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HUNT'S MERCHANTS' MAGAZINE,
REPRESENTING THE COMMERCIAL AND INDUSTRIAL INTERESTS OF THE UNITED STATES
VOL
NEW
L'5.
YORK, AUGUST
Financial.
Financial.
National Bank-Note
(INCORPORATED NOVEMBER,
1
1S59.)
WALL, STREET,
NEW YORK.
EN0BAVKR3 OF TBS
ExGHAvnto akd Pbi.ntiso or
BANK-NOTES, STATE AND RAILROAD BONDS.
POSTAGE AND REVENUE STAMPS,
CERTIFICATES, DRAFTS. BILLS OF EXCHANGE,
AND COMMERCIAL PAPERS,
in the highest stria of the art with special saf»guards devised and patented, to prevent counterfeiting and alterations.
t
This Company engraves and prints bonds, postage
stamps and paper money for varioua foreign
vJovemments and. Banking Institutions—South
American, European, West India Islands, Japan, &c.
Communication* may bei addressed
Company in any language.
J.
J.
II.
VAN ANTWERP,
Asa
to this
P. Pottjb, Prest.
Secretary.
Capital,
$400,000
200,000
Surplus,
attention
given to
COLLECTIONS, and
prompt remittances made on day of payment.
Bo.tou business paper discounted. Correspondence
nvlted.
Kountze Brothers,
BANKERS,
IS
WALL STREET, NEW YORK,
lnue
Letters of Credit, available In all parts of the
;
also,
Time and Sight Bnis on
BANK OF LONDON.
the'
UNION
Cable Transfers made.
R. A. Lancaster
&
&
Messrs.
No. S2
JT.
s.
MORGAN
A:
CO.,
Charles G. Johnsen,
HERCHAJKT A3D BANKER,
166 aRAVIEH STREET
IHEW ORLEANS, LA
CO.
30 Exchange Place.
Henry
& HATCH,
FISK
BANKERS,
NASSAU
No. 5
ST.,
King
S.
Co.,
6c
BANKERS,
45 Pall Mall, London, England.
CIRCULAR NOTES free aj charge, available
NEW YORK.
Issue
In all parts of the world.
U. S. Government
amounts
Bonds bought and sold
to suit investors; also Gold, Silver,
eign coins.
and
In
for-
Grant
and Interest allowed on Balances. Special attention
paid to Investment Orders for Miscellaneous Stocks
COMMERCIAL CREDITS
for use against
Consignments of Merchandise.
Deposits received in Currency or Gold,
Execute Orders on the London Stock Exchange.
Make
on
Collections
all
Points.
Receive Deposit
and Current Accounts on favorable terms, and do a
General London and Foreign Banking Business.
M. K. Jesup, Paton &Co.
No. j> William Street,
MOW YORK.
KING, BAILLIE A
CO., Liverpool.
CORRESPONDENTS,
Messrs. WARD, CAMPBELL Ac CO.
NEW YORK
Adolph Bcissevain & Co.
Draw Exchange on Union Bank of London.
BANKERS
Accounts and Agencies of Banks, Bankers and Mer*
santile Finns received upon favorable terms.
Bonds, StockE, Commercial Paper, Gold, Ac, bought
and sold on Commission.
Act
AND
COMMISSION MERCHANTS,
AMSTERDAM, HOLLAND.
as agents for Corporations In paying Interest
Coupons and Dividends, and
alBo as Transfer Agents.
Interest
collected
and
Buy and
remitted.
Sell
Holland and
in
Mak:
ou Commission American Securities
Markets.
throughout the Continent
otl.er Continental
Collections
ol
Europe.
J.&W. Seligman&Co.,
BANKERS,
59
EXCHANGE PLACE,
Make Payments on Letters of Credit to Travelers
and transact a general American Banking Business.
Refer by special permission to Messrs. Blake
Brothers & Co., Boston and New Tork.and to Messrs
S.A W. Welsh. Philadelphia
CORNER BROAD STREET, NEW 10KK.
Payable In any part of Europe, Asia, Africa, Asatralta
and America.
Draw Bills of Exchange and make telegraphic transfers of money on Europe and California.
AND RAILROAD SECURITIES
A Specialty.
MESSRS. SPEYER A
OLD BROAD -ST., LONDON.
BANKERS AND BROKERS,
66 Broadway, New York.
SOUTHERN AND MISCELLANEOUS SECURITIES
Loans Negotiated.
NEW YORK CORRESPONDENTS:
Attorneys and Aqsnts or
issue Letters of Credit for Travelers,
VIRGINIA STATE
SPECIAL PARTNER:
Koln Wechsler A Commissions Rank.
Co.,
Bought and Bold on Communion.
BANKERS,
BREMEN, GERMANY.
Co
Boulevard HausBtnann
Deposits received subject to Draft. Securities. Gold,
sold on Commission. Interest allowed
on Deposits. Foreign Exchange. Commercial Credits.
Cable Transfers.
Circular Letters for Travelers,
available in all parts of the world.
Dividends, Coupons and
werld
31
Philadelphia.
Paris.
DOMESTIC AND FOREIGN BANKERS.
Saji'l Phillips', Cashier.
Maverick National Bank
BOSTON.
Special
St.,
Pres't.
Vice-Pres'U
Treasnrer.
1».
Drexel, Harjes
Co.,
and Bonds.
JIACDONOtGH,
SHEPABD,
JNO. K. CDBBUUl,
A.
&
Drexel
No. 34 South Tni bo
*c, bought an?l
United States Bonds, Notes, Currency
and National Bank Notes.
Herm. Abbes 6c Co
CORNER OF BROAD, NEW YORK.
Co.,
632.
Foreign Bankers.
Drexel, Morgan & Co., Franz
WAIL STREET,
THE
OFFICE, No.
NO.
1877.
4,
R. T. Wilson
BANKERS
2
AND
6c
COMMISSION
Co.,
Financial.
18
Albert E. Hachfield,
WALL STREET, NEW YORK,
DSALS IN
Farst'Class Investment Securities,
CITf BWNDS OF ALL KINDS,
ailboad Bonds, a*d socthzbx Sxcuxmxs or
ALL DjtSCKXPTIOVS.
MERCHANTS
EXCHANGE COURT.
Liberal cash ndvar.ces made on consignments of
Cotton and Tobacco to our address; also to ourlrlencs
In Liverpool and Loudon.
Government
Securities, Gold. Stocks
and Bonds
Bought and Bold on Commission, and
WANTED.
Mobile
A
Ohio Bonds.
Mississippi central Bonds.
New
Orleans Jackson
A
Oreat N.rthern Bonds.
Jefferson Madison A Indianapolis Bonds.
South Georgia A Florida Bonds.
LOAMS NEGOTIATED.
McKim
Accounts received and Interest allowed en balancs?
which may he checked for at sight.
47
—
Brothers 6c Co.,
BANKERS,
Wall Street, New
York.
.
.
,
'
THE CHRONICLE
1)
Oxo.
George H. Holt,
Member N. T. Stock Exchange
W». Balloo.
Texas. Bank
"We give special attention to collections on
WALL STREET,
New
12
DEVONSHIRE
all
BANKERS AND DEALERS IN
James Hunter,
Municipal Bonds.
P. 0.
Box
Savannah, Georgia,
81.
AND
&
Brewster, Basset
Co.,
26 Pine
our hands few
Boston, mass.
Kelly
Commercial
Dealers in Stock*. Bonds, Gold and
paper.
Board
Orders executed on Commission at Brokers
H.
Co.,
&
DEALERS IN GOVERNMENT SECURITIES,
Bay and
Gold,
Stackpole,
Western
Sell
all
62
parts of the United State.
&.
WALL STREET.
-
and
City
&
EBERT,
.
a
Information fur-
Correspondents— McKlm Brothers
ft
LOUIS MoLANE, President.
J. C. FLOOD, Vice-President.
C. T. CHRISTENSEN,
CORRESPONDENTS:
Smith, Payne & Surras.
The Bask or New York, N. B. A
NEW YORK
PHILADELPHIA.
Orders in Stocks and Bonds promptly executed at
the Philadelphia and New York Boards,
THE
Southern Bankers.
Anglo-Californian Bank
ST.),
WILUAMS, JNO. W. MILLER
&
Thos. P. Miller
Co.,
BANKERS,
ltlOBILE, AI.AttA.TIA.
Special attention paid to collections, with prompt
remlttam^es at current, rates of exchange on day of
payment.
Correspondents.
German American Bank, New
fork; Louisiana National Bank, New Orleans Bank
of Liverpool, Liverpool
—
;
W. House,
T.
BANKER,
41
MAIN
ST.,
LONDON, Head Office, 8 Angel Court.
SAN FRANCISCO Office, 422 California St
NEW YORK
Agents, X. & W. Seligman & Co.
Authorized Capital, - - $6,000,000.
Paid-up and Reserve, - 1,550,000.
Transact a general Banking business. Issue Com
merclal Credits and Bills of Exchange, available In all
parts of the world. Collections and orders for Bonds
Stocks, etc.. executed upon the most favorable terms
)
FREU'K F. LOW,
„„„„„„„
IGNATZ STEISHART, (Managers.
P. N.
HOUSTON, TEXAS.
DEALER
U. F.
LILIENTHAL.
Penzkl,
President.
\
MADE THR0VGH0U2 THE
SI ATE,
M. H. GAULT,
Leonard,"
BANKERS,
i ork
Correspondent
STATE BANK,
Incorporated
.Moody
lalS.
)
C.T.
(
Walkxb
Cashier.
Savings Bank,
$75,000.
15,000.
Sdrtltjs
Prompt attention given to all business in our line.
N. Y. Correspondents, Donnell. Lawson & Co
•
$1,000,000.
-
C. R.
Pres't.
MURRAY,
Cashier
AGENCIES:
Financial.
Jot
n Hickling
&
Co.,
BANKERS AND BROKERS,
Stosks bought and sold on margins at the New York
Stock Exchange. Careful attention oald to out-of
*
Jamison.
town
orders.
Correspondence
LONDON.—The Alliance Bank (Limited).
NEW YORK,—The National Bank of Commerce
Messrs. Hllmers, McGowan & Co., 63 Wall street.
CHICAGO.— Union National Bank.
American Exchange bought«nd
on Deposits.
Sterling and
solicited.
sold.
Interest allowed
Collections
made promptly and remitted
for at low-
est rates.
Montreal.
of
CAPITAL,
SURPLUS,
$12,000,000, Gold.
5,500,000, Gold.
GEORGE STEPHEN,
President.
R. B.
ANGUS,
NEW YORK
Nog. 59
A
.
General Manager.
OFFICE,
WALL STREET.
61
C. F. Smithers.
?
Asents
« encs
Walter Watsok, f A
-
sell Sterling Exchange and Cable Transgrant Commercial and Travelers' Credits
available In any part of the world ; issue drafts on
Bay and
:
and make collections in Chicago and throughout
the Dominion of Canada.
London
Office,
Imperial
No. 9 Rlrchln Lane.
Bank of Canada
Capital,
H.
S.
$1,000,000.
HOWLAND, President
HEAD
T2 BROADWAY, NEW YORK.
DEALBHS IN STOCKS, BOSDS, AND GOLD.
DALLAS, TEXAS.
New
-
BRANCHES:
fers
(Paid-in)
BUYB AND SELLS EXCHANGE ON ALL TOE
PRINCIPAL CITIES OF THE UNITED
STATES AND EUROPE.
&
Cashier.
LITTLE ROCK, ARK.
CAPITAL
Adams
J
German
IN
Gold, Silver and Negotiable Securities.
COLLECTIONS
Bank
HEAD OFFICE, MONTREAL.
Bank
(LIMITED),
B.
32 Lombard St.
FOREIGN AGENTS:
Cashier.
The Bank of New York, N.B. A., is prepared to issue
Telegraphic Transfers, Letters of Credit and Drafts
on The Nevada Bank of San Francisco.
B
.„„„,.
(Agents.
I
Hamilton, Ont.: Aylmkb, Ont.; Park Hill, Ont.;
Bedford, P. Q.; Joliette, P. Q.
SAN FRANCISCO, CAI„
LONDON...'.
STOCK BROKER,
203 WALNUT PLACE (316 WALNUT
THOB. P. HILLEB,
Up
Capital Paid
Especial attention given to Collections, and Remittances promptly made..
ra.
Austin,
Bell
J.
Commercial
Quebec, Value yfteld.
nished.
N. 1
sold,
OF CANADA.
Capital, fully paid in coin, $10,000,000.
and VIRGINIA SECURITIES
and
$9,000,006 Gold.
"
8,128,626
Exchange
A. J.
Pres't.
S. G. COLLINS, Cashier.
OP SAN FRANCISCO,
specialty.
solicited
-
WI. J. INGRAM,
JAMES GOLDIE,
BALTIMORE.
Correspondence
-
Exchange bought and
WILLIAMS, Vlce-PreB't.
CORRESPOND ENTS
New Yobk—Tradesmen's National Bank.
San Fbakcibco— Wells, Fargo & Co.'s Bank.
Co.,
-
LONDON AGENCY,
The Nevada Bank
BANKERS AND BROKERS,
INVESTMENT
-
-
....
Credits granted, Drafts on Canada issued, Bills collected, and other Banking business transacted.
$250,000
185,000
Capital Stock, Capital Paid-in,
F. J.
Baltimore Bankers.
Wilson, Colston
Capital.
Bills of
Western Bankers.
County Bonds.
Fhila.
CaiNADA,
Bank,
N. C.
DENVER, COLORADO.
DEVONSHIRE STREET
BOSTON,
78
OF
Exchange Bank,
County and Railroad Bonds.
BANKERS,
mane on
Bank
Merchants'
A. K. Walker, Casmai
WILMINGTON,
Co.,
STATE STREET, BOSTON.
&
I
Paid np,
BANKE'RS,
Parker
rates; also Cable Transfers.
Demand Drafts on Scotland and Ireland, also on
Canada, British Columbia and San Francisco. Bills
Collected and other Banking Business transacted.
D. A. MaoTAVISH, ( «„„„.,.
Agents.
C. M. MORRIS,
AGENCY OF
and Eugene
Co.,
Southern Bank, Savannah, Ga
National
First
ollections
Investment Securities constantly on hane.
State, City,
New York;
E. Bbrbuss, Pres't.
Auctions, and Private Sale.
40
York,
WALL STREET.
Commercial Credits issued f oruse in Europe, China,
Japan, the East and West Indies, and South America.
Demand and Time Bills of Exchange, payable in
London and elsewhere, bought and sold at current
sale at current rates.
References.— Henry TalmadKe &
&
North America,
No. 52
Advances made on Securities placed In
Negotiated.
CONGRESS STREET,
Chas. A. Sweet
& CO.,
New
Street,
Brokers and Dealers in Southern Securities. Loans
BANKERS,
So, 35
JAMES HUNTER
of British
acces-
Directors.—Benjamin A. Botts. Pres't : C. S. Longcope. W.J. Hutmlns.F. A. Rice, C.C.Baldwin, W.B.
BEN J. A. BOTTS, Pres't.
tSotts, Koh't Brewster.
B. F. WEEMS, Cashier.
ST.,
Boston,
York,
OF THE
AGESJC1T
Capital, $500,000,
Geo.Wm.Ballou&Co Houston,
8
Canadian Bankers.
Southern Bankers.
THE CITY BANK OF HOUSTON,
Boston Bankers.
XXV.
|Vol.
;
D. R.
WILKIE, Cashier
OFFICE, TORONTO.
Branches:—ST. CATHERINES, PORT COLBORNE,
ST. THOMAS, INGERSOLL, WELLAND.
Dealers In American Currency and Sterling Exchange.
Agents in London:
Bosanquet, Salt & Co.,
93 Lombard street.
I
Agents In New York:
Bank of Montreal,
r>y Wall street.
Promptest attention paid to collections payable In
any part of Canada.
Aporoved Canadian business paper, payable In gold
or currency, discounted on reasonable terms, and
proceeds remitted to any part of tho United States by
gold or currency drattonNow York.
:
j
CHRONICLE.
iHti
1877.|
',,
SEVEN PERCENT TEN-YEAR IJONDS
$6,000,000 Gold.
1,900,000 Sold.
Issues
Commercial Credits avai:a">le every wlicro.
Drafts on the ohlef olties and towns of
.1.
<;.
j.
II.
HARPER.
)
BT
43 milk Street, Boston.
$1,000,000.
These Bends are commended to the attention of the
TORONTO.
|
.
Collections
Hunk of Commerce,
and W.Watson.
National
,
ro»x.j c
siultiiers
,..
made on
tbe best terms.
Finaccial.
810
P. Ct. Interest
Iowa Bonds & Mortgages
GEO. W. FRANK * DARBOW, BANKERS and Nceotla-
tors of Loans. Corning, Iowa,
Hrondway. Western Union Bldg., N.\.,inako
•
and
195
loans on the best Improved farms In Iowa, at
8
ta 1
Hens and Improved
•er cent Interest. Always
•arms; never exceeds one-third
llrst
the cash value
The bonds have coupons
of the land alone.
attached, .>nd the Interest Is paid semi-annually, at
itral National Hank, In New York, and the
pftnclpnl, when due. at. tbe same bank. Several years'
experience of the firm In loaning has shown these
loans to be
MOST CONSERVATIVE INVESTORS,
as they are
believed to be as perfect a security as can he obtained.
issue of bonds is limited to one-half the amount
of the same class of bonds ever issued under a like
The
The security of each bond
Mortgage, but extends over
Is not confined to a single
all the Mortgages owned
by (he Oompuir. This Company receives no deposits,
guarantees no other securities, and has no other debts
than its bonds. Its mortgages are of like character to
those whtjh have been bought In the last twenty years
by Individuals, Life Insurance Companies and other
Corporations, to the amount of more than Y jfty Millions of Dollars, proving a most secure and satisfactory
Investment. The loans are all upon Improved farms
in some of the most fertile Western States, near the
railroads, with short and perfect titles, and average
less than $5'A) each, upon property appraised at about
three times their amount. Experience has proved that
well-selected mortgages upon this class of property
are safer than those upon city property, either in the
East or West. They are not affected by fires, or by
business revulsions; principal and Interest are more
promptly paid and upon the success of agriculture
depends that of aln.ost every industrial Investment.
nENRY SALTONSTALL, President.
FttANCIS A. OSBORN, Treasurer.
VICK-PBEMDESTS
James L. Little,
Geo. C. Richardson,
George P. Upham,
Thomas Wigglesworth,
Henry L. Pierce.
DIHKCTOKS
Saltonstall,
principal have always been paid
th» loss of a dollar, send for full
printed purtleuljrs, or call at tbe New York otlice
and examine maps and applications for loans In sums
ranging from $500 to $5,000.
J. B.
The Interest and
when due, without
i;i:fei:kxces:
Wm. A. Whecloek. Esq, front lent. Nat'l Bank, N.T.
oilman. ?-m> * Co., Banters, 4; Exchange Place, N.
II. C. Fabncstock, Eaq„ Flrsl National llauk. N. 1.
Henry 11. Palmer, Esq J»ew Brunswick, N. .1.
Cbas..I.^ ii'. Esq., btamford, Ct.
ee'i L>. I.. & W. BB. Co.
A. J.
Aaron Healy, Esq- 5 Perry street, N. Y.
Edwards 4 Odell, Attorneys, SI William street, N. Y.
i
Ten Per Cent Net
ON FIRST MORTGAGE SECURITY
Have bad an experience of over twelve years In the
business. Make.none but wife loans. Loan no more
tban one-third the actual value of the security. Guarantee a permnnt Inspection of the security In eveiy
Farm Loan*, when carefully plaaea, safe at
case.
Government Monti*
Iowa Loans made at NINTS PER CENT net Choice
First-class mortgages, amply secured on Improved
farms, constantly on hand and for sale at tbe ottice of
OILMAN, SON & CO., 47 Exchange Place, New York.
Refer to .John .Jeffries, Esq., Boston t Mass.; Jacob D.
Vermllye, and Oilman. Son & Co., New York; J. M.
A
Hartford, Conn., and others, on applicaSend for Circular.
TiriiliEYS,
ALKXAJiUKKS, OTNLIFFES
The
CONSOLIDATED BANK, LONDON.
ClBGULAB NOTK9 1KD CKIDITt TO. T«aT«.«B<.
T.^. &
BARING BROTHERS
Knoblauch
&
29 William
DKSIRAHLK
MENT, now
cipal
New England and the Midwhose Interest coupons ere
promptly** the coupons of
overnment Bonds, has enlarged its field and Changed
dle States as the Agency
Said a* certumlt/ and an
US Pine Street,
DRAW SIGHT & TIME BILLS on tho UNION BANK
LONDON,
"THE KANSAS, MISSOURI & CENTRAL
LOAN AGENCY." There is no change I:i On LAZAUD FKERES & CO.,
Its character or management. If a certain clean TEN
PARIS,
PER CENT will satisfy you, address for Circular.
Actuary," KANSAS. MISSOURI & CENTRAL ILLIAnd on the PRINCIPAL CITIES IN EUROPE.
NOIS LOAN AGENCY," Jacksonville, III.
name
to
E.
Baile
S.
y
WALL STREET.
[65
Insurance Stocks,
A SPECIALTY.
M A I E A SPECIALTY OF SUCH INVESTMENTS for
Capitalists, and invite cdrkkspoxde>xe and inQC1BY AS TO T1IEIK STANDING.
Well-known references on application.
Plav
Allows interest on deposits, returnable on demand,
or at specified dates, is a ulionzuU to act as Executor,
Administrator, Guardian, Keceivei, or Tiustee. Likewise, Is a legal depository lor uioti<*y paid Into Court,
or by order of any sun<ga e. Individuals, Firms sue
Sc letles ceeRiug income iron, money to abeyance. 01
A. C. Burnham,
CHAMPAIGN, ILL.,
OFFERS FOR SALE
$200,000 REAL ESTATE FIRST
nOKTGAGE COUPON BONDS,
{Established
amounts of
TEN
BUKXIf.Mf,
BKNJ.
TRBVGTTA MATTf^. CKampaim, JU,
MCRSIIAM A TULLEYS, QnuncU Bluff*, iowu.
BURNHAM. QRMSBY dt CO, A 'mm isbvrg, Iowa.
BURNHAM BUYER, Orinnell, Iowa.
KAMA* LQAJi TBG8T CQ Tvptkq, K-xn.
.t*
<fc
t
All these loans are car fully made, after personal
Inspection of the security, by members of trie above
firms, who. living on the ground, know the actual
value of lands and tbe character an-1 responsibility of borrowers and wlioce experience In the business for the past SIXTEEN VKAK3 baa enabled thorn
to give entire satisfaction to Investors.
F.
B.
SPAULDING,
lu this lustitu
SHEI.XAN.
Vice
>
Aifos
Isaac H, Pbelns.
It.
Having been Identified with California Interests, and
to
buy and
sell
Ktftnund W.Corlies,
n^uencK U.Cosmtt,
LilJtin H. Ap >leU>U,
•\
t
lUSUSTUS
J.
Sehwab,
IWWt,
Ou-triv
,
»«vi'l
Ma un
wn
).'.
i
Uui Alien Batler,
Jwmcs r". Wallace,
Henry F. Spauidlng.
I
J.
B.
BIOWH.
Brown & Son,
York.
RilLBOAD svrriMTlKS.
&
.
F.
no,
Morcau,
Perry R. vne,
Abcrutthy,
WALSTOK
BROWN.
SPECIAL ATTENTION GIVEN TO THE NgUOTIA
TION OK
Corlie».
G. Eranckiyn,
d VFeob,
J. Pferpool
Baftrt
stocks dealt In on
BANKERS,
Pine Street, New
34
B sherinan
George w. Laue,
Jacob i>. Venuilye,
Amos
all
matlon respecting the same.
ii
Goo. > :'.'i-ui:-,.;h Alillei
Rosweli S
A. A. Low
D'VM *olfe B shop,
on commission
the San Francisco Stock Exchange, and to give Inf or
Eno.
Edmund W.
B-Mijuin
Sell
having a connection In San Francisco, are prepared
Frederlcv H. CosslU
BOARD OF TRUSTEES:
Bai.uelD. BaiM^cK.
j^naLnan lborue,
Isaac N Ph»lt<a,
Joalitn M. riake,
Cnanei> G. Laufion,
Co.
on Commission Stocks, Bond and Oold.
f
Sam'l 1>. (Subcode,
Martin Bates,
&
Buy and
Transact a general Banking Business.
EREUEKICK H. CosSITT, Presidents
BABGOUK, Secretary.
EXECUTIVE COMMIT? EE;
Jncob D. Vermbye,
Ben]. B.obermaD,
Member of Stock Excn'ge
Wallkk.
BANKERS AND BROKERS.
25 BROAD STREET,
Aug.
President.
11.
Dickinson, Waller
C. H.P.
18fil.]
91.000 and upwards, yielding EIGHT to
ncr cent semi-annual interest, payable in the City
of New York, and negotiated through the nouses of
Jn
tiuu e..lety
HENRY
anl advantage
Howard C. Dickinson,
K. Dickinson.
of Stock: Exch'ge.
John
Cash paid at once for the above Securities; or tney
win hp «niri on fnmnilnslon. at seller's option.
at rest, will
tion.
and San
Circular Notes and Letters of Credit through Messrs,
CO., at PARIS, payable In any
part of Europe.
Member
Interest
CHICAGO,
to Paris
LAZARD FKE«ES&
Dealings in
MOST PROFITABLE INVEST-
IS'j'J.)
Money by Telegraph
Transfers of
Francisco.
,
FIRST LIEN
1IAWLEY BUILDING.
of Exchange and Issue Letters of Credit
of Europe.
ILLINOIS
paying from Eight to Nine Percent.
Interest payable semi-annually. Prin-
(Established
Bills
all principal cities
Lazard Freres,
Real Estate In Chicago and vicinity.
and
Exchange Place,
YORK.
Make Telegraphic Money Transfers.
SPECIAL PARTNEK,
Berlin.
(\W* ofNw13>iq&S Co
per annum.
&V?M]$SSAUST. cor. pine st'
Coupons PAID PROMPTLY.
and
Baldwin, Walker & Co., Capital,* 1.000.000
on
St., cor.
NEW
Mortgage Loans
THE SAFEST
Lichtenstein,
BANKERS,
DEUTSCHE RANK,
Council HImIIn, Iowa.
secured by
COMPANY,
Sc
5* WALL STREET. NEW YORK.
28 STATK STREET, BOSTON.
Draw
over
all
G. C. Ward,
Aosirra fob
CENTRAL ILLINOIS LOAN
old established
AGENCY, known
CO.
tt
London.
SIXTY DAY STERLING ON THE
Ten Per Cent.
Solid
Co.,
No. 8 Wall street, New York,
No. 4 Post Office Square, Boston.
CHEQUES AND CABLE TRANSFERS ON
JUINRWE * «'«., I' A it IS.
STERLINO CHEQUES ON
on
Upham.
&
John Munroe
Tub Bridge that has cahkied tod safely ovek
Ehf].,
CAREFULLY SELECTED,
any part
BRITAIN AND IRELAND.
Hon. Henry W. 1'alne, Boston,
Simeon E. Baldwin, New Haven.
Its
6c
In pouiuti iKrltng for use In
cou.nskl:
.
.
:
E, B. Mudge,
John P. Putnam,
David K. Whitney,
Charles L. Flint,
UIUMIA'l
and
.
Charles L. Young,
~>
iMae. nk-»ln»t cash dopoal d. or satinfactory gnaraotee of repayment. Circular Credit* for Trarelera, In
dollar) for 'use In the United State, and adjacent
Guarantee.
Henry
PEKFECTL.Y SAFE!
Allen,
tion.
$5OO,O0O.
Interest Coupons payable semi-annually.
Bonds
registered to order, or payable to bearer at option.
Act-rued interest la not required to be paid by purCoupon
chaser, the next-due
being stamped so as to
denote thai Interest begins at t tie date of purchase.
A Pamphlet with full information will be sent on
application at the Company's Office.
DtTHCAN i.'nri. sun, Cashier llroii Leach, ABst. Cash
Branches al Montreal, Potcrboro, Cobounr, I'ort Hope,
];urrli\ St. Catharines, Colllagwood.
I! A N K K I! S
Lokbos, K.siii.Axn.— The City Bank.
M»
Co.,
T.,
!Y.
ALSO ISSUE COMMERCIAL CRBDITS
CABLE TRANSFERS OF MONET BETWEEN THIS COUNTRY AND KNOLANS, AND
DRAW BILLS OF EXCHANGE ON QBEAT
ITS
STOCK OF
CAPITAL.
A<reIlt
,
8011 "-
liOADBTf.S*
Restrvf,
$2,000,000.
1II\I> OFFICE,
ST.,
of toe world.
GUARANTEED, PRINCIPAL AND INTEREST,
The Bank of Toronto,
CANADA.
Capital,
WALL
FIRST MORTGAGES OF IMPROVED THET
REAL ESTATE.
MARK
Exchange, and makes Cable
c "* d »-
&
Brothers
No. 50
countries,
SECURED BY
i?
Transfers of Money.
Omits
Brown
OFFERS FOR SALE, AT 105 AND INTEREST,
WALL STREKT.
Sells Sterling
imutt.wu
Mortgage Security Co.
Bank of Co m mere e,
Boys »nd
wax
Tin;
The Canadian
Capital,
surplnft,
Financial.
Financial.
Canadian Bankers
No. 50
i.i
W.
Co.,
Gilley, Jr.
ANB
BROKERS,
BANKERS
64 BROAD* AV AXO 19
Box *£».
F. W. Oilliy. Jr.,
Member N V. Stock Ex.
P. O.
.
MEW
STREET,
New/ York
E. S. Gillet.
J.
K«l»on Tarras, Special
:
iHB CHRONICLE
It
Financial
Insurance.
3-ltli
Year.
NEW ENGLAND
MITIAL LIFE
& Co.
BANKERS AND BROKERS
43 PINK STREET, NEW YORK.
I?? Established 26 Years.
No.
REGULAR AUCTION SALES OF
STOCKS AND BONDS
Every
1, 1843.)
MONDAY
and THURSDAY,
OK SPECIAL SALES MADE ON ALL OTHER DAYS
Net
Afbets, January 1, 1817
Deduct surplus to be distributed
$13,871,040 81
.
677,857 50
.
*13, 593,183 31
Leavinc
As a Re-Insubakcb Fund
for the protection of
policy-holders, in accordance with the law of this
Commonwealth.
FEATURES OF THE (WIP.INV.
1st. The adoption and continuance of a thoroughly adequate rate of premium.
2d. The maintenance of an ample reserved fund.
The market price of the securities of which the
fund is composed is 8340.700 8i> over the cost
on the Company's ledger. This item is not availed
of in the capital as above presented.
For pamphlets and reports giving a history of the
Company's operations during the past thirty-three
years, apply at the office of the Company, or of
Agents in any city or town of importance.
BfcN.I. F. SI EVENS, President.
JOSEPH M. GIBBENS,
W.
G.
McKOWN,
W.
C.
WRIGHT,
Ass't Sec.
Secretary.
JOHN 110MANS,
M.
D.,
Medical Examiner.
Our established custom twenty-five years.
Government Securities and Gold, also Stocks and
lionds, bought and sold at the Stock Exchange Boards
of New York, Boston, Philadelphia, Baltimore and
San Francisco, and at private sale.
Stocks and Bonds not dealt in at the New York
Stock Exchange our specialty for many years.
and Sell on Commission,
Choice Municipal,
We Buy
7,
Sand
j0
per cent,
on or before the
BONDS
and
At Auction.
THE
hold
SALES
hurther Information
sonally or by mall to
REGULAR AUCTION
of all classes of
WEDNESDAYS AND SATURDAYS.
BRO
ADRIAN
No. 1
ASSETS, $4,827,176 A2.
SURPLUS,
$820,000.
EVERY APPROVED FORM OF POLICY ISSUED
ON MOST FAVORABLE TERMS.
MATURING
WUJ
IN 18
7 7
DISCOUNTED
*» ,*
NOTICE.
Mayoralty op New Orleax?.)
City Hall, April
.
8. St. Jobs Sh»i»i».
Corner Wall and Broad Streets.
HENRY W. BALDWIN,
YORK,
Pearl Street.
&
Co.,
'
,
f
LIFE and ENDOWMENT POLICIES
OHTERMS AS FAVORABLE AS THOSE OFANY OTHER CO
'ASHASSETS
Hr $80,000,000.
Financial.
Bonner &
BARKERS
O. T.
Co.,
AND BROKERS,
No. 20 Broad Street,
New York.
WANTED:
..v
.
Alabama
State Bonds.
ri 2Pi?V £''*•£» B<""i«
.Irft.
*A\?WA^%r
Mad *
e
Bond8
-
Indtanapolls'ltlt. K1r»t llnrt i'„„,i,
Barl. Cedar Rapid.
4
N.
rr Flff Mortg
has
payanle
next, to the holder* of the
Capital Stock of this Company, as registered at the
close of the 14th day of August next, after which, and
until th«" 5th day of September, ihe transfer books
declared
this
L. V. F.
RANDOLPH,
Treasurer.
STATES CIRCUIT COI'IIT,
UNITED
SOUTHERN DISTRICT OF NEW YORK-—JOHN
STEVENS and
others,
Complainants, and
Bond..
the
NEW YOKK & OSWEGO MIDLAND RAILROAD
COMPANY
and others, Defendants.
Notice Is hereby given that the sale of the property
of the defendant, the New York & Oswego Midland
Railroad Company, as heretofore advertised, has been
duly adjourned by me to Friday, the 7th day of September, A. D. 18*7, at i2 o'clock, noon; said sale to
take place at the Wlckham Avenue Depot of said
Company,
at Middletown.
orange County, New York.
KENNETH
Alexander & Green.
WHITE,
G.
Master.
Complainants Solicitors,
120 Broadway. New \ ork.
9 Per
Ct. Investments
SECURED BY
REAL ESTATE FIRST MORTGAGES
For
«HN BERENBKCG, GOSSLER & CO
BOX
2,347.)
Oswego City
DUE
Com
Sevens,
BCE
IN 1893;
FOR SALE BY
A.
itlOIMV
Street.
WANTED
:
Orleans Bonds. Louisiana Consols.
South Carolina Console. State of Texas Ilonds.
City, County and Town Bonds of Iowa, Ohio and "Wis.
Second Avenue Railroad htock and Bonds.
Toledo, Sandusky and Cleveland City Bonds.
Cities Dubuque, Keokuk, and Evansville Bonds.
Denver & Rio Grande aud Kansas Baclflc RR. Bonds.
FOR SALE:
Town Bonds of New 1 ork State Is.
City of New Brunswick 7 Ber Cent Bonds.
WOT. R. CTLE¥, 31 Fine
IN 1888;
40 Wall
New York.
City of Loul-.ville7 rer Cent Bonds.
City of ParlB, 111., 8 Per Cent Bonds.
Rochester City Sevens,
DAXIEL
WANTED
New
Special attention paid to the negotiation of
merclal Bills.
BALL.OIT,
6 "Wall Street,
Hilmers,McGowan& Co
(P. O.
particulars, write or apply to
GREGORY &
St.,
N.
Y„
FOR SALE:
REXAR COUNTY EIGHT
PER CENT BONDS.
$100,000
Issued te Galveston Harrlsburg & San Antonio Railroad, due 1S96, interest March and September, payable
at Austin, TexaB.
Taxes tor payment of Interest and Sinking Fund
collected by the State of Texas, also other Texas
Securities, for sale.
FORSTER, LVDLOW
* CO.
BANKERS,
York.
New
No. 7 Wall Street,
H.
L. Grant,
Alabama, South Carolina & Louisiana
State Bonds;
No.
145
New Orleans Jackson & Gt. Northern.
JttlMMlKHlmti Central, and Mobile
NEW YORK.
& Ohio Railroad Bonds ;
CITY
RAILROAD
STOCKS & BONDSCity of New Orleans Bonds.
BOUGHT AND SOLD.
LEVY & BORG,
36 WALL STREET.
See quotations of City Railroads in this paper
BROADWAY,
•
ViSA
CENTRAL RAILROAD COMPANY,?
New Yokk, July 18. 1877.
,
Bank of Hamburg and
Loudon, (Limited.)
HOUSE IN EUROPE,
FOREIGN EXCHANGE AND GOLD,
63 Wall Street, New York.
<SSu,F.S-WtNSTON. PRESIDENT
1877.
OF TWO rER CENT
A DIVIDEND
been
by
Company,
on
theflratdayof September
~0 Sta.e street
International
I
Works Com
ED. PILSBURY, Mayor.
BOSTON,
BROKERS IN
msec
Orleans Water
dered at the time of subscribing.
HAMBURG.
Superintendent.
New
1
OOKRESPOXDBSTS Or
drexel bulbing,
5
The old Water Works Bonds of the City of New
Orleans will be received AT PAR, and must be surren
G.
WALL STREET.
GOSSLER
PRESIDENT.
office middls department
-
20, 1877.
Subscriptions will be received at this office to the
will be closed.
& Company,
Stttdam Ghaut.
NEW
1S4
-
YORK.
TRANSACT A GENERAL BANKING BU 81NE8S
STOCKS BOUGHT AND 80LD ON COMMISSION
INTEREST ALLOWED ON DEPOSITS.
ON PRESENTATION.
JAMES BUELL,
NEW
>.ew York.
street,
\
BANKERS AND BROKERS,
R.
b«
PINE STREET,
Grant
ALL ENDOWMENT POLICIES
APPROVED CLAIMS
Fine
(2)
JIILIXR & SON,
II.
No. 33
AND
September
maybe had on application per
W. H. HAYS, Chairman.
11
ILLINOIS
261, 262, 263
ADWAY.
ORGANIZED 1850.
ol
pany, incorporated under Act No. 33 of the Legisla-
STOCKS AND BONDS,
OF NEW TORE
CITST
day
ture of Louisiana, approved 31st March,
undersigned
1S77,
enter into and subscribe the same and deposit their
securities with the Farmers' Loan and Trust Company
in the C'ty of New York, or with the Bank of Mobile
In the City of Mobile, as provided by said agreement,
shall be and they are hereby allowed to participate In
said bid and purchase on the same terms an on an
equal footing In all respects, according to the charact-r of their claims respectively, with the aoid bondholders and creditors who have heretofore entered,
into and i-Igne 1 said agreement."
Insurance Company,
IN
first
next.
Capital Stock of the
The
5,
:
ON HAND, FOR SALE AT THE
LOWEST MARKET RATES.
THE
decree rendered June
:
FIRST-CLASS INVESTMENT SECURITIES
STOCKS
final
in the United Statps Circuit Court for the Southern
District of Alabama. Present— Hon. .los. P.Bradley,
Circuit Justice ; Hon. W. B. Woods. < ircuit Judge
"7. The Court orders and decrees that the Matters
may receive in payment, from the highest and last
bidder, bonds and coupons which form a part of the
first mortgage debt ascertained to be due or owing hy
the Master in his report, and sustained by the opinion
•
* ' provided also that if the said
of thi6 Court
mortgage property shall be bid off directly or indirectly by.for, or in behalf of, the bondholders and creditors
who nave or shall have entered into and subscribed
the agreement for the re-adjustment of the securities
of said company, dated October 1, lt>76, commonly
called the agreement of re-organlzatlon, then, and in
that caBe, all and every bondholder and creditor of
said Company not having already entere'd into and
subscribed said agreement, who shall,
>
County, Town,
School and State Bonds,
Railroad Bonds,
Insurance and Bank StockB,
City Railroad Stocks and Bonds,
Gaslight Stocks and Bonds.
Telegraph
Trust Companies,
Express, Mining and Manufacturing Stocks
Interest Coupons and Dividends collected.
Interest allowed on Deposits,
subject to Drafts payable at sight
City,
Actuary.
uNITEDLIFESTATE S
MOBILE & OHIO RAILROAD.
Extract from the
STOCK AUCTIONEERS,
POST OFFICE SQUARE,
XXV.
Financial.
Albert H. Nicolay
Insurance Company,
BOSTON.
(Organized December
[Vol.
mmntyiV
JP
mmm
otitntertia
HUNT'S MERCHANTS' MAGAZINE,
REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OF THE UNITED STATES.
VOL
SATURDAY. AUGUST
25.
CONTENTS.
THE CflRONICLE.
The Banks and Oar National Fiof the Charter
Oak
Tare on Cotton
I urrency Changes to August
Financial Review of Jnly
The Debt Statement
for July. 1S77 104
Latest Monetary and Commercial
English News
104
Commercial and Miscellaneous
W
nances
The Case
Life. 100
101
News
102
103
1
10?
Securities,
S.
I
Railway Stocks, Gold Market,
Foreign Exchange, 'N. Y. City
Banks, National Banks, etc
103
|
I
|
Quotations of Stocks and Bonds. Ill
New York Local Securities. .
112
Investments, and state, City and
Corporation Finances
113
THE COMMERCIAL TIMES.
Commercial Epitome
Cotton
116
!1C
Brcadstuffs
119
ant progress has been made in the preliminaries of specie
resumption and in the refunding process as applied to
our outstanding six per cents. Some difference of opin-
whether a convention of
and bankers from all parts of the United
ion naturally prevails as to
bank
officers
States could be expected, in the brief space Of a three
THE BANKERS' GAZETTE.
Money Market, U.
NO. 632.
1877.
4,
1
I
Dry Goods
ISO
Imports, Exports and Receipts... 121
Prices Current
128
days' convention, to give a very thorough and useful
If we are not
proposed is to have
carefully-prepared papers in which both sides of the
several questions shall be fairly presented by the best
discussion
such
to
vast
questions.
misinformed, however, the
plan
For example, in discussing the remonetizawe presume the plan would be to select
some representative man on each side, and to receive a
lucid, succinct, and comprehensive view of the best
arguments for and against remonetization. After the
advocates.
<£l)*
tion of silver,
€\)xonicit.
The Commercial and Financial Chronicle
day morning, with
the latest
news up
to
is issued on Saturmidnight of Friday.
TERMS OF SUBSCRIPTION-PAYABLE
IN
ADVANCE:
For One Year, (including postage)
$10 20.
For Six Months
6 10.
Annual subscription in London (Including postage)
£2 5s.
Six nios.
do
do
do
1 68.
Subscriptions will bo continued until ordered stopped by a written order, or
at the publication office. The Publishers cannot be responsible for Remittances
unless made by Drafts or Post-Gfflce Money Orders.
London Ofllo*.
The London office of fbc Chronicle is at No. 5 Austin Friars, Old Broad
Strett, where subscriptions will be taken at the prices above named.
Advertisements.
Transient advertisements are published at S5 cents pet line for each Insertion,
but when definite orders are given for five, or more, insertions, a liberal discount la made. No promise of continuous publication in the best place can be
given, as all advertisers must have equal opportunities. Special Notices in
anking and Financial column 60 cents per line, each insertion.
William B. dana,
WILLIAM B.
& 00., Publishers,
lOBN a. FLOYD, JR. (
79 & 81 William Street,
YORK.
Post Office; Box 4,592.
DANA
I
to its other business.
is
;
should prove to be the
If this
by the Committee of Arrangements, and
if it be judiciously carried into operation, we see no
reason for doubting that the convention will have
policy adopted
abundant time for the discussion of the topics above
referred to, with others which have been mentioned
of almost equal importance in a practical "point of
view.
Among
NEW
furnished at 50 cents postage on the same
fW A neat
17
cents. Vo'umes bound for subscribers at $1
For a compute
^f
of the Commercial and Financial Chronicle—
July,
data—
file-cover is
reading of the papers, a brief discussion will suffice to
exhaust the subject, and the convention will then pass
this
in
these there are two which merit special notice
The
place.
first
is
the recuperation from the
Scarcely any question of practical finance
panic of 1873.
50.
set
1065, to
at the office.
f^T The
or ol
Hunt's Merchants' Magazine,
compare
importance with those which arise out
from the languor of
induced
the
panic.
In
business
by
every section of the
among
country these questions are regarded from a somewhat
will
in
1839 to 1S71, inquire
Business Department of the Chronicle Is represented
New York City by Mr. Fred. W. Jones.
Financial Interests in
of the prospects of recuperation
point of view. The suggestive remarks on
made by Mr. Baldwin, by Mr. Hayes, and other
different
THE BANKS AND OUR NATIONAL FINANCES.
panics
Wis have received an announcement of the annual
convention of the American Bankers' Association, to be
held in this city on the 12tb, 13th and 14th of Sep-
Western bankers, at the convention of last year, may
be cited in illustration of the importance of investigating such questions from different standpoints, and of
tember.
In the present condition of our national
an unusual importance attaches to this meeting, which opportunely occurs a few weeks before the
obtaining upon them
finances,
experienced bankers in distant sections of the country.
special session of Congress.
the
Among these were the resumption
of specie payments, the remonetization of silver, and the
than has been usual might advantageously be given to the Western speakers at the
forthcoming convention.
Another purpose to be sought by the convention is
Last year the convention
was held at Philadelphia, and an elaborate discussion
was given of several of the more prominent financial
topics of the day.
We may
the opinions
of practical
and
also suggest that as so large a proportion of
members
of the Association are
in
the West,
a
fuller representation
refunding of the national debt. All these questions will
probably be more or less conspicuous in the proceedings
to
of the convention of next September.
an object of much more general imOf the 6,152 banks in
this country, 2,082 are national, 875 are State, and 2,524
During the past year a large amount of new light has
been thrown upon the silver question, and some import-
promote the
spirit
of union
among
the various
mem-
bers of our complex banking organism in the United
States.
This
portance than
is
is
often supposed.
.
THE CHRONICLE.
100
[Vol.
Ledger on
.
institutions.
are private banks; while 671 are savings
and monefinancial
of
amount
At critical times no small
circumstance
the
from
occurred
tary perturbation has
much
that these four classes of banks have been too
rivalry, and
prejudice,
by
other
each
from
separated
that
other causes, and it is only within a recent period
the' desire
absolute necessity of a more
One of the
been developed.
for and the
compact union have
accordresults aimed at in previous conventions has
among
banks
our
of
union
ingly been to foster the
elements
various
the
harmonize
to
as
themselves, so
object
of which our banking system consists. Another
such conventions is to collect together the best
thoughts and suggestions of our financial thinkers
of
'
July
Heal estate
Mortgages
btocks and bonds
Call loans
on
Premium notes
& Co
—
-Statement of Experts.
Uncertain.
Good.
$1,655,231
$4,861,892
$3,209,661
2,973,913
2,18:j,818
213,202
14S.947
(19,255
865,862
31,965
253,395
8,732,657
2,510,603
1,125,728
600 COO
525,728
*'. 601
11,466
30,195
4.M8
4,548
collateral
Allen, SI ephens
14.
Bills receivable
"Cash"
notes
Agents' balances
Cash
Expenditures on mines owned, &c.
Premiums in agents' hands
Deferred premiums.
Interest and rents accrued
790,100
'
24,936
21.968
M.**
61,653
4,571
71,830
115,472
..
60,t'6O
803,1*5
$9,266,099
We leave
sent
it
this
as an
;
XXV.
$3,363,472
statement without comment, and preexample of the muddle into
instructive
and our most experienced bank officers in all parts
which mismanagement can throw finances and of the
of the country, and to print these suggestions for
groping manner in which competent examiners are
circulation among the members of Congress and other
sometimes obliged to proceed. The result of the second
men of influence, in the hope of aiding in the solution of
examination was that on Saturday last the old six direcsome of the great problems of the financial situation.
tors gave place to new ones, and Mr. Marshall Jewell
The past reports of the Association, valuable though they
became President of the reorganized company, the
are, have scarcely come up to the public expectation.
Insurance Commissioner withdrawing his application for
It is hoped that as the necessities of the country are now
a receivership.
in many respects more urgent than they have ever been
The insurance law of Connecticut differs materially
some
wise
suggest
able
to
before, the Association will be
that of this State. Here, if any deficiency is found
from
and conservative measures for Congressional legislation.
" reserve" calculated at 4£ per cent., dissolution
on
the
With regard to the war taxes on bank deposits and on
is imperatively required, neither the Superintendent nor
bank capital, their evil effects have been so frequently
the Court being allowed any discretion after the facts
shown, and the depletion of bank capital has been so
are ascertained; Connecticut permits the repairing of a
notorious from such causes, both in this city and elsedeficiency, where it is less than 25 per cent, by providing
where, that we presume Congress and the public will
that the Commissioner may ask and the Court may,
listen readily to any wise and temperate suggestions
discretion, grant a receivership, in case of
upon these important matters which the banks may have at its
but if the deficiency liabilities being
deficiency;
such
to offer.
treated as the reserve exceeds 25 per cent, the
—
—
By
application and the granting are made obligatory.
