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

VOL.

NEW

27.

YORK, AUGUST
Financial.

Financial.

National Bank-Note Co.,
OFFICE, No.

I

53

1819

IVALL SFREET,

BiNK NOTES, GOVERNMENT AND
CORPORATION BOND.?,
CKBTiriCATES OF STOCK. BILLS OF EXCHANGE
POSTAGE AND REVENUE STAMPS,
PROPRIETAUT AND TRADE-MARK STAMPS,
with

in the Blghe^t Style of the Art,

J. N.

BAILIV^AY, COininERCI.lI.

GENERAL PRINTING.

AND

P. turn,

Style

J.
J.

Petty &
BROAD STREET, NM^T YORK.

Stocks, Bonds, Gold and Government Securities
bought and sold for cash or on margin.
Southern and Western State, Municipal and Rail-

SIIEPARD,

given

to

>

COLLECTIONS, and

ISTlted.

R. A. Lancaster

&

Co.,

BANKERS AND BROKERS,

BROADWAY, NEW YORK,
DKALKBS IX

3,500,000
CHKISTKN8SN,

C. T.

CHARLES W. CHURCH,

"

i

fAS*'"*-

Bought and Sold on Commission.
Virginia Tax-ReceivabU Covpona Bought.

SOUTHERN SECURITIES A SPECIALTY.

UNION BANK OK LONDON.
do
New York, The BANK of NEW YORK, K.B,A.

WALL STREET AND BROADWAY,

WM. ALVOKD, President. TH0MA3 BROWN, Caab'T.
B. MURRAY, Jb., Asst. Cashier

Laidlaw & Co.,

Neiv York.
Transact a General Banking Business, Including the
porcbase and sale of STOCKS,

BONDS and GOLD

for cash or on a margin.

Investment Secnrltles For
P. O. BOX 2,647.
A. M. KiDDKK.

Sale.

W. Tbask

C. W.MCLBLI.A.N, JB.

&

Oilman, Son

Co.,

BANKERS,
CEDAR STREET,

62

In addition to a General Banking Business, buy
sell

Government Bonds and Investment

and

Securities.

BANKERS,
AGENTS FOR THE BANK OF CALIFORNIA,
No. 12 Pine St., New York.
Receive deposits and transact a general banking
business execute orders at the N. Y. stock Exchange
for Stocks, Government, State, Municipal and BsUroad Bonds and Gold.
;

Partlcnlar attention zlven to the par»
chase aud sale of Ifllnlns Storks In San
Francisco, for ivhlch we hare the best
facilities; also all other California Securities.
Issue Bills of Exchange, Letters of Credit and I'elegraphlc Transfers on London, Yokohama, Shanghai,
Hong Kong, Honolulu, Virginia City and San Francisco.

Co.,

BaNKEBS and BROKERS,
T Wall St., Cor. New, New York.
INVESTMENT SECURITIES.
Special attention to business of country banks.

Charles G. Johnsen,

HERCU.WT A^D BAXHER,

Kountze
12 UTALI.

Brothers,
BANEBB8,
STREET, NEllT YORK,

Issue Letters of Credit, available In

world;

also.

Time and Sight

BANK OF LONDON.

Bills

all

parts of the

on the UNION

Cable Transfers made.

Peck, Gilbert
No. 16 Broad

St.

&

Co.,

(near M'all),

BANKERS AND STOCK BROKERS.
166 GRAYIER STREET

ORLEANS

due dates.

SMITH, PATN*E * SMITHS.

Capital, Paid vt in Gold, $5,000,000.

BANKERS,

LOANS NEGOTIATED.

&

securities at

The Bank of California, San Franelsc*.

CAJf Co.

"BOVERNMENT BONDS, STATE, CITT, COUNTr,
BAILROAD & MISCELLANEOUS SECURITIES

tVBW

(invested in

U.S. Bonds)

do

Inveatment Secnrltles.

A. H. Brown

Surplus,

do

COR. OP

$400,000
300,000

Boston business paper discounted. Correspondence

'FIrat.CIass

Street.

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

Bankers, London,

BxM'L Phillips, Cashier.

rompt remittances made on day of payment.

«8

New York and

Trcaniirer.
Secretary.

........
........

Special attention

Wall

on such

BOSTON.

Sarplas,

New

TINTS.

Maverick National Bank,
Capital,

OF SAN FRANCISCO.
Torlv Agency, 62

In

CCRRIER,

PoTTEK, Prest.

The Nevada Bank

or Device,

road Securities made a specialty.
Mining Stocks bought and sold at
San Francisco Exchanges.
Correspondence solicited.

VAN ANTITERP, PresH.
nACDONOrtiH, Vice.Pre»'t.

A. D.

P.

18

Calironila Banits.

S. B.

H.

JNO. E.
A»i

BOBTWICK.
Member N. Y. Stock Exchange.

Pktty.

16 ITall Street.

Ifo.

Transact a general banking and brokerage buslneaa
In Railway shares and bonds. Government SecortUet
and Oola.
Interest allowed on deposits.
Investments carefully attended to.

Issue Commercial and Travelers' Credits a allabls
any part of the world. Draws Exchange, Foreign
and Inland, and makes Trans era of Money by Tele*
graph and Cable. Gives specUl attention to Gold and
Silver Bullion and Specie, and to California CoUec
tlona and Securities ; and arranges to pay Dividends

JUILWAY TICKETS in ONE, J WO, THREE or
MORE COLORS and numbered CotuecuUveli/.
JnmBERED LOCAL AND COUPON TICKETS
Size,

ITork.

Bostwick,

1

WITH STEEL PLATE

[Establlebed 18M.]

Accoants and Agency of Banki, Corporations,
and Individuals received upon favorable terms.
Dividends and Interest collected and remitted.
Act as agents for corporations In paying coupons
and dividends, also as transfer agents.
Bonds, stocks and securities bought and sold on
commission.
Sound railroad and municipal bonds negotiated.
Funds carefully Invested in Western farm mort*
gages, and the Interest collected.

special

^wfe^ards 1
prevent Counterfelttng and
Alterations.
SEC CRITT PLATE PRINTING.
SAFETY TINTS.
SAFETY PAPERS.

Any

•

firms

Plate Engraving aud Printing

Steel

BANKERS,
William Street, New

Gwynne & Day,

Co.,

)

XEW YORK.

688.

Financial.

&

Paton

Jesup,
iINCORPOKATED

NO.

31, 1878.

I<A.

NEW

stocks honght and sold on the
YORK STOCK
a margin of 3 perctnt. If desired.
Kqual attention given to small and large Investments.
Any Information given personally or by mall, first-

EXCI1AXUE on
class references.

THE

Anglo-Californian Bank
(LIMITED),

LONDON, Head Office, 3 Angel Conit.
SAN FRANCISCO Office. «B California St.

NEW YORK Agcnt^

J. dt

Authorized Capital, Fald-up and Reserve,

W. Seli^man A Co.
•

$8,000,000.
1,550,000.

Transact a general Banking bnslneH. latna Commercial CredlU and Bills of Exchange, arailable in all
parts of the werld. Collections and orders for Bonds.
Stocks, etc., executed upon the most faTorabIa Mrmt.

FREIVK F. LOW,
! UaBa«Ma.
IGNATZ STKINUART, J "*•••"•
r. N.

IiIUXNTHAL,

Caihler.

;

THE CHRONICLE.

11

Morgan

&

Canadian Banks.

Canadian Banks.

Foreign Exchange.

Orexel,

[Vol. XXVII.

Bank of Montreal.

Co.,

Capital,

CAPITAL,
SURPLUS,

CORNER OF BROAD, NEW YORK.

&

Drexel
No.

it

Co.,

SocTH Tbied

I

Drexcl, Harjes

St..' si

&

Co

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

GEORGE STEPHEN,

LONDON.

ST.,

No*.

&

Brothers

N*. 69

W^ALL

ST., N.

Co.,

Buy and

THBT ALSO

C0MMERCI4L CREDITS
MAKE CABLE TRANSFERS OF MONEY BETWEEN THIS COUNTUT AND ENGLAND, AND
DRAW BILLS OF EXCHANGE ON GREAT
ISStJE

BRITAIN AND IRELAND.

S.

&

G.

G. C. Ward,
AGSNT8 FOB

BARING BROTHERS & COMPANY,
52 WALL STREET. NEW YORK.
38 STATE STREET, BOSTON.

J.

&

Stuart

&

Co.,
J.
33 NASSAU STREET.

EXCHANGE ON
&. SMITH'S,
BANKERS, LONDON
MASrCHESTER ic COUNTS BANK,
"LIMITED";
JOHN STUART & CO., Bankers,
MANCHESTER, PATAULE IN LONDON
ULSTER BANKING COMPANY,
BILLS OF

SntlTH,

PAYNE

BELFAST, IRELAND
AND ON THB
ALSO,

Agents.

Exchange, Franca and Cable
grant Commercial and Travelers' Credavailable iti any part of the world issue drafts
;

on and make collections in Chicago and thronghont
the Dominion of Canada.

OfBce, No. 9 BIrcliln Lane.

Draw Bills of Exchange and make telegraphic
tranaCalifornia.

John Munroe
No.

&

of

ClBCTTLAS N0TH»

AHD CHBDITS FOB TRATBLBBa.

...

Buys and

.

Sells Sterling

Exchange, and makes Cable

Transfers of Money,

issues Commercial Credits available everywhere.

HARPER,
GOADBY.

G.
H.

J.
.7.

S9 WlUlam

BANKERS,

St., cor.

NEW

Exctaanse Place.

YORE.

Make Telegraphic Money Transfers.-^:
I^wBllIsof Exchange and lB.ne Letter,
»I1 principal

clUes of Europe.

oi Credit

BPECLAL PARTNER,

OBUTSCHE BANK.

BerUn.

most eminent
authors, ouch as
Rt. Hon.
E. Glad.

t

Capital,

-

-

.

J.

Argyll, ^ura

$5,iCl,790, Paid Up.

General Manager.
Asst. General

INGHAM,

Man iger.

Klulocta,

ing, and many others

are

represented In th6

pages of

Littell's Living Age.
Jan.

!,

1878,

Tax Living Agb

entercl upon

Its

136th

During the year It will furnish to its reaa.
tbe productions of tbe foremost authors above
named, and many others : embracing the choicest
Serial anu Snort stories by
volume.

eri^

LEADING FOREIGN NOVELISTS,
and an amount

Unapproached by any other Periodical
In the

world of the most valuable Literary and Sclenfrom the pens of the LEADING

tlac matter of the day,

BANKERS.

ESSAYISTS, SCIENTISTS, CRITICS. DISCOVER-

y^^^^'J^f^P^n,-'''.''' Clydesdale Banking Co.
lOKK-Tho Bank of New Vork, N ij a
National Bank of tbe Uepaullc'

NEW

ERS AND EDITORS,

,h'^^l^'''^J','"''\*^'"l'=5'
change,
table Transfers and Gold

Knowledge and Progress.
Thb Livimc Aqb is a weekly
more than

representing every department

01

'">'».»"* 'ells Sterling ExIssues frerSlta

worw, mikerconmlonl
ri'!,';,^";';;?!,'
^r'^S' '""and Issues
Canada nnd elsewhere,
Drafts payable
any of the offices of the bank In Canada Oemand
oraftslssued payable In Scotland and Ireland,
aSd
every descr
sriptlon of foreign banking business
under-

fn
In
at

taken

New York Agency,

William

Blaeb, Jean Ingelow, ifiliis Thackeray, Mrs. ollphaiit, Mrs. Alexander,
George .UacDonald, matthew Arnold,
W. \» . Story, Xurguenlff, Ancrbacta,
Kuskin, Carlyle, 'lennysnn, BroTvo-

.„.„.

OFFICE, OTONTREAL.

WM.

W

«(one, Prof. Max Mailer, Prof, 'lyndall. Dr.
W. B. Carpeuter, R. A.
I'roctor, Prof. Huxley,
Jas. A. Froudp, Edw.

f-^K*'"'-

Merchants' Bank
OF
•CANADA.

No. 52 Willlatn St.,
PATON & CO.

wItU Mctsrs. JESUP,

Exchange Bank
OF CAiVADA.

riiagaztne givlcg

THREE AND A QUARTER THOUSAND
double-column octavo pages of reading matter yearly.
It presents In an Inexpensive form, consiaenog it.
aiiiouut

of matter, with freshness, owing to It.
weekly Issue, and with a satistactory compleleneai
attempted by no other publication, the beat Essays,
Keviews, Criticisms, Tales, Sketches of Travel and
Discovery, Poetry. Scientific, Biographical, Uistor.cal
and Political Information, from the entire body of
Foreign Periodical Literature, aad from the pen.
of the

Capital Paid

HEAD

Up

-

-

-

$1,000,000.

OFFICE, MONTREAL.

ARLEST LIVING ^VRITERS.
" In

M. H.

GAULT,

Pres't.

C. K.

MURKAY, Cashier.

BRANCBES;
HaiKLTON,

O.ST.;

ATLMEE, ONT.; -pAKK HiLL, OUT.;
Bkdfobd, p. q.

Halifax.

LONDON.-The Alliance Bank (Limited)
NEW YORK.-The National Bank of Coiimerce.
Messrs. Hllmers, McGowan
& Co
National

BUFFALO.-Bank

of Buffalo.

Bank

Sterling and Amerlcan"El^hange
bought
Interest allowed on Deposits.

""''*
t

nttof"""

Pf^Pt'y «hd remitted

ice

find the heat prottucttona of the best tcrllert

tsubjectit

• li quner.*'

ready

to

our Aawii."— f hlladeluliia

The choicest literature of the dny."— New York
'•

"TritiUd
A pure and perpetual reservoir and fountain of
entertainment and i«*(rwciioH."— Hon.Koberto
Hon. Kobe
M'tii*
tbrop
" The best periodical *h America.
Tiieo L.Cuyler,

'*And the cheapest. A monthly that comes even/
ireet."— ' The Advance," Chicago.
"Jt affordi the belt, the cheapest and most convenient
means .,/ keepina ub, east with theptogre-s of thought
in all Us phases "— I'r'ilajeiibln " Nonb .American."
" Ullh it alone a reader may fairly keep up with al
that

FOREION A9ENT8-

CHICAOO.-Unlon

it

upon uU
"

QUEBEC (CITY) .-Owen Murphy.
NOVA SCOTIA.-Mer chants Bank of

Lichtenstein,

The

iTlnir

Freeman Frtiiices
Howor Cobbe.Tke Duke

$6,000,000 GoJd.
$1,900,000 Gold.

.

'

&

^

*.

AOBNTS:

Knoblauch

,

Agents.

Commerce,

.....

Surplus,

MUNROE

&. CO., PARIS.
BTEBLISQ CHEQUES AND BILLS AT
SIXTY
DAYS* SIGHT ON
ALEXANDERS & CO., LO.NDON.

BANKERS:

LOKDON, England.— The City Bank.
!?"{,'";*' '5""''°' Commerce.
New
Yoek.
'
"" •iC. F. Smithersand W.Watson.
Collectlonsmade on the best terms.

X

\YALL STREET.

No. SO
Capital,

$1,000,000.

;

The Canadian

Bank

Reserve,

OFFICE, TORONTO.

DtJNCAN CocisoN, Cashier Hugh Lkach, Asst. Cash
Branches at Montreal, Peterboro. Cobourg, Port Hom
Barrle,St. Catharines, CoUIngwood.

Drafts on Scotland and Ireland, also on
Canada, British Columbia and San Francisco. Bills
Collected and other Banking Business transacted.
D. A. MacTAVISH.J .„„„„

Co.,

No. 8 \rall Street, New York,
4 Po.t Office Square, Boston.
CHEQUES AND CABLE TRANSFERS ON

$2,000,000.

Demand

WM. L.\WSON,

In New TorltBakk of Moxteeal.

Agents

&

Co.,
street.

Publicatioiig.

J. &W. Seligman&Co.,

Un of money on Europe and

Capilal,

rates; also Cable Transfers.

HEAD

Issue Letters of Credit for Trayelers,

Cashle:

The Bank of Toronto,
CANADA.

WALL STREET.

No. 52

GEOhGE HAGUE,

Payable in any part of Europe, A<ia, Atrica,
Australia
aod America.

WILKIE,

59 Wall street.
Promptest attention paid to collections parable
"jauie m
any part of Canada.
Aporoved Canadian business paper, payable m eold
or currency, discounted on reasonable terms and
proceeds remitted to any part of the United States
bv
'
eold or currency draft on New York.

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

President, the Hon. JOHN HAMILTON.
Vice President, JOHN MoLENNAN, Esq.

BANKERS,

'

Bank of British
North America,

CABLE TRANSFERS AND LETTERS OF CREDIT

69 EXCHANGE PLACE,
CORNER BROAD BTREBT, NEW TORE.

London

Lombard

HEAD

AGEIVCK OF TflE

"*

RATIONAL BANK OF SCOTLAND.

93

;

London

In

BoBANguHT, Salt

sell Sterling

Transfers

Isane, against cash depoBl.td. or satisfactory gnaran.
tee of repayment. Circular Credit* for Travelers, In

of tbe world.

P..

;

OFFICE, TORONTO.

THOMAS, ISGERSOLL, WELLAND.

ST.

Waltkb Watson,

V.,

OoUart for use In tbe United Sutes and adjacent
countrlea, and In pounds sUrllng for use In any part

$1,000,000.

President D.

Dealers In American Currency and Sterling Exchange-

General Manager

C. F. Smithkks,

its,

Brown

HEAD

Agents

Draft. Secarlties.GoId.
Dougtit andRoliI oDCoinmiaeion. iDtereKt allowed
OD >epofiit!i. Foreign Kxctiaoire. Commercial Credlta.
Cable Traaafera.
Circular Lettera for Trsvelera,
arallable In all parts of tbe world.

BROAD

ANGUS,

NEW YORK OFFICE,
59 ic 61 W^ALL STREET.

DepoRlU received sabjcct to

Ac,

e OLD

HOWLAND,

S.

President.

R. B.

I

ATTOByKTS AND AGENTB OF
neamn. J. S. jnoRGAN & CO.,

H.

BEANOHBs:-ST. CATHERINES, PORT COLBORNE,

Boalerard BanasmaQii

Paris.
Pblladelphla.
DOMESTIC AND FOREIGN BANKERS.

No.

Bank of Canada

Imperial

WALL STREET,

and sold

for at

is important in the literature, history, politics
science of the eintf."— "Tne .Methodist," Ne« Yo' k
Ought to nnd a place in every American Uome."—
New York "Times.*

and
••

PCBLisuBD Wksklt at ts 00 a year, free of postage:
or for $10 50 Tbk Livi.no Aoe and either one cf tne
American » J monthlies (or Harper's Weekly or Batar)
will be sent for a year, both postpaid: or, for (9 50,
Thb LiVTse Aez and the St. NlchoUu or Appteton's
Jturncl.

low

A lores.

LITTELL

dc

GAY, Boston.

:

Avocn

,

THE CHRONICLK

81, 1878]

iii

nturanco.

liiKurniiro.

Commercial

OFFICE OF THE

ORIENT

OFFICE OF THE

Mutual

Hong

ATLANTIC

New

York,

The following Statement

Co.

Insurance

Mutual

Company on

Co.

Insurance

AND 8HIP AOBNTH.
Konic, Tanton, Amoy, Poochow,

18th Jannary, 1878.

of the affairs of this

the 31st day of December, 1S77,

published in conformity with the provisions of

Ilosloli

N»\r York, J»n«»rr M,

1878.

The TniBtoes, In conformity to the Charter of the
Company, submit the following Statement of Its
afrairs on the Sist December, 18T7
Prvminma received on Marine Risk*
from lit January, 1877, to 81«t De$4,710,685 88

cember, 1877

Prcminma on
lit

Policiea not

marked

Shanghai
Banking Corporation,

its

2,040,368 61

Total

amount

Premlumi.

of Marine

Ofllee,
AOKaT,

W. POMEROY

WaT» BT.,

Jt.. lOB

Charles E.

755,078 89

Total

Premiums

$950,993 61

Earned premiums of the year
L<)«»e8

14

R. T.

Parker,

Post

O0ce Boi

53(1,539 81

and return precitums..

&

Olyphant

183,173 08

.

2J3i.

Co.,

COMMISSION MERCHANTS,

ASSETS,
December,

31sT

BOSTON.

Exchause Plaee,

$820,3(8 55

and expenses

Re-lus'irance

$6,751,028 44

have been issued npon Ufa
KifikK, Bor upon Fire disconnected
with Marino Risks.
Prtminms marked off from Ist Jam$4,903,881 08
ary. 1S77, to 31st December, 18:7. ..
Losses paid daring the

Hong Konx.

Head
B.

COMMISSION MERCHANT,

off

January, 1S77

1876

S

Hong Kong &

Is

$195,916 73

Net Premiums received dt^ring the year
ending SUt December, 1817

Sew York Agenry,
B. W.POMEItOY JB..
VA Watbb St., N. T

1

W CanTajLL araasT.

Charter

Premiums unearned Slst Dec.,

and Hanltow, China.

AlJcncv,

M(ntUAYV(lUBR8,(

J.

C'lird*.

Russell 8c Co.,
niSSION nRROIIANTS

O.tl

<;

ttliaualial

11
L|

:

KouK KonK, fibanglial, Foochonr and

18T7.

Canton, China.

No Policiea

Cash In Banks

$854,739 43

United St ites Stock

SKPRKSKNTKO BT

OL.lfPHANT

478,343 75

Stocks cf Corporations

,

CO., of Cblna,

tc

104 Wall

106,038 58

New York.

St.,

.

same period

Unsettled Accounts

wise
Keal Estate and claims due the Company, estimated at
Premium Notes and Bills RecelTable.
.

617,436 01

. .

1,764,393 63

CathinBank

355,364 03

amount

of Assets

$14,366,351 66

Six per cent. Interest on
certiflcates of profits

thereof, or their le£;al

the outstanding

be paid to the holders
representatives, on and after
will

Febmary

Tuesday, the 5th of

next.

interest thereon will cease.

The

certificates to

be

produced at the time of payment and canceled
Upon certificates which were issned for gold preulnms, the payment of Interest and redemption
will be in gold.

of Forty per Cent,

vs

de.

premiums of the Company
for the year ending 31st December, 18*7, foi which
certiflcates will be Issued on and after Tuesday, the
clared on the net earned

7th of

May
By

next.

$1,561,951 54

CHARLES IRVING,

Secretary.

H.

Edward

Henry Do B. Routli,
Henry R. Kuhnhardt,
Lawrence Wells,

E. H. H. Lyman,

York.
No. 11 Old Mlp,
The Jobbing Trade ONLY Supplied.

Alexander Hamilton,
Carl L. Recknagol,
.\rthur B. Graves,

Alex. M. Lawrence,

John D. Dix,
Walter Watson,

Henry E. Spra^ue,
Theodore J. Ralli,
C. L. F. Rose,
F. Cou^inery,

George H. Morgan,

Hugh

Turner

Brinckerhoff,

P. Davison,

&

Aucljincloss,

William Pohlraaan,
ConstanUn Menelas,

Co.,

Manufacturers and Dealers In

W. F. Cary, Jr.,
Ramsay Crooks,

COTTONSAILDUCK

H. L. Charles Renauld,
Frederick G. Foster,
Charles Munzinger,
Ernesto G. Fabbri,
Juhn Welsh, Jr.,

COTTON CANVAS, FELTING DUCK, CAR CO^ ER
ING, BAGGING. RAVENS DUCK, SAIL TWIN 88
AG. " ONTARIO' SEAMLESS BAGS,

Theodore Fachiri,
Williams. Wilson,
Gnstav Schwab,
L. M. Caivocoressi.

And

all

AWNING

'

Kinds o(

8TRIPK8.'

Also, AiientB

United States BnntInK Company.

A

tun supply

all

Widths and Colors alwayt

Duane

No. 109

EUGENE DUTILH, President.
ALFRED OODEN, Vice-President.

mANCHFSTER

ANTON METZ,

Works,

Locomotive

Assistant Secretary.

MANnFACTURERS OF
Locomotives and AinoakeaK Steam
Fire Knslnes,

1842

SecreUry.

MANCHESTER. N. H.
RE,OOD, W. G. mEANS,

ARESTAS

Treasurer,

Superliitendeiit,

Mancliester, N.

U

40

Water

TRUSTEES:
J.

D. Jones,

Charles H. RasseN,
David Lane,
Daniel S. Miller,
Tosiah 0.

Low,

Uoyal Phelps,
C. A.

Hand,

Lewis Curtis,
James Low,
Gordon W. Bumbam.
William Stnrgis,
William E. Dodge,
Thomas F. Yonngs,

John D. Hewlett,

William U. Webb,
Francis Skiddy,

Charles P. Burdett,
Alexander V. Blake,

Adolph Lcmoyne,
C harles H. Marshall,

Robert B. Mintum,
George W. Lane,

!!obcrt L. Stuart,

James G. DcForest,

•^'rederick

Chauncey,

.

LIFE mJB ENDOWMENT POLICIES

OKTERMS AS FAVORABLE ASTHOSE OFANY OTHERCO.

^ASHASSETSovEl $ 80.000.000.

Wire Rope.
STEKL AND CHARCOAL
IKON of superior quality
sulLlhlc for MIXING AND
HOISTING PURPOSES, in-

Charles D. Leverich,

clined Planes,

Edmnnd W.

^of

John

William Bryce,
Peter V. King,
Horace K. Tfaurber.

Wlllam n. Fogg,
Tkomas B. Coddington,
1.

D.

JONES,

Corliea,

President.

CHARLES DENNIS, Vicc-Presldeat
W. H. H. MOORE, Sd Vice-President.
A. A. RAVEN, 3d Vice-President.

Boston

of
Usi, F.S.WINSTON, PRESIDENT
"
"Es EVERY APPROVED DESCRIPTlOr*

Herace Gray,
Elliott,

street,

& Bro.,

George A. Clark

Charles Dennis,

W. H. H. Moore,

in stoek.

Street.

Cn.-\RLE3 IRVING Secretary.

ORGANIZED APRILIZTf

CHAPmAN,

OF

SODA.
New

TRUSTEES:
George Moslc,

order of the Board,

J.

SIJPE R-CARBOK ATE

of the Board,

Carl Victor,

The outstanding certificates of the issue of 1874
will be redeemed and paid to the holders thereof,
or their legal representatives, on and after Tuesday, the 5th of February next, from which date all

A Dividend

MANUFACTURERS OF

19,876 48

Total amount of Afsets

l,163,2CO0O

Co.,

453,507 74

the following Assets, viz.:

By order

&

John Dwight

Receivable

and Uncollected Premiums

rnited States and State of New York
Stock, City, 3ank and other stocks. $10,565,996 00
Loans, secored by Stocks and other-

Total

549,455 58

Subscription ?7otes, Bills

$3,565,890 17

Retnras of Premiums and
Expenses... 1947,923 86

The Company has

Real Estate

Transmlsnon

Power, &c.

vaD*.^cd Charcoal
fsihips'

Also Uai

and BB for

UlEginff, Suspension

Bridges, Derrick Gny8,F*erry
Ropes, Ac. A larxe stock
constantly on hand from
which any desired leufrth
are cut. YhKI STEEL
IKON KOi'BS for Mining
purposes manufactured to

niLlVARD-N

JOBN W. nASON & CO.,
48 Broadway, New lforli.*fl

NEEDLES.

E.R.MudgCjSawyer&Co
K OK
A G h -S T
_ „
IVasbluKiuu i»lill»f riilcopee Mf« Co.,
.S

Biirllnstuii Wouleu Co.,
UUerton New «lll»,

Atlanllr « o.lon mils,
Maratosa Victor; ISfk Co.t
AND
Hoklerr. Sblrtu and Drawers
^

"

AND

.irdiT.

Hl!.l.l.\

400 BROADWAY, NEW YORK.

a
•

' From Vsrlous

KKW YOKK.
Brarrr.

4S

).

Wbit«

Mills.
.

18

BOSTON.
CuAcaoxT

hHILADKLPllIA,

W. PAXTUN. en CasrrairrBTBBaT.

»T.

:

THE CHRONICLE.

ly

Financial.

Boston Bunkers.

Financial.

Massachusetts
Loan & Trust Company,

six Per Ct. Gold Sinking Fund Bonds,
UNITED STATES TRUST CO., TRUSTEE.
itnposea.
Free of all Taxes, imposed or to be and Nov. 1.
Bonds due 1903. Interest pajfable May 1

No. J8

POST OFFICE SQUARE,

BOSTON

.

Chartered iu 18T0.
?500 000.
WOODS RICE. STEPHEN M. CKOSBT

CAPITAL,
OE J.

vestment.

time on Staple Merchandise,
Kecelpts.
elUier upon bllli of Lading or Warehouse
part or
Collatcial.orprepaymenUln
of
Excii.xoE
for entire loans allowed.

NEW
134

Co.,

International

Geo.Wm.Balloii&Co
12

DEVONSHIRE

Bank

of

Hamburg and

London, (Limited.)
HOUSE IN EUROPE,
HAMBURG.

the

thrODfih

the

New York

Cotton.

the connecting link between

&

Ware, Murphy

Co.,

Hew

Municipal Bonds.

and

The com.

New York

already earning a large turplus

is

over the interest on its

Cotton Factors

England business
States.

under the same control as the

Central,

&

the shortest and most

it

coming from the Southwestern
is

pa^jes

Central Railroad and the Atlantic

Great Western, making

pany

It

Genesee and

valleys of the

rich

direct route for ail the

ST.,

BANKKES AND DEALERS IN

Ci!y of Rochester to Salamanci, In the State of New

Wyoming, a:d rorms

JOHN BERENBERG, GOSSLER & CO

Boston,

Vork,

OP THE

ROCHESTER & STATE LIM:
RAILWAY COMPANY.

York, a dUtance of about 103 miles.

COKBESPOXDENTS OP

COBBESPOXDEK-CE SOLICITED.
GB0R8I H. HOLT,
Member N. T. Stock Excbanje.

New

70 State Street

&

Seven Per Cent Bonds

The Sochetter <t State Zin» SaUway runs from the

BOSTON.

YORK,

GOSSLER

esO. W». BiLLOtT.

WALL STREET,

Interest.

Pearl Street.

maturity of loans.

8

and

JESUP, PATON & CO.,
No. 62 WILLIAM STREET. NEW YORK.

payments mide before

all

at par

Mortgage

First

On cogo
These bonds are a direct obligation of the
Uen oyer \.heU\icaeo
ft Alton P.K., and have a first
M jsour
Kantas City & St. Loals KR.-162 mlles-lndesirable
InThey arc recommended as a safe and

Treasurer.

President.

Loam made opos

ALLOW LVTEBXBT on

CHICAGO & ALTON RAILKOAD

For sale

XSVII.

fVoi,.

bonded debt. The

boi)ds

are a firet mortgage lien, at the rate of $20,000 per

:and

&

Brewster, Basset

Co., GENERAL COMMISSION MERCHANTc

AN KKBS.

B

COTTON EXCHANGE BUILDING,

NEW YORK.

CONGRESS STREET,

No. 35

BOkton,

Special attention paid to

iTIuas.

Commercial

Oealera In Stoctts, Bonds, Gold and

delivery of cotton.

paper.

Orders executed CD Commission at Brokers

Board

loTestmest Secnrlllea conetantlTon hnnc.

&

Parker
BANB.SRB,

Bar and

and

Cltjr

Chas. A. Sweet

&

Co.,

BASKEKS

County

ai:d

SECU.^ITIES, Bold
Kallroad Bonds.

&

Baltimore Bankers.

&

Wilson, Colston

COTTON

solicited

and

Infortaatlon

COKEK9PONDBNT8— McKlm Brothers &

St )ne street.
a

SON.

64

New

fur-

J.

Baronne

Street.

E.

S.

Co., 51

ft

GIVEN A

Northern
Preferred :-iock and Bonds.
Oregon Steam Navigation Co. Stock.
Clalma on .lay Cooke A Co.
Texas Pacific RB. Land Grant Coupon Bonds.
Jefferson. Ma':lson & Ind. KB. ist and id Mort. Bonds
Sandusky Mansfield & Newark UK. Bonds.
City, County and Town Bonds of Ohio, Iowa
& Wis
v»»<»>'i».
LouisTine ft NashvUeBK. Stock.
Fort Wayne Jack, ft aaglnaw KR. Bonds.
Interest-paying Bonds of Southern Ballroads.
Fulton BK. Bonds, all Issues.
Kansas Pacific Railroad Bonds, all Issues.

&

Jemison
MOODY &

Co.,

JEMISON),

Advances made on Consignments. Future Conbought and eold on Commission, In
New Yortt and Liverpool.

tracts for Cotton

J.

C. Johnson

&

Co.,

COTTON BUYERS FOR MANUFACTURERS

niEnPHIS, TEVN.

Sawyer, Wallace

&

Co.,

WM.

lOTTON KACTORS i COMMISSION MERCHANTS

S.VLE.

Brunfewick

7

per

ct.

H. UTLEV, 31 Pine

bonds. 1897
St., N. Y.

%VAKTED
Alabama, Sonth Carolina tc Louisiana
State Bonds;
Neiv Orleans Jackiion

&. «;t.

raissUKlpni Central,

and

Northern,
Tloblle

Railroad Bonds ;
City or New Orleans Bonds.
A:

Olilu

LEVY

dc

BORG,
X WALL

STREET.

WINSI.OTV, I.ANIER

CO.,

&

CO.,

Corner Nassau and Cedar

Sts.

TNDIANAPOI.IS BLOOOTINGTON &
\YESTERN RAILROAD.— Holders

Of Fir-

Bonds can sign the bondholders'

sew

1

Mortgage
;

plan of re-

organization at the office of James T. Worthlngton

Attorney,
malle

1

Room

No. 7S, Diexel Building, or have copy

4T Broad Street, Netv York.

McAlister

&

BONDS of tlie INDIANAPOLIS BLOOMINGTOS
& WESTERN RAILWAY CO.— The agreement for re
10, 1817,

,

^

'

having been eljned

by more than the requisite majority of bondholders,
the same

is

decL-ired

binding, and notice

Is

hereby

given that all other bondholders who desire their
bonds represented by the Committee In the proposed
purchase of tlie road must slgo the agreement of July
assess10, 1377, and send It with their bond, and f 5
ment on each bond, to the Union Trust Comiiany, 7&

Broadway,

N

i

;

T., before the 6ih d»y of Sept. next.

SUJIXtR

R.

STOXE,

Chairman Of Committee Extension Bondholders.
New York, August 6, 1373, IG E xchange place.

Wheless,

COTTON

OORtmSSION mERCHANTS
NASHVILLE, TENNESSEE.
Special attention given to Spinners' orders.
•pondencesollcueii.
RsraRBNORs.— Third and Fonrtli NaUOBiil
""""'"
and Proorlelon of las Cuohiom

.

by senJlng address.

organization dated July

ft

FOR

&.

Corner Wall and Broad StB.

JOHN C. snOKT, Vlce-Prciitlcnt.
GENERAL COMMISSION MERCHANTS,
No. 123 Pearl Street, New York.
ryo THE HOLDERS OF EXTENSIOJf

WANTED.
Pacific RR.

New

DREXEL, MORGAN

New Orleans.

AND
ST.),

PHILADELPHIA.

Jersey city and

;

$1,000 E.\Cn; REGISTERED
BONDS OF $5,000 EACU.
ARE SECURED BY~A FIRST AND ONLY
MORTGAGE ON ALL THE PROPERTY OP THE
COMPANY IN THE STATE OF PENNSYL-

tt e

BANKERS, COTTON FACTORS

Orders In Stocks and Bonds promptly executed at
he Philadelphia and New Ifork Boards.

Cairo

WATTS

Tork, and Messrs. D. A.

<'o.

Austin,

STOCK BROKER,
303 WALNUT PL.4.CB (316 WALNUT

1

a security of undoubted character.
orders for

anij

afforded by our frien Je, Messrs. D.

(Soccessors to

Bell

Delaware and Hudson
Canal Company

Advances made on conslgivments, and all InformatlOi

paclalty.

Correspondence

&. BRO.,

No. 34 Pine Street.

purchase or sale of fnture shipments or dellverliB.

Co.,

BANKBKS AND BP.UKEliS,
BAI.TI.T.ORE.
tMVBSTMBNT and VIRGINIA SKCUKITIKS
slibed.
N. \ .

BROWN

H.

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

LIVERPOOL,
consignments of

Solicit

Pliila.

WALSTON

VANIA.

31 Broivn's Bulldlnes,

DEALERS IN GOVKHNMENT
State. City,

for sale, at 90 per cent and

OP

DE JERSEY &, CO*
W. C. Watts & Co.,

STATE STREET, BOSTON.

40

have

DUE 1911 INTEREST, MARCH
AND SEPTEMBER; COUPON BONDS

IHancbester and Liverpool,

Conntr Bonds.

amount

PRINCIP.'V^L

HOCSKS nt

Western

Sell

We

equipment.

FIRST MORTGAGE, 40-YE.VR,
PER CENT BONDS.

NEW YORK.

53 EXCHANGE PLACE,

BOSTON,

only a limited

made on con

CO.mniSSION mERCHANTS,

DKVONSHIKK BTBEET

78

Liberal advances

slenments.

Stackpole,

its

contracts for future

Knoop, Hanemann & Co

Auctions, and Private Sale.

upon the road and

already sold over $150,000 of these bonds, and bave^'

accrued interest.

he execution of orden

for the purchase or sale of

mile,

CorrA
v/uiro

Bank
J>™k

FFICE OF

THE

ILLINOIS CEN-

TRAL RAILROAD COMPANY, New York, Aug. V
1378.-A Dividend of THKEE (8) PER CEN f has been
declared by this comnany, payable on the 2d day of
September next to the holders of the capital stock of
the company, as registered atthe close of the Uth day
of August, after wblch and unlll the 5Ih day of September, the transfer books will be closed.
L. V. F. RANDOLPH. Troasuror,

j

j

j

I

j

L

.

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

VOL.

SATURDAY, AUGUST

27.

CO

NTE N T 8

NO.

31, 1878.

foreign countries.

Since the

688.

elaborate paper, of

Mr.

Comptroller Knox, in one of his recent reports, there has
Foreign Commerce of the United
R«port of the Bankers' Convcnnot
been anything published in this country presenting
au
States
an
Jlon
Latest Monetary and Commercial
CliiM-8 and Cure of Jndostrlal
so
clear
and comprehensive a defense of the national
215
News
Ensllsli
3I'2
DieprewioD
Miecellancons
J^jfit In tbe Handa of a Rcceirer. 313 Commercial and
The pamphlet report before us thus
217 banking system.
News
THE BANKERS' GAZETTE.
presents a full view of the national banking machinery,
Qnotattons of Stocks and Bonds... HO
Xoner Market, V. S. Sccnrities,
luvestments, and State, City and
Railway Stock?, Gold Market,
but it would have been more complete in this department
8-28
Corporation Finances
Toreign ExrlianRe. N. Y. City
2'.8\
Banks, Buetun Banka, etc
of its teachings if some one of the speakers had given a
THE COMMERCIAL TIMES.
clear,
graphic sketch of our whole bankinL? system, com835
380 Dry Goods
Commercial Epitome
23S
20 Imports, Receipts and Exports
Cotton
prising,
as it does, twice as many banking institutions
234
Breadstnffs

THE CHRONICLK.
I

I
I

I
I

|

|

—

1

1

outside of the national system as there are in

(Clxvonitlc.

yjxjc

The Commercial and Financial
dtiy viorning, ic-Uh the Uitest

news

Citronicle is issued on Saturrip to midnight of Friday.

TERMS OF SUBSCRIPTION-PAYABLE

IN

ADVANCE:
$10 20.
CIO.

For One Year, (including postage)
..
ForSix Montlis
do
Annual subscription la London (including postage)
do
Sixmos.
cto
do

£2
1

68.
7s.

Subicnpiinns will be continued until ordered stopped by a written order, or
atthtpublicdlion ofKa. Tlie Piil)lisher3 cannot be responsible for Remittances
aalMamade by Drafts or Post-OIHce .Money Orders.
Office.
The London office of the Chbosiclb is at No. 5 Austin Friars, Old Broad
Street, wliere subscriptions will be taken at the prices above named.

it.

The discussion on specie payments, which was held
upon the second day, was very suggestive. Mr. Fallis, of
two other bankers from the West,
were in favor of the policy of inert silence, but the great
body of the Southern and Western delegates agreed
heartily with Mr. Coe and the Executive Council in the
Cincinnati, and one or

determination that a convention of bankers, in the
crisis, should utter no uncertain sound on this

present

London

most important of all the financial questions of the day.
add that tbe gentlemen who objected
Advertisements.
approving
heartily of the tone and spirit of
did
whi'e
so
Transient advertisements are published at 25 cents per line for each insertion,
bnt when drtluite orders are given for live, or more, insertions, a liberal dis- the resolutions themselves, and that they only doubted
count is made. No promise of continuous pubiicalion in the best place can be
riven, as all advertisers must have equal opportunities. Special Notices in
the expediency of publishing them from a convention of
Banking and Financial column BO cents por line, each insertion.
WILLIAM B. DANA & CO., Publishers,
wnxiiM B. DAHi,
banks and bankers of the present time. In substance,
79 8c 81 William Street, NEW YORK.
JOHN 0. FLOTD, JB. f
Post Office Box 4092.
these resolutions declared that "tbe near approach of
the day appointed by law for the resumption of coin
1SB~ A neat die-cover is furnished at 50 cents; postage on the same is 18
cents. Volumes bound for subscribers at $1 50.
payments and values, is to be hailed as an event of the
{3^ For a complete set of the Commerciai and Financial Chrosicle—
July. ISiw. to date—or of IlusT's Mebcuakts' Magazine, 1S39 to 1671, inquire
highest significance to the prosperity and welfare of the
at the ofltcc.
whole nation, because it is the only means by which
E^~ The Busine'B Department of the Chronicle is represented among industry and trade and general tranquillity and contentFinancial Interests In New York City by Mr. Fred. W. Jones.
ment can be restored to our people that the American
REPORT OF THE BANKERS' CONVENTION. Bankers' Association pledge their aid and support to
It is only fair to

I

;

We
the

have received advance sheets of the report of
convention,

late

at

Saratopa,

of

the American

the

Government

The document, though voluminous, is full of interest.
For many reasons, the dant crops in
convention this year was expected to be less attract- mineral wealth,
IJankers' Association.

ve than usualj
:s

except to the bankers themselves.

the more gratifying

therefore

It

to find in the pro-

ceedings of the convention, and in the papers presented
'

I'

fore

it,

so

rich

a

fund

of

timely and practical

-uggestions adapted for general usefulness

among

the

in

a return to the specie standard in

the transaction of the financial affairs of our country;
and that the resources of the country arising from abunseveral

successive years, extr.iordinary

large credit, balance of trade with other

nations, and from the rapid development of mechanical
inventions and appliances by which productive industry
has been facilitated and increased all happily concur in

—

supplying the necessary means for coin resumption."
These resolutions were unanimously passed after a

has been usual in brief but full discussion. Among the gentlemen who
previous conventions to have several thoughtful papers. spoke in favor of them, we find the names of Mr. -Logan
This year they have been supplied by Mr. Hayes, of C. Murray of Louisville, Ky., Mr. J. D. Lockwood of
Michigan, Mr. A. II. Moss, of Ohio, and by other speakers. Richmond, Va., Mr. Williams of Albany, Mr. Gage of
The longest of the essays read before the convention Chicago, Mr. Henry of Alabama, Mr. E. D. Judson of
was that of Mr. George AValker on our national banking Syracuse, Mr. llollister of Michigan, Colonel Roots of
jieople.

On

the subject of panics,

it

compared with those of the oM Arkansas, and other well-known Western bankers and
State banking systems and of the banking systems of bank officers. Among the statistics presented to the

system and

its

merits, as

THE CHRONICLE.

212

[Vol. XXVIl.

The
ease which is, if possible, to be broken up.
were some valuable tables from General
is especially rampant now, because he feels the
socialist
Dr.
from
Raum, Commissioner of Internal Revenue,
and universal pressure. Exaggerating the doctrine of human
Marsland, the assistant secretary of the association,
equality, his position is: All men are equal; some have
from the presidents of the various clearing-houses in the
more than I; therefore, they should be made to divide
United States.
with me. The consequences of this division he never
Perhaps the most important of the statistical papers
President of studies. He does not look far enough on to see that so
•was that presented by Mr. J. D. Vermilye,
soon as it ceases to be certain that a man can keep all
Merchants' National Bank. It was intended to show
his superior energy and ability enable him to get, the
of
safeguards
undermining the

convention,

how

excessive taxation

is

The "equality" becomes precisely that of a ship-wrecked
the banking system in the city of New York.
company on a raft a struggle for shares in a diminishperiod covered by these statistics is six years, during
stock of supplies.
which time thirty-one banks have decreased their capita', ing
What are the causes of the present depression ? The
the total reduction amounting to 119,979,000. Besides
to this perplexing question seems necessary to
answer
this, there has been a decrease in surplus amounting to
the discovery of remedies. The causes are
precede
The total decrease of capital and surplus
$10,773,500.

—

thus more than thirty millions. Since this paper was
prepared the Merchants' National Bank has reduced its
capital $1,000,000, making the total reduction in capital
is

and surplus $31,752,500.

New

The

Insufliciency of
largely general, and are many.
in circulation is not one, because there is as much

money
money

now as there was when all industries were active, and
Bank when prices, furthermore, were higher; the trouble ia
meeting July not that money is insufficient, but that it is sluggish and

directors of

the

York, a month ago, at their
unanimously resolved that the capital of the refuses to circulate. But why does it not circulate?
question, it seems to us,
bank ought to be reduced from $3,000,000 to The correct answer to this
statement
of the causes of
the
part
large
in
covers
stockholders
of the
and the assent
$2,000,000,
always
remains;
in being "spent"
money
for
depression,
period.
an
early
at
probably be obtained
will
merely
changes
hands;
the labor
but
consumed,
not
it
is
forward
looking
of
this
city
are
also
banks
Several other
pays
is what is consumed, money revolving
it
which
for
sources
As
one
of
the
of
capital.
reduction
similar
to a
of

30th,

Wages have

declined, but so have prices of

of special strength in our banking system has always

in circles.

ample capital which has been
invested in the banks, as compared with the liabilities of
the institutions, it follows that a decrease of such magnitude as is set forth in Mr. Vermilye's statistics must be
regarded with much apprehension, and that in proportion as excessive taxes have caused the evil, these taxes
are menacing the future prosperity and strength of our
banking and dnaneial system. On the general subject
of bank taxation very little was said at the convention,
but renewed efforts of an important character were
made, looking to the relief of the banks from part of the
existing oppressive taxation, and of preventing, so far as
possible, any increase of their fiscal burdens.

commodities; one decline

been recognized

in the

CAUSES AND CURE OF INDUSTRIAL

may be

taken roughly as
complaint of labor is not
for work, but that it gets so little

offsetting the other, so that the

that

it

gets so

little

work to do.
Some lay much stress upon the fact that the war was
an enormous and an unprofitable consumption of
property.

So

it

was, especially on

all

the

field

of

But the same number of workers
from making any further contribution

military occupation.

who were
to wealth,

The

cut off

were also taken out of the labor market.

destruction of properly in the

too remote a cause, and

war terminating

in

be accepted

as

will not

1865, is
a sufficient reason for the depression of 1878.
One of the chief causes of depression, it seems to us,
is the reaction after a period of excessive construction.

DEPRESSION.
Industry now goes from hand to mouth, in simple
Mr. Hewitt's "grievance" committee, replacement of what is consumed in daily living; during
although no panacea shall be found, may be produciive the seven years before 1873, it was constructing public
of good in several ways. First, they have demonstrated and private works in addition to that. Money was
the preposterous character of the demands of the so- borrowed in large quantities, at home and abroad, which
called laboring interests, and the hopelessness of trying was paid to labor for building these works, chiefly
to conform legislation to their shapele-s pattern
and railroads; the work was found to be mistaken, the
for this purpose it would be well if every member of expenditure of labor unprofitable, and the process
Congress could be made an attendant on the committee's stopped; owners of capital now neither employ labor
Then, it has been shown that the case is not a for such purposes themselves, nor lend it to others for
sessions.
simple one, for which any handy nostrum is a good such employment.
Nor is this experience peculiar to
enough remedy, but so complex that not even long the United States. The world over, there has been a
study enaVjles one to certainly and thoroughly under- speculative period, in which labor (which is the only
stand it. It also appears that the remedies to be applied perennial capitnl and wealth-maker) was expended in
are chiefly negative, the healing being the process of creating fixed capital unprofitably, and now the ineviii:iture, left to work out by time and patience, nothing table reactionary dullness is being experienced.
England
being possible for legislation except to remove obstruc- feels the loss of this country as a customer, and our own
The

sessions of

—

tions.
The proceedings of this committee may also
cultivate the habit, hitherto unfortunately wanting in

enormous favorable trade-balance brings only bonds in
return, the homeward bond movement being practically
this country, of basing legislative action upon careful the payment of our debt to Europe by our food exports.
special inquiry previously made.
In making the brief
Prof. Sumner lays stress upon the development of
review of the subject contemplated in the present article, transportation facilities and labor-saving machinery, as a
we must dismiss with slight mention the socialist disturbing cause. We incline rather to place these in a
utterances to which the committee have given much of broader generalization and say that stenm, the telegraph,
their time, and this, not because they are not of conse- the clearing house, and
the other applications of set-offs
quence as a phenomenon of the day, but because they and credit paper, have combined with the growth of
may be lumped together as symptoms of a general dis- machinery, the discovery of new mines of gold and

,

^

AD0U8T

THE (CHRONICLE.

