The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
turn
HUNT'S MERCHANTS
MAGA21NF.
gBPRESENTlNG THE COkMERClAL AND INDUSTRIAL INTERESTS OP THE UNITED STATU
VOL.
JNO.
C.
Member N.
NEW
31.
LATHAM,
YORK, DECEMBER
ALEXANDER.
H. E.
Jr.,
Member N.
T. Cotton Exchange.
25, 1880.
NO. 809.
R. P. SALTER,
Y. Cotton Bxclutnge.
C. a.
MILLER.
Member N.
Y. Stock Eiehange.
SpMtal.
LATHAM, ALEXANDER &
CO.,
B.A.3sr:K:Eiis
AND
COTTON COMMISSION MERCHANTS,
16
Nos.
Conduct
AND
18
WALL
STREET,
Banking Business.
Accounts of Banks, Bankers, Merchants and Individuals received on favorable terms, and Interest
allowed on Daily Balances, subject to Check at sight.
a General
Contracts for Cotton for Future Delivery bougrht and ^old
on CommisHion.
LlNDUCr HAINIS
Lewis H. Tayloh, Jb.
&
Phelps, Stokes
I.
Co.,
N. PHFTLPS,
JAMES STOKES,
ANSON PHKI.P3 STOKES,
F. P.
&
L.
&
H. Taylor
Co.,
Bankers and Brokers,
140
BANKERS,
OLCOTT,
45
Financial.
Financial.
Financial.
SOUTH THIRD STREET,
PHILADBLPHIA.
Bonds, Ac. bouKht and suld on commission
in Philadeiphia and other cities.
Parttcnlar attention cciren to Information retrardlaR Investment Securities.
iStooks.
ISSUE
TKAVELERS' CREDITS,
comhercial. credits.
Kountze Brothers,
LONDON CORRESPONDENTS
BANKERS,
P.
POTTER.
Prest.
J. J.
:
C. J.
Hambro
N E Tr
Caahter.
YORK.
LETTERS OF CREDIT
BOSTO:^,
CIRCVL.AR NOTJBS
»400,000
400,000
SURPLUS,
COLLECTIONS a specialty.
and Bankers
Business from Banks
solicited.
Satisfactory business
reaponden ce invited
paper discounted
Cor-
.
WM.
L. BKEBSi;,
of New
Members
Breese
WM.
'
P. SSIITH,
York Stock Exchange.
&
Smith,
BROKERS,
No. a» BROAD STREET, NEW YORK.
••Tonmicnt Bonds, Stocks and all Investment
Se«urlUk>s bou«bt and sold
on c«mmlsslon.
Issued for the nse of trarelew In
all parts of the world.
Bills drawn on the Union Bank of London
Teleeraphto transfers made to London and to
various places in the United States.
Deposits received subject to check at sight, and Interest allowed on balances.
Government and other bonds and tnTeStment Movrltles bouftht and sold on. commission.
R.T.Wilson
&
- •
9,000,000 FraiM*.
BOASB or DlRBCToaa:
OmisAM, PrMldenL
ALrmiD Maquiitat (OraB* Miqoliiayj. Tlo^-Pm
J. il. Vox 9» Bkcee (B. Ton der Beeka).
Otto Ocxtuir (ComelUe-lMTld).
^
Fr. Dham« (Mlclilcl>L.>t.»>.
_^^
Joa. Uis. f UBKM4.HJI, Jr. (Joh. Dan. nuuaaam).
Loots WRBRK(Kd. Weber *a«.)
JvLSa lUUTRKSTBAOOa
Maverick National Bank,
OAPITAI.,
Paid-Up CapiUi,
ElfILK PR GtTTAU
^,
Ad. Ka»Ni ( mnk, Model * Cle.)
Aug. NoTTBn >H« (Sotiebohm rrer«.).
130 Broadway (Equitable Bnlldlns),
Eddt
Anversoise,
Antwe rp.
Piuz
CIRCUIiAR NOTES,
ASA
Centrale
Depoiita received subject to check at sifftat, and
interest nllowed on daily balances.
47 Wall Street, Ne^r York,
ThelUnlon Bank of London. Measrs.
Banque
Co.,
BANKERS AND COMMISSION MERCHANTS,
% BxcUange Comrt, N >w York.
(C.
SdUBld
• CMJ
TRANSACTa A
OBNBRAL BANKINfi BUSINBaS.
F. Zebley, Jr.,
John
5
BANKER AND BROKER,
ST., NBW^ YOBK,
BROAD
(Drkxil Briu>i!to)
Dealer In
InTeatment S«cnrlU««.
Order* executed at tke Stock and MlBtn« Fir li iBaii.
i
Special attention iriven to I>«fanlt«d BsUroad
Municipal Secnrltle* of Illlnot*. Kann
Iowa and Nebraska.
Correspondence solicited and fmlt
gtren on aU otaMM o. boadf and itodU.
tmA
;
THE CHRONICLE.
ii
[Vol.
XXXL
Forclxn Excbansc
Fhiandal.
Financlal.
Drexel, Morgan & Co.,
WALL STREET,
BO^DS OF SFRGTl'SniP
FIDELITY GUARANTEE BONDS
CORNER OF BROAD, NEW YORK.
&
Drexel
Drexel, Harjes
Co.;
Ma. 84 SoDTH TaiBD 8t.
81
Bonlevard
Pblladelpbla.
&
Co
HaaumaBD
Paris.
DOMESTIC AND FOREIGN BANKERS.
ATTOK'XSTS and AOXNT8 OT
Messru. J. 8.
Sc CO.,
No. 22 OLD BROAD ST., LONDON.
MORnAN
&
Brothers
Co.,
No. £9 TFALI. ST., N. ¥.,
BDY AND SELL
BII.L<S
OF EXCHANOE
ON GREAT BRITAIN AND RBLANI). FRANCE,
GKRMANY, BEi.GIUM AND HOUjAND.
Issue Conimercial and Travelers' Credits
ly siEXLixa.
AVAILABLE IN ANY PART OF THE WORLD.
I
And
In Francs, in
Martinique and Guadaloupe.
nAKE TELEGRAPHIC TRANSFERS
OF MONEY
Between
this
and other countries, throngh London
and Paris.
Make
Collections of Drafts drawn abroad on all
points in the United States and Canada, and
of Drafts drawn in the United States
on Foreign Countries.
S.
&
G.
G. C. Ward,
AOSl^TB rOB
&W. Seligman&Co.,
J.
Resources
(See Report to
Government
Prospectus,
^78,466
Co.,
&
KIirNROE
CO.,
Geo. H. Prentiss,
CiitcnTi.Ai{
Sc
CO.,
LONDON.
NoTxa AjfD CBiDira fob Tsatst.xb9.
J.
Stuart
J.
1864.
Coleman Benedict & Co.
No. 21 BROAD
NEW YORK,
STOCKS AND BONDS,
ST..
MEMBERS OF THE N. Y. STOCK E.XCHANGE.
A strictly commission business conducted in the
purchase and sale of Stocks and Bonds on Marutn
or for investment.
Complete Financial Report Issued weekly to -^ur
correspondents.
&
Co.,
NASSAU STREET.
BILLS OF EXCHANQE ON
SMITH, PAYNE & SKIITH'S,
BANKERS, LONDON
BIANCH£STER dc COUNTY BANK,
33
BANKER
AND
Buysatd
"LIMITED;"
MASCHESTER, PAYABLE IN LONDON
ULSTER BANKINe COOTPANY,
JosBPH
John
George Stark
&
F.
&
Lichtenstein,
BANKERS,
39 tVIUIain
w. C. McKean,
Member of N. Y. Stock Excb'ge
BANKERS,
Buy and sell Investment Securities for cash or on
oommission. A specialty made of Western Farm
Mortgages bearing from 7 to 10 per cent interest.
Will undertake the negotiation of loans upoa
Western City property in large or small amounts.
Kimball &'
J^. tT.
Daniel
27
4 Exchange Co
<ri.
New
NEW YORK.
A. Moran,
PINE STREET,
NEW YORK.
(Member of N. Y. Stock Exchange.)
Nesotlates First-CIa«8 Railroad, Slate,
and City Iioans.
Buys and
sells for cash,
or on approved margin,
Securities dealt in at the Stock Exchange.
all
A
choice line of Investment Bonds always on
band.
Correspondence
WALSTON
Co.,
BANKERS and BROKERS
McKean,
,
Co.,
BROADWAY, NEW YORK.
No. 42
gc
street,
sell^on commission—Government, Railway and Miscellaneous Securities. Receive deposits
ubject to check, and allow interest on balances.
Stark.
H.
solicited.
BROWN.
FRED. A. BROWN.
Walston H. Brown & Bro.
BANKERS,
New
York.
in V. Y. Stock Exchangl.
11 Pine Street,
-Tork.
^f*'^,SelltH
Commission, /or Cof/S, <w «.
Margin, Stocti, Bonds, and ail InvcttmAa
Seeurititt, in loU to tuit.
N. T.
SPECIAL ATTENTION GIVEN TO THE NEGOTIATION OF
RAIIiROAD SECURITIES.
Beers, Jr.,
BROOKLYN SECURITIES, CITY B0SD8,
Gas Stocks, tct..
No.
1
NEir STUKET,
NEW
YORK.
3
C. I. Hudson & Co.,
EXCHANGE COUBT, NEW YORK,
at the
Branch Office and Private Wire
"Cr.>iBEHLANU,"iiroadwayand 22d
Street.
Buy and sell on commission,
for investment or on
marnin, all securities dealt in at the New York
^tock Exchange.
R. B. Leab.
C. I. Hudson,
T.
Curtis.
Member N.Y. Stock Exch.
h
iBoodi^t
D. Probst & Co.,
J.
STOCK AND BOND BROKERS,
LABLB TRANSFERS AN D LETTERS OF CREDIT
Knoblauch
Lloyd.
Buy and
SEE GAS QUOTATIONS IN THIS PAPER.
NATIONAL BANK OF SCOTLAND,
ALSO.
P.
34 'WXIaIs
i>£:ai.t in.
Geokoe Stark.
MERCHANT,
sells
Lloyd
AND
GAS SECURITIES^
BELFAST, IKELAUD
AND ON TQX
EDINBURQ, AND BRANCHES;
COM.\IISSION
Inycstmett Securities. All business connected with railways undertaken.
;
,
Samuel A. Strang,
PINE SiREET, NEW YORK,
30
GAS STOCKS
n^iart mcmitrthip
&
ESTABLISHED
NEW YORK.
6TREET RAILROAD STOCKS AND BONDS
Wml
John D.Mairs, Lyman W.
Claflin,
BriKgs, S. B. Chittenden.
PARIS.
BTERLma CHEQUES AND BILLS AT SIXTY
DAYS' SIGHT ON
ALEXANDERS
'' Stranahan, Charles Dennis,
^^'\,?-S"'l.- 'ifM.
Richards, II. B.
HEAD OFFICE:
260 St. James Street, irffintreal.
EDWAKD KAWLINCiS, Manager.
BROOKLYiV SECURITIES,
&
_„
„ EnwARi) Stark, General ABCiit.
^}^^"0}<-S-G<!UTIC6 T. Hope, A. B. Hull. O. 5.
Williams, W.G. Low, A. S. Barnes. H. A. Hurlbift,
tion to the
S9 EXCHANGS PLACB,
COKKBB BROAD BTKSET, KKW TORE.
No. 8 Trail Street, New York,
No. 4 Post Office Square, Boaton.
CHEQUES AND CABLE TKANSFEBS ON
Broadway.
Uichari>8. President.
Lyua« W. BKIGG8. Vice-President.
John M. Crane, Secretary.
to December 30th, 1878,
just published.)
Fuicus, &c., may be had on applica-
AND ALL KINDS OF
Issue Letters of Credit for Trarelerss
ot tru.st.
Full information can be obtained at the office, 187
Wm. M.
isthetmly
BANKERS,
Payable In any par of Enrope, Asia, Africa, Aiutralla
and America.
Draw Bills of Exchange and make telegrapkle tram.
ten of in*ney on Europe and California.
ine Bdflity or persons holdinit ])o»itions of
.''^'e"'"'''""^''' thus securing »
P-?fiVo,'!V7.'i.'!.?'.-?Sl
(,OUP()RATB GUARANTEE
in lieu o) ii personal
bond where security is required for the faithful perrorn>ance of the duties of employees in all positions
Company on the American Continent that has
And the Gross
YORK,
The only company In the United States Kimrantce-
This company's Suretyship is accepted by many
of the princiijal U. S. Railroad Companies and some
of the Banks. In Canada its Bonds are now almost
universally required bj; the Governments, Bajikg,
Railways, and Commercial Institutions.
The Canaija Guakantke Company
CASUALTY CO.
NEW
inu
Canada Guarantee Co.
Buecesslully conducted this business.— a result of
which is that it has been able to establish a Bonus
system for those who have been 3 or more years on
the books, m. ereby the subsequent premiums are
annually reduced,— (he reduction thia year U from 15
to 35 per cait on the ttsual rate.
The advantases of transacting business with this
Company are that it Is a well-established Instttution, and has ample reserves, over and above its
capital, to provide .tKuinst exceptional reverses.
The most complete and reliable information is obtained asto the unteccd<'nt8 of Employees, and this is
really of the first importance to the Eroplojer, as
also the system of periodical supervision and revision of those on the Company's Books.
Over tlOO.tKK) have already been paid by this Company for losses by unfaithful employees, itnthout a
single contest at law.
The Available Assets of the Company (at
31st Dec., 1878) over and above uncalled
Capital, were
1110.046
&.
OF
GRANTS BONDS OF SECURITY FOR ALL
ELIGIBLE MEN IN SUCH POSITIONS AT A
TRIFLING CHARGE PER AaNNUM.
COJTIPANV,
52 WALL STREET, NEW YORK.
38 STATE STREET, BOdTON.
John Munroe
FIDELITY
FRIENDS TO BKCOME OR CONTINUE HIS
Sureties, as thb
19 B90AI) BTEKET,
BARING BROTHERS &
ARE ISSUED BY THE
and Kniployees or Bank
and Kallways.
Officer*
No Bank ob Railroad bmploveb Need ask bis
Depoiita received subject to Draft. SecurltleB. Qold,
Ac. DOQgbt and sold on commiasioo. Interest allowed
on Deposits. Foreign KxehaDge. Commercial Credits.
Circular Letters for Travelers,
Cable Transfers.
available In all parts of the world.
Brown
For
&
BANKERS,
So*
68 Broadway, cor. Exchange Place,
No. 52
EXCHANGE PLACE, NEW YORK.
Stocks, Railroad Bonds, Governments and
Miscellaneous Securities Bought and Sold.
Exchange Place. TRANSACT A GENERAL BANKING
BUSINESS
NEW YORK.
Hickling
Co.,
INCLUDING THE PURCHASE AND SALE OF
Make Telegraphic Money Transfers.
STOCKS
AND
BONDS
FOR CASH OR ON MAR- 40 & 42 Exchange Place, New Vork,
Draw Bills of Exchange and Issue Letteraof Credit
GIN. BUY AND SELL COMMERCIAL PAPER.
Buy and sell all N. Y, Stocks, on 3to5percent mar}n all principal clUes of Enrope.
St., cor.
SPECLAL PARTNER,
Berlin.
DEUTSCHE BANK,
&
P. O.
D. A. Boonr.
Reuben Lelaxd.
Box «7.
C.
W
f. G.
MCLKILAN. Jr.
Saltoxstau-
fin. I*rivilegcs at favurable rates. $50. 100 shaires.
f desired, we will use our judgment in selecting
Blocks.
Opportunities constantly occurriny fur
lar^e proflts. Call or write for information.
^
-
December
THE CHRONICLE.
23, 1880. J
Financial.
The Brooklyn
&
Cor.of MontOKUO
iU
FlDanctal.
FInanHai.
The Mercantile Trust
Trust Co,
CUntnnstfl., Brooklyn, S. Y.
CO
omen
P A NY,
.M
This Company
ftct
Is authorlted by specliil charter to
&A receiver, trufiteo, Kuurdlan, executor, or ad-
min iHtrutor.
It can act as affent In the sale or management of
real estate, collect Interest or diTldends. receive
rexlstry und transfer books, or niako imrunaae aud
sale of tJ<tverniiu'nt and otlier sccurltU-s.
KellvloUH and churltablb iiistitntlnnH. and penoni
unaccustomed tu the truiiHactlun i»f buslnesa. will
Hnd this Compunv ii uafu and coiivi>nieiit doiHialtory
RIPLKV UOPKS, President.
II. MARVIN. Vlce-Prei't.
EOOAR M. CULLEN.<'oun8el.
TUUSTKE9:
Wm. B. Kendall, Henry Han^or, AIox. McCn*,
John I*. Uolfe,
(^hiis.R. Marvin. A A. Low.
formoney.
WM.
R.
BUNKEK,
STHEET,
DEALER
ooupnny
NEW VORK,
IN
in
any
Interest Allowed on DepoHitR.
DIRECTORS
C. Chew,
J.
WAIX STREET, NEW YORK.
RONDS, LANDS,
dec.
Dc?irablo Texas Securities for InveatmeDt con
stantir on hand
Baltimore Bankers.
No. 19
874.
&
Sons,
Jose F. De Navarro.
Richard Irvin, Jr.,
Robert Garrett.
Msreellus Hartley,
Charles R.Flint,
John
Jonas M. Llbbey,
Elbert B. Monroe,
Whitelaw Reld,
EDWARD
BROKERS,
BONDS. AND
AND
DEALERS
&
Wilson, Colston
Co.,
and VIRGINIA BECCRITIBS
tnforii.atlon
Brother!
top
Jo?. M.
Shoemaker.
Thomas & Shoemaker,
BANKERS AND STOCK BROKERS,
PHILADELPHIA.
134 SoutU Third St.,
Dealers In all Issues of United States Bonds.
Investment Securities a specialty. Correspondence
invited and full Information upon financial subjects
PHILADELPHIA.
Government, State. Municipal and Railway Bonds
and Stoclis bciunht and sold at ail the E<cnangc8.
Inve*itments prudently made in sound railway se-
Collections l>romptiy attended to.
Correspondents carefully represented at Auctions
Bonds of good but not wellSales.
known railroads always wanted lor investments at
the best rates. Orders on mariiius not entertained.
curities.
&
kirk,
COLORADO.
8 TO 9
PER CENT MORTGAGE
ON IMPROVED DKNVEll REAL ESTATE.
A
GrRLEY.
R. A.
GCHLEY.
Gurley Brothers,
TABOR BLOCK, DENVER, COLORADO.
Dealers In reliable Mining Properties. Gunnison
Mines a specialty. Corre!*[Hindence requested.
Relerenoes— Tiic Denver banks.
FOR SALE;
KR. Ist Mort.
Piicitle
Bonds.
Scioto Valley Itallroad Bond? and Stock.
New Jersey Midland Railroad 1st Mortgage Bonds.
WiU.
it,.
UXLEY,
Bummated.
During the Winter months It U the lataatloa ol
the Company to ntlllie Its boots In Sontbem wotars,
so for as they can be profitably employed.
The Company Is organised nnder tba laws of Ktw
Jersey, and snbtorlbcrs to tba stock will inear ao
liability beyond the obligation tu pay the smooot of
their subscriptions.
We
recommend this Investment as one pmailslmr
Isrge returns, and well worthy the sltentloa and
conBdencc of the most careful Inreatora.
Each subscriber will receive for every tl.OOO of
stock allotted and imld lor First MoftcacaBonasof
the Comi>anr (bcartng Interest at par oastl to tbo
amount of t'J!^,
The terms of the subscription are as follows :
Ten per cent on allotment.
Ten per cent February S. ISSI.
Ten iH'r cent March X, IWI.
Ten per rent April D 18X1.
Ten percent May (, ItWl,
and the remainder In Inaialments of not exceoding
10 per cent on lao days notice pravloosly given. Meceipts will be given for eocb payment, and tbo
Bonds and Certiilcates of Stock will be luued upon
the payment of the flnal Instalment.
Subscriptions will be received at tba nfleea of
either of the undersigned from December SB Instnntll
January
12. 1881.
A KING. No.
as
Broad Street.
JAMESON, SMITH ft COTTING, No. 12 Wall
SCOTT A l,KA VlTr. .No M Brood Street.
New York, December 1«, 18W).
The undersigned, who are stockbolders
rectors of the Iron
Btoamboat Company,
in
8t.
and Dieon-
fully
cur In the above statemoat. and curdloily recommend this stock to persons seeking a safe and
profltable Investment.
GEO. S. SCOTT, sf Soott A Leavltt.
LEWIS V » V ..f \;,f ft ifing.
'f Jameson. Smith ft Oottlog.
JAMES
J. Cborn A Co.
C. J. 0^
<^oN. of Kennedy, Hat«blB>
WM. J
'
JOHN ROACH, of
A Son.
Wm. UealbACo.
John Roach
C. K. olINCEr, of
W. E. CON.NOB.
Of Pennsylvania Bal)>
CHRIS. MEVKK.
J. B. iioi'STON. President Padfle Moll Btaaa^
ship Conn anv.
A. R. WlllT.VEY.
N. G. MILLER. Bridgeport. Conn.
EDWARD WIGHT.
CH AS.
H.
CRAMP, of Cnmp A Sons,
Hatch
BANKERS,
&
No. IX
atrr
Pbllad'pblo.
Foote,
WALL STBBBT,
An> sou,
GOVERNMENT BONDS. STOCKS AND MI9CKL>
Detroit A Bay Cfty Kallioad Bonds.
Chicago Atirand 'rrunk Railroad Bonds.
Flint A Pere Marquette Hailroad Securities.
St. Joseph A WesULrn Itallroad Securities.
South Carolina Ittliroad Securities.
Wiscimsin Centr»l Itailroiul Ijiml Crant Bonds.
County, Citv and Town Bonds of Western States.
City of St. Joseph, Mo.. 7 and 10 Per Cent Bonds.
Iowa Central Hailroad itld Bonds.
AKhison Colorado *
spouse to an nrgant pabllo demand, must at one*
prove very profltable.
The contracU alrtndy entered Into will Insars to
this Company from tbo outset a bailneu limited
only by Its capacity, and arrangemeni. are In ooona
of oompletlon witb the Srle and Paan.ylvaai»
Railroad Companies ander which It will acquire, la
addltloD,a large and profltable excursion baslnasa_
The company will extend Its operations as rapidly
as exclusive and profltable connections eao ba eaa-
SAMUEL CARPI»TBR.
Company.
BONDS road
RUKUS HATCH.
Abundant security. Also local Investment Securities offered. Correspondence solicited.
C. I>. G URLEYJJenver, Col., agent In Colorado for
GEO. P. B18SKLC CO., Bankers, of Hartford, Ct.