THE CASE OP THE CHAitTER OAR LIFE.
The proceedings in reference to this company, which the report of the special commission, even including all
culminated during the past week, began in pursuance items as legal liabilities, the assets are about 83 per cent
of a resolution passed by the Connecticut Legisla- by the report of the experts they are 94-5 per cent if
ture, providing for a special commission,
who
should
the "uncertain" are counted, and 69'3 per cent
if
they
examine the life insurance companies and report the are rejected, thus making an impairment, in one case,
facts to the State Commissioner whenever those facts of 17 per cent, and in the other a positive one of 5-5 per
would warrant his interference. Their report was made cent, or a contingent one of 30'7 per cent. The experts
June 21 and published June 29; July 14, the Insurance very frankly say that they do not undertake to determine
Commissioner applied for an injunction and receivership. the deficiency exactly, and do not think
this
can be done
The company's last annual report stated the admitted until the "uncertain" column develops itself; they
assets, December 30, as $13,234,437; liabilities as $12,- count nothing as wholly worthless, and do not pretend
224,633 on " reserve," and $12,488,316 total, exclusive to have done more than make the best guess in their
of the $200,000 stock; and the surplus as $746,121. The power. The indefiniteness of the matter thus permitted
task of analyzing the report of the special commission
would require a page of space and would be as unsatis-
the Commissioner to decide that an impairment of over
25 per cent did not " appear to him," and the Court to
factory as tedious; suffice it to say that they found what
they considered $1,480,000 over-valuations on the real
estate in this city, $645,623 on real estate in Hartford
exercise
its discretion under the law by allowing the
withdrawal of the application for a receivership.
The troubles of the company and the crooked
and elsewhere, and $2,213,893 total over- valuations, thus financiering of its late managers we will dismiss with
reducing the assets to $11,020,544, while they made the a brief paragraph. The former began under a still
liabilities $13,083,956, leaving a deficit of $2,063,412; at earlier management, and the famous purchase of Broadthe same time omitting to set down at all sundry items
way real estate, in 1875, " worked off" about a million
on each side of the account, because of too uncertain a of second mortgages of the Connecticut Valley Kailnature.
This report was at first accepted as admitting road, left over from that management. Mr. Jewell takes
no hope of saving the company, but after a few days of Mr. Furber's $125,000 stock at the understood nominal
agreed-upon delay a committee of three was improvised price of $10,000, and the latter and his fellows retire.
make a further examination, with a view to ascertain What becomes of Mr. Furber's $500,000 "contract"
whether a receivership could not be avoided; this com- and all his other private arrangements is not yet told;
mittee, consisting of the Secretary of the Connecticut he is the same versatile financier who has managed the
Mutual, the President of the ./Etna, and the President of Universal of this city and its successive victims, and is
the City Bank, all Hartford men and corporations one of the men of whom publicists that desire to preserve
reported July 25. The following is the schedule of a judicial calmness say as little as duty requires.
to
assets
shown by the
with the finding of
balance July 14, compared
The experts report the current premium-paying insurcommittee of experts
ance now in force as $39,480,818; December 31 it was
trial
this
:
—
1
August
THE CHRONICLE
4, 1877.
reported as $52,404,057; figuring the gross premiums on
this as $1,410,034, and the interest account as $723,580,
and allotting $510,014 of the income as required for 4
ble.
may
101
The matter is, however, of such importance that it
be worth while to communicate to the .trade in
general
some of the arguments put forth on both
aides
per cent on tho reserve, they conclude that the company of the controversy.
"
majority of the proposed innovators suggested that
has yet what they call " a minimum recuperative power
disbursements
and
the
planter
should in future put on his cotton a certain
income
of $294,070 per year. The
A
reported for 1876 were $3,254,585 and $2,900,615. This fixed tare of so many pounds per bale; that such
estimate, they say, " takes no account of the resources tare should not be paid for by the buyer, and that
column, which are
uncertain
contained in the
undoubtedly of considerable importance;" hence the
sum stated does not probably " fully represent the recuperative power of the company, which is largely dependent upon an economical and efficient management of
Its continuance is thus put entirely upon
its affairs."
the existence of vitality and recuperative power,
'
'
bales
showing an excess of tare should be considered
unmerchantable. They claim that at present the average
tare per bale is 6 per cent.
calculate
it
at that figure
;
that exporters in buying
and pay
6 per cent, less per
pound than they would for net cotton; that in fact the
amount of money paid by the exporting to the planting
interest would be exactly the same if their suggestions
the expectation being that the ability of the new were adopted. But they also claim that the apportionmanagement will comcand confidence and that, under ment of said average tare at present is very unequal;
careful nursing, the company may in time gradually that seme bales carry only 4 per cent., others 8
repair the deficiency out of the surpluses arising from its to 10 per cent, tare; that the planter who makes
current business, meanwhile meeting as the new officers light bales and covers them heavily is paid at the
have already begun to do its maturing obligations." Of expense of the planter who pursues the contrary
course there will be no more opportunity for " con- course; that the exporter has to guarantee the
tracts," plump salaries and pleasant allowances and European buyer a loss of weight not exceeding six
" commissions," and the looseness in management (which, per cent, and loses by the extra tare on heavily covered
at its very best, may be inferred from the fact that the bales, whilst he is not indemnified for the excess of cotcompany never owned over $100,000 of United States ton in lightly covered bales; and that, consequently, the
bonds, and for the past ten years has not owned a dollar system now in vogue is an uDJust and arbitrary one, by
of them,) must be emphatically and visibly exchanged which the unscrupulous planter and the European receiv.
for such direction as succeeds in private business. New ers of cotton gain, but by which the honest planter and
insurance cannot be expected on any considerable scale, exporter lose, whilst sales by net weight, being based on
at least for several years, and probably it will not be an intrinsically just and equitable principle, would give
urgently sought, there being enough to do at present in to all parties in the trade their dues.
knitting tip the ravelled threads and reassuring the
The adherents of the present system, among other
members. The [lapses, which have been heavy since objections, seem to attach special importance to the folDecember, will probably continue to some considerable lowing
extent; in this manner the impairment may be made
1. That sales by net weight would be unjust to the
good, since little or no surrender value -will be paid; planters, who would get no return for the money spent
and yet the tendency, as it always is, will be towards a on bagging and ties.
lowering of average vitality.
Still, with the utmost
2. That planters are satisfied as matters stand now,
economy in management, there are good reasons for the and that exporters by selling on European weights might
hope which is felt since the reorganization that the result secure for themselves a fair average outturn on their
will be favorable.
There was enough involved in the shipments.
Charter Oak twenty-seven years old, bearing a historic
3. That planters are not sufficiently acquainted with
name, and having yet nearly 40 millions of insurance
the elements of trade which fix the value of commodito make it worth trying hard to save it. At least it is a ties to be persuaded that they would get as much money
very noteworthy and a very happy event that a large for 425 pounds of cotton net weight as for 450 pounds
corporation is rescued from the harsh and destructive gross weight.
process of a receivership, which may not inaccurately be
To these objections the following replies are made :•
called a financial coroner's inquest, which finds some
1. By the time a bale of American cotton arrives at
remains to sit upon, but often leaves scarcely any when a European mill, the
bagging
and
ties
have
it finishes.
If the Charter Oak (as we hope will be the become
utterly
valueless,
and it is, therefore,
—
—
:
—
result)
is
saved,
all
the better;
up, the lesson and precedent
if it is
may
only rightly
wound
possibly be not lost in
promoting the sorely-needed reform
in the
utterly
for
impossible
that
should
planters
them under any system
of
sales
methods of be devised; nor are they paid for them
dealing with insolvent corporations.
exporters invariably calculate on
6
be
that
paid
could
at present, as
per cent loss of
weight, being equal to the average actual tare, and
TARE ON COTTON.
modify their bids for cotton accordingly.
2. The argument of planters being satisfied with the
To the Editor of the Financial and Commercial Chronicle:
present system is devoid of strength if exporters can
Sir Probably the most important subject discussed prove that they have just cause to be dissatisfied, espethis year at the meeting of the National Cotton Ex- cially if it is considered that such satisfaction is either
change at the White Sulphur Springs was that of " tare that of the man who uses too much bagging and knows
on cotton," viz., the question whether sales by gross that he is getting an undue advantage, or that of the
weight or by net weight would be more advantageous to man who uses too little and is ignorant that ho is not
the trade at large.
getting his dues. The recommendation that the exportThe advocates of the latter system (that of sales by ers should sell on European weights, however plausible
net weight) met with decided opposition, and a majority in theory, is practically without value.
large proof those present refused to admit that a change from portion of the American crop is sent to English and
the present system (of sales by gross weight) is desira- Continental mills direct, at which it would be im-
Old Sweet SruiNGS, July
30, 1877.
—
A
.
.
THE CHKONiCLE.
102
possible to check weights, situated, as they are, at
On
considerable distance from the ports.
to the
regular
European
mission for attending to
if
the suggestion
an
markets
This additional
out.
Greenbacks on deposit with
To July
United
States Treasurer, to retire notes
com-
delivery would be incurred,
was carried
Decrease*
a
cotton sold
extra
XXV.
Vol.
Making
To Aug.
1, '77.
13,938,501
the net decrease
Tolal greenbacks outstanding.
1, '77.
dur.July.
1.425,023
436,824
$50,180,005
$51,049,638
$869,633
$359,764,332
$3:9,094,220
$610,112
1
month of July
$1,589,745
exporters
expense would lower the price which
This shows a decrease resulting from the bank movecould afford to pay in America. It must be remembered that profits on exporting cotton have been cut ments during the month in the active currency of
down to the lowest possible figure, as is proved by the $1,539,745.
The following statement indicates the amount of
numerous failures which have occurred among houses
Total decrease in active currency during
engaged in that branch of business, failures caused in National Bank circulation issued, the amount of Legalmost cases not by a false system of granting credits or Tender notes deposited in the United States Treasury
by speculation, but by a ruinous degree of competition, to retire National Bank circulation, from June 20, 1874
and as is proved further by the acknowledged fact that to August 1, 1877, and amount remaining on deposit at
only a very small number of exporting houses have latter date:
improved their financial position during the last t«n
Legal Tender Notes deposited in
the
years.
If planters
3.
are really as ignorant as represented,
it certainly becomes the duty of every cotton merchant to try and enlighten them and those who are in
daily intercourse with them on the subject in question,
then
and
it is
will
no doubt be made with that aim
as a
humble contribution
Bank
and
Slates
to the efforts which
writer ventures to submit this article
view that the Maine
New Hampshire
Vermont
to your readers.
Massachusetts
Rhode Island
N.
Connecticut
in
New York
New Jersey
CDRRENCY CHANGES TO Al'GDST
1.
The Comptroller of the Currency has issued during
the past week his usual monthly statement of currency
charges, bringing the figures down to August 1. The
statement
as follows:
is
National bank notes outstanding
Pennsylvania
Delaware
Maryland
District of Columbia.
Virginia
West Virginia.
North Carolina
South Carolina...
.
20, 1374,
Georgia
Florida
Mississippi
was
$349,694,182
20, 1874, to
Jan.
H.187S
$4,734,500
National baiik notes redeemed and retired between
Texas
Arkansas
Kentucky
Tennesfee
,
Illinois
2C, 1874, to
Jan.
14, 1875.
National bank notes ontstanding Jan. 14, 1875
National bank notes redeemed and retired from Jan.
1,967,263
$S51,861,450
14, 1875, to date
$56,826,296
National bank notes surrendered between same dates.
8,430,5)1
96.400
149, 170
1,094.880
1,610.070
,
Indiana
National bank notes Increase from June
8,528,555
196,060
1,005,910
5,516,130
10,800
453,340
5,144.200
617,383
1,249,490
15.938,900
907,310
5.132,935
27,030
943866
80,050
662,985
90!,(.2>
328,9-20
,
Michigan
Wisconsin
Iowa
Minnesota
Kansas
Nebraska
Nevada.
14«,3O0
669,140
602,521,
30.600
27,000
Colorado
1,
'77.
$134,949
4,920
52,300
421,577
937,400
5,795,917
"72,126
3,235,037
131,894
1,301,6C6
1B.M30.76')
1,182,580
1,349,18.1
'24l',59b
427,500
778,915
20S.300
839,185
953,180
8i0,664
1.485,779
915.361
287,723
847,0'
183,494
301,785
213 507
210,280
155,910
156,615
809,185
953/180
685,100
863
4,505
1,844.250
229,310
99,CC0
1,018,633
488,959
3,427,419
2,074,460
3,553,680
6,949,556
1,6.8,801
741.40J
1,412,850
1,173,545
189,900
183,080
575,867
235,901
260,731
1.022,521
694,359
913,174
159,900
864,999
503.012
214.676
558,571
45,000
245,20.'
71,783
161,191
5,470,000
553,6'9
28,163
229,341'
90,000
1,594,500
724.8«>
1,733
541,063
182,058
615,736
3.688,15:)
3,09-1,981
1,234,2M
4,248,339
6.8 5,000
1.818,700
1.106,399
1103,818
1,650.982
230,762
264,037
403,0*3
231,4)8
2: 5,922
125,370
8,508
88,461
63,163
2,910
1,915,
1,358,221
7)8.471
233,030
149,409
196,8
45,000
Legal-tender notes de
posited prior to June
28,632,225
$6)1, 200
38.200
593,147
5.54i\600
617,885
1,276.540
4,500
Montana
$65,256 837
Deposits.
166,600
393,164
706,664
731,060
625,750
Uiah
Total redeemed and surrendered
National bank notes issued between same dates
Aug.
1,621
Ohio......
2767232
$600,010
27.400
122.139
116.100
90,000
2,276,940
394,2 10
,
Missouri
samedates
Total
,
Louisiana
P»wed
$41,200
134,80:
U. S.
Treasurer,
culation
$903,580
402,965
91 1.S80
4,461,S60
84,175
191,010
315,300
306,100
41,870
363,660
27.700
180.0(0
45.000
90,010
...
Legal
Tenders
on deposit
with the
retire cir-
of notes or under Act
Liquidat- of June 20,
ingbank*
1874.
:.045,M5
Alabama
when Act of June
National bank notes issued from June
1, '77.
to retire
Deposits Deposits to
the refrom June for
demption
2(1, 1874, to
Aug.
Treasury
1877.
1,
Circulation
issued
Territories.
U. S.
National Sank
Circulition
from June 20, 1874, to Aug.
Additional
National
221.183
357,991
45,000
and remaiu
ing at that date
SO, 1874.
Decrease from Jan.
14, 1875,
to date
36,624,612
ToM
National bank notes outstanding at date
$315,23'
36,638
If
Greenback! on deposit In the Treasury June 20, 1874, to
retire
notet of insolvent and liquidating banks
Greenbacks deposited from June 20,1874, to date, to
retire national banknotes.
$3 813 675
3,813,675
833.366,7551 10.637,413 »5M,547,467 $74.018,555 $14,483,026
we compare
the statement of
the figures for August
August
results for. the twelve
1,
$74,018,555
CirculaUon redeemed by Treasurer between same
dates without
89,693,529
Greenbacks on deposit at date
Greenbacks retired under act of January
Greenbacks outstanding at date
14,
1875
.'...!.'.'.'.'.'.
« I4 125.C26
Netdecrease
Greenoacks on
$ 22 905 730
SS^OM.SSO
Making
By comparing the foregoing with last month's statewe see that during July the amount of bank
ment,
with
the "following
Decrease
To Aug.
1/76. ToAuj.1,'71. dur.year.
National,,.
bank notes redeemed and surrendered from-Jan. 11, 1875
$39,697,993
Notes issued same time
_18,475,965
$24,922,023
deposit with United
States Treasurer, to retire notes...
.
..
this year,
months:
,
,elMne
1,
we have
70,204,8EO
'
Total deposits
1876,
the net decrease
Total greenbacks outstanding
$65,55S,837
$25,558,847
28,635,523
13,156,260
$36,65)^12 $12,402/587
25,310,349
14,425, "26
10,8S5,323
^9/532/J74 "$51^49^38
$1,517,264
$369^91228 $339io94,220 $io!58S^03
Total decrease in active currency during
the twelve
months
$l£o42~272
We
motes redeemed and surrendered was
here see that the greenback circulation decreased
$1,221,049, and the
new notes issued were $837,640; so that the net
decrease during the year $10,525,008, and that the bank-note
daring July of bank notes outstanding
was $383,409. If circulation also decreased $12,402,587, making an
we compare all the items for August 1 with those
for actual decrease of circulation for the twelve months of
July l.the changes during the month
appear to be as $22,927,595; but as there were on deposit August
1,
follows:
1876, for redeeming bank notes $25,310,349, and
on
Decreate August 1, 1877, only $14,425,026, the active circulation,
1
as affected by the bank movements, fell
National bank note, redeemed
and
off
J"^ ^ "^^ ***.
Note, issue* aame time
NetdeciMS.
27,794 585
$38,*4l,*0»
28,632,228
$36,624,612,
only $12,-
042,272
during
UtImO
January
14, 1875,
~$3sl409
follows:
the year.
up to
The
August
total
1,
decrease
may be
since
stated as
1
AmirsT
•
18:7.
4,
.
S'.i
(mm la DMJk mites, from Jan. 14. 1875, to Aug. 1. 13".... $$\62l,612
Greenback* on deposit with TtiMUK, to retire notes.Ang. I, 1977
JS.«05,780
DMNlia In greenbacks since January, 1375
-ills
Date,
173,953,418
Total decrease since January
The greenbacks on
deposit will only
come out again
they redeem an equal number of dollars in bank
as
and hence are of course just so much withdrawn
from the active currency. Consequently the present outstanding active currency may be indicated as follows:
notes,
Greenback
94*
'.
issues, January. 1875. total
$J82,000,000
Bank notes outstanding same date
851,861,150
108*
I
10(*
94 9-16
11*6*
94*
106*
".".i
109*
109*
109*
I0»*
108*
ll-li.
no
104*
17 91 9-18 106
110
18 94 7-16 106* no
19 94 11-16 106 *
1,
securities at londom in /ult.
Consols U.S.
1877
105*
1'8* ln.'.)4
108* 1^5*
108* '05*
108* low
:i8* 10354
•
91
'
J2
'
'
•
1,1877
In reviewing the course of financial affairs in
find that events occurred of
the
month
of
more than ordinary import-
loan on the ICtb, and the outbreak of violence in connection with
the railroad strikes in tho latter part of the month, being the
The
chief occurrences of general influence.
Buccessf ul negotiation
amount as $65,982,500 of 4 per cents in this country,
at par in gold, had a good effect in fortifying the already high
standing of our Government credit; and it also showed to financial
of bo large an
corporations and other investors that with four per cent, ag the
high rates heretofore
obtained on other classes mast be marked down.
basis of interest on the best securities, the
had less effect in depressing stocks and
bonds than might have been anticipated, and we attribute this to
the fact that rational men considered the whoje affair as a
temporary outbreak, and not based on any principle of morals or
business which could ultimately succeed. Had there been any
underlying principle of inherent justice or economy, which could
be made the foundation for a long and permanent hostility
between the laboring classes and their employers, the case might
have been different.
In the various classes of stocks and bonds a very fair amount
of business was done for a summer month.
In Government
securities there was some speculative business in five-twenties
which are liable to be called in, and a well-distributed investment
demand for sixes of 1881, and funded .fives and 4£ per cents.
railroad strikes
Railroad stocSs and bonds fell off quite sharply with the first
excitement over the strikes, but there was afterward a SDeedy
recovery, and at the stock board a
Open.
interest.
CLOSING PRICE9 OF GOVERNMENT SECURITIES IN JULY,
—
,-6s, 1BSI
r-T> 20s, Coupon-,
reg. coup. '65 n. 1867. 1808.
,
J'
il03;<
"IK
4.
5
Ill
«
I
8..
9
io
n
i»
w
....
1)1,
U1*
111**
m*
in
in
Ill
HIS
42
28
24
H2,
IIS*
,...x .12
6s,
cm.
113* 112* 112
108* 10"!* 123*
....111*111* ....108* ..
H»H ...112*
Holiday
106* 109* 112* Win 113* 111* 111*
10d
*
m*
10b* 109*
113* U6* lOU*
W-2%
....
....
'..'..
11U11!*108*1O3*
HI* 11!* 109
..*
Ill* 112
112*
Ill*
112* 118* 111* 11!*
Ill* 106* 109*
112* .... Ill* 111*
112* 106* 1(9*
112*
... Ill* 111*
112* 106* 109* 112* win 113* 111* 111*
....
...
...
113
....
m
Ill* 11**
112
OpeningUl*
109
1C9
....
103* 108*
....
...
..
.
123*
::;
108 V 123*
103* 108*
108*
'.,'
106* 110* !07
IMM
106* 110* 107* 1C6*
106* ;osS 108* 105*
106* no* 109
106*
106
109*
105*
106* no* 107* 106*
91)4
94 9-16
94 7-l«
.
Highest 94*
Lowest 94 5-16
107* 106
107* 106*
ill" 96*
n
Sunday
1
Monday
2 [OB* 105* 105* 105*
Tuesday
8 105* 10.-,* 105* 105*
Wednesday... 4
Hofi day..
Thursday
5 105* 105* 103* 1J5*
Friday
6 1(5* 105* 105* 105*
Saturday
7 105* 105* 105* 105*
Sunday
8
Monday
9 105* 105* 105* 105*
Tuesday
16 105*: 105* int.* 105*
Wednesday... 11 105* '105* 105* 105*
Thursday
12 105* 103* 105* 105*
Friday
IS 105* lite* 105* 105*
Saturu*»y
14 105* 105* 105* 105*
Sunday
15
Monday
16 105* 105* 105* 105*
Tuesday .
It my, 105^
05* 105*
Wednesday. ..18 105* '.05* 05* 105*
Thursday
Z2 105* 105* 105* 105*
Friday
Saturday.
m%
110!v
no*
1:«
107*
109
1>:,./,
1
lTGJi
102(4
—
1877.
1
21
..
Sunday
Monday
Tuesday
.
Wednesday... 25 105* 105*
^Sunday
.
.
.
na*
103*
S9
SO 106* 105* 105* 105*
.Monday
Tuesday
July,
"
"
"
"
"
"
"
"
"
"
105* 103* 105* 105*
22
23 105* '105* 186* 105*
24 105X1 103* 105* 105*
106
^Thursday. ...in 105* 10\* 103* 105*
[Friday
27 103* 105* in* 105(4
Saturday ... .2" 105* 105* lu:,;,; 105.*
20 I0-.*:1C5* 105* 105*
"
105* 105* 1W* 105*
105* 105* toe* 05*
112* 111* 112* 113
116* II*
.. 117* 112*
31
1877 ....
1876
1875
1874
1873
1872
1871..
no*
1870.
1969.
1868..
222
Hi
1
1867
1866
1865
1864
1868
1862...
"
Since Jan.
141
118*
113* 115*
111
113*
111* 122*
134* 137*
'.40* 115*
140*
:S8
147
!?5*
138* •46*
113*
|1:3*
112*
137*
140*
138*
154*
!
1, '77.
285
m*
141*
.
*
no*|io
:09
115', 115
1
115*
115*
112*
120*
136*
145*
M.i
'.49
144
255
14S
128*
105* 120* 115
107* 104* 1C* 105*
109
The following table will show the- opening, highest, lowest
and closing prices of railway and miscellaneous stocks at the
New York Stock Exchange during the months of June and July j
RANGE OF STOCKS
IN JUNE ANT) JULY.
June.
Open. High. Low.
-Jnly.-
.
Railroad Stocks.
Albany & Susquehanna.
Central of New Jersey..
60
7
SO
Chicago & Alton
do
pref*.
100*
Chicago Burl. & Qnincy 91*
Chicago Mil. & St. Paul, 18*
.
do
do
pref.
& Northwest.
Chicago
do
Chicago
&
Rock
.
pref.
Island.
Cleve. Col. Cin &Ind...
Cleve
Pittsbnrg, guar.
Column. Chic.
lnd. C.
Del. Lack.
Western...
&
62*
?*
82*
59
6
62*
75*
82
95*
100*
98*
19*
101
21*
18
5'.*
21*
47*
21*
43*
92*
93*
47*
is*
43*
90*
21
21
2i
81*
84*
72*
& Mich. So. 43V
Michigan Central
38*
M". Kansas & Texas
5*
Morris & Essex
66*
New Jersey
127*
Luke Shore
New Jersey
Southern....
*
S9*
N. Y. Cent. & Hud. Kiv.
N. V. N. Haven & Hart. 152(4
Ohio & Mississippi
5
ao
pref.
.
Pitts. F.W.& Chic, guar
Rensselaer & Saratoga.
St-L. Alton & T. H ..
do
do
&
Wabash
&
pref.
receipts
100
97
19*
24*
20
23
51
19
4V*
43*
90*
9.1*
52*
96*
V3*
76*
27
21(4
6J*
23*
61*
95*
25*
82*
75*
79
1*
8*
6*
28*
140
64
51*
2
48*
41*
5*
5*
»*
18
15*
*8*
137*
62
2
53*
47*
40*
52*
41*
5*
4*
4*
88^
149
2*
94 *
7'J*
64
61
i2r*
*
'/.
95*
90*
14"*
150
2*
2*
5*
4
98
97
1*
46*
40*
4*
f4
150*
3*
*
PS*
149
2*
6
100
*H
42*
43*
»*
18
12
28
139*
61*
81*
43*
^
182
121
132
129
*
11.*
11
28
140
40*
5*
97
42*
«*
47*
51*
93*
43*
5*
127*
158
36
37*
6^'<
1*
46
46
127*
11*
88
.10
>99
21*
61*
16*
14*
138
7*
19*
51*
42*
4
98
*
94*
150*
3*
6
1C0
91*
93*
81*
81*
85*
90*
(4*
88*
V3
93
90
90
93
1-8
91
3*4
93
1<
15
4*
12
pf.
St. L. Iron Mt.
South.
St. Louis Kans. C.
N.
do
do
Union Pacific
7
95
99
36
o"
66
101
82*
14*
28*
Cloe.
66
81
101
7*
51*
19*
44*
92*
22*
75*
1*
Low.
66
12
90
110
66
7*
lol
49
Open.
Clos.
Kanstis Pacific
5*
5*
!2
61
2
6
5*
6X*
2*
5
3*
3*
20*
63*
20*
66*
*
5*
5
*
4*
;5
10
4*
5*
3*
8*
3*
J*
2!
23*
3*
20*
21
66*
f.6*
6S*
66
1
5
1
5,
110
HI
110
....
111*
Ill*
American Diet Tel.
168*
Maryland Coal
Pennsylvania Coal
Mariposa L.4.M
155
125
....
....
108*
roe*
103*
124*
...
109* ...
109* 111
112* 113* 112* 112
113
113* 112* 112
112
112* 1"9* 111
Ill
...
118
113
109* HI
Pacific Mail
Atlantic
108* 125
108* 108* 123*
109* 109
126
108* 108* 123*
109* 108* 125
&
...
Pacific Tel.
.
Western Union Tel
Consolidation Coal
do
105*
112*
.»
Mi-i clluiu'oii".
108* 109
124*
1U»*
108* 108* 186
108* 108* 12,*
.... H.8-; 125*
125*
1(8*
112
10o* 103* 112
Highest. 1
112* 107
109* ua*
Lowest.. 110* 111* 106* 108* 111(4
Closing. 1U
112
106* 109* 1U# 112
'.
107
108* 110
106*
10»* 110* 107* 106
106(4110* 107* 106*
Date.
Panama
...
...S..
Ill
Ill
ill
106*
.8...
112* 106* 109
112*
118*xllC*111*
ill* 112* 107
108*
110* 111*
Ill* .... 106* 108* ..
.. 113
110* 111*
110* .... 106* 108* ..
112* 118
109* 111*
Ill
112
106* 109
112* 112* 10J* mi,
112V,' 100* 1<K* 11J
.... Ill*
112* 106* ....
25
Kl 112* 107 10'*
26
112* 106* 109*
zr'.'.'.'.'.'. .wh%
112* ... 109*
28
Ill* .... 105* ....
89
„,
80
ll!;t 112*
81
....
'.'.'.'.
16
a
',677.
,
S
Ill
17
—
10-40S
^5fl, 1811-, ^-l*s,'91-,
reg. coup. reg. coup. reg. coup.
.
14
15
18
19
20
—
,
S...
1
•••
l?«)J 110
Closing 94 9-16
.
Gold and foreign exchange were dull and without special
*
107
1"6* 165*
106* 105*
106* 110
107* 106*
:07>. 106*
.
1
M*
M6*
108
106
106
1(6
marked activity in speculative
A
1
1*
*
&
stocks, led by Western Union Telegraph, which advanced largely
39*
39* 40*
Dubuque & Sioux Ci.y..
and Sold up to the highest figures made in some months. Other Erie...
'6*
'5*
'<S*
do Dref
stocks were also strong and active, and the general situation of
Hannibal & St. Joseph.
12
15
11*
the market was attributed largely to speculative manipulation on
do
pref. 23*
do
88* 22*
Harlem
141
141* 186*
the part of some prominent operators.
Illinois Central.
53
55* 48
?
*
IN
:o;* MM
a
— the closing of subscriptions for the 4 per cent Government
July
no*
106(4
New
4*».
$659,90 ,034
REVIEW OF JULY.
FINAXCIAL
The
1831
108* tio* 107*
94*
94*
94*
94*
105(4
Date.
we
5»of
1(1
i-U KM* 109*
'il
94
28
26
27
'
ID
B.
M
'
COURSE Of BOLD IN JULT,
78,955,418
ToW outstanding August
July
ance
MO,
1897.
M*
M I M
July 20
MX
for
Money.
Date.
4*s
*
no*
Decrease to August
Nof New
94 9-16 :ioe*
3....
9 94 11-16 106* 109* ifw*
10 94*
1108* 109* 118*
!l!»l*
!l06* 109* 109
12 94 9-16 106* 119;, ior,
18194 11-16 106* no
14 94 11-16 108* no
H
15
»....
1694
v. a.
$781,861,450
.'....'
Total
and
1581.
3,
91 7-16
94 5-16
$62,496,078
II, !87S
M
10
18*1
July
11,(89,340
1815
U.S.
van.
for
Money.
14,
103
closing rmcis or consols
1
Total decrease to Ausnttl, 1877
Less greeub-ick* on deposit to retire notes, January
.
.
..
.
.
THE CHRONICLE
prf
Ontario Silver Mining..
Quicksilver
;
do
pref
23*
18*
13X
50*
23*
20*
03
26
10
63*
Ho
1
2
26
10
125
1
S*
19*
19*
19
22
20
23
20
56*
&7*
18*
1"*
22
9*
126
1
1*
20*
29*
21*
15
14
21*
32
96
»1*
92*
41*
Adams Express
85
American Express
United States Express.
Wells Fargo Express
Del. & Hud. Canal
«6*
47*
40
90
38
47
90
84
87*
25*
Canton
New York Gig
39',
.
57*
22*
19
21
25
S6
20
20
S.Jt
ttj.
20*
71*
(8
22
10
125
1
2*
2*
2
2
nt
21*
3
9
MX
20*
20*
14
22
»5
14*
u*
23*
25
2.*
96
45
42
88
99*
46,
93
'.MJi
48*
44
41
to
81
41
42*
86*
!2*
82*
la
31*
47
V*
20
90
17*
128
128
1«
13
24
43
'2*
18
1X8
.
.
THE CHRONICLE.
104
BANKERS' STERLING EXCHAN8K FOB JULY,
July 1.
" 2. 4.87
" 3. 1 -7
" 4.
"
4.87
5.
6.
7.
8.
9.
10.
11.
12.
"
"
".
"
•
"
"
"
"
"
8
(.,
8
4.89?i@4. 90*
4.t9J£@4. 90V
Holiday
1
©4
©4.83
4.87
4.87
©4
Julyl8. 4. 85
" 19. .4. 85
" 20.. 4. 85
" 21. .4. So
©4
©4
@4
23.. 4. 83
24. .4.85
25. .4.85
26. .4. 85
27. .4. 85
28. 4 85
©4
S
4.89X©4. 9u"
87X
4.89'/i8,4. 90
4. 69 V ©4. 90
>
g;
,
4.S6JiS4 .87*
4.8«5f#4
l.s-V"
4.88X04
I.
4.86>4(a4 .87
14. 4.t6X@l
15.
16. 4. 85?.;
17. ,4.85
«i<4
29
83
SO. .4. 85
SI. .4. 85
W
S1
4.S.S! 4
6>/S
4.87«©4
I
4.87
Range. ..4. 85
83>4
88
©4
84
©4
4.86%®4.6714
4.86J£@4 87«
4.863£@4.87X
4.86Ji@4.87X
134
©4
4.86%©4.8?tf
4 80Ji@4.&7>3
.8.
©4.86
©4.86
4.863£@4.S7>£
@4
4.86X®4.90X
4.863t@4.S7X
88
1877.
statement of the public debt as
appears from the books and Treasurer's returns at the close of
is
the
Jnne
Osof 1881
Oregon
6s,5-20sof
6s, 5-2i s of
!
6a, 5-20sof
6s,5-20sof
March 3,
March 3,
March 3,
1865
1865, new. March 3,
March 3,
1867
March 3,
1868
Funded Loan,
4Xe,
do.
do.
4s,
July
July
Julv
1381
1891
190:
14,
14,
14,
& J. a
& J. A
& J. c
& J.
& J. d
M.&S.» i
M. & N.
J. & J. d
J. & J.
J. & J. d
J.
J.
J.
J.
J.
<:
il
il
q.— F. a
Q.-M.
&
i.
126,25O,'50O
53.817,400
142,214,850
1,088,550
72,180,000
ss.isg.eoi
15,691.000
219,219,650
111,956,100
4,600.000
945,000
63,070,850
21,182,600
52,351,450
8,581,00.)
130.454.050
LATEST
DATE.
Amsterdam
21,788,800
289.190,700
43,043,900
J.
$847,684,250
Paris
Paris
•
I
I
Berlin
Frankfort
Petersburg
Cadiz
Lisbon
90 days.
Milan
3 months.
St.
Naples....
Debt Bearlns no Interest.
Old demand notes
<j
Legal-tender notes
.
. .
*
12,
Feb. 25,
1 July 11,
Mar. 8,
Certificates of deposit.
Fractional currency
,j
Issues.
June
8,
July
Mar.
'SB
'SS
$63,C62
c
Prior to 1869
$22,183,883
Series of 1869 178,438,804
Series of 1874
52,880,112
Series of 1875 105,592,071
72.
17,
First....
4,'.9!,110
Second
3,114,151
3,035,325
4,701,453
4,684,295
'
Third...
3,
'
June
Fourth.
30,
Fifth.
Coin
Mar.
certificates
Total.
I
.
3,'
Aggregate of debt bearingno interest.
Amount
$844,525,250
701,566.650
155,000,000
:
,
Debt bearing no Interest —
Old demand and legal tender notes
Certificates of deposit
$23,883,072
:,:,.
Pernambuco
.............
19,784,335
87,807,300
$472,241,818
'
iutcrest
the Treasury—
Coin
'...'.'.'.
Currency
Currency held for the redemption of fractional currency
Special deposit held for redemption of certificates
of deposit
as provided by law
$29,095,129
2,230,111,128
97,803 995
9.811,958
8,160,858
55,495,000
Total
Less estimated amount due military estsbUshmenft for
which
no appropriations have been made
Total.
Debt,
Debt,
less
less
amount
amount
Jnne
.
Bombay
30 days.
Shanghai
Singapore
July
July
July
July
July
July
ls.S^-f.ais id.
l«.8K(f.©ls.9d.
3s.UX<*.
,s.3>id.@5s.4d.
Ss.n%d.
Alexandria.
..
48.15
4.86
23%
7.
19.
19.
90 days,
6mos.
237i@24
Is.
Is.
»%d.
9%<Z.
0%rf.
14.
4s.
14.
5s. 5Jj(f.
3.
13.
4s.
3
mos.
\Xd.
96%
IFrom our own correspondent.1
•
The demand
for
London. Saturday, July 21,
money during the week has been upon
1877.
a very
compared with this time last year, in spite
of all the difficulties against which the country has had to con'
tend, some improvement is apparent. In 1876 the position of the
Bank was rapidly improving, and the proportion of reserve to
liabilities, which is now 4633 per cent, was then 56'55 per cent.
More business is evidently in progress; but when it is asserted
that last autumn was a season of great depression, it cannot be
scale, but,
now
£18,249,551, showing an
increase of
unemployed money in 1876
was also so great that " other deposits" reached the heavy total
of £28,559,404, being about £4,000,000 more than at the present
time, and an increase to rather more than £30,000,000 subse-
about £1,000,000.
The quantity
The
of
stock of bullion at this date, in 1876,
was £32,293,976, and is now £27,629,692, while the total reserve
was £18,934,701, as against a present reserve of £14,031,682. It
is possible that the Bank of England will augment its resources
during the remaining summer and during the autumn months
but on this point any decided opinion would be hazardous. The
$171,271,809
600,000
'09
2,059,93S,31S
$170,77
in the Treasury, °Au<*.'
Y,"l87
1877.
in the Treasury, July
1,
1877
Decrease of debt during the past month.
Decrease of debt slnco June 30, 1877. ...
Is is quite true that confidence
is
in progress,
7,057
in
37.60
Valparaiso
that there
BB.00
Total
$2 201 Oli 9'8
Total debt, principal and Interest, to date, Including interest
due
not presented for payment.
Amount
June
20.41,
2U.43
21 15-16
bad as has been represented.
has not yet fully returned, and
state of business is certainly not so
35,000
170,000
$359,158,182
',
'..'.'.'.".'.".'"
Total debt bearing no interest.
Unclaimed
short.
3 mos.
60 davB.
23. 90 days.
18.
20.
25.16%
123. SO
;
Total debt bearing interest in coin
$1,702,791,900
Debt bearing Interest in Lawful Money—
Navy pension fund at 3 per cent
14,000,000
Debt on which Int. has ceased since Maturity'
11,979,280
Fractional currency
Certificates of gold deposited...!
©28.05
©28.05
©38.05
28.00
2S.00
23.00
Rio de Janeiro
Bahia
..
Buenos Ayres
quently took place.
Interest.
in Coin-
Bondsat 6 percent
Bands at 5 per cent
Bonds at 4>f per cent
Bonds at 4 per cent
21*025
47%@48
51X@51X
New York
£17,217,416; they are
19,784.335
37,807,300
teen pit illation.
Outstanding,
Debt bearing Interest
3 mos.
short.
12.08
25.19
20.31
said that present times are prosperous or animated. Last year
the " other securities" held by the Bank of England amounted to
$472,244,818
7,057
Unclaimed interest
I
359,034,250
55,495,000
3 mos.
short.
July
July
moderate
Authorizing
17. '61
..
short
%
©20.63
©25.85
©25.85
©12.75
©20.63
©20.63
20.53
S5.30
25.15
12.70
20.58
20.5S
Madrid
Debt on Which Interest Has Ceased Since Maturity.
There is a total amount of over-due debt yet outstanding, which has never
Deen presented for payment, of $11,979,230 principal and $170,000 interest. Of
this amount, $11,198,600 are on the " called" five-twenties.
Acts.
short.
3 months,
Vienna
Hong Kong..
Principal. .Interest
!2.3H©12.4
25.32^3,85.37
Calcutta
pension. Act July 2i,'68, Int. appl'donlyto pens'ns $14,000.0001 $35,000
July
Feb.
months.
Genoa
Debt Bearing Interest In Law-till money.
Character of Issue.
3
Antwerp...
Hamburg...
.
212,479,9110
The sizes or denominations of each issue of bonds are as follows: (a) Coupon
$1,000, registered $5,030. (») coupon $1,000, registered $1,000, $5,000, $10,000.
(«) $50, $100 and $500.
(d) coupon, $50. $100, $500 and $1,000, registered, same
and also $5,000 and $10,000.
* Coupons of $50 and $100 bonds are paid annually in March.
On the above issues of bonds, there is n total of $ 12,405.4<i8 of interest over-due
and not yet called for. The total current accrued interest to date is $16,477,574.
Navy
EXCHANGE ON LONDON.
20.
Coupon.
$860,000
13,815,000
rest in
3s,
RATES OF G KCHANGB AT LONDON AND ON LONDON
AT LATEST DATES.
EXCHANGE AT LONDON-
Registered.
1874
1880
1-81
1881
1881
1904
1885
1835
1887
1883
1881
1891
1901
8,
March 2,
Jnly&A.,
6s of 1881
6s of 1881
$27,886,003
Cateat fllonetarg an& (fl-aminernal Sngltsl) Itferos
Bonds Outstanding.
Interest
Periods. i
^Ph
14,
Feb.
War
5s, 10-40's
5s,
2"
5*
Authorizing
Act.
8s of 1858
$04,023,512 $35,957,629 $8,671,625
Pacific Railroad bonds are all issued under the acts of July 1, 1862, and
July 2, 1864; they are registered bonds in the denominations of $1,000, $5,000
and $10,000; bear 6 per cent interest in currency, payable January 1 and July 1,
and mature 30 years from their date.
The
JULY
rt*
6s,
$25,885,120 $14,133,018 $2,131,887 $18,002,024
6,303,000
3,860,253
1,531,680
2,328,573
15,152,70li
4,872,018
27,236,512
10,280,093
1,600,000
973,808
60,74,8
913,059
95S,8i7
1,170,560
9,367
949,480
1,628,320
878,102
65,c29
8.2,772
official
business on the last day of July, 1877:
Debt bearing Interest In Coin.
Character of Issue.
Central Branch, Union Pacific.
4.865j@4.87)tf
©1.86
©4.S6
THE DEBT STATEMENT FOR JULY,
The following
Interest
Interest Balance of
Amount
paid by
repaid by Int. paid
Outstand'g. United St's tr'nsp't'n.
by U. S.
Character of Issue.
4.86X@4.WM.
86
86
.•
....s
©4
©4
Railroad Companies, Interest
Payable In Lawlul Money.
to the Pacific
3 days.
4.86J£@4.87tf
4.86K@4.87',4
85'/,
S.
4.69«©4. 90X
4.89X@4. BOM
4.893i@4. 90*
33
88
4.87
4.87
"13.
"
....
©4
Bonds Issued
.877.
60 days.
3 days.
60 days.
XXV.
[Vol.
2,060,158,2-i3
$818,904
818,904
very little speculation but a fair legitimate trade is
and our commerce is generally understood to be
;
sounder than for some years past. The perplexing condition of
European politics is now the principal cause exeiting an adverse
influence upon our commerce, and until the war ceases, and until
a peace satisfactory to Europe generally has been concluded
merchants will be timid in their operations. Latterly, the Russians have been gaining considerable successes in Europe, and
rumors of peace have been in circulation; but war is to some
extent a game of chance, and the Turks may yet prolong the
campaign, and necessitate a renewal of hostilities in the spring of
next year. This is what the mercantile community is afraid of,
and, besides the fears of a long war, the final settlement is a
matter of anxiety, as the demands of Russia, if the army is
successful, may be such as to provoke further trouble. Of that
we need not, perhaps, be afraid. Russia has not yet
succeeded in her object. Her army in Asia has been defeated,
and it is generally understood that to take Kara this year would
however,
:
August
—
\
:
THE CHRONICLE.
i, 1877. J
The army in Kurope is now making great
occupy Adrianople bat to reach that Bpot is an accomplishment which can only be attained by making great sacrifices,
and, even if successful, it is doubtful if the Russian Government
will not be desirous of framing a peace, to which the other
Powers will not object. This war is, as is well known, a great
strain upon the financial resources of Russia, and the Czar will, no
be impracticable.
efforts to
;
doubt, be desirous of bringing it to a speedy close, if possible.
Such a course is obviously impracticable at present, and it will
be a serious matter for Russia, if the object of the campaign in
Europe should fail and winter arrive, which will necessitate a
that
fortresses are In the
Danubian
make any
the latter
if
This
or three months.
to the
war
trade, but
it is
is
adverse, therefore, to our commercial
the war that interferes with our
much
not so
It is
hands of the Turks, and
they could.be held for two
certainly not favorable to a termination
is
and
this year,
interests.
resistance,
the possibility of future complications which keeps
business in check, because those complications
may
be so serious
And
as to necessitate a prolongation oT the conflict.
opinion
conflict, if it
could be accomplished by being con.
tent with moderate acquisitions.
It
can scarcely be expected
that after Russia has exhausted herself in conquering
Turkey
assuming, of course, that her power is sufficientcfor the purpose
that the Czar will make such demands as shall induce or compel
England and Austria
The demand
ate,
draw the sword.
money during the week has been very moder-
for
to
and the rates of discount are as follows:
Percent.
Bank rate
The
Open-market rates:
Percent.
4 mouths' bank bills
IXUl'i
6 months' bank bills
l'x^lV
4and6montb.a'tradebills. l?i&2;<
2
Open-market rates
80 and 80 days' bills
S months' bills
lJi®l!4
1X&1X
by the
rates of interest allowed
banks and
joint-stock
discount houses for deposits are subjoined
:
Per cent.
Joint-stock banks
Discount houses at call
Discount houses with 7 days' notice
Discount houses with 14 days' notice
®
@
1
1
..
1
@.
1
©..
..
.
Annexed is a statement showing the present position of the Ban k
of England, the Bank rate of discount, the price of Console,
the average quotation for English wheat, the price of Middling
Upland cotton, of No. 40's Mule twist, fair second quality,
and the Bankers' Clearing House return, compared with the
four previous years
1873.
Circulation— Including
bank
post-bills
£
£
£
£
25,822,159
8,380,613
26.617,215
18.6711,299
2S.9fll.0C5
4,732,174
58,559,101
13,281.884
17,112,194
14,Sr?»,626
15.W5.777
18,971,309
17,217,416
6.351,334
24,634,343
15 889,088
18,419,551
12,317,517
11,212.230
15,d78,393
18,934,701
14,031,602
23,815,867
23,196,035
23,311,118 .32,391,976
27,629,692
0,(153,497
18,
Other securities
Reserve of notes and
coin
Coin and bullion It
both departments....
of
!
i
.
\'
reserve
5655
to liabilities
Bank-rate
Consols
2X
4 p. c.
English wheat.av. price
Mid. Upland cotton
3 p. c.
!> C.
9Sjf
92«
94X
6d
60*. lOd.
8Xd.
8 3-16d.
46s. 0d.
7 l-16d.
59s.
p. C.
2 p. c.
46'32p.
m%
48s. 6d.
b%A.
i%
c.
p. o
MX
62s. 3d.
7
l-16d.
No.40s, male twist fair
xdquality
IS
Is. 0)s d.
1s. !Xd»Xd.
lOXd.
101
irn,
Clearing
House returE.107,142,000 135.603,000 122,53s.0O0 101,661,000 115,4t0,0i.U
I
The weekly* sale of bills on India was held at the Bank of Eng
land on Wednesday, and the usual allotment of £205,000 wa
g
made, £193,030 being to Calcutta, £60,050 to Bombay, and £11,000
to Madras.
Tenders on Calcutta and Madras at Is. 8 1516d.
received in full, while bills on Bombay at la. 8|d. received about
50 per cent, and above that price in full.
There has been very little demand for gold for export during
the week, but silver has realized 54Jd. per ounce. The steamer
for the East has taken about £160,000 in specie, consisting chiefly
of silver for
Bombay.
The following
cities
abroad:
rate,
Bank
Open
market.
rate,
$
cent, percent.
Paris
2
IK
Amsterdam
8
2J4<§>''X
Hamburg
4
ax
Berlin
4
2)4
Frankfort
4
2K®3
ViennaandTrieate..,. 4
EX®4
,
Madrid, Cadizand Barcelona
6
Lisbon and Oporto..
6
Bt. Petersburg
5
Redm.
Do
5-20
U. 8.1867,6s
Dofunded,5s
DolO-40.5s
Do funded, 4Xs, issued at 103X
Louisiana Levue, 8s
_
Do
5»
St
5s
5s
5s
Virginia stock 5s
Do
5s»
:
New
Do
$
Brussels
Turin. Florence
Open
market
cent, per cent
2X
2X
5
4
4
Genoa
Geneva
New York
)';
8
6
Calcntta
5
4
Copenhagen
8
6
Rome
Leipzig
and
1st
3X<3HX
6
The stock markets have been in a state of stagnation, but the
tone has, on the whole, been firm, owing to vague rumors of
peace.
Speculation is reduced to very narrow limits, and invest-
'
do
do
& Ohio, Con.
Committee
do
do
do
mort., 7s
1905
of Bondholders' ctfs
& Potomac (Main Line) 1st mort, 6s. 1911
(Tunnel) 1st mortgage, 6s,
do
(guar, by Pennsylvania A No. CentRail way). 1911
'
Central of New Jersey, cons, mort., 7i
1899
Central Pacific of California, 1st mort.. 6s
1896
Do Califor.& Oregon Div.lstmort.gld.bds,6s.l892
Do Land grant bonds
1890
Hud. Can. 7s
Del.
