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fiitaitrtaV xmm andW HUNT'S MERCHANTS' MAGAZINE, aBPRESSBNTINO THE INDU3TRIA.L VOL. NEW 33. AND COMMERCIAL [NTERB3T3 OP YORK, DECEMBER FiBBIMSlal. 14-J NO. 861. Flaanel UOVABO LArau Note Company, A r> I m: o 171*5. IneorroraUd under Liiwa ot State nf JV«w York, 1868. s r> .N Alfred H. Smith & WIIXABD . Wr.rimLo.Jm. CTBUa otbd* w.TcnB g p sins i, & Lapsley, Field BKUAUWAY, NEW TUKK. BrSINEBH FousnicD UNITED STATM 24. 1881. Financial. AMERICAN Bank THJ5 Co., KTOCK BHOKKHII, Co., 6 WALL STRKBT, No. 14 JOHN 8T„ NEW YORK, A.N1> PUINTEHS Or Nevr York. AXD ItEyEXUB STAMPS, IMPORTERS or LSOAL TBXDER NATIO\AL BANK NOTES R. TTWilson Co., «/ Uu U Nil ED STATES and for many FOrttgH Uiamonds, Fine Rubies, Sapphires, tfotwrnm^nCj. BANKERS AND OOM M I88ION MEROHAKTB and otiier Precious Stones, B.NORATINO AND PRINTINQ » Kxrliaiice Coart, New York. or ItASK NOTES. STATE AND RAILROAD EXCLVSIVEL). BONDS. SBABB CERTIFICATES. BILLS 01 Breese Co., BXCBANOE. DRAFTS. CHECKS, STAMPS. Ac. J. LONDON, 33 HOLBORN riADDCT. THB FINEST AND MOST ARTISTIC STTLB SaeoeMun to BRED * BRUBBB, No. ItKUiiGANIZKl) 1UT». B.VOHAVIKS BONDS. POSTAOK & <t FROM MTEEI. PLATE8. \Vlth special safeguards to prevent CounterfeUint or Att^ratvtru. Special papers manufactured exolu•Ively fur use of the Company. Safety Tints. Work Aug. T. Execnled in Fireproot Bulldinc*- Post, Banker, CIIICAOO. BUYS AND SELLS State, City and County Securities. CORRBSPONDENCB SOUaTKD. LINDIAT UAIiCn Railway Tickets of Improred Styles, LBwis H. Taylor, Jr. WUhor Kithoul Color; and Tiektlt of all Kind* L. Taylor Co., Bankers aad Broicers, 140 Banque Deposits received sublect to checlc at siKht, aad Interest atloir^^d on daily balances. Stocka, Bond!*, Ac, bouitiit and sold un oommijalon In i'hiiudelphla and other cities. Particular attention fdven to iafonnatloa r«Ranltns InTWtinent Securities. C. E. Jackson • GoTernment, State, Monlolpal and Railroad Bonds and Stocks. XnvostmeBts for Sav- Buy and 9,000,000 Francs. BOABD or DIBECTOBS tiL'NTUKKiCorneille-DavId). III UuT'rAI» NEW KR. DUA.VIM (.MlclliOlfl Loos). Jou. Dan. Kl'iik.hax.v, Jr. (Joh. Dao. Fuhrmaoa.) LOUIH WKBEHiKd. Weber A Lie.) Juuu llAUTK.\8rRADca (C. Sclimid & Cle.) A GENERAL BANKING BUSINESS. Correspondence J. J. Bddt. Cathier. Maverick National Bank, BOiiiTO.V, CAPITAL, ....... SUKPLUiH, 9400,000 400,000 Acoounts of Banlis and Rankers solicited. Collections ma e upon favorable t«nnfl. Strictly llrst-clau Investment Securities Negotiated. Samuel M. Smith, 40 Railway WALL STREET, DKALER IN Srcniiilea, Mtock»< Buy and Sell IN INVESTHEXTS. on Commission, for cash or on our- gin, all securities dealt in at New the York*Stoali Interest allowed on dally balanoes. All deposits subject to ohsok at slgkt. Particular attention to orders by mall or tsle- graph. Oio. A. Lkwis, Prsat. solicited. TOB K First Una and Bank Inaurn.<ic« Hcrip. National Bank, 8. DEPOSITORY, LODIBTILLB, KBNTL'CKT. U. Spedsl sttentlon given to eolleoilons. Banks and Bankers LETTEBS OP CBEDIT Aeoonnts Pondir CIRCULAR NOTES for the use of travelers la parts of the world. solicited. JoaaPuvDiB. Bduard MntTBNs. Aca. Hatha*. A»0 luued A. L. SoBJiiDT, Cashier promptly remitted at best rates. . & Co., Bonds & Inrestment Secnrltlea. so EXCRANGB place. NBW YORK. stocks. all drawn on the Union Bank of London Teleirrapblo transfers made to London and to Orders eseonted on the London aad Beropsaa Markets; Tarious places In the United States. Deposits rseslTSd sobleot to cheek at sight, and interest allowed on halaness. aoTOmmant and othsr bonds and Investment ssourltlss boojrbt sod sold on commission. Co., Gil man. Son BANKERS. •s CBDAB STBEET. Bills Pottir. Preat. FIRST-CLASS 130 Broadway (Equitable BnlldtaKi, KBANK (Krnnic, Model A Cie.) ALTO. NoTTKBuuM (Nottebohm ITrerea). p. NBW YORK, DBALBR8 BANKERS, Ai>. TRANSACTS sell ings Banks a specialty. SUILK Asa ST., Ao. Sons, Sistare's MA80AU IT Kountze Brothers, VeLix Orihar. President. Al.rKEl) MAyl'lNAV (liralTiMaquinaj), Vloe-Pr«« J. U. Vo.v DKu uiiCKK(Vun der Uecke & Manllr>. Ono Geo. K. &.Co., nilDDLBTOWN, CONN., Antwe rp. • MENT BONDS, MBRCANTILR PAPBR, Bzchange. Anversoise, Faid-Up Capital, In LAKB 8UPBRI0R IBON MIIIB KOLUNQ MILL STOCKa, INTMT. Dealers STOCKS, SOUTH THIRD STREET, PHILADELPHIA. Wm. Centrale & H. TRU8TKB9: A. O. Ooodall, President, Jos. VT. DrexaU James MaodonouKli. VIce-Prest., A. V. Stout. A. D. Shepard, Vice-President, T. H. Porter, Main Smlllle, VIce-Prest., Chris. Mejrer, J. T. Bobertson. Vice-President, il. U. Danfortta, Q. B. Stajner, Treasurer, P. C. Lounsbory. Tlieo. if. I^Veeland, Secretary. DBARBORM HTBKKT. No. 100 NASSAU STBEET, 23 Safety Papers. RAILWAY PRINTING A SPECIALTY cm & B m Car Trust Bonds. WB MAK8 A 8PECIAI.TV OF TURSR TKa\ SAFB SECURITIES, AND BUY AND 8BLLSAMK AT MARKIfr PRICE. WK OKKKK A LIMITED AMOUNT OF UBSIRABLK CAR TRUST ISSUES, AI>l>ITiO.VALLV SECURED BY TUB DIRECT OBI.IUATIO.N OK TUB RAILWAY KyUiI'MK.ST COMPANY. E*OST, MAKTI.\ & 34 PINK 8TREET. CO., & In addlUon to and sell a Oeneral Banking Business, bey OoTsrnmsnt Bonds aad InvestsMat Seeeifc t ies. 3 . Hudson & Co., KXCHANOB COURT, NBW TOBK, C. I. Branata Ofliee and Private Wire "CuaBgBI.AKi>," Broadway and tM Buy and sell on cumalssloa, for maniin, all eecarltiss dealt In at the New at the I Stuck Bxeluuige. R. B. LaAB C I. Member BVDeoR, T. B N. Y.Stoofe kzeta. TaM Ccan*. THE Foreign Exchange. & Morgan Drexel, & Co., August Belmont Na, M Drexel, Harjes Co., BotiTH Tbibd St. 81 & Nob. 19 Co., &c Co Deposits received subject to Draft. Securities. Gold, Ac., bought and sold on Commiesiou. Interest allowed on Deposits, Foreign Exchange. CommerclM Credits Circular Letters for Travelers,, Cable Transfers. available In all parts of the world. Attob-nbts Aim AexxTft OF CO., nessrs. J. s. OLD BROAD ST.. LONDON No. & and their correspondents. A.lflo Commercial Credits and Transfers of Money on California, Europe and Havana. Morton, 35 NASSAU & Bliss ST., NBW Co., COR. OF CEDAR, YORK. Issue Circular Notes and Letters of Credit for Travelers also. Commercial Credits, available in all parts of the world. Negotiate first-class Railwav, City and State Loans; make telegraphic transfers of money and draw Exchange on ; Co., No. 69 IVALI. ST., N. ¥., BUY AND Smi. MORTON, ROSK & CO B1L,L.S HOTTINeUBR & CO ON GREAT BRITAIN AND IRELAND, FRANCE, CREDIT LYONNAIS GERMANY, BELGIUM AND HOLLAND. AMSTERDAMSCBB BANK, Issue Commercial and Trarelers' Credits ly SIBRLINO, ATAILABLB IN ANY PART OF THE WORLD. And In Francs, In Martinique and Quadaloupe. Jesup, OF EXCHATVOE & 63 York. Make & 'STG. G. C. Ward, AQBNTS rOX BARING BROTHERS & COmPANY, 63 WALL STREET. NEW YORK. 38 STATE STREET, BOSTON. J. & W. Seligman& Co., No. BANKERS, 94 BROADWAY, NEW YORK. AcconntB and Agency of Banks, Corporations, Brms and Individuals received upon favorable terms. Dividends and Interest collected and remitted. Act as agents for corporations in paying coupons and dividends'; also as transfer agents. Bonds, stocks and securities bought and sold on commission. Bound railroad and municipal bonds negotiated. Sterling exchange bought and sold. Drafts on Union Bank of London. Draw Co., No. 8 Wall Street, Neiir York, No. 4 Post Office Square, Boston, CHEQUES AND CABLE TRANSFERS ON laUNROE tc CO., PARIS. •TEBLINe CHEQUES AND BILLS AT SIXTY DAYS' SIGHT ON ALEXANDERS &. CO., LONDON. Oibooijlb Notbs J. & ahd Cbbdits tob Tbavbijibs. Stuart & Co., J. S3 NASSAU STREET. BILLS OF EXCHANGE ON SniTH, PAYNE & SniTH'S, BANKERS, LONDON UANCHESTER tc OOSBESPONDENT8 ! BARING BROTUERS dc CO., London. PERIER FRERES <& CO., Paris. MENDELSSOHN Oe CO., Berlin. NEW YORK: MANCHESTER, PAYABLE IN LONDON LONDON: Wm. Russell Wise' WitLiAM Heath, Charles e. Quincet. William Heath & Co., of Exchange' and transact a generHl financial commission business. Particular attentJon given to American Securities. Btlls William Heath & Co., ; Knoblauch & Lichtenstein, BANKERS, ALSO, J. No. 63 Co., BROKERS IN Foreign Exchange, Stocks and Bonds, 68 «raU street, New York. Special attention paid to orders at the New York Stock Flchflnse and New York Mininc Board. Forei$rn Baiiitcrn. Bank of Draw of Bills Credit on all Exchange and Issue Letters of principal cities of Europe. SPECIAL PARTNER, Berlin. DEUTSCHI. BANK, WILLIAM STREET, No. 4 Threatlneedlc J. H. LATHAM. BUY AND BELL ROAD INVESTMENT BE0VRIT1E8; COLUtOT ConPONS AlfD DIVIDKNDS HBQOTIATE LOANS AND DRAW BZCHANGE ON LONDON. All business relating to J BILLS OF the Constmetion snd aDlp<aant of Uailroada nndertaken. 1835.) London, Enitlanit. PAID-UP CAPITAL, £1.200.000. St., UNDIVIDED PKOFITS (incliirtlnK Guarantee an* Reserve Funds) £441,089. Letters of Credit and Drafts issued on the 87 branches of the Bank in the Colonies of Queensland, New South Wales, Victoria, South Australia. Tasmania, and New Zealand. Bills neRutiiited or sent for Collection. Telegraphic transfers made. Deposits received in London at interest for fixed periods o» terms which may be ascertained at the ofBce. PRIDEAUX SELBY, Secretary. Handel-Maatschappij, OP Trading Society HOI.li AN D, ESTABLISED 1824. ($14,400,000, Go]d.)| Execute orders for the purchase or sale of Merchandise, Bonds, Btocks, and other securities, in the United States, Europe and the East make Collections,. buy and sell Foreign Exchange, and give advances upon Merchandise for Export. OLIVEU S. CARTER, ) Agents ; New STANTON BLAEE. HENRY E. HAWLEY, Yoke, January Office, J. H. Latham F. W. Perry. & Co., UNITED BANK BUILDING, 2 WALL STREET. IKVESTMESIT 1, 143 Pearl J J for America isn. Street, New York. Adolph Boissevain & Co. BANKERS ooinniissioN rikhchants* AMSTERDAM, HOLLAND N. Y. Correspondents— Messrs. Rlakk Bugs. & Co Hong Kong & Shanghai CAPITAL (paid-up) SECURITIES, City, Railroad a Miscellaneous Slockt atid Sonde FOREION EXCBANGE. »5.000.000 1,900,000 RESERVE FUND HEAD OFFICE, BONO KONO. The Corporation grant Drafts, issue Letters of Credit for use of Travelers, and negotiate or collect Bills payable at Bombay, Calcutta, Singapore. Saigon Manila, Hong Kong, Foochow, Araoy, Ningpo, Shangliai, Uankow, Yokohama, Hiogo, San Francisco and London. TOWNSEND, Ascnt, 47 William St> Nederlandsch Indische Handelsbank, AIHSTERDAin, HOIiliAND. Established in 1863. Patd-T7p Capital, 13,000,000 Guilder*,. ($4,800,000 Gold.) HEAD OFFICE IN AMSTERDAM. Agencies Nevr Iforh. Australasia, (INCORPORATED A. M. ABLE TRANSFERS AND LETTERS OF CREDIT 20 \riUlBin St., cor. Exchange Place, NEW YORK. John B. Kknnidt. i. Eenkedt Tod. Make Telegraphic Money Transfers. & Hilmers,McGowan & Co banking CORFOKATION. BROADWAY, NEW YORK. 61 BDINBURO, AND BRANCHES; Kennedy TRANSFBRS, ETC. ALL PARTS OF THE WORLD. IN bankers and BROKERS, NATIONAL BANK OF SCOTLAND, S. BUY AND SELL STERLING EXCHANGE, CABLB ISSUE COMMERCIAL CREDITS, AVAILABLK 10 Angel Court* I^ondon^ Enffland. Draw Membebs or New Tobk Stock Exohahge. BELFAST, UiELAND AKD OIT THB WALKER, B. E. JOINT AGENTS Canadian Banl< of Commerce^ 16 EXCHANGE PLACE, BANKERS, COUNTY BANK, ULSTER BANKINO COHIPANY, Cable Transfers. GOADBY & H. Tiie Netherland COlOiEBOIAL AND TbATBLEBS' CbEDITS. ; " LIMITED s" change. J. New York. AND Exchange and make telegraphic money on Europe and California. & & CABLE TRANSFERS, BILI£ OF EXCHANQB Bills of John Munroe (t,tinlteil). Pald-np Capital, 36,000,000 Fiorina. tralla transfers of Sts., York. London Meaare. Jobn Berenberg, Goseier Co., Haiiibnrg. ^ Commercial and Travelers' Credits, Bills of Ex- FOREIGN BANKERS. Issne Letters of Credit for TraTelers, Payable n any part of Europe, Asia, Africa, Avsand America. Co., 2HASS., Wall and Nassau Cor, at Nederlandsche & Kidder, Peabody BOSTON, Bnnk liondon. Co., BANKERS, lYUllam Street, New OF Between AMSTERDAM. - Paton TRANSFERS MAKE TELEGRAPHIC MONKTf this and other countries, through London and Paris Collections of Drafts drawn abroad on all points In the United States and Canada, and of Drafts drawn In the United States ' on Foreign Countries. {pahtb *^-*"'°> New 0OBRE8P0NDENTS OP THE International LONDON. - Ruckgaber, 88 TVIIIIam Street, 21 Nassau Street, MESSRS. DE ROTHSCHILO inoRKAN & m & & Schulz BANKERS, Isane Travelers' Credits, available In all parts of the world, through the Boulevard Haussmann Brothers Foreign Excbange. BANKERS, Paris. Pbiladelphla. DOMESTIC AND FOREIGN BANKERS. Brown [Vou XXXlll. Forelfi^ Exctaauge. WALI. STREET, nORNKR OF BROAD, NBW YORK, Drexel lJHllO^'lCLK it, Batavia, Soerabaya and Samarang Correspondents in Padane.| Issue commercial credits, make advances on ship ments of staple merchandise, and transact other* business of a financial character in connection with the trade with the Dutch East Indies. BLAKE BROXnERS 18 dc «0., Agknts foh Nouth Amsiuca, WALL STREET, NEW YORK. 88 STATE STREET', BOSTON' : Daouaaa THE CHRONlCLa 84, 1881.J CBlUomla Bsnlu. AQBMOT or PRANOIBCO. York Agoncy, Oa Wall INVKSTKD tW U. M,U00,UO0 QOUD. SURPLUS, or St. BONDS, B. OBOitOE L. BKANDEK, Aceot. laSUBB Ooameretal »nd Tr»roUir»' On>aitiij^»T«llorla. Drttwu KxchnnM*. wiy purl of tho abl* In _ and B>kw Tmitlmt of Muuer IDhu Voralirn Mti1 Toiud, by TvWnfcph and Cable. " TUB North America, British WALL HTHRRT. No. 58 Bar and Sterllnc Sjcebaai* and Cable Trnaa t%nt Issue daoMBd draft* on Beotland and Ireland also on 0«n*da, Brltlah CotaBMa. Portland, Oreaun. aell LONDON, Head Office, i Ansel Urait. SAN FIIANOIKOO Uffic«. «e CaUtorela St. aatad. *W. J. Selisman A Oo. Aathorlxod Capital, Pmld ap and Kenerre, (6,000,000. 1,100,000. banklDK bonlneu. luuKCom. • maratal credlti and BIIU of Rxckaose. arailabl* In «U Dart* of ilio world. Collectloiu and orders or Honda, Stock!, etc., executed upon the moat faTor FUKD'K P. LOW, _lM«n«««r« altletonn*. Merchants' Bank 0» CANADA. CapiUl, • • JOHN HAMILTON. Vlce-Prostdoiit.JOU.N HKAU Mtl.KNNAN, ESQ UVFIOE, mONTKKAIi. OSOUGK KAOUK. WU. J. Oenerul Manacer. A«st. Ueaeral Managei IMUUAM. "• 31 BANKKKS: KBW YOUK—The Bank of for Sale. Tinker, ds IIOOM JR..! AHTBUR WICK60N. Manacer. Imperial Bank of Canada FIDEUTT UUARANTEK BUNDS of road. ARK ISSUen BY TUB & CASVALTV NEW CO, TORK, |«IW,Oi*00 Cash Capital Aaiwts Uepus t with 9>lfi»l» Npw York Capital, $1,000,000. D. R. WILKIB, Chahter OVFICE. TOBOKTO. BRAXOBTS: Port Colbome. St. Thomaa, taueraoll. Wetland, Kenroa. woudatook, Winnipeg, Inin. Dealer* in American Cuxrencr A Sterilntt Exchaniie. Ajrents In New York: I A««nu Loadon BoaANUDar. SAiff A Co., Bank or montojcai., Cu Wall direct. 73 1,aBbard Street. I Prouipteat attention paid to coUectlona parable In any part of Canada. ApproTed OanatUaa bnalneaa paper, parable In void or correaor, dlaciunted attheUead OAlce on rcaaonable terms, and proceeds reinitced lo anr part of the United States br draft ou New York. at. Oatliariaea, I Bank of Montreal. aMITHEES. \r. J. No*. S9 De- In«uninco $13,0On,000, Gold. 6,000,000, dold. Co. OF NORTH AMERICA. '.{70,000 Cashcttpital Cash assets orer Deposit at Albany 3!I0,000 -MSiOOO President Sib ALEX. T. QALT. I I General Manaeer fries, JEIF roRS & 61 WAI.I. (iXREBT. Bar and sell Sterling Bzchange, rrnnos and Cable Tninafors srant Commercial and TraTOlers Credits aTatiabla In anr port of the world ; Issue draft* on and make oollectlons In Chlcaao and tbrooshout the Dominion of Canada. ; Bdwahd Barnes, H'tUSIrtrt. *4 Pint Strml. Gzowski & Buchan, Basexkb akd Stock BboeebSs information and forms mar be obtained, or from the Uead onico, Uontrea], Canada. Where The all bualneas of this Company aolelr that of la Cuarantee. & Hatch BANKERS, No. 12 _^_^_ Foote, ^VALL STREET, aim eau. ';OVKRNMENT BONDS. STOCKS BtTT AND UISCEI'- TjANKOtlS SK<^UKITIB8, NASSAU STREET, Deala In Inveatment Seeurltlea and GeuerallT'. WANTED Indianapolis Colnmbns AaitMriosii ani titerlinu lkXohantfe,aad btockj. ti; onds. etc. boosht and »old.„ _ _ _ Oorrcspondaiita— Bank of Mew Tork, new rork Colombo* A Teledo Hallway 7s, HKIi. Coiumbu* A Hocking Valley 8d, 7s, leM. Ohio A West Virginia IsU. Ts, l»10. Menominee Rlrer IsU. 7s. IWM Cguar. by Chleage Northwestern). CH AS. A Northern Ists. Ists. Sc!olo Railroad Ist Ts, Scioto Railroad 3d 7§, IS79. 1905. Scioto Railroad Stock. Ot Tol. Cin. St Tol. 1st St. 1.. KO. 58 A BTBEET, OmcB Co., Bankers,) NKW TOBK. or TBB J AMEnicAM DOCK A Iap«or»j««irr Coi«>A)rr,( tiu LiucHTr 4t., Nkw Yokk, June le. 1881. ) AMERICAN DOCK de tMPBOTBTHE MKNT COMPANY, having res-rrod the right !• par the nrlDclpal of their bonds dated Ootobar I, 18M, at anr time after the Orst day ct Jannary. IHTO, Srst harlng glran six mnni ha' notice of their latentlon to makesneb pa rment. notice la hereby gtvaa to the holders of the said bond* that tha Oooipaar, In the oxerclse of said right, will par the principal and Interest of the said bonds at tho National Bank of Commerce, on the 31st day of Daceaaber. tttll. at which date luteieat on *sild boade.wUI The companr ha* secnred for the holder* of tke bonds ;to ne redeemed on the Sist of Deeaater next the crirllece to exchange their bonda for the S per cent bond* under the new mortgage, at par, at the Bank of Commerce. JOUN S. BAUNKS, Vice-President. OF THE DB!4 MOINES FORT o rriCK NEW ToBS, DODGS RAILROAD dc 7s, Stock The Board of Dtreetor* hare declared a qoarterly dlTldend of One and One Half Per Cent npoa the capital stock of this company, from the net rev* ennee of the three months ending Dee, Slat laat.. parable at the aBloo of tho Treoanrer, oa aad altar the lath day o( Janary next, to shareheMea Vt reoord oa the SOth day of Deecmher laataat. The tranefer book* will be closed at three o'eloek on the afternoon of the SOth of Oeeeaiber last.. and r*-opeaed on the morning of tha 17th of Jaaaary B. n. BOCn«STKB,Tiea»a»«r. next. 6t 1910. Bonds. Dee., CO., 1881.—Tha eonpoa* of the Brst mortgage boada of win paid on be aad this oompany, dne Jan. 1, 1881, after tbatidate at the oSce of Meesr*. Moctoa, BlUa A Co.. D. A. WALL W ING, T. BSTBBN VNION TKLSCORAPB Cincinnati Richmond A Fort Wayne Stock. Cincinnati Hamilton A Dartcn Bonds Columbus IS A COMPAMT. New Tork. Dee. U. 1681. DIVIDKND KO. sis. t A St. Louis Ists. A Toledo is. Itl9. Central A Hudson Hirer Isu, Ts, IMS. Scioto Valley Ballwar Cons., 7s, IS 10. New Jarser Soothem Railway lata. 8*. ISW. Toledo Peoria A Western IsU, 7s. 1«I7. Shlcago A Bastam Illlrols Isis, Ss. 1907. Chicago A Baatam Dltnola Inoomea. 1S07. ceaae. Albert E. Hachfteld, 17 Investments. Qnlnoy New York WILLlAn STBEBT. No. 47 * (With A. M. Kidder canada. Prompt attention siTen to Collection of OommeroUI Bllu and Canadian rnsda on all point* la Uana- Chicago Bnrllngtoa iiAwi.L.\a«. Scioto Railroad Con. 7s, 1910. No. 9 Blrebln Lame. and Ailimae Bank, London. S. iS & Higginson, Chase KBW YORK OmOB: President. tokonto Nf. Bonds of Suretyship December FOB BUCIIAJfAN, General Manager. Ofllee, yohn . Jollet I.endon interest. For further informat'on and for the bonds apply to Prest. John M. Craw«, Bec'rDcuECToiis—Ocorue T. Hope, O. O. Williams. J. 8. T. Stranabiin, A B. llnll, U. B. Clallln, Darld Dow*. A. 8. Barnes. U. A. llorlbut, .1. I). Vermllre. W. (>. Low, Charles Dennis. S. B. Chluenden, Oeorge B. Ooe. M. Klchards. CocxatL— Moore A Ix)w. Bonds a. F. these to $5,000,000 Wm. M. KicaiBHH, : CAl'ITAfc, SVRPi.L°S, Bonds on 243 miles The price of the bonds is of issue total 103^ and accrued luirtnient, D. 8. OoTornment Bonds.... 100,000 00 Bonds Issued KuaranT.«e ok the Udelltr of p«raoos holMlnff p«)!>ltlona of :iccunlarr trust and reaponsU bUltr also fcuardlan's bond* In SurroKates* Courts: iDdeDinltr bonds to tiherlffs, and guarantee aU bondKuiid undtfrtaklnps required hy tho courts of tills stjite In ciril actions and procedlnjfs. Kerm of appllcailon and full nartlcul irscnn be obtained at the olhco of tho comptiny, 1H7 Broadwnr. HOWLAND. Prest m The amounts *8e'"*- Ckieaao Bnincb, 138 Woahlnstoa Street. UKAD interest at the rate S. The Gnarantee H. 9. They bear aell on comnil,alon. fortoTcntment er on marctn.ull aucnrltlvadeull In at the Mew York Stuck Kxohiing c. Bur and New York Asencjr, 48 Bxebaoge-place. Kaaad payable In Scotland and Ireland, and cverr deecrlptlun of foreign banUna bualneaa undertaken. UAKBIS These Bonds have forty from their date, Oct i, to run i88o. OFFICERS AND EMPLOYEES HOLDING POSITIONS OF TKUST. B. yean of 6 per cent., payable semi-annually STOCK BROKERS, 33 BROAD HTKKET, NEW YOBK. in New York or Charleston, S. C. The Now York AgenOT bnya and aella Sterllnc: Bxohaoxe. Cable Tranafera, laauea Credits available in aM parte of the world, make* ooUaotlone In Canada ana elaewhore. and laauea Draft* parable at any of tb« omoea of tne bank In Canada. Demand Drafts JOUN South Carolina Railway Co. Wm ENG.—The Clydesdale Bankinx Comp'j New York. N. B. A. IjONTOON, A limited amount of the J^irst Coh' iolidaUd Mortgagt Bands of the ; $5,600,000 Paid Up. - Pmldent. the Hon. & Barker OF Canadluu Bank cm. *" ' D. BARICin, UKXBY 0. TIJIKkB N. Y. block Kzcbaniie. FIDELITY P. N. I.IUIENTIIAI.. Oi«hler. *"-^» vimU.i .^_,, yiiiHiictal. rOonTOC Memuur - - ». I> W. I.AW»o;<. BOSTON Uurroepoudts, Mauaoliiuetta N. B'k. Tianutot a Keneral Bonds. Han rianelaoo and Chleaao. (IJMITKO). Agenu, 6% BUI* eoll*«t*d and other bonklni boslae** trmav Anglo-Californian Bank NRW VOKK TB~i Bank or AN IB Guuidlaa Bankers. The Nevada Bank New : EASTON, BBOADWAY. Mo. ts Naaaan street. New Tort. The lithograph Interact defemd bonda or ihli Compaay will then and there be exchanged terUka steel-eagraTed bonda aad two aad a halt Par Oeai («H per cent) Interest paid therein. PBAMK SACNUKBS, L : • THE CHRONICLE. IV Financial. Financial. OFFICE OF COMMISSIONERS OF MOBILE, Port >or, 1881: The attention of tUo holders of MOBILE CITY BONDS who have not yet funded under the recent act of the Legislature of Alabama providing for the settlement of the debt of said city is respecfully called to the following facts 1. Up to January 1, 1882, the old bonds may be exchanged for the new by application to Mr. Charles Walsh, Special Master, at No. 11 Pine Street, New York, or to the Commissioners at Mobile. After that date the exehanKe can be effected only with the uuderaignod at M"bile, Ala. 2. Bonds funded before Jan 1, 1882, receive in cash tlie interest for 1881. Bunds funded during the year 1882 will not receive past due interest in cash, bnt the coupons representing it win be funded as part of the debt, 3. The holders of over four-fiflhs of the debt have accepted the new settlement, and a euflloient amount of funds to pii.y the iuterest fur 188 1 on theuew bonds has already been collected and paid into the depository. The January coupons will be paid at the Merciiauts' National Bank, New Voik, or at the Bank of Mobile, on and after December 24, 1881. L. M. WILSON, STEPHENS Commissioners ) > JAMi:S A. McCAW, of CROO.VI.i GEORGIA RAILROAD COMPANY, -*- New DIVIDEND.— The Board of kank have 16, 1881. Directors of this day declared a dividend of per cent, payable on 3d of January THREE this next. The transfer hooks will reranlu closed from January 3, 1882. this date until WM. P. ST. JOHN, Cashier. TITETROFOLITAN NATIONAL BANK, Niw YOBK, December 23, 1881. DIVIDENU. The directors of this bank have this day declared a semt-annual dividend of FIVE (5) PBR CENT, payable Monday, January fl, 1882. Transfer books wiil remain closed until 10th prox. GEO. 'T>IIE Cashier. BANK OF NEW YORK, New Yokk. December 20, A., have of Directors this FOUR PER CENT of McGOUUKBY, J. N. B. 1881.— The Board day declared a dividend for the six months, pay- able January 2, 1382, free of tax. Transfer books will be closed until that date. FERRIS, R. B. December .—The semi-annual dividend of THREE PER CENT for the six months ending December 31, 1881, upon the outstanding Income Bonds of this Company, has been declared, and 23, 1881 on or after January 3, 18S2, at the office of the Company, 115 Broadwav, unon presentation will be paid . f bonds. BAILROAD CO., New CoapoDBdue January Vokk. December 1st prox. panr will at the offlee of Street, P03T, 3.1 MARTIN & day of January E. said bank. RICH.MOND ROAO ^ Y., & ALLEGHANY RAIL- ofliee of Pout, City. LOUIS CONSTRUCTION uecember 15. IsSl.— AnlNOF TEN PKB CENT is hereby called from the subscribers to the iibuve fund, payable to the CENTRAL TRUST COMPANY of New . STAI..MENT 27. W. PAR.\^MORE, Trustee WANTED TO PURCHASE ALL cities of Pittsburg County ui nnd Ailcglicny. Fa., Aliegheuy, Pa. and GEO. B. HILL dc CO., Brokera, PITTSBURG, PA. Simon B org, WALL STREET, NEW YORK DEALER IN ALL KINDS OF Railroad and Investment Securities. Southern Secubities a Specialtt. THE PJBRFECTED PACIFIC tc A AND 10, 1881. this above-named se- a choice line of curities; also, 6 AND 7 COEO. ^VM. KAI.I.OIT Ac CO., NEW YORK ANO BOSTON. NKW YORK LACKAWANNA & WESTERN RAILWAY COMPANY FIRST MUK VI;AGE SIX PER CENT BUINUS OF 1921. Interest payable Beml-annually upon tne first days of and JULY. This road forma with the I'claware Larkawanna A Western Rnilroud a direct llirough line from JANUARY NEW YORK TO BUFFALO. The Mortgaze U a flr.st lien as well as upon the Road. upon the equipment, FUR SALE BY MJ^ES TAYJLOR & CO., WALL STREET. FOR CHOICE Mortgage Loans, IMDIINA 6 FEB CE.NT, SOUTHER.\ 8 l-Elt CENT, WRITE FRAXCIS SMITH, IndianapoIlN, Ind., C. No. 7 and Atlanta, Ga. Chew, J. WALL STREET, NEW YORK. TEXAS RAII.\VAYS, BONDS, LANDS, ice. Desirable Texas Securities for Investment c«r. stantly on taana AGREEMENTS OF REORGANIZATION -^OF THE SOUTH C.'.ROLINA RAILROAD CO New Yokk, December 80, 1881. Holders of the Purcba^ing Committee's Receipt of the South Carolina Railroad Company are hereby notified that upon pre.-entation and surrender of said receipts to the Farmer's Loan ik Trust Company and the signinK of a receipt in full, they will receive the bonds, stock and cash to which they are respectively entitled under the agreements of re- JOHN BARNES. 6. Chairman Purchasing Committee South Carolina BR. Company. TYPE WRITER. For the heavy correspondence of Merand Banking Houses and Corpo- cantile rations. Spencer Traak Geo. F. Fedbody. Fred. S. Noye*. Spencer Trask & Co.^ BANKERS AND BROKERS, 70 Broadway, New York City. Transact a general Banking Business Used and endorsed by thouaands of Bankers and officers of Merchants, Stocks Bought and Sold on Margins. Interest allowed Corporations. ST. PAUL miN- Every Machine OMAHA RAILWAY COMPANY, dividend of ONE THREE-QUARTERS (IH) Per Cent on the preferred capital stock of this company has been declared,' payable at 4g. offer .any of the organization. QFFICE OF CHICAGO Bhoabwat, New York. December We CLASSES OF BONDS S 6s City of Cincinnati OF THE So. 78. City of Cincinnati 19, 1881. 1881.-A Quarterly Dividend of One and Three-quarters per cent 7S-100) on each share of the capital stock of this (H company will be paid on and after the 1st day of February, 1882, to the shar holders who shall be reglstererl as such on the closing of the transfer hooks. The transfer books will be closed on the .J9th day of Dec. Inst., and opened on the 26th day of January. 1882. F. fa. TOWS, Treasurer. ^-'NBAPOLIS jg «g ST. I. i. Co., a* Pine Street, New F. a. BUKuL, Treasurer. & 1894. City of Delphos, 1,11 IS, (No. 2) York on December Martin ^RAILWAY COMPANY, Dec. 21, TO 53 Treasurer. December rjHICAGO ROCK I$>LAND 6« Secretary. l it T'EXAS FUND, Si Coupons due January 1, prox., on the first mortlage six per cent bonds of the Buffalo New York & Phlladolphla Railroad Company will be paid on and after the third day of January on presentation at the MITCHELL, CO.- Coupons due January 1, 18t^2. on the First Mortcaye Bon<ls uf ths ompany will be paid at and after raaturltv at the Company's office, room 89, No. 2 Wall Street. E. R. LBl.AND, Secretiry. PHILADELPHIA RAILROAD COMPANY, BOFFALO, N. York B. G. CO., No. 34 Pine KIMBALL, XOTES. 1886 City of Cleveland 1881. Coupons from the first mortgage bonds, due January 1, will be paid at the Metropolitan National Bank. Three (3) per cent wiU also bo paid on aU the income bonds on presentation of the bonds at QFFICE OF THE BUFFALO NEW YORK '-'* DECATUR A: EV ANSVII.I.E New York City. CHAS. TOW\ MATURING NAVIGATION PER CENT RAILROAD BONDS. RAILWAY COMPANY, New Y'ork, Decemijer 21, on the First Mort- be paid on and after the Jk Treasurer. ^'company. No. 20 NASSAU ST., NEW York, December 22, 1881.— For the purpose of determining the rights of subscription at par to the new stock of this company, the transfer books will be closed December 28, 1881, and re-opened January 5, 1882. T. H. TYNDALB, Assistant Secretary. 21, 1881.— Ktge Bonds of the Allexany Central Railroad Com- W. D'JNTON. F. OREGON RAILWAY Cashier. QFFICB OF THE ALLEGANY CENTRA MASSACHUSETTS \FFICE OP THE INDIANA BLOOMING^'TON & WBSTER.V RAILWAY CO., NEW YORK, City of Cincinnati NATIOIVAL BINK, Yoric December as Lessee / *- MERCANTILE ~ is^oo,ooo & of the Memphis & Charleston Railroad, will payon presentation at the office of R. T. Wilson & Co., No. 2 Exchange Court, New York, all of the past due coupons of the Memphis & Charleston Railroad Company which have not heretofore been bought by the Lessee, and will purchase at the par or face value of the same the coupons maturing January 1. 1882, on preseutatiun on and after that date, at same place. E. W. COLE, President. "P EORI \ Mobile. Financial. 'PHE EAST TENNESSEE VIRGINIA of Mobile, Ala., Jst Decern- XXXmi [Vol. on Deposits. Branch Offices, eruaranteed satigfactory Connected by Private Wires, Send for circular with styles and prices Philadelphia, 132 S. Third St., C. F. Fox. and selected list of patrons and testi- Albany, N.Y., Maiden Lane, W. A. Graves. Saratoga, N. Y., Grand Pnion Hotel. monials. on the 10th of January, 1882, to stockholders of record at the close of business on the 31st day of office December. December, ",' !S \ht 0» the iiS^i'"' 33d day of January. R. P. _ _,^ BICHMOND A E. ' 1881. The transfer books of the company will be closed 1881. 1882. and be re-opened *="<->. FL OWER. OFFICIO OF Treasurer. THE DANVII.l E RAILROAD ^y REMINGTON & SONS, 283 Broadwaj, New York. 124 South SeTenth St., PhiladelpIUa. 281 C. H. 38 niaaison Street, Cbicaso. & E. Odeli^ AGENTS FOB dc Steel and Iron Rail inANUFAOTURERS, JBlfr-wiU be paid at the Mercantile National BaSk W. E. TUBNKM, Treasurer. 101 John Street, Rooms 10 & 11 KKW YORKICITY. 8 mmtk HUNT'S MERCHANTS' MAGAZINE, RKPRESENTTNO THE INDUSTRIAL AND COMMERCIAL INTERESTS OP THE UNITED STATES. CoDgnM, lEntored, iiooordlngto «ct of VOL. In the year 1881, by Wm. B. Dajca Railroail Enrnings and BuolncM AetlvltjC»n DiicctorK Mixiify a Leaset Ur. Blulnn mid the C;a>tonBiilwcr Trpiitv Miuuiciul Mituatlon Dio An England— Change 701 Mi'neiniy and KiiKliKh News 701 Cominei oial and UlsceUaueoua Couunerelal 705 Newn BANKEB8' GAZETTE. and Kallrond Bunds aiid Stocks 709 in Pricca at the N. Y. Stock Exohauge 710 1 718 719 Cotton 708 and Corporation Finances... 714 | THE COMMERCIAL Coinnierclal Epitome TIMES. RreadstnOs I 723 7v5 Dry Goods I (E'hvonicU. Thb Commbkoial asd Financial Chronicle is TERMS OF SUBSCRIPTiON-PAYABLE IN ADVANCEi For One Year (uuludiut' postage) For Six Months do in $10 42 London (including {>08tage) do do OANA k WILLIAM OAMA. > IXorD. i 1 78. 8b. since there B. 00., Pnblishara, 79 <c 81 William Strstt, YORK. NEW for the first keep before us the favorable as well as the our readers may have some ide* what the entire month will show when made up. Accordingly we give below all the leading roads that have fur- also that the figures represent gross earnings, ; to the profitableness of that business. OB088 EASNINGS riSST crops are short, Orott £amiH0». Chli-. & Chic. Gr. Trunk ... Both are now still always go hand in hand. on the rise, giving evidence Even under ordiof growth and expansion everywhere. continued gains as the roads show such circumstances nary would not fad maintained in to elicit remark. tjie face of a diminished crop should be borne in mind that on afforded by the movement of a very large portion of strongest possible But when the gain many movement roads the the crops to market the total traffic is —there is — it traffic S 103,097 337.100 85,4.>6 3C2.-.;4 80,80t» 70,'i81 63.581 56,57 I 6JM,x-.M 68:1.700 13S,7».- 806,000 !j.i2,70O 18-',306 & i 90.922 88. 126.4'^7 10J,487 306.6.-<7 H. City... sa-.-vsi 162.>il6 4o,0Otl H;.730 l.'>0.274 IJeiiv. Rio Grande. Hannibal A New Kngl'nd. Noriheni Pwitlo Peo'la Dvc.&EvansT,. St.L. A.AT.H.m.line Do do (iiranohes). St.LtronMt. A 8t. 8o... I.oiii«A8nn Fran.. Wab. St. LouU A Pm Total. This statement + 2.698 + 22.0O0 + 141,011 + — 7,>44 7,9.54 1881. ttM 335 564 840 320 335 3.'..51 3,6-i7 3.01 !j 2,764 085 •48 300 S3S 573 84fl 30C 325 l.OOS 143 551 143 oou 46,80."i ,275 + 6.113 392 385 435, 1 (K) + ii8.::60 2,060 1.840 86,1.50 -!l.4:<8 18.519 + 9.341 33C 2«« 330 335 283,862 + ».<.I174 I.73S 1.40* 050 S70 733 100 71,622 67,697 209.48.-- 88.240 79,420 52.91? 105.763 78. 45 53;l,4BO 77,712 27.*60 377,536 307,877 114,079 101,302 S6.71d 40.489 20.630 330,494 137,523 + 6,9J.% - 13.7lt2 -17,523 + 1 1 an 823 29^ 222,4v;3 05.61 110.4SI8 + >*5.45 + IH.163 1,1.%« + .->0.f(04 1*73 + 11.>«8 19.744 166,678 1,314,336 676,113 15,608 40,466 40,734 206.888 113,618 143.805 11.97J 133.19" 1.013.786 409.151 8,226,185 6.839.75< tells 1880. 900 318 833 803 393 365 19.5.693 234.4..2 8ciotu Valley Texas A facitlo Union Pucltlc(17days) -H7.G41 + 34.556 + 17,219 + 14.110 + 147,170 + 16!l,OiiO + 49..563 .'24 EiistTenn. Va. AGa. Flint A Pcre .Marci Oi'cat \Vef*t'nof Can. Dubunue A N. V. possible index of industrial teeraoa*. • Chic. St. P..\Iinn. Cm. Ind. St. L. &Ch.. iol. Col. HiHk. Val. .Missouri Pacltlo bt?8t 1A80. 9 Milw.&8t. Paul. — latter conditions jtump*. 1881. ChicairoA Northwest. . railroad gross earnings are marvelously large. TWO WBEK8 DaCBMBSa. Xamaofroad. . If first two weeks of December, this and last year. It should be understood that the great trunk lines do not make weekly returns, and that therefore none of these are included A St. Jos... Ind. BUmiui. a West. their movement slow, the rate-war bitter, the expense Lake Erie A Western. l-ouisville A Nashv... account increased it is true on the other hand that Memphis A Char'toii. Mlhv. L. Sh. AWest.. general business is very active and profitable, and that Mo. Kan. A Texas unfavorable side in the situation. activity. confidently believed half of the montli, the figures already in oar AO At a moment when the course of stock values is downward, and there is a lack of confidence in affairs, it Theee two many who possession, in order that Burl. Ccd. Rap. &. No. Chicago * Alton Chic. A ICastcm 111.... Post Okkick Box 958. Railroad earnings are the are business being done, do not of course furnish a guide aa ACTIVITY. well to interest that certainly with and, while offering a true indication of the volume of RAILROAD EARNINGS AND BUSINESS is heavier thAo ever But just at present the receipts of the railroads are not only iMportant in themselves, bat have an additional in the table 20. 6 10. SubacrlptionH will be continued until ordered stopped by a wrUten ordtr, or at the publication ojtlce. The Publishers cannot lie responsible lor Reuiittanies unlera matte hy Drafts or Post-OtHie Monev Onlers. A neat tile cover is furnished at .^0 cents; postage on the same is 18 «ent8. Volumes bound for subscriliers at $1 00. London and LiTerpool Ofllces. The office of the CiiKoxtci.K in London is at No. 7-t Old Broad Street and in Liverpool, at No. o Brown's BuiUtiugH, where subscriptions and •dvertlsements will ho taken at the regular rates, and single copies of the piipsr supplied at Is. each. B. is 861. nished us with statements of their earnings for the is»ued every Satur- day morning, with the latest news up to midnight of FHday. "Entered at the Post OfBce, Xew Yerk, N. Y., as seooud-ciaas mail matter.] Annual subscriptloB Six mos. do NO December the roads would exhibit a The retonu Quotalloni(orstorb8and Bonds 711 decreasing business compared with last year. New York ^Mvnl Bcouiities 712 that have thus far come in fail to confirm this belief, so linilroad Earnings and Bank Knurus 713 we think it especially desirable to bring together, Invrsiiueuts, and State, City Kanue 3?Iie In liii|iortant 700 702 THE a. ~ before. The Pranphise (J9;l Money Market. Foreli^ Exc^tngp, r 8. .'<roiiritlii«. State JOHH ~~ SATURDAY, DEC^EMBER 24, 1881. CONTENTS. that general and miscellaneous freight 33. THE CHBONICLE. wnxiAK A Co., Id the tiffloe of U>« Utmutao of ConcraM, Waahlacton. D. a| + 2.. -11,124 + S3.M0- + 23 905 + 3M 948 105 lai «8« 641 +!iO,*i47 8.55 + 7,77o + 33. 485 IS7 006 + 270.7.V» 3.6.56 105 131 686 580 •56 100 530 + 170.06. 3J50 3,136 3.470 l.!WB..17a ls2.4»»7 38.363 us that the thirty- four roads abovo usually increased their earnings from $6,639,730 in 188t, to$8,- the 226.125 in 18S1, or about 24 per cent^ and that during the is proof that all our industries are pro- gressing at a gratifying rate, and that the roads are m a Btrong position as to earnings ; for such a gain shows same time the mileage increased from 28,263 less to 37,497, or than 15 percent, so tkat the earnings per mile are $353 this year, against $235 last year. It will be obaerred tkat THE (JHRONKJLE. 