C. D.
:
I
W^ ANTED:
A. P. Turner & Co.,
BANKERS,
and Private
NEBRASKA
No. 4 Broad StMset, Neiv York.
furnished.
No. 207 Wnlnut Place,
and
ALSO.
* Co,
PbilHdeipliiu Bankers.
Seo. C. Thomas.
KANSAS
tobey
Iron Steamboat Co.,
.hsres of one hondrnt dullsra Mek.
This Compuy la bulldloc. sad will ka*a la rsMU
oess for the eoaloa MaaoMf tsasna. a la«s« Mat ct
Inin Steamboats, •apeelaltys4ap(a<l fortlltra«alramenu of possencer* of ireot ipeod, eoaatraaloA
In the moat aabatantlol moaa.r,
and with nan.roua water^tgkl
wiilch will render them Inospatile of slnkliw.
trastad with the ordinary wimmSvu staamboata. thay
oaonot tail to coaoiaad, at hiably raiaaanatlia
rateo, the patronais of the grsat majortty of tb«
travellni pnblle.
The Company bos enterad Into euotrssta aitaad.
Ing over a term rf years, ander wbleb It baa
acquired the exoaslrs rKtat to oiarey possaavers
from New York and IU rielnlty to tba Iraa liar at
Coney Island, and a similar exeluslra n«bt to eoavej passengers to Coney Island In eonaaetloa wnb
one of the leading railroad, to Ibat plaea. la vlaw
of the vast nnmbcr of people who vi.li tbis famoaa
Summer resort, M Is evident that a line of atasBbosts posaassinc tbese sxclnsirs priTllaaas, aaa*
atraoted In such manner as to oummaad tba bl^bart
degree of pnblle conSdenoe. and famlsbad In r*.
MAY
:
County and TonrnsUip Bonds
OF THE STATES OF
SIISSOURI,
M.
We
Gilder,
Members New York Mining Stock Exchange.
•
ipeclaltT.
alslied.
&
All Classes of Railroad Bosss.
BALTIMORE.
.
W. Howard Giu>xs.
52 BROADWAY, ROOM 10.
STOCKS. BONDS AND MISCELLANEOUS
SECURITIES
BOUGHT AND SOLD ON COMMISSION.
City,
BANKERS ANi) BUOEERS,
Y CoKRKspoNDKNTa— McKlm
York.
sah'l drdatis.
Henry
flnancialsubjects furnished.
N.
New
wooo.
informution on
full
and
Davis,
WANTED
BALTIiUORB, mo.
aoUcUed
Secretary.
GOVERNMENT BQ{»8, MUNICIPAL AND
RAILROAD SEClnJlTIF.8 BdUGHT AND
SOLU ON CO.«Ml^SION.
CHOICE RAILROAD MOKTGAGB BONDS
IN FOREIGN E.KCHANGE,
Corner Sonth and (wevmau Street*,
{nVBBTMENT
Treasurer.
DEMING,
Chari-es Seton Henry.
W.S.Whiteley,Jr.&Co.
Correspondence
C.
FOR SALE.
Beth H. Whitbi,e5-.
Correspondence invited and
McCook,
J.
MONTGOMERY,
Wood &
TBANfSACT A GENERAL DOMESTIC AND FOREIGN BANKING BUSINESS.
STOCKS, NOTES
L.
HENRY
c. d.
BALTIMORE.
Jr.
Fred. L. Atoes,
31 Pine Street,
BANKERS,
W. S. Whitelky
Sidney Dillon,
William H. Smith.
James M. Halslesd,
BANKERS AND BROKERS,
SOUTH STREET,
No. r
Russell Sane,
William O. Lambert,
B. r. Randolph.
GERMAN STREET,
RALTI.nORE.
Robert Garrett
Oould,
WlUlam A. Wheelock,
Thomas T. Eckert,
Henry Day,
LOWNllES.
Brown & Lowndes,
BANKERS AND BROKERS,
Box
J»jr
William R. Garrlton,
Ilenry B Hyde,
TEXAS RAILWAYS,
President.
Vice-President.
MORGAN,
O.
Hinry A. Hurlbnt,
Solon Humphreys.
Henry G. Marquand,
JoUn T. Terry,
Henry M. Alexander,
MISCELLANEOCS SECCRITIR?.
t
LOUIS FITZGERALD,
GEORGE
AND
P. O.
and
Alao, to act as Truii-
and as Registrar and TransAgent of Storkn.
TRUST COMPANYS' STOCKS.
& Bonds
C. D.
u Ex-
tco for Mortgages,
fer
WiLLCox Brown.
money a
autborlzcdto uct
iKialtlon of truat.
City and other Railroad Stocks
J.
is
ISON.
depository for
l<>gal
and
Wall
are aotaortuil to rseol** s»boa>1«4Mas for »
limltnd omuant (not eseaodiac |«,OPOjdOM, «( tb«
capital stock uf the
SIILLI0N8
ecutor, AdnUulstnitor, Qiuirdluu, Rceelvor,
GAS STOCKS A.\D BO.\DS,
TELEGRAPH STOCKS,
No. 7
a
In
liuld into Court,
It
SCOTT k LBAVITT, NoJ« BroM MrtM.
In
CIIAUTKRED
Till*
Secretary.
NOYES,
C.
81 NASS.IV
CAPITAL AND SURPLI'S,
R. Hay Its, Flenrj^ K..^heIdoD
H.K. Plerrepout, Dan'H'liauncey, John T.Martin,
Alex. M. White, Joslah O. Low, Uli.Iey Hopes,
Austin Corbin. Udrnund W. < r>rlles.
WM.
BBOAUWAY, NEW YORK.
TWOANDONE-qUARTER
CHAS.
Thomas Sullivan, Abm.
1!I9
OP
MAT A Ktna.-no. n Braa4 MrMt.
JAMMON. IMITII A ComMl, No.
EQUITABLE BUILDING,
31 Flue St., M. Y.
LANEOL'S 8KCCBITIES.
Hilmers,McGowan & Co
BROKBRS
l.f
Foreign Excliange, Stoclis and Bonds,
63 WaU Straot, Neir York.
Special attentloti paid to orders at the New York
Stock Exchange and New York Mining Board.
!
:
THE CHRONKJLE.
if
Financial.
Financial.
December
15, 1880.
The Board
of Directors bare this day declared a
-dlTtdend of
THREE AND ONE-HALF PER
CENT
January
(S^), payable
3,
nntU wblcta
1881,
date the transfer books wlli be closed.
Cashier.
rpHE HANOVER NATIONAL BANK OF
THE CITY OF NEW YORK, Nkw Yokk. December il. 1880.— Dividend.—The Board of Directors of
THREE
hare declared a Dlridend of
this Banli
AND ONE-HALF PER
CENT, payable on tile 3d
The transfer books will remain
•of January next.
WILLIAMS,
A. B.
"tv
CENT,
-The Board
of Directors
ay declared a diyidend of
FOUR PER
ecember
TORi^^'.^
hare
Assistant Cashier.
BANK OF NEW YORK, NEW
•riifc.o..
For every $1,060 cash paid \^
|
JtOT^k .'.'l iooo j *^''>°^
Subscription opens December 28 and closes 80th
at P. M.
For further particulars apply to
WOERISHOFFER & CO.
21, 1880.
payable on and after January
The
3. 1881.
transfer books will remain closed until January
FERRIS,
B. B.
1880.—Coupons of the First Mortgage Bonds of this
Company, due January 1, 1881, will be paid by
JOHN J. CISCO 4 aON, 59 Wall Street, New York.
K. W. CAVE, Treasurer.
OICHiHOND
Cashier.
rPHE BOARD OF DIRECTORS OF THIS
-L Company have this day declared a dividend of
One-half (2J^) per cent upon Its capital
stock, payable on the first day of Fei)ruary next at
this office.
The transfer books will be closed at three o'clock
COMPANY.—COUPONS due January 1,
be paid at and after maturity on presentation, at the olBce of Closson A Hays, No. 11 Nassau Street.
F. O. FRENCH, President.
York. December
1880.-The
23,
COUPONS
Bonds of the Central Pac
First Mortgage
New
Nassau Street,
CO., No. 9
of the
Rail-
flc
road Company, the Western Pacific Railroad Com-
pany and the California & Oregon Railway Company, due January 1, 1881, will be paid at the ofiBce
of Fisk 4 Hatch, No. 5 Nassau Street.
Holders presenting tenor more coupons will leave
them for examination, in which case a receipt will
be given and payment made on the following day.
HUNTINGTON.
C. P.
months ending December
upon the ln''ome Bonds of this
for the six
31, 1880, wili be paid
company on and
alter January
3,
1881,
s,t
the
office
of the Corbin Banking Conipnny, 115 Broadway,
New York. Bonds must be presented for indorse-
ment
of
same when
paid.
G. E.
TAINTOR,
Treasurer.
The Lake Shore & Michigan Southern
b.\ilu'a v co., tueasurer'.s office, grand
Tentrai. Dkpot. .Vew York, l>ec. 21. IHttO.
THE BOARD OF
)
;
)
DIRECTORS OP THIS
Company liave this day declared a oividend of
3"0UR PERCENT upon its capital ftoc», payable
on the FIKST day of February next, at this ottice.
The transfer books will be closed at 3 o'clock
P.M. onTHUltbUAY, tlie 30th inst., anu will he
'reopened on the morning of Saturday, the 5th day
•of February next.
E. D. WORCESTER, Treasurer.
The Michigan Central Railroad Company,
Treasurer's Office. Grand Central
depot, New \ ork, i)ec. 21. 1880.
VPHE BOARD OF DIRECTORS OF THIS
A Company have this day declared a dividend of
FOUR PER CENT upon its capital stock, payab e
1
'
January 1,
on the First Mortgage Bonds of this company
will be paid at the Banking House of Geo. Wm.
Ballou 4 Co., New York or Boston.
HERBERT STEWART, Tre asurer.
first
day of February next at this
'•
'1
opened on the morning of Saturday, the 5th da? of
February next.
C. VANUBRBILT, Treasurer
QHIO CENTRAL RAILROAD
CO.,
NEW
YORK, December 20,' 1880.— The
coupons from the
First Mortgage and Terminal Trust Bonds of this
company due January
1,
1881, will
be paid
COMPANY, New York, December 8,
DIVIDEND No. 54.
The Board
of Directors have declared a quarterly
B. G.
Pennsylvania
MITCHELL,
York.
la
come Bonds dated
CENT
ly safe.
CLAKK, POST & MARTIN.
U.
CUMMINGS,
No. 20
No, 26 JSxchange Place.
New York
City.
HORACE WHITE,
Treasurer,
3, 1880.
D.
TAYJ.OR,
Treasurer.
Paul Minneapolis &
Manitoba Railway Co.,
St.
(DAKOTA EXTENSIONS,)
First Mortgage 6 Per Cent Gold Bonds.
Due Nov. 1, 1910. Interest payable 1st May and
1st November, Secured at the rate of |12,000 per
mile on completed and equipped road.
Full particulars on application.
Issue Price, 104 Per Cent and IntO'est.
1ST. PKOX.,
AND
Series
A. 2.— Cleveland Columbus Cincinnati A Indianapolis Railway Company
$39,000
A. 3.— Cleveland Columbus Cincinnati A Indianapolis Railway Company
145,000
B. 10.— Minneapolis & St. Louis Ky. Co
172,000
B. 15.— Minneapolis i St. Louis Ry. Co
174,000
B. 80.— Cairo A St. Louis Railroad Co
26,000
Dec. 16, 1880.
H. A. v. POST, Treasurer.
SEVEN PER CEWT
FIRST
MORTGAGE BONDS
OF
TlIK
NATCHEZ JACKSON & COLUMBUS
JlAlLliOAD
COXPANX.
Due 1910. Interest April and October,
Bank of America, Nov York.
Lengtli of road 100 miles
;
at
whole issue of bonds
$600,000, being $6,000 per mile.
For Sale at 92,^ and Accrued Interest.
BRITTON
Ac
BURR,
27
WALL
ST., N. Y.
Further particulars furnished upon application.
National Bank Cases
y oE
i; in
E 2.
Edited by Irving Browne, Editor of Albany
Law Journal and American Reports.
The undersigned has just published Volume 2 NATio.NAL
Bank
Cases, which includes
ALL DECISIONS RELATING TO NATIONAL BANKS,
either the Federal or State Courts since
1S7S to the da e of publication.
of oH the Crmr(« since the publication of that Vol-
ume, Including many not yet published
In the reguseries of reports, with elaborate notes on
various subjects of interest to Banks and Bankers.
It also contains tlie National Uanking Act, the
copy of which Was lurnished by Hon. John J. Knox,
Comptroller of the Currency, to which the compiler
has added references under every section, to the
cases in b»th Volumes construing or in any manner affecting said act.
The present volume contains many cases of vital
importance, especially on tbe proper mode of taxation of National Banks, their power to take real
estate security, and their liability for special deposits for sate keeping. In the two volumes will
be found tvery case decided on the subject of National
Banks.
lar
Sent Free on Receipt of Price, S6 00.
B. PARSONS, Jr.,
JOHN
LAW BOOK
FOR SALE BY
S.
KENNEDY
No. 63
ic
WILLIAM STREET.
vestment securities, carefully selected, yielding
from SIX to SEVEN AND A-HALF PER CENT
per annnm. Special attention given to business
States.
Correspondence
Y.
ADDRESS
SmiTH &
Levy & Borg,
No. 8
solicited.
I.OND0^, CANADA.
Managing Director.
H.41«.VAMAM,
Indianapolis, Ind.
Tbe Financial Association of Ontario,
EDWARD LK EUEY,
N.
7 Per Cent Mortgages,
in a position to furnish investors with choice in-
from the United
ALBANY,
FOB CHOICE
THE FINANCIAL ASSOCIATION OF ONTARIO
is
PUBLISHER,
CO.,
Dominion of Canada.
TWO PER
o ??M^JlC?^?'f^Hi^"''"3rTTvinATraN
m.MPANV
Nassau Street, New
ALL, COUPONS DUE
the principal of all bonds dui^ on that date issued by THK RAII,ROAD EgUIPMISNT COM.
PANY, secured by rolling stock furnished the fol.
lowing railroads under Car Trust form, will be
paid on and after that date at the offices of
CLAKK, POST A MARTIN, 34 Pine St., New York.
K.W.CLARK A CO., No. 3S So. Third St.. Phila.
The volume is on the plan of Thompson's National Bank Cases, and contains alitiie decis'ons
JOHN
1
York
December 15 ISW.-The COUPONS due January
1
1881, of the bonds of the Oreuon Railway & NavlBatlon Company will be paid at maturity by
The ii'armers' Loan ,i Trust Company
PINE STREET.
maturity for examination.
on the In-
President.
No. 34
Made by
J.
ou the Income Bonds of the EVANSVILLE
DIVISION, dated September 1, 1880, numbered
from 1 to 750, inclusive, on presentation of the
bonds at said bank.
.
THE RAII.ROAD EQUIPMENT CO.
We unhesitatingly recommend them as absolute-
are requested to present their bonds to the Treasurer of the Company a sufficient time prior to
Secretary.
will also be paid
January 1, 1880. and
C.
Car Trust Securities have been for many years
a favorite form of Investment in the conservative
Philadelphia market, and there has never been a
case of default, even during and after the panic of
1873. The bonds have, in addition to the ordinary
Car Trust Security, the absolute pledge of
hereby given to the holders of the Penn-
Railroad Company's First
Mortgage
Coupon Bonds, maturing December 31. 1880. that
the said bonds will be paid at the Office of the Company on that date, after which time the interest on
same will cease.
The i:oupoD on said bonds maturing January 1,
1S81, will be paid at the same time.
To avoid delay in making settlements, holders
at the Metropolitan National'
THREE PER CENT
Co.,
PHILADELPHIA, December
Notice
sylTania
at the
BVANSVILLE RAILWAY COMPANY, due Jan.
RR.
TREASURER*^ DEPARTMENT,
COIPONS FROM FIRST MORTTHE
GA<;E BO,mUS of the PEOKia decatur a
New
OWNERSHIP OF THE ROLLING STOCK VESTKD
THE BOND.
HOLDER UNTIL FULLYINPAID
FOr"
(Drexel Building),
Metropolitan National Bank.
Bank.
leading railroad
cent per annum.
1880.
dividend of One and One-Half Per Cent upon
the capital stock of this company, from the net earnings of the three months ending Dec. 31st inst.,
payable at the oflftce of the Treasurer, on and after
the 15th day of January next, to shareholders of
record on the 20th day of December instant.
The transfer books wiil be closed at three o'clock
on the afternoon of the 20th day of December inst.,
and opened on the morning of the 17th day of
January next.
R. H. ROCHESTER, Treasurer.
office.
The transfer books will be closed at 3 o'clock
P.M. on hursday, the 30th inst., and wiil be re-
1881, will be paid
obligation of
''"'''''',T.AS®''I-'JTB
T^TESTBBN VNIO.V TEL,EGRAPB
S
on the
& BURLINGTON
RAILROAD COMPANY.— Coupons due
Vice-President'
1 NDIANA BLOOMINGTON Jfc WESTERN
COMPANY.— THKKK PKR CENT
ArAILWAY
INTEREST
DELPHOS
1881,
Treasarer.
QFFICE OF THE CENTRAL, PACIFIC
ALLEGHANY RAIL-
1881, will
P.M. on THURSDAY, the 30th inst., and will be
reopened on the rooming of SATURDAY, the 5th
day of February next.
VANDERBILT,
Jt
-'-'ROAD
'J'OLEDO
Two and
RAILROAD
First— The direct
" .»..«.««
companies.
Second-'The Capital Stock of the Railroad Equipment Company, which pays dividends of 10 *^
per
HOUSTON & TEXAS CENTRAL
THE
RAILWAY Co., HOUSTON, Texas, December
7.
office of the canada southek!.- railwat )
S
Company, Grand Central Depot,
New York, Dec. 81, 1880. J
O.
6 Per Cent Qnarterly Coupon Bonds,
SECURED BY
22,
closed until that date.
-
ing lines and for purposes appertaining to such
lines, we invite on behalf of said company subscriptions to the following securities
$7,500,000 of the first mortgage six per cent
thirty-year gold bonds of the Mexican
National Railway Company, and
$7,500,000 of the stocli of the same company, upon
the following terms and conditions, viz.:
The subscriber is to become entitled to receive—
:
FRt». TAYLOR,
'
New York, December 23, 1880.
To provide means for the constraclion of the
main line of railway from the City of Mexico to the
United States frontier, at or near Laredo or Eagle
Pass, on the Rio Grande, the right to construct
which has been granted to the Mexican National
Construction Company by the Mexican Government (by the so-called " Palmer-Sullivan concession "), and fur the construction of curtain connect,
FOKTY-FOURTH DITIDKND.
Vol. XXXI.
Financial.
OF WOERISHOFFER & CO.,
BANK OF OFFICE
No. 54 Exchange place.
J^ONTINKNTAl. NATIONAL
MKW YORK,
I
ALL
WALL STREET,
DEALERS IN
CLASSES OF INVESTMENT
SECURITIES.
mm
X
H U N T'S MERCHANTS* M A G A Z I N B,
I
REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OF THE UNITED
[Entered, according to act of Congress, In tbe year 1880, by
VOL.
Wm.
B.
Daka A Co.,
tn the oflloe of the
SATURDAY, DECEMBER
ai.
CONTENTS,
in transit
25,
UbrarUo
of
Sl'ATlC?.
CoagnM, WaahlaftaB, D. C|
NO.
1880.
from Europe, hare been the
8(»^.
cauiea
k
th*
"U
relief experienced.
THE CHEONICU?.
The Financial Situation
Commercial
661 Monetary and
Central and Erie Compared... 662
English News
665
Dr. nepworth on Ireland and
Commercial and HlsoeUaueoua
tbelriah
News
664
667
Becorl-
S.
|
Railway Stocks, Foreign
Exchange, Now York City
Banks, etc
668
ties.
|
j
Commercial Epitome
674
674
Cotton
I
Dry Goods
^hvonxcU.
%\xt
Thb Commercial
TIMES.
Breadstufts
J
|
Financial Chroniclb U Usued every Saturnews up to midnight of PViday.
jutd
day morning, with
the latest
[Entered at the Post OfBce at New York, N. Y., as second-class
mail matter.]
TERMS OF SUBSCRIPTiON-PAYABLE
IN
AOVANCEi
For One Year (including postage)
For 8li Months
Annual subscription
Sixmos.
do
In
do
London (including postage)
do
Subscriptions will be continued
order, or at the publiealion
office.
$10
6
20.
£2
78.
1
8s.
do
until ordered stopped by
10.
a Krillen
The Publishers cannot be Tesponsible
made by Drafts or Post-Offlco Money
Advertisements.
for Remittances unless
Orders.
Office*.
WILUAH
JOHN
O.
B.
Is.
^^ A neat
each.
WILLIAM
7» U
DANA
FLOYD, JB .1
DANA
«c
00., FabHsh«rs,
WiUiam Street, NEW YORK.
Post office Box 4592.
81
furnished at 50 cents postage on the same Is
17 cents. Volumes bound for subscribers at $1 20. A complete set of
the Commercial and Financial Chronicle—July, 1865, to datecan be obtained at the office.
file
cover
£194,000
is
;
bullion, with a reduction in the proportion of
it has
was at 39
date the coin and bullion was £27,-
reserve to liabilities to 42 9-16 per cent, the lowest
reached since the beginning of the year, when
per cent, but at that
the
of
By
it
we have also obtained the returns for
movement in the Imperial Bank
Germany and the Bank of France, and give this parweek
ticular
B.
u to pfty
they are returning like bad pennies to plague the issnera,
and the question is what shall we do with them. The
Treasury will not reconvert them into gold, the banks will
not accept them through tbe Clearing House, so it only
remains for the receivers to keep them until they can be
absorbed by the payers of customs, and thus returned
where they came fiom.
Besides this movement from the interior, there have been
arrivals of $2,037,000 of gold from London and $500,000
from Havre, making for the week $2,537,000, and leaving
in transit $2,000,000 from London and $220,000 from
Havre. A further sum of £90,000 is reported as drawn
from the Bank of England for shipment on Wednesday, but
The Bank this week shows a loss
this was for Canada.
629,023.
The ofllce of the Chkonici.e in London is at No. 74 Old Broad Street
and In Liverpool, at No. 5 Brown's Buildings, where subsoriptions and
iKlvertiitcmcnts will bo t»ken at the regular rates, and single copies of
the paper supplied at
permit this transfer, but not sueh
the expense of
of
Transient advertisements are published at 25 cents per line for each
Insertion, but wlion deHulte orders are given for five, or more, insertions,
a liberaj discount is made. Special Notices in Banldng and Financial
•olumn 60 cents per line, each insertion.