Milwaukee 1st mortgage, 7»
Detroit
1815
Do
2d mortgage, 8s
1875
Erie $100 shares
Do reconstruction trustees' aesessm't, $5 paid..
do
$4 paid...
Do
no
$3 paid...
Do
do
$2 Daid...
Do
Do preference, 7s
Do convertible gold bonds. 7s
1904
Do reconstruction trustees' certificates, 7s..
Harrisbarg, 1st mortgage, 6s
Galveston
1911
Illinois Central, $100 shares
1923
Lehigh Vallev, consolidated mortgage, 6s
Cincinnati Railway, 7s
Marietta
1891
Missouri Kansas
Texas, 1st mort., guar, gold
bonds, English, 7s
1904
.1908
New York BoBton Montreal, 7s
@107
108 ©108
105 ©107
105 ®107
105 6107
105 ©107
109
a 97
® 22
a 10
8X@ *H
20 @ 22
8 a 10
8Xa IX
23 © 28
23 ©28
83 © 85
£1 ® 83
81 ® 63
104 ©106
90 @ 93
95
20
V
A
A
&
New York Central A Hudson River mortg. bonds.
New York Central $100 shares
1890
Oregon & California, 1st mort., 7s
Frankfort Commit'e Receipts, x coup.
do
86
SO
80
'
© 40
© 40
7X® 8
©13
18 @S0
11
li>;@ 12
18
:s
35
35
72
85
£6
100
1st mort., 6s
consol. siiiK'g fund mort. 6s
1880
1905
Philadelphia & Reading $50 shares
Pittsburg Fort Wayne & Chicago equipment
bonds (guar, by Pennsylvania R. R. Co.), 8a ...
1889
Union Pacific Land Grant 1st mort., 7s
Union Pacific Railway, 1st mortgage, 6's
1898
A
50
A
coupons
Do. 2d consol. mort, 7s
Do. reconstruction trustees'
1894
certificates, 7s
Oilman Clinton* Springfield 1st M., gold, 7s.. .1900
1900
Illinois
St. Louis Bridge 1st mort., 7s
A
2dmort,7s
do.
sinking fund, 5s...
6s
58
111. Mo. A Texas tot mort., 7s
Lehigh Valley consol. mort., 6s, "A"
Nashville, 6s
Lr.ul-rillc
Memphis
Ohio 1st mort. 7s
Milwaukee
St. Paul. 1st mort 7s
1903
1895
1905
1891
Illinois Central,
Do.
Do.
A
&
N. Y.
1902
1901
1902
A
1934
bds., 6s. .1903
Northern Central Railway consol. mort., 6s.... 19C4
1897
Panama general mortgage, 7s...
1892
Paris A Decatur
1910
Pennsylvania general mort. 6s
consol. slnk'g fund mort. 6s... .1905
Do.
Perklomen con. mort. (Jane '73) guar, by Phil.
1918
& Reading, 8a
AErielstmort.
Phil.
Phil.
(guar.
byPenn.RR.)6s.. 1881
with option to be paid in Phil., 6s ...
Erie gen. morttguar. by Pcnn. RR.)6e.1920
A
A Reading
general consol.
mort
8s
1911
1897
imp.mort.,6s
Do.
gen. mort, 1874, 6's
Do.
xall
do.
Do.
Pittsburgh A Conncllsvllle Con. Mort. Scrip,
guar, bv Baltimore A Ohio RR. Co.. 6»
South A North Alabama bonds, 6s....'
St. Louis Tunnel 1st mort. (guar, by the Ultnois
1838
A St Louis Bridge Co.) 9*
•
Ex
6
coupons, January,
105
105
32
8*
64
©101
a
91
$107
$108
©107
@107
ai07
@I07
a 37
a 84
© 63
® 96
© 22
a 9
3 © 4
SO © 22
7 © 9
3 © 4
23 ® 58
23 © 28
82 © 84
81 © S3
59 ® 61
jot ©103
90 © 92
91 ® 92
86 ©88
30 @ 40
30 @ 40
7 @ 7X
11
© 18
10*® 11X
18 @ 20
18 @ 20
18 a IS
35 © 37
85 © 37
72 @ 74
55 @ 57
85 @ 87
7
50
26
a 52
a B»
91
20
100
@
99
89
4i
42
105
108
105
105
© 52
®
©92
©26
90
24
24
114
92
24
24
31
99
59
©102
© 52
@
©115
@ 94
@ 26
@ 26
@ 32
©101
@ 91
12
©13
12
©13
100
©102
@!03
©104
101
100
102
©102
©102
©104
101
1C2
92
©93
if
15
©
© ....
@ 40
® 20
®
© ....
....©
®
© 20
@
©40*
37
15
...
....®
104
101
102
©106
©106
©104
..©
28
102
©82
©104
®
— @©®
104
104
103
28
102
83
90
88
75
75
77
77
74
74
72
37
37
65
95
55
91
102
83
....
92
88
99
92
R'way, guar, by the Dela-
A Hudson Canal, 6s
Central A Hudson River mort.
Do.
88
105Xai06J4
®102
!14>JS115H
A
A
New York A Canada
©
18
©74
©57
&
Do.
37
87
20
AMEIUOAN 8TBHLINS BOND8.
by Penu. R'y Co
1910
91X193!,'
Atlantic
Ot. Western consol. mort., Bischoff.
1892
certs.(a),7s
Atlantic
1874
Gt. W. Re-organization 7s
Atlantic A Gt.W., leased lines rental trust, 78.1902
do.
do.
1873, 7s. 1903
Do
Western exten., 8s
1876
Do.
do.
Do.
do.
do. 78, guar, by Erie R'y,
Baltimore
Ohio, 6s
1895
Do
6s
1902
Do.
6s
1910
Minn., 7s
1902
Burl. C. R.
Vinceunes, 7s
1909
Cairo
Alton sterling consol. mort., 8s
1903
Chicago
Chicago APaducah 1st mort. gold bonds, 7s... 1902
Ind. con. mort. ..1913
Cleveland, Columbus, Ciu.
1908
Kastern Railway of Massachusetts, 6s
1875
Erie convertible bonds, 6s
1920
Do. 1st cons, mort., 7s
Do. with reconstruction trustees' certificates of 6
A
®
@
©
@
80^® 3IX
Pennsylvania, $50 shares
A
©92
©88
91
A
Do.
Do.
52
® 85
a 84
1905
61 a 68
AND SHARKS.
Baltimore
&
©
a
80
82
mort. Trustees' certificates
2d
3d
Atlantic Mississippi
Phil.
SX
103 xaiilSX
42
52
funded 6s
AN Kill TAN DOLLAR BONDS
Albany A Susquehanna cons. mort. 7s, Nos.501
to 1,500, Inclusive, guar, by Del. AHud. Canal. 1908
Atlantic 45 Great Western 1st M., $1,000, 7». ..1902
Do
2d mort., $1.000, 7s.. 1902
Do
3d mort., $1,000
1902
Do
Do
Do
14.
a 94
1875
1888
1894
1900
1889
1891
1895
Do
Do
Do
Do
Do
July
94 *
108K®10.X 108S«©10»X
108 3l04
103 ©104X
lOexaiOtiV 106X©108X
107 ©107"? 107XO107X
10UX®H0!4 :09X®"0U
42
Massachusetts 5s
&
July 21.
»4Xffi»1X
1881
1885
1887
1881
1904
8s
ware
are the current rates of discount at the leading
Bank
_
subjoined:
Consols
United States
Allegheny Vallev, gnar.
£
Public deposits
Government securities.
1877.
1876.
1875.
27.303,910
3,8*1,592
19,750,967
14,015.69:
16,400,551
86,8*1.184
Other deposits
Proportion
1854.
105
ments have been upon a very moderate scale. The American
railroad market has been rather weak.
The closing prices of consols, and the principal American securities at to-day's market, compared with those of last week, are
yet the
reasonably be entertained that Russia would be glad
may
terminate the
to
authorities
safety as long
army cannot advance with
assert that the Russian
as the
High military
the spring.
hostilities in
renewal of
7.
85
108
80
99
*5
104
92
52
99
99
82
94
78
58
47
@106
©106
®105
® ....
@ S3
@1C1
© ....
© 90
©
@ 76
.
®
® 74
4*89
@ 39
@ 65
® 97
@ 60
© 93
©104
© 90
®
© 94
©90
©101
©.94
©90
©110
@ 52
©101
© 85
©105
© 98
ft 54
©101
stlOl
84
©
ft 98
© (0
71
36
36
55
93
55
91
101
88
© 38
® 88
@ 65
@ 95
@ 60
© 93
@lc3
® 90
© 93
©
@ 90
©^3
....
91
88
99
91
85
103
©101
©93
©90
©110
© 88
©101
» A 38
104
81
99
©105
92X© 9SX
53
99
99
82
94
76
ft 55
©101
£101
© 84
ft 96
© 78
® 55
ft 55
88
©49
47
©49
91
66
© 96
© 88
96
86
© 98
© 88
68
©72
88
©78
1872, to July, 1874, inclusive.
..
©76
.
:
.
.
THE CHRONICLE
106
A French journal specially devoted to agricultural and commercial interests, reporting on the state of the vines, says the
news irom
the
Burgundy vineyards
vacancies will be found
owing to a little droppiug off, but the damage is
Perhaps the vintage in Lower Burgundy will not
be so abundant as in 1875, but in any case the crop will be much
in the bunches,
insignificant.
superior to that of 1876,
A
in the meantime.
if
nothiDg occurs seriously to
inj
made
large quantity of wine will be
ure
it
in the
Cher, and the banks of the Loire, from its rise to its mouth, will
yield abundantly, especially in the districts near Orleans and
Bloie.
The Cbarentes are also very promising, only in these rich
XXV.
the future, but articulate on the contrary, that adequate supplies
will come forward. There is, however, no reason to believe in
The abundant
very satisfactory.
is
Some
flowering passed over favorably.
[Vol.
,
Fro 21 most countries the reports are to the
with fine weather the harvest will be of fair average
abundance; but, as the countries which grow wheat are now
numerous, a good deal of security exists, as we are able to draw
supplies from many quarters. The present weather, however, is
delaying the harvest, not only in this country, but also in several
localities abroad, and this circumstance gives sellers an advantage.
Not much change has taken place in the valueof cereal produce
Fair progress lias been
on the Continent during the week.
cropj,
effect that
in harvesting the crops, but the
made
upon with
work
of threshing has not
vigor, and uutil that can be under-
countries of production account must be taken of the phylloxera,
yet been entered
the ravages of which become more and more sensible.
An approximate estimate of this year's yield of silk in France,
it is improbable that supplies will be abundant.
regarded as certain that farmers will not be reluctant to
realize a fair proportion of their produce as early as practicable,
says the Journal
Offieiel,
has been arrived
According to M.
at.
Jeanjean, the secretary of the Agricultural Association of Vigan,
the crop will be 10,000,000 kilogrammes, from 535,000 ounces of
In 1876, the crop was
eggs, of which 25 per cent are Japanese.
2,39C,3S5 kilogrammes, from 516,950 ounces of eggs, of which 80
per cent were French. In 1874, 11,072,000 kilogrammes were
obtained from 660,000 ounces of eggs, only about 33 per cent
being French.
statistics
The Patriate de VArdeche remarks
show a growing use
of
that these
native eggs for breeding pur-
poses, and a rapid djecline in the use of Japanese.
At the same
time there has been a progressive movement in the quantity of
Bilk obtained, excepting laRt year.
In 1873, the crop amounted to
8,360,642 kilogrammes from 736,758 ounces of eggs, of which
only one-third was French.
This was equivalent to 11 or 12
kilogrammes of
ounce; while, according to the estimate
for the present season, the yield will be equal to upwards of 19
silk per
kilogrammes per ounce.
The following
appears, so
show what effect the
had upon American trade but it
table has been compiled to
rise in the price of cereals has
far, to
have been very
;
trifling indeed.
PRINCIPAL EXPORTS TO THE UNITED STATES.
Alkali
cwt.
doz.
Bags and acks
Beer and ale
Copper, unwrought
Copper, wrought
>
bbls.
cwt.
cwt.
Coiton piece-goods
Earthcnwiire and porcelain
Haberdashery and millinery..
yds.
value.
value.
value.
tons.
tons.
tons.
boilertons.
tons.
tons.
tons.
.
.
Hardware and cutlery
Jron, pig
Iron, bar, angle, bolt and rod
Iron, railroad
Iron,
hoops,
sheets,
and
. Plates
Iron, tin plates
Iron, cast or wrought
Iron, o:d, for re-manufacture
nnwrought
Steel,
.
.'tons.'
4
5,033,500
£50,3:-8
,
1876.
1877.
202,401
131,772
1,501
10
191,010
17,359
1,837
2,519,700
£11.324
£i0,108
£48,014
Si:, 575
£20,959
£ :2,353
3,894
4,515
3,299
373
64
8
618
199
19
£54,385
£20,931
Ell
10,553
125
1,890
6.596
in
825
740
255
79
M
510
9,787
103
52
552
618
3,315,200
5701560
2,8:16.480
3,590,10;)
3 085,700
£21,049
£17,492
469
853
£13,953
65
319
1,495
9,625
8.3b9
15.303
20.075
£103
£344
£105
£1,931
£i,S4j
£1,123
£3.0«9
£2,502
£1,678
4,778
£4,631
£5.213
4,249
81,-00
1 639)13
1,639,313
78,500
1,354
38 100
175.761
Tin, nnwrought
'.'.'.'.'.
Wool, En«iish
Wool, Colonial and foreign
cwt'
3J
95
16.882
£436
2,003
3,709
50.300
1,179,800
. S3.5.0
2,619
218.800
285,010
43,400
1,922.000
13,600
PRISCIPAL IMPORTS PROM THE UNITED STATES.
533,210
117151°
"IS 741
cloths
Worsted stuffs
Carpets and drugget'
lbs"
i.lbs'.
yds.
......yds.
.'.'.'
.
.'.'.'yds
885,100
6,600
Wheat— From ports on the Atl'ntic.cwt.
From ports on the Pacific. cwt.
cwt
cwt.
cwt.
C85,8!:9
'tal'sia
1 7'i
;4k
when we bear
heavy, and
we already hear
is
that at the scene of the recent cam"
new agricultural season, stares the populace in the face. It is
but reasonable to anticipate, therefore, that a considerable part of
the grain produced iD Southeastern Europe will be retaiued in
order to meet the losses occasioned by the war.
During the week ended July 14, the sales of home-grown wheat
markets of England and Wales amounted to
only 16,785 quarters, against 21,566 quarters during the corresponding period of last year. In the whole Kingdom it is estimated that they were C7.140 quarters, against 86,264 quarters.
Since harvest, the deliveries in the 150 principal markets have
reached a total of 1,899,136 quarters, against 1,964,223 quarters;
and it is computed that in the whole Kingdom they have been
7,596,500 quarters, against 7,857,000 quarters in the same period
of the previous season.
and
flour
Without reckoning the supplies furnished
estimated that the following quantities of wheat
it is
have been placed upon the British markets sioce harvest;
1876-7.
Imports of wheat
Imports of flour
Sales of
,,
home-grown produce...
Total
.
Exports of wheatand
Result
flour....'
figures
to clear foreign
Practically, this is no reduction, so that
although the
quiet, reluctance is shown in submitting
to lower terms.
cargoes.
Although home supplies are very short, and
although we require
some 370,000 quarters weekly from foreign
sources, in order to
equalize supply aud demand, yet
millers show no anxiety about
85.S85.2U
show
lOd.
S6,974,141
253,361
80,934,481
2,451,370
86,715,780
43s. 7d.
78,530,114
61s. 8d.
the imports and exports of cereal
with the corresponding periods in the three previous years
IMPORTS.
1876-7.
* heat
Barley
Oats
Peas
1875-6.
cwt. 37,824.179
47,305,0(19
12,001,719
7,641,086
9,921,551
1,319.296
3,526.359
53,506,362
5,503.402
...
10,2"], 2'2
1,203,£53
4.019,359
30.426,781
6,023,893
Beans
53;5S8
granary charges
..75,988.930
..
53s. 3d.
44,957,100
5,90.5,937
—
39,323
money
874,820
45s.
cwt.
37,725,122
5,913.362
37,336,000
86,111.10!
—
42.252
;
731,142
.
1873-4.
1874-5.
cwt.
cwt.
47.305,069
5,503.402
34,016,600
produce into and from the United Kingdom since harvest viz.,
from the 1st of September to the close of last week compared
IndianCorn
is
.
.,
The following
18r5-6.
cwt.
.87,821,179
6,023,8 13
.34,923,000
..76,763,072' I£6,8S0,071
.
Average price of English wheat.
.Flour
less
that
paign in Asia, famine, not withstan ling the commencement of a
1*008
some merchants have accepted rather
in
bodied population of Turkey
76400
less unfavorable, and, in order to avoid
mind
nearly the whole of the ablecompelled to defend the country,
Even making allowance for
agricultural interests must suffer.
the employment of women and the aged, the losses muBt be very
but
401,13'.
obvious— that the harvest is delayed.
At a time
are almjst entirely dependent upon foreign
supplies
—for out of a total weekly consumption of 440,000
quarters
ef wheat and flour, the contribution by British
farmers is not now
more than 70,000 quarters-harvest delays are important,
and
fully justify the holders of grain in demanding
higher terms for
their produce. In obtaining enhanced prices,
sellers were successful in the early part of the week, an advance
of about 2s. per
quarter having then been established but latterly
the weather
is
well, and for some time past they have been ready for the sickle'
but without laborers to gather them. This applies more, of course,
to the immediate vicinity of the conflict than to more distant parts;
136165
when we
tone
that unfortunate country, the crop9 are reported to be looking
bSisSS
early part of the week was characterized by much
firmness
in the trade for wheat, the weather being unsettled, the
result of
has beea
this English millers rely.
must, however, be borne in mind by those whose views are
favorable to a lower range of prices, that the waste of resources
In many districts in
in Turkey is now on a very serious scale,
I,
*M.0S»
The
which
and upon
ex-granary,
.'.".'.yds.
Spirits ( uritish)
gals.
Stationery, other than paper.. .'...value
£'?"
80
592
4,589,900
31
8,611,100
Steam engines, Ac
valuo.'
Paper, writing, or printing
cwt.
Other kinds, except paper hangings. cwt
Salt, rock and white
.. tons
Silk broad stuffs
yds.
Silk ri >bons
',
.'.'.value'
Other artic es of silk only ... ....value!
Silk mixed wilh other materials valne
£"££
Tallow
April,
yd?.
.Linen pijtce goods
Woolen
40.110
1,153
tons
Lead, pig
Jure nvinnfactures
1877.
18.% 143
It is
in the 150 principal
Jt ne.
,
taken in earnest,
1874-5.
36.111.102
12,KC,016
8,081,(77
1.721,856
J.J9S.M5
14,888,969
5,905,937
1873-4.
37,725.122
8,149.774
9,497,251
1,220,271
3,405,995
15.761.412
5,913,361
EXPORTS.
Wheat
cwt.
Barley
Oats
Peas
Beans
Indian Corn
Flour
742,972
48,999
85,212
2i,430
27,322
462,03e
41,170
84B.R85
23,518
352.309
38,284
9,310
48.555
23,285
201.787
186,9:10
77,407
18.428
2,647
46,0:>3
55,574
'
2,239,220
233.408
122,0*4
11,207
2.518
1-1,229
225,150
MINING MAKKET.
In reference to this market during the past week, the
World
In
Mining
says:
home mining
shares business has been very quiet, and
an absence of buying orders transactions have been of a
very limited description. The shares principally dealt in were
Roman Gravels, Tankerville, Van, Van Consols, West Tankerville, Ladywell, Parys Mountain, Bodidris, Aberdaunant, Corn
Brea, South Condurrow, Great Laxey, North Larey, Hultafall
Rookbope, Lead Hills, West Tolgus, and West Chiverton.
owing
to
In foreign and colonial miue Bhares a fair amount of business
has been transacted in Flagstaff, Last Chance, Tecoma, Richmond
Consolidated, Eberhardt and Aurora, Exchequer, Frontino and
Bolivia, Rio Tinto, Dom Pedro, and Sierra Buttes.
:
Ai list
:
.
THE CHKUPUCLE
i, 1877.]
H>rk«i Heporu- Per Cable.
Kii-ll«li
summary:
London Monty and titock Market.— The
the following
in the
bullion
Bank
—
M
86
Wheat (IC. W, spring), plctl
"
(Red winter)...
" (Av. Dal. white).. "
(C.
(n. *V.
mix.)
$
V
Peas fOantdlaoJ
6
11
12
12
u
4
7
quarter 26
auarter 37
9
6
Lard ( American) ...
Cheese (Am. flnelnew
85
54
37
d.
45
"
54
Liverpool Produce Market.
—
Rosin (common)... tfewt..
"
S
d.
85
54
87
44
53
6
6
6
d.
5
10
s.
$
Linseed (Cal.)
quar.
54 6
Bugar(Mo.l2D'cbstd)
on spot, ^cwt
Snermoil
« tun..
80 3
Whale
"
oil
Linseed nil... «
S
SO 3
82
35
29
35
ton. 29
.
d.
s.
51
6
80
3
30
82
35
5
£
3
41
45
25
45
25
e.
d.
6
£
s.
d.
9 15
54
6
80
3
82
35
29
35
29
Stfcojo.
—
The
imports were |S,217,603, against
week, and 16,764,395 two weeks previous. The exports for the week ended July 31 amounted to
15,140,795 against $0,121,903, last week, and $5,154,447 the previous week. The exports of cotton for the week ending Aug. 1
were 8,671 bales, against 3,179 bales the week before. The tol.
lowing are the imports at New York for week ending (for drv
.26,
and
week ending
for the
(for general
mer-
chandise) July 27:
TOBEtOtf IMPORTS AT
NEW
TOrtK FOR THE WEEK.
1874.
1875.
18TI
General merchandise...
$8,801,801
8,901,221
$1,118,365
3,685,401
$2,048,845
8,119,881
$1,596,105
4,621,493
Total for the week.
Previously reported.. ..
11.208.727
239.175,023
$5,803,769
201,109,766
$5,168,729
170,095,460
190,327.623
$218,838,750
$206,904,535
$175,261,189
$196,545,226
Dry goods
SinceJan.
1
1877.
»6,217.6fl.3
In our report of the dry goods trade will be found the imports
of dry goods tor one week later.
The following is a statement of the exports (exclusive of speciet
from the port of New York to foreign ports, tor the week ending
6
July 31:
EXPORTS FROM NEW YORK POB THE WEEK.
-'
.
Fortheweek
1874.
$6,881,788
163.913,315
!33.I5J,031
*170,803,103
$143,952,317
Previously reported....
Since Jan.
1
The following
New York
1875.
$5,793,288
show the exports
the week ending July
for
will
pari.-on of the total since Jan. 1
for severtl previous years
Julv25-Str. Labrador
July'.'6-strSucvla
,.,.„,„
July 28-Str. Gen. Werder
-
London
London
1873.
$1,7.0,941
1(3,932,985
$148,743,926"
of specie
28, 1877,
1,
London
U.
8. trade dole
.
Amer. sliver bars.
Amer. silver b-.ra.
Amer. silver coin.
Amer. trade dols
1877
25,000
10.UOO
9,000
113.000
80,000
20.000
-,"OI
48,00)
**4So!a»
$S1.W»,3J8
$37,797,903
2l.vtB.C08
£9,688,157
St,4*T.8S6
41,821,771
58.11.3.729
WSJ
31.091.250
33. 109.050
If"
54.86-..0)9
1868
1887
1888
1871
81.503,013
of specie at this port
:
lid.lMD
'870
187]
been as follows
$10,000
«™m,i
Same time in—
]£<
The imports
trom the port ol
and also a com.
.....'..'."
.fJ7.500.958
28...
30...
391.000
299.000
427,000
606,000
195,000
I...
2...
Custom House and Sub.
Sub-Trtosury.
—%
Receipt!
Gold
96
$1,167,035
1,015,336
901,814
331.720
541,941
2,234,105
56
53
74
61
68
-.
Payments,
»—
Currency.
$213,744
407.100
520,954
467.296
893,322
227,012
12,095.000
Gofd.
76 11.451.299 12
91
201.249 67
59
247,161 69
03
70,815 54
91 1,198.697 77
81
1,992,484 36
.
$6,212 004 54 $5,164,4'J9 45 $5,460,028 22
W.:»I,70S 32
51.032,579 01
82.731.462 03
84.0ci8,445 90
81,6)3,408 53
in
the
programme
for
payments as proposed in the former circular by which
the coupons of the Decatur & East St. Louis first mortgage, due
August 1, 1877, and the coupons of the Quincy & Toledo first
mortgage, due May 1, 1877, will be paid on the 1st of September
The coupons of the Toledo
& Wabash, Wabash & Western, and Great Western second mortnext, instead of the 1st of August.
May
1877, will be paid on the 1st of October next.
of the Toledo Wabash & Western consolidated mortgage, due August 1, 1877, will be paid on the 1st of
November next. As a condition of, and prior to these payments,
the coupons in default, with the others, as specified in the circular of January 24, must be deposited in trust in the Metropolitan
National Bank, as heretofore announced, the holder receiving
scrip therefor bearing a graduated interest at the rate of 3 per
percent
cent in 1878, 4 per cent in. 1879, 5 per cent in 1880, and
The holders of the Toledo & Wabash
in 1831 and thereafter.
and of the Wabash & Western bonds must also assent to an
extension of the time of payment ot the principal of these bonds
on receiving additional coupons to 1893, the time of the maturity
of the Great Western issue.
1,
—
Baltimore & Ohio and the Strike. Vice-President King
week addressed a letter to a Committee of Engineers, &c, in
last
which he says
Gentlemen : I am in receipt of your communication inclosing
resolutions adopted at a meeting of engineers, firemen, conductors and brakemen, proposing the following rates of wages
Engineers, first class, $3 50 second class, $3; conductors, $2 50
firemen and brakemen, $2 per day. In declining this proposition, it is but proper and right that the reasons which have
:
;
during the same period* have
;
led to this conclusion should be explained. Tne great depression in business which commenced in the autumn of 1873 has
continued, growing from bad to worse. The effect upou the
Baltimore & Ohio Company has shown continued large decrease
The other truna lines had reduced vi ages 10 per
of revenue.
cent, one of them on the 1st of June aud two of them on the 1st
of July, aud at that date a similar reduction had been made on
many of the leading lines of ihe country. It will be observed
that the Baltimore & Ohio Company was the last company which
competes for the great trade of the West which made the reduction of 10 per cent. That the whole question may be understood,
I present a table of the rate of wages paid trainmen in 1801, in
1877 after the reduction, and the rate you now propose
TABLE OP RATES OF PAY.
:
Pay received
Pay
Rate.
after deductlng 10 p. c.
recelved
Jan., 1881,
$1 66
1 50
1 S3
Tonnage conductors.
$155,885,577
Amer. sliver bars'.
Amer. trade dols..
Mex. silver coin..
Amer. silver coin.
Total for the week
Previously reported
Total since Jan.
1877.
$5 140 795
15o!244|782
..U.S. trade dols.
, ,
na
July 28— 8tr. City of Richmond.. Liverpool
Same time In—
July
Receipts.
•174.000
Ju y
Tonnage englnernen
S 03
1 80
00
1
35
mum.
$2 00
as a mini-
mum.
•$2 93
$3 BO
2 70
2 48
2 25
3 00
2 50
2 25
2 00
1 33
$1 75
1 50
r
-j
1
$1 58
1
33
35
$1 QO
as a mini-
mum.
1 11
t
Premium
1
$1 58
i 75
I
*
17
Pay proposed by
Committee.
$2 50
as a mini-
$3 ro
i
Tonnage firemen.
1
16, 18.7.
$2 25
$1 33
Tonnage brakemen
with the corresponding totals
,
1876....
1S75
Custom
House
total
f 6,969,188 the preceding
goods) July
7.*10.683
8.784,778
4,264.010
1,743,562
The quarter coupons
IMPOKTS AND EXPORTS FOR THE VVttBK. The ilUDOrts last
week showed a decrease In both dry goods and general
merchandise.
1
3,(00,981
gages, due
Frl.
9 15
54
Commercial ana JtttaceUaiuoits
|
interest
1XH
8*
8%
82
82
35
»S 15
5
SIX
41
Thnr.
6
PS
... $7,454,449
Wabasb. —A. change has been made
Frl.
d.
5
10
5
£
triS
$7,6»,1&0
1871
1870
1869
1868
1667
|
transactions for tl.e week at the
Treasury have been as follows:
Total
s.
10
d.
TO
Same time in—
Balance. July 2?
Balance. Aug. 3
M
d.
8H
9 15
54
9 15
00
I.
dust
1877
S,8rr>,0S3
8...
11
Tnnr.
Wed.
1S,*u7
SB,
M
s.
15
25
1,
1,976.071
3.041.822
d.
37
6
6
HVS
D
1 100
$166,980
7.532.180
$2,591,492
?5
Wed.
8)4
Tnes
£. s. d.
9 15
54 6
6
6
s.
m
silver....
Gold..
The
Aug.
Frl.
d.
s.
Silver
Hamburg
26— Str. Lesilng
Total since Jan.
2
5
9
6
37
Gold
Same time in—
6
25
6
35
54
37
44
51
5
10
8<A
Mon.
d.
8
s. d.
12
—
£
3
12
Thnr.
d.
s.
e
12
8%
Lins'dc'ke(ol>l).0 tn. 9 15
11
37
d.
Ta!low(priraeCity)..» cwt. 40 9
40 9
41
Clover seed (Am. red).. " 45
45
45
" 25 6
Spirits turpentine
25 6
25
London Produce and Oil Markets.
Bat.
12
12
12
s.
Tues.
5
12
"
11
12
85
54
37
44
53
s.
10
ga!
(spirits)
9
d.
s.
5
10
"
(line)
Petrolemii refined)
1!
12
Wed.
Tnes.
85
51
33
41
51
Mod.
Sat.
a
11
Havana
Aspinwall
$790
Uf, i
Gold
81..
d.
s.
6
"
28
Ver» Cruz
Jnly 26— Str. Columbus
July Jb— Str. Colon
1876
1875
1874
1873
1872
d.
s.
8
26
Hold
Uold dnst
Foreign silver..
Aspinwall
M erlda
of
Total for the week
Previously reported
Frl.
d.
s.
37
—
Mon
Bat.
s.
.^ tc
Pork (W't. mess).... pub!
Bacou (I'g clear iald.)y cwi
.
Thnr.
d.
6
i(i
8
37
Liverpool Provisions Market.
Beef (prime mess)
s.
26
11
White club)... "
d.
e.
."HO
"
Corn
Wed.
Tnes.
23—Str. City
Amer.
Gold
July
—
M.
b.
»bbl
Jnly
God
of Kngland bait decreased £228,000 during the week.
Tbor.
Frl.
Wed.
Tnee.
Mod.
sal.
919-18
94 11-18 915-18
Consols for money.. 94X
94X
UX
"
Wl H-tS
94 lt-;b 94 5-18
acconct.. 9*H
»>*
94V
108*
106*
10t>X
O.8.6s<5.S08) 1867....M6*
108 X
108X
itSfi
ll'ltf
IH'X
1'OX
llulf
O. S. 10-lUs
110X
107*
News.
t07iC
10TX
10'
1"7X
I07S
llWX
IMS
'-OjX
1C6X
Now !},•)
108*
UMjtf
dee special report of cotton.
Liverpool. Ootton
trktt.
Liverpool Brcadstufls Market.
mod.
sat.
107
July 23— Str. Etna
ThedRllyoloslngquotatlonslnthemarketsof London and Liver,
pool (or the put week have been reported by cable, as shown iu
Flonr (extra State)
1
.
25 cents not included.
rates you name will exceed those
in operation at that period to the extent of about 35 per cent.
The rates of through freight in 1861 were double those of 1877,
and for coal the rate was |2 31, while in Jane, 1877, it was but
i»l 37 per ton from Cumberland to Baltimore.
As compared with 1861, the
Texas Securities.—Messrs.
State 7s,gld 4109
7s,g.80yT8 JllOK
lOe, 1884.. |100
10s, pens
$103)4
6a of 1892.. S91
i With interest.
.
Forater,
Ludlow
Ill
Austin ins.. ,.100
112X
Dallas 10a ... 90
191
Houston 6'»..
104X
S.
90
..
Ant'ioloe.. 90
& Co., 7 Wall St., quote:
101
G. H. & S. 6s, «. «3
"so
H.AT.C.7s,g.lst 80
do 8s con. 2d 60
G.H.4H.7e,g.l«t 75
ST
:
:
THE CHRONICLE
108
Bankers'
i&tje
No
—
Name op Com'ANY.
.
foreign bankers, either for export or on speculation, and these
:
When Books
Per
,
Cent. P'able. (Days
Closed.
inclusive.)
Railroads.
Cedar Rapids & Missouri Kiver pref
Lake Shore & Michigan Southern, guar
Michigan Southern & North. Indiana
—
Aug.
Aug.
354
6
Aug.
5
Bank**.
of the
Manhattan Company
National Bank of the Republic
Aug.
Auj.
.
FRIDAY, AUGUST
3,
The Money market and Financial
week has been
Aug.
1
to Aug.
5
1877-5 P. M.
Situation.
—
The
weeks immethe railroad districts and in the
rather quiet compared with the two
diately preceding,
and both in
stock market there
is
XXV.
ing the
DIVIDENDS.
recently bees announced
[Vol.
United States Bonds. There has been a good business durweek with the various classes of purchasers, the investment buyers being the most numerous. Several lots of considerable amount have also been taken in the past day or two by
©alette.
National banks organized during the past week.
The 'ollowlue dividend* have
Bank
.
a reaction from the excitement lately prevailing.
Aside from the immediate influences on the market,
which may cause a fluctuation of J per cent in gold, or 1 per cent
were mostly of the five-twenties of 1865 and the 4J per cents.
the regular investment demand, 6s of 1881, 5s and 4js funded
The new 4 per cents are
are the bonds most largely taken.
quoted to-day about 104| in currency.
On July 27 the Treasury Department ifsued the fifty-third call
for five-twenty bonds, embracing $10,000,030 of the consols of
The
1865, oa which interest will cease October 27, 1877.
On
description is as follows:
Coupon Bonds. -$50, No. 30,C01 to No. 40,000, both inclusive; $00, No. 52,001
to No. 65,000, both inclusive; $500, No. 42,001 to No. 50,000, both inclusive;
$1,000, No. 75, ^Ol to No. 85.000, both inclusive. Total coupon, $7,000,000.
Btgistered Bon'ls.— $50, No. 1,151 to No. 1.400, both inclusive: $100, No.
10,501 to No. 11,900, both inclusive; $500, No. 7,201 to No. 7,7J0, both inclusive;
$1,000, No. 23,001 to No. 25,100, both inclusive; $5,000, No. 6,701 to No. 7,300,
both inclusive; $10,000, No. 7,881 to No. 11,750, both inclusive. Total registered, $3,000,000.
Closing prices have been as follows
in active Btocks, the leading topics of discussion are the late strikes,
or in five-twenties called, before the last of October, will be bo
handle 1 as to avoid, as much as possible, any embarrassments in
financial circles.
In the money market the most notable feature is a decided
hardening in the rates for commercial paper, and some of the
note brokers report an advance of 1J@2 per cent over the rates
current three weeks ago, and quote prime paper now at 4|@6 per
cent.
This change of views on the part of. bank officers and
other buyers of paper may be precautionary, and arise from an
apprehension that the money market will be likely to work more
closely at an early day in the future.
On call loans there is little
difference to report, and money is still abundant at 2 per cent,
and sometimes below that, but transactions at the lower rates are
less frequent than when we last wrote.
As an exception to the
usual steadiness, however, there was a slight flurry this afternoon among stock borrowers, and call loans advanced to 5@6
per cent.
The Bank of England statement on Thursday showed a decrease
week of £288,000, and the discount rate remains unchanged at 2 per cent. The Bank of France showed a
decrease for the week of 10,500,000 francs.
The last statement of the New York City Clearing-House
Int. period.
68,1881
6S.18S1
Called bonds ..
The following table shows the changes from the previous
week and a comparison with the two preceding years
:
July
.
.
Aug.
31.
Ill
Aug.
'Aug.
3.
2.
1.
Mil
112**112*
112*
112
110**111
111.*
*112
...May&Nov
& July.*106*
& July. 106*
& July.*109
.
& July. *109
& July. "Ill
& July. *111
reg.. Mar. & Sept. 112*
.
5s, 10-408
July
80
28.
& July. Ill*
& July. *112*
reg..Jan.
coup. lan.
6s, 5-20s, 1865, n. i...reg. Jan.
6s,5-i0s,1865,n.i..coup..Jan.
reg..Jan.
6s, 5-20s, 1887
coup. .. 'an.
6s, 5-20S, 1867
reg. .Jan.
5s,5-20s,1868
coup. Jan.
6s, 5-20s, 1868
*106* *106* 106* 106* 107
*106* *106* 106?j *106*
*108* 108* *108* *10S* 109
*10:)
*108* *103* 109
109
*108;i
*111
*111
«112
113
*111
*111
112
Mil
*1H
*111
*111
111*
*111
109**101*
*x9*
coup..Mar.&Sept.*112* *112*
*112* *112*
i»g..Quar.— Feb. 1C9* 109* 109* 109* 109*
5s, funded, 1881
"111
5s. funded, 1881... coup. .Guar.— Feb. *111
111
xlOO* 109*
4!4s, 1891
reg..Quar.— Feb.*108* *10854 *10S54 *108* *108s
coup.. Q,uar.— Feb.* 108* *WB% 108* *108* *108*
4V4s. 1891
Quar.— Jan. *105* 1C5* *105* 105* 105*
4s, registered, 1907
Quar. Jan
4s, small coupon
reg. .Jan. & July. 184**125
8s, Currency
125
125
*124*
* This is the price bid: no sale was made at the Board.
The range in prices since Jan. 1, 1877, and the amount of
class of bonds outstanding Aug. 1, 1877, were as lollows:
58,10-408
—
.—Range since Jan.
Lowest.
110*
coup. 111*
coup. 107*
5-208,1865
5-20s, 1865, new.. coup. 106H
reg.
6s, 1881
6s, 1881
68,
6s,
6s, 5-20s, 1S67
6s, 5-208, 1868
58, 10-408
5s, 10-408
5e, funded, 1881
4J48, 1891
4^8. 1891
6s.
Currency
June
Men.
]
1, 1877Highest.
Amount Aug.
,
*112*
103*
110
*108*
*108*
105*
«124*
each
1.
,
Coupon.
Registered
114* Jan. I $193,852,900
115* May 56
1
11
Feb.
July
coup. 108 H July
coup. 111* Aug.
111!4 April 24
111* May
17
May
26
114J4
117'/,
109* Mch.
coup. 110* Mch.
coup 109* Mch.
reg. 106* Mch.
coup. 106* June
reg. 121* .Ian.
114*
114*
112*
109*
reg.
109
126
1,533 550
72,180,C0a
93,139,600
15,691,000
112,214,850
Jan. 22
Jan. 2?
Feb. 6
Jan
22
219,249.650
111 ')56,lu0
July 17
May
'saesY.iso
8,S81.000
130,456,050
212,47 9,900
81,762,000
52,351,450
289,190,700
48,043,900
17
July 18
61,62'W12
Closing prices of securities in London have been as follows:
Aug.
Range since Jan, 1, '77.
July
July
Highest.
Lowest.
27.
3.
BO.
—
—
,
in bullion for the
banks, issued July 28, showed a decrease of $733,025 in the excess above their 25 per cent legal reserve, the whole of
such
excess being $10,043,075, against $16,770,100 the previous week.
:
July
—
and the incoming harvests these
three being considered the most important matters having a
bearing upon the financial situation of the country at large.
The management of the Government loans and exchange of fivetwenty bonds heretofore has been so carefully directed as to
cause little or no trouble in the money market, and it is believed
that the large amounts to be paid for bonds sold, either in gold
the Syndicate operations,
1
0. S. 6s, 5-20S. 1867
U. 8. 5s. 10-4X18
State
107>j
l%>/2
110*
107^
106
106
106^
110*
I
1
106*
110*
107*
106*
and Railroad Bonds. — State
inactive, Louisiana consols selling at 78,
106
l(;7i£
June 25 110* Feb, 6
April 17, 110* Feb. 6
105* April -25
lOiVi
May
16
109
1
July 11
106* July 16
bonds have been quite
South Carolina at 72,
Virginia at 64, and Alabama "A" at 41 f. The proposal in Virginia to unsettle the State debt as adjusted, and to call on the
present bondholders to make still further concessions, is a most
unfortunate matter, and calculated to injure that and all the
Southern States if it is carried out. Many of the be3t men of the
State in both political parties are against it, but as Gen. Mahone
appeals to the lower classes on their desire to avoid taxation, it
From the Comptroller of the Currency, Hon. John Jay Kno;
we have the following statement of the currency movements
and Treasury balances
for three
months past
is
feared that there
is
gubernatorial election.
a possibility of his succeeding in the
Texas 10s for funding State warrants
will be paid off
August 31 at the American Exchange Nat. Bank.
Kings County 5 per cent, loan of $100,000 In anticipation of
Total held for circulation
taxes payable January 1, 1878, was taken by N. T. Beers, Jr. at
840,415100
Bonds held as security for deposits
1&88&000
100-54.
Holders of Memphis City bonds can now exchange them
Legal Tender Notes.—
Deposited in Treasury under act of June JO,
for the new compromise bonds at 39 Pine street.
1874
644 210
1,425,100
1,484,420
Total now on deposit, Including liquidating
Railroad bonde have not, as a rule, been as firm. There is
banks
14 327 552
13,933,802
14,425,028
probably less demand now from investment purchasers, but this
Retired under act of January 14, 1875... ".!!
1 081 824
648,248
670,112
Total retired noder that act to date
21 587V0
is not so much a cause for lower prices as the bad faith shown to
22,585,663
52,905,780
Total amount of greenbacks outstanding.. 36M12,'580
359,784,332 359,094,220
National Bank Circulation.—
bondholders by the managers of railroad companies. Oa the first
New circulation issued
1352 280
810,810
817,640 of August two defaults were made in the payment of interest,
Ctrculailon retired
....'...'.
l'739 105
Total circulation outstanding-Currency... 317,66l,'o92
315,Wa47 315'a36«SS viz., by the Missouri Kansas & Texas and the St. Louis & Iron
Gold
1,432,120
„.
...
1,428,625
,
1W120 Mountain companies. Both these roads have been exceptionNotes received for redemption
fromNew York
10,111,000
10,500.000
5,670,000
ally fortunate this year in showing a large increase of earnings
8,307,000
8,300,000
SSii PWi
6,714,000
I' 428000
over 1876, and certainly in the Iron Mountain case no default
1,000,000
690,1 00
rw£n.P« ta
Cincinnati.....
159000
65,000
48,000
was expected. The strike was alleged as a cause for non-pay197000
S^'S'
237,0v0
16 ,000
Miscellaneous
5.930.0CO
7,727,000
4,622,000 ment, and the excuse was such a palpable subterfuge as to be
WU«5» $27,829,000 $17,TO^ worse than none, since the company has earned $2,177,339 this
T?ewry- *ovi mini* Balance In Treasury-Coin
year, of which about $800,000 is net, and the interest now due
10',187,OP3 115,122,473
97,803 995
Currency
7,515,515
7,980274
9
811 956
was only $140,000.
»,a.i,.jg
Currency held for redemption of fracMessrs. A. H. Muller & Son sold at auction
25 shares .Etna Insurance Company of New York. ...
CncrUflcatesouutand^ ^"^:::;
82
U.S. Bonds held as security from NaVl B'ks.—
May
Bauds for circulat ion deposited
$4,79 i.soo
Bonds for circulation withdrawn
5,lfVgO0
June.
July
$4,953,050
8,654,550
838,713,600
18,857,000
$10,731,400
11,683,400
337,761,600
18,867,CO0
45« !&%
$#*§
A
,
'
1
$2,000 St. Charles Bridge
Company
1
st
mortgage 10 per
ee'nt
bonds! !!!.'.!. 50
.
.
:
Atjoust
.
X,
...
X
I
Cloning prices of leading State ami Railroad Bonds for three
past, and the range since January 1, 1877, have been as
follows
July
Aug.
SO.
:!.
Statu*.
•48*
6s,
Virginia On, consol
do
2d series...
•IT
•17
••.9
•78
•40
•it)
I<
11
M4
101)4 •:.:.-,
District of Columbia, 8-86S 1924
Central of N. J. 1st consol. ..
Central Pacific 1st. lis, gold ...
Chic. Burl. Atjulncy DO
Northwost'n, ip., gold
Chic
A
Chic M.
*
Chic. R.
I.
Lake Sh.
A Mich. So.2d cons.ep
St. P. cons.
s.
A
7s
P«c.
l»t,
Michigan Central, consoi.
fd, "s
7s.
.
A
Hud. 1st, coup...
N. V. ivn.
Miss., eons. sink, fund
Ohio
Chic. 1st
Pfttsb. Ft. Wayne
Iron Mt.. 1st mort.
St, Louis
A
A
A
do
sinking fund....
* This
is
'.9)4
T»X
tax
68
v
107
101
Since
Lowest.
49)4 Feb.
Feb.
42
July
18
Jan,
•MX
50
10574
106
107
1817
9
.
44W June
7
2276 Jan.
82)4 Apr.
Apr.
45
2
1
;i
Mch.
Mch.
Mch.
S 85
Jan.
IS|1103£
Junell
!
5
16.1)174 June 14
80J4 April 11 «3"4 Jan. 2
87K 873 88
Ml.,
Jan.
78
26
88% June 19
8:
87V
•109
Feb. 2SJ112 June 29
•108341106
June 29
Jan. 13 115
..Il09
July 17 102 May 10
....' S3
93
•91
Mch. 18
100
May
2
104)4
•10»H
108V
June 7
•110
118
•lUJt 'lM^Ill
•118
Mch. 5 121 May 24
•117)4!»117)4 114
May 22
81)4 J«nc 28 92
•86M •86
117
Jan. 9 122 June 23
•US
11774 »117
•103 V,
....
95)4 9274 Melt. 22 103 X July 12
103
Jan. 9 108},' June 18
106
10574; 1(15
•9774 •98)41 9734 92)4 Mch. 31 98* Fob. 6
108*
1
*m
j
V
1
the price bid; no tale was
made
109
4
D.l
H.
80.
31.
"
at the Board.
Railroad and miscellaneous Stocks. — The
stock market
had one feature of interest this week, which overshadowed
all other movements, and that was the advance in Western
Union Telegraph to 75. The stock opened at*tbat price this
morning and afterwards sold down, closing at 73, but the sharp
advance yesterday which led up to the high price of this morning
was tbe occasion of more excitement, on account of the personal
assault on Jay Gould by Mr. A. A. Selover, which wag understood to have been prompted by losses of Mr. James R. Keene
and himself in Western Union and other stocks. Mr. Selover
charged Mr. Gould with breaking his word, but the practice of
appealing to blows as a remedy for disagreement in a stock operlias
ation will h«rdly be accepted as a satisfactory method of settleto be generally adopted.
The first fruit of the strikes has
been shown by the Pennsylvania Railroad Company in deciding
to pass its next quarterly dividend of 2 per cent and apply surplus earnings to repairing the damage done to its property. The
general market has been pretty well sustained, considering all
circumstances, but prices have fallen off from the highest
reached last week. The coal companies are doing nothing, and
until the strikes are ended and raining operations resumed they
will not even fir a price for coal.
The daily highest and lowest d rices have been as follows:
ment
••
»,o:o
4,806
!/5,50fl
17,841
24,«77
18.720
1,3M
20.0;
1
18,1441
I.'IM)
I8|S10
26,750
41,092
51,870
87,197
2,575
2,916
3.
Total
...
Whole stock
Lake Weefn St.Paul Morris Dcl.L. N. Y. N'west
pref.
tb, * W. Cent. met.
Shore. Union,
Canal.
July 58
.
Jan. 23 10914 June 5
Jan. 2 so
Juno 21
71
7774
1,
Highest.
28 45 Jan. 11
28
10
82)4 April 2
38
lao. is
•43)4
•17
•73
•in
new
do
....
.
THE CHRONICLE
4, 1877.J
weeks
do
.
.
