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xmtk
MERCHANTS' MAGAZINE.
HI/NT'S
REPRESENTING THE COMMERCIAL AND INDUSTRIAL INTERESTS OF THE UNITED STATES
VOL.
NEW
23.
YORK, DECEMBER
Brown
&
Brothers
No. 59 W^AIili ST., N.
National Bank-Note
(raCORPOKATED KOVEMBKE,
1
Co.,
NEW irORK.
Halted States Bonds, Notes, Cnrrenoy
and National Bank Notes.
BsoKATnra and PBnmwo or
BANR-irOTES, STATB AND BAItROAD BONDS.
P08TAGB AND BEVBNITB STAMPS,
OEKTinCATES, DRAFTS, BILLS OF XJ[.CHANOE.
alterations.
This Company engraves and prints bonds, postage
stamps and paper money for variooa foreign
Governments and Banking Institntiona Sontb
American, European, West India Islands, Japan, &c.
—
Communications tnay bo addressed to thii
Company in any lanffuage,
H. VAN ANTTTEBP, Pres't.
MACDONOUGH, Vlce-Pres'U
A. D. SHEPABD, Treasarer.
mo, E. CVBBIEB, Secretarr.
J.
J.
8A. P.
PoTTKR,
Prcs.t.
Sam'l
DIIJNBOB * CO., PAKI8.
AI.EXANDEBS, OITNLIFFES
.
London.
ClBCnLAB KOTSS AlfO CSBDITS FOB TbaVKLBBB
R, T. WiLSQN
Co.,
5c
AND COMMISSION
MERCHANTS
EXCHANGE COVBT.
LOANB NEGOTIATED.
Co.,
PINB STKEBT, NEW TOBK.
DUAW KXCHANOK ON
DATID STUART & CO., I^lverpoel,
Payable in London.
Advances made on Constgnmeats.
34
Trask
6c Stone,
BANKERS AND BROKERS,
NEW
Winslow, Lanier
&
PINB STREET,
rt
NEW YORK,
Agents for the sale of City, Oonn<y, and Kailroad
Bonds ; Issne Letters of Credit for foreign travel.
LONDON CORRESPONDENTS
CITV HANK. Tbreadneedle Street.
H. L. Grant,
re*
HRRCHANT AND BANKER,
S,
3»
93.
SOLI).
BROAD STREET.
GAS STOCKS
-
^6,000,000.
1,550,000.
Transact a general Banking bnibiess. Issue Com
mercial Credits and Bills of Exchange, available la ali
pa*t8 of the world, t'oilections and orders for Bonds
Stocks, etc., executed upon the mast favorable terms
FKKD'K K. LOW,
lu....„.
IGNATZ STEISUABT,}""**'"-
P. N.
LILIENTUAL.
Cashier.
Merchants' Bank
OF
63
Canada,
UTALL stbbbt.
Paid up,
'«
• • • - - 8,13$,eS6
Exchange bought and sold. Commercial
Credits granted. Drafts on Canada issued, BHls cotlecW
ed, and other Bankinf business transacted.
Bills of
WM. J. INORAM,
JAMES aoLDiE,
LONDON AGENCY,
33
f
Lombard
St.
Gilley, Jr. & Co.,
BANKEBS AND BBOKEBS,
W.
F.
64 BROADWAY AND 19
Box 4839.
W. OlLl-KT,
NEW
STREET,
New York
P. O.
F.
(.„..,.
Agenu.
K. 3. QlIXCT.
J«.,
Mcmljer N. Y. Steele Ex.
STOCKS
J.
NSLSon Tapf. a, Special,
and
BONDS
At Auction.
The
undersigned
hold REGULAR
of all classea of
ADOTION
SALES
STOCKS AND BONDS,
A SPRCIALTT.
on
Brooklyn Seearlttes Booeht and Sold.
WEDNESDAYS AND 8ATORDAT8.
McKim
LA
Anthorlzed Capital, Paid-up and Keserre,
Geo. H. Prentiss,
Charles G. Johnsen,
EAN
St.
& W. SeUgman<&Co.
See potations of City Railroads in this paper.
Room
I.
BBOADW^AY,
BOnOHT AND
186 QRATTER STREET
Agents, J.
capital, . • - - . $9,000,000 Gold.
NEW YORK.
YOBK, CITY RAILROAD STOCKS & BONDS
Commission, and carried on Margins.
Xieposlts Received an'l Interest Allowed.
iar~ Accounts of Country Bsniu and Banlcers
served or favorable terms.
LONDON, Head Office, 3 Angel Coart.
SAN FBANCISCO Office, 422 CaU/onila
corporations and Merchants.
No. 145
STOCKS, BUNDS and OULU Bought and Sold oi
Wi O B
TUB
Anglo-Californian Bank
Co.,
BANKEBS,
Transact a General iliinklng Bnalnoss.
NE
Circular Notes andLettersof Credit tiirough Messrs.
K8* CO., at PARIS, payable in any
part of Europe
liaiancar
Receive the acconnta of interior banlu, bankers
STBEET,
ParM and Ssa
AGENCY OP
Accounts received and Interest allowed on
which may bo checked for at sislit.
COLLECTIONa, and
Invited.
NEW
to
LAZAIiU FKE
and Bonds
$400,000
175,000
&
Money by Telegraph
Transfers of
Francisco.
Bovernnxent Secartttes, Gold. Stocks
Boston business paper discounted. Correspondence
Stuart
BANKERS,
PRINCIPAL CITIES IN BO-BOPB.
the
SIXTY DAY STEKLING ON THE
CONSOLIDATED BANK, LONDON. NEW YOBK
prompt remittances made on day of payment.
Andrew
And on
(LIMITED).
CO.
Bought and Bold on Commission, and
Surplas,
No. 7
ft
;
OS T o N
Klven to
Co.,
No. 8 W^all Street, New York,
No. 4 Post Office Sanare, Boston.
CHEQUES AND CABLE TRANSFERS ON
I'nii.Lips, Jr., Cashier.
Capital,
Special attentloB
CISBDITS.
&
John Munroe
BANKERS
3
CO.,
PABIS,
Liberal cash i\dvances made on conslgnmenrj ol
Cotton and Tobt^cco to our address also to onrirlenas
In Liverpool and London.
Maverick National Bank
I
LONDON,
On LAZARD FRERES «
STERLINQ CHEQUES ON
in the highest stjla of the art with tpteial m^t'
gvards devised and patented, to prevent cotmter
and
SMtes and adjacent
any part
starting for use in
MAKE GABLE TBANSFRRS OF MONEY BETWEEN THIS COUNTBY AND ENGLAND, AND
DRAW BILLS OF KXCHAN&E ON GBEAT
BRITAIN AND IRELAND.
AND COMMERCIAL PAPERS,
lei ting
pouncU
THEY ALSO ISSUE COMMEBCIAL
SKaBiTxna or thi
65 Pine Street,
DUAW SIGHT & TIME BILLS on the UNION .BANE
tQO of repayment. Circular Credits for Travelers, in
countries, and in
of the world.
-WALL STREET,
Lazard Freres,
Co.,
\'.,
Issue, against caSh deposited, or satisfactory gnaran-
dollart for use in the United
1886.)
too.
Financial.
Financial.
FinanciaL
OITICE, Ko.
NO.
23, 1876.
47
Brothers
BANKEBS,
WaU Street, New
&
Co., ADRIAN U. nVLLER
York.
No, 7
PINE STREET,
NEW
A
SON,
YOBK.
J
THE CHRONICLE
II
Southern Bankers.
Bofton Baabers.
&
Brewster, Basset
Co.,
Sau'l U. Kbnxkdy.
Pre-ldenU
CommUelon
AncUons.and Private
Broken
at
Board
Sale.
InTeatmeDt Secarltles conatantlv nn han^.
&
Kidder, Peabody
Co.,
ROSTON, MASS.
OOUMKBOIAI. A.HD ClBOCLAB UtTTXBS OF CxXDIT
laSUKD ATAILABU IN ALL PABTS OF THK WOBLD.
fiZOHASeB
0» LOWBOS, PABIB, AlTD OTHBB COjmitBllTAt
Bankebs,
CO RKKSPO .N D E N TS.
W. House,
T.
33 Wall Street.
Co.,
Gold, Silver and Negotiable Securities.
BANKERS,
STATE STREET, ROSTON.
40
DEALERS IN GOVERNMENT
State, City,
SECtTRITIES, Gold,
County and Railroad Bonds.
&
Richardson, Hill
No.
1
COLLECTIONS
St.,
BOSTON.
BDTS AND SELLS EXCHANGE ON ALL THE
PRINCIPAL CITIES OF THE UNITED
STATES AND EUROPE..
Adams &
Bnnlnesa Paper bonght and sold,
Depoalta received, Collectlonii made,
executed on
all Flrst-CIata Securltlet
&
Parker
BAK&EBB,
78
Bnr and
Western
and
City
Conntjr Bonds.
Fhila.
&
Baltimore Baokers.
WA
PUIIadelphla.
Ordera In Stocks and Bonds promptly ezecnted at
the Philadelphia and New York Boards.
&
Wilson, Colston
Co.,
BANKERS AND BROEEBS,
baltihuOre.
INVESTMENT
"i.
and
30
Sc
Refers to Henry Talmadge
ern Bank, Savannah, Ga.
Co.
Bank,
W^IIiMINtlTON, N.
Collections
made on
all
parte of
tfce
e give special attention to collections
sible points.
IHORGAN
&
G.
on
tc
CO.,
LONDON.
G. C. Ward,
a^VI
J.&W. Seligman&Co.,
anker i.
Issue Letters of Credit for Trarelers,
Payable in any part of Enrope, Asia, Africa, Aastrall*
and America.
Draw Bills of Exchange and make telegraphic transfers of money on Europe and California.
-
The Bank of Montreal
OF SAN FRANCISCO,
SAN FRANCISCO, CAL.J
18
PBEPAKED TO ISSUE
Circular Notes and Letters of Credit
TO TRAVELERS,
Capital, fully paid in coin, $10,000,000.
J. C.
AVAILABLE IN ALL PARTS OF THE WORU>.
President.
Vice-President.
Chas. F. Smithers, I Agents,
»_„_.„
Walteb Watson, j
FLOOD,
MASTEN,
Cashier.
No8. 59
A:
61
IVALL STREET.
COSRESPONDENTS:
LONDON
Smith, Patse &
The Bask of New Y'obk,
Smiths.
N. B. A
The Bank of New York, N. B. A., is prepared to Issue
Telegraphic Transfers, Letters of Credit and Drafts
on The Nevada Bank of San Francisco.
&
G. Amsinck
ISO Pearl Street,
Co.,
New York,
ABISTS rOK THE
LONDON AND HANSEATIC RANK,
(LmiTlD).—LONDON.
acces-
all
Directors.—Benjamin A. Botts, Pres't: W.J. Hutchins, Wm. M. Rice, A. J. Burke. C. C. Baldwin, W. B.
Botts, C. S. Longcopc.
BENJ. A. BOTXS, Prest.
Cashier.
JNO. W. UILLBB
Thos. P. Miller
&
Co.,
BANKERS,
Hilmers,McGow^3n&Co
BANKERS AND BROKERS,
ST. LOUIS,
no.
BROKERS IK
FOREIGN EXCHANGE AND GOLD,
63 IVall Street, New York.
AND
DEFAULTED MISSOUlJl COUNTY, CITT
TOWNSHIP BONDS MADE A SPECIALTY.
RAILROAD
BOSflS, STOCKS,
Our long experience
(P. O.
MISCELLANEOUS
SECURITIES, ETC.
merclal
Special attention pjlil to collections, with prompt
remittances at current rates of exchange on day of
—
Correspondents.
German American Bnnk,
fork; Loulalaua National Bank, New Orleans
of Liverpool, Liverpool.
;
New
Bank
2,847.)
E
above class of Securities
enables us to be prepared to make cash bids by wire
S.
.
6S
in
Love & Co.,
ST. LOUIS, Mo.,
BUY DEFAULTKI) MISSOURI COUNTY BONDS;
BUY AND SELL TEilAS LAND SCRIP.
Com
bills.
Bat ley,
WALL STREET.
Dealings in
to parties giving full description.
ALABAini.
BOX
Special attention paid to the negotiation of
ALSO,
AND LOCAL
THOS. P. UILLKi:, B P. WIILIAMB,
payment.
fi
Y'ork; South,
TTnlted States
OUSTO N, Te X AS.
H
W
ni01>^lI,E,
Attorxbtb and Agkxts or
fflessr*. S, 8.
No. S2 OLD BROAD ST.,
The Nevada Bank
Capital, $5Q0,000,
WEEMS,
Deposits received subject to Draft. Securities, Gold,
CommlsElon. Interest aJlowed
en ireposits. Foreign Exchange. Commercial Credits.
Cable Transfers.
Circular Letters for Travelers,
available in all paits of the world.
Ac., bought and sold on
Cu
THE CIT¥ BANK OF HOUSTON,
B. F.
Co.,
-
NEW YORK
A. S. WAJ.KZB,Ca8taler.
National
First
New
&
Information far-
Southern Bankers.
E. E. Bdrrusb, Frea't.
Jemlson.
Savannah, Georgia.
32 Pine Street, Ne^v Ifork.
LOUIB McLANE,
ft
Pblladelpbla.
ParU.
DOMESTIC AND FOREIGN BANKERS,
88 BTATiC 8TBEBT, BOSTON.
Moody*
N. K.
solicited
& Co
Boulevard Haussmaoo
AeXKTS roB
Dealer in Coin, Southern Securities and Exchange.
Loans Negotiated. Advances made on Securities
placed in my hands for sale at current rates.
Address,
and VIRGINIA SECURITIES a
CoBREBPONDE^Ts— McKlm Brothers
31
BANKERS,
Qished.
N.
St.,
69 EXCRANGB PLAOB,
CORNER BROAD STREET, NEW lORK.
specialty.
Correspondence
Drexel, Harjes
Co.,
South Third
RROKER,
Western
STREET,
JjyVT
S4
TEXAS.
Correspondent
&
Drexel
James Hunter,
STOCK BROKEB,
No. 319
Drexel, Morgan & Co.,
WALL STREET,
B (RING RROTHERS &. OOmPANT,
62 WALL STREET, NBW YOBK,
f"
Austin,
Bell
J.
New York
Stackpole,
OEVONBHIRB STREET
BOSTON,
Sell
DAI.I.A.SI,
;
AND DRAW EXCHANGE ON
Mobton, Rose & Co., - London.
HOTTINGUEE & Co., • - - PaeIS.
Hope & Co., - - - Amstsbdam.
S.
Leonard,
BANKEnS.
Advaucea on Collaterals,
Investment Secarltles.
Ordera for
CommlBalon.
MADE THROUGHOVT THE
8 J ATE.
Co.,
Water
Simmon's Bcn-Dma, 40
Money
of
No.
DEALER IN
&
Chas. A. Sweet
Negotiate First-Class Railway, City 3R5
Loans ; Make Telegraphic Transfers
CORNER OF BROAD, NEW YORK.
HOUSTON, TEXAS.
ST.,
N. T.
St.,
Notea
Ciroular
State
BANKER,
MAIN
Bboad
3
and Letters of
Oredit for Travelers;
also Commercial
Credits available in all parts of the World.
free of charge.
LONDOir— London Joint Stock Bank.
Paris— Messrs. A. & M. Heine.
Naw York— The Bank of New York, N. B. A.
San r ranoisoo— 1 he Bank of California, and The
Nevada Bank of San Francisco.
41
Olllce,
Morton, Bliss & Co
Issue
Especial attention gl^en to Collections, and Prompt
Remittances mad°. Exchange purchased on all points
the United States and Caond i.
Sterling and fiance bought and sold.
CITIBS OF EUBOFB.
Neir York
Cashier.
Transaetsa General Banking Business. Collections
made
paper.
Ordera axecated on
C.
Financial.
BUPOT,
(FOEMBKLT lOniSIANA STATB BANB.)
Blocm, Bonds, Gold and CommeroUl
In
],.
State National Bank
OP NEW ORLEANS.
CONGRESS STREET,
Boston, niaa«.
IMalen
CBAS.
Capital, $850,000. Limit, $1,000,000.
BANKERS,
No. 35
[December 23, 1876,
Insurance Stocks,
A SPECIALTY.
Cash paid
will be sold
at
ou
once for
tlie
above Securities or Uie
cuinniie^lon, at
;
et^ller'ii
option.
Dec mber
23,
Foreign Bankers.
Financial.
FISK
Henry
& HATCH,
&
King
S.
Financial.
Co.,
BANKERS,
BANKERS,
No. 5 .NASSACJ ST.,
45 Pall IQall, London, Emsland.
Issue CIRCULAR N0TK8 /»-M ()/ cAar^s, tnllaUc
NBW YORK*
Ubaxixoc
IN GOTISSKBNT BONDS AT OUBBSNT MABKBT BATBS
BDdareprep&redtBt bll times, to bay or sei; la Urge
attention to Diicci
reference to
In
all
Mak«
aleo
pleaaod to furniAh Information kn
msttera oonnecte'l with tnraatmeDti
buy and
Oold and Uold
sell
Igaliut
The American Mining 8c
on
Collections
all
Stock Exchange,
Rocelre Uepoall
Pointa.
and CnrroDt Accounts on farorable terms, and do a
General London and Foreign Banking Buslneei.
QoTernment Bonds.
We
Diilutli, Minnesota, It miktag ft readjuvtment of tM debt. Tbe bolden of i\M b^nds %t%,
rrtjuestetf to send their addreM, and the nttmbcri aatl
ainonnU of their bonds, to L. MBNDENHALL. Sl^
Bouth Fourth Urcet, Fiiilai>ku>uia. ]'«.« wbea Mxtj
will receive full Infonnstlon thereof.
Execute Orders on the London Stock Kzchange.
tiOD.
eh^l be
OM
for
ConalKnmenta of Marchandtss.
or snull amounia, to suit all clauei of i&/estort.
Orders by mall or telegraph will receive caref al atten*
We
COMMERCIAL CREDITS
Orant
Duluth City Bonds.
The City of
in all parts of the world.
We glre partloolar
U
IHE CHRONICLE
1876.J
KING, BAILLIE tc CO., Liverpool.
NEW YORK CORRESPONDENTS,
Me—r». WABD. CABlPag|.L 4c CO.
('oxrpoira
COLLXOT Dividends, and Town, CovNTrand Statb
Coupons, Ac., and buy and sell, ox COKaisaioN, all
Mabebtablb Stock and Bonds.
Id ourBANKiNG DxPARTHBNT we recelvc deposits
and reuUtances snbjftct to draft, and allow Interest
RASSAL' ST., COR.
No.
NEW
The Amerlosa Mining
and after January
!!,
*
OF PINB,
YOUK.
Doc.
SI.
Etock Eichang*
im, add
1»».
will,
on
to its regular Uat rail-
•
Adolph
9l
hatch.
Buy and
Sell on Commlse'on American Secnrltie'
Holland and other Continental Markets.
Mak-! ColLctlons throughout the Continent 01
Europe.
Make Payments on
Letters of Credit to Traveleri
and transact a general American Banking Bnsiress.
Refer by special permission to Messrs. l^Uke
Brothers & Co., Boston and New \ ork, and to Meaarr
S. * W. Welsh, Philadelphia
of London.
upon favorable terms.
as agents for Corporations in paying Interest
aoaueTDS
Aug.
and
remitted.
Knoblauch
&
Lichtenstein,
all
BBOWH.
C.
INVESTMENT SECURITIES.
STATE, liAlLnOAD, COUNTY AND MUNICIPAL BONDS OF TEXAS,
STO«K AUCTIONEERS,
BANKERS AND BROKERS,
TEXAS LANDS AND LAND SCRIP
FOR SALE.
43 PINK STREET, NKW YORK.
Established 25 Years.
^
Ucfrtilar
Financial Agent of the City of Houston, Texas, and
United States Centennial Commissioner from Texas
Auction Bales of Stocks and Bonds every
MuDday and Thursday, our established custom for:i4
years, or special sales made on all other days when
HVe
Buy and
Sell
39
Allows interest on deposits, returnable on demand,
IN.
or at epecitled dates. 1h aithurized to act as Kxecutor,
A<iminlHtr*tor, Guardian, Kecelver, or Trustee. LtkeMTlse, l8 a legal depoaUory for money paid Into Court,
or by order of any feurrogaie. Indivlcluals. Firms ana
Societies seeking Income trom money iu abeyance, or
at rest,
tlon.
Beers, Jr.,
wlU And sufetyand adraatuge
F. SPAULDINQ, President.
BENJ. B. SHERMAN.
}
Vice
FRRDEHICK H. COSSITT, JPrealdentfl,
UABCOCK.
Secretary.
P.
C. K.
KXECVTIVE COMMnrtE:
WALL 8TRKKT.
DUE
IN 1893;
40
tt'all
Street.
"
ALL THE FIRST-CLASS
Texas
Securities
FOB SALE Br
FORSTER, LUDLOWr &
No. 7
CO.,
BAKKERS,
Wall Street, New Vork,
Ayo
AUSTIN, TEXAS.
MISSOURI COKNTV BONDS,
Shelby Co., Tenn., B'dii and Coupons,
BOUGHT BY
H.
TORE If &
CO.,
Jacob D. Vermliye,
Amos
BeuJ. H. therniaii,
Sam'l D. UHbcock,
Martin Bates,
Frederlcit H. Cossltt,
Isaac N. Phelps.
£dmuQd W. Gorlles,
it.
Eno,
New Y'ork City 6 and 7 Per Cent Bonds.
Oswego City. N. Y.. 7 Per Cent Bonds.
Town Bonds of State of N. Y., 7 p. c, scmlHinnually.
Illinois 10 Per Ct. Keglslered County Bonds, duo 18W.
Texas Pension 10 Per Cent Hoods, due ISai.
WANTED.
T'nB'dsof Sodus.wnilarason and Wolcott, M.T. State.
City of Orand Haplds, .Mlcb.. 8 Per Cent. Bonds.
Atchison i Pike's Peak luilroad Bonds.
City of
New
Orleans Bonds.
llurlli>gton Jedur Ita, Ids
WM.
K.
Alabama
SST.nel D. BabcocK,
Jonaiban Tborne,
Isaac N. Ph'tlps,
Josiab .M, Flske,
Co.,
tJDurios
ii.
Laudon,
KumuQd
W.Corlies,
Kn'dcrick ll.Cossitt,
nuihim fi. ApplctoD,
Gu.*uv Schwab,
I
<
BeiiJ,imin B.
Georiee
W.
Sherman,
l.aue,
Jacob \). Vennllye,
GcD. MancuHcuh Miller,
Koaweli Stteol,
A. A. Low.
Adrian Isetln,
Amos
If.
hno,
i>avid i>ow8,
Manln Bates,
Cb.irles O. ttancWyn,
WlllNmll. Weub,
J. Plerpoiit Morgan,
William Allen Batter,
JamctfP. Wallace,
Percy K. yne,
Charles Abernethy,
Henry F. Bpauidlng.
i
& Minnesota RB, Bonds.
19 W^all St., N. Y.
VTLEY,
State Bondis,
South Carolina State Bonds,
Louisiana State Bonds,
New Orleans City Bonds,
mobile &. Ohio R. R. 1 St Mart. Bonds,
WANTED BV
LEVY
53
BOARD OF TRUSTEES:
BANKERS,
19 k 21 Nassau Street, Nenr York.
TBAKSACT a general bantrlng basineu.
Z>K^ L in tnreatment securities.
BUY slidescriptisnsof DNCUKRKNT Bonds, alio
Vcntls RKPODIATbD by ClTlEd and COUNTIES.
iu this iuatltu
HKVUY
Stocks,
Amy &
CO/tPINEST
Capital,* 1.000.000,
Dealer In Railroad and InTestmcnt Stocks and Rondf
H.
;
Rochester City Stvens,
NEW YORK.
C*J^J^J^SAUSt,
GAS STOCKS,
»J<
IN 1888
FOR SALE.
PKUIE INVESTMENT SECURITIES OUB SPECIALTY FOB 25 YEAKS.
Brooklyn
Sevens,
BROKERS IN MISCELLANEOUS SECURITIBS,
No. 4 Broad Street, NeMr T«rk.
Interest Coupons and Dividends collected for our
customers free of charge.
N. T.
BROADIVAV,
on Commission,
DEALT
DCS
S.
Choice Municipal,
7, 8 and 10 per cent,
City, County, Town,
School and State Bonds,
Innraace and Bank Stocks,
Kallroad Bonds,
€lty lUUraad Stocks and Bonds,
Gaslight Stocks and Bonds.
Trnst Companies, Telegraph,
Express, Mining and Manufacturing Stocks.
STMCTLY VlltST CLASS SECUHITIES ONLY
BT
BONDS.
STATE OF TENNESSEE COI/PONS,
OFFICES:
required.
Government Securities and Gold, also Stoeks and
Bonds, bought and sold at the Stock Exchange Itoards
of New York, Hoston. Philadelphia, Baltimore and
6an Francisco, and at private sale.
Stocks and Bonds not dealt In at the New York
Stock Exchange our specialty for many years.
ST.,
Boiiton,
Oswego City
Che w,
A SPECIALTY.
Ko.
DBV0N8HIRB
BANKERS AND OEALBRS IN
Son,
DEALER IK
& Co.
IS
DAKIEE. A. MORABr,
principal cities of Kurope.
Albert H. Nicolay
PINE STREET.
NeiT Vork,
RAILROAD SECVniTIRS.
J.
SPECIAL PARTNEIt,
Berlin.
30
Wm. Bailou & Co.,
FOn SALE BY
St., cor.
DEUTSCHE BANK,
Ge^.
SPECIAL ATTENTION GIVEN TO THK NEGOTIA
TION O*-
Ezchanso Place,
NEW YOUK.
Make Telegraphic Money Transfers.
Draw Bills of Exchange an<MB)ue Letters oi Credit
OD
&
Brown
J.
H.
BANKERS,
Pine Street, New York.
34
BANKERS,
39 William
j,
also as Transfer Agents.
collected
WALSTOH
bbowv.
Obo. H. Holt,
N. V. Stock Ezcbftage.
BIIJNICIPAI.
Financial.
and sold on Commission.
Interest
fixed at l-3IHh of
FOKSTKB.
Chairman of the Executive Committee.
Member
Bunds, Stocks, Commercial Paper, Gold, &c., bought
IHTldends, Coupons and
B.
G»o. Wm. Ballou.
in
Acsoants and Agencies of Banks. Bankers and Mer
Coupons and Dividends, and
FRANCIS
per cent.
AMSTERDAM, HOLLAND
NEW YORK,
Act
shares and mlscellaneoas aecurttlet, tb* rate »f
commission on which has been
aNO
No. 52 William Street,
cantlle Firms received
way
COinniSSION mERCIIANTS,
M. K. Jesup, Paton ScCo.
Draw Exchange on Union Bank
Co.
BANKERS
to bo credited monthly, on balances averaging, for the
month, from $1,000 to $5,000, at the rate of three per
cent per annum, and on balances averaging over
$5,000, at the rate of four per cent.
FISK
&
Boissevain
ac
BORO,
EXCHANGE PLACE.
WttLIill P. TDTTLK,
JOBK KWKX, JB.,
Member Stock & Gold Ezch. Member Stoclc Ezcbanga
EWEN & TUTTLE,
BANKERS AND BROKERS,
N«. 62 Broadivay
and 31 Ne^
Street,
Buy and sell Stocks, Booda and Uold on s<)iBHilaaloa
latsreat Mlo*'^ on t'epoiUi.
:
'
THE CHUONICIR
».
MKRICAM HJUlHATItiK NATION A
A
I^
B«ai,M«w TOHK, December 1, -.eie.-ELECTION.
-An el««Uon
(or Dlrecton will be held at the olllce
»f atHBiiBk
on TvB«DAT, January
•«to«^lf . to
1
901, 1877,
from
13
o'clock P. U.
WILLgbK, Oubler.
E.
BLANOV£R NATIONAI^ BANK
THK
OF THE CITY OF NEW TOBK, New York,
ISW.—The Board of Directors hare
this
I>«a«nlber
HALF
day declared a Dividend of THREE
of
(3H) PEK CENT, free of Ux, payable on the
January next. The transfer books will be closed on
prox.
2d
the
t]i$Jt2dJnatan^ and remain closed uatll
1»,
AND A
GEORGE W. PERKINS,
M
Cashier.
HB nETROPOLITAN NATIONAL
BANK, New
York, December
19,
January, prox.
NEW
•^INTH NATIONAli BANK,
18W.— Tho Koarrt of Directors
hate declared a Dividend of THREE PER CENT on
•he capital stock of this bank, p.iyable on and after
January
from
2,
20,
The
IS77.
books
transfer
will
be closed
(hclSid inst. to the 2d proximo.
U. H.
NAZRO,
on the capital
stock of the company, from the net earnings of the
three months ending Dec. 31, Instant, payable at the
offlce of the Treasurer, on and after the I5th day of
January next, to shareholders of record on the 80th
day of December.
The transfer books will be closed at 3 o'clock on the
afternoon of the 20th Instant, and opened on the
morning of the 16th of January.
R. H. ROCHESTER, Treasurer.
Cashier.
Annual Dividend of SIX PER CENT has
from the earnings of the
tocen declared
CLINTON
Washtnoton a. Hall,
this
nay
last
STA^.KEY,
The
.'Vttentlon is called to the now plan of re-organtz-ition of the above Company, proposed by the undersigned and others, in opposition to the plan recently
submitted by Messrs.
and
T.
six
ERS
meet
are requested to
M., to devise
JOHN
Cashier.
Cashier.
Wall
street,
New York, Dec. 13, 1K76.— The Board of Directors have
also,
m. K. JESUP, PATON
B.
TE
R IH
I
Nos.
payable on and after January
D. D.
i,
Secretary.
& Nobthwesterm j
Kailway CoMi'ANY, No. 52 Wall St., >
Office of Chioago
New
York, Dec.
&
178
7,
IsW.
Desires the agency of one or more large Estates, the
of which requires judgment and discrimination, and where the owners, from absence, or
other reasons, do not wish to be burdened with the
details of renting and collecting rents, effecting In-
payment of taxes, etc.
references
Wm. E. Doo(fE.
S. D. Babcock. Esq.,
E. 8. Jaffbay,
Hiram Barney, Esq.,
HoMEK Morgan, Esq-
surances,
inst.,
at 2 o'clock P.
78
CITY
G. T. BoHiier
change.
De.'ilers in all
out the country solicited.
Funding of Southern State Bonds.
We
are prepared to fund Bonds of the followln.
Southern States, Id accordance with their sevcra
Fnnolng Acts, upon the most reasonable term
^AlTbImA, LOUISIANA. SOUTH CABOLISA
ATA N TED
Xi Inst., to the stockholders of record
books on the Uth
The Real
ST.
HeraUi
inst.
Office of the Hannibal & St. Joseph Rail-;
LlL-l
Road Company, No. 78 Broadway,
New York, December 22, 1876. )
rpHE INTEREST ITIATURING JANCon the bonds of this Company, also
on W.OOCOOO Missouri State Six Per Cent Bonds, known
as " The Hannibal & St. Joseph Issue," will be paid on
and after the 2d day of January, 18,7, on presentation
of the proper coupons at the Bank of North America.
I,
1877,
JOHN
P.
ACKER,
Treasurer.
Office of the IIooston & Texas Central}
Railway Company, 52 Wall street,
New York, December 1S)76. >)
li,
rpHE TWENTT-FIRST
SEMI-ANNUAL
IWTEREST COUPONS on First Mortgage Seven
Per Cent Gold Bonds of
1, 1817,
win be paid
Illinois
this
Company, due January
at tho National City Bank.
C. ENNIS, Financial AgcM.
Central Railroad Company,
New
Y'oek,
BIVIDE\D OF
December
20, 1870.
J
has been declared by this company, payable on
thelstday of February next, to the holders of the
capital stock of this company, as registered at the
close of the ifth day of January next
after which,
and until the 5th day of February, the transfer books
will be closed.
L. V. F. RANDOLPH, Treasurer.
;
FOR
SAI.E:
Louisiana State Consol. Konils.
Louisville (;ity7r, due 18J8.
KeoKuk 6 Des Muiums V. R. First Mortgaee Bomls.
ludlanspolis Clncinnnil & Lafayette liR. 7a of 1669.
C. T.
BONNER A
20 Broad
Oflice.
Street,
CO.,
New York,
Estate First Mortgage Bonds
THE MERCANTILE TRUST COMPANY
OF NEWT YOBK^
Capital,
(Of which $1,003,000
is
S3,000,000,
Invested In United States Goveniment Bonds,)
Are among the Safest of all Securities, for tlic following reasons
First— They are (ach secured by a specific First Mortgage of Improved Real Estate.
bEcoND The property mortjjaged to sjcure each loiu is valued by the Company's appraisers at not
less thm double the amount loaned.
Third— The property is so improved that its rental valae will at least pay the Interest, taxes and
insurance.
Fourth -The mortgage belongs to the investor, not to the Company.
FiTTH- The Mercantile Trust Company, with a capital of $^,000,000, guarantees the titles, the
valuations and the punctual payment of principal and interest at its oflice. Equitable Building, No.
180
Broadway.
New
Yorli.
also among the most desirable of all securities, for the reasons that
First— They pay Seven per cent per annum.
Second— The interest is payable semi-annually by coupons, and can be collected through any bank
Tbey arc
or banker iu this country or iu linrope.
Third— They are uniform, convenient and negotianle. and can be used as collaterals.
FouRTU— They can be registered in the name of the invcstcr.and thus guard iiim from loss
theft or carelessness.
by fire
DIRECTOBS OF THE COHIPANY
>
TWO FEB CENT
-^*-
Little Miiimi Kit. First .Mortgasre Bonds.
Dayton & Miohigin Xli. First Mortgaie Boadg.
GUARANTEED BT
The transfer books wlU reopen on the Jith of Dec.
at 10 A. M.
M. L. SYKES, Jr., Treasurer.
ARY
:
)
stock of this Company, payable at tWs office on and
December
VlIfaiNlA.
TJill.\t,8ti liE,
Alabama Stste Bonds.
P,itbm-ghCl:v Uoads.
Por Cent has been declared on the preferred
at tho closing of the
descriptions of Bonds and Investment
The correspondence of Bankers aad Brokers throngh-
CAN INFLUENCE
147,
Co.,
Stocks, bonds, and Government Securities bought
and soid on conmiiaslon at the New York stock Ex-
Ts,
NASSAU
Manager, Box
&
Esq.,
Esq..
Jr.,
BAKSERS AND BUOKERS,
No. »0 Broad street, New York.
Broadway.
business, by way of buying and selling stocks
for cash, and on a margin, would make some arrangement with a banker or a stock-broker. Address
DrriDENDOFT^rOANSAHAIiF
after
RE4.L ESTATE,
BROADWAY,
management
Y E & CO.,
13
CO.,
:
at the offlce of the
MANNING,
AFABTY WHO
18,7.
LEEDS,
IC
L.
&.
Street.
Geo. H. Petrie,
BROKER & AGENT IN
;
an
waiiam
62
FOB BALE BT
EXTRA DIVIDEND OF FIVE PER OENT|
A
Full information given by letter or otherwise, and
oompletcd loan papers can be seen at the olllce of the
Bank's agents In New York.
day declared the usual
SEMIANNUAL DIVIDEND OF FIVE PER CENT
•*-
Piersou,
BROOKI.YN CITY 7n,
KINGS COUNTY T»,
ROCHESTER CITY 7s,
NEWARK CITY 7e,
JERSEY CITY 7s,
ELIZABETH CITY 7s,
2, '.877.
11
6.
productive
C. M. Lindgrew,
O. W. Potter,
John Crerar,
Isaac Waixel.
Anson Stager,
George Straut,
fl. G. Powers. Vice-Prcet.
L. B. SiDWA Y, President.
John B. Drake, 2d V.-Prest. James S.Gibbs, Cashier,
some means for presenting to the General
NEW YORK
LNSUIiANCE COMPANY, Ko.
Wm.
Assembly a plan for the adjustment of the State debt.
/^FEICE OF THE IIAMII.TON FIHE
A
H. Hays,
undersigned, on Wednesday, aith
NAXIONAl.
ANTHONY HALSEY,
410)
Wm.
Haskms Dupuy.
Copies can be obtained on application to
MORAN BROTHERS, 68 William street.
H. AMY & CO., 19 & 21 Nassau street.
trust on
In Illinois and Iowa, bearing EIGHT and NINE
per cent interest, payable semi-annually.
All loans made by this Hank are upon such favorable
terms that they are sought by the best class of borrowers, and prompt payment of Interest and principal may be relied upon. Interest Coupons cashed by
the Bank's agents in New Y'ork.
No loans made without actual knowledge of security.
Titles examined and approved, and all papers
prepared by Bank's attorneys.
The Illinois Trust and Savings Bank has a paid-up
capital of $300,000.
Its Directors are
George Sturges,
W. F. Coolbaugh, L. Z. Leiter,
W.H.Mitchell,
R.T.Crane,
J. McCaffrey,
2.
H ICKS, Secre tary.
To the Holders of Mobile & Obio BB.
l8t and 2d mortgage Bond«.
of
farms
H. C.
BANK, New York, December 19, I8T6.— A dlvl.
dend of FIVE PER CENT (5 per cent) will be paid on
this
and re-open on the morning of January
2;J,
for sale
•fTcrs
BONDS, secured by deeds
1877.
2,
BANK of
MORTGAGE COUPON
The ILLINOIS TRUST and SAVINGS
CHICAGO
transfer hooks will close at 2 o'clock P. M., Dc.
President.
'pHE TBADESItlEN'S
and after January
declared on the Capital Stock, pay-
able on and after January
U77.
TV.
CONSOI.IDATION
Coal Company of Maryland, No. 71 Broadway, New Y'ORK, December 5, 1876.— At a meeting of
T^OBTH CABOIilNA BONDHOI.D-
Decemberie, 1870.—DIVIDEND.— The usual Semi-
2,
THE
/~VFFI€E OF
•pHE ORIENTAL BANK, New York,
months, payable January
)
QUARTERLY
ONE AND ONE HALF PER CENT
has declared a
cember
traosfer books will remain closed until January
GEO. 1. SENEY, Cashier.
8th, )8Tr.
YOIIK, Dec.
)
Reliable Investments
DIVIDEND No. 38.-THIS COMFANTf AT EIGHT AND NINE PER CENT..
DIVIDEND of
PER CENT, was
Bank
of the Metropolitan National
have thli day declared a semi-aanual dividend of
FIVE (6) PER CENT, payalilc on the first Monday of
The
Financial.
IMTAHI,
WisTiiRK Union Teleoraph Cokpany,
Treasurer's Office,
5l,'l876.
New York, December i8,
the Board of Directors lield this day, a dividend of 2}^
IDW.
DIVIDEND.
The Directors
[December 23, 1876.
Financial.
FinanciaL
:
;
:
LOUIS FITZGERALD,
HENRY A. HUKLBUT,
GEORGE D. MORGAN,
JAS M. MORRISON,
Vi^ILUAM SLOANE,
UENEY B. UTDE,
GEORGE H. STUART,
DANIEL DODD.
HENRY M. ALEXANDER,
WILLIAM G. LAMBiatT,
JAMES M. HALSTEU,
JOHN J. M'COOK,
BENNINGTON P. RANDOLPH.
I.OUIS
I
I
|
|
I
I
WILLIAM HENRY SMITH,
HENRY G. MARQUAND,
RICHARD IRVIN, Jb.,
ALANSON TRASK,
WILLIAM MILES,
ELBERT B. MONROE,
FITZGERALD,
KENRY
A.
President.
Vice-President,
aUBLBUT,
xmtk
HUNT'S MERCHANTS' MAGAZINE,
REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OF THE UNITED STATES
VOL.
SATURDAY, DECEMBER
23.
CONTENTS
For two reasons
THE CHRONICLE.
The Usury L«wB una theJr Reform
The Repeal of bank Taxation
Silver and Gold— The Prup iscd
607
608
News
Commercial
and
618
the pressure of the usury penalties in
614
different
Miscellaneous
Ne.vs
GIO
IcnportB
6ia
Monetary and Commercial
EnRllBh
Incrraeo of Silver Coin iu Get-
many
and ExporU fur October,
Money Market,
TnS BANKERS GAZETTE.
TJ.
S.
Local Sectiri'ies
Gl'J
Investments, and State, City and
Corporation Finances
630
021
6aS
629
6iM!Expor,6
,
C3r
I
Prices Onrrent
^\)t (iLI)roiiifle.
Thk Commercial and Financial
day morning, with
CnRONici.B is issued on Saturup to midnight ef Friday.
tke latest news
TERMS OF SUBSCRIPTION-PAYABLE
IN
ADVANCE:
For One Year, (including postage)
For Six Months
Annual subscription in London (incladlng postage)
Sixmos.
do
do
do
ijilO
20.
6 10.
£2
2s,
1 38.
Sabscriptions will be continned Hiitil ordered stopped by a written order, or
at tite pubticaHon office. The Publishers cannot be responsible for Remittances
unless made by Drafts or Poet-OlHcc Money Orders.
I'Ondon
The London
Strett,
office of
lifHcn.
the CHKONICI.E is at No. 5 Anstin Friars. Old Broad
will be taken at the prices above named.
where subicriptiona
Advertisements.
WILLIAM
I
79
8c
DANA
& 00., Publishers,
81 William Street,
YORK.
Post OrFicB Box 4,592.
B.
New York
at that time.
is
very
The New-
of Appeals had then recently decided that
the uation.il.banks were amenable to the usury laws of
But through the energy with which a test
was pushed through the courts by Mr. E. G.
Spaulding, of Buffalo, the Supreme Court of the United
States pronounced a prompt decision on this long contested point, and ruled that the usury laws of the
several States do not, so far as their penalties arc concerned, govern the national banks which are organized
under Act of Congress. As we have so recently discussed this important ease, we need now say no more
than that the national banks are controlled by the
usury law contained in the currency act of 1864,
and re-enacted in the Revised Statutes. But these
usury provisioDS, while tbey forbid usury, denounce
the States.
against
almost
—
a very light penalty, the forfeiture of the
only of the usurious loan.
By this change
it
interest
Transient advertisementa are i.Hblished at S5 cents pei line for each insertion,
bnt when definite orders arc given for live, or more, insertions, a liberal discount is made. No promise of continuous pubHcation in the best place can be
given, as all advertisers must have equal upportunities. Special Notices In
anking and Hnancial column 80 cents per line, eadi insertion.
WILLIAM B. D.<Ni,
JOHN o. FLOYD, jn.
was
case
eSOIDryGoods
E]>itatno
Cotton
BreadstuSs
it
fil8
New York
THE COMMERCIAL TIMES.
Oommerclsl
now from what
York Court
Qtiotutiona of Stocks and Bonds.
SecnHtles,
Railway Stocks, Gjld Market,
Foreign Exchange, N. Y. City
Banko. Boston Banks. Pliiladefphia Banks, National BanKs, etc. 615
appears te us probable that the
may fairly be expected
to be more successful than in 1873.
In the first place
it
result of the agitation this year
1876
Latei^t
NO. 60U.
23, 1876.
all
the temptations which formerly led
men
to
plead usury are taken away, for the amount which can
be gained is so trivial that it is not worth the while of
NEW
any debtor to incur the odium which now always attends
A signal improvement has taken
EP" A neat file-cover is furnished at 60 cents postage on the same is 17
eerfts.
Vo.'times bound for subscribers at $1 50.
place in public opinion in regard to this question. In
1^' For a complete set of the Commercial and Pimancx»l Chkokicle—
1838, when our New York usury law was passed in its
July, 1665, to date-or of Uokt'b Mekcuamtb' Maqazine, :8i9 to 1871, inquire
at the office.
present form, the plea of usury was very popular, and
fS' The Business Department of the Chkonicle is represented among for reasons which are familiar to those acquainted with
Financial Intarests In New York City by Mr. Fred. W. Jones.
the financial history of that period, it was no uncommon
THE DSURY L.1\VS AJ50 TUEIR UEFORM.
or disreputable procedure for the plea of usury to be
A short time since we showed that the present condi- made. Happily this degraded state of the popular sense
)
the plea of usury.
;
tion of the usury laws in the various States of the
Union of obligation has long passed away with the unfortunate
conformity to the usury and mischievous causes of which it was the fruit. Under
provisions of the national currency act, was certain to a usury law which forfeits the principal as well as the
take place within a brief period. Already in Albany interest in cases of usury, the temptation to plead usury
preparations are making to urge the remodelling of the was obviously very great, and it is a signal illustration
usury laws of this State, so as to make them conform to of the force with which commercial integrity and indusis
such that their unification,
in
A
the federal law.
petition has been prepared asking
the Legislature to remove the mischievous anomalies from
the statute book, which the usury laws of this State
now
At Albany,
present.
three years ago, a
bill,
at the
supplement the defects of legislation,
mischief has resulted during the last thirty-
trial institutions
that so
little
eight years from a law which so grossly violated that
canon of jurisprudence which forbids the lawgiver from
instance of the friends of usury reform, passed both impairing the force of contracts between private citizeas.
houses of the legislature, and was only prevented from
by no means contend that the usury law of the
becoming a law by an error of judgment on the part of national bank act, which is now obligatory upon all the
We
its
supporters, when, for political purposes,
alion
was put
was that the
Btill
to the vote.
final task of
remains to be done.
The
its
is by any means a perfect
model of usury legislation; for the chief requisite of a
York usury law is that it should leave all contracts free, and
should not attempt to interftre at all between the lend
reconsid-
result of that mistake
usury reform in
New
national banks in the country,
THE CHRONICLR
608
[December 23, 1876.
and the borrowcre of money. A perfect usury law law and a much lighter penalty. In these facts we find a
would leave each borrower aud lender at liberty to fix second ground for the opinion that our State Legislature
important
the rate to be paid and received for the hiring and loan will act promptly in regard to this
enlightened
sense
of
is
due to
usury
question.
An
what
national
our
standard
this
high
of capital. To
which
is threatened, and to our metroour
commerce,
quite
reach
not
does
but
it
nearly,
very
approaches
law
It forbids loans at rates higher than the legal maxi- politan commercial pro-eminence, should tend, with
it.
crs
declares that the lender shall otherwise lose many other reasons too obvious to mention, to induce
the amount of interest agreed upon, and no more. This our State Legislature to pass an act as early as possible
law, however, defective as it is, is greatly superior to the this winter reforming the usury laws and revoking the
usury law of the State of New York, which declares that penalties which for so many years have worked mis-
mum, and
at a higher rate than 1 per cent
go
to prison for three months,
he shall, on conviction,
dollars, besides losing the
hundred
five
forfeit
and shall
It is this law, with
debtor.
his
lent
to
sum
the
of
whole
its monstrous medieval penalties, which the Legislature
at Albany is asked to expunge from the statute book;
and to state the terms of the law ought to be sufiicient,
in this enlightened age of commercial jurisprudence, to
ensure immediate repeal.
This is one oC the reasons for expecting that the
Legislature of New York will certainly reform the old
if
a
man
money
lends
We
do not insist on the notorious
no possible harm can result to any important
interest from the immediate repeal of the usury penalty.
This has been often demonstrated. In Europe and in
chief in this State.
fact that
several States of this country, the beneficent results of
the
modern policy of
ing from the
setting
money market
eval legislation, prove
penalties
is
money
free,
and of
strik-
the old shackles of medi-
that the giving up
a policy both safe in its operation,
of usury
and con-
ducive to the prosperity of the nation which adopts
it.
A
second reason is that the
usury 'penalties this winter.
THE REPEAL IF BAM TAXATION.
statute book contains another law on usury, of a singular
vigorous and united effort is making, not only by
character, which, when its operation is fairly underthe banks all over the country, but by many other friends
stood, is obviously incompatible w'th the retention of
of fiscal reform, to induce Congress to remove tho
the present usury regulations. This law enacts that the
A
upon the deposits and the capital
banking business. So much has been
national taxes imposed
usury penalties imposed on State banks shall not exceed
those imposed on national banks. But we have just
seen what those penalties are. Hence it follows that so
far as the national aud State banks of New York are
concerned, the old usury penalties above detailed are
repealed.
as follows,
The law was passed April
in the New York Statutes
1870, chap. 163
9,
1810, and reads
at Large,
laws of
:
1, Every banking aaaociation organized and doing business
under and by virtue ot the act entitled "an act to autUoriza the
buBiness of banking," passed April 18th, 1838, and the various
acts supplementary thereto and amendatory thereof, is hereby
authorized to take, receive, reserve, and charge on every loan or
discount made, or upon any note, bill of exchange or other evidences of debt, interest at the rate of 7 per cent per annum; and
such interest may be taken in advance, reckoning the days for
which the note, bill or other evidence ol debt has to run. The
knowingly taking, receiving, reserving or charging a rate of
interest greater than aforesaid shall be held and adjudged a for-
feiture of the entire interest -which the note, bill or other evidence
of debt carries with it, or which has been agreed to be paid
thereon; and in case a greater rate of interest has been paid, the
person or persons paying the same, or their legal represdntatives,
may recover back twice the amount of the interest thus paid,
from the association taking or receiving the same; provided that
such action is commenced within two years from the time the
But the purchased discount or
said excess of interest is taken.
sale of a hona-fide bill of exchange, note, or other evidence of
debt payable at another place than tlie place of such purcliase,
discount or sale, at not more than the current rate of exchange
for said drafts, or a reasonable charge for collecting the same in
addition to the interest, shall not be considered as taking or receiving a greater rate of interest than 7 per cent per annum.
3. It is hereby declared that the true intent and meaning of
this act is to place the banking associations organized and doing
business as aforesaid, on an equality in the particulars in this act
referred to, with the national banks organized under the act of
Oongress, entitled " an act to provide a national currency, secured
by a pledge of United States b )nds, and to provide for the
circulation and redemption thereof," approved June 3, 1884. And
all acts and parts of acts inconsistent with the i^rovisions hereof
are hereby repealed.
S. This act shall take effect immediately.
employed
in the
these taxes, that it is scarcely
necessary to do more than recapitulate briefly the chief
said of late respecting
points of the
by
argument for
repeal.