700 [Vol. XXXin, the Northwest make especially flattering directors of the New York and the Metropolitan unaniand yet the receipts of flour and grain at Chicago mously concluded to accept a modification of their leases, and Milwaukee during the first two weeks of December each taking 6 per cent in lieu of the 10 per cent agreed show a falling ofE of more than one-third. In 1880 the upon. The details of the arrangement are so well known to receipts of grain were 6,052,493 bushels, while this year our readers that we do not repeat them, but recall the above the roads in exhibitSj of flour the receipts facts as they all bear more or less upon the question now were 378,404 barrels in 1880, and 287,154 barrels in at issue. In the first place it is seen by this recital, that even if it 1881. That there should be a large increase in earnings despite the decreased amount of grain traffic, is due to an should be finally determined in the present litigation that a augmented passenger movement and a decided expansion submission to the stockholders was unnecessary to a change they were only 3,947,762 bushels ; of the lease, it would not follow perforce, that such a subvolume of general and miscellaneous freight. mission is never required. it will be said that though gross receipts are thus There is a very peculiar condiextremely satisfactory, and offer in this respect unmis- tion here which would strongly appeal for relief to the takable evidence of the increased activity that characterizes equity side of the court, and might result in a special conThat is to say if we assume the directors had all branches of our industrial system, net receipts are by struction. no means equally encouraging. That is undoubtedly true. no right to modify theordinary remedy for a broken lease The fact receives new emphasis as each succeeding annual would be a restoration of the leased property to the lessor. return of earnings and expenses is made public. The latest But in this instance the lessor-stockholders took and used evidence' is furnished by the reports of the Vanderbilt and sold to the publie 6-^ millions of the stock of the in the But — — — Canada Lake Shore, lessee. If the lease is nullified, the Manhattan passes out Central— given on another page. These of existence, while the Metropolitan stockholder reaps a reports will repay close inspection and make it more and large benefit at the expense of a corresponding loss to the more evident that a bare statement of gross earnings offers public. Under these circumstances the Court might hold that this was a peculiar arrangement, not an ordinary lease, less clue than usual to the net results of operation. Yet while not desiring to underestimate this circum- and that it could not enforce the forfeiture until the stance, it should be remembered, as we have often before company had made restitution. Another fact in the situation of the Elevated companies, said, that m the main the larger percentage of operating expenses is due to special causes not permanent. In the which will greatly limit the application of a final decision in roads Southern, Michigan Central, and New York first place the severe weather last winter disbursements necessary. that time the gossip almost would have upon them. flying made made very heavy be remembered that It will newspaper reports and "Wall 1 1 street us believe that the Northwestern roads to pass their dividends, so severe They came through it deep mark in the expense account cause of the smaller net, is safely, all was but it the year. this tax has left a Another the well-known rate-wa", which has resulted in the trunk-line roads doing through business at little profit, and in many cases probably at an actual loss. Both these are, however, temporary influences. The rate- war must end sometime, and the winter of last year is not now pending, is that the Manhattan Company had own, and no opportunity or possibility of fulthe agreements it made except out of earnings of the the actions no assets of filling its "We do not remember any other leased roads same position so that a decision on the facts before the courts in this case would not settle the right or wrong of a similar change in a lease by directors of other companies. If for instance, the Pittsburg k Fort "Wayne directors should meet and reduce the rental because the Fort "Wayne earnings had fallen off, it would be a pretty clear case of bad faith on their part and of collusion, since the Pennsylvania road is abundantly able to pay and fulfill its "guarantee. Even therefore if the directors had the legal right to modify the lease, the court would by injunctiott prevent their doing it, and if attempted would set aside leased roads, that stand in tliis ; be repeated short of another ten-year cycle. These facts we bring together, not as determining the value of any given stock, but as conditions to be remembered while special prominence is being given to the their action as void aJ initio; for fraud vitiates every agreedepressing circumstances of the momeat. ment and proceeding. Hence we see that this case is a peculiar one. and if the final decision should be ia likely to CAN DIRECTORS MODIFY A LEASED The questions favor of the directors, that are passing through our courts in connection with the Elevated railroad contest have a wide interest because of tkeir supposed application to so other roads. drawn to the subject, General many been and it has been discussed on both sides with much spirit and feeling. Two decisions made this week favoring the view held by the directors of the Elevated companies bring the issue before the public attention has therefore again. The point is whether the directors of a leased modify a lease without the consent of the Btockholders. The Manhattan Company had, among other in dispute railroad can guaranteed to the Metropolitan 10 per cent dividends on its stock. "When the guarantee was made the Manhattan had no property, and its only chance of paying the dividend was in getting the money out of its two leased roads; but it gave to the Metropolitan and New York companies 6 J millions each of its own stock, which things, was distributed among their stockholders. The earnings it has a very limited application. be borne in mind that the new arrangement between tkese Elevated roads was, under the circumstances, a proper and wise one for each of the contracting parties to enter into. The company which fared the worse was the New York road, as its earnings were large enough to pay more than 6 per cent if the lease could be declared canceled. But as its stockholders had received 6^ millions of stock from the Manhattan, and there was a possible claim against the company to that amount growing out of such receipt and further, since receivers of the Manhattan had been appointed and the Court had directed them to bring an action for the fuU'i amount named, which would tie up the companies in the courts for a long time, and possibly end in their beiug required to pay the whole claim these facts added to the others we have stated above show the wisdom of the arrangement, the good faith of the directors, and that the It is further to ; — action, if legal, We cannot be impeached. have been led to make the foregoing suggestions in of the entire system proved insafficient to meet the engagements, and the Manhattan became insolvent and unable to quieting assertions made, to the effact that pay and went into the hands of have the power receivers. Thereupon the view of the decisions of this week and of the many cladaaed, there is if • dis- directors^ no safety for the stock- " J DacBMBiR THE CHttONHXK. 24, 1881. holders in oihor loosed ro&ds. wo must It ia aeon that to adopt assume the raanagoinont o{ a given road is dishonest and in collusion with the leasee; and second, that the courts would look on and permit the carrying out and perfecting of such a fraudulent arrange* ment. In conclusion, we would also add that the amount of security a final appeal to the majority of stockholders would give, seems to us to bo ovor-pstimated. If directors are determined to defraud the holders of their securities, they would Gnd no difficulty in securing a majority of stock Wo have not attempted to examine to confirm their fraud. the legal question involved, as it is before tho courts, has been decided this week in favor of tho directors, and is being rapidly pushed to a final decision. such a belitif MR. BLAINE Grst AND HIE CLAYTONBULWER TREATY. oonfllct "aietiblo." lively Examine it, state if paper on you please, regardless of the outside arguments that might be urged with reference to our interference in the Panama Canal project. That is to say, take the case simply in the way on the A- nent «llof«tb*r Veryponmr^ ofrensive to aUt« in it under ; bat the ia it irr*' Bot pori> eircamatanoa^ Remember thia ia not an effoaivo Fourth of July ortUoa we are considering, but a thoroughly doliborat* mad w«0 considered public document, addreaaed to a nation with whom we are on terma of cordial good will. In the aame coonectioo take alao the atatement n«u the cloM of the communication which reada, that "it i« " the fixtd purpoie United Sutea to oonfioa it and defending the nentralitv of the canal) "strictly and aolely as an Amoricaa qaeatioo, " to be dealt with and decided by the American Gor«ra. " aaents." We have no objection to admitting, for tb* time being, that such ia the "fixed parpoee" of th« American people; but if ao, would it be wife or ia good taste to assert it when asking a frigndly power, of the (that ia the guaranteeing especially in Let Bs consider a moment Mr. Blaine's the Clayton-Bulwer treaty. "any 101 a first proposal, to modify a treaty. Moat not such a harsh, peremptory expression at thia juncture in the negotiations hinder rather than advance tho object sought? If Great Biitain had rudely repulsed us and refused to treat, then it would have been time to have notified her of our " fixed purpose," and Mr. Blaine presents it; imagine the question a new one irresistible a^ my, &c. But even then it aeema to na that it wholly, and that the only object our late Secretary of would have been foolishness unless we substantially sent State had, was to induce Great Britain to modify an exist- with it a declaration of war as the alternative of refuaal. their " fixed ing treaty. Remember also, since he asserts it at tho close Diplomats do not usually talk about "purpose " until every other resource has failed, and they no period "since are ready to enforce that purpose. A nation's dig^nity " the peace of 1783 have the relations between the British and self respect demand that at least. Some may sug" and American Governments been so cordial and friendly gest that Mr. Blaine entertained the thought or expectation of intimidating Great Britain. Such an interpreta"as now." Starting then, with the object sought by the paper and tion of his words is wholly untenable, for it presuppoaai with these relations between tho two Governments in extreme innocence in the writer, and no ono would ever of his document, that the United States seeks this particu- lar occasion for the discussion, because at annoyed at tha style or charge that upon the late Secretary of State. He underDoes not even the sentence stands full well that if we attain the object sought, it will above quoted lack delicacy V Of course everybody knows not bo by brag and bravado, but either through the force that the date named marks the end of a war between us of friendly argument or the power of the sword. But we refrain from noticing further the unfortunate when Great Britain, as is popularly supposed, came out aecand best. To remind a friend with whom you spirit and tone which pervades this document from beginTo be sure, at the same time it expresses are about to negotiate that you never before loved ning to end. a friendliness, for there is this double character running sinc^ a ceitain time naming him so much puzzling the observer as effectually through it, sometimes and he bad a foolish fight in which you when you date punished him badly would be pronounced by all the as did the conjurer McKabe, exhibiting here a few years world an unfoi-tunate, impolite reference, and a poor ba.sis since, with his two faces. There is also another feature of Diplomacy is even more the paper which surprises us, and which if we had space to start a new negotiation upon. exacting in the style of address, always requiring a rigor- wo would remark upon. As for instance the verj We say then ungraceful way in which is expressed the fact that CJalious conformity to the strictest etiquette. the reference made was unnecessary and unfortunate. Of fornia bears towards us a relationship different from that course Great Britain will not be disturoed by iU She will of India to Great Britain. To assert that the citizens of smile, not frown, at the awkwardness and infelicity of the California are "our own blood and kindred" is well enough, perhaps, but to add that they are "cone of our expression. Turning to the opening portions of the communication, bont and flesh of our flesh " may be democratic, but as we have some sentences which might give color to the it covers the heathen Chinee as well as all other of our mind, is not the reader a infelicity of expression litile used ? — — idea that the reference to the war in question, bore with naturalized countrymen, it ia certainly inaccurate, besides a bint of our ability to enforce our pretensions. Now, sounding a trifle sophonaoric. Then, too, the mode of we have no question of that ability of course, but wo say describing the extent of our Pacific poeaessions^ must Wo wonder that a smile in any reader. e.xcite it is wretched taste and worse logic to write anything which been made with Great not have comparison should sentthe As samples of tho eould suggest it at such a time. Empire it would the German instead of one Britain noticed probably the the reader has ences we refer to, brusque, and not an atom shade more only England's have been a how inconsiderable seating after which ia mterest in the subject is the late Secretary " hopes a more, incongruous. But these latter are little matters it ; — — may bo reached compared with the unfortunate spirit displayed in the a spirit of amity and concord." Why not be so paper as before noticed and \re passed them over. With regard to the reasons presented for changing this reached pray ? What reason is there for implying a doubt of it, and especially in the very first communica- treaty, we have lees to say. They will probably appear tion on the subject ? Then a little farther on Mr. Blaine forcible to those who are wedded to the "expanded" adds that " the military power of the United States as Monroe doctrine. To us they simply help to develop more " readjustment of the terms of tho treaty ":iii " shown by the recent civil war is without limit and in clearly the undesirableness, nay more the positive folly of THE (milONlCLE. 702 tlie Mr. Blaine's very policy advocated. argument first right to occupy and fortify the surroundings of This built in Central America. and we must acknowledge demand that in a State paper. change and for all that it all canals a bold announcement is we to be actually disturbed enough, THE FINANCIAL SITUATION. Britain to accord to us the demand upon Great covers a are as old fashioned we read such Are our people ready for implies? It has been up to we time a favorite cause for congratulation that a this this are not an army-ridden nation, and frequently in a boastful but fVoL. XXXIII. We have had an unsettled, exciting stock market during Speculators for a decline have vigorously attacked first one stock and then another, and have the past week. succeeded in sharply pressing downward many of the most active specialties. The fall in these properties has had an unsettling influence upon the whole list, until even the most stable of the investment securities have yielded under the general demoralization in the market. This situation would be impossible were there not circumstances of considerable weight, favoring the operators for a decline. We have biiefly referred to the more conspicuous ones in the opening to a previous article on railroad earnings. But there is another condition which not offensive way, our situation in that particular has been compared with Europe's. This is well, for words can scarcely exaggerate the burden they bear and the blessing of our exemption. It will, of course, be said in reply that the difficulty we We refer to the anticipate is imaginary, as we shall need only a few hun- some look upon with misgiving. dred men to garrison the forts when built. Even if that anomalous standing of the rates of interest here and in were true, the action proposed would compel a change in Europe. Any amount of money can be borrowed in New a traditional principle which has controlled the policy of York on Governments at 4@4i per cent, while the bank the nation ever since we have existed as such; and once rate in Europe is almost everywhere 5 per cent or higher permitted, would find many occasions for repetition. and the open market rate very close upon the bank quotaIf this were a temporary condition, it would be of Besides, according to Mr. Blaine, this is to be no holiday tion. He grows out of the " vast no importance but in the present state of th% gold which reserves of the world and of the marked increase in busi"naval establishment" of Great Britain, the like of " in time of peace we shall never create." To be of service, ness activity in Europe the past few months, there seems therefore, our force stationed there must be large enough to be little prospect of a speedy decline and a possibility to hold the entire district in the vicinity of a canal against of even a higher quotation when our crops begin to move For of what use would more freely. this "vast naval establishment." parade. tells us its necessity ; Out of this fact a suspicion has arisen as to the strength our forts be with a few companies of men against a nation so powerful on the water, except as something to be gobbled and permanency of the holdings of our securitiee at up on the first indication of war. Remember that gov- London consequently the rumor this week of a free sellernments now-a-days contemplating hostilities do not wait ing in this market for European account was quickly It is believed and had a decided effect on prices here, especially for the other side to get ready before they strike. not their custom to announce their " fixed purpose," as our as it was accompanied by the report that the London The Prussian army had market was in a panicky condition. The cables on Tuesday State paper does, far in advance. ; almost reached Paris before France realized the seriousOar only safety then would be, in ness of the situation. forts well provisioned keeping our and full of men, if we assume the task Mr. Blaine has laid out for us. Furthermore is it not evident that the military occupation of the canal, instead of being a source of strength in case of a war with such a power embarrassment infinite Under Mr. as England, and be a positive we would have no way of communicating with our forces there, except by land, until time enough had elapsed to build a navy, and in the meantime England would either take the place by assault or starve out our " irresistible " array. And from that moment, and during the remainder of the contest, our enemy would have complete control and the exclusive use of this highway to the Pacific. Whereas if the neutrality of the canal was guaranteed by the leading powers of the world it would remain neutral through every contest. We should not have to defend it, and yet would be as safe in a war as now, since the ships of neither belligerent could pass through it. To attack our Pacific coast England would (we will use Mr. Blaine's words) " be re"manded to the voyage around Cape Horn," while we to defend it could throw enough men over our four railroads m a week to hold it against any power, and at the same time be in constant communication with our forces there. But it is useless to continue our examination state paper. anything in it to Monroe are sorry to saythat commend, except may we of this cannot fiml be the effect it opening the eyes of our people to of enforcing, even if we could, the " expanded will probably the folly We have doctrine. in it have been a prompt recovery and there has certainly been no recurrence of the panicky condition referred to. That any large amounts of stocks have actually been sold here for European account does not appear probable, for London, but there appears to in the tone of the foreign market, would cause the re««on that if this were so the tone of the foreign weakness ? exchange market would have been decidedly strong by Blaine's assumption with regard to the relative navies of the two countries, also contained a partial confirmation of this report as regards reason of the sales, demand for bills to remit the proceeds of whereas on the contrary it has been dull and weak. An uneasy feeling in London can readily be accounted for in the present condition of the loan market, when we consider what must have been the effect there and on the Continent, of the news of the sudden decline in Denver Rio Grande. & This stock had been liberally distributed in Europe, the reports of earnings and progress made in by the declaration of regular construction, accompanied dividends, being regarded as establishing the character of the stock as a fair investment property, and even the most conservative of the foreign bankers could assign no valid reeson for discrediting the securities. shrinkage in ations summer and The decline in the was not greater than the stocks of a similar charactei-, and if explan- price during the fall were demanded they could readily be given. Sud15 per cent, and the decline is denly the stock drops accompanied by the startling rumor that some of the proWithout waiting to moters of the scheme have sold out. investigate the truth of the report, Europeans appear to have become alarmed with regard to the safety of other and for the moment the pressure to American the decline could not be checked great that so sell was and the London market was thrown into a condition of properties, demoralization which the cable characterized as "panicky." When the news was received that the Denver & Eio Dbcbmber THE CHllONirLE. 84, 1881. 703 Grande Company had declared the regular qa»rt«rly diri- baa bMD mora MMiljr obtaiMM* Ihaa for Mvanl WMk* dend, the London market recovered, but ainoe then it haa past. Good borrower* with aoMpUble coUAteral* havn foand closely followed our own and kas been more or leas in. no difflculty in obtaining funds at rMaonabl« raKa, but when the collateral waa objectionable borrow^ra have baaa flucncod by the course of the speculation here. There are several storiee current to account for the in Denver & Rio Grande. The one more generally bcliovo<l is that the stock was raided by Mr. Gould with the object of breaking it down to a It is net point which would enable him to secure control. obliged to pay a commiaaion in addition to tb« rafolar unreasonable to suppose that Mr. Gould does not desire to $.^,990,592 90, which have too much company tic decline Mexican and rate The heavy of interest. market and its Mock laaaMd th« to liqiii<lation oversold condition have materially the demand while ant, the Sub-Treasury operationa reanlting in anpply haa been imor* abasd- the is a ol loaa Tb« doma*- a gain to the banka. exchangea at interior points continue to rulfl agkiaai with the single exception of at Boatoo, and By obtain- the requirements at Chicago and St. Lonia appear to b* tensions of the Southwestern system of roads. ing control of the Denver k Rio Grande, Mr. Gould might urgent, drafla being made upon thoae cities from tb* in his enterprises, the Falmer-Sullivan grant interferes with the Mexican ex- this centre, also obtain possession of the Palmer-Sullivan franchise. interior for crop purposes while a good abare of the availanother reason for his desire to secure the Denver able funds are being employed in carrying grain at road is found by some in the fact that it is being pushed Chicago and cotton at St. Louis. The following Still i westward into Utah, thus paralleling the Union Pacific. If it should bo completed by the present managers in this could readily be direction, it Chicago Burlington & made a connection Quincy, the show the extent week ended December will movement of the interior ior 22. for the encroachments of Reeeipit at and SMpmenU/rom H. Jl(M<Mlf. a^^fv^*. «l,003.000 610.000 $i,soe,ooo 1,138,000 T. which upon the territory claimed by the Union Pacific Gold and Southwestern roads, have been ineffectually resisted. Total •J.!;i3.<ioo •2.A3e.000 Therefore, by getting the Denver & Rio Grande, Mr. As above stated, the Sub-Treasury operationa bar* Gould would defeat the ptirpose of the Quincy, and at the resulted in a gain to the banks of $3,990,592 90. This, same time be in possession of the franchise for a new with the movement of gold and currency in the foregoing Pacific road. It is generally supposed that Mr. Gould has for the Denver New long period bean a road, Orleans to parallel to the At all endeavoring to secure the table, will indicate following as the changes in the bank reserve, except so far as the result may be effected and that he projected the Denver & by including silver certificates which are not countad as purpose, assist in that Denver & Rio Grande running the line for about 200 miles. events, this threatened opposition has orable influence upon the stock of the had an unfavfor some company reserve. Into Bab-Treasury operations, net... Bank: Oulof BankM jr«0a<«. 93390,S93 3,313.000 time back. • 3,636.000 $3,990,598 '423.000 •H.203.503 S3.636.00ol S3.567.S93 Total week was Low. Northern Pacific Railroad The Bank of America aeceived $400,000 gold during Company. This was attacked on "Wednesday and vigorthe week from the associated banks, for deposit in the vault. ously followed up the succeeding days, and after a feeble The only specie movements for the week have been th» resistance it yielded readily. It is reported that this is withdrawal on Saturday of £10,000 from the Bank of Engthe work of a thoroughly organized pool who are seeking land for shipment hither, and the arrival here on Saturdaj to be revenged upon the present managers for ousting the The foreign exof $175,000 gold from Amsterdam. Billings management about a year ago. The decline in change market has been barely steady during the week, "Western Union, which was one of the features on Thurswith the offerings chiefly of cotton and provision bills. day, is attributed in part to the fact that the opposition of The following table, showing relative prices in London the Mutual Union commenced active operations this and New York, at the opening each day, will indicate the week. The fall in the trunk line shares is doubtmargin of profit for cable transactions. The next most serious depression duriug the ' in the preferred stock of the less chargeable to the continued arrangements on unsettled con- and which the annual statements made public this week show have been sustained by them. The "Vanderbilt properties were on Thursday singled out for special a'.tack, so stories were put afloat that the roads had not made enough to meet dividends, and if any were declared they would have to be paid out of the surplus. What truth there was in these rumors may be seen by reference to the returns of these lines given on another page. The "Wabash stocks declined on reports that the business of the road was falling off, that the St. Charles bridge disaster was likely to be a serious loss, that the road was suffering from the effects of the bad crops along the line and that the next dividend on the preferred stock would have to be passed. "We give all of these various rumors and statements that the reader may have before him the special unfavorable influences, as well as the more permanent ones before noticed which have acted on the whole market and helped produce in conjunction with the others the general depresdition to the of business h»avy those roads, Btc. losses sion. Money during and unsettling of values, Dtc*l. ow.at. Om. UmTn lM4V 0.8.4..C. MTSe* :i8H in 00* U8M iir«M uen Iir4»« O.S.«<s lOlM 118\ 117 8T» loeji 108-88 103 .(»'<4 103 I0r44 ton* «r47 «nt »»M 4S-4B *m 48 08 2d coo. IWOl lU.Cent. isro6 N. r. C. 18SWS lOOW I81M 186K MODI IGO 181 -SS laiK ISO-li IMO* U»H ia4'«8 Brie RMdIiw OTH as-ssi as. MDH 4SM as w^ srs»^ iar44 ir«8 lOOHI ISO U»8« 134K 184 »a 8S-4IH w% 48* 88N 48S8 ae-tf lUK USM 88M as laow IS4H lar* laa 188' 18 184 •7 81-4* asM Bxch'ce, «•»« 4-S6H 4-8BM Kxprvaaed in Ibalr New Vurk «qalTaient. on basU of $80. p«r Tftlae. Sz-lntarMt. oableA. 4«M 4-88 t Readtnff % Mote.— The New York cqiiiTalent cable transfers, wlilili unliiiitrily Intereat, UMuraace ucJ U baaad opoa tbe blxhest rate for all ohmrgaa, laah ooren iMarl/ • cuuiiuksloiia. Ilere were only $440,100 bonds of the 106th call Since then there offered for redemption on Wednesday, have been redeemed $5,500 more of this call, and $200,800 of the 105th, making the amount outstanding of the latt«r Both individuals and corporations about $3,000,000. appear desirous of keeping the bonds as long as they can, finding it difficult to select reasonably safe property in By the maturity of the 106th call, if expected that nearly the whole of tbe outstanding balance will be surrendered. 1-here are alwaya which to re-invest not before, this excitement i)K.n. W. y.T. jf.r. LoiKt'n S.T. Lumd'n w.r. Land-n ,v.r. Ttcm.* PHmh. firtcM.* rriOM. prtut.' pH««. prietB.' rricn. writm.' it is THE (JHRONKJLE. 704 at this Beasoa of Governments after the 1st the year soma temporary holdings o| which is it believed bo changed will and if this proves more liberal offerings. of January, ease there will then be It has been suggested that the national to be the change xmii [Vot. an enormous incTeaso in the number of occuon the register of voters. The leading is piers to be placed new arrangement feature of tha banks having these a dwelling, will be As bonds as security for circulation might conclude to retain them, even after the calls matuie, rather than buy either the extended Ss or the 4J per cents. This would hardly be done to any considerable extent, we should think, as the Treasurer of the United States, in a circular order issued about six months ago, required banks to surrender and exchange their called bonds. Still it must bo becoming a serious question with them whether they had not better To replace their called bonds retire their circulation. holder. with 4^ per cents at 114-54 (about the price to-day), having only 9A years to run, would net them, if redeemed at aaturity, only about 2^ per cent interest on their purchase. occasions entitled to that every occupant of is a part of a house, where that part is separately occupied as the franchise as a house- the law has been understood and interpreted since 1867 the " lodger " was not entitled to tha franchise unless his unfurnished lodgings were of the clear annual Now, value of £10. of a house, he as the separate occupier of the part a householder, and as such entitled to the is franchise. How change was this we should London Times that some importance and we are indebted to the for many of the facts. On two separate effected, it is of state in detail, during the last fifty years the question of reform has occupied public attention in England to the exclusion almost of everything else. The Reform Bill of 1832 a bill the effect of which amounted to a electoral — — of England return for the week shows a loss and a decrease of 1-^ per cent in the propor- revolution was passed only after a struggle which for a The Bank of Prance reports time convulsed the Empire, and threatened civil war. tion of reserve to liabilities. a gain of 4,390,000 franca gold, and a loss of 700,000 The Reform Bill of 1867 was the fruit of a strnggle which francs silver. The Bank of Germany shows pn increase had lasted some thirteen years. It was the opinion of of 5,800,000 marks, indicating that her supply of gold is Lord John Russell that his bill of 1832 was a final probably being drawn from Russia as was suggested on measure. In 1854, however, he had so far changed his page 600 of the Chronicle December 3d. The London opinion as to make another formal attempt to secure an Eeonomist oi the 10th repeats a rumor that some of the extension of the franchise but the public showed no and the movement was brought to an end by treasure of the war supply of the Empire held in gold may enthusiasm have been exchanged for an equal value in silver, and the outbreak of the Crimean war. Unsuccessful attempts that the Bank of Germany may have drawn hence an into the details of which we cannot now enter, were opportune supply of gold when needed. Whether the repeated in 1859, in I860, and in 1866; but in the following Bank is obtaining her supply from Russia or from year, the Tories having come into power, a new Reform the Imperial stock is, however, not material. The Bill was successfully carried through both houses of ParIt was charged at the time, and not unjustly, increase recently reported is assumed to be gold and not liament. part gold and part silver, but as the accounts of the bank that Mr. Disraeli had stolen Mr. Gladstone's thtinder. do not state theso coins separately we are obliged to esti- had found the Whigs bathing and had stolen their clothes, mate the stock of bullion updh the basis heretofore used Since that time there has been no fresh legislation on thi The principal features of thaij in our table. The following exhibits the amount of bullion subject of the franchise. in each of the principal European banks this week and at act of 1867 were that it conferred the franchise on all householders, within boroughs, who were rated for the the corresponding date last year. payment of poor rates, that it gave votes to "lodgers'" Dec. 23, 1881. Dee. 23, ISSO. who had occupied, for a year, lodgings which unfurnished Qold. Silver. Cold. Sitter. would bring an annual rental of £10, and that it conS. * verted the county franchise from a £10 rental to a £12 Banket England 20,751,003! 24,741,99!) There were other provisions but these Bank of France 26.125.656 46,721,020 22,055,555 49,062,532 rating standard. Bank of Germany 6.742,237 20,226,713 8,980,333 17,960,667 have proved the most important and the most abiding. Total tlUa week 53.618,896 66,348.333 55,777,887 67,023,139 A diflBculty has existed, from the first, as to the exact .53.418.»39l66,759,133 55,804,791 167.320,610 Total preYloug week meaning to be attached t» the word " dwelling-house." The aliovo etockof coin of the Bank Rold and eilvcr division of the ly" The Bank of £41,500 ; ; H ; , ef Uennany is merely popular estimate, as the information on thi.t point. Bank itself gives no The payments by the Assay OflBce, through the SubTreasury, amounted to $518,905, of which about $169,000 was for foreign gold, and the receipts by the Assistant Treasurer from the Custom House were as follows. Cnnsislinff Date. Dulia. , Qold. Notes. Deo. " " " " 16 ... 17.... 19.... 20.... 21 $561,408 505,081 535,583 651,078 474,415 272,571 C4 $148,000| $25,000 21,000 417,000 83 11 99 65 433,000 550,000 392,000 235,000 of— Sitvcr 1,000 1.5,000 17,000 14,000 9,000 Silcer Doltars. Cerliflcales. $ 1,000 yet the act of 18C7 seems sufEciently explicit. " of a house, occupied It boroughs, as " including any as a separate dwelling, " ately rated to the relief of fication created confusion tho poor." and ; The and di pa; separ- rating quali in the Parliamentary an( Municipal Regulation Act of 1878 a new definition , U.S. And fines " dwelling-house,' in $85,000 70.000 87,000 84,000 69,000 2?,000 given, evidently ambiguity the is "that part made is tho might In word. house" for which the to purpose be last-named " include removing of supposed act to " dwelling; any part of a house separately occupied as a an; attach dwelling." where.^ The' by one of the clau " 22.... 92 1,000 of the Assessed Rates Act of 1869, which practically Total... $3,000,139 54 $2,47.'^..000 .$101,000 $3,000 $123,000 resuscitated the compound householder by declaring that] the payment of rates by the owner " shall bo deemed &J THE FRANCHISE IN ENGLAND— IMPORT- " payment of the full rate by the occupier for the purpose CHANGE. " of any qualification or franchise which as regards rating Within the last few weeks a very important and in some " depends upon the payment of the poor rate." In plaini sense radical change has been effected in the electoral terms the rights of the occupier or "lodger" as regards franchise in England. It has been brought about so the electoral franchise are the same whether he pays his; silently that to the general public it partakes somewhat of poor rates directly or indirectly through the owner of the the character of a surprise. The immediate result of the house. ... AN ANT later definition, it appears, is justified .. DBcwnt M. THE CHRONICLE. 1881.J 705 m to to Iho 23d of November Ust tho qaeation righU of the "ludgor" has b«en rooro or loM in di<> puta, more or less doubtful bat the Judgei h&vo now Down LoRBM. Batordar. DMsaber %, IMl. soanMtioa with the np^fm tnX ot Vk» Bnally decided in tho "lodger's" f»Tor, giving the full Indiau loan have b«^-D completed, asd a dOMMMaU* asMialiC money, temporarily |ock»d op. haa bean telaMad. Tha mouj weight of their authority to the doQnition of 1878, and tlie The arraogemeats ; The declined to allow further appeal question is now Bnally decided; and universal euffrago has been virtually [t is a established in tho boroughs of Great Britain, in fmnm m Md market has in eoaseqaeaee a«raiiiMd aa Midar up , tbe rate* of diseooot bavit somewhat dadiaed. tha qootftUoa io tbe open market fur three monlha' bills being 3%%u4 ptt The Bank c«nt. — rat« remaios at 6 per eent, hot there haa beea wonderful change all '.ho more wonderful that it should a fair trade demand, and it will be observed that althoagh have bean brought aboat without having been the subject there has been some relapse in tbe valoe of money, aa improvament is apparent eoiopared with a few weeks ago. Tba opeo of a single debate in Parliamnnt. market rate of dlscoont baa within the last few weeks been can hardly believo that there was any intention on low SH 8 per cent; bat an adfanoe of about t per eent haa beaa the part of tho framers of the bill of 1867 so to expand e-itablishrd on that qootatiun which will probably be maia- u We the range of the franchise; but there can be no doubt that the decision of the -Tndges household franchise of 18C7; and it is the legitimate outgrowth of the aci is in perfect accordance with the spirit of It is wonderful, indeed, the legislation of the year 1869. many that so The new is logically correct. years should have been allowed to elapse tained, more specially an we are now rapidly approaching tka when numeroos reqairementa will have to ba close of the year, satisfled. The fact, howerpr, remains that there is more stability aboat the monef market, and that a valae hat been eatabli«hed whieh is not only likely to be supported, bat which iadieatea that tka basiness of the coaatry is by no means in an oniwtiftfaetarjr meaning of the last Reform Bill was fully condition. It bai always been maintained that a 4 per cent rate of disoount, which is ab )at tbn value obtainable for moaa/ perceived. It aSords an illustration of the cautious and at the proseat tim«, ix indicative of general prosperity. Th«W conservative character of the English people and of Engis no reason for t>elieviag that the recent upward movemsnt That the eflect of the change will be has been due to caa.ies orher than of a sound and legitimate lish political life. before tho we great may full Its probablo effects are not permitted to doubt. bo inferred from the fact that in one London parish alone, the parish of St. Fancras, ten thousand be added to tbe of voters. list names put a It will will now and character. New companies and the fresh demandt upon the public on the part of railway companies for the coostraction of additional works have undoabt<«dly contributed to the greater activity wbiuh has pervaded the money market; but althoagh some of the new companies which have been iotrodaced to public notice have met with little or no saecess. while others hare mighty power into the hands of the Liberals: and it will no doubt lend encouragement to tbe more extreme men of not been fortunate that party. operations, yet on the whole the majorily of schemes which have l>eea brought forward promise satisfactory and many are of a character whch will give a large employment to our working population. The conamount of declaration of this interpretation of the law will be the struction of docks, wharves and railways requires mach labor suflrage lowering of the county franchise. "With manhood and material, and as therd are miny new schemes under conin the boroughs, it will be impossible to preserve the £12 sideration for which the sanction of Parliament is certain to be One more of the certain and immediate results of the tho counties. The injustice is too The peasant classes all ever England and Scotland will demand their rights; and it will be difficult for any Parliament longer to withhold them. With this sur- results, rating franchise in obtained, the future promises to Manifest. activity. prise sprung upon the people, it be wonderful will not if questions of land reform and Church-disestablishment are compelled to give place to tho more electoral franchise. vital question of the The enfranchisement of the peasantry work a revolution in British politics. Mr. Trevelyan, the champion of that class, has at last found his opportuwill »ity. It is difficult, indeed, to predict the consequences be decidedly fruitful in But it is not this country alone which seems alMut to participate in renewed commercial activity, as there are undoabtedlj indications of an extension of enterprise throughout the Britidi Empire, and in all countries having any claim to be called enterprising. If tbe hopes which are entertained with regard to future commercial prosperity are conBrmed, our many indoatries should be awaiting a virgorous future, for althoagh there is much, and increasinc-, competition to supply the world, yet the world is annually becoming Urger. and greater wants have to be supplied. The extension of commerce and of eivilixatioa naturally enlarges the world's wants, and yre may feel sure, therefore, that although the world's progress has been, to soma extent, checked of late, the process cannot eontinne long in force, which may follow from this new extension of the suffrage; but we agree with the London Times in saying that it is " very little to the credit of Parliament that it should have as natural and reasonable aspirations in any community cannot " been accomplished by what if we take the most charitab'e be long subdued. Oar Australian colonies continue to borrow "view of it must be regarded as an act of pure inadvor- money for works of importance and utility, and some are of opinion that loans are being brought forward at too rapid a " tence." Colonial government loans are, nevertheless, held by rate. |?