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:

ramde

AND^

v^

HUNT'S MERCHANTS

MAGAZINE.

REPRESENTING THE COMMERCIAL AND INDUSTRIAL INTERESTS OP THE UNITED 8TATI8

VOL.

NEW

31.

YORK, DECEMBER
Financial.

Financial.

N. PIIKI.PS,

JAMBS SToKKS,
AN80N PHKI.PS STOKES.
F. P.

Drexel & Co.,

Drexel, Harjes

OLCOTT.

&

45

47 IVall Street,
I

3 S

New

York,

No. 84 SocTB Tbibd

TRAVELERS' CREDITS,
CIRGITLAR NOTES,

COMMERCIAL. CREDITS.
C. J.

Hambro

Soc.

iTsUable

In all parts of tbe

9,0*0,000 Francs.

Rlessrs. J. S.

noROAN &

n

ST..

Fblii Gktsab. President.
ALFKED Maqc I.NAT (Graff* MaqolDaT), vlcePres
J. B. Von sik Bkcek (B. Von der Uecke}.
OTTO GuNTHKR (CornelUe-Davld).
Emile dk Gl TTaL.
AD. Fbank ( ?>ank. Model & Cle.)
Aug. Nottkb )hm (Nottebohm Frerea).
Kb. Dhanih (MIchlels-Loos).
Job. Dau. FnuBMANN, .Jr. (Joh. Dan. Fubrmann).
Locis Wkhkh (Kd. Weber & Cte.)
Jouis Kauibnstbauoh (C. Scbmld * Cle.)

TRANSACTS

A

GENEKAI. BANKING BUSINESS.
PoTTEB.

P.

Prest.

J. J.

Eddy

AVAILABLE

$400,000
400,000

SLKPLCS

Business from Banks
.
«
Oorbusiness paper discounted

specialty.
solicited.

Satisfactory

LlNDLEY HAtNKS

Lewis H. TAYLOR. Ja.

L. H. Taylor

&

Co.,

Bankers and Brokers,

SOUTH THIRD STREET,
PHILADELPHIA.

Deposits received subject tavcheck at sight, and
interest allowed on dfllly balances.
Stocks, Bonds. Ac. bouKht and sold on commission
in I'hiladelpbia and other cities.
Particular attention iriven to information regardInu Investment Securities.

R. T. Wilson
BANKERS
L.

&

AiTB OOMMIBSION

3 Exeltaiitfe Court,

WM.

BKKESK.

Members

of

New

Co.,

MERCHANTS,

New
WM.

Bree.'^e

York.

SMITU.
York Stock Exobange.

&

P.

Smith,

BROKERS,
Vo. 29 BUtOAD STREET, NEW YORK.
•oTerwncnt Bonds, Stocks and all Investment
SeOTiritit's

SniTB, PAVHB * aniTH'S,
BANKKKS, LUKOOa

"UMITEB;MANOIESTKR, PATABLX UT LOSDOII

ULSTER BANKINS COSIPANT,
BELFAST. lUXLAKD
ABD OM TnS

NATIONAL BANK OP SCOTLAND,

In

S.

of exchange

BANKERS,

01.'

THE WOULD.

Francs, In Martinique and Guadnloupe.

tbts

G.

K.noblauch

&

and other countries, through London
and Paris.
Make Collections of Drafts drawn abroad on all
points in the United States and Canada, and
of Drafts drawn in the United States
on Foreign Countries.

Between

AL*o.

TKANSriBS AND LrrTKBS OF CRKDrT

'.ylBLiC

ST., N. V.,
BUY AND SELL

ANY PART

&

;

SANOIHCSTER * COWNTV BANK,

TTALL

IN

Co.,

29 WllUaas

Lichtenstein,

St., cor.

NEW
Make
I>n7

«

all

Talairraphlc

Excbanc* Plac*.

YOKE.

Money Traasf en.

Bills of Exchange and Isms Lsttsnei
prUetpol cities o' Knrops.

CiMK

SPECIAL PAUTKEK.
ORflTSCHR RANK, B^rlta.

Kountze Brothers,
BANKERS,
130 Broadnray (Equitable Bulldlnc)<

NEW YORK.

G. C. Ward,
AOKNTS FOB

LETTERS OF CREDIT

BARING BROTHERS 4c CO.WPANT,
S3 WALL STREET. NEW YORK.

CIRCULAR NOTES

28 STATE STREET, BOiTON.

J.&W. Seligman&Co.,
S9

BANKERS,
EXCHANGE PLACE,

COKNKR BROAD 8TRKBT. NEW TOKK.

Issued for the use of traveleip In
all parts nf the world.
Bills drawn on tbe Union Bank of Londoa
Telegraphic tranafera made to London aad to
varloua pUoea In the United States.
Deposits received subject to check at alctat. aad Interest allowed on balsncsa.
Government and other bond* and inTSstmoat •••
curltlsa

bought and sold on commlastoa.

tt

respoDdence invited.

140

Co.,

TRANSFERS
MAKE TELEGRAPHIC
OF mwNEir

BOSTON,
CAPITAL,
and Bankers

&

&

If

BOmBUBG, AND BKANCUIS;

CO.,
LONDON.

Cashier.

Maverick National Bank,

COLLECTIONS

OLD BROAD

bil.es

And

BOARS OF DIRECTORS

A8A

world.

Stuart

J.

ASIA i; STB BET.
BILLS OF EXCHANGE ON

Attob'NBYs akd AesHTt or

ON GREAT BRITAIN AND IRELAND. FRANCE.
GERMANY, BELGIUM AND HOLLAND.
Issue Commerilal and Trarelers' Credits
JN STERLINO.

Antwerp.
- -

Cc

Deposits received subject to Draft. Becarltiea.Ooldj

No. S9

Anversoise,

ft

Haoumann

Parts.

Brown Brothers

Banque

Paid-Up Capital,

BooleTtrd

ftc.jjDought and sold ou coniinlsaion. Interest aUowea
on Deposits. Foreign Kxctiantie. Commercial Credila.
Circnlar Letters (o» TraTelart,
Cable Traneters.

No.

Centrale

81

&
•S

DOMESTIC AND FOREIGN BANKERS.

LONDO}f CORRESPONDENTS:

&

St..

Pblladelphla.

UB

The'Uoton Bank of Liondon. Messrs.

J.

COHNER OP BROAD, NEW YORK.

n

t virvna
Uliiva)
UA;:*

8(6.

FInaaelal.

Drexel, Morgan & Co.,
WALL STREET,
Co.,

&

Phelps, Stokes
I.

NO.

18,1880.

bought and sold on comjnisalon.

Wood &

Issue Letters o' Credit for TraTelerg,
Payable In any par of Xnrope, Asia, Alrlos, AnstralU

tnd America.
Draw mr.s of Bic^ange and make telegrapblc tratulers of money on Europe and California.

&

John Munroe
No. 8 ^Vall Street,
No.

Co.,

New York,

4 Post Office Square, Boston.
CHEQUES AND CABLE TRANSFERS ON

miJNROE

dc

CO.,

PARIS.

STKBUNa CHEQUES AND BILLS AT SIXTY
DAYS' SIGHT ON

ALEXANDERS &
CiBOOiiB NOTBs iin>

CO.,

LONDON.

CBsnrrt fob Tbatbubs.

Hilmers,McGowan & Co
BROKERS IN
Foreign Exchange, Stoclis and Bonds,
63 Wall Street, New York.
attention paid to orders at the

Sneclal
Sto^ Sichange anfiNew York Mining

New York

Board.

Davis,

BANKERS AND BBOKERS,
31 Pine Street,

New

York.

Ctl'"'. MITMCIPAL AMD
BnUOHT a£o
BAILBOAU SETnlriES
"
Sbl.K ON CO.M MISSION.

OOVEKNMENT

CHOICE RAII.UOAIl MoiniiAOB BOIUM
FOU SALE.
SAMt, D. PATH.
WOOD.

C. D.

ruABLW SrrON HKXBT.

Henry
Ki

8TOCK!i.

&

W. HOWAKO OlLOBB.

Gilder,

BROADWAY. BOOM

10.

BONDS AND MISCKLLANBOBS
8ECl'KITIE8

BOUGHT AND SOLD ON COMMISSION.
Members New York Minim Stock Kjchams.

A. H. Brown

&

Co.,

BANKERS AND BB0KEB3.
1 Wall St., Cor. New, New fork.
INVESTMENT SBCUWTIKS.
of oo«atry banks.
Special attention to boslnesa

:

THE CHRONICLE.

a
Canadian Banks.

Foreign Exchaiisc.

Merchants' Bank

Nederlandsche

OF

Handel-Maatschappij,

CANADA.

The Netlierland Trading

$S,&00,000 Paid Up.

Capital,

JOHN HAMILTON.
Tioe-Preiident, JOHN McLENNAN,
Hob.

I>re*14eQt, the

HEAD

B8<J.

OFFICE, MONTKEAI..

OBOKOE HAGUE, General Haoager.
WM. J. INGRAM, Aut. General
BANKERS

Maoafrer.

upon

Mercbandife»j for Export.

OLlVKl;

Mw TOBK. .January

JOHN

B.

jR.,i

ji .™ I » »

Bank of Montreal.
CAPITAL,
8i;rpi.ijs,

-

$13,0O;>,000, Cold.
£,000,000, Gold.

OEOKQE STEPHEN,
C. F.

Koa. 59

BMITHER8, General Manager.
ie.

Neiv York.

&

H

li

.'n

<

'o

»«

«

N

\

Walteu Watson, A**"".
x-en.,
ALKX'K LANG,
i
)

Boy and sell Sterling Exchange. Franca and Cable
Transfers grant Commercial and Travelers' Credits
available in any part of the world; issue drafts on
and make collections In Chicago and throughout
the Dominion of Canada.
Offlee,

HLAKk

BKIr fr.

«

CAPITAL (paid-up)
RESERVE FUND

tS.OOO.OOO
1,600,000

UOKG KUNG.

UFFiCE.

The Corporation

priint Drafts, issue Letters

STIIEET.

San Francisco and Chicago.
Bills collected and other banking business trans-

MCTAVISH, Agenis.
,.„-„,.
W. LAWSON,
i

D. A.

)

Imperial Bank of Canada
Capital,
H.

$1,000,000.

8. HOWLAND, President

HEAD

;

D.

li.

WILKIE,

Cashier

OFFICE, TORONTO.
Bbanohss:

CATHARINES, PORT COLBOUNE. ST. THOMAS.
DIGERSOLL, WELLAND, UUNNViLLE, FERGUS.

BT.

:

|

Agents

in_

The Nevada Bank

New

L.

York.

I

N4^'t A»^,

\.«.

St.

BONDS,

S.

Agent.

ISSUES Commercial and Travelers' Credits, available in any part ot the world. Draws Exchange.
Foreign and Inland, and makes Transfers of Money
by Telegra ph and Cable.

.

&

Thos. P. Miller

.MIILtB

Co.,

BANKKItS.
Special

rem it t;i

I

attenthm

wih

psttd to collections,

ice 6 at current rate« of

prtimpt.

exchange on day oT

—

Correspondents. German- American Rrck, Neip
Louisiana Ntttional Bank, New Orleiins Banlc
;

;

of Liverpool, LiTcrpool.

P. F. Keleher
305 OIilV£

STRBBT,

&

Co.,

ST, LOUIS,

iUo*.

Western Investment Securities forsale. St. Louis City and States of Missouri, Kansas,
Texas, Arkansas and Colorado Bunds a specialtT^
Full Information given in reference to same on ap
liCiktion. Coupons and dividends collected.
First-class

H. R. Prather & Co.,
Anglo-Californian Bank REAL ESTATE AND INSCRA.NCE,.
(LIMITED).
86

LONDON, Head OfBce, 3 Angel Oona.
SAN FRANCI^CO uffice, 422 California
\

K

W

Agents, J. & W. Seiieman & Ct..
Corresiioud'ts, MassacliuscttB N. B'k.

BOSTON

Autltorlzed Capital,
Paid up aud Reserve,

$0,000,000.
1,'OO.OI»0.

Transact a general banking business. Issue Commercial credits and Bills of Exchange, available in
all parts of the world. Collections and orders for
B,>nds. Stocks, etc., executed upon the most I'avorableterms.
KKKD'K K. LOW,
i Manaiier.
!""''"*"'"

IGNATX STRINUAHT.

y. N.

LILIENTHAl..

SIXTH AVE., WEST OF KAN. AVE.,

TOPEKA. K AIMS IS.

bu

¥ORK

Loans negotiated. Collections made. Taxes paid.
Mnnlcipal Securities bought and sold.
O.iT.fKSZXL,

)

t'resldent.

J

LITTLE
CAPITAL

ltO<-K,

«75,0C{).
'i£,OOI>.

irlveii t(> all tinsluens in

Lawsoo

onr md*i.
a Co. arid

Financial.

Lummis & Day,

St.,

BOSTON.

AKR.

U'Axa-iS)

9in<FiiDe

BANKERS,
72 Deironitlilre

Cashier.

i

German Bank,

Geo.Wm.Ballou&Co
14 Wall Street,

Is.S.

N. Y. CORB^*~^KT>nvrH. '>'>nii»'ll.
fhe Metropolitan National Bunlt.

Boston Cankerit.

(C.l.W.»»li

?IA1>. 1;aM^,
Incorporated

Prompt attt^T^tlor

Cashier.

DEPOSITS RECSirXD AMD INTEREST ALLOWED.

Nederlandsch Indische
Handelsbank,
AiaSTERDAm, HOLLAND.
ESTABUSHED IN 1863.
Fald-Vp Capital, 13,000,000 Guilders
($4,800,000 Gold.)
HEAD OFFICE IN AMSTERDAM.
it, BataTia, Soerabaya and Samarang.
Correspondents in Padang.

Issne oommerclal credits, make advances on ship.
ments of staple merobandise, and transact otb«j
business of a financial character In connection witb
tbe trade vlth the Dutch East Indies.

BLAKE BROTHERS &

V

Nos. 34 and 35

DREXEL BUILDING,
BROAD STREETS,

Cor.

WALL.

and

Foreig^n Bankers.

18

•

Wc§1crn Banks.

BRANDER,

NEW^ TORK.

Agencies

1 L*

MILLER. R. n. WILLIAMS. JNO.
CUAS. B. MILI.KK.

r.

OF

SAN FICANCISCO.
York Agency, 6i Wall

New York

Bank of Montbsjli,,
BOSAKqUKT, S&LT & CO.,
5» Wall street.
98 Lombard street.
Promptest attention paid to collections payable In
any part of Canada.
Approved Canadian business paper, payable In gold
or currency, discounted on reasonable terms, and
proceeds remitted to any part of the United States by
gold or currency draft on

T108.

Yorfe

Dealers In American Currency and Sterling Exchange*

Agents In London

Vf

TUK

Sterling Exchnnge and Cable Tranffers. Issue demand drafts on Scotland and Ireland,
also on Canada, British Coliunbia, Portland, Oregon,
sell

acted.

Al-SKa. Ca^nief

National Bank,

First

payment.

California Baiik^.

SURPLUS, INVESTED IN U.
*1,COO,000 GOLD.

North America,
WALL

W

A. &

I

of

Credit for use of Travelers, and negotiate or collect
Billspayableat Bombay, Calcutta, Singapore. Salmon
Manila, Hong Kong, Foochow, Amoy, Ningpo,
ShunKhai. Hankow, Yokohama, Iliogo, Sau Francisco and London
A. .W. TOW!SSE?iD, Asent. 59 Wall St.

GEORGE
No. sa

rren

ct

Hong Kong & Shanghai

Mew

Bank

Buy and

Baukerx.

Soullierii
i. R. Hi-KHfipt.

Y. Correspon dents.— Vn-s»r».

N

No. 9 Itlrebln Lane.

AGENCY OF THE

British

UANKERS,

»

;

London

Stackpole,

DEVONSHIRE STREET
Bosro\

No. 68

«

E K

&

Parker

America

)

AMSTKKOAM, HOLI.A.M'

HEAD
OFFlCi.,

\V&L.t, 'K'rKKli'r.

61

ALSO,

Dealer* in Municipal, Stnte, Railroad andi
United 8tatea Honda.

BAMilMJ CORPORATION.

President,

NEW YORK

«N

i

STOCK EXCHANGES.

for

[

,

BOS>TOX.

1, ls79.

BANK
AND
«

Arenu

i

Adolph Boissevain
«i

-

CAKTER,

142 Pearl Street

Oflire,

...nH
Agentt

!

HARRIS

S.

STANTON BLAKE,
HKNRY E. HAKLEY,

Co.>

!

MEMBERS OF THE NEW YORK AND BOSTON

)

;

K ER

.N

ri»MGItliK« OTKBIvl.

3o

IVo.

Execute orders for the purchase or sale of Mercrtab
dise. iioDds, stocks, ana other securities, in ihb
United btates, Europe and Uie Kast make Coilectlou.
buy aud sell Forel*:n Kxciiange, and give advance*

Neiv York Asencr, 48 Excliai>Ke*pl<>c«>

HENRY HAGUE.

B d

Sotietj

Gold

&

Brewster, Basset

ESTABLI9ED 1834.
Pald-np Capital, 3«,A00,00o Fiorina.

LONDON, ENG.— The ClydesdBle Banking Comp'y.
NEW YOHK— The Bunk of New York. N. B. A.
The New York Apency buys and sells SlerllnK Ex-

change. Cable Transfers, issues Credits available in
all parts of the world, makes coliections in Canada
and elsewhere, and issues Uriifts payable at any of
the oflices of the bank in Canada. Demand Drafts
issued pavable in SC(»tland and Ireland, and every
description of forelKn banking business undertaken.

BoNioii Bankers.

OF HOLLAND,
(itl4,40l>,000.

xxsL

rvoL.

CO.,

AOENTS rOB NOBTH AKUUCA,
WALL BTBHHT, NEW YORK,
Se BTATS STKBBT, BOSTON*

Clioice

RAILROAD and mCUNICIPAL
SECCRITIES For

Qko.

Wm.

Ballott.

Sale.

&

Co.,

BANKERS,
DEVONSHIRE STREET,
R O S T O N.

Orders for Stocks executed In Bo»ton,'New.Tork
Mid other marfcets.

Chas. A. Sweet

&

Co.,

BANKERS

40 STATE STREET, ROSTON.
DEALERS IN GOVERNMENT SECURITIES
Btfttei Ctty,

Gwynne & Day,

Oso. H. Bolt.

Tower, Giddings
No. S5

BANKERS AND STOCK BROKERS.

Henry DAr,
William Lummis,
Members of New York Stock Exchange.

C«ttnt7 and Railroad Bonds.

[Establialied 1854.]

No. 45 Wall Street^

Transact a general banking and brokerage business in Railway Shares and Bonds and GoTernment.
securities.

Interest allowed on deposits.
Investments carefully attended

J.

H. Latham

to.

&

Co.,

INVESTMENT SECURITIES,
Naw York

City, Chicago, Cincinnati,
Louis, District of Columbia, and

Government

St.

Securities*

FOREIGN EXCHANGE.
STREET.
52

J,

WILXIAM

H, LATHAM.

F.

W. PEBRT.

^

December

THE CHRONICLE.

18, 1880.J

Financial.

Ftnanelal.

BONDS OF (ilJRFTYSHIP

FIDELITY UDABANTEB BUNDS
ARB IMUBO BT TBI
FIDELITY A. CASUALTY Ce.

For

aud Employeeii of Bank
and Hallways.

Officers

Mo Bank on Raii.hoad Bmpi.uyek Nkkd ahk
Fkie.m>8 tu Become oh Continue Ills
Sureties, ah the

uia

Canada Guarantee Co.
-GRANTS

BONDS OF SKCURITY KOR AIX

KLlGlBIiE MKN IN SUCH POSITIONS AT A
TlUFLI^(i CHAU(iK I»KK ANNUM.
This company's Kurotyslilp In uc<;ept«;d by many
of the principal U. S. Uuilroiirt ('ompnnleM and some
of tbe Bunks. In ('Hnadii it« UoikIh iire nuw ulim.rtt

universally required by tlio (joverniueiits, Bunks,
liullwayfl, und Coninieruial Inutltntluns.

TuK Canada (aL'AitANTKB Co.MPANY Istheonlv
Company on the American Continent that hu«
sueeeaatully contluclud
wliicli is tlint

It

Itiisinoas.— a result of
ultle to eMtiibllwIi a Iloniis

tills

has been

ayslera for those who have been 'S or
the bool(.«i. M ereby the sub^eciuent

more years im
premiums are

.

annually reduced,— t/i« rediictUyn thU year
to 35 iter cent on thf u-guai rntr.

i»

COKPOIlATK OUAHANTKK

single cmitest ut latr.

ATallable Assets of the Company (at
5l8t Dec, 187H) over and above uncalled
1110.016
Capital, were

The

Resources

to December
Just published.)

Government

(See Report to

$478,466
30th, 1878,

Prospectus. Fokms, Ac, may be had on

Ml•

pualtlnui

ail

ons'

offloe, 187

Broadway.

(or

Preildnnt.
W. Biiiuuh. VIce-Prealdent.
JuUN M. ruANK, hecretary.

KliwARDSTAIIK.tieneral AiieK.
DlltKCTORH—Oeomii T. Hope. A. 11. Hull. U. OW.O. Low. A.8. Barnea. H. A. Ilurlbia,

.

John
NEW YORK,

BT.,

(DUEXKL Bfll.lMJia)
In InTcstmeat SaenrtUa*.
Orders SMcated at t he Stock aad Mlalof rntiia>M
Spaclal attention mveo to D«faait«4 BaUniad tm»

DMtUr

STOCK EXCHANGE.

or for invest luent.
Complete Financial Report Uaued woekly to our
correspondents.

Uanlclpal Seourltlos uf Ullaola, Kaaaas, Mmnsri.
Iowa and Nebiaaka.
Correapondeno* sulldtad and fall laforasUoa
Ktven OD all olaseee of bonds and atAcka.

Samuel A. Strang,
NEW YORK,

30 PI.NE SlRliET,

Tbeo. t. Sa.nr
>ax E. Baxd. Jobii sicsna.
Zdwa rp a. Petit, Member !i. T. Stock xek.

BANKER

MERCHANT,

COM.VIISSrON

Buysard

Sand

InTestmect Securities. All busi-

sells

ness connected with railways undertaken.

BEOAD STREET, NEW YORK.
CiAS

Joseph

P.

AND ALL KINUS OF

DEALT

&

F.

Buys and

commission. A specialty made of Western Farm
Mortgages bearing from 7 to 10 per cent Interest.
Will undertake the negotiation of loans npoa
Western City property in large or small amounts.

Kimball

/?. t/i

&

sells for cash, or

A

^ijestors or Dealers wishinff to bjy or sell ara
to o<jmmunlcate.
6t«ta, Mantotpal aatf
Railway Itonds and Coupons boojcbt and sold at bast
Slurket Rutes.

Oilman, Son

on approved margin,

mnd SeU #m Commission^ /or CatA, of on
Jiar^sHt Stocks^^ Bonds^ and ail Invesimmt

Stty

Socuritioo, i» ioU to luit.

WALBTON

«2 t'EPAR

solicited.

H.

BROWN.

No.

1

BONDS,

BANKERS,
New

York.

11 Pine street.

All Classes of Railroad

TOBBV

C.

3

I.

&

Hudson

Co.,

EXCHANGE COURT, NEW TORK,
and Private Wire

Office

"Clmhbui.axd," Broadway und 22d Street.
Buy and sell on commission, for investment or on

mariiin. all securities dealt In at

the

Stock Kxobunffe.
B. R. Leak.

T.

C. I.

Hunsox,

New York

H

KIB K,
New Tork.

coEoiiADoi
Abundant security. Also local InTsataent SeeaHties offered. Correspondence aolJcttad.
UKLEy..Denvcr, Col., aceot la Oolondpfor
C. u.

o

P. BI SSHLC

C. D.

a

CO., Bankera, of HaKfOfd,

R- A.

GCRLKT.

OU

ODBLKT.

Gurley Brothers,

&

TABOR BLOCK, DENVER, COLORADO.
Co.,
J.
Dealers In reliable MiDlns Propertiaa. OaaBtooa
a speeUKy. Correapoodaooaraiiusated.
STOCK AND BOND BROKERS, Mines
he Deaver banks.
Ueferenoee—Tn<

D. Probst

&
BANKERS,

So*

No. 58

KXOHANOB

PI.ACB,

NEW

ITANTBD t

YORK.

Stocks, Railroad Bosds, Gotersments and
mlscer-lanious secubtties bodoht and sold.

68 Broadway, cor. Exchange Place,
TRANSACT A GRNERAL BANKING BUSINESS
Co.,
Hickling
INCLUDING TUE PUROJIASE AND BALE OP
New Tork,
STOCKS AND BONOS FOR CASH OR ON MAR. 40 Sc 42 ExolianKO Place, 5 per cent marBuyimrtsoUiUlN. V. Stoclcs.on 3 to
GIN. BUY AND SELL COMMEKCIAL PAPER.
ca. »D0, 100 shares,
favorable
l»rivileges

&

D. A. BOODT.
BIBBEM LJU.ANS,

13o:(ds.

8 TO 9 PER CENT MORTOAOB BO?IOfl
ON IMPROVED I>t:\VEll REAL ESTATE.
GEO.

CUBTis.

Member N. Y. Stock Excb.

TBoodt|t

dc

No. 4 Broad Street,

at the

NEW YORK.

:

and Townaklp Bonda
OF THE STATES OF
NI!«S01'KI, Kl.NSASanJ .NEBUA>K\
Counljr

Citjr,

ALSO.

SPECIAL ATTENTION GIVEN TO TUB NEGOTIATION OF

Branch

Sec,

NEW STREET,

P. O.

HTKBBT.

WANTED

BROWN.

ritEI>. A.

RAILROAD SECURITIES.

Gas Stocks,

Co.,

In addition to a General Banking Bualnesa. bay
and sell Government Boadsand Investment Saearl-

WalstonH. Brown &Bro.

Beers, Jr.,

SECURITIES, CITT

&

BANKERS,
\

tmnd.

4 Exchange Co irt, Ntvi York.
11 years ntemitrthif In V. Y. Slock ExcAangt,

eROOKLYN

Tear

ties.

Co.,

BANKERS and BROKERS

N. T.

of all for the past 10

SPECIALTY.

Inmed

choice line of Investment Bonds always on

Correspondence

BROAD STREET. JIEW YORK.

RAILROAD SFCVHITIES

all Securities dealt in at the Stock Bxclutnk'e.

A

RKOKKB,

A!ND

(An Intimate knowiedue

Negotiates FIrst-CIaas Railroad. State,
and Clt7 Loans.

Investment Securities for cash or on

sell

No. 13

(Member of N. Y. Siock Exchange.)

Co.,

H. Smith,

Fred

BANKER

PINE STREET,
NEW YORK.

27

Stauk.

BA>KEKS,
BROADWAY, NEW YORK.

No. 42

COMMERCIAL PAPER NEGOTIATED.

A. Moran,

Daniel

8EK GAS QUOTATIONS IN THIS PAPER.

George Stark

COMMISSION.

NEW YORK.

ubject to check, and allow Interest on balance*.

John

Co.,

Buy and boU— on eomralsston— Government, Ratlway and Misocllancous Securities. Receive deposlu

IN.

Oeohoe Stabk.

McKean,

6c

STREET,

34 WALI.

BROOKLYN SECURITIES,

Buy and

w.c. McKbak.
Member of N. Y. Stock Kxcb'ge

Lloyd

ANn

GAS SECURITIES,

&

Brothers

BANKERS AND BROKERS.
64 Wall Street, New Tork.
STOCKS AND BONDS BOUOUT AND SOLO OR

llotd.

STOCKS

«TKEET RAILROAD STOCKS AND BONDS

F. Zebley, Jr.,
BANKKU AND BKOKEB,
BROAD HT., NBIT YOBK,

5

A strictly commbtslon buslaees twnducted In the
purchase und siilt> of Slocks tMid Bond, on Marfftn

AND
19

B. Kendall, llvnrr Maiwer.

,

STOCKS AND BONDS,
N. T.

«

and

imot
ot b«a>—s,wui

f Irrtt

monuy.

Coleman Benedict & Co.

applica-

Geo. H. Prentiss,

'

Alex. M. White, J'l.lah II. ly.w, Itlolfry
ll<,{
,
, It-.p**.
Auatin Curbln. edmund W. I^orllaa.
(Vllaa.
WM. U. BL'NKKR. Meratarr.

1864.

tion to the

HEAD OFFICE:
260 >t. .Tames Street, nC' ntreal*
EDWAHO RAWLINGS, Mauager.

•

Wm.

E8TAB1.IHUBD

MEMBERS OF THE

Bake mtsImss
Mmrnlea.

John P. Koife." <"haa.
t'haa.B.MarrlD.
V. Manlii. A A.'
X.tirw.
txrw^
ThnBiasHulMvan.Abm. H.Baylla. Henry K lOisMoa
(LILPIerreiiont. Daii'IChsuiirey. JohnT. Martta

Geo. S. Coe, J. S. T.Stninahan.fharloa Uennli, Wm.
M. Richards. II B. Clnflln, John D. Main. Lrman W.
Brlggs, f. B. Chittenden.

BROAU

..,

BiKlAU M. Ci'U.r!<,''ounael.
TttL'HTKIM:

WllllHTOB,

No. 24

^....^

find till.

Wm. M. KiCRARnA.

Lyman

,ii„i ,r,....i..,

'

iivtione,

its

HKutnst except Innul reverses.
The most complete and reliable Infurniallon Is obtained as to the antecettents of Kmplnyees.and this 1b
really of the flt»t Importance to the Kropio er, as
also the system of periodical supervision and rovUlon of th(<se on the Company's Books.
Over 100,000 have already been paid by this Company for Kisses by unfaithful employees, without a

And the Gross

ilairv

faltbrul p.r-

of trust.
Full Infurmatlon can be obtained at the

M. T.

This Compaiir la agiburlMd bf ifmeM ekarMr («
Ml a* rvreUar, inisivt, Kwanllas. suailar. or •••
lolainiior.
U can a>t aa aaent In the sale or iwuNMiaMal Of
U •itatn. codert InlirMt or dlTMeM*, ll»W»«

pononal

In lieu ol

bond wh(>re arcuritv U require*! for the
fomance ut tbe<utie>of (avIuTsiM la

Moot«nM A mi>toaaU..Broaklra,

Cur.of

YORK,

ThoonI; companr In th« Unltod SUtMinaimat**Ihe ndtflity of p«rBODt hnldtui po.Hlona of
pecnnlnrr truat and ntiponalbllLlr. thua Mcnrlna a

frani 15

tion, and h:iH
capital, to provide

The Brooklyn Trust Co.

Ing

The advantuire« of tranaactinff buslnesfl with this
Company are that It Is a well -est nblL-hed Instituample resorves. over und above

XKW

OF

Fteaaelal.

Box

fm.
f desired, wo

447.

C.

W

McLBLLAX.JR.

F. Q. SAI.IOKiIAJX.

lit

rill

will use our judirment in seiectinK
Opportunities oonstantiy occurrinij_l^

stocks.
large profits.

Cull or write fur Inlurmallun.

Detroit * Bay CnyRalhoad Bond*.
Chlcaco A Graad Trunk Railroad Bonds.
Fllnti Pens Marquette BallroiUI Seenrltlea.
St. Joseph A Western Railroad SwnirtUea.
South Carolina Railroad Seenrltlea.
Wisconsin Central Hailroad Land tiwitCounty, City and Town Bonds of WestsTJl
City of St Joseph, Mo, 7 and 10 Per Csnl
Iowa central "•"i'*?^"'!"""'^-,
I
FOIft S.l
Atchison Colorado A P'tfiO' «"• >" *["»*• B«nifc
ScioU) Valley Hailroad B.ind« and stock.
New Jersey Mldla,<d Kjllr-yd '« Motagye Bonds,
31 PUie St., If. Xe
B.
.

Ln

%^U WM.
.

-.-

VTLKY,

'^^j£l.*f^bJ£&—

:

THE CHRONICLE.

[Vol. XXXI.

Financial.

Financial.

RAILROAD L,AND
nEN'TRAL PACIFIC
BONDS.

The Mercantile Trust

\j

NOTICH.— The nnrtcrsianed, trustees under the
MORTGACiE OK TliE CENTHAI, PACIKU: RAII-KOAD COMPANY, mildo ti> them as

COMPANY,

1,AN1)

trustees for the bondhokiers and dated the first
list) (lay of October. 1870. hereby give uotlce
rilOUSAND
tbHt they hold FOUR
DOLI^AKS ($400,0(K)) in pold coin, with which, in
aceordancc with the ternis of said Ejortease. they
repose to redeem so muny of said bonds as shall
C offered at the lowest price but all bids <tver one
e
hundred and Ave (105) " Hat" may be rejected at the
opthon of the trustees.
Sealed bids for the surrender of bonds will be received at the office of the trustees, corner of
Fourth and Townsend Streets, in the City of San
Francisco, Cal., until the fifteenth (l^tti) day of
January, at 12 o'clock noon, A. D. 1881.:
J. O'B. GONN,

Financial.

Manitoba Railway Co.,

EQUITABLE BUILDING,

HUNDKKU

120

(DAKOTA EXTENSIONS,)

BROADWAY, NEW YORK,

;

8.

Ban Francisco,

Broadway,

dead of

New

York, December 10,1880.— A divl-

ONE AND THREE-QUARTERS (1J<) PER

CENT on

the

Preferred

Full particulars

TWO AND ONE-QUARTER MILLIONS

CHARTERED

13, 1880.

QFFICE OF THE CHICAGO ST. PAUL
MINNEAP0U8 A OMAUA RAILWAY CO., S2
Stock

of

this

This company

ie

1868.

J.

is

authorized to act as Ex-

ec itor, Adniinietrator, Guardian, Receiver,
in

any position of

and

Also, to act as Trus-

trust.

and as Registrar and Trans-

tee for Mortgages,
fer

Agent

Interest Allowed on Deposits.

& FORT DODGE

DIRECTORS

E. WHITEHEAD,
President and Treasurer.

& WESTERN

J.RAILWAY CUMPANY.-THKBE PER CENT
INTEREST for the six months endinff December
31, 1880. will

the Income Bonds of

be paid iipon

this

company on and

alter January 3, 18S1. at the office
of the Corbia Banking Company, 115 Broadway,
York. Bonds must be presented for Indorsement of same when paid.
G. E. TAINTOR, Treasurer.

New

OREGON RAIIAVAY & NAVIGATION

CO.MPANY, No. 20 Nassau Stuekt. New York,
December 15, 1880.— The COUPONS due January 1

bonds of the Orezon Hallway A Navlgation Company will be paid at maturity by
The Farmers' Loan A Trust Company,
No. 28 Exchange Place, New York City.
1881, of the

HORACE WHITE,

Treasurer.

COUPONS FROM FIRST MORTTHE
lOAiiB Bo.NUS of the HKORl,* DECATUR &

EVANSVILLE RAILWAY CO.MPANY, due Jan.

1,

1881. will be paid at the Metropolitan National
Bank. New York.
THREE PER CENT will also be paid on the Income Blinds dated Januiirv 1, IH80. and TWO PEh
CENT ou the Income Bonds of the EVANSVILLE
DIVISION, dated September 1, 18S0. numbered
from I to 750, inclusive, on presentation of the
bonds at eald bank.

C. R.

CUMMINGS.

President.

OFFICE OF THE HOmESTAKE
MINING COMPANY,
YOUK, December

No. 18

WALL

ST.,

NEW

13. 1880.

DIVIDEND

No. 27.
The Regular Monthly Dividend of Thirty Cents
per share has been declared for November, payable
at the office of the transfer agents. Wells, Fargo A
Co., 65 Broadway, on the 27th instant. Also an

EXTRA DIVIDEND (No. 28),
of same amount, has been declared, payable at the

GEORGE

D.

Whitelaw Reld,

Robert Garrett.

William R. Garrison,

Jose F. De Navarro.
Marcellua Hartley,
Charles R. Flint,
John J. McCook.
Elbert B. Monroe,
Jonas M. LIbbey,
B. F. Randolph.
L.

MONTGOMERY,

HENRY

Hatch
BANKERS,

C.

&

DEMING,

Foote,

PHILADELPHIA, December

and

BONDS

At Auction.
The Undersigned hold

Company's First Mortgage
Cjupon Bonds, maturing December 31,1880, that
will
be paid at the Office of the Comthe said bonds
pany on that date, after which time the interest on
same will cease.
The f;oupon on said bonds matarlni; January 1,
1S81. will be paid at the same time.
To avoid delay in making settlements, holders
are requested to present their bonds to the Treasurer of the Company a sufBcient time prior to
Railroad

maturity for examination.

ANI>

BONDS

OS

ADRIAN
Ko. 7

ANll SATURDAYS.

B. ]HIJL,L.ER

&

SON.

PINE STEEEl', fiEW YORK.

& Sons,
BANKERS,
SOUTH STREET,

Robert Garrett
No. 7

RALTinORE.
TRANSACT A GENERAL DOMESTIC AND FOBEIGN BANKING BUSINESS.
W.

8.

Whitelet

RROKERS.
STOCKS, NOTES

RALTinoRB, mo.

Correspondence invited and

&

Co.,

lJKOK£RS,

and VIRGINIA SECURITIES a

ipecl&ltv.

lished.

N. 1

.

solicited

and

lQforii.atlon

COBB»ftPOTTT>KNT9— McKlm Brnfh*»rB

A

far>

To.

Philadelphia Ilaniters.

SMITH & HANNAMAN,

6E0.

C.

TBOHAS.

Thomas

Indianapolis, Ind.

Joe. M.

&

Shoemaker.

Shoemaker,

BANKERS AND STOCK BROKERS,

Levy & Borg,

134 Sooth Third

STREET,

DE.4.LERS IN

Volumes

St.,

all

A. P. Turner & Co.,
BANKERS,
No. 207 Walnut Pbice,

WANTED.
AND

All the volumes of the COMMERCIAL
are wanted by the
Publishers from Volume 17 (July-Dec., 1873) to
Volume 27 (July-Dec, 1878) inclusive. A fair price
will be paid at the office.

PHIL.4DEL.PHIA,

Issues of United States Bonds.
Inveetment Securities a specialty. Correspondecce
Invtted and full information upoa flnancial subjects
furnished.

Dealers in

ALL CLASSES OF INVESTItlENT

FINANCIAL CHRONICLE

ANi.'

information oa

BALTIMORE.

ADDRESS

Chronicle

full

financial subjects furnished.

raVBSTMENT

Cent. Mortgages,

WALL

AND BONDS. AND DEALERS

FORKIGN EXCHANGE.
Corner Sontli and German Streets,
IN

Oorrespondeoce

No. 8

Seth H. Whiteley.

Ju.

W.S.Whiteley,Jr.&Co.

Treasurer.

7 Per

RALTinORE.

BANKERS

FOR CHOICE

LOWNDKS.

GERMAN STREET,

19

P. O. Bo.t 874.

Wilson, Colston

TAYLOR,

SECURITIES.

REOULAR AUCTION

of all cIsjiseB of

WEDNESDAYS

1880.

C. D.

Brown & Lowndes,
RANKERS AND RROKERS,

on the 20th Instant.

The Board of Directors have declared a quarterly
dividend of One and One-Half Per Cent upon
the capital stock of this company, from the net earn.
Inga of the three months ending Dec. 3l3t Inst.,
payable at the office of the Treasurer, on and after
the 15th day of January next, to shareholders of
record on the 20th day of December instant.
The transfer books will be closed at three o'clock
on the afternoon of the 20th day of December Inst.,
and opened on the morning of the 17th day of
January next.
R. H. ROCHESTER, Treasurer.

STOCKS

S,

hand

WILLCOX BKOWN.

Co.,

hereby given to the holders of the Penn-

D.

Desirable Texas Securities for Investment con

stantly on

No.

STREET,

TREASURER'S DEPARTMENT,

JOHN

COMPANY, New York, December 8, 1880.
DIVIDEND No. 54.

SALES

Secretary.

RR.

C. Chew,

J.
WALL STREET, KEW YORK.
TEXAS RAILW^AYS,
RONDS, LANDS, dee.
Daltiniorc Bankcr.<;.

Treasurer.

No. 12 TVALI.

Pennsylvania

is

Correspondence solicited.

No. 7

J.

BUT A.XD BXIJ,
GOVERNMENT BONDS, STOCKS AND MISCELLANEOUS SECURITIES.

Notice
sylvania

States.

WiUlam A. Wbeelock,
Russell Sage,
William G. Lambert,

HcDry B. Hyde,
Thomas T. Eckert,
Henry Day,

TirESTEKiV VNION TEI.EGRAPH

STOCKS

Special attention given to business

LONDON, CANADA.
EDWARD LE RUE Y, Managing Director.

President.
Vice-President.
Jay Gould,

Sidney Dillon,
William H. Smith,
James M. Hatstead,
Fred. L. Ames.
Richard Irvin, Jr.,

EDWARD

carefully selected, yielding

SEVEN AND A-HALF PER CENT

Tbe Financial Association of OntarlO|

H. B. PARSONS. Assistant Secretary.
'"^

securities,

from SIX to
per annam.

MORGAN,

Htnry A. Hurlbut,
Solon Humphreys.
Henry G. Marqnand,
John T. Terry,
Henry M. Alexander,

same time and

place.
Transfer books close

a position to fnmlah investors with choice In-

LOUIS FITZGERALD,

•

INDIANA BLOOMINGTON

THE FINANCIAL ASSOCIATION OF ONTARIO
is In

from the United

* RAILROAD COMPANY. -The Coupons on the
Mortgage Bonds of this company falling due Janu
ary 1, 1881, ;wi!l be paid on presentation, on or
after that date, at the banking house of Morton,
Bliss A Co., No. 25 Nassau Street.
Also, at the same time and place. Interest will be
paid from the net earnings of the company upon
its Income Bonds, at the rate of two and a-half per
cent, upon presentation of the bonds for the purpose, of baying the payment endorsed thereon.
CHAS.

Dominion of Canada.
vestment

of Stoclis.

Treasurer.

fPHE DE8 MOINES

Interest,

KENNEDY & CO.,
No. 68 W ILLIAM STREET.

S.

a legal depository for moneys

paid into Court, and

on application.

104 Per Cent and

Is8tte Price,

FOR SALE BY

Coii»-

pany has been declared, payable Janaary 20tb prox.
to Btocktaoiders of record on the SOtb Inst.
Transfer books will close Dec. 30th Inst., and reB. P. FLOWER,
open Jan, 24th, 1681.

First Mortgage 6 Per Cent Gold Bonds.
Dae Nov. 1, 1910. Interest payable Ist May and
Ist NoTember, Secured at the rate ot 12,000 per
f
mile on completed and equipped road.

CAPITAL AND SURPLUS,

W. SANDF.ltSON.

December

Cal.,

&

Paul Minneapolis

St.

PHirADELPHIA.

Government, State, Municipal and Railway Bonds
and Stocks bought and sold at all the Excnangea.
Investments prudently made in sound railway seColiecllons promptly attended to.
Correspondents carefullv represented at Auctions.
Bonds of Kood but not wellSales.
always wanted for investments at
railroads
known
the best rates. Orders ou mureins uot entertaiued.
curities.

and Private

—

xmtk
HUNT^S MERCHANTS' MAOAZINB,
REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OP THE UNITED STATES.
[Entered, according to act of Congress, In the year 1880,

YQL.

by Wu.

B.

Daha & Co.,

CONTENTS.
OouM

637

I

Monetary

and

|

Kngllsh

News

.

. .

Tariff Revision
Anaixhy In Ireland

Commercial
611

639 Commoroiol and Miscellaneous
644
640
News
|

641

(

THE BANKERS' GAZETTE.
Money Market, U.

8.

Seonri-

I

Railway Stocks, Foreign
New York City
Bauks.eto
645
ties.

Excliange,

I

|

|

Quotations of Slocks and Bonds 648
New York I^cal Securities.. 649
Investments, and State, City
and Corporation Finances. .. 650
.

THE COMMERCIAL
Commercial Epitome
Cotton

651
6J4

TIMES.

I

Brcadstufts

I

Dry Goods

660
660

The CoMMBBCiiL and FufAifcUL Chrowiclb
day morning, with
[Entered at the Post

the latest

news up

to

CongrMs, Washlngtoo. U.

NO.

1880.

C.|

S()a

wu debtor over four

and a quarter yeaterday.
Evidence of the change which was taking plao« in tbe
money currents we gave a wtek ago. The ttank retnma
of last Saturday to a degree reflected this improTement
they showed among other things that the demand for
the interior had become less active
and there are good
reasons for expecting a more favorable showing in today's statement. It is not unlikely that loans will be
millions

as a Railroad King. 638
Its Site

18,

of

been abandoned, aa the same bank

THE CHRONICLE.
Tbe Financial Situation
Mr.

oOoe of the UbrarUa

SATURDAY, DECEMBER

31.

Tbc Exhibition and

In the

is

issued every Satur-

midnight of Priday.

New York, N. Y., aa second-class
mail matter.]

Office at

;

further contracted, but the reserves

(unless

there

is

some unnatural disturbance) will also be positively augmented. Payment was made on Wednesday by tbe
Assay Office for about $2,000,000 foreign bullion deposited Saturday, and tbe ascertained value of the deposit
of about j>2,000,000 made on Monday was disbursed on
On Tuesday the reported deposit waa
Thursday.
but tbeM
$1,700,000, and on Wednesday $150,000
;

TERMS OF SUBSCRIPTi0^4-PAYABLE

IN

ADVANCE:

For One Year (including postage)
$10 20.
uo
For Si-t Months
6 10.
Annual subscription In London (including postage)
£2 78.
Sixmos.
do
do
do
1 8a.
Subscriptions will be continued until ordered stopped by a written
order, or at the publication office. Tiie Publishers cannot be responsible
for Remittances unless made by Drafts or Post-OUlee Money Orders.
Advertise inenta.
Transient advertisements are published at 25 cents per line for each
insertion, but when deflulte orders are given for five, or more, insertions,
a liberal discount is made. Special Notices In Bonking and Financial
column 60 cents per line, each insertion.
Ijondoii and I,lTcrpooI Offices.
The offlce of the Chkonicle in London is at No. 74 Old Broad Street
Liverpool, at No. 5 Brown's Buildings, whore subscriptions and
and
advertisements will bo taken at the regular rates, and single copies of
the paper supplied at Is. each.
WILLIAM B. DANA & 00., PabHsh«r«,
wrLLIAM B. DANA, \
79 & 81 William Street,
YORK.
JOUK e. FLOYD, JK. >
Post Office Bo-x 4592.

m

NEW

^p° A neat file cover is furnished at 50 cents postage on the same is
18 cents. Volumes bound for subscribers at $1 20. A complete set of
the Commercial and Financial Chronicle— July, 1865, to date— or
HCNT'8 Merchants' Magazine, 1839 to 1871, can be obtained at the
;

office.

may

not be settled for in time to count in this week's

bank averages.