London and Liverpool
to
moving gold. It will be remembered thftt
when the demand for tbe West was most active, ftnd after
the East had been drained of legal tenders, some bftnks
exchanged gold for silver certificates to save the coet of
680
In this manner about $3,500,000 certransporting coin.
681
Now
tificates were procured, and sent West and South.
Quotations of Stoeks and Bonds 670
Investments, and State, City
and Cor^ioratlon Fiuauoes. .. 671
THE COMMERCIAL
tbe domestic movement, the special feature of the
been such as
THE BANKERS' GAZETTE.
Money Market. U.
In
week has been the return of legal tenders and silver certifl.
cates from Chicago.
The condition of exchange hi*
cable
of the bullion
item of thethree institutions below, comparing
with similar figures for a year ago.
it
This statement indi-
money markets of Europe are
from being in a satisfactory position, and warns us that
Europe at some not very d9^n^|^y must put a stop to
cates pretty clearly that the
far
^S^
this efSux of gold.
Dtt*mbtr 22, 1880.
THE FINANCIAL SITUATION.
As we have
Ootd.
appear to have turned at length into a permanently easier
Bank of England
money market. No attempt has been made during the Bank of France
week to interfere with this natural tendency, and if Bank of Germany
manipulation had been resorted
that
it
Sitter.
indicated the past two weeks, the conditions
to,
ij;
would have been unsuccessful.
is
more than
likely
Arrivals of gold
&
—
Totals this week
Totals previous week.
^*
27,424,604
24,750.245
22,053,953 49.280,10» 29,300,000 50341,000
9,012,000 17,000,000 10,402,000 17,000,000
55,816,1<J8 66,28*. lOi'
J5,653,539|<i6,2l4,18t
ti7,126,004
67341,000
(57,254 ..'JSO
66.761,000
gold and diver division of tbe stock of oota of
IM
The above
from abroad, a decided diminution in the outflow of curBank of Germany, Is made on the authority of aa article in tbe Xs Ml
rency to the interior with an actual turn in the current Economitt, some months slnea. Of coarse it ft merely popolareatlaatf,
aa the Bank itself gives no lolVnnation on that point. It Is, however,
at some points, besides the expected heavy disbursebelieved to be approximately correct and wholly sulHcleat for Um pm*
ments of the Government next week and more gold pose* of the abgve comparlaoa.
i
_
—
«
.
THE (milONK^LE.
6^52
The above
merce of Europe
about 56
CROSS EAIiNINOS SECOND
comon a basis of
discloses the fact that the ^^ntcrnational
is
million
at present transacted
pounds,
and that
this
gold
[Vol. XXXI.
St.Paul
Miun.&Omalia
& Springfield
some decided change in the monetary arrange- Cincinnati
Cilcv. Col. Cln. & Indianapolis..
Clev.
Mt.
Venion
& Del
ments of Europe before long, or else a constantly increasing Denver & Rio Grande
Des
Moines
Fort
&
Dodge
sensitiveness.
Dubuque & Sioux City
improved
Flint*
for
the
Pere
Marquette
accounts
What has been said above
to expect
our banks, as shown by the statement made
this week, instead of Saturday, a
Friday
public
holiday. The supply of gold to the banks through the Assay
office was $982,000 on "Wednesday for the gold deposited
condition of
on
Saturday, and $1,727,837 on Thursday for the gold sent
Checks for $1,850,000 passed through the
in on Monday.
This makes a supply of
Clearing-IIouse last Saturday.
last
but as during
$4,559,837 indirectly from importations
week no gold has been sent into the depository of the
the
Grand Trunk
of Canada*
Great Western of Cauada!
Hannibal & St. Joseph
Houston & Texas Central
Ind. Blooinington <fe Western
.
lutcrnatiomil & Gt. Northern..
Lake Erie & Western
Memphis
&
Charleston
Missouri Kansas & Texas
Noithern PaciUc (East'u Div.)..
I'eoi-ia Decatur & Evansville..
St.LouisAlton &T.H.(niain
Do
St.
St.
St.
St.
do
line)
(branches).
Louis Iron Mt. & Southern
Louis & San Francisco
Paul ASiouv City
.
.
.
Paul Minn. & Manitoba
associated banks, it was evident that this supply had not Scioto Valley
Wabash St. Louis & Pacific
been very largely in excess of the demand. The Treasury
Total
operations for the week, deducting transfers of $3,942,531
on Monday and Tuesday (which consisted of gold from the
Mint and silver certificates from Washington), show a loss,
and therefore a gain to the banks, of $1,669,412. This
includes payments by the Assay office, and also payments for bonds purchased, which latter amount for the
week to $61,000, making $2,948,000 since December 1.
These
day,
would indicate that the Bank
was made up
is as follows,
return of yester-
facts
which
on
1879.
Increase
Decrease.
$
$
$
$
42,984
145,514
28,153
29,817
310,000
35.965
22,011
94,543
8,198
88,601
8,918
24,366
32,955
204,367
102,192
58,394
130,813
26,431
62,516
23,426
210,700
44,723
83,759
44,400
8,072
21,849
22,790
183,900
59,401
33,153
79,401
6,608
259,682
<fe
;
1880.
reserve
Burl. Cedar Rapids & Northern
has decreased about 11 million pounds, or 55 million Chicago & Alton
Grand Trunk*
No one can ignore facts like Clikago
dollars, during the year.
Chi(.'aj;o &. Kastoru lUinoiA
CUkaxo
Jlilwaukee
& St. Paul..
these in forecasting the future, and they should prepare us Cliicago
a
rising
Net increase ^20-79 per cent)
* Week ended Dee. 11.
.
WEKK OF DECEMBEB.
485
59,248
2,940
5.978
19,535
24,359
189,269
100,148
56,740
116,977
20,093
53,575
12,312
163,500
4.831
8,596
15.098
2,044
1,654
13,836
6,338
8,941
3.i.513
11,114
53,200
9,210
92,872
24,073
20,327
9,113
3.351
23,254
14,023
184,729
57,301
4,721
1,405
8,167
5,171
2,160
13,00+
42,871
20,149
36,530
1,396
8,004
.37.025
2,550,782 2,111,612
451,569
439,170
-
t
Week ended
12,399
Dec. 10.
tral,
New York CenLake Shore, Michigan Central, and Canada Southern,
reports of the Vanderbilt roads,
The
extremely favorable.
ended September
the rest are for the calendar year, with the De-
presented
week, are
this
Central statement
30
;
all
is
for the fiscal year
Central earned
against 8'49
'Differenc's from
last week.
8,531
f8,683
29,3,53
CENTRAL AND ERIE COMPARED.
The
New York
1880.
.'1,654
3,870
13,329
11,080
73,297
2,729
2,574
222,657
cember business estimated.
average.
37,330
141,644
14,824
18,758
236.703
33,236
19,467
86,012
These returns show that
11"82 per cent on
per cent last year
;
its stock,
the Lake Shore 11 '24
the Michigan Central
and the Canada Southern 6'12, against
.'fe292 417 nOO $293,372,600 Dec.
Looaa and discounts
$954,700
57,0S6,000
55,677,800 Inc. 1,408,200 1"06 per cent. Such figures as these tell their own story,
Circulation
19,431,400
18,474,400 Dec.
43,000
561 900 and nothing that we can say would add force or effect
Net deiioslts
267,0 !8,000 207,629,900 Dec.
17,500
13,300,900
13,318,100 Dec.
to them.
The investors in these securities will have
$66,767,000 $66,907,475 Dec. $140,475
Rcservo held
6S 996 200
70,3a 6,900
occasion for a Merry Christmas, indeed.
Surplus
$2,088,725ilnc $1,531,175
$3,619,900
The roads embraced are all trunk lines, or parts of
Under this improved state of the money market, influenced trunk lines, and the influences at work were therefore
also by favorable railroad exhibits made public this week, the same on each.
The large volume of agricultural
there has been an active demand for all investment securi- produce that had to be moved to market, the augmentaties.
Purchases have been made liberally, not only to tion of the volume of general freight, consequent upon
supply the home demand, but also for Europe. Every the revival of prosperity, bringing with it also an insteamer has carried out large blocks of these stocks for crease of return traffic, and more recently the stimulus
London and for the Continent. The following is our usual given to the passenger siovement, all combin<'d to swell
table, showing the relative prices in New York and Lon. both gross and net earnings, and make the year an
don, this week and last week.
eventful one in the annals of the companies. But perhaps more important than all these was the restoration
of rates to a paying basis, which were so low in the
Lond'd
Lond'n N.T. Lotul'n N.Y. LonfVn N.Y. Lond'n x.r.
previous year that the roads were sometimes forced to
priceJt.* prices. prices.* prices. prices.* prices. prices.* prices. prices.* prices.
carry freight at an actual loss.
To show what a promitI.S.4s.c. 112-53 llSJi 112-53 U3'4 114-41
112-85
113)4 112-35
Dec. 24.
Dec. 18.
per cent, against 7"24 per cent
9-42, against 5*S7
;
;
.
U.8.5s,c. 100 94
101 !4
Erio
47 33
Sd con. lOOOO
111.
Cent. 121-61
100-M
lOlJ^
ipO-9-1
4733
46;*
6014
124
47-33
09 49
126
N. V. C. MU-3S
Beading
48«
l-i4-S7
1«J« 146
2B-68t
52i<
14
I4t«
26-^0•^
52J*
1015ii
101-05
48-35
100-56
125-22
OC-40
133-IH
144-90
1451.4
24-63+
52!<
14601
25 98+
113H
lOlM
101-05
48X
48-47
lOOJt
124!^
145.«
62M
113M
lOlJi^
nent factor in the year's business the
101-53
101
was,
128-12
1S5.H
14RV^
146-T4
26-70
51«
Eich'ge,
4-S3
4-83M
Expressed In their Noi^ York equivalent.
+ Reading on basis of J50, par viilue.
•
So long as these prices show a
it
not seem
will
higher than
on the transactions,
of securities abroad must continue; and so
does continue, Europe must lose gold.
Would it
likely,
therefore,
go on raising
that
the
Bank
until the
of
England
that had the
of the
laiti-r
influence
average rate on
New York
Central been no
compnny would
and net earnings diminished by
in the previous year, that
its
gross
over $2,000,000, equivalent to [about two and a quarter
per cent on each share of
profit
movement
long as
freight in the case
have had both
cables.
this
we need but remark
its
stock.
The Central report being complete for its fiscal year,
it is well to make a closer examination of its statistics,
so far as they have yet been made public.
The expectation, several
limes expressed in these columns of
late,
now
that the percentage of operating expenses lo earnings
in progress at London receives a check.
In the meantime
our railroads continue to exhibit increased earnings,
and
would fall below 5C per cent, has been realized, for the
road was operated at but o3'8 per cent. The net earn-
its
1-ate
speculation
.
offer further temptation-for purchasers.
the second
week
of this
The reports for ings dre thus even better than the very favorable result
month give the following results.
arrived at by us bv«r two months ago in assuming the
THE CHUONICLH
DeCEUBEr
operating expenses at 56 per cent, or about the sanae
663
m
M
in the Erie has thi* year a proSl timoit as large
the
the previous year, in order to anticipate the figures of the Central, the figure* per paaaenger per mile being
annual return now submitted. As is known, only 8 per respectively 68 and 7.1 hundredihs of % cent.
In
cent io dividends was actually paid, and it is now shown 1875-6 this profit to the Erie wai bat 25 buodredlba.
that $3,281,439 of the $3,427,707 surplus remaining after Following are the Central'* paneoger and freight
dividends, was applied to acquiring new terminal facil- statistics for eight year* paat.
It ahoald be aaid
and now equipment. Following is the table given that all the information we have yet been able to obtalo
in our former article, with the 1880 figures corrected to about the company's operations is contained in the proof
agree with the actual results.
sheets that were sent to the papers.
As Iboae do not
ities
Tear
ending
Nept. 30.
Net
Income.
Kxpcnttcit,
Inlcrctt anil
licnlalt.
Ditldendt.
1880...
2i),0',i7,218
17.008,804
19.003.793
21,937,031
21.083,022
28,04K,588
20,833,.'^
2.'),580.67.5
20,I2G,8r)l
31,050,386
]9,U3.i,7:)H
28,9I0,5.'53
20.872.109
28,390,583
33,175.913
20,802,0il7
7,244,8111
727,030
9.523,0,57
7,130,790
7,130,884
7,130,079
7,139.528
7,140,039
7.139,528
7,139,528
7,141.513
2,3.80,207
9,713.354
7,339,195
7,213,075
0,913,347
8.038.445
7,594,4-5
10.509.220
12
20,,i79.085
7,071,871
22,006,093
wo have bid
freight carried one mile,
Unrphu.
to approsimata
these items by dividing the freight earnings and the passenger earnings by the rale per ton and the raU per
passenger.
ft
1?72....
1873...,
1874....
1875....
1876...,
1877....
1678....
1879....
number of pauengert or the tons of
contain either the
Operating
Grout
Eaniingt.
2,570,470
202,515
73,547
•197,312
I
Tammottd.
89»J,917
4.54,957
TonM moved one
Rale per
Um
mtU.
r
3,427,707
eU.
*
1872-73....
1873-74....
1874-75....
1875-70....
1870-77....
1877-78....
1878-79....
1879-80....
DcUclt.
The average amount
received per ton per mile on
was 87 hundredths of a cent, against 79 hundredths in 1878-9, which reflects the improved condition
freight
of rates this year.
The average
we
from
05 in
$)
6,001, US4
6,803.680
0,351.3.50
8,175,535
9,441,243
ynm ber
carried.
1878-9, to $1 18 in
are
1872-73....
1873-74....
1874-75....
1875-76....
187(i--7....
7.630.741
9,878,352
9,422,629
9,281,490
8,919,438
8,927,565
8,130,543
1-05
101
•01
79
•87
—
creased,
it
will
p€i\ rrv/tl
elt.
tit.
2-00
1-43
63
214
338,"34.3«0
353,130,145
2- 14
1-30
•78
101
119
310,847,3-25
2 07
300.302,140
290.953,253
3J2.2 19.045
201
1 14
I-27
1-SO
1-26
Erie the increase was about 150
The number
C—t
per mile. VtrmUt.
3.^0,78I,541
thousandths of a cent on the Erie in the late fiscal year.
The average amount received by that company on other
freight was 809 thousandths, which, it will be observed,
is almost precisely the same as that received by the
Central on all freight.
Most people will note with surprise that the Erie
more cheaply than did
127
330,122,021
1877-78....
1878-79....
1879-80....
freight
1-40
Rale per
Pat 'engert
carried one mil*.
somewhat higher than that obtained by the Erie,
but this is owing to the fact that the Erie carries from
three to four times as much coal as the Central, and coal
has to be moved for a lower charge it was 738
"was
moved
157
l,2ia.OSO,008
l,301.S«O,T07
l,4O4,008,02»
1,074,447,055
1.019.»4«.08A
2.084 .3.55.36R
2.341.473.602
3.851,720.115
rAUEXOKM.
prepared to see that the average
number 01 tons hauled per train has reached 218 from
194 the previous number. The average rate received
1879-80, so
0,114,078
cost of transporting a
ton a mile was about the same in both years, namely
54 hundredths of a cent, but the average expense per
train mile has risen
,1.522,724
of tons of freight
205
1-99
moved one
be seen, about 210 million tons
rtt.
•7S
93
-74
•M
•73
mile in
;
on the
The number
million.*.
of passengers carried one mile increased about 41
mil-
on the Central, and 31 millions on the FIrie, bat as
the passenger movement on the Erie has in put years
been only half that of Central, the percentage of inlions
The
crease on the former is heavier than on the latter.
The Erie had a greater passenger movement than ever
former was "534 before. The Central had not. The Central's passenger
!
the Central.
average cost per ton per mile to the
This is the strongest evi- earnings, though they were $600,000 above those of the
dence yet offered of the improved position which the previous year, were more than $800,000 less than in
Erie occupies by reason of the great improvements that 1873-74. In part the falling off must of course be
cents, to the latter "54 cents.
property and condition since the attributed to a decline in rates, On the other hand, the
The Central is such a Central's freight earnings were over 1} million dollars
In order to
facilities for handling above the highest total previously made.
its
superb piece of property, and
and moving freight are so nearly perfect, it seems show at a glance the progress these two great cor-
have been made
in its
reorganization of the company.
porations have made during the last seven or eight
where years, we have had prepared the following tabalation
Both companies prepare their showing their freight statistics since 1872-73. It woald
there is room for error.
returns to conform to the exhibit required by the Slate be interesting to place the passenger movement of the
Engineer, and the method of making up these returns can two companies side by side also, but we have not room
scarcely credible that the Erie should be able to do even
as well as
it,
in this particular.
Yet we do not
see
very materially. The point may be made that the for that.
Central was operated at less than 54 per cent and the Erie
at above 02
That is true, but is in a great measure ac-
not
differ
counted for by the fact that the Central included
XcK York
in its total
Ion
The
profit to the Erie,
owing
to the smaller rate received, was only 30 hundredths of a
cent on the ton, against 33 hundredths on the Central.
Even in the matter of passengers the Erie is coming down to the level of the Central. In thg year
review
expense
of
moving
a
passenger
elt.
•72-73 1,246,650,003 1 -,57
'73-74 1,391,560.707 140
•74-75 l,4O4,0O>i,0'.i9 1-27
'75-70 1,074.447.0.55 105
'7(;-7Til.019.94S.«*5 101
91
•77-7-< J.O,'^ 1 .35 J .30?
79
•78-79 2.311.473.00;^
•79-.S0!2.551.7'20.115
•87
Kale
Cott ProJU
per
per
Ttntmored
per
ton
ton
otw mile.
lOH
p.m. p.m. p.
earnings $4,364,787 of miscellaneous receipts, while the
Erie had only $019,042.
Erie.
Ceulral.
Kale
per
elt.
IN.
ett.
103
54
•its
•48
37
71 •34
60 32
•59 32
•5»
•25
33
•54
•90
voti lYoJlt
ptr
£?
MM
p.m. p.m. p.m.
elt.
elt.
elt.
1.032.986.000 1468
1.047.420,000 311
1,016.618,050 1^209
•o.Vr
•&i
I,<i40.4RI,921
•88Sl
•«13
..-.--..--,..
-J..!
1,114.5"<<:
•—"
l-OM
....
I.2^24.7-
1,509,2..
1.721,11-.
•.'•
•>....
.....
_
""r
Here we see that while the tonnage mileage on the
the
Erie has increased about 66 per cent since 1872-3, on
The
cent.
per
100
than
more
increased
Central it has
under
a mile was 1'26 cents on the Central and 1 '36 on the
Erie, being a difference of only 10 hundredths of a cent;
uninterrupted march forward, though
in 1878-9, the difference was 39 hundredths, in 1877-S latter shows an
have be.n made during the
additions
decided
1675-6
most
the
42 hundredths, in 1876-7 33 hundredths, and in
would appear to have been
Erie
The
years.
three
last
expenditure.
reduced
»66 hundredths.
the
As
a result of the
—
—
THE (JHRONICLK
664
about stationary daring the first five years of this period,
and so far as the total mileage is concerned this is true;
and yet it should be remarked that this was so only
lecause the Erie has a large coal traffic, which in the
years succeeding the panic was a constantly diminishing
amount, thus offsetting the gains that were made on
Other
freight in
With
the
spiie of the
immediately
dustry
1878-9
the
coal
on general
traffic.
recovered,
tonnage
almost twice that of
same time its improved
pressure
and
mileage
on
the previous
facilities
Thus
it
gave
year.
it
the times.
coal
in-
At
the
a stronger hold
was that while the Central
gained 467 million ton-miles during the last two years,
the Erie gained 497 millions. But the Central has increased its lead of Erie, which in 1872-3 was only
214,000,000 tons, to 830,000,000 tons, and this lead it is
in a position to maintain so long as it retains its present
power over the connecting
Id some cases he found hundreds of families in the
neighborhood, whose only food was a
same
Indian meal,
The cow was gone; the
pig was sold ; bed and body clothes were in pawn ; and
there " they stood in almost utter nakedness and supreme
" despair, face to face apparently with inevitable death."
Then
there was the case of the sick
cult to deal with
;
" the wayside, balf-way to school, lying down on the
" road, in a dead faint, because they had had nothing to
" eat for twenty-four hours." We cannot wonder that
he hurried back to Dublin and said to the committee,
" If we can save no one else, in God's name let us save
" the children." " Ireland," concludes the Doctor, " is
" the sick child in the family of nations. She is afflicted
"not
with
hypochondria,
but
with
a
deep-seated
" national derangement.''
lines.
HEP WORTH ON IRELAND AND THE
causes
of Ireland's chronic
dis-
Hepworth does not furnish us with
any new light. But it is something of value to the
general community a something which may be helpful
eased condition. Dr.
—
IRISH.
The
little
the gift of American charity.
In indicating the
DR.
XXXLi^
who were more diffiand that of the children whose condiin
the year tion in some sections was heartrending in the extreme.
the Erie was "I have seen," Dr. Hepworth said, " little children on
of
business activity the
revival of
fVou
—
towards the final settlement of the difficulty that an
-command attention on this side of the Atlantic. It is intelligent and absolutely impartial American gentleman
not merely the rights or wrongs of the Irish people should have felt himself compelled to point out, with
which interest us ; it is also the probable effect of an special accentuation, the old causes, some of them the
Irish rising on the general peace of the world.
The very causes of which the Irish people most bitterly cominterest which is taken by our people in this ques- plain. It is, he said, a matter of regret that Ireland is so
" No matter what a
tion was manifested on Monday evening, in Steinway much as it is a nation of farmers.
Seldom has so large or so deeply interested an " man's abilities may be, they are all smothered under the
Hall.
audience assembled as that which on the evening referred " damper that he must be a farmer or leave the country."
state of Ireland, naturally enough, continues to
to greeted the appearance of the Rev. Dr. Hepworth.
The Rev. Doctor, as is well known, was one of the
distributers of the Herald Relief Fund; and in that
"
capacity had large opportunities for making himself
familiar with the actual condition of Ireland.
The
"plough," they say; and, says Dr. Hepworth, "they
" never follow it." This, however, is not a grievance,
at least it is not a grievance to the Irish people; and
Dr. Hepworth has the good sense not to make it one. It
is
a misfortune, doubtless; but it is a misfortune for
which they have only themselves to blame.
address was delivered at the urgent request of some
of our leading citizens, to give them the benefit of his
special experience,
and to express
his views
on Ireland
generally.
In spite of much visible excitement on the part of the
audience and of frequent and violent interruptions the
lecturer preserved his coolness throughout; and, as Dr.