81. 1878.1

movements of emigration and development of
now country, and some other similar causes, to form a
conditions of indusseries of changos in the methods and
that the world has
thorough
and
rapid
try and trade, so

j

not had time yet to adapt itself to them.
This is not the less true because temporarily the
disturbance resulting from these was averted; in a

wo have

lived too fast

— faster

locally, this is true; otherwise

own cure, one evidence of this being found in
wo have heretofore stated about the recent

the

facts

in

—

]\[acliinery

not.

it is

its

than our increase

systems could accustom themselves to the strain and
^e penalty is a reaction. As to the effect of machinery,
the pet fallacy of labor is now, as it always was, that
machinery deprives the laborer of work. Temporarily

•nd

much everything, while the latter deprecate all
Government interference.
Such help as the Government can give consists in an unfaltering return to the
specie basis, and improvement in the revenue and tariff
laws.
In some directions the disease is already working
pretty

silver, the

certain sense,

213

vast

settlement of Western lands.

EGYPT IN THE HANDS OF A RECEIVER.
Strange rumors have
circulation regarding the
that the finances of that

some time past been in
of Egypt. It was known
country were in a desperate

for

affairs

condition.
It was understood also in well-informed
more labor than it displaces, and circles that radical changes were about to be introduced.
the fact is asserted by careful students of the subject It no V appears from recent cable dispatches that the
that its permanent effect is the employment of more Khedive has accepted propositions whereby the government of Egypt, for the time being at least, practically
laborers than before its introduction.
The condition of its navigation laws is also a cause passes out of his hands. Nubar Pasha, an old and
is

"labor-saving" only

in

a qualified sense;

it

redistrib"

Utes labor, but creates

In 1821, 88*7 per cent of
of trouble in this country.
exports
was carried in American
and
the total imports

maximum

faithful counsellor, takes the position of President of the

Council, and Mr. Rivers Wilson, an English expert and

appointee of the British government, becomes Minister
and worked down gradually to C5-2 by 1^61; of Finance. This, however, is not all. The Khedive
daring the war it was brought down to about and the other members of the vice-regal family are to
and the entire
one-fourth the total, and baa so remained; the restore all their lands to the State
total merchant marine of the United States has also machinery of the government is to be reconstructed in
The navigation the interests of economy and the general welfare of the
dnclined 20 per cent since 1S60.
To put the whole matter in the simplest
laws forbid buying foreign-bailt vessels, and the country.
the Egyptian government and the impossible
form,
result is that while we cannot profitably build vessels at
private
estates of the Khedive have been put
mense
permitted
procure
are
not
to
them
from
abroad.
home, we
The condition of the tariff is another cause of trouble, into the hands of a receiver.
That some radical change was impending, was, as we
not merely because the duties are too high, but because
they are far too many in number, too far-reaching and have hinted above, not wholly unexpected; but what form
unequal in operation, and too harsh and complicated in it would take, has, until now, been only matter of conjecexecution.
Some are virtually prohibitory upon articles ture. Radical, however, as the change seems to be, it
not produced here, thus yielding neither revenue nor cannot be said to be a surprise to anyone who is at all
protection others in this class for example, the duty familiar with the condition in which the affairs of Egypt
on quinine while not prohibitory, benefit a close mo- have been for some years past. In the midst of much
nopoly more than they do the revenue, and one general apparent prosperity, and under cover of great magnifieffect of a bad and excessive tariff, combined with the cence and splendor, Egyptian affairse have been rotten at
What has been the cause ? Nothing in the
lack of suitable reciprocity treaties, is to prevent the the core.
export trade which the country needs as relief to " over- country itself, for the soil is as rich and as fertile as of
old, and the Nile annually rolls down its wealth of
production."

vessels; this rose to the

of 92^ per cent in

1826,

;

—

;

—

Perhaps the worst trouble of

Want
reason why

all is

in our finances.

of

the proximate

capitalists

waters as faithfully as

the lack of stability

confidence

is,

Pharaohs.

of course,

in

it

the

did

in

the times

native inhabitants

of

the

of the

country, for they are industrious, t-imple in their tastes,

do not themselves

money and good borrowers do not seek

Nothing

frugal in their habits, and not greatly given to extravameans simply that gance, even if they had the means. Nothing in the
there is no such faith in the stability of things and in the character or doings of the foreign population, for the
prospects of profit as will induce taking the risk; losing foreigners are engaged in legitimate business, and have
interest is an injury the capitalist can measure and un- neither part nor lot in the conduct of public affairs.
derstand, and he prefers that to risking loss of the prin- The secret of the financial wretchedness in which Egypt
The disposition of those who have money, is, now finds itself, and which the autocrat of the country
cipal.
if they cannot find safe borrowers, to let it be idle until
is no longer able to keep from his own door, is to be
they can see how matters turn out. Inflation will not found in the blmd, reckless and extravagant manner in
help this; denouncing capitalistsand banks will nol;and which the affairs of the government have been managed.
the manifestation of socialist ideas only tends to Ismail Pasha has, no doubt, had evil advisers, and to the
heighten the uncertainty and hold capital more closely extent to which they have influenced him for evil, they

employ
hire

it

their

to

of them; but this expression

are no doubt to be held responsible, but he himself

in its hiding-place.

The above

is

a hasty review of some of the

many

is

the

chief offender.

—

Pasha has had great opportunities great bescarcely more than to mention them.
What should be yond those of most men of his time. He was rich when he
done is less xjlear than what should not be. It is notice- succeeded to power in 1863 one of the richest men in
Our own civil war, which greatly enriched
able that the socialists who have voluntarily appeared the world.
before Mr. Hewitt's committee, differ as broadly from Egypt, was a source of immense gain to its ruler; for he
the invited economists in their suggestion of remedy as covered his many thousands of acres with the cotton
in their notions of the disease.
The former agree that plant, which yielded him a magnificent increase. Even
the Government should set things right by abolishing a after his accession to power, cotton continued to be his
great many things obnoxious to them, and by regulating hobby, and cotton was cultivated to the neglect of rice
causes of depression,

and we have necessarily attempted

Ismail

—

I

THE CHRONICLK

Iil4

and almost every other essential of existence. The result was that while gold poured into his coffers, and that
while money was plentiful, there was but little " corn in
Egypt." Prices rose; living was costly; and while the
fellaheen were not without money, they found it difficult
to purchase food.
people than for his

Caring less for the welfare of his

own aggrandizement,

the Viceroy

•maintained the character which he had acquired as a
prince, and went on in his career of magnificent and

[Vol.

XXVU.

government of the Khedive's interest
and now the removal of the Khedive from any active management in the affairs of
the country, and the appointment of a Christian Presithe

in

British

the Canal,

dent of the Council, with an English Minister of Finance
all these have been onward steps in the same direc-

—

It is amazing how quietly the change has been
tion.
brought about so quietly that one might say Egypt

—

like

a ripe pear, after years of cultivation,

has been

owner of a plucked by England.
It is not difficult now to understand the conduct of
large and powerful fleet of merchant steamships, which
did an unprofitable business in the Mediterranean and Beaconsfield at Berlin, in the matter of Egypt. When
He built harems, and purchased and re- urged by Bismarck to occupy that country, he treated
the Red Sea.
of beautiful wives.
In his anxiety to the proposal with indifference. It was surely hardly
presents
ceived

•fihowy extravagance.

make

He became

principal

Cairo a miniature Paris, he erected a magnificent

•opera house; and with the aid of the best talent he could

necessary to appear anxious about a piece of property
which was already secured. Beaconsfield, in spite of his

-command he brought out operas, one of which cost him enemies, still marches on in his triumphant career. Hig
not less than one hundred thousand dollars. He took star is still in the ascendant. Without drawing the
an active interest in the Suez Canal, and sunk in it a sum sword, he added to the Queen's dominions the island of
not under eighty-seven millions of dollars. So long as Cyprus and secured the control of the valley of the
he was able to borrow money in the markets of Europe, Euphrates. In the same quiet and easy way, he has
be seemed to think little about interest and to care less laid his hand upon Egypt; and the presumption is that
for ultimate consequences. Finally, he found it impos- when Ismail Pasha is restored to power, it will be ag
sible to borrow, and an English commission in 18 To the vassal of the British crown.
Beaconsfield has cerproved him to be a very poor man.
He owned then in tainly deserved well of his Queen and of his country.
his own right over
50,000 acres of land, about onetenth of the cultivable soil of Egypt, and realized from
it about two millions of dollars a year.
But he owed

on

some twenty-five millions of dollars, at ten
percent per annum, and he had besides an immense floating debt at an enormous interest. It became necessary for
4iim to part with his shares in the Suez Canal, and for
these shares England gave him four millions of dollars.
To such a man, in such circumstances, such a sum
afforded only temporary relief. Hence the result of to
day.
The Khedive is to all intents and purposes a
bankrupt, and England has appointed a receiver.
We see no reason for regretting this change. In the
first place the government of Ismail Pasha was a desthis estate

FOREIGN COMMERCE OF THE UNITED STA TES.
The movements of foreign trade during the past three
years have been so remarkable as to engross the attention of all persons interested in the commercial and
financial condition

of the country.

The

subject has

been frequently alluded to in the Ciieoxicle, and
extended tables, compiled from the Bureau of Statistics, have been published, showing the course of exports

and imports, and the so-called balance of trade. Mr.
Joseph Nimmo, Jr., of the Bureau of Statistics, has just
issued a report, accompanied

by a series of tables, in
which the figures for the last fiscal year, ending June
30, 1878, are compared with previous years, with the

potism of the worst kind, thinly disguised with profes- result of bringing out many striking
facts which would
sions of liberality and pretended sympathy with modern
not be observed in a casual examination of the detailed
progress. In the preservation of despotisms we have lists of
exports and imports. From Mr. Nimmo's report
certainly no interest.
In the second place, the govern- the most important parts are
condensed below:
ment of Egypt, conducted as it was in the interest of an
The total foreign commerce of tUe United States— imports and
irresponsible chief, and without any regard to business exports— during the year ending June 30,1878, was larger than
during any year prior to 1873. The exports of domestic merprinciples, was not only a standing wrong, but a per- chandise from
the United States during the year ending June 30,
manent source of annoyance and injury in commercial 1878, weri", however, larger than duringany previous year in the
centres.

It

is

well, therefore, that

it

should cease to

operate for evil. In the third place, there will be a
better prospect that Egypt, one of the richest countries in the world, considering its size, and
one of the
very few which produce cotton, will be brought more

fully within the

pale of civilization,

and will not only
a disturbing influence on trade and
ommerce generally, but become one of the steady and
reliable centres of production.
Alexandria may revive
somewhat of her ancient grandeur; and her harbor,
cease to

exercise

which

is one of the finest in the world,
will become the
great southeastern port of the Mediterranean; for
it is
not Egypt alone which will yield to the new
influence,

but, through Egypt,

history of the country. From 1803 to 1873 the net imports of
merchandise into the United States largely exceeded the value of
ihe exports of domestic merchandise from the United States, Ihe
excess of imports ranging from $-39,000,000 to $182,000,000.
During the years ending June 30, 1876, 1877 and 1878, however, the exports of domestic merchandise from the United States
greatly exceeded the net imports of merchandise into the United
States, the excess of exports increasing rapidly from year to vear.
This is shown as follows
:

ExcmoffxporU

^TJ/t^"^

$T9.MM81

<

;°IS

I.'5:,158,0M

is;!,
^'''''••••;

S57,r3«,%4

Our imports of merchandise have fallen off each year since the
year ending June 30, 1873, the year of the largest importation.
Our exports of domestic merchandise, on the other. hand, have

greatly increased since 1868. From this table it appears that the
total value of exports of domestic merchandise
from tlie United
States increased from $260,389,900, in 18G8, to
$C80,083,7!}8, in
18ib— an increase of $411,293,898, or 153 per cent.

the upper Nile country as well!
EXPORTS AKD IMPORTS OF MEHCnAXDISE.
In the interests of trade and commerce, and in
The following statement shows the specie value of the net
view of
imports* of merchandise into the United States, and o«f the
her connection with British India, it has Ion
been

England that Egypt should come under
British
rule; and for
many years past it has
been manifest that events were tending
strongly
desired in

domestic exports of merchandise from the United
States, from
1800 to 18(8, inclusive:
Year ending
June 80.

towards such a consummation.
The railroad from J860
]':'i\
18W
Alexandria to Cairo, and from Cairo
to
Suez
the opening of the Suez
Canal, the purchase by to*f«eigQ

A'si Imports
of
Merchandise.

$336,282,485
274,656,325
1T8,330,300

TOMtS

"' '"'*'

DomeiUc Expoiis
of
Jlerchandlse.
f3I6,S4i!,423
204,899,616
f,9,644,Oe4

'"'^""'''' •«»'

Excess of
ImiKirts
over Exports.
$e0,040,062
19,756,709

Excess

<if

EV]>rtrts

over Impoits.

:*
1,313,8M

imported gcods tfterward* exported

Acausr

THE CHRONICLE.

31, 1878.1

Imiiortt

If
IfiKl

MerchamUte.

mer Expovti.

tia<iooi.>ia

•W.STl.atS

u.i.sM.otr

I»7.flW,S«S
«,ri6,ST7
8S,959,r44

I3«.MI),«48
837.518. 1(S
»7«,"86,eoe

i^i'J.t>.'>i>,5^'>

4M.4r«l.lllH

«44,b73.Ml

S:::;ii':iii

4I<I.803,II8

iSto

Sjram of

D/mttUc Sxjioru

\it Imjioitt
.V
c

JuntHO.

T5,4M,541
]«1.88S,««a

8*6,81K,4:S

4%lH(i,(ilU

18J1

M1S8(».4U

4«<>,898,l)08

i8:j
J8;j

810,004 699

498,487.181

6»4,t89.7W
550.M«.rei

8e9,oas,48>)

I88,41T.41)1
11»,55«,*!:8

I'i.MV.rJS

isn
1

...

78

Erporta

t

B4TB«OV BXOHANOB AT ItOIfOOlf AlfO ON bONBOII
AT LATBTT UATMM,
<XUUAN«B AT LONOOHADGU8T n.
on—

B18,Wi,8»

M'1.<83.4K1
419.i84,100

449 OSSV))))

5>.').!i82,-MT

79.6')8,"48i

4S8,51H.I
4Sa,80i,g!4

531)liT0.«l

1M.1VJ,094

18,876,G!)8

95T,'.66.%4

EXPORTS AND IMPORTS Of COIN AND BULLION.
The following staiement shows tlie net imports* of coin »nd
bullion into tlie United States, and the domestic exports of coin
•Dd bullion from the United States, from 1860 to 1878, inclusive:

ImporU Donut'le txportt
of coin and
(ff coin
iuttton.
and bulUon.

Sxoett of
Sxctfx of
Importi
exixirff
overexporl$, merhnporle.

JV«<

Ttar irM'.ng
Jutu 31).

+$l,a(9.3M

$56,916,'«1

4i)..'m,4('i

2J,799S70
31,044,U1

10.5'!4,0'.8

ISA.

$57,9'J6,101

16,548,531

55,993.5"J
10O.473,5«J

16.178,*!i9

976. 1»«
83,T45,k75
4«.9I5, 68
48.'S1.803
81,4:8,351
7*,798.240

88.797,897

M

8 ',817, 89

71,iWI,4i6

50,03^,691
43,131,788
27,051,956

40,5' 9,liJl

>8?S.

3:5,143,074

6.3.1i7,(;37

88.175,4'!)

1

l.i,38-,S23

3,911,911

* Met Impcrts meana total imcorts, less Imported coin and bullion
wards eiporicd t foreign countries,
t Excess of exports, |1,049,253.

after-

>

EXPORTS INCREASED.
Tlie following are the values of the principal

commodities cf

domfsMc production, the exportation of which greatly increasid
from June 30, 1868, to June 30, 1878
:

— Ymr ending June

.

Comm-idUles.
Atrrlculinral

Fruit

and mfrs. of

Iron, (tcel,

Leather,

and mfrs. of

...

Oilcake
Coal oil and petrolenm
Provisions

Total

Increase.

$673,381
73t.895

|2,575,!98

l!l,«0;,817

5,844.)>5;j

5,111,258

68,9S0,997
1,516,220

11-2,7113510

39. 'KO

181,771,507
4,359,467
3,078,949

4,57 .054
406,512

11.4:15,628
l,:jr5,969

6664,574
970 457

6,.389,4«9
l,4I4,:37a

9,913,448
21.810.676
80,278.253

12,084,048
8,077,659
5,095,163
46.574.974
123 549 986

6,663,087
S,181,ri5
S4 764,398

»140,926,987

$403,f26i601

1262,899,614

843,a»7
2,;:il),09fl

56i)4,lil9

98,271,7:10

Tb« total increase in the exports of the commodities and
claMes of commodities just enumerated amounts to $263,899,614,
and constitutes 64 per cent of the total increase in the exports of
kll merchandise from June 30, 1868, to June 30, 1878.
It also appears that the net imports of merchandise into
the
United States during the year ending June 30, 1873, amounted
to ^024,689,727, ami during the year ending June 30, 1878, to
only $122,SU6,834, showing a decrease in both of $201,793,893,
TO 82 per cent.
IMPOTITS DECREASED.
The following table shows the values of the principal coinjnodities of foreign production, the importation of which greatly
decreased from June 30, 1573, to June 30, 1878:
Decrease

CommodUUe.

1373.

Clocks, watches and materials..

$3,274,825

1873.

$812,J82

since 1?73.
$2,462,243

S14.398.791
11,490,768

$15.;53,335
8.937,633

19,7'1,731
6,676.769

10,134.186
1,874,372
12.070,923

TEXTILES,

VasQfacta'es of cotton.
Manufactures of flax
Manofactarcsof silk

$29,752,116

..

2P.428,:;91

89,835867

Clothing

8,551,161

Wool—
Uumanufactnred

20.4-33,938

Ca-p<t8
D.css Goods
Other mannractntes
Total

4,.388,a',7

8,.3e3,015
.598,889

19,447,7h7
26,626,721

12,055,806
12,219.852

14,:l;6,e69

S159,464,?48

$85,355,131

$4,109,117

3.«89,'-68

7,391,^91

IBOK AN'D STIIL.
Bar, rod, sheet

and hoop

$7,477,5:6

Irontnples

$1.6.30.707

$5.P46,8(9

1:1,817,281

Bailroad banAnchors, chains and other

19,740,7(8

1,250,0^7
5

8,59',''0O

92ri.790

4,155.iS4

l,Sao,0;i7

10,192,nj

4,035,512

12,597,224
19,740,172
2,674.110
2.935,197
6,457,267

_ Total iron and cteel
$59,303,452
Copper, bra>s, and manafactores

$9,057,6:i3

$50,250,819

•17,188
353,936
12,112,512
-42 564

3,349,»f8

Steel— iDgots, bar». etc
btee.— Cuilery, saws, etc

V
,0'
I«ad In

pigs and bars
Tin and tin plates
Uiaia tobbrr and guita percba..
Tea

Grand

The

total

3,98»,471
3.2i:,0.7
18..'?5fl.ia3

900,187
21,466,170
$272,'i59,6i3

falling off in the importation of the

2,»l>8,691

15,660',168

6,214,121
657,ni3
8,806,002

$124,211,734

$148,147,899

commodities mentioned
thejoregoing schedule amounted to' $148,749,899, and constirated .o per cent of the total decrease in the
imports of all merchandise into the United States from June
30, 1873, to June 30,

»

U.4i
«)4«
90 4«

..

3

K.n)(

moutha.
••

IS.

3mo«.

Aiig.'lS.

3 moa.

Atig! 18.

8 moa.

Aiig"l«.

60 dara.
8 moa.
6 moa.

Ang.

(Pill. 90

t*

•*

iieoo

•burt.

(an.7!>
fe*7.75

•*

Naples.
St. Petersburg.

12.05

|1>.8
M2.4:ii

47.04

a

•«

Cadiz
Madrid
Lisbon

*•

«xa47«

SOdaya.

New Vork

....

Alexir.drla

..

,

Song Kong...

1».

7V<*.

le.

7hd.

Ang.
Ang.

11.
1«.

l7-»

48 45
i.fs'

9<1M
Is.

B\d.

u. xjid.

Ang.

....

14.

8taugbai

tU.

9Hd.

^. i\d.

IFrom onr own correapondent.1

LOKDON, Saturday, Aug.

On Monday

17, 1878,

the House Committee of the Bank of England
decided upon increasing their rate of discount to 5 per cent, and
the movement was by no means unexpected, as the Bauli retant
last

of the previons
It is

as

jfct

too

week bad prepared

the pablic for such a change.

early to judge of the effect of a 5 per cent rate

;

but the tendency has been favorable, thongh, up to the present
time, only in a slight degree. This week's Bank return shows a
few cbacges of a favorable character, the principal one being an
increase of £1,014,173 in the total of

culation of notes has fallen

.30.-

1878.

implements

Livo animuls
Bread and brcadstnffs
Coal
Copper, bras?, and mfrs. of
Cotton, mfrs. of

abort.

..

77,171. !I6I

o;o

9.4«(i

IB

abort.
8 mo*,
shuri.

.38.50

66,18.%845

li,«i5,:o»
?;, 746.915

•*

ilH

abort.

79,51)5,734

73,1)05,546
59.«» ',1*6

am.
wn.

AiigiM.

)70
y.n

1*

....

Antwerp
Amnterdam.
Amslerdam.
Vienna
Genoa

1(.

M54tK
JM.7J

87.310.501
81,736,487

«,5»4.187
1«76.

Hamhnrff
Frankfort

Ang

a<s.8«

*t

«•

75 3(3,979

BlATa.

short
mantha.

Calcutta

6l,6t8,:-J4

4,IMI,a41
5,S8s<ff3
:i,14 ,3IS
7.-MI,J«5
8.614.89}
10,7;7.9 9

i

60 AajB.

t3,M8.3;4

.

Paria
P.rli
Berlin

Uomnay

7,39S.S95

8,)9'}.&'i3
8.781 ir.U

BXOflANOB ON liONDON.
UkVBtT

Tin.

20,47i.,WS
54,5V.',506
i«.380,SnHI
17.838.1.54

l,4JI,(i.''ti

mt..
IKS
IM..

^onetavuSCom mcyctaX^noXtgTt Slews

101,«.S4,n^5

S69 nm.vaa
2rri.186.697

77,J03.50»

g:::::::::::

Sxeut 0/
over Importi.

215

oS

" other deposits."

The

to the extent of £380,714,

cir-

and the

diminution in the supply of lullion does not exceed £96,839,
The total reserve has been
augmented by £339,801, and its proportion to the liabilities of the
establishment is about the same as last week, viz,, almost 36 per
Ciat. There is in increase o' £6oO,533 in the total of "other
securities," which may be regarded as a small amount, considering
how quickly money las been rising in value; but the fact is that
our discount market is kept bare of supplies of bills, arising out
of two causes: firstly by the limited number drawn, owing to
against a recorded efflux of £119,000.

demand for them on
on German account. At the present
time, the jupply of money at Paris is very abundant, and the
Bank rate is ut only 3 per cent, with transactions in the open market at 1| per cent. The rate here Is five per cent and the banks and
discount houses are unwilling to woik under 4i per c-ut. The
margin between two markets so closely allied is thus very great,
the slackness of trade, and, secondly, by the
Paris, and,

it

even

is

said,

and, consequently, large quantities of Frtneh money are likely
But the position of afiairs is by no^
to be retained on this side.

weans

We now owe Paris a very large sum of
some future date will have to be repaid. As

satisfactory.

money, which

at

long as money remains cheap in Paris, there is no appreUensioobut should the French market commence to rise,
;
considerable stringency would soon be apparent here. It ia more
than probable that the indebtedness of foreign countries to ruthas of late been very greatly diminished, as higher rates of discount have a less rapid influence upon the exchanges. As far as
of difficulty

is

known

a small

at present,

some shipments of gold from New York and

quantity from

India only are advised, and, as

it is

the

demand for gold which is chiefly causing the present upward
movement in the value of money, there are many who believe
The
that a higher rate of discount will become necessary.
present state of the money market has naturally an adverse effect
upon trade. It has not, certainly, made trade worse than it was,
checks the improvement which has been looked forward to
Business will now be conducted with caution, as it
expected that very little, if any, money will be obtainable

but

it

for so long.
ia

under 5 per cent during the autumn months.
The demand lor money for commercial purposea during the
week has been upon a very moderate scale, and there aeema to
be no prospect of improvement. In consequence, however, of
the small reserve of the Bank of England, which ia only £8,913,764, the rates of discount are firm, as follows:

rer cant.

Bank rate
Open-marketrabu:
MandeOdAya'bUl*
Smontha'blUs

4

|
I
I

4KSS
4X99

I

I

Open-maikat raiaa:
4 montha' bank bllla

Far
r«r caul.
caai.

Saantba' bank bllla
4 and ( aoDtba' trade bUU.

<Xf'
I

:

:

rates of interest allowed

by the joint-stock banks and

dis-

coant hoases for deposits are as follows:
Per cent.
Jolnt-8tocKb«nlc»
Discount houses at call
Discount nousea with 7 days' notice
Discount boaaes with 14 days' notice

decided extent.

previous years

£

£

£

£

S8,5ia.S39

25,950,345

3,5H9,6'JT

5,«0,3O2

28.10.),467
3,531,3(11

Other dcposlU

28,644,306
15.4VJ.183

15,9«7,8W

28.f87,785
4,601,016
22,462,403
14,993,554
18,871,813

Government securities.

13.5''4,0I3

3i,b75,37*
13,43«.952

Other securltle<
Reserve o( notes and

16,832.036

17,illi,876

11,051,693

coin

and bullion

16,5i3,2ii3

51.018,4,16

in

both departments ... 22,541,378
Proportion of reserve

33,303,892

to liabilities

Bank-rate
Consols
English wbeat,av.price
Mid. Upland cotton...
40'8

mule

21,000,831
14,967,178
18,960,119
8,912.-;61

12,060,017

3)4 p.

c

2 p.

34,635,976

25,606,877

21,683,219

60 93

41-00

35-80

2p.

c.

5 D.

2 p. c.

c.

c.

95

95

IDd.

658. 8d.

7>id.

6«d.

6 l-18d.

448. Id.
6 9-16d.

lid.
116,136,COD
return. 1«6,9!8,000 116,136.COD

lOJid.
95.908,100

IDXd.

•m'A

94X

92X
569. Od.

SlK. 8d.

8 6-16d.

453.

twlst,fair

Sd quality

Is.

Cleannz House

OXd.

97,909,000

86,136.66o

The arrivals of gold during the week have been upon a very
moderate scale, but, owing to the advance in the Bank rate, there
has been less demand for export. The silver market has been
very dull, and the price of fine bars has fallen to 52 5-16d"
per ounce. The demand has been principally for the Continent,
the steamer for the East having taken out only £450,000. Mexican dollars are worth only 51id. per ounce. The Council bills on
India sold on Wedndeaday at reduced rates, only Is. 7 13-16d. per
rupee being obtained for drafts on Calcutta and Is. 7|d. for those
on Bombay. The following prices of bullion are from the circular of Messrs. Pixley

& A bell;
eoLD.

Bar

fine
Gold, refinable

@

.

Spanish Doubloons
South American Doubloons
United SUtes Gold Coin
German gold coin

Bar Silver, fine
Bar Silver, con'ng 5
Mexican Dollars
Five Franc Pieces

B.
d.
8. d.
77 9
.
..
77 11
....
74 6
74 9
73 9 @78 10
'6
....
76 3>is}

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

Bar Gold,

grs.

®
@

3X&

BILVEB.
per oz. standard, nearest.
peroz. standard, nearest.
per oz., nearest.

Gold

peroz

Quicksilver,

£7

Os. Od.

d.

d.

52 5-16^
53 11-16;^
515^
..

®
@

..

.

Dividend
Declared.

London

&

Brishton.

Balance

.

Brought

In.

£

4X

12,745
2,088

5

6.38

*

5,037

14,500
1,500
3,000
2,500

488

1,6-39

North Staffordshire

lH
4X

1.206
14,142

1,100
7,199

London

&

&

.

Sheffield.

Southwestern.

of Ireland

&

Carlisle

TaffVale..-

half y'r,'77.
3

240
4,029

8
7

Northeastern
Furncss
Grea- Northern
Linca*hiro& Yorkshire..
London & Northwesteru.
London & Tilbury

Maryport
Midl-nd

H

Dlv. cor-

,

£

Metropolitan
Southeastern
Metropol itin District

Manchester

5X

ll,f.06

6
'

21,579
7,069
1,903
11,922
27,577

iH
6

IX

to a

Car'd lorw'd. responding

P.c.^ann.

Belfast&Norlh'n Counties
Gt. Sou hern & Western

£
Circnlatioa, including
26.900,890
bank post bills
4,817,349
Public deposits
1S,860,878

improved, and in some inatances

all

Rymnev

1878.

1877.

isr«.

187S.

1S74.

;

passenger lines have

'*

XXVII

Northeastern Company also pays J per cent less but, with these
exceptions, the rates of distribution on the great mineral and
goods lines have been maintained, while the dividends on the

*2-

Middling
the average quotation for English wheat, the price of
and
quality,
second
twi^t—
fair
Mule
40'b
No.
Upland cotton, of
the Bankers' Clearing House return, compared with the four

No.

;

[Vol.

1
1.,

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

Coin

.

THE CHRONICLE.

216
The

:

3,100

1

'iH
nil.

13i

43i
53<
Tjf

5X
4

5X
6

547
S.547
31,604
7,138

10
5
10

I'l^

10,COO
7,728

6
10

In addition to the Taif Vale dividend, a bonus of 3 per cent per
annum was paid on the ordinary and first preference stocks. The

dividend on the London Chatham & Dover Company's 4i per
cent arbitration preference stock was £3 5s. per cent for the year
ended June 30, against £3 14s. in the previous year. With

regard to the Great Eastern no dividend was announced, but the
amount carried forward viz., £11,400, was rather more than was
brought in, whereas last year a sum of £35,571 was included in
the accounts, while only £1,283 was carried forward.

The next series of public colonial-wool sales will commence
on Tuesday the 20th inst., and, as at present arranged, will terminate on October 10 next. The arrivals to date amount to 301,161
bales, comprising 63,436 Sydney and Queensland, 63,133 Port
Phillips, 17,691 Adelaide, 668 Swan Eiver, 9,543 Van Diemens
Land, 89,059 New Zealand and 55,604 Cape.j Of these, about
7,000 bales Australia and 7,500 bales Cape wool have been forwarded direct to the Continent and Yorkshire.
The weather has been unsettled during the week and the work
of harvest has been impeded. Owing, however, to abundant
exports from the United States, millers operate very cautiously,
and are unwilling to sell except on full terms. It seems probable that good dry wheats will attract attention, as the crop will

which had been
formed regarding it. The wet weather of May and the present
unsettled weather have been adverse to the crop; but the pastures are luxuriant, and the crops of roots promise to be abun.
Some dry weather would, however, prove to be beneficial.
dant.
The following figures show the imports and exports of cereal
produce into and from the United Kingdom since harvest, viz.,
from the 1st of September to the close of last week, compared

certainly fall short of the bright anticipations
...

Discount. 3 per cent.

Owing to the altered condition of the money market, the stock
markets have been dull, and prices have been steadily declining.
It may, nevertheless, be remarked that, considering the great
uncertainties about money, the downward movement is less rapid
than might huve been expected. The market for United States
bonds, owing to buyiuT; on American account, has been firm, and
the quotations have haa an upward tendency. Canadian railway with the corresponding period in the three previous years:
IMPORTS.
securities have, however, been dull, and prices are lower.
1874-5.
1875-6.
1877-8.
1876-7.
The report of the Stock Exchange Commission has at length Wheat
cwt. 52,459,167
40,536,099
52,917,546
42.845,437
13,827,307
8,025,490
13,751,721
12,353,414
appeared, and it is a lengthy document. The conclusions to Barley
12,033,524
10,663,898
Oats
11,941,270
11,680.997
which it comes are that greater care shou'd be exercised in Peas
1,8-31,770
1,4-7,226
1.292,696
1,622.829
4,380,C-i3
2,647,228
-2,704,394
3,04!, 432
Beans
admitting members and that the security entered into on behalf
3-3,939.248
30,865,-352
16,036,606
Indian Com
36.645,306
6,407,044
r,7i0,818
6,013.571
6,382,171
of new members should be extended to four years instead of two, Flour
K2FORT8,
as at present. Not much exception is taken to the present
206,885
cwi. 1,5",7,075
Wheat
314.873
833,640
customs of the brokers in regard to commissions; but a revision Barley
I8-;,701
50.862
2:, 267
62,981
79,239
87.651
336,450
Oats
112,968
of the official list of prices is strongly recommended.
With Peas
18,832
23,637
38,754
30,019
regard to dealings before allotment, the Commission states, in the Beans
31,7-27
9,683
20,29-2
10,755
47.719
49,S14
Indian
239,785
600, «33
strongest possible way, that it is necessary to provide a power Flonr Corn
57.463
90,202
48.200
30,522
to sweep away and annul all such dealings after they have been
During the week ended Aug. 10, the sales of home-grown wheat
made, and involve the innocent equally with the guilty in the
in the 150 principal markets of England and Wales amounted to
loss of the advantages which their contrac's had secured to them.
34,400 quarters, against 22,854 quarters last year; and it is estiAnnexed are the closing prices of Consols and the principal
mated that in the whole Kingdom they were 137,600
American securities, compared with those of last week
the
Redm.

Consols
United Butes 6;

Do
Do
Do
Do
Do

P°
Lonislana
T

,

'

S-20«.

18«T,te

T

103

1881
1904

funded,

18)1

*'

4Xs

"<"

.-

Levee, 8s

Do

6s

Uassachnsetts Sa

Do
Do

109

J885

10-408,6e

68
S«

The tJividends
made up for the

1875
;.

1^
1894
1800

10.

94H@94K

ijgi

."...1887

runded,5s

quarters, against 91,500 quarters.

Aug.

@1I0
dl05

I06W^106J£

Aug.
9S)i&

17.
....

108X@109X
@I05
aiuex

103
106

107Hai08
llO)<aill)j
106JiaiD7
102
42

42
105
106
106

&Wi

@
a

52
52

@107
@108
@108

•-08

®109

105
:o2
42
42

taioi
52
la 52

104
105

105

@106X

@

@106
@107
@107

of those railway companies whose accounts are
half-year ended June 30, viz., all the principal

undertakings, with the exception "of the Great Western and the
Scotch lines, have now been declared, and the results, on the
whole, are satisfactory. The Lancashire & Yorkshire shows an
exceptional falling off, the dividend being 1 per cent less
the
;

Since harvest, the sales in

markets lif.ve been 1,914,424 quarters, against
1,988,325 quarters; and it is estimated that in the whole Kingdom
they have amounted to 7,057,700 quarters, against 7,952,800
Without
quarters in the corresponding period of last season.
reckoning the supplies of wheat in granary at the commence150 principal

ment of each season, it is estimated that the following quantities
of wheat and flour have been placed upon the British markets
since harvest

Sales of

.

.

1874-6.

1876-7.

cwt.

cwt.

cwt.

42,845.437
6,382.171
34,462,000

5-2,917,54'!

6,913,571
35,618,000

40.456.099
6.407,014
47,112,100

..93,393,333
.
1,641,277

83.689.608
863,073

94,449,117
914,062

91,005.243
264,328

91,745,956

82.826,535
54s. 2d.

93.535,055

93.710,915
44s. Sd.

home-grown produce

Total
Exports of wheat and flour.

1875-6.

1877-8.

52,459.167
7,7.W,816
SJ,183,250

Imports of wheat
Imports of flour

ResnU
Avar, price of Eng. wheat for season

5-2s.

Od.

458. 11 d.

:

AU0D8T

1

:

THE CHRONICLR

81, 1878.]

Koport«— Per Cable.

'!»<'»•*

ICnicil«l>

»nd LWer.
The Ullyclo«ln»fquoUtioQ«lnthe luarketi of London
by cable, aa ahowD In
pool for the past week have been reported
the following Ruuimary
London Monty and Stoik

In the

Market.-t^o bullion

daring the week.
of Eujfland has lucreaeed iSOO.OOO
Thor.
Wed.
Taei.
MOD.
Sat.

OBmoUformonoT..
monoT..
Oonwl.jor

M

11-1«

^^

^^^^

^

V»H
101
WIS
mn.

0.8.61 (VtO«) 1867.. ..10«H

«

»' »-'8

91 II-IO CI «-I«
^^_^^

1<KK

IM

Bank

.

d
»
«
5
6

"
10
(C. White dub)... "
Corn (now W. mix.) f) qnar.
Peaa (CansdUn) W ansrter. 3«

M

9

D

i

9

11

2

10
10

2
2

»

K

34

83

9

K

Men.

d.

8.

tc.

73
49
33
88
44

Fork (W't. mesg)....Vbbl 49
Bacon (I'k cl. m.)... ^cwi ») 6
"
Si «
Lard (American)
44 C
OI>eese(Am. ane)new "

Liverpool Produce Market.

a.

n

9

—

s.

d.

e.

d.

4
10

9

4

9

Tillow(prlmeCity)..»cwt
"
Solrltf toroentlne
Clovereeed (Am. red)... "

37

M

—

London Produce and
Lilna'dc'kc(obl)

IK ti.

d.

qnar.

8 I«
51

6

8nsrar(No.l2D'chatd)
onapot, Vcwt

2)

3

Uaaeed

(Cxi.)

^

«tnn..67
Spermoll
" .32
Whaleoll
Un8eedoil....« ton .18

10

(I.

10

2

a.

d.

4

9

7«
9

3

2-3
~.

a.

d.

3

9X
7)i
3

Wed.
£ a. d

37
53
38

6

51

6

23

3

23

67

28 10

28 10

.

3

U

28 10

d.

8.

G

23

3

67
82
28 10

-

Total for the week.
Prevloasly reported ....

Since Jan.

t2,I26,058
3,426,000

tl.70S,S22
3,2i5,478

$4,724,681
19),b91.212

$.'>,V«.0i8

215,790,359

14.932,300
181.S6!.542

1195,418,693

t221, 342,117

J1S6.794.942

7,572,013
223, 1 j4 99

» 2-35.707, 07

1

1878.

1877.

In our report of the dry goods trade will be found the imports

dry goods for one week later.
is a statement of the exports (exclusive of specie"
from the port of New York to foreign ports for the week ending
of

The following

Aug. 27:
sxpoBTa FBOii Haw roBX roR the week.
187.1.

1877.

1878

t4.y't7..3i5

15,163,132

$4.S-.7,276

156.2)5,789

164.tiOS.192

no,670,331

»7,01 1,680
216,311, 606

j;63.:i3,141

$163,772,324

$175,587,610

$223,323,435

1875.

For the week
Prevloasly reported....

SInceJan.

1

The following

show the exports

from the port oi
New Tork for the week ending Aug. 24, 1878, and also a cnmparieon of the total sin'^e Jan. 1, 1878, with the corresponding
will

totals for several previous years

Ang. 21— Str. Colon
Ang. 24— Str. Germanic
Ailg.24 Str. Motel

—

of specie

:

Tanama

Amer. gold coin..

$3,C00

Liverpool

Am.

London

Amer.

I,t00
25,000
10,126
68,00)

allverX dols.

allver bars.
For. ellver bars...
For. silver dols...

ToUl for the week ($9<t,6'6 fllver, and $1,000 gold)
rrevloaaly reported ($4.J»3,2'J7 aUver, and $5,755,140 gold)

$10 !,626
10,0t8,317

Total since Jan. 1.1878 ($4,392,833 silver.and $5,758,140 gold). ...$10,150,973

Same time In—

Same time In—
$22,6i9,030
89.135.2-2
61.877,99H
4O,9T>,110
40.040.325
56,512.170

18T?
1876
1815
1874

1878
1872

The Imports

1S7)

$53,814,096
45.ii6,452
i4.?BS,445
64,879,144
39.9 5.968
53.186.3eO

1870

18M.
1888

IWn
18^8

of specie at this port during the

same oeriods have

been as follows
Aug. 19—Str. Colon

Aapluwall..

Amer.

$17,110

Bllvcr

Sliver bar>

Amer. gold
Golddnst
Gold bullion

1,175
1,800

4^0
.

—

>

,

Payments.

..

-<

M

4i7.0fl()

Total
18.500,030 $8,814,9-23 40 $S,6.16,4-6 19 $2,231,161 33 $2,840,856 0«
123.891.797 80 48.992,179 19
Balance, Ang. 23
129,433,574 41 49,807,980 03
Balance, Aug. SO

Coal Auction Sale.— The Delaware Lackawanna & Western
Company sold this week 50,000 tons of Scranton cial at
auction, at an advance in prices of from five to seven cents per
It was alleged, as it usually is, that the coal was bid up
ton.
purposely by agents, who, upon settling for their purchases,

sale

and

is

a comparison of the prices obta'ned at this

at the July sale

:

Augatt Rates,

*i5'^^.;;
70 ©3 65
3

SW^flOO

Jaly'a Sale.

$3 47)^08 50

s'n&a
890 jT

8

to

3 31>ia....

& Mempllis.— This road was sold at Marion.
Aug. 12, under foreclosure of mortgage, and bought by E,
W. Rucker for account of the bondholders. The real is completed
from Marion, Ala., to Sawyerville, 43 miles.
The Bank Tax. The following opinion of Attorney-General
Devens, given August 23, explains Itself.
To the lion. B. Uawly, Acting Secretary of the Tre^mry.
Sir In compliance with request, I have compared the second
item of Sec. 3 408, Revised Statutes, imposing a tax on capital
employed in the business of banking beyond the average amount
invested in United States bonds,with the Revised Statutes Sec..5,214,
Selma Marion

Ala.,

8 10
51

1876.
$2,000,620
2.744,061

1875.

4,991,409

Bab-Treasury have been

891,000
380.000
534,000
383,000

Stove
Chestnut

week showed a decrease in both dry goods and general
The total imports were $4,932,300, ajrainst
merchandige.
f8^98,00G the preceding week and |o,838 633 two weeks preThe exports for the week ended Aug. 27 amounted to
Tions.
17,011,880, against 16,378,179 last week and |6,G36,776 the preTioniweek. The following are the imports at New York tor
week ending (for dry goods) Aug. 23 and for the week endlcg
(for general merohandise) Aug. 23:
FOaXleN ISIPOBT9 AT NEW TORIE FOR THE WEEK.
t2,5W,604

5.829.7S4

at the

CnrrencT.

Egg..

C;0tu«xcvctitl amX jytis ceXlaneaits jIkCuts.
Imports and Exports por thb Wkbk. — The imDorts last

Dryiroods
Gen«al merchandise...

t.MlMl

1888
1888

1488,140 as
710.803
461,615 88
634 815 06
282.261 81
258,858 81

Grate

3

Prl.

6

.

..

The following

9J<
7'^

£

1.««l»l
7.aM,oM

isn

received a rebate.

9

87
23
33

3

d.

23 a

67
32

d.

4
lU

Thnr.

£

8 10

67
_....--_
32
32

67
32
2j 10

KTl
a.

week

«S3!7,t8J

...

IJii

Railroad

9H
7X

8 10
51

8 10
51

d.
9

4
10

37
23
S8

U

38
44

Tnai.

9>i

fi

3:)

6

a.

9

d.

67
49

Wed.
4

Fri,
a.

a. d.

10

9H
"H

£

£. s. d.
8 to
51 6

6

$171,841
14,8in.t«l

and $1,737,967 gold)...tl4,a<«,t0t

Ang.
art

4,4a8
11,085
881

atlrer
tllver

JITt

Kecelpta.

.

2

2!!....
so.. ..

6

MO
tUMt
....

C^etoroa.

9

9

67
49
33
38
44

44

Oil Market).
Taea.
Men.

Sat.
a.

9

10

10
9ii
7>i
3
37
23
9
38

49
s;
38

Am*,

IN

>,W0

Same time lu—

transactions for the
as (ollowa:

27..
as..

A.

1878 ($I),8S0,I»S lllver,

The

d

a.

1.

1876
1875
1874
1873

26
9

Thar,

d.

71

6

Tnea.

Men.

Sat.

Wed.
a.

Amer.

PortoPlata

$8,488,588
1*111.877
8.8i8.oaa
8,898,480
3,024,398

5

23
83

6
9

«3
33

d.

48
33
30
44

6

Vcwt..
• (fine)
"
Petroleaia(rellned)....Vi;al
^
(»pirlt«)

f|o«ln( common)...

£

6

Toea.

d.

a.

74

..

i

KlafftM

Same time in-

a.

9
10
10

Vorelgo gold
Amar. alWer
Foreign gold

navr*

'.....Liverpool

'.377

Frl.

d.

36

i»
9

Sat.

V

Thor.
a.

d.

a.

t,i88

Market

Liv&rpool Protiiion)

Beer (prime mess)

d

B.

36
9

Amar. icnld
Amer. sllrrr
Amer. gold

Total since Ian.

1U7

Wed.

Toea.

Men.

sat.
s.

98lt

Atplnwall

ToUl for the week (|il60.5<S >llver. and tlt,07<gold)
Prevloutlr reported ($9,670,370 allvor, and $4,726,891 gold)

Fil.

Liv*rpooi Bread»tujf$ Market.

^>bbl «6
ronr (extra Siato)
Wheat (R. W.«prln(?).»ctl 9
•'
" 9
(Kc(i winter)
"
(Av. Cal. white).. " 10

Savanllla ........Amer allvtr

Ang. :3— Str. Ac>pil!co

Ang. 28—Sir. Trboe
Aug. IS— Str. Baltic

»-16

"^V

'?*«

1(H!4

Ang. 8l-8tr. Alp*

Ang. 22— «lr. Villa da Paris
Aug. 82— Str. Atiaa

108X
108X
0.8. It
107 !<
l^^^
IIWJ^
iWH
.....!i07«
ffofiMl
108'/4
it»x
><»«
1065
Siwi>ri.'.'."..v.v::.;to65
cotton
Littrvcol OoUon Jf.irAut.— See apecial report of
.1(8

217

8,300

—

:

which requires every
" National Banks,"

as-'ociation

named

in that chapter, entitled

pay a duty temi-annually on the average
amount of its capital stock beyond the amount invested in United
Slates bonds, with a view to determine whether the amount so
invested is to be ascertained by taking the price paid or the market value of these bonds, as is done by the Commissioner of
Internal-Revenue under the £rst cited section, or by looking
only at their face value, the method adopted by the Treasurer
of the United States under the last-named section. The certainty
and unifoimity particularly desirable in fixing a basis for taxation,
as well as the common usage of speaking of an amount invested
in any enterprise according to the par value of the shares owned,
disregarding brokerage paid and accrued interest on earnings,
to

indicate that it is only the principal sums payable at maturity of
the bonds whicli are the proper ones to enter into the computation
of the amount Invested in them under the section of the Revised
Statutes to which you have referred me.
Jhas. Dev'jbns, Attorney-General.

—Attention is called to the card of the Grand Union Hotel,
which will be found on the last page of the Chronicle To
travelers wishing rea !y access to the N. Y. Central & Hudson River
Railroad, the Harlem or N. Y. & New Haven roads, this hotel
presents inducements in the way of location and convenience
which no other can command. The house has every modern
improvement in the wav of elevators, telegraphic indicator, parjust comcel rooms, &c., and the east side elevated road has
menced running to 42nd street.
—The card of the Massachusetts Loan & Trust Company, of
Boston, will be found in the Chronicle this week. This
corporation, with a capital of $500,000, is under the management
of Mr. Geo. Woods Rice as Presiden-. and Mr. Stephen M. Crosby
as Treasurer, and is prepared to mafce loans upon staple merchandise, with every advantage to the borrowers in the way of change
of collateral or part pre-payment with interest allowed.
—The Hamburg-Magdeburg Fire Insurance Company ha»
secured tbe services of Mr. Wm. F. lleins as manager for the
United Statts. Mr. Heins has been well known for many year*
among mercantile and insurance men in this city, and the
company is to be congratulated on obtaining the services of a
manager having so large an experience. The offlces are at 43
and 44 Pine street.
—The annual meeting of the stockholders of the Northern
In New
Pacific Railroad Comiany will be held at the office*
York 23 Fifth Avenue, on September 25, to elect thirteen
proposition to anthoriM
directors and also to take action on the
in payment for
the receipt of the preferred stock of the company
and In the
the lands already earned in the Slate of Oregon
territory of

Washington.

.

.

THE CHRO^KJLK

216

[Vol. XXVri,

sixty-ninth call for the redemption of 5-20 bonds, issued
26, 1878, embraces .$5,000,000, which will be paid on and
after the 26th of November, 1878, and interest will cease on that
day:
Coupon Ijonds, dated Jul.v 1, 1863, namely: S50, Nos. 73 001 to
74.000. both inclusive; $100, Noa. 132.001 to 136,000, both inclusive$500, Noa. 92,001 to 95,000, both luclusive; $1,000, Nos. 179,100 to
184,000, both incluaive. Total coupon bouda, $2,500,000.
Registered bonds as follows: $100, Nas. 18,951 to 19,100, both inclusive; $500, Noa. 11,151 to 11.200, both inelu.sive; $1,000, Nos. 37 501
to 38,000, both inclusive; $5,000, Nos. 11,401 to 11,600, both inclusive$10,000, Nos. 21,801 to 22,550, both Inclusive. Total registered bouda'
$2,600,000. Asgi-egate, $5,000,000.
Closing prices at the N. Y. Board have been as follows:

The

August

DIVIDENDS.
The foUowtce dividends hsve

Nms
Iowa

Fall*

recently been

annoanced

PeR

:

When

t

Books Closed.

Cent. Pa table. (Days

or Cojcpast.

inclusive.)

Railroad.

&

Sloui Ciiy

Sept.

tl

FRIDAY, A17GITST

30,

1878-5 P. M.