0:100
S.IMI
v,«00
8,800
4,900
4,000
l.'.O
M,»88
8,100
15,979
15,790
!»,
MM)
1,200
5.600
'.'l.'MI
18,730
10,7?0
2,:iI0
1,068
11,710
8,770
4.7I9
6,995
11,440
7,500
6,8W
l,7',4
10,840
tjm
23,515 158,871 212.672 87,180 25.910 12%,474 44,3 r O 4».B86
200,000 491,605 387,874 122.744 150 0C0 262.0JO 891.2SS 215,022
The total number of shares of stock outstanding is given in
the last lino, fir U-> purpose of comparison.
The latest railroad earnings, and the totals from Jan. 1 to latest
The statement includes tbe gross earndates, are given below.
ings of all railroads from which returns can be obtained.
The
columns under the heading "Jan. 1 to latest date" furnish the
gross earnings from Jan. 1, to, and including, the report mentioned
in the second column.
Latest earnings reported
•
Jan.
,
1678.
1877.
1
to latest date.
1877.
1876.
Atch. Top. * 8. Fe.. 3d week of July.
$45,616 $1,186,522 $1,178,667
J60,011
in,r,ii
Bur. C. ltap. & North. 8d w'k of July.
17,516
481.043
636.1108
Cairo & St. Louie
2d w'k of July..
4,895
4,684
133,160
134,445
Canada Southern. .... 3d week of July.
39.301
32,006 1,014,967
916,76 4
Central Pacific....... Month of June.. 1,391,000 1,646,2119 7.7.iO,TX>0 8,020,1)45
Chicago & Alton
8d week of July.
96.128
92,665 2,256.252 2.5 2.211
Chic. Mil. A St. Paul. .Month of July.
551,000
685,270 3,515,460 4.645,787
Clev. Mt. V. AD., Ac. 3d w'k of July.
5,639
6,245
£03.946
808,881
Month of May...
Denver Pacific
29,614
29,714
128 849
Denv. A Rio Grande... 3d w'k of July.
19,038
e,740
•351,967
•229,306
Week end. July 21 169,073
Grand Trunk...'
161,058
Week end. July 20
62.030
Great Western
65,190
St. Jo
Month of May. .. 162,719
Hannibal
141*8
762.658
763,276
Illinois Cen. (III. lines).Month of June..
360,231
511*3 2,179,439 2,680, 166
W. ...3d w'k of July.
Indianap. Bl.
80.840
17,116
649,5154
827,920
21,739
Int. A Gt. Northern.. 3d w'k of July.
16,728
718,485
61 1.800
Month of June..
Kansas Pacific
258.652
838,437 1,346,045 1,864.057
Month of May.. 686,000
615.754
Lehigh Valley
Lonisv. Cin.
Lex ..Month of June..
87,437
67,961
609.314
490.496
Louisv. A Nash., Ac.Montu of May..
382.574
360,312 2,03'J,369 1,922,646
Missouri Pacific
Month of June.. 319,417
303,128 1,807,458 1,751,929
65,122
52,268 1,627,152 1,545,175
Mo. Kansas A Texas. .3d w'k of July..
Month of June..
Mobile A Ohio
83,949
828.849
85.S52
853,526
New Jersey Midland. .Month of June..
62,750
56,150
312,862
(88,004
Nashv. Chatt. A St.L.. Month of June..
117,439
118,562
810,993
876,636
Pad. AElizabetht'n...Month of June..
21,636
Month of June.
12,610
Fad. A Memphis
14,371
86,309
106,054
Phiia. & Erie
Month of June.. 250,705
261.265 1,389,884 1,565,721
Month of June..
St. Jos. A Western
26,878
3 i,2I7
177,190
170.500
9t.L,A.AT.H.(brcb.s).3d week of July.
9,295
6,589
2-14,608
256,709
84.200
St.L. I. Mt. A South. .3d week of July.
66,385 2,177,339 1,906,234
60.12.)
St. L. K. C.A North'n..3d week of July.
51,273 1,5(18,710 1,654,922
St. L. A S. Francisco. .Month of June.
67.778
106,612
612,542
811.810
st.L.&S.E'n(StL.div.)lst w'k of July..
10,419
10,091
295,583
886*6
"
(Ken. div.),. 1st w'k of July..
8,902
7,208
150,629
158,176
"
3,2'.7
(Tenn. div.). 1st w'k of July..
2,937
72,512
74,441
St. Paul A S.City. ...Month of June..
507,6'
40,360
58.74S
262 297
31,8f8
Sioux City&St. Paul.. Month of June
21,204
113,282
162,719
Warsaw. 3d w'k of July..
Tol. Peoria
24,740
558,158
21,277
758,117
3d week of July..
82.167
f.2,100 2.194.092 2,26:, 842
Wabash
Month of April.. 1,083,280
Union Paclflc
,083,280 1,051,188 3.782,247 3,289,664
* Fignres this year embrace Trinidad extension
in 1876, the earnings of
this extension were not included prior to June 1.
.
A
A
A
.
A
;
Monday.
Tuesday, Wednes'y, Thursday,
July 31.
Aug. 1.
Aug 2.
20
20
ux i»v
UX 12
UK 11* 11J4 UX 10X 11)4
•98
99
99
99)4 (WX
98V 93* 99
24
24 X 24)4
2*
2SX 24X 25X
21
69 X 60V
59 « 61
59V 61)4 WX 0-X
•22
22-, S3
22 X s
X 22V 22* 23
51
H < t>n 52 X 51 .2)4 52 53)4
95
95
96V 94 V Mg
94X 95
4i
43)4
41)^
UN
42V
40V 41V 40
ii
42* an, 41
45)4
HX 4JH 42 X
Saturday,
July
At. & Pac. Tel.
Central of N.J
Chic. llurl.*Q
C. Mil. 4 St. P.
do
Chic.
pref.
4 North.
do
C. K.
prer.
&
I.
11.
Del.*
Pac.
Canal
& West
& St. Jos
Del. L.
Erie
Han.
do
Harlem
pref.
Central ...
Lake Shore...
111.
Michigan Cent
Morris AEssex
N.Y.Cen.&IUS
Ohlo&MlBS...
Pacific Mall
Wab.
.
P.C. It'ts
Union
Paclflc.
West. Un. Tel.
Adams Exp...
American Ex
United States.
Wells, Fargo
•This
18
..
July
23.
10V
US
99
99!*
six 2i*
597J *»X
22
23
50* 5.X
95X 95*
38X 47
41)4
8*
46
ISO.
y
12
111
12
29
29
23* 23V
9X
59 X
SOX SIX
<SV *3X
69* 72)4
51*
95tf
3
ZX
20)4 2i
100
100
*<4
4)4
61W 6}
68), (8
97
97
12
12
8)4
12
8J4
12
104
28
23*
2SX
2J
27
'133
1997S 139S
59
60!<
94J,
»*
8V
9
12
60
62 X
141
51
52«
«K
44*69 h
43
44*
•- 1
'<0*'
69
M%
95X
94« WX,
3
3«
2!«
99
B<
102
4l<
65
4V
Id
19
•11
•31
43
82
•SI
the price hid and asked
3*
3X
20« 21V
5
63
71V
*0X
9.1
40
9914
45
41
4C
*....
no
91*
9iX 93X
63
7
45
•f'V
•
70
X
31)4
11
52
53)4
94X 95*
41
42.X
3*
9)j
»X
11
25X
27
139
61
139
•60
5074
SIX
43X Ux
69X 70X
..„
101
5X
63
72
97
•4i
V
41V 41V
...
S4X
8>4
•....
Jan.
Shares
Atlantic A Pacific Telegraph
Central of New Jersey
Chicago Burl. A Quincy
Chicago Mil. A St. Paul
do
do
t pref..
Chicago & Northwestern
do
do
pref. .
Pacific.
Chicago Rock Island &
Delaware & Hudson Canal
Delaware Lack. & Western
Erie
Hannibal & St. Joseph
do
Harlem
do
Illinois Central
Lake Shore
Michigan Central
Morris & E-sex
N. Y. Central * Hudson River.
Ohio & Mississippi
1,470
17,950
38,180
5,850
49,536
20,107
21,505
188,474
8,040
5 91.0
6,800
94
Junell
Mch. 19
11
Apr.
40% Apr.
Panama
Wabash Receipts
37J4 Apr.
82)4 Apr.
25X June
30 , June
:
AX
Highest.
25
Mch. 14
97X
n
i
American Express
Jan. 22
July
July
May
Ian.
3 10S 22X
3 18)4 3374
22 iao« 145
5
Jan. 23
Jan. 23
Ian.
12
00'. 10374
m
KH
MJj
1874
81
99
5
106
11774
2474
89)4
140
M
no
1
|
14>4j 22
Apr. 28 104J4 Jan. 20
July 7 1% Jan. 6
Apr. a 26)4 Feb. SO 16x
Apr. 8 130
Mch. 1 122
8V Feb. 3
V, June 30
\ Jan. :5 73 Mch. 2 57',
56
Apr. 41 8 Jan. 22 8S?4
91
Apr. 23' li 5
Jan. 27 100
43!^ July 3 6054 S"eb. 5 56
86
Apr. 27 59J4 Jan. 8! 4974
July 25 90 June 51 79
81
85V»
2*4
12),
3U
5,700
3.72i
212.612
512
840
year 1876.
Low. iHigh
U
—
IW
1,
m
-
in leadinar stocks
were as follows
fix
80)4
111
67.
76X
91
:
1
2.
3.
Total
Clos.
105)4
10574 105)4 10574
103*. 105)4 105 x
106* 105*4 1057,'
10854 108)4 10674
1057." 10674 10574
106« 105)4 10374
Balances.
i
i
Clearings.
Gold,
Currency.
$19,501.00" $2,837,233 $2,356,876
11,313,000
901.500
95i,430
20,023,000 1,707,193 1,80:3-216
2 i,45fi,00f
2,261,32
2,381,870
14,012,000 1,805.017 1,893,183
15,1'J6,000
l,6S7,2O0 1,790,126
i
;05i/,
105)4
105=4
105)4
10574
I
10574 105 H 105 X 105>4 {100.831,000
10574 106)4 108)4 10.V74
122,217,000
Jan.
37)4 Jan.
80J4 10974
11874 Jan. 26 112)4 121>4
12 25)4 Aa,.
18)4 46>4
23 61'/, Aug. 2
8474
13 S7>4Jan. 23 3174 45)4
58)4 Jan.
55)4 67>4
23 UWji Jan. 22 ''-'. 111«
13' 7 l,x Jan.
4
6I14 125
11 77
Jan. 13 64H 120)4
7
SW
Union Pacific
Western Union Telegraph
week
Apr.
18
44.300
4,400
•2 1.
United States Express
Willi, Fargo A Co
I
3
6
51VTJunel3 92H
Pacific Mail
Total sales of the
15)4,
4,74.-.
Apr. Ij 10,»4
Apr. 17! 1V4
17
Acr. 171 33>J
245 135
Feb. It HI
11.099 40; Apr. 2: 6.5)4
158,871 45
Apr. 23 57^
S6,8l*-> 35« Apr.
2 50J4
pref
Adams Express
1877, to date.-
Wednesday, Aug.
"
Thursday,
"
Friday,
Current week
Previous week. . .
at the Board.
Lowest.
Feb.
2,250
..
1,
28.
30.
31.
75
Whole
—
,
-Quotations.-
Op'n Low, High
Saturday, July
'
Monday,
"
Tuesday.
5V
63*
Total sales this week, and the range in prices since Jan.
1876, were as follows:
Sales
of w'k.
—
Xlie Gold Market. Gold has been moderately active within
On Thursday, at the Treasury
a limited range of fluctuations.
sale of $1,000,000, the total bids amounted to $5,700,000, and
105'28
at
to 105'32.
the awards were made
On gold loans the
rates to-day were 2 per cent for borrowing to flat,
table
will
show
the
course
following
of
gold and gold
The
clearings and balances each day of the past week:
..
102X
'•X
63
100
44
•81V
*W
42)4
20X
"OX 71X
•91
41
13
H.J4
93x 9ix
25
25X
6174 SIX
22* 23
93
3)4
"203»
3X
..
2034
...
Ml*
82
fOX
«3X 4t
6.-X
62
10J
43
,
was made
sale
49)4
•101
10:
5)4
5
4*4
63
82
28
140
62 V
3.
17
UX
StX
44*
63V
3)4
21
11)1
mx
•12
:
WS
:uox
4*
139X
60*
6214
Au<.
sv
»H
un
«i*'
50)4
43
5874
3)4
20>4
65
•«f 68V
•95
44
•mi
62
59V
Friday.
1 to
date..:
The following
are tbe quotations in gold
American coin:
Sovereigns
$4 88
Napoleons
3 87
XXReichmarks.... 4 75
XGnilders
Spanish Doubloons.
Mexican Doubloons
Fine silver bars
853,139
10774 104)4 10774 10574
.
3 90
15 60
15 50
117
©$4
@
@
@
&
@
©
50
3 92
4 80
4 10
15 90
15 60
11774
par©74prem.
Flnegoldbars
!
for
loreign
and
— 94)4® — 945£
Large silver, 748A748 — 94)4® — 94J4
Five francs
... — 93 © — 95
— 94 © — 95
Mexican dollars.
English silver
4 80 © 4 85
Prussian silv. dialers — 65 © — 70
—91 © — 65
Tradcdollars
Dimes
A
half dimes.
.
-
—
Sxcliange. Foreign exchange has been very dull and to-day
weak in prices. The bankers who usually import bonds
and buy bills, were out of the market, and in their absence there
was small demand from any quarter, so that prices bad no supLeading drawers reduced their rates, and on actual busiport.
ness sterling bills were done at 4.84J for 60 days and 4.86 for
demand.
.
In domestic exchange the following were rates on New York
at the undermentioned cities to-day: Savannah, buying 4, selling
i premium; Charleston, easier, ifS-lQ discount, selling 5-16;
Cincinnati, very firm, buying par, selling 1-10; New Orleans,
commercial, 1-16@J, bank i; St. Louis, 25 premium, and Chicago
50 premium.
Quotations for foreign exchange are as follows:
quite
-Aug. 3.
Prime bankers' sterling bills on London.
Good bankers' and prime commercial
Good commercial
Documentary commercial
Paris (francs)
Antwerp
Swiss
(francs)
(fra'ics)
Amsterdam
Hamburg
(guilders)
(reichmarks)
Frankfort (reichmarks)
Bremen (reichmarks)
Berlin (reichmarks)
.
60 days.
4.84V4@4.8574
4.84 ©4 85
4.83 ©4 83)4
3 days.
4.86 ©4.S674
4 85V ©4. 88
4.81T4©4.S8
3.17)4©5.15
5.1i74©S.lB
4.84
6.15
6.15
6.15
6.1774 ©5. 15
4074© 407J
9474©
9474®
9434%
9474®
95
95
98
95
4S474®4.85
©4
8444
©6.13)4
©5.1874
©8.13)4
*0HW
aura
4074
9.-o,
9814© 95.x
9574® 9674
96)4® 96Ji
.
..
j
.
.
Banks-
New Yr rk
Wa hattan Co
Diecciaats.
8
S
3,000,000
3,000.000
1,600,000
8,000.000
1,000,000
1,COO,0(0
1,000,000
600,003
300.0
1,000.000
1> 0,000
600,000
000,000
Phoenix
City
....
Fulton.
Chemical
Merchants' Exch.
Gallatin National
Batchers'* Drov.
Mechanics' * Tr.
Greenwich
Leather Manuftrs.
Seventh Ward....
S'jite of N. York.
American Kxch'e.
1,3 2,5'
9,956,000
3,450,000
3,518,400
1,119,'
4821,100
V
Citizens'..
3,178,<;00
1,816,800
3,387,700
3.124 400
J,8*l,R0O
2,133 300
3,h76 500
2,056,0
1 ,196,000
i;52^,600
2.227.KO0
8,4:8,200
1
600,000
Nassau
Market
l.OJOOOO
1,0 0,000
St. Nicholas
1,000,000
Shoe and Leather. 1 ,000,000
Corn Exchange... 1,000.000
Continental
1,250,(00
Oriental
2. I5'J,200
3.74).im
2,81)3.900
3.1*2,300
300000
1,.:65.000
400,000
Importers'&Trad, 1, =00,000
Park
2,000,000
l,71H,50O
.
Marine
Mecs. Bkg. Ass'n
iOO.OOO
Grocers'
800,000
North
40,000
Itiver
K
ver
850.000
Manufrs' & Mer. li.0,0
Fourth Naiional. 8,750,(00
Central National 2,000,000
Second National..
300.000
Ninth National... 1,500,00)
First National ....
500,0
Third National.. 1,'OI.OOH
N. Y. Nat Exch
300.000
TenihNationnl...
fOO.OOO
Bowery National
250,000
New York County 200
15,128/00
10.762 100
722.700
747,100
905,600
816,"00
474,900
14,189.3(0
7,749,000
1,9:18,000
5,311,
WO
3,648.000
4,876,300
1.116,600
1,424,600
1,114,700
1,185,800
2,5-6,600
819,700
.
.
. .
.
German American
Dry Goods
1,000,000
1,000,000
1.'
KSV-v
Legal Tenders
ec
£
Dec.
..-.
-
WWW
174,500
Circulation
2.383,600
2.204,700
3,325,800
1.223,OOJ
1,948,800
3,429,800
2,120,000
12,178,000
],5b5,50O
2,201,600
1.759,700
1,142,400
2,978.800
1,914,000
2,367,000
1.16',.
450,000
270,000
5,600
287.400
72,460
18,000
133,000
8,900
201,'00
4-9.400
896 000
4,800
58 -,000
WO
1,7.'6,700
S23'<)66
16,938,200
1,069,300
tO.OOO
300,000
lS.'W.OOO
728,500
568,200
818,680
619,1(10
9-1,800
538,600
12,2S>,',60J
6,610,000
"
1,990,000
4.847,100
5,968,000
5,875,300
821,700
780,800
926,100
1,055,500
2,166.600
51,300
500
1,0.13
1,377,1)00
25(1,000
601,800
295,000
49,400
267,300
441,700
223,800
ltO.OOO
Specie.
13,184,10!)
Loans.
L. Tenders.
57,325,200
1,9 '4,200
.
2,429,500
2,3 '.8,700
1,917,700
1,753,000
7,1(8,200
6,316,7(0
5 718,700
5,785,30
i
6,038,9:10
Lo.ns.
Speci3. L. Tenders.
t*B,492 283 $1.81-1,721 $2O.03\.V,2
6;,86-,717
1,449,278 19,698,629
"
63.214,399
1.501.5111
19,086,133
68, 8*2, 080
1.448,187 18 705.U8
63,521,003
1,820,027
17,784,282
61,416,285
1,253,386 17,. 74,770
25.
2,.
9.
16.
83.
July 30.
£8500
weeks
'
pa*t:
Deposits. Circulation
2.'1,064,900
868,914,804
Deposits. Circulation. Atr" Clear
$52, 100,5
823,19 ),500 *1!>,04,018
52,517,400
53,738.100
5f879,900
21,104,300
23,672,100
23.103,801
23,502,200
s3,44C,9O0
Bl,200,(KiO
50,450,300
Banks.— Totals were
Plilladelphta
700
as follows:
Specie. L. Tenders.
»1,768,*00 47,154,360
25. *139.946,000
2
l«l ,088, 800
9.
131,65 ',000
16.
132,442,20-)
33.
13l.37s,800
30.
129,841,860
•
43,310,039
61,514,098
49,310,016
4S.46S.814!
30.0 8 vi
as follows:
•B
6b, new, reg. ...
do
Allegheny County 5*. coup...
llll
4s, coup., 1913
5«, reg.
cp M 1913.
68, gMd. reg
7e, wVrln.reg.&c
no 73, atr.lmp.. rez., aS-36
N. Jersey 6s, exempt, rg.&cp.
County 6b, coup
City 63, coupon .....
7b, reg.
coup
do
Delaware 6b, coupon
Ht>rrl8burg City es, coupon
&
Camden
Camden
s4
100
pref
.
so
.
10.,
M
pref
do
new pref
do
Delaware & Bound Brook. ..
:.l(j
East PenoBvlvairia
Elmlra«fc Vfilliameport
do
do
pref.
Har. P. Mr. Joy 4 Lancaster
Huntingdon
do
<te
£*
K
Jtlnehlll
l{ea*l
ng
Philadelphia.* Trenton.....
Phlla.Wihnlng. * Baltimore
* Buff
United X. J. Comptniee
V/est Che-ter conaot. pref...,
West J eraey
PittBbnrtr Llt-iev.
5
H
iSH
12H
,
mort.
QUOT ATIONS
•
IN
BOSTON, PIHyp^iflllA AND OTHER
CIT1FS.
BKOURIT1XS.
securities.
BOSTON."
cs
Vermont «. Mass.
,
New Hampshire 6s.
Vermcntoa
..'.
Massachusetts 5s, gold
Boston 6s, currency
do 5s,gold
Chicago s»wersge 7s..
do
Munklp»17«..
Portland 4s
Alch. 4 Tcpeka 1st rn'.'i
do
land grant 7s
do
2d7s
.
do
Ian" inc. 18s.
Boston « Albany 7s. ..
do
ss
_ .
Boston* Lowell 7s....
Boston 4 Maine 7s
Burl* Mo.,landrran't7j""
do
>cb. 8s, 1p9i...
do
Neb. 8s, 1881
Kaatern, Mass.,s.ks, new. ."
.
.
Hartford & Erie 7e, new...
pgilenshurg ft Lake Ch.Ss
Old Colony & Newport 7s, V!'.
Kutland, new 7s
Verint C. 1st in., cons. 7s, '86
do
IB
110
7s, g., 19)3
do
21m., 7b. cur., '*
A. Burlington Co. 6a."97.
Counectlnir
101k
.
6s. 1900-1904
p
1898.
ba, reg., 1894...
is, reg., 1910...
V
109H
m
,
cons.
Fhilft.
&
in. us. cp., 1903,
m. 6*. coup., '9;
iBtm.6s, cp., 81 1
2d
t!o
m
2d
.n. ,7s, 1891.
Vermont* Csnsds. Dew
g.
1st
Bid. Ask.
m. ,6s, 'e3
STOCKS.
„
iPO'tonft Albany
'Boston ft (.owcl-
Bostoa
Boston
ft
I...
,'
'"'
Maine
Ine
I
ft Prov;
ivldence.
„ „'
Bnrlln>rlon 4,»o
\ „ in Neb
ithefhlre peferred.
.
Cm
M7
»
w
jfflj
'i-r
.
Sandusky
Concord
ft
clev
*%
Connecticut Klver"!
Conn, ft PassnmpBlc, pref."
Eastern (Mass.).
Eastern (New Hampshire)"
r.tchhurg
Manchoter
Nashua
ft
New Tork
ft
Lawrence.
Wi
k
'.'.'
Lowell.
ftj<ew England"
*
01dCo°.ony
Portland mico
tintland,
_
do
&
do
do
do
do
do
I'ortHiiouYli
common.
preferred!"!"'""
fy
1
Dcla
Ham. 4
4
*
In default
r>
07
02
04
HO
l«
Iflrt
M
K.S
Hb
IN
OM
9-1
100
100
ion
35
96
101
4.1
]
IK
100
110
115
Ind.,7s, puar.
..
H8*»
100
100
106
112
105
103
101
50
1
1)3
75
105
103
lis
do
21 m.7s, '84
do
m. 7s, 'ds. on
Dayton 4 West, lstm., '8i...t ioo
1st m., 19tr,
83
do
do
1st in.es. 90-3
.1
4
101
til)
1
"?'
W
Laf.
1st
77
65
63
m.7s...
113
1)7
20
tfl
JO
tl)
Si)
40'
i.oi i'.vim.i:
.oulsvllle7s
Ml
05 ki
43
BB
:,::
do
do
do
do
do
di
m
43Jij
50
55
72
Jeff.
t 103
+
to '87
6B,'9,to'9<
6s, '82
t
W
spec'l titix6sof
'89. t
7.,'8I1 100
M.41.ist m. ( 14M)
do
do
MM
KWi
2dm.. 78
70
1st in.. 7s, 19.6
ST. I.OI
St.
.
t
10(l-\i
102«
St.
M
do
do
t 101*4
t 107 s,
bridge appr ,g 6s t
renewal, gold, 6s. t
sewer, g. 6s, '9 -2-3.T
Louis Co. row psrk,g.6s.t
And
Interest.
S
101
107
100«
10034
l-Ssa
07
100)4
04
27)*
98
105«
new. 7 107 h,
10"ki
107kj
107^
107kj
do
cur. 7s
t
St. 1..4 8an F. BK. bde, aer's A BO
do
do
do B 22W
do
do
do C 21
t
m
!
IS.
Louis 6s, long
do
watcrbs, gold
do
do
do
do
li
water 6s,'87 to '89 t
'.
10* U
water stock 6s,'97-t 89fi
wharf 6s
t BUS
102kS
63, reg., '8>
6b, cp.,'J8
6?, reg.,'8, iosw
KK.. rg..*9 loikT
deb-.Tg.,';";
f intfreat.
UK!
100
in
Indiana :st m. 7s
do
2d in. 7s, '.7... (;-,
Colum. 4 X'-nia. 1st m. 7s, '90 tos
Dayton 4 Mich. 1st m. 7s. '81. too
ni,, .902*...
couv.,rg. 's:
ccnv.,g., rg.,'9J
goid, '»?....
do cons. m.7B, rg ,iflr
Morris, boat loan, reg., 1885,
100
1(1(1
104
Delaware Division
Lehigh Navifiiition
*•«
Vermont ACnnadA
Vonnon & MneaactauBctU.'!
Wort:w>te-A Ntwhua
&
104
104
9(1
Lonisv. C.4 Lex. 1st m. ;*.''.>'. 1011
Loul8.4Fr'k.,Lonl8v.ln,6s.*8 11)11
Louisv. 4 Nastivllle—
Warren & F. istm.78, *9<.
h2' 4
nj
Loulsv. In, (m.s.) 6„'86-87.* too
Weal Chester oona. 7s ( *9t.
in lllki Leb. Br. 6s, '86
t 9s
West Jersey 6», deb., eoup .'83
1st m.Leb. Br. Ex.,7s,'80- 6.t 96
do
:st m.68, cp., '96 iis'H '.Hi
Lou. In.
6s, 'j3...t 99
do
do
ibt m. 7s, '9j .
loox
Consol. 1st m. 7s, '98
9Jki
Western Penn. UK. 6*. 893
Jefferson Mad. 4 Ind
do
68 P. B.,'96
Loulsvllle4 Nashville
27
AVilra. « Read, 'et m. 7-, '900*
Louisville Water 6v Co. 1907 1 98
do
Chesa^.
1114
8j
do
(I. AC.) 1st iii.7s,
90
Little Miami 6s, 't3
01
HI
Cln. Ham. 4 Dayton stock.
Columbus & Xenla itock...
91
Dayton 4 Michigan stock..
v.''
do
8. p.c. Bt'k.guar
Little Miami stock
BB
02k
..•-.
2d
m\i
do
;i943)6s, at pi,
Ches.4 O. st'k ('47) t»s, at pi.
Georgetown.
General stock, 8s, 831
do
6s, at pleasure
Bounty stock. 6s
do
Market stock, 6s
do
Board of Public Works—
Certlfs. gen. imp. 8-, T7-78
do
berlca
Ind. Cln.
CANAL BONDS.
Northern of New Hampihlre
Norwich ft Worcester
Ogdensu. ft L. Cnamplal'n""'
.
10.1
104
Washington.
Ten-year bonds, 6s. '78
94
Fund, loan iCong.) 6s, g., '92 104
do
(Leg.) 6s, g„ 902. HI
CertIf8.ofstVkti82Si5sat pi 78
KM
t2ki
7«,rp. 1 '88.
A Heading 6a, '60,
do
7s, oop.,'93
do
deben., cp.,'91'
do conn. m.
cp.,Wi;
do eons. m. "is, rg.Jtf.i
do new con. 7b, 1693
Phila. & Kead. C.& 1. deb. is: ;
do
uo
'.s. '92-93
Phila Wi:m.AB-lt.6s,'84
Plits.Cin.A St. Louis ?s ,1900
s)iAin->kmV.& Pott>v 7a.' 1901
B1 mhenv. & Ind. lft, 6s. .881
Stony Creek ibi ui.Ib, 9J7.
Suubury »t Erie let m.7s, '17
United N.J. cons. m. 6s. '91
04
101
102
102
102
102
iiir.u
let
Erie
H4
Perm. Imp. 6s, g...I.* J., .891,
do
7s, if9i
Market Stock bonds, 7s, 1892,
Water Stock bonds, 78, 193
do
do
7s, 903.
Cln.
Cln.
Creek ibt m. 7s, coup ,'8i t>3
ill
Tttuav.A B ,7s,cp..'96 54k, 55
Pn.&N.Y.C.AP.UU.7s, 96 906 100 110
1
100
1
11a
91
Pcnnwylvauia, 1st m., cp.,'80. too
do
gi'U.m. t»K,cp.. lil.O,
do
sen.
Ga, >g., iotq, 106
do
con-i.m 6 rg., 1B05
liiii
..
CINCINNATI.
Oil
do
4A
K.
7s, '91,
106
7s
do
108
do
',-30s
10
do
South. BE. 7-SOs
1114*4
do 6s, gold t
do
Hamilton Co., p., 6s. long., .t 117
do
7s, llo5yrs..t 100
do
7 4 7'SO', long.t ic.7
Cln 4 Cov. Bridge st'k. pref too
Cln.Ham.4D. 1st m. 7s, 'SO mi
2d m. 7s, '<*5.
do
96
North. Penn. lstm.6s, cp,'85. 10S
100
do
2dm.73,cp.. '96. 111
do gen. m.7B,cp.,li03 104U 106
do gen.m.7f, reg., J90S 105H
Pen. omen
Cln.
Cincinnati 6s
Lehigh Valley, 6s coup.,
con. ]u.,6!j,rg..l9.>3
Little Schuylkill, l*t m.
»S|
Nori hern Pac. 7 S-l0s, C|».,1900»
4
Mar.
Certlfs. sewer, 88, '71-77
Water certificates, 8s, '77..
Del & Bound Br., 1st. 7b. 190; 95
East P»nn, let mort.78, '88
ion*
EI.& Wiusport, ut m..7s, '60
do
lstm.,58,perp
Ilarilsburg Ut mort. 6s, '8J.
H. & B. T. 1st m. 7b, g ^id, '90
ad m. 7b, gold, '95
do
do
8d m.conB. 7s, '95*
IthacaA Athens lst.gld, 7s. ,'90
J unci ion 1st mort. 6-, '82. ...
do
2d mort. 63, 19 JO ..
do
do
do
>
do 2dm., guar., J. 4 J...
do 2.1 m.. pref
do 2d m.,gr. by W.C0..I4J
do 6s. 3dm.. guar., J. 4 J
.
.
Dau. H.& WilK8..l6t.,lB t '37
Delaware mort.,6s, varlouB
ioB
do 63, gld, 19110, ,I.*J S5
Cen. Ohio 6s, letm.,' .«>.M.*s. f3ki
VV.Md. 6s.lstm.,(rr.,'90,.I.&,l 10
do 1st m., 1690, J. 4 J...
88
1
4?
104
100
102
Atl.lst m.
Phila.
Maine
11
100
luO
reg.,'89 109
do
chat. m„ 10^ '88
do
new7e, ijm).
Cayuga L. let rn.,g.. 7s. 1901 #
101
lOlki
N. W. Va. Sd ni..guar.,'a5„I&J
Plttsh.& Connellsv.",s,'98,.J&.l
Northern Central 6a. '85, ,I*J 98
do
6«.1900. A. 4() 100
District 'f Colinabiii.
.
6ei,
mi
WASHINGTON.
63, 'tis.
bs, coup., '89
do
do
•&
:i
18
.
>
Cam.
»i«
do
:-t2'-<
2d, M.& N
3a«
do
8s, 3d, .1.4 J.. ..
Union BB. 1st. guar... I. 4 J.
do
Can on endorsed,
MISCELLANEOUS.
liK Baltimore Oas certlUcates.
People's Gas
"iiiU 14
CANAL STOCKS.
Chcsflpe«ke« Delaware
Delaware Division
Lenfgh Navigation
;
MorriB
do pref
Pennsylvania ..
Schuylkill Navigation
do
pref...
Susquehanna
RAILROAD BONDS.
Allegheny Val.. 7 3-103, ISO
104
do
7b, E. ext.,1910 go
do
inc. 7b, end., '«h. 88
Bclvldere Dcla. 2d m. 63. '8 .. MM
do
31m. 63,'i7..
Camden & Amboy
m7
'^:
H2k;
113
,
25«
Obi
Phila-.eiphlaA Erie
&
42«
40
P^nnsylvaiia
do
1900, J.dS.I
do
1903, J.* J
Norfolk water, Sb
railroad stocks. Par.
Bait. A Ohio
iu>
do
Wash. Branch. MO
do
Parkersb'g Br. .50
Northern Central
50
Weatern Maryland
so
Central Ohio
60
PltlBburg & Connellsvllle..50
RAILR'AD BINDS.
Bait. * Ohio as, 1880, J.&J.
do
6s, 18S5.A.AO.
.
If*
Nesquehonfng Valley
•
Norrtstown
North Pennsylvania
I'iiil«dei»hla
2W
o
83
2
Lehigh. Valley
Little SehuyiKllI
112k,
c*empt,'9S,M.4S.
53,
Broad Top...
do pref.
B,
do
6s, exempt, 1887 ..
ijrw U3kdo
6», 1890. quarterly,
do
5s, quarterly
Baltimore 6«, iSSl, quarterly
do
68, 18S6, J.&J ...
do
6i, 189.', quarterly, iug
do 6s, park. 1890,11 —
do
6s, 1893, M..V S ..
RAILROAD STOCKS.
C?mden & Atlantic
do
M
.
it.t i/ri.!ioiti<:.
Maryland 68, d fense, J.&J.
&
do
Catawlssa
54
.
,
Pittsburg
do
do
do
H
do
in. 6b. "y:>. ..
do
'80
6s, Imp
do
6s, boat* car, 1J:3
An
7b, boat & car. 19 5
Susquehanna 6a, coup.. :9 .8
112J4*
r-ittso.
Deposits. Cir'-u'ntion. Agj. Clear
857,883,6(4 $10,4.37,423 $8 ,982,1s,',
5 ,661.517 10,444,316
29,489 8
57,440,620 10,465,728
38,081 071
5 ,061.8
10,469,806
885)84-.a
f.6, 88,197
10,414,61-,
85,619>67
58,«»,167 10,898,891
29,l(j't7a8
oiKlnued.
Ask.
Cam.
|
Boston Bank«._Totals were
June
i
.Dec
I
are the totals for a geries of
Loans.
July
July
July
July
2.989,6(10
599,800
45,000
80,000
101,600
2,700
838,800
30,E0
45.000
230,000
2,363,500
885,800
45,000
returns of previous week are as follows
Net Deposits
Dec 111718
Dec. $1,762,600
The following
July
July
July
July
July
6,743,400
3.184,700
778,800
69,235,200 249, 169,600 1S,9:4~100 57,325,200 221.064,900
15,517,900
The deviations from
Jane
9,4>>2,000
1,100
270,000
«
BECUniTIEB.
CaUwlBealBt.fa, cobv.,'"2...
Total
ir*""
377,800
312,800
74,700
131.300 1,477.800
417,000 2,318,000
t>29,M)<> 2,551.500
54,800
686,500
178,400
(04,800
13,100 1,060,200
275.OC0
179,700
257,100
rn.ioo
247,100
19,a>0
474,100
76.K10
112,500
819,000
51»,C0O
6,000
1,255,000 2,043,000
1)2,300
397,700
24,400
421,00)
127.800
418,300
72,500
349,100
97,100
689.760
67,800
707,000
12V 0> 473,000
11.600
22i,100
,800
388,500
412,600 4.646,900
439,000 3,921,900
)1,600
297.600
8,901
114,7(0
16,100
240,500
22,660
120.400
600
135,500
849,400 3,235,300
108,000 1,557,000
£08,000
52,000 1,234,600
1,2 0,000 2,378,800
6'13,500 1,432,700
28,10)
261,300
2J2,600
8,600
1,900
253.000
289,100
236,700
474,"00
300
92,500
1.425.000
5,000,000
Broadway
1,000,000
Mercantile
00.000
Pacific
422.700
Republic
1 600,000
Chatham
450,0:0
People's
412,500
North America... 1,000,001
Hanover
1,000,001
Irving
500,000
3,254,000
7,676,400
3,023,000
4,677,700
1,800,800
1.48S.600
10.814,300
8,813,803
2,108,800
1,170,000
986,900
757,100
2,427,100
875,800
3.382,100
8,8tt),80J
lit. •.-
Pennsylvania 68, coup., :!»;o.
Schuylkill Nav. iat m.6», '»;.
do
2dm.64.rJU
5b, g'd, int., reg. or cp,
5s, cur., reg
do 53, new. reg., 18S3-19J2 110 HOfc
do 6a, 10-15, reg., lVJT-'SU. 102^ ICi'-.j
do 6s,15 25, reg., 1882- '92. 111«4 111«
lot*
107
Phllttdelphld6s, old, reg
29,700
7,500
117,200
133,100
5,32rJ,ri0O
HB.SM
12,753,000
15,902,700
Commerce
811,9i:0
248,400
827,800 2,767,100
4i'0,000
451,000
687,000
949,000
38,800
416,700
142,100
908,700
619,200 2,6i5,S00
63,500
734,400
216,700
571,700
5^,000
232,000
26,100
219,000
199,«0
814,500
2,867,100
704.300
5,000,l>00
8,000,1
00
1,749,100
600,000
300,000
600,000
10,065,800
4,974,400
XXV.
SECURITIES.
Fcnna.
do
t
1
.
PHILADELPHIA.
STATE AND CITY BONDS.
tion.
$
1,652,300
1,082,7(0
2,600.600
1,061,700
408,3'.'0
8.286.500
2.936,000
5,846,rOO
3.222.100
Deposits.
$
1,533,200
381,900
770,600
4.809,41,0
& '0.000
Metropolitan
$
6,498,100
8,459,500
6,h87,800
2,(160.0;
Union
America
Spcc'e. Tenders.
10,6!)B,8r0
3,000,000
.
Merchants'
Mechanics'
Tradesmen's
Capital.
..,.
[Vol.
BOSTON, PHILADELPHIA,
New York City Banks—The following statement shows the
condition of the Associated Banks of New York City for the week
ending at the commencement of business on July 28, 1877:
-AVERAGE AMOUNT OFCirculaLoans and
Legal
Net
M
,
THE CHRONICLE
110
East
..
.
1094
'
August
). .. .
...
.
and
do
do
do
8»of
.10
K
Ch.
Central of N.
1992
1898
do
do
Lehigh
Arkif'.istis. funded
R. 4
X Memntiln
& L.R.
do
do
do
do
do
Kt. 9. lss
L.
;.-
II.4N.O
7«, X.. iC.F.
In,
U.
Mm.
4
K. R.
7fl, Ark. Cent. KK.
Connecticut 6a
1
7s,
7s,
7s,
Dew bonds.
endorsed. ..
gold bonds..
iltnotssi, coupon, 1879.
IOS
Wurloan
do
Kentucky6fl
Louisiana 6s
do
do
do
do
do
do
do
do
do
Michigan
do
do
Missouri
6s, new
,.
6s, floating debt
7s, Penitentiary
6s, levee
8s, do
...
...
88, do 187S
v.,
78.)*
Chic.
Canal Loan,
1
877
.
.
.
.
do
1878....
6e,goM, reg.. ..1637....
do coup !8B7
Is,
ffl,
do loan.
6s,
do do
1891....
6s,
do do
1892....
6s,
do do .1833....
North Carolina—
6s, old..).
&
lit
Mil
us
do
Morris
6s
7sof 1888
Non-fundable bonds
Tennessee 6s, old
do
6s, new
new
.
series
Virginia—
6s, old
6s,
bonds, 1866
6e,
do
1861.. .,
6s, consol. bonds
6s, ex matured coup. ..
Is, consol., 2d series.. .
6b, deferred bondB
District of Columbia 3.65s.
new
do
do
small..
registered
Railroad Stocks.
(Active preri'usly quot'd.)
II
R
Krlepref
106
25
87K
2*H
7»M 80
15s
.
..
4 Laf
JollctA Chicago
Ch., guar..
do
special.
4 Saratoga.
Home 4 Watertown
Rensselaer
do
4
.
do
pref.
,
St. L. 1.
Bt. L. K. C.
4 Norlh'n.prcf
Terre Haute 4 lud'polls
Toledo Peoria 4 Warsaw
I'nlu-dK. J.
Warren
It.
m
H...
T.
Belleville* So. 111. pref
4 Southern....
M
4C...
m
m
niaeePoas Storks.
Am.
189
75
District Telegraph
Canton Co., Baltimore..
Cent. N.J. Land 4 lm.Co.
American Coal
Consolidate Coal of Md
Mariposa L. 4 M. Co.
do
do
pref.
Cumberland Coal 4 Iron
Maryland Coal
Pennsylvania Coal
Spring Mountain Coal!!.'!
»5«
9654
95
m., 1877..
large bds.
t
4 Mo.
11*
!0«54
101
do
do
do
fie
ioa
2dm.
Canada Southern, Istm
with
E,
let.
Jersey Southern
do
1st
m.
consol.
.Y.Central 6e,18S3
Bnr.c.K4Nortb:,!8t5s..
Chssa 4 Ohio is. 1st m..
do
...
ex coup
Chicago 4 Alton 1st mort.
do
Income.
T ..
11854
11*54
7s,
EvansvillcHen.
4
4 Sag.
Ind. 1st 7s, I.g., gu
ist7s,!.g.,notga.
120
Fort W., Jackson
12(1
Grand
consolidated
2d do
....
1st Spring, dlv..
83
'
II
It.
4
do
do
1
80-4
is...!
48
46
..
.
do
do
Nashville
do
i
4 Chicago, 1st m.
La. 4 Mo., 1st m., guar
90
bt.L.Jack.4 Culc.,l«t m. IOS*....
4 S. Ill.R. 1st m. 8s
Tol. Peoria 4 Warsaw, E. D.
Belleville
.
Tol.
78
W. D..
do
do Bur. Dlv.
do 2d mort..
do consol. 7s
do
do
do
do
4 Wabash, Istm.
do
N.J. Midland
do
"754
50
80
new
T75<
Orleans prim.
do
do
1
old
35
47
5s
consol. 6s..
railroad, 6a..
.
..
..
I>0
rtu
22
t8d
40
40
59
78
80
154
68
Richmond 6s
Savennah 7s, old.
.
do
7s, new.
WUm'ton, N.C., 6s', gold (coup
do
8s, gold} on.
1
RAILROADS.
Ala. 4 Chatt. Istm. 8s, end...
Ala. 4 Chatt. Bec'ver'e Cert's
Atlantic 4 Gulf , consol
do
end.Savan'h
do
stock
r.
do guar..
„ do
Carolina Central 1st m. 6s, g..
Central Georgia consol. m. *s
do
stock
Charlotte Col. 4 A. 1st M. 7s.,
do
do
stock ...
.
Cheraw 4 Darlington 8s
100
East Tenn. 4 Georgia 6s
5Ji
East Tenn. 4 Va. 6e end. Tenn
E. Tenn. Va. 4 Ga. 1st m. 7s.
9J
do
do
stock
1
.
do
1
7s
ii'il
stock
4
8J
Col. 7b, Ist mort.!
do
7s. guar.
Macon 4 Augusta bouds..
do
2d endorsed.
do
stock..'.
..
Memphis 4 Charleston Ist 7s .
do
2d 7s...
do
stock..'
9N
Memphis 4
83
50
Little
Rock
Mississippi Central 1st
do
'83
1st in
m 7s
91
Price nominal.
88
t
*nd accrued
interest.
'iw
8354
65
3
25
HI
.
m.5«
2d
Montgomery 4 West
7(1
.
P. 1st 8s.
Mont. 4 Eufaula 1st Ss. g.. enU
Mobile 4 Ohio sterling 8s.
do
do ex cert. 6s
«3
.
90
70
65
66
30
do
do
5. Orleans
38
29
interest
24 mort. 8b....
8b,
4
Jackt.. 1st 111.8s.
do
98
84
;su
4 St. L. 7s
9154
Norfolk 4 Petersbnrg 1st in ,3s 85
14
do
45
do 7b 80
18
do
2din.fe
,.
„
Northeastern, S. C, 1st m. 8«.. i"b
61
si
do
2d m. 88.. 88
Orange 4 Alexandria, lsts, 6s.
35
do
id*,!*..
67
2d
111.
8a.
Nashville Chat.
10
100
92
825s
75
m
Til
do
do
55
sd*,6a.-.
8*
4tus,8s..
Rlctam'd
Petersb'g 1st m. 7b.
'.CI
Rich. Fre'ksb'g
Poto. 6s
'si!
do
do mort. 7s 93k
Rich.
Danv. 1st consol. 6s..
74
Southwest RR., Ga, ,couv 7s,'ff IK.
2*
4
•00
93
85
71
80
4
4
1st n.6»
7s, 1902.
do
.
7s, ntnmort.,
do
slock
do
Savannah 4 Chsr. 1st M. 7s
6.
"15
Carolina KB.
.
20
.83*
Cbarlefton
2a 7b
•
40
i
91
48
1C8
75
90
42
.
t-2
1st 7s,gold....
;o-
55
wharf Imp 'ts, 7-30
a.°„ .
.T
Norfolk 6b
Petersburg
4
Savan'h
6b,
88
83
.
end
West Alabama 2d m.Ss, guar..
Istm. 8>... ...
do
PAST DrTE CODTONS.
B
m
Tennessee State coupons
South Carolina comol
Virginia coupons
consoi. coup
do
4S
75
m
Memnhls City Coupo&s
extend..
ex coupon
New
6s,
6s,
Greenville
Mimtclalr4G. L.lst 7e.
do 2dm. 7s
Mo. K.« Tex. 1st 7b, g., 1904- '06
do
2d m. Income.
V. Haven Middlefn 4 W. 7s,
2d mort., pref..
2d mort. lnc'me
'35
do 8s (coups, on)
do
6a, funded
.Montgomery 8b
'88
SO
39
70
85
82
32
32
75
,
MoblleSs (coups, on)
Georgia RR.
7o
t80
83
78
74
I
60
40
108
49
04
79
40
1
.
80
97
93
87
68
8a
I
1
1st ex l.g. .8.
Grand River Valley 81., 1st m.. It....
Hous. 4 Texas C. 1st 7s. gold.. 80
do
consol. bds.. 57
.
Hi
35
8s, '89'
Pacluc RailroadsIndlanap. 4 Vinocn. 1st 78, gr
Central Pacific gold bonds. toev 10754 Iowa Falls 4 Sioux C. 1st 7s...
do San Joaqnln branch 87$, 89
Indlanapolis& St, Louis 1st ;s
Cal.
Houston
do
4 Oregon 1st
4 Gt. North. 1st 7b, g.
do State Aid bonds
International iTexaai Istg ..
Int. H. 4 G. N. conv. 8s
do Land Grant bonds..
98
Western Pacific bonds. ... 10O«
Jackson Lans. 4 Sag. 8a, 1st m
Union Pacific, 1st mort. b'ds
OSS Kansas Pan. ls,g-.,exl. M4N,*99
103
do
Land grants.
do 7s, g.,rdgr.,.I4J/8U
Sinking tund... 9754 •97*
do .- g., do M4S.'86
db
»9
Pacific R. of Mo., 1st mort..
10U
do 6s,gold,J.4D., 1836
III
do
2d mort
do "
do V.4 A., 1895.
9054
do
Income. 7s.
Io 78, Leaven, br., '96.
do
Io Incomes, No. n
Ut Caron't B
Penn.RR—
do
No. 16
4«
Pitts. Ft. W. 4 Chic, Istm.
Stock
Kalamazoo 4 South H.8s, gr.t
do
do
2d m.
Ksl.
Alleghan.
do
do
4 G. R. 8s, gr.
3dm.
Kansas City 4 Cameron iO«.*t
Cleve. 4 P4tts., consol., s.f.
uu
Keokuk 4 lies Moines 1st 7s.
4th inort
Col. Chic. 4 Ind. CM 1st mort
do
funded Int. 3s
27H
do
do
do
pref.stock...
2d mort
Rome Watert'n 4 Og.,con. 1st
Luke Sup. 4 M16B. 1st Is, gold.
SO
St. L. 4 Iron Mountain, 1st m.
9554 Leav Law. 4 Gal. 1st ill 10s.
Logans.
do
Craw. 4 S. W. 8s, gld.
do
2d in..
