value)
101,350
Loans on stocks, payable on demand
(market value $l'08..S9e 49)„
652.250
Interest due on Ist July, 1880
83,810
Balance in hands of agents
142.103
Real estate
66,101
Premiums due nnd uncollected on policies issued at this office
Total
00
25
00
00
47
68
16
8,420 88
»0,380,233 8B
CUAS.
J. H.
J.
ITIARTIN, Freoldenl.
WASHBURN,
Secretary.
33
00
00
18
430,102 20
iiv-
8,44445
torest
NEW YORK,
OF
CASH CAPITAL
i^tecl
Subscription notes, bills receivable and uncollected premiums.
HOME
Foreign I^iterature.
50 The Living Age and either one of the
For $10
American
'
New York.
Insurance.
cussion, information and Investigation, and gives a
greater amount and variety or reading matter,
which It is well worth while to read, than any other
publication
It la simply indispensable."— /fo«/a7i
$70,467
260,000
78,142
330,029
United States stock
Stoeksof Corporations
Real estate
rivals."- Comm^r-
*"
There is no other way of procuring the same
amount of excellent literature for ivnything like the
same price "—-fio«(OH Advertifier.
**
It supplies a better compendium of current dis-
dab
$771,077 35
393,686 83
199,39P30
York.
It
802,271 22
miums
and science of the day."— TAe Methodist,
To read
$113,57123
$815,84245
Earned premiums of the year
Losses and exi>cn8cs
Re-insurance and return pre-
alone
it
that
politics
Company on the
'
cinnati.
with
New York, 28tli January, 1880.
The lollowlng statement of the affairs of this
$1,197,185 15
Total amount of assets
The Board of Trustees havo thU day
Eesolred, That six per ceat interest on the
outstanding Certificates of Profits bo paid to the
holders thereof, or their legal representatives
On or after 1st March next.
By order of the Board,
CHARLES IRVING, Secretary.
TK r S TEES:
Geor^
Alexander narailton,
Constautin Mecelas,
Carl L. Recknagel,
Mosle,
Henry DeB, Konth,
E, n K. Lyman,
Henry R. Kundhardt,
W.
F. Gary, Jr.,
Carl Victor,
Hugh
Auchincloss,
Lawrence Weils,
Ramsey Crooks,
Wiliiam Pohlmann.
Francis Gordon Brown,
Alex. M. Lawrence,
John D. Dix,
Charles Munzingcr,
Walter Watsor,
Ernesto G. Fabbri,
Henry K. Spraguc,
John Welsh, Jr.,
Arthur B. Graves,
H. h. Chas. Henauld,
Chae. P. Zimmermanr,
Tlieod,re Fachiri,
C. L. V. Rose,
S. Wilson,
Wm
Gustav Schwab,
George H. Moi-gan,
Francis B. Arnold,
QiorgeS. Scott.
Lewis Morris,
EUGENE DUTILH, President.
ALFRED OGDEN, Vice-President.
CHARLES IRVING,
ANTON METZ,
Secretary.
Assistant Secretary.
I
August
THE CHRONICLE.
28, 1880.]
Til
Insurance.
In§iiruncc.
Cotton.
MARINE AND FIRE INSURANCE.
OFFICE OF THE
COMMERCIAL
ATLANTI C
Mutual
Insurance
Gwynn & Co.,
Fielding,
COTTON FACTORS
Mutual Insurance Co.,
Co.
No*. 5T
and 50 WllUam
Street.
AXD
COMMISSION MERCHANTS,
INSURES AOAIKST
^RB AND
MARINE,
New
York, January 24,1880.
Tho Tnistcee, lu conformity to tho Charter of
the Company, submit the followias St.-itomeut
of Its affairs on tho 31»t Docembor, 1879
Premiums received on Marino
Risks, from 1st January, 1878,
to 31st December, 1879
$3,699,066 58
Premiums on Policies not marked off 1st January, 1879
1,071,981 91
140 Pearl
INLAND NAVIGATION
RISKS.
$810,804 7S
COTTON,
26
All risks Written at Reasonable Rates.
W. IRVING COMES,
STOCKS,
President.
E.
WAINWRIGHT HARDIE, Vlce-Pres't
HENRY D. KING, Treasurer
WILLIAM STREET,
S.