—

Tlie Money market and Financial Situation. The markets
bare been without a disturbing feature, aud speculative transacTliere is an improvement in the
tions are of small volume.
London money market and a tendency towards easier rates on
loans, although the nominal 5 per cent discount rate is maintained
1 he Monetary Conference at Paris has adjourned
at the Bank.
without accomplishing anything, and it is evident that the deleother
countries, while preserving a courteous tone in
from
gates
speaking of the United States, do not respect her course in acting
without consultation or regard for other nations, in her important
silver legislation of the past year.
The delegates were quite
unwilling to admit that any international standard can, under
existing circumstances, be adopted; aud the American delegation,
representing a country which has made silver a full legal tender,
Lave been obliged to play before the world the humiliating part
of the fox witJh his tail cut off.
Our local money market has scarcely changed loans on call
;

are made at 1 per cent on (lovernment bonds, and 1^ to 3^ on
stock collaterals. Time loans, for 30 to 60 days, on governments are
also frequently made at 1 per cent where parties have the privilege of using the bonds, as there is more or less short interest in
f:overnments by the foreign bankers, and these bonds are, thereore, in demand for present delivery.
On strictly prime commercial paper of short date the rate is about 4 per cent, but some
very choice paper could be sold still at 3J per cent.
The Bank of England statement on Thursday showed an increase
in bullion for the week of £260,000, and a reserve of 40| per
cent of liabilities, against 381 per cent last week. The Bank of
France showed an increase of 7,400,000 francs in specie.
The last statement of the New York City Clearing House banks.
Issued August 24, showed a decrease of |542,0o0 in the excess
above their 25 per cent legal reserve, the whole of such excess
being $19,700,475, against |;30,'i42,525.
The following table shows the changes from the previous week
and a comparison with the two preceding years.
1878.

Diifer*nces fr'm

Aug. 24.

1877.

1876.

previous week.

Aug. 23.

Aug. 26.

Lo;ins and dis. $236,994,300 Inc. $1,438,900 ?244,899,600 $254,443,400
Specie
18.662,800 Dec.
571,-'b00
14,259,000
20,946,500
Circulation
19,303.000 Dee.
20.000
13,513,100
14,640,400
Net dcpo.sits
216,088.300 Dee. 1,796,200 213,026.300 226,542,900
Legal teufkrs.
55,039,800 Dec.
419,600
50,789,000
56,930,000
.

.

The following

shows the .Mndition of the national
banks of the United States, at the close of business on June 30
'i he number of banks is now
1878.
2,056
abstract

'

:

Sesonrtes.
,.
,
Loans and, discounts
Ovei-drafts
United States bonds to aeeure eircnlatidn'.".'.'.".'.'.'.
United .states bonds to secure deposits
United states bonds on hand......
Other stocks, bonds or mortgages
Due from approved reserve agents
Due from other national bnn^s....
Due from State banks and bankers

4qqi -k\ qoa

a'aooT??
347'33"> too
'.'.

"..:::;•

Real estate, fui-niture aud tl.\tures
Current expenses and taxes paid
i'teius'.'."

.".'.;;.;

irchaiiges for Clearing House
BiUs of other national banks
Fractional currency....

30604990

<tj-n -ino

^'JS^'^""
io'JI§'2^2
ooq'fi?rn?o
^'aH'^?.^
417,808
5,466,3.50

Due to State banks and bankers..'."
Notes and hills rediscounted....
BlUa payable...
Total

_
United

o,-/.

*,^'

nepoaits of Unltc.1 States dlsbiu-singoffle'cra:;;:
Duo to other national liaiika

oi'SoT'ilf
? 903'5^t

,-,i"}!i'i^'^

i,'^^,^'*o5
^o'^-^'S^I
2,4.^3,833

^-W>?2^894

.V.V.

$1,730,464,706

State. Bond.._There has
been much activitv in
Kovernmen s, and in the 6» of 1881 and o's of
has
Keen a particularly large trade. The subscriptions 1881
to new 4 per
cents in the w-eeK aggregate about
$5,000,000, and this is a verv
large amount

tW

for this period,

Z'w

^

''^°-.

though

con.siderabl v

^ r°<l^nany

below the acth-e
bonds have

sX

been
^
™l°*^ against tSeir
the foreign''ibankere
purchases in London and these
are mainly of the 5's of 1881.
It is reported that a c
rcular has
been floated abroad, stating that the
U. S. Government wo hi
consider the 5's of 1881 due when
the last coupon was iaida^H
intimating that the bonds would
therefore be crUedTn after 1880

on the chances of

their earlier or later redemption.
redemnfion

This

is

Aug.

28.

29.

&
&
&
&
&
&
&
&
&
&

•10734

the price bid

'

"'^^'*

108

Aug.
30.

'107''8

108 no7''g
'107%l io7'?8; no7''8 '107^3 108 *107''8
•102 »3 10258 *102=8 '10258 1027^' 102''8
-102>3 102 13 *1025s 10258 '102%; 102\
107^8,

,

I

'105
•105
>

106 1-2

'107

105% nooia 103 Is

10514! IO5I2

lOoig

10318

IO5I8

105 18

nosH

'106% 10634 lOO^B 107

10(i''8

107

'107
10714 107 12 *107
'10618 IO6I3 1063s 1063fl 10614' loeij
S. '108=8 108 »8 *1087g 108-?o 10834 no87g
-Feb. 10618 lOOifl 10018 10618 lOOifi * 10618
Feb. 106
106
10618 106
lOCifl 106
.Mar. 103% 103% 10331 10334 lOS^s, 103%

Mar. 10434 104% 10434 104% 104% 104%

100% look's
100% 100%

Jan.
Jan.

&
;

119-3' 120

J.

I

100%

10034
10034
119^8

look's

lOO'*,]

lOO's
10034 "100%
120>«

llO'^ei llOTji

no sale was made at the Board.

Aug Aug. Aug. Range
16.

23.

30.

10638 106 »8 107

108

10-40S

OS,

58 of 1881
New 412 per cents

State

since Jan,

Lowest.

1,

1878.

Highest.

ll05i4Jan. 2 109=8 June 8
108 1081.1 IO412 Feb. 25 Ill's July 30
IO7I2 IO7I2 10734 10338 Mch. 1 lOOisJnly 9
IO514IIO514 1051210218 Feb. 25 IO714 JiUy 30

U. 8. 6s, 5-203, 1807.

U.S.

and Railroad Bonds.—Ther? have

been small

trans-

actions in State bonds, Missouri 6's of 1887 selling to-day at 102i,
Louisiana consols at 72|@73, and |5,000 old North Carolinas at
The South Carolina Court of Claims, after passing u]>on
16i.
about $100,000 of consolidated bonds against which no objection
could be found, has adjourned to October 1.
Railroad bonds are steady on a small business.
Tlie following securities

were sold

Shares.
3 Jletropol'n Gas-Liglit Co.. 130
70 .Safe Dep. Co. of N.Y.II210-II3
4 Municipal Gas-light Co.
of N. Y
971s

30 Duplex Gas Saving and
Enriching Machine Co. .$35
100 Minn. & Wilw. EK. stock,
issued

in

lieu

of

La

Crosse & Milw. 3d m.bda.$26
10 Second Avenue KE
50

20 Phenix Fire Ins.Co.(B'ln).115
40 Atlantic Ins. Co
100
10 Atlantic Ins. Co
100
Closing

weeks

at auction this

States.

Virginia 68, consol

do
do
2d aeries..
Diet, of Columljia, 3-653

Eailroads.

week:

liojtds.

$120 Metropolitan Gas-Light
sciip

lOSij

5,000 3d Ave. KE. 78, due "90 96
3,000 Central Trust Co. cert if.
for Danv. Ur. Bloom.
& Pekin EE. 1st iiiort.
bonds, Oct. 1, 1874,
coupona on
33%
2,000 Cent. Trust Co. eertit.
for Indianap. Bloom.
& West. EK. 1st moit.
bonds, Oct. 1, 1m74,
coupons on
22

prices ot leading State
and the range since Jan.

past,

Louisiana consols
Missouri 6s, '89 or '90

Liabilities,

United States dcposita;;;:;;;;

Aug.

27.

Closing prices of securities in London have been as follows:

North Carolina 6s, old
Tennessee 6s, old

?7'or!^'??p
l'''!v-?'?7"

;

*

46,1.53,409

12,232;316

610,084
29.251,469
Legal tender notes
71,043,402
United States ccrttfleaf ea of deposit for
iegal-tcud4rnotcs
i<-u"ei uoies.
36,905,000
Five per cent redemption fund
15,045,757
Due from United States Treasurer.'.".'.'.".'.'.'.".".'".'.'.".'.".';.'.'.';
1,7.52,909
^"'"^
.$1,750,464,706
,

Aug.

26.

reg.
6a, 1881
coup.
68, 1881
6s, 5-20.S, 1865... reg.
6s, 5-20S, 1865 .coup.
6s, 5-20S, 1867... reg.
6s, 5-20S, 1867 .coup.
6s, 5-20S, 1868...reg.
6s, 5-20s,1863 .coup.
leg.
5a, 10-40S
coup.
58, 10-40e
5a, fund., 1881. ..reg.
5a, fund,, 1881.. coup.
4I2S, 1891
reg.
eoiip.
4>2a, 1891
4s, 1907
reg.
4s, 1907
coup.
Oa.eur'cy, '9.5-99. reg.!

4i'r.i2'«42
?i'S:;i'5??

Sliecie

•*

Aug.

24.

and Railroad Bonds for two
1, 1878, have been as follows;

Aug.

Aug.

23.

30.

Bangc since Jan.
Lowest.

78 873'o33

STioSoi-

y.
^
,
..
Capital
stock paid in
Surplus fund.:..
Other undivided proflti". ".".'.".".". •..;".•..
Nation.al banknotes outstanding..
fitate bank notes outstanding. ...
Dividends unpaid....
Individual deposits

Aug.

Period

Seo'ooo

40 490 000

4,718,618
7,335,454
^^ v^<i'^r

Premiums paid

Checks and other cash

2.8

Interest

1,

'-lifl
73
69% June 8 83
102=8 10212 IO212 Aug. 23 108
*15
16:4 13
Mch. 29 18
*33
*35
33i3Jau. 4 39=8
'721s »70
*28i2
July 31 30
"80% 80
Apr. 12 85

Central of N. J. lat conaol
Central Pacific 1st, 6a, gold..
Chic. Burl. & Q. con.aol8 7s.

1878.

Highest.

eiUMeh. 4 90

Feb. 11

June 22

May
May

25
14

July 16

June 10

JulvU

IOOI4 105V8 103=8 Jan. 15 108=8 Jniie 28
II3I4 113i2!l09 Jau. 2 11312 June 15
Chic. & Northwest. ep.,gold.
99I4
99
Ol'sJan. 14 lOSUMav 31
Chie. M.& St. P. cons. s. f. 7s.
*95i2
OS's 9118 Jan. 5 102% May 23
Chic. E. I. & Pac. 63, 1917... *10S»8 108 12 106
Jan. 6 llOL, Juue23
Eric 1st, 7s. extended
•115
110 Jau. 7 116'4JuIv 8
Lake S. & M. S. lat cons., cp. *1U
112 109 Jau. 10 II214 Mav 27
Michigan Central consol. 78.. 112
IO518 Jan, 5 II214 Aug. 24
Morris & Esae.x 1st luort
'118
118
llSifiJan. 5 120
Apr. 29
N. Y. Cent. & Hud. Ist.cp.... 118
117 118 Jan. 7 122 June 26
Ohio & Miss. cona. sink, id
'98
'9812 95^8 Feb. 20 10218 June 27
Pitts. Ft. Wayne* Chic. 1st.. 119
-118
118 Feb 8 I2H2 Junel3
St. Louis & Iron Mt. 1st
IO3I2 103 Apr. 5 101)38 Mav 24
103
Union Paciflc 1st, 6s, gold
106
105=8 103=8 Jan. 7 10S=8 Juiie28
do
ainking fiind
n03is 104
9238 Mch. 6ll03i4July 9
" This is the price bid ; no sale
was made at the Board.
.

I

m

Railroad and MIscellancou. stock«._The

stock market

has been without animation or feature of special importance.
Ihe general tendency of prices during thejiast few days has been
towards lower figures, and on a small business the market showed
this afternoon the lowest prices of the week
on several of the
Leading stocks— mainly on the trunk lines and granger stocks,
llie absence of many brokers
and operators from the city
undoubtedly has something to do with the drooping and sluggish
market, as the situation for business is thus far remarkably good
and the grain movement has lately been of immense vol'ume—
and on the trunk lines at advanced prices. When business men
return to the city, after September
1, a more active campaign is
looked for. The Farmers' Loan and Trust Company gives notice
to the Erie stockliolders that
the assessment upon the common
and preferred stock of said company must be paid on or before
the 31st day of October next.
The daily highest and lowest prices have been as follows:

I

.

AC0U8T

.

THE CHRONKJLE.

1878.]

31,

r,i„r.

Moniltr,

I

I

Tuo«t>r, W«dn'«fir ThiiruUr.

marki't l« vorj- unsiettlcil. Binl, fio fiir.M tin- linm«-<llatn fuiurc Is
concprnpd, there ar« cprtnlnly mi hoiM^fiil or ridrriiilii^ f<-ntur«»
to be neon,
'i liroiif^hoiit tlir- i-nrllcr port of
\Ve<lni'wliiy thn trndencj- of bar nllvcr wn,^ (Iccidcdiv weaker, and after the allotment
of Inilia Council blllN, nlthouf^h no trannactlonH were rerordMl,
the ninrket continued dull, and at the rloae the price of allrer
wa.s nominally quoted nt r^^(\. p,.r oance."
The ran^e of jtold and cloarinjra and balances were an follows:

U. I.* I'll
Scl.A ll.C'ai.

C'.

i>cl.L*ck.dc

219

'

;rl«

[aa.

•

St..

Qttotntlium.

''^

•*?,

.

Open Low. High
I

Balanem.

Oold
C'lo*.

Clenrlug*.

Camrncy

Oold.
I

lOOis'lOOis looi-jiiooia
100 l-j 100 1.2 1001-2 100 13
lOOi-j lOOHs looKi 10013
1001a lOOia 10()i.j i(H)ia
100 ij 100 la' lOON lOOi,
100!>g lOOia: 100=81 1005»

$0,241,000 «1,524.0!H $1,630,614
,4,058,000
517,497
9,554,000
003,000
910.167
7,062,000 1,407,171 \,r>o\.i>:n
7.462,000 1,708,3.V) 1,807. ].">.%
7,032,000
800,000
80i,.'>62

I.

4X

do

lOOi-j 100is'l00"s 100% $42,020,000
lOOOg IOOI2 100»« 100««
40,612,000
8Ve Jan. l[1027s 100iti'10273|l00iig

4UW

4U
47

'4«
'88

M-l
'NX

now

18

la

I'HH

|iref.;'!)4

Sll

1''34

aim lukod uo sale was mode at the Board
Total sales this week and the range in prices since Jan. 1, 1877,

• Tliew itrc the pricoa blu

were a»

;

follows:
Jan.

SalcR of

1,

1878, to date.

Whole year
1877.

Week.

N.J

Central of

2,700

Chic. Burl. it Qulncy
Cbie. Mil. &!St. P..

do

tlo

ChieaifO

&

66,3i)0

i>ref.

Nortliw.

Uit

(In

41,310
62,570
7.510

.

ni-ef.

Chic. Hncklsl.&Vac.
Del. A- IIiiiIkuii f:itinl
Del. Ijuk. A Wosteru
Krle
Hannibal & St. Jo. ..

do

do

4,4.S1

53.370
21,411)

5.810
4.5tiO

i)ref.

Illinoin Central

1,300

Ijiko Hliore
Miclil);an reiitral
Morri-* A Ei*,<e.x

C3.«3'^
7,5<il

4,202
4,413
3,700
4,170

N. Y. IViit.AHud. R.
OhioiS: Mississimd...

PaoilloMail

8

I'aiiaiiia

Wat.asli
Inioii Paf illc
\Vi--!.ni Viiion Tel..
Ailam.s E.xpre.ss
AiuiTicaii Kxprcsa
I'tiited I^tutesE.vp..
Well.i. FarBodt Co..
.

7,620
22,910
32,700
170
381

475
5

Quicksilver

The

100
pref

ilo

1,:125

4514 July 11
Feb. 28 11434 July 15
Aug. 30 54'sJuly 8
65 Aug. 13 8 434 July 9
32J3 Aug. 10 5514 Apr. 17
5984 Feb. a 791-2 July 11
OS-TsJau. 15 1191-2 Juno 7
Irt
.Ian.
5 39 M July 10
40%JIeb. 5 Ol'a July 10
7''8 Jan.
5 18-\ July 31
10 Feb. 28 133j Apr. 16
21 Sfi Feb.
3434 Aug. 30
723a Fob. 14 87 July 11
69 14 Apr. 13
3.'>''a June29
5'^HrJan. H 72«8Apr. 18
6738 Feb. 28 89 June 10
10334 Feb. 11 112 June 11
6 3i June 29 III4 Apr. 15
1458 June 21 23^8 Jan. 16
112 Jan. 5 131 Feb. 23
1218 June 26 2038 Apr. 5
6114 July 31 73 Meh. 20
7314 F';b. 13 95% July 22
98 Jan. 8 108 Aug. 17
46 Aug. r 521a May 8
44 Aug. ; 5131 Feb. 25
82i£jan.
95 June 5
12 Aug. 21 19% Feb 25
29% Fel>. 5 37 June 13

Low. High.

,

'

9i)»4

94

28%

11
4078
13

';

llS's
7314
4378

82I2 IO513
251s 7410
3078 77
458 15
7
IT'17
3378
401s 79
7333
45
3553 74I4
5114 92 Si
8314 109 14
21s 1138
1278 26I4

AUG. 30.

130

73
56
8458
91
105
43 14 6OI4

KARNINYJ.S.

Ateh. Tu|i. * 8. F.3d «k
i tft. Wc.st...June
Atlantic Miss.AO.Julv
Bui-, c. Rap. & N.3tl \vk

Aug $117„500

.

59%

4.86 'S4.B7
4.85is«4.86ia

(francs)

Amsterdam

3 5.1678
3978® 40
94I2® 94%

Bremen (reichmarks)

9412®
941-2 3

New

CUy Banks— The following

Ifork

Loans aud
S

New York
Manhattan

,

Co....

Merchints'

8,000,0C0
50,000
a,0u0.000
2,0u0.000
1,300,000
3,'

.

.

.

!

.

<

.

I

.

WUver

Fir-t Natiocal...

is quoted in London at 5'^id. per ounce.
The Timet of
that city, in its financial article, says respecting silver: "AltogWher the present position of Eastern exchanges and the silver

9519

9314 a

OS la

9314®

951s

statement shows the

900,000

Third National.. 1,00 '.OCO
SOn.WO
N. Y. Nat. Exch.

Specie, Tenders.

$

t
9,10;),000

5,2 9,000

7,011,400
6,665,500
8,490,000
6,818.30-0

2,186,000
8,661,300
3,115,80)
l.-Ml.SOO
9,641.800
3,4 5.500

3,M2,000
l,:ilS,LO0

1,406,100

l,'255,O0O
2'Ji,000

2,56'',3)0
1.555,-i(X>

1,173,000
3,614.-1(X)

873.S00
807,91)0

11.8,800

979,.00
211,600
762,600 2,210.600
181,800
66B,'200
1 2,000
64J,fc00
»8,000
15.3,000
247.0.10

8H2.30a

lUtTD

2,2 8,700

3i9,100

161,200
431,100

8
8,318..300
4,640.-200

7,532,400
5,518.500
3,(33,700
7,666,600
S,0.19,C00

week

1.831000

414,1300
'260.000

155..';00

18,4i,-,ri00

4,8T4,500

2'J,'*)0

71-,10ii

3.252. 100

3,:«a.'200

19J.;C0
19 9iX)
i87,:co

5t4,7..0
t'2:,7.0

2.969.U0

5,U5-<.500

l,9ir,roo
12,986.000
1,506,000
2,1183.800

^,314,200
1.9:0,900
3. US,lk\)
8.302,200
3.563 400
1,895,800
2,016,000
15,9i6,!10ii

10,448.500
6:».70O
555,400
670,900
; 89,000
317.000
13,215,«)0
7 012,000
l,9:O,0W)
3,894,1(10
7,5'J3,7C0

23,300
1,106,900
1,115.600

4.

eu.ooo
102,c00
34,900
437,000
69.900
55,900
81.200
80,500
29.i,M)0

103.300
11,

wa

33.I.SOO

800,900
575,S0U
159,100
3-5,000
341.100
t4U.8uJ
160,00)
87e,U0 1

20.100
9r,ioo
917,900 4,W*,000
321,400 8,0C3,3(X)
115.000
22,500
•
2.100
118.000
S8.S00
187,; 00
83,600
40.3

:6O,2C0

531,2«0

513,900
I,45J.OlO
2.420.100

287,800
173.10)
l,ai2,iO0
481,400
2,297,100

l-2i,0C-0

1,105
829,000

2,96'2,314l

9ri,->00

6-9,-JCO

)68,ao

2.117,000
948,C00
1,043,000
752,000
2,099.800
848.500
1.738.400

358,1110

43-,2(M

«
40.000
7.500
»5,300

1,508.300

931,000
t36,800

16:1.100
«0.3l'0

tion.

9.830,>i«)

1.6 2,200

J,:T9,400
s,s»7,ua)
2.8 3.>00
1,250.700
i,6>9,9ao

arcal*.

4,107,100

I2,83ll,l)(0

8.8W.O0O
1.'.

190.400

2,079,1(10
1,65I,1(X)
s,>f.5,2ro

1,1»7,:0)
1,424. iOO
4,616,0
1,951,400
10,180.000
1,521.300
1,840.41)0

1,:40.SOO
891,300
S.3;4,0(!0

2.0«,SOO
2,601.500
I. 106 100
l,^51.000
19,293,200
12,198,400
4-7,300
44),»00
75«,7W)

196,000
2,700
276.700
31,600
45.000
198,000
1,760.100
883.600
178,600

4S0.000
393,(00
5,400
447.5r«

saioo
2,213,000
2i9,«oa
8,900

2M.eoo
*7«,100
058,900
4.700
790,400

348,000
1,099,800

940,000
80U,l00

yo,4
3™,II0

8\S00

99,2.10

11.1«'.,W)
6,401,000
I.9*>,0C0

1,0«.J0,I

3SA000

2,913,900
l,i:6,0iW
52 .000

1M.800

7I'2.50U

S.ii\lMt

t«,700

I.SM.f«)

1.817,0
8,714. tCO
167,100

22^.000
817.700

».9>4,Kfl
t,t»«.89u
719,903
78<,0I»
1,199,100

SJS.lO.!

t02S,M0

1.900

726

59.)

1.39S.S00

21,900
10,000

430.00J

750.000

1,126,400
1,915,100

isj.'ooo

H«io^

m^\,aOi

l:i.66i,S(»

Total

1.7ii.%100

4 If ,000
2,61»),0,0

Bowery National.*

0,f.0)

638,400

S4,0(»1

8:7.000

Deposits.

s

2,117,100
472,900
751,9;0
2i4,t00
281,400

New York County
German .\meric'n

2

Net

Legal

Capital. Discounts.

BA.XE3.

.

at the close is 100}.
cent for borrowing.

93143

:

.

The Cold Market.-The price of gold
On gold loans the rates were 3 to 1 per

94%
94%
94%

941431

condition of the Associated Banks of New York City for the
ending at the commencement of business on Aug. 24, 1878

301,236
127,441
23,739

.

5.18i«»5.15
S.lS'saS.lS
5.17»8S5.15
40is3 4014
9514® 93" 13

5.'20

$75,425 $2,171,883 $1,409,963 Mechanics'
312,828
Union
"""
'
3.000,0.:0
133,404
839,251
889,522 America
Aug
1,OX).000
26,711
952,483
506,196 Phoeoix
Burl. & Mo.lt.iu N.June
90,.59O
1,000 OOJ
70,663
735,081
413.33l> City
Cairf> A St. lj)Uls.Julv
l.'OO.OilO
Trad.smen's
18.359
15,141
138,8-<2
121,716
Central Pacitlc.July
6X(,00fl
Fulton
1,517,(X)0 1,391,'867 9,400.3(!3 9,230.372
Chicagii.fe Alt(m..3a wk Aug 143.074
.-iOOOOO
..
121,913 2.8S1.404 2,710.033 Chemlc&l..
Cliic. Burl, it Q.
June
897,090 957,734 6,417,791 5,472,048 Merchants' Exch. 1,000,000
Chic. A! Kant. IU..lstTCkAug
1,500,ODO
Galhuin
National
21.326
15,701
Chk-. Mil. & St. P. 3d wk Aug 113,000
144,104 5,251,000 3,904,401 Butchcrs'iDrov. bflO.iOO
<liic. R. I. it Pac.June
Mechanics' & Tr»
600.000
568,217 536,235
Cicv. Mt. V. & IJ.lRt wk Aug
6,227
6,739
214,993
217,123 Greenwich .. .. 200,C00
J laknta Southern Jiuie
Mannf're
»00,(X)0
Leather
17,386
17,692
103,730
83,410
Di-nv. I.V Rio <i...;til wk Aug
300,nO(i
28,700
19,410
645,894
435,7.36 Seventh Ward..
Dinroit & Mihv...July....
518,312
451,240 State of N. York. 800,000
lnil>uquc&S.City.3il wk Aug
16,090
.594,443
468,831 American Exch.. 5,000.000
22i603
Krie
5,000,000
May.
1,172,961 1,234,095 5,872.677 5,777.702 Commerce
lial. H. &S. Aut..June
1,000,000
83,058
53,121
529,033
423.432 Broad w.ny
-Grand Rnp.& Ind.Jimo
Mercantile
1,000,000
93,263
86,483
574,300
517,:i67
Grand Trunk. Wk.eud.Aug.l7 160,275 171,740 5,375,288 5,488,239 Pacitle
4'J2,70O
Gr't Western Wk.end.Aug.23
Republic
1,100,000
90,793
79,752 2,862,727 2,612,580
111. Cent. (III. line). Jnlv
450,000
460,698 381,373 2,912,369 2,536,12» Cliatratn
412,SOi)
Uo Iowa lines. July
106,0.59
92,713
834,823
692,086 People's
do .Siuiiigf.div.Julv .. ..
700,000
North America..
23,106
111,477
ludlauap. Bl. AW. 3d wk Aug
1,' O),n00
Hanover
31,:}29
31,018
795,904
756,223
III .V (if. North. .2d wk Aug
500,00c
24.701
23,081
725,384
793,208 Irving
K
-1^ Pacitle.. .3dwk Aug
89.097
02,921 2,028,552 1,834,549 Metropolitan. .. 3,000.000
:i" Kins. &Tex.2d wk Aug
Citizens'
600,000
58.806
70,144
l.Om.noO
.•I
A- Ohio
Julv -05,076
96,932 l,632,i'l6
023,781 Nassan
l.iX)0,000
Market
h.A St.L.July
112,702 131,646
934,675
942,640
I'll A Klizabctht.lstwkAug
St. Nicholas
1,000,0)0
5,838
5,669
and uealhcr l.llOO.iO)
lu.l. .V .Mciniihl»..l«twkAug
3,730
4,529
119,277
106,416 Shoe Exchange.. 1,000,000
l';u.
Corn
,v Erie
July
214,081 163,501 1,473,733 1,353,360
),-2J0.OH0
I'iiii.i. \ Reading. July
087.721 1,089,641 6,658,147 7,483.134 Contineuial
Oriental
800,000
St.L.A.iT.11. (Iurt);id wk Aug
11.030
11,6;
288,489
302,.307
40).000
Marine
8t. L. Iron .Mt. ,*: S.:!d wk Aug
96.000
94,687 2,440,778 2,483,864 Importcrs'itTrad l,50O,0CO
«. L. K. C. A No. .3d wk Aug 82.235
80,837 1,970,269 1,821,694 Park
2,000,OX)
StL&8.E.(St.L.)lstwkAng
15.339
12,918
353,874
332,327 Mech. Bkg. Ass'n 500.001
do
(Ken.).l«twkAug
9.444
11,401
201. .507
189,312 Grocers'
800,OuO
(Toun.l.lstwkAug
.1.481
_^ do
3,469
98,933
85,119 Sorih River
240.000
St. Paul & 8. City July .... ..
47,720
40,597
332,833
248,337 East Kiver .... 25i),000
Scioto Vallev
July
28,176
145,890
Manuf'rs'
Mer.
lUO.OOO
A
4Mou.xClty&"St. P.July
27.520
21,648
207,284
13i',.V7'(!
Fuurth National. 3.5 0,000
Soutliom Minn. ..July
63.201
46,951
427,184
254,804 Central National. S,00fi,W0
ToL Peoria it War. 3d wk Aug
3.3.110
31,820
801,439
000,743 Second National
SOO.fOc)
Wabaah
.3d wk Aug 137.397
115,020 2,933,717 2,703,36)* Ninth National.. 75i,t'00
BnlonPacilie
Jimo
.1,154,232 l,loi;699
A!l.

4.87i4»4.87%

4.81>s34.82>a
4.81 ®4.82
5.20'8a5.1678
5.20»8a5.16'3

Berlin (reichmarks)

90
13
24
197« 43

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

Good comnieroial
Documentary commercial

(guilders)
iflaraburg (rciehmarks)
Fruaikfoit (rciehmarks)

81

3 days.

4.87%94 88>«

Antwerp

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
columas under the heading "Jan. 1 to latest date" furnish the
trross earnings from Jan. 1 to, and including, the period men"ioned in the second column.

— Latest earnings reported
Week or Mo. 1878.
1877.

60 days.

Swiss (francs)

latest railroad

.

The im-

variable.

Prime bankers' sterling bilLs on London. 4.831434.34
Good bankers' and prime coiuinerclal... 4.S2%34.83i4
Paris (irancs)

5934

36

—
—
—
—
—
—
—

—
—
—
—
—
—
—

porters of bonds have been the chief purchasers, and as soon as
their demand was sup])Iied, there was no further sale for bills
worth mentioning. The commercial bills arising from the heavy
produce shipments have supplied all that bankers wanted to
make g<K)d their own drawing. A.sking rates are 4"84 for bankers' 60 days' sterling, and 488.1 for demand, with a concession of
i to J of a point on actual transactions.
Quotations for foreign exchange are as follows:

42%

37% 69 Hi

80

$836,126

Tlie following are quotations in gold for varisus coins:
Sovereigns
$4 83 ®$t 89
Dimes dc >a dimes.
94 9
Napoleons
3 8S a 3 90
Silver >4<i and >as.
OhW* f»x%
X X Reiohiuarks. 4 75 ® 4 80 Five frunrs
90 »
02
X Guilders
3 90 « 4 10
Mexican dollars..
80 -9
eo
Span'h Doubloons. 15 63 -a 15 90
KngllMh sliver
4 75 9 4 85
Mex. Doubloons. .15 45 1115 60
Prns. sllv. thalors.
68 »
7(»
Flncsilvcr bars .. 114 ® 114% Tnule dollars
98 «
98 >t
Fine gold bars...
par. 9 i^prem. New silver dullan
997g3
par

Exchanse. — Foreign exchange has been

37%

13>s.Tan.

80.5
dfi.O-J.'J

.

Highest.

Lowest.

Shares.

$831,264

,361.000
24S,O0O
45.I.C0

TW.0OO
2C?.0oa

tO,C0Q
180,000

U,05»,aoo lU,OJ8,aOO 1»,M6,«0J

—

F
J

.

F

J

.

.

THE CHRONICLE

220

"

[Vol. XXVII.

GENERAL QUOTATIONS OF STOCKS AND BONDS.
wliatever tlie par may be otUor qiiotatiom are fi-e iiKMitly luarle per slia^'e.
Quotations In
" .M.," for mortgage; "g.,"forgoW; " g'd," for guaranteed "oiia.," for endorsed; "eons.,
viz.:
often
used,
are
abbrevintlous
following
The
" s. f.," for sinking fund " 1. g.," for land grant.
for consolidated; "conv.," for convertible;
from other cities, to late mail dates.
Thursday
to
are
York
New
In
Quotations
Subscribers wUl confer a flnvor by siving notice of any error discovered In tUese ^notations.

New York represent the per cent value,

;

;

;

;

68,5-208,1868
68,5-208.1868
58, lO-JOs
5s, 10-408

ifi

1881
1881

5s, funded,
5s, funded,
4>ss, 1891

i

COUP..Q— -M 101% lOl's
100% lOO's
100% 100''8
100% look's

4188,1891

reg
48, 1907
coup
48, 1907
coup
4s, small
6s, Cm-rcucy, 1895-'99..reg..J

i
STATE SECURITIES.

J 119'8

120

&

&

10
J
J

88 of 181)2-93
28 of 19(Hi, funded "A"
5s of 1906, fimded, RE. "

&

&

9
J
J

B"

Clas8"C"
Arkansas— 6s, fimded, 1899

&J
7s, L. K. & Ft. 8. issue, 1900. A & O
&O
78, Memphis & L. R., 1899.
78,L. R. P.B.&N.O., 1900..A&O
7s, Miss. O. & R. Riv., 1900 A & O
78, Ark. Central RR., 1900. A & O
..J
..-V

.

.

Levee of 1872
California— 68, 1874
Connecticut— 58
7e,

20
43
70
46
21

44

6s.

IO6I2

HOI2
'85"

1894

1888.

i-j

—

M&N

'

I

1

i

I

J&J

68, old
C. RR.,
68,
do
68.

N

70
70
50
50

1868,1898A&0

9
9

1883-5

do

coup, off
='',.''''„ coup, off
6s, Funding act of 1866, 1900 J&J
t)8,

<;»'

,

<lo

68, new bonds, 1892-8
J&j
68.
dp
68, special tax, class 1,1898-9A&0
6b,
do
class 2
68.
do
class 3

A&O 8»9
A&O 2
A&O
J %j 104
J&J 106

OMo-68,1881

104
101
113
107

F&A

.'.'

68,
6«,

^lnding act,

Laud a,

6«,Land
•

isco'.".'.

.A&O
.J&J
.J&J
A&O

'89
C..1889::;::::::::;

27>a

30
41
41

Price nominal ; no late transactiona.

M&N

.

.

M&N

&D

.

I7ifl

M&N
M&N

O—

10
10
»Vi

2%
2I2

68,1886
Pennsylvania— .58, gold, '7'7-8.F&A' 100 104
58, cur., reg., 187<-'82
F& A* 100
58, new, reg., 1892-1902.
.F&A Hl»9 112
68. 10-15, reg., 1877-'82..
104 104 >s
68, 15-25, reg., 188-2-'92.
.P& A 109% IIOI4
Rhode Island— 6s, 1882
..M&St 105 106
68,1894
...F&A 110
Sontb Carolina—Os
.J&J 28
6«.
. .

J&J

.

15

Hh

i

t

m"

A&O
J&J
A&O
...J & J
A&O
J&J
A&O

J

I

J&J
J&J

.

. .

|

1

107
100

—

I

i

...J & J 101
68,1883
...J & J 104
78,1890
..M&N 110
Minnesota— 7s, RR. repudiated
Missouri— 6s, 1878
J & jl ibo
Funding bonds, 1894-95
104
Long bonds, '89-90
102
Asyhim or University. 1892. J & J 103 13
[Cannibal & St. Jo., I886.
J & J 10258
''o
„„'*'',
1887.. ..J & J 1021-2
N. Hampshire— Os, 1892-1905. .J&J 112%
War loan, 6s, 1SS4
M&S IOOI3
New Jersey—Os, 1897-1903.. ..J&J'i 106
68, exempt, 1877-1890
J&J 106
New York— 6s, Canal loan, '78. .J&J
6s, gold, veg., 1887
J & j
Os, gold, coup. ,1887
113
Os, gold, 1883
J & J
6s, gold, 1H91
J & J 120
6s, gold, 1892
120
6s^ gold, 1893.....
I'M
H. Carolina— Os, old, 1968-'98..J&J 15
. .

I

1

M&N 105
...A&o; 104

Michigan— 6s, 1878-79

.

A&O

Q—
Q—

do

—

1

j

6s, exempt, 1887
J&jt 11(114 llli-j!
68, Ho.spital, 1882-87
J&Jtl 108»2i 113
6s, 1890
j! 108
IIII2
5s. 1880-'90
105
J| 101
Massachusetts— 5s, 1880, gold J&J 103 IO3I41
58, gold, 18S3
JA;Ji 105
IO5I2
5s, gold, 189 1
Var. t| IIOI4! 110%!
5s, g., sterling, 1891
J&J; 104 100

do

1

t

—

do
do

.

,

j

\&0

I

!

!

100 101%
J ifc J 108 108%
lOOia 107
Q— 107
8s, "76, '80
109
112
Illinois— Os, coupon, 1879... .J A J IOII3
War loan. 1S80
J & J 103
Kansa.*— 78. '70 to '99
J&Jt
"Kentucky 6s
ib'iia
Louisiana^Old boud8,fuudable.Var. 50
88, non-fundablc
Var. no
New consol. 78, 1914
J & J 72% 72 >4
Maine— Bounty, 6s, 1880
F&\ 103 "a 104
War debts .issumcd, 08,'89.A& 01 112% 113
War loan, 6s, 1883
M&.? lOOJa 107
Marjland—6s, defence, 18y3..JitjT 1 OS 1-2 111

.

A&O

:

108
J

9%' 80
81

....

104 10513
J&J 107 1 10
3314 3414
98 ,1001a
Fund. Idiin (Cong.)6s,g.,"92Var. 104 1051a
33
34
FiiiHl. l(iaii(I,e,g.)Os,g., 1902Var. 104
102 103
106
llOia 111
East Saginaw, Jlich.— 8s
Elizabeth, N. J.—7s, short
112 115
t
'78"'i""85"
102
101
7s, funded, 1880-1905
Var. 78
80
7s, emisol., 1885-98
70
80
Fall River, Mass.— Os, 1904.. .F& Al 109% 110
20
5s, 1894. gold
21
F&At 103 1IO3I3
Fitchburg, Mass.— Os. '91,W.L. J&Jt IO9I3 110
50
Fredericksburg, Va.— 78
M&N 104
29
jGalveston, Tex.— 10s, '80-'95 ..Var,
4% '"Shi Galvcst'n County,10s, 1901.J & J
68, deferred bonds
(iedigetown, D.C.— See Dist. of Col
CITV SECURITIES.
Ilarrisburg, Pa. Os, coupon... Var.' 10013,108
100
Hiirttiird, Ct.— City Os, various
Various 103
104 !l07
Albany, N. Y.— Os, long
Capitol, untax, Os
Various 105
114 116
7s
Hartfttrd Town bonds, Os. untax .t 102
J&J
lOSij
Allegheny, Pa. Is
Haverliill, Mass.—Os, '83-89.. A&Ot lOOia lOTij
J&J
Os, 187G-'90
Houston, Tex.— 10s
J&J*
Wharf 7s, 1880
tJs, fuiub'd
J&J* 100
AUeghciiy Co., 5s
17
20
93
Indianapolis. Ind.—7-30s,'93-99. J&J
96
Atlanta, Ga.— 78.
102 104
Jersey City—
Do. 88
90 101
Waterworks...
Os, water, long, 1895
101
102
1899-1902
Augusta, Jfe.- 6s, 1887, mim..F&A1 103% 1041a
7s,
do
1071a IO8I3
Various 97
100
Augusta, Ga— 7s
78, sewerage, 1878-'79
J & J 100 101
100 102
Austin, Texas 108
7s, assessnient, '78-79. J & J-M& N 100
101
Baltimore
78, iniprovement, 1891-'u4
Var. 100 iji 107'j
Q— 106 108
7s, Bergen, long
68, City Hall, 1884
J & J 103 106
109
Hudson County, Os
6s, Pitts. & Con'v. RR.,1886. .T&J 107
A&O 102 103
6s, consol., 1890
Q— 109% 110
do
7S.M&8audJ&D 107 108
6s, Bait. & O. loan, 1890
Q—Ji 109% 110
Bayoime City, 7s, long
J&J 100 101
6s, Park, 1890
Q-M 109% 110 Lawrence, Mass.— Os, 1894. .-A& Otl 110 llOH
96ig
6s, bounty, 1893
M & S 110 113 Long Island Ci ty, N. Y
do
6s,
excmpt,1893...M&S 113 110 i.,oiiisville, Ky.— 78, longdates. Vav.t 102 105
J&Jil04i4 103
5s, funding, 1894
7s, short dates
Var. 98
99
6s, 1900
J&J 109 111
Os, long
Var.t 95
97
6s, West. Md. BR., 1902 .... J&J 110
Os, short
Var.f 93
97
5s, consol, 1885
6—J 100
Lowell. Mass.—Os, 1894
M&Nt 110 IIOI4
IO7I2, 109
Os, Valley RR., 1880
Lynchburg, Va. 6s
J & J 95
97
5s, new 1910
105 1051a
8s
111
J & J 108
Bangor. Me.— 6s,BR.,1890-'94.Var.f 102
IO214' Lj-nn, Mass,- 6a, 1887
F&At 107 108
Os, water, 1905
J&JI lOOia 10034' Witter loan, 1894-96
J&J IIOI4 110%
Os, E.& N.A. Railroad, 1894..J&Jtil02
IO214
3s, 1882
M&Nt 101 102
10-' I4 Macon, Ga. 7s
Os. B. & Piscatafiuis RR.,'99.A&0 i 102
03
75
Bath, Me.— (is, railroad aid
Var 100 101
Jlaiu-hcster, N. H.— 58, 1882-'85.
t 101
102
5s, 1897. iniinicipal
98
100
Os, 1894
t 109 1-2 110
Belfast, Me.— Os, railroad aid. '98..«!l00
101
Memphis, Tenn.—Os, old, C...J & J 35
40
Boston.Masa.— e8,cur,long.l905Vartlll5
110
6s, new, A & B
J & J 33
38
Os, ciu'rencv. .short, 1880
Var.l 103i« 103%
Os, gold, fund., 1900
35
45
5s, gold, 1905
Var.t llOi-.: 111
Os, cnd.,M. &C. RR
35
38
Sterling, 5s, gold, 1893
A&O ; 100
0.S, consttls
J&J 58
65
do
5s,gold, 1899
J&J! 105 107
Milwaukee, Wis.- 5s, 1891.... J & D 9312 99
do
5s, gold, 1902
A&O 106 108
.8, 1896-1901
Var. IO4I2
Brooklyn, N.Y.— 7s, '77-80.... J & JilOl
100
7s. water, 1902
10s
78,1881-93
J & JilOS 112
Mobile, Ala.— 88
20
J & J
7s, Park, 1915-24
J & j;il7 119
5s
J & J
20
7s, Water, 1903
J & Jill7
119
Os. funded
30
35
78,Brid.ge, 1915
J & j'll7
119
Montgomery, Ala.— 8s.
J & J
"96"'
es,Wat.r, 1902-5
J & JJIOO
109
Nashville, Tenu.— 68, old
80
Os, Park, 1900-1924
J & J]100
109
6s, new
80
90
Kings Co. 7s, 1882-'89
109
112
Newark— 6s, long
Var.
do
6s. lS77-'86
.M&NI105 107
7s, long
Var.
Buffalo. N, Y.— 78, 1870 -'80 ...Var. 100
104
7s, water, long
Var.t
78, 1880-'95
...Var. 103
110
New liedford, Mass.— t!s, 1893.... lllia 112
78, "wat(!r, long
...Var.: 109
111
N. Brunswick. N. J.— 78.
104 13
lo;^
6s, Park, 1920.
.M&S!
103
Ncwburyport, Ma.ss.- Os, 1890
t 1091-2 110
Cambridge, Mass.— 5s, 1 889... A&Ot 1102
1021a N. Haven, Ct.—Town, 6s, Air Line.
100
108
6s, 189 1-90, water loan
J&Ji 112% 113
Town, 6s, war loan
103 105
Camden ("o, N, J.— Os, coup
* 105
do 68, Town Hall
103
105
CainrtiMi City, N. J.— Os, coup
*!l05
Cit.v, 78. sewerage
112
115
7s. rc;.'.;iiidcoup
*H3 lie
do 68, City HiiU
lot
101
Cliai'lcstiiii, S.C— 0s.st'k,'70-98..(J-J
52
54
New
Orleans. La.— Premium bonds. 29
31
7s, tire loan bonds, 1890.... J & J
70
«o
Coii.-^olidated Os, 1892
Var. 30
35
7s, non-tax bonds
92
Raihoad issues, 6s, '75 & '94..Var. 33
3S
Chelsea, Mass.— Os, '97,waterl.F&At 110
lioia
Wharf impr., 7-30s, 1880.. ..J
Chicago, 111.— Os, long dates
lAJt 100
101
New York City—
78, sewerage, 1892-'95
J&JtilOO
lOOia
68, water stock, 1870-80 ...Q-Ft 100
103
7s, water, 1890-'95
J&Jtll08
Os,
1081a
do
1877-79 ...y-Ft 100 103
7s, river impr., 1890-'95
J&JtllOO 106 lal 5s,
do
1890..
.. tJ-Ft 100
102
7s, l890-'95
J&JtaoO 106 lai Os,
do
1883-90.
-Q-F 10;; 106
Cook Co. 7s, 1880
M&Nt!101 102
Os, aqueduct stock,
103 106
do
7», 1892
...M&N 100 lOOia' 7s, pipes and mains,'84-1911..Ci—
1900..M &N 113 118
Lake View Water Loan 78
..t 100
Os, reservoir lionds. 1907-'11.Q—
lOS
109
Lincoln Park 7s
97
99
5s, Cent. Park liouds, '77-98 .. C* -F 101
103
South Park 7s, 1876-'79....j & J 97
99
Os,
'77-95.. (i-F 100
do
108
West Park 7s, 1890
95
97
78, dock bonds, 1901
110
118
Cincinnati,
6s, long., ..
Var t 95
68,
971a
do
1905
107
108
68. short
Var t 98
6s, floating debt stock.1878. .Q—
1011-2 102
7-308
.".!Var.'t.„„
100 i"o"8"
7s, market stock, 1894-97. .M&N 110
117
78
Ynr tlOSia 105
6s, improvem't stock, 1889.
& N 101 105
Southern RR. 7-bOs, 1902. ..J&jt IOII2 102
7s,
do
1879-90.M&N 101 114
do
7-30S, new..
98
t
Os, gold, cons, bonds, 1901. M&NJ 109
111
68, g., 1900. .M&N
87I2
.'}"
t86
Os, street iinpr. stock, 1888.M & N 1021a 105
Hamilton ,.
Co., O., 6s
95
7s,
do
do
'79-S2.M&N
104 107
do
7s, short.". "'t 100
102
Os, gold, new consol., 1896
107 109
long78 &7-30S t;iv.,
!'"„
104 108
„
,
7s, Westchester Co., 1891
100 107
Cleveland,
O.—68.
long
Various, 1102
103
Newton—
113
6s,
1905
112
J&J
30-year 5s
pg
1(X)
5s, 1905
J&,I 102 la 103
6e, short
"various." 100
llKI.is Norfolk, Va.—6s,reg.8tk,'78-85.. J&J
93
Variou8t!l08
109
111
88, coup., 1890-93
?!'S;
...Var. 107
7s,
short..
Variousfil03
106
88, water, 1901
...M&N 110 ,1llli«
Special 7s, 1876-'81
Yearly f 103
105
Norwich, Ct.— 5s, 1907..
...A&OI 1011a 1021a
Columbia, S.C.-Cs. bonds.
35
45
Or.iuge, N. J.— 7s
t 104
iColumbus, Ga.— 7s, Various
.Var 02
67
Oswego, N. Y.— 78
l(»ia lOlifi
Covington. Ky.— 7.308
t 102
la Paterson, N. J.— 78, long
102
100
'.'.".
i.'Viir
8s
t
Petersburg, Va.—Os
98
J&J 93
Dallas, Texas— 8s, 1904
"si's "s's"
106
J&J
108,1883-96
95 100
88, special tax
100
Dayton, O.— 88
i 105
Philadelphia, Pa,—58, rep
I&J* 100
Detroit, Mich.— 78, long
Var.t 105
68, old, reg
J&J 104 108
78, water, long
"....iiVar.f 1091a 111
6s, new, reg
J&J 114 115
.

t....

&d
F&A

Florida— Consol. gold 68
Georgia— 6s
7s, new bonds
78, endorsed
7s, gold bonds

&A

reg

Os, .miar., 1891.... J&J
7s, 1891
Washington— 10-year 6s, '78. .Var.

—

4
4
4
4
4
4

J&J

70
30

Ask.

J&J

73
48
30

g.l05

Delaware— 68

62
35

—

Alabama— 5s and 8s, fundable. .Var. 43
Euf
8s, Mont.
Cliat
88, Ala.

do
Penn. imp.
Perm. imp.

1

&
&
&
&
M &S
M&S
reg.. J & J lOSVt
&
coup. .J & J lOSM
J & J
reg. .J & J 106''8
10s, pcnsl(m, 1894..
J & 1>
Vermont— Os, 1878
coup. .J & J IO7I2
rcg..M& 8 IOOI4 106
Virginia— Os, old, 1880-'95. ...J & J
COHP..M& S 108 34 109
Os, new bonds, 1886-1895... J & J
J&J
100>8 100 14
reg.. Q—
6s, consol., 1905
ex-coup., 1905...J & J
coup.. Q— 100
100% 6s, do
J & J
rcg..Q-M 10358, 103% 68, consol., 2d series

1867
1867

6s, 5-20S,
6s, 5-208,

108
108

Bid.

Columbia—

Consol. 3-05S, 1924, coup.... F

32 la

Var.
6s, non-f iiiidablebouds
J
J
68. consols, 1893
J
Tennessee— Os, old, 1890-98 ..J
J
1890-1900...
J
bonds,
new
08,
J
J
103
Os, new scries, 1914
103
Texas— Os, 1892
105% 7s, gold, 1892-1910
J
J
105.»4
7s, gold, 1904

reg..J & J Il07''8
coup.. J & J 107'b
reg
Called Bonds
coup........
do
reg. J & J 102!^
68, 5-208, 1805, new
6s, 5-20S, 1865, new... coup.. J <fe J 102%

City Securities.

Ask.
Dist.

South Carolina— (Centlnued)—
7s of 1888

VNITED STATES BONDS,
68,1881
6», 1881

Bid.

State Securities.

Ask.

Bid.

United States Bonds.

M

u

1

^

|

:

.

