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\1
HUNT'S MERCHANTS* MAGAZINE.
REPRESENTING THE COMMERCIAL AND INDUSTRIAL INTERESTS OP THE UNITED 8TATB4
VOL.
NEW
29.
YORK, AUGUST
Financial.
Financial.
The Nevada Bank
Anversoise,
Antwerp.
Paid-Up Capital,
- -
9,000,000 Francs.
BOARD Of DIRECTORS
Drams
(Mlchlels-Loos).
Job. Dan Fuhkhann, .In. (Jon. Dan.
Lours Weber Kd. Weber A Cle.)
N.
PHELPS,
I
inn)
(<J.
Schmld &
BUSINESS.
Asa
Eddv,
P.
Potter, Prest.
J. J.
Cashier.
ON LONDON.
GOVERNMENT BONDS.
Special attention given to COLLECTIONS, and
prompt remittances made on day of payment.
Boston business paper discounted. Correspondence Invited.
Hatch
BANKERS,
&
No. 13
-FOR-
&
Kennedy
S.
Co.,
No. 63
MISCELLANEOUS SECURITIES.
&
Collect Coupons and Dividends;
negotiate loans and draw bills of
EXCHANGE ON LONDON.
and
tEftUbli*hedlS51.]
No, 45 Wall Street,
Transact a general banking and brokerage busiest) in Railway Shares and Bonds, and Government
ecuritiea.
Sand, Hamilton
&
BANKERS,
13
Charles G. Johnsen,
MERCHANT AND BANKER,
166 GRAVIER STREET,
NEW ORLEANS,
R. T. Wilson
&
Co.,
L.
Grant,
BROADWAY,
NEW YORK.
CITY RAILROAD STOCKS & BONDS
BOUGHT AND 80LD.
See quotations of
C'.ty
Railroads In this paper.
H. W. Rosenbaum,
Exchange Place,
BUYS AND SELLS
RAILROAD BONDS AND STOCKS.
ALL CLASSES OF INVESTMENT AND MIS51
CELLANEOUS SECURITIES NOT ACTIVELY
DEALT IN AT THB NBTW YORK STOCK EXCHANGE A SPECIALTY.
Correspondence solicited and Information cheer-
LA.
Authorized Capital. Paid up and Reserve,
•
Selurman
St.
A Cs).
(6,000,000.
1,100,000.
fully furnished.
P. N.
FRED'K F. LOW,
(«»>,.»«M,™*"t*1GNATX HTKINHART.S"
LIIJKNTHAL, Cashier.
R. A. Lancaster & Co.,
BANKERS AND BROKERS,
66 BROADWAY, NEW YORK,
First-Class Investment
OVKRNMKNT BCnS, STATE.
Securities.
CITY, COUNTY,
RAILROAD 4 MISCELLANEOUS SECURITIES
Bought and Sold on Commission.
Virginia Tax- RecHrabU Coupons Bought.
BANKERS AND COMMISSION MERCHANTS
2 Exchange ('ourt, New York..
WALL STREET, NEW YORK,
Issue Commercial and Travelers 1 Credits available
In all parts of the world. Draw Time and Sight Bills
on the Union Bank of London, and on the Credit
Lyonnals, at Lyons or Paris. Make Cable Transfer*.
A W.
nSAI.BRS IN
COMMERCIAL PAPER NEGOTIATED.
No. 145
Kountze Brothers,
Agents. J.
abloterms.
Co.,
2 Nassau Street,
H.
Interest allowed on deposits.
Investments carefully attended to.
VEW VORK
all
COMMISSION.
Gwynne & Day,
LONDON, Head Office, S Angel Court.
SAN PRANCI »CO Office. 4*2 California
Transact a general banking bnalneas. Issue (
merclal credits and Bills of Exchange, available us
parts of the world. Collections and orders for
Bonds. Stocks, etc., executed upon the most favor*
Equipment of Railroads undertaken.
INVESTMENT SECURITIES.
Special attention to business of country banks.
TUB
(LIMITED).
RIILROAD INVESTMENT SECURITIES;
BANKERS AND BROKERS,
New York.
STOCKS AND BONDS BOUGHT AND SOLD ON
Co.,
PAYNE 4 SMITHS,
UNION BANK OF LONDON,
New York. The B\NKsf NEW YOKK.N.B.A.
Anglo-Californian Bank
bankers and brokers,
1 Wall St., Cor. Now, New York.
A. H. Brown
Agents.
I
do
ds
WILLIAM STREET,
New York,
BUY AND BELL
SMITH,
Bankers, London,
do
BUT AND SELL
GOVERNMENT BONDS, GOLD, STOCKS ADD
I
Commercial and Travelers' Credits available
In any part of the world. Draws Bxchaage, Foreign
and Inland, anl makes Trans era of Money by Telegraph andCable. Gives spec!*] attention to Gold sad
silver Bullion and Specie, and to California CoUeetlona and Securities ; and arranges to pay Dividends
on such securities at due datea.
Hankers ami Merchants,
All business relating to the Construction
Foote,
WALL STREET
CHKlSrKNSKN,
L. BRANDBR.
GEORGE
TRANSACT GENERAL DOMESTIC AND
EIGN BANKING BUSINESS.
BOSTON,
IN
"
S, 500,000
C. T.
But Commercial Paper and Bills or Exchange
Maverick National Bank,
DEALERS
(Invested In
U.S. Bonds)
Issue
J.
A
Surplus,
MAKE CABLE TRANSFERS.
Cle.)
TRANSACTS
GENERAL BANKING
Capital, paid op.... #l0,OO0,O(0 G*ld.
"
BILLS
<
Jules Rautenstbauoh
OP SAN FRANCISCO.
New York Agency, 62 Wall Street
Co.,
JAMES STOKKS,
BANKERS.
«•.«-»•»,
ANSON PHELPS STOKES.
45 WALE. ST., ,Mi« YORK.
DRAW
Fuhrm
&
Phelps, Stokes
I.
Felix Grisab, President.
Alkkrd Maquixay (Graff & Maqulnay), Vice-Pres
J. H. Von rsa Bbcke (B. Von der Hecke).
Otto Gunther (Cornellle-Davld).
Kmii.k de Gottal.
Ad. Frank (Frank, Model & Cle.)
Aug. NoTTBnoiiM (Nottebohm Freres).
Km.
740.
Financial.
Banque
Centrale
NO.
30, 1879.
SOUTHERN 8ECURITIK8 A 8PECIALTT.
loans negotiated.
Interest ali-owed on Deposits.
ty SPECI A L AT rENTION GIVEN TO
PENDING VIRGINIA AND NORTH
CAROLINA STATE BONDS.
Hilmers,McGowan & Co
BROKERS IN
FOREIGN EXCHANGE,
63 Wall.
Street,
(P. O.
BOX
New
York.
2.3*7.)
Special attention paid to the
merclal sills.
negsUauoa of Com
Coleman Benedict & Co.
STOCK AND BC-2-D BROKERS.
92 BROADWAY.
Stocks, Railroad .tomls. Governments, sad all Securities dealt in at the Now York Stock Exchange
bought and sold, either for Investment or on margin,
in lots to suit, on commission only.
Jar. McOoveolsT, Ja.
Coleman Benedict.
Hombor N. Y. Stock and Mining Kxcha-ues.
;
;
:
,
:
THE CHRONICLE
ii
XXIX
Vol.
Foreign Exchange.
Canadian Banks.
Foreign Bankers.
Drexel, Morgan & Co.,
WALL STREET,
Bank of Montreal.
Nederlandsch Indische
Handelsbank,
CORNER OP BROAD, NEW YORK.
Drexel
No.
&
South Titied
34
Drexel, liarjes
Co.,
31
St.,
&
Co
Boulevard Haussmann
Philadelphia.
CAPITAL,
SUBPLUS,
Deposits received subject to Draft. Securities, Gold,
Interest allowed
No*. 59
on Deposits. Foreign Kxchange. Commercial Credits.
all
Circular Letters
parts of the world.
OLD BROAD
ST.,
LONDON.
Brothers
No. 59
WALL
&
ST., N.
Co.,
If.,
dollars for use In the United States and adjacent
countries, and In pounds sterling for use In any part
of
tire
world.
THEY ALSO ISSUE COMMERCIAL CREDITS
MAKE CABLE TRANSFERS OF MONEY BETWEEN THIS COUNTRY AND ENGLAND, AND
DRAW BILLS OF EXCHANGE ON GREAT
BRITAIN AND IRELAND.
& W. SeligmanSc Co.,
J.
BANKERS,
69 EXCHANGE PLACE,
CORNER BROAD STREET. NEW TORE.
Issne Letters of Credit for Travelers,
i
No.
Co.,
No. S Wall Street, New York,
4 Post Office Square, Boston.
CHEQUES AND CABLE TRANSFERS ON
JI1NUOK &
CO., PARIS.
STERLING CHEQUES AND BILLS AT SIXTY
DAYS' SIGHT ON
ALEXANDERS & CO., LONDON.
Cieculab Notes and Credits fob Tsateless.
S.
G.
&
Commercial Credits Issued for use in Europe, China,
Japan, the East and West Indies, and South America.
Demand and Time Bills of Exchange, payable In
London and elsewnere, bought and sold at current
rates; also Cable Transfers.
Demand Drafts on Scotland and Ireland, also on
Canada, British Columbia and San Francisco. Bills
Collected and other Banking Business transacted.
D. A. MacTAVISH, < Agents.
. _.
ntl
WM. LAWSON,
AGENTS FOE
BARING BROTHERS
COMPANY,
NEW YORK.
Jc
52 WALL STREET.
28 STATE STREET, BOSTON.
J.
Stuart
&
J.
NASSAU STREET.
BILLS OF EXCHANGE ON
33
CANADA
MANCHESTER & COUNTY BANK,
"UMITEB;'*
MANCHESTER, PAYABLE IN LONDON
HEAD
LONDON, ENG.-The Clydesdale
NEW YORK—The Bank of
The New
New
ESQ.
Manager.
Banking Comp'y.
sells Sterling
New York Agency, 48 Exchange-place.
JOHN
B.
HARRIS,
Agents.
JR.,
Capital, $1,000,000.
H. S. HOWLAND, President D. «. WILKIE, Cashier
;
OFFICE, TORONTO.
PORT COLBORKE. ST. THOMAS.
INGERSOLL, WELLAND, DCNNV.LLE, FERGUS.
B08AN0.UKT, Salt
&
Co.,
street.
Bask of Montreal,
59 Wall street.
as Lombard
Promptest attention paid to collections payable in
any part of Canada.
Apnroved 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.
Foreign Bankers.
all
ORIENT
Mutual Insurance Co.
As§ets, 31st
Exchange Place.
YORK.
TRUSTEES.
George Mosle,
Edward F. Davison,
Henry DeB. Routh.
SPECIAL PARTNER,
DEUTSCHE BANK, Berlin.
Alex. M. Lawrence,
John D. Dix,
Charles Munzinger,
Walter Watson,
I rnes to G. Fabbri.
Hugh
Auchincloss,
Lawrence Wells,
Henry E. Sprague,
John Welsh, Jr.,
William Pohlmann.
Alexander Hamilton,
Lewis Morris,
Conslantin MeLeias,
Carl L. Recknagel,
W. F. Ca'y, Jr.,
Carl Vietor,
Ramsay Crooks,
Arthur B. Graves,
H. L. Cbas. Renauld,
Chas. F. Zimmermano
Tbeod'-re Fachiri,
C. L.F. RoBe,
Wm.
8.
Wilson,
F. Consinery,
Gustav Schwab,
George H. Morgan,
L. M. Calvocoressi.
EUGENE DTJTILH, President.
ALFRED OGDEN, Vice-President.
CHARLES IRVING,
Handel-Maatschappij,
1834.
Paid-up Capital, 36,000,000 Fiorina.
($14,400,000, Gold )
Execute orders for the purchase or sale of Merchandise Bonds, Stocks, and other securities. In the
United States, Europe and the East make Collections,
buy and Bell Forelun Exchange, and give advances
upon Merchandise for Export. _„„„
up
OLIVER S. CARTER, ) Agents
;
STANTON BLAKE,
HENRY E. HAWLEY,
Credit
principal cities or Europe.
December, 1878,
81,123,270 63.
Secretary.
Assistant Secretary.
Nederlandsche
ESTABLI8ED
BANKEBS,
•n
OFFICE OF THE
E H. R. Lyman,
Henry R. Knnhardt,
:
ST. CATHARINES,
Knoblauch
NEW
MARINE AND INLAND INSURANCE.
Imperial Bank of Canada
OF HOLLAND,
Make Telegraphic Money Transfers.
Draw Bills of Exchange and Issue Letters of
Cash paid at once for the above Securities ; or they
on commission, at eller's option
will be sold
Ex-
The Netherland Trading Society
Lichtenstein,
Stocks
description of foreign banking business undertaken.
EDINBURG, AND BRANCHES
St., eor.
Insurance
change, Cable Transfers, issues Credits available in
NATIONAL BANK OF SCOTLAND,
William
PINE STREET.
A SPECIALTY.
York. N. B. A.
York Agency buys and
Bailey,
S.
7
ANTON METZ,
ALSO,
Securities.
Insurance.
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
BELFAST, IRELAND;
AND ON THE
&
Government Bonds and Investment
Dealings In
OFFICE, MONTREAL.
GEORGE HAGUE, General Manager.
WM. J. INGRAM, Asst. General
BANKERS
ULSTER BANKING COMPANY,
CABLE TRANSFERS AND LETTERS OF CREDIT
Co.,
In addition to a General Banking Business, buy and
sell
E.
|
BANKERS, LONDON;
&
BANKERS,
CEDAR STREET,
62
$5,461,790 Paid Up.
Capital,
Dealers in American Currency and Sterling Exchange.
Ajgentt In New York
Agents in London :
SMITH, PAYNE & SMITH'S,
Gilman, Son
OF
HEAD
Co.,
Adolph Boissevain & Co.
Merchants' Bank
Brahobis
&
CO.,
Agents for Nokth America,
WALL STREET, NEW YORE,
28 STATE STREET, BOSTON.
X
HENRY HAGUE.
G. C. Ward,
ship-
BANKERS
AGENCY OF THE
AND
COMMISSION MERCHANTS
Bank of British
AMSTERDAM, HOLLAND
North America, N. Y. Correspondents.—Messrs. BLAKE BROS. & CO
No. 52 WALL STREET.
JOHN HAMILTON.
Vice-President, JOHN MCLENNAN,
&
54
;
No. 9 BIrchtn Lane.
make advances on
BLAKE BROTHERS &
on and make collections in Chicago and throughout
the Dominion of Canada.
President, the Hon.
John Munroe
AMSTERDAM.
business of a financial character in connection with
the trade with the Dutch East Indies.
1
Payable In any part of Europe, Asia, Africa, Australia
and America.
Draw Bills of Exchange and make telegraphic transfen of money on Europe and California.
000 Guilders
ments of staple merchandise, and transact otbei
;
Office,
IN
Issue commercial credits,
.„„.,.
Agents.
)
sell
London
Issue, against cash deposl ed, or satisfactory guaran.
tee of repayment, Circular Credits for Travelers, In
1883.
>,
Agencies in Batavia, Soerabaya and Samarang.
Correspondents in Padang.
Sterling Exchange, Francs and Cable
grant Commercial and Travelers Credavailable in any part of the world issne drafts
Buy and
Transfers
its,
Brown
Smtthers,
0. F.
HEAD OFFICE
General Manager
Walter Watson,
Attorneys and Agents of
J. 8. JTIOKGAN & CO.,
.7Iow.ru.
No. J2
ANGUS,
12. 00
($4,800,000 Gold.)
NEW YORK OFFICE,
&. 61 WALL STREET.
Travelers,
for
ESTABEISHED IN
President.
R. B.
Ac. Sought and sold on Commission.
AMSTERDAM, HOLLAND,
Paid-Up Capital,
GEORGE STEPHEN,
DOMESTIC AND FOREIGN BANKER8.
available In
•
Paris.
Cable Transfers.
$12,000,000, Cold.
6,500,000, Gold.
-
Nkw
Yoek, January
Office,
1,
\
for
)
America.
1B79.
14* Pearl Street
New
York.
UTUAL
LIFE
COMPANY
IBANCE
OF NEW YORK,
— F.S.WINSTON
PRESIDENT.
PTION OF
POLICIES
ENDOWMENT
AND
LIFE
ONTERMS AS FAVORABLE AS THOSE OF
AMY OTHER COMPANY.
ORGANIZED APRIL IZ™ 1842.
,
ISSUES EVERY APPROVED DESCRI
CASMSEISOYERWOO.OOQ.
C
1
August
:
I
THE CHRONICLE.
30, 1870.
imtiH'iul.
I
liiMiruiicc.
in
iiiitm
I
I;.
Geo. H. Prentiss,
Purchase and
sell, on
OPEN
PAPER
n-iuitahle Securities honght and sold In the
MAKKKT.
LOANS
negotiated.
check.
Insurance
Co.
COM.M KRCI A I.
uti.l
Interest i>uld mi
WILLIAM
THOMAS
DEPOSITS
&
Co.,
New
Tha Trustees,
York, JJS?lry 2L
INDIANAPOLIS, INDIANA,
in conformity to the Charter of ths
Company, submit the following Statement of
on the
Its
December, 1878:
Premiums received on Marine Bisks,
from 1st January, 1873, to 81st Deaffairs
31st
cember, 1878
Premiums on
$4,009,309 47
policies not
marked
off
1st January, 1878
1,848,697 36
Total amount of Marine Premiums.* $5,858,006 83
No policies hftve been issued upon)
Life Risks ; nor upon Fire, disconnected with Marine, Risks
I
Premiums marked
off
from
1st
Janu-
ary, 1878,to 31st December, 1878....,
4,186,0*4 93
Losses paid during the
same period
$2,012,784 45
yantes M.
Drake & Co.
BANKERS,
. .
Bank and otherstocks. $10,086,758 00
Loans secured by Stocks, and other"
wise
701,200 00
JT.
pany, estimated at
Total
^
amount of
certificates of profits will
y
Buy and
Kimball
Sell on Commission,
Margin,
&
Co:,
on and
C
The Outstanding Certificates of the Issue
No.
May
1,
;
de-
on the net earned premiums of the Company,
December, 1878, for which
certificates will be issued on and after Tuesday, the
MUNICIPAL RONDS
BOUGHT
JT.
C.
CHEW,
clared
May next. ^
By order of tic Board,
J H.
.
CTLEY,
:
MISSOURI and ILLINOIS DE-
All klhds of
FAULTED COUNTY BONDS.
price paid for them.
address,
Give
Highest market
full description,
124 N. Third
New York, New England
& Western
and
COQ.UARD,
A.
BANKER AND BROKER,
Louis,
I..
CHAPMAN, Secretary.
A KB SOLD.
39 Broadwav.
WANTED
tor the year ending 31st
6th of
Atchison A Pike's
Chicago A Illinois Eastern RR. Ronds and Stock.
City, County and Town Bonds of Western States.
City of St. Joseph, Mo.. 7 Per Cent Bonds.
Iowa Central Railroad First Mortgage Bonds.
Danville Urbana Bloomlngton & Pekln Bonds.
Indianapolis A St. Louis Railroad Bonds.
St. Louis Vandalla A Terre Haute Railroad Bonds.
Houston A Texas Central Railroad Company Stock.
Port Huron A iJike Michigan Railroad Bonds.
East Lincoln (III.) 10 Per Cent Bonds.
International A Great .Northern Railroad Stock.
St. Joseph A Western Railroad Stock.
New York A Oswego Railroad First Mortgage Bonds.
N. Y. A Oswego Midland RR. Receiver's Certificates.
Utah Southern Railroad First Mortgage Bonds.
St. Louis A South Eastern Railroad Bonds.
31 Pine St., N. V.
WlH- R.
NEW YORK
Texas Bonds.
is
M WALL STREET.
i
STATE, RAILROAD, COUNTY AND
of Thirty per cent,
LEVY A RORG,
WANTED
Peak RR. Bonds and Stock.
Tnesday, the 4th of February next, from which date
all interest thereon will cease.
The certificates to
be produced at the time of payment and cancelled.
,
WANTED
Alabama, South Carolina A Louisiana
State Ronds;
New Orleans Jackson A Gt. Northern.
RIlsslsslppl Central, and Mobile
A Ohio Railroad Bonds
City or New Orleans Honda.
Beers, Jr.,
1879.
street, St.
Rio.
INVESTMENT
Albert E. Hachfield,
NASSAU STREET,
19
Charles Dennis,
W. H. H.
Lewis Curtis,
James Low,
Gordon W. Bornhsm,
Moore,
Charles H. Russell,
David Lane,
Francis Skiddy,
Adolph Lemoyne,
William E. Dodge,
Thomas F. Youngs,
John D. Hewlett,
Charles P. Burdett,
Edmund W.
John
Corlies,
Alexander V. Blake,
Charles H. Marshall,
Robert T. Stuart,
Frederick Chauncey,
William Brycs,
Peter Y. King,
Horace K. Thurber,
William Degroot,
WANTED.
Win. Sturjis,
T.
19
Elliott,
Robert B. Mintura,
George W. Lane,
ist!.
RAILROAD and other CORPORWATER BONDS.
Defaulted Bonds connegotiated.
ATE BONDS
verted Into Interest-paying Investment*. Co upons
"'TEMPORARY LOANS msde to Counties. Towns
SOLD.
Charles D. Leverich,
'
CHARLES DENNIS, Vice-President,
W. H. H. MOORE, 2d Vice-President
RAVEN, $4
YUe-Pissiieat,
^
H. F.
Gilbert
No. 16 Rroad
St.
&
J^SX^JSp^
Co.,
TRANSFER AGENT
^W^cWsT^!?
and
Railroad .Mining and other
(near 'Wall),
T
BANKERS AND STOCK BROKERS.
NEW
YORK STOCK
Stocks bought and sold on the
on ft margin of 3 per ctnt. If desired
Equal attention given to small and large Investments.
Any Information given personally or by mall. First-
EXCHANGE
class references.
Trustees of
MUNICIPAL, DISTRICT SCHOOL, GAS AND
'
Railroad, City, and County Ronds
and stocks
>
William H. Fogg,
Thomas B. Coddlngton,
A. A. Raven,
Benjamin H. Field.
$200,000.
Insurance Companies, Savings Banks. Corporations
and other Investors. Strictly conservative.
on Western
LOANS CAREFULLY PLACED
cent Interest, and
Farm Mortgages, at », 9 and 10 perCincinnati.
Cleveon choice huslness property in
Kanland. Indianapolis. Detroit. Chicago. St. Ixiuls.
sas City and other large Western cities. C«nrent
carefully
Loans
interest collected without charge.
Disced also on Real Estate in the Cities of New
York. Brooklyn, Jersey City Newark, Ac.
Stanton,
BOUGHT AND
-
31 A 33 PINE STREET, NEW YORK.
INVESTED for CapitalMONEY CAREFULLY
Estates. Guardians. Fire and Life
NASSAU STREET,
James G. De Forest,
J D. JONES, President
A. A.
S.
•
BOSTON, PHILADELPHIA AND CHICAGO.
Boston A New York Air Line Preferred Stock.
Toledo Logansport A Burlington Bonds.
Union A Logansport Bonds.
Columbus A Indianapolis I entrul Bonds.
Rome Watertown 4 Ogdensburg Bonds
Indianapolis A Vlncennes Bonds.
New York A Oswego Midland Bonds.
Southern Railroad Bonds.
Josiah O. Low,
Royal Phelps,
C. A Hand,
William H. Webb,
Horace Gray,
Capital Stock
NEW YORK,
Ronds Generally.
3. D. Jones,
CO.
(INCORPORATED.)
BASEMENT,
Deals In Investment Securities and
TRUSTEES:
CO.,
Muin Office, Heno. Washoe County. Nevada.
New York Office, No. 17 Broad Street.
Authorized Agents at New York and Boston for the
sale of a limited amount of stock,
M. A S. STERNHERGER. Bankers.
17 Broad Stroet, New York,
And 52 Devonshire Street, Boston.
NEW STREET.
1
St
EXCHANGE PLACE, NEW YORK.
GOLD A SILVER
GOLDEN FLEECE
MINING COMPANY.
for Cath, or on
of 1875 will be redeemed and paid to the holders
thereof, or their legal representatives, on and after
v
A3
HAS REMOVED TO
after
PROBST
J. D.
BROOKLYN SECURITIES, CITY BONDS,
Gas Stocks, Ac,
be paid to the holders
thereof, or their legal representatives,
A Dividend
MOBILE, ALABAMA.
Ind. Rloomlngton A West., 1st Molt.
Stocks, Bonds, and all Invtitmtnt
Securities, in lots to suit.
N. T.
381,21092
the outstanding
Tuesday, the 4th of February next.
Past-Due Coupons.
THOMAS P. MILLER A CO.,
New York,
4 Exchange Court, Nev) York.
N. Y. Stock Exchange
1,529,259 74
AsserB."^r.."..Ti $13,340,463 16
Six per cent. Interest on
CITY OIT MOBILE
619,031 50
,1
Bills Receivable.
CashinBank
St.,
12 years memtershif in
Real estate and claims due the Com-
Premium Notes and
WAITED:
Mr. J. M. Drake has been a member of the New
York Stock Exchange since 1863. and will give personal attention to all business entrusted to (he firm.
New York
Stock, City,
LOANS
Danville
DREXEL BUILDING,
22
Trail
BANKERS and BROKERS
the following assets, viz.:
United States and State of
<i !• I
t'rb. Bloom. A rekls Is'.
Wabash, 1st, 2d and Consol. Int. scrip.
Chesapeake A Ohio, 1st and 2d Rlort.
BUY and SELL RAILROAD STOCKS and BONDS,
Ronds and Scrip.
U. 8. GOVERNMENT, STATE, CITY, and all other
BOUOUT AND SOLD BY
Negotiable Securities, ON COMMISSION.
AND
21
R.
Returns of Premiums and
Expenses. $859,960 58
The Company has
New
I'ltn
REAL ESTATE SECURITY.
I
Governments and Miscellaneous Securities
bought and sold on commission.
NEW TORK HOUSE: BALTIMORE HOUSE::
Street.
43
21 8outh Street.
H. H. Hollister,
h. H. Holi.istkr,
Robert B. Holmes,
s. H. DtraAN,
Members of New York Stock Exchange.
Hannaman,
1IKI. SAFE AND
Stocks,
1870.
&
Smith
BANKERS AND BROKERS,
II v 1. 1
« mt i:.
NEW YORK AND
ft
Rrooklyn Securities Houchtand Sold
subjoct to
FRANK JENKINS
Hollister
»TOCK
A SPECIALTY.
HATCH,
B.
H. BOUDEN,
H. H.
GAS
Commission, fiOVKHNM KNT.
STATE, MUNICIPAL mid RAILROAD BONDS
and STOCKS, umliill tlnasosor' Hi'rurltlos dealt In
lit the NKW YORK STOCK
K.\< IIANliK, or nil
AT L AN TI
Mutual
BROAD BTRSET.
24
OFFICE OF THE
I
corporations,
for
also
Railroad and other
States Counties. Towns, Cities.
Corporations, and Individuals.
President.
Short,
C.
JOHN
Gso. W. Dsbsvoiss. Vice-President.
W*. P. Watson, Secretary and Treasurer.
:
THE CHRONICLE.
IT
(Vol. xirx.
Financial.
Financial.
To the Holder* of Tennewee State
Fonda end of Mortgage Bonds of
Supreme Court of the United States, holding the
Circntt Courts of the United States for the Sixth
Judicial Circuit, hereby gives public notice of said
appointmentAll persons interested in the matters referred to
in the foregoing order will take notice that for the
purposes of executing the requirements of said
order\ and to enable the holders of bonds, coupons.
liens, or claims of any description, against any of
the above-named railroads In the State of Tennessee, to prove the same, the Master will attend at his
office, in the Guaranty and Indemnity Company's
building, No. 52 Broadway, in the City of New York,
between the hours of 12 M. and 3 P. M., each day
from the 27th day of August, 1879, until the 27th
day of September, 1S79, Inclusive.
As to the mode of making proof, it is required that
either the original bond, coupon, claim, or other evidence of debt Bhall be presented to the Master for
the
Comp*nlc*
Railroad
Several
Named Below.
STATES CIRCUIT COURT, for
UNITED
Sixth Judicial Circuit, Eastern, Middle
the
and
Western Districts of Tennessee.-!^ EQU IT V.Calvin Amory Stevens, Eugene Kelly, John T. Terry
and Peter Geddes, on behalf of the holders of Internal Improvement Bonds of Tennessee, issued to
the Louisville A Nashville Railroad Company,
M»mThe Louisville Nashville & Great Southern
Railroad Company.
Calvin Amory Stevens, Eugene Kelly and Peter
Geddes, on behalf of the holders of Internal Improvement bonds of Tennessee, issued to the Tennessee & Alabama Railroad Company, versus The
Nashville & Decatur Railroad Company and the
Louisville Nashville A Great Southern Railroad
Calvin
Amory
StevenB, Eugene Kelly. John T.
Terry and Peter Geddes, on behalf of the holders of
Internal. Improvement bonds of Tennessee, issued
to the Central Southern Railroad Company, versus
The Nashville & Decatur Railroad Company and the
Louisville Nashville & Great Southern Railroad
*
Company.
.J
.
.
,,
Calvin Amory Stevens, John T. Terry, on behalf
of the holders of Internal Improvement bonds of
Tennessee, issued to the Memphis Clarksville ft
Louisville Railroad Company, vermis The Memphis
Clarksville & Louisville Railroad Company and the
Louisville Nashville A Great Southern Railroad
y
'cafvin Amory StevenB, Eugene Kelly, John T.
Terry and Peter Geddes, on behalf of the holders of
Internal Improvement bondB of Tennessee, issued
to the Memphis ft Ohio Railroad Company, versus
The Louisville Nashville ft Great Southern Railroad
Company.
,,
to
_
Calvin Amory Stevens, Eugene Kelly. John T.
Terry and Peter Geddes, on behalf of the holders of
Internal Improvement bonds of Tennessee, issued
to the East Tennessee ft Virginia Railroad ComSanv, vermis The East Tennessee Virginia ft Georgia
Lailroad
Company.
Calvin Amory Stevens, Eugene Kelly, John T^
Terry and Peter Geddes, on behulf of the holders of
Internal Improvement bonds of Tennessee, issued
to the East Tennessee ft Georgia Railroad Company,
versus The East Tennessee Virginia & Georgia Railroad Company,
_
Calvin Amory Stevens and John T. Terry, on behalf of the holders of Internal Improvement bonds
of Tennessee, issued to the Cincinnati, Cumberland
Gap ft Charleston Railroad Company, versus The
Cincinnati Cumberland Gap ft Charleston Railway
Company, and the East Tennessee Virginia ft Georgia Railroad Company, et al.
Calvin Amory Stevens and John T. Terry, on behalf of the holders of Internal Improvement bonds
of Tennessee, issued to the Knoxville ft Kentucky
Railroad Company, reriu* The Knoxville ft Kentucky Railroad Company, and the Knoxville & Ohio
•
Railroad Company.
Calvin Amory Stevens, Eugene Kelly and John T.
Terry, dnoehalf of the holders of Internal Improvement bonds of Tennessee, issued to the Nashville ft Chattanooga Railroad Company, versus The
Nashville Chattanooga ft St. Louis Railway.
Calvin Amory Stevens and John T. Terry, on behalf of the holders of Internal Improvement bonds
of Tennessee, issued to the Nashville ft Northwestern Railroad Company, versa* The Nashville
Chattanooga & St. Louis Railway, et al.
Calvin Amory Stevens and John T. Terry, on behalf of the holders of Internal Improvement bonds
of Tennessee, issued to the McMinnville ft Manchester Railroad Company, versus The Nashville
Chattanooga ft St. Louis Railway.
Calvin Amory Stevens and John T. Terry, on behalf of the holders of Internal Improvement bonds
of Tennessee, issued to the Winchester ft Alabama
Railroad Company, verxux The Nashville Chattanooga ft St. Louis Railway, et. al.
Calvin Amory Stevens, Eugene Kelly, John T.
Terry and Peter Geddes, on behalf of the holders of
Internal Improvement bonds of Tennessee, issued
to the Memphis ft Charleston Railroad Company,
versus The Memphis & Charleston Railroad Company, and the East Tennessee Virginia ft Georgia
Railroad Company.
At Chambers, before the Honorable William
Strong, Justice of the Supreme Court of the United
States.— These causes having been before me on the
bills, answers, exhibits and the various proceedings
therein, and a motion having been made by complainant's counsel, Edward L. Andrews, Esq., and
George Hoadly, Esq., for the appointment of a
Master and a reference to him to make the necessary inquiries and reports to prepare the causes for
hearing and final decrees.
On consideration of the motion it is ordered, that
William H. De Lancey, eounsellor-at-law, of the
City of New York, be and he is hereby appointed
Special Master for these causes, and is directed to
examine and report the several instruments, mortgages, deeds of trusts, agreements and judgments
which create a charge, lien or encumbrance on the
several railroads and properties mentioned and
described in the bills In these causes.
It is ordered that the said Masterreport the bonds
which are secured by the respective mortgages or
deeds of trust or encumbrances, and the amount
thereof and of the interest due thereon. Also the
Master will report the names of the holders of the
securities which
may be
presented and proved
sum due each holder.
The Master may, by publication in papers pub-
before htm, and the
lished in New York, Baltimore, Philadelphia,Nashville, Louisville, Knoxville, London, Geneva, Frankfort and elsewhere, notify that he Is ready to receive
the proofs of the debts secured by encumbrance, on
the properties of the several companies and the
times within which he will receive such proofs.
The Master shall give notice in writing to the
trustees of the several mortgages of the reference
before him, and the said trustees or any holder of
bonds under any of the mortgages or deeds of trust
or other encumbrances may introduce proofs in
contestation of the claims of any other bondholders
or encumbrances.
The Master is directed to ascertain and report the
railroad estates, rights, properties movable and
immovable, included in the terms and conditions of
the several encumbrances.
The Master may make separate reports to the
Court of the matters submitted, and exceptions
thereto may be filed by the parties to the bill or by
the holders of any claim propounded before him.
(Signed)
August
W. STRONG,
J.
20, 1879.
SPECIAL MASTER'S NOTICE.
To all persons holding statutory or other liens and
charges on Railroads or other property of the above
named Railroad Companies of the i lateeofT
of Tennessee,
The undersigned, special Master appointed by the
above order of Mr. Justice Strong, Justice ox the
83
Baltimore
MATURES APRIL
A LIMITED AMOUNT OF THESE BONDS REMAIN UNSOLD; WE OFFER THEM AT
106« AND ACCRUED INTEREST.
LI)
DOLLAR AND STERLING BONDS,
DUE
Till; HOLDERS OF THR CONTOSOLIDATED
FIRST MORTGAGE BONDS OF
It will be necessary that the Bondholders, on signing the Supplementary Agreement, shall present
their receipts to the UNION TRUST COMPANY,
and have a Btamp placed upon the same, as provided
by the Supplementary Agreement, declaring them
to be subject to it as well as to the original Agree-
ment.
Copies of the Agreement will be found at the
of the UNION TRUST COMPANY, No. 71
* CO., No. 48 Wall St.
Parties residing out of the citv can forward their
Certificates to A. ISELIN ft CO., who will attend to
having them stamped and returned, without charge.
New York, August 22, 1879.
office
Broadway, or of A. ISEL1N
ISELIN, > r
tt
committee.
.
WILSON,
STATES CIRCUIT COURT,
UNITEO
SOUTHERN DISTRICT OF NEW YORK.—In
and others,
defendants.
The sale under the decree made in the above-entitled suit.which has been advertised in this paper once
a week for the fifteen weeks last past, is hereby adjourned to September 26, 1879 the sale to take
place at the Wickham Avenue Depot of the New
York & Oswego Midland Railroad Company, in Middletown, in the County of Orange and State of New
York.
For terms and conditions of sale, reference is
made to the advertisement referred to, or can be
obtained by calling upon the Master at his office,
No. 140 Nassau street (Morse Building), in the City
KENNETH G. WHITE,
Of New York.
Master,
Dated June 28. 1879.
;
ALEXANDER &
GllEEN*.
FOR
1
9
Treasurer.
000 Tons
DELIVERABLE THIS YEAR.
S. JUSTICE,
PHILIP
14 N.
FIFTH
PHILADELPHIA,
78 Broadway, N.
ST.,
CHUB,
The Springfield,
The Itigby,
The Vulcan.
The Las Animas,
and the Phoenix.
Five hundred and thirty-six tons of ore from the
Liberty Mine alone have yielded 71,694 ounces of
Bilver bullion of the gold value of 162,548 66. A
limited amount of stock will be sold at $1 50 per
share. For particulars apply to WILLIAM O. MCDOWELL, Banker and Stock Broker, Room 11, Coal
& Iron Exchange, 17 Courtlandt street, New York.
SOUTHERN NETADA MINING
CO.,
SANTA FE DISTRICT, ESMERALDA CO., NEV.;
MAIN OFFICE, RENO., WASHOE CO.. NEV.
NEW YORK OFFICE, 17 BROAD ST.
Authorized Agents at New York and Boston for the
sale of a limited number of stock,
if anker*,
HI. A; S.
No. 17 Broad Street, New York, and
No. 52 Devonshire Street, Boston.
STEANBERGEtt.
FOB
SALIC:
Indiana Bloom. ft West. R'y (new) lsts and 2ds.
Indiana Bloom. ft West. R'y (new) inc. and stock.
Indianapolis Bloom. ft West. R'y extensions.
Col. ft Indianapolis Central Railway lsts.
St. Louis Vandaiia ft Terre Haute RR. 2ds, guar.
Rochester & State Line Railway lsts.
Chicago ft East. Illinois RR. lsts. Incomes and Stock.
Port Huron ft Lake Michigan RR. lsts.
Missouri Pacific Railway 3ds.
Scioto Valley Railway lsts and Stock.
WANTED:
Stock.
Southern First Mortgage Bonds.
Trust Co., or Downer Certs., N. J. South. 1st M. Bds.
St. Louis Vandaiia ft Terre Haute 2ds, unguar.
Indianapolis ft St. Louis RR. lsts and 2ds.
Milwaukee & Northern Railway lsts.
Columbus ft Indianapolis Central 2ds.
Union & Logansport Railroad lsts.
Toledo Logansport ft Burlinarton Railroad lsts.
Southern Minnesota Construction or Extens'n B'ds.
CHAS. T. WING, corner Wall an \ Broadway.
(With A. M. Kidder ft Co.. Bankers.)
INTEREST ON THE
THE
payable
the
LOWING BONDS
at
is
FOLBanking
House of Messrs. WINSLOW, LANIER & CO., corner of Cedar and Nassau streets, New York City,
on and after September
Columbus, Indiana-
1,
1879
:
Waterworks 8s.
Dayton ft Michigan Railroad Co.—
Second Mortgage 7s,
First Mortgage Depot 7s,
Second Mortgage Depot 7s.
Indianapolis, IndianaSchool House 7s.
Equipment 8s.
Pomeroy, Ohio—
Revenue, Street Improvement.
Richmond. IndianaSecond Funding 8s.
Wapakoneta, OhioPrincipal and Interest.
1
MISSOURI COUNT V BONDS.
Buchanan County, Mo.,
English Steel Rails,
Or A, T.
the
The Potomac,
The Twilight,
The Aerolite,
The Imperial,
The Ivy Green,
First
TO ORDER,
SALE,
^COMPANY OF NEVADA.—
Pittsburg Fort
Aug. 1, 1879-A Dividend of THREE (3) PER CENT
has been declared by this company, payable on the
1st day of September next, to the holders of its
capital stock as registered at 2 P. M. of the 13th
just... after which, and until the 4th September, the
transfer books will be closed.
RANDOLPH,
CO.,
MININtJ
CAV ANTONIO SILVER
Consolidation of
following mines
The Liberty.
City.
OF THE ILLINOIS CENOFFICE
TRAL RAILROAD COMPANY, NEW YORK,
L. V. F.
*
Street.
Wayne & Chicago RR. Co.—
Mortgage 7s,
Second Mortgage 7e,
Complainants' Solicitors,
No. 120 Broadway
New York
Wall
54
West End Railroad
Equity.— Between JOHN G.STEVENS and others,
complainants, and the NEW YORK ft OSWEGO
MIDLAND RAILROAD COMPANY
BLAKE BROTHERS
New Jersey
J
8.
FOR SALE BY
of 17th of May,
was drawn under the supposition that the decision of Judge Harlan would permit the reduction
of the debt to 415,821,000 Seven Per Cent Bonds, to
The Bondholders' Agreement
1879,
last decision.
19
PRINCIPALAJJD INTEREST PAYABLE AT TH« BANK
o» Montreal, in New York or London.
THE COLUMBUS CHICAGO & INDIANA CENTRAL RAILWAY COMPANY:
be made through the instrumentality of the court,
in whose hands the accrued rental would be paid,
and applied by It as far as necessary to effect this
reduction. But, according to Judge Harlan's decision of 6th August, the granting of a decree for
the recovery of the rental is made dependent upon
the reduction of t be debt having first been made.
This will not really change the ultimate result to
the bondholders, but makes tt, however, absolutely
necessary that the Comrqlttee should have at its
disposal the Bonds themselves instead of only the
rental, as provided for in the Agreement of 17th
May, 1879, In order to enable It to conform to Judge
Harlan's last decision.
A supplementary agreement has therefore been
prepared by which the holders of consolidated bonds
authorize the Receivers and the Committee to use
whatever amount of bonds, with their coupons,
which will be required to effect the reduction of the
debt to $15,821,000 Seven Per Cent Bonds, and giving
such further powers in detail as are found requisite
for the working of the scheme under the effects «f
the late decision.
t The parties to the agreement of May 17, 1879, are
requested to sign this supplementary agreement
with as little delay as possible, so as to enable the
committee to make arrangements for providing the
large amount of cash (about $900,000) which will be
required, in addition to the cancellation of a certain
amount of bonds, to comply with Judge Harlan's
CO.
<V
Province of Quebec
FIVE PER CENT
li;
Special Master.
MORGAN
DREXEL,,
Solicitors for Complainant.
R. T.
1910.
1,
INTEREST 6 PER CENT, PAYABLE OCTOBER 1 AND APRIL 1.
George Hoadly,
ADRIAN
Ohio RR.
Loan of 1879, $3,000,000,
26, 1879.
WILLIAM H. DELANCEY,
Edward L. Andrews,
&
1870
6,
SECURED BY MORTGAGE ON THE PARKERSBURG BRANCH RAILROAD.
identification and verification, or where originals
are not presented, satisfactory proof must be made.
In the case of bonds, coupons, or other securities,
the proofs must Bhow the number, amount and date
of issue, and a careful description of each bond,
coupon or security so proved, with the full name
and address of the owner thereof, and in case of
claims or other evidences of debt, certified copies
must be furnished.
Holders of securities on the above-named railroads are further notified that In cases where other
evidence in addition to the proof of claim is requisite to establish their interest in the subject
matter of the litigation, such additional evidence
may be furnished by the security-holder, or his attorney or representative.
August
Financial.
Wall St., New York, Aug.
10's.
Cass County, Mo., 10's.
Cape Girardeau County, Mo., 10*b.
Chariton County, Mo., 8's.
Daviess County, Mo., 7's.
Henry County, Mo., 10*s.
Howard County, Mo.. Charlton Township.
Henry County, Mo., 10's.
Marlon County, Mo., Mason Township.
Morgan County, Mo., 10's.
Pettis County, Mo.. 10's.
St. Clair County, Mo., 10's,
Kails County, Mo., 10's.
Sullivan County, Mo., 7's.
WANTED BY
V TOBKV & KIBE,
4
JUroaa
Street.
fWmcgaD
mam
HUNTS MEaCHANT8' MAGAZ1NK,
Wetlttg
3V
& cms pa per,
REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OF THE UMTED STATES.
VOL.
SATURDAY, AUGUST
29.
C O
NT E N T 8
740.
exception to our remark of last week, that the drain
.
THE CHRONICLE.
the Money Market 299 Latest Monetary and Commercial
213
Railroad Discrimination!" Aga'n... 210
English News
The Aims and friendships of the
Commercial and Miscellaneous
Imperial Powers
News
tl4
2121
The Crops and
NO.
30, 1879.
:
from this cause is not likely to be so large an item in our
bank accounts this year as it used to be. But without
I
j
THE BANKEKS' GAZETTE.
Money Market,
U.
S.
Securities,
I
Railway Stocks, Gold Market
Foreign Exchange, N. Y. City
216
Banks, etc...
|
Bonds
287
227
242
Breadstuff s
|
218
Investments, and State, City and
Corporation Finances
224
THE COMMERCIAL
Commercial Epitome
Cotton
ment now. For these
General Quotations of Stocks and
I
TIMES.
Dry Goods
I
m ports,
stopping at present to discuss that point, it is sufficient,
in this cennection, to know that there is do such move-
883
it
$he Chronicle.
a measure
day morning, with
the latest
newt up
TERMS OF SUBSCRIPTION-PAYABLE
IN
ADVANCES
For One Year, (including postage)
do
For Six Months
Annual subscription in London (Including postage)
<u>
do
Six mos.
do
$10
20.
6 10.
£2
6s.
7s.
Subscnptions will be continued until ordered stopped by a written order, or
at the publication office. The Publishers cannot be responsible lor Remittances
unless made by Drafts or P.st-Office Money Orders.
London
The London
Street,
office of the
where subscriptions
1
Office.
Chronicle
will
1b at No. S Anstin Friars, Old Broad
be taken at the prices above named.
Ad vertlaements.
Transient advertisements are published at 25 cents per line for each insertion,
but when definite orders are given for five, or more, insertions, a liberal discount is made. Special Notices in Banking and Financial cclumn 60 cents per
line, each insertion.
WILLIAM
JOHN
Q.
B. dana,
Floyd, jr.
A
I
f
WILLIAM
79
&
B.
81
DANA &
Wuiiam
CO., Publishers,
Street,
NEW
YORK.
Post Officb Box 4502.
At
the same lime
we must not
ry
neat file-cover
Volumes bound
THE CROPS AND THE MONEY MARKET.
The money market has continued
cided stringency during the week.
to
That
work with
is,
7
the
in the loan
market
main
lose sight of the
seem
to preclude
until such lime, after
of October, as the Treasury balance shall begin to
first
Two
decline.
that date.
adverse influences will be at work up to
The
first
of these
per cents out of the Treasury
taken up
—into our
is
a constant flow of 4
— as they are paid for
and
be carried by the banks.
We have often explained, and our readers well understand, that these bonds are now really carried l>y the
bank-*, to
and the subscribers expect to di-pose of
them as they take them up. The low prices at which
the bonds now rule, largely prevent sales, and consequently they go into the banks and increase the bank
Treasury,
loans.
This has been a fruitful source of the activity in
the loan market up to this time, and must continue to
is furnished at 50 cents; postage on the same is 18
for sabscribers at $1 80.
For a complete set of the Commercial and Financial Chronicle—
July, 1805. to date— or of Hont's Merchants' Magazine, 1839 to 1871, inquire
at the office.
^sT~
cents.
in
unless
interfered with.
any great ease
Saturto midnight of Friday.
if
the free action of the market had been
features of the present condition, which
Thb Commercial and Financial Chronicle it ittued m
would seem as
this,
HA
Exports and Receipts. ...
reasons, then,
greater relief should have developed before
de-
per cent
has ruled in general, though near the close of bank hours
loans have been made and offerings have been large
under that rate, some days very considerably under it.
The last two days there has been a little better feeling
and a somewhat freer movement.