The

facilities

at

the Assay Oflice for

the necessary examination of foreign bullion are eninadeqaate, and the deposits of sueh large
amounts of gold as those which were sent in on Saturday and Monday, test these facilities to the utmost.
Notwithstanding urgent requests by bankers, the Treasury Department is not inclined to permit the Assistant
Treasurer to make advances upon gold deposits, which
was once the custom. As we understand it, it is believed by the Department that the law does not permit

tirely

the practice.

Consequently, consignees of gold bullion

must await the completion of the process of examination by the assayers before their consignment can be
made available by the banks.
Since Friday the purchases of 6 per cent bonds by
the Assistant Treasurer have amounted to $919,000, and
since tbe 1st iflst. the purchases have been $2,867,000.
Early in the week it was reported that currency was

THE FINANCIAL SITUATION.

being returned from Chicago, the rate of New York
by any exchange at that point having been advanced to par on
Rumors of a Monday, and one of the Chicago papers having said that
special influence during the past week.
new manipulation of money have been rife and they remittances would be made. But none of any amount
seem to be traceable to the fact, for the moment some- can be expected until the rate rises to a point which will
what significant, that one of the associated banks bad justify the movement. It is well understoed, however,
been a creditor to a considerable amount for a number that Chicago has drawn very little from this city during
of succeeding days at the Clearing House, netting a credit the week. Shipments have been made of small amounis
for the five days ending the 16ih instant of about six mil- to St. Louis, and of larger sums to Senthem points.
It was, however, a little remarkable and There were no withdrawals of gold from the repository
lion dollars,

Wall

Street markets have been undisturbed

hardly credible that after the recent failure to thus break of the associated banks during the week; on the conthe market, a new effort in making money stringent trary, the sum of $900,000 was deposited yesterday by
should be attempted now when the conditions are all one of the larger banks. The movements at the Subturning against the success of such a scheme. And if Treasury since Friday have resulted in a
anythiDg of the kind was contemplated it has certainly also a gain to the banks, of $830,967.

loss,

which

iff

H

THE CHKONICLE.

638
The

from Europe since Saturday have

arrivals of gold

been tOjSSO.QVO.

week

—

..

This shows that our estimate of

last

was an understatement.

At

of $7,000,000

afloat

present, including a withdrawal from the Back of England of £131,000 on the 14tb, £152,000 on the 15th and

£67,000 on the

there

17tli,

still

in transit.

arrive within a

few days.

$5,000,000

is

estimated to be

The increase on last year's large figures seems still to be
oyer 18 per cent, as shown below. It is these continued
favorable returns that account for the strong tone manifested by the market, and explain the tendency of prices
to

move

over

steadily upward.
GK08S EARNINGS FIRST

The first instalment-should
The advance iu the Bank of

rate of discount, noticed last week, appears to

England

\Voh. XXXJU

18S0.

in the proportion of reserve to liabilities, thi.s, for the

present at least, preventing a further advance in the rate

Houston

which on Wednesday appeared probable,
for money in the open market in London was firm

International & Gt. Northern.
Lake Erie & Western
Louisville & Nashville
Memphis* Charleston
Missouri Kan.ias & Texas

at the

B mk

rate.

40,746
33,7S4
43,723
21,957
82,479
71,043
8,780
21,231
34,742
215.199
105,214
57,291
93,518
52.948
23,37H
218.600
41,427

The market
more strength

though showing
at the close, is still weak.
Some transactions have been privately made at very low ratei*, and
bankers have been indisposed to purchase even for the
for foreign exchange,

purpose of speculation in bills. The supply has been
The comparatively unsettled condition of

Do

do

(branches).

Lonis Iron Mt. & Southern.
Louis & San Fransisco
Paul & Sioux City
Paul Minn. & Manitoba
Scioto Valley
Wabash St. Louis & Paciflo

26.776
10,667
101,082
3,341
1.167
3,991
10,785

42,5.->6

71,6«4
32,098

41,915
2,406

4383

5-24

27.943
190.381

C,799
21.818
10,05H

95.1.56

56,740
95.316
55.191
14,9iO
151,200
31,002
90.771

50,O15
59,600
7,536
23.318
16,580
167,.500

St.
St.
St.
St.

$

1,850
.807

1

47.966

8 1,937

Nc-w York it, New Enaland
Northern Pacific (East'u Div.)..
Peoria Decatur & Evausvllle..
St.Louis Alton «feT.H.(niain line)

$

40.621
111.658
13,H70
23,067
246,918
3i,388

318,01)0
3S.7-29

& Texas Cntral

I>icrease. Decrease.

$

42,171
146,46.-.

Grand Trunk

of Canada*
Great Western of Canadat

1879.

$

Cedar Rapids & Northern
Cbicago «!b Alton
Chicago & Grand Trunlc*
Chicago & Eastern Illinois
Clfcago Milwaukee & St. Paul..
Chicago St.Paul Minu.& Omaha
Cin. Ind. Bt. Louis & Chic...
Burl.

have checked the efflux of bullion to some extent, as
the reported withdrawal for shipment amounted to only
£19^,000, of which £131,000 came out on Tuesday. Cincinnati
& Sprinnflold
Since then the cable has reported small amounts Clev. Col. Cin. & Indiana poiis..
gone into the Bank on balance. The weekly return Des Moines & Fort Dodge
shows a net loss of £76,000 bullion, with a gain of 3-16 Flint & Pere Marquette

of discount,

WEKK OF DECEMBEH.

54,157
31,180
64,401
5,306
239,469

3,202

2,213
8,399
67,4' "0

6,825

5,831

48,1.?9

1,8.56

24.073
3.242
23,251
13,714
181,337
53,035
20il49
53,912

35,527
4,294
61
2,866
13,837
1,122
11,031
10,102

813

ri.Ufl

227,335

12.081

2,551,690 2,160,717

413,700
390.073

abundant.

Total

London market and the uncertainty regarding the
immediate future of money at that centre, has aided in
weakening exchange here. The demand at present is
the

chiefly for

remittances against 53 and

68,

which are

Net increase ',1800 percent)..
*

Week ended
AfR.

Dec.

4.

Week ended Deo.

t

22,727

3

GOULD AS A RAILROAD KINO.

To Mr. Gould's other

must now be added
Southern
and the Interrailroad securities continues, however, large, and all the
national & Great Northern, both purchased this week.
stocks classed as the Vanderbilt specialties appear to
In the Iron Mountain, Mr. Gould is credited with havinor
find ready sale abroad.
Central and Union Pacific, the
bought less than a majority interest, but his interest is
San Francisco stocks, Atlantic & Great Western, Illinois
sufficiently large, no doubt, to enable him to control the
Central, New Jersey Central bonds, Missouri Kansas &
management of the property. In the International &
Texas, New York Ontario & Western, Erie and Reading
Great Northern he has purcliased half the stock, and of
go out by every steamer. The relative prices in London
course has absolute control
and New York of a few of the leading securities are
Together these two lines will give him about 1,215
shown by the following table.
steadily being

imported.

The outward movement

of

acquisitions

the St. Louis Iron Mountain

additional miles of road.
Dec. IS.

Dec. 14.

Dec.

Dec. 15.

Ifl.

Dec. 17.

Lond'n N.T. London N.r. Lond'n X.T. Lrmd'n iV.r. Lond'n

iv.r.

we made up

rent year

under

his control,

&

In the early part of the cur-

a statement

pricM.' prices. prices.* prices. prices.* prices. prices.* prices. prices.* priies.

V.SAs.c. 112-90
U.8.S9,C. 100B7
48-87
Erie
2d con. 93-32
111.

Cent. 120-08

N.Y. C.
Reading
E.vcb'ge,
cables.

144-84
25-4-Jt

113H

112-78

113)^

101

100-97

lOlX

47
98

48-88

WA

08 08

97K

12H
144«
BOJi

112 18
100-97
40-27
98-08
120-08

nan

112- 9fl

113^4

112-185

11351

100-73
4;-23

101

100-84

lOl-^

acquired, and

ilH
»8«

International,

46M

4-82

call at

47-48

97^

98-79

121-46

121Js

12307

122

144-11

14t«

145-23

lUH

BI«

2817*

51>,

28 02*

4-82

Expressed in tlieir New Yorit equivalent.
i Read! ngonb asis of tSO, pii r value
*

Money on

47>^

97-96

98

121-22 120}^t
121>i
144-84 1445^ 144-3S 144«
25-5« S0«
2S42t 51

4-S2

then the total has been swollen by

101>»

4-88
!

4-82W

Ei counon.

tB

d.

the Stock Exchange loaned as high

railroad, or

all

the roads

new mileage

Since
built or

include the Iron Mountain and
find

ihat above 10,000 miles of
of the entire mileage of

under his influence. The Atchison
Topeka & Santa Fe is the only formidable competitor
to the Gould system west of the Mississippi and M'ssouri
the country,

are

Rivers.

Mr. Gould's object
routes

abundant, and on Thursday the highest rate was 6 per
cent.
After brokers' balances were made up the rate

competition,

1^

now we
we shall

if

more than one-ninth

of one per cent commission and interest early in the
week, but since Tuesday the supply has been more
as

showing

either directly or indirectly.

is

business

in

obtaining possession of these

to secure himself against competition

of

the Southwest and

probably,

Mexico

—

for the

prospective

than such as already
existed, which could not have been very severe.
The
fell to 3.
Stocks have responded to the relief in the Iron Mountain affords a line from St. Louis to Texarmoney market, especially the better properties, the kana, and this line is extended to San Antonio by the
demand being good for all investment securitie.?; the Texas & Pacific and the International & Great Northaction of the House of Representatives on the Funding ern.
The latter may not yet have reached San Antonio,
bill on Tuesday, served to stimulate the movement;
the but it can not be far away, as according to latest
rather

success of the subscriptions to the

Panama Canal gave accounts the road was in operation to New Braunfels.
an impetus to Pacific Mail; the purchase by Mr. Gould A branch to be constructed from Mineola to Greenville
of a control in the St. Louis Iron Mountain & Southern will also bring the Missouri
Kansas & Texas in conroad started that stock upward ; and reports of increased nection with the International,
so that Mr. Gould will
earnings stimulated buying generally
the fall in have a Texas outlet for both his Southwestern lines.
;
Western Union appeared only to momentarily retard the From San Antonio the Kansas & Texas and the Interadvance in other directions.
are able to give to- national will jointly build a line to the Rio Grande

We

day a

table ofj earnings for the

first

week of December. Lareio

is

the point most frequently mentioned

—thera

DscBifBKK

THE

18, 1880.]

()HR0NI(;LK.

839

Mexican roads projected by GenIt has been reported of l»t« that Mr. Ooal4 bad s disPalmer, who has concessions for a line from agreement with his colleagues io the Union Pacific,
Laredo to the City of Mexico, and from the City of and was selling out his stock.
He may b« selliog
Mexico to Manzanilla, on the Pacific coast.
Union Paclfi.-; we have no means of knowing how

to connect with the
eral

The Mexican trade is the gre;;t prize which is now that it; it is certainly quite generally believed that berng
being contended for, and well it may be. Tlio future of short of Western Union he has taken some of Mr. VanMexico under a eompreheniiive system of railroads can derbili's stock in ihit company, and in turn supplied'
scarcely be over-tstimaled.
That country presents
grand opportunities tor iraprovemeiit and progress, and
railroadn are the one thing needful to give a stimulus to
its development.
It is hardly too much to m: that in
this respect results

may

be expected sca'cely

less

mar-

Mr. Vandeibill with Union

Pacific.
But even though
he be disposing of come, there Is no evidence thai beintends disposing of all, or of enough to a low the management to fall into other hands.
have a dim recollection of a similar rumor not so very long ago.
It waa

We

vellous than those that followed the opening up of Konu of

early in 1ST9.
Everybody said Gould had gone out of
our Western States and Tirritorits in recent years. the road. Had he n.>i disposed of IIO,UOO,000 of UnionThe United States is the natural outlet for Mexican Pacific stock ? But ja»t then he was concocting a little
commerce. Here Mexico will find a ready market for scheme l> lei hitnsilf in again. He bought up Kansa*

the varied products of her

d here

reiun

mere bn^ntelle, »ent the slock up from 7 and
and SO, and then well, merged it in Union
needs, now in great part supplied by other countries. Piicific.
hat 8 lie of Union Pacific was, indeed, a
An interchange of commodities could thurf be i-ffected "Napoleonic move and a master stroke," as it waa
which would be mutually advantageous and profitable to described at the tune by a frieml of Mr. Gould. It may
both republics. And in this way, too, she might be able be that he has changed his tactics now, but we may be
to share in the prosperity and activity which this sure of one thing, .iid that i*, if he is selling at all, be is
country is now experiencing. Furthermore, such an doing it with the piirj osc of enlarging his operations in
incentive would be given to industrial and commercial other directions
his latest purchases would indicate one
enteiprises, and so completely would the peop'e become of the directions in which the money was going.
As
occupied with business pursuits, that disorder and regards th,e alleged disagreement with his associates, it
revolution would no longer find countenance, and our is only neces-ary to refer to the election of directors of
Southern neighbor mighi bvconie as safe and peacable the Mercantile Trust (Company, which occurred this
as our neighbor on the norih, which would in itself be a week.
Ot the newly-chosen board the Gould men
guaranty of a better future.
appear in full force. Slost assuredly, this does not look
Another object which the promoters of Mexican rail- as if there had been a faling out, and we are free to say
ways have in view is the Australian trade. Some of the that to us the signs of discord, from all prerent appearGould people assert tliat with the Palm r road com- ances, seem exceedingly shadowy.
all

she will be able to get

all

soil,

at

in

those mannfautures which she

Pacific for a

—

8 to 70

'I

—

plet(d to the Pacitic the trade could be secured for that

Great Northern, and the other
Gould ufs north. This claim, however, is ridiculed by
those ii.terested in the Aichison Topeka <fc Sinta Fe
system, who say that the trade would come to their

THE EXHIBITION AND IIS

line, the International <t

SITE.

A

few d.jys ago, by invitation of the commissioners
who have in charge the preliminary details of the International Iixhib!iion of 1863, a number of gentlemen
lines; first, because Guaymas, the Pacific terminus of the counec'.ed with railioad and steamboat transportation
Sonora, is one of the finest seaports on the coast, secondly lines visited the It. wood site, with the particular
iis
facilities for
access.
The
of judgir g
because it is only there that antlirac'.ie coal eoald be hsd, intent
admirable
and
amp]e>
considered
was
front
and thirdly because the distance over that route would water
From Guaymas the Sunora and the opinion ws-s expressed that the great majority
be very much shorter.
would carry the traffo to El P.iso and from thence it of visitors would go by water the site, also, was proconid be taken by either the Texas & Pacific (Gould nounced satisfactory.
This being so, ii ia to le hoped that no farther
road) or by the Atchison Topeka & Santa Fe. In addi1

;

tion to the Sonoia,

it

may

not be amis^ to say again,

in

atttmpts will be made to reverse the decision

in

favor of

view of the great interest just now taken in Mexican Inwood by those whose choice it was not. The first
exhibition is, to settle upon the
projects, although we have several times before noted step toward having the
the money. Before the comto
get
next
is
the fact, the Atchison party have concessions for a line site ; the
act of incorporation, can do
to
the
according
missioners,
from El Paso to the City of Mexico, with branches to
corporate acts, at leatt
preliminary
mere
the
except
any
Tampico on the Gulf and San Bias on the Ocean, and
at least ten per cent
and
subscribed,
be
must
million
a
also for a line from some point on the main line to
been, perhaps, some
baa
in.
There
paid
be
must
of
that
Morelia.
of proceeding
slowness
the
with
felt
dissatisfaction
resolves
supremacy
once
more
struggle
for
So '.he
for complaint
room
no
contest between the Atchison people and the hitherto, but there should now be
itself into a

Boston party Gould has no at any lack of energy. It is therefore imporUnt that
once as final. The
mean antagonist, as we have had occasion to re- the selection of site be accepted at
by the press as s
little
ridiculed
a
been
has
mark more than once before. They are enterprising, exhibition
too much dispowas
there
perhaps
and
one,
wandering
alert, energetic, aggressive, and are backed by abundant
but the
Park
Central
having
upon
insist
to
sition
It may very likely be that compromise will
capital.
further halting
and
any
unexceptionable,
is
site
*'
Inwood
Mr.
honors" divided.
finally be resorted to, and the
would only make the whole thing seem
Gould's action in the case of the committee on Mexican and vacillation

Gould people.

And

in the

;

which Gen. Grant is ohairman, certainly ridiculous.
Concerning the desirability of holding the exhibition
leads one to suppose that he at least is not unwilling to
can be no difference of opinion now, howlave recourse to this mode of procedure. But this is at all, there
to thus
tmimportant
it may have seemed to some
mere conjecture. Time will throw further light on the ever
considersentimental
The
1883
anniversary.
honor the
matter.
railroads, ot

—
THE OHRONICLR

B40
ttion need not be expected to
tude go to the exhibition as

them, but to those

who must

the multi-

thankfully recognize

how

different

provided for

conditions in England

when

a great surplus of labor,

weigh much

show

a

to

;

provide the cost the deter-

mining considerations must be those of business. Did
the Centennial pay ? No, and yes. Its direct results as
a financial investment were not such as to greatly encourage similar enterprises its indirect results were unquestionably profitable, although they cannot be exactly
;

The Centennial was

demonstrated.
through, and to

classes

all

it

;

a revelation,

undoubtedly

many

foundations for a growing trade in
maikets, and did

its

all

the

laid

—

of

it

A

good revision of our customs

hindered, and correction of

the general condition of distress
associates

them

of

are) is delayed,

by

tariff

is

continually

useless

and impractical

is

producing

and by every attempt to make the
between the great political parties.
is a subject for the economist and statesman

"protection,"
issue
It

practically,

discus-

tariff

men who

The only absolute

free trade

known

his

the

laboring people, quadrupled the gains of the rich.

is

that the cost of the goods he

materially increased by the duty on foreign

machinery, on his foreign materials and on the foreign
productions consumed
increased even

by

his laborers;

home

they are of

if

that

if

he could buy

by

all

so

;

and he knows

England he could compete
manu-

prices of his productions with the

facturers of other countries in the

He

to both.

less

these at prices no higher than

his competitor in

much lower

and not

production, because

the duties enhance their cost or price also

knows,

too, that

materials were cheapened

by the

markets of the world
if his machinery and

2.5

to

40 per cent paid

in

—

indeed that his success
to treat

are skilled in

business touched by the operations of the

moved Cobden and
and gave them

duty he could cheapen his own productions enough for
an their export without reducing wages with probability

guided by the intelligence of manufacturers,

merchants and other business

reform,

Our manufacturer knows

some open

"free trade" and

sions of abstract theories of so-called

at

humanity" which, while bringing a better sort

for

life to

great

their

to

of

at

faults (intolerable as

its

much

other great leaders of business suffered (differently in kind,
but equally in degree) with their work paople; and when

are paid

TARIFF REVISION.

from the

wages inadequate to supply laborers with a decent living,
under the high prices of food forced by protection of the
landed interests; when manufacturers, ship owners and

feeling

—

they are

was seeking unattainable employment

well skilled,

and "victory

lines

share toward bringing in the present

and activity. Business interests
safely
can
regard
such affairs as advertiseand
must
ments ia the best and most instructive, not the offenand 1883 will probably find this country in
sive, sense
even a better position than now to compete in the
world's markets. The exhibition is now start ed under
way, and it must not be permitted to falter.

good

era of

XXXL

PVOL.

all

so

many

to civilized people

so favored

would build up

demand for
work people even

similar factories that the increased

labor would raise the wages of good

while the goods produced by their labor were cheapening.

The home producer

tariff.

when

of the factory

turn that he could produce

it

machinery says in

cheap enough but for the

of the same high price of iron, steel and other supplies for his machine
and the only true shop, and for the higher prices which the tariff puts on
protection is that adjustment of import duties which oper- the subsistence of his workmen and their families.
And
ates as nearly as possible with due regard to the general so on in succession, each of these great producers finds that
welfare of all the people, equally and justly, so as to take the tariff enhances his cost, sometimes to the great diminucare of every home interest, and is protective only as tion of his profit, because by that high cost he is excluded
against the industrial and commercial competition of from the foreign market. Yet each of them adheres to the
theory and practice of '-protective tariff," because they all
foreign countries.
As between nations, there is no absolute free trade. believe the system is yet necessary to manufacturing prosThe principle by which external duties, or duties on perity in our country.
foreign imports, are levied, is the same in all.
PrimarAt the same time the more enlightened manufacturers
ily,
the object is revenue, and each, nation adjusts the are now demanding, as they are right in demanding, a
details of assessment and collection in the way supposed to re-adjustment of the tariff in such wise that the lowest

the

is

between the different

trade

parts

country, as between our several States,

best promote

its

own

duties shall be levied on articles of highest utility in the

interests.

cannot be denied that England,

It

leading commercial and

for

manufacturing

centuries the

nation of

the

world, levied discriminating and excessive, often prohibitory,

duties on the productions

of

other

nations,

enforced harshly prescriptive navigation laws,

all

and

for the

purpose of protecting the industries and profits of her own
people, until she had gained a position where that system

had become a decided hindrance

to her prosperity.

promotion of our industries, and that the free

list

shall

be enlarged as to raw materials not produced here and
articles on which the duties are hardly worth the cost of

Judging from

their collection.

their standpoint they are

any piece-meal work in
though offered in a specialty favor-

also right in refusing assent to

reform of the
able to their

tariff,

own

direct interests; for they see that each

hap-hazard without regard to any genand equal arrangement, and each that is conceded
severity; her corn laws, maintained for the benefit of her weakens the strength to resist further aggression,, until the
landholders, and her navigation laws.
During their rule whole fabric of the protective system would be destroyed.
whether fostered by them or in spite of tkem, we shall
They want a plan of complete and thorough revision,
not stop to discuss England grew to be the foremost made by a competent commission of practical men

men icmember

—

Living step so taken

the operation of England's tariff in

its

eral

—

among

the nations in the manufacturing arts and trade

and wealth. Yet in the two score years since her great
change of policy to freer trade and a strictly revenue
tariff, free corn and free ships, her growth in all those
respects has been so much greater and more rapid as to
be marvellous.
It

is at

does not follow that our country can

ijnitate

England

in that radical change.

able a simple revenue tariff

may

be,

now successfully
However desir-

it is

quite generally

believed to be unsuited to our present conditions.

Let us

manufacturers and merchants, but including farmers
and scientists every one of whom has a breadth of
knowledge that will enable him to see quickly the effects,
near and remote, to follow upon a change proposed in
A plan of
respect of each article of the customs list.
revision reported by such a commission would be good in
chiefly

—

the main, as

little

defective as similar

human work

opinions of

ever

is.

our_ best-

These suggestions reflect the
informed manufacturers. Would it not, therefore, be
well for Congress to respond to them by hastening the

.

December

18,

THE

1880.]

passage of the Eaton resolution or

we

believe, the action of the

House

bill

C.'HRONICLE.

which now awaits,

?

ANARCHY IN IRELAND.
The

There seems to be a growing disposiUntil within
tion to set the government at defiance.
possible
that
violent as
appeared
days
it
the last few
were the speeches of the orators of the Land League, and
outrageous as was the conduct of some of the Irish
peasantry, the much-dreaded collision between the government and the people would be avoided. It was known
that the government was preparing a new and liberal
measure of land reform, that they had deemed it
unnecessary to convene Parliament until the beginning
of the new year, and that after some discussion it had
been agreed not to suspend the habeas corpus privilege

was believed that Mr. Parnell and his
by the patient and conciliatory conduct of the government, wonid act with increased caution and exert themselves to the utmost to discourage
Such
all acts of violence and to maintain the peace.
was the view which we took of the situation, and such
was the hope which we ventured to express, some two
weeks ago.
Mr. Parnell, we are sorry to say, has not come up o
our expectation in this matter. It was never our opinion
that he would be satisfied with any measure of Land
Reform which the government might be able to
Still we were willing to believe that Mr. Parnell
pass.
was leader enough and master enough of himself to
conceal his ulterior purposes until he had obtained, at
Mr. Parnell, however,
least, as. much as was promised.
has proved himself a bad political leader as well as an
unscrupulous and irreconcilable malcontent. His recent
speech at the Waterford banquet revealed his real
In that speech he declared that Ireland
purpose.
was not to be governed by a power and a people
Ireland.

mmor

speaks truth, the Cabinet itaelf ii do looger
a unit on tLis Irish qaestioD.
Mr. Glmditooe, indeed,
can hardly complain, if the more coniervative of bia •-

Bociatea in the ministry

condition of affairs in Ireland does not improve as

time advances.

in

641

It

friends, influenced

should hare become impalieot

and peace at any price.
more, both he and bis aasooiates have the very beat
of reasons for being disgusted with Ireland. It was to
of

his policy of

inactivity

Nay

Ireland and to the redress of so-called Irish wrongs that
Mr. Gladstone directed the energies of bia long-continued and powerful government which came to an end
some seven years ago. It was his overzeal^m the caaae
of Ireland which broke his power and hastened his fall.
His present tenure of office has, so far, been wbollf
monopolized by Ireland
and through Ireland be baa
already sustained one damaging defeat. In Ireland'*
and behold his reward
cause he still works
Mr. Parnell calls it a "pitiful government;" and of the chief of
that government he can use no more respectful language
than this: " Even Gladstone! I don't believe Gladstone
can settle the Irish question without breaking np his
Cabinet. He could not even pass his miserable little
Compensation bill last session." It would be strange
indeed if, in such circumstances, there should be peace
and contentment in the Gladstone Cabinet and we can
Mr. Gladstone'd most
well imagine that some of
;

!

;

—

;

faithful followers

are asking themselves the question

worth while attempting to conciliate a
people who openly declare that they will not be conciliated, except upon terms which are impossible.
Although many think Mr. Gladstone is to blame for
his policy of inactivity, he probably judges the situation
more wisely than those who are impatient for action and
Mr. Fawcett, the Postmasterfor coercive measures.
General, in his address to bis constituents at Hackney,
whether

iC

is

on Wednesday

last,

probably expressed the purpose of

the majority of the Cabinet, when Le said that the
government " would not be terrorized into making

" unwise concessions nor provoked into a departure
not resident in the country. He talked of breaking " from the strict path of justice." There is but little
"the yoke of English misgovernment," and chasing likelihood now that Parliament will be convened before
" from the country that usurpation which has long had the 0th of January. Then must come the tug-of-war;
He spoke of that " pitiful and then will be settled the question whether or no the
its heel upon our neck."
government" which, in twelve months, had been present government still commands the confidence of
Parliament and of the country. In any case, stirring
times are at hand ; and if Mr. Parnell is to be congrateven to " eat their speeches." He had no hope from ulated on nothing else, he is certainly to be congratuthe new measure which the government was about to lated on having made plain the issue.

obliged " to reverse every principle, every law, every
tradition on which they had built their position," and

He supported the last government measure,
not because he approved of it, but because he knew it
would be rejected, and because he wished the Lords to
do " his dirty work." He declares it to be the purpose

introduce.

of himself and his associates to
is,

to

make

Ireland free

separate her from England and

independent nation.
as he calls

it,

He

is

to

that

;

make her an

within the limits of the constitution

;

but

is

—

the Repeal of the Union.

not to be wondered at if, in these circumstances,
difliculty has
it should be generally felt that the Irish
entered upon a new and more serious phase. In the
It

LaU*l

On-

Rate.

Time.

is

Atngterdam

3mo8. 12-4

Amsterdam
Antwerp

Short.

Hamburg

...

Frankfort...
Berlin

Concnhagcn.

public feeling
is

is

greatly blamed

and all over England,
deeply stirred; and the government
in Scotland,

for

Kale.

Dec.

12-10

Dec.
Deo.

Siiort.

aa-irr

its

policy

of

inaction

If

20-36

2036
£0 36

a 18-45

Smog. 25-.17»«»25-55

U-97>«»1200

Vienna
Madrid

Short.

25-26 >•

117-30

Dec."

J wo*.

Deo.

3 moa.

26-03

Dec.

sii'ort.

4'78«il

Dec

Snxw.
4 mo*.

47>«347
4736a47ifl
26-45 926-50

Cadiz

Genoa

52\»52>a

Lisbon
New York...
Alexandria.

Bombay

«12-4>9
912-2?i
a 25-55
a 20-60
« 20-60
« 20-60

24>e»24>4
«25-37>« Dee.
25-2.'5

St.PetcnTbg.
Paris
Paris

12-2

35-50
20-57
20-57
20-57
18-40

....

Smog.

Calcutta ....
Hong Kong..
Bliaugbal

Is.
Is.

7\d.
7\d.

Dec.
Deo.
Dec.
Dec.

se%iL
ls.7>aiL
1*.

VL

3*.8%d.
9«.l>«d.

From our own eorregpondent.
LoHDON. Saturday. December 4, 1880.
one of soue litUe eicit«ment in the
been
has
The past week
on Lonthe relapse in the New York exchange
I

I

North of Ireland,

Time.
Short.

Dale.

willing for the present to act,

prepared to go outside of the constitution if necessary; and Irishmen are atked whether it is not their
" highest duty to give their lives for their country." It
Mr.
is no longer possible, as we have stated, to mistake
to
he
wants
reform;
He wants land
rarnell's purpose.
proprietary.
peasant
a
wants
dispossess the landlords; he
But he wants more he wants Home Rule ; he wants

he

RATES OF EXCHANGE AT LONDON AND ON LONDON
AT LATEST DATES.
BXCHANOE AT LOXDOX—Dte. 4. EXCHA\aB O.V XO.VPO.Y.

money market,

—

—

.

1

THE CHRONICLE.

642

'

fVoL. XXXI.

don hsviag led not only to a rather considerable export movo••Por.u.staudar.l, nearest.
••..;
ment in gold, but also to a belief that the Bank of France Bar
R^^fl^^-""".
allver.coiitam'g 5 gi-«.gold.. .i>er oz. stand.,
nearest.

d.

d.

5 1 •'8

52 '4

.

t^nKe 8Uve4*
Mexican dollars

a
«

would adopt the measure of increasing their rates of discount.
Her mz 56
Der'nz'"iii.t
""
"• ""p^^'^- *""« 9 ....
It was also expected that if the Bank of France raised its rate ouiau doiVa™.::::;-.:::-.-.:::::::
•a
Quioksilvor. ,86 IJs. 6d.
biscouut, 3 por'oout.'
of discount, a similar course would be pursued here; but
India Council bills were sold on Wednesday
although the Bank of England has lost during the week
at Is. 7 13-16d.
embraced in the last return about £1,000,000 in £rold, the direc- the rupee.
The following are the current rates of discount at the
•tors have not considered it necessary or expedient to advance
printheir terms for discount accommodation. It is very evident, cipal foreign centres
Ban/:
Open
Sank
Open
therefore, that in influential quarters there in still a belief in a
rale.
i

:

market.

continuance of low rates for money; but these are times of
fapid movements, and should speculation continue as active a.s
it has been of late, a speedy alteration may be the result.
It

Pr.

Paris
Ajusterdani
Brussels
Gen<»a
Berlin
Frankfort

4

—

before money can be expected to be raised permanently
It is evident that, in order to conduct our trade, only
a comparatively small portion of our capital is required, and
consequently there is a large amou nt available for investment
in other directions. All sound securities have risen in value to
a high point, and speculators and the public are now becoming
of

it

in value.

sufficiently bold to operate or invest in securities of a secondrate or even indifferent character. Mexican, Honduras, Costa
Rica, Paraguay, and Turkish bonds have been rising in price,

and it is stated that some of the new companies recently introduced have met with fair success. Probably, however, we have
only just entered upon a period of speculative activity, and probably in the coming year there will be a great revival, calculated,
possibly, to end in ultimate trouble. So far, the speculation
which has been in progress has not had mnch perceptible
influence over the money market; it has led to some movements
in bullion, but it has failed as yet to add materially to the current rate for money. How soon an impression will be made
upon the money market is a question which it is impossible to
answer; but if the value of money should be forced up, it will
be due to speculative and not to commer-jial action, and it is not
likely that the improvement could long be maintained.

Although no change has been made by the directors of the
of England in their rate of discount, the money market
has been firm during the week, and especially during the
earlier portion of it. At one period, the rate for three
month.s'
bOls was nearly equal to that current at the Bank of England
but since the improvement which has taken place in the New
York exchange, a somewhat easier tone has prevailed. Mercantile paper has continued scarce, and the
money market conse
quently relapses into a weaker condition as soon as there
is less
pressure on Stock Exchange account. Ihe present
quotations

Bank

;

for

money

Bank

are as follows
Per
:

21a

Open-marktt rates
30 and 60 da.v8' bills
3 mouths' bills

The

Open-market rates Percent.
4 months' bank bills
i^aaaia
6 mouths' bank bills
2=8
4 & 6 months' trade bills. 3a3^

cent.

rat*

.

2%
2i4®2"

rates of interest all

wed

by the joint-stock banks and
discount houses for deposits are subjoined
:

Joint-stock banks
iiisoounl houses at call
Do
'''tli^or 14 daVs'

^*'' "',"'•

.'

Annexed

notice'.!'.!'. ".".'.'."..'.! '".v.

,2
j^

.;.

a statement showing the present position of
the
Bank rate of discount, the price of Consols, the average quotation for
English wheat, the price of
middling upland cotton, of No. 40 mule yarn,
fair second
-quality, and the Bankers' Clearing
House return, compared
with the three previous years:

Bank

is

of England, the

1880.

1879.

IS78.
exclud'
£
ing Bank post bills. 26,219.025
27.589,650 29,405.285
Public deposits
5,379,710
2,755,629
3,595,752
Other deposits
24,441 013 29,965,269 25,869,166
Oovcrum't
•CSroulatlon,

securities.

Other securities
Eea've of notes

& coin

Coin and bullion

1877.

27,013,400
4,6.56.903

16,318,678

19,169.93-1

19,629,343
13,182,326
17,475,305
11,601,603

27,733,246

26,364,256 23,618,000

14,722,563

both departments.. 25,941,676
Proportion of assets
to liabilities
48-91

It is

Bank

rate
2's P.O.
3 p. c.
o p. 0.
4 p. c.
Consols
x99
971a
94Xi
x95ia
'E.wz. wheat, av. price
448. 5d.
46s. 7d.
418. 3d.
51.S. 7d.
Mid. Upland cotton
6\d.
6i3i«d.
5
6>id.
No. 40 mule yarn.
IOI3
10%.
9d.
1038d,
Clearing-House rel'n 91.932,000
123,564,000 105.829,000109,932
'.'.

000

'°*?®'
firmness has beenapparent. The
^nn^liu!
supplies IJff
offering have T''*'
been small, and a better Continental
demand has prevailed. The market for- Mexican
has
*''"•

&yWbeli?^i/c^n"^ ''''- "^
R

\A

•'""'-

*- ^--

GOLD.

n

otath Anipiican doubloons.

doS

.'.!!'..!'.'.
.

^I^ss^'rr

Tenders for

!

Ser

07'

bills at

Geneva

Madrid, Cadiz 4
Barcelona
4
Li.shon & Oporto.
5
Copeuliagcn
3 13 S

4

New York

696>4
5
5
.514

r>9a

three months, at £99

and for

receive in full,

9s.

and above,

will

months, at £98 14s. 7d., about
70 per cent; above in full. The Government is paying therefor
2 3-16 per cent discount on three months' bills and 2 9-16 per
cent on six months' bills.
Public companies are becoming numerous, several having
been introduced to public notice during the week. These are
of a miscellaneous character, and mclude several gold mines.
It seems to be very probable that the approaching
year will be
bills at six

fruitful in financial operations, but, excepting a Portuguese
loan, it does not appear that any foreign loans are
at

present
contemplated. Possibly, however, Russia will make an attempt
to obtain a loan in the new year.
The wheat trade during the week has been decidedly quiet,
and a very moderate amount of business has been in progress.
Prices are, however, scarcely so firm, but there has been no
material variation compared with the close of last week. Good
wheats are held with some firmness, and inferior sorts are
difficult of disposal.

During the week ended November 27 the sales of home-grown
wheat in the 150 principal markets of England and Wales

amounted to 46,010 quarters against 35,580 quarters last year,
and 51,323 quarters in 1878 ; while it is computed that in the
whole kingdom they were 184,000 quarters, against 142,320
quarters in 1879 and 205,300 quarters in 1878. Since harvest the
sales in the 150 principal

markets have been 569,672 quarters,
against 306,433 quarters in 1879 and 779,773 quarters in 1878
;
the estimate for the whole kingdom, for the current year,
being 2,278,700 quarters; for 1879, 1,501,750 quarters, and
for 1878, 3,119,000 quarters.
Without reckoning the supplies of produce furnished ex-granary at the commencement
of^the season, it is estimated that the following quantities of
wheat and flour have been placed upon the British markets
since harvest. The visible supply of wheat in the United
States is also given:
1880.
Imports of wheat. owt. 17,460.805
Imports of flour
3,190,752
Sales

of

1879.
21,016,954
3,233,893

1878.
14,459,731
1,897,262

1877.
17,191.526
1,973,843

6,507,500

13,516.000

11,408,000

home-grown

produce

9,874,315

30,525,872
of
506,072

30,758,347

29,972,993

297,037

666,853

614,426

Result
30,019,800
Av'ee price of English
wheat forseaaon (qr.)
42s. 4d.
Visible supply of wheat
iutheU.-8
bush. 24.200,000

30,461,310

29,206,160

29,958,943

exports

wheat and

flour

4Ss. 4d.

41s. 5d.

30,573,369

553.

O.l.

The following return shows the extent of the imports and
exports of grain and flour into and from the United Kingdom
during the first fourteen weeks of the season, compared with
the corresponding period in the three previous years:
Wheat
Barley
Oats
Peas
Beans
Indian

com

Flour

d.

Wheat
Barley
Oats
Peas

76 3i4»

Indian
Flour

«.

2^

market.
Pr. et.

which tenders will be accepted is 98 per cent. ITie amount is
£3,500 000, and the bonds are not to be paid off for fifty years.
This loan is certain to be fully subscribed.
Tenders were received at the Bank of England on Thursday
for £1,485,000 Treasury bills. The amounts allotted
were; In
bills at three months, £1,065,000; do.
at six months, £420,000.

9iaS 77 10
77 1lia9
74
a
73 9 a

rf.

6

...

4
3%a376 Calcutta
4
for India has been announced during the week.
to be in a 3^ per cent stock, and the minimum price
at

.

.

Pet«rsbnpir

new loan

Deduct

£

14,865,019

in

A

Pr.ct.
«t.

3'4
3>a
3Vj
3>a
3i«

Vienna

Total

18,10.1.045

14.737,624
20,728,354
15,143,596 11,958,971

4
4
4

rate.

el.

3%

34

must nevertheless be admitted that the supply of unemployed
is very large, and that there must be a large absorption
Hamlnyg

capital

Pr.

ct.

3>a
3

Beans

com

IMPOKTS.
1880.
1879.
cwt. 17,460.805 21,016.954
4,441,854
5,568,709
3,574,647
4,936,924
843,059
688,589
475.286
770,866
10,685,549
6,193,643
3,190,752
3.233,893
OBIS.
1880.
1879.
owt.
460.636
259.382
4,665
5,619
149,159
15,178
51,654
30,779
13.904
11,004
69,243
2:)9,133
45.336
37.655

1878.
14,459,731
4,236.622
3,364,539

1877.
17,191, 52«
3.592,44|»
3,116,128

528.280
434.116
9,201.697
1,897,262

1,258.732
7,816.867
1,973.843

615.168

1878.

1877.

640,340
51,481
35,495
5,488
2.368
86,996
26.493

692,017
22,747
46,587
6,623
8,120
35,445
13,409

.

,

December

A

:

'

THE CHRONICLE,

18, 1880.]

04$

LoNDos, Saturday, November 27. 1880.
1680.
The New York exchange has declined, and a Bmall quantity Clrriilstlnn, excluding
„'•'"'''
''>"»
26,136,030
J"'"«
of gold has been remitted to New York but the money
market Oth.
r •I.ikmUh
has remained extremely easy, and the be«t three months'
25,ai9JH5
bills
(li)V€niiii't wciiriUM. 14.<<6a,070
Otiiir iu'<'iiritl>'«
are now taken under 2 per cent. At this period of the
17.0a2,2i»2
year we Ktw'vo of iii>t<-n
A coin. 13.813.883
cannot expect the value of money to improve through
any Coin uiKl liiilllon lu
iKitli ilcpiirtnieuU ..
increased business activity. In five weeks time we shall
have Pni|H>rtlon of awieta 20.049,003
entered upon the new year, and diring that period it is
50-07
scarcely „ Ui llulillKli
;

1879.

187m.

*
27308,1 1
M.7M.*00
3.140.aM
a.tti.7fts
3l.0«7JiO0
I7.2«0,8«7
lN.837,ftaa

ar/NMMM
14.7J7.«7a
20.eS».B91

16,003.004

13.7IS,4M

28,371,110

26.003.333

46 40
41-OT
Biuik rikU)
2>ap. p,
3 P. r.
ft p. e.
be inclined to extend CoiUiulH
100 >«
Kiig. wiMiit, av. iirlM.
their operations. They will naturally do so if an
4411. Id.
47.. lOd.
4 It. 7d.
opportunity Mill. riiliiMclrottoo...
o'irfa<4rt.
presents itself for making remunerative bargains but
lO-i,
;
at the So. to -Mule twin..
"'IC.
IOI,d.
S«td.
»learK-bouM return. 74.076,000 777.41U,UUO 73.l»a«00
present moment there does not seem to be much probability
of
this.
Rather
There is, indeed, a fair amount of business in progress,
a eonaiderable amount of soverelgnu bM bMo roMived
from Australia daring th« week, and the ballloD
and it is understood to be of a fairly-remunerative character
murem«DU »t
; but
the Bank during the we«k embrmc«d in the laat
profits are not great, and there is no incentive
to run risks, as
retaro are ia
it« favor.
there are no considerable or unusual proflu to be secured.
YeeUrday. however, there wwi a rather larg* with.
Neither
drawal of gold from the Bank on Amertou
for financial nor for commercial purposes can we
Moouot. bat it
expect any
has had no perceptible effect. Silver ia rather
increased demand for money during the current year.
flrmer. owin^
Farther
partly to an Austrian demand ; but there baa
amounts of gold will very probably be sent to New York
been no imbut
;
poi-tant movement.
the export inquiry is not expected to assume any
Mexican doUan are rather cheaper. The
considerable
following are the current prices of bullion
proportions, and hence the rates of discount are not only
easy,
but there is much confidence in regard to the future,
OOLX>
< d.
§.
d.
especially Bnr fcold, line.
.peroi. itaDdaitl. 77 0>t*
from a commercial point of view. Political affairs are regarded
Biir icolil contJiln'K ao dwiiioiver.'.'
pS-^ •taadani. 77 11 »
as SpnnlHli doubloons
neroz. 74
•
more satisfactory. Dulcigno has been surrendered, and although South Aincrlean doubloon*
Daru. 73
•
United atoU;« Kold coin
the Porte may be contentious with regard to the other
.V^
ox-.i^Wlm,
S
matters Qerman gu\a coin
rTT.
..T^ptSrm! 76 3^»
which have to be settled under the Berlin Treaty, yet
there
ILVBR.
d.
4.
seems to be little doubt of the fact that the Turkish Govern- Bar silver, fine.
peroi. stondanl. neareet.... sm,.*
Bar Kilyer, cout»ln'g8gr«.goId.poro».»tJUia»ra
"
ment will ultimately fulfil all its engagements resulting from cako
S3l,i »
silver
,
imw«m n*a! *
--' *
M..xU.an dollars
the last war. The mercantile community believes,
J :..... i^i-W.Ylli^-"^
iprlee. SON
therefore, CuUluD dollars
in improved trade. The process of development
Quicksilver, £6 15». Od.
may be slow!
DU^on'tVai'pwl^i.'
but progress is being made, and if we should increase our
The foUawing are the current rates of diseoant at the piindbusiness to the same extent as we have done during
the current pal foreign centres
year, compared with its predecessor, we may hope
Bank
Open
Bank
that the
OfH
rate.
markcl.
rait.
commerce of the country will show a vast improvement over
Pr. el.
Pr. rt.
Pr.et.
Pr.tl.
Paris
the recent period of depression. The prospects are
3>a
3% SLPetersbnrg...
6
A
good up to Amsterdam
3
2%
Geneva
4
4
a certain point, but competition is great, and the cheapest Brussels
3>a
Madrid. Cadiz li
3H
Oenoa
4
Barcelona
3H!
4
S
producer, both in point of quality and price, will be the
most Berlin
4
LIsIkhi Sl Oporto.
3>s
Frankfort.... ..
4
successful.
3>9
CoiHMibnKen
3*194
3^
Hamburg
4
3 "a
New York..
3
The demand for money during the week has subsided very Vienna
4
Calcutta
3>s
considerably, and the rates of discount have been
The
stock
markets
have
been
very
firm
daring
the
week, essteadily
declining.
Choice bills are now taken under 2 per cent, and pecially as regards consols, some American railroad bond* and
the market is altogether wanting in vitality. This
week's foreign government securities. Consols have been as high as
Bank return is entirely in favor of easy money. The 1005/i@10054, and the tone of the market is still very good.
relapse in the rates of discount in the open market seems
to British railway shares, although they have not been actively
have caused the Bank's discount business to fall off, although dealt in, are moderately firm in tone, and some of them have
it may be said at the same time that
business in this depart- attracted attention. Prices, however, are high, and this fact
ment has been more curtailed. There, is however, a reduction naturally leads to caution.
of rather more than one million sterling in " other securities,"
The prospectuses of several new companies have been iasoed
while in the total reserve there is an increase of nearly
£918,000. during the week, but the only one of interest to readers in the
The result of the various changes is that the proportion of United States is that of the Univeral Inter-Oceanic Canal Comreserve to liabilities has increased to 51 per cent. This is
a pany for the cutting of the Isthmus of Panama. On the 7th,
very satisfa(!tory position of affairs for the Bank, and hence 8th and 9th proximo ."iOO.OOO shares of 500f., or Xao, each,r»prethe confidence which prevails. It is very certain that we shall senting a capital of £11,800,000, will be offered for subscription
enter upon the new year under favorable auspices. When it
in Europe and America.
The remaining 10,000 shares, consti*
is
borne in mind how severe is competition at the present time, tuting the authorized capital of £12,000,000, are given to the
,

likely that traders

and speculators

will

.