First,
it
is
shown
war
the advocates of this reform that previous to the
no such taxes on banks have ever been imposed in this
country or in any civilized nation abroad. In their
origin and in their nature the imposts complained of are
They partake of the mischievous and
war taxes.
unpopular character of many of the taxes imposed during our civil war on finance and industry, most of which
were repealed within a year or two of the restoration of
It is also
peace.
demonstrated that the delay
in repeal-
ing the war taxes on our banks arose partly from the
fact that the banks have never until now united to ask
Congress to interpose for their relief. Nor would this
union of the banks, with other friends of sound taxation, have even now been as complete and unanimous
as it is, if the pressure of the heavy recent losses, and
the diminution of the former profits of the banking
business, had not compelled our banks and bankers
throughout the country to take some prompt and energetic measures to liberate themselves from the burdens
which press so heavily, upon them.
Secondly, it is proved that the banks have been
seriously embarrassed by the pressure of the fiscal burdens of the last few years. But when we are told by
well-informed observers that the banks h.ave been thus
embarrassed, it is important to ask what do they mean ?
One of the things included must obviously be that the
business
men who
deal with the banks have been par-
burdens, and thai the interests of
and manufactures, which these
commerce
From
the State banks and the national banks of the State of dealers represent, must have suffered embarrassment
New York, there is no usury law or usury penalty also. Hence the petition which is now being signed
except the light one inflicted by the national currency throughout the United States by the banks and by the
But in regard to all other transactions, such as the friends of sound taxation, states that " the war taxes
act.
loans of private banks, of Tnist Companies and of indi- on the banking operations in this country can be taken
vidual citizens, the usury penalties of the law of 1838 off without any sacrifice to the Treasury at all commenthis statute
it is
apply in their full force.
one penalty for a certain
and for
all
clear that in all loans
made by
Thus wc have one law and
class of privileged institutions,
the rest of the
community we have another
takei-8
of
these
agriculture,
surate with the benefits which will result to the agricultural, financial and commercial interests of the country."
It
is
well
known
that
when
banks
and
financial
THE CHRONICLE
December 23, 1&76.]
609
years ago, to have been taken off when the other war
hy
exactions were removed having a like objectionable and
from
them
customers the sums which
turn,
Every one who has investigated
in
intolerable character.
customers,
These
Treasury.
the officers of the
these
abroad of the products
for
exportation
themselves
the
prospects
of
the
other,
pay
or
some
way
must, in
Either they must demand higher prices of the manufact'iring industry knows very well that
fiscal exactions.
for their merchandise; or they must, in some less legiti- one of the most formidable obstacles which proventa
mate way, add to their selling prices a sum proportionate American products from competing with similar
to the enhanced amount they have to pay to their products in Europe is, that our American producer
banker for the capital employed in their business. Thus, has to pay twice as much as his British rival for
as John Stuart Mill has admirably shown, the tax at last the interest of the capital employed in the business.
falls on the consumer, and by a law which we can An interesting work might be written to illustrate the
no more evade than the law of gravitation, all the incisive vigor with which this burden of excessive
taxes thus laid upon our banks descend with exces- interest intrudes itself into all our manufacturing operapowers of the tions, and prevents our taking advantage of openings
sive weight upon the productive
country, and diminish both the wealth of the people and facilities for the introduction of American goods
and the active forces by which our national wealth is into European markets. The argument, then, amounts
institutions are taxed inordinately, they charge to their
are collected
our manufacturers are to be successful in
of our foreign
exports, every burden like that imposed by bank taxation must be taken off, and that the same repeal of bank
taxes which will benefit the manufacturer and the merchant will also benefit the farmer and the owner of
created.
to this: that
Jeremy Bentham, in his defence of usury, shows very
clearly that any burdens in the nature of.taxation which
are imposed upon the banking business are like contrivances which increase the friction of machines. They
not only cause the machines to produce less, but they
work other injuries of a mischievous character. In the
financial machinery of any commercial country all experience and all financial history show that the more
free of taxation we keep the mechanism of banking the
better will the work of the banks, the productive forces
of industry and the financial interests of the nation be
promoted. Nothing can be plainer than that if we in
crease the interest paid for the money which we employ
in productive industry, we augment to that extent tlie
expense of production; and the time is now come
when this waste of power and opportunity must be
their efforts to increase the aggregate
It is a
stopped.
tion,
now
that
we
fuudamental principle of
all
taxa-
are beginning to increase our exports
of certain manufactures, that the cost of production
must not be weighted and handicapped by burdensome
and unnecessary taxation. The taxes on the banks bring
if
is well known that these classes are
much injured by taxes which enhance the rate
interest for money as are the commercial and indos-
real estate; for it
almost as
of
trial
part of the community.
We
might pass in review many other arguments
which have been very ably presented by Mr. Charles B.
Hall, Mr. Coe, Mr. Buell and many other officers of the
Clearing Houses and Bankers' Associations which have
taken up this subject. They are summed up in a clear
and concise form in the following extract from a circular just issued, a copy of which has been sent to us:
" The capital invested in the business of banking in the United
States, is taxed at a Iiigher rate than the capital invested in any
other monetary or commercial enterprises. The policy should
never have been given up which since the foundation of our
National Government has controlled the taxation of banks. This
policy left the exclusive tight of taxing the banking business to
the States and the capital of the banks is now, in most of the
States, and always has been, included with other capital in the
If this policy had been continued,
tax lists of state assessors.
and no other taxes had been imposed, the operations of banking
and finance in this country would have been saved, during the
last five years, from enormous evils wliicli have now become
You are
intolerable and threaten much danger in the future.
aware that the abandonment of this sound policy of taxation was
only due to the financial exigencies of the war, which mide it
seem necessary that the National Government sliould impose war
taxes botli upon the banks and upon corporate and individual
enterprises and as these war taxes have nearly all been repealed
except those upon the banks, the necessity iscltar and the equity
is demonstrated of repealing all llie war taxes upon the banks.
Such an accumulation of fiscal burdens has never been levied
in any civilized country upon banking institutions, and the
present time is a prop»r one for Oongr'ss to interfeie for the
relief of the hanks fromthise war taxes,which are so mischievous
;
into the National Treasury about ten millions a year
and cost the people,
more than 50 millions.
as
it
On
has been computed,
much
the ground, then, of enlight-
ened principles of taxation, the petition before us claims
that the fiscal burdens on banks should be so adjusted
by the
repeal of these 10 millions of unnecessary taxes
sum with which they have annually burdened the productive interests of the nation should be
saved and no longer sacrificed.
A third argument is derived from our foreign com
that the larger
In England, as well asFrance and Germany, the rate of interest rules, on the
average, very much below the rates current in the United
The reasons of this discrepancy have been often
States.
explained, and we will not here repeat them. They
may be summed up in the single fact that we live in
a young country, where there is ample employment for
twice the amount of capital which we possess; so that
the demand exceeds the supply, and the rate of interest
rules consequently above the average of other countries,
where, from their older civilization and maturer productive growth, there is more capital seeking employment
than can find it in legitimate and safe investments. Of
course, it is not expected that anything which Congress
is asked to do in repealing the bank taxes can disturb
petitors in productive industry.
in
;
in their operatiou aud so indefensible in their principle.
It may also be well to show that the Bppro,ich of
specie
throwing a heavy pressure upon the baukine
institutions of this country, and that the banks ought to be aided
But these taxes, unequal
in strengthening themselves to meet it.
and excessive as they are, weaken the banks and thus impair the
elasticity and strength of tiie finaiicial mechanism of the country.
Another point is that of the heavy losses entailed of late upon the
banking business. It is generally known that the banks of this
country, in conBequei\ce of the stagnation of business since the
panic of 1873, have sustained heavy losses from commercial failures, by which no less than thirty millions of dollars are computed to have been lest during last year. As the hope of the
recuperation of business depends to a large extent upon the
efficiency of the banks, and as these losses impose a heavy tax
which cannot be escaped, it will bo easy to show that these burdens and risks, which are inseparable from the banking busineta,
are so heavy when the taxes of tho United States are added to
the burden of i?tate taxation, that all the war taxes on capital
and on deposits imposed by the national government should be rethe great financial law, that in young countries the rate pealed with as little delay as possible, so that this greatest obstacle
to tlie revival of buslnes.'* may be removed, and the prosperity of
of interest rules high and in old countries low. The
our.finaucial and banki-g system, witli the resumption of specie
object which the petition has in view is, not to tamper payments, may be fpeedily rtstored."
with an irreversible law, but to prevent the operation of
that law from being disturbed by unwise taxation, so as
to impose
payments
As
is
to the question whether, during this session of
Congress, success
upon industry heavy burdens, which ought. the banks
is
at all likely to attetid the efforts of
to rid themselves
and the country of these
—
THE CHRONICLE.
610
we
mischievous tax hardens,
What
positive opinion.
is
from expressing a
refrain
certain
that
is,
if
these fiscal
[Dicembar 23, 1&76.
in the DetUtches UandelsbkUt.
stated:
" ard
—
may be
His argument
thus
"An
excess of small change (billon), with a gold standsilver moneyls really nothing else than subsidiary coinage
once removed, the burden of responsi- "
— is, according to all experience, pernicious. The amount of ten
bility will be thrown upon Congress, for there is no " marks per head is to be considered as amply sufficient. In th«
doubt that a strong popular agitation has been excited " States of the so-called Latin Mint-Convention, only six franca
against bank taxation by the National Government "of silver coin per capita is authorized. In Great Britain, only
And if, by the pressure of other topics, relief is deferred " about ten shillings per head are minted. In ordinary times, with
With "commerce moving under the usual, i-egular conditions, an
for a time, the final result ia not the less sure.
" increase of the silver circulation would pass unnoticed, and
regard to the effort employed by the banks in their just " perhaps exercise but little detrimental influence.
But the
and popular war on these taxes, it appears to be efficient "dangers ure greater when there are extraordinary distarlwnces
for its purpose, if at least we may believe the current " and revulsions, with general distrust."
" Whsn such is the condition of affairs," exclaims Dr. Soetbeer, " * « • •
statement that the banks have never before had so comevils are not at
plete a union for any purpose as that
which now has been
organized for the repeal of bank taxes
among
the 6,800
and savings banks and the private
bankers throughout the United States.
national.
State,
SILVER AND
60LD.-TIIB
PliOFOSED INCREASE
OF
SILVER
COIN IM GERMiNY.
rCOMMUNICATED.*]
The monetary
revolution in
Germany, by which gold
coin was substituted for silver as legal tender through-
out the Empire, was an event of greater importance
than the war which preceded it. To it, mankind owes
crisis so speedily followed by financial,
commercial, industrial disorders, the end of which no
one can as yet foresee. Such, at least, is the opinion of
the monetary
would enhance essentially all the other financial and com •
«
*
*
•
Every business man would refuse to
accept silver coins, which have only a real value of about 75 per cent, in pay ment of any debt exceeding twenty marks. In this the law justifies him.
The weaker classes (economically speaking), will find themselves compelled to
pay out very frequently their small change at a discount. Tiie banks will
return amounts composed of millions of marks, and exchange for gold at the
pub ic treasuries designated by liw. In a short time, all silver money, which
would not be necessary for daily clearings, would have the tendency to flow
into the public depositories, and there it would accumulate. These, as ia selfevident, however, are not in a situation to hold out against such a sudden
inflow, and the unavoidable consequence will be, that the exchange of tie
Imperial silver coins and what pertains thereto, namely, the limitation of
receiving the same ia private trad.*, must be suspended. From this follows*
that by the proposed alteration of Atticle 4 of the Coinage law. Article 9 of the
Mint Law would also lose its practical utility and efficiency and this wOnld
occur in precisely those cases where, theoretically, the Mint Law ought to
prove salutary and be a guiranty for the existing coinage system. But if the
disbursement of silver coin ke ps within the limits of demand— and for
8 marks
this purpose a limitation from the issue of 10 mirks to that "H
per head, might be advisable, judging from the experience of France, and now
th Is silver circulation
mercial
difficulties.
;
T
that
we
are
coining five-mark pieces
in
gold
— the
excellent
Article
9,
the most earnest, thoughtful writers of the day, such of the law reguiatine^ the coinage, would be always maintained. Thtn the
can, when and es it chooses, quietly pay gold in exchange for
men as Ernest Seyd, Wolowski, Henri Cernuschi, de Government
silver coins which are deposited, because the early return to commeice is
Laveleye, and others.
certain. But it Is a different thing when 200 to 3O0 millions of marks of tilver
some general observations
of my own on this subject of bi-metallic money. In
the meantime, I present to the consideration of American publicists and economists, a translation of the following article, which appeared in the columns of the
I propose very soon to print
Mercur, Frankfort,
November
4,
1876, as giving a fair
and succint summary of the arguments for and against
the legislation which, the Imperial Government intended
to propose to Parliament, and by which it was hoped
some of the evil done might be undone.
THE PROPOSED INCREASE OF SILVER MONEY IN GERMANT.
According
9, 1873,
the
to article 4 of the
amount
law regulating the coinage, July
of silver coins in
Germany
shall, " until
farther notice," not exceed ten marks per capita of the circulaIt seems, however, that this amount of ten marks has
been found entirely inadequate for the necessities of commerce
tlon.f
in South
—
Germany.
It appears.especially in Bavaria
which had
Imperial silver coin in excess of its due
proportion, as much as 15 marks per head that not only was
there no excess of silver coins, but there even is a demand for
coin, below par, have permanently remained in circulation, and in consequence of urgent circumstances. Article 9 of the Mint Law must be repealed;
for then, as a further consequence, a premium will have to be paid for gold
coins, and the course of foreign exch'»Dge will be decidedly fluctuating and
rapidly rising, since
it is
no longer
gold, but subsidiary silver, which, in fact
foims the standard of the country.
**
The disasters and calamities which result from such circumstances, are
not readily estimated at fixed sums, but, nevertheless, one must attempt to
make an estimate of their extr.iordinary costliness. If, for the purpose of
covering the difference in realizing the 8i5 million marks worth of old thaler
pieces which are mentioned in the proposed MUnz-Novdle a loan must be
contracted by the Empire in the silver market, then the 10 millions of marks,
annually needed for payment of the interest thereon, will not be too great a
sacrifice for accoaiplishing our coinage reform, for the purpose ofsi-curirga
real gold standard and thereby forever avert the danger of instaltility and
fluctuations in the coinage and money standard."
—
We are far
—
from wishing
observations; but
we
to under-rate the
weight of these
are of opinion, that they are exaggerated
and that they are opposed by economic considerations of another
sort, which would not only counterbalance, but entirely overshadow all possible losses arising out of an increase of the silver
circulation.
already obtained
First of all, however, we candidly confess, that we have never
been able to reconcile ourselves to the idea of an immediate
transition from a silver to a gold standard.
Had the nation, in
more two and five mark pieces. The Imperial Government, fact, desired the change in the German coinage, it should, through
therefore, prepared a bill which authorised the minting of silver a series of years to come, have adhered to the law
of Dec. 4, 1871,
coins to the amount of 15 marks per head. The partisans of concerning the minting of gold coin.* In that case,
a bi-metallic
gold opposed this intended action with such vehemence that it is money would have really existed in Germany, the same
as that
said the Imperial Government will not press the proposition, at which had proved itself perfectly satisfactory
in France, and
least for the present.
It is claimed that such a bill would be
from which, if commerce really foi'ces its way in that direction,
defeated in Parliament, The course of the Government seems the transition to a purely gold standard would have been
possito us judicious, for such a result is not improbable, when we ble more easily and without the immense
losses which have
analyze the parties which now compose that body. Looking at resulted to the Empire, in consequence of the
demonetization and
the matter from a purely abstract point of view, it is much to depreciation of silver. The danger which Dr. Soetbeer
describes
be regretted that the intention of the Imperial Government has in such glowing colors', that, in times of distrust, the depreciated
been frustrated, and that in consequence thereof the sacrifice.s silver will flow in bulk into the public treasuries and thereby
which Germany has suffered by the transition to a gold •standard cause the suspension of Article 9 of the Mint law this danger, by
are to be still further increased and prolonged.
adopting bi-metallic money, could not have occurred at all; for
Let as finst of all review the reasons urged against the increase
which is merely a consein that case the depreciation of silver
of the silver circulation. These have been set forth in a few exquence of the increasing demonetization of this precious metal
haustive and clever articles by Professor Soeibeer, which appeared
would actually not have taken place; and secondly the silver
would not have had to be issued with an alloy of 10 per cent, but
* By TnoKAs BAi.cn, author of I^cs Pranjais en Amiriqne, Lea
Crises Plnaneieres et les Chemiim de Per Americains. Ac.
at its full value. In all probability there would have been no
t Article
of tlie i»iir relating to the Miut proTidea:
" No one Is obIi(,'cd to take Imperial silver coins to an amonnt
exceeding 20 such sudden and noticeable revolution iu the proportionate value
marks m payment. Imperial silver coins are pccepted in payment of all amounts
between gold and silver. It is useless, however, to oppo=o cer«t the Imperial Kxcheqner, and the Bundesrath (Confederate Council) dosicnates
aertaln treasuries, or offices, in the varioas States, where Imperial sold
The loss resulting from our precipitate
coins tain accomplished facts.
are
—
—
—
11
given in exchange for silver coins in amounts of at least SCO marks
The
Iiumlesrath must also simultaneously tli the particulars of the
conditions of
exchange.''
* Hmest Seyd siys that the change In the German coinage wai accomp'Isbed
in " the bayonet fashion."—.Pu« in price of SUver, London, 1876, p. 95.
December
THE CHRONICLP.
23, 1&76.J
coinage policy cannot be restored. Since the larger part of the
German silver has been driven abroad at a discount, we must
admit the gold standard to be the real foundation of our Mintorganization, We yield a reluctant submission, and it is simply
question now whether the proportion of silver circulaliou at 10
marks per capita is ample, t'an an excess over this rate really
involve all the great darigers which are feared therefrom?
ft
611
to their coarse fingers.
Such con>ideiatioiu appear
trivial to
(be
and dare
not overlook them. The case ii just this, tliat the lower ranks
of the people do not consider the five-mark thaler as a debased
theoretical political economist, but tlie itatesman cannot
coin, as they ought, according to the doctrines of the gold-stand-
To the working classes the five mark thaler is of full
if, when the coinage law was passed, there had l>oea
What mainly concerns us in discussing the question as to the not merrly the gold mania ragiog, but likewise sound practical
proper volume ol the silver circulation, is to determine how much reason acting in some degree as godfather to the bill, then the
silver or small change coin is necessary for the commercial habits and needs of the laboring classes would have obtained
wants of the peopls. It is self-evident that this is not a matter some concessions, and some handy silver coin of full value would
Then we would not have resorted to the
of theory, but must of ueceshity be a calculation based on experi- have been minted.
ence and trial. To treat all countries alike, in this respect, would forced sales of silver, which have made the change to a gold
be absurd.
The Latin Mint-Convention established as a rale, that iu none
of the countries nhich were parties to the agreement, more than
6 francs per head of the respective populations should be coined.
In the silver small change (billon), bowevei', the five-franc
pieces are not included; and Dr. Soetbeer's statement, therefore,
that in 1865 a greater issue had not
i>eeu
thought
of,
does not
alter the fact in the least, thut notwithstanding this, there is a
According to
Mr. Leon Say's rapport sur le payment de I'indemniU da guerre,
there were imported, during the years 1870-73, into France
alone, 300 millions in silver coin.
During the year 1875 the
mints issued 234,912,000 francs in gold, and 75,000,000 francs in
great deal of silver coin in circulation in France.
five-franc pieces.
The Bank
of France paid out in the year 1875
630,825,000 francs in gold, and also 497,484,000 in silver.
From
these figures it certainly becomes apparent that the circulation
by no means exhausted by
the proportiou of 6 francs per head. It seems rather that the
amount exceeds the sum of 15 francs per capita. Therefore even
France is a speaking example for the assertion, that a silver
circulation along with one of gold, to an amount such as the German government now wishes to establish as the legal proportion
of th« coinage, will lead to no serious inconveniences.
In Great Britain the present supply of silver coin is estimated
by the House of Commons Commission to reach £10,536,000 (in
round figures 400 mill, marks). Hence in a population of scarcely
32 million inhabitants, more than 12 marks are needed for every
head. This estimate, however, "seems" to the mind of Dr.
Soetbeer incorrect, and he accepts that of Prof. Jevone, who
estimates the supply of silver coin in Groat Britain at less than
of silver iu France
is
enormous, and
is
—
seems more correct to Dr. Soetbeer, because
it suits his purposes; but he cannot expect of others that they
also will accept his notions.
But even if it were demonstrated,
that neither in France nor England the total amount of the circulating silver is as large as the government of those countries
think is required for the use of the population, it would prove
nothing witli regard to Germany. In France, and still more so
in Great Britain, the gold standard lias long siace become, so to
say, flesh and blood.
But with us in Germany our ideas and customs, especially thoae of that most tenacious of all other classes
of people, tfie peasants, cling so closely to silver money, and will
as may be expected, continue to do so for a long time to come,
10s.
per head.
Tliia
that every thoughtful policy
heart.
The peasant
must take these considerations
prefers silver, not for payments,
to
but for
No argument will make him belief, that he would do
make use of the more valuable gold, for such purpoaes.
ard men.
value, and
standard so ruinous to us.
"But
then,
wondered at, if now in Gerabout 600 millions of marks in
silver thalers in circulation hero and there, a want of two and
jfive-mark pieces already makes itself felt.
There is even now iu
Bavaria although it has already more than its due proportion,
has in fact 15 marks per head, there is a demand for two and
five-mark pieces. In North Germany, analogous phenomena will
It is
therefore not at all to ba
—
still
—
—
ensue, just as the silver thalers are
from
more aud more withdrawn
ia
—
—
(new laws concerning the mint), for the Empire to negotiate a
loan in the silver market, which would require 10 million marks
We however hope that the Imperial
annually for interest.
government will more seriously appreciate its responsibility as
to the possible economical application of
ths
money means
than merely for the sake of humoring a capricions
notion of the gold fanatics, to plunge their hands deep into the
entrusted to
it,
pockets of the taxpayers.
It is to be admitted tliat the result which Dr. Soetbeer presents
as possible (that the silver coins might have to be paid out at a
discount) might follow the event of too great a supply of silver
money. But the probability that this should ever occur with a
very remote
reckon
therewith. If every possibility of danger is to be excluded, then
we dare not undertake anything. Then, too, above all things, the
change from a silver standard to that of a gold standard should
have been let alone, for it entailed losses and expenses to the
silver currency circulation of 15
indeed,
— so far distant,
Empire amounting
to
marks per head
is
that the true economist cannot
hundreds of millions of treasure.
If
such
reasoning be correct, then there should be no issue of uncovered
bank notej, for it might happen that they might never be re-
deemed.
In fact, credit, the soul of
ia
pernicious, because
it
modern commerce
may nurture
of what-
the most terrible
Thus none of the objections most seriously urged against the
intended increase of the circulation of silver can, in our opinion
bear the test of examination, but they are, to all appearances,
inspired merely by the mania of maintaining the gold standard
"pure." Theorists are prone to display timidity.
Whilst then no detriment from the enlargement of the silver
coinage can happen, the financial advantages therefrom on the
other hand are certain. Here we let Dr. Soetbeer himself speak.
He calculates that about 570 million marks in silver have yet to
be "knocked off" (abstossen), before our German money circulation will be " completely
circulation.
Dr. Soetbeer thinks that there
is
deficiency of only these par-
the two-mark and five-mark pieces,
want could be completely satisfied, if
Instead of the silver five-mark pieces, gold coins of that value were
ticular pieces of value,
and believes that
"and a double standard
practically pernicious."
whatever,and silver money, which to a great extent serves urgent
in the small traffic as small change (billon), are two entirely
different things. They admit of no comparison whatever, ajtd
if in reality th^ necessity of suspending Art 9, of the Coinage
Law, for a brief period were to arise, but we do not believe it
can occur, we do not see in this anything so very serious that If
ought to be avoided at any and every cost.
Dr. Soetbeer demands the exclusion of such a case at all
To him it appears a sacrifice not too great, in order to
hazards.
cover the difference caused by calling in the accessory 215 millions of old thaler pieces, as provided for by the Mint-novti*
dangers.
— although there are
wrong and
need
better to
many,
have a double standard," ejaculate
Soetbeer predicts in case Germany increases its silver circulation?
To us, the representations of this zealous champion of a pure
gold standard appear highly exaggerated. His fears are simply
derived from the experiences resulting from tlie use of depreciPaper money, which has no material value
ated paper money.
ever kind,
silver.
in fact
For the latter
assertion the proof is absolutely wanting, whatever may seem the
plausibility of the first. But how about the dangers which Dr.
theoretically
hoardiog.
Besides this, the peasaut keeps, as a rule, large amounts of cash
on hand, and, according to his old acquired custom, generally in
we would
the horrified gold-standard men,
vi/.:
this
struck, as provided (or by the coinage law.
This opinion is
according to our conception, entirely wrong. The peasant, as
well OB the inhabitant of small provincial towns, does not crave
five-mark pieces, but silver, since this metal corresponds best
with their ideas of money. If he desired gold, he would prefer
the ten and twenty-mark pieces, which would probably suit him
better than the tiny five-mark pieces, which are an abomination
brought upon the right road of the
" Whereas the calling in," he continues,
" is effected upon the basis of a silver value of 60J pence (\V. R.
" 15.50), the cjnvereion into money, according to the average of
"the past few months and at present, is only at about 5'2 pence
" pure gold standard."
(W. R. 18.13). This operation will probably cause a loss
"80 millions of marks, which may in part, but only in
*•
of about
part, l>e
" covered by the profit on the coinage of the new silver pieces of
" the Empire.
In the face of these great financial dffficulties a
" very simple aud efficacious expedient offers itself, to materially
" lessen euah a loss, and at the same time to be obliging and
" yielding to the silver market. This consists in modifying Arti-
—
C
.
.
.
.
THE CHRONiCLE
612
Uw, thus
" cle 4 of the coinage
:
that the permissible silver
" coioage be enhanced from 10 marks
" the population, that
CaUst Monetary ani> (Eommerctal Cfitgltsl] Ncms
645 million marks— BATB9 OF BXOH^INGB AT LOXDON AND ON LONDON
AT LATEST DATES.
Thereby the
marks.
increase
" quantity of
silver to be sold
215
of
marks per head
15
to
from 430 to
is
" hence an
million
of
would be lessened by the amount
SZCHAI^aE AT LONDONDEC.
"mentioned, namely 215 million marks, and a loss connected
" therewith of (more or less) thirty million marks would be
" avoided. On the other hand, there would be realized even a
"
profit by the process of coining, amounting to 21i million
"marks, after deducting for mintage. A more lucrative opera" tloS for the benefit of the finances of the Empire, could not be
In our opinion, not only can the Govern-
of the Empire carry out these lucrative operations, without
any danger whatsoever, but it need not even sell the silver
thalers at the depreciated price of the day.
They might be
ment
quietly kept in the vaults of the Beiehsbank until the price of
silver has again risen. That silver will rise in price, as soon as
the
Amsterdam
Antwerp ....
months.
3
Hamburg...
PariB
short.
1
German Government
will cease their offers in the silver mar-
ket, is beyond reasonable doubt.
The silver coin will be no
longer worth 35 per cent loss than gold, but would be of full
value, less the mintage.
©25.40
20.60
e20.i>4
Berlin
Genoa
12.95
20.60
20.60
3 mos.
short.
Sl.3.05
@20.64
©20.61
Nov!
277i(8-28)i
Madrid...
.
New York
52 a58!i
27.67 ,a27,97>j'
.
Oct
Pernambnco
30 days.
U. md.
U. 9iid.
rts.
Customs
Dom'tic Por'D
S
....
i,m
Imports.
DlBtrictB.
$
Alaska, A.T.
3,'8i9
$
Mobile, Ala..'
Montana, &c..
N<intacket,M8
Natchez, Miis
"m
427,186
soia-je
Me,
293
8C
Va
Chicago, III.
Corpus Chris
Cuyahoga,
Delaware,
Detroit,
O
D
M'h
20,732.
416;
17,430
P'quoddy, Ale
P. River, Miss
38',9Sr
109,281
'599
Ba8tDJst,Md
Bdgart'n,Ms
Genesee, NY
Qoorge'n.DC
G«orge'n,8 C
Qloif ter, Ms
GtKHar.N.J
Huron, Mich
Knbank, Me
155,831
321
424,085
8,749
'7J&
'7u6
6,971
::::
Miami, Ohio
958
Tex
S. Francisco,
loiioo
"",833
asi^oM
967,131
21,881
'943
6,f;21
4,929
10,290
1,000
2,800.188
91,652
49,19)
6,302
4,103.679
834,006
261,913
136,765
Vicksb'g Miss
Wal'boro, Me
Willamette.O.
118,566
385,2 :o
189,836
9,901
160.987
43,115
....
eiSDO
353,3 18
48,850
110,7i8
....
66,919
The following
655
.
SVilm'ton, NC
Wiscassel, Me
York, Me....
Yorktown, Va
are the totals for the
|
month
Domestic exports. $53,957,512
London. Saturday, Dec.
95X
2, 1876.
Bank returns, the total supply of gold coin witlidrawn for
export purposes amounted to as much as £1,156,000, and the
weekly return shows that the supply of gold at the Bank has
been diminished by rather more than £1,000,000. The stock is
now £39,456,189, against £33,313,685 last year, while the reserve
of notes and coin has fallen to £16,903,034, against £10,696,140
The falling off in the reserve is rather less than might
in 1875.
have been expected, there having been a moderate contraction
in the note circulation, and also a small return of coin from provincial circulation. The demand for money at the Bank has
somewhat improved, there being an increase of £209,464 in the
total of "other securities ;" but "other deposits " have again
The proportion
declined, and are now reduced to £34,916,197.
of reserve to liabilities is now 5314 per cent, which is still satisfactory
but the progressive diminution now taking place in the
advance their terms for accommodation. Money, however, in the
open market is still at the low figure of If to 1^ per cent, which
is considerably below the official minirmim, and the directors
may feel disposed to keep their present charge in force, in
|
of October
:
Foreigo exp'ts.
$688,214
The
the
limited
discount
"other securities" is still
only £16,752,031, against;£30,0o3,932 last year, and, as an active
money market, owing to the quietness of trade, and to the few
financial schemes which are now introduced to public notice, is
not anticipated, the directors of the Bank consider themselves
justified, no doubt, in remaining for a short time longer at 2 per
cent. The supply of idle money in the London market has, nevertheless, been much curtailed of late, and this must be regarded
as a healthy sign. It is clear that the money market is in a mora
healthy condition, and it is generally expected, if peace is assured,
that we shall enter upon the new year with much more hopeful
prospects. Money has now been at 2 per cent in this country for
the long period of 32 weeks but tliis is a briefer period than
after the panic of 1866, when fifteen montbs elapsed with money
at that low figure. After the many panics we have had during
the last few years, and notwithstanding the recent curtailment in
our trade and in financial enterprise, it might have been expected
business in progress.
Foreign Exports— Huron, Mich., |122,187.
Imports.. $34,297, 911
1
There has again been a great want of animation in the money
market during the past week, but there has been no material
alteration in the rates of discount. There has been an active
demand for gold for export, not, however, for bar gold, but prinThe
cipally for American eagles, for shipment to New York.
inquiry for Egypt has now ceased but in the week embraced in
order to secure at least a full share of
'38 i
9,931
mos.
LFrom our own corresponlent.!
;
l',f86
2,579
716
IVd.
6». 6d.
resources of the Bank] naturally leads to the expectation that
before locg the directors of the Bank will find it necessary to
5),49.5
St Mark's, F.
125 St Mary's, Ga
'" Stonington Ct
Superior,Mtcli
Tap' nock, Va
.... Teche, La
Vermont, Vt.
.
8,110
24,975
544,693
3,3:4
96
.
San Dieuo, Cal
Sandusky, O.
32,509
19
•
131,855
Harbor, NY
Salem, Mass
Salaria,
178
Mh
W
Me
693
"io
1,S5!
2,621
WT
Saco,
M'town. Ct
Milwauk,
Min'sotrt, M.
Mic'gan,
59,333
NH
Savannah, Oa
LB
M
4,315,005
Sound,
Richmond, Va
7,711 Pt.
....
7,600
1,091,069
U0",231 1,.387',2!5 10,212 S. Oregon, Or
23,6971
81,743
6t Ang'tine,P
8,590
9,654
St John's, F..
Key West, F
Har, NJ
Machias, Me
Mat'head,
1,730
Ms
Po'moutn,
F. Eiv. Mass
T
9.3,525
169,219
3,C32
730
131,376
12,724
24,450
6,099
Providence, RI
198
Galvest'n,
68]
1,548
Portland, Me..
Itilisil
4.fi5ll
P.Amboy, NJ.
Petersbnrg.Va
Plymouth,
3
29.
4!.
the
e08,0b9
233,483
59,
Philadelpllia..
2271485
273
Fernandina.
r. Bay, Me.
3,394^858
Peneacola, P..
nioi
Dunkirk
Erie, Pa....
Pairflold, Ot
29,998
....
Nov.
9 t-V&d.
U. 9Xd.
1«.
;
22,774,143 .366,102
i,
Pamlico, NC.
P del Norte, T
203, 18i
I-M.'ioe
10,674 1,577,9;0
SuLath,Mn
NY
8,795
1,523
74
382,075
88
Oswego, NY.
CVinc't,NS
Cbarl«tD,
Ch'stone,
2,047
729,847
NewYork.NY
131,975
Br'l&W'nRI
Brnnsw'kGa
Chmpl'D.NY
753,734
Newport, R.I
1.175
Me
Niagara, N.Y.
Bostnu, Ms. 3,0S0,771 3,658,632 90,451 Norfolk, Va..
BrazoH, Tex
Oregon, Or
Bridget'nNJ
O'gatchie, NY
Ciistine,
76,349
333
Belfast,
BuffCrk, NY
Barlton, NJ
-Exports.Domestic For'n.
t
t
12,25
112,910
N Orleans, La
4,861
6 mos.
•
NJ
Newark.
Aroost'k,Me
5.505
N Bedford, Ms
Baltimore .. l,167,0t8 3,456,744 8^959 Nburyport, Ms
Bangor, Me.
J,0.37
85,880
Nw Haven, Ct
B'Btable, U'b
N London, Ct
Bath, Me.
Be8ufort,Ni;
Beaufort, SC
49X@4'9>i- S-
24H®24>f
Nov. 3a
Nov. 23.
Nov. 23.
Nov. i3.
Singapore..
Alexandria,..
1876.
Statement, by Customs Districts, of the values of imports into,
aad domestic and foreign exports of merchandise from, the United
States during the month of October, 1876.
Al'mrle, NC.
Al'idria.Va.
An'polis, Md
Ap'chcola, F
90 days.
Oct. 80.
Oct. S7,
Valparaiso....
Shanghai
$
.SO.
48!o6
4.82
2!X@«1
Montevideo.
JMPORTS AND EXPORTS FOR OCTOBER,
—jsxpo
27.35
Nov.'s9. 3 mos.
Dec. 1. 60 days.
Oct. 23. 90 days.
Hong Kong..
.
mos.
short.
27.67X®27.97>i
16;i!a47X
Calcutta
Imports
3
;;;.
Rio de Janeiro
Bahia
..
BueuoB AyreB
Bombay
CUBtOISB
DlBUicts.
29.
12.75
20.42
20.41
28 15-16
47>i@47X
27.87V@27.97X
Naples....
1J.07
S5.17
20. 3«
25.15
3 mos.
short.
25.12>ia25.52>4
Frankfort .
St. Petersburg
Cadiz
Lisbon. ...
90 days.
Milan
1 months
TIXB.
short.
12.3>fai2.4
2,5.35
months. 25.3J;<823 37>i
Vienna
further.
EXCHANGE ON LONDON.
2.
LATEST
DATB.
Parlfl
"readily suggested."
We go still
[December 23, 1876.
total
of
;
COMPAKATIVE BBCAPITULATION.
Uercliandife.
Tttonth ended Oct. 31, 1876.
Month ended Oct, 31, 1875.
Teu months ended Oct. 31, 187B..
Ten months ended Oct. 31, 1815..
Total
Imports.
$,?4.897,91J
36,818,017
361,532,911
•.. 434,941,838
Total
Imports.
Gold and Silver.
Month ended Oct. 31, 187B.
Month ended Oct. 31, ",875,
Ten months ended Oct. 31, 1376
$S,50),>)n3
2,129,950
15,682,504
Oct. 31, 1875
19,251,063
Ten mouths ended
Domestic
Exports.
$53 957,513
£0,(34,2?8
443,160,439
Domestic
Foreign
Expiirts.
$1,284,764
3,130,760
43,962,600
65.167,497
10 raos.
ended Oct.
Month ended Oct. 31, '75 ... 44,104,941 10 mos. ended
Not reported-Alaska, Brazos, Corpus Chris'l.
1
$183,214
1,258,757
11.315 597
10,985, 44^
49i,!i20,m
u
„ ended
^ ^^OoldVattuofUerchandiite—DomeMicBktnons.
Month
Oct. 31, '76... ,$!»,• 10,995
|
Foreign
Exports.
Exporls.
$1,2-18,49J
but, as
6,611,0M
annum —and
8,023,324
of
5'.3,8i6
31, '76 $146,8,'iE,240
38t, 188,038
'73.
Oct. 81,
money would continue for a longer period at 2 percent.;
was remarked last week, our commerce has largely ex •
tended itself since 1866— at the rate, viz., of £13,000,000 per
that
greater facilities exist iu consequence for disposing
our supplies of unemployed capital. There is still, of course,
much anxiety prevailing with regard to the result of the Conference but there is no doubt that the condition of our credit has
improved, and that a tendency exists to transact business upon a
;
:
:
Deocm\er
:
.
.
THE CHRONKU^*.
23, i8.6.]
larger ccale. TUis being the laat month of the year, however'
yery large transactions are, to rome extent,'kept in check, or, per
Merchants
haps, in abeyance.
are, nevertheless, preparing
them-
elves for a better trade in 1877, and that will no doabt become>
in dae coarse, a matter of fact, if there should be no war, and
also a permanent and satisfactory solution of what is generally
The
regarded as the Eastern Question,
now
as under
Bank
rate
Percent.
Open-market rates
30 and 60 d 178' bills
Smonths'bills
The
I
l).'<i(1'/i
lH&i>i
j
money
quotations for
are
Open -market ratos
Percent,
4 months' bank bills
1V%2
months' bank bills
IK'^^M'
4 and 6 montliii' trade bills. 2 ^3
•
joint-stock banks anif
discount houses for deposits remain as under
:
Per cent.
Joint-stock banks
nll<ai
Discount honses at call
Discount honscs with? days' notice
Discount honscB with 14 davs' notice
'/)&
St&..
X&--
are the rates of discount at the leading cities
abroad:
Bank Open
Bank
rate, market,
per csnt. percent.
ParU
Amsterdam
a
3
s
8
Hamborf;
4>j
4)f
8
Berlin
Open
rate, market
per cent, per cent
Turin, Florence
Qenoa
Qenevs
New York.
8
Calctttta
....
Copenhagen.
6
829
The trade of the country is quiet, but Arm. Cotton goods are
held for more money, and in some instances a slight advantage
gained by sellers. Buyers, however, operate caationsly, partly
because of political apprehensions, and partly because we are
now so near the end of the year. In the iron trade, rather more
business is doing, and prices rule firm. The public sales of
colonial wool have been brought to a close to day.
A firm tone has continued to pervade the trade for whe^ and
is
The
supplies afloat, though considerable, are
Oaln and bullion Ic
both departmenU. ...
Bank-rate
Consols
Bngliehwheat
Mid. Upland cotton....
Mo.40mDletwietfalrtd
quality
ClearinsHoise return
more money.
falling off; bat
influence on our foreign supplies,
will, at
any time, be any
it
not thought that there
is
Our requirements are unsupply is also large, and
tcarcity.
doubtedly very large, but the visible
there are at^present no apprehensions about the future. It is
evident, neverthelesf), that the supply afloat must be maintained
at a high point
say 2,000,000 quarters if prices In this country
are to be kept at their present level.
—
—
*>i
3.V
6
4H
4
4
of
England amounted in tliat period to 60,713 quarters,
against 45,049 quarters last year, and that in the whole Kingdom
^
..
,,.,
6
8^4
.
....
5
1853.
1874.
1855.
1876.
£
_
£
„
£
_
£
„
»,985,3')«
J6,656,1.38
87,9e«,4<)3
«,!!70,806
88.056,161
3,876.277
22.678,.560
6.M8.M1
13,259,673
19,114,865
18,f47,a99
13,277,161
18,195,918
4,702,126
17.769.211
12,8;9,615
18,913,202
13,85?.842
20,053,932
24,916,197
13,739.297
16,752 031
12,417,137
11,448,975
8,899,905
10,666,140
16,902,031
22,7»3,9j2
21,867,120
5 p. c.
19,951,316
28.318,685
3 p. c.
29,456,189
2 p. c
x
96k:
The
official
week ending November 25, states
wheat in the 150 principal markets
return for the
they were 202,900 quarters, against 181,000 quarters. Since harvest
the sales in thel.'iO principil markets have been 694,450 quarters,
against 627,760 quarters while in the whole Kingdom it is computed that they have been 2,T77,800 quarters, against 3,511,040
quarters in 1875. The increase this season over its predecessor
amounts therefore to 266,700 quarters.
It is computed that the
following quantities of wheat and flour have been placed upon
the British markets since harvest
;
c.
9iV
91V
57«. Od.
6p. e.
6Ib.
93X
92)i
43-».
0<1.
W.
46s. gd.
7«d.
2d
48s.
6J{d.
ekd.
Is. 2Vd.
1». l)<d.
Is.Od.
Is. Od.
111. iOS\000 14),&7«.000 ld5,6<3.000 129,724.00g
llxd.
9>id.
8i<d.
Sales of
of bnllion are as follows
:
(QUOTATIONS POB BULLION.
eoLO.
BarQoId
SILVSB
5 grs.
Gold
Quicksilver,
peroz.
peroz
£8
lOs.
'
llxa
55
6.5'i'
56
...
8.
d.
9>f a''7 10
^
9
8
....
....
074
a76
3X®
d.
per oz., standard.
per oz., standard.
peroz.,
Spanish Dollars (Carolns)
Five Franc Pieces
d.
8.
per oz. standard. 77
per oz. sUndard
77
per oz. 78
peroz. 73
peroz. 76
peroz. 76
Bar Gold, reflnable
Bpanieh Doubloons
Booth American Donbloons
United 8ta»es flold Coin
German Gold Coin
1873.
cwt
cw^
i:,645,149
1,274,892
14,707,000
11.404,18»
l,400.t!S
27,626,541
130,727
I»,983,8n
S53.t.0l
30,483,998
74,418
23,119,167
price ef Enzlish wheat....
47s. Od.
3O,.S59,&80
47s. .3d.
27,495,811
45s. 3d.
25,309,813
home-grown produce
Ii,-X)0,'.0a
Total
Exports of wheat and ttonr
28,472,771
Result
The following
figures
show the imports and exports
produce into and from the United
from the
1st of
September
Kingdom
1,274,0B»
(is. lOd.
of cereal
since harvest, vis.,
to the close of last
with the corresponding periods in
U,77»,0M
week, compared
three previons years:
tlie
mroBTs.
1876.
1875.
Wheat
cwt. 9,107.005
17,533869
Barley
Oats
Peas
.^466,065
2,9'll,';4b
3,189852
Beans
1.834.fl«4
2,592,183
S79,478
988.88?
5,786,831
1,510,419
42ti,9.'S8
IndianCom
i:,06.\708
1,666,660
Flour
1874.
ll.Gli.149
4.572,800
3,3T1,086
375.640
682,176
3,252,182
1,374,893
1873.
11,404,1M
2,207,f86
2,097,089
210,418
T99.261
4,774,388
1,400,668
ExrOBTB.
CWU
Wheat
Barley
Oats
Peas
3'4,202
5,103
40,''91
6,4M
Boans
10,713
Ht.OSO
IndianCom
Flou
13,102
69.906
7,167
72,414
4,147
3.252
7 560
4,513
109,279
50,016
28,894
5,459
1,216.118
14;47U
Ii,6<3
S.tSl
76:1
847
31,361
21,448
56.066
67,946
The stock markets have been duH during th» week, and the
majority of changes have been adverse. Mr. Goscben has deliv.
ered his speech upon Egyptian finance but Egyptian Government securities have been depressed, and are much lower in
;
price.
Fears are entertained, in some quarters, that the revenue
home administration
of the country will not be adequate for the
and for the service of the foreign debt, and there is no doubt
that the carefully-prepared plans and estimates will require to be
as carefully carried out, and that every one connected with the
revenue, whether heads of departments or collectors, will have
In some Eistern coun'
to exercise strict economy and integrity.
tries the revenue suffers so much from the peculations of officials'
to use even a mild term, that it seems to be impracticable to
convert, on a sudden, officials of doubtful integrity into honest
servants.
Eminent financial men mny make euggestions, having
every appearance of fulfilling the object in view but they will
have to be carried out by men who have for a long period grown
rich upon corrupt practices, and who will find it difficult to
pursue a difTerent course. The market for American securities
has been rather dull but a prominent feature has beeb a demand
for Philadelphia and Heading bonds, which Lave experienced a
marked improvement in value during the week.
;
6
....
d.
a....
a
®
®
1874.
cwta
8,407,005
1,665,606
80,811,000
;
1876.
17,6*1,8(9
1,540,449
11,99«,««0
cwt
Imports of wheat
Imports of Hour
Avenise
6p.
There has been an active demand for American eagles during
the week, for shipment to New York but there has been only a
modtrrate inquiry lor bar gold. A few parcels of the latter have,
however, been purchased on German account, partly at the Bank
and partly in the outside market, a supply having arrived from
Australia, the whole of which has been absorbed by the export
demand. Tbe silver market has exhibited Increased firmness,
and rather a sabstantial rise has taken place in the quotations,
the present price of fine bars being .55d. per ounce, with an
upward tendency. The supply of silver in this market is now
very limited, and the demand for the means of remittance to tbe
East having considerably improved of late, holders are very
firm, and have been almost daily advancing their quotations. The
rise in the quotations from the lowest point, which was 47d., is
now considerable, and it seems probable, now tlmt more silver is
required for coinage purposes in the United States and in Italy,
that a recovery to something like the old level will not be very
long delayed. This will be a great relief to those who trade largely
with countries whose currency is silver, more especially if the
market at length assumes a settled aspect. The present prices
Bar Silver, Fine
Bar Silver, con'ng
Mexican Dollars
now
as any increase of firmness in the British markets has a speedy
1676.
„C0In
about
20 per cent.
:
1873.
Other securities
Reserve of notes and
for bills
that the sales of English
6X
..
Hi.
4
I*lpz'g
6
6
Circulation, Inclodlng
£
_
•••nk post bills
K.iSs.aiS
Pablic deposits
8,808,113
Other deposits
17,843.711
Government sccnrltlea.
1«.
at that price
^X
Upland cotton, of No. 40*8 Mule twist, fair second quality,
and the Bankers' Clearing House return, compared with tbe
yean
Bombay
5
and
Rome
Annexed is a statement showing the present position of the Bank
of England, the Bank rate of discount, the price of Consols,
the average quotation for English wheat, the price of Middling
fonr previous
Tendeni on Calentta and Madras at
Madras.
received about 14 per cent., and on
2^
Bnseelt
8
3
i>4
4^
4X
Frankfort
VlennaandTrleste....
Madrid, Oadlxand Barcelona
Lisbon and Oporto...
BU Petersbnre
618
choice qualities of produce have realized rather
by the
rates of interest allowed
The following
:
:
;
...
et ....
....
Discount, 3 per cent.
In the Indian excbaages during the week there has been a
decided improvement. The weekly sale of Council bills was
held en Wednesday, when £3.'50,00O was, as usual, allotted,
£If3,000 being to Calcutta, £150,000 to Bombay, and £7,000 to
Baxllsta market Reports— Per Cable.
The daily closing quotations in the markets of London and Liverpool for the past week have been reported by cable, as shown ia
the following summary
—
:
.
6U
;
THE CHRONICLE
—
[December 23, 1876.
13— Str. CreacontCity
Xondon Monty and Stock Market. The bullion in the Bank of
Kogland has decreased £230,000 during the week.
Bat.
Mon.
TneB.
Wed.
Thnr.
FrI.
Dec.
Oonsola for money.. 03 15-16 03 15-16
Dec. 13-Brlg Curacoa
Guracoa
Doc. II— Str. City of Vera Cruz .. 11,1 vana
Dec. 14—Str France
Havre
Dec. 14— Brig Wm. Phippa
Aux Cayos
Dec. 10— Str. Gellert
Havre
Liverpool
Dec 16— Str. Batavla
"
03.6b (5-S08,)'6E(old)l 04 V
"
"
I04?i
Km...'.i)tii
10)5i
tJ.S.newflves
lOiK
lOlV
B.
!S
83
23
IB
10
10
S6
36
10 9
10 10
9
6
10
10 9
10 11
26 6
36 6
Mon.
Tnea.
98
d,
10
10 9
(C. White club)... " 10 11
(n.W. mix.) «) quarter -26 9
(Canadian)
Quarter 36 6
"
Qorn
Peas
V
Liverpool Provisions Market.
Sat.
a.
.V tc
PorkfWt. mess).... ^bbl
Bacon (I'g clear mld.)|lcwl
d.
s.
81
63
43
51
68
"
"
BO
67
43
s.
"
(line)
10
Fetrolenm(reflned)....f)i;a!
_
"
"
(apirttaj
••
Bpirlte turpentine
"
London Produce and
d.
B.
Iiln8'dc'ke(obl).»ti;.10
d.
6
10
6
26
14
4a
65
35
6
£.
6.
d.
10 11
11
I
II
11
3
36
36
27
37
6
3
6
Dec.
16—Bark Jane Adeline
„
Total since
Same time in
.
7,664
B.SSO
1,292
,
4,:i05
Eflo
f,
..Gold coin
2,882
139,500
053.976
Gold coin
Gold coin
Gold bars
Gold coin
Laguayra
940
IOCS
Silvercoin
Total tor the week
PrevloualT reported
4!6.6.50
l,97»
$3,31.3,166
17.787,616
,
.Jan. 1, 1876
"
Same time '~
la—
'
$12,8.50.403
1875
1874
1873
1872
1871
,
$21,100,732
1870...
1869
1888
1867
1866
6,181.428
18,638,7;6
6,536,081
8.532,679
$11,550,710
14,975,000
7.013,821
3,145,692
9,624,432
The transactions for the week at the Custom House and 8ubTreasarv have been as follows'
Custom
Sub-Treaeury.
>
-Receipts.
House
PaymentB.-
8.
32
33
42
70
37
d.
69
6
34
10
14
42
70
37
6
6
6
23
14
6
6
Wed.