Michigan Air Line 8s.. ...... *-•
Bt. L. Alton 4 T. H.Alton 4 T. H., 1st mort .. .
Montlcello 4 P. Jervls 7b, gld.
.4.1
1
Lll
101
110
100
1.«J.
J.4J. 10354 104)4
bonds A 4 B....,
end., M. 4 C. RK
do
do
90
75
4754
Evansvllle, T. H. 4 Chic. 7s. g. "50
Flint 4 Pere M. 8*, Land grant *7s
Harlem, 1st mort. 7s, coup.
do
do
7s. reg
North Missouri, Ist mort
Ohio 4 Miss., conBol. sink, fd.
7s,gold, 1901
Macon bonds, 7b
Memphis bonds C
25
11
equip...!
Nashv.
7254
Columbus, Ga., 7s, bonds..
Lynchburg6s
6I154
1
do
43
41
Charleston stock 6s
Charleston, 8. C, 7s, F. L. bds'
Columbia, B.C., 6e
n
EvansvIIle4 Crawfordsv., 7s .'100
Erie 4 Pittsburgh 1st 7s
100
do
con. m., 78..' 80
1055^
105
do
6b, 1887
! 4
do
6e, real estate...
104
do
6e, subscription
do 4 Hudson, 1st m., coup 1175.
do
do
1st m., reg..
Hudson R. 78, 2d m., s.f., 1880 iii
54
6B,g
gold...'. ....
CITIES.
11)4
Denver Pacific 78, gold
50
Denver 4 Rio Grande 7a, gold. 25
7
85
73
88
waterworks
Augusta, Ga., 7s, bonds
g.
Int. certlfs
7s,
10s, 1881
10s, pension, 1894..
do
do
.
7s
sh
60
67
Atlanta. Ga., 7s
.
6s,
101
Georgia 6s, 1878-'S6
too
ft* 101
72
10554 South Carolina new consol. 6s.
70
Texas's, 1892
98
LOO
M.4S 96
do 7s, gold, 1901-1910. J.4J. LOOM iscx
115
:0s
6th S., do 8s... t
do
OS
STATES.
rt;
5thS.,do8s...+ 108
.
88
guar
2d,
(Broken' Quotations.)
1J954
102
1903
N. (Mil.)g. 7s....
Cairo 4 Fulton, 1st 7s, gold...
California Pac. KR., 7s, gold ..
do
T. H. 1st.
Alabama new consols, Class A
do
do
Class B
88
93
93
.
R.4
.
Southern Securities.
m. 7s. .t 108
3d S., do 8s...
UK)
4th S., do 8s... t 100
do
litir.C.
ioa
1035*
mi
ni
11054 :ii
t
t
Rlv., land
do
do
do
11354
HKOjlOS
no
110
RAILROADS.
4 P. Peak, 6s, gold..
4 Nebraska, 3 p. c.
Bur.
4
do
Walklll Valley 1st
Atchison
Atchison
835»
8s...
7s, gold
S3
Wisconsin Cent, 1st, 7s
85
Mercant. Trust real est. mort.7s tlOO
ill
t 10554 lie
1885-98
Toledo 8s. 187;-'89
Toledo 1.30s. ..
Yonkers Water, due
1.0
915S
4
West Wisconsin
11a
104
f 103
f 98
t 113
do
Water 7s, long... 115
Oswego 7s
t 103
Poughkeepsle Water
t 109
llochcsterC. Water bds., 1303+ I0«
02
«.->
7s, 1st
C. BI. 1st mort. 10s.
LoulB Vandalla
St.
no
f
Hartford 6s, various
Indianapolis 7.30s
Long Island City
Newark City78 long
«
73
98
14
gold...
Union 4 Logansport ?b
Union Pacific, So. branch,
Detroit Water Works 7b
Elizabeth City, 1880-95
Kill
.1
ffnw
Ut coup..
do
7s, sewerage
f 109
7b, water
t 10H5J
7a, river Improvem't t 109
Cleveland 7«, long
+ 1071^
.
:i(V
So'eastern 1st 7s,
4 I. Mt. (Ark. Br.) 78, g.
South. Cent, of N. Y. 7s, guar
do
do
do
do
7s,
IS
9»
20
i.:,
do
do
8 p. c
Sandusky Mans. & Newark 7b.
St. L.
St. L.
Albany, N. Y., 6s, long
Buffalo Water, long
Chicago 6s, long dates
|
4 Oswego
4
St. Jo.
CITIES.
KS
12
fl)
10
Bondout
88
23
80
78
90
Sioux City 4 Pacific 6s.
Southern Minn. 1st mort.
(Brokers' Quotations,)
.
Railroad Bonds.
{Block Excitative /Vices
4 Erie, 1st m..
do
guar. ..
_
Boston H.
.toilet
4
do
do
do
do
W. 4
Louis Alton
Saratrga.
m
N. Y. Air Line, 1st
25**
St. L. 1st 7s, gld
4
I.
bt.
Aw.
7M
conv.
7b,
Peorla& Rock I.7s,gold
Port Huron 4 L. M. 18, g. end.
Pullman Palace Car Co. stock.
do
bds., 8s, 4th series
„
Rockf. K.
.THsrcllancons List.
JOB),
103
103
87*;
.
Island
Missouri Kansas 4 Texas.
New Jersey Southern
N. T. New Haven 4 Hart
Ohio 4 Mlsslss'ppl.pref
Bt.
4
1st f-ons.
(i-'v 108
reg.... IO2541. ..
Central Pacific, 7s, gold, conv.
do
do
Central of Iowa l6tm. 7s, gold. 25
10«
30
,
do
do
new bds, 1916 I0o>i 100
Kcoknk 4 St. Paul 88 ... \ t- -f 88 10054
US
Han. 4 St. Jo., 8b, conv. mort. yi
915t Carthage 4 Bur. 8b
Kill
Illinois Central—
Dixon Peoria 4 Han. 8s.
10254
+ 101
Dubuque 4 SIOUX City, 1st m.
38
O. O. 4 Fox R. Valley 8s
„.+ 10954 1:05*
do
do
Oulncy 4 Warsaw 8s .. '*?»r'i09 110
98
24 div.
79
" lOffl, 110
Cedar V. 4 Minn., 1st mort.. 77
Illinois Grand Trunk..
90
Indlanap. BI. 4 W., 1st mort...
Chic. Dub. 4 Minn. 8b ..
38
25
do
Peoria 4 Hannibal R. ..
do
2d mort...
49
10054 io"I54
Lake Shore—
Chicago 4 Iowa R. SsSs.
45
60
Mich.
So.
7
38
American Central 8s
p. c. 2d mort
,^ t ldiji 102
Mich S. 4 N. Ind., S.F., 7 p.c.
Chic. 4 S'thwestern 78, guar
85
'M
Cleve. & Tol. sinking fund.
434,
Chesapeake & o. 2d in., gold ",s
8
10014
do
new bonds
Chicago Clinton 4 Dub. 8s
38
Cleve. P'vllle 4 Ash., old bds 10454
Chic 4 Can. South :stm. g. 7b. 10
do
Ch. D. 4 V., I. dlv., Istm. g.7s.
do
new bds.
Buffalo 4 Erie, new bonds..
Chic Danv. 4 Vlncen's 7b, gld 45
Buffalo 4 State Line 78
Col. 4 Hock V. 1st 7s, 30 years. 101
Kalamazoo & W. Pigeon, 1st
do
1st 7s, 10 years. 100
Det. Mon. 4 ToL.lst 7s, 1906.
78
do
2d 7s, 20 years.. 90
10754
Lake Shore Dlv. bonds
Connecticut Valley 7s
63?*
50
40
do
Cons. coup., let. lOJS
Connecticut Western I8t7s.... 27
r>
do
Chic 4 Mich. L. Sh. Ist 8s, '89. 't55
Cons, reg., 1st.. 10044
Dan. Urb. B1.4 P. Istm. 7s, g. 15
77
do
Cons, coup., 2d..
Dcs Moines 4 Ft. Dodge 1st is.
do
Cons, reg., 2d
Det. Hillsdale 4 In. RR. 8s ....
76-H Marietta 4 CIn. 1st inort
Detrolt4 Bay City 8s,end...«t 65
Mich. Cent., consol. 7s, 1902... 1025s
70
Det. Lans. 4 Lake M. 1st m. as ....
do
1st m. 8b. SS2, s.f. 112
do
Dutchess 4 Columbia 7a
equipment bonds.
12
8
88
Cleve. Col. CIn. 41
Cleve. 4 Pittsburg, gnar.
Col. Chic. 4 1 Cent
Dubuque 4 Sioux City.
do
*i
Buff. N. Y.
New
Chicago 4 Alton
do
pref..
Pltte. Ft.
ioY
U4}».
do
1st re<lsrd.
extended
do
do
endorsed
do 2dinort.,78, 1879
do 3d do 78, 1883.
do 4th do 7e, 18*.
do 5th do 7s, 1888.
do 7s, cone., mort., g'd bds..
do Long Dock bonds
17
Central Pacific
Long
m
Tel., 1900, coup
do
I
Albany 4 Susquehanna.
Indlanap. Cln.
Ist.
90
.
Funding act, ISM
Land C., 1SS9, J.4 J...
Land a, 188K, A. 4 O..
6s,
Essex,
M
W.
2d
may
[Bid.
do receiv's cifB.(labor)
*0
do
(other;
. t
North. Pac. 1st m. gld. 78-10...
Omaha 4 Southwestern UR.ds
OBwego 4 Rome 7b, guar ....
Peoria Pckln 4 J. 1st mort ...
m
10154
conv
do
1888.
««
?S
Jan. A July
April A Oct
do
4
4
Boston
Erie, 1st mort.,
IT
2*1
Ohio 6s, 1881
do 66,1886
Khode Island
Recs.
8
South Carolina—
n
.
7s,
New Jersey 4 N. V. 7s, gold...
N. Y. AOaw.Mld. 1st.."
CIn. Lafayette * Chic, Istm..
!01
ioi'x Long Island BR, 1st mort. ...
SS5* 90
South Pacific llallroad, 1st m.
sow 8754 St. L. 4 San F., 2d in., class A.
865,
do
do
class B.
90
do
do
class C.
una 87* South Side, L. I., 1st m. bonds.
90
do
sink. fund...
lBt mort :07(<
St. Peters, 1st m... 75
do
to
ex coupon
do
Milwaukee,
4
m..
2d mort..
Western Union
lis
do
2d mort
do
bonds, 1900....
do
construction.
do
7s, of 1871 ...
1st con. guar.
do
Del. A Hudson Canal, lstm-.Ti
do
do
1881
do
ao
189s
do
do coup. 7b, 1891
do
reg. 7, 1894
do
Aloanv & Susq. letbondB...
do
do
do
do
8d
J....
Special tax, Class 1
Class 2
do
do
Class 3.
110
ii'l'
1st
m
,
do
.. ..A.40...
do coup, off, J. ft J.,
do do off, A. 4 O.
Funding act, 1S66
do
1868
New bonds, J. & J
do
A. 40
114
YOItlv.
sxouaiTiis.
Toledo, letm.. '90,
Illlnofn 4 Bo. Iowa, 1st mort
do
ex coupon. ...
Han. 4 Cent. Missouri, iBtm
Pekln Llnc'In4 Dcc't'r.lst m
70
2d mort.
C. C. C. 4 Ind's 1st m. 7b, 8. F. 10854 110
do
consol.
bonds
Del. Lack. & Western, 2d m...
do
J.*
57
ut
2S
42
1st
&
Qulncy
40
S05a
(1
17
.1
A.4
N.C.RR
do
do
83
111
Bid.
istm.St.L. dlv.
2il inort
aonlp't bonds.
con. convert..
do
do
do
UlOi.
do
1S78
Funding, due 1634-5.
1(W! 4
Long bonds, due *:J2-'30, 1(W 10W,
Asylum or Un.,due 189J. 1(C.'. 4
Ban. 4 St. Jos., due 1886. 105
do
do 1887. 108
New York State.
4
Winona
10,1
..
4 Wabash,
rio
mort. 88...
Galena 4 Chicago Extended.
Peninsula 1st mort., conv...
104
lOd
,.
.
.
Prices represent the per cent value, wftatever the par
Great Western,
4
Iowa Midland,
do
as,
6s,
Tol.
L12
lstconsol.
do
do
con. conv
Wilkes B.con.guar
Am. Dock 4 Improve, bonds
Ch. Mil. 4 St. P. ist m. 8s, P.D
do
2d in. 7 3-10, do
do
do
lst7s,gd it. I)
Jo
do
let 7b £
do
Jo
Io
do
1st m., La C. D.
(it.
do
latm.,I.4M.D
tin
do
1st in., I. 4D..
in in., H. 4 D.
do
101% Io
do
letm., C. 4 M.
to
do
do
1st ra., consol..
a..
do
2d m.
Chic. 4 N. Western sink, fund
do
do
Int. bonds,
do
do
consol. bds
do
do
ext'n bds..
do
do
1st mort...
do
do
cp.gld.bds.
do
do
reg. do
8s, of 1910
40
78
7s, consolidated
7s, small
6s, 187S-79
1(11
6s, lbS3
7s, 18*)
6s, due 1S77..
117
103
P. F. Inc. 68, '95
6s, 1917, coupon.
«>, 1917, regist'd
J., 1st m., new...
,
<«.».,
tleorgla St
do
do
do
115
'
M.4E.RR..
*
m.
«. S p. c, 1st
do consol. m. 7s
1095,
5sslnk'gf'd.A.40 80
Chic, Bk. Isl. 4 Pac, Istm. 7b 106*
8b,1S8S
Ala.
.
.
SECURITIES.
do
do
8s.i«8ti.
Sot
4
Chic. Bar.
5s,lSS«
8»,
SB,
a previous page.
tXCBKITIM.
Bid.
1883
ill,
t.t
.
.
active Railroad Stocks are Quoted on.
Bond*.
State
do
do
do
do
do
do
.
CHR0N1CI.E.
QUOTATIONS OF STOCKS ASD HONDS IN NEW
BICVKITIKS.
AJaiiiula
.. .
.
THE
1877. J
4,
U. S. Bond*
.
.
J
]
H
•
Price nominal
|
X765335144
.
.
1
THE CHRONICLE
112
NEW YORK LOCAL
K
>
.
[Vol.
XXV.
SECURITIES.
Insurance Stock
Rank Stock Mat.
<
Quotations hv K.
S.
List.
Bails Y. broker. 65 Wall
street.
Dividends.
Harked
COMPANIES.
t'nus (•)
Amount
are not National
America'
American Kxeli
Bowery
8,000,00
221,800
150.M0
V.'kl:
,23S,'<0
SOO.OO0
a.oMi.nK
Chatham
450,001'
Chemical
SOO.IXX
6O0.0U0
Citizens'
•City
Commerce
Dry Goods'
East River
Kleventh Ward*..
l.'ii»i,i»«
Fifth
Fifth Avenne*
First
Fourth
Fnlton
19,60--
J. ft
J. ft J.
150.IXX
lMl.lft
500.001
63,000
W— J.
May.
13,000
M.ftN.
000.1XX
1
51X1,'
400.0IX
1.000.00C
2 oonjuio
500.0M'
Murray
200.0M
1.000.MX
800,000
1,5MI,M\.
jnoo.oft
400.000
800,001
I'rlental*
Paclac*
Park
Phenlx
Produce*
Republic
8t. Nicholas
Seventh Ward
Second
Shoe and Leather.
Brxth
173.41H
J. ft J.
422.7M
227 ,100
Q-F.
Tenth
rhw
1,000,000
150.200
51000 ,!.& J.
78.500 .1.4 J.
1,000,001
2-6 400 J. ft J.
39,000 J. ft J.
183.100 M.&.N.
is.eoo J.
J.
July
July
July
4
4
200.001'
103
15
8*
2. '77
Kings Co. (B'klyn)
Knickerbocker
1
. .
'77. 8
1.
Angl.
178.600 J. 4,1.
145,100 J.
J.
741,100 M.4N.
85.400 T. ft .1.
J.MXI.OO
I.5MI.MX
!, *77
58
Lafayette (B'klyn)
%
Lorlllard
Manuf & Builders'
Manhattan
Mech.ftTrad'ra'....
Mechanics'(Bklyn)
Mercantile
Merchants'
Montauk (B'klyn)
Nassau (B'klyn)..
National
N. Y. Equitable
New York Fire
N. Y. & BoBton
'CIS
2, -77...
2. '77..,
July.lS'74.3K
New York
Aug.6,77...3
Feb. .77.
Jan. 2. 77. ..3
July 2. '77...:
July2, 77...
Jau. l,77...i
Nlacara
North PJver,
Mayl0.77 3*
Peter Cooper.
People's
Phenlx (B'klyn)
Jau.2 "74.2XK
Produce Exchange
July
July
2.17.. 8
2. 17...
Relief
May
1,77..
.4
Resolute
Jau
2.
17.
.4
Pari Amount. Period
Dote.
!
Jersey City 4 Hoboken....
Manhattan
Metropolitan
..'..',..
do
certitlcates
do
boars
Mutual.N. T
do
bonds
Nassau. Brooklyn
do
scrip
New York
2,000,000
20] 1.200,000
100J
8JO.OC0
50 1,850,000
20
50
10'
v;ir
Ridgewood
Rutgers'
Sateguard...
Bid.
St. Nicholas
Standard
Askd
no
do
do
do
Quar.
1.4 J.
25
do
7M1.0CO
1,000,000
18
1,0110,000
I0M
tabfloo
st.it
•v
»..'..!
rai
no
l.y
H
.
JSuUvnttrri/—mk.
.
.
Broadway A Seventh Ave— stk..
mortgage
let
v;ir
L.
mortgage
Broadway (Brooklyn)—stock...
Brooklyn ** ffunter'n Pt— stock.
1st mortgage bono*.
Btuhwtck Av. (ffklyn)— slock.
x^nlralPk, H. <* h. Mrer-tlK.
-Consolldnted mortgage bon >s
Vry Dock, K. B. <t Battery— itk.
1st mortgage, consM
Eighth Avenue— stock
1st
lat
terry— stock
mortgage
Csatrrt! Cr<w* 'lown- stork.
mortgage
1st
...
mnukm.Wett et.itPav.F'y- tin
t»t
mortgage
vecond Acen tie— stock
iatmortzage
..
Conver.liilo
Extension
Btxlh Anenue- stock
lit mortgage
Tnird Avrnae—stock
lat mortgage
!Wl(»-IA(ra rtirert—slocg...
IS?
11
rtK^HPn.
* This eclamn
shows
.
0110,000
l.MX-,000
1
900,000
694,000
May
May
M.
J.
;hi,(i»i
J.4D.
Q-F.
M.&N.
WHO
200,000
49),000
300,000
J.&J.
lou
MXl.MW
:oo
100
1000
100
SCO Ac
100
1W0
100
1000
100
1000
100
100
1000
1000
1000
500 &c
109
10U0
100
1000
100
10
ail dividend
J.4J
J.41J.
Q-F.
1.4
fOO.MXi
200,OMl
2-0,(00
500,000
1,199,500
20,000
Aol
Oct
17.
,
A.ftO.
MiftN.
May.
'77
April. "93
my,
Nov.,11.01
50
91
Jan
,
K
.Tulv.1894
April, IT
Dec. IT
180,000
770,000
A. 40.
M.4N.
May,
jii'.imi
A. 4<).
Uet.,
';3
'38
'83
7fVI,MK
M.4N.
May.
'77
4
J.
J0OOJW 1.4
J.
iinjMO J.
2,000,MX)
Q-F.
BM'.roo
I
250.1X.I
H.&N
ft J.
73
"93
"77
"81
*77
r>cc.,lV02
.
160
Jan.,
Jan.,
April,
so
72
100
95
95
July,1890
Mav,
1841-63.
do
1854-57.
Croton waterstock. .1845-51.
do
do
..1852-60.
Croton Aqucd'ctstock.1865.
pipes and mains.
do
io
repervoir bonds
Central Paik bonds. .1853-57.
do
no
..1853-65.
Dock bonds
1870.
do
11:75.
Floating debt stock
1860.
Market stock
1865-68.
Impr >venient stock
1869
do
0.0
....1869.
Consolidated bonds
var.
Street imp. stock!
var.
do
do
var.
New Consolidated
Westchester County
Mqran, Broker.
Feb.,
Wall Street.]
40
'77
July.UW
Feb "77
M»v. "93
,
on stocks but the dat > of maturity of bonds.
lljuutaiions ny N.
Bui.
May Aug. & Nov.
do
do
do
do
May & November.
Feb., May Aug.ft Nov.
do
do
do
do
Aug.& Nov
May ft November,
1«,
do
do
do
do
do
r.
do
January ft July.
do
do
bkkkb. Jr.. BroKer. i*
107
10117-11
Feb., May,
do
do
105
106
118
18S4-19O0
May & November.
do
do
112
100*
1888 80
1884-1911
1877-96
1877-95
1901
1905
1878
1891-97
1889
1879-90
1901
1888
1879-82
1896
161)1
Askd
lOT*
18T7-S0
1877-79
1890
do
do
do
do
.
h5
90
60
10
90
82 X
100
155
100
115
J. 4.1.
J.4 D
N
76
1833
Juoc,
J.
4
WMOO
'o0
Feb.. 77
J.4D
S.H
115
May, 17
'-'>,
203,000 J.
J.
748,000 M.ftN.
4)
95
75
Jan, 17
Q-.l.
1.200.MI0
Neir York:
Water stock
June,193!
Nov.,
A.
Bondsdue.
*
A.ftO.
l,2M).(IO0
900.1XX1
.'77.
Danihl
Months Payable.
July, 1910
J.
1,800,000
1,000,000
I
City Securities.
IQnotatlons by
Broadway.*
J.&J.
4
76
'77
V< May*0.'77
145
1,500.000
2,11111,01X1
l'ii
Jan!,'
.
;
132%
1,11.
Jan.,
* Over all liabilities, including reinsurance, capital and tcrlp.
tTh J
retresented by scrip is delude 1. and the figures stand as actual net surplus.
Standard, 11 55.
t Continental, U'45
1 8
1.77
lu y, 17
Jan., "7.
4N
98
9S
160
100
1(0
91
10S
75
95
Feb.
Quar.
J. 4 J
2,100,1X10
:o
1000
100
500
.
3d mortgage
Ciir.s.
.
Var
M.&N
J.& J.
F.&A
J/& J
tMjng F.& A
l.WJO.OOO
77
77
Apr., 17.
Aug., 'c2.
Jan.. 77.
M.&N.
Grant, Broker.
IOU
1000
100
1000
.Prootlyn City— stock
1st inortgaKe
•2d Si. ct (frand St
.iO.i.CIIJ
II
[Quotations
1st mortgagi
1,000.000
no
.
scrip
BUtcker
1.000,01X1
v.,r
.
Metropolitan. Brooklyn
M.4S
1.4.1.
71.
1,
July,
Feb., '77.
Feb.. 77.
\I.4S
800,000
3.0MVOO
I0O
certificate*..
J. ft
Kb.,
July
J.
J.
*
1
bond*
1,000,000
00,000
1.M10.000
ft
Star
Sterling
Stuyvesant
Tradesmen's
United States
Westchester
WllllamsbnrgClty,
77 IS
17 78
2,
Jan..
April, 17.
A.ftO.
F.ftA.
886X00 J.
1.
July
1000
.:;.
People's (Brooklyn)
Central of New York
Williamsburg
Var.
Var.
.
Republic
*
»
..
:. ...
Park
[Gas Quotations by George H. Prentiss, Broker, 80 Broad Street.]
Brooklyn Gas Light Co
Cttlzens'GasCo (Bklyn)
do
ecrtlllcates
_
Harlem
..
City...
Paclttc
Gas and City Hall road Stocks and Bonds.
Gas Companies.
.',
Longlsland(Bkly.)
17...3
2,'77...3
Lamar..
Lenox
Jan. 2, '77.. 3
July 5, '77. .3
July 1,14.3*
July 2. 17..
F.ftA.
WD
foo.oai
l.OOO.OM'
:;;:;
Tradesmen's
Onion
West Side*
Jefl'erson
1.77.2H
July 2, '77.3S
Jan. 1/77. ..1
15,100
200.000
Howard
Importers'* Trad..
Irving
77.8X
I,
Jao.8,'76.3><
July2,'77...5
Oct. ;,\5. .1
May 10,77.. s
4
mfm
Hope
3, '76...:.
.Inly 2,'77...3
J. ft J.
I68.c00 J. ft J.
198,100 J.
J.
279 S00 F.'ftA.
State of N.Y
July
471.1
1.500,001'
BOO
Hofl'man
Home
Aug. 1,17..
300.IXX
250.000
'
77...1
2,
May
May
May
78EOO
1,080.001
Guaranty
Guardian
Hamilton
2, '77...
Jnly2,'77...l
118,500 J.&'j!
83,900 J. ft J.
36,700 I. ft J.
2,000,ono
4:2,500
Peoples*
Jan.
July
A
500.MX
N. Y.Nat. Exch...
Ninth
North America*..
North River*
Gebhard
Germain American
Oermanka
Globe
Greenwich
Julyl,'75..8,s
J.&
1.000.0M.
3.MX1.0M'
3.00O.000
Krirragut
Firemen's
firemen's Fund....
Firemen's Trust...
Franklin
Hanover
J.&
9,01X1,000
New Vork
New rork County
fcxeange
77...:.
uly 2. '77...H
Aug.l0,77..1
4IH.TIO J. ft J.
OTl.'OO J. ft.7.
8 1, COO M.&N.
8i3 :00 M.&N.
231,700 M.&N.
918408 J. ft J.
238,7*
J.
35.700 J.
J.
991,00 J. ft J.
7,10 A.& O.
51,200 M.&N.
759.100 J. ft J.
97.100 J.& J.
600.MX
Hill"
July
July
43H.100 j'.'&'.i!
l.MW.OCH
Hassan*
1,
July2,'77.3>(
Met,. 1, '75..
,191,400 F. ft
ll.MJC J. ft J.
68,000
J.
1™V«
Mercantile
Herchants
Merchants' Ex
Metropolis*
Metropolitan
2, '77...
May
JaniV/'Vl'.'.'s
A
.Marine
July
May 11, "77..
May 2, 77...
May 1,'77..1
May.
12/00 NI.&S.
600.IXX'
2 050.UX
Kagle
Rrnplre city
KinpoTiniN
Apr.l0,'77.3>.
Feb. 1,74...:,
,643.700
""" J. ft J.
115.
J. ft J.
18 800
soo.oot
10O.O.C
Manhattan*
Manuf. ft Merch*..
Continental......
XpV.T.'W.'.'.s
10.300 j'.'&J.
170,100 I. ft J.
100.1M
Island City*
^Leather Manuf
Columbia
t'ommerce Fire..
Commercial
.',200
300.0M
1
Broadway
Citizens*
City
'77...
Juiy:i, "76 ..3
Apr.2.'77.2,u
M.&N.
A.&O.
F.&A.
4S/00
& Traders'
1,
Clinton
521.700 'q'-J.'
520,600 J. ft J.
U'O.OOli
May
:
4>0. 00
500,001
BrewerB'&M'lst'rs
Brooklyn
Jan. 1. 18...
J.
J.
200,001
Central"....
Market
Mechanics
Mech.BkgAsso...
Mechanics ft Trad.
8
2. '77.. .3
Aug. 1.17...
July 10,76..'.
July 2, "77...
4
Bowery
77.11
I,
July
F.&A.
200.0M'
Ul
Arctic
Atlantic
'75. .5
T7...
2, 17...
2,
July 16,'n..8
MM
79.00
Amity
Sept.i
J.
J.
J.
31. 1M J.
...
JiJy'i.' 77.'j
May
Q-F
iEtna.
American.
American Exch'e.
6
'77..
July
July 2, "7"..."
J. ft J.
200.MX
Grocers*
Import.
Irving
*
Adriatic.
1.17.. 3 USJtllOS
.'.
July
ft.7.
1000,001
'
"200,00
Be.-mama*
Greenwich*
Hanover
Harlem*
j!
J.
J.
698,900
S6.800
37.P0C
t
Ger. American*..
Ger. Exchange*...
Grand
Oti
65i.4<.'C
3 750.IXX
•"li.M.m
Gallatin
I.
ft
;-:i."H'
..7J.20I J. ft
9. T"l J. ft
13S.8T J. ft
ll"0,0M'
1,250,000
i/oo ikx
.1.
211. TO:
I.
12.'
1-6,1
5,000.000
Commercial*
May
July
J.
LVftLM Bl-m'ly
1.0OI1.IXX
Continental
Corn Exchange*..
00
421.700
1
Last Paid
July 2,17.
.v.l
J.&
j"&
M.ftS,
aoo-wo
Central
1876.
1875.
,50i6;o M.ftN.
250 MX'
i.om.m
Broadway
Mead*
Batchers &Drov..
Bull's
I.
.8:9,-00
:
5.000,M>i
& GroV*
Brewers'
Period
cfl eg
no
101)
118
106
101
118
101
105
110
102 H
101 s.
1(9
106
«mt
«I7
119
107
102
119
105
117
112
105
108
111
107
-v»il st.i
Brooklyn— Local liupr'eui'i—
City bouds
do
Park bonds
January
do
do
do
do
,
Water loan bonds
Brtdf'ebondB
"water loan.
City Donus
Kings Co. bonds
no
do
May &
do
do
Park bonis
4
do
do
do
do
do
do
November,
do
•in
January
do
Hrldg•Alt Brwonlyn bonds Oat
IQnotatlons by c. Zabi-.i-kik
47
July,
.1
July,
do
102
104
K8
no
119X
120M
1881)
11N
1 7
107
19114
iw-ipio
1
Montgomery
1878-80
1881-08
1915-21
1903
1915
1902-1905
1831-95
1890-33
St..
Hi
120
117
106 K
r.9x
109H
Ull
US
no
112
109
111
HO
Jetaey City.]
jersey Vily
Walci loan, long
do
1869-71
Sewerage bonds
1866-69.
Assessment bonds. .1870-71.
Improvement bouds
Beriten bonds
1868-69.
.
January ft July.
January ft Juiy.
do
do
May, .Tulv & Nov
J. 4 J. and J &D.
January anil Jnlv.
Jan.,
1895
18911-1902
1877-79
1391
IMS
19M-1
101M
102s
110
101
1:1
102
109
110
110
105
HI
106
AtJOOTT
4,
The present condition of the track, engine* nnd cars Is greatly
improved since the company took possession of this road. The
cost of narrowing by the contracts already made and by cfirefnl
The com piny now
will not probably exceed $15,000.
has available* means tor this purpose of more than $5,0(0. When
worth
at
leant $2,000 more
[lie engines »re narrowed they will he
3no£0tment0
AND
STATE, CITY AND CORPORATION FINANCES.
ii
Supplement" Is published on the last Saturday
regular subscribers ot the
of each month, and furnished to all
at lue
Chroniclb. No single copies of the Supplement are sold
to supply regu.ar
as only a sufficient number is printed
The "
m
THE OHRONIOT.F
1877.J
Investors*
now
than they
are.
Interest and Dividend Payments.— Mr. Joseph a.
Martin, of 10 State street, compiles his usual monthly list ol payments due in Boston this month. In his remarks are the fuloffice,
lowlng comments:
subscribe™.
" The l'ullman Palace Car Company's quarterly dividend of $2
t
per hliare, due August 15, will be paid as usual. Qrarterly
interest on the 8 per cent bonds will also be paid at th»t date.
The City of Boston has only a small amount of interest due at
this time in currency, and the State of Massachusetts nothing.
Summit Branch Railroad.
The United States will pay, in gold, quarterly interest on the
1876.)
Dec.
31,
ending
year
{For the
new 5 per cents, and the amount due at the Sub-Treasury i»
From the report of the operations of the company for the year estimated at $410,000, the interest being mostly registered and
paid by checks on Boston drawn at Washington. .The Franklin
1876 we extract the following:
„,„„„„
Savings Bank will reduce its interest to 4 per cent per annum after
The quantity of coal produced and marketed was 240,670 tons.
August 1. The Connecticut and Passumpic, Massawippi and
The gross receipts were
*Jl.uvi.ous
m-'ii'iJ
Operating expenses
Summit Branch Railroads pass. The Illinois Central changes
from August 1, and will pay 2 per cent September 1. The Chel$151,665
Net receiots
$64,309
sea and Brookline Gaslight each paid 3 per cent July 14. The
From which jednc't interest on funded and floating debt
depreciacover
production,
to
on
Charge ol Ave cents per ton
Old Colony Kailroad 7 per cent bonds of 1877 mature August 1.
13.1T0
•
tion of land, etc
A new loan of like amount, at 6 per cent, twenty years to ran,.
77,^80
has been negotiated. The Chicago Wilmington & Vermillion
$74,185
Coal Company will not pay a dividend August 1. The Merrimac
18,555
Add valued coal on hand at shipping points.
Silver Mining Company of Newburyport will pay, August 18,
The Atchison & Ne$87,740 its usual monthly dividend of 1 per cent.
Profit on operations for 1876
braska Railroad Company will pay, August 1, $20 on each coupon
After Janunry 1, 1878, three per cent on all bonds issued by
due September 1, 1873. The $100,000 7 3-10 loan City of Cincinthe Summit Branch, Railroad Company will, by the terms of the
nati 5-20 bonds, letter P 2, issued in 1868, for common school
mortgage, be set apart as a sinking fund. Your board deem it
purposes, has been called,' and will be redeemed at the Ameriadvisable to also set apart, each year, five cents per ton on all coal
Exchange Bank, New York, or at Cincinnati, August 15,
produced over pea size, to cover depreciation of lands from can
after which interest will cease."
mining. It will be noticed from the above that the result of the
year's business does not justify your board declaring the cusColumbus Chicago & Indiana Central.—Judge Donohue has
tomary dividend at this time. Great depression in all kinds of decided in Supreme Court, Special Term, the suit of Brown agt.
manulaoturing business lessened the demand tor coal, and as pro- the Pennsylvania Railroad Company. This suit was on coupons
ducers continued to ship largely in excess of the quantity required of bonds of the Columbus Chicago & Indiana Central Railrosd
by the market, the result waB a break in prices, which reduced Company, brought by the holders of the coupons directly against
the price of our coal at tide-water $1 40 per ton and as we could the Pennsylvania RR. Co. as guarantor of the C. C. &. I. C. lease.
only sell three fourths of our mining capacity, the average cost of
Judge Donahue d'-cided that no such suit can be maintained.
production, per ton, was materially increased. The salaries of Aside from other questions as to the necessity of the other comminers,
were
wages
of
reas
the
officers and employes, as well
panies as parties to the suit, and as to merely formal defects, the
duced immediately after the fall in price, and all unnecessary guarantee was not made to any individuals or for their benefit,
atWilliamstown
has
been
Yourcolliery
expenditure was cut off.
but only to and for the guaranteed company, which alone ceo
kept up to a high standard, and has a produriDg capacity of 300,- enforce it. He therefore dismisses the complaint.
now
owner
of
all
company
is
the
the
This
annum.
000 tons per
Erie. Mr. Hugh J. Jewett, Receiver, has filed his reports for
bonds of the Lykens Valley Coal Company, the same having been
and May last. In April his receipts for
taken in settlement of advances made to enable that company the months of April
for passengers, $307,689 ; in all, outside
freight were $1,026,212
to continue the operations inaugurated by Mr. Fowle in extending
about $1,500,000. His expenses exceeded
tunnels, sinking shafts, and making other improvements and of borrowed money,
that amount, and were made up by an increase of his Receiver's
this company also owns all (except a few shares) of its capital
stock.
As the interests of the two companies are so closely certificates of $109,637, and a reduction of his cash balance from
$505,757 to $388,102. Among bis payments were $50,012 for
allied, your board deem it advisable for the information of shareHiB report for May shows a reinterest.
holders to submit, in connection with this report, a statement of taxes, and $373,438 for
month. His receipts for freight were
the operations of the Lykens Valley Coal Company, for the year covery from the preceding
$1,370,601, and for passengers 3349,179. His total receipts were
ending December 31, 1876
about $1,800,000. Among his expenditures were $252,945 for inLYKENS VALLEY COAL COMPANY.
terest, yet lis reduced the amount of the Receiver's certificates
The quantity of coal produced was 155,165 tons, of which there §75,234, and increased his cash balance to $440,451. Taking the
were sold 149,869 tons.
two months together there is an increase of Receiver's certificates
:
$563,214
The gross receipts were
of $34,403, and a reduction of cash on hand ot $125,124, together
708,052 an apparent loss for the two months of $159,525.
Operating expenses, &c., including interest on $10S,000 bonds
The outstanding certificates at the end of May were $1,983,740.
Loss on operation for 1876
$139,833
In 1875 that company shipned 2! 8,593 tons, upon which the loss
Frie Canal Traffic.-— The report of the canal collector at Buf298,297
was
falo furnishes comparative statements for July, 1877, and 1876,
Bost
>n
ANNUAL REPORTS.
,
—
'
;
—
;
;
:
Gain over 1875
On New
$113,419
Year's day a
occurred in the principal colliery of
the Lykens Valley Coal Company at Short Mountain, which for
a time threatened serious results but, after burning about six
weeks, was entirely extinguished. It is estimated that about
$65,000 will be required to put the colliery in repair for shipments.
Previous to this fire, and lor the last two working months of
1876, its operations showed a reasonable profit.
The combined operations of both companies for the year
resulted as follows
fire
;
:
Gross receipts ot both companies
Gross expenses, including interest, sinking fund, and
charge
$1,727,488
royalty
1,779,586
Deficiency
$53,097
GENERAL INVESTMENT NEWS.
Arkansas Central. —This narrow guage road was
26.
by the United States Master in Chancery, to
8.
sold, July
H. Horner for
$40,000.
Bangor & Piscataquis.— A statement
:
Net earnings
this amount there have been paid into the city treaiury
Paid fur new car
Due from sundry parties, most of which has since been paid
Cash on hand June 80
Amount of
Amount of
:
tolls
tolls
$7»,9it»
62,057
received in July, 1670
received in July, 1677
$10,3SS£
Decrease
Number of clea ances
Number of clearances
*56
4**
in July, 1876
in July, 1677
268
Increase
Amount of tolls to July 31,
Amount of tolls to July 31,
Number of clearances to July
Nnmberof clearances to July
150,771
31, 18t6
$106,811
2,13o
31, 1877
2318
Decrease
Increase.
$S57,08S
1876
1877
'
18*
Great Western (Canada).— A cable despatch to the Toronto
Oldbe says the Great Western Railway of Canada directors have
It is proposed to issue
called a special meeting for August 3.
£166,000 of stock to redeem the difference between £500,000 new
bond capital created and the amount of bonds becoming due.
The issue of bonds by the Great Western Railway CompanyTs
referred to in the Daily Newt, London, of July 17; that journal
" The Great Western Railway Company of Canada invite
says
:
of the earnings and
expenditures of this road for seven months has the following
Total earnings of the road from Dec. 1, 1876, to July 1, 1877 (7 mw.l.. $39.3.34
Total expenditures, including betterments
:•.'.•.:;Of
as follows
$16,596
9,500
J f 031
8,385
1,676
$16,596
applications for £500,000 in 7 per cent sterling bonds, repayable
The price of issue is par, 10 per cent
in "three or five years.
being payable on application, and the balance on 1st October
next, up to which date an allowance of 2s. 6d. per bond is made
for interest. The object of this issue is to replace partially
£665,000 bonds already paid off or shortly due, and these will be
received as cash in respect of allotment of the new bonds. Share
holders of the company will, after existing bondholders, have
preference given them in the allotment. A saving of interest to.
the company will be effected by this replacement."
:
THE CHRONICLE.
114
[Vol.
XXV.
t
Liability of Municipal Corporations for Damages by
Rioters. The Cincinnati Commercial, refers to this subject at
some length, and we quote from its remarks as follows:
So far as we have had leisure to consult the books and statutes, it does not
appear that there is any universal law on the subject. The general principle
is stated in Judge Dillon's work on " Municipal Corporation-" (vol. 2, p. 760),
a work, we may add in passing, tint is recognized authority Id the United
States, and has been quoted by the highest courts of England. Judge Dillon
payment on tho other junior mortgages of the company, while
the earnings of the road showed a large surplus applicable to the
payment of interest. The holders of second mortgage bonds on
the Iron Mountain road, and of first mortgages of the Cairo &
Fulton, Cairo Arkansas & TexaB, and Arkansas branch, whose
coupons are long overdue, have nothing tohopefrr except iu
proceeding immediately against the company to prevent the
Bays:
•'Public or municipal corporations are under no common law liability to
pay for the property of ii dividuais destroyed by mobs or riotous assemblages;
but in such case the legislature may constitutionally give a remedy, and regulate the mode of assessicg the damage."
We are not sure that there may not be dissent from the opinion that there
In the opinion of Chief Justice Denlo.
is no liability under the common law
of New York, in the case of Thomas Darlington vn. the Mayor, &c, of the
city of New York— a case in which the plaintiff's property was destroyed by
fire during the riots of July, lSt-o — he cited the laws of the Saxons, Danes
and Normans, to show thatfrom the earliest period Hws assessing damages
on the community for life and property taken by violence have been in force
from further diverting the earnings of the road to other
purposes than the payment of interest on the bonds. The present
default on the old first mortgage bonds was altogether unexpected, even bv those who believed that the officers of the company had formed a set purpose to pay nothiug on the other
bonds, until they should be compelled to do so by law, or until
they should have paid every dollar of the notes en which tbey
have a personal responsibility. The ro<id earned from January
1 to July 15 $2,123,000, an increase of $283,000 over the same
time in 1876; and in the face of this large increase of business,
instead of paying one half their coupons in cash, according to
their proposal last year, they refuse to pay anything, and the
coupons due last spring remain altogether dishonored. In view
of such proceedings ou the part of the officers, and their duplicity
in repeatedly making promises to bondholders without fulfilling
them, and apparently without any intention of fulfilling them,
it is remarkable that foreclosure suits have not long
since been
—
in
EngUnd.
But whatever be the common law doctrine, we have not yet found a single
dissent to the opinion expressed by Judge Dillon, that it is within the constitutional p-ovlnce of the Legislature of a State to provide a remedy and regulate the mode of assessing damages.
The law upon this subject, passed by the Legislature of Pennsylvania, in
183.1, was inadvertently repealed a year or two after, but was reinstated in
>
1840, and is, if we mistake not, the law of that Sta'e to duy.
case arose
under it during the anti-slavery riots in Philadelphia, In which Pennsylvania
Hall was burned by the mob. The owmrs.of the hail sued the city for damages, and ihc case was finally carried up to the Supreme Court, where it was
reviewed, and the opinion given by Justice Itogers (see 5 Pa. St., p. 201, 1817).
In ttiis opinii'ii Justice Rogers said:
"At common law. counties were not liable at all for mischief done by lawless individuals.
When a remedy is given it is the creature of statutes, as in
the hue aud cry, and in the act of Juue 16, 1837. * * * With the policy of
the act we have nothing to do, although we conceive there would be no difliculty in showing that taxpayers have a right to be Indemnified for losses
received by lawless outrages, whenever the public are unable or unwilling to
protect propertv. The Innocent may, it is true, be compelled to pay for the
acts of the guilty. But this effect is not peculiar to the case, but necessarily
results from the structure of society and the nature of all institutions."
And again, speaking of the power of the legislature to enact such a law,
Judge Rogers said
" that th legislature had the right to pass such an act cannot he denied,
and it is equally clear that they were bound to do so in everv principle of
equity and justice."
As this opinion is quoted by Judge Dillon in his work on " Municipal Corporations," we presume it to be substantially the law of Pennsylvania on the
subject today. If it be, the city of Pittsburgh and county of Allegheny will
be legally liable for the losses of the Pennsylvania Railroad company within
their limits, and the men who. in he hour of madness, set fire to and destroyed
its property to the extent of $5,00(UOO or $6,0IO,COO will have to assist iu
making good the losses by many a hard day's work and hard-earned dollar.
Without going further into detais of laws audopinlons.it is sufficiently
clear from what has been said—
First— hat laws providing for the indemnification of those whose property
has been destroyed by mob violence are valid and constitutional.
Second-Thut the assessment for the losses must fall ui.on the communities
where they have been sus ained, upon the innocent and upon the guilty, the
just and the unjus..
For. as governments are instituted among men for the protection of life and
property, tbey are liable, where they fail to protect, for the property destroyed.
If they are noi respous'ble, either as .States, counties or municipalities iheu
the object of m lintaininggov, rnmeius has either not been attained or they
are kept up under a false pretense.
•
i
i
Memphis City Bonds
Bays:
two
—
The Baltimore Sun of recent date
A committee composed of Mr. J. D. Flippin, Mayor, and
citizens of Memphis, having charge of the funding
of the
debt of that city, have completed all the arrangements for
delivering the new bonds in exchange for the old certificates
of
indebtedness, are at present in Baltimore, and will be iu attendance at the banking house of Wilson, Colston & Co. during
business hours, to meet the Baltimore bondholders. This
funding
is in accordance (with some modification of terms as
regards the
past-due coupons) with a recommendation of the committees
of
th© New York and Baltimore bondholders, after a
thorough
examination of the whole question, and the funding has
already
proceeded in Memphis, New York and in Baltimore to a
considerable extent. The terms of the funding are 50 cents
on the dollar
lor the face of bonds, and the same rate for tho
past-due coupons
with interest on the latter from maturity added.
The whole debt
of Memphis amounts to about $4,000,000,
and the new bonds wiil
amount to half that sum. The new bonds are for
$1,000 each
payable thirty years after date, and bear interest
at 6 per cent
per annum. The interest is payable on 1st
January and July, in
«ew York. I he coupons are receivable three months
before
maturity at par in payment for all taxes, licenses,
or any other
assessments or debts due the city. By the terms
of the ordinance
authorizing these bonds the city is prohibited
from issuing any
more bonds or scrip of any kind.
officers
commenced.
St. Paul & Dnlnth.— This company, organiz-d under the
agreement made by the Lake Superior & Mississippi bondholders,
issues only preferred and common stock. The pret. 7 per cent stock
is to be receivable in payment for lands at par, and auy surolus
of
land receipts is to be used in retiring it by purchase; it is to be
ispued to the old bondholders at the rate of" $1,200 for each $1,000
bond with th? unpaid coupons. The common stock is to be issued
in exchange for the income bonds and floating debt claims at par,
and to the old stockholders at the rate of one share of new stock
for 20 shares of old stock.
HolderB of stock will have one vote
for each $100 of preferred and each $300 of common stock.
Paul
St.
&
Pacific.— Dr. de Klerck, in Amsterdam, writesare asked for $288,000 (7,200 shares at $40, curbuild the connecting line from Barnes to Breckenridge
" Subscriptions
rency.) to
32 miles."
Texas Secnritics.— The August
circular of Forster, Ludlow
Co. says of Slate bonds:
Tens of 1884 sold at par and interest. The bond is payable
now, and will be shortly taken up by the sale of the new six per
cent bonds, which the Comptroller of the Stnte, now iu the city,
has just negotiated— selling the whole $500,000 to one firm, at
&
Ivwffc
Municipal bonds are entirely neglected. Texas is, unfortunately, acquiring a bad reputation as regards manv of her
municipal and county bonds, but we trust this will be changed in
the near future.
The bonds of paying communilies of Texas are finding more
favor every day, and, as we have often stated, the time will
come
when the defaulting cities and counties of Texas will regret the
bad faith shown. City of Austin bonds are firm at par, and
Iravis County at 103 to 104. Holders of repudiated
county
bonds had hoped that under the new tax law of Texas the
lands
could be held for, the taxes.
This can only be donebv the bondholders buying the lands, for, under the ruling of
the Comptroller, the State, not having an interest
in the matter, will not buy
in the lands sold for taxes, and in the repudiating
counties
where such sales take place, the people league together and
do
not buy. Bond-buyers ought, therefore, to attach no
value to
the provision of the law that the State will pay the
interest on
bonds issued by counties for railroad purposes. The State
will
receive such taxes as are collected for the
purpose above indicated
but assumes no responsibility whatever in the matter.
1 he statement relating to the Texas Narrow-Gauge Railroad
as published by us last month, has created
quite a stir it was
not believed to be so rotten. The Pitkin
judgment wipes out
tuestoc* and floating indebtedness, and the
bondholders
now decide whether or not to have a receiver appointed,will
or
remodel the whole enterprise with an
honest management.
Unless this can be done, it is better to abandon
the matter and
sell out the whole thing but
otherwise we believe the enterprise
New Jersey Midland.-The Receiver's report of earning for to be one that
will pay legitimate profits on the investment, if
June and the six months ending June 30 is as
carried forward. To come before the
follows:
public with a narrow-gauge
1
Sixmos. road costing about $0,000 per mile, to construct and bond it with
Passengers...'