.

t

Purchaser also pays accrued
interest.

t

In Lioudou.

j

———

Avavrr

31.

J

.

J

1

THE (.HKONICLE.

1878.]

221

GENERAL QUOTATIONS OF STOCKS AND BONDS—CojmmrED.
For BxplaaaUous Sea Notes at Head of First Face or Qaotatioaiu
Orrr skcdritim.

Railroad Bonds.

Ask.

Bill.

A«k.

Bid.

BAILMOAD BOWIM.

BIA.

& Mo. R.— L'll M., 7», 03.AAO 112«a 113 Clev. Col. C. A I.— Ist, 7s, '09 MAN lo7^
Cimv. Hh, laoi Hcrli-H
I&J lUSHi 114>«
Consol. mort., 7s, 1911
JAI)
84
120
Hellet. A hid. M.. 7s, 1899. JAJ
05
8.*,
cmiv..
100
1
'93
1883
JAJ
Clov.A
-no
10i>'s
7s.
FAA
80
M.
Vul.-I
St.
g.,
7«.»Ii.il liiip.lTK. '83-80... -Var
Biir.A.HoHtliw.— lHtM.,8«.'i»5.M&N|
12
15
8. F. 2il mort., 7a, 1 876
MAS
JOH
PorllHii.l. .Mi<.-fti, Miiiilclp«I...Vi.r 107
(.'iiiiii.t Ht.!..— l8tM..7», lll0l..\&O
Clev. A Pitts.— 4th.M.,«s,1892.JAJ 104 It
Viir, 10.l»ii 101
Kiii:i..ailiilil
31
lOtiM ('Hirii A Vim-.— 1 «t. 7«. K., 1 OOll.AAO :2o
Consul. H. F., 7s, IIHK)
MAN 112
Portal
111). .V. H.-O.". l-ilKl, HK.. noG
Cilllfiir.
07
100
Pac—
iHt
.M..7«,
K.,'8n.J&J
Clev.Mt.V.ADf^l.— lst,7s,(rold,JAJ 11'27
'"O
r.mil
PoiiKliku i>sli>. N. Y.— 7«. wilier
10()S8
•.!il M.. 08, K„cnd C, Pac, '89.JAJ
83
86
Columlius ext., 7s, Kohl, 1901
f ....
Pri)vi.|.i..i-. K.I.— 5H.K..1U0O a.J&.Ii'
KNten., 78
60
J&J
CoIoradoCcnt.— lst,8s,g.,'90.JAI) 'HOC
J & .1 111
(i«. v:..i.l. lOOO
Camden A Atl.— l8t.78, k.,'93..JAJ 109 »s
Col. Chic. A I.
45 >»
KtlOtI
lat, 7s, 1909. AAO
0^. l-H-,
2d niort., 78, 1879
AAO 104 105" 2d mort., 7», 1890
FAA
JAJ loo's
Rlcliii...ii«l, Vb.-6«
101
(•ani.A Hm-.Co.— l9tM.,08,'97.F&A •99
Chle. vV Gt. East., 1st, 7a.'93-'93.
45
J & J ll*"
8b
74>4 741s
.Canada So.- l8tM.,gnar.,1908,JitJ
Col.A Ind. C, 1st M., 7s, IDOl.JAJ
84
Boclicstor. N.Y.—«8,'7(}-1902.Viir.| 100
Del), ciiitilleatoa
do
2d M., 7a, 1904. MAN •65
«mI.i-. 1003
J & Ji 110 112
•65
trosii
9918
Cape
Cod—
7s.
1881
Un.A
FAA
I.,of;ansp.,lst,7a, 1903.AAU
Mi!.-(iH,'aO-il!l,RR.KAA t08
(Carolina Cent.— l8t, Gs.g., 1923.JAJ
10
35
T. IxiKnnsp. A II., 7a, 1884..PAA
70
30
Cal.— City limiilM, 0.S ..| S'23
C:artlinKO A Burl,- l«t, 8s, '79.MAN' 100% lot's
Cin. A <;hlc. A. I.., 1880-')t0
iiiti Co. honil.i, Oh
B
"99'
Ind. Cent.. 2d M., '10s, 1882. JAJ
'I.1-.1.— Oh, lollK
AitO tlim lll-Tj Cata\vls8a— 1st M., 78, 1882. .FAA
S:.
New mort., 78, 1900
FAA 100 107" Col.A lloek.V.— Ist M., 78, '97.AAO 102
J.Utl02 103
I'Mi, w. L.......
8878 89
IstM., 78, 1880
45 iCedar F. A Mlu.— l8t, 78, 1907. JAJ
JAJ t98
Var.
St. .Ic". i.ii. Mo.— 7a
'91
Cedar
-Mo.1st,
60
R.
A
FAA 'loo's 107
•2dM., 7s, 1892,
78,
JAJ too
Btiil>;i' lOi.. 1801
J iSb J
latinort., 78, 1910
'8615
MAN HOG'S 107 Col. A Tolexlo— lat mort. bonds
8t. I.oiilf>, Mo.—
10,5
of
107
Cent,
(Ja.8t,
eons.,
iCol.Sprlngf.AC.-lst,
78,1901.
--103
1
78, '93. J&J
MAS
Var.,;aoi
Od ciir., lonK boiiiU
Col. A Xenia— Ist M.. 7a,18ftO.MAS ioi"
37
40
101
Cent, of Iowa— 1st M., 78, g
Var. '100
0». uliort...
Conu. APaaaump.— M.,7a,'93.AAO '102%
11041a 105'si Ceutriil of N<;\\' Jersey
Water 08, KoUl, 1887-00... J
FAA 112 113's MassawlppI, g., 6s, goUl, '89 JAJ * '90
do
do (iiuw), 1802.AAO lot's 10.5 'si l8t iiiort., 78, 1890
83
10.5
Conn.
conv,
Val.— 1st M., 7s, 1901 .JAJ" 50
1902
lot's
78,
MAN
'si
's
Brlilire approai'h, G»
li>'s
do aMSOut ort
OS's 701s Conn. West.— lat M., 7a, 1900 JAJ'
Reiicwal, pilil, <>h
Var. 103'2 101»ij
lOSijIlOiio
Connectins
Consol. M., 78, 1899
(Phlla.)— Ist, Ga ..MAS 104
Q—
Sewer. (!.i. tfolil. 1«91 ••i)3....Var.
74
Cuinherl.Val.— lstM.,8s,1901.AAO:^....
104
do
assented
St. I.. Co.— Park, (is, ){.,100j.A A Oi 103
Danb'y A Norwalk— 7b, '80-92. .J.U
lOS
Am. Dock A Imp. Co., 78,'86 JAJ 50
Ciineiiev, 7h, 1887-'8S. ...Var. 104
46
Dan. Ur. Bl. A P.— Ist, 7a, g...AAO
33 >9
87'3 90
do
assented
St. Paul, Minn.— 0«, 88-'00..J A dI
39
L.AW.C'oal, cous.,78,K'd,1900Q-M
601s Dayton A Mich.- Ist M., 78, '81. JAJ
MAN, 100 103
7«. IsTliM)
2d mort., 78, 1887
do
assented
MAS
421s 431s
8.I. lb«'.l!»0
Var. 103
."VAC
Cent. Ohio— l8t M.. Oa, 1890. .MAS
3d mort., 7s, 1888
B. Frail. •iseo—7«, K.,CUy A Co. .Var. K- 100
Day t. A West.— Ist M.,68, 1905. JAJ
65
Cent. Pae.<Cal.)— 1st. Gs,K. -93-8 JAJ lOS'e 106
00
SsvauuHb, lia.— 78, old
Var.;
Ist inort., 78, 1905
J.U
65
State Aid, 78, jr., 1884.
58
JAJl 103is
Var.'
7», new
S.JoiKiiiiii, lst.M.,Os, g.lOOO.AAO
931s Delaware- Mort.,69,g'd, '93. JAJ •104
BomcrvlMo, Ma»«.— Ss, 1895. .AAO '102 102 '2
99
92
Del.A Bound B'k— 1st, 7s,1905FAA
Cal. A Oreifon, lst,(!s, «.,'88.JAJ
JAJ '105 106
6«, IMS.-,
95
Del. Lack.A W.— 2d M., 78, '8 I.MAS 107
Cal. A Or. C.P.Iionds, t).s.K..'92 JAJ J03
AAO HOG'S 107
Gh". l"-**
....
Convertible 78, 1892
IAD]
iMuil Kiaiit M., Gs, «., 1890. AAO
961s
112's
Bpriii!:il.ld, Mass.—68, 1905. .AAO '113
Mort. 78, 1907
MAS ....
78. 1 !lo;i
A AO 1 20 12014 West. Paelf., Ist, Ga, g.. '99. .JAJ 101% 102
DenverPac- lat M.,78, g.,'99.MAN 42
70
73
93
Cliarl'to Col. A A.— lat, 78, '90. JAJ
g.90
Stockton, Cal.— 88
47
Den.ARloG.— l8t,78,g..l900.MAN 62's
Consol., 7s, 1895
100
'98
JAJ 44
Toledo.
7-308, RR., 1900. M A X
Des M. A Ft. D.— Ist. Ga, 1904. JAJ 1!62is
Clieraw A Darl.— Ist M.,8s.'88.AAO 105
8«, 1MT7-89
Var. 104
90
Detroit A Bay
Ist.Ss.l 902.M.VN *35
2d inort., 78
H«. water, 1893 A '94
Var. 105
lat M., 8s, end. M. (;., 1902. MAN *t70
Chesapeake A Ohio
Wadliiii^ron.D.C- »« Dist. of Col.
27
l8t inort., Os, Kold, 1899.... MAN
281s Det.EelRiv.A 111.— M., 8s, '91. .JAJ
Wiliniiiaiou, N.C.— Cs. gold, con. oil
20
Det. L. A North.— l8t,78,1907. AAO tlOO
85
l.at, Gs, g., 1899, ex coup
75
8s, k'oll. (Oil. on
Uetr.AMilw.— IstM., 7a, '75.MANI t45
2d mort.. 78, g. 1902
Worei.stei-. Mass.— Gs. 1892...AAO:'ll',i% 112'3
JAJ
MAN :45
2d mort., 8s, 1875
109
Va. Cent., Ist M., 68, 1880... JAJ 103
Tenhers, N. Y.— Water, 1903
80
Det.APontiac,lstM.,78,'78.JAJ
do
3d M., Os, 1881...JAJ 80
70
do
3d M.. 83, 188G.FAA
do
4th M., 8a, 1 870 ..JAJ 104
RAIIiROAD BONDS.
Dixon Peo.AH.— Ist, 88,'74-8t».JAJ 101
do
fumliiiK, 88, 1877. JAJ 100
DubuqiieA Sioux
l8t.7s,'83.J AJ
37
Clieshire— 08, 189g:
Ala. Ceut.-l8tM..8.s,g., 1901. .JAJ
45
JAJ t99
1st mort., 2d Div., 1894
TAJ
*l».Aniatt.— lst,88,g:,g'd,'99.JAJ
8
G8, 1880
JAJ '100 lOOis
Dimk.A.V.AP.— 1.8t,78,K..1900JAD
20
Chester Val.— lat M.. 78, 1872.MAN *
7e, reeeiver'a certs, (var. Nos.)...
CO
10
Ala. A Teiiii. Riv.— l8t, 78
Chic. A Alton— Ist M.. 7a, '93..JAJi 114is 113131 Dutcliess A Col.— lat. 7s, 1908. JAJ
East Penn.— lat M., 7s. 1888 M AS! 1021a
107
All)'}- .V s„.„|._ist M., 78, '88.. JAJl ioG^ iio'
SterllU'.? iiiort., G8, g., 1903..JAJi:103
E.Tenn.Va.A Ga.— 1st. 7s. 1 ilOO.I A J| 99
2d iii.'it-ii^'e, 78, 188.->
Income, 7a, 1883....
AAO; lOGis
.\AO' 102 -fs 103
85
E. Teiin. A Ga., 1st, Ga.'8ii-s(;..r,v: J
3d iii<.. iira;,'e, 7», 1S81
Chic. B. A Q.— Ist, S.F.,88, '83. JAJ Hi's 112»s
MAN 90
85
112
E.Tenn.A Va.,cnd.,Gs, ISSG .M.vN'
Consul. inort.,7s, 190G
do 7s, 1890
...lAJ '112
AAOj :99 llOl
(70%
Couaol. mort., 78, 1903
.JAJ^ II314 113%! Eastern, Masa.— 3ias, s.,190G.M,<;S
AllegU. Val.— Gen. M.,73-10s..JAJi lorislios
Sterling debs., 6a, g., 1906 M AS, t80
1)2
90
88
Honda, ,5s, 1895
East, cxten. M., 7*, 1910.... AAO
....JAl>i 191
9J
94
Elniira A W'msiiort- Ist, 7s,'30. J A J 103 Is
58, 1901
Inoonie, 7s, end.. 1894
...i&O,
AAO 24 25
AAO! -55
5s, perpetual.
Chic. A Can. So.- Ist, 7s, 1902 AAO
Ark. Cent.— Ist M., 88, g., '91 JAJj
62
63
Erie Railway—
40
Atoh'nA Pikes P.— l«t,e8,g.'95MAN
45
Chic. A East. 111., lat mort. Os,
MAN,
18
22
let mort., 7s, 1897
75
do
Income M., 7s.
Atcb'n A Noll.- l8t,7s, 1907. .MAS
MAS
03
2d mort., 7s, 1879
Chic. A Iowa— Ist M., 8a. 1901.JAJ
Atcli.Top.AH.R— lst,7»,s;.,'99.JAJ 106>2 107
MAS
3d mort., 78, 1883
I>aQd cruiit, 78, )?., 1902
AAO 'loo's lOS^^a Chic. I'aA Neb.— 1st M.,7s.'88.JAJ H03
.\AO
4th mort., 78, 1880
Consul, inort.. 7s, g., 1903. ..\AO '9214 92% Cliic.A L. Huron- lat 7s. '99. .MAN
JAD
5th
mort.,
7s,
1888
195
100
107
Mich.L.Sh.—
land Income, 8s
Chle.A
l8t,8.8,'89..MAS
1071a
JAJ
MAS 109
1890-'92
Sterling, 6s, gold, 1873
9
11
Atl'la A Rieh'd A. 1..— 1st, 8s.. JAJ
30
40
Ist mort., 8.S, 1890-'9;
1st
Var.
PlttnlHir*,',
,1«, Ilk',

Ph.—In,

oouii..l013..J&J
..JAJl

mill coup., 11I13

UO

80

Bur.

tos

82

Biir.AMo.(Nrl).)— liitM..8H, O'l.J&J 1119

102»«|lOjt

To. «iilir.n-K.Acp.,'l>:t--!)H...A.VO

Ask.

.

106

I

C—

M*

I

,

I

IS
SO
85 >a

68
68
75

'

I

I

.

1

!

. . .

&D

.

.

:

ioi"
1031s

100
01
8719

40
106
103
55
•20 >s

107

34 >s

108
100

105

'

O—

45
65

C—

I

25

I

,

,

1

.SO

50

'

C—

.

.

.

.

I

!

I

•

.

.

|

'

----'

.

1

;

Atlantic

A

(it.

l8t mort., 7s, mild. 1902
JAJ
2<1 mort., "a, K., 1!)02
3d mort.. 7». g., 1902
Leased L. rental, 78, g., in02.JAJ
do
do 7s, g.. 1<)03.JAJ
West. ext. certlfa, 88. 1870.. JAJ

{28

MAS

',»

MAN

t5
;43
:17
:26
126

do
do
78, guar. Erie
Giilt-Cona. 7.S, '97. JAJ
Con.sol. M., 7s, end. Sav
Ist iniirtifa}fe,7s,cnd
JAJ
S.iiii.vl-la., l8tM.7a. 1889.MAN

Atlantic

Chic. Mil. A St. Paul—
P.X). l.at mort., 8a, 1898..
P. D., 2d M., 7 3-lOs, 1898

Weatern—

A

87

30

FAA

117

TAJ
1st eons., 78, gold, 1920
Recon. Tr. Cert.s., Os, coups, fund

11814

Debentures, 78, g., 1903 . .Q—
106
.FAA
Recoil, truateea' certs., 78
AChie., 78. g., 1902. .JAJ lot's 102%
Long Dock mort., 78, 1893.. JAD
MU. A St. P.. 2d M., 7s. 1884.AAO lOOis
JAJ 106 106%' Erie A Plttsb.— lat M., 78, '82. JAJ
La. C, Ist M.. 7s, 1803
J.fcJ
Cons, mort,, 7s, 1898
I. A.M., latM., 7s. 1897
JAJ 98%
.VAO
Equipment, 7s, 1890
98% 100
I'a. & Dak., Ist M., 7a, 1899,TAJ
Enrop'n A N.Ain.— l8t, Gs, '89. J.fc,T
98
99
Hast. A Dak., Ist .M.,7a, 1 902.JAJ
MAS!
IjJiidgr.. Gs, g
Chic. A Mil., 1st M., 7a, 1903.JAJ 102 14 103%;
Baugor A Pise. A 78. '99. ..AAO
93^8
Ist mort., consol., 78, 1903.. JAJ

11
G

.

'

.

i

St. P.

48
20
30
30
90

'

li

i

40
88

105
Evansv. A Ci-awf.- l.st, 78, '87. JAJ; 101
48
53
Evan.sv.T.lI.AChi.- 1st, 7a, r.MAN
•84
90
107 14 FlintAPereM.- lat,l.g.8.s,'83.MA.V:
Com. iMMidlioiilera ccrta
.MAN
30
MAN
Cons. S. F.. 8a, 1902
Atl..^ .-r. Law. ^Sf« 2(1, Gs ,!,-,. VAOtlOG
1091%
Flint A HoUv, l3t, 10a, '88. MAS '55
Bald K.i^W. Vul.— l8t.M.,Ga,'§l.JAJ
Exten. mort., 7s, 1885
..FAA 105
BoltiiiKire A Ohio— Gs. 1880...JAJ *100
BavC.A E.Sag.-Ist, 10s„S2.J.tj! 100
.....
103
Ist mort., 78, 1885
..FAA 107 108
99 "s
Hi!»y W. A M.— 1st, Ss. 1!>01.J AJl 60
Oa, 188.-,
99
Consol., gold, 78, cp., 1902 .J AD
AAO *104 100
89
Sterlins;, .5a, 19'27
89
do
do
rej^
IAD' :87
981s 991s Flualilng A N. S.— Ist, 7, '89. .MANi
MANI '
2rtmort.,7s
Sterliiia, Ga, 1893
Iowa Mid., Ist M., 8s, 1900. AAO
MAS ; 108 '110
MAS
Cent. L. I., 1st, 7s, 1902
Sterlinitmort., 6s, K., 1902..MAS ;U)8 aiO
Gal. A Chic, ext., Ist, 7a,'82.PAA io-iJi
MAN]
115
Cent, exten., 78, 1903
do
Gs, ),'., 1910. .MAN .'lOG
108
Peninsula, lat, conv.,78,'98.MAS 110
109
Ft. W. Jack. AS.— Ist. 8s. '89..JAJ|*
Balt.A Pot'c-lst. Ga. K.,19ll.JAJ ;89
Chic. A Mil., lat M., 7a, '98.. JAJ 101!
91
1 St, 78, g.,'89. A AO]^
Ft.W. Muu.A
l8t, tunnel, Gs.s-.g'd, 1911. AAO; '.83
MadiBOU ext., 7s, g., 1911. ..AAO Tf90i4
90
70
Fram'ghani A Lowell— 1st, 78, 1891 t30
Belle*.AS.Ill.— lat,a.P.88,'90.AAO
Menominee ext. 78, g., 1911.JADj V.OGH',
S3
20
5
(notesi, 8.8, 18831
do
Belvldere Del.— lat,68,c., 1902.,TAD 103 lOGMj
I>aC.lr.AP.,lat M.,10a,'78.AAO
87
;85
lst,tf3,R.1910.FAA
A.—
Gal.Har.A
S.
2d mort., 08, 1885
8914
USSisi
103
191.5.MAS
Northw.
Un.,lat,
MAS
104
7a,K..
Is
76
74«s
Gal.Hous.AlE— lat, 78, g.,1902. J AJ
3d mort., Ga, 1887
FAA 95 98 Chic. APad.-lst M., 78, 1903. JAJ t
JAJ 108 110
Biistoti A- Alhany— 78, 1892-3. FAA HlGi* 117
55
Georjfla— 7a, 1876-96.
Chic. Pok.AS.W.— lat, 88, 1901. FAA'"
Ga. Is:,,-,
'Ch'c.R.I.&Pac— 9.F.,in.,6s,'93FAA! 108
.TAJ '10714^108
Boat.i lint. .MF.— Ist M.,0a,'81. JAJ *' 83
JAJl 108»s 1080b GiliiiiVn ChA Sp.—iflMSi.'il'tW.M AS
90
08, 1917, coup
954 97
Ist .M.. Tr.. 1889-90
,Gr.Bap. A Ind.— lrt^K,^<l. 7.s, g.
«a, 1917,reg
,TAJ( 108
JAJ*' 85
90
941s 89
1st M.,7s, \.g., guld.iWMriar..\.tO
N. Be.If.ml KK., 78, 1894.. ..JAJ, *t 99
100
Chic.AS.W.— lst,7a.s:.t,''d.'90.MAN| 91
.50
Best. Cue. ,v Mon.—S.F.,0a,'89.JAJ • .90
Ex laud grunt, 1st 7s, TW.
03
92
Cin. A Indiana— lat M..7s,'92.JAD
»0
"guar."
v.
Col.—
M.,
78.
Green
Ist
Consol. mort., 7s, 1893
A
JAjl
HOO
1882-87
AAO
101
2d mort., 73,
36
33
Bonds, (tnar
Bo»t. Hart.A E.— l.st. 7s, 1900. JAJ
'2713 Cin.A.Sp.— 73,C,C.C.A I., 1901. AAOl
21
•«
10
78,'90.
MAN
E.—
Ist,
Haeks'kAN.Y.
1st mnrt.. 7s, guar
70
_
JAJ
23
do
Kuar.,L.8.A.M.S.,1901AAO
70
Boston A Uiwell- New73.'92.AAO 112'4 112% Cin. Laf.ACh,— 1st, 7a,R., 1901. MAS
llannitial A Nap.— 1st. 7s, 'SS.MAN
65
75
90%
do Os, 1879
AAOf lOOisjlOlia Cin. Uaiu.A D.— lat M., 7a,'80..MAK 100 101 Han. A St. Jo.-Conr. 88, 1893. MAS
AAO
New Ga, 1896
Land (rrants
JAJ 1103 ;104
2dmort.. 78. 1883...
JikJ
42 >s
B"-i"ii A .Maine—7s. 1893-91. J,Sa tll5is'llG
Quincy A Pal., Ist, 88. 18n2.FA.\
Consol. mort., 7s, 1903
AAO
l:n-t. A-N. Y. Air L.— lat 78
Kans. (;. A Cam.. l8t,10.s,'92 J.fcl ( 102 104
lOlis 103
Cin. H. A I., 1st M., 7s, 1903.JAJ
110
105
M,78,..\AO
Ist
li'»; A Pri.videiiee— 7a, 1393. JAJ
Porteho.stcr—
Harl.A
82
86
Cin. Rich. AChie.— 1st, 78, '93..I&J
11151s 116
107>«
liMll Un,.I.A P.— Gen. M.7s.'9G.JaJ
Harrish.P. .Mt.J.AL— lat.Oa .JAJ,,106
'4718! 53
60
Cin. Rich. A F. W.— 1st. 78, g. .JAD
101
M,,73,'7G.JAJl,100ia
Hartf.Prov.AF.-lst
Hutl N'.Y.AErle-lst, 7a. 191G.JAI)
60
110
Cin. Sand'ky A CI.— Os, 1900. .FAA M
106
1883.FAAi'105
llouaatonio— l»t M.. 78,
HntlN.Y.APhil.— lat,08.K.,'9G.JAJ
MAS 179
7s. 1S87 extoudod
103
JJU
100
Bur.C.R.&N.— l8t.58,new,'06,JADj
68,1889
JAD 136 36'al
70
Consol. mort.. 78, 1890
At.Mis-.ADhio.— Ci)ns.,K.1901.AAO

|

99

101

;30
:30

32
32
107

Chicajro

;

A Northwest

SIiikiii< fund, lat M., 7s, '85 .FAA
Interest mort., 7a, 1883
..C)-F
Consol. inort., 7a, 1915.

I

106
lOG

.

I

;

1

j

'

C—

I

i

i

I

'
'

•

;

ii

I

I

I

W«

1

.

'

Price uominal ; no late traiisaotloM.

1

The purchaser

also pays aocruod Intereet.

J

In Loadon.

H In Amsterdam.

J

.

.

.

THE

222

(

—

J

MJ

.

HRONICLR

XXVIL

LVoL.

GENERAL QUOTATIONS OF STOCKS AND BONDS—Continued.
?fote« at

For Eiplanatlong See

Railroad bokds.

Ask.

Bid.

Railroad Boxds.

Head of FlMt Page

Maine Central— (Continued)—

C—

go's 92
& Tex.
let, 7e, g., '01
85
78
West. Dlv.. 1st, 78, g., 1891 J&J
84
Waco & N. W., l8t, 78, g.,1903.J&J 78
A&O 68Hi 73
Cons. mort.. Ss, 1912
Hunt. & Br. Top-lst. 78, •90..AifcO '107 111

Honstou

2d

inort., 78, g.,

1895

A&O

Central-

AiW

J&D :97
no's
A&O 20

.'>8,1905
lU. Grand Tr.— 1st M., 8s, 'OO.AAiO
Ind'lis Bl. <k W.— l8t, 78, g.,'09.

2d

mort., 88.

Extens'n l8t M., 78, g., 191'2.J&J
Ind'polieCin.,fcL.-l8t, 7s,'97.F&A
J&D
3diuort..7s, 1899

"41a

Ina'.iiK>Il8& Cln., l8t,78,'88.A&0
Ind-poltsife St. L.— l8t,78, 1919. Viir.
2d mort., 78. 1900
Ind"apoIi8,fc Vln.— 1st, 7s,1908.F&A
2d mort., Os, g., guar., 1900.MA-N
Intem'l&Ut.No.— Int. Ist. 78.A&0
H. Gt. No., let, 78,g., witU certs.

93
55

A&O

&
Conv. 88, 1892
F&A
Ionia & Lansing— Ist 88, '89. ..J&J
I'a Falls A .Siou.v C— 1st, 78,'99.\&0

j

105
ic Athens.- Ist ra., 7s,g.J&J
Jackson Lansing <fe Saginaw1st M., 8s,'85, "white l)ouds"J&J tl04
North Exten., 8s, 1890
M&N U02
Consol. mort., 88, 1891
MiS 103
99%
2duiort., 1878
Jamest.& Frank!.- Ist, 7s, '97. J&J
2d mort., 7s, 1894
J&D
Jefferson— Hawl'y Br. 78, '87.. J&J
Ist mort, 78, 1889
J&J
Jeff. Mad.&Ind.— 1st, 7s,1906.A&0 110614
2d mort., 78, 1910
J&J 86
Ind'pcils& Mad., lst,7s,'81.M&N 100
Jollet & Chic— 1st M..8s, '82. .J&J 106
Junction ER.(Phll.)—lst,0s,'82 J&J

102

Kal.vt Schoolcraft— Ist, 88, '87. J&J

82
96

2d mort., (J8, 1900
A&O 102
Kalamazoo A1.& Gr. R.— 1st, 8s. J&J 98
'90.. J&J

l8tM.,C. B. &St. Jo8.,7s,'80.J&J
K.C.St.J08.&C.B., M. 78,1907.J&J

do
Kans.C.

A&O

inc. bds, rg.,6s,1907.
S. Fe.— Ist, lOs.OO.M&N

&

K.C.Topcka&W.— Ist
Income 78
Kansas Pacificist mort., Os, gold,

With conpon

M.,78,g.,.J&J

A&O
1893.... F&A

ccrtiflcates

Ist mort., 68, g., 1896
J&D
Wi th coupon certi flcates
1st mort., 1. gr., 78, g..l899-M&X

With coupon

ccrtiflcates

19712

I

103

i

94
100

I

1

'76"'!

116
9718
'7614

guaranteed
do
Miss. Cen.— l8t M., 7s, '74-84. M&N
F&A
2d mort., 8s, 1886
Ex coup
do
Miss.&Tenn.- 1st Jl., 8s, series "A'
do
88, series ' B"

M.Ouach.&Red R.— l8t,7e,g'90.J&J
Mo. Kansas & Texas—

SII2!

F&A

106 1«

Ist mort., 78, gold, 1004-6..
1st, 6s, g., 1809. (U. P. 8.Br.)J&J

86I4

A&O
2d mort.. Income, 1911
Han. & C. Mo., 1st 7s, g.,'OO.M&N
Mo. F. Scott & G.— 1st., 10s, '00. J&J
A&O
2d mort., 10s, 1890
lOOis Mob. & Mont.— 1st, end. 88. g.M&N
Mob.&Ohio— l8t,ster.8s.g. '83.M&N
98

E.x. certif., ster., Os,
Interest 8s, 1883
2d mort., 8s, var

100

Montclalr

&

G.

L.— 1st

1883..

M&N
M&N

March
7s,

(new)

2d mort., 7s (old mort Ists)
Mont.&Euf.— l8t, end.8s,g.,'80 M&S

M.. 7s, 1882.

..A&O

*2o

iOsw.&Eomc— 1st M., 7s, 1915.M&N

82 13

*30
Osw. & Syracuse— 1st, 7s, '80.M&N
*25
Ott. Osw. & Fox R.-M., 88, '90.J&J
99 12 100 14 Pacillc of Mo.— lstM.,6s,g.,'88.F&A
2d mort, 7s, 1891
83
J&J
78

40

34
112

Car.B., 1st mort., Os,
Income, 78

g. '03..

10
10
73
80
tlOOia

A&O
M&S

80

lU

86
69

95
74
40
12"
20
46181 48
;33
40
86
93
I

110islll%i
101% 102
99
99»«.
80

Panama— Stcrl'gM., 7s, g. '97.A&0 107
Paris & D.anville- 1st M., 7s .1003.

11258

103 14

90

Paris&Dec't'r— lstM.,7s,g.,'92.J&J

Yl5'

109"
2S""

PeklnL.&Dec— lstM.,7s,1900.F&A

109 12 100 Is Pennsylvaul.a—
•165
85
1st mort., Os, 18 80
General mort, 6s, coup., 1910
170

J&J IO418

Q—

Os, rog., 1910.A&O
Cons, mort., 6e, reg., 1905.. (J—
do
Os, coiip., 1005..
Navv Y'ard, Os, rog., 1881 . ..J&J

do

75
87
100
100
82
106
75
38
56
82
12
58

45
15

30
3

30

108%

95
93
*100
Penn.&N.Y.— lst.7s,'96&1906.J&D 114
Peoria Pekin & J.— 1st, 78, '94. J&J •20

102'

Peoiia&B'kl.- l8t,7s,g.,1000.F&A

84
110
82

M.. 6s, 1807. .A&O
C. M., guar.,P.&.R., Og.,1013.J&D
Scrip issued for funded coupons
Petersburg— 1st M., 8s, '79-'98.J&J
2d mort., 8s, 1902
J&J
391s
301s Phil. & Erie— Ist M., 68, 1881.

Perkiomen— 1st

;.58

:82

80
23

A&O 103%

GO
60
60
50
20
42
6
40

IO4I8
'1071a-

IO914
9514.

96

114^
40
20

•70

2d mort, 78, 1888
J&J 100 la
2d mort., guar., 6s, g., 1020. J&J ;86
Philadelphia & Reading
1st mort, 6s, 1880
J&J 1031s
1st mort, 78, 1803
A&O 111
Debenture, 1893
J&J
Mort, 78, coup., 1011
J&D 101
Gold mort, 6s, 1911
J&D
New convertible, 7s, 1893. .J&J 64
G.8.f.,$&£, 68, g., 1908.... J&J :64

'15'

50
58

107

J&D

80

90

Monticello&Pt.J.— l8t.78,g.'90Q—
Morris &Esse.x— Ist, 7s, 1014.M&N iis'
2d mort, 7s, 1801
F&A 104

.

62
84
99
30
1041a-

101
88
104 1»;
113

104
65
66

Coal & I., guar. M., 78, '92.. M&S
Phil.Wil.&Balt.— 6s. '02-1000.A&O '106 loeiaS8I4 88S8.
Fitts.C.&St.L.— lstM.,7s,1000.F&A

iio
2d mort, 7s, 1913
A&O
105 14 Pittsb.&(3on'll8V.— lstM.7s,'98.J&J

931s
194

05

118
101 Is
7s, 1901
2d mort, 7s, 1912
J&J 115
99
(Consol. mort., 7s, 1915
.T&D
92
3d mort. 7s, 1012
A&O 114
Nash.Chat.&St.L.— l8t,7s,1913J&J iooig
Equipment, 8e, '84, all paid. M&S :io4
Na8hr.& Decat'r.— lst,7s,1900. J&J 99 101
Pitts. Titusv.& B.— New 7s,'06F& A
20
Nashua & I»w.— 6s, g., 1893. F&A 110314 103% Port Hur.&L.M.— lst,7s,g.,'09 M&N
5
95
Nebraska^ 1st, 7s, end. B.& M. Neb.
Portl'nd&Ogb'g- lstG8,g.,1900J&J
Newark
&
N.
Y.—
Ist,
7s,
1887.J&J
dlv.,
G.s.g., 1801. .M&N
Vt
1st
M.,
10
'56"
New'k S'8et&.8.— 1st, 78, g.,'89.M&N 80
Portl.&Roch.— lstM.i7s,1887.A&0
N.Havcn&Dorby, Ist M., 78,'98.Var 83
92
Pueblo & Ark. V.— 1st, 7s, g.. 1903 110113
N. H.&N'th'tmi- lstM.,7s,'99.J&J 101
106
Quiucy&Wars'w— IstM., 8s,'O0. J&J tllOis
76
Conv. Os. l^i82
A&O 80
88
Reading & Columbia 78.
22
N. J. Midl'd— 1st M., 7s, g.,'93.F&A
25
Ren.&S'tog.a— Ist 78,1921 cou.M&N ii5"
101
2
2d mort, 78, 1881
F&A
5
1st 7s, 1021, reg...
115
60
20
N. J. Southeni— 1st M.,7s, •89.M&N
28
Ricird&Dan.— C.M.,0s,'75-90.M&N 72
60
60
N'burgh&N.Y.— l8t M.78,1888.J&J
Piedmont Br., 8s, 1888
A&O 97
N. Lon.&North.— 1st M.,68,'85.M&S
Rich. Fred. & Potomac— 68, 1875.
98
2d mort, 78, 1892
J&D
Mort, 78, 1881-00
J&J 100
N.O.Jack.&GtN.— lstM.,88'86.J&J 105 109
Richmond & Petersburg2d mort., 8s. 1800, ccrtlfs ..A&O
101
88, 1880-1886
A&O 103
2d mort debt
A&O
98
New mort, 78, 1915
M&N 03
iim N.O.Mob.&Cliatt.— lst,88,1915.J&J
38
RomeWat'u&O.—
S.F.,78,1891.J&D
iiiij N.Y.Bost.&M'nt.-lst,7s,g.,'89F&A
20
2d mort, 7s, 1892
J&J
103
N.Y. & Can.-£ M.. 6s. g., 1904.M&X :9i
93
Consol. mort., 7s, 1904
A&O

120

F&A
J&J
A&O

Construction, 78, 1880

Bonds, 1900
General mort.,

Sterling cons. M., Os,

g.,

guar. J&J

Pitt8.FtW.&C.-lstM.,7s,1912.,T&J

Oft

116

106
30
10

102
iiiir

.

Lat.Muuc.&Bl.— lst,78,g.l901F&.\
Lake Shore & Mich. So.—
M. So.& N. I., 8.F.,lst, 7s,'85.M&N 110
Cleve. & Tol., 1st M.,7s, '83.. J&J 109
do
2d M., 7s, 1880.A&O 110
a. P. & Ash., 2d M., 7s, '80. .J&J 102
do
3d M., 7s, 1892. A&O llOU
Buff.&E., new bds, M.,7«,'98.AAO 110
Buff. & State L., 7e, 1882.... J&J 102
Det. Mon. & Tol., 1st, 7s, 1906.
103
New York Cent. & Hud.—
Lake 8h. Dlv. bonds, 1899.. A&O 109
Mort., 7s, coup., 1003... ...J&J
L. 8.&M. S., cous., cp., lst.73. J&J IIII4
Mort, 7s, reg., 1903
...J&J
do eons.,reg.,lst,7s,1900.Q— IIII4
Subscription, 6s, 1883
.M&N
do cons., cp., 2d,78, 1903..J&D IO314
Sterling mort, 6s, g., 1903
J&J
do cons., reg.,2d,7s,1903. J&D 103 14 104
N.
Y. C, premium, 6s, 1883. M&N
Lawrence— 1st mort., 78,18y5.F&A
do
6s, 1887
J&D
'32"
Leav. Law. & G.— Ist, 10s, '99. J&J
28
do
re.alest, 68, 1883..M&N
South. Kans., letM., 8s, 1892
Hud. R., 2d M., 78., 1885. .J&D
Lehigh & I,ack.— l8tM.,78, •97.F&A
N.
Y. Elevated.— 1st M., 1006.J&J
Lehigh Val.— Ist M., 6s, 1898. J&D 109 ll2
N.Y.&Harlein—
2d mort., 78, 1910
M&S 1131s 114is 7s,rcg..l900 7e,coup.,1900.M&N
M&N
Gen. M., s. f„ Oa. g., 1923. .J&D
9914 100
[N. Y.&Os.Mid.— Ist M.,?s,g, '94.J&J
Delano L<1 Co. bds, end.,7«,'92 J&J
2d
mort,
7s,
1895
M&N
Lcwlsb. & Spruce Cr.— 1st, 7» M&N
Receiver's ccrtlfs. (labor)
?;;""''*' •'^',I'--lst,0s,g.,1960J&J
do
if
do
(other)
Little .Miami— Ist M.,68,1SS3.M&N
08 100 INY.Prov.&B'n— Gcn.7s, 1890.J&J
I>. Rock& Ft.S.— lst,l.gr.,78 '05
J&J •145
55 'Norf'k&Petersb.- lstM.,88,'77.J&J
Little SchuvlklU-l'st. 78; '77 A&O 103
1st iniirt, 7s, 1877
J&J
Long Island— lat M., 78, 1898. .M&N 100=8 104%
2d mort, 8s, 1893
J&J
Newtown & Fl., 78, 1903 ...M&N
80
North
Carolina— M., 8s, 1878. M&N
N. Y. & Kockawar, 78, 1901. A&O
80
North Mis3ouri— Ist M., 1805.. J&.J
Smltht'n & Pt. Jeir., 7s, 1001. M&«
North Penn.— 1st M., 6s, 1885. J&J
Loms'a & Mo.H.— Ist, 7s, lOOOF&i
98 >s "995^
2d mort, 7s, 1806
M&N
Loiiv.c.&Lex.-lst,78,'Q7J&J(ex 1103 1031s
Gen. mort., 7s, 1003
J&j
Northeastern— Ist M., 8s, '09..M&S
Lonisvlllc & Nashville2d mort, 8s, 1890
M&S
Con. Ist mort., 7s, 1898
A&O
106 106% Northern Con.— 2d M., 6s,
18S5.J&J
2d n'ort., 7s, g., 1883
M&N 87 90
3d mort, 08,1900
.

I

.

!

.

I

I

Rutland— Ist M., 8s, 1902.. ..M&N
117»8 118
Equipment, 8s, 1880
M&S
117% 118
Equipment, 7s, 1880
M&N
I04I2 104 !<8 S.anduskyM.&N.— 1st, 78,1902.
J&J
112
114
Savannah&Chas.— lstM.,7s,'89J&J
105
IO514
Chas.& Sav., gnar., '68, 1877. M&S
i

106H

I

I

I

Louisville loan, 68, '86-'87..A&0
Leo. Br. ext., 78, '80-'85
Ifh. Br. Ix)ulsv. I'n, Gs, '03.. A&O
O "tl., M.,7s, g.,1901,I&D :io5 107
l,l"Ji
SI.& Clarksv., sfg, M., 68, g.F&A
;03
95
L. Padiicah & S.W.-8s, ISyOl.M&S
Mioon & Aiig.-2d, end.,7s,'79.J&J 1118%
03
97
Maine Cent.-.Moit. 78, 1898. ..J&J 1104
106
Exten. bonds. Os, g., 1900.. .A&O
138
90
Cons. 78,1912....*;
A&O 188 90
Andro.scog.* Ken., 6s, ISOl.F&A 199
100
Ixjods & Farm'gt'n, 6s,
1901.J&J 193
93

t

Con. mort., 6s,
68. g., reg.,

g.,

1900

coup.,

A&O
a&O

1900.J&J

Soab'd&Roan'ke— lstM.,7s,'81F&A

IO414

81iam.Val.&

110%

4%
I4

Shore

Li,

Conn.— 1st M.,7s.'80.:m&r:

SiouxC.&StP.— lstM.,8s.l;i(il,M.v.v,*
Sioux C. & Pac, 1st M., (Is, :)•<. J&J t

I2OI4

27
20

P.— l8t, 7s, g., 1901 J&J

SUcbovg'n& F<lu-L.-lst7s.'8tJ&D
8714'

120

. .

nomtaal ; no late transactions.

Ask.

70
1106
1106
1113
00
113

—

Laf. B1.& .Miss.- let, 7s, g.,'91.F&A

• Price

Creek— l8t

Bid.

102

85
81

100 12,

120

Leav. Branch,

.

IO4I2

100

104%

& North.— Ist, 8s, 1901. .. J&D
& St. L., 1st ni., 1927... J&D

Minn.

35
35
45
106 14 107

let mort., 78, g., 1880.. J&J
With coupon certillcates

Funded interest, 8s, 1884. .A&O
Keokuk & St. P.— 1st, 8s, '79 .A&O

Mil.

I

190

Land

78, 1896
M&N
With couiion oertiflcatos
Income hds, No. 11, 7s, 1916.M&S
do
No. 16,78, 1916.M&S
Keolnik& Des M.— l8t.7s,1904.A&0

16
91

Oil

.A&O

lionds, 8s, '83..

Gd. Rlv. v., 1st 8s, guar.,'86.J&J
do
2d mort., Ss, 1879. M&S
Kalamazoo&S.H.,lst,8s,'00.M&N
Mich. L. Shore Ist M., 8s, '89.J&J

9712

Ithaca

Kal.& Wh. Pigeon— Ist, 78,
Kane.C.St. Jo. &C. B.-

Equipment

Railroad Boxds.

Old Colony— Os, 1897
F&A
6s, 1895
J&D
7s, 1895
M&S
Oniiiha&N.W.— 1st. 1. g., 7.3, g. J&J
29% Omaha & 8.W.—1 stM., 88,1890. J&D
I3I2 Orange& Alexandria
1st mort, 6s, '73. M.& N
2d mort, 6s, 1873
J&J
3d mort., 8s, 1873
90
M&N
4thmort., 88, 1880
45
M&S
Or. Alex.cfe M.,lstM., 7s. '82. J&J
Oregon & Cal. 1st M. 7s, 1890. .\&0
35

M&N
M&N

60
60
5

100
100
93

111
Consol., 7s, 1902
IstM. Air Line, 8s, 1890.... J&J. 1105
do
8s, guiir
Ist

90
70

189

too
199

M&N

. .

98
65
25

65

'91.F&A

Ask.

1801.F&A

.J&J
Cin. & Bait., 1st, 78, 1900.
Marietta, P. & Clev.— Ist, 78, g., '95
J&D
7s
Consol.
Marn'tte Ho. & O.— lst,8s,'92.F&A
J&D
1892
M.,
8s,
Mar. & O.,
Houghton & O., 1st, 8s. '91.. .J&J
1893
Central—
Ist,
78,
Mass.
Memp. & Charl'n— l8t. 7s,'80.M&N
J&J
2d mort., 78, 1885
Mem. & L. Rock— 1st, 8s, '90. M&N
Mich. Cen.-lst M., 88, 1882.. A&O

5ifl!

84

A&O

2d mort., 78, 1896
J&J
3d mort., 8s, 1890
Scioto & Hock. Val., Ist, 7a..M&N
Bait. Short L., 1st, 7s, 1000. .J&J

lllia

15

78,

Sterling, let M., 78, g.,

J&J

1890

&

1st, 6s, '83..

Cons. M., 6s, '95.A&0
Fr'haiu.— 1st, 78,'89..J&J

Marietta* Clnn.— 1st,

105
102
111
99

ist mort. Chic.&SprinKr.'9S.J&J ;103
:100
Sterling, S. F.. Ss. g., 1903..
Sterling, gen. M..68, g., 1895.AArO ;109

do

Mansf.

105
31

29

& Ken.,

do

.

F&A 100

Cons. 3<l.M. 78, 1895
Illinois

Portl'd

.

.

Bid.

ot quotations.

514 So.&N.Al,a.— lst,8s.g.,eiul.0O..J&J
1
Sterling mort., 6s, g

34

South Carolina—

23

M&N

let mort,78,'82-'83
J&J
l8t, sterl. mort., 58.r.,'82-'88.J&J

ibo"

Bonds, 78, 1902, 2d'mort.
A&O
Bonds, 7s, non. mort
A&O
Southern of L. I.— M., 7s, '70. .M&S
110
South Side, L.I.— lst7,1887.1M&S
1021s 103
do
8. F., 2d, 7s,1000.M&N
107 1071s South Side, Va.— 1st, 8s,'84-'90. J&
II4I4 117
2d mort, 63, 1884-'90
J&J
105 106 14
3d mort., 68, 1886-'00
J&J
105
So.Cen.(N.Y.)— l8t7s,'99,guar.F&A
00%
So. Minues'ta.— l8tM.,8s,'78-88.J&J
10538 lO-is
let mort. 78
100
So.P.io. Cal.— lst,6s,g., 1005-0. J&J
911a
Southwestem(Ga.)— Conv.,78,1886
91
93
Muscogee R.R., 7s
Var.
40
50
Steubenv.&Ind.— lstM.,6s,'84.Var.
{85
87
att.Alt&T.H.- Ist M., 7s, '04.J&J
. . .

94
92
100

,

Mort. bonds., 5s, 1926
J&j
Con. mort, stg. 68, g., 1004. .J&J
Northern CentT Mlcii.— 1st, 78
2d mort., pref., 7s, 1804 .... F&A
Northern, N.J.— 1st M., 78, '78 'j&J
2d income, 7s, 1804
M&N
iNorw'h&Worc'r-lst M.. 63.'07'.J&J 106 108
StL.&InmM't— 1st M., 7s, '92.)&A
|Ogd'nsb-g&L.Ch.-lstM.0s,'98,J&J 1100 100
2d
14
mort,
7s,
IS'JT
.M&N
g.,
S. F.. 8s, 1890
ji,c,B 1104
Cons, mort., 73, g., 1914. ....A&O
Ohlo&Mlss.-Cons. S.F.7s,''98 J&J
98I3 OOifil
Ark. Br. 1. gr., M., 7s, g., '97.J&D
Cons, mort, 7s, '98
J&j 9812 90%; Cairo Ark. & T..lst,7s.g.
.•07.JAO
2dmort, 78, 1911
"'a&O
65
Cairo & Ful., lst,l.g.,7s.g...'Ol.J&J
.

I

The purclaaer

also

pays accrued interest.

;

In London.

U In Amsterdam,

•94

75

8

I

ACO08T

.

FJ

THE CHRONICLE.

81. 1878.]

GE^^KUAL QUOTATIOJfS OP STOCKS
For BxplMi«tlon«,9«e
Railroao Bowm.

AND BONDS— Ooxtucobo.

Heaa of FlrMrac* or ^otaUoma.

Railroad Btockr.

Alk.

Bid.

Ifotea *(

223

Bid.

A»k.

BM.

RaHJIOAD BTOCKt.

Aak.