Thar.
£ s. d. £ B. d.
10
53
6
33
d.
10
6
24
14
43 6
70
37 6
Frl.
£
B.
d.
52
6
33
89
35
$304,561
248,985
30), 567
233,818
293,903
682,483
Currency.
99
89
80
90
21
67
$917,802
831.499
489.039
389.942
318,160
Gold.
Cnrrency.
$513,751 16
568,281 21
1.M.514 87
585,621 37
405,8 18 89
418,845 39
1=5
70
16
47
37
508,821 97
$477,345
«
1,057,953
762,713
3)5.114
60 1,957
87
43
72
80
576,.385 6li
$3,055,289 29 $3,443 066 42 $3,639,753 89 $3,819,469 96
68.071,700 10 42.785,618 97
65,497.233 66 43.40J.214 04
CONNHCTICUT WESTERN. —An adjourned meeting of the bondhollers of the Connecticut Western Railroad met at Hartford,
December 20. After a long discussion, a resolution was passed
asking the directors to get the consent of the stockholders to a
plan of reorganization, in which preferred stock should be issued
to bondholders as collateral for their bonds, the slock to be given
up, if the road is thrown into the hands of receivers. The preferred stock is to be entitled to all earnings up to 7 per cent.
After that the common stock is to have dividends only. The
preferred stockholders were to vote at the company's meetings.
To facilitate the arrangement, holders of bonds, of which there
are |3,000,000 out, are requested to send names to Caleb J, Camp,
West Winsted, Conn.
3
S6
30
21
23
$1,166,000
Total
Balance. Dec. 15
Balance, Dec. 22
69
6
89
35
3
187,000
176,000
156,003
267,000
156,000
6
Frl.
B.
33
36
3
;2M,000
18
19
6
6
10
62
6
89
35
S6
3
6
Thnr.
10
53
51
68
B.
70
37
d.
67
42
52
66
Wed.
10
6
6
B. d.
10
Dec. 16
81
4.S
6
d.
b.
Gold.
Receipts.
Frl.
d.
67
69
6
36
14
43 6
63 6
2i>
S
b.
6
63
69
89
35
26 3
S3
10
10
80
51
Tues.
£
89
35
.
EiinBeedoil....% cwt.
6
—
d.
d.
b.
Thnr.
d.
B.
80
67
43
10
6
Wed.
6
B.
69
10
UMeed(Calcatta)
52
Sngar(No.l2D'ch8td)
onepot.s^cwt
32
Spermoil
« tun.. 89
Whaleoil
"
35
63
B.
6
9
6
6
36
d.
Oil Markets.
Men.
Tues.
Sat.
£
6
d.
13
65
33
11
36
Frl.
d.
23
9 10
10 8
98
51
34X
IaIIow(primeCity)..i» cwt. 42
0l0Ter8eed(Am.red).,
6
Mon.
Sat.
"
B.
80
67
43
—
69
.
d.
68
e.
„.„„,„
Silvercoin.
Gold coin
Bar gold
Qolddust
Gold coin
Gold coin
,
61
Liverpool Produce Market.
Boain (common)... flcwt.
9
Tbur.
d.
8.
98
U
—
d.
B.
98
.
.
Wed.
Tnes.
33
(
:
10i«
—
Hon.
Bat.
B. d.
Wheat R. W. spring), ^otl
" (Rfd winter)...
"
" (Av. Cal. white).. "
106M
Frankfort were
fives at
10I«
lOVA
101)<
special report ol cotton.
Marktt.Sao
btrd (American)....
Oheeae (Amer'n ftne)
107^
United States new
lAverpool Breadstufs Market.
Beef (prime raesa)
los
103
106/,
107X
106^^
Vbb)
i:??;
1G7J4
106^^
10;?i
106>i
I07«
Hour (extra State)
104^
lo;^;
106
for
M4V
win
0. 8.10-40«
94 1-18
94 1-16
!)3 15-16
93 li-16
104X
\m%
Hew6e
The q notations
Liverpool Ootton
94 1-16
04 1-16
94 S-18
34 5-16
accooEt.. 93 15-16 93 15-16
Aspinwall
36
3
—Messrs.
M. K. Jesup, Paton & Co., after careful investigahave accepted the agency of the Illinois Trust & Savings
Bank, and recommend strongly the mortgage investments
made by this institution. Eight per cent interest on safe securities cannot easily be had now-a-days, and investors will do well
tion,
(Siommerrial mxh MtiQCtWantons K^cos.
—
Imports and Exports for thk Week. The imoorts this to look into the advantages offered in the advertisement in
week show an increase in both dry good and eeneral mer- another column.
chandise. The total imports amount to $4,044,051 this week
Attention is called to the card of Messrs. Calhoun & Steele,
•srainst $3,863,-598 last week, and $3,401,541 the previous week.
accountants, which will be found in our advertising columns.
Theexpons amount to $5,734,257 this week, against |6,C63,540 last These gentlemen have among their references fome of the best
week, and 'tO,934,61C tlie previous week. The exports of cotton known and most highly respected business men
of this city, and
the past week were 13,53 J bales, against 9,419 bales last week.
parties having books or intricate accounts to be examined may
The tollowinarare the imports at New York for week ending (foi find it to their advantage to communicate with them.
dry goods) Deo. 14, and for the week ending (for general merThe Oriental Bank has declared the usual semi-annual
chandise) Dec. 15
—
—
:
rORStOK IMPORTS AT
NEW TOKK FOR THK WEEK.
1873.
Drygoods
1874.
$1,457,29!
5,361,433
$578,153
Oeneral merchandiae.
.
4,
.
Total for the week.
Previouaiy reported
Since Jan.
1
The following
130,799
1875.
4,315,955
1876.
f918,.i59
3,1-25,595
t96!,561
l;5.0O3.951
»6,7:i,774
368,978.216
370. 677, ^ 86
$3,879,516
311,345,649
f4,04»,054
865.673,436
$373,937,3?7
$317,389,660
$316,635,165
$2J9.7ir,M0
a statement of the exports (exoluMve of specie)
from the port of New York to foreign ports, for the week ending
is
BKP0HT8 PROM NEW TORK FOR THE WEEK.
^ '873.
„ .V
Fortheweek
,
Previoualy reported....
Since Jan.
1874.
$5,803,8.50
$(i,586,60il
376,861,77)
845,431,363
..$493,373,671
1
1875.
$5,548,847
887,72.5,021
1873.
$5,724,257
261.353,664
dividend of six per cent., payable on and after January S next.
The new building which the bank owns and occupies is spacious
and affords every convenience for the transaction of the business
of the corporation.
—
The American Mining and Stock Exchange give notice, in
our to day's issue, thai, on and after January 2, next, they will
add to their regular call, and deal in, railway and miscellaneous
securities
the rate of commission on such dealings will be onetwentieth (i-20) of one per cent.
The Hannibal & St. Joseph Railroad Company will pay the
interest maturing January 1, 1.877, on the bonds of the company
also, on $3,000,000 Missouri State six per cent bonds, known as
the Hannibal and St. Joseph issue, at the Bank of North America,
upon presentation of the proper coupons, on and after January 8,
;
—
next.
—
The Illinois Central Railroad Company has declared a divishow the exports of specie from the port of dend of two per cent., payable on and after February 1 next.
New York for the week ending Dec. 16, 1876, and since the Transfer books close January 13, and re-open February 5.
beginning of the year, with a comparison for the corresponding
The Ninth National Bank declares a dividend of three per
The following
$281,673,633
$251,767,852
$236,917,921
will
—
..
date in previous years
Dec. 18-Str. Columbus
Havana
London
Dee, 14-3tr. Friaia
.«
•Dec.
—
Dec.
.,
c,
„
16-Str. Prance
«
16 -Str. Crescent City
,
,
Spanish gold.
Silver bars...
Silver bars....
Havre
Go'dcoin.,..
London
Liverpool
Mexican
Total fortheweek
Previously reported
Total since January
1S°
!5*"
S^
**"-•--.
140,0,10
8,000
3.300
21,500
3,000
o
60,CO)
Silver coin...
Gold coin....
Silver bars
Silver bars
Gold coin.
Aepinwall
^?'"S!5*
Dec. If~li''le^Str. Briiannio
$61,115
Hamburg
„,
Same time in—
JgJ
1
silver.
i.ono
i,ton
22,500
«oq, r.b
"..!!''l!l"!"']'.
1,
1876
$4333i!o32
:
Same time In—
i
$08,886,495
I
4*8QM17
48.556 710 11868
6S.564,1«0 1867
61.532,023 1866
$58,324,868
70.109
9111
4'<564601
I
I
Havana
Liverpool
closed
—
past six months.
—
—
—
The Hanover National Bank has declared a dividend of three
and one-half per cent., payable on and after January 2.
The Tradesmen's National Bank will pay a dividend of five
per cent, to its stockholders on and after January 3.
The National Trust Company is paying a dividend of four
per cent., earned during the last half year.
,
California Mining Stocks.—The following
prices, by telegraph, are furCo.. 36 Wall street, N. Y.:
Justice
23
Savage
10
Sierra Nov... 11
Belcher
Kentuck
9
9
Silver Hill.
Mexican
19
9
Best
Belc. 48
Union Consol 10
Caledonia
13
Gould &Cur. 14
Ophir
27
Overman
California... 47
Hale
Norc. 7
113
Yel. Jacket . IS
Imperial
ChoI'rPotosi 87
3
Ray'd
Ely. 3
Dividend on Northern Belle, $1 per share; dividend on California, $2, Dec.
Kly, $1 per share.
16, 1876 ; aeecssraent on Raymond
nished by Messrs.
1870
... 60.760,528
^ The imports of specie at this port during the same week have
Dsen as follows
5!«'J-ft'--W<Ber
Bremen
Gold coin..
$370,814
*''"»»"
Silver cclu.
162
nS- ^~l '• ^'''' ••;
Aapinwall
n^' li ?K-,^7'"'i.'^
n^'irlt'S"?^''?'
iiec.
11— str. Britannic
on and after January 3. Transfer books will be
from the 33d instant to the 2d proximo.
The Metropolitan National Bank pays its stockholders, on
January 2, a dividend of five per cent, out of the earnings of the
cent., payable
:
Gold coin .
Bold coin..,
Gold com..
200
19.f0)
1,221,561
Alpha
.30
&
Wm. W. Wakeman &
Consol. Vir.. 41
Crown Point. 7
Eureka Cons. 11
I
.
I
.
[
A
&
&
Texas SK0URiTiK3.--Mea.«rs. Forster, Ludlow & Co., 7 Wall St., quote;
State 7s,gld §104
90 ....
103
State 10s,pen3 S102!4 105 Dallas 109,
63 of 1892 .
S. Ant'io 108
7«,g 30 yrs «105
103
.•
S »"
10s, 1834.. 5 91
.... I Austin 10s....
95 102
|
I
I
.
S
Wilh
interest.
.
.
:
December
.
,
:
THE CHBONICLE
23, 1876.]
«*17
"T,..
fiaulicts'
(the
No
Dec.
Int. period.
(,1881
National banks organiKed during the past nruok.
D
The
Closing prices dally ksre been as follows:
®a?ette.
V
I
D BN D
I
fSB
.
I
61 5-aOs, 186S
68, 6-20s, 188S
:
WHEK
UOOKS ULOStD
Obht. P'aslb. (Days Icclnslva.)
Rnllrondii.
Ohic.
Rock
&
Inland
3
Connecticut Itiver
t*
3
3
Geor£;la
Illinois Central.
Bank
Feb.
1
Jan.
Jan.
1
lf>
Feb.
1
1
4
Jan.
Jan.
Jan.
4
Jan.
3'/,
Ian.
8V4
Jan.
Jan.
Jan. 14 to Fob. 4
1
a
.
Importers' A Traders' Nat
Irving Nat
Mechanics' Nat
Merchants' Bxcbange Nat
McrcbantB' Nat
Metropolitan Nat
Nat. Dutchers' £ Drovers'
Nat. Clilzens'
Nat. Park
7
Doc
Jan.
Jan.
Jan,
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Dec.
Dec.
Dec.
Dec.
4
&
4
314
3
3
Oriental
6
People's
5
5
4
..
Trsdesmen'B Nat
WestSide
n
Tan.
K
m
,
S Dec. 23 to
2 Dec. 26 to
2 Doc. s» to
8' Dec.
to
4
Ninth Nat
19 to
SI to
20 to
22 to
20 to
Dec. 21 to
Jan,
Jan.
Jan.
Jan.
Jan.
Jan.
Jan. 1
Jan, 2
Jin. 7
Jan. 1
Dec. 20 to Jan.
2lDec. 23 to Jan,
8|...
1
1
.
2 Dec.
I
to Jan. 1
Dec. 19 to Jan.
1
Insurance.
namilton Fire
19
MoutaukFiro (Brooklyn)
10
Jan.
Dec.
mUsecllaneousa
Himpshire & UnUiraoro Coal
Wells Fargo <fc Co. Express
Tile
IVi
4
Jan.
Jan.
3 Dec. 21 to Jan. 3
13 Jan, 6 to Jan. 16
FRIDAY. DBO. 22, 1876— « P. M.
Money market and Financial Sltoation. —The im-
portant event of the week waa the definite settlement of the
railroad war.
noticed in our last report the confident assertions made that an arrangement would certainly be cloaed, but
it does not appear that the contract was finally signed till Saturday last, the 16th instant. If any credit is given to the contracting parties for integrity of purpose, we can not sea why the
We
agreement now made should not be permanent, and form the
basis for a more perfect harmony among the trunk-l:ne managers than has ever before existed. If it is conceded, as some
parties assume, that there is not a bona fide intention of carrying
out the contract, and that the Presidents of the Pennsylvania
and Baltimore & Ohio Railroads will not see to it that their part
of the agreement shall be faithfully ex'iouted, the matter is quite
different, and under such circumstances It is useless to discuss
the bearings of this or any other agreement which might be
made, as they would all be alike nugatory. On another page
will bo found some further remarks on the subject, together
with the terms of agreement as reported, and the new tariffs
made on Ea?t and Westbound freights.
The movement on the part of some of our city banks to reduce
the amount of their capital stock is one of the features of the
day, and among those having taken or contemplating such action,
xve notice the Fourth National, Metropolitan, and Bank of the
Republic.
Our local money market is somewhat variable, as might be
expected toward the close of the year, and on call loans the
terms to-day were generally 4@6 per cent. On prime paper
quotations are about .^^((iGi per cent.
The Bank of England report on Thursday showed a decrease
In bullion of £330,000 for the week, and the discount rate was
left at 2 per cent.
The Bank of France gained 5,198,000 francs
in specie,
'I'lie last statement of the New York City Clearing House banks,
Issued December 10. jhowed an increase of $3,703,875 in the
excess above their 25 per cent, legal reserve, the whole of such
excess being $11,848,475, against $8,084,600 the previous week.
The following table shows the changes from the previous
week and a comparison with 1875 and 1874
-1876,-
Dec.
toans and dis.
Specie
Circulation...
Net deposits..
Legal tenders.
1875,
1874.
Dec. 16. Differences,
Dec. 18.
Dec. 19.
$256,681,030 $2^,147,200 Dec.$3,ri:i3,S03 $205,512,500 $-385,409,800
9.
lti,105,800
i:i.619.5';0
83,09D
Ui,0!S.OOO
,
l,67.-),700
204.2:) >,000
24,731, 610
21.5,707,800
30,512,400 Inc.
1,53,500
41,060,600
4r,931,700
-JB.giT.a 10 Inc..
i2.92.3.40fl
4,02:1,893
20(3,524,500
.36,37:3.900
United States Bonds.
—
Inc
for governments, and in
the face of a slight decline in gold
bonds have generally advanced about 1 per cent, in the week,
and some Issues more than 1 per cent. The predictions of our
last report have thus been more than fulfilled, and the demand
from corporations has been considerable, although wo do not
hear of any very large l)locks sold to single purchasers. There
is no substitute for govornment securities as a sound and
papular investment for banks, insurance companies and trust
companies, and if a common interest of the people in protecting
the government credit ever ma'cea a "national debt a national
blessing," perhaps the present time is an illustration of it, as in
the midst of political uncertainties there Is confidence that no
party could dare to let the govornment obligations be dishonored.
Closing prices of securities in London have been as follows:
Dec.
8.
U.
S. 6b, 5-20S, '865, old...
68, 5-20S. 1867
68, 10-40S
H. 8.
U.S.
New
5s
Dec,
Dec.
15.
22.
101
in4)<
1
110
xi07X
lOfl
1
\(KH
107K
los
106
106
106X
I
A:
Nov.
116,'i
18.
19.
Dec.
80
Vm.
Dec.
«.
«l.
lW!i •inSi 'IIXK
117
IIT
117K
\Kti
UT!<
'IWH
HTX
.,
reg..May
*Nov. 109^*110
coup. .May
•110
100)< •loftv •logu
109 )i lOOM io*M
•K«K *)09;<
\2% I13K IIS
HSU 1123C
110
113
\Vi\
115H 115«i 115^
•11314 •113)< •llSii
coup., Jan, & July,»117
68, 5-«B, 1868
*l\7H 'IITH' •1I7X
6s, !0-4(iB
reg,. Mar, & Sept, 'llax
113
*\ny, \\i%
Se, 1^40^^
conp,.Mar.&8ei)t.«112)< 113 'li%\ '\li\
reg.,Qnar.— Feb, lllJi •111^ lll)f lH'i
98, rnndeil, 1881
59. funded, 1881.,. conp.,Qnar.— Feb. 111^
11IK lllK *1119(
4WS, 1891
rcg.. guar. —Fob. 108X 'KSJt
108X •JOS.'i
coup, ,«nnr.— Feb
reg,, Jan. & July. 121)f
IMK
umt
IKK
•HOK
*>I3H
116)4
\V<',i
lI»Mi
IHJl
I17H
'l^lVt
IHK
IHK
112
*Wi% *m
"~
»U%\ 113
•lOBH
IJIV \i\H»li)% t»lV4
has been a light business in State bonds.
Tennessees are quoted lo-day at 40i bid,
and it is concluded that bondholders hope little from tho coming
Legislature.
North Carolina special tax, 2d and 3d classes, sola
to-drty at 3.
A meeting of bondholders is called for Wednesday
next at 78 Broadway, to devise a plan for adjustment of tho State
debt, to be presented to the General Assembly. January coupons
of Florida Cs are paid in this city. January interest on the new
Alabama bonds will be paid at the National Bank of State of
New York. Louisiana bonds have sold low in New Orleans, but
recovered somewhat to-day, and were quoted here at fSi\ bid.
The Solicitor of the Treasury has rendered an opinion that Investments in District of Columbia 3,63 bonds are exempt from
the semi-annual taxation of bank capital.
Uailroad bonds are steady, and as the 1st of January approaches,
The Hannibal ft St.
prices of good bonds are generally firmer.
Joseph land-grant bonds have been extinguished, and the trustees have turned over to the company some $3, .500,000 of land
notes and 80,000 acres of unsold lands. The New York Supreme
Court, last week, authorized Receiver Jewett to pay two years'
over due interest on the Erie Railway fifth mortgage bonds.
President Knight, of the Central Railroad of New Jersey, bas
issued a circular, dated December 20, in which he says:
The company has defemilned to Issue certlPcatcs of indcbtfdnesa to an
amount not to exceed $!,OOO,000, In turns of |100, $.500 and f l.OCO each, paya-
State
Vtlii
and Railroad Bonds. — There
ble in ten years, aed bi-aring interest at 7 per cent per annum, payable semiannually on the first day ol March and September in each year. The certlScates will be secured by depositing wiih llio Unaranleo Trust and Safe
Deposit Company of Philadelphia consolioaled mortgage bonds of the Lehigh
& 'ivilaeebarre Coal Company, now owned and guaranteed by the Central
Railroad Co., In the proportion of $6,000 in bonds to every $i,<X)) of certificates issued. They m-iy be converted at the option of the holders into the
said consolidated mortgrgc bends at par, upon an equitable adjustment of
«
»
•
interest, when presented in snms of not less than $l.COii.
The negotiiition of the proposed loan will place the company In an easy
financial position, and will. It is believeri, grtatly enhance the value of the
•
»
*
stock and securities,
Notwithstanding the nominally larije transactions In the secniitiee of the
company within the past few months, and the heavy decline In values, the
books show that about fi ur-fifths of the capital stock is still held by the same
parties who held it a year ago.
The company may redeem the certificates on piyment of 5 per
cent premium. None of the recent blanket msngage bonds have
been or will be used, except as collaterals.
The following securities were sold at the Exchange salesroom
BONDS.
SHARKS.
& St. Jos. RR
& Indianapolis RR.
iro St. Louis
23 Terro H.
50 N. Y.
&
l.ehigh Coal
Co
10 Bank of North America
Trust Co.
100 Farmers' Loan
9 City Fire Ins. Co
3 Tradesmen's Nat. Bank
&
.
191?^
170
125
162
.
RR
11
Third Avenue
7.1
Columbia Fire Ins
12 N. Y. Produce Exch. Ins
10 Merchants' Kxcb. Nat. B'k.
50 Wright's Manuf. Co. (Llm.i
10
05
a3
95
75
..
.
.
91
91
5
BONOS.
N. Y. City Consol. 78,
reg.,1894
113^
5,000 N. Y. City .Street Op. 7*,
VTIM
reg., 1882
4 000 Jersey City 7s, Water, 1913 109X
109
3,000 Jersey City 7s, 1913
*lii,000
4,000 Brooklyn 68, Water Loan.l07K
Derby KR, 7» 104!^
4,000 N. Havtn
5,000 Belvedere Del. RR. Os
95X
20,003 Iron Cliffs Co. 3d and con.
110
mort. 103, 188.1
&
The following
Chic.
Danv,
&
securities
of
Ihc
Viucennes Railroad
at the same p]a:c
$298,010 11. Div. 1st mort. bonds,
1909
40
11,060 Cerliflcate of Indebtedness, due Feb., 1879, for,t7,700
3,0D0 Ind, Div. Igt mort. bonds,
1912
19
were sold
5.000 I'onvertible Iwnds for
$60
3,780 Cert, of Indebtedness, due
1879, for
$1,200
3,0.'0 Ind, Div, lat mort. bonds. II
5,0)0 Convcrllble bond- for,,., $,325
7,700 Cert, of Indebtedness, dne
1879, for
t.3,909
.3,001 Ind. Div. Ist mort. bonds.. 12
5,0f0 Convertible bonds tif
% 08
3,780 Cert, of Indebtedness, duo
187:1, for
$S,509
S 000 Ind. Div. 1st mort. bonds. 13
5,' 00 Convertible bonds for, .,$109
3,780 Cert, of Indebtedness, due
Feb., 1879
67
—
Railroad and nilBcellaneona stocks. Tlie absorbing topic
week in the stock market was the settlement of the railroad war. The agreement was concluded on the 16th, and the
There has been a strong market matter has been variously discussed amon^ brokers, the bears
15,121,103 Inc..
l.),O3i,10O
2'4.S50.800
May
16.
July. >13!<
* July.
A Nov. 1I9H
6s, 6-20a, 186S, n. l...reg...lan. A July, lOH^
6s,.V10s,1865,n.l.,coup,,Jan, A July, Wm
6b, 5-208, 1867
reg., Jan. * July. 112W
6s, 5-20S, 16«r
coup, ..'an. A Jnly.«l15jJ
is, S-20B, 1868
re?, Jan. & July. •1I3)<
4V{s. 1891
6b, Cnrrcncy
Banks.
of America
Fourth Nat
Hanover Nat
&
Dec.
,
Pacific (quar.),
Kltchbnrg
Old Colony
rWia. Wll. & Baltimore
ret:.. Jan.
coup.. 'an.
Called bonds
8
followlnz Dividends bavo rooently base asnoaneed
COHFANT,
9t, 1881
Dec.
-Kange
since Jan,
Lowest.
1, 'r6.
—
Highest.
I
',D2% Oct . 15! !053» July 21
Juno 9
107!i Jan.. 8] 111
lOS^i; Apr, 80
lOSX Aug. 15
10l>^ Jan..l3' 108).Sept. 88
of ihe
claiming that the arrangement will not be faithfully carried out,
and other parties believing that the settlement is on a very subOn the assumpstantial basis, and is likely to be permanent.
tion that all the contracting parties are acting in good faith, we
take the view, as aljove expressed, that the terms of sottlement
are reasonable, and the princijile established for the movement
of Western products to the seaboard, is one of great importance.
Immediately on the announcement that the trunk-llBe officers
had signed the treaty of p«ace, the stocks chieflv involved Lake
Shore and Michigan Central advanced sharply, but have sincn
lost part of the advance, and Lake Shore closes near last Friday's
price.
New York Central has fallen off to 102i ex div,, possibly
on a less favorable construction of the company's late report and
its prospects under the new freight arraugomont, or on the report
Central of New Jersey
of Commodore Vanderbilt's cxindition.
advanced to 37J on tho President's circular, and closes at 37^,
Illinois Central advanced to 70, but since Iho declaration of a
dividend of only 3 per cent sold back to day to 66J. Rock Island
has been strong, and closes at lOlf
The governors of tho Stock Exchange have made the following
—
—
.
..
.
X
..
'
X
,
:
,.
—
.
l^E CHRONICLR
614.5
& Western
/dealiags in Toledo Wabfiah
liailroad
—
:
[December 23, 1876.
amoant of specie In the English steamers now overat this port, and as tliere will be large disbursements of
gold for January interest, the market is heavy. There seems to
be little borrowing demand for gold lately, and on loans the
terms today were 4^, 4, 5, 6 a«d 7 per cent, for carrying. The
N. Y. Gold p^xchange has voted to take from the Gold Exchange
Bank the business of clearing, and authorized the executive
committee to consummate arrangements with the Bank of the
considerable
due
ledo
Wabash & WeBtern
Railroad stock matnring after Dec.
after that date in certiflcates
made
settled), o- transaction!;
Committee of
Wabasli Riilroad Company, cannot be
•y until the opening, and must carry interest a« provided in
by-laws.
he opening shall be understood to be when the
[g
ilia
'J
Committee are placed npoathe
icates ofjthe Pnrcha8in<;
list,
be issued.
At.
iffhest and lowest prices liave been as follows:
Batardav, Monday, Tnesday, Wedncs'y. Thursday,
FrIdaY,
Dec. !S.
Dec. 18.
Dec. 2..
Dec. .9.
Dec. 20.
Dec. 22.
* F«e., nrf
~ c. Tel.
At.*Fac.Tel.
15
NJ
Central of
Col.
Chic*
33X SIX
20X 21X
53X 54X
»H sex
5«X 56)1
WXIOOX
I.C
2X
!00X
3
2X
m
Del.& U. Canal
n\
•14X I5X
15
SiH SIX
20^ %X
53y tan
35
as%
K)i sex
C.MIl.&8t.r.
prer.
do
Chic.* North.
pref.
do
C.K. I.A Pac.
14y 15
S3X »1K
20
20V
53y 53 >«
S7
37X
15
S4X
2»X 20X
31IK
53i<
MX
3«X 87X
MX 5?X
lOOX
101
3
101
5CX
X
101
3
(>9X
'69
V>)i
e9'/i
69X
Del. L. A West
low ;iK 69X 10X 69X 70X
Erie
9H lOX lOX lOX . 9X lOX
Han. *8t. Jos '12M ... •lax .... •12X ....
do
pref.
26!^ 26X
•»X 2«X
135" -.;
H»lem
'xias '38
Iircentral....
«7X 67X «8X 69X 69!< 70
Lalie Shore ...
58
S9X CO
60^ 59V et)^
MlcMganCent MX 46
46X 48 i< 46 X 47X
N.T;^.&H.it -iimx
Ohio
A
Miss...
Faclflc Mall
FaclQcof
.
.
Mo
Paaama
QnlcksllTer..
.
Bt.L. I.M.&S.
loex
'126
13
'13
IMX
104X105
SV
r,U
24
5X
WX
24X
=X
24X
T.Wab.A
•13
14
5X
Union Pacific.
5X
60X COX
West. Un. Tel.
60
]2X
PX lOSX
Adams Exp...
American Kx
United SUtea.
4
100
100
100
f.lX 55«
56
63X 53X
70;<
7051
8X
9K
68X
59X 60X
46X 47X
24X 25X
3«X
5«V •5S5? 56X
lOtX lOlV
102
•ax 3x
70X 70X
4O
9
•13X
'11
9X
13X
26\ 27
14
102X 103V
6X
6
3X
6X
24
4V
?.
.?.
....
73X TSX
'ITOXIOIX
x7iH;
55
63X
S4
'....
16
4X
4
V.
"^H 'IX 72X
lOlHlOlX loixioix
56
56
'SSX 55X
5214 52X •52V .-.
68
87V 87V 88
Wells.
Fanco .. 89
89
*.S7V 89
'SSX 8SX
88X 89
• This is the price bid and asked : no sale was made at the Board.
Total sales this week, and tlie range in prices since
.
24X
13X 13V
15
4X
5i
.
i
-
I
High
-
Cios.
107 X
Tuesday,
Wednesday,
Thursday,
'
80,61^000
Currency.
1,603,248
1,702,173
1,3*5,683
981,500
1,034,2M
$li'0.558,000 $. ...
163,967,009! 1^13,589
lorji
1,383,880
3!,280,0-O
17,821,000
12,510,«00
107«
'
i
1,480,818
1,470,10?
1,213,600
lOT/j
'
Gold,
Clearing's.
$27,467,000 S8,S08,26'i 12,533,824
974.115 1,051.075
19,829,000
107X
107^
Friday,
Itex 104X
55 (<
4X
14
65
66X
58X 59X
46X iV4
3X
13X M3
3V
9X
«5X 67X
59k 60X
4«X 47X
•12
,
Saturday,
lOTii
139
24X
15
71X
71X
9X
14
table will show the course of gold, and operaGold Exchange Bank, each day of the past week:
Qu otat ons -"
Total
Balances -
Monday,
71
72
or the Metropolitan Back. Customs receipts
Silver is quoted to-day
|1, 166,000.
week are
The following
tions of the
52^
51
•.... 130
14
•SS
101
20
53
136
55X 5,5)i
53X 53X
52« 52X
69X
70X
41<
60X 60X
73X 73X
60
72X 73X
101
55
5X
4X
3X
IM m'A
5X
5X 6V
14X 14X
....
2*
105
5X
San
19X
SIX
S5X
56V
V
iix iix
33X S7K
19X 19X
....
an
101
68S«
24X 24X
8t.L,*K.Cj)f
57
101
18X 1.3X
26X 26X
•12C"l36"' •126" .'...'
•12X .... •13
13X
130
13
X
•nv
New York
State of
at this port for the
in London at uOJd.
Current week
Previous week
Jan. 1 to date
lorx
107,'i
—
Ezcliange. There was rather more activity in exchange for
the mid-week steamers, and this morning a leading house ad
vanced rates to 4.83 and 4.85. Tlie market, however, could
hardly bear the advance, and business became stagnant. Several
steamers with gold on board are now overdue, and bankers to
whom it is consigned will not purchase before its arrival, On
actual business to-day rates were about 4.82^ for 60 days' sterling, 4.84J for demand, and 4.84} to 4.85 for cable transfers.
In domestic exchange the rates on New York to-day at the cities
named were as follows Savannah, J off. red Charleston, easy
Cincinnati, dull and heavy, l-10@i discount
St.
i@par
Ijouis, 150 discount
Chicago, 100 discount; and New Orleans
:
Jan. 1,
were as follows:
;
;
;
;
Sales
of w'k.
Shares
A
Attantlc
Pacific pref
Atlantic A Pacific Telegraph
Central of New Jersey
Chicago Mil.
do
Chicago
A
&
St.
27,154
Paul
do
pref...
do
pref. .
Pacific.
Chicago Rock Island &
Cahimbns Chic. & Ind. Cent
Delaware & Hudeon Canal
Delaware Lack. & Western
St.
do
6,100
10,230
pref
4^890
267,707
Michigan Central
132,025
N. T. Central
Hadson River.. 10,562
Ohio
Mississippi
14,450
,
Pacific Mail
85,775
Pacific of Missouri
100
LakeHhore
&
Panama
'356
QnicksilTer
8t.L*iiis I. K'ntain
8t. Lonls Kan. City
[
—
to date.
Ilighest.
Jan. 81
Feb. 84
14>f May 251
20 Ji Sept. 15 109?< Feb.
7
22
55'; Dec. 1«
gS"* Oct.
2
2X
130X Ian.
JlUnois Central
&
1, 1876,
Sept. 5
Dec.
8.785 6I14 Oct.
54,.356 644 Oct.
29,545
X Dec.
900 lOX Ang.
500 185iAug.
Joseph
do
Harlem
Jan.
Lowest.
1
Nov. 16 46H Feb. l-i
6«,050 4!lJi Nov. 16 84 X Mch. 13
6,900 31K Sept. 27 V>M Feb. 16
400
Ktie
BannUMdA
—
ISVi
Northwestern
do
"m
.
.
.
Dec.
48X
34X
Sept.
Sept.
SilOSX Mch.l3
5t 68X Jin. 17
65X Mch.
'
51
67J4
33'ii 48«
:
46
I
lOOX
fA%
109>i
9X
llOX IM
S
1
106X183
12U .SSM
M,% 80«
80X 37X
138
127X
88 W 106
61X 80X
53
82U
15
9«
Sept 26|117M Feb. 15 100
lOlJi
5
Nov. 20; S4J< Feb. 1 14X 8SX
16X Apr. 10 39jj Jan. 17 30;4 45k
IHSept. !)| 16 Mch. 81 IX 55
128
Nov. 211140 May 84! IIOX 178
leX Nov. 16 20X Feb. 251 13
85
10
Nov. 16] 26M Mch. 9 13
27
22« Jan. 7 *) Feb. 26 19>f 45
June 12 8 Nov. 8 2!X 81X
57X May 25 74X Jan. 1" 30
63X May 1 80X Jan. 31 TOJi 8I«
100
Dec. 18 114
Aug. 15 98
65
Dec. 13 67
Feb. 14 50
49V4 Dec. 13 76X July 10 41X
*9^«
79
Sept. 27 91
Feb.
71
5,
1
\
& Sonth'n.
A North, pf.
Toledo Wabash A Western
Union Pacific
Western Union Telegraph
Adama Express
American Express
United States Express
Wells, Fargo 4 Co
«5
67>i Feb. 15
IllX Feb. 16
11
8)i Jan. 28
2|125
Jan. 13
2 120X Jan. 3
11 83>iMch. 13
7 2254 Jan. 31
23 a:j>f Jan. 31
a 145
Feb. 14
Whole y'r.
.—1875.^
Low. High
8X! W
17« 29W
99X 120
28« 40>i
100
i
10J977
625
96,875
1,170
4\'
X
-
-
M
The latest railroad earnings, and the totals from Jan. 1 to latest
dates, are given below.
Tlie statement includes the gross earnings of all railroads from which returns can be obtained. The
columns under the heading " Jan. 1 to latest date" furnish the
gross earnings from Jan.
in the second column.
.
Atch. Top.
A
S.
1, to,
and including, the report mentioned
of
Nov
Bur.&Mo.Rlv.iuNeb.Monthof Oct.
Bur. C. Rap. A Nonh.ad week of Dec
Cairo A St. Louis
Month of Nov.
Canada Southern. .. Ist week of Dec
Central Pacific
Month of Nov
Chicago A Alton
8d week of Dec.
Chic. Bur. A Quiiicy. Month ol Oct
Chic. Mil. A St. Paul. .2d week of Dec
Cin. Lafay. A Chic.
1st week of Dec.
Clev. Mt.V. & Dei... Month of Oct...
Col. A HockiDSf Val Month of Oct
Denver A Rio Grande. Isf wjek of Dec.
Flint A Perc Maq... Month of Oct.
Hannibal A St. .lo... Month of Oct
Houston&Texas C.w'kend. Nov. 17
Illinois Central
Month of Nov.
Indianap. Bl. & W.. .2.1 week of Dec.
Int. A Qt. Northern. .2d week of Dec.
Kansas Pacific
Mouth of Oct.
Louisv. Cin. A Lex.. Month of Oct
Loniflv. Pad & So.W.Month of Oct..
Louisville & Nashv.. Month of Nov
Michigan Central
2d week of Dec
Mo. Kansas A Texas. 2d week of Dec
Mobile A Ohio
Month of Oct
NashY.Chatt.&St.L. Month of Oct...
New .'ersoy Midland. Month of Oct...
Ohio & Miasi8.sippi .Srt week of Nov.
Philadelphia & Erie .Month of Nov
Rome Wat. A Ogd .Month of Nov
8i.L.A.&T.H.(brchs) 2d week of Dec.
St. L. 1. Mt. & South. 2d week of Dec
StL.K.C.&North'n.ad week of Dec.
St. L. * SoHtheastera.lft week of Dec
St. Paul A 8. City, &c.Month of Oct
Tol.Peoria& Warsaw 21 we k of Dec
Tol. Wab. & West. ..Mouth of Nov
.
.
.
.
.
. .
.
.
.
'
.
.
I'lse
Gold market
-Dec. 2 J.
80 days.
Prime bankers' sterling bills on London.
Good bankers' and prime commercial
Good commercial
Documentary commercial
Antwerp
—Qold
. Jan. 1 to latest date
1875.
1676.
1875.
1178.9.54 $2,28 .&18 $1,36!,775
1876.
J2!5,'i00
144,482
81,062
80,129
103,228
713,861
671,6.38
29,775 ],0«,260 1,255.651
21,934
816,181
251,338
28,:180
8e,02; 1.600,161 l,l:)7,861
1,67.S,000
1,513,836 16,773,168 l.),69>,854
105,02.-)
10S,f»2 4,791,701 4.481,9-j3
l,.^W,2t)9
1,188,010 10,161,013 9,874,442
143,000
171,374 7,7.'a,139 7,874,109
6,018
9,112
.34S,i)22
371,962
.S7,ft«
42,349
317,S31
357,975
9J,352
%,155
7,662
7,181
367,071
.til ,088
89,889
88 632
809.671
8>1,I90
188,976
173,911
1,590,720 l,340,lw5
101,390
99,890 2.591,820 8,377,149
683,10tl
773,092 6,547,607 7,13:1,122
85,7W)
29,923 1,401, ,547 1,273,859
58,804
44,7i5 1,339,158 1,2.58,343
34.5,363
338,978 2,.5O0,181 2,773,032
11.3,431
114,-579
911,987
9)9,207
42.6.38
41,17-9
877,008
4811.378
485,818 4.837,479 4,S9),9-38
182,09.J
1.39,9 >7
6,413,619 6,346,784
78,582
ri,830 3,06H,1.57 8,74S,179
861,507
819,804 1,508,598 1,367,931
143,623
l.'),5,896
1,411.487 1,320,8S8
70,165
5:j,860
648,517
7.5,786
88,616 3,':06,035 2,910,438
307,900
296,737 3,031,688 3,095,453
1.33.487
115,068
14,09.5
1.3,]558
53i,453
46!),82;l
139,200
132,159 3,77,S,149 3,557,263
72,261 8,004.278 2,507,967
24,469
81,121 1,0.36,416
934,252
115,682
117,945
776,818
6,51,139
24,190
25,610 1,361,681 1,039,9.0
3)1,594
393.9.7
•
has not kept up to the firmnees of
last week, and closes tc-day at
There is supposed to be a
107i,
81
@4.81X
80 @4.S1
.233^35.20
,
(francs)
2S
Swiss (francs)
5.18<li(d5.17>f
®5.20
5.18Xa5 17«
s.isxSs.iew
4oxa 4oS
22M®5.18K
89«®
Amsterdam (guilders)
Hamburg (reiciimarks)....
40J<
931^9 94X
«3X5 WA
98X8 94X
98X@ W/,
Frankfort (rcichmarks)
Bremen
3 days.
4.84 04. 8S
4. St 9A.WM,
S8X&4.83
88 @4 S2X
Paris (francs)
(reichra.9rk8)
Berlin (reichmarks)
New llttr*. CKT Baaks._The
tollowlOK statement BbOWB
the condition of the Associated Banks of New York City for the
week ending at the commencement of business on Dec. 16, 1876:
ATIBAes AMOUKT OF
Loans and
Legal
Ket
ClrenlaCapital. Discounts. Specie.
Tenders. Deposits.
BiHKS.
tiOD.
(8,000,000
t9.3'16.30C •:<,<.-'5.'.00 •l.<17,80(l |l(l.4li.9(X
|M,0«0
New York
»
"
Manhattan
Co
2,050.000
~
8,000,000
2,000,001
1,800,000
8,000,000
1,800,000
1/180,000
1,000,300
'
Merchants'
Mechanics'
Onion
America
Phmnlx.
City
Tradesmen's
Fulton
Chemical
Merchants' Exch...
aallatln. National..
1,500,000
Butchers'&Drovers*
Mechanics & Traders
Sreenwlch
Leather Manut
Seventh Ward....
State of N. York..
American Eich'ge.
500,000
600,000
200.000
600,000
300,000
SOOJXia
5,000,000
10,000,000
1,000,000
1,000,000
422.700
8,000,000
450,000
412,500
1.000,000
1,000,000
5C0.00U
1,000,000
600.0CO
1, 000.000
1,000,000
1,000.000
.
Commerce
Broadway
Pacific
Kepubllc
Chatham.
People's
Sorth America
Hanover
Irving
Metropolitan
Citizens
Nassau
Market
Slcholaa
Shoe and Leather.
St.
Corn Exchange
1,000,1100
1,(100,000
Continental
1,500,000
Oriental
Marine
Importers'^ Trad'rs
Park
Mech. Bank's Asso.
Grocers'
•JorthUlver
Sast River
Manufact'rs'A Mer,
Fourth National
Central National...
Second National.
Ninth National. ...
First National
Third National
N.r.Natiocil Exch.
Tenth National
Bowery National ..
.
ToUl
.
1,77S,.'«:0
233,7(0
123.700
775,500
SM,000
l.lOl.WX)
4il,000
3'jo,000
2SI..'O0
1,21».«00
9,167,300
46:1.500
3,077.0'.iO
3(2,300
290.1 W)
2,259,100
1.206,000
26,5',H)
iso.eoo
1,021,8.10
U«,500
409.700
30S,5'J0
h5300
143,900
117.200
705.000
1, 73? ,-00
696,200
2.532.300
908.500
;.' 14,100
:23,0no
1.3«,100
181.900
25l,7ai
30.100
3W1.SO0
2.076.300
3,151.800
3.0.0,000
1.S90.200
2.435.900
3,0J0,eC0
285.800
2,715.3X
;.32,200
IS'i.SOO
2,052,JU)
2.4J'.4C0
677,800
16.6.0
109.5yc
r.'3,!100
3.2(i9,300
1, 6«,000
2,'il9.000
16.10J
1.471,ll!0
71,101!
27,60(1
2, '.35,000
270,300
1S3,3jO
201,100
r. 9.600
2.262,310
4.186.500
2.S21.70O
3.S9',700
5JS100
7 J96.9C0
3.097.1UO
2-8,!i00
13,060.000
1.535.500
2.2C1.0JC
350,000
354 608
l<i0,C00
77f,'iOO
81.901'
419,IW
5,0(0
1,500,000
2,000,000
15,:5tl.3lO
!0,S:W.70li
1.1 s.eio
t71,IX)0
972.S00
7iO.I00
;8.3(0
5,110
15,400
24^,200
2:6.6
3.381.200
2,475 liJC
185,310
140,3JO
1O7.V0C
167,9J0
110,700
500,000
800,000
400,000
350,000
300.000
!.|.U0.700
70i.5
297 .700
1.1,600
5^0,001.
15,777,3;H)
756.200
161,300
2,299,81-1.
1,137 4
7.395,000
1,591,000
:21,6-'0
500,000
1,000,000
500,000
510,000
5.084.500
f, 159,910
Mi'-'.sro
671.800
1,7-4,100
11,100
40,900
5,000
1,«7.10C
i.rji,oto
1.201,300
1,000,000
1,000.000
1,333,000
461.000
710,7(0
1,360,400
2C4,400
2a5.<(;o
222.0M
31
2.000
2,4n.9JJ
S9S,7iO
S10,7'-10
1,;73.JU0
I..900
3il,llO
Loans.
Bee. 9.,.
Dec. U...
L'56
6310>0
231.147 2)0
90,000
18.(00
183.810
3,9«)
192,300
501,300
670.000
4jjeo
S.Si.S.iVfl
!.0.6,6,.a
3C61.100
1.97,800
227'.icu
1,1>86,8<X)
16.012,700
13,292 ,30C
308.200
n'',4.a
6 12,4 JO
673.9to
579.6U0
361.3.0
12 O*-.' OC
6.052,00?
1.7i9.00O
4 S17,Sl'0
5.531,900
5 031,1(0
S!4.000
62,«0«
1,3M.U0U
06
AW
!97.«0
w.oce
49 .400
90,000
430,000
225,000
190,000
1,078.100
817,000
i.r.s.oio
2,SS0J)00
l,Sc6,l00
week are as
I
The following
29s',6Cia
l26.t47.20C (S6,532.1)0 J'2r6,5.1 300 $15,121,100
f7tf.435.200 1254,117 2
Inc.
Ino.
5,500
2,177,800
2.215.500
1.9B1.000
deviations from the returns of the previous
follows
Die. »2.33'.80O Net Deposits
Loans
The
Specie..
Legal Tenders
«b6'.666
274,51)0
1,372,900
I,flS,lCO
1,203 .foe
82!,^0
5,150,70('
45.014)
316WI
2,687.300
MXI.OQO
4S,0I»
217,1100
1.613.500
300,000
449.300
475.900
109.000
195.700
2.701
254.500
36aS0O
7.641,5,0
2.050,100
2 0.3.6^0
1,3<;5,10C
I,500,CCC
67«,i«l
330,100
265,^00
i69,9o0
213.600
567.000
300,000
400.000
1.800
i',166
258,001'
7,.'iS8.0(!O
70!. 700
197.3l,'0
2ii,ogp
i90,a]|
1,778.21)0
561,100
2,'>n,3C0
8.;6,600
9.SW
5.697,100
5,4:1,000
4.soi.i(e
2.772.100
7,8I3,50«
2,(20,000
3,618.700
1.810.300
7.6.300
3:C,330
4^7,900
51.000
l.srs.ooc
200,000
German American.
Dry Goods
642,100
541,200
l,5ts ;,«
SJ 1.000
11,5;0.'-W!
250,00 e
.
New VorkCo.Nat..
591,7U)
1.162.6W
6,«9.900
l.OSS.BM
19,"«1.«C0
4.794,200
Vmsm
. .
S.DSO.CttJ
7.283,100
1.919.200
S,163.U)0
5.374.000
3,1 9,90Q
1,511,000
9.4(8.910
3,561,100
3,973.900
1.447.000
1.679.700
781.700
2,914.700
988,700
1,353.700
600,000
300,000
1,000,000
Mercantile
Latest earnings reported
Fe. Jlonth
commercial. 7-16@J^; bank, \.
Quotations for foreign exchange are as follows:
4,('i3,300
Clrcnlation....
lac. {1,673,700
89,0C0
In(!.
155,3001
are the totals for a series of weeks past
Snecie.
Legal
Tenders.
22.9.3.100
26,917,210
36.373 900
36,-3; 4'JO
Clrcu-
Denoslts.
204.ffi0.90J
206 521 5J0
Aegregatn
lation.
Clearings.
15.C32.100
75.12., IJO
8»1,IM.3K
337.3:4,54»
«
.
December
1873
23,
:
1
.
Loans,
tTSO.iOU
Atlantic
i.soo,o;o
Blackntuue
iJiOO.OM
4.109.400
43,J'M
BMtOO
1,1)00.000
lOO.OOl'
•i.iii.iOO
17.WJ
813.300
76.700
87,100
47.l)t0
200,000
SOO.OOO
1,000.000
1,000,00)
2,000.000
400,000
4U.O0O
Itoylaton
Broadway
Central
•.
Colnmblon
Continental
Knot
Everett
Kaneull Hall
Froenian'8
S.IOO.WJ
2,542,700
B09.000
^JiS.lOO
2.:i.12.;0O
150.000
Howard
1.000,000
1.771.900
2.;9J.«00
5G0.C00
800.000
800.0CO
4l«).0J0
•iMi.m
Market
Mount Vernon
1 ,00i>,000
State
8.000 000
SuBolk
1,500.00!)
Traders'
Troinonl
600.000
2.C0.i,C00
'iSO.OOO
Washington
Flrat
1,000.000
1,600.000
300.000
aoo.ooo
Second
Third
Fourth
Bankol Commerce
Bankof N.America....
Bank of Redemption...
Bank of 'he «fpubllc.
Commonwealth
Security
1.000.000
1,000,000
I.SOO.000
500.000
1,000.000
1,000.00)
1,000.000
1.500.000
2,000.000
200.000
Union
Webster
1.500,000
.