J,*™.*
a
first mortgage bond of
*»'.M4
Freight.
•&«}?
$10,000 per mile, which are offered to the
119.12s
Muk
»?!»
publ c at Jo cents, looks very much like
::...::
a trial of smartness
Express and miscellaneous;::".'":;;;;;::;;;;;;.;;;"" 95W
between a Texas would-be railroad president and
41,401
the New York
;
;
Total
* UIW
A",
Workingand terminal
Net earnings
Percent of expeuseff
'.''.'.'.'.'.'.'.'.'.'..'
vnw
$ol2.882
244,687
"
.$10,fi.)l
(68, nt
78-21
83-06
.
The
Receiver's cash account
Balance on hand Jnne 1
Road receipts,
Loan account.
as above.
.
.
is
as follows:
...."....
'
..
ft-,.
52,118
expenses...:. ::::::;;;;'.
82,41(1
.... &2,;S0
11,101
Total
Diibursements
176,8*
7t>,04»
Balance, Julyl...
—
*
-""<g *m unci
bondholders, and their present action
confirms most emphatically the impre B sion 8 formed of their
dealings when they refused
«r i-
investing public, in which, of course,
the president was beaten.
1 he wheat crop of Texas, now fully harvested, has turned
out
better than anticipated. Texas will
have fully 10,000,000 bushels
of wheat surplus for exportation.
The corn cr_>p is probably the
largest ever made in the State,
and prices will range corresponding y. It is too early yet to make
reliable estimates of cotton; but
t
ci «<unstances, we estimate the
crop of Texas
r i2?i ?Q -oWard
for 187.-18/8
at nearly 700,000 bales.
Those unacquainted with
lexas can have no proper idea as to the
prosperity of the people
ther.e
*?™?'s are getting rich merchants are generally out
of debt, having exerted a
wise economy. Trade is generally
better in Texas than anywhere
in the Union.
Immigrants are
pouring nto the State by all the railroads,
and many coming in
colonies from the Northern States.
l
-
;
The Granger
Decisions-Dissenting Opinions.— In view of
the great importance of the principles
of law involved in what
are known as the "Granger" cases,
we give below some of the
pnncipal parts of the opinion of Justice
Field,
concurred in by
AnorjST
.THE CHRONICLE
4, 1877.]
Justice Strong, in which they dissented from the majority of the
Court. Mr. Justice Field says " I dissent from the judgment of
the court in the soveral railroad cases arising in the States of
Illinois, Wisconsin, Iowa and Minnesota, commonly known as
the "Granger cases," and from the reasons on which the judg
inents are founded. These cases involved a consideration of the
charters of the different companies, and of the extent of the
power of the legislature over them, as well in the absence of any
reservation of a right to alter or repeal them, as when such
reservation was embodied in them or in the constitution under
" The opportunity was
*
*
*
which they were granted."
presented lor the Court to define the limits of the power of the
State over its corporation after they have expended money and
incurred obligations upon the faith of the grants to them, and
the rights of the corporators, so that, on the one hand, the property interests of the stockholder would be protected from practical confiscation, and, on the other hand, the people would be protected from arbitrary and extortionate charges. This has not
been done, but the doctrine advanced in the Chicago Elevator
case has been applied to all railroad companies and their business,
and they are thus practically placed at the mercy of the legislature of every State.
" In the Elevator case, the Court has declared as its solemn
judgment that property 'becomes clothed with a public interest
when it is used in such a manner as to be of public consequence
and affects the community at large,' and thus loses enough of its
private character to make its use subject to regulation, not only
in the manner of the use, but as to the compensation which the
•owner may receive for it. ' When, therefore,' says the Court,
' one devotes his property to
a use in which the public has an
interest, he, in effect, griuts to the public an interest in that use,
and must submit to be controlled by the public for the common
good to the extent of the interest he has thus created. He may
withdraw his grant by discontinuing the use, but so long as he
mainiains the use he must submit to the control.' There is no
business or enterprise involving expenditures to any extent
which is not of public consequence, and which does not affect
the community at large. There is no industry or employment,
no trade or manufacture, and no avocation, which does not, in a
greater or less extent, affect the community at large, and in
which tbe public has not an interest in the sense used by the
'
"
Court,
:
" There is no doubt of the power of the Legislature to prescribe
in the charter of any corporation the compensation it may receive
(or services rendered, or to reserve the power to regulate such
compensation subsequently. The power to prescribe tbe conditions of use and enjoyment necessarily accompanies the power
to grant but tbe charter of a corporation being a contract, a
Bufficient consideration for the privileges and franchises conferred
being found in the duties and liabilities assumed by the corporators, the subsequent power of the Legislature is restrained by its
terms. This has been so often judicially declared that it has been
supposed to be no longer open to discussion. The first question,
therefore, fdr consideration in all cases where Legislation affects
the constitution of a corporation, or its beneficial operation, is,
what is the true construction of its charter, and, consequently,
what privileges does it confer, and what restraint does it impose,
upon Legislative Interference. The rights and privileges implied
in the contract are equally as inviolable as those expressed. This
question is not met by the Court in its opinion, the several cases
beingdisposed of by tbe novel doctrine announced inr the Elevator
case, that tbe Legislature has aright to regulate the compensation
for the use of all property, and for services in connection with it,
the use of which affects the community at large,' and the further
doctrine, equally novel, that although tbe charter of a company
confers the power to make reasonable charges, the whole matter
is reserved to be regulated by the State in its discretion.
"If it be admitted that the reserved power to alter all laws creating corporations authorizes the Legislature to regulate the
rates of charges of a railroad company for the transportation of
persons and property, it Bhould not, in common honesty, be so
used as to destroy or essentially impair the value of mortgages
and other obligations executed under the exprsss authority of the
Btate.
The reservtd power has not generally been supposed to
authorize the Legislature to revoke the contracts of the corporation with third parties, or to impair any vested rights acquired
under them. But no considerations of this kind are of any weight
under the decisions in the Elevator case.
" So long as that decision remains, it will be a waste of words to
discussthe questions argued by counsel in these cases.
That
decision, in its wide sweep, practically destroys all the guarantees of the constitution and of the common law invoke! by counsel for the protection of the rights of the railroad companies. Of
what avail is the constitutional provision that no State shall
deprive, any persen of his prop£rty, except by due process of law,
if tbe State can, by fixing the compensation which he may
receive for its use, take from him all that is valuable in the property ?
To what purpose can the constitutional prohibition upon
>the State against impairing the obligation of contracts be invoked,
if the State can, in tbe lace of a charter authorizing a company to
charge reasonable rates, prescribe what rates shall be deemed
reasonable for services rendered ? That decision will justify the
iLegielature in fixing the price of all articles and the compensation lor all services. It sanctions intermeddling with all business
.aad pursuits and property in the community, leaving their use
and enjoyment, and compensation for their use, to the discretion
of the L»gislature. Having already expressed my objections to
that doctrine in a dissenting opinion in the Elevator case, I need
not repeat tbem here."
Toleda Peoria & Warsaw .—The following plan for reorganising tbe Toledo Peoria and Warsaw Railroad Company was
JbUely proposed
;
'
:
115
L.Tho foreclosure of the following mortgages First mortgage
on east division; first mortgage on west division second mortgage on Burlington branch second mortgage on west division
consolidated mortgage on entire line Income mortgage on ent're
:
;
;
,
;
line.
2. The sale of the road and the formation of a new company,
which will issue bonds as follows: First mortgage on entire line,
$4,500,000, which will be used to take up bonds represented by
mortgages A, B and C, the above-mentioned bonds bearing 7 per
second mortgages on the entire line for $3,900,000 in two
cent
;
series of 7 per cent bonds, to wit
:
series A, of
$3,900,000 to *,ake
up bonds accrued by mortgages D, E and F, above-mentioned,
upon whi;h bond interest will be paid in stock or scrip until 1880
series B, of $1,000,000, will be applied to pay the floating debt of
the Toledo Peoria & Warsaw, and upon which no interest will be
a surplus of net earnings after paying interseries A of second mortgage.
The new company will then start out with a funded debt of
$8,400,000, upon which it will have to pav a yearly sum of
1588,000 interest. The bonded debt of the Toledo Peoria &
Warsaw Company in January, 1874, when it went into the hands
of the trustees, was $6,400,000, which was increased about
1300,000 by accrued interest and judgment-claims while in the
hands of the trustees. It is further proposed to cut down the
stock shares in the company from 50 to 75 per cent.
The trustees under the deed of trust or mortgage of March
1, 1872, give notice that on August 15 tbey will sell the $500,000 bonds reserved as collateral security for certain outstanding
paid unless there
est
on
first
is
mortgage and
—
obligations.
Western
Union
Telegraph— Atlantic
&
Pacific.— The
Tribune reports as to the rumored agreement or amalgamation of
*'
these companies:
Within about a month the price of Western
Union Tel. stock has advanced from 56f to 71 J. Beports of a
consolidation of the Atlantic & Pacific and Western Union Companies, or an agreement by which the rates were to be advanced
upon a basis decided upon by the two companies, have been
repeatedly circulated on Wall street.
Inquiry at the offices
of both companies elicited the statement that the reports were
not based upon aay official action of the companies, and the
officers were not acquainted with any outside movement looking
to any agreement or union between tbe companies."
—
As to the progress of the A. & P. lines and its rate of charges,
tbe following is the latest: The Atlantic & Pacific Telegraph
Company has completed the extension of its lines from Nashville
to New Orleans by way of Athens, Tenn., Tuscumbia, Ala., and
Aberdeen, Columbia and Meridan, Miss. The Company announces
that it will accept business for those offices, on and after 'Aug. 1,
at the following rates, which will also apply to offices that may
in future be opened in the South:
Hetween intermediat» offices 300 miles or less apart
Between intermediate offices more than 300 miles apart, but not exceeding 500 miles
25c.
35c.
all offices sooth of Nashville, and to and from Cincinnati,
and St. Louis
To and from all offices south of Nashville, and to and from all offices
north, east and west of Cincinnati and St. Louis, to and including
To and from
Omaha
50c.
?5c%
Atlantic & Pacific Company has also extended its lines to
Burlington, Iowa, and Galesburg, 111., and will reach Memphis,
Tenn., about Sept. 1.
The
— The officers of this company lately proposed
West Wisconsin.
a plan of reorganization, of which the following is an outline.
The present bonded indebtedness of the company is, land grant
bonds, now unpaid, $3,443,000 Southern extension bonds, $640,000 consolidated second mortgage (first lien on bridge at Hudson, Wis.), $1,500,000; total bonded indebtedness, $5,583,000.
On tbe forming of a new company it is proposed that the fol;
;
lowing mortgages be executed:
—
First A first mortgage for $3,000,000, at 6 per cent, gold, upon
the whole line from Elroy to Hudson, and upon tbe leasehold
interests from tbe St. Croix river to St. Paul, with all the equipment, property and franchises, except the land grant lands.
Second A mortgage to run twenty years, to secure the payment of bonds to be known as land grant income bonds, to the
amount of $2,700,000 and interest, that shall be a first lien upon
tbe land grant lands not deeded, including the amounts due upon
sales already made, and a second lien upon the income and all
the other property and franchises of the company.
The new first mortgage bonds to be disposed of as follows:
To be exchanged for the Southern extension bonds outstanding,
with their past,due coupons attached, $640,000 in part payment
of the land grant bonds, outstanding, at the rate of 50 per cent
of their par value, $1,721,500; in part payment also of six
coupons, $35 each, past due July 1, 1877, at 50 per cent, abeut
$361,515; balance in treasury applicable to improving the propAnd the
total first mortgage issue, $3,000,000.
erty, #276,985
land grant income bonds to be used as follows: In full payment
of the land grant bonds, to be surrendered with the funded scrip
attached, being the remaining 50 per cent of their par value,
past
$1 721,500; in full payment of six land grant bond coupons,
due July 1, 1877, of 50 per cent of their par value, about $361,515; balance in the treasury applicable to improving the proptotal land grant mortgage issue, $2,700,000.
erty, $316,985
The stock of the new company to be issued to the present
shareholders for tbe stock of the present company, as proposed in
th* funding plan, to the same amount and of the same class, after
giving to each present $1,000 of land grant bonds one hundred
dollars of common stock as a consideration for the reduction in
interest of one per cent on tbe new bonds to be issued as
—
;
;
;
ebove.
'
.
.
.
THE CHRONICLE.
116
XXV.
[Vol.
OOTTO.N.
€bc Commercial Simes.
Friday. P. M., August 3, 1877.
as indicated by our. telegrams
For the week ending
is given below.
the total receipts have reached 2,691
The Movement of the Crop,
from the South to-night,
this evening (Aug. 3),
COMMERCIAL EPITOME.
3,299 bales last week, 3,876 bales the previous
week, and 4,404 bales' three weeks since, making the total receipts
since the 1st of September, 1876, 3,958,828 baleB, against 4,0S6,723
bales for the same period of 1875-6, showing a decrease since
The details of the receipts for
Sept. 1, 1876, of 127,895 bales.
this week (as per telegraph) and for the corresponding weeks of
five previous years are as follows
bales, against
Friday Night, August 3, 1877.
The strike of railway operatives bag come to an end during
the past week, on those roads whose traffic was partially
obstructed at the date of our last, and transportation is
generally resumed, subject, of course, to such obstacles as
reduced rolling stock and destroyed bridges may interpose but
there has been a serious outbreak of coal miners in Pennsyl-
:
;
vania, causing
much damage
to the mines,
instances in violence and Iosb of
force of militia restored order.
in a wholesale way, the
and resulting
The presence
life.
General trade
is
in
iair,
and,
autumn season may be
said to have
is
a B'atement of the stocks of leading articles
of domestic and foreign merchandise, at dates given
Aug.
Beef
tcs.
Pork
an d bbls
,.
Lard
Tobacco, foreign
Tobacco, domestic
Coffee, Kio
Coffee, other
Coffee, Java,
bids.
bags.
Ac
mats.
hbds.
boxes.
bags, etc.
hhds.
hhds.
bbls.
No.
Hides
Cotton
Rosin
bales.
bbls.
bbls.
bbls.
Spirits turpentine
Tar
Rice, E. I
Rice, domestic
bbls.
Linseed
and
bags. 157,552
bags. 10,2:0
Saltpetre
Jnte
Jute butts
Manila hemp...
bales.
bales.
bales.
bjles.
hemp
1,817
123
357
21
262
331
421
335
5,101
593
Savannah
387
1,011
7S
345
1,305
397
Galveston
184
2C0
231
169
27
35
9,526
19.931
6,707
1,959
23
189
23
693
195
1,097
2,393
215
12
9
3
5
1C4
14
2,691
5.153
4,979
10,684
3,117
166
76
Norfolk
592
Ac.
Total since Sept.
87
456
1,603
North Carolina..
Total this week
459
684
655
240
2
City Point,
332
530]
.'
94,315
64,720
8,000
99,»29
18,398
235,555
1,680
8.5S7
:,roo
133,000
121,106
20,851
841
1,855
7,000
1,410
145,841
13,000
4,631
14.630
41,587
1,066
4,259
15,950
31,119
5,413
17, COO
233
..
Florida
14.
2%978
536
6,300
800
126,275
12,!00
1,550
2,055
tcs.
1,2)4
76
313
39,tQt
37,3*0
21,279
2,317
12,413
5,000
214.100
95,681
39,667
4,02)
43J
bags.
32
291
Tennessee, Ac.
July
1.
150
41,499
30.099
85,027
29,964
95,416
53,865
25.630
121,693
21,929
269,462
15,^97
36,836
114,226
62,543
73,436
6«,581
40,543
138,000
2,739
8,876
4,542
193,100
99,110
58,808
3,876
...bags.
Molasses, foreign
Molasses, domestic
Tha
!.
tcs
bales.
Sugar
Sugar
Sugar
Melado
Sieal
Aug.
5.617
21,166
bbls
1,307
1877.
1877.
1876.
18V2.
1673.
123
.
[ndianola, Ac.
:
1874.
1815.
1876.
500
Orleans
.
opened.
The following
1877.
at-
Mobile
Charleston
...
Port Royal, Ac.
New
of a large
very
week
Receipts this
some
2.0S3J
3,958,828 4,086,723 3,475,737 3.797,910 3,586,253 2,708,090
1..
The exports for the week ending this evening reach a total of
22,638 bales, of which 12,592 were to Great Britain, 6,846 to
France, and 3,200 to rest of the Continent, while the stocks as
Below are the
made up this evening are now 163,420 bales.
stocks and exports for the week, and also for the corresponding
week of last season:
Exported to
Week ending
Aug 3.
Great
France
Britain
New
Orleans*..
1.977
Mobile
Charleston
Conti-
this
Same
week
nent.
week.
1876.
Total
4,996
8,823
6,816
3,021
3,021
Savannah
150
Stock.
1877.
1876.
28,750
44,656
3,559
4,438
3,044
2,458
1,689
1,331
bog products, and
5,042
2.760
Galvestont
1,637
1,637
93,461
93,579
8,164
5,621
8,611
except on one day, prices have ruled quite firm, though the spec- New York
3,050
1,013
3,757
ulation in pork and lard, for future delivery, has been quite Norfolk.
20,000
25,000
Other portst
2,618
336
336
moderate. To-day, pork was rather-quiet on the spot but mess,
12,5i2
15,838 163,420 131,116
3,2:0
22, f 38
6,843
for future delivery, sold at $14 25 for September and $14 35 for Total this week.
October.
Lard was quiet on the spot, at $9 30@9 37| for prime Total since Sept. 1 3,130,151 1459,685 4il,8'4 13,021,620 3,193,596
* Aew ortean*.—OuT telegram to-night from New Orleans shows that (besides
Western, old and new, but was fairly active for future delivery,
above exports) the amount of cotton on shipboard and engnped for shipment at
at $9 30 for August, $9 37J for Sptember, and $9 05 for all the that port Is as follows: For Liverpool, 1,030 hales; for Havre, no bales: for
the Continent, no bales for coastwise porta, 1(0 bales; which. If deducted from
year.
Bacon sold at 8c. for city iong clear. There was a large the stock, would leave <7,150 bales, representing the Quantity at the landing and in
presses unsold or awaiting orders.
movement in rib bellies at 7i@8}c. Butter is dull good to
t Galoetton.— Our Galvestou telegram shows (besides above exports) on shinboard at that port, not cleared: For Liverpool, no bales; for other foreign,
provision trade has been very fair in
. .
;
;
;
choice, 17@27c.
Cheese dull at 8@llc. for
factories.
Tallow quiet
at 8K88J-C. for prime.
Kentucky tobacco has ruled very firm, but the movement is
comparatively light. Sales 500 hhds of which 100 for consumption and 400 for export.
Prices are quoted at 3|@5|c. for lugs
,
and 6J@16c
for leaf.
transactions for the
Seed leaf has aleo been quiet, and the
week
are limited to 100 cases sundries at 4@
300 cases crop 1875, New England, 10c, 16c, 20c. and 30c
106 cases crop of 1874, Ohio, 4ic, 5c, 6c and 10c ; 19 cases crop
1875, Pennsylvania, 12c, and 30 cases crops of 1874-5, Wisconsin, 7c Also 450 bales Havtna, 75c, 80c and $1 10.
16c.
no bales for coastwise ports, no bales which, if deducted from the stock
would leave remaining 5.042 bales.
t The exports this week under the head of "other ports" Include, from Balti•
more. 33a hales to Liverpool.
From the foregoing statement it will be seen that, compared
with the corresponding week of last season, there is an increase
in the exportB this week of 0,800 bales, while the stocks to-night
are 17,696 bales less than tbey were at this time a year ago.
The following is our usual table showing the movement of cotton
at all the'ports from Sept. 1 to July 27, the latest mail dates:
;
;
;
;
The
RECEIPTS
PORTS.
EXPORTED SINCE SEPT.
1816.
1875.
1
TO—
|Other
Total.
forei n
Great
Britain
Coast-
Stock
wise
Ports.
business in Brazil coffees has been moderate, and steady
fair to prime cargoes Rio, 19@20ic gold jobbing lots,
16i@21ic, gold stock here this morning, 87,082 bags, in first
N. Orleans. 1,179,061 1,394,72; 689,145 324,230 179.S87 1193,262
357,206
863,829 145,597 25,163; 44,922 215,682
Mobile
183.073
38,969
14.3,288
6,681
Charlcsl'n *
470,036
411,415
221,616
50,679
72,801
345,086
108,38:
3,095
hands mild grades quiet and unchanged. Rice In fair jobbing
request and steady. Molasses continues dull and nominal at 40c.
for 50-test Cuba refining ; grocery grades quoted as before.
Refined sugars have declined, with only moderate sales
standard
crushed, life. Raw grades are dull and rather.easy at 8}@9£c.
for fair to good refining Cuba.
Savannah
476,244
515,1*3
233,515
14,742
50,052
298,309
143,201
2,2^6
501,436
477,219
205,129
24,774
2\412
555,315
247,074
7,449
121,169
198,101
373,492
9,033
27,718
410,248
20,379
12,072
129,083
102.362
23,357
2,511
551,745
439,43)
109.092]
1,602
149,961
111,19.1
prices rule
:
,
;
;
;
..
Galveston*.
New York..
N. Carolina
.
101,779
....
20,879
10,606
36.474
31,795
911
1,221
112,515
441,761
3,900
16,065
132,081
....
;
The
business in ocetn freights has latterly improved a
Rates on
Tot. this yr. 8,956,137
Today, grain was taken
London by steam, 6d.; do.
for Liverpool
at 6d.;
to
do. to
by steam
Cork for orders, by
10£d.@6s. 3d.; refined petroleum to the Baltic, 5s.; do. to
the Continent, 4s. 9d.; do. to Trieste, 5s. 4^d.
In naval stores nothing special has been done onr late steady
prices rule, especially on spirits turpentine at the close, 300 bbls.
sail, 5s.
;
;
old
at 32i@3:!c.
common to good strained rosin, $1 75@1 85c
Petroleum has been on the decline, with similar advices both
from the Creek and Europe. Crude, in bulk, 7Je., and refined in
bbls. 18ic
Ingot copper Bteady and quiet at 19319Jc cash.
Whiskey has
;
told at $1 13, tax paid.
...
28,000
2117.559 452,739 428,684!2998,982 1318,981
193,050
4,0^1,570 2017,553 441,283 096,51713177,758 1333,074
205,680
116,916
trifle.
descriptions of tonnage have advanced and are main^
tained wilh firmness. The feeling at the close is one of considerall
able confidence.
Norfolk* ..
Other ports
Tot. last vr.
Under me head of O/iarlettlon Is Included Port Koyal, «c; under the neau of
OaJtMfemls Included [ndtanoia,&c; under the head of A'or/oit is Included City
Point, Ac.
These mail returns do not correspond precisely with the total of
the telegraphic figures, because in preparing them it is alwsyB
newssarv to incorporate every correction made at the ports.
The effortB to " corner" the market on contracts for August
caused an advance of 1.16c in spots on Saturday last but the
demand proved to be limited, and the deliveries on contracts
were comparatively free. On Monday, therefore, the advance
waB lost on Tuesday, there was a further decline of Jc, to 12c
for middling uplands, from which there was no change on
Wednesday, though the market was steadier but on Thursday there was a still further decline of 1-lCc, leading to
Added to the unfavorable influmore activity for export.
ences of a local character were the dulness of trade at Man;
;
;
:
.
August
.
:
Chester and tho unsatisfactory state of Continental politics.
hot weather
reports, also, were interpreted favorably
To-day, there was a further decline
early in the week.
and
little
done.
For
of l-16c, to lljc. for middling uplands,
future delivery, the market ruled quite Arm on Saturday, though
decline
Monday
by
a
on
followed
dull, and the close feverish,
and Tuesday of 22 .023 points for the early months, 15 points for
This decline,
October, and 11@13 points for the Inter months.
after the threats of a "corner" on Friday last, was accounted for
by the limited extent of tlio "short interest" and the return of
hot, forcing weather at the Siuth, which promised to bring forward the growing crop rapidly and ward off many of the dangers
But on Wednesday
to which it is exposed from various causes.
the return of cool weather, especially in the Atlantic States,
together with a report of the appearance of the army worm in
Northern Mississippi, caused a demand to cover contracts, and a
slight recovery of prices, followed on Thursday by a recession to
To-day, there was an early
the lowest figures of .the week.
declino of considerable importance, especially for the early
months, bat part of it was subsequently recovered the close,
however, was at about the lowest figures.
The total sales for forward delivery for the week are 176,100
free on board. For Immediate delivery the total
bales, including
sales foot up this week 4,813 bales, including 1,225 for export,
in transit.
3,530 for consumption, 52 for speculation, and
bales were to arrive.
The following tables
Qf the above,
official
quotations
and
sales
for
each
day
of
the
past week:
show the
;
;
—
—
ALABAMA.
Classification.
Ordinary
.
..9
11
1-16
UK
(jood Ordinary
Strict Good Ord'ry.
5-16
11 9-16
IX
11%
11
nS
Middling
Low Mlddl'g
Middling
11
Strict
Good
MTddllni..
Strict
Good.MlddlV
Sat.
July
10 11-16 V-'V
ft.
Strict Ordinary
13-1(1
Middling Fair...
Fair
July
30
28
July 30
13-16
3-16
7-16
11 11-16
'.0
11
3
i
U
a2
12 11-16
13 1-16
8 13-16
July
13-16
3-16 I1B
12 1-16
I2J<
!2 5-16 12*
11 9-16
12 lS-:6 12V
13 3-16
Igfl
13 15-16 13%
12 7-10
Mon.
Sat
11 7-16
11 11-16
11 15-16
,2
12 3-16
3%
13 13-1-
Hon
10
11
Hii
UK
nS
13-'.6
11
28
ioji
I
12
li 15-18
:i 3-16 12*
12 >;
13 7-16
'.2
11-16 ">%
13 1-16 13
ORLEANS
N.
Sat, II. Ml
Sat.
July 28 July 30 July 2i
Low
11
15-16
12 1-16
12 5-16
12*
12 9-16 1214
12 '3- 6 12X
13 J-:6 lS*
:3 15-16 '-3X
Tuea Wed. Tries Wed. Tues Wed. Tuea Wed.
July 3l!Aug.
Ordinary
*
Strict Ordinary
Good Ordinary
Strict
Low
Good
July
l
Aug.
3:
10 9-16 10 910 13- 6 10 15-16 10 15-16 10 '5-16
11 3-16
11 3-16 11 3-16
11 3-16
11 7-16 ill 7-16
11 7-16 11 7-16
Ord'ry.
Middling
II*
HI*
ll
..
Low Mlddl'g 11 13-16 11 13-16 II *13-16
Middling
12
u
12
Good Middling..
v>'4
12X
Strict Good Mlddl'g
12*
!-'S
Middling Fair...
12*
12*
Fair
13*
13*
IS*
11*
Strict
B
Th.
Aug.
H
ft
0*
Strict Ordinary....
10*
Good Ordinary
Strict Good Ord'ry.
Low Middling
2
Aug.
3
Low Middl'g IIX
Middling.
11 15-16
Good Ml<
Middling.... 12 3-16
Strict Good Mlddl'g " 7-16
Middling Fair
12 13-16
Fair
,13 9-16
Strict
11
9- 6
9-16
11
11*
11*
II
1
9-16
11*
i*S
12*
13
IS
IS*
13V
13*
uiv
13*
Th.
FrI.
Aug.
2
10*
11*
11
'.1
1-16
5-16
10 7-16
Th.
Frl.
Aug.
3
5-6 11*
3
Aug.
IIM
It 9-:6
11*
11 11-16
11*
liX
11 11-16
11*
11
13 9-16
Frl.
2
II
12
l«V
12 9-16
12*
12*
13*
12 15-16
13 11-16
3
bales,
117
For Noromber.
cu.
eta.
11-86
11-37
100
2M
100...
U-3S
UMll
3.SO0
l.r.w
7i»l...
....ii-:4
... i:-!5
500.
....1119
',00
.11-10
...11-41
11-12
11-13
11-41
11-15
600
U-16
1,'flO
11-17
70J
70J
11-48
900
SOU
11-5(1
2011
1(10
If.M
WO
400
11-53
11-57
11-58
201)
2,100
500
1.50.1
110
600
7D
l.'.OO
l.ll'O
90X1...
200
.
a-17
600
100..
eta.
...1135
Km..
...II*
lt-21
1I-2S
11-23
11-24
11-25
800.
800..
'.'..U-iH
400..,
400...
500..,
100...
...11-10
...11-41
...11-41
...11-51
.
11-2!
200..
1124
200
500..
..
.
..
.
.
10')..
100..
100..
1137
7,200 total
11-41
11-27
11-28
.11-30
11-84
11-35
11-37
11-34
11-89
For December.
11-16
lt'17
U*
11*
11 13-16
12 1-16 12
12 5-16 12*
12 9-16 i2*
!2 15-16 12*
13 11-16 13*
Good Ordinary
Good Ordinary.
Low
Middling
Middling
..
11
II
.
II
3-16 11*
11-16 11*
MARKET AND
Ex-
Closed.
port.
Monday..
Thursday
Friday
10*
10 15-16
SO
U-29
500
100
11-33
11-34
sit.
..
3
10 1-16
10 11-16
10*
U*
FUTURES.
Deliv-
Total.
eries
821
m
20.000
23,100
29,700
2 .100
30.000
479
i-;.-:.':)
700
500
500
700
200
400
4,8'.3
176,100
3,000
56
52
1,200
....
57 J
496
4,9
1,225
3,536
52
—
602
629
1,636
For forward delivery, the sales (including
free on board)
have reached during the week 170,100 bales (all middling or on
the basis of middling), and the following is a statement of the
sales and prices
ba'es.
For July.
bai™.
ct«.
100
..1215
20" ...
400
lUV
100
.
...12-16
...1;'2>
...12-21
.. .12-25
11-85
801)
11-8'!
16W
11-3
l.'OO
11-85
11-S8
II-S9
1,511(1
us:
.
12-07
12-.8
12- 9
...r:-io
.
.
12-11
12 12
....
1.(0) ....
2BI
100
700
11-91
.
SOD
200
....
.
l.'-0S
100....,
sou.....
300
li-9t
400
;00
80)
209
400
sod
400
2.700
11-90
11-91
11-92
11-j3
11-91
M00
1,400
11-W
2.2U
12-0,-1
.1-76
"
1,100
U-.il
11-68
... .11-63
11-77
*0
11-59
11-80
4,1
11-75
100.....
11-S'J
12-02
13-i3
11-01
1:00
I.
4(10
71)0...
1.100
1.500
ai)0.>...
...U-54
1.201
200
100
leu
Ilia
1.-57
otai:-S6
11-87
il-jj
12-01
.
U-H
12-M
.12-5
...
12-1-1
.
3O0
1.100
700
100
33.4JO total
...12-.8
1219
.
.12-10
1--2!
13-23
12-21
12-.4
Aug.
1.81)0
5.H)
11-67
.li-.s
11-S9
11-70
....11-71
11-72
11-73
11-71
11-75
.... 11-76
11-77
1.-71
11-79
...
2
....
600 ....
1,100 ....
8.900
4.1H0
1.S0O
2,1H(1
2,300
4,100
7.SO0
.
7.20
....
.
700
60)
t,sno
1,0)0
.
....
...
SOO.
600
2(i0
..JI-97
11-98
1,800
li-00
2.050
2.100
2,900
12-01
1202
12 03
U-62
11-63
Sit)
11-J4
ii-;o
100
1.000 total
March.
-27 pd. to exch. 400 Oct. for Sept.
Nov. for Sept.
The following will show the closing market and prices oid for
future delivery, at the several dates named :
MIDDLING UPLA.XD8— AMKRIOAV OT,ASSIFrOA.TJON\
Frl.
Sat.
Mon.
Tues.
Wed.
Thnrs.
Frl.
Steady,
Quiet,
Quiet.
Steady,
Quiet,
8t»a1y,
Market closed Firme-,
hlgh-r.
hlzher.
pd. to eich. 800
|
12-20
12-18
12-ni
11-53
11-36
11-37
11*50
July
August
September
October
November
easy.
lower.
higher.
lower.
12-05
11-85
11-45
11-96
11-77
1200
11-81
12- 11
11-99
U-57
11-80
11-41
11-26
11-33
11-67
11 33
«
Tranrf.orders.
11-78
12-20
11-35
11-36
11-49
11-62
11-78
12-25
12- :o
Hold
Kxchange
van
105H
io5 n
4 -34
4 84
December.
January
February
March
11 -61
..
..
lower.
12-21
11
U'42
11-23
1125
11-26
11-40
11
11-33
-:..i
U-51
11-68
11-61
12-00
12-05
11-91)
105X
4-83X
lOSX
4-83X
H'41
11-54
•
105X
4SS>i
481
11-63
11-19
11-21
11 31
11-47
11 61
11-24
11-13
11- IS
11-28
.
n-41
11-54
U-75
105 %
4-33
The Visible Supply of Cotton, as made up by cable and
telegraph, is as follows.
The continental stocks are the figures
of last Saturday, but the totals for Great Britain and the afloat
for the Continent are this week's returns, and consequently
broughtdown to Thursday evening; hence, to make the totals the
complete figures for to-night (Aug. 3), we add the item of exporti
from the United States, including in it the exports of Friday
only.
Stoclt at
Stock at
1877.
Liverpool
Total Great Britain stock
Stock at Havre
Stock at Marseilles
Stock at Barcelona
Stock at Hamburg
..
Stock at Bremen
Stock
Stock
Stock
Stock
at Amsterdam
at Rotterdam
at Antwerp
at other continental ports.
Total continental ports
'
973,500
217,250
6,500
64,000
16,500
73,250
45,000
10,750
7,750
13,6CO
.
i 876
959,000
94,500
,
.
937,000
36,500
London
8:5
1874,
815,000
301,750
911,000
113,750
1,021,750
163,000
15,750
73,750
22,750
1,053,500
184,5'i0
8,000
80,000
12,000
43,000
41,750
10,000
4,000
15,000
i
1,048,750
152,000
14,250
45,000
34,000
52,500
104,500
32,500
29,500
85,000
46,000
65,000
26,000
13,000
37,000
451,300
393,250
452,25)
549,250
Total European Btocks
1,428,000
tndiacotton afloat for Europe.... 305,000
American cotton afloat for Europe
89,000
Egypt, Brazil, ac.,afloatforE'rope 21,000
Stock In United States ports
163,420
Stock in TJ. 8. Interior ports
12,503
United States exports to-day
1,451.750
531.000
62,250
31.000
135,908
1,507,000
526,000
59,000
52,000
155,263
22,330
1,000
l,556,CO0
8,7:;9
1,000
total Sept.
For October.
300
11-27
200
U-29
SOO
11-30
700
Il«
1,00
11-31
11-32
.1181
tt'M
1.400
11- 1
l.jj
£00
11-35
379,000
78,000
56,000
143,456
21,954
1,000
Total visible supply.. ..baies.2,018,923
2,231,643
9.322,592
2,275,410
Of the above, the totals or American and other descriptions are el follows
•
Liverpool stock
Continental stocks
American afloat to Europe
United States stock
UmtedStates interior stocks
United States expoits to-day
399,090
274,000
59,000.
155,263
22,330
1,000
613,00)
375,001
89,0)0
163,420
12,503
5:3,000
194,000
62,250
133,903
8,739
1,000
bales. 1,252,923
766,000
954.892
5,266,750
910,592
1,412,000
pply.. ..bales.
bales. 2.018,923
Total visible supply....
Price-Mid. Uplands, Liverpool... 6Kd.
2,221,642
2,322,592
8}£d.
347,000
232,000
78,000
143,456
21,954
1,000
8-33,110
1,452,000
2,275,410
7&d.
8J*d.
These figures indicate a decrease in the cotton in sight to-night
of 202,719 bales as compared with the same date of 1876, a
decrease of 303,669 bales as compared with the corresponding
date of 1875, and a decrease of 256,487 bales as compared
«Hth 1874.
At the Interior Ports the movement that is the reseipts
and shipments for the week and stock to-night, and for the
corresponding week of 1876 is set oat in detail in the following
statement
—
—
Week
ending Aug.
3,
1877
Receipts. Shipments. Stock
Augusta,
Ga
Columbus, Ga
Macon, Ga
Montgomery, Ala .
Selma, Ala (est.)....
Memphis, Tenn. ..
Nashville, Teno...
.
Total, old ports
Dallas, Texas
Jefferson, Tex.
Shreveport,
..
La
Vicksburg.Mlss
457
85
30
1,255
12
71
1,047
964
2,477
12,503
5
11
123
107
40
43
116
32
1,436
32
Atlanta,
47
Charlotte, N.C
St. Louis, Mo.. ....
Clnoinnatl.O.......
new
porta
Total, all....
329
157
43
46
35
561
512
8
327
140
4,038
71
1,152
5,657
133
192
*140
4
7
254
478
SO
125
17
17
4, 1876.
as
1,523
1,596
1,076
1,439
875
16,tll
749
319
965
131
708
2-1
'280
16
145
3,832
265
20
79
257
579
i*s
136
119
'228
2,797
5,t80
201
1,026
304
1,070
3,118
10,231
2,066
2,340
3.21'
7«9'
17
95
Week ending Aug.
Receipts. Shipments. Stock.
1!8
"65
Griffin,
Total,
928
1,755
45
40
345
i:.i'iintm.i,Mii>>(i'«Y.
Ga
Ga
Rome, Ga
821
142
82
46
60
538
779
SOO
7,216
Eufanla, Ala
80. SOO
ll-l
4.500
1.71)0
bales.
500
1,200
1.500
eta.
11-56
1MJ
3,10'
l.kOa.....
MO
i;-e»
For September.
600
11-97
11-98
11-99
3/00
For An gnat.
wo
tVM
soo... .
2.80J
800
"00.....
l.MXI
930 total July.
11-0
900
1008. n. 6th. .it--.ii
300
11-71
800
li-72
11-73
800
800
11-71
eta
11-95
1,800....
2,310
1.400
11-59
11-81
The following exchanges have been made during the week:
•51)
Total American
Total East India, Ac
mi
Duli, unchs'ed....
Aug.
SALES.
sump. ulate
25
.
2
0
sat
TOMdap
Wednesday
Aug.
Frl.
11
U*
II*
Spec- Tran-
Con-
Qa'et.st'y .higher.
.
!
8ALE3 OF 8POT AND TRANSIT.
Spot Market
Saturday
Aug.
'.0 5-16
10 3-16 10 3-16
13-16
10 15-16 10 13-16
10*
Strict
31
.11-31
Feb.
For March.
200 total
11-28
—
July 28 July 30 July
200..
200
200
100
100
American
Hon Tues Wed Th.
Sat
Jan.
For FebrnaiTT.
Dec.
100
500
3.700 total
For January.
Not.
21)0
oalel.
...11-11
11-19
809..
son..
700..
50".
100..
600..
1,000..
11-25
11-17
11-30
11-31
11-35
10,400 "total
total Oct.
26,5110
800..
1,W0..
....lt-18
....11-19
...11-20
...11-21
.11-22
100
60)
11-61
11-82
(Mil
..
1200...
200...
200...
1.400...
1,300..
2,1 U
U-o9
v.-m
1,800
.
tu.
balea.
balea.
10
ill-..,
13-16
12 1-16
12 5-16
Aug.
9-16
IC 15-16
11 3-16
11 7-16
10
11*
11*
I?*
12*
12*
13*
15-16
12 3-16
12 7-16
12 13-16
12*
13*
9-16
11
9-16 10*
10 15-16 11
11 3-11
11*
11 7-16
11
Aug.
13
11
11-16
31
12*
1
II*
12*
12*
July
12*
13-6
H
1
13
10
9-16
Aug.
10 11-16 10 11-16 10 11-16 io u-ie
11 I-M
11 1-16
li :-:6
11 1-16
11 5-16
11 5-16
11 5-16
II 5 16
rtx
IC*
10*
18 7-16
10 13-16
1-16
a*
11
Aug.
31
12*
12*
Th.
frt
July
11 10-16 11 15-16 II 15-16 11 '.5-16 11 15-16
12
12*
12*
12*
12*
12'.
12 %
12*
12*
'Hi
.
Ordinary
1
iO 9-16 110 9-16
ft.
:
.
fHE CHRONTCrx
4, 1877. J
Crop
Kew
.
185
340
552
i,?79
1,516
4.8.-16
23,473
85
THE CHRONICLE.
118
enough to do much good. Caterpillars have certainly appeared,
although the injury done is as yet limited. The rainfall during
July has been one inch and thirty-four hundredths.
Savannah, Georgia. It has rained once this week, the rainfall
reaching one inch and one hundredth, but the rest of the week
has been pleasant, with two very hot days. The thermometer
has averaged 85, the extremes being 71 and 100.
Augusta, Georgia. During the earlier part of the week we
had one " showery " day, but the latter part has been clear and
phasant. The showers were delightful, and have proved very
beneficial to the crops in this section, which are fifteen to twenty
but reports are good, indicating that
days later than last year
The above totals show that the old interior stocks have
decreased during the week 1,513 bales, and are to-night 10,966
bales less than at the same period last year. The receipts at the
lame towns have been 188 bales less than the same week last year.
Weather Reports by Telegraph. —The feature in our
reports this
week
is
tier of counties in
cate about a
week
—
the announcement that picking in the lower
Texas has generally begun this would indi-
—
;
earlier condition of the crop in that section of
however, are still doing
weather has turned hotter and
drier, the conditions for their development are less favorable.
Elsewhere the crop has during the week made good progress, the
temperature being generally higher, and the late rains having
the State than
harm
Caterpillars,
last year.
in those counties, but as the
been very
;
the yie'd will fully equal last season. Average thermometer 97,
highest 100 and lowest 74. The rainfall for the week is two
hundredths of an inch, and for the month one inch and eightyfive hundredths.
Charleston, South Carolina. It has been showery three days
this week, the rainfall amounting te eighty-three hundredths of
an inch. The thermometer has ranged from 73 to 100, averag-
—
beneficial.
—
has rained here on one day, a sprinkle,
the rainfall reaching three hundredths of an inch. The thermometer has averaged 86, the highest being 97 and the lowest
78. In the coast belt, caterpillars are reported everywhere and
Galveston, Texas.
It
ing
85.
The following statement we have
begun in this vicinity.
month has been one inch and eighty-six
Aug.
The
parison:
rainfall during the
We
2.
r~ Ang.
—There has been no rainfall here this week
much damage has been doneby caterpillars.
72.
—
—
The
rainfall is thirty five hundredths of an inch.
Nashville, Tennessee.
have had rain on two days this week,
to a depth of fifty hundredths of an inch. The thermometer has
ranged from 72 to 91, averaging 81.
Memphis, Tennessee. Rain has fallen on two days this week,
the rainfall reaching twenty five hundredths of an inch, but
— We
—
the
remaining five days have been pleasant. About half the crop is
very grassy, with a light bottom crop. Average thermometer 83
highest 93 and lowest 72.
Mobile,
Alabama.
— There has
been no rainfall here this week,
and the crop is developing promisingly. In many counties caterpillars have appeared, though no damage of any consequence
is
reported, and if the present dry, warm weather continues, little
is apprehended.
Average thermometer 87, highest 100 and
lowest 76. The rainfall for the month of July this year is three
inches and seventy-four hundredths; and last year five
inches
and thirty-eight hundredths.
Montgomery, Aldbama.^-lt has rained here on one day this
week, the rainfall reaching seventeen hundredths of an inch, but
the rest of the week has been pleasant and warm. The crop is
developing promisingly, and accounts are more favorable
Average thermometer 66, highest 99 and lowest 73. The rainfall
for
the month is three inches and forty-three hundredths.
Selma, Alabama. Telegram not received.
Madison, Florida. Telegram not received.
Macon, Georgia.— It has rained here on one day this week
The thermometer has averaged during that time 84, the hip-heBt
K
being 100 and the lowest 70.
First bale of the new crop was received this(Fridav1
afternoon
It was classed as low middling, sold for fifteen
cent's, and was
shipped to Inman, Swann & Co., New York.
Atlanta, Georgia.—The weather here has been warm and
dry
all the week.
The thermometer has averaged 87, the highest
being 92 and the lowest 78. The rainfall during the
month has
been three and twenty-five hundredths inches.
Columbus, Georgia— Rain bee fallen here this week to a
d«pth
el eeventy-seven hundredths pi an inch,
bat it has not been
—
—
,
Inch.
5
IS
1
6
8
Missing.
26
4
8
3
4
11
5
—
Bombay Shipments. According to onr cable despatch received
to-day, there have been 1,000 bales shipped from Bombay to Great
Britain the past week, and 1,000 bales to the Continent ; while
the receipts at Bombay during this week have been 2,000 bales.
The movement since the 1st of January is as follows. These are
the figures of W. Nicol & Co., of Bombay, and are brought
down to Thursday, Aug. 2
^Shipments tliteweek^ — Shipments since Jan. 1—
Receipts.—
Great
ConGreat
ConSince
Tht»
Britain, ttnent. Total.
Britain, tlnent.
Total,
week.
Jan. l
:
,
1877
1876
1875
1,000
1,000
2,000
1,000
....
1,000
371,000
615,1100
773,000
393,000
770,000
345.000
880,000
399,000 1,177,000
2,005
BSi.OOD
2,000
982.0C0
2,000 1.238,000
From the foregoing it would appear that, compared with last
year, there is an increase of 2,000 bales this year in the week's
shipments from Bombay to Europe, and that the total movement
since January 1 shows a decrease in shipments of 90,000 bales,
compared witn the corresponding period of 1876.
—
Oolumbus, Mississippi. Telegram not received.
Little Rock, Arkansas.
The first four days of this week have
been cloudy, with light rains on Friday, Sunday and Monday.
Since Monday the weather has been clear and warm. Crops are
well cultivated now, and the prospect is rather better than ten
days ago. Average thermometer 83, highest 98 and lowest 70.
3, '78
Orleans reported below high-water mark of 1871 until
Sept. 9, 1874, when the zero of gauge was changed to high-water
mark of April 15 and 16, 1874, which is 6-10ths of a foot above
1871, or 16 feet above low-water mark at that point.
—
and the lowest
,—Arjg.
Feet.
New
—
—
13
3
10
20
Nashville
Above low- water
Shreveport. ...Above low-water
Vicksburg. ...Above low-water
The
The weather is
crop, though late, is doing as well as possible.
very hot. The rainfall for the month is two inches and thirty
hundredths.
There has been rain here on one day, a shower,
Dallas, Texas.
which was very welcome. The fields are clear of weeds and the
crop is developing promisingly, though the growth is small.
Average thermometer 87, highest 98 and lowest 73. The rainfall
The Vain fall during the month has been two and
is one inch.
eighty hundredths inches.
New Orleans, Louisiana. It has rained on two days this week,
the rainfall reaching Bixty five hundredths of an inch. The
thermometer has averaged 82.
The rainfall for the month of
July is seven inches and seven hundredths.
Shreveport, Louisiana.
The weather during the week has been
favorable and crop prospects are promising. There has as yet
been no appearance of worms. Average thermometer 87, highest
99 and lowest 75. The rainfall during the week has been fiftyfive hundredths of an inch.
Vicksburg, .Mississippi.
It has been showery one day this
week. The thermometer has averaged 84, the highest being 99
Above low-water mark
mark
mark
mark
Memphis
Pick-
and twenty hundredths.
70 to 103, averaging 83.
'77.^
Inch.
New Orleans. .Below high-water mark
;
—
The thermometer has ranged from
5.
Feet.
ing has been commenced. Average thermometer 88, highest 100
and lowest 76. The rainfall for the month of July is two inches
and two hundredths.
We have had rain on one day of the week
Corsicana, Texas.
(delightful showers, which have apparently extended over a wide
surface), the rainfall reaching one inch
by telegraph,
of the rivers at the points named at 3 o'clock
give last year's figures (Aug. 3, 1876) for com-
hundredths.
Bevertheless,
also received
showing the height
are doing great damage. Picking has been
Indianola, Texas.
XXV.
[Vol.
Our cable despatch also states that crop advices are again more
The rainfall had been very small and considerable
j
favorable.
i
anxiety began to be
felt;
but the late rains have improved the
prospect decidedly.
j
—
Fertilizers in Georgia. We have received this week
from Mr. Janes, the Commissioner of Agriculture of Georgia, his
report with regard to the extent and nature of the manures
used in that State the past year. As we understand it, according
to Georgia lawall manures sold there are required to be inspected
and analyzed. Hence the following exhibit of the quantity of
fertilizers inspected for the Georgia market the past two seasons,
as given by the inspectors in this report, must indicate the consumption:
.
TON8 OF FERTILIZERS INSPECTED.