A Maine
A Pnivlilence

100 107 107*9 Nnnhem Central
."W)'
5U>» IS
100 106>4 100>s ;NorthemN«wHainiMhlre
lOO fHHi 02
100 75
Northern PaclHc. new pref
VX) i\~'4 I'^a
80 .NorwIehAWorrenter.leased.lO 100 I2hI} 130
Burlington V. Rapids A Northern
j£N.,l«t,7«. 1MH7.J.VJ1
Burlington A Mo.. InNeb
100 07>s 08
Ogdensburgb* Lake Champ... 100 26V| 2)|ia
AC— l»t.7». "itJ-AA-o 107 110 Caiudun
H
Atlitulle
80
520
25
A
Pref., 8. .100
do
91»a 92
;;<IM..<1iu*bA,'0(!M\N'
et
!>»
do
Prof
40
50 }35
Ohio A Ml8(.l»»lppl
100
7>a
:;ii .M., iLi^H n, vmm
45
8
Catawlssa
50
do
100
14
Pref
M.VN
dii
<lii«»t', 1!»0«
ij
do
Old, pref
50 530»« 37
Old Colony
85
100 103 lOJift
84
Boiitli I'lUlllc.-lut M, 18S« ..l\J
do
New, pref
60 5:-i2is 33 lOawpgo A8yraeu»e, gii»r.,0.. ..M)
104
8tKVainl.>^:'r.H.-l»t.M.,7»,'!)7.J&J -Oi)
84is 85
100
ll'acitlc of Ml8«<mrl (new!
100 ....
MikN B3<4 721a' Cedar Rapids A Mo
3(1. 7», Kuur..'!*'*
do
102
Pref.,
100
'!
..
7
Panama
;....100 1'.{G
78...JAI>
8t. Paul A I'lic— Istaec.,
S5
Central of Georgia
100 50
Pennsylvania Kallroad
50 ^i'* 32%
MiVN ^'4(1
id sec 7»
Central of New Jersey
100 32% 33
PennBylvanla Company
50 }
J&D 11H
Ouu».. 7k
Central Ohio
50 J ....
do
Pref
M&N V.29\
60}
BonilHof l*lfl9.7ii
do
....
Pref
Petersburg
60
5
100
TIO'IB
J&J
St. Vliui'iit * B.. 7«
Central Paelfle
100
PhllaJleljihla 4 Erie
60
8
JO
do Kci'ftvon*' ctTtfs., 10». JAJ, II
Charlotte Col. A Aug
2
90
100
do
Pref., 8
60
JicJ ISO
Bnninilt V.r- lht.79. 1903
Cheshire, pref
100 33
33
Phlla<Ielphla A Reading
"lOV
50 516M
.
Hn
i..— iKtM.. 7><.'77..\*0 ion
00
65
Chicago A Alton
100 80
Pref;, 7
50'}....
do
JllIU'.— IstM
h
do
Pref., 7
100 99 101
Phlla. A Trenton, leased, 10. .. 100, -4127
N Y.
c<>ii8ol.7B,'06A<StO 103 >8
h
>4
Chicago
109
1
102
Burlington
Quincy..
108%
Phlla.
Cinn'ii
100
A
100
Nor.,
I'neil,
«8 is"
A
12.
.60
Ml.— lstM..78/79.A,feO
Chicago A East Illinois
4
86
Phlla. Wiliiiiiigton A Bait.
'1
60
64^
-IstM., 08, g....M&8 •84
119ia
Iowa
120
Chieago
Nebraska
Plttslmigh
A
100
Cincinnati
L...60
55
A
St.
J&D
..it.,«8, n
SOijj SO'^' Plttsb. A Conncllsvllle. leased.. .60 5.
42
Chicago Milwaukee A St. Panl.lOO
Toll in. s ^\:IVt.— l.it,7(<.K.19lHUA.I
68 Og 68 \ Pittsburg TltusvlUe A Bniralo...50
4
90
do
Pref., 7.100
|3'e
Tol r.A W.— l«tM..E.D..7».'U4..r&I)
Chicago A North Western
100 34'e 35
Plttab. Ft. W. A Chle. guar., 7.100
95% e5>a
90
l8t iiiort., W. I).. 78, 18110... F&A
C6I3
GG^i
do
7.100
Special,
75
20
Pref.,
do
7.100
2(1 iiKirf., W 1).. 78, lSse....A&0
Chicago A Rock Island
100 114'S8 II519' Portland SacoA Portsm.,r»c<l 6 100 84%! 85
J&U
Burl. Dlv.. l«t. 78, 1901
30
CIn. Hamilton A Dayton
Portsm'th Gt. Falls A Conway. 10,
5
100
8%l
Cons. .M., 7s, 1910. .MAN
do
4»8 Providence A Worcester
50
100
United Co-s N.J.— Cona.,68,'94.A&0;*104 108 ,Cto. Sandusky A Cleveland
4
30
33
42
4a
110
Pueblo
do
Pref.,
6.50
Arkansas
Valley
100
A
MASi;108
J:
Sterlluir uiort., tJs, 1894
27 14 28
Clcv. Col. Cln. A Indianapolis. .100
Rensselaer A Saratoga
M&SiJllO 112
100 99% 100
do
t!8, 1901
Clev. A Mahoning Val.. leased... ,50
Kichmond A Danville
2% 4
100
FAAi 102 is 103
Cam. A Amb., Os, 1883
81»9 Richmond Fred. AP
ea105
Clev. A Pittsburgh, guar., 7
50
IW)
JAI) '103
do
C», 1889
lO'Jij
111
4
HO
Col.
Chic.
Indbina
Central.
..100
3\
do
do
A
guar.
6
loo
do
mort., 6a, 'SO.MANj
90
90 .>
Columbns A Hocking Valley.... 50 8G
do
do
guar. 7
1 0<
1st M.,6s.K.'96-'99.JitJi lO.i^lOe
r;
891
Columbus A Xenia, guar., 8
Richmond A Petersburg
35
50
100
1.78.1887-9
AAO, lOS^g
Rome Watertown A Ogdeu8b..lou
50 72ia '4
-.1894
MAS 10379104 Concord
"'
120
114
117
Rutland
8
Concord
Portsmouth,
guar.,7
100
A
100
Oiii. r.nil;;!-, 8terI.8e,K., '90.A&0 ;112
42
«
7
GO
40
Connecticut A Passumjisic
100
do
Pref., 7
100
Cnloii A TitiiKV.— 1st, 7h, ISOO.J&J *40
55
131
130
60
78
Connecticut
River
100
do
Scrip
72
100
Utah I'oii.— l«tM..68, g.,1890.JAJ
1% 2
Cumberland Valley
50 ....
St. Louis Alton A Terre Haute. 100
Vtlca A UPk R.— let M., 78, '78.JAJ
7
do
do
do
Pref
50
Pref. 100
Moit..78, 1891
JAJ
Belleville A So. 111., pref
Danbury A Norwalk
20
501
100
Venii't ACttii.— New M., 88
25
Iron
3ia..50|
5%
25
St. Louis
M'n A Southeni.lOO
20
Dayton A Michigan, guar.,
MissisKiinol. 78, 1891
JA.!
3
8712 83
St. Louis Kansas C. A North.
do
Pref., guar., 8..50
100
Venu'tA Mass.- 1st M., Gs, '83. J A,I,t 104 10414
do
do
pref., 10.1001
JAjIiUO 111
Delaware
50
C'ouv. 7.S. 1879
50
Sandu.skv Mansfield A N
.50 ....
JAJtUl 112 Delaware A Bound Brook
100
do 78, 1885
Sl'^e 52ie Schuylkill Valley. Iease«l, 5
50 5
Delaware Lack. A Western
50
Veniiont Ceii.— l8t M., 78, '8G..MAN1 10
l
100 ....
35
Seaboard A Roanoke
Det. I^msing A Northern, pref .100
2d luort.. 78, 1891
JAD
27
do
guar
100 -.-.
Staii.stoad S. A C, 78, 1887. JAJJ
25
Dubuque A M iunesota
100
6813 Shamokln Val. & P., leased, 6....50l§
65
45
Viik.A.Mpr.— lRt.M.,end.,78,'90.JAJ
35
Dubuque A Sioux Cit3'
100
Shore Line (Conn.), leased, 8. ..100 120 123
40
2d iiiort. end., 7s. 1890
East Pennsylvania, leased
50 35
JAJ 30
40
South Carolina
VlririiiiaATeiiii.- -M., Gs, 1884. .JAJ
96
100
90
East Tennessee Vliginia A Ga.lOO
1213
13
Southwestern, Ga., guar., 7
3(1 molt.. 8.S. 1900
lOffl
Eastern (Mass.)
100
JAJ 95 100
40
Syracuse. Bingh'ton A N. Y....IOO'
Waliiish— l8t iiioit., 78, 1890.. FAA
Eastern In N. H
100 32
12
9
Summit Biant'li. Pa
do
do
Elmlra A Wi lliamsport ,5
50
ex coup
100%
50 5*20
45
Tenc Haute A Indianapolis
100:
do
Pref., 7.. 50 5*35
2d niort., 78, 1878
SlAN
"16i«
I6I4
Toledo Peoria A Warsaw
100
100
Eqiiiiimi'iit, 78, 1883
MAN
11% Erie Railway
32
.50
do
do
1st pref. 100
Cons, luort., "s. 1907
do
Pref., 7
100
Q-F
do
do
2d pref.. 100
37
do
ex Aii>t.,'78,Ai>rev.
35
Erie A Pittsburg, guar., 7
50 55
100
Fitehburg
100 117^4 117% TroyABoston
l8t, St. L. dlv., 7s, 1896
FAA 90
7518 Georgia Railroad A Bank'g Co. 100
United N. Jersey RR. A C. Co. .100 125% 12^"
70
75
75
do
do ex mat. coup.
Union Pacific
100 64%
Grand River Valley, guar., 5.. 100
Gt. West., 111., 1st, 78, '88... FAA
10
1001
13% I314 Vermont A Caua<la. leased
Hannibal A St. Joseph
100
do ex coup. FAA 10014 101
do
114
33% 34 Vermont A Mass., leased, 5
1001 113
87
Pref., 7. .100
do
2d, 78, '93... MAN
do
14% 15
57
Wabash
ex & Nov.,'77,coiip. "65>a 671a Harrlsburg P. Mt. J.A L., guar.,7.50 5*53
do
Warren (N. J.), leased, 7
50
90
82
Housatoule
100
Q'ncy ATol., 1st, 79, 1890.. MAN
60
Westchester A Phlla., pref
50 *536
75
do
Pref., 8
100
72
do
ex mat. A Nov.,'77,cp.
10
15
West Jersey
60 *5 .-• 28
Houston A Texas Central
100
ni. AS. la., l8t, 7e, '82
FAA
5'l2
West. Maryland
Huntingdon A Broad Top
50
do
do ex coup. FAA
Wilmingt'n A Weldon, leas'd, 7.100
do
Pref... 50 5*1
Warren (N.J.I— 2d M., 78, 1900. ..
do
8OI2
100,
Worcester A Nashua
WarreiiAFr'kln— lstM.,78,'96.F&A
75
100
niinols Central
50
Wc^tcirrAPhil.- Con9.,7fi,'91.A&0 115 116
Indianap's Cln. A Lafayette
85
C.4NAI. BONDS.
76
Wesfii Ala.— 1st M., 8s. '88...AAO 104 lOSis'ijctTv. >fad. A Ind'p's, I'sed. 7..100
100
2d iiiort.. 89, pilar., '90
100
AAO 103 108 iJoHetA Chicago, guar., 7
Chesap. A Del.— Ist, Gs, 1886.. JAJi
West. Md.— End., Ist, 68, 90. ..JAJ
.'Kalamazoo A. cfe Gr.R., guar., 6.100
Chesapeake A Ohio—Gs, 1870 (D.—
1st mort., Gs, IKSK)
Jos.
Coun.
B.lOO
2
Kansas City St.
A
JAJ
Division—68, 1878.. JAJ
Delaware
58
End.. 2d inort., 69, 1890
ilKansas Citv Toi>cka A West'n.lOO
56
JAJ
JAJ
Del. A Hudson— 78, 1891
2d niort., pref., 6s, 1895
4 "a
Kansas Pacific
100
JAJ
MAN
Ist ext., 1891
2d. end. Wash. Co., 68, 1800. JAJ
Keokuk A Des Moines, pref
100
JAJ|
78, 1884
3d, end., Gs, 1900
100 6538 65%
Lake Shore A.Mich. So
JAJ
AAO
Coupon 7s. 1894
Wesfiil'enn— 1st M.,69, '93. .AAO *80
Lawrence (Pa.l, leased, 10
50 5
AAO' 100
Registered 78, 1894
•80
ritt.s. Br.. Ist M., Gs, '90
90 j!I>eavcnworth L.iw. AGalv
100
JAJ
45
Ja.s. Rlv. A Kan.— l8t M., 68. .MAN;
39 14
West. Union RH.— lstM.,78,'9GFAA
80
78
Lehigh Valley
50 539
MAN]
2dinort.. Gs
W. Jersey— Dcbent. Os, 1883. .MAS *80
Little Rock A Fort Smith
100
Lehigh Nav.—Gs, reg., 1884... Q—Ji 104% 105>«
1st niort.. Gs, 1890
92
Uttlc .Miami, leased, 8
50 91
JAJ 104 100
Q— 104 1051a
Railroad 68, reg., 1897
Coiisol. niort., 78, 1890
44
104
I.iitlc Schuylkill, leased, 7
AAO
50 §43
Debenture Gs, reg., 1877.. ..JAD
W. Wisconsin— lstM.,78,g.,'87..JAJ
Long Island
50
.JAD
1882.
reg.,
Convertible 6s,
WieliitaAS.W.-lst,7e.g.,Kuar.,1902 t9'
35
98 ..Louisville A Nashville
100 34
96
94
do
68, g., reg., 1894.MA.S'
WU.A Welil.in—S. F.. 7s, g., '9G. JAJ 95 100 iiLykens Vallej-, leased, 10
100
92%
91
68, gold, coup. A r<!g., 1897.. JAD
Wll.Col.AAnK.— lst.VI..78,1900.JAI>
•75
20
23
10
S9
iiacon A -Augusta
JAD
Consol. mort., 78, 1911
WiuoniiASt.Pet.— l8tM.,<8,'87.JAJ 100
100 *15
25
>«
102
.M.aine Central
101%
mort.,
68.
LouLsv. A Portl.— 3d
2d niort., 78, 1907
100 130 181
MAN 85
Manchester A Lawrence
103 104
4th mort., 6e
Ex.. l.g., mort., 7s,g., 1916.. JAD Wl^
50
Marietta A Cln., Ist pref
AAO
Morris— Boat loan, reg., 1885.
WIseiinsin Cent.— 1st, /s, 1901.JAJ
50
35
do
2d pref
New mortgage
Wort-r A Nashua— 79, '9;j-'95 Var. 1 106 107
60
Bait. Short Line, guar., 8
Pcnnsvlv.iuia—68, coup., lOlOJAJ
Ka.sh. A RocU., guar., 69, '94.A AO
(85
Cincinnati A Bait., guar., 8
87
SchiiylkiU Nav.— 1 st, 68,1897.Q— .M
5
7
Mcinpliis A Charleston
23
"el
JAJ
2d mort., Gs, 1907
100 68% 68%
.Mi<liii.MU (Vntral
JAJ
Mortgage Gs, coup., 1895
B.IILROAD STOCKS, p^^
50
50 549
Mine Hill A S. Haven, leased
69, Improvement, cp., 1880. MAN
Albaiij- A Siisqueh., Quar., 7. ..100
100
Mis.souri Kansas A Texas
81
MAN
68, boat and car, 1913
AlleKlieiiy Valley
100
70
50
Mobile A Ohio
MAN
78, boat and car, 1915
Ateliison Topeka A Santa Fe.. 100
83
50 82
61% 61% Morris A Essex, guar., 7
Susqnchanniv— Gs, coup., 1918.J,i^
Atlanta A West Pt
25
5«
100
Nashville. Chat. A St. Loula
JAJ
7«,coup.. 1902
Atlantie A GiUf
100
100 100
Nashua A Lowell
Union— Ist mort., 68, 1883.. .MAN
do
Guar., 7
100 135 140
100
Naugauck
Atl. A St I vr. leased, 6, £
100 no8 110
N'cwc.isiI.AB.Val.,lea8ed, 10..50
CAN.%1. STOCKS.
p^r.
Aiipi^ia
.-^iivannah, leased... 100
Nis.|iMlioiiiiig Valley, leased, 10..50 H^U, 50
50
Chesoponke A Del.iware
BaltlUiore A Ohio
20
100
14
100
87
New Haven A Northampton
100| 48% 48
Delaware A Hu<lson
do
Prcf..6
1
100 90
96 'New Jersey Southern RR
100
50 5*
8
leased,
Division,
Delaware
do
2d, pref
90
N. I>indon"N(irthem.leased,8..100
100
James River A Kanawha
Washington Branch
100 110 130
N. Y. Central A Hudson Rlv... .100 111>9 112
18>«
-.50
Navigation
I^-high
Farkersbiirg Brancli
80
100
2 jNew York Elevated
51
Morris, guar., 4
Berkshire, le.nsed, 7
100
30 138
.... New York A Harlem
JxSi
10
guar.
pref.,
do
Boston A Albany
189
100 13014 130%
pref
do
^9SJ,
50. }...
Pennsylvania
Boat, tnint. FIteW&New Bed.lOO
100
5
New York A New England
4>s
50 }*3
Sohiiy IklU NavlgaUon
Boat. Con. A Moutreal
160
100
N.Y.N. Haven A Hartford.. ..100
8
pref
do
50|. §7*4
do
do
Pref., 6. ..100 "io'
73
New Y'ork ProvldenceABoe...l0O
^
7
50
Bosquehanna
Boaton A Lowell
600 74
50 }40»a 41
73
North Pennsylvania
K

V iilir'leot.KTK.'O.'SMAS.

I

87>«

Con. M..7».^;..•i>^M\•^

ti

7.<, «.,

1!M»'J

FA A

:

90
35

Boston
Boston

5

3

Buff. N. Y.

A

Erie,

lowed

I

,

mw

I

m

I

.

i

—

i

.

I

—

I

—

>

1

'

. .

3"

!

.

'

;

I

'

I

1

1

'

.

.

.

I

1

i

'

I

.:i

.

,

.V:

!

i

*Frloeaoniinal; nolatetransactloas.

t

The purchaser also pays aocraed Interest.

J

In London.

H In Auuterdam.

}

Quotation per ahM*.

—

.

.

.

..

THE CHRONJCLE.

224

fVcL XXVII.

GENERAL QUOTATIONS OF STOCKS AND BONDS— Continued.
For JExplanattons See Notes at Head of First Page of ((notations.
M18CELLANBOD8.

Bid.

Ask.

misc'LLANEocrs
BONDS.

Miscellaneous.

Bid.

MiSOELLANEOL'S.

Ask.

niAN I7FAGT>ING

N. ¥.

Bid.

Ask.

BOARD

Bid.

I

Ask.

Hide

& Leather... 100 104 IO4I2
H<"™id
100 104 105
Manufacturers'.. .100
85
90
JJiiket
100
90
92
Massachusetts . . . .250 106 108
Miiverick
100 145 1.50
Mechanies' (So.B.)lOO lieig' 118
Merchandise
loo
89
89in
[Merchants'
100 120ia 130
[Metropolit.in
100
89
90
Monument
lOO 152 155
IMt. Vei-non
loO 100 102
New England
100 132 134

MINING STOCKS,

STOCKS.

Par.

Canton (Bait.)—

Bank Stocks.

Alpha Consol G<fe S. 100
523^ 24
II2
8
loOO 1520 American Consol
•16
American
14
P'lag
Androseog'n (Me.). 100
69 14 70
Uu. KR.,l8t, end.,68.
Belcher Silver ....100
Appleton (Mass.). 1000 740 750
14
do 2(I,<'nd. 6g,g.M&N
•06
Bertha & Edith..
05
Atlantic (.M.'i88.)...100 113
114
C'onsol. Coul
Best & Belcher.... 100
IS
Bartlctt (Mass.)... 100
1712 18
l8t .M., 7s, 1885. JAJ
95 100
5'
314
Bates (Me), new ..100 114 115
IBobtail
l8t, uonv..68,'07.J&J
75
85
41
jBoott Cot. (Mass.) 1000 1540 1.545 Buckeye
Cuniborl'd Coal & I.—
Bullion
11
100
l8t M.. 6s, '79...J&J
98 100 jBoston Co.(Mass.)1000 925 19.50
Caledonia Silver ..100
4ia
Bost. Duck (Ma.ss.)700 700
710
2dM..68. 1879.F&A
95 100
100 109 111
California
Cambria Iron(Pa.) 50 5*55
100
1312 North
ni. & St. L. Bridge—
60
North America
100 102% 103
Chicopee (Mass.) ..100 109% IIOI4 Calumet & Hecla
Ist, 7s,K.. 1900.AcfcO
;7r>
80
Old
Boston
50 H2
Cashier
Cocheeo (N.U.)....500 580 600
64
2d M.,78,g.,l!»01 J&J ;32
37
People's
6I2 ChoUar-Potosi
100 145 1,50
Collins Co. (Conn.).. 10
100
3d, 7b, g., 1880. M&S
6
:5
10
Eodcmption
loO
Cleveland
125 127
Continental (Me.). 100
Gold
TmriKU.,l8t,£,9s,g. •35
43
10
47
45
Repu'olic
100 126 127
Dougl's Axe (Mass) 100
Consol. North Slope...:
MaiiiiDsa Gold I,.&M.98
99
100 10212 104
Consol. Virginia. ..100!
Oou.'i. .M.. 7e, '8G.J&J
DwigUt (.Mass.). ...500 400 410
I212 gevore
Rockland
100 120 125
Everett (.M.a.s.s.)...100
Confidence Silver. 1001
Meru.Tr.n-al est. ni.,79
8890
97 100
Second Nat
Franklin (Me.).... 100
Crown Point
100 135 I35I3
N. Ell}.'. M.8eciiiity,78
47
52
1001
7
Security
Great Falls (N. H.)100
Dahlonega
'13
100 190 200
Pullni'ii Palace Cai —
891s 90
Shawmut
Hamilton
Eureka
loO; 104
2d M., 88, '81..M&N 95
105
Consol
(Ma.ss.) 1000 885
100 39
895
Shoo & Leather
100' 100
Hartf. Carpet (Ct.)lOO 217
3d series, 88,'87F&A
Exchequer G. & S.IOO
102
92 12
222
Stirte
Hill
•26
Gold
4tU do
(Me)
100, II312 114
9II3
Placer
•27
100
55
88,'92F&A
52
Sntfolk
100' 112
Holyokc W. Powcr.lOO 143 150
Gould & Curry S..100
8tlK,7.s,g.,1885A<feO
114
12
ThirdNat
Del)(.-iit'(),78,'78 A&O
Jackson CS. H.)..nO0 1000 1050 Grant
lOOi 83
85
100
Traders'
Bt.Cljailes Bridge— lOs
Kcarsarge
loo 92
Grand Prize
95
100
80
90
Treraout
U. 8.MV.«8,g. £.J&D 'lOOii! 101J« Lacouia(Me)
lOo! 103i« 104
Granville Gold Co.
400 400 410
1
Union
Lancaster M.(N.H)400 630
100 13012 131
Hale & Norcross. .100
6*.K.. *
11
Washington
Western Union Tel.—
Lawrence (Mass.) 1000 1265 i'27.5 Henry Tunnel Co
100 126 127
Webster
7s, coup., 1900.M&N 10978 110
Lowell (Mass)
Hukill
loo
96
97
690 550 5 GO
4-20
7h re;,'., 1900.. M&N 110
Lowell Bleacheiy.200 220 230
tnnierial
StorlV 0«, 1900.M&8 102
Brooklyn.
Lowell Mach.Shop.SOO 715
30 j.fulia
ido
6
Atlantic
Anier'n .SS.Co.(Pliil.)
Lyman M. (Mass.). 100 70
Justice
90
96
100
72
6.S, K. C, 1890.. A&O
Manchester (N.H.) 100 11212
76
|Kentuck
80
Cia Brooklyn
First ^^ltional
176" 196"
Mass. Cotton
1000 1050 1065 Kings Mountain
1-65
Fiiltoii
iniSC'£.L.ANEOVS
Merrimack (Mass) 1000 1260 1270 Kossuth
95
85
50
City N ational
STOCKS.
Middlese.\ (Mass.). 100 165
Lacrosse
170
200 230
•29
Nashua (N. H.)....500 .525
Commercial
Leojiard
100
90
100
2%
Amer. Dlst. Tel.
Naumkeag (Jlass.)lOO 87I2 8SI2 I..eviathau
25
20
90 100
80 Long Island
Allan. A- Pac. Tel. 100
N. E. Glass (5Iass.)440
Manufacturers'
26
27
Lucerne
95
35
50
90
10
Boston Land
2I2 Pacitlc (Mass.)... 1000 1675
Mechanics'
10
2^4
•26'
•05
1725 Memphis
150 160
Boston Water Power..
2i58 Penn. Salt Mfg. Co.,50
Nassau
Merrimac Silver
2'a
150 160
70
10
Brookline Land
Brooklyn Trust
5
l^s
1% Peiiperell(.Me.)....500
Mexican G. & Silv.lOO 24
735
Canton Co. (Bait.). 100
Salisbury (Ma.ss.)..100
16
20
Moose
90 300
6
Charleston.
Gary Inipr'in't(Bo8t.)5
Salmon
Falls(.\-.n.)300
Mont Bross
10c,
230 235
10
B'k of Chas.(NB.\) 100
45
Cent. N.J. L'dlmp.lOO
Sandw.(;i:is.>i(.M:i.<fs.)80
N.Y. & Colorado
20
25
First Nat. Chas.. .1001
9"
100
Clu. & Cov. B'dge pref
Stark Mills (X.iDiooo 840
Northern Belle
860
100
People's
National.
100
85
Equitable Tr.(N.Y)100 100
TremonrA-S.(Ma38)100 115
102
120
Ontario
^^„
People'solS.C.(iiew)'2o
10
Ili. & St. L. Brldge.lOO
Tlioi-n(like(.Mass.)1000 700
Ophir Silver
720
lOO!
S.C.Loan&Tr.Co.lOo'
60
McKay .Sew'g Macli.lO
Union .Mfg. (.Md.)
jOrig.Comst'k GA: S 100
Union Bank of S. C.5o
40
Meic'ntileTr.(NY)100
Wa.sliingfn(Mass.)100
Overman G. & S. 100 40
80
N.E. MtK.Seciir.fBost.) 106 108
Weed Sew. .Al'e (Ct.)25
5'-(
Plum.is
Chicago.
8
4
O. Doiniiiion8S.Co.100
WilUm'tic Liueu(Ct)25
140
64
66 |K.ayniond & Ely. .100
514 Commercial Nat... 100
2
Paciflc .Mail .SS. Co. 100
Corn Exch. Nat.. .100 130
18%
18^2 York Co. (Me.)
2I4
750 1200 1225 St. Joseph Lead
3I2
10
Prod. Coiis.L'd <fe Pctr.
136"
Fifth National
ISavage GokUt Silv.lOO
100'
12
Pnlliu'n Palace CarlOO
First National
71
Seat on con .sol
73
•65"
100' 175
55
St. l^juis Transfer Co
Hide and Leather
35
Segregated Beleh'ribo
90
Un. SIining(Tenu.).10
COAt & IttlSCEL.
Home
'.Sien;i .\e\ adaSilv.lOO
National
...lool
44
56
Union Trust
100
Silver City
Merchants' Nat.. .100 ..
loO
U.S. Trust Co
MINING STOCKS.
100 315
!Nat. B'kof Ulinois.lOOl ....
Silver Hill
106
loO
V. S. Moi-t.Co.(NY)100
Northwestern Nat. 100
Southern StarGitSlOO
1-70
west. Union Tel. ..100
Coal
25
28
93 14 American
Union
Tip
National
Top
100
Big Mountain Coal. 10
1% Un.StoekY'dsNat.lOO
Utah
150
;;
Buck Mount'n Coal..50 §36
KXPKESS STCKS
42 13 Union Consol
•30
Butler Coal
Cincinnati.
25
Yellow Jacket
100
9
Cameron
Adams
First
Coal
National
10
100 104 105 12
American
Fourth National
100 48-'Sb 49 1^ Clinton C6al& Iron. 10
STOCKS.
United .States
Consol.Coal of Md. 100
German Banking Co..
25I2
100 47% 49
Wells Fargo
Merchants' National..
Baltimore.
100 8968 90 "2 Cumberrd Coalc&I.lOO
George's Cr'k C'l (Md.)
Nat. Bank Commerce.
Bank of Baltimore 100 114 115
Locust Mt. Coal ... 50
GAS STOCKS.
Bank of Commerce. 25 10
1212 Seeonil National
Marip'sa L.&M.CallOO
iThird
Chesapeake
National
27 12 30
25
Baltimore Gas
do
pref. 100
Citizens'
100 95 109
1=8
10
12% 13=8
Cleveland.
do
Maryland
Coal
Com.
1 00
certs... 100
& Farmers'.. 100 102 105 ICitizens'S. & L....100
102
New Creek Coal
Peoplc'8G.L.ofBalt.25
Farmers' B'k of Aid. 30
10
15
16
30 jCoinmereial Nat .100
Boston GasligUt... 500 775 780
N.Y. & .Middle Coal.25
Farmers' & Merch. .40
34
36
First Nat
100
East Bo.ston
Fariiiers'.i;Planters'25
25
3214I Pennsylvania Coal 50
32
165
31
33
Merchants' Nat... 100
South Boston. ... 100 115>2 116
Pilot Knob I. (St.DlOO
First
Nat. of Bait.. 100 106
25
118
National
City
100
Brookline, Mass... 100 112
[Franklin
6I2
lyig
12
13
7I2 OhioNat
11214 Quicksilver Miu'g.lOO
loo
Cainl)ri<l!,'c, Mass.. 100
do
pref...
German American..
31
35
ISO's 131
101
Second Nat
100
Chelsea O.L
St. Nicholas Coal
Howard
10
100 101
1
lOlifi'
7
.San Juan Sil. MIn.lOO
XJorche.ster, Mass. 100
Marine
Hartford.
95 12 96
1
30 28
Jamnica Pl.aiii
8. liaph'lSi!.,Mob.lOO
Mech.anics'
100 116 118
1212
lOO'
10
9% _. ^tnaNat
liawrencc, Mass... 100 123
do
pref. 100
Merchants'
American Nat
50'
15
20
ioo 104121106
12314
y'lin, .Mass., Gas. .100
Shainokm Coal.
National Exeh'ge 100
Cliartcr Oak Nat..l00|
25
84%! 85
98
JIOO
Spring .Mount. Coal..50
Maid. Ac Melrose.. 100
People's
City Nat
25
lOo'
60
80
I912 20
83
Newton & Wafn ..100 117 118
Westiuinelaiid Coal. 50 559
Second National ..100 118
Conneotieut River.. .50|
61
Salein, Mass., Gas. 100
WUkesb. Coal Ji I. 100
Third National.... 100
Far. & Meeh. Nat. 100
lOO 101
95 100
Brooklyn, L. 1
iUuiou
First Nat
25 145 155
100
75
59
61
Citizens', Brooklyn. 20
Western
Harlf(n-(1
Nat
x7:<
i!ll20
100
80
2812 30
Meti-opolitan, fildyn
Mere:iiitile Nat
60
100
67
Kas-saii, Brooklyn
BOSTON MINING
25
Natiiin.il Exchange. 50
72
Boston.
76
People's, Brooklj-n.lO
(Atlantic
20
30
100
.100 12G ,12614 PlKeiiix Nat
Wlirianisl>-g. B'klyn .50
STOCKS.
Atlas
State
80
..100 112 I113
100
90
Charle8t'n,8.C.,<las.25
Blackstone
23
-.100
9312,
Allouez
91
liOnlsvllIe.
Chicago G.& Coke. 100 140
50
Blue Hill
..100
"25
90
1421a
Calumet
91
&
Hecia
Bank
of
Kentucky
CJuciunnti O. & Coke
I7712 178
Boston Nat.
..100
Central
93
95
Bank of Loiiisville
Hartford, Ct., O. L..25 "46'
25
30
49" Copper
Boylston
-.100
^„„ 107 [108
Falls.... ;r '50
Citizens' National.
Jersey C.& Ho!,ok'n 20 150
II4
1% Broadway
160
100
Dana
82
85
City Nat
People'H, Jersey C,
25
10c. Bunker Hill....
'"'20
100 155 160
Dawson Sliver..
Commercial of Ky
loulsvilfo a. L..
5c. lOo. Central
100
Duncan Silver.... '20
81
83
Falls City Tobacco..
Mohlle (ins i Coke.
3l8
3
75
2"
100
108
Franklin
9\y-::
109
12
Farmers'
Central of N. Y.
of K.v
5
7 (Columbian
50
""25
85
100 130 131
Humboldt
Farmers' & Drovers'
Harlem, N. Y
",50
30e,
20c.
Commerce
70
80
100 76
[ntemalional 8ilver20
78
PiratNat
Manhattan, N.Y.. 50 180 185
40c. 50c, Commonwealth
loo 90
Madison
9012 German Ins. Co.'s...
25
MetrojMilitan, N.Y.IOO 130
99
50c. Continental
135
100 85
Mesnard
88
2,5
German
j;""i'-i)'al
101
"25c' 50c. gas'e
...100
95
98
Minnesota
100
104 IO412 German National. ..
Mutual of N. Y.
2.5
104
50c,
lOOo.
100
Eleventh
Ward.... 100
15
Kentucky Nat
Mewyoik,N.Y....100 'oiifl 80 National
106 107
25o. 50c. gUof
Osceola
100 105 jlOG
Louisville Ins. & B. Co 1.50
K. Orleans G.L... 100
151
25
7
10
"25
Exobango
091a iooia Petherick
100 I3412I35
N. Lll.erties, Phila..25
Masonic
80
5o. Everett
100
Pewablc
91
93
25
Merchants' N.ational..
Washington, Phlla..
90
lifl
•45
FaneuU
49
Hall
Phenix
100 126 128
50
Northern of Kj'
Portland, Me., O.L.50
107
irst National.
75
76
100 173 175
.;:25 "13
Bt. Louis G. L
People's
8»i"ey
14
50 40
First Ward
50
Kidge
loo
83
8314
Second Nat
l^Ierte. St. f^uJs.lOO
25
80
lis
158 Foui^th National.. 100
95
Kockland
80
12
81
Seciirit.y
CaronileN't
25
125
50
25c. Freemans'
70
Star
*25
loo 97 100
Ban Francisco G L,
Third National
25c. Olobe
94
94 14 Suiierior
100
92
....... 25
14
92% Western
5o. Hamilton
100 102 104
Wcst'n Finauc'l C'p'u
• PrUonomluol; no
late tranaaottons. tTUe purchaser
also pays accrued int.
; In Loudon.
J (Juotatiou per share.
£6h.ic.. 1904. ..J.U
Mort. <is,){.,1904J&J

88^ 90
88% 90

Ara.B.H.S.M.(Pa.ll2i2

Amoskcag

(N.H.) 1000

.

.

I

I

. .

.

1

I

. .

I

.

.

I

;

BANK

,

.

.

.

. . . .

.

.

.

. .

.

I

.

I

!

.

.

. . .

. .

1'

.

,

! ! ! !

5

ACQP^T

—

.

THK CHRONICLE.

1878.]

31.

.

22.1

GENERAL (JUOTATIONS OF STOCKS AND HONDS— Concludbd.
For KxplauadutiH Hoe
BAKK Stock*.

Ask.

Bill.

Bank Stock*.

BO 10
100 iin

niiiiknf Mobile

Nut

100
B'k of Aln28

Nut. (.'immiurclnl
jjoutlicru

.

72»ii

.

18

120
75
20
1

Montreal.
10.%

N. America....

riritlKli

50 111<« 112

('(mmirrci'

7G^

ItK)

c.iiMoliiliUfHl

50 121
X
iiO
Im ('.•uple
i;at<triii TowusUlps 50 104 1«
100 78
Kx.liniiKO
Fcilcnil
100 104
Hiiiiilltoi]
100 9fl
100 102>ii
iiiir- villi
43
Curtlcr...lOO
^l
100
.me
1<«'
MnUiJutg'
!<

7a
105
82
100
44

,1

''''

MoIbous
Montreal
^ •i"n»le

-<"•

M

II

.Marie

Viii<;

125

Nal.lfkliiiHililicv.IOO
'National Hcriirlty.KK)

•80

ircoplc'8

PhilailelnliiaNat..lOO

Second Nat
.Seventh Nat

104

100
100
100
50
100

IsixtliNat

!»5% Sontliwark
Nat
Sprin;; (iardou

80

RoTere

26
05
128
85

105

100
,80

Portland, Me.

Onal

Banking. .100
100
100
mrmanlii N:it
100
^^miaNiit
Jc

67ia

Otizens'

Iiafayette
Lmiisiivnn Nat..

"so"

85

151
141

Nat. Bk of VirgiuialOO
Planters' Nat
100
State Bank of Va.lOO

80
80

105
73

70

i;aiik.,\:

"'

05
100 145

Cincinnati.

Amaznn(new

20
25
20
Commercial
25
Eagle
100
Enterprise
20
Eureka
20
Fidelity
20
Flremen'8
20
Ocrmanla
20
Ololie
20
Merchants'^ Manuf 20
Miami Valley
50
National
100
Union
20
Washington
20
Western
25
stock)

Cincinnati
Citizens'

Conn.

iEtna Fire
Atla8 Insnrance..
Conneotleat
Hartford
National
Orient
PhoenlxJ

100
.100

Steam Boiler

100
100
100
100
100
40

45
ISO
75
135
115
79
85
05
120
115

50
13S
80

100 125

liO

&

70

Uroc'rs'lOO

25
vi'ii Drover825
National.. 100

:va.v

B'k of Commerce. .100 305
Comracrcial
100
Contineu tal
100

100

Excllaliv'e

55

62 is Fomtli National ..100 203
05
Interniitioniil
100
75
Lucas
.a
100 ;i500
Mechanics'
100 40
lOOi
6
Morcliant.s',
Old
>•
25;100
64
Mei-clniiits' Nat ...100
rce
100 118 1'20
St. Tioiiis National. 100
ntal
lOO! 76
75
Third N,itional.-..100
i.xchange ...100 120
60
Valley National. 100
1-; Uiver
25 ;85
K. \. uiU Ward
25
iiiKi National
lOOi 350
8an Francisco.
Foiu-tliNatiouul.-.lOO
95
98
Kiillon
.30 130
1.50
100
-•ViiKlo-California
I-ifth Avenue
100 225
81
Bank of CiUifornia
i-a!;itin National ..50 114
FranciscolOO
B'k
of
S.
';•!!! II! .\merican. .7.5
85
8!) is
<i"ld....l(X)
First Nat.
Ilia
100
97
Orangor.s' B'k of C.IOO
Ucb
25 :90
38
Mcrcliants' Jixcli. 100
i>'
401
63
115
Pacific
liiiiiver
100 100
Importers' & Tr...lOO 197 200
Ir V n t'
50
112
r..iitlier M,'vuiift8..100
160
Maiiliattau
50
140
M.iimf. & Merch't8.20
88
FIBE IN8UR>C£
Mi'iii,.
100
85
.Miikit
100 100^2
STOCKS.
M.
laniCR'
25 127
iilcs' B. Ass'nSO ; 50
;

25U01

•u

I

. .

310
130
67
60
210
95
SO
42
7
67
100
77
62

i

Lancashire F. & L. .20
London Ass. Corp.. 25
Liv. & Lond. & Globe 2l
North'n Flre&Llfe 100
North Brit. & Mer..50
Queen Fire & Lite.. 10
Royal Insurance
20

IRifl

74
49

19

76
151

105
82

'

"oo'

100
40
118

.

35s

3'h
22>4

21%

X.55

60
75

I2I2

15

x45

50
60
75
35

x70

& M. .50 x30

Orleans.

hies"

mile

A

921s;

and Traders'

10313

50

Firemen's

Germania
Hibernia

7413

Home

21 13

Lafayette
Merchants' Mutual ...
Mechanics' & Traders'
New Orleans Ins. Ass'u
New Orleans Ins. Co

100

75

.

2714

.50

121

MerclianU' KxcU'geSO
Miln.politau
100

70

Hants-

'i.r.

100
80
lOO 111

Nas.'iau

New York

N. Y. Nat. ExcU'gelOO
.Vew York County. 100
X mill National
100
Siirth .Vmerlca
-V'lrtli

'I'al

1

'i'

Ag8ociate Firemen's.
Baltimore Firo rn.i.10
Firemen's Insnr'ce. 18
Howard Fire
5

Maryland
75

Fi re

85
28

40

7

51a

79

Tentonia

11

!'•

1

""

Citizens'

6

City
Clinton

Commerce Fire

Boston.

100

Alliance

65
95
140

80
125
108
»2ia
1140

135
,

200

Plilladelphla.§
100

50 245 249
Fire Association
Franklin Firo
lOOJ
341*
Delaware Mutual.. .25 •ii
27i« 28
Ins. Co. of N. Am'ca 10
Ins. Co. State of Pa 200
Pennsylvania Fire 100

Rlcbmond.
100
100
Merchauts'&Mech.lOO
Piedm't& A. Life. 100
Virginia F.
25
Virginia Home
100
Virginia State
25

80

80

&M

85

02

37
100

24
100 100
100 100

25

American Central. 25
Citizena'

Franklin

100
100

75

Pacific

75
15

80
25

"

—

I

. . .

.

115

110
112
115

70

60

30
200
2(H>

130
125

60
136

210
110
75
125

105
45
100

i'16'

60
110

45
140
110

1861
1875

70
120
127
100
114

Mutmtl—

1875
1876
1877
1878
Commerclol Mutual—
1871
1878
Now York Mutual—
1864
1876
Orient Mutual—
Pooltlo

40

110

Neiv York.
Atlantic

55

2,55

.

inABINE INS.
SCRIP ice.

150
125

11-ia

.

.

100 112

65
100
Firemen's Fund... 100 105
State Investment. 100 110
100 112
Union

Commercial

100

30
100 55
50
100 165
40
100 105
100
30
50 125

Columbia

Commercial

"lie's

55

25 190
17
20 170
70 120
100 110

Continental
Eagle
Empire City
95
100
25
Emporium
133
134
American
F. & M. .100
•'
ix
20 90 100
Exchange
111%
112
Boston
100
l^'!' ''lie
83I2I
100 92
1'20
Farragut
115
.Mnt.F&MIOO
Boylsfu
-•
d National. 100 tSl^s
17
94 12' 95
Firemen's
Commonwealth.
..100
~' .• .i-.!i Ward
100
10
Firemen's Pimrt
116
Dwelling House. ..10' 114
Shoe * Leiitlier.
100 107
10
Firemen's Trust
135
Eliot....
..100
1351a
BtNicliolna
100
85
100
Franklin
70
Faneullllall
KX) 60
gtateof N. Y.(new)100
100
100
German-American
151
152
Firemen's
100
Tenth National
100
50
Germania.
Franklin
70
100 65
Tradesmen's
40
... .50
.Manufacturers'. ..100 125
1251a Globe
Union
50 140
...25
Greenwich..
Mass. Mutual
109
110
100
...100
.Mechanics' Mutual 100
80
801s' Guaranty..
Phlladpli>lila.§
..100
Mercantile F. A M.lOO 130
I3014 (Juardian..
.15
Neptune I', ifc M.KK) 126 1261s; Hamilton
B'k of N. America .100 237
.50
8OI4
Hanover
240
N.Kugl'd Mnt.F&MlfX)
80
Central National. .100 175
50
Hoffman
180
North America
100 lUi>s 118
City National
100
50 85
90
Home
Prescott
100 122 125
j

Westchester

Marine.:

82

Brewcrs'&M'lst'rs.lOO

7
i'sis

Stuyvesant

California

25

4II2 Brooklyn
51a

85

97

San Francisco.

26% Broadway

26 '4

80

Jefferson...... ....100

IO312

:

10

Merchants' Mutual. 50
75 >4 National Fire
10

70
74»s
50
100
25
50J125
100 901s 91

Hiver

"'>

120
80
112

195
.'..'.'.I

St. Ijoals.

People's

Sun Mutual

100
American
50 130
American Exch.-.IOO 95
Amity
100
Arctic
20
Atlantic
50
Binvery
25 190

Baltintore.

115

118
240
115

22%

2513

«tna

Tr.. .25

120

110
«0
105

Granite

Crescent Mutual

Adriatic

!

'

»S

50
100
100
25
25 125
25 125
10 100

City

Newr York.

.

90
110

40 "n 4Ha
45 J4 45%

',

'

»0

lO's Williamsburg
City. .50 190

1

'

8.5

70

Union

,

100
100

.52

.Standard
Star
Sterltag

8I4 Tradesmen's
United States

8

Planters'

Factors'

10<»

Ki's

x57
x70

New

00

40

6H

Citizens' Mutual... 100
Factors'* Trad's' Mut.
Mobile Firo I>cp't-.25
Mobile Mutual
70|

Stonewall
Wash'ton Fire

140
175

.00 143

100
Lenox
25
Long IsI'd (B'klyn). 00
I.<irill»rd
25
Manuf. A KuUdors'lOO
Manhattan
100
Meoh. A Traders'. .25

American Fire

& Merch.Mut

H.5

30
.90

Lamar

St. NIelioi.as

London.

Hope

.

Jeffomon
Kings Co. (Il'klyn)
Knlckerbiwkor
Ukfuyetto (B'klyn)

110
107

.

St. Liouis.

131

102% IO314

Brkers A. 1(H)

flO

^

ino
80
130
126'
100
160
90
Mechanics' (B'ktyn)50 160
100
SO
Mercantile
50
125
Merchants'
50 134
120
Metropolitan
30
871a 90
.Montauk (B'klyn).. SO 110
117 121
Nassau (B'klyn)
SO
115 125
National
37ia 103
110 115
55
New
York
City
.50
60
N. Y. E<piitable
35 175
90
88
New
York Fire.... 100
120 1221a Niagara
.50 110
North River
26 110
2: 220
PaciHo
Park
100 105
213 216
Peter Cooper
20 175
People's
50 115
36
33
Phenlx (B'klyn).....50 110
101 103
Produce Excliangc 100 50
217 220
Relief
.50
125 130
70
Reimblic
100
100 102
RIdgcwood
100 90
195 200
Rutgers'
100 100
54
58
Safeguard
100 110

mobile.

.\incrlcan E.xcliVelOO

20

Hope

BM.

150

New Tork.
America

STOCKII.

Washington

Commere'l Union. *50
Guardian
100
Imperial Firo
100

Bank

60

ImORAROB

HnfTolk Mutual... .100

135
105
134

20
25
First Nat
100 110
Meichant.s' Nat... UK)

City

50 421s
50
100 100
100
12
; 25

. . .

Nat

Richmond, Va.

90

.\('w()ilcau8Nat..lOO
IVoi'lc's

54

102

Meciiaiiics' & Tr»(1..20
Mnliini Nat
100

-"iitliem
-•atf Nat
i:alon
Worklngini'u'9.

First

ioifl

.50

100 140
100, 134
Mcrcliants' Nat
75 104
National Traders'. 100 133

7112 CaseoNat

00

100

..

52
1.50

50
00

F.AM.. 100 130

I,.

Hartfl>rd,

62«!i

CiiinherlandNat.. .40
Canal Nat
100

100
100

Ask.

Bid.

80 100
01
Howard
1301a Importers' A Trad .. 50,
HO
100!
100
Irving

100
125
59

80

N«%v Orleans-

INBURAXCR Stocks.

Shoe*

,50

riilrdNat
100
ilnUm Banking Co. 100
Union Nat
.50
78»a! Western Nat
50
139
West Philadclp lila. 1 00

Flrat Paice or Cliiotatlonit.

Sliawmiit

50
100

jHonu National

83

82

77 >«
100 136
60
100
100 60

,.r<l

"ito

l"i

Na(.li'kN.I.ili<rti€S8,50

JJd Ward

40
100

r 11!

50 *5»
Commercial Nat
romrannwcalth Nat 50
('on.Hiilldallim Nat.. 30
52
Cmii i;x( ImuKoNat.SO
Kinlilli Nat
1.57
100
I'irstNat
E'-anni'rH'&Mccll.N. 100 120
58
(liriinl.Vational ....40
•55
KciisiiiKliiii Nat
.50
25
.MuMll|alllll(^rH'Nat.25
91
.Mcihiini.s' Nat.. ..100
Nal. Il'k Commerce. .50

77'a Nat.li'k (i<-rmaiit'n..50

DniiiinUm

I

Ask.

Bid.

—

noblle.
I'-irM

Head of

iVol«a nt

Mutual—

99
98
97

102
100 >g
99

92
70

Price nominal

;

no late transactions.

5

Quotation per shore.

t

Asaessneut paid.

i

00
75

80
00

80
SO

87i«

00
50

II

•

98>9

80
60

—

1863
1876
Union Mutual—
1864
-...
1876
Great Western stock..
Heroantilo stock
Sun stock

101

L »' P^oo "»•» ""»""' P«M»<"ii» 29tU

60
so

:

.

.

.

.

THE CHRONIC LK

226

%nm5tmcnis
STATE, CITY AND CORPORATION FINANCES.
The Investors' Supplement

is

published on the last Saturday

ot each month, and furnished to all regular Bubncribers of the
Chsonicle. No single copies of the Supplement are sold at the
office, as only a sufficient number is printed to supply regular
subscribers. One number of the Supplement, however, is bound
up with Thk Financial Review (Annual), and can be purchased
in that shape.

ANNUAL

REPORTS.

[Vol. XXVII.

This decrease in number of bales hauled ig
15,695 baies.
more
apparent than leal, and is accounted for in the shipments
from
Shreveport, from which point there were forwarded last year
bv
During the previous year, because of the
rail, 9,245 bales.
low
stage of water in Red riv r, there were shipped bv rail
from
Shreveport 43,073 bales of cotton, showing a deficit of 33 797
bales in the rail shipments from that station. This forced shipment by rail was made at very low rates, and was, most of it
a
second handling of cotton that had been hauled into Shreveport
over your road. The number of original bales handled duiine
nng
the year undoubtedly exceeded that of the previous year.
CONDENSED BALANCE SHEET GENERAL LEDGER.
Tfxas db Pac tic Eailway Co., May 31, 1878.

—

Construction account
all the expenditures for survey and location of
miles of lino west fmra Fort Worth and for constractlon
work and material on line in California, and between Sherman
and Fort Worth, in addition 10 construcliog and equipping
° 444
miles of road in operation in Texas and Louisiana.)
1.4.')7

Texas

&

Pacific.

{For the fiscal year ending May 3Ut, 1878.)
The annual report just issued contains the following:
The number of miles of road (main track) operated was the

same

at the

commencement

as at the close of

From Shreveport to Fort Worth....?.
From Tcxark ana to Sherman
From Marshall to Texarkana Jatction

year,

tlie

SI9'69

165J2

Cash

and

is

i

!..!!..'....].'. '..'!'..!..!

TotaUcDClh of main track
The average number of miles operated theprevioueyear was!!.!!!

69 05

443^

Which f how8 an

Increase over last year of
jg.ji
receipts and disbursements of your company from and for
account of transportation, compared with the previous year, were
as follows:

—

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

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

GROSS EARNINGS.

'

'

1877-73.
$593,691

!!.!"*

19,8J9

I,6«i.6l5
80,979
24, 73

:l,801

n,437

4,581

5.280

ai'na'S
'

*.V.!
.'

ao 04^ 4'i?
i'^m
WORKING EXPENSES.

Total

ta,.331.3I0

."...!!

Per mile of road operated

/,,..,
CoEdacling transportation
.

Motivepower
Maintenance of cars
Maintenance of way
General expenses

5,S60

t4.35 rSO
.SOs'437

$447,083
358,-; 83

i.qi'fi)?