City
Eagle
Bxrhange
Hide and Leather
Bevcre
Total
577.W
5«,700
785.10C
20J.900
1,IS';,800
604. 100
512.000
S)7,2J0
231.900
S£.100
2'23.9o:j
l.oS'.SOa
443.2(J0
1.168.61)0
8.501)
i.:c4,;oo
2,013,100
81.300
S6.100
32.500
19.710
94.800
«2.1C0
2>J,7(0
ice.soo
35.300
695.900
51.000
23.700
5J.3O0
748.S00
690.500
5.113.100
2.3iO.70O
5.019.900
3.2r2.00O
a.8!7,500
1,S32.600
l.«\900
6.531.W0
3.SIS.300
4,H5.<100
932. «XI
2,6i),J0C
!,215,300
l,C0O.O.fl
76^500
7«0.«00
729.700
1.18S.;i
32i).'00
2.000X00
82>.'20a
596.^00
S01.5'JO
1.177.11)0
i.wi.too
1,000.000
<53.4')a
710.500
766.100
91,20J
».5s;.ooo
660.000
1S7.100
•i.VO.iu)
3,121.500
l.«13.)00
i.fOl.JOO
3.731.900
3,73;.9oo
3.253.000
1.3S3.500
3.269.300
1.617.200
3,512.100
4.273.600
MO.OOO
l.WO
159^10
425,20)
523.900
972.300
513.900
163.000
'2,Ji3,!00
213.'<00
900.000
Kngland
North
Old Boston
Shawniut
Shoe an d Leather
23,6'JO
* 133.500
13.W
S.OOO.ncHi
S(0,000
2IX,C00
1 OOJ.OjO
I.OOO.COO
New
70.300
lo.sno
1.061500
l.tfJO-OOO
Maasichusetti
Maverick
Merchandise
Morohaots'
Metropolitan
B.900
1,980,300
3.163.00Q
OlolM
Hamilton
Mannfactarere'
».o6o
46,100
lOl.iOO
2.131.W0
1.CI00.00J
14,000
31.900
45,r«)
60.:oo
32.900
"S.tCO
tSO.HOO
7I,S00
I79.0(X)
O.lOO
770.10,1
1B.700
911.900
7S1.100
142,lu0
795.t'00
61. too
Bi;.600
1.069,000
1,421.4(1(3
4S(i,700
898,600
133,800
45,000
Minohlll
ll,O0l'
2,l»'<,i00
9I)2.U'0
418,800
575.400
331,' 0'
Nesqneboning Valley
Norrlstown
North Pt-nnsylvanla
(7.500
9I9.;00
1,711 lOu
153.800
193.800
215.100
331.400
1,51) -',500
290.300
142.300
2IS.O00
185.000
19.100
16.100
326.900
30.900
40,900
7.500
17.700
68.300
29 1. -200
no.ioo
199.i00
473.600
71.700
10.100
421.300
107.400
3.100
45.200
928.200
6.019.3JO
379.000
52.7110
l!9,500
175.300
201.300
252.900
88.100
86.000
16,U00
1.500.700
l.ir2.100
T3i.000
2.139.500
602,300
8U,6(iO
937.KIO
15,000
270,C00
2,13(.-.'Oi1
7.54,7
801.500
2.13!.7CO
768.600
856,700
452,800
3«.60e
493.200
I73.WIC
513,100
365,300
Tlie deviations from last week's returns are as follows:
Loans
Decrease. $l.'93.ii00 Deposits
Decrease. |I,7I3. 10
'
Speole
Increase.
L. Tender Notes..,, Decreise,
Tbe following
Date.
Dec. 4
Dec.
Deo.
11
18
Ctrcu'atlon
610.900
501.500
Increase.
115.000
I
are the totals for a series of weeks past
Boecle. LesaiTenders. Deposits. Clrcnlation.
ijoans.
13?,750.9O0
ISI.SIl.roO
132,717.700
1.«6;.200
3,181,900
7.'0!,COO
7.296.400
2.05-',600
2.663,5110
22.'W.700
2^212.600
n,.il.H<0
53,'i96,600
5J,<2I,S«0
55.71.9.400
Banks— The
Pbiladelplila
following is the average condition of the Philadelphia National Banks for the week preceding
Monday, Dec. 18, 1876:
Banks.
Capita).
L'lans.
iLibOoiKXi
Philadelphia
North Ainerlci...
1.000.000
Farmeri.' and Mechanics' L',000.000
Commercial
810000
Mechanics'
Bank
1.5.931.000 »f30.000
"-""••
5,-0,',000
95,000
6.111.300 33J.300
2,571.000
80.00J
1.;S9.'00
43,500
800.000
tOO.OOi
of N. Liberties
Total net
Specie. L. Tender. Tieposlts.
|1. 1-0,000
"•
—
•
l,3'JI,lC0
l.SlS.fiOO
IK .000
2\3..50l
Circulation.
|l.5t0.000
4,226.000
» 720.000
e.OOI.iiOO
1,000.000
6i5.000
170.«50
397.000
131.013
79 .000
I.63«.0OO
1.230.O0O
2.210.000
1.432,361
63l,i!l
2"000C
l,4»i,U9
13.(S!
250.000
500.000
iOO.OOO
S26.'»;
1,3S4.J35
13.'
00
503,000
510.S0J
214.010
13 000
2.8.031)
1.1.23.763
212.-16i)
;.45:V2t8
77,i»l
6,15.«2S
2.66S.576
Manufaclnrers-
l.OOi.OOO
2.673.i(H)
Bank
1.905.C0'J
iSCOUO
ifiuoom
459.000
223.176
955.000
217.0(0
211.436
423 .531
204.000
213.170
535.000
Southwark
Kensington
Penn
Western
of
Commerce
(Jlrard
Tradesneii'e
Consolluation
•J,677,00t/
7'27.623
200.000
:00.(00
400.000
2tO,000
500,000
City
Commonwealth...
Corn Kxohanue
Union
3,900,000
1,171,000
1.1-6.137
5.666
11.000
41.1*0
23,397
1.6SI,«9
831
758.000
2.035.000
rooooo
'.5I80UI
I.OOO.OOO
<,50J.00(i
13.777
2<.000
83.(«l
Third
300000
97-1,0(10
5.0.10
Sixth
ISO.'OO
260,000
719,000
Flrat
Seventh
Klghlh
25.000
Central
BanK of Kepnbilc
Security
Centennial
Total
The
791. OOO
1,141.000
4.315.000
1,S16.000
'250.000
7'2».0O0
300,000
1,178.000
16,395,000
6i,607,iJ7
!4.69).90»
deviations from the returnsof previous
i^ans
Inc.
Specie
Legal-Tende- Notes
In-:.
Dm.
The following
Date.
Dec.
Dec. II
Dee. 18
I
2.'a,(60
581,000
516 000
90.000
792,000
353,000
135.C00
2;9,5V0
1.015.000
'207.133
3.16).ao
i.tttooo
520.000
540.000
169.000
180,000
557.000
l,C6i,000
52.110,691
10,133,263
weekare as follows:
Denosl's
circulation
Dc;.ll,141.012
Dec.
3.273
l.'BMlsl
are the totals for a series of weeks past:
Loans.
Soecle. LoiralTenders. DenoHlta. Clrcnlat'n
C!.ili5.032
62,590,-289
I
1:6,968
63.;06
boH,iOO
2.1,3,000
1.17:1.000
so.ooo
18,000
8,(0n
9!-2.8l9
822.' 53
1,'I70,506
4.013.000
931,000
l.COO
150.225
56;.OO0
1MI,,«)
270 000
S27,3i7
213.000
l.(e5.(;oo
33(1.000
36,000
750.000
700.000
6.7.816
3,-52.000
1,:67.00C
313,000
111.000
136.000
8J3.000
671.000
150.(00
201.000
281,000
222.i:00
6i.601.251
829.170
91»,7I3
932,si9
19.416.390
65.6 6.691
I6.6s0.2'27
11.6J<.!i09
5.3.s54,703
5!.r.0.8»l
1C07I.137
10.186541
10 133268
BUSTUW. PfllUBELPHIA
BBOURETIRS.
AND OTHER
BKCUBITiaS.
BOSTON.
Boston
Boston
Boston
Boston
MalneSs
Hew Hampshire, 6s
Veroiont 6s
Massachusetts Ss. Qoli
Boston 6s, Currency
do 5s,gald
Chloago Sewerage 7s
do
Municipal 7s
BTOCK8.
Albany Stock
Lowell stock
4
A Maine
A Providence
A
Burlington i& Mo. In Nebraska
(Cheshire preferred
Chlcaio, Bur.
(Jin.,
& Quincy
Sandusky
Portland 6s
Atcb.ft Topekalst m.7s
Sastorn (Mass.)
96i<
do
land gt. 78
2X t3 Kastern (New Hampshire) ....
do
2d 7s. ..
51
Fltchhurg
51
_
do
land Inc. 12b.. 103
103X Vfanchester A Lawrence
Boston & Alliany 7s
NashnaA Lowell
Boston & Maine 7«
New York & New Kngland ...
Burlington & Mo, Neb. 8s, 1394k
10«V Sorthern ol New Hampshire..
do
do Neb- 8s, 188
Norwich A Worcester
Kastero. Mass.. 7s, Id
Offdens. A L. Charaplain
Hartford & Krifl 7i', new. ....
do
do
pret, ,,
Ozdensburgdt LaketJb.bs
iJSdColony
Old Col.* Newport Bds, 7, 'T3
fort,,3aco A Portamouth
Katland,n6w 78
Kntland common
Verm'tCen.,lstM.,oon«.,7,'8«
do preferred
<
.
aid.
Vermont A Canada
VtroiOnt A Massachusetts
Worcester A Nashua
Ask
J.. IIIK
lll)t
do
Delaware
7s,
6s,
Harrlsbarg City
6s,
do
Wash. Branch. .110
do
Parkersburg Br. 6C "i
Northern Central
".«
Western Maryland
SO
CentraKihlo
H u
....
...
....
W
....
aii.BOaD STOOKB.
Camden A Atlantic
do
do
Catawlssa
do
do
Pittsburgh
to
43
pref
36
31
New
Delaware
pref
A Bound Brook
101
ulmlraA Wllllamsport
do
Hnntlngdon
do
Ohio ta.iesO.J.A
do
pref..
A Broad Top
do
..
Lehigh Valley
61
»8M
Penisyivanla
Pdlladelphla A Erie
PniladclphlaA Reading
48
52
lOU
43J<
144|i
144r
19
20
&
Trenton
Pblladeliilila
Phlla., wilmlng.* Baltimore.
13351
Cnlted N. J. Companlea
109
O...
10.
do
do
do
iBtM., rsM, J.
A
J..
iirt.,(ga*T.yiJiJ.
M.. (pref.)
•2d
do 2dM.(gr.by w.<.o.)J.AJ.
do 6s. 3d M .(guar.) J.A J.
Mar.
A Cm. 7b, F. A
A., 1892.
.
2d.M.A N
Baltimore Qas. certificate*
People's Gas
do
west Chester cousoi. pret
West Jersey
12
X
81
9S>4
35"
115
123V
61
19
:35
31
U5H
5«
1S2.>..
'i'x
5X
10)
103
l('9
10!1
ICS
an ax
Certificates
WASmJiO'WO'i,
.
.
.
M
do
68
.
IS
'S
15X
lot"
9"
lOlX
g,'94
gold.
93
'r7
Morris, boat loan, rer., 1865..
PennBylvanla6s, 1910
Schuylkill Nav. 1st m.6s,'97..
do
2d m., 68.1907
do
m. 68.*95
6s. Imp. ,'30...
do
do 6s,bcatftcar.l913
do 7s.bnat Acar.1915
do
scrip
Susquehanna is, coap., 1913...
In default oHnterest.
M
55
.OOM
Dtstrict of Cotumbia.
SOX Perm, lmp.,M,g, .I.AJ, 1391.
7b, 1891
do
Morris
Market Stock bonds, 7b. Ifti.
do pref
Water Stock bonds 7b, 1901,..,
Navigation
Sehnylklll
Is, 1903...
lOX
pret
do
Wa^ltngton.
Ten year Bonds. 08. 1873
BAILBOAD BONI>S.
Fund. Loan (Cong ) 6 g, 1892..
Val. 7 3-lOs, 1896 .... IC4H
Allegheny
Fund. Loan (Leg). ts.g, 1902.,
*
7s E. fext..l910 90
do
Cers, of Stock f 1>28) 5s, at pleai
"
do Inc. 7send.'94,. 46
"
(I843)6s, at pleat
BelvtdereDelaware.lstm.6.77
Ches. A O. st'k ('47) 68. at pleas.
102
2d M. 68,'3!i
do
rto
Geors/etoicn.
99X General block. 8.1, 1881
Sd M.88,'87
do
do
Camden A Amhoy. 6s, '83.... 702 102
do
68. at pleasure.
X Bounty
6s, 89
do
Jo
stock. 6s,
do
do mort.6B,*89., 1I.9J4 109J1 Market slock, 68.
do
do
Cam. A Atlan. 1st m, 7s, g, 1903 UOX
Board of Public Works—
iOO
18811
2d
do7s,c.
do
Cera. Gen. Imp. 8b, 1871
Cam.JK Burlington Co, 6s, '97.
1875
do
loik
CatawisBa, new 7b. 1900
1876
do
Cayuga Lake Ist m g.7s, 1901 103" lOlH
1ST7
do
Connecting 68 1900-1904
1878
do
Dan.. H. A WllkB.lBt m,7e,'8T
Series.
do
D-laware mort. 6s, various.
CertiOcates.Sewer. 8b, 1871-77.
East Penn. 1st aiort .7s,'88
CertUlcate8.8e, 1877...
Water
Bl. A W'mspoit.lstm. 78. '80.
do 5s,perp
do
CINCINNATI.
Harrlsburg Ist mort. 6b, '83.... U5>,
t»7
Cincinnati 63
H.A B.T- let mort. 78, '90....
t'.06
7s
do
2d mort. 78, '95...
do
+ 110
7-30S
do
3d m. cons. 7b, 't5
do
South'nRK.
7.30s r 103
do
'90....
Ithaca A Athens g. 7b.
Ham. Cs. .Ohio 6 p. c. long bds. t>3
Junction Ist mort. 6b, 'S2-- ..
do 7 p.c.,1 to5yr8. tiuo
do
1900...
2d
do
do
do lKbds,7 A i.30< tl04
do
1R98,
6B,
cou..
Lehigh Valley,
Bridge siock. pref 105
Cov.
A
Cln.
107
X
do reg.1898,.
do
do
bonds, long, tJ3
do
do
7s. 1910 115), iissr
do
do
.01
»8>f Cln,,Ham, AD„lBtM., I, 80...
con. m. 6s 19-8 V8
do
do
2d M., 7, '85... 97
do
do
Llttle8chuylkm.lstM..7,lS77
tlOO
do
SdM.,3,77...
do
Northern PnclBc 7 3-IOj. 1900'.
70
Cin.. Ham.A lnd.7sgnar
103
North Penn. lstm,68,'85
84
Cln. A Indiana. 1st M.,7
109
2dm.7B,'96
do
do
2d
M.,7,
18TJ.. «5
do
chattel M. lOs 1877;
do
Colum,, A Xenla, 1st M,, 7, '90, :iv
do gen. M. 7s, coup., 1903; l6l>,
Dayton A Mich., 1st M.,7 81. 103
78
Oil creek ist m, 78, '82
2d M.,7, '84.. 96
do
do
109
PennAN.V-C-ARB7s.96-1906.{
3d M.,7, '88.. 95
do
do
Pennsylvania, Ist M., 6, 1880... 108 losx
M., 1831... tioo
•10
gen. m. 69 1910, conn 108 169" Dayton A West., Ist
1st M., 1905.. 87
do
do
103
68
1910
m.,
reg.,
do gen.
1st
M.,
do
6, 1905, 3IK
100
40
do cons.m. 6s,reg.. 1905 98
65
Ind „ Cln. A Laf., Ist M ..7
Perklomen 1st m.6s,'97
103'
(I.AC)lstM.,7,lS3ir 36
do
1C4"
68,
m.
'81
A
1st
Brie
Phlla.
93
6,1383
Miami,
Little
SO
97S
2dm. 7s. '88
do
25
101
Cln, Ham. A Dayton stock. ..
Philadelphia A Heading 6s, '80 113
105
Columbus A Xenla stock
do
7s, '93 101
do
41
stock....
AMIchlgan
Dayton
63
'93
deb. bonds,
do
do
8p. c.st'kgnai .13
do
K.m.7B.c. 1911 92X 95
do reg. 1911 92K 95 Little Miami stock
do
61
newconv.7s, '.893 60
do
IiOVISVILLE
do Coal A I.Co m..7s.'92-'3
t
Louisville 7s
Phlla.. Wllm. A Bait. 6% 1834..
Lottlsvine6s,'83to'87
Pltt.B., Cln A St Louis 7b, 1900.
t»7
6e,"»7to'98
do
Shamokln V. A Pottsv. 7b,190:.
t<7
watei
6B,'87to'89..
do
Steubenvllle A Indiana 7b. '84
Water Stock 6s, '97. t97
do
Stony C'-eeK. Ist m,. 78, 1907...
t?7
Wliarf68
do
SnnburvA Erie Ist m.7B,'77..
special tax 68 of •89, t97
do
UoltedN..!. ens. m. 68, 94..
Jeir., Mad A I,l8tM.(IAM)T, '81 81
Warren A F. Istm. Is, '96
69
do 2d 51. ,7,
do
Westchester cons. 78, '91. ...
do Ist M., 7, 1906.... W
do
West Jersey Ist m.6fl,'96
LonlsV.C. A Lex., 1st M.,7, "97.. 83
do
do 78,18*7....
LoulB-AFr'k-,lstM.,6,'TO-'7S..
Western Penn. RK. 6s. 1393....
Lonlsv.Loan,6.'81
do
do 63Pb'96
do
L.BsNaBb.lstM.(m.S.) 7. "77..
Wilm. A Koad.,lst M.,7.iaa0'.
do Lon, Loan (m. 8.16. '8f- '87 t37
do
do 2d Mort. 1MB'
do
(Leb.Br.)6.'38 t97
do
do lstM-(Leb.br.ex)7.'80-'85 tn
OAITAL BONDS.
do Lou.L'n(Leb.br.ez)6,'93 tsi
Delaware Division 6b. ^73
do Consol. 1st M.,7, 1398.... 92
.0114
Lehigh Navigation 6b, 'Ht
JelferBon.. Mad. A Ind
do
Kit. '97..., lOJJt
Lottlsr., CIn.A Lex.,prer
do
deb,Tt
do
common,
do
do
coav., *82
conv..
104
M
OJtlTAL STOOKB.
Delaware Division
Lehigh Navigation
do
KB
n
83
do
8s,8d,J.AJ
Unlen KB., 1st guar.. J A J
Canton endorsed..
do
MISCXLLAKBOOa.
H
IDS
ICl
1(3
1(9
do
47)4
J.... ir4K ICS
do
<B,19ao,A.*0.
do «B,toliJ,19W,J.AJ.
H«
Unie Schuylkill
A.*
Cen.Ohloil, Ist M.,I890,M.*S.
W. Md. 6b, 1st M.,(gr)'«0,J.* J.
10
49 H
pret.
(a, 1885.
tt.W.V».,tiU.ljcn»ryii,JMJ.
PItUb. A Conoenav. '>s,'«9, do
Northern Central (s. IMS, do
40K
East Pennsylvania
(
9
BAILBOAD R0.1D*.
Bait. A
10
prel
A Connellsvllle. 90
,
& Clev. stock.
Concord.
137X Connecticut Blver
Connecticut A Passumpalc, pf.
do 2l. Mort.,7. 1391.
Varmont * Can., new, 8a
Vermont * Mass.. 1 st M «.•««.
CITIES.
do
do
do
do
Camden CltySi
.
(JDOTATIO.NS Tm
A
J.
1887
do
do
a—
108.900
40.1503
1,')?2,000
Maryland (s, defence,
do
6b, exempt.
•s,I8W, quarterly...
Ss.Quarterly
do
<•, 10-19 1877-83
106H
118
Baltimore eB,l8ai.quarUrly... IIU
do
do
)9-a9. 'i«-<3 115
do
ts.IdM, J. A J
Philadelphia 6s, old, reglst'd. 106^ I07X
do
69, 18*0, qnarterly... lii'
6s, new
do
do
113X
do
es.Park.iato,
M. III
Allegheny Conutv Sa, conpon.
111
•B,18»3.H.* S.
do
rittsburR4i, 1913
do
«s,ezempt,'99,M.4kB
5s, 1913
do
lit"
do
(a, ItW, J. A J
6s. cold, various....
do
111
do
<e, 1M2,
do
7s,Watei Ln, yarlons
do
Norfolk IVatrr.Ss
7s, Street Imp,, '83-86
do
BAILBOAI>BTOCr 5. Far.
New Jersey 6s, Kiempu. var.
Bait. AOhlo-Stfck
IOO isik
Camrlen County 6a, varlooa....
bS.SOO
40.SOO
17,000
90,200
141.900
48,100
31.900
73.300
1J9.S00
65,000
BBOVBITIBB.
BALTiraOBB.
ITATS AHD OITT BOXD*.
36.1(10
II'.OOO
Ask
PHIIiADBIiPHIA.
US.TOO
802.7t'0
Bid.
PennsylvanlaSs, gold. Int. var
do
do cur. var...
ISO.OuO
45,000
49.000
355.300
179.500
1,698.600
46,500
111,200
677,800
412 6,0
213.700
316,900
SOO.CUO
1,133 S(.«l
61f.9l«
173.500
814,100
385.000
513,500
1.868,200
51,850.000 :31.7l7.W0 2,663,500 7,295,100 55,709,100 22,'^I7,«0U
"due to other banks." as per siatement of, Dec. 13.1s $2\'!6S,iiO.
The total amonnt
•ocaiTia*.
Clrcul.
Speole. L.T. Notes. Deposits.
(II7.2U0
*3.300
« 1 12 .9 JO
"
1,101,H)0
«,»uo
121.100
AtiM
61
BOSTON, PHILADKIiPHIA, Bte.-Contlaae«.
—
Capital
XHT
..
THE GHBONIGLE.
J
BoDton Uanks. Below we givo a statement of the Boston
National Banks, as returned to the Clearing House on Monday,
Deo. 18. 1876:
Banlu.
.
Louisville
H
Nashville
3t
LoulsCo.newParkg.
At
Ik
c'y, 7s
6s..t 116
t 15
Pacific gnar. land grant,
ilo
t
**
99
UU
100
9e
101
»3.S
79
90
90
100
99
99
ts
95
*5
95
to
104
100
lOK
lis
1C5
98
1(5
108
110
97
103
7!
87
70
103
105
98
90"
83
TO
«x
27
•8
43
109
t6
l(i2
»H
»7X
»7X
I'lH
97H
»7X
»
•Ot<
96
90
«X
l!H
97X
97H
«
3
•»
ST. LOUIS.
6s. Long Bonds
t
t IMX
to
Water 6s gold
do
do (new).t 103
do
do Bridge Approach g.6»t' 1(>4H
do Renewal gold 6s
t 101
do Sewer ft.64 (dBC'9I-2-3/t ICIX
Louis
do
'
A
IK
And
U
N.
interest.
10
IS
1C3<<
K«X
106X
..
. .
. ...
..
,..
.
.
.
...
..
.
.
.
TEE CHRONICLE
H18
..
. .
[December
.
23, 1876.
GENERAL QUOTATIONS OF STOCKS AND BONDS IN NEW YORK.
Bond* and
U. B.
on a previous page.
active Railroad Stocks are guoted
sKmBims.
Bid. A>k.
8ECVBITIE8.
SKCCRITIKB.
Boston Hartf A Brie, Ist mort
guar ..
do
do
Bar. C. Rapids AMInn. ,1st 7s,g
Chesapeake A Ohio 6b, IbI m.
do
ex coup
Chicago A Alton sinking fund,
83M
ss, 1883.
is, 18M
do
do
do
do
do
do
do
tB.'.fm
8«, 18S8
8a,
88, AIn.
M.AE. RR..
&Cb.U
do
do
ft Wabaah»eoulp*t bonds.
*ln
con. COD vert...
HAnnlbal & Naples, Ist mort
Great WcBtcrn, ist in., 1888. 100
do
.
2d mort,, 1893
Quincy & Toledo, let m.. '90..
Illtuof'^ & So. iowa, Ist mort
Lafayette lil'n & Mls«., let in
Han. & Cent. Missouri, Istm
Pekfn Llnc'ln A Dcc'fr.Istm
Boston A N. T. Air Line, Ist m
CIn. Lafayette & Chfc, Ist m,
Ft. S. IM
7s, L. K.
7b, Memphis ft L.U.
7b, L. K.P. B.
do
7b,
a
.
do
K. K.
Central of N.
78, DOW bonds
78, endorsed. ...
7b, gold bonds...
Illinois <B, coupon, 18TI. .
1&79...
do
do
do
do
do
do
do
do
do
new
Missouri
do
do
..
Asrlum or
&
Ban.
1(2!),,
lln.,due
due
do
St. Jos.,
do
.
.
Winona A
18dJ.
1886.
1837.
do
do
.
6s,
6s.
ts,
6b,
6a,
68,
mu
1
.
do loan... 1883....
do do .1891
1892
do do
do do .1893....
li>S
.
ISiU
Sortb CaroHna6s.old, J. A J
A.A O
do
16«
J.& J...,
..A.&O...
68
40
40
9
9
7
7
..
do
do coap. off, J. & J.
do do off, A. & O
Fondlng act, 1866
1868
do
bonds, J. &J
A.
New
&0
do
Special tax. Class 1
Class
do
Class 3
do
Olllo<8,1881
^'
,
Jan.
2
2
do
2d div.
Minn., 1st mort.
ludlanap. Bl. A W., 1st mort..
2d mort.
do
do
do
Cedar F.
July
Aprll&Oot
Funding act,
LandC,
ISsg,
1889,
Land C,
J.& J
A.
&
O...,
780f 1688
Non-foudable bondB
Tenneusee 68, old
do
do
6b,
6s,
an
40
!86li
new
new
..
6s, old
6e, new
bonds,
do
Is,
1^66
1867
6»)i
small..
registered
Railroad Stocks.
Chicago & Alton
pref
do
Chic. Bur. * Qnfncy
Cleve. Col. Cln.4 r.
113
3«
A
PlttBburg, guar..
Dubuque A Bloux City.
Erie pref
ludlanap. CIn. A Lot
Jollet A Chicago
103
St. L.
St. L.
107
,
108
,
99
t 109
93
93
'65
105
t 104
109
110
104
Water 7fl
Poughkeepsle Water.
Rochester City Water bd3.,'93t
.,..'
Toledo 7.308.
Yonkera Water, due 19?3
t
107
RAILROADS.
Atchison & P. Peak, 6', gold..
AllHntIc A Pacific L. G. 6«, gid
Alchlson A Nebraska, 3 p. c.
13
20
104
109
100
uo
do
Col.
A Hock V.
do
do
Of)
Sontbem
9a
100
Warren
do
do
niacel'ons Stocks.
Cleve.
.
.
Cent.N. J.Land A Im. Co.
Delaware A Hudson Can'l 'ion
71
Aioerlcan Goal
CoDSolldat'n C oal of Md.
«0
40
Mariposa L. A M. Co
do
do
pref.
Cumberland Coal A uoa
Maryland Coal
Pennsylvania Coal ...i...
Springs Mountain Coftl.,..
Railroad Bonds.
(SUxk Bxcknnie lYUa)
AHjasy * Basq., let bondt
3S
112
;d
du 101
3d
do
1st cons, guar.
A
3d
m
.
.
Pitts., consol., s.f.
do
28
2dm..
do
do
102
86
5
20
Ist 7b,
Ist 7s,
2d
Alabama new consols.
do
do
Og.,con.
109
do
no«
do
93X
Houston
do
do
Belleville
Tol. Peoria
Savannah
do
.
do
W.I)..
do Bur. DIv.
do 2d mort..
do consol. 7e
Tul. A Wabash, Ist m. extend
do
iBtm.SLL. dIv,
do
2d mort.
.
A
J.&J.
J.&J.
J.&J.
J.&J.
M
08
108
109
108
to;
103
U5«
114
I03'4
109
iboVi
80
LIO
67
1
mi
13
funded
60
9J
1C6
70
65
Lake Sup. A Miss,
Leav.Law. A Gal.
g. 78.
ist 7s,
gold.
37
t«7H
35
50
43
59
44
47
55
.VIontlccllo
Montclair
I
Memphis
&
guar
Charleston
1st 78..
do
do
31
25
46
36
90
60
32
80
76
,H.H
48
36
7(1
90
95
1IIV
77
75
80
UV
4
6
10
211
4li
66
TO
70
m
29
35
IW
42
7»
'is
r5
2.1
3,5
76
75
U2
IV>
9ft
lUS
70
36
.S
KK
7ft
2d
7b.
711
70
78
48
.
ft
Little Rock ist m.
Mlssufiippl Central 1st
78 .
HO
78
&
m
.
..
54
P. 1st 88.
9(1
2d m. 08
Montgomery A West
Mont. & Eufaula let 8b, g., end
Mobile & Olilo sterling
do
do ex certlf
do
do
m
A Petereburg 1st m. 8s
do
do
20
36
36
S.
C,
31
.18
9ft
71
8(1
90
H»
79
7>2
86
94
75
90
m.
i
& Poto. 68..
do conv. 78
Ist consol. 6b..,
SouthwestRR., Ga., 1st m....
S. Carolina RR. Ut m. ".s,
do
68.
do
& Danv.
new
,
78
do
do
stock
West Alabama 2d m. 8s, guar.,
do
1st m.
,
fc's
PAST DUE COUPONS.
70
88
.W
18
23
81
62
96
2dm. 88 60
Ist
Orange &
do
2d8,6e..
8d8,88..
do
4tU8,83.
do
Richm'd & Tetersb'g Ut m. 78.
Rich. Fre'ksb'g
42
4U
92
Hi
80
HH
80
Tft
2d m. E
Alexandria, Ists, 68.
Rich.
94
38
33
16
do
m^
96
85
1(1
25
8s, Interest
2d mort. 8b
N. Orleans & Jacks. Ist
do
certifs 8a.
Nashville & Chattanooga 68.
Norfolk
10
26
9H
39
72
stock..
Norlheastem,
& P. Jcrvis 7b, gld,
AG. L. at ;»
do 2d m. 7s (old Mont. Ists)
Mo. K. ATex.l.gr. 7sas8>nted
do
arlm. iuC'mc..,
Mo. R. Ft. S. A Gulf Istm. 108.
• Price nominal.
t And accrued Interesb
Col. 78,
I
35
1st m., lOs.,
8s, gld.
92
&
do
78. certir
'Macon & Brunswick end. >b
{Macon & Augusta beads.. ...
do
endorsed
do
stock
do
Int. 8s
m.
1st
78
85
84
63
76
stock...
I
Memphis
pref. stock...
Shore RR.
do
Greenville
80
Keokuk A DCS Moines Ut 7b.
Logans. Craw. A S. W.
Michigan Air Line 8b
50
30
SO
do
Georgia RK. 78
do
stock
.
70
tiO
88
80
H
Kal. Allcghan. A G. R. 8s, gr.
05
Kansas City A Cameron IPs .. t95
Kan. C. St. Jo. and C.B. 880f '8
do
do
8i0f'98
80
.
Darlington ds ..
East Tenn. & Georgia 6s...
Easi Tcun &, V».
end. Tenn
E. Tenn. Va. & Ga. Ist m. 78
7s, 1876, laud grant
7b, Leaven, br'nch
7(1
1
&
Cheraw
83
do
do
stock
do guar.
Carolina Central 1st m. 68, g.
Central Georgia cousol. m. 7
do
stock
Charlotte Col. & A. 1st M. 7s
do
stock
do
Charleston & Savannah 68, end
Savannah & Char. Ist M. 78....
7«« 77
do
Incomes, No. 11..
do
do
No. 16..
do
Stock
..
Kalamazoo A South H. 8s, gr.
&
do
do
75
JuneA
"fcD(
6b, do Feb. A Aug
67
gold \ coup
gold} on.
6s,
88,
.
Loul878
68,gld,
\^
IW
RAILROADS.
37>4
.
H.A G.N.
as
50
49
90
7(1
new
Chatt. Ist m. 88, end..
Ala.& Teun. Riv. Ist mort 78.
do
2d mort. "is ..
Atlantic & Gulf, consol
do
end. Savan'h.
I
St.
old
do
Ala.
int.
do
do
do
.
A S. Ill.R. Ist m. es
A Warsaw, E. D.
m
i
78,
76,
Wilm'ton, N.C.,
75
38
10
st
. t. .
88
1st 78, gold..
conv, Bs
lOOJi Jackson Lans. A Sag. 8s of 85
fc2
Kansas Pads extension, gold
do
78, land grant, girf
do
do new, gld
.,
'^d
do
do
do
do
pension, 1894..
108,
33
B 40
Atlanta, Ga., Ts
102>t
Gt, North. 1st T8,g,
International ^Texas) :stg
L. Ont.
..
Texas C.
ludlanapollsA
'94
!03
ist
mort., pref.
2d mort. inc'me
A
"si
.
St. L.
do
do
A
2d m..
Alton A T. H.—
Alton AT. B.,lBt mort
78, gold, 1904-19.0.
7s, gold, 1892
10s, 1881..
do
102
109
do
consol. bds,.' 70
92X Indlanap. A VIncen. Ist 7s, gr.. 77
Iowa Falls A Sioux C. l8t 78.
85
92
A Iron Mountain, 1st m.
do
Class
Class
South Carolina new consol. 6s.
Texas 9b, 1892
M.48.
78, 20 years..
I
ice
mort
109
Col. Chic. A-Ind. C, IBt mort 37^ 311
do
do
12
2d mort
St. L.
58
iin
.
.
4Lh
Rpme Watert'n A
iiO
Securities,
STATES.
,
Sinking tund...
do
Atlantic A Pacific land gr. m "-'6
South Fac. KB. bds. of Mo
Pacific R. of Mo., iBt mort..
8B
do
2d mort
do
Income, 7b.
do
IstCarou'tB
Penn. RRPittB. Ft. W. A Chic, iBtm.
120
.
.
.
1r
{Brokers^ Quotaiions.)
"96
110
112
105
106
io
40
so years, t98
95
It) years.
Grand River Valley 88,
.
66
OITIBS.
do
78, equip...
Evansvllle Hen. A Nasliv. is,
Evansvllle, T. U. A Chic. 7s. g.
KlIutPereM. 7s, Laud grant...!
Fort W., Jackson A Sag, 83 ... '50
Grand K. A Ind. Isl Is, gu«r.
88
do
1st L. G. :8...'104
do
IstexL. G. 7b 60
Houa.
.
Louis Alton A T. H ..
do
do
pref.
Tcrre Uante A lod'pollB
Toledo Peoria A Warsaw.
Toledo Wab. A W., pref.
.
UU
46>«
bonds
do San Joaquin branch
do Cal. A Oregon 1st
do State Aid bonds. ..
do Laud Grant bonds.
Western Pacific bonds.
75
& So'eastern Ist 7s, gold.
& I. Mt. (Ark. Br.) is, g.
_
110
35
.
109
.
2d do
IstSprlng. dIv.
100
guar
2d,
West WlscoiiHln 78, gold
Wlsconsiu Valley 86
__
Mercant. Trust real eet.mort.7s
107
107« 109
68
1*0
T. H. Ut.
Unlon & Logansport 78
Union Pacinc, So. branch. 68,g
Walkdl Valley Ist 7b, gold
105H
,
Chesapeake A 0.2d m., gold 7s
Chicago Clinton A Dub. 8s
109
Chic. & Can. South IBtm. g. 7b.
10S>a Ch.D. A"V..l. div., Istm. g. 78.
Chic. Danv. A Vincen's 7b, gld
90'
lOii
Union Pacific, 1st mort. b'ds 106 Ji
Land grants, 78. lOOH
do
St.
Am. District Telegraph
Canton Co„ Baltluiore.
ni., s.f., 188;
.
WH
113
Saratoga
2d
&
n\ii Southern Central of N. V.
100
105>i 107
Amencan Central 88 ...
Chic. A S'thwestern 7s, guar..
10894
10H>2
,
Ch.. guar.. 100
do
special.
Rome A Watertown
7b,
Louis Vandalia
do
..
Istm., reg.. 110« 118H
do
do
45
W. A
do
do
d9
St.
.
119
Harlem, Ist more. 7s, coup.
do
do
7s, reg
North Missouri, Ist mort
"m*
Ohio A Miss., cuDsoI. sink. fd.
40
79
do
consolidated
aoH
Missouri KaoBas A Texas.
New Jersey Bouthern
N. T. New Haven A Hart.
Ohio A MlBBles'pnl, pref
A
due
do
88..
78
C. Bl. Ist mort. 108...
do
do
8 p. c.
Sandusky Mans. & Newark 78.
Cleveland in...
Detroit Water Works 78
Elltabeth City, due 'iS
Hartford
17
M
'|
106
bds. 107
Pacific RailroadsCentral Pacific gold
A
Rensselaer
do
&
St. Jo.
reg,.
MlsceIlanGoa« Idst*
do
do
do
do
I
Long iBlflDd
Esflex
lilorrls
do
do
Cons. coup.. Ist. 107 lOTH Connecticut Valley 78
Cong, reg., Ist.
Connecticut Western 1st 7s...
103H
Cons, coup., 2d.. 94
ChlcMro A Mich. Lake Shore
Cons, reg., 2d
Dan. Orb. HI. & P. Ist m. 78, g.
Marietta A CIn. Ist mort.
..
Des Moines & Ft. Dodge 1st 78.
102
Mich. Cent., cousol. 76, I9ftj ..
Det. Hllhdale A In, RR, 88
1st m, 8s, 882, B.f. 113J4
do
Detroit A Bav City 8b, guar. "t
equinment bonds.
do
Det. Laos. A Lake M. Ist m. (is
New Jersey Southern 1st m. 78
do
2dm.&a
do
cousol. 78
do
Dutchess A Columbia 78
'OH
U)3'A
N. y. Central 6s, 18S.1
Denver Pacific 7s, gold
103
do
6b, 1S87
Denver A Rio Orande Ts, gold.
6b, real estate.,
do
£vaoBville A Crawf ordsv., 78.
do
68, Eubscriptlon.
Erie A Pittsburgh Ipt 7s
do A Hudson, let m., coup 120 I20H
do
2d 7b
.
Pitts. Ft.
do
Lake Shore DIv. bonds
Hudson R.
78
85
.
Sioux City & Paoinc68.,
Southern Minn, construe.
m
A Erie, new bonds.. 106
108
A State Line 7s
Kalamazoo A W. Pigeon, 'st
Dct. Mon. A Tol.,!st 7s, 1906. i&ia
81
U9
lOM
78
\r
I
.
6
(AcUvepreci^usly quot'd.)
Albany & Susquehanna...
Central Paclfto
Clere.
—
.
6b, ex iniitured coup. ..
6s, consol., ^d eerlee
68, deferred bonds
District of Columbia 3.65b
100
Peoria Pekin A J. Ist mort.,..
Peoria & llock 1. 78, gold
Port Huron A L. M. 7b, g. end.
I03X Pttllman Palace Car Co. stock
.
6e,conBOI. bonds
do
do
new
do
Oswego & Komc7s,guar
.
Buffalo
Buffalo
41Jv
4»J«
Vlrglnla-
102
100
.
do
40
SS
2
series..
ib'i'H
'
Mich. So. 7 p. c. 2d mort
Mich S. A N. Ind., 8.F., 7 p.c.
Cleve. A To!, sinking fund
new bonds
do
Cleve. P'vllle A Ash., old bds
....
.
&
Lake Shore—
111
..
&
84
102
100
110
. .
Soutb Carolina—
68..
95
.
in
6b
108
.
Dubuque A Slonx Clty.lstm.
2d 7s, conv.
North.Pac. iBtm.gld.TS-IO'..
Omaha & Southwestern RR. ds
73
85
do
88
waterworks..
do
Augusta,
Ga., 7s, bondB
Bur. AMo.Rlv., land m. 78.... 109H 11094
Charleston stock 6s
102W
112
do
3d 8., do 88
Charleston. S. C, 78. F. L. bds.
looH
do
4thS.,do8<... 112
Columbia,
S. C, 68
do
5thS.,do8B.... 112
Columbus, Ga.,7e, bondB....
do
6thS.,do:83.... 112
Lynchburg 6e
Bur. C. R. A M. (M. div.) g. 78. 89
.NI acou bonds
Cairo A Fulton, 1st 78. gold... 57
27
Memphis bonds C ..
85
California Pac. RR., 76, gold
22 i<
do
bonds A & B
do
6s, 2dm. g.
X,
do
end.,M. &C. Kti
SS
Canada Southern, Ist
30
Mobile 58 (coups, on)
104>s
do
with Int. certifs 55
23
do 86 (coups, on)
Central Pacific, 7b, gold, conv. 104
48
do
new consols
Central of Iowa Istm. 7s, gold. 32
20
Montgomery Ss
do
do
2d m., 7b, gold
V)
Nashville 6s, old
=-.
102
Keokuk A St. Paul 8s ...
Wl
do
68, new
101«
Carthage & Bur. 8e ...
HO
102
iS2 New Orleans prem. 5s
Dixon PeorlaA Han. 8b.
40 1«
do
consol. 88.. ..
110
O. O. A Fox K. Valley 8(
3«
do
railroad, 63.. ..
Qutncy A Warsaw 88, ..
109J^ 111
do
wharf imn'ts, 7-20 56
Illinois Grand Trunk..
109)s llOJs
7H
Norfolk 6s
20
Chic. Dub. A Minn. 88 ..
Ml
Pelersburgee
Peoria A Hannibal K. 8s
99
Richmond Cs
iOSJa Chicago A Iowa K. 8s
02
117
large bds.
do
do
Han. A St. Jo., land grants
do
8s, conv. mort.
Illinois Central—
'j
do 68,!886
Rhode Island
A E, 1st. m., 1877.
Buff. N. Y.
,s«
8
do
South Bide. L. I., Ist m. bonds.
do
sink. fund...
Western Union Tel.r 1900, coup
Oswego
A Wcetera, idm...
do
do
78, conv
Morris A Essex, st. m
do
2d mort
bonds, 1900....
do
construction,
do
do
78, of 1871 ..
IBt con. guar.
do
Erie, ist mort., extended
endorsed
do
do
do 2dmort.,78, 1859
do 3d do 78, 1883
do 4th do 7s, 18!0.... ,..
do 5th do 7b, 1888
do 7b, C008., mort., gold bdB
do Long Dock bonds
70
I
do
mort
2d
2d 78 ..:. ....
'New Jersey A N. Y. 7s, gold
N. T. A Obw. Mid. !Bt is. gold,
100
...
Indianapolis 7.30fl..,.
Long Island City......
Newark City 7b
Ind'B iBt m. 7b, 6. F.
conBol. m. bonds
Del. Lack.
gold, reg.... 1887...., 115
do coup.. !887. .. 115
N.C.RR
A
C. C. C.
Sew York State—
Boouty Loau.reg
coup....
do
.
68, Canal Loan, 1877
1878
do
6a,
yiH
SO
S8
do
I
'
KR.,Ut mort.
Albany.N. Y., Cs
Buffalo Water and i'ark
Chicago 6s, long dates
101
do
79, sewerage
80M
do
78, water
do
7b, river Improvem't
do
78, various
m..
St. Peters, Ist
•.OOW
CITIES.
lOSJi
may ie.
Bid
Mo. R.Ft. S. AUulfJdm. IOb
N. Haven Mlddlel'n A W. 78.
N.J. Midland let 7s, gold
22
02
46
(Jirokerft' Quotaiions.)
Peninsula ist mort., conv...
Chic. A Milwaukee, IBt mort
'%!-'ao.
Funding, due 18M-9.
ib8«
do
do
do
do
do
do
Iowa Midland, Ist mort.
Galena A Chicago Extended.
1878
Lone bonds, due
A
Chic.
52k 53M
68,1883
7B, 1890
«s, due 1877..
70
118
104
SKCnSITlEB.
1^81 103
do
no
1877 01k ll)2!^'
do
bds., 8s, 4th series
do COnp. 7s, !S94
100
Rockf K. I. A St. L. l8t 78, gld
do
reg. 7,189*
liondout & OBwego Ts, gold...
100
LonflT Island
l8t7B£ do ..
do
do
Ist m., La CO.
do
lBtm.,I.AM.D.
1st m., I. AD..
do
Istm., H. AD.
do
do
iBtm., C. AM..
do
iBt m., consol.
2d m.
do
do
N. Western elnk. fund
do
Int. bonds
consol. bda
do
do
ext'n bds..
Ist mort...
do
cp.gld.bds.
do
do
reg. do
do
War loan
do
do
m., new.
.
Kentuckyfis
LoQlslana 68
& Hudson Canal, 1st ni.,'9:
do
do
do
do
iStm.Ss.P.D.
u.. OO, * .u
i
>Sb
Ch.MlI. ASt. P.
2d m. 7 310, do
do
do
7b, gold, K.D..
do
do
do
:do
ido
78, small
Vlclilgan6s, :S7»-79
J., Ist
l>el.
A
do Ist consol...
do
do con.conv...
do
LeblgbA Wilkes B.con.Buar
Am. Dock A Improve, bonds
do
68,
6b, noatlng debt
7b, Penitentiary
68, levee
8s, do
Us, dal87S
88, of 1910
78, conBoUdated
7b
Pacific,
8. F. Inc. 68, 'US
Chicago, Rk. Island
do
do
do
d*
do
do
do
do
00 couBOl. m.
do
4N.0
do 7s, Ark. Cent. KU...
Connectlcat Cs
Qeorgia «s
do
Income
A Chicago. !Bt mort.
Louisiana A Mo., Ist m., guar
St.Louls Jack.A Chlc.istm.
Chic. Bur. A a. 8 p. c, iBt m.
A
do
do
do
MIm. O.
iBtmort....
Jollet
18K
8>of 1893
funded
8« of
Arkansftfl 6s,
Ask.
Tol.
.
State Bond*.
Alibtma
Prices represent the per cent vatve, whatever the par
Tennessee State coupons
South Carolina coneol
Virginia coupons
consol. coup
do
M'^inhis Citv ('onponi ...
• Price aomlnal.
,
,
...
82
7«
60
;«
M
94
66
40
98
t-6
v.,
94
«9
90
80
M
40
87H
93
42
98
7C'«<
96
88
43
50
flo
97
55
7ll
hft
20
S2
36
.1.)
84
40
.
. .
56
8
S5
65IJ
4
565
4
4«5
8
.
.
THE CHKONlCLfc
'
[December 23, 1876.
NEW YORK LOCAL
Bank
619
SKOURITIES.
Inaarmai • Stock Liat.
Stock LUt.
(Qnotatlons by K.
Bailit. Inroker.n Wall street.)
B.
FBIOB.
Uarkca tbus
lilVIDMNDa.
(•;
sot National.
Par Amount. Periods.
Amsrloa'
3,OIK),0Pll
American EzcbaDge
Bowery
Broadway
Bull'a Head*
& Drovers
Batctiera
250
1,000,000
»IU,000
SXJ.OOO
2,ooo,ooe
.
Central
Obatbara
450,(100
Cbemical
soo/wo
CltlzODB'
dOO.OOf
1,000.000
100 10,000.000
ICO.OOO
IW
lOO 1 ,500,000
100 l,n0OCOO
ioo,ouu
100
100 1.000,000
25
350,000
200,000
100
150,00(?
100,100
lOJ
10(1
500.000
100 5 000,000
30
soo.ooo
50 1 500.000
lOO 1 000.000
!00
200,000
100
200,000
is
200,000
83
U'0,000
40
800,000
100 I 000,000
100
'11.0.COO
lUO 1 500,11011
500.000
50
30
lOJ.U
6UO.00O
100
City
Commerce
Commercial*
Ojntlnenttil
Corn Bxchanffe*
Carrency
Dry Goods"
Ka»t River
a
Ward*
Kleveotli
Fiftli
Filth ATcnoe'
Pint
Foorth
ruton..
Gallatin
6erman American*..
German Kxcbange*
. .
Germaala*
Greenwich*.
Grand Central"
Grocers*
Htaover
Harlem*
Importers'
A Tradera"'.
IrvlBt
laludcity
:
_ JIty"
Leather Manofactrs...
ManhaXan
Hanoi. * Merekants*.
Marine
Market.
Meoh. Bkg Asso'tlon..
Mechanics & Traders..
2,060,OliO
«.!
800,000
400,000
50
25
Mercantile
lOO
serchants
50
50
Merehants'Bz....
Mdtropolls"
Metropolitan
100
lUO
100
100
100
lao
100
100
100
lOO
Hill*
Naaaao*
NewTork
New York
30
100
100
25
JMedlwBics
Murray
IW
County..'.'
NY. Nat. Exchange.
H.Y. Gold Bxchange
Ninth
Nprth America"'.'.
North Klvci*..
""
Oriental*
Paoiac*
Park
p«>nie»«
'..:::
Phenu
Produce*
Reoubllc
Nicholas
Seventh Ward
St.
Second
Shoe and Leather. ...
Sixth
State 01 N.York(new
Tenth
Third
Tradesmen's
Union
West Side*
m
25
50
100
25
30
100
100
100
100
100
lOO
100
too
100
lOO
1,000,000
3,000,000
500,000
100,000
1,000,000
9,o:o,oco
1,000.000
500,000
4,000.000
2JO,000
1,000,000
3.UOO.C0O
200,000
500,000
500,000
1.5OO.0C0
1,000,000
400,000
Jan. 3,17.. .1
Nov. l.Ti.SM
Adriatic
,/Utna
4
J.*
ev.SmoB
J.
4
J.
<i-F
Nov.
.1.4 J.
July
4
Aug.,
Columbia
July, '7t..S
July, '76. .5
July, '76.10
July,76.SJ6
Oct., '7».I»
July, '76 .7
July. "» ,6
July, 'TC. 10
4
J.
M.4N.
A,&0.
F,* A.
M.4N.
M.4N.
M.&N.
M.&N.
J.& J.
j'u'lyr,''7«.!!4
.I.& J.
Jan.
J.
4 J.
4 J.
4 J.
4 J.
4 J.
Farmgui
'78.,,
May;, It,..!
3, '77.3 J(
Mel..
Jan.
Jan.
1.
July
1,
16...
Home
Hope
Howard
July
Jan.
76...
]mporters'4 Trad..
3, '77,..
May
1. •76...3
Irving....
JefferBon
Kings Co. (Bklyn)
>
4
4
4
4
J.
J.
J.
J.
j.'i'j.
J. 4.1.
J. 4 J.
M.4N.
J.
4
J.
1,
"76 ..4
1,
'76..
Ian.
2. '77 ..4
.Ian. 2, '77,3 >(
Jan. 3, '76.3k
i'o« Jan, ,'77. ...5
Oct. !.'». .4
Nov.lO.nt..*
July 1, "76...
10
114
ink
7
,
96X
'»)"
,•76..
13
July
Jnly 1,-76...J
July 1, •76...
Nov.
a
(Jas Light
Co
2,000,000
1.300,000
320.000
1,850,000
386,000
4,000,000
Oas Co (Bklyn
do
certificates
Harlem
Jersey City
4 Uoboken
Manhattan
Metropolitan
do
cerliUcatee
do
b n IB
Mutual, N. T
Nassau, Brooklyn
do
scrip
New York
'!,r,00,000
1.000,000
600,000
5 000,000
do
do
Central of
0.
F.4A.
J.
J.
4 J.
J.
1
7110,000
4,000,000
1,000,000
bonds
8,15,000
certlficaies..
800,000
4S6,000
1,000,000
New York
Williamsburg
do
scrip
Metropolitan. Brooklyn
lOO
4
M.4N.
M.4N.
J.* J.
F.4A.
3K
l;>
97
M
16.
';6.
lis
'76
',6.
160
210
118
102
103
101>i
80
83
'7S
131
Jan.,
3X Nov..