An opinion prevails that this continued stringent condition is due to artificial causes. It would certainly seem
as if, in some small degree, we should have to accept
that explanation. The Government currency balance in
the Snb-Treasury on Wednesday, Aug. 13, was 47 millions; since then it has decreased and is now about 43£
millions.
During this week there bad been a decline of
about one million dollars up to Friday morning, proving
that since Mr. Sherman's order of the 13th instant,
Government movements have been in the direction
of easier rates, and cannot therefore have caused
renewed activity. Nor do we find any considerable currency going West or South on crop account, though
many think it will be very heavy later on and take
same direction until the last bond comes out
and is provided for. Of course there are sales constantly
being made, and all of these securities will gradually be
absorbed by banks as a basis for currency issues, or by
private investors; but in the meantime they remain on
the market and figure in bank loans. An evidence of
the very largo temporary increase in the demand for
loans on Government bonds is seen in the fact that, of
late, advances on 4 per cents cannot be obtained at much
better rates than on other first-class securities.
Another fact which hangs over the money market is
the doubt as to the final balance of currency which the
Government will hold October 1, in reserve for called
bonds not presented. One can easily believe that, after
act in the
so
many
calls
and such large conversions of securities
considerable residuum of
so widely scattered, a very
unpresented bonds might remain over for months. At
when it is so difficult to make
new investments, holders perhaps reason that their
balance is as well, and certainly as safe, left with the
Government without interest as lying idle in a bank.
a time like the present,
Some investors, too, are
money is secure where it
invariably slow,
when
their
they think more of the
safety of the principal than of the interest account.
But whatever the motive, whether it is the one we have
suggested or some other, the important fact remains,
is;
—
THE CHRONICLE.
210
fVoL.
XXIX.
The West has large
that the day when interest was stopped, on even the last than is generally anticipated ?
balances
here
and
knowing
large
now,
they
will not be wanted,
and
yet
since,
month
than
a
call, passed more
lias, during the past two weeks, been loaning them out
quesThe
unpresented.
still
bonds
are
these
amounts of
tion then returns, how much of a balance uncalled for at 90 days at 6 per cent on governments.
With, then, no large drain to the interior to fear, the
will the Secretary have on the first of October when he
has closed up with the banks, that is, how large an incoming gold from Europe should relieve us from
amount will then be temporarily locked up in the Sub- anxiety with regard to the future of the money market.
can get no information which satisfies The present prospect is that these imports will be very
Treasury ?
us on this point, and can only suggest whether, in the large. Up to this time they have been mainly in double
We
nature of things,
it
does not appear as if a considerable
over, to be gradually run out
balance would be held
after that date.
But granting this, there seems to us, under existing
circumstances, no real cause for anxiety; and we think
none would anywhere be felt, even among the more
conservative classes, were it not for the drain which is
feared will at the same time set in for moving the crops.
upon
stamp on them, all of
which go at once to increase our currency, as in those
forms the gold can be counted in the reserves. There
have also been some considerable receipts of Spanish
doubloons, which can be disposed of to the Government
at their bullion value and checks obtained for the full
amount. In fact, for all these gold imports the Govern-
eagles and in bars, with our mint
ment
will pay,
move amount
on deposit in the mint, within a small
of their value, so that each arrival virtually and
is certain that we are going to be called
a considerably larger value in produce than we did a year immediately adds a corresponding sum to the available
ago. The argument, therefore, of those who fear the currency, if the market is in a condition to need
therefore considered desirable to
is
and it
drain of currency for that work, is, that the banks last it
This week
another cable dethe turn.
fall lost heavily in lawful money, and for a greater make
It
announced a shipment of United States
repeat
bonds from London in place of specie.
The truth is that nearly all that the what we said last week that there is only an appearance
money last fall is found represented of truth in the statement. Called bonds are coming
of balances in the Treasury. The over from time to time, as they can be gathered in, 4
the Treasurer shows the following per cents having taken their place. They have no con-
movement now they ought
to lose
statement needs qualification,
tainly
is
erroneous.
to
for,
more
as
it
This
heavily.
stands,
banks lost in lawful
by an accumulation
monthly report of
facts as to gold and legal-tenders on hand the
each month.
it
1st of
TREASURY BALANCES.
1878.
July 1
Oct. 1
Nov. 1
On
Gold.
Legal Tenders.
Total.
$128,460,202
132.014,619
134,548,036
136,036,302
140,872,154
$62,020,120
67,105,859
68,348,825
63,049,339
64,175,605
$190,480,322
199,120,478
202,896,861
199,085,641
205,047,759
the 6th of July the banks reported $20,420,000
and $53,606,300 legal tenders, or a total of $74,At no time during the fall was the total of
these two items reported by them at less than 56 millions, and that figure was reached only for two weeks,
which would be a loss of 18 millions; whereas in the
Treasury we have a gain of 15 millions during the same
specie
936,300.
period.
spatch has
We
cer-
nection with the produce shipments from this side, and
We
have no doubt that
have been long since paid for.
every effort will be made to check the movement of gold,
and these newspaper extracts, cabled over, are evidence
of
how
seriously the expected drain
is
there does not appear to be any prospect
preventing
viewed.
at
Still,
present of
it.
These facts seem to point to the conclusion that
although we may anticipate a close market until after
the first of October, there is no good reason for anxiety;
and after the Government balances are all settled, and
the gradual letting out of the amount in the SubTreasury has begun in payment of the bonds as they
come in te be redeemed, there should be a return to
much lower rates.
Clearly, that comparison does not admit of a very
heavy drain to move the crops. Furthermore, the lowRAILROAD DISCRIMINATIONS AGAIN.
est figures of the banks were in October, just after the
failure of the City of Glasgow Bank and the excitement
A month ago, during the not unwelcome breathing
which followed in England and in New York. Those spell between the adjournment of the legislative comunfavorable returns, therefore, were not the result of a mittee and their meeting in Saratoga, we presented some
demand for the crops, but probably in great part of considerations which are too lightly regarded by those
withdrawals from bank through fear of large gold ship- who condemn the railroads for practicing discriminaments to London and through fear of the effect of such tions in rates. The committee has now again entered
shipments. In a word, then, does it not appear that upon its work, and apparently with a new zest, under
extremely little currency could have left New York last the invigorating influence of Saratoga waters. Before
fall to move the crops
a very few millions at the most, however noticing the newer features of the examinaand it came quickly back.
tion, let us briefly recall the points we previously
But it will be said that the produce to be moved is discussed.
much greater this year. We admit it. Remember,
And in the first place, in connection with the charge
however, that the East has sold the West and South that the rates for freight are not uniform, should we not
this fall at least three dollars in value to one during the remember that there is no
possible middle course
same time in 1878.
Those goods are to be used to between a rate of so much per mile for distance run,
move the crops. The country storekeeper buys the inflexibly uniform to all shippers and in all circumgrain and sells supplies; so the little currency that is stances, and a flexible practice whioh permits the special
needed in these transactions makes a quick return to the contracts and differences complained of.
Those differAnd except at first hands, checks and ences may or may not be intrinsically indefensible, but
local bank.
drafts take the place bank bills formerly filled. We do no attempt has been made to impeach them as such. If
not mean that no calls will be made upon New York they are arraigned, however, not because alleged to
for this purpose, but do not the facts we have given be unjust in terms, not because they have no right to
indicate that such calls will aggregate very much less exist at all, then those who criticise the roads are shut
—
J
Acocst
THE CHRONICLE
30, 1879.
211
the proposition that have no real bearing on the reorganized road in iu posi"
their stand on
always
to be uniform, based upon tion as a freight carrier now.
The existence of specialAs opposing this rule, we made three rate contracts; with whom made and for what reason;
distance run.
That, as cars earn money only while in the cost of hauling freight and the basis upon which
points
motion, a through car on a long run is subject to much rates are computed; the combinations between roads
up
taking
to
ought
rates
:
lighter charges, other than the
mere physical
and other points of inquiry which have been
brought up, although loaded with a great number of
oost of
these
than another oar is which makes a
length, but in several links;
aggregate
equal
run of
hence that through travel may pay better than way,
although at lower rates; or, to state it in another man-
hauling
it
in a train,
irrelevant questions,
go
marrow
to the
of the subject;
but the turn the inquiry has been taking lately, concerning the English relationships and complications of
Erie, is not pertinent.
Whether personal aims influ-
ner, that the cost of hauling a ton of freight one mile,
ence this turn and, if so, how far, it is not incumbent to
one point, and, if consider here; it is objection enough that all this is both
well taken, it proves a uniform rule 'for all persons and irrelevant and confusing. It is more. It is exposed to the
places to be impracticable. Second, there are some com- imputation, which will inevitably attach to it, of being
petitive advantages given by water routes, as in case of suggested by motives which are improper at least in the
a river town which also has a railroad communication. sense that they are not in the line of the investigation.
It is impossible to deny that there may be grounds for
Here the river makes the discrimination between the
river town and the inland one; the railroad does not such suspicion, when we reflect how vast and conflicting
make this difference, nor can it alter it; the railroad, in the interests involved are, how difficult it may be toorder to get a share of the traffic, simply puts its rates trace the influences which may be affecting a certain
down to meet the river rate. This fact of the Unavoid- course in public matters, and how convenient a legislative-
although readily averaged,
varies with
is
circumstances.
not a definite quantity, but
This
is
able competition by natural transportation routes again,
powers of a court,,
might be to the hands of influential parties, if there are
roads do business for some persons at less rates than for any, who have ends of their own to further. It is at
others is nowise worse than the invariable practice of us least possible that such parties, having such motives,
interferes with the uniformity rule.
all
in
Thirdly, that
allowing concessions to large purchasers
precisely the
same
thing.
The
favoritism, but a charge that
railroad
it is
so
is
may be
—
inquiry, vested with the inquisitorial
rail-
it
is
guilty of
a thing to be put
exist;
it is
positively certain, at least, that the imputation
The sign that such ulterior
working, and the occasion for surmising
when an inquiry begins to be diverted; hence the
of such motives will arise.
purposes
may be
is a very different thing from asserting a
it, is
which requires large and small customers to be propriety of confining examination, strictly and unquestionably, to its legitimate lines.
But this one is not so
treated alike.
The investigation, of late, is taking action which confined. Doubtless, when the gentleman conducting
does not give reasonable promise of practical usefulness. the examination gets a prominent party on the witness
In the first place, there is quite too much of it and it is stand the temptation is almost irresistible to magnify
too protracted. The proceedings of the first ten days his own position, and use the opportunity to ramble off
alone make an unfinished pamphlet of 71 7 printed pages. in a general fishing excursion for all sorts of informaThis inquiry seems no exception to the rule.
Whatever pertinent facts are discovered will be in danger tion.
It is ostensibly made by a legislative committee, but
of burial, in the mass of verbiage, and the jury to-wit
the public outside of railroad men and shippers to very little of the committee appears in it ; we
•whose intelligent opinion the removal of whatever abuses see, instead, only the estimable professional gentleare shown to exist must be committed, will grow man who is pushing the matter, or, in the words
wearied of following for months a proceeding which of the chairman of the first meeting, " who has charge
These divergencies are them- of it." It is in this way that so many legislative comis so full of divergencies.
selves an objection of a more positive sort.
The Assem- missions in this country fail to do any good, or to find
bly resolution under which the committee are acting anything valuable which was not already notorious. la
provided that a committee of five persons (four more the phrase of the day, they are run into the ground.
•were added subsequently) be appointed, with the usual They ramble all around and all away from the matter in
committee powers, " whose duty it shall be to investi- hand the questioner takes the opportunity to ask the
" gate the abuses alleged to exist in the management witness not only about the subject to be investigated,
" of the railroads chartered by this State, and to inquire but about any other subject in which he takes an inter" into and report concerning their powers, contracts, and est ; people who have axes to grind try to seize the
" obligations; said committee to take testimony in the investigation, and not always without success ; and by
" City of New York, and such other places as they may not sticking to the straight line of inquiry, and study" deem necessary, and to report to the Legislature either at ing to be compact, the result is mnally a great mass
" the present or the next session, by bill.or otherwise, what, of so-called testimony which neither enlightens, nor
to proof, and
rule
—
:
—
;
"
if any, legislation is necessary to protect and extend
" the commercial and industrial interests of the State.'
quote this because, while it outlines a liberal breadth
We
of inquiry,
it
also
alleged to exist"
is
indicates
a restriction.
"Abuses
the phrase, not "to have existed";
the "powers, contracts, and obligations" mentioned, also
refer to present time, and give no warrant for raking
convinces, nor has
The
any
influence.
object of this inquiry
resolution authorizing
commercial
and
it
is
—" to
industrial
expressly defined in the
protect and extend the
interests
of
the
State."
the inquiry, no matter how, is used to practically embarrass the roads of the State, it will be perverted, and will be for the advantage of their competiSurely,
if
The rivalry is really not more between railover the dead past. It is easy to see that an investiga- tors.
roads
road,
than
between the commercial cities which they
Susquehanna
tion of, say, the attempt to seize the
Yet it is
be
represent
and
to which they are wedded.
might
chapters
of
Erie
struggle,
of
the
old
or of any
New York
interesting in its way, but it would have no pertinency questionable whether the Central represents
Baltimore roads repto the transportation question to-day ; similarly, attempts as fully as the Pennsylvania and
this is the most real
to sift the more recent transactions in the administration resent Philadelphia and Baltimore;
THE CHRONICLE.
212
grievance against the former, but this is the one on
which the least stress has been laid during this inquiry.
For example, coffee is worth 3 cents per 100 lbs. more in
Baltimore than in New York, because it is carried, as
fourth-class freight, at Baltimore for Chicago, at 3 cents
per 100 lbs. less than from New York to Chicago;
hence, the importer who finds he can get goods to the
|
Vol.
XXIX
empire of the Ilapsburgs was virtually ruled by the
Hungarian Magyars, the Magyars hated the Slavs, and
they were hated as well as dreaded by the Slavs in
return
it was natural enough, therefore, for Russia to
conclude that the Hungarians who were in possession of
the Government, and who were jealous of the Slavic
element ar d fearful of the increase of its authority,
;
them at would oppose the occupation of Bosnia and Herzemer- govina. Russia, however, was deceived in this expectaour
Yoik.
What
that port instead of New
chants have a clear right to insist upon in this matter is tion. The occupation of the provinces which, if the
that the natural advantages of New York shall not be present plans are carried out, will ultimately become
sacrificed or be endangered to meet any phases or part and parcel of the dominion of the Ilapsburgs,
seeming requirements of railroad competition. To the was never popular among the Hungarians; but it is cerrecognition of this the transportation problem must tain that the Austro-Hungarian Premier, himself a Magyar, has successfully, so far at least, accomplished the
ultimately come.
task assigned him at Berlin, and that the annexaFRIENDSHIPS OF THE
THE AIMS
tion would place the Magyars in a decided minIMPERIAL POWERS.
ority, and make the Emperor less dependent upon
There has been a rumor for some time that the friendly their support. There are but 5,000,000 of Magyars in
relations between Russia and Austria and also between the empire which already, without the populations of
Russia and Germany had been seriously disturbed. Bosnia and Herzegovina, comprises over 14,000,000
West
at a lower figure through Baltimore enters
AND
That rumor has now taken a more substantial shape, of Slavs. It is also a significant fact that the Slavs,
and various recent dispatches leave us in no doubt that including the Czechs of Bohemia, who have hitherto
while Germany and Austria seem to have a common taken no active part in the affairs of government, have
understanding, their relations with Russia, at the present already been bes'irring themselves, and taking an
moment, are other than friendly. In the same connec- interest in politics. In the next parliament it is contion the resigr.ation of the Count Andrassy, chancellor fidently expected that the entire Bohemian delegation
It is this state of things more than any
for the last eight years', and the announcement that the will be present.
Count will, on the occasion of his interview with Prince other which accounts for the resignation of Count
Bismarck, assure the latter that the policy on which Andrassy. lo-the policy which he has inaugurated, and
Austria has entered will not be affected by his retire- which is certain to be maintained, he now finds himself
ment, but that in case of need the friendship of Germany opposed to his own countrymen. Furthermore, it is
and Austria will be proved by deeds, are important and now seen also by the Russian Government that by the
treaty of Berlin they have unconsciously assisted in the
suggestive.
The
to be found in the
creation of a rival Slavonic empire which, in the future,
which a certain sec- will dispute with them the right to the territory south of
It was pro- the Danube.
Austrian extension east means a check to
tion of that treaty has been carried out.
vided by Article 23 that the provinces of Bosnia and Russian extension south.
It remains to be explained why it is that while Russia
Herzegovina should be occupied and administered by
Austria-Hungary. It was distinctly stated, however, is pained and irritated by this policy of Austria, Gerthat the Government of Austria-Hungary did not wish many is not only well pleased, but willing and even
to charge itself with the administration of the Sandjak resolved to aid in securing for it final and complete
of Novi-Bazir, tl at the Turkish administration should success. Austria, like Turkey, is composed of a hetercontinue in force i.i that district, but that Austria- ogeneous population. There are the Germans of the two
true origin of this difficulty
Berlin treaty, and in the
Hungary reserved
should
to
manner
itself
arise, to establish
is
in
the right,
if
the necessity
garrisons and to maintain mili-
tary and commercial routes over the whole extent of
Austrian provinces; there are the Italians of the Tyrol;
there
are
the Czechs of Bohemia, and the Slavs
Carinthia, Croatia, Goricia,
and South
Styria, of
of
North-
Hungary and Dalmatia; there are also the Magyars
Hungary. In this age, when so much is being made
effect Jto the treaty of Berlin, by insuring the mainte- of race and nationality, it is inevitable that there shall
nance of the new political condition as well as freedom be something like a breaking up of this mass which is
and security of communication, it was necessary to take wanting in the essential elements of coherence. It is
advantage of the rights received by the treaty, to occupy only natural that the Italian element of Austria should
the extreme southeast corner of Bosnia. The attempt to gravitate towards Italy; it is natural that the German
occupy has not yet been wholly successful.
It is, elements of Austria should gravitate towards Germany;
however, resolutely determined upon; and there can be and it is equally natural that, to preserve itself from
no doubt that, early next year, unless war should mean- utter extinction, the empire of Hapsburg-Lorraine should
while break out between Austria and Russia, Novi- change its base, and seek to extend and perpetuate its
Bazar and the entire surrounding country will be in power in other directions. This is precisely the situapossession of Austrian troops, if not governed also by tion.
Leaving the Tyrol question for the present
Austrian officials.
entirely aside, Bismarck is impatient to crown the edifice
glance at the map will reveal at once the great of German unity. He wants the German-speaking provimportance of Novi-Bazar to the governing power in inces of Austria.
This has been his policy since
Bosnia. It is the great point of communication between Sadowa. He has no wish, however, to see Austria cripBosnia and Turkey and it is the commanding position pled, far less annihilated. He is willing to assist her in
as against Montenegro on the one hand, Servia on the her Eastern policy
the more willing that the
all
other, and Turkey on the south-east.
Evidently Russia success of that policy, while it will act as a check to
did not expect that Austria-Hungary would be able so Russian extension in Europe, will, at the same time, lead
easily to carry out her part of the programme.
The to the consummation of his own long-cherished plans.
that part of the ancient Vilayet of Bosnia.
It
was soon
discovered that the necessity existed, and that to give
east
of
A
;
—
.
August
.
THE CHRONICLE
30, 187U.J
Germany
Austria, with
Bismarck on her
side,
at her back,
is
but
little
and such a man
as
likely to halt or hesi-
2i3
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,
It remains to
and the Bankers' Clearing House Return, compared with the
be seen how events will shape themselves. War is not three previous years
a necessary factor in the case.
1879.
1878.
1870.
1877.
work she has undertaken.
peculiar situation at the present moment.
tate
the
in
This
is
the
sols,
:
Rate.
Aug. 12 Short.
1208
Clearing-House return 78,752,000
26'47>fi»28-32 1fl Aug. 12 Short.
25-34
25-31
AT LONDON AND ON LONDON
AT LATEST DATES.
Auotwr
KXCHANGE ON LONDON.
15.
Latest,
Rate.
Date.
Short. 12-H« ai2-2'4
3 us. 1231a a>12-4
1
1
H:mmIm:;
Berlin
.
.
•20-61
«20*60
20-62
20-62
9020-66
B-20-66
Leipzig
8t,Petersb'rg
2062 ®20-66
24%®24 '8
Copenhagen
Vienna
Madrid
18-48
11-85
Calcutta
....
Hong Kong
30 days
Is. 8d.
Is. 8d.
.
Shanghai
I
is.
25fe
Aug. 12 3 inos.
Aug. 12
116(10
47-40
Aug.
Aug.
Aug.
Aug.
Aug.
Aug.
Aug.
Aug.
5)28-45
Constan'plc..
....
00-02
2
fl.
.
0*jd.
.
|
>.
'.11.*,
45s. lOd.
Hlj.il.
''I'l.
86,136,000 97,909.000
95.0O8.OOO
6»,«<1.
10*d.
lOd.
'."hI.
The demand for gold for export has been upon a very moderand there has been some accumulation at the Bank.
The silver market has been decidedly Arm, and fine bars are
now worth 51 %d. per ounce. Mexican dollars are worth 50}6d.
1 1
ii
per ounce.
There has been a better demand for the means of remittance
to the East, and the India Council bills were disposed of on
Wednesday at better prices than had been expected, vii., at
Is. 7 15-16d., against Is. 7%d. in the previous week.
®52i4
.
Bombay
Mid. Upland cotton
No. 40 mule twist
20-52
Aug. 12 Short.
Aug. 12 3
York...
Alexandria
31,005,976
ate scale,
a.18'53
®ll-90
46%a47
90 days
52
3 mos. 28-35
Genoa
Now
,
465sa40'78
Cadiz
Lisbon
28.614.306
15,450.133
13.967,800
21,018,400
1
Short. 25-27 12325-3712 Aug. 12
3 iiios. 25-42i2 a25-47'a
Frankfort
B, 1110.302
-
Time.
Paris
Paris
28,050.344
.
.
EXCHANGE AT LONDON-
.
£
Time.
ItATE§~bF" EXCHANGE
AmKterdam
Amsterdam
Antwerp
£
28.100.407 2», 887,783
3,534,304
4,604.030
21,000,831 22,462.403
(liivinim't securities. 16,802.194 14.967,178 14.990,554
Other securities
17,138,716 18.960.419 18,271.813
Ros've of note* & coin 21,156,638,
8,912,704 12,060,017
Coin and bullion in
both departments
33,403,618 21,083,219 25,006,877
Proportion of reserve
56-98
to liabilities
35-80
440O
Bank rate
2 p. e.
5
C
2 p. c.
Consols
9712
05
93
Kng. wheat, av. price.
49s. 7d.
44s. Id.
05s. 8d.
ptonctarijg©0mmcrctalgtt0lisTt|lewrs
On-
*
Circulation, Including
t,
bank post bills
29,589,431
Public deposits
5.52 1 ,068
Other deposits
31,296,820
From our own
12
12
12
12
14
14
12
12
2790
Short.
60 days
4-82ia
3 mos.
96 Ha
139-43
83i 6 d.©l
83 16 d.®l
3s. 8%d.
6 mos.
•1
miis.
8 J4
8\i
6 mos.
correspondent.]
London, Saturday, August 16, 1879.
The weather has been very favorable for the growing crops,
and in a few early localities harvest-work has been commenced.
.In about a week, with a continuance of the present brilliant
weather, the reaping of cereals will be pretty general, and if the
remaining weeks of summer and the early autumn should be
The public sales of colonial wool were commenced on TuesThe arrivals have been large, viz., 332,045 bales. There
has been a fair degree of animation in the demand, and the
quotations have ruled firm.
The following are the current rates of discount at the prinday.
cipal foreign
markets
Bank
rate.
Pr. ct.
Paris
Brussels
Amsterdam
2
2ia
313
Hamburg
4
4
dry, the result of the harvest will not be altogether unsatis-
Frankfort
4
Leipzig
There will not be average crops of cereals, but it is
nevertheless remarkable how well they have withstood the
boisterous and inclement weather of spring and early summerThe appearance of the wheat plant is, in many places, very
satisfactory; but the ears are deficient, and it is expected that
when the produce undergoes the process of threshing there
will be some disappointment.
Barley will be a poor crop, but
oats promise to yield abundantly. A large quantity of hay has
been carted and stacked during the last week; the pastures are
luxuriant, and the root crops promise well. The position has
therefore, improved considerably, and a more cheerful feeling
prevails throughout the country. Business has not been
active, but there is more confidence, and in the iron trade
Genoa
Geneva
4
4
factory.
especially there has been a return of animation. This is largely
due to the faot that the trade in the United States is reported
Berlin
3
:
Open
Bank
market.
Open
market.
rate.
Pr. ct.
Pr. ct.
lijail^ St. Petersburg ...
2%a>238 Vienna & Trieate.
3i8®33s Madrid, Cadiz &
Barcelona
2 -6*214
2ifl»2% Lisbon & Oporto.
2
New York
2i«®2i2 Calcutta
3 ®3ia Copenhagen
4
3
Pr. ct.
5is»6
6
4is
4%»43s
4
5
4
5
«5
96
4
»4ifl
6
a
i
'-
The gentlemen who have consented to serve on the Royal
Commission on Agriculture have already had a preliminary
meeting. It is intended that a complete inquiry into the agricultural condition and prospects of the country shall be made
by means of sub-commissions. Four of these sub-commissions
will be set to work in England, two in Ireland, and one or more
in Scotland.
It is also expected that two will be dispatched to
the United States.
Subscriptions are invited by the Atlantic & Great Western
Railroad Company for $2,500,000 in trustees* certificates, bearing six per cent interest, to redeem certain securities, pay off
certain debts,
and generally to remove the
incubus of receivership.
each, and the issue price
The bonds are
line
from the
of 500 dollars (£100)
is 90, payable five per cent on applicato be more animated, and the general condition of business is
such as to afford encouragement for the future. The autumn tion, 10 per cent on allotment, 20 per cent on the 15th October*
trade in this country certainly promises to yield more satisfac- 25 per cent on the 15th December, and 30 per cent on 15th
tory results than for some years past, hopes being entertained January.
The proceeds of the present issne will be specially deposited in the
that we have seen the worst of the protracted depression.
hands of the trustees, under a deed of trust securing the application of
This week's Bank return shows that the demand for money the money only for the purposes named in the present prospectus. The
£500,000 certificates now issued will be exchangeable as soon as prachas recently been upon a very limited scale. There is a falling ticable after the formation of the new company for Prior Lieu Bonds of
first charge upon
off of £330,669 in the total of " other securities," reducing them that company, the security for which will be: 1. A
the property and road of the Atlantlo <fe Great Western Railroad Comto £17,138,716, and comparing with £18,9C0,419 last year. The pany Bituate in the State of New York. 2. A first charge upon the
total reserve is
£21,156,638, against £8,912,764; and the
stock of bullion is £35,403,618, against £21,683,219 in 1878. The
proportion of reserve to liabilities is 56'98 per cent, against 55 89
per cent last week, and only 35"80 per cent last year.
-
There has been a fair demand for money during the week,
but there is a large supply seeking employment, and the rates
of discount remain easy at about ye per cent per annum for
three months' bills. Short loans on Government security are
obtainable at
to
per cent. The present quotations for
%
money
Bank
%
are as follows:
rate.
Open-market
D-mark
rates—
30 and 60 days'
days bills.
3 months' bills
Great Western Railroad Compauy
property and road of the Atlantic
first charge upon 141-388
situate in the State of Pennsylvania. 3.
parts of the valuable lease of the Cleveland .t Mahoning Railroad. 4.
A second charge upon the property and road of the Atlantlo & Great
Western Railroad Company situate in the State of Ohio, and upon 247Mahoning lease. As soon as tho Ohio
388 parts of the Cleveland
mortgage sha'l have been extinguished, the Prior Lien Bonds will become
a first charge on the entire property and the whole of the Cleveland <fc
Mahoning lease. The length of the line, situate in tho States of New
York and Pennsylvania is about 175 miles, and in the State of Ohio 247
miles. The trustees, acting as they do In their trust capacity, will not
of course be personally respons ible either for the principal or Interest of
the present issue. The total amount of the above Prior Lien Bonds
Issue will be limited to £1,600,000 or 8.000,000 dollars. The * 1,1 00,000 (5,500,000 dollars) remaining after tho exchange of the present
issue will only be issued for the purposes of the re-organization, and for
objects proportionately increasing the security upon which they are
based.- These objects are mainly: The extinguishment of the Ohio mortgage, the narrow-gauging of the road, the provis on of steel rails and
suitable rolling stock, and the improvement of the road.
&
now
Per cent.
2
»
Open-market rates—
Per cent
4 months' bank bills
Hi-81%
6 months' bank bills
l»sai%
4 & 6 months' trade bills. 2 a>2 *?
A
&
A prospectus has been issued this week of the New South
with a capiby the joint-stock banks and Wales Mortgage Loan & Agency Company, limited,
tal of £1,000,000, of which a moioty is to be first called up.
discount houses for deposits are subjoined:
This class of undertaking has been very successful, the AustraP
>t
Joint-stock banks
%®l
'
lian Mortgage Land Company paying 15 per cent per annum ;
.""."
Discount houses at call
v,
do
witb 7 and 14 days' notice of wtindrawai
\ New Zealand Loan & Mercantile Agency, 15 per cent; ScotThe
rates of interest allowed
'
.".'
'.'.'.'.'.'.
:
'
THE CHRONICLE
214
tish Australian Investment, 11 per cent
of Australia, 20 per cent.
;
and the Trust & Agency
Mr. James McHenry has presented a petition for the liquidaBankruptcy Court. His liabil-
tion of his affairs in the London
ities are estimated at£960,000.
Mr. Gladstone has addressed this week
Chester, and with regard to the condition of trade, observed:
"It is quite evident we are passing a line when, from whatever cause, the commerce of this country will have, at any rate
for a period, a severe struggle to maintain itself, and consequently it is desirable that we should husband and enlarge all
our means for the struggle. For that reason those who are
concerned in industrial production ought to review carefully
the manner in which they have been ^working, and consider
whether it is in all respects such as it ought to be. I believe
myself they will find great room for amendment very general
room for amendment— in a great many branches. I am going
to give an opinion which my sense of duty and long experience
in public life, which has placed me in very close relation to the
great industries of the country, enables me to do an
opinion which has been originally suggested and long
ago formed in my mind namely, that an Englishman is
.a marvelous man in the business of production when he
is put under pressure, but if he is not put under pressure
and is satisfied if
is apt to grow relaxed and careless,
He has not got as
he can produce things that will sell.
much as he ought to have of the love of excellence for its own
sake. Now, depend upon it, there are those who will say it is
a very visionary idea to promote love of excellence for its own
sake, but I hold it is not visionary at all; for, depend upon it,
every excellence that is real, whether it relates to fertility or
beauty, has got its value, and it is an element of strength in
—
—
—
the market. There is no doubt England has been very remarkable for cheapness of production, but in this a formidable rival
is now springing up in America.
America, however, has been
taken with a fever of what is called protection, and so long as
America suffers from that fever English manufacturers will not
have a great deal to fear from American rivals; but when she
learns to trust entirely to her own splendid national resources,
the great genius of her people, their marvelous proficiency in
labor-saving contrivances, in which they are ahead of the whole
But
world, then America will be a formidable competitor.
what you have now to contend against is not competition with
America, but limitation of markets. You are met on every
side with hostile tariffs, and you want to bound over these
tariffs and get within them.
For that purpose the British producer must consider the solidity of his work and its homely
qualities, and endeavor to make it in the first place a true work
and divest it of all falsehood and sham; for though the imposture may last for a little while, the effect is ultimately to
destroy reputation, to take away confidence, and to re-act most
But
injuriously upon those who have attempted to trick.
apart from that, I have the strongest conviction of this: that all
along English industry has been defective in matter of beauty.
The quality under which we generally hear the important
element described is taste.
Taste is nothing in the world
except faculty which devises according to lines of beauty,
executes according to lines of beauty, and judges according to
lines of beauty.
The French standard of taste in production is
very much higher than in the productions of this country, and,
depend upon it, it is the taste of the French which fetches the
price in the market, as well as other qualities they possess,
which has immensely contributed to give France its very high
place in the commerce of the world. It is well known that at
this moment she is, and has been for some time, the second
country in the world in exports."
The fineness of the weather has had a depressing effect upon
the wheat trade, but home supplies are short, and prices have
not as yet declined to any important extent. The tendency,
however, is strongly in favor of buyers, the American and Continental markets being reported weak.
During the week ended Aug. 9, the sales of home-grown wheat
in the 150 principal markets of England and Wales amounted
to 15,857 quarters, against 34,400 quarters last year; and it is
estimated that in the whole kingdom they were 03,500 quarters
against 137,600 quarters in 1878. Since harvest the sales in the 150
principal markets have been 2,454,674 quarters, against 1,176,442
quarters; and it is estimated that in the whole kingdom they
have been 9,818,700 quarters, against 7,905,800 quarters in the
corresponding period of last season. Without reckoning the
supplies furnished ex-granary at the commencement ,of each
season,
estimated that the following quantities of wheat
and flour have been placed upon the British markets since
harvest:
it is
1878-9.
,
Imports of. wheat.
cwt. 47,7SO,389
Imports of flour
8,591,843
Sales
of
home-grown
produce
11
Total
Deduct exports
wheat and flour
Result
produce into and from the United Kingdom since harvest, viz.,
from the 1st of September to the close of last week, compared
with the corresponding period in the three previous seasons
IMPORTS.
1878-9.
1877-8.
ewt. 47,780,339 52,459,167
9,879,100 13,751,721
11,251,312 11,941,270
1,550,169
1,822,829
1.670,208
2,704,394
37,018,566 36,645,306
8,591,843
7,750,816
Wheat
a local school of art at
1877-8.
1876-7.
52,459,167 •42,815,437
7,750,810
6,382,171
1875-6.
52,917,546
6,913,571
42,548,600 33,183,250
34,462,000
35,518,000
93,920,837 93,393,233
83,689,608
94,449,117
of
1,712,701
1,647,277
803,073
914,062
97,178,136
91,745,956
82,826,535
95,535,055
Av'ge price of English
wheat for the season. 41s. 3d.
50s. 2d.
54s. 2d.
45a. lid.
The following figures show the imports and exports of cereal
XXIX.
[Vol.
Barley
Oats
Peas
Beans
Indian
Flour
com
1875-6.
1876-7.
42,845,437 52,917,546
12,358,454
8,025.490
11,680,997 12,033,524
1,292,696
1,457,226
4,380,023
3,041,432
32,939,246 30,865,252
6,382,171
6,013,571
EXPORTS.
1878-9.
Wheat
1875-6.
1876-7.
187-7-8.
cwt. 1,570,001
107.850
96,240
27,679
17,893
518,191
166,100
814,873
883,540
24,267
50,862
87,054
356,450
Peas
lis, 751
23,637
Beans
31,727
10,755
Indian corn
500,333
lii.sU
Flour
48,200
30,522
The following return, compiled from official sources, shows
the extent of our imports of wheat and flour during the present
and last three seasons; also the countries whence those supplies
were derived:
Barley
Oats
1,557,075
62,981
112,968
20,019
20,292
239,785
90,202
WHEAT.
1878-79.
From—
Cwt.
Russia
8,416,753
United States.... 25.620,643
Brit. N. America 2,736,674
Germany
3,989,782
France
11,985
Chili
336,280
Turkey, &c
156,817
Egypt
807.759
British India...
657,045
Other countries.. 1,980,928
Total
44,774,071
1877-78.
Cwt.
8,655,187
27,285,141
3,297,088
5,447,225
61,103
182,596
243,421
539,405
3,846,359
1,387,485
1876-77.
Cwt.
9,015,240
15,295,450
1,166,348
3,314,925
1,479,840
547,471
1,045,694
2,341,486
4,358,535
1,443,007
1875-76.
Cwt.
8,471,109
20,697,981
3,096,214
4,035,495
1,017,957
1,188,302
1,827,070
2,504,393
2,465,367
3,497,212
50,905,010
40,007,966
43,901,100
1877-78.
Cwt.
1,284,228
916,739
3,052,491
337,705
2,104,776
1876-77.
Cwt.
976,081
1.876,024
1,582.816
151,131
1,679,141
1875-76.
Cwt.
817.394
1,1 59,350
2,185,092
294,688
1,137,145
7,695,909
6,205,193
5,593,669
FLOUR.
1878-79.
From—
Cwt.
Germany
794,665
France
315,700
United States.... 4,922,421
Brit. N. America
364,764
Other countries.. 1,932,723
Total
8,330.273
a return showing the value of cereal produce
imported into the United Kingdom during the present and past
three seasons viz., from September to July inclusive:
Annexed
is
—
Indian corn.
Flour
£21,991,001
3,820,575
3,583,205
551,460
575,429
9.357,098
6,530,976
Total
£46,409,804
Barley
Oats
Peas
Beans
713,522
1,018,799
11,425,538
6,974,232
1876-77.
£23,829.093
4,725,356
4,540,300
538,439
1.547,579
9,803,451
5,530,841
£61,430,984
£50,575,059
1877-78.
£30,557,782
1878-79.
Wheat
5,577,941
4.158,170
1875-76.
£26.166,270
3,222,516
4,214,891
013,537
1,565,392
9,717,323
4,486,862
£49,983,791
English Market Keports— Per Cable.
The daily closing quotations in the markets of London and
Liverpool for the past week, as reported by cable, are shown in
the following summary:
London Money and Stock Market. The bullion in the Bank
of England has decreased £531,000 during the week.
—
Fri.
Wed. Thurs.
Mon. Tups.
Sat.
Aug.23. Aug.25. Aug.26. Aug.27. Aug.28. Aug.29.
51i2
51%
51%
51%
5\H
per oz
d. 51%
97i5i6 9713 ia 97l'i« 97U le 97» la
Consols for money
'
9715 10 9713j
.'
Consols for account
97"i 8 9711i6 97&16
105% 1053s 10538 105ia
b
U.S. 5s of 1881
1051a
-3
108*8
108H
108 ^
U. S. 4^3 of 1891
107's 107"a
104% 1045s 101% 101% 101*8
U.S. 4s of 1907
i
25%
25 H
26^4
25%
Erie, common stock
fs
24?s
89ia
90
89
90
Illinois Cent nil
90
1214
42 lo
42 H
42
Pennsylvania
I9ia
20*4
19
19%
19U
Philadelphia^ Rcadiu
Liverpool Cotton Market. See special report on cotton.
Silver,
:
—
Liverpool Breadstuff) Market.
d.
s.
—
Mon.
Sat.
Tues.
d.
s.
d.
s.
23 6 23 6
Flour (ex. State) $bl>l.. 23 6
8 10
8 9
Wneat,spr'g,No.2,1001b. 8 10
"
Spring, No. 3...
"
8 11
8 11
8 11
Whit. T. West., u.
"
Southern, new
"
Av.Cal. white..
"
8
9 8
9 8
California <-lui>.
Corn, mix. West.?? cent'l 4 8li 4 8^ 1 8
.
,
Liverpool Provisions Market.
Tues.
6
48
26
27
43
26
27
31 6 31
30
O 30
Petroleum
Market.
London
Mon.
Tues.
Sat.
6
—
d,
Pefleum, rcf
.
$ gal.
"
Pet'leum, spirits
. .
..
®
®
6
9
8
8
9
8
83
8 11
91
Wed.
6ifi®6i4
..
..
..
@
9
O
Thurs.
d.
9
b
4
8
Fri.
d.
48
26
27
48
26
28
48
26 O
26 6
31
30
81
no
30
30
Wed.
Thurs.
d.
d.
..
..
7 ®7ia
..
..
6
9
3
8 11
3
8
8
9
8
d.
d.
..
@
3
8 11
9
90
Fri.
d.
*.
23
d.
d,
Pork, West. mess. .$1)1)1.48
Bacon, long clear. cwt.. 26
"
27
Short clear
Beef, pr. mess, $ tierce
Lard, prime West. $ewt.3l
Cheese. Am. choice " 30
Thurs.
d.
—
Mon.
Sat.
s.
83
91
90
83
92
90
83
92
90
Wed.
23 6
®
®
Fri.
d.
..
..
(tiommzvcinl mul&XxstzXlmuousMtxvs.
—
Imports aitd Exports for the Week. The imports of last
week, compared with those of the preceding week, show
a decrease in both dry goods and general merchandise.
The total imports were $6,512,315, against $7,427,788 the preceding week and $5,509,251 two weeks previous. The exports
for the week ended Aug. 26 amounted to $6,211,377, against
$7,082,345 last week and $6,979,850 the previous week. The
—
August
—
—
.
.
THE CHRONICLE
30, 1879. J
following are the imports at New York for the week ending
(for dry goods) Aug. 21 and for the week ending (for general
merchandise) Ang. 22:
FOKEIGK IMPORTS AT NEW YORK FOR THE WEEK.
1877.
1876.
$2,000,620
2,724,061
$2,126,0.">8
3,426,000
1878.
$1,706,822
3,225,478
1879.
$2,122,138
4,390,177
$4,724,681
Total wook
Prev. reported.. 190,694,212
$5,552,058
215,790,359
t1,862,612
1,932,300
$6,512,315
196,694,761
Dry Goods
General nidse...
Tot. B'ce Jan. 1.. $195,418,893 $221,342, 117 $186,791,942 $203,207,081
In our report of the dry goods trade will be found the imports
ef dry goods for one week later.
The following is a statement of the exports (exclusive of
Bpecie) from the port of New York to foreign ports for the
week ending Aug. 26:
EXPORTS FROM NEW TORK FOR THE WEEK.
1*76.
For the week....
$5,163,132
Prov. reported.. 164,609,192
Tot. s'oe Jan. 1.. $169,772,32
1
1877.
$1,867,276
170,670,334
1878.
$7,011,880
216,311,605
1879.
$6,211,377
201,807,763
$175,537,610 $223,323,485 $211,079,140
The following will show the exports of specie from the port
of New York for the week ending Aug. 23, 1879. and also a
comparison of the total since January 1, 1879 with the corresponding totals for several previous years:
AUK.
20— Str. Colon
23—Str. Ncckar
Am. gold
Am. sllv.
Aspinwall
Loudon
$2,100
50,000
coin.
bars.
Total for the week ($50,000 silver, and $2,100 gold)
$52,100
Previously reported ($9,885,612 silver, and $1,942,76S gold). 11, 828,380
Tot. since Jan.1,'79 ($9,935,612 silver, and $1,944,868 gold).$l 1,880,480
Same time in
Same time in—
Same time in
1874
$40,977,110 1870...... $45,226,459
22,669.030 1873
40,040,325 1869
24,882,445
39,135,282 1872
56.542,170 1868
61,379,144
53,814,096 1867
61,877,998 1871
39,905,963
The imports of specie at this port for the same periods have
been as follows:
1878..... $10,150,973
1877
1876
1875
Aug.
18— Str.
New York
C. of
J.
19— Sehr. B.
Gold bars
Liverpool
Willard...Laguayra
. .
Am.
Am.
$523,076
095
silver
gold
Foreign gold...
2,118
054
Trade dols
20—Str. Leasing
21— Str. Abyssinia...'
21— Str. Franco
22—Str. Alps
22— Str. Morro
Foreign gold...
Liverpool
Liverpool
Gold oars
Gold bars
Aspiuwall
Am.
Am.
Havana
Castle
1 ,500
Hamburg
300,115
243,325
581,509
silver.
silver
Foreign gold...
22— Bark
Curaeoa
23— Str. Andes
Curacoa
Am. silver
Am. gold
Aspinwall
Gold dust
215
Insolvent Banks.—The Comptroller of the Currency lias
declared the following dividends to the creditors of insolvent
national banks during the month of August: First National
Bank of Dallas, Texas, first dividend, 10 per cent; Lockhaven
National Bank of Lockhaven, Pa., sixth dividend, 10 per cent,
making in all 60 per cent; People's National Bank of Helena,
Montana, first dividend, 15 per cent; First National Bank of
Ashland, Pa., second dividend, 25 per cent and interest, making
in all 100 per cent and interest; Atlantic National Bank of New
York, fifth dividend, 5 per cent making in all 90 per cent. The
following dividends to creditors will also be paid as soon as the
necessary schedules can be prepared: German National Bank,
of Chicago, 111., first dividend, 25 per cent; National Bank of
the State of Missouri, St. Louis, Mo., fifth dividend, 20 per
cent, making in all 70 per cent; National Bank of Poultney,
Vt., first dividend, 25 per cent; and the following dividends to
shareholders of insolvent national banks, 100 per cent and
interest having previously been paid to creditors
Farmers'
National Bank of Platte City, Mo., first dividend, 13 per cent;
Commercial National Bank of Kansas City, Mo., third dividend,
:
11 per cent,
making
in all 31
per cent.
—For
the information of investors Messrs. Fisk & Hatch have
issued during the past week a circular, giving the rate of
interest to be realized per annum— at present prices, and taking
into consideration the dates of maturity on the various issues
of Government bonds now outstanding.
We extract below
their remarks about the 5s of 1881, and the 4s of 1907.
"Fives 0/I88I.— These bonds, amounting to $508,440,350, will
be redeemable at the pleasure of the Government after May 1,
1881. It is not probable that any of them will be redeemed
until after all the Sixes of 1881 have been called in.
•'
In case they should all be redeemed by August, 1881, they
would from this time draw eight quarterly instalments of interest, amounting to 10 per cent.
Deducting the present
premium, say 2)2 per cent, there remains 7)6 per cent net interest on the,investment forone year and eleven months.
As the
simultaneous redemption of so large an amount of bonds at
one time is not likely to take place, it may be expected that, if
their redemption should be commenced at that time, the average time for which they would run would be six months longer,
say until February, 1882, by which time they would earn 12)6
per cent, which would leave, as net income from the investment, 10 per cent for two years and five months. Should it require from six months to one year to complete the redemption
of the Sixes '81, so that the Fives should run, on the average,
until say August 1, 1882, they would earn in that time 15 per
cent.
Deducting the present premium, say 2)6 per cent, there
would remain 12)6 per cent net income on the investment for
two years and eleven months, or about ± x£ per cent per annum.
"Four Per Cent Bonds. These bonds, comprising the principal funded loan of the United States, and the only bonds having over 12 years to run (except the Currency Sixes), are redeemable at the pleasure of the Government after July 1. 1907, and
therefore have 28 years to run. As they are now selling at but
a fraction over par and accrued interest, the premium, spread
over so long a period, is unappreciable, and they pay substantially 4 per cent on the investment, with no chance of a reduction in the rate of interest for 28 years.
" For long and permanent investment for Institutions.Trustees,
Executors of Estates, and private investors, who wish to avoid
the necessity of replacing their investments after short periods,
and for banking purposes, the four per cents will be the popu-
—
—
Total for the week ($7,148 silver, and $2,176,811 gold)
$2,183,959
Previously reported ($5,583,584 silver, and $1,968,244 gold). 7,551,828
Tot. since Jan. 1,'79 ($5,590,732 silver,
Same time in—
1878
1877
1876
1875
Same time
$14,568,902
8,426,533
3.290,577
8,315,020
1874
1873
1872
1871
in
and $4,145,055 gold).$9,735,787
Same time in—
1870
$7,082,033
1869
9,847,241
1868
5,529,781
$3,898,430
3,024,393
2,877,031
7,585,801
—
Canal Tolls and Business. Mr. G. W. Schuyler, the Canal
Auditor, furnishes the following comparative statement, showing
the total quantity (in tons) of each article cleared on the canals
from Aug 15 to Aug. 22, inclusive, 1878 and 1879:
1878*.
1879.
1878.
Articles.
$40,316 $39,867
Tolls
Tons.