(l0ttctinrg!®oramerctatgtigltsIxltctus investors with much confidence, and the colonial govemmenta are able to borrow money at a rate of interest which is certainlyBATBS OF BXCHANQE AT LONDON AND ON LONDON very low, mor* especially when it is borne in mind that AusAT LATEST DATBS. tralasia is a Continent of quite recent development and ia — — mXOUAHOK AT LONDON-Hot. 26. On- Time. Anuterdam Amaten^jun Hambarx . . Berlin Frankfort. «t2ni« Deo. Dee. Deo. Deo. Doe. . l2-2'« " 18-45 «l!*-48 ' 2478924 \ Bt-Peterfbg. Dec. Pari*... .„. Short. 25-20 »25-30 Deo. Parti 3mo6. 25-57>«»a5-65 Vienna 12-00 «12-02>s Deo. •• •• Oadli Oenoa Usbon .... &1>951H Alexandria New 4G°83i6>a 46>^34i>>a 26-15 «26-,45 . York... Bombay .. .. OalcutU 60 days '• Hong Kon^.. Sbao«hal .... la. TTgrL l3.7'»d. 3 Short. .3 3 3 Short '• " a 3 LoofC. 8 Short. 3 Smoft. Not. 30 Smofl. Deo. 3 Short. Dec. 3 4 moe. •• Dec. 3 •• Deo. 3 Deo. 3 Sound credit and judicious enterpriae 1215 which money may be safely and remuneratively employe^ 20-43 20-43 20-43 Australia will for a long time to come hold a high place. A few yaaia ago oar trade was augmeated by the f oreiga loans whieh were brought forward upon the Lendoa money 25-23 >a 25-26 118-50 market, which enabled certain governments to make parch as sa had. aa of material for various porposes. Those govemmenta doubt, a commendable object in view, bat they were pramatoia with their schemes, and -were unable to carry out the objeata .... .... Deo. in its infancy. 25 27'« Batt. .... 3 Short. still should exercise a very material influence in developing the resources of Australia and New Zealand, and there is undoubtedly a firm belief that amongst the countries of the world ia .... Oopenhafen. Madrid Timt. DaU. 3 mo«. 12S>4 »12-5\ •• 25-65 »25-70 " 20«9 » 20-73 '• 20-69 «20-73 •* 20-69 »-.0-73 Short. . Antwerp BaU. BZCHASQB OS LONDON. LaUtt 28-50 OJ«i 4-80 J*§J»«5l*8»i.d. 3ii.P%l. Be. t>al. they had at heart. The discredit which has reeantly bass attached to the foreign loan market is now patsing away, and were for foreign loans would attract some attention, if they countries whose govemmenta sought to utilize the proceeds In such a manner as to lead to the belief that works of a chataotar — . . THE (mUONICLE. 706 and as that work seems to ; be about to take a more substantial form, the world's activity ehould be proportionately great. The value of money has been declining somewhat during the week, but the rates of discount are moderate, and are as follows: : Per Bank Per cen' rates 4 -5=4^ 4 mouths' hank hills 4 © 1 ^s 6 moutUa' hank bills 4 <&; montlis' trade biU9. 4 ®5 Open market cent, 5 rate Open-market rates— 30 and GO davs' biUs S^s® I S'^ea-t 3 months' hills The following are the rate of interest allowed by the joint stock banks and discount houses for deposits ' : Per cen 3^^ do with 7, 10 or 14 dayV notico of withdrawal Tenders were received at the Bank of England yesterday for JE1,930,000 in Treasury bills. The whole was allotted in three months' bills, tenders at £99 Is. lid. receiving about 60 per cent and all above in full. The Government is paying therefore about 3% per cent per annum for loans. Annexed is a statement showing the present position of the Bank of England, the Bank rate of discount, the price of consols, the average quoiatioa for Eaglish wUmt, the price of middling upland cotton, of No. 40 mule twist, fair second quality, and the Bankers' Clearing House return, compared with the four previous rears. 1881. 1880. 1879. & £ 25.5.39,790 26.219,025 Oiroulatlon Public deposits Other deposits 4,226,124 24,877.610 13,241,014 22,942,2^6 10,798,913 Governm't securities. Other seciu-ities Ees've of notes & coin. 5,379.710 24 441.013 14.863,019 13,105,045 14,722,361 & & 27,539,630 2.755,629 29.965,269 19,169,934 15,143,596 29.405,285 3.993.762 25.H69,4«6 14,737.624 20,728.354 11,958,971 27,733,246 26,3J4.256 bullion both depai'tmeuts.. 20,588,703 25,941,586 Proportion of reserve 36-40 5 p. c. 9938 xd. to liabilities Bank rate Consols Eng. wheat, av. price. Mid. Upland cotton. No. 40 Mule, twist. 45s. 4d. 63, nd. . 10=8(1. Olear'K-house return .133,845,000 3 2»9 p. c. 9914 X d. 5 p. c. 44«. 5d. 638d. cl. 7a. 6i3,,d. Pr. Parts Brussels 5 4% 51-j 51.1 Amsterdam 413 Ski at the princi- Bank & other Spanish cities 4 Petersburg... 6 6 5 Madrid St. Frankfort Geneva Genoa Copenhagen Vienna 4 Bombay Hamburg Open market rate. Pr. 41^ 414 4!^ Berlin Pr. ct. cl. 5 • 6,507,500 13,516,000 30,525,872 30,753,317 29,872,993 471,046 505,072 297,037 666,833 Result 30,557,932 Av'ge price of English wheat for season (qr.) 48s. 7d. 30,019,800 30,461,310 29,206,160 Deduct exi>orts flour Visible supply of wheat in the U. 8.... bush. 20,600,000 41s. 5d. 16,200,000 lUFOSTS. 1881 owt. 17,139,390 Barley Oats Peas 3,859,4i)8 Beans 446,316 7,682,935 2,956,403 589,376 com 1879 1.830 Wheat 2.864,183 17,160.803 4,141.834 3,574,617 813,039 21,016,9.54 475.288 10,935,513 3,190,752 5,568,709 4,986,924 688.589 770.866 6,193,643 3,233,893 1878 14,459,7'31 4,'236,622 3,364,539 582,280 434.116 9,206,697 1,897,263 EXPORTS. 1881. Wheat cwt. Barley Oats Peas Beans :.. Money has been 429,301 15,111 233,833 23,592 11,107 57,411 41.745 1880. 1879. 1878. 460,686 4,605 149,159 51.654 13,904 69,243 45.386 259.3S2 5,649 15,178 30,779 11,004 299,133 37,655 610,340 31,481 35,495 5.488 2,368 86,9!)6 26,493 5 imports, sold at 51/id. per ounce. The Bank of British North America has declared a dividend of 25s. per share, being at the rate of 5 per cent per annum. subscriptions to £400,000 debnntures, bearing 6 per cent interest per annum, and 1 per cent redemption fund. The price of issue is £102 for £100 debenture. change has taken place in the value of wheat during the week. The trade closes with a somewhat steadier appearance, but with no activity. We may expect the trade to rule quiet during the remainder of the year. The following are the quantities of produce afloat to the United Kingdom little ; Wheat, 2,591,000 quarters flour, 120,000 quarters Indian com, 234,000 quarters. The weather is remarkably mild, and ; green food is very abundant. The consumption of bread is, therefore, below the average, and there is some probability that, owing in some measure to the mildness of the season, and to the delay in closing Black Sea and Baltic ports, our stocks of produce at the close of the year will show a decided increase compared with the last return. The weather has been very favorable for autumn sowing, but colder weather is desirable in order to keep vegetation in check. During the week ended Nov. 26, the sales of home-grown wheat in the 150 principal markets of England and Wales amounted to 52,490 quarters, against 46,010 quarters last year and 38,580 quarters in 1879; while it is computed that they were in the whole kingdom 210,000 quarters, against 264,000 quarters and 154,320 quarters. Since harvest the sales in the 150 principal markets have been 636,061 quarters, against 569,- 10, 1881. good demand during the week, and the open market rates of discount show a moderate improvement, the quotation for three months' bank bills being i% to 4^ per cent. Gold continues in demand for export, but the supply held by the Bank of England has increased, owing to the return of coin from provincial circulation. The position of the Bank in an improving one, the proportion of reserve to liabilities 39^ per cent. That ratio, however, of assets to liabilities does not by any means justify a lower rate of discount than five per cent, and it fully accounts for the increased firmness of the open money market. The Board of Trad* returns issued this week confirm the general belief in an improved condition of our commerce. Our export trade in November was very satisfactory, and the tctal for the eleven months compares very favorably with last year. Our home trade has also improved, and has been more active than for some years past. The year has also been fruitul in new undertakings, and these have caused money to move about somewhat freely during the year. Business is still believed to be very sound, though profits are said to be small, and the present interest rate is calculated to keep injudicious speculation in check. During the remainder of the present year money will be being 6 invite 483. 4d. 29,800,000 during the first fourteen weeks of the season, compared with the corresponding period in the three previous seasons. is and the supply held by the Bank would have fallen off considerably had there been no return of coin from Provincial circulation. The siilver market has been very quiet, and fine bars are quoted at 51%d. per ounce. Mexican dollars have been The Minas & Rio Railway Company 423. 4d. 24,200,000 The following return shows the extent of the imports and exports of cereal produce into and from the United Kingdom 6I3 The movements in gold daring the week have not been import- ; 9.374,315 31,0.'8,978 or 5^ 4 4 ant, but the export inquiry has been in excess of the Very ....11.023,100 Total LoHDOs, Saturday, Dec. 5d. 10 9d. io%a. 91.932,000 123,564,000 103,829,000 ct. 1878. 14,459.731 1,897,262 home-grown 3d 433. 46.^. market. 1879. 21.0in,954 3,233,893 94% lad. money 1880. 17.460,803 3,190,752 p. 0. 9713 : rate. of produce Indian corn Flour The following are the current rates for pal foreign centres Bank Open Pr. Sales Indian Flour 1373. lti,34H.678 1881. Imports of wheat. owt. 17,139,390 Imports of Hour 2,864.438 wheat and . 3^ a% Joint-stock banks Diflcouut liousos at call Com and XXXIU- 672 quarters and 366,133 quarters the estimate for the whole kingdom being 2,544,250 quarters, against 2,278,700 quarters during the corresponding period of 1880 and 1,501,750 quarters in 1879. Without reckoning the supplies of produce furnished ex-granary at the commencement of the season, it is estimated that the following quantities of wheat and flour have been placed on the British markets since harvest. The visible supply of wheat in the United States is also given likely to lead to beneficial and remunerative results were to be tindertakeu. The work of developing the world must continue to progress, [Vol. wanted. Some are of opinion that there will be a decline in the Bank quotation early in 1882. but the probability seems to be against such an expectation, as a year of activity is very generally looked forward to. The present year is closing with many indications of life, and during the past week several new schemes have been introduced to public notice. The more important is a new railway share trust company with a capital of £6,000,000, which has lor its object the purchase of sound British railway shares to the extent of the support afforded to the committee by the public. Many schemes of this description have been introduced of late years, and they have met with a fair measure of success. The present undertaking is expected to be well supported, though the public are not so enthusiastic respecting an equalization of interest as they were. Many investors prefer to lay out their surplus capital in the same manner as is proposed by these trust companies, but they do not care to entrust to others what In cases, those can be safely undertaken by themselves. inaugurating the trust have speculated largely upon it, and such a course as that can scarcely pnimote confidence. The control of so large an amount of capital as some of these trust undertakings obtain gives an enormous advantage to the few, but a large section of the public appreciate the idea, and diffl- 1 — Dbckmbkr ealty THE CHllONJCLR 24, 1881.] •oldom experionoed in . . \m bmmmij aapport. Moarlng the Krj>orirdl»— Pani qiiotationi for mone/ : Ptr ettl. OiM-nniiirlirt nitr*— Ptr rtM, A iiioiiiliii' iiiiiik lilIU S 4>a«4S U moiiiliK' iMiiik hllla 4>i»4H 4 A luuuvlu' trade bUto. 4>*«3ia The foUuwing aro the prea«Dt Bank rata Oiieu-niurkrt rktra 30 >n>l 60 duva' bUla. 3 ('bin* «ulaM* lodla— Horabay Oil « « £ excliul- In;: r.. ink piml bills. PllllllC .l0|H situ lu.iHMt.ris G.. iHlU-a. i:i.2i:t.!>iil Ol s 31.24«.IT.'5 4.4Sl,:illl 2H,:i(li».li;i.') 2i,:ii:>.o;ii U.:)t!.'),01U •.•o.iaii.iio colli ll.O8S>,0J7 13,1)82,775 13,550.654 1.7.17. IIJ I 2i,:»itt s.>ti 0.740.8.'il Colli iiiul liuUioii In bolli it('piirtiiiriit«t.. 20.785,037 25,012,243 27,669,604 23.005,026 .fe Pr(ii«>i tlidi 89-50 5 p. o. titte 3 3 P.O. osiex Ooiisols Bank Open rati. market, Bans 5 Bmwirla Sij Amsterdam 5 Berlin 5 Pr. 5 p. 0. p. Open rale. market. Pr. Spantab 4"8 41a oltieg Frankfort 4<>8 Hamburg 4>9 3\ Bengal 4 new Russian loan is spoken l,e!)3,800 3,040,709 nraad total 328,584,300 423,631,100 Other manufactures of cotton show as follows: 406,430.600 In Kxports November.... In months November.... 1880. 01,631 IM.vn.-) ft9,6«5 l,06O.;<OO 54.5-<3 039,161 67.-22i K7.'2-25 4.101,141 5,7O.M0» 1891. 187.609 75,533 1,451. |m2 01.677 5,551,047 > 1879. 1880. 1881. £ £ «. 1,404.269 8,661,199 2,634.234 0,109,213 9fiWfi*< 563.474 12,026,770 4,16^,371 15,500.lii3 7I336» 1,144,110 14,812,U03 612,70-2 .57a.»70 513,413 0.769,070 1.010.552 10,334,161 6.(KiU.ri09 6.311.727 t!3H.iiM 6,80-2,178 537.573 6.C11.30S TOTAL OOLD AKD SIITKR. Imports In November.... montlis.... Imports In Bxiiorts in Noveinjer. Kxporta in 11 months... n . . ..-, .o 1,176.176 22,606,740 5.1 57,023 I 25,834,.564 1........... .. •••"7,301 -.271 .682 ..,...i.59« '. There has been a little more animation in the trade for wheat week, but the amount of business in progress has been far from extensive. Prices have not materially varied. The weather has been \ery mild until to-day, and there are now some indications of winter. The quantity of wheat afloat to the United Kingdom is estimated at 2,671,000 quarters ; floor, this condition of the satisfactory, Il»fit9fi09 in bullion Exporuln 11 mouths.... 4 fiom 1.623,600 SILVER. 933>s The far 2Hl,27S.tO0 132,420,000 29l,ait,9«>0 01,406,100 Iiiiliorls in II 7 of. u 235,:84..50O Imports In November.... el. ounce. A 37,7U,SOO It months.... Ex|K>rtNln Novemlier.... Exports In 11 montbs.... silver finances of the Imperial Treasury S,MSiMV .'ii.ihj.inhi liii|M>rts In market has been very quiet during the week. There has not been muuh demand from any quarter. Fine bars are quoted at 52d. and Mexican dollars at 61^d. per The HI 2n,.itr,',u><i Imports 63» 8t. Per«r8biirK e,»70,40» m,lMJO» 7.raa,ToO t.XMMM OOLD. 5 . 3,900,10» BJ.MS.MW during the month of Norsmber and in the eleven months were as follows: Madrid and other Qeneva Oenoa Copenhagen Vioiinu Sank Pr.el. t.l xi . The movements I!. 9mi 9718 cl. J 187II. centres Pr.el. l: Lnoe and patent net £ HiMlery of all sorta £ Tlire^Hl fur sewing Iba. Other iimiirs..iiotnnuin'at'd£ Tor. value of eotton manfsf 40k. 1 111. 448. 1 la. 44a. lOd. 46b. 7<1. Ene. ttlieat, uv. price 4is,«l. 7>«<1. 6»8l. Mid. l^iliiiul cnttun.. 10>9<1. 40uiiilc twiHt.. IOHkI. Ud. No. 0»B.l. eiearlnx-Honav mt'n. 119.776.000 151,020.g0o 86.4 1 6,000 6.220.0OJ The following are the current rates of discount at the prin dpal foreign T Htralta8«tU«llMaU 1 of reserve to liiiliUitica Bank 1.^.64!).1;'S0 KrnmX »! "> -i Total luiblaaobad or bleaobiid Total prtnted,d7ad,or Mlored Total mixed matenala, ootton prwlomlaatliig « 2li.029.470 27.0SS.n.'S0 «.20i>.017 ;t.0-».'>,t38 2x.U27.;)H.'5 2-l.J 1.173 t,n»,aOO ' '-eylon 1878. 25.44:^,34() 4.9l).5,liU 22.M.'js.80l 4441,000 1,673,700 87 r Australia Uitaer oountrles : 197D. 4.7M,aOO >;•<>">• rate of dlaooant, the price of cnnitoln, 1880. WiSHM Brttlah 3\ 1881. ijr . 3<ll,iOO * Afrlea the average quotation for Eni;lish wheat, the price of middling npland cotton, and of No. 40 mule twist, fair 2d quality, and the Baukera' Clearing House return, compared with the three preTious years Ctn'iiliiiliin, lj» I Brtilah PoaacMldOS la Boulk a statement showing the present position of the is wt 7J Brttlah North AaMrtoa Britlab Weat India Itiaads 3>< 3>^ Bank of England, the Bank ;,| •/ ' lalMMS MalU with notice i OlbraHar niuiiltaa' hllla Joliit-atock banka Dlavoiiiil houaoa at call \r^ iMn.rmfi 4- , PiilllralDfl ;oo .'ii 7a lanU. rar-u. 1 . aad BoQf Koog iaput Java Th«> following are th« rates of interest allowed bjr the Julutstock bankH and dlocoant hoaseti for deposits: Par ttn'. Do Annexed 707 and 101,000 quarters Indian corn, 2.16,000 quarters. During the week ended Dec. 3, the sales oi home-groWB wheat in the 150 principal markets of England and Walea amounted to 47,132 quarters, against 44,286 quartets last year and 38,428 quarters in 1879 ; while it is computed that the/ were iu the whole kingdom 188,530 quarters, against 177,150 quarters and 153,720 quarters. Since harvest the sales in the 150 principal markets have been 683,193 qnartetw, against 613,958 quarters and 404.561 quarters ; the estimate for the whole kingdom being 2,733,000 quarters, a^aimit 2,453,850 quartets andl, 655,500 quarters in the twb previous Sea.'<oa«, respectively. Without reckoning the supplies of produce furnished ex-granary at the commencement of the season, it is estimated that the following quantities of wheat and Hour have been plac<>d on the British markets since harvest. The visible supply in the United States is also given ; experienced in obtaining money at home. It is stated, therefore, that the Government of Russia are about to appeal to Europe for assistance. The Board of Trade returns have been issued this week, and they are very satisfactory. They show the following great diflScolty is results. 1879. Imports In Import!! In Export.-* In Exiiort;^ In 1880. November £34,343,393 £38,429.382 eleven niontbs 32ri,80«. 1 8.5 37(i,773,204 17.0.51,955 18,864.700 204.695,737 Novembt-r eleven montlin The followincc Novmber 30: 174,927,552 figures relate fo the eleven 1881. i3».2K!).7=4 3(i2.4J1.0!IO 20.7l:t.l<i4 213.75ti.!»U7 months ended dcpohts. Cotton owt. 1879. 11.233.263 EXroHTS. IS79. Cotton Cotton yarn owt. Iron and steel. Linen yam linen pleea goods Jnte manufactures yards. 149, 106,900 1 ,.^.> ,342 Bilk manufactures £ lbs. aittoU wool 12,162,100 Oolonlnl and foreign wool.lbs. 224,480.836 29.42!i,700 Woolen ynru lbs. Woolen clotb.s 4l,.i91.(>00 yards. Worsted stnlTs yards. 170,470,300 1 Flannels Carpets 13,534,-i!52 1»80. 1,778,607 196.486.300 1881. 1.674.127 232,:(.>1 ,noo 1881. : 1,.'>07,727 lbs. 215,ii77,900 ...)-ard8.3,39!>.3S)9.00,) 4,l-.i3.231,900 4,39(>,e:i(i,20o ~ " 2.639,.")49 " 3..">lS,ill tona. 3,558.324 1«..534,800 lb«. l.'>,943,000 15,039,100 1.59,799,.-.00 yards. 145.180,430 1.52.383.000 Ctottou piece gooda. BlomkeUA 1880. 12,975,275 bbuiketing..yd8. yards. yards. 5,132.100 4,!(18.700 6,091,800 165,923,900 1,844,102 16,249,200 187,523,800 215,.536,689 243,38l),217 26.632,01 P() 50.1)- 1.200 17.5,417,300 5,.599,7o0 24.002,100 46.108.900 174,699,100 5,641,000 5,556,800 8,911,500 2,32."i,<)«2 12.438.500 7,429.200 9.020,100 The following were the Quantities of eotton manufactured piece goods exported in November, compared with the eorresponding month in the two preceding years : 1879. Yard». 3,730.600 2,100.400 3,« 11,200 Eiporled lo— Germany Halliind France Portugal, Azores It«ly it Madeira. Austrian Torritortea Greece Turkey EKJPt West Cwuit of Africa United States Foreign West Indies Mexico Dulled Stales of Colomina (NewOranada) BtbiU Olim 4,144.200 1,081,000 2.748.700 21,336 600 7,519,000 1,567.800 3.202.200 .5,-.'78.600 3,152,400 R pubUo 596.'200 3.172.100 39,214,600 21,682,500 2,680,100 2,696,300 8,224.800 4,179,500 1851. Tard*. 2,845,300 2,564,000 4,1m7,.i()0 5.'<89,1()<I 6.218.100 1.(>8(,I04I 8.(i7.'.-00 4.5,990.I<XI 14.4(Mi.<uxi 2.236,20O 3,1194 ,(H>. I 6.80<MiHi 4,639,700 4.441.<;00 4.482.n00 00 18,631,900 1.588 300 3.29:1,500 23,81 14.6<"> !2 071».llMl 4.331,300 3,387,000 7, 56.000 3,239,700 6.23 J. <X' 8,Oo2,SOO 2,7-'0,700 20.11? 1.1 Uruguay Argentine 3.883. .500 1880. TanU. 2.559,900 2.769.300 4,907.700 6.186.300 6.060.300 1 I • 1SS0-8I. Imports of vrheat.cvftl8.0-J0,841 2,975.137 Imiwrts of flour of Sales 1877-78. 22.:»71.377 1.-..402.817 3,503.953 3,443,U)1 2,004,324 10,641.933 7,173,600 14,919,000 33,050,062 32,991,568 32,012,141 ^„_ ,_. 187!>-^0. homegrown 11,812,000 produce 32,837,078 Total Deduct exports wheat and flour of 501,086 32,333,802 BeauU Av'ge price of English wheat 1878-79. l:!,»(i2.17I for 9«yi«in (IK). 48a. 4d. 524,586 301,434 33,525,476 32,687,134 „. .„ ... 42a. 6d. 48a. 3d. supply in Uiiit'd Statc«...:......buab.20,600,000 ,__ 603.434 3'.,318,707 .^ ,, 41a. Od. ._ _.. __. 17.045,080 ViBililc 24,600,000 27.850,700 following return shows the extent of the imports and exp<.>rts of cereal produce into and from the United Kingdom during the first fifteen weeks of the season, compared with the corresponding period in the three previooa aeaaons : The IMPUKTS. 1880-81. 1870-90. 18.902.17I 4,038.4!K) 4,085.110 Barley 3,754.803 3,153,138 Oata.: 96.3,368 658,303 Peas .593.730 467,027 Beana 11.31-2.806 7,080,8»l Indian com 3..503.»33 Flour .™V:.::i:.l.... 2;973,137 Wheat cw«.18,62.«,841 Wheat Barley Oats.: Pcaa owt. ..... "... Beans........ Indlai Flour 00m . . „"... BaKllali __ 2-2.374,377 __ 1877-,8. 15.402,817 5.HS8.202 4..56e.20* 1878-79. 5.277.1.b; 7P9,o72 t.53.667 6.101,3>'5 3,740,1OT ?3?9| „ 477,103 3,443,591 0.604.466 2,000,334 XPOKTW. 473,632 460J80 B,.573 17303 26.5.402 MS*^ 168,360 54,370 14.374 3I.«>«3 264,329 2C254 11.066 57,552 43,687 T7.I19U 48,954 5.71-5 15,674 II.S.S 301.993 40.032 "•gSS SJ^Sff 3.4«3 »0,14a 37.086 S.M narket Keporia— Per Cable. The daily dosing quotations for securities, 4c.. at London, and for breadstoff.t and provision-* at LiVMrp«M<l, are repoltM by cable as follows for the week endiiu; December SX: : THE CHRONICLE. 708 d. 1207e 4433 13012 G113 3434 33-25 10512 II7I9 120=^ 44i« 1351" G414 31=3 13!)l9 Ii3;)i2 10512 Pliiladelphia & Reading. 35I9 140 New Yorlt Central Liverpool. .*. rf.. d. s. O 14 O 14 . Winter, West., u " Cal. -white mix.. West. " Com, d. O 10 14 10 10 10 " . O 17 91 G O 56 O 54 G 50 51 O tion to 1 05 la U7>2 II7I2 121 50 O O 5 O 91 -.11 G 4 997,6 133 63 1311-j Gt 34 14 13812 3458 13313 U 10 10 10 5 72 17 91 83-.-50 I05ia II713 121 42=8 03% Wed. 17 G 9V<3is 43% 43% 72 56 54 1051a 120 Vg 10 G 5 10 5 10 72 47 Pork, West, mess . tp hbl. 72 Bacon, long clear, new.. Beef, pr. mess, new.^te. Lard, prime West. Ig cwt. Cheese. Am. phnicp. new 993,6 131 7 8 10 10 10 7 5 lOia 5178 1 d. ». Fri. Tliurs. 99-!i8 31-071-3 83-75 Tiics. Atoyi. Sat. Flonr (ex. State 100 lb. 14 " 10 Wheat, No. 1, wh. " 10 Spring, No. 2... . 9!JB|6 9!>5i8 05 Pennsylvania 991,6 99h8 1171-2 stock Illinois Central 7 8 Sl^s 991,6 995 6 II7I3 121 4618 13631 common a. Wed. 5U3ie U. S. 412a of 1891 U.S. 4s of 1907 Erie, d. Tues. 51^ 81-30 — s. Moil. Pr'cli rentes (in Paris) fr. U. S. 5s oxt'n'il into S^as 10.".% XXXin. Texas Trunk. At a meeting of (he creditors of the Trunk Railroad of Texas, at Dallas, Messrs. W. JI. Rogers, Richard Morgan and A. Newlin were appointed a committee to ascertain the indebtedness of the road. After an examination they report that the road owes $114,227 70, the creditors being principally in Da'.las and Maufman, and the'/ think that there are other claims against the road enough to make its indebtedness $125,000. The road has no money Attention is called to the notice that the East Tennessee Virginia & Georgia Railroad Company, as lessee of the Memphis & Charleston RR., will pay the nast-due coupons at the office of R. T. Wilson & Co., this city, of the latte r mad which have not heretofore been bought in by the lessee, and will putchase at the par or face value of same the coupons maturing January 1, 1882, on presentation on and after January 1, 1882. The attention of the cotton and produce trades U called to the card of Messrs. Hinson & Blonnt in to-day's Chrokicus. Thifi firm is composed of young and energetic men with ample facilities, besides having an extensive acquaintance in the South. The firm is repre.sented by one of its members in each of the Exchanges— Cotton and Produce — and gives special atten- Sat. 51^4 993,6 997i6 Sl-80 London. Silver, per oz Consola for money Consols for account [Vol. 3413 138 Fri. Thiirs. 5 8 7 10 C 5 10 72 8 6 91a G — — '• futures." — Coupons of the Buffalo New York & Philadelphia Railroad will be paid on and after Januarys, by Martin & Ci). Also by the same firm the coupons of the Allegany Central Railroad. Notice is given by the Indiana Bloomington & Western Railroad Company that the semi-annual dividend of 3 per cent will be paid on the outstanding income bonds on and after mortgage bonds first Mes-srs. Post. Nation.^l Banks. organized —The followia^ national baaka have bomi 2,601.—The Chicago National Bank, Cliicngo, 111. Authorized capital, President; Itonryll. Nash, Cashier. N. Y. AntUoiized capital, Meander Frcdeiilmrg, President ; 86th W. Hubbard, .$3ii0.000. .TiihuK. W.-vlsli. 2,602.— Tlie National Bank of $50,000. Staiiiford, Cashier. 2,603.— The Manufacturers' National Bank of Neonah. Wis. Authorized Iliram Suiltli, President; U. P. Finney, cai)it:il, $03,000. Cashier. 2,604.—The Winters National Bank of Bny ton, Ohio. Authorized capiJaiuos C. tal, $300,000. Jonathan H. Winters, Prcsideul ; Kebcr, Cashier. — 1878. jFor TFeefc. Gen'lmer'dise.. Total Since Jan. 1879. $1,102,300 3,290,475 $4,393,335 1880. 1881. $1,740,841 0.544,301 $1,532,504 5,875.831 *l.e3:i.540 $3,235,202 $7,408,335 $3,179,501 0495,938 1. Ury Goods Gen'lmer'dise.. $74,008,324 207,217,401 Jan. $90,092,018 $117.8,30,451 $107,034,719 24'2.309,844 347.980,495 314.500,081 Cons. Gas of BalttTuoro 39 19 233 lirooklyn Gaslight Co.. 123 i-j 412 M.anhattan Gasl'ht C0.2ISI3 50 I,a Clede Gas Co. of St. 8 L'>iiis, 1879. Prev. reported.. Total s'ce Jan. 1 333,353,429 Iron Sclioolcraft $0,032,474 397,113.630 Co. diviwill be sold the f ollow- Town Lot Co $11 p. sh. Hall Asso'n 51 1 Clinton 490 Kcnawha & Elk Kiver & Miniuf; Co., $700 Little Kanawlm A Elk Kiver Petroleum & Petroleum aird Mliiins C(>. certiflc'oa. for $5 5 National City Bonk ....266 10m.Jersey City Gaslight... 103»« .50 Pliemx National Uauk.lOGi* 107ia loN. Y. Kire Ins. Co 10 Sterling Fire Ins. Co... 67 2 Stei-lini; Fire Ins. Co. .. 66ia 90 estarFire In*. Co 109i8 32 N. Y. Gaslight Co 21 Merchants' Nat. B'k .xl30>s 5 Central Paik North & Eist, River RK 136>a 8 Union National Bank..l55ig 50 Brooklyn GasIigUt Co. .125 300 Moutaiik Coal Gas $15 p. ah. Co Bonds. $4,400 Gaslisht Co. of Balti- more Gs of Michigan; 100 Denver Mariposa 200 Mining; Mining (cortiflcato dated 1870); $0,000 Mariposa bonds; coupons October, 180-7, and since, on; 10 shares Homestead Fire allfor$39 Ins. Co certificates . 92 $7,000 Consol. G;ia of Balti104>8 more 0.4. due 1910 $5,00 I, a Clede Gas of St. 105 Louis 8^, due 1888 $800 La Clede Gas of St. Louis 6s cortiHcates, pay100 alile after 1836 $3,750 U.S. Life Ins. Co. scrip 68>« 1 BANKINCJ AND FINANCIAL. 1881. 1880. $8,55 1.805 337,953,009 xllO'3 Railro.id SB's 20 Mo. Valley Land Oo.S") p. ah. 2,000 Grant Mining; 300 International Coal & Railway, Nova Scotia; 6.500 Esiex & Diadem Mining; 2.000 Denbo Min'g; 1,041 Mining; 400 Ilolyoke : 1878. Mo 180 Home Fire Ins. Co. 151 a 1.50 100 U. S. Life Ins. Co .111 202 Iowa Falls & Sioux City following is a statement; of the exports (exclusive of from the port of New York to foreign ports for the ending Dec. 20, and from January 1 to date EXPORTS FROM NEW YORK FOR THE WEKK. $7.2G'J.771 -I a Sharcs. 31 Sioux City & Iowa F.ills 15 Metropolitan Nat.H'k.xiabia 1,500 Mechanics' Nat. Ba^k. xll8'a«14RMi 10 Clinton Insurance C0..I5313 213ia GO Ci'Utral Trust Co 2i-* 30 Continental Ins. Co Books 1S82. 9, MuUer & Son . 30 Seventh Ward Nat. B'k 9313 30 National Park Bauk..xlGli3 25 Nat.B'k of Commerce, x 146I3 The -week... January Auction Sales.— Messrs. A. H, ing at auction this week: specie) For the Metropolitan National Bank has declared 5 per cent, payable closed until January 10, 1882. In our report of the dry goods trade will be found the import a of dry goods for one week later. week 1S82. dend of *281.315.733 $332,401,862 $405,810,946 $121,381,830 Tot.al 3, —Th-3 S/iares. Imports and Exports for the Week. The imports of last week, compared with those of the preceding week, show an increase in both dry goods and general merchandise. The total imports were $8,179,50-4, against $i>,993,643 the preceding week and $7,279,494 two weeks previous. The exports for the week ended Dec. 20 amounted to *-S8,500,000, against The 554,911,998 last week and $7,100,090 two weeks previous. following are the imports at New York for the week ending (for dry goods) Deo. 15 and for the week ending (for general merchandise) Dec. 16; also totals since January 1: FOREION mPOKTS AT NriW VOBK. Dry Goods — •68.500.000 303,513.328 $341.128,'!00 $3 16.507.874 $404,016,130 $372.013.3-!8 The following table shows the exports and imports of specie at the port of New York for the week ending Dec. 17 and since l^" THE OPENING OP A NEW TRUNK LINE FROM TH« ATLANTIC SEABOARD TO THE WE3T is an event •! so maeh importance that wo have taken more than our usual pains to lay tha January information before our customers and correspondents. * Estimated. Oustom House. We have been unable to procure the fl.{uroa from the 1, 1881: EXPORTS AND IMPORTS OF SPECIE AT NEW YORK. Exports. Wehavejust Imports. Gold our Week. Sreat Britain France Since Jan. $1,000 Week. 1 $ $71,100 West Indies Mexico South America 2.000 253.706 102,700 . All other couutriea $32,90--',533 98,430 57,590 230.090 7,000 li'.SOO ' Since Jan. 1 4.133,950 9.345.112 3.257 301 389.300 800 759 729 170,940 2.217,542 olllcc, issued a pamphlet, copies of which can be obtained at OHIO RAILWAY to LEXINGTON & BIG SANDY RAILROAD, Newport News, and between the Chesapeake $1,000 $441,066 "300 2,237,523 2,074,109 Sc Ohio and 64,237,559 75 S14 231 forming the connectiOB Its allied & Ohio now lines, West, Southweot enters the field as a throush trunk Hue $571,456 $53,005,533 3,018,613 518,995 also of the and Northwest. The Chesapeake Tetal 1881 Total 1880 Total 1879 CHESAPEAKE * ELIZABETHTOWH giving an account of the completion of the and as the shortest route to the seaboard of the AUeghanies, with very Ught for ton millions of people fliod charges west and a rapldly-dorelop- Silver. Great Britain $138,015 Germany West Indies Mexico South America $9,562,532 373,950 270,809 10,204 6,664 1,167,710 of 1911, issued 174 46',694 All other countries Total 1881 Total 1880 Total 1879 iug local business. s.i'ii $220,883 20,005 241,735 890 990 $ 31,650 3",776 29,231 $13,575 31,4J9 170,335 $2,753,953 5,407,040 7,840.062 Of the above imports for the week in 1881, $104,580 silrer coin. to geU the $2,000,000 six per cent toonds on tha completed road to Newport News. Price, par and ''78 $138,015'$10,300,265 193,0001 G ^^l^ cio 295.294 12.314.139 American gold coin and $4,769 American The company are now ready were accrued interest. A iosoription of the bonds will be found on pages 15 and 18 of the pamphlet. FtSK & HATCH, No. 5 Nassau 8tr«et. : Dbckmiikh M, — : THE CHRONICLE. 1H81.J OlraaUtlon Vrr When ernt. Payiible. . 70» - LnaiuaaddU. f'' ipwl* Wam« •< Oomjmnv. : ' !(•( dapoiit nnokii rtntnt. (IfnytiHeluatr*.) LmalMti. LBcalrc*'.' llallD.ailn. RoMrva DOKtiiii Iiiivi-ni Itcn li ,v I.ynn Oliloimii liiwn Ni'briiHkn <^lili'tiKn U. I..liiii)l >«: I'm'. (i|imr.). 3H| Onindi) (c|iiar.) Ktiiil .V l*ri-»i MjiniUdlto picf Ijiko Slinro * Mich. Huu. (<iiittr)... Mortlinii Cciitrul I'll A I>«iivrr .(: Kill Olll <'nlnliv a. Pi-.. : ei prof... . *4 W 3 3 3 f :m, 3 Jan. Jan. I'-ol). Jan. Jan. 2 rii«o. ie (0 t I)mi, 30 . to to 1 tn 1 lo Jnn. Jim. 14 Jnn. It) Kub. U 2 18 Jan. is to Jiit. s'i U Jan. Jan. It) Full. 1 Jan. Jan. Jan. Jan. Jau. H) Jau. 1 of Now Vork.N. Iiiipori. rs' ti Irviiij,' B. A TnuU'M' Nat 4 4 ?4 .National Mi'cliiiiilrb* Niitlonal 4 4 4 n Morrfuilllo .N';ttioii:hl HirrbniiiK' KxcluiiiKO Nutloual... 3 3 Mi'irhjiiit.H' Natloiiiil Niiti..nal liuiik of Coinmi-ico 3>9 A Matiniial HiitcherH* Urovvni'... MatiiM.al Cilizfiia' National I'aik National Sliou & I.«atber •. Ninth Nati.inal National Tbii.*! National 1*ru(|cain(.'ii'r4 Na'iunal liiKnriinco. Montauk Fiio (Brookh'n) loreilaiioooii. Brooklyn Trust St. Nl<'li..la» I MeioautiloTmst NEW YORK. FRinAV. 4 4 3 'a 4 4 3'* Jan. Jan. Jan. Jan. Jan. Jau. Jau. Jan. Jan. Jnn. Jau. Jan. Jan. Jan. Jan. Jan. .lait. 3 to Jan. 2 Jan. Jan. 3 Duo. 21 to Jan. 3 IMio. 21 to Jan. S Doo. 22 to .Inn 2 2 3 Doc 17 to Jan. 3 Dec. 21 to Jan. 3 Dee. 23 to Jau. 2 2 3 3;I)cc. 21 S .1 l)<c. l.S to Dim'. 20 to stocks r • i , . 84^04 W. hti Vrn a tranxfeiH at 4 day or taa^ imtttirtlam bualD>iM wem abnat 4 79M9 en ntf-rilng, 4B3>iO«M for . ;.jp. falrty artlva btwi- juii'.' 3 s Dee. 21 to Jan 3 Dec. 21 to Jan. 3 Dee. 24 to Jan. 3 Dec. 23 to Jau. 3'a 5 Jan. 3 4 Jan. Jan. Jan. 3 npe. 1^ 31-j "a 4 2 2 3 3 3 in til'- ii/om r;m wcr" "lit ri'ii, ami liiia the bonds will hereafter come in Hlowlr. The closliw prices at the New Vork liaui hara bam iHlcrai Dte. ftriodt. 17 6«, ninllnnedatS^.. Ss, continued at J. 3>ii.. I «Nt. I A Ore. Ow. 10 20. •10<n« •100*1 I02T» •102'« .-Fnb. .-Mar •lU", •114i« Dte. 21. Q 3 3 ISJSl-.'i P. HI. — m toOtnm Dt*. 23. \Oti%,'\ntt\ •HKll, J. ..... .,„._,.^ .,...., IU>- 1U% -1M4 •INr 1801 1», 1907 W, 1907 ooup. V roK. (, .-Mar. .-Jan. •ir.i. coup. <. .-Jnn. 6», our'cy, J», ciir'cy, ri«,onr'c.v, 1805. .rcK. ••n.onr'c.v. 1809. A A A A A .r. lS90..reK. 1807..reK. •'p.onr'cy, I808..rcK. J. J. J. .ree. J. J. J. J. J. UT"* •IIT^'. 1183^ ll'iU •127 M'.'7 Il«•I 'IW 123 JO •130 •I2fl 'ISI •129 •120 •130 J •131 •I Itm. 23. •100% ,ri\ 4% '*H I7H .Sli .'.» -J.l •127 •124 i^S •1*7 •119 .,..., •121» -•! t '\H 'fJO ' • •127 •12-« — .Tun fo .Ian- trt 3 I)i>P. 21 3 Dec. 28 lo Jan. DKCE^IIBER 33. inbracad hermi to iM'iicato tJMt 4J»«.1801 8 Doo."22'w On •««. ^Vi 4>«ii, and bonds. break of importance occurred on Friday la.st, 16th inst., in Denver & Rio Grande stock, and it has since been reported that Mr. Jay Gould made a raid against the stock for the pnqxjso of buying it. However this may be, it is certain that the rumor of difHcnlty in regard to the payments of the subBcriptions to the Mexican National Construction Company (Palmer & Sullivan road) was used to depress the Rio Grande stock. This company is building from Laredo on the Rio Grande to Mexico City, under a concession from the Mexican Government; and almost cotemporaneously with these reports of diflicnlty in collecting the subscriptions to their stock, appeared the circular of Mr. Gould, as President of the Missouri Pacific Railway, calling for subscriptions to the stock of the new con.struction company to build " The Mexican Oriental Interoceanio & International Railroad," to cover the same main route as the Palmer-Sulliran road from Laredo to Mexico City. It is worthy of notice that this little shaking up which has taken place in the stock market began with these reports of backwardue.ss on the part of subscribers to a construction company in coming forward with their money. The consequences suggested by this action, or non-action, may have a more genet al bearing on the financial situation than at first appears. The construction companies now occupy a most prominent place on the financial horizon, and many of them have been profitable beyond all ordinary limits. It is plain, however, that before the enterprises undertaken can reach a point where they make earnings, the support to their liecurities must come entirely from the confidence of holders in their ultimate success. It is necessarily a case where faith precedes works, and if faith at any time should become weak and a number of holders, however foolishly, begin to doubt the wisdom of their subscriptions and "lie down" on them, as the Wall Street saying is, it ia impossible to say how much harm they might do. The money market has again been stringent for stock-borrowers, while the supply offering on government bonds has been larger than before, and some of the dealers have actually taken money in large blocks at 3@3}6 per cent. On ordinary stock collaterals the rate for money has osnally been C®ti per cent, with commissions frequently paid of 1-16 of 1 per cent; but today 6 was the highest rate. Prime commercial paper is quoted at 6@D>6 per cent. The Hank of England on Thursday showed a loss for the week of £41,500 in specie, and the percentage of reserve to liabilities was 38^, against 3d% last weeek. The discount rate remains at The Rank of France during the week gained 6 per cent. 4,300,000 francs in gold and loet 700,000 francs in silver. The last statement of the New York City Clearing-Honse banks, is-sued Dee. 17, showed a decrease of J690,775 in the deficiency below the legal limit., the whole deficiency being $271,200, against $961.97!) the previous week. The following table shows the changes from the previous week and a comparison with the two precMing yean first t ..; HomU — Tfi.T.' 2 2 1» Jan. Jau. Jan. Jan. 3 'a 2 The Money Miirkct nnd Fiiciticial SItnntion. There ba.s beeo more excitement thi.s week at the Stock Exchange than in any previous week for some months pa-st. The decliutj in prices has) been considerable, but at no time has there been anythin<^ like a panic in etock.s, and the aapport given to the market in these periods of weakness confirms the opinion we have so frequently expressed, that a large majority of the heaviest operators are greatly interested in preventing any such decline in prices a.s would break public confidence and put a check on the distribunew I'nUetl Stales I ' The I Exchange. and leading tli i, bill* To-darthen 4 80 for prime demand, with cable "•;" Marine Nmlonnl Marki t .Salimial tion of S nn'lna. '.'."» Kniiki. Bank bul.l. S State and Knilrond nond.s. The hnslneiit ;j inds haa been compiratively limited as the transactions in the 8to<;k market have absorbed much attention. The Tennessee bond case ia to come up for hearing at Nashville on January 17. Railroad br)nds have generally been easier, particatarly tha lower cla.ss bonds of those companies wh'.se stocks have weakened in the recent flurry. If the market doeii not speedilj r<>cover, it may offer buyers for cash a good opportunity to purchase bonds for investment. * Railroad and Hisrcllflneoas Stocks.— Tbe stock market has been pretty thoroughly shaken up, and a considerable amoant of stock held on slender margins has been thrown overboard. A reference to the Denver & Rio Grande is made above, bat th« precise nature of the contest between Mr. Gould and the Rio Grande parties, and the Palmer-Sullivan syndicate*, is not yet known. Next to Rio Grande the Wabash sto<;kH have been for some time among the weakest of the list, and the Iwlief is prettr general that the company's heavy liabilities for road.^ puroliaiM and leased are pressing on it rather severely. Whether Mr. Gould has been a large seller, does not appear, but it is strongly suspected that he has been within the pa.it few months, "nia annual statements of the Vanderbilt roads were published to: day, and the loss of net earnings, owing to the disastrous effects of the war in rates, is unexpectedly heavy. With each decline of 2(93 per c»nt, the market has generally met with a strong support from large buyers, and at the close there was a sharj) rally in prices. The following is a statement of the operations of the New York Central & Hudson River Railroad Company for the fiscal year ending Sept. 30 : 1879-SO. 1.080-81. Gross caniingB— *0,(!ll,15a F'roui naesungers 90,958,038 From frclKlit From luUocllancous Total earnings Eipeuacs Net earnings lutereat.rcntaU and taxes Profit Dividend I (8 per cent) Surplus pmhore 22,19!»."«5 4,3(i4,7H7 :i(>,736,74» 933.17.\913 «3?,348.39« 4,e53,lMM 17,84i»,i04 10,««>4,78« flS,.T«ti,018 4,73(1,799 $l2,8iW,»10 4.900,763 $10,649,210 7,141,512 $7,802,897 7.138,343 $3.427, 708 »754,48S $rr8'a 8S 63-80 17 Expcnseaper cent Included in the operating expenses for this year are 9,014 tons of steel rails, 41 locomotives, 45 passenger ears and 478 freight cars. Analysis of traffic earnings and expenses Profit , 1679-80. 1880-SJ. Earnings per ton mile on Expenses p«r ton niUo on frelitlit '87 •7$ frelKliC '!>4 •M •n ,-33 l-9» ...^... l'2s Profit. EariiluK* per paaMnger mllo on paMcngen Expenses per passenger tulle on paisengeri i-s« i-n -73 ProM ,-Lake Short d HUh. Ko.