5
Nov.,
Jan.,
76
:o
95
87
F.4 A.
ax
3
1000,000
J.
J.
l,no(/ oe
M. 4N.
4 J.
4
J.
I
AUE.1.'76.
Oct., '76
8X July,
SX Nov..
"76'
ist
mortgage
Broadway
AatventhAve—t^ioc^i.,
mortgage
Brooklyn (?i(y— slock
1st mortgage
I6t
Ifll
Broadway (BrooAli^nj—stock
Brooklyn A
let mortgage bonds
ffitnter'a Pt—ntocii.,
Bu4lucick Av. (fl'*(«)0— stock....
MHtral Pk, N. .» A. Jflner— stock
iBt mortgage, consolidUcd
Cltrtstopha- Aleiuh SOeei— stock
I>ry Vock, &'. B. it Baiur y~%toc\
1st mortgage, cons'd
iXghth Avtn ue— stock
mortgage
UdSt. A Grand St ,^erry—etock..
let mortcage
1st
CentnW Cyo»« 'town- stock
Iflt
morteiige
BotMon, Wtst si.dPav.Ferry-ttt
mortgage
Second Avenuf.—atoek..
lat mortgage
3d mortgage
Ist
CirtiB. Convertl!)le
6<>4,000
'«I0,000
400.000
800,000
J.
J.
*
M.4N.
Q-J.
J.
4,
1,000,000
203/100
748,000
236,000
560,000
300,000
*i«,C«l
500,000
1,!9»,(00
850,000
150,000
617,000
J.4D.
q'-'f'.'
J.4D
J
J.
.
4
,1
4 J.
:S6
56
100
yew
1841-53
Water stocte
1H54-57.
do
Croton waterstock. .1845-51,
..1852-60,
do
do
CrotoD Aqned*ct8tock.186S.
pipes and inalnB...
do
reservoir bonds...
do
Central Paik bonds.. 18SS-67.
do
tio
..lBsa-«5.
Dock bonds
1870.
1-75
do
90
141
W
1877
1885
1888
100
.M.4N.
Utip'^'t,*' ««»p
'
Thu
2000,000
600,000
250,000
Nov.,
.
:
PO
87X
•76
Aug.,
J
Julv,16
J.
lfn-80
18TI-7*
do
do
do
do
May Sl November.
Feb., May Aug.A Nov,
do
do
do
do
May U November.
var.
var.
var.
1877-98
1877-K
IMl
lis
Mayft ioTcnVr.
do
:i3
ll>
i:t
106
liO
lou
118
I(«
101 >,
117
1889
1879-90
1001
104
lot
114
l.SgS
l87»-ftl
104X
m%
lis
1U«
1896
'^'
ICO
ICO
!
1'KI7-11
183 1-87
IgTt
A«l*
101
1883-90
ISS4-I9II
18RI-I900
1878
do
do
do
do
do
I
18110
Feb..May, Ang.A Nov
do
do
do
do
do
do
....1869.
c:o
May Aag.& Nov
do
do
do
do
\mt
CWy— [Quotations by C.Za BBi^KtK. 47 Montgoine ry St., Jere ev 01
.lanuarv A .in'
;oo
lHj:ii-fi«.
Water loan
1917
do
long
102
January & July.
1S95
11(1
do
19<»-71
January 6k Juiy.
1899-1902
1866-49.
100
Sewerage bonds
do
do
187»-N
li«
1191
Assessment boiidn. 1870-71.
Jan.. May. .Tiilv * Vov.
109
Improvement bonds
J. * J.and J A D.
190S
104
166&-69.
January and July.
19UU
Bergen bonds
ins
& J.
tl-F.
J. 4 J.
4
PKiCI!
nid.
w
lU
(Of
IS?*
u»
m
MM
\n
tn
IM
IS
IM
no
•y.J
10*
.
75
T2
Q.-K.
J.4D.
A.40.
M.4N.
Wall Street.]
Jertey
Jnly'.ie
July.1894
Oct., 16
J.
J.
Tieenlyihira Sirett-~»\oeit
do
1895
to
too
Feb..
Floating debt stock,... I860.
1865-68.
Market stock
Boldiere'atd fund
186S
Improvement stock
1869
do
New ConsoUtlnred
Westchester Conntv
4
J.
415,000
mortgage
York:
Consolidated bonds
'Tt
UoBA.ir. Broker, 40
Bondadue.l
do
Nov.,
Oanisl A.
INTXRUT.
75
Nov.'. '76
75O,00t^
iHt
UabllUtes. IncludlnK re-iasuraace, capital and profit scrip.
llontbs Payable.
1888
M.4N.
A.40.
mortitHge
Third .4 senile— stock
3,000,1100
all
Street Imp. stock'
StxUt ArenuK- stock
I<t
Over
^1^
IW
lttl,(lOU
1.8CO,00O
1,200.000
650,000
1,200,000
•76..
•76.. 5i
-.6.101
OKty Securities.
160
'iO
•76,. -.I
.'76.10
, •7S.1C
(.Quotations by
-76
Oct .16
:ii7«l
IJl
1872
July.
.76..5I
.TS.i.Sil
246
4 J.
4 J.
Nov..
76 .51
76.10
1(0
101
J.4D.
<J-F.
n
Mi
•76.. 8l
Stuyvesant
Tradesmen's
nnited States
W.^Btchester
Wllllamshurg City.
900,000
2,100,000
1,600,000
2,000,000
300,000
,
Star
Sterling
[Quotations by U. L. Qbaht, Broker, 145 Broidway.]
Hceecker Ht.tt FuitonFerrif—vioc^
8X
•76,. li
Hutgers'
Safeguard
St. Nicholas
Standard
ICO
ijs'
';6.
76.
s.iOi
7'i.l'.i
•76
•76. 5
•76..
ICesoIute
'76.
';6
'76
:\<i'.m
..
Keller
Aug.,
July.
sa July,
2X (let..
•76. .5
"76. .6
•_76.20
KIdgewood
Oit.,
'(6.
*76.
.•76.10
.•76..
Republic
Last
Bid. Askd
dividend.
Aug.,
l«
,•76.10
Produce Exchange
1, '76. .4
2.'77..'4l
May,
M.4S.
M. 4S.
1,000.000
..
People's (Brooklyn)
no
do
4
J. 4
J. 4
A.
111
Park
Peter Cooper.
People's
Phenli (B'klvn)
1. '76...
Nov., "76
Jan., '76
•17,
Paclllo
Jan. 2.*n...5
IJan
(R'klyn).
Niagara
North Elver
Jan'.J14'.'s'x'g
July 1.'76-. 4
K
Brooklyn
7«..5
•76.111
•-H.3X
.7B.10
Ham and City Railroad Stocks and Bonds.
Citizens'
'76.10
•76.101
National
N. Y. Equitable....
New York Fire ...
N. Y. 4 lonkers..
12
Par Amount. Periods.
•76. .1
Mcch,4Trad'rB'...
Mechanlcs'(Bklyn)
Mercantile
Merchants'
Metropolitan
Nassau (B'klyn)...
[Oas quotations by George H. Prentiss, Broker, 30 Broad Street.]
Gas CoMraniHi.
Manhattan
Montauk
Kcb. 8, *75.,4
Aug.14 16. 4
July I, '76. ..3
8
•76.. 6
Nov., -IS...S
Jan. 2,'77.,.8
Jnly.lS'74.3X
I
'76.10
'!6..5
Builders'
Jan, 3.'77...«
Jan.2.'77...5
10
10
8
111
2
Julyl,'74.S><
July 1,'76.3K
8
•76..
•76, If
•76. .5
'76. .5
LonglsIandCBkly.)
iii'
l«
•76.11'
Knickerbocker
Lafayette (B'klyn)
Lamar.. \
M«nnr4
Jan. 2, -77.. 8
Julyl,'76 8X
12
13
12
10
7
•It.. 5
,16..
Lorlltard
Jnlyl,'76...J
IS
•76...
•76. .6
Lenox
iio
1H Jan.a.ie.as
May, '73...
3X
J.
J.
J,
J.
•76. .5
10
!0
Nov.
Nov,
t's
4
•7t..5
•7S..5
11
J.
J.
J.
J.
0.
4J.
'76.
3, '76...
10
ti-
•76. .5
7;.. ID
Jan.
1,
ME
July.'H.lO
Hofflnan
Aug.(0.~6..4
»
July.";6..10
Hanover
166
M
n»
luly. '76..S
July, '76. .6
Aug.. -76. .5
July. -76..
July. '76.15
Unaranty
Gnardlan
Hamilton
'75. .4
2, '77.. .7
2, '71...
;«
M
31*
July,T6.7W
J uly. '76..!
Gebbard
German- American
Oermanla
Globe
Greenwich
3, '7»...7
Julyl,'75..3s
J
I
bxciiaoge
Firemen's
Firemen's Fund....
Firemen's Troit...
70
J.
J.
J.
J.
F.4A.
200,000
Mays,
.......
Emporium
F.4A
F.'i'A.
100
'71.. .3
May
J.
J.
4k
Feb. 1,
Fire....
Continental
Kaglo
Kmplre City
Noy.l,'7«.,-5
Oct. 10,16, 3K
M.ftS.
J.*
J.
J.
J.
J.
J.
(J— F.
J. 4 J.
J. 4 J.
tOO.OCfl
Commerce
Commercial
212
200
•7«. 10
luly.-Te.lO
JulylO,>7ll..2
Jnlyl,T5...S
Jan. 2, TI.JH
<i-J.
J.
J. 4
.1.4
J. 4
J. 4
200,000
800,OCO
IK)
<5S
IKI
City
Clinton
4
M.4N.
J. 4 J.
J. 4 J.
J. 4 J.
J. 4 J.
300.000
SOO.OOO
'nly.T«..IO
Aug. 1, "It...
July l,'76.3l<
July ^,^6...8
July 1,'76. 2)4
m
»
IW-
M •»"
4)1
Julyl,'74...4
4 J.
4 J.
4 J.
4 J.
"m
to
i«;
AUK.,'r».lo
F.4A.
J,
J.
liU
Jiiiy.'Tt .ic
J.
J.
m
June. •76. JO wo
A us.. It..
Brewers' 4 M'lft'rs
Broalvvay
Brooklyn
,j'an!'6.''78.!'.3
70
n
S
Bowery
3X 1U8K
Paid.
Jniy.T«..5
Julj7).l2X
Arctic
Atlantic
103H
Pkiom.
Lut
July. -71
July, '7«,.5
July, •7t..4
July, -76..
July. •7S..S
Citizens'
J.
.1.4 J.
J.
7«
ISA
1878 Itni
,
102X
!.';». ..6
10,
isn
American
American Eyeh'e..
Amity..
126
T:... 4
2,
•laly 1,'7«...4
'uly 1,'7«...5
Jan. 1, '77.29
Jan.2. 'I.SJj
J.
J.
l.OOOAK)
1.000,000
1,000,000
1,500,000
Jan.
1.4 J.
J.
1,500,000
40
50
l,'7il. 6
l.'7ii..C
Sept.l '76.. 6
M.4B.
A.
1,000,000
(JOMTAHiat,
July
July
.1
.
J. 4
J. 4
.1.4
J. 4
3(10,000
Bid. lAskd
A
M.AN.
M.4N.
U.&^.
M 4N.
482.700
2,000,000
412,500
1,800,000
25C.0O0
Last Pali.
.1.4.).
J 4J.
,)
5AI0(I,UC()
ITO
U74
VJrooAIyn- [Qnotatlons by N.
Local ImprovementCity bonds
do
'76
January
do
F trk bonds
165
Water loan
do
do
do
GO
City Donas
d«
Water loan bonds
BrldpcebondB...
1(190
ioo"
M.4N.
comati. buuws last dividend as lUxikt, also date of agstorlty of banit.
BssBB, Jr., Broker,
95
90
230
ios"
1890
•
\m"
.
Kings Co. bonds
do
do
All Brooklyn bonds
liar
A
40
flaf.
A
2>t
July,
«i
do
do
do
do
do
NoTomber.
do
Wall
Ki'
Bt.]
lff:6-80
101
1981-95
105
191.1-21
111
115
1903
1915
190a-I!l(B
1881-95
1880-83
rs
:07v
lO'x
107
103
II*
at
IK
VtM
:
3nt)C0tmenf0
AND
STATE, CITY AND CORPORATION FINANCES.
Supplement" Is pubUshed on the last Saturday
of each month, and furnished to all regular subflcribers of the
Ohboniclk. No single copies of the Supplement are sold at the
The "
office,
Investors'
as only a suiHclent
number
is
printed to supply regular
aubscribers.
'
Railroad Freights—The " War" Terminated.
inet., it was definitely announced that the officers
O f the Trunk railroad lines to the West had signed an agreement
terminating the late freight war, and establishing higher rates.
We loot upon the agreement actually made as a very important
On
[Decemkr
JTHE CHRONIOLFi.
620
23, 1876.
been made to bring about a settlement, bat wa neitiier could nor would agree
to any terms except those which placed Now York on an equality with the
other ports, and iu that we have succeeded. The agreement which was made
yesterday makes the rales on all freight other than that Intended for local
consumptior the same to the three cities, and I consider the principle to be
established for all time. It WHs proposed to make a schedulo of rates yesterday to incorporate in that agreement, but I olijected, as I considered that a
matter of detail, while the controversy has been with us wholly a matter of
Erinciplc not bow much the freights should be, but that, whatever tho
gures, they must be as low to New York as to any other pi ice. In addition
to this, the rates on local freight from the West to Baltimore have bean made
uuifoim on this basis 13 per cent rcdnclion on the New York rates from all
points on a line wilh Chicago, and 14 per cent from all points on a lino with
St. Louis, and no oiher reductions. This makes the difference so small as to
prevent the re-shlpmeat of freights to New York from Baltimore except at a
loss.
This was not the case wilh a 2i per cent reduction. So far from any
concession having been made by us, every point which we made we Uava
gained for New York."
—
:
So far as yet established by the freight agents, the following
schedules indicate the new rates
FROM NEW TOEK, PHILAOELrHIA OB BAtTIMORK— PEn 100 LBS.
the 16th
:
2d
3d
4th
5th
class.
class.
class.
class,
class.
60
40
45
85
87
40
30
33
3T
38
49
55
31
30
30
Iflt
To
Chicago
one, for the reason that it establishes a certain principle in regard
to the movement of Western products to the seaboard, which is
far more extended in its bearings than merely to secure a present
advance in prices. It is not necessary to say that one or the
other of the contending parties has yielded his point, for the
truth appears to be that each has made a reasonable concession.
Baltimore and Philadelphia can still give to their merchants and
local purchasers the advantage of lower prices from the West on
all produce for home consumption, and on the other hand Now
Tork has secured the vital principle of one uniform rate to all the
rleve&nd
Urbana
three cities on grain, provisions, &c., for export.
It has been objected by some, and possibly these were parties
who did not wiiih to see any settlement] of the railroad war,
that the agreement will not be faithfully carried out, and that it
will be impracticable to determine what is for export and what
Boston
But this objection does not appear
ioi home consumption.
to be well founded, and it is, in fact, har-liy to be supposed
*hat such men as Messrs. Vanderbilt, Jewett, Scott, and
Garrett, would haggle over an important contract for months and
We
finally agree upon terms which could not be carried out.
Cleveland, Ohio
41
Cincinnati
Indianapolis
Louisville
4i)
41
43
55
61
35
35
47
60
6"
40
40
St. Lonia
Toledo
Detroit
25
20
25
36
28
28
3)
43
25
25
81
Zi
24
84
38
20
SO
At Chisago, tbe Lake Shore and Michigan Southern freight
department issued a revised tarifiT for east-bound freight, which
is as follows on the principal classeB
Oraia,
Eatesfrom
Portland
Baltimore
Philadelphia
Albany
Baffalo,N.Y
Dunkirk, N.Y
Erie,
2.
1.
New York
.
Boxed
etc.,
Chicago to
...$150
160
160
131
135
140
$110
120
120
80
60
75
70
55
B5
50
57'/,
Pa
Sandusky, Ohio
Mich
Toledo, Ohio
Detroit,
$0
96
99
60
45
45
40
40
50
»
$0 35
$0 30
$0 tO
$0 35
90
BO
40
40
80X
SIX
70
70
52
54
BO
40
38
36
34
31
30
30
40
40
?4
35
35
26
27
25
20
19
18
77
75
45
42>i
40
30
30
30
30
100
ANNUAL
meats.
car I'ds. Flour,
4.
3.
30
22X
21
20
18
17
16
16
1?
16
15
It
30K
31)4
30
82V4
21
20
18
9
17
16
16
REPORTS.
are inclined to take the other view of the matter, and believe that
the present agreement, by its very simplicity, is likely to form
the basis of the most substantial agreement among the Trunk
lines that has yet existed, and the question arises whether they
will not at some time use it to make rates too high, rather than
break up again on some matter of minor detail. The general
principle having been established, it is not likely to be abandoned
on account of any temporary difficulty arising from time contracts
now existing wilh shippers, nor from the trouble which may be
oxperienced at first in establishing a satisfactory system of di-awbacks at Philadelphia and Baltimore. The method naturally
occurring to anoutsideras the plainest would be to charge uniform
Eric Railway.
{For the year ending Sept. 80, 1876.)
Mr, Hugh J. Jewett, the president and receiver, has made his
report to tbe New York State Engineer for the year ending Sept.
30, 1876. Mr. Jewett has also wisely taken the course of issuing
in pamphlet form, for the information of stock and bond holders and all other parties interested, a more extended report of
the year's operations and financial transactions. This latter
report came to hand too late for use this week, but we shall
quote from it in our next issue. To the figures for 1S75 76
we have added below those lor previois years, and the comparison will be found most interesting. The company being tied
latee on all freight, iu the first instance, and then allow conup in the hands of a receiver, the stock and debt accounts remain
signees in the cities named to receive a drawback on furnishing ui:«'ianged. The total cost of road and equipment is $117,149,387
positive proof of sale to home consumers. But tiiis is only a against $115,995,946 last year. The floating debt, which consists
matter of detail, and in whatever way it may be carried out, there of "loans and bills payable," was $1,159,060 at the close of the
seems
to
be no reason to doubt that
it
year, Sept. 30. 1870, against $1,431,641 in 1875.
of the year shows a slight increase in both
Gross receipts are a little ov«r
freight and passenger mileage.
$1,000,000 below those of 1874-5, transportation expenses $447,929 lower, and net earnings proper are $3,621,360, or $570,463
below those of 1874-5.
The expenses will undoubtedly be scanned with much interest,
fi.scal
can be carried out sub-
The business
stantially in accordance with the agreement.
Tlie
terms of the contract are reported as follows in the
STribune :
The agreement provides that the trunk lines shall make all the weetwardI)Ound throituh rates, and the Western compauies all eastward-bound lliroagh
rates, it tiling understood that as to both Eastern and Western freight! the
rates sliall be the same between all Western cities and points in Europe, the
British Provinces, and on the coast of Ameiica, whether the freight passes
through Baltimore, Philadelphia, New York or Boston and also that all
freight shipped to any one of the above-mentioned cities as a terminus, and
then re shipped or sold for export or Import through or at another of those
cities, is competing business within the meaning of ihe agreement, and shall
be governed by the same rule. All business which is purely local to and for
iona tide use r,r consumption at Baltimore and Philadelphia will go to f hiladelphm at an avcragi: of » per cent less, and to Baltimore of 13 per cent loss,
than to New York. The basis of the lates is 30 cents f om Chicago to New
Tork fjr the number of miles between these poin's by the shortest roulette same rate per mile will then be charged from all other competing Westerii
Xwints by the ahorlcst line to New York, after which the above-mentioned
percentages will be deducted from New York rates, in order to arrive at the
r»tc*for local consumption at Baltimore and Philadelphia. The agreement
which goes into ilTect to-day (Dec. 16', is without limit as to time, but
appended to the original agreement is another stipulating that none of the
parties to Ihe first siiall make or extend any time contr.icts. The compact ia
•taied in the following order: by W. H. Vanderbilt for ihe New York Central,
H7 J. Jewett for the Erie, Thomas A. Scott for the Pennsylvania, and John
King, Jr.. for tbe Baltimore and Ohio Railroads.
The same paper reports the following as the result of an
and a very
;
"interview" with Mr. W. 11. Vanderbilt:
"There has always existed heretofore," said Mr.
In Ihe through rales of freight from the West to
Vanderbilt,
"a
M
oomnarison
the tables below.
of the several
items
is therefore
made
The net
previous year the deficit was $1,353,164.
STOCK ANB 1>KBTS,
Capitalstock
Total amount of funded debt
Floatingaebt
•
lb?5-6.
$86,536,910
54,271,814
1374-5.
$83,536,910
51,371,814
1,159.060
1.421,641
187.1-4.
$88,588,910
45.576,814
2,552,208
COST OP KOAD ANn BQUlpjtBST.
1875-6.
For Telegraph
For graduation and masonty
For bridges
Superstructure, including iron
Third rail between Elmira aud Buffalo
Passenger & freight stations, build'gs A fixtures.
Engine and car bouses, machine shops, raachiue?y and fixtures
Lind, land damnges and fences
Locomotivrs aad flxiures, and snow-plows
Passenger and baggage cars
transportation. New York harbor
Freight and other cars
Pavonia and Twenty-thlrd-street Fsrrics
Engine ring and ngencifs
N. T. & Erie UK. and Erie R'way and franchises.
Water
difference
the seaboard, which was
baaed on the distance in miles that the freight was carried, and which was
of course largely in favor of Philadelphia and Baltimore, particularly the
latter.' • • • "Wo demanded that the rates on all competitive freight
soonld be made the same to New York, Philadelphia and Biitlnioro. This
the opposing Hues refused to accede to. and insisted upon a continuance of
the discriiniiiition in ihoir f.avor. Upon that issue the war began. We replaced our rates until they reached only iO cents per hundred, and the opposing lines made similar riductlons. Below this point we did not care to "O
at that rate neltter we nor they coul i make any money
in fac*. that rate
laaruuiousim,.. In order, howcv-r, to equilize thj imiil dilT,.Tcnce between
as at ibal rate, we gave a private re .ate t.i shippers, which placed us upon
an
equal footing, since last March, when the war began, several
altcmpts have
full
result of the year's operations
is hardly satisfactory, showing, as it does, a deficit in the amount
of receipts, as compared with payments, of $1,239,080. Ia th«
in
;
I
'
$13,861
S,106,S5.>
358,754
6,558,460
1.0i0.032
2,003,273
1.969.619
773,916
4,485,717
1,S5S,T79
255,78)
7,617.5}8
687,464
90,661
86,810,304
$117,140,287
Total cost of road and equipment
THE TKAB's business.
3,SOi,C05
Miles run by passenger trains
7,507,842
Miles r,in l-y freight trains
5,042,3^11
Passengers tall classes) carried in cars
Passengers rarriod one mile
16),074,795
Tons (iO 10 Uis ) of freight carried in cars
5,»7J.818
Tons of freight carried one mile
1,010, 431,'J21
1874-5.
$13,861
3,"27,7J0
358,724
6.445,910
1,986,979
1,977.990
818.019
4,485,717
1,283,779
223,260
7,615,715
68'i,464
90,564
86,503,219
$115,995,946
3,20?,.392
P,4K,OJ4
6,0>i?,855
155,596,804
C.2.>9,943
l,91f ,618,060
:
December
THE CHRONICLE
23, 1876.]
BEOIirTS.
1K5-6.
From pataengerF
$4.437.«2e
Fromfrelght
Fromexpreas
n,«»,)«9
$IB.85a^
$I«,876,F88
$18,5»8,898
li.^Sl.iOl
1-},«79,190
16.663,738
Trantportatloo expenaei
Ntt earnings
otht-r
$8,651,260
406,013
tSl,t60
aoarces
FromlatereatOD Feciirltloa
FromclalmatoOct. 1,1874.....
TeUl
$16,639,768
$3,038,160
$4,197,128
1J8,0:«
90S,«S8
$17,677,746
$18,595,898
1874-76.
$3,S81,370
2,446,863
$-2,6.^0,186
2,661,486
$232,761
118,?45
$987,126
,fcc
Telegraph operators
Agenta and clf-rka
Labor, londini; and nnloading freight
Porterp, watchmen and switcntendere
Wood and water-atalion attendance
Conductorp, bacgiige and bralcemen...
Enginemtn and firemen
Ftiel— Coat and labor of preparing for uee
Oil and waste for engines and tenders
Oil and wapte fur freight care
Oil and waatc for passenger and haggage cara..
Lose and daina^^e of goods and baggage
Damage for injuries of persona
Damage to property
General office e.^peusea
General superintendence
Geaeral office clerks
Contingencies
Legal expenaee
Ulreof cara
Totals
Total transportation ezpeoaee
112.
DM
901,170
75'',«7
)»1,684
62,500
l.SI 2,764
995,778
8S.S,589
613,160
384,499
78.S.30
1,304,672
1,000,360
1,975,968
92,604
110,247
1,110,441
80,766
8»,6:o
S6.-21
Se.ti.lS
2.38.468
146,874
208,825
113,309
189.595
1875-*.
bonds.
& Erie bonds
Dock mortgage........
Wechawken
On loana. nv^rtjiagea, Ac
Goldpreminms
Kentala, Ac, of leased lines
I8-4-^.
$12,231,201
3,761,964
210,000
188,000
$12,679,180
<H,4.iS
68,671
200,795
114.247
808,414
Taxes..
188,183
8.640
753,014
30,212
Mileage of Jefferson Car Oo.'s cars, slue months
Expenses other than trananortation
Claims due prior 10 Oct. 1 lfc74, paid
378.617
24,177
,
ToUl
3,761,984
210,000
1.38.000
10i>,972
94,.^00
491,4.34
32],.346
16,.^3»,765
$19,010,911
17,677,746
$1,229,680
$1,851,164
$17,769,395
Receipts
,
Dtflcit
New York
{For the
13,000
$469,272
2i7,47«
$46«,tl»
t«ll,7J8
$Sll,ni
Slt.lK
l,a&ft
24<H8
:.
$S4S,19
,.
$168.7(1
Mlsccl aneon? and legal expenses
Mississippi State tax
ll.BSS
(,888
18S.1M
fiurplos
$87,nS
During the year the equipment was kept to good order and
many improvements made. There were used in repairs of trade
144 tons new iron, 345 tons re-roUed iron, all GO pounds per yard
and fish-bar patterns, and 80,751 new ties 4,250 feet of pile
trestle were built besides ordinary renewals and repairs.
The
bridges and trestles are in good order, but, being of wood, require
constant renewals. A new Howe truss is ready to bo substituted
for the present Nooconnah bridge as sion as the high-water subsides enough to allow the piers to be built. Several cuts and
;
embankments have been widened.
& Potomac.
Biclimond Fredericksborg
year ending Sept. 30, 1876
Earnings and expenses were as follows
(Foi- the
)
:
7".
HT4-75.
$852,366
$37e,MS
15,603
11,751
lf7.'5
From
transportation
Olhersources
Net earnings
of paymenta under this head form bd important
part of the report, as they produce the net result of a deficit of
$i;229,630 the past year, agains'. a similar deficit of $1 ,353,164 in
1874-75.
On Long Dock
1!,2*«
1,671
$12,679,130
The items
Boeton Hartford
wm m followi
1874-9.
$I<9,3«S
$6,910,696
$12,231,'201
...
Neteamings
The result of^tbe year
7,S.-)3
10,760
1JS,J39
PATUENTS OTHER THAH POB CONSTRUCTION.
Forittereet.
Expenses
86702
80,665
8,116
14,774
88.611
141.t09
168,3^2
302,411
93,909
118.118
$«.»36.»8
For tranaportatics ezpeneea
Total
ia76-«.
$126,1(8
3M, «S
Inter, at
1875-76.
Office eipensep, atationery,
:
,
Net earnings
DETIILS or TBANSrOKTATiON EXrENSEB.
Malntainlne roadbed and railway
Repairs of machinery
Operating cxpcnaea, viz.:
were as follows
Biprei'S and mails
Privileges....
SiB,e44
n>,iJ6
rccelpta
for the year
Passengers
Freight
t0a,i)58
40O,(i66
Fromnuila
ToUl
The earnings
621
1974-8.
ta.Ml.SOi
H,»i7,i90
899,f8J
400,(»7
198,944
HleceU«n«ous
From
:
:
Proridenee & Boston Railroad.
thirteen months ending Sept. 30, 1876.)
The annual
report says
In accordance with the vote of the stockholders at the last
annual meetin;;, changing the termination of the fiscal year from
Slst Aug. to 30th Sept., the figures herewith submitted comprise
a period of 13 monthc.
Deducting the receipts and expenses for the month of Sept.,
the groes earnings for the year ending 31st Aug. are $973,857.
and gross expenses |548,807, leaving net earnings $425,0,'50, or
$16,500 in excess of the corresponding period last year.
As already stated, the gross expenses for twelve months are
$548,807, being $11,000 less than last year, notwithstanding that
during the same period the trains have run 38,C00 more miles,
and for the whole thirteen months the number of miles rnn by
all trains is 604,070, being 83,484 miles more than in the previous
year.
$l»U,i;5
$20';,Slfr
President Robinson's report says " In addition to the expen«es
of transportation above reported, during the year there has be«n
expended in necessary additions to the works at Boultoa the sum
of $8,190.
" The bonded and fioating debt of the companr haa been
reduc d by the sum of $20,641.
"
hile the board is still fully sensible of the importaace of
keeping up a connection with Washington by the Potomac
River, it has nevertheless come to the conclusion that the goarantee feature of the agreement between this company and the
Potomac Steamboat Company should in the future be discoatinued, and, on the 21st of April last, gave notice to the
Potomac Steamboat Company that the existing agreement
between the two companies should terminate on the Slst March.
:
W
1877.
" It
was determined to offer to the Potomac Steamboat Company this Company's stock and dividend obligations in that
company in full settlement and relinquishment of all claims of
that company. This has been accepted by the Potomac Steamboat Company, and all differences have been satisfactorily
adjusted.
" No doubt
is entertained but that prior to March 31 next
arrangements caa be effected for steamboat service on the Potomac, between Quantico and Washington, more satisfactory and
advantageous to this company."
Eastern (Mass).
(For the year ending September 30, 1876.)
The following figures are from the company's annual returns
Ti'lal receipts from paasenger department
$'..!9S.406
Tolbl receipts from freight department
Ii0ti,98^
Receipts as rent for nee of road and equipment
4,800
Total transportation earning?
2.412,140
Total expense of operating the road
i,78T,d96
Income from rent of property other than road and equipment and
lands
43,78S
Income from all other sources
15.04B
Total net income
G6S.SM
NET INOOUB, DIVIDENDS, ETC.
Total net income above operating expenses
t^l^.BM
.\monBt paid other companies as rent for ut-'e of road
196.116
Net income above operating expenses aud amount paid for rent
of road
4SS,4I8
;
Interest accrued during the year On funded debt, $736,784 40 ; on
f>39,17S
other debts, $102,453 81— total
45»,7«0
DeQc.t for the ye«r
,
RSdrpTS
Through pusage
".
.,
Local passage
Through
freight
Local freight
Dividends P. A
Olheraources
$276,640
219,6.31— 016,2"2
248,147
151,596— 399.7 •13
S. SS.
Co
112,688
36,5i7
$1,065,2-28
Expenditures
Net earnlnfe,
.
t6JO,026
.
$46%J0I
1876
Paid divideode
"
Interest
"
"
*'
*'
"
"
on
$287.,')00
bonds
Bxtenaion road bonds
Improvement bonds
4,560
I5,0i0
8,500
7 per cent bonds, IsBUO '69
8S,690-3C9,160
6 per cent
Snrplns
$96,05:
CODttmction account
$166,976
Mississippi & TenneMee.
(For the year ending September 30, 1876.)
Tlie capital account at the close of the year was as follows
:
Stock
$825,401
Funded debt
8,i;3,071
101. IJO
Floatingdebt
Total
...$.3,099,594
and cash a->8ets amounted to $91,987.
During the year the funded debt was decreased by $92,670, and
the floating debt by $11,524
all interest obligations were
promptly met.
The cotton crop along the line of the road was large, producing
a corresponding increase both in the tonnage and the earnings.
Bills receivable, cash
;
:
Boston Clinton Fitehbnrg & New Bedrard.|
(For four months ending September 30, 1876.)
This road, as is well known, is a consolidation of the Boston
Clinton & Fitchburg and the New Bedford roads. For the fotir
months, since the consolidation, the following statistics are
gi veu
$2,570,180
.Authorized capital stock isaucd
3,169,ti0
Total amount of funded debt
S,48S.7»4
Total unfunded debt
5,982,6*4
Whole amount of permanent investments
8,2i8.0«2
Total prcpirty and assets
189,041
department
Total receipts from passenger
2'K).4IO
Total receipts from freight department
409,488
Total tranvportaliou earnings
157,25.t
Total net income above operating expenses
45.0«T
ToUl surplus September 30, 1876
91.021
Length of m«in lino of road from Fitchburg to New Bedford, miles
81.311
company,
miles
length
branches
owned
by
Totin
of
131.4*2
Total milesof load o»erjted by the company
152.482^
Tutal niilca of ri'sd operated by the coispany in Massachnae'.ts.. ..
352.860
Total passengers carried
6.622,881^
Total passenger mileasre
247.960.
Number of ton>» carried
7. «8.1»«
Total freight mileage
$"1 2S3
Average ratejof fare per mile for all pi asengers
$0.0918^
Averaijc rate of freight per ton per mile
:
THE (mROmCLE.
622
Nangatnck.
Cincinnati
year ending Sept. 80, 1876.)
The capit&l account at the close of the year was as foUovrs
(,For the
Capital stock
$1,918 400
Notes and >cc»uDl8 due.
Profit
»nd
:9,'il0
...
275,512
loss
Constraction and eqnlp't....$i,05rt,9r)l
Kailroad stocks nnd liond^..
19.000
84,349
Ciimdoii Uolliug Mill prop'ty
S5 412
Real esUle
Motes and accounts due Co.
41,37^
76,248
Cai*!! and materials on hand.
Total....
ti,353,li2
Total
The earnings
Passengers
Frelghi and ice
Mails and express
lUscelloneous
for the vear were as follows
.$2,853,18*
:
2*4,893 64
18.103 50
1 1,104 98
,— lac. or Dec
Inc $1,878 91
Dec. 8,005 f8
Inc .
726 47
Inc.
206 97
$501,604 86
«76, 01 81
Inc
$203 77
Inc. 16,057 62
18T5-6.
llSl.f-Oa 74
..
:
Dr.
Or.
..
Toial
Working expenses
Taxes
19,115
.
,
P.c.
07
07
4-3
1-9
.
42t 28
Inc.
-36
62
S3
Total
$895,6i0 17
$279,068 3»
Inc. $15,451 84
B'9
Kot earnings
$306,084 69
*2ia,-,57 76
Dec.$t6,243 07
7-3
The income account was as follows
:
Melearnlnss
IntCres':
..
$206,084
$5,593
'
Depreciation on Watortown
Dividends Nos, 41 aud 43
&
Waterbury bonds....
188,865—190,453
Surplus for the year
balance Sept. 30, 1876
lt9,62S
a6i,B86
$275,51i
"Balance, Sept. 30, 1876...
"
of outstanding mortgage bonds,
amouDtiDgto $tf9,000, has been paid and cancelled during the
fiscal /ear, and the company is Iree from all incumbrance.
" The construction and equipment account has not been increased, and the only additional charge to permanent expenditure account has been the sum of $200 for real estate purchased;
all other outlays being charged to current expenses.
" The lease of the Watertowa & Waterbury Railroad by this
oompany has expired by its own limitation, and that road is now
operated for its own account, this company furnishing rquipment, materials and labor therefor, on ordinary and reasonable
-<erBis."
report says
:
The balance
'
<aENERAI.
INVESTMENT NEWS.
—
The report of the commissioners to
with State bondholders has been submitted to Governor
Honston, and we condense the main points as follows: New
Ironds authorized, Class " A," |7,000,000, issued |4,6.5o,900 Class
The old bonds,
"B," authorized |596,000, issued $4.56,000.
retired undejr the issue of Class "A," were as follows
Alabama State Bonds.
aettle
;
:
68 of 1866, due in New York. $.)44,9nO
44,457
5* of 1836, due In London..
4l«of It^Sf, due in London....
48,508
5»of ;S83, due in Ntw York. 1,3«;000
86
?a
8s
8s
88
of
of
of
of
of
1886,
18??,
1892.
lb«3,
1871,
(Patton issue)...,
$.'.98,50«
(Smith issue). ...
(Lindsay issue).
(Lewis issue)
(Lindsay Issue)...
34;(,600
6?9,0I
.
.
Carolina Central Railroad.— This road has passed into the
hands of receivers on application of the creditors. The company
lias been in embarrassed circumstances for some time, and the
preaent action was generally anticipated.
The road extends
<fom Wilmington, N. C, to Shelby, 241 miles. It was formerly
the Wilmington Charlotte & Rutherford, and was sold under
foreclosure, and bought in by the boudholders, who organized the
present company and completed the road.
Chicago City Certillcates.— The Comptrolle gives notice
'that the City ot Chicago is now prepared to pay in full, with
interest, all matured certificates of indebtedness issued by said
city, upon which the principal remaining unpaid does not exceed $3,000.
A second payment will also be made immediately
on account of principal of all matured certificates above the sum
of
"
$.'!,000.
&
I.
bonds,
sale of
this
January 23.
Connecticut Valley. Notice is given that the payment of
interest on the first mortgage bonds of the Counoclicut Valley
—
Railroad Company will be postponed for a short time. Notice of
the day of payment will be duly given. This course is rendered
necessary by reason of the payments made for interest due the
1st day of <JuIy last for rails and locomotive purchased since
September
1876.
1,
—
Georgia State Finances. Mr. John H. James, a banker of
Atlanta, Qa., and now a mieraber of the House of Representatives
of that State, has given his ideas on the management of the
State finances, in an interview with a reporter of the
Atlanta
Constitution.
Mr. James pays he would " sell Georgia Cs at par
to pay falling-due bonds in future, and we will boast of selling
68 at par, instead of 7s and Ss as heretofore. You can readily see,
if all our bonds were in 6s, instead of 7s and 8s, we would save
over one hundred thousand dollars per annum. I would not be
surprised to see Georgia 5 per cent bonds at par soon with good
A statement of the debt shows
It can be done."
$8,447,500 of direct bonds, and $2,688,000 of endorsements,
against which he estimates the total value of railroad property or
In reply to the question, "What is »he boat
liens at $8,189,000.
means to not only maintain but elevate our State credit?" ha
says
" Pay promptly the Interest on aB endorsed recognized bonds, and isaae
State bonds for them as soon as possible, riuming the satne time, and bearing the same rate of interest for all endorsemeiita where the Stale has boiiEht
or laken possession of the roads; issue new bends for all bonds bearing Bullock's nome on them. In both esses, make the holders pay for printing and
signing the bonds. My reason for doing this yon can understand at once.
The bonds, some of them bearing 7 per cent interest, are now under and
about par, while Georgia 7s are worth 107. When we issue Georgia 6s and
wish to sell them at par, Investors will take the 78 in preference. If we issue
Gt>orgia78 for these Bnliock and endorsed 7s, they are ihen worth above par,
and ou; of our way in selling 6s. and probably 53. Sora-j persons will say
the holders made money liy the exchange. Admitting they do, who is
If you help Ihe endliolder.by
the gainer » I say the taxpayers of Giorgla.
doing Lira justice, and not injuring the State, you will make him a friend
Georgia, and her credit. In time, when his bond falls due, and yon offer him
cash, or a five per cent bond, he will lake the bond."
:
1
and proposals are
w
Lalie Sliore & Michigan Southern.- The Lake Shore &
Michigan Southern Railway has filed its annual report with ths
New York State Engineer for the year ending September 30. As
we published, not long since, the report of the company for the
year ending June 30, 1870, and as the regular annual report to
December 31 will be due in a few months. It may be superfluous
This company, however, is
to give this intermediate statement.
one of such importance, that anything in regard to its affairs will
probably be of interest to some of our readers. To the figures for
1875-0 we have added those for 1874-5, in parallel columns:
RKCmPTS.
1875-6.
•
66,370
$I4,4I7,0J0
$U,741,6aO
$3,752,1&3
9,753,999
887,711
507.392
49,«3
Total
1674-5.
$1,999,639
9.86»,M)7
299,8:9
415.453
48,435
83, 3? 3
Passengers
Freight
Express
Mails
Bents
Miscellaneous
PAYMENTS OTHKR THAN FOR CONSTBUCTION.
Transportation
Interest, leases,
*c
Dividends (1 percent. 1875-6,
Paid to surplus fund
3X
1874-5)
«9,527,700
$10,788,511
*,993,433
l,»-9,660
116,247
li,835,469
1,61/7.066
In explanation of the item of interest, &c., the following note
is
appended
:
Interest on funded debt
$2,655,997
Less interea'. and dividends on assets
Dividend (10 percent.) on guaranteed stocK
Rental of four branch roads
183,867— $1,470,730
53,310
S89,S&3
Total
82,'I'93,433
number of tons moved
of the year was 5,489,108
one mile, 1,064,841,419, against 934,775,669. The average rate
per ton per mile was 0.933 cents, against 1.044 in 1874-5 a decrease of 0.141 cents, which amounts to $1,501,426 when applied
The tonnage
;
;
tonnage.
to the total
Milwaukee City Bonds.— The sum
of $100,000 of city bonds,
on the 1st of January. The last
loan was $100,000. on which seven per cent, interest is paid.
N. 0. St. Louis & Cliicago.— A decree of the court in New
Orleans, placing the property of the New Orleans Jackaoa & Great
Western Railroad Company in the hands of the trustees of the
consolidated mortgage bonds, with authority to sell the same, it
at six per cent., will be offered
was stated yesterday
at the office of the Illinois Central Railin this city, was obtained on Tuesday, and similar
decrees would be filed at an early day in Mississippi and elsewhere, providing judgment entered in the decree, amountiug, it
was stated, to $3,000,000, should be paid Into court, in cash,
road
Company
January. As the Illinois Central Comof the above-mentioned bonds, it thus
virtually obtains control of this Southern connection.
New York & Oswego Midland.— The General Manager of
the New York & Oswego Midland Railway, John Q. Stevens, has
made a report for the company, of which the following is an
before the
first
Monday
In
pany owns about $2,500,000
Chicago & Iowa.— In conformity to the provisions of a traffic abstract
contract between this company and the Chicago Burlington &
Qaiccy Railroad Company, notice is given that $72,200 have become Capital slock
'applicable to the purchase of C.
'invited.
foreclosure
1
road is announced to take place at Terre Haute, lod., January 31.
Notice is also given that bondholders must preeeui their claims
for allowance to John D. Howlaud, master appointed by the
United Slates Circuit Court, at his office iu Terre Haute, Ind.,
£67,000
130,000
5«of :8S6, dueiuLondon.... 418,380
«»of ISW, due in London.... 388,725
«s of 1892, duo in New York.
94,000
6«of !8r;, dueinNew York.
17,000
$5,054,970
Of the issue of 1873, $129,000 were surrendered by F. Wolfe,
assignee in bankruptcy, on payment of $45,000 by the State,
which extinguishes all claims growing out ot the disposal of the
Alabama & Chattanooga Railroad at bankrupt sale by Governor
'liindpay.
To holders of bonds hypothecated with H. Clewo &
Co., $570 0,^ was given for each bond of $1,0C0; of the $650,000,
all but $71,0U0 have been retired.
There remain yet, out of
recognized issues of 5,6 and 8 percent straight bonds, $2,200,000,
and there remain of Class "A" $2,344,100 to take them up. The
650,000 of issue February 25, 1873, are still held by Josiah
Morris & Co., who decline to surrender them, except on the order
of a competent court.
By the issue of $456,000 Class "B" bonds, the 7 per cent
issues to railroads, under the $4,000 per mile act, have been
retired to the exient of $984,000, leaving only $172,000 of these
yet out. The agreement with Alabama & Chattanooga Railroad
endori'ed bondholders for issue of $1,000,000 Class "C" bonds in
fnll settlement, has been accepted and will be carried out as soon
'H delay caused by litigation permits. All bonds taken up have
been cancelUd and burned, the bonds so destroyed amounting to
fll,.5C4,000, and coupons to $3,797,016.
The total bonded debt of
"A" 'B" and "C" to be issued is limited to $8,500,000; add $1,000,000
for State obligations, making a total debt of $9,500,000, and the
yearly interest on this cannot exceed $189,800 for the next five years
'
& Terre Haute.—The
"
management.
8,f00
Add
The
[December 23, 1876.
Pnndeddebt
FloaUng debt
STOCK AND D8BTS.
paid in...
as at last report
Present floating debt
Jl.fW.StS
18,073,609
6,481,960
6,4»9,W1
;
THE
December 23, 1876.]
(CHRONICLE/
The coat of road and cqulpmjDt ia stated at |36,338,408, an
against ^0,172,610 by previous report, a total expenditure during
tue year of |55,763. Tlie number of passengera carried was
Tlie total
234,870, and the number of tons of freight 238,I0;i.
expenseu of maintaioing tlie roadway was $151,610. The expenses of rppaira of machinery were $74,8S5, and of operating
the road $300,203, the total transportation expenses amounting
to $4S6,G9D.
The following is the table of cush receipts and
earnings:
rrom
From
na!!8cn$:ers
$114,708
,
864.107
frci(!lit
Other sources
Sf.'JXO
Total
$585,845
Payments other than
for construction
623
Commercial ®ime0.
$i)e
COMMERCIAL EPITOME.
PuiDAT NiOHT, December
The
;
:
Trantportatlon
St8S,699
lutcrost
S,M5
Sental of leased llDca....
tory feeling with regard to domestic politics, bnt Turkish afTairs
7!i,500
attract increased attention.
Total
.,
$-;68,';6fi
DsHcienc;
82,980
Sontliern and Atlantic Telegraph Co.-*— The N. Y. Stock
Exchange Committee on stocl£ list has admitted the stocl: of this
company to the call. The following ig from the statement submitted
Authorized
capiial stock, 40,000 shares, of $2i> each,
The issue of capital stock is limited to 38,000 shares,
$1,000,000.
Sd50,u00, by the terms of a perpetual lease of the lines and
property of the company to the Western Union Telegraph Co.,
dated July 10th, 1870. The rental at the rate of 5 per cent, per
Annum is payable at the office of the Western Union Telegraph
Company in
York, April Ist and October 1st, semi-annually,
commencing April 1st, 1877. C»pital stock issued, 33, 110 shares;
less unpaid stock called in, to be cancelled, 155 shares
capital
stock outstanding, 37,955 shares.
Property owned by company
2,329 miles of pole line, 3,778 miles of wire, with all nececsary
equipment. The lines run from Washington, D. C, through the
principal cities of the Southern States, to
Orleans, La,, all
other points being reached by connection with the Western Union
Telegraph Company, under contract dated March 25tb, 1875. The
company has no bonded or floating debt. Officers PreBident,
:
New
—
:
New
:
Charles
W.
Blossom
and Treasurer,
;
Vice-President,
22, 187$.
which usaally prevails o«
the eve of the Christmas holidays, has been Increased to some
extent by the occurrence of a snow storm, which has extended
over a wide area, and greatly impeded local transportation.
Speculation for a rise in staples of domestic produce has at times
been quite active and shippers have been favored by higher
exchange and lower ocean freights. There is a more satisfacindisposition to active trade,
Henry Hentz
;
Secretary
Europe
later than
December
We
4,
are without mail advices
and the delay begins
some inconvenience.
Pork baa been quiet and unsettled on the
to
from
causo
spot, but the specu-
lation for the future has been active at higher prices,
and at th«
February, and $17 30 for
March, showing some reduction from the highest point. Laid
was very buoyant on Wednesday, prime Western goingat $11
on the spot and for early delivery, but the closo
to-day was
$10 80 on the spot, $10 75 for December
and January, $1C 95 for February, and $11 05 for March.
Bacon has declined to 8},@9c. for city long and short clear.
Cut meats have also ruled lower and irregular. Beef is qniet,
but beef hams sell fairly at $30 for prime Western. Tallow haa
been doing riCtber better at 8i@8^c. for prime. Stearine
active at 10f@llc. Butter is dull and prices drooping, except for
choice lots. Cheese is in moderate demand and very firm, at 9(9
15c. for factories.
The following will show the exports from the
principal ports of the hag product, October 20 to December 19^
close to-day the bids
were at $17
for
wm
Blossom.
Union Pacific—Credit Mobilier.—The United States Supreme inclusive:
1875.
1876.
TncreiM.
Oourt, on the 13th inst,, heard the Credit Mobilier case, the Pork, Iba
6,61i,«no
]«, 196.400
3,54-,.2C0
3I.G6«,St<0
tjuited States against the Union Pacific Uailroad Company ap- Lard, lbs
t4,3«6,lt8.S
13,1»9,S.'7
54,878,847
79, 113,8 J?
»>,133,4aS
peal from the Circuit Court for the District of Connecticut. This Bacon and H., lbs
is the case brought by the United States, under the act of May,
Total, lbs,...
85,S£8,010
1S7,135.9«
41,8;7,)I32
1673, directincr the Attorney-General to cause a suit in equity to
Rio coffee has arrived quite freely, but the demand has proved
he instituted in the name of the Government against the Union
Pacific Railroad Company, on the ground that, as stockholders, active, and stocks are but slightly increased, while the visible
directors and officers of the Union Pacific Kailroad Company, supply for the United States is reduced to 109,300 bags quoted at
;
thoy entered into a combination to pervert the charter and abuse
19@19ic,, gold, for fair to prime cargoes. Stocks of mild grades
the trust confided to ihe corporation by dividing among them
are also reduced. Rice has been in good demand. Foreign froits
selves, under cover of corporate action, its stock, bonds, moneys
and other assets, etc. The court below sustained a demurrer to and nuts have been steady.