.

.

:

.

we may

congratulate ourselves upon the substantial increase
in our export trade.
British manufacturers may take credit to themselves that they still enjoy much
advantage, and are able to compete successfully with other

which has taken place

manufacturing nations which are contributing towards

society of original grantees for the concessions and turreys
made by M. de Lesseps. The shares will be offered at par, and
5 per cent interest is to be paid out of capital while the works

are under construction.

Subscriptions are to be received in

London by Messrs. Seligman Brothers, the Comptoir d'Rs>
world's requirements. The belief is that trade is very
sound, compte, the Credit Lyonnais and the Societe Qenerale. Interand that a further development is quite probable. The facili- est is to be paid out of capital while the works are under eonties for augmenting it are considerable, and there seems
to be struction, but, as a soand and profitable investment, there is
no reason why we should not enjoy a better trade in 1881 than little, if anything, to commend itself to the public. The pro-we have enjoyed in the current year. The following are the posed canal is no doubt desirable, and wonld be a great economy
in international interconrse, but the probability is that British
present quotations for money:
capitalists will incur no risks, and as French investors have not
Per cent. Open market rates—
Per cent.
„
Bank rate
4month8'bauk bills
2'a
2 9'2^ benefitted financially by the Suex Canal, it seems very donbtful
the

,

Open-market rates—
30 and 60 days' bills
3 months' biUs

\''a7ti1

6 months' bank bills
2'«®2'i
& 6 months' trade bills. 2'i'a3

4

I'soiU

The rates of interest allowed by the joint-stock banks and
disconnt houses for deposits are subjoined
:

Per cent.
Joint-stock banks
Discount houses at call

do

IVi
I"*

.....".....'.

with 7 or 14 days' notice.

if the proposed £12,000,000 will be subscribed. The cost of snch
an undertaking can only be very approximately estimated, and

intending investors are anxious to know if
adequate. Besides which the trade with the
west coast of America with Europe ia not so great as that
between Europe and Asia and Australia, and hence there is a
belief that, although the proposed canal will b<> ultimately
constructed, the world's commerce moat get older before sack

consequently,
£12,000,000

is

1%
The following statement shows the present position of the a work is necessary.
Bank of England, the Bank rate of discount, the price of consols,
The reports from the leading
the average quotation for English wheat, the price of middling
upland cotton and of No. 40 mule twist, and the Bankers' Clearing House return, compared with the three previous years
:

industrial centres are <^f a satisfactory character. A moderate amount of business is reported
to be in progress, and prices are steadily maintained.
The wheat trade was very firm in the early part of the week,
and the price of town-made flour was raised to 478. per sack of

2

.

THE CHRONKJLE.

644

280 lbs. The markets, howeTer, have closed with a quieter
appearance, buyers being indisposed to enter into considerable
There Is,
transactions, but only to buy from hand to mouth.
iowever, little if any prospect of wheat becoming lower in

—

—

[Vou XXXL

$7,878,042 last week and .$7,832,241 two weeks previous. The
following are the imports at New York for the week ending
(for dry goois) Dec. 9 and for the week ending (for general
merchandise) Dec. 10
:

VOBSiaN IMPORTS AT

price.

During the week ended Nov. 20 the sales of home-grown
produce in the 150 principal markets of the United Kingdom
amounted to 40,982 quarters, against 40,065 quarters last year
and 49,5S0 quarters in 1878. while it is computed that they
have been in the whole kingdom 164,000 quarters, against 160,260 quarters and 199,320 quarters in 1879 and 1878 respectively.
Since harvest the sales in the 150 principal markets have
been 523,662 quarters, against 327,853 quarters last year and
728,450 quarters in 1878, the total for the United Kingdom
being estimated at 2,094,640 quarters, against 1,347,000 quarters in the corresponding period of last season and 2,913,800
quarters in 1878. Without reckoning the supplies furnished
ex-granary at the commencement of the season, it is estimated that the following quantities of wheat and flour have
been placed upon the British markets since harvest:
1880.
Import* of wheat. cwt. 16,174,918
InporM of flour
2,880,778
Sales of lioiue grown
9,076,800
produce

1879.
19,408,529
2,973,761

13,326,i531

1,717,960

1877.
15,307,446
1,794,121

5,835,100

16,626,500

10,711,500

28,132,526

28,215,393

27,660,991

27,813,067

Total

Deduct exports
wheat and flour

1878.

NEW TORK FOR THE WEEK.

$834,072
3,135,623

1878.
$1,177,106
6,091,964

$1,634,220
8,589,130

1880.
$1,108,078
5,991,214

Total week
$3,909,695
Prev. reported.. 302,797,566

$7,272,070
209,650,383

$10,223,356
313,893.304

$7,402,292
451,006,269

1877.

Dr7 Goods
Geuaral ludse...

Total 8'ce Jan.

1. $306,767,2131

The following

.$276,922,453 $321,116,660 $458,403,561

a statement of the exports (.exclusive of
specie) from the port of New York to foreign ports for the
week ending December 14:
EXJPOBTS FROM NEW TORK FOR THE WEEK.
1877.
For the week.... $6,349,059
Prev. reported.. 277,213,162
TJtalS'oe Jan.

1. $283,561, 521

1878.
$6,331, S33
327,526,596

475,952

267,528

049,323

567,727

27,947,865

27,011,668

27,245,340

488. 6d.

418. 6d.

558. 4d.

wheat

2d.

States

bush. 23,200,000

for tlieseiison. 428.
Visible supply in Unit'd

The imports of wheat and other cereal produce into and from
the United Kingdom during the first thirteen weeks of the
present and last three seasons were as follows

1879.
1880.
$7,153,002
$7,255,743
330,799,107 390,157,908

$333,853,429 $337,953,009 $397,413,656

EXPORTS A:«D imports of specie at new YORK.
The following table shows the exports and imports of specie
at the port of New York for the week ending December 11.
Exports from
Gold.

28,608,478
price of Euglish

1879.

is

of

Result

AvVo

:

New

Imports at

Tork,

Great Britain
France
(jcrmany

New

Gold.

Silver.

Tork.

Silver.

$143,000 $2,448,287

West Indies
Mexico
South America

50,000

18,500

1,296.495
3,770
63,145
5,194
8,219

51,500

$101,.500

$3,825,410

1,500

$21,899
10,225
163,107
1,276

$196,507

All other countries
Tot.al

:

Of the above exports $51,500 were American gold coin and
$2,000 silver coin. Of the imports $6,450 were American gold
1877.
1879.
1878.
1880.
cwt.16,179,948 19,406,529 13,326,531 15,807,440 coin and $35,351 silver coin.
3,113,951
3,963,923
5,152,735
4,236,622
The movement from January 1 to date in 18S0 includes the
2,888,.540 export of .$2,237,523 gold and $5,848,639 silver, and the import
4,503,835
3,364,.339
3,166,348
523,376
767.400
517,311
528,280
474,116
1.196,844 of $59,218,946 gold and $5,372,611 silver. The totals at New
448,017
646,547
7,133,019 York from January 1 to date in the present and several previous
5,629,189
9,601,697
9,872,878
1,794,128 years have been as follows:
2,880,778
2,973,764
1,707,960
IMPOIITS.

Wheat
Barley
©ats
Peas

Beaus
Indian
Flour

com

EXPORTS.
£55,897
434,674
231,304
624,627
5,455
51,481
4,045
23,318
3.=),495
42,464
108,882
12,067
Peas
47,479
25,551
5,938
5,488
Beans
13,681
9,190
2,308
7,237
Indian corn
56,490
292,454
86,966
33,075
Flour
41,278
30,224
25,493
11,830
In the statement of imports of wheat and flour into the
United Kingdom, given on page 444, the total of wheat from
British North America in September last should have been
980,065 cwt. and of flour from Germany in September, 1879,
52,971. The totals are correct in all instances.
It is stated that the 3,877 coal mines in the United Kingdom
produced in 1879 134,008,228 tons of coal, of which 10,05S,511
tons were consumed in London while 16,442,296 tons were
exported.

Wheat

cwt.

Barley
Oats

Tear.

Imports.

Exports.

Exports.

Tear.

$8,086,162 $64,.591,557 1875
14,003,014 82,970,413 1871
12,176,212 18,738,283 1873
25,540,775 14,472,829 1872
43,131,032 21,100,782 1871

1880...
1879...
1878...
1377...
1876...

.

1

Imports.

$68,386,495 $12,850,403
57,985.923
6,184,422
48,556,710 18,638,756
5,536,061
09,564.950
61,532,028
8,582,679

B.1NSIN6 AND FlNlNCfAL.

OFFICE OF FISK
Ko. 5 Nassau Street,

New

dc

II.4TCII,

York, Doc.

18, 1880.

CHESAPEAKE & OHIO RAILWAIT BONDS.

English Market Keports— Per Cable.

The price of the Chesapeake & Ohio Railway purchase money (imdlng
bonds has been advanced to 103 and accrned interest.
These bonds, amounting in all to only $2,350,000. arc a strictly first
the foOowing summary:
lien on the whole vast property, on which has been expended to this
London Money and Stock Market. The bullion in the Bank date upwards of $50,000,000, with improvements of great importance
of England decreased £76,000 during the week. During the now in progress. They are, ou this account, a perfectly safe bond for
same time, the specie in the Bank of France increased '120.000 luvestraeut of trust funds, or for re-iuvestmeut of United States Fives
francs in gold and 1,235,000 francs in silver.
and Sixes, now maturing.
Sat.
Mon. Taes,
Wed.
Thurs.
Fri.
The price of the scries " A" bonds of the same company has also been
Sec.
Dee.
Dee.
Dee.
Dee.
Dee.
advanced to 100 and accrued interest.
11.
13.
14.
15.
16.
17.
The improvement in the business and earnings of the road during the
Silver, per oz
d. Sli^ig
52
52
5134
Si's
Oonsols formoney
931I16
93-,,
98i3ie 93»,«
j)ast year has been wonderful, considering that none of its Western rail
985is 939,,
Consols lor account
93i;>i18
99' is
9Slli6 989i, 931816
9815,8 connections have, as yet, contributed to its trafflc. These will bo adding
Fr'ch rentes (in Pari8)fr.85a5
85-80
85-72
85-75
85-05
85-00
largely to the business revenues of the road after a few months, as they
U. S. 5sof 1881
lOl^a
10413
10433
10438
104% 10413
TT. 8. 4139 of 1891
11514
II513
11514
115% II514
1155a
are rapidly approaching completion.
U. 8. 4s of 1907
1I7»4
II714
II714
II718 XII6I3
II6I3
The earnings for the past eleven months this year are as follows
Erie, common stock
48^8
4314
48 ^
4314
49 18
49
$2,439,090 52
For eleven months in 1380
niinoie Central
126
I26I4
126
I26I3
126
125'-3
1,755,888 24
For eleven months in 1879
Pennsylvania
61ia
6II3
6158
6413
6459
6 134

The

daily closing quotations in the markets of London and
Liverpool for the past week, as reported by cable, are shown in

—

rhilaflelphia& Reading. 2614
New York Central. .'....15014

26=8

26I9

2678

150
149% XI5014
Z/herpool Breadstuffi and Provisions Markets.
Sat.
Hon.
Taes.
Wed.
Thurs.
s.

Plonr (ex. State) 100 lb. 1
"
firheat. No. 1, wh.
9
"
Spring, No. 2...
9
"
Winler,West.,n.
9
Cal. white
"
9
Com,mlxed,We8t.
"
5
Pork, West. mess.. $bbl.65
Bacon, long clear, cwt. .33
Beef, pr. mess, ^ tierce. 56
.

I^ard.primeWest. ¥cwt.46
Cheese, Am. choice " 66

d.

9
8
8

9

7
S^s

—

«.

d.

12
9
9
9

9

9
9
9
9
7

5

8

5

56
46 6
66

61
38
56
46
65

65
38
6

$.

d.

12 9
9 10

9
9
9

d.

12 9
9 10
9
9 9
10
9 10
7
7
712 5 7I3
64
33
56

t.

12
9
9
9
9
5

64
33
56

d.

9
10
9
10
7
713

27ie
I5013

$683,802 28
1881 the direct connection to Ijoulsville,
via the.Elizabethtowu I^exington & Big Sandy Railroad, will be completed; also the connection to Columbus, Ohio, via the Scioto Valley
Railroad also the extension down the Peninsula to Newport News,
while other connections of great advantage are In process of arrangement.
The lien of the " A" bonds will extend over the Peninsular Extension,
while they have the same lien on the main line as the " B " bonds. Their
intersst.is payable, and has always been paid, in gold coin. Wo consider
them an excellent investment.
Considering tlic great improvement in this property, and the prosperity opening before it in the immediate future, there is no doubt that
the holders of the " B" bonds, now selling at 77is, and of the currency
bonds, now selling at the very low price of 46, will receive their interest
(now being paid in preferred stock) in money, in strict accoi-dance with
the terms made when tlie company was reorganized, while the preferred
stocks which they now receive will steadily increase In value.
Increase in 18S0

During the

Fri.
s.

d.

9
9 10

12

9 9
9 11
9 7
5

64
33
5;!

46
4.5
9
40
65
65
65
Liverpool Cotton lf»rA;«<.—See special report on cotton.

©0nxme vcial auai^lscjeXlattcouB ^exus.
Imports and Exports for the Week.—The imports of last
week, compared with those of the preceding week, show
an increase in both dry goods and general merehandise
The toUl imports were '^7 ,402,292, against $4,860,860 the preceding week and $5,963,473 two weeks previous. The exports
for the week ended Dec. 14 amounteti to $7,255,748, against

first six

months

in

;

FI8K & HATCH.
from time to time, short statements simibonds and other securities with
the character and merits of which we are familiar.

Note.— We propose to

issue,

lar to the above, in reference to railroad

December

THE

18, 1880.]

()HRONI(>'LE.
The

Slue jgaulijerg^ Cia^etU.
The (ollowloz dividends

IiuTO roeontlr been

aunoauoed
(to,

Name of Company.

When

Cent.

Payable.

Itallroad*.
Boston Revfii-u Buaeli & Lynn
Uasteni (X. II.)

93
2 '4
S-fl

Georsliv

A

Holyokij

WivstlleUl

( 'i^nl

Jan.
Uoo.

1

Itookt Ototett.
(Uayn inelutiee.)

Dec. 21 to

'

Jan.
Jan.
:i
Jan.
»
Jan.
$1 50 Jan.
1

2'a

i-iil

ProvidoiKi^ & WorcTOter
Kiuliniond fc DaiivlUo

Worcester & N^usliua

Ranks.

TradesnioTiV National

4

miKoellaiieoua.
WolU Far;fo <t Co

Jan.

4

Jan.

1880
1880

rex.
rej{

coup.
re«.
rex.

15 I>oo. 20 to
10 Jan. 1 to

*

3
15 Jan.

1

ooap.

1893. .reic.
1898. .reg.

1807..nK.

6a, our'cy, ISOS-.reg.
6a, our'ey, I8U0..reg.

23 to

1 Uoo.

to Jan. 10.

TUla

la

tbe nrtoa utd at toe moruiuc

The range

in price-s since Jan. 1, 1880, and the amoont ci
1, 1880, WHru as fullow* :

cbus of bund.s oatdtanding Deo.

FRIDAY, DEO. 17, 1880-S P. M.
TUe money market and Financial Situation. The week
many

and the
year promises to clo.so on strong markets, supported by an
tindertone of confidence which kas seldom been equaled in this
pre8«nt.s

m follnwa:

oouu.

ooap.

1

bAr« been

CM.

is, 1907
la, 1907
6a, cur'ey,
6a, our'cy,
6a, our'oy,

3

N«w Tork Board

ooap,

6«, lasi
6a, 1881
5«, 1881
Sn, 1881
l"«s, 1891

fsn, 1891

'

645

clo«ing pricaa tt the

15

2'a

liOliiith Valli'v ((|iiiir)

Nortluii 11

6*,

Per

^

«

:

Rangt

features of interest in financial affairB,

country.

Another great railroad couj) has beem accomplished by Mr.
.Jay Gould in obtaining a large block of the St. Louis & Iron
Mountain Railroad stock and a controlling interest in the .stock of
the International & Great Northern of Texas. Th»se connecting
lines extend from St. Louis to San Antonio on the northerly line and
to and beyond Houston on the southernmost fork of the International Road, and from Houston there only remains the short road
of fifty miles, the Galveston Houston & Henderson, into GaWfcston
city. This latter road can probably be acquired easily by Mr.Qould,
if wanted, and he will then control routes to Galveston and to

tlnee Jan. 1, 1880.

6a, 1880....cp.
6a, 1881. ...op.
58, 1831. ...cp.
4««», 1891..CP.
4», 1907....cp.
6»,oiir*noy.re(i;.

Awuniml

niohel.

Lowe$l.

lot > July 27 lOt^a May
I03''gjuly 9 107>«May
101
Dec. 16
Apr.
2 tl2>aNur.
1063a Jan.
103 Jail.
2 113<^Deo.
125 Apr. 21 30 8ept.

lom

Iter. \,

RegUlend.

20
26
28
23

1

f

.

t2.2ao.ooo

fs.n.'vo.ooo

1.51.787,150

M.7W.ttM

:»07,27i,t.-.<l

iHa.:!7ii.ooo
7.',.257.10u

174,7i2,!loo

831.821,750
64.033.812

1)

1880.

O^u

Batlroad and miscellaneoaa Stacks.

The

203,542.700

atook

mArk«t

has been animated on a fair volame of bosineMt. The greatnet
activity was shown towards the close, and in the Ust hour to-d*/
the Stock Exchange presented all the featoreH of « stfong boll
market. Western Union Telegraph was very weak yeatatd*/
and this morning, declining to the lowest prices yet made; bat
the borrowing demand for the stock showed a heaTjr abort interest, and it recovered sharply this aftcni'ton to 829a.
A large
reduction i\i rat<>s of telegraphing to many leading polntaaadthe
plan of the American Union to lay ocean cables are calculated to
New Orleans as soon as his New Orleans Pacific Road is finished. work against this stock'at the present moment. It ia expected
With the acquisition of these railroads and the project of laying that the semi-annual exhibits of the Lake Shore and the Hlehttwo ocean cables also well started, Mr. Gould can look back upon gan Central railroads, soon to be issued, will phow very handsome net earnings, and both stocks are stn^ng in eonseqaeaoe.
the past week as not altogether misspent. So long as the profits
The Chicago Burlington & Quincy dir»!ctors meet Dec. 38 to act
of Wall Street operations go into the building of new lines of on the question of a 66 2-3 per cent stoi^k dividend. The Waboah
railroad in the far West and South, and in laying new ocean stocks, particularly the preferred, were among the strongeat and
most active to-day. Chicago & Alton advanced again sharply.
cables, the public can have little caase to complain.
In nearly every case the highest prices to-day (Friday), as nhown
The money market has been tight nearly all the week and in the table of prices below, were very near to the closing prices.
commissions have been paid much of the time by stockbrokers Reading is one of the steadiest on the list at present, but as Mr.
in addition to the legal rates of 6 per cent per annum. To-day Gowen should arrive in London about Monday next, it is possible
that cable dispatches next week may give some intelligence of his
there was an easier feeling in money, and Government-bond
negotiations.
dealers obtained soma loans at 5 per cent. A fair quotation for
The daily highest and lowest prices have been as follows:
call loans in the week is 5 to 6 -f- a commission of 1-64 to % of
WeOnni.
S-Uunlay. Jfmulny. TneMdny,
Dec. 19.
Dec.W.
Dec. 14.
Dec.n.
Dec. iJ.
one per cent. Some time loans for 30 days are reported at
as
9@10 per cent,, which is much better than could be done a week Am. DIat.Tel. 76 7m 7« TOX
an
84
Atl.*P«c.Te1.
ago. The best commercial paper is quoted at 6@6^ per cent.
71
W
Canada South.
74X
80
Cent.of N. J..
90!i t»
The Bank of England statement on Thursday showed a loss Cent. Paciac.
84K 83
as
Ches.&Ohln..
S3
asm
of £76,000 in specie for the week, and the reserve was 45^
SIM sm
80
SIM
Do Istprf. .V)
84!« 24N
.
Do 2dprf.. 2:i« a.1K
144^
per cent, against 45^ per cent the previous week the discount Chic.
143^141^143
13UU
140
4 Alton. i:)9 IW
174
I7SI;< 1714 173
Chic.Bur.*Q. 171 174 iTsS:*74H
rate remains at 3 per cent. The specie in the Bank of France Chlc.M.iSt.P. max n-HMoH itOH
til
lllMIia II4M
III
121
I» I«
122
122
12a
prof. 182
Do
increased during the week 120,000 francs in gold and 1,235,000 Chlc.4N.W..
123
llMt<'ia4M
l»M
tiaau 23X112: 831^
I3W 140U :4«
I40K
pref.
Do
i 141^! I3U}< :3»<^
francs in silver.
;

C.B.l.*P.new

statement of the New York City Clearing House
banks, issued Dec. 11, showed a decrease of $2,378,675 in the deficiency below legal reserve, the total deficiency being only $83,200,

The

last

against 12,461,875 December 4.
The following table shows the changes from the previotw week
and a comparison with the two preceding years:
Differ'nces fr' m
prevtotts week.

1880.
Dec. 11.

Loans and dis.
Specie
Circulation ..
Net deposits .

X^gal tenders.
Legal re.fcrve.
Reserve lield.

1879.

1878.

Dec. 13.

Dec. 14.

$238,017,200
20,882.900
20,111.600
247,5.")9.'J00 206.131.400
40.478.500
13,403,900
$61,889,800 $51,533,600
61,361,100
07,173,300

>293.9.-)9.300 Deo.ll,7tl,900 $275,7.50.100

601. too
lS.4S5.-i00 Inc.
I3.S00
256.38.j.'i00 Dec. 9,747,.500
513,200
12,579,900 lac.

53.933.200 Deo.

$36,590,300 Dec.$2,436,375
58,200
66,5!3,100 Deo.

54.069.400
23,463,800

!3I
Ch.St.I..*.V.O. •»7

Do

prof.

DenverA

U.Ci.

Han.&8t..Io..

Do

—

advices indicate the probability that the funding bill will pa.ss,
which provides for a 20-40 year 3 per cent bond. It is reported
that the Treasury has already taken in somathing over §3,000,030
of the 6's due on the 31st inst.
Closing prices of securities in London for three weeks past and
the ran^e since January 1, 1880, were as follows:
Dee.
3.

U.S. 58 of 1881..
U. 8.4'«sof 1891
D.

8.

4s of 1907..

Dec.
10,

„

Dee.
17.

Range tince Jan.
Lowest.

1,

1880

Uighett.

1041a 104>9 lot's lOlis Dec. 16 look's Jan- 12
11473 11512 115'4 lOO'a Jan. 2 113=8 Dec 14
115^8 iiyi^'xio's lOOH Jan. 2 117'4 Dec. 9

so

8.S
8.S!j

8«g

41W

44l»i

43

Hous.ATei.C.

5;)

67

01

.. IDS

Mar.4C.Ist pf.
Do 2d prf.

lOX \0X

snw

TM
44JJ

est! OS?
•laoit laa

se

S8M

-.»4

isnj

83

83)«

aoH

51

ii™

:i5ii
20lJ

Mo.Kttns.4T.
Mor.4Ks9ex..
Nash.Ch.4StL
NewCenl.Coal
N.Y.C. 4 H. K.

:44>^ I45>

.

78
44

84

MobMo4 Ohio.

.Mich.Central

UW

41

M

S3

4a

lOK ai
aiM

~

'ISl
Illinois Cent.. •121 12-3
Lake ErleiW. .WJ* »6Xi 3(1
Lake Shore.... 123 I24?« '.MH

t,outsT.4Nti3h
Manh.ittan....

atvi

80j

prof.

80H

N.y.L.E.4W.
pref.

I>o

Ohio Central..
0hlo4MIS9...

$5.583,500

4S

lOlM 103t4 104)2
Del.I.Rck.4W. 10:l>|l0l'

N.T.Ont.4W

..$2,378,075

•.37

83K 8S!,
20
SOU Wii 80
8014
Del.4H.CanHl HSW 80>5 Sn

United States Bonds. In Goverment bonds there was a large
business, and right through the tightest money period there has
been a large demand for Government bonds. The Washington

Biirplua

liio

S<

M

— —

l3nHiai

VM)\i

44^ 45

Clev.C. C.AI.
Col.Chlo.&I.C.

.$9,827,800

Def. $83,200

ISO
ISl
StVi 88

Ch.St.P.M.AO 44M 45

Northern Pac.

Do
Do
Panama

4 Road j(

3t.I..A.4'lMr
pref.

1)0

3t.I..I.M.4So.
gt.L.4 S.Fran.

Do
Do

•

8SM sex

HM

pref.

Paoino Mull...
Phil.

S3!4

pref.

pref.
1st prf.

Sutro Tunnel.

4»ji

doji

soM

5m
sn«

32iJ
102
lOM

47
414<

54M

87

IM

pref.

40W 49
41N •W

» MM
b7
IM
108

Union Paciao.
Wah.9t.L.4 P.

Do

lOV

81

SOW
West. Cn.Tel.
• Theaa are the prtces bid and »»t»^
t
i

-

«A

•a
»s
88

BOH »«s

4IW 43
B«

I

STMl

» W

I

43

M

49
•»

88^

»1<

I07M, ilO^O0t<

4SH 4aM 43M 43
SS giS SOH

no •««»»« »<••

were also made ex-dlv. at laiwaiwo*.
Sales were also made ex-dlv. at J43W«;44,Sales were also made ox-dlr. at lOSM'^taSM.

t Sales

SIM aa

' "• o*'*-

—

.

—

..

THE CHRONICLE.

646

:

Sates of

Bangt

Week,
Shares.

Canada Southern
Central of N. J
Chicago A Alton
Chlo. Biirl. & Qiilncy
Chle. M11.& Bt.P....
Chic.

&

do pref.
North w

Do

do

pref.
Pac..

•Chic. Rock I. *
Col. ChlcA Ind.Cent.

Del. & Hudson Cana!
Del. Ijick. & Western
Hannibal & 8t. Jo...

Do

Illinois

do

pref.

Jan. 1, 1880.

sitiee

Highest.

Lowest.

20.770 40 May
88,255 45 May
6.468 99 >s Jan.
8.414 113 June
91.586 66 "a May
2,310 99 May
78,080 871a July
4,050 104 Fell.
10,390 loo's June
9,650
9>a May
28,127 60 May
70.760 68 13 May
43,620 22'8 May
17..304

1,250

Central

331a

75

111%

8978

lOOM
134J«

34% 82%
74% 102%

Nov. 29 49!>8 94ii
1461s Nov. 24 7678 108
204 June 8 119 150%
28
5
2516 Jan. 26
9213 Nov. 22 38
89%
94
10614 Dec. 16 43
481* Deo. 17 I314 41%
70%
99 Dec. 10 34
123 14 Dec. 8 7914 100%
28%
4078 Dec. 16 tie
128% Dec. 16 67 108
89%
174 Nov. 8 35

130

631s May
9912 Jan.

35
72%
73% 98

Mar. 16
Dec. 17

121

49 14 Jan. 27
5% 35%
122 Nov. 23 7519 104%

11.403 100 May
Morris & Essex
4712 June
413.100
Nashv. Chatt.A St. L.
N.Y. Ceut.& Hud.Riv 37,295 122 May
N.Y. Lake E.& West. 184.562 30 June
do pref
7,205 47 May
Do
4,650 20 May
Northern FaclUo
pref.
30,635 39% May
Do
17,110 23 May
Ohio & Mississippi
127,360 271s May
Pacific Mail
371 168 Jan.
Panama
28,800 13i3July
Phlla. & Reading
St.L.Iron Mt.&South. 105,210
341a May
25 14 May
7,175
St. L.& San Francisco
pref.
Do
6,828 33 May
2,433 00 May
Do Ist pref.
155.067 80 May
Dnion Pacific
Wab. St. L. & Paoillc 24.945 2fii3 May
do pref. 99,245 5II4 May
Do
377,482 7712 Deo.
Western Union Tel

Mar. 5 35I2 83
139
1471s Nov. 22 112

128

Nov. 26

49

821a Nov. 26
Jan. 14
6518 Deo. 16
44 13 Mar. 6
62 Mar. 8

36

.

21% 49
37% 78%
16
40%
144% 65
7% 33%
103» 39%
182

Dec. 13 123
3
17 13

225

7238 Jan.
66 Feb.
48 Feb.
65 Dec.
96% Deo.
IO913 Dec.
48 Jan.
8518 Dec.
1161a Feb.

17
15

27
17
24

56

3% 53
4% 60%
9% 78%

2

17

57% 95
'

885?

lie"

Lowest price here la for new stock, sold for first time Jane 11.
Ex^llvidcnd of 100 per cent in stock.
1 Range from July 30
t Range from Sept. 25.
State and Railroad Bonds. There is great stength in the
Southern State bonds and a general revival of speculative confidence in the bonds which had ruled at low prices until quite
recently. The extreme advance in Virginia bonds la.st week was
too sharp to be fully sustained, but— after a re-action the prices
Tennessee*, Louisianas and North Carolinas are all
are strong.
noticed for their increased firmness.
Railroad bonds have been very strong and prices are pushing
up quite sharply now in anticipation of the January demand for
investments, if the Government succeeds in negotiating a three
per cent bond, it will generally be conceded that bottom rates
have been reached, and railroad bonds and other securities can
then adjust themselves to their proper level, aceording to their
re.spective soundness.
The following securities were sold at auction
*

fj

—

—

Shares.

lihares.

250 Brooklyn City RR
171% 15 Mercantile Fire Ins
85
150 Central Trust Co
200
163%
9 Peter Cooper Fire Ins
50 Central Nat. Bank
123
7 Amer. Screw Co., $330 per sh.
50 Continental Ins
210
15 Union Bank
157
20 Continental Nat. Bank... 125%
115
SOWarren RR
50 Great Western Ins
82
30 Bank of Manhattan Co... 141
150 Merchants' Nat. Bank of
Bonds.
Savamiah, Ga
105% $5,000 Chic. Cinn. & Loulsv.
400 N. Y. Real Estate Asso. .101%
RR. Ist m. 78, due 1887.. 98%
100 M.anhat. Real Est. Asso.. 86
10,000 Nash. & Decatur RR.
400 N. Y. Guaranty & InIstmort. 7s, due 1900. ...116%
demnity Co
133^125% 1.000 Cinn. Ham. & Dayton
300 N. Y.. Prov. & Bost. RR..125
RR. 78. due 1883
104
100 ProT. & Stoningt. SS. Co 104
1,400 Metrop. Gaslight Co.
50 Fulton Nat. Bank
140
scrip
103%
2 Brook. Acad, of Music... 73
10.000 N. Y. City 6 per cent
72Mctrop. Gaslight Co
134
dock bonds, due 1905
122%
35 Metrop. Caslight Co
134
728 Pac. Mutual Ins. scrip.. 29%
50 Cential Park North &
5,000 HackoDsack A N. Y.
East River RR
IIOI4
RR. 1st mort. 7s, due
10 Lafayette Fire Ins
117
Jan. 1,1877
60
110 Greenwich Ins
288
Exchange.— Foreign exchange was still depressed in the early
Sart of the week, but has recently been firmer, and leading
rawers advanced their rates
point to-day. The rates on
actual business in prime bankers' sterling bills are about 4 79 for
60 days and 4 81^@4 82 for demand. Cable transfers are 4 82@
4 82^.
The following were the rates for domestic exchange on New
York at the undermentioned cities to-day Savannah, buying.

^

:

Quotations for foreign exchange are as follows:
Dec. 17.

Demand.

Sixty Days.

Prime bankers' sterling bills on London. 4 78%®4 79%
Prime commercial
4 77%a4 78
Documentary commercial
4 77 ®4 77%
Paris (francs)

Amsterdam

5

(guilders)

.'.

Frankfort relchmarks)

Bremen (reichmarks)
Oolna The following are quotations

—

Sovereigns

Hapoleons

X X Reichm.ark6.
I Guilders

$4 82 ®$4 85
3 82

4 73

3 90
Bpan'hDoubloons.lS 60

®
®
®

3 86
4 77
4 00

®15 80
Mex. D()uiiloon8..15 60 ®I5 00
Tine silver bars
1 III4® 1 11%
Fine gold bars

DlmeB &

par® 14 prein.

% dimes. — 99%®

par.

4

81%®4 82%

4 80%3>4 81
4 80 Si4 80%
5 261435 23%

29%a5 20%
39% a 39'8
93»8»
93=8®

(

—

—

9414

9414®
9414®

94'8
9478

in gpld for various coins:
Silver 148 and %s.
99%® par.
Five francs
91 ®
94

—
—

—
—
—
—
—

dollars.. — 87 ®
88
uncommerc'l. — 83%®
86%
English silver
4 70 » 4 80
Prus. silv. thalers. — 67 «
69
99i4»
U. S. trade dollars
990g
U. S. silver dollars — 99% a par.

Mexican

Do

—

WeekorMo.
1880.
Southern. November. $61,155

.

1879.

1880.

1879.

$49,000 $582,252 $390,044
"Albany & Susq ..September. 158.980 105.362
1.055.122
780.312
Atch.Top.&S.Fe.2dwk Nov. 272,000 188,000 7,259,000 5.455,447
Atl. & Char. Air-L.Oetober
127,332
88,498
743,023
595,611
Atl.&Gt.West.. ..October ... 497,232 477,776
Atl. Miss. & Ohio. October
233,910 200.308 1,673,402 1,366,315
Bur.C.Rap.ife No Ist wk Dec.
42.471
40.621 1.902,534 1.399.306
Cairo & St. IX)Uis.4thwkN0T
375.213
238.795
8,940
5.901
Central Pacific. ..November. 2,154,000 1,488, U2 18,582,195 15,817.291
Ches. &Ohio
November. 239.073 148.073 2.454.577 1,757.377
Chicago* Alton .1st wk Dec. 146,4e5 144,658 7,275.071 5,347.321
Chic. Burl. &Q... October ...1,599,.534 1,709.932 ]4,.504,592 12.013,668
Chic.&G.Tr'k.Wk.end.Dec. 4
40.746
13.970
Chic. & East. IU..l8twk Dec.
33,734
23,067 1,203,764
816,498
Chio.Mil.&St. P.2d-wk Dec. 310,000 236,703 12.346,810 9,435.483
Chic. & Northw.. November. 1.820.000 1,558,470 17,898,340 14,772,478
38.729
Chlc.8t.P.Min,feO 1st wk Dec.
35.388 1,486.480 1.160.839
cnilc. & W.Mich.. 3d wk Nov
16.407
15,349
737,759
578.173
Cin. Ham. diDay.November. 232,875
205,601
43,723
42.556
Cin. Ind.St.L.&C.lstwkDee.
Cincinnati South. October ... 186.675
64.877
Cin. <fe Bpringf. ..IstwkDec.
21,957
17,966
848,345
738.217
82,479
71,694 4.090,044 3,413.139
Clev.Col.Clu.&I.lstwkDec.
10,960
9,255
352.841
Clev.Mt.V.&Del.4thwkNov
383,894
Del.&H.Can.. Pa.Div..Sept. 117,136 112,762
858,982
890.292
88,601
29,353 3,266,064 1,153,010
Denver & Rio Gr 2d wk Dec.
87,333
766,081
Denv.S.P'k& Pac. November.
139,077 1,690.399
294.817
205.552
De8M,&F.Dodge.lstwkI)ec.
6,789
4,383
997,307
35.073
27,122 1,090.315
Det. Lans. &No..4thwkNov
864.541
21.234
20.710
957.176
Dubuque&S.City.lBtwkUec.
Eastei-n
August.... 302,389 264,001 1,915,440 1,628,426
847,819
East Tenn.V.&G. October ... 128,802 118,0S4 1,038,150
Flint* Pere Mar. IstwkDec.
34,742
27,943 1,481,075 1,058,941
31.964
32,984
Gal. Har.&SanA.4thwkNov
November. 169.957 133,339
Georgia
GraudTrunk.Wk.end.Dec.il 204,367 189,269 9,975,172 8,491,728
100,118 4.849,030 4,208,029
Gr't Western. Wk.end.Dec.lO 102,192
Hannibal* St. Jo. IstwkDec.
57,291
50,740 2,336.015 1,800,812
98.518
95,316 3.394,637 2,918,769
Houst.&TexasC. IstwkDec.
557.131 490.530 5,783.953 0,190,019
Illinois Cen. (111.). November.
140,813 1.530,242 1.383.386
(Iowa). November. 163,410
Do
20,822 1,118,400 1,054.689
21,774
Indiana Bl.&W.. 4th wkNov
52,948
55,101 1,755,347 1,012.784
Int.&Gt.North.. IstwkDec.
November.
92,047
Iowa Central
768.815
26,973
19,670 1.028,309
K.C. Ft. S.& Gulf. 3d WkNov.
642,138
422,991
10,761
Kans.C.Law.*So.2d WkNov.
18,011
035,421
14,980 1,229,001
23,379
Lake Erie* West.lstwk Dec.
48,193
32,578
LittlcRk.* Ft. S.September.
151,200 8,716.187 5.476,775
Louis V. & Nashv. IstwkDec. 218,600
781.566
538,569
29,183
34,202
Marq. H. & Ont'n.November.
805,237
34,002 1,09(!,448
Memp.A Chart. ..IstwkDec. 41.427
717,783
400,962
10.2:J4
19,924
Mlnn.&St. Louis. 3d WkNov.
Mo.Kivn.&Texas.lKtwkDec.
84,937
90.771 3,889,335 3,054,136
434,266 4,453,804 3.180.803
Missouri Pacific. October ... 546.027
Mobile* Ohio.... Novemljcr. 252.222 309.296 1.982.877 1,810,850
Nashv. Ch.&St.L.Noveml)er. 182.087 174.215 1,873,4.33 1,615,225
323.691
485.069
47,394
50,939
959
N.Y.& Canada.. September. 50
N.Y.Cent.&Hiid!No"vember;3,047',541 2.80i;835 30,772.013 20,521,216
11,881,343
14,065,330
1,492,495
N.Y. L. Erie* W.September.l,78G,417
50,015
48,159
N.Y.*N.Engl'd. IstwkDec.
NorthcruCentral. October ... 512,917 413,534 4,097,023 3,310,033
24.073 2,430,356 1,937,617
44,100
Northern Pacific .2dwk Dec.
8.084
11,656
Ogd. & L. Ch.amp.3d wk Nov.
304,112
366,530
11,060
11,988
Pad.*Elizabetht. 4th WkNov
196.128
144,040
5,029
7,150
Pad. & Memphis 4th wk Nov
Pennsylvania ....October ...3.882,714 3,518,144 34,137,327 28,034,354
242.545
410,393
3,242
7,530
PeoriaDec.&Ev.lstwkDfcc.
323,803 3,120,849 2,514.584
Philadcl. &Erie..Octol)er ... 367,082
12,377,394
Phlla. & Reading. October ...1,746,299 1,542.911 14,839,670
386,154
482,659
38,930
54,200
Pitts. Titusv. & B.October
19,275
Ports.Gt.F.&Con. August....
22,891
181,574 1,415,572 1,132,097
Rensselaer &Sar.September. 196,561
953.386
23,318
23,254 1,297,563
8t.L.Alt.*T.H. ..IstwkDec.
514,484
616,180
13,714
(brchsi.lstwkDec.
16,580
Do
St.L.IronMt.&S.l.stwkDec. 167,500 181,337 5,770,819 4,818,534
57,300 2,584,275 1,551,283
59,400
St.L. &SinFran.2dwk Dec.
502,787
66,374
8t.PauI & Duluth. October
36,700 3,004,008 2,460,549
79,500
S;.P.Minn.*Man.2dwk Dec.
20,149 1,377,300 1,037,324
31.180
St. Paul &S,Ciiy.. IstwkDec
268.147
297,049
6,119
5,306
Scioto Valley ....IstwkDec.
4,545,000
396,000
South. Pac. of Cal. November
wk
Nov
81,519
77,707
..Ist
Texas & Pacific
926,905
34,140 1,060,518
33,119
roLPeorla * War. Ist wk Oct.
.November.. 2,205,160 1,796,343
Union Pacific
Wab. St.L.* Pac. IstwkDec. 239,469 227,385 11.612.958 8,357,547
744,771
82,079 1,033,328
WiscaaslnCent... November. 113.020
V. S. Snb-Trea»nry.—The following table shows the receipts
and payments at the Sub-Treasury in this city, as well as the
balances in the same, for each day of the past week:
Ala.Qt.

. .

. .

. .

. .

. .

. .

. . .

Balances.

Payments.

Receipts.

Onrrency.

Coin.

$
Dec.
"
"
"
"
"

903,739 17
21
51
55
60

11...
13...
14...
15...
16...
17...

1,411,332
1,024,704
2,404,103
1,107,688
1,260,180

61

1,223,087
1,137,616
1,579,798
1,873,249
1,869,297
2,333,209

57
81

99
44
97
85

77,457,908
77,898,317
77,311,929
77,843,414
77,057,934
70,198,953

34
00
94
02
79
91

4.310,148
4,144,035
4,175.328
4,174,694
4,198,364
3,984,516

77
65
24
52
48
12

8,112,248 65 10,016.290 63

Total

New York

City Banks.— The following are the totals of the
City Clearing House Banks' returns for a series of

New York
weeks

pa.st:

Loam.

39%® 40%

9414-

XXXI.

totals

.

45 14 781a

Dec. 17
9014 Mar. 8
153 Doc. 17
178 Dec. 9
11438 Doc. 17
124 Nov. 20

75

Lake Erie & Western 51,200 2014 May
118,510 95 June
Lake Shore
5.650 677 Dec.
Louisville & Nashv.
7.175 21 July
Manhattan
37,346 75 May
Michigan Central. ..^
88,220 2818 Mav
Missouri Kan. & Tex.

fVoL.

Railroad EarnlnK* The latest railroad earnings and the
from Jan. 1 to latest dates are given below. The statement includes the gross earnings of all railroads from which
The columns under the heading
returns can be obtained.
Range for
" Jan. 1 to latest date" furnish the gross earnings from Jan. 1
rear 1879.
to, and including, the period mentioned in the second column.
Low. High
Latest earnings reported
^Jan, 1 to latest date.—.

Total sales of leading stocks for the week ending Thursday,
and the range in prices for the year 18 <9, and from Jan. 1, 1880,
to date, were as follows
__^

Do

...

8e^" 4.... 311,942.800
'^

U
18

Specie.

65.4»1,700

Deposits.

Circulation.

14,541.400
13.«4S.200
13.517,700
13,197,200
13,046.300

297,186,800

19,3*2,300
19,353,600
19,344.500
18,882.500
18,636,700

«03,877,203
625,050.183

isMi'.SW

785;,3(il.621

...313,716,200
...31».123.500
25.. ..310.201,000
2.... 309,323,600

6fl.340.,S0O

SO.'.'.'.slT.SSiJ'.iSio

ie'.STS'.lOO

iii'.oTelTOO

6....:i24,370.200 66.091.700
13.... 324,970.000 64.955.400
••
20.... 315,334,000 63,830,600
" 27.... 313.524 900 60,177.900
Dee. 4.... 305,701, 100 54,534.000
"
:l.,.. 293,959,200 53,93!1.200

11,989,600
12,474.900

"
'

Oct.

•'

Not.
••

60,517.300
05,147,600
85,256,300

„
Aog.CMir

L. TencLers.

298,.S.50.50O

20S,«2S,700
294,S06,900
295,811,400

S02',582;i66
307,7.10,700

307.70S.200
l'2,07«.iK)0 295,871.400
12,09,8.200 289,527.100
12.lr30.7(Kl 276,132.700
12,579,900 266,385,200

628.375,g»
573..365,801

7^.59S.^08

806,393,048
896,540.451
8«S,0<6.S1S
10,2.680.747
1150,094,981
ll«,485,200 940,101,84»

IS.eOl.SOO
IS. 708.700
1S,730,400
18,666,200
18,471,400

Decembbs

t

1

:

.

...

—

,.

..

.

t

'

THE CHRONICLE.

18, 1880.J

The following sUtetaent shows the coadition of the Ansooiated
B»ak8 of New York Citj for the week ending at the comntencement of businem on Dec. 11, 1880:

OfrSl, raiLlDBLPifll. «le.-0*,il««.«.

BU

•avBrriM.
Uar.lluigb. *

Nah«u««

Bankt.

647

Atk.

(lot., pref...

L.owall

140

Wev York* New Kociud... 434 44
Naw lluupaliiro
US
147
ecdeub.* L.C'bamplslii
UH
NorUierD of

Norwich * Worceaier.

.

do

Haw York
MuihMUD

Co.

Mercnantii
Meohanloa'

I

union
Ajnerioft

.

OaUatln Natl.jn'l
Witchera'AUroT
Mechanloa'
Green wloh

&.

{leather Man'f 'rs
feventh Ward
,

.

State of N. York.

Oommerce

91, rex.,

BjEoh..