-. . •«4 MUkigan CtKtraL — Percentage (O'J-80) <55'56) (75 58) 1880. $9,0et(.74» 0,738,751 («3 1«) Netoartilngs $6,084,000 2,710,000 $8.331 .3.-W 2,750,374 $2,184,000 $3,S4«,9M 1,6!<3,000 1,S8«,410 $3,974,000 8,957,320 $491,000 $1,760,58$ $S,n80.9S2 3,057,320 (S>a> 468,455 (8>I,4a0,OS$ 1881. OioM earnings... Expenses lut oad rontsla. Balance Dividends Burpln* $17,970,000 ll,28«.00O $16,680 1880. $18,749,401 10,418,105 $l.e-J3,662 Canada Sonthem show* for 1881 net against 91.314,724 in 1880. 1881. $8,936,000 0,752.000 $33.54S reeeipts of tSeLSS* ^07,UC. . — . H , THE CHRONKJLE. 710 RANGE IN FRIGES AT THE [Vol. STOCK EXOHANQE FOR THE WEBIi, AND SINCE JAN. N. Y. DAILY HIGHEST AND LOWEST PRICES. 8T0CES. Monday, Saturday Deo. 17. Dec Wednesday, Thursday, Tuesday. Dec. 21. Dec- 20- 19. RATI.KOADS. Albany & 8uanuetianua Boston & N. \. Alr-Llno Do Do Chicago 2d pref A Alton Do i)ref Chicago Burlington Chicago Milwaukee Do Chicago A Quincy.. A St. Panl. •811q... SB's 69^ 38 38 la 93-Ib SB's 9418 91 •2612 Do pref... Do pref. A Clev Cleveland Col. t:in. A Ind Cleveland A I'ittMhurg guar A Columbia Greenville, i)ref Coluiubnti chic. A lud. central. A Noiwalk Delaware Lackawanna Denver A Itio tJraude Danbury A Houston A West. •2614 371a 271-i 37 Hi 3712 134" 134 37 "-J 38 101=8 102\ A Ga St. Joseph 16 25 9334 112 pref A 16 '8 20 14 12ti la 66 pref-- A Do Harlem 90 12 92=8 90=2 93 12714 7512 133 134 1.33 83 12 84 •8212 37 12 37 361a 101=8 102 101 56 56 56 89 92 88=4 1341a 13812 134 Si 86 86 19=4 20 20 126 68 133-ii, 84 37 la 101=, 56 90 136 36=4 •27 14 83 67 '80 14 52 12 90=8 91 19 27 la 37=4 27=4 130 130 1J7 103^101=8 110'h120 "766 641a 67 20=8 136 •SO 50=4 19 19=4 88 88 'a 25 12 25 34 35 35 2Si2 27 26 I3II4 I3II4 129 140 140 133 12 13612 134=4 102 12 IO4I2 102 14 II9I2I2O 123 14 124=8 123 138 138 136 132131331a 132 S) 80 Sl'-a 81 12 88=8 89=8 82 62 14 90=8 91 14 26I4 91 'b 1.59.610 90 Si 25 'b 33 96'940 1,200 2.654 1,108 26 S; 129 S: 133=4 104 123i2l24=< 124=8 139 Si 13912 136'f 133 133 1331* •82 841-7 81 36 1» 33 18 Sols S3Vi 36 35 99=4 101 14 100=9 101=8 lOOSilOlSi 53 54 55 54 Si 54^ 60 86 14 8719 88=8 89 87 'b 89 134 ... 136 137 135 136 19=4 63=8 7II4 70=< 89 's •26 14 20 12ti 1,12714 127 87=4 641a 20 '8 20 20 H. 20 Si 20 125=4 120', 125 's 127=s I2514 127=6 67=4 70% 70=8 67 69 68 l.^i-j 25% 98 1163j 14»4 241a 963] 14'6 15 Hi 14=8 14=4 23=4 21 24=9 24=8 96 '8 «6i-. 96=9 90 Ki II314 114^8 113=4 113=4 15>8 24', 97\ 1141211514 Texas Central Illinois Central Indiana Bloonrn A 88 West., new. Keokuk A Des Moines Do Lake Erie & Western Lake Sliore Long Island 1311^1321-! 4915 50 13112 132 88 130=4 131=4 48 's 49- 49 1? 49 --8 13 14 14 14 23 -i 2414 23 21 96 90\ 95 Sj Cij 112S)114Si llO-alllSi 129=4 130=., 129 14 130 S; 129 43 43 48 471a 4812 129=8 Si 43 pref 42 42 . 42 119-\ 12012 119:4 A Missouri Biver Do pref Louisville A Nash villa Louisville New Albany A Cliic. 34 36 Si 118=4 116'8ll7Si 49 4013 40iv 42 42 37 118 1412012 117'8ll9 116 53 53 49 42K V-.O la 40 Louisiana Manhattan Manhattan Beacli Co A Cincinnati, 1st pref. Do 2d pref. Memphis A Charleston 105i4l07\ ]"4"8 7713 7710 53 64 14 29 106=6 102 76 77 78 53 la 53=, 28 28 Marietta Metropolitan Klevaled Michigan Central Milwaukee L. .SIi. A West., pref Miuueapolis A tit. Louis Do 76 91 77 91 883, 48=4 9138 48=4 30=2 pref... Missouri Kan.Has A Texas 38 >a Missouri Pacilic 104 Mobile A Ohio Kssex Morris A 12212 Nashville Chattanooga A St. L. 87 New York (Jeniral A Hudson .. 135 12 New York Klevated 107 New York Lake Krie A West.. 44 Do pref. New York Now Haven A Hart. New York Ontario A Western .. Noirfolk A Western Do pref pref Ohio Central Ohio A Mississippi Do 12212 88 136 108 41 12 90^4 01 14 29 30 14 Oregon A Trans-Continental ... Panama, Trust Co. certilieates. Peoria Decatui A Evausville... 24 25=4 791a 82 38 38 la Philadelplu.i A Ueading Pittsburg l''t. Wayne A Chic Rensselaer A .Saratoga 67=4 68=8 13S 137 Kicli.A Allewli.. slock trust ctfs. 42 160 158 Richmond A Ijanville A West Point. Rocliester A Pittsburg.. Riclimond Rome Watertown A Ogdeusb'g St. Louis Alton Do A St. Louis Do Do St. PatU .(; A TeiTe Haute. pref. tean Francisco. nref. Istpret. 64=4 57 28 16 28 16 26 26 71a 79 "''i" 72 'ii'h 91 89=8 9; 81)14 91 87=8 8912 881, 87 47 12 4814 481a 48 48 29I2 sola 69 69 39 12 38=4 S0»4 33 37 »i 104 14 105=8 rl02i2l05"2 10 Ha 361-j 33 12 33 12 31'8 36 I2II2I2II2 121 83 ~i 86 ij 86 87 83 135 135=4 131=8 135=8 133 •107 108 107 107 107 43 14 43=4 4! '8 4214 43 12 91=8 91=8 90=, 9II4 90 >8 170 170 "170 ... 2712 28=4 27 27 291a S'0=4 '•! '.. pref 58 68 la 33 77 3812 70 23=9 26 36 14 37=4 411a 411a 60 12 63 12 38 39 79 » 24 Hi 331a 2.1 =(. 36:-4 107 107 *24 25 77 12 v9 21 78 24 80 37=4 67=8 38-, 68 133 12 137 4II2 44 164 101 160 157 2612 26 la 261a 27 27 23 47 671a 37=4 7712 36=4 63=4 135 3S 68 137 84 14 89 86 88 461a 47 30 69 361b 38 83=4 88 Si 48 ' > 381* 102 36 10019 IO2I4 1221a 121 ".J 85 's 45 77 54 1( 23 73 83 87 Si 46 35I8 381a 100 33 102 35 123 83 14 86 82 Sj 84 132'b 134=6 133i» 134=4 107 108 108 40=4 41''( 43 '4d=i "42';, 89I4 90=8 90=4 89 90 '170 173 27'. 26=4 27Si 2714 27=4 86 131=4 167 15912 158 26=4 26 25 47 21 77 14 5« 35l« 58 14 37=, 78 23 Si 36 72 3714 77=6 231s 2218 Pacilic Mail Pullman Palace Car Sntro Tunnel West. Union Tel., ex-certlficalies EXPRE8.S. American , United States Wells. Fargo A Co 66Sl Colorado Coal A Iron Consolidation Coal 107 46 162 4II9 42 6OI3 60=8 401a 41 1691, 161 38 160 169 26 166 162 26 5512 8314 33=, 21=4 56=4 S3 Is 73=, , 42 12 60^ 601a 80 90 1 85 143 OS 85=8 143 95 138 45 4612 161a 2 2112 35 .... 59 la 59 12 201a 20 ...... •6 •la '.'.'.'".'. 31a li* 1 *15 211a *33ia '13 Dea<hvood Miuing Excelsior Mining NewCentr.Tl Coiil....-Robinson Mining 550 Jan. 5 Dec. 7 Apr. 7 Feb. 26 Feb. 24 Dec. 23 Jan. 18 Feb. B 8212 Jan. 4 80 Si Feb. 25 20=4 Jan. 19 32=4 Jan. 12 23 Jan. 25 127 Aug. 20 ~" 140 Mar 134=4 Dec. 23 101 Si Feb. 2r 116=4 Oct. 12 117 Feb. 23 131 Is Feb. 211 1'29 Feb. 20 40 Jan. 33 S) Dec. 23 91 Feb. 2.". I 800 41i3feb. 1 81 I'-eb. 23 127i4Jan. 29 700 86 Dec. 19 8,345 18=4 Aug. 20 60 May 12 117,500 107 Jan. 4 443,231 66 Dec. 17 7612 Apr. s 17,510 13 Si>pt.2'J 6.600 23 Dec. 23 2.900 44=4 Jan. 9,300 94 Feb. 2(; 197 Jan. 8 300 63 Feb. 2U 9,550 124 Jan. 4 4,500 38 Si Ang.lH 14 Jan. 10 41 Jan. 4 2,200 34 Dec. 23 199,311 115'8Dec. 23 200 44 June 4 1012 Jan. 26 42 June 2'..' 112,830 79 Feb. 2, 500 50 Oct. 27 9,320 15i4Aug. 9 800 18 Oct. 10 1,969 9 Jan. 4 500 6 Jan. 7 21,886 41 Feb. l.K 4,910 77=4 Sept. 5 93.020 85 '9 Dec. 23 1,400 42 Mar. 22 23 Nov. ir, 62S! Dec. 15 69,096 35i8Dec. 23 32,775 85 J an. 18i4reb. 26 2,606 1,470 118 Feb. 25 32,100 63 Jan. 6 80,210 132 'e Dec. 22 870 96 Aug.'/" 210.830 40=4 Dec. 22 3,442 80SiJnly 27 I64I4 Mar. '2," 31,276 20=4 Deo. 23 " 40 41=4 34 63=8 34 =t 66 14 6,700 34,200 40 37 168 Sj 166 160 154 25 1« '22 38=4 160=4 154 23 la 16,225 12,375 6,110 71 85 145 •93 77 135 451a «15 • 1=4 •20 *33 »13i2 5912 19 35 86 39 57 103 127 40 Si 42 120 122 1 3=8 ii» 85 >s 182=4 851a 81 46=^ 106 106 Si 45 Si 45 Si 148Sil61'4 140i4l45Si 4II4 42=4 39 40 Si 122 l'22Sl 124 126 m 1 4414 46 19=4 '18 II2 91Sa II2 1»» 40 I8I2 •33 13I2 59 •19 181a 34 131a 69iv 19 "a 3=9 •a IS. 12Si •33 13 13 69 14 •18=4 34 20 16 18S! 12Si 681^ 1=4 1=J >a lij 6i» "a 18 9>l 143 90 73Sl 133 39S! 145 92 731 138 ISi •15 4H4 'ISl 1=8 4 17=4 19 20S> •34 85 35 12i8 12 13 58 Si 58 Si 18 18 19Sl a'a lia 6Si 314 l-a •5 lia 2<^ 1,950 2,250 295 200 400 2,290 106.088 1,800 6,134 802 2,898 48,985 2,390 3,100 162,853 20 21. Dec. 23 8 33 97=4 Jan. 18 Oct. 64 Dec. 23 190 Oct. 17 27i4Jan. 4 50 Feb. 25 127 Jan. 19 130 Jan. 35 Oct. 10 99SiOct. 20 122 Nov. 28 22 Dec. 23 24SjDec. 22 39 Feb. 28 88 July 19 89 Mar. 24 55 Dec. 23 90 Feb. 25 26 Feb. 9 '0 Mar. 8 88 Si Jan. 7 Jan. Dec. Feb. Deo. Dec. 31 Dec. 89=9 Jan. 30 Jan. 135 Jan. 39 Dec. 1'20 Dec. 1 Feb. 77 Apr. Lowest price 5 19 1 >ec. 20 =4 •..00 12 53 IS 25 4,150 1 700 700 82.-. 14,700 Is ez-divideud. 801, Jan. 14 40SiJune'2fl 43 May 23 112 Feb. 17 102 's June IS 40 81% 14 29 37 90 14 33 '9 48I4 SB's 156 133 182 I2 May May May 14 14 11 Jan. 5 Jan. 7 Jan. 17 129i4Juue 6 Doc. 23 Jan. Deo. 23 Apr. Nov. 22 6iaSepll7 Is Nov. 9 Dec. 22 2 Dec. 23 2=8 Dec. 9 18 28 25 45 83 15 22 17 99 Si 117 113 66 Si 09 110 May 26 130 Jan. 19 871s 147S;Jau. 1 104 148=8 May 21 iOOSi 88 May 23 22 51 Jan. 22 109 Si Jan. 24 08 14 June 22 101=4 Mav 23 61 142 MaV 10 106' 95 Is Dec. 15 32 '8 .May 20 "912 ''7 MaV 24 50 181 Mar. 68 Si II314 June 61 Si 88 June 14 60 21 Aug. 4 33 A ug. 6 330 Scpt.lti 22 't 121 Sept. 17 83 Si 250 Way 23 168 106 JnnelH 49=1 148 Si May 21 99 12 57 Si Mav 19 30 14 June 2 56 Jan. 27 25 65=4 June 2 133=4 Jan. 20 63 J line 30 38 48 I1012 117Sj 59 Si 39=6 24 15 93 126 54 25=4 36I4 2714 159SJ 160 183S» 114=4 12119 l:<0 116 Sj 201 48 96 '-a 129 Sj 2.51; 53 IIOI4 88 Si 83 50'. 106 200 01 "a 127% 201a 43Si 42=4 95 20 139% 30 109 24 June 23 May 18 Junell Nov. 1 21 May 26 30 M.iy 2 May 21 Juno 13 Feb. 14 I26S1 Jan. 20 64 'e June 2 30 12 Nov. 29 VO'^s 201. 97 Sj Feb. 21 3=4 2Sl 2919 83 671s 50 18 12% 43 121 13018 Nov.30 May 21 28% 49 <4 114SjJunel4 29I4 39=4 June23 12 123 131 June 3 100 102 Mar. 21 47 Si 128 153 Jan. 3 1'22 165^ 130 Si Feb. 15 109 127 14 52'9Jan. 13 30 61 >« 96 Si Nov. '29 47 931s 190 June 13 155 180 43 Si Feb. 2 20 32% Nov. 14 28Sl 70 May 26 61 Mar. 17 20 86 88 Is June 21 39% 67 « 281* 87 'b Mav 21 14 60 Sept. 9 23 441a 128 May 21 57=4 102 37i2JnnelO 83 200 Dec. 16 Oct. 13 57 14 June 22 18 2Sii 74=4 Oct. 4 13 Si 72% 129 142 May 17 112 148 Junell) 111 129 80 J line 23 169i4Dec. 20 102 Dec. 20 50 J line 18 ,50 Si June 3 77SiMav 12 143=4 May 23 55 Junell 81 14 June 3 115i2June29 42 la 89 Si May Mav 4 25 10', 85 42 16 42 Si 112 25 14 48 33 65 60 100 40 23 7914 50 88 67 30 47% 80 113=4 26 Si 48 5II4 88% 74i4Fob. 12 50 81 II5I4 Mar. 7 60 92% 49 Aug. 2 25 30 190 Feb. 21 102 147 62i4Fob. 18 27 Si 62 151 Ian. 3 107 Si 14S 4i« 2 Si Apr. 131 Sj 94 June 201. Oct. 18 IO6S1 122 66=4 64 Nov. IB Nov. 28 21 14 July 75i2July 27 42 June 18 100 38S!JunelO 1 12 3 61^ 50 32S!Nov. 23 Oct. 15 Dec. 7 120 26 Jan. 17=4 Dec. 23 Jan. 14 1,247 May 90 90 67 June 7 43 Jan. 15 29i4Jan. 4 8i4Feb. 7 9 Apr. 22 35 May 27 35 "800 Dec. 14 100 Oct. 13 71Si July 13 37" 60 Nov. 14 30 6 153 6 98 80 1,000 133 4 79 4 142 200 1 12 Fell. t 4 15 3 23 21 1. Low. Hlg* 23 38 May 13 23 131=4 July 2 22 60 JiineSO 23 96i4May 18 21 . For Full. Year 1880 1881. 113=4 Nov. 12 4 73=9 J line 14 6,323 * Theae are the-- rices bid and asked-no sale was made »t the Board. July 14 Aug. 26 32=4 Jan. 13 64i9Jaii. 23 21 Dec. 21 353 120 Jan. 48S 62=8 Jan. 310 61 Si Jan. 36 112 Jan. 100 •17 2 53 41 Si 330 15 57.209 105 Si 74,550 33 14 173,686 69=4 6 1 2i 200 300 16 81 V' 8=4 7712 79Sj 40 ' 33 *1=4 '6 44=8 '35 *16 1»» 91S: 75 135 75 134 42 Si 45 40 82 145 145 17 4 1 77=4 82'( •3S 16 2 4 22 33 liia 59I2 49 '< 15 10616 107 I43I2I43I2 144 144 92 92 91 91 •77 78 76=4 76=4 '133 138 135 135 145 94 78 137 la .2b'' 314 42I4 48 15 117Si 115'8ll7V 116=8ll7l8 33 14 85 14 37 12 35 Sj 36 'b 73=4 70% 73=8 69=4 71 '9 160 lig V 8I2 111 60=4 49 31 33 IO6I4 106=4 50 151 155 ' IIII4 51 900 15 24Sl 88 40 111 13,910 10,620 201,861 13.883 6,910 60 2,800 8,987 1, Highest. 5,410 23 67 86 39 67h 57=9 65 103 106 103 88 40 57 S> 60 105 103 37 1071a 106 'e 107=8 1061a 1071, 47 12 '47 47 12 47 47 "1=4 , 2, ,503 11.210 19,233 23 64 47 42 14 162 158 42=9 43 'e 4012 42I2 41 127 127 126 127 127 134 Homestake Mining Little Pittsburg Mining Mariposa Land A Mining. Maryland Coal.... Ontario Sliver Mining Quicksilver Miuing Do pref .^ Standard Consol. Mining Cameron Coal .„ Central Arizona Mining 626 39,360 310 23 35 Si 34 S> 37 66 67 Is 2412 47 35 *77^ 781a ANU MINING. 660 7,814 153,942 33 35 14 36 Sj 104 104 36--9 36 66 67 XI34I4 133 4212 43 43 105 . 'I'l • 9011 23 70 MISCEI.I-ANEOIIsf Stormont Mining 23 IOII4 74 14 7414 American District Tolegi-aph Delaware A Hudson Canal New York A xaa Land Oregon Railway A Nav. Co SllverClill .Mining 74 62=4 71 5712 . ^ COAL, 90 72Si 73I4 56 37 76 21 35 Sj Paul Miimeap. A Manitoba IHI2II2 111 1111, 111 Texas A Paciiii 50 51=4 50=4 32=4 4»=8 SOHi 62=8 Toledo Delphos A Burlington .. 17 17 lO-a 17 Union Pacilic ,.. 117 1181a Il7i»118i2 117=4 118=4 116 Wabash St. l.ouis APaclllc 4014 88 33=4 351a 37 '8 361a 3812 Do pref 7812 81 71 '8 76 14 76 78 71=8 St. Adams 56 23 16 65 25 16 73 14 ' Uuluth Do 102=4 100 K, ' pref Oliio Soutlif'rn 9919103 67 Lowest. •23 Si 57 60 38=8 391, 78=8 80=6 25=9 26I2 37=4 ^814 Northern Pacific Do 69 39 106i« 7 75 106 'f 76 63=8 Range Since Jan. 120 25 45 300 37 7 69 21,023 60=4 700 16 300 31 201) 66 (Sioux City East Tennessee Va. Do •80 661s 201a 82 66 's 20 27 12 37 'e 28 14 2812 28I2 28 I3II2I3II2 I3112I3212 140 13di2l37i2 136=4 138^. 136^137 104 105=8 1041a 1053, 104i4l03»s 27 27 38 "4 39 29 29 132 132 Cincinnati S.indusky Haimibal 63 123 "8 124 H 1231a 124^ 123'e 124=4 Northwestern Chicago Hock Isl. A Pacitic Chicago St. L. A New Orleans.. Chicago St. Paul Minn. A Oni.. Dubutiiic *80 ... 66I2 68 12 21 21 37 37 90^8 92 'i 9214 93iii 67 pref. & Deo. 22. Sales of the Week, Shares. Friday. Dec. '23. 126-a 1201a 6614 pref... Buffalo Pittsbnrg A Western.-. Burlingtou Cedar Rapids A No. Canada Son tliern Cedar Falls A Minnesota Central Iowa Central of New Jersey Central Puuilic Chesapeake & Ohio Istpref Do YXTm 7 7 Feb. 17 45=4 May 26 7 Feb. 14 14 Jan. 3 7 Jan. 8 3.".i4 Feb. n IJ'sOet. 29 Apr. 13 7 4 \pr. 13 irSi 28 26 1'- 2Sl 16 30 9 45 20 66 118 421a 39>4 39 301s 4% 27 39% 24% 78Sj 34 .. .. . Dboimium M. — . — 1 . . .. .. . . THE OHRONICLV; 1881. 7.1 QUOTATIONS OP STATE AND RAILROAD BONDS AND M1SCELLAK10U8 MTATI BONDM. BECCKITIEH. BECCRITII Bid. BM. •XC'URITIM. Alftbnma— aiuw A, S 19M... to S, 81 OtiUin A, 2 ton. KMIlUI... C'lUHH 11, A«, llHMl <!»»< I'. i«. UHii; «M, 111 •-'lln, 11HH) ArkiiiiniiH ea, tiiiiili'il, 18()1> 1000 7ii, I.. HcM'k .t Kl. H. Iiiii l:<i<'k 7«. M. o. 1 M A 7«. It 11 Kit. : T. I I ii( UK. en, Do 118 08 63 1914.... 68^ e«, Viw knwlii, Cliatlmni 107 8|H'ri«l t«i, rlaaa _ A.*0 Do "WH lilt tx I , 'OH cluaV IM 108 108 iin 118 I) .. oUtwiS... 1010 roflaol. 4a, 8in»ll Ohlo1H80 Oa. no lou,1803 J.Ajr., 1144 IITS lUH •! 6«, (toll), nic., isa7... «•, nild, cotin., 18H7 6ii, Tiwn, IHh!) 6a, loan, IHDl 0«, loau, IHUa LoiilHliuiu— t'KUSol., do .1 lll>l A New York— »% ^ J off, Mn. oir, A IM no'i in or 1R90 . 7t,uiukU KA.AO •MIBl 100 <t IHHS lIllI' i'7 118 K"lil. IHIH) 7li. IRM Aayl'iii ur i: iilv., i1u« FuillllllK. IHIKl.'tlS... Uaunlbitl .St. Jo., ! Ul^l i8«a 7i.. iiiiiiiiMiHi, i1n« 6«,iliii< ISM!) IMHa 7». lii'W. 7li. 611, 87 >, li . 6«,aM, A.*0 Ho. (^arallM RR., J 8«,<tn«IRmarl88S. 10.1 IIM1.J K«;t-.i 1 Oooi'Klu -Uk. IHSU MlMoari- 6«,ituo IRS7 UK 7ii. I 7ii, lOi 190 "JHST:::::::::::;: 88 20 sa 30 30 VttiHa^~at,oU,i.AJ. «. 83 "fiou Kl 111 fflBOORlTIia RlKMlv laliknd— 6*, couiwu, 1808-09 180 . RAILROAD BONDM AND MIHCBLLANROtJM BBCURITISB. (Raili-oiid A l>«uv.»o.P.AH«.-Ial,7a 103/ 103"^ UhloA Ml88.-4.'OIMOl. s. t. K.T.Va-AUa.- latcous-fta Conaolldatetl 7a, 1898. Krlo— 3d i'on8oliilat<«l, 7s.l011 1 at mort., extended .^^ 126 lat III., Hprtngdi.ld Dlv.. '2d mart., vxt'd fta, 1910 107 Ohio ent.-lat, 08. IU'20 Sd mart., 7a, 1883 105 1st m., rer'l Tr, lis, 10-20 4th moru. Bxt'd, .'Sa, Win lat Min'l I)IT.-Oa, lO'H 6th mort..ext., 7a. 1888 Ohio ."o, - 1 St M.llv t:i-.'l lat,con8ol.,eold.78.10'2(i OrpgonA* Bonds. n.». I'ricrr.) r«t.6«, litis l-,w4i.j.l!l-,J0 At, Alli- ,i: l'ii.-,--lm.(i8, 1910 Balt.dLO,— iHt, llH, I'lk.ltr, Boat. 11, * K.— iHt iiioi-t.. Blir.tVd. R.* No.-l»t.5.- Mlnn.V Mt. l..-lHt,7».(tll Io»;i C.A Wl-Kt.- Ist." 101 114 68 83 1» H» 100 ,'1',!0 I..oiig 106 114 Et. 102 82 M • 23 103'ji Iowa i>iv.— s.F.,r)H,inin Iowa Div.— .H.F..4a.l»I!l i'n in. ,'00 6s, Dotik & Im.— Aaa'd. lUh M. <tSt. P.— lat.Sa.P.n. 13'J 3dm..7 310. V. I).. ISOSl 119 l8tm.,7». $R.,R.D.,1»0'.' Ist m., L«e. IMv„ 1893. latm., I. A M., 1807... U20 Istm., latm., ;i',!o I. (,'. A D., IKHO ... A M.. 1903... Burr. Bntr. 101 35 C. tl'JS i23' 107 117 i:o 98 97 Cti.A A I),, 7>i. 1010 I'ac. lllv..«a, lillO 90 93 lat flilc.A P.\V..5s.l»'Jl Min'l an. lino Tt. 1H8.", I't. l)lv.. O.A N.weal.— .s,t, I Ponaacala ' St- 1st mort., 7h. inH.', 7.'., Ki>ld. BeK.,K(>lil. 7a. I Ua, IU'29. Blnklii); rund, r^g I'-'S'b - Chlranoik Mll.-lstm.. AVinimrt it St. P.— lat m. 2d Miort,,78, 1007 C. C. t'.A lud'a— l8t.78,a. t CouHul. mort., 7h, 1014.. St.I...tN.O..-Ten.li«n,7a lat ni., con., 78, 1807 C. .St. P.ll.rt: 0,-L(in«.. Oa C.St. P.AM.-lBl.Ua. 1918 No. Wmi-.— Int. 111. IIWO, ib's'ig 100 102 104 1U2I 1105 «8. 101 1st mort., 88, 1882, ! 120 I 1-24 s. t.. 127 102'» . t 135 138 120 123 6a, anIiscrlnUon, 1888.. N. Y. O. l8tni.,cp, lat mort., reg., 1903 .. loe>.j 83 no 128 Nevada Cent.— 1st N. far. m., 6s. (i.I.gr.,l8tcon.68 I Danv.A KUnir.— lat.iyoOi 110 ij I. t Ill's 104 • I ; >ia, 10'21 ^t,6a.g..l0'2O ..i.m.,iTs.lii:il And aco.ued uilertMt % Tmst Co. certinoalM. 118>3 . 3d asaentwl, 6a, 1009.... Lehigh A W.B.Caal-1888 Lake E. AW.— Ino. 7s. '90 Sand'kr DiT.-Inc, 1930 Laf Bl. un.— I nc.'ts, '99 .Mil. L. s. A W.— Incomes. Mob. A O.— lat pref.deben. 2d pref. debentures 3d pref. debentures 4tli pref. debentores . AM N.Y.LakeE.AW.-Ino.6s N. Y. P. A O.-lst lncac.6-7 N.O. M.AToi.— Deb.acrlp Ohio Cent— Income, 1930 Min'l Div.-Inc. 78,1931 Ohio 8<>.-'2d Inc., 68.1931 Ogden8b.AI..C.— Inc.1930 Peoria D. A Kv.— Inoomea | Evaosv. DlT.-Inc,1030 Roch. Pltta.-Inc.,1031 St. T-oiils I. Ml. ,t ."io.- I'luill 111,'tiTiie OS. Sterling Mm. |.-,iro. K-rlne.,1ia yi\ "-i" r^ Mat ,.) lock <:. 130 .l>4 .so 90 ^i' 90 io(')" 104 S lllch.A All'g.— lst,78, 1920 RIch.ADanv.— cona.g.,Os. 103^1 Scioto Val.— lat, cons., 101^,1 7s. 3>« :oo 2d mart., 78, 1898 3d m.. gnar., 78, 1898. Plts-B'd.AB.— I8t,e8,191 1st. 50 Tex.AStL.— L.g.,lnc.l9'M St.l,.V.AT.H.-lst,g.,7s cortlflcatea... Pltt.-l8t.(!B.1021 ~ A Kansas A .Nob.— 1st mort 2d mart 101 104 Hi l.ong 1 aland— 1st mort.. 3d mort N.Y.AO'nw'd 117>9 2d mart . l..-lst,7s,ii 9% 104 108 85 110 116 103 10 118% 80 38 n 113 110 50 IS 89 130 ii" I'lH" 56 1* St Joseph A Pac— lat m. 110 91 108 13 109 >« 2d mort 30 SS St Jim. .t West'n-Slock. 11 111 14 Tex. A St U-lat 08,1910 107 109 85 86 S UUh Central— lal mart.. i'od' 108" 114 Utah Southern— let mort 109 lie Wta-Cent- lataenes, new 78 '.id mort., prof., 78, 1894. 1108 80 Sd series, new , 2d mort.. Income, 7a, '04 100 49 to BellerlUeAS.IIL-1 at m. tU5 Ht.P.MIuu.A Man.-lat.78 Ill's Soatlierii Securities QuulaUittu.) iltroktr't mort.. Oa. no5 3d 1009 Dakota Kit. -6a. lOIO.. i'de Va. 8Ute-Mew 10-408 .. 41V St P. A I>nl.-l8t..'is.l031 "oi' Atl. A «alf-Cooaol.78,'»7 1110 >i Tex.Con.— l8t,8.f..7a. 1909 nu6 AtL A Charlotl»-lst, 1». 107 00^ Tol. D«L A Bur.— Main. Oa » 8S laeome, 6s 80 81 lat, l>ayt DIr., 6a, 1910 Block 1st, Ter-l trust 6a, 1910 Car I entral-lst 68, 193S 96 87 •» —Conaol. IL, 7s. 116 \V. St. I-. A P.—Oen. m., Oa 140 i'a" 86 Hi Chic. IHt.-5s,19I0 loc c.AA Caaaol.7s 110 114 Hav. Dlv.-68,1910 101 >c •-•11 mort, 7a ToLP.AW.-lst, 78,1917 tll5% :i6>i 6SS Stock Iowa DIT.-68, 1931 9» <ll» <ia.-lsl,7s Va. A Tenn. Ind'polts IHt.-Ol 1921, K. ~ 1194 Ueorgla Hallroad— 7s Detroit UiT.-6a. -6a, 11931 tUO 111 6s Cairo DiT 68,1031. ... Mempli-Arhar.— Istcooa. 113 106 Wabaah-Mort 7s of '09 i'ir 113 1st consul., Tenn. lien.. 114 Tol. A W.— Istexk, <a lat. St. I- Dlv., 7a. 1839 105 <» 108 MIsa. Centnl-lst M., 7a. 101 108 8a mart. mort..ext., 109 Sd 2d 7s,'93 64 Kqulpm't lK>nds,78, *8.'t N. O. A Jaokaoa-lat. 8a. 113 114 11* Cactiaeate, 3d mart. 8a. 116 Conatd., couv., '?8,10O7 110 Nartheast,a.C.— latm.,aa 136 West. 78, 100 1:1 01. -Ist "SS. 118 3d mort. 8a '.'dmort.. 7a. 1893... 107 i«i 7s, 1800. lOS Sooth w. Ua. -Coot. Tsk -M 110 Q .V 110 -tttock '.78.1883 100 li S-Carobna RR.— lat ml. 7a 1108 .-l8t7a 40 44 N -Il.e.,7a Stock, aaaaasmoat paM. 110 7b, 1903, Bon.an)olaed .. 135 lstmort,7a 113 114 Otii.DIv. 70 Noa-mort bond* ClarlniU Rr.-«a, 1919 We«tem,N. C.-lat. 7« .. 104 lOT 101 8t Chaa. Br.-lst 6s.. : . N. Y. Blev'd— lat, '7s, 190U X.Y.P8.AO.-Pr.l'n,6*'95 ..i 03 ' ~ 128HI N.Y.0.AN.-Oen.,68,1010t. N.Y.ANewEnr.-l8t,7s. «120Hi latm., 68, lOWi ilOVs t'.'.'.'.'. 1 103^ 7a, rp.. l8tBlott.,7a,reK.,l!H)0 I IsLTft ti-2il IIIO Int A at North.—3d Ia« 1; 116 115 53*8 .1019 al>e«-..v.-^i.r I 117i'i Harlem— lat m.. ' E.T.V11 ImLBl..'. lud 91 1907 1981 n llWa AH.— 115 118 ISO 130 116 130 lat. Tr't Co. ctls., aas'il 2d. Tr'tCo. ptfs.. ass'il Co.ctf8..supnl. , StL-A.AT.II.-UlT. b'nds Tol.DeLA B.-Inr.6s.l010 Dayton Dir.-Os. 1910 140 135 1123 .V iS- Huds.K.-78,2d.s.f.,'M5 CanadaSo.- lat. Int.gu I'&f' erts ;nr.6a riu.-, UIH I Cons., ai»eute<l, 19046. 2dmort.,lncome,1011.. H. A Cent, Mo.-lst,'90. .MobUe A O.— New ro.. 6a. Morgan's La.ATe.x,lsl,68 Naafi.Clikt.AHt.L— lst,7s 2d. 6s, 1001 N. Y. Central-6s, 1883-. 68,1887 68, real estate, 1883 98 4 I'io lat, 78. 1909 100 conaol.. da 102 104 mortgage, 7a. 1906. 109 >i 110>a " Paoldc oOlo.— 108 ofMo.- lat, 68 Sd mort., 7s. 1891 1113 114ii St. L. A S.F.-2d, 68, cL A > 18 8-6s, class C, 1906 00 S-68, class B, 1906 90 1st, 6s, Pelrce C. A O. Equipment, 78, 1895.. IOO So. Paclflc OfMo. -Istm 107 Tex. A Pac.— l8t,68,I905 Consol., 6s, 1905 101 s Income A I'd gr., reg 7mi 73 l8t,HIO O.DiT.,68,1930 87 87 <s Pennsylvania RR— Pa- t'o's guar. 4 >as 1st c. 95 Pills. Ft. W.,tCh.-lstm 2d mort., 78, 1912 3d mort, 7s, 1912 Clsv.APlitsb.- Con8.,8.f 4th mart., 6a, 1802 ... Col. Ch.A l.C.-lal, cona 2d con.. 7b, 1909 . , .1907 :v9o . , 121 117 Jack. Lan.A 8— 6a, 1801 117!, 120 Mll.ANo.— l8t,4-5-6a,1010 «i"a 'J9:\i Mll.L.8.AW.-lBt68,1021 108 Mo. K. A T.— Cleu.,con., 6a 110 106 1000 >H .;t Arkan.sns Hi-.— Ist mort. Cairo A Fulton— Ist ra., Cairo Ark. A T.— Istm. 103»4 Oen.c.r'yA l.g..5s. 1 031 St.UAllon .t 'r-H.-lst m Coniion, 5a, 1931 Iteglatered, Sa, 1031 .. . I'M.. Sil St.LaulaA I. Mount.— lat ;:6 108 2d mort,, 7a. 1897 Equtpm'nt bonds, 8s,'d3 68.1^09 I '0.>, Truat Co. A cm.— lat, 78. ItllO.. AtUnta Mo. Pac.— Ist Rmdi.A . matatltlfmrnttL) fnr. Ba, I»I8. ITentrai 103 -I 117 i;3>i ii4' 134 .-. 124 113 |110>s 113 100 108 io3>> 104 100 100 -lat,68, 100.5 Rome W..tOg.— Con.. Dlv.. 68,1919. Mlch.Ceut.— Cuii..7a, 1902 I 126 A 8U8q.— lat m., 78 117 •06 2d mart., 78, 188.5 lat,cona., guar.78,1006 «125 Rena. A 8ar.— lat, coup. unci 1 lat mort., alerting Jletrop'llfn Kl.~l.Ht,1908 '2d mort.. Us. 18U9 I'-iO ti'08 Alb. *Filo«a nominal. 301 N.Y.AM.B'h-lat,7s,07 100 102l« 103 >ii' mort., 7a, 1801 xlll mort., elt.,7« 1891 I mort., coup., 7s, '04. 116 mort., reg., 7s, '94... 116 lat. I'a. l)lv..cn.,7»,1917 1st, connnl.. 7». 93 98S 0'20 Manhat.B'cliCo.-7a,18»9 j 102 lat iBt l8t lat rt-^.. 10*.^! « -08 100 . (ia. INCOME BONDS. (iHttrrtt 106 Hi Ala. Cent. Atl. A f Extrns'n, .07 m.AM.- Marietta , lat nuirt.. Lat. I Mort. 7a, 1007 Im' STr.Blmt.A N.V.-lat.7a 123 Morila A Kaacx— lat m 134 2d mort.. 1891 ....... Bomla. 78, 19(H) 7aot 1871-1901 120 lat m. conaol., KiiAr.,78 IU-K.,78. 1917 Atch.C. A P. Ist.6s,1919 r23'8, LouiBV.N.Alll.AC.-lat.Os 8UP.,I:S.c,-l»t, (i,.,l;il« ioo' Chlc.A K.IIl. -!»(.> I. iiir. Col.A «rcpn.-lst,il4,1010'J 2d, 08. lll'.'ll » Del. I- A \V.— 7a, cou*. '92 Del.AH.C— latin.^8,1884 v— DIT.— lat, Sandusky !1 JUH) 99 1920. Blnklnic fiiiid. Sa. 81uklnir rniid, rt'g lowii MitU'iiil— 1 »t n).. 88 Oalt'ua ,t I'liU'.- Kxtou. Penin.^ula Ist ni..<-imv. C 109 123 !)()•.".... 8iukinK lund, 1>. 1)1 spring VaL w'.w.-).t6« Ore(uul(H.A.Vav.-l8ta« 10*i||llS :'(» At.Jew.Co.AW.-l8t,6s Utah 80.— Oen., 78, 1900 109 « lldhs 131>a 100 I«ban'n-Kna.T.-0«,lH31 L. Krle A W.-lat. 68,1019 1 78, '85 lOO'i.. lat cons., 68, 1019... Cent. Br. U. Pac.- lat,6a 56 2d mort., 38, 1980 Naahv. A Dcc.-l»t, 7a. HO"* II8H1 S.A N.Ala .'i.f..«B,1010 llOSia l)onilM. T>.. 18H3 tlO'J),'. Conftol. Iiond.s. 7.-*. I'.U.i 132 Coupon 90 m '«» Registered. 11)21 K. H. A N.-l«t. 6a. 1019 Oen'l mart., tfa, lOliO. I Interiat £xtenaion boudH. Istm., 6s, 1896 Den. DlT.,6s,a8S'd,'90 i:8S ^ i 100 >i ,IH) 11.5 13*1, 1900, n>«.. X.W.Trlegrai.:. West. Pae.— Bontla, 6a 113 So. Pao. of Cal.-lat, da Union Paclflc— lat mort. Collateral trust, 68. Kaus. Pao.— lat,6s,'95 . A 125 91 W.8tL.AP.-<-oat<!inri1 No. MlaaoiM West U.Tel. grant bonds, 6a 124 Ill »124 Conaol., coup., lat, 78 ConsoL, reg., 1st, 7a. Consol., coup., 2d. 7s Consol.. reg., 2d, 78 Loalaville. NaahvUle— Conaol., 78. 1808 2d mort.. 7a. gold. 1883. Ceciliau Br'cTi-78, 1007 -N.O.AMob.-lat.«8.1'.)3<) 120 Ln.,t liav., lillo. II. A Aah.-la... A Erie-New Ma. A State Line- 7a. A W. PigeoL-lat ... ^,. ...^. ..... Land granU. 78, '87-9. Sinking funds, 8a, '93 Roglatered 8s, 1893 Det.M.AT.-l8t,78,190fl 121 latS. MliiM,I)lv.,ll»,I<ll(l latm., :io lis Lake Shore— DiT. bunds i)7 .'ia, Kal. 123 1'24 Conaol. 7a, 1905 tio-j Sd mort., 7a, 18H4 lat. 78, 1.A I). Ext.,1908 8. W. 1)1T.. 1st. (i». I'.tOO. »io7' lat, 100^ 117 Clevo. P. Jl.SOHi 1921 . Funded coupa., 7a, A Mlnn.-latm rnd.Bl.AW.-lat,pief.,7R lat mort, 3-4-5-6S, 1909 2d mort., 3 4 S-Oa, 1909. fndiansp.D ASpr.— lst,7a lnt.Aat.No.- lat, 68 gold Conpoii, 6a, 1909 Kent-ky Cen.-M..68.1911 Lake Shore A Mich. S Mich. So. A N.I. a.fd. 7a^ 107 Cleve.ATol.-i'lnk.Id.. 109 Newbonda. 7a, lh8B.. 108 106 107 l'.>03... Len.dtW B.— Cou.K'd.aa. N.. A Ced. F- 1', I,.Aiid llLCent.— pub..t s. C. lat Dnb. *S>C., 2dDiv., 7a 105 119 lat conaol., aaaentcd. '09 :i3 «1I3 Conv.. oaaented, 100'2 A Istmort-.Waro 127^1 Keo.A Dea M.— lat. g...^^ Am. S8S Ban Joaquin Branch. 108 (*al. A Oregon— lat m. lot Slate A III l>onda.7a,'84 113 109 Vl 114 2d, conaol., main line. 88 2d, Waco N., 8a. 1910 Clen. mort.. 68, 1921 87 127 "a O.B.I.ft P.-08,Boui>.,l»17 6a, 1917. reKlstem) 1 .. A Texaa Ceut.- lat mort., 1. gr.. 7a Ist mort.. West. Dlv., 7a 3d, guar. (lS8).7s.'08 Mlaa.R.I<r'Ko— li<t.8.(. i>s • .««, C. B.4Q.— Sp.c. l»tin.,H:i tl06<s Consol niort., 7», 11)03.. 131 6s, aiuklug luud, I'.iol.. Adlnatnieut, 7a. UHl, .•Ml Pac BKa.—O.Pac.— 0.,tia a Uouatun 119^ Kvana. lat, couaol., fd. cp..7a 2d, conaol., fd. cp., Ra T. H.— lat oona., Oa l-on.Hollilated «8. 101 115 ,,^ 119 m tiu 100 KI'tAP. Marq.-M.6a,ig21 Ual.Har.A8.Ant'o-l8t,6a 2d mart., 7s, 1904 <;nlf Col. A S. Fe-78. 1909 Han. A St. Jos.—8a. lonv 108 fd, ni9 Central of N.J. -lat Panama Peona lit bcm,\!*.7f«. 'o:i N.Y.UK.AW.-.NOW2.1.0 116 & A Doi'k BnfrN.Y..I:K.-l8t.lnii 'bo' 6«, gold, HPiit's A. 1<)08 81 6a,ito)d, Hcr. H, int. del 6a, oarrency, int. del . Alton— lat ni.. ChlcaKO Income 7a, 18.S3 t SlnklnK fniKl. (!h. 1003. ;lii Jollct Clii>'«Ko— In! in. I.(k Mo.— iHt ni.. gllSkV. 2d niort., 7», lilOO 8t. L. Jack.dt C'li.— lat 1st, guar. (SU4), 78, '94 3d ni. (S60). 7a. 1808. A 123 I 104 C,Ha|i.Ia.K.4N.-lst.« Buir«lo,t8,W.— M.' 8,1»0.S 110 Sma.1 CoDtnil Iowa— Kt, 7». •90 lis' ChOMp. & O.— Piir. in'y tllu>,' 103 >s 103 I I M No pcloa JTriday—Uieaa an Utaat qaoUUoa* mada Una weak. no IM IM n .. . New Tork Bank Stock Insurance Stock List. [Quotations by K. S. BAiLKY, Broker, No. 7 Pine Street] Liist. BOSTON. COMFANIIS. o America* lOu Am. 100 100 25 25 100 100 85 100 Bxctaange & Drov'rs' Cen'.ral ^atham Cbemica Oontlncntal Exchange* .. • Qennnn American*. German ExchanKC*. Qermanla* Oreenwich* Hanover Imp. and Traders* . . Irvinjr Island City* Ij©ither Manut'trs'. Manhattan* Marine Marltet Uechanics' Mechanics' Assoc'n. Mechanics' & 'Tr'drs' Mercantile Merchants' Merchants' Excli'iie Metropo is* Metropolitan Mount Morris* Empire ity ( Excliange Fnrragut Firemen's Giube 135 flreenwich Onardian 25 100 100 Howard 50 FO 100 00 100 100 25 50 25 20 70 165 !J5 140 60 lOO 60 60 100 100 A 155 1IV> Irvinif .lefferson 13Ui IS,-* KinKsC.>unfy(Bl:n.) 148 I^a'i'yette (Br'lilyn), l.amar 88 Lenox lOi'i liOn- Island (B'klyn) 118 lao Loriliaril JMai 'fac'rs'4 Build Manhattan Mech. ,t Traders'... New Yorl£ New York County., N. Y. Nat'l Eich'ge. 100 WInth North America* North Uiver* 100 Pacific* Parli .Mon auk (Brooklyn) •.87 Nassau (Brooklyn) Phenii Produce* RepuDlIc 8t. Nicholas Seventh Ward Second Bboe and Leather. People's Phenix Itelief Uepublic Kutgers* Rtandard Star . 100 Yorlt.. 100 100 Third Tradesmen's 40 50 100 100 West Side* ItSO 1H5 ISO 3111) (15 70 185 155 160 05 '.5 !ro 115 155 li5 lou 65 . l-,0 '•I 100 100 135 141 9t ll3 25 50 50 50 50 50 ;io l.^n 115 155 fc5 1V5 12i 160 100 180 151 115 iO 70 25 25 i.;i 191 112 lilo 225 100 liJO lv« 20 50 50 60 100 25 50 100 luo 115 lis 200 t-5 DO 70 125 S 155 IdO H5 Co 90 70 H5 100 25 25 25 liO 16 1 12.) ino 133 II) 210 10 80 110 14t no Connecticut River Conn. A PBoanmnsIC oQiitttnn Valley RaslorL (Mbbs.i. ............ Kastera (Now Hampshire).. siiockii A O.it A O .t.. ,Mar. llojgli. WhU Oa8 Coupakisb. Par. .Amount. Brooklyn Gas Light Co 25 2,000,000 20 1,200,000 .... bonds 1,(X)0 Var. Var. 316.000 A 4 O. l,S.50 00o f.&A. 750,000 I.& J. 4 lioboken 1C4 IS'JS !05 11') 93 95 Inly, 160 i;o Nov., 219 222 1K82 155 105 84 104 •00 Sept Nov., 7» 98 Nov., 110 105 do bonds Husks, Brooklyn do scrip New Tork People's (Brooklyn) JS«nat 10 1,000 1,000,000 87i',000 M.4N. .Jan., lSfl7 Var. 125,000 466,000 1,000,000 1,000,000 1,000,000 8,000,000 780.000 Var. F.A A. 1900 July, (jnar. Oct.. bonds Matttal.N. V Bends (yeniral of ^ew York SO 50 WUliamsborg do bonds Metropolitaa, Brooklyn 1,000 100 100 Municipal do bonis Fulton MuDlcipat 'ibb [(juoutlons by H Reeeker St. ft Fult. Ferry— St'k . 1st mortgage, consolidated BKghtb Avenue— Stock 1st mortgage .. IM St. A (irand St. Ferry—St'k lit mortgage Otntral Cross Town— Stock 100 800,000 694,000 1,000 100 100 1,800,000 1,000 100 1,000 tot morteaife shows !. 38 42 107 96 70 72 93 t-0 A.«0. 1901) 101 lot July, Oct., 18b4 70 195 73 2«0 M'.'iN. 105 110 7S U. 4N. 1 I. ). A J. A J. Q-J. J.AO. Q—F. 25S, Rntlar.d. preferred 130 . J'ly,190l)U13 Oct., 'Bl 137 " June '81 104 115 "81 140 iiie 210 no . A D. 250 June, •981114 119 1,000 Oct., '8l!200 Jan.. '8) 100 Nov., '81 200 210 Apr., '93 115 1 100 1,200.000 <J-K. 900,000 J. AD. 100 1,000,000 CJ-J. 100 100 100 208,000 J. A J. 748,000 M.AN. 236,000 A.AO. 600,000 200,000 M.AN. 250,000 600,000 j.'aj! J.AJ. 7 2^ 150,000 A.AO. 7 1,050,000 M.AN. 7 .')00Ac 200,000 M.A8. 7 100 750,000 M.AN 5 1,000 800,000 J.AJ 7 100 8,000,000 Q-F. 8 1,000 .!,000.000 J.AJ 7 100 600,000 F. AA. 4 1,000 250.00(1 M.AN. 7 last dividend oo stocJU, no 110 iVo' 65 NOT.1904 105 «0 LlO Jnly. '94 105 July, 81 135 Apr., '8} V'S 140 Oct., '84 Se|)t..'8* , 70 130 13:J Allegheny Va'lcy......... A 5Ve8lern . . pref. •. do Oitmden A Atlantic. pref do 00 Calawlsss pref..... do new pref do Delaware A Bound Brook... East PeaBBVlvanla Bimira A Vfllliamsport.... ... pref.. do, do Har P. Mt. Joy A Lancaster. Huntingdon A Broad Top... do pref. do Lehigh Valley . July "i 110 'VO llj NOT, '81200 July, "go in lis ,'811150 155 iMay. '93 105 112 mUnxlty bmdt. 168 Peansylvanla..., BcbuTlklll Navigation pref.. BAtUtOAS BONDS. Allegheny Val.,7 S-lOs, 18M. 123« 7b. K.eit.,l910 do . '94. Belvldere Dela. 1st m.,6e,190a. 2d m.68. '^.>.. 8d m. 0B, 'd7. i>2M 1901 ;•,,.• "" lOtfK lis 12a 121 126 187 6a, 189S,M.AS 6s,exempt,'^,M.A3 126 J ea, 1900, 68.1902, Q— J.AJ Per share 1 121M Ul W. Md. 6s,l6tm.,gr.,'90,J.AJ. do Ist m., 1890, J.A J... i'lo do 2dm.,gnar., J.A J 1I5K 110 do '2d m.,pref do 2d m.,gr. by W.Co.J AJ 108 68. 3d in., guar.. '92, F. A Cln. 78, J.A J AA ... 2d, M.AN do S9,3d.J.AJ do Union BB. 1st, guar., J. A J., C'lnton endorsed. do Consolidated Gas bonds Oo . 1V4K 6B,park,139C,tJ,— M. 113>i 114 Central Ohio, Pltlsonrg A Connoll8Vlilo..50 a.^lLUOAD BONDS. Bait. A Ohio 68, 1885,A.AO. N. W. Va. 3d m..gu«r.,'ii,.IAJ Pltlsb.A ConneirBV.78,'98,.itJ I25« li6« Northern Central 88, '!?5, J AJ I OH 110 68, 1900, A.A(J 117 do 11^ do 6a, gld,190li, ,i'.Aj! .. lOOX Cen. Ohio «9, Ut m.,'90,M.4 s. 101) do A A IOC 126 lat pref CO 18l)H 2d pref do Wash. Branch. 1(XI "7 do Parkersb'gBr..50 do SO 82H Northern Central 50 Western Maryland •Jt common. ...K) Mar. v.i}.cuup,'33 6e, c"> mort. 6s. '63 Cam. Atl. Ist m. 78. g., Iil93 do 3J m. car. 7b, 1^71) Cam. Burlington Co. •s.'Sl.j .. CatawlBBalst.is, conv.. 'S2...I do do t 74 deb. is. '.i:' U!o Grande D v. do cons. 111.. 6s,g.,lyui do lnc.Al.gr.,78 191S 00 Union ATlioBV. iBt ni.7s, 'm. United N.J. cons. m. 68, '94 Warren A F. Ist m. 78, '911 West Chester cons. 78. '91 ... West Jersey 68, deb,, coup.,'* iBtm.es, cp.,'96. do l8tm.7B,'9J do 111 conf.BB, 1909 .. lOS^i do W. Jersey A Atl. 1-tm Ss, cp Western Penn. I',K. 68,(:p.'J '. 68 P. fl.,'9« do CANAL BONDS. 90 Lhes. A Del.. iBt m., 68, 1883 icmi Lehigh Navlga. m.,68, reg. ,'8; 116 do mort. RK., rg .'97 do mort. gold, '97 do cons, m.78, rg.,19r do do do do do do ' S2)i WestJeraeyA Atlantic CANAL BTOCKB. Lehigh N avigatlon In default. !l)93' 78, R. 73. coup, off, 'H. 5F,i9k6,new Norfolk water, 8e B9Vi' 60 BTOOKB. Par. RAILROAD bl)i bin lOU 198 BaluAOhto . * C, conv. Cb, defense, J.A J... 1C3 68, exempt, 1887 6?. 1890, quarterly.. do 58, quarterly Baltimore 68, ISSI, qusrtcrly. !06^ do «s,',8S6, J.A J do 68, 1S90, quarterly... 114 WnRtJersey do — BAI^TIItlOKB. do pref. do 188 United N.J. Companies West Chester consol. pref .. 37 Inc. 78, end.. 9T gen. m.6.. g..C.l'0 In. m.. 's.LOnii., *;96 d b. couf>., i'93* do c )up. on, itSJ icrlp. liSi do do Canden ttAmco 279 1 Ponnsylvanta. PhiladelplilaA Brie.... Pnlladelpbla A Heading Philadelphia A Trenton Phlla.Wilmlng. A Baltimore, ot Paul A DuluthR.H. Com do 128X 1H-" Maryland 87 - do '. Morris, boat loan, reg., ISS.'^ Pennsvlvanla 6s, coup., '.910. Schnylk. Nav.ist m.68.rg.,'9: do 2d m. 68. reg., 1907 .•••• NBBQuehoning Valley NorrlHtown Norfo k A Western, pref com do rto North PennBylvanU 1 13.5 I 20« Dot the daUof to'S.'i various ItAIX-BOAD STOCK". <io ' '8 Aug ••,• US 4a, bullilo Pitts. Imi».m.,6-,g,, I'o 2dm. 6.1. DM.. 25 SunbaryA Erie Ist in. 78, '97.. ; .reg.or cp. 66,n..rg., prior rons.m.esg.UtOlsm do do do do f o do 00 do i^'yra.Gen.A Corn'.',Ur,iB.l^ii& lOd Texas A Pac. 1st in.,68, g..lW)i bo;< pre! 53, rei.,lHh'J-1892 117 58 uew.ieg.,lii9i-l«.'J 6«,U»-15, reg.,H77-'Sa. 6s,lli-25,reg.,lMa-'52. 1C2 43, rcg., 18»4-1!)01 do do iVcI Oct. I 184 09 CITT BONDS. PbU»delphla,os reg. (To 1110 Sleuhenv. A Ind. Ist, 6s, 1834. Stony Creek 1st in. 7s l9ti7... Sunb. Hsz. A W..Ut m.,5!>.'2'i 20« Ce'ntial Wlnehlll SO Nov.,'8'1 102 Oct.. 's; 100 173 Oct., '81 125 1888 102.^ ibis" July, '81 110 Ocl . '81 130 133 Dec. 1902 118 IvO Aug., '8li 92 97>4 Q-J) do do do do 00 do dj do 7«.r*jg.,I«t do H'ch.A DMV.coni.int.il'.ia 5 128 Little Schuylkill Inly, 'ni 26 Nov., 650,Ono F.A A. 250,000 J. A J. 500 100 1,199,500 Third Avenue- Stock Ist mortgage Twenty-third Street—Stock. • This c Jiumn 1,200,000 1,000 1,000 ftEtension Sixth Avenue— Stock 1st mortgiige 101 111 500AC 1,000 U Coniol. convertible .7. U (8 105 75 II 1H9S 100 Nov., '81 230 1st mortgage Honst.West St.A Pav.F'y— St'k Beppnd Avenue- Stock mortgage 8 300,000 M.AN. 200,000 Q-J. 400,000 A.AO. 800,000 .1. A J. 800,000 J. A J. 100 100 1,000 ^ 2,100,000 1,600,000 2,000,000 1,000 .... Ist mortga;je 3it\ L. Qbakt, Broker, 145 Broadway.] mortgage 1,000 Broadway A Seventh Av.— St'k 100 Ist mortgage 1,000 Brooklyn City— Stock 10 Ist mortgajie * Aug. l>i i)ct!,' |1 .5011.000 1st Broadway (Brooklyn)— Stock Brooklyn Crusstown.-St'k .. Ist mortgage bonds Bnshwlck Av. (B'klyn)— Stock. 0entral Pk. If. & U. kIv.— Stock Consolidated mort. bonds Obristopher & Tenth St.—Stock Bonds Dry Dock E.B.t Batt'ry- Stock .1. 7>i 63« 61 Feb. 100 !,500.000 .1 &S. 500 1,000,000 F.* A. 100 5,000.000 IJuar. 1,000 1,000 000 F.& A. 25 1,000,000 Var Vs . 700,000 M.&N. 100 4,000,000 .M.*N. lsetn)Polltan 128 2d m.. "8, cp. "3. cons. m..7s,'^p., 19.1 BhomoKin V.APott8v.7B, Portland 8sco A Pull. lan Palace car... mt do do do 105 Pltts.Cin.ASt. L. 7e, cou.. 190C- 65 11)8 L. Cbamplalu ... pref.. do •• Old Colony............ Portsmouth 118 Penna.58, g'd, Nov., Auk., . 60 20 60 4,000,000 t.& J. Mtnhattan do .. prcf ... FHILADKLrHIA. Dale. 100 94 ISO deb. 78. (ipp.ofl do do mort., 7s, 1892-11 Phlla. Wllm. A B.lt. 6s, '81.. ogdensb.A WiECon-ln no I 9W e2k Phll.AK.Coal&lr'n Northern of N. Hampsblrt... Norwich A Worcester W Street. 88 85 .. Nan^tibAt uov/ell.. ........ •Jew York ft New lingland.. 8T^TS AND Jersey City .. comiU'in Iowa FhIH* SIOUX Cliy..,. Lll..e liockiS Fort smith .. MancbBSler & Lawrence .. evere BcacU A Lynn Ve inonlA MaBsaobasetts. -r''*'!'!.'"' ^ Nashua and Bonds. [Gas (Quotations oy tteorge U. Preutlss. Broker, 17 do narlem 36)4 FilatAPere Marq ... pref do Mar.IlO'gh. CO A Fitchbiirg (iulf , pref.. 109 loe 4Xs.... ABa Concord A 118 « 2m 127 1I7« p., 16 -"O "<"-'rfK>men Ist m.88.c'>ui'..'ii Fhi..Wilm t .48,Tr.cerif. 7'<,ip.,"i« fblla. KrieSd m. do coas. mort. 68. ^'.^0 5'. po do Iv.Y.. let ro. Phna. N'ewt'n Phtl.A H. lBtm.6s,ex.uue 19 .. ,10 !2I 128 1v3 reg do do o Boston A Providence Cheshire preferred Chi . ji. W. Michigan Cin. SandusSy A Olev K'ort Scott 6s. do . Gas and City Itallruad Cltlxens'Oas Co (Bklvn) Penn. Co., 8s. UoetonA Maine 75 85 (5 Is.... Atcbl»on BoKton A Albany BoBlon ,fe Lowei' 120 lOj ea.AN.Y.C.ARK.7s,'898... moii ... do V26M Penn8ylv.,gen. m. Ca, cp..l9ir do gen. m. Ga,ig., 1910. cons. m. 6j, rg., 1903 do lOlH do con8.in.68.cp., 1905. CIO 5i do — new Vermont* Canada, 108X t-Itlsb.Tltusv.A B.,78,cp..'96 Scrip do mort Vermont *MasB. 'tit.. 68 70 So 10«<< .... I'o i^ew loan -e, re? Sof'l£»Wc-t.,?cn.m..6iil 81 I08»i lOtM n. creeU Kit ui. 78,coup.,'B;. lOi Inc Itulland 08, Ist i in . 88, cp^'SS, 2dm.7B,cp.. '96. do do gen. m. 78,cp.,190a. do gen. m.7s,reg., 190"' i.lSt 7s,l <:o 70 123 100 . uid Colony, 68 i'ueblo A Ark. Valley, (10 155 115 ISO .. North. Penn Ist Ft. Smith, STOCKS. 120 doreg.,189<... do do 21 m. (8, reg., 1910. 13 J do con. m.,6s,rg.,1921 120>< 6b,' p.,19.« do do Wttle Schuylkill, iBt m. 1-,'^i N. O.Pac. lttin..68. 1920 It., ItiV. OM Colony, Is I'iO 21 WiH . I W> A (.Itlle It'k 5^ ' Mexican Ceutral, 7e .Sew York A New Eng.6< 'S do New Mexico A so. Pac. H. ivuensDurg A) Lake Cu.r> ... A Topeka Tradesmen's Uni ed States Westchester Williamsburg City. I51« lf.5 125 2:0 Amboy, ' K.. (itv Lawrence A 80. 4D.. K»«<.(!iiy. St. Jo.AC. B. .» KO sterling ^tuyve.sant 100 Union United States iill 100 50 Park Pe'er Cooper 100 120 .% . Uarrisbnrg iBt mor» 6a, '8M.. (1. A B. T. Ist m. 78. gold, to. cons. m. 5s, 19ii5.... o IthscaA Athens 1st g il, :s.,'ao unction 1 St mort. 6s, *82 do 2d mort. 6b. 19110 ... Lehigh Valley, lBt.68,cp.. 189S) 'llchbOTgUR.,»8 7! do Fort Scot' A Golf 7s lartford A Erle7e Ills 5 fa-«U'np»ic. 78 aBlCrU. M*88., 4)SB, new. 125 :uc 1K5 .1- 116 I'aciflc 100 90 BaFt')n Cmncttjn Valcy. 60 60 lis North Uiver 100 100 100 120 17 37^ Niaiiara 25 20 60 People's* 80 50 127 A Providence "s .... A Mo., land grant 78.. Ex Kebr.6s do Nehr.es do Nebr.ls do Chicago Hurl. A Qulocy4'.. 11 Br., Ist,78.l90r, 1 inrl. 18 National Now Y.rk Equitable New Vt.irk Fire New York & Boston. ^ew York r'ity 100 85 88 10 Merchants' 70 SO 25 60 Oriental* ^.lO llO LowellTfl 19110 Bast Penn. st mort. 7e, '88 Kl.A W'msport, IBt m.,78,*8U. SB.perp do . 63 A do 61 Meclmnics' (B'aiyn) US- a income Maine 7s Albany 7s i^ostoo 70 S2.I 1 A AOk .. 6s. 1900-1904 ABound Oei. A racia , 6s. do lift 50 60 100 SO 20 40 50 100 25 60 25 Kni(;l(Qrhocker 30 llH toatoa tioston 260 100 Importers' 'Boston 2 160 131 168 1(«> 15 Tr'd'rB 160 113 S40 50 50 Home J 19) 100 Hamiii.on Hanover Hoffman IW IT 10 100 100 50 50 25 100 Kiroraen's Trust Franklin & IHmp... (Jerman-Araerican. Gerinania ISO 110 2,'i 60 100 40 100 Eagle 150^4 1^5 100 100 100 100 Nsssan* New 200 MercJiTitile Murray HIM* Sixth State of 2C> 30 Columbia Commercial C'lntinental 100 100 100 100 SO BU 73 too 100 Fourth Fulton GaHatin lOl) IO.S Brooklyn 25 25 Avenue* 150 City Cliiiti>n 101) Kaat River BlOTenth Ward* 50 Cittsens' 125 iOOO 100 100 lOO Commerce VlfSL... U7 136 25 ^iizens* fHfth Fifth American American Exchange Bowery Broadway 160 *88 Chartlurs Val.,l8tm.7e.C.,l90; Delaware mort.. 68, various. lan'ilnc. 8R. Atlantic . 145 new78 Conneetlne land grant"? fio Bid. A$k. Bid. BXCTJIilTIBS. Catawisca, chat. m. ,108, A Topcka Ist m.'s. do xxxm. Boston, Philadelphia and Baltimore. BSOVSITIBS. vtcb. Par. Mitrita tAu» (•) ore not ifatiotviK Com ... . |ToL, m Quotations Local Securities. Companies. Butchers' — .. .... . . THE CHRONICLE. 712 Bowery Broadway — t 1 5»>i 120 S8K 8»« 104^< .... 1 — . : . DacKMBm 2-1, 1 : . 1 . : : THE CHRONICLK. 1881] 718 1 — Railroad RArnloffl—The latest railroad earnlagii and the New V»rk Ciljr Uaalu^TlM loOowta* atal— tafcowUw from January 1 to latest date ani given b«low. The eondiUoD of the AiKwUtod BmIh oT llMr Tofk OUy fot Ik* totals •tatenipnt includes th« Rrowi earoiofcx of ill railrtiadn frotn which r«turnM ran be obtained. Tbn colamna under the head* log " Janoar/ 1 to latent data" fornUh the Brow eamlnfpi from Janoary 1 to, and inclading, the peiloa mentioned in the oeond colnmu: ^ -Latttt MTMinat reporteit—s WMkortlo. 