Jemison & Co.,
B A N K BR S
AND
$5,371,048 49
COTTON COMMISSION MERCHANTS'
No. 10 Old Slip, New York.
No
Polleics have been issued
upon Life Risks; nor upon
Fire dieeounectcd with Marino
Risks.
off
MOODY & JEMISON, Galveston,
from Ist
Decem-
Januarj-, 1879, to Slst
ber, 1879
OF
3,873,101 26
1,524,331
840,736
eeivablo
CashinBank
Fiay per cent of the Ontstandlng
Certificate* of tho issue of 187G, will bo
redeemed and paid to tho holders thereof, or
their legal representatives, on and after Tuesday, the 3d of February next, from which date
interest on tho amount so rcdc.emablo will
cease. The certlfleates to bo produced at tho
time of payment, and canceled to tho extent
paid.
is
New
Bet-ween
From Pier (new) No. 42 North River, foot
of Morton
street.
clared on the net earned premiums of the Company, for tho year ending 31st December, 1879,
for which certlfleates will bo issued on and after
Tuesday, tho 4th of May next.
6 BoYvHng Green.
James G. De
Sturgis,
Adolpli Lemoj-no,
Benjamin
IT.
Field,
Josiah O. Low,
William E. Dodge,
Royal Phelps,
Thomas
C. A.
F. Youngs,
Hand,
John D. Hewlett,
WUliam H. Webb,
CltarlaeP. Burdett,
Forest,
Frederick Chauncey,
Charles D. Leverich,
William Bryce,
William H. Fogg,
Peter V. King,
Thomas B. Coddington,
Horace K. Thurber,
Willlim Degroot,
Henry
John
Collins,
L. Riker.
J. D. JONES, President.
CHARLES DENNIS,
Yice-Prealdent.
Panama
Navigation Company, being the quickest and most
direct service between New York and the west coast
of South America. Sail from pijer 51 North Kiver.
For KiNGSTox. Savanii.i.a and gukytown
ATUOS
ALVO
Sept.
Oct. 14
For KixGSTO.v, Caktiiagena and Sa vanilla
ATHOS
Sept. 2 AILS A
Sept. 80
For POKTAU PUI.NCE, AUX CAVES and JACMEL
W. H. H. MOORE, 2d Vice-President
RAVEN, 3d Vloe-Presldeat.
orders executed at N. Y. Cotton Exch'te
James F.Wenman& Co.,
COTTON BROKKR&.
No. 146 Pearl Street, near 'Wall, N. Y.
Kstablished
Wm.
(in
Tontine Building)
IStO.
Felix Alexander,
COTTON BROKER,
Sept. 1
A. L. Leman
;
ATLAS
For Porto Rico
Aug. 27 CLAKIBKL
ALPS
References :— National Bank of Augusta, Georgia
Henry Hentz ft Co., Commission Merchants New
York ; William B. Dana & Co., FroprleCora Comora
oiAL AND FINANCIAL Cbbohiolz, and other New
Yoi k Houses.
I
Sept. 15
I
:
ETNA
I
For
ARDEN
NOHTH
IIA YTI and
Aug. 31
MARACAino
AHRAN
Sept. 17
PIM,
FOHWOOU &
C'O.,
No.
:
Sept. 21
Superior uccomiiiudation for tlrst-class passengers.
For freight or passage apply to
I
General Agents,
No. 37 Wall Street,
&
Co.,
COTTON BROKERS,
160 SECOND STREET,
MACON, GEORGIA.
Entire attention paid to purchase and shipment of
Cotton on order for Spinners and Exporters.
Best of references furnished. Correspondence
solicited.
Miiccllancous.
John F. Wheless
Wire Rope.
&
Co.,
COTTON
STEEL AND CHARCOAL
IRON of superior quality
suitable for MINING AND
HOISTING PURPOSES
COMMISSION MERCHANTS)
Inclined Planes, Transmission of Power, &c. Also,
spondence
.(ialvanized
charcoal
and
jlUi for Slilps' Illgglng.SusJperision IJrldges. Derrick
Itiuys, Ferry Hopes, &e. A
stock constantly on
I large
hand from which any
sired
lengths
are
dij-
cut
FLAT STEKL AND IROS
ROPKS fur Mining parp(»ses
A. A.
Tainter,
CoBBSSPONDXNOx SoLicirxn,
close connection at
with the steamers of the Pacific Steam
:
A. A. Raven,
Fu ture "
Atlas Mail Line.