BroodiraT
Mercantile
Faoiac
Bepnbllc

North America.

lie 78,

Hanorer

Usllod H.J. eona.B.ia.'tl
Warren* F. iatm.1a,*M

Citizens'

Nassau
Market

Importers'

&

do muri. gold,
'V7.... 1108
laaN
"
"""
do cont.
rg^l'.jIJOti
Morria, boat loan, .__., .^.

m

pref

PeaDaylvanla6«, coir

new pref
do
474
Delaware * Bound Urook.... 108
Bast Pennsylvania
Wllliamaport
si
Elmlra A
do
pref.. S«
do

Marine
Tr..

Park
Mech. BkK. Ass'n
North River
Bast KiTcr
Fourth National.
Central Nat
Second Nutlon'l,
Ninth National.

Bar. P. Mt. Joy

Huntingdon
do

A

*

.

BALTI.nOBB.

1^
MV
i»H S3

StIneblU

iS

Third National ..
N. T. Nat. Exch..

Nesquehontng Valley
Norrlatown
North PennsylTanla

nft

N. York County..
Germ'n Americ'n
Chase National..

Philadelphia
Pnllsdelphia

Bowery National

Pennsjlvanla

Total..

Phlla.lTUmlng. A Ilaltlmore
Pittsburg Tltusv.* Buff...

.l60.4n.800

do

The devlationa from returns of previous week are as foUowa
^oana and discounts
Dec.f 1 1,711,000 Net deposits
Dec. «8 747 500
:

|

Specie
Legal tenders

Dec.
Inc.

Boston Banks.
banks for a

601,400

Circulation

&4.3,S!00

—The following are the totals of

series of

Oct. 23 the item "

the Boston

DtpotiU. Circulation. 4gg. Clear
30,589,800
»O,4AH.3O0
S0,503.M00
30.577,200
30,621,200
S0,11W.600
30.50;),200

30,510,500
30,6»7,000
30,517.700
30,589.200
30,816.400
30,628,700
30,568,200

54

'.Jl?

417

55,-^«7.tf;8

57.978.584
62.080.708
61,«Y1,220
61 -'29 418
66,051,853
62,3*S,B70
71,908,48»
72,i.4«,8

.

due to other banks," Is included In dep^lts.
totals of the Philadelphia bank!

Banks.— The

Loam.
Sept.lS
•'^
20
••
27
Oct. 4
••

"
"

Not.

20,076,9a5
2I.300.23K
21.583.986
21,463.516

11

70,741,.57O

21.44'i,750

71,453.947
71.783.S15
72.564,072
73,441,319
74,515,640
75,082,818
74.961,122
75.082,036
73,612,776

21,108,723
20.533.193

1

a..
13..

Deposits.

0irculation.

Ayg. Clear.

*

18
28
15..
ai..
so.,
.

L. Tenderi.

t
70.583,378
70.782,051
70,627,677
70,804,827

West Chester

20,9'16.079

21.187,722
20,180,457
19,822,910
19,440,299
17.908,749
16,154,055

63.010.452
61,883.179
61,420.11'.

64,822,802
64,832,766
65.740,522
65,329,678
65.779,800
66,698,124
«8,738.281
68,532,670
66.833,482
04.819,921
• 1.280.872

"4 "Ha

consol. pref .. ..

WestJersey

12,178,215

36,873..l76

12,208.2.S0

41,444,519
39.IW.7IX1

12.215.48S
12.105.371
12,188,549
12,213.234
12.243.730
12.230.647
12.285.615
13,241,785
12,241,121
12,192,785
12,196.088
12.202,775

42

«.-)3,615

42,9113,778

42.851.893
45.311.760
42.863,753
49,026,5.84

46.419,767
48.741.664
44.27S.I4
59,408,059
46.572.862

16S4

Schuylkill NaTlgatloD
pref...
S)»

RAILROAD BONDS.

no

2d m.Os, '8^.. 109
Sd m. 68, 'J?.. 10.*)
6s,coup,'.s3 loa
;

do
do

6». coup., '81) 107
mort. 6e, '89
114
Atl. latin 7s. g., 1*93 ....
do 3il m. cur. 7*, ic7J
Cam. * Burlington Co. 6s 'DJ. ....
Catawlssalst.'TB, conv.,'S2
chat, m., lOs, '88 .. IIS
do

Cam.

*

Chartlers Val.,Istm."8,C.,190:
Delaware mort., 68, various
Del. * Bound Br., Ist, 78,1905

nu

H.AB. T. Ut m. -8, gold. •90.

118

2d

SaOtlRITIIS.

Bid. Ask.

BOSTON.

Ateh.

do
land grant 7s
do
2d 7«
do
land Inc. Ss..
Boston & Maine 78
i?4m;
^y^

A

Boston

Lowell

do
Boston

*

imt

«s
78

123^ Pueblo & Ark. Valley,
Kutland6a,lEt mort

I1HV

& Providence 78

Hartford* Erie

IK

7s

45

78

Han. City Top. A

do
do
K. CItv Lawrence

v\

.,

Bo. 48... 1(K)K
:'7
Kaa.Oity. St. Jo.*(;. B.Is.
Little li'k A Ft. smith, 78,Ut
.

New York & New Kng. Is....
Kew .Mexico & So. i*ac. la...
•JBdensUurg « Lake Cb.»a... ROW
01dColonT,7a

45V

120W 123

78, l»t

78, inc..
ft

'....'

117

....

,..,

100

,..,
tfs..

....

STOCKS.

125«

68

do
78
Fort Scott* Gulf

78

Vermont * Mass. IiR.,<s
Vermont * Canada, new

Mo., land erant 78. .. 117
do
Nehr.68
Ex 111
do
Nebr.Ss
im'^
Conn, dt Passnmpsic, 7r, 18»i.
116
Eastern, Mass., 4>s8, new. ... 9M« 9'iH
Fltchburg RR., 8«
Bnrl.

Bid. Ask.

Old Colony. 88

& TcpckalBt m.78

do

SSCUBITIBS.

1424 113

Boston* Albany.
Boston *Lowel!
Boston* Maine
Boston* Providence

180
,

.

1454

Cheshire preferred
CWc. Clinton Dnh. * MIn...,
Chi .« W. Michigan
Cln. Sandusky * Clev

I50*«
69(4
....

71

.

Concord
Connecticut River
Conn. & Passumpsic

i!^
95

...

.

^

d. is., to
'32

iisi

u

Navy Yard
do
Penn. Co ,6s. reg

87
S3

Fhlla.* Erie lstin.68,cp.,'8i
Sd m. 7s,cp.,'88
do
Phlla. N'cwfc A N.T.. fat m.
Pblla. A Head. 1st m 6s, 'IS-'lt
'4S-.49.
do
do
2d m., 78, cp.,91.
do
doben., cp., *S8*
do
cps oft.
do
do
acrip, IMi
do
Id. m.7s, cp,I8M
do

110

Marq
24«
•ftn*
pref
do
1X5
128
Fort Scott* Oulf, pref
commin :uH 71
do
82
113J< K.C. Law. i Southern. Bl.R tfO
116
Uttle Kock* Fort Smith ... 61 »»
bO

Manchester * Lawrence.... lie
824
Mar. Hough. *Oiit

PennsylT,, Ut m., 6a, cp., "»).. vAi
gen. m. 6s, cp.. 1910.' 124
do
gen. m. 6s. rg., 1910. 118
do
cons. m. 6«, rg., 1905 118
do
cons. m. 6s. cp., 19M. 1164
do

om
31

6s. rg,'iil

1st in.69,coap.. 9.

.

• In default,

t

Per share.

1194

1074
US

lOlW
118

nm
...

117
117

123
.V)
....

M
78

.tjlW

US

Ctn.A Cot. Bridge si'k. prefliso
CIn. Ham. * D. coaa.(s, I* 8 *1iug
7», l90Btll»
do

IIWM

Mm.

is,

'ssrllot

Ham. AInd.,7a.gaar. .>J1084

A

108

Indiana .atm. .a_ ...llloa

:d m.7a, n..<lai>
do
Cln. LSt.L. AChlc.8tock...'loju
cont. 6a... 1 101
do
lOlM
lat m. 7a, 1r
Xenia,
Colnm, A
Dayton A Mich, lat m. T. tl
»dm.1s.'8<.
do
m. 7s, 18'
do
Dayton * Weal. Ist m., '81
isl m., IKS.
do
I8tm.ls,i'~
do
~

M

. . .;

Ind.

m

CU. *

do

Laf. ',st
(I.AC.) I8tm.78.d8'

UtUe Miami

6a, '93

...

Uam. A Dayton sleek
ColombBS A Xeula stock
Dayton A Michigan stock..
do
8.P.C. St'k.gBBS
UtUe Miami stock
Cln.

I.OV1SVII.L.B.
1084

LonlsTlIle 7s

do
do
do
do
do
do
do
do

|IM

10s

I104
wal«rts,187lo-8t il04

108
108

U.'tttoV
8e.f7to'N

lOS
water stock 18,17.1 104
4>M
wharf 6a
spec'ltai6.ofJ»| luj iS
water 6a, Cs. 1902 f IWk
<l

Jea.MAUalm.(I*M)
do
do

lOM
ia.'8H 1«0

1dm.. 7a
181 m.. 7b. 1906

—

1

101

1074 tOS
lit

LoulaT.C.ALex.lstm.7s."97» 1184
Loals.* Fr'k,U>Bl«T.lB.8a,'8l
LonisT.

iO

•*

.

'

7s
do
.flll»
7-808
do
tins
Sooth. KB. r«08.rtwu
do
do 6s,goid.r,itt
do
UamlUonCo.. u.,ls. loiig...t l(/7
78, 1 to5yra..{,|05
do
1A7-30s.roB(.1|llO
do

Cln.
CIn.

M m.f '.scrip g.,;s

2d mort. 6a, 1900
do
Lehigh Valley, I8t.6s,ep., ISM UO
do reg., 1891... 1»0
do
do 21 m. 78, reg., 1910.
do con. m., 68,rg.,l9A
6a,cp.,19^ 1144,116
do
do
Little Schnylklll, Ist m.78/WI
North. Penn. Ist m.68, cp.,'8S. 108
'2dm.7s,cp., '9<. 1«0
do
do gen. m. 78, cp., 190S. IM
do gen. m.7e, reg., IMy^ 1^0
Oil Creek 1st m. 7a, coup.,'8i. lOK
SO
f Itlsb. TltusT.4 B., 7s, cp..'96 ....
....
Scrip
do
Pa,AN.Y.C.A RK. 78,1896... vmt
»l
1906 ...
do

Perklomen

;

do

3d m. cons. 78,*»».

I7H
054

ISO
,..

Eastern (Mass.)
Eastern (New Hampshire)...
Fitctlhuri
Flint *Pero

161

II3<<

1

PltUb.AConnelTav.7a,'9a.JkJ

Cincinnati 6s. long

. .

BOSTON. PUILABELPfllA AND OTHER CITIES.

dUOTATIOJIS IN

.

BAILBOAO BOBOe.
Bait. * Ohio 6a, 18n,A.*0
N. W. Va. ad m.,gaar.,'!n..l*J

^

7s, I J. g.'89, ,.,
in. 7b, gold. '96. 100

IthacaA Athens lat g

A

u«

IB

IP
9»
Connellsvllle..ao

CINCINNATI.

m.

JuncttonUtmort. Si,

tfi

BAILROAD STOOKB. Par.
Balt.*Uhlo
.wisa
ro
Ist prif
Ito
do
.J117
Sd prtf
Wash. Braaeh.wo IM
do
do
Parkersb'(Br..lu

Wd

East Penn. Ist mort. is, "88 .. ....
El.* Wmsport, litm.,78,'S0. lis
5s,perp
80
do
Harrlsburglst inor'.68, "83

do
do
do
do

iir

104 Northern Cestral 6a, IB, J *J
do
6a, 1900, A AO. 1I4>4 1
do «s,gld,IIOi),J.*J.!iii^ .
Cen. Ohio 6s, lat m.,'90,>l.* s. 11 IWK
W.Md.»a,lalm.,gr..-9ij.AJ. iIt^ .„
do 1st m., ino, J. A J... liivu IliM
do 2dm.,gaar.,J.AJ.... ii?"^^
do 2d m.,pref
107
110
do 2d m.jtr.by W.UO.JAJ 110
do 6a, Ddm., guar., J.* J.'uimL .
Mar.ACtD.78,'9l, F.A A ...IIM^ ..
2d. M.« N
do
(S
Ss.Sd.J.AJ
do
404
Union BR. Ist. guar.. J. A J..J1IS4
CaBionendorsod. 11S4
do

no

new78 1900
do
Connecting 6s, liWO-1904

18t

M.*^

.

Val.. 7 9-108, 199«... ijg
7s, E.ext.,l»IO 109
Inc. 78, end., 1M. 33
do
lielTldere Uela. ist m.,«a,l9U2.

Allegheny
do

do
do

iu
UMH

1

do 6s,eieinpt,'M>,M.A8
do Da, 1900, q —J,.
do 6s. im, J.A J..
do &v,19i6, new.
Norfolk water,9s

Pltuburg

38H

do
BuBQuehanna

im,

.

Central Ohio

Delaware Division
Lehigh Navigation
Morris
do pref
PeansylvanlR

Camden AAmboy

~

do

Korthern Central
Weatern Maryland

cnesapeakeA Delaware

3

78,844,361
.!....
84.878,885
80,240,701

are as follovrs:
1880.

pref.

*

CAMAL STOCKS.

weeks past
8,862,500
5«,0fl9,500
2.813,500
36.34'i.»00
58,3S1,«00
2,96a,«)0
2,875,300
59,827,700
2,743.400
60,612,100
2,718.000
61,220.900
2.896.900 •100.461.500
3,077,900 101,578,500
3,015,500 •103.5'2M.300
2,964,700 •102,845,300
3,012,300 •99,550,300
3.4.36.000 •98,371,300
3,308,700 •97,312,800
3,132,000 •91,059,500

From
Pbtladelptala

13,800
'-.ow

Paul

Maryland M, deteoae, J.A J.. i10«
do
6a, exempt, l!«7..„
do
6>, I89U, quarterly..
do
Ss, quarterly .
100
Baltimore 6«, istl. quarterly 107
do <a,;8M,J.Aj
.110
1 IS
do 6s, 16(0, qnarurly.
do 6a! pari, inu,u,-M. Ilia
.

Duluth R.K. Com
do pref
do
United N.J. Companies

at.

J

L. TetuJUrs.

•

Inc.

W

62H ?'«0
»>4
>«*

Erie

Reading
Philadelphia* Trenton

Avenue

Fifth

A
A

'.910.

M

Little Schnylklll

1074

,

mMj%.,'rt
do
m.6a, reg., IWl 7*
do (a, boatAcar jv.,l*ir
do 78, boatAear.rg..l9tl
Soaqaehanna 6a, ooap.. '.9.8

Setiaylk. Nav.lai

Lancaster.

Broad Top...
*
do pref.

Lehigh Valley...

First National..

lst«s, rg...

llrla

Delaware IMviaiua U, ep..'M
~
Laklgb Navlca.m.,6s, ntt
do morl KK., rg
do m. onv, g., r.g..*M

Calawlasa.....
pref
do

Continental
Oriental

w

'

...

OA»At, BOIIIM.

CbMan. *

Atlantic

do

la.-*

W.JeMyA AU. iiiB 6«,'eiilllOt
Wwiera Pean. UK.
aT !•»
do
i^fcii

.

ao

Corn Exchange..

iiia

..Jl'.t

eooa. da. It

t9»

nr.iinp.,re«.,'«.M.

Ctmden A

7a, '91.

1

.

Nicholas
Leather..

8hoe&

'itt

'Mt Jersey <>, dei>,,eoap .'an
do
181 m. da, ea., -Mill*

do

....

WuH

Aa. g. Ji

Waet Cheater coaa.

68, reg. and coop.
exempt, rg.* coop.
Camden County 48,coep
Delaware ss, coupon
Uarrlsborg City <8, coapon
RAILHOAD STOCKS.

H. Jersey

Irrlnx
Metropolitan

I9_

eoaaiB.4«j|.. It-

Ist 8

<8, gold. reg
78, w'i'rln,rg.Aep

lo

do

7«, ras..

Ho <i-aada l> V.
do
do _.lnc.*l.gr ,7a I9l>|
.. .
Ualoa A TliusT. iu m. U, "SO.

PIttslinrg ls,conp.,l9IS....
5s, reg. A ep„ I8K.
do

People's

do

TOMdoA Pae. IM

Allegheny County St.coup.
Allegheny Clly 18, rex

Chatham

«i

is, e

IjrnXMM Car«'/,lai,:»j

••,l»19, rat.,l<T7-'n
•a,ia.», reg.,ina-'n tOSH
(a, In. Plane, re(.,im
Philadelphia, »a rei
ta,ola,ret..
do
do ta,n.,rg.,prl«>rto'9^
do <a,n.,rg.,UMS* over
do 48, varfou

Tr.

Hi.

do

I'^-lin
Sa,naw,ret.,IM*-IM iia

do
do
do
do
do

UB*^,
rklLA{Lc<»t*lm%A^

ManoklB v.* PoiUfla, l9Di{lMH

renna.5a, g 'd, lnt.,ref or ep
do 3a, car., roc

Fulton
Chemical

(sA.,

MeakMT.A lad. ls».6e.lB6,''"^
Has. A W..lst m.MMi
J.

•TATI AMD OITT BOKOl.

March 'Fits' Kich.

American

er

PHILADBLPHIA.

as.

Pblla. WllBi.4B.lt. 6a, -M
Pltu.Cln.*Rt. L. 7t,c«a.,|i

.

A Naahua

Worcealar

m>.

«o Mir. U,
do

M

.

VennoDt * MasaachnaetU

ari^;::::::::
^adesmen's

St.

pref

Old ColOBT
,.
Portluid Smo * Portnaoatk 104
Pallcoa Palace Car.
RailaLd, preferred

A NasbTlUo-

Leb. Br. 6a, »6.......jj.j..t
lat m. '«b. br.Bx.7B,'8M».t
do . •^'•'••.•t
Lou. In.

JeSeraon Mad.

A

t •p'l Interest.

Ind. •toek.

]3h

—

. ...
... ..
.

.

—

—

..... .

1

THE CHRONICLE.

648

NEW

U. S.

'

.

XXXL-

TORK.
may bt.

Price* represent the per cent value, whatever the par

Railroad Stoetu are quoted on a previous page.

active

. .

LVoL.

QUOTATIOJNS of stocks AlSD BONDS IN
Bondi and

—

)

.. . .
,.
,

STATE BONOS.
Bid.

Alabama— Class A, 2 to 5

due 1886
due 1887
due 1888
due 188« or '00
Asylum or Univ., due

6s,
68,
9b,
68,

88!i

ao
«

UK
RB

Arkansas Ceni.ral
Connecticut—Ce
GeorKla-«8
7s,

21

8
H
8

107X

iim

115

Michigan -68, 1883...

1(15

HI

51H 55W
illO

IIS

7s,lS»0

:

gold, reK.,'87
6s, gold, coup., 1887....
68, loan, 1883
1881
69, do
1882
68, do
1893
6s, do
North Carolinar-68, old.J AJ
68,old, A.*0

^l

Special tax, class 1
do
class 2
class 3
do
Consol. 4s, 1910

104
114
115
118

5
83
80

Small

Tennessee—<J8,

!

6s,
68,

...

new
new

('

old

«5^i

100

Registered

107

Funding
do

....

47M
•

•••

so
.'jii

,

105

6s, ex matured coupon.
6s, consol., 8d series....
69. deferred
D.of Columbia—3-65s. 19iM.

i^

6
fiO

47t^
:tu

fis.new, 1H67
6s, conHoI. bonds

tt'i

Ask.

9
4S

47«

series

Vlrgina—fls, old
63, new, 1H06

5

Ohio-fls, 1881

3ii

Non-fundablc

•

20
2U
3
5

Chatham Rll

Bid.

Rb(id« Island—0s.coup.'9!^0
South Carolinar—
68. Act Mar. 23, 1860.

1

!2
12

New bonds, J. & J
do
A.&O

110
110

New York—6s,

107

78, new
7s, endorsed.
7b, fcold
Louisiana— "8, consolidated

112
lis

BBCCRITIES.

115
115
90
90

do
A.40
do
coup, off, J. A J.
do
coup, off, A.&O,
Funding act, 18«6
do
1868

110-^

..

'82

Bid.

N. Carolina.— Continued..
No. Car. KR., J. A.I

les
110
1:0
110

Funding, 1894-05
Hannibal & St. Jo., 1886.
1887.
do
do

13

9ii

.

K

B. & N. O.
U. K
Miss. O. 4 R. n. HR^.

•?B,

MIssourl-Bs, due 1882 or '83

93

Arkansas— 89, funded
78, Li. Rock 4 Ft. Scott Iss.
78. Memo. & L. Kock KR

&

SICtTRITIIS.

73
74

Class A, 2 to S. small
Class B.Ss
Class C,2to5

BBCCHtTIES.

Aik.

.

.

74K

751X

.S2

15

17M

104
104

....

1899

5s,

rejiistered

RAILROAD AND XIISCELIiANEOVS STOCKS AND BONDS.
Albany

Susquehanna —
&

&j

gtioted.)

Santa Fe.
Atchiaon Top.
BoBtoa & N. V. Air L,., pret.
Burl. Cedar Rapids & No.
Cedar Falls & Minnesota..
Central Iowa
l8t pref
do
2dpref
do
.

ChlcagD& Alton, pref

114?

Gin. Ind. St. I.. & Chic
Clev. & Pittsburg, guar
Dubuque & Sioux City

Frankfort

A Kokomo

.

.

& Chicago..
Chiirleston

LouTsT. N. Alb.

25
!43

&

Buff.ilo.

aw

Caribou Consol. Mining..
Central Arizona Mining.
Central N. J. Land Imp..
Climax Mining
Colorado Coal A Iron
Consolidation Coal of Md..

7a,

Syr.

71'

2d mortg., ext'n

i2M
20
832

23

pref

3)lver Cliff Mining
Standard Cons. Gold Mining
Btormont Silver Mining.

115
122
116

...

Land

120
12

!;:!

Dth mortgage, 79. 1888
1st cona, gold 7s, 1920

liu.'<

Ist mort.,

S3«

....1107

.

m., 1916

Waco A

stock Exchdnge. FrtceA.
Bait. AO.-l»tB9,Prk.b.l91»
Best. H. A Erie— Ist
Ist mort., guar

..

118

*i'.ia

i)8«

N., 78,

n24
Jii'iji

102
loasi 103
109
112
113.1^

112
;ii3
115

114
lis'

iblji
and Ind'y. 7s
lU.Cent.-Dub.ASloux Cist
m
tiii"
45H
2d dlv.
Dub. A Sioux
*44
1J3
120
Cedar F. A Minn., Ist m
Bur. Ced.R.A North.-l8t,5s
88)i B8>i Ind. Bl'm A W.-lst, pref.'
Minn. A St. L., 1st, 7s^ guar ;105
iBt mort., 78, 1900
79^
Iowa City A West'n.Ist 7s ;106
mort..
1909
69
2d
Central Iowa, Ist m.78, 1899 112
Ind's Decatur A Sp'd 1st 7s
I05J4
Chesap.A O.— Pur. m'y fund
Int. AGt North, ist 68,gld. 106
ri
68, gold, series B, Int. def.
loiji
L. Shore-M.S.AN.L, 8.f.,7s 109
Inc.

C

,

6#,

m9

currency, int. deferred

455<

A Alton— 1st mort

Income

Cleve.

t..,

Sinking fund
S109
Jollet A Chicago. Ist m.
Louls'a A Mo., Ist m.. guar J115
do
ad 78, 1900. 106
8t. L.Jack. A Chic. 1st ra. 116
.

Ml8S.Hlv.Bridge,lst,s.f,68
Chic. Bur. A Q.—8 p.c, 1st
Consol. mort., 78

m

sinking fund
Chic. Kk. I.S P.-6S, cp.,1817
8«, 1917, registered
5e,

Keok.A Des

M., 1st, g., 5s.

Central of N. J .—1st m., '80.
let consolidated
do
assented.
Convertible
do
assented
Adjustment, 1903

Lebtgb A W.
do

Am. Dock A

B., con., g'd

.

aasent'd

Impr. bonds
assented
Chlo.Mll.ASt.P.-lst.Ss.P.n
mort...
7.'1-10.
2d
P.r)..lR9S

do

•

Prion Domlnal.

t

A

Tol., sink. fund,

lllJi

new bonds

il07'

Cleve. P'ville A Ash.. 78
BuflUlo A Erie, new bds..
Buffalo A State Line, 7s.
Kal'zoo A W. Pigeon. 1st

t:l4
S122

do

lii
130

do
do

Sinking fund
Keglstered. Ss
Collateral Trust, 68

Kansas

Pac—

Isl m., 6s,
1st m.. 8s,

'95,
'96,

with cp.ctfs

—

va

A

Wilkes B.Coal-1888

Lake Erie A W'n— Inc.7B,'0i.
Laf. Hl.A

Mun.-Inc

51

6b. 1977
N.Y'.Pa.A0..1st inc. ac, 5-7s.
N.O..Mi>b.A'rex.deb.sc.,1930

Ohio CentralT-Inc,
Peoria Dec

A

lO'.iO....

K'^ii'e- Incs.

Evansv. div. Inc 1020

...

St.L.I.M.AS.— 1st 7s.prf .int.
2d int., Os. accum'latlve
.

Miscellaueons List.
{lifokevs^ (.fuot'Uinn.f.)

RAILROADS.
A N.. Y Air-I,r-lst m. +105 106
70
00
m.,g.,7i
Chic. A K. lll:-S. F.c'y 190'
104k 105«
125
Chic. A Southwest. — 79, gliar 120
108
Cin. I.afayette A Ch.— I»t.m lo:i
Cin.ASpr.— Ist.C.C.C.Ar.Js no
Bost.

Chic A Can. So.— 1st

100

Istm., g'd L. S.AM. S., 7s. 115
Erie A Pittsburg— Ist m., 78 +100
105
Con. mortgage, 79
90
7s, equiiiment
10i?i
103
Evansv. A Crawfordsv,
Flint A Perc M.—89, I'd gr't 102
108
83
Consolidated 88
iiii*
23
Stock
U'2).S io-.'«,
71
Galv.
Hous.A
II.-7S,
gld,'71
115«
Gr'ndR.AInd.— lst.7s,l.g.gu 115
IJSk106
1st, 7s, Id. gr., not guar,
12IM 12i!^: Ist, e.x.
90
I. gr..7e
119
88
Indianapolis A St.L.— Ist, 78
10614
60
2d mortgage
74
Kansas A Nebraska— ist
122
SO
2d mort

107

lOS

110

,

I

m

100

26
85
125

iia

95"
60
78

saa

.

.

.

128

.

.

.

.

.

.

10i;k 104

115
115

C—

107k 108k

!

tb«»e are latut qgotatloiu

made Uii» wee*.

S.

,73,

Carolina Rll.- ia m.,
Stock
79, 1802, non-enjo led

'8«

7i

.

Non-mortg. bonds
West Ala.— 1st mur:., Ss..

83
57

2d mort..

89. gua,-

Western V.

1

No price to-day

Northeast., S.
lat m., 8b.
2d mortgage, 8s
Rich. A Dan.— lat ocnaol-,<

Southw, Ga.— Conv
Stock

.

I

»

'

N.Y'.LakeB.AW.Inc

I

And accrued intereat.

1899

2d pref. debentures
3d
do
4th
do

um

.

.

7.

MobileAO.— 1st pref. deben

119)S
do
113
Island— 1st mortgage, 111
" U3'4 Longdo
Den. Div. 68 ass. cp.ctf.
80
85
2d mortgage.
do
1st consol. 6s 102
TJ
74
Midlandof N. J.— 1st, new.
Pacific ilR. of Mo.— ist m,
10
11
Income, "A"
2d mortgage
5
7
do
"B"
885*1
St.L. A S.K.,2d 6s.clas8 A
50
N.Y.AGreenw. L.— 1st, s,n. 45
845J
3-Cs, class C
do
13
17
2d
do
do
S-«s. class D.
85
88
St. Joseph A Pacific- 1st m
do IstOs.PeirccCAO
36
40
'2d mortgage
do Equipm't 7s, '95
15
18
St. Jo. A Western stock
South Pac cf Mo.— 1st 111. lOSk
St.L.VandallaAT.H.-lstm 108' 122
Texas A Pac.-lst, 6s, 1905. 104
2d mortgage, guar.
98
Consol. 69. 1905
South Slae(L.l.)— 1st mort 103 ids'"
Income and land gr't. reg.
106
110
Union A Logansport- 73
Ist Rio Gr, Dlv.. 8s, 1930.
Pennsylvania KR
135
Sontliern Securities
Pltts.Ft.W.A Chic, Ist m.
do
2d m.. 120
{Jlrokere' t^uotations.)
do
do
do
3d m.. 122
STATES.
127k
Cleve. A Pitts., consol., s.f.
So.Carolina—
Con., 6s (good) 100
104
118
do
4th mort...
Brown cons
110
101
109
Col. Chlo. A I. C, 1st con..
Texas-Os,
1892
M
A
S.
no
+
106
75
8d con..
do
7s, gold, 189-2-1910 .J.A J + 114
116
do IstTr'tCo.ctfs-ass ;io3}i 105
79, gold, l'J04
J.A J. + 115 118
do
ass.
do 2d
Virginia—
New
10-409....
50
104«
lOiH
snppl.
1st
do
do
rast-thtc Couj)ons.—
St.L. Va. AT.H., 1 St g.79,'97 120
TenneBBsee State coupons.
20
2d 7s, 1898
do
80. Carolina consol., valid.
loe
1U8
do
2d gtd.7s, 'OS
Virginia coupons
20
15
Rome Wat. A Og.— Con. Ist. 75«
coiiBol. coupona..
do
91)
90
St.li.AIron Mount 'n— Istm 117^5
105>t 106
2d mortgage
RAILROADS.
108
107
Arkan9a9 Br., Ist mort
Cairo A Fulton, 1st mort. UIH lllW Ala.AChat.- Rec'rs ctf s.var
tl07
111
Atlantic A Gulf— Consol.
Cairo Ark. A T.. 1st mort. 105« 108
Cent. Georgia— Cons, m., 7s 115k 117
St. L. Alton A T. IL— Ist m. ;112
108
109
Stock
2d mortgage, pref
OS
110
income
Charl'te Col.A A.—Cons., 78 109
do
118
100«
Belleville A So. 111.. 1st m.
2d mortgage, 7s
42
112
43
St. P. M. A .Manlt'a— Ist, 78,
88
101
102
East Tenn. A Georgia—69,
ad mort., 6s, 1908
E.Tenn.A Va.—68.end.Tenn !00 103
ToLPeo.AW.lis
Pur. Com. rec'pts, Ist.E.D 143
E. Tenn. Va. A Ga.— Ist, 78. 115
70
143
78
Ist mortgage, W. D
Stock
105
107
Burlington Div
Georgia RB.— 7s
106
iBt pref. inc. for 2d mort.
115
lis"
Istpref Inc. for consol
stock
95
Wab.St.L.AP.,gen.,09l920.
Greenville A Col.— "s, Istm. 104
104
Wab. RR.-M0rtg.79 of '78. ;100)t
7s, guar
100
111
.... Macon A Aug.— 2d, endors
T.AWab., Ist ext.7B
110
1st St. L. div.7s,ex mat.cp, 108k' 11 Ok MeinphlsA Cha'ston- l8t,78 104
102
108
2d. 7s
2d mortgage ext.. ex coup 107 il08
4:
43
Equipment bonds, 7s, 18^
....i 40
Stock
108 1109
106
Mississippi Cent.— Istm. 78 102
Consol. conv., 78
110
112
2d mort., 8s
Gt. Western, ist m., ex cp ; .. I114
Miss. A Tenn.— 1st m., Ss, A 130
do 2d m..7s.'93.ex cp 107)^ il 1)8
114'
+110
....il08
1st mortgage, 8s, B
Q. A Tol.j 1st, 79, '90,ex cp,
112
115
111. A So. la.. 1 St m .7s, ex cp :102
N. O. A Jacks.— Ist m., Sa.
116
Certificate, 2d mort., 8s... 112
Hannibal A Naples. 1st Ts ;102
103
St.L. K.C A N.R. E.A R.,7s i.... 112k Norfolk A Petersb.— Ist, 8s. 11-3
103
115
121
Omaha Div., 1st mort.,
1st mortgage, 7s
no
85
87
Clarinda.b..es, 1919....
2d mortgage, 8s

cons, coup., 2d. 123
cons. reg.. 2d
123
Louisv.A Nash. Cons.m.,78 120
2d mort., 7s, gold
105
i05>i;
t89«
JIOJ
Ceclllan Branch, 78
103
N.O. A Mob., Ist 6s. 1030.
104 ii
St.Chas.B'dgo.lst, 7s, 1908
E. H. A Nash., 1st 6s, 1919 S9SJ4
North Missouri. 1st m., 7s
113' iisx
162" West. Un. Tol.— liWO, coup.
Gen. mort 6s, 1930
Nashv. A Decatur, Ist, 7s. J115«
1800, registered
111)4 112« L. Erie A West.-l st 6s, 1919 107K
Spring.V'y W.Work9— 1st 08
112 Ills
Laf Bl AMun.— 1st 69. 1918 105
Oregon R. A Nav.— 1st, Os
97"
'80
Manhattan Beach Co. 7s.
INCO.ME BONDS.
10354 104}^, N.Y. A Man. Beach lst7s,'97 iUifl
Central of N. J.-I80S ...
122-t| ....; Marietta A Cln.-lst mort
117
... ChlcSt,L.AN.O.-ad m. 1807
l'a2
1124
l8t mort., sterling
-.. Col.Chic.Alnd.C..inc.7s.l880
l.-W
138
MetropoUt'n Kiev— Ist.lOOg 104^,103
Cent. Iowa coup, debt certs.
laax l;6
do
2d 69. lR»a.
t92H ....' est. P.A"'. T..f;r..ln.«9.'98
128'

1919..

I

jicio

Det.Mon.A T.. Ist, 7s.'1906
Lake Shore Div. bonds
cons, coup., 1st ISO!do
do
cons, reg., Ist.. 127

107

grants, 7s

W'n— Inc.,

.

lis

2dC., Main lino, 8s
2d Waco AN., 8s

Railroad Bonds.

105MI

no"

108*(!ll0

.

iaa

....

105

do 1st, eon., f. cp.,7s
do 2d.con.,f.cp..o8.6a
Gal. Har'g A S.Anfo. Ist 6s,
Ist La Grange Kx .63,1910
2d mortgage, "s. 1905.
Han. A St. Jos.— 89, conv
Uous.A Tex. C— l9t, m. l.,7s
l9tmort.. West. I)iv., 7s..

33 St

ii.w

1 ,"i',':
llCJi lllW

N.Y.L.B.AVV.,n.2d,c<m.,6s

28k
5

)1»1!«.:

\'U

iVil

Sdmortgage. 79, 1883... .
4th mort. Ext., Ss. 1920..
.

State Aid bonds
grant bonds
Western Pacific bonds..
South Pac. of Cal.— let m.
Union Pacific- 1st mort..

I

115"
w^^i

59. 1919.

Long Dock bonds
Buff. N.Y.A B, Ist

.

Vtaicksilver

..

lii'/L

.

.

N. y AStraitsv illeCoal A Iron
N.Y. A Texas Land, limited
Ontario Sliver Mining
Oregon Railway A Nav. Co.
Pennsylvania Coal...
Pullman Palace Car.

Y., 1st, 7s

Albany A Susqueh., Ist m
2d mort
do
1st con., guar
do
Rens.A Saratoga, Ist.conp
1st. reg.
do
Denv.A R. Grande— l8t,1900
1st cons. 7s. 1910
do
Den. 8. P. A Pac.lst 7h,1905
Erie— Ist mort.. extended.

38

104*( 105

I.,and

..,

lOIJj;

*

8W

.

AN.

"""
IMl*
coup. '^°
78,,191"
Ist Pa. dlv., coup.,
reg., '78. 1817
do

829
S8

Mariposa L'd A Mining Co..
do
do pref.
Maryland Coal
Montauk Gas Coal

vh.

fill

1035s' 103
... 1102

j'eoria Dec. A E'ville. lat 6»
Evansv. div.,lst 68, 1920.
Pacific RailroadsCentral Pacific— Gold bds.
San Jiiiiquln Branch
Cal. A Oregon, 1st

...

lO-Ji

131H 187
Morris A Essex, 1st m
116)^ 118
2d mort.
do
bonds, 1900
do
construct'n
do
78 of 1871 t;is"
do
12'.i
do
Ist con., g'd
Del.AlIud.Canal-lstm.,'84 !10-« ICS'4
....
111J«
1st mortgage, 1801
extended
do
Coup., 7s, '94 \i*W
do
Reg. 7s, '94.
do

!f«

M ining

LaPlata Mining

126

10H><i

convertible
7s, 1007

Mortgage

Cumberl'd A Klk Lick Coal.
Deadwood Mining

Chicago

Leh.

.

Ohio Cent.. 1st m.. Os. 1920
do ;st Ter'l Tr.,6a,1920

105

N.Wisc. Ist M., Bs., 1930.
P.A Sioux Cist 6s.l91li
Del. Lack. A W.- '.id mort
St.

—

Homestake Mining

.

Ch.8t.P.AMin.,lst6-.191b

Iron...

Leadvllle Mining
Little Pittsburg Mining

125

;i08

.

;••
1st con. 7s
C. St. P. Minn. A O'aCons.Os

Ogd...

American Coal
American Union Telegraph
Boston Land Company..
Boston Water Power
Canton Co.. Baltimore...

m.

':

Paul A Duluth
pref.
do
do
Paul Minn. A Man
-7*i
Stonington
Indianapolis
Terre Haute A
Texas A Pacitic
i43
United S. J. KR. A Canal
MLscellaneons St'ks.
Adams Express
118
119
American Express
63
65
United States Express.
52
Wells, Fargo A Co
112
118

do

1909

.

t..

1st

.

8t.

Bxcelslor

68.

Kaat'n Ill..Inc..l907.

Ind'sBl.A

Ind's Dec. A Sp'd. '2d Inc..
Int. & Gt. Northern— 2d Inc

Mo.K. A T.— Cons.as8..1804-6 iiiT« iia

182!^

ni9
2d m
do
C. C. A Ind'8— Ist, 78, s. f
118
Consol. mortgage
,'110
C. St.L. A N. O.- Ten. lien 7s

St.

Cumberland Coal A

laaW iMji

.

AMU., 1st
Winona A St. P.,

Chic.

8S5H

Saratoga

Rome Watertown A

ChicA

127
llO

123
75?«! 75Si
ad mortgage, inc., 181 1
H. A Cent. Mo.. Ist., 1890. 1 8,^!; 110
Con. sinking fund, 1805... 124
1104
Mobile A Ohio— New m., 69. 104J^jUi6
8d mortgage, 1884
.... U&Ji
Nash. Chat. A St. L.— Ist 7s
1st m.. 7s, I.A D.Kxt.,190S van 124
107>jl ...
•MiW, ....
N. Y. Central—68, 1883.
S.-west dlv., 1st 6s, 190998
112
9SH
68,1887
lst5s, LaC. A Dav., 1919.
JI04
108M
68, real estate
1st So. Minn. dlv. 6s, 1910. 108
U8
..
lot
68, subscription
\M. m.. H. Al>.. 78. 1910. ..
108« ..
N.Y.C. AHud., 1st m.,cp 136«ll37
Chic. A Pac. dlv.,6s,1910.
...
112
do
Istm., reg 1M^\ ..
Chic. ANorthw.— Sink. f'd.
104k 105W
Huds. R., 7s, 2d m.", s.f .,'86 109.
Int. bonds
:33
133J<
Canada South., Ist, Int. g 1U2h! ....
Consol. bonds
....ilia
132
135
Harlem, Ist m., 7s. coup.
Extension bonds
in 112
132
::<5
do
Ist m.. 7s, reg...
1st mortgage
li!8
.... 117
-V. Y. Slevated-lst, 78.1906
Coupon gold bonds
130
N.Y.Pa.&0.,prior lien 8s,'95 100« .....
Registered gold bonds
..
1U9-K 110
Nevada Central— 1st m.6s. IUOV4
Sinking fund
registered..
Ohio A Miss.— Consol. s. f'd naWiio^
do
130
118>4
....
Consolidated
Iowa Midland, 1st m., 88.
104
....
Vi-lii\
2d consolidated
Galena A Chicago, exten
185
l8t m., Springfield div
Peninsula, 1st ra.,conv..

1,

Rensselaer

s. f.

.

i

&

7s. 1902|

Equipment bonds

—

Metropolitan Elevated
llOH 113
N.Y. Elevated
llHVs 121
N. Y. New Tlaven & Uartf 1173
West.,pref
Ontario
&
T.
N.
SSO
Peoria Decatnr & Evansv.
S25K
Pitts. Ft. W. & Chic, guar.
spec
do
do
Pitts. Titusville

l8t mort., 88, 1882,

....

124

122!.4

.

Ind Bloom. *We8tern....
S41«
Intern'l & Gt. Northern.
150
Keokuk & Des Moines
512X
uref. !X43
do
do

Memphis &

122K

.

125
75

Harlem

Long Island

Mich. Cent.—Con8.,

Ch..Mil.A St.P.— Continued.
Ist m., 7s. t e'ld,R.n.,190'.i
Istm., LaC. Dlv., 1893....
latm., I. A M-, 1897
istm., 1. Al>., 1898
lstm..C. AM., 1903

.Railroad Stocks.
lAcUoe nrerioiMi!/

8

C— l9t m.. 78...

No q aotaUon to-di}

;

lateet aale

lis

106

idf

iiV

105
105

110

9
90
40

100

114

n«
103

IIX
44
116
lie
106

thu week

..

.

Dbcbkbbr

I

,

.

Bank
Capit*l.

dates.;

Period 1878. 187».

Si:''..

UK)

Chase
Chatham.
Chemical

I.B24,4'XI
l()«,500

250,000

800,000
100 2,000,000
100

ClUzena'
City

Commerce
ContlBenial....
Corn Exch'ire*
."CastKlver ...

lUh Ward'....
Fifth
;;
Fifth Avenae'.
First
;

...

Ballalin

German A"i.*
German Eich.Germania*
Greenwich*.

.

Hanover
Imp.A Traders'

H6,0.)0

300 200
78 .1)00

300,00('

2!>
450,000
1H4.1W0
100
300,000 1.427 i^OO
la OWUHXJ
i;4.aoo
100 l,00l».000 1.5i'5,()*iu
100 ^.000,000 .2,S38.W0
:oo 1,0*0,000
281.100
I(K) 1.000,000
8°4.1O0
26 250,000
(SS.HOO
S!6
100,000
i4,;i)o
100
150,000
45,100
100
100,000 28J.30O
100
500.000 2 222.300
100 3,:i00,00o 1.011, UOO
30 «00,OUO 887.200
50 1,000,000 73»,7JU
7.^
750,001
77 BOO
too
800,000
7.'.60J
lOCJ
200,000
7».oao
2.'
200,000
%!20u
100 1.000,000
27H.*:C

10(1

IrvlDK
Island City...

1,500,00'

50
lOfl

Manhattan*
Marine
Market

ino
100

l.M«,SOO

J.AJ.

8
«

M.AN

AJ
A J.
AJ
J.AJ
I.

11

1.

10

M.AN
I. A J.

Republic

ino:i,5oo,oo(

Second
""
100
Bhoe A Leather 100

J.AJ.
F.AA.
I.
I.
'.

H

1.

A

(liwij'no

7

1(K;,3C0

14

14

July

8
8

8
'8

July, '80. 4
Ju y '80. 8
July, 80. 8

11

S
"7

8

Union
West Side'...,

10

A

A

J

ISl

100

[lOi

•80. 3
'80. S!«
'80. 4
Nov., '80, 2>,
luly, '80. 4
July, "SO.
July, '80. 3

3U

HI
IW

130

3^

'80. 4
'SO. 3i<

and

Cltlzens'Oas Co rBkIrn)
do
bouds...
„
.

do

bonds

People's (Brooklyn)

3

Feb.

5
5

Oct..

8t.

Aug,,

„.

1,000,000

M.AS
Quar.

.

F.AA.

1,000.000
1,000,000

Var

10
1,000

1,000,000
37,«,000

125,000 .M.AN.
50
46«,00» F.A A.
50 1,000,000 Quar.
1,000,000 A. A 0.

frar.

[Qoototlons

M.AN.

100 1,000,000
100 3,000,000

.

"H

in
105

yn

I

17.-.

I

1882

10)

8
3

'80
Nov., •so
Nov., '80
Jan.. '78

1807
lUOO

Ju y,
IH July.

•2*4

I

15
\n
30

1

102

1

75
55

104
52s^
100
100

33

I

lis

'80
'80

IMO

8

4,S

8.^

I

60

67«

101
July, '80 81
Sept., '80 155
isss
105

llOj"
85
I

1«0

i

AS
145

l«0

Kepnbllc

'nlf

ttutaers*
3t. Nicholas....

Ja y fta 10
•»
Po

ia&

An/

.

I

800,000 J.
6u4,OOU|J.
'2,100,0(10

no
1

71

Broirtway.l

I

1,000
100

1.^ mortgage, consolidated
500* c
Eighth Avenue— Stoijk
100
let mortgage
1,000
4»d St. 4 Grand St. Ferry— St'k
100
lat mortgage
1,000

Central Cross
Ist

Town— Stock

mortgage

Hcpust.We.st Bt,A PttV.F^y— St'k
1st mortgage
Second Avenue— Stock
Sd mortgage

100
1,000

1,000
1.000

OOAc.

1st

Avenue— Stock
mortgage

Avenue—#tock

2}«'

900,000
1,000,000
203,0(K1

7

SH
7

3
2
7

Q-J.
J

.

A

D.

7

l^.A A.

IS

H8

Oct.. 'PO 115
iJnlT. '84 10;(J<

Nov.
"
Nov.

'An
^nrt
'80 1H5
'81

Oct..

'.SO

Oct.

'SO
I

,50.000

1,050.000

200.000

I.AJ.

Q-F

J.4D.
Q-J.
J.AJ.

ttotla,

I

22
102

i>a

103W
11711
170

,

Au.. «,

l!5
i«a

'

g

S

nly. •80.10

Incladlne re-Insurance, eapltal and sertn.
t Snrpiui Includes acrlp.
MInai sign (— > Inalcate* Impairment.
all

llablllilea.