Teas are somewhat depressed.
the bill, holding that the United States possesses no power to Molasses continues dull and nominal for foreign, but fairly active
«ae for and recover this debt duo to the Pacific corporation, and
and firm for domestic. Raw sugars have remained dull and nom.
can give none to its Attorney-General.
inai at 0i@10c. for fair to good refining, and refined is quoted at
It is now urged that the court has jarisdiction to grant the
relief, on the grounds that the transactions were ultra mres and
12ic. for standard crushed.
void under the charter. On the part of the appellees, it is mainKentucky leaf tobacco has been only moderately active, bnt
tained that the United States does not stand in such relations to
the sales for the week aggregate 900 hhds., of which SCO were
the Union Pacific Company, by virtue of its charter, that, if it
were not for the act of 1873, this suit could be maintained and for consumption and 700 for export prices are weak on the low
that it is not within the power of Congress to create and confer grades lugs, 4i<a7ic., and leaf, 8@16c. Seed leaf has also been
on the Government the right to maintain such a suit.
very quiet, owing to the approach of the holidays, and some
Union Pacific— drOTernment Connter-claim.— The Court of general causes and the only sales reporte^ are 200 cases sanClaims had before it last week the case of the Union Pacific
Railroad against the United States, on a demurrer filed by the dries, at 7@35c., and 54 cases Wisconsin, crop of 1874, at TJc.:
company to the counter-claim of stt-oflF of the United States. of Spanish tobacco, 200 bales Havana at 85c.@$l 10.
The demurrer is designed to raise and have determined the
The business in berth-room has had to be stimulated by several
<iae8tion whether the Government, instead of paying one-half of
declines, especially in the grain rates; chartering tonnage has been
sums
earned
and
the
due the company for services, has the right
to extinguish the claim of the company thereto by an offset or rather dull, both grain and petroleum vessels; rates, as a rale,
counter-claim founded on the Gth section of the act of 1803, are without much change, though the tone is somewhat weak.
Tinder which "at least five per cent of the net earnings of said Late engagements and charters include
Grain to Liverpool, by
r*ad shall also be annually applied to the payment thereof."
3team, 7^d.; sugar, 40j. per ton grain, by sail, 8d., vessel to goto
The United States filed a counter-claim for 5 per cent net
earnings since November, 1809, and interest, amounting to shore; cotton, 5-16d.; grain to London, by steam, 9d.; hops, ^d.;
The case was argued by Mr. Bartlett, of Boston, for peas to Bristol, by steam, 8id.; cheese, 55s.; grain to Cork for
$5,000,000.
the company, and by As.siatant Attorney -General Simons for the orders, 03. Od. per quarter do. to Lisbon, 18c., gold, per busbel
United States, and was taken under advisement by the court.
C. C.
—
•
;
;
;
;
;
:
;
;
naphtha
& Canada.—The committee
appointed to procure the assent of the holders of securities to a
plan of final settlement announce:
That the holders of a considerable majority of the eight per
cent or trust bonds have signified their assent to the proposed
plan. That the Directors of the Vermont & Canada Railroad
Company have assented to the same. That a large number, but
not a majority ia interest, of the first and second mortgage bondholders of the Vermont Central Railroad Company have done the
same. That the Central Vermont Railroad Company, in the
exercise of the right reserved to it in the agreement as proposed,
has waived the assent of a majority of the holders of these lastnamed bonds, and has thereby made the proposition lindlngupon
it and its property, subject, of course, to the order of the Court of
Chancery. A petition to the court will be filed at once for a sale
of the property, with a view to carrying out the nrrangrment
and it has been agreed between the committee and the Central
Vermont Railroad Company that the books should be kept open
for all clasnes of securities until the action of the court upon said
Terinont Central— Vermont
Cork
for orders, 5s. 9d.
;
do. to Exeter, 5s. 9d.; case oil
to Gibraltar for orders, SOc.; if Adriatic, 35c.,
gold
;
refined petro-
To-dsy, there was a slight
improvement in berth-room, and a moderate business was done
but charters were dull and nominally unchanged. Grain to Llrerpool, by steam, 8d.; do. to London, by steam, S^d.
do. t»
leum, in
bbls., to
Trieste, Ss. lOld.
;
;
Bristol,
by steam,
9d.;
refined petroleum (re-let vessel) to tiM
Continent, excluding Dutch potts,
5s. 3d.
There has been a large business in spirits turpentine, and
figures have rapidly advanced, until 50@51c. was reached at th»
close there was a reaction, trade dull, and a decline to 49^0. must
be noted"; rosins, also, have been active and strong, but close
barely steady at $2 55(3)3 05 for common to good straiced. Petroleum has been dull and nominal at lOc for crude, in bulk, and 30o
for refined, in bbls. Ingot copper remains quiet at 19Jc cash. In
iron rails there was a sale of 2,500 tons on private terms quoted
Grass seeds have been unsettled.
at $38@40.
Whiskey has
advanced to $1 13, tax paid.
;
;
petition.
to
;
,
.
—
.
COTTON.
Thb Motrmbnt 07 THE
Crof, as indicated by our telegrams
For the week ending
this evening (Dec. 22), the total receipts have reached 171,596
bales, against 19C,43Q bales last week, 187,733 bales the previous
we«k,and 204,879 bales three weeks since, making the total receipts
Soutli to-nigUt,
tlie
is
given below.
•inee the Istof September, 1876, 2,899,430 bales, against 2,154,159
showing an increase since
bales for the same period of 1875,
The
Sept. 1, 1876, of 245,271 bales.
week
(as per telegraph)
Receipts tMs week
New
at—
1876.
Orleans...
details of the receipts for
and for the corresponding weeks of
five previous years are as follows
:
1814.
1875.
IM
1873.
1872.
18-.1.
59,619
49,062
74,240
29,193
38,125
Mobile
1!),01
19,148
81,417
19,982
9,203
17,278
CSurleston
Fori Royal, Jk.
24,303
2J,763
22,015
21,933
S«l
456
158
BavaDnah
27,815
58,780
26, '25
37,668
GalTefton
24,916
20,163
16,389
21,564
682
993
299
9,930
13,516
8,971
36,
Indianola. Ac...
Tennegeee, Ac.
2
15,525
14,788
21,381
26,880
945
}^.,023
11,033
6,762
8,792
6,038
future delivery, the speculation has turned again in favor of
operators for a rise, and a portion of tbe decline, which took
place towards the close of last week, is recovered.
Receipts at
the ports show a more decided falling off. though still liberal.
It is asserted in some quarters that the redaction is due to the
low water in the navigable streams, and to tlie deficient carrying
capacity of tbe local railways. Foreign advices have latterly
been stronger. To-day, there was a pressure to sell, and prices
receded 1 lG@3-32c.
The total sales for forward delivery for the week are 141,400
bales, including
free on board. For Immediate delivery the
total sales foot up this week 7,284 bales, including 700 for export, 3,658 for consumption, 2,930 for speculation, and
in
transit.
Of the above,
bales were to arrive.
The following
tables show the official quotations and sales for each day of the
past week:
—
UPLANDS.
New
Classification,
Ordinary
.
..%i
1,060
413
838
909
675
827
6,322
5,581
3,046
1,788
3,121
23,487
23,286
13,2>6
27,15t
10,970
6,706
Low Middling
Strict Low MKJdl'K
949
1,106
619
1,476
1,198
2,422
Middling
Good Middling
Ac.
Good
Strict
Total
tills
week
171,696
Total since Sept.
196,631
2,399,4.30 2,154,159
1..
164,760
21.-,698
103,443
127,013
Klon
Sat.
Mon*
Dec. 16
Dec.lj-
W%
Ordlnarjf
Good Ord'ry.
Strict
IIX
Middling Fair.
12X
12«
nn
13
.
Fair
!8X
exports for the week ending this evening reach a total of
160,860 bales, of which 104,323 were to Great Britain, 16,979 to
France, and 29,559 to rest of the Continent, while the stocks as
made up this evening are now 951,737 bales. Below are the
Btocks and exports for the week, and also for the corresponding
week of last season:
10),
iO%
IIM
liX
OX
IIX
115<
"X
Ordinary
¥
Strict Ordinary
Good Ordinary
12K
lax
12«
12X
12X
12X
13
13
Strict
Low
Good
Ord'ry.
13X
lox
;ox
Low Mlddrg
Good Mldd lug
Kxported to
this
Same
week
week.
1875.
Total
Dee.
Great
22.
a.i..i
Britain.
New Orleans*.
„
France
Contl.
ncnt.
11,279
6,503
53,356
9,035
9,035
35,571
Mobile
Cbarleetoc
12,871
Stock.
1876.
7,633
5,910
18,583
17,477
76,391
71,258
88,862
64,409
Bavannah
9,639
8,219
1,609
14,358
18,567
94,826
97.003
Ctalrestont
7,722
2,476
2,860
13,058
4,«(;7
1-20,906
86,954
N«w York
11,667
5
850
12,522
14,356 215,341
129,634
1,787
21,723
Norfolk.
21,911
Other ports^
6,209
1,011
6,220
Total this week..
104,322
16,979
29,559
150,860
Tatil since Sept.
821.007 200.26)
176,915
.
1
7,5-^
31,105
28,000
7,837
41,000
42,CG0
1.198.187 1,158.124
Liverpool, 62,500 bale": for llavre, I'i.S.'iO bales; for
for coastwUe ports, ;00 bales; which, if deducted from
'{'^"^ '"»''" representing
In
u,
a the quantity
j at the lanolugand
•
.*
aW'tUliig orders.
^'^Iveston telegram shows (besides above exports) on ship,
.J.2,"''!?*.'?".""*'"!!
board at th:.t port, not cleared: For Liverpool, 30,044 bales; for other foreign.
"*"''= """=' " """"""^ """^ '"' "-"="'
'*,,'%«,'?",'""'•/'"
i?.JitP.°/'.
continent, ll.OW
bales;
•
™™.'', '"??'"' '"**",
presses unsold or
Should &ei?mXl'nri'«?98Klis'''''
-,™''^^*J'',°''". "'!'. "**'' under the head of "other ports" Include from Baltl
I-'™rpooI; from Boston, 3,509 bales to Liverpool; .fom PhllaS.S!^^.. S^K ,'"
"'°'" ^""'"K'oni «» bales to Liverpool, and
^Wl biuesw Contracnt*''^'^
Th.
Fri.
•Th.
Dec.21
DecJU
Ordinary
* B.
Strict O'dluary
Good Ordinary
lOX
lOX
lOX
:ox
Ord'ry.
11«
itX
Low
Good
Middling
Strict Low Mlddl'g
Middling
Good MlddHng.,
Strict Go. d Mlddl'g
Middling Fair..
Fair
KKCBirTS
SZKCI SEPT.
PORTS.
1876.
EXPORTED SINCE SEPT.
1.
1875.
1
TO—
Great
Other
France
Total,
BrlUin
forel'n
Coast-
wise
Stock.
PorW.
N. Orleans.
Mobile
662,558
513,426
4J,.397
3b4,7J4
43,77;»
293, C50
206,164
17/.485
39,773
9,808
12,070
61,649
78,182
70,685
Charlesl'n •
827,643
2i9,037
91,729
29,758
33,833
155,320
61,451
89,065
Savannah
27,997| :03,239
123,115
8'',n3
103,445
123,537
168,863 121,531
..
30J,OM
319,231
68,331
6,961
iBolreston*.
313,796
251,672
76,487
8,657
6,415
91,5S9
NewYork..
40,770
54,679
141,453
4,968
10,561
15S,93o!
Florida.....
10,771
6,671
N. Carolina
78.510
6S458
10,735
Norfolk*..
Otber ports
337,026
56-,759
42,373
29.110
41,891
Tot. this yr.
Tot, last yr.
49,50
2,227,8:14
206,:01
Good Ordinary
Strict Good Ordinary
6,157
16,912
1,321
45,196
5,667
5J,S68
51.841
10,811
716,635|183,283
4T,S56 1017,3;7
237,661
54,600
23,000
72J,2J8
959,4)5
1,9.57,523' C33,4]l'l'i0..'-no'2;8,23l!l030,lJ2 7.37,524
•UnderthelieadofCTaWMWnls
738.037
Included Port Koyal, 4c.; under the head of
under the head of Ifcr/oik la Included City
SoJtiartoa Is Included Indlanoia,&c.;
Point, &c.
Theae mail returns do not correspond precisely with the total of
the telegraphic figures, because in preparing them it is always
necessary to incorporate every correction made at the ports.
The market this week has been quiet for cotton on the spot.
^Jufi^ess for export was nearly at a standstill, and sales for coaeamption and speculation were quite moderate, although Wed.
lox
lOX
nx
12
!?«
I2X
12X
I2X
12 s
n\
I'^X
12X
18X
18X
13X
12X
isx
I3X
14
11^
nx
,
12X
I2X
12X
13X
14
Dcc.30. Dec.i9
Dec.2().
low
lOX
lOX
lOX
lox
11 7-
11 7-16
11 7-:6
I2H
IIX
12X
12 5-l«
12 5-16
12 5-16
12 5-16
ivx
I2X
12X
12X
18K
12X
IVA
1S!<
,3X
0}i
na
2X
iojI
l3'/i
14
14
Tb.
FrI.
Fri.
Dec 32.
lox
lOX
lOX
lOX
lOX
10*-
IIV
lit:
11^16 iiT-;6
11
.
12
12
12
12!i
12 7-16
12X
12 J-16
12V
13
li*^
13X
14X
13X
UX
12^-1«
12X
12X
IS
13
18X
13X
14X
MX
!0
10
10
10
lox
10«
lUX
11
UX
UX
lOX
18X
IIX
lOX
lOX
UX
"X
II
IIX
Frl.
DecJO. Dec.21. pec.22.
lOX
IIX
-16
fi .-16
Man. Tues WeA. Th.
U
Middling
Middling
and
14
liM
iix
Low
Sales of spot
12X
13X
I2X
12K
13X
rn. Th.
Sat.
UX
I
transit cotton:
BALXa <F SPOT AND TEAf
Exp't.
Con-
Spec-
Tran-
sump.
ula'n
sit.
Saturday
330
Monday
145
134
Tuesday
Wednesday
475
7t9
Total.,
roTl'BES.
BIT.
Deliveries.
Sales.
^,000
1,141
421
216
60
828
838
600
1,2:5
Friday
1,3'3
30,000
12,700
2;,800
so.aio
:,5X
3,1.900
L-HM
141.400
;94
2,103
3,658
401
600
400
I, "00
1.60O
I,'
00
J.-fO
For forward delivery tbe sales (including
free on board),
have reached during the week 14! 490 bales (all middling or on
the basis of middling), and the following is a statement of the
sales and prices
For December,
CIS.
hales.
lOOs. n.2)th..UX
200
li 5-a
lOOs.n. 18;h.li S-l-i
4J0 8.n
14 1-16
4iJ0a.n. 18th.
3-l«
3-18
2»s.n.
10.l8.n.2l6t.'2 S-15
8X)
12 7-32
I0Us.n.l9i.h..l2 7-32
lOD B. n. nst. 117-33
100
12 )«
300
12 i-»i
U
mh.U
12 5-16
11-31
1,000
1'l
100 «.n.26 h..l2)J
12 13 82
12 ;-16
1,800
700
12 15-32
2il0
1,602
m
12 «-:6
I2X
W^ed.fTnes ired.
Dec.;6. Dec.'iS. Dec.i9
300
10,711
wx
lOX
lOX
UX
U^
12 H
12X
12X
12X
'ill
12 5-16
DecJJl. Dec.22. Dec.'l. Dec.22. Dec.21,
1114
Thursday
•'?'"? *^* foregoing statement it will be seen that, compared
with the corresponding week of last season, there is an increase
in the exports this week of 32,878 bales, while the stocks to-night
are 198,813 bales more than tbey were at this time a year ago.
The following is our usual table showing the movement of cotton
»t«U the ports from Sept. 1 to Dec. 15, the latest mail dates:
12
iX
127,984 951,737 762,925
*"" Orteam.—Oar telegram lo-nlglit from New Orleans «liow» that (bealdei
uoTeexporlB; the amount of cotton on shipboard and engaged for shipment
at
12
18*
Strict
0%
ll>«
11?
il"
18X
Fair
'lU
7-16
'l^
!2H
14
.20
IIX
I'X
12X
U
Vi%
i2K
18X
lOK
"H
12X
isx
13X
1875.
49,813 280,806 231,527
',9.
•.in
Good Mlddl'g
Mlddlng Fair
12X
121*
12 5-16
"K
Wed
Dec
lox
nx
nx
iix
nn
Middling
11^-16
ISX
1S«
10>f
iiH
Wi
Middling
Strict
ux
12)4
12!W
an
X
lOX
lOK
'OS
lox
'9«
11«
12
Dec .80 Dec.
!0X
lOX
IIH
IIX
lb.
ox
I
ilX
Strict
Week ending
lox
Tues WeA. Toes
Dec.!9.
The
10!<
UK
Good Mlddl'g
.986,618 1,740,196 1,630,587 1,250,379
OHLEANS.
N.
Sat. Moil. Sat. inou. Sat.
Ik.
6,385
ALABAMA.
Dec. 16. Ucc.lS Dec. 16. Dec. 18, Dec i6.lDec.l8
Strict Ordinary
Nortb
Norfolk
City Point,
Quotations remained
unchanged, though the market gradually hardened, and it became more and more difficult to effect purchases at the figures
given, until yesterday, when there was an advance of ^c; still,
the volume of business continued small, and was maluly for
speculation. To-day, the market was quiet and unchanged. For
Florida
Carolina..
[December 23, i876.
nosday reported a pretty liberal aggregate.
Friday, P. M., Dbc. 22, 1876.
thiB
:
THE CHRONICLE
624
from
:
.
7,100
toUl Dec.
For February,
dales.
eta.
12 n-SJ
12 9-18
3,800
2200
5,100
12 19-32
..••!''!%
1.9.0
K
5110
'n-si
SOJO
12 11-16
S.SX)
12 2i-3i
700
12V
122V32
4,701)
6.600
3,110
100 ...:
12 13-'.6
13 37-34
600
9,708
1500
5,(00
I.COC
3,900
100
2,400
S.410
12 9-32
12 5-1'i
12 11-32
12X
12 13J2
12 7-16
U
2,800
100
1,S00
4,100
13
18 1-32
13 1-16
13 S-32
13
13
:3X
i-M
316
bales.
6J0
13
I.IW
s.soo total
103.,
13X
200..
300...
13 1332
.
...13 7-H
.13 15.32
...13 916
..13 19-S2
41)0..
100
200
Via
8(10
1213-11
1127-32
300
1310
i.mi
7,100
3,0J0
2,500
3(10
29,'20a
total
March.
«90
12 29-32
Jane.
For July.
18 7-32
;3;<
12 25 S2
n%
n-32
13 9-16
13 19-34
i393W
50)0
S,S«
IJOO
13 29-32
13 15-16
12 31-33
13
13 1-32
13 1-16
18 3-82
13
600
500
1.6)0
1.000
18X
1.0)0
3,(100
400..
300..
500..
*J0..
13X
TOO...
2--.32-
cts..
13 13-82
100
For May.
For March.
2
12 17-ii
Jan.
700
I.COO
S.CDU
ctp.
13 15.16
12 31-33
lax
For April.
6,900 total
I.IJO
4,100
Feb.
15-32
12X
38J0
25,200 total April.
S5,5«5 total
l,'20O
For Januarv.
hales.
UU
13 5-33
13 3-16
13 7-32
IS 9-32
13 il.33
2J0
1,1
H
500
300
3,100
l.'J-32
7.-.«
13
13 15-31
toui Jiuy.
For AUgTtSt.
13?)!
13
1
100
300
100
300
400
IS 15-32:
13 17-33
IS ».1»
13 1116.
13J(
13 35-32
3.000
4,600 total
..13 3132
..13 S3-32
May.
4,'2^«
total
Ang.
For June.
500
100
500
810
600
137-32
ForSepteir.her.
135«
300
13
9-.S2
'.00
13
.Mi
13 1133
ISX
137-:6-
4a0toUl Sept.
The following exchange has been made during the week
Xc pd. to exch. 100 Dec. for rth.
:
:
..
December
The
quotatioai, and the closing pricet
ebow spot
followiasr will
bid for future delivery, at the soveral dates
named
UH
UH
1« 5-3!
n t-Vi
12 3-l«
IS
January
February
March
Mi
U
Mod.
Bat.
Frt.
IJ :7-3!
Jane
IJ-SJ
23-3J
12 ii-il
13 1-ls
13 7-T4
July
ISH
13 Is-3J
«
Aorll
Hay
liH
13 »-1!
13 l3-3i
13 15-3a
13S
I3V(
13 S<
eold...
107S
I.SUH
H)7V
4.^0H
i%
613
I.IU
4'.1
iS.S.'O
19,}UJ
,.
Saleaanot
bales future..
Thb
13
13 3-1«
13 l'.-31
>s-i<
Anguat
September
nrcbanae..
U U-M
n l«-3!
U 13-1«
u n-a
13W
.
IJ 7-31
111
;-3J
12 .V-li
t! >S-1«
\iii
Wed.
Tuea,
liK
I2X
13 13-3i
13 19-32
12 7-«
li n-ij
1) 27-32
13 1- e
13 »-32
13 IS-32
13 11-32
12 13-31
12 21-3!
..
13 1-11
13«
1U3-3!
11 t-m
i;k
12
I
'.-32
12 7-l(
12 23-32
12 15-I«
1« S-32
13 i-ie
;m
12,700
2V.3IX)
Britain the past week, and
bales to the Continent while
the receipts at Bombay during this week have been 14,000 bale*.
The movement since the 1st of January is as follows. These are
the figures of W. Nicol & Co., of Bombay, anH are btoaght
down to Thursday, Dec. 21
/-Btiipmencs this week-.^
Great
13 lS-32
ISV
13X
13 211-32
II 27 »2
13 23-32
ibVx
«.'«x
iir.H
ioVx
«.S«X
S.103
23,100
1,.S19
4.91
1,501
18«
IU7)<
BoMBAT SaiPMBNTB. —Aocording to oareable despatch reoeived
have been
bales shipped from Bombay to OrMtt
;
rn.
Tbara.
12X
li«
I2X
'"<
625
lo-day, there
[tnoOLlSa QPLiLaDB— IklHBIOiLH OI.AUiriOATI0S.
Onipot
Uecomber
,
CHRONICLE.
•rHJ3
23, 18;6.J
~
:
3),(K0
VieiBLK Supply ov cotton, as made up by cable and
The continental stocks are the figures
telegpraph, is as follows.
of last Saturday, but the totals for Great Britain and the adoat
for the Continent are this week's returns, and consequently
brought down to Thursday evening; hence, to make the totals the
complete figures for tonight (Dec. 23), we adil the item of exports
from the United States, including in it the exports of Friday
Britain.
1876
1875
1874
4,000
8,000
ConUaent. ToUI.
7,000
10,000
3,000
t.Om
.-Shipments tinea Jas 1-.
Great
CobTotal,
Britain, tinent.
.
581.000
79S.00O
8)8.030
401,030
gS4,000
454.000 1,2.M,000
401,000 1,239.000
.— Beeelptt.—
Wace
TliU
wrek.
Jaa.l.
14,000 1.109.000
7,000 l,80Si)00
18,000 1.305.000
From the fore^roing it would appear that, compared with Uat
year, tbere is a decrease of 7,000 bales this year in the week's
shipments from Bombay to Europe, and that the total movement
since January 1 shows a decrease in shipments of 367,000 balee
compared witn the corresponding period of 1875.
—
Weather Reports by Teleobaph. The weather the past
week has been cold, with rain in some districts, but otherwise
favorable for farm work. Picking U now about completed alnuMt
everywhere.
only
1875.
I87«.
atoCK at Liverpool
Stock at London
1874.
1873.
4m.000
5S4.0O0
46,S»)
53,7'iO
541.003
111,790
474,000
166,000
53S.150
606,750
652,750
68a.C03
140,000
3.O0O
37.000
lO.OOO
38,750
162,250
110,500
9.000
44,500
26,010
75.000
18,250
4,500
13,000
84,000
8.500
17,000
13,5J0
23,500
71,250
22.000
11.250
87.000
.,
Total Qreat Britaia stock
Stock at Havre
Stock at Maraeilles
Stock at Barcelona
Stock at HambUFf;
Stockat Bremen
2,2.10
11.750
9.«oO
10,000
47.000
14,000
29,250
50,000
9,26«
6,5Ca
7,000
£03,250
3*6,500
317,253
232.000
Total European stocks
847.5C0
India cotton afloat for Europe .... W8.000
American cotton afloat for Europe GS'.OOO
Hffypt, Brazil, Jfcc, afloat for B'rope
8.j,0O0
033,250
»70,njo
912,000
116,000
607,000
81.000
752,925
112.151
125,000
081,000
89,000
771,994
155,760
148,000
374,000
SI.OOO
708.711
•25,000
11,000
lO.OOO
2,637,336
«,633,774
2,391,481
Stock at Amsterdam
Stock at Rotterdam
Stock at Antwerp
Stock at other continental porta..
Total continental ports
Stock In United Slates ports
Stock In U.S. interior ports
951,737
151,790
20,000
Oaitetl States exports to-day
Total visible sapply. .
Of the above, the
. .
baies.2,770,033
totals of
American and
Liverpool stock
Continental stocks
American
afloat to
Europe
DnitedSUtes stock
.
United States interior stocks
United States espoits(o-dsy
Bast Indian, Bratit,
Liveriwol stock
48,fi0a
230.000
126 OOJ
0'27.000
6)7,0IX)
D51,737
752,925
122,151
25,UOJ
20,000
I34.7'-0
her descriptions are at follows.
230,000
192,000
150.71)6
13500
165,000
103,000
531.000
771,991
155,781
11,000
87.000
80,000
371.000
706,711
132,770
10,000
1,863,076
1.731,774
1,392,431
321.000
52,750
200.500
116.000
81,000
379.000
111,750
214.250
125.000
69,000
887,000
185,000
202,000
143,000
81,0^0
774,250
1,883,076-
899,009
1,734,774
1,392,481
2,637,326
2,6.3.3,774
2,391,481
Ac.—
4fi,t50
116.250
108,000
65,000
Total East Indla.Ae
Total American
Indianola, Texas.
—
It
sprinkled here on one day of this week,
the rainfall reaching five hundredths of
an inch.
The
ther-
mometer has averaged 53, the highest being 72, and the lowest
We had a killing frost on one night. The remnant of the
34.
crop Is moving rapidly. The fields have been picked clean.
Corsicana, Texas. The weather during the week has been
cold and dry, the coldest for years, there having been frost and
Average therice nearly every night.
All picking is finished.
mometer, 46 highest 65, and lowest 19.
Dallas, Texas. There has been no rain this week, but it luts
been very cold. Picking is finished, and planters are sending
t'leir crop to market freely, being unable to hold, even where
they are so disposed. The thermometer has averaged 49, the
extremes being 17 and 58.
It has rained severely on three days
Jffew Orleans, Louisiana.
this week, the rainfall reaching four and sixty-one hundredths
Inches.
The thermometer has averaged 51.
Shreveport, Louisiana.
The early part of the week has been
clear and cool, but the latter part cloudy, damp and disagreeAverage thermometer, 43
able.
highest 61, and lowest 23.
The rainfall is tbirtynine hundredths of an inch. Speculators
and Ijrokers are very active ia handling the new staple, and tha
—
;
—
—
—
;
263.000
London stock
Continental stocks
India afloat for Europe
Bgypt, Brazil, &c., afloat
— We
have had a drizzling rain on two days
The weather
has been severe in the up-country. Picking is finished everywhere. The thermometer has averaged 55, the highest being 66^
and the lowest 35. The rainfall for the week is thirty-two hundredths of an inch.
(Jalveston, Texas.
of the week, and a frost, but not a killing frost.
5^.500
3,171,533
939,000
business transacted has been immense.
—
Viek^urg, Mississippi. We have had rain on three days this
week. The rainfall ia one inch ani nineteen hundredths. The
thermometer has averaged 46, the extremes beine 18 and 06.
Columbus, Mississippi. The weather the earlier part of the
week has been clear and pleasant but during the latter portion
—
;
TotalvlBible sapply... .bales. 2,770,033
Price Middling Uplands, Hverp'l. 6 9-16d.
8 15-16d.
7Xia7«id.
8Xd.
increase in the cotton in sight to-night
These figures indicate an
of 132,707 bales «{i8 compared with the same date of 1875, an
iiuireaie of 136,3.>9 bales as compared with the corresponding
date of 18'U, and an %7U)rea»9 of 378,552 bales as compared
with 1873.
'
At the Interior Ports
the
movement — that
the receipts
and shipments for the week and stock to-night, and for the
corresponding week of 1875 is set out in detail in the following
statement:
is
—
Week
ending Dec.
22, 1876.
Receipts. Shipments. Stock.
Aaen8ta,Oa
Columbus, Qa
Macon. Ga
Montgomery, Ala
..
io,«ro
4,696
4,104
3,46 i
9.313
3,358
2 8
1,888
(est.)...
5C0J
4,47il
22,903
Week
ending Dec.
24, 1875.
Receipts. Shipments. Stock.
I
|
10,045
8,264
3,515
Nasbvilie, Tenn...
i.mi
13.4-7
2.783
16,187
10,439
11,651
12.422
7,000
85,454
7,643
Total, old ports.
5:i.43S
83,057
130,796
53,0;5
48.527
1«,151
2.3Sfl
8.S36
1.9^4
3,99^
2,0:4
K,952
8,348
8 2
8,4:12
4,6.33
9,oor
7,423
2,005
2.056
4,987
5,000
2,078
2.5.0
4.996
6,0 8
9,613
2,f00
3,74 i
4,067
1,257
4,129
Seima. Ala.
Mempnis. 1'enn
Dallas,
Texas
. .
..
Tex
Jcflferson,
Shreveport, La.
Vlcksbnrg, Miss..
Columbus, Miss.
Bufaala, Ala
.
Oa
Atlacta, Qa
Griffin,
Rome, Ga.
Charlotte, N. C.
..
Mo..
.,
St. Louis,
Cincinnati,
Total,
O
new ports
Total, aU....
7,118
15,211
2,3:0
4,718
23.593
4,203
1,7:4
2,361
3,150
20,269
2,849
58.972
5.801
.3,692
423
3.814
4,9)4
871
2,103
1,114
3 310
1,2'.3
1,1.57
7,0:11
1,890
1,742
3,7<2
067
Ml
1,671
1,3.34
3,045
1,160
3,914
1,924
2.9 -.2
10,444
0,917
6,4'«
1.863
.2,828
2211
2,300
15,222
7,189
2,256
18,146
3,121)
li.e.ia
.5,-331
862
34,120
12 294
17,688
9,617
8,476
9.5.52
10..525
)
0,1 96
4,56.';
2.fjf0
19,106
8,435
51,6S0
45,570
91,819
50,955
44,182
70,770
105,116
83.627
245.615
108 990
92,709
192 921
The above totals show that the old interior stocks have
inertated during the week 15,370 bales, and are to-night 28,G15
ioales more than at the same period last year.
The receipts at the
same towns have been 401 bales more than the same week last year.
we have had
rain.
The
rainfall lor the
week
is fifty-three
hun-
dredths of an inch.
LittCe Rock, Arkansas.
—
— We
Telegram not received.
have had rain on one day this
Nashville, Tennessee.
the rainfall reaching fourteen hundredths of an inch.
thermometer has averaged
est 21.
33,
week,
The
the highest being 45, and the low-
—
'Memphis, Tennessee. It has rained on three days this week
the rainfall reaching twenty-five hundredths of an inch. Not
exceeding 15 per cent of tiie crop now remains on the plantations according to the best information; picking is completed,
Tiie average thermometer for the week is 35, highest 56, and tha
lowest 16.
Molnle, Alabama. The earlier part of the week the weather has
been clear and pleasant, but the latter part has been showery
one day, and has rained severely on one day, the rainfall aggregating one inch and sevon hundredths. The thermometer has
averaged 46, the highest being 63, and the lowest 23.
Montgormry, Alabama. The early part of the week has been
clear and pleasant, but during the latter part it rained severely
on two days, the rainfall reaching one inch and thirty-seven
hundredths. The thermometer has averaged 43, the highest
being 61, and the lowest 21.
—
—
—
—
—
8elma, Alabama. The weather has been cloudy and warm,
with rain on two days.
Madison, Florida. Telegram not received.
Macon, Oeorgia. It has rained on two days this week. The
thermometer has averaged 46, the highest being 68 and the lowPlanters are sending their crop to market freely.
est 31.
Alltnia, Oeorgia. There has been no rainfall during the week.
The thermometer has averaged 39, tlie higliest being 60 and the
lowest 14.
Columbus, Georgia. The rainfall during the week has agtrregated two inches and fifty hundredths. The thermometer has
ran<;ed from 22 to 60, averaging 45.
Bavannah, Oeorgia. We have had a very light rain on two
days of tlie week, but the rest has bi^en pleasant. The thermometer has averaged 48, the highest bieiug 65. and the lowest
36.
The rainfall for tha week is two hundredths of an inch.
—
—
—
:
,
:
THE CHUONICLR
626
—
Avgutta, Georgia. We have had light rain on tvro days the
week, but the earlier part hsa been clear and
pleasant. The thermometer has averaged 43, the higheat being
S9 and the lowest 31. The rainfall is ten hundredths of an inch.
About three-quarters of the crop has been marketed; and it is
being cent to market with freedom. Last week we had light
rain on two days, the rainfall reaching twenty-four hundredths
of an inch.
latter part o( the
Carolina. — We have had
a light shower this
Charleston, Soi'th
week on one day, the rainfall reaching three hundredths of an
inch. The thermometer has averaged 47, the highest being 03
and the lowest 28.
The following statement we have also received by telegraph
showing the heisrht of the rivers at the points named at 3 o'clock
give last year's figures (Deo. 23,1875) for comDec. 31,
parison.
^Dec. 83, '75.r-Dec. 21, '76-,
We
Feet.
14
New Orleans.. Below high-water mark
iDcb,
8
Feet,
Incb.
II
1
4
Memphis. ..... Above low-water mark
3
3
33
B
5
1
H
KaRhville
Above low- water mark
4
11
3
8
Shreveport. .. .Above low-water mark
81
G
5
10
Vlekebnre.... Above low-water mark
New Orleans reported below high-water mark of 1871 until
Sept. 9, 1874, when the zero of gauge was changed to high- water
mark of April 15 and 10, 1874, which is G-lOths of a foot above
1871. or 16 feet above low- water mark at that point.
—
GUMNT Bags, Bagging, &c. Bagging has <:ontinncd to rule
dall during the past week, and the demand has been only of a
small character. Holders are quoting lie. for standard and tO^c.
for light. Bales are nominally quoted at 9i@9ic. for India.
Butts are ruling firm, with small sales making from store, for
which 3i@3fc. have to be paid. The arrivals during the week
have been quite heavy, footing up 8,461 bales, all of which have
gone into manufacturers' hands, with the exception of about 1,500
bales. Prices are quoted at 3i@3 5-16c.
—
Cotton Exchange Reports. There are some particulars in
which our statement of the result of the Cotton Exchange reports
needs amendment
MrH—The Galveston
Exchange send us
their report this week,
which shows a net increase of 3 per cent in the yield of the State.
We gave it, in the absence of any report, the same as last year.
This correction should therefore be made.
Seeond The Norfolk Exchange report, as published, appears
not to have been according to the intention of the compiler. We
followed copy, which was the same as published in the Norfolk
—
papers.
The
that
should
Secretary of the Exchange,
have
read —
however, writes us
" 18 report a decrease (instead of
o report an increase of 7^ par cent,
" and 3 about the same as last year." If we make this amendment, North Carolina would show a net decrease instead of
it
" increase) of 18 per cent
;
increase.
—With regard to the
disagreement between the Memphis and Nashville Exchanges, as to Northern Alabama, the following letter will be found to be of interest. It should be stated,
however, that although there is a difference in the section
reported by Memphis and Nashville, yet, as we understand it,
the Nashville district includes all of the Memphis counties as
well as others. Our correspondent's experience, however,, probably furnishes the true explanation
Cincinnati, Ohio, December 19, 1876.
T?iird
[December
Dec.
Baleeof thoweeH
ITorwarded
bales.
Sales American
of which exporters took
of which specalators took
Total stock
of which American
Total import of the week
—
New York:
Dbab Sirs Your last issue calls attention to a remarkable
disagreement between the reports of the Memphis and Nashville
Exchanges with regard to the crop of North Alabama the for
mer estimating it 20i per cent, leea than last year, and the latter
putting it the same as last year. Having just returned from a
month's trip through that identical section,! thin\ I can partially
explain the discrepancy. My traveling was done on horseback
chiefly, and during the trip I visited more than a hundred plaatatioDS, and conversed with the owners about their crops; also,
Bought information from the local merchants. In that part of
North Alabama lying west of Decatur and Athens, the opinion
was universal that the crop was less than last year by 15' to 35
per cent. On some plantations, it was 50 per cent short, while
an occasional party would claim to have a ciop equal to last
—
Now,
Dec. 8.
65,OCO
4,000
30,000
4,000
It.OOO
4S.3.000
17.1,000
188,000
85,000
64,000
fid.OOO
of which American
Actnalexport
Amountaaoat
Dec.
33'),000
25'J,000
15.
Dec. SJ
1C3,COO
6,000
41.000
(,9,000
H.OOO
e7,0O«
0,000
8.000
493,000.
230,000
7a,000
63,000
6,000
451,000
400,000
%fiM
21,000
488,000
220,000
110,000
£0.000
5,000
406;000
345,000
38,000
4,000
3?5,000
320.000
5,fl00
..
,
of which American
The foliowinK table will show the daily closing prices of cotton for the week:
Satnr.
Mon.
Tnes.
Wednes.
Tbnrs.
Fn.
^dOU
Mid. Upl'ds ..@6;i
..®6!4
..©« 3-10 ..@ 6 9-1&
..mH
..@«X
Mid. Orrns ..©J r.-]6..@ll 11-16. .©^i 11-16. .©6 11-16. .©6^
..&&H
Fuluree.
These
sales are
Low
on the basis of Uplands,
Middling clause, uulesa other-
wise stated.
SiTCnDAT.
Nov.-Dec. shipm't. eall, 6 7-16®U-C2d.
Nov. shipment, sail. 6>id.
Dec-Jan. shipment, eail, 6 IT 32d.
Jan.-Peb. delivery, 5 7-163.
Peb.-Mar. delivery, 6 15-3i©Jf d.
Mar.-Apr. delivery, 6 n-32@9-16d.
Apr.-May
delivery, 6 9-16d.
MONDAT.
Dec. delivery, 6 7-16®15-32d.
I
Dec.-'Ian. delivery, 6 7-16d.
Jan.-Feb. delivery, 6 15-3M.
Mar.-Apr. delivery, 6 0-16d.
Apr.-May delivery, 6>4@21-3ad.
Nov. shipment, sail, 6Vid.
I
I
Jan.-Feb.shipm't, eaU. 6 9-16®19-3ad.
Jan.-Feb. delivery, 6'/5d.
Feb. -Mar. delivery, 6 n-32d.
Mar.-.\pr. delivery, 6 19-32a.
Dec- Jan. shipment, sail. 6 0-16d.
delivery, 6 21-aSd.
Apr.-May
TOEf-DAy.
Jan.-Peb. delivery, 6 15-32d.
Nov. shipment, sail, 6>^d.
Mar.-Apr. delivery, 6 9-16®19-3Jd.
Peb.-Mar. shipment, sail, 6 ll-16d.
Apr.-May delivery, bjtid.
Peb.-Mar. delivery, 6 17-32d.
May-June delivery, 6 ll-16d.
Nov.-Dec. shipment, sail. 6>^d.
Nov.-Dec. shipm't, sail, 6 i6-32d
Jan.-Feb. shipment, rail, 6 19-32d.
Mar.-April shipment, sail. 6^d,
Jan.-Feb. delivery, 6!^d.
Apr.-May
delivery, 6 21-32d.
Wbdnbsdat.
Apr.-May delivery,
Peb.-Mar. delivery, 6 17-32d.
Mar.-Apr. delivery, 6 19-32d.
Apr.-May
May- June
Nov.-Dec. shipment,
6 ll-16d.
Dec-Jan. shipment, sail, 6 ti-l<i@,Hd.
Jan.-Fcb. shipment, sail, B 21-32d.
Mar.-Apr. delivery, 6 21-32@JJd.
delivery, 6 21-3Jd.
delivery, fi ll-16d.
Dec
sail, tii^d.
delivery, 6>id.
Peb.-Mar. delivery, reg. con., 6 19-32®
Tan. -Feb. shipment, sail, 65<d.
Dec-Jan. dehvery, 6 15-aJd.
Mar.-Apr. delivery, ti>id.
6 9-I6d.
Nov.-Dec. shipm't, sail, 6 !'-82d.
Dec-Jan. shipment, sail, 6 19-32d.
Jan.-Feb. delivery, 6>id.
f"eb.-Mar. delivery, 6 9-16d.
Thcebday.
shipment, sail, 6 9-16d.
delivery, B 21-32d.
delivery, 6 23-32d.
delivery, 6 S5 32d.
•lan.-Feb. shipm't, sail. 6 n-16d.
Nov.-Dec. Bbipmsnt, sail, 6 19-32d.
Jan.-Feb. delivery, 6 17-32®9-16d
Mar.-April deliyery,6 21-32@ll-16d.
Nov. shipment, sail, B 9-16tt.
Dec.-.Tan ehinment, sail, 6^d.
Dec. -Jan. delivery, 6 9-16d.
Feb.-Mar. delivery, 6%i.
Apr.-M.ay delivery, 6 U-16@Kd.
Nov.-Dec.
Peb.-Mar.
Mar.-Apr.
May-.)nne
FsmAT.
Dec-Jan. delivery,
6 19-3J@Jid.
I
ll-;6d.
Mar.-Apr. delivery, 6Ji®21-3M.
Apr.-May delivery, 6 l3-16@«&-32d.
Nov.-Dec. 8hipm't,9ail, BJgd.
Dec-Jan. shipment, sail, 6 2i-32d.
Jan.-Feb. shipment, sail, 6Jid.
Mar- Apt. shipment, ^ail, 6Jid.
Peb.-Mar. delivery, 6 21-32d.
Jan.-Feb. delivery, 6 19-S2d.
Nov.-Dec. shipmeiit, sail. 6 19-32x1.
Mar.-lpr. dellvry, B ll-16d
Apr.-May deUvery, &%A.
Dec-Jaii. shipment, sail, 6 21-32d.
New
York, this week, show an
The Exports of Cotton from
increase, as compared with last week, the total reaching 12,53'i
Below we give our usual
bales, against 9,410 bales lac' week.
table showing the exports of cotton from
York, and their
direction, for each of the last four weeks; also the total exports
and direction since Sept. 1, 1876; and in the last column the total
for the same neiiod of the previous year:
New
Ejcporta ot Cotton( balea)
from fiew York sIDCeSept.I. 1816
WX5K BNDINS
IXFOBTKD TO
:
Editor) Financial Chronicle,
1.
101.000
8.000
41,000
7,000
29.000
452,800
23, 1876.
Nov.
Dec
!9.
Liverpool
other British Forts.
17,720
Dec.
Dec.
13.
20.
lti,153
Sasaa
period
prev'ns
date.
year.
14,386
8,350
1
1,667
147,977
7,143
160,666
I,44t
14,386
9,319
1I,C67
165,120
162,0t'»
5
4,973
1,«08
433
Total to Gt. Britain
Total
to
Savre
Other French ports.
Total French..
Bremen and Hanover.
496
700
216
496
916
Hamburg
4,973
1,603
579
271
7,738
2,' 31
1,450
15,8'8
7,402
11,405
850
11.319
S4,§1&
200
350
Other ports
Total to N. Europe.
11)0
Spain Oporto&Oibraltsr&c
illotliers
North Alabama nearest Mem- Total Spain, &e
200
350
and from which the Memphis Exchange draws reports. On
171,512
198,673
erand
Total
12.52J
19,649
15,302
9,419
the other hand, that portion of North Alabama lying east of
The following are the receipts of cotton at New York, Boston
Decatur and Athens was favored with a better crop, and, though
Philadelphia and BalHmorefor the last week, and since Sept. 1,'76.
I did not travel so much in that section as in the other, and had
not Buch ample opportunities for personal observation, yet all
PBILADBLP'IA BALTlaOBB.
KBW TORS.
persona with whom I conversed, planters and merchants, repreraoM
sented the crop as about equal to last year, and in some localities aaox'Ts
This
Since
This Since This Since This Since
better.
And this, I presume, is the section of North Alabama
week. Sept. 1 week. Septl. week. Sept.1. week. Septl
from which the Nashville Exchange draws most of its inform*.
New Orleans..
S,664
46,0.3.3
tion.
Having been on the ground, the discrepancy to which you Texas
2.981
31.014
alluded appears to me perlectly natural, and just what it should Savannah
988 S,60»
4,095
1,374 11,233
1,103
6,305
95,030
be.
My respect lor the National Exchange reports has been Mobile
'75
8,812
rather increased by finding them so really faithful and accurate Florida
397
8,449
8'th Carolina
4,959
62,66!)
in this instance, though apparently conflicting at first sight.
8,vi3
98V
N'th Carolina.
3,635
45,^69
year.
phis,
this is the portion of
I
Youra,
g.
w. Hampton.
LrvKRPOOL, Dec. 22—3:00 P. M.— By Cablr from Lwkr
POOL.— Estimated aalea of the day were 20,000 balea, of which
4.000 bales were for export and speculation.
Of to-day's sales,
ll,3(Kt balea were Imerican,
The weekly movement ia given
M UUowa
Virginia
9,339
192
4,022
156,718
11,095
S,553
35,J6')
3,9n
21).
44,79:
3,796
Total this year
3?,S91
Total last year.
38,904
North'rn Porte
Tennessee, &(
Foreign.. ...
1,457
4 50
36,642
2,112
13,868
606,875
112,694
3,216
25,173
43>i,523
96,164
2,2<.8
19,9i7i
2,463
3.442
37,740
49
.
:
:
December
;
—
Total bales.
Wl»c9D«lti,
Liverpool, per stearaiTi Bslavia, 1,416
Spain, l,8tt
BrlUODlc,
»,OM....CUy of Limerick, i819
2,1)77 ...pemhip F«iin, 600.^
To Havre, per Bteainer France^r
To Bremen, per steamer Wese', 579
To Hambnrir. per steamer
>f«w ORLtAHS— To Liverpool,
11,867
^8
8<9
S71
Frisla, S71
per steamers Eralliano, 3,619
mo, 3,»7U....per ships China, 4,017.... MorniD);
Rolf, 3,774....per bark Loch Uoil, 8,836
Oniller-
..
Star,
To
To
Coik, per schooner John F. Kranz, 1,650
Havre, per ship Pleiades, 3,900 ...per barks Phare,
W^ooloomooioo, 1,873.
Danube, »,03»
To Bremen, per ship Rhine, 3,7«1
13,167
1,660
i,S33.
To Barcelona, per brig Kosa, 475
To Gibraltar, per ham Heu, 1,460..;
..
9,3.33
8.73.1
476
1,460
per bark Klllott Ritchie, 1,831
per brig Lewis
.
L.
8qnirt>«, 1,8^4
CaAiaESTON-To
3,075
...
M08n.it— To Liverpool, per ship City of Brooklyn,
5.299
Liverpool, per barks Prifcllla, 3,052 Upland
— Anna
S,«tl9
A. Rich. I.5!5 Upland... Norwegian, 2,937 Upland.... Josephine,
J,i;0 Upland and 81 Sea Island. ...Kate. 2,000 Lpland....lmiigene,
Torcdo, ;,9U Upland
Lepreui. 2,410 Upland
1,100 Upland
and II Sea Island.... Albion, 1,145 Upland and 76 Sea Island....
23,321
i
Island
Holmes,
Upland
and
81
8e
2,497
J. W.
2,200
To Cork, for orders, per bark Abraham Young, 2,200 Uplund
1,54.S
Otto,
Upland
Bremen,
bark
1.518
To
per
To Amsterdam, per barks Ucrriit and Wllhelm, 1,873 Upland
—
Algeria, 2,076
Upland
3,949
To
8oberano, 750 UpBarcelona, per brigs Bellsario, 430 Upland
MerConseller. M40 Upland
Vlagero, 427 Upland
land.
3.540
cedHS, 578 Upland ...KlUea, 4:5 Upland
1,430
To Malaga, per bark. N. K. Clements, 1,4.30 Upland
Bavannau—1'o Liverpool, per shipu Herbert Beech, .3,456 Upland
6,426
Crusader, 2,910 Upland and 80 Sea Island
Oolorev 1,600
Tn Barcelona, per aarkj Catallna, :,2ji Upland
—
Upland
2,852
1,100
To Ban
Sebastian, Spiin, pur bark Anisia, 1,100 Upland
per ships
Liverpool, per steamir San Jacinto, 2,763.
Bolivia, 2,661... J,^ne Fish, 4,423
To CorK. for orders, per brig Red )wa, 1,:J99
WtLMiNQTON— To Liverpool, per bark Sirene, 1,759
per barks HenriNOKFOLK— To Liverpool, per ship Poblqae. 4,452
etta, 1,787... Kl a Voae, 2,890
8;u.Tiaoit»— To Liverpool, per eteaaers Lake Nepignon, 634 and 43
bags ...Gastabay, 172
Tbxas— To
.
To Bremen, per steamer Olilo, 1,420
Boston— To Liverpool, per steamers Ibarian,
744
1.120
2,038
181,892
particulars of these shipments, arranged in our usual form,
are as follows
GibralBre- Amster- BarCork. Havre, men. dam. celona Gsnoa, tar.
Liver-
pool.
New York
New Orleans
11.667
23,167
Mobile..
Charleston
579
1,650
5
9,338
3,721
....
2,200
....
1,54J
3,949
475
,
5,2il9
20,322
6,426
9,819
Savannah
Texas
Wilmington
8,075
l',480
o,x<rj
,
82,939
10,aJ8
11.213
1,759
9,129
2,164
S.068
1.450
8,540
2,s5i
1,399
1,759
9,129
Norfolk
Baltimore
Boston
744
2,068
Philadelphia
1,410
1,450
..
Total
91,880 6,249 9.313 7,268 8,919 6,867 3,075 1,480 131.892
Included in the above totals are, from New York, 271 bales to Hambarg
/rom Charleston,
Malaga; from Savannah, 1,100 bales to Sin
1,430 bales to
.Sebastian.
Below we give
•vessels
news received
all
to date of disasters, &c., to
carrjiag cotton from United States ports
City op Santiaqo,
str.
(Br),
:
Darke, which arrived at Liverpool, December
bridge and rudder, stove lifeboat, and received
IS, from New Yoik, lost
other damage.
Lottie Warrsn, ship (Br), Cawsey, from Boston at Liverpool Dacembsr 15,
encountered heavy weather during the passage, smashed fore-hatch
honse, broke tiller, starred several stern planks, and shifted cargo.
Ukssina. bark (Br), Stewart, from Galveston for Bremen, cotton loaded,
which put back to Galveston, November 16, for more ballast, resumed
her voyage December 8.