I
Wm.
&
Entire attention given to purchase of COTTON e»
for SPINNERS and EXFORTERa
:
Horace Gray,
Edmimd W. Corlios,
John Elliott,
Alexander V. Blake,
Robert B. Mlntum,
Charles H. Marshall,
George W. Lane,
Edwin D. Morgan,
Robert L. Stuart,
York.
ORDER
It!
TRUSTEES:
New
AITGUSTA, GEORGIA.
Agent,
Our Aspinwall steamers form
H. CHAP.^AN, Secretary.
street.
GENBRAI. COTTON MERCHANTS,
97 PEARL STREET, NEW YORK.
suit.
DE BEBIAN,
Co.,
COTTON BROKERS,
'
Travelers by this line avoid both transit by English Uaitway and the discomforts of crossing the
Channel in a small boat.
Wed., Sept. 1,3 P. M.
FRANCE, Trudelle
Wed., Sent. 8,8A.M.
CANADA. Franguel
Wed., Sept. 15. 3 P. M.
LABRADOR. Sanglter
PRICE OK PASSAGE, (Inolndlng wine;
To Havre— First cabin. »10O and $80. Steerage,
$2», including wine, bedding and utensils.
Return tickets at very reduced rates.
Checlcs drawn on Credit Lyonnais of Paris In
liOVIS
&
Dennis Perkins
Waldron
and Havre.
Ifork
made on eon
Orders for Spot Cotton and Futures promptly exe*
Gated
GE.VERAL TRANSATLANTIC CO.
de-
By order of the Board,
Liberal advances
117 Pearl
amounts to
Dividend of Forty per cent
James Low,
David Lane,
Gordon W. Bumham,
York.
Ignments.
Direct Line to France.
ing ccrtifloatcs of profits will bo paid to tho
holders thereof, or their legal representatives,
ou and after Tuesday, tho 3d of February next
Charles IL Russell,
New
ill Pearl Street,
ONLY
500,000 00
Amount of Assets
.$12,437,739 51
Six per cent Interest on the outstand-
Curtis,
COTTON COMMISSION MERCHANTS,
livery of cotton.
Total
Lewis
Schroeder,
for the purchase or sale of contracts for fatnre de-
Stcainslifps.
1,307,900 00
1,522,820 35
231,453 10
D. Jones',
Charles Dennis,
\V. n. n. Moore,
&
Special attention paid to the execution of ordera
otherwise
Real Estate and claims due the
Company, estimated at
Premium Notes and Bills Re-
J.
Texas.
OILUAT SCHBOEDIB
MASSETS0YER$8a0OO,OOC
$8,875,558 00
other Stocks
H. Wake.
Ware
Assets, viz.:
Loans secured by Stocks, and
J.
Henky
IF.S.WINSTON.PHESIDENI
APPROVED DESCRIPTIONO
04 LIFE AND ENDOWMENT POIICIE!
JNTERMS AS FAVORABLE AS THOSE 01
ANr OTHER COMPANY.
77
ORGANIZED APRIL IZT." 1842.
United States and State of New
York Stock, City, Bank, and
A
NEW YORK.
ES EVERr
Losses paid during the samo
period
Returns of Premiums and Expenses
Tho Company has tho following
Co.,
BONDS, *e.
NEW TORE.
I
Orders In " Futures" executed at N.Y.Ckitton Bxelt
Total amount of Marino Pre-
Premiums marked
Y,
1».
&
H. Tileston
ASSETS Jan. 1,1880
:
miums
street,
manufactured to
or-
itcT.
JOHN W. MASON
43 Broadway,
&'CO.,
New York.
NASHVILLE, TENNBSSEK.
Special attention given o Spinners' orders.
Cone.
solicited.
Kkfskk>c£s.— Third and Fourth National Banlr
and Proprietors of Thx Chkoniolb.
Parisot
&
Campbell,
Cotton Factors,
VICKSBVRG, MISS.