18S0. •—/on. 1 lo tatul (taM.— IH81. 1880. insi. 1178.343 «r>l.l.'SO Atch.Ton.*H.Ke.No»i'nibcr. 1,277.000 'jH.HHn Bost.A N.Y.Air-L.(vtob«T... K.iT.i Bur.t;.Kai>.AiNo..-Jdwk Dno. l^.'iJli Oftiro A Ht. UnllB.lHtwk Uou 61,000 C»riOliii» O'Titriil Ootdl.or. 8H7.^.^3 y.'.nnn il.VHT, n.'.210 74,.^-0 Ala.Ot.Bonthi>ni. November. . OeiilrHi I'll, (TOU.eoe 9383.090 2in,:i(i-.' ^nsi.'.'oj 2,i;il.O'J2 l,i»»:.,r\'JI 3Ul.l:ll ;iST.'.2r<l 47.^,ft33 4U8,()4» 211.820 1K0.707 aodlnn at ihw xnaa Nsw Tsrk MaolwlUn 2.2e9.n33 2.-ilA.!S()5 7,14«.04S 0Uo7Burl.diU...()vtok(>r... 3,031.001 1,934.70'j 17,4a4,833 17.0U1.U1G 31.830 20.847 kit. ni.Ji lll..-J>l wk Doo. Oble. A KMt. 2S.418 36.308 OfclcAQ.Trk.Wk.cn.l.IXw. 17 310.3.1 15,977,000 12.3i7.625 <nilo. Mil. A Ht. F.lM wk lleo. 416.000 434.000 327.300 20,787.594 18,631.807 Olio. A NoTtli«..2<I \rk Deo. 90.6SI C0.3: 3.765,404 2,U48.6>i7 01U.8t.l'.MliiA0..ad wk Dec. 81,7«(0 0«.177 OlilcA W, Mlvli..8ci>temb-r. 44.113 2.195.215 2,302.155 an. IiiiI.Bt. I..AC.3d wk Deo. 46,080 759.648 20.277 731.343 24.838 OIn. <v PprinKf. ..?<! wk Oot. 90.410 3,496,789 3.4S2.089 93.628 Olev.('ol.<Mn.AI.UdwkOcr. 8,7(Vj 1)00 7,732 304,833 401.783 dOT. Mt.V. A npl.lut wk ,'S7.075 50.075 Ool.AIIi>ck.V.,Ac.'.!il wk Doc. 1I0.:12.1 ISli.HHO wk 6.634.026 Doc. 3,37lV326 Denver A Klo Ur 8.310 6.7S9 374,500 304,818 OeaM.AFtDodKe.liit vrk Doo 2H,M11 21.735 Det. L!iQi».A Nu..2il wk D<w. 27,005 24,3(U5 1,001,542 1.050,327 Dubui|ii»iA8.t;ity 2a wk Dec. KMtXeim.V. AU.2 wkg Doo. 142.730 154).274 3H.272 32.935 1,764,050 1,513,533 Flint A I"ore M»r.2il wk Doo. 128.111) 162.200 €lal.Il!\r.& Sail A.Ootiibcr ... 07.."i31 107.293 5,025,690 4,050,033 Qr't We«t«rn.Wk.end Dec.lO 8.371 8,718 Gr'n Bay AMlnn.lstwkOct. 75.727 Oull ("ol. AS Fe. November. 131.424 43.54 S 2,133.830 2,387.519 43,78? HuinUmlABt. Jo. 2d wk Doo. 7..57S 143.887 89.310 18.487 Houst.E.AW.Tex.Novomlwr. 4093r!3 2.658,855 2.387.2U0 BnuBt. A Texas C .SeDtemb'r. 381.517 lUlnoUCen. (III.). November. 835.820 000.905 0.147.000 6.000. ISO 176.214 1,686,698 1,024,872 Do (luwal Novemlwr. 162.400 39,566 30.019 ilndiana Dl. A W.2J wk Deo. 3i).6.'4 38.654 465.010 3!)i'.29;) Ind. Dfc. A 8p... November. 62.510 2,033,481 l,815,4t4 70 ooa Int . A ()t. Nortli . . 2il wk Doo. 00.895 85.889 November. Iowa C'aotral 23.426 1.318,026 l,i2V.463 25. •.72 Lake Erie A .Vcst.2.1 wk Dec. 43.404 355.411 340.000 i2.4G4 liOuUu. AMi>. l{..Hci>t«mb'r. 210.000 10,733.034 8.977.201 lionlsv A NiviUr.yd wk Dec. 203.880 101.070 134.742 Marq. 11. A Onl'n.Septcnib'r. 44.723 1.175,103 1,097.102 Memp. A- C!Uiul.-.2il wk Doc. 37,11.'S 6.879 201.082 220.8S5 5.789 eir.p. Pad. A No.lst wk Deo 571,310 367,057 13.820 8,919 MILL. Bh.A West. 2d wk Doc. 6s.0:tO 1.073. 401 82.240 717,784 lIlnD..vc et. I»iui8.3 wksNov. 140,270 7.000,329 .5.791.C;I4 IMo. Kant.ATex.2d wk Deo. l'.)l.l.")l 111,214 6.102,003 5.1S3.320 l,")8.tfS0 Sllssoiiri I'luiiUo .2d wk Dec. 251.307 2.127.198 1.1I80.249 Noveiulier. 2.i2.4:i4 MobilK A Ohio 182.087 1,»J2,12« 1.873.427 152.059 Nasbv. Cb.ASt.L. November. K.Y. h. ErleA'W.8cptcini.'r.l,731.200 1,780.418 15,291,509 14,005.332 52.r57 44.370 N.Y.A N. KnKrd.2d wk Dec. 50H.821 4,493.323 4.311.285 4.53.277 N. Y. Pa. A Oiiio. October 209.017 2,017.081 1.882,449 Korlolk A \Vi!8t... November. 2U!,43D Hortliemt^cntral. October... 419.604 512.918 4,479,914 4.097,022 65,249 3,771.547 2,519,215 72,700 Northern PaciUc .2d wk Doc. 81.031 October... Ohio Central 8.031 ObloSoiilbern....2d wkDec. Ore^'u K. Niiv.Ck). November 458.300 324.305 3.988.535 3,1 80.434 37,558 493.627 305.55 81.237 Pad.AKlia>betlit.Noveiuber. Pennsylvania ....October... 3.672.971 3,882,714 36.552.212 34.137.327 13.B55 8,072 050,084 427,370 PeoriaDec. AEv.2d WkDec. 307.082 2.887,459 3,120,848 Phlladel. A Erie. .October... 292.392 Pblla. A Kcadinjt. October . . l,9S'.i.948 1.746.299 20.233 1,325.514 1,356.178 18.315 Bt.L.Alt.AT.H. ..2d WkDec. 703.554 687,276 10.770 23,400 (lircli«).2d wk Dec. Do 148.344 6.940,740 5,905.334 Bt. L. Iron M t A 8 2d wk Dec. 101,852 .59.401 3,009,853 2.584.334 69,454 8t. L. A 8ao Fran 2d wk Dec. 79,101 4,585.148 3.006,395 at.P.Mlnn.A.Uan.2d wk Dec. 105,433 415.747 304,237 6,068 9,753 2d wk Deo. Bcioto Valley Boutb Carobna. ..29dy6N'v. 116,965 114,831 66.595 3.707,026 2,552,239 85.017 Tezax A Paclllc.. 2d wk l>ec. 15.140 11.554 Tol. Delp. A Burl.2il wk l>ec. Cnlon Pacitlo ....17dys Dec. 1,314,530 l,013,7c6 26,499.363 22,022,490 «.L.Al'ac.2d WkDec. 332,786 259,082 13.863,819 11,873,108 Wab. 8t. ! Includlnz Oblo DlvUton. 1 ineliidInK leased Une«. Exchange. Quotations for foreign exchange are as follows, the outside prices being the poBted rates of leading bankers 7.2."i.l,78l M M . Prime bankers' sterling bUlB on London. 4 79>s»18'»3 4S3>s»4g4ia 4 92>a»4 83 4 78>)i»4 79 Prime commercial 4 78 94 T8>« 4 82 94 82'-< Docomeutary oommerolal 5 26t4»5 24^ 5 21)495 10% Paris (francs) 39''89 40>« 39>9» 3g\ Amsterdam (KuiUlers) 94Tg9 OS's 94 « 04 >4 Frankfort or llreinen(relohmarhs) V. a. Sub-Trea-snry. The following table shows the receipts and paymentfl at the Sub-Trea.'»nry in thi.n city, as well as the bal&Boes in the same, for each day of the past week: — Batttnea. PaymentM. SeeeipU. Dm. •• *• " " ' 17.. 19.. 20. 21.. 22.. 23.. 1.109.847 33 1.422.033 6i 1..')10.933 01 1,273.181 88 CMh. 1.858.9.53 .59 2,717.263 2.048,524 1,251,449 8,9.50,119 95 •9,287,088 51 43 01 92 1,235304 63 920.140 90 86.172.118 85.0O9.7j8 84.581.079 81.553,439 84,215.225 84,015.382 08| 4.612.205 17 12' 4.509.8.59 24 31 2.1 39 4.420.122 4.415.377 4,448.614 4.363.233 05 57 68 59 15,186,859 60 18.389.672 10 * 93,000,000 in receipts ami payments was transferred from one aoaount on tbe books to another. Coins.—The following are gnotatioM in gold for Tariom coins !F«tal.. Bovereltcns Napo'.oons X X Koichmarks. X Guilders $4 82 3 8J 9$4 88 » 9 9 3 86 4 76 3 96 3 97 Bpan'b Duabloon8.15 55 915 70 Mei. Doubloons.. 1 5 .50 915 60 Flnesllverbara .. 1 12'4» 1 12?» Flneguldbars par '<»>4 preiu. Dtmea A >scUmed. — 00 'a a par 4 73 "' Sliver * and' ^^ Five franos ' •«*. ""•-« par. — OOV* — 83 • — 95 — 88 » — 89 Mexloar. dollars. . Do nnciimmero'l. — 80 EuftlUb silver... 4 70 IT. ... TrMMsssa's... |)^llt4in ('homliwl Rlrh. NsUon'l Uitrrh'Dlii' (litllslln Hutoh«ni'ADr<?v. MsoSijilei'ATr. OrcmiwIeB. ._.... Lnulisr MuTra JuTiDih War.)., iutoof .S. York Arasrlosn Kxeti. Ci>nimeroo Broiulwav Koran tils Psciae lUputillo Ubatbsm Peopls't Surib America. lIuDovsr IrTloK Motrop^lltan Oaisens' ... .SikMSU Market Nlebolna it. ihoe A Leather. Corn Bzcbanj;e. Continental. .... 'irlenUI Vtftrlne luportera' ATr.. Park Uueh.Ului. Asa'D .Sorth Klier. Bs«t Itlver... Vonrth NacloniU. (teairalNat Second NHtlon'I .VIntb Natloaal.. Plr^t Nitlcinal.. Trtird .Niitlonal. N. V. .Niil. Itxch.. Boworv National N. VorkCoantj.. Uerm'n Amerlo'n Cbaae National tirtb Avenue.. German Kzch. tiermsnlu 189 JO* U.S.Nat TotM The iriw.TOO 81g.»78.4r. IB.'WBJJO <S4J>7*k>l«0.l«T30> deriations from retams of preTloat week are aa follows Dee. |l,tl'.SM Doe. «1.6ia.(ao Net depoelu boant and dlscoonta 1 308.300 1 Clroulatloo I.SOO1 Inc. Ueo. gpeele iMml tenders The following IMjeW l>ee. are the totaLi for a series of weak-s past: Loam. lAsi a 1.... 330.41) 7. 400 Oct. — 8.....1*'.ia3.900 Svttit. s — 5O.B43.20O 6«.^31.400 5».i«7.200 C. TfivUn. t it.73i>.30o U.Sje,^00 IVp.>t(t<. Cir:»lt!lai%. Aft. 'Oaer. ' • « 4 sas.si/).ioo 81B,(«»7.«00 lo.sse.ioo 'MS.iu.aaa ia..3S7.iooit5t.ou.4aa 1».8»«.I00 im.7at.Ti7 ia.iT4.soo «vo.aisjno H.3J9.400 IK.«0d.7O0 8»(.e4).»M i».:iia.oao assjw.iw IB.St4.0aO 881.1*4^0 . . S9....30U,8.VI.3aO dl.OSH.lOO ia.as«.Mo aiM,03^Mo S .. 3<3.330.9!I0 60.913.300 Ujtll.8(l} Wi.O'«.MO W.0M.40O IWI.I>«,U» l«.... 813.183.800 80.7i«.000 I4.8S3.000 8Ml.<t7>.aOO 80.018.140 i«....si9.i'<».sao M.»:ff.7aa IM7II.0OO ni.OSMOO l»lH»MIO 80*J1«.: 2fl....Sl4.758.M)0 57.09'.I00 lSJI»i.O0O »!«.Ba8.400 (0.0X0.800 8»».r— 15 . . .»18.34'4.V)0O a.'....!lll.S:iJ.jOO Nov. M.W«JWO TtMtJM 8....8is.8<i.:oo Dec. 10....«U.7'<H.l)UO lT....311l.»7S.tOO — sa.3iejno I8.86I.700 8a8.4STMe Ht.taR.«e Bl.«-;«.>IOO 13.740.400 8l«,«(B.iaO SI>JM.40a ftS.aU.200 i}.73H,ooo «s:.«n.6oe M.ttrjiao Boston Banks.—The following are the totaU of the Boat*B banks for a series of weeks pa.it " L.IVnd«ri. Loan*. Spteit. )43.tW7.000 l«».7»t.l09 7.818.410 0<rMtta.< Oir«u(el<ea. % 18S1. Am- Vlttr. ge.«i».ioo »i.io«jao 7i>.4ian| 8.liaj00 1.4'W.OOO «}.8«.«J0 A4T7.aaa M.8Il,iU0 8.088.400 !».. l4».itWJ0O IncludInK the Item " dae to other baaka." a8.« 1.800 TIJINjft Doc S. 4.10X800 Philadelphia Banks.— The 74jn.SM IU.lgO.0OU totals of tha Phibilelplua baaks _ d1?**b o.... uec. •• W : 73.8Jj.eOT i7.aSi.opi ito54.739 7I.MI.54i i7.wiaa«i 17.493^)28 tyfMM* esjm.TSJ •4.78«3a \\.\njao ii.i4a.s?i> a*: 11.13».7« •I. Unlisted Stocks and Bonds.—The followiag ar<» the r»•• " ported quotations for secariUea that are oot listed at »• Stock Exchange: 7«/. Atktd. S4 Uid.Rlt.ofNJ.aM.8tk. •38 Am. Coble 0)n«tr. Co. •145 A bonds.... 1.5>« 16% Du Am. Kullway Imp Co. 12 10 B bonds... 5-4 Do AtUntlcA Ot. West.. 414 3«4 pref 4M Kexlc«nNst.enh«..ex .... MS Do BS> linnds.az Do 2^ 2 "4 Bo*t. H. A K.. newsl'K IHi Markland Kloc L.A P.«l 00 ft 10 1 old stook Do North River Oona*. Co. 13<* I14>B 73 Continental Constr.Ca .... M . . Ourreney. 89 m Dm. are as follows: Demand. Sixty Daif$. Deeember 23. bmimtm Anwrlok . — t of tMitaalx 0117 . ^ — , ^«chiuilct* Ortlon . . . —»a Oe. Uvrohanta illo...N()Vcmt)or.2.a07.000 2,100.4«6 21,8t4.0»4 lfi.no7.8!(7 Ortolwr... 337.»0» OhM. A Olilo OhlOMoAAlton .IMwkDoc. 177.370 wfk 9 — 87 9 4 80 — 67»8» — 09^ Prus.sllv. thaler.<. U. 8. irado dollars — go^sa — 99»» U. a. sUvur dollars — OO^sa par. N. Y. Ch. Central Railway ConstrucfuCo.lD. L.W.) Ciu. A •26 •31 Ueorcta subs... A 8t. U sabs. Oregon Imp. Co. 1st ex Do — .... »le:k Ori«. Short IJne sabs. B7 73 Deuv.A B. (i..W. subs. 70 Do unrdoonsdls.100'4 lOOH OhloC.subfc.»500pd.»440 3t Pitts. A West 100 Den V. A N. Orleans Roch-r A Pitta's OmI. *> S50 Kdl.ion eiectrto L. Co Gr. B. Win. ASt. P.st'k 12>9 1 & Ind 10 Hnd.Blv. Contract Co.105 Oo. exImp. Inteniat. Qrand Rapids bond . A etook div^ Iron Stearaboat stook. Do 13 . 53 94 SO Istmnrt. bds 91 1 >t tndianap. C. A I., old. lud. Dec. A8|i. com... 30 21" Rloh.ADMi.Ter.ri«hU 1» Rioh.A AL satw. 8. Carolina RR. 3(1 If .. 137 MM SehnaRomeAO.UtX. SdU.stamp |>o 2dll..olaBa Do Inoomea Do stook iM St. Jo. A .... 4 .... W 7» W 9IS0 t4 n. «0 f9M IM 4<a .... S 1*« 1 West, stack. II PacUlo 1*4 M •»7'« n IT »•» 83 St. Jo. A Do S5 30 2d mort Do 105 >t 104 Int. Ocean Tel. Co «>>• n)Us3t.UMbiRR.sub 80H 86 00 raort Neb. 1st Kan. A 100 Texa* * OoL Imp Lehigh A WUkesbarre 33 ISa U.8.Kloc«rloUg6tCo.l40 181 Tlckab.Mer'aewmJt'k to • Premium. IDtaeomt. 2dm. 5u.c.,u . . M% . IHE CHROI^ICLE. 714 nO.VD AND EQUIPMENT. 1877-8. 1878-9. luwjestmjeuts Mllea owued Miles I'sd k contr'd. 152 297 Total operated.. Loconioti ves 449 55 57 783 51 STATE, CITV AND CORPORATION FINANCES. The IN7B3T0K3' 80PPi,E!i!B:ifT toiUaiM a complete exhibit of the Funded Debt of States and Cities and of the Storks and Bonds of Railroads and other Companies. It U published on the last Saturday of every other month— viz., Fehraari/, April, June, August, October and December, and is flemished without extra eharge to all regular subscribers of the Cheomicle. Singh copies are sold at |2 per copy. ANNUAL REPORTS. liichmoud & Danrille Railroad. (For the year ending Sept. 30, 1881.) The stock of this company having come into prominence as one of the leading speculative novelties on the New York Stock Exchange, the annual report for the fiscal year ending Sept. $0 will be read with more than usual interest. From the pamphlet report just out we have the following summary of the income account: $711,203 Net income Richmond & Danville and Piedmont railroads Net earnings North Carolina Railroad interest ^993,591 on funded debt Richmond &, Dan$245,231 ville Riiiiriiad ville 16,484 60,000 Railnnul of Pieiluiont Railroad of North Carolina Railroad 260,000— 581,718 Balance excess of revenues over expenses and for the year The was total increase liabilities in net earnings over the $411,873 year 1879-80 ?177,922. The report says of the Atlanta & Charlotte Air-Line Railway, that since the Ist of April last this road has been in successful operation under the direct management of this company and as a part of its through line to Atlanta, Ga. Its traffic for the six mouths from the date of its acquisition to the end of the past fiscal year, from April * R. though embracing the inactive months of the year, September inclusive, shows a large increase in its to & D. : 297 449 55 59 775 450 •450 65 65 62 58 952 60 02 1,093 60 ; but the 1830-81. 305,324 17,039,792 431,275 70,108,314 $ 527,038 1,437,016 224,464 2,188,518 374.565 433,029 331,328 82,278 1,224,200 964,318 INCOME ACCOC.NT. 1877-3. Receipts— Net earn ings $ 489,474 1,529 1873-9. 1879-80. 1880-81 $ 741,873 19,868 $ 786,393 42,542 964,318 23.100 259,730 13.656 103,441 30,054 1,489,299 . $ Bonds R.Y. R. &C.. Bonds &st'kA.<ScC.... Neteii-gsR.Y.R.&C. i»0,000 Miscellaneous. ""ii,'i2b Interest Total income 29,125 531,218 22,108 22,740 806,589 3,997 21,248 854,130 320,000 252,410 320,000 246,444 320,000 244,570 Disbursements Int. on funded debt. Int. on floating debt. Miscellaneous Total disb'nts Balance 18,995 10,601 9,745 51,200 10,451 63,005 642,635 587,499 637,320 Def.111,387 8ur.219,090Sur.216,860 GENERAL BALANCE Assets— Railroart,builrt'gs,&c. Casli on for the Cheonicle 1.53 Ol'EKATIOXS AND FISCAL RESULTS. f 368,494 for the same months of the previous year, being a gain of 24'3 per cent. The impaired and inadequate condition of its equipment at the time of its transfer has rendered its working expense a large one for tl^ time being, which, however, is being gradually remedied. The betterments required under the contract have been fully made for the current year, this company being well indemnified, therefore, in the valuable securities, amounting to about $260,000, transferred to this company along with the railway. The following have been compiled 1880-81. 153 297 1877-8. Operations— 1878-9. 1879-31. 193,5a0 Passengers carried.. 181,329 250,584 Passenger mileage.. 11,464,346 12,976,914 15,828,768 Freight (tns) moved. 330,158 505,753 627,941 Fr'ght (tns) mileage. 33,902,593 47,663,589 59,571,374 Earnings— $ $ Pasaenger 401,308 432,414 503,395 956,632 Freight 1,145,373 1,275,883 113,553 Mall, express, &e.... 121,307 143,577 Total earnings 1.474,493 1,699,094 1,932,860 Operaiing expenses^ Mainten'c 6t waj-.&c. 382,273 306,710 283,779 299,848 Maiut'oe of eqiupm't 317,307 501,574 247,603 Transii'tion exp'nses 275,605 289,256 55,290 Miscellaneous 57,599 66,353 985,019 957,221 Total (incl. taxes. 1,146,467 earnings 489,474 741,873 Net 786,393 Stoclcs *ttj." 1879-80. l.'i2 21)7 controls a macli larger mileage, gross earnings over the corresponding period of the previous year, the total earnings for that period being $458,130, against RICHMOND & WEST PoINT TBRMTOAL EB. & W. CO. " In accordance with authority conferred by the stockholders at their meetings in December and October last, the board of directors have caused subscriptions to the capital stock of the above-named company to be made on behalf of this company to the aggregate amount of $1,510,000, that being a majority of the whole capital as at present authorized. Under the action and direction of the board these subscriptions have been paid and proper certificates delivered therefor. The Terminal Company, by recent purchase of the controlling stock of the Virginia Midland Railway Company, has secured the direction of that important line, which brings it into satisfactory co-operation with your main lines South, thus developing an all-rail line of reduced mileage to Alexandria and Washington, and thence north to all points reached by the extensive systems of railway emanating from those points. This removes etfectuallj the only material cause of apprehended conflict with your principal interests, and supplies a needed auxiliary line of great positive strejigth, offering connections and a new traffic both important and inviting. Under recent action of the board of directors of the Terminal Company an option to take $750,000 of 6 per cent income bonds of the Virginia Midland Railroad Company, with $325,000 of its common stock, has been offered to this company, being its proportion of the same with other •tockholders of the Terminal Company." " Through the agency of the Terminal Company the connected and auxiliary lines now constituting important and Taluable portions of your general system are being successfully completed and improved, and brought into harmonious and useful relations with your main lines." " In July last the board of directors, as authorized by law, entered into a contract for the lease of the Richmond York River & Chesapeake Railroad, extending from Richmond to West Point, upon the terms and stipulations set forth in the copy herewith submitted for the information and action of the stockholders. Under this contract this C(jmpany acquires also a controlling ownership of the steamship lines between West Point and Baltimore, and between Richmond & Baltimore »ia James River, comprising six steamers in effective working condition, and regarded as a valuable and productive prop^ XKXOL These are the miles on which the earnings below are based Prcm. on Ixmds Deduct inttrest on floating debt Richmoud& DanDeduct rental Deduct rental Pas8.,tuail&oxi>r.oar9 Freight cars All other cars 282,388 Total net revenues Deduct [Vol. »S: bds. owned. Bills&acc'tsrocelv'le Materials, fuel, &c.. hand Piedmont Railroad.. In trust Miscellaneous .4.T CI.03E 320,000 245,234 115,992 16,484 5,475 703,185 Sur.786,114 OF EACI FISCAL TBAB. 1877-8. 187S-0. 1879-30. $ $ $ $ 5,379,853 5,879,033 5,879,033 360,085 92,861 84,877 47,575 1,668,402 317,731 102,735 55,384 58,764 1,605.835 94,250 318,467 162,186 153,206 89,113 1,667.355 94,250 6,114,450 1,128,401 495,661 293,791 86,892 1,663,419 206,998 102,295 1880-31. "312;227 93,136 Total assets 8,445,880 Liabilities— Stock, common 3,866,400 Bonds(8eeSuPPI-EM'T) 3,623,400 8,266,918 8,368,610 10,096.907 Proflt and loss Bills payable All other dues&ace'ts Dnc State of Virginia DueN.Car. RR. (rent) Proflt and loss 142.553 240,539 508,486 64,502 3,866.400 3,607,300 73,165 147,065 508,436 64,502 3,866,400 3,637,500 80.130 167,667 428,633 64,502 123.723 3,868,400 3,891,100 533,604 356.465 420,000 64,502 909,336 Total UabiUties.... 8,445,880 8,266,918 8,368,610 10,096.907 Boston & Albany. (For the year ending Septeinher 30, 1881.) This important trunk line has much the largest earnings of any railroad in New England. The annual report for the year ending f'eptember 30 shows a considerable increase in traffic and an increase in gross earnings, but a decrease in net earnings, owing to the lower rates for freight and passengers. The President's report says: " The increase in number of tons of freight and passengers moved one mile over last year is 13 09-100 per cent, while the gain in receipts is but 1 05-100 per cent. This greatly-increased volume of traffic has not been carried without large additions to the expense account. The increase of gross expenses during the year is $439,911, or 8 4-10 per cent, and is owing in part to the extremely severe weather of the past winter, and the increase in taxes, but chiefly to the great * » * increase in the volume of traffic." "Notwithstanding the large increase in expenditures, itis per mile passenger gratifying to find that the cost per ton and has fallen from 872-1000 cents in 1880 to 827-1000 cents in 1881. " It will be noticed that th8 receipts for freight have fallen off about $200,000, while the tonnage has increased 283,000. The loss in receipts is partly owing to the fierce competition between the trunk lines for business between the seaboard and the West, which has reduced the rate on through traffic to a point never before dreamed of but more to a general reduction of about one-sixth in the local tariff, which went into The effect or these reductions was to reduce effect January 1. the rate per ton per mile on all the freight moved by the company to 1 04-100 cents, against 1 207-1000 cents in 1880.;' * ' "The rate received from passengers and freight in 1880 applied to the traffic of 1881 would have yielded a revenue of * * * $8,729,594." "The expenditures at East Boston for additional storehouses and sheds to accommodate the steamship traffic at this This sum, together with all other point, amount to $79,231. outays for side track, new buildings and other improvements. ; I 1 DaoKMBXB M, THK laei.j (;hr(?ni(:lk GENERAL INVESTMENT NtWS. hare b«en oharfred to th« «zp«nNt>a of the jroar. Tb« •itraurdinsry piprnditurM of thts imiure aKKi^gal* ^M,30l." tablHH HhDW n»t incuiHH for fuur yrani. Tlix and fi>lliiwtiig the traJDu, axpauMit, uaruiugn Canada Hontkera.— The foil lal «<al««*al for 1881, Oeeember baiiut partir mimau-d OroM •amloga nj7-i,$M 1877-78. 1878-79. ISTO-SO. 1880-R1. (tona) orrd. U.M-J.aSS a,7S8,0tfe 8,310^80 S,aM.»33 FrWicbt (tf>i») citrr'd 330,708.573 S2S,484.709 375,«53.8(M «17.108,att one mllr l'13o. AT.ntep.tonp.nillo. l-<>78a. l-207a. I'tMo. VaMencen oariied.. 8,300,041 5.100,160 0,003,207 0.700,178 PaMeoffora curried 101,22I,n.Vi 101,248.331 I13,lSt.374 135,431.109 oaeiulle 3-210. 2-080. AT.ntto p. |i«M. p. III. S-140. l'U7o. OparatlnxaipenaMaDdlaiM rraUbt Krt •amlnfi aoetpla rrom olhaf $2,361,408 $2,e0R.04 4.5J0,H14 4,32M,1IU5 848,706 87'<,331 $0,633,533 $0,127,403 $7,741,118 $7,875,285 Eipennti. $.V49,760 118,000 $020,290 pii^rliioa.. 245,321 36H,4U5 362,3 rnl^'lii I'ura.. BiiUdiiigH, iie 28:1,523 136,41)6 016,><72 30:i.996 6.53,545 5U2.»<I9 2.BU8.715 3,140,196 3,2UI.35M AU Srpatm of road RepalrH uf Piiaa. tt: Trana.iSt gen. exp'ns'a $1,413,907 Total Htroction Set Income $2,211t,53tt DlSl-dBlTlON Rentals Int. on fiiiiiird debt. MvldrnnR Added to Hurpltm if;7.">.tHM> 4.-5.1.'^S 1,000.000 59,378 Iinprovonioul fund Total $2,219,536 $2,492,618 $2,186,873 Company to bnjr the InterMt nf th« Htate of NortJi the road. The company offerrd to |>ay tb» Stale 155.000 nnd to provide for the iloatinir d'bt, ab'iai $100,000. The company p^>poaell building a line from (.'inrioaad to WUmington, of which Ibis road in to be made part The piad ie now in operation from FayMteville, N. C, northwest about miles, and is graded for 70 miles further. Central of Ueonrla.— The stock in the steamship line from Savannah to New York is all owned by the Central road of Qeorgia. It is now proposed to issue a stnek dividend to represent the value of this «team>blp pr.pertv. What this ik-wk dividend will amount to is not deflnit>'fv settled— poeeibly twenly-flre to forty per cent. .Mr. VfaU^y, th- President objected to this diviu-nd. but the ittM-kholdnrt ar>- inclined te take it, as they hold a different view f ri<m Mr. Wadley. M «) $3,723,324 $2,703,638 9M9JH* Cai-olina in j ' $5,218,500 $5,688,412 $2.703,63'4 $2,102,618 $2,186,873 OK NET FNroMK. $75,000 $75,000 $75,000 470,000 470,(K)O 470.(HK) l,(i(lO.(>00 1 .600.000 1,60 i.llOO 10.-!,6;<8 47,618 41,873 450,000 300,000 •7a.«-i4 9n.Mi I Total •707, t3« Cape Fear * Tadkln Tallar, — A diitpatch fr'< .. _ .^.^^^ Raloiffk, , N. C, December 31, laya that th« OimmlMiioneni bavurmoired to accept the offer of the New York * Soathxm Hallway Cod- : Earninat, $2,275,351 $2,165,000 3,721,430 3,588,830 636,740 073,024 MtuvM MMIMS* •....•.„. TpUl niMlpU, DM Lms Inlarwt OD boadi The fullowing table Hbowa the ezpeosea, eaminga and net income for three ycani ending September 80 EAKNiMGH AND KxraMass. FrolKlit rti'partmont. other auurcoe.... la i TRArrio tTATiimca. P«iii>enK(-r departiii't 715 I Central Iowa. Messrs. Taintor — The ft following circular has been iaaaed Holt, bankers and brokers. " by New Y»kk. Dro. 16, 1881. Inquiries received by us relative to the t if nilii New York ProTidence A Boston. " tn answer to many of the Cnntnil Iowa KHilwuy, we beg to utate (For the year ending Sept. 30, 1881.) "The bonds to bo ixHiird on the new line will lie th< Crntral tows RailThis company, commoDly liDown as the Stonington Railroad, way Company flrst uiortKag.' 6 per cent Ixinds. at the r;ite of only $13,i>ftr mile, and ceeun-d liy a first mortgage on (-.ilil in--.v line. makes it« annual report for the year ending Sept. 80. 00<» " clnss4*s of Htut-lilinlders, llrwl and se<-mid pr.-ft-rrfd uimI f-omnioa. The Prfsident, Mr. S. D. Babcock, remarks that no revenoehas are All eniitlud to the privilege of snlMeilbine under tin- t'-riun i.f I'resldeai been derived from the investment in the steamship company Gate's rlrciilar of Dec. 10, receiving with each $l.U0ub«nd $800 at the pa-st year, as the loss of the Uhode Island early in Novem- common stoek. : ber last, following so closely on that of the Narragansett the June previous, has prevented the payment of any dividends by that company; but it is expected that they will be resumed during the coming year. "After several years of fierce competition between the existing lines, during which both pa.ssenger and freight rates were reduced to the minimum, and after frequent and prolonged conferences on the subject, we are pleased to report that in January last an agreement was entered into by all the lines between New York and Boston, under which the rates were restored to a fair and equitable basis, with, as we believe, equal advantage to the lines and to the public. At the same time a special agreement was made between the Stonington and the Fall River lines for a division of the through pa.ssenger business accruing to both, which is " I he flrxt and second preferred stoeks cannot be Inrreaxcd In any way. "All bonds not subsrrined for by the stockholders, under the term* ef the eireular of Uee. \i>. have been sold. "With tins new aciiulMiiion the Central Iowa will have almut 430 miles of ciimi>letcd road, lis total bonded interest wlil be $430,000. "ItH net earnings, above operatlns einienars and taxes, apon only 1B# mile.', for the } eur ending Deoember. 1880. were 9408.OOO; so that tiM earnings upon 100 miles for that year were snRlelent to pay the Interest upon the entire bonds cm 430 miles. The surplus eiirolnga for tlie peat two yeara have been exjiended In steel rails, ballasting and other bettar- raents. wU " When the new line is completed, tlie m«rtg>g« Indebtedneea average about $15,000 per mile, with no second mortgage; and. In tke aggregate, the road wlU be capttullxed kt the small sum of $35,000 per mile, with an ulmolute eharge on $1.^,000 per mile. " The new line tmrerties the oldeat and most thickly settled aad highly eultlvated portion of the Btate. aud gives the Central Iowa tbe eouimund ofalargebuHlneas from Its present territory, and an additional haul of about 115 miles east to the MlaslsslppI River, where It will connect with two or more lines to the East, and InlerooaiiKe throofk east and west bound tmfllc. " At the present rale of earnings i>er mile, the road will earo 83.3SO,000; aud allowing iht cent fur oiieratlng. leave* ever $1.000.000 nrt earnings, which, dedui-ilng Uxed charges, would give more than $000^- working satisfactorily." • " Under authority given by the stockholders at the last annual meeting, a mortgage on the road from Stonington to Groton has been executed for $500,000, and of the bonds repreaented thereby, bearing 4 per cent interest and du6 in 1901, 000 applicable to the stneK. " Resiwctfully, TWSTOR A HoiT." fSOO.OdO were sold at par, less brokerage. From the proceeds the company has been reimbursed for the following items: With the bonds at par and new stock at $30 the rights ar* Extension n>ad twnds. due 1880, paid off $50,000 worth $9 60. Warwick BraneL Kiiud, conelructlou account 67,151 Chesapeake Sc Ohio. This company has begun to ran » Harbor Junction WharX 63,679 regular train through from Richmond, Va., to Lexington, Kt., Total $181,133 659 mile.", a car from this train going through to Cioeinnati d;^ "'The floating debt is now entirely extin^ished there is the Kentucky Central from Lexington, while close eonnectioa no constructii m account open; and there remains from the bonds is made through to Louisville also. The o^mpanr has also begun to haul West Virginia coal to Leuisville and Cincinnati. sold $118,866 available for further outlays. "A lease of the Pawtuxet Valley and Pontiac Branch roads The distance from Richmond to Cincinnati by this line is 6M has been taken for five years from Jan. 1. 1880, at which time miles and to Louisville 653 miles. (lereland Monnt Ternon & Colnmbns The Cleveland they were opened for traffic by this company. The business of the line has been satisfactory, and will probably steadily in- Mount Vernon & Columbus lio.id was reorganized Deeeratwr 1, under the direction of UoUaod bondholders. The following crease. directors were chosen C. J. Cauda, New York; J. M. AdanM, The traffic for the year was as follows: 1880-81. 1879-80. Cleveland; W. H. Upson, Akron; J. H. Horsey, New York; Q. 932,936 Passengers carried 859.843 A. Jones, Mount Vernon; J. H. Russell, Cleveland, and C. W. 22.862.036 Passenger mile« 22,167,'J32 3.M.628 Tons freigUt carried 303,096 Schaap, Louisville, Ky. 0. J. Cauda was elected President, and Ton miles 13.098.143 11,290,326 C. W. Schaap, Secretary. The name of the road was ehwdgad The general ofBees wID to the Cleveland Akron & Columbus. The earnings for the year were as follows: New arrangements will take place at onw, 1880 81. 1879-80. be moved to Akron. $522,763 $419,300 but Receiver Jones will continue in charge till further details PaMengem 386,071 344,444 Freight arranged. 57,503 Mall, io 25,035 and transfer are 11,378 met Pftwtuxet Valley Branch Columbas Chicago & Indiana Central.—At a meeting held '64)392 Dlv. Provideuco & BiouiugtoD 8. 8. Co in New Y'ork, December 20, the income bondholders appointed the following eommitte« to confer with the trustees of the $057,717 •8.54.07'J Total 602.473 604,976 mortgage inr>^- «rd to the affairs of the road William Thaw, ExpeuseB Pittsburg; A. Li. Dennis, Newark John P. Oreen, .Philadel$355,245 $349,096 Net earnings phia Charlea W. Koblsaat and P. P. Dickinson. New York. The income account for 1880-81 was as foUoKr $65,230 Casu assets from iirevluus ynar Construction Companies— The profits of some of the rafl6.277 road and telegraph coust ruction companies have been enorAiUiisted accounts with leased road« 7,000 Pawtnxet Vailey Co., for stock surrendered. organixati'-n of a number of 057,717 mons. This fact ha-s led to the Earnings of roHd 30o,0Oo these corporations for the construction of new railn>ads, and New 4 per cent bonds sold so great is the confidence of the public in the abilitr of such Total $1,336,224 companies to sell the railroad stocks and bonds which thejr $«i02.472 Kipenses receive in payment for building, that many' f their st.Hjks rule 79,304 Intri-est and (llnoonnt 240,O')O DlvldenilH. C per ei nt at a high premium in the open market. The companies make New wharf nnd extension ot Warwick Branch.. 31,0:i3 no reports, they are emplia'ical y cloee corpora; ion.*, aiid it la 19B.O0O Bills payable pm1(1 187,414-$l,83e,2a4 imp<j«HibIe to get preeise information about their affairs, b«t Balunce,oa«U aoscU .'>.'> — ; — : . : . ; ; : THE CHRONICLE. 716 the sntject demands attention on account of the large amount of capital represented, and the following brief account has been obtained from brokers who deal more or less in these stocks, Mr. A. E. Hachfield, of 17 Nassau Street, having furnished to the Chronicle many of the facts here staled. From the difficulty of obtaining official information, it is evident that there is a possibility of mistakes occurring, and the publishers would esteem it a favor if any of the Chronicle readers would inform them promptly of errors coming under their notice. iihe prices given ia each case are the approximate quotations of Dec. 23. Americ.u* Cable CoN3TRncTioN Co.— Subscription, $10,000,000 ; paid in, 70 per cent. Two cables are to be laid acnsstho Atlantic (one of which is finished) contract price, $6,000,000 for both. It is also contemplated to lay cable to South America. No division has yet been made among the subscribPrice, @38 prem. ers. American Railway Improvement Co. This company built the New Orleans Pacific Railroad, wjjieh is now consolidated with the Texas Pacific. Subscription, $2,000,000 ; paid in, 80 per cent, and so far 50 per cent of Texas Pacific stock and 30 per cent of New Oi leans Pacific 1st mortgage bonds have been — among subscribers. Price, Central Constedction Co. to 14') prem —Subscription, $5,000,000, paid in 50 per cent. This company builds the Delaware Lackawanna & Western extension from Binghamton to Buffalo. No division has been made. Price, 23 to 26 prem. Continental Construction & Improvement Cojipant. Subscription $10,000,000, of which $3,000,000 remains on option to be taken up anj-- time within two years. Paid iu, 60 per cent. This company will build a road from Hoosac Tunnel to Buffalo (W. L. Burt,' Boston, President), and owns in fee the Boston & Hoosac Tunnel Railroad and the Syracuse Chenango & N. Y. Railroad. Five per cent is now called, additional to 60 per cent already paid in. No dividend y et made. Price 68 to 70. Cincinnati & Georgia Blocks ($22,500 each) and East TenKBSSEB Virginia & Georgia Sdbscriptions are both intended to extend the East Tennessee Virginia & Georgia system of roads. Each block of Cincinnati & Georgia is entitled to $20,000 Ea-st Tennessee Virginia & Georgia first mortgage consolidated five per cents, $15,000 income bonds, 6 per cent, nou-cumulative, 150 shares preferred and 250 shares common stock; while each $10,000 subscription of East Tennessee Virginia & Georgia is entitled to $5,000 first mortgage, $12,000 income bonds, 120 shares preferred stock and 240 shares common stock. Most of the securities have already been divided. Price of Cincinnati & Georgia blocks, 29 to 32 prem. Price of East Tenn. Virginia & Georgia subscriptions, — - to 75 prem. HnDsoN River Contracting Company.— This company (an offshoot of St. Louis Iron Mountain & Southern, see Chronicle, vol. 33, p. 275), is building a road from Knobel, Arkansas, to Ashley County, Louisiana, on the Arkansas State Line, being a part of a direct line from St. Louis to New Orleans. Twenty per cent of subscriptions paid in. No dividend has been made — ; Price, 105 to i.'< cent stock in the consolidated road will be given. Price, 20@ 15 discount. Pessacola & Atlantic R. R. Co.— This is an offshoot of the Louisville & Nashville sy.stem, the stockholders of the latter road being entitled to subscribe pro rata to its $3,000,000 capital, all paid in. Each $950 subscription gets $1,500 in bonds and 4 shares of stock. Price, bonds 90@92; stock, 4.5@48. ScRANTON Construction Co. This was formed with $2,000,000 to construct a road from the terminus of the Midland Railway of New Jersey to Scranton and the coal fields. The road so built, with the former Midland Railway of New Jersey, forms a consolidation under the name of New York Susquehanna & Western. Seventy-five per cent has been paid Price. 2 prem.@6 prem. in. Texas & St. Louis Railroad.—Subscription, $10,000,000, Another instalment (No. 2) ot 10 20 per cent paid in. per cent is called from the subscribers, payable on December 27. Line of road in two divisions (narrow guage), Texarkana to Waco, and Cairo to Texarkana, connecting with Cairo & St. Louis to East St. Louis. Subscribers will get 100 per cent 1st mortgage bond, 50 per cent incomes and 50 per cent stock. Price, S0@81^. Texas & Colorado Construction Co. Subscribed capital, $5,000,000, 10 per cent paid. Builds the Fort Worth & Denver City Railroad from Fort Worth to Canadian River and will connect at Canadian River with the Denver & New Orleans IIR., building from Denver. See Chronicle, v. 33, p. 384. Subscribers will probably get $20,000 1st mortgage bonds and 200 shares of stock for each $10,000 paid in, but terms have not yet . International Improvement Cojipany has a capital of $5,000,000, of which 00 per cent has been paid. The company will call no more assessments, and has so far divided 30 per cent in general mortgage bonds of the Missouri Kansas & Texas Railroad and 25 per cent of Missouri Kansas & Texas stock. It was originally intended to go to Mexico City, but will not be built beyond Laredo. A new company, called the Mexican International Interoceanie & Oriental Railway Company, (see Chronicle, vol. 33, p. 687) has just been formed to take up the work at Laredo and build to Mexico City. Price, 84 to 87. Inteb-Statb Improvement Comi'any was organized to extend the Indiana Bloomington & Western Railroad to Springfield, Ohio. Subscription $3,000,000; 20 per cent paid in. No division has been made as yet. Price, 85 prem., bid. The Mexican National CoNSTRncrioN Company intends to build from Laredo to Mexico City, with $7,500,000 subscription capital, of which only a part has been taken up. 80 per cent being called, but not in all cases paid in. The company gives for $1,050 cash subscription $1,000 first mortgage bond and ten shares stock. 60 per cent se-jurities have been divided. Price, offered at 16 discount. (See Chronicle, of December 24, p. — .) Mexican Central Construction Compant.~A Boston cc rporation building from City of Mexico to El Paso, with branches. The first mortgage bonds of the railroad were taken thus $5,000 with $1,000 iccome bond and 40 shares of stock for $4,500 cash. : Price, to New York . & St. Louis Construction Company.— Subscription originally $10,000,000, raised to *! 3,333, :-i33. Is building from Buffalo to Chicago. Each $13,383 (on which flO.OOO is paid) will be entitled to $10,000 first mortgage 6 per cent bonds, 200 shares preferred and 200 shares common stock. Price, — — — as yet. XXXm, Oregon Short Line Railway Company 5s to connect ths Union Pacific Railway at Granger with Baker City, Oregon, about 600 miles. Capital, $15,000,000 30 per cent paid in. Each $1,000 subscription is entitled to $1,000 first mortgage bond apd five shares stock. Price, 97® 100. Ohio Central Railroad— IUchmond & Alleghany Atlantic & Northwestern. Theso roads are consolidated under the name of Richmond Alleghany & Ohio Central Railroad. Each 100 sliares of Ohio Central entitled to subscribe $2,000, and each 100 shares of Richmond & Al^ghany to $4,000. for which 80 per cent first mortgage, 80 per cent inconn bonds and 100 per ; divided [Vol. Chicago 33@36 prem. NoRTM River Construction Company is an offshoot of the New York Ontario & Western Railroad Company. Subscription ?10,000,000, 20 per cent paid in. Road will be built, using some lines already in operation, from Weehawken to Schenectady, Md thence to Buffalo, and it is known as the New York West Shore & Buffalo road. Notice was issued Dec. 15 that an instalment of 10 per cent on each share of the increased ?api*a' stock (instalment No. 2) was called, payable on Jan. 5, 1882. The books for transferring the shares on which twenty per cent has been paid will be closed on Thursday, December 22, 3881, and the transfer books will be reopened on January 6, 1883, on and after which date only shares on which thirty per cent has been paid will be transferred. Price, 13@14 prem. — — been settled. Price, 99@par. Dallas & Wichita.— At the annual meeting in Dallas, Tex., December 16, it was resolved to transfer the road to the Missouri Kansas & Texas Company, and to authorize the issue of bonds at the rate of $20,000 per mile, to provide for all the present debt and for the extension of the road. It is in operation from Dallas to Denton, 39 miles. Denver & Rio Grande.