297,784 329,090
Boards* scantling 45,188
Shingles
408
Timber
1,531
1,051
2,372
Staves
Wood
Ashes, potir pearl
*Ashes, leached.
•Pork
•Cheese
•Lard, tallow, and
.
lard
574
5
oil
Tons.
51,120
312
1,002
43
9
111
•Flour
Wheat
Rye
29,079
2,511
37,229
5
Corn
•Com meal
Barley malt
Oats
Bran it ship stuffs.
Peas and beans...
Apples
Potatoes
•Dried fruit
•Cotton
•Uuinanuf too
.
•Hemp
•Clover & gr'sseed
•Flaxseed
Articles
Tons.
11
3
5
2,036
& liar iron.
Cast'gs & iron w're
1,725
970
2,042
101
91
14
4
217
30
16
10
marked thus are
:i
130
336 Bloom
75
61
17
3
25
1,431
555
52
330
239
•Domestic w'lens.
451
330 •Domestic cottons
Domestic salt
1,142
6,143
5,605
Foreign salt
Sugar
Molasses
131
1,019
2,509
1
•Wool
Hides
spirits.
& cake.
•Leather
Furniture
•Bar and pig lead.
Pig iron
meal
8
-Coffee
Nails, spikes,
14
155
21,997
2,519
43,370
11
90
33
38
4
51!
38
583
16
and
horseshoes
Iron and steel
Railroad iron
Flint, enamel,
crock'ry, glassw.
All other nidse
Stone, lime & clay
Gypsum
Anthracite coal
.
.
Bituminous coal..
1
Iron ore
133
124
224
54
445
1,623
60
138
2,298
6,189
5,005
5,175
498
674
22,162
10,945
9,428
19,9-iO
5,032
10,825
1,354
7,814
6,283
456 Petr'leum or earth
3
16
Government loan."
& Co. is one of the wellstock brokerage houses of this city, having been in
business under the present firm style for over thirteen years,
and each of the firm being members of the New York Stock
Exchange. They recently published the following card in the
known
•Domestic
•Oil
Tons.
Articles.
lar
—The firm of Lawrence Brothers
•Hops
miles boats
Tofcil
1879.
oil.cr'de&refd.
Siuidrics
New York
Times:
Wednesday, Aug.
'
Lawrence Brothers & Co.,
No. 31 Broad street, New York.
13
45
Total tons.
197,171 .90,857
.
—Investors desiring to purchase shares in mining enterprises
1
in the
27, 1879.
To the Kdi'or of the JVew York Tim's:
Recent publications in your valuable paper have called attention to the operations of certain persons styling themselves
" bankers," and advertising extensively throughout the country
schemes for making money by speculation in stocks through
Numerous letters
"combinations, pools, puts, calls," &c.
received by us from various quarters indicating that from a
similarity of names we have been erroneously supposed to be
engaged in this description of business, we think it proper to
state that the undersigned are not the firm of " Lawrence & Co.,"
doing business near the corner of Broad street and Exchange
place, and that we have no connection with them whatever.
This announcement is probably unnecessary for the information of members of our own community, but to prevent persons
at a distance from being misled, we desire to give it publicity
through your columns.
*i_J
A._
!
iL!.
..,...»; __
t-
.
,
»1,.,
.,"l.,i-.-,n
miii.i^ T1AU7 I(lF
" Free List."
(Jiiincy Missouri & Pacific—The lease of this railroad to
the Wabash has been effected, the papers having been signed a
few days since. The contract is for ninety-nine years, The
Quincy Missouri & Pacific Company, by this agreement, is to
build the road from its present terminus, within four miles of
Milan, to the Burlington r & Southwestern Road, and from that
point the Wabash will push it westward to the Missouri River
as rapidly as circumstances will permit.
Mr. McDowell is associated with his brother, Mr. F. H. McDowell,
who is an experienced mining engineer. Prof. Raymond, it is
said, concurs in the opinion of the value of the mines now
offered, having known and reported upon them when employed
in the U. S. Government Surveys. Ores to the value of
$62,648 66, it is reported, have already been taken out of a
single claim. The shares are offered at $1 50 per $10 share.
.
:
7
.
THE CHRONICLE
216
glue fSJiwkm'
—
d§a?jettje.
NATIONAL BANKS OBOAN1ZBD.
States Comptroller of the Currency furnishes the
following statement of National Banks organized the past week:
2 429— First National Bank of Whitehall, Michigan. Authorized capital,
$50,000 paid-in capital, $50,000. Isaac M. Weston, President;
The United
;
Authorized to ccmmenco
Carleton A. Hammond, Cashier.
business August 21, 1879.
Authorized
Massachusetts.
Holyskc,
Bank
of
National
430-City
2
capital, $200,000; paid-in capital, $200,000. Joseph C. ParAuthorized to
sons, President; Edwin L. Hunn, Cashier.
commence business August 22, 1879.
UIVIUHIMDM.
The following dividends have recently been announced:
Name of Company.
[Vol. XXIX.
Per
When
Cent.
Payable
Books Closed.
(Days
inclusive.)
Railroads.
3
34_
United States Bonds. Government securities have been
tolerably steady on a moderate business.
The irregularities in
money naturally interfere to some extent with large purchases.
Some reports that came from parties well informed state that
upwards of $5,000,000 bonds are now on the ocean, shipped from
London to this market. The remarks of Secretary Sherman,
quoted above, are of interest as to the transactions in called
new 4 per cents.
Closing prices at the N. Y. Board have been as foliows:
bonds and
Interest
Periods.
Gs,1880....
68,1880....
Gs,1881....
6s, 1881....
5s, 1881....
5s, 1881...
4%s, 1891..
4%s. 1891..
48, 1907....
48,1907....
.
Aug.
Aug.
Aug.
Aug.
Aug.
Aug.
23.
25.
26.
27.
28.
29.
103%
*1 0.i-rt 103% 103%
no44| 1043s 104%
•1044 IO414 104%
*1035s 103 "s
.reg.
•1034 1034 103%
1034 1034 1034
-1044 104%
1044 1043g
*102% 102
102
101'a 102% I023g
102%'' 102
101 e 101" 102
1024
*103V' 103T8 103% '103% 104% 1044
•105
105% 105 *1047g 1054 1053a
10078 100% 101
101
101
101%
100T8 lOO's lOO^a 100 »s 100's 101%
coup,
-reg.
coup,
-.reg.
coup.
..reg.
coup.
..reg.
coup.
-104
104
•121
-120% *12l
121
121
121
•1214 1214 121 •120% •1214 1214
29, 1879-5 P. M.
•12112! 121*2 121
'120% •121% '122
*121%! 122
121 •120% •121% '122
Tlie Money Market and Financial Situation. The money
'122
'122%
122
121 •120% •122
market worked very closely until Thursday, when rates became
* This is the price bid
no sale was made at the Board.
present
experience
of
the
to-day.
The
easier, and so remained
The range in prices since January 1, 1879, and the amount
month, together with the known facts that the bond settlements
of each class of bonds outstanding Aug. 1, 1879, were as
are to be completed by October 1, and that the abundant crops call
follows:
for a large amount of money to move them, can hardly fail to
have a certain efffct in inspiring a cautious feeling as to the rates
Amount Aug. 1, 1879.
Range since Jan. 1, 1879.
for money during September, although anything like stringency
Coupon
Lowest.
Highest.
Registered.
in the marl et comes now as a decided novelty.
Mr. Sherman, in his Cincinnati speech, refers more definitely 6s, 1880-1.. cp. 1034 Aug. 29 1075s June 23 $204,496,100 $78,240,250
to the bond transactions of the Government in August and for 5s, 188 1.... op. 101*8 Aug. 27 107% Jan. 15 267,101,700 241,338,650
83,949,650
1891. .cp. 104 Mch. 21 108 May 21 166,050,350
September than any published statement had previously done, 4%s,
Apr. 1 103% May 21 448,589,800 '286,142,950
4s, 1907.... cp. 99
and so far as his remarks contain precise information they are 6s, cur'ncy.reg. 119% Jan. 4 128 May 31
64,623,512
He says:
pertinent to our report
* This amount does not include $6,058,350 of Refunding Certificate*
"When, however, the refunding operations ceased, on the 21st of July, outstanding on Aug. 1.
it was the desire of the Treasury Department to close the loau accounts
Closing prices of securities in London for three weeks past and
as soon as practicable. Believing that the called bonds would be presented by the 1st of September, I directed the Treasurer to draw upon the range since Jan. 1, 1879. were as follows:
the depository banks for the money as fast as needed to meet the
called bonds, aud at all events to close these accounts from September
Aug. Aug. Aug. Range since Jan. 1, 1879.
1 to the loth, and be was acting on this order when I returned from the
22.
29.
15.
Highest.
Lowest.
North early in August, and under it over $300,000,000 called bonds
were paid tor, but the called bonds had not been presented as antici- U. S. 5s of 1881
105 1* 1051n 105 July 10 109% Jan. 4
105%
pated. On the 13th of August the amount of called bonds outstanding U. 8. 4%sof 1891
x08%| 1084] 1084 106% Moh. 24 110 May- 2
was about $65,000,000 but only about $38,000,000 remained on deposit U. 8. 4s of 1907
104%l 104 V 1043a 101 Moh. 26 105% May 22
with the national bank depositories. Over $16,000,000 in excess of the
sum wanted to meet the payment of called bonds had been withdrawn
Bonds Dealings in State bonds have
Ballroad
State
and
into the Treasury from the market, with a view to closing the loan
been very limited. Louisiana consols are dull at 37@38. Tenaccount.
"At the time stated, general complaint was made that this operation nesseea are also inactive, with a difference of about 3 per cent
was injuriously affecting business; was advancing the rate of interest,
and was necessarily draining legal tenders from the market. To meet between the old and new issues.
Railroad bonds have been moderately active at prices generally
this condition of affairs, upon tho advice of the Treasurer at Washington aud the Asssi6tant Treasurer at New York, I issued this-order
steady. The New York Lake Erie & Western second eonsoli"Treasury Department, Aug. 13, 1879.
dated have been much the most active, and after declining to
" The Hon. James Gilflllan, Treasurer of the United States:
to-day at 73J.
" Sir: With a view to closing as soon as practicable the accounts of the 7i'4, sharply re-acted, and closed
Messrs. A. H. Muller & Son sold the following at auction
Department with depository banks on loan account, without unnecessary
FHIOAT, AUGUST
6s,
6s,
6s,
Us,
6s,
—
cur'cy,
cur'cy,
cur'cy,
cur'cy,
cur'cy,
189) ..reg.
1896 reg.
1897 reg.
1898 ..reg.
1899 reg.
i
;
;
—
:
disturbance of the money market, or the withdrawal of legal tender from
the current business, you will please receive from such depositories iu
payment called bonds, to bo credited when passed through the loan
division. You will require from such depositories sufficient money, in
addition to the called bonds credited, to meet all demands for the payment of the called bonds, so as to insure the withdrawal of all deposits
on loan account on or before the 1st of October next. The letter of the
Department of March 26 is modified accordingly. Very respectfully.
" John Sherman, Secretary.
" The statements that this was done to relieve the banks or to help any
one, or that I had ever been or was interested in any bank, are simply
false, and made without foundation or excuse, but as a political sensaThe reason why the unsettled accounts are with the First
tion.
National Bank aud the National Bank of Commerce of New York is
because the Bank of Commerce made the $40,000,000 subscription,
closing the 5-20s, and the First National Bank made tho subscription of
$121,000,000, closing the 10-40s; and these being the last subscriptions,
I have received a statement of the
are naturally the last drawn upon.
balances on the evening of Saturday last (August 23), showing thatthc
amount of outstanding called bonds unpaid was then $48,952,253 61.
The amount of deposits with national banks, the proceeds of bonds sold,
was $32,947,013 51. For all of this the Government is secured by a
deposit of a large amount of United 8tates bonds.
Where four per
centum bonds are taken as security, an additional margin of five per
centum is required. About $10,000,000 of these bonds are held by Mr.
Shares.
Sh-ares.
I
215% 20 Phenix Ins. Co., Brooklyn.115
7 N. Y. Equitablo Ins. Co.,
80
170
45%)
$35 each
80 Broadway Bank
5 Ninth Nat. Bank
60 Amer. Express Co
42%
21 U. 8. Express Co
Closing prices of leading State bonds for two weeks past, and
the range since Jan. 1, 1879, have been as follows:
|
|
States.
Aug.
Aug.
22.
29.
384
Louisiana consols
Missouri 6s, '89 or '90
North Carolina 6s, old
Tennessee 6s, old
Virginia 6a, cousol
106
23
304
*80
Range
since Jan. 1, 1879.
"Lowest.
Highest.
July 24
69 Jan.
"
107% June
1035s Mch.
*22% 18 Feb. 8 25 Ta June
"30% 30 Aug. 20 42 Feb.
80 73% June 20 73% Juno
41% Apr. 29 44 Mch.
"84% 79% Jan. 3 885s May
*37
30
do
2d series
District of Columbia 3-65s..
* This is the price bid
no sale was made at the Board.
do
6
10
14
13
20
28
23
;
—
ttallroad and Miscellaneous stocks. The stock market
has been somewhat irregular, and at times has shown some
Lake
depression, owing in part to the closer money market.
Couant, the United States agent in London, tor exchange, and are daily
granger stocks appear to be the favorites, and on a
being paid by the transmission of called bonds in the ordinary course of Shore and the
pretty large average of daily transactions their prices are combusiness. None of the outstanding bonds bear interest."
Erie bonds ami stock have been
he rates for money in v\ all street were about 5(57 per cent paratively well supported.
early in the week, advancing to 7 and 1-32 commission on Wed- among the weakest, but recovered during the past day or two,
nesday as the extreme rate. Thursday and to-day rates have the stock closing, however, at 24J. Michigan Central has been
been easier, and 4@6 per cent has been the range on Government noticeable for weakness among the Vanderbilt stocks, sell ng
and st> ck collaterals. Prime commercial paper meets with ready to-day as low as 79, and closing at 79J— the stock appearing to
sale at 6@7'per cent.
be without much speculative support. The coal auction sale at
The Bank of England weekly statement on 1 hursday showed lower prices on Wednesday and the prospect of sharper competia decrease of £531, COO in specie for the week, owing mainly to tion among the companieshas depressed the prices of Delaware &
shipmeuts to the United States, and the percentage of reserve Hudson Canal to 43, and Delaware Lackawanna & Western to
was 581 per cent, against 58 9-16 the previous week; the .discount 54£. Mr. Jay Gould's return from Europe is one of the events
rate remains at 2 per cent.
of the week.
The last statement of the New York City Clearing-House banks,
Total sales of the week in leading stocks were as follows.
issued August 23, showed an increase of $1,072,675 in the excess
Lake
North- Del. L. Central
St.
West'ru
atove their 25 per cent legal reserve, the whole of such excess
Erie.
Shore.
west. &West. of N. J.
Un. Tel. Paul.
being $2, 48!, 225, agaitst $1,408,550 the previous week
2.400l 47,760 47,587
34,645 11,550 25,835 13,400
The following table shows the changes from the previous week Aug. 23
1,300 27,600 47.042
"
25
18,459 17,310 27,200 20,000
an^ n comparison with the two preceding vears.
1.200 20.520 29,405
"
7,725 23,600 29,100 12,250
26
'J
;
1
1879.
Aug. 23.
Loans.'md
dis.
Specie
Circulation ..
Net deposits
Legal tenders.
.
Diffei'nces fr'ui
1878.
1877.
previous week.
Aug. 24.
Aug. 25.
(263.970.100 Dee.10,740,900 $236,994,300 $244,899,600
1 9.631.1001 Inc.
77.900
18,662.800
14,259,000
2O.P27.50O Inc.
19,30.-1,600
108.000
15,515,100
2;;5.9.".;i.!>00jDec. 12,520.700 210,088,500 213,026,300
41.838,600 Dec. 2,135 400
55,059,800
50,789,000
11
"
"
"
27
28
29
7,966
3,900
2,290
41,458
26,100
19,125
36,310
21,100
28,200! 33,300
29,265j 44,650
5,600
48,050
5.000| 17,620
6,200
15,690
25,500
14,000
10,800
74,985 139.143 175,910 144,700 21,700 177,240 174.934
Total
Whole stock. 410.500 154.042 149.886 524.000 175.400 771,077 494.665
The total number of shares of stock outstanding is given in the
la it line for the purpose of comparison.
.
.
J
..
.
August
...
THE CHRONICLE
80, 1879.]
The daily
Saturday
--Latest earnings reported
—Jon. 1 to latent date -^
Week or Mo. 1879.
1878
1870
1878
Mo. Kans. A Tex.. 3d wk Aug. $07,333 $61,420 $1,697,970
$1,050,815
Mobile A Ohio... July
110.074
95,076
030,073 1,031.010
Nashv.01i.A8t. I,. July
133,500 112,703
071.470
984,678
Friday.
Aug.
23.
20.
:.
M
Canada South
•57K
Cent, of N.J.
Chic. A. Alton.
Chic. Bur. & O.
60
h.Y.I/.KrleAW.Mny
1.350,274 1,17L',901
5,500
5 838
2,084
3 710
I'lillu. A Kr>
Italy
241,018 214'osi
Pblla.AHundlng.July
1.303,522
0i7 7"l
3t.L.A.AT.H.(bis)2d wkAug.
10.210
11411
StL. IronMt. AS.3d wkAug. 101,300
00 000
St. L. K. C. A No .2dwkAiig.
56,730
70,811
BOK
I-ad.AKlizahctkt.lst wkAug
Pad. A Memphis.. 1st wk Aug
USMIVIM
Cblo.M.ASt.P.
do
pref.
AN. W..
do
pref.
Chic. II. I. & P.
Chic. st.l'.&M.
Clev. C. C. 4 1.
Col.Chtc.A I.C.
Del. & ll.Cunul
Chic.
217
—
highest and lowest or ices have been as follows:
Aug
.
w
esij
e
WS
75^
»7%
97J4
SgH |8*K
311
ill)
.
^
am
A Sun Fran
0,434,373 5.H72.078
1 02,382
185.2O0
01,885
119.270
1, !>».'.. 103
1,473,733
7,908,189 0,038,145
301,713
270,417
2,308,324 2,480.058
1.801,403 1,887,730
3d wk Aug.
43,100
20 3(8)
734.490
702,300
23,810
15/728
410,1*8
380,363
Paul AS. City. June
54.572
4(i 734
302,153
283,113
Soloto
Valley
July
28,770
28, 70
24!* MH
173,811
140.101
do pref
Sioux City ASt.P. June
28,580
4(^1 47
29,954
159,738
170.713
Han. & St. Jo.
southern Mlnu... July
19
19
50,302
03,201
315,720
427,184
do
prof.
*0<4 40tt
Tol.PeoriaAWar
.3d wk Aug.
31,370
33,110
750,805
Illinois Cent...
801,430
8BJ< HBU
Union
Puc;3o....
July
1,008,040
037.072
Kansas Pacific
84
r,i'..
3d wkAug. 116,400 137,308 2.716,201 2,016.160
l.n lie Shore
87H 88W ft'aunsb
Loulsv.&Naah
54J4 5IU
Exchange. -The rates for exchange arc depressed, and drawers
Mich. Central..
79
N0«
Mo. Kans. & T
have further reduced their asking rates. There seems to be some
13X1 13«
Mor. A Essex.
88}( 8S>
however, of an advance in the Bank rate of interest in
N.Y.C.AH. II.
118 118
Erespect,
Northern Pac.
ondon, which strengthens demand bills as compared with 60
10M 10K
do
pref.
days sterling. To-day, business was done at 4.83 to 4.834, for
Ohio A Miss..
Pacific Mail....
bankers' demand sterling and 4.80i for 00 days.
Panama
In domestic bills the following were rates on New York at
St.L&I.M.assn
87
27>(
St.L.K.C.AN.
SOW 21
the undermentioned cities to-day: Savannah— buying \; selling
do
pref.
J.
k£
55
Charleston— easy, 3-16 selling; ± premium. New Orleans— comSt.l,.SS.t'r:in.
12
pref.
do
17
mercial, i@3-16 premium
bank,
premium
4,
St.
Louis—
1-10
do 1st prf.
I"'
41
discount.
Chicago-quiet, 1-10 discount buying; 1-10 premium
Sutro Tunnel.
4
4
Union Pacltlc.
70H 77WJ selling. Boston, 25 cents premium.
Wabash
30$ 30J*
West. Un.Tol.
The quotations for foreign exchange are as follows :
»2Js 9.'«
"These are tue prices bid aud asked; no sale was mode at tlto Board.
August 29.
60 days.
Demand.
Total sales this week, and the range in prices for 1878 and
since Jan. i, 1379, were as follows:
Prime bankers' sterling bills on London 4.80%3 4.81% 4.83%3-4.84
Good bankers' and prime commercial.
4.80 94.80%
4.83 94.83%
4.79 84.79% 4.82i«»4.82
Range for Good commercial
Pricoa since Jan. 1, 1879.
Sales of
Documentary commercial
Del.lAck.A
Erie
sa
43
W
m
St. L.
8t.J,.AS.K.-8t.I...3dwk Aug.
40
Ht.
1
m
:
;
.
Week.
Shares.
Canada Southern
285
Central of N. J
Chicago A Alton
Chic. Burl.A Quincy
Chic. Mil.
do
Chicago
do
A
P
St.
..
do
pref.
do
pref.
A North w
Chic. Rock Isl.A Pac
Chic. St. P.AMinn."
Clev. Col. Cin. A Ind.
Ool. Chic.A Ind. Cent
Del. A Hudson Canal
Del. Lack. A Western
Erie
do pref
Hannibal
do
A
St.
Jo
do
. .
pref,
21,700
Lowest.
45 ^ Jan.
33ifl
Jan.
080 75 Moh.
910 Ill's Jan.
134,143 343s Jau.
11,869 74% Jan.
175,910 49»s Jau.
7,430 76VJau.
1,400 119 Jau.
2,105 21
May
3,355 34% Jan.
1,755
5 Jan.
7,948 38 Jan.
144,700 43 Jan.
177,240 21% Jan.
9,810 37»2 Jan.
3.260 13HJan.
5,100 34 Jan.
450
Illinois Central
Kansas Pacific
Lake Shore
Louisville A Nash v.
Low. High.
Highest.
63% Mch.
55
95
.44
July
Aug.
Feb.
Aug.
Aug.
Aug.
Aug.
Aug.
Aug.
55
May
122%
70
97%
80=8
9978
141%
6
12
12
7
2
21
9% Aug. 6
513b June 2
6234 July 31
29% May 5
45%
13% 45%
Amsterdam
66%! 85
Frankfort (reiohmarks)
Bremen (reichmarks)
Berlin (reichmarks)
38
99%114%
27%' 5478
~
64
84%
32%' 55%
i
—
,
.
1
.
94.81%
5.24%*5.23%
3.24%»5.23%
5.24%95.23%
4.81
39%» 40
93%
93% » 93%
93%3> 93%
93% a> 93%
(guilders)
Hamburg (reichmarks)
40
9 40%
91% 9 94%
93%i!>
94>4 9
94 %»
94% 9
94%
"
94%
I
59% 79%
98 % 22
23
2%
38%
6»a
59%
61%
7% 22%
21% 38
343e
41
The following are quotations
$4 82 »$4 86
Sovereigns
Napoleons
3
X X Reichmarks. 4
X Guilders
3
Span'hDoubloons.15
Mex. Doubloons.. 15
Fine silver bars
1
82 9 3
72 9 4
93 9 4
50 915
45 915
12%8
1
in gold for various coins:
% dimes. - 99% » — 99%
%s. - 9.1% 9 — 99*»
- 92 9 — 95
Five f ranos
00
Mexican dollars.. - 87%»- 87%
English silver
65
4 73 9 4 80
60
Prus. silv. thaler*. - 68 9 — 70%
12% Trade dollars
99 9 — 99
Dimes A
86
78
Silver
%sand
-
par.9%prem. New silver dollars
Fine gold bars..
99% 9 par.
May 5
New Vork City Banks. —The following atatemen 1 shows the
23% May 23 10
1678
45% May 23 21^8 416g condition of the Associated Banks of New York City for the week
79H Moh. 26 91 Aug. 7 72% 87
9% Jan. 21 60 Apr. 30 4
12% ending at the commencement of business on August 23, 1879
67 Jau. 6 93 Aug. 12 5578 71%
Average amount of
35 Feb. 13 70% May 12 35
39
73% Jan. 2 90% Jau. 27 5S% 75
Capital.
Loans
and
Circula538 Jan.
4 18% May 15
Specie.
2
7%
discounts.
tion.
75% Jan. 3 94 Aug. 6 67*8 89
54
.
.
Paris (Iraucs)
(f ranos)
Antwerp
Swiss (fraucs)
15
31
9
19
3,300
173,934
5,910
Michigan Central
16,923
Missouri Kan. A Tex.
15,093
Morris & Essex
4,493
N. Y. Cent. A Hud.R.
2.154 112 Mch. 24 121% June 14 103% 115
Northern Pacific t ...
2,262 16 Aug. 9 17% Aug. 1
do
pref.t
319 44% Aug.
48% July 31
Ohio A Mississippi.
10,950
7% Jan.
17 July 24
6% 11%
PacifloMail
18,525 103a Jan.
18% June 6 12% 23%
Panama
19 123
Jan.
160 Aug. 4 112 131
L.
St.
I. Mt. A South.
2,322
13 Jan.
'30% May 23
5.
15%
St. L.K. C. A North.
3,130
7 Jan.
22% Aug. 12 3% 7%
do
pref.
8,690 25% Jau.
58% Aug. 6 19
26%
Bt. L. A 8. Francisco.
3.925
3% Jau.
13»sAug. 22
1% 4%
do
pref.
9,002
4% Jau.
18% Aug. 21
1% 5%
do
1st pref.
7,210
9% Jau.
44% Aug. 22 5% 11%
Sutro Tunnel
478 Mch. 17
8,525
23a Jan.'
5
3%
Union Paciflo
6,691
57% Jan. 31 81 Feb. 19 61% 73
Wabash
9,610 17% Mch. 13 40 Aug. 2 12% 23%
Western Union Tel.
74,985 88»a Aug. 4 116 Juuell 75% 102
* Range here given is from May 5.
t Range from July 30.
The latest railroad earnings and the totals from Jan. 1 to latest
dates are given below.
The statement includes the gross earnings of all railroads from which returns can be obtained. The
columns undei the heading "Jan. 1 to latest date" furnish the
gross earnings from Jan. 1 to. and including, the period mentioned in the second column.
Latest earnings reported
^-Jan. 1 to latest dare.Week or Mo. 1879.
1878.
1879.
1878.
Ala. Gt.Southern. June
$23,263 $20,950
Atch.Top. AS. F. 2d wkAug. 125.000 130,753 3,467,474 2,064,451
AtL.AGt. West. ..June
300,540 309,136
Atlantic Miss.AO. July
138,221 127,441
853.710
889,251
Bur. C. Rap. AN.. 3d wkAug.
29.977
23,740
838,943
952.483
Burl.AMo.K.in N.June
140,736
90,590
862,638
735,081
Cairo&St.Louis.lstwkAug
0,595
5,671
136,503
133,187
Central Pacific. ..July
1,442,000 1,533,702 9,231,320 9,367,807
Ches. A Ohio
.July
173,383
140,262
986,191 1,044,678
Chicago AAlton. 3d wkAug. 150.943 142 987 3,143,811 2,859,300
Chic. Burl. A Q... June
1.160.968 897,090 6,510,239 6,417,791
Chic. A Last. 111. .3d wkAug.
19,926
18 699
Chic. Mil. A St. P. 3d wkAug. 162,000
113.036 5,288,000 5,248,800
Chie.ANorthwest.IuIy
1,309,984 1,166 270 8,268.12
8,221,476
Chic. St. P.AMiu.3dwkAug.
17,399
14,093 " 630.442
534.177
Clev.Mt. V. AD..lstwkAug
6,728
6,227
220,249
212,683
Dakota Southern June
13,796
17,386
103,799
105.107
DubuqneAS.City.2d wkAug.
15.031
13,913
480,509
580.486
Frank.AKokomo.July
4,580
3,088
22,953
19,003
Oal.Har. AS. Au.June
91,482
85,058
Gal. Houst. A H. July
27.085
24,466
244,013
194,391
Grand Trunk. Wk.end. Aug. 16 161,210 157,275 5,233,844 5,372.283
Ql *t Western. Wk.end.Ang.22
89,474
90,793 2,658,535 2,907,226
HannibalASt.Jo.3dwkAug.
31,051
48.002 1,037,001 1,109,781
Houst. A Tex. C. July
136,848
146,637 1,389.522 1,176,760
IllinoisCen.(Ill.)..July
453,159 455,728 2,962,021 3,029,318
do
(Iowa).. July
103,045 112.302
778.971
900,238
Tnt. A Gt. North.. 2d wkAug.
25,341
24,701
827,083
725,081
Kan.C.St J.A C B.July
134,467
98,916
Kansas Pacific... 4thwkJ')y 117,363
93,476 2,365,235 1.739.159
.
4.78%»4.79%
5.26%&5.25%
5.20%»5.25%
5.26%a5.25%
1878.
-
:
I
New York
s.'ii.fjoo
Manhattan Co.
Merchants
5,974,000
5,857,900
7.009.200
4, 145.600
9.145,800
2,711,000
0,114,400
3,034,100
1,059,000
Mechanics'
Union
America
Phrenlx
City
Tradesmen's...
Fulton
Chemical
Merchants' Exch.
Gallatin Nation'l
Butchers'&Drov.
Mechanics' & Tr.
Commerce
Broadway
Mercantile
Pacific
Kepublic
Chatham
People's
North America.
Hanover
Irving
Metropolitan
Citizens'
Nassau
Market
St.
Nicholas
Shoe & Leather.
Corn Exchange..
Oriental
Marine
&
Tr..
-,
Park
2,000,000
Mech. Bkg. Ass'n
500,01X1
!
Grocers'
835.000
North River
240,000
Kast River
250,000
Manuf'rsi Mer..
100,000
Fourth National. 3.200,000
Central Nat
2,000.000
Second Nation'l.
300.000
Ninth National..
750,000
First National..
Third National
.
.
N. V. Nat. Exch..
Bowery National
York County.
Germ'nAmerlc'n
N.
.
Chase National..
Total..
3.«2t,300
3,533,100
1,278,300
2.9.19.500
500.000
1.000,000
800.000
250.000
200,000
750.000
800,000
3,40:1.1100
1.7IB.100
3.0O3.4O0
1.807,700
1.912.100
0.085.200
2.479,000
11,007.000
1.5:18,200
1.840,100
1,829,300
3.589.000
4,531,400
1.470,100
2,418,500
18,362,400
12.75J.500
1. 37S.60O
0.620.000
2. 188,400
4,878301'
1,368.000
2.318 900
18.187.2C0
15.840,100
588.100
670,000
700,200
819,300
302,300
418.200
834 BOO
850.700
600,800
310.700
17.287,900
17.123.800
8,003.000
2.873,000
9.172.001'
2.293.000
4.841,000
10.716.3oo
7,343,800
1.211.300
1.105,100
1,085.400
1.910.8O0
4.0.31,000
10,510,000
7,739.500
869.500
1.003.000
1.135.800
1.555.7O0
2,117,700
2,053,501,
The deviations from returns
»
44,500
131,600
1,100
251,000
709,100
531.300
630.800
843,000
103.000
2,700
470,500
34.500
135.000
447.000
1,538.300
801,000
177.800
000,006
803,000
5,400
270.000
053.500
8,841.000
840.700
8.900
346,400
400, 00
450,000
4.600
7(6300
SM.766
1,110.300
537,100
808,700
144.000
1,084. fOO
1.486,000
860,000
575,000
46.100
700,500
868.400
334.(00
180,000
840.360
J1.S38.600 235.953.0mi'30,887.500
of previous week are as follows
Net deposits
P 80 -* 18 -???'!??
Inc.
108.000
Deo.»10,740,000
77,900
Inc..
Dec.
4.
73300
8.0715.100
00,800.200 '03,570.100
Loans and discounts
Specie
Legal tenders
1,862,800
1,03 1,100
000,000
750,400
2.121,700
753,100
1.583.800
9.203.O0O
8.096.000
3,833.500
0386,000
Continental
Importers'
10.812.500
873,900
2,775.400
849,600
1.401.7OU
13,416,000
L4.z55.400
5,137.400
3.654,800
2,056.100
4.015.700
3, 180,900
1,254,000
2,069,100
0,041,500
2.453,800
13,077,000
1.575.400
8,064,400
2,416,100
1.885,100
.
*
405.000
1.21)5,600
1 1.352,800
98 1. 000
Greenwich
Leather Man'f 'rs
Seventh Ward
State of N. York.
American Exch..
.
8.344.000
8.787,000
4,713.900
5.532.200
8,160.00"
6.728.800
2,038,000
5,637,600
1.937.800
2,135.400
:
|
I
I
Circulation
MFJJJ
MJ
F
8
1
t.
THE CHRONICLE.
218
[Vol. XXIX.
GENERAL QUOTATIONS OF STOCKS AND BONDS.
Quotations in Hew York represent the per cent value, whatever the par may be; other quotations are frequently male per share.
The following abbreviations are of ten used, viz.: "M.,"for mortgage; " g.," for gold; " g'd," for guaranteed " end.," for endorsed
for consolidated " conv.," for convertible " 8. f .," for sinking fund " 1. g.," for land grant.
Quotations in New York are to Thursday from other cities, to late mail dates.
;
;
;
;
"cons.,'
;
;
Subscribers will confer a favor by Klvlng notice of any error discovered In these Quotation*.
United States Bonds.
Bid.
reg.. ..J&J 103*4 103*-2
coup.. ..J&J 103 *4 103*2
reg... .J&J 104*4 104*2
FOREIGN GOV. Slid KIT'S.
M&N
STATE SECURITIES.
8s, fundable. .Var.
45
J&J
9
20
&Euf
& Chat
8s of 1892-93
Class "A," 2 to
5,
44*4
1906
do
small
Class "B," 5s, 1906
Class " C," 2 to 5, 1906
Arkansas— 6s, funded, 1899
54
100
War loan, 1880
Kansas— 7s,
'76 to '99
Kentucky — 6s
—
1
F & A 99%
F76, '86
Illinois— 6s, coupon, 1879...
Q—
.J&J
110
110
A&O no
100
J & J 100
J&JI
104
18
18
1914
J & J 37
Maine— Bounty, 6s. 1880
F& A 102
War.debts assumed, 6s,'89.A& Ot 111
War loan, 6s, 1883
M&8 107
ponsol. 7s,
Maryland— 6s,. defeuse, 1883.. J&J 109
6a, exempt, 1887
J&J 113
6s, Hospital, 1882-87
J&J 110
6s,
5s,
Q—
Q—
1890
188O-'90
Massachusetts— 5s, 1880, gold .J&J
5s, gold, 1883..
5s, gold, 1894...
5s. g., sterling, 1891
I
85
101
do
do
1894
1888
1883
&
St, Jo.,
do
100
100
101*4
101%
J&J 103% 104
110% 111
J&J 107 109
M&N;
&
&
J 103
J 103
!
gold, coup.,
gold, 1883
gold, 1891
gold, 1892
gold, 1893
1887
J&J 107
J
J
&
&
J 106
J 117
120
121
1886-'98..J&J
N. Carolina— 6s,
A&O
A&O
A&O
old,
6s, old
6s,
C. RR., 1883-5
J
J
6s,
do
6s,
do
coup. off.
6s,
do'
coup. off.
6s, Funding act of 1866, 1900 J&J
6s,
do
1868,189SA&0
6s, new bonds, 1892-8
J&J
6s,
do
6s, Chatham
6s, special tax, class 1.1898-9A&0
6s,
do
class 2
6s.
do
class 3
4s, new
'
N
&
A&O
J&J
A&O
RR
6s,1886
7
7
13*2
13
A&O
A&O
2
2
2
J
J
&
&
F&A
6s
6s,
6s,
6s,
funding act, 1866
Land C, '89
Laud C, 1889
7s of 1888
6s, non-fundable bonds
6s, consols. 1893
'
&A
J&J
J & J
....A&O
J & J
J & J
112
1515
15
40
.-.A&O 40
15
Var.
J
&
J
8%
15
Q—
Q—
Q—
1*2
87
Price nominal; no late transactions.
107
no
109
112
6s,
68,1900
6s, West. Md. RR., 1902 ....
5s, consol, 1885
6s, Valley RR., 1886
5s, new 1916
1
101
103% 104*2
A&Ot 109
UO
20
17
30
20
J&J
1899-1902
do
3*2
3
3
63
105
112
101
109
J
J
J
J
7s, Water, 1903
7s, Bridge, 1915
6s, Water, 1899-1909
6s, Park, 1900-1924
Kings Co. 7s, 1882-'89
do
&J
&
&
&
123
J 121
J 111
J 113
106
sewerage, 1878-'79
J & J
assessment, '78-79 J & J-M& N
improvement, 1891-'94
Var.
Bergen, long
J & J
103
.
A&O
78.M&S and J&D
1880-'86
Buffalo, N, Y.— 7s, 1876-'80. . . .Var.
Var.
7s, 1880-'95
7s, water, long
Var.
6s, Park, 1926
M&S
Cambridge, Mass.— 5s, 1889. .A&Ot
6s, 1894-96. water loan
J&Ji
6s, 1904, city bonds
J&J
.
Camden Co., N, J.— 6s, coup... J&J*
Camden City, N. J.— 6s, coup.. J&J*
7s, reg.
and coup
J&J*
Charleston, S.C.— 6s, st'k,'76-98..Q-J
7s, Are loan bonds, 1890
J & J
102
104
113
108
107
115
116
108
108
114
57
75
85
58
111
108
113
114
113
113
—
106
Cincinnati,
6s, short
7-30s
O —6s, long
J
105
106
6s,
Var.
Var. 1
Bedford, Mass.— 6s, 1893. A&Ot
A.&O
5s, 1900, Water Loan
t
N. Brunswick, N. J.— 7s
Newburyport, Mass.— 6s, 1890. J&Jt
N. Haven, Ct,—Town, 6s, Air Line.
Town, 6s, war loan
New
108
116
117
Var.t
Var.t
Var.t
Var.t
60
107
107
103
108
Southern RR. 7-SOs, 1902. ..J&Jt 115*2 116
do
115
7-30s, new
t 111
do
6s, g., 1906. .M&Nt 105*2 106
Hamilton Co., O., us
100
dd
102
7s, short
t 100
do
long 7s &7-30s.t 107
UO
Cleveland, O.— 6s. long
Various. 107
108
30-year 5s
100 102
Various. 100*2 101
6s, short
Various t 112
7s, long
115
7s, short
Varioust 105
107
Special 7s, 1879-'89
Yearly t 106 107
Columbia, S.O.— 6s, bonds.
Columbus, Ga.— 7s, Various
Var 60
75
Covington. Ky .— 7-30s, long
110 112
7-30s, short
103*2 104
8s
114
"""."."'."..
Dallas, Texas— 8s, 1904!!
50
108,1883-96
90 100
Dayton. O.— 8s
1 107
Detroit, Mich.— 7s, long
Var.t 107 ,110
7s, water, long
Var.t 113 1115
t
Purchaser also paj
s
accrued interest
10
10
10
10
25
96
109
—
Wharf
6s, '75
&
'94..Var.
impr., 7-30s, 1880.. ..J
&D
N.Y.City— 6s, water stoek.'SO.Q— Fl
Q—Ft
1879
6s,
do
Q— Fl
1890
5s,
do
1883-90..... Q—F
6s,
do
6s, aqueduct stock, '84-1911. .Q—F
7s, pipes and mains, 1900..M&N
6s, reservoir bonds, 1907-'11Q
24
125
109
5s, Cent. Park bonds, 1898. ..Q-F 106
1895.. .Q—F 112
do
6s,
125
7s, dock bonds, 1901
109
do
1905,
6s,
1894-97..M&N
125
7s, market stock,
6s, improvem't stock, 1889. M & N 107
1879-90.M&N
do
7s,
6s, gold, cons, bonds, 1901 M & N 114
6s, street impr. stock, 1888. M & N 102*2
"79-82.M&N 104
do
do
7s,
M&N
M&N
.
HI
106
118
108
Norfolk, Va.— 6s,reg.stk,'78-85..J&J 100
Var. 115
8s, coup., 1890-93
116
8s, water, 1901
A&Ot 103
Norwich, Ct— 5s, 1907
J.&J 117
7s, 1905
t
104
Orange, N. J.— 7s
t 101
Oswego, N. Y.— 7s
Var 108
Paterson, N. J.— 7s, long
M&N
Petersburg,
8s
88, special
Va.— 6s
6s, old, reg
6s, new, reg
In London.
Pa.— 5, reg
J&J
J&J
J&J
20
15
23
40
50
90
90
iii"
104
112
111
108
103
117
103
106
24
32
26
114
126
114
108
114
126
llO
126
108
114
116
105
107
112
107
119
109
105
120
105
120
102*2
92*2
J&J 112
Philadelphia,
;
J&J
tax
20
20
20
25
35
101
102
100*2 101
105 106
104 UO
—
....
6s, gold, new consol., 1896
7s, Westchester Co., 1891
Newton— 68, 1905, water loan. J&J
J&J
5s, 1905, water loan
115*2
114*2 117*2
112*2 114
106% 107*4
99
111
109
106
100
do 6s,TownHall
115
7a,
sewerage
City,
100
do 6a
104
do 58,1897
New Orleans, La. Premium bonds 22
Var. 30
Consolidated 6s, 1892
Railroad issues,
110
103
75
103
102*2 110
108
.
80
99
110*2 111*2
M&N
funded
7s, long
7s, water, long
106
112
L15
& J 105% 106%
106
102
100
115
107
109
115
102
60
102
14
10
20
Montgomery, Ala.—New 3s ..J&J 20
40
5s, new
80
Nashville, Term.— 6s, old
80
is, new
Var. 104
Newark— 6s, long
127
127
115
115
114
99
99
102
106
Var. t 101*2 102*2
Var. t 101*2 102*2
112*2 113*2
101
115 120
—
M&N
t
99
104
99
99
114
100
108
Var. 103*2 105
7s, short dates
6s, long
6s, short
7s, non-tax bonds
01!
4s, non-taxable
SO
Chelsea, Mass.— 6s, '97, water l.F&At
112
Chicago, 111—6s, long dates
J&JI
108%
7s, sewerage, 1892-'95
J&Jt
114
J&Jt
1 1
7s, water, 1890-'95
J&J t
114
7s, river impr., 1890-*95
J&Ji
111
7s, 1890-'95
Cook Co. 7s, 1880
101*2 102
do
112*2 11:1
7s, 1392
M&Nt
97
07
97
97
County", 6s
'
M&N
M&N 101*2 UO
6s,
109
117
101
105
do
J&J 96
Bayouue City, 7s, long
Lawrence, Mass.— 6a, 1894... A& 01 113*2
90
Long Island City, N. Y
t
Louisville, Ky. 7s, long dates. Var.t 104*2
115
116
117
103
.
funded
Hudson
J&J 116*2117
Q—
100
t
.
—
7s,
7s,
7e,
7s,
7s,
115*2 11534
115*2 115%
A&O 109
103
108
Indianapolis, Ind.—7-30a,'93-99.J&J tl06
Jersey City 6s, water, long, 1895.. 97
120
110=8 111
J&J 116*a 117
7s
1*2
6s. 10-15, reg., 1877-'82
100*4
6s, 15-25, reg., 1882-'92.....F
106
Rhode Island— 6s, 1882
M&St
,6s, 1893-9
South Carolina— 6s
Texas— 10s
Lake View Water Loan 7s
Lincoln Park 7s
South Park 7s
West Park 7s, 1890
89*2
89*2
58
j 103
j 110
Pennsylvania— 5s, gold, '77-8.F&A* 100
5a, our., reg., 1877-82
F&A* 100
5s, new, reg., 1892-1902
F&A 111
Ohio—6s,1881
24
22*2
109
109
A&O
A&O
97
Augusta, Me.— 6s, 1887, mmi..F&Af 106
Various 103
Augusta, Ga—7s
Haverhill,
107
',
N.Hampshire— 6s, 1892-1894.. J&J 115*4 115%
War loan, 6s, 1901-1905
J&J 117% 118
War loan, 6s, 1884
M&S 108*4 108%
New Jersey—6s, 1 897-1902.... J&J 112
6s, exempt, 1877-1896
J&J 112
New York— 6s, gold, reg., '87... J&J
6s,
6s,
6s,
6s,
6s,
100
107
Con'v.RR., 1886.. J&J
6s, Pitts.
6s, consol., 1890
O. loan, 1890
6s, Bait.
6s, Park, 1890
6s, bounty, 1893
do exempt, 1893...M&S
6s,
J&J
5s, funding, 1894
4*28, untax
Mass.—6a, '85-89
Houston, Tex.— 10s
do
112
95
103
110
102
107
106
105
102
103
102
116
M&N
Var.t
1886.... J
1887.... J
Fredericksburg, Va.—7s
M&N
Galveston, Tex.— 10s, '80-'95 ..Var.
Galvest'n County,10s. 1901.J & J
Harrisburg, Pa.— 6s, coupon. .Var.*
Hartford, Ct.— City 6s, var. dates..
Capitol, untax, 6s
t
Hartford Town bonds, 6s. untax . .t
—
Long bonds, '89-90
J&J 104*2
Asylum or University, 1892. J & J 107
Hannibal
do
'.
—
108 UO
A&O 105 107
Michigan— 6s,
J & J 103
7s, 1890
M&N 112
Minnesota— 7s, RR. repudiated
20
89
Missouri— 68, 1886
J & J 10373
Funding bonds, 1894-95 ....J & J 107*8
do
do
62
84%
85
110
112
110
110
10
!ll2
Lowell, Mass.— 6s,1890, W. L.M&Nt
110% 111*4 Lynchburg, Va. 6s
J & J
Bangor. Me.— 6s, RR.,l890-'94.Var.1 103 106
J & J
8a
114
J&Jt 110*4 110% Lynn, Mass.— 6a, 1887
F&At
6s, water, 1905
106
6s, E.& N.A. Railroad, 1894. .J&Jf 105
J&J
Water loan, 1891-96
105
M&Nt
6s. B. & Piscataquis RR..'99.A&0 104
58,1882
Bath, Me.— 6s, railroad aid
Varl 100*2 101*2 Macon, Ga. 7s
100 102
5a, 1897. municipal
Manchester, N.H.— 5s, 1883-'85J&Jt
102
103
Belfast, Me.— 6s, railroad aid, '98
J&Jt
6s, 1894...
Boston,Mass.— 6s,cur,long,1905Vart 118 118*4 Memphis, Tenu. 6s, C
J&J
38*2
Var.i 101*4 101%
6s, currency, short, 1880
J&J
6s,A&B
102*4
Var.t 112
113
5s, gold, 1905
6s, gold, fund., 1900
115
J&J 100% 101*4 6s, end.,M. & C. RR
4s, currency, 1899
His
Sterling, 5s, gold, 1893
A&O! 109*2 110*2 6s, consols
J&J
110
J&J: 104*2 105*2 Milwaukee, Wis— 5a, 1891... .J & D
do
5s, gold, 1899
118
A&O! 109*2 110*2
Var
do
5s, gold, 1902
8, 1896-1901
Brooklyn, N.Y.— 7s, '79-80.... J & J 101
104
J&J
7s, water, 1902
78,1881-95
J & J 101 115
J&J
Mobile, Ala.— 8s
106
J & J 125
128
J&J
7s, Park, 1915-18
5s
111*2
J
Louisiana Old bonds,fundable.Var.
8s, non-fundable
Var.
New
Co., 5s
A&O
.