Orders to Purchase Cotton in our market solicited
A STlLLHAIf
Refer to Messrs
New York.
WOODWARD
THE CHRONICLE.
VIU
Woodward &
74
tiom.
ic
Stillman,
BUILDING,
'«E>'ERAL COMMISSION MERCHANTS
MMAJiS
Cotton £zchaiige Building,
New
101 Pearl Street,
MADE ON ACCEPTABI.E
Tork.
LOANS MADE ON
made on ConsigTiments.
Special attention paid to the execution ot orders
,
SOVTHERK SECURITIES.
^tar the purchase or sale of contracts for future
CB.AS.
r.
C.
JOHS
HOnORST,
&
F. Hohorst
BARRETT.
R.
P. Billups
J.
Co.,
&
PEARIi STREET,
New
(Seamen's Savings
NEW
Vork.
'Eeceive Consignments of Cotton and other produce.
UIBBIML ADVANCES MADE.
LEHMAN, DURB & CO.
Monrgomery, Ala.
CO.,
I.EHMAN
BRO'S,
New
on Cotton
our corre& Co.
Liverpool, Messrs. H. Newgass
Rosenheim & Sons.
for the purchase or sale of Contracts for Future
&
JETNA
BABCOCK BKOTHERS &
50 Wall Stbekt.
OR-
&
Co.,
136 PEARIi
CO.,
FINLAY, MUIR
dc
NET SURPLUS
No. 2 Cortlandt
JAS. A.
end sold on Commission
tn
&
R. M. Waters
-
Whiting Paper Co.,
New York and Liverpool.
Co.,
COTTON COMMISSION MERCHANTS AND
BANKERS,
'Si
IIOEVOKE, MASS.
North
&
Plated Papers,
Bond Papers*
Robert Murdoch,
'COMMISSION MERCHANT, C.
111 Pearl Street,
•
New
W. &
Farley,
J.
COTTON FACTORS,
t!OMMISSI0N MERCHANTS,
132 Pearl Street,
O Box
3,909.
IN BOTTLES,
made from Imported Saazer Hops and choice
Bohemian Barley, universally acknowledged the
New
York.
Advances made on Conslgaments.
Special personal attention to the purchase and sale
CONTRACTS FOK FUTURE DELIVERY
COTTON^
>« t''
Warranted
climates. Agents wanted in all towns.
Asli your Grocer for Co^irad's Budiceiser.
to keep in
all
54 William
London
Atlantic
&
JAMES
HENRY
E.
COTTOIV RROKERS,
^AVER STREET, NETT YORK.
York.
&
& Globe
PULSFOED, Resident Manager
GEO. W. HOYT,
Asst.
Deputy Manager.
Lyomfnercial
Virginia
Fertilizing Co.
OFFER THEIR STANDARD BRANDS
Union
AND
ALFRED
« ORIENT COMPLETE MANURE,"
And want a good working agent in every thriving
cotton-growing county. Apply (with reference) to
CRENSHAW^,
Ins.
L^o.
(OF LONDO.V),
AiOIONIATED Bone SCPEEPHOSrHAXE OP LatE,
W^. G.
New
W. EATON, Deputy Manager.
Olf
WALTER & KROHN,
St.,
45 William St*
"ORIENT."
i
BLAGDEN,
Insurance Company^
'EPBEKA"
ouient, l.
The
riNANCIAE AGENTS
JP.
BIJDWEISER LACiERBEER,
P.
Liverpool
Sole Proprietors of the " Original Budwelser."
Trademark registered in 18; 7.
Works at
-
Esq.
MANAGERS,
CO.,
LOUIS.
best and healthiest Beer In the world.
H.
ASTOU,
CHA8. E. WHITE, SAM.
CO.,
Branches tn Leadtille, Bitexa Vista and Gunnison City, Col.; Dallas and Hol-ston, Tex.
AND
'
WHITMORE &
:
SOLON HUMPHREYS, Ch't'n.(B. D.Morgan & Co
DAVID DOWS, Esq. (David Dows & Co.)
E. P. FABBKI, Esq. (urexel,Morgan&Co.)
Hon. S. B. CHITTENDEN.
EZRA WHITE, Esq.
Office
CONRAD &
Co.
Ins.