Tftylor afterwards put it, he " stuck to his text"
which
Though an
agricultural people, they have no concep-
"tion of agricultural science"; and he might have
" 111 luck follows the
added, they will not be taught.
Prominent among the outside or external causes of
sorrow, special stress was laid upon two
landlord absenteeism, and the present prevailing system
of land tenure. The principle is laid down that where
•was that he should tell the truth and nothing but the money is made, it should be spent
a principle the viotruth and " gave it all round most admirably." If we lation of which is not by any means peculiar to Ireland.
"were to believe such men as Mr. Stephen J. Meany, who The absent landlords are represented by agents
and
•was in Ireland during the period of Dr. Hepworth's agents, as Dr. Hepworth discovered by personal obserTisit, and who addressed the Land Leaguers, in Dravation, are not always angels. It would undoubtedly be
matic Hall, this city, on Wednesday evening, there was a great gain to Ireland if the landlords staid at home
no such thing as famine in Ireland. Famine and all its and spent their money in the improvement of their
attendant miseries Dr. Hepworth most certainly found. estates, rather than in gayety and pleasure in London
"The crop of 1877 had been a great disappointment; and Paris. But Dr. Hepworth has to admit that the
*'that of 1878 was almost a total loss; and that of 1S79 landlord has his rights, too, and that one of these rights
*' had been smitten
by blight. From Donegal in the north is to live where he chooses. Nor does he forget to
" to Kerry in the south one half of the population was remind the Irish peasantry that absenteeism in many
*' actually without
food." The banks were closed every- cases is largely due to causes of which they themselves
thing the farmer could call his own was mortgaged
have the control. To live with the peasantry, as has
rents were long overdue
there was not only no food
and
too often been proved, is to imperil one's life
there was no prospect of food. In these circumstances although, in song at least, it is sweet to die for one's
" a hungry nation knocked at the world's door and asked country, it is sweeter still to let somebody else die for
Ireland's
—
—
—
;
;
;
;
*'
for a crust of bread to satisfy its hunger."
;
Tnis
call
the privilege of living in Ireland.
was responded to by the Herald Relief Fund, by the
The system of land tenure was severely condemned.
fund of the Duchess of Marlborough, and by that of the It is a system which prevents the farmer from taking
Lord Mayor of Dublin.
any interest m the land. He is for the most part, outIt is the opinion of Dr. Hepworth that the generosity side of Ulster, as we have shown already at some length
of the American people prevented a repetition of the in these columns, a mere tenant-at-will. If he, in any
awful scenes and the fearful loss of human life of 184 7. way or by any means, improves his land, he is forced to
.
.
:
Decbmber
land
is
there
On
none.
is
.
665
What is the conseqaence ? The check spcealatton, or to prerent goldTbeiog Mot abroad, bat
very life-blood; and improvement becaase specalaton are well aware that in the eTent of forther
this point, however, there is now but withdrawals takioc place, the Bank lata mut ntmmutiy be
quit.
drained of
little difference
:
THE CHKONIOLE.
25, 1880.]
pay more rent or
.
its
of opinion; and there
is
the less necessity
to dwell upon
it that, soon after the meeting of Parliament, a new and wiser system will probably be established.
Whatever be the fate of the new measure, or,
indeed, the fate of the Gladstone administration, reform
farther adraneed. Monejr la, however, ao rrlactant to rtet I*
price that no other conctoiiion can be arriTcd at bat that Um
apply of sarplat capital In this and other marknia ia napraw
dent«dly large. A fairljr-reroaneratire outlet la eaxerljr aoafhl
bat the schemes which eoromead tbemaeUea to UM
;
prudent are few. The Hall Docks A lUilway Compaay, wUeh
of the Irish Land Laws must now be regarded as a has lately been brought before the poblio. with a eapil«l of
;t3,000,000, with the addition of borrowing powers of iCI,OOO,00O,
necessity.
has been quickly sabscribed. This is, no duobt, a soond and
It is unfortunate for the Irish people. Dr. Hepworth
Talaable undertaking, and the works, if c<iiutniet«d oa eeonomthinks, that they are so easily led away b}' the eloquence ical principles, may be made to earn a fair divldand. tkosffb ii
of irresponsible and self-seeking men.
Brave, rash and most be borne in mind that the Baltic trade, apon wbieb Hall
good-natared to the last, the Irish peasant is yet grossly so much depends, is not so prtMperoas as It used to be. Bom*
ignorant; and it requires but the fatal gift of eloquence of the public companies Introduced of late bare also met with
fair saccesH, bat one of the India Kold mining compaaiea ia la
to incite him to rebellion and to lure him to ruin. The
process of liqaidation, and this fact has damped the ardor of
Doctor has no faith in the men who are at the head of those who were becoming reckless in connection with gold minthe present movement in Ireland; nor has he any respect ing undertakings. Daring the short period remaining of th«
for their measures. They are placing the people in peril present year, not much activity will probably be apparent, bat
and running no risks themselves. The end they seek the year 1881 promises to be one of some animation in flnanafter
enough, but the means are bad. " We
Next to the alteration in the Bank rate, a leading featare fai
" have a right to expect that the leaders will take the
the great success which has attended the new India loan. The
" consequence of their own actions." " But what do we
amount required was £3,500,000 in 8>§ per cent stock, and th«
" see ? This great army of people, frittering away its authorities decided to entertain no tender under 98 per tlOO
" energy by driving the sheep of the landlords into the stock. The loan, however, was sabacrit)ed for at price* Tarylnir
" sea, or shooting the landlords from behind a stone from 10336 to 104M. and the total applications amounted to aa
interest
" wall." It is evident from the whole tenor of Dr. much as £14,500,000. Low, therefore, as is the rate of
which this security yields, it is very clear that though tha
Hepworlh's remarks that the Irish people have more to
general public are becoming more confldent, and seem inclined
hope for from the honest and earnest men who now con- toVourt some risk, there is still a very large section of the comtrol the destinies of the British empire than from a munity desirous of Ijeing upon the safe side. This is satiafaewhole host of irresponsible Parnells, Dillons, McCartys, tory, as there were fears that an amount of reckleaaneaa had
to lead to
and O'Kellys.
And Dr. Hepworth's judgment will been inaugurated which was naturallr calculated to
employ
ultimate trouble. Efforts will of course be made
have the more weight the world over that it is the judgcapital to advantage but during the process, some anfortament of an impartial American.
speculations are likely to be made.
cial circles.
may be good
;
nate
ISI^oiuttxxvii&ammtKciul'^nQlish'^eias
BATES OF EXCHANGB AT LONDON AND ON LONDON
AT LATEST DATES.
XXOHANOE AT LONDON— Dee. 10. EXCHANQB ON LONDON.
On-
Time.
Amsterdain
.
Amsterdam
Hamburg
3mos. I2.m
12-2
Sbort.
3 mos. 20-62
"
20-62
'«
20-62
"
23-55
Antwerp
*'
18-40
CopenbaRon.
. .
Berlin
Frankfort...
—
Bt.Peter8'bg.
Paris
Paris
Latest
Dale.
Rate.
Sate.
«121%
Deo.
9 Sbort.
12-10
«20-64
«20-64
®20-64
Dec.
Dec.
Dec.
Deo.
9 Short.
20-36
®12-2i4
'a'ibHO
® 18-45
"
24ieS24
Short. 23-25 ®25-37is Deo.
9
9
9
2036
It
"
20-36
25-32
•*
....
9 Short.
25-32»a
3 mos. 25-82isa25-57>«
•'
"
Cadiz
'•
Genoa
Dec.
9 3 mos.
173834716
«26-60
52%a52ifl
Dec.
9
26-55
"
Usbon
New York...
Dec.
Dec.
Dec.
Deo.
Deo.
Deo.
....
Alexandria.
....
Calcutta ....
Hong Kong..
Bhangbai....
60 days
Is.
Is.
7%d.
7%d.
....
I
under
Per
"
cent.
3
Bank rata
Open-market rates—
30 and 60 days' bills
3 montha' 1)1118
2\92le
2%»2'g
Open-market rate*—
4 months' hank bill*
_ <*«.
Ptr
2^»S
emontha'bank bills..... ..3^.
4 <fc 6 montlu' tnde bills. 3>t»4
discount houses have raised the rates of indeposits to the extent of one-half per cent,
for
terest allowed
and the quotations are now as follows
The banks and
—
Joint-stock banks
Discount houses at call
3
3
..........
2«*
with 7 or 14 dars' notice
Do
Annexed is a statement showing the present position of the
B»nk of England, the Bank rate of discount, the price of Con.
®1205
47%®47
12-00
Vienna
Madrid
Bombay
Time.
The money market was very firm in the early part of th*
week, which was partly due to the fact that precautionary
measures were being taken, in consequence of the heavy withdrawals of gold from the Bank. The market has, however,
been quieter during the last two days, and the rates are as
117-50
26-25
10 Short.
4 79
7 3 mos.
10
96»Bd.
Is. 7>8d.
Is. T'sd.
3s. 8 Hid.
10
10
10
—
From our own correspondent.)
LosDOH, Saturday, December
with the three previous years:
58. l»8d.
11, 1880.
The prominent feature in financial circles during the week
has been an advance in the Bank rate of discount to 3 per cent.
The Bank of England having lost during the last two weeks
about £2,000,000 in gold, it had become evident that a higher
charge for money was justified but, at the same time, it is
remarkable that so large a diminution in the supply of gold
has exerted so little outside influence. The truth is, an advance
from the low point of 2>6 per cent to the very moderate point
of 3 per cent is a matter of no serious importance, more
;
the price of
the average quotation for English wheat,
second
middling upland cotton, of No. 40 mule twist, fair
retom. oompared
quality, and the Bankers' Clearing House
sols,
1877.
1878.
1879.
1880.
SHs"^ l:ai? "--^^
a
36.447,«M
3,645,43»
'i-as-K
4.484.391
28.6-^7,365
3e.369.99S
27,609,601
23,995,026 23,930^70
5J80.m
20.37e,S8S
24,371.173
deiki-slts
14.737.624 13,288.a9»
Qovemm't securities. 14.365,019 15,649,459 24.346.a)e
17.»e7.6M
20,1 36.119 19,009.7-«0
Other securities
9,746,SSl 12,493,7M
Kes-'ve of notes & coin 13,982,775 15,550,654
other
Coin and bullion In
both departments.. 25,012,245
Proportion of assets
45"27
tollabUities
Bankrate
?m
™J
3
p.
c
6
p. e.
4
p. e.
xd5)«
94 V
97>i
••
Consols
^.
51s. 4£
40S.11446s. 7l
448.100.
Eng. wheat, av. price
7>ed.
^"jlj?Mid. Upland cotton
^'•'ji
10>td.
Na 40 mule yarn ....
}«^
76.330,000 100.074.000
Clearing-Houee rot'n. 151,020,000 86,416.000
the prinThe following are the current rates of discount at
1^
.
some reason for believing, cipal foreign centres
Bank
or hoping, that the American demand for gold for exportation
rate,
of
el.
supply
Pr.
further
that
a
expected
was
cease.
It
to
likely
is
Sij
Paris
gold would be taken out of the Bank yesterday for transmission Amsterdam
3
3>9
Brussels
to New York by to-day's steamer from Liverpool ; but no pur- Ocuoa
4
that
entertained
4
Berlin
chase has been made, and hopes are therefore
4
Frankfort
the present value of money will lead to greater caution not Hamburg
4
4
to
itself
in
Vienna...
likely
is
discount
of
because a three per cent rate
especially as there seems to be
Bonk
Often
market
Pr.
el.
3jB
**
3}«
ajs
3J«
rmt».
Pr.eC
6
St. Petersbnw...
4
Oeneva
Madrid, CmUs *
Barcelona
Usbon * Oporto.
3^ Copenbacen
NewYoiiE
„. '^,
Silas's CaloutU
4
»
3"t»4
•--
4
Pr.
tt.
e*e^
ft
»
3>*
5*6
:
:
:
.
THE (JHRONICLE.
666
[Vol. XXXI.
Other manufactures of cotton show as
As stated above, a large supply of gold has been withdrawn
1878.
from the Bank of England for exportation, chiefly to New Lnce and p.it«nt net
£
06.162
£
York, the importations from abroad having been upon a very Hosiery of all sorts
61,734
Tiirea<i for sewing
lbs.
1,000,185
no
there
has
been
value
silver
of
moderate scale. In the
Other manufactures, uneiiunierated
£
71,291
material alteration, and the value of Mexican dollars has been
supported.
The following prices for bullion are from the circular of
Messrs. Pixley & Abell
Bar gold, fine
Bar Kold, containing 20 dwts.
<i.
»•
».
rf.
GOLD.
per o«. standard. 77 Dija 77 10
per oz. standard. 77 11 ®
silver,
BpauisU donliloons
Huutli American doubloons
fnited States ^old coin
Oerniau Kold coin
per
oz.,
pcroz.
perox.
none bere
peroz.
73
per
Quicksilver, JE6 lOs.
India Council
bills
Oil.
9
4,356,291
I>er oz.
oz., hist price.
.5
1878.
5B
®
were disposed of on Wednesday at
87,225
5.702,199
iji
..
November.
...
18S0.
£.
JL
1.320.880
17,781,210
434,147
13,530,426
..
563,174
12,926.770
1,494,269
8,661,199
2,634,234
9,109,243
4,165.371
15,500,103
SlLVliR.
52>4
per oz
Discount, 3 per cent.
07,228
4.401.144
1879.
£
Imports in November.
Imports in 11 months.
Esi>ortsin 11 mouths.
1 "s
50% a
939,164
bullion have been as under
COLD.
E.vpoits
d.
rf.
nearest.
nearest.
1890.
114.233
50,686
1,060,300
5 1.583
The imports and exports o f
76 3'4®
SILVER.
per oz. standard,
Bar gil vcr.flne
peroz. stand.,
Bar sllver.contaln'g 5 grs.gold
Cako silver
Me-\ican dollars
Ckillan dollars
®
®
«
7-4
Total value of cotton manufactures
£
follows:
1879.
91.631
50%
....
Is.
Imports in Noveiuber.
Imports in 1 1 mouths.
Exports in November.
Exports in 11 mouths.
...
TOT.IL
Imports in November.
IuiiK)rls in 1 1 months.
Exports in November.
Exports lull mouths
The exports
612,072
9,769,970
1,010,552
10,331.461
SILVER.
1.176,176
22,696,740
5,175,023
25,834,564
1,038.131
10.812.932
1,288,588
11.024.353
..
...
GOLD AND
2.359,361
28,594,174
1,722,735
24,551,784
...
...
578,970
6,000,699
658,464
0,892,178
2,073,239
4,670,898
3.292,698
16,001,421
1
November were
Notwithstanding the uncertainty which prevails with regard valued at £1,384,340, against £2,378,873 last year and in the
to the future course of the money markets, the stock markets eleven months to £3,296,299, against £6,404,328 in 1879.
have, on the whole, presented a firm appearance.
The abundThe weather has been remarkably mild, and it is scarcely
ance of money promotes confidence, and there is still a consid- possible to believe that we are almost in mid-winter. The wheat
erable amount of business in progress for the rise.
trade has, in consequence, been exceedingly q uiet, and in order to
The Board of Trade returns for November and the eleven effect sales rather lower prices have been submitted to, but
months ended November 30 have been issued this week, and there has been no pressure, as there is no belief la permanently
they show satisfactory results. Both our import and export lower prices.
trades show an increase, compared with last year, and it is now
The following return shows the extent of the imports and
very certain that the annual return will give confidence in the exports of grain and flour into and from the United Kingdom
future. The following are the leading particulars:
during the first fifteen weeks of the season, compared with
1878.
1879.
1880the corresponding period in the three previous years:
Imports in November
£25,68 i.-'S.i? £34,343,388 £33.420.392
7Md. the rupee.
of gold to the United States in
;
Imports in 1 1 montbs
338,982,932 326,806,185 375,773,204
Exportsin November
15.901,669
17,051,955
18,864,700
Exports in 11 months
178,143,305 174,927,552 204,995,737
The following figures relate to the eleven months ended
36th November
:
Cotton
OWt.
1878.
10.747,942
1879.
11,233,263
1880.
12,975,275
EXPORTS.
1878.
1,113,406
Cotton
Cotton yam
Cotton piece goods
Iron and steel.
Linen yarn
Linen piece goods
Jute manufactures
SHk manufactures
Britisli wool
cwt.
lbs. 231.2d;i,700
yards.S ,337.545,400
tons.
2,150.075
lbs.
17,096,200
yards. 150,434,690
yards. 111.681,900
*
1.741,422
lbs.
6.118.278
Colonial and foreign wool. lbs. 174,258,135
1879.
1880.
1,507,727
1.778.007
215,677,900 106,486,300
3,a99,399,0OO 4,123,231,900
2,639.549
3,5iH,324
15,943.000
15,030.100
145.180.430 lt2.385,000
149,106,900 165,925,000
1.551,342
1.844.102
12,162,100
16,249,200
224,480,838 215,556,689
29,429,700
24,602.400
41,591,600
46,108,900
170.470,300 174.699.100
5,132.100
5,641.001)
4.918,700
5,550.800
6,091,800
8,911,500
Woolen yarn
lbs.
Woolen clotlis
yards.
Worsted stuffs
yards.
Blankets* blanketing.. yds.
28,933,600
40,461,800
176,979.000
Flannels
Cirpets
7,649,100
6,208,500
quantities of cotton manufactured
yards.
yards.
The following were the
5.6.57,300
piece goods exported in N ovember, compared with the corresjjonding month in the two preceding years
Exported to—
Ctermany
Holland
France
Portugal, Azores
1878.
Tarda.
2,718,800
&
Madeira.
Italy
Austrian Territories
Gcecce
Turkey
Egypt
West Coast of Africa
Brazil
Urugiuiy
Argentine Republic
Chili
Pern....,
China and Hong Kong
Japan
Java
Philippine Islands
Gibraltar
Malta
Guiana
&
British Possessions in South
Africa
British IndiaBoinbtiy
™a<lr.is
gen??!
.
Straits Settlements
Ceylon
Australia
Other coantrieg
2,-l0O,*0O
18 SO.
Yards.
2,559,900
2,769,300
4,907,700
6,186,300
6,030,300
2,952,400
6.070,900
2,421,100
3,641,200
3.883,500
4,144,200
1.081,000
2,748,700
21,336,600
7,519,000
1,567,800
3,202,200
5,278,600
3,152,100
4,690,400
15,185.400
1,452,300
3,204,500
4,330,400
2,947.800
28,091,100
3,483,400
5,953,100
3,493.900
1.5^' 8,600
3,903,600
670,900
2.789,700
20,021,100
1,588,300
4.331,300
3.387,000
1,264,100
43.728.100
7.838,000
6,433,500
2.451,600
1,401,400
1,742,600
564,400
4.441.600
18.631,900
3,293.500
7,156,000
3,239,700
902,000
30,715,900
6,940,200
4,640,300
3,515,100
2,647,400
5,620,900
606,900
3,013,700
4,790,600
4,841,000
2,642,000
2,673,700
1,985,600
40.695,100
4.210,100
55,255,200
37,451.600
5.922.800
72,443,700
5 920 900
11,2.'2,400
2,232/200
2,288,300
5,181,700
20,362,100
61.590.100
6.244.100
101.447.700
12,309,700
2,877,400
7,628,500
29,183,000
2,530,8<X)
United St.at«s
Foreign West Indies
Mexico
United States of Colombia
(New Granada)
British North America
British West India Islands
4,201,100
5,576,000
5,086,400
5,941,100
1,166,200
3,869.300
31.740,900
9,471,100
1879.
Tards.
3,750.600
7 451 200
18',9 lo'.SOO
Total unblciKihed orbleached 215,177.300
Total printe<l,dyed,or colored
89,334,200
Total mi.xed materiiils, cotton
predominating
1,585,900
235,464,.5O0
91,496,100
596,200
3,472.100
39.214,600
21.682..5O0
2,680,100
2,690,300
8.224,800
4,179,500
291,276,400
132,420,900
1,623,600
1,993,300
328,584,200
425,691,100
1880.
OWt. 18.902,171
4,938,490
3,754,803
903,368
595.730
11,342,906
3,505,953
Wheat
Barley
Oats
Peas
Beans
Indian corn
Flour
1879.
22.374,377
5,888,202
5,277,166
769,072
853,667
6,491.385
3,143,591
1878.
15,402,817
4.566.205
3,740,103
573.782
477.103
9.601.466
2,090,321
1877.
18,678.243
4,054.914
3,517,678
«fi3.484
1,322,911
8.03«,335
2,157,232
)1JTS.
cwt.
WTieat
Barley
Oats
Peas
Beans
Indian corn
Flour
1880.
1879.
1878.
1877.
475,632
5,573
168,369
54,570
14,374
77,996
49,954
205,102
665,448
5,715
15,674
34,083
11,858
.53,091
645,646
23,038
47,407
7,053
8,417
39,683
14,323
301.993
40.032
35,963
5,684
2,483
90,143
27,986
During the week ended December 4 the sales of home-grown
produce in the 150 principal markets of England and Wales
amounted to 4i,286 quarters, against 38,428 quarters last year
and 57,855 quarters in 1878 while it is computed that they
have been in the whole kingdom 177,150 quarters, against 153,720 quarters and 231,420 quarters in 1879 and 1878 respectively.
Since harvest the sales in the 150 principal markets have been
613,958 quarters, against 404,861 quarters and 837,628 quarters,
while it is computed that they have been in the whole kingdom
;
2,455,832 quarters, against 1,655,500 quarters and 3,350,500
Without reckoning
quarters in 1879 and 1878 respectively.
the supplies furnished ex-granary at the commencement of
the season, it is estimated that the following quantities of
wheat and flour have been placed upon the British markets
since harvest. The visible supply of wheat in the United
is also given:
1880.
Imports of wheat. cwt. 18,902. 171
3,505,953
Imports of flour
States
Sales
of
1879.
22.374,377
3,443,591
1878.
15.402,817
2,090,321
1877.
18,678,243
2,157,232
home-grown
produce
10,641,933
7,173,600
14,519,000
12,220,600
Total
33,050,062
30,991,503
32,012,141
33,056,075
524,536
304,434
693.434
659,974
33,525,476
32,687,134
31,318,707
32,396,101
Av'ge price of English
423.6,1.
wheat for season (qr)
Visible supply of wheat
bush. 24,600.000
intheU. S
27.850,635
Deduct
exports
wheat and flour
Result
of
433. 3d.
5d.
543.9.1.
17,015,020
10.397,158
41.S.
„
The following return shows the extent of our imports of
wheat and flour into the United Kingdom during the first three
months of the season (October, November and December), compared with the same period in the three previous years:
From —
1880.
WUE.\T.
1879.
CkI.
Virt.