M&S
J&J* 104
J & J 78
&
SO
80
J&J* 70
J&J* 103
J&J* 87
&
108
J
50
38
49*2
Ask
45
44
43
43
7s 1905
40
Fall' River, Mass!— 6s", 1904 -F&-At 109% 110
5s, 1894, gold
F&At 103% 104
Fitchburg, Mass.— 6s. '91.W.L. .J&Jt 111
112
J&J
1880
Bid.
7s, consol., 1885-98
Various 106
Various 107
&
106
06
t
105
112
113
101
116
7
Baltimore— 6s, City Hall, 1884. Q—
Connecticut— 5s
68,1883-4
8s<,
114
28
28
J 80
J 58*2
J
30
J
J
Atlanta, Ga.— 7s
Do. 8s
Austin,
104*2
Georgia— 6s, 1879-80-86
7s, new bonds, 1886
7s, endorsed, 1886
7s, gold bonds, 1890
&
&
&
&
&
Waterworks
50
California— 6s, 1874
—Consol. gold 6s
7s,
Allegheny
46
. .
Florida
Albany, N. Y.— 6s, long
7s
Allegheny, Pa.—4s
6s, 1876-'90
Wharf
45
..J&J
7s, L. R.&Ft. S. issue, 1900. A & O
7s, Memphis & L. JR., 1899 A & O
7s, L. R. P. B. & N. O., 1900. .A & O
7s, Miss. O. & R. Riv., 1900. .A & O
7s, Ark. Central RR., 1900. A & O
7s, Levee of 1871, 1900
J &J
Delaware— 6s
&D
10-40a, new
Tax coupons
101
8s, Mont.
8s, Ala.
.
M
City Securities.
DIs.Col.—Cons. 3-65s, 1924, cp.F&A
Consol. 3-65s, 1924, reg
Perm. imp. 6s, guar., 1891... J&Jt 108
Perm. Imp. 7a, 1891
J&Jt [109
Wash.—Fund.loan(Cong.)6s,g.,'92t 108
Fund. loan(Leg.)6s,g., 1902 Vart 108
East Saginaw, Mich.— 8s
11
Elizabeth, N. J.— 7s, short
t
10
7s, funded, 1880-1905
Var.
:iu
CITY SECURITIES.
Quebec— 5s, 1908
Alabama— 5s and
old,
coup
J&J 104*4! 104%
reg...Q— 102*9 102*4
coup. .. Q—F 102 102*6
J
rcg..Q— 104 104*4 Vermontw6s, 18901886-*95....J
ooup-.Q— 105*4 105*2 Virginia— 6s, old,1886-1895...
bonds,
J
new
6s,
101*8
101
reg...Q—
J
6s, consol., 1905
coup.. .Q— 100 7e 101
ex-coup.,
1905..
.J
6s,
do
reg.... J&J 121
series
2d
J
consol.,
6s,
reg....J&J 121*4
6s, deferred bonds
reg
J&J 121*2
reg.. ..J&J 121%
reg.... J&J 122
Ask.
Bid.
1890-98 ..J&J 30
6s, new bonds, 1892-1900... J & J 26%
J & J 27
6s, new series, 1914
&St 103
Texas— 6s, 1892
M&St 111
7s, gold, 1892-1910
J &Jt 112
7s, gold, 1904
J &Ji 99
10s, pension, 1894
Tennessee—6s,
UNITED STATES BONDS,
6s, 1880
6s, 1880
6s, 1881
6s. 1881
5s, funded, 1881
8a, funded, 1881
4*28, 1891
4»2S, 1891
4s, 1907
4s, 1907
6s, Currency, 1895
6s, Currency, 1896
6s, Currency, 1897
68, Currency, 1898
6s, Currency, 1899
State Securities.
Ask.
112
100
108
118
115
115
116
120*2
FJ
August
THE CHRONICLE
30, 1879.]
219
GENERAL QUOTATIONS OP STOCKS AND BONDS—Continued.
For Explanation* See Notes
Ask.
Bid.
City Secoritiks.
•73
•90
5s, reg.
7s, water, reg.&cp.,'93-'98...A&0 115
Var 106
7s, street imp. reg, '83-86
Portland, Me.— 6s, Municipal. .Var. 1107
117
107
114
Pa.—4s, ooup.,1913..J&J
J&J
and coup., 1913
Pittsburg,
IDS
112
,
M&8
6s, railroad aid, 1907
Portsmouth, N.H.—6s, '93, RR. J&J
Poughkeepeie, N. Y.— 7s, water
Providence, R.I.— 5s.g.,1900-5.J&J
6s, gold, 1900, water loan. J&J
M&
6s, 1885
Richmond, Va.— 6s
8
1107% 108 %
1112
115
U08>s
LOfl
I
lie's 118
HIS
107
J&J 105
J & J
8s
Rochester, N.Y.—6s, '76-1902. Var,
7s, water. 1903
J & J
121
106
22
108
lis
1
at
Head of
First
Railroad Bonds.
Page of Quotations.
Ask.
Bid.
Bost.A Revere B'h— 1st, 6s,'97. J&J .103
•50
Buff. Krad.& P.— Gen. M.7s,'96.J&J
»uff.N.Y.&Erle-l8t,7s, 1916.J&D 117
H11II.N.Y.& Phil.— 1st, 0s,g.,'96.J&J
93
Rur. C. R.& N.— lst.5s,new,'06.JAD
84%
Bur. & Mo. R.— L'd M., 7s, 03.A&O 115
Conv. 8s. 1894 series
...J&J 1119
Bur.& Mo.(Nel>.) — 1st, Os, 1918.J&J 107
8s, oonv., 1883
J&J 113
Consol. m., 6s, nnn-cxompt..J&J tlOlia
Repub. Valley. 1st. 6s. 1918. J&J
Bur.&Southw.— 1st M., 3s,'95.M&N
18
•
Cairo&St.L.— IstM., 7s, 1901.A&O
100
85
&D
A&O
.
M&N
1
RAILROAD
1
1
. .
'
Price nominal
;
no
late transactions.
t
Tho purchaser
also pays accrued interest.
t
Bid.
A&O
Consol. mort., 7s. 1905
1 102
Cin. H.
I., 1st M., 7s. 1903.J&J
65
Cin.
Indiana 1st M.,7s,'92.JAD 1102
2d mort., 7s. 1882-87
J&J 1871*
&
&
116
120
Cln.&Sp.— 7s, C.C.C.&I, 11(01. A&O
107 14 ™ do .(P""--.L.8.&M.H. 1901 AAO 105
„.
114
Cin. Rich. A Chic— 1st, 7s, '95. J&J t 88
101%
A
Cin. Rich.
F. W.— 1st, 7s, g. .J&D
Cin. Sand'ky
CI.—6s, 1900.. F&A
7s,
52
Cairo & Vine— 1st, 7s, g., 1909. AAO ,50
100
110
Callfor. Pac— 1st M.,7s, g.,'89.J&J 1105
113
2d M.. 6s, g.,eud O. Pac, '39. J&J 95 100
Rockland, Mo.— 6s, '89-99.RR.F&A 194% 95%
3d M. (guar. C. P.), 6s, 1905. J&J 190
25
Sacramento, Cal.— City bonds, 6s
40
do
do
95 100
3s, 1905. J&J
Sacramento Co. bonds, 6s
Camden * Atl.— 1st, 7s, g.,'93..J&J 116 119
Salem, Mass.— 6s, long, W.L..A&0 tll4 115
A&O 102 101
5s, 1904, W. L
J&J 1100% 107% 2d mort., 7s, 1879
Cam.& Bur. Co.— 1st M., 0s,'97.F&A 109 111
8. Francisco— 7s, g..City ACo.. Var. 106
Canada 80.— IstM. .guar., 1908..I&J 84ia
105
do
6s
Cape Cod— 7s, 1881.
70
78
F&A 1105 106
Savannah, Ga.— 7s, old
Var.
20
35
72
Carolina Cent.— 1st, 6s,g., 1923. J&J
70
7s, new
72
Catawissa— 1st M., 78, 1882. .F&A 102 109
69
5s, consols
50
New mort., 7s, 1900
45
F&A 110 112
St. Joseph, Mo.— 7s
Var.
101
50
Cedar F.&Mln.— 1st, 7s, 1907. J&J
45
Bridge 10s, 1891
J & J
Cedar R.& Mo H— 1st, 7s, '91. ..F&A 1112 112ia
Bt. Louis, Mo.— 6s cur., long bds.Var. • 104
101
1st mort., 7s, 1916
M&N 1112% 113
6s, short
Var. tlOO
111
Cent, of Ga.— 1st, cons., 7s, '93. J&J 109
1106 107
Water 6s, gold, 1887-90... J
71
72
106 107»a Cent, of Iowa— 1st M., 7s, g. ..J&J
do
do (new), 1892.
US
106 107% Central of N.J.— lstM.,7s,'90.F&A
Bridge approach, 6s
107
Renewal, gold, 6s
7s, conv, 1902
M&N
Var. 106
97
do assented
Sewer, 6s, gold, 1891 -'93. ...Var. 106 107
107
Consol. M., 7s, 1899
St. L. Co.— Park, 6s, g.,1905.A & O 106
Q—
96%
107
do
Currency, 7s, 1887-'88....Var. 106
assented
102 14 103
Adjustment bonds, 1903
St. Paul, Minn.— 6s, '88-'90. J & D
98 105
80
109
Income bonds, 1908
7s, 1874-90
M&N
70
Small
bonds,
109
1903
83, 1889 96
M&N
Var.
Am. Dock & Imp. Co., 7s,'86 J&J 88
Somerville, Mass.— 5s, 1895.. A&O tl03
LOS
90
do
6s, 1885
assented
J&J 1108 109
50
Leh.& Wilkcstiairo Coal,'88,M&N
6%s,1884
A&O 1109 no
40
50
Small bonds, 1888
Springfield, Mass.— 6s, 1905.. A&O tll4
115
M&N
102
7s, 1903, water loan
Consol., 7s, gold. 1900
A&O 1120 '1 9
Q-M
78
Stockton, Cal.— 8s
do
95 LOO
assented
Cent. Ohio— 1st M., 6s, 1890.. M&S 107% 108 '4
Toledo, O.—7-30S, RR., 1900. M & N 100
105
109
Cent.
Pacific—
8s
105
110%
6s,
1st,
Var.
g.,'95-98. J&J
State Aid, 7s, g., 1884
8s, water, 1893 & '94
Var. 111
J&J 106
Washington, D.C.— See Dist. of Col.
S. Joaquin, 1st M.,6s, g,1900.A&0 100 ia
Wilmington, N.C.— 6s, gold, cou. on
Cal. & Oregon, 1st, 6s, g.,'88.J&J 100
Cal.& Or. C.P.bonds, 6s,g.,'92 J&J llOUa 105 13
8s, gold, cou. on
Land grant M., 6s, g., 1890. A&O 103 14
Worcester, Mass.— 6s, 1892... A&O tll4i.i ill's
5s, 1905
107
108
West.
Pacif., 1st, 6s, g., '99.. J&J
1031s
A&O
92
111
97
Yenkers. N. Y.— Water. 1903
Charl'te Col.&A.— Cons.,78,'95.J&J
111
7.-.
70
2d mort., 7s, 1910
J&J
Cheraw & Darl.— 1st M.,8s.'88.A&0 112
BONDS.
95 100
Ala. Cent.— IstM., 8s, g., 1901.. J&J
50
60
2d mort., 7s
Ala.&Chatt— lst,8s,g.,g'd,'99.J&J
12
Ches. & Ohio— Pur. money fd.,1884 lOO^
9
42% 43
7s, receiver's certs, (var. Nos.)...
6s, gold, series B, int. def. 1908..
20
60
40
Ala. Gt. Southern— 1st mort., 1908 194
96
6s, gold, small bonds, 1908
Alb'y &Susq.— IstM., 7s, '88. .J&J 111
21
II213
6s, currency, int. deferred, 1918.
2d mortgage, 7s, 1885
21
108
6s, currency, small bonds. 1918
A&O
3d mortgage, 7s, 1881
99
Va. Cent., 1st M., 6s, 1880. ..J&J
M&N 100 ....
Consol. inort., 7s, 1906
99 %
A&O 103 ....
do
3d M., (is, 1884... J&J
Allogh. Val.— Gou. M..73-10S..J&J 114%I115
do
4th M., 8s, 1876 ..J&J 104 78
East, exten. M., 7s, 1910.... A&O 103
Cheshire— 6s, 1890-1838
....
J&J 1102 Hi 103
Income, 7s, end., 1894
6s, 1880
A&O 35 36
J&J tlOCs 101
Atch'n&PlkesP.— lst,6s,g.'95M&N 106 120
Chester Val.— 1st M., 7s, 1872.M&N
Atch'n & Neb.— 1st, 7s, 1907. .M&S lOO's 106=8 Chic. & Alton— 1st M., 7s, '93. .J&J 116% 118
Atch.Top.&S.F.— lst.7s,g.,'99.J&J 1113% 114
114
Sterling mort., 6s, g., 1903. .J&J 112
Land grant, 7s, g., 1902
A&OJ1112%|113% Income, 7s, 1883
A&O 105
Consol. mort., 7s, g.,1903...A&O;U12'4 112%
Bds. Kan. C. line, Us.g., 1903. M&N 10618
Laud income, 8s
105
J&J 0103% 109 %i Miss.Rir. Bridge, lst.,s.f.,68,1912
Allan. & Gt.W— l8t,7s, g.,1902.J&J
HIChic. B. & Q.— 1st. S.F.,88, '83.J&J
2d mort., 7s, g., 1902
121
M&S
Consol. mort., 7s, 1903
J&J 11S%
3d mort.. 7s, g., 1902
M&N
Bonds, 58, 1895
J&D 199 % 99%
1st mortgage trustees' certiflc's..
36
58.1901
|34
A&O 101
2d
do
do
56
do
J12% 13 >s Chic. & Can. So.— 1st, 7s, 1902 A&O 50
3d
do
do
6is Chic. Cinn.& Louisv.— 1st M., guar
do
tola
Con. mort. BischoffcertB.,7s, 1892
Cliic.Clin.Dub & Minn.— 7s,'84 F&A
Re-nrgauization, 7s
89
Chic. & East. 111., 1st mort. 6s.
87
Leased L. rental, 7s, g., 1902..I&.1 159
53
61
do
income M., 7s, 1907 50
do
do 7s, g., 1903. J&J tl4
Chic. & Iowa— 2d M., 8s, 1901.J&J
60
16
West. ext. certifs, 8s, 1876.. J&J 142
46
Chic. I'a& Neb.— 1st M., 7s,'88..I&.I 1107
do
do
7s, guar. Erie
Chic.& Mich.L.SIl.— 1st, 8s t '89.M&8 U05
46
142
Atlantic & Gulf— Cons. 7s, '97. J&J 102
105
Chic.M.&St.P.— P.I). si ,8s,'98 F&A 123 12H3
Consol. M., 7s, end. Sav
30
40
P. D., 2d M., 7 310s. 1898. .F&A no's
1st mortgage, 7s
lii"
J&J 100 105
St. P.&Chic, 7s, g., 1902. ...J&J 110
S.«a.& Fla., 1st M. 7s, 1899, M&N 105 108
Mil. & St. P., 2d M.. 7s. 1834.A&0 104
At.Miss.&Ohio.— Cons.,g. 1905.A&O 147
La. C, IstM.. 7s, 1393
19
J&J Ill's
Com. bondholders certs.
.'47
HOis
49
I. &M., IstM., 7s, 1397
J&J
Atl.& St. Law.—St'g 2d, 63 ,g.A&0 :ioi 106
111
I'a. & Dak., 1st M.. 7s, 1399. J&J
3d mort., 1891
113%
Hast. & Dak., 1st M.,7s, 1902.J&J
Bald Eagle Val.— 1st M., 6s,'81.J*J
Chic. & Mil., 1st M..7s. 1903.J&.I
113%
Baltimore & Ohio— Us, 1880. ..J&J 101%
104
1st mort.. consol.. 7s, 1905.. J&J 102
6s,1885
lOOis
A&O loo's; 110
1st M.. I. & D. Ext., 7s, 1908J&J
Sterling, 5s, 1927
J&D ;99ia loo's Chic.& N.W—Sink.f.,lst,78,'8S F&A 110
Sterling, 6s, 1895
M&S 118 115
Interest mort., 7s, 1883
106 1 07 is
M&N
Sterling mort., 6s, g., 1902. .M&S
115
Consol. mort., 7s, 1915
.M&SIU13
Q— 117 119
""
do
6s, g., 1910. M&N
:ii2
114
Exten. mort., 7s, 1385
F&A 102
Bait. & Pot'c— 1st, 6s, g., 1911 J&J J 104
108
1st mort., 7s, 1885
F&A
1st, tunnel, 6s, g., g'd, 1911. A&O 1102
lloia
104
Consol., gold, 7s, op., 1902. .J&D
Bellov.&S.Ill.— lst,S.F.8s.'96.A&0 111
112
do
reg
do
Belvidere Del.— 1 at,6B,c, 1902 .J&D •110
113
Iowa Mid., 1st M., 8s, 1900. A&O 114
2d mort., 6s, 1885
M&S 107 109
Gal. & Chic, ext., 1st, 7s,'82.F&A 104
104%
3d mort., 6s, 1887
F&A 102% 10314 Peninsula, 1st, conv., 7s. '98. M&S
Boston & Albany— 7s, 1892-5. F&A tl2l'-2 122
Chic. & Mil., 1st M., 7s, '98. .J&J
68,1895
J&J rill's 112
Madison ext., 7s, g., 1911. -A&O T108
Bost.Clint.& F —1st M..,6s, '84.J&J
99 >s 101
Menominee ext., 7s, g., 1911.J&D 107
1st M., 7s. 1889-90
J&J rl05% 107
Northw. Un.,lst, 7s, g.. 915.M&8 S105X
N. Bedford RR., 7s, 1894. .J&J 1 106ia 108
Ohio. & Pad.— 1st M., 7s, 1903. J&J
Equipment, 6s, 1885
F4A 99% 100 Chic. Pok.& S.W.— 1st, 8S.1901.F&A
80
Bost. Coiic.& Mon.—S.F., 6s,'89.J&J
193
100
Chie.R.I.&Pac— S.F.,in.,6s,'95F&A
Consol. mort., 7s, 1893
A&O U08 110
11214
6s, 1917, coup
J&J
Bost. Hart.& E.— 1st, 7s, 1900. J&J
31
35
6s, 1917, reg
J&J
1st mort., 78, guar
J&J 28
Ch.St.P.&M>>lis,lst,<>s,g,'18.M&N 102
103
Boston & Lowell— 78, '92
A&O 111514 115% Land M., iuc.iis. g., 1918 ..M&N
90
6s, 1879
A&O I* IOOI4 100% Chic. St. Louis* N.O.— 1st consol. 7s 91 96
68,1896
J&J UO6I3 1071* 2d mort. 6s, 1907
45
40
J&D
New 5s, 1899
J&J 102 110213 Ten. lien, 7s, 1897
M&N 96
Boston & Maine— 7s. 1893-94. J&J »119 120
Chic.&S.W.— lst,7s,guar.,'90.M&N 108 1 10
Bost. & N. Y. Air L.— 1st 7s
106 k...
Cin. Laf.A Ch.— 1st, 7s,g.,1901.M&8
83
70
Bost. & Providence—7s. 1893. J&J
.
Railroad Bonds.
Ask.
Ham. &D.— 1st M, 7*,'80.MAN loo's 101
2d mort., 7s, 1 885
J&J 1 1 00
1031s Cin.
97 %
"90
70
90
MAM 179
.
A
1887 .extended
"
75
91
I
Consol. mort., 7s, 1890
JAD 65
Clev. Col.
1st, 7s, '99.
115
Consol. mort., 7s, 1914
JAD 100
Belief. A Ind. M., 7s, 1399. ..JAJ 105
CAL—
105
70
105
08
120
MAN
104
Clev.AM. Val.— 1st, 7s. g.,'93.FAA
8. F. 2d mort., 7s. 1876
M&8
Clev.
& Pitts.—4th M., 6s, 1892.J&.1
Consol. S. F., 7s, 1900
MAN 114
Clev.Mt.V.ADel.— 1st, 7s,gold,JAJ U41>« 14%
Columbus ext., 7s, gold, 1901
5137% 30%
Colorado Cent.— 1st, 8s, g., '90. JAD * 195
102
Col. Chic A Ind. Cent.—
1st cons, mort., 7s, 1908
AAO 73% 76
2d mort., 7s, 1909
F&A
30
Trust Co.
72%
do
Chic A
20
cert., 1st, cons., assd...
do 2d, assd
Gt. East., 1st, 7s, '93-'95.
Col.AInd. C.,l8tM.,7s, 1904.JA.1
do
2d M., 7s, 1904.M&N
Un.&Logansp.,l8t,78, 1905.A&O
T. Logansp. & B., 7s, 1884.. F&A
&
104
90
97
80
93
94
98 >s
Cin.
Chic A. L-, 1886-'90
Ind. Cent., 2d M., 10s, 1882 .J&J
Col. & Hock. V.-lst M., 7s, '07.A&O
1st M., 7s, 1880
J&J
102%
100
1 106
1100
2dM., 7a, 1892
J&J 1 100
Col. & Toledo— 1st mort. bonds .... 1101
Col. Springf.&C— 1st, 78,1901.
Col.
Xenia— 1st M. 7s, 1 890.
M&S
A
M&S
Conn. & Passump.— M., 7s, '93. A&O
,
73J»
'62%
106
59
110
102"
LO*%
104
105%
1 105
Massawippi, g., 6s, gold, '89 J&J * 195
Conn. Val.— 1st M., 7s, 1901. ..JAJ
51
Conn. West.— 1st M., 7s, 1900. JAJ
18
Connecting (Phila.)— 1st, 6s ..MAS '111
Cumberl.Val.— lstM..8s,1904.AAO *
Dakota Southern— 7s. gold, '9 1, F&A 196
Danb'y A Norwalk— 7s, '80-92. J&J 100
Dan. Ur. Bl. & P.— 1st, 7s, g.-.A&O
65
Dayton & Mich.— 1st M., 7s, '8 l.J&J 1102
20
112
100
'69**
.
102%
2d mort., 7s, 1887
M&S 1100
3d mort., 7s, 1888
A&O 1100 100%
& West.— 1st M.,6s, 1905.J&J 1891a
1st mort., 78, 1905
J&J
Delaware— Mort., 6s, guar., "95. jAj
Dol.& Bound B'k— lst,7s,1905F&A
113
Del. Lack.& W.— 2d M.,7s,'82.M&s
Dayt.
Convertible 7s, 1892
J&D
Mort. 7s, 1907
M&S
Denver Pac— lstM.,7s, g.,'99.M&X
Den.& Rio G.— 1st, 7s, g.,1900.M&N
Des M. & Ft. D.— 1st, 6s, 1901. J&J
Detroit* Bay C.—l st,8s,l902.M&N
118
76
91%
_
Det. L. & North.— lst,7s, 1907. A&O
Detr. & Milw.— 1st M., 7s, '75.
M&N
2d mort., 8s, 1875
Det.&Poutiac, 1st M.,7s. •7-v.I.v.I
do
3d M., 8s, 1880.F&A
Dixon Peo.&H.— lst,8s,'74-89.J&J
M&N
108
110913110%
158
{58
62
62
90
80
105%
DubuqueA Sioux C.— 1st. 7s,'83..I&.I
1st mort., 2d Div., 1894
JAJ
Dunk. A.V.& P.— lst,7s,g..l890J&D 101
East Penn.— IstM., 7s. 1---. M&S 100
E.Tenn.Va.&Ga.— lst.7s,190n..I&.I 100
90
B. Tenn. & Ga., 1st, 6s,'80-8ii..l &J
95
E.Tenn.&Va.,end.,6s, 1836. M&N
Eastern, Mass.— 3%s, g.,1906.MAS 178%
Sterling debs., 6s, g., 1900. M fcS 193
Elmira& VV'msport— 1st, 7s,'80. J&J 107 %
A&O
5s, perpetual
103%
100%
95
100
79
93"
103
83
Erie- (See K. Y. Lake E. & West.)
Erie & Pittsb.— 1st M., 78, '82. J&J
J&J
Cons, mort,, 7s, 1898
100
102
85
7s, '87. J&J 102
55
Evausv.T.H.&Clii — 1st, 7s, g.MAN
AAO 110%
Fitchburg—68, 1898
AAO 119
7s. 1891
104,
104
90
105
—
65
111
120
Fitch. & Wore— 5-20s, 78,1839. J&J 100% 102
OS
FMnt&P.Mar.— lst,ld.gr.3s'38 M&N *92
M&N 26 30
Cons.S. F., 8s, 1902
90
Flint & Holly, 1st, 10s. '88 M&N
Bay C.& E. Sag.— 1st. I0s..82..I&.i 90
95
90
Holly W. & M.— 1st, Bb, 1901.JAJ
Florence & El Dormlo— lst.7s. A&O 101% 102
80
Flushing & N. 8.— 1st, 7, '89. M&N
70
M&N
2d mort. 78
*ir>
55
Ft. W. Jack. AS.— 1st, 8s, '89. J&J
*12
23
Ft.W. Mun.&C— lst,7s,g.,'89.A.v(
192 « 95
Fraui'ghani & Lowell— 1st, 7s, 1 so
7
5
(notes), 8s, 1883
do
92
Frankfort & Kokomo— 1st, 7s, 1908
90
95
Gal.Har.A S A.— lst,6s,g.l910.F&A
90
84
Gal.Hous.&IL— l8t,78,g.,1902.J&J
J&J 116 119
Georgia—7s, 1876-96
103
6s
Gr.Rap. & Ind.— 1st, l.g., g'd, 7s, g. 105
A&O
Equipment, 7s, 1890
Evansv. & Crawf. 1st,
.
,
1
1
l3tM.,7s,
l.g.,
gold.not guar. A&O
91%
Ex land grant, 1st 7s, '99
Greenv. & Col.— 1st M., 7s, "guar."
50
Bonds, guar
7
Hack's'k&N.Y. E.—1st, 7s.'90.M&N
Hannibal & Nap.— 1st, 7s, '88.M&N
Han. & St. Jo.- Conv. 8s, 1835 M&s i.04%
90
90
55
.
Qulucy
&
Pal., 1st. 8s,
1892.F&A
60
Kans. C. & Cam., 1st, 10s,'92.J&J 1115
Harl.& Portchester— 1st M,7s,.A&0 110
Harris!). P. Mt. J t L.— 1st. 6s. .JAJ 106
Housatonio— 1st M., 7s, 1885. F&A
2d mort,
lu London.
6s>
1839
S lu Amsterdam.
J&J
120
116
107
J
I
.
'
THE CHRONICLE.
220
[Vol.
XXIX.
GENERAL QUOTATIONS OP STOCKS AND BONDS— Continued.
For Explanation* See Note*
Railroad Bonds.
Houston
1905
Grand Tr.— 1st M„
A&O U03
A&O *114
J&DJ101
5s,
Ind'lisBl.&
2d mort,,
8s,
'90.A&O 113
54
W.—lst,7s,g.,'09.A&O
Ss,
J&J
1890
Extens'n 1st M., 7s, g.. 1912.J&J
& L. -7s of '97,Low Nos
High Nos
do
do
J&D
3d mort .,7e, 1899
Ind'apolis & Cin., 1st, 7s,'88.A&0
Indianapolis Peru & C. 1st mort
Ind'polis & St.
1 st,7s, 1919.Var
A&O
2d mort, 7s, 1900
Ind'apolis* Vin.— 1st, 7S.1908.F&A
M&N
Equipment 6s, 1882
Marietta* Cin.— lstM.,7s,'91.F&A
1(11
45
111
Sterling, 1st M., 7s,
105
116
103
1131s
2d mort,
3d mort.,
Scioto
Raii-road Bonds.
100
105
102
105
105
107
99ia 101
93
94
2d mort,
t98
H04
7s,
8s,
g.,
1896
1890
& Hock.Val.,
1891. F&A
M&N
J&J
1st, 7s.. M&N
8
14
O—
6s,
1908
M&S
Mass. Central— 1st, 7s, 1893
Meiup. A Charl'n— lst.7s,'80.M&N
Con. mort., 6s,
68, g., reg.,
2d mort,
Mem. &
7s,
1885
J&J
g.,
coup.,
1900
1900.J&J 104
A&O 108
67
105
95
107
100
109
M&S HOO
101
Mort. bonds., 58, 1926
J&J
Con. mort, stg. 6s, g., 1904... J&J
Northern Cent'l Mich.— 1st, 7s
Northern, N.J.— 1st M., 6s, '88. J&J
Norw'h&Worc'r— lstM..6s. , 97.J&J
Ogd'nsb'g&L.Cb.— lstM.6s,'98,J&J
41%
17% 18H
60
30
95
70
35
M&S
1899
112
100
107
110
North'nCent— 2dmort,6s,'85.J&J
3d mort, 6s, 1900
A&O 109>«
87Hi
4119
90
8s,
Ask.
Bid.
Northeast. ,8.C— 1st M.,8s,'99,M&8
100
8.
F.,88.1890
Ohio&Miss.—Cons.
Bait Short L., 1st, 7s, 1900. .J&J
Cin. & Bait., 1st, 7s, 1900. . . .J&J 102
Marietta P. & Clev— 1st, 7s, g., '95
J&D
Cousol. 7s
Mar.& 0.,8s, '92 105% 107
Marq'tte Ho.&
60
100
—
L—
94
118
72
65
Ind'polis C.
ABk.
& Farm'gfn, 6s, 1901.J&J 1100
Portl'd & Ken., 1st, 6s, '83. .A&O 1104
Cons. M., 6s, '95.A&0 U04
do
Mansf. & Fr'ham.— 1st, 7s,'89..J&.I 105ia
Leeds
5
12
Page ot Quotations.
Bid.
106»3 Maine Central—ContinuedA&O
103*3 105ia;
Cons. 78,1912
105
Androscog.& Kon.,68, 1891.F&A
Sterling, 8. F., 5s, g., 1903..
Sterling, gen. M.,6s, g., 1895.
ni.
First
* Tex. C— 1st, 7s, g., '91.. 105%
West. Div., 1st, 7s, g., 1891. .J&J
Waco&N.W.,lst,7s,g.,1903.J&J
A&O 105
Cons, mort, 8s, 1912
M&N 92
Inc. and Ind'y 7s, 1887
Houst. E. & W. Tex— 1st, 7s, 1898
Hunt. &Br. Top-lst 7s, '90. .A&O 114
F&A 100
2d mort., 7s, g., 1895
A&O 42
Cons. 3d M. 7s. 1895
ni. Cent.— 1st M,Chic.&Spr.'98J&J U09
do
Mead of
Railroad Bonds.
Ask.
Bid.
at
8. F. 7s, '98.
Cons, mort., 7s, '98
2d mort.,
7s,
)97i«
99Hs 100
Istmort.Springf.Div., 1905 M&N
Creek— 1st M., 7s, 1882. ..A&O
90
110
110
120
82
Oil
F&A U09ia
J&D 1109
Old Colony— 6s, 1897
6s, 1895
7s, 1895
70
40
98ia
J&J 112H! 1131a
J&J 112H>
A&O
1911
681a
94ia
:93i«
M&S1119
Omaha&N.W.— 1st, 1. g.,7.3.g.J&J ....
Omaha&S.W.— lstM.,8s,1896.J&D 116
100
5
118
96 100
Or'ge&Alex'ndria— lst,68,'73M&N
Metrop'n Elev.— 1st M
110% 2d mort., 6s, 1875
J&J 951a 96ia
Mich. Cent— 1st mort, 8s, '82 A&O
120
M&N
M&N 67 67 14
3d mort, 8s, 1873
Cousol., 7s, 1902
2d mort., 6s, g., guar., 1900.M&N 90
31
M&S 29
4th mort, 8s, 1880
Intern'! & Gt.No.—Int. 1st, 7s A&O
1st M. on Air Line, 8s, 1890. J&J tlll% 112^
63ifl
63
Or. Alex.&M.,lstM., 7s.'82.J&J
Conv. 8s. 1892
F&A
Air Line, 1st M., 8s, guar.. .M&N 103 106
86
Oregon&Cal. 1st M. 7s, 1890. A&O I
Equipment bonds, 8s, '83.. .A&O
1st Purch. Com. Receipts
41
25
Frankfort Com. Rec'ts, x coup... 139
2d
do
22
do
Gd. Riv. V., 1st 8s, guar.,'86.J&I 105ia 107
Osw.&Rome— IstM., 7s, 1915.M&N 95 100
93
Kalamazoo&S. H„ 1 st,8s,'90.M&N
H. & Gt. No., 1st, 7s, g., 1900
M., 8s, '89..T&J
Osw. & Syracuse— 1st, 7s, '80.M&N 100
Conv. 8s, 1892... F&A
do
"84" Mich. L. Shore 1st8s,
55
1901... J&D
45
Ott. Osw. & Fox R.-M., 8s, '90.J&J 116i« 119
83*4
do 1st Purcb. Com. Receipts
Mil. & North.— 1st
25
Panama— Sterl'g M., 7s, g. '97. A&O ;113 115
22
do 2d
do
do
Minn. & St L., 1st m., 1927. ..J&D
107
guaranteed
Paris & Danville— 1st M., 7s .1903
Ionia& Lansing— 1st 8s, '89. ..J&J lll^a 113
do
104
Paris&Doc't'r— lstM.,7s,g.,'92.J&J ....
1'a Falls & Sioux
1st, 7s,'99 A&O 1 1 04 J4 104 >2 Miss. Cen.— 1st M., 7s, '74-84. M&N 101
100 104
Pennsylvania— 1st M., 6s, '80. .J&J 103 103 ifl
2dm., 8s
Ithaca & Atliens.— 1st m.. 7s.g.J&J *108
do
116ia
General mort, 6s, coup., 1910 Q— J 1 15
Jackson Lansing & Saginaw—
Miss.& Tenn.— 1 st M„ 8s, series "A" 110 115
91
111
88
do
6s, reg., 1910.A&O 11714 117ia
8s, series "B"
1st M., 8s,'85, "white bonds" J&J tllO
do
108
Cons, mort., 6s, reg., 1905. .Q—M 106
North Extern, 8s, 1 890
M&N 109 110 Mo. Kansas & Texasdo
6s, coup., 1905.. J&D IO6I2 107
F&A 71=8 72
Cousol. mort., 8s, 1891
M&S 1103^ 104
Cons, assessed, 1904-6
90
NavvYard, 6s, reg., 1881 ...J&J *10O 105
87
Jamest. & Frankl.— 1st, 7s, '97. J&J
1st, 6s. g.. 1899. (U. P. 8. Br.)J&J
A&O 28% 28»a Penn. Co., 6s, reg., 1907.... O J '102 106
2d mort., 7s, 1894
J&D
2d mort, income, 1911
Penn.&N.Y.— l8t.78,'96&1906.J&D llft«J 120
Jefferson— Hawl'y Br. 7s, '87.. J&J
90
Boonev'e B'ge,7s,guar.l906.M&N
50
Peoria Pekin & J.— 1st, 7s, '94. J&J *30
1st mort., 7s, 1889
J&J 102%
Han. & C. Mo., 1st 7s, g.,'90.M&N 109
Perkiomen— 1st M., 6s, 1897. .A&O
Jeff. Mad.& Ind.— 1st, 78,1906. A&O 1112% 1131a
2d, 1892... M&N
do
104
C. M.,guar.,P.&.R.,6g.,1913.J&D ;
2d mort., 7s, 1910
J&J 10* 104 14; Mo.Pac— 1st mort.,6s,gld,'88, F&A
70
Ind'pciis&Mad.,lst,78,'81.M&N 100
Exfd. cps.,Dec.,'77,to.T'e,'80,inc. ;65
I&J 103ia
2d mort, 7s, 1891
Joliet & Chic— 1st M. 8s, '82 J&J 10212 106
Scrip iss. for f'd coup'us,'77to'80 J
Car. B., 1st mort, 6s, g. '93..A&0
107
Joliet & N. Ind., 1st, 7s (guar. M.C.) 102
Petersburg-^ st M., 8s, 79-'98. J&J 114 11-ifl
3d mortgage
J&J 41
Junction RR.(PhiL)— lst,6s,'82 J&J
M&8
2d mort, 8s, 1902
Income, 7s, 1892
106
2d mort., 6s, 1900
A&O *104 107 Mobile & O.— 1st, £; 8s, g. '83.. M&N 70 85 Phil. &Erie-lstM., 6s, I88I.A&O 105
85
J&J 110i£ IIII9
KalamazooAl.&Gr. R.-lst,8s.J&J 102 109
70
2d mort, 7s, 1888
Ex. certif., ster., 6s, 1883.. M&N
Kal.& Schoolcraft— 1st, 8s, '87. J&J 100
M&N 60 70
2d mort. guar., 6s, g., 1920. J&J J103 105
Interest 8s, 1883
25
Kal.&Wh. Pigeon— 1st, 7s, '90.. J&J 102
15
Phila.& Reading—
March
2d mort., 8s, var
97ia:
85ia 88
J&J 103 103%
K.C.Ft.Scott&G— lst,78,1908J&D 97
1st Mort., 6s, '80
New 1st mortgage
39
A&O 115 120
Kansas C. Lawr. & So. l6t, 4s. 1909 73^ 73%
38
lstmort, 7s, 1893
New debenture (1st)
J&J
Kane. C.St. Jo. &C. B.—
Debenture, 1893
Mont&Euf .— 1st, end.8s,g. .'86 M&S 90 105
J&D 1101a 112
lstM.,C. B. &St Jos.,7s,'80.J&J U00 101
Mort., 7s, coup., 1911
Morris & Essex— 1st, 7s, 1914M&N 121ia 124
J&D lOlia 102
K.C.8t.Jos.&C.B.,M.7s,1907.J&J i98 14 98361 2d mort, 7s, 1891
F&A 110 111
Gold mort., 6s, 1911
6s,
1897
do inc. bds, rg.,6s,1907.A&O
56
86
mort.,
55
Construction, 7s, 1889
F&A
Improvement
86ia
K.C.Topeka&W.- 1st M.,7s,g.,..I&J tll3 114
Bonds, 7s, 1900
J&J
New convertible, 7s, 1893. ..J&J
109%
G.s.f.,$&£,6s,g.,1908,xcps.J&J ;75>a 76ifl
Inceme7s
A&O 106 107i«! General mort., 7s, 1901
A&O
88
*,85
60
99
Kansas & Nebraska— 1st mort
Scrip for 6 deferred 13 coupons
55
Cousol. mort, 7s, 1915
J&D
102ia
morl
26
2d
24
Nash.Chat&8t.L.— lst,7s,1913 J&J
Coal & I., guar. M., 7s, '92.. M&S
KansttsPac- 1st, 6s,golU,'95.F&A 119 120
944 Phil.Wil.&Balt— 6s, '92-1900.A&O *107H! 108ia
1st, Tenn. & Pac, 6s, 1917... J&J
1081a
95
1st mort., 6s, g., 1896
Pitts.C.&St.L.— letM.,7s,1900.F&A 108
J&D .... 115
1st, McM. M. W.&A.,6s,1917.J&J
A&O
1st mort., Denver
1899.M&N
Nashv.& Decat'r.— lst,7s,1900.J&J 101 103
2d mort, 7s, 1913
110
109
Land let mort., 7s, g., 1880.. J&J 119
Pittsb.&Con'llsv
I stM.78,'98. J&J
Nashua & Low.— 6s, g., 1893. F&A UO514 106
106
97
Land 2d mort., 7s, g., 1886
Sterling cons. M., 6s, g., guar.J&J J104
93
Nebraska— lst,7s,(end.B.& M.)A&0 109ia 111
127
Leav. Branch, 7s, 1896
Pitt8.FtW.&C.-l8tM.,7s,1912.J&J
M&N 86 90 Newark & N. Y.—1st, 7s, 1887.J&J 90
60
J&J 120
Income bds.No. 11, 7s, 1916.M&S
New'kS'set&8.— lst,7s,g.,'89.M&N
95 100
2d mort, 7s, 1912
A&O
70
do
No. 16,7s, 1916.M&S
N.Haven&Derby, 1st M., 7s,'98.Var 100 103
3dmort.,78,1912
Denver Div., Trust. Rects. ass.
102*8 1021s N. H.&N'th'ton— lstM.,7s,'99.J&.7 114
116
Equipment, 8s, '84, all paid. M&S ;10S 110
34
Detached coup. Rects
Conv. 6s, 1882
A&O 94 96 Pitte. Titusv.& B.—New 7s,'96F&A 30
105
Keokuk& Des M.- -lstos, guar. A&O 93ia 941.J N. J. Midl'd— 1st M., 7s, g.,'95.F&A 46
48
Pleas't Hill &De Soto— lst,7s,1907. 104
35
30
Small bonds'.
9
A&O 90 93
F&A
5
Port Hur.&L.M.— lst,7s,g.,'99 M&N
2d mort, 7s, 1881
Laf. B1.& Miss.— 1st, 7s, g.,'91.F&A
45
70
BO
40
Portl'nd&Ogb'g— lst6s,g.,1900JAJ
N. J. Southern— 1st M.,7s,'89.M&N
20
Laf .Munc.& Bl.— 1 st,7s,g. 1901F&A
5
N'burgh&N.Y.— 1st M.7s,1888.J&J
65
Vt div., 1st M., 6s, g., 1891. .M&N
Lake Shore & Mich. So.—
Portl.&Roch.— lstM.,7s,1887.A&0
N. Lon.&North — 1st M.,6s,'85.M&S
105
H04ia
M.S0.& N.I., S.F.,lst,7s,'85.M&N 111
14
1st, 7s, g., 1903.
2d mort, 7s, 1892
J&D
Pueb'.o & Ark.
110
Cleve. & Tol., 1st M.,7s, '85.. J&J
Quincy&Wars'w— lstM.,8s,'90.J&J 113
N.O.Jack.&Gt.N.— IstM., 8s'S6 J&J 110 112
125
do
2d M., 7s, 1886.A&0 109
2d mort., 8a, 1890, certifs ..A&O 104 107
Ren.&S'toga— 1st 78,1921 cou.M&N
125
CI. P. & Ash., 2d M., 7s, '80. .J&J 100%
2d mort. debt
A&O 100 104
1st 7s, 1921, reg
98
do
3dM.,7s, 1892.A&0 11
47
N.O.Mob.&Chatt— l8t,8s,1915.J&.I
43
Rich'd&Dan.— Con.,6s,'78-90.M&N 95
117ia N.Y. & Can.-£ M.. 6s, g., 1904.M&N J96
97
Bufl.&E.,newbds, M.,7s,'98.A&0
95
98
General mort, 6s, gold
A&O 100 112
Buff. & State L., 7s, 1882.... J&J
N.Y. Ceut & Hud.—
Piedmont Br., 8s, 1888
116ia
Det. Mon. & Tol., 1st, 7s, 1906.
Mort., 78, coup., 1903
J&J
124V Rich. Fred. & Potomac— 6s, 1875... 108
124ia'
J&J 99
LakeBh. Div. bonds, 1899.. A&O
118% Mort., 7s, reg., 1903
Mort, 7s, 1881-90
J&J
120
I* 8.& f I. 8., cons., cp., 1st, 7s. J&J
Subscription, 68, 1883
M&N 104'a
Rich. &Petereb., 8s,'80-'86...A&O 107
120
M&N 97
do cons.,reg.,lst,7s,1900.Q—
117
Sterling mort., 6s, g., 1903... J&J 1115
New mort., 7s, 1915
114
do «jns.,cp.,2d,7s,1903..J&D
RomeWat'n&O.—S.F.,7s,1891.J&D 102 105
N. Y. C, premium, 6s, 1883. M&N 105 is
do cons., reg.,2d, 78,1903. J&D 113 114
J&J
80
do
J&D 107ia
2d mort., 7s, 1892
68,1887
Lawrence— 1st mort., 7s,1895.F&A
A&O 6314 64
real est, G8. 1883.. M&N 104ia
do
Consul, mort.,78, 1904
Lehigh & Lack.— 1st M.,7s, '97.F&A
90
Hud. R., 2d M., 7s., 18S5....J&D 110
Rutland— 1st M., 8s, 1902. .M&N 185
Lehigh Vol.— let M., 6s, 1898. J&D 114 115
110ia
F&A 59 60
N. Y. Elevated.— 1st M., 1906.J&J
Equipment, 5s
2d mort., 7s, 1910
126
M&S 122 123ia N.Y.&Harlem—7a,coup.,1900.M&N
Sag.Val.&St.Louis— IstM. 8S.M&N
Gen. M., s. f., 6s, g., 1923... .J&D 107 109
7s, reg., 1900
M&N 124ia l'JSV Sandusky M.&N.— 1st, 7s,1902. J&J 101 103
Delano Ld Co. bds, end.,7s,'92J&J *100
Savannah&Chas.— lstM.,7s,'89J&J
N. Y. Lake Erie & West. (Erie)
Lewiso. & Spruce Cr.— 1st, 7s. M&N
60
50
123
Chas.&Sav..guar.,'0s, 1877.M&S
1st mort., 7s,1897,exteudedM&N 121
Little Miimi— 1st M., Gs,l 883.M&N ilOO
102
2d mort.,78, 1879
M&S 1031a IO414 Scioto Val.— 1st M.. 7s, sink'g fund 1 101 103
108
L.Rock&Ft.S.— lst,l.gr.,7s'95.J&J 140
3d mort, 7s, 1883
M&S 107ii 109 Shain.Val.&P— lst,7s, g.,1901J&J "106
Little Schuylkill— 1st, 7s, '77. A&O
25
4th mort, 7s, 1880
Sheboyg'nA F-du-L— l8t,7s,'84J&D *
A&O 104
Long Island— 1st M., 7s, 1898. M&N 105 106ia
5th mort, 7s, 1888
Shore L., Conn.— 1st M.,7a.'80.M&S 102 103
..J&D 109
Newtown & Fl., 7s, 1903 ...M&S
80
1st cons. M.. 7s, g., 1920. ex. M&S HOie
SiouxC.&St.P.— lstM..8s,l901M&N
N. Y. A P.ockaway, 7s, 1901.A&O
80
New 2d o»us\ 6s, 1969
J&D 72
723s Sioux C. & Pac, 1st M., 6s, '98. J&J
Smitht'n & Pt. Jeff., 7s, 1901 .M&S
1 st cons, fund coup.,7s, 1920 MAS
So.&N.Ala— lst,8s,g.,end.'90..J&J 100 115
Louis'a & Mo.R.— 1st, 7s, 1900F&A
99
107
M&N :97
2d cons, f'd cp., 5s,1969
J&D 70-% 70 7s: Sterling mort, 6s, g
2d mort, 7s, 1900
95 100
100
M&N
Long Dock mort., 7s, 1893. .J&D
116
So. Carolina— 1st M.,7s,'82-'88.J&.!
Lou>v.C.& Lex lst,7s,'97 J&J (ex) tllO^ 110% N.Y.&N.Eng.— 1st M., 1905... J&J 102ia 103
1st, sterl. mort, 5s,g.,'82-'88.J&.