117,452
184,526
40,593

'

4^5047

!!

!!!!!!!!!!!!

so'474

Total
$l,35M't5
$1,448,439
Per mile of road operated
3.262
ToLal transportation receipts for the year
.9 ,,, .„„
Total worliing expenses for the year, 62 lS-100 per
cent.'..'." ...!.;.;
1,448439
Ket earnings

—

1832,870

Additional charges to expense account:
For charter and legal expenses

tiA rkr

<Jeneral office expenses

ucnno

?,'™
Ii,f69

Insurance

Taxes

57,6)4

Totol amount of additional charges,

Net revenue

6 57-100

per cent

153,179

31 3C-1O0 per cent of gross earnings

With which to pay
Interest on 1st mortsage bonds
!
Interest on consolidated mortgage
bonds" !
Interest on floating indebtcdnesi
Premium on gold and exchange
"
Total interest payments

sSTegl

'

'

«,Qa ,.„
',

4.>-i?2

l^'l^

.

irAA
^1,553

'

S9,3.30

4n,833

'..,"!
!!"

Material on hand

Suspense aicjunt

U9,71»
35,113

Capitaistock
First niort. 6 p.

c. gold, $8,000 per mile, bonds— payable'viar 'i'io's
c. gold, construction bonds— payable June L1905
d grant 7 per cent cuirency bonds
$fi,439 00

Surplas on years business
"TTJ
In gross earnings, compared
with Vhe previous v'eftr';i,'«r»J!j!
an increase of $287,857 05, or 14
9-100 per cent
'^°'^'^=°g
expenses, the increase was but
I95 993 40 „r 7in inn
la^net earnings, the increase^^'^^^ltel
6lVr%T8o':roO per

inw-v

Income and

lar

.
An

'

Old land grant bonds outsiandiiig
" l'o6j'oo0
Coupons old land grant bonds to be funded in new income and land grai t bonds
1PA 29^
State of Texas Pchool-fund loan
'.".'....
Bond scrip, fractional, redeemab'e in bonds on oresentation

Interest scjip

'

"rrrfloq?

18)'lM
<\i\\k

0™

"".

Town-lot saes
Texas land sales
Coupons payable iunel, 167S
Balance M. & E. P. bond account
Balance of income account
Accounts nayabie, current balances
Bills payable

.X'rS
li'BiT

^'.^tm

2«'l«
a-ii'ais
ais'sfi*

.'.'.'.'

!!!!!!!!!!!.!!!!!!!

300,7a

?=^PJ»<liture is for account of 4,851,702 acres of land in Texas'
most
of It withm the company's reservation. These lands are
mortgaged to secnra
the income and land grant bonds (registered) issued by
the comuanv
I"''.'.'

,*

t

This

IS

represented by about

8,00il acres of land in San Jiego.
be notici'd that during tlie year capital stock account
has
been decreased |464,900; that |497,000 of the old land grant
bonds, with $62,.580 of past-due coupons have been
withdrawn
and deposited with the trustees of the new income and land-o-rant
mortgage and that $189,000 of old construction bonds, outstandingat the date of last report, as collateral for construction company
obligations not tben matured (being tbe balance outstanding
under
that mortgage), have also been received during the
year.
Thi«
reduction of capital stock account and in the old land-grant
mortgage bond and coupon accounts has been made under the adjustment contract previously authorized; and new income
and
land-graut bonJs and scrip have been issued -.inder
the same

It will

;

contract.
In this connection, it is proper to state that
out of $9 130 550
of original indebtedness of the California &
Texas Railway Construction Company, of which $655,639 were
unliquidated at the
date of the last annual report, $8,988,150
have been paid In full.
leaving but $142,400 outstanding at tbis time and
the officers of
that company are confident of being
able to provide for the
remainder of this indebteduess before many
months

during the past year $347,000 first mort™'^^ ^°°<^^' '*"" !'»''« "jetted tlie company in
''^'"^ '.!.^* ^-^^ P«' •="">» °f 'l^^'f f''<=« ^*1"«
and
il'^^f^^-^J}- consolidated
$4v,000o(the
mortgage bonds have also been dis''^^° ?ol'l

<,J» l«

^^u

nm^ P",

»*m, sS,

;

posed

of.

ASSPTS

from passenger
Last year they were

3"5-°'nco
7'548'ca!

•

The following is a table of the
company on May 81st, 1878:

receipts

*''"'ms'lliil

Consol. mor'. 6 p.

;

.

$679,602

The

63000

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

in treasury

'

$521,193
1449 988

239,116
44J
13,519
877,516
£07,000

.'..*.'.*.'.".".'.'

414T;

!.'.!.

The

Jrom passengers
From freight
From U. S. mail service
From express
From telegraph
From misce.laneons

'

;

Land department expenditures*
Real estate
San Diego land donationt
PropeTy account bonds and stock
First mortgage bonds in treasury
Consolidated raorlgaye bonds In treasury
Bills and accounts receivable

described as follows:

540 o^o

».;g

iWhich incudes

traffic
were
""'<-*"<!

$5S2,691
6S4,I98

.

increase of 13 1-10 per cent
or

assets

and

liabilities of your
'

f

••-- S JC—
SSr
^^V^t:?::::E: ^
Total amount of assets.

.

.

$632,680

U^

Le.nnei-!;;

Totaiiiabiuties....

55,850

(90^,396

|

LANB DEPAKTMENT.
E.tfSSssir."'."'.':".'."' »•«•«««

»>».

] iJ49

Showing an

increase of

entitled, under grants from the
Stfteo'f
T«^i'T«n"4oHf",T«
State
of Texas,
to 8,0.^3 25 100 sections ot land
of GIO acres each, in
all 4,716,342 acres
of~ land
and title to 21H sections, or 185,S«0
additional acres, will, it
^'i^'^d,
ultimately vest \a your com.
Zkinr»'7,"'^' ' "^.''.'^51,703
'i >f
acres of land owned bv your
coZ'anv^'°I? .V;
*^<^"'°° '« '!»« above, 1,000 certificates
(640,000
tl^« company have been
transferred to the FidelUvTn«rr»n!.« \^
"*'" "'P°'" Company, of Philadelphia, in
rust under in

4.." „,»..„

U 5-10 per cent, or

g;g

Zv

~ir,7,7-

^'}^J:^^?^^^ SerasV^"^"^
n

acre^Wni

°'

*i'«5
in rate per
ton
per mile, compared with last
^"*
year was
'nn «f :, le per
per ton per mile. The
<=«°t
°?-*" -""-^ P" cent
percentageTcreTse --"was:
local, 6 per cent;
through, 1 per cent; average,
y^-lO per cent
P»"en8«s carried one mile was..
y«r

U«

?t"^.*«^_°f

?«;"*"«"» between your

company and certkin
part ;« renr«
*°'"«'§^° '"'"««^' '=l«""'°g
" !'«> "?»»
a portion o^ftl.«tr'?i °^ "
""'* reservation, a clear title To which has
been nerfpitin '""^"
^f
agreement that was first authorized and
5°
subseo?,P„,l,
"'"'" "^ f°^'"''l ^'"^^ a°'l "^^er of the
United S?»tL''PpP'°?'^
P""°°- °' «!'''«« '""^s, about 80,000
acres Willi? K°r""^"'"^^ '^' '"""' ^'"- ^^ ^-='>"^'-y«'l
to youT

15,001,800
13,886,499

Showing a gain of

8 per cent, or

Showing a gain of

17 6-10

A

.

per cent, or

.

company"^'

43,369,881

.

7,652iw3

weTe'asnr-i^ci
were
^30,ld3

I'liP"*",'* '^^K'^S''^ 214,438 bales
last vear tl,«v
balea, showing a decrease nf a q in
"*-^
^
uoLreaae ot
"6
8-10 per cent, or
;

^""^ surveyed by the company, with proper
ma^Vnd'filiH
"«'<i "^'f^
notes filed in the State land office
-"T"-""
at Austin, and
™tf;fi".Jt'5°°.'««
certificates or natents i«=n^^ i„ .1
.
issued by tbe state
vesting title in your
.__ *^
<'nm,,.„„
company, amount
to
.

I

3,074,378 acres.

•

,

.

'

AroCBT

THE ('HRONICLE.

81, 1878.J

to the order of your
There »r.> in the stale land olUcc. »nbj»ct
ncref that have a
4!omD»nT 2r.4J'W-88 cerliftcateH (or l.«27.0:3
limit, of the re»^rvaiion_unt
prior riffbt of location within the
Your company has also In ila office for location 20 .il-040
1880
there aro unlocated balances,
Ofrtliical** for V2.^r,l ncrpo; and
acre«, which
which can be had when patenta issue, covering 2,430
o' loaccounts for all of the 4.801,702 acres. Of ll.e 3,074,3.8 »"/»
,

W

orlh.and 118,801
tort
cated landa ;!(i r.21» acres are situated eaflol
the 100th meridian;
acres are in counties between Fort Worth and
and 2 8^0,048 acres are west of the lOOh meridian. Of the 30,529
road, 34.59"> acres are
acres situated alon»f your present completed
timber lands, siiualed In the counties of Bowie, Red Uiver, Kains
and Van /-indt. It will be observed that a large proportion of
your company's lands lie west of the 100th meridian. The counmeridian is rapidly settling
try l>et;veen Fort Worth and the lOOlh
up and your In.ids in that vicinity are now being sought for, and
which state
are rapidly increaslntr in value. The low price at
and other lands are offered will retard sales somewhat, but as
«uch lands are generally taken up by actual settlers, your company is indirectly benelitted by their sale.
Arrangements are now being made to locate the 2,542 certificates now in the lan<i olfice. The holders of these certificates
have a prior right to location overall other certificates anywhere
within the limits of the company's reservation— at any time previous to January, 1880. East of the Pecos river most of the

—

lands available for agricultural purposes and for timber have
Ix'en already located.

227

not secured any righti to be on thia part of the public domala
before they (the Klo Grande Co.) were in occupancy; and that
their filing has not even yet been approved at WasblngloD.
It
Is iiBserted by opimneots of the Atchison Co. that It will not b«
likely to enter below, if not allowed to get out above.
Meanwhile, the Leadville mioei at the head of the Arkanaaa,
which are the real source of thi* dlipula for the gorg*, are
developing into more imporlanse than ever. And the recent
earnings ol both companiea, as well as of the Kansas Pacl6c, have

been unusually large.
The Important parts of the decree bearing directly upon the maia
points involved in thecontroversy between the two companies are
as follown:
" That the i njanctlon hcrctoroioawarded aiialniit the uld plalntllT (A. T.
8. F. Co.) hcrelu ho and the vninc Ik hcrcbjr dimolved, and that Mid plalntif
be at liberty to proce< d wlih tlie conatructlon and coaiplttlon of lu railroad
from Canon City in the ciiuntjr of Fremont, Ihronch Iho certain d. (lie known
as the Grand Canon of the Arkanuf, and alon|{ the line marked In Ita plat,

*

mjtp or proaio of the survey of tald road heretofore and on the Md day of
D. Ij77, flied wlih the rtecelverof the Land Olllce at Paoblo, Colorand bcarliiK the approral nf tho Hon. Carl Hchurz, SecrtHryof (be
Interior, to the end of the toentloth mile from Canon City,
markad oo *>I4
map. And that the said defendant (D. A It. (>.). iu offlcers, areata and
servants, do from henceforth ab^olately desiftt and refrain from preveatloj;.
obstructing or Interfering with the construction of the s»ld railroad alnnz
said line, or In any way or manner at'empilni{ so to do; hut that the said
defendant (D. & K. O.) be at liberty, nevertheless, to construct Its line nfratlro.id from canon City aforesaid throu;;b the said Canon and np the railejr
of the Arlcansaa upon any proper route which It may select within or without the ptalntitt'^s way or right of way, provided It do not In the cnnstmetloa
or operation thereof ol)struct or prevent or interfere with tho construction or
operation of tho plaintifTj said, road along tho line afore 'aid aud with llt>erty to the said defendant (D. & R O ), If necessary, to locale and cocatmetiu
Hue of railroad across the railroad of said plalntitl' upon the same K'ade therewith at the point or points, placd or places, of crossloz ; and that defendant
(D. & H. G.) have liberty at any time hereafter to eini d' lis bill In this or
la any court of competent jurisdicilon to compel th plalntlir(A. T. & S. F.)
to adhere to its tine aforesaid, and to so change the line of its said road, and
to locate and construct its road at all points on the line thereof as to pormit of
the convenient and proper locatlou and construction of defendant's road, or to
compel the pla ntiff to permit the defendant to occupy the track and roadway
of the plaintiff, If at any time in said dctlle it shail be Impracticable to con• • ''That if
veniently construct fcrSHfely operate two lines of railread.'*
the defendaiit (U. & It G.) shall lay its line of road in any part thereof
in that part of Said canon known as Royal Gorge," • • • ** supposed to
be about sixty-six hundred feet in length, on the apposlt<:> side of said rlrer
from the plaiulitl's road, then defendaui may proceed at once to the construction of its road lu those parts thereof but .whenever defendant's road shall,
within the limits above defined, be located upon the same side of the
river with the p]aintiff*8 road, the defendant shall not at any point
attempt to construct its road until tho plalntifi' shall have completed
Its road at such place ; provided plaintlfT shall con^plcte ita road between the
limits aforesaid within six months of the rendition of this decree."
.luly, A.

ado,

•

;

03NERAL INVESTMENT NEWS.
Chieajro & Michigan Ijilce Shore.— This road will be sold at
rand Kapids, Mich., Nov. 15, under a decree of foreclosure. It
The road from New Buffalo, Mich.,
will be sold in four lots: 1.
to Montague. 143 miles, this section being subject to a prior mort2. The line from Montague to Pentwater, 27
jpige for $.'500,000.
miles, with the right of way, &c., from Pentwater to Manistee. 3.
The branch from Holland "to Grand Rapids, 24^ miles. 4. The
branch Irom Muskegon to Big Rapids, 51 miles. Arrangements
Lave bet^nmade for the purchase oi the road by the bondholders.
<i

,

Comities in Missonrl.

— Suits

have been begun

;

in the

United

S:ales Circuit Court, in St. Loui?, against three counties in Missouri, to recover interest on bonds issued by the respeciive counThe suits are as follows: E. K.Thornton,
ties now over due.

I

1

.

of Kentucky, against Lincoln county, on coupons detached from
county bonds to the amount of $1,000, defaulted January, 1877;
C. 1j. Oeorge, of Iowa, against Ralls county, on coupons detached
from county bonds to the amount of f 5,800, defaulted in February, 1877 Joseph M. Douglass against Pike County, on coupons
detached from bonds issued by that county in behalf of Buffalo
Township to the amount of $0,250; coupons on bonds issued in
behalf of Cuivre Township to the amount of $10,820, and coupons on bonds issued in benalf of Peno Township to the amount
of $3,500. All these coupons were defaulted July, 1876.
;

Denver

A decision

—

GreeuTille & Columbia. At a meeting of bondholders in
Columbia, S. C, Aug. 20, a committee was appointed to confer
with the directors of the company and with the bondholders, and
to report a scheme for the settlement of the entire debi of the
company.
Illinois & St. Louis Bridge.— The London lifUway JVeioi, In
commenting upon this company's prnpoial for adjustment, says
" The capital is made up as follows
First mortgage bo da
$3,945.1001 Common stock
tS>7T9,<l9S
:

:

Second mortgage bonds

i.O.)0,0:Ki

Total
3.000,W)D
Rio Grande— Atchison Topeka & Sauta Fe.— Third mortgage bonds
was rendered at Denver,, Colorado, August 23, in the The capital of the Tunnel Company, which

&

$13,:ai,ii»5

I

United States Circuit Court for Colorado, Justice Hallett presidbetween the Denver & Rio Grande Railway Company and the Atchison Topeka & Santa Fe Railway
Company. In effect, the decision is that both companies have
the riglit of way through Grand Canon. So much interest has
been taken in this case, and so many conflicting statements issued
by the uresa, that wo have taken the pains to secure and now
print below the essential parts of the text of the decree of the
Court.
are informed that the Rio Grande Company will at
once proceed to build through the twenty miles of lower canon
At the same time, they still claim
to which this decision refers.
the exclusive right to their 200 feet width, granted by their
special act of Congress of 1872, and they have appealed to the
Supreme Court of the United States, and. the appeal has been
allowed.
Should they finally win, they will possess an exclusive
truant of the 2C0 feet width througli the canon, which is more
right ol way" than exists between its walls.
The lower Court was not willing to allow this claim, which was
.e objtct of the suit of the Rio Grande Company; but the prin:)le announced
by Judge Dillon as governing, towit, that
f quality is equity," seems
to have been as nearly as possible
rmulated in the decree. Where compliance with that principle
equality may not admit of two tracks, " the defendunt (D. &
H. G.) can occupy the track of the plaintiff."
But this would
robably in no place be necessary, either Irom physical dilflculties
ing, in the controversy

We

:

]

a separate organization, consists of $1^50,000, of which $400,000 only are in the
form of shares.
" Very shortly after the completion of this great work the concern fell into difSculties. The various companies which it was
proposed to accommodate by the bridge undertook to supply a
certain amount ot traffic. They failed, however, to carry out
their contracts, and the Transit Company, which, as it the case
of so many American railways, grew up to the injury of the
original undertaking, secured for itself even the small share of
profit wh-ch should have belonged to the proprietors of the
bridge. This Transit Company had power to fix the rates and
charges for the work done, while the original undertaking was
altogether powerless in the management of its own affdirs. On
May 1, 1875, the third mortgage bonds went in delault in July
of the same year the second received no interest. With respect
to the first mortgatje holders, the sum required to provide for the
coupons as they fell due has only been provided by funds borroweil from Messrs. Morgan & Co. For this purpose the firm
referred to have advanced $485,840, in addition to the various
other moneys required for the Bridge and Tunnel Company, now
standing at a total of $657,879. Th^ properly has been in the
hands of a receiver for about three years, and the time has now
arrived when it is absolutely necessary to take gome action for
the reorganization ol the concern in which £2,000,000 ot British
is

;

capital has been sunk.
in which the property has b»en in the
a receiver, liabilities to the extent of $515,019 have been
incurred in the shape of certificates bearing a charge in priority
The coupons in default on the
to the fir-et mortgage bonds.
second aud third mortgage bonds amounted to $1,304,000, and
the arreais on the Tunnel bonds to $400,000, making altogether
Add to the receivers' certificates, and we have a total
$1,704,003.
increase in the burdens of the company since the opening of the
" The receivers, in their report,
bridge of $2,279,000." » *
hope that the incubus the Transit Company— will be content in
With these and other
future with 12 instead of 15 per cent.
changes it is hoped that the net revenue may be increased. At
present, the amount received under this head is only $219,000, or
per cent on the whole capital of the anited
equal to about

"During the period

or cost of construction.

In the celebrated case of the Chesapeake & Ohio Canal Company against the Baltimore & Ohio Railroad Company, which was
Teiy similar to this, the decision of the Supreme Court of Maryland appears to have been exactly opposite to that of Judges
Hallett and Dillon. Whether the Atchison Company will build
in the !ace of a possible reversal by the Supreme Court and consequent loss of their work remains to be seen.
The decree confines the Canon City & San Juan Company (the
A. T. & S. F. organization) to their actual filed centre line which
Is alleged to ha/e been a mere preliminary location made a year
ago, when nothing was in controversy. The evident theory of
the Court was that the paper title of the Canon City & San Juan
Company, derived under ihe act of 1875, was only good against
the prior grant ol 200. feet width of the Rio Grande Company,
onder the act of 1872, to the extent of the line actually shown on
tbiat paper, and that only.
The upper ;iO miles of the Cacon is etill in controversy. The
Rio Qranae Co. has been at work ere for some time, and claim
that the Pueblo Si Arkansas Valley RH. Co. (which is the organization of the A. T. & S. F. Co. for this portion of the line) had

—

I

hands

ot

—

H

concerns.

,
, ,,
to reorganize the company on the following
whole of
tbc
created
on
to
be
$5,000,000
mortgage
of
A
the property. This mortgage will be given in exchange for the
present first mortgage bonds, the payment of the receivers o«rlincates and three half-yearly coupons to be funded daring the
next three years. The second mortgage bonds of $2,000,000 are

" It is
basis:

now proposed

,

:

.

.,

:

THE CHRONICLE.

228

[Vol. XXVIl.

of 1878, the commissioners of the sinltinz fund do hereby determine to
pay and redeem such portion of the bonded debt of the Citv and
ol New York, now a charse upon ihe Treatury of said City, other" ihan
revenue bonds issued in anticipation of the collection of taxe', as the holders
thereof may desire and elect to exchange for consolidated stoclv of sa'd C ty
redeemable after 2.) years from the dale of issue thereof, and payable in 50 years
from the sinkiug fund, and for this purpose do hereby authoiize the Controller
to issue said consolidated stock, to be sold or exchiiiged therel'or, as provided
by law, in such amount! and at such times as he may deem advantageous for
the interests of the Ciiy.
hat pursuant to the prov.sions of secton 6 of chapter 383 of the
Bewlved,
Laws of !8t8. the coraniiss:<jners of the sinking fund do hereby detcimine to
call in, pay and redeem a portion of the bonded debt of the City ol New
Yorli, n It exc- edina the fum of $7,635,5l;0 of bonds issued lor and on accoant
of local improvements, and dne on the first days of October and November
following, and for this purpose do a so hereby anlhorize and direct the
Con roller to issue consolidated stock of said City, redeemable after SO years,
and payable in 50 years from the sink'ng fund the said consolidated stocit to
be issued and sold as provided by law for the payment of said bonds when due,
or in exchange therefor, if any holder thereof may d. sire and eect to make
an excharige of the same for said consolidated stock before the same shall
become due. to be taken at the par va'ue thereof, with accrued interest added.

Laws

by an "A" Prelerenoe Stock, and the third by a
stock
"B " Preference Stock; and nearly 3i millious of commoa
The interest on the first mortgage bonds for
it to be creatfd.
of the
three half-years is to be paid in full, and the coupons
remaining six months to be funded."
the
Indianapolis Blooniington & Western,— In regard to
by Mr.
plan presented to the bondholders of this company
bonds
Short, he informs us that the $700,000 of first mortRage
claims are
reeerved by his scheme for the settlement of preferred
with those
not to be exchanged for such prior claims except
balance
holders who ate willing to do fo. And to provide for the
of the
of the preferred claims, parlies have agreed to take enough
This statement is made
first mortgace bones at par to pay them.
claims
in explanation of our remark that holders of preferred
would not b« likely to exchange them evenly lor first mortgage
bonds.

to be replaced

call in,

County

1

;

—

Kansas Pacifle. Receiver Villard, of the Kansas Pacific RailPcnnsylraiiia State Bonds Missing.— Gen. John M. Bickal,
way, has resigned as cha'rman of the Kansas Pacific Pool Execu- ex-State Treasurer of Pennsylvania, has written a letter for pubexecutive
the
of
to
the
members
tive Committee, and transferred
lication, in regard to the alleged over-issue of bonds of thai State,
committee the pool securities, formerly held by him, atd they in which he says:
officially
is
It
Trust
Company.
Uuiou
iu
the
" To my mind the rrobability is a very strong one that such
deposited
have been
Statements hiva
reported that over $2,000,000 of tlie Denver extension bonds have bonds were never sold, but have been canceled.
been deposited in the United States Trust Company, and that been made tending to the inference that such bonds were sold in
more than one-half of the entire issue is pledged to the plan of 1854. If such had been the case, the coupon account of the State
purchase and reorganization devised by the committee of nine would show it. But it is admitted, as I understand, that no
first mortgage bondbolders.
demand lias been made upon the State for any amount of coupons
Montclair & Greenwood Lake.— The joint committees repre- beyond those corresponding with the $5,400,000 of bonds then
senting the first and second mortgage bondholders finally adopted issued, and $23,000 issued iu 1858, and proceeds received by
a plan of reorganization, in which the principal points of differ- Treasurer Magraw, and at the time duly accounted for at the
ence from the former plan consist in a reduction of the required State Treasury. It is not credible that such bonds could have
assessment for expenses from 6 to .5 per cent in cash, and a pro- been i-eued and no coupons corresponding with them ever preBesides, too, the bonds issued fell due in
vision making payment imperative before September 10, the sented for payment.
penalty of default being loss of ri.'hts which are to inure pro the years 1877 and 1878. Yet it is the fact, as stated by E. M.
Lewis, Esq.. of the Farmers and Mechanics' Bank, the present
rata to the assenting bondholders of the class iu which default is
made. Messrs. Cyrus W. Field, Abram S. Hewitt and John B. financial agent of the Treasury Department, that no more bonds
Dumont are constituted a purchasing committee to buy in the have been presented than it was conceded were duly issued and
road at the foreclosure eale. The other prjvirions are: that of the accouuttd for to the State Treasury. But a sensational coloring
f 1,000,000 stock to be issued by the new company, only 10 per has been attempted upon the suggestion that I was a defaulter to
cent sliall be given to the present stockholders on the surrender the State for $101,902 when my official term expired, viz.. May 1,
of their old stock, instead of 20 per cent, as previously agreed
This statement is a very great perversion of the truih of
1854.
that the remainder of the new stock, which is first to be issued the case. I was not consciously a defaulter to the extent of $1,
to the present second mortgage bondholders, shall be surrendered and if there be any truth whatever in the allegation tliat I was a
and canceled upon the i!«sue of the new first mortgage bonds
defaulter, it can have no application, except as to $25 000 of the
that the new sjcond mortgage bondholders shall have the right
relief issux, as to which I had been entirely uninformed until
to pay off and discbarge the new first mortgage bonds at any time July, 1855, when such an allegation was brought to my attention."
before maturity, at the rate of 105 par cent and interest, or, at
Fliiladelpliia & Rending'. The following is a comparative
that, with tlie contheir option, to take an assignment thereof
tonnag^and passengers for the month
sent of the first mortgage hondlirdderH, the railroad may be statement ot grcss receipts,
extended or consolidated with some other road, if at any time it of July
-187
1878
may seem expedient and that tne rights of bondholders who
;

;

—

:

:

,

,

;

refuse to avail themselves of the present plan of reorganizition
shall inure pro rata to the iiondholders who assent to the plan.

—

New

Orleans City Finances. The Picayune gives the
figurtrs sbowiug the decrease in the collection of
taxes as compared with last year

fol-

lowing

The

financial ordinances for Ju^y, 1878.
$120,000 in the aggregate, remain unpaid.

licenses
taxes.

shows about the same falling

$137,551
<'7,6«
81,504
10,581

amounting

The

to about
collection of

off as in t':e case of the

Mr. Brown and Colonel Denis, the Administrators of Accounts
and Financ, agreed in the opinion tliat the yeliow fever scare
has exercised a considerable effect in diminishing receipts. The
Administrator referred to the laws governing' the collection of
taxes, and seemed to think that as long as taxpayers who were
disposed to pay their taxes, but who desired to postpone the day
of settlement, could go inta court and obtain without difficulty an
injunction against the city, there would always be a deficiency
in the matter of receipts.

New York

City Del»t.— A special meeting of the commissioners of the sinaing fund was held recently, for the purpose of
taking action on thf funding bill which was passed by the last
Legislature. All the members of the board were in attendance,
and Controller Kelly called attention to the bill in question,
which author:z-«s the commissioners of the sinking fund to call
in, pay and redeem any portion of the bonded debt of this
city,
except revenue bonds. He presented a report stating that the
present time was advantageous for funding su'-h bonds at a lower
rate of interest than is now lieing paid, and thus reducing
the
city's expenses.
Assessment bonds are payable to the amount of
|300.0_00 in October next, and $7,33.5,500' in November; in all
$7,635,500. The titles and amounts of theie bonds are as follows;
AB«e»Hncnt bordi due October 1, 1878
Department of Parka improvement fund bonae due October l! 1878'
AMeiament bonds due Nov. mber 1, 1918
Attewmenl fnud bonds due November 1, 1378
Street improvemeui funu bonds due Novcmbr 1, 1878....!!..!!.'"
Central Park Commission Improvement bonds due Nov. 1, 1873
Department of Parke Improvement bonds due November 1, 1M8

...

.'.

ToUl

••

SI60 OCO
Iht'nnn

4

iM^im
6

'I'sol)

913101
S40 000
l,180.0i'0

$7,635,500

After the report was read, the following preamble and resolutions were unanimously adopted

Whtrmt,

A

Steam

. .

.

S8.M,164

,•

coilieis

Kichmond

coal barges.

.

Year

to date.
r,P85.733

Month.

S917,«r

84,657
4i,133

465,790

115, (.21)

3.5«,!18

7,76ti

51,4«5

42,387
14,398

$!l87,7ai

$7.963,t51

$1,' 8.1,640

Vear

to date.
S7,2S7.0fl
521,696
433,726
71,927

city

:

In Jnly, 18:7, the amount of current tax collected was
In July, 1870
Colkcilons of current tax from August 1 to 10, 1817
Prom August 1 to 10, 18^8

Month.

Gro--s Kcceiiits:

Railroad traffic
Canal traffic

portion of the bonded debt is payable with 6 and 7 per
cent
intereet tberecn per a' nam, and the commissioners of the
sinkine fund are
empowered to authorize by a concurrent vote and d:rect the Controller
to
l«ne and sell or exchange tbe-efor, at not leas than par, cotsolidatcd
stock of
the City, oayable within a period ..f not less than 20 nor
more than fu vears
Irom Ihe date of issue thereof, and at a rale of lntere;t not
exccedins!
5 pir
ner
"=""& o
cei t rier annum, payable leml-'nnmlly;
Badred, That purauant to the provisiona of eection 6 of chapter
331 of the

Total Railroad Co
Reading Coal & Iron Co.
Total of

all

BJ7,164

4,5r»,3'i3

9 7,290

S3,329,447
5 57S,134

$1,631,905

$12,541,634

$1,996,931

$13,91I7,58J

410,733
23;, 017
586,077
53,518

3,399,333
2,i51,643
4,154,38!
372,641

692,173
831,370

1,207,071
1.991.178

609,e.55
53,5i(2

4,.iOI,331

191,880
85.087

1,568,883
631,126

37«,249

2,141.378

7J,-.;52

750.7(!e

276,967

8,2CO,009

448,501

Tonnage ai d passengers
Tons of coal on railroad
Tons of merchandise
Passengers c rried
Coal transp'd by stni colliers
1

Tons of coal mined
By Coal & Iron Co
By tenants

.

,

86 -,900

•

:

Total m'ccd from lands owned
and controlled by Co. and
from leasehold estates

2,891,146

—

Portsmontli Great Falls & Conway. A special meeting of
tlie stockholders was held in Portsmouth, N. H
August 2S. The
,

following was passed without dissent

:

Voted, That this corporation accept the act of the General Court of this
approved on ih'i i^th day of August, entitled " An act in addition to the
acts to incorporate the Portsmouth Great Falls & Conway Railroad."
VottU, That the directors of ihis corporation, in liquidation and payment of
all gits existing indebtedness, be, and hereby arc. amhor zed to issue bonds
of this corporation to the amount of jil,( 00,000, bearing Inierest at the rate of
i'i per cent per ani.um, paj'able temi-annually, and 10 secure the payment of
the sami by motpaL'e of franchise and all property of tl'e corporation, said
bonds to bco'iiepiy.ble in sixty years, dating from the first day of June,
lb77. and bearing interest from that time, and to be exchanged for the
$1,000,000 of bonds of this corporation now outstanding, and to be in fallgayment of said bonds and of all other debts due by '.his corporation to any
old- r of said bonds.
State,

It was also voted that the directors of this corporation be
authorized to unite with the Eastern Railroad in New Hampshire
and tiie Eastern Railroad Company in canceling the existing

lease and contracts existing, and to make a new lease of the railroad franchise and property of this corporation to the Eastern
Railroad Company for a rent equal in amount to th-s interest on
the bonds authoriz d to be iesued under the vote, adopted this
day, provided that said lease shall contain the further condition'
that the stockholders of this corporation shall receive also, as rent
from the Eastern Railroad Company, such dividends per share
upon their stock as the stockholders of the Eastern Railroad may
hereafter receive upon their own stock, and at the same time.

Qnlcksllver Mining Co.— On Feb. 24, 1870, the company
its by-laws and adopted re'olutions authorizing the

amended

issuance of preferred slock.
Some of the holders of c immon
stock protested against the issuance of the preferred stock, ani
invoked the aid of the courts to prevent the payment of special
dividends upon it. Several months ago, George L. Kent, a hoHer
of 2,500 shares of the preferred stock, brought suit against the
Quisksilver Mining Company, David King, Jr., and W. D. F.

:.

AnooBT

I

THE CHRONICLE.

iU. 1878.J

to compel the recojcnltlon »ni1 Rettlement of hiR cUiniB.
RUlt wan irloi before Judjfe D. P. Barnard, in the Supreme
Court at I'oiijfhki'i-init', and tli<< Judjfe has now readerod a deol" the c mtractof preference authorised by tlie
tiion dcclarinii that
amended by laws and resolulions adopted on Feb 24, 1370, was

Maolca

The

within thi> corporate powers of the Quicksilver Mining Company,
and that tho adoption of the said by-laws and resolutions was a
proper and legltimalo exorcise of the powers of the company
under its charter. The contract of preference is prosuinptivBly
valid, and, not having l)een objected to within a rt^asonablo time
and in a proper manner by any stockholder, is hindinjf upon
the company and its stockholderi*, in favor ol the plaintiif and all
holders of such preferred »tock. The stockholders of the Quicksilver Mining Company, by acquiescing in the action of the company in making »uch contract of preference, and appropriating
the moneys realized llierefrom, have assented to and ratified said
conlract, and llie same is binding upon them by reason of such
assent and ratilication."

Rnilronil. Canal
in grain ai the

meut

and Lake Frelgllts.— The very large move
West has led to a material ad vane in freight
i

On Monday, August 19th, the proposed advance on flour
rates.
and grain was made by the railroads, making the rate 30 cents
per 100 lbs. from Chicago to New York, and the same price on
fourth liass. Canal rates have advanced to di cents per bushel
for wheat, 5i for corn and 4 for oats from Buft'ilo to Ne»v York,
in lake rates the recent i rices are aimut 4| cents per bushel on
wheat and 3} cents on corn from Chicigo to New York. Id
reference to the heavy grain movement and present freight rates,
the K. K. Gazette says: " To and from the Northwestern markets,
the receipts tor the four weeks, and the shipments for the three
weeks, ending Aug. 17, have been
:

Xorthw38tem,

,

,

'

1871
1875

18:6
1877
1S78

I

1

I

I

I

'

'

;

Shipments.

16.312,425
13.640.716
13,534,480

9,<'0\1S3
8,2ia.(>ll

10.147,830
11,695,769
14,583,018

31,61-,9T8

The

receipts of the four weeks have thus been 44 per cent
.greater this year than ever before.
It should be noted, however, thai although the grain movement has been earlier and
heavier this year tlian last, its action has been later and less iu
advancing canal rates, and lat<)r but about equal in degree iu advancing lake rates, while they seem not to have aifrcted ocean
rates at all.
A year ago the transportation chari^es by Ibke, canal
and sea on a bushel of corn from Chieajo to Liverpool amounted
to about 15 cents on the first ot July, and adviinced to 32 cents by
the end of August. This year the cost was about -il cents on the
flret of July, and is now about 23^ cents (exclusive of transfer
-charges).
But last year the ocean rate was down to 8^ cents on
the first of July and up to 23 cents by the end of August. The
difference in the effect of the heavy August grain movement is
remarkable.
Below we give the rate for the first of July and
the last week in August, both years, for corn, in cents per bushel
July

.

New
Kew York to Liverpool, ocean steamer

Buffalo to

— Aug.

.

.

28

—

1377.

1878.

1«

3X

<

35i
ls>j

4><;

6=J
14

^i

ax

Total

1.

I'/j

18:8.

lake
York, cinal

Cliicsg.) to Buffalo,
'

,

Kecelpls.

17,1.33,M!5

"

8x
145i

£3>i

J877.
~)(

S2)4

* " Just now, it appears, the farmer gets his grain
carried to Liverpool for nine cents a bushel less than the cost a
year ago, the diBerence being almost entirely in the ocean rats.
The current rate by lake and canal from Chicago to Buffalo is
now about 9^ cents a bushel, wh'ch tlie elevator charges at
Buffalo (just raised) will make lOJ cents. The present rail rate is
equivalent to 10 8 cents, and it is not likely that business can be
had at a higher one until there is a further advance iu lake and
*

*

*

canal rates."

—

St. Lonis City Asee^ment.
The City Comptroller, Mr.
Adreon, gives the following abstract of assessment of taxable
property in St. Liuis for 1S78
:

Slate val.

Land, acres
$ll,581,35t
l.and omitted pre-

:

r— 8t»te

T*xe«.--i

Revenue.

Int'-re&t.

S3i,16J

8>3.1»!

Citj'val.
$1!,S?3,I44

City tax
for all
purposes.

229

San Franolfoo, Cal., for 1878, an prepared by the 8Uta Aniltor,
aa follows: Numher of acres of land itanmed, CJBK, ^t\n»l
(i,W> in 1877; total value of thrI eRlkte, $189^81,430, against
in

is

1141,422,820 last year; value of improrementi on land, |.'>0;i94,against |49,5-*>n,000; value of pemonal property excl nil ve of
money, $45,003,270, against $.M,71fl,985 and amount of moner,
$9,183,280. against $11,013.01)'); total value of propertr lo 187^8,
$244,470,470, against $2.-)4,702.900 lo 1877. The loUl reduction,
as compared with last yttar, is $10,230,490, of which $1,870,813 la
in money, $7,153,71') In peraonal property, and $1,587,395 In real
t'Btate.
While real estate and p^raooal property have been
reduced, there has been an increas« In improvements of $844,480.
The fihrinkage in the value of property over last year is a loaa of
$173,250 In taxes, computing the amount at the rate fixed this
year for city and county purposes— $1 09 on each $100 valuation.
49.)

;

Saratoga Railroad

Conference.- The American Kxehange

gives a summary ot the work^acomplished by thil (Onreatica
as follows

—

The abolition of all commissions on passenger baiinetif.
Second— The closing of all outside oillcei, except at the termini

First

of the various lines.

Third— The establishment

of regular ritei from St.

Lionia

eastward.

Fourth— Pooling the

shipir.enti of cattle

East-bouod from

St.

Iiouis.

—The settlement of differences between the Orand Trunk
—
maintain rates on
Eist-bonnd
freight
the pool
arranged.
Seventh — The settlement of troubles between the Brie and Mr.
Fifth

and Mr. Vanderbilt.
Sixth An agreement
till

alt

to

is

Vanderbilt.

—

Eighth The settlement of lumber rates west of Detroit.
Ninth One grand step forward toward reform in railway
management.
Of the live-stock pooling business on the trunk lines, the World
of August 29th said " There has been for some time past a dissatisfaction among the railroad men over the system of evening' in the live-stock traffic. This embraces the mode of giving
to each road its proportion of the business in live slock and seeing
The roads have been paythat each road has its proper shares.
ing the three eveners,' Eastman, Allerton and Morris, $15 per
Several of the roads complain
car for attending to this business.
that this ia too much.
"Representatives of the twelve lines have held a meeting at the
Grand Central Depot this week and reached a settlement of this
vexed questio '. There were present at this meeting J. H. Rutter
and J. B. Dutcher, of the New York Central Mr. Vilas and Mr.
Blanchard, of the Erie, and S. P. Kingston, General Freight
Agent of the Pennsylvania Central. They have, in effect, agreed
upon the selection of a Live Stock Pool Commissioner, who is to
take charge of the business for all the roads east of St. Lonis and
Chicago who do a live-stock business. It is to ba the business of
this Commissioner "o see that each road gets its proportion of the
business as allotted by the pool, the cost of the Commisioner to
be paid pro rata by all the roads sharing in the pool in proporThe papers embracing the
tion to the amount of business done.
terms in detail of this agreement Lave all been drawn up, and
were being signed by the representatives of the different roads.
This settlement applies to the live-stock business of twenty-two
railroads east of St. Louis and Chicago, including the Canada and
New England roads, and removes another vexed question which
stood in the way of harmony."
This statement, however, ia since contrmicted, and it is said
that the managers of the trunk lines will not abolish the

—

:

'

'

;

'eveners."

loleiloA Wood vi lie.— This railroad, being the northerly 16
miles of the road between Toledo and Mansfield, Ohio, was sold
at public auction, the purchaser being the North-western Ohio
Railroad Company, a corporation created in the interest of the
Pennsylvania Company.

Union Pacific -Faciflc Mall. -Of the proposed contract between
these companies the 2'ribune says: " The new contract calls for a
uniform San Francisco passenger rate, by rail or steam, at $137,
in consideration of vvhicli the Pacific Mail is to receive $10 head-

money for every through passenger carried by Union Pacific to
and from San Francisco. This is an increase of $5 head-money
orailled preover the Clyde contract of 1876, and it is estimated will yield to
ious JT9., lois..
6S9,810
1,379
1,38-1
689,810
the Pacific Mail treasury a monthly sum of $22,000. It is also
jDiy, buoUeand
ut*'
understood that both companies are to aot independently in the
Il,7!l«,91T
83,593
S3,593
18,148,877
.:''RvT' and exmatter of freights, regardless of each other or of existing circu-e dealers..
86,540
53
53
8-,:40
lars. President Baboock peremptorily declining to enter into any
ito comp'f.
-,
6,663,U7
13,336
13,336
6,81.8,127
i-'-i": oats
scheme that would require an advance in the freight rates now
and
679,090
1,358
1,858
679, r 90
being charged by Pacific Mail.
-I
::ce comp s.
50,088
IM
100
1,016.865
" The circular 'ately issued by the Union Pacific Company,
.\il u;iiir persjnal
increasing first-class freights to $12 a hundred pounds, it is conproperty
18,6.32,741
S5,«65
25,565
IJ.632,741
ceded was only done to drive off small shippers who availed
Totals
«!i47,a4!
$178,670,620
|84T,316 $175,031,130
$1,880,499
themselves of the $0 rate when forced to do go, otherwise employExempt from Slate taxes, $1,360,511).
ing steam or sail and it is known that long-time contracts have
St. Louis ic Southeastern.— The statement of Mr. Y'oung,
been made as low as $5 a hundred pounds by rail and that alt
Auditor, fur Jul; ia aa follows
shippers who will agree to emp'oy the rail route exclusively can
St. Lonis
Kenlackv
Entire obtain equally low terms."
Tennessee
Div.
D!t.
D.v.
Line.
Gross earnings
$51,0.r7 24
Union Paciilc- A telegram from Boston gives the following
$30.98; 43
$»V3i6
S13.3'-l 89
EipeDe.,s
4^,253 67
27,868 69
OS
80,355
10 803
statement of the earnings and expeasea of the Union Pacific
Railroad for the quarter ending June 80, 1878. This ia the only
Net carKlngs
$8,748 57
$3,723 7]
(2,5)8 F3
i'er cent of expenses
statement of earnings that has been made for several montlia
80- 9-3
BiSi
87 83
SI
QroM
_ Net
Aa compared with July, 1877, the entire line shows an increase
Barainn.
Bzpeaaei.
Earalncs.
of 13,881 72, or 4-2 per cent, in gross, and a decreace of
$I50,89»
$54,198
$1.075,SM
!J4,921
4orll
"», or 24-7 per cent in net earnings.
a»l.9Jl
^S.47«
1.088,a«
The decrease was on the Mar
............
S»i.m
485.M5
UM.8,1
Kentucky division, the other divisions showing a gain.
Jane".'. .................;:;.:..
vious }T8.. acres.

uid,

town

lut»...

150,830

1:9,89.5,286

301
258,790

SOI
258,790

160,830
1-M,435,lu6

'.lid

>1

'

'

!

:

I

;

—

:

:

San Francisco City Finances.— The assessment

of property

Total

t3,UT.<n

$l.«S,n»

U,I»M.»»

.

"glxc

^mnmtxcml

;

JRIDAY NiOHT, August

30, 1878.

is

perfectly healthy find

it

difficult

Receipts this w'k at

to procure the execution of

Pork has continued to decline sold to-day at f 9 95 for October
and was offered at $10 25 (or December. Lard has given way
also, but most decidedly for October, and the close to-day was at
$7 40 for prime Western on the spot and $7 35 for September
and October, with sellers at $7 25 for December. Bacon and cut
meats are depressed, but too unsettled for reliable quo
The number of swine slaughtered at the West last week was nearly
double the corresponding week last year, and speculative holders
are discouraged. Beef and beef hams are dull and nominal.
Butter has been active for export and closes firm. Cheese, alter
some depression, closes firmer at 8@SJc. for prime to choice facTallow is firmer but (juiet at 7c.
tories.
Kentucky tobacco has been active and rather firmer. Sales for
the week are 3,000 hhds., of which 2,500 for export, the remainder
Lugs are quoted at 3@5c., and leaf 5^(3
for home consumption.
Seed leaf has reflected a moderate movement, and the sales
14c.

135

459
143
233
274

cases, as follows: 550 cases, 1877 crop,

100 cases, 1876 crop, New England,
Pennsylvania, lOJ to IGc.
359 cases, 1877 crop, Ohio, SJ to 9c.; 30 cases, 1S7C
12 to 28c.
crop, Ohio, private terms; 278 cases, 1877 crop, Wisconsin, 7J to
;

Total since Sept.

1,()35

1,621

1,011

69

872
5
75

1,695

1,441

37
437

Indianola, lie

.

5,327

301
2,141

Tennessee, &o
Florida
Is ortn Carolina...
Norfolk
City Point, &c
.

4,036
3,963

33
5,500
5,904

Port Royal, &c...
Savaunalj
Galveston

week

587
214
4C8

1,408

Cliarleston

453

486
565
28

O

151

311
29

6
98
901
23

15,784

4,335

13,278

49

100 cases sundries, 5 to 17c. The demand for Spanish
tobacco was less active, and the sales were only 550 bales Havana,
at 80c.@|l 10.

There has been rather a quiet market for Brazil grades of
coffee, but holders have retained firm views, owing to the comparatively small stocks fair to prime cargoes of Rio are quoted
Stock in first hands here about 25,000 bags,
at 16i@17Jc., gold.
though the City of Rio Janeiro is due here with a cargo of 30,000
Mild grades have been rather quiet, but firm recent
bags.
sales of 1,000 bags Maracaibo, 1,224 bags Laguayra and 1,500
bags other grades, mostly Mexican 4,383 bags St. Domingo are
Rice has been steady and in fair sale. Moin transit to Europe.
lasses has been somewhat more active
foreign refining grades
;

;

;

865-

132

86

10,662

0,249.

1.

The exports for the week ending this evening reach a total of
9a to
4,737 bales, of which 4,588 were to Great Britain,
France, and 50 to rest of the Continent, while the stocks as
bales.
now
Below
are
46,622
are
the
made up this evening
stocks and exports for the week, and also for the corresponding
week of last season:
Week

TO—

EXrORTEI)

ending
Aug. 30.

Great

France.

Britain.

638

N. Orl'ns
Mobile..

tills

Same
Week

Week.

1877.

Total

Continent.

STOfK.
1878.

1

638

....

....

50

3,544

2,955

....

....

555

135

99

50

4,737

4,919

46,622 115.272;

....

1,700

....

....

123

....

Cliarrt'u

Savau'h.

....

....

3,395

99

....

....

555
4,583

Galv"t'n-

N. York.
NorfolkOther*..

1877.

4,150 20,22*
1,009
2,456;
1,465
2,033;
1,694
4,315
2,869
4.703
24,543 61,746
1.330211
8,000 21,000

....

;

8ic.;

1874.

613
336
603
55
821

1,551

1,091

Total this

1875.

749
140
139

Orleans
Mobile

;

1876.

1877.

1878.

New

orders on the usual credits, in consequence of the dangers to
which they are exposed. With the West, trade is better than
last year, and prospects are good for a late autumn business.

week are 1,408

ON,

Friday, P. M., August 30, 1878.
The Movement of the Crop, as indicated by our telegrams
from the South to-night, is given below. For the week ending
this evening (Aug 30), the total receipts have reached 15.784
bales, against 5,(599 bales last week, 4,657 bales the previous
The details of theweek, and 3,069 bales three weeks since.
receipts for this week (as per telegraph) and for the corresponding
weeks of five previous years are as follows:

favorable to mercantile and manufacturing activity, except the yellow fever epidemic in the valley of
That increases in severity, and is a
the lower Miasissippi.
activity.
Trade throughout the
mercantile
to
obstacle
serious
whole South is more or less affected by it. Towns which are
-whole situation

[Vol XXVll.

OOTT

gitnes.

COMMERCIAL EPITOME.

for the

.

THE CHRONICLE

230

The

.

Tot. this

week..

Tot.slnce
Sept. 1. 2155,893 497,842 681,974 3335,709l3040,50O
• The exporis this week under the head of 'other pjrta" include, from Baltic
more, 4J3 OaleB to Liverpool from Boaton, 112 bales to Llverpo 1
;

In addition to above exports, our telegrams to-niglit also giveus the following amounts of cotton on shipboard, not cleared, at
add also similar figures for New York,
the ports named.
which are prepared for our special use by Messrs. Carey, Yale
Lambert, 60 Beaver street

We

&

;

now

Cuba quoted at 30c. Refined sugars
been more active and steadier, standard crushed
being quoted at 9f(aS|c. Raw grades have been advanced to
7 3 16(a;7|c. for fair to good refining, with fair sales.

are

have

steady, with -SO-test

latterly

Btock Aug.

1,

137S

Beceipts since
Saleseince
Stock Aug. 28, ISrS

Slock Aug.

29, 1877

Blids.
B5,3iJ
4?,625

Boxes.
13,W0

49,e6'2

3.!.94

S4.iii
125;i4l

13.1S5
ST,467

4,15-9

Bags

Uelado.

150,484
116 352
95,037

2,0

501799

8,6"!!