United Stales Board of Management,
BEEKMAN STREET. NEW YORK.
45
ST.
York.
Xiberal advances on consignments of Cotton for
SBalfiinNew York or Liverpool. Especial attention
^ven to Sale and Purchase of Future Contracts,
both in New York and LIVERPOOL, on reasonable
BU^UMS, and profits paid as soon as realized in either
market.
,H.
S.
British
Mercantile
AGENTS:
JAMES
York.
Agent.
OP
J. J.
niiil Record Papers.
Machine ilaiid-91ade Papers.
Antique Parchment Papers.
Bankers' Ledger
BROAD STREET, NEW YORK.
Special attention given to Investment securltle
ALKXANP ER,
NEW FORK
miscellaneous.
bought
92,418,3 70
New
St.,
LONDON AND EDINBURGH.
STREET. NEW^ YORK.
CO.,
CALCUTTA AND BOMBAY.
FUTURE CONTRACTS FOR COTTON
1.658,110
3.000,000
Capital
LIVERPOOL, LONDON ANB GLASGOW.
orders for Merchandise through
$7,076,680
impaid losses and
re-insurance fund
Lialjilltiea fsr
CO..
COTTON BROKERS,
Advances made on Consignments to
Company
Assets July 1,1880
Geo. Copeland
York.
JAMES FINLAY &
Insurance.
Receive consignments of Cotton and other Produce,
and execute ortlers at tiie Exchiinges in Liverpool.
Represented in New York at the office of
Co.,
New
delivery.
OF HARTFORD.
YORK.
COMMISSION MERCHANTS,
17 Water Street, LIVERPOOL,
-COMMISSION MERCHANTS,
Messrs.
Foulke,
Insurance
F.BABCOCK&CO.
B.
GENERAL
Also execute
N.
Walker & Tren-
commission iherchants,
Ml PEARI. STREET,
C J.,
DERS FOR FUTURE CONTRACTS.
"^orkand i,ivorpo3! aad wItmcm made
«nd other produce consigned to ns, or to
:illesiirs.
&
Bennet
Co.. Mobile:
;
NEW YORK.
COTTON BROKERS,
123 PEARIi STREET,
NEW
Nevr York.
St.,
&
Special attention given to the execution of order
Special attention given to the execution of
«<ider« executed at the Cotton Ei^changes In
8 Sootb TVUIlam
son. Galveston; Gardner, Gates
Building,)
Mohr, Hanemann &
EXCHANGE PLACB,
Jlenry Hentz
NK^T YORK*
ST.,
K. T. Wilson & Co., Henry Hentz & Co., Hopkins,
Dwight & Co., Woodward & Stillman, New York.
John Phelps & Co., New Orleans; Moody &Jemi-
Wm. MoHR. CLEMENS Fischer, h. W.Hanemank
Son of J. T Hanemann
late of Knoop, Hanemann & Co
COMMISSION MERCHANTS,
jiondents In
'«ad Messrs L.
bank
YORE.
Special attention given to the Purchase and Sale
of Contracts for future delivery of Cotton also.
execute orders tor Purchase and Sale of Stocks and
Bonds for Southern account.
Cotton AND Factors
40
BBAVER
:
8l)eetal attention given to orders for the purchase
aad sale of Contracts for Future Delivery of Cotton.
ABttMAN, i 5BAHAM &
JCew Orleans, La.
COTTON TRADE.
No. 35
Co.,
COTTON
COTTOM
COMMISSION MERCHANTS,
^COMMISSION MERCHANTS,
Nob. 74 & 76 Wall Street,
No. 123
FOR THE
A. Hardee's Son & Co., Savannah
holm, Charleston.
Aeliverj of cotton.
•
PUBLISHER OF
TELEGRAPHIC CIPHER CODES
REFEItEIfCES:
SECURITY.
liberal advances
A. B. Shepperson,
INMAN,SWANN&Co
COTTON
COMMISSION MERCHANTS,
76 Wall Street,
YORK.
NEW
28, 1880,
Cotton.
Cotton.
Cotton.
SBAMKirS BANK
[August
PELL,
Resident Manager,
Pres't,
Crenshaw Warehouse,
eluuond, Va.
3r
&
39 Wall Street
@FedFRASER