2d mort, 7s, 1907
40 "56"
A&O 91! 96ia N.Y.&Os.Mid.— 1st M.,?s,g,'94.J&J 15ia 16V Bds,7s,'02,2d M.,uueiijoinedAAt
Louisv.&N.— Cousol. 1st, 7s,'98 A&O 112
10
Receiver's certifs. (labor)
66
56
Bds., 7s, 2d mort. euliiined A&O
2d mort.,78, g., 1883
90
95
M&N 102% 103
do
do
56
South Side, L.I.— lst,7,1887...M&S
(other)
Cecilian Br., Ts, 1907
M&S IO2I2
N.Y.Prov.&B'n— Gen. 7s, 1899. J&J tll7
do
8. F., 2d, 7S.1900.M&N
Louisville loan, 6s, '86-'87..A&0 102
IO212I
ids'
6s, due 1SSO
199
South Side, Va.— lst,8s,'84-'90.J&J 105
Leo. Br. cxt, 7s, '80- '85
J&J
102 102»al Norrk&Petersb.— lst.M.,8s,'87.J&J 107
87
2d mort, 6s, 1884-'i)0
Leb. Br. Louisv. 1'n, 6s, '93.. A&O 102
J&J
10.:
84
1st mort, 7s, 1887
J&J 105 110
3d mort, 6s, 1886-'90
Hem.A 0.,stl., M.,7e, g.,1901J&D '110 112
60
75
2d inert, 8s, 1893
J&J 102 106 So. Cen. (N.Y.)— 1st 7s, 1899.. F&A
M.&Clarksv.. st'g,6s,g., 1902 F&A 1 101
103
North Carolina— M., 88, 1K78.M&N 109
2d mort. 7s, gold. 1882, guar
104
L. Paducah & B.W.— Ss, 1890.. M&S! fl ..
North Missouri— 1st M., 1895.. J&
114
80. Minnes'ta— lstM.,78 (pink).I&J 100
Macon & Aug.— 2d, end.,7s,'79.J&J' 95 100
JAJ 100
North Penn.— 1st M., 6s, 1885. J&J ids ia 110
1st mort. 7s, 1888
Maine Cent— Mort. 7s, 1898. ..J&J 1110 111
95
90
2d mort, 7s, 1896
Extension
M&N 117 119
Exten hnnda. fi«. g.. 1Q/W A &( > f96
9**
no
95
dim. mni't. 7«. 1Q03
..T*.ll 1 11 la 114
8o.Pac.Cal.— 1st.fis.sr loor, -1; .[.«.!
78
40
103
95
73
30
101
L.
Rock— 1st,
7s
., 1908, J&J
45
1021a 103
.
!
I
:
C—
1
—
1
,
.
.
I
1
I
. .
I
!
]
—
I
!
. .
,
1
!
I
I
V—
!
;
;
'
.
I
. .
;
i
1
I
—
!
I
V
!
V
[
'
*
Price nominal
;
no late
ti
ansactione.
t
The purchaser
also pays accrued interest.
t
Id London.
H In Amsterdam,
.
August 30
F
.
THE CHRONICLE
1879.1
221
GENERAL QUOTATIO-VS OF STOCKS ASD BOXD3— Continued.
For Explanations See
Bouthwe8tern(Ga.)— Conv.,7s,18S«
105
09
2d uiort
Bt.Ij.Alt.&T.II.— 1st M.,78, '94.J&J
2d mort., pref.. 7s. 1 894 .... F&A
115
1st 7s, pf. Int. accumulative
2d
accumulative
6s, int.
.
L&
1st, cons., 7s, g.,
F&A
1902
Evansv. H.&N.,lst,7s, 1897. J&J
StL. Jaoks'v.&C— 1st, 7s, '94. A&O
Bt.LVand.&T.H.-lstM.,7s,'97.J&J
MAN
M&N
JteD
M&N
2d, 78,guar., '98
Paul & Pac let sec, 7s... J&D
—
St.
2dseo.,7s
Cons., 7s
Bonds of 18(59,78
&
J&J
7s
Bt.L&3anF.— 2ilM.,cla8sA,'O0M&N
M&N
2d M., class B, 1906
M&N
do elassC, 1906
Vincent
8t.
B..
South Pacific.— 1st M, 188S .J&J
Bum mil Br.— 1st, 78, 1903
J&J
Bunbury&Erie— 1st .M., 7s,'77.A&0
Bunb. H.& Wilkesb. l8t,5s,'28,M&N
8usp.B.&ErieJuuo. — l8t M.,7s
Syr.Bing.&N.Y.—consol.7s,'06A&O
Terre H.& Ind.— 1st M., 7s,'79.A&0
Texas & Pac— 1st, 68, g.1905 M&S
Consol. mort., 6s, gold, 1905. J&D
Inc. and land gr., rev-, 1915. July
Tol.Can. S.&D't.— lst,7s,g.l906J&J
Tol.P.&W.— l8tfl,E.D.,78.'94..J&D
1st mort., W. D.. 7s, 1896. .F&A
.
J&D
Burl. Div., 1st, 7s, 1901
& Bl'k R.— 1st M„
7s,
& Can.— New M.
J&J
(
8s
Prof., 6
do
106
do
2d. prcf
]l03-s
Washington Branch
70
Parkersburg Branch
10
Boston & Albany
iSS
J&D
M&N
1887. .J&J
29
22
Viok.&Mer— lstM..end.,7s,'90.J&J
2d mort, end., 78, 1890
J&J
45
30
8tanstcad
&
8.
C., 7s,
Virginio&Tenii.— M.,6s, 1884. .J&J
4th mort., 88. 1900
J&J
Wabash— 1st
2d
M.,ext.,7s,'90,ox. F&A
M&N
M&N
mort., 78, 1878
Equipment,
7s,
1883
Cons, mort., 7s, 1907.con ,exQ—
1st. St. L. div., 7s, 1889, ex. F&A
Gt. West., lll..lst,7s, '88,ex.F&.\
do
do
do
Q'ncy
& Tol.,
2d, 7s. '93,ex.M&N
1st, 7a,'90, ex.M&N
&8. la.. 1st, 7s. '82„ ex. F&A
Wabash Fund, int. Bds., 1907—
HI.
In & III. Div. 7s
F&A
Lake Erie Wab. & St. L. 7s ... F&A
Gt. Western 1st mort,. 7s... F&A
Illinois & South. Iowa 7s... F&A
.
Consol. Convert., 4-5-6S
27
10
106
120
10
3
23
23
nominal
;
no
5 -a
75
80
70
117
41
93 »a
42 "a
&
1
I
113
80S*
56
14
9
90 k>
140
57
15-
2V
.
llhk,
123 kl
156
do
pref
50
& West., $1 paid
do
Pref, $2 paid
New York & New England
100
24
45
30
N. Y. L. Erio
Haven & Hartford ..100
New York Providence & Bos. .100
North Pennsylvania
50
Northern Central
50
Northern New Hampshire
100
Northern Pacific, common
100
do
Pref
100
7
Norwich&Worcester.loased.lO.lOO
13
Ogdon8burgh & Lake Champ. 100
10
do
Pref.,8. .100
29
28
Ohio & Mississippi
100
86ia 87 -a
do
Pref
100
llllo Old Colony
100
N. Y. N.
.
.
.
.
120
J45
5
2
12K
46
lSkj
83
§10
87
16
44% 44%
liokt 120
16
16*
60
61
16
15%
100
40
100
Chicago & Alton
109
do
Pref., 7
160
113-a Oswego & Syracuse, guar., 9.
Chicago Burlington & Quinoy.. 100
.50
49
48
Pacific of Missouri (new)
100!
Chicago Clin. Dubuque & Minn. 100
55
50
Panama
Chicago & East Illinois
lOOi 134
Chicago Iowa & Nebraska
100 131 131-a Pennsylvania Railroad
50 §41
63 14 63 3j Pennsylvania Company
Chicago Milwaukee & St. Paul. 100
50
93% 9414
do
Pref., 7.100
Pref
50:
do
7378 74
Philadelphia & Erie
100
Chicago & North Western
50 §10
97
96
do
Pref.,8
do
Pref., 7.100
50
Philadelphia & Reading
Chicago & Rock Island
100 1381a
50 §18%
12
do
Pref;, 7
Chic. St. L. &N.
100
50 §
37
88
Phila. & Trenton, leased, 10.
100 -146
Chicago St. Paul & Minn., com 100
Phila. Germ'n & Nor., 1'sed, 12. .50 §103
pref. 100
do
22
25
Phila. Wilmington & Bait
1 00
Chicago & West Michigan
50 §60
Pittsburgh Cincinnati & St. L...50
Cin. Hamilton & Dayton
100 32-a 35
"5"
§7ia
7»8 Pittsb. & Connellsville, leased. ..50
Cin. Sandusky & Cleveland
50
§3-4
33
Pittsburg Titnsvillc & Buffalo... 50
Pref., 6.50 §30
do
50
Pittsb. Ft. W. & Chic, guar., 7.100 112
Clev. Col. Cin. & Indianapolis. .100
special. 7.100 11)2
do
Clev. & Mahoning Val.. leased.. .50
98=8 Pleasant H)U & De Soto
98
100 •40
50
Clev. & Pittsburgh, guar. ,7
7ia
8
Portland 8aco& Portsm.,l'8Cd 6 100 looki
Col. Chic. & Indiana Contral. .100
9
10..
90
80
Portem'th
Falls
Conway.
Hocking
Valley
50
Gt.
&
Columbus &
Providenco & Worcester
100 104
Columbus & Xeula, guar., 8
50 115
58
79
Pueblo
Arkansas
Valley
100
-a
80
&
Concord
50
Rensselaer & Saratoga
100
Concord & Portsmouth, guar.,7 100 115 120
Republican
100
113k>
100
44
Valley
Connecticut & Fassunipsic
43H!
k
18
Richmond & Danville
100
Connecticut River
100 139 140
Richmond Fred.
100
Cumberland Valley
50
do
guar. 6.... 100
Pref
do
do
50
do
guar. 7
100 90
do
Dayton & Michigan, guar., 3k>..5() 32 k 35
43
Richmond & Petersburg
106
100
Pref., guar., 8.50 105
do
Ogdensb
.100
Rome
Watertown
&
Delaware
50
Rutland
100
3k.
100 "80
too"
Delaware & Bound Brook
17
do
Pref.,7
100
50 563s 56 -a
Delaware Lack. & Western
10
20
100
22
St. Joseph & Western
Denver & Rio Grande
40
St. Louis Alton & Terre Haute. 100
Det. Lansing & Northern, com .100
15
98
do
do
Pref. 100
pref. 100
99
do
do
Belleville & 80. 111., pref
100
62 k
Dubuque & Sioux City
100
50
St. Louis Iron M'n & Southern. 100
East Pennsylvania, leased
assented
do
East Tennessee Virginia & Ga. 100
100
Eastern (Mass.)
16
I6ki St. Louis Kansas C. & North. .100
72
pref.,
10.100
do
do
100
Eastern in N. H
75
12%
100
20
St.Louis&San Fran
Eel River
100
16'g
§'32
Pref
100
do
Elmira & Williamsport, 5
50
8
41
1st pref. .10'
do
Pref., 7. .50 §•48
do
50 82
St. Paul&Duhith
Eric & Pittsburg, guar., 7
do
pref
100 1163. 117%
Fitchburg.
Schuylkill Valley, leased, 5
50
30
Florence El Dorado & Walnut V. 100 •20
100
Seaboard & Roanoke
Frankfort & Kokomo
50
95
100
guar
do
Georgia Railroad & Bank's Co. 100
Shamokin Val. & P., leased, 6. .50 S ..
Grand River Valley, guar., 5.. 100
leased.
'l22
8.
.100
19 1.1 Shore Line (Conn.),
18».
Hannibal & St. Joseph
100
100
40
South Carolina
Pref., 7.. 100
41
do
100
Southwestern, Ga., guar., 7
Harrisburg P. Mt. J.& L, guar.,7.50 §'56
57
100
Syracuse, Bingn'ton & N. Y
100
Housatonic
Ok?
50
Branch,
Pa
Summit
100
do
Pref.,8
100 90
Terre Haute & Indianapolis
Houston & Texas Central
100
12
1
100
Peoria
&
Warsaw
Toledo
Huntingdon & Broad Top
50
3
\\
2
do
do
1st pref. 100
Pref... 50 y*«k
do
do
8
1
pref..
100
S7
do
do
2d
Illinois Central
100
86%
United N. Jersey RR.& C. Co. .100 lliki
ludianap's Cin. & Lafayette
50
100 76
Union Paeiflo
105
Joff'v. Mad. & lud'p's, I'sod. 7..100 103
100 12k)
Ve:inou' & Ct.jauj, eased
Joliet & Chicago, guar.. 7
100 110
100 118
leased,
6
Vermont & Mass.,
Kalamazoo A. &Gr.R., guar., 6.1 00
30 14
Kansas City Ft. Soott& Gulf... 100
14 ki Wabash
18 y
50 93
leased,
7
pref. 100
do
do
34 k 33k! Warren (N. J.),
50|
Kansas City Lawrence & 8 > ... 100
37 k 38 -a Westchester & Phila.. pref
50
Kansas Citv St. Jos. & Conn. B.100
2lki West Jersey
24
West. Maryland
Kansas City Topeka & West'n. 100 xlOO 10:
45
Southwestern
..100|
WichitaA
Kansas & Nebraska
4
Kansas Pacific
50 53k 55 "a Wilmiugt'n & Woldon, leas'd, 7.1O0|
1001
Nashua
&
Woroeater
100
Keokuk & Des Moines
i"ooi«
.
160
11
.
&P
80
10 'a
147
104
63%
114
60
'
10
106
39
tot
114,
20
,
20
4'B
18
12.
IO
18
21
53%
12-U
16»e
M
II
M
.
74%
I
'.
10
.
F&A
1'..
45'e
31
158
17%
i
92
late transactions.
59
114
41
48
59
12
44
42
102
110
70
50 -a
32
17
I
97
107 "a
90
89
91
Weatoli'r& Phil.- Con8.,7s,'91. A&O 110
117
West'n Ala.— 1st M., 88, '88... A&O 109
113
2d mort., 8s, guar., '90
A&O 109 113
West. Md.— End., 1st, 6s, 90.. J&f 111
118
1st mint., 6s, 1890
J&J 100 106
End., 2d mort., 6s, 1890
J&J 114 118
2d mort., pref., 6s, 1895
J&J 70
75
2d, end. Wash. Co., 6s, 189.1 J&.l 108
3d, end., (is, 1900
J&J 114 116
West'uPouu.— latlM.. 6s, '93.. A&O 103 k> 105
Pitts, lir., IstM., 08. '96
J&J 102 101
West. Onion RR.— lstM.,7s,'90F&A
95 105
W. Jersey— Debent. 6s, 1883.. M&S
1st mort., 6s, 1896
J&I 108 111"
Consol. mort.. 7a, 1890
A&O 110 114
Wichita&S.W.-lst,78,g.,guar.,1902 1103
101
WIl.Col.&Aug.— lst.\I..7s,l90O.J&D
37 >a 40
WI1.& Weldon-S. F., 7s, g., '96.J&.II 103
112
Wis. Oeut.— 1st, 7s, soups, uufiind.
38
43
Wimma&St.Pet.— lstM.,7s,'87 .J&J' 108 -a
2d mort., 7a, 1907
M.kNi
|107
Ex.. I. e\. mort.. 7s. '!.. 1916. TVD' iro«'«'
I'rie-
Milk,
.
83
Warron (N.J.)— 2d M., 7s, 1900. ..
Warreu&Fr'kln— lstM.,7s,'90.F&A
'
!•
53% 54%
ioo
1 06
140
100
40k!
Marietta & Cin
50
1st pref
50
2d pref
50
Memphis & Charleston
3
25
Metropolitan Elevated
100
Michigan Central
100
SOU
Mine Hill 4 8. Haven, leased.... 50 §55
Missouri Kansas & Texas
13'4
100
Mobile & Ohio
1 00
*'.>•"»
Morris & Essex, guar., 7
BO
Nashville. Chat. & 8t. Louis
25
Nashua & Lowell
93
100
Nauga" tick
1O0 187
Nesiiuehonlng Valloy, leased, 10.50 §56
New Haven* Northampton
12
100
New Jersey Southern RR
100
2kl
N. London Northern, leased, 8. 100
New Mexico & 80. Pad He
1 00
N. Y. Central & Hudson Ri v
1 00
117kl
New York Elevated
121kl
New York & Harlem
50
137
10
fc
lib
*
.
I
Toie
Decatur & E.St. Louis 1-3-68. F&A
Quinoy & Toludn 4-5-6S
F&A
Toledo & Wall. 2ds. 4-5-6S..F&A
Wab. & Western 2ds, 4-3-63. F&A
Great Western 2ds, 4-3-Os. F&A
100
100
"
!
100
92
100
100
80
74
«7
50 111
5o §47
50
.
116
117
40
105 kl
89 '4
1st pref. ..100
2d pref.... 100
67%
Manhattan Railway
123^2 121
100 110 111
101
101 -a
...
Cheshire, pref
98 -a 100
113
115
lod
89 >4 90 -a
94
Rock A Port Smith.
8
i
95
MisslBsqitoi, 7s, 1891
5
J&J
Verm't& Mass.— 1st M., 6s, '83. J&J 1103
Couv. 7s, 1885
J&J )113
Vermont Cen.— let M., 7s, '86.M&N
9
2d mort., 7s, 1891
I
Income extension 8$
Little
i
.
95
84
Bid.
100
50
SO
100
J2%
99
'78.J&J
Mort., 7s, 1891
Verm't
com
100 145
100
100 13(1 -a
•90 100
9
Bost. Clint. Fltchb. & New Bod. 100
05
113
do
do
prof 100
107 109 '2 Bost. Con. & Montreal
100
75
90
88
do
Pref., «... 100
Boston & Lowell
500 73ks
Boston & Maine
100 lid's
JBoston & New York Air Line, pref.
Boston & Providence
100 120
03
Boston Revere Beach & Lynn. 100
80
78
99
100
Buff. N. Y. & Erie, leased
58
Burlington C. Rapids& North. .100
53Hi
52
53
100 113k)
Burlington & Mo., InNcb
98-2 Camden & Atlantic
50 §39
190
94
do
Pref
50 5*7
117
100
Canada Southern
84
86
50 §11
Catawlssa
90 100
50 §43
Old, pref
do
110 110
50 ill
New, pref
do
100
Cedar Rapids & Mo. and la. Ld.lOO 101 "a
103 "a
do
Pref., 7
100 108
66
79
100
Central of Georgia
50i«
31
100
Central of New Jersey
60
70
50 §30
Central Ohio
Prof
50
do
100
Central Pacific
100
Charlotte Col. & Aug
BO
Chesapeake & Ohio, common .100
6kl
00
7
Railroad Stocks.
Lake Shore & Mich. So
Lawrence (Pa.l, leased, 10
& Savannah, leasod...l09
Baltimore & Ohio
100
105
108
113 J-j
UnlonPac.— 1st M.,6s,g.'96-'99.J&J
109
Land Grant, 7s, 1887-9
A&O 113ia 114
Sink. F., 8s, 1894
M&S 113% 113?8
Ora. Bridge, stcrl. 8s, g., '96.A&0 (116
118
Reg. 6«. 1893
M&8 111
Unluo & Titusv.— 1st, 7«, 1890.J&J
48
50
Utica
80
80
Augusta
90
do
2dM., 7s, 1880
A&O
Puroh. Coin. Rec't 1st M., E. D... 107*
do
1st mort, W. D... 107
33
do
Burlington l>
1st prcf. Inc. for 2d mort.
do
fcrcons'd
United Co's N.J.— Coii8.,6s,'94.A..v.O '108
Sterling mort., 6s, 1894
MAS J114
do
68,1901
M&S U15
Cam. & Amb., 6s, 1883
F&A 103
do
68,1889
J&D 105
do
mort., 6s, '89. M&N 113
Utah Cen.— 1st M., 6s, g.,1890. J&J
Utali Southcni— 1st 7s, 1891
Ask.
175
175
Little Miami, leaned, 8
3>4 Little Schuylkill, leased, 7
91
Long Island
Albany & Sustiuch., Guar., 7. ..100 88
Louisville & Nashville
Allegheny Valley
SO
Atchison & Nebraska
100 49kj 49% Lykoiis Valloy, leased, 10
Atchison Topoka & Santa Fe..l00 xlOl loik- Macon & Augusta
5
Maine Central
Atlantic &Gul',f iar., 7
100
iii" Manchester
100 :i 13
\l 1. & St. Law., leased, 6, £
Lawrence
93
96-9
Bid.
RAILROAD STOCKS.
Lim., B,
60
112
94
67
43
I.
Pace or Quotation*.
Ijohigh Valloy
Par.
Ala. Gt. South.— Urn., A., 6s,prcf
-J'-j
M&N
Mt.— 1st, 7s. '92,."&A
8t. Louis <b
MAN
2d mort., 7s, g., 1897
A&O
Cons. mort.,7«, g., 1914
Ark. Br. 1. gr., M„ 78, g., '97.J&D
Cairo Ark. & T..lst,7s.g., 97.J&D
Cairo <b Ful., lst,l.g.,7s,g.,'91.J&J
8t,LK.C.&N.(r.est.&R.),7B,'95M&S
Omaha Di v., 1st 7s, 19 19 ... A&O
8.E.— Con. M..78. g.,'94M&N
St.
First
Worc'r & Nashua— 5a, '93-'95 Var.
Nash. & Rood., guar., 5s, '94.A&0
30
1894
7s,
Head of
at
. .
8teubenv.&Ind.— lstM.,68.'84.Var.
Hi. Joseph & West.— 1st mort.
2d Income,
-
Railroad Bonds.
Ask.
Bid.
Railroad Bonds.
\
.
125
1...
—
I
t
An
•"•»*
The purchaser also pays accrued
7
06
4
•
6
He'.
1
76k>
13
1
10
36 kv
5
eo
37
I 'Ml
interest.
I
In London.
1 1n Amsterdam. § Quotation per share.
——
.
%
%
.
THE CHRONICLE
222
XXIX.
[Vol.
GENERAL QUOTATIONS OF STOCKS AND BONDS— Continued.
For Explanations See Notes at Head or First Page of ((notations
CANAL BONDS.
Cbesap. & Delaware—
1st mort. 6s, '86 J&J
Chesapeake & Ohio
,
Q.-J
68,1870
Ask
Bid.
Canal Stocks.
so
lstext., 1891.
.M&N
J&J
1884
Coup. 7s. 1894. A&O
..A&O
Keg. 7s, 1894
let Pa.D.cp.,7s,M&S
do
reg.
7s,M&s
&
Kan.—
Riv.
lstniort., 6s. ..M&N
2dinort., 6s..
James
M&N
Lehigh Navigation6s, reg., 1884.... Q-J
RR. 6s, reg., '97.Q-F
Deb.6s, reg.,'77,J&D
Conv.6s,reg.,'82J&D
do 6s,g.,rg.,'94M&8
68,g.,cp.&rg..'97J&D
Consol. M., 7s.. J&D
Louisville & Portl.
3d mort., 6s
4tli mort., 6s
Morris—
Boatl'n,reg.,'85A&0
New mort
Pennsylvania—
6s, coup.,
Schuylkill
1910.. J&J
Nav.—
lstM.,68, 1897.Q-M
2d M„ 6s, 1907.. J&J
Mort. 6s, cp.,'95 J&J
6s,imp.,cp.,'80M&N
6s,bt&car,1913M&N
7s,l)t&car,1915M&N
Susquehanna—
6s, coup., 1918.. J&J
7s, coup., 1902. J&J
Unionist M., 6a, '83..
M&N
CANAL STOCKS.
Chesapeake
&
Par
Del. .50
35
GO
103
.
.
MINING
Y
47%
24
do pref.50
Susquehanna
50
STOCKS.
(N.H.) 1000
Androscog'n (Me.). 100
Appleton (Mass.) .1000
Amer'n SS.Co.(Phil.)—
6s, R. C, 1896.. A&O 101
Bait. Gas Light 6s.
100
Canton (Bait.)—
£6s. g., 1904. ..J&J 108
Mort. 6s,g.,1904 J&J 108
Un. RR.,lst. end.,6s. 108
do.2d,end. Os,g.M&N 104
101%
105
;89
|37
'14
105
91
42
16
J60
65
2d series, 8s,'81M&N 102
3d series, 8s,'87F&A 101
4th do
8b,'92F&A 107
Deb'nt're,7s,'88A&0 100
103
102
Mariposa Gold L.&M.Cons. M., 7s,'86.J&J
Pullm'n Palace Car-
A&O
Stlg, 7s,g.,1885
Spring Valley—
W.W.,lsts,1906.M&S
Western Union Tel.
7s, coup.. 1900.M&N
7s reg.. 1900..
Bterl'g 6s, 1900.M&t
M&N
107%
100 12
103%
St.Charlos Bridge, 7s
97
114
US
115
107%
108ia
18
28
MISCELLANEOUS
STOCKS.
Amer.
Amer.
Dist. Tel
2E
Dist. Tel. (Bait.;
& Pac. Tel 100
Boston Land
10
Boston Water Power.
Atlan.
.
.
Brookline (Mass.)L'd^
Canton Co. (Bait.). 100
Cent. N.J. L'd Imp.lOl
CIn. & Cov. B'dgo pref
Equitable Tr.(N.Y)10(
Gold & Stock Tel .... 21
Louisville Bridge
McKay Sew'g Mach.lc
Merc'ntile Tr.(N Y)10C
N.E. Mtg.8ecur.(Bost.
N.Y.Life&TrastCo.lOl
O. Dominion S8.Co.10f
Pacific Mail 88. Co.lO(
Pullm'n Palace CarlO(
34% 35 %
3%
2%
214
*
3?8
214
2%
38
15
105
83
IO914 110
29
30
94
369
05
70
x90%
Star
Superior
.
& MISCEL,
38
124ia 125
25
141
1775
1080
137
700
674
125
625
26
141
1780
1100
72
25
74
8
10
|15
75
1175
80
1200
25
American Coal
Big Mountain Coal 10
4i4 Buck Mount's. Coal. 50 542
Butler Coal
25
Cameron Coal
10
$4
93
12»8
Price nominal ; no late transactions.
t
Leeds
Leopard
Leviathan
;Luoerne
May
100
10
12
153
10
The purchaser
100
8ilverHill
Southern StarG&SlOO
1-65
27%: South Hite
14% Standard
Tioga
Tip Top
2
15
105
Trio
•16
Tuscarora
1713 Utah
57%
Union Consol
48
BANK
60
STOCKS.
Baltimore.
Bank of Baltimore 100 114
Bank of Commerce. 25 13
115
15
30
26
25
1414
14
Citizens'
10
190
Com. & Farmers'.. 100 100%
32
Farmers' B'k of Md.30
29
2
45
Farmers' & Merch. .40
41
10c Farmers'&Planters'25
33% 35
10c First Nat. of Bait. .100 110
12I3
3
Frauklin
5% 7
German American... 100 108
Chesapeake
Howard
1
29
103%
20
160
96
70
32
Boston.
100 135 137
100 111 112
Blackstone
100 102i4 102%
Blue Hill
100 92% 94
Boston Nat
100 96 100
Boylston
100 103% 104
90
Brighton, (Nat.). ..100
87
Broadway
Bunker Hill
21
1'35
OS
9%
3-25
4-75
7
3-65
100
100
Central
100
100
City
100
Columbian
Commerce
100
Commonwealth ... 100
Continental
100
Eagle
100
Eliot
100
Exchange
100
Everett
100
Faneuil Hall
100
First National
100
Fust Ward
100
Fourth National.. 100
100
Freemans'
100
Globe
100
Hamilton
Hide & Leather... 100
Howard
100
80
160
89
110
137
85
163
105%
1053s
95
88
92
90
111
104% 105
105%
105
135% 136
92
125
180
80
85
82
99 100
103
102
109% 110
88
121
177
75
104% 105ii
104% 105
80
100
142
105% 106
4-75
100 172 173
Maverick
112
18
Mechanics' (So.B.)lOO 110
93
100
88
16's Merchandise
100 128% 127
Merchants'
•61
99
100 97
Metropolitan
•15
100 170
Monument
95
93
100
Mt. Vernon
100 133 135
New England
100 120 121
North
100 107% 108
North America
•23
60% 61
50
OldBoston
•52
96
100 95
Pacific
140
14 7 People's
.100 187
127
100 122
Redemption
1-90
Republic
100 120 122
100 101 102
Revere
1-75
100 120
Rockland
2-25
100 132% 135
Second Nat
100 170
Security
100 105% ib'e"
Shawmut
100 101% 102
Shoe & Leather
100 114% 115
State
18 Suffolk
100 112% 113
92
100
88
Third Nat
90
100
88
Traders'
100 110 110%
360 Tremont
132
131
100
Union
100 125 127
Washington
100 98% 100
Webster
Manufacturers'.. .100
6% Market
4-75
100
Market(Brightou) 100
250
Massachusetts
.
75
99
137
,
•27
Brooklyn.
Atlantic (State)...
Brooklyn
35
First National
295
Fulton
City National
110
115
115
121
203
75
220
90
240
Commercial
1-85
Northern Belle.... 100
Ontario
6i6 Ophir Silver
100
Orig.Comsttk G& 8 1 00
also pays accrued int.
1014
120
Atlantic
Atlas
10
Merrimac Silver
Mexican G. & Silv.100
Moose
Colorado...
9
30
1%
25c,
Belle
&
8 14
30 28%
10 10%
Merchants'
100 115
National Exch'ge. 100 103
People's
16
25
ftc. Second National ..100
120
2% Third National.... 100 95
5
67
Union
75
12ia Western
20 31
45c. Marino
50c. Mechanics'
.Memphis
N. Y.
I6I4
100
Yellow Jacket
27
Navajo
50
15i«
Seaton consol
Segregated Beleh'rlOO;
SierraNevada Silv.100
Silver City
100
15
Mont Bross
.
Caribou Con. Min'g.10
93 14 Cent. Arizona Min.lOO
Leadville
305
100!
.
Joseph Lead
10
Savage Gold& 8ilv.lOO
5c
Belcher Silver ....100
Belvidcre
Bertha & Edith
Best & Belcher.... 100
.
St.
2
2
Bobtail
13714 Bodie
163s I6I3
128
Sheridan
3914 Raymond & Ely.
Phil.
25
(At N. V. Board.)
Par
Alpha Consol G& S.100
5281a 29
1705 1715 AmerioanConsol
99ia American Flag
99
Bechtel
895 900
Ask.
. . .
100
OAL.A-NEVAD*
MINING STOCKS
STOCKS.
88
42
23
Bid.
Plumas
70
01
Tliorndike(Ma8s.)1000 X127H 128
800 950
Union Mfg.(Md.|...
COAIj
Bank Stocks.
Original Keystone
Overman G. & 8 100
25
. .
WasliingCntMassOlOO
Weed Sew. M'e (Ct.)25
Willim'tic Hnen(Ct)25
York Co. (Me.)
750
Ask.
25o.
740
Buckeye
100
80
Bullion
126
Bulwer
Caledonia B. H....100
650
100
6% 7 California
Calumet & Hecla...
40
35
90
Cashier
88
Chollar-Potosi
100
Essex Wool (Mass.) 100 565 580
Cleveland Gold
10
95 100
Everett (Mass.)... 100
Consol.
North
Slope.
Franklin (Me.)
117
120
100
76
Cousol. Pacific
Great Falls (N. H.)100
75
Consol. Virginia... 100
Hamilton (Mass.) 1000 95
96
Hartf. Carpet (Ct.)lOO 99713 1000 Confidence Silver. 100
100
Hill (Me)
225
230
Crown Point
100
98
Dahtonega
Holyoke W. Powor.100 95
Consol
100
180
200
Eureka
Jackson (N.H.).. 1000
Kcarsarge
100 1050 1100 Exchequer G. & 8.100
Laconia (Me)
34
Findley
400 32
Lancaster M.(N.H)400 465 430
Gold Placer
(ioodshaw
Lawrence (Mass.)lOOO 805
Lowell (Mass)
690 1400 1425 Gould A Curry S..100
100
Lowell Bleaehery.200 630
Grant
Grand Prize
Lowell Mach.81iop.500 200 225
Gold
Co..
Lyman M. (Mass.). 100 797%'SOO Granville
93
Great Eastern
Manchester (N.H.) 100 92
Mass. Cotton
Hale &Noreross. .100
1000 133 135
Morriuiack(Mass)1000 1110 1130 Henry Tunnel Co..
Middlesex (Mass.). 100 1425 1440 llukill
Nashua (N. H.)....500 205 215
Hussey
Imperial
Naumkeag (Mass.)lOO 585 600
98ia 99ia Independence
N. E. Glass (Mass.)375
100
80
70
Julia
Pacific (Mass.). ..1000
100
Penu. Salt Mfg. Co.. 50 1910 1920 Justice
80
Kentuck
PeppereU (Me.)
.500 575
Kings Mountain
Salmon Falls(N.H.)300 X785 790
Kossuth
50
8andw.Glas8(Mass.)80 310 340
20
25
Lacrosse
Stark Mills (N.H.)IOOO
Tremont&8.(Mass)100 1110 1125 Lady Washington..
'IIM.Vti
St. Louis
Transfer Co
Sutro Tunnel
1(
Union Trust
10(
U. a Trust Co
101
TJ. 8. Mnrt.Co .iNYlini
West. Union Tel. ..100
Atlautic (Mass.). ..100
Bartlett (Mass.)... 100
Bates (Me), new ..100
Boott Cot. (Mass.) 1000
Boston C'o.(Mass.)1000
Boston Belting
100
Bost. Duck (Mass.)700
Cambria Iron(Pa.) .50
iChicopee(MaS8.) ..100
Cocheco (N.H.).. ..500
Collins Co. (Conn.). .10
Contiuental (Me.). 100
Dougl's Axe (Mass)lOO
Dwlght (Mass.). ..500
.
Consol. Coal—
IstM., 7s, 1885. J&J
1st, conv.,6s,'97.J&J
Cmnberl'd&Pa.,lst,'91
111. & 8t. L. Bridge-
7s,g..l900.A&0
Ara.B.H.8.M.(Pa.)12ia
Amoskeag
Bhsci,[,vm;ims
BONDS.
2dM.,7s,g., 1901 J&J
3d, 7s, g., 1886.M&S
Tun'lRR.,lst,£,9s,g.
Laclede, 8t. Louis. 100
Oarondelet
50
Sau Francisco G L.
7.")
MANUFACT'ING
10
do
1st,
100 1033i 104%
45% Cumberl'd Coal&I.lOO
100
43
George's Cr'k C'l (Md.)
100 42
98% Hoinestake Min'g.100
100 98
Wells Fargo
I-ocust Mt. Coal
50
Marip'sa L.&M.CallOO
GAS STOCKS.
do
pref. 100
ion
Maryland Coal
100
Baltimore Gas.... 100 100
New Creek Coal
105
10
do
certs... 100
American
.
50
50
Nav
Bid.
People's G.L.of Balt.25
Boston Gaslight... 500
,
Pennsylvania
Miscellaneous.
Clinton Coal & Iron. 10
Consol.Coal of Md .100
13% N.Y. & Middle Coal.25
13
777% 780 Ontario Sil. Min'g.100 41
Pennsylvania Coal. 50
30
25
East Boston
24
South Boston
100 105 IO514 Pilot Knob I. (St.L) 100
109
12ia
Quicksilver Min'g.100
Brookline, Mass. . 100 104% 105
do
prof..
38
Cambridge, Mass.. 100 126% 126%
St. Nicholas Coal... 10
80
Chelsea, Mass
100 75
84
San Juan Sil. Min.lOO
Dorchester, Mass . 100 x83
Jamaica Pl'n.MasslOO xlllK 112ia 8. Raph'lSil.,Mob.lOO
do
pref. 100
109 1091-2 Lawrence, Mass. .100 xl23 125
Shamokin Coal
72
25
70
Lynn, Mass., G. L..100
109 111
Spring Mount. Coal. 50
90
83
»lald.& Melrose. -.100
Staud'd Cons. G.M.100
26%
Newton & Wat'n ..100 xllO 112
Westmoreland Coal. 50 §54
Salem, Mass.,
100 x99 100
106 108
Wilkesb. Coal & I. .100
25 110 120
100 % 100% Brooklyn, L. 1
55
50
Citizens', Brooklyn. 20
94
95
50
40
Metropolitan, B'klyn
65
BOSTON
Nassau, Brooklyn ..25
55
104 105
22
STOCKS.
18
107
People's,
Brooklyn.
10
106
Allouez
80
50
70
Williamsb'g, B'klyn 50
Calumet & Hecla. . .25 189
Charlost'n,8.C.,Gas.25
Central
25
Chicago G.& Coke. 100 140 145
Copper Falls
lis
50
Cincinnati G. & Coke
160
Dana
80ia Hartford, Ct., G. L..25
33
25
32
79
Dawson
Silver
145
20
5c.
140
Jersey C.& Hobok'n 20
Duncan Silver
50
20
2 78
40
People's, Jersey C
100% 101
Franklin
25
Louisville G. L
107 1071a
8%
74H
Humboldt
25
Mobile Gas & Coke. 8
42
ta
International 8ilver20
60
40c.
Central of N.
50 50
Mesnard
40
25
Harlem, N. Y
50 35
•Si"
-0
Minnesota
25
Manhattan, N.Y... 50 135 140
70
115
National
15
15c.
Metropolitan, N.Y.100 110
16ia
Osceola
25
Municipal
100 110 115
Pethcrick
25
55
Mutual of N. Y....100
50
90
Pewabic
25
New York, N.Y.... 100 85
Phenix
50
74
76
N. Orleans G. L. ..100
12>4
Quincy
25
\. Liberties, Phila..25 V--..
113
Ridge
25
Washington, Phila..20 5*35
40
Rockland
25
70
Portland, Mo., G. L.50
s2
Silver Islet
25
28
•$2
3t. Louis G. L
50 $78
99"
102Jfl
102>ii
Del. & Hudson
100
Del. Div. leased, 8. .50
Lehigh Navigation. .50 *&23%
Morns, guar. 4
1 00
do pf.,guar.l0..100
Schuylkill
Ask.
United States
J&J 1021s
78,1891
Bid.
AdaniB
"75
Delaware Division—
J&J
68,1878
Delaware & Hudson—
78,
Miscellaneous.
EXPRESS ST'CKS
Long Island
Manufacturers'.
Mechanics'
..
Nassau
Brooklyn Trust..
In London.
$
-
Quotation per share.
95
90
155
150
101
110
90
165
160
110
August
5
'
.
THE (HRONJCLE.
30, 1879.1
223
GENERAL QUOTATIONS OF STOCKS AND BONDS—Concluded.
For Explanation* See Note*
Bank
Bid.
Stocks.
Bank
Ask.
of
I :. 1
140
Fifth National ....100
First National
100
Hide and Leather..
130
Chemical
City
Citizens'
Commerce
83
Continental
Merchants' Nat.. .100 200
Nat.B'koflllinois.lOO 106
Corn Exchange ...100
East River
25
Eleventh Ward
25
First National
100
FourthNatloual...lOO
Fulton
80
Fifth Avenue
100
Northwestern Nat 100
Union National
100
TJn.Stock Y'ds Nat.100
.
Cincinnati.
German Banking Co.
Merchants' National..
Nat.
Hunk Commerce.
Second National
Third National
170
135
03
102
110
180
. .
-75
120
150
110
125
•90
120
Hartford.
-StnaNat
100 114
102
110
110
100
135
140
103'e 103*2
!130
225
B9
136
Manuf.
Marino
102*2
Maryland Fire
Nassau
.
1
.
.
New
Orleans.
& Banking.. 100
Citizens'
Germania Nat
Hiliernia Nat
Louisiana Nat..
Mutual Nat
..
Union Nat
1
Or.
100
100
100
100
100
78
90
80
95
87
95
100
50
100
100
94
45
94
80
New Orleans Nat. .100
People's
State Nat
91
58
Price nominal
;
no
SO
82
97
City
Bank
First
Nat
20
25
100 117
Merchants' Nat.. .100
Nat. Bk of VirgiuialOO
Planters' Nat
100
State Bank of Va.lOO
10
Merchants' Mutual. 50
National Fire
10
Alliance
100
American
F.
& M. 100
.
Boston
Boylston
100
100
Commonwealth. ..100
Dwelling House... 100
Eliot
100
100
100
100
FaneuilHall
Firemen's
Frauklin
Manufacturers'. ..100
Mass. Mutual
100
Mechanics' MutuallOO
Mercantile F. & M.10O
Neptune F.
& M.
100
. .
N.Engl'd Mut. F*M100
North American ..100
Prescott
100
100
100
Revere
Shawmut
Shoe
&
Leather. ..100
. .
.100
Suffolk Mutual.
Washington
100
Cincinnati.
Amazon(new stock) 20
Cincinnati
25
20
25
ga»e
100
Enterprise
20
Eureka
20
Fidelity
20
Firemen's
20
Germania
20
Globe
20
Merchants'* Manuf 20
Miami Valley
50
National
100
Union
20
Washington
20
Western..
25
Citizens'
Commercial
:
Hartford,
B'k of Commerce.. 100 315
Commercial
100 140
Continental
100
late transactions.
$
122
75
135
110
80
100
98
120
100
75
120
Columbia
Commercial
New York City
N. Y. Equitable
New York Fire
125
80
110
45
75
118
225
32
114
226
150
108
100 225
40 58
50
35
100
50
25
25
100
20
50
Niagara
North River
115
85
100
125
105
80
.'
.
Philadelphia.;
American Fire
100
50 260
100
Fire Association
Frauklin Fire
Commerc'l Union .£5
18
Guardian
67
50
Imperial Fire
25 154
.
Lancashire F. & L...2
London Ass.Corp.l2*2
Liv. & Lond. & Globe 2
North'n Fire & Life 5
7*4
Delaware Mutual. .25
Ins. Co. of N. Am'ca 10
Ins. Co. State of Pa 200
Pennsylvania Fire 100
.
*37
32
60
15%
39
North Brit. & Mer. 6*4
44%
Queen Fire* Life.. .1
3*e
Royal Insurance
3 x21*4
. .
Mobile.
Richmond.
100
City
100
Granito
Merchants' AMech.100
Piodm't* A. Life. 100
Virginia F.
25
Virginia Homo. ...100
Virginia State
25
&M
Citizens'
Mutual. ..100
Factors'* Trad's' Mut.
Mobile Fire Dep't..25
Mobile Mutual
70
10
Merch.Mut
38
&M..50
St.
80
S3
34
95
28
Louis.
American Central.. 25 21*«
100 102*2
100
100
Marine
90
10
Pacific
100
Citizens'
Jefferson
Orleans.
Hibernia
78
Home
160
115
100
200
Park
106
Peter Cooper
180
People's
110
Phenix (B'klvu)
50 110
Relief
50
Republic
60
100
Ridgcwood
100 95
Rutgers'
100 150
Safeguard
100 100
St. Nicholas
52 70
Standard
50 115
Star
100 111
Sterling
100 70
Stuyvesant
25
Tradesmen's
25 97
United States
25 120
Westchester
10 100
Williamsburg City. 50 185
Pacific
ibo
104*2
52*2
5l*a
Quotation per share.
115
98
70
Germania
50
20 185
? o 108
100 115
::
.
90
145
17
Citizens'
city
Clinton
1
Crescent Mutual
Factors' and Traders'.
Firemen's
Louis.
Brooklyn
30
55
1
x79*2
23*2
San Francisco.
California
100 xll3
100
70
Firemen's Fund... 100| 113
Commercial
Hope
St.
185
25 175
...25
Lafayette
Merchants' Mutual ...
Mechanics' & Traders'
NewOrleaus Ins. Ass'n
New Orleans Ins. Co
3
65
200
190
200
195
120
50
130
170
103
105
|i
so
104
82
50
Bowery
Broadway
60
90
30 45
so 110
100 160
Eagle
40 200
Empire City
100 95
Exchange
30 100
Farragut
50 117
Firemen's
90
17
6
7
Firemen's
Trust....
10 100
27*2
27
Frank.* Emp'ium
110
38*2
36
German-American 100 130
6*2
7
Germania
50 165
3*2
4
Globe
50 110
55
60
Greenwich
25 250
12
11
Guardian
100 60
Hamilton
110
Hanover
..50 140
00
90
Hoffman
50 85
130
Home
85
100 117
110 112
Hope
25
114*2 115
Howard
80
50
78
82
Importers' * Trad. .50 100
Irving
117 120
100 60
136 136*2 Jefferson
30 120
Kings Co. (B'klyn) .20 163
67
72
164*» 165
Knickerbocker
40 50
60
65
Lafayette (B'klyn) .50 118
125 130
Lamar
100 100
Lenox
110 115
25i
Long Isl'd (B'klyn) 50| 120
80
85
Lorillard
130 133
60
251
Manuf. * Buildcrs'100 125
122 125
60
Manhattan
104
50
100|
Mech. * Traders'. .25 150
120 122
Mechanics' (B'klyn)50 170
120 122
Mercantile
60
70
50 70
Merchants'
60
70
50' 115
Montauk (B'klyn).. 50! 110
131*4 132
Nassau (B'klyn)
95 100
50
National
140
188
37*2 105
London.
New
Exch.lOO
Atlantic
70
25
25
Conn
Phomix
Steam BoUer
Stonewall
Wask'touFire
105
90
^Etna Fire
100
Atlas Insurance. ..100
Connecticut
100
Hartford
100
National
100
Orient
100
Planters' &
M
25
100 40
50 115
-*tn»
U
Roston.
80
5
100
63*2 New York
American Nat
62
100 135
50
N. Y. Nat. Exch'gelOO
Charter Oak Nat. .100 120 125
City Nat
Now York County 100
145
82
100 78
:ir>
Ninth National
83
Connecticut River.. 50
32
100
ill
North
80
Far. & Meek. Nat. 100 111
America
70
North River
First Nat
100 101 102
50
Oriental
Hartford Nat
100 145 148
25
Pacific
Mercantile Nat
100 118 119
50
Park
National Exchange. 50
66
64
100 100*4
People's
Phoenix Nat
100 147 150
25 "85"' 115
Phenix
State
100 110 114
20
Republic
100 J100
Second National. 100
Louisville.
Seventh Ward
Bank of Kentucky 100 117*2
100
ill
Shoe & Leather
Bank of LouisvillelOO 60
100 105
St. Nicholas
Citizens' National. 100
95
100 ;99
State of N. Y.(new)100 102
City Nat
100 99*2 102
Commercial of Ky 100
12
Tradesmen's
40
Falls City ToliaccolOO
Union
145
81
50
Farmers' of Ky ...100
87
89
Farmers' & Drov..l00
si
Philadelphia.^
81
First Nat
100 109*2
German Ins. Co.'s.lOO 99 100
B'k of N. America .100 240
250
German
Central National.. 100 190
100 100 101
210
German National. 100 107
City National
91
50 90
Kentucky Nat
100 109 109 *2 Commercial Nat
70
50 66
Louisv. Ius.& B. Co.40 135
140
Commonwealth Nat 50 30
35
Masonic
49*2 56
84
Consolidation Nat.. 30
100
83
Merchants' Nat. ..100
53
55
98 100 ;Corn Exchange Nat.50
Northern of Ky ... 100 100
Eighth Nat
150 170
12'
People's
FirstNat
100
100
Second Nat
92
Farmers'*Meeh.N.100 116 lis
100 90
Security
G irard^Natioua 1
71
100 128
40 69
Third National
Kensington Nat
100
67
S3
50 61
Western
100 100
Munufacturers'Nat.25
26
26h
West.Finan. Corp. .100
81
82% Mechanics' Nat
100 100 110
Nat. B'k Commerce. 50
Mobile.
Nut. B'k Genua nt'n. 50
90
92
Bank of Mobile
Nat.B'k N. Liberties 50 125
15
25
13
135
First Nat
Nat. B'k Republic. 100
100 115 120
80
85
Nat. Commercial. .100
National Security. 100 102
75
104
70
Boutkern B'k of Ala25
Peun National
20
18
60
5Q 55
People's
100
Philadelphia Nut. 100 163
170
Montreal.
Second
100
British N. America.