-r

biib

;

:

,

;

;

6s.

petroleum

3d.; do. to Marseilles or Celte, 63.@63. 3d.; refined
to Cork for orders, 4s. 9d.; cases to Constantinople o2c

gold.

There has latterly been an improved business in naval stores,
and more firmness has been noticeable, especially on spirits of
turpentine, which closes firm at 28c. asked and 27ic. bid and refused common to good strained rosin quoted at $1 37i@l 45.
Petroleum has been very quiet, but no further declines have
taken place. The Creek advices note a continued weakness
;

crude, in bulk, quoted atOc.,and refined, in barrels, at 10|c. 'Ihe
wool market has continued quiet, but the tone is somewhat improved by a better state of aflfairs at Boston. Fine fleeces, combings and delaines are in full supply, but Texas and California
grades are not so plentiful. Lead has latterly been a little irreo-ular owing to the large stock of 7,000 tons common domestic, now

here; late sales were

made

at

3'45@3 50c.

Liverpool.

New Orleans.

300

Ingot copper remains

steady, though quiet, at 16c.
Hides have latterly been more
active and weaker in prices.
Whiskey sold to-day at $1 12.
Grass seeds quiet and nominal at 7i@8o. per lb. for clover, and
f 1 35@1 40 per bushel for timothy ; but there is a considerable
business in domestic flax seed at $1 47i per bushel.

Shipboard, not cleared— for

Other

France. Foreign

Galveston

None.
None.
None.

New York

200

None.
None.
None.
None.
None.

500

None.

Mobile

Savannah

315,-2-2S

There has been a very fair business in ocean freight room. The
demands have been principally for grain tonnage, especially for
charter berth room has shown some irregularity, but other tonnage remains steady. Late engagements are Grain to Liverpool,
byiteam, 7d.; cotton Jd, bacon 308.@32s. 61., cheese 40@45s.;
grain, by sail ejd.; grain to London, by steam, 7id.; do. by sail,
5?. 4id. perjqr.; flour, 23. 4^1.; grain to Bristol, by sail, 8d.
do. to
Glasgow, by steam, SJd.; do. to Havre, by steam, lOic; do. to
Antwerp, by steam, 9d.; do. to Cork for orders, Os. 3d. do. to St.
Nazaire,

On
Aug. 30, AT-

Total

wise.

None.
None.

300

Stock.

1,700

1,700

None.

None.
None.

None.
*700

23,843;

None.

1,700

2,700

34.19»

in tliis

From the foregoing statement
with the corresponding week of

Leaving
Total.

3,80*
1,06*
2,C1S

None.
None.
None.
None.

amount tliere are 500 bales
the destination of which we cannot learn.

Included
ports,

Coast-

None.

2,860-

at Pre.sses for lorcigD:

will be seen that, compared
last season, there is a decreaif

it

this week of 182 bales, while the stocks to-night
are 68,650 bales less than they were at this time a year ago. The
following is our usual table showing the movement of cotton it
all the porta from Sept. 1 to Aug 23, the latest mail dates;
in the exports

KECEIPTS SIKCE
Ports.

SEPT.

1877.

1

1876.

N.Orlns 1371,780 1180,673
Mobile. 413,691 357,573
Char'n* 460,345 471,082
Sav'h.. 600,819 476,993
Galv.*
450,081 501,827
N. York 144.132 121,201
Florida
14,347
20,381
N. Car. 144,728 129,519
Norfk* 510,116 552,802
Other.. 163,470 150,010
Thisyr. 4273,515
Lastyr.

EXPORTED SINCE

1.

SEPT. 1

TO—
Stock.

,

Britain. France. jForeign

Total.

822,470 325,406|305,070 1452,910
106,381 26,146 31,566 104,093
131,935 70,355 103,584 303,874
176,247 30,351 138.748 351,346
186,172 26,971 11,291 224,434
338,989
9,659 49,098 398,346

1,10»
685-

484
1,039
2,701
34,272:

138

50,677
160,691
216,505

S,500

2151,305 497,743 681,924 3330.972

49,327

35,007
156,687
197,417

1,780
1,075

19,890
2.929
19,148

400-

3962,601 2133,305!459.915 438.033'3031,2.55 136.91»

• Lnaer the head of Charleston Is Included Port Koyil. ic; unde? the head ot
aalceston Is includel Indlanola, &c.i under the head of Sorfolk Is locluled City
Point, &c.

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

.

AuoBST
Tlii're

.

THE CHRONICLE.

31, 1878. J

hoa bet>n a good dc-mand from home spinniTH for cotton
and pricpw havo advanced, the small .supply enabling

•on tlx- upot.

holdern to

alxjut their own terms.
Quotations were adon Saturday la.st, and again on Winluesday anil
13 3-lCc. for middling uplands, being an advance of

make

1-IOc.

vnnce<l

Thur»<lay, to

grade since the iiuestion of the visible supply
To-day, spots were fairly active and
alniut steady, the comparatively free receipts at the ports having
ohecked the upward tendency of the previous two days. The
speculation in futures has been quite excited. The maturinjf
contracts for August Ijegan to attract attention on Tuesday, when
there was nn advance of 14 points, succeeded on We<lne8day by a
further advance of 8 points, to 12-22c., followed by a decline to
1213. Yesterday morning there was renewed excitement and an
advance to 1219, closing, however, at the same figure as on
Weiluesday, To-day, the speculation was quieter, and prices deFor the next crop tkere lias been
<lined materially at the close.
much irregularity. The early months have sympathized more or
le» with August, but the bulls have not been able to sustain
s,
val
even for September. Yesterday, general rains at the
^k)utll caused a temporary rally in prices, but the close was
easiiT. and to-day there was a general decline, under a weak
report from Liverpool.
The total sales for forward delivery for the week are 182,700
uales, including
free on board.
For immediate delivery the
total sales foot up this week 8,623 bales, including 60 for
export, 8,-503 for con.sumption and 60 for speculation.
Of
bales were to arrive. The following tables show
the above,
the olhcial quotations and sales for each day of the past week:
1

this

11-ltlc. for

began

to attract attention.

1.

—

—

UPLANDS. ALABAMA.

Satunlay, Ang.24,
Friday, Aiis-SO. Sat.

mon

!tO

*

10^

...

10-\

mon

Sat.

10%

N.

ORLE'NS

man

Sat.

1058
11
11>3
iiu
IIU
1113,8
11»16
llli,8
.w MiiUlUnir
1113,6
121,6
-u-iot L»)W Mid
1110,8 lllB,e 123,6
.^l^c^cllllli,•
121I8 121,6 121,8 121,8 125,8
I2I4
(io.Ml MiddlinK.... 112U
12>4
V2H 1212
sn-kt tioiHl.Mid...
12»18 12«,6 129,6 1213,,
Middling Fair
131,8 131,8 131,6 131,8 133 18
laiij, 1311,, 1311,8 1311,, 1315
Jb'iiir

•Onliimry
gtrii't

S

Onliniiry

10%

I

Wed

iTnes

^

10^9
103»

109*

im

11»4
11»1„

fifHHl Ordinary. ..
-iriet (jooil Ui-d... 'lli'ic

Ordinary

Taea! Wed Toea

107,6 1038
Strict Oi*(linary
1013,6 10%
Oood Ordinui'v
ill=4
115,8 11'4
Strict UooilO'i-d... ill«18 11=8
119,8
Low Middling
111-^, ll'^S
1113,6
Strict Low Mia
11'»16 12
1115,8
Miilillinjt
121,6 12%
121,6
Giioil.Miiliilins..
12U 125,6 1214
fitrict Good Mid... 12»,8 12=8
129,6
Mlddliug Fair
131,6 13%
131,6
Fair
131' 16 13%
1311,,
1038
1034

lb,

.

I

Frl.

Tli.

10=8
11
III3
1113,8
121,8
123,6
126,6
I2I3
1213,6
130,6

TEX.VS.
Sat.

mon.

1058

1058
11
lllj
1113,6
121,6
123,6
125,6
121a
1213,6
135,6
1311.6

11

imi
1113,6
121,6
123,6
125,6
121<!
121:1,1

133,8
131°,6 131o,8

13%
13%

j

For Decembw.
ct:

Bale*.
1100

uoa

1,SOO

1)0)1

000

For Janunrr. I
Balef.

ll-W

I.coo....

Il-n«
.ll'OH
.11-10
11-11

400
2.700

BOO
4'0
SOO
200
800

rta

For Marcb.
B*le<.

11117

xno

(ti.
ll-iw

100

11-21

Tor)..

»,ivio
2I»)

nil)
1111

UK

4110

ii'iei

400..

100

U-23

IIMO

11

l;|

11 14

100

11-18
n-itf

400
800
(MO

400
100

17

ino

11-ltt

800

700

Ordinary. -.'1078
GimhI Ordinary
1138

j

,-irict

|

123,6

28

1,800

pi. to ezcb. Oct. for Sept.

-27 pd. to eicb. 100.) an. tor

The following

'6: pd. to

May.

closing prices bid for future
delivery, and the tone of the market at three o'clock P M., on
the several dates named:

MIOOLtKO U PLANDS— AMERICAN CLASSiriCATIOjr.
Fri.
Sat.
Mon.
Tue».
Wed. Tlmra.

Market— Easier. Firmer. Lower. Higher. Lower.
11-98
11-69
September
11-44
OctoDor
11-24
Noveuil)er
11-17
December
11-17
January
11-23
February
11-29
March
Aiirll
11-30
11-43
May
11-48
June
Transfer orders 12-00

12-02
11-71
11-44
11-24
11-17
11-18
11-25
11-31
11-37
11-45

Aitenst

Closed—

11-iJO

Quiet.

100%

Gold

Exchange

4'82

1114
11-21
11-27
11-33
11-41
11-47

12-05

1205

Dull.

Dull.

1078
1138

1078

11%

11%

11%

11%

11%

1158

1158

11=8

1158

127,8

127,6

127,6

127,6

I

Strict (iooil

137,6 1137,6 137,8"
141,6 il41,6 I4I16

137,6

11313,6 1313,8 131-l,6 1313,6 141,6

Good Onllnary

^1 lb.

Ordinary

I

I.owMidiUmg
]

Middling

I

1038
lO's
1138

11%

MAKKET

mon Tne* Wed

Til

10%

107,8
1010,6
117,6

10% 10%

1113,,

11^8

10%

10^8

1078

11%
11%

11%
11%

Frl.

11

11

Sat.

Quiet, higher
Mon .'Light dvuiaiid...
Tiie.s.Firin
.

W'eA .Finn, higher
Thura Firm, lilghcr
Frl. -lUueh. iiuot

Ex-

1178

port.;

GU

sump

ul't'u

„
lotai.
,

elt,

Sales.

20
40

17,900
1.234] 22,900
1,720] 37,100
1,650 37,400
1,593 30,800
1,797 36,600

200
300
100
300
100

00

8.0231182,700

1,000

For forward delivery, the sales have reached during the week
182,700 bales (all middling or on the basis of middling), and the
following is a statement of the Biles and prices:
baled.
i.WK)
1.400
e,-oo

For August.
CalM.

ciii

llIM
iiiM
i,«)

ion

12

800
100

IH)

ct«.

laiB
12 ao
ia-21
12-24

100%

100%

100%

10058

lOOag

4-81%

4-81%

4-81%

4-81%

4-81%

is

as follows.

as made up by cable and
The Continental stocks are the figures

returns, and consequentlybrought down to Thursday evening; hence, to make the totals
the complete figures for to-night (Aug 30), we add the item of
exports from the United States, Including in it the exports of
Friday only:

538.000
14,500

806,000
32,750

1876.
801,000
41,500

1878.

Stockat Liverpool

28,500

l-.!-IK)

For September.
800

i-2-oi;

1.7(XI

H-f!0
11-61

j-n

7,100

ll(i-.i

4.1)110

I-.;-ll."j

,-.;-iu

O^iOO

12 11

ViMW

ii-«a
ll-«4
ll-fW

1-2-12

4.;oo

ii-(i«

1

'uu.,

Bales.
100..
100..

100
3.500
3 100
4,:00
ll.OliO

1.200
U.^-W
2.SI00
1,-^XP

1.700
2.100

H-B7

4IK)
2.1M)0
I.IXMI.

Mo!""!";.'i2-ir

11 (W
!!-«»
11-70
11-71

7W.

3,«W

U72

4,4'J0„,..

13

ViM
-

12-15
j

i«-i»|

Bales.

Ct«.
11-46

400

11-7-1

40,000

7.I1CH)

ii;

.

70,700

5.200
B.WIO
S.tKW
7.300

000.

Ct«.
.11-73

For October.

i-4v>

1877.

1875.

823.000
70,250

-

Total continental porta.
Total European stocks.. ..
India cotton afloat for Europe.
Amer'u cotton afloat for Eui-'pe
Egj'pt.Brazil.&cafltforE'r'po
United States ports -.
Stock
StockiuU.S. interior ports...
United States exports to-day-.

m

-visible

192,2.50

5,500
74,500
11,250
35,000
40,750
9,750
4.000
12,000

855,500 l,-273,250 1,260,450 1,283,250
400,000
195,000 252,000 370,000
28,000
52,000
44,000
23,000
37,000
16,000
26,000
12.000
69,430
125,293
115,272
40,622
8,070
9,962
4,030
9,115
....
1,000
1,000
500

supply. bales.l, 136,652 1,709,007 1.814,705 1,824,750
totals of American and other descriptions are aa

Of the above, the

—
426.000
191,000
26,000
69,430
8,070
1,000

4.030

513,000
342,500
44,000
115,272
9,145

500

....

431,000
302,000
52,000
125.203
9,962
1.000

737,152 1,023,917

021,255

721,500

Continental stocks
India afloat lor Europe
Egypt, Bi-uzil, &c., afloat

123,000
14,500
55,000
195,000
12,000

373.000
41,500
112,950
370,00«
2G.0CO

402,000
70,250
194,000
400,000
37,000

Total East luiUa, &0
Total American

085,750
399,500
737,152 1,023,917

41.5,000

Liverpool stock
Continental stocks
afloat to Europe....
United States stock
United States Intei-lor stocks..
United States exports to-day..

Total American
East Indian, Brazil,
Liverpool stock

bales.
<Cc.

Londonstock

—

248,000
23,000
4if,622

293,000
32.750
92,000
252,000
16,000

923.4.50 1,103,250

921.255

721,500

12-23

1-^iol

1-J-oi

Easy

100%
4-81%

American

G29

1.797J
60' 8,.-)03

Total'

DeMv-

.

509
1,234
1,700
1,610
1,593

12-15

Steady Weak.

12-03
11-01
11-20
11 10
11-04
11-06
11-12
11-18
11-25
11-32
11-30
12-05

for the Continent are this week's

Amertean

Spec- Trau-

.

1143

12-13
11-04
11-31
11-11
11-07
11-08
11-14
11-19
11-26
11-34
11-40
12-15

of last Saturday, but the totals for Gieat Britain and the afloat

follows

.&ND SALES.

ConI

11-23
11-30
11-37

Fri.

'fflrlttblc.Lfiwer.

The Visible Scpply of Cotton,
telegraph,

Total

11% 11%

SALES OF SPOT AND TRANSIT.

SPOT MAHKET
CLU8EU.

1215
Strong.

1117

1

385,000

Frl

1078

Sat.

ll-:i9

11-20
11-13
11-14
11-20
11-27
11-33
11-40
11-47

12-13
11-65
11-33
11-14
11-09
11-10

414,950

14

Tb.

FrI.

1058

STAINED.

12-15
11-70

12-01
11-07
11-38
11-19
11-13

434,500

I2I4
1238
129,8
1278
1338

1058

133,6

ezcb. 700 Nor. for l«pt.
Nor. for Sept.

-80 pd. to ezch. 100

show the

will

303,000

Tb.

12%

1058

133,6

900

898,250

1058

133,6

114H
1147

100

845.500
163,500
4,750
72.000
11,000
55.000
61,000
15.000
17,500
15,250

'12=8
Good Middling
1238
1238
1258
1258
1258
1238
125s
Good Mid. .1211,6 1211,6 1211,6 1211,6 1215,6 1215,6 1213,, 1215,

131,6

II-4»

800.

838.750
209.000
12,000
62,000
13,500
64,750
40,000
10,750
7,750
14,750

Strict

Mliidliug Fair
Fair

SOO

552.500
Total Great Britain stock
150,750
Stock at Havre
7,000
Stock at Marseille.i
Stock at Barcelona
21,000
Stock at Hambm-g
7,250
37,750
Stock at Bremen
43,.500
Stock at Amsterdam
9,000
Stock at Rotterdam
6,500
Stock at Antwerp
Stock at other eouti'ntal ports.
14,250

Frl.

123,8

ll-:»
ll-OT

Stock at London

10%

123,6

For Jant.

34

wred

10%

123,6

.11-42
..1148

1011,8
111,8
119,6
11^8

Strict Good Ord... 1111,6 1111,6 nil 16 1111,6 1115,6 1115,6 lli5,e 1115,6
Low Mlddlhi!.'
1115,6; 1115,6 111516 1115,6 123,6 123,8 123,6 123,6
Strict Low Mid. ...121,6 121,0 121,6 121,6 125,6 120,6 125,6 125,6

Middling

11-40

.

S,700

Il-St
II

,v.l!S

Wed Toe*

10%
11%

April.
Il-SO

..U-Hb
..ir»7

The following exchanges have been m«de during the week:

.

¥Ib.'10%

n-<l!ii,iry

100..

For

Tnr Febroarr800
1114
II

.

imo..
fioo..

1117

".OOO

mm..

ins

4,400

11-Irt

CM

Balei

~800

11-15

IllO

For Mar.

700
400

400
IM)
100

1112
1114

loo..

231

1011,6 1058
111,6 11
119,6 11%
11^8
1113,,
12% 121,6
12 14
123,6
1238
125,6
129,8 12%
1278
1213,0
135,
1338
135,,
1315
1315,6 14

107,6 1058
1013,8 11
115,8 iml
11=8
1113,,
ll'^S
121,6
12
123,6
12% 125,8
125,6 12%
1213,6
125a

.

Tta.

;

:

Z.iiOO

11-29
11-30
11-ai
11-32
11-33
11-34
11-35
ll-3«
11-37
ll-3«
11-39
l,-4o
11-42
11-43
ll-4i

UU

For November.
800
2

'iOO

1.200.
1,800.

. .

...
..

500

11-11
.
:i-i2
....11-13
. ...11-14
.

...IMS

1,300.....

1400

ll-!()

700

11-17
11-10

800

11-21

1.;J00

ll-'ti

.

..

1.200.... .... 11-23
11-24
1,000
11-25
000

I7,3gg

Total visible supply. ..... .1,130,652 1,709,607 1,844,705 1,324,750
Cd.
7iiad.
Gd.
GUied.
PriceMid. Upl., Llvoi-pool....

These figures indicate a decrease in the cotton in sight to-night
of 1877, a
of 573,015 bales a-s compared with the same date
date
decrease of 708,033 bales as compare<l with the corresjionding
with 1875.
of 1870, and a decrease of 038,098 bales as compared

At the Ixteuior Ports the movement—that Is the receipts
and shipments for the week, and stocks to-night, and for the
corresponding week of 1877— is set out iu detail in the following
statemeut

—
".

,

THE CHRONICLE.

232
Week eniUug Aug,

30, '78.

Receipts SMpm'ts

Stock.

Week ending Aug.

1,092

499

92
58
20
133
69

IIa8brUle,Teuu..

500
558
573
549
79
112

1,243
121

230
4

Total, old ports.

3,525

3,099

4,030

606

Aagusta, Ga..
Columbus, Ga

1,154:

Macon, Ga
Montgomery, Aia
Selma, Ala
MempliiB, Tenn.

5,292

1,325

9,145

94 and lowest 77.
New Orleans, Louisiana. It has rained on four days during
the week, the rainfall aggregating two inches and sixteen hun-

132
80
200
229

38

35

60

8

1

1

69

10
88
82

"87

Columbus, Miss..
£ufiiula, Ala

fl

8

705

564

18
25

16

10
200
60
64
287
90

Ga

28
16

25
84

15

31
3i»

397
277

80
332
400

129
806
748

150
113
607

Total, now p'rts

1,707

1,549

2,563

1,075

5,232

4,648

6,593

1,681

I

5

37
'l7

Charlotte, N.C...
St. Louis, Mo
Cincinnati, O

Total, all....

949

1

Kome, Ga

Atlanta, Ga*

463

153
140
153
384
820

1

j

'

4

200
1,471
4,300

1,743

7,133

3.068

16,278

* Estimated.

stocks have
The above totals show that the old
increMed during the week 436 bales, and are to-night 5,11.5
The receipts at the
bales less than at the same period last year.
same towns have been 2,919 bales more than the same week last
year.
interior

—

Receipts from the Pl.\ntatioks. Referring to our remarks
In a previous issue for an explanation of this table, we now bring
the figures down one week

—

Brenham, Texas. We have had a shower on one day this
week, the rainfall reaching forty hundredths of an inch. Caterpillars have certainly appeared, and although the injury done is

10
738
39

48
.

later, closing to-night:

RBCKIPTS FROM PLANTATIONS.

worm and rotting
Average thermometer
boll

bolls.

1876.

Jnne 7.
" 14
"

81.

"

23.

"

1877,

1876,

1878.

1877.

1878.

7,609

10,436

9,390

12,.380

82,569

67,50J

31,154

8,441

8,626

11,2.3!

76.054

62,154

29,.315

1,989

3,171

6,392

10,493

8,586

10,781

67,712

45,769

23,837

8,131

2,141

4,693

61,078

35,811

81,240

1,985

5.314

4,832

8,569

6,519

6.

8,661

6,102

5,949

67,865

32,077

19,675

5,418

2,368

4,384

12.

6,005

4.404

5,8 17

53,736

8J,997

18,031

1,876

1,884

3,645
1,243

19.

6,04?

3,676

3,788

49,552

87,979

15,494

868

2,658

M.

6,589

3,899

4,086

47,151

t6,361

12,,527

3,158

681

8.

5,153

2,691

3,671

42.372

22,472

11,003

874

9.

6,871

2,102

3,069

35,18'

21,574

8,346

16.

7,393

1,733

4,f5:

88,877

19,118

6,238

Ang.

"
•'

1876,

6,87!)

July

"
"

1878.

lb77.

1,

119

2,149

410

1,204

2,549

1,086

"

23.

7,161

2,014

5,699

23,691

17,60j

5,999

1,966

1,126

6 460

"

80

11,278

4,335

15,784

Sl,6;-i

16,878

6,593

11,214

3,013

15,784

102,092

6.3.917

93,195

37,337

17,686

60,169

TotaL

1

This statement shows us that the receipts at the ports the past
week were 15,'i84 bales, received entirely from plantations.
Last year the receipts from the plantations for the same week
vere 3.013 bales, and for 187G they were
214 bales

U

Weather Reports by Telegraph,— But few

points report

any considerable damage done the crop during the week.
Texas, despite drawbacks,

it is

In

believed the yield will be large.

Texas.— We have had showers on four days this
week, the rainfall reaching seventy-seven hundredths of an inch.
We are having too much rain. Caterpillars are reported everywhere, and great injury is undoubtedly being done in the region
south of 30 deg, 3l)m. In many sections the plant has already
been stripped of leaves. The bottom crop is sate and very
abundant. The middle crop will be poor and top crop nothing.
North of the lino indicated, there is great complaint of drought
and the boll worm. Despite all drawbacks, however, the State
promises a considerably larger yield than last year. Corn and
other grain crops are abundant. Sugar cane promising.
Local
health perfect, with strict quarantine against infection. Average
thermometer 88, highest 89 and lowest 75.
Indianola, Texas.
We had a sprinkle on one day of the week,
•with a rainfall of twelve hundredths of an inch. The wet season
lias done its work, and caterpillars are reported everywhere, doing
considerable damage.
The plant in many sections is already
stripped of leaves, and all will be in a few days.
The bottoai
and half of the middle crop will be good, but the remainder fails
Oalveston,

—

absolutely.

Picking

is

progressing finely, and will close early.
84, the highest being 93 and the

The thermometer has averaged
lowest 75.
Corsicaim, Texas.

enough

much

— It has rained on one day this week,

but not

is

to

do

good, and

making good

progress.

82.

— We

have had several showers during
Shreveport, Louisiana.
the week, which, if continued, will materially check progress in
housing the staple. The prospect still looks very fair. Average
thermometer 83, highest 96 and lowest 68. The rainfall for the
week is forty-six hundredths of an inch.

—
—

Telegram not received.
Vieksburg, Mississippi.
Columbus, Mississippi. The thermometer has averaged 79 durhighest
being 90 and the lowest 70. It has
ing the week, the
rained hard on four days, the rainfall reaching five inches and
The boll-worm is doing considerable
forty-five hundredths.
damage.

—

The first three
Little Bock, Arkansas.
clear, but the balance of the week

days of the past week
has been cloudy, with
rain on three days.
Some rain was needed, but we are having
more than is necessary. Clear weather is now wanted for picking.
Average thermometer 80, highest 93 and lowest 67, The
rainfall has reached three inches and eighty hundredths,
Nashville, Tennessee.
It has rained here on two days of the
week, and a general rain is now falling. The thennometer has
averaged 76, the highest point touched having been 85 and the
lowest 67, The rainfall for the week is one inch and four hundredths, and for the month four inches and twenty-two hun-

were

—

Memphis, Tennessee.

— We have had

local rains

on two days,

the rainfall reaching seventy -eight hundredths of an inch, and the
rest of the week has been cloudy.
The thermometer has averaged 80, and ranged from G9 to 93. Mueli damage has been
done by drought and rust. Since the rain of yesterday the fever
has further developed and deaths increase horribly. Report
not in.
Mobile, Alabama.
The earlier part of the week just closed was
clear and pleasant, but during the latter portion it has rained on
three days (showers), the rainfall reaching three hundredths of
an inch. Accounts from the interior are conflicting. In some
sections the crop is developing promisingly, but in others crop
accounts are less favorable. Much damage has resulted from
rust, shedding and worms. The thermometer has ranged from 73
to 93, averaging 81,
Montgomery, Alabama. It has rained on two days of the
past week, the rainfall reaching one inch and nine hundredths.
he thermometer has ranged from 70 to 93, averaging 8J. Wormsare doing some damage,
Selma, Alabama.— It has rained heavily on two days, and picn.'
ing has been interfered with by the storai. Caterpillars are reported everywhere, and great injury is being done on black lands.
Madison, Florida.—
e have had no rainfall during the week.
The thermometer has ranged from 81 to 87, averaging 84, The
bolls are dropping badly,
Macon, Oeoryia. Telegram not received.
j^
Columbus, Georgia.— It has rained on two days of the weelqi
with a rainfall of one inch and thirty-one hundredths. The
thermometer has averaged 80.
Savannah, Georgia.— liain has fallen on one day this week, the
rainfall reaching eighteen hundredths of an inch,"butthe balance
of the week has been pleasant.
The thermometer has averaged
8i, the extreme range having been 70 and 96,
Augusta, Georgia.—
have had delightful showers this week
on three days, and the indications are that they were of wide
extent.
The rainfall was one inch and sixty -five hundredths.
Accounts are generally good. Picking is progressing, and planters are sending cotton to market freely.
The thermometer has
averaged 87, the highest being 97 and the lowest 09.
Charleston, South Carolina.— It has been showery two days
this week, the rainfall reaching one inch and four hundredths.
The thermometer has ranged from 6J to 93, averaging 80.

—

—

I

W

—

We

Comparative Port Receipts and Daily Crop Movement.—
of the port movement by weeks is not accurate,
as the weeks in different years do not end on the same day of the

A comparison

We

month.

have consequently added

to

our other standing

tables a daily and monthly statement, that the reader may constantly have before him the data for seeing the exact relative

movement

for the years named.
First we give the receipts at
each port each day of the week ending to-night.
PORT RECEIPTS FROM SATURDAY, Al;G. 24, '78, TO FRIDAY, AUG. 30, 78

D'ys
of

we are needing more badly. Pick- wc'k
Average thermometer 85, highest 102
Sat..
and lowest 72. The rainfall is fifty-five hundredths of an inch.
Mod
DaUas, Texas. Rain has fallen on one day, a shower, and an- Tues
other is wanted much. There is some complaint of the boll worm
Wed
but think reported damage to crop much exaggerated. The ther- Tlun
ing

is

—

dredths.
endlng-

Picking

85, highest

The thermometer has averaged

dredths.

Stock at Inter'r Ports Rec'ptsf rem PlanfnB

Receipts at the Ports.

Week

XXV U.

The crop here will be a
as yet limited, much damage is feared.
good one nevertheless. There is considerable complaint of the

ioi

Jefferson, Tex*

[Vol.

506
967
400
707
324

146
262
72

Shreveport, La ..
Vickslmrp, Miss

Dallas, Texas

31, '77.

Receipts SWpm'ts Stock.

328
369
378

912
700
495
271
405
201
115

Griffln,

1

New
Or-

Mo-

leans.

bile.

Cliarlestou.

Savan- Galnah. vest'n.

Norfolk.

ton.

All
others.

Total,

progressing finely.

—

mometer has averaged 85, the highest being 101 and the lowest
The rainfall for the week is fifteen hundredths of an inch.
72.

Krl,

Tot,

37
371
183
133
27

37
113

56
236
138

399
708
670

187

1,1.50

256
535

987

607
901
600

310

73
136
94

1,586

2,961

47
67
30
62
30
38

1,091

453

1,408

5,500

5,904

274

385
450'

4
12
15
9
18
...

58

7

972

37
485
48
121
398

1,994
2,123
2,563
2,175
5,952

1,090

15,784

|

:

.

AUOOBT

THE (CHRONICLE

1878.1

31,

Tbs moTament each month
Year

Monthly

336,868

08,491

Scpt'mirr
Octolier

,'S78,.'\33

07.1.200

JJovcmb'r
Pcromli'r

822,493
000,119
689,010
472,034
340,525
107,065
96.314
42,142
20.240

901,392
787,709
600,680
449,686
182,937
100,194
68,939
30,030

jHiiiiiiry

.

Fi'linmry.

Miirch
April ....
.

.

May
June
July

since Sept. 1 baa been a* followa:
Bepteinher

Bejriniiliig

1870.

1877.

Roci<ll>t«.

1873.

169,077
010,310
740,110
821,177
637,067
479,801
300,128
163,593
92,000
42.234

17,031

134,376
036,068
876,205
759,036
444,032
333,324
251,433
183,598
81.780
56,010
17,064

29,42:

1.

1873.

1874.

115,255
355,323
570,103
811,668
702,168
482,688
332,703
173,980
127,346
59,501
31,856

08-00

9749

09-34

99 06

1872.

184,744
444,003
530,153
524,975
360,430
462,552
309,307
218,879
173,693
72,602
83,513

97-88

This statement showe that up to Aug. 1 the receipts at the
ports this year were 301,100 bales more than in 1876 and 173,055
bales more than at the same time in 1875.
By adding to the
above totals to Aug. 1 the daily recsipts since that time, we shall
be able to reach an exact comparison of the movement for the
different years.

Th» Exports of Cotton from New York this week ihow bii
Increase, as compared with last week, the toUl reaching
8,544
bales, against 2,773 bales last we»k.
Below we give our uaaal
table showing the exports of cotton from New York, and their
direction, for each of the last four weeks; also the total exporta
and direction since Sept. 1, 1877; and In the last column the total
for the aame period of the previous year:
»fforf o»«ottoii(fc«i»»>fron» Kew

1875-70.

1874-75.

Tot. Jy. 31 4,258,480 3,937,380 4,085,531

1,473,936

1870-77.

4..

•'

6..
7..
8..
9..

"
"

421

264
861
452

8.

596
509
529
340
700
468

5..

••

139
1,405

395

3..

"
•"

" 10..
" 11..
" 13..

-" 15..

712
612
737
505

" 16..

1,623

14..

•'

17..

••

18...

" 22...

944
627
934
817

'•23...

1,093

" 24...

97

" 21...

" 25...
••

26...
27...
..

764
1,038
1,084
8.

1,963
1,714
1,069

845
789
60'

S.

1,167

8.

" 28...

" 29

1,168
1,0S2

487
598
367
264
561
394

1,994
2,128
2,503
2,175
5,952

" 30...

S.

1,141

8.

634

" 20...

•"

839
618
247
364
245
531

S.

" 19..,

635
724
504
S46
834

8.

S,

" 13..
••

1973-74.

1872-73.

8.

098
586

1,364

404
341
365

1,48:

807
912
1,168

891

8.

686
397
764
575

S.

4,011
1,824
2,OQ0

768,597 3,573,%53
1,092
1,727
8.
1,874
1,056
S.
54
2,781
701
2,175
924
2,201
702
1,204
960
1,997
S.
1,744
701
S.
604
2,393
647
1,739
967
1,526
787
1,631
604
1,930
S.
1,423
1,499
.S.
864
2,231
1,102
1,873
592
1,996
607
1,134
971
1,078
S.
1,297

S.

521

410
390
394
301
207
S.

19
364
539
218
168
195
8.

437
330
224
303
395
675
8.

581
532

769

467
39
944
736

1,104

901
899
1,021
1,251

S.

1,G39

8.

S.

1,573
1,282

979
1,574
1,831
2,465

[i^n
4,289,29913,971,032
4,116,893;3,485,570 3,790,409 3,620,320

Sotal

l^eicentage of total
port rcM-elptB
.J

Banw
Total
to

Aog.

98-23

99-67

99-63

same day of the month

Total to Gt. BrItalD

6-4

Havre

its

2,rn

year.
3S6.}t7

8,393

5106

»,n»

Other FreDCh ports.

^8»7

858,031
35,134

8,S»

8<i,884

88T,4U

M

9.Ma

9,361

116

Total Frencb..

SIS

Bremen and Hanover

Hambarg
Other porta

miiLOportoA Gibraltar Ac

Total Spain, &c...

teble the percentages of total port receipts
received Aug. 30 in each of the years named.

9,863
15,211

1.S78
13,«;6

44,960

81,768
4,01 (

3,898

750

4,788

4.764

401,890

438.8«

?,S9J

Grand Total

5.10S

3.26-J

J.77J

Nkws.—The

Shipping

exports of cotton from tht, United
States the past week, as per latest mail returns, have reached
5,010 bales.
So far as the Southern ports are concerned, thesa
are the same exports reported by telegraph, and published in
Thk Chronicle, last Friday. With regard to New York, ne
include the manifests of all vessels cleared up to Wednesday
n<(rht of this week.
„.,,.,

^ot»' ba'es.
,
per steamera Wyoming, 481 .... Bothnia, 727
Germanic, 514. ...Baltic, 3!7...CiiyofBru9aels, 1,356
8,89'i
To Havre, per Bteamer Viile de Paria, 99
90
To Hamburg, D<rr Bteamir Frisia, 50
53
New Oiu-eass— To Liverpool, per steamera Fire Queen, 378... Abdlel,

,.
-r
New
loBK— ™
To ..
Liverpool,
...

SIS

Balt more—To

989
477

Liverpool, per aleamera Guillermo, 93 ...Lucerne, 884.

Total

6,010

The particulars

of these shipments^ arranged in our usual form,

are as follows
Liverpool.

Kew York.
New Orleans
Baltiuiore

Hamburg.

Havre.

3,295
989

99

Total.

50

3,544

989
477

4; 7

ToUl
4,861
99
GO
Below we give all news received to date of disasters
carrying cotton from United States ports, etc.:

5,010

yesaeU

to

Marie Feedericke.

ship, (Nor), DieseD. from New Orleans for Liverpool
before reported, had completed diicharging her cargo of cotton at Key
Weat, Aug. 17.
Charlotta Alexandria, bark, (Svied.). from New York for Belsingbnrg,
which grounded at Middel Grund, Ac , arrived at Crons-.adt 4ng M.
St. Mic AEI,, hri^, (Br.), before reported, was again passed on Aug, ii, in l»t.
a'TilS N.. Ion. 66:i4
w^iterlo gd un<\ ahando led, by br g Olinda,
(Port.), Cuaba, at New Ifork, Au^;. 25, from Ojorto.

W

,

week have been

as follows:
Havre.——>
Hremeu.
/—Hamburg-^
Steam. Sail. Steari.
bail.
Steam. Sail.

-i,iverpooi.Sail.

add to the last
which had been

9,;S9
jo,ri8
5,016
i».ao6

a,.30O

othera

99-13

We

in 1876.

period
prer'na

i\.

5,106

Cotton freights the past
98-34

This statement shows that the receipts since Sept. 1 up to
to-night are now 31S,217 bales more than they were to the same
day ot the month in 1877, and 172,406 bales more than they
to the

Aug.

100

.

Steam.

were

nranie

Aug.

7.

Uverpool
Otber British Porta.

111

"

wnn
IXrOBTID TO
Anr.

Hty

Voric lpe«tt«a>.l,

Total to N. Europe.

1877-78.

Ang.l..

233

doing.
I'rice.s are a frai-tion hjwer than at our lant report,
and
holders are now willing w-llers at 3t@2|c. cash or time, but aven
at the lower figures buyers are not inclined to take hold.

Tot. Jy. 31 4,258,486 3,957,386 4,085,531 3,473,036 3,768,597 3,573,853
Perc' tago of tot. port

receipts July 31..

:

Saturday.

Monday..
riiesday.

Wed'day.
Thursday
Friday....

d.

—®W
—©!<
—,tiii
—®i
— ajj

—

cmp.

%
a
X
a

c.

cp.
cp.
cp.
cp.
J< cp.
Ji cp.

—

—

.

c.

comp.
1.5-n.l comp.
15-64 comp.
1.5-64 comp.
15-61 comp.

15-64
15-64

-^H

—

—&}i

— @'i

,

c.

c.

ll-lfi

—
—
— ©K
P. M.— Bv

c.

c.

X
\
\
X
\

comp.

11-16 COIIID.
—&ii U-Iti comp.
(SJi 1 1-16 CDinp.
@;< 11-16 comp.
11-16 comp.

H

H
V,

Ji

comp.
comp.
comp.
comp.
comp.
comp.

-

-

C.\Br,E fkom Livkr.
day were 0,000 bales,. of which
Bo.\lUAY Silir.«K.VT3.
According to our cable despatch received' 1,000 bales were for export and speculation. Of to-day's sales
to day, there hiive been 4,000 bjiles shipped from Bombay to u.I.'jO bales were American.
The weekly movement is given as
Oreat Briuin the past week and
follows:
balea to the Continent
while the receips a', Bombay during this wt<ek have been 2,000

Liverpool,

POOL.

—

.\ug. 33
•1:30
sales of the

— E.stimated

;

Tiie movement since tlie Ist of .l^nuary is as follows.
Tliese are the figures of W. Nicol & Co., of Bombay, and are
brought down to Thursday, Aug 29:

Aug.

biles.

Sales ot the

week

Forwarded
Sales Aiuoi-ican

Sblpiucnta this

week

Great ContiBrlt'n.

1S78
1-77
!«T6

nent.

Shipments since Jau.
Great

Total. Britain.

Continent.

1.

Total.

Receipts.

This

Week.

Since
Juu. 1.

Of which exporters took
Of which speculators took..
Total stock

i'.iioo

4,000 297.000 386.000
1,000 373,000 404.000
1.000 534.000 347.000

From the foregoing

683,000
779,000
881.000

2.000
1.000
4.000

week
Of which American

849,000
992.000

Aotuiil ex pof t

99(i.00()

Amount

would appear

that, compared with last
a'l increase of 3,000 bales in the week's ship
mcnts from Bombay to Europe, and that the total movement
eince January 1 shows a derrennc in shipments of 96,000 bales,
compared with the corresponding period of 1877.

year, there ha.s been

OuwNY

tlic

482,000
20,000
18,000!
•2,00o(

1 67,000

afloat.

Of whicli Amerlean.
it

B.\0GIN0, &c.— Bagging has not changed durJJM; the past week, and but little business
has been transacted.
Ihe demand has almost entirely subsided, and but few sales are
making. 1 ho feeling as to price is rather easier, though previous
figures are still quoted, but a shade less would
be accepted for a
parcel.
Light weight is quoted at lOic., and standard quality
at IKgllic
Butts are in the same position, and there is nothing

The following
week
Spot.

32,000
3,000
26.000
2,000
2,000
537,000
465,000
25,000
9,000
6,000
154,000
27,000

.599,000

Of which Americm
Total inijiort of

4,000
1,000

Aug. 16.

9.

38,000
2,000
29,000
1.000
3,000

bales.

table will

....

B.V.OS,

show the

58,000
2,000
47,000
4,000
7,000
563,000
441,000
28,000
17.000

Aug. 30.
44,000
1.000
34,000
4.000
2,000
538.000
415,000
16,000
7.000

L'.OOO
l.|.-..u(io

1

l.dOO

1

i:i.O<)0

l.",.(HMP

daily closing prices of cotton for tba

Monday. Tuesday. Wedn'sdyl Thur8d-y| Friday.

Saturd'.v.

Mid. Uprds ...®
Mid. Orl'us. ...®

>

31,0001

Aug. 23.

...SOlli, ...®6lii« ...aeiiig
...®6l3iB ...»613,R ...a6i»„

...»6U„ ...»6U„
...96>aia

Putures,

These sales are on the basis ot Uplands,

Low Middling clause,

onleaa

otherwise stated.

S.ITCRDAT.
Delicery.

Sept
Aug.-Scpt
Bept.-Oct

d.

eaisa
62132
6»8

Delitery.

Oct.-Nov
Nov.-Dec

d.

6»ig
67ie

Shipment,

Nov.-Dcc,
saU

d.

n. crop,

6%

:

.

,.

THE CHRONICLE

2U
Futures.
Delivery.
6iii«

Oet

621s2®"l«

Delivery.

Deliieru.
Scpt.-Oct... 62l32'a"lS
61932
Oct.-Nov

Gi^32

Nov.-Dec
Jan.-Feb

6%

AT—

Sept.-Oet

62I32

Ang.-Sopt
Sept -Oct
Oct.-Nov
Nov.-Dec

Oct.-NOV

69l6

Aug

Nov.-Dec

6'n

OSijj
62I30

Oct
AUg.-Scpt

ti2l32

Aug

62132
62I32

Sept
Aug.-Sept

uew

Sept. Oct
Oct.-Nov

6»8

Aug

61733

Sopt

658
658

Thcbsdat.

6i%2 May-Juno
0'932

Oct.-Nov

6i032®»i8
6>a»'S32

JJov.-Dec

ti"32

Aug.-Sep»
Sept

6»ie
69i8
OO18

Jan.-Fel)

6H

6,355
2,491
38.572
1,(55

6it3,879

2,1.59

51,800
683,458
4,753

81,2o0
185.802

2i

:ill

Llll

"Z.

~2,652
Total
85,144
Previous week'::. ..
80,797
Corre8p'neweek,'77.
Corresp'ng week,'76. 101,110

3,735,417
3,077,237
1,792,942
9S1,579

8,443,512
3,215,795
2.557,813
2,608,876

1,432,081
1,451,263

162.295
91,316
78,80;
54,454

crop, sail.. 6"ig

Delivery.

69,«
61I32
C9ia

Bept.-Oot

Aug.-Scpt

Delivery.
Sept.-Oet

P^rla

Shipment.

Oct.-Nov

6»i6
61632

Sept.-Oct

6i''32

Oct. -Nov., n. crop,

65i8

sail

Sam- time
Same time
Same time

1677
1876

(32 lbs.) (48 lbs.)
95S.3i2
72,863
66,575
71,074
41,375
....
7,983
33,500
400
111,036
9.069
175,310
1I,50J

l-)0,799

753,126
681,107

Tot.Ang.l

to

1375

334,211 10,815,713 12.132,490
360,780 4,898 234 11,387,044
87.1,685 3,327,005 9,435,5?8
3U,182 5,360,801 4,911,471

Aug. 24
.

4,747,101
2,295,5 17
1.787,713
2,909,587

Same time 1877.:.. .2,561,715
Same time 1676.. .. 2,534,906
same Ume 1675 ....3,178.321

BRE A DSTUF FS.
The

some

flour market, at

Ang.

p. M.,

30, 18:8.

has been more active.

decline,

way 10@25e. per bbl., and there were large sales for
export at $4@4 1 for common extras, up to ij-l 85@5 00 for choice,
the latter from winter wheat. The production of flour here and
at the West has not increased relatively so much as the supply
of wheat. Medium grades from winter wheat were the most
depreFsed choice grades from spring wheat were best supported.
To-day, the market was stronger for low grades, which were

fully supported, leading parties being free sellers to
but yesterday there was a revival of speculation and a
considerable recovery in values. Sales of prime No. 2 red winter
were made at fllO, spot and Sept., and $1 11 for Oct., and No.
1 white sold freely at $1 15@1 IG for steamer, and $1 19J@1 20

was not

and Sept. No. 3 amber went at |1 08@1 08^ for
sail, and $1 05 for steam
No. 1 amber at $1 11@1 IH. Receipts
To-day, the market was again
at the West have been very large.
higher. No. 2 red winter advancing to $1 10^91 11 on the spot
and $1 Hi for next week, and No. 2 Milwaukee selling at $1 15^.
Indian corn, with slight variations, has been improving, with
large sales of No. 2 mixed at 49f(a.50c. for September, and
52@52ic. for October, and of steamer mixed at 48J@49ic. for
September and 51J@51ie. for October. Receipts are liberal at all
points, but they are quickly taken up.
To-day, the market was
steady, and lots on the snot were in good demand at 49i@o0c. for
No. 2.
Rje hag declined, with sales yesterday at 63@64e. for prime
Weetern and State. To-day, No. 2 Western sold at 62c. afloit.
Oats have been drooping, except for choice grades, and the
range of prices has widened materially. To day, the market was
irregular. No. 2 graded closing at 30J(g31c. for mixed, and 30(3
;

;

30ic. for white.

The following

are the closing quotaions:

No.

FLotna.

3

.

baretfine SUte
ern

&

S

Graiw.

bbl. tJ

40®

Whe«t—No.Ssprlng.bash

3 10

No.«spring

West-

No.

3 40'» 3 90
4 85

Extra Sute, &c
4 10®
Western Suriug Wheat
extras

do XX and XXX
do winter X and XX.
do Minnesota patents..
.

City shipping extras
City trade and family

4

00®

flour, superflno

Com meal— Western, &c.
Corn mial-Br'wine. &c.

The movement

in

.30

4 40,a 6 50

1
1
1

1

.

1

15

1

18

00® 1 13
10a 1 11
Od® 121
46a 50

do steamer grade. 48>ia
Southern yellow
fO®
Corn— Souihern white....
5.3®
Rye— Western
58®

6 25

Stdte....

60(4

Oats— Mixed

an®
23®

White
Barley- Canada West
2 9ia
3 30
State, 4 rowed
_
-2a0i2e0l
Western feeding
2 90® 2 95 Peas-Canada bond&free
6 76
4 75

®
a

,
I
I
|

45a
77®

|

breadstuSi at this matket has been

49
52
6i
62
61
S3
38

4T
92

as

follows
,-BE0KIPT8 AT
1878.

,

for the
week.
Flour, bbls.
8S,-1"8
C.meal, "
3,771
Wheat,bns.J.131.105

Corn.
Rye,
Barley,
Oats.

NEW

—

,

Sin ce
Jan, 1.
2,638 5il
134,,,8-:8

YOBIv.—

Same
time
1877.
J,81!i,763
15',4!I6

33,6»l.i61.9
4,768,239
l.Oll.'iSO 2),37li ,S83 20,416,194
US.tOJ 2.279, 454
591,427

•61,273 •2.-26 612 •2,304,291
615,8J9 8,508, 152 6,078,3'.0

* Including

.

BXPORTS FROM
1S78.-

For the
w-ek.

Since
Jan. 1.

1,574,330
8,150
145,804
1,429,S88 89,«82,174
3(J,827 18,978,980
6,514 2,6i3..3:i7
....
1,510,193
121,298 2,317,381
27,1)36

NEW YORK.-

781.020
607.2S2

2n,ia
>6it,90B

28,368,974 47,798.862 13.521,531
31,207,669 23,824,752 9,170,715

1,618.983 2,143,857
1,23S,237 1,80:1,008
1,281, 4!18 l,u03,50.3

965,281

388,2J1

Com,
bush

bush.

bash.

bush.

1S78

96,969

3^2,850

August 25, l'i77
August 86, 1876
August 26, 1875

99,-341

66.518
68,726

176,124
283,014
263,253

366,38!
388,159
871,843
r.l,2J8

529.487
435,0;8
8z8,9J5
6d6,B08

20.104
9,712
10.130
21,740

4,689
87,198
21,539
12,875

RECEIPTS

Ofi

Oats,

Barley,

Rye,

FLOUR AND GR.UN AT SEABOARD PORTS FOR THB

WEEK ENDED

AUG.

24, 1878,

Boston
Portland
Montreal
Philadelphia
Baltimore

NewOrleans
Total
Previous week ....
Corresp'ng week,'77.

AND FROM

Wheat,
bush.

bbls.

New York

87,244
89,699
2,950
80,643
15,5:0
24.917
6.896

1,934.714
168,000
....

157,264

3,941,616
3,623,595
1,131,146

19^717
179,083

353,4.34

54,600
916,8)0
27,170

DEC. 31 TO AUG.

Corn,
bush.

Oat»,
bush.

1,068,519

506,323
71,550

300,210
8,750
281,667
809,100
I.O.IOO

Barley,
bush.
550
6,650

24.

Rye,
bush.
115,574
1,80)

1,895

670
14J,90O

4.',885

7.700
16,742

1.961,131
2,074,712
2.380,710

B46.085
617,482
628,800

10,6J5
....
....

18,005
12,888
8,810

4,300
1,400

122,574
60,674

M,956

Tot.Dec.31toAng.24.6,462.6;0 54,313,878 74,785,677 13,943,121 2,463,115 8,850,903
971,455
Same lime 1877
4,865,329 10,169,951 55,403,691 11,016,121 2,116,046
370,014
Same time 1876
5,851,665 58,406,454 66,49>,004 15.67i,42l 2,049.319

Same time

1673

5,787,897 30,664,227 83,815,872 10,538,357

231,977

189,5:0

EXPORTS FROM UNITED ST-\^TES SEABOARD PORTS AND FROM
MONTREAL FOR WEEK ENDED AUG. 24, 1878.
From —

New York
Bonon
Portland
Montreal
Philadelphia
Baltimore

Flour,

Wheat,

bbls.
24,729
9,052

bush.