„ A. ,,
By
Means,
Inspector,
Chatham County
O. P. Fitzsimons, Inspector, Richmond County
Jas. S. Lawton, Inspector. Fulton County
John W. Janes, Inspector, Floyd County
J.
Emmett Blackshear, Inspector, Bibb County
W. Mason. Inspector, Clarke County
Season of
1876-7.
Tons.
Tons.
S'.est
17,379
6,660
34.423
29,383
9,577
750
140
980
426
Geo.
E. C. Hood. Inspector, Muscogee County
Geo. C. Wheeler, Inspector, Catoosa County
,
1875-6.
A\<)
147
Totals
103
69
55,316
75,824
This statement shows that there were 20,508 tons more
inspected for 1876-7, than for 1875-6, indicating a very marked
increase in the demand for commercial fertilizers in Georgia;
and yet the Commissioner says that the general testimony is that
much more
could have been sold, if the manufacturers could
have supplied it.
Of the 75,824 tons inspected during the past season, 12,843
tons were placed on the marset as acid phosphates, to be com
posted with home manures, and 62,982 tons were sold as animoniated manures. For the previous season (1875-0), 6,499 tons were
acid phosphates— the quantity of this class of fertilizers having
nearly doubled during the last season. This is an encouraging
fact.
For the season of 1875-6, 11-66 per cent were acid phosphates; while for 1876-7, notwithstanding the great increase in
the quantity of fertilizers sold in the State, the percentage of
acid phosphates has considerably increased, being 1682 per
cent of the total quantity.
The average commercial values and cash prices of all fertilizers
for the last three seasons are as follows:
,
,
Average commercial
value
Average cash price
,
The average time
1874-5.
$40 53
1875-6.
1876-7,
*40 37
60 38
4665
£34
v 18
iS
price for all fertilizers for 1876-7
n
-$55 97,
ton.
The average price per
pound allowed for cotton in payment for fertilizers for 1876-7 is
14-39 cents.
and cotton option price $62 13 per
is
—
.
.
:
August
4,
—
(iiNNV Bags, Bagging, Etc.— Bagging has been in only fair
the past week, and sales reported foot up about 2,000
rolls at 12J@12Jc.
The market is regarded as steady for both
spot and future at 12J@12|c. for 24 lbs., 12i®12ic. for 2fc lbs.
aud 12J(")128c for 2 lbs. The deliveries for consumption in July
ware 18,000 rolls. India gunny cloth is selling in very small lots
at 9J@10c.
Jute butts have continued quiet in our market,
though firm in price, with a stock of 15,900 bales in New York
and Boston and a probable supply of only 60,000 bales for the
balance of the year. This is something short of what it has been
the past two seasons, and future prices will piobably rule firm.
The Bales on spot here are about 400 bales, at 3i@3fc., cash and
time, and in Boston 4,300 bales to arrive at a private price
reported at 3jc. The deliveries during July from New York and
Boston were 8,500 bales.
Livkkpool, August 3—3:30
P.
— Estimated
M.
week
bale?.
American .«
Of which exporters took
of which speculators took
Total stock
of
which American
week
Total Import of the
of
which American
Actual export
Amount
afloat
of which American
The following
m
©a*
Mid. uprds
Mid. Orl'ns
W51000
61S.OO0
38,000
20,000
3,000
210,000
56,000
;3S,000
3.000
21,000
4.001
1.000
937,000
613,000
32,000
21.000
4,000
191,000
31,000
show the dally closing prices of cotton for the week
Hon.
Tnes.
Wednes. Thura.
Fn.
..©8 3-16 ..mw
..as*
..ma
..®6x
table will
8atnr.
9//Ot.
61,000
4.000
31,000
8,000
3.000
915,000
614.000
31,000
26,000
4,000
205,000
40,000
58.000
5.000
37,000
3,000
3.000
57.000
3.000
37,000
4,000
4,000
9S1.000
635.000
31.000
81,000
3,000
235.000
bS.000
Forwarded
5-16
119
mw tobc.
BECE'TS FBOB
This
week.
New
Orleans.
Sept
2,562
3,449
551
Texas
Savannah
wise stated.
1
168,783
8'l,273
15,169
9,546
125,535
2(1,6 1H
Mobile
raiLAoiLr'iA
SALTUtoaa.
This Since
week. Sept. I.
This Since
week. Septl
178
2,780
18,9(8
MM
97
7,508
Florida
3'th Carolina
S'th Carolina
Virginia
Horth'rn Ports
""l
98
367
isiioi
101.116
79,159
822.966
1C3
!2.W8
224
'sis
196
19.401
56
157
8l'.4(i6
13.7M
59,101
48
1,152 102.042
178 99,503
6!
41,966
5,781
Tennessee, Ac
Foreign..
1
121, 170
25
6,424
Total this year
7,381
926,793
1,525 312,551
239
b3,741
310 121,990
Total last year.
4,260
922,648
i,v36 292,983
312
52.916
394 110,808
—
Shipping News. The exports of cotton from the United
States the past week, as per latest mail returns, have reached
So far as the Southern ports are concerned, these
14,875 bales.
are the same exports reported by telegraph, and published in
last Friday.
With regard to New York, we
include the manifests of all vessels cleared up to Wednesday
night of this week.
The Chronicle
Total bales.
Naw Toiuc—To
Liverpool, per steamers Egypt, 1,576 ...Montana. 1.500
City of Richmond. 540 ...Algeria, 500
Copernicus, 1,118...
per ship Pcnthesila. 687
Tolleval, per steamer South Tyne, 3,050
New Orleans— To Liverpool, per steamer Andean, 1,956. ...per ship
Balen, 4,001
To VeraCruz, per steamer City of Mexico, 96
Boston—To Liverpool, per steamer Iberian, 151
Total
:
..©6 7-16 ..@(S 7-16 ..®6>i
..@« 5-18 ..@6 5-16
Futura.
These sales are on the basis of Uplands, Low Middling clanse, unless other-
This Sine*
week. SepM.
Since
By Cable FROM LIVER-
sales of the day were 7,000 bales, of which
1.000 bales were for export and speculation.
Of to-day's sales
5.250 bales were American. The weekly movement is given as
follows
Aug. 3.
Jnly 13.
July SO.
July 27.
Ba'es of the
,
THE CHRONICLE
1877.]
demand
POOL.
—
:
5,611
8,030
5,957
96
151
14.875
The particulars
of these shipments, arranged in our usual form,
are as follows
•
Eeval.
Vera Cruz.
5,681
5,957
151
3,050
...
11,7*9
3,050
Liverpool.
NewVork
NewOrleans
Boston
Total.
8,671
6,053
151
96
....
....
....
Saturday.
July dcliverj-. 6 7-32d.
July-Aug. delivery, G S-16d.
Nov.-Dec. shipment,
Aug.-SepU
Oct.-Nov. delivery, 6Xd.
new
Total
crop,
sail
6 7-3 id.
delivery, 6 7-32313 16d.
Sept-Oct. delivery, e&d.
[
Nov.-Dec. shipment,
sail,
6 3-16d.
Sepf.-Oct. delivery, 6 S-16d.
new
Nov.-Dec. shipment,
8ept.-Oct. delivery, 6 7-32d.
news received to date of
vessels carrying cotton from United States ports
, ,
d.
I
Oct. -Nov. delivery, 8 3-ied.
Wedn'day. J«@!)-S2
Thursday.. £@rt-32
Friday
*@9-32
Thursday.
Ang.-Sept. delivery, 6 S-32S.
Oct--Nov.
new
shipm't,
new
crop,
sail,
new
crop,
sail,
crop,
sail,
Dec-Jan. shipment, new crop,
6Xd.
shipm't,
Vt
c.
Fbidat. P. M., Aug.
feature has been a pressure to
Sept.-Oct. delivery, 6 l-16d.
Dec. -Jan. shipment, new crop. sail.
•"
Aug.-Sept. delivery, 6 l-16Sl-32d.
8ept.-Oct. delivery, 6 3~t2d.
Oct. Nov. delivery, 6)03-32d.
Nov.-Dec. shipment, new crop,
6 1-lCd.
6 l-16d.
Ang.-Sept delivery, 6
8*,
1877
New
Cotton! bale*) from
New
Vorli since Sept. 1
much.
decline
to
1'..
'$
July
August
ib.
f.
tion
3,179
5,e:i
379,113
886,662
1,083
9,3ti
\ .
PI.
Europe.
580
9.338
9,365
8,050
15,089
2,878
9,'X1
23.833
8,504
35,93}
3,050
27.128
67,271
•pain .OponoAGlbralUrAe
all others
-»
750
Total Spain, *e..
Total....
4,949
8,3*6
3,179
8.671
and the
is
found
is
$5 50@6.
at
Bye
flour is dull
decidedly lower, in the absence of demand.
and corn
To-day, the
market was dull and high grades drooping.
also
been dull and drooping on the
though bo scarce that business was necessarily limited,
and % 1 27@1 29 for No. 2 spring, seller September. Supplies are fair at the West, notwithstanding the
railway strike, and a good deal of winter wheat is reaching the
seaboard through irregular channels, not being reckoned in
regular statistics. Crop accounts continue good. To-day, the
market was steadier, and futures closed with a good demand.
No. 2 spring at f 1 28 for September, No. 2 red winter, % 1 43 for
August and $1 38 for September.
Indian corn has materially declined for parcels on the spot,
owing to the resumption of railway transportation and an
increase in current supplies but for future delivery prices have
been pretty well maintained. A feature of the market is the near
approximation of prices for "steamer mixed " and No. 2 or sail
mixed, there not being more than \c. difference yesterday.
Receipts at the West were liberal last week, notwithstanding the
interruption of railway transportation. The weather in some
3,306
Other ports
active for export,
considerable portion of the stock
the range of $1
4,3t9
530
A
For future delivery prices were variable, but business mostly ia
Total to
.
The lower grades have been
not great.
year.
379,678
6,981
Hamburg
some ol
not reduced
date.
343,619
35.431
Bremen and Hanever.
is
causing some difficulty in arriving at approximate quotations
5,621
Total French
under which prices have
Same
3,179
Other Freneh ports
sell,
as a dollar a barrel for
period
prev'ue
3,306
Britain
is
have been closed out
meal
18T6
4,369
Clt.
much
—though the range of quotations
The wheat market has
,
Liverpool
Other British Ports
Havre
— as
Total
to
WEBS BHDnro
July
materially
be sour, and several thousand barrels of extras ia this condi-
spot,
IXPOHTKD TO
way
the higher grades
so
New
of
given
l-18d.
Sept -Oct. delivery, 6 8 32d.
Oct.-Nov. delivery, 6Xd
sail
Thb Exports of Cotton from
York, this week, show an
increase, as compared with last week, the total reaching
S 671
bales, against 3,179 bales last week.
Below we give our usual
table showing the exports of cotton from
York, and their
direction, for each of the last four weeks; also the total
exports
and direction since Sept. 1, 1876; and in the last column
the total
for the same period of the previous year:
Grand
comp.
c.
c.
6 3-32d.
Ang. delivery. 6 l-16d.
Total to
H
X
X
c.
— 9-16 comp. — comp. —
@c
— 9-16 comp. — JiX comp. —®—
— 9-16 comp. — comp —®
— 9-16 comp. — X
•£ comp. —®
— 9-16 comp. — jj comp. —@—
— 9-16 comp. — X comp. —®
c.
comp.
comp.
comp.
comp.
comp.
comp.
In the flour market for the past week, the most conspicuous
sail,
Fbidat.
Exporl.
\'i
!4
,
BRE ADSTTTFFS.
6 3-32d.
Nov.-Dec.
6 3-3M.
c.
X
X comp.
X comp.
X comp.
X comp.
X comp.
——
.
quiet.
1-lSd.
sail,
6Xd.
Jan. -Feb. shipment,
Market
Aug. delivery, 6
8ept.-Oct. delivery, 6^d.
Oct.-Nov. delivery, 6 5-S2d.
Nov -Dec. shipment, new crop,
d.
Saturday.. X@<>-32
Monday.... XQSSi
Tuesday. .. £a9-3i
:
—
——
Oct.-Nov. delivery, 6 5-32d.
Nov.-Dec. shipm't, sail, exd.
Wednesday.
Ang.-Sept. delivery. 6 3-32d.
Sepu-Oct. delivery, 8 5-3>d.
:
all
Tuesday.
I
&c, to
veston, May 17. for Bremen. It is believed that the schooner sank with
hands, for the crew of the Dependence lowered boats and polled,
about for some time, but could find no trace of the vessel or crew.
Cotton freights the past week have been as tollowa
-Liverpool.—
Havre.
,
Bremen. ,
HambHre:.—
Steam.
Steam. Sail. Stead.
SaU.
Sail. Steam.
Sail.
crop, sail,
6 5-SJd.
July delivery. 6 3-32®},' d.
Aug.-Sept. delivery, 5*@3-321.
Sepu-Oct. delivery, 6J»d.
1^875
96
disasters,
all
William Hunter (Nor.), Nlalsen, from Galveston, May 17, for Bremen. The
brig Dependence (Br.), while on a voyage from Plymouth for Sanderland, was greatly damaged by collision night of July 23, wilh a fore and
aft schooner, be.ieved to be the ffm, Hunter (Nor.), Nielsen, from Gal-
Mondat.
Jnly delivery, 6 7-32&3-:6d.
July-Aug. delivery, 6 6-3M.
Ang.-Sept. delivery, 6 8-16®3-32d.
Below we give
11
409
3,610
4*1
419,919
463,719
h f 1 wlng re tne recel Pts of cotton at New York,
Boston
•J, j ? L°.
J !, ,
ThiladelDhiaand
Baltimore for the past week, and
since Sept. 1. '7«.
42@1 44 No. 2
seller September,
;
red, seller
August, and $1 38@t
30,
:
:
,
THE CHRONICLE
120
Bold
the market was only moderately active. Steamer mixed
October.
at 60@60ic. on the Bpot and September, and 61c. for
Eye has been pressed for sale at weakening prices, until yester-
September
Crop prospects are said to be good,
Barley is nominal.
especially as regards quality. Canada peas are dull.
There has been a good business in oats, but at variable and
irregular figures closing weak at 38@43c. for No. 2 graded, mixed
at 69c.
for
;
are the closing quotations:
The following
Plods
So. S
Superfine State
&
¥
Oraih.
I
.
bbl.$3 00®
4 40
Wheat— No.3spring,bush
,
No.2spring
No. 1 spring
West-
ern
5 253 R 65
6 603 6 40
Sltra State, Ac
Wheat
Spring
Western
extras
i
.
003
753
6
6
doXXandXXX
do winter X and XX..
do M nnesota patent*
6 68
8 75
8 75
9 75
7 60
6 15ei,
7
5
.
City shipping extras.. ..
City trade and family
00®
853
I
|
|
I
I
The movement
3
3
40©
003
503
1
1
1
35S
633
653
45®
553
603
56@
i
Rye
Oats— Mixed
White
Barley— Canada West...
5 15
3 SO
3 60
i
|
i
34
.
Malt— State ....
Canadian
Peas-Canada.bond&free
time
1876.
2,156,249
109.854
16.709,255
12.854.0S7
657,796
2,251,063
6,772,545
Flour, bbl«.
C. meal, "
.
Wheat, bus.
815,04-2 15.016,215
.
"
Barley . "
Oats ..."
414,053
8.035,260
5,136,949
35,716
55,015
69,433
.
.
.
•--•
1
54
1
60
65
1
61
Duluth
Toledo
Wheat,
Flour,
bush.
bble.
At—
(196 lbs.)
Chicago...-—
... .
21,892
15,625
ioa
i
1
-EXPORTS FROM SIW YORK.
For the
week.
10
so
15
fol-
——
-1876
1877.
.
For the
Since
Jan. 1.
week.
655,662
27,513
1.34,211
2.851
119,500 4,809,519
595,e70 13,038,877
19,555
781,879
651,691
28,500
2,000
94,848
6f:2
1,821
•1,250
6,577
950
Corn,
bush.
(60 lbs.)
(56 lbs.)
62.636 1,681.053
241,845
110.472
83,215
16,100
156,042
3,600
621,520
48,180
76,882
789,092
72,824
896,922
116,041 2,829.018
Since
Jan,
1.
26,132 1,121,761
6,201
108,812
447,621 16,770.919
4-30,190 9,365,263
140
536,683
8,000
19,235
827,106
the move-
Detroit
in
In
In
In
In
store at
store at
store at
store at
store at
Louis
Boston
Toronto
Montreal
St.
84.S90
249,530
18,504
11.900
148,890
72,000
Oets,
bush.
(82 lbs.)
116,501
22,070
2,109
53,705
6,503
28,187
16,800
Rye,
bush.
Barley,
bush.
(48 lbs.) (66 lbs).
62,521
14,418
920
7,008
658
....
1,350
1,161
10.0JO
17,246
17,224
11,126
8,152
80.666
37.019
38.719
89.103
to date 2,233,842 10,891,(25 42,697,595 10.645,667
8,719,182
2,970,439
1,645,255
2.220,143
8,492,032
7,607,087
5.472,493
7,007,673
939,927
997,346
•76
....
In si ore at Indianapolis
In Btore at Kansas City
In Btore at Baltimore
Rail shipments,
....
week
8 1,700
403,849
24,000
1« do
Lake
do
Afloat in
New York canals
...
1,975,455
1,962,039
Totai
July 21, 1877
July 14,1677
July29. 1876
4,16'»,812
9.181,217
1,2-27.5-18
44,691
Barley,
bush.
Rye,
bush.
30.633
8,500
44,686
70,956
84,380
26,707
72.000
6,310
68.486
12.18S
49,'85'4
600X95
'iao
1,006
46.247
10,520
67,293
66.0C0
252.000
4-i.OOO
80,0riS
118,822
8,500
85,036
400,000
44,640
94.251
231.65!
284,086
1C0 805
8,555,773
1,830,000
15,7.-<0
9,439,891
9,556,541
8.172,069
7,544,063
29,341
18.000
4.929
12,290
6,145
4s'.2i5
L823
9",666
729
48
24.191
6,811
2,551
l',004
313,000
3,066
60.836
10,000
11,941
1,725
25,000
1,812,092
1,680,756
2,141,303
3,373,333
343,243
860,116
392,703
552,702
195,745
179.754
250,070
18,278
1
108,214!
2,201,767
3,94!,
DM
1,701,426
1,810,468
Friday. P. M., Aug.
There has been a moderate increase
volume
in the
the past week, caused by the arrival of a good
trade with a fair degree of spirit.
The event
1877.
many Southern
and Western buyers who have commenced operations
fall
3,
of business
for
the
week was
of the
a large peremptory trade sale of about 2,000 cases of dark prints
which was made by order of the Richmond Manufacturing ComThere was a large company of buyers at the
pany.
sale,
and the
competition was brisk, but the prices obtained were rather below
expectations
— averaging 6fc.,less a discount of 5 per cent 60 days
Dress goods were opened by most of the leading agents and met
245,872
371,824
335,683
807,653
CJrresp'ngweek,'7 i
117,651
14h,367
120,OuO
72.000
12.577
71,165
84.669
60,000
1,110
21,923
30,660
bush.
680.310
27,000
37,707
175,298
11,147
THE DRY O-OODS TRADE.
1
RECEIPTS AT LAKE AND RIVER PORTS FOR THE WEEK ENDING
JULY 28, 1877, AND FROM JAN. 1 TO JOLT 28:
1
Chicago
Milwaukee
bnnh.
867,935
16.500
205,781
Estimated.
903
1
market has been as,
The following tables show the Grain in sight and
ment of Breadstuff's to the latest mail dates
Total Jan.
Buffalo
tnstore at Oswego*.
a
903
Barley
Same
,
1
48
60
207,863
600
103,339
286,891
206,755
XXV.
State, 4-rowed
HEW TORK.
Since
For the
Rye,
Albany.
..©
State, 2-rowed
in breadstuffsat this
-1877.
"
In ttore at
In Btore at
In store at
In Btore at
In store at
In Btore at
In store at
...a
:
-RECEIPTS AT
1
623
693
Southern, yellow
|
I
Rye flour, superfine
Gornmeal— Western, &c
Corn meal— Br'wine. &c
1
Corn-We8t"n mixed, new
Yellow Western
.
A
4
$1
1
Red Winter
Amber do
White
7 753 8 50
brands
Southern bakers' and fa7 50a 9 00
mily brands
6 253 7 25|
Southern ahipp'g extras.
Corn,
New York
Oats,
Cprn,
bush.
to store at
Philadelphia*
In storeat Peorio
and white.
lows
Wheat,
To-day,
sections has been rather too cool for the growing crop.
day No. 2 Western sold
[Vol.
with fair
sales.
There was also a steady movement
in hosiery,
and more inquiry for shawls and skirts was made by distant
buyers, but staple cotton and woolen goods were on the whole a
little
slow.
Domestic Cotton Goods.
this port for the
— The exports
week ending July
were shipped as follows
Brazil, 210 packages
:
Great Britain, 127; Argentine Republic, 22
20
;
of cotton goods
31 were 632 packages,
and the remainder in small
was no material change
;
;
from
which
Venezuela, 160
France, 23
lots to other countries.
;
;
Cuba
There
in the condition of the cotton-goods
market, and, while the demand was rather light, priceB ruled
Brown sheetings and drills were
and bleached cottons moved slowly at unchanged
Total Aug. to date
prices.
Colored cottons were taken in small lots for keeping up
Same time 1875-6..
Same time 1874-6..
assortments, and corset jeans were in limited demand. Prints
Same time 1873-4..
were quiet under the influence of the impending auction sale
» Estimated.
referred to above, and there was only a moderate movement in
SHIPMENTS OF FLOUR AND GRAIN FROM WESTERN LAKE AND ginghams. Print cloths were dull and weak, with a tendency
BITER POUTS FOR THE WEEK ENDED JULY 28, 1877,
toward lower prices, and, at the close of the week, extra standard
AMD FROM JAN. 1 TO JULY 23
64x64 cloths wore offered at 44@4Jc., standards at 4 l-16c, and
Same time
1875
1
2,915,768 :6,444.4H6 42,404,348 13,836,703
3,658,885 30,381,288 47,735,509 10,681.370
3,539.831 42,961,253 38,390,716 14.577.254
.4,8*2,534 89,684,510 81.616.506 21,691.651
.6.313,369 66,287,202 62.903,040 28,489,340
.6,327,844 65,820,727 46,965,218 22.691.127
.6,8C9,8j5 62,947,896 62,818,017 25,836,164
1,511,029
755,995
i.897,878
2,427.166
1,227,6)9
1,761,216
steady at current quotations.
lightly dealt in,
:
Flour,
bbls.
62.525
100,601
86,369
108.295
104,006
100,876
61,653
July 58,1877
July 21, 1877
Cor.
tlor.
week '76
week '75
week '74
week '73
week '72
Cor.
Cor.
Cor.
Total Jan.
Same time
Same time
Same time
to date. 3, .310,126
1876. ....£, 127.303
1875
2,,603,718
1874
8,,156,815
1
Wheat,
bush.
849,984
459,698
504,117
1,819.741
785,609
914,640
450,244
10,043.807
24,887,133
86,600,916
83,455,125
Corn,
bush.
Oats,
bush.
Barley,
bush.
Rye,
bush.
2.582.996
146.283
31.074
12,866
2,346,873
344.756
73,677
17,283
1,591.818
880.981
3,035
15,759
1,733.914
U3.175
8,334
18,016
1,195.015
201,269
17,768
2,819
1,759,199
128,838
8,b29
700
2,156,916
271,110
11,309
10,174
36,732.29! 8,003,101 8,104,202
821,831
36,803,846 14,150,544 1,32-2.3(0
891,445
21,636,232 7.6'.i9,248
879,131
304,816
27,567,714 9,05a,4W 1,266,829 8,379,425
RECEIPTS OF FL9UR AND GRAIN AT SEABOARD PORTS FOR THE
WEEK ENDED JULY 23, 1877, AND FROM JAN. 1 TO JULY 28
:
At—
New York
Bostra
Portland
Montreal
Philadelphia
Baltimore
New Orleans
Flour,
Wneat,
bbla.
83,701
16,432
l.iCO
15,461
4.360
6,871
11,375
busn.
99,703
49.6C0
139]884
30,400
164,200
1.574
Corn,
bnsh.
Oats,
Baney,
bush.
hush.
Rye,
bnsh.
885.019
94,098
5,5*0
191,380
75,800
88.260
46.300
1,000
9,600
57,956
683
"so
10,053
50,096
4,1100
5,800
Total
.
89.410
435,361 1,3,3,833
192,114
14,430
Previous week
108,053
860.611 1,510,181
.
576,8)6
101,815
Cor. week '7»
154.110
708,112 1,317,'25
551,0)1
;.8)5
Jan.l to date
..8,564,120 6,174,833 46.300,797 9,4)7,217 l,9S5,8'i5
Same time 1876... ..5,141,011 85,475,169 50,093,579 13,677,381 1,935,051
8»ma time 1875
5,131,758 32.971,301 29,329,479 9,589,1)13
312,979
Same time 1874
6,008,258 36,381,164 33,659,540 10,137,459
726,098
.
The Visible Supply of Grain,
too
56x60'sat 3ic,cash.
—
There was a less active demand
woolens than has been noticed of late, but prices
were firmly maintained because of the late heavy advance in
wool.
The larger clothiers have about completed their heavy
purchases, but there was a fair demand for moderate lots of
cassimeres, suitings, worsted coatings, &c, by the local trade and
Domestic Woolen Goods.
for men's- wear
Cloths and doeskins ruled quiet, and overcoatings were only in limited demand.
Kentucky jeans were quiet,
interior jobbers.
but steady, and
Southwark doeskins were advanced to 30c.
unchanged prices, and repelFlannels)
lents were taken in moderate lots to a fair amount.
were in steady demand, and deliveries on account of orJers were
made to a considerable aggregate, but blankets remained quiet,
and there was less animation in carpets than when last reported
Satinets were in light request at
upon.
53,456
15,566
37,133
697,650
810.328
115,185
040,707
comprising the stocks in
granary at the principal points of accumulation at lake and
seaboard ports, and in transit on the Lakes, the New York canals
and by rail, July 28, 1877, was as follows
—
There was a somewhat better demand
by Southern buyers, but transactions were
only moderate in volume. Dress goods and silks were lightly
dealt in, but ruled Bteady in price. Housekeeping linens were
Foreign Dry Goods.
for imported goods
distributed in fair quantities, but white goods, laces and embroi-
were devoid of animation. Men's-wear woolens were very
and in many cases prices are unnatisfactory to importers.
Fancy goods, small wares and trimmings were rather more freely
taken by interior jobbers.
deries
quiet,
"
An;r«T
—
.-
1
.
1877.
4,
.
THE CHRONICLE.
Importation. Of
The Importations ot dry goods at
l>ry tloodl.
this port lor the
week
1870, .have been as follows
1875
,
1878
Value.
Pkirs.
772
J368.389
,
.
Pkgs. Valne.
SUoafaetureeof wool..
do
do
do
M
Ki|"'(i« or liCHUiua Article* from New ii.m.
table, compiled Irom Custom House returns,
shows the exports of leading articles from the port of New York
to all the principal foreign countries, since Jan. 1,1877, the
totals for the last week, and also the totals since Jan. 1, 1877
and 1870. The last two lines show total value* Including the
value of all other articles besides those mentioned In the table
:
IMTSBSD rOR OONSOMPTIOK FOR THI *III SMniHS AUG.
silk
Btl
6M)
flcn'.'.
111,470
488,1*0
dax
75ti
17)111
469
150,i.'.34
1.014
.
coiton..
scellaneooe dry goods
Ml
WITHDRAWN FROM WAKEIIOUB* AND
Valne.
IT...-:,
1,0«
2
U9,8>1
,
S 3 S -~. ".-'.--. H". •'.--.-„". «> i™ 4.1°. «i..«.o«?q2io-_"oi $ 17 5 4 3
Dl«',M l! ;i ^*''*, n '".f2 -o-*"-T-*f'>f "?"--7 oil- i-&~ •nT'vi O)<*3 »ft rri rn t£
800,3117
if)
102,975
8,1186
$1,142,758
-p-,--n'»----nl-l:-.3'£t--©
SISSisliSS 5
IggMHS'lM
—
4
9" S £
»
'SSiiZQ*
£? J8 -G
1.'^ %.
*2.
O*
a—
l
W
do
do
do
545
296
88
867
281
cotton..
silk
flax
Miscellaneous dry goods.
Total
1.875
1,761
Aldenl'dforconBampt'n
$242,2(10
445
90,173
89,050
106.614
as
295
2O0
87
404
163
105,217
$416,279
U49
$291,811
1,156,795
8.986
1,412,758
$181,437
83.814
85,778
99
278
85
13,01.3
$Mi,148
68,8'.I3
11,355
1.115
3,618
1,573,772
Total thrown upon m'k't. 5,656 $2,115,918
do
do
do
—
cotton
483
275
68
160
.
silk
flax
II sceilaneonedry goode.
18
10,625
1,009
Total...
add ent'd for consnmpt't. 3,781
$443,883
6!3
118
$247,61?
80,076
123,980
68,720
80,872
101
821
28
$191,263
1,67:1,772
1,175
S,818
Total entered at the port. 4,790 $2,022,635
2,993
$1,343,060
*-*
r-4
9 *«f-Q
rig
£s
3
:
12*
21
«0^«
561
$259,352
453
154.020
175
120,1186
712
545
143,965
34,372
mo*)-
3»7.r.^H
•
««^
-t-
v
•»-
•
«3
•
-•S3
•S :3
f 711.795
1,442,758
S'
:
:SS
:
:SS
'•«"
'
6,437 $2,151,553
jj
JOO
•
•
-ej<>OiO
•
pgg
Same
Since
Jan.
1,'77
(F4
Cutlery
T.853
21.585
193.7U
Coal, tons..,
13.909
4,931
3.737
21.9 IS
Oocoa bags
U.SJ1
1,131,882
2,565
Drugs, AcBark, Peruvian..
Oil, Olive
82.678
2,494
3,711
914
36.73S
Qunnv
t>
r>
time 1876
•
«eO
•
:
:§
:
:
2,o7.'
52,493
1,162
SKi
370
Sugar, bxe
&
bags.
1,893,906
...
493.1.8
84,818
637
9)3,101)
617,i»31
...:
Tobacco
Wines,
j)
'8H
;2S*'5
value—
Curks
Fancy goods
Fish
Fruits,
Lemons
22,0.1=
8C,7l2
^l-
.
•
*
.
.
-
aOo"
*
4]
*1
«
a
10 13 ^
^
o:
35.0D2
467
1,655
1,824
266
84.
365.099
76,913
Since
3 a
49.213
Ginger
i6 832
320,263
316,119
615,756
1,19S.7?5
490.914
738,347
4.493.679
101,217
617.7(6
2,08 •,«*
75,597
45.56.
181,617
133,257
868.69.
3,334
2,234,'i6»
bales.
2,21 ,113
85,01(
i,304,?i.->
33,.VJ|
.sides.
2,377.67;
2,501,263
81
40,117
No.
..
Ilop<
.
Leather...
MefaMes..
MoIiim-...-a
.
.
.hhd-.
38:-,
.bbls.
67,287
Naval StoresCrude turp..bble.
Spirits lurp
Rosin
Tar
61,8 H
57.760
781.51
109.-5
461,883
I,"'
Fustic
, <r
(?»
tft
'W
so
«
«-.
*
•
rS9
^
bbls.
pkgs.
bbls.
bags.
Cheese
Cutmeats
pkgs.
'•
'•
..
Eggi
Pork
"
"
"
"
Beef
Lar.l
Lard
kegs.
pkgs.
Rice
Starch
Stearlne
•<
••
bbls
Suijar
.hh.li.
Sugar
Tallow
Tobacoo.
Tobacco.. ..hhds
. .
1,91
41,761
209,171
U.'llfil
189.16
10.81
Wuiskey
Wool
.bbls.
.bill
Drcnopil ho?*..
No
'CDWiNDwDXW
00
.r-cr.»o
•
"
-CO
"*»
'WV«
•
•
T-r
com
— an
•TeOO
-T
*T3-. U2f-5u _ 2
O«
CD ?" O
O©
« CO«
tOMv-T
v
w-
^-4*10 "M
S( )•
7-'
1,
331,i>83
37,007
82.781
and
657.61!
1,05 4,663
5(7,751
334,677
113.422
24,51
21 K.i
:S
1
20...205
ll.l-'.O
711
12,097
.19,1)05
114.480
61,038
08,511
81.284
f.9 182
—o
oc
:
JO
-
t»
«-•
=
irh:
-*u
CD -4
©o»
:S
-4M0
j
§!-
i
QO
34S
7<7-
.- -
•
eft—
•
)
"flj
•—i—
-
-x 2?
*
•352!
(»i9
*
•
.
flt
.
.
t-
I
!
J
i
•«o^'!^'-o
5"
(
,'
•!D'°-«c-o-t
<
i
-j
wa j. is
«i*
SfTJOO
O
*
•
"00*
•
©
-e?7>«
©eo»?^
S)4S
i
5 -a*
i
40,376
611,916
913,717
305,990
8S5.8 3
110.0-9
ais.in
22.77
—'
i
2,711
5-.
2I..',81
n
Ofifl
279,721
62.151)
JS
a
>—
"sriao
i
"oi*
w»—
©*
for
4,99
>^f|
*
——
OC
gs
-*i
•
as *
•
.
*3
I
7
.
2.610
168 732
11,511
63.096
.wp £«:
w
=»
=»
•
1877,
7
Oto*7*
er?««
Since
Same
Jan. 1,77 lime 1876
.
1,818
12,4X5.
'«"
:
1
411,053
.QO
«»
1
.in i>
113.573
101,263
880,333
92,999
261.275
58 513
115.3.x
257,52:
40,144
pkgs.
4,58')
3,620
Pitch
BreadstiuTs—
Oil cake
Flour
bbls. 1,191,655 2.156,349 Oil, lard
Wheat
bush. 2,90.',571 16,709.255 Peau its
u
Corn
15.016..15 12.884.067 Provisions
"
".,
S.'il:.
Oats ...
6,772,515
Butter
Hides
1
..« i
l
«-•
-TO
A'oods—
Same
•C0
TO
.eij-iXTTf
870,931
81.183
6 9,916
209,051
Ac-
Ashes
imp...,
"-**:> in
:3_3
c^. l".*"l-t 5*«^"3.
;
74933
697.165
42.332
449.536
::6,isi
5 8,139
581,034
7,119,936
165.644
Spices.
Cassia
•
:22 SS2
r:
•<iS
1,15.S,591
Jan. 1,'77 time 1876
H
Cl C5
'•• i'?
.
•
Oi'v-4
Receipt* or Domestic Produce.
Beans
bbls.
Peas
bu-h.
Corn meal.. bbls.
Cotton
bales.
•
•
*
<*)
,»IOO .tCO«0'0»!l
3i
— 3» ^ «aoo
-^
JOT'S
Svm^I •00
.Sw>
$
.
receipts of domestic produce sinc3 January
the same time in 187(5, have been as follows:
Barley A malt
Grass seed. ..bags
3:62
;
'a-loi/T-
o»
icO-M
n
.OH .-T-d»
•••
'"
-r*
fl*
$
Nuts
The
"
-.-.o
•
SJ»«W
419
82.165
Oranges-
1,017
2,828
21,717
1,602
912
X3 -
32,631
50,073
77.732
Ac-
Raisins
Hides, undressed..
Klce
7.1.351
.
= 1-0
.
:ES :3I* S
r
Ac-
1,782
77,811
822,731
.
^T.
.
cT-h
'S
3"*
21,fclk
4,0*4
1.751
Jewelry
Ryo
Ori
-•-
tntnto
«-7
'
'
—,
^
"0 7*T*- a'W 'OCg5>il«005
*-n-l 3D
— » T)
?J •noNriDr*'" ••*
am
flos"
443 591
Articles reported by
21.4S1
30,144
2,603
3,815
3,691
6.S66 S9i
110,989
4*1,410
2,56a
37.063
31,110
8,17*
3,532
87.985
Linseed
5"V«1
8.531
20,59:1
682
Bristles
Hides, dressed..
5:i5
46.858
3-12 655
81,9.3
514,379
5,031.383
87,7.6
3.1,091
Champagne, bks.
Wines
Wool, babs
Hides, (fee-
India rnbber
Spelter, lbB
Steel
17.SU Waste
2!.01iJ
clotb
bales
:
2,21:
483
67,50.1
197,. 9i
&
667
Hair
Hemp,
Lead, plys
8,97.1
13.091
. .
2,164
Uardwuie
8,1(3
Tin slabs, lbs...
25,765 Paper Stock
1..114 Sugar, bhds, tcs.
911,727
bbls
2H8
Opium
Flax
Pars
10,605
!9,«12
133,892
15,850
Tea
7.024
17.509
1,417
Blea. powders...
8oda, bl-carb.
Soda, sal
rV)
Metals, &c.
Earthenware—
Gum, Arabic...
Indigo
_ r- S ^- (> O ^r
—
«^ c
t- M e* •— t
;£>
«t>
A
to
»3
v'S-.i.'M
Cream Tartar...
Qambier
.n»>B«
if
[The quantity is given in packages wnen not otherwise specified.]
Coffee, bags
Cotton, bales. ....
**«.«
:2 :S
:
a
:
—
CT>
oo so^^a
IF
The following table, compiled from Custom House returns,
shows the foreign imports of leading articles at this port since
January 1, 1877, and for the same period in 1876:
Buttons.
•*.
2*
Sfi*
*
..J
•$>'* =£9! t-©r-<3i-s
'
.
Earthenware
*
10,122
2,451
3,986
1,156.7.15
Same
Since
Jan. 1,'?7 •ime 11*76
"8
/>
^J
*
58,41(9
Imports of Leading Article*.
China, Qlass and
3
i
"£ «£
$9
*-
00
5,135 $1,737,569
8.933 $1,573,074
5211,143
63.672
91,673
41.745
oo gf it °'
1-
PSmsAO*
** « oifl rt 5 « ot'»«» w « w » «Hoo -a5i-e-«'ro...rtOr'V*
•*-*
t^*©
*to©"'77/f-'"eo«op*4«*
co'V V
J3 Vt-ti * 3* ?5 a* io 'f
s«Sj
«»H
-h
0-a«-»»-<XO»-«
«
CO
55,678
85,595
ENTERED TOR WABBHOCSINO DnRlNS SAKE PERIOD.
Manufactures of wool
r" °» •"*
»-i<Mi-i
»
S
SAMS PKBIOD.
kUnafacturee of wool
tX
'
trt
i
TBI KAHKBT DUKINO THB
TIIltOWN INTO
:g
'
$47(1,0 13
817,4'I4
848
2,818 |1, 156,795
3,78111,578,772
Total
Pkes.
11.1,304
,
1877
804
1.172
178.144
JO J, 157
559
663
258
1817.
3,
,
.
121
The following
enriiig
aud (or the corresponding weeks of 1870 and
1877,
8,
——
|
*h
.
I
I
*-sjT
3 "
.
.
•
*
*
«.
j^
aO
t
-
;
„ j? ^
.o
.
*o
"
O
.
at?
:-£»«« OB
£
4 •»
a J*
'O
-Sx^irw
*
ov
•
*
-
,-.
;^.
*3
'
%
'
N
-
-.i
!<!-»5!j52t«
—©
.•^
v»
.3 i
"i*
:«fi»-=«5-o
eli
I
M
5 * *
9,5X8
ci?7_"'i-o
73t^^S
S*"
"
51
1
„si
**
2fl*««
'
21,iU
201.610
15,510
178
8,781
84.141
^-S
I
*
.
•
A. .!
•
B
.E<
•*•*
•
•
•
*_o
*iili
-
s
7
-
^
**aid
:
7
:
:
:
•
;
o'oo
51
S s
;
•
«««
aox:
*"
:
:*s
:
"e
:
B
'
o
'
E3
i?
*
-
:2. >l>
:Ȥ
-555
•c:
.
IlT.82.1
74.950
'.8 285
7?8 :«
\ai%
U
aciaoJ
-
3'>.7
8
35 >-8
i
o £ i ;-er> =
^>
Bl
i
Ken
*
—
THE CHRONICLE.
122
UliNEItA
GUNNIES.—See
I,
HBMP AND J U IE-
V
sort
first
4x»
ft.
Groton
V
*
Lime— Rockland, common
bbl.
bbl.
f
_
16
3d fine
CutsplkeB.alistzes
e'f*
to p'me
ft.
13
WeBt'nfact'y, tubs, R'd toch'ce "
H'l flrk.,tuD!i,state,f*r to prime "
Welsh tubs, btate.com. to p'me "
OHri KS K
Wft
State factory.falrtocholce
Western factory, good to prime.. "
Yi
13
13
Anthracite— Prices
<a
California,
Matamoran.
Maracaibo,
do..,.
40 oo
ss oo
is oo
28
18
10X
,0*
85
7x
003 1100
13003 14 00
Auction, or by July
at IsBt
schedule: (PriceB for August uusettlei.)
Peon. D.L.4W. D.&H. P. AH. L. ft W.
KewNew Port
Port,
burgh.
Hoboken. York. Kichm'd Johnson
Anc June i3. June 27. Schei. Schtd. Scbea.
Bt'mb. $2 42-2 52 $2 17-2 20
Orate.. 2 45-2 65 2 25-2 27
Rgg
2 50-2 65
....
2 65
2 27-2 45
2 55-2 57
2 32-2 31
8tove. . 2 45-2 57
Oh'nut.. 2 4:-; 55
.
2 65
2 65
2 65
2 75
2 65
2 63
2 75
2 65
2 63
2 65
2 65
2 75
2 60
do prime, do
Java, mats
NatlveCeylon
Mexican
Jamaica
Maracaibo
Laguayra
gold.
gold,
gold"
gold.
gold,
Domingo
gold.
gold.
gold.
St.
Savanllla
Costa Rica
COPPKK-
Sheathing, new (over 12 ozj
Braziers' (over 16 os.)
American Ingot, Lake
COTTON— dee special report.
DRUGS
Alum,
"
"
"
DYKS—
lump. Am
'-'J
"
4
(4
21
20 X
II
KH
a
so
a
19
ft
V
2H9
cur,
ft
Argols, crude
gold.
is a
'•
2t a
ArgolB, refined
•
Arsenic, powdered
"
Bicarb. soda, Newcastle. ¥ 100 ft
4 oo a
U*ft cur.
Bl euro, potash....
12X8
Bleaching powder
V leO ft. "
1 37X3
gold. 27 50 t>
BrlmBtone, crude, per ton
"
Brimstone, Am. roll
Via. .cur.
3
Camphor
*
refined
castor oil, E. I. lnbond. * sal.. gold.
Caustic soda
V 100 ft "
"
caiorateuotash
tfft
••
Cachlnea], Honduras, silver...
"
Cochineal. Mexican
Cream tartar, prime Am. & Fr. M
cur.
Cabebs, Bast India
gold.
c itch
"
Girabler
cm.
Ginseng
4
a
211
3
SX
a
4
,
40
25
26
"
a
a
a
a
f
cnr.
1
i
22
60
37X
24
62X
4 r,
-
50
1 2S'
1
21
1
30
1
30
27
9.1
19
»X
FISH-
Oeorge's cod (new)
per.qtl. 4. 75 a
00
pr.bbl. 19 00 a 21 00
Mackerel, No. l.M. shore,
Mackerel, No. 1, Bay
None.
Mackerel, No. 2 Mass. shore (new) 13 50 a 15 00
Mackerel, No. 2, Bay
None.
I
.
FLAX-
North Klver, prime
* »
FRUIT-
per 501b. Iran
Rautna, Seediest
do Layer, new
do Loose Muscatel, new
do
Sultana,
new
do
.,
V
...
tit.
1
*
»'<a
8X9
1GX
Is-
—
State, sliced
y
Whortleberrlea
1
«X
7
21
»w
10
7 50
MSf-f
19V
i2,xa
IS
a
a
1
u'xa
ft
Vft
3
3
.,
do quarters
do
Peaches, pared, Ga. prime ft choice
do nnpared, halves and qra
Blackberries
Raspberries
Cherries
P'un.f. State
a
a
a
* cue.
box...
or BOX
Macaroni, Italian
Domestic Dried
Apples, Southern, sliced
do
quarters.
do
do
:oxa
....a
..
French
15
55
2 10
11
ls
Figs, layer
Canton Ginger
a
a
a
a
exa
Dates
Sardines,
Sardines,
3 65
1 50
195
perlb.
Valencia, new
lo
Currants, new
Citron, Leghorn
Prunes, Turkish (new)
14
4
4
9
.1
5
21
11
14
s
3
a
a
a
a
a
6
a
a
common
gold
6
cur.
5
V
4
5
UX
15
13
UX
12
8
55
a
a
...
42
35
42X
8 16
a*!?
a 17
© 26
1X1
to
00
5J
in.
&
m.
tOOft.gold.
cur.
common
5*
a
3
21X3
26 a
31 3
25
24
24
29
32
SI
32
27
30
n
3
3
V
Pepper, Batavia
do
do
....
6 00
ft,
"
40
"
....a
'»
48
40
50
48
"
'•
"
a
%
3
a
3
ti
Tar, Washington
V bbl. 2 37X8
»
Tar, Wilmington
2 50 a
"
Pitch, city
2 12% a
Spirits turpentine
V gal. 32X8
Rosin, strained to good strd.V bol. 115 a
" low No. 1 to good No. 1 "
2 10 a
" low No. 2 to good No. 2 "
1 90
a
" low pale to extra pale.. "
2 75 3
22X®
21X3
21X9
Mace
Nutmegs, Bataviaand Penang
Pimento, Jamaica
80
85
:
12
BPIRITS—
M
windowglaBS
4
lb.
¥•
...
Navy ft best* ft.
a
... ©
4X®
10 @
12 @
5
@
50
33
185
....
4 25
5 00
40
5
11
i2)j
14
8%a
C&KK-
10X
a
34 50
a
15
60
a
63"
35
OILS—
* gal
K
Cotton seed, crude
Olive, in casks *> gall
Linseed, casks and bbls
Menhaden, crude Sound
Neatsloot, No. 1 to extra
Whale, bleached winter
Whale, crude Northern
Sperm, crude
Sperm, bleached winter
Lard oil. Nos. 1 and 2
55
113 j
8
1 16
70
"
3
'*
"
"
...
"
V
45
3
32X4
"
Crude, In hulk
Cases
Refined, standard white
Naphtha, City, bbl«
a
20
62
S3
1 10
"
*'
53
PETROLEUM—
gal.
_
a
1
15
(4
1
...,a
"
"
"
•X
n u
20
14X8
..„S
14*
PROVISIONS—
Pork, mess
VVb\.
••
Pork, extra prime
'•
Pork, prime meBP, West
*
Beet, plain mess
"
Beef, extra mess
Bepf hams, Wes*. sum ftwlnt.c'd "
Bacon, City long clear
V 1ft
"
Hams, smoked ., ,,
u
Lard, City ateam
14 25
....
....
11 O)
18 10
21 00
a
a
a
14 4)
10 50
-
12 f6
18 50
e* 21
7<ta
....
....
50
S
13
«.
a
»X
RICE—
V
fair to pri-ne
Louisiana, good to prime
Rangoon, in bond, gold
Patna
Turk's Island
Bt. Martin
Liverpool .vinous sorts
100 ft.
V
bush.
9>
sack.
«
6X*
6X3
ft.
'*
V
1
....a
....a
ft.
gall.
•>
••
••
••
"
"
a
a
a
@
S 75
17 00
00
s 00
3 50
4 00
3 00 1*. ' 25
3 60
4 10
3 60 <s 3 0)
i
.
....3 2 25
....a 1 is
Store Prices.
gall.
ft
STEEL—
English, cast,2dftlstqualily ftftgold
English, sprlng,2d & istquallty.. «'
English blister, 2d ft lBt quality. . •"
"
English machinery
English German, 2d ft 1st quality "
cur.
American blister
14X«
16
6X8
9 a
9X3
American caBt, Tool
American cast spring
American machinery
American German spring
11
lux
10X8
nx
....a
9
16
9
10
snOAR—
Inferior to common refinii g....?i ft.
•'
•••
F.ir
"
Good refining
Prime
rcfla
.
fair to
7X8
sxa
8X3
3
8X8
8X3
SX8
"
prime "
"
Manila, Bup. and ex, sup
Batavia. Nos ll'312
Brazil, Nos 9®11 ... ...
R'fined— Hard, crushed.
Hard, powdered
do granulate!
6
••
s
"
"
...
do cutloaf
TALLOW—
V
11
1'X
iox
9X
S'A
»x
ft.
8 3-1 6 a
"
«....