103 103*2 SeventhNat
Nat
100
Commerce
50 107*4 108
Sixth
Nat
100
Consolidated
12*2
100
9
Southwark Nat
50 120 135
Dominion
50
Spring Garden
100
Du Peuple
41*3
50 40
22d
Ward
50
Eastern Townships. 50
95
Third
100
Exchange
100 20 "ijs" Union Nat
Banking Co.100
Federal
100 96 102
Union Nat
50
Hamilton
loo
98 100
Western Nat
50 75
Imperial
100 102*2
West
Philadelphia.100
Jacques Cartier...lOO
57*2 (in
Maritime
100
Portland, Me.
Merchants'
100
72% 73*4
Molsous
65*4 67
50
Cumberland
51
Nat.. .40 x50
Montreal
200 128*2 129
Canal Nat
100 xl40 112
Nationale
50
CascoNat
3
1,127
100
Ontario
40 60
FirstNat
100 xl27 128
Quebec
100
Merchants'
104
Nat
X103
75
Standard
80
s:;
Toronto
100 109 112*2 National Traders'. 100 xl26 127
Union
100 50*a 60
Richmond, Va.
Ville Marie
100
50
Canal
1:
I'.altimoreFlre Ins. 10
Firemen's Insur'co. 18
Howard Firo
5
Merch'ts.20
York.
Continental
Assoclato Firemen's.:
Mechanics'
25 135
Mechanics' B. Ass'nSO
70
Mechanics' & Tr.. .25
70
Mercantile
100 93
Merchants'
50 124
Merchants' Exch'ge50
73
Metropolitan
100 •120 St 127
115
'IRE l\M It'i
STOCKS.
95
Adriatic
70
112
97
&Co..
Raltlmore.
25 $100
40
100 105
Importers' & Tr.,.100 200
Irving
50
Leather Manufts..lOO 130
Manhattan
50
Market
of California..
Paoiflo
Wells, Fargo
450
J70
100 ;ioi
100 (116
7.".
100
09
Merchants' Exch.,100
Nat.Oold Bank& Tr. Co
J80
Hanover
&
New
ra
American
American
132*a First Nat. Gold. ... 100
100
Grangers' B'k of C.100
Grooers'
80
125
160
115
130
100
125
72
Anglo-Califonda
Greenwich
110
190
75
Hank
German American. .75
Germania
100
101
Merchants' Nat ...100
I/mis National. 100
Third National
100
Valley National. .. 100
19«a
103*,
Hun Mutual
Teutoula
San Francisco.
•1600
200
;131
People's...
212
St.
105
Gallatin National ..80 1130
180
Cleveland.
&L....100
Commercial Nat 100
First Nat
100
Merchants' Nat... 100
National City
100
Ohio Nat
100
Second Nat
100
Citizens' S.
25
100
100
25
100
100
Ask
Bid.
100
Fourth National ..100 205
International
100 90
Mechanics'
100 51
Merchants', Old
7
.
.
Chatham
180
90
100
Fourth National
1
Broadway
25
Butchers'* Drovcrs25
Commercial Nat... 100
Cora Ex cli. Nat.. .100 140
First National
1
Central National. .100 102
Chase National. . . .100
Chicago.
...
Exchange
Brew'rs'ifc Groo'rs'lOO
Poople'8of8.C.(new)20
8. C. Loan & Tr. Co. 100
Paso of Quotations.
First
Bank Stocks.
Ask.
Bid.
America
100 130*4
American Exch'golOO 112
k A- Br'kers A 100
100
Clias.(NBA)100
First Nat. Chas.. .100
People's National. 100
Home National
Head of
New York
Charleston.
B'k
Stocks.
at
69
87*2
27
46*2
Home Mutual
.State Investment. 1001
Onion
47*2 iWestern
Last price this month preceding 29th.
80
108
100x113
100
140
175
115
75
125
160
90
125
"46"
105
08
60
125
105
A
:
THE CHRONICLE.
22t
" In the last six months considerable advance has been made in
the price of your securities, and yet they have not reached
their real value, but will do so, no doubt, as soon as the cloud,
which some of the holders of Tennessee State bonds have at-
Jirtujestwmts
STATE. CITY AND CORPORATION FINANCES.
The Investors' Supplement is published on the last Saturday
of each month, and furnished to all regular subscribers of the
No single copies of the Supplement are sold at the
Chronicle.
regular
-ffice, as only a sufficient number is printed to supply
subscribers. One number of the Supplement, however, is bound
up with The Financial Review (Annual), and can be purchased
in that shape.
ANNUAL REPORTS.
Nashville Chattanooga & St. Lonis Railway.
(For the year ending June 30, 1879.)
The. annual report of this company has been promptly issued
The total of main line and branches operated is now 453%
miles. The entire business of all the roads for the fiscal year
ending the 30th of June, 1879, was as follows
tempted to throw over them by suit, is dissipated. The legal
talent of this State is agreed that they have no cause of action
against the railroads. This Com] any' is interested in the question of bonds loaned by the State to railroads to the amount of
only one hundred and twenty $1,000 bonds lent to Jasper
branch, and even that number has been paid to the State in
bonds of other series. No one believes that the sold roads can
be interfered with.
" It is hoped that with good business, which now looks promising, the small floating debt remaining may be paid off during
the year just entered upon, by the sale of assets and use of
surplus profits remaining after paying dividends to stockholders, and still continue the improvement of property in laying
:
EXPENSES.
$317,474
$1,231,170 Maintenance of way
271,030
,...
441,545 Motivepower
103,337
Maintenance
of
cars
41,260
Mail.
200,190
22,747 Conduetiugtr'sportation
Bents and privileges. ..
69.505
Miscellaneous
$1,736,723
Total
$1,021,588
Total
$715,135
Net above operating expenses, 41 per cent
INCOME ACCOUNT.
$7 15,135.
Net earnings as above
$164,630
Interest on bonded debt
13,383
Interest on floating debt
10,896
Interest on cost of Tennessee & Pacific R. E
RECEIPTS.
Freight
Passage
.
.
—
]
I
I
Difference in cost of steel rail and steel fastenings
over iron rails and iron fastenings, 25 per cent on
$107,309
Extra ties used
26,827
in laying 40*4 miles steel rail,
600
6,037
164,161
dividends paid to the stockholders
in Tennessee charged up, but not paid, pre22,079— $708,016
vious to July 1, 1879
to the mile extra
Two
Taxes
$7,119
Balance
business of the road is shown more in detail by the following statements:
MAIN LINE, 8IIELBYVILLE AND JASPER BRANCHES.
.
$1,647,596
Receipts
973,867
Expenses
The
$673,729
675,609
Net above operating expenses
Out of which payments have been made
Excess of payments
TENNES8EE & PACIFIC RAILROAD.
$1 ,880
$13,835
17,728
Receipts
Expenses
$26,107
13,206
Net above operating expenses
luterest paid
$12,900
Surplus
M'MINNVILLE & MANCHESTER RAILROAD.
$18,972
13,261
Receipts
Expenses
Not above operating expenses.
$5,710
9,600
Interest paid
Excess of payments
$3,889
WINCHESTER & ALABAMA RAILROAD.
Receipts
$26,319
16,732
'..
Expenses
steel rails, etc.
" By action of the Board of Directors, and written consent of
a majority in amount of the stockholders, this Company agreed
to furnish the iron, lay the track, and equip certain sections of
the Nashville & Tuscaloosa (narrow guage) railroad, not to exceed in liability five thousand dollars per mile, whenever the
stockholders of that road would prepare it ready for the iron
by doing the grading, bridging, and furnishing the cross ties,
in sections of twenty miles, commencing at Dickson Station on
your Northwestern road. The first section of twenty miles has
been made ready for the iron, most of the track is already laid,
trains are running to Bon Aqua Springs, a popular watering
place upon its line, and the whole of this section will soon be
finished.
It is believed the responsibility of your Company for
this enterprise will not reach the limit fixed.
The President of
the Nashville & Tuscaloosa railroad will soon make a determined effort to reach Centreville, and push out at an early day
seven miles beyond that point to penetrate the almost inexhaustible deposits of brown hematite iron ore of that section,
the accounts of which, as to quality and quantity, given to us
by geologists and experts, are almost fabulous." * * *
'*Your directors have bought a large controlling interest (two
thirds) in the stock of the Owensboro & Nashville railroad for
your company at the very small cost of about one hundred and
seventy-five thousand dollars. In the construction of this road
about two and a half million dollars have been spent, according
to Poor's manual. It is completed and running thirty -seven
miles from Owensboro to the crossing of the Elizabethtown &
Paducah Bailroad. From that point to the Tennessee State
line, near Adairsville, the grading and bridging lacks but a
fraction of being finished, leaving but thirty -six miles to grade
between Adairsville and Nashvillle. It is estimated by competent engineers that to finish this road in first-class order with
steel rail track, and with an independent bridge over the Cumberland River near Hyde's Ferry, near Nashville, will not cost,
in money, exceeding ten thousand dollars per mile, or $1,200,000 for the whole, the distance from Owensboro to Nashville
being about 121 miles. The company has no bonded debt out?
Preparations are being made for an early completion of this road,
which will, with the proposed roads from Owensboro to Evansville, and from Owensboro to Terre Haute, give the nearest route
between Atlanta, Georgia, the great distributing point for the
South, and the grain-producing sections"of the west, and must,
when completed, add greatly to the business of the Chattanooga division of your line. This road runs through one of
the best sections of Kentucky, and through fields of bituminous coal, veins of which are very thick, and of superior quality,
and it will be a paying road."
G33NERAL INVESTMENT NEWS.
$9,-i87
Net above operating expenses.
Interest paid
9,600
Excess of payments
$12
recapitulation.
Main line. Shelbyville andfiJasper branches, excess
payments
of
$1 ,880
McMiunville & Manchester B. B., excess of payments. 3,889
12— $5,781
Winchester & Alabama B. B., excess of payments....
Teunessee & Pacific B. E., excess of net earnings over payments
$12,900
-
Balance of net earnings
$7,119
" In addition to the foregoing,
President's report says
$34,478 was paid during the year for iron bridges on the Chattanooga division to take the place of wooden ones. The past
year was the most trying one upon your road in its history,
first, on account of the almost entire failure of the wheat crop
in Tennessee last season, and the very short corn crop, greatly
reducing local freights, upon which better rates are received.
and forcing us to compete to replace it from distant points. To
secure these and other through freights, they had to be carried
at very low rates, in some instances at only a fraction above
cost of transportation, in competition with lines the managers
of which seemed to work for tonnage without much regard to
revenue. Next, the prevalence of yellow fever in epidemic
The
fV0L. Xi'IX.
:
:
form at Memphis, and on your line at Chattanooga, Martin and
Hickman, seriously affected the income of your road, and the
loss of net earnings from these causes could not have been less
than eighty to one hundred thousand dollars. When these
unavoidable misfortunes are considered, the results of the year's
* *
operations must be highly satisfactory to the stockholders.
" The expenses were one cent per" train mile, or $13,612 less
than for the preceding year, while the revenue received was six
cents per train mile, or $81,677 less than for the preceding year.
About $40,000 of this sum was loss from passage growing out
of the prevalence of yellow fever, and was a loss of net revenue.
Atchison Topeka & Santa Fe— Denver & Rio Grande.—
few days ago a despatch was received from Denver, announcing
the fact that the Denver & Rio Grande Railroad had been
delivered up by the Atchison to the receiver, by whom it was
to be operated, pending the litigation, under orders of the Circuit Court " to manage it independent of the Atchison and all
other lines, solely with reference to its own interests and so as
to produce the largest possible earnings." The Boston Advertiser, which takes the side of the A. T. & S. F., says of this
" The lease of the D. & R. G. road by the Atchison of course
gave the latter company some important advantages, and
enabled them to control in their own interest a good deal of
But the advantages of this lease are easily over-estitraffic.
mated by those unacquainted with its terms. Under this lease
the Atchison paid to the D. & R. G. 4a per cent of gross earnBut
ings, leaving 57 per cent to cover operating expenses.
such was the condition of the road and rolling stock of the
earnings
has
not
Denver road that the 57 per cent of gross
been sufficient to pay the expense of running it. In fact, it has
cost the Atchison Company about 78 per cent of the earnings to
operate the D. & R. G. road, and the result of running it six
months, as we learn on the best authority, has been a loss to
the Atchison Company of about $70,000."
Baltimore & Ohio.— A report published in London gives
the following statement for the month of July:
1
Gross earnings
Exponses
Notoarnings
1879.
$1,236,955
611,582
1S78.
$1,058,008
643,104
$625,373
$114,904
For the ten months of the fiscal year ending July 31, there
was an increase of $608,785 in net earnings.
Burlington Cedar Rapids & Northern— Chicago & Northwestern.— The board of directors of the Chicago & Northwests
:
August
THE CHRONICLE.
30, 18TO.]
em
Bailroad Company has approved the lease of the Burlington
Cedar Bapids and Northern Bailroad, and there is little doubt
that the directors of the B. C. E. & N. will ratify the lease.
The terms of the agreement have not yet been published, but
it is understood that it is a lease in perpetuity, and will provide
for the payment of the interest on the bonds of the Burlington
Cedar Bapids & Northern Bailroad Company by the Chicago &
Northwestern Company. The latter company will also guarantee 3 per cent per annum upon the stt>ck of the leased company for Ave years, and 5 per cent thereafter.
The capital stock of the Burlington Cedar Bapids & Northern
Company is $10,000,000. The funded debt consist* of $$,500,000
first mortgage 5 per cent currency bonds, of which $504,200 are
in possession of the company, and $150,000 guaranteed bonds of
the Minneapolis & St. Louis Bailway Company. There are
suits now pending against the company involving about $750,000, but it is understood that by the terms of the lease they
are to be provided for by the leased company. The Chicago &
Northwestern Company now controls 2,158 miles of road, and,
with the addition of the Burlington Cedar Bapids & Northern
Bailroad,
it
will
operate nearly 2,594 miles.
225
week opened
in the Essex County Circuit Court before Judge Depue. It involves the question as to the legality of the bonds issued
by the city of Elizabeth. Wm. H. Meyer, through coHMel,
appeared and asked that he be given authority to recover on
past-due improvement bonds, coupons of consolidated bonds and
funded bonds. Ex-Chancellor Benjamin Williamson and City
Counsel Chetwood appeared for Elizabeth. They put in a pie*
of the general issue, nnn ett factum. Counsellor Fish, for Mr.
Meyer, replied that this plea was frivolous.
His affidavits
showed that the former mayor, comptroller and treasurer of
the city of Elizabeth, and the present ones, had signed the bonds
respectively in their due course of business; also that they bad
been presented at the Fanners' Loan & Trust Company of New
York and payment refused. Ex-Chancellor Williamson claimed
that there was a distinction between individuals and corporations, and that a plea by the corporation that the bond was not
made involved the validity of the issue. The Court stated that
counsel for the plaintiff should produce the authority on the
part of the city to issue bonds in the shape of legislative enactments, &c, and that on the first day of the September term of
court he would rule upon the motion.
The plaintiff's counsel was very anxious to have the defense expose their line of defense, but the Court did not exact it, on the
ground that a sufficient case had not as yet been made. One of
the points made by the ex-Chancellor against judgment on the
plea was that the same questions will be tried at the neit term
of court in cases in wnich eminent counsel are retained, and
hundreds of thousands of dollars are at issue. It would, he
claimed, not be fair, therefore, to ask the city of Elizabeth to
expose its line of defense prematurely, nor would it be fair to
the contestants.
Chicago & Lake Huron.— The Western Division of the Chicago & Lake Huron Bailroad (formerly Beninsula Bailroad)
was sold in Chicago, August 25, to Mr. Joseph Hickson and
others, representing the Grand Trunk Bailroad, for $300,000.
A short time since, the Eastern Division of this road was
purchased by the Grand Trunk. The former extends from
Port Huron to Flint, and this runs from Lansing to Milton, on
the Indiana State Line. The purchasers of the two divisions
met August 25, and completed an organization, the name of
which is to be the Northwestern Division of the Grand Trunk
Flint & Pere Marquette— The bondholders' committee give
Bailway, with a capital stock of $1,500,000, and a Board of
Directors composed of Joseph Hickson, L. J. Sargeant, E. W. notice that holders of consolidated bonds who desire to join in
Middaugh, James McMillan, Wm. C. Beardsley, Wm. S. Shep- the proceedings instituted can deposit their bonds with the
Merchants' Exchange National Bank, New York ; the Mechanics'
ard and David G. Norton.
Chicago & Northwestern.—The following is from the Sioux National Bank, New Bedford, Mass., or the First National Bank,
City Journal: "The Chicago & Northwestern Bailroad Com-. Utica, N. Y. Negotiable certificates will be issued for all bonds
Bany are not idle during the railroad racket now disturbing
'akota. They started this spring from Tracy, Minn., and in an
unostentatious way graded west seventy miles to the Sioux
River, near Medary. This they have mostly ironed. Another
seventy miles of grade has been let, which will carry the terminus of the Tracy branch to the west side of the Jim Eiver. The
grading on this last seventy miles is being pushed as fast as
possible, and the road will be completed as far as the Jim
River this season, and possibly on to the Missouri. The Jim
River crossing of this line is between towns 110 and 411, and the
point aimed at on the Missouri seems to be Fort Pierre.
The Lake Kampeska extension line of the Chicago & Northwestern has surveyed a road from Watertown, the present
terminus to the Old Dirt Lodges in Township 117 on the Jim
River. From there a line has been ran down the river to the
•crossing of the Tracy line, a.bout forty miles below.
It will be seen by a reference to the map that with the completion of these lines the Northwestern will command the situation in central Dakota, as the Milwaukee Bailroad does in the
southern part of the Territory."
Coal Auction Sale.— The regular monthly auction sale of
Scranton coal by the Delaware Lackawanna & Western Bailroad
Company was held Wednesday, and resulted in a decline from
the prices obtained at the company's last sale, but a slight
advance over the prices received at the last auction sale of the
Delaware & Hudson Canal Company. The following table
shows the prices received, compared with those obtained at the
July sale, and also with those received at the August sale of
the Delaware & Hudson Canal Company
A r. price at
Av. price
Av. price at
received
July 30
Auk. 13
Tons.
Aug. 27.
Kale.
D.&H. gale.
15.000 grate
$2 04
$2 30
$2 00
5,000cgg
2 15>4
2 45
2 12ia
25,000stove
2 74"4
2 37%
2 32>s
5.000 chestnut
2 21
56>4
2
deposited.
—
Illinois Midland.
At Springfield, Illinois, judgment creditors of the Illinois Midland Railroad Company filed a cross bill
in the U. S. Court, August 22, in the case of R. G. Hersey etal. ,
v.i. the Illinois Midland Bailroad Company.
The biU is to get
possession of about $6,000,000 of bonds of the company which
are held by Baring Bros., of London, England, and of which
they became possessed, it is charged, through fraudulent connivance with Hersey, the President, and L. Genis, the Receiver.
of the company. Also to cancel several hundred thousand dollars of Receiver's certificates issued, as alleged, for fraudulent
purposes, and to obtain possession of all the properties and
franchises of the company.
—
Indiana Bloomington & Western. The following circular
dated at Indianapolis, Ind., has been issued
Notick.—The railway and other property of tho Indianapolis Blooraington Si Western Railroad Company, having been sold under decree of
the circuit Court of the Southern District of Illinois and District of
Indiana, will hereafter be operated and managed by a new company;
formed by the purchasers at said sale, under the name of " Indiana
Iiloomington & Western Railroad Company," with the following
:
(ifiioers:
Blossom,
ager. B.
President, C. P. Williams, Albany, N. Y.; treasurer, J. H.
New York; secretary. Alfred Sully, New York ; general manHenning, Indianapolis, Ind.
8.'
The reorganized company has to pay on the new bonds 3 per
cent interest the first and second years, that is, $250,000 yearly ;
the third and fourth years the interest increases to 4 per cent,
the fifth and sixth years to 5 per cent, after that 6 per cent,
until maturity. Then comes in the $1,000,000 of preferred
bonds, drawing 7 per cent interest.
I<ake Erie & Western.— This company, late the Lake Erie
& Louisville, has filed for record a first mortgage to the Central
Trust Company, of New York, to secure an issue of $1,815,000
new bonds, and a second mortgage to secure an issue of
$1,485,000 new 7 per cent, income Donds.
Eon? 'gland City Finances.— Mayor De Bevoise addresses
the following to Mr. Daniel A. Moran
Total average
56
$2 23H
$2
$2 19%
" Dear Sir Your note askingJnformation as to the amount
It is now stated that the Delaware & Hudson Canal Comresources, the valuapany has just issued at Philadelphia a circular giving its prices of the public debt of Long Island City, its actual, and the numtion of the taxable property, assessed and
of coal for delivery there. The prices of coal in New York
The following extract from
have been forced by the competition to a point below the ber of inhabitants, &c, is at hand.
my last annual message will give you a part of the information
prices current in the Philadelphia market, and the Delaware &
Hudson Canal Company will enter into direct competition with desired
"The financial condition of our city is upon a sound basis and compares
the Philadelphia companies in their own field.
very favorably with that of other cities in our own and neighboring
ales. Our floating debt is more than balanced by amounts due for
Delaware & Hudson
anal.— The following comparative 8taxes,
the security for which is absolute. Our total bonded debt Is $906,statement from the Secretary of the Delaware & Hudson Canal 000. Assuming the population of th© city to be about 20.000. tho debt
Company shows the earnings and expenses of the railroads per capita is $15. That of New York City is about $125, and Jersey City
owned and leased by this company for the month of June, as little less than New York. That of Poughkeepsie about $100. The debt
under which Elizabeth has fallen is about $240. These comparisons
follows
make a very favorable showing for our city, especially as the $906,000
June, 1878.
June, 1879. of debt Includes the full payment, of our excellent water supply, and tta
„
Gross earnings
$288,370
$373,2.10 distribution throughout the city in over fourteen miles of pipe. Tho
Expenses
190,061
213,580 water rates will soon make nearly $.'150,000 of the debt self-supporting,
as to payment of interest, and practically reduces the. principal debt t»
Nctearnings
$98,309
$159,650 $556,000.
Increase in gross earnings
"The above-mentioned debt is composed of the following items
$84,860
$103,000
Increase in net earnings
61.341 Funded debt of Newtown
1 33,000
For the same period the earnings and expenses of the Albany Survey and map debt
350.000
Water
debt
& Susquehanna Bailroad (included in the above) were as fol- lire
20.000
lows
$906,000
June, 1878.
Total
_
June, 1879.
Gross earnings
'Tile uncollected city and ward taxes amount to about $100,000. Oar
$65,852
$80,926
Expenses
43,832
48,204 floating debt is less than one-thiid of that sum, and is amply and unquestionably secured. Wo have $50,000 to our credit in bank. Our populaNetcnrniDgs
$22,020
32,722 tion is about 20,000. The equalized valuation of real and iicisomU
by the Board of Supervisor*
Increase n gross earnings
$15,074 property for 1878 is $7,588,438, as fixed
assessors and adopting a uniform
Increase in net earnings.
10,702 Hlter comparing notes with the State
ratio. This is about one-quarter tho actual value of our taxablo propElizabeth City Bonds.— A case of some importance was this erty."
:
:
—
:
:
<
:
'
,
:
i
—
THE CHRONICLE.
226
Milwaukee Lake Shore & Western.—This company
announces the completion of its northern extension to Marion,
Wis., seven miles from the late terminus at Clintonville and 164
miles from Milwaukee.
Ohio & Mississippi.—Notice is given to first mortgage bondholders that, by direction of the Court, the receiver, on the 1st
day of September, 1879, will pay, at the office of the company,
52 William street, New York, the interest coupons of the first
mortgage bonds which fell due July 1, 1879, except such
coupons as may be held by the Union Trust Company of New
York for the benefit of the sinking fund for said first mortgage
$363,000.
$560,000."
Netearnings
$966,904
$1,018,352
For the seven months the earnings and expenses compare as
follows for the two years
:
1878.
$16,690,518
10,383,353
1879.
$17,898,812
11,143,348
Gross earnings
Working expenses
P.c.
72
73
71
$6,307,165
$6,755,474
Net earnings
All lines west of Pittsburg and Erie for the seven months of
187U show a deficiency in meeting liabilities of $153,020, being
a gain over the same period in 1878 of $224,085.
Peoria Pekin & Jacksonville.— The Illinois Circuit Court
has granted a decree of foreclosure against this road, and
ordered its sale after due notice. The decree is for $1,000,000
principal of bonds and $507,043 accrued interest, and the
minimum price is fixed at $500,000.
—
Philadelphia & Reading. The following is the monthly
comparative statement of gross receipts, tonnage and passengers of the Philadelphia & Reading Railroad Company for the
month
of July, 1879
and
,
1878:
1879.
.
Year to date.
1878.
,
.
$1,147,767
Canal
100,544
40,201
Steam colliers
15,008
Richmond coal harges
$7,886,089
459,294
435,125
99,330
Month. Year to date.
$854,104 $7,085,733
84,657
405,790
41.133
359,142
7,766
51,485
Total Railroad Co... $1,303,521
& Iron
1,085,376
Co
$8,879,846
$987,721
$7,902,151
6,317,760
697,184
4,579,382
gross receipts.
Month.
Railroad
traffic
traffic
Reading Coal
$2,388,898 $15,197,606
TONNAGE AND PASSENGERS.
742,441
Tons of coal on E. R
4,977,156
437,897
Tons of merchandise
2,728.057
830,527
Passengers carried
4,735,540
Coal trans, by st. colliers. 45,593
385,885
TONS OF COAL MINED.
412,490
2,607,984
By Coal & Iron Co
120,357
785.014
By tenants
Total of
all
$1,684,905 $12,541,534
440,722
232,017
586,077
53,518
3,399,383
2,057,643
4.154,383
372,541
191,880
85,087
1,568,883
270,907
2,200,009
031,126
Total mined from lands
owned and
X>y Co.
hold estates
St.
controlled
and from
lease-
532,848
Paul Minneapolis
3,392,999
& Manitoba.—The
circular of Messrs.
Kennedy & Co. states that this company was "organized out
of the St. Paul & Pacific Railroad Company, the First Division
of the St. Paul & Pacific Railroad Company, and the Red River!
& Manitoba Railroad Company, and now owns and is operating
under the charter of the St. Paul & Pacific Railroad Company,
565 miles of completed railway, running' from St. Paul, Minnesota, and Minneapolis to the boundary line between the United
States and the province of Manitoba, where a connection is
made with the Pembina Branch of the Canada Pacific Railroad
with Winnepeg, including the railway from Minneapolis via St.
Cloud to Alexandria. The company also owns about 2,000,000
acres of fertile land in alternate sections on each side of the
The country through which the railways pass is well
lines.
settled, and furnishes a large and rapidly-increasing local business, while the through traffic with Manitoba passes wholly
over the company's lines. The company is building a line from
Alexandria, via Fergus Falls, to connect with its main line to
Winnepeg, a distance of 90 miles, also 12 miles from Fisher's
Landing to Grand Forks, which will be finished by the 1st of
November next. This construction completes the system as
originally projected. The company will then own 667 miles of
completed and fully-equipped road.
The mortgage under
which the above bonds are issued covers the entire property of
the company (including the 2,000,000 acres of land), at the
rate of $12,000 per mile of completed road.
The proceeds of sales of land are specially devoted 'to a sinking
fund, and are to be applied by the trustees to the purchase of
the bonds at or under 105 per cent, or to the retirement of the
bonds by lot at a premium of 5 per cent. There is no prior
indebtedness upon the property, except an old mortgage for
$120,000 upon ten miles of the railway, maturing in two years,
and one of $366,000 on eighty miles, due in 1893, both of which
the company is prepared to pay off. The total amount of the
bonds provided to be issued is $8,000,000, of which §6,780,000 is
now to be issued. The entire issue has been sold by the company, and a limited amount is now offered to the public at 104
per cent and interest from July 1, the right being reserved to
advance the price at any time. The net earnings from the
operations of these railways for the year ending December 31,
1878, were $806,000, and for the first four months of 1879,
J. S,
entire loan is
On the extension of the Branch Line from Alexandria,
Minn., to Barnes, 76 miles, there is now 53 miles of grading
completed, and track-laying has been begun at Alexandria.
Work on the remaining 23 miles is in progress. The branch
line extending from the St. Vincent Extension at Crookston,.
Minn., to Fisher's Landing, on the Red River, 12 miles, is to be
extended 15 miles further to Grand Forks, in Dakota.
The St. Paul Pioneer Press says: " It was understood recently
that the differences between the St. Paul Minneapolis & Manitoba Company and the Canadian Government in reference to
the Pembina branch of the Canada Pacific, which was constructed as a continuation of the Minnesota line to Winnepeg
were the subject of negotiations which it was expected would
result in an amicable settlement; but a telegram from our St. Vincent correspondent would indicate that these negotiations have
failed, for Mr. Stevens, the president, Mr. Hill, the manager,,
and other officers of the St. Paul Minneapolis & Manitoba road
are stated to be there making preparations to extend the road
The St. Vinon the west side of the Red River to Winnepeg.
cent branch is to be extended on the east side to a new town-site
i'ust over the boundary in Manitoba, near Emerson, which
las been recently located by Donald Smith, where a bridge is
to connect the lines on the east and west side. For this purpose
Mr. Stevens and his associates have purchased the charter of a
Manitoba company, under which they can construct the new
line without the permission of the Canadian Government.
—
:
1878.
$2,407,165
1,448,813
upon the
—
Pennsylvania Railroad.— The earnings and expenses for
July, and for the seven months ending with July, have been
reported for all the lines east of Pittsburg and Erie. The
for July are
figures
6
1879.
$2,713,338
1,746,434
total interest charge
XXIX.
—
bonds.
Gross earnings
Working expenses
The
[Vol.
&
St. Paul
Sionx fity-Sioux
Chir.ngo Tribune reports that the
&
City
Paul
Paul— The
St.
&
Sioux City
City & St. Paul Railroad, and the two companies have consolidated under one
organization the St. Paul & Sioux City Railroad which owns
the whole line from St. Paul to Sioux City. All outstanding
The
securities are to be taken up and replaced by a new issue.
road will have but $10,000 of interest-bearing debt per mile on
its 460 miles.
The St. Paul & Sioux City Railway Company has
executed a mortgage or trust-deed in the sum of $4,600,000, in
favor of the Central Trust Company of New York, on all the
consolidated properties, to secure a like issue of 6 per cent gold
bonds, which are to replace all outstanding bonds and other
The trust-deed provides that at no time and in no
securities.
event shall the amount of bonds issued exceed $10,000 per mile,
and, while providing for future extensions of the lines and
further issues of bonds at the same rate on the new road, limits
the whole issue to $7,000,000. The new plan of financial reorganization provides, in addition to the issue of bonds to the
amount of $10,000 per mile, for an issue of preferred stock
to the amount of $10,000 per mile, and for a like issue of common stock. This trust-deed has just been placed on record, or
is in process of being so, in all the counties, some twenty in
number, traversed by the lines of the St. Paul & Sioux City.
Tennessee Uonds. Holders of Tennessee State bonds issued
in aid of railroads, if desirous of taking part in the suits which
have been instituted to recover from the railroads what the
State refuses to pay, are requested to prove their claims before
Mr. William H. De Lancey, Special Master, appointed in the
ease by Justice Strong. The suits are brought against all the
railroads in aid of which the State issued bonds. The Special
Master will attend at his office, 52 Broadway, from 12 to 3 daily,
from August 27th to September 27th, to take proofs of any
claims against the railroads. An advertisement at length will
Railroad
St.
Company has bought the Sioux
—
—
—
be found
in
another column.
Wabash— Kel Kiver.— The Wabash Railway Company
has
leased the Eel River Railroad, between Logansport and Butler,
Indiana. This road was organized originally as the Detroit Eei
River & Illinois Railroad, and was opened to travel in 1874. It
was sold under foreclosure proceedings in 1877, and reorganized
under its present title in December of the same year.
The Eel River Railroad has no bonded debt, and its capital
stock amounts to $2,792,120, of which $76,500 bonds of the former corporation has not yet been exchanged for stock of the
new company according to the terms of the reorganization. A
dividend of 2 per cent was paid from the earnings of the year
1878. Under the terms of the lease, the Wabash Company
guarantees annual dividends on the stock of 3 per cent for five
years and of 4% per cent thereafter. The New York 'Tribune
says of this transaction " The road is owned mainly by persons in Boston and Detroit, and one of its directors, James F.
Joy, of Detroit, was elected several months ago a director of
the Wabash Company. The acquisition of this road is regarded
by directors of the Wabash Road as of great consequence to the
It removes, it is claimed, a formidinterests of that company.
It is the key to the
able rival for the Southwestern traffic.
It is thought
situation,' a director exultingly said yesterday.
of a Detroit extenthe
problem
to afford a probable solution to
The
sion, which for several weeks has been held in abeyance.
proposed fusion of the Grand Trunk and Great Western Roads
of Canada, with which the Wabash had agreed to build an inde:
'
line between Toledo and Detroit, has delayed the
building of the road. It is thought now that in case that agreement should not be fulfilled, the Wabash Road may complete
the Eel River Road from Butler to Detroit. The building of
that line would give a nearly air line between St. Louis and
Detroit, If it should not be found necessary to extend the
road, the acquisition of the Eel River Road would enable the
Wabash Company to make terms with the Lake Shore Road, to
which the leased road has been an important feeder. It is
believed to be not impossible that with adequate encouragement both lines to Detroit, one from Butler and the other from
Toledo, may be built,"
pendent
.
Acgdst o;0,
1879.
.
—
:
:
THE CHRONICLE.
|
227
COTTON.
Fbidat. P. M., Aug. 29, 1879.
as Indicated by our telegram*
from the South to-night, is given below. For the week ending
this evening (Aug. 29), the total receipts have reached
4,875
bales, against 4,843 bales last week, 3,482 bales the
previous
week, and 3,945 bales three weeks Bince. The details of the
receipts for this week (as per telegraph) and for the correspond In*
weeks of four previous years are as follows:
Thr Movement of the Chop,
Friday Nioht, Aug.
The weather has become quite
29, 1879.
an admonition of
the approach of autumn, prompting a return from summer
resorts, and imparting an impulse to mercantile activity.
The
money market has continued very stringent, but is easier the Receipts tills w'k at
1879.
1878.
1877.
1876.
1875.
past two days. The yellow fever does not spread at the South.
779
1,091
749
1.551
613
The export of breadstuffs continues on an enormous scale, and Mobile
126
453
140
486
336
Charleston
the speculation in cotton has been very excited.
94
1-.408
139
•.•:;
565
33
Provisions have been gradually declining; the legitimate
29
55
569
5.500
301
4.036
821
demands are still very moderate, and there appears to be an
2,069
5,904
2,141
3,963
5,327
Absence of all speculative confidence. The indications point to
601
135
37
a, large crop this fall.
To-day, further declines were noted, and
322
459
437
1,621
1,011
11
143
only a moderate trade was reported. The advices from Chicago Florida
2
6
106
233
49
98
69
were unfavorable. Pork sold on the spot at ^8 60 for ordinary,
Norfolk
198
274
311
901
1.609
and $8 95 for fancy lots. September options sold at $8 45, and
151
29
23
132
October at $8 60; November was offered at $8 60. In lard
Total this week
4,875
15,784
4,335
13,278
10,662
there were sales of prime western on the spot at 5 82^c, but
Total since Sept. 1.
at the close 5'85c. was asked; September options sold at 5"82^c;
October at 5 85c.@5'87/£c; December, 5'67^c; and seller all
The exports for the week ending this evening reach a total of
the year 5 65c; refined, to the Continent, quoted at 6'20c. 7,870 bales, of which 6,845 were to Qreat Britain, 1,006 to
Bacon has been quiet, and more or less irregular, at 5c. for long France, and 19 to rest of the Continent, while the stocks as
this evening are now 66,398 bales.
Below are the
clear western on the spot. Butter, of fine quality, has latterly made up
stocks and exports for the week, and also for the corresponding
been in demand, and steadier, but cheese has continued dull at week of last season
easy prices. Tallow active at 5 13-16c. for prime.
EXPORTED TO—
Week
STOCK.
Total
Same
In Brazil coffees a fair movement has been reported, and
ending
this
Week
ContiWeek.
1878.
1879.
prices are retained in steady positions; fair cargoes quoted Aug. 29. Britain. Franoe. nent.
1878.
at 13?2c.; stock here in first hands on the 27th instant, 96,028
N. Orl'ns
....
638
4,432
4,150
bags. Mild grades have continued in demand at steady figures. Mobile..
....
....
313
1,069
172'
Rice has sold in a good, steady way at late prices. Molasses has CharlTi)
1,465
1,523
4,315
exhibited more firmness, owing to improved demand; 50-test Havan'h.
1,006
Qalv'fn1,006
5,074
2,869
Cuba refining quoted at 24^@25c. Refined sugars have N. York.
5,918
19
3,544 46,196 24,543
5,937
received moderate attention; crushed grades quoted at 8%c; Norfolk504
504
688
211
raw grades have been fairly active at firm prices.
423
Other*..
....
....
423
555
8,000
8,000
cool, giving
. .
-
-
-
—
„
Hilda.
.
Receipts amce Aug.
Sales since
1,
1879
35,092
36,602
87,874
84,355
Stock Aug. 27, 1879
Stock Aug. 28, 1878
Boxes.
1,563
2,160
28,547
13,185
Bags.
Melado.
30,536
45,830
666,662
201,799
1,650
1,680
4,4 M9
2,662
Fair to good refining quoted at the close at 6 5/8@6%c. bid.
Kentucky tobacco shows a slight increase in the volume of
business, but at prices indicating some decline. Sales for the
week, 800 hhds., of which 400 for export and 400 for home consumption. Lugs quoted at 3M@5Mc, and leaf 6@12c. Seed
leaf has been unusually dull, the sales of the week aggregating no more than 450 cases.
Prices, however, are about
steady.
The following are particulars of transactions 200
cases 1878 crop, New England, ll@12^c. and private terms;
:
50 cases 1877 crop, New England, 14@19c; 50 cases 1877 crop,
Pennsylvania, 10@18c; 50 cases 1878 crop, Wisconsin, 9^c;
and 100 eases sundries, 9@18c. Spanish tobacco also quiet and
unchanged; sales 500 bales Havana at 82c. @$1 10.
Ocean freights have been moderately active, but the strong
tone that has been noticeable for the past few weeks is now
lacking.
Kates, in
many
and a much
better supply of tonnage is available. Late engagements and
charters include: grain to Liverpool, by steam, 7M@Sd., 60 lbs.;
provisions, 35@40s.; grain to London, by steam, 7^@7%d.;
•cheese, 45s.; grain to Bristol, by steam, 8Md., 60 lbs.; grain to
Cette or Marseilles,
instances, are lower,
per quarter; do. to Naples, 6s. 3d.;
Bordeaux or Antwerp, 6s. 4^d.@
6s. 6d.; refined petroleum to Bremen and Antwerp, 4s.; naphtha
to Liverpool, 5s. To-day, rates were more steady; grain to
Liverpool, by steam, 7%@Sd., 60 lbs.; do. to London, by steam,
6s. 3d.
do. to Passages, 7s.; do. to
and Avonmouth, by steam, 8^d.; do.
by steam, 8^d., 60 lbs.; do. to Havre, by steam, 20c.
per bushel; do. to Cork, for orders, 6s. 4%d. per quarter; do.
to Passages, 6s. 9d.@7s.; do to Havre or Antwerp, 5s. 9d.; re8d., 60 lbs.; do. to Bristol
to Cardiff,
fined petroleum to Trieste,
crude petroleum to Havre,
5s.;
do. to
German
Baltic,
4s. 9d.;
4s.; do. to Marseilles, 5s.
In naval stores the centre of attraction has been spirits turpentine; the arrivals have fallen off, the demands have been
more liberal, and prices have been advanced to 27c. Petroleum
was steadier at the close, as the market is well cleared of re-sale
contracts; refined, in bbls., 6%c. for early deliveries. American and Scotch pig irons have latterly been less active, not for
the want of demand, but owing to the exceedingly limited
supply available.
Rails are also quiet, but .very firm; steel,
at tide water, quoted at |50.
Old iron rails have sold to the
extent of 10,000 tons, part at $26 50@$27v Ingot oopper sold in
a jobbing way at 16M@16%c.
Whiskey nearly nominal at
#1 06>2@$1
07.
.
Tot. this
week..
19
1,006
6,845
7,870
4,737
66,398
46,622
Tot.slnce
Sept. 1. 2086,620 415,277 919,357
3421,254 3335,709
this week under the head of " other ports" Include, from
Hultlniore, U87 bales to Liverpool from Philadelphia, 100 bales to Liverpool.
and from San Francisco, 36 bales to Liverpool.
»
The exports
:
From the foregoing statement it will be seen that, compared
with the corresponding week of last season, there is an increase
in the exports this week of 3,133 bales, while the stocks to-night
are 19,776 bales more than they were at this time a year ago.
In addition to above exports, our telegrams to-night also give
us the following amounts of cotton on shipboard, not cleared, at
the ports named.
add also similar figures for
York,
which are prepared for our special use by Messrs. Carey, Yale
Lambert. 60 Beaver street
We
New
&
On
Aug. 29,
Shipboard, not cleared— for
Leaving
at—
Liver-
France
Other
Foreign
Coastwise.
None.
None.
None.
None.
None.
None.
None.
613
None.
None.
None.
None.
None.
None.
25
None.
None.
None.
pool.
New Orleans.
Ualveston
New York....
None.
None.
None.
None.
None.
4,080
Other ports...
300
Mobile
Charleston...
Savannah
4,380
Total
*
None.
8,816
None.
3.929
Total.
613
None.
25
None,
None.
Stock.
3,819
313
147
200
500
1.523
5.074
37.30O
8,138
225
10.031
56,364
*8,890
Included in this amount there are 1.D00 bales at presses for foreign ports, the
we cannot learn.
is our usual table showing the movement of
all the ports from Sept. 1 to Aug. 22, the latest mail dates:
destination of which
The following
cotton at
RECEIPTS SINCE
SEPT.
Ports.
N.Orlns
Mobile.
Char'n*
Sav'h
Gal v.'
N.York
Florida
N. Car.
Norf'k*
Other..
1.
EXPORTED SINCE
Great
1878.
1877.
Britain.
1173,95
362,254
514,653
706,144
571,558
U7.66'
56,704
135,19
560,308
219,960
1371,780
413,691
460,345
600,819
450,031
144.132
14,347
144,728
510,116
163,476
676,859
57,954
150,410
205,463
224.653
284,031
13,750
44,472
193,829
228,348
rhisyr. 4448,400
_
France.
I
SEPT. 1 TO
Other
Foreig,,
317,326
29,077
176,143
232,677
61,010
27,213
135
18,589
5,098
496 18,470
218,499
35,583
57,140
23,046
59.478
14,699
1,967
2,050
713
stock.
Total.
1242,684
4,036
123.214
292
383,693
14S
1,437
461,786
348,141
5,667
325,913 62,357
15,858
129
65,111
1.310
199,610
9,750
247.314
079,775 414,271 919,338'3413,334
85,176
Last year...
4273.515 2151.305 497.743 681,924 3330.972 49.327
" Under the head of Charleston is included Port Royal, 4c; under the head of
'HivuUm is included Indianola, 4c; under the head of Sorfolk is included tltr
Point. 4c.
Cotton on the spot, the past week, has been in good demand
consumption, with some business for export and specuvery buoyant prices. There were advances of Jc. on
for home
lation, at
.
.
THE CHRONICLE.
228
Saturday, Wednesday, and Thursday, carrying middling uplands
to 124c. The advancj is based on the very small movement of
the new crop and the rapid reduction of stocks. The foreign
markets have responded but partially to*our advance. To-day,
The speculation in
the market was quiet and unchanged.
futures has been active, with feverish excitement, much irregularity in values, and wide fluctuations, as may be seen from our
There has been a partial " corner " on contracts for
table.
August and September, but better weather at the South has of
On Saturday, howlate weakened the more distant deliveries.
ever, the speculation was diverted largely to the later months,
owing to reduced estimates of the coming crop that were put out
by some with much confidence. There was, consequently, an
advance on that day of 30@33 hundred hs for the later months,
while September was onlyl9 hundredths higher. But Wednesday and Thursday reversed this while September advanced 41
hundredths, November to March declined 9 to 11 hundredths
thus increasing the range between September and December
from ljc. to over 2c. To-day, the market was feverish, but the
close was again irregular, September beisg slightly dearer, and
the later months slightly lower.
The total sales for forward delivery for the week are 799,400
free on board.
For immediate delivery the
bales, including
total sales foot up this week 6 699 bales, including 677 for export,
in transit. Of
5,745 for consumption, 277 for speculation, and
the above, 700 bales were to arrive. The following tables show
the official quotations and sales for each day of the past week:
Bales.
100
2,600
NEW
Aug. 23 to
Aug. 29.
Sat.
Hon
ITIon TllCk Sat.
2,80(1
Wed
Th. Frl.
H 9 16
1
LowMidd'g;ili5;« 123, 6 123, 6
8tr.L'wMidil2ie 12% !l23g
Middling... 12 M 12*2 '121s
Good Mid.. 129, c 1213, 6 1213 16
'
Btr. G'd Mid 12i3j S 131,6 13i„
Midd'gFair!l3>2 13 s! 13%
1438
1438
13*8
Fair
Mon Tues Wed
Sat.
$
$>
H
113,6
'
Good Ordinary
trict Good Ordinary
Low Middling
Middling
10%
11%
1034
117,6
1111,
ll'ie
2,!00.
8V00
130
Ex-
Bat.. Nom'latadv.of
Knn
Con-
%
Nom'l, at %adv..
Steady, at M ad v.
Quiet, but firmer.
156
390
309
"75
677i 5,745
277
577
sit.
"18
28
2,224
1,073
1,674
ib'6
Firm
10-49
10 48
100
900
200
10-61
10-64
!o ;e
500
100
200
200
800
10-77
10-80
10-81
10-83
10-60
1081
10 62
1,600
1,800
10-661
10-68
.... ..
1,700.
1,500
4,800
1,900
800
400
900
72,700
1,600
1.4<>0. ..
10-70
10--1
10-72
10-73
10-74
10-75
10-77
2,600
200
800
Cts.
200
400
200
100
1080
_500
.
1088
For Marcb.
200
200
500
900
100
100
300
10-65
10-76
10-76
10-77
10-78
10-79
1080
800
300
10-81
10-82
10-83
10-86
10-87
10-89
10-90
10-91
600...
1,100
100
100
700
100
300
200
1092
1,100
1093
100
10-94
10-95
10 98
10-99
100
100
600
700
1100
1102
100.
9,900
For April.
10-57
10-60
10-67
iroa
1V04
1110
1112
2,000
000
1068
10-71
10-72
10-74
10-88
10-88
10-98
400
8:0
100
210
10 64
100
3,600
I
1
The following exchanges have been made during the week
119
pd. to excta. 100 Oct. for Sept.
I
-66
1'
1068
1,100
10-6 >
10-71
10-73
1 -74
10-75
10-77
10-78
... 10-79
10-80
10-82
10-86
10-88
100
100
200
100
100
100
600
100
10-40
10-81
10-86
200. ...
For Feb. nary.
For January.
10-75
2,400
24,000
10-79
10-80
10-81
500
600
10 37
1069
10-7-t
2,200
far December.
300
1036
800
800
500
1067
Bales.
10 68
1,000
1.000
1065
500
1079
10-65
!0-6«
10-67
500
10 59
1,00
900
500
900
200
100
200
1,600
1058
10 75
1004
..10-58
10 54
900
8,000
1,200
l.'OO
1,400
2,100
8,700
2.100
2,200
2,200
1,700
500.