304,622
9,985,907
Brit. N. America 1.816,435
72,799
Germany
France
1,235
Chili
375,209
6.405
Turkey, &c
268,191
Eg,vpt
956,009
British India...
Auatr.alia
1,776,815?
31,163 5
Other countries
Russia
United States
1878.
Cwt.
1877.
Ouit.
1,379,884
1,152,072
2.059,168
6,579.908
2,319,872
1,515.629
875.416
361,995
649,548
166
50,573
109,347
90,447
265,335
556,699
36,380
181,032
115,374
425,567
1,819,426
485,076
19,367,791
13,618,783
16,336,132
2,102,264
11,159,510
2,176,929
758,338
5,985
673,916
860
3,365,282
6.6 48.9 78
-1
OriiDd tot«l
306,097,400
Total
15.598,183
-
.
December
25, 1880
THE CHRONICLE.
]
rLouit.
1879.
Cwl.
1880.
Cwl.
From—
Cleniuui7
France
United States....
Brit. N. America
Other couu tries..
Annexed
1878.
1877.
Owl.
l;irl.
20!),1S)0
312,001
277.-.'«l
78.^30
7l),0i8
1,9DJ,7II3
71)1.701
l,70!)..=)O5
•J7S.'Jl)2
Total
:
the imports $380,872 were Amnrk-aa
nilver coin,
ThM raovHment
coin and
|-'i.740
70.S11
031,0-«l
191,000
539,201
49 1, 1.30
3,059,i)0l
3,115,510
1,810.200
172,731
fr-jm
1,911,343
is
18S0.
Wlieat
Barley
Oats
£8,133,117
1,914.074
1.078.983
358.211
214,401
2.900,407
2,470,151
Peas
Beans
Indian corn
Hour
.
£17.135.404
.
1879.
£ll,0Si).010
2,415,933
1,081.497
1878.
*0.779..'>72
£10.209.098
,737,543
1,120,495
171,874
1.027,544
1,030,001
1
209,180
301,280
1,720.790
2,509,014
1.50,824
2,3 40,920
1,518.073
1,770,745
£20.053.627
£13.834.300
£17.829.281
257,990
449.005
2,472,158
EnxUnIi market Heport*— Per Cable.
daily closing quotations in the markets of London and
Liverpool for the past weolc, as reported bj- cable, are shown in
the following summary:
Londm Money and Stock Market.—The bullion in the Bank
of England decreased £1P4,000 during the week. During the
same time, the specie in the Bank of France increased 8,725,000
francs in gold and 1,043,000 francs in silver.
Sat.
Man. Tiie».
Wtil.
Thurt.
Fri.
DfC.
Dee.
20
18.
Dee.
21.
Dec.
Hon.
Sat.
d,
*.
.
Liverpool Uottm Market.
Dee.
23.
2 4.
110%
110%
49 '8
5OI4
1291a
129»a
65
05%
28%
>4
3739
151
151
Thurt.
d.
s.
d.
Weil.
d.
s.
13
9
6
12
6
12
8
9
8
9
12
9
9
9
9
9
Pll
977ia
Tites.
97
9
90
97
9
06
9
7
5 7
64
64
64
38 6 38
38
77
77
77
40
40
40
05
05
03
See special report on
5
5
—
Fri.
d.
t.
Lj
d.
t.
8
7
9 6
9
5
61
37
77
40
05
Ola
5
64
37
6
45 9
05
cotton.
®0mnxevcial autX JlXlscclUmcaivs ^]lcxus.
—
I>iPORTS AND Exports for thb Week. The imports of last
week, compared with those of the preceding week, show an
increase in dry goods and a decrease in general merchandise.
The total imports were $7,408,385, against •')i7,402,292 tne preceding week and $4,860,860 two weeks previous. The exports
for the week ended Dec. 21 amounted to $6,632,474, against
$7,255,748 last week and $7,878,042 two weeks previous. The
following are the imports at New York for the week ending
(for dry goods) Dec. 16 and for the week ending (for general
merchandise) Dec. 17
FOKEION IMPORTS AT NEW TORE FOR THE WEEK.
;
1877.
$974,008
4,003,023
Dry Good?
General mdse...
1878.
$1,102,800
3,290,475
1879.
$1,740,841
0,544,301
1880.
$1,532,504
5,875,381
Total week
$4,977,030
$4,393,335
$8,285,202
$7,408,385
Prev. reported.. 300.70 7.21) I 276,922,453 324,110.000 458.403.501
Total s'ce Jan. l.$3ll,744,897 $231,315,788 $332,401,802 $465,810,910
In our report of the dry goods trade will be found the imports
of dry goods for one week later.
The following is a statement of the exports (exclusive of
specie) from the port of New York to foreign ports for the
week ending December
21:
EXPORTS FROM NEW TORE FOR THE WEEK.
1877.
For the week.... $6,407,126
Prev. reported.. 233,501.521
1878.
$7,269,771
333.853,129
1879.
$8,551,385
337.953,009
1880.
*0,o32.474
307,413,650
Total»'oe Jan. l.$290,028,017 $341,128,200 $346,507,871 $404,040,130
E.XPORTS AND IMPORTS OF SPECIE AT NEW TOEK.
following table shows the exports and imports of specie
at the port of New York for the week ending December 18.
The
Exports from
aold.
JN'ew
York.
Silver.
.
Gold.
$146,500 $4,048,633
57,900
'46',5"oVi
677,500
217,350
Great Britain
Germany
West ladies
Sonth America
All other countries
Imports at yew Tork.
Silver.
11,403
5,051
$11,985
12.830
9,608
$5,018,613
$34,424
\$»»JUUt,9»*ii
12.337,197: 18.S7'
20.03 1, K 48 15.1
43,376.0331 22.4 1 ^
;
—Capital
in
New York
.
nii-'
ll
lOI
investinentH in railroads and
1 iii-rr are hoadreds of indo^trial «utt'rr>ris.n in which monny ran b-- i*mployMl
now at large profits, and in this din-ction U the Iron .Steamboat
Company, whose stock is advertised to-day in anutb<T column
of the CiinoMOLR. The capiUl U $2,000,000, and each aubMrriber will n-ceive for every Sl.OOO of stock allottM and paid for
first mortgage bonds to the amoant of $260.
I'articuUra will
be found in the advertisement.
Attention is railed to the notice* in oar adveHUiDgeolomaa
l)y Messrs. Clark, Post & Martin of the Kailroad Kqaiprorat
Company. The Car Trust securities hart? Ix'en for many
years a well-known form of investment ia othrr cities. Tb«
coupons and principal of bonds, due January 1 instant, laaoed
bv the Railro.id Equipment C<;inpany, will be paid by the
above firm, in this city, and K. W. Clark & V>., PhlladelphU.
—
I
imm
511118
5111,8
0S»,8
9811,8
931I1,
9813,8
84-8, la 84SO
104 >3
1041a
110% II5I3
12 9
9 10
9 9
s.
99
97
Dm..
22.
BUver, peroz
d. 51%
51^1
5!:ij
Sl^i
98H,g 98U,B 98»i8 089,6
Oonsols fornioney
Consols for account
OS'^iu 98Uia OSllin OSl'is
I'VcU rentes (in l"ai-i3)tr.84-9-2'.j 84
8472>3 "•^1
U.8.580fl881
10438
104^8
10139
104%
U. 8. 4ia8 of 1891
115!>8
lluiy
I15>a
11538
U. 8. 4sofl907
no's llOHl 11038 110>3
Erie, common stock
49 "a
49>4
48%
49''a
127i.j
Illinois Central
129'8
12812
128 >a
Penn.syiv,aiiia
05
OS^j
05
05
Philadeiphl.aA ReadinR. 27^8
27''8
27
27 "n
New York Contnil
151
14031
150 14
Liverpool Breadstuffs and Provmonn Markets.
Flonr(ex. 8tate).1001b.l2 9
fflieat. No. 1, wU.
"
10
Spring, No. 2...
"
Winter,We9t.,n.
"
9 11
Cal. white
"
Com.mlied.West. "
5 7ia
Pork, We.st. mess.. ^bbl. 64
Bacon, long clear, cwt. 3?
Beef. pr. raes8.ne\\',¥tc.77
Iiai-d.rrlm'iWcst. ^cwt.l'i
OUeese. Am. choice •' 05
•8.27D.ie3'$iin.BttJHHMll«7S
fJ.STD.ies^^H
_
„
l..i88.00S, HS.flil'i ••"•<' <»^(
1877.
The
Total
uM
Jsnasrr 1 to d»t« In 1M6 inelnde* th«
33.^.300
25<I,01U export of $2.2:)7,52-J gold and 9i\Ml.ii30 ilrer, and lb* Import
6.M1.!>S7
of $64,237,599 gold and $5,407,040 itilier. Th» U>Ub at N»w
207,270 York
from January 1 to date in tho prrMot and MVaral piwtrioM
ft.V',,.'i35
yean hara bwn a* fulWwa:
a return showing the estimated valae of our
imports of cereal produce into the United Kingdom dnriag
October, November and December, compared with the corresponding period in the three previous years:
Total
667
AND F1.U.1CUL.
OFFICE OF FI9K * HATCH,
No. 5 Nassau Street,
New York,
Dec. 24. 1830.
CHE^APEIKE & OHIO BAILWAT BONDS.
Tho price of the Chesapeake & Ohio Railway piu-cbase money faodlnc
bonds has this day l>ccn advanced to 1 10 and accrued loterrst.
These honds, amounting In all to only $2,350,000, are a atrlrtly >nt
Uen on the whole vast property, on which baa been expended to tlila
date Di>wards of $50,000,000, with Iniprovrnients of great importance
now In progress. They are, on this acrount, n pcrfcrtly nfe bead tor
Investment of trust funds, or for relDvcstuicut of United Btatra FIrea
and Sixes, now mniurin^.
Ihe pilce of the scries " A" bonds of the lame compaBjr haa also been
advanced to 102 >a and accrued Interest.
The Improvement In the business and raruln^aof the ro«d dorinf tiM
past year has been wonderful, ronsidering that none of Ita Weatem rail
connections bare, as'yet, contributed to Its traffic. Theae will be adding
largely to the business revenues of the road after a few monlba, as tbejr
arc rapidly approaching complellon.
The earnings for the past eleven months thla year are aa follow*
For eleven months In 1S80...'.
$2,439,000 52
.,.
For eleven mouths in 1879
1,785,888 24
i...•:.......
$CS3,802 28
1081 the direct conneetloB to I»uUTUIe,
via IheElizubetbtown I.«xington ic Big Sandy Railroad, wlU lie ooaapleted; also the connection to Columbus. Ohio, via Ihe Scioto Vallar
Bailrcnd also the extension down the Peninsula to Newport Kewa.
while other connections of great advantage are In ptoeeaa oC arrangement.
The lien of the " A" bonds will extend over the Penlnaular Exteaalon.
while they have the same lien on the main line as the " B " IkmmU. Tkeir
Interest Is payable, and has always been paid. In gold coin. We cenaMer
them an excellent investment.
Considering tho great improvement In thta property, and the proeperity opening l>eforo It in the immediate future, there U no doubt that
the holders of tho "B" bonds, cow selling at 79 and of the currency
bonds, now selling at tho very low price of 49. will receive their intereat
(now being paid In preferred stock) In money. In strict aeeordanoe wKk
the terms made when the company was reorganlred. while the preferred
stocks which they now receive will steadily Increase In value.
It would be well for holders of all the Junior seenrillee, Inoludiog the
common stock, to remember that tho Chesapeake A Ohio Railway, aa •
great East and West trunk line, which It will so soon become, will have an
earning eap.^city far exeee<llng Its requirements for Inteteit oa all the
Imndcd debt of the company.
The puiehas J money funding bond.4, and tho •' .V" l)ond». amounting
together to only $1,350,000, have always paid their Interest proaptly
in cash, and are both a sure investment for the future.
The amount required to pay the annual interest on tbeae booda, whaa
all sold, will be $201,000. while tho net revenue tho last Saoal yeer,
without anv rail connections West, was $799,609 94, out of which waa
expended, for new steal rails and fastening*. $230,330 »9. Daring the
next few months the motive power and equipment wlU be largely
iuoi-easod. and tho remaining balance of the Iron traok-^ome seventy
miles— win be relald with ftoel. This will be neceeaary In order to prepare the road for the Immense additional tonnage which will oBsr aa
soon as the EUxabethtown Lexington & Big Sandy Railroad U eompieted and the Scioto Valley Railroad eonneotlon Is made.
Increase in 18s0
During the
flr«t
six
monlba
lu
;
FISE a HATCH.
.
$1 93.000
Of the above exports $18,500 were American
silver coin.
Of
propose to Issno, from Hue to time, short atatemeaU oimiKOTK.—
with
Inr to the above. In reference to railroad bonds and other aacuritle*
We
tho character and merits of which
we
are fomiUar.
:
.
—
.
.
..
—
.
THE (JHKONICLK
668
I
XXXI.
Vol.
a gain for the week of 8,725,000 francs in gold and 1,648,000
francs in silver.
The statement of the New York City Clearing House banks
issued Dec. 18 showed an increase of $2,171,925 in the surplus
above legal reserve, the total surplus being $2,088,725, against a
deficiency of $83,200 the previous week.
DIVIDBNDS.
ThefollowIiU! dividends have reoentlv been announced:
Xame of Company.
Per
When
Cent.
Payable.
Railroads.
Boston
<t
Lowell
Canada Southern
Chicago Iowa & Nebraska
Chic. Rock Island & Pac. (quar.)
Cln. lud'nap. St. L.
.
i Chic, (quar.)
Granite
Lake Shore A Mich. South
Metropolitan Elev. (quar.)
Michigan Central
N. Y. Elevated (quar.)
Fhiladelplita Wllm.
&Ba1t
Jan.
Feb.
Jan.
4
1% Feb.
Jan.
1H>
$2 50 Jan.
Feb.
4
2^ Jan.
Feb.
4
Jan.
2>fl
Jan.
4
1
2Hi
1 Deo.
313
4
S
Bowery National
Central National
4
Chatham National
3
Continental National
East River National
Fourth National
Hanover National
Importers' & Traders' National..
Irving ITational
Market National
Marine National
Mechanics' National
Merchants' National
Merchants' Exchange National..
Metropolitan National
3^
Murray
3
Hill
3>3
31a
313
7
4
4
4
4
314
3
5
National Bank of Commerce .
National Broadway
National Butchers' & Drovers'...
National Citizens'
National Park
National Shoe & Leather
Ninth National
North River
4
Oriental
People's
4
Phenix National
3
Nicholas National
Third National
3>a
313
8
3ifl
3>3
4
4
3H!
3>a
313
St.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
ijan.
ijan.
iJan.
iJaa.
iJan.
iJan.
iJan.
ijan.
ijan.
iJan.
Jan.
Jan.
Jan.
Jan.
Jan.
1
1
31 to Feb. 4
Dec. 16 to
Dec. 31 to Jan. 24
15
Specie
Circulation . .
Net deposits
Legal tenders.
.
Legal reserve.
Reserve held.
1
1 Deo. 31 to Feb.
3 Dee. 24 to Jan.
1 Deo. 31 to Feb.
25 Jan. 15 to Jan.
3 Dec. 16 to Jan.
5
Montauk Fire (Brooklyn)
miscellaneons.
Bloux C. & Iowa Falls T. L. & L. Co
5
$2
1879.
1878.
previous week.
Dee. 20.
Dee. 21.
$580,600 $278,099,100 !235.974,10O
20,911,500
50,812,900
20,077,000
23,051,900
246,118,600 203,625,600
39,600,000
12,543,400
$36,907,475 Inc
$311,175 $61,529,650 $50,906,400
60,511,500
63,386,300
68,996,'200 Inc. 2,483,100
1,714,600
10,800
18.474,100 Deo.
267,629,900 Inc. 1,214,700
13,318,400 Inc.
738,500
$2,088,725 Inc. $2, 171,925
Dec. 22 to Jan.
Dec. 22 to Jan.
De«. 28 to Jan. 11
Dec. 22 to Jan. 2
Dec. 16 to Jan. 2
Dec. 24 to Jan.
Dec, 22 to Jan.
Deo. 19 to Jan.
Dec. 21 to Jan.
Dec. 22 to Jan.
Dec. 25 to Jan.
Deo. 23 to Jan.
Dec. 24 to Jan.
Dec. 19 to Jan.
Dec. 22 to Jan.
Dec.
Interest
Periods.
1880
1880
68, 1881
68, 1881
5s, 1881
5s, 1881
4'«8, 1891
4»«8, 1891
48, 1907
48, 1907
2
Dec. 22 to Jan.
Dec. 22 to Jan.
Dec. 24 to Jan.
4
Dec. 28 to Jan.
2
2
2
Dee. 24 to Jan.
2
Dec. 20 to Jan.
1
Jan.
68,
6s,
68,
68,
68,
18.
Dec.
21.
102''e '102^8 •10278
coup.
*101ie;
reg.
coup.
reg.
coup,
reg.
coup.
reg.
coup.
1895.. reg.
1896.. reg.
1897.. reg.
1898. .reg.
1899.. reg.
the orica bid at
our'cy,
cur'cy,
cur'cy,
cur'cy,
cur'cy,
Dee.
20.
102 '8 '1027e '102 '8
reg,
6s,
68,
Dec. 23 to Jan.
$9,605,100
$1,856.6.50
—
CTnlted States Bonds. There has been a steady active business in Government bonds, with no features particularly new.
Congress has adjourned over the holidays without acting on the
Funding bill, and we understand now that it will come up on the
eighth or ninth of January. The bill will probably pass, but
there are some cautious parties who suggest, not without reason,
that the Secretary of the Treasury might well be given a certain
option between plain three per cent bonds and some other form
of long or short obligations bearing a higher rate of interest.
The Treasury will begin the payment of January interest
without rebate on l^iesday next, the 28th inst.
The closing prices at the New York Board have been as followB:
Jan.
Jan.
Ueo.
Differ' nees fr'm
.55.677.800 Inc
Surplus..
Insurance.
Hamilton Firo
1880.
Dee. 18.
Lnans and dis. $293,372,600 Dec.
Dec. 19 to
2
Banks.
Bank of America
Bank of New York
Books Cloted.
(Days inclusive.)
'101%
•lom
Dec.
22.
10278 '1027e
10278^ '10278
10m; •10138
*101>8 '104 ifi •IO414 -10438
10114 'lOlJs •10114 IOII3
101 14 10118 •IOII4 101i«i
•111%!'111% •lllSi 111^'
*lll^;*ni^l Ill's 111S4I
m2i6;*ii2ie 11216 11214
11318' 11319' II3I4 11314
129
130
131
132
133
'129
•130
*13l
*132
"133
I
102''8
1027e
10138
10438 10138
'1013e
10138
10138 lOl^s
lll«e 111\
•Ill's '111%
11218 II214
•11318 II3I4
•130
130
131
132
133
134
129
130
132
133
131
Dee.
24.
Dee23.
131
•132
•133
•134
130
131
132
133
134
me monimg Baai'ci no sale was made.
This is
Railroad and Miscellaneous StocRs.
There has been no
adverse influence yet sufficient to check in any important degree
the unlimited confidence in railroad stocks. Hence it is noticed
•
:
—
FRIDAY, DEC. 24, 1880—5 P. HI. that as soon as the immediate pres.sure on the monej
Tbe Money Market and Financial Situation. — As the market was removed, stocks again became buoyant, and close to-
money market relaxes, the general strength of the situation again daynear the highest
asserts itself, and the year draws towards a close with the tendency at the Stock Exchanges decidedly buoyant. Almost everything seems to turn out so far in favor of the bulls in stocks, and
the further prices advance here, the more confidence seems to be
inspired abroad. The amount of stocks and bonds shipped
abroad is apparently on the increase, and they are taking in
England and Germany such stocks as N. Y. Ontario Western
&
and Missouri Kansas
&
Texas as well as the high-class
rail-
prices yet made. Such a collapse as that
Western Union Telegraph, from 105 to 80 in a short time
based, too, on a most serious decline in earnings would have
been sufficient in ordinary times to start a downward movement
But at present the support to the market
in the whole market.
is so great that a tumble in Reading, Western Union Telegraph,
or some other stock, is pa.ssed by as merely one of ihe phases of
a day. The leading events of the week, as noticed above, have
been the reports of the Vanderbilt roads, and the 4 per cent dividends on two of the stocks and 2% on Canada Southern then
the reports from London accrediting Mr. Gowen with great success in pushing hLs Reading plans, and the cable reports from
Paris that a syndicate had been formed there to buy N. Y. Central stock, have all served to give a very cheerful tone at the
The reports of the Vanderbilt roads, and also Pennsylclose.
vania railroad earnings to Dec. 1, are given on another page.
Total sales for the week, and range since Jan. 1
in
—
Yesterday the news came from London that Mr.
;
Gowen had succeeded in obtaining the assent of the London
stock and bond holders to his great plan for lifting Reading out
of its difficulties, and not only were they willing, but so enthusiWhat event
astic that only a single dis.senting voice was heard.
could show up more forcibly the great change in sentiment between the years 1878 and 1880 ? In the former year it is hard to
believe that such a project in London would even have met with
a respectful hearing. Another circumstance contributing this
Range for
week to the strength of stocks was the publication of the annual
Range sitice Jan. 1, 1880.
Sales of
Year 1879.
Week,
statements, in brief, of the Vanderbilt railroads and the declaraHighest.
Low. High
Lowest.
Shares.
tion of dividends. The earnings for the year 1880 are remarkably strong, and the surplus above dividends was large; and as a Canada Southern
80,615 40 May 17 8138 Dec. 20 4514 781*
61,510 45 May 25 9014 Mar. 8 33 la 8978
result we see Lake Shore this afternoon at 135M. Michigan Cen- Central of N. J
IOOI4
8,542 9913 Jan. 2 159i3Dec. 18 75
tral at 124 and N. Y. Central & Hudson at 149
aU closing at a Chicago & Alton
5,296 113 June 2 1 8 la Dec. 24 llli« 134>»
Chic. Bnrl. & Quincy
fractional decline from these prices.
3438 82i«
85,575 66iaMay 25 1 141a Dec. 1
Chic. Mil. & St. P....
The New York City bank statement has been issued to-day
1,400 99 May 10 124 Nov. 2(^ 74 5i 102%
do pref.
Do
59,343 8718 July 9 130 Nov. 29 49=8 94ii
instead of Saturday, and is quite favorable in its results. The Chic. & Northw
2,645 104 Feb. 10 1161a Nov. 24 7678 108
do pref.
Do
following is a comparison of the average of the New York banks
150i«
6,335 IOOI3 June 11 204 June 8 119
•Chic. Rock T,& Pac.
28
for the last two weeks
9i3May 11 2518 Jan. 26 5
11,075
Col. Chtc.A Ind.Cent.