— The Gunnison News reports that " every mile of the main line of the Denver & Rio Grande from Gunnison through to Salt Lake Cit}' is now under contract; and the camps of the contractors are strung alongthe route like beads on a string. The main object of the company now is to get this line to Salt Lake finished by the time the Chicago Burlington & Quinoy road reaches Denver, which will be some time in August or September next, and every energy is being bent to the consummation of that purpose. The road will then have a direct eastern and western outlet over the C. B. & Q. and the Central Pacific. So important is this move considered by the officers of the company that they have decided to suspend all work on the various branches of the road until it is accomplished. The grading from Salt Lake City this way is nearly completed to the Colorado line, and the track-layers are laying the rails as fast as they can be procured." Grand Ilapids & Indiana.— This road is to be extended northward from its present terminui, Petoskey, to the Straits of Mackinac. The contract for the extension has been let to L. A. Ro.se, of Bronson, and McDonald Brothers, of Grand liapids. The terms of the contract are that the road is to be completed by the 1st of June, 1882. A line of steamers has already been contracted for by the company to make the line of travel a continuous one to the northern extremity of the Straits, to connect with the Detroit Mackinac & Marquette Road to Marquette on Lake Superior. Indiana Bloomington & Western.—The managers propose to extend the Indianapolis Decatur & Springfield acquired by lease) from Decatur to St. Louis. Kentucky Central.—M. Road E. Ingalls, President of the (just Ken- tucky Central, left for record at Covington a mortgage for $6,600,009. This is a supplemental mortgage for that given by the company in May, 1881, to George F. Bliss and Isaac B. Gates, trustees. In the first mortgage the railroad company did not include the Mavsville & Paris Division or the Paris X latter branches of the Kentucky Central are included in th« present mortgaga by consent. Lexington Division. The two Lake Shore & Michigan Southern.- A quarterly dividend of 2 per cent, payable February 1, was declared by the board on the 23d. The following is the official statement for the year 1881, which was presented at the meeting (December being partly estimated) 1880. 188 J. 18,749.461 $17,970,000 GroK.s enrnings 10,418.105 11,286,000 Oiwratiug expoiises and taxes (6'2-80) (55-56) Percentage of oaruinga $6, CS 1,000 Net earuinsa Interest, rentals and divideuda on guarau- teedatock Balance Equals por share Divideuda, 8 per cent I-eaving. $8,331,356 2,710,000 2,750,374 $3,074,000 3,957.320 $5,580,982 ($1128) 3,957,320 $16,6S0 $1,623,662 ($8 03) . THK CHRONICLE. UROicMincn 84. 1881.1 Tbfl piim^n/r<>r, mail and eipr^m bimlnniit nhowii a gala of nnlfa million dollars. Wliiln th» frflfrlit tonn.icr'i iniir>-aH«d about (•i^ht percent, thrf r«i<lucti«n in ratcM cnii falliufT off of on-r a million nnd'a quartxr of'tollnrM in I'm theri'from. Hal the frelgli' '•• f la.^f. vvar b.«en obl.im .1 for this, thero w.iuld bav.< of about bnlf a ml lion of dollars in KroM>< iijirninjfs ih« loss of or«r tlir.i-iqaart<*n< of a million now hIhiwii, i»nd th« nft rpimlt wouM hare b^fn inuffa-sod by the aora of theiM> two amouotn. 717 nwnl and ••. about 1 ' mw i i« ' " 1 Upon thrt same hasi", fxppDHcn would havn b«fn noraxwhat under no per cent of eaniiiipt. This would bo about ,3 per rent more than last year, and is due to nn advance in the price of labor and of most material, Hocb advance being common to all tbe railroads. The road and equipment has been fully maintained at ita best standard. Eipenaes include the cost of 11,000 ton.s of steel rnils. Mnnhaltnn rievnted.— A special meeting of the stockholders of tho JIanhaltau Railway Company was held at the ofllee of the company, No. 71 Broadway, on Wednesday, to take action oa the proposed issue of ?13,i)0(>.0()0 additional stock to take op the stock of the New York and Metropolitan companies undi^r the agreement of November H. The following were present: Samuel Sloan, Chairman ; 1>. W. McWilliams, Secretary ; I) D. Field, E. R. Bacon, C. W. Field, Jay Gould, R. Rage, S. Sloan, George 8. Scott. R. M, Gallaway, 8. H. Kneeland. John H. Hall, R. N. Pipot, B. M. Field and George J. Gould. The following preombK'S and resolution were adopted by a vote in peraau or by proxy of 92,083 shares, being mure thau two-thirds in amonnt of all the stock iv/..v,.i.-, An iDjrcomiMit was entered into between tbls nnmprtnr, tlio : Nc ItiiUrondronipany .ind the Metruimllliiii IClcVatrd tny on tlie 1 Itli day of Kovembcr, IStil, in tUo words and vnt< Kii Ot' il "Iff: ttock of tills romrnny Is InciiHIoli nt for oi'i intlnn its rond» under tlie wild u>,'rcrini'i:t ; iind Tlio unu>iint of Increaso required for tlin purpose aforcrnld Is $13,000.0('0, nnikiug wltli Uio ex stinj; Btock $'Jii ,000,000 of cunitni JVAeird*. lim presor.t capital eonstrtiotin;.- nud Wh0enH, tocl^ln nil ; and Wlitrtas, For the purpose of olitainlng the sanction of tlio storkliolilera to sucii increase this meetinK liiw Ix-cn enlird by the directors by notices Bent and pulilislied iis re«]inred by law; and Whrreat, Tlio Bald agreement is npprovc<l and mtlflpd by the stoek- boldorx now assembled, it l3 now on uiutlon of Mr. Uallaway, necoudcd by Mr. Cyrus W. l-'K-ld. " Resolveil, That the stockholders of this company do hereby sanction and authorize the increaso of the capital stock of this comiKinv by $13.000,000, makin;: wlih the exi.slinK capital stooka total of $2K,000,OOe." Mr. Sylvester II. Kncoland voted 500 shares OKainsttUu resolutions, all the rest of the S2,583. shores represented ImIusc voted in tbo alHrma- Uve. — Judge Blatchford rendered a decision Wednesday in the United States Circuit Court, in the suit of George S. Fl»gg and others against the three elevated railway companies for a preliminary injunction against carrying out the tripartite agreement. The injunction was refused, and Judge Blatchford said in his opinion: " The prlnoi|)al Krounds nrired In support of the motion am that the »)?roemcnt of Oct. 22 impairs vested rliifits of stockholders of the Metropolitan; tliat oacli stockholder has for liimself sinli vested rights, and that tlioso rights cannot bo Impaired as to him without bin consent. It is urged that after the Metropolitan lease was executed there was no property left to it upon which anything in the naturoot a dividcnd-payinu stock conld bo based, except the revenun to be derived from the tenns of the lease; that the value of the capital stock consisteil wliollv in such revenue; that the $Iti2.!S00to be paid quarterly to the Metropolitan was the only prolit which inveatore in tlie stock could hope to realizo from their investment; that tbo stock is stock of a special cliararter, eiititied to au dRfCcd portion of a rental to ho paid by the Manhattan ; that tlio agreement of the Manhattan is truly expressea in tlio inemoranduni on the ('crtitii'ates; that by ttio wliotc transaction tho Mrtroiuilltan nKrces to distribute such portion of tlie rental as a dividend atntm;; its stockholricrs; that the Metropolitan, therefore, cannot surrender tlio nuarantrc of the Manliattaii; tliatsuchf;iiaraiitee must berenanieJ as a promise to the Metropolitan for the tieneflt of its stoeklioldcrs. ami that they are entitled to prevent the .Metropolitan from diverting the fund or impalrlog the contract out of which the ri);ht to it comes. " It is undoubtedly true that tho oliject of tho provisions of tho lease in regard to the 10 per cent per anuum on $6,500,000 to be paid by tho Manhattan to the Metropolttnu was to enable the hto<*klintderH f>f tho Metro]K>Utan to liave. if possililo. d:ii-ing tlie continuance of the lease, a quarterly dividend of ii** per cent on their stock. Hut I fall t<» see any contract to that cfTect lietween the Mantiittan and tlie jndivlduai Htoeklioldcrs of the Metropolitan, or between eiicli stockholders and tho Metropolitan Company. There is no ak-reemcnt. either by the Manhattan or the .Metropolitan, that these sums shall be paid to tlie stockhulrlers of the Metropolitan. The cjisc, therefore, is not one of any vested rlRhta in tbe stoekliolderg of tlie Metropolitan to the 10 per cent Iiaymeiits. Imt It depends upon the eoueral jiowor of tlie directors of a coriioratiou to make and modify its contracts. That power is well c^talillahed In this Btate. No statute or authority is referred to whi.'h makes it necessary to the validity of tlie axreementa of Oct. 22 that they should have been approTed by an.v one or more stockholders. Tlie biases of tho tripartite agreement and the .aitreeincnt of Oct. 22 were made iindir tlio authority oftheactsof Aiiril 23, 1839. There is nothina to imiieaeh the validity of that statute. Tho instrument-* referred to are contracts liy tho Manhattan and by tlie other companies for the use by the former of tho roids of tho latter, on terms satisfactory to each of the latter, as delenuiuod by the votes of their lioards of directors. The evidence satisfactorily •hows that the roacis of tho Metropolitan Company were not earning anouRli net money over expenses, rejiairs and taxes to pay tho interest on its inorttcaKo bonds, and that tiie New York (Jompany'i road was earninK at least |icr rent net and enoUKh more to make reasonable tho over tho Metropolitan O'liiiinny in tho new arrangement. By that arrangement the claims of tho .Vfanhattan Comjpany for the $13,000,000 are released. But whatever conclusion now a udlcial li'ibunal,wonlil coino to on proofs as to whether the now arrauKcment was a wise and proper one for tho Metropolitan Company to make. It Is Bufflcient to siiy that in tho evidence aa presented as to what was before tho directors of the .Metropolian Company and as to fhelrnction. they had the rieht, and thought In cood faith tliat they were dointf what was most judicious for their atuukhuiders, aud they did what they did in good faith. It is claimed that a flctitions neoeesltr was created and tbat the stockboldors of tho Manhattan would have como forward to extricate it from Its diiliculties. I pee no evidence of this. The .directors of tho Metroiiiditan Comoany had this question before them ncoessarUy, and passed uihhi it and acted In view of it. •• TlwaMMt- HM*" •»irrv>«<irii*lll Itntl .nfor.- 1 h» mcfa i i ar _ i"T'""in« ib« •mctwa " Tho eonnirrcnt testimony Is that the Manliattan Company Is now entirely solvent— made so. it in true, by the new arranitiMunt. but still olveut. It is out of the haud^ of the Boceivers. The Iriparlllo ogreo- II .»o,iri 1 way Conipany and the deciiion wa<«^rivo:i l,v favor of the asks for a p> trust conifaii; t tiflcat4'N f..r ::iM lin . . siM <lMla>l. M«tnpalltaa lUil•aa/M N»w Tvrk, .M '-irtto ' aad i.r ;•• , the cA umi to bint tmt' tba Mstropolltaa Klevated lUilway, wliieli nliitll resoec^Mvei/ b»«r dat« aa tk* respective days on whiih his smrrtadnrvd oertlfloataa moatioMd in the alternative writ bore dat«, a'"< -bsH • "'^'n that r- ttata ment of the old guarantee of the >' vay CoaiNMr without cancellation, change or m>r was eoaUlaM in the aurrendered certiflcates, and sbail iu all r«a|)«ota ••form to said cert Beat e.s. In my opinion there amtwoeoo* elusive rea.sons for denyiiig to th.i relator the relief wbieh h* seeks. In the first pUce. tho fact appears from the papan before me that la two cases ia which all ihecompaaies inrolvad in this proceeding, except the trust company, which ia a mara depository, were heard or appeared as partiw, Jodgmeotii havH been pronounced, one by this court and the other by tho Saporior Court of this city, afflrmin;; the validitv r>f the aew arrangement enter>'d into as a eomorfimise of eiistinir difBeuItles between tbo Manhattan, the New York KtevatMl and the Metropolitan Klevatud railway companies. (See the jadfrnrat of Mr. Justice Westbrook of the Supreme Court and of Jadm Trnai of the Superior Court.)" The other reason is tbat ta« plaintiff has a remedy by aait for damages, aod therefore » mandamus cannot issue. < >f t cai' ' 1 Sfexicnn Niitional.— In conoecHon with the decline in Dsnvor & Uio Grande stock on Saturday. 19th last., it was rumored that there was some delay In the payment of subscriptiona made to the stock of tho Mexican National Railway Company, which is controlled to some extent by the Denver & Rio Grand* parties. The New York Sun reportetl the following facta la regard to this rumor. "The fact that Mexican National Railway subseriptiona declined to 16 discount and Mexican National Railway consfruction stock was offered at 13 discount and 20 discount bid gave strength to the rumor. Tho two are on-^ enterprisa, which is practically an eiten.sion of the Denver & Rio Oranda Railway from Laredo, on the Rio Grande, to the City of Mexico, and from there westward to Manzanillo, on the Pacific Coaat, and Vera Craz, on the Gulf. The Mexican National lUilwa/ Company was organized about a year ago under the aasplcea of the capitalists most largely interested in the Denver & Rio Grande Railway. Its capital stock was fixed at 17,600,000, and bonds for a like amount were to be issued. Every Babscribat of $1,050 in cash, to be paid in installments as called for, waa to receive $1,000 in stock and a bond of $1,000. The eonatmetion company was formed for the p'lrpoae of building the roadL Its capital was $a,000,000, of whicb $1,000,000 was commoa stock, and was issned to Messrs. Palmer and Sullivan for the conces-sion from the Mexican Government bearing their names. Gen. William J. Palmfr is President of the Denver ft Bio Grande Company, and be and Mr. Sullivan eonstitnte one of the largest railroad-building firms iu the United States. Tha other $4,000,000 was preferred stock, to be fnlly paid and entitled to a dividend of 7 per cent before an^ shonld be paid on the common stock. There bare been eight instalmentn of 10 per cent each called en both the snbseriptioaa to the railway company and to the eonstmction companx. These instalments amount as follows : Oo the railway company about $6,000,0(X), and on the construction company t3,200,000, a total of $9,200,000. As the .securities of both haTa sold at a discount almost from the inception of the enterpriaa, the instalments have not been paid promptly. It is nnderstood that the arrears of the instalments due the eonstmction company amount to $850,000, while those due the railway company amount to about $800,000. It was reported several days ago that suits had been instituted to reco^ er these arrears of instalments. Oflicers of the company deny that this is the ease, bat say that notices have been sent to the subscribers reqaeatlng • • • them to pay up." "For the $8,000,000 of instalments paid in, the Mexieaa National has forty miles of completed road running soath from Laredo about 150 miles (graded from Mexico City north on tha main line; the road from Corpus Christi to Laredo, a narrnwguage road of about ItSO miles, purchased for the pnrpoaa of transporting material for constructioa; the grading of a naall fiortion of the line between Mexico City and Hanianillo, aad ». arge quantity of supplies and materials and some roUiag atoek. "At the Windsor Hotel last evening it waa aagratad that » large operator interested in the enterprise meattoaed had li*> ; come embarrassed in consequence." Nashville Chattanooga & St. I,Aaia.—Statement of reealpte and eipens«8 for the month of November and for five moatte ending November 80, 1881, compared with same periods laak year: -nt* 1381. Paanage Frc^ MaU RonUaadprlTUefM.... 188a 1-81. mtmtOi*. 1B8& »U3ie fl9.190 05.*79 8,«2S 8.109 137.:!8e S4n,8M 8.6^ 18.1 1* 21.977 17.B4H l.STB $192,009 $182,087 $983,r07 f848.7«t f?ie.ii« 0,617 ; THE CHKONICLE. 718 EXPENSES. -November.- Maintenance of way Motire power Maintenance of cars — Conducing transporta'n -Five monihs.1880. 1881. 1881. 1R80. $2o,9'21 24,13') $33,020 27,837 12.397 2B,708 7,509 8,383 ^S'Soi 12,323 General expenses $96,541 $136,.'565 $16."i,'>73 134,686 123,578 57,936 60,1-31 137,990 37,516 $505,570 $73,741 $315,316 $343,176 39,460 223,213 194,933 $148,213 $92,103 $34,281 $10,095 Balance „., Haren ._ Hartford.— The report of the York New ^,^ New busin'ess'foVth'e year ended Sept. 30, 1881, will be presented at the stockholders' meeting on January 11, 1882, compared with the report for the preceding year. The Tribune gives the following : Tear etided ."ept. 30 Gross eaiulUBS from transportation Operating expenses, taxes', etc Net earnings 1880. „- , o, ^ $4,£Sji,814 ,252,8 2,599,219 ^^'®5?'5S? 41,421 $1,694,986 $1,734,216 130.600 on Hail<!m Bivpr A Port Chester bonds.. l,5o0,U00 Dividends puid, 10 per (cut on stock 1,550,.'>00 $1,680,000 $1,693,333 Total net COMMERCIAL EPITOME. Friday Nioht, December 35,586 $507,590 %i\nzs. The weather has been unseasonably mild, and 33, 1881. certain branches Congress has adits unfavorable influence. journed over for the holidays, and the only important business has been the report by the Senate Committee on Finance of a bill to appoint a commission to revise the whole question of import duties and Internal revenue, with a view to their reducA semi-panic on the Stock Exchange was felt to some tion. extent in mercantile circles. There has not been much spirit to the speculation in merchandise, and prices generally showed depression; but yesterday wheat and lard made impojrtant advances on a revival of confidence caused by a liberal export . demand. Provisions have been generally dull and all values declined early in the week. On Wednesday afternoon and Thursday morning lard was very active for export; some ten or twelve thcu.sand tierces were taken, and prices recovered froml090c. for prime Western to ll'15c. To-day, however, the market is tamer, prime Western closing at ll-12^@ll-15fi. for January, 11-323^ @ll-35o. for February, ll-40@H-50c. for March and ll-57^c. for April, and refined for the Continent on the spot H"40c. Bacon on the spot may be quoted at 9@9>^c. for long clear, but is quiet. Beef and beef hams are dull. Butter and cheese have ruled firm but rather quiet. Tallow has advanced to 7?4@ 7%c. for prime, and stearine to ll/^c. Pork-packing at the West is about one million swine, or 25 per cent behind last season. The following is a comparative summary of aggregate exports from Nov. 1 to Dec. 10: of business feel Burplus OTcr operating $55,517 expenses Interest on bonded debt 45,422 and taxes Add receipt s f loni interest ^ht Coimuevcial 122,89.T $108,345 XXXm. [Vol. Int. 143,333 $40,883 $14 986 Surplus for the year The report slates that the increase of expenses during the past year is due principally to the higher price of labor and materials and the large addition to the number of men employed to keep the road and rolling stock in good order, and to operate the increased number of trains, while about $250,000 has been expended for additional grounds, peimanent improve- ments and new equipment, & Western.—A press dispatch New Vork Siisqiielianiia from Scranton Dec. 21 said that some indignation was felt among the capitalists and coal men over the negotiations pending between the Delaware Lackawanna & Western Railroad Company and the New York Susquehanna & Western Road. Pork Bacon Lard 1881. 8,174,800 Total Increase. 1890. Decrease. 32,174,123 9,126,000 111,340,000 57,8s7,121 651,200 46,490,421 25,312,998 lbs. 105,7-i9,502 178,353,121 72.554,619 lbs. 64,84(»,57d lbs. lbs. Rio coffee has been dull of late and merely nominal at 10/^e. for fair cargoes mild grades have continued to meet with a Tea sold at a fractional fair demand and have ruled steady. Rice decline at the only important auction sale of the week. has been steady with a moderate trade. Spices have been dull and weaker. Foreign dried fruits have been quiet and have price. New crop New Orleans has further receded in been in better demand, and, o wing to a steady advance at the South, 65c. has been touched for fancy ; foreign has been quiet and steady. Raw sugar has been only fairly active at any time, and within the past few days rather dull rices, owing to a diminished trade in the refiners' product, S ave been to a great extent nominal at 7%@7/2C. for fair to ; the terras of the pending negotiations the new road would not come any nearer to Scranton than t^pragueville, which is fo»ty-eight miles diMtant, thus leaving the Delaware Laiikawanna & Western Company in possession of the field. Mr. Frederick K. Potts, of the New York Susquehanna & Western, R&iA to &-^ American Exchange reporter that it was true that the company was engaged in negotiations with the Delaware Lackawanna & Western Railway Company for a continuation of itsnew road over thelatter's tracks, or rather for the business of the former to be carried on over the latter's rails at a fair and equitable rate from Scranton to Spragueville, as the cost of constructing that distance of road as a rival line would be very good refining. ° m.j. Uelado. Sags. Soxes. Mhda. great. The people of Scranton wanted a rival line to be con2,=i5,638 20 3,096 8,433 structed to that place, but in a railway point of view an agree- Receipts since December 1 389,728 20 2.954 1 21,411 December since bales ment between the companies would be more advantageous to Stock l)ce«ml)er21, 18h1 369,95251 7,f!56 31,215 2,753 1,001,760 23,830 8,026 both, while the Scranton people would reap the benefit of the Sioc-k December 22, 1880 extra facilities. It was not a question of raising money so Refined has been quiet latterly, and closes at 9^c. for much as one of policy in a railway consideration. He expected crushed, 9Mc. for granulated, 9J6@9y80. for powdered and 8M Midland Railway the agreement would be entered into and the @s%c for standard soft white *'A." of New Jertiey brought into connection with the coal fields of Kentucky tobacco has been quiet, and prices are nominally arrangement. Pennsylvania by means of the proposed unchanged; sales for the week 300 hhds., of which 200 for Business in seed Oregon Short Line. The Philadelphia Press says " The export and 100 for home consumption. Oregon extension of the Union Pacific to Baker City will be leaf has been fair, aggregating 1,500 cases, as follows; 800 cases about 600 miles of road, upon which it is now proposed to issue 1880 crop, Pennsylvania, fillers, 6@7c., wrappers, 18@38c., and $12,000,000 of 5 or 6 per cent bonds ($20,000 to the mile) and assorted lots, ll@17c.; 150 cases 1880 crop, New England, The Union Pacific wrappers, l!i@35c.; 150 cases 1880 crop. Ohio, 4@12c.; 100 cases $12,000,000 of Oregon extension stock. treasury will retain one-half the stock and give each 100 shares 1879 crop, Ohio, private terms, and 3110 cases 1880 crop, Wisof the Union Pacific stock the right to subscribe to $2,000 of consin, mostly Havana seed, at from 8^ to 15c,; also 650 bales bonds with a bonus of 50 per cent, or ten shares, of Oregon Havana at 85c.@$l 20. extension stock. The road is almost an assured success from Strained rosin, owing to a considerable decrease in the supSpirits turthe start, and its bonds may sell in the neighborhood of par; ply, has been very firm latterly at $2 25@$2 30. but if the public does not at present estimate the new stock at pentine has advanced to 55^@)6c. American pig iron has 25 the ' rights' are worth but $2 50 per share. If the- new been quiet but steady, but Scotch, owing to a decline in Glasstock is cc.nsidered worth $50, the ' rights' will be worth $5, gow, has been dull and rather weak, though without quotable and this is probably the maximum." change. American steel rails have been dull and unsettled in Toledo Delphns & Burlington— Toledo Gin. & St. Louis.— value sales are reported at as luw as $56. Iron rails have The Missouri Republican of Dec. 18 said: " A meeting was been dull and nominal. Lake Superior ingot copper has held yesterday at Charleston, Cole County, 111., of the stockhold- advanced on large sales to 20^c. cash. Western spelter has ers of the Tol. Del. & Burl. RR., and of the Tol. Cin. & St. Lonis sold freely at 6^@6Mc. Pig tin, owing to a decline in London, RR. for the purpose of voting on the question of consolidating the has latterly been dull and weak at 24)2C. for straits ; tin plates two roads under the name of the Tolsdo Cincinnati & St. Louis have bsen depressed by large receipts and a decreased demand. Bailwa^y. The first-named road is 181 miles long, and extends Hops have been quiet, and we.ie at one lime weak, though from Ivokomo, and the object of consolidating is to make one about steady at the close. Hides have been quiet but steady. continuous line from Toledo to St. Louis, and a branch from Leather has sold less freely. Wool has been quiet but firm ; Delphos to Cincinnati and from Dayton to Wellston, in the coal woolen goods have sold so well of late that holders of wool are region, and all under one management. The vote on consoli- firm. Refined petroleum has remained dull all the week at dation was a mere matter of form, as most of the stock is held 7%o. there has been a brisk speculation in certificates, which by a syndicate. iVLr. W. J. Craig, the President of the con- closed to-day at 83%@S3^c. Clover seed is dearer, with sales Btruction company, went over to Charleston yesterday to at 8%c. for prime. , . attend the meeting. The main line will have trains rut ning Ocean freights have shown more activity in gram room, which from Toledo to Neoga. 111., very shortly, and it is expected to has been taken to the extent of about 1^ million bushels, from have trains running from Toledo to St. Louis by May 1. The this and near ports, mainly at 2j6@3d. to Liverpool, b}i@'o%a. work is being pushed with great force, and all work that can bi- to London, Sl^d. to Glasgow and 48 @4s. Od. per quarter to done advantageously in the winter time is being done. The Irish ports, closing at the lop rates. The shipments of cotton company are paying out about $300,000 per month on con- to Liverpool have been large, amounting to about 20,800 bales struction account. AH the bridging is going on extensively. by steam at 5-32d @3-16d. for compres»-d. Petroleum charters Mr. H. S Hopkins of JSt. Louis is building ten tfowe-truss have been fairly active for cashes to the Levant and beyond at bridges, and the Smith Bridge Company of Toledo is building 21@23c, and to China ports ai out 4()c: crude to Dunkirk, 7?6d. ihe big one of five spans over the Wabash, near Eugene, Ind." 3s. 7^d., and naphtha to London from Philadelphia at 38. By — : — ; ; ... . . V 1 M, THE OHKONIOLE. 1881.] COTTON. >«» Pridat. p. H., Dnoemb^r 98. 1881. indioAtod br oar tolagrann Thi MoTumrr or thi Crop, from thn South to-nJ^hN ix ffivnn bnlow. For the WMk •ndtov thiM evoninff (D<>c. 33), the total r<<a«ipt>i hare rvaohed !iOI,8S5 t)ales, aKaioitt 336,676 bal«<M last w««k,^341 b«l«« tb« pratiooa week aud 216,170 balea three weeka dnoei makinfr tHe total recWpt.M !<incM th« iHt of S<<pt«mb<«r, 1881, 2,941,458 twiea, a((»inat 3.357,i'>tJ4 b)il>>M for thM Ramt> peHn<l nf 1880, ithowillff a damSM m •ince ^pttimber lUeeipCal— UOH. 8al. 4,917 2.416 <}alTeaton 8.403 14.97*9 3,047 1.794 Orleaua... Mobile Florida •arannsh 17,848 The 459 week. S,86ii 4,795 5,486 2,349 3,053 3.232 3,731 3,222 118 3,030 1,051 459 753 637 1.431 4,173 5,437 4.663 3.8S6 3,878 1.687 2,070 1,969 1,793 1.331 2,711 3,121 l,4tS 1,589 1,905 Cltj-Folnt.Ao. Mew York Soetoa Baltimore 1,038 4,704 1.291 2,413 1,265 5,936 1,038 26,743 1,291 12,113 11,173 578 540 100 Totals this week 28,929 40 222 162 1,587 2,651 23,260 26.1.^6 3.5.119 40.831 201.655 4,5.56(1 For eomparison, we give the foUowiiur table showiiur the week's total receiptfl, the total nace Sept. 1, 1S81. and the atoukx to-night «nd the same item-s for the eorrespoading periods of last year. Slock. 1880. 1881. December 23. ^alTeoton Ac. 128 59.947 Hew Orleans HobUe 12.039 1,110 31,698 Florida CaTannab Biuaswlck, Ac. Cbarleston Fort Royal, Ao. 17.471 523.842 62,504 23.644 3,478 31,956 56 24.800 12,113 11,173 673 Fhltadelpbla, Ac. 2.631 1880, 854,765 9,534 744,073 232,123 16.923 589,060 3,809 434,400 36,551 92,137 20,951 452,641 133,962 43,333 53.308 12,124 18,939 618 5,984 1.291 Boetou Baltimore 1, 28,505 372,177 14,376 93.440 11,412 390,281 34.338 50,729 10«,0I3 16,606 30.034 Folnt, Ao. Hew York \ 118 5,936 1,038 26,743 Mor'olk /Since Sep. 17,948 459 Wilmington M'head City.&c aty 288.663 10,043 789. IS5 180.662 16.985 Indianola, Tki* Week. Since Sep. 1, 1881. 1,502 3.255 1,924 29,972 0,822 8,010 5.983 1,054 897 1881, 1880. 109,049 106,676 351,240 290,337 55,153 56.827 99 5,080 117,843 119,225 106.814 97,647 215 433 18,360 10,289 77,517 1881, 229,765 142,614 5,200 2.338 52.581 33.039 23.254 11,737 9)4,182 Norfolk. Ac, All others,... 17.113 59,917 12,039 31.098 18.^07 6.974 23,034 27,743 29.123 62.504 23.644 31,956 26.302 5,179 39.704 19.473 69,341 19,636 30,45f 19,603 3.830 28,603 20.007 ^.tUlsw'k. 201.855 237,930 207,601 Galvesi'n.Ac, Hew Orleans, Mobile •arannah.... diarl'st'n.Ac Wllni'gt'n, Ac 1877. 1878, 1379. 1380. 13.,573 1876, 3,900 20,176 20.988 84,070 22,935 29.106 21,649 5,9!W 24,390 12,331 19.100 53.235 14.799 21,447 19.409 4,116 18,380 12.066 199,981 224,634 162.633 19,336 73,850 19,434 23,793 2.5.883 16,59-< BlnceSppt. 1. 2f)l1.4.5« :i2.">7,fiB 3012.549 2376.136 23t2.l>13'2.562,063 GalTtftsn IccludtMi [iidl.tuolu: Outrlestou iiiuuide^ Fort Xoyal. dio. ^Jmlnxron Includes .Uurehuad City. Ao.: Norfolk Includes City Point. Ao The exports for the week ending this evening reach a total of 86.087 bales, of which 46,610 were to Great Britain, 20,856 to France and 18,591 to rest of the Continent, while the stockn as made np this evening are now 1,147,320 bales. Below are the «iport9 for th^ week and since September I. 1881, From Stpt. 1. 1881. (<. Dm. 33. 1881, Wuk EnMnt Dec. 33. from^ (iriat Brifn. SYance 98^ Oalreaton NewOrleaoa.. Mobile «,3ao Total nenl. irtek. 1.883 ~«.0l5 "ii»04 8.201 31.') 16 tl>,«15 ' CharlciitOD',.. 3,44a 0.070 WIlnilnRtOD,,. I.IWl Norfolk .880 337.270 138.337 7.970 . .,, T.WO 3.US4 ».»79 I3.»7» 73.853 »7.3 4 ia.5"9 14.331 l.OSl S0.3M 1,480 S,<IS4 141.703 134.SSS 41.300 s«.aeo IS578 New York '.3.»7-> Boston Baltimore S,4M S,4«) 1.8>0 1,300 158 1349 14.810 10.181 PbUadelp'a.&c IVital TntnilBsn.,, BHtofai. fVonc* ~7l^ "Tiw 1 Oentfc nent. 41,040 ao,89a 18.81,1 07.7 4 1R.078 43S07 160,914 977 J0« It 1O0JS3 101.015 407.3i8 7,1)70 114.317 00.000 8.083 13.080 30.089 1 14.881 SO 8.300 109.173 107.000 80.611 isB.on 106,470 4 1.87 J 41.001 10.831 STikOM l.4'3J07 ITS 520 •.905 ri7 3I0.03I 430.437 I.g88,»» •onawbat tha paat Baraaa raport waa bat effect of the abort-llvad, nnqaestiooably had aoma effect in modlfyinf aoiM Tha of the highest crop estimataa. large viaible supply, tha tangible character, bare operated to defeat the effort* to pro* mote a farther advance Exchange was felt way rapidly, A valaes. in Prodaw failure on the on the Cotton Exchange, through ramora ot Yesterday (Tbaraday) priees gava speenlative complicationa. nnder pressnre to realize on aeeoant of the lai]{a To-day there was a variable and accnmnlation of stocks. much change from yester- Cotton on the spot was quiet and unchanged until yea- day. when terday, The there was a considerable business for export. T>13c. for middling uplands. forward delivery for the week are 73S,100 total sales for For immediate delivery the bales. total sales foot ap week this 6,559 bales, including 1,612 for export, 2,656 for consaraption. 1,291 for speculation were to Dee. and n HEW ORLEANS, noaTaaa UFUAND8. tet. Ordln'y,»» O^ie 970 9*8 9»I6 9'9 9% pi^i 978 im 9»B 10»19 11 10»,s 10»,8 11 11 ll>s inis 11,'10 O'd Onl 11 Uiw Mid I'K ll>t« U»i, ll»i. ll'o li's 12 >« 8tr.L'w.5Ild llilin lliiieUillg r.'ia 12 12 124,8 121,8 MiddlhiK... 12 Uood Mtd.. 12>0 1238 12% 12it,eli' 18 8tr,0-dMld 12i>s 12ag 12!>8 121B,8l21»l« MIdd-g Fair 13>6 1318 la's 137,8 137,8 13-8 14»|, 143,8 IS'g Kalr... 137s 8tr, We4 •Wtt. 9*10 siV Ooort Ord.. lOiiie 9»i« 978 1 ! Fri. 96„ 0»8 10»is O's lon,giou,gll im im 1 I'lS li's 1219 .!•, Taas 9»9 103,9 ip»„ lV»ia 1'.>1« Vrt. 9»» 9«« 10»,. 11 10S„ 'U'u lllfti 11 li'io 11 8 9H »H 11 111,, 111,, 11 '9 IIT, I2I4 121a 11 12' 18 12>,8 '12>i9 12ft|« 12ll,8 12ll,8 1211,8 I2llu 121»„ I21»,8 l.''llS 12»„ 13.,S 13',8 1.7J,. i:.7„ 14 ',8 143,8 143,8 U»,, Til. 11 illio llTis O'd Ord \mv Mld.r« 11»i8 lll>,« !ll»M ll'S 3tr.l.'wMld ll"is 1113l»lll3isl2>« 12 l'.'»|8 12 Middling.. .jl2 O.KX1 ,Mld 12^ 1238 12% 1211,8 I2I618 12»9 12»8 Str. O'd .Mid 12'g Str, TEXA8. Sat. niou Tnea a«i. Oood Ord.. 10" 18 lOl'ielOi!,, Ordln'v.fllb Strict On!.. aad qaolatioos official day of the past week. to Strict Oril., Of the above. 300 balea in transit. The following are the arrive. Dec 23 Wa4 Th. WwU 0«9 !(>»„ 11 ll'is 12i« '> 1 111,9 11 '9 ";• li's ,li'o l2i« 12ie I2»,« If.':*,.- pi. 10»|, 11 0% io*is 11 !1I" 117, 1219 i2>a ••-•0,8 r.'»|. . MIdd-g Fair 13% llUfl 13'8 13'8 Fair 131a 1379 Good Ordinary Ordinary Low Middling Middling VK l:tT„ 14^,8 U3i8 noB Tvaa tUKfXt AND Jb- I 353 •IS 417 310 404 858 Nominal "in I21»i« .iT,8 ,,. 'I4'i8 143,8 Watf Tta. 878 979 97, 10»,8 ll»ie 97,, 1<W„ 11»18 I3',8 143j» WtU Vi .s.^ 10»,, 11.,, BALSB. urTH 113 Quiet Tues. Zsk'g hlgh'r pea. Quiet Wed 1,506 Thnradiiiet Fri..lUall 1.612 879 »7g 1U»I8 ll»i« TBAJCgrr. Ooit- Mod. Total 87. 97g 10»|9 ll»,a or SrOT AUD S41.K8 8POT MARKET CLOSCD. - 1.17,8 87g 9'8 10»is ll».. Btrtoi C«x>d 121»„ 121 137,8 14»„ Mat. 8TA.1.'IED. Sat. I9.s:i 8V>.491 178.780 80,087 30.717 Tatal. 84M0 riortda Savannah Onot 90,707 7B.M? disappointing foreign advieea, and other inflaencra of a laM Bxportftt to— Oiinti- The and yet 1 Bxporttd to— 1M.3M ipcoalation in fatarea baa dragged 49.662 i,i47.aii>. at— 0.9OU 97.200 Included In this amount tbera at* 390 ports, the deatlnaUun of whloh wa oaaa sales for ?ach In order that oomparison may be made with other years, we ffiye below the totaw at leading ports tor all seasons. SeeeijUt 35,073 335.319 3,400 700 ' day the market was quiet at 201,>1.^5 ».n41,4.'i« •237.«8n 3,2,57.664 Tofiil Total m •4,480 •«,I90 unsettled market, closing without Beeeipte to Thie Week. Other porta 90^67 9.010 Wona. 9X>'0 5.60O 8.368 Nona, 3,700 118 578 Fhlladolp'a, Ao. 73,167 Wow York IMal. trim. 19,919 Moaa, «.Aa« 8.100 8,12« (lalvaatoo 4,059 1,319 7,304 ortj- 90,110 90,907 7.800 0331 O.itOO 4.710 12.100 MOO 9.548 9J3S 3.300 Nuaa. 4.100 Num. M*blla LiaarlMtoD 16.983 128 50,947 1 2,030 1,110 31.698 4,691 979 Onal •avaonab 2,522 MoreU'dC.,Ao KorfoUc Totai. 1.110 3.49U 1,035 kt— «rUa4«. cranio. 128 3.363 13.785 15,350 2,283 1,144 1,532 2,837 Ai'. WllmiU);ton Dbo. 33, 2,708 Bmtuiw'k, Ac. <aarli'ston Ft. noyal, i 1,585 Indlftuola, &c. Sew m. nun. Wid. Tut*. la addltioa to abor* at pofti, nar litignmtt l»-9iffkt Ban aim vira Ktf oa Um foUowtac amonata at nC wMoa oa o« raipboafd, raipba LaotalMfadLai aot nlwtad, ' " th« porta ombmo. W* add itailar fcaiaa for Ifr«»TorlLwU2 • ar* pnparad for oar wmtol wa Mr lb (hNf, TalTi Lambrt. 80 Bw? ar BtrMt •wOrUaao 1881. of 316,306 bales. 1, 719 iM4a XMa4. tU. 452 170.100 1.067138,500 200 40 873 1,90« MO 700>ll8,40a| 1.100 Sioi 74.10«l l,MO a.o32 113,700 888 111.900 1.000 143 930 H..559 2.658 1.291! 733.100 5.900 the day praThe dally dnUvoriei rclvoo ab<iv« are aotuiUly d»llv*r*l viotts to that on whion they are reaortad. Thi Salbb aitd Pbicm op Ing ocmprehensive table. Fcnmm are shown daily market, the prices of sales for each the by the foUow- In this statement will be iVond tha closing bids, in addition to the month each day. aad daUy and t«>t*l salea « o » « THE CHFvONlCLE. 720 H c CD i2l| g . . . oS-Eg»5^2 (B a r« O £» ea fC 5* complete figur&s fort-o-night (Dec. 23), we add the item of exports from the United States, including in it the exports of Friday onlf. oaag ^ 00 -5 rt fVou xxxin. 1881. 1980. 471.000 37,000 46:).0O0 30.600 45,299 32.^000 48.000 508.000 122.000 3,500 16.200 18.000 411,299 41,690 37F0OO 43.'200 501.600 90.000 6.800 33.300 2,300 19.400 10,.'i50 15.300 5.2.50 9,3i>0 390 4,!90 11,500 1,006 2S.000 8,750 2,090 7.900 6,470 1,358 6,00fl 228,580 171.660 75,173 133.750 Total European stocks.. .. 736.580 India cotton adoat for Europe. 103,000 Amer'ii cotton ailoal for Eur'pe 430.000 Et!ypt,BraKil,&c.,afltforE'r'pe 43,000 Slock in United States ports .1,147,320 Stock in U. B. Interior ports.. 406,661 United Stftes exports H>-day.. 8,800 673.260 59.000 689.000 41.000 933,688 310.015 49,000 486.472 79.719 693,220 526,750 54 000 Btoch at Liverpool E£2 S.S.? : —.. i SB * lif I to> £.aS 05 to 1-3 I 9 66 »^ cm OH- M — 5j O M t3 6.^5 'i-ji tctO tots I •-' 10 ecoO tcro M CO ro CP ^1 » O o o o «)» -J I -^ ^Q ' MtvO ^o 1 tCWo tcio M to to CO CO a «to *. M C n o o 1878. 000 Antwerp Stock at other oontl'ntaJ ports. Pfl^lO •t-i^to R)0 I Utvo coo e^ct I cicjo lOrio ,^.-10 s I CO C.13U) <» e 1 ro It- If- 05 rorco r* to to CC03M '-' K,tOo -*ioO C;0 <lO 1 to to K)tO to to tcro CO dob ob-x) obcjb rc(0o MM*. KlOo lib **cco .144.000 102.000 96.000 Aiuericaii atloat for Europe 480.000 Cniteil States stocli 1,147.320 Uiiited States interior stocks.. 406.661 United States exports to-day.. 8,800 68:^.000 SSS.O-JS aooO CCS stoclcs American 2,500 45.804, 852,910 304.926 300 6'>9'o00 15000 8 19,S'28 294.281 15,000 cctoO too oboo 10 to to to I^The :27.000 37,000 126,.')80 103,000 43.000 &0 Total visible supply Price Mid. Upl.. Liverpool 10 top 3.57,000 310.015 49,000 250,000 25,000 200,000 110,000 09:1.220 6.")9.000 852.910 361.926 849.828 294,281 15.000 300 2,488,781 2,434,703 2,180,356 2,123.109 Total East India, Total American ® "^ I — OS 7000 4 000 Omtinental Bast Indian.Brazil, ite,~ Liverpool stock London stock Con tinentai stocks India afloat for Kurope ERypt, Brazil, &c., afloat Stf* I 2 000 6.35G 1.800 POO Liverpool stock Total O'Oi to to 9r''250 9lS SmerUan— IcroO 1^ VT 1879. 3(io Total visible supply 2,925.361 2,754,903 2,.'i23,351 2.413,959 Olthe anove, the totals of .Imoricau and other desoriptioas aro as follows.^ ttOta so I =) M Sttich at Total continental ports ecu 6>» -: . Btocli atocli Btofli Stooli £ I iU r- Tola! Great Britain utook Stock at Havre at Marseilles at Barcelona at HamtiurK at Bremen Stock at Amsterdam Stock at Rotterdam o P • I !?::?<! -;: bales. London to i: ; Utxtok St 103,000 36.600 75,660 59,000 41,000 IIG.OOO 45,299 50.173 79.719 45,804 125,000 4S.00O 43.750 64.000 15,000 436.580 320.260 33C,8 >5 283.750 2.488,781 2,434.703 2,186,356 2,128,109 — 2,925,361 2,754,963 2,.")23,331 2,413.859 UHmd. 6iii(,d. o^i. 615ib:1. imports into Continental ports this week have been 24,000 bales. to to lOtO CO CCCD e)p M — <I I ICtOO 1 tf too tOlOo e*co I ^— to tOUo tOCOo too® The above ceo SM 1 KW §8 1 '-'"00 o; cou CJCO 6-i 8'" -»C0 couo acoo 66 H-»- CO &'-' CI t3 »-• o W Wo o s statement: cS KtO p 03 CO 8|6 ««§ ti.i® ccco uw KtO CIO ccto CJKo MtOO totoO coo too s ^^ UKoiU h-00 MM CCOD I to I 10^ ciiCJiO ^"iCO to too cJ"6o cnto ^<1 »-co I I @ I frrtto sr cccoc tocic cceoO ReeeipU. Shipm'ts AuRusta, Ga Columbus, Ga... Macon, Ga Montgotu'ry.Ala. Selma, Ala Memphis, Tenn.. Nashville, Tenn. Dallas, Texas. .. Jetterson, Tex. Shreveport, La. Vicksburg, Miss. Columbus, Miss. Eufaula, Ala coco to to OiX e'I 1-1 —v CfCOc tocbo cco» 10 10 66 to to 66 Cw» is I 0-05 ISO s S ^— 1 tOUo 660 cut lOtJo 660 tOC3 C.60 <JJO 00 It-C C/. cno 61 I $: I in ijeptember. 1881, for 8 I SI 3,874 3.530 1,407 20,742 14,247 Total, old ports.. 105,897 96,774 406,661 C160 CCCO Charlotte, N. C. St. Louid, Mo Cincinnati, O.... too Gritlin, WW I Week ending Dee. 24, '80. Newberry, S C. Kalelgh. N. C... September. 314.000 : Beptem- B November, Ih82, 200 at 1 lt>3aH-6o. E Incudes for November, 1882. 20<( at 1 1-60. F Includes for November 1882, 300 at 1 lo7® 11-59. Transferable Orders— Saturday, 1210; Monday. 12 10; Tuesday, 12-15 Wednesday, 12-15 Thursday, 12 Friday, 12 05. 1) Includes for ; ; ShortNoticesforDecember—Saturday, 1208; Monday, 12-05»12-01; Wednesday, 12-05. The following exchanges have been made duripg 14 pd. to cxch. 200 Dec. for Jan. 24 pd. to exch. 300 Jan. 43 pd. to exch. 500 Jan. for Feb. for Mar. •24 pd. to exch. 1.100 Jan. for Fob. •77 pd. to excb. 1,500 Jan. for May. 9,316 5581 3 143 4,()i)5 2,534 17,684 2,423 707 480 3,240 7,626 980 2,301 l,ii67 Receipts. SInpm'ti 8,943 6,103 2,718 3,637 5.593 21.205 3.267 1,471 2,296 4,675 6,792 1,776 4,079 1,541 4,888 4,412 1,300 14,983 22,110 6,232 5,276 1 .Oil8 5,3fi4 5.767 1 6.355 3.190 1,460 979 2,25C 5,765 743 3,845 2,269 3,426 6,600 1,340 10,876 22,162 Slock. 23,539 23,224 9.665 12.0r5 9.548 86,145 14,219 5,60? 4.731 10.506 8,211 7,112 3,794 1,872 19,118 14,989 1,000 38,787 15,942 €) ber-October for October. 