Cttr SecnrlUea.
DAinu, A. UocAir, Broker, IT PIni

IQaotatlons by

Straet.I

lirrnaaaT.

Fori;
Water siooit
1841-48.
Croion waterstock..IiU5-Sl.
do
do
..ISsa-W.
Oroton Aqued^ctstock.lSW
pipes and mains...
do
reservoir bonds
10
Central paik bonds.. lisa-n.
do
no
..189S-4S,
Dock bonds
1810.
do
I;».
Marketstock
Ig«5-«.
ivemeot
atock
IM*
Impr
1.0
....18i».
do
var
ConsolUated bonds

Paioa.

Bands

MoDtba Payable.

Bate.

die.

Atk.

Bid.

V,te

do

do

New

5
S

Feb..

Consoll'latel

May Aa*.* Not
do
do
do

ISM

do
do
do
May A November,
Feb.,May, AocA Nor.
do
to
do
do
May A November.

MayA'NoTlnl^ar.
do
do
do
do
do
do
do
do
do
do

var,
var.

January
do

Consolidated
Westchester County

* July,
do

M2

100
109

1800
1883-1800 104
I8M-1SII IOB
18N4-180O II*
lOOT-IOII II*

IS
IV
l»>
ia»

18M
1805
ISOl

i?S

in

i;:
ii»

ISM 113
I8»«-I8a7 >«7
188*
107
115
IMI
Itt
I8NI
107
l)*ti
ion
ISB8
18»4
\^

i«
IM
U*
l»
IS
IW
ll»
vn M»
10a
vm

mw

Qua^t'rly,

...v

May A November.

Aasos meat

18M

110
jl50

[Qucatlona by N. T. Baaaa.Jr., Broker,

100

;102t^|l03
Nov.. '80 liO
100
Oct., 'S0108
111
Dec. 1802, no
113

Oct. '80 185
Jan., '81 100
KOV., '80 170
1

no

Sov.iliOJ 103
lOiii

no
IM

vo

VS

lily,

"W

,

1>5 1011

Oct., '80 105

7

113
18U

33

.luly, '80

Sept.

ArooAiffn— Local iiu n'eu't

7
7

City bonda

do
p. rk bonda

!02l<

Jainary

do
do
do
do
do
do

7
7

17.1

18C
115

m Apr
7

no

so

so
7

8T

no

Apr., 1)3

m!an.
A.&O.
M.AS.
M.AS.
M.AN

102
140
05

m

July. -80. S
JulT. ta. A

1

New

8(.l

1888

Aug,. '801 75
1SD8
,100
Nov., 'sojieo
June, 113,110

748,000 M.AN.
238,000 .\.A0.
800,000
200,00(

y. 'rO

-ao.

:

100
7.'>«.000
10
1,000
500,000 I.AJ. 7
100 8,000,000 (J— F. 6
•
1,000 2,000,000 J.AJ•
7
10«
800,000 F.AA. 4
1.000
£50.000 .M.A N

mortgage
Twenty-third Street—Stock. ..
. l.it mortgage.
TUa column showa last dividend un
^
li»t

AD

Q— J..

Ju

IJ'IV.IDOO

.

Extension
Sixth

250,000
1,200.00(1

»<

7

100
250,00(M
500
5(Kl,OO0ft *.T.
100 l,l««,5O0 J AJ

Consol. convertible

Tliird

J.

AJ

500,000 I,
2,000,000 Q-F,
300,000 M.AN
200,000 Q-J.
400,000 A.AO
300.000 J.AJ
500,000 J A J.

Central Pk. N. 4 E. Hlv.-Stockl
100 1,800.000
Consolidated mort. bonds
1,000 1,200,000
Christopher A Tenth St.— Stock! 100
6.".0,0(

Bonds
Dry Dock E.B.A Battery— Stock

A

•m»ti

,

lay. so 5

Tradesmen's...,

Street imp. stock

BleeckerSt.AFult.Ferry— St'k
100
lstmort«age
1,000
Broadway A Seventh Av.-St'k
100
IstmortgaKe
1,000
Brooklyn City— Stock
10
Ist mortKage
1,000
Broadway (Brooklyn)— Stock
100
Brooklyn A Hunter's Pt.— St'k
100
1 St mortgage bonds
1,000
Bushwlck Av. (B^klyn)— Stock.
100

i»

July. so. 6

Stuyvesant

Over

n

•

Hi.

m
70

3U

"HO.

uiy.

Star
SterllnK

1180
1135
;i04
"1

I

214 Feb.

AN. »

Qhamt. Broker.

IM

s
a

.

62

Aug,, -80 130
•wo 100

iob fi.soo.oooi
L.

»

Wllllamah'rC.

!00

18lttj

no
no
iia
•0

i»i.

iVestchester. .

Bid. Ask.

7
»). 4
'MO.

'diy. -80.
'iiy. '80.

United dtates..

m< Oct. 80 88

5

750.000 M.

byH.

•'"I

Standard

Nov., '80 108
Auk., '80 fy

.

;o
158

'd'y. '80.10
y. '80. «
'u y. '0. 8

Peter Cooper.
People's

'7S 07>i' 70
"*< July, '80 150 1180

M.AN. «Mi
M.AN. 4
(.A J. ss
M,»N. 7

700,000

100 4,000,000

,

^ew York

WUllamaburir
do
bonds
Metropoll tan, Brooklyn.
.
Municipal
do
bonis
Fulton Mnrlclpal

315,00(1

100 5,000,000

Va

.i

Bond!
Bonds
Central ot

7

25
scrip..

New York

4.AO.

50 1,850.000 iT.AA.
20
750,000 I. A J.
50 4,000,000 I.AJ.
100 2,500,000 MAS.
1,000

Nassau, Brooklyn

do

5

Oct

J"

*

Date.

3

Var.
Var.

so
Jniy. »>. !r«

Park

4i

1, 200,00c

Jersey City A Hoboken.
Manhattan
lAetropoUtan
do
certiQcates..
Mutual, N. Y

ii»

7

1,C00

Barlem

105

7H

Amount. Period

lau

•(«,

J.AJ,

25 2,000,000

i»

J"v,

J.

]

tas

na

An/.,

Uellef

1

Brooklyn Gas Light Co....

|« y. '"0.
Joly. 80,
iu:y. -MO.

•^la.^ara
North lilver..

Phenix

rcas (JuotaUona by George H. Prentiss. Broker. i» Broad
street.

Gas Cokpasikb.

m

1(0
113
153

iir>

3

and Bond*.

UA

7
-

•»,,

New York Fire
1. H*. A Boston
Sew York City

3W

City Railroad Stocks

w.

y.

'o y.

it»

5
a

150

Nov.

8

M

7»

-80

July, 'SO

12

M

117

Jay.

7

8

'"7. '8".
•!"iy. -BO.

Jn

8

10

loa

•'« y. '»u,

M

"80.
Ju y, '80. S(i
Jan., '81.
110
Nov.. '80. 5
118
July, '80. 8

[".r. «). 5
•!!>. *). 5
J.a.y. «».

.Mercantile..

8
7
3

la.y. '80. 4

IBO

Uech'lC8'(BKu>

10

M.S.N,

l!0

'»<r. ""o.io
ai.. TV. t

Jaiy, »«. 4
Jniy. -Kt. n

Pattinc

July. '81. 3
July, '8>. 5

It*

(If. to 5

t

Manul.A Build.
Manhattan
Mecl.ATrad'rs

.Vatlonal.....
N.Y. Kqalta>ile

'" "''* column are of date Oct. 1,. 1880, for the National
«„'h'^','V*.?^''S*
-laiioiiai h
inks
o.inks
and
of date September -.8, 1880, for the State banks.

Gait

Lenox

.

Juy,

'74.

,

Lonslsl. Bkn,
Lorlnard

Sh

a

4
M.r..>o 5

Knickerliocker
LalayettetBkoi
Lamar.,

i»

144

HO 5

•July. 1W.
i» r. '»o.

Merchants'
Monuuk (Bkn)
Nassau (Uklyn.

V, '80. 3)1

July.
July,

July,
Aug.,

A J,
783,4'X)Im.AN,
I17.7o0 J. A J.
27»5O0

1

Sit

J-Jly, 'SO. 4
Ju y. '80, 4

J« Ju
8

131
100

xUt

m
m

5

;aD.. -79.

Jul*.
T..

*
lelTersnn
Rings C,>.(B<n)

3

5
3
Nov,,'™. 8

8
8

'uiy. '80
,--,.

Irving

8U

Tuly.'^O
July, '80.
July, '50.
July, '"O.
July, '8).

U
12
5

Ho.i.*

Jaty. *). 5

Howard

7«

S

MM

Importera'A

Ui

Tu^ltB

Hanover
Uoftean

German- Amer.
Germania

Home

3

'80.

Olo«

xo.

r.

I"

Globe
Greenwich^
Guardian

'70. 2ti lu2)i
.May. '7». 3
lOl

AM..***.

Jaly. >o. 5 ,IM
Jjly, ••). H l||o
J"'!. •N» 5 ,!.•>•
so 5 1147
•i" y.
July, •«« » itiM
Jniy. ••O 7w
iaiy, no. s
do
!"'' W. 5
lao
July. tio. &
lie

Ilainllten

Nov..
Juiy,

3
"

Firemen's
Firemen's Tr.. .FraokllnAKmr. 100

I

.luly. '80. 4

am

"7

8)
110

Aui,', '80. 3>i
y, 'rW. 3>^
July. -80. 4

8
4

6«

3
3

,.lu

7X

"e

Farrairnt

u y,

7

8
X

Kxoiiaaae

\U^>-ijll'

•«i»

]*'r. 11. (
July. an. 4
Jaly. •*).»« IM
_
Oef.. -fc). ;ii»IO
Jair. ^. aij <•

...

ContlneaUI.. t
Kagle
BmplreOltr....

S

Nor,

Jair. ••0.10
Aa«., 'no, 5
a'y. •»o. I

Columbia
Commarclal

3
3

8
7

;;>, i«oi»

...1

Olty
Clinton

ISO

au

'80.
"80.
'80.

Juy,
J.
J,
J.

J.A

30,000 J.
2-f7,;00

170.800

A

5

3
8
7

f.a'a!

53,800 J.
108 000 J.

'HO.
'80.
'76.

'DO.

¥ Nov,
Mav,

>. A J.
J.AJ

m^

Oct., '80 S
Jul J, "80. 8J<
Nov., '-O. »if
uct.. -80. 4
AU(., 80. 8U

J.

m'.an'

138300

600,000
200,000
800,000
100 1,;^00.000
40 1,000,000
50 1,200,000
100 200,000'

Au«.

'80.

in

10
_. .

*«..

CItiaana'

4

*iiO.

Joly
July,

May.

!)()0,00(i

300,001?

July,
July.

Ja

Brooklyn

a

w.

'•ly
Joly.

llowery
[Iruaiway

.'1

'80.15
1TJ4
July, •«). Sit
Nov. 8J. 6

July,

M.AN.

"80..

;ho.
'80.

^ov.

10

.\.A O.
F.A A,

UetriM.

y, '80.
I

8
10

io

A J,
AJ
A J.

Ju

ii-j'.'

C00,000

100
100

Third
Tradesmen's.

DnrivBra*.

American
American £icti

,

July.
Sept.
Juiy,

BowM

Aak.

.

7

H

Llat.

K. B. Bailbt. BroAar. J I1a«

Nov.

«

10

1

8t. Nicholas...' lOOl
1001

Bid.

July, '80.
July. '80.

8
«
too

A
«l-mMy 100
J.AJ
a

4,100 J.AJ
44»,500 J. A J.

•100.000

«

,j."A'.i

50 i,o5n,ooo :.024.I,X) F.AA
l:)0,000
1^4.400 I, A J,
500,000
2f3 «oo I.&.I.
Mechanics'
25 2.000,000 l,0;iO 300 J.AJ.
Mech. Assoc'n 50 500,000
83.;ou M.AN.
Mech'lcs A Tr. 25 200,000
42.J00
Mercantile
100 1,000,000 206.901 M.AN,
Merchants'. ..
50 2.000,000 709,3(10 J.AJ
Merchants' Ex
,W 1.000.000
177,200 J.AJ
Metropolis".
UHll aoo.ooo
02,300 I. A J,
Metropolllai
100 3.000.000 1,07(<,U;jO I. A .1
Murray UlU'. 1001 100,000
7B.OC0 J. A J.
"
Nassau*
100 1 ,000,000
73,7l
VI. AN
NewYori. ...
2,000,000
747,7l
I. A J
N.r. County.
200,000
40,400 I. A J
N.r iS. Exch,
300,000
^4,200 F.AA.
Ninth
750,000
182,4uo J.AJ.
No. America".,
700,000 l.'iS.OoO I. A J.
North Klver*.
240,000
06.300 J.AJ.
Oriental*
300,000
175.700 I. A J.
PaclUc"
422,700 228,500 Q-F.
Fafk
100 2,000,000 ewr.uoo J.AJ
People's*
25 412,500 122.U00.I.AJ.
Phentx
20:1.000,000
£08,000 J. A J.
Produce*....
5<)l
l25,O,0

Seventh Ward.

(QMUUaaa by

July,

10
1«

7

.

T

SKUUKITIKS.

PeioB.

Last Paid.

7^

.1.

U2M)0 J.AJ.

500,00)
100,000

r,(>

Leather Manuf.

Sixth
State of N.

649

CoarAaiia.
!,S7».70O

1,000,000 1,«62.50()

Dr.

Central

Fourth
Fulton

PiTfomna.

BorplDS

America'
lOu .i.ooo.ooo
Am. Exchange. iwi 5,000,000

«

atoek Llat.

at latest

Mark'd tboa ()

M

«

(••raae* «t*«k

COHPAHISa.

Bowery
Broadway
Butchem'A

—

THE CHRONICLK.

18, 1880. J

NEW YORK LOGAL

are not

—

..

7

«
S
7
A

Water loan
Klnga Co. bonds

9

S

Brldci-

AIIBruoklyn bonds

A

i

Jaly,

lo
Io
do

do
do
do
May * November.
do
<o
JaooaryAJnly.
do
do

ism-iooK loj
*S81->'Mi"*
ia8o-i>«^ii«
IStW-l'tOUM
I1IS4

,11s

1907-1810

Hat.

[Quotations by C. ZAausKta,

1

l8))n-lf«)3!lOIIVIM
lho8-l>Jl 107
I1B
:»I5-I024 i:ie
Its
ia0O-IW4 1X2 !.!•
(MM 1011' 30

I

IM
)*

ll»
III

IM
IW

Itl

1

4;

Montgomery

St..

Jersey City.)

106

'S.'itlOl

Oct., '60 ISO
Juiy.'violllo
.NOV. .'80 170

IB

July.

ib'^tj

105
Aug., 'SO 120
'90|

JtTKy CUy—
Watei loan tone
,

13i>

May. -BS IC5 112
but the OMe of maturity of bmdi.

18W-71
to
Imrrovement bonda

Benen bonda

JaanaiT
January

A Jnly.
A Jniy.

J.AJ. and J A

D.

Janaarr and J nly.

Ha
ua»-ua(

UN-M
IMW

<

.

:

:

THE

650

(^HKOJSICLE.
The

InxitstmtnXs
The

follows
Third rail
Foreqnipmfni, consisting of—
:

AND COBPOBATION FINANCES^

IsvBSTORs' SupPLEMEirr contain) a complete exhUnl

of the

Funded Debt of States and CUiet and of thi Stocks and Bonds
of RaUroads and other Cnnpanies. It U piMished on the Inst
Saturday of every other mo'itf. viz., February, ApHl, J-me.
August, October nnd D-cember, and is furnished with'mt extra

—

Single copies

eharg' to all regular subscribers of ths Cheoniclb.
are sold at f 2 per copy.

REPORTS.

ANlsraAl.

—

following are statistics of
years past

traffic

and earnings for four

1877-8.

526
431

Miles owut'd
Miles iB'd & contr'd..

402

957
928
OPEBATIONS AND KISOAL KESULTS.

Faruinps—

$

Passenger
Freight

Total gross earn'ge 14,703,890
Operating expenses

—

Manitenance of way

0-973

cts.

3,070,121
11.914.480

928

1,009

0-780

0-836

cts,

$

Cts.

.$

660,377

3.118,944
12,233,481
589.598

3,682,951
14,391.115
619,042

15,644,978

15,942,023

18,693,108

2,064,992
3,788,316
4,364,379

Total
10,899,840
Net earnings
3,809,0.50
74-10
P. e. op. exp. to earu's

10,635,863
5,009,115
67-98

Miscellaueoiis

529
480

1224764438 1569222417 1721112093

2,295,529
1,981.039
5,616,843
1.006,409

MHiut'nceofeQuipm't
Trimsp'tion expenses

529
399

1877-8.
1878-9.
1879-80.
4,896,327
4,894.527
5,491,431
140,326,749 149,115,718 180.460,204
2-189 cts.
2-091 cts.
2011 cts.
6,150,468
8,212,641
8,715,892

$

3,2-20,090

10,647,807
M»il,e.-5pr's,rent8,&0.
840,993

1879-80.

1879-9.

Total operated...

1876-7.
Operations—
Passengers carried..
4,887,238
Pilsseuger mileage.. 170,888,380
Rate J), piiss. p. mile
Freight (tiis) moved
6,182,451
Fr'glit (tus) mileage. 1114586220
Av. ratep. t'np.mile

417,970

Twocarnoats

$25,880

Thirty -eight locomotives
.Secoad track

313,500—
,

Improvements at Buffalo, conalstiag of engine-house, machine
shops and freight-house
Grain elevator at Buffalo

."'

Kngine-ljou.se at ISergeu

Ship basin and docks, Jersey City
Miscellaneous

'..'.

2.159,931
3,998,298
4,623,863
393,607

1,938.715
4,152,277
5,109,980
442,953

11,174,697
4,767,324

11,643,925
7,049,183

7009

6229

The report

says, of the old Erie stock and the assessments, that
there are still outstanding 9,162 shares of common and 3,801%
shares of preferred stock of the Erie Railway Company, the
holders of which have failed to pay the assessment provided
for in the plan of reorganization.
Two suits are now pending against this company which have
been instituted by the holders of some of this outstanding
stock, to compel the company to issue its stock therefore in
exchange, notwithstanding the failure of such holders to com-

ply with the plan of reorganization within the time therein
prescribed. The board have no means of forming any opinion
as to what the result of such suits may be.
ASSESSMEHT FUND.

The assessments paid upon the stock of the Erie Railway
Company, as finally reported by the reconstruction trustees,
have been as

follows, viz.
Preferred stock, at $3 00 per share -23,372 14 shares....
Common stock, at $6 00 per share— 72,982 shares
Preferred stock, at $2 00 per share—58,195 shares...
Commou stock, at $4 00 per share—697,856 shares ...

llfi

437'89''
'

116390

'

2 79l'4?4

'

on assessments, intei-»st and profits
stei'ling exchange, etc., up to September

for interest

1379.
$15,942,022
11,174,698

1880.
$18,693,108
11,643,925

Net earnings
$4,767,323
Pavouia ferries— earnings
237,357
Pavonia Horse Railroad- earnings
20,745
N. Y. Lake E. & W. bag'ge exprs. -eam'gs
57.730
Weehawken docks —earnings
73,944
Grand Op. House and 23d St. prop's— rents .,,
Unclaimed baggage and freight— receipts
2,570
Brooklyn Annex— earnings
2,488
N. Y. L. K. * W. Elevator, Buffalo—earng's

$7,049,183
265,651
23,768
70,051
51,559
34,226
1,956
18,367
78,453
2,096
237,417

Blake's Docks, Biiff.ilo
Interest on securities
Sterling exchange

—earnings

2n i'5,0??''"®'''*'
'^'''^S^"

Total Credits.

$3 793

^^^
•

amount paid from the assessment fund

^^^S,8nO,

:!0,

3,996

$5,180,636

$7,833,140

$314,757
20,892

$216,318
21,118
10,237
61,455
9,217
25 987
4,794
36,274
58,343
4.790

IHhitt,

Pavonia ferric.^ — cxiienses
Pavonia Horse Railroad expenses
Pavonia Uorso Railioad— interest on bonds
N.A'. LakoE. & W. bag'ge expr's-expeuses
Weehawken docks —expenses
Grand Op. House & 23d St. prop's—exims.
Unciiiimed baggage and freight— expenses
Brookij n Annex— expenses
N. Y. Lake E. & W. Elevator, Buff.—expns.
Blake's Docks, Buffalo expenses
Interest on funded debt
Long Dock Company_ bonds— interest

—

Weehawken Docks— interest
Guaranteed interest
Interest on loans
Interest on mortgages, etc
Interest on equipment
Rentals of leased lines
Suspen'n Bridge & Erie Junct'n RR.— rent.
Patcrson & Newark RR. rent
Expenses for couutersiguing bonds
Loudon office expenses
Commis.sious, A-c., for extend'g 2d M. bondsi
Commissions, &e., for extend'g 4th M. bonds
State of New York— taxes
State of I'ennsylvania— taxes
State of New Jcrsej-— taxes
Brook'n nnnex— expenses prior to Oct. 1, '78
Interest on equipment prior to Oct. 1, 1878
Claims prior to Oct. 1, 1879

—

Totaldebits
Surplus

CONDENSED BALANCE SHEET, SEPT.

6,104

Real estate

1880, for

210,000
64,453
131,928
29,015
22,797
148,284
662,952
25,704
11,327
18,816
12.641

550
140,850
6.379
19,576
39,913
7-^,919

$3,888,664

.$6,012,519

$1,291,971

$1,790,620

AND

SEPT. 30, 1880.

1880.
$1,308,472
263,496
330,988
148,472

fund for—
1,207,429

rail

Second track
Improvements at Buffalo
Engine-house at Bergen

Equipment
Elevator at Buffalo
Ship basin and docks, Jersey City
Miscellaneous
Construction— branch lines
Elevator at Buffalo— general account
Ship basin and docks, Jersey City— general account
Lehigh docks, Buffalo
Weehawken docks, constniction
Buffalo h Southwestern RR. improvement
account
.\mounts paid on account of eqnliiment..
Stocks of other companies
Bonds of other companies
Amounts due by agents, other companies
and individuals, on current accounts.
Materials and supplies on hand at shops
and on road

Cash on hand
Cash in Loudon to pay coupons
estate of the Erie

3,963,872

5,170
3,319

$548,381
228,344
70,470
124,926

Equipment
of the special

7,647
2,047,712
210,000
64,453
133,000
47,978
14,418
65,892
658,445
40,914
15,589
17,799
3,458
109,524

1879.

T>r.

Expended out

3,798
23,281

30, 1879,

Construction— Main Line
Third rail—general account

Third

54,780
19,724

Railway Company.

491,860
67,071
19,893
339,380
89,870
17.909
29,999
86,070
37,425
82,602

1,207,429
1,034,297
141,504
36,556

339,380
203,973
98,938
29,999
158,611
7,394

848

110,822
92,851
3,278

160,645
174,202
226,024

36,302
781,655
140,200
273,819

1,841,986

2,729,143

875,731
155,196
10,401
7,500
95,737,122

1,123,542
186,580
50,568
10,543
151,681,284

$102,631,098

$162,550,111
102,631,098

'

32fi

this sum we had received np to Sept. 30','l886,"$3,096,'413, of which Tie had applied to improvements
And there has been disbnrsed by the trustees for expenses inS3 092 079
Ixjndon and New York, taxes, services. Judgments, and
otherwise conducting the reorganization plan, the sum of
570 002
Lioavmg a balance in hands of our Treasurar Sept. 30, 1880
4 -j33
Ana balance in hands of trustees at same date
126910

Of

407

58

377,503

Xotfu

a®
ing Septembej

12,165
2,254

Gold premium
Adjustment of interest on funded debt
prior to October 1, 1878

The
'

141,504
203,973
3«,55«
98,938
29,999

Credits.

KarningH— Main line and branehes
WorklMg expenses

Bills receivable

To which add

339,380
034 297

$3,092,079

.

S70

\

COMPAKATIVE STATEMENT OF I'KOFIT AND LOSS FOR FISCAL YEAK8
ENDING SEI-TEMBKB 30, 1879 AND 1880.

—

EOAD AND EQUU'.MBNT.
1876-7.

$1,207,429

Total

New York Lake Erie & Western.
(For the year ending September 30, 1880.)
The report of this company for the late fiscal year has just
been issued in pamphlet form. A review of the eompany's
operations, based oa the brief statistics issued in advance of the
report, was published in the Chkonicle of December 4, on pa^es
573 and 587, but the figures presented below in much detail give
a more comprehensive view of the workings of this great
corporation. President Jewett devotes several pages of his
report to an argument on the question of the company's obligation to declare dividends on the preferred stock when earned
ui any fiscal year. He arrives at the conclusion that there is no
obligation to declare such dividends, and that the only preference of this stock is the right to have 6 per cent in any year
before dividends are declared on the common stock.
The lease of the Lockport & Buffalo Railroad, from Lockport
to Tonawanda, w%8 made in the year, and the Buflfalo Southwestern Railroad, from Buifalo to Jamestown, 68 miles, was
leased and worked the last two months August and September.
There were at the end of the year 438 miles of road with three
rails, of which 404 miles are double track and 34 miles single
track; 260'5 miles of road broad gauge only, and 311 miles of
road standard gauge only. Total length of road, including
branches and leased roads, 1,009 '6 miles.
The

amount of the assessment fund expended on
to September 30, 1880, has been $3,092,079, as

improvements

AND

STATE, CITV

total

XXXL

[Vol.

$3,793,326
in the year end-

improvements to the property, was

Net increase

in

1879-80
Or.

$59,919,012
1879.

$24,997,100
Common stock issued at this date
2,151,700
Preferred stock issued at this date
Funded debt as per Investors' Supple66,678,501
ment
300,000
Loans payable
182.763
Bills payable
588,965
Interest on funded debt (due and accrued)
433,399
Rentals of leased lines, etc
Amounts due to other companies and
individuals on current accounts, consisting of—
616,279
Pay-rolls tor Sept., payable in October. ...

1880.

$75,879,300
7,367,700
67,173,744
200,000
67,500
1,213,648
355,876

671,548

—

'

Dbcembsr

8

:

THE CHRONICLE.

18, 1880.

1880.

1879.

Audited vouchers for nunplloa,
chiore
eluding September vouc

etc., In-

631,186
31.808

TriilHc bulauceH, eto

Sundries
Special fund received from truateoa for
Improvement of the property
AB8es<imentB on the ooninion Htock of the
Erie Rivihvay Coniimny ($1 per Bhare)
Assos.snients on the prefcTred Htock of the
Kiie Railway Company ($'J per Hhiire)
lutiU'CHt on aKflcKAmcntM r<;celved on stock
of the Erie Railway Coiripany, and interest and profits on iuvostineiits, sterling
exchange, eto
Prolit

and

$1,542,143
832.134
50,001

*1,.'S34,607

($51

From exprCM
From r«ul« aud olhoraoareaa
Total
Total oiieratlDf

914.-itS

9,213

,

,.,„

,

,

e«HBnm...

Net earnlnK* for tbc

2,301,1 1

„

jrcar

Ioter«iit received

2,701,424
Total income fur the year

116,300

877,503
3,011.188

2,120,517

loss

$102,031,008

$162,550,111

12.121

.•.••.

Against which are charged
ReutaU

:

$ti
Ic

WL

Iutere«t paid

DlvldeoiU

109,

HurpliM fur the year

,

twSm

Baluncuat commeueeiuent of tbe jrear

102,031,01)8

Net increase In 1870-80.

$50,010,01:2

New York ProTldence & Boston.
(For the year ending September 30, 1880.)
D. Babcock, the President, says in his report
increase in gross receipts over the previous jrear is
the net earning being in$69,446, and of expenses ji39,007
creased $30,439, or about 10 per cent. Deducting in both years
the revenue derived from dividends of the Providence & Stonington Steamship Company, the increase in net earnings would
be $.')0,.^62, or about 21 per cent, although there has been no
diminution in the fierce competition, and, with trifling exceptions, the 'rates,' both for passengers and freight, have been as
low as ever. The loss of tne Narragansett, of the Stonington
Line, in June last, not only prevented the Steamship Company
from paying its usual dividend in July, but caused a virtual
suspension of the through passenger business via Stonington
for nearly a month, and when it was resumed by the substitution of a much inferior boat, the falling off in travel caused
thereby involved a large loss of revenue, which it is impossible
to compute. * * *
"The extensions of the Pawtuxet Valley Road to Pontiac and
the Pontiac Branch Road, both of which were alluded to in the
last report, were completed and opened for traffic on the first
of January last, and have since been operated by this company.
The business of the line between Providence and Hope has
been fairly remunerative, and a lease of the above roads for a
number of years will probably be taken. » » *
"The Rhode Island Central Railroad, better known as the
Warwick and Oakland Beach Railroad, having been sold under
foreclosure, was offered to us at a price out little greater
than the value of the rails, and it was deemed judicious to
purchase it, which was done in June last, and on the first nf
July it was opened for traflJc. The travel during the summer
was larger than was anticipated and will doubtless constantly
increase.
It is believed that it will prove a valuable feeder to
the main line, and your authorization of the purchase will now
be asked, and that it be regularly recorded as the property of
this company."
The annual report also supplies the following figures, showing
the comparative statistics of the past two years

Mr.

S.

:

"The

Balance Rept«mber 30. 1880
$0UJ17
The gross earnings for thin vear eioeodwl th« gftm <«r
of the preceding year f 104.380. while thi* incn-a*' in np
tnres, exclusive of th<- cost of nfw e<niipmi-u(, wan only
The surplus for the year, after the payment of
interest, taxes and all other expense* charged tu tbe op«NBtiMl
of the road, or to the constmction account, waa $84.4U.

ASMUAL MCOMC tOK IIVK TEAM.

;

:

1880.

Increase.

$854,072
504,976

$69,446
39.007

$349,096
$318,656
of passengers carried in the years

$30,439

1879.

$794,625
465,969

Receipts

Exiwnses
Netearniage

The number

:

Through passengers
Local passengers

Commuters
Total

The amount

1879.

1880.

249.932
336,332
106,339

263,260
412,078
154,505

859,843
692,603
of freight carried in the years
1880.
1870.

Inevease.

Tom.

303,096 Dec.. 4,769

JUeeiptg,

$50,203
854.072
39,106
151.000
$1,094,382

Ei^ndiluret.

414.080
512,014

Northeastern Railroad Company
(For the year ending Sept. 30,

561,60$
57H.8$«
aio,saa
ttuislt

(S. C.)

1880.)

Tbe annual report, just issaed, giree the following atateaient
company 8 operations for its fiscal year, clewing on tka

of the

30th September, 1880, as compared with those of the previoaa

year:
HeeeipU/romFtcTghU

1878-70.

$248,008
80.007

,

Passengers
Malls
Total
Operating expenses

Balances
Increase In revenue
Ratio of expenses to receipts

1870 80.
(284,745
100,300

/nontoM.
$39,977
14.30S

15,102

10.838

4,M6

$346,207
210,903

$404,804
219,234

$M.sae

$133,304

$185,659
$68,1116

542

Id 1830, against

60

In 1870.

The President remarks in his report that this gratifying
increase of ii'58,626 in our gross receipts is mainly attribatable to the general prosperity of the conn'ry, and the healthier
conditions of trade. "During the past year we hare moved
91,436 bales of cotton, against 62,153 bales the preceding year—
the excess being 29,283 bales. Of these, but 16,207 were fnrnished along the line of our own road the remainder, 75.239
•
•
bales, having reached us from points beyond Florence."
" Our up tlirough freights have exceeded those of the lait
year by $16,571, and our way freights those of the previons
year by $7,628." • * * "In our passenger service, a like
improvement is noticeable the receipts of this year having
been $100,309, as against $86,007,_the larger proportion of this
;

—

increase being in our way travel."
The financial condition of the company on the 30th September, 1880, was as follows
•••85,659
Net proceeds of transportation for 1879-80
•iAVI.V.i
Interest on bonds, and other debt
•rrvt??
, .n oo«
100,330

f?4'??i
117,440

Tons.

307,865

Total receipts

37U,1Ih:I

309.7.\o

Balance carried to credit of profit and lojs
Balance at credit of proflt and loss from 1870

Total

KR

573,30-^

Kurpttm.

•S'l??
ii,s>*a

BALANCE SHEET OP BECEIPTS AUD EXPENDITURES FOK THE TEAK 1870-80.

Earnint,'S

l!i'.:17.7HO

167,240

194.743 Dec .40,010
108,353 Inc. .35,241

Earnings Pawtuxet VaUey
Billspayable

$3N'J,'.'II!)

584,670
622.310
726,060

IMei

IMti-

itendt.
llrm:
$32,411 $108,000
108,000
207,670
26,047
108.000
205.680
20.130
12.220
168.(NM>
212.071
210.420
16.067
108,000

InfiHHf.

Balance
Extraordinary expensei

234,753
73,112

Balance cash assets from last annual report

1 877
1878
1870
1880

and OlMer

Kxpeiun.

Tiixes

Local freight

Through freight

Sept. 30. Keerlult.
$.'>Kil.530
187((

13.328
105,748
48,166

:

Tons.

Rmlt. iHftI
Ket

rcari etufg

^9^""
«<"«
240,000

11,081-

Total at credit of profit and loss 30th September, 1880

$160337

OENERAIi INVESTMENT NiiWi.
American Union Telegraph.— A circular has been issued to
those subscribers to the Central Construction Company of the
American Union Telegraph Company of record on the books of
that company at the time the last instalment was paid, on
September 15, announcing that it has been decided to raise a
fund of $6,000,000 for the purchase and larmg of two cable*
between this country and Eurt.pe, to be operated inconnecUon

fond
with the American Union Telegraph Company. Of this
Ihe
mentioned.
is reserved for the snb.scnbera
.50,000 money is to be called in 10 per cent instalments, and eteiy
Extension road bonds paid
$45,000
Rhode Island Central Railroad purchase
subscription of $1,000 will be entitled to a 6 per cent
51.556 paid-up
Rhode Island Central RK. construction aoooimt... 6,556—
mortgage bond and ten shares of the cable company s stoe*
2.(!5,'>
Profit ;uid loss Warwick Railroitd Co
7. (WO
Stock in Pawtuxet Valley Railroad
The privilege to subscribe will expire on the 31st inst.
Jwi^rtcnn
48,543
Oonstruction account Harbor J unction
—As to the ocean cables of this comoanv, the
23,952
Pawtuxet Valley R.aiLroad, Joint account
"An attempt was made bv the established
3.414 Exchange ea-ys
Pontiac Branch Railroad
Jay Uonid
18,015 cable companies to secure an arrangement with Mr.
Pawtuxet Valley Railroad
Balance cash assets to new account
which would meet the trafiic requirements of his comMny, Mt
$31,260
Cash in Stonington
which he demanded were not agreed to, and
-.
65,229 the concessions
33,968—
Due from M. Morgan's Sons
cablea have
subscriptions for the construction of the two new
f o»d
$1,094,382 been opened by the Central Construction Company,
Total expenditures
will be
which IS to be raised is $6,000,000, of which one-half
Connecticut Rlrer Railroad.
UmConstruction
reserved for the subscribers of the Central
the sub{For the year ending September 30, 1880.)
pany of record on September 15 last. The calls on
at a time, ror
The annual report gives the following
scribers will be 10 per cent of their subscription
receive Ufn shares
INCOME.
every $1,000 paid up the subscribers will
$302,271 of stock of the par value of $100 each and a$l,000 6 percent
From passengers.
«
386,669
From ffreight:
to subscribe will expire on Uec.
13,66^ mortgage bond. The privilege
From malls
Expenses

Dividends.

70,037

Interest.

$3,000,000

:

pe

:

1

—

THE CHRONICLE.

652
&

XXXL

the purchasers being Drexel, Morgan & Co. The Times reports
that this road was recently withdrawn from the Long Island
Railroad combination and ordered to be sold under joint agreement of the stockholders and bondholders. The sale took place
nominally on the 11th, the road being bought in by the owners.
Previous to the sale another contract was entered into with the
Long Island Railroad Company by which the latter is to operate
it for fifty years from Jan. 1.
The terms were refused for

new cables will be Mesers.
England. The American end of the cables
will be at Whitehead Bay Harbor, just east of Torbay, in Nova
8cotia, the landing on the English side to be made near PenThe

81, 1880.

Siemens

[VoT.

contractors for the

Co., of

zance."

Canadian Pacific Railway.— At Ottawa, Canada, Dec. 10,
the Pacific Railway contract was laid before the House of Parliament. It is signed by Messrs. George Stephen, Duncan
Mclntyre. John J. Kennedy, R. B. Angus, Morton, Rose & Co.,
Kohn, Keinaeh & Co., and James J. Held, on behalf of the synThe
-dicate, and by Sir Charles Tapper for the Government.
«ontractors are required to deposit $1,000,000 cash for its
equipment in approved securities as a guarantee. The portion
of the road from Winnepeg to the base of the Rocky Mountains
is to be completed by June, 1885, and the whole line from Lake
Superior to the Pacific by May, 1801. The Government will
complete the portions of the road now under contract, and
turn them over to the syndicate, together with $25,000,000 and

publication.

—

Hartford & Connectient Valley, The stockholders, at their
meeting in Hartford, re-elected the old board of directors. The
directors were anthorized to apply to the legislatures of Connecticut and Massachusetts for permission to ex»end the road
on the west side of the Connecticut River to Holyoke. The
cost of the new road will be about $800,000. The Valley Road
is to turn its bonds into stock
and to rai.se means for building
the new road the idea is to issue about $400,000 of additional
stock, and bond the entire road from Saybrook to Holyoke
25,000,000 acres of land. The capital of the company is fixed for the remaining half of the co.st. No action was taken on
at $25,000,000, divided into shares of $100 each, and the direct- the proposal to rescind the vote with regard to the conversion
ors will be empowered to bond the road for $10,000 per mile. of the fiist mortgage bonds of the Connecticut Valley Railroad
There is much opposition to the ministerial policy, and an Company into stock of this company. The directors have the
•effort is being made to excite popular feeling against the matter under consideration, and will hold an adjourned meeting
measure. It is said that the debate will be pressed now till next Monday to decide what action shall be taken.
the matter is voted on.
Havana Rantonl & Eastern.— It is reported that this road
Central Pacific Railroad. —The land trustees give notice has been sold to the Wabash St. Louis & Pacific Company on
that they hold $400,000 in gold coin, with which, in accordance terms not made public.
•with the terms of the mortgage, they propose to redeem so
Horse Railroad.s in New York and Brooklyn.— From remany of .said bonds as shall be offered at the lowest price; but turns filed at Albany, the following statements for the year
"
flat " may be rejected
all bids over one hundred and five (105)
ending Sept. 30, 1880, have been obtained, and are compared
at the option of the trustees.
with 1878-79:
DRY DOCK EAST BEOADWAT & BATTERY. (S. Y.)
Chesapeake & Ohio. At Richmond, Va.,Dec. 16, the annual
1879-80.
1S7S-79.
meeting of stockholders was held. The net earnings of the Paid capital
$1,200,000
$1,200,000
ix)ad for the past fiscal year were $569,227, being an increase Funded debt
855.000
856,000
783,174
704,737
of $185,018 over the net earnings of 1879. The following Receipts— From passengers
From
other
sources
7,008
6,068
C. P. Huntington, A. A. Low, A. S.
directors were elected
Payments— For road expenses
504,703
450,806
Hatch. Blias Higgins, John Castree, Jesse Hoyt, A. E. Orr,
"
For interest
53,742
59,773
"
For dividends
144,000
Hzra Wheeler and E. D. Toumier, of New York, and W. C.
108,000
"
For United States bonds
40,000
51,000
"Wickham and Johu Echols, of Virginia.
"
For account of funded debt
1,000
59,000
SIXTH AVENUE (NEW YORK).
Chicago Bond$i. A dispatch from Chicago (December 16)
879-80.
1
1878-79.
says
remainder
new
York
Times
"The
of
the
New
to the
P.aid capital
$750,000
$7.50,000
city 4 per cents was taken to-day, making an aggregate of Funded debt
500,000
416,000
;

—

*'

:

—

:

$830,000 in three days. Much dissatisfaction is expressed at
the fact that this loan has been taken by large capitalists instead of by the public at large. Bankers state that had the
loan been put on the market for competition, the bonds would
have brought a premium of 2 per cent, and the city is considered so much the loser."

—

Floatingdebt
Receipts— From passengers
"

other sources
Payrnents— For road expenses
"
Forinterest
"
For dividends
"
For reduction of the Ooating debt
"
For the proceeds of bonds i)aid to
stockholders

Chicago Burlington & Quincy. The directors met in BosBROOKLYN
ton and again considered the question of a stock dividend, and
finally voted to call a special meeting of the stockholders
Paid capital
December 28, to vote upon the consolidation of the Chicago Funded debt
Uurlington & Quincy with the Council Bluffs and other roads, Floatingdebt
From passengers
and, secondly, upon the question of authorizing the directors Receipts—
"
Trom other sources
to issue new stock. The following is a copy of the circular Payments— For road expenses
issued from the Chicago Burlington & Quincy office, calling
Forinterest
Fordivideuds
the special meeting of the 28th
:

hereby given that, in pursuance of a
vote of tlie boiird of directors of this compauy, this day passed, of which
foliwwiiiff
is
copy
a
the
•'
Voted, That a special lueetiug of the stockholders of this company
fee and is hereljy called to meet at the general office of the compauy, in
the city of Chicago, 111., on the 28th day of December instant, at 11
o'clock A. M., to consider and act upon the propositions to consolidate,
toy purchase or otherwise, the stock, pioperty and franchises of the Kansas City St. Joseph & Cuuiicil Blutfs Railroad Company, Hastings &
Avoca Railroad Comiiany, Moulton & Albia R lilroad Couipiiny. Red Oak

The Chicago Burlington & Quincy
^iven the

new

Railroad

New York

Company has

Stock Exchange notice of an issue of 10,000
shares of stock, issued for construction purposes.

& Northwestern.—It is announced that the Chicago
Northwestern Railway Company will hereafter issue only
bonds bearing interest at the rate of five per cent under its
sinking-fund trust of 1879, made to provide means for the

&

Chicago

extension of

its

system.

A

satisfactory proposition made to
Loeb & Co. to purchase the next issue

the company by Kuhn,
of their five per cent bonds has been accepted.

1879-80.

1878-79.

$2,000,000
300,000
200,000
1 ,009,760
69,129
1,466,461
26,069
280,000

$2,000,000
300,000
50,000
1,466,112
43,775
1,208,226
26,254
230,000

Paid capital
Funded debt

1879-80.

1878-79.

$250,000

$250,000
250,000
40,561
239,017
127,875
208,726
20,341
30,000

2.50,000

65,353
272,483
13,604
215,263
19,186

Floating debt, present report
Receipts--From passengers
'
From other sources

Payments— For road expenses
P'orinterest

•'

36,0<10
For dividends
FORTY-SECOND STREhT A GRAND STREET FERRY RR.,
1

Funded and

floating debt

Receipts- From passengers

'
From sale of horses
Payments— For road expenses

"
"

879-80.

$748,000
267,512
309,763

Paid capital

Forinterest
For dividends, &e

2,132
228,071
16,520
97,210

(V. Y.)

1878-79.

$750,000
207.328
333„565
818
213.407
16,520
112,783

International & Great Northern.— It is stated on good
authority that Mr. Jay Gould has purchased a controlling
interest in the stock of this company.
Keokuk & Des Moines. The following is an official statement of the Keokuk and Des Moines Railway Company:

—

Gross earnings for j-ear ending Sept. 30, 1879
25 IKsr cent rental of which iw
Interest at 5 per ceut ou $2,750,000 bonds paid

$565,506

Surplus earnings for year 1 879
Gross earnings for year ending Sept. 30, 1830
per
cent rent al of which is
25
Interest at 5 per ceut on $2,750,000 bonds paid. ;

$3,889
$039,788
159,947
1 37,500

Surplus earnings for year

Add surplus of former year
Total surplus on hand Sept. 30, 1880

141 .389
1

37,500

$22,447
3,889
$26,336

of $1 75 per share on the preferred
stock has been declared, payable on the 23d day of December,
at the office of the Farmers' Loan & Trust Company in this
The transfer books will be closed on the 15th day of Decity.
cember and opened on the 5th day of January, 1881.

From which a dividend

Denver & Rio Grande.—The $4,000,600 subscription to
«xtend the Denver & Rio Grande Railway lines, which was
brought out last week, closed Dec. 14. Over $11,000,000 is
reported to have been tendered in the United States and
England, but only existing stockholders will receive allotments,
which will be in the proportion of one share of new to four of

—

shares of the stock. The company receives at 165 the subscription price— $5,600,000 to complete the remainder of the
1,462 miles of the company's line.
•old

375,000

93,051

BROADWAY' (BROOKLY'N).

is

»t Atlantic Railroad Compauy. Chillicothe & Chariton Railroad Company, Keokuk & St. Paul Railroad Compauy, and the Madison & Keokuk
Railroad Company, and of such other branch road companies as the
meeting may deem it proper to iuelu Je, with and Into those of this company, and to detenuiue whether tlie directors shaM be authorized for
this and other purposes from time to time, as they shall deem proper, to
Incrcaao the capital stock of the company to the extent of the cost of
the road, and to dispose of the same in such manner as tliey may see Ht,"
a uieetiug of the stockholders of said (»mp.iny will be held at the office
of the company at Chicago, lU., ou the 28th instant, at 11 o'clock in the
forenoon of that day, for the j)Uipose of conslderlug and acting upon the
propositions mentioned in said vote.
Stockholders who cauuot be personally present are requested, on
receipt of this notice, to sign the inclosed proxy aud return the same to
J. M. Forbes. President, Boston, Mass.
Bv order of the directors.
J. M. FORBES, President.
Chicago, Dec. 11, 1880.

175,000
672,338
37,669
441,749
29,120

CITY.