8910
18
92''4Deo.
38
25
Dec. 18.
60
May
Dec. 24.
Differences.
Cana'
22,610
Hudson
&
Del.
94
43
Loans
.....$293,372,600 $292,417,900 Dec.
$954,700 Del. Lack. & Western 60,610 681a May 25 107=8 Dec. 1
road bonds.
:
—
1
:
Specie
55,677,800
57,086,000 Dec. ],40S,200
13,318,400
13,300,900 Dec.
17,500
267,629,900
267,068,000 Dec.
561,900
18,474,400
18,431,400 Dec.
43,000
following shows the relation between the reserve and the
l*gal tenders
Deposits
Circulation
The
liabilities
Dee. 18.
Specie
Legal tenderB
Total reserve
$55,677,800
13,318,400
$68,996,200
Res've req'd agt. deposits. 66,907,475
Excess of reserve above legal requirements
$2,088,725
The money market has been
Dec. 24.
Differences.
$57,586,000 Inc. $1,408,260
13,300,900 Deo.
17,500
$70,386,900 Inc. $1,390,700
66,767,000
$3,619,900
Inc. $1,531,175
easier during the week,
and only
in exceptional cases early in the week was a commission paid in
addition to 6 per ceht. Loans have frequently been made in the
late hours of business at a lower rate than 5 per cent; a fair quotation for call money on all classes of collaterals is 5@6 per cent.
Prime commercial paper is nominally quoted at5)^@6^ percent.
The Bank of England on Thursday showed a loss of *194,000
in specie for the week, and the reserve was 42 9-16 per cent of
liabilities, against 45 7-16 per cent the previous week
the diseonnt rate remains at 3 per cent. The Bank of France showed
;
Hannibal
Do
&
St.
do
Jo
pref.
70,860
30,321
2278
63 1«
May 25 501a
May 25 105
10,012 9913 Jan.
Illinois Central
17,700 20>4May
Ijike Erie <fe Westei-n
95 June
139,585
Lake Shore
19,295 677 Dec.
Louisville & Nash v.
21 July
32,505
Manliattan
29,150 75 Mflf
Michigan Central
95,390
Missouri Kan. & Tex.
281a Mav
15.660 100 May
Morris & Essex
Nashv.Chatt.&St.L,
N.Y. Cent.& Hud.Biv
N.Y. Lake E.& West.
do pref.
Do
Northern PaciHo
Ohio
&
Do
pref,
Mississippi
.
PaeiflcMail
Panama
Phila.
&
Reading
8t.L.Iron Mt.&South.
St.
L.& San Francisco
Do
Do
pref
Istpref
Onion Pacific
Wab. St. L. & Pacific
do pref.
Do
W(>«t«m Union 'Tel..
20,800 47 12 June
55,420 122 May
251,784 30 June
15,942 47 May
3.870 20 May
13,388 3938 May
45,405 23 Mav
76,900 2713 May
168 Jan.
42,156 13i2July
47,820 34 13 May
5,650 25i4May
11,775 33 May
3,300 60 May
129.767 80 May
55.753 261a May
127,245 51i4May
416.360 771a Dec.
2
11
2
8
22
17
25
21
1
11
1
25
11
24
25
17
2
2
25
11
11
11
11
25
25
17
Dec.
Dec.
Dec.
4078 Deo.
I35i4Dec.
174 Nov
571a Mar.
124 Dec.
4914 Jan.
12214 Dec.
128 Mar.
149 Dec.
49 »8 Deo.
87% Dec.
36 Jan.
127
24 I314
24 34
18 79 14
16 116
24 67
35
16 35
24 73%
538
27
24 7519
411*
7018
100%
281a
108
89ii
72 14
98
35%
IO419
83
24 112 139
21 21% 49
24 37ifl 78i«
5
3513
4OI3
14 ; 16
65i3Dec. 16 J4414 65
6
7% 3339
1038 391a
62 Mar.
225 Dec. 13 123 182
7238 Jan. 3
56
66 Feb. 17 13
318 53
48 Feb. 2
418 601a
65 Dee. 17
9% 781a
971a Dec. 18
1091a Dec. 15 571a 95
48 Jan. 2"
8738 Dec. 21
S8O0 116
llfiifl Feb. 24
441a Mar.
K
..
.
DsosuBBR
The daUy
6
3
....
THE CHRONICLK
35, 1880.J
liigheet
—
;
and
—LaUH:
have been as follows:
lowest, prices
669
Week or Mo.
Soturduu.
fkc
Am.Dlat.Tel
se
34
Atl.&Pac.Tel
Canada Hoiith
Jfanday.
Dec. af.
IR.
no
34
MK
83
84)i
Chic. & Alton. 1SS
ISO*
Chlc.Bur.ft u 17:H< 173..
)i3M
83
Col.Chic.AI.C.
Del.&Il.(;anal
Cent..
Lake KrlotW.
l^ke Hhoro....
I;Oul9T.&Naata
138
Do
»1«
MH
90
7»V<
79K
7B14
IMH
129)J
8«
3SH
&-.,
86)i
g
9
ml
prof.
Pacific Mall...
Panama
Phil.
A Read's
'il
22
451< 47i<
119
11 9K
79
14<i
22
S8>i
91
3U)4
91
74
T»ii
!34t4
87>J
130
I84M
38
131K 130)4183
ex
isSs
77
91
03
«l
S3
tsx
81)i
83M
63"
iiyi
»*«
338
63
St.L.I.M.iSo.
64
S5V 63
l»)4
Bt.L.ft S.Fran.
Do
pref.
Do Ist prf.
45
gn
4S
MX
44
61
60
95^ 98
90
94)^
52K
31
109
im
80
Batro Tunnel.
Union
Pacific.
J'^!?
SSiJ
mi
80M
95^
IK
>V
III8W 107
Wab.St.I.,.4 P.
Do
pref.
10«
lOflX
1^
44)4
M'V
95U
IN l<
108M
^^^^
8W
and Railroad Bonds
—
IMlMt
1,6««JM
1,038,300
043.138
1.353.037
8.933.887
7M.81S
438,M1
A Canada
. .
3,t>73.0M
4.4.53,844
1,983,578
1.873.4.53
2.000.000
3.0(10.000
e.o^Hjoc
.Merchants
2.000,000
8,000.000
1,800,000
3.000,000
1.000.000
1.000.000
1,000.000
eoo.ooo
300,000
1,000,000
1,000,000
300,000
800,000
900,000
«00,0CO
aoo.ooo
800,000
6,000,000
5.000,000
1,000.000
1,000,000
e.oMt.ioc
e.sas.oou
4.gst.700
Fulton
Chemical
Merch'nts' Exob.
QallHttn Natlon'l
Butchers'ADroT.
Mechanics' A Tr.
Qreenwlch....
Leather Man'f rs
Seventh Ward.
State of N. York.
American Exoh..
Commerce
Broadwar
Uercantlle
4iH,';Q0
Paolflc
Republic
1,500.000
450.000
Chatham
People's
North America.
Hanover
S.t47.00f
3.180.80*
13I0.S90
l,015.tM
—
313.553
144.«4a
31.100451
34A.80*
3.514.984
18.377
886.154
1,132,007
070.040
639.107
9.009.30S
1.551,383
JM
3.jv63'i70
1.007,473
870,311
030.903
8,580,304
702,500
New York
City for the
week
18, 1880:
Metropolitan
Nassau
Market
3t.
Nicholas
Shoe A Ijeather..
Corn Kzehange..
Continental
Oriental
Importers'
A Tr_
Park
. .
. .
I
1,360.315
1,436,69«5
380.423
240.585
18.557.124 15.R17.291
2.454.577 1.757.377
7,420.585 5.488,965
14,504,592 12.013,868
Qerm'n Americ'n
'reo.ooo
Ciiase National..
800.000
100,00*
Klfth Aveane....
1
Total
4.o«.aoo
1.801.400
»18.(<00
Stl.lOO
3.318.800
874.000
3.S33.000
is.a3v.bOo
I5.6T8.«0(>
8J84.100
S.408.000
S.SSS.'MO
8.388.400
8.4W7.70C
1.488. 40n
400.000
1.600.00C
3,000.000
500.000
Mech.Bks. Ass'n
340,000
North RiTer
380.000
Bast Klver
Fourth National. 3,300,000
3,000.000
Central Nat
soo.ooo
Second Natton'r,
'mo.ooo
Ninth National..'
600,000
first National..-!
Third National.. 1.000.000
800.000
N. Y. Nat. Exch..'
380.000
Bowery National
300,000
N. VorkCiiuntT..
Marine
8.907.000
7.N71.«00
3.014.S00
1.901.800
i<.oi«.iac
8.93a.«00
3.SS0.40C
7.670.800
3,000.000
000,000
1,000.000
BOO.OOO
600,000
900.000
1,000.000
1,000,000
aoo.ooo
....
8.81)1.100
700.000
800,000
[rvlnir
8.440.000
413^00
1,000,000
Citlsens'
—
1.233.611
835,256
9,602.500
17,898,340 14,772,478
6S«,S«0
840,750
Loans <md
Manhattan Co..
Tradesmen's
^ ^Jan. 1 to latest dale.—.
-Latest earnings reported
1879.
1880.
1879.
Week or Hn.
1880.
Ala.Ot. Southern. November. $61,15,1 $49,000 $582,2.52 $390,614
780.312
Albanr A Sugq -September. 158,980 105.302 1,053,122
Atoh.Top. AS. Fe.2wk8Deo. 420,470 307,093 8,113,635 6,000.032
593.611
713,023
127,332
83,498
Atl. A Char.Alr-L. October
12.fl!)8,«10
Banks of
New York
PhosQlz
—
1,673.402
1,945,518
•47,733
A.040,«75
485.000
S3s.aet
30.772.015 30Ji2I.31«
1,713,697 15.905.340 13A05.O4O
48,150
377,310 4.550,077 3.093.S4*
24.073
2,485,150 1.001.000
ending at the commencement of bosineM on Dee.
Ctty
Railroad Earnlnes. The latest railroad earnings and the
from Jan. 1 to latest dates are given below. The statement includes the gross earnings of all railroads from which
returns can be obtained.
The columns under the heading
" Jan. 1 to latest date" furnish the gross earnings from Jan. 1
to, and including, the period mentioned in the second column.
497,232 477,776
233.910 200.308
42.981
37.330
11,210
7,790
Cairo A St. Ix)ui» 1 8t w k Deo.
Central Pacitlc... November. 2.151,000 1,488,142
November. 239.073 148.073
Ches. AOhio
Chloa^o A Alton .2dwkDoc. 145.514 141,e41
Chie. Burl. A Q... October ...1,599,5311,709.932
28.418
15,595
Chic.&O.Tr'k.Wk.enrt.Dcc.lS
18.738
29,817
Chic. A East. III. .2(1 wk Dec.
227,017
Ohio. Mil. A St. P. 3d wk Dec. S.'ii.OOO
Ohio. A Northw.. November. 1,820,600 1,558,476
1.141,171
.
dition of the Associated
Union
America
%
...
781JMM
New York Bank*. —The following Statement shows the con-
.VlechaQlca*
totals
.
S0.183
35,513
12,4H7
92,872
434,204
30U,2«0
174.243
47,304
2.801.835
•
:
.
\9»MO
diwoimts.
firmer this
week, as might have been anticipated, in consequence of the demand for -Tanuary remittances. The ontilow of stocks and bonds,
however, keeps up steadily, and the higher the range of prices
here the more ready are the European markets to absorb our
securities.
To-day sterling bills were dull, but firm, on a basis of
about 4 80 for bankers' sixty days sterling and 4 83 for demand.
Cable transfers were 4 83^@4 83)6.
The following were the rates for domestic exchange on New
York at the undermentioned cities to-day Savannah, buving,
discount, selling,
Charleston, buying,
Ji, selling, 3^@par
par@J^ discount ; New Orleans commercial, 375@400 discount.
Sank par ; St. Louis, 1-10 discount ; Chicago, 50@75 discount
Boston, about par.
Atl. A Gt.Wost . Oi^tober
Atl. Miss. A Ohio. October
10.701
13,313
.
Cafital.
Bxchange.—Foreign exchange has been much
Bur.C.Rap.ANo..2dwk Dec.
6ri,7.'S0
S40.027
:52.323
182.087
56.950
.
..8ei>teml>er.
Sliarfa.
;
18,011
23.420
210.700
34.V02
44.723
17.418
48,800
11,650
8.6<14
8.5R5
Pud. A Kllziil«-tht «t wk Dec.
0,440
375,135
Pud. A .M cinphiit .4th wk Nov
7,156
5,020
190.I24
Peun^vlvaiiia....N<iveiul>er. 3.574,013 3,131,907 37.713.2 to
3.3.M
Peoria Deo. A Kv.'.^ciwk Deo.
8.072
424.405
323.803 3,120.848
Philadel. AErle Oetuiier ... 367,082
Pblla. A ReadlDK.Octolier ...1,740.299 1.542,911 14:839,670
38,930
482.050
54.200
Pltts.TitUi)V. AB.Ootober ...
181.574 1,415.572
106.501
RennelaerASar.September.
_ _
-.
21.849
23,2.V4 1,319,413
..2dwkDco
8t.L.AltAT.H.
14,023
638,970
(l)rcha).2d wk Deo.
22.790
Do
189,900 184,720 5,060.710
8t. L. Iron Mt.A S '.id wk Deo.
57,301 3.584.330
59.461
8t. li. A 8'tn Kran.'id wk Deo.
602.787
66.374
St.Panl A Duliith. October ...
42.000 3,082,400
78.500
Bt.P.MInn.A.Man 3dwk Dec.
33.153
20.149 1.410.450
8t. Paul A8.2i',y..-.M wk Dec.
303.717
6.668
8,004
.2d wk Deo.
Scioto Valley
4,515,000
396.000
South. Pao. of Cal.November
77.707
81.519
Texan A Pacltlo ..Istwk Nor
34.140 1,060,518
33.119
rol.PcorUA War.lNtwk Oct
Union Piieitlc....Novem»Mir.. 2,203,100 1,706.343
Wal.St. L. A l'ac.'.;dwk Dw. 2J<.»,6S2 222,057 11.872.040
28.718
17.729 1.064,040
WUi'.3Mln Cant... Istwk Dec.
profitably be nsed at better rates.
& Son sold the following at auction:
OO^
10 Brook. Acad, of Music, .lea's
Bondt.
50 Mercantile Mutual Ins... AOH
225 Harlem QaRlielit Co.65>4a63>s $1,000 Indiana South. RR. Ist
350 Central Park North &
mort. 7s,1869, coaponon.$7 50
East River RR. Co., 'ix-div.105
60
103.440
20,432
19.070
Messrs. A. H. Muller
Shares.
Mercantile P'ire Ins
I ;iO.<i 1
.
—
In State bonds the" Southern
State issues have generally been very strong, Tennessees particularly, among the old bonds, selling at high prices.
The repudiated, abandoned or void-ab-initio bonds have also met with
much favor such as Virginia deferred, North Carolina special
tax and South Carolina non-f undable.
Of railroad bonds there is not a sufficient supply to go around,
and under the impetas of the popular talk that Government 3
per cents selling at par, other good 6 per cent bonds ought
\o be worth about 175, prices are constantly pushed npward. A
cautionary signal may well be hoisted here, and the suggestion
made that it is too early yet for 6 per cent railroad bonds to sell
at 150 in this country. There are too many channels in which
money can
133339
30U.I88 10,1W,.'M0
103,373 4,050,l>34
U,S75
.
:
MCV7«
XAUJBOO
5.^7.131
Northern I'ai-i tic 3d wk Dec.
OKd. /i I/. Cliamp :td wk Nov,
West. tJn.Tel. 79 1<
T7rj< H0;<il 801^ 82?4 "
* These are the prices bid and astted no lale was made at tae Board.
+ Sales were also made ei-dlv. at i7J<®78K.
State
B91.S43
1,U38,IA0
1
107« 108
44U
44M 44
»V| 84X 85W
33.9SS
3'A9H4
N.Y.CeDt.AHud.Novcmber.8,047.541
N.Y. L.ErleA W OoUiber ...1399.010
N.Y.AN. KnKl'd.lstwkDM. 50,015
Northern Conlrul November. 450,051
33^
.. 8SX
pref.
IW.Wi
»0«.7M
I^OOOJU
3<t,050
.
22H 23S
87X
mi
».07i»
27,132
10,535
nx.0')4
24.350
31,004
62,6 1
.
37
130.077
H.itlM
:«a.U73
24.3041
'ii
nSSSSn i.m^m
l,aOOJOt
7M,M1
02,047
26,073
. .
Na»hv.Ch.A8t.L,.Noveml>er
90)i
i»'Mn
North 2d wk Dec
Iowa Central
Nov«ml>nr.
K. C. Ft.B.Aaalf.3dwkNov.
Kaiu.C.LAW.A8o.2dwkNoT.
Lake ErieA Weiit.2d wk Di-o.
N. Y.
52H 54X BiM
00,333
M7.333
T70JM
MJM7
8p... November.
Mlmoitrt Paoitto. .October
.Mobile A Ohio. . .Noremlwr.
47!?
«4,fcT7
10,4<7
•0,013
107.202
58,304
Mo.KaD.AToxaa.2dwkDer.
145« 14
•'^•»'i«.*^*
i7*
8,IM
1I7,IM
16D.0.^7
•i20.\HH
A
834*
1
aoe,Mi
43,SM
M>«S
Or't WMt«ni.Wk.end.I>ii-.l7
Lnulav.
3lS
48)
eOii 811
tvi 33).
8S<4 33t4
8l?<
23^4 Z3>f
37)i 39
83JI1I
Nnrcmber.
UruudTruuk.Wk.end.Uiw.lH
A NaiihT.2il wk Dee.
Marq. H. A Ou'.'n.Novi'mher.
M«mp. A C')iurl...2d wk Doc.
Mlnn.ASt. Loula.lHtwkDee.
133
82>«
Do
88
88W 8»« *7X
29!
1451
4a,7:ta
UMiritla
Ind. Di^c.
I n t. A Ut.
MX
225
A
IIanulbalA8t.Jo.Cd wk I>r«.
Hnuct. A TexM C. 2d wk l>rc
UUnolii Gen. aiD.NnvrnilX'r.
Do
(Iowa) November.
IndlanaBI. A W..2dwk Deo.
61M
Bt.L.A.iT.ir
U.il.
49M 48
48^
48'
81!
»2J
34
65
23
53
33
78
29
144
130
A Nn..4thwkNnr
IVra Mitr 'Jd wk Dm.
llur.AHau A.4thwkNuv
K:int
|«40
87
136i< 132
31K 3ij
48
4e!
1 19
119!
lM.a7S
...
Dm.
S
8
• ....
98)i
74iJ
1«4A7
Clucinnutl South Oi'tubw
I>iil>u<jiifAH <;itr.'.<il wk
i:a>>iriMin.V..<iii D.tiilKir ...
41
SM^MO «S3.3M
23:,875
IVt. Ijirm.
1049 106M
139
l>tir.
wkHor.
lifm
133
40
49
80
48
.:id
Ufnv.H.I-kAPar NorxnitM-r.
M.A K.I>o<lxe 'Jd wk iMv
:71
118H
13914
Wi
47
Mich
A ttprlOKf. .'.'>) wk Dae.
Cler.Cul.Ctn.A I 'J<l wk Dm.
ClcY.MI.V. ADol '.j.lwkDM.
Del .111. Can.. Pa. Dir .8«pt.
I>i;iivi-r ic Klo Ur Ud wk Dm.
UH
175
A W.
Cln. Iliim. A I>ii}-..'«orrmlMr.
CiM. lnd.st.l..Jr:< Int wk Uoo.
Cln.
871;
<3W
SSM 88M
aeti
10
K. :45Ji
Do
811
88
tSS
91
73
34V
N.T.L.B.AW 48
Do
pref 80
N.Y.Ont.iw. 31^
Northern Pao. 33^
Do
pref. 61^
Ohio Central..
OhIoAMiss...
aoi
84lJ
2(IK
90ii
124
ft5
Nuh.Ch.&Stl. 70
NewCent.Coa)
N.Y.C.4H.
47U
81
83
pf.
Mo.Kana.&T.
Mor.A Essex..
93S
107)4
8«i}
97)<
m"
Ud prf.
MIoh.Central
Moblle&Ohlu.
Oliln.
33.
I34W I3IV
1,'IB'^,
!»
Manhattan
Mar.&U.lst
Ok.
»li-8»!.
8^
154^
ITSW
iioj^iiaS
9^^100
pref.
Hous.ATei.C.
88
I35H .33" 133!i
lOOmOTM I04H
Ban.ASt. Jo..
Iltlnoltt
8S!.
34V 3IX
HUV 41K
.J 4U
Ch.St.P.M.AO 4»U WlQ 48
Bl
Do
prof.
OOM 99
CleT.r.C.41. 88
90
B^ii VO
Do
84
84
33
S3
Ch.St.I,.4N.().
Del.I.aok.iW.
Denver.t K.O.
SON 03
184
pref. I40:lj 141
l.til
H4W
IMH
W
C.R.I. iP.nc"
30!
IB2
i:74J< !*3!4
Chlc.M.4St.P. 11414 IliU
Do
prof. l2SXiei«,
Do
se)<
Cllilo.St.P.MIIlAO '.fowk
Tkurmlnv,
78^ 8U< 77K 7»V Thi TeS 7rn» 77S
•
»i% HOM 8lhi 81B glK,
8I«, 8OH bIH
80
84
lit prf.
3(1 prf..
Chlo.4N.
Dte.M.
flee. «r.
60
34
S«
X34
Cent.of N. J..
Cent. Pacmo..
Ctaes.&Ohlo..
Do
Do
tVeOnnd.
e0.4tVW)0
3.T3O.0OI.
11.084.1'00
3.038.80C
3.374. lot
3.7'^TDG
8J883.100
S.M8.b00
S.884.80C
8,988.800
1.783.300
8.800.000
10,347.800
18,408.000
830.300
«6).8«0
1,000.800
18.Wi8.80n
8.417.000
3,451.UX)
4.73n.S06
13.800.000
8.863J4I0
1.400.800
1.684.000
l.»M.830
8.141.900
1.488.000
wajwjw B6.ST7.800
lS.»IS.4«y8»TJI>*0e I3.4XJS8
.
—
..
.
—
..
.....
.
—
—
.
.
.
THE CHRONICLE.
670
QUOTATION
AND BONDS
OF STOCKS
fc5
)
.
..
XXXI.
[Vol.
NEW
IN
. .
ZORK.
Prices represent the per cent value, whatever the par
U. S. Bonds and active Railroad Stocks are quoted on a previous page.
may
he.
50
51
STATE BONDS.
Bid.