1,200
1,200.
10 53
,0-54
10-56
10-56
10-67
10-58
10-59
10-6)
10-61
10-62
10-63
10-50
10-51
10-52
10-55
10-56
10-57
1
-05 pd.
:
to exch. 200 Aug. for Sept.
The following will show the range of prices paid for futures,
and the closing bid and asked, at 3 o'clock P. M., on each day in
the past week.
Futures
Saturday.
Monday.
Tuesday.
Market.
Buoyant.
Depressed.
Firmer.
Frl.
H
Frl.
For Day.
Closing.
For Day.
For Day.
Closing.
Closing
High. Lm. Bid. All High. Low. Bid. Ask High. Low. Bid. Ask
-1210 1214 15
August 12-00-1 1-99 1209 10 12-11-12.08 1202 04
-12-02
" s.n.
-11-98
Sept'b'r 1214-11-98 12-08 09 12-20-12-00 1200 01 12-14-11-88 1213 14
-
—
—
11-20-10-88 10-87 88
October 1112-10-81 1108
10-83-10-49 10-48 49
Nov'ber 10-76-10-53 10-75
10?l-10-46 10-44 45
Dec'ber 10-75-10-50 10-73
Jan'ry 10-82-10-56 10 80 82 10-88-10-57 10-50 51
Feb'ry.. 10-88-10-66 10-88 90 10-86-10-66 10-60 61
March 1100-10-76 10-99 i 1102-10-75 10-72 75
April.. 11-12-11-10 11-10 12
1205
1210
Tr. ord
Weak.
Steady.
Closed.
1104-10-77 11-03 04
10-66-10-38 10-66 67
—
10-63-10-36 10-63
10-67-10-40 10-69 71
10-74-10-54 10-79 81
10-89-1065 10-89 92
-10-88
12-15
Firm.
—
Futures
Spec- Tran-
75
1047
100
400
200
800
200
800
10 62
10-63
2,600.
1,500
SALES.
port. suinp. ut't'n
800
300
1,^00
5,700
8,200
1,200
;6,400
11
11*4
11%
1138
1158
11%
117,6 llU,f 1116,6 1116,,
1111, ( 1115,6 123,6 123,6
ml?16
10-44
10-45
10-46
1061
10-71
10-72
10-78
10-74
...
1043
3,000....
10-65
10-61
10 67
10-68
10-69
10-70
..
200
10-42
700.
600
1064
6,800
4,800
1,000
1,500
1,800
2,100
8,10"
1,700
8,700
1,200
1034
8ALE8 OF SPOT AND TRANSIT.
CLOSED.
Th.
10-43
10-44
10-45
...10-48
10-47
10-49
10-50
1,900
1,800
4,700
1059
1060
1,500.
4,800
3,300
2,000
11%
11%
MARKET AND
SPOT MARKET
Til.
10-5^
10-58
10-57
10-58
3,30.1
3 16 113,6
1016,6
9
"16
116,6 119,
J6
U15„ 1111,6 1115 16 1116,6
123,6 1115,6 123,6 123,6
125,6 121,, 125,, 12o, 6
12% 1214 1213 12%
1268
123g
125g
125s
1215,6 1211,6 1213,6 1215,6
133,a '1215,6 133,6 133,6
1376
137g
1358 |1378
14% '1414 Il4i2 14%
Ordin'y.$1b 1013,6
11*16
Strict Ord. 113,6 117'I . H'l«
Good Ord.. 119,6
wilj^ia
2l116 !121,.
Btr. G'd Ord 1113
STAINED.
Wed
Frt.
100
100
200
,
1084
2,000
2,700
.
10-41
1,000
10-5*
10-53
H
H
H
Cts.
100.
E00
600
200
I
800
...10-51
Ordiu'y.$lb 109,6 109,6 109,6 1011,6 1011 U 1011,6 1011,6 1011,6 1011,6
Strict Ord.. 1016 16 1016, e 1016,6 1H16 ll'ie IH16 1H16 lHt6 11*16
7 16 117,6 117,6 117,6 11 7
Good Ord.. 115,6 115,a 115,6 117,6
]6
9 16
9
llli, 6
Btr.G'dOrd
]6 I19,a lllt,6 H"l6 1111,6 llli,6 lllt,6
Low Midd'i! 1111,6 H«16 Ult,6 1113,6 1113,6 1113,6 1113,6 1113,6 1113,.
7
7
1178
12
12
12
12
JBtr.L'wMid 11 8 11 8
12
1218
12
12
12% 12is 1218 12ie I2ie
lOddling.. 12
Good Mid
126,6 126, 6 126,6 127,6 127,6 127,6 127,6 127,6
Btr. G'd Mid 129,6 129, a 12»,6 1211,6 12li,6 1211,6 1211,6 1211,6 12ii, e
Midd'g Fair 13 H 13 14 1314 1338 13% 1338 133« 1338 1338
13'8 13 '8 14
13?8
14
Il4
14
14
14
Fair
Bales.
1018
DM)
TEXAS.
Tnet Sat. Mon. Tae«
Cta.
10-88
10-40
100.
:400
ORLEANS.
Bales.
1,600
100
10-46
10-47!
1,000
—
'
10 49
•1,100
—
I
|Vol. XXIX.
500
100
100
10-49
10-50
;
UPLANDS.
Cts.
10-42
10-43
10-44
1,400
•
;
Mil
.
FUTURES.
Deliv
Total.
Sales.
eriea.
75 149,700
2,342 164,200
1,101 116,900
2,407 127,000
390 139,200
384 102,400
400
400
700
500
300
500
6,699 799,400
2,800
12-59 60
1106
—
10-56 57
10-47 48
10-53-54
10-65 66
10-77 78
For forward delivery the sales have reached during the week
799,40) bales (all middling or on the basis of middling), and the
following is a statement of the sales and prices
:
For August.
Bales.
100".
n
•100
hoc
Cts.
11-98
11-99
400
1200
1202
1209
1210
1100
12-11
400
100
100
100
260
1219
1220
.u
100
SCO
12-25
12-28
12-30
12-32
12-83
12 86
12-40
12-56
12-57
100.
100
400.
800.
W0
400
100
8.11.
•00
IO0
200.
200.
000.
300
100
30th 12 58
12 58
12-59
12-60
1261
12-82
12 63
12-64
.12 66
Bales.
600
900
1,800..
5,400
6,-00
3,600
4,000
4,700
8,800
10,600
9,500
12,400
7,000
6,500
3,900
7,900
5,700
1,300
1,200
3,300
.
.
1213
12 14
1215
1216
1217
1218
1219
1220
...
12-31
7,800.
11-89
0,110
*400
1190
1191
1192
1193
1V94
1195
1196
3,500
8,900
2,500
2,600
1,500
12\0
1,100
200
900
6,100
2,700
4,300
1,900
2,200...
2,000
100
500
100
12-72
12-78
12-74
12-75
12-76
12-77
12-35
12-88
...
.1287
12-33
12-8J
12-40
12-45
12-46
12-49
12-60
12-51
12-68
1
I
1
I
I
I
!
For October.
10-74
10-75
400
1077
H-78
10-79
10-80
10 91
J, 700
"
To 2
P. M.
tile.
7,500
10-1-2
1 -93
3000
2500
l'-Hl
10-95
telegraph, is as follows.
8,500....
10-96
10-97
10-98
10-9H
of last Saturday, but the totals for Great Britain ar.d the afloat
1100
1101
>7,'00
'0,900
I
12-80
2,800
2,100
1090
4,300
8,.'00
'.2,700
I
!
Cts.
10-89
6.10"
8,200
1279
1
8,000
3,600
2,900
1,000
2,200
1,500
8,900
6,900
2,800
1,900
4,500
•
I
1278
12 301274,000
1188
«,900.
12 71
1229
900
600
1264
...12-70
1,0 0.
1
12-69
12-60
12-61
12-62
12-63
00
1,'.'00
400.
12 57
12-68
500
900
1
700
800
Bale;,
2000
11000
la-54
12-55
12-56
1300
400
84100
11-99
1
Cts.
12 53
12-65
12-66
12-67
12-68
12-69
12-22
12-23
12-24
12-25
12-26
12-27
12-281
1233
1*34
!»#>>
1
5,900
7,100
3,200
4,210
4,800
3,500
8,100
12-21
100
1,000
2,700
1,100
2,100
12-32
1198
5,50>
1211
1212
600
11-97
500
2,000
2,800
4,800
li-OV
12-10
1,800
800
2,000
1,500
1207
1208
For September.
11-87
SJ00.
•,100
900
12-01
400
600
•00
•00
BOO
300
•00
Bales.
2,600
Cts.
1201
1202
1203
1204
1205
11,000
7.S0I
8,700
6,500
15,500
15,600
9,000
13,200
S.300
2,600
10,000
6,200
6,800
7,800
11, "00
9,000
8,600
8.600
1,700
5,200
2,700
4,100
3,200
1,800
10-81
1,900,
10 82
10-8S
330,300
.
11-02
11-03
:i-04
l'-05
11-06
11-07
11-08
11-09
11-10
11-11
11-12
...1113
1114
1115
1116
11-17
11 18
U-1H
1120
11-21
11 22
11-23
1124
11-26
1126
11-27
The Visible Supply of Cotton,
The
10-5
10-88
10-40
600
10-41
cable
and
Continent are this week's returns, and consequently
brought down to Thursday evening; hence, to make the totals
the complete figures for to-night (Aug 29), we add the item of
exports from the United States, including in it the exports of
Friday only:
Stock at Liverpool
Stock at London
1879.
417.000
58,340
'
1878.
533,000
14,500
1876.
1877.
806,000
32,750
804.000
41,500
845,500
163,500
4,750
72,000
11,000
55,000
61,000
15,000
17,500
15,250
414.950
Total Great Britain stock . 475,340
100 740
Stock at Havre
2.1O0
8tock at Marseilles
22,000
Stock at Barcelona
3,000
Stock at Hamburg
20.172
Stock at Bremen
41,322
Stock at Amsterdam. .....'... I
1,596
Stock at Rotterdam...
200
Stock at Antwerp
4,854
Stock at other conti'ntal pone.
552,500
156,750
7.003
7,250
37,750
43,500
9,000
6.500
14,250
838.750
209,000
12,000
62.000
13,500
64.750
40,000
10.750
7,750
14,750
.
195,984
303,000
434,500
..
671,324
855,500 1,273,253 1,260,450
F«r November.
2,200
1,100
made up by
for the
10-84
10-88
10-87
10-38
as
Continental stocks are the figures
Total European stooks..
21 ,000
:
—
.
.,
.
August
.
..
THE OHRONICLK
30, 1879. J
Total visible supply
Of the above, the
follows
American
totals of
1876.
1877.
1878.
1879.
243.754
32,000
3.721
Egypt,Brazll,&c.,aflt for E'r'pe
G6.39S
Stock In United States porta
3.581
Stock In U. S. interior ports.
4,000
United States exports to-day
252.000
44,000
10,000
115,272
9,145
1S5.000
23,000
12,000
48.022
4,030
India cotton afloat for Europe.
A mer'n cotton afloat for Eufpe
370,000
52.000
20.000
125.29s
9,962
1,000
500
1.024,781 1,130.852 1.709,087 1.841,705
American and otber descriptions are as
—
American afloat for Europe
United States stock
United States Interior stock*.
United States exports to day
.
Total American
East Indian, Brasil,
415.000
248,000
23,000
40,022
4,030
513.000
342,500
44,000
115,272
504,979
737,152 1,023,917
921,255
151,000
5^,340
62,984
243.754
3,724
123,000
14.500
293.000
32,750
92,000
252,000
10,000
373,000
41.500
112,950
370.000
26,000
519,802
504,979
399.500
085.750
737,152 1,023,917
923.450
921,255
431 ,000
302,000
52,000
125,203
9,145
&c
1,000
.-,5,000
193,000
12,000
movement — that
is the receipts
At the Interior Ports
and shipments for the week, and stocks to-night, and for the
corresponding week of 1878 is set out in detail in the following
statement:
the
—
Week ending Aug
Receipts Shlpm'ts
Augnsta, Oa
Columbus, Qa
Macon, Oa
Montgomery, Ala
Belma, Ala
Memphis, Tenn..
Nashville, Tenn..
Total, old ports.
Dallas, Texas
Jefferson, Tex.*.
Sbreveport, La ..
Vicksburg, Miss..
Columbus, Miss..
Eufanla, Ala
Ga
Atlanta, Oa
Griffin,
Charlotte, N. C*.
Total, new p'rts
Total, all
Estimated,
78
35
51
219
173
722
238
25
794
213
.
29, '79.1
Week ending Aug.
Stock.
Receipts Shlpm'ts Stock.
424
545
319
345
259
386
30, '78.
1,092
1,273
500
558
573
549
79
112
912
700
495
271
405
201
115
1,091
3,581
3,525
3,099
4,030
45
226
150
320
33
22
137
7
404
4
275
48
35
60
1
10
161
69
200
6U
6
8
705
564
16
13
25
184
92
12
1,154
328
369
378
499
1,243
121
5
191
31
5
25
3
10
10
20
106
80
97
109
41
146
451
1.38U
756
397
277
400
64
287
90
25
84
129
806
718
753
900
3,720
1,707
1,549
2,503
1,547
1.991
7.301
5.232
4,648
6,593
10
12
1
18
-
25
28
16
80
332
31
39
j
The above totals show that the old interior stocks have
decreased during the week 141 bales, and are to-night 449
bales less than at the same period last year,
fhe receipts at the
same towns have been 2,731 bales less than the same week last
year.
—
Receipts from thr Plantations. The following table is
prepared for the purpose of indicating the actual movement each
week from the plantations. Receipts at the out ports are sometimes misleading, as they are made up more largely one year
than another, at the expense of the interior stocks. We reach,
therefore, a safer conclusion through a comparative statement
like the following:
RECEIPTS FROM I'LAKTATIOIIS.
Receipts at the Ports. Stock at Inter'r Ports Reo'pts from Pl&nt'ns
endingApr. 4..
" 11..
" 18
" 25..
May
"
1877.
1878.
mjm
59,886
9..
21,183
18,010
26.641
16,560
17,309
16..
18,288
.
3..
12,14'
"
SO..
1879.
20,097
19,732
19,897
16,673
17,113
11,089
June
6.
9,390
"
IS..
8,526
11,231
0,812
"
«0.
8.526
6,519
10,721
7,188
6.298
11..
6,102
4.404
6.879
5.949
5,287
18..
8,676
3,782
2,809
85.
3,272
2.503
'•
"
"
27..
4..
0.661
1877.
1878.
1879.
54,283 140,649 119,991 116,879
51,391 44,851 133,863 108.683 107,005
39,018 40,187 128.411 95.979 91.966
38,856 36,183 117,074 89,142 87,294
31,196 22,2-3 107,534 75,550 78,982
24,252 19,031 97.696 65,770 71,548
18,220
12.380
"
July
Weather Kkpouts by Telegraph.— Although
rain baa
sections the past week, there has been very little
in those places where caterpillars were feared.
Undoubtedly the
many
prospect at present
is
more
favorable, but dry, hot weather la
genera' ly needed to mature the plant.
Oalcest/m.
0,9,1
500
1,024,781 1,136.652 1.709,667 1,844,705
Total viaiblo supply
Oi3iod.
6d.
Price Mid. Upl., Liverpool ....
6«i8d.
6d.
These figures indicate a decrease in the cotton in sight to-night
of 111,871 bales as compared with the same date of 1878, a itarcane of 684,886 bales as compared with the corresponding date
of 1877. and a decrease of 819.924 bales as compared with 1876.
Week
That the total receipts from the plantations since Sept 1 i*
were 4,457,281 bales; in 1877 8 wore 4,379,410 bales; ia
were 8,944,843 bales.
2. That although the receipts at the out ports the past week
were 4,875 bales, the actual movement from plantations was
only 4,713 bales, the balance being drawn from stocks at the
Last year the receipts from the plantations for the
interior pons.
same week were 16,378 bales, and for 1877 they were 8.018 bale*.
1.
1878-9
1876-7
Texas.— We have had a shower on one day during
the week, 'he rainfall reaching fifty -one hundredths of an inch.
Crop prospects are unchanged, and picking is progressing finely.
The thermometer has averaged
Egypt, Brazil, &c, afloat
Total East India,
Total American
260.000
133,000
32,000
66.398
3,581
4,000
./v.
Liverpool stock
London stock
Continental stocks
India afloat for Europe
*
The above statement shows —
fallen in
Liverpool stock
Continental stocks
229
3,032
3,299
4,086
Aug.
1..
2,691
3.671
"
8.,
2.102
3.089
4,65'
3,945
3,462
"
15.
1,7,1:!
"
28.,
2,644
5,699
4343
"
29..
4.335
15.784
4,875
88,378
79,009
87.786
57,509
52,154
45,709
35,811
32,077
28,997
27,979
25,361
2-1AT2
21,574
19,118
17,600
16.278
56,433
48,305
59,249
51.429
39,025
34,151
42.198
87,570
32,429
29,306
25.223
22.388
20,691
15,528
14,410
13,966
29,315
23,28'
21,240
19,675
18.033
15,494
12,527
11,005
65»sl
1878.
15,787
13,897
48,082
40,033 34,977
26,862 25,148
32,019 31.511
17,604 lS.CSl
14,472 11,615
7,600
10,760
8,853
9.604
7,882
10.940
6,461
7,509
1,471
6.392
4,065
4,1
2,210
4,832
13.058
15.304
7,020
7,471
4,988
4,780
8,171
2,141
1879.
2,368
4,384
802
1,324
3,615
1,243
1,335
1,119
2,149
3,154
2.059
3,028
1,890
2,668
1.204
410
7,463
1.126
2,549
5,460
73ol!
80IS
1«S7«
8,346] 13,0491
6.238
5.990
1877.
11,477)
829
4.713
81, the
highest being 90, and the
lowest 71.
Indianola, Texas.— There has been a shiwer here on one .day
the past week, with a rainfall of thirteen hundredths of an inch.
Picking is making excellent progress, and will close very early.
Average thermometer 86, highest 97, and lowest 75.
Carsicina, Texas.— There has been no rain at this point during
we are needing some. The weather is extremely
the week, and
hot.
Picking
is
progressing.
'I
he thermometer has ranged from
62 to 102, averaging 85.
—
The weather during the week has been warm
Pallas, Texas.
and dry, and a shower is desirable. The average thermometer ia
83, the highest 101, and the lowest 62.
—
Brenham, Texas. It has not rained here during the week, bat
would now do more harm than good. Picking is progressing
We are having very hot weather, the thermometer havfinely.
ing averaged during the week 87, with an extreme range of 83
rain
to 100.
—
New Orleans, Louisiana. We have had a heavy rain on one
day and a shower on one day the earlier part of the past week.
the rainfall reaching two inches and thirty -two hundredths. The
latter portion has been clear and pleasant.
Picking is progress
ing finely. The thermometer has averaged 82.
bhreveport, Louisiana.
Telegram not received.
Vicksburg, Mississippi.
Picking has progressed finely during
the week. New cotton begins to come to market.
Columbus, Mississippi.— We have had rain du ing the week on
two days, the rainfall reaching one inch and fourteen hundredths.
The thermometer has ranged from 70 to 83, averaging
Picking is making good progress.
81
Little Rock, Arkansas.— Friday last was cloudy with a light
rain, and on Saturday a very heavy rain began falling, lasting
thirty hours, and accompanied by a strong wind, doing considerable damage to crops.
Sunday was fair, with a light shower,
and the remainder of the week has been clear and pleasant.
The thermometer has averaged 73, the extreme range having
been 02 to 87. The rainfall for the week is five inches and sev-
—
—
.
enty hundred
Nashville,
Tennessee.
— It
has rained
the past week on four
two inches and forty-four hundredths.
Average thermometer 73, highest 90, and lowest 58.
Memphis, Tennessee.— It has rained here on three days, the
rainfall reaching two inches and ninety-seven hundredths, but
the rest of the week has been pleasant. Picking has commenced,
and will be general by the tenth. We are having too much rain,
and the weather has been too cold for early maturity otherwise crops are doing splendidly.
Average thermometer 78,
highest 90, and lowest 03.
Mobile, Alabama.
It has rained severely on one day and has
been showery two days the earlier portion of the week, but the
Accounts from the
latter part has been clear and pleasant.
interior are contlicting.
Much damage has been done by shedding, rust and worms.
The thermometer has averaged 78, ranging from 07 to 92. The rainfall has reached four inches and six
days, the rainfall aggregating
;
—
hundredths.
— We
had rain duriug the earlier part
Montgomery, Alabama.
of the past week on three days, the rainfall reaching seventyfour hundredths of an inch, but the latter part has been clear
and pleasant. The days have been warm, but the nights have
been cold. Pickiug is making rapid progress. The thermometer has averaged 70, the highest being 90 and the lowest 61.
Selma, Alabama. Rain fell the earlier part of the past week
on two days, but the latter portion has been clear and pleasant.
Cotton is opening quite well. Planters are sending th-'ir cotton
—
to
market
freely.
Madison, Murida.
days.
— Rain has
week on four
the extreme range
Caterpillars have appeared, though the,
fallen during the
The thermometer has averaged
having been 60 to
injury done
Is
95.
as yet limited,
77,
,
_
.
..
,
—
.
.
THE CHRONICLE.
230
— We have had rain on one day the past week.
has ranged from 70 to 90, averaging
Georgia. — There has heen no rainfall during the past
1878-79.
Macon, Georgia.
79.
The thermometer
dredths.
Charleston, South Carolina.—It has rained during the week on
two days, the rainfall reaching one inch and twenty hundredths.
The thermometer has averaged 80, the highest point touched
having been 89, and the lowest 67.
The following statement we have also received by telegraph,
showing the height of the rivers at the points named at 3 o'clock
give last year's figures (Aug. 29, 1878) for
Aug. 28, 1879.
We
^
comparison.
>7g
Feet. Inch.
6
11
^^
^
7g>
Feet. Inob.
7
31
Below high-water mark
•
10
8
5
Above low-water mark.
Memphis
10
1
11
Above low-water mark
Nashville
9
13
4
6
Above low-water mark
Bhre veport
..
..
1
Above low-water mark... 12
Vicksburic
ftew Orleans reported below high-water mark of 1871 until
Sept. 9, 1874, when the zero of gauge was changed to high-watei
mark of April 15 and 16, 1874, which is 6-10ths of a foot above
1871, or lb' feet above low- water mark at that point.
Hew
Orleans
.
.
.
.
. .
Bags, Bagging, Etc.—Bagging has been in fair
demand since our last, and there is more inquiry reported by
The orders coming in are not large, but in the aggredealers.
gate the amount is considerable, and the transactions are 1,100
But few lots are to be had under quoted figures, as
rolls in lots.
holders are not anxious to sell unless they obtain a full price,
Gunny
steady at 9(al0|c, according to quality. Jute
butts are not very active, and the only parcels being taken are
for present wants, and we only hear of sales to the extent of 500
(8600 bales. There is a firm feeling among holders, and the best
figures for prime goods are 2i92|c, as to quality and terms.
and the market
is
—
—
New Cotton. Wilmington, N. C. The first bale of cotton
of the new crop was received at Wilmington, August 28, and
sold at 12i cents per pound.
COMPARATIVE PORT RECEIPTS AND DAILY CROP MOVEMENT.
A comparison of the port movement by weeks is not accurate,
as the weeks in different years do not end on the same day of the
have consequently added to our other standing
month.
We
monthly statement, that the reader may con-
tables a daily and
stantly have before
him the data
for seeing the exact relative
named. First we give the receipts at
each port each day of the week ending to-night.
PORT RECEIPTS PROM SATURDAY, AUG. 23, '79, TO FRIDAY, AUG. 29, '79.
movement
D'ys
New
of
Or-
weTi
leans.
for the years
Hon
TUBS
Wed
Thur
Frl..
Char- Savan- Galleston. nah. vest'n.
bile.
33
12
15
2
10
14
14
63
10
7
40
126
779
Tot..
94
43
178
95
69
106
78
569
The movement each month
302
724
197
483
202
156
2,069
Norfolk.
Wil-
All
ming- others.
139
419
507
1,465
395
S.
562
698
330
666
8.
593
509
529
340
700
468
1,132
527
8.
776
764
347
239
309
520
" 13..
" 14..
"15..
" 16..
" 17..
8.
712
612
737
505
1,623
634
8.
" 18..
" 19..
1,219
S.
556
544
944
" 20..
" 21..
" 22..
" 23..
" 24..
" 25..
" 26..
" 27..
" 28.
" 29..
1,060
914
627
984
817
421
1,693
972
8.
1,587
8..
505
693
423
1,994
2,128
2,563
2,175
1,246
Novemb'r
Decemb'r
January
.
February.
March
April
.
.
.. ..
May
July
8.
839
618
247
364
245
531
8.
487
598
367
264
561
394
8.
1,167
693
586
404
341
365
8.
686
59
764
635
724
504
846
834
S.
1873-74
,768,597
1,092
521
8.
410
390
394
1,056
547
701
924
702
301
S.
207
1,141
1,168
1,032
960
8.
197
364
539
764
1,038
1,084
8.
701
604
647
967
787
604
218
1
8.
195
1,963
1,714
1,069
8.
457
330
224
303
395
675
845
789
007
S.
1,364
807
8.
1,499
864
1,102
592
607
971
8.
581
1,482
8.
532
912
769
1,168
46'
1,104
891
39'
901
899
944
736
8.
4,011
1,824
1,021
1,251
8.
This statement shows that the receipts since Sept. 1 up to
to-night are now 169,934 bales more than they were to the same
day of the month in 1878, and 482,774 bales more than they
add to the last
were to the same day of the month in 1877.
table the percentages of total port receipts which had been
received Aug. 29 in each of the years named.
We
—W»
India Exports of Cotton for the First Six Months.
take the following from the circular of Messrs. Wallace & Co.
of Bombay, under date of July 25, showing the exports from all
India from January 1 to June 30, for four years.
COMPARATIVE STATEMENT OF THE EXPORTS OF EAST INDIA COTTON TOEUROPE FROM 1ST JANUARY TO 30TH JUNE, FROM THE FOLLUWIXU
PORTS.
-1878.—
1879.
Great
Britain.
Bombay
Kurrachee
Continent.
Great
Total.
Britain.
Continent.
253,934
353,821
8,278
500
304,620
8,381
532,858
14,205
109,417
4,862
11.204
18,804
41,503
2,905
3,549
2,000
150,920
7,767
14,753
20,804
1,115
3,463
6,062
9,692
4,503
1,386
5,889
3,231
4,100
7.331
382,852
364,344
747.196
286,375
381,541
667,916
Great
Contlnent.
6,713
Calcutta
Rangoon
Madras
Tuticorin
Coconada and
Masulipatam
Total.
228,238
5,824
Carwar
38
33
18
29
37
43
16
7
4
421
305
60
28
3
45
198
75
572
965
Britain.
Bombay.
1,587
505
693
423
1,246
4,875
since Sept. 1 has been as follows:
1877.
1878.
288,848
689,264
779,237
893,664
618,727
566,824
303,955
167,459
84,299
29,472
13,988
98,491
578,533
822,493
900,119
689,610
472,054
340,525
197,965
96,314
42,142
20,240
1876.
236,868
675,260
901,392
787,769
500,680
449,686
182,937
100,194
68,939
36,030
17,631
1875.
169,077
610,316
740,116
821,177
637,067
479,801
300,128
163,593
92,600
42,234
29,422
1.
351,305
6,465
.
Kurrache e
Carwar
10,265
6,142
607,755
8,773
6,713
1,115
13,728
6,662
15,834
1874.
134,376
536,968
676,295
759,036
444,052
383,324
251,433
133,598
81,780
56,010
17,064
1873.
115,255
355,323
576,103
811,668
702,168
482,688
332,703
173,986
127,346
59,501
31,856
4,435,737 4,258,486 3,957,386 4,085,531 3,473,936 3,768,597
Pero'tage of tot. port
97-99
98-00
97-48
99-34
receiptR July 31..
9906
This statement shows that up to July 31 the receipts at the
porta this year were 177,251 bales more than in 1877 and 478,351
bales more than at the same time in 1876.
.By adding to the
totals to
hall be able
July 31 the daily receipts since that time, we
an exact comparison of the movement
to reach
for the difterent years,
Great
Total.
Britain.
Continent.
332,543
Bangoon
Madras
Tuticorin
1,191
6,115
Coconada and
Masulipatam
4,845
Total.
395,856 747,161
6.123
12,518
478,583
2,534
54.5f3
20,017
1,191
8,115
16,868
1,382
29,935
18,169
1,517
13,526
811,126
2,534
6,410
16,918
1,382
31,452
31,695
2,650
3,954
6,604
6,410
50,979
17,326
Calcutta
3.524
2,691
2,000
50
410,194 848,420 550,121 358,000 908,121
It will be noticed from the above that the exports to June 30
were this year nearly 80,000 bales in excess of last year, because
438,226
Messrs. Wallace
Tot Jy. 31
above
421
264
861
452
473,936
4,433,281 4,283,347 3,970,507 4,114,797 3,483,881 3,730,469
Percentage of total
98-33
98-18
99-62
985G
9963
p'rt rec'pts Aug.29
of the very large exports
Hept'mb'r
October.
1874-75.
1875-76.
Total
Total.
ton.
Year Beginning September
Monthly
Heceipts.
1876-77
1877.—
Mo-
10
292
119
55
54
249
Bat..
1877-78.
Tot.Jy. 31 4,435,737 4,253,486 3,957,386 4,085,531
Columbus,
Aug. 1..
week. Crop accounts are more favorable. The thermometer has
" 2..
averaged 80.
3..
past
the
days
on
four
Savannah. Georgia.— We have had rain
" 4..
•week, the rainfall reaching one inch and sixty-seven hundredths,
" 5..
but the balance of the week has be«n pleasant. Average ther" 6..
mometer 79, highest 90, and lowest 66.
" 7..
earthe
days
lightly
on
four
rained
Augusta, Georgia.— It has
" 8..
the
weather
pleasant
clear,
have
had
we
the
week,
but
lier part of
" 9..
Accounts are about the same as last week. We
latter portion.
" 10..
of
localities
number
of
in
a
badly
of
developing
reports
rust
hear
" 11..
The thermometer has ranged from 64 to 87, averthis section.
" 12..
aging 76. The rainfall has reached one inch and three hun-
XXIX.
[Vol.
&
from Calcutta, reaching 150,920
bales.
Co. also state that they learn that the
is estimated this year at 70,000 bales, the Coconada
crop at 30,000 bales, and the Tinnevelly crop at 100,000 bales.
Madras crop
Ellison
&
Co.'s
of Messrs. Ellison
—
Cotton Report fob July. We are in receipt
& Co.'s cotton report, dated August 11, and
extracts from it:
THE COURSE OF THE MANCHESTER MARKET, JULY 9 TO AUG. 9.
The Manchester market has been very quiet throughout the
month, but without anything like the extreme depression
The rate of production has been
witnessed in Liverpool.
materially curtailed, and as the sales, though comparatively
small, have on the whole exceeded the out-turn of the mills, the
stocks in the hands of producers and their agents have been
considerably reduced. Spinners and manufacturers have consequently been able to get rather better rates than would otherSome decline has taken place in
wise have been possible.
prices, but the fall is less in yarns and goods than in raw cotton.
The position of producers is therefore better than it was a
month since, though it is still very unsatisfactory. Business
for the leading foreign markets has been only moderate in
extent; and the home-trade demand has been adversely affected
by the unfavorable weather, which during the month has seriously injured the hay and food crops. The later India and
make the following
;
August
30, 1875)
THE CHRONICLE
]
^31
China accounts are a little better than those previously received, the end of July and the last Friday in September (eight weeks)
but there axe as yet no distinct signs of any materially-improved was 158,000 bales. This year we commence the period with
demand, and in this, as in all other departments of the trade, 12,000 American and 39,000 East Indian, or a total of 51,000
business is greatly restricted by the low prices at which the early less afloat than last year. The import is hardly likely thereshipments of the new American cotton crop are being offered, fore to reach 158,000 bales; let us say 140,000 this, added to
and it is not expected that any genuine revival of trade will be the stock, would give a supply of 668,000 bales. The present
witnessed until the margin of discount between spot cotton and rate of consumption is not less than 40,000 to 42,000 bales per
week. Exporters will want 4,000 bales per week. Say in all
futures has disappeared.
45,000 or 360,000 for eight weeks; this would leave a stock of
MOVEMENTS DURINO THE SEASON, OCT. 1 TO JULY 31.
The deliveries to English and Continental consumers during only 308,000 bales at tie end of September. Last year there
the first ten months of the season have been as follows, compared was a deficit of 42,000 bales discovered at stock-taking, and
the year before one of 35,000 bales. Suppose this year it is
with the figures for the corresponding months of last season:
only 28,000 bales. Then there would remain only 280,000 bales
Continent.
Great Britain.
;
,
,
Number
of bales...
Av'go weiicht
(lbs.)..
1878-3.
2,165,970
1877-8.
2,430,470
1878-9.
2,207,250
1877-8.
2,191,990
441
437
429
431
1,062,115,390 946,910,250 944,747,090
rate of consumption touched in Great Britain
Five
this season was probably about 58,000 bales of 400 lbs.
weeks ago it had perhaps fallen to 52,000 bales. During the
subsequent period it may have dropped to 45,000 bales. The
average for the five weeks would be about 48,500 bales, or
242,500 bales in all, equal to 97,000,000 lbs., which, added
to the 856,700,700 lbs. previously consumed, would give a
as the total weight of cotton
total of 953,700,700 lbs.
•spun during the first ten months of the season. (In bales of 440
lbs., the maximum rate of consumption touched during the season was about 53,000 bales that of five weeks ago 47,000 bales
the minimum touched during the five weeks 41,000 bales; and
Last season the
the average of the five weeks 44,000 bales.)
rate of consumption was about 58,000 bales, of 400 lbs., per week,
or 1,020,800,000 lbs. for the fifty-four weeks.
The rate of consumption on the Continent has averaged about
49,000 bales, of 400 lbs., per week, this season, against 48,000
bales last season, or a total of 862,400,000 lbs., against 844,800,Total weight
(lbs.). 955,292.770
The highest
against 387,000 bales last year. It is clear, therefore, that there
cannot be any increase in the rate of consumption without some
advance in prices. But with continued good crop accounts, it
may be taken for granted that any advance of moment would
stop business in Manchester and lead to a greater extension of
short time than even that experienced last month.
Bombay Shipments. According to our cable dispatch received
to-day, there have been 2,000 bales shipped from Bombay to
Great Britain the past week and
bales to the Continent;
while the receipts at Bombay during this week have been 2,000
—
bales.
Th9 movement since the 1st of January is as follows.
These figures are brought down to Thursday, Aug. 28.
Shipments this week Shipments since Jan. 1.
Receipts.
[
Great Contl- _
;
•000 lbs.
On the
basis of the foregoing calculations, the
movements
have been as follows this season compared with last. The stock
on hand on the 1st October is the surplus shown in our Autumn
Annual:
Great Britain.
Continent.
1877-8.
1878-9.
1877-8.
1878-9.
Lbs.
Lbs.
Lbs.
Lbs.
Surplus st'k, Oct. 1. 13,800,000
13,800,000 30,550,000
5,368,000
Deity's to July 31.-955,292,770 1,062,115,390 946,910,250 944,747,690
,
,
.
nent.
Brlt'u.
Britain.
This
Total.
Since
Jan. 1.
Week.
—
We
Shipments
Great
week.
this
Continent.
Britain.
1879
1878
1877
1876
1,000
5,000
The above
PROSPECTS.
Continent.
India Shipments Other Than Bombay. Below we give the
week's shipments of cotton to Europe from Calcutta, Madras,
Tuticorin, Coconada, Car war, Rangoon and Kurrachee.
These
figures are collected for us and forwarded by cable.
For the
week ending Aug. 28 the shipments were as follows.
also
give the totals since January 1 and the figures for previous years
for comparison.
Surplus, July 31... 15,392,070
In bales of 400 lbs..
38,000
000 bales.
Great
-
1879 2,000
2,000 246,000 329.000 575.000 2.000 771.000
1878 4,000
4.000 297.000 386,000 683,000 2.000 8 19.000
1877 1,000
1,000 375,000 404.000 779,000, 1.000 992.O00
1876
1,000 1,000 531.000 347,000 S81,0O0l 4,000 990,000
From the foregoing it would appear that, compared with last
year, there has been a decrease of 2,000 bales in the week's shipments from Bombay to Europe, and that the total movement
since January 1 shows a decrease in shipment? of 108,000 bales,
compared with the corresponding period of 1878.
Supply
969,092,770 1,075,915,390 977,460,250 950,115,690
Conauni. iu 44 w'ks. 953,700,700 1,020,800,000 862,400,000 844,800,000
55,115,390115,060,250 105,315,690
287,000
138,000
263,000
English spinners, therefore, hold 100,000 bales less, and Continental spinners 24,000 bales more, than at this time last year,
being a net deficit of 76,000 bales,' which, with the decrease of
€0,000 bales in the visible supply, makes a total deficit of 136,-
Total
Shipments since January
Great
Total.
Britain.
226,000
103,000
79,000
96,000
1,000
8,000
3,000
Continent.
1.
Total.
122,000
54.000
47,000
Ts.ooo
348,000
157,000
126,000
174.0O0
week show that the movement from
Bombay is 7,000 bales less than same week
totals for this
the ports other than
Two months ago Middling Upland was worth over 7d. per lb.,
and the current notion was that a still higher figure would be
of last yejar.
witnessed before the close of the season, in consequence of the
prospective scarcity of supplies. In our report of June 10th,
we ventured to express the opinion that there was no cause for
alarm in this respect, and that with economy on the part of
consumers the period of scarcity might be got over without the
realization of the semi-famine prices anticipated in some quarters.
This view of the situation was based on the fact that
although there was a large deficit in the visible supply of
cotton, it was in a great measure off-set by the extensive stocks
held by spinners. Our estimates of the latter were considerably
in excess of the figures generally entertained, because our estimate of the rate of consumption was smaller than that adopted
by the general public. Events proved the correctness of our
computations, and as time went on it became evident that the
popular idea of the rate of consumption in March, April and
May was excessive, and the current estimate of spinners' stock
at the opening of June much too low. The large surplus of
unused cotton held by consumers enabled them to greatly curtail their purchases in June and July, and then public opinion,
rushing from one extreme to the other, began to as greatly
under-estimate as it had previously over-estimated the rate of
ments we have made with Messrs. Davies, Benachi & Co., of
Liverpool and Alexandria, we shall hereafter receive a weekly
cable of the movements of cotton at Alexandria, Egypt.
The
receipts and shipments the past week, and for the corresponding weeks of the previous two years, have been as follows
consumption.
The reduced consumption led to greatly modified views as to
the probable future course of prices, and as week after week
passed by without any indications of a revival in the demand,
the market from confident hopefulness sank into helpless
despondency. At first the decline was very slow, but during
the past month there was a complete collapse, and all at once it
became a question not of to what height would prices be
pushed during the Autumn, but to what depth would they be
depressed. This revolution in public opinion was due partly to
a natural re-action from previous exaggerated views, but, in its
later stages, chiefly to the discouraging influence of the unfavorable weather for the harvest, which nas kept the home trade
in a chronic state of depression. Meanwhile, faith in any
important recovery in prices was also being weakened by the
gradual narrowing of the period between the old crop and the
new, and by the eagerness with which the Americans offered
their new crop at constantly-declining rates.
At the moment, therefore, the prevalent inclination is to take
it for granted that somehow or other the balance of the season
will be got through without any difficulty. This may be so,
but on one condition only nameiy, a further extension of short
time. The stock of cotton in Liverpool at the end of July was
528,000 bales. Last year the import of all descriptions between
—
Alexandria Receipts and Shipments.
—Through
arrange-
:
Alexandria, Egypt,
1877.
1879.
1878.
1,667,000
2,000
2,594,000
Aug. 28.
Roceipts (oantars*)—
Since Sept. 1
This
This
week
Sinoe
8ept.
1.
Since
week
Sept.
1.
2,703,000
This
Since
week
Sept. 1.
Exports (bales)—
To Liverpool
172,400 1,000 240,000 1,000 203,500
168.000
140,500
120 79,896
Total,
120 252,296 1,000 408,000 1,000 438,000
Europe
A cantar Is 98 lbs.
This statement shows that the receipts the past week have been
cantars, and the shipments to all Europe have beeD 120 bales.
—
Manchester Market.
—Our
market report received from
Manchester to-day (Aug. 29) states that the prices for shirtings
have improved, twists being marked up id. and shirtings lfdWe leave previous weeks' prices for comparison.
1878.
1879.
32s Cop.
8>4 lbs.
Shirtings.
Twist.
July 19.
•'
s.
d.
6
l>a97 4>a
8%®9>4 6
4*s
d.
d.
8 T8®938
25.
1.
8.
8%®9>4 6
8%®9k
6
" 15.
8*J*9l4
" 22.
" 29.
8%*9*e
6
6
Aug.
•
?
s.
m®7
1!9®7
11.3*7
1L.-/7
d.
m
»'••
m.
„ _
32s Cop.
Cott'n
Mid.
d.
d.
d.
8»8®9l4
S 78®938
9 ®9 58
8 7e®9ia
8 T8»9»a
8 7s«9is
6%
6»i«
6»ie
6» lg
6*3
l>a»7 4ia 6»pj
613 l6
8 78»9Hs 6 3 37 6
8>* lbs.
Shirtings.
Twist.
Uplds
8^a9%
The Exports of Cotton from New York
!
s.
d.
s.
d.
6 3 »8 3
6 4»s»8
6 414*8 4i.j
6 4<s®8 4>a
3
»8
lis®8
1>«®8
Mid.
Uplds
d.
1>8
6>a
6»is
6»s
6*s
6»,»
6'i,«
....
6"i«
-1 1-3
6
6
6
Cotfn
3
this week show s,
the total reaching 5,987
decrease, as compared with last week,
Below we give our usual
bales, against 10,019 bales last week.
table showing the exports of cotton from New York, and their
direction, for each of the last four weeks; also the total exports
and direction since Sept. 1, 1878, and in the last column the total
for the same period of the previous year.
:
:
.
.
THE CHR0N1CL
232
Exports of Cotton
(dales)
fhom New York since
Sept.
1878.
1
Week ending—
Exported to-
1
Aug.
Aug.
Aug.
Aug.
6.
13.
20.
27.
5,607
2,723
Other British porta
4,634
Total to Great Brit Am 8,330 4,634
Same
Total to period
date, previ'ua
year.
5,618 272,833 336,527
5,857
300| 17,116|
6,325
3,500
9,825, 5,918 289,949 342,384
194
3
115
100
9,758
14,699
8ATORDAT.
19
473
Oct
Total to North. EuRorE
Aug
100
Aug.-Sept
160
100
Grand total
4,788
5,870
|
4.794 10,0191 5,937 331,880 101,890
1
8,906
Shipping News.
160
160
—The
exports of cotton from the United
States the past week, as per latest mail returns, have reached
6,993 bales. So far as the Southern ports are concerned, these
•re the same exports reported by telegraph, and published in
The Chronicle," last Friday. With regard to New York, we
include the manifests of all vessels cleared up to Wednesday
sight of this week.
Total bales.
Sew York—To Liverpool, per
steamers Arizona, 2,000
C;ty
.Spain, 2.165
of New York, 902. .Abyssinia, 551.
To Hull, Ac., per steamer Othello, 300
To Bremen, per steamer Koln, 19
Baltimore— To Liverpool, per steamer Enrique, 287
Victoria,
Boston—To Liverpool, per steamers Minnesota, 64
. .
. .
5,618
300
Oct
Total
particulars of these shipments, arranged in our usual
are as follows:
Bremen.
Liverpool. Hull. Ac.
New York
300
19
5,618
287
733
36
Baltimore
Boston
BanFrancisco
....
....
300
6,674
Total
....
....
Liverpool, steam d.
sail..
</.
Havre, steam
Mon.
c.
...® 7 32
...ass*
Wednes
Tues.
3
"lB®^
®
...® 7 32
>10®
Frl.
3 16 ®14
'4
® 7 32
® 7 32
...3=8*
.
'
®
•
•
.
.
Amst'd'm, steam c.
sail
do
c.
d.
Baltic, steam
sail
d.
do
.
...®....
-®.
.®.
. .
.
.
9
...®.„.
.®.
...®....
8
-..10....
Compressed.
—
By cable from Liverpool, we have the following
statement of the week's sales, stocks, &c. at that port
Liverpool.
,
Aug.
week
Forwarded
bales.
'.
Sales American
Of which exporters took
Of which speculators took..
Total stock
Of which American
import of the week
Of which American
otal
Actual export
Amount afloat
8.
36,000
2.000
29,000
3,000
2,000
503,000
369,000
14,000
14,000
6,000
190,000
25,000
'.
Aug. 15.
50,000
5,000
39,000
6,000
3,000
469,000
343,000
18,000
14,000
6,000
189,000
16,000
Aug. 22.
61,000
4,000
49,000
4,000
4,000
427,000
297,000
21,000
6,000
6,000
176,000
22,000
Aug. 29
60,000
2,000
42,000
6,000
4,000
417,000
206,000
47,000
9,000
4,000
132,000
19,000
as follows
Saturday Monday. Tuesday. Wedn'sdy Thursd'y
Spot.
\
5 P.
M.
Harden
Buoyant.
Steady.
6%
6%
Firmer.
and
Steady.
firmer.
J
Mid. Upl'ds
Mid. Orl' us.
Market, )
Fridiy.
Active
'g.
Mi
6%
6'8
6 7s
6%
6 7s
61316
615 16
613 14
615, S
J
Sales
Bpec.Aexp.
10.000
1,000
15,000
2,000
8,000
1,000
10,000
2,000
12,000
2,000
8,000
1,000
Futures.
Market,
5
,
-.
P.
)
M.
(
'
,
Strong.
Steady.
Firm.
Steady.
632
Sept
32
6H 16
6H 3 o®%
Oct...-.
6*8
68 la
Oct.-Nov
Oct.-Nov
bi' 32
Thursday.
Delivery.
Delivery.
Sept.-Oct
63t»25 32
613 32 ® 7 i 8
Aug
6%®25 3 2
Sept
Oct
Aug.-Sept
6*ia«32 Oct.-Nov
I
6*4®25 32
6*j
I
I
Nov.-Dec
Dec.-Jan
Friday.
Delivery.
Oct
Delivery.
Oct.-NOV. ...61332®3a
® ls
626 3 2®?J
Sept.-Oct
Nov.-Dec
6'3 16
613 1(^
6>4
63 I6
Delivery.
6S»
626„ 2
Aug.-Sept
6 7 32
Delivery.
Aug
Oct
Nov.-Dec
.i2
6 7 32
6i3 18
625 33
62B 32
Dec.-Jan
Sept
Oct
BREADSTTJFFS.
Friday, P. M., August 29, 1879.
The market
for flour has been fairly active in the past week,
had an upward tendency,
especially for
extras and choice patents from old spring wheat.
comparatively scarce.
common
These are
Flours from new winter wheat are in
full
supply, and have improved in prices very
still
they are more salable.