'

To tbc Stockliolders—Notice

25,000
727,890
33,610
443,169
34,900
90,000
150,000

From

Flushing & North Shore.— This road was sold at auction
Dec. 11, at the Court House in Long Island City, for $800,000,

Louisville

an amended

&

bill

Nashville.- At Na.shviUe, Tenn., December 16,
was filed in the United States Circuit Court

minority stockholders of the Nashville
Louis Railroad Company against the Loiiisville & Nashville Railroad Company, charging that the election
of the Acting board of directors was a nullity, and praying for
an injunction to enjoin the Louisville & Nashville Company
in the case of the

Chattanooga &

St.

—

::

.

December

THE CHRONICLE.

18, 1880.1

«53

from operating the road and from votinjr the Htock it boaght,
Nt. LonlR Iroa Moontain k Soath«rn.— Mr. Tbomaa Allan
andalHO praying for a Receiver. Judge John Baxterand Judge accepted Jay Oonld's nroiHwitlon, and >vM hix stock
of oearir
Key will hear the ca.se at Knoxville, on Tuesday, the 21»t iniit. 40,000 shares, for which the purehaiw money,
reported,
Memphis Padiicah & Northern.—In the Circuit Court of ameunts t4> a trifle lewi that Ja,00O.O00. II O. Marquaad alau

m

the United StateH at Memphis a bill of complaint of Abram Carl
Wertheim and others »*. The Mempliis Paducah & Northern
BR. Company ef. <il. was filed. The bill alleges that default was
made on the $3,000,000 first mortgage bonds, but that Canada and
Horsley, the trustees, have refused to take such steps as would
foreclose the mortgage and enforce the sale of tue road, although requested so to do by tlie holders of said mortgage. The
bill prays the aid of the Court and the sale of the road enforced,
and the said Trustees, Canada and Horsley, compelled to
execute the said trust, and that, pending such proceedings, a
Receiver be appointed by the Court, and that an injunction be
granted to restrain the said railroad company, its officers and
agents, from handing over possession of said road or any part
thereof to any person except a Receiver appointed by Court or
the .said trustees.
Ohio & Mis.siss!ppl.— A pre,ss dispatch from Indlanapolij is
" Last summer an agreement was made between
as follows
the Ohio & Mississippi Railroad Company and the London Liverpool & Globe Insurance Company, by which the latter was to
insure the former a title to its Jeffersonville Branch for the sum
of $60,000. By foreclosure proceedings, ending in a sale last
summer, the London Liverpool & Globe Insurance Company
perfected a title to the property, and an order was entered by
Judge Drumraond, in the United States Court Dec. 11, authorizing John King, Jr., Receiver of the Ohio & Mississippi, to pay
the $60,000, and the insurance company, upon the execution of
the necessary papers, to make its title as good as that of the
former."
Philadelphiti & Erie. The managers have decided te pay
oflf at maturity the first mortgage t per cent bonds due April
:

disposes of 20,000 abare* of the »t«<!k, about one-half of bto interest ia the road, to Mr. (Jould.
With olbwrodd l«t« bought
up, Mr. Gould's tot«l interest li reported to be alMot 7o!ooO
shares.

Toledo Delphox

"The

&

nnrllntrton.— A Boatoo dim>*tcb (ayt

syndicate lately formwi by iJoslon tod 5ew York capll«|.
for the building of the Toledo Cincinnati & 8t. lyjuia lUilroad, which is an extension of the Toledo DKlpbos & Burlington
road from Kokom > to St. Louis, Mo., has m»t with such KOMMi
in securing subscTiptions that eimtracts are Ivlng |i<t alone
lb*
entire line of over 250 miles. The offlciaN of th^ r>»d, barlBf
Perfected favorable arrangements f.>r tnnninal fs<-llili«i Id sT
ouis, state that they expect to have the road in oiwratlon b»
'
October, 1881."
ists

Union Ferry Company of Brooklfa.— The annaal raport
of this company, filed with the Secretary of Htate, abowa
Assets— Boats, $465,000; ferry buildhags. 4c., $348,000; real
estate, $212,000; machinery, $20,000; lumber, $5,500; hoiuM
and carts, $2,000; office furniture. $2,000; coal and wood.
$45,400; loans on stock, $680,000; United States buuda, $300,000;
taxes due bv city of New Vork, $-i7,74'.t; petty cwh, $1,000;
cash in bank, $138,215. Liabilities-Paid capital, $1,000,000;
city of New York, $22,187; unpaid accoanta (estimated;.
$13,500; tickets outstanding, $38,4IH; claima in aait (estimated),
$30,000; taxes due State, $2,S00; tasea due Brooklyn (eatimated), $17,000.

Vermont & Canada.—The

—

opinion of the

SapKme

Coart of

Vermont in the case of James R. Langdon et al.. w. the Vermont ii Canada RR. Company et al., heard at the General Term
Messrs. Drexel & Co., of of the Court in Montpelier, in the autumn of 1879, was filed
1, 1881, amounting to $5,000,000.
Philadelphia, have concluded a negotiation for the purcha.se on Tuesday in the oflice of the Clerk of the Court for Praoklin
of $5,000,000 of the 5 per cent consolidated mortgage bonds of County. This decision finally determines the long-dispated
this company, guaranteed by the Pennsylvania RR. Company. question as to the priorities and rights of the different elaasen
ba.sed upon the Vermont Central and Vermont &
Port Royal & Angnsta. In addition to the interest on its of securities
Canada Railroads, and holds that the bonds imoed by the
first-mortgage bonds, this company will, on Jan. 1, pay 2 per
Receivers and managers from time to time, and known as the
•cent on its income bonds from the earnings of the current year.
" trust securities," are prior in right and security to the claima
Richmond & Alleghany. At the annual meeting held in of the first and second mortgage bondholders, and the stockRichmond on the 8th inst., the following directors were elected holders of the Vermont Central Railroad, and the stockholders
Geo. M. Bartholomew, Hon. James G. Blaine, Joseph H. Gray, of that corporation, and to the rental claims of the Vermont &
Conrad N. Jordan, Hon. Hugh McCullough, Cyrus H. McCor- Canada Railread Company, and must be first paid. The Court
mick, John I McCook, H. C. Parsons, Samuel Shelthar, John orders the case referred to a Ma.ster to reckon the principal and
interest on the trust bonds and make other compotations.
W. Simpson, H. D. Whitcomb and C. E. Wortham.
Rochester & State Line.— At a meeting of the bondholders Boston Advertiser.
of this company, a few weeks ago, Messrs. Adrian Iselin, Jr.,
Western Union Telegraph.— This company iaaoed a general
Anson Phelps Stokes and Walston H. Brown were appointed a order, Dec. 16, reducing rates for messages to all pomts at
•committee to buy the road whenever it should be offered for which the American Union Company has offices, to meet the
sale.
The new company will be known as the Lake Ontario reduction already instituted by the latter company. The prinRochester & Pittsburg Railroad Company. A decree for the cipal changes are as follows:
sale was given in Rochester December 13, and the reorOld Rale. Ketr Half.
$1 00
#0 75
ganization will be completed in January. The decree fixes To Nrw Orleans, Atlanta and Augusta
ToOuinhu
100
60
and
the
overdue
the amount of the bonds at |2,160,000,

—

—

:

According to the present plan the
interest at $151,200.
obligations of the new company will be limited to $12,000
$16,000 a mile, income bonds and
a mile first mortgage
$20,000 a mile stock. The total amount of these obligations will
amount to about $5,62),000. It is the purpose of the new company to extend the present line, but the plans have not been
fully perfected. The Rochester & State Line Railroad extends
plan
from Rochester to Salamanca, a distance of 107 >6 miles.
of reorganization has been completed, to which the bondholders
may become a party at any time before the date of the sale.
The securities of the new company will be distributed as follows Holders of the first mortgage bonds of the old company
will receive new first mortgage bonds to the amount of one-half
of the par value of the old bonds and of one coupon in addition,
and income bonds equal to three-fourths of the par value of
the same bonds and one coupon in addition they will have the
option of taking new stock at the rate of five shares of stock
to each $1,000 bond, upon payment of $50 for each five shares
holders of the debenture bonds of the old company will receive
income bonds at par for the full amount of their holdings. The
capital stock of the new company will be $2,500,000. It is contemplated to extend the road from Rochester to Lake Ontario,
and to provide funds for the cost of this extension by the issue
of first mortgage bonds at the rate of |12,000 a mile and income
bonds at the rate of $16,000 a mile. These bonds are to be equal
with those o£ the same class placed on the present road, but are
to be a first lien on the road to be constructed.
Rome Watertown cfc Ogdensbnrg.- From the report made
to the New York State Engineer the following figures are
made up for the year ending Sept. 30, 1880, in comparison
with 1878-9
1878-79.
1879-80.
;

A

:

;

;

:

Paid up stock

.

.

Funded debt
Uiifuuded debt.
KccelptR from pa.sgengers
ISecolpts from freiifUts
Receipts froiu in.iils.
Keceii>t8 from other sources.
Total

Operating expenses
Interest.:

KentaU
Total

^,->,293.i)00

8,022,500
438,078
$433.'19i>

"" """
884,987
3a,61l \
11U,798>
'

$1,467,^92
$980,1.5fi
260,.53.5

To St. Ix)ui» and Milwaukee
To Cincinnati aud otber Oliio points
To Riclunoiid
To Pittsburg and Rochester
ToButt'alu

To Syracuse

60

90
90
40
40
35

90
iO
30
90
20

2.>

The reduction

to corresponding points is in proportion to
those above given. The rate to Albany, Boston and washingunchanged
at 25 cents. No 25-cent rates are
ton remains
affected by the order.

—

Messrs. Fisk & Hatch, No. 5 Na.'sau Street, haTo issued a
circular proposing a combined subs<-ription for two or three
hundred millions of the new funding bonds to be issued by
Government, and they have opened alxjok for recording the
subscriptions of all who may wish to join with them, either for
the purpose of exchanging their five* and sixes of 1881 or for
purchasing the new bonds. They Fay: " By making a combination now of two to three hundred millions or more, we may
be able to control the negotiation of the whole loan on terms
equitable to all who may wish to secure a portion of the bond*,
instead of its being controlled by a limited syndicat*, the privileges of which would be accessible to but fviw " The firm proposes to manage the combination, and for its services to charge
of one per cent on the amount obtained for
a commission of
each subscriber. They also retain the privilege of an undivided
interest in $25,000,000 of the whole amount obtained.

%

the annual meeting of the stockholders of the MereanTrust Company the following gentlemen were elected
directors for the ensuing year: Louis Fitigerald. Henry A.
Hurlbut, Solon Humphreys. Henry G. Marquand. John .T.
Terrv, Henry M. Alexander, William R. Garrison, Henry B.
Hyde, Thomas T. Eckert, Henry Day. Whitelaw Reid, Jose F.
$.-),29:i.900
7,7.J9.900 de Navarro, Charles R. Flint. Jonas M. Libbey, Bennington F.
597.778 Randolph, George D. Morgan, Jay Gould. William A. Whee$38-2,001 lock, Russell Sage. William G. Lambert. Sidney Dillon. William
647,356
H. Smith, Samuel Sloan, James M. HaLsted, Fred. L. Ames.
113.330 Richard Irvin, Jr., Robert Garrett, Marcellus Hariley, John J.
McCook, Elbert B. Monroe. The addition of many well-known
$1,143,287
gentlemen to the board ot directors promises a large tncreaas
$8.34,640

24,000

250,848
24.000

$1,264,691

$1,109,489

—At

tle

of business to the company.

—The Homestake Mining Company of Dakota is oat witll
another double dividend, making $60,000 for Norember.

.

.

THE (JHRONICLR

654

Friday Night, December

Friday. P. M., December 17, 1880.

The MoTEMisHT of the Crop, as indicated by our telegrams
from the South to-night, is given below. For the week ending
this evening (Dec. 17), the total receipts have reached 238,490

17, 1880.

Trade has become comparatively dull. The speculative
values at which many staples of agriculture are held check
exports; recent failures have disturbed the markets for such
important imports as tea and coffee; and the approaching holiday season is felt in general business. The high rates current
for money on the Stock Exchange are not felt to any material
extent in commercial circles, and yet attract attention and comment, contributing to some extent, in conjunction with the high
values put upon railway securities, to a feeling of uneasiness
not favoiable to active trade. The weather is seasonably good,
and the general condition of the country is regarded as eminently prosperous.
In provisions a generally quiet state of affairs has prevailed,
Lard toward the close has been
particularly in pork.
advanced, in sympathy with the Western markets, but for other
articles the course of prices has been downward, and much
irregularity has prevailed, occasioned by the heavy stocks.
Old rness pork was sold on the spot today at $13@$13 25, and
offered at the close at $13; new mess quoted at |14@$14 50; old,
for December, quoted at f 12 55@n2 90; January, |13 75@$14 40,
and February, $13 90@$14 30, bid and asked. Bacon has been
extremely dull, and closed only about steady at 7Mc. for long
clear and 7/^c. for long and short clear together. Lard was
higher to-day, due to speculative support; the export demands
at the moment are meagre; prime Western sold on the spot at

week, 218,341 bales the previous
since; making the total
receipts since the 1st of September, 1880, 3,019,684 bales, against
2,804,948 bales for the same period of 1879, showing an increase
since September 1, 1880, of 214,736 bales. The details of the
receipts for each day of this week (as per telegraph) are as follows:

bales, again.st 243,137 bales last

week and 205,192 bales three weeks

1879-80.
7,599,400
89,530,611

Increase.
3,i86',975

48,018,576

86,349,636
48,663,754

145,143,587

144,223,390

3,180,973

181

181

6,362

2,565

2,472

6,523

5,042

26,525

514

514

2,300

2,362

2,459

1,929

2,141

1,210
1,791

12,601

Wilmington ....
Moreh'dClty,&c

783

770

733

1,430

722

595
842

5,053

Norfolk
City Point, &o..

4,503

7,102

5,194

4.785

3,430

4,051
8,726

31.365
8,726

Receipts this w'k at-

Orleans
Mobile
Charleston
Port Royal, &c...

Savannah

of aggre-

Galveston

&a
Tennessee, &c

Decrease.

1,610,800

Florida
North Carolina. .

350,178

Norfolk
City Point,

1,960,978

ifco..

Total this

;

;

;

steadier for centrifugal.
Boxes.
Bags,
ilelado.
Stock Dec. 1, 1880
7,646
966,761
3,607
Beceipts since Deo. 1, 1880
10,592
478
181,668
106
Bales since Dec. 1, 1880
19,725
226
58,219
900
Stock Dec. 15, 1880
28,577
7,898 1,090,210
2,813
Btock Dec. 17, 1879
35,017
10,854
541,180
1,195
Refined sugar has latterly been quiet and lower, but closes
firmer with abetter demand; crushed, 10c. ; powdered, 9%@10c.
Tea has continued to sell freely at auction, but generally at
is

Hhds.
37,710

lower prices.

market has developed few features of interturpentine is steadily quoted at 45/^c for Southems and 46c. for New Yorks in yard. The advices from London
and Liverpool show a decline at the close ; strained to good
strained rosins are still dull at $1 80@$1 85. Alcohol in bond
is quoted at 38^c for January.
Refined petroleum early in the
week sold at 10c for export, owing to a snarp advance (fully 2c
per gallon) in London, owing to the presence of a large "short"
mterest which the " long " party most effectually pressed. At
the close there was a decline of Ic. per gallon there and this
market reached to 9Mc. from refiners and 9^c. for re-sales.
Crude certificates closed irregular and quiteactive at the new
figures ; mixed pipe line opened 9lMc, sold up to 91%c., and
closed 9l%c. bid. Ingot copper quiet .at 18%@19c. for Lake.
Wool has been in some sale at rather easier figures. Clover
seed, 7;J^@8^c., and dull.
The business in ocean freight room has been limited, owing
te the exceedingly reduced supplies of tonnage; and grain
being held above export prices, rates at the close were higher
and firm. Among the engagements were grain to Liverpool by
•team at 7?^@75^@7?4d. and cotton at 3-16@^d.
Spirits

stores

.

week

. .

Total since Sept.

,791

842

1.

1876.

1877.

73,392
25,638
22,355
1,455
31,212
29,854

4,763
23,237
10,401

71,533
24,264
20,434
392
25,694
20,740
1,233
9,538
2,328
3,862
19,088
5,724

213,907

201,882

231,594

74,204
21,066
23,310
2,060
30,252
26,325

59,967
17.773
22,238

514

746

12,782
1,791
5,895
31,365
8,726

23,909

238,490

396
23,388
19.441

598

36,164
19,017
24,300

561
27,245

24,91&
582
9,93a

476
12,2

978

1,000
6,385
20,487

7,82

22,101
3,986

94»
171,596

3,019,684 2,804,948 2,376,155 2,103,231 2,399,430

The exports for the week ending this evening reach a total of
161,970 bales, of which 93,061 were to Great Britain, 24,298 to
France and 44,611 to rest of the Continent, while the stocks asmade up this evening are now 920,593 bales. Below are theexports tor the week and stocks to-night, and a comparison with
the corresponding period of last season:
EXPORTED TO—

Week
ending

Oreat
Dec. 17. Britain.
N. Orl'ns

France.

Cmilitienl.

Total

Same

this

Week

Week.

1879.

35,632

12,474

16,950

65,056

11,771
5,200
13,591
5,172
13,112
8,583

2,302
8,457

17,836
4,695

863

3,281

....

1,829

32,129
18,352
13,591
9,318
13,112
10,412

93,061

24,298

44,611

161,970

Mobile..
Charl't'n

Savan'h.

;

The naval

,

1878.

1879.

1880.

New

:

est.

1

For comparison, we continue our usual table showing this
week's total receipts and the totals for the corre.sponding week»
of the four previous years:

;

the close, however,

74,204
21,066
23.310
2,060
30,252

Totals this week 41,993 42,522 30,050 33.332 40,452 49,541 238.490

and leaf 6^@12c. Seed leaf is much less active, the sales for
650 cases
the week aggregating only 850 cases, as follows
1879 crop, Pennsylvania, 12c to 25c. and 200 cases 1879 crop.
New England, lie to 30c. Also, 750 bales Havana at 85c. to $1 20.
Eio coffee has latterly been in better demand, and fair grade,
being rather scarce, has advanced to 12^c., though the lower
grades have been only steady, owing to an abundant supply
more favorable advices from Rio de Janeiro have been received
and have contributed not a little to restore confidence in the
trade the close is at 12?4@13c. for fair cargoes. Mild grades
have been dull and depressed with a large supply, the stock
here a few days ago being 96,000 bags and 190,212 mats Maracaibo closes at 10^@13c.; at the close, however, the market has
a firmer tone, though there is no quotable advance. Rice has
been less active, but has shown no quotable change in prices.
New crop New Orleans molasses has sold fairly at lower prices
foreign has been dull and nominal. Raw sugar advanced to
7%c. for fair refining some days ago, but latterly, with a fallingoff in the trade in both raw and refined, the market has been
;

Total.

3,561

<tc.

Indianola, <&c...
Tennessee, &c..
Florida

The market for Kentucky tobacco has continued very dull
and sales for the week are only 200 hhds., all for export.
lugs 4^@6e.
Prices, however, are without quotable decline

rather weak

Fri.

Thiers.

5,623

Brunswick,
Galveston

Indianola,

1878-79.
9,210,200

Pork
IDs.
Bacon. ...lbs.
lbs.
Lard
Total. ...lbs

summary

Wed.

Tues.

4,720

.

Savannah

Beef hams, |16 50@$17. Butter has been rather
quiet, and prices are less fiijn. Cheese has sold more liberally
for export, and fancy factory September has been advanced to
13®13Mc.; prime, ll)^@12^c. Tallow lower and more active
a comparative
gate exports from Nov. 1 to Dec. 4:

Uon.

Sal.

15,992 10,424
5,244 5,497
4.890 3,832

7,701 12,692 14,766 12,626
4,046 2,097 1,598 2,581
4,068 3,676 3,872 2,922
2,060
3,861 4,2.'.l 5,400 6,397

.

Mobile
Charleston
Port Koyal, &o.

India mess.

is

at—

Receipts

New Orleans

8'9»c., and to arrive at 8 85c.; December contracts realized 8'80
@8-90c.; January, 8-90@8-97?6c., closing at 8-923^c. bid; February, 9-02%@9-10c., closing at 9-02^c. bid; March, 912^
@9-17^c., closing at 9-1236c. bid; April, 9-20@9-22}6c.; seller
six months, 8"80@8'8-85c.; refined to the Continent, 9-17}6c.
Beef has been in moderate demand at $18@$20 for extra city

The following

TT O N.

OO

COMMERCIAL EPITOME.

6@6^c.

[Vou XXXI.

OTammercial S^w'^s.

3?lxe

at

.

Galv't'nN. York.

NorfolkOther*..

....

STOCK.
1879.

1880.

39,872 269,164 290.261
46,435 57,493
16,762 104,464. 68,886
14,032 133,183 91,500
13,247 95,095 84,102.
10,645 132,887 102,533
4,870 59,565 66,72
12,462 77,500 48,000

Tot. this

week..

111,890 920,593 809,498

Tot. since
Sept. 1.. 1091,673 225,610 395,426 1712.709 1533,313

....1

....

this week under the head of 'other ^p.-irts" include, from Balfrom Boston, 3,561
and l,829_bHles
?s to Bremen
_.
tlmore, 4.326 bales to Livej^pool
bales to Liverpool ; from Philadelphia, 1,696 bales to Liverpool.

The exports

.

;.

the foregoing statement it will be seen that, compared,
with the corresponding week of la.st season, there is an increase
in the exports this week of 50,080 bales, while the stocks to-nighi
are 111,095 bales more than they were at this time a year ago.
In addition to above exports, bur telegrams to-night also give
us the following amounts of cotton on shipboard, not cleared, at
the ports named. We add similar figures for New York, whick.
are prepared for our special use by Messrs. Carey, Yale &
Lambert, 60 Beaver Street.

From

On
Dec. 17, AT—

Xcartna
Foreign

wise.

17.00S
3,800
4,950
5.500
7.409
None.

10.077
1,600
12,800
26,500
11,194

118.205

38.667

65,071

aalveston

New York
Other ports

Included

Coast-

67,571
14,700
7.647
8,000
22,787
4,500
23,000

Savannah

*

Other

France.

New Orleans
Mobile
Onarleston

Total

Shipboard, not cleared—for

Great
Britain.

in this

900
2,000

amount there are 1,000

ports the destination of which

we canot learn.

170,714
24,935
78,517
91,183
52,852
126.487
103,065

9?,750
21,500
25,947
44,000
42,243
• 6,400
32,000

4,094
1,400

550
4,000
853
None.
7,000
17,897

Stock.

Total.

1

270.840

1

649.753

bales at presses for foreign

—

.

December
The

is

from S«pt.

Oliar'n

607,385
187,413
419.279

iflaT'h.

530,1230

GalT.*

308.137
36.548
11,654
96,014
508,721
75,833

.'ir.Orlng|

Uoblle

K.York
'Florida

». Car.

Worrk*
Otlier..

1.

655

muvemeoM of
Deo. 10, the latent mail date:

658.733
195,992
312,409
472,490
300.867
59,098

SIFT. 1

TO—
Btoek.

_
Other
f^'"^'\Foreign

Oreat
Britain.

1879.

1880.

1 to

BZPOBTED SIHOB

BKOEIPTS SIMCB
SEPT.

SI?

I

Total.

26:, 374 124,953| 96,866
2,001
1,063
16,398
107.161 31,085', 61,526
9.108 105,527
115,372
87,239 13,015 3S,432
140.737 16,033 33,985

4S3.093
19,465
202,772
230.007
134,586
189,775

2U1.844
38,724
119.713
141,260
89,287
117.500

41,867
158,277
90,897

17,506
61.472
63 000

mMm mm
'

1,444
2,850

33,.598

155.427
81,306

6,825
9,591

Fi

ri

I

in
I

a

998.012 201,312 350,815,1550,739

f

i.

I

2586,011< 969,762 132.941 318.717 1421,423

SiBKt year.

Unrlerthe heai of ChorteHon ia Included Port Rojal, kc undor the hea'* nf
9alvtito>i Istnolajed Indlaaola. Jto.: ander the head of Xor.otk u Included City
Point. 4c.
*

;

<6«
I

The .speculation in futures on our Cotton Exchange the past
week has been moderately actiTe, and prices have made wide and
frequent changes, not only from one day to another, but from
the opening and closing on the same day. The opening was

Ordln'y.^B) 8 '8
BtrictOrd.
9^
Good Ord.. lOia
atr. G'd Ord lO's

I

Wed
Ordin'y.^llb

BtrictOrd.. 913
Good Ord.. 101a
Btr. G'd Ord 1078
IjOw Midd'e 1^18
•iBtr.L'wMia IIII16
Middling... 1178

Good Mid
Btr. G'dMld

1214
1213
Midd'g Pair 13
1358
Fair
.

878
9=8
1008

28

eoo
to 10

to to

lots

1310

•JlOU
I

10

too

Hi
•ou*

ASM

to to

*>?«.

aip

I

1314
1373

FrI.

too

I

STAINED.

Sat.

V

*•

MlddUng

12%

12%

12%

1314
1378

134
1378

1314
1378

Wed

Tit.

Frl.

878
958
1058
It

9

9

9%

9%

10%
III9

ll"l6 1113l9
.„

89,6
8»i«
97i«
9'l»
105i, 105i,
lisia 113,6

M
to to

WIO
910 0>

to 16

toou
I

"CO

to to

I

»r

lotos

1010

1019

ftiu

OJWto
*?•
10 too

S'

toroX

to

to to

I

I

too

12%
1314
1378

13
13 >a

«.o
100

tot:

28

C"W
ICIO

1010

ai
oow
I

to

too

to too

,

*«'
MOO
too

-job*

to^
to to

(010

010

1010

00

ti

tta
to too

"-*.

Ma

OlS

ob-Ji

wa

I

I

MIO

«.u

MtsS

to too

1010

1010

xob

I

tOro
db*6
_

18

doci

0>J

to 10

141a

89i«
97l8
lO^ia
ll»i«

8

to to

to to

ccab

1010

rto
»I0

I

*.
10

818

to©

obxO

touo
tsoO
too
I

o

to too

abo©
•

»—

•.-

1010^
eicb^

ob-io
1010
tOQO

to to

to to

da
-igo
*r

IS8

to to

otto

to too

J

*?
I

ISI

60

J

I

QD

«)

QD

l«

I

«

•-•to

;«

lis

10 10^

d-'i*

-jS

I

I

IS8

'8^

*?s
'3I

tOi-

III9

00 «0*^

*-to^

111:110

131a
I4l8

to too

I

00

10%

13

•<»

uuS

to to

ci«!i

I

to

1010

IS to

I

to toe

to to*
COM

too

WW
«*

euio

•»

•""-•-I
to too

i^lyiO

1115l.'121i8
IS 1121I18
I2I4
l2ie
12 \(
12%
12%
121a

mon Tnes Wed Th.
89,6
97i«
10616

'

to to

totoo

01 qi

10

!

Middling

1058
11

11

9
9
878
9=8
953
9%
9%
10% 10%
10=8
105a
HI9
llifl
111
11
11
11»16 119,8 llUiie 1113l6 lllSlB
12l,« 121,6
1113i6 lllSi8'lll5,6
1214
1218
1214
12
12
1213
12% 12%
121a
121a
13
12% 12% 12% 13
13'4
1314
I314
131a
131a
1418
1378
1419
1378
1378

Good Ordinary
Good Ordinary

1058

IIII16 llllj ll"l,
lli°ie lU^ifll liisje
12i«
I2l8
1218
12i«
121a
121a

"9""

9=8
1059

'Strict

878
958

11

Th. Fri. |Wed Th.
9

8^8
9=9

111116
11"*1«
1218
121a

12%

au

*^i

-•^ .to

iota

«o

to to

lOtoS

I

iota

lOtoS

-JO

I

is-

00 Ob

878
9»8
1058

*•

7i

«i.o

10 NJ

8''a

t^

MM

TEXAS.
raon Tnea Sat. SKon. Tuee

878
953
9=8
9>a
1058
lOiSe
lOHi
10^8
11
11
Low Midd')!
I^IB 111116 1111l_
Btr.L'w Mid 111116 lll'l. lutie lllB 111616
1218
1218
Middling... !!'»
11^8
ll'^a
Good Mid.. V2H I2I4 1214 121a 121a
12%
12%
Btr. G'dMid I213
121a
121a
13
I314
I314
13
Midd'g Fair 13
1378
13=9
135?
13=8
IS's
Fair
8^8
9>a
10"2
lO'a
117,8

"-»
_SS!

NEW ORLEAN8.
Sat.

:i^

-'-•-I

i-ob

changed, middling uplands closing at 12c.
The total sales for forward delivery for the week are 770,000
bales, including
free on board. For immediate delivery
the total sales foot up this week 5,114 bales, injluding 1,710 for
in
•xport, 3,105 for consumption, 299 for speculation, and
bales were to arrive.
The followIffansit.
Of the above,
ling are the official quotations and sales for each day of the
past week:

UPLANDS.
mou Tues

$i

TO

0>M

and prices continued to advance till about noon on
Monday, when a decline occurred, carrying prices back to about
the opening figures of Saturda,)-. Then came much activity and
buoyancy in the later dealings of Tuesday, prices advancing
Wednesday was lower.
Thnrsdar was
25@30 hundredths.
•dearer, but closed flat.
To-day the market opened dull and
wreak, the early months declining materially. The improved
market of Saturday was due to the better advices from Liverpool, and that of Tuesday was stimulated by the better public
and private reports from Manchester. The Bureau report was
made public on Wednesday, and, though differently interpreted, was generally regarded as favorable to a yield fully up
TO current estimates, and caused temporary depression. The adTance maintained for a time yesterday was caused by rumors of
bad weather at the South, and to smaller receipts at interior
town.s.
Cotton on the spot was quiet and unchanged until yesterday, when the high grades were advanced ^c. and the medium
and lower grades ^^c. To-day the market was quiet and un-

Sat.

i

obtoS

firmer,

I>ee. 11 to
Dec. 17.

i

inhiif

6,941

73,187
410.796
97,530

nUsjT. 2731,191

low

1

our usual table showinjf the

••ottoa at all the ports

Posts.

"

THE ('HRONICLK

18, 1880.J

foUowinjf

«

«
»

AQD_
»to
--to
tOM-o
(BOO
I

toto-^

obxo

to

— g.

If

6ai,0
•-00_

IOOm

M 9u
— 3>

tt»
MMM
IOU-—

ooso

tsoo
-JOO

I

o j5

I

!

«9
»l-JO

M«0

Includes for September, 1S81, 100 at 1265.100 at l?--*". 300 •»
10-50, 400 at 12-50, 100 at 12 45. 500 at 1250, 100 at 12 .V), 100 •(
•

Frl.
811,6

99l8
107,8

107,6

1156 ll'l.

400
at 11-93, 400 at 11-95, 100 at 1185. 1.000 at 11-84. 700»tll88.
SOOatl.'.i.. 200
at 11-89. tiOO at 11-90. 500 at 1160. 1.500 at 11-62.
at 11 -' .for
at 11-70 300 at 11-71. 500 at 11-73, 200 at 1175. -00
'» ^P'i'"^!'
November. 1891,300 at 11-61.100 at 1266; aljo
f or W»for Septeiubor. 621,400; 8ept.-Oot. for Oct., 946,500 S«pt.-SoT.

"'»

MARKET AND SALES.

:

SALES OF SPOT AUD TRANSIT.

SPOT HAHKBT
CL08BD.

Ex-

Con-

port, tump.

Spec- Tranul't'n

tit.

vember, 762.100.

.„

,

,

DelivTotal.

Sales.

2-4-2.

12-49,

eries.

100 at
'

'88.

Bat.. Dull

Mon

Dull

.

Steady
Quiet and steady
ThursSteaily; qno. rev.
Dull and easy
Frl

'Tues

1,710

3.105

.

Wed
.

500
200
700

226
420
685
785
684
305

210
100

.

.

204

800
436 101.800
50C
721 94.400
685 183.000 1,100
900
1,28 159,400
881 122.000

1,200

95

1,100:109,400

600

I

299

5.1141770.000

daily deliveries given above are aotaatly delivered
Vloaa to tliat on wliioli tliey are reported.

Ihe

tlie

5.100

day pre-

are shown by the following comprehensive table. In this statement wiU be found the
^ily market, the prices of sales for each month each day, and
•fke closing bids, in addition to th» dailr and total sales.

The Salr? ato Pricb3 of Futcees

11-81
E Includes for Oetobcr. ISSl. 100 at 11-83.
K Includes for October. 1881. 100 »t 11-83.
t^.^,m
SO. TaeMUr.
Monday,
85
Transferable Orxlcrs-Sntiirday.
12 03 We<lne8day, 11-95: Thursday. 12; Friday. IIW).
: *}«»d«T,- *
Short Notices for December-Saturday.
tl.tS*
V 7 FrtiUjr,
11-95;
11-72- Tuesday, 1179: Wednesday. 12: Thur»da.T,
ll-93,'ll-»2, 11-89.

U

;

U

IWl

;

I

Total

botober, 100

*?T**V,„
The following exchanges have been made ^""^
48 jxl. to eioh. 1,000 Deo. for Mar .
•52 i)d. to exoh. 1 .0^0 Jan. for Apr.
16 pd. to exoh. 100 Deo. for Jan.
Th« Visiblb Scpplt of Cotton, as made up by eabte and
th« flffure*
telegraph, is as follows. The ConUnentU stocks ar«
I

I

—

.

THE (^HRONK.XE.

656

id last Satordaj, bat the totals for Great Britain and the afloat
for the Continent are this week's returns, and consequently
broueht down to Thursday evening; hence, to make the totals the
complete figures for to-ni^t (Dec. 17), we add the item of exports
from the Uiut«d States, including in it the erports of Friday only:
1880.
1879.
1878.
1877.
bales. 426.000
3rt6.0OO
ttook at Liverpool
333,000 338,000
38,700
42,664
53.000
16,230
Stock at London
Total Great Britain at-KSk

464,700
97,000

408.GGI
47,560

Ettock at Maracllles
Stock at Barcelona
Btock at Haminirfr
Block at Bremen
Block at Amsterdam
Stock at Rotterdam
Stock at Antwerp
Stock at other couti'atal ports.

6,800
33,300
2.300
20.000
9.900
5,000

1.213
6.356
1,800
10,160
13,500
1.360

5,930

1,358

Total continental ports....

181.131

83,307

130,250

225.500

645,831
51,000
620,000
Egyi)t,Brazil,.tc.,afltforE'r'pe
43,000
Block in United States ports .. 920,593
Block in U. S. interior ports... 171,181
United Strtes exports to-day..
24,000

491.971
79.719
675,085
47,626
809.498
203.186
18,000

522.250
59.000
658,000
13,000
761.079
175.107
17,000

579.750
38.000
491.000

BtookaCHavre

981

Total European stocks.. ..
India cotton afloat for Europe.
Amer'n cotton afloat for Eiir'pe

Total visible supply

386.000
77,750
1.500
8 000
2.500
5.750
23.250
6.750
3,250
5,500

354.250
112.2S0
3.750
34,250
6.500
30,750
21,000
8.0<0
3.230
5,700

The above totals show that the old interior stocks have increased during the week 14,226 balas, and are to-night 29,005
bales less than at the same period last year. The receipts at
the same towns have been 2.252 bales less than the same week
last year
Receipts from the Plantations.—The following table is
prepared for the purpose of indioatingthe actual movement each
week from the plantations. Receipts at the outports are sometimes misleading, as they are made up more Urgely one vear
than another, at the expense of the interior .stocks. We reach,
therefore, a safer conclusion through a comparative statement
like the following.
In reply to frequent inquiries we will add
that these figures, of course, do not mclude overland receipts or
Southern oonsumptien; they are simply a statement of the
weekly movement from the plantations of that part of the crop
which finally reaches the market through the out-ports.
RECEIPTS PROM PL.iNTATIOSS.
Week

1878.
1..

132.463
24,000

8..

15..
23..

sa..

follows:

Not.

Amtnean—
American afloat

for

321,000
104.000
626.000
920,593
171,181
24,000

Em'ope

United States stock
Untted States interior stocks..
ed States exports to-day.
.

Total American

East Indian, Brasit, dc.
LivoBpool stock

202,000
96,000
638,000
761,079
175,107
17,000

174,000
170.000
491.000
823.098
132,463
24,000

2,166,774 1,987,669 1,909,186 1,814.561

—

105,000
35,700
77,131
51.000
45,000

Lfndon stock
QonSmeutiil stocks
India afloat for Europe

Bgypt, Brazil, &c., afloat

&c

T»t»l East India,
3»tal American

250,000
34,000
675,985
809,498
200,186
18,000

116,000
42,664
49,307
79,719
47,626

131.000
53,000
40,250
59,000
13,000

164,000
16.250
5.'^.500

38.000
46,000

316.831
335,316
296.250
319.750
2,166.771 1,987,669 1,909,180 1,814,561

Total visible supply
Price Mid. Upl., Liverpool

2.483,605 2,322,985 2.203,436 2,131.311
613,5a

6i3i8d.

....

5ii6d.

1879.

Stock at Interior Ports Rec'pln from Plnnt'ns.

1880,

1878.

1879.

1880.

1878.

I

1879.

1880.

I

823 093

2,483,605 2,322,885 2,205,436 2 131311

Liverpool stock
Oontiuental stocks

Receipts at the Ports.

ending—

4H.Of;0

Of tbe aoove, the totals of Ani#'icun and other descriptions are as

[Vol. XXXI.

"

6..

12.,

"

19..

"

SO..

Dec.
•

3..

10

"

,

17

130,900 102,303 172.221 47,208 52,20; 78,733 140.336 ITsi
,736 189,947
148,158 169.108 189,094 5S,*>23 03,913 103,036
IB0,773J186,,114 223,445
100,238 181,714 210,387
Sl,227 121,895 180,007 194 ,02b|22»,176
162,230 211,461 230.341 97,8X7 »j,9«3 152,7(;5 180.5261229,,2V T)
207,211
157,280 245,813 254,8.<<0 115.n.^» llS.ISa 179.670 174.427 265.
2S1,711
I82..S<4 225,057 231.768 149,498 133,905 204,759 2n,3as;243,
276,651
178.004 230.816 215,842 I < 1,383 1.87,126 227.135 201 ,088 '273,
238,218
181,376 218,40S| 258,618 188.491 218,908 342,328 193,284 250,
271,809'

2iD,77T
1S4,825J 349.152,!205,19-.> 206,912 264,183 247,911 202,040,294,
220,748 218,187 2:8,341 230.280 287,100 248,885 851,110:239, 0«3 21P,205.
220.291 2»1,87«''343,137 239.129 317.468 2B5.276J 243,140 205,
259,648201,882 218.9D7' 338,400 280.9S7 S43.50:t 294,224! 228,7102a, 235J

The above statement shows
1. That the total receipts ftom the plantations since Sept. 1 in
1880 were 3,292,965 bales; in 1879 were 3,141,150 bales; in 1878
were 2,651,460 bales.
2. That the receipts at the out-ports the past week
were

238,490 bales, and the actual movement from plantations 207,4aS
bales, the balance being added to stocks at the interior ports.
Last year the receipts from the plantations for the same wfeek
were 244,942 bales and for 1878 they were 226,710 bales.

G^ieH.

Weather Reports by Teleobaph.—There has in general been
an increase in the cotton in sight considerable
improvement in the weather conditions the past
to-night of 160,620 bales as compared with the same date of 1879,
week. Rain has fallen at many points, but at most it has been
an increase of 278,169 bales as compared with the corresponding
inconsiderable in amount.
date of 1878, and an increase of 349,294 bales as compared with
Galveston, Texas. The weather during the week has been
the corresponding date of 1877.
warm and dry. Picking is progressing finely, and roads are
In the preceding visible supply table we have heretofore only
greatly improved.
Average thermometer 63, highest 72 and
included the interior stocki at the
The above

figare-s indicate

—

seven original interior towns.
As we did not have the record of the new interior towns for the lowest 49.
Indianola, yexa*.— There has been no rainfall during the
four years, we coald not make a comparison in any other way.
Picking is making good
That difficulty no longar exists, and we therefore make the fol- week, and roads are drying fast.
progress. The thermometer has ranged from 50 to 74, averaglowing comparison, which includes
the stocks at the nineteen

towns given weekly in our table of interior stocks instead of only
the_ old seven towns.
We shall continue this double statement for
a time, but finally shall simply substitute the nineteen towns for
the seven towns
the preceding table.
American—
1880.
1879
1878.
1877.

m

Liverpool stock
Continental stocks

American

afloat to

bales

Europe

United States stock
United States interior stocks..
Wiiited States exports to-day..

Total American
East Indian, hruztl, tfc—
Liverpool stock
London stock
Continental stocks
India afloat for Kuiope

Egypt, Brazil, Ac, afloat
Total East India, &c
Total American

321.000
lOi.OOO
626,000
920,593
294,221
21,000
2,289,817

103,000
38,700
77,131
61,000
45,000

250,000
34,000
675,9d5
809,498
343,303
18,000
;

202.000
96,000
658,000
761,079

174.000
170,000
491,000
823.098
226.559
24,000

2'iO,957

17,C00

!,130,986 2,015,036 1,908.637

116,000
42,664
49.307
79,719
47,626

131,000
53,OOJ
40,250
59,000
13,000

164,000
16,230
55.300
38,000
46,000

316,831
335.310
296,250
319 7.30
2,289.817 2,130,98o 2,015,036 1,908,037

Total visible supply

2.606,618 2,466,302 2,311,286

At the Intkeior Poets the movement
the following statement:
Week ending Dee. 17,

'80.

is set

2^8,407

out in detaO in

ing

63.

Corsieana, Texas.

—We have

had no rainfall the past week,
Roads better and movement resumed,
but railroad transportation facUities are very deficient. Average
thermometer 54, highest 71 and lowest 39.
Dallas, I'exa^. There has been no rainfall during the past
week, and picking is progressing finely. Roads greatly improved.
Farmers are in great straits, as cotton picking, corn gathering
and wheat planting are all in arrears, and labor is deficient. The
thermometer has averaged 53, with a range of from 40 to 71.
Brenham, Texas.—We have had warm, dry weather during
the week.
Picking progressing, but much cotton has been
already lost, and much additional will never be picked. Roads
better, but still bad.
Farmers have not yet been able to gather
corn, which is injured somewhat.
Average thermometer 61,
highe.st 73 and lowest 42.
Wtico, 2'ea;fls.— No rain has fallen during the week, and picking is making fine progress. Roads greatly improved. There
and picking

is

progre.ssing.

—

are large accumulations at railroad depots, but transportation
facilities are inadequate.
There is great complaint of deficient
farm labor. The thermometer has averaged 59, the highest being
71 and the lowest 39.
New Orleans, Louisiana. We have had rain on three days
the past week, the rainfall reaching fourteen hundredths of an

—

Week ending Dec. 19,

'79.

The thermometer has averaged 59.
Shreveport, Louisiana. The weather during the week has

inch.
Reeeipts. Shipm'ts

Augusta, Sa
Columbus, Oa

Sloek.

Receipts. Shipm'tB

Stock.

6,269
5,582
2,057
5,742
5,522
24,802
3,262

6,202
3,416
1,269
3,091
4,673
16,922
3,407

20,848
23,397
8,045
13,732
9,722
81,293
14,142

8,432
5,220
2,002
4,860
5.538
26,330
2,506

3,802
3.163
19,004
3,697

Total, old ports.

53,236

39,010 171,181

55,488

37,130,200,186

Dallas, Texas....
Jefterson, Tex...
Bhreveport, La...
Vlcksburg, Miss.

3.527
2.421
4.829
5.784
2,443
3,116
1,200
5,S66
6,113

Macon, Ga
Montgimery, Ala
Belma, Aia
Memphis, Tenn..
Nashville, Tenn .

Columbus, Mies..
Eufaula, Ala.
Qilffin.Gs.*
Atlanta, fja

1,851
1.385
3,621
6.004

508

5,597
3,414
8,081
7,184
6,079
3,560
2,600
17,659
17.157
1,040
34,078
15,994

2,178

4,924
1,540

998

3,532

14,087
18.785
0.499
10,354
16.873
114,620
12.762

2,931

750

750

400

5,361
7,728
2.299
1,560
1,667
4,936
4,360

2,360
5,932
1,898
1,935
1.904
4,805
5,012

8,34

1.4-18

23,602
12,710

19,782
11,170

14,413
7,980
4,815
3.138
3,185
12,237
10,002
1,752
67.2:5

Cincinnati, O....

12,998

2.326
1.393
5,402
4,013
1,453
16,547
8,961

Total, new p'rts

68,186

53,464 123,013

67,505

59,828 143,317

121 422 92,474 294.224
This years flBiu-eg estunated.

122,993

96,958 313,503

...

Kcme, Ga
Charlotte, N. C.
Bt. Louis,

Total. «)1
•

1,493

.

Mo....

1

8,;i94

15,18:1

—

been fair to cloudy and dry, the thermometer ranging from 34 to
Roads are now in an excellent condition.
75, and averaging 54.
Vicksburg, Mississippi. Telegram not received.
Columbus, Mississippi. Rain has fallen during the week ou
four days, to a depth of one inch and forty-nine hundredths.
Average thermometer 50, highest 70 and lowest 30.
TAttle Hock, Arkansas. Saturday, Wednesday and Thursday of the past week were cloudy, with a light rain on each day,
and there is a heavy fog and mist prevailing now. The balance
of the week has been clear. The tliermoraeter has averaged 47,
ranging from 22 to 66, arid the rainfall has reached twenty-six
hundredths of an inch. The rainfall last week was was eightyfour hundredths of an inch, instead of four hundredtns as

—
—
—

printed.

—

Nashville, Tennessee. Rain has fallen during the past week
on three days to a depth of ninety.hundredths of an inch. The
thermometer has ranged from 18 to 61, averaging 42.
Memphis, Tennessee. Telegram not received.
Mobile, Alabama. The earlier part of the pa.st week was
clear and pleasant, but it has been showery three days the latter portion, the rainfall reaching twenty-three hundredths of an
inch. Average thermometer 55, highest 71 and lowest 31.