8KCUR1TII8.
Alabama— Class A, 2 to 5
Class A, 2 to 5, small
.
Arkansas—«», funded
7s, i. Rock & Ft. Scott
7s,
Memp. &
a,
li.
ls9.
BK
78,
.
'92.
111
112
Funding, 1894-95
Uannlbal & St. Jo., 1886.
1887..
do
do
113
lis
110
gold, reK.,'87
6s, gold, coup., 1887....
6s, loan, 18«3.
U)7
Chatham
107
Special tax, class
do 1891
do 1892
do 1893
1?()
Carolina—6s, old.JSJ
North
!W«
117
118
12D
32
2S
U
Now York—68,
8
—
^07^
tts...
1(17
G«orKia—Cs
112
78, new
78, endorsed
7s. (rold
Ix)ulslana— 7s,
IIH
S5«ii
K.")
6s,
6s,
nu
do
South Carolina—
6s, Act Mar. 23,
Non-fundabic
115
118
90
12
12
Vlrffina
RAILROAD AND
Consol. 4s, 1010
63,
1011
Sailroad Stocks.
Mich. Cent.—Cons.,
—
'
.
U9M
Cnlc.A Kasfn
Laf. BI.A
.
American Coal..
American Union Telegraph
Boston
Boflton
Company
Water Power
liJind
—
71>«
do
do
Central N. .l.Land Imp...
20
Deadwood Mining
Albany A Susqueh., 1st m. 115
108
2d mort
do
l8tcon.,guar 125
do
S33Jt
S3S
29k
...
N.Y.&StraitsvilleCoal&Iron
N.Y.& Texas Land, limited
Ontario Sliver Mining
Buff.
,N.
Y.A B,
1st m.. 1916
33
do 1st, con., f cp.,7&
do 2d.con.,f.cp.,5s.6s SW4H
Gal. Har'g A S. Ant'o. Ist Bs. 102js,
lat La Grange Ex .83. 1010 102H
,
84
|22U
124
82H
22!H
83^
m
4m
lio'
1st mort.. 7s, 1000
2dmort., 1909
Ind's Decatur A Sp'd 1st 78
AGt
North. 1st 68,gld.
L. Shore-M.S.AN.l.,s.t.,78
Cleve. ATol.,sink. fund..
new bonds.
do
Cleve. P'ville A Ash..7s
Int.
7MT-6
4Ui>4
106
116
Income
Sinking fund
& Chicago, Ist m.
Louis'a & Mo., 1 St m., guar
do
2d 7s, 1800.
8t. L. Jack, t Chic. 1st m.
Erie, new bds...
A State Line, 7s.
Kal'z.oo & W. Pigeon. Ist.
Buffalo
Buffalo
.
U5li
A
.
107
Det.Mon.AT.. lst.78.'1906
117H,
Lake Shore Div. bonds.
Mi3S.Riv.Bridge,lst,s.f,6s 105
do
cons, coup., 1st
111
Chic. Bur. & g.—8 p.c, 1st
cons, reg., Ist..
do
Consol. mort., 7s
cons: coup.. 2d.
130«'130J<
do
....
;i04
58, sinking fund
cons. reg.. ijd
do
Chic. Rk. I..t P.—65, cp.,I917 127M112W
Louisv.A Nash.—Cons. m., 78
68,1917, registered
/is,
gold
2d mort.
Jveok.A Des M., Ist, g., Ss. :oi
CeciiianTlranch. 78A.
Central of N. J.— Ist m., '9U. 119
N.O. A Mob.,lst6s.TO.30..
1st consolidated
E. H. A Nash., Ist fts, 1919
115
assented
do
Gen. mort 8s, 1930
.
.
m
.
I
.
Convertible
do
assented
]13«
Adjustment, 1903
112
125
B.,con..g'd..
assent'd
Impr. bonds.
assented
Chlc.Mll.iSt.P.— Ist.Ss.P.I)
do
mort... 7 5*_io. p.n,.i«o<;
t
Arkansas
Nashv. A Decatur,
I
06^105)^ N.Y. A Man. Beach lst7s,'97
124
Marietta A Cin.— 1st mort.
123
134
l*4t<
1st mort., sterling
do
'^'I
t
No
price to-daj
;
.
.
A
1st
m.
Manlt'a^lst,
7s.
So.
III..
8s, 1909
Pur.Com.rec'pta, lst,E.D
mortgage, W. D
Burlington Div
1st pref. inc. for 2d mort.
00;4|
1st
1
equipment
=14
Wab. KR.-Moitg.7sof
123
10*
Evansv. A Crawfordsv. -78,
Flint A Pere M.—8s, I'd gr't
Consolidated 88
Preferred stock
Stock
110
Galv.Hous.AH.— 7s,gld,'71
Gr'ndR.,tInd.— lst.7s,l.g.ffu
1st, 7s. Id. gr., not guar
115
106
125
113
127%
125
121
126
122
105
105%
103
ld4>«
Omaha
101)«
1019i id2)i
lSI)^:12i
100
80
...
35
15
103
108
105
112
laii;
s-,<
110
110
110
1145
. .
118
52
Coupons.—
rasl-tluc
20
103
15
90
Tenneasaec State coupon?
Virginia coupons
consol. coupoD.3..
do
A Col.—7s, 1st m.
106
112
104
Macon A Aug.— 2d, endors
MemphlsA Cha'ston- lst,78
104
.
585
i85
05
95J*
90
104
.
106
20
98
...
40
••
10071
Miaaissippi
Cent— ^stm.
A Tenn.— 1st
1st
.
C—
99
....1
'
!108)a
mn
87 '100
55'4 MU
Uiia week.
A
m,, Ss,
mortgage, 8s, B
108)4 N. O. A Jacks.— 1st m., 8s.
108
Certificate, 2d mort.. 8s. ..
Norfolk A Petersb.— 1st, 88.
105
ist mortgage, 7s
114
2d mortgage, 8s
l!t m.,8s
Northea8t.,S.
121
113
i
lio
108
42
106
40
2dmort.,8s
Miss.
117
104
100
102
2dmortgage,88
Dan.— 1st ocnsoi
Kloh.it
Southw. Ga.—Conv
Stock
II6I4
-15)4 ll«?i S. Carolina
Spring.V'yW.Works— lst6Si«110
Oregon R. A Nav.— 1st, 68.. 108
INCOME BO.vns.
94
Central of N. J.— 1908
1
guar
Stock
i....
I
7s.
2d. 7s
108)4
107?^
Clarindah..0s. 1919
St.Chas.B'dge.lst, 7s, 1908
..
Stock.'.'.'.'.'.'.'."
Greenville
107)4
117
made
11
7
66
17
87
88
18
108)4 Ala. AChat.— Rec'rs ctfs.var
Hft7" ifi"
114M 114)4 Atlantic A Gulf- Consol.
115
117
107
107i
Cent. Georgia—Cons, m..
108
109
sll2
118
Stock
110
109
109
Charl'te Coi.A A.— Cons., 7s 109
9i>« 100«
2d mortgage, 7s
.,,:• 99
40
42
tl!2
Stock
98
102
1 1 15l.
EaBt Tenn. A Georgia—6s.
102)4
E Tenn. A Va.—63.end.T0nn 100 102
118
E. Tenn. Va. A Ga.— 1st, 78. 115
78
70
143
....
Stock
105
107
143
...^ G eorgia RR.—7b
Div., 1st mort., 78
'CMl.rhic.'Hn'1.C^lnc7«.I«00
10
5
45
RAILROADS.
^-12
W6\4 106-% iChlc9t.I,..tN.O.-2d m.
85
73
STATES.
;9«
div.78,ex mat.cp.
tbaee are latest quotatlone
31
111
So.Carolina— Con., 6s (good) 101
108
Brown cons
M.AS. H06
Texas-6s, 1892
J.A J, Ml4
78. gold, ISO-^-WlO
J.A J. 115
78. gold, 1904
SI
Virginia— New 10-40s
107
lob
I
]|
....
95
66
78
34
113
90
74
{Brokert^^ Qitotattons.)
JISJS
I
....I
26
8S
90
88
00
74
gr.,~
So. Carolina consol., valid.
'70.
1000, registered
8'J
Southern Securities
North Mi.ssouri. 1st ra., 7a tl23
West. Un. 'I'ei.— 1000, coup. 116
iiWM 108)4
I.
.
-[
131
105
110
100
81
25
71
lat, ex.
2d mortgage ext.. ex coup
Equipment bonds, 7s, 1883
HI
Consol. conv., 78
Gt, Western, Ist m., ex cp 5 .•
do 2d ra.,7s,'93,ex cp 108
Q.ATol., 1st, 7s,'90.excp
ni.ASo. la., lslni.7s.excp 102
Hannibal A Naples, lat is =102
St.L. K.CAN.R. E.AR.,7b 110
120M
1*24
li.
7C
106
125
108
103
.
t...' 127)4
T.AWab..lat ext.78
IstSt.
106
90
Indianapolis A St.L.— Ist, 7j
2d mortgage
107
Istpref. inc, for consol...
Wab.St.L.AP.,gen. .881920..
Chic.div.,58,1010
do
10*
C5
«9 1«00.
.
Tol.Peo.AW.-
l»H
7(J
loo
lU8>«llC6^
109,4 110
:....!
Metropoiit'n Elev— Ist.lOOS
And accrued interest.
A
M.
2d mort.,
115^4
let. 7s.
West.— 1st 8s, 1919 ;ios)<
L. Erie
Laf.
I8l6s. 1919 106: 108)4
98
Manhattan Beach Co. 7s, '99
;
mort
income
do
Belleville
St. P.
A
BI.AMun.—
Ills
Br.. Ist
Cairo A Fulton, Ist mort.
Cairo Ark. AT., 1st mort.
St. L. Alton A T. H.— 1st m.
2d mortgage, pref
,
1
nominal.
78,
—
L.AIronMount'n— Istm
2d mortgage
2d Waco AN., 8s
Inc. and ind'y, 7s
m.Cent.-Dub.ASiouxC.lBt „,
48>i
Dub. A Sioux C 2d dlv.., illO
Cedar F.A Minn.. 1st m.. JI14
Ind.BI'm A W.— lst,pref.7s 121
Minn. & St. L., Ist, "s. guar 110
Iowa City A West'n.lst 79i
Central Iowa, 1st ra.7s, ISOOi iisk
Chesap.A O.— Pur. m'y fund ;i(iB
7w«l
6s, gold, series B, int. def.
49H
68, currency, int. deferred
Chicago &. Alton— Ist mort.
P.'ives
St.
104),;
-
Rome Wat. A Og.— Con. 1st.
—
C—
Alr-I.r-lst m. + 105
m.,g.,78
60
Kansas A Nebraska- Ist m
2d mort
Long Island- l8t mortgage.
2d mortgage
do
117«
*•
Midland of N. J.— Ist, new.
lOOM 102
Income, "A "
8*'
do
"B"
88)4 ud" N.Y.AGreenw. L.— 1st, s, n.
2d
do
ids" St. Joseph A Pacitic— 1st m
,
JOJX
2d mortgage
105
St. Jo. A Western stock.
100
South Side (L. 1.)— 1st mort
*o?4
Union A Logansport—7s.
100
St.L.Va.AT.U.,l8tg.7s.'97
2d 78. 1898
do
2dgtd.79,'98
do
illo
stock Excluingp Fi'iceJt.
Bait. i. o.— l8t Bs,Prk.b.l919
Best. H. * Erie— 1st
1st mort., guar
Bur. Ced.R.S North.-lst.5sl
»rt
9514
Y
N..
10l3«'
2d Bs.class A.
70
92
70)i
m
2d con... „„v;;
do
do IstTr'tCo.otfs.ass. il05;i
•••
ass.
do
do 2d
snppl. 10534 100
do 1st
do
I
09'
,„„ 105)4
108)4 109
AI.C, Istcon..
Col.Chic.
'
....
102)9
2d innrtgage, 7s. 1905
111
112
83. conv...
,^ ^t. Jos.
.-.2%
1st, ra. 1..7e
IIous.A Tex.
112K 113
1st mort.. West. Dlv., 7s..
1st mort., Waco A N., 7s.. :iii
114)t
2d C, Main line, 8s
Han.
51
Railroad Bonds.
'120
l'23)f
iiiojihoo^
125
....
N.Y.L.B.AW.,n.2d,con.,6s
31>j)
S12H
Joliet
lis
Long Dock bonds
123
&tandara Cons. Gold Mining
Slorniont Silver Mining.
Am. Dock *
125!<i
12155 131
1st cons, gold 78. 1920....
521.^^
210
do
pref
Silver Cliff Mining
do
S.f'.,
59%
120
103
110
]8tm.,g'dL.S. AM.S.,78. 115
Erie A Pittsburg— Ist m.,7s tioo
Con. mortgage, 78
105
I
Co. !!35
Quicksilver
Lehigh* W.
A
68
Chic. A B. III.— S. F.c'y 190"
Chic. A Southwest.— 78, guar
Cin. Lafayette A Ch.— Ist
Cin.A Spr.— 1st, C.C.C.AI.,78
,„,
3-6s, class C.
do
3-68. class B.
do
do l!>t8s,Pelrce,CA<)
do Equlpm't 73, '95
South Pac. cf Mo.— 1st ra.
Texas APac.-lsl, 63, 1905.
9054
no-)4
RAILROADS.
A
I
Mariposa L'd & Mining Co..
do
do pref.
Maryland Coal
Mnntauk Gas Coal
Pennsylvania Coal
Pullman Palace Car
St.L.
42
90
ChicACan.So.— lat
134
Kens. A Saratoga, lst,coup J13j
1st, reg.
Consol. 6s. 1905
do
Income and land gr't. reg.
Denv. A R. Grande— 1 st ,190(1 114«'115
99^
1st Klo Gr. Dlv., 6s, 1930.
1st cons. 73.1910 Ubli-.'.Sti'
do
Den. S. P. A Pac. .1st 79.1905 UO^ llUXl Pennsylvania RR—
....]
Pitts.Ft.W.A Chic, Istm. 140
Erie— 1st mort., extended.. no
107)tn09
••
2dm..
do
do
2d mortg., exfn 5». 1919
no 111
.3d m.. ^22
do
do
3d mortgage. 7s, 18K3.,.
107
10758
Cleve.A Pitts., consol., s.f. S104
4th mort. Ext., 5s. lOiO.
tllO |ll2!t,
4th mort... •{ii
do
oth mortgage, 7s, 1H88 ..
en
Homestake Mining
LaPlala Mining
...
40)4
{hrokprn' (Quotations.)
Boat.
I-4)t
do
1st consol. 6i
Mo. Pac.lst cons. 0s,10'20.
Pacific RR. of Mo.— ist m.
2d mortgage
.
12
Excelsior Mining
114
120
let Pa. dlv., coup., 78, 1917
reg., 'i's. 1917
do
30
Climax Mining
Colorado Coal & Iron
Consolidation Coal of Md
Cumberland Coal & Iron
Cumberi'd & b;ik Lick Coal.
& Nav.
Coup.. 78. '94
Reg. 7s, '94
do
51)4
39
Miscellaneous List.
1'21
do
Istm.. 6s, '96,
Den. Div. esass. cp.ctf...
mm" ;
extended
Pac—
iBt m., 88, '05, with cp.ctfs
1
Co., Baltimore
Caribou Consol. Mining..
Central Arizona Mining..
Oregon Railway
lii'
Ist con.,ij'd.. 125
Del. A Uud.Canal— 1st m.,'8J xlU4)^ 108
118
...
1st mortgage, 1891
Canton
Leadvijte Mining
Little Pittsburg Mining
Kansas
ids'
S'.IS
son'
.
.
bonds, 1900
construct'n
7s of 1871.
68J<
72)<
deben
pref.
N.y.Pa.AO.,l8t inc. ac, 5-7s.
N.O.Mob.ATex.deb.sc..l930
Ohio Central— Inc., 19'20....
Peoria Dec A K'vil'e— Inca.
Evansv. div. Inc. 1920 ...
St.L.I.M.AS.— lat 78.prf .int.
2d int., 6s, accum'lative
.
do
do
do
do
88
85
2d pref. debentures
Sd
do
4ih
do
N.Y.LakeK.AW.Inc. 68.1977
ma
62>:
86
P.7X
t80S4
Mun.-Inc 7. 1899
MoblleA O.— 1st
.
Oa^il 03!^
87
Lake Erie A W'n-lnc.78,'96
'
Furgo&Co
18
103«
121
III..
.
.
United States Express
7i«<
102
102
1824.
Ind's Dec. A Sp'd. '2d Inc.
Int. & Gt. Northern— 2d Ino
Leh. A Wilkes B.Coal— 1888
.
Wells,
74»(
\i%
Inc., 1907.
Ind'sBl.AW'n— Inc., 1919..
I
American Express
soJi
33
deferred
Cent. Iowa coup, debt certs.
C.St.P.A M's L. Gr.,In.68,'98
I
•
50X
32
33
33
105
old
STOCKS AND BONDS.
]aiSCEI.I.ANEOI7S
iAcuct ^ireviouHp Quoted.)
Albany 4. Susquelianna
AtchiBon Top. & Santa Fe.
Boston & N. v. Air L., pref.
flnrl. Cedar Rapids & No.
Cedar Fails i Minnesota...
Central Iowa
.
series
6.s,
Funding 5s, 1899
do
registered
107
68,1886
St. p.— Continued.
65<
4HJ(i
—
D. of Columbia—3858,
Registered
Small
Ohlo-fls, 1881
127 ,129
78, 1902
114 )117
Ist mort., 88, 1882, 8. f
Istm., 7s.tK'ld,R.n.,1902 124
Equipment bonds
Istm., LaC. Div., 1893.. .. 124
124)5
68, 1909
istm., I. & M-,1807
1175i
124
Mo.K,AT.— Cons.ass..l904-6 114J4114JJ
) 143
istm., I. &D., 1890
77« 7n>i|
124
2d mortgage, inc., 1911
j 47
1st m.. C. & M., 1903
751,
H. A Cent. Mo., 1st., 1890. KOK 110
Con. sinking fund, 1905... 125
•"'
tl04
Mobile A Ohio— New m., 6s. 106 107
jis
2d mortgage, 1884
118
1 85
1st m., fsTl.* D.Ext.,1908 123^1123^ Nash. Chat. A St. L.— 1st 78
105'
pref
104)4
1st
do
!77>4
N. Y. Central—68, 1883
S.-west dIv., 1st 6s. 1909
2dpref
109
.... lO'ik
do
68,1887
1st Bs, IJlC. & Dav.. 1019.
104
160
Chicago A Alton, pref
68, real estate
1st So. Minn. dlv. 68, 1910. iiojs; ....
101
&Chic..,
L.
..
Oln. Ind. St.
68, subscription
l8t m., H. &D.. 78. 1910...
..
111)4
Clev. & Pittsburg, guar.... 127
N. y.C. AHud., 1st m.,cp. 136 138
Chic. & Pac. div.. 8s.l910.
140
78
Dubuque & Sioui City
do
1st ra., reg
Chic. A Northw.— Sink. f'd. illl !lI3
1U5
lOB
Frankfort* Kokomo....
Huds. R., 7s, 2d m., 8.f.,'80 fio
Int. bonds
Harlem
:S4>s 135
Canada South., 1st, int. g 104-^ id4)i
Consol. bonds
132)4 135
....112
Ind Bloom, t. Western..
Jiarlem, Ist m., 7s, coup.
Extension bonds
5
111
....
132)4
Jntern'l & Gt. Northern.
do
1st m., 7s, reg...
Ist mortgage
Ii94k'131
Keokuk & Des Moines..
-V. T. Klevated— 1st, 7s. 1906
gold bonds
Coupon
Dref. 541
do
do
!I27Jt 130
N.Y.Pa.AO.,prior lien 0s.'95 106),^
Registered gold bonds.
:llO)t,lll« Nevada Centnil— 1st in. 68. luOt
25
liOng Island
Sinking fund
louTsv. N. Alb. & Chicago.. 144
Ohio A Miss.— Consol. s. I'd 119
registered..
do
136'
119
Memphis & Charleston
Consolidated
Iowa Midland. 1st m., 8s.
Metronolltan Elevated
120)4 122
xUl Ill2!^ Galena A Chicago, cxten. :I04!^
2d consolidated
-.:«
125
1!6T<
N.Y. BleviU,eU
luS 1123
div
...
1st
m.,
Springfield
conv...
1st
m.,
Peninsula,
1122
10534 108
N. Y. New Haven & Uartf 170
Ohio Cent.. 1st m., 69. 1920
Chic. A Mil., Ist
108
W. :i. Ontario* West., pref.
do '.St Ter'i Tr.,8s,1920 lOlH
St. P., Ist m. ..
Winona
A
120
Peoria Decatur & Evansv..
27% 27;«
2dm
I'eoria Dec. A E'ville. 1st 6s 106
do
l'2d
Pitts. Ft. W. & Chic, guar. 125
Evansv. div.,l3t fls, 1930.
C. C. C. A Ind's— 1st, 7s, s. t.
spec'l.
do
do
121
iiis
Pacific RailroadsConsol. mortgage
::".;
117
Pitts. Titusville & Buffalo.
Central Pacific—Gold bds,
C. St.L.A N. O.- 'fen. lien 7s
106
115
Rensselaer & Saratoga
••
San Joaquin Branch
1st con. 78
106
Rome Watertown & Ogd..
104K 106
Cai. A Oregon, Ist
C. St. P. Minn.A 0'aConB.6s
Bt. Paul & Uuluth
135
State Aid bonds
Ch.8t.P.AMMl.,lst 8-.191S 109
pref. iddo
do
Land grant bonds
^ ^
N.Wisc. l8t M., fis., 1030. tl05
8t. Paul Minn. & Man
Western Pacific bonds.. .112
St. P. .4 Sioux C. 1st 6s. 1916 1U9
Stonington
South Pac.of Cai.— Istm. I'-'f^
Del. Lack. A W.- 2d mort. tioa
Terre Haute & Indianapolis
:ii3
Union Pacific— Ist mort.. ilnx
7s, convertible
Texas & Pacific
123
I45«
Land grants, 7s
Mort«ifgc78, 1907
J-*
United N. J. Kit. & Canal
122
120
Sinking fund
Syr. Bii gh. A N. Y.. 1st, 7s 117
|f\
119
134H
Registered. S3
Miscellaneous St'ks,
Morris A Essex, Ist m
117
166*<
118
88
mort...
Collateral
Trust,
2d
do
Adams t^xpress
119 !;2o
Ch^MlLS
"
6s, ei matured coupon
6s, consol.. 2d series
2
class 3
claits
117
78,lflB0
j'
68, new, 1M66
6s, new, 1807
68, consol, bonds
B
Si*
1
new
new
68,
68,
20
2U
RR
1869.