Rye
very firm, with a fair business.
flour
little, if
at all
and corn meal have ruled
To-day, the whole market was
dull.
active at advancing
There has been a partial " corner" on August deliveries of No. 2 red and amber winter, and these grades have
advanced more than others, and more than contracts for the
next two months. Thus, yesterday, No. 2 red winter sold at
$1 11%@$1 12 on the spot, and $1 11M@$1 11% for September
and October No. 1 white, $1 11%@$1 12 on the spot, $1 11^
for September, and $1 11% for October. There has been more
doing in spring at $1 03@$1 04 for new No. 2, and 88c. @$1 for
new No. 3 No. 2 for September, $1 02%. The statistics of the
Produce Exchange show a falling off in the movement towards
interior markets, as compared with last year, but, owing to the
direct shipments to the seaboard from provincial towns, those
figures are no longer reliable. To-day, No. 2 red winter declined and sold freely at $1 10M@f 1 10% for September and
October, closing steadier ; white wheat, %c. lower, but spring
The wheat market has been exceptionally
;
;
:
Of which American
The tone of the Liverpool market tor spots and futures each day of
She week ending Aug. 29, and the dally closing prices of spot cotton,
Market,
18:30 p.m.
Oct.-NOV
.6%
prices.
-.®S8*
.
...®'s*
...® 12
®°16*
. . .
kave been
Sept.-Oct
Delivery.
66 32 ®3j8
prices have
5,937
6,993
Tlilll'8.
®l4
]8
...® 7 32
7 32
...av ...SV
•
Sales of the
Deliveru.
Nov.-Dec
Dec.-Jan
Jan.-Feb
61132®% Apr.-.Way
Aug.-Sept
Total.
...®>3
...®>3
...®ia
do sail
c. ...®ifl
..®>s
..® 9 1 6 ...® 9 I8'
® 9 16* ...® 9 16'
Bremen, steam, .c. ...®»16*
7
7
7
7
7
-®
•®
•-®
do
sail
c.
-® 7 ie
16 --•® 16
W
18
I6
Hamburg, iteam t. ...®* 9 16
® 9 16* -.-®»16" ...®9j B *
.S-^
.®»2
do
sail...e.
...a>H
...a/'li
*
Aug
623 32
6iiie
6itw,
the business aggregating in fact rather above the average, and
Cotton freights the past week have been as follows:
3 16 ®i4
6 58® 2 l32
Oct
6,993
form,
Below we give all news revived to date of disasters to vessels
carrying cotton from United States ports, etc.
Marie Fredericks, ship (Nor.), from New Orleans for Liverpool, which
put into Key West, June 17, 1878, in distress, was sold at auction
and burnt by purchasers.
8a tar.
65ie.
63 32
Jan.-Feb
19
287
733
36
19
6i3 3a
6*4
Wednesday.
Delivery.
36
The
623 33
Oct.-Nov
Delivery.
63 18
6>e
per ship British Envoy, 36
Liverpool,
Delivery.
Oct
Nov.-Dec
6H 32 Oct-Nov
Oct.-Nov
Nov.-Deo
Feb.-Mar
6»s® 21 32
287
(foreign)
do
Delivery.
621 32
62i 32
733
669
Ban Francisco— To
63 32
6332
Toesdat.
Delivery.
2,390
2,398
5,710
"
Delivery.
613 32 3>7 16
Oct. -Nov
Nov.-Deo
6 14» 9 32
Dec-Jan
6 7 32
623 32
6*4
623 32
623 3 2
Sept.-Oct
Spain, Op'rto, Glbralt'r, Ac
6H
Monday.
Delivery.
Aug
21,362 44,960
19"
473
Aug
d.
65 lg
Oct.-Nov
Dec.-Jan
6°8
Jan.-Feb
6' 9 3 2 ®»s Feb.-Mar
0i 9 32®°8
6iiea 3 3s
Aug.-Sept
6 9 16
6>4® 9 32 Sept. -Oct
Oct.-Nov
Delivery.
d.
63 32®%
Nov.-Dec
Dec.-Jan
6 9 is
Aug.-Sept
Sopt.-Oot
20,718
4,030
19,206
16,325
2,202
2,835
Delivery.
d.
6»ib
6»i8
Bept.-Oet
Hamburg
[Vol. XXI3L
?
Delivery.
Aug
Oct
194
Firmer.
Steady.
,
The actual sales of futures at Liverpool, for the same week, are given
below. These sales are on the basis ol Uplands, Low Middling clause
anless otherwise stated.
9,643
14,539
Other Frenoh ports
3
;
.
about steady.
Indian corn has been more freely offered, under increased
supplies at the principal points. No. 2 mixed has declined to
45%c. on the spot, 46M". for September, and 47c. for October.
Other grades are exceptionally scarce and relatively high.
To-day, there was no decided change.
Rye has been in demand at firm prices. Free sales were
made of No. 2 Western at 63%@64%c, with some business in
No. 1 State at 67c. To-day, the market was quieter.
Oats declined sharply early in the week, until No. 2 graded
were quoted at 29M@30c. for mixed and 32@32%c. for white
These low prices brought in dealers as free buyers, and there was
some advance. Yesterday, No. 2 white sold for October at 34c.
To-day, the market was again stronger, and No. 2 graded
closed at 31@31^c. for mixed and 33@33%c. for white.
The following are
clcsing qotations
40®
3 25
340®
Western
4 30®
Extra State, Ac
Western spring wheat
4 25®
extras
do XXandXXX... 450®
Western winter ship4 25®
pingextras
do XXandXXX... 4 85®
5 25®
Minnesota patents.
400
No. 2
V bbl. $2
Superfine State and
.
:
grain.
flour.
4 40
4 45
575
4 70
5 75
7 25
Wheat—
No.3 spring, # bu. $ 97
102
No. 2 spring
® 1 00
®1 04
Amber winter... 104 ®1 11
lOifl
10>4®1
2
1
winter,
No.
Red
106 ®1 III3
White
Ill ®1 IU4
No.lwhite
Corn— West, mixed
Western No. 2...
Western Yellow..
Western White...
45
®
45%»
46 14
47>s® 48
54 » 57^
..
AVOD6T30,
THE CHRONICLE.
1879.]
FLOUR.
Rye— West'n.
City shipping extras. $4 35® 5 25
South, in bakers' and
00
5 25 a
family brands
South'u shtp'g extras. 4 60® 5 00
Rye flour, superfine.. 3 GO® 3 90
Corn meal—
State and
.
a
®
63
67
28
32
White
Barley— Canada W.
Btate, 4 row. .1
State, 2-rowed
84«fl
®
®
»
-a
»
®
.
In Store at^-
M
Do. afloat
(est.)
Albany
Bunalo
Chicago
Milwaukee
Loul«
Boston
Toronto
Montreal 15th)..
Philadelphia
Peoria
St.
Barley Rye,
Corn,
Oats,
bush.
bush.
bush.
bush.
hush.
(60 lbs.)
(50 lbs.) (32 lbH.) (48 lbs.) (56 lbs.)
691,749 1,022,079 543,577 24,749 122,053
Wheat,
bbls.
At—
(196 lbs.l
35,379
21,846 120,080
Chicago
Milwaukee
5,757
2,186
51,524
Detroit
Cleveland
St. Louis
Peoria
930
3,900
Duluth
51,550
46,689
7,450
39,200
80,073
183.200
33,270
171,989
2,661
46,355
229,385
230,780
21,760
767,218
511,451
91,700
662,592
40,050
77,747
Toledo
22,570
2,047
311
1,015
200
1,800
3,000 18,666
15,000 30,000
16,750
14,927
.
Total receipts at same ports from Jan. 1 to Aug. 23, inclusive,
for four years:
1879.
4,104,7G1
1878.
3,5*0,870
1877.
2,591,022
1876.
3,309,453
48,213,201
63,395,478
19,038.695
2,543,516
2,464,879
44,902.705
84,636,6 42
19,308,142
3,219.538
2,783,329
15,189,869
54,05 1,639
12,941,401
2,880,131
1,547,189
29,771.113
51,839,936
15,564,421
3,091,451
1,214,547
Total grain... 138,255,769
134,930,356
86,613,175
101. 481,499
Flour
bbls.
Wheat
bush.
Corn
Oats
Barley
Rye.
to
Total receipts (crop movement) at the same ports from Aug. 1
Aug. 23, inclusive, for four years
1878.
1879.
Wheat
1875.
bbls.
480,890
304,211
360,780
373,685
10,917,733
10,367,371
3,570.807
119.114
683,041
10,995 ,718
12,182 ,+90
4, 747 .101
318,057
724.02J
4,898.284
11,389,044
2,295,537
160,952
607,262
1,327,005
1,435,588
25,094,006
28,867,930
19,319,079
14,828,449
Corn
Oats
Barley
Rye
gram
Total
1876.
bush.
Flour
...
.
,727,713
121,012
217,131
Comparative shipments of flour and grain from the same
ports from Jan. 1 to Aug. 23, inclusive, for four years:
Flour
1879.
4.416,218
1878.
3,710,050
1877.
2,561,715
1876.
2,534,900
44.137.884
56,839,951
14,552.835
2,099,080
2,332,018
32,272,876
54.669,730
12,525,133
1,648,988
2,143,257
28,723.059
48,007,865
14,116.400
1,288,287
1,203,008
28,308,974
47,798,802
13,523 531
1,231,498
1,003.503
119,961,768
103,260,031
93,398,619
bbls.
Wheat
bush.
Corn
Oats
Barley
Rye
Total (Train
Rail
....
and lake shipments from same ports for the
Week
ending —
Aug.23
Flour,
Wheat,
Com.
bbls.
bush.
bush.
2,912,306
2,925,389
1 ,982,877
1,929,511
130,365 2.433,317
134,847 2,675,032
170.4S3 2,807.386
144,389 2,252,803
Aug. 16
Aug. 9
Aug. 2
Total, 4 w'ks. 580.081 10.233.538
Tot.4wks '78 458,851 7,577.949
91,976,368
last
Oats,
bush.
501.797
635,335
6 -'1,347
491,750
9,750,613 2,316,229
9,U4,0o0 3,022,280
four weeks:
Barley,
Rye,
bush.
bush.
19,165 304,065
8,263 90,991
8,962 108,013
11,002 110,437
47,992 613,509
59,434 481,207
Receipts of flour and grain at seaboard ports for the week
ended Aug.
23:
At—
New York
Flour,
Wheat,
bbls.
bush.
118.900 2,721,250
58,387 353,111
1,250
19,586 372,043
13,200 744,600
16,644 904,800
23,177
98,977
Boston
Portland
Montreal
Philadelphia
Baltimore
New Orleans
Totalweck
251,144
Previous week... 215,530
week '78.... 197.264
week '77.... 179,088
Cor.
Cor.
And from Jan.
Flour
bbls.
Wheat
bush.
Corn
Oats
Barley
Rye
Total
1 to
5,197,781
5.611,622
3,944,616
1,431,146
Aug.
Corn,
bush.
23, inclusive,
1879.
6,367,074
Oals,
bush.
Barley,
bush.
902,101 455,731
190,486 128,377
4,500
1,800
33,802
2,610
169,000 14,000
57,100 71,000
111,100 22,747
1,474,212
1,451,165
1,901,131
2,400,740
696.268
544,792
846,085
628,200
Rye,
bush.
62,373
5,600
800
13
1,000
1,600
5,013 65,773
6,038 66.237
18,005 122,374
8,210 05,956
for four years:
1878.
1877.
5,462,610
4,265,329
1876.
5,851,655
1 ,756,908
2,427.996
54,343,878
74,725,677
13,943,120
2,468,115
2,850.903
10.169,959
55.403,294
11,016,321
2,116,040
971,455
28,406,454
56,493,004
15,672,421
2,049,319
370,044
168,700,612
148,331,693
79,677,075
102,991,242
76,362,000
74,263,440
13,896,208
Exports from United States seaboard ports and from Montreal,
for week ending Aug. 23:
Flour,
Wheat,
bbls.
bush.
1,903.436
276,222
603,530
101,812
15,981
3,232
17,531
738,501
407,166
932,064
60,413
223,318
28,986
Total for w'k 129,510
4,157,389
3,906,056
4,536,417
3,809,750
1,024,059
058,179
From—
New York
71,085
21,629
Boston
Portland
Montreal
Philadelphia.
Oats,
bush.
3,243
Rye,
bush.
8,528
Peas,
bush.
1,833
52
.
Baltimore
Previous week.
96,518
100,264
time '78. 64,859
Two weeks ago
Same
Corn,
bush.
1
Indianapolis
Kaunas city
Baltimore
kail shipments...
i.akr shipments..
Ou Canal (est)
.
121,422 2,962,587 2,305,185 966.666 60,714 204,047
113,43* 2,628,585 2,570,004 705,599 25,444 171,045
time '78.. 92,052 3,735,417 3,448,512 1,432,081162,296 236,874
Total
Previous week
Same
i
27,999
1,702
930
32,172
8,528
3,268 73,335
977,339
9,212 49,749
922,903 167,012 14,568
3,535
1,273
33,849
29,889
The visible supply of grain, comprising the stocks in granary
at the principal points of accumulation at lake and seaboard
ports, and in transit by lake, rail and canal, Aug.
23, was as
follows:
Corn,
hush.
bush.
Ncw York
K,
70
Duluth
05® 2 75 Peas —Can'da,b.& f
Toledo
Receipts of flour and grain at Western lake and river ports Detroit
Oswego
(or the week ending Aug. 23:
2
Flour,
238
Wheat,
GRAIN.
No.2.
Canada
Oats— Mixed
210® 250
Western.Ao
Brandy wine, Ac
.
Total
Aug. 16, "79
Aug. 9, "70
Aug. 2, "79
July 26, '79
Aug. 24, ,78
.
3,110,794
1,713,000
5,800
Outs,
bush.
2,021.355
381,000
20,000
600,662
2,263,014
20,425
378.177
844,079
200,173
122,296
530,306
534,805
190,000
550,099
240,300
70,403
63.214
929,750
25.081
118,000
180,395
16.401
178.276
4.905
210.000
420.848
120,013
668,360
1,760,957
1,670,000
2,371,523
2,290,000
15.966,899
16,026,337
15,189,394
14,332,416
14,696,281
9,749,493
12,582,429
12,110,032
11,436,314
11,099,551
10,068,258
11,035,671
1,953,090
;Y
30
Barley,
bush.
Rye,
bash.
20,107
79.489
.
6,300
36,000
87.586
58.114
115.358
9,414
30.0.15
'
0,127
66
000
4 020
74,704
24,680
2,200
30,609
88.243
19,000
4,839
514,251
50,540
245,000
23,935
"ibo
38.201
33,576
342
" 1,316
31.520
9.700
4,021
10,163
2,279,174 300,408
1,824,631
300,311
1.914,487 318,424
1,762,250 324.929
1,441,877 330.001
3,078,079 1,203,504
)3i
'6.884
'3.000
-JO
700
203,500
253,050
26,300
50,954
475,460
540,843
THE D
568,604
287,000
30.000
0,984
253.812
8,417
4,918
32,379
3,839
75.408
V28.A0S
i
1&000
7117,180
4113.906
479.114
462. <36
313.393
695,441
T IA.DS
Friday, P. M., Aug. 29, 1879.
There has been during the past week increased buoyancy in
nearly all departments of the dry goods trade, and the volume
of business was fairly satisfactory. There was a considerable
buyers from the interior, which gave an impetus
and a liberal distribution of staple and
department goods was reported by dry goods jobbers. There
was also a brisk demand for ready-made clothing, and in this
connection large sales were effected by wholesale clothiers.
The improved condition of the local and interior jobbing trade
was reflected in a more active movement in most descriptions
of goods from first hands, and a very fair business was accomplished by importers and manufacturers' agents representing
leading makes of domestic goods. Values were without material
change, except that there was a trifling advance in print cloths
(in sympathy with cotton) and a slight decline in 56x60 prints.
Domestic Cotton Goods. The export movement in domestics
was of lessened proportions, only 1,228 packages having been
shipped from this port to foreign markets during the week ending August 26, of which 568 were sent to Great Britain, 216 to
U. S. of Colombia, 174 to Hamburg, 92 to Hayti, 38 to Mexico,
36 to British Honduras, and the remainder, in small parcels, to
other markets. There was a steady demand for re-assortments
of brown, bleached and colored cottons at first hands ; and the
tone of the market was generally steady, save in the case of
brown sheetings, which were in some cases a trifle easier.
Stocks are well in hand, as a rule, and some makes of bleached
goods (in low grades) are in meagre supply. Print cloths were
fairly active and firm, with an upward tendency, owing partly to
a threatened ' strike" at Fall River and partly to the advance
in cotton.
Extra 64x64 cloths were quoted at 4%@4%c., and
5(ix60s at 3 9-16@3%c.
Prints were fairly active, and standard
makes continued unchanged in price ; but 56x60 fancies were
reduced iHjc. per yard. Ginghams and cotton dress goods were
in steady request and firm.
Domestic Woolen Goods.— There was little change in the
condition of the market for men's-wear woolens, but the late
advance in the staple has imparted more steadiness to prices.
Agents continued to make fair deliveries of fancy cassimeres,
cheviots and worsted coatings, on account of former orders, but
new business was restricted in volume. Overcoatings, cloths
and doeskins ruled quiet and steady, but special styles of
eloakings were in fair request. In Kentucky jeans there was only
a moderate business, and satinets remained sluggish as a rule.
Flannels have shown more animation, and a fair distribution of
colored flannels (both plain and twilled) was effected by agents
and jobbers. Blankets continued quiet, but there was a fair
business in shawls and skirts, and worsted dress goods were in
influx of retail
to the jobbing trade,
—
good demand.
Foreign Dry Goods.—There was a better demand at first
hands for most descriptions of imported goods, and the jobbing
trade was decidedly more active. Staple and fancy dress goods
were sought for in considerable quantities, and black colored
and fancy dress silks were in good request. Millinery silks and
velvets met with fair sales, but ribbons ruled quiet. Linen and
white goods remained sluggish in firs;, hands, and laces and
embroideries were lightly dealt in; bnt prices ruled steady.
Men's-wear woolens were slow of sale, and there was rather
leas inquiry for Italian cloths, satin do chenes and serges.
. ..
.
—
.
.
.
——
.....
THE CHRONICLE
234
[Vol.
xxix
Importations of Dry Goods.
The importations of dry goods at this port for the week ending
Receipts of Leading Articles ot Domestic Produce.
The following table, based upon daily reports made to the
Aug. 38, 1879, and for the corresponding weeks of 1878 ana New York Produce Exchange, shows the receipts of leading
1877, have been as follows:
articles of domestic produce in New York for the week ending
ENTERED FOR CONSUMPTION FOR THE WEEK ENDING AUG. 28, 1879.
with Tuesday last (corresponding with the week for exports);
1879.
1877.
1878.
also the receipts from January 1, 1879, to that day, and for the
Pkgs.
Value.
Pkgs.
570,803
337,400
572,658
178,132
140,144
1,371
1,096
843
792
Flax
440
Miscellaneous
Total
4,542 1,799,137
1,659
1,288
466,217
327,385
572,319
171,892
117,174
1,048
1,168
885
811
424
1 222
814
723
MARKET DUR-
INTO THE
ING THE SAME PERIOD.
805
317
207
503
30
Silk
Flax
Miscellaneous
1,862
745,351
4,542 1,799,137
Ent'd f or consumpt.
6,404 2,514,488
. .
571
242
132
386
300
328,958
105,616
182,063
105,740
22,974
694,938
411,901
721,065
191,781
210,754
5,706 2,233,439
4,336 1,654,987
WITHDRAWN FROM WAREHOU8E AND THROWN
Manufactures of—
Wool
corresponding period in 1878:
$
$
Silk
Total on market
Value.
Pkgs.
Value.
Manufactures of—
501
280
127
356
210
200,346
66,978
111,935
71,602
22,341
1,424 473,202
5,708 2,233,439
7,130!2,706,641
5,967 2,167,127
Aug. 26.
Ashes
Beans
Breadstuff's—
Flour, wheat
Barley and malt
Peas
Cotton
Cotton seed
Flax seed
Grass seed
Hides
Hides
Wool
761
175
191
778
283
Flax
Miscellaneous
Total
2,188 693,979
4,542 1,799,137
Ent'dforconsumpt.
501
172
95
322
94
305,567
74,212
172,733
108,718
32,749
411
185
98
384
35
203,794
59,179
99,489
61,629
14,371
1
59,957
57,125
73,132
65,152
19,264
1,113
374,630
5.706 2,233,439
1,184
438,462
4,336 1,654,987
6,730 2,493,116
5,520 2,093,449
6,819 2.608,069
Imports of Leading; Articles.
The following table, compiled from Custom House
returns,
shows the foreign imports of leading articles at this port since
January 1, 1879, and for the same period in 1878:
[The quantity is given in packages when not otherwise specifled.l
1879.
.
Glass
Glassware
Glass plate.
Buttons
•Coal, tons...
Cocoa, bags.
Coffee, bags.
•Ootton.bales
.Drugs, AcBark, Peru.
Blea. powd.
•Cochineal..
•Gambier
'Gum, Arab.
.
Indigo
.
.
Madder, Ac
Oil, Olive.
Opium ....
Soda, bi-cb.
Soda, sal...
Soda, ash..
;Flax
Furs
Gunny
Hemp,
1879.
Metals, Ac8,563 Lead, pigs
8,977
24,610
142,816
24,975
3,257
6,534
34,021
22,891
1,507,047
9.938
82,640 Sugar, hhds,
16,066 tcs., A bbls.
1,025,382 Sugar, boxes
3,467 and bags...
28,133
12,055
Tea
24,377 Tobacco ....
17,088 Waste
Spelter, lbs
Steel
14,841 Tin, boxes.
3,582 Tinslbs.,lbs
5,924 Paper Stock.
1.839 Wines,
12,821 Champ'guc
2,309
baskets .
4,602 Wines
2,921 Wool, bales.
27,567 Reported by
829
466
10,165
39,302
43.115
1,947
6,142
value.
Raisins .-.
889 Hides, undr.
3,140 Rice
431,949
7,134,883
239,823
513,715
401,283
7,273,997
200,472
224,879
96,054
321,974
195,709
120,285
41,061
283,124
124,040
342,322
91,354
459,676
131,903
305,585
31,072
467,028
43,735
bales
India rubber
Ivory
Jewelry, AcJewelry
. .
Watches
.
.
.
Linseed
Molasses
Metals, AcCutlery
Hardware..
..
.
.
954
28,369 Spices, Ac1,093 Cassia
Ginger.. ..
1,605 Pepper ....
1,768
428
305,313
75,845
59,954
92,744
21,775
...
Oranges
Nuts
3,340
31,120
1,026
71,852
121,060
32,818
565,907
36,484
345
1,063,268
1,319,839
Ac-
3,044
120,932
.
1,395,387
1,009,756
1,431,176
436,714
41,325| Fancy goods
2,124 Fish
4,393 Fruits,
2,843
130,442
. .
992,294
490,504
32,770
329
$
973,550
41,002
520,192
262,113
Lemons
Hides.dr'sd
441,205
$
598
Bristles
501,366
868,591
50,975
577,249
252,553
15,701
40,652 Corks
663
Ac-
9,705,741
89,910
901,923
Ac—
2,391
30,872
3,766
4,292
1,973
33,419
1878.
4,887
772,946
28,278
676,442
7,681,172
90,764
6,622
1,169,597
48,803
23,851
157,008
cloth
Hair
Hides,
1878.
Ac-
360 Saltpetre
. .
212,968 Woods
66,193 Cork
Fustic
3,162
2,699
439
345
Logwood ..
Mahogany
Exports of Provisions.
The following are the exports of provisions from New York,
Boston, Baltimore, Philadelphia, Montreal, Portland, and New
Orleans, for the week ending August 23, 1879, and their
distribution:
To—
.
Beef,
Lard,
Bacon,
Cheese,
bbls.
Tallow,
bbls.
lbs.
lbs.
lbs.
lbs.
231
332
217
Liverpool
London
Glasgow
Pork,
.
Bristol
British ports.
Antwerp
'Id
Hamburg
50
Rotterdam...
Bremen
Havre
463
382
75
West
Indies..
Brit.
Col
Oth*r countr's
100
25
.
Previous w'k
""25
69
124
64
475
237
276
2,437
704
545
2,397,290
34,000
478,000
138,100
'"id 1,483.200
1
Marseilles
Cout'l ports..
•S.AC.Anierica
Total week
1,680
304,000
46,000
16,336
22,200
123,520
814,400
506,535
705,801
6,476
7,088,492 1,619.510
266,500 366,000
716,175 702,210
166,075 519,180
10,450
1,153,500
121,550
105.000
100,550
1,56S,895
14,250
45,381
201,150
19,111
31,818
7,380
32,940
106
bbls.
150
Turpentine, crude
bbls.
Turpentine, spirits... bbls.
Rosin
bbls.
118
780
2,213
6,197,143 10,600,199 3,789,634
5,728
900
350
3,213
Oil, lard
Oil, whale
bbls.
galls.
100
Peanuts
Provisions-
bush.
1,104
69,088
49,089
Pork
Beef
Cutmcats
pkgs.
pkgs.
pkgs.
pkgs.
pkgs.
988
418
171,817
25,750
1,204,311
912,475
1,551,219
332,539
519,812
44,755
49,869
24,946
62,816
19,397
175,606
36,960
862,851
768,834
2,004,092
355,029
529,339
28,171
19,807
21,945
cake
Butter
Cheese
Eggs
Lard
Lard
bbls.
tcs.
A bbls.
kegs.
Hogs, dressed
Bice
No.
198
pkgs.
Spelter
Stearine
8ugar
Sugar
Tallow
Tobacco
Tobacco
36,053
24,763
60,951
6,117
6,724
2,923
slabs.
"206
pkgs.
boxes
Whiskey
Wool
A
6
1,379
650
213
30,652
65,661
110.526
61,315
179,939
83,736
15,006
54,213
127,334
103,969
127,834
61,300
1,807
5,206
3,996
3,128
2,418
cases.
hhds.
bbls.
bales.
Exports ot Leading 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, 1879, to the same day, and for the
corresponding period in 1878:
Week ending
Aug. 26.
Ashes, pots
Ashes, pearls
Beeswax
Breadstuffs
Flour, wheat
Flour, rye
Corn meal
Wheat
Rye
Oats
Barley
Peas
Corn
Candles
Coal
Cotton
Domestics
Hay
Hops
Naval StoresCrude turpentine
bbls.
bbls.
lbs
bbls
bbls.
bbls.
bush
bush.
bush,
bush.
bush.
bush.
pkgs.
tons,
bales.
pkgs.
bales,
bales.
10
4,120
66,491
25
1,192
1,885,579
8,528
3,778
1,779
459,761
434
1,589
9,004
1,228
2,068
374
bbls.
Spirits turpentine
bbls
Rosin
Tar
bbls.
bbls.
bbls.
106
2,314
100
40
17,692
512,600
75
Whale
Sperm
gals.
gals.
gals.
gals.
gals.
16,949
5,099,717
bbls.
2,880
bbls.
tierces.
lbs.
lbs.
527
902
Lard
182
Linseed
Petroleum
ProvisionsPork
Beef
Beef
Cutmeats
Butter
Cheese.
Lard
878,811
lbs.
lbs.
103
8,307,542
462,510
3,044,643
4,442,465
bbls,
130
Tallow
lbs.
Tobacco, leaf
hhds.
Tobacco
bales and cases.
Tobacco, manufactured, lbs.
1,435,418
1,298
1,040
Rice
2,000
14,814
bbls.
hhds.
pkgs.
cwt.
1,005,460
10,692
18
113,149
bbls.
bbls.
Pitch
Pitch
46,200
123,964
125,613
86,523
50,861
2,738,686
pkgs.
Tar
Oilcake
Oils-
4 675 3,862 7,123,858 11,590,908 3,265,840
1,584,634
6,784
1,973
51,767
261,321
13,593
1,543
285,503
11,967
hln
458,647
503,470
Naval Stores
Oil
Total at the port..
1,333
46,084
204,235
16,616
2,036
267,598
11,940
1,314
85,870
3,560
pi,
Molasses
Molasses
2,638,531
134,858
33,991,669
2,279,454
24,376,883
8.503.452
2,826,612
963
bales.
bales.
sides.
Leather
3,291,624
106,361
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
145,603
90,805
48,745
2,776,683
452,023
4,941
75,588
15,866
1,100
4,498
No.
last year.
108,960
870
bags.
bags.
Same time
2,935
47,393
2,554,079
64,149
1,087,403
389,273
41,275
1,320
3,173
bush.
1,
1ST!).
4,351
43,282
bbls,
bales.
bbls.
oil
Since Jan.
101
701
bush.
bush
bush
bush
bush
Corn
Oats
Lead
8Uk
Earthenw
bbls
Corn meal
Hops
ENTERED FOR WAREHOUSE DURING SAME PERIOD.
Manufactures of—
China,
China
bbls.
bbls,
Wheat
Rye
244,153
72,991
103,436
70,452
21,108
1,631
512,140
4,336 1,654,987
Week ending
Whalebone
lbs.
102,297
Since Jan.
1879.
1,
Same time
last year.
1,046
108
32,798
122,244
1,937,399
4,560
104,510
34,617,742
2,511,296
372,968
101,870
235,642
22,081,570
39,158
51,985
189,707
184,716
46,841
19,652
1,575,533
3,269
145,544
29,683,366
2,623.337
2,318,319
1,516,207
308,267
18,974,222
30,747
36,717
275,801
101,126
42,111
37,558
1,093
170
100
135
6,619
119,035
4,956
3.400
1,036,391
11,767
166,446
5,605
4,068
1,431,756
201,436
95,562
878,894
6,844
155,754,530
356,101
451,017
909,794
4,947
124,471,128
157,612
33,937
37,000
396,404,990
20,498,004
92,320,961
168,252,918
10,551
45,464,944
36,473
18,658
4,435,470
40,510
162,373
33,718
41,249
327,264,670
13,787,519
96,643,355
185,009,400
14,971
50,709,093
72,072
52,891
4,589,214
85,789
Ft
:
August
:
THE CHEON1CLE
30, 1879.]
Commercial Cards.
Steamship*.
ONLY
Turner
BrinckerholT,
&
Direct Line to France.
OOmmiSSlON JHBHCHANTSv
and
The splendid vessels on this favorite route fur the
Continent— cabins provided with electric bells— will
sail from I'ier (new) No. 42 North River, foot of
Morton street, as follows
S -. 8: ?°.
( A N ADA. FraOgnel. •••,•• Wcd ;j S c
KISM.
Wed..»b
Sept. 10. it
l.AHiiA lull!. Banglier
Wed.. Sept. 17, 6 A. M.
ST. LAUD KNT, .loucla
PRICK Oh' PASSAGE-, IlllcltKlInK wine;
To Havre— First cabin, *100; second cabin, *B5
'
"AWNING
,,.„.„
A
:
rail
supply
Widths and Colors always
all
Return tickets at very roduccd rates, available for
twelve months.
For passage and freight apply to
Shanghai
Banking Corporation,
Agent, 55 Broadway.
Head
B. W
Atlas Mail Line.
For West Indies and South America, Calling at
the following ports, vij.: Kingston (Jam.), Cape
Huytl, Connives, St. Marc, Port au Prince, Auj
Cayes and Jacmel, in Haytl Santa Martha. Savanllla, Carthagona and Aspinwall, In Colombia; and
Grevtown, Nicaragua.
Regular Fortnightly Sailings from Pier No. 51
North River as follows
For Haytl, Colombia, Greytown, Port Llmon, Aspinwall. Panama, and South Pacific Ports
Sept. 27
Sept. 18 AILS A
ALVO
For Kingston (Jam.). Hayti and Maracaibo
Russell
com miss ion
;
Boston Agency,
FORBES,
Central Stkkkt. \J
J.
SO
Sept. 20.
Superior tlrst-class passenger accommodations.
P1M, FORWOOD 4 CO., Agents,
No. 87 Wall Street.
AGENT
From Various
&
43
J.
NEW YORK,
45
WiilTK STKIKT.
Mills.
BOSiON,
IS
CUAD.sUiY
JOHN
ST.
&
"a
.
Co.,
MANUFACTURERS OF
OF
1
1
SODA.
New
Old MIp,
The Jobbinc Trade
ONLY
Co.,
OTTON FACTORS * COMMISSION MERCHANTS
Broadway, New York.
if
&
F. Wheless
John
Co.,
COTTON
COMMISSION MERCHANTS,
NASHVILLE, TENNESSEE.
The Greatest Living
Authors, such as Prof.
max mullcr, Rt. Hon.
\v. 10. Gladstone, Jae.
A. Froude, Prof. Huxley, R. A. Proctor, Ed.
Carlyle, Buskin, Tennyson, Browning, and many others, are represented in the
SUPER-CARBONATE
No.
the
Special attention given to Spinners' orders.
spondence
Corre-
solicited.
Kkkkkkncks. -Third and Fourth National Banks
ana Proprietors of TheChboniclk.
W.
D.
&
Larrikin
Co.,
Cotton Factor*,
A. Freeman, Prof. TjudaU, Dr. W. B. CarviiKMnitii, miss.
penter, Frances Power
Orders to Purchase Cotton in our market sollcltea
J Cobbe, The Duke or
Refer to Messrs. THOMAS J. SLAUGHTER. New
Arjryl
um. Black, miss Thackeray, York
miss muloch Geo. macDonald, 3Ir».
Ollphant Jean Ingelow, mrs. AlexHardy, Ulatthew
ander, Thomas
Felix Alexander,
Arnold, Henry KIngsley, Turguentef,
AND
John
MASON & CO.,
New York.
&
Sawyer, Wallace
Publication!,.
Bro.,
IHILWARD'S HELIX NEEDLES.
400 BROADWAY. NEW YORK
D wight &
\\.
43 Broadway,
PHILADELPHIA,
W. DAYTON. 230 Cbkstnot Str«*t.
George A. Clark
BOSTON, MASS.,
Agencies for the purchase of Cotton at all of
principal Southern Markets.
'
and Drawer*
IIiiKlrr;, Shirts
CO.),
in.
vanlzed Charcoal and ISHror
/ships* Rigging, Suspension
I Bridges, Derrick Guys,Ferry
Ropes, .fcc
A large stock
constantly on hand from
which any desired length
are cut. FLAT STEEL AND
IRON ROPES for Mining
purposes manufactured to
order.
WAKiiliiL'tou »llll», «:lilcopee Jlfg f o„
Burllngtou Woolen Co.,
i:iIcrton New iiiiik,
Atlantic Cotton mills,
Saratoga Victory .11 fir Co..
AND
Co.,
GRAY &
COTTON BUYERS AND BROKERS,
NO. 95 WATER STREET,
cllned Planes, Transmission
of Power, *c.
Also Gal
FOR
*
S3
COTTON BROKERS,
BEAVER STREET, NEW YORK.
(Successors to
CHARCOAL
HOISTING PURPOSES,
CO.,
Stbjist.
Almy &
superior quality
suitable for MINING AM)
E.R.Mudge,Sawyer&Co
Wall
SO
Co.,
merch a-nts
STEEL
IRON of
Commercial Card*.
1
BAilCOCK BROTHERS a
WALTER & KROHN,
Y
Wire Rope-.
AND
Sept. 18
For Porto Rleo-CLARIBKL,
St.. N.
New York Agency,
S. W. POMEROY Jb.,
Wall ST..'k.Y
,
MURRAY
:
ETNA
&
Wall
8*
AND SHIP AGENT
I
I
Ji„
LIVEBPOOL,
Receive consignment* of Cotton and other Prodocs
and execute orJers at the Exchanges In Liverpool
Represented In New York at the office of
Hong Kong, Canton, Amoy, Foochow
ShangHai and Hankow, China.
:
1
Hong Kong.
Office,
AGZYT.
POMEROY
CO.
A
COMMISSION MERCHANTS,
IT Water Street,
Hong Kong &
LOUIS DEBKBIAN,
and Liverpool,
BABCOCK&CO.
B. F.
in stool.
ding and utensils.
Sept.
.tlauehester
DE JERSEY
No. 109 limine Street.
third cabin, $85; steerage, $20, Including wine, bed-
YORK.
STRIPES."
United States Bunting; Company.
,
NEW
HOI'S*. I*
Alio, Agents
•
ATLAS
S3 KXMHANUE PLACE,
kind* of
all
COTTON CANVAS, FELTING DOCK, CAB COVER
1NO, BAGGING. RAVEN8 DUCK, BAIL T WINKS
*C. " ONTARIO SEAMLESS BAOS,
NEW YOBK AND HAVRE.
Co
to
COTTONSAILDUCK
Mail Steamships,
:
Knoop, Hanemann &
Co.,
Uuafacturert and Dealers
The General Trang-Atlantlc Company^
Cotton.
Wm.
COTTON BROKER,
pages of
AUGUSTA, GEORGIA.
Littell's Living Age.
York
Jan 1, 1879, Thi Living AG* entered upon its One
Hundred «nd Fortieth volume. During the year It
Supplied.
readers the productions of the
foremost authors above named and many others
embracing the choicest Serial and Short stories by
will furuish
to
its
;
the
LEADING FOREIGN NOVELISTS.
and an amount
Unapproached by any other Periodical
Entire attention given to purchase of COTTON
for SPINNERS and EXPORTERS
COER*8PONDlNCI SoLICITID.
on
ORDER
References :— National Bank of Augusta, Georgia
Henry Hentz & Co., Commission Merchants New
York William B. Dana a Co., Proprietors Corona
cial and Financial Chkonicl*. and other New
Yolk Houses.
;
in the world of the most valuable Literary and Sclentine matter of the day. from the pens of the FORE-
Ita.
$ttt\
GOLD MEDAL,
Jlis Celebrated
MOST ESSAYISTS. SCIENTISTS. CRITICS. DIS
COVEREK8 AND EIUTORS, representing every de-
'
PARIS, 1878.
Xumbers,
303-404- 70-36 -332.
and his other styles may be had of all dealers
1
1
throughout the world,
I
Joseph Gillott
& Sons.
New York.
01 Knowledge aDd Progress.
Thi Livins au* it a weekly magaxine giving
more than
partment
THREE AMD A QUARTER THOUSAND
double-column octavo pages of reading matter yearly
Wmilt
at $S 00 a
The Living aoi is Publishwi
year, free or poswat: or (or $10 50 Tna Living Aon
and either one of the American ft monthlies (or
Harper's Weekly or Jiaxar) will be sent for a year
both postpaid ; or, for (9 90 Tan Living ask and
the St. J/icholos or Appleton's Journal.
LI1TELL A GAT,
STEEL
SPENCERIAN
Boston.
In 20 NUMBERS, of superior
English make, salted to every style
of writing. A Sample of each, f or
trial, by mail, on receipt of 2s CTS.
ASK YOUR STATIONER FOR
T11E SPENCERIAN PENS.
PENS.
Ivisoii, Kiiikeuittn/l'iiylor&C
NEW
Y'OHK.
Metropolitan Elevated
It
A
OPEN FROM
I
I.
\\
5*0 A. M.
V
\
TO
.
1* P.
M.
Rector Street— Nearest point for Wall St. Ferry
and connects with the cars for South Ferry. Cortlandt Street-Nearest point for Jersey City and Com.
munipaw Ferries. Park Place. Chambers Street.
Franklin Street. Grand Street. Bleecker Street-;
Connects with cars for East and West. 8th Street
14th Street.
23d Street.
33d Street. 42d stre
Connects with New York Transfer Company's
for Grand Central Depot. 50th Street antfeth'i
58th Street. 5Hd Street and 8th Ave. 50thvM
9th Ave. 72d Street and 9th Ave. 81st Strfet
9th Ave. 93d Street and 9th Ave. 104th Street and
9th Ave. For up-town t rains take east side station*.
For down-town trains take west side stations.
Trains will run to 58th stieet and Bth ave. ass
104th street and 9th ave. alternately.
Sunday trains fron- 12:30 P. M. till 12 midnight.
.
'
FARM TEN CENTS.
oj>
Except between the hours of 5:30 and 7:3fl A. H.
when the fare Is Five Cents.
5 and 1 P.
M
M.
TAN
at!
R. GARRISON. President,
BR«CKL1N, Superintendent.
WM.
:
THE CHRONICLE.
Cotton.
Cotton.
&
Woodward
Stillman,
SEAMEN'S BANK BUILDING.
Nob.
7
A 76 Wall
4
[Auoust
Insurance.
INMAN,SWANN&Co
COTTON
COMMISSION MERCHANTS,
Street,
NEW YORK.
GENERAL COMMISSION MERCHANTS
a.OANS IflADK ON ACCEPTABLE
Cotton Exchange Building,
New
101 Pearl Street,
fork.
SECURITY.
LOANS MADE ON
advances made on Consignments.
i,tbera
"Special attention paid to the execution of orders for
the purchase or sale of contracts for future delivery
SOUTHERN SECURITIES.
HOME
OP NKW YORK,
&
Reserve for Re-insurance
Reserve for Unpaid Losses
NetSurplus
Gwynn & Co.,
Fielding,
Total Assets
8 South William
New
St.,
York.
COMMISSION MERCHANTS,
FINLAY, MTJIH A
Schroeder
140 Pearl
bought
(Successes to
Tainter,
NODKSK & BROOK*
NEW
97 PEARL STREET,
R. M. Waters
,
YORK.
&
54
Liberal Advances
Co.,
Lkiim an,
Durr &
Montgomery,
Orleans, La.
made on COTTON
OF HARTFORD.
Unpaid
COTTON BROKERS.,
Bennet
,
LEHMAN BRO'S,
Cotton AND Factors
CO
New
AMISSION MERCHANTS
&
Jemison
(Successors to
KOODY
New York.
Special attention given to the execution of
York.
Co.,
orden
&
(<erj iu
NEW YORK
*
Farley,
J.
COTTON FACTORS,
COMMISSION MERCHANTS,
MB
FINANCIAL. AGENTS,
132 Pearl Street,
r.
O Box
3,909.
New
York.
Advances made on Consignments.
Special personal attention to the purchase and sale
Bf ""CONTRACTS FOR FUTURE DELIVERY " OF
COTTON.
Dennis Perkins
&
Co.,
COTTON BROKERS,
117 Pearl Street, New York.
p Orders for Spot Cotton and Futures promptly exe
mad
Esq.
Civil
.
&
P.
BLAGUEN,
MANAGERS,
54 William
St.,
New York.
Liverpool
Co.,
London
&
& Globe
Insurance Company^
45 William St.
J.
A. L. Pierce
H.
ASTOu,
CHAS. E. WHITE, SAM.
Futures exsoteu at N. Y. Cotton Kxchang
Advances made on Consignments. Future Con.
bought and sold on Commission, In
EDINBURGH.
.%.%«>
Future
L. F. Berje,
Co.
Ins.
SOLON HUM PHRBYS, Ch'i 'n.(E. D. Morgan & Co
DAVID DOWS, E-q. (David Dows * Co.)
R. P. FABBKL E?q. (irexel, Morgan *Cc.)
Hon 8. B. CHITTENDEN.
EZRA WHITE. E-q.
BUYERS A COMMISSION MERCHANTS
60 Stone Street, New York.
tracts for Cotton
&
$2,045,458 94
United States Board of Management,
ura
BUYER & COMMISSION MERCHANT,
-GENERAL COMMISSION MERCHANTS. COTTON
NKW ORLEANS, LA.
No. 123 Pearl Street, New York.
H. W.
4,663.683 S3
OF
Office
H. Tileston
.-BANKERS, COTTON FACTORS
Hew York and Liverpool.
7*1
British
Mercantile
•IOTTON
JEMISON),
ft
for
&
J. J.
Delivery.
I)
t014.14T
18:9.
1,
North
LONDON
Foulke,
for tho onrchase or sale of Contracts
Orders executed at the Cotton Exchanges In New
York and Liverpool, and advances made on Cotton
and other produce consigned to us, or to our correpondents in Liverpool, Mears. B. Newgass A Co.
and Messrs L. Rosenheim & Sons.
S.
&
121 Pearl Street,
EXCHANGE PLACE.
.
18T9
t3,,000,000 00
1,«'7,!89 »
251, 499 00—
Jan.
• .
1841.
GENERA!
COMMISSION MERCHANTS,
40
losses, etc...
NET sUR°LUS,
1,
...
In Store.
Mo. 146 Pearl Street, near Wall, N.
Co.
Al.
Company
Insurance
Total Asset*, January
Capitol
[ames F. Wenman & Co.,
delivery.
Co.,
Dividend of FIVE PEK CENT' has been deon demand.
MERCHANTS AND BANKERS,
No. 2 Cortlandt St., New York.
Jvs. A. \i.r-:\ VNOKK, Agent.
RROAD STREET, NEW YORK.
established (In Tontine Building)
Abraham &
President.
Secretary.
MTNA
PEARL STREET, NEW YORK,
liberal advances made on consignments. Prompt
personal attention paid to the execution of orders
Or the purchase or sale of contracts for future
WASHBURN,
Re-insurance fund.
Co.,
AND
21 Central Street, Boston.
New
A
MARTIN,
Vs. J.
II.
clared, payable
Future orders pr mptly executed.
stgnments.
COMMISSION MERC HA NTS.
Co.,
II
J.
GENERAL COTTON MERCHANTS,
Speoial attention paid to the execution of orders
for tiie purchase or sale of contracts for future delivery of cotton. Liberal advances made on con-
E.
&
8.734 84
46,128,081 74
PEARL STREET. NKW YORK.
Waldron
SUCCESSORS TO
VIII, JIIIII'IIV A CO.,
COTTON COMMISSION MERCHANTS,
111 Pearl Street, New York.
&
COTTON BROKERS,
136
&
t.D26£36 64
Total
<
Johnston,
B. R. Smith
C O T T ON
street, N. Y.
Geo. Copeland
New York and Liverpool.
&
on
United States stocks (market value)
3,210,500 00
Bank stocks (market value)
180,575 00
State and municipal b'ds (market value)
235,778 00
Loans on stocks, payable on demand
(market value of securities J -<!16.967).
141,170 00
Interest due on 1st July, 1879
55.178 2i
Balance in hands of agents
163,505 68
Realestate
§5,9*1 86
Premiums due and uncollected on poli-
CO.,
CALCUTTA AND BOMBAY.
FUTURE CONTRACTS FOR COTTON
in
:
first lien
cies issued at this office
Also execute orders for Merchandise through
on Commission
MENT
.
Messrs. JAMES FINLAY tt CO.,
LIVERPOOL, LONDON AND GLASGOW.
Messrs.
In the United States, available for the PAYof LOSSES by KIKE and for the protection of Policy-Holders of KIKE INSURANCE
Cash in Banks
$08,428 61
real estate (worth H4.167.0O9)
OOITON FACTORS
Advances made on Consignments to
w,
$6,128,021 74
Bonds and mortgages, being
commission merchants,
109
1,728,217 00
220,2 1 2ft
1,179,£94 48
Held
Co.,
GENERAL
VI
BROADWAY.
OFFICE, 119
Fifty-Second Semi-annual Statement,
8HOWINQ TH8
CONDITION OF THE COMPANY ON THB FIRST
DAY OK JULY, 1879.
CASH CAPITAL
$3,000,000 00
SUMMARf OP \>mts
Henry Hentz
sold
Company
Insurance
of cotton.
and
30, 1870.
E.
Co.,
PULSFORD,
Resident Manager.
A Real Estate Agent*,
TICKSBCHC, MISS.
Engineers
LsOmmercial
Purchase, sale, entry and redemption of lands and
payment of taxes for non-residents attended to.
Information as to value and local advantage of
lands furnished. Our Held of operation embraces
the States of Louisiana and Mississippi.
MANCHESTER
Works,
Locomotive
Union
MANCHESTER,
Manchester, N,
H
G.
Water
street, Eoatott
PELL,
Resident Manager,
MEANS,
Treasurer,
40
ALFRED
N. H.
W.
Ca
(OF LO.VDOS\
MANUFACTURERS OF
Locomotives and Amoskeag Steam
Fire Engines,
BLOOD,
ARETAS
Superintendent,
Ins.
37
&
39 Wall Street
@FedFRASER