—

—

:

DECBunER

THE CHRONrcr.E

18, 1880.J

65T

—

Montgomery, Alabama. It has rained on five days, the rainIn North Carolina 43 countiM report an InoretM* in tb« erap
reacning one inch and forty-two hundredths, and iis s'ill as compared with iMt year ef U p«r cent Oooib
C»folli»«, 18
j
raining; the balance of the week was cloudy. The thermometer counties arerage an increase of 9 per
oent Qeoi^ia. S7 eooatlca

fall

has ra iged from 27 to 73, averaging 5.S.
Selma, Alabama. Bain has fallen during the past week on

—
three days.
Madison, Florida. —Telegram not received.
Macon, Georgia. — has rained during the
It

—

56.

;

;

week on three

days, the rainfall reaching one inch and fifty-six hundredths.
The tliermoiuBter has rangi^d from 34 to 70, averaging 54.
Columbus; Georgia. It has rained severely on two days the
Sast week, the rainfall reaching three inches and forty-five hunredths, and much damage has been done. The thermometer

has averaged

i

an increase of 5 per cent ; Florida, 14 eoontir* an Increase of 7
per cent Ahibama, 27 counties reporting mak« a ducreaae of
12 per cent
Misulwiippi, 35 counties rep.jrtiog arerace
a

—We

Savannah, Georgia.
have had rain on two days, the
two inches and nine hundredths, but the balance
of the week has been pleasant.
Average thermometer 53;
highest 73 and lowest 29.
Augunta, Georgia. During the earlier part of the past week
the weather was clear and pleasant, but the latter portion has
been cloudy and sultry, with light rains.
Crop aaconnts
unchanged. Planters are sending cotton to market treely. Average thermometer 50, highest 69 and lowest 26, and ranifall
rainfall reaching

—

twenty-two hundredths of an inch.
Charleston, South Carolina. We have had rain on three
dags the past week, the rainfall reaching forty-eight hundredtlis
of an inch. The thermometer has averaged 53, the highest
being 68 and the lowest 28.
The following statement we have also received by telegraph,
showing the height of the rivers at the points uamea at 3 o'clock

—

decrease of 17 per cent ; Louisiana. 18 eonaties reportiur,
»
decrease of 15 p«r cent ; Texas,
counties tvportinc irire aa
average increase of 80 per cent ; Arkansa*. 83 eoaattaa npoHing average a decline of 7 per cent '" nnnMii.
MoatUa
report an average decrease uf 15 per cent.

M

;

M

Corws ExcHASuB UEP.)aT;i f.)r Dk>;b)ibbs.— W« pablfaib below
the Cotton Exchange condition reports for Dec, 1:
Norfolk DrpartmrnL
Tlie Nrirfolk Cotton ExcUniiicn, tlirniixli ilieirCoDiiulitMan
Infiinastlna
auil Htatlatlrit, coiii|>o»o<l ut
IxiiiU llllllunt, W. I>. ItouMtraa aa4
J. C. Maxluiun, Iwum tint followliiK raiiort, ouvxrlun tbe aial»
tf
rirainla and tliu fiillnwIiiK C'»i>i(jn> (u fforik Darotmn: KallMirtaM.
I.luuolu, (Jutawha, Kuwaii, Duviilmiii, Irodnll, Uurke, WllkM, CMdwaiT
AluxandRr, Uavlo. Koinitln'. Yailkiii, htokrai. Siirrry, Kocklnnbitw'
Canwell, I'urwHi, Uranvlllu. Wurrrii. Fniiiklln. Nanli. Makr. Ilyilo. Mtt
(irceu, Cartari't. Cravni. Il.'aiiriirt. Tun-1. WjMlilnirtoei. MarUii, linrtte
Chowan, Paxciuotauk. Caiuilnii, CiiiTltiick, UaUx, II»rtrunl. NurtliuiiDtOB
'
and Halifax.

New

North Carolina and Virginia.—32 replio* from 32 counties.
Thirty Hiovcu rciill«« show that the wralher hax bren ravitrabln fmn
the lat t<> tlio 15th of Novuinbcr. Fi-oiii the Iftlh to the 3(nh nf Sntrta
b«r 14 show niifivorabie woathrr, one i|iiltn favnrablr. Hlxty^ielit
replies show leM rnvurable weather than laJit year, 4 IniIIit wnatliar and
10 the same weath t aa laat year. The nrerave of tlm ^i ri-|i|ie4 ahow*
that 8S per cent of the crop ha« been plck-d and wlih Kood weather Ik*
balance could he picked by the 15th or '-(Ith of Den^iiibcr. Kifiy-tbta*
replies show ail avrratie liicrcaseof 11) |wr reul, Sadionume uf 21 iwr
<^ent, 12 the saniu jicUd as last year, and 2 a wane ylaid than
Little or no dauiai<u h;i8 Ih>i>u done by froat. An arerana of thishows that 74 per ci'iit of the rrop has been marketed. TlM r^
oato that die tine weather lu 8«|iteiiilMT and 0<^to)wr nnablml
make K»od progress In KatberliiK the erop and that iiavrd p
Istof November is of |{.)od (luallty aud staple
Mliici .Sovi:i
there has l/eeu little or uo plukiiiK done lu o inseqitunce of w,
weather. Should wet or colil weather continue much of
remuiulng uni^i^tlicrcd will be lost.

CoTTOS Crop EsTisiATEa.

covers the State of South Carolina, and is propamd and Istnnd b^ tbe
CliarUvston Cotton ExKliani;e, tlirouj^h their Ciiiuinlttee oo InfomutUoa
and statistic.'*, composed of A. Nordea, Chalrraau, R. D. Mure, K. WlUle
and L. J. Walker.

December

16, 1880,

and December

18, 1879.

Dec. 10. '80.
Feet. Inch.

New

Below high-water mark .
8
Above low-wuter mark... 23
Above low- water mark...
8
Above low-water mark... 14

Orleans
Mompliia
Naahvlile
Bhreveport

.

Dee. 18. '70.
Feet. Inch.

'^

11

u

1

2'{

o

2:<

4
11

10
10

I

20

AboTelow-tvater mark... 2!)
5
8
Orleans reported below high-water mark of 1871 until
Sept. 9, 1874, when the zero of gauge was changed to high-water
mark of April 15 and 16, 1874, which is 6-lOths of a foot ibove
1871. or 16 feet above low-water mark at that point.
Vlokgburi;

telegraphic summaries of

— At

the close of last week we had

the Cotton Exchanges' November

condition reports, and this week the Agricultural Department's

cotton report

The

issued.

is

full

of the returns to the

te.\t

Cotton Exchanges we give to-day in another column, and also
furnish our readers with the entire statement issued by the

Agricultural Department.

That our readers may have before

them the

by each of these

results reached

The

we have

reports,

column

is

the actua

production of each State for the year ending Sept.

1,

1880.

prepared the following table.

first

Of

course this division of last year's yield between the States

does not pretend to be accurate (as
it is

to

is

largely estimate), but

near the actual result to furnish a safe basis

sufficiently

upon which

it

work out

Exchanges do not

this year's percentages.

yield with deflniteness,

As the Cotton

the increased or decreased

in general state

we have had

to

use our discretion in

Aclnnl

Agricultur'l Bureau.

Cotton Eichanges.

Ko. Carolina..
So. Carolina..

Oeori^a
Florida

Alabama
MUsiseippi
Louisiana

Texas
Arkansas
Tennessee
All others

Total

Per

Bales.

CI.

200,000
400,000
710,000
102,000
650,000
720,000
695,000
900,000
770,000
400,000
150,000

Ill
109
105
107
88
83
83
130
93
85
100

228,000
436,000
745,500
173,340
572,000
597,600
590,750
1,170,000
716,100
340,000
150,000

5,757,000

....

5,719,290

The foregoing shows that according

to

Bales.

Ct.

Ill
102
100

lOO
88
80
76
120
80
69
100

222,000
408,000
710,000
162,000
572,000
576,000
528,200
1,030,000

616,000
276,000
150,000
5,300,200

the Agricultural

season's crop will be 5,719,290 bales,

Department

this

according to

the Cotton Eichanges

it

'

i

Charleston Department

South Carolina.—55
The reports

replies

from 28 counties.

weather all ajree aa to Ita barium been very wet and nnfavorable, and they also8tate,wltliout exoeptloa,
that it has been less favorable than the same time la.it year for gatberinp: tbe erop. The proportion of the crop i>lcked up to the 1st lott. la
reported by none under thrce-fmirtlii, by most seveD.elKhth>, and by a
few nearly all of the crop is stated to have been picked. All ezpoot the
last of the crop to lie picked diii'iu)( Uei'eiuber.
fhe yield, as rompared
with lastycai-, is estimate 1 by live to b(> 20 percent, !iy eleven 10 per
cent, and by eleven 5 per cent more, by fourteen about the same, by reveo
10 per oent, and by seven 15 per cent Ics.s. .Mimit half report that lltUa
oruodamaKC has iioen dune liy frost, while tbe otber half atste tliM
nearly all late cotton has been partly or wholly dnstroyiid. Ralohaa
damaged the uug ithered crops more than frost, and from this o^uae most
of tlie nnnpeiied bolls will rot.
1 hose rciMirtlnt; an iiicnutw in the yield
do not estimate that it will be as groat as last voar per a4<,re, but atiribate
it mostly tu iuerease in acreage plautc<l anif greater use of fertUizen.
Tho proporlion of tbe crop thai has been marketed la eaUmated et (roB
a1>ont the oharaoter of the

75 to 90 per uout.

Savannah Department.
This report covers the Slnte of Ororgi'i and the State of Florida. The
is prepared and issued tiy the Savannah Cotton Exehanjco, through
their Committee on liiforiuatioii and HtJttistlos, composed of J. H. Johnstou, Clavius Phillips, J. J. Wilder, L. U. Young and F. M. Farley.
report

—

Georgia. 78 replies from 53 counties.
The weather was raiin- throughout the month, and was

far lea* favor-

in the linlls to rot. About three-foartba of that
gntliered has liccn marketed. In tho southern iwrtion of tbe State
reports ropreseut an iuerease of pro<liietioii over last year. This la about
lost lu otlior sections, so that even taking Inoreaaed acreage Into
account, the yield of this Stitte will hardly exceed that of lost year.

unmatured cottnn

187U-80.

Per

i

last year. Three-q'iurtcrs to seven-oighttu of the crop hue
been gathered. That remaining in the^ Holds Is in very i>oor condlttoB.
Nothing is expected from the top crop, wet and frost having caused the

Estimate for 1S80-S1 of the
Productioyt,

^

able than

determining the meaning of their percentages.

States.

I

and

will be- 5,300,200 bales.

—

Floriilo. 20 replies from 9 counties.
There was rainy weather throughout the entire month. Seven eighths
of the crop is reported ga hereu, ami tl»rec-<iiiart<'rs markete<l. The
outturn will not vary much from last season, which was rather a [wor
crop. The yield promised well ia August, but worm<, rust and then
storms and continued rains have materially <^ut off thu prospect. The
sea island crop has been affected by bad weather like the upland,
ricking is nearly ttuishcd. Some localities report a daoreaae from last
year, while otliers a slight Incroasu. The result, however, will be abeat
the

follow-

ing statement, showing the extent of the cotton crop, was
issued by the Department of Agriculture December 15:
There is a decline in the return of December 1, compared
•with that received November 1. The continuance of rain and
the very cold weather in November lowered the estimates of
the States bordering on the Mississippi River. The following
is a summary of the reports for th4 month by States

as last year.

Mobile Department
covers the Slate of Alabama as far north as thesnmmltof thaSaad
Moiintains, and tho foliiiwlng Counties in Slistissippi: Wayne, Qaik.
Jas|>er, Laiidcnlale, Newton, Kemper, Neshoba. Nehaboe, Whisten,
lyowndcji, Oktiblicha. Clay, Monroe, Cbic.-isaw, Itawamba, Lee, Pontotoe.
Tlie report la prepared and lasned by
Preiiti«.<. Alcorn and Tisliamingo.
the Mobile CottouE.vcbange, through their Committee on Information
and Statistics, composed of T. K. Irwin, Chairman, JaUus Buttaer, 8.
Hajis, O. Thos. Cox and O. L. Hopkins.

Alabama.

—

41 counties, 59 replies.

The weather during the month of Noveiulwr was cold and rainy, sod,
as compared witli la.it year, le-is favorable for tratherlog tue crop. About
an average of 87 per cent of tho crop has been picked, ami all will lie
gathered about the niidille of December. The rlcM, asoumpared with

e.itlmated in 27 of the most productive counties at an averSome of these counties report an Increased
cent less.
yield of from 5 to 16 per cent, nnd others a decreased yield of f>0 per
cent. In the poorer counties the yield is estimated at 8 percent leaa.)
The Injury from frost was slight, tho oontlnning cold rain d irng lae
damage. It is estimated that about 65 per cent of the crop has beea
liist

The Cottos Crop—Aqmcultl'r.vl Department.—The

seme

year,

is

age of 17

i>er

(

marketed.

Mississippi.— 20 counties, 30 replies.
The weather in this State h.is been the same as in Alab.tma and leas
About 80 jHsr cent of the crop hat been
favorable than l.-v«t year.
iitt^ed, and all will be gathering between the middle and laat of Decent-

—
;;

.

IKE

(558

(

HRONICLK.

from 50 to 85, averaging 66 per cent gathered; completion when
weather permits. Tietd—la reported at about same to 30 per cent less,
averaging 11*2 per cent less than 1879. Frost Damage — None reported.
Crop Marketed— 20 to 75 per cent, averaging 40 per cent of crop
Miscellaneous— Labor much discouraged
reported and marketed.
many a(>andoned cotton, seeking other employment. Much complaiut
of destruction of cotton by cattle and hogs.

year.
averaife yield is ostlmuted »t 11 per cent le«« than last
one poor county report an
of the most productive couutU-8 and
damage from frost was sligUt. About 57 per cent of the
S"i^2e
crop Is reported as liavlng been marketed.

The

ber

(Two

)Tui

Jiiow

part of

Orleans Department
<^ Mississiiipi not apportioned to the

Mem-

jSisandMohileCotteuEicbanKes; the cnUre Sta/e o/Louttwna, ad
aver. The i-ei>oit is preIheSMc of ^rA-««««« Routb of the Arkanoae
their
pared and issued by She New Orleans Cotton ExeUjm«e,tbrou«b
A. G»)n,
Couuuittce on luforiuatiou and Statistics, euiuposeU of Wui. Lawson,
John
McUebee.
Scott
I'eale,
W.
A.
CliaJTman, W. H. B»wcott.
E. M. Hogan and J. P. N. ISaquic.
Lonlstaiia.—U3 replies from 34 parislies; average date
covers

tliat

November

llie A(.<(<-

AGGREGATE— (125

—

responses.)

Weather for Xovember All report almost continuous rain, snowor
and unprecedently cold for Novemiier. Compared with same
month, 1879, all report very much less favorable, owing to excessive
rains, snow and cold weather. Crop I'icking—ls estimated at from 50 to
90 per cent oimplcted, averaging 03 per cent. As to consummation
of picking, 110 give indefinite time, preuicated upon the future weather
15 mention from January 1 to March 1, with proviso of good weather.
Tield—llG report 10 to 50 per cent less 9 ku inciease of 5 to 33 per
cent, averaging 23*4 per cent less per acre than less j-ear. Frost— lOX
report no daugir liy frost; 24 a damage of 1 to 10 per cent, averaging 1'4 per cent damage. Crop Markeltd—'Ihe proportion of crop
marketed Is variously est imatcd at fr jm 25 to 76 per cent less, averaging 46 per cent. JfisccHaiieoK*— Under this head there is much complaint of laborers deserting their cotion fields for other labor; thatmuch of the cotton yet in the field has not opened and is seriously
rotting. There is uo complaint of cotton falling out by reascpn of bad.
weather, but wheri wild stock break in (both cattU' and liogi.) there
has lieen much damage resulting, and from general tenor of correepondeute your committee believe this has been serious.
GrUNNY Bags, Bagging, &c. Bagging continues to move only
in small parcels, for consumers' wants, and even this demand is
slacking up. This is only to be looked for at this season, and
but little increase can be expected before the new year. Prices
are rather easy, and a round lot could be obtained at a low
figure.
For small parcels buyers are paying 9^c. for 1/4 lbs.,
10@10%c. for 2 lbs., and llM@ll/2c. for standard qualities.
Butts are also in the same position, and l)eyoud a light jobbing
inquiry there is little of interest to note. Holders are not
pressing goods, and are quoting 2%@2/4c according to grade,
but there are some sellers who are willing to accept a shade
below, and a few small lots are reported as having been taken
at 2;!^c.
sleet

;

30.

Without an exeeptton our correspondents reiJort bcavy and continual
Tberc has been
rainfall throufiliout the n>«utb, witli damiiging reKults.
only live to six iiickinK (lay* duriux tlie month. In tJie northern iwrtion
of ihe Stale c«n«i Icrable sleet and snow has faJJeii.
Weather as compared with last year decirtodOj- JcRS favoi-ablc for
iratUcrinit crop. The avcraise portion of crop pScied is 70 iier cent.
The date when reiuiiindea- of ciop will have boeu Katiu-r.Bd deiieuUs
entirely on the omdiaoii <Kf the weather f roiu this liiue ou.
The vieldiiei- acre aw .ooriipared with last year is rep».rte.d to be 32^1
per cent less, except in the parishes of East ilatuii liuujie and tao
Feliclanas, whicii report an ii»ereasc of 15 lier cent.
Damage by frost 8ll(;bt.
^
. .,
»j
There has been on an average oO per cent of the *i-op marketed.
Ckimplalnts of heavy iiw^ from cotton rotting and srasaag in tbe field'*.
into
fields
cattle
har«
broken
w-eatiifr
ha«I
During the eontlniied
doing considerable daaiase by eating and knocking cotton out of bolls
,

Mississippi.—35

vember

lVol. XXXI.

e!>iLB.tte»,

137

replie.s

;

average date No-

30.

Is generallr reported as extremely uofavorablo for
Owing to excesnive heave rains during the entire
been ouily a few days' picking, and, as compared
has
there
month,
with last year, decidedly less favorable. Ther.i has been an average
of 72 per cent of the crap pieied, and much will depend on the character of the wearher as t» when the remainder will be gathered. The
yield be acre is reported te l>e 32 per cent less than fast year. Thu
damage by frost Is slight. About 52 per cent of the crop is narketed.
We have universal complaint «f great damage from snow, sleet and
cotton rotting in the Held«. The bottom lands have bc«n generally
overflowed, and much of the open cottmi washed away and ahandoned.
ArljaiiSiis.— 136 replies from 32 (of 34) counties; average
date November 30.
The wcalher h.is bi'cn extremely uufavonable excessive, continuous
rains, with iicavv sleet, snow and ice have prevented the gathering
of the crop and li.ive damaged it to a great extant. A comparison
with last Kiason is needless, ao nisiiiy reports show from two to five
diiys only as tit tor H ild work dii iug the month. Sixty-three per cent
of the crop Is picked, a'ld it (iipcud^ on the weather as to when it
will be finished. The yield per acre is 2!l per Kent les< than last j-ear—
in all tlie counties except in 8eltasti:«ii c^muty where, if it can be saved,
the yield will be the same. Xo special damage by frost is reiiorted.

The weather

irathering the crep.

—

—

Galveston Ueiiartment
covers the Stale of Texas, and was prepared and issued by the Galveston
Cotton Exchange', throuicli their e.nuruittec *»n Information and Statistics,
composed of ,1.1). Skinner, Chairman, 11. Dreier, T. J. McCarty, J. M

King and Cha.=i. Kellner.
Texas. 121 answers from 87 counties.

—

1. All correspondents report the weather, since Nov. ] wet and unfavorable.
2. All but two report the weather less favorable than same time List
year.
3. 0:ir rPi>liP8 indicate a saving of 75 per cnnt of the crop, and the
gathering of tlie remainder depending upon the weather from now on
4. Ten esfniate the yield greater than last year; 18 the same; 4 less;
89 show an av(!ra!:e increase of 20 percent.
5. Sixty-one report no damage by frost; 27 report some damage by
Jtrost; 83 report an average of 18 per cent damage b.v frost.
6. The proportion of the crop maiketcd is estimated at 5S per cent.
Man.v of our correspondents complain of rain, cold, cleet and snow during the month of November, which interfercil with outdoor labor.
,

Memphis Department
covers the Statt of Tennessee west of the Tennessee River, and tlie fol
Mississit>i>i: Coahoma, Panola, Lafayette, .Marshall
De S^oto, Tunica, Benton and Tippah, and the Stale of Arkansas north of
the Arkansas Kiver. The report is prepared and issued by the Memiihis
Cott<on Exchange, through their Committee on Information and
Statistics, composed of Samuel M. Gates, Secretary and Supeiintendeiit,
H. M.Weely, Chainnan, 11. C. Hampson, T. H. Hartmus, II. F. Rose, H.
FurstatUeim, W. A. Gage and J. C. Johnson.

lowing Counties

m

yfeet Tennessee.— 43 responses.
Wealhtr.—\ll report the weather for month of November almost without precedent for continued rains, snow or sleet 1!» mention tliat here
hail not l»B'5ii over four to live days imermlsslon, and that these days
were cloudy and cold. Compared wilh Xorember, 187'J— All rciiort very
much less !f«,voraliIe, owing to continued wet weather. Crop ricldng—
Is reported^ variously, from 50 to 80 per cent oompleted, avei-agiiig 7012
per cent 31 report will lie completed when weather admits S) only
venture to n»JKe months, and these qualify by saying if weather admits.
rie((J— The ylejd per acre is estimated at from about same to 50 per cent
less, averaging 31 per cent less. Frost Damage— 7 report damage by
frost at froin 1 to 10 percent, 3U report no damage average thiee-Quarters of 1 per cent. Crop if a(*e/erf— Estimates range from 37 to 70, averaging 52 per cent of crop marketed from plantation. Miscellaneous—
See aggregate.
;

i

;

—

COMPABATIVB PoET RbCBIPTS ARD DaELT CROP MOVEMENT.
1878,

1879.

1880.

1876.

1877.

1875,

rot.NT.30 2,433,297 2,164,407 1,757,34;! 1,499,517 1,813,520 1,519,509
8.
Deo. 1....
52,479
21,337
26,617
30,824
22,812
" 2....
39,978
29,216
30,886
8.
21,0i!9
26,301
" 3...
40,894
28,110
S.
48,897
40,703
20,856
" 4 .
23.532
25,675
44,873
30,346
27,179
35,581
'•
49,608
30,938
8.
31,662
8.
5...
20,706
" 6...
36,0J6
58,291
63,166
36,219
32,325
30,511
" 7....
8.
25,563
24,767
36,174
26,111
29,087
" 8....
8.
43.236
29,263
33,072
26,812:
22,781
" 9...
34,502
58,561
20,9
jl
25,055
8.
22,943"10...
29,693
37,914
8.
25,91859.133
47,969
" 11....
30,830
33,161
42,863
35,816
20,38541,993
'•
50,014
30,614
12 ...
25,895
29,247
8.
8.
37,731
46,02
4
"13....
29,426
30,011
42,522
49,512:
" 14....
26,923
S.
31,300
33,977
30,650
30,83*
" 15....
8.
45,231
32. 80^
35,612
33,332
35,69*
5210-i
" 16....
30,41'J
8.
2 J, 179
40,452
26,682:
" 17....
32,588
33,308
50,32J
S.
49,541
31,592;
3,019,634 2,73.1,02.1 2,283,972 1,959,90:^ 2,-i53,747 1,955,062;
Total
Percentag e of total
51-62
51-35
4>-10
5.-)-81
46-65
p'rt rec'D ts Dec. 17

This statement shows that the receipts since Sept. 1 up to
to-night are now 287,659 bales more than they were to the same
day of the month in 1879 and 735,712 bales more than they were
add to (he table
to the same day of the month in 1878.
the percentages of total port receipbi which had been received to
December 17 in each of the years named.

We

India Cotton Movement from all Pouts.— The figures which
are now collected for us, and forwarded by cable each Friday, of
the shipments from Calcutta, Madras, Tuticorin, Carwar, &c.,
enable us, in connection with our previousU--reet;ived report from
Bombay, to furnish our readers with a full and complete India
movement for each week. We first give th'i Braibay statement
for the week and year, bringing the iigure.s down to Deo. Iti.
BOMBAY RECEIPTS AND 8HIPWKSTS FOK COUR TEARS.
Shipments

;

Brit'n.

Shipments since Jan,

this week.

fear Great Contlnent.

^olal.

Great
Britain

Continent.

1.

Total.

Receipts.

This
Week.

Since
Jan. 1.

;

Nortli Mississippi.— 40 responses.
The weather and comparison with November, 1879, is reported the
Bame throughout this entire department, as given for West Tennessee.
Crop Picfciwi?— Estimated at 50 tv 90 per cent completed, averaging 64

percent; 29 report will be completed when weather admits- 11 give
dates from January 1 to February 1, with proviso that weather permits.
ri'cW— Estimates of acre<age yield range from 10 per cent increase to 50
per cent less, averaging 24% per cent less than last year. Frost Dam
«ge— Comparatively nothing, (frop JrarA-e(crf— Estimates range from
2o to 66 per cent of crop marketed, averaging 42 >a per cent, Miteellaneout— Sec aggregate.

Arliansas, Nortli of Arkansas Kiyer.—42 Tesponses.
Weather and Comparison— Bee above. Crop Picked 0«(— Estimates
range from 40 to 75 per cent, averaging Sy^a per cent 37 report picking
will be completed when weather permits, 5 mention January 15
to
March 1, if weather is good. Xield—ls estimated at from 33 per cent
more to 40 per cent less per acre than 1879, averaging 151^ percent
less. Frost Damage— 3i report no trust damage, 8 report from
5 to 15
per cent, averaging 12a per cent damage. Crop Marketed— Estimatca
range from 25 to 75 per cent, averaging 44 per cent of crop marketed

1880
1879
1878
1877

1,000 363,000 526.000
11,000111,000 260,000i379.000
323.000,401,000
3,6o6 2',6"o"6! s.ooo 385,000! 436,000

1,000

894,000 17,000 1.168,000
639,000 8.000 865,090
724,000 6,00<» 018,000
821,000 13,00g 1,096,000

According to th« foregoing Bombay appears to show an
increase compared with ]ast year in the week's receipts of 9,000
bales, and a decrease in shipmeni* of 10,000 bales, while ti»
shipments since January 1 siow an increase of 255,000 bales.
The movement at Calcutta, Madras, Tuticorin, Carwar, &•., for
the same we«k and years has been as follows,
OALOtJTTA. MADRAS. TOTICORrN, CARWAR, RASOOOJt AND KURRACHKE,
Shipments
Tear.

Great
Britain.

this week.

Oontvnent.

Total.

1,000

10,000

i'.obo

i',6o6

Snipmenii since January
Great
Britain.

Continent.

223,000
213,000
144,000
79,000

87,000
112,000
72,000
51,000

1.

Total.

;

'

Miscellaneous-^Hee aggregate.
Ctfff'f

HTOJ/iHSw

The above

totals for this

the ports other than

North Alabama.—10 responses.
ffcHfAcr «nrf

1880
1879
1878
1877

9,000

ftbeysi

same week
Crop rkhing^ii

tsSmaM

at

last year.

ibipmeut^ tWs week

310,000
325,000
216,000
130,000

week show that the movement from
is 10,000 bales more than for the

Bombay

For the whole of

India, therefore, the total
and for tie coj-

mi since January l, 1880,

—
December

.

,

.

THE CHRONICLK

18, 1880.]

659

reijponding weeks and periods of thu two previons yotn, ar« aa

•UMnnamCMtoUik. 7.103 DpUii4....ranuv,

follows.

BXPOBTS TO EOROPR FROM ALL
1890.

8h ipmenta
to all

Miirope

from—

1879.

Thit
wetk.

Since
Jan. 1.

This
week.

1.000
10,000

891,000
310.000

11,000

11,000 1.201.000

11,000|

Bombay

AU other p'rts
Total

'''i^iT.'lv'T'
.1.050 Uplauc.

INDIA.

To Barcelona, i>er bark
To Oeuoa. pjr b<rk Or

1878.

Since

Jan.

Jan.

.

1.

i',oo6

72*.OO0
210.000

93i.OOO

1,000

b40.000

statement affords a very intere.sting comparison of Ui«>
for the three

last

movement for the week ending Dec. 18, and
yearn up to date, at all India port«.
ALEXiVNDRiA Recripto AND Shipmetn. Through

total

—

arrangeinentfl
we havH made with Mftisrs. Davies, IJi^nachi & Co., of LivMrpiX)!
and Alexandria, we now receive a weekly cable of the niovenients
of cotton at Alexandria, Egypt. The following are th^ receipts
and shipinent.s for the past week and for the coi responding week
of the previous two years.

Alexandria, Kqyptt
Dec. lU

1880.

1370.

1978.

.

To

.ninUfl, l,tS,iH

.

llremeu, per

week

Since Sept.

1

140.000

200,000

l.SS.I.SOO

2,UO.OO0

Thin

Since

teeek.

Sxports (bales)—
To Llvi'ipool

Ii

80.000
025,000

Since

r/ii«

l.\ week.

Sept.

1.

3,000

65..'ion

|2t.7Gl 123,992 121.020 21.^.456

3.000

g.-i.oK)

29,^00

Iba.

total exports

day.
Thii statement shows that the receipts for the week ending
Dec. 16 were 140,000 eantars and the shipments to all Europe

were 24,761

bales.

—

M\N'c:iE?TEii Mkrkbt.
Our report receive! from Manchester
to-night 8tat«} that prices have advanced for both twist and
shirtings, but the market is now quieter at the advance.
We
give the prices of to-day below, and leave previous weeks'
prices for compari.son:

1,11s...
ir «t»wn,
.

Sk

32» Cnp.

a.

d.

OUa

lbs.

Shirlings.

Tieist.

a.

d.

a.

Oot.

1.1

8

-87

••

22

y^wlOieU

9

"

2rt

9->82)l<iisl6

9

Not. 5

OU&IO

(>

!>

12
18

914310

I!

!>

®8
®S
®8
®S

i)»4» !»"e

'i

••

•'
'•

'it!

Dec. 3
'•
10
" 17

g^alG

d.

%%':

32, cop.

UpUts

Itciat.

d.

6%
6\
6%
64

9

6he

7'va7 10i3 (i^
9 as
6"l«

fi^jaio

,1!

9=8810

(i

9

'a9

9i(,» !>"'b '^
!i»ft»10 i?

y

'*>*

(1

38

1979.

1

1><!

s.

A.

8.

iliit

UplJa

d.

91i6»9Hl6 6 49i,,»7 9
9% ®9^ '6 45337 71s
919 39% l6 4iu87 7'«

d.
fli'is

i'V
7-M

®9%

G

4'i)87

aa'^s

G

G

Ok 39^8
9% ®10

S7 9

G

G%
G"9
l^Wl 7h «%

ti

«

®7

919
914

GiiieilO aioia H 9 a9
i>=8
iloi8aiO-'e G ioiaas
6i:i,,l0 aiio's 6 9 as

7ia

9

.

Baltih(ikk-To LWsrpoul.Vir •iMiaer VradiaelM(ikd4IHeaall,
420
To Bremen, per atejiiner Ixtlpilg, LMId ...'..'..'..
Boston— To Uverpwil. per •!«» aeni Pniulko, 800. ... AUiw, Wr
....Samaria, 231... PolyncDlaii. 11.1
Piiii.ADKi.nin— To Llven>oo<. per sieiuaer Hrlilsh Crawn. l.7ai»
BAN Fhascisco-Tc LlvoriHMl, per
UandoualU, 7 (faral^u)

h

form, are

f».

615i«
013
,

Total bates,
Liverpool, per steamers Erin, 1,853
Batavia,
503....CJernianic, l,(l()6
3,422
To Hull, per steamers Kialto, 1,052
I,7.i0
Marengo, 699
To Havre, per ship Union, 805
8G3
To Bremen, per stiiamer Main, 1,223
1,223
To Hambnr^, per steamer Letting, 905
905
To Antwerp, per steamer Jan Breydel. 2.153
1,133
New orlkans—To Liverpool, per steamer Staumore, 4,750, and
29 bngs Sea Island seed cotton
per ships Melmerby,
Peruvian Congress, 4,583
5,115
Wm. Tapscott, 5,542
Shannon, 2,825
Lvdia Skoltleld,
Bombay, 3,221
30,547
4,371 . . .Virginia, 3.580. .per bark Reynard, 2.5G0
PalTo Havre, per ships City of Ho.ston (additional), 149
7,311
mas, 4,778 ...per bark Georges, 2,384
per ship
To Bremen, per steamer Adlrondaok, 5,400

York—To

. .

Fi-iedrich,

10,800

5,400

To Rotterdam, per steamer Cid, 473
To Reval, per steamers Prlnz Frledrlch

475
Carl,

4,710

Oompton, 5,230

9,940
5,003
2,001
1,800
1.000
2,004

To Sebastopol, per steamer Ganos, 3,003
To Maliiga, per bark Emilia T, 2,001
To Genoa, per bark Phison, 1,800
To Naples, per bark I'liison, 1.000
Mobile— To Havre, per bark Crescent, 2,004

.'

CUAilLE.SToN— To Liverpool, per steamer Craigforth, 2,461 Upland, and 262 Sea I.sland
per ship.s Venlui, 3,794 UpRicJiard III. (a<lditional), 11
land, and 200 Sea Island
Sea Island
To Havre, per bark Juno, 1,200 Upland, and 102 Sea Island
To Rouen, per bark Henry Knight, 1,410 Upland
To Hamburg, per l)ark Kerdalca, 1,344 Upland
To Antwerp, per bark Geo. T. Kemp, 1,081 Upland
To Reval. per steamer Mabarixjah, 3,800 Upland
To Seba«topol, jier steamer Romulus, 3,700 Upland
per brig
To Barcelona, per bark Dolores, 1,640 Upland
Salvanor,440 Upland
Port Roval—To Liverpool, per steamer Parklands, 4,143 Upland, .and 100 Sea Island
8AVANXAH—To Liverpool, i>er bark Glen Monarch, 2,709 Upland, and 21.') Sea Island
per bark
To Bremen, per steamer Alvertou, 4,004 Upland
Columbia, 2,750 Upland
MisTo Amstenlaiu, per barks Jacob Aall, 1,669 Upland
sissippi, 2,360 Upland

—

P7»

arraag-xl

WMal

oar

I

•nm'«.

A ntu'p,
Bremen A ma- Rerat, Kmrt*natre and Imlnm anil lona
Oenaa
Lieer.
anil Uam- A IM- Krlnta- and
ami
pool. Ji'tuen. burg, terdam. topol. Ualaffa, Xaplta.

New

York..

3.422

86J 2.129
7.311 10, -iOO
2.004
2,712 1,344

N. Orleans. 30.147

Mobile
Charles ton
Port Royal.
Savannah..

6!729
4 215

1.1.13

Teia»
13.412 2.093
Wilmington 10.1100
Norfolk .... 15.722
Baltimore .,
426
Boston
873
Phlladelp'a
1.729
8. Franc isuo
7

7,Mi>

3,0M

4,029 13,032
1.113
1.209

700

l.Ojl

ratal.

9,318
2.«U0 74.877
«.004

473 14,943 2.001

0,734
5.033
1.7i3

'.i.rs.i

flI.MS
39!loS
23.694
14,oe7

i'.«LM

15.7M
2/ns

m

1,590

I.7«»

T

Total.. 03.631 n.999 29.40i 9.060 35.493 4.7SI 4.410 200.001
Include 1 in the above totals are. from New York. 1.7.'iO bales to Hull,
and from Wilmington 1,.'>23 bales 10 ({uecnstowa or Falmoutb.
Below we give all n-^w.* received to Jaie of disaattra to vaMoU
earrv'ng co'.ion (rnm Uoiled Siate'i oortK. etc.:
Aluitiia. steamer (»r.). Barwise. from New Orleans to Liverpool. wUok
put into St. Johii^. N. F.. with her cargo on lire, and there dU-

and

left for

destination I>erenilMT 7th.

CoTTo.N Plant, stcann-r. belojiging to ihe Old Domini" Hte.im«hlp Co..
was burned on Dec. 1 Ith whde lying at her wiiarf at Tarboro. M.
C. Her cargo of 1 10 bales cf cotton and other mcr<:li.iudiAe was
also destroyed.
The steamer, valued at $7,000, and her oargo,

were insured.
NVE, steAUibiat, with 116 bales of cotton on hoard, was bnmed
to the water'4 edge ou Doe. 12, below Mootiuello, on the Pearl
River.
WEARMoirrn. steamer, fi-om Charleston for SoUas'opol, with 4,7,10 bal«*
of cotton, in proceeding to sea Dec. 13, went ashore on tb« north
breaker of the bir. Steamers have been sent to her osaUtance.

Kmr

Satur.

GlSifl

Ih
l>

tiie

.

«M

1.»M

.Z00.091

theM ahlpnaaU,

ars of

p*rtli

Cotton freig'its the piS" w-ik hiv<

iS KWi.--Tl)e exports
of cotton from the Uni'.ea
past -veek, as per latest mail returas, have reac lej
So far as the Southern ports are concern-d. tli-s-:
30 .',091 bak'S
are the siine expons reported by telegraph, and published ip
With regard to New Torn, wt.
the CllKONlCl.B list Friday.
in-ilude the manifests rf all vessels cleared up to Weln.-sda.>
night 0/ this wei.1:.

Nb^v

13M

.

b'<->n

a< fol'ow«:

G''8

Sitippi.vo

8tue«

I0M9

1

Cotfn
lbs..

Shirlinffa.

d.

d.

8H

l.tW...

.

chargeil. reli.ailed.

1880.

2.0f»«

;•

1

(ie'irgo I)avl«, J. ,1,•.*!
If
\tUDH«.
1,.595.
A, M. Hebwelguaril,
ToQ'ineniitowu or Kiilni >ulh. |»-r I'
,
To llamburg. per bark VonliMnJk.ii.i. i.,'.-,.i
To Amiterdiini, per liark Krank. 1,20.» ....
MoHroi,K-To L verpool. (ler utoain-^r* Yuriw B«t, 4I7M
Mary Tathitni, 4,202. . . . Aurur.i. 3,'i7J. .p«r bark Ooadar,

Thin
Since
week. Sept. 1.

from Alexandfia for the pre.sent season have
been erroneous the past two weeks, the flares having been
added to the totals oi last year. We have corrected them to-

Our

,

ToUl

02.iX>n 111,000 146.6061
31,992 10,0:^0 69.3301

...

Total Europe
IL cautur is 98

'

17.000
7,761

...

"To Continent

Sept.

.

^r

To .imilerdam.
WlIJIIXOTDN— To

The

Seieipts (cautars'l—
Tills

Uptu'ii
pTaii4

To Havre, per bark <Hlmt.

639,000
323,000

.

This

>

Since

Thl$
week.

1.

~

'

r

6,728
1,302
1,410
1,344
1,031
3,900
3,700

2,030
4,245

3fon.

Do
Do

sail

sail

Hambcrg, steain

Do

»»

c.

>S

'

j

1

•g

H
H
H

•i
>•

H

d.

•>

•a

stcam.e.

Do
Do

.c.

sall...d.

Amsfd'm,
Baltic,

'is*"*

"8<»'ll«

e.

Bremen, steam,

Do

••>ioa'4

t.

Frl.

».,»«« *!••««
»ie3'* JisaVi •la***
°8*'>1«' •S»l>l« H*»l«
ia»>i

»I8»V4

sall...rf.

Havre, steam

nun.

Wedne*.

Titea.

Liverpool, steam d.

sail...*;.

steam

'is*"*

'ic»>s

rf.

sail

LiVEiip.jOL.— By cable fro n L v-rpo)

tatemeni of the

w-t^-k's

!

I

lie;), •to'.-ks.

A'or. 26.

Sales of the week
bales.
Sales .American
Of which exporters took
Of which speculators took..

,

Tu»«t

liaiTi 1 1«

Dec. 3.

66.000
47,000
9,100
9,100
8,800
16.000
44I.OOX

Firm.

Steady.

Strong.

6i>i»

6" is

,

fblloiria;

at tUaC por::

282,000
266,000

Forwarded
Total stock— Estimated
Of which American— Estlm'd
Total import of the week
Of which American. ...
afloat

we

,

jic

82,000
58,000
10,000
8,600
7,600
18,500
435,000
318,000
82.000
72.000
236,000
219.000

Actual export

Amount

»I«»«1

e.

321,tKX>

79.000
.19.000

Dtt. 10.

63,000
31.000
5.100
4. .300

12.000
17.500
4.13.000

343.000
98,000
97,000
291,000

Dte.

1

86.000
66.000
7,200
9,700
9.000
1S.500
436,000
331.000
73.000
S8,000

34aooo

273.0001 323/WO
The tone of the Liverpool market for spots and futures eaob day of th*
week ending Dec. 17, and the dally closing prloea of spot ootton. bara
b«on as follows:
Saturday Monday. Ttie*day.\ Wednea ThMftd'y. rrulmg.

O" which American

Spot.

Market, \
12:30 r.M.j
Mid. Uprds
Mld.Orrn8.

Steady.
6!!8

Qnlctor.

Staadr.

6^

6"I6

e-'a

Market.
5 P. M.
Sales

Bpeo.& exp.

12.000
2.000

12.000
2,000

10.000
2.000

30.000
8.000

Barolf

OITcrlnis

steady.

free.

Teak.

12.000
2.000

12.000
2.000

2,923
Puturet.

6,754

4,029

Market,
5 P.M.

\
(

Steady.

Oall.
F1«I.

and

..

THE CHRONKJLE.

660
The sotna] sales of futures at Livcrpooi for the
below. These sales are on the basis of Uplands,
unless otlicrwlse stated.

same week arc giren

Low

DtUury.
Deo
Dec-Jan

<l.

6=8
B's

eosa^'sa
Ji^b.-Mar... eaiasai'iB

Jan.-Feb

6^i%9\

Mar.-Apr

Jan.-Feb
Feb.-Mar

Cg

d.

6i'i6

6%

Dec

Mar.-Apr
62132 April-May

62S32
613,g

Dec.-Jiui

6ai32

May-June

O'^a

June-.Tuly

62832
62332

Jime-July

Apr.-May
May- June

Jan.-Feb

Betirery.

d.

G2532

Ma.r-June. .eiSuaiaTjj

MONDAT.
-B"l8| Mar.- Apr

Dec

Doc.

Delivery.

Apr.-May

62B.,2
I

62132
csig .
I32

Fab.-Har.

I

I

Feb.-Mar
Mar.-Apr
Apr.-May

6^
6i3i6

6n,g

Jan.-Feb.... 611.532332

Feb.-Mar .G'k'Si^hi'^'^
Mar.-Apr... 626j2ai3|,
AprU-Ma.r .613,,a27j2
May-June ...6*8a2»32

Dec

6\

Ju.-Feb..

62Js2

Feb.-Mar
Mar.-Apr
Apr.-May

6i3ie
62733

May-June

6i5ig
O3I32

H2'*32

Mar.-Apr
May -June
Jnne-July
Jan.-Feb

May-June

7

Jnne-July
J»n.-F«b

7iig
Jan.-Feb
613,8 Deo
68132 Feb.-Mar
7I32
Mar.-Apr
7I18
Apr.-May

®27.,2

62932® 7j
Mar.-Apr.. .6iB,,®2932
Apr.-May.. .8S>32®:Sig

Vhh.-ilM

May-June
June-July

July-Aug

Dec-Jan

Deo
Deo.-Jan
Jan.-Feb. .

.

62332
62632
.613,8®2532

Feb.-Mar
Mar.-Apr

678®2732
62»32®'8

6%

Dec

Dec.-Jan
6%
Jan.-Feb. . . .6i3,j®2332

Apr.-May
Mar.-Apr
Apr.-May

..

on canal frozen
store

Chicago

Do.

afloat.

Milwaukee
Duluth
Toledo
Louis
Boston
Toronto
Montreal
Philadelphia
Peoria
Indianapolis
St.

Kansas City

63132®1B,8
62732
6'8
63i

Dec.-Jan
Feb.-Mar
June-July

6%
6i3i6
73I32

Deo
July-Aug
7
Apr.-May
Friday.
Feb.-Mar .627,2®i3i5 Apr.-May .... 62833® 'e
Mar.-Apr
67ea2732 May-June.. 6i"ia®2932
. .

Baltimore
Onrail
Canal and river..

Com,

bush.

bush.

5,666,212
720,000
115,000
627,009
6,412,929
2,036,045
602,000
1,815,716
1,146.132

2,574,923

Rue,

bush.

bush.

403,716
461.341
453.190
671,785

66,158
121,507
107.987
147,504

33,192
58.502
56,489
83,528

Oats,
bitsh.

907,395

612,349
4.632

70,000
120,000
2,261,617 1,167,206
279,026
316,897
110,978
1,500
125,049
25.500
1,263,610
241,640
14.227
148,123
398,800
99,900
407,340
154,298
2,508,801
349,353
648,000
901,000
1,445,000 4,504,000

Total Dec.ll,'80 28,673.491 1 5,757,056
Deo.
4, '80
26 930,859 15,753,676
27, '80
24,622.480 16,683,747
20, -80
24,190,673 17,935,815
13, '80
23,244.986 16,492,430
13, '79
27,688,539 10,079,363

Sarley,
bush.

Rye,
bush.

188.742
250,000
390,500
299,560
250,662
397,078

20,950
297,219
54.625

4,570

45,000
8.859
440.000
57,919
10,023
398.629
10,397

40,000
59,606
1,237
9,775
7,297

143,706
112,200
92,378

12,920

36,988
10,000
2,174

509,000
100,000

87,000
114,000

48,392
40,00O

3,8 1 6,749 2,963,944

932,633

114.000
304.829
44,078
4,208,575 1,375.353
22,326
37,989

Nov.
Nov.
Nov.
Dec.

77,418
12,092

209,460
76,160

450

3.587,563
3,657,260
4,296,074
4.477,433
2,612,664

2,655

192,321
54.000
55,.5O0

2,540
..

.

2,861.443 913,044
2,449.380 871.647
3,62 i, 093
853,147
3,472.544 846.679
4,730,815 1.161,97»

THE DRY GOOD3 TRADE.

BRE ADSTUPPS.

Friday, P, M.. December 17, 1880.