Corn,
bush.

1,852,270
97,339

278,184
227,558

Rye,
ba?h.

8,U6

I39,7f3

45,183

....

218.8:i8

....
....

5,765
607

167,012

13,663
B6,878
130.585
65.018

156,811
367.169
906,001

To' al for week..
Previous week

64,359

2,809,750

928,903

f0,9,'i6

2,6'i9,261

Twoweeksago

71,772
65,9C8

2,'06,85«
1,789,180

1,-;61,361
2,f6.',458

10,!.36
8.971)

Three weeks ago....

From New

Oats,

bush.
1?1,624

Peas,
bush.
1,608

...

17,678

Orleans,

62,4til

65,135

l,7ii0.948

17.5,690
•

113.731
207,367

23,867

29,869
68,755
121,013
S»,0S6

bush, wheat. 31,057 bush, corn and 972 bbls. flour.

The Visible Supply of Grain, comprising the stocks ia
granary at the principal points of accumulation at lake anda
seaboard ports, and in transit by lake, canal and rail, Aug. 2^K

$...

spring

.

4 25® 8 25
6 00<« 6 50
{« 10® 5 00

brands
S 40®
Southern bahcrs' and family l)rands
5 85®
Southern sbipp'g extras. 4 :JOa

Hye

4

1

Red and Amber Wint'r
Red Winter No- 2
White
Corn— West'n mixed

@
li@
@

318,65:
l60,95i
121,012
I66,3J4

bush.

1878,
•

liU,a37
54,036

Wheat,

At—
iu our

realize,

for sail, spot

S2i),18»

bbls.

scarce.

last

28,713,1159 43,067,865 14,116,400

Flour,

The advance noted

236,^

Flour,

Week
ending—
Aucust 24,

;

irregular.

leoo
13 ,36636,850

RAIL SHIPMENTS OF FLOUR AND GRAIN FROM WESTERN L.\KB
ATJD RIVER PORTS.

Prices gave

The wheat market was

153,1!,$
2!.,iaO
3.345.

SHIPMENTS OF FLOUR AND GRAIN FROM WESTERN LAKE AND
RIVER PORTS FROM DEC. 31 TO AUGUST 24.
Tot.Dec.3ito\ng24..3,710,050 32,572,876 51,669,730 12,.'25,183

Fbioat,

Rye
•bu*h
(56 Ihs.V

11,.308,142 8,219,538 2,783,329
...2,594,628 1.5,159,8'i9 5i,(i51,<1.39 12,911,404 8,S80,13t 1,547,189
....3,309,1.51 29,771,143 51,b.3^933 I5,.'.61,12! 3,0i)l,451 •.,211.547
8,957,101 85,748,039 82,619,990 1.3,590,956 1,701,559 1,780,937

Same time 1817....
Same time 1876
tame time 1875

Friday.

Ang

Cleveland
St Louis.'::

(f'O

Tot.Dec.31 to Ang.24.3,540,370 4I,9J8,705 64,686,642

Shipment.
Nov-Dcc.,Orleans,
low mid. clause,

uew

Barley,
bash.

26,570
S71.872

Dulutd
Delivery.

Delivery.

Delivery.

Aagiiet

crop. Bail ..6%

Oats,
bush.

854.555

Toledo
netfolt

WEDNESDAY.

6»9

Aug. -Sept
8ept.-Oct

Nov-DecOrleans,
low mid. clause,

Delivery.

Delivery.

61332

Bail

lbs.)

187,061
1,113,914

Milwaukee

Oct.-Nov., n. crop,

GS9
6=8
61732
6'332
6»8

Corn,
bu'h.

bush.

15,t91

Chlcaao

Shipments.

Delivery.

Delivery.

bbls.
(196 lbs.)
27,585

(56 Ibi^.)
2,800,15')

TUESDAT.

Ang

Wheat,

Flonr,

6II18

Aug.-8ept

XXV 11.

RECEIPTS AT LAKE AND RIVER PO ;TS FOR THE WEEK E.SDING
AUG. 24, 187S, FRO.M DECEMBER 31 TO AUG. 24,
AND FROM AUGUST 1 TO AUG. 24.

MOXDAY.

Aag

fVoL.

L>t

was

as follows

Store at—

New York

^H

:

Wheat,
luish.
1,6C0,423

Albany

2(;.Di..n

Buiralo

234.715

Chicago

840,01)4

Milwaukee
Duluth
Toledo

401,702
4,000
641,398
469,a7i
ItO.OOO
3il,965
97,4(1
84,111
61,187
193.097

Detroit.

Oswego*
Louis
Boston
Toronto
Montreal (17th)
St.

Philadelphia
Peoria

2 769

Corn,
busn.
1,178,976
68,000
829,391
3,S73.893
84,915

240,829
2,5;9
200,000

bash.

459,515
37,000

208,774
33,-00
9,173
3'15 919
471,6iS

68,0::9

G67.709
69,1S9
...
101..?42
...

40)

14.910

t;-3.617

201,134

28,692

25,160

....

1:3,913

3Wi,3;3
1,641,202
1,700,000

:149,460

5',C0O
2,746
110,709
38,595

37,000
16,11*
138

45,5.408

;2I,141
382,850
2,069,603
1,163,000

6tl,70«

12,578

2!..531

1.38,833

bush.

....

1H3,213

168,697

Rye,^

16,745

401,709

Kansas City
Baltimore

bu'h.

265925

IndUnapolis

week
Lake shipments, week
Oncanal

Barley,

78.000
7,923
651

68,611
62,127
99,504

Rtil shipments,

Oat-,

47,:i94

l,0a8

....
....
....

63,145
ll.iiS
2,C27

...

£29,487
538,682
182,l00

80,104

3,078,079
2,414.904
1,812,354

1,205,604
1,106,708
1,I70,557
1,027.994
1.070.214
1,011,463
1.006,544
1,037,466
265,411

....

....

4,689.
127,672
188.C0O

-1677.

For the
week.

Since
Jan. 1.

33.789
740,314
3,869
150,077
162.601 5,514,812
731,149 16,050,871
1S,S00
9-J7,038
....
771,584
2,935
105,007

Total

Aug.
Aug.
Aug.

17, 1878
10, 1878

July
July
July
July
Aug.

27, 1878
80, 1873
13, 1878

malt
'

3,

1678

6,1878
25, 18rr

£sUmated.

9,749,458
7,710,736
6,517,053
6,09),091
5,636,271
4,403,725

11,035,671

4,48o,.367

6,447,173
7.374.431
11,634,034

4,612.433
3,8j7,786

9,i9,(,J59

8.301,835
6,590,601
6.613,201
6.6'.9,419

1,.357,S03

1,419.09)
1,610,497
1,530,133
l,ti17,701

2,311,aS5

6r5,411
6<l,3ai
407,415
3B6,!60
271.C76
.301,800

348.724
3.;9,036

619,100

.

AcoosT

PriBta.
80, 18:fl.

market have andergone
reported upon, except that there haa

tntln festurea o{ tbe dry floods

vnTj little cliaDge vlnce last
been increased activity in the jobbing branches of the trade. The
package bouses were enabled to effect a fair distribution of
autumn goods by means of numcroas small sales and deliverieg
on account of former orders, but there was no spirit in the demand

has become evident that
until they have
unloaded part of their early purchases. The yellow lever has
undoubtedly checked business to some extent, and traoeactions
with some parts of the South and Southwest have fallen short of
expectations formed before the outbreak of the pestilence; but
accounts from all other pa; ts of the country are very encouraging,
and the jobbing trade has already opened brisk'y at such

any particular class of fabrics, and

It

jobbers intend to pause in their operations

important distrlbating points as Chicago and

St.

Louis.

Domestic Cotton Goods.— The exports of domestic cottons
from this port to markets abroad, daring the week ending August
37, were 2,48v packages, which were shipped as follows: Great
Britain, 1.520 packages
Danish West Indies, 287 United States
Mexico, 136
of Colombia, 165
Central America, 73
Brazil,
;

;

;

;

;

and the remainder, in relatively small
lots, to other countries. Prices of cotton goods remained firm, and
a slight advance was made in quotations of a few makes of brown
sheetings and low-grade cotton flannels. Brown and bleached
cottons were in fair request, and there was a steady demand for
75

;

British Australia, 40

;

moderate parcels of denims, ducks, cheviots, ticks, corset jeans
and grain bags at the hands of both agents and jobbers. Print
cloths were fairly active at a fractional decline in price sales of
64iiM3 having been made at 3|c., cash, and 56xG0s at SJc., cash.

—

Prints continued in fair request and there

was a steady movement
ginghams and cotton dress goods.
Domestic Woolen Goods. There was a sluggish demand
for men's-wear woolens, and sales were almost wholly confined
to small lots of fine fancy cassimeres, cheviot suitings and
in

—

Some

worsted coating?.

duplicate orders for low-grade fancy

cusimeres were placed by the clothing trade, but transactions
in these goods were not as large as expected, and contributed but
little toward the reduction of stocks, which are still heavy.
Cloakings were in fair demand, and tome sales of all-wool and
cottoE-warp beavers were made to cloak manufactu'ers. Black
cloths and doeskins we e lightly dealt in, and Kentucky jean",
satinets and repellents were only in limited request.
Flannels
were in moderate demand, and colored blankets received some
attention; but white bed blankets were almost neglected.
Worsted dress goods were a trifle less active, and skirts remained
quiet but woolen and beaver shawls met with moderate sales.
Foreign Dry Goods. There has been an irregular demand
for imported goods at first hands, but the jobbing trade was more
generally active. Cashmeres and fancy British and Continental
dress goods were distributed to a fair amount, and considerable
sales of black and colored dress silks were made by importers
and jobbers. Black silk velvets were fairly active, and millinery
goods were in better request. Linen and white goods moved
slowly, but there was a steady Inqury for Hamburg embroideries
and imitation laces. Woolen goods for men's-wear ruled quiet,
but cloakings were taken in small lots to a moderate amount.
The auction rooms presented no offerings of special importance,
but fair prices were obtained for most of the goods sold through
;

—

their

medium.
annex prices

We

of a

few

articles of

domestic dry goods

:

Tickings.
Width. Price.

Amosk'gACA.

'

..

16

do
do 4-4
do
A.. ..
do
B.. ..
do
C. ..
do
D.. ..
do
E. ..
do
F.. ..
do awning ..

20
15
14
13

IIV
:ox
lOX
IBX

fOonestoga

do prem A. 4-4
do do B.4-4
do
ex.. .4-4
do
ex. 7-8
do Old mdH-4
do
CUA7-3
do
CT..4-1
do Penna. 38
do
do 7-8
do
A A 7-8
do FP
do
B....7-8
.

is'
17
16
15
15

UK
I3X
It

Width. Price.
Cordis

AAA..

do
ACE.
do
No. 1.
do awning.
do
No. 2.
do
No. 3.
do
No. 4.
do
No. 5.
do
No. 6.
do
No. 7.
do
No. 8.
Falls

AAA

Appleton

Amoskcag A

.32

32
..

..
..

..

.

16
17
17

S8-S5
IS
14

..

\^

..

10

..
..

do A A
do BB
di A
Hamilton BT.. ..
do
TT ..
do
D
LewlstoD A.. .36
do
A..,, 32
do
A.... 30

9X
!«
14
13

io"
17

8)tfi

Hamilton

8^ Laconia
7« Lyman H
8x1 LangleyB

Width. Price.
Lancister

4-4

IbX

Minnehah.1... 7-8

20

do

....4-4

Omega medal.

3)
do ... 32
AC A.. 33
AC.^.. 38
36

do
do
do
do

A

Pearl River

ux
13H

Swift River

15

ThorndikeA.. ..
do
E
Willow Br'k No 1
Tork AAA.... S3
do

10

. .

13«

20

7-8
do
Methuen A A.. ..
do
AS.\. ..

Palmer
Pembcrton AA
do
B
do
E

.

Broivn
Angosta.
Bcott

32

..

li>i
13

22X
88
85
17
15
15
16

li^

12«

MassD

8^

Mass. G
Pcpperell

U ....

Stark

A

corn

t

8

,

do double pinic
do icerHuckcre

Ancona fancy....
do
do
do
do
do
do
do
do
do

.

SH
9
9

15X
18
16

«

S
«

S
B

8
8
9

..

..

Garner's ftnciet..
do che'ki ,.
do robof
do pinki

8

do
do
do
do
do

purple.

UomeASx

.

do

8

frocks.

.

.

B«
'*H

Bristol fancies...

6«

do

cimbrics. ..
Briebton suitings
Berlin solid colors
do foulards
BrunswiC't ootids.
.

.

do ^h!rtln<;s..
do foulards
do ere onnes.
do percales
Cocheco fancy
do shirtings..
do robes
do purples..
do cambrics..
do pinks
Conestoga fancies
.

.

Central Pkshirtgs
Dunnell's fancy..

do checks
do hair cords...
do (jermans
do purples
do shirtings
do robes
Eddystone fancy.
Empire shirtings

Freeman fancies

do

5X
6
l>

6
fi

8
18'/.

6«
5>i

6X
6X
8

7

shirtings

6
6

6
5)i

do
do
do
do
do
do

6

.

Width. Price.
Amoskcag A. 36
8
..Z 3-3
do
6X
10
.. 44
do
11
do
..46
do
C-4
13X
.10-4
do
Androscog'n L36
's'x
do
AA 36
9
19
... 8-4
do
....9-4
21
do
...10-4
24
do
.

do
do
do
do

36
6-4
.7-4

8-4
»-4
....10-1
....11-4

do

Amazon

7«
15
17

20
23

30

36

Ballardvs'e. .. 3ti
Bellows Falls 36
Barker's .Mills. 36
BartlettsA... 36
Ballon* Son.. 88

do

.33

Bay Mills .... 36
Blackst'neAA 36
28
32
36
36
36
36

Boott R.

do G.
do SS
do K.
do 3.
do S

B-4
7-4
8-4
9-4
10-4
do
Chestnut Hill. 36

Boston
do
do
do

6

S6
Dwight D.... 40
do StorS. 35

9X

,

36
do AA
do Anchor 36
do Star.. 42
do .. 45
do
Ellerton imp 9-4
do 10-4
do
WS 4-4
do
do 9-1
do
do 10-t
do

B)4

Elmwood

7H
8^
SH

36
FltchvlUe
Forestdale... S4

36
Fearless... ...38

4

?^

ii
13

do
do

7X
6)i

8X

42
36
39

Howe

.36
Ind.Orch
DW. 38
do

King Phillip 36
do camb. 36
Knight camhr 86
.

8-4

7«
'H
8

7X
9«
«X
8X
12

84
17
20
22',4

»X
11

13

lOK
8

8

MX
8X
13

9
10

Methuen

27
Merchants ... 80
Nashna B.... 86
8-4
do
»-4
do

ix
si"

82X

8
7
10

N. Y. MiUs... 86
...8-4
do

lOX
2iX

11
12
24
27

do
do
Peabody
do

23

«X

im
a
lOii

7
7
8

6«

....

Pepperell

do
do
do
do

5-4

I

do
do
do
do
do

...9-4
..10-4

85
83
8-4
..7-4
..8-4
..9-4
.10-4
.11-4

««
8

9
8
10
10

)5
8
10
lSi4

85
7

27X

S3

Pocasset Can' 36

»

.

do
do

83
87
Pride cf West 30
Red Bank.... 36
do
.... 33
Reynolds AA. 86
Suffolk L
36
Seaside
36
Slaurville.... 33
Social
.36
do
36
Star
36
Tuscarora
38

H

.

W

X

XX

Utica

35

do ex hvy.. 38
5-4
do
6-4
do
8-4
do
9-4
do
10-4
do
do heavy.. 100
do Nonp.. 86

to

28X

*
IS

5V
5Jf

6X
6

9
6

lOX

nx
15
13

26
;o

S2X
IIX

Winona

38
Rock.. 38

White
4-1
Waliham
do hf bl.4 4
do
....8-4
....9-4
do
10-4
do
W'msutta twl 38
.

i»
21

.

i«vt

do
OXX. 36
do AAex an 36

lOH

do cambric. 36
do dbl warp
K .. 9-3
do
do
J ... 6-4
SJ.. 5-4
do
do
do ..6-4
do ..8-4
do
do ..9-1
do
do .10-4
do
do .11-4
do

18

.

ii>t,

ua
15
18
18

20

n

WaurcganlCiOs 38

do snirtcot ..
do No. 1...36
do cambric ..
do

as

2!V
S2i4
25

P..

Whltinsvlllc.. 36
13
15
18

13

16
IS

.7-4
.8-4
.9-4
!0-4
ll-«

W

86

Hope

!

I

....

1(M
do
NevmarketH. 36

14

Ind.bl.&w

SKI

''H

Lliiwood
88
Lyman camb.. 86
Lonsdale
38
do cambric 36
Masonvllle... 36
Maxwell
88

9X

8H

width. Price.

1'2H

M..

26
6

8X
7X

green& or.
ruby
Swiss rub.

Pequot

8?i

A..
Gilded Age...
HallowelfQ..
.3:3

5

Stalrtlnca.

6)4

Idem

8

6X

8..

Lily of Valley 36

BJ.'

Crusade
Davol

do
do
do

21

16X

i>i

Gem

of the Spindle
38
Greenville ex. S3
Green G
36
Gold Medal.. 36
do
.. 33
Qr't Falls Q..

e

8

Windsor fancv. ..
do Tnr.rd.27.|n
do
do S9-ln

..5-4
..6-4

do
lOOs 36
do camb'c

22X

7X
16

.36

Chapman
Conway

42

9-4
do
10-4
do
Langdon, 76.. 36
42
do
<»
do
do GB.. 36

low

do
do
Canoe

3:3

Laconia

««

7-8
4-4
9-8
5-4
87
X.. S6
88

Cabot
do

do
QO
do
do

lOX
9
7
6
9
-•H

5t<

6

and

Fruit of the l;n36

&v
55i

fa'cy

do Tur.rd.rob
do do rlk plds
do do rt plds
do do 3-1 pl'a
do do 3-4 cash
do do 7-8 pl'n

5«

.

i'li

chocolates
robes,
purples..

Width. Price.

Hill's 8.

7M

fancy.
robes ..

do
do
do
do
do
do
do

5«

Mystic fancy

.

do

8

Oriental fancy
do robes
do purple....

shirting
staple^..

Wamsntta

purples...
stripes. ...

6X

8¥

German p

I

5X

S
8

. .

R
6

buffs.

•

8
8

<

frock
hairc'ds..
checks

I**
6
8

pin
links.
frocks.

...

10

6

BV

ruby

6X Washington

SO

8
t)f

I''

b}(

do xxao

»
....

8^

do
grcyi
Union mourning,
do Grec'n grey
do solid i)lack.
do shepd plds.

7X

no ri stls
Card.re 25

....

robes...

Steel River fancy,

.

Ftripes

do
do
do

tV

shirtings,

do
do

8

Herrimac V fey.
do shirtings..
do robes
do F pink fks
do F purple..
do F checksd}

•
•

Indigo bl
greens...

do fancy stap
Sontbhridge f'ncy

6

Mallory pinks,

6
G

do
do
do
de
do
do
do
do

6

do 9-8camD..
LodI fancy
Manchester fancy
do
Imperial

(
t)f
,.?.

8
Spragne's fancy..5X-8

8

Knlckcrh'ck'r fey

Bleaclsed SbeetlnsK

.Vnburn A
Allendale

8
8

.

do purplet. ..
do robes
do monrnlngs
Barters fancies.,
do Ger. piald.
do ruby
do Swiss do.,
do choc, stpis
do robts
do greens....

.

do solids
Albany
Bedford

.

do solid black
SImpion'i iol bks
do bik A wh
do shep pId*
do sllrcrgrey
do balrcl chr
do grass clotb
do snltings.

s
8
8

do checks....
do robes ....
do Etripes
do purples
do hair cord..

Harmony fancy.,

do furnitures
Ashland fancy.
do shirtings.,

'iii

.

's"

MM

in

shirtings..
fancy...

pink ch'ki
Oermans.
pur
u rules....

.

.

Oennan.,

5V Hamilton

Arnold's fancies.,
do shirting.,

do solid col'r
Peabody solid...
RlchBonds fane's
do cbocolatM
do robes
do dbl pinks.
do plak chka.
do pink strps
do aat'd itrp*
do checks....
do rsd t biM
Germans
Raven moornlng..

•olid..

do monrnlog.
do shIrtinKS..
da shep'd pl'd
do so: fd
Id black
Gordon fancy

8

Pataale fancy

moanilon

Qloucester

t>\

PaciacllghiAmsd
do dark rncjr
do robM.

shirtlon..

6X
6

Orlsnial mhr
do hirtlngt..

.

stripes
staples...,
dbl pinks.,

Durfs.

do

8
8

8

?'<

checks..

Freeman ruby....
do Hwin do.,
do pliiks
do robes
do black). .

do

BblrtfnKS..

Aliens* fancy.,
do frocks

.

Drill*.
e)i

..

235

do Hultinn...
do >«lld black
do (bepd pid*
do
do ^Vr
*wb.
do fancy
do Kr'aAur'KO
American fancy..
do robc«
do id. checks,
do J'd. pinks.,
do Krecn * or.
do bine&whit.
do blue&orga

Albion tolld

Fbidat. p. M., Aag.

for

.

THE CHRONICLE.

31, 1S78.]

THE DRY GOODS TaADE.
The

..

..
..
.

.

33

We5»ac'mc'n.B36

G 38
do
do
88
Warren AA.. 86
R...98
do
WmiamsTille 38

DW

Weivers' Pr.. 80

10 >

10-

iix
8
7
7.

ii"
10

8
10

—

.

.

..

"

..

OHRONICLE

TH]5

236

Exports of Leading Articles Trom flew York.
The following table, compiled trom Custom House ret nrov

mporlatloaii ol Br» uooil».
tl'^^^f^'' !'l'i„iP,f
The importatioDB ot dry goods at this port for of
187( and l»/o,
weeks
Aug. 29, 1878, and for the corresponding
have been ae follows
„, ,„ o
ADO. 23^
niTBBCD FOB OONSDHPIIOH FOK TBB WBBK MDUIO
'^» ;^°:

-1876

PkB«.

Vain''.
$466,217
387,385
673,319

Valne

j.371

1.018
1,168

500
7«7

428,118
141,309
140,790

843
79 i
440

1670,803
831,400
574,668
176,132

Sil

171,1-9*

140,144

4>4

117,174

8,195
__ *l,24S,rD3
,

4,5«

11,799,137

4,3.36

$1,65),99:

»823,958

171

•;J44,153

10;,bl6
182.063
105.740

132
.300

103.436
70,458
Jl.lCS

•

cotton..
rillc

.

Pke«.

t377.3l5

Manufactures of wool.

do
do

-1877

.

Valne

931
641

Pks».

flax
"
do
lUacelUneooa dryKooda.
.

1,09ft

.356

[Vol. XXVII.

8S5

articles from the port of N'ew Tors
to all the principal foreign countrieB since Jan. 1, 1878 the
totals for the last week, and also the totals since Jan. 1, 1S78
and 1877. The laet two lines show tofat i)a/«e«, including the
value of all other articles besides those rawn tinned in the table.

shows the exports of leading

Total..
^^^_
DOBINO TBK
W.-THD^W» raOB WABHBOOBK AND TBBOWK IBTO TBB HABKBT
.

sn

$3-i0,4;0

341
203
453

<M,36S
177,595
86,584

Ml

a ,09?

805
317
207
603
SO

1.953

»734,11J

I,8ti2

)1746,351

1,631

51J,U0

forcoDannipt'n.3,193

1,2:6,798

4,542

1,799,137

4,336

1,654,937

Mannfactnrcs Of wool ...
cotton..
do
«llfc
••
CO
..
do
^ flax.
Miscellaneous dry goods.
•

ToUI
Addent'd

.

•

Totalthrownnponmark't

38-i

SCO*''
« * "c ffi S "i o

-00 1-

a 2i^

00^012

gssc s

— OT " O OT so
•* ^
—
-n i6 CC -^ ^ Oi
s:

OQOiNt-c-OiXitn
-£

-^

•Snj^o^l.'ss'coot

Oi

--ti

Oi 3i eo

I-'

v*/

f>*

as

2*C003=S3^&,5ioOeO

W.-W00CO--O

.OO

•

:
J

•fl^L'^SZ,

>

iO U3
CO 1-

a -^

'fi

i;c

cv

T>

W— — CC « tW3

5,937 12,167,127

$2,544,488

6,404

5,153 11,980,910

I-

-a,9!)i

CNTBBBD »OB WABBB008IHG DUBIHS SAHB PBBIOD.
1.19,984

761
175
191

40,850
17,258

778
283

$411,030
1,2)6 798

2.188
4.542

1,799,137

entered at the port. 4,275 $1,660,828

6,730

$2,493,116

408
340
158
228

Manufactures of wool...

do
do

cotton.
silk.. ..

do

flax

Miscellaneous dry goods.

J160.297
55,641

51

1.080
Tolal
Add ent'd for c.msumpt'n 3,195

ToUl

501
172

»S05,,'i67

74,2!2
172,733
103,718
31,749

95
321
91
1,184
4,3:6

$693,979

$203,794
59,179
99,489
61.629

mS^S

-

—

-«•

to 35 3* as

14,371

$438,462

.£^ w-

1,654,937

ii

Impurta of lieadiuK Articles.

00

3

->»

•

•

-~s

eo'^c*"
1-

0-*

MO

-IT*

MoH
....
u

O

0*00

,

.

•

Is

8.417
23.896
214,73'.

14.811

6,924
82,640

18,765
5,466
4,377
32.10;

1(1,166

17,iii;

l,026,8t2
3,467

1,251,613
S,237

24,877
17,086
1,839

9.779
18,851
2,36„

Madder&Ext.of

18,821
2,3C9
4,602
2,921

Oil, Olive

2I,5t,7

40,75i
Wines
3,2i0 Wool,bal2S
3,769 Articles reported
3,61h
value29,321 Cigars
761 Corks
14 77; Fancy goods

Oocoa

bags.,..

Colfee,

bags

Ootion, bales
Drugs, AcBark, Peruvian.
Blea. powders.
Cochineal

Cream Tartar..
Gambler

Gum, Arabic
Indigo

Opium
Sodaasb
piai
Purs

Bnnnv

966

.

Soda, bi-carb...
Soda, sal

!S,70l

40,652
41,325
2,121
4,3^3
3,044

1,671

101,974

Ac-

m

Bristles
Hides, dressed..

—

India rubber
Ivorv
Jewelry, AcJewelry

Tin

A

Sugar, bxs

7«.206

S8,2-,9

3 -',50 7

676,442
7,681,172
90,764

661,877
7,281,316

4»l,t05
l,39o,Ss7

451,663
2,08(,378
613,894
38,958
662

bags

565,!)07

36,484

315

Wines, Ac—
Champagne.bkts.

59,954
94,741
81,775

1,605
36C
212,968
65,193

Watches
Molasses

O

'?*

*

-

tnia

1.- jl;

•

t

.

•

oioQ <Otr*
».-'^

''"^^^

*

'O

•040000

1°*

!

so

r'

-;

t:

.o
— ao5«^^t-»
<— f—
t^^
00

S? -o »o c;

-£>

— t- «ao

•O TO

9*

— t- 30 -^foooec
00
i' t(T*COw

.-.

7-?

.

;3 3>

-s>

— mvj
T»
n

» 3- ao irt I5 Tf Orc-

.orooacTJ'W

00
.35
,

TS-

r.-stzu

-O*

i-i ..2

56,626
89,160
27,2j8

erfff

M
^ 54 o

•

.
*

•

>

oS

»

$
789,24i
45,445
53 i,279
211,803

S <ii
s

1,003,26?

761,936

3.«

l.fil.l.WI!.

1,181,S)8<
58.5,336

.

Ac—

Spices.
Cassia

120,585
41,061

Ginger
Pepper

283,124
124,040

Saltpetre

liinseed

Sno

^00 -t

973,550
41,002
620,19!
264,113

513,715
401,483
7,273,997
200,472

,

Raisins
Hides, undressed
Kice

490

r-rt

•

w: r-

!

9* rt

Ac-

Nuts

4,4,5?

•

-

147,8.39

ftv

Oranges.

38,4014

--....

•

g.^a

;

5.34

78 709

S
(O

Lemons

69

K

•
•

Tea
Tobacco
Waste

1,093

^'

A

tcs.

bT>ls

l,17i

3,14
28,

slabs, lbs...

Paper Stock
Sugar, hhds,

Fruits,

120,932

Hides,

Tin, boxes

Fish

Hemp, bales

Hair

a45
4,887
772,946

Lead, pigs

34,668
3,677
3,995
4,2i4

596

2,600

Spelter, lbs
Steel

.39,148

cloth

2,699

Hardware

8,E63
S3,8>1

3,

•

:!;

eo-^

157,l'08
*)2

3: C«
a 1>
7< O ^

tD^52»f5

.CO

:» :g2S

Sic—

Cntlery

Barthenware—

:

Same

Since

MetalB,

:

«>

Jan. 1, '78 time 1877

China, Glass and
Earthenware.
Slass
Glassware
Glass plate
Battons
Coal, tons

i

Kivea In packages wnen not otherwise specifled.l

Same
Since
Jan. 1,'79 time 1S77

CD

•

6,620 $2,093,449

The following table, compiled from Custom House returns,
•hows the foreign imports of leadine; articles at thin port since
Juinar; 1, 1878 and for the same period in 1877:
[The quantity

O

691,407
8,119,691
191,775

68,525
80,*i!
364,758
332,092

QD

—

mao

O3

-:;

M &"'

^O CO

Mi-I

TOO

V w
i?»

•
'

^
I-

I

*^
r- 1- Ct

-

O

C

^

OH

•

Tf tn

Woods-

:,84i
297

Cork

850 812

3f5,585
31,072
467,028
43,735

Fustic

Logwood
Mahogany

8'.i,76I

578,963
22.5'i6

.389,618

33,413

Receipt* or Domestic Produce.

The

•

receipts of domestic produce since January

same period

for the

of 1877,

1878,

1,

and

',S|

'oo-o

have been as follows:

SOD

Since

Same

Since

Jan. 1,'78 iimc 1877

Ashes

pkgs.

2,935

4,9.'5

Breadttulfs—

"Flour
Wheat

..bbls.

bush.

Com

Oats

"
..

Rye

.

.

"
"

Barley A malt"
.

Onws seed. ..bags
Beans

bbls.

bush.
Peas
Com meal.. bbls.

Cotton

2.633,531 1,8 9.763
3«.»91,6(,9 4.768,889
21,376.881 20,416.194

l.)4,e58

»,;oi.i9;j

"

603,170
S.SS6

884,S:|0

Hemp
Hides

No.

;s6,6ia

139,1.

bales.

Hides

bales.

Hops

bales.

leather

sides.

e6,58J
50,8 V

Molamcs

hhds.

J,7:38,68n
is

Molasses

bbls.

113, Hi.

Naval StoresCrude tnrp..bbls.
Spirits turp "
"
Boaln
"
Tar

Oil, lard...

Peanuts

Cntmeats

"X

1,513
336,503
11,96;

2,7t5
:87,021

.bass.

49,C8ii

74,;59

768.S24
2,004,09i
862,851
355,0.9
175,606
36.960
529,3)9
28,171
21,945
:92.669
14,814

799,103
1,111,425
610,727
356,763
123,700
26,262
268,604

5,414
9l

^o«?£-.:::

36:j

1,973
81,76^

13.5M

*»

.*

.kegs.
pk;^s.

Starch
».
.

28,.304

24,081

6.50

713
12,616
45,912
1S8.S94

.

61.413
127,331

.hhds.

103,9ri9

73,5!il

.hbls.

147,834

101,2;I7

5?,"67 Wool
bales.
260.714 Dressed hogs.. No.

61,3lO

6!>,9So

19,8o7

59,467

5.36:i

16.11;

Whiskey

..

-"

<?;

•

i

*

uc

t-

-o-'

ODf

=r

9&CO

'M

s

M

s

'^*

*

'

s=^'

^•0

^

A n ^

,Sl?ll«^
d '"".
i

cc OQ

14,913

15,001.

Tobacco.

o

g-S

838,:371

.hhds.
TaJlow ..!! .pkfs.

- oi
•

:^ -r

B3«

13,3M

..bbls.

Tobacco
861.321

*.

*«

Beef
Lard
Lard
Rice

91.678 Stcarlne..
37,470 SU!»ar
2,809.856
6S.0)5

,

«»

78,02.)

47,250
189,500
151,496

* £-

Jan. 1,'75 time 1877

Pitch
..bbls.
Oilcake....

Provisions
i<,503,454 6,078,3ifl
Butter
.pkgs.
2,2;u,4'4
Cheese...
5«l.427i
2,826,61a
123,964
47,393
458,647

•ect-icSi'N

Same

:

fH

a

ill
» a S

•2,

•
:

;.=,2

:

.

;o

.

:

:*

las
"So
w
BO

4.

^!»>

~" ~

.

:

0^

n

75 73
.

.
1

n

« o o

t-.t<

—
AOOUST

THE CHRONICLE.

1S78.J

31,

fi|cniii*lii|M.

COTTON
SEED TO LOOM.

niH CiHKAT

Line

Providence
TO

B OSTOW

FROM

,

VIA PROVIDKNCE DIRECT.
UKSl~rNLY «

Kl-LL .NIUHT'6

I

OF KAIL.

MII.EB

Ttic Fnvorito I'aliuc StcniniTp:

KIIOUE ISLAND,

dASSAClirSETTS,
C«pl.

HAV ALLKS.

t«pt.

I'lpr

'

•

late landliiKS

A.M.

llosion «t 7

111

between .Sew Vork

8r8

.

No. 89

street.)
Nii IntiTiiieanil I'rovl lencc.

lilvvr

'nMoniterf arrive

1

JKSSK MOTT.

Fnml«y»), from
M Dally (except (foot
p
» "' North
ot Warrtn

;

The contents of

this

book are

as follows:

THE OLD KKLIABLE

iTOKIXGTOIV' LINE,
FOn ALL POINTS EAST.
North
am. From
r. m
I'ler

I»

;
>

No.

Ulver (f09t of

33

^^^ „reet.)

8Utt-rooin»andtUKeI» FdU KITHKR LiNEsecurcU
aeSMroa.lway ami »l all utHcei) of Wesitcolfs EijircM
umpany. AI»o tliketa hold at all hotel tickcl-omcca.
'r«l«ht,
* rill eKherUnc, taven at reduced rates.
t

1).

UABCOCK.

8.

Introductory

ONLY

— Showing

Company's

The tttccral Traiisi-Atlantic
Steaiiisliips,

CHAPTER

PlTmoulh for the laiidlni; of Piissenacrs.
Tne splendid vessels on this favorite route, for the
ontlnti;t—caelns provided with electric hells— will
Morton at.,
til from I'lcr No. U North lUver, foot of
H folio WH
Wed., Sept. 4. 11:31 A.M.
\BliAmin, fanRller
Wed.,
Sept.
1
4:30 P. M.
Lachesnez.
iT LA t" UKNT.

t'alUnc at

*

.

1 ,

Wed., Sept. i8, ll:;«)A M.
riillK OK PASSAGE IN GOLD (Including wine);
r» Havre—First cahln, $100; second cabin, I 5; thlrt
stttcraKc, $liG— Including wine, bedding and
p. $35

HiN-CK.Tni.leilO

;

England and France. Steamers
not arry steerage pissengers.
passage and freight apply to

ik'h
.

—

CHAPTER

BI-MONTHLY 8KKVICS TO JAMAICA, HATTI
OLOMBIAandASPlN WALL, and to PANAMA and
UUTa PA(;1F1C POKTS (via ABPlnwall.)

full-powered. Iron acrew ateamers, from
No.^l. North P.lver.

For Kingston (.Jam.) and Hayti.
.-eptember 19
lETSA..
\s
Haytl, Colombia, Isthmus of Panama and Soatn
Paclllc Ports (vi» Asiimwair).

August 31

I

Seplcmbcr

A1LS.4

FOKWOOD *

i'<'..

No.

56

W. Lamkin &

—

—
—

Fall

VI.

Growth

its

it

—

—

—

Co.,

CHAPTER

VII.

—

Cotton Factors,

—
—

Cotton Enemies in Summer, Lice, Rust, Shedding, Boll- Worms, Caterpillars, &c.
Number Bolls to Make a Pound, &c. Rainfall, Thermometer, CiinoKlOf-E Weather
Reports and Agricultural Bureau Reports, from July to December, for 1870 to 1877
Tables showing Date of Frost and End of Picking Season at a number of points
Important deductions from this
in each Southern State for Seven Years Past
Review and Analysis of Weather for past Seasons, &c., &c.

14

Agents,
Wall treet.

miscellaneous.

D.

—
—

its

boperior uret-eiiibB uaaseuger aixoin:,i00 .ticn.

PIM,

—

— Formation of the Bud, Shape, &c. —The Blossom, how
Color and Shuts and Falls — Formation of Boll — Habits of Blossom and
changes
Plant in Relation to Sun — Definition of Bottom Crop, Middle Crop and Top Crop

Summer and

.

.LPS

V.

—

CHAPTER

Pliit.^lass,
ler

CHAPTER

—
—

Gathering and Marketing of Crop The Influences affecting Market When and why
a Crop will be Marketed Early An Analysis of the Movement to the Ports of Each
Crop from 1870 to 1877, and tbe Reasons tor Delays and for Haste Tables Showing
at Several Points in Each State the Date of tbe Receipt of First Bales, Arrivals
New Cotton to September 1, &c., &c. Also, Height of Rivers for a Series of
Years. All these iTacts are so arraaged as to enable the reader to form a correct
opinion of the future. This chapter closes with the daily receipts and percentages

—

VICKSBL'RG, miss.
Orders to Purchase Cotton In oar market solicited.
Keter to Messrs, THOMAS J, SLAUGHTER, New
.rk.

—

Planting Cultivation from January to June How Land Prepared and Seed Planted
Old Lands being Reclaimed Early Growth of Plant Cliopping Out Securing
a Stand Cotton Plant very tender in Early Life and tough afterwards Its Early
Enemies and Diseases Crab Grass Wet May and June Rainfall, Thermometer,
Chronicle Weather Reports and Agricultural Bureau Reports, from January to
June, for 1870 to 1877 Very impoitant deductions from the weather data, &c., &c.

—

Atlas Mail Line.

—

—

—

Ageut, 5S Broadn'a)'.

IV.

—

Acreage in the United States Yield and Acrfage by States since 1S69 Possibilities of
Crops with Acreage given Growtli in Acreage illustrated and proved Percentage
of Production and Acreage in Each State, &c., &c.

marked thai

DE REBIAN,

—

—

I

liOlJIS

III.

India production of Cotton Goods from Earliest Dates Interestiniir Review of the India
Export Trade in Goods from before the Christian Era to the Present lime, &c.
The Monsoons and their effect upon and relation to the Cotton Crop Also, the
past Production of Cotton in India and the present supply, with a detailed
description of each Cotton District from whicli the present supply comes Several
wood-cuts and full Statistics of the Trade, &c., &c.

;

-Us.
I'lj-mouth, London or any railway station In
•iKEand— First cabin, $90 to $110, accor ling to accomuidallon sei.ind cabin, $fi5; third cabin, $35 , steer<e, ti'. IniiudluK everylhlng as above.
Keturn tickets at very reduced rales, avallaole

r

II.

History of Cotton in the United States from the date of its earliest production,
tracing the progress from year to year, with tlie inventions wliicli gave the
impulse to that progress; also a table of receipts and exports at each out-port of
the United States from the earliest records down to 1877, &c., &c.

BXTWKEN

SEW VORK AND HAVRE.

I.

the Object and Scope of the Book.

CHAPTER

Direct Line to France.
Mail

CHAPTER

Pn^sldent.

W. rlLKINS, General Passeuifer Agent.

L.

We

have prepared a large Map of India, showiog, among other things, all of th«
(wttoD districts of tiiat country.
The map is made up from original lources and will,
we iliink, be found very useful.

—

of past receipts for a series of years, &c., &c.

CHAPTER

t^^^'
JOSEPH GILLOTT'S

CHAPTER

STEEL PENS.

SoU hyall dtaUrt Oaroughmt tht

VIII.

Prices of Spots and Futures, for a Long Series of Years, at
Cotton Movement at New York, &c', &c.

New York

and Liverpool

IX.

—

Consumption of Cotton in Europe and the United States Some Tbouirhts on this
Subject which may bj Suggestive— Also, full Tables and Statistics Showing Past
Consumption, &c., &c.

il^orU.

Smith's Umbrellas.
.INQHAM

WANAOO

,

.

anytize

SI

patented

2

<ILE, paragon frame

''ic Silk Unibrellaii

11

2
in great variety.

inbrcllas and Parasol* to order

&

This is a very brief summary of the contents of this book. It is a
containing everthing the
00 large octavo volume of over three hundred pages,
for reference, and drawing conclusions from the experience of
needs
trade
00
which ought to make crop estimates in the future less difficult
90 the past,
and uncertain.
'

repaired

36 Fulton Street, near Feail Street
laO Fulton Street, near Broadway.
104 Broadtvay, near Pine street.
1S8 Bruadtvay, sear 2iith street.
405 Broadway, near Canal street.

Established A.D.1802

Three Dollars.

Price,
Will 6« mailed to

Wm.
.

B.

Dana &

any addreat

Co., 79

HEXRT HERBERT,

pott-paid on reetipt of priee.

&

8i William

5 Au«tlu Friars. Old

Broad

St.,

ht.,

N. Y.

London.

.

THE CHRONICLE

VI

Woodward &

Stillman,

SEAMEN'S BANK BUaDlNG.

&

WaU

78

NEW

Pirn, Forwood& Co.,
GENERAL COMMISSION MERCHANTS,
New

TOKK.

P.O. BOX 4964,

30X613,

P.O.

Street,

Orleans,

New

I-a.

Also, execute orders for Merchandise In

ordera tor
Special attention paid to the execution of

England, China, India and Singapore.
UNDERWRITERS IN NEW ORLEANS

&

Henry Hentz

of Liverpool^

&

Bennet

Foulke,

QENBRAL

cominissioN merchants,
&

174

176 Pearl

St.,

New York.

GENERAL

COMMISSION MERCHANTS,

JAMRS FINLAY

LrVKRPOOL, LONDON

CO.,

Sc

AND GLASGOW.

FINLAY, MUIR &

&

Dennis Perkins

New

Street,

&

Special attention given to the execntlon of orders

H.

R. Smith

B.
and

Co.,

Ifork.

Farley,

Street,

New

3,909.

York.

Advances made on ConsIgHments.

COTTON.

E. O. Richards,
(Successor to A. L.

No.

S9

RICHARDS)

|

and Commlaslon Mercbant
BROAD STREET, NEW YORK.

James F.Wenman& Co.,
COTTON BROKERS,
No. 146 Pearl Street, near Wall, N. Y
Established (In Tontine Building)

H. Tileston

Wm.

61

&

7,950 01

North

Felix Alexander,
COTTON BROKER,

Company
OF

LONDON AND EDINBLRGH.
Dniteil States

Board of Management,

NEW

Entire attention given to purchase of COTTO
ORDER for SPINNERS and EXPORTERS.

on

SOLON HUMPHREYS,

Tork; "William B. Dana& Co., Proprietors Couukb
ciAL AND Financial Chbonicle, and other New
York Houses.

Macaulay & Co.,
COMMISSION MERCHANTS,
WILLIAM STREET, NEW YOEK.

DAVID DOWS,
FABBRI,

E. P.

Esq. (David

Esq. (Drexel,

CH.VS. E.

& Co.)

P.

BLAODEN,

Office

54 William

St.,

New

Liverpool

London

York.

&

J]

& Globe

Al

New Vork.

Insurance Company^

Copeland,

I

COTTON BROKER,

STREET, NE'W

136 PEARI.

YORK

45 Williavt St»

Grand Union Hotel,
rooms,

a

Toilet,
where

J.

E.

PULSFORD,

all

Tclcgraplilc

RaKsase

and

parcels can be left

Elevator.

Rbsidekt Manaqeb.^

elcant

Indicator, with
Valise ItoomaFREE.

Cafe and Restaurant

LyOmfuercial

sup-

plied with the best.

Cars, Stages and Elevated Railroad
all

OENESAL COMMISSION MERCHANTS
14S Pearl Street, New York.

ticpots.
vr. ».

to

GARRISON, Manager.

iS>P

iETNA

.

COTTON BROKERS,
Insurance Company
OF HARTFORD.
BEAVER STREET, NEW YORK. Total Assets,
January
W.
ST.115,631 42
1,

Capital

Reinsurance fund
Unpaid losses, etc

L. F. Berje,
COMMISSION WERCHAKX

t A.

Union

Insurance.

WALTER & KROHN,

«KW ORLEANS,

Co.)

MAN.AGERS

COMMISSION AND COTTON MERCHANTS,

find atlachcd to this Hotel, contuining 3iO

COTTON FACTORS

Morgan

WHITE, SAM.

.

Tainter,

BLOSS & INCHES,

&

Co.)

S. B.

Edward H Skinker & Co.
Geo.

D. Morgan

Dowa &

CHITTENDEN.
EZRA WHITE, Esq.
JOBS J. ASTOK, Esq.
Hon.

Future Contracts for Cotton bouisibt and sold on
Commission In New York and Liverpool.

Co.,

YORK:
Chairman,
(E.

COBBKSPONDENCE SOLICITED.
References .-—National Bant of Augusta, Georgia;
Henry Hentz & Co., Commission Merchasts, New

9T Pearl Street,

British

and Mercantile Insurance

AUGUSTA, OEORGIA.

NOURSE & BROOKS),

WTTON BUYER AND

tt'J,203

Ml.ll'a'4

»6,180,87SU

Opposite Grand Contra] Depot.
OENERAI. COTTON MERCHANTS,
RANKERS,
RROKERS, MER07 PEARL STREET, NEW YORK,
CHANTS and the TKAVELl.NG PUBLIC will
Future orders promptly executed.

S3

2JS.665 41

12,288 53

Liberal advances made on conslgnmenta. Prompt
Sersonal attention paid to the execuilon of orders for
le purchase or sale of contracts for future delivery."

1841.

Orders In Futures executed at N. Y. Cotton Exchange

(Successers to

&

AND

COTTON BUYERS * C0.MMI8SI0N MERCHANTS
60 Stone Street, New York.

&

50

199,^6 00

CHAS. J. MARTIN, President.
J. H. WASHRXJRN, Secretary.

COMIttlSSION OTEBCHANTS,
125 PEARL STREET, NEW TORK,

22

Waldron

00

l!)0,2tj

A Dividend of FIVE Per Cent hu
been declared, payable on demand.

Co.,

44 Broad Street, Boston.

Seeclal personal attention to the purchase and sale
»t •• CONTRACTS rOU FUTUKE DELIVKUT" OF

-flblpplng

|246,US 2S
2,C24,553 00
3,C50,ti25

Keal estate

COTTON

FINANCIAL, AGENTS,
O Box

Cash In Banks
Bonds and Mortgages, belns first lien on
real estate (worth $4,315.000)
United States stocks (market value)
Bank Stocks (market value)
State and Municipal Bonds (market value)
Loans on Stocks payable on demand
(market value of Securities, tsu.iij 10)
Interest due on ist of July, 1S78
Balance In bands of Agents

Delivery.

AND

P.

Fntur«

for the Durchase or sale of Contracts for

J.
COTTON FACTORS,
commissiojS merchants,
132 Pearl

ASSETS.

Total

COTTON BROKERS,

H. W.

$6,180,873 16

SUMMARY OF

CO.,

CALCUTTA AND BOMBAT.
rUTUKE CONTRACTS FOR COTTON bought
old on commission In New Tork and Liverpool.

117 Pearl

1,79,5,699 50
206,131 28
1,179 042 38

NetSurpluB

Issued at this office

New York.

lai Pearl Street,

Also execute orders for Merchandise through

ne«*rsi.

Reserve for R«-Insnrance
Reserve for Unpaid Losses..

Premiums due and uncollected on Policies

Advances made on Consignments to

neura.

Fiftieth Semi-Aiinnal Statement,
BHOWIMS THK

Condition of the Company on tbe firjt
day of July, 1878.
CASH CAPITAL
$3,000,000 00

Foreign Marine Insurance

Compaur

Co.,

BROADWAY.

135

TOTAL ASSETS

for the

&

Britisb

-of cotton.

NEW VORK,

OF

©ENEKAL COMMISSION 3IERCHANTS
LEECH, HARRISON & FORWOOD,
I,OANS MADE ON ACCEPTABtK
LIVERPOOL.

future delivery
-the purchase or sale of contracts for

Insurance Company
OFFICE. No.

York

SECURITY.

HOME

York.

Execute orders for Future Contracts In New
and
and Liverpool, and make advances on Cotton
other produce consigned to

Ub«r»l advances made on ConBlgnmenta.

XXVIL

Insurance.

Cotton.

Cotton.

No«. 74

[Vol.

$3,000,000 00
1,741,ST3 48
5,170,388 84

LONDON),

ALFRED

PELL,

<

Resident Manager,

,

•

I

3r^&S9 Wall Street.
R. M. Waters & Co.,

.

54 RROAD ST., NEW^ ¥ORK.
ADVANCES made on warehouse receipts and
St., New York. cojei:xiiment.s of cotton.
RUY AND SELI, cotton contract! andflnt-'
AL£XANP£R, Ageat,
diss iaveetmcat
A.miMM

NET SURPLTJS, Jan. 1,
No. a Cortlandt
JAS. A.

«9,IU 82—

Ins. Cai

1817..

$1,946,436 18

i

s«i;uriti«i»,