416.400; September-NoTember for NoTember, 511,200; also sales for November. 188.i, 3,700. A Includes for November, 1882. 100 at 1 1'70. Includes for November, 1 082, 300 at 1 1 -65. C Includes for November, 1882, 20(1 at ll-CSall-CS. ; Sloek. 8,005 31,701 4.149 28,815 2,0S2 10,S6S 3,632 12,953 2,730 12.500 9,515 103,3-<3 2,1.56 17,431 2,123 4,500 1,400 2,178 1,331 16,69n 8.115 13,376 10,859 1,218 1,809 3,721 1,746 5,017 26,323 8,479 4,-250 12,222 1,307 800 16,287 83 3=.l 16,107 6,763 Ga Atlanta, Ga Rome, Ga to t-h-'CO i-'l-'O Si: ao Includes sales toco ceo WUo >-:oO oo . toi; CJ'*- 2 o utio ecu coos COlO I 10 Dee. 23. '81. I CCWo I Week ending OS 00 I l-CJ tc-i 1880, — CCWo t-O Ol same date of — coco sua Wo in the cotton in sight an increase of 402,010 bales as compared with the corresponding date of 1879 and an increase of 511,502 bales as compared with 1878. At the Interior Ports the movement ^that is the receipts and shipments for the week, and stocks to-night, and for the corr&sponding week of 1880 is set out in detail in the foUowiu? tOWo «coo C: ** to to an increase figures indicate to-night of 170,398 balas as compared with the ©<-* the week: -20 pd. to exch. 400 9ept. for Apr. -45 pd. to eich. 700 Jan. for Mar. -24 pd. to exch. 500 Jan. for Feb. 1-10 pd. to exch. 300 Jan. for Aug. ^B% V18IBLB Sdfplt of Cottos, as made np \>j cable and ld«g:raph, is as follows. The Continental stocks are the fignreo of last Saturday, but the totals for Great Britain and the afloat for the Continent are this week's returns, and consequently brought down to Thursday eyening; hence, to make the totals the I'etersburg, Va.. Louisville. Ky... Little Rock. Ark. Breuham.Tex... Houston, Toi Total, now Total, all ports 120,811 105,020 310,01* 866 866 744 765 658 398 2,663 1,233 2,276 1,018 1,187 1,0S2 2,086 3,000 3,171 730 546 814 1,580 1,468 1,653 27,214 2,001 1,317 1,001 26.109 4,818 1,536 3,679 20,068 35.496 34.632 43,472 760 9-20 16,069 15,488 2.500 5,684 9,869 3.293 2,442 25,831 25.202 22,837 50,363 2,341 1,270 131,099 119.611 457,024 156,307 139,652 353,4»7 The abi ,Te totals show that the old interior stocks have increased during the week 9,123 balf s, and are to-night 96,646 bales more than at the same pericd last year. The receipts at the same towns have been 14,914 bales less than the same week last year. — Rbcbipts from tub Plantations. The following table at prepared for the purpose of indicating the actual movement each week from the plantations. Receipts at the outports are sometimes misleading, as they are made np more largely one year than another, at the expense of the interior stocks. We reach, therefore, a safer conclusion through a comparative statement like the following. In reply to freq^uent inquiries we will add that these figures, of course, do not include overland receipts of Southern consumption; they are simply a statement of the — OlMiaum u, THE CHIIONICLE 1881.) -•tn" wMkly movraient from the pUntatioiu of that put of tb« whioh floAUj reaohM thn market throoj^h th» oat-porta. rsoM rLAKTATium, oop n—lpUMOuParU. law. oot. 7. ;i. " «i. " II. l». " ». PM. ». " 10. Mil. un. UM. laat. MM. a.44 ;88l SS.WI IM.TCB iva.ote *i»sn 8 7JII <l 1.407 iTa,ii7« 81^100 SAJOB .711 «B.08T«Bi.i*«ai«.aw 188.909 MM.TCB aBtJM M8JS7 n^a•l UOJIS llftJMS iM.«ao 187.IM 817, las j«B.«M «n.497 8a*,*u «<J80 aia.<M ioa.ai8 IWI.S37 n«.w«»4i3« 806.708 871 .80» 848. 1«T tt*.ir« aos,iM a«i/«7s a»«.iN8 MT.SIl 888,1108 804.887 910.777 841.011 majHi KMm MUMH »t7 I0»84M« 888.010 »4a/ui 817 870 J47 8 «.B48 8'S.ira7 <<3tl,4M n8,"» SISJSOS iM.tM a>TJU8tl4.M« 887488 M7.IW1 S37.i)m'wi,i«.tb«i.«iia 810.0tS 40«,«Sll8S8.0«4 838.771 a,97S «i«.ia7 ISl.dTH •48.187 th* lowsat 44, Md a« nIafUl tmiUi om iMfc kndndtte We llt*fufnm PlmU-mt «3a.»ii S4MI8 * - law. t MtHor Pmt i«0.4aiiIiwj)M iToaio M.aia io*,oa« 188.114 ll^44» :«i,Ti4J«io.a«] I8G.0M 81.217 ltl.80' laa.iM I8I.0W «8'.I7« - M. Not. 4. • I mac* M Md aDd foity-MTM Kcum (TMk twlDf 721 SaeannoA, ffeorcria.— bat* bad lala on daf of paat week, aod th« balaoM of th« wo«k bait baia om IW ftmm^ iaa|ndfRMB H loTI, avnrairlaf M^wt The thermnmeti^ haa the rainfall rrinhod nln-iy-foor boadradtlM <if an Inch. Auffutta, &«or^.—Th« oarij part of ih^ paai WMk iW weather was olMT and pUaMSt, bat darto^r thn latter pottioa wahad light rain on two days. Plaaturs ara oaadtaf tfeilr crop to market freely. Ararat tbamooiatar M. bif hMt and lowest 81. The ratafall naehad sixty baodrwdtha of aa M inch. Atlanta. Georgia.— yin have had rain on threo daya of tb« past week, the rainfall reaehing one laob and twratr-t>o« bnadredtha. The thermometer haa ranged from 39 to ^4. arerac- ^ ing49. The aboTS statement nhowfi 1. That the total r^cHipts from the plantationo dinca Sept 1 In 1881 waw 3.312,584 bales; In 1880 were 8,S46,736 bales; in 1879 were 3.370,174 bales. 2. That, although the reoeipta at the eut-porta the past week were 'JOl.SiSS bales, the autaal movement from plantationa wa« 310,978 balea, the balance goinir to inoreafte the atooka at the int<^rior porta. Last year the receipts from the plantation)* for the same week were 253,771 balea and for 187a the y were 229,024 balai. CharUHon, SotUfi Carolina.— Ithu rained on three days of the paat week, the rainfall reachiofr onn inob and seTeaty-ehrht hundredths. Average thermometer S5, higbeat and lowiai t$ The following HtatHment we have also roerivad by telairrapfc! •ihowing the height of the tiveni at the poiata named at 8 o'dott M December 22, 1881, and December 'it, l&O. Dt. I^eti. 33.-'ai. JIM. ntV* Inch, HewOrlBana JilML BelvwhlRbwaterinark.. 8 1 e M.tiu|ilils Above luw-wkt«r mark... 10 id 1. MMbvlUe Above low- w»ter mark... 21 11 • 4 Shreveport Above law-w»teriii»rk. 13 10 14 Xvieksbarc Abare low-water mark... Ti 1 3u » New Orleans reported below high-water mark of IS71 ontU Sept. 0, 1874, when the zero of gauge was ehanged to high-water ."V . . WEiTHEB Rbpobtb bt Tblboraph.—There has been rain in most aeetions of the South daring the paat week, and the temperature has been lower, bat the rain haa generally been light and the temperature high for thi; season of the year, except in Texas, where ice ia reported in half the State. mark of April 15 and 16, 1374, which ia e-lOtha of a foot 1871. or 16 feet above low-water mark at that polnk. abor* Nbw York Corroa Excaairoa Hbmbsbarip. &c.—Thrva new Texas.— It haa rained hard on two days of the members have been eleeted to the New York Cotton Biehaage : Ilnrman not^hl, New Orlemui; past week, the rainfall reaching two inches and eighty-one VriUliini Mp(;ii,iiey, New York City; hondredths. Ice formed this week in half of the State. AverI>oonuril I. Ut^uu, of Hentz dt Co., New York Oltjr. age thermometer S4, highest 63 and Iowe.>^ 44. and five applicants are atill to be voted on. S«-ata rnatinue in Iniiianola, Texas. We have had ahowera on three daya of demand, aud $5,900, the highest price hitherto, haa beoa paid Balvesto-n, — the past week, but as the week closes there haa been a favorable change in the weather. The rainfall reached foi-ty-nine hnndredtha of an inch. The thermometer baa ranged from 40 to 64, averaging 55 Dallas, Texas.— It has been showery on one day of the paat week, the rainfall reaching fifty-five hnndredtha of an inch. The wheat planting; has been very large. Ice formed thia week in this vicinity on two nights. Average thermometer 45, highest 64 and lowest 28. Brenham, Texas. It has been showery on one day of the The thermoaneter has averaged 49, the highest being paat week and the lowest 38. The rainfall reached fifty hundredths of — . M an inch. New Orleans, Louisiana.— yfe have had rain on three daya of the paat week, the rainfall reaching one inch and aeventy-flve hundredths. The thermometer haa averaged 57. Shreveport, Louisiana. Telegram not received. Vicksburg, Mississippi. We have had rain'on three days of the past waek. The weather has been cool. Columbus, Mississippi.— yf Id have had rain on three daya of the pait week, the rainfall reaching one inch and forty-nine hundredths. The thermometer has averaged 55, ranging from — — 40 to 68. — — Arkansas. Telegram not received. Nashville, Tennessee. We have had rain on three days of the past week, the rainfall reaching two inches and aixteen hundredths. The thermometer haa ranged from 28 to 61, averagLittle Rock, ing 48. Mobile, Albatna, It has been showery on one day and has rained severely on two days of the past week, the rainfall reaching two inches and thirty-five hnndredtha. Aver.age thermometer 56, highest 68 and lowest 37. Montgomery, Alabama.— Vfe have had rain on four daya during the past week, on one of which tt rained very hard, and the balance of the week haa been cloudy. The rainfall reached — three inches and and eighty-one hundredths. The thermometer haa averaged 54, ranging from 35 to 68. Selma, Alabama.— It htm rained on four daya of the paat week, the rainfall reaching one inch and eighty-five hnndredtha. The thermometer has averaged 49. Madison, Florida.— Te\esnm not received. Macon, Qeorgia.— it has rained on one day during the paat week. Planters are marketing their crop freely. The ther- for one. A proposal to cloae the Exchange, aa usnal at this seaaon, onDecember 24, 27 and 31, also on Jannary 3, was defeat<4d. It would appear that operators conaider the position of eatton too nncertain to allow of the intermption of bnsinesa, aa bad lieeome customary in former years. Now it is requested to make at least Saturday, December 31, an extra holiday. The names of the following visitors have been entered ainea December 1, the date of the visit being alao atated 2-E. 0. MiUor. Mobile. 12- William Tbomp upeoa. Tasas. LInuen Cook, Fall niver. 3—C. L. Slegnl, Kiclimond. C. C Johnston, Liverpool. K. K. Qudsou, UlaMailpni. T. H. Mllbiirn, Mrmpbls. I. U. Uadson, MlMlotiupi. O. II. W. Upk«. Baltimore. Dr. C. E. FlomlDS. 8. C. IS M. B. 'laylor, AhtlHuna. .~>— Cslonol S. M. Thompsun, Tu«cnmbla, Ala. A. J. Tavlnr, Alabama. : , — 7—T. Tbeo. Ilooper, Baltimore. 6-r. N. Weathcrl}-, 8. C. Dr. A. J. DeRoAolt, N. C. C. V. .lorrott. llopkinavlUe, K. Wllaon, New Orleani. R. J. Hubbard. New York. le— I. Kj. R. Monro. Mobile. Y. B. Wllliamt. Utlca, C. W. Smith. Woroeater. E. H. Leo, RalciKh, 8. C. N 8. 17— Rtuh. Taylor, Alabama. li»— Edwam Paltoo. l.ouUvllle. I. W. Ruoker, Atheoa. C.a. Ocorge I. Balnea. Oavanaab. 9— 8. Purkcr. Jr., R. T. Lacy. Virginia. W. P. abayoek, at. LouU. Wailawortb, North CaroUns. H. C. West, 81. iMOit. Chicago. 20— E. 10—S. B. Onion, Liverpool. 12— W. I.aiubloy, Liverpool. J. J. Doiiithty. Anguatii. D. C. GUaingfl. Texnu.) Samuel — M>ison, Jr.. I.lvarpool. 22-H. M. Walkur, UverpaoL Jdtb BiTTR, B&ani>'(«, &c. ^There ia not much demand for parceln on spot, bat there is more inr^tiiry for future deliverr. The markttt U rather steadier and holders are asking a ahada higher prico.') than at the date of our last, ami at the cloaa the qiiotitious are Oc. for 1^ lbs., lOo. for 2 lbs. aad lie. for standard grades. There have been aalea of aome 400 roUa in email lota for present wanta. Jute batta ac» not very activcr bat there ia a steady trade demand for small pareeb, aod ia the segregate about 2,000 balea have been placed. There ia no change to note ia price.s, which are ateadily held at V^c. tor paper grades andS@3 l-16c. for bagging quality. Port Rbcbifto and Dailt Chop HoTnaiT.— comparison of the port movement by weeka U not aoenzata aa the weeks in different years do not end on the aame day of the month. We have con.sequently added to our other MvMag tables a daily and monthly atatement, that the reader m^y con.stantly have before him the data for seeinfc the exact ralalif« movement for the years named. The BoreaMat each moalk. since September 1, 1381, haa been aa followa: Ooia>.\EATiVE A Tear Btgiiuttng Stplt mhir Jlon(hly ReeeiptJ. Bspt'mb'r Oototier.. Novemb'r mometer has ranged from 30 to 75, averaging 54. Columbus, Georgia.—lt has rained on two daya of the paat lotalrear week. It is claimed that about three-quarters of the crop has been marketed. The thermometer has averaged 60, the highest Cien. B. P. Pattocson, Memphia. Uigor a. W. Emocb. Kentaokr. A. W. Majrer, VlnclDla. L. Ferguson, Liverpool. B. P. Freeman, Ikuton. 1830. 1881. 458.478 433,05 827,849 908,3 H 937.578 1,006,501 1879. 1878. 333,043 888.818 089,364 779.335 889,49-.' 912,27 1. 1877. 98.491 578,533 832.493 2,137.484 3,433,307 3,lftl,407 1,757,84; I,4»9,5r Pero'tageottot.pari 43117 3951 31 SO 41 42 receipt* Nov. 30 . U7*. SS«.86S 97»,9a» 901 .39S 1.813,M» 44-ai „ . THE (MRONICLE. 722 This statement shows that up to Nov. 30 the receipts at the year were 245,813 bales less than in 1880 and 23,077 bales more tlian at the same time in 1878-79. By adding to the above totals to Nov. 30 the daily receipts since that time, we shall be able to reach an exact compari83n of the movement ports this for the different years. 1878. 1879. 1880. 1881. 1876 1877. Tot.Nv.30 2,187,484 2,433,297 2,164,107 1,757,319 1,499,517 1,813,520 8. 21,387 30,821 52.479 26,647 36.867 Deo. 1.... S. 21,089 " 2.... 30,886 39,978 29,216 45,332 40,703 S. " 8.... 40,891 28.110 48,897 34,006 " 4.... 41.873 25,675 23,532 27,179 8. 30,316 31,662 19,608 30,938 20,766 " 5.... 51,134 S. 32,325 68,291 36,219 " 6.... 36,016 31,799 63,166 21,767 25,563 23,111 " 7.... 8. 30,136 36,174 33.072 " 8.... 8. 22,784 29,263 43,236 40,865 " 9.... 8. 26,981 31,502 58.561 42.401 25,055 8. 47,969 59,133 37,914 28,693 39,377 "10.... 35,816 42.863 30,836 8. 41,993 33,164 "11.... 29,247 30,614 25,895 8. 50,014 "12.... 50,059 39,011 29,426 46,021 42,522 "13.... 30,942 37,733 31,300 " 14.... 26,923 33,977 B. 32,913 30,650 8. 32,893 35,612 " 15.... 45,251 36,960 33,332 8. 23,479 " 16.... 52,468 30.412 46,325 40,452 50,328 8. 33,308 • 17.. 32,588 28,929 49,541 34,519 43,313 35,179 " 18.... 30,473 S. 39,619 38.346 31,246 25,930 " 19.... 42.450 8. 45,560 30,037 23,675 31,074 " 20.... 31,874 25,260 43,275 45,471 22,581 8. 27,899 37,419 26,156 "21.... 31,722 25,931 S. 46,158 " 22.... 25,775 35,119 8. 28,042 28,891 55,201 32,077 40,831 "23.... Total..... movement up to date, total years 5822 64-44 55-29 December US in each of the years named. Cotton Motbmemt from all Ports.—The figures which are now collected for us, and forwarded by cable each Friday, of the shipments from Calcutta, Madras, Tuticorin, Carwar, &c., •lable us, in connection with our previously-received report from Bombay, to furnish our readers with a full and complete India IiroiA movement for each week. We tirst give the Bombay statement for the week and year, bringing the figures down to Dec. 23. BOMBAY RECEIPTS AND SHIPMEST8 FOR FOCR TEARS. Shipments Tear Oreal ContiBrit'n. Shipments since Jan. thia week. nent. Oreat Britain Total. Continent. 1. Total. Alexandria, Egypt, 1881. Dee. 22. Becelpts (cantars*)— This week.... Since Sept. 1 To Ll verppol To Continent .... .... Total Europe * 980.000 35.000 1,363,000 909.000 IS. 000 1,186,000 611.000 3.000 868.000 727.000 6,000 924,000 12,000 102,000 14,000 106,000 8,000 154.606 9,170 51,521 3,351 35,313 11,000 79,850 lbs. This statement shows that the receipts for the week ending Dec. 22 were 160,000 cantars and the shipments to aU Europe were 21,170 bales. Manchester Market. —Our report Tear. (treat Britain. Continent. Shipments since January Total. 1881 3,000 2,000 5,000 1880 1879 1878 i'.ooo 4,606 5,606 Continent. Oreat Britain. Totat. 87,000 87,000 111,000 72,000 225.000 223,000 209,000 144,000 1. We give of twists and shirtings, and that the market is quiet. the prices of to-day below, and leave previous weeks' prices for comparison: 1881. 9H 32» Cop. d. 9 6 6 -as as a8 lis 6 6 ®8 li« 93891016 6 6 ®8 114 93e»10is 6 6 ®8 lia 938910% 6 6 ®8 lia 914310 6 6 as O 938*10 6 6 ®8 9^« 9>4310 9i«al0 6 6 6 Europe from— Bombay All other p'rti. Total Iwist. d. d. 933 914 e'lfl 914® 10 6»ia 61s 6liia IS'is 69, R 6-Il6 « 10 18 » 10 a 914 958 9=8 91a 95e 9=8 8. 9 ®S 9 9 -as 9 -as d. d. 6% 6^ 6I3 6I18 63b 61 'i» -3iS 7i«a7 1013 9 '8 a 10 9 9 9 a 10 a a 10 -as SH -as -as 88 a 10 The Exports of Cottos from New York compared with d. 938® 1019 638 6'ie 638 Mid. Upttif this 611,8. 6S» 11* 613i, lis GII18. week show an week, the total reaching 15,578Below we give our usual bales, against 8,781 bales last week. table showing the exports of cotton from New York, and their direction, for each of the last four weeks; also the total export* and direction since September 1, 1881, and in the last tolamn the total for the same period of the previous year: increase, as Exports OF Cotton (balks) last from New Tork sincb Sept. 1. Exported to— A'or. Liverpool 5,89; Other British ports Dec. De^:. 7. 14. 1981. Same Dec. 21. Total since period previ'ui Sept. 1 year. 6,118 13,975 121.120 144.220 599i ... 6,655 3,10a 9,353 I Havre 312,00f 310,000 320,000 216,000 25 1,304 258 14,310 19,514 Other French ports Total French Bremen and Hanover 1,045 Hamburg , 25 1,304 258 11,310 19,614 247 250 559 300 500 1,115 "200 13,204 10,257 2,140 18,017 14.042 4,092 497 1,359, 1,315 25,901 36,151 737 460 95» 737 1,413- Other ports Total to North. Europe 1,146 Spain, Op'rto, aibralt'r,&c All other 200 Total Spain, Ac 8.781 15.578 165.476 207,9o» 7.238 10,173 The Following abb the Receipts op Cotton at New York, Boston, Philadelphia and Baltimore for the past week, ai.d since September 1. 1881: totals for this 1880. 1881. J* all d. d. d. s. 9»a 6 9% 6 g's 6 •» 91b» Oott'n 8I4 lbs. Shirtings. 32» Cop. Mid Up </s Shirtings. Twist. Oot.21 ' 28 Not. 4 " 11 " 18 " 25 Deo. 2 " 9 " 16 " 23 1880. Colt'n lbs. OsAND Total week show that the movement from the ports wther than Bombay is 5,000 bales more than same week Isat year. For the whole of India, therefore, the total shipments this week and since Jan. 1, 1881, and for the corresponding weeks and periods of the two previous years, are as follows. aXPOBTS TO BCROBS FROM ALL nn>IA. The above received from Manchester to-night states that there has been no material change in prices Total to Qreat Britain 5,892 9,951 6.118 13,975 121,528 150,875 CARWAR, RAKOOOM AHD KURRACHBB. this week. This Since week. Sept. 1. 21,170 153,.521 17,351 111.343 19,000 234,456 A cantar is 98 1. the same week and years has been as follows. Shipments This Since week. Sept. 1. Week ending— According to the foregoing, Bombay appears to show au increase eompared vrith last year in the week's receipts of 17,000 bales, and an increase in shipments of 8,000 bales, and the shipments since January 1 show aa increase of 71,000 bales. The movement at Calcutta, Madras, Tuticoria, Carwar, &c., for •A1/3DTTA. MADRAS, XnTXCOara, 150,000 2.290.000 Exports (bales)— 30. 1881 11,000 13,000 23,000 370.000 610.000 1880 7,000 8,000 15,000 37.'>.000 .534,000 2,000 -J62.000 379.000 1879 2.000 3,000 3,000 3^3,000 401.000 1878 1879. 120.000 1,505,500 This Since week. Sept. 1. Since Jan. for the three 1880. 160,000 1.817.550 Receipts. This Week. and of the previous two years. A. This statement shows that the receipts since Sept. 1 up to to-night are now 256,421 bales less than they were to the same day of the month in 1880 and 29,587 bales more than they were We add to the table to' the same day of the month in 1879. the peroentages of total port receipts which had been received to 22, at all India ports. — 6013 4921 week ending Dec. for the Alexandria Recbipts aitd Shipmests. Through arrangements we have made with Messrs. Davies, Benachi & Co., of Liverpool and Aleiandria, we now receive a weekly cable of the movements of cotton at Alexandria, Egypt. The following are the receipt* and shipments for the past week and for the coi responding week ^911.158 3,197,879 2,911,871 2,159,258 2,140,003 2,428,565 Feroentag 3 Of total port reo'i)t8 Dec. 23 xxxm. [v^oL. ThU Since tceek. Jan. 23.000 5,000 980,000 312,000 1. 28,000 1,292,000 This 1879. Since This Since Jan. 1. veeek. Jan. 1»,000 909.000 310,000 2,000 5,000 611,000 320,000 15. 000 1.219,000 7,000 961.000 1. tceek. This lant statement affords a very interesting comparison of the Receipts from— New York. Texas Savannah 9,152 119,462 57.768 4,852 136,753 Meblle Florida "712 N. Orl'ans Boston. This This Since amce week. Sept. 1. week. Sept. 1 j Philadelphia. Baltimore. This Since This Since week. Sept.l. week. Sept. 1. 544 20,659 2,916 36,867 1,210 18,608 2,3-23 30,2-20 9,993 8,010 84.651 59,309 2.471 20,592 This year. 50,997 609,673 21,535 192,788 3,015 11,251 8,860 119,616 Last year. 42,2»1 554,712113,631 141,699 1.333 27.381 8,953 I23,06» . 5.i'l8 6,969 92,941 3,179 37,603 13,832 106,200 1,631 North, pts Tenn..io. 12.113 50,729 188 1,468 Porelgn 728 S.Car'lina N Car'llna 1.038 3,232 12,113 11,316 50,546 "946 8,61» 56 . . I Dbokmbbm Ahippixo Stut.'.s til.' M THE CHRONICLK IM1.J Ntwa.—The exportii ot entton from the PnltH pMt wiwk. aH p.<r latent mail r«tarnii, h»»« m«i!hH'l far 8<i 138,i)0;t bales. its th>- .Southern porta R<>ciit>»i.' RrltiiKiilr. .Ntl I City uf .Uoiilntil, t.ftiia ...Kxyi't. l,As<9....I.akt< cUnniplalD. 1.U7U.... Lake Win'.',.'>Uii Moiuhuu, lUOl Naamxtb, l,2ul HorTia, IMK) 1S,07.^ To liiiTru. |wr 8(«Minior Aiiirri<|iie, 133. ..BL Laiueat, IM.. To Itn'tniMi. per Ktt'aiiuT Main, 1,143 l.U.-i To KntirnUiii. |icr Htciiiiiir .MiuM, 200 JUO Raw UHI.KAN8— Ti> l.lv«i|i"ol, piT Mlciimeni Horiba, 0,000 Rollviir. 3,l>00. ..IliTtMr. 1..^(K) .. Uwlnlutor, .'.,734 ... PKinliroke, ^,.^l;:^ ...jwr nhlp ijuooben, 3,U30 iior bark D. H. Waljfii, I.OOi) 32,017 To Hurra, |H\rHt<'»iii»r Klacliiti, 4,.M3....per abliw Charlee, . ft,Ul7....l'V)r<<nliii{cn, :<,se7. . ..(le Martba, 4,t>eb....per bark* Cmliir Croft, 4,070 To To ...l«luy, 2,671 Bromc'ii, pni Htriinici' Cllntoiilu, R,750 2."i,n.'« 8,7.^11 iiareoliiiia, i>ur Imrk Aurora, !!•.% Cbaui.kstiin— I'o Liverpool, ptM' biirkH (HHbel OuKipi. 2,.^00 U|V land and l.'iO Sea Inland. Wild llnntcr. '.;.!'7i Upland and 271 Sen Inland ...iwr barkputuif llornlim, I, :< 14 Upland.. l».-> . ",'201 To Kurcvlona, pit ship AUrfrliia. •J,(liK) Upland 2,'li'0 Satasnah— I'll Liverpool, per inirk Konoimi. 2,1(01 Upluud 2,!I0I To Anistenlani. pvr l>ark lliii. 1,.'>I!0 Upland 1,AOO To Biiroeluuu, per steamer Asturlauo, 5,2D0 Upland per brlK Lola, (i:) I Uidaiid 8,881 Texas— To l,iverniH>l. per i-hip AlUo M. Mmut, S.SSO per burkK Boildderen, 1,2(1 1 Xanrak, 2,0.M 6,Sn2 To Bnrraen. per hrli; Joliuniia Kreuieu, H7.'> b75 WiuiiNoro.s— To I.lvcrpiMil, per barks Catlmirn, 1,323 Preintlden, 1.48H 4,420 ikt liarkenline Kesolnte, 1.018 To Hrennn. per bark Slur of Hope, 1,0«3 1,083 WOBToi.K—To l.lver|K><>l, per Kteaiui'r Peilro, 3, 104.. ..per aliip per barkn Avonport, 3,410 Revolvine l.lKl'f, l.^''<> 18,70S Nicosia, y.710....Z.bina (inndov, :i,714 To Burculou t, pur steamer Jose liuro. 2.00i 2,U9d Boston— To Ll%'eriMiol. fk-r slvainera Istrlau, 570 .Maratbon, 1 .OS.-i. PolyneKlnn. :<U'.» 1 ,9r>4 Phu.auiiu'II1a—To Liverpool, per atejimemBrllidb Crown, 2,000 3,000 ....lUlnoU, 1,000 . . . 138,903 Total. The partioalan of thoao shipmsnta. arranged In oar nsoal form, are as foUows: Amtler- Roller- Bnree- dam. <tam. 2,901 6.892 Wilmington 4,429 18.798 1,994 3,000 Norfolk Boaton PbiUidolp'a ....91,816 23,091 Total. 1,500 l.'S,.'i78 19.^ 04.02.1 2,600 5,881 9,8o9 10,342 7,787 5,492 30,896 87j 1,003 2,098 L>i' I Ih* twiaii lliai fot .!• t, l ,», Dm. oVTbanter aeralax (3M iMt.). aatmr. Uverpool.atMHait. •»•*« Do aaU...* .... Havre, steam... .r. '»»•• Do (all e. • •remen, steam. .«. Do 1. (aU aaiBborg, ateam.d. Do saU...rf. Do saU.-.d. KiUMo, steam sail .•• ««„. • «. 3,000 200 10,774 138,903 1.580 8,333 all n«vVH I , •.« . • u„. "m* «»M- »»• »u «i« ^M *!• *!• Tu «M i\» h» ^M Vm .... .... .... "•••u «•••,. '••n* % % ••••l. •t»»ii .... .... H H H % .... .... .... ^Oompreiaed. — By cable from Livarpool, we have th» foUowlng of the week's Halen, stoeka, Ac, at that port: LiTSRPooi,. •tat.emeni', I>«. 3. Sales of the week balea. Of whieh exporters took Of which siieeolatora took.. fifties Ameriran 53,000 8.20O 57.000 4.100 I — ^>tat stue k KstlioHted Of whli h American— Estim'il Total Imi ort of the week 39.&o> l(;.U<)o 0.4i>> ll.SlKI H.UiH' 50.%.UiM' 4s7.UUi 3 i^tiOU Uo.oOl' 374.OO0 iiy,0o' 1.50(1 19 32.).00« IsS.OOi wbloh Ainertcaa l,U0i lll.OOli 4l.)0«l 2s.l>0< 24I.0O1 I'll, Jim Liverpool market for spoia and futures naeh ilay of tbo Clie dally oloain« prtoea of apul eottoo. bava "•e^n aa follows: Saturdan Xondmy. 4iot. Market, l2:30P.ii .Mid. ( Fkmer. Firm. Cs 6'. Ifsrfna. Thurad'y. ruesday. Msady. Firm. ttsady. ) Upl'dr 8p»c.,bexp 10,000 1,000 613,'; euu loouo 10.000 1.000 10.000 1,000 10,000 1,000 lO.OOO 3.000 Firm. Fimu Firm, Oall. Staady. Maady. Weady. sler asler. Qalat. Steady. Maady. 1.000 .7i4turM. Market, ' 12:30 P.M. j Market, 5 p. > M. ] The aetnal sales of fatnrea at Uverpw>l for the sams we^k are glroa below. These s ties are »a the basis of Uplaads, Low Middling olaose, unless othurwise stated. BATtmniAr. Deliver]/. rt. Doe <?lli, Oec.-Jan Jan.-Feb Fex.-.Mar Mar.- April I oa^'jj I •0»'si 6>3is I Mav-Jiine. .6>*is***H . eilis several sails blown aw.iy. Ot;ADAi,ui"K, sieamor, from Oalveston for New York, NIckenion, with a cargo of c.tion, hides, tallow, Ae., for .Vcw Y»rk, In nttemiiting to cross the bar at (ialvcstoir. Dee. 15, drawing 13 feet of w.tter, «ncour.t're<l a rough sea, and her keel drained on the bntt ui. On jtetting Into deep water she was discovered to be leaking badly. Bhe » as then rtin uiiou the bar. wlioro she lay In a erltieal eomlii ion, wltli five and-a-half feel of water in Uer hold. Her alter bulkhead A sail was placed under the IcakiiiK compartineul, wh re is tight. in a hole of about 8 Inches was founil, probably made from ec.niing ho bole was stop|H>d contact with an anchor lost on the bar. piocewted steamer the from the In l le by A. .M. of the 17th, and on the 18th for New Yck. .Hho hail a hole mwle In her bottom betweau water tank and water tight c impaitiuents. The damage Deo after 1 I tooargols very rtll/ht. ami none was taken out. ... with Hector, steamer. Lax, from New Orleans, Deo. 0, for Liverpool, 4,.">00 bales cotton and other cargo, went aahore on the southwest Iloetor Dec. 1.5. The end of the Marquesas Keys, Florida, prior -m was got ofT after partially dlsoharglog, and was on her way to Key West A. .M. of the 2 )tii. , „ . , _ , Palbbti.nk, Kti^amer (Itr.), before reported at Liverpool, Deo. 4, from Boston, reports, Nov. \iS. several aeaa broke on ho*™.^ eairying away three boats, ic, stripping tbe tarpauUn off No. 5 baton and doing other eonsllerable damage. „ «n j Banzani, steamer (Br.), from New Orleans, at Bremen. Nov. 28, experienced Hlniiig wesu^rly gab s during the whole passage. Ou Hot. 21 experienced a hurricane which lasted six houi;«; i» heavy tea broke on board and washed one boat away, oud did other damage to deok load. on,,*^ July-Aug Deo Barcelona and Malaga, GTm Mar.-Apr Apr.-Muy (Sp.), from S:»vannaU for being di'tained at .\talaita six days, was sent to Port Mataon, Deo. 2, 1 perform (|uanintine. Kxri.oKKK, steimer (Br.), from New Orleans at Liverpool, De". 1, reported having cncoUTitcred a terrific g.ile .Sov. 19, whiih continued up to 30tn, and had two boats damaged, salcMin stove, after wheel and all radvablo things about the deck swept away and Was dlsooveiod around After taking In coal a leak flange of feed pipe. ELViRt, steamer for Reval, put Into Dover, Dac.>Jan Jan.-Feb 4. IMiverjf. I 6aii3»><is e\a»„ d. Delive'ii. Apr.-.May «1| Mh*' .Inn ' ....6"i»*vi Hl»i» June-July July- Aug. .. 63131*7 I «>»u from CTiarleston Atdoy. Fair baa. at prevt. oBsprleaa. 61Im 0"„ Mld.Orrns Bales Mor.-Apr (Br.), 7, for coal. £0,oa» 3.800 7,300 471,000 344,000 59.000 27.500 3mO,000 237.000 werk ending Deo. 23, and Feb.-.Mar cargo. Dec. 76,000 0,500 3 >«<K SA.'OO 327.0IMJ ^3.ootl 3 Amoiiiit afloat j>t~n. 10. 48 .VM 3301 1,8'Xp 4^.^.^lo. Of wh:oh American O.' 3.(01 CI IX Actual eX(Kirt..... Porwanle Om. Dee. 9. 7.V0<X' 4.5011 KOIISAT. 6*7,, Jnly-Ao.; «»<sj Apr.-May 0>iis May-June. ...6''e*»'Ml Feb.-Mar «> Juue-July 6'*is| Mar.-Apr Cabadoc, steamer JH. T|. — ...<l. fW, WUmm. AMi. JfMI. follows: %.n •m»H *n»H *m»** •»•"« •«•% • Amst'd'm, steam.e. "•••w Do ! 1 Cotton frolgbta tbn p«*t wmtk bkva b««a 1,994 reeeired Ui dtte of disasteN to vessels carrying cotton fro-n United States ports, etc.: A^LBBRT, wr«o'ilii< Rteamer, which wux at Indian Harbor takini; la cotton stt'id from ilie wreck of the steamer Rochdale, from Chariest >ii for 8cl>.i»topol, was bnrned on i"np.«(lay by the upsetting of a lamp. One hundred and five bales of cotton were con«u lied, with evurythiuK el« on board. BAinc>VKi.i>, steaumr, from New Orleans for Reral, arrived at Reval with earico of cotton dama>tH<l by Are. The Hre nixlit of Dee. broke out nU'hl of l>oe. 1 and was contained in tha after hold. On Ueo. 2 nearly ail the earjfo had been dlwbariced, and only 40 or 50 bales wore left In the bold. The tire wa< exiiniculsh 'd bof 're It had time to spread. The vessel has sustained tin daniaije, lint the cotton iu the hold at the time is damaged by Are and water, and vrlll have to l>e s«ild. Clisto.nia, steamer (Br.), which cleared from Now Orleans Dec. 14, for Bremen, with cotton, soon after ieavlnif the wharf A. M. of the 15th, eoliidcd with the Vallette dry-dock, damaKinx lt,to the extent of 820,000. The steamer daniaued one of hor outei- pUtes and is leaking. She will have to di.irliarge a portion of hor carjfo and repair, uecesaitatiiig her detention for a week. No daiu:ige to we give Belovr WItl au'i pmtt ml mkHk w«M tbawrwklnflti**"'*' a i^rt i^Mak^fif. I lie wMatbsr e.iiitiii.iA, A si«iaf.r WMseat •n Bif bilala pr.. Tbe tone of the lona. 200 7,20.) Texas Tatal.. Bre- pool. Bavre. men. 2.18 1,145 13,975 3 .',« 17 25,433 5,750 N. Orleans ObarlnstoQ Bavaunuli UA liaaa—j. Ml iMianl • ara 1 • Liver- KewYork trmu Uallfas up tn Dm, of de- I . . iilp<<v, envtion •» an -rtar, M. a Tta « _ aslniu kMtaa. Tw» il—wwi bail bm^ tttj It. Tbrwbaa4r«4 bM« ladUa M ashore at •h<'li<'o.| am con<'Hrn«(1, tbwM »r» the xniiirt export-H rr'pDrl.'l bv teleifrapb, and piihlUliod In th« Ckuo.niclb l»Ht KriiLty. With re^arj to N«\» Vi-rk. we iaolude the inanifestit of »ll reMola olaarod ap to Wodnwdajr nlKbt of thiH week: nual bait: Haw TokK— Tn Urenxiol. piT uteanieni Adriatic, T^T ... Alii-'kii. &!l.5. 728 7 — 0*'ia 1 I I TnCSDAT. Jun.-Feb...6llis»"3a S^ia^Saa Feb.-Mar I ' .May -June .... June-July eVgaWm July-Aug Mar.-Apr. ..«*»s'^o"i« July-Aug .\pr.-.M»y .. Oi3u»''.« April-May I 0"m June^iilr Aug..«ept «'&i« B»ija Tij, e*T^ 7 Apr.-Muy May-Juoe OT. Jane-July. 6^ oil] ta WaDNMDAT. Ang.-Sept Jan.-Feb 6ll,« 611,, l>ec.-Jan.. <»« Jan.-Feb.. War. -A or. 7 1 Feb.-Mar 6Il,s | Apr. .Ma^ 6\ Feh.-Mi»r 6is,(»n,^ OWia Jdne-Jiiiy .Mar -Apr 6t»„ Apr.-May. ....0T»»»1s.j May -June 6^ Deo.-Jaa Oaif^ MayJimo Juiie-July July-Att* 6«*j» ei^is Apr.-May •»)• JoiifrJuly '"M «!»., 0«»j» 6I»,s 0»'j, June-July July-Aug. JiilyAUK 7 TRDBtOAT. Deo 6*lji*1>is Dec.-Jan. I Jan.-Feb Mar.-Apr «"i« May-Jnne. 6«i»2„ 6%»»ij Jan»Jaly. .6«a»"i, Apr-May «t»ia Apr.-May I FaiDAT. e^»l»si Apr.-May Deo Deo.-Jaa Jan.-Feb Feb.-Mar Mar.-Apr -«!ht .Sl>isa*7t<t May-June.-... B»i 6»is«»"B JnoeJuly.... 6*»»*'»i «>»'»« »"is July-Auff S^aMu _ 0»»si Der.-Jao... Jan.-Feb... Mar. Apr JaB»Jiily . . . BREADSTUFFS. FRiOAT. P. M.. December 23. IMl. the part market has been exceedingly dull dnrinc Th* »al««i in important decUneo no wo«k, but thero have beon The floor 1 1 : . . .. : . THE CJHRONICLE. ?24 bnsinesa done was often at lower pricea, but holders were in bnt light stock, and, feeling no great pressure to sell, maintained the range of quotations very nearly as in our last. To- day there was do new feature. The wheat market was depressed and unsettled for most of the week under review. Receipts at the West made a better comparison with last year, and sup^jlies at all points continued The stringency of the money market continued large. to encourage the bears to make fresh attacks upon values, and there were slight reductions from day to day. But the low rates of ocean freights (2%d. by steam to Liverpool) prompted shippers to avail themselves of it, and they have taken room to various ports for fully a million bushels this week. A demand to cover contracts sprung up at theWest, and was soon responded to here. Shippers became free buyers, and the result of it all was that yesterday the declines early in the week were nearly recovered. In the statistics of the Treasury Department subjoined, it will be seen that the exports of wheat from the United States in November, 1881, were much smaller than in XXXin. [Vol. Comparative shipments of flour and grain from the same from Dec. 27, 1880, to Deo. 17. 1831, inclusive, for foui port-s ye.nrs: Fionr bush. WTieat Com 1830. 5,328,425 1879. 7,308,815 1878. 6,063 000 68,289,.'i43 30,969.704 4.172,304 3,059,946 77,398.707 81.159,075 21,191.079 5.531,592 4,010,928 70,115.769 78,389,097 21,424.365 5,309,359 3,711,551 231,970,686 192,321,381 179,153,141 1881. 8,391,187 bbla. 47,363.051 108.597,755 32.935,680 4,753,982 2,2»6,759 Cats Barley Rye Total jrraln.... 195.974,227 Bail shipments ]2.).179,1S9 from Western lake and river ports for the weeks ended 1881. Floor Wheat Com Week 1880. .Week 1879 Week 1878. Dec. 17. Dee. 18. Dee. 20. Dee. 21. bbla. 124,311 215,183 168,360 143,649 bush. 252,121 857.915 310,922 180,903 45,273 209,734 576.250 376.331 127,269 68,014 281,632 645,574 195,007 90.174 45,850 877,495 391.838 184.382 129,635 15,624 Oats Barley Rye Week Total... 1,617,131 1,437,618 1,261,537 1.599,015 November, 1880. To-day the export demand continued brisk, Rail and lake shipments from same ports for last four weeks: but the speculation was easier; No. 2 red winter, $1 42% for Week Flour, WheM, Corn, Oxts, Barley, Pebruary and ?1 45% for March. n>je. endtno— oots. bnsft. bush. bush. bush. bush. Indian corn showed some depression early in the week, but Deo. 17. ..121.311 232.121 922.913 311,922 130.903 45,li73 10...1Jj,643 2i3,635 1.131.821 363,5.'<6 168,703 31,568 not so much as wheat, and as price.s gave way the speculative Deo. Dec. 3. ..121,031 303.275 1,322,206 235.993 189,117 59,712 interest increased, and generally there is no new feature to the Nov. 26. ..109,319 316,790 1,127,199 191,410 130.333 40,858 market. To-day the market was firm; No. 2 mixed, 69/^0. for Tot, 4 wks. 477.857 1.332.811 4.501,1111.134.881 669,063 177.411 January and 71 Mc for February. 4w'ks'80..860,33l 1,230,326 2,503,121 1,697,593 422,921 206,197 Rya has been quiet, but prices remain about steaJy. Barley Receipts of flour and grain at seaboard ports for the week has ruled steadier, several boat loada of No. 1 Canada selling at ended Dec. 17; Flour, Wheat, Corn, Oats, Barley, Rye, $110. Barley malt firm. Buckwheat flour dull. Athbls. bush. bush. bush. biish. bush. Oats have declined, but at the reduction there were on Wed- Sevr York 78.320 267,032 207,078 122,931 49,300 37,390 Boston 33,11^ 47,375 269,100 66,779 18,390 200 nesday and Thursday very active speculations in futures. To- Portland 3,-80 23,.500 63,212 8,300 7.175 8,650 3,226 3,200 500 day the market was quiet No. 2 graded, 48/^c. for mixed and Montreal Pliiladelpbia. .. 20,173 41,1.30 103,000 46,730 46,300 1,000 and for future delivery, No. 2 mixed 49c. for Baltimore 49/^c. for white 28,113 208.400 280,7()1> 23,000 1,000 New Orleans 13.833 16,000 16=,90S 22,578 February. ; ; . . The following are Total week... 131,013 closing quotations: week Oor. Flour. Ho. 2 spring...^ bW. $3 409 3 85 Wheat— No. 2 -winter 3 808 Winter eupertluB 4 703 Spring superflue 4 25» Spring wlieat extraa.. 5 OOa do XX and XXX... H Winter sWpp'K extras. do XX and XXX. Patents . City sliipping extras. Soutliem, bakers' and ramlly -brands Boutli'u St ip'g extras. Eye flour, superflne. Com meal— Western, Ac BrniiflTwine. An Buekw'tflour.lOOlbs. 4 30 5 00 4 7.t 5 35 50® 6 .'.0 00 a 6 50 Wis. &MiEn.ryeiuix. 5 Bprinff Siniag. No. 2,n6W Bed winter Red winter. No, 2 $120 3138 126 3128 27 1 3 9 '4 ff 1 4 -al Com— West, mixed. 3 3 ® 3 3 3 «i6 tiO West. No. 2 G9!ltS fi 75 Western yellow.. Western wbite ... 68 72 6 90a 6 5 4 403 7 2.1 White 75® 6 25 Barley— 653 5 00 Canaila No 3 333 3 75 State, 4-rowed 75» 3 85 State, 2-rowod 553 3 90 BuekwUeat 6503-850 7 25 Kyo Oats— .Mixed 93 47 49 (From *A« " New 7012 At— 43.765 55,056 3,3'0 9,943 2,840 29,830 1,350 Milwaukee Detroit Cleveland Bt. Louis Peoria... Wheat 52 107,378,026 102.062,100 23.968,323 6,159,489 5,289,335 Totalgraln.... 223.190.830 296,103,2'Jl 279,773.836 214,835,273 100 101.6'*1.79;J Exports from Dnited States seaboard ports and from Montreal for week 3 85 81 02 87.926.236 113,613.337 103.016,76 1 21,629.369 6,205,733 4,678,162 Bye t<0 bush. Data Barley From— enciing Dec. 17, 1831: Flour, Wheat, Prodiux EzcKanqt Corn, bush. WJifal, Boston Portland Weehli/.") bush. (60 Ibt.) (56 199.483 303,609 80.276 42,752 1 1 ,675 142.356 5,025 Oalt, Ibg.) 652,408 16,200 103,503 16,822 31,000 301,020 297,450 bush, btisn. (32 lbs.) (48 lbs.) (56 lbs. 443.493 15,102 18 591 9.491 18,031 625 23,300 2,266 8,178 81,753 -Montreal Ptiiladelphla. Baltimore Orleans.. New Barley, bush. 49,150 101,365 23.317 9,500 7,366 22,007 3,200 29,41 10,965 12,800 85.351 121,677 126,250 20,350 6.020 13,150 749,852 508.370 699,275 426.818 63.028 64,416 Total for w'k Same time '80. 86.031 173,138 1881. 8,357,975 Dec 27, 1880, to Dec. 17, Do. afloat Albany Com hush. Data Barley 53.616,015 128,5 0.351 40,355.784 10977,776 Bye Buffalo ,. Jhicaso Milwaukee Totalerain.... 237,093,125 286,130.090 247.802,267 225.642 035 VIonr bbls. Wheat Ittuh. Com Data Barley Bre TotaSljrala.... 1881. 3,439,824 1880. 3,533,720 1879. 3,061,333 1878. 2,713,104 24,192,592 67,656,237 52.158.613 2,581,81? 20.530,013 7,458,366 2,40«,815 59.939.105 39,778,739 13.022,331 7.670,915 2,763,510 51,806,390 14,»02, 1 70 6,986,488 106,322,299 141,772,016 120,176.320 118,466,613 5.1,218,779 39,26-(.529 16.558,042 6,923.160 910,486 20o 484.090 832,175 750,000 1.500 93,000 668.364 350.807 3,802,093 5,867,680 691, X69 3,086 898,909 1,039.177 200,514 6:".0.030 175.000 Louis Boston Toronto Montreal 8(>1.636 Bsltimore DoAVu Misa'pi. On rail bMsh. 5,763,866 701,(i00 Detroit Kansas City.. Comparative receipts (crop movement) at same ports from Angust 1 to Dec. 17, inclusive for four years: 690.811 1.708,000 Oswego Philadelphia Peoria Indianapolis.. 3,584,199 1,929 15,600 500 14,000 hush. 8t. Wheat Peas, bitsh. 69,250 5,262.424 (est.) DiUuth Toledo 1880. 6,803,082 Rye, biish. 974 16 .493 17,52.'* 3.035 10,716 104,924 1 The Visible supply of grain, comprising the stocks in granary %t the principal points of aceumulatioa at lake and seaboard porta, and in transit by rail and water, Dec. 17, 1881, was as follows: Wheal, Oats, Com, Barley, Bye, In store at— Total receipts at same ports from 1881, inclusive, for four years Oats, bush. 190,311 115,034 65,212 162 Hew York Total 144.174 785,176 1,418.403 Bama tima '80. 247,1401,608,227 2,219,621 Wia. Corn, bush. bush. hbls. 562,177 Torlc 40,090 33,106 127.603,890 137,016,218 23.965,216 5,774.391 2,746,516 97 IXiUuth nonr 307,010 153,600 26,311,431 5.161.907 2,106.437 Com Receipts of flour and grain .\t Western lake and liver parls for the week ending Dec. 17, 1881: Ohlo»(?o Tele<lo 27:>.537 113.000 Total receipts at same ports from Dec. 27, 1830, to Dec. 17, 1881, inclusive, for four years : I-Sl. 1880. 1379. 1878. Plour bbls. 12,213,390 10,933.233 10,923,817 9.617,167 70 70 al 10 31 15 31 Of) 1 Canada bdglit Flour, bb!: (196 Ib/i.) 017.157 l,0',i0,993 303.599 1,539,032 1,123,480 130 3140 5 20'a> 7;i3> 42 1 White 5 3 3 '80.. Grafti. 39.639 18,200 190.000 784.914 700,708 176.3.35 1 22,394 34o,16l 11,194 344,(1(10 391,611 2,031.672 605,000 51.015 538,674 139,336 142,800 73, 60 910,532 63,000 1,264,000 bush. 786,133 58,000 30.500 10,944 020,118 15.705 42,619 37,930 87.bl'3 101.969 3.523 59,578 60.000 193,234 69,200 42,600 1.000 369,000 bush. 67,374 300,000 176.000 328,444 243,337 240.769 bush. 146.497 214.000 57.000 10,059 373.538 98,777 15,964 23,167 13,911 900,<)00 40.000 86,910 3,035 12.030 35,896 79.264 3,973 211.331 23,463 9,073 156,964 18,300 6,071 196,703 48,873 3,565 18.246.398 17,932.268 2,389.090 2.854.627 1,323,911 18 303.725 18.399,904 2.719,017 3.124.2(i5 1,232,011 18.376.127 18.817.321 2,820,045 3,165.974 1,2,33.216 1 J.3 6.2-i4 20.634,056 2 912,1»6 3,339,027 1,399,000 Nov. 19. '81... 