IiVOLA MuRcuisoN. achr., Jones, from Galveston, October 26, for Boston, put
into Wilmington, N. C, December 16, with lo«8 of mainsail, foresail,
gales
and jib, mizzenboom and maingafiT, having experienced N and N
for twenty days. The crew lived on bread aud water nine days. Cargo
W
Liverpool.
Steam.
Saturday... ..®13-32
Monday ... ..©l.VSJ
Tuesday...
..(3i\''.-ii
Wednesday
-©Ji
..'&H
Thursday.
Friday
Market
.®?.'
-.
/
5-i6@)ll -31
5-16®!" -34
-32
w
Sail.
c.
..®ll -32
-@1I -3'.'
.@1! -32
5-13ail
-Havre.
Steam.
Sail.
d.
d.
.
c.
Bremen.
u— HambHrg.->
Steam.
Sail. Steam. Sail,
c.
Jicomp.
Jicomp.
Jicomp.
%comp.
^comp.
^comp.
^comp.
Jicomp.
^comp.
,'4comp.
%oomp.
^icomp.
H
K
a
K
c.
c.
comp
.
..comp
..comp
.
.
comp
X. ..comp
hi ..comp
BRE ADSTUPFS.
FaiDAT, p. M., Dec. 23, 1876
has been a moderately active and slightly advancing
There
market for
flour the past week. The upward tendency has, however, been due mainly to the higher views of holders, based on
the advance in wheat, and not to any urgency or activity in the
demand.
A snow-storm
has impeded local transportation, and
the local trade is usually quiet before the holidays, but there
has been some buying in anticipation of a rise. The demand
from English shippers has been light for the West Indies busi;
ness has been pretty good,
tjupplies at the
West have
control of speculatlra
from the West, and
have advanced 8(^c. per bushel. The speculation waa
mainly in No. 2 Spring, beginning at $1 35 for No. 3 Milwaukee
Transportation from Chicago to the sea-board baa beea
in store.
advanced about six cents per bushel, and with the advance that
has taken place in the Chicago market the cost of laying wheat
prices
The speculations
is increased about tea cents per bushel.
appear to ba based largely upon the expectation of a Kuropeaa
war, and upon the indications that our own supplies are deficient.
To-day, there was some farther advance, but a dull closing. Ko.
3 Milwaukee sold at |1 40i§l 40^.
Indian corn is higher. The advance is mainly speealatire.
Shippers have been favored by a decline in ocean freights and an
improvement in exchange, but foreign accounts were discouraghas become quite
ing.
The range between new and old
narrow. The condition of the former is generally very good
To day, there was a stronger, but irregular market, old No. 2
Chicago selling at G3c. Rye has l>een in moderate demand a
rather stronger prices. Canada peas sold sparingly at {rOe. in
bond. Barley has declined materially, leading to more activity,
the sales including Canada West at |1 for No. 2, and $1 08 for
Mm
No. 1; hut to-day the market was firmer at |1 KVc^l 12 in
No. 1.
There has been an active speculation In oatF, which has carried
with it a sharp advance in price, bat latterly there ts less buoyancy of tone. To-day, the market was wealt. No. 3 graded cloaing at 42Jc. for mixed and 43ic. for white.
The following
are the closing quotations
FI.OIIB.
bbl. |4
y.0.2
Superfine State
^
ern
Extra SUte, Ac
Western Spring
«
OBant.
0?®
4 60
I
West5
5
OOa
603
Wheat—No.3 >priBg.bMh
Ho.2sprUg
No.
5 35
3 73
5 65^5
5 85® 7
8 70(3 8
3 60<$ 5
doXXandXXX
do winter X and XX..
Unsound and sour flour.
City shipping extras.. ..
(^Ity
trade and family
6
spring
603
60
60
CO
50
6 60
240 1*3
370 I 41
4ia 1 «2
I 83^ 1 42
145(3 150
k*
1 85a
$1
1
1
Bed Western
Amber do
Wheat
extras
1
White
I
Corn-West'n mix'd..
Tellow Western,
I
63
63
Bi
93
43
463^
52
eo® 1 12
69t
'Soulhem, ue,T
6ia
61®
80®
87®
^,.
Rye
.t,
Oats— Mixed
White
Barley—Canada West...
brands
6 758 8 85
Southern bakera' and fa7 003 8 5"
State, 2-rowed
mily brands.
to
State, 4-rowed
Southernsbipp'gextrae.. 5 853 6 'i-^
75;
1 (a
4 7i>ii 5 15 Barley Malt—SUte . ...
Rye flour, snperdne
25
I
10
1
00®
Canadian
8
903
3
Cornmeal— Western, &c.
Com meal— Br'wine. Ac. 3 453 3 55 Peas— Canads,bondAfr<^ 903 1 15
The movement in breadstuSs at this market has been as fol-
lows
:
BBOSIPTSAT
,
For the
week.
nonr, bbU.
0. meal, ".
Wheat, bus.
"
Corn.
Rye,
"
.
.
HB* TOBK.—
1876.
,
ZXPORT8 rSOH H«W YORK.1875.
-1876.-
,
Since
For the
Since
Jan. 1. Jan. 1. '75 week.
3,939,677 8,870.473
!6l.«h5
148.156
2.641
452.820 26,6«).6I2 .33,539,274
161,6.32 26,5W,601 2J,I46,:08
300,631
47,696 1.591.539
4,651,438
6.5,3;« 6,701.531
117,518 1),056,9J5 10,513,131
71,525
Since
34,3«8
Jan.
For the
1.
2,441
1,857,263
189.551
Since
week.
.Tan.l.
71,427
1,920,805
1,491
17.5,e4«
3li'i,B4S 2!),»6i,.M3
3CB,729 25,970,251
172,150 10,578,691
1,2SI,969
....
87,883
620,3)6
1,223
877,i'06 12,891,862
182,708
3,718
110
"
137.544
304
OaW...."
The following tables show the Qrain in sight and the movement of Breadstuffs to the latest mail dates
Barlev.
.
.
BECBIPT8 AT LAKB AND RIVBR PORTS FOR THK WBBK RNDIlia
DKC. 10, 1876, AND FROM J.^N. 1, 1876, TO DEC. 16, 1876
Barley,
Rye.
Gets,
Com,
Monr, Wheat,
:
bbis,
AtChleago...
tfilwankee
_.— ..—
Toledo
..
Detroit
Cleveland
Louis
096
lbs.)
38,:41
47,513
601
5,418
*2.190
21,174
1,823
bush.
(60 1bs.>
270,808
3 0,069
105,911
87,860
8,750
111.887
10,600
bush.
bush.
(56lhP.)
488,010
(36 lbs.)
133.488
bnso.
bnab.
(48 lbs.) (56 lbs.)
r4.6U
18.360
3.5.930
41,912
47,516
11,500
351,492
18,625
17,975
23.700
850
852
17,731
6.!!83
13,909
851.670
136,030
11.4.37
15,400
SM
800
I5,ra6
14.604
12,550
n.MO
Dnlath
—
c.
To-dajr, the tendency
their chief impulse
influences, deriving
Peoria
qii let.
'
was upward, but business alow.
The wheat market has been under the
St.
undamaged.
Cotton freights the Fast week have been as tollows
—
have con-
rates of transportation to the seaboard
tributed to the firmness of holders here.
9,129
1,450
Total
The
9,819
1,399
1,739
...Atla«,618
per barks
134
1.4.50
Philadblphia— To Liverpool, per steamer Ohio,
SaaanL. Campbell, 988.... Abraham, 328
and the higher
627
down
8,931
. . .
To Genoa,
:
:
THE CHRONICLE.
23, 1876.]
Shipping Nbws. The exports of cotton from the United
Btates the past week, as per late*t maii returns, have reached
181,892 bales. So far as the Southern porta are concerned, these
Me the same exports reported br telegraph, and published in
Thb Chrohiclb last Friday. With regard to New York, we
iaolude the manifests of all vessels cleared up to Wednesday
night of this week.
K«w ToRK—To
:
.
fallen e9°
Corre8p'ngweek,'75.
116,862
118,603
93,214
'74.
121.1.38
Total
Previousweek
E86,0!I3
882,809
1,074,051
1,03S,136
1,285,429
J,lS4,4ia
679.465
700,061
2Tf;,&3n
84!<,209
183,517
81^,909
TotalJan. 1 to date. 5.376,919 51,517.48* 73,227.551 81,371,350
4.80ii.071 83.188.661 47.123,215 2I.9,I2,3:«
Same time 1875
Same time 1874. ...6,931.0n 77.211.619 53.955.320 35,209,910
Same time 1873.. „.. 6. 116.917 64,501,527 60,)05,293 29,517.417
ToUl Aug. I todate .2,441.1.51 S?,0f8.343 85,828,209 10,5&7.612
2,217.930 :i8,077,775 19.334,728 11,211,024
Same time 1375
2,414,26') :!4.)d3;33« 18,564,931 ll,'-.33,fi.>d
Same time 1874
2,533,50? 41,-37.), 'J)j 26,191,998 11,93^,471
Same time 1373
•
Estimated.
03,80
165,609
169,831
168.474
162,651
83,«ll
24,343
27,015
'•,60\18» 2 668,M6
5.119.332 2,TI6,-.81
6,2'jl,351 1.541.091
6,145,'63 1,691,057
5.6.30,950
!,6il,lM
4.361,12! 1,*I8.4«R
66.3.914
4,071,210
.3,715,169
967,180
^.
.
.
SHIPMENTS OF Flodr AND GRAIN from the ports of Chicago,
Milwa^ikee, Toledo, Detroit, Cleveland, St. Louis, Peoria and
Duluth for the week ended Dec. 16, 1876, and from Jan, 1 to Dec.
16. inclusive, for four years
_
Bariey,
Ryo,
Oata,
Com,
Wh»at,
Flour,
bbU.
Dec.
187,793
16. 1876
Dec 9;iW«
Cor week '75
Cof:week'74
Cor. week 78
Cor week •72
Cor. week '71
....
S
18S541
101,684
122,198
114 191
71,'!M
bush.
bush.
bush.
bush.
bush.
818,863
5;8:i44
192,298
800 126
678,808
«:0.358
99,060
768.624
584.745
151,673
168.095
142,492
121.748
80.«87
60,WS
77.071^
84,689
«,*I»
888,5'.8
260^381
199,374
242,043
J08.W7
115I98
S6*,34«
85,«S1
65,341
42,328
76,281
68,037
38.103
11.W5
11,«4
10,MO
6,46*.
,
Floor,
bbU.
Corn,
hneb.
Wheat,
biBb.
0«i§,
bn«h.
Barley,
Hye,
hmh.
both.
ahovrs the exports of leading articles from tbe port vf New
York since Jan. 1, 1876, to all the principal foreign countries,
and also the totals for the last week, and since Jan. 1. The
last two lines show toiat oaiues, including the value of all other
articles besides those mentioned in the table.
4,09f,-239
,6.ai8,023 6tS,-J85,03- 19,584,463 21,893,542
1813.
FOR THB
BB08IFTB or FLOOR AND SRAIN AT SEABOARD PORTA
WEEK ENDED
At..
...
Portland
Montreal
. .
FUUdelphia
...
Baltimore
HewOtleacB
...
...
Total
...
1
Wheat,
bblB.
61,19*
522,200
31,6-i4
4,703
6.169
81,350
23.(i84
DEC.
bush.
Oats,
bosh,
bush.
105,0«
B'O
250,003
470,000
110,C«7
81,51)6
37,000
?-.o-.ta5r..^os«x3> ..•nr-oeowocj
16, 1876.
Com,
16),3?0
113,818
23,600
1,500
2S,50D
16,51*
Barley,
bush.
23,775
2,800
1,405
t.7,4C0
Hyc,
hatjti.
10 ^.MO
i0,266
59,676
83,000
49,<00
1,40J
800
10,W)0
13,424
t''^
W.lll
539.589
227,5S6
Prevlooaweck
Cor. week -75
TotalJan.
Flour,
23, 1876.
Bxporta of beaaiUK Articles from Nomt York.
The following table, oompiled from Castom Honae returns,
m.sw.voi s.soi.ss.'s »,40i,33i
Jan. 1 to Dec, 9, '76..<,S13.411 4S,M4,n90 7.3 em.isa
909,570
19,0M,S74 8,691,603
84010 time 1675. .. r,«%W^ 67.ifi9.4H 42 1563,437
48.989,r,45 16,5 .5, a«5 2.H6J.7iJ 2,972,4«7
... 5,641, IW7 rin,i>if>.a-i"
Btnifl time 1R74
l,332.a20
8&metlme
[December
THE CHRONICLE.
628
;
.
664,100
924,1.1
581,935
todate.9,6Gfi,961 49,04B,633
9,617,741 53,i9o,689
1D,?93,521 61, 119,1176
9,463,89? 43,009,336
Same time 1875
Bamc time 1874
Same time la73
1
119,655
1189,452
926,784
1)7,766
282,148
84,S42
214,617
30>,S"6
829,953
81,494,78.1 83,967,813
54,54«,5;7 2P,03b,59.)
50,741,300 19,»C3,^03
47,594,456 21,851,423
111876
iU'.lU
^-4*
THE DRY GOODS TRADE.Dec.
FHrDAT. p. M..
22,
•COO
•
11,762
7,694,971 1,766,6:6
4,9;l?.r,0
496,219
931,773
3,r.8l663
3,3U0,110 1,138,534
2g5SgS3
00 a^
< TO
:c>
5SS2S?; :Si§S3S
s
3£s' =>"
:S
f- P3 —.
^«
oi
•
f-'iO
'
;S=SSg
:
t~jff>
V w"
CO »-
»-^ (-"'?*' DC*
tc I- "*
''f.'O.
^
««S
„'
;
*
w-Tr^gi
•?»'
o-£C«>CM-^^«»^etao
3S
IS
:|;
1876,
The general trade has been quiet the past week, but there was
more animation in brown and colored cottons tlian has been
occurred
oticed for some time past, and a few heavy transactions
.
«
-
M^
£ ;0 " o « ao 00 00 C t* CO "^ ^ °'l®.®* *..^-
-
s
s
•"
•-
^1
crro"
^f-
,.
.ittta-^'S
stocks
in bleached shirtings, wide sheetings and grain bags, some
former
from
concession
a
at
agents
out
by
closed
were
which
of
and
prices. There was also a fair movement in fancy cassimeres
worsted coatings of spring weights, liberal deliveries <»f which
to the clothing trade. The cotton goods market has
exhibited increasing firmness, and several prominent makes of
brown and colored cottons have been advanced in first hands. The
jobbing trade has been light, although fair quantities of calicoes,
S
*±St~'^
were made
'
'
'
.
o6.->r
fl5t-o
v to
o»*o«
*-•«
••
is
•<;
no
535323
:$s :S8
:^
:
:
S2
ir
were taken by retailers for making up their holiday assortThere has been no movement of importance in light
fabrics for the spring trade aside from shirting prints, which
were taken in moderate lots by Southern and California jobbers,
•nd piques and fine muslins, for which some fivir orders were
&c.,
ments.
•
—
h
S5
.
I
•
OC<
I,
.«»'«0 —
.to
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'to
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--
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fin
c!'*^
ex. "9^
»*
.:::::::::
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a
:
:s?i8SS
^ .-.«>
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2
—
:
eo
•
:
:
•
•
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ccoc
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5
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quiet,
(5
^
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IS
CO to
i
;
iissi
:r3g
:
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ffis?.
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i
^
,
but are steadily held, and Amoskeags are advanced to 9ic.
Domestic Woolen Goods. The main feature of the market
has been an increased demand for new spring cassimeres and
worsted coatings by the clothing trade. There was also a fair
inquiry for small lots of heavy cassimeres and overcoatings by
jobbers in the interior, and stocks of these goods have been
essentially diminished within the laft few weeks.
Cloths and
doeskins continued quiet, but steady in price.
Cotton warp
worsted coatings were in good demand by clothiers from all
sections of the nountry, and sales, combined with deliveries on
account of former erders, reached a liberal aggregate amount.
Tweeds were a trifle more aclive, and such was the case with
Kentucky jeans, but transactions were mostly light. Satinets
continued quiet and steady. Flannels were taken in small parcels to a moderate amount, and certain grades of blankets were a
shade more active. Worsted dres^ goods were quiet in first
hands, as is usually the case at this, period of the season, and
operations in shawls, felt skirts and woalen hosiery were of a
strictly hand-to-moutU character.
Foreign Dry Goods. Business has been very quiet with
importers, and the jobbing distribution was mainlv confined
to holiday goods, of which moderate amounts were taken by local
Fine grade black dress silks were in
and interior retailers.
steady request, but low qualities moved slowly. Dress n-oods
linens and wiiite goods were severally quiet, but linen and holiday handkerchiefs were sold in liberal amounts privately and at
auction.
Kid and fabric gloves were in steady request, but
hosiery eonliBued sluggish.
Optoma
COCO
g
o .'oo
J
held at 4fc cash to thirly days, for the best extra standards.
Prints were taken in moderate lots to a fair aggregate, and
Ginghams remained
.
S
rather better demand, and Cordis and Amoskeag makes were
advanced ^@lc. Denims were more active, and are in such light
supply that leading makes, such as Amoskeag, Pearl River, Otis,
Cheviots, stripes and checks
and Warren, have been advanced.
ruled quiet, but cottonades were taken more freely by clothiers.
Corset jeans were quiet and steady. Grain bags continued dull
as a rule, but a heavy sale of Americans was made to a leading
jobbing house at a very low figure. Print cloths were firmly
shirtings were in better demand.
« as o o -^ «r"o^
••
'
odcT
o
placed by jobbers and manufacturers.
IIDOMKBTic Cotton Goods. The export trade has shown
Increased proportions, and aggregate shipments of 2,383 packages
were made from this port during the week, including 1,426 pack-
ages to Great Britain, 330 to Brazil, 223 to New Granada, 134 to
Mexico, 126 to the Cisplatine Republic, 36 to the British West
Brown
Indies, 30 to Cuba, 29 to Germany, 20 to Hayti, &c.
sheetings were in good demand and strong, with an upward
tendency. Bleached shirtings ruled quiet, but, at a slight price
concession, large sales of Uiica wide sheetings and Lonsdale,
Hope and Blackstone shirtings weie effected. Tickings were in
-S
;
:
:
:
:s
:
:§
:
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oS
I-
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:s
•"'.
^
is
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.
>«o to
i=
.-o
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_u go
t=
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t;
mi
.*-Ar>
a»0>eoo som£o <*? »- ?I5
— -^00
«? ao r- 00
»- >— I- c. >*
n
.':«•.
.
.
.
.
.-f
.
(D «>
—
'****
«*5,S*S5S-3.£.g5-S..g'°.*'=.§a«8.al5ggg
1
'
;
d.
S^
;
''I
•
•
•
'S.-'f^.^l
«
- *^
^V
00 Oi
'
a
.
Deoimter
a
UBNEUAI.
Croton
» 00
ii liO
Philadelphia raclnx
« bhl. 120
C«m«n<— Koaendsld
80
£im«—KockIand, common. ...^ bbK
Rockland, nnUhing
i.i>ni*«r— 3oathero pTne..|) M laet. 20 VS
19 9«
White pln« box boarda
White pine merchaa. box boards. H 00
<S00
Clear pine
OakaLdaah
Black walnut, Anea
Spruce boardsA planks
Hemlock boards A planks
>alM— '.QSSOil.cim.reo.* ah.V keg
M
ixto Sln.&longer.
Cut6plkes,alUlzoa
r>KnM— Ld.,wh.Am,pnre, In oil V k
Lead, wn. , Amer., pure dry
Elnc, wh.,Amer. dry, No. 1
Slno,wh., Amer. No. 1, In ol!
Paris white. Eng. prime roldfilCOlk
BCTTTBR— (Wholosale Prices)—
Palls, Static, fair to prime
* B.
Western creain'ory, fr. to p*me. "
H'l flrk.,tub»,state,t'r to prime "
Welsh tubs, com. toBQlocted... "
atate factory,
12
iO
I
Antkbacitk— Pi Ices
at
-st
1
ber schedule
Peun. B.LJtW.
:
Dec.
20.
Ste'mb. |2 62S
Orate.. 2 iiU,
Egg
...
a ivA
S j;-J 4!
stove,
Ch'nnt. 3Ui-3
.
19
Dec.
21.
3V2
S T>
3 73
ord. car.eOaQdo:days.gId.|lk
do
goin. ••
do fair,
do
Kold. "
do good,
gold. "
do prime, do
gold. "
Java, mats
^old- •'
NatlveCeylon
gold. "
Mexican
goll, "
Jamil a
Maracaibo
gold, **
itlo,
bagnayra
St.
Domingo
SavanlHa
Costa Rica
CJPPKK—
gold
**
gold.
gold.
gold.
"
«
17
16V.
1:
17
18
B.
a
31
i9Xa
32
20
I
15
21
"
SO
25
27
.
"
5
21
cnr.
•'
()
•'
75
Hal soda, Newcastle. .VUiU », gold
1
'• ft. cur.
BheH Lac
Bodaasb
V lUO ». gold
Bogar of lead, white, prlm^.VBCiir.
1
PLAX-
Balslns.seadiess
. per SOlb.frall
do Layer, new
do Loose Muscatel, new
.per lb.
do 8altaaa, nev
Valencia, Ddvr
(to
CarrsDt?, new.
fnew)
Citron, LejchorD
Turkish (new)....
French (new)
Dfttet
Flg9, layer
1
a
a
4 15
I
^5
Domesttc DrUd^
Applet, Southern, sliced, new
..!»!>
quftrtors,"
do
Stale, sliced (n.w).
do qnarlers (1 ew)
4
15
^raspberries
27
17
13
George's and Qrand Bank cod.pcwt
ICftckereltNo.l,vi.thore(new)pr.bbI
Mackerel. No. 1, >Ha7
Mackerel, No. '^. Mass. Bbore (BOW),
MftCkereUNo.2, Bay
9
8
»
9
a
a
«
IS
8 2^
a
®
a
d
8a
a
"
10 90
"
"
12
*
-..,.
00
...
1 10
fl
12X4
10.62X3
V
5X *
bnab.
6ALTPETP.RRenned,pure
Crude
Nltratesoda
V sack.
1
Vft
gold
perlOOlb.
18
8i
"
17 50
•A
8V
Il'lsj
a
a
a
....a
2
sxa*
loxit
iixa
IIX«
:ixj
a
37,xa
lo"
1
7X9
r-'X«
liic
u
nxa
ivx»
tlK4
11X3
«
U
loxa
cut loar
white, A.9tanaara eentrir...
A
n'i
nx
icjj
«xa
¥
tex
a^s
B
ft.
**
San.
«^
a
io»a
9 a
K'xa
9 «
9
11X1
5-lt
,...3
cur. V ft
to (air
30
t»
52
10
28
*Z
U.
I"
87
,,,
1
fair
n
1
fair
to fine
65
21
M
Ex fine to finest
do
do
Uncolored Japan, Com. to talr
Sup'rtoflne
do
Bx.fineto finest
do
Oolong, Common to lair...,.
do Superior to fine
Nominal.
«
K
Kx
do
do
SO
70
fineto finest
Choicest...,
Sonc.ft Cong.. Com. to fair
Snp'rto
do
72
GS
2S
M
»
87
fine
Bx.finetofineat
l9Xa
17XS
gold.»»
Banca
'•
Straits
English .refined
Pl8tes.l.C.char.irx:4e:ix20
Plates, char. teme
TOBACCOlugs,
heavy
leaf,
"
'"
»ft
"
••
...
Vbig'd
WOOL-
Amerlcan XX
American, Nos. 1 ft
American, Combing
.»»
_
%
*
8 79
8 25
a
a
8
a
M
ITX
ITX
700
....
9
8X«
18
93
8
1«
1
a
•
•
•
» 8
88
ao
48
to
Extra, Pulled
No.l, Pulled
California. Spring Clip—
20
29
5«
4S
45
H
Superior, unwashed
23
Coarse
Burry
South Am. Merlnc, unwashed
Cape Good Hope, unwashed
Texas, fine. Eastern
Texas, mediuir. Eastern
Smyrna. unwashed
8
7X
...
icxa.
Medium
li'sd
12 so
20 00
3 00
15
....a
iov:a
Sxa
* a
»K«
Hard, powdered
do grannlaieu
do
a
10
Pennsylvania assorted lou. •73-'74..
Havana, com. to fine
Manufac'ditn bond, black work
"
" bright work
«•
28
80
t
*\^
»
"
Java, do. D.S., Nos. 10812
Manila, superior to ex. sup
N. O.. reflning to grocery grades.....
Ae^neii— Hard, crushed
"
7X9
2 7^
ft.
II
.,..? ft
leaf—New Eng.wrappersTf-^l
Seed
»•
fillers. "- .4.
do
eM%
Si. Martin's
L*varnoo> .vsrions sorts
a
....a
100 ft.
*
a
a
a
a
a
"
* '*ft,
Patns.good
loxS
Molado
Bav'a,B0X,D.B.N08.7a9
do lOaH
do
do
do
do 18019
do
do 18418
do
do
do 19020
do
i<a
white
do
do
Porto Rico, refining, com. to prime,
grocery, fair to cnoltw..
do
Bratll,bags.I>.a. Nos.9all
Kentucky
14
ft
"
Turkslsland
17 25
....
—
'*
*'
g^LT
I
1
HX»
Vbbl.
Carollna, fair to choice
Louisiana, good to prime
Rangoon. In bund, gold
UJ
lU 00
tC 00
a
.
"
Lard. City steam
:s uU
?(i
4U
—a
g'll
"
"
BICE-
ITS
e
V
Hams.smuked
8X
lOX
40
^•
Si
42
-a
**
Beef ha^iis, Wos'ern
Bacon, City long clear
2<
a
1
"
B':el,pl»ln mess, new
Beef, extra mess. '•
S<or« JVicM.
»i
IS 00
15 uj
'i 00
9 00
"
hulk
fair reflning
K<>0<* refining
do
a
22X»
81 a
40 a
73 a
73 a
"
"
Pork, prime mess
5
=X
t
25
12
3
5X9
2 73
5 UU
....a
cur. 37 00 a
Pork, mess
Pork, extra prime
6
91
85
3 25
2
8X»
**
"
2 50
38
lOK
l.H
10
Superior to fire
Extra fine to finest
do Choicest
7ooug UyBOn,Con.. to fair
Super. to flue
do
do Bx.fineto finest
Choicest
do
a
18
8xa
Snp.toflne
do
do Bx.llne to finest
do Choicest
a
13H
1
i«xa
••
do prime, refli.lng
do lair to choice grocery.... "
do centr.hhds.A bxa, Kos. 8013
Vft
Molasses, bhds 8t bxj
8unpowder,e;om to
3.xa
•
1
"
a«f'
PHef,
«
do
do
a
PKOVISIOUS-
16
6 7^
S
In
10
do
Uyson.Commos
a
a
fO
2 ^5
2 8J
2 70
3 .1!)
8 5J
a
American cast. Tool
American cast spring
American machinery
American (vermac spring
Western
2 75
a
gal.
Refined, standard white
Naphtha, City, bbls
i55l
a
%
V
bag
Western
14
5
"
CMiK-
Crnde,
Cases
English, cast,?d*tstqiiamy Vftgold
English. sprlng,2d A 1st quality.. "
EnKll«bbll.iter,2d*lstqaallty.. '
•'
Enifltsh nischlaery
English German, 2d A 1st quality **
car,
American blister
TEA—
hbl. 2 75
gal.
•
11
12
Blert
1.0
"
V
PETROLKIJM-
1
Kxtrafinetoflnest
do
i'yson Skin. A Twan..com. to fair.
do
Sup. to fine
do
"
City,
I S7H
2!5
a
a
3
M a
13 3
re&cbeB,pared,Ga.pr.aiidch.(new>
do nnpared, halves and qrs
Blackberries
Cherries
fiiune, Btateand Southern
OIL
:^
IIH*
b
17
4 20
a
a
11
«
va
191
-•X
i
gall.
~
48
3^
43
52
"
..
per et)
"
»
Whale,bleached winter....
Whale, Northern
Sperm, crude
Sperm, bleached winter
Lard oil, Nos. 1 and 2
19
7>$a
IS
1!)
Oi\
V
/>omMUcUauor«— Cub
(90
"
"
••
Imperial. Com. to
OILS—
4i
Alcohol
aftl!.
38
**
Cotton seed, crnde
Olive, in casks V gall
Linseed, casks and bbls
Menhaden, crude sound.
Neataloot
9
"
"
Bosln. strained to goodstrd.V bbl.
" low No. 1 to good No. 1 '*
*'
low No. 2 to good No. 2 "
'•
low pale to extra pale.. "
*•
"
wludowglass
3 io"
I fO
2
case. < 50
f)
Pltc... city
Spirits turpentine
Brandy, foreign brandj
ltam—Jam.,4Cn proof
St. Croix, 3d proof
Gin
gal.
OAKOM—Navy.CS. Navy ft best * ft.
a
12
g
V>
90
r.x
37X3
...
• »
tiorth Rlver,prlma
37Ha
30
"
FRUIT-
Tar, Washington
Tar. Wilmington
7X
9X
9
a
*
SPIRITS—
Prlmeclty,
6 10
29
84
...
PmMic
TALLOW-
a
27
65
J5
22
30
a
8 75
....
9X®
NAVAL STOKE81
a
(In bon1), gold. 5 6.'K»
Prusslate potash, yellow, Am. .cnr
2^)43
Quicksilver
gold.
55 a
Quinine
cur. SiU a
Vitriol, blue. common
10
iva
Opium, Turkey
pr....
70
!>{(
•*
.
4
_
.!i
Natnega.BataTlaftad
Pimento, Jamalcft
Cloves
do items
ftfCal*
Mace
oir
do
d<>
White extra C
do
Tellow
Other Vellow
8!xa
:6
2^
V
Bon
8va
A'res, h.,m.ft I.Vft.
California, h., m. A 1
common tilde,h., m. &1....
Cuba, clayed
33H
—a
"
.gold
01; vitriol f«6 Hrlmstone)
a
a
a
8
ft.
cur.
Pepper, BatavU.
do
Slnaapura
while
do
Uaaala, China LI gneft
do
BatavU
Olnger, African
do talentta
»
....
....
42 CO
cur. 8 05
*
Cuba, Mus.,reflnlng grades.,
do
do grocery grades.
Barhadoes
Demerara
Porto Rico
N. 0.,c>m. to now prime
2i
a
9s<a
tX9
gold
100 lbs,
UULASSES—
56H
4
—a
"
"
do
do
do
»
c.)
oommon
SPICKS—
8 1-10
a
a
In Pa.. .cur. 33 00
50 00
rough
Slanghtercrop
Oak. rough
rexaa.crop
S3
70
31
Ucorlce paste, Calabria
Madder, Dutch
Madder, French
Nntgnll8,blne \leppo
**
S'l
Jalap
Canton Ginger
BatdlneB, V bt.tMX.
ftardlnei.^ar box
Macaroni , Italian
Works
com.
tretile,
,
96
2!xa
5
ear.
eiTcerlne, American pure
do
&
a
\9
11
Uemlock Bnen,
'*
I
23
iO
Pricen,
ai32 50
LBATUEB-
">>
.
ii"
4-U'a
S
..goldfift
LEAD—
4 ii'ii
a
a
4 25
"
Bambler
ainseng
I:*faae6,
"
Bar (discount. 10 p.
"
••
Sheet
....f^
Castoroll,E.I.lnbond. VsaL.goId
» 100 B ••
Caustic soda
»» •••*
Chlorate potash
Uochlneal, Honduras
*•
Cochineal. Mexican
Cream tartar, prixe Am. <s Fr, '*
cur.
Oabebs, Easilndla
gold.
Cntcb
Rhubarb, China, good to
more
100 ft.gold.
^ .
Cub8,luf.torom.reer''<B
a
i5xa
i8H
20 a
15i<»"
u
10
,' •
11 a
i<
10 a
t2X
14 a
la
12 a
12X
uxs
Jl OO a 22 CO
19 OC a 20 f
19 UO a
28 DO a 28 50
ton.
Foreign
Domeetlc,
SOQAB-.
21
21
1'2
»
Hoop
Ralls, Amor., at
Steelralls
22
30
8
5 5-16
«
a
a
a
a
it
24
22
19
19
..
—
Domestic
refined
Licorice paste. Sicily
klcorlcepaste. Spanish, solid.
do
Ordinary foreign
.
Camphor
Matamora^.
Maracaibo,
Sheet, Russia
Sheet, single, double
DRUGS 4 D?ES—
Alum, lump. Am
V n.
ArgolB, crude
gold.
'8 a
"
Argots, refined
11 a
**
Arsenic, powdered.
"
Bicarb, soda, Newcastle.*) loan
4 00 a
VIbcur.
11
Bl chro. potash....
a
Bleaching
# 1.0 »
1 97)49
„ powder
gold. 33 5) &
Brlmstono.crude.per ton
VS.. cur.
Brimstone, Am. roll
3 a
**
8X
a
Bar,SwedeB, ordinary sizes. .V ton. 130 00
Sib. 3 l-li)a
Scroll
32
...
00
00
a2^9
28
Calcutta bufl'alo
19
18!«
19
1«>4
!«><»
18)i»
*'
do...,
Pig, American, No. 1
Pig, American, tio. '4
Pig, American, Forge
Pig, Scotcn.
19
a
California,
IRO^--
IS
a
do...
do...
do...
.
19
«
Rio Grande,
Orinoco,
,
8PBLTBH-
8TEKL—
a24: 00
alio 00
3X4
do....
..at th y run
Bahls.
Dry Salted -Maracaibo,selectcd *
Mat:>mirai
do...
cur.
do..,. g Id
SavanlHa,
IFel.sraJMd— Bnen. Ay, do.... golJ.
do...,
Para,
do....
Calirornia,
do.... cnr.
Texas,
t. /. seoct —Calcutta slaught.. gold
Calcutta, dead green
19
»
89
a 225
...
Usual reel Tavsaanu
Ke-reeled TaaileM
liereelei Cotegou
WblakOT
•
BXa
"
"
Corrientes,
19H
20
21
a
21
"
V
Bolts
Sheatfatng, new (orerl2 01)
Braziers* (oyer 10 oz.)
American ingot. Lake
COTTON— lioe special report.
18X0
I'X*
5 40
i)ry— Buenos Ayres,selected.Vft<«M 2>X*
Montevideo,
do.
29 a
17
19
1«!KS
5 40
80
ft
"
Vft
ax HIDBB13
Sclioti'le
3 20
3 UO-i 7
3 2 -I TO 3 UC-3 25
3 20-1 70 3 00-3 23
8 73 «7J 3 75-3 85
3 20-3 iO 3 23-3 33
8W)
2>ft
210 30
135 00
gold. 220 90
"280 00
Jute
Schtd.
3 (X!
3 00
lOU
Slsal
D&H. P.AR. L.*W.
97
i ?C-i 63
2 ifi-2 92
6-3
!7
3
3 20129
2
M
S 40
Vton.
ATnerloab undressed.
Roaala.olean
iMllaa
Manila
UOa 1109
OUa 17 DO
Auction, or by De em-
Schel.
181
2
kegs
2Sft
V
HBMF AND JUl'B-
Newb"gh. aobok'n. Itondont. Puila. Pt. Joh'n
Auc
FFfg.
North River ahlDpiua
10
IS
Liverpool house cannel
Fg, FIfg,
HAY—
3J
37
32
32
la
11
7 21
7 21
48
48
1 81
k^MIS
Hazsrd's Kentucky nlle, Fg, FFg, FFFg,
keg*
Dopont's rifle In Uft kegs
COAL-
Uverpoolgac cannel
r.fle,
Amertcan drsased
23
28
25
23
**
Western.good to prune
a
8s
ft
choice
fair to
»x
7H
IIHO
1
Orange
lox
«
6HS
9
,
CflBESB-
9 ii
•
A
....
....
FFFg.WKft
Dnpont'ii rlBc, FFir,
t 81
S 81
8 81
Hazard's Ke Ltucky rifle, FFFg, FFg, and Sea
Shooting Pg, l'2Kft ke«
) 98
S 00
•
OB
03
t C8
74
78
73
1
1
Superhne ttagu- epunlng. In 1ft oval cans
American sriortlng. In Ift oval cans
Orangeducklng. Nos. 1 to 5, In 1ft cans.,.
DurkShootInK, Ncs. 1 toS.lu «Xft keg,
Kagle duck shcjailng, Nos. I to 3. In 6X ftkegi
Orange ducking. Nos. 1 to 5. In 8)4 ft. kega...
Eagle duck snooting, Not. 1 to 8. 12)iB kega,
DuckShootlnir, Nus.l tu5 gr., UHfts
Hazard's Kentucky r.fle, In oval 1ft cans
Unpont's rtne Ke, FF», FFFg. 1ft cans
Dupoof, riae, FKg. FKKg, ektts
Bazard'a Kentucky rifle. FFFg, FFg, and Sea
Shoot ng Fg. exftkcKs
18 1)0
6U
t
M
aw
ft
BPOSTINO.
1
40 00
70 00
18 00
00
fto,
Electric. Nos. 1 to 3 grain. In I ft tq. oani
Diamond grMln, In lib cans
Orange ligtitiLiug, N04. 1 to 7. tn 1ft cans
• 9 79
a 11 00
• 10 00
•
• 06'
« 32 00
_ 18 00
9 31 00
«- 9S
—
- 00
• uoo
00
a 73
a 32 00
i 7S
TsatleH
tTinsl reel
BLjLSTINO rOB BAILBOADa,
3ola,any size grain, In25i> kegs
do
Saltpetre
do
iX
B UBADSTOrFS—8e«ipeaUl rtport.
Bl/ILOINQ UATKK1A.LS—
i)r(cA:«— Common bard, afloat. .V M
Clinch,
3d fin*
BILK-
aUSPOWDKR-
»»
Pol
629
aDlltl<Ka.—are report oDder Cottoa.
PRICES OURKBNT.
^SHEB—
.
niE CHRONICLE
1876.]
23,
a
?.0
85
2 50
lax
7
300
rmc—
FREIGHTS-
..
ft,
»
•
a.
bbl.
Heavy goods, .V ton.
Oil
*
Beel
Fork.
f
tun.
Com.b'lkftbg*. » hn.
Wheat, bLlk & bags,.
tee.
»bbl.
M
EX*
gold, net
-STnav
ToLlVBKPOOI.;
Cotton
Flour
90
as
it
it
goll.
»
Sheet
18
,. d.
....
4 D
•.
.
«.
« X
a
-
»43
30
....« ...
....» 9
7X»8
5 8
5 9
«,...
!»...,
ta
aatu
.
.
». rf.
.. f*.
:-i6a
\\-s%
80t
....
...4
...
...,
....
226« 850
7X»
8
a
....a
••••<
...i
,»^
THE CHRONICLK.
630
Financial.
Commercial Cards.
&
George A. Clark
[December 23, 1876,
Bro.
CIRCriX COURT,
OP NEW
u NITED STATESJOHN
STEVENS
80UTI1EKN JDlSlRICr
In Equiiy— Between
YOUK^
G.
and
ComplamantJ', ftnd the NEW YOUK &
08WKG0 MI1>LAND KAILUOAD COidrANY,
otherB,
aud
otbcre, Dci«ndantB.
7n pur^'tinnce of a decree of foreclofnre a'>d Wle
of the Circuit Court of the United States for ihe
Southern nietrict of New York, pitting in Eqaity.
made in the above-entitled fluit, and dated ihe second
day of October, eighteen hundred and seventy-eix,
1, Kenneth (J. White, ttie Master therein named,
will sell at Pablic Auction, at the Wickb:<m Avenue
Depot of the New York h Osweco Midland Railrufld Company In Middletown, m the County of
Orange, and State of New York, on Friday, the
twenty-third day of March, eighteen hundred and
IIIiirARD'S HELIX NBEDIjKS.
S37 mud 339 Canal street,
NEW
YORK.
E.R.Mudge,Sawyer&Co
AQENT8 FOK
^rasblBKtoii RIin«> Chlcopec Mft; Co.,
BurllUBton wooleu Co.,
KUerton New miiu,
Atlantic Co ton mils,
Saraiosa Vietorjr MfS Co.,
HOSIERY, SHIRXS and DRAWERS.
BOSTON,
BKW yoKK.
15 eBADMOET OT.
O * 46 WHITK STR«»T.
PHILADELPHIA,
i -W.
DAYTON, '.aO UH«BT»OT Stei«T.
Wright,
&
Bliss
Fabyan,
BBY GOODS COMMISSIOK MERCHANTS,
100 Summer
Tl «nd TS
BOSTOIV,
Street,
Thomas
St.,
NE\¥ TORK,
PHH.APEI.PmA.
S02 Chestnut S t.,
Brinckerhoff, Turner
&
Co.,
kinds of
COTTOB CANVAb, FELTING DUCK, CAR COVER
UJO, BAGGING, HAVENS DUCK, SAIL T WISKS
*C, " ONTAUIO" SEAMLESS BAGS,
"AWNING
Also,
STRIPES."
AKenU
Vmlted States Bunting Company.
A fBll supply all Width* and Colon always in stock.
No. 109 Uuane Street.
Olyphant &
Co.,
COMMISSION MERCHANTS,
Shanghai, Foochoiv
Canton, China.
Bone KonK,
dr
RXPBEBEKTED BY
OLYPHANT &
Co., of China,
H14 «VaU
New York.
St.,
John Dwight
&
Co.j
MANUFACTURERS OF
SODA.
New
Slip,
The joooing Trade ONLY
ITork.
Supplied
kl CE.
Dan
street,
Now Tork.
Adser>s IVharr, Charleston.
16 Contt Street,
New
S. C.
Orleans.
JOSEPH GILLOTT'S
STEEL PENS.
SM iy ali
J'^aJtrs
Kailroad
Company
of every kind, nature and character whatsoever.
And all railway stations and depots, engine houses
ind machine ehope, with all the appurtenances
necessary or convenient for the sole, complete and
entire use and opi-ratiou as well as maintenance of
the said roads or raUwaya. And also all the locomotives, engine?, tenders, cars of every kind, carriages, rolling stock, materials, tools and machinery
owned on the first day of July, one thousand eight
hundred and sixty-uinc, by the said railroaa company, or thereafter acquired by or belonging or
appertaining to said railroad and railways and connected with the proper equipment, operation and
conductof the eamc. All of which personal chattels
arc hereby declared to be fixtures and appurtenances of the said railroad, to be sold therewith and not separate therefrom, and are to be
taken as a part thereof.
And all tolls, income
issues and profits to be had or derived from the same,
or any part or portion thereof, or from any part or
portion of said terra or terms, or cither thereof, and
all right to receive or recover the same.
And
together with all improvements or additions made
since to any or all of said properties, estates, railroads or raUways and their appurtenances. And
also all and evory other estate, interest, property or
'htng which the said Itailroad Company, on the
first day of July, oue thousand eight hundred and
sixty nine, owned or held, or thereafter acquired
and held, and now own and hold necessary or convenient for the use, occupation, operation and
cnjtiyment of all or any of its said ndlroade, railways, leases and property rights, privileges and
franchises, or any part or portion thereof. And also
all rights and privileges to use the said road beds,
sidings, turnouts and switches constructed
on the first day of July, one thousandeight hnndrcd
and sixty-nine, or ttiereafter constmcted for the
convenient use of said railroads, railways and
branches, or any of them owned or operated by the
said Railroad Company, as fully and effectually as
the said Itailroad Company is or was by law entitled
to have or acquire, including cny leasehold or other
privileges or rights under leases or contracts made
by the New Jersey Midland Railway Company, the
Montclair Railway Company, the Sussex Railway
Company, the Middletown & Crawford Raih'oad
Company, the RidgefieUl Park Railroad Company,
the Middletown Unionvillc & Water Gap Itiilroad
& Clinton Railroad Company,
the Utica Clinton <fe BiuL^hampton Railroad Company, or the President, Managers and Company of
the Delaware & Hudson Canal Company. Also all
side tracks, depots, stations, turn-tables and other
appurtenances. And also all the equipment, rolling
stock, engines and cars of the said Kailroad Company, defendant. Also all f>ther property, real, personal or mixed, of the said Railroad Company,
defendant, appurtenant to or connected with any
of the aforesaid railroads, or which has bet-n purchased or acquired by the Receivers in this cause.
Alao.all the franchises of the said New York &,
Oswego Midland Railroad Company, including the
franchise of being a corporation, which the said
company possesi-ed on the first day of July, one
thousand eight hundred and sixty-nine, or which it
afterwards acquired, and which are necessary,
material or useful in connection with the ownership, use or operation of the aforesaid railroads.
Also all the rights of the said Railroad Company,
defendant, to the telegraph erected and used along
its aforesaid railroaua.
Excepiivg^ however, all the
railroad of said Railroad Company knowu as the
Western Extension, extending from tl.c town of
Cortland to FreeviUe, and from Preeville, in the
county of Tompkins, wesiwurdly laid northCompany, the Rome
Talmage's Sons,
az Wall
tlie lands, tracks, lines, rails, bridges, viaducts, culverts, ways, righis of way and materials, buildings,
ferries and ferry boats, piers, wharves, erection*",
fences, walls, lixturcs, telegraph poles, tclcCTaph
wires and appurtenances to telegraphs, privireges,
casements, rights under leases, terms and parts of
tracks,
SUPER-CARBONATE
No. 11 Old
New York & Otwego Midland Railroad Company,
and for the forecloenre of which this suit was
broaght, namely: The main Hue of road, extending
from the City of Oswego, upon Lake Ontario,
through the counties of Oswego, Oneida, Madison,
Chen mgo, Ot8e;;o. Delaware, Sullivan and Orange,
to the state line between the States of New York
and New Jersey. The Cortland Branch, from Cortland, in the county of Cortland, by way of Trnxton
and De Ruyter. through the counties of Cortland,
Aladison and Cheuaiiin), to Norwich on the aforesaid
main line. The New Berlin branch, from New Berlin, in the county of Chenango, to the aforesaid
main line. The Delhi Branch, from Delhi, in the
county of Delawa'-e. to the aforesaid main line.
The Kinffstonand EHenvilH' branch, from Ellcnville,
tlirou'^'h the counties of Ulster and Sullivan, to
aforewu'd main Hue. Togethcrwithalland singular
Now York & Oswego Midland
COTTONSAILDUCK
all
directed to be sold, that Is to eay:
All and singular the railroads, railways, branches
and rights of ways, and other property belonging
or appurtenant thereto constructed at or since the
date of the mortgage made by the said defendant, the
terms, iigrccmcnts, covenants, and contracts of all
and every kind, franchises, rights anci interest.'^", real
estate, personal property, choses in action, leasehold and other thingd of and belonging to the said
MasDtactnreri and De&len In
And
fevenly-seven, at twelve o'clock, noon, of said day,
the premises and property In and by the caid decree
Otrmgliout tlu World.
wardly to some point on tho Niagara river, in
the county of Erie, and including in such exception any interest in or right to the use of
the track or railroad of the Utica Ithaca & Elmira
Railroad Company, between Cortland & Frecviile.
Andexc4r)tingaUo\h^\.\\x^^ parcels of land in the
village of Middletown, in the County of Orange,
and Stftt* of Nt\v York, heretofore conveyed by the
said railroad company to the defendant. David
Winflcid, by dted dated the firt-t day of August, one
ihousand fight hundred and seventy, and now boii
and poPBCf Hed by him. And aim fxcptingthQ following lands in the village of Middletown. heretofore convoyed by the said railroad company to Iho
defendant. Mathias Donohuc, and now held and
possessed by him, viz: Two small triangular pieces
<'f land in said village, lying between Myrtle Aveituo
on the north, and the premisicsof John Collins on tlte
south, and a line parallel with and ninety feet from
the centre line of the railroad of said company, asthe eame is surveyed, mapped and located, on tha
west, and to the limits of *aid company's land on
Iheeaet, the same bein2;all the lands acquired by said.
company, of Jacob F. Smith and Pierce rofpeciivcly,
which lie easterly of said line, parallel with and
ninety feet, as aforesaid, from said centre line of leald
company's roadway. And a'so txceping all tboBO
several lots, pie:es and parcels of land situate, lying:
and being in the town of Minii;)nk. County of Orange,.
and State of New York, described as follows:
Tho first of which said lots is described in a converance, made and executed by Marcus S. Tl-iyne and
wife, to tho New York A Oswego Midland Railroad
Company, and recorded in Orange County Kccorda
for Deeds, in Liber No. i2?, on page SIS, etc. The
second of which said lotb is described in a deed of
conveyjince, made and executed by Lewis TuthJIl
and wife, to the New York & Oswego Midland Railroad Company, and recorded in Orange County
Records for Deeds, in Liber No. 238, on page 273,
etc.
The third of which said lots is described in a.
deed of conveyauce. *nade and executed by Lawsoiv
Dunn and wife, to the New York & Oswego Midland
Railroad Compsny, and recorded in Orange County
Records for Deeds, in Liber No. 239, on rage 20i,
C
etc.
The
fourth of ivhich said lots
is
described in
a
deed of conveyance, made and executed by Dennis
Clark and wife, to the New York & Oswego Mid'and
liailro.id Con;r,any, and recorded in Orange County
Records for Dec<iH, in Liber No. 240, on pa^c 209, etc.
The fifth of which said lots is described in a deed of'
conveyance, made and executed by William W.
Tuttlo and wife, to the New York & Oswego Midland Railroad Company, and recorded in Orange
Liber No. 252, ot
County Records for Deeds,
deeds on page r84, etc. The sixth of which said
h.ts is described iu a deed of conveyance, made and
executed by Henry White and wife, to the New
York & Oswego Midland Railroad Company, and
recorded in Orange Coui.ty Records for Deeds, in
Liber No. 237, on page 84. etc. The seventh of
which said lots is d(!iscribed in a deed of conveyance,
made and executed by Bridget Donovan, to the J^ew
York & Oswego Midland Kailroad Company, and
recorded In Orange County Records for Deeds, in
Liber No. 2:i6, on pa^e i5i, etc. Tho eighth of
wiiich paid lots isdescnbcd byadccd of conveyance,,
made and executed by Ellas F. Murrow, to th New
York «fe Oswego Midland Railroad Company, and
recorded iu Orange County Records for Deeds, in
Liber No. -iSS, on pages 170, etc.
The said property will be sold in one parcel. The
leasehold interests in the Utica Clinton & Binghumpton Railroad and in the Rome & Ciinttin Railroad will bo sold separately, if the complainants so
m
diiect or assent.