11
10
"
"
..
11
a
9X»
9X9
"
'•
Other Yellow
Molasses Bugars
ux
v%
UK
ioxa
10X3
"
YellowC
s2
9X
«x
a
....8
....3
...a
.
..a
"
"
.
10<,'
a
11X3
"
"
off A
do
WhiteextraC
YellowextraC
*
IS
9X
8X*
9X*
"
....a
T1NBanca
gold.Vft
Uyson,
is
"
Vbig
Common to
d. 5 75
6 12
cnr. It ft
fair
a
» Jf
15XS
15V*
23
30
43
Superior to fine
Extra fine to finest
do Choicest
Young Hyson, Com. to fair
Super. to flue
do
do Ex. Bneto finest
Choicest
do
do
do
9
a
15J<
00
6 25
6
3
3
28
S3
58
a
Nominal.
22
30
56
bo
25
S3
Qunpowder, com to fair
Sup. to flue
do
do Ex. fine to finest
do Choicest
9
-
a
a
a
1
23
al.
V
Clover, "Western
Clover, New York State
Hemp,
250
1
14
ft.
* hush.
1<X
i«xa
1
90
m
15
2 00
200
e.li
rough
W
vt
'6 ».,
56 ft.,
45
65
90
SO
50
Bone. ft Cong.. Com. to fair
Sup'rto fine
do
do
Ex. fineto finest
TOBACCO-
a
a
a
5 «
12 M
90 a
75 m
13X8
21
3
*•»
heavy
5
leaf,
Seed leaf— New Eng. wrapper*. ^I-IS
••
fillers, ni-'7S
do
Pa. assorted lots,
Yara, assort ed
'71- '75
Havana, com. to fine
Manufac'd,in bond, black work
"
" bright work
WOOL—
American XX
American. Nos. 1 ft
American, Combing
v
15
it.
10
7X
25
93
1
..*»
15
56
40
23
S3
23
22
Fair
1 55
goin.
gold.
2 05
@
@
....a
Burry
South Am. Merlnc, unwaBhed
Cape Good Hope, unwashed
Texas, fine. Eastern
Texas, medium. Eastern
2 50
2 0)
50
1
75
2 10
1
17
S6
35
••
33
31
13
gold.
IINC—
Sheet. Foreign
*> ft,
»
«. d.
bbl.
heavy «oods. .Vton.
Coru,b'lk ft bgs. V hu.
Wheat, hulk ft bags..
Beel
* tee.
Pork
»bbi
>,
d.
31
ft.
2 3*
17 6 . 2:.
S «...
S 6....
4 6
3 3
I'-
nx
IX
r— 4AIL.—
r— BTXAK.
*
m
7X3
cur,
ToLlV»BPOOL:
Cotton
Flour
s
gold, net
Domesiic
KRK1GHTB—
15
21
44
52
2....
Extra, Pulled
No.l, Pulled
California. Spring ClipSuperior, unwashed....;
do
a
Slt-lly
forelgu
Flax etd, AitiericaD,
Llntcerl.Calcu'la
Linseed, Bombay
30
45
65
31
TJnco1oredJapan.com. to lair
Snp'rtotlne
do
Ex. fine toflnest
do
Oolong, Common to tair^^,.
do Superior to fine
do Kx fine to finest
do Choicest
lugs,
15
31
42
65
Hyson Skln.ftTwan.. com. to fair.
do
Sup. to fine
do
nest
Jfix fine lu
do
do
Eentucky
26
40
65
10
33
43
70
1
Imperial, Com. to fair
1:0
Sun. to fine
Kxtraftne toflneet
do
Smyrna. unwashed
....a
...a
BESD8-
>u
12X
40
15
Interior
SALT-
I
90
il
City, thin oblong.bags. troin, V ton
Western, thin obloug (Dorr..) cur "
Carol!™,
7X
w"
gold.
.
Brandy, foreign brands
Rum— Jam, ,4th proof
St. Croix, 8d proof
Gin
Whiskey, Bcot-h
Irish
do
Domesticliouoi's— Cash
Alcohol (90 per ct)
English, refined
Plates.l. C, coke
Plates. char. terne
2 10
22.S
a
a
a
a
14X3
Straits
8 50
13
23
22X
ex®
Cloves
do stems
52*'
22V
6 2a
6 25
!2iKS
white
U&ssia, China L] gnea
do
Batavia
Ginger, African
do Calcutta
50
6s
55
NAVAL STORES—
a
a
gold
Singapore....
Prime city
Western
3
gal
6 75
SPICKS—
"
"
^2
ftl
.-
7
6
22
12X
Foreign
Domestic,
a
3
« 75
5 37X
3
None.
SPELTEH-
"
9
1
Cuba, Mus.,refln.gr'ds,50teBt.
do
do grocery grades.
Barbadoes
Demerara
Porto Rico
N. O., com. to prime
Canary,
Canary.
5 50
Melado
1)0
50-
None.
None.
TJsual reel Tsatiess
Usual reel Tavsaams
Re-reelod Tsailess
Re-reeled Cotngoun ....«
rtoxes. c'ayed, Nos. 10@12
Centrifugal, Nos. 7@13
47 00
7
S
SILK-
a
38
12X
6V8
3 3
•'
Porto Klco.
22
rough
Slaughtercrop
Oak. rough
Texas, crop
Timothy
Canary, Smyrna
5
10
10X
a
a
•'
14
is
8*
@
a
62X8
12X3
ft
h.,m.ft l.Vft.
tilde, h.,
OIL
24
1 25
"
28"
7X
5*
4
i;x
100 lb.
Coffee, A. standard
22
25
2 00
a
100 lbs,
"
Hemlock.Bnen, A'res,
"
California, h.,
Walnuts, Naples
Pecan
OAKUM—Navy.U.S.
23
«X8
5
21
75
»
10 p. c.)
Wrazll
FlU.ert", Sicily
&§a
2i
13
14
a
ton, cur. 33 00
45 00
Almonds, Jordan shelled
40
24
14
(4BATHER-
'•
sxa
1
V
NUTS-
sxe
•
•
Oil vitriol (66 Brimstone)
(In bond), gold,
Prusslate potash, yellow, Am. .cnr.
Quicksilver
gold.
Quinine
cur.
Rhubarb, China, good to pr.... "
Sal soda, Newcastle.. 1> lu» ft, gold
Shell Lac, 2d ft 1st English, lilt .cnr.
Soda ash
V 100 ft. gold
Sugar of lead, white, prime. Vftcur.
"
Vitriol, blue. common
S3
21
N
«ixa
57*8
27 a
.
Opium, Turkey
12X
13X
1 40
23 00
SO
"
Glycerine, American pure
"
Jalap
"
Licorice paste, Calabria
"
Licorice paste, Sicily
Licorice paste. Spanish, BOlld.. .gold
Madder, Dutch
Madder, French, B.X.F.F
Nutgalts, blue Aleppo
30 i,
85
22
30
4
8
per
3
X8
ft
gold
Nitrate soda
.
i
10
MOLASSES—
Cuba, clayed
UK
.
21
21
19
16
16
LEAD-
13
ft.
16 00
2i 10
Rails, Amer., at Works..
Steel rails
Domestic
Bar (discount,
"
Sheet
is
ton
,
¥
Ordlnary foreign
17
V
:
»
21
22
a
Store Prices.
20'<
l£
23X
V
Crude
Whiskey
33
45
41
S8
40
44
42
30
42
Carthaeena, pressed
Nicarsgua, sheet
Nicaragua, scrap
Mexican, Bheet
Honduras, sheet
IROJN-Pig, American, No. 1
Pig, American, ho. 2
Pig, American, Forge
Pig, Scotcn
22
lexa
18X8
2
strip
a
19
M
Panama
S
iexa
a
5
ft.
4
20
2i
20
18X4
"
"
V
Bolts
pxa
"
"
"
gold.
gold
8
19
all
6
a
a
a
130 00
132 50
Scroll
*Ub. 2 5-10®
5
floop, Xx.No.22tol&'.X x.l3&!4 "
5
2 8 10
Sheet, Russia
gold ft
11
10K3
Sheet.slngle.doublefttretile.com.
3> r ,s
4
n
16*8
•'
Bar, Swedes, ordinary sizes..* ton.
COFFKBKlo, ord.car. 60and9Cdays.gld.¥ft
do
gold. ••
do fair,
do
gold. "
do good,
g,,]d
gold.
Para, coarse to fine
Esmaralda, pretsed, strip
Guayaquil, p eased, strip
10
...
17
15
15
13
17
13
INDIA RUBBER-
1C&
a
6
Olds,
growths
20
20
a
3
a
a
a
a
10X8
B a
10 a
9X8
14 a
12X8
11 a
"
"
V
1'76
1875
21
6
.11
"
,.
W
a
a
20X9
"
HOPS-
Cropof
22
19
19
2U
©
4
"
California,
cnr.
Texas,
i. /. sloct— Cal. kips, slaught. gold
"
Calcuttakips.deadgreen...
"
Calcutta, buffalo
Crop of
75
5X3
"
do....
do....
do....
do....
do....
rTe«*a««d-Buen. Ay,
Para,
5 25
5 co
3 oo
8X»
do
Savanllla,
275
1
8
"
do
Bahia,
Dry Salted— Maracaibo,6elected "
do.... cur.
ifatamoras
35 oo
a
&
@
COAL-
Llverpoolgaecannel
Liverpool house cannel
©22
©
®
9
180
1b.
Price*)—
Stated
"
do....
do....
do....
9Va
BX8
^M8
ft
,
Dairies. palls,
Jute
10 00
00
a
a
a
_
a
8
a
a
@
a
8
a
*)M.ft. 3000
Maple
Sail*— :0960d.ccm.fen.ft sb.* keg ....
4 25
Clinch, IX to Sin.&longer
Paris white. Kufc., jrold....tf 100
"
"
Rio Grande,
Orinoco,
a
3
00
35 OJ
70 00
23
Hemlock boards, each
1 15
®
3")
Aab.gool
Black walnut
Spruce boards & planks, each
BUTTER— Jfew— (Wholesale
*»
HIDESDry— Buenos A}Tes,selected.Vlligold
"
do....
Montevideo,
"
do....
Corrientes,
80
=...
45 00
18 50
25
M.lt.
Taints— Ld.,wh. Am. pure. In oil V
Lead, wu. Amer., pure dry
Zinc, wh., Amer. dry, No. 1
Zinc.'wh., Amer.,No".i,inoH
io oo
27 oo
1 20
Rockland, finishing:
lumber-Pine.g'i to ex.dry.V M It.
Pine, shipping, box
do tally boards, com. to s'ri.each.
Oak
3
a
1 00
23 00
Philadelphia
Qement— Rosendaie
5 25
a
a2!5 00
130 00 ©135 00
gold. 205 00 a210 00
" 27O0O l»275 00
Sisal
Manila
8
60
ft
ton. 175 00
Russia, clean
Italian
2 50
100
V
American dressed
American undressed
ASHES—
BREADS TUFFS— See snectal report.
BUILDING MATERIALS—
Bricks— Common Hard, afloat. .V M
SALTPETREReflned.pure
*
North River shlnp'lii
XXV.
[Vol.
report under Cotton.
HAY—
PRICES CURKENT
Pot,
X
Y
.
2
0*
....a
....a
....«
....a
1.
X
->
'.
corop,
200
....
....
Ar.iiBT
4,
THE OEHONKTLR
1877.J
Financial
Financial.
&
J.
&
Stuau
).
UNION TRUST
Co.,
NASSAU SIIIII
33
NEW
OF
r.
CO.
ART
A
FACILITIES FOR ACTING AS
LEGAL DEPOSITORY FOR MONEY.
NATIONAL BANK OF SCOTLAND.
ALSO,
CABLE TRANSKKItS AND LETTERS OF CREDIT
Interest allowed on Deposits, which may be made
and withdrawn at any time.
N. 1L— Checks on this institution pass through the
Clearlng.House.
'-arlng.House.
'
EDWARD KING,
KING Praident.
i. M. McLean,
J.
Ut Hce-Preniitent.
1st
V tce-Preililent.
Bought and Sold
Wright,
Bliss
&
Fabyan,
DRY GOODS COMMISSION MERCHANTS.
•
Wii.
WnmtwBioHT,
Vice Prietienl.
2rf
100
EXECUTIVE COMMITTEE.
Co.
M. McLean,
B. H. Hutton,
Samuel Willets,
J.
New York,
Wm. Wiiitewrigut,
Geo. Cabot Ward,
Theodore Roosevelt.
g. B. Wesley,
G. G. Williams,
AGENTS FOB TBI
H. OGILVIE, Secretary.
J.
LONDON AND HANSEATIC BANK,
(Limited!. -LON DOS.
8PECIALTT.
Secnrltlcs
Commercial Cards.
tor,
BELFAST, IRELAND;
AND ON THE
BROAD 8TRSET.
30
GAS STOCKS
Authorized by law to act as Executor, AdministraGuardian, Receiver, or Trustee, and as a
ULSTER IMMilM. COMPANY,
ISO Pearl Street,
28.
Brooklyn
Transfer Agent and
Registrar of Stocks.
"LIMITED";
JOHN STI
A CO., Banker*,
MANCHESTER, PAYABLE IN LONDON;
&
Room
St.
$1,000,000.
;
G. Amsinck
Geo. H. Prentiss,
YORK,
No. 73 Broadway, Cor. Rector
EXCHANGE ON
SMITH, PAYNE A SMITH'S, CAPITAL,
HANKKRS, LONDON
TIMIIiMllI A COUNTY BANK, HAS SPECIAL
BILLS OF
•
Financial.
4
Clinton
CAPITAL,
sts.,
203 Chestnut
St.,
BOSTON,
St., NEW YORK,
PHILADELPHIA.
Brinckerhoff, Turner
&
Brooklyn, N. T.
1500,000.
Co.,
Manufacturers and Dealers In
Company Is authorized by special
This
enarter to ac
guardian, execu or or admints*
as receiver, trustee,
Street,
and 73 Thomas
71
The Brooklyn Trust Co.
Cor. of Montague
Summer
tiator.
can act as agent In the salo or management of real
estate, collect Interest or dividends, receive registry
ane" transfer books, or make purchase and sale of GovernK tnt and other securities.
Religious and charitable Institutions, and persons
COTTONSAILDUOK
1*
CAJ Co.
BANKERS,
COR. OF
unaccustomed to the transaction of business, will fine
Company a safe and convenient depository ibl
money.
RIPLEY ROPES. President.
this
WALL STREET AND BR0ADWA7
New
CHAS. R. MARVIN, Vlce-Pres
Edgar m. Cullen. Counsel.
York.
STOCKS, BONDS and GOLD
for cash or on a margin.
Investment Sceuritles For
P. O. BOX 2,647.
A.M. Kidder.
C.
Sale.
H CALHOUN,
.
No. 20
&
Auditor,
Refkks by Permission to
w. A. Wheclock, Esq., Prcs't Central Nat. Bank.
Jas Lynch, Esq., Prcs't Irish Emigrants' Society.
Col. H. S. McComb. Pres't N.O. St.L. & Chic. RR. Co.
Ei. Norton, Esq., Prcs't Paducah * Memphis BR. Co.
Jos. F. Joy, Esq., Receiver Dutchess & Col. RR.
Hon. H. A. Smythe, late Collector of Port of N. Y.
Hon. Jas. P. Slnnott, Judge of the Marine Court.
Messrs. Van Winkle. Candler A .lav. Counsellors &c.
Mi'ssrs. Brooks, Ball & Storey, Bos'ton, Mass.
Messrs. Ronald, Sons & Co., Liverpool, England.
Messrs. Benecke Bros., Loudon, England.
FFAIRS OF CORPORATIONS AND
This
Company
Into Court,
BANKERS,
GOVERNMENT
No. 12
Foote,
WALL STREET
BIT AND SELL
BONDS, GOLD, STOCKS,
A. H. Brown
7
&
and
a legal depository for moneys paid
authorized to act as guardian or re-
Interests Allowed oa Deposits,
which may be made at any time and withdrawn after
live days' notice, and maybe entitled to Interest for
the whole time they may remain with the Company.
Executors, Administrators or Trustees of Estates
and Females unaccustomed to the transaction of
business, as well as Religious and Benevolent Institutions, will and this Company a convenient depository
for money.
TRUSTEES:
JOHN A. STEWART, President.
WILLIAM H. MACY, Vice-Presidents.
JOHN J. CISCO,
WILLIAM DAUROW, Secretary.
JAMES CLARK, Ass't Secretary.
bankers and brokers,
Wall St., Cor. New, New York.
INVESTMENT SECURITIES.
BANK-NOTE
Brooklyn
Stocks,
GAS STOCKS,
*X
J.
WALL STREET.
Alden Gaylord,
33 Wall
St.,
New
York,
DEALER IX
ST.
LOUIS CITY
Sc
COUNTY BONDS
AND ALL CLASSES OP
fc MISCELLANEOUS SECfRITIES
Refers by permission to W. s. Nichols & Co., Bankers
INVESTMENT
„,..
,
Widths and Colors always
in stock.
&
George A. Clark
Bro.
miLWARD'S HELIX NEEDLES.
400 BROADWAY, NEW YORK.
Kinds or Securities,
THE host
ARTISTIC STYLE,
AND
ALBERT
G.
GOODALL,
II.
NEW
STREET,
Co.,
HOSIERY. SHIRTS and DRAWERS.
A
NEW YORK,
B08TON,
White Street.
15 Chaubobt
PHILADELPHIA,
W. DAYTON, 230 Chestnut Stbbbt.
43
J.
ST,
W. ROSENFELS,
EXPORT COMMISSION MERCHANT
IN
BROAD STREET,
29
P. O.
Box
NEW YORK.
2432.
Olyphant &
Co.,
COMMISSION MERCBANT8,
Hong Kong, Shanghai, Foochow
4c
Canton, China.
OLYPHANT
NEW YORK,
China,
or
St.,
New York.
&
Co.,
MANUFACTURERS OF
si im:k-« akbov a te
or
STOCKS, BONDS and GOLD Boazat and Sold on
Commlselon, and carried on Margins.
Deposits Received an1 Interest Allowed.
Accounts of Country Bancs tad Bankers
ceived en favorable terms.
A Co.,
104 Wall
Transact a General Banking Business.
W*
It
Ellerton New mills,
Atlantic Coiton mills,
Saratoga Victory mfg Co.,
John Dwight
Stone,
6c
BANKERS AND BROKERS,
No. 7
O
Represented bt
President,
Van Zandt, Vicc-Pres. & Manager.
Fbeeland, Sec. Geo. II. Statnkb, Treas.
Trask
K
Hurllngton Woolen Co.,
PROOF AGAINST FIRE.
C. L.
TriEO.
AGENTS
Washington mills, Chlcopee Mfg
York.
Bank-Notes, Bonds pob Governments and Cob
porations, Bills or Exchange, Certificates
or Stock, Postage and Revenue Stamps
Policies or Insurance, and all
IN
E.R.Mudge,Sawyer&Co
Produce, Provisions and Naval Stores,
ENGRAVES AND PRINTS
IN A BUILDING
Beers, Jr.,
CO..
BROADWAY,
142
New
Special attention to business of country banks.
N. T.
all
No. 109 Duane Street.
S.
American
OFFICE,
Co.,
supply
full
Surplus, $4,000,000.
Is
Is
AND
MISCELLANEOUS SECURITIES.
United States Bunting Company.
A
ceiver of estates.
•
&
and
Capital
;
Hatch
STRIPES."
Also, Agents
'WALL STREET.
No. 49
-"a-nrms Investigated partnership accounts and Insurance losses adjusted frauds and errors detected
hooks opened and closed. Twenty years' experience!
References Include municipal authorities, bank and
Insurance officers, merchants, lawyers, and others for
whom Important work has been done.
O. C. HALSTEAD, Public Auditor 39 Nassau St.
;
kinds of
United States Trust Co.
OP NEW YORK,
NASSAU STREET.
Complicated accounts of Estates and Partnerships
Investigated and adjusted. Accounts prepared for the
Surrogate. Books of Public Companies,' Firms, &c,
opened, written up or closed.
Special attention given to railroad Investigations.
A
Henrv Sanger, Alex. McCue,
Chas. R. Marvin, A. A. Low,
I'homie Sullivan, Ai.m. B. Baylls, 8. B. Chittenden,
E.
Plerrepont,
U.
Dan'lChaiuicey, John T. Martin,
John Halsev.
Joslah O. Low, Ripley Rones
Alex. M. White,
Austin Corb'n. Edmund W.Corllei.
Wm. R. BUNUKK. secretarj
W. Trasj
W.McLeixaN, Jk.
Accountant
J.S.Rockwell,
John P. Rolfe,
all
"AWNING
t,
TRUSTEES:
Transact a General Banking Business, Including
Purchase and sale of
And
OTTON CANVAk., FELTING DUCK, CAR COVER
ING, BAGGING. RAVENS DUCK, SAIL TWINES
AC. "ONTARIO" SEAMLESS BAGS,
No.
re-
SODA.
New
1 1
Old
Slip,
York.
The joooiuk Trade ONLY Supplied
THE CHRONICLE,
The North
'I
HE
and
British
Mercantile Ins. Co.,
Ttc
Toek, January
24, 1877.
Trustees, in conformity to the Charter of the
Company, submit toe following Statement of
It*
«u2iirs-on the 31st December, 1876:
Premiums received on Marine Risks
from lit January, 1876. to 81et December, 1876
I
Premlomi on
1st
$4,029,197 68
...
marked off
Policies not
January, 1876
8.175,260
05'
Total amount of Marine Premiums.. 87,101,16173
Paid-up
Bisks, nor upon Fire disconnected
with Marine Risks.
Premiums marked off from 1st January, 1816. to 31et December, 1876.... $5,061,036 It
Losses . paid during the
$1,865,193 49
Seturus
of
&
Subscribed Capital. $10,000,000
CHAS. CALDWELL, Genera] Agent.
wise
1,719,300 00
Out in
367,000 00
Bank
865.018 74
Total-amount of Assets
the outstanding
of profits will bo paid to the holders
•hereof, or their legal representatives,
on and
The General Trans-Atlantic Company's
NEW YORK AND HAVRE.
Calling at Plymouth for the lauding of Passengers.
The splendid vessels on this favorite route, for the
Continent—cabins provided with electric bells— will
sail from Pier No. 50 North River, foot of Morton St.,
Wed.,.Auvust 8.4F. M.
<PKKE1KE, Danrc
Wed., August 8, 10 A.M.
CANADA. FrangSBl
•ST. LAURENT. Lachesnez Wed.. August S3. 4 P.M.
PRICE tit PASSAGE IN GOLD (Including wine):
To Havre— First
cabin, $35
&
Tin
Roofing Plates,
OF ALL SIZES AND KINDS.
PIG TIN, RUSSIA
cabin, $ (XI; second cabin, $ 5; tuird
Btceragc, $46— including wine, bedding and
;
SHEET IRON.
To Plymouth, London or any railway station in
England— First cabin, $90 to $100, according to accommodation; second cabin,
$'5; third cabin, $35, steerage, $27, including everything as above.
Return tickets at very roduced rates, available
through England and France, steamers mantcd thus
* do not carry steerage passengers.
For passage and freight apply to
LOUIS DE BEBIAN,
Agent, 55 Broadway.
CHARCOAL AND COMMON SHEET IRON
LEAD, SHE.vr ZINC, COPPER,
Spelter, Solder,
Antimony,
Xnesday, the 6th of February next.
MANUFACTURERS OF
COPPER, BRASS AND WIRE.
The
outstanding certificates of the Issue of 1878
will bo redeemed and paid to the holders thereof, or
JOHN
J.
B.
K BNNKDY.
HKNBY
M.
BAKER. JOHN 8. BABN2-
&
Kennedy
Co.,
BANKERS AND MERCHANTS,
S.
1
CSDAK, COE. WILLIAM
Atlas Mail Line.
1c.
after
tfceir legal representatives, on and after Tuesday,
4ka 6th of February next, from which date all Inter
sit thereon will cease. The certificates to be prodiced at the time of payment, and canceled. Upon
Certificates which were issued for gold premiums,
Cfce payment of interest and redemption will be la
• 111
Direct Line to France.
utensils.
$15,694,867 81
Six per cent. Interest on
flertlllcates
Vorlt
IMPORTERS AND DEALERS IN
402,850 19
1,812,604 28
Steamships
BETWEEN
New York
Seal Estate and Bonds and Mortgages
Interest and sundry Notes and Claims
dee the Company, estimated at
Premium Notes and Bills Receivable..
BI-MONTHLY BF.RV1CK TO JAMAICA, HATTI,
COLOM HIA and ASP1N WALL, and to PANAMA and
SOUTH PACIFIC PORTS (via Asplnwall.)
Fust-class, full-powered, Iron screw steamers,
Pier No. II. North River.
For HAY'II, COLOMBIA,
and SOUTH PACIFIC
A^DES
Au>U8tl4
August 28
ALPS
or
ATLAS
CLAHIBEL
KINGSTON
from
ISTHMUS OF PANAMA,
PORTS ,via Asplnwal),
HAYTI.
(Jam.) and
august 17
About
oept. S
Superior lirsl-cUBR passenger accommodation.
FiM, FOKWOOD & CO., Agents,
ST.,
No.
A
CO.,
FALL RIVER LINE STEAMERS.
as follows:
New
Between John and Fulton,
HOOPS AND RODS.
NAILS, BANDS,
OLD COLONY STEAMBOAT
Mail Steamships,
PHELPS,DODGE & Co
Stock, City, Bank and other stocks. $11,068,700 00
Loans secured by Stocks and other-
York,
FALL RIVER IRON WORKS COM'Y
Railroad Material, &c.
CLIFF STREET,
Halted States and State of
New
CUMBERLAND COALS.
00
Fire Reserve and Surplus Fund,
Jan. 1st, 1817
5,663,842 95
Life Assets and Annuity Fund,
14,493,372 50
Jan. 1st, 1877
The Fire and Life Assets are sepaiaed by Special
Act of Parliament, and the funds of one Department cannot be used or applied for the benefit of
the other.
The Company transacts only a Fire businees in
the United States, and has agencies in the principal
cities and towns.
CHA9. E. WHITU.
Man .„ er9
Manaser9
SAM. P. BLAGDEN, f
Premiums and
following Assets, via.:
St.^
UNITED STATES BRANCH:
Expenses. .$1,038,410 35
Tno Company has the
West
Tl
AGENTS FOh
'
Ho Policies have been Issued upon Life
&
BORDEN MINING COMPANY,
I
•sane period
70
ESTABLISHED 1809.
54 William, Cor. Pine St., New York.
ESTABLISHED 1866.
Niw
Borden & 'Lovell,
COMMISSION MERCHANTS
LOXDOX AXD EDINBURGH.
Mutual Insurance Co.
L.N. LSVZIL
WM. BOBDKN.
OF
ATLANTIC
XXV.
Railroad Material, &c.
Insurance.
In.sura.nce.
OFFICE OF
[Vol.
68
Wall Street
|Vcw York.
Dividend of Forty per Cent,
is de-
alaMd on the net earned premiums of the Company
tor the year ending 81st December, 1816, for which
•osrtlflcates will be issued on and after Tuesday, the
Bay and Bell Railroad Investment Securities. Col
ect Coupons and Dividends. Negotiate Loans and
draw
J.
Exchange on London.
CAMBRIA IRON COMPANY
By order of the Board,
\
Bills of
Ageats of the
«d of April next
of
B. CHAPMAN,
JOHNSTOWN,
Pa., for the sale of their
All business relating to the Construction
of Railroads un lertabeo.
Providence Line
TO BOSTON,
VIA PROVIDENCE DIRECT.
IRON and
STEEL RAILS.
Secretory.
THE NEW
and Equip-
A Whole
MANCHESTER
TRUSTEES
D. Jones,
*w. H. H. Moore,
Charles H. Russell,
David Lane.
SarsM S. MlBer,
•f.
Charles Dennis,
Lewis Curtis,
James Low,
Gordon W. Bfiftiham,
,WUiiam Sturgis,
•Joslah O. Low,
William E. Dodge,
Soya
Thomas F. Youngs,
I
Phelps,
•C. A. Band,
"William H. Webb,
tdFear.cls
John D. Hewlett,
Charles P. Burdctt,
Sklddy,
Adolph Lemoyne,
Ohules
H. Marshall,
.Robert L. Stuart,
Frederick Channcey,
Adam T.
Beckett,
Bdmimd W.
Corlles,
William Bryce,
Alexander V. Blake,
Robert B. Mini urn,
George W. Lane,
Jam
Q. DeForcst,
Charles D. Leverlck,
s
Horace Gray,
John Elliott.
William H. Fogg,
Peter V. King.
J.
D. JONES, President,
CHARLES DENNIS,
W. H. H. MOORE,
A. A.
RAVEN, 3d
Locomotive
t
Vice-President
2d Vioe-PresUent,
Vioe-Pretldant,
glnes,
BETAS BLOOD, W.
superintendent
Manchester. N.H.
MEANS,
Treasurer,
40
Water sti set, Boston
Rope
STEEL AND CHARCOAL
IRON of superior quality,
suitable for MINING AND
HOISTING PURPOSES. :n
icllned Planes, Transmission
\ot Po*>r. &c, Also Oaivan'zed charcoal and BBior
hips' Rigging, Suspension
(triages, Derrick Guys.Ferry
A largo stock
Hopes, &c.
constantly on hand from
which any desired lengths
are cut. FLAT STEEL AND
[BON KOr"ES for Mining
purposes manufactured to
order.
A: CO.,
JOHN W. MA>ON
43 Broadway,
New York.
The Palace Steamer of the World,")
AND THE WORLD-RENOWNED STEAMER,
Et»"
n. h.
O.
MASSACHUSETTS,
(•'
and Tools,
MANcHSsras,
A
THE NEW MAGNIFICENT STEAMER,
Works,
MANUFACTURERS OF
(.ornruotlven, Stationary Mourn
Night's Rest.
Only 42 Miles of Rail.
Time, 60 Minutes.
ment
RHODE ISLAND,
The Queen of the Sound,")
will, on and after MAY
leave (dully) from Pier 23,
("
.7,
N.
R.,
toot of Warren
St..
at 5 P. M., arriving at Provi-
dence at 6 A.M., and Boston at 7A.M. No intermediate landings between New York and Providence.
Steel Pens.
JOSEPH GILLOTT'S
STEEL PENS.
Sold by all dealers throughout the World.
ugust
A
4, 1877.
THE CHRONICLE
]
Publications
of
'Hie most eminent
living authors, alien as
Prof. Dial I". tiller, Vrot.
Tyndall, HI. Hon. W.
E. Gladstone, Dr.W. It.
Carpenter, Prof, Huxley,
R.A.Proctor,Fran-
ces
Power Cobbe, The
ol.Vriill, Jas. A.
Fronde Mra. Moloch,
Mrs. Ollphant, Mrs. Alexander, Misa
Thackeray, Jean Ingelow, George
MacUonald, William Black, Anthony
Trollope, Matthew Arnold, Henry
Klngsley, Francl« Gallon, W. W.
Story, Auerbach, Huskln, Carlyle,
Tennyaon, Browning, and many others,
are represented in the pages of
Tna LiviNe AG*
18T7,
1.
Review,
Financial
enters
upon
Its i(Wtl
volume, wltn tbe continued connneui'a loo of the
men mid journals of the country, and with con-
best
Forwood&Co.,
Pirn
GENERAL COMMISSION MERCHANTS,
BOX 61 3,
Orleans, l.a.
BOX 4064,
York.
P. O.
P. O.
New
(ANNUAL),
New
Execute orders for Future Contracts In New York
and Liverpool, and make advances on Cotton and
other produce consigned to
LEECH, HARRISON
CONTENTS.
— National
I
OK WOOD,
Also, execntc orders for Merchandise In
Retrospect of 18TG.
mercantile Failure*.
Banking; and Financial—
United States
Sc
LIVERPOOL.
England, China, India and Singapore.
UNDERWRITERS IN NEW ORLEANS
for the
Bank Figures and
Foreign Marine Insurance
Company of Liverpool.
British
Sc
Currency Movements.
City- B ink R. turns, &c.
London— Money Market and Dank Iletums.
United
States
— Foreign
Commerce,
Tonnage
of
Co.,
56 BROAD ST., M;\V YORK.
BANKERS & COTTON COMMISSION MKKCHANTB
Trade
Balance, U. S. Exports and Imports Leading
Articles,
&
R. M. Waters
New York
Commercial-
Littell's Living Age..
Jan.
THE
the
Y. Tribune.
inilii-
Cotton.
PnbJications.
«CIIOI<:K*T LITEIUTI1BE
»AT.»-.V.
vn
Trunk Railroads and
Investment Securities bought and sold. Orders exe
cuted at the Cotton Exchanges In New York and Liver
pool. All lJusiness transacted Strictly on Commih.
sio.v, so that no In crest of our own can possibly
conflict with that of our patrons.
stantly lncrensln* success.
lo 1877 it will furuiBh to its reader* the productions
Of the foremost authors above-namci Rnd many
others: embracing the cholotsl Serial ana snort
Stories by the
LEADING FOREIGN NOVELISTS,
Canals.
New York City— Prices
ports, Imports,
Merchandise, Ex-
of
The Money Market—
and an amount
Unapproached by any other Periodical
the world of the most valuable literary and scientific
matter of the day, from the pens of the l.KADlNO
New
Influences In
No. 134 Pearl Street,
ESSAYISTS, SCIENTISTS, CRITICS, DISCOVEK-
EK8 AN D KUITORS, representing
every department
Knowledge and Progress.
Th* Living ags (iu which its only competitor,
"Every Saturday. h*s been merged) la a ioeek.li/
magazine of sixty-four pages, giving more than
THREE AND A QUARTER THOUSAND
double-column octavo pages of reading matter yearly*
It presents In an Inexpensive form, considering Its
amount of matter, with freshness, owing to its
weekly Issue, and with a satisfactory completeness
attempted by no other publication, the best Essaye,
KevtewB, Criticisms, Tree, Sketches of Travel and
Discovery, Poetry, Scientific, Biographical, Historical
and Political Information, from the entire body of
Foreign Periodical Llterrture.
it is, therefore, invaluable to every American reader,
as the only fresh and thorough compilation of an
current literature,— indispensable
embraces the productions of the
tudispensftole
cause
It
in all branches of Literature, Science, Art, and Politic*.
" It reproduce* the best thoughts of the bes'. minds of
the civilized world, upon all topics of living interest."—
Philadelphia " inquirer."
" With tt alone a reader may fairly keep up with all
that is important in the littrature, history, politics
and science of the day."—" Toe Mettiodlst, ,f N. Y.
best
Nation,"
of
New
our
York.
all
eclectic
publications."— " The
"And Vie cheapest. A monthly that comes every
week."—" The Advance," Chicago.
"A pure and perpetual reservoir and fountain of
entertainment and instruction."— Hon. Roberto >V1lthrop.
" fuitly
ictt\out
a
rival."— " Congre^atlonalist,
Bo? ton.
" The best periodical in America."— Rev. Br. Cuyler
" Indlsp' usable to every one who desires a thorough
alt that is admirable and noteworthy
compendium of
in the literary world. —••* Boston
••
Ought to find a place in every
New York
i
o»t."
American Home."—
4*
Time*.'
PtTBLiBMRri WKXKLYat$8 00 a year, free of postage;
or for $10 50 The Living Agb and either one of the
American $1 monthlies (or Harper's Weekly or Bazar)
will be Bent for a year, both postpaid; or, for $9 50,
Th* Living ask and Seribuer'a 8i. Nicholas or
Appleton's Journal.
Address,
LITTELL A CAY,
ESTABLISHED
Ronton.
111.
V
JOURNAL,
DEVOTED TO THE TECHNOLOGY OF
TEXTILE ARTS AND DYEING IN
ALL THEIR BRANCHES.
,
TheUKCORD
is
Prices of Silver in London.
and weaving directions for all woolen
fabrics, ginghams, and prints from the newest
'foreign sun pies, and of original conception. Also
amp: v« of aid recipes for rtandard new and novel
effects in 4yes and colors. It is indispensable to
weavers, designers and dyers.
The Hrt.13 of Subscription areas follows:
Rbookd
$1 .Id per annum.
tainB designs
SUPPLr'^IENT
Boih Publications
3 60
"
5^0
"
AND
COTTON FACTOR.
Principles Relating to Investments.
New
Investments of Financial Corporations in
York
THE INDUSTRIAL RECORD
New
39
CO.,
York.
BROAD STREET, NEW YORK.
Compound
lations of
Showing Accumu-
Interest Table,
Money
in a Series of Years.
Table Showing the Rate Per Cent realized on
Securities Purchased at different prices.
Stock Speculation in New York.
Table Showing the Interest Cost of Carrying
Stocks.
Orders executed at the Cotton Exchange, and ad*
vances made on consignments of Cotton and other
Produce, and upon shipments to correspondents In
Liverpool.
Robb &
Debt of the United
New
and Securities-
State Debts and
Immunity from Prosecution.
of Exchange on the CITY
HOTTINGUER &
Railroads of the United States.
Railroad Preferred Stocks.
Railroad Earnings.
Prices of Railroad Bonds, 1873-1877.
To Subscribers
79
&
Orr?«r« In Futures executed at N.
1
&,
25
81 William Street, N. Y.
R. Smith
'PEARL STREET,
&
Walter
S3
& Co
&
Krohn
&
Wheless,
COTTON
,
Co.,
COTTON
COMMISSION MERCHANTS,
NEW
NEW YORK.
BEAVER STREET, NEW TOBC.
McAlister
C. Johnson
Y. Cotton Rxchange
COTTON BROKERS,
COTTON BUYERS FOR MANUFACTURERS
HI li .71 PHIS. y%'NN.
"1".
136
CO.,
Cotton.
J.
Co.,
COTTON BROKER,
$1 00
B. DAJfA
PUBLISHERS,
&
Geo. Copeland,
Toall others
WILLIAM
BANK, LONDON, ana
PARIS.
H. Tileston
CLOTH:
of the Chuoniolb
CO.,
COTTON BUYERS * COMMISSION MERCHANTS
60 Stone Street, New York.
Prices of Railroad Stocks, 1872-1877.
IN
York.
Advances made on Consignments. Special attention
sld to purchases or sales of " Cotton Futures." Bills
Prices of State Securities, 1360-1377.
Railroads and their Securities-
PRICE
WALL STREET
No. £8
States.
Prices of U. 8. Bond?. 1860 to 1877.
State Debts
Peet,
BANKERS AND COMMISSION MERCHANTS,
United States Debt and Securities-
COMMISSION MERCHANT
NASHVTLLK, TENNESSEE.
Special attention given to Spinners' orders. Corro
spondnnce solicited.
_
_
Rkkkp.sncks.— Third and Fourth National Bank*,
and Proprl jtors of Th* Ckioniuls
Lamkin
44 Broad Street, Boston.
Liberal advances made on consignments. Prompt
personal attention paid to the execution of ordens for
the purchase'or sale of contracts for future delivery.*
&
Eggleston*
Cotton Factors,
YORK,
JJTD
EXCHANGE PLACE,
1,296.
No.
City.
185 PEARL STREET,
Address
)
Liberal advances made on consignments of otlon.
Orders executed at the Cotton Kxchr.nse for the purchase and sale of contracts for future delivery,
Shipping and Commission Merchant
the oldest and best publication of
manufacturer} and operatives In the United
States and Canada and in Europe.
The Supplement, also published monthly, con
8. O.
A. L. Richards,
New York, 1871-1877.
Investments and SpeculationPrices in
Bilk
Box
to 1877.
Influences on the Market.
the English language, and has a most
extended circulation among woolen, cotton and
P. O.
from 1862
Co.,
Foreign Exchange-
Its clare in
18
New York,
6c
,
CHARLESTON,
U. S. Cotton Crop and Movement, 1875-76.
European Movement (Ellison's Circular.)
Record.
York.
COMMISSION MERCHANTS,
65 Beavrr St. Sc 20 Exchange Place,
GEO. W.
ILI.IAMS & CO
>
Bankers & Commission Merchants, >
NEYf YORK,
1
Silver in the United States.
Review
Manufacturers'
A MO VI
Production, Exports and Imports of Gold and
Cotton—
1SG8.
TUB
& Industrial
Williams, Birnie
1870.
be-
ABLEST LIVING Wit ITERS
"The
Loans and Commercial Paper since
Gold and Silver-
Prices of Gold in
New
York, and Prices of Call
in
01
Hopkins, Dwight&Co.,
COTTON FACTORS & COMMISSION MERCHANTS
and Domestic Receipts.
VICKNBL'HG, MISS.
Orders to purchase Cotton In our market solicited.
Befer to Messrs. NORTON, SLAUGHTER *
CO
Bow York.
THE CHRONICLE.
via
J. 8.
&
Henry Hentz
Co.,
GENERAL
COMMISSION MERCHANTS,
174
176 Pearl
4;
St.,
New York.
Advances made on Consignments to
BeHn. JAMES FIX LAY A
LIYKK?OOL, LONDON
CO.,
nenn, FlNLW, Ml
&
lis
H.
J.
BANKERS
&
Co.,
CO.,
and
Farley,
&
Congreve
TIN PLATES,
Sanders,
METALS,
STEEL AND IBON RAILS, &c, &c,
1C4-106 JOHN STREET,
GENERAL COMMISSION MERCHANTS,
New York.
IIS PEARL STREET.
AND
GRINNAN & DUVAL,
*l
New
I
» orl£.
1
GALVESTON,
New York and Liverpool.
H. W. &
Grinnan, Duval
Cotton Factors
CALCUTTA AND BOMBAY.
ytJTURE CONTRACTS FOR COTTON bought
ALPHONSE LACV2
B. G. DTTVAl.
OSISXAK.
and Commission Merchants,
AND GLASGOW.
Also execute orders for Merchandise through
old on commission In
Miscellaneous.
Cotton.
Cotton.
XXV
[Vol.
Tt,XAS.
J
Transact a general banking business. Particular at*
of
Banks
and Bankers.
tention given to accounts
Advances made on consignments of Cotton, "Wool
Hides and Grain.
Future contracts bought and sold on commission, in
New York and Liverpool.
&
Ware, Murphy
COTTON FACTORS,
COMMISSION MERCHANTS,
Co.,
Henry Lawrence &
MANILA, SISAL, JUTE A
TARRED
CORDAGE,
FOR EXPORT AND DOMESTIC I SE
HANGS OF RU3GINO MADE TO ORDER.
192 FRONT STREET,' NEW YORK.
HOME
Cotton Factors
AND
Sons,
MANUFACTURERS OF
Company
Insurance
FINANCIAL AGENTS,
AND
132 Pearl Street,
GENERAL COMMISSION MERCHANTS
OF NEW YORK.
COTTON EXCHANGE BUILDING,
Forty-Eighth Semi-Annual Statement,
P.
o Box
New
3,909.
York,
Advances made on Consignments.
Of K CONTRACTS FOK FUTURE DELIVERY"
Special personal attention to the purchase and sale
OF
COTTON
GOLD COIN, STERLING AND OTHER FOREIGN
EXCHANGE. GOVERNMENT AND CORPORATION BONDS, STOCKS AND SECURITIES OF ALL
sold on commission. Accounts of
Mercantile Firms, Banks, Rankers, and Corporations,
received; and Advances made to our customers when
desired, on approved securities. Including commercial
time paper received for collection, to such extent.and
In bucu manner, as may be In accordance with the
nature of their accounts.
KINDS, bought and
CORRESPONDENCE SOLICITED, to
attention
is
which prompt
delivery of cotton.
&
78 Wall
Stillman,
Street,
New
Special attention paid to the execntion of orders lor
the purchase or sale of contracts for future deliver;
made on consign
advances
ments.
&
C. Watts
&
Dennis Perkins
Co.,
117 Pearl
Street,
New
York.
& Co.,
50 ITall Street, New York.
MERCHANDISE DEPARTMENT.
BABCOCK &
CO.,
LIVERPOOL.
COTTON BROKERS,
No. 146 Pearl Street, near Wall, N.
Co.,
Y
1-841.
L. F. Berje,
LIVERPOOL,
purchase or sale of future shipments or deliveries.
new Orleans', la.
BLOSS & INCHES,
Advances made on consignments, and all Information
COTTON PACTORS
COTTON
and order" tor the
orded by our friends, Messrs. D.
one street,
New
Baronne
WATTB 6
York, and Messrs. D. A.
Street,
GIVEN &
New Orleans.
Knoop, Hanemann & Co
COMMISSION MERCHANTS,
(2 EXCHANGE PLACE,
NEW
GENERAL COMMISSION MERCHANTS
142 Pearl Street, New York.
3. L.
CO
MACAULAY.
J.
MACATJLAY.
Macaulay & Co.,
MISSION MERCHANTS,
WILLIAM STREET,
NEW
YORK.
Future Contracts for Cotton bought and sold on
Commission
DE JERSEY & CO.
Bliss
&
Bennet,
GENERAL
Issued at this onlce
in
New York and
J. H.
New York.
or the nurchase or aale of Contract* for Future
MNbV
Sawyer, Wallace
&
Co.,
-OTTON FACTORS a COMMISSION MERCHANT
47 Broad
Street,
J.
MARTIN,
WASHBURN,
New York.
President.
Secretary.
ROYAL
Insurance Company,
56 Wall Street, IVcw York.
STATEMENT, JANUARY 1st, 1877.
$9,651,500 00
Subscribed Capital
Cash
$1,447,725 00
4,737,618 05
Surplus for Fire Policy-Holders
$6,185,343 05
Of which there is paid up
Net Fire Surplus
in
jETNA
Insurance Company
of hartford.
CHARTERED
1819.
IN
Liverpool.
Robt. L. Maitland& Co.,
BRANCH OFFICE:
No. 173 Broadway,
New
Yorte.
COTTON FACTORS & COMMISSION MERCHANTS,
No. 43 Broad Street,
New York.
Edward H.Skinker& Co.
COMMISSION MERCHANTS,
121 Pearl Street,
9,923 36
$6,143,274 77
JAS. A.
ALEXANDER,
Liverpool
COMMISSION AND COTTON MERCHANTS,
Special attention given te the execntion of orders
UO
50
00
427,831 35
67,333 2*
92,052 7i)
6,538 2J
Realestate
nousss or
Rlanchester and Liverpool,
00
ITI
22
YORE.
A.
1417,584 33
1,932,853
2,734,000
268,«>7
186,456
Premiums due and uncollected on Policies
AMD
Co., 51
ASSETS.
Cash In Banks
Bonds and Mortgages, being first lien on
real estate (worth $4,641,500)
United States stocks (market value)
Bank Stocks (market value)
State and City Bonds (market value)
Loans on Stocks, payable on demand
(market value of Securities, *570. 17 25)
Interest due on 1st of July, 18:7
Balance in hands of Agents
CHAS.
F.Wenman & Co
Tames
$6,143,274 77
.'.
Total
cotton buyer and commission merchant,
bON.M
TOTAL ASSETS
.
Orders executed at the Cotton Exchanges in New
York and Liverpool, and advances made ou Cotton
and other Produce consigned to them or to their tirni
abroad.
B. P.
267,780 92
1,041,490 75
NetSurplus
SUMMARY OF
21 Brown's Buildings,
Solicit consignments of
Condition of the Company on the first
day of July, 1877.
CASH CAPITAL
$3,000,000 00
Reserve for Re- In sura nee
1,83-1,003 10
Reserve for Unpaid Losses and
Dividends
Establlshed (In Tontine Building)
W.
con-
signments.
York.
AND
General Commission Merchant*.
Liberal
made on
Liberal advances
Babcock Brothers
Cotton Factors
of cotton.
ordert
contracts for future
for the purchase or sale of
BROADWAY.
135
SHOWING THK
he execntion of
COTTON BROKERS,
SEAMEN'S BANK BUILDING.
74
NEW YORK.
Special attention paid to
always given.
Woodward &
Horn.
OFFICE, No.
•7 Pearl
Street,
New
York.
Bro.,
J. Baker &
PEARL STREET, NEW YORK
H.
215
IMPORTERS AND MANUFACTURERS OF
Prime Quality chemical Manure
Chemicals for the Villi; formulas, for all Crops.
Chemicals for the Stockbridge formulas.
Dissolved Bone— Sulphate Ammonia, Nitrate Potasn
Nitrate Soda, Sulphate of Potash, Muriate of Potash
40 per cent actual Potash.
Super-phosphate Lime
Also, strictly pure ground Bone.
Our descriptive clrcul»s mailed free. The materia
for special fertilizers for particular crops.
London
<jr
Agent.
&
Globe
Lnsurance Company,
4-5
William St
Assets
In the U. S., $3,000,000
@FedFRASER