Friday, P. M., Dec. 17. 1880.

The

weeks:

S/trley,
bush'.

in:

Wheat,

In

62332

THtmSDAT.

last four

Oats,

4,587,818 1,993,032 443,156 231,711
3.470,523 800,885 476.386 115,086
The Visible supply of grain in the United States and Canada,
comprising stocks at the principal receiving points, on rail and

Detroit

613,,

466,716
610,239
854.916
2.656 .648

2,350.119
2,862.034

Oswego

6iSig
Deo. -Jan
J»n.-Feb.. ..62''s2®''8

bush.

Tot.,4wks.867,803
4w'ks'79.. 617.495

Buffalo

62S32
62632
62532
62733
679
72032

Com,

bicsh.

S**"- Ji—Hi-^^^
Nov.
27... 173.709
Nov. 20. .. 222.657

Albany

62732

same ports for

Wheat,

212,220
236,733
531,786
1,369,330

7

W1DRB8DAT.
Deo

bbls.

11. ..197.322

e's
63I32

Apr.-May .. 6iBi6®2»33
6i5]g
May-June
6%
7I32
6i3n July-Aug

Jane-July
Deo.-Jan
Jan.-Feb
Feb.-Mar

Flour,

at^
New York

Tdbsdat.

Dec-Jan

Week

endmn—

Satuhdat.
"

Rail and lake shipments from

Middling clause,

XXXI.

rvoi,.

market has been dull, and prices were drooping
throoghout most of the past week. Supplies were very liberal
at all points, and there was very little demand except far the
extreme low grades (No. 2 and superfine) and the choice
" patents" from spring wheat. These were in some request,
but the low grades finally developed weakness, and to-day the
whole market was much depressed, involving a general reduction of figures, and not much inquiry at the decline.
The wheat market has been variable. The export demand
has latterly been quite small, and at the close the English
shippers generally reduced bids to $1 18 for No. 2 red winter
on the spot, with options for February selling at $1 23, and No.
1 white, same delivery, §1 20. The chief support to the market
has been speculative, but this has weakened under liberal receipts at the West, accumulating stocks and dull foreign advices, and to-day a firm opening was followed by a decline.
Indian corn has had a fair sale at slightly varying prices, and
the close is without important change, though showing to-day
a downward tendency; and boat-loads of No. 2 mixed were not
flour

salable at over 58«.
The movement is free for the season.
The receipts of new Southern corn continue in small parcels,
which sell at very irregular prices. Rye is more firmly held.
Barley has met with a fair demand at generally firm prices. No.
2 Canada selling to-day at $1 15; but some revision is made in
quotations for State barley.
Oats have been fairly active for speculation, and No. 2 mixed
sold today at 4-t^c. for January and 45Mc. for February; but
lots on the spot and prices easier.
The following are closing quotations

The dry goods market was very quiet the past week, as
usually the case at this stage of the season, but there

hopeful feeling in the trade, and renewed activity

is

is

a very
looked for
is

as soon as merchants have taken account of stock and closed up
the business of the year. The demand for staple cotton and

woolen goods has been comparatively light at first hands, but
there was a further inquiry on the part of package buyers for
white goods, quilts, printed lawns, piques, cambrics, and some
other spring fabrics, resulting in a fair business. The jobbing
trade has ruled quiet, selections having been almost wholly
restricted to light re-assortments for immediate distribution, and
there was not the least tendency toward speculation (by retailers) as was the case at the corresponding time last year.
Domestic Cotton Goods. The exports of cotton goods during
the week ending December 14 were 3,690 packages, including
1,654 to Chica, 643 to U. S. of Colombia, 414 to Great Britain,

—

326 to Hayti, 222 to Brazil, 133 to Mexico, 104 to Hamburg, 55
to Venezuela, Sic. There was a lessened demand for nearly all

and the volume of new business was comparatively light; but agents continued to make
large deliveries on account of back orders, and prices ruled very

staple cotton fabrics at first hand.s,

all such makes as govern the market.
Cottonades
were more active, and there was a satisfactory movement in
plain and fancy white goods, quilts and piques. Print cloths
were exceedingly quiet, and prices were again lower, sales of
extra 64x643 having been made at 4%@i 3-16c. and 56x60»
Flour.
having changed hands at 3%@3 ll-16c. Prints were in light
Grain.
So. 2
^bbl. $3 15a> 3.50] Wheatrequest, but there was a fair inquiry for printed lawns and
Winter superrtno
3 75® 4 00
No.Sspring, ^bu.$l 12 al
Spring superttne
3 503' 3 75
No. 2 spring
116 ®1 20
piques by the local and Southern trade.
Spring wheat extras.. 4 40 a 4 65
Red winter
115 ®125
Domestic Woole.v Goods. The market for woolen goods has
do XX and XXX... 4 85® 6 50
Red winter, No. 2 1 lOiflBl 20
Winter shipp'g extras. 4 75a 5 1;
Wliite
112 ®118
remained inactive, but prices were steadily maintained on all
do XX and XXX.
5 3,s® G 50 Com— West, mixed
55 ® 58iii
Patents
7 00® 900
West'nNo. 2
575ia 5SI4 fabrics of a desirable character. Heavy cassimeres and plaidCity shipping extras. 4 05® 5 05
South, yell'w.new
58 ® 58
back overcoatings were taken in small lots for the renewal of
Southern, baiters' apd
South, white.new
56 ® 62
family brands ...!.
575® 750 Rye
broken assortments, but transactions were only moderate in the
95 ®1 00
South'n ship'g extras. 5 003 5 50 Oats— Mlied
41 ® 45
aggregate. Operations iu light-weight cassimeres and worsted
Rye flour, supertiue.. 5 35® 5 60
White
43 ® 48
coatings lacked spirit, and but little improvement in the deCorn mealBarley— Canada W. 1 15 ®13J
Western, &o
2 758 3 25
State, 4-rowed... 1 00 SI 08
mand is looked for during the remainder of the year. For
Brand.v wine. Ac
350»
State, 2-rowed...
95 a 98
cloakings and repellents there was some inquiry, but purchases
Buckw. fl.,p. lOOlbs. 2 15® 2 35 Peas— Oan'da.b.&f.
82 a M5
were chiefly confined to small parcels of specialties. Kentucky
Buckwheat
60 a 62
jeans were in irregular demand, but steady in price, and there
(From the " New York ProUuee Bxchanqe Weekly.")
was a mode 'ate inquiry for plain and printed satinets. FlanReceipts of flour and grain at Western lake and river ports nels were only in moderate request, but stocks are so well in
for the week ending Bee. 11, 1880
hand that prices remain firm. Blankets were distributed to
FLojir,
Wlieat,
Corn,
Oats,
Barley, Rye,
a fair amount, in execution of old orders, and many makes conbbls.
bush.
btish.
bash.
bush.
tinue sold ahead of production. In dress goods, shawls and
At—
(196 lbs.) (60 lbs.)
(56 lbs.)
(32 lbs.) (4:8 lbs.) (56 lbs.
Cailoago
165,551
680,081 979.279 328,730145,412 18,363 skirts there was no movement of importance.
Milwaukee
62.055 388,405
41,330
40.800 119,342 19,460
Foreign Dry Goods. There was a fair demand for handkerToledo
1,225 288,151
107,856
7,741
547 chiefs, laces and other specialties adapted for the holiday trade,
Detroit
14.367 295,539
29,243
8,242
6,343
but otherwise imported goods were quiet in both first and
Cleveland
2.562
8,000
32,000
11,200
5,000
St. Louis
31.692 159.406 403,665
77,470 130,953 13.527 second hands. Silks are a trifle firmer, and such staple fabrics
Peoria
7,460
12,675 265,375 117,300 15,500 19.450 as cashmeres, linen goods, white goods, &c., are steadily held
Duluth
by importers. The auction rooms have presented no important
Total
tal
184,912 1.818,260 1,948.743 591.483 422.550 71347 offerings of foreign goods, and the auction season wiil be
Same Ume '79. 189,641 1,514,319 1,552,352 281,249 312,385 50,745 brought to a close next week.
j

firm on

:

I

H

I

"

—

i

.

:

—

I,

DscBMBEn

Financial.

&

Jesup, Paton

Co.,

BANKERS,
New

52 Wtlllam Street,

Bound

railroad and manlclpal bonds negotiated.
Sterling exchange bongbt and sold. Draft* on

&

Kennedy

S.

J.

Kennzdt Tod.

New Yorli & Oreenwood l«ka
MaobatUn

HAlUw.AKa

Bond*.

bdwakd poHxBor,

Pomeroy, Cox

&

a.

bmitb

Smith,

22

RAILROAD INVESTMENT SECWRITIES :

BROAD STRBBT.

&

H lUlam Street. New

Robeson

Mills,
No. 34
Buy and

&

Smith,

BANKERS,
IVall Street, New

Kidder, Peabody

&

Wall and Nassau

Sts.,

'

New

BROADIVAY,

NEW

YORK.

WM.

C.

NOYES,

NASSAV STREET,

NEW YORK,

AND

Co.,

STOCK BROKERS,
15 BROAD STREET,
New York.

&

Member of

A.

IS

deposits.
securities dealt In at tbo Exchange bau^jht
commission.
sold on

ALL
and

E.

Francis,
New St., Neiv

Lane & James

St.,

7

ALBANY,

N.

Y

Tiunsact a General Bankine Bufilness.
SToCKa and BONKS BouKhtand Sold on Coic.
mtasion, and carried on MarKins.
Deposits received and Intereat Allowed.

New York, New England & Western

INVESTMENT

TUB

CO.,

A

It).

IWO.

New

Vorli.

New

4<l Cliff Street,
York.
J. Drummond, Metals. 4« Cllir Ht . N. Y.
Itlcliard J. Morrlsson. Lawyer. Sd Nassau St.. N. Y.
Henry F. Brittenstene. Alpine. Chaffee Cn.. Col.

Michael

.lohn B. Henslee, Mlninii rroporttes. Ix^advlUe.CoL
Jeremiah O'itourke. Architect, Newark. N. J.
COL'NOIL
Voorbls & Morrlsson, 8S Nassau Street. New York.
CONSITLTINO ENOlif kKU :
George Daly, Lendvillf. C^ilorado.
:

Tnt<(t ('ompauy, n<»rcel Bnltdlne. New Yorlr.
this company are at Alpine.
nf elalli
CltalTeo Connty. Coloradtt, and ctinsl.it

Mining

The

properties of

mining claims. Mr. George Daly, the well-knf>wa
minini! aiithnrity of r.eadTllle, estimates 4tiO.06B
ounces of tiilver in sight in three lodes alone. Millruns average I2?«i ounces of sIlTor to the ton. and
speclmenlorrs hHvc assayed as high as aj.ooo oancea
of sliver to the ton.

value and will repay Investigation.
For pamplUeta and paKtoulars, apply at the oflloea
Nassau Streei. .New York.

of the Company. No.

Stocks

Eustis

&

ONLY
Direct Line to France.
OENEBAL TRANSATLANTIC

Co.,

Mortoa

street.

Wed.. Doc W. t P. M.
DB LB8SBPS. Torlots
Wed.. Jan. 5,
FRANCE, Trudelle
PRICB or PA88AOB, (Inclading wine;

StMnM,

Co.,

CAPITALltSOCOOO,

(.OVI^VILIjE,

Pier (new) No. 42 North River, foot of

F.

BANKING HOUSE OF

CASH

Betircea Neir York Ui4 HaTre.
From

.

CINCINNATI, OHIO.

W. Norton &

CO.

Travelon by tbti line avoid both transit br Bu.
llsh Hallway and the dlMomfocu of ercasUic tao
Channel In a imall boat.
Wed..D«c«>, • A.M.
LABRADOR. Delort.

BK U K E RS

G.

w

SlcauislilpK.

SPECIAL.Tr.

George

securities buuKlit and sold on commission. Settle*

Will actus agents In fuadicK and reorganizing debt«
of muaicipaltties, railroad companies, and other
corporations. Correspondence solicited.
John C. SHOUT, President,
! vew Vnrt
Oeoroe W. Deuevoise, V. Pres. i "^^ '°'»'
LuciiT'S L. HUBBAKi). Asst. Vice-i*reB., Boston
Wu. P. Watson, tiec. and Trea«.,Cb:cago.

COHPAXT.

.Tnhn E. White. Metals,

Cash paid at once for the aboTe Secorttieiv or
tbey will bo sold on commlaslon. at seller's opCoa.

Offers to Investors carefully-selected securities
bearing from 6 to 8 per cent interest. iQvestraent

securities

1H1!VI\U

Oriranlaed under tlio laws of the State of

PINE STREET.
Dealings In

AND 33 PISE ST., NEW YORK,
CONGRESS STREET, BOSTON,
UNION BUILDING, CHICAGO.
CAPITAL STOCK,
$200,000
for holders of deftiulted

Brittenstene
SILVER

Bailey,

Insurance

N08. 31
KG. 19

ments made

S.

ITork.

ALSO,

Cor. Maiden

BTREET,

Transact a General Bankln* Roslneu, Inclndlaa
he jiarchaae and sal* of STOCKS and BONUS tot
asn or on margin.
and Sell Inreatment Scenrltlaa.
P. O. BOX 8.M7.
A. M. KIODEB, WAYLAND TRABK. U. J. MOBCB

SAUE for many Year*.
A LIMITKD OUANTITY OK TREASURY STOCK
80 BROADWAY, ROOM 39.
KOH SALE.
INVESTMENT Bonds a specialty.
The properties of the ctimpany have p<i iiiantsit

Witli KUSiMELI..

BANKERS AND BROKERS,
TO Broadtvay

N. Y. Stock Exchange.

INTISREST allowed on

No.

York.

<^ Co.
BANKERS,
18 lYALL

REUISTRAKS Of STUCK

Boardman,

Lansdale

Special.

&

New

TKUKTUII

nilSCELLANEOUS 8ECDBITIES.

Edward Lapsley,

Cyrus W. Field,

Bt,

A.BDTTRiCK.MambaroftheN.T.MnekKxeli'aa

Auicust

TRUST COMPANYS' STOCKS,
RAILROAD STOCKS AND BONDS,

Trask

39 Wall

WM. Bluman. Memoar of tba N.Y. Mloln« Kub'ca

DEALER IS

CORRESrOXDENTS :

Lapsley, Field

4c

Bar

CITT RAILROAD STOCKS & BONDS
BOUGHT AND SOLD.

GAS STOCKS A\D BOXDS,
TELEGRAPH STOCKS,

jh.

Elliman,

Neir York.

AKD
COMMEKCIAL AND TkAVELERS' CREDIT?.

D. Setmoub Willard,
Members N. Y. Stock Kxcbun^e.

CO.

of Ex-

L. Grant,

No. 14S

31

BARING BROTHERS & CO., London.
PERIER FRERES Jk CO., Paris.
MENDELSSOHN & CO., Berlin.

*

UWTUt ACQ.

BOVOUT and «ULU UN COMMIMIUM.

C.

NIO.

H.

York.

CABLE TR^^SFERS, BILLS OF EXCHANGE

Gyrus W. Kield,

Noa. 37

See quotations of City Railroads In this paper

FOREIGN mXKERS.

T.

B0Nt)a,BT0CK8andl.NVR8TMK.'«TREr(;niTiaB

Soil Stocks, Bonds and Governments a::
Commission, either for Invettnent or on marsin.
ALBERT B. Vernam,
Kdwahd N. Bond.
Member N. V. Stock Exchange.

and

Co.,

JOUN

&

Buttrick.

No. 34 Neiv Street, Neiv York.

BOSTON, MASS.,
Cor,

Chicago L'orr««pood«nU.

Bny and

at siKht.

Meichants

re4lta. BUts
ranrifera.

<

'

raAaoi or
U. Qt'lNLIN

L..

Vernam & Company,
BANKERS AND BROKERS,

York.

on CommlsslOD all Securities dealt
in at the Stock Excbanges of New York, Boston,
Philadelphia and San FranclBco.
Also, future options In Grain and ProTielons at
Produce Exchanges of New York and Chicago.
Allow interest upon deposits subject to check
set]

Receive accounts of Banks,
others upon favorable terms.

MrMra,

York.

.

''able

ItTRKST

Pulmnalaii'i

bankbIbs and brokbr*,

Ilamburv.

cbuue.

NKW

GRAIN AND PKUVUIO.V DEPAKTMCHT

CORKE8PONDKNT8 OV TH

Commercial and Traveler

Willard,
13

PHITATI WIttU TU
WUMtaor Ilotel.
CnmberUnd,

Ruckgaber,

i

the Constmctlon and

aUcOiHTlM

li'KDaa

COLUCT COtn»OIf8 AND DITIDIND8
International Banli of I.aa I. d (Llasilcd),
London.
NEGOTIATE LOANS AND DRAW BILLS OF
KXCHANQE ON LONDON
Mesars. John Berenbers. UaMler & Co.,
All business relating to

BROADWAY AND

74

BANKERS AND BROKERS,

Schulz

&

Scranton

w.b.coz.jk., okaji

BANKERS,

Equipment of Railroads undertaken.

lliacKLl.A.NIt.iU*

LOAN* NMi</riATSI>.

,

Beaota Stock.

No. 37

New York.
BUY AND SBLL

BROADWAY, l«BW YORK,

ea

FOR BALBi

Co.,

WILLIAM STREET.

Co.,

nmt-«'.lau Inveatnant BoearltUa.

WANTKD

Bankers aud Merchants,

No. 63

&

BAVKEItS AND BKOKUfl,

Toledo I.OKan»port A nurllnitton Bondl.
Union ,t Lofanniiiirt Hi.ndi.
Itoine Walurtowii ,t (l>rdBnsbnril Bnndf.
Second Avonuo Itallroad Bonds and Block.

Union Bank of London.
J.

R. A. Lancaster

IfASSAV aTRKBT,
Deals In InTeatment Hccnrlllca and
17

Band* Ueuerallj.

commission.

KimtEUT.

'

FInaaelal.

Albert E. Hachfield,

York.

Accounts and Agency of Banks, Corporations,
Anns and Individuals received upon favorable terms.
Dividends and Interest collected and remitted.
Act as agents for corporations In paying coupons
and dividends': also as transfer agents.
Bonds, stocks and securities bought and sold on

8.

:

THE CHRONICLE.

18, I860.]

Financial.

JOBK

::

kentvckt.

To Havro— First cabin, |I00 and tSO.
121, Including wine, beddioc and atenslla.
Ketnm tickets at Tory reduced rates.

Cbeelu drawn oa Credit Lyonnats of Parti
msBiita to suit,

IiOVU

DB BBBIAN,

M

Aceat,

8 Boirlins Green.

.

THE (JHRONICLE.
Commercial Cards.

PubliCHlioiis.

Wright,
1

[Vol.

New York,

HE

Bliss

&

Commercial Curds

Fabyan,

&

SELLING AGENTS FOR LEADING BRANDS

Review,

Ton^els, Qulltti,

KANNUAL.)

A.D(1 all

Erporl Trade.

S8

&

George A. Clark

1|.

'

•*

Bro.,
<

A

ST':iPK8

WldthB and

<'n!

•

•

-•

<kfftif^f»ai t

*>WHy?

^v.

"t..**!..

E.R,Mudge,Sawyer&Co

FOR]

INVESTORS AND BROKERS.

Washington

ANP

HELIX NEEDLES

.lIlLTt'AKIi'H
400

^

AWyiVG

ntted Mafe« NtTK'ifiv
Til oapitly all

A iMANUAl.

BIIOADWAY.

NHW

YORK.

About February

AOENTS FOR

mills, Chlcopee infg. Co.
Burllnstoii Wooleu I'u.,
Eilerton New Mills,
Atlantic Cotton mtllU
Saratoga Victory mrg. Co., Vceau mils

AM)
Hosiery, Sblrts and Drawers
From Various Mills.
NEW YORK,
BOSTON,
43 & 4S White Street,
15 Chauncey Street
PHILADELPHIA
J. W. DAYTON. 230 CHESTNUT STREET.

BE rUBMSIlED

VriLL.

kind* of

COTTON' CANVAS, FEl TING UUCK. c^K Cvi * ER
LNG, BAGGING. KAVE^ISPLTK, SAIL TVMNM
AC
*)NTAHU» SE.\MS.K88 BAGS.
•'

1

to

COTTON SAILDUCK

&c.

White Goods and Hosiery.

Drills, SheelingK, <Ce.,for

Co.,

Hannfacturer* and Ueai^'rn

AND SHEETINGS,

PRINTS, DENIMS, TICKS, DUCKS,

Turner

BrinckerhofT,

Boston, Philadelphia,

BROWN AND BLEACHED SHIRTINGS

Financial

XX^l

HO.

PublicaJons.

CONTENTS:

No. 11 Old SUp,

Sew

E^^The Greatest Living Authors
-^ such as Prcf. MTax mailer. Might Hon. W^. E.
Clndslone, James A.

W^ork.

Retrospect if 1880.
niercaBiIle Fallare*.

CiUTIdLJ

Fronde, Prof. Iliixley,
R. A. Proctor, Ed» A.
Freeman, Prof. Tyudall
Dr. W. B. Carpenter,
Currency Movements.
Frnnces Poner Cobbe,
New York Citj-—Bank Returns, Ac.
Prof. Coldwln Smith,
139 TO T43
Lindon— Money Market and Bank Returns.
ST,
The Dniie ol Argyll,
Wm. Black, miss Thackeray, mrs.
Oominerclal —
muloch-Cralk, Geo. macDonald, mrs.
United States— Foreign Commerce, Trade (FALL KINDS.
FOR BUILDINGS &£ tillpliant, K. D. niackniore, Jean
Balance, tJ. 8. E.\ports and Imports of
ugelo^r. Thomas Hardy, mxtlheiv
Repairs Promptly Attended To.
Leading Articles. London—Review of
Arnold, Hciiry KIngsley, W. H. mal*

Banking and Financial —
Uuited States— National

Bank

and

Fi).ure8

.

j.b&j.m.corneli
CENTRE
NX
^ROUGHT&CAST IRONWORK

year.

lock, W. W^. -tjry, Tiirgiienief,
kin, Tennyson, Itrouuiu^, and

Bank Returns, &e.

Tlie Tloney OTarkelInflncnoes, and Prices of Call Loans
Commercial Paper since 1S73.

Gold and

iind

Littell's Living Agr.
In 1881. Tna Living Age enters upon its thirtyeighth year, admitteaiy unrivalled and continuously Buccessful. DurinK the year it will furnish
10 its reader? the productions of the most eminent

Production, Exports and Imports of Gold

and Silver

in the United States.

Foreign Exctaanee—
Market and Prices in New York,

GOLD MEDAL,
1871-1881.

and Speculation-

Interest Table,

multions of

Money

in

Showing Accu-

;

303-404- 70-35

ING FOREIGN NOVELISTS, and an amount

-332.
and Ait other styles may be had o/all
dealers
throughout the

Compound

authors above-named, and many others embracing
the choicest Serial and Short Stories by the LEAD-

PAHIS, 1878.

Bis CtUhraUd numbers,
I

InTrstiiients

I

Unapproached by any other Periodical

viorld,

the world, of the most valuable Literary and
matter of the day, from the pens of the
FOREMOST Essayists. Scientists, Cuitics. DiscovEHERS and Editors, representing every department of Knowledge and Progress.
The Living Age is a weekly magazine, giving
more than
In

New York.

Joseph Gillott& Sons,

Scientific

a Series of Years.

TaWe Showing the Kate Per Cent
on Securities Purchased at

Realized

different prices

(without leg.ird to date of maturity.)

Stock Speculation in

(Tnlted States Debt

New

THREE AND A QUARTER THOUSAND

York.

and Securities-

Debt of the United States.
Prices of U.

S.

F.S.WINSTON, presiden:

and Immunity from Prosecution.

SSUES EVERY APPROVED DESCRIPTIONO
.IFE
POllCIEl

AND ENDOWMENT

JNTERMS AS FAVORABLE AS THOSE 01
ANY OTHER COMPANY.
ORGANIZED APRIL 12'." 1842,

Prices of State Securities, 1860-1881.

Railroads and their SecuritiesRailroads Statistics of tho United States.

Railroad Earnings.

The New York Stock Market, 1860-1881.

MMTS0YER$8aOOO,OOC

Wire Rope.

Prices of Ralh-oad Bonds, 1873-1881.

Friceg of Railroad Stocks, 1860-1881.

Frlce or the Revlevr, In Cloth
$2 00
To Subscribers of the Commercial ? , a* ""

i

FlSASCIAL CILRONICLE

Published

Hired

79 &|S1 William Street K.

lengths

are

cut

poses manufactured to orTC.

der.

XV.

43

B

f8 00 per year, free of

Club Prices for the best

Charcoal and

FLAT STEEL AND IROi
ROPES for Mining pur-

JOHN

at

^^^

will

A

&. CO.,

WEEKLV

Inclined Planes, Transmission of Power, &c. Also,

hand from which any de-

WpiXIAin B. DANA
PUBLISHERS,

THE ABLEST LIVING WRITERS.
postage.

1!H for Ships' Rigging, Suspension Brid»;es, Derrick
tiuys. Ferry Ropes, &c.
large stoclt constantly Ou

)

double-Cftlumn octavo pages of reading matter yearly. It presents in an inexpensive form, considering
its great ameunt of matter, with freshness, owing
to Its weekly issue, and with a satisfactory completeness attempted by no other publication, the
beat Essava, Reviews, Criticisms. Tales, Sketches of
Travel and Discovery. Poetry. ScientiHc. Biographical. Historical and Political Information, from the
entire body of Foreign Periodical Literature.
therefore invaluable to every American
is
It
reader, as the only satisfactorily freah and COMPLETE compilation of an Indispensable current
literature.— indispensable because it embraces th©
production of

STEEL AND CHARCOAL
IRON of superior quality
suitable for MINING AND
HOISTING PURPOSES
Galvanized

'

&

NEW YORK.

OF

Bonds. 1860-1881.

State Debts and SecuritiesState Debts

many

nthtrs are represented in the pages oI

rer—

SI

Bus-

niAsoN &

CO.,
;adwar, Nen^ I'ork,

IW TO NEW SUBSCRIBERS for the year
ISSl, remitting before January l.the numbers of
1880 Issued after the receipt of their subscriptious,
be sent gratis.

Foreign

Home and

Iiiterature.

r" Possessed of The Living Age and one or other
of our vivacious American monthlies, a subscriber
will find himself in command of the whole situa-

tion."— /%ii«de//)Aia Evemng Btiltelin.]
For $10 50 The Living Age and any one of the
Monthlies (or Harper) fVeeklu or
American
or for »9 60
i<<is-jj') will be sent for a year, postpaid
The Living age and thp S(. Nicholas or Appleiori't
Jo urnal, or Lijijiiarul 'a Muiithlu. Address,

H

;

(

L,ITT£LL'&

CO., Boston.

,

December

1880

18,

THE CH RON (XL
liunrance.

Insarance.

The United
OFFICE OP THE

New York, January 24, 1880.
The Trustcos, lu confonnltj- to t'.io (liurtcr of
tbe Company, Bubmlt the foUowUiK Btat4iment
of Its alTaira on the 31i»t IJcecinbor, 1870
Premiums received on Marino
RiskR, from iHt January, 1878,
to 31st December, 1879
$3,000,000 58
:

Premiums on
ed off 1st

markJanuary, 1879
Policies not

1,071,981 01

Murplas
JAMES BUBLI

UBKHAL AND

Ill raarl Mr««l,

N. V.

$4.*83,«7« 81
872,484 «e

talc In New rf>rk or LlTctvoBl.
(iTcn to Sale sod PareliaM o(

'-IMhlmt.

KfANT •ONCMHION8

IMP<

IK

Murlnif elsewhere.

After the premiums for tlure«or more ]re*rith»v«
been puUl, upon rccrlvinic tho required notice from
the iioKurcd the Cnmpiinjr will continue the PoIIct
In force wlthnut furtner [mjroente, for It* VVlA,
fWB. for sach a porlud the KNTIHB KK8KHVK

u

curry It.
Shoulcf th(> (1 ath of the Inmirert lake pUredarlnir
the continued term of tntiuntnce hk iiriivlded for
above, the full luce of the I'ollijy will be imld— iic
deduction beluK lutule for forebornc or unpaK
premlumB, cxcet>tlnK In the eyent of the deatt
occurring within three years after the orlKlua

Kndowment

of

la u srciiter aum
ftlnt:le prciiiUiiii required to curry the full
of Inauranct* to the end of the endowment
term, the cxceaa ahall be used aa a ainule premium
to purcbiise It pure endowment, payable at the end
of the term, thua iiuarunteelnK to ttiu policy-holder
In every event the full value of hla Heaerve.
ND.slIKRKNIlKRof the Policy la required only
a notice from the [mlicy-holder, on blanka fur-

Policies have been Issued
Life Risks; nor upon

upon

Fire dipcouncctcd witli Marine

thun the

off

from 1st

(

Hennet & Fouike,
COnniMION MEBCHANTS.
PKARL STRBBT.

^31

ItBW YORK.
^l>«cial atttDtiun

given tu lbs sxseatloo of

«/rtf«r

Cootracu tot ratal*

del Tory.

amount

nliilit

Gwynn & Co.

Fielding,

and CO.S'IHTIONS

3,875,101 20

Returns of Premiums and Expenses

KOK ANY CAU8K, KXCEPTINO

KHA III>.

The (oiupuny

upon application, send Clrcu-

840,738 77

Cotton.

1,307,900 00

otherwise

500,000 00

COMMlShUiN

Nu.

1,522,SC0 35

ceivable

10

231,4.'>5

N A

f- f

.\
I

$12,437,739 51
Amount of Assets
8:x per cent I ate rent on the outstand-

Total

ing cortiflcatcs of profits will bo paid to tho
holders thereof, or their legal representatives,
on and after Tuesday, tlie Od of February next.

P. Ci

rcdcenicd and paid to tho hoidci-s thereof, cr
their legal representatives, ou and after Tucsd.ay, the 3d of February next, froiu wiiich date
interest on the amount so redeemable will
cease. The certificates to bo produced nt tho
time of payment, and canceled to the extent
paid.

of Forty per cent

New

8,90».

%

ork.

atteoMon to the purcbaae and

^CONTRACTB FOA KUTUUK

s»j*

UliLIVItKy

P. Billups
C O 1 T O

>

de-

(3 lltiWEIC )«-r«UKKT, .MBW

N

(St:AUE.V'8

SAVI.VGS

NKW

BA.VK

UUIUIING.!

117

YOIIK.

'•rders

Special attention Klvcn to the Purclmae and Saltof Contracts tor future delivery of Cotton nls,-,
execute orders tor Purchabe and efnle of btocks and
Bonds for Southern account.

Wm.

Felix Alexafidc:.

COTTON LKOKEH,
<; K O It <;
A U C USTA

Socretarr-

I

A

CORItltaPONDVNGa BotlClTSl..

A. A. Raven,

Wm.

James G. Do

Forest,

John D. Hewlett,

Frederick Chauncey,
Charles D. Leverlch,
William Bryco,
'William If. Fogg,
Peter V. King,
Thomas B. Cotidington,
Horace K. Thnrber,
William Degroot,

William H. Webb,

Henry

CSbarlae P. Burdett,

John L. Riker.

William E. Dodge,

Eoyal Phelps,

Thomas F. Youngs,
Hand,

Collins,

JONES, President.
CHARLES DENNIS. Vice-President.

J. D.

W. H. H, MOORE, 2d Vioe-President.
A. BAYXN, 3d Yioe-PrMiOeBf.

^

>••,

iitures prointrtly t.s«

iMTTO.N _K'lKEIt>.
M<i I'rurl Mrret, near \%aj|,

.N.

%

flstubllshcd (In Tontine Uulldlna) I8i0.

Co.,

&c

STOCKS,

ii WII.I.IAM
(Orders In

Yoi k

Adolph Lemoyne,
Benjamin H. Field,
Josiah O. Low,

Vork.

><itv
1-

BOMD^i. Ae.
STIIKKT. NEW VOKK.

i

Robert B. Miattim,
Charles H. Marshall,
George W. Lane,
Edwin D. Morgan,
Robert L. Stuart,

Sturgls,

«trevi.

:HH>tColtnii jiid

COTTO>,

References :— National Banli ot Aukusui, tjeur^^o
Henry Hentx & Co., Commission Merchants Kev
York William B. Dana ft Co., Proprietors Comh vi
CLi.1, AKo FiHAHOLU. CBXonoiA asd other Has

James Low,
David Lane,
Gordon W. Bumham,

Co.,

James F. Wenman & Co.

j-

Horace Gray,
Edmund W. Corlles,
John Elliott,
Alexander V. Blake,

Curtis,

I'earl
f'li

H. Tileston
.

Entire attention irtvcD u> purehaH! o* r*»TT»»h
OKDKH tor Sl-IKKKKS. »liu K.VlM.il fc'u.

TRUSTEES:

Charles H. Russell,

¥OHK.

8c
COTTOX EKOKF.BS.

Ac

,

D. Jones,
Charles Dennis,
W. n. H. Moore,

BROIiEKS,

Co.,

COMMISSION MERCHANTS. Dennib Perkins
70 Wall Stree',
No*. 74

By order of the Board,

J.

WALTER & KROHN,
LOITO.\

&

;

Is

clared on the net earned premiums of tho Company, for the year ending 3l8t Deeeiuber, 1879,
for whicli certificates will be issued on and after
Tuesday, tho 4th of May next.

CHAPHAN,

JBBKdlL ADVA.VCm MADE.
gpeclal attention irlT«n to orders fertile poreha**
and sale of C<vitnu:U for riitura Uellvery uf Cotton.

titrcet,

COTTON.

J.

Co.,

HecelTe Oonslgnments of Cotton and utb*r prodoc*
!»

Advances mads on CoDSIKamenTs.
f

&

aAkKaT*.

Keiv tork.

T

A L A U E %

1

S3 Pearl

fiaectal personal

Outstanding

Ccrtlflcatea of tho issue of 187G, will be

Box

€

ic

PBIKI, SFRBKT,

195

UEKl:iiA.^T^.

Re-

CasUia Bonk

juax

H. Farley, COMMI-SSION MERCHANTS

J.

OOTTOM FAfTOUS,

Coniiiany, estimated at

A Dividend

FtMsrI aircft, ^. T.

BuuuiiaT,

r.

«:«TTOX

W. &

H.

Real Estate and claims duo tho

tlio

MKUCUANT8,

C. F. Hohorst

$8,875,558 00

V'tty per cent of

140
CUAS.

other Stocks

Bills

COMMISSION

Assets, viz.:

Loans cccured by Stocks, and

H.

will,

iclvlnu full pnrtlculurs.
OITice of Middle Depiirtinent. Borccl Bulldlnr,
So. U* Broadway, N. V .. Henry W. Baldwin. Sup't.
!;:rR

The ComiMiny has the following
United States and State of New
York Stock, City, Bank, and

J.

reitard Ui trayel, residence.

In

nc'cunutlun uikd cuuhc ui deulb are removed, thus
niakltiu the PulU:leit, after three years. INCON-

TKS'ITHI.K

1,521,331 04

period

Premium Notes and

CfsTTON FArrOMt

by the r<tinpuiiy.

;1

AFrEIl TllKKK VEAUS, ALI, UBSTHICTIOSS

January, 1879, to 3l8t December, 1879
Losses paid during tho same

O. A.

rMO*

;

Bisks.

Premiums marke<l

Lewis

<MMi Mr

Bipa

•

fur tb« (luroluw* or sal* of

Policy prnTtdea ;-

Thutif the E.STIIIK UK.-<KUVK

$9,371,048 10

miums

Tark.

both la New Tork and UrsSPOOL. oa i
terms, and proau paid lu sooa
rsallsad la aUlMf
Bwrkct.

will

default.

N«w

UbersI *4?ancM od rnnilWMitl Of

LIKE I.N»L-UANCK CONTBACTB.
Bxamlnft the new form of Policy iMued bj tb«
United States IJftt Inaurmnce Company ti«fur« In-

The new form

Total amount of Marine Pre-

No

....
....

Aanets,

Robert Murdoch,

Comp'y, COMMISSION MRR CHANT.

261-364 Bri>adway,

Co.

Insurance

rolloa.

States

Life Insurance

ATL ANTI C
Mutual

Tfi

I

J

Campbell,

TICKSBUBG, HISS.
In

our market solicited

WOOSWABU

John F. Wheless

Co.,

Entire attention paid to purehaseand shipment o
Cotton on order for Spinners and Exporters.
Best of references furnished. Cor
solicited.

Cotton Factor*,
Orders to Purchase Cotton
Refer to Messrs
New Yof*.

&

COTTON BROKERS,
No. 160 SECOND STREET,
MACON, GEOBCSIA.

Boues.

&

Futures" executed at N.T. Cottin K>ch

A. L. Leman

;

Parisot

**

ft

STILLMAK

Kcnmif
"

Works at
Obisht, L.

OBIBKT.'

I

The Atlantic

&

Virginia

Fertilizing Co.

&

OFFER THKIR STANDARD BRANDS

Co.,

COTTON

coinnissioN ihehcbants

**

ORIENT COMPLETE MANURE,"

And want a good working s«ent In erery tlirlTlsc
cotton-srowlng county. Apply (wlth reference) to

24ASHV1LLE. TKNNBSSEK.
Special attention giTen o Spinners' orders.

Ajuoihated Boke ScrisraoarBATS ov LiMl^
AND

Corr*.

spoadence solicited.
Rxr>B>!>cxs.— Third and Fourth National Ban^
and Proprleton ot Tbs Coxonou.

vr, G. CRENSHAir, Prea>t,
Ckkxshatt nrABsaousK.

BlchmonJ, Ta.

,

THE CHRONICLE.

Tiii

Cotton.

Cotton.

Woodward &

Stillman,

SEAUEN'S BANK BUILDIKO,
tc

INMAN,SWANN&Co

«£>'£» AL COMMISSION MERCHANTS
AOANS mADB ON ACCEPTABIiE

Cotton Exchange Uuililing,

101 Pearl Street,

New

HOME
Insurance

OFFICE, IID BROADWAY.

Plfty-Fourtb Semi-aannal Statement,
CONDITION OP THB COMPANT ON THE FIRST
DAY OF JULY, 1880.

CASH CAPITAL
LOANS MADE ON

made on Conalxnments.

Special attention paid to the execution of orders

JSOVTnERN SECVRITIES.

(or the purchase or sale of contracts for future

COTTON FACTORS
H.KD COMMISSION MERCHANTS,
131 rheiktiiut
K.^£B1IAS, .ABRAHAM &
l^'cw OrleanH, La.

LBnMA.N, DUBB & Co
Alontgomerj, Ala.

CO^

CODI7IISSION

nERCHANTS,

Henry Hentz & Co.,
GENERAL
coranissioN merchants,
New

8 Sonlli William St.,
York.
Advances made on Consignments to

Messrs. JAITIES FINI..%Y & CO.,
LIVERPOOL, LONDON AND GLASGOW.
Also execute orders for Merchandise through

Messrs. FINI.AY,

MVIR &

CO.,

CALCUTTA AND BOMBAY.
CONTRACTS FOR FUTURE DELIVERY COTTON bought and sold on commission In New York

MENT

^

Total

$6,380,233 80

Henkt

H. WAP-b.

3.

Schrocder,

Ncwgaas

In Liverpool, Me-.srs. B.

Rosenheim

&

Insurance

COTTON COMMISSION MERCHANTS,
111 Pearl Street,

Co.

Tainter,

CiENBRAl, COTTON MERCHANTS,
97 PEARL STREET, NEW YORK.
W.C. Watts. David Haswell. Chas.W. Watts.
Tbomas J. Slacghtek, Special.

&

Watts, Haswell

Co.,

a6 STONE STREET, NEW VORK,
COTTON FACTORS
COTIiTriSSION
AIERCHANTS,
AND
Watts, Haswell & Co. will make advances on Cotton and other Produce consiffned to tbera. or to W.
<X Watts & Co. Special attention given to the exe«ttCiou of orders for the purchase or sale of Cotton
n Liverpool for future delivery, etc.

16

C.

Mohr, Hanemann & Co.,

BABTLETT

0&

S.

Condensers.

R.

M. Waters &

RROAJD STREET,

Consignments

solicited
Orders executed at Cotin N. y.. New Orleans and Liverpool.

&

Co.,

BANKERS
New York.

JEMISON, Galveg ton,

Geo. Copeland

&

lexa-^

Co.

COTTOir BROOCBS,

(38

HENRY

PULSFORD,

Resident JLinager

W. EATON, ©eputj- Manager,

GEO. W. HOYT,

Asst.

Deputy ilanager.

North

Co.,

NEW YORK.

British

Mercantile

Ins.

Co.

OF

LONDON AND EDINBCRIill.

NEW TORE

SOLON HUMPHREYS, Ch't'n,(B. D.Morgan & Oo
DAVU) DOWS, Esq. (David Dows & Co!)

HOLVOKE, MASS.
Bankers* Ledger and Record Papers,
machine Hand-HIade Pnpera.
Antique Parchiueat Papers.
Plated Papers.
Bond Papers.

AOBNTS:

rSlSL STREET. MEW YORK

E. P.

CONRAD &
ST.

Branches

In

J. J.

Morgan

& Co.)

ASffOU, Esq.

CHiS. E.iffHITE, SAM. P. BLAeAEN',
MANAGE us,
Office 54 William St., New Vork.

LyOfmnercial

Leabville. BrLTfA Vista and Gun-

Union

ALFRED

IN B0T7LES,
Imported

Saazer Hops and choice
Bohemian Barley, universally acknowledged the
best and healthiest Rcor In the world. Warranted
to keep in all climates. Agents wanted in all towns
Atk i/our Orocer jor Conrad's Budweiiir.

Ins. Gc.

(OF LONDOiV),

BVDn'ElSEK EA^Gl^iltEER,
from

Esq. (Drexol,

S. B. CHITTENDEN.
EZRA WHITE, Esq.

CO.,

I.OIUS.

nison City, (;o1.; 1)a ia.AS and Houston, Tei.
Sole Proprietors of the "Ori8iim> Builweiser."
Trademai'k registered ii 18;7.

marie

FABBRI.

:

Hon.

JAIUES n. WHITMORE k CO.,
45 BEEKMAN STREET. NEW YORK.

"COTTON COMMISSION MERCHANTS

.t

E.

Whiting Paper Co.,

C.

AND

MOOI?Y

45 IVilliam St.
JAMES

Miscellaneous.

JOHXSTON.

Johnston,

4So. 10 Old Slip,

Insurance Co^npany^

COTTON GINS FOR EXPORT.

YORK.

Jemison

Gin Feed«rs and

Special attention given to Investment securiti s

<C0TTON COMMIS.S'rON MERCHANTS,
53 STONE STREET, NEW YORK.

JE. S.

Gins,

&

London <^ Globe

LONDON, CONN.,

Brown Cotton

t4

OBRS FOR FCTCRB CONTRACTS.

ton Exchanges

Liverpool

United States Board of Management,

"epectal attention friven to the execution of

&

NET SURPLUS
$2,418,570
No. 2 Cortlandt St., New York.
JAS. A. AI,ISXANBER, Agent.

CO.,

THE BRO^¥N
Cotton Gin Company,
NEW

1,658,110
3,000,000

Capital

Receive consignments of Cftton and other Produce,
and execute orders at tlie Kxchdn^es In Liverpool.
Represented In New Vork at the otjice of

BABCOCK BiiOTHKRS b
50 Wall Strext.

$7,076,680

unpaid losses and
re-insui-anee fund

Liabilities for

COTTON COMMISSION JIERCHANT8 AND 8c
BANKERS,

COTTON BROKERS,
J23 PEARI. STREET,

Pool

Assets July 1,1880

COMMISSION MERCHANTS,
17 Water Street, LIVERPCOL,

CO.,

it

brown's building, liverpool.

POOL.

BABCOCK&CO.

B. F.

Company

OF HARTFORD.

made on con

• ignments.

"Wn. Mohr. H. W. Hanimaxx. Clemens Fischeb

fIRAM

Liberal advances

MANUFACTURERS OP THK CELEBRATED

WATTS

NEW

York.

cr the purchase or sale of contracts for future delivery of cotton.

Fat^ire " orders executed at N. Y. Cottoc Exch'ge

W.

New

Special attcntif n paid to the execution of order;

&

Waldron

A

Sons.

J.

^TNA

GILLIAT SCHROEDEB

&

Ware

MARTIN, President.
H. TVASHBURN. Secretary.

CHAS.

other produce coaflgned to cs, or to our corre.
L.

$6,309,233 89

Heltl In the United States, available for the PAYof LOSSES b7 KIRK and for the protection of Pollcy-Uolders of FIRE INSURANCK:
Cash in Banks
$32»,«82 45
Bonds and mortKaees, being first lien on
real estate (worth $4.144,950)
1.852.9128 00
United States stocks (market value)
2,724.500 iO
Bank and railroad stocks (market value) 339,576
State and municipal b'ds (market value)
191,350 00
Loans on stocks, payable on demand
(market value *«00.896 49)„
852.250 00
Interest due on Ist July. 18S«
88,310 47
Balance in bands of agents
142.103 68
Real estate
66,103 16
Premiums due and uncollttcted on policies issued at this office
8,420 88

and Liverpool: also at New Orleans through Messrs.
Samuel H. Buck & Co.

EXCHANGE PLACE,
Ne«r York.

«C4C7S ezetnted at tbe Cotton Exchanges In Ken
'^orkand A^tvcrpc^l asd frdvaaees made on Cotton

«poadent8

00

166,391 83
1,366,888 06

Casli Asaete

St., Plilladelplila.

LEHMAN BRO'S,
Cotton AND Factors

ma& Messrs

1,8,56,954

SDnmARY OF AS8E.TS

^Geo.H.McFadden & Bro

mad

$3,000,000 00

Reserve for Re-insuranee
Reserve for Unpaid LeaseB
Net Suiplus

detirery of cotton.

40

Company

OF NEW YOJXK,
SBOWIXQ THK

Tork.

SECVRITir.
liberal advances

18, 1880.

Insurance.

COTTON
COMMISSION MERCHANTS,

76 W^aU Street,
NEW YORK.

JNos. 74

I.DECBMBBB

PELL,
Resident

Sr

&

Manager

39 Wall Street