The sale will be made subject to judgments
obtained for right of way and claims therefor, and
also subject to all sums due for taxes, and also subject to any nnpaid claims of any of the employees
of the Receivers, and of all others for labor or for
fiupiilier* furnished for the operation of the railroad
frorn the time of the first publication of the noticdof sale of the said property nnder the sa:d decree,
up to the time of the delivery of the deed to the
purchaser, so that the said claims of employees and
others for labor and supplies shall not exceed thosum of fifty Ihousand dollars, which claims, judgshall be assumed by the purchaser
in addition to the amount of the puicUaee money
or bid.
The mortgaged premises will not be sold at sncK
sale for a less sum than two million five hundredthousand dollars in lawful money of the United
States, and if no bid of two million five hundred thousand dollars be oflfered, the Master will
adjourn the sale, from time to time, uutU the-
ment and taxes
further order of the Court.
Of the whole purchase money, not less than on»
hundred thousand dollars will be required to b»
paid in cash at the time of sale, and at the time of
the delivery of the deed so much of the total purchase money shall be paid in cash as shall be necessary to pay and discharge the cortiticates issued and
to be isiiued by the Receivers of the said Kailroad
heretofore appointed in this cause, with the Interest
accrued and to accrue thereon, together with all
other obligations, liabilities or incieutedness of thft
said Receivers; and there shall also be paid iu casfee
80 much of the said purchaise money as shall fa*
necessary to pay and discharge all unpaid taxes not
assumed by the purchaser upon the said moitgaged
premises, and all the costs, fees, allowances and compensation provided for in said decree, as well as all
the expenses of the said sale. For the remainder
of the purchase money the Master will receive^
any of the Receivers' certificates or any of the pastdue coupons and any of the bonds secured by tho
aforesaid mortgage set forth in the bill of complaint,
each such
certificate,
coupon and bond being
re-
sum as the holder thereof would be
entitled to receive under the distribution ordered
by said decree, and according to the priorities
therein adjudgid.
ceived for such
Dated,
November 91.
1876.
KENNETH
G.
WHITE.
Master.
AxBXAKn-En
&
GnKEw,
Complainants' Solicitor?,
Ho. 120 Broadway,
A'ew York City.
December 23,
THB CKROmcXR
1876.]
Financia).
Financial.
A. C. Burnham,
WM.W. WAKSMAK. JAS. R. JKKVP, JK., AABOIT CO!rU4M.
MembarN.r. Block Kx.
Financial
REAL ESTATE
MORTGAGE BONDS
GUARANTEED BY
33 PINK
NEW
BT.,
Wm. W. Wakeman & Ca
VORK.
[KaubllBhed at C'bunpalKn, IlllnoU, In I8W.]
REAL EKTATB: FIRST
nORTOAUK BONDS,
$200,000
THJf
Equitable Trust Co.,
for aale In amounts of
EIOHT
to
TKH
9I,00<) an<l
upwards, yielding
I
these Boncfe.
All mortgages secnrlng the Bonds are formally ap
proved by ihe following Executive Board
:
KOBMKT L. K.ENNEUV, ADKIAN ISELIN,
JAMKS A. U:)')SEVELT.
SAMTTKL WILLKTS.
KUCIKnR KELLY.
WM. UEMBEN.
JOHN D. MAXWELL,
CHA8. BUTLEK,
GUSTAV STELLWAG.
1 heae SecnrltleB bear Seven Per Cent Interest payable semi auuually, and arc oflcred for ^ale at one
haudrcd and two and Int' rest at the ollloe of the
Eqtritable TrustCompiinf Nob. fl'^ & fjl William atroet.
.
-TONATHAN EI>WAKI>S,
PregUlCDt.
TUB iVEW £9IOLAND
Mortgage Security Co.
An experience of At teen vears, during which mUllone
nf iloUarH liiite bten toatmu ttirongh the above hou*ieJi,
ami Jio tf/tseft Incurred, demonstrates the safety and
deKlral)lllty of these investments. Send for descripGood County and School
tive lists of securities.
bonds for sale. Iowa lands bought and sold.
ON FIRST IVORTGACiE SECrRITY.
Have had an experience of over twelve years in tbe
hustuesa. Make none hfM.Hufe\%M\H. Loan no more
than one-tbird the actual value of the security. Guar<
antee a vernonal luHpcctlun of the security In every
Iowa Loans, when car^tUy pUtcea^ 9(^/6 a»
case.
Gooernment liomU
Choice Loans of (J.OOOand upwwds made at NINE
Choice FirhtClakb ntorigages,
net.
aiuply secured on Iowa farms, constautly on hand and
for sale at our New YorK otflce.
Kcfer to John Jeffries. Esq.. Boston, Mass.; Jacob D.
Vennllve, and (iilmaB, Sou & Co., New York; J. M.
Allen, "Esq., llartford, Coon., and others, on appUcatlou. Send for Circular.
PEU CENT
A. C.
BUKNHAM,
SECURED BY
HEAL
bsxaxk:.
QUARANTKED. PRINCIPAL AND INTEREST,
BT
per annum.
cipal
and Interest Coupous
&
(EetablUbed
©-P $500,000.
A
MAKE A SPECLALTY OF SUCH INVESTMENTS for
and invite correspondh^ck aitd
quIKY AS TO TUKIR STANDING.
Well-known references on application.
Capitalists,
in-
TWEI^VE PER CENT ntORTGAOES
IN
Denver
43 inilk Street, Boston.
Thene BondB are commended to 'he attention of the
CHICAGO,
:839.)
City, Col.
Corporations, to the
The best mortgage loans can be made In Denver,
on Improvca real estate, at twelve per cent net,
the range on mortgage loans being i2 to 18 per cent.
Colorado having been admitted to the Union as n
State, her capital (the tlouriBliing City of Denver)
now ofTcrs a favorable fleld for uafe loans on Improved property, at high rates of Interest. Tbe undcrBfgned fiafj estiiblished an agency for the InvcBtmcnt
of Eastern money.
References In New York :— Fred'k S. Winston, Esq.
President, Mutual Life Insurance Co.; Charles P.
Kirkland, Esa., 2^ Nassau et.; William U. Dana &. Co.,
PubliBhers or the Commbbciai, aj>{d Elnancial
Uouaof
CUBOMCLK.
INVr.bTohS,
ad they ate
eUeved to bH as perfect a 'ecurlty as cnn be obtained.
The Ifsue of Bonds Is limited to uue-balf ibe amount
of the same class of Bondi ever ifesued under a like
Guarantee,
The security of each Bond is not confined a to single
Mortgage, but extends over all the MortgaKes owned
by the Compa <y. Huh Company receives no depO'lts,
f:uarant' esno otbet securities, and has uo other debts
ban Us bonds. Its Mortgages are ot like cbaracter to
those which have bc^n bought in the last twenty yean
by Individuals, Life Insurance Companies antf other
amount of mote thnn Fifty Mlli'oiltirp. provinga most secure aud satisfactory
investment. 'Ihe Loans are all upon improved Farms
In some of the most fertile Western otatea, near the
KaUroads. with short and perfect tlttea, and average
less than $650 each, upoa property worth n<^arly four
times their amount. Experleace has proved that we'lsetet te<l Morttacea upon thts class of property are
eater than those upon eliy property, either In the East
or West. They ai e notallected by Fires, or by BuelnesB
leTuUlons Priuelpal aud Interest are more promptly
paM and upon the su'cesa of Agrl-ulture depends
Uiat of almost every Industrial luvestmenc.
Col.,
CHARLES
P. KIRKtiAND, Jr.,
COUNSELLOR AT LAW,
I>euver, Colorado.
First
,
801.D
UN COMMISSION.
forniatloo.
CALHOUN,
"W.
fti.
STEEIiE,
I
S
Accountants
& Auditors
NAMAV
No. 20
ST RKKT .
-
Conmllcatod accounts of Estates and Pannershlpft
InvcstlKated and adjuitted. Accounts prepared forth*
SiirroKatc. Hooks of Public Couipanlea, Firms, *c.,
opened, written up or closed.
Bpeclal attention given to Railroad InrestlgatloM.
KurXB UV rKRVISSinN ID
Geo. 8. Coe, Esq., Pres't Anierlcau KKcliange Hank.
W. A. Wheelock, Esq., Pres't Central Nat. Bank.Tas Lynch, Esq., Pres't Irish EinlKraule society.''.
Col. U. S. .McComb, Pres't N.O. St. 1.. & Clilo. lOLGo.
Ex. Norton, Esq., Pres't Paducah i Meiiiphls llR.Co
Jos. F. .loy, Esq., Itecelver Dutchess & Col. Mi.
Parker Handy, Esq., Banker.
H. W. Sniitliers, K»(|., Agent.
Hon. H. .\. Sinythe, late Collector of Port of N. Y.
Hon. Jas. P. Sltiniitt, Judge of the Marine Court.
Messrs. Van Winkle. Candler & Jay, Counacllors,*e«,
The undersigned
ofTera for ssle the f oUowIur valuable tracts of Coal LandR, Immediately on the Kauawb*
Elver iind liio Clicsapcatve & Ohio iUlIroad— the latter
ruuulns throuKli their fronts over three miles. Tho
same inclines that bring the Coal to that road may Iw
UHed to dump It Into the barscH on the river, which Is
now
Co.,
IIAWLEY BUILDING,
Interest Coiipona payable femi-annu lly.
Bonds
reglatered to ordc, or payable lo bearer at opttoii.
Acctucd iDtereac la not required to be paid by purchaser, the iiext'due Coupon bei^'g stamped so as to
denote thj t Interest beglus at the a i e of pu rchase.
P.imphlet wiih lull i^furniHtlon will be sent on
ppUcatloD to the Couipaby's Office,
MOSC CONSEuVATlVE
PAID PROMPl'LY.
Walker
BOCOHT ADD
Quotations of all ttie active MlnlnR Ktocks of
San Francisco Htock Hoard, and MlnloK news received
dally, furnished by mall to any party desiring tlifl In-
Kanawha Coal Lands.
paying from Eight to Nine Per Cent,
Interest payable semi-annually. Prin-
Baldv^in,
ITS
CAPITAL STOCK
RluflO*, lotva*
New York.
Pine Street.
33
CAREFULLY SELECTED, secured by FIRST LIEN
on DESIRAHLE Real Estate In Chicago and vicinity.
THE SAFEST and MOST PliOFITAllLE INVESTMENT, now
FIRST aHORTG AGES Of liVIFROVEO
No.
Mortgage Loans'
OFFERS FOR SALE AT 105'ANniNTEREST.
SEVEN PER CENT TEN-YEAR BONDS
TITM^EYS,
Sc
€ouncll
AUH>,
GALIFeRNIA AND NEVADA
MIJNUVCI STOCKS
E.
Ten Per Cfnt Net
BVRNIlitn
80 WALL STREET.
GoTernment Securities, Stocks & Bondsv
Cent Interest, and
I'cr
negotiated through the houses of
$l,OOOtOOO CAPITAI«.
TBBSBREAL ESTATK MOKTGAUB BONOS AlW BURNBAM. TRKYETT* MATTI3, Champalgit, III.
aVRHJlAM db TULLBYS, ouncll BiHfft, Iowa.
COIiMKNUUD TO THE ATTENTION OF
HORNHAlf, ORMSBY <t 00. Hmmtuburff, lomt.
THE MOST
COIVS^BRVATIVE IIVYfiSTORS. KASSAS LOAN <t TRUtiT CO., ThlMka, Kantat.
^<r*l—Tber iiave Che iQdtrldufll liability of the
maker.
Second— Each bond Is secured by a first mortgage of
eal estate of not lef^s tliao double Its value.
ThirU—The prompt pnyment of both principal and
nterest of every bond la jruaranteed by tnU Company.
The Company gHArunteeiDg tnc&e Bonda recelvea no
depofiit.*), owes no money, ituu Incura no obligations of
ny chHracter except those arising from auch guaranty
thereby keeping i»s whole capital ot One Mhllon
DolJars unimpaired, TO MEET AT ALLTlME.s the
prompt payment of both prlnclpftl and Interest of
BANKBRIi AND BROKERS^
beinK luiproved by the General Goveroment for
Btcanihoat navigation the year round, to and abOTQk
tliat point.
One tract of 1,322 acres fronts on the Kanawha Rlrer
at Point Creek.
One tract of S.J"?! acres fronts oh tlie Kanawht Rtrer
at Cabin Creuk.
Tbe hne Splint and celebrated Gas Coal Mams of
CoalburK and Blackburg underlie both of thefte tracts.
Also a tract of 40,372 acres on the Gauley River, six
miles above Its mouth. conUilnluK the best developed,
st-ams of Canupl, Sullnt, and Bituminous Coals found
in the Kanawha Hasin. These lauds have been examined most rrltlcally by several emtnenf Knpineers,
who unite in the opinion that on account of large 8l»e,
location, and superior character of minerals und tlnaber, this is one of the most promising investmenut
now offered In America.
On apnllcatlon to the undersigned, full and detail«d
eportsov these eminent Bctenttst«, accompanied wltlL
Maps, will be f urnlsheo. and all necesaarv luformatlrn
given In regard to price, terms, and title— latter perfect. Address
E. H. MAURY. Richmond, Va.
P. O. Box 35.
Q. BUOKI!iaHA.H, Jr.
EDWABD
B. UliDKBHUaL.
Buckingham& Underhill
(Members
New York Stock
BBOKEB8 IN
Excliaage.)
STOCKS, BONDS, GOLD,
AND OTHEB SECURITIES,
New Tork.
No. 16 'Wall Street,
Mortgage on Iowa
;
;
Farms.
BBNHV 6ALTON3TALL.
FRANCIS
A.
OSBOKN.
President,
Treasurer,
TIOi£-PRB0IT>infTe:
Geo. C. RtchardsoC;
Thoinae ^^ftlEgleswozthj
Geo. P, €pham,
Amos A. Lawrence,
Junei
DIBSOTOK8
:
Charles L. Flint,
K. R. Madge,
Benry
John 1*. Putnam,
David K. Whitney,
S^llonsiall,
Cburles L. Young,
PER CENT. NET ON INVESXMENT
GUARANTEED.
J.
Loan only to onc-third of actual cash value of security oScrcd. No expense to InveBtor. Safe as Governiue'it
B. TTpham.
For particulars addrtss
A Solid Ten Per Cent.
established
CENTRAL ILLINOIS LOAN
AGENCY, known all over New England and the Middle States as the Agency whoee interest coupons arc
eild a8 tertninly and as proniijtlu sn.^ the coupons of
overnment Bonds, has enlarged its Held and clianged
Its name to "THE KANSAS, MIS80UKI & CENTKAL
ILLINOIS
LOAN AGENCY.**
There
la
no
chan^
in
character or toanaffement. If acKKTAiN oiean TEN
PER CENT will satisfy you, address for Circular.
Xc((*ari/." KANSAS. MISSOURI & CENTRAL ILLIIts
NOIS LOAN AOENCY," JieKsoNViLLK,
NEW YORK.
W6u;«&tieet
GOSSLER
&
Co.,
Bank or iinmbniK and
London, (Llmilcd.)
HOUSE IN EUROPE,
BBBBNBBRO, GOSSLBR & GO
iBternatloual
JOHH
III.
BOSTON,
Pearl Street.
EAUBUBe.
_^
Grant
&
Company,
STREET.
TRANSACT A GENERAL BANKING BL BINES8
STOCKS BOUGHT AND BOLD ON (X)MM18SI0K
INTEREST ALLOWED ON DEPOSITS.
K. STrrsAM
G&uiT.
T.
ST.
ANI> ALL CLASSKe OF
INVKPTMKNT & MISCELLA'SKOUS SECtTRITIES.
l icfers byperinlsslun to W. s. Nichols & Co.,Bankere.
MEN AND IDIOMS OF WALL STREET
BANKERS AND BROKERS,
No. 33 VrAI.1.
Mi
Alden
(jayiord,
33 wrall St., New ITork,
DKALKR IX
liOUIS CITY 4: COCNTV BONDS^
EVERETT,
J. S.
ATTOKNET-AT-LAW AND MORTGAGE BROKER,
mount Ayr, lovva.
The Bridok tuxt hascai^ixd you bafelt otxb
The old
Bouds.
FIRST-CLASS REFERENCES FUBNISIIKD.
OOUNSKL;
Hon. H«nry W. Paine, Boston,
Simeon £. Baldwin, New Haven.
\U
10
L. Little,
O. St. Jobs BHxnsiaw
Is
a
new TJ page book
prices
<)(
stocks for
15
giving the highest and loweet
years, complete list of defaulted
small sums oj
money. Copies sent free lo any address, t)raer8 fof
stooki auil .to k privileges executed by mall and talegraph, coiircUous made, mooey Invested, and iBfor
mauon g en by
JOHN
HICKl.tKia
Banker. -nd Uroker..
L.
W. Hamilton &
leading opera-
lallroasls. Black Krlday, sketches of
tois, and the method of dealing on
7J
&
CO.,
illlilAnWAY. "
.
T.
Co., Wall Street Caricatures.
STOCK BROKERS,
New York.
No. 37 Broad Street,
liny and sell on Ave re>" cent margin all Bccurltles
dealt In at the New York Stock Kitlinnae ; also Privlleuea on all active stocks. Full particulars rCKtrdlng
tbe beu mctliod of speculating In ttocka maUcd tree.
A new book. 48
pages, conUiulng 14 eneraved illoa.
"'iNFOKM ATION FOR STOCK SPECULAT0K8.
Price lUc., clotli coviis; paper covers free.
TUMBKIUUB ti- CO.,
Bcuiken and Brokers
'4
^ all it.. H. c.
'
.
'
CHRONICLR
^TBE
Vi
[December 23, 187P;
Ocean Steamskips.
Ac ORKAT W^ESTERN
STEAM COMPANY (I^imlted.)
Financial.
Financial.
^rO in ARIA ATARNER, THOITIAS
X WARNER, MARY AKN Kl.LlOTT, WILLIAM
WARNER, and AMY CLARK, or the legal personal
them as may be dead.
In the High Court of Justice, \
(Chancery l>IvfBlon) is Ekglakd. (
In the matter of aa Act passed In the 10th and llth
years of the reign of Ifer present Majesty Queen
Victoria, entitled "An Act for better securing truRi
funds and for the relief of Trustees" and in the matter of the Trusts of the Will of John WUlcr, deceased.
Take NoTicji, that in pursuance of the provisions of
the above-mentioned Act. an affidavit of Frederic
Kitton, of the City of Norwich, In the County of Norfolk, In England, TobacconiHt, the surviving executor
of the Will of John Wilier, of North Walsham, in the
said Countv, Plumber and Glazier, deceased, filed In
the said High Court of Justice (Chancery Division),
in the above-mentioned matters, on the a2d day of
May, 876, an order (dated the 30th day of May. 1S76>,
and the directions of the Paymaster-Ceneral of the
Chancery Division of the said High Court of Justice,
the said Frederic Kitton did, on the 2nth day of May,
1876, pay into the Chancery Division of tlic said High
Court of Justice, the sum of JESTS, in manner following; that is to say, iCI 5 (being onc-ftfth part thereof)
to the account of " the share of Maria Warner, one of
the children of the testator's sister, Maria Warner, of
the testator's estate" XI 5 (being another llfth part
thereof) to the account of " the share of Thomas Warner, one of the children of the test-ator's sister, Maria
Warner, of the testator's estate" JKl 5 (being another
fifth part thereof) to the account of " the share of
Mary Ann Warner, one of the children of the testator's sister, Maria Warner, of the testator's estate":
£115 (being another fifth part thereof) to the account
of " the share of William Warner, one of the children
of the testator's sister Maria Warner, of the testa-
IiIVBRPOOIi
representatives of such of
CAJ Co.
BANKERS,
;
WALL 8TBEBT AND BROADWAY
eOR. OF
New
Tnnuot « General
York.
Banking Business, Inclcdlng tbe
Micliase and sale of STOCKS,
't«r caab or
BONDS and GOLD
on a margin.
iBvcatment Sccnritles F«r
P. O. BOX 2,647.
A.M. ElDDKR.
C.
Sale.
W. Tbask
W.McLkllaN, Jb.
;
The Brooklyn
jCot. of
MoDtaKue
CAPITAL,
Tblf Company
Trust Co.
& Clinton its., Brooklyn, N. Y.
$500,000.
authorized by gpectal charter to ao
«s receiver, trustee or gTiardiau.
It can act as agent In the sale or management of real
Interest
or dlridenda, receive registry
ottote,col)ect
and tr&D6fer books, or innke purchase and sale of Government and ether aecurltiea.
fCcliglous and charitable Institutions, and persone
OMbCcnetonied to the transaction of business, will find
tbis Company a safe and convenient depository for
is
lUPLKY ROPKS.Presldent.
CHAS. R. MARyiN, Vlce-Preat.
money.
J£»6A.B
M. CvhLSN, Counsel.
TKUbTKES:
Henry Sanger,
Alex. McCne,
Chas. K. Marvin, A. A. Low,
JobH P. Rolfe,
Tbomaa Sullivan, Aum. B. Baylls, S. B. Chittenden,
U. B. Pierrepont, Dan'l Cbauncey, John T. Martin,
Joslah O. Low, James D. Plah,
J<Ait Halsey,
J* 8. Rockwell,
Alex. U. White.
Wm. R. BUNKKK.
SecreUry
;
tors* estate" and £ 15 (the remaining fifth part therearner, one
of) to the account of " the share of
of the children of the testator's sister, Maria Warner,
of the testator's estate. And further take notice,
;
Amy W
that the said Frederic Kitton maybe served with any
petition, summons, or notice of any proceeding or
order of the said High Court of Justice (Chancery
Division), or of the Judge in Chambers, relating to
the aforesaid sum of £575, or fifth parts thereof, at
the office of Mr. William Easton, No. 3 CliflTord's Inn.
in the City of London, Eng., Solicitor, acting as the
agent for Mr. Frederic Fox, of the City of Norwich,
aforesaid, the Solicitor for the said Frederic Kitton.
Dated this 22d day of June, 1876.
WILLIAM EASTON,
Clifford's Inn,
Ag ent for Frederic
No. 45 ^Vall St.
DEALERS IN SPECIE AND UNITED STATES SE
CURITIE8. BUY AND SELL STOCKS, BONDS AND
GOLD FOR CASH, 01! ON MARGIN. SPECIAL ATTENTION PAID TO ORDERS FOR INVESTMENTS. I
ORDERS EXECUTED AT THE PHILADELPHIA
AND BOSTON STOCK EXCHANGES.
COI.
BROADWAY A WARREN
Alex Frothingham
81.,
No. 12
Invested In United States Ooverament Bonds.
THREE PER CENT Interest per annum
DmoUta subject to ckect at sight.
myf t OUR PER VE.\T Interest per annum
Pays
on
on
tptctai deposits revuiining stx months or longer.
Acts as Trufitee for es'stes.
I). U. MANGAM, President.
C. ChUIKSHANK. Secretary.
& Co.
BANKERS AND BROKERS,
PAID-UP CAPITAL,, f 1,000,000.
Reliable
able rates.
WALL STREET.
STOCK PRIVILEGES
negotiated st favorStocks bought and sold on a margin of
dye per cent.
Circulars
and Weekly Financial Report
sent free.
Coal
CAI'ITAL,
ONE
IfIILI.IO.\
GOALBURGH
DOLLARS,
EDWAKU KINA, Pre»ldent.
mcl.E »N, First VIce-Presldeut.
'Wn. AVHIXEWRIUHT,
M. MCLkaN,
«. H. HCTTOS,
«. B. WisLiiT,
^. O. WUXIAMS,
SamUKL WiLtKTS.
-J.
J.
Wm. WniTKWllIGnT,
Geo. Cabot Wabd,
TBKODOKK ROOSKVBLT,
H. OGILVIE, Secretary.
Lancaster Saunders & Co
5
BANKERS AND BROKERS,
64 Broadnray, New York.
SOUTHERN AND MISCKLLANEOUS SECURITIES
Bought and Sold on Commission.
VliiGINIA STATE AND RAILROAD SECUHITIK
A
Specialty.
A. H. Brown
&
Bankers and brokbrs,
T Wall
St.,
Cor.
Steerage, $36
Intermediate,
;
according to state-room.
New. New York.
DepofiltB received sHbJeci to^chcck at sight, and
<£n(«r«8t allowed on dally balances. Special attention
«lven to the buBlness of COUNTRY BAN-KS. Kxe
<«to orders for the purchase and sale of STOCKS,
4IOXD9 and GOLD.
Ail juaua of Investment Secaritteg a Specialty
fVlO;
Oflices, 29
\riLLIAins
CuNARD
Cabin, $65 to $80
Broadway.
GIJION.
&.
Line.
^NOTICE.-With the view of dlmlnUhlng the
chances of collision, the steamers of this line take a
specilled course tor all seasons of the year.
On the Outward Passage fri'Tii Qaeenstown to NejT
Vork or Boston, crossing Meridian of 5« at 43 Lat., or
nothing to the North of 43. On the Homeward Passage, crossing the Meridian of 50 at 4:1 Lat., or nothing
to the North of U.
THE BRITISH AND NORTH AMERICAN ROTAL
MAIL STEAMSHIPS.
BBTWEKN NEW YORK AND LIVERPOOL,
CALLING AT CORK HARBOR.
FROM MEW TOEK.
ynoM ^KW YORK.
Abyssinia... Wed., Dec. 27
,
Abyssinia... Wed., Jau. 31
3 *Ru8>ia
Wed., Feb. 7
Wed., Jan. 10 Paribla
Wed., Fob. 14
Wed., Jan. 17 Algeria
Wed.. Feb. SI
Wed., Jan. 24 China
China
Wed..teb.28
And every following Wednesday aud aaturday Irom
Russia
Wed. .Jan.
I
Farthia
Algeria
l
I
;
New
Yora.
Steamers marked * do not carry steerage passengers
Rates OF PA88AGK.--Cabln,HS0, $1110 ^nd $130 gold
according to accommodation. Tick ts to Paris, |15
gold, additional. Return tickets on favorable terms
Steerage tickets to and !iom all parts of Europe at
bills
of lading given for Belfast, Glasgow,
Havre, Antwerp and other parts on the Continent
and for Mediterranean ports. For freight and passage apply at the Company's otHce, No. 4 Bowling
Green.
CHAS. G. FRANCKLTN Agent.
O JX L, 1
Direct Line to France.
The General Traas-Atlantic Company's
Mail Steamships,
BETWBRN
NEW YORK AND HAVRE,
Calling at Piyraouth for the lunclng of Passcngeis.
ihe splendid vessels on this favorite route for the
Continent, (being more southerly than any other.)
will sail from Pier No. 43 North River, foot of Barrow
street as follows
L A Bi; A nOR, .tanglier
Saturday, Dec. SO, 3 P. M.
AMKKIQDE, Pouiols
Saturday, J »n. 13 3 P. M.
FKANCfc, Trudelle
Saturday, Jan. 27, 3 P.M.
E-KICK OF PASSAGE IN GOLD (Including wine,)
First cabin, ¥120 aud 1110. according to accommoda*
•Ion. Second cabin. 172. Third, $40.
at
reduced
rates.
LOUIS DE BEBIAN,
Sale, In lots to suit purchasers, at lowest market
price. The trade supplied. Also, beet quality of
Aeent, S5 Broadway.
ANTHRACITE COAI>,S.
ALFRED PABIflELE,
yard-5S7 W. 23d
st.
32 Pine St
Office,
TO
BI-MONTHLT SERVICE TO JAMAICA, HATTI,
COLOMBIAand ASPINWALL. and to PANAMA and
SOUTH PACIFIC PORTS fTla Asplnwall.)
fuH-powered, Iron screw steamers, from
Pier Nell. North River.
For HAYTI, COLOMBIA, ISTHMUS OF PANAMA,
and SOUTH PACIFIC PORTS »vla Asplnwall),
ANDES
Dec.2T
Fiist-class,
Vor
KlNUSTuH
Jan.
(Jam.) and
13
UAYTI,
Deo. 2S
About
at
11
Went
New Tork,
St.
AGBNTS FOR
BOBDEN niNING COIUPANT,
CUMBERLAND COALS.
FALL RIVER IRON WORKS COM'IT
AND
NALL8, BANDS, HOOPS
RODS.
J.tn.l»
Superior Urst-class passenger accommoOMlion.
PIM, FORWOOD & CO., Agents,
No. 50 Wall Street
OLD COLONY STEAMBOAT
CO.,
FALL RIVER LINK STEAMERS.
Stonington Line.
Wire Rope.
STEEL, CHARCOAL,
FOR
'
anil
B. B. Of the very best quality
suitable
,
Ships,
Iricks, Inclined Planes,
,
(except Sundays), at 4:30 P.M.
Through tickets to principal New Enitland points at
KU. depots and ticket oHices, State- Rooms secured at
omces of Westcott Express Co. and at 363 Broadway.
Hoisting
?
Lar;i;e
(direct).
Freight only, steamers leave Pier 21.N.R., footot
daily (except Sundays) at 4 P. M.
Direct connection to Worcester and points beyond,
* lelghlB via either line taken at lowest rates.
D. 8. BABcocK, President.
,
for
Rigging
Isuspeniion Bridged, Guys, Der
RHODE ISLAND, NARRAGANSETT and STONINGTON, leave Pier 33, N. R
foot of Jay St., daily
The elegant steamers
PROVIDENCE LINE
N. I.OVXI.L
&
Lovell,
OORIiniSSION niERCHANTS
Atlas Mail Line.
CLARIBEL
AiLAS
&.c.
I..
Borden
Tr an sport ation
ALPS.
Railroad Material,
WU. BOBPBM.
REDUCED FARE.
Co.,
P.M.
January^, atU A. M.
January 30, at S P.M.
RATES FOR PAS3ENGEUS REDUCED,
BoHton and All Points East.
Laans Negotiated.
1
WISCONSIN
SPLINT,
jr. nr.
Second Vice-President.
EXECUTIVE COMMITTEE.
at
January 2, at 7 A..M.
January 9, at IP. M.
January ]6, at 6:30 A.M.
MONTANA
NEVADA
For
INVESTED IN UNITED STATES BONDS.
Anthollzed by Inw to act as Kxecntor, Admlatrator,
OoATdlaii, Ket-eiver or Trustee, and is a legal depository
for money paid Into Court fvr transferred to It by any
Surrogate,
Inteiest allowed on d-potlts, wlilcn m»y be made
and witddrawn at any time.
N. B —Sheets ot DepijsUora on this Institution pass
'through the cleHring Iluune.
.
December 26,
PA'^PJ^
IDAHO
AMERICAN CANNEL,
St.
If
North River
46
Steerage, $26, with superior accommodation and
Including all necessaries, without extra charge.
Steamers marked thus * do not carry steerage passengers.
Union Trust Company English Cannel,
Of NKW TOUK,
BA
S
Leaving Pier No.
Return tickets
JOHN
No. 73 Broadway, Cor. Rector
TVE
_
J^aK9^'N^
Through
Haar & Co.,
BANKERS AND BROKERS,
OF THB GIT¥ OF NKW YORK,
LIVERPOOL (Via Qaeenstown),
CARRYING THE UNITED STATES MAIL.
very low rates.
London.
Fox, of the City of Norwich
J n. Haar, J. Hknqstler. R. M, Raven,
Member Stock Exchange
Member Gold Exchange.
1f|IJ€
:
Stock
Mining
&c.
A
constattly
on
Purposes,
hand, from wbica anr desired
Pjrk Place,
lengths are cat.
JCIIN
\r.
MASON &
CO.,
43 Brvadwar, Nctt Tvrk.
THE CHKUIVIOLR
December 23, 1876.]
Railroad Material,
Tli
Cotton.
Insurance.
&.o.
Lkhhah, Abbabam
PHELPS,DODGE&Co
Mew
New
Between John and FdUod,
forJt,
&
Tin
Roofing
AND
Mutual
PEARL STl'EET,
New York.
183 4s 186
Insurance
Co.
OP ALL BIZBB &ND KINDS.
Orders executed at the Cotton KxebangM In R«*
fork and Liverpool, and advances made on Cottoo
and other produ'-e consigned to u-,or to our cor*e»
ipondents In Liverpool, Messrs. It, Newgau * Co
PIG TIN, RUSSIA SHEET IRON,
CnAP.COAL AND COMMOS SllEKT IKON
SHEKT
I.EAD,
COPPER,
ZINC,
Antimony, ko.
Spelter, Solder,
COPPER, RRASS AND WIRE.
&
Co.,
LIMITED
Paacal Iron Works, Pblladelpbia.
Delaivare Iron Co., Ne^nrcastle, Del.
jiAMUPAcruRSBs or
LAP-WELDED AMERICAN CHAKCOAL
WJiOUGHT IRON TUBES & FITTINGS
*c., 4c.
OFFICE.
a09 South ThJrd St., Pbtladalphta.
OFFICES AND WAKKHOUSKS
:
N«. 16 GOLD STREET, NEW YORK.
No. 36 OLIVER ST., ROSTON.
S.
KCNHXDT. BXSBT
&1S». JOHR S.BAKHXS
&
Kennedy
S.
J.
H.
BANKERS AND
41
Co.,
ITIERCHANTS,
CEDAB, COR. WILLIAM
8T.,
Col-
Coupons and Dividends. Negotiate Loans and
draw Bills of Excbange on London.
Agents of the
CAMBRIA IRON COMPANY
JOHNSTOWN, Pa,
STEEL BAILS.
its
for the sale of their
IRON aid
All huslness relating H> the Construction and Equipment oi Railroads on lertaken.
&
Co.,
upon
W.
nected with Murine Risks.
from 1st Januto SIst December, 2875.... $6,133,134
&
C. Johnson
J.
York.
Ttevg
Co.,
COTTON BUYERS FOB MANUFACTURERS
IHBinPHIN. T^NN.
off
&
C. Watts
Co.,
ai Brown's Bnlldlnss,
(18
Losses paid during the
same period
$2,712,088 05
Returns of Premi^ims and
Expenses. .$1,317,417 iS
LIVERPOOL,
solicit
consignments of
COTTON
and order* iertke
purchase or sale of future shipments or deltrarlCi.
The Company has the following Assets, y\z.\
United States and State of New York
Stock, City, Bank, and other Stock9.$I0,3l4,940 CO
Loan 3 secured by Stocks, and otherwise
2,5)4,200 00
Real Estate and Bonds and Mortgages
M7,000 CO
Interest, and (undry Notes and Claims
due the Company, estimated at
454,037 93
Frcmiani Notes and Bills Receivable. . 3,076,360 CO
Cash in Bank
36.3,403 40
Advances made on consignments, and all Informattsa
orded by our friends, Messrs. D.
Stone street.
New
ON. 64 Baronne
WATTS A
York, sad Messrs. D. A.
Street.
Co..
aiVKH
a
*
New Orleans.
Cotton Tics.
SOLE AGENCY IN
NEW
THE SALK
YOr.K FOR
or TBI
CELEBRATED "ARROW"
MAXUFACTURED BY
American Cottoii-Tle
$16,019,910 83
the ontatandlng
certificates of profits will be paid to the holders
thereof, or their legal representatives, on and after
Tuesday, the Ist of February next.
.a
The
S.
TIE,
CompaBT^
Limited,"
LIVERPOOL, ENGLAND.
TH.
SWENSON, SON A: CO.
St., New York.
80 -Wall
The outstanding
certificates of the Issue of 187S
to the holders thereof,
or their legal representatives, on and after Tuesday,
& Co.,
wiH be redeemed and paid
Babcock Brothers
the Ist of February next, from which date all InterThe cerUacates to be produced at the time of payment, and cancelled. Upon
Orders executed at the Cotton Exchanges In NewYork and Liverpool, and advances made on Cotton.
and other Produce consigned to them or to their llras'
60 IVall Street, New York.
MERCHANDISE DEPARTMENT.
est thereon will cease.
abroad.
which were Issued for gold premiums,
payment uf iuterest and redcmptioa fviU be in
certificates
mANCHESTER
Sons.
4T Broad Street,
nor upon Fire discon-
Total amount of Assets
A
COTTON FACTORS & COMMISSION MKRCHANT
'
lect
of
;
Messrs. L. Rosenheim
Sawyer, Wallace
Six Per Cent Interest on
Railroad Investment Secnrltlei.
sell
Policies have been issued
Premiums marked
,^
New York.
Buy and
md
84, 1878.
Total amount of Marino Frcmloms.. $3,29S,894 73
No
ary, 1875,
Of every description, for Gas, Steam, Water and
Oil; Steam and Gas Fittere' Snppllct, Machinery
for Coal Gas Works, Cast Iron Water
and Gae Pipe.
IMPROVED SUQAB MACHINERY,
Jan.
in conformity to the Charter of the
from l8t January, 187S, to 3l8t December, 18T5
15,840.021 83
Prorainnis o:i Policies not marked off
let January, 1375
2,4j5,a7J 87
Life Risks
IRON BOILER TUBES,
JOBS
New York,
The Tmstcei",
Company, snbmit tlu fullnwing Sta'.oment of
affairs on the Slst December, 1875:
Preminras roccived on Marine Risks,
MANUFACTURKnS OK
Morris, Tasker
mercuants,
coininissioN
Plates,
BRO'S,
Cotton Factors
ATLANTIC
IMPORTKKS AND DUALKKS IN
A Cq.
llontgomery, Ala.
LEHMAN
OFFIOK OP TDK
CLIFF STREET,
Lcuaaa, Dubb
it Co.,
Orleans, La.
the
R. F.
BABCOCK
CO.,
it
UYERPOOL.
gold.
Locomotive
Works,
A
MANUFACTURERS OF
LocomotlTes, Stationary Steam Ed'
and Tools,
MANCHESTSS, N. H.
BLOOD, W. C. MEANS,
sines,
ARETAS
Superintendent
MaocheKter. N.H.
40
Dividend or Fortr Per Cent.
Is
TreaRUKT,
Water »ti net, Boston,
NASHVILLE, TENNESSEE,
BpBclal attention given to Splnuers' orders. Correspondntice solicited.
KaFKBSKOss.-— Third and Fourrn National Sanks.
and Propria tors of Tun UuKOKioui
order of the Board,
U.
J.
OBAPMAN, Secretary.
Insurance.
The North
British
H.
Mercantile Ins. Co.,
LONDON AND EDINR17RGH.
KSTAHLISHED
W.
1889.
ESTADLISHED
Paidnp
& Subscribed
Capital.
Fire Rtecrve and Snrplas Fund,
Jan
1st,
1876
1S66.
$10,000,000 00
..
5,032,-1115e
Life Assets and Annuity Fund,
,,,Janl8(- '87613,857,461
>et Hre Premium Receipts of the Com-
pany for 18T5
plus
Fund
73
$4,301,963 SO
Amount earrlctl
to Fire ReKerve and Sur(after providing for all lla-
Olllties)
68d9S0S6
Net Fire Premiums
of U.S. Ilranch for .'sis 1,40si!307 55
AsseU lieid by United States lirancb
1,719.06a 40
Losses nald at this Branch since eslabllshment
81837S3 00
The Fire and Life Assets are separated Uy Sp'ccl.al
Act
of Parliament, and the funds of one Department
cannot be used or apflled fur Ibe benc-nt nf ilie oi'-.i-r
.Company
transacts
only
a Fire l.uslness In the
TT^..
United Slates, and has Agencies in the principal cities
and towns.
KZHA whitk,
CHAS.
n.
Henry
UNITED STATES BRANCU:
64 TVUIain, Cor. Pine St., Nenr York.
K. WHITE,
SAiM. P. BLACDEN, Managera.
II.
Moore.
Colt,
Lewis Curtis,
Charles
II.
Russell,
Frederick Chauncey,
Charles P. Bnrdett,
Francis Skiddy,
Robert B. Mlnturn,
Robert L. Stuart,
James Uryee,
James G. Do Forest,
Daniel
William Sturgis,
Alexander V. Blake,
CharlcE D. Levericlu
Josiah O. Low,
Adolph Lomoyne,
William E. Dodge,
Royal Phelps,
ThoiniB F. Youngs,
C. A. Hand,
Adam
James Low,
John D. Hewlett,
J.
D.
JONES,
THE
PACIFIC GrANO
CO.'S
Compound Acid
Phospliate of Lime*.
The superior excellence of these products of ihttPACIFIC OUANO Ci>. have been so succcssfally
T. Saekett,
dcmonMtrated during the
pa^st ten years, on cottOB.
corn, tobacco, sujcar cano, garden voKetJihlca ana
flowers (Uic Compiiny'i* salrs having exceeded U19cnonikouH agfcregatc of d(sOU> tou.t iu a single suasonX
that attention Is specially called to it In this Centennial year.
Corllcs,
John Elliott,
Samuel Hutchinson,
WllUum U. Webb.
It 18 rich In Bone Phonphate of Mmo, finely erouBft
(a large portion of which If immediHiely soluMe^
Ammonia and
Potash, ^e^ldl8 other ingicdients ralBft
ble as plant food.
President.
CHARLES DENNIS,
VORK
"Soluble Pacific Guano"
Horace Gray,
Edmund W.
Bro.,
for special ferElllzera for particular crops.
Chwles II. UarshaU,
George W. Lane,
Lowell Ilolbrook,
David Lane,
S. Miller,
&
STREET, NEAV
Chemicals for the Vllle fommlafl, for all Crops.
ChemlciUs for tlie Stockbrtdge formulas.
Dlssolvet! Bone— Sulphate AnnnoiiU, Nitrate Fotftsli.
Kitfratc Soila, Siilpliftte of Potash, Muriate of Potfttto
40 per cent uetual Potash.
Supcr-phoBphatc Lime
Also, strictly pure ground IJone.
Our descrlptivf circulars mailed free. The materia
Gordon W. Bi;mham,
D. Jones,
Charles Dennis,
Baker
IMPOUTEKS AND MAXUFACTUKERS OF
Prime Qnality Chemlc&l ni«nnre*»
TRUSTEES.
3,
OF
J.
215 PEARIi
and
Wheless,
COTTON
oorainissioN hibrohantv
the 4th of April next.
By
&
McAlister
de-
on the net earned premiams of the Company
for the year ending 3!st December, 1875, for which
certiilsites will be issued on and after Tuesday,
clared
—
Manufactured nt the Company's Worlcs, WooA*^
Hole, Mass, and Charleston. S. C, under tiie
Vice-President.
vision of conipeleut Cheinislc.
I
W. D.
n. IIOCKE, Ud Vice Pie»U9itt
I
Said iu extra strong Fags, 3001
s.
THE CHRONICfLR
ni
T. TiLKSTON BKYCE,
k BUHMKTT, JH.,
Rwldent Agont Sttoce»»orto Wm.Bryce* Co
Cottan Factors.
Wamsutta Mills.
&
COTTOVf
Cotton Factors
AND
'«OHiniSSION REERCHANTS,
COTTON KXOHANGK BUILDING,
New York.
»dTftnce8 made on all conglgnmenta to ouroor friends In Liverpool. Orders for the
or sale of cotton, for future delivery In this
^wlll receive prompt personal attention, and
r investmenU made In Europe, If desired.
[
jr
^
Co.,
QBKERAL
NEW YORK.
New
J. S.
GRINNA-W.
FINLAY, ISCIR
dc
James F. Wenman
CO.,
and
& Co
IT
lUtabllstied (In Tontine Building) 1841.
&
&
Co.,
AND
the purchase or sale of contracts for future delivery
of cotton.
Co.,
COTTON
*C*lI9iISSION JflKBCHANTS,
laS PEARL STREET, NEW YORK.
AND
44 Broad Street, Boston.
made on consignments. Prompt
attention paid to the execution of orders for
ttivparchaae or salo of contracts for future delivery."
piiiiiiiil
)
Cotton Factors
1
Ne^ir
„ ,
Tork*
Peet,
No.
Orders executed at the Cotton Exchange, ani advances made on consignments of Cotton and otAer
Produce, and upon shipments to correspondents In
Forwood&Co.,
P. 0.
BOX 61
Neiv Orleans,
O.
P.
3,
Execute orders for Future Contracts in New York
and Liverpool, and make advances on Cotton and
other produce consigned to
IiEECH,
HARRISON & FORWOOD,
LIVERPOOL.
Also, execute orders for Merchandise In
England, China, India and Singapore.
UNDERWRITERS IN NEW ORLEANS
for the
&
Bliss
Investment Securities bought and sold. Orders exe
cuted at the Cotton Exchanges In New York and Liverpool. All Business transacted Striotlt on Commission, so that no interest of our own can posslblj
conflict witli tltat of our patrons.
Miscellane ous.
Henry Lawrence &
MANILA, SISAL, jrTE &
GENERAL
BOBEBT
L. V. 8.
L. HAITI.AND.
HACCSHOSX
CORDAGE,
GANGS OF RIGGING MADE TO ORDER.
19a FRONT STREET, NEW YORK.
»€>. 48
& Co.,
BROAD STREET, NEW YORK.
COMiniSSION MERCHANTS,
New York.
Special attention given to the execnticn of orders
Delivery.
General Commission
merchants.
Advances made on Consignments to
"kVHDON AND lilVERPOOIi.
Xnoop, Hanemann & Co
«*ininiSSION
MERCHANTS,
$10,000,000 Gold
- $18,009,429 OS
HEAD OFFICE FOR METROPOLITAN DISTRICT
CAPITAL,
AND
GENERAL COMMISSION MERCHANTS
J.
H.
Special personal attention to purchase and sale of
Ca EXCHANGE PLACE,
NEW
YORK.
CO.
Edward H.Skinker& Co.
&.
eSWMISSION AND COTTON MSRCHANTS,
V7 Pearl
Street,
New York.
H. Tileston
C0n«S
&
Co.,
BIIYKUS & COMMISSION MERCHANTS
«0 stone Street, New York.
» la Futurw ez«cat«d at N. Y. Cotton Exobango
&
Co.,
COMMISSION MERCHANTS,
65 Reaver St. &. iO Exchange Place,
&K0. W. WILLIAMS & CO
S^ETT YORK.
Bankers & CoinHileslon Merchants,
,
CflAKLKSTON, 8. O.
Liberal advances made on consignments of Cotton.
Orders executed at Uie Cotton Exchringe for tbe purchase and sale of contracts fdr future dehvory.
A. M. SOABBBOCOH*
Ueniplila.
L. A. SOAKBBOven,
Galveston.
A. M. Scarbrough
& Co.,
COTTON BUYERS,
352 FRONT STREET,
222 STRAND,
MemjtUt«, Teun. Qalveston, Tex,
Street.
OF HARTFORD.
Jan.
UaMlttles
Assets,
BRANCH
-
-
1, >T6
•
OFFICE,
JA8. A.
Bollclted.
Williams, Birnie
B0II8B8 IS
Blanebeater and lilverpool,
BEJTERSET
Correspondence
-
Insurance Company
CONTRACTS FOR FUTURE DBLIVKRT OF COT-
TON. Advances on Consignments.
-
-
iETNA
Farley, CAPITAL,
COTTON FACTORS
AND COMMISSION MERCHANTS,
13% Pearl Street, New York.
-
56 Wall
142 Pearl Street, Nevr York.
&
.
TOTAL ASSETS,
COTTON FACTORS
K. W.
Company
LIVERPOOL. AND LONDON.
BLOSS & INCHES,
Cotton Factors,
VMkBcco and
ROYAL
OF
for the purchase or sale of Contracts for Future
*Robt. L. Maitland
TARRED
FOR EXPORT AND DOMESTIC USE
Insurance
Neiv Ifork.
Son^,
MANCTAUTUSERS OF
Bennet,
121 Pearl Street,
Co.,
56 RROAD ST., NEVV YORK.
BANKERS & COTTON COMMISSION MERCHANTS
BOX 4964,'
New^ York.
I.a.
&
R. M. Waters
GENERAL COMMISSION MERCHANTS,
STREET
flH to porebascs or sales of " Cotton Futures." Bills
of Kiebange on the CITY BANE, LONDON, and
•MBTIIKGUER & CO., PARIS.
BROAD STREET, NSW YORK.
39
Liverpool.
Transact a general banking business. Particular attention given to accounts of Banks and Bankers.
Advances made on consIgnmeHts of Cotton, Wool,
Hides and Grain.
Future contracts bought and sold on commlsBlon, In
New York and Liverpool.
Pirn
and Commission morchant
AND
PEARL STREET^
118
GRINNAN & DOVAL»
AtfnaceB made on Consignments. Special attention
maatilSSttR MAITLAND.
made on conaign
A. L. Richards,
StLipplns
Rrltlsh & Foreign Marine Insurance
'BJUKBRS AND COMMISSION MERCHANTS,
Company of Ijlverpool.
-
advances
Liberal
ments.
COTTON FACTOR)
AND Commission Mkechants, f
GALVESTON, T&XAS. J
COTTON BHOKERS,
•.146 Pearl Street, near lirall, N.
No. 58 irAE.L
New T*rk.
General Commission Merctaaats.
l.ATJTai
GENERAL COMMISSION MERCHANTS,
New York and Ltrerpool.
Robb &
Street,
Cotton Factors
AND
/Uk> execnte orders for Merchandise through
IftfiTnl advanecfi
made on con*
ALPHOMSK
B. O. DTTVAL.
BANKERS
CALCUTTA AND BOMBAY.
JTOTCBS CONTRACTS FOR COTTON bought
'
contracts for future
Liberal adrances
Grinnan, Duval
York.
essrs. JAniRS FINLAV &
LIVERPOOL, LONDON AND GLASGOW.
~
he execntloa of orders
for the purchase or sale of
CO.,
B. R. Smith
TO ITall
Se.
Special attention paid to the execution of ordera for
Adnnces made on ConsIgnics3ts to
arid on uommlBsIon In
Stillman,
elgnments.
-••miniSSION IKERCHANTS,
«essrs.
T4
(loa.
COTTON EXCHANGE BUILDING,
dellrery of cotton.
•
Woodward &
AMD
GENERAL C©MMI8SI0N MERCHANTS
Special attention paid to
i Hanover Street,
Co.,
SEAMEN'S BANS BOILDINO,
Bryce,
&
&
Ware, Murphy
FACTORS
Henry Hentz
Cotton.
Cotton.
Cotton.
Bennett
[re3tmber 23, 1876.
178
$3,000,000 00
- $6,792,649 98
•
$346,395 »0
BROADWAY,
ALEXANDER,
Liverpool
London
(jt'
N. T.
Agent.
&
Globe
Insurance Company^
45 William St.
Assets, $28,425,160 92
In the U. S., $3,000,000
^
@FedFRASER