20 6M.3S6 22,407,097 3,271,731 2,914.349 1,236,216 940,916 Dec. 18. '80... 29,;oj -i-ii 16,165,235 3,783,061 3,057,731 The following statement, prepared by the Bureau of Statistics, will show the exports of domestic breadstuffs from the undermentioned customs districts, during the month of Nov,, 1881, aud for the eleven months ended the same, as compared with the corresponding months of the previous year Tot. Dec. 17, 81. Dec. 10, '81 .. Deo. 3, '81... NoT. 28, '81... : o DBCBfUR THE (>HR0N1(JLK 94, 1861.J > 725 booked a good many ordan for fotore dallTery.and mor* aotivlty la likaly to b« developed in tfate eoaoMlkw eoon m m Jobbers have cloned up the traaaaotlon* of the year. Valoea are ateadUy maintained on all the moet ataple gooda. and while jobber* and clothiers are pretty well sapplled for the pre»f nt. toeks In first bands are remarkably light, doliverJM on aocoant of back ordem having for some time past been laige «ioagh to prevent any accomuUtion worthy of mention. Domestic C>tto» Ooodo.—There was a comparatively light bnsineia in cotton goods, and the main featarea of the market are unchanged. Some fair ordew for white goods, piques, &c were placed with agenU (for future deand considerable aalea of clothing ducks and denims quilts, ikirtings, livery), , were made to maniafactnrew; bat otherwise the demand for plain and colored cottons was strictly moderate, buyen having paused in their operations because of the near approach of the "stock-taking" period. Prices, however, are firm and without quotable change. Print cloths were in moderate demand and steady at 4c. less a small discount for 64ie4 "spots" and 3 7-lO03.^c. for SGiGOs. There was a fair movem.ent in shirting print*, but other printed calicoes ruled quiet, and cotton dresa goods were neglected. Staple ginghams met with fair sales, and some orders were placed for dress ginghams, although agents are not yet prepared to show their new spring styles. Domestic VToolem Goods.—There was a steady movement in spring cassimeres, suitings and worsted coatings in execution of back orders, but the amount of new business in these fabri • was strictly moderate. Heavy cassimeres were mostly quiet but fair sales of both all-wool and cotton-warp makes were made in eic-eptional cases. Stocks of men's-wear woolens (both and heavy) are very well in hand, and values are firmly maintained as a rule. Cloakings were generally quiet, and there was a small business in satinets and Kentucky jeans. For flannvls and blankets the demand was chiefly of a hand-tomouth chaiacter, and such was the case with worsted dress goods, shawls, skirts, hosiery and knit underwear. Carpets were mostly quiet, but firm at the late advance. FoKEiG.v Dry Goods have ruled very quiet with importers, an light usual at this stage of the season, and the jobbing trade was The auction rooms made no offerings of special importance, and the sales for the season have been restricted in volume. brought a to close. Importations of Dry Cooda. The importations of dry goods at this port for the week ending Dec. 22, 1S31 and since Jannary 1, and the same facts for the eorrespoading periods of 1880, are as follows: »2S??^ 5 'Inoliidod In ttie foresolns New Uuvon, Milwau- Barley— kee, from Milwaukee and Willamette, the detal s for Nov. totals are the reports Portland, Klcbiuond 1881, being as foUows: Xew Fmt- JtUh- Haven. tand. mond. riii:; Willamelie. S: E Busuels Value $ Indian cornBushels Value 9 Indian com meal— Barrels Value $ : : : : ; : : : •c; ! : ; ; ; *• u tit Oslo I WM^-M)-' ^ici I Cifait-a»o •^ C;i >-> - c;i ra c;* --1 ct 3,700 4^(000} 55 0; 1-3 $ ...... *• O CO Cl b3 ecoro^o Bye— cceso — QD *v Cl c a> l-s MMCOOIM CO to es 105 $ 1 q 775 ...... 8: e; to Oats— Bnnbelg Value -: — ^^ O J- JOQCJSJt'a ODOtOOCO 5l 1^0*^0010 Buaholii Value COM Wheat- Vobt Bushels Value 817.928 813,185 9 Wheat floor- 11 MI3 "iosi'^loio (oaoM<^#>. CO 0D<^fifiCOC0 y M •- ^^ O'fc^MCJ'CO CDIO 315 Barrels Value Total values— Nov., 1881 Nov., 1880 CoO $ iji 18,920 152,770 2,250 $ 35,000 B,005 3,717 181,703 la'jiosi^to 47.137 270,771 ceo box 00 a>a. 152,770 1,091.259 43,037 212,707 a. 31 *! »oao OStO 03i cdVo xro iI oottcaVjo ao«c xta I tSXQD o»»-<i i; -^ CO to u^ -.J 0) ts'm months- 1881 Q1880 S S38.010 51.051,997 S.'i.l.'JO 910,741 1,619,121 4,599.'Se.'i 62.9.J6 1,180,211 1,603.07!* 2,2ti5,731 s M wOCS©-q to CO to THE DRY GOODS TRADE. P December 23. 1««1 The dry goods trade has been veiy quiet the past week, but not more so than is asaally wiMies.sed at this advanced period of the season. There were very few package bayers in the market, and the mildness of the weather has had a depressing effect npon the jobbing trade as reflected in the limited demand for heavy winter goods. Manafactarers' agents repre senting such spring fabrics as shirting prmts, white goods, plain and printed piques, dres-s ginghams, &c., have, however, Friday, M., tO*>tO*^-Y CI CD •tOMCM CO etc — COM* to^ ^wtcco'o SI c^ ro yi tQXOOOO Ik O JO QitO CDCOC^ti^lO :15 4^ ".^ COM is 03t) aoo '--I o |t>U a to I , * -.< c aw c '-z I- 13 c- ;p CI C ct -^l ^ • b CO CO — » 03.— JD3 '^l aDtdsp<si .11— OO-I o p=i;lt3 10 c» -J cop it.io'-'sco i COi;< O'CO X tC w' O • yi *^ -^ »J 1 MCtC«-CO» -i( ccx'xu'c! •J- -re:* *iwcc:= 1 M c ra t>' -• THE CSROmCLK 726 Financial. Financial. AMERICAN NEW YORK, PHILADELPHIA, POllTLANO BLOCK, CHICAGO. 3 NASSAU ? ifc ST., ST., Capital Stocli, $1,000,000 SOUND INVESTMENT SECUHITIES furnished to Corporate and Private Investors. CAPITAL FORNISHBL) OK PEOCUBED for Railroad Companies havinpr lines under construction, and their Bonds purchased or ncKotiated. FINANCIAIj NEUOTIATIONS conducted for States, Counties. Towns and Cities, and for Railroad Companies and other Corporations. WILL CONDUCT TUB FINANCIAL RE-ORGANIZATION of Hailroad Compan'es and other Corporations whose property Receivers or Trustees. in the is securities. Interest allowed on deposits. ^Investments carefully attended & Members N. So. plication. JOHN C. SHORT, President. JOHN C. NEW. Vice-President. WM. P. AVATSOV, Scc'y and Treas. w. W. l.i BROKER IN ViC'UURKi^'r f>,ti> UKITIES. CORIlESPOVI>EN'C<'; PR03IPTLY ATTKNIH D TO. i4.i'roHE;N. CLDAE STREET, NEW yORK. jAmii:.<« E F. & Wierum, OlTO C. WIERU.M. WASHINGTON, CO., and sold on commission for cash R. assortment always in of desirable bonds No. 25 Nassau Street, Thirteen Years' Membership in solicited. & Kimball Co., J. BANKERS AND BROKERS, hand. Correspondence .>e\v New York Stock Exchange. A. W. Beasley «e J. & Co., STANTON, DEALER New York, rhicago fit St. Limis Subscription, and other quotable Construction Stocks. BASEMENT. INVKSTOTEIVr & SEC3URITY ItfiGIS- 69 WE.ST JOSKPa THIRD P. 1.LOTD. WALL: 40 NEW 8TKEET, This Exchange will O. McKeaii, STREBT, NEW YORK. Buy and sell— on commission— Government, Rail way and Miscellaneous Securities. Receive deposit* Bnb j ect to check, and ailow interest on balances. No. 80""^ 1881. Boardman, BROADWAY, Rooms Branch Office, Troy, N. Connected by Private Wire. KEW YORK. opened on and after 1««1, from 9 A. M. to 4 P. M. be HURSD .y, i.ec. 1. for dealings under the co-oi.erative contract sysin all active >tocki*. Investment «nd Unlisted Securities, on a niarjfin yf one or more per cent as agreed upon betwcfn biuers und sellers airect, and at a reduced expense for biokemge. Contracts for not less th m 100 shares. Marg.na deposited In Trust Company. JO HN L. UubSON. Secretary tem, (oLLlj^S.^OUDEpj 3Jej^i^ins, 37 & 38. Y., ALL securities dealt in at the New York Stock ExchanKe bau^lit and sold ou commission and oar. Tied on a fair margin. INTEREST allowed on credit balances. WALL. STREET, NEW YORK. GAS STOCKS AND 25fme§T. Purchage and »nd sell OAS SECURITIES, -rte-JU^ORK; on Commission RAILROAD BONDS and STOCKS, and all NEW YORK •lasses of Securities dealt in at the STOCK EXCHANGE, or all reputable Securities bought and sold In the OPEN MARKET. LOANS »nd COMMERCIAL PAPER negotiated. ptA on DKPOSITS, subject to check. and Intorest STREET BAILBOAD STOCKS AND BONDS AND ALI, KINDS OF BROOKLYN SECURITIES DEAIiT Fifth Avenue), Mining Stocks bought Phila^telpliUi, New Haven. Frank Wilming- Boston, liridgeport Beers, B. STOCKS, LiOCAI, MDNICIPAL BONDS, «AS $X:CVHITIE!8, COURT STREET, IG 31 Brooklyn. Alex. 8. PINE STREET Neir Tork. Clark U. B. BACOK & Clark Bacon, 3 Pine Street, New York, Puyand sell on commission all Securities dealt in lit the New Yorlc Stock and the New Yorlt Mining ICxchanKes. Deposits received and interest allowed on balances. Wm. Wm.d. Hatch, Member N. Y. Steele Sxeb. B. Kbndali.. IN. BHa aAS QUOTATIONS IN THIS PAPBS. WALL STREET, BANKERS AND BROKERS. Refer to Messrs. FiSK Geouoe Stark. & IIATCH. John George Stark & F. Stabk. Co,, No. 33 NASSAU STREET, NEW YORK. Buy and sell Investment Securities for cash or on commission. A specialty made of Western Farm Mortgages bearing from 7 to 10 per cent interest. Will undertake the neffotiatlon of loans upon Western ('ity propprt,v in lar^e or Hmuil amounts. W. WlI-I,IAM KOBiSON, C. Floyj)-.Ionks Members oi the K. T. Stock Excliange. Floyd- Jones & Robison, BANKERS AND BROKERS, EXCHANGE COURT. No. 2 Bonds and all Investn^ent Securities bought and sold [strictly on commission] for cash Stocks, or on margin. flounty, ^^ CUy ifc Town BondH oi We«t. States* yWiBcon^in Central St. .lOBCph fit. GOVERNMENT Special I'iinr.er. (Branch Office, 180 All classes of Railw:4yund Geo. H. Prentiss, No. 17 ' No I.ogan, TRAVBUS, No. 31 CINCINNATI, W. C. MCKKAN & Lansdale O. Prince & Whitely, 64 BHOADWAV, XK^W YORK, Member of N. Y. Stock Kxch'ge Lloyd 34 ST., Whitely, H. Cruoer Oaklet aiaynard c. Eyus. J D. Prince, Jas^. & Co. STOCK BROKER, (LIMITED.) INCORPORATED, i'articular attention paid to orders by mail or tele- Kraph. BANKERS AND BROKERS, 74 BROADWAY, NEW YORK, IN American Cable Construction Company. Continental Constiuction and Improvement Co., North River Construction Company, Ohio Centr,fl Subscriptions, Richmond & We t Pt. Terminal & Whousing Co. aXl ^ Cecil, Zimmerman BROADWAr, NEW YORK. S. Kimball, a. b.Lounsbkky, F. e. balla&d Members of N. Y. Stock Exchanse. NEW YORK CINCINNATI, O.: GEO. W. Cecil, TnnM»a W. „ P. yoM^SMember N.Y. Stock Ex. m. wilshikb. vy. M. Zimmerman. : BROiDWAY, N~W YORK. BANKERS AND BROKERS, Yoik. R.J. ADDRESS: No. 80 Sell on Commission, for cash or oa maruH s^ecurities dealt in ut the New York Stock KxchanKe. Interest allowed on daily b:ilances. ton. Baltimore, Washir.Kton, D. C An 3413. Walker, Buy and A General BankiuK Business Transacted. Securities bought or on margin. & and sold on Commission. Private Telegraph Wires to BRANCH Office: & BATEillAN WAXKEB. N. gin. \V. U. of the N. Y. Stock Exchange, W. . Rutter BANKKR AND bKOKER, Member N. \ Stock Exchange. BANKERS AND BROKERS, Trow bridge, . Y. Stock Exchange. of N. T. Ptock Exchange. M. Rt^TEK, Harry iNVESTMEXT SECURITIES. BOX & No. 72 . Advances made on approved collateral at the market rate. Deposits received subject to check at si*rht. 4 per cent interest allowed on all daily bHittnces. Orders executed at London, San Francisco, Boston, Philadelphia and Baltiniuro KxchiinRes. P. S.— My New York Weekly Klnancial Report Is mailed free of charge on applirntton. 70 P.O. correspondents C. BROAU OR '^7 WALl. STREET, NEW YORK. No. 5 Firsi Class Inv stments. COMJIISalON purchase and sale of Stocks and Bonds on Margin or for investment. Complete Financial Report issued weekly to our Member of 50 EXCHANGE PLACE, Brokers in Uailroad Stocks and Bonds, CH.tS. K. RANllAf.T., Memb er N. V. .'^locic Exchnnfee Practices in the District, Circuit and Supreme Courts of tlie United States and of tlie Stat*', in all classes of cas^-t^. Has nn other btisines-, and devotes his personal attention and ail his time exciuRefers to Bank of Moaroe. ifiveiy to h.s profession. MEMBERS OF THE N. Y STOCK BXCHANQB. A strictly commission business conducted in the Member NEW YORK. STREKT, WAlil, Randall and Attorney. Solicitor ST., CORNELIUS W. OLLIFFK, Member of N. „„.„ EDMUND „P. SCHMIUT, Exohan^e OOVJEIiXMENTS * FOREIGN EXCHANGE. Farmer, MONROE, LOUISIANA. Conns<lor, V. Stock Groesbeck & Schley, BROKERS, or tlieni into interest-paying investments. Circulars and other information furnished on ap- Coleman Benedict & Co. No. 24 BROAD NEW YORK, STOCKS ANO BONDS, Olliffe Schmidt, BROADWAY & No. 13 NEW ST., STOCKS AND BONDS BOUGHT AND SOLD ON BROKERS FOR THE PURCHASE ANB COMMISSION. SALE OP RAILROAD SECURITIES. Kbnest Gkoksbeck, Grant b. schlkt. Corarais^ion. convert to. Glazier, Kohn Co., BANKERS AND BROKERS, 66 BROADWAY AND 19 NEW STREET, NEW YORK. hands of WILL BUY Oa SELL DBFAULTKD BONDS 1864. Transact a Keueral banking and brokerage business In Railway Shares and Bonds and Government WiLL Buy AND SELL I>fVESTMENT SECUR1T1K3 on Financial. No. 45 IVall Street r£:8tal)lishedl854.] zzzm. ESTABLISHED Gwynne & Day, FINANCE COMP'Y, 434 LIBRAllY [Vou Joseph Kit. Oid & Western KH. & Pacitic J^ud Qrant BondB. Stock, UH. Bonds, City of St. Joseph. Mo.. Old Bonds. International Improvement Co. Subsoriptlons. Brooklyn Klfvateo UK, Securities. Ameri" un Cnbie Co. t^ubscri -lioi.f*. Midland Uailmau of N. J. Securities. Chic;ig" & Gnmd Trunk KK. South CurolinK UH .Securules. Securities. Grand Rapids & Indtuna KK. ^tock. Cia«i2ii3uti Uichn.ond A Fort Wiiyi:e >*to<Jk, Bought by WM, K. UTIiKV, ^o. 31 lUNiS STUKKX^iNBW TORJK ' H DaoBau THE t'HKONlCLb. J881.J FlnanclMl. The Brooklyn Cor. of MonUjiu* A FlnRnrlnl. WALaruN Trust Co. BHUWH. D. BANKEHM, MrMt, New li ftuthitrltod by ipeclal ohMrtar to apoolrer..trutloo, ituunllttn, txooutur. orikd< « MlaKtnitor, t^aiui act •^ ft* M«nl MJ* uf Ui>Teriuiittiit -' )>»•• i<t RAILROAD Buttrick rintnlPiit ditiKtsltorT P. Knife. Ilrnry Mnnitor, Alox. MoCne. r •• vln. A. A. Low. lis. Ilonry K. Sheldon i>y, John T. .Murtln, Kl|)U*y HopuB. '' B. K. Knowlton. U.IILPlvrrttp4>nt 4c Auatto Curbtii. 'S.rlllea. V WM H.^erreturr^. & A. H. Brown St, Co., H. New NEW nf oountrr trnnk^ •I iittenrlon to buNtniMii I *'»e fnrthepaat 10 Y«iirt) nil A 8P BCl A LT Y. ni» N. T. BROAD STllKET, ABW VOBK. RAILKOAII aRCVHITlBS Ko. 80 <An tntlmatc knowledfce of onolaflnnM of Krooklyn I>uitters wlahlnif to buy or sell nre coRiuiunictitc. State. Municipal and Honda and Cuuponi tMMiKht and told at be«t Inrestore or RAilway Marker lOtlon. No. Twro. v. SANP. JOnNRlCKKUI. Majl K. sand. Member N. Y. Stock Bxcli. & Brothers Co., 21 C. OF ALL ISSUES. Railroads In tM. UOSTO!V, ni«T>«* NBtV YORK, PHILADELPHIA, BOSTON, MASS. DKALEH COMMISSION. TRUST COBIPANYS* STOCKS. W. Gallaiidet & BANKERS. VyiTKD BANK BUILDItfO. WALL (sTUEET, COK. BKOAUWAT. STOCKS, BONDS & COMMERCIAL PAPER. City and other Railroad Stoclisi Bonds MISCELLANEOUS SECURITIES. iSoodtf^ !«t<>ck l!:xckaniie. Lummis 6c Day, UUILDINO. 8THBKTS, BANKERS, 38 Broadway, cor. Excliause Place. N. Y> Branch Ofllcc, Vi» La Salle St., Chicaco.' and P. O. D. A. BOODT, KCnBEN I.XI.ANn. Box •147. C. W. McLKLLaN. JB. F. G. SALTO.N8TAI.I.. Wn AUCTION C^ Co. BANKERS. WTALI. STREET, BONOS O.X inL:L,l.,ER dc SO!^ No. 7 PINE STREET. NEW YORK. E. II. S. 7 Bailey, PINE STREET. DeaJlnss Id Insurance No. IS New York. Transact a General Banking Baslness, Inclndliut the pnrebase and sale of STOCKS and BONDS for oaab or on margin. Bay and lUTeetment Seeurltles. Sell P O. BOX 2.847 A . U. KIDDCK. WATIJtHn TIU8K. W. C HILL. 11. J. MORS! Stocks R. A. Lancaster & Co., BANKERS AND BKOKKRS, 66 BROADWAY, NEW VOBK, RAILKOAI) A MIUCELLANKOIIS SEctjUITlES Bought and Sold on CommlsslOB. Virginia Tax-ReceivaitU Counrnt bougfU. aOVlUHKN SECURIItli.-i A SPEVlALli. LOANS NBUOTIATKD. IHTUIS8T AUAWIO OH UXrOSITS. DEVONSHIRE STREET. BOSTON. New York & STATE STREET, Co., ItOSTON. IN OOVBRNMKNT SECURITIES State, Cltr, Countr and Railroad Bonds. DEALERS & Stackpole, DEVONSHIRE J. P. IVINTRINGnilff, GAS, I^^SURAJfCK. 15.\NK STOCICS, 4o. SKCOKITnCS BOtTOHT AT THE AUCTION BALXS. No. 36 PINE STREET, NEW J. YORK. D. Probst & Co., STOCK AND BOND BROKERS No. M KXCHANOB PLACK, NBW YORK. Stocks, RaUiBoad Bohdi. Gomuimirrs Avs MucBu.A>soDS BxcuuTiia Bevanc a.vo old. STREET,. BOSTON. Itaitiiiioro BHiikers. SethH.&H.B.Whiteley BANKEItH AND BROKER No. 27 P. O. Box 313. t*. OEKUAN STREET, B-lLTiraORB. Deposits received 8abjt>ct to check at alKht. and iDtarest allowed on daily balAncea. cctocks. Honda. Ac, bouichi and aold oa commUaio» in any city. Particular attention ulTen to informat Ion regardlnn lnve»tnient SecurtJaa. No. r & Sons, BANKERS, SOUTH STREET, Robert Garrett IIIALEIUI IK PlmC-CIaaa Investment Secaritles. eOVEKNMKNT BONUS. STATE. CITY, COUNTY Co., BANEEIU' «tf A SPECIALTY. Caah MLkl ftt onoe for the abore SeenrltJeA; or ihaywin be aold on comataalon, at aeller'a option. & , Chas. A. Sweet No. 68 WKUNKSUAYS AND SATLUUAYS. ADRIAN Tower, Giddings BANKERS, At Auction. STOCKS BOSTOIf ALSO, Parker BONDS rbe Undersigiieil hold REGULAR ».\LE8 of lUl clt.A8e8 of AND VOKK. Dealers In municipal. Slate, Railroad an4 United State* Bond*. TRANSACT A GENERAL BANKING BUSINESS. WILUAM STOCKS THE NEW STOCK EXCHANGES. Ck>r. UCNBT DAT, LDHHia, Members of New York 8tock Ezchantfe. Oir No. Hi TIIK I'UltCHASE AM) SAl.K OF WALL INCLUDING STOCKS AND BO.NDS FOR CASH OK ON M A It(ilN. BUY AND SKLL INVESTMENT SECURIINTEREST ALLOWED ON DEPOSITS BANKERS AND HTOCK. BKOKBItM. TIES. bUUJBCT TO CUBCK AT SIGHT. No*. 84 and 85 DURXEL and BUOAD EMBERS Orders for Stocks executed In Boston, atid other markets. Advances made un business paper and other eourttiew. VI BAN KE Rb Stocks and Bonds bought and sold on commission at N. 1. 35 CO.MGRKSS .STICECT, ^o. i:< AN1> Co., Co., BANKEKS, NEW YORK, OAS STOCKS AM> UOXOS, TELEGRAPH STOCKS, COMMKRCIAL PAPER NBOOTIATBD. & Brewster, Basset NOYES, BANKUKS AND BK0KBR8, New York. STOCKS AND BONDS BOUGHT AND SOU) OK 54 Wall Street, CONGRESS STREET AND 2 CONGRESS SQUARE, No. 7 No. voH K. NASSAU STREET, IN OOUMISSWS OHDSRS KtBOZZKD IX NEW STREET, WM. iioi.T GOVERNItlEIVT BO.\DS« Beers, Jr., virw II Uuiikcr*. BANKERS, AND DBALBHS Seciirilles, Ciiy IIoud». I '.y Uodon Gaa Stocks, &c., ti> MUNirirALaa4 Foote & French, HtiMlh BOUOIIT AND SOLD. BANKER AND RROKBR, INTkHIMT ellewM «i Prlr jle teli>Enii>h wiraa to Providence and Kostoa YORK. ITV RAII.KOAII STOCK.H a H. Smith, Fred BROADWAV, No. 14S reaelred and G. «.TAI.N'i "It York. L. Grant, INTBSTMSNT HKCUKITIKS. P. DKPONITB BONDS, STOCKS and IN VRSTMRNTSKCnRITIKS BOUUIIT AND dULD (iN COMMI^IUN C. A. BOTTitu-K, Member of the N.Y. Stuck Each ne Wm. Bu.imam. .MewiMir of the W.V. Mining WTrh'te RANKKItS AND BUOKER8, Wall St., Car. Nt-w, New York. Sand Elliman, SO Wall WALL Bu; and sell OOTERNMENT, RAII.ROAItNinds. HANKEHN AND RROKBRH, Noa. ST 10 balances. ' AI«z.M. White, liiTltt-<l THB NkOO. MKCi/RITIKK. & Vlo«-Pr«a*t. Holt, NTREBT, NEW TOKK. THANSACTaURNCKAL BAHKINO l«lla««> York. "PBCIAL ATTENTION OIVBN TO TIATIOM or iMiNineiia, will I'll ..f CUAH. K. MAUVIN. TIlUHTKKa: Wm.B. KMdall 1 p«raon» IIM'I.KY IIDPKH, I'ronldonl money. John Klt(] Ht) & BAWXERS, Ne. .»iv''-"U. rcoclTv - R«Mtflouii uiul fhtiritit anaccuAtonierl to the inu Olid thli (VinipHiir u imfo and fur 11 rUie mtlnor miinnic«iii«nt of tn th<< MtAte^ Oi *cttllort lilt"rwriatrr nnn tniMNfnr b Taintor Walston H. Brown & Bro. Caintiiniti., Brooklyn, N. T. ThlaCooiMnr •el rinnnrliil. r»n>. A. »iiowM. BALTIHOBB. TUANSACT A GENERAL DOMESTIC AND FOR SIGN BANKING BUSINESS. Wilson, Colston & Co., BANKERS AND BR0KEB8, BALTinORB. INVESTMENT and VIRGINIA SBCinUTIXS a "'oorrs^Kwdenee eoUclle* and InfomaUoa far. N. I.'OoBAaaroHDBNTs-MeKlai Brothsn AC*. . : THE CHRONICLE. — QXO, Thomas SHOSVAKXR. Jos. M. & Shoemaker, AlfD STOCK BROKERS, PHI1.ADEL.PHIA 134 S«nth Third St., BANKERS Dealers In all Issnei of United States Bonds. I^vestjuent Setnmties a speclaltr. Correspondence inTlted and full information upon financial Bobjecta famtsbed. & A. P. Turner BAN Commercial Cards. ^.^^_ TH0UA8. C. Western Bankers. — Bankers. Plilladelptala "p [Vou XJLillL P. F. Kelcher & STREET, ST. 305 OlilVB ESTABLI!;HED ISSS. Co., Supply Ba-iks, Bankers. Stock Brokers and Corporations with complete outfits of Accounts BooiM and stationery. New concerns organlzlnjir will hare tholr or- fW No. 1 WILLIAH STREET, (HANOVER SQUARE.) Co., LOAN BROKERS, Co., K£ K S, Ho. a07 Walnat Place, PHIIiADEL.PHlA, OOTernment, State, Mnniclpal and Railway Bondt Vid Stocks bopfrhfc and sold at ail the K.^changes. iD^estments prudently made tn sound railway seCollections projaptly attended to. Correspondents carerully repi-eeented at Auctions and Private Sales. Bonds of good but not wellknown railroads always wanted for investments at ihe beet rates. Orders on miiTtrins not entertHined. curities. KANSA!4 CITY, MIHi^OURI. WESTERN FARM MORTOAGK8. TIBI.DINO AND 8 PKB CKNT. A 8PE0IAl.rY. KeffOtlate School District, Township, ritr County Bonds. Write for circulars, blanks references. 113 No Third & Co., Vad6.P.MILL£B. R.n. WILLIAMS, JNO.W.MIia.EB CHAS. U. MILLSK. & Thos. P. Miller Co., BANKERS, President. alabattia. jviobii^e:, PENEEL. Ajid ; & Schoolcraft, Campbell CAPITAL SURPLUS (Paid-in) Mo. WM.C.CoUHTNBT.Pres. BBSKSTH. PRlNOLK.Caah BAi\K OF CHARLESTOIV, S. C. apICIAL ATTENTION OITEN TO COLLECTIOKS. MAURY & STOCK BROKBnS, aiCIimOND, TIKGINIA, . B. BUBBL'BS, i^es A. E. t. WALKZB, tjasuior Bank, First National -nriLMINGTON, N. CotlectlODB made on all C. parts of the United States Am? Pier (now) 42 North River, foot of Morton St. Travelers by this line avoid both transit by KnjiRailway and the discomforts of crossinK the Channel in a small boat. KRANI'E, Trucielle Wed., Dec. 88, 11 A. M. CANADA, FraiiReul Wed., .Ian. 4, 5 A. M. ST. GERMAIN, Dclap'aine... Wed., Jan. IS, 4 A. M. fmcK OF c'A.ssAGE— (including wme,: To ilavre— cabin, IIOU and tSO second cabin, $00 ateerFirst aee, V2ti, Includini; wine, bedding' and utensiis. Return tickets at very reduced rates. Checks drawn on Credit Lyonnais of Paris in amounts to suit. J. B. MOBTON, BRANCH, President. JOHN Cash. rRED. R. BCOTT. Vtce-Prcs't. BRAXCH &. CO., THOSIAS BANKERS AND COMMISSION MERCHANTS, KICHMOXD, VIRGINIA, ing freight and passengers CaLDKRA 4 Babcklosa. PBrNTS, DENIMS, TICKS, DUCKS, sell all kinds of Investment Socurltifs on commlasiou. Information furulshec. Orders and correspondence solicited. Drillt, Sftteiingt, HoNAKD MATTnrwa. Matthews & for Export Trade. E.R.Mudge,Sawyer&Co Constantinople. K. B.— No freight taken for Gibraltar. BEBIAN, Aarcnt, LOUIS WasUlugton millg. Cfailcopee TUtB. Co. Barliugton Woolen Co., EUerton MewJlllls, AGENTS FOR D£ Atlantic Cotton niU«, Saratoga Vlctorv mfe. Co.. Ocean itllllii. No. H Bowlinn Green. Peabody Commercial Cards Works at Orticnt, L. and I., • RICHMOND, VA. & Eureka" • From Various 43 Virginia Fertilizing Co. Whiting Paper Co., HOL,VOKE, "ORn:NT COMPLETE MANCKE," CRENSIIATT, PresH, Riclimondt Va. N. Y. Stock B.\ch. Whitaker, BIASS. Bnekcrs* Lcdffcr and Record Papers, niaohtne IIand-3Iado Papers. AiilUue Patchineut Papers. Plated Papers. Bond Papers. I And want a (rood workinc n^ent In every thrivins cotton, tobacco, Rrain and truck growing county. Ap^ly (with reference) to CKBN'SHAAV WABEHOUSE, Mills. BOSTON, NEW YORK, 15 chacmckt Strict A 45 WHiiK Street, PHILADELPHIA. J. W DAYTON. 24f. CaHMTKFT 8TRKHT. OFFER THEIR STANDARD BRANDS AMIIONULTED BONE SUPRREIIOSI'IIATE OV LDIB iTliUs, AND Hosiery and Knit Vndemrear UBIENT. The Atlantic Baiikcrti. Ei>WAnns Wbitakeb, Member cfe., cabin. fT5 and *yO: for Rarcelona and Marseilles—First cabin, $S() and $100. StceniKe, $32. Throu(;li bills of ladinjr Issued to Mediterranean Ports, includluK Rarcelona, Algeria, Tunis, Genoa, LcRhorn, Naples, Messina; also, for Trieste and ^V. G. Western &0. Towel*. Qnllta, White Gooda and Hoatery. first AUGUSTA, GEORGIA. Buy and •titrixht or KHIRTIN««I AND SHEETINGS, solicited. H4RRIS & RIIIIVD, STOCK AND BOND BROKERS, Fabyan, BROWN AND BLEACHED About Jan. 15 Cadli and Gibraliar— RATES OF PASSAGE— For & Bliss New Tork, Boston, Fhiladelpliia, SELLING AGENTS FOR LEADING BRANDS The following: steamers will leave New York direct for Cadiz, Gibraltar, Rarcelona and Marseilles, tak- lnfnrm:ttlon on all cbtsses of Southern Securities Corespecially Stale Bonds, Tax Coupons, Ac. lespondence Wright, : TotrcniNG AT Cadiz, GiBUALTAK eoUcctlons made on all Bouthern points on best tervs prompt returns. P. miLTV'ARD'S IIEIilX NEEOLEa 400 BROADWAY, NEW YORK From IiEeechants' national bank, RICHMOND, TIBGINIA. ; Bro., O. N. T. Spool Cotton FOB MARSEILLE!*, Buy an4 sell Government. State, Municipal and Kailread Uonds and Stocks, itc. Virpinia State TaxRecelvablo Cuupons bought and sold. All orders aroniptiy attended toKew Yor k Corr espondent. VERMILYB A C0._ & Only Direct Line to France. ; Co7, f«treot. George A. Clark 8rs,oao . Daane iish NATIONAL Bankino Association, IS. No. 100 GENEilAL TRANSATLANTIC CO. BETWEEN NEW YORK AND U.WBE. RICHMOND, VA. R. DNKISD STATES BUNTING COMPANY. A foil jnpply, aU Widths and Colors, always in stock. Caahicr. Sicaiiisltipv^ NORTH TENTH STREKT, CHABLESTON, - STRIPES." !i.J,000 Prompt, attention Klven to ail business In our lino N. Y. COUKESPONUK.VTS— Donneii, Lawsou A Co., and the Metropolitan National Bunk. STOCK BROKERS, 6 - "AWNING Also. Agents LITTLK ROOK, ARK. payment kinds of •• BAGS, WALK ^C.T. (Incorporated 1876.) all CANVAS, FELTING DUCK, CAB COVERIN(J, BAGOtNG. RAVENS DDCK, SAIL TWINES, Ac., ONTARIO " SEAMLESS, German Bank, Special attention paid tocolloctions.w'th prompt romittnncea at current rates oi excuajigu onauyof CorrcB pond ont B. —Germ an -Amert can Bank New Terfi: Louisiana National BanU, New Orl<>ana Bank at l^iTcrpool. LIverDool. 5 STATK BANK, In COTTON Western and Southwestern Municipal and Railroad Bonds or Stocks. Defaulted bonds a specialty. Choice Investment securities nlwaya for sale. Write to us before you buy or sell any lUiuolK. MiSROuri or Kansas bonds. C. F. Co., COTTON SAILDUCK Street, St. Louis, Mo., DEALERS IN Suutlicru Baiikcr!!t. Turner Brinckerhoif, and and Uanufactorers and Dealers & John V. Hogan Cole, STATIONBRB AND PRINTEB3. ders promptly ezecated. & Conklin Jarvis, & Sears I^OUIS, mo. Western Invest-ment Beonrlttei for sale. St. IjOuIi City and States of Missouri, Kansaa Texas. Arkansas and Colorado Bond« a specialtv* Pali Information ftiven In reference to same on &i>llcatlon. Coupons and dividends oollected. Pfrst-cIaM AGENTS JAIUES D. WHimORE & CO., 4a BEFKMAN 8TRKET. NKW YORK.' rp B. STEWART & CO. MAKERS OF FINE 1 Wood ^.untels, Mirrura, Street. 1 lookcases, Ac, No. 70 West Twenty- I'bird ST. LOUIS, MO., insurance, BROKERS AND DEALERS IN & City, Conuty and RR. Bonds Stocks^ Orders receive prompt and personul .ittention. Corri:»pondent8, AlesRrs. Majcwel L^ Graves. Now ^ate, Turk City, and Messrij. Blako York and Boston. A. Prescott Brotoft's & &, Co., New iu\ Co., BANKERS, Cnpital, ' TOPEKA, KANSAS. prompt Bank 1 and Am other styles may be had o/all deaiva 5 I I throxighout the uorld, Joseph Gillott & Sons. at- CoRttKSPOxnENTS.— Boston, National Bank of North America; New York, American Kxchange National IJank and Ninth National I'anl:; ChloaKO, Preston, Kean & Co.i St. I-ouls, Third National Bank Kansas City, Rank of Kansas City and Merchants' National S03-4O4- 70-S6 -332, I OKNBRAL BANKI.NG BUSINESS TRANb ACTED. ; PABIS, 1878. Si8 Celebrated number s, $60,000 Mnniclpal Bonds and MortjrORe Loans Negotiated. XiRht per cent Karm MortgaKCS a spe-^ialty. A Collections and correspondence recoire tention. Wm$* GOLD MEDAL, New Tork. MimiAiim IISUIMCE COMFlIff _ OF NEW YORK. "F-S-WmSTON. PRESIDENT /SSUESEVERK DESCRIPTION OF LlfEAMDEHBOWMENTFOim W. HARTER, ATTORNK Y.Canton, ON TERMS AS FAVORABLFT AS THOSE HENRY Ohio, conducts classes of cases against IndivOFANY OTHER COMPANY -, all iduals, railroads and otiier corporations in both Plate <nd U. H. ('ourts. Refers to C. Aultman, Canton O. l3:iac Ilarter & Sous, Canton, O.; Knuntze Bros, i2x-Cbief Justice Agnew, Ucaver, Pa. New York; ORGANIZED APRILI4J'!I84Z CASmSSETS OYER $ 82.0 0.0 . -^ : M, : IHE 1881.J CUHOI^llJLli. niarmnec Iiiaanui«e. Cmuiom, HO M E OFFICE OF THS Insurance Fielding, Company UQ BROADWAY. OFFICE, •il-annaal |rinr-81ztli AKD fltatamaat, aaowiNo^i Mutual Insurance YORK, January Co., The Truatecs, In conformity to the Charter of the Oompany, aubmlt the following Btatenieot of lU aflklia on the Slat December, 1880 $4,282,675 04 1880 Premluwaon PoUolaa not marked off lat 1,495,047 23 Janoar/, 1860 Total Marine Premluma $5,728,622 27 .... Premlunia marked off from lat January, 1880 to Slat I>eoember, $4,141,087 80 1880 penoa CHA8. niAKTIN, J. WAMHBUHN, H. J. PuaoaAaa cult oa Oaoiaa. »oa A Jno. C. Premluma and of $873,113 96 penaea Mutual Insurance 337,977 37 CashlnBank AJIS 18 WllliaB ^Mr•t>t, Haw Terk. BICURITim BOUGHT AND tUUD rOR A COMIIIMBION. UnmTMKNT Amount $12,608,356 71 BIX PER CENT INTEREST on after Tuesday, the Flrat of February next. THE OUTSTANDraa CERTIFICATES of the issue of 1876 will be redeemed and paid to the holders thereof, or their legal repreeentatlvee, on and after Tuesday, the First of February next, from which date all interest thereon will ceaee. Tlie certificates to be produced at the time of payment and canceled. A DIVIDEND OF FORTY PER CENT is declared on the net earned premiums of the Company, for the year ending Slat December, 1830, for which certlticates will be Issued ou and after Tuesday, the Third of May uext By order of the Board, J. H. CHAPMAN, etrcrMarr. Earned premiums of the year. TKUHTEEHi Horace Oray, Edmund W. Corllea, John Elliott, Alexander V. Blake, Bobc James Low, David Lane, Gordon W. Bumham B. Miutiim, Charles H. Marshall, George W. Lane, Edwin D. Morgan, A. A. Raven, Robert L. Stuart, Wm. Adolpb Lemoyne. James O. De Forest, Samuel Willetts, Be4ianiin H. Joslab O. Low WUllaiu E. Dodge, Royal Phelps, Charles D. Lererich, W'lUam Bryce, M ililam H. Fogg, Peter V. King. Thomas Thomas Sturgis, Fli'Ul, F. Younga, Hand, John D. Hewlett, William H. Webb, Charles P. Burdctt, J. D. JONES, B. CoddingtOB Horace K. Thurber, William Degroot, $144,766 10 . . $1,032,010 05 $614,846 94 Re-lnsnrance and return prem- _^^ James F. Wenman & Co., COTTON BROKBHfe, No. 146 Pearl Street, near Wall, BaUblUhed (In II. T. Tontine BnUdlns) 1840. B. w. Faslkt, Robcbt w. Goiaaic, J. H. rAmi,ar Y. Cotton Bxch'ge. of OoIaan,Colt St. Looia. Farley A Co., MemberN.Y. Mo. & Cotton Co., COTTON COMMISSION MERCHANTS No. 133 PEARL 8TBEBT, NEW YORK. P. O. Box 3900. $249,915 99 limis and sale of O01l» Bpeclal attention to pnrcbaae TRACTS FOR FUTURB DKLIYBRY OF COTTOa* ASSETS Slst December, 1880. $03,279 63 Cash in banks 280,031 25 United States stock 78,142 00 350,029 19 Stocks of Corporations Realestate Subscription notes, bills receivable and uncollected premluma Suapcnae account and accrued day By March uext. 119 Pearl street. Henry DeB. Houth. K. II. K. I.ymun, U. Kunbardt. Henry Uutib Auebincloaa, I,]iwrence Wella, William Poblmann, Fruncia O. Brown, Alex'r Hamilton. Constant In Menelaa, (;OTTON BROIil^RS, Carl L. It' cknajiel. Carl Vletor. Itajnaay Cmoka, Arthur B. Orsvea, U. L. Cbaa. Renanid, OeorKe Chaa. K. Wm.8. Wllaon. Ouatav Hobwab. Oeonfie H. Moraan. F. 88 NB1» YORK. Hoffmann, COTTON BROKER AND AGBNT, HUB DB LA BOVRSB, HATB& Geo. Brennecke Cotton. roTDBk Contracts a Waldron & Tainter, GENBRAL COTTON nKKCHANTS, NEW YORK. ir. Cotton Kxehia Co., Cork. 8paciAi.TT. THE BROWN Cotton Gin Company, NBW President. Sl'REEl', "Futnra " ordara exaoataa st N. New No. 110 Pearl Street, Prealdi-ni. & COTTON BROKERS, Francla B. Arnold. 8. 8>ott. ALFRED OGDEN, VIce-Prrsldenl. CIIAKLEM IRVIN(i, 8ecri-iary. ANTON METZ. Aaa'l Hccreinrv. PEARL BBAVBU STKBBT, Zlmmormano Theodore Kachlrl, C. L. K. MoBO. EUGENE DUTILH, 97 S3 Walter WHUim, Brnpato (J. KnbbrI, Lewta Morrta, ¥ork. WALTER & KROHN, Alex. M. Lawrenoe, John I>. DIx, (^liHrlCH Munzlnfter, Henry B. Sprajcue, John Welab, Jr.. New Ordera for Spot Cotton and Fntarea promptly aaa. onted CHARLES (RVINO, Secretary. TRVSTEESi Co., COTTON BROKERS, order of the Board, (leorxe Mosle, & Dennis Perkins $1,202,612 42 this Raolvttl, Tliat six per cent Interest on the outstanding Certificates of Profit be paid to the holders tbercof, or their legal representative*, lat Co., Orders In " Fntnrea" exeevtsd at N.Y.CottoB 14,682 58 Total amount of assets The Board of Trustees have & H. Tileston COTTON, STOCKS, BONDS, *•. 8S WILUAM 8TRBET, NKW YORK. 386,597 78 luterest Henry Coliina, JohnL. RIker. CHARLES DENNIS, Vlce-Piesldent. W. H. H. MOOKE, 2d Vice-President A. A. BAT£N. 3d Vioa-Pnudant. LA. Special attention paid to tbe execntloa of orders for the purchase or aala of coDiracta for fntnra deltvery of cotton In tbla market. New York aB4 Li verpool. Member N. 1,041,762 63 Losses and expenses on or after J. D. Jones, Charles Dennis, W. H. H. Moore, Lewia Curtis, Charles H. Russell, NEW ORLEANM, Co., $1,186,527 73 the outatand- oertitloatea of i>rollte will be paid to the holders thereof, or their legal repreaentatlrea, on and Wisdom, TTON COMMISSION MERCHANTS, published in conformity with the provisions of its Charter Premluma unearned 31 st Decem- Total premluma & « O New York, January 27, 1881. The following statement of the affairs of this Company on the 31st day of December, 1880, is ber, 1879 Net premiums received during the yearendingSlstDec, 1880 Co., WATBHS A OOJ COTTON COMMISSION MERCHANTS Gardes aaaets, tIx.: $8,983,558 00 other Stooka Loana aecured by Btooka and 1,187,900 00 otherwlae Beal Eatate and Clalma due the 470,000 00 Company, entlmated at Premium Notoa and BUla Re1,628,921 34 ceivable < BA H K BK TBS ORIENT ex- CO., & Graham Cseaeaaara to R. M. $2,071,238 98 The Company Uaa the following United StHtes and State of Mew Tork Stock, aty. Bank and O. A. l«.Me,OMn Frealdent. Secretary. Total OFFICB OF Betnme H. C-I.IMBV COTTON BUTER8, HONTUOMKRY, ALA. nvninARY of amkts In lbs * JOHN $6,866,030 83 United 8lat«ii, >TBllsbls for ths PAYof I.(>!<HK8 bT KIKK and fur the proteetlun of <>llcr-l«(idera«r KIKH INSIJUANCK: »lB8,a77 14 Caib In Bitnka BuutlH and tuurtiiiMioa, belnir flrat lieu on real satato (wurth fS,«8n,BMI) l,7IB,eM 00 1,010.100 00 IJnIted StstsaatockaliuarkatTsloa) Bank A HH. atockn'* Ma. (market Talue) W0,B17 00 lilSI,7l)0 00 Slate and municipal b'da (market valDe) I.o«na on atooka, payable on demand (market Talueofcollater'la,|S.4S0,784) ifiM.aOO 00 I8HI Ba.W« 11 Intereat due on lat July, Premluma uoooll'ot'd A In li'nda of acta. IISJMM 17 01,815 40 Heal eatate Held mnr yobs roar BtnutiK*. 1,758,037 08 Cash AaseU during the same Iioaaee paid C0MMIB8I0N UBBOHAlfTB 1« * IS Brnkaac* P1«m, 310,724 29 MENT Premliuna on Marine Rlaka from lat Jttuunry, 1880, to Slat Beoeniber. OONVITION or TUB COM) ANT ON TUB ntUTt DAY Ulr JULY, IMl. CASH CAPITAI $3,000,000 00 Reserve tor Unearned Premluma 1,H96,878 00 Reserve for Unpaid Lgaae* Net Surplus 20, 1881. Gwynn & Co. ooTTon FAnroaa OP NRW VOHK, ATLANTIC NEW ftt LONDON, CONN., MANrrACTCRUUI or TBI CXI.HBRAT>U Broirn C«tt«n Gins, 61n Feoden an4 CondenMn. COTTON U1N8 FOR fcXPOBT. THE CHHONKJLE. Tfil Cotton. Cotton. Woodward & Stillman, POST BUILDING, Oor, Exctaance Place, INMAN,SWANN&Co COTTON MERCHANTS, New JOHN HOHOR8T, B. BABBITT C. F. Hohorst & Co., COTTON COMMISSION MERCHANTS PEARIi STREET, Na. 125 Neiv York. Beoeive Consignments of Ck>tton and other produce Special attention given to orders for the purchase & E. S. Jemison Co., BANKERS H. Kofi New York. & Co., GENERAL oominissioN merchants, Henry Hentz New St., York. Advances made on Consignments to neaars. JAMES FINLAY & CO., LIVERPOOL, LONDON AND GLASGOW. nieMr*. FINI.AY, niUIR dc J. Buck A New Orleans through Messrs. Ck). & P. Billups Co., COTTON COMMISSION MERCHANTS, Noa. 16 dc NEW Special attention given to the Purchase and Sale Of Contracts for future delivery of Cotton. Wl(.MOHB. H.W.HANlUIANir. CLEMENS FISCHEB Mohr, Hanemann & Co., 123 PEARL New ST. York. 186 GRAVIER New Orleans, ST., AND COMMISSION MEKCHA.NT8 Special attention given to the execution of Ware & ORDERS FOE FUTURE CONTRACTS. B. F.BABCOCK&CO. COMMISSION MERCHANTS, 17 Water Street, lilVERPOOL, Receive consignments of Cotton and other Produce, and execute orders at the Kxchunges in Liverpool, Bepresented in New VorK at the omce of Geo. Copeland CO., & COTTON COMMISSION MERCHANTS 111 Pearl Street, New JETNA Insurance & Co. Assets January Ewen and NET 8UEPLU8 No. 2 Cortlandt COTTON BROKERS, Nos. 31 Sc 33 Broad Street, North & New Orleans, ft CO., , Montgomery, Ala. LEHMAN BRO'S, Cotton AND Factors OOmiaiSSION inEROHANTS, 40 EXCHANGK PLACE, Orders executed at the Cotton Ezcbesges In New York and Liverpool and advances made on Cotton and other produce consigned to us, or to our correspondents in Liverpool, Messrs. B. Newgass A Co. and Messrs. L. Rosenheim ft Sons. York. Asent. British Co. Ins. OF LONDON AND EDINBUROB. United States Board of Management, : SOLON HUMPHREYS, Ch'r'n,(B. D.Morgan A Oo DAVID DOWS, Esq. (David Dows * Co^ B. P. Hon. FABBRI, Esq. (Orexel, Morgan CHITTENDEN. 8. B. & Co.) EZRA WHITE, J. J. ASTOK, Esq. Esq. CHA8. E. WHITE, SAM. P. BLA6D£^, Office MANAOEKS, £4 W^Uliam St., Neur York. Lyontfnercial Union Ins. L^o. (OF LONDON), Robert Tannahill& Co., ALFRED NEW YORK. Special attention given to the purchase and sale of Future Contracts. & 39 Wall Wire Rope. HOISTING Co., CHAR(X)AIi Galvanized CiiHrc^al and BB for Ships' Ui>;t£>n»f, Suspension UridKe», Derrick Guys, Kerry Kopea. &c. A larne stock constantly on hand from which any desired leuKths are cut- FLAT STEKL AND IKON ROl'KS lor Mlnlnn purposes manufactured to or- inASOIV tc CO., JOHN 4S Broadivar, New Vork. \V. MERIDIAN, MISS. AND PURPOSES, Inclined Planes. Transmission of Power, Ac. Also, Co., COTTON BUYERS. MOBILE, ALA. AND of Buperier quality suitable for MINING COTTON COMMISSION MERCHANTS, 97 Pearl St., New York. & Street IRON NOBFOLK, VA. Hyman & Sr tSTBEL HYMANS & DANCY, Dancy, PELL, Rtsident Manager, Cotton Commission Mercliants, Co., Hughes, Carter PEARL SIREET, NEW YORK. New NEW YORK Lbumax DUBB & Co La. $2,729,2T1 92 St., Mercantile NEW YORK. LXHXAN, AEBAHAU 1,694,80180 3,000,000 00 ALEXANDER, JAS. A. JOHN M. EWIN. Brothers, $7,424,073 72 1881 Capital COTTON BROKERS, PEARL, STREET. JB. 1, for unpaid losses re-lnsurauce fund Liabilities No. 114 WABBBN KWEN, Company OF HARTFORD. York. iffnments. Philadelphia. St., MUccllaneous. Special attention ^iven to the purchase and sale of contracts for future delivery. COTTOIS BROKERS, 136 lai Cfcentnnt OR- Schroeder, Cotton Exchange Building, BABCOCK BROTHERS & W Wall Stkkzt. COTTON FACTORS DERS FOR FUTURE DELIVERY OF COTTON AND PRODUCE. HBNBT U. WABK. GILLLAT SCHBOBDnt La. ePECiAL Attention Given to the Kxecdtion OF Special attentton Kiven to the exeoatlon of orders for the purchase or sale of Contracts for Futtira delivery. Ne«r York. YORK' PEARI. STREET, NEW YORK. And General Commission Merchants, 89 PEARL ST., NEW YORK. 18 Ezchauee Place, rOST BUILDING, Bennet & Foulke, conmssioK merchaivts, Geo.H.McFadden & Bro CO., CALCUTTA AND BOMBAY. CONTRACTS FOR FUTURE DELIVERY COTTON bouKht and sold on commission in New York NEW YORK. 2343. COTTON FACTORS Also execute orders for Merchandise through II. Blount, William H. Beede MdODY & JEMISON, GalTeston, Texan. IBamuel & Hinson Uverr of cotton. Liberal hdvancea made on oon- No. 10 Old Slip, and Liverpool: also at r- Special attention paid to the execution of orders COTTON COMMISSION MERCHANTS South 'Wmiam .,, ' for the purchase or sale of oontracts for future de- AN 8 A. R. BLOUNT. >iiS™duce Exoh'ge. Htvsok. IdBBRAL ADVANCES MADE. and sale of Contracts for Future Delivery of.Cotton. Box 121 W Member cc'*'" 1.. PEARL STREET, NEW YORK. Advances made on consignments of Cotton, Grain and other Produce. Buy and sell contracts for future delivery of Grain and Provisions. CraAS. r. P. O. SOUTHERN SECURITIES. T Exchange Place. 18 ORDERS IN FUTURE OONTBAOTS EXECUTED IN NEW YORK AND LIVERPOOL York. LOANS MADE ON COMMISSION MERCHANTS, NO. »T & 16 EXCHANGE BUILDING, COTTON, STOCKS ASB BOIVDS. -Uberal advances made on 0>nslKnmentB. Pendleton, Murphy, (Post Bcildino.) NEW YORK. COTTON MEECH ANTS AL COMMISSION SENEB LOANS mABE ON ACCEPTABLE SECURITY. & Q. Uitspht. 8. & Woods Hanover Si, Beaver Hta. Special attention paid to the execution of orders for the purchase er sale of contracts for future delivery of cotton. 24, 1881. Cotton. Wm. Hznbt Woods. [Rbab or c^usToM House], Rogers IDbcbhbbh