Tennessee—6s. old
911
A.JtO
do
do
A.40
6s,old.
Rhode Island—6s,coup.'93-9
New bonds, J.&J
:o4
fls,
ni«
consolidated
Michigan -«8, 1883
!U
SKCURITIES.
Ask.\
Bid.
N.Carolina.—Continued..
No. Car. BR., J. & J
A.&O
do
do
coup, off, J. & J.
coup, off, A.&O,
do
Tnndlngact, 1886
1868
do
110«
88,
«
Arkansas Central KR.
Connecticut
due 1987
due 1888
due 1880 or 'OO
Asylum or Univ., due
SBCtlBITIES.
Ask.
IQ5
110
63,
68,
«1
-.2
L. Kocll
P. B. & N. O. KK.
78, Mlas. O. & K. R. RR...
K
1882 or '83
74H Mlssourl-«s. due
es, due 1886
....
9n
8H
SI
10
C1«mB,58
ClauC.StoB
Bid.
gECUTlITIES.
Aik.
nw
.
,6s
,7s. '86.
RR. 'ift m.,
Stock, assessmt. paid
7s, 1902, non-enjo led
;
<s
.
.
Non-mortg. bonds
West Ala.— 1st mcrr., 88...
2d mort.. 88. gna.*
lVo«*"i,r. V. C — !< m.. 78-.
No qaotallon to-daj;
.
—
102
110
130
*110
112
....
1
114
113
116
lOS
112
112
113
103
>••
110
l'i5
115
104
107
105
105
.
!ii6
20
1
92)^
87
lit
in
103
latest sale this
,
,11X1
110
29
»«}i
42
116
118
imi
week
:
:
Deceuber
:
:
THE CHRONICLE.
25, 1880.]
671
KXreiMM AKD IKT
luwjestnxjewts
Repalnnfmailwar
Ip-lmirK <ir iiMMnxnr uut hutaVK*
AND
STATE, CITS AND CORPORATION FINANCES.
l%Ct,UK.
UOttM*
104jm7
—ti'.'.
.New fn-(ghl i-ars
('•inland wikhI foreoKlDM
Wu;(i.jiund liii'ldnntaU
l»o2ai
The ISVESIORS' SuppLEMEifT contains a eompUU exhibit of the
iXtAM
Funded Dtbt of Stales and Gitie* and of t^f Stocki and liondi Hwlti-Jimiiii,
t,l7S,?M
nlKualinao kod watchmMt....
100,M3
of RaUroa U and other C>mpaniea. It ii pu'>lL»hed on the latt Ueueml expeiue*, ollloa exiHiiuM
4&JUM
Saturd'ty
every
8^
—
other month
of
tit.,
February. April, Jane.
August, October and December, and is farnUhed leith'tut extra
ehary, to a'l regular subacriiers of the Cheoniclb. Single eopiet
are told at
!?2
per copy.
ToUl oiienitlDg eipanacM
"•"
ANmrAI. REPORTS.
New York
Central
& Hudson
is Istiued
River.
From
state-
piwsenKCrfi
freight
Total
Total expeiiHea
Neteiimlnss..
Interest ami reutals
State tax uu oaruiiigH uno muutli
TKArrio kTA-rumca.
Htatiittic* for the year ending a«pt«tiib«r SO.
in7»-M.
,.
Nuuilx-rof, paHnengem
4,600,007
Niiiiiliiror piutx.'ngrrsmoved one wile
lVi.30O.XHi
$ll,ijn,15(t
aa.Jim.imft
4,:tU1.7«7
$'>8.3i)6,r)8:i
$:<3.17.1,»I3
ld,133,07'J
17,8i!>,sui
$12,273,510
4,079,021
$l,'>,31i0.0IH
ll.Ulo
DiH'ks and wharves
,,.,
...IJimjI
Materials and Mupptii-s on hauil
l'I!"It"
"
MatorlulH and miiipll-K on hand. Hhore Line blirUiea''
'..""
Delilt Balam-e, .Shore Line nivlalnn
$r,M»l,4Sr.
$10.5(!il.21!)
Cash, cash asiwts, loans, and due from ageots aad coaaaet'
lug roads
7,139,528
7,Ul,512
$454,957
$8 40
$3,427,700
$11 82
53-80
percent)
'
t,74."),l.">H
66-77
Included in operating expenses
Niimliur ef lonn frelKlit laoriul
I ,;« iM.rtn?
freight moved one mllr. 7s.:i72,tMM
COXDKXHKU IIAI.4MCS IIIKKT OI> THE XEW YORK
IIABTJrORO KAIUIOAU OOtUtMr OCT. I, IMO,
Number of tuns
isTOPo.
the cost of 6,355 tons of
is
steel rails.
Cost of RailnxMI
Riiulpinent, tugs and
new tracks,
and Kast
Buffalo,
sidiiiKs
Buffalo and Si xty-Hftli Street,
Additional locomotives (37)
New York
cars (2,a09)
at Buffalo, Syracuse
Land bought
73,093
314.010
252.0.-J0
].t«7,10.i
and C5th
St.,
N. Y. City
Total
..
1,085,915
$3,281,439
1878-9.
1879-80.
$0 78
$0 87
FreiKlit—Eaminga per ton per mile
Freight— Expenses per ton per mile
54
54
Freight-Profit per tou per mile
Passengers— Earnings per passenger mile
Passengers— Exjieusea per passenger mile
$0 24
$2 05
$0 33
Passengers— Proflt per passenger mile
$0 85
$0 73
New
York
120
New Haven &
{For the year ending Sept.
Or.
C^ontiugcnt- Account.'.
1879-80.
1878-79.
$-2,1.50,.552
l,4-i2.2(il
269,929
20,852
$3,U33.5J5
$4,294,235
are given in mnch detail, bat the
following are the principal items
The operating expenses
:
USB
DlVtSIO.f.
this division for the
year ending; flntrfnnJw
From transportation of passengers
From traiispniiatlnn of freUht
From transportation of mails
From transiKirtttlon of express, Ac
Total Income
1870-80.
ISTS^TOl
$"f (1 WMI
$341,03 <
77,212
13,470
17.304
tSj4i
IS^MHIfl^74&
$349,111
The expenses were
For transportation expenses.
For rent
«280iB«L
:
$104,62.^
Gain for the year
100,000
ioouu»
$54,486
$tX>7(»
Western Maryland.
(For the year ending September
a-s
largement was about sixty thousand dollars.
"The revival of business throughout the country and the
consequent growth of our passenger and freight traflic have enabled us to meet aU expenses of additions, &c., together with
the increased expense of keeping up and operating the road
and rolling stock, and to pay tlie customiry dividend, notwitlistanding the large reduction made it our passenger rates in
the spring of 1880. But for this growth contemporaneous with,
but not, to any great extent certainly, caused by, such reduction
of fares, our passenger receipts would have fallen off approximately in the proportion of that reduction."
niCOHE 1379-80.
on
30 were as follows
Hartford.
tr.ansportatiou of paRsengers
$2,317,565
1,634.092
transimrttttioii I'f freight
transportation
of
mailsaud
express.
271,1.56
Fix>m
41,421
From Interest, itio
receipts
The annual
:
l.»7a.0M
8II0RE
The
126
In the annual report just published the President remarks
" It is gratifying to this Board, as it no doubt is also to you,
that the receipts of the company for the fiscal year ending
October 1, 1880, are considerably in excess of those of the previous year, though that excess is not in proportion to the increase
In other words,
in the volume of business done over our road.
as will be learned from the foregoing figures, we have done a
good deal more work this year than last and have got some
more pay for it, while the gain is not in the same ratio as the
increase in tonnage or number of passengers. Our expenses
also show an increase over last year, resulting from the increase
of work done and theadvanced costof labor and supplies. During the year various additions have been made to our rolling
stock and depot facilities. About one hundred and eighty-four
feet of bulkhead and water front have been purchased adjoining our freight depot at pier 50, on the East River, and a new
and coramodious freight house has been erected thereon. This
has fully doubled our capacity to receive and deliver freight at
that important station. The increase of our freighting business in New York City, as was stated in oar report of last year
would probably be the case, has made this investment, in the
judgment of the Board, a necessity. The total cost of this en-
From
From
and luM
Total.
$1 99
30, 1880.)
]
pavable
Ai-counts payable
and
Depot, frelKht-lumso and yard Iniprovetncntx, Buffalo, Kast
'..'.'.'.'.
,..,
•...•....••.,..-.....
BIIIm
52,342
Buffalo
»t'
,
,
,
Capital stock, 153,0)0 sharss.
Protlt
New brldgoa
A-.
;
bargM
R«*al i-Htate
There has been expended from the surplus for constmction
during the year the following suras:
GrafliiiK for new tr.^ckd, Buffalo uud East Buffalo
$35.^2.-)
New
IMO
4,17:j.i!ai
Surplus
Proflt per sliarc
JExpensps, per cent
new
91jta>
IH.mi.'iMt
Profit
Sui>crstruoturc for
130.000
$lJMiJM3
I^5,I).'^H,101
IromiuUcellauoous
(8
33^250
a
P.
.
:
is7s-n.
Dlvidcud
*
H. R.
,
GROSS EARNIKQg.
^
From
M,MI3ift
laCarart.
Net turplus Ineome
(For the year ending Heptemher 30, 1880.)
In advance of the annual report, the fuUowinff brief
ment
$S,370,MO
Bnlaiire net earnings
DuduotliiK tuxna
DednoUug amixm
1
30, 1880.)
report just issued gives the earnings
and eipraaas
follows
I8T9-80.
$104.9-23
Passengers
and express
Milk and market
Malls, &e
202,800
21,458
Freigtit
8.S91
$397,564
300,285
Total
Expenses
\9T9-Ta-
$14aMa
ISO
18
7Jk
$347,442
2T4At7
Net earnings
$88.37d
In the operating expenses are included $00,000 ex.
steel rails.
The report says that while the eqoipa
been much improved at considerable expense, the
equipment is still inadequate. For this reason it'
advisable to continue expendiug on the road and eqc
the entire earnings in exce.ss of running oxpenses and tnt n—t
upon the bonds and funded coupons ot the first aad prafemii
second mortgages.
The traffic for the year was as follows
:
1973S.\
Pa->iCngel-s cirrlnd
freight (-arrlod
A rera./e rrreipt
Tons
Per pasitenger per mile
Per t<in i>cr mite
rT
1»7&7$L
4»0.3«W
189,859
S«M«»
1'54 ets.
l-fnet*;
2-04 -
U-Jtt
laOJEKk
•*
During the year the IViltimore & Hinover Company ba»
completed its road from a junction with the HicJimaa Vatfe^
Branch of the Ilaoover Junction Hanover X Ciettysbarjc Bw*road at Black Ri^ick, Pa., to Emory Grove station. TbbRwt
at an early day is to be extended to the lower Cnniberiand Valley and Harrisburg. The Baltimore & Cnrabirland Valfc-r
Railroad was opent»dfrom Edgemont statim, 75 miles from -Bmtimore, to Waynesboro, Pa., ~}i miles, on July 5. and its operalions have so far been satisfactory. The extension from.
Waynesboro, via Chambersburg, to Shippensbnrg. in Camberland County, Pa., 20 miles, is now being constmcted by JwfxA
Uumbird & Co., contractors, and is ic a well-advanced conuitioo«
The rails and other track supplies have been purchased aad
delivered at Waynesboro, the right-of-way settlementa kar»
been concluded with few exceptions, .ind a force of 600 mMt te
now employed in the grading. It is expeCe.! the entire rkI
will be completed and opened for bnsineas by June 1. 1S81.
The Shenandoah Vallev Railroad was opened to HagiMrtom
in August last, and by Jan. 1 it is expected to be in operaUoo
U rough to Waynesboro, Va., on the Chesapeake * Ohio BiaU
t« id.
—
:
.
:
IHE CHRONICLE.
6?2
aSWBRAL INVESTMENT NEWS.
[V^OL.
Honston & Texas Central.
tive earnings for
—
This railroad reports comparaOctober aa follows
1879.
Canada Sonthern.—The Canada Southern Railvfay directors Gross earnings
met Dec. 21 and declared a dividend of 2^ per cent. The fol- Operating expanses (Including taxes)
lowing statement of the operations of the company for the year
Net
ending December 31, 1880, the month of December being partly Increase in gross earnings
Increase In expenses
eHtimated, was presented at the meeting
1880.
$406,564
163,609
$478,099
177,376
$242,955
$300,222
$71,534
14,266
:
ex;>c-n80S nua Uxeg
0?cr.i:! :i,-
1879.
1880.
$3,717,277
2,393,051
Groja caraia„'i
Net .miuiiiKB
Purocutttxe of earnings
$2,935,3fi5
2.448, 090
$1,324,226
64-38
$547,275
$1,324,226
13,034
$o'kl,-275
$1,337,261
$5.50,751
420 000
917,261
391,452
159,302
6'12
1'06
Netearnings
from other sources
Roo«!ipt«
Sl-7d
3,479
Gain
XXXI.
in net earnings
for betterments
$52,267
$21,917
Expended
—
Latce Shore & Michigan Sonthern. The Lake Shore &
Michigan Southern directors met Dec. 21 and declared a semiannual dividend of 4 per cent, payable February 1, 1881. The
following is the statement for the year 1880 which was presented
at the meeting, December being partly estimated
:
Total receipts
luterest on bonds
Balauvc after paying Interest on bonds, etc.
Equals, per share of stock
Application of above balance of $917,261.
.
Construction expenditures-
Interest, rentals
equipment
$37,332
Surplus
et.
2410
$721,911
55,039
776,951
2-25
14197
" The road and property have been maintained in good and
during the year.
The renewals
of track alone
650 tons
;
173,'860 ties, 65'86 miles laid
:
Steel rails laid, $139,000.
" Included in operative expenses, in addition to ordinary
mnin-
Rebailding
tenance and i-epairs, are the following items
old ferryboat, $50,000 new passenger and baggage cars,
f 18,000 renewing freight and passenger eqaipment, $65,000.
" By the ownership of the 1,100 additional freight cars purchased in 1879, the expense of car mileage to this company has
been reduced about $127,000.
" After payment of operating expenses, interest on bond-),
and a dividend of 2}^ per cent on the capital stock, there will
remain to the credit of income account a balance of about
1425,000, representing assets mainly in the shape of materials
and supplies on hand, including about 3,000 tons of steel rails
fully paid for.
" The above-mentioned expenditures for construction and
equipment and for renewals and repairs have very materially
bettered the condition of the property, and were necessary to
enable the company to successfully handle its largely-growing
business. The effect is seen in the actual decrease in operating
expenses, as well as in the increase of gross earnings."
Cairo & Vincennes. Messrs. J. 9. Morgan & Co., in London,
give notice that they are ready to exchange their receipts for
the first mortgage bonds and coupons of the Cairo & Vincennes
Railroad Company for the certificates of the common and preferred stocks of the Cairo & Vincennes Railway Company, in
conformity with their circular of the 1st of March, 1880.
:
;
;
—
Central Paeifle Railroad.— Messrs. Fisk & Hatch, in a circula,r of Dec. 22, say that there is no reason why the Central
Pacific stock should not sell above par, and they give the gross
and net earnings in 1880 as follows
:
Oross
Months.
January
.
Fi>l)ruary.
March
April
May
June
July
*
Barn'gs over
Operaling
Sarn'gs over
Oross
Operaling
Earnings. Expensei.
1.973,437
898,311
Barnitiffs.
$1, -200,6 14
Expense!.
f321,2l3
1,070,487
1,37»,43S
l,3i6,716
1,778,487
232,743
462,643
September.
Ootober
2,120,229
43e.27rt
November.
*2, 1.54,000
1,724,9-50
1,8 10,067
716,82.5
Note.— The months
are partly estimated.
794,176
781,812
of
Months.
August
1,964,9J>6
901,131,
1,014,727
*1,074.100
December.. '1,800,000
"850,000
Total.. .$20,357,424 $3,517,201
November and December
In the above table
Indianapolis St. Lonis & Chicago.—A quarterly dividend of 1?^ per cent has been declared, payable on
January 15, 1831.
The following resolution was adopted
Besolced, That in the opinion of the DU-ectory a dividend of not more
than
6 per cent per
18
annum should be divided quarterly until
extinguished.
$5,560,000
Comparison with previous year
Increase in gross earnings
Increase ill operating expenses
Increase In net earnings
:
Equals.
22-58 p. C.
16-51 p. 0.
31-13 p. 0.
$3,448,508
1,475,476
1,973,032
construction or
equipment
accounts since 1878. Operating expenses include the cost of
1,500 new freight cars, $700,000, and also the cost of 7,000
tons steel rails, of several new iron bridges,. new station houses,
&c. Excluding the cost of the new cars the operating expenses
iinoluding taxes) were but 51-87 per cent. Dividends are hereafter to brf declared quarterly, beginning with May, 1881.
Memphis Padncah & Northern.— Mr. W. A. ^'mithe^s, President of this company, was appointed Receiver of the road by
Judge Hammond of the Federal Court in Memphis, Dee. 21. Mr.
Sinithers represents the interests of Dutch capitalists, who hold
a majority of the first mortgage bonds. The bill to foreclose
the mortgage is still pending. The road will probably be sold
within the next ninety days. The bondholders represented by
Mr. Smithers promise to complete the unfinished gap of fiftythree miles of road within a year, if they secure its possession.
Mexican Central. This company offers the holders of the
outstanding subscription the right to subscribe to $5,715,000 for
the further extension of the road one new block for each
block subscribed to under circular No. 1.
To begin work on the Tampico line a further subscription of
$5,715,000 is offered to the public. The subscription price in
each instance is $4,500 for $5,000 first mortgage seven per cent
bonds, $1,000 income bonds and 40 shares of stock.
The company has secured the right to build southward from
El Paso, and the first subscription above named is called for
this purpose. The company issues with the circular calling for
this subscription a copy of a letter from President Gonzalez to
the promoters of the Mexican Central Railroad in Mexico, in
which the new President says
" If, as it appears to be already decided, I am designed to be
the ruler of the country, you may trust that all its obligations
with the company will be faithfully complied with and I shall
help you to realize the railway construction, as I believe it will
ba a solution of many important social and political problems
in our dearest country.
" With such feeling and decision, allow me to congratulate you
for your work, and I remain, very truly, your friend and
servant.
Mandbl Gokzalbz."
Boston Transcript.
Mexican Railroad. The following advertisement is pub" To provide means for the constuction of
lished in New York
the main line of railway from the City of Mexico to the United
States frontier, at or near Laredo or Eagle Pass, on the Rio
Grande, the right to construct which has been granted to the
Mexican National Construction Company by the Mexican Government (by the so-called Palmer-Sullivan concession') and
for the construction of certain connecting lines, and for purposes appertaining to such lines, we invite, on behalf of said
company, subscriptions to the following securities $7,500,000
of the first mortgage six per cent thirty -year gold bonds of the
Mexican National Railway Company and $7,500,000 of the
stock of the same company, upon the following terms and conditions, viz.: The subscriber is to become entitled to receive, for
every ?1,050 cash paid, in bonds, $1,000, in stock, $1,000—
$2,000. Subscription opens Dec. 23, and closes 30th at 3 p. m.
For further particulars apply to Woerishoffer & Co."
Michigan Central. The Michigan Central Railway directors
met Dec. 21 and declared a semi-annual dividend of 4 per cent,
payable February 1, 1881. The following is the statement
which was presented at the meeting, December being partly
estimated
—
—
;
—
—
:
'
Cincinnati
debt
$1,978,660
1,978,660
$3,957,320
250,000
1,352,680
Nothing has been charged to
:
Per
have been as follows
2,754,988
$3,581,980
7-24
315,256- 504,928
375,000
efiBoient condition
2,750,000
Balance
$5,560,000
11-24
Emials pel- share
Balance for 1880, appropriating as follows
Dividend 4 per cent, Aug. 1880
Dividend 4 percent, February, 1881
Sinkingfund for 1330
$412,332
Increase in gross earnings
Decrease In operating expenses
Increase In net earnings
5850
$6,336,968
Surplus
is
Comparison with the year 1879
55-61
$8,310,000
:
oue-nalf per cent dividend on capital stock of
$15,000,000
8,934,.524
45.712
Remainder applicable to stock
Two and
$15,271,492
and dividends on guar-
anteed stock
4.^,101
of bridges, &c
20,894
New water statious, reservoirs, <teo
14,988
New tools, machinery for shops, &o
Lands at St. Thomas, Detroit, foiedo, &o.,
24,106— $143,958
for side traclts, water privileges, &o
SetUements of old claims, towu of Niagara's lien
1879.
$18,720,000
10,410,000
Net earnings
$38,870
New side tracks
Mew buildings and permanent replacement
upon Erie & Niagara Railway, <Sto
Applied to reduction of "Bills and Accounts Payable." as tliey appeared on balance sheet of Dec.
31, 187d, being principally for account of new
1880.
Gross earnings
Operating expenses and taxes
Percentage of earnings
the floating
Cincinnati Sandn8liy& Cleveland.— The Boston Transcript
says the directors have agreed to lease the road-to the Indianapolis Bloomington & Western Railroad Company (subject to
a
Btockholdei-s' ratification) for a certain percentage of the
gross
earnings of the Sandusky road—about 35 per cent.
Denver & Rio Grande.—The allotment of the new subscription of the Denver & Rio Grande Railway Company was made
this week.
Eleven millions were subscribed, from which four
millions w.'re allotted exclusively to stockholders of record
on
Taesday. th.- 14th inst., in the proportion of one share new to
four old; but stockhilders entitled to less than $1,000 were
allotted an even .;jl,000 of the subscription.
:
—
:
Gross earnings
Operating expenses and taxes
Percentage of earnings
Netearnings
$9,100,000
5.730,000
62-97
$7,345,700
4,624,600
62-96
$3,370,000
$2,721,100
:
Decembbk
THE
2S, 1S80.]
(^HRONK.'LK.
1880.
1870
$l,G05,6oo
fl.d'JO.uOO
Balance
91,709.000
0'42
Equals per share
Balance for 1880, appropriated aa follows
DiWdeml t percent, AiiKmtt, 1880
Dividend 4 pcrcoiit, Kebruary, 1881
•1,101,100
5-87
Interest and rentals
Philadelphia
$740,528
749,528
$1,409,056
100,000
70,000
05,044
Construction
Jackson accident
Surplus
$1,763,000
Comparison with prerions year
:
luoreose In gross earnings
Increase in operating expenses
Increase In net earnings
$1,754,300, or 23-88 per rent
1,105,400, or 23-00 percent
648,900, or 23-84 per cent
Construction account has been charged with land, $45,000,
six and one-half miles of additional second track, i5.'5,000.
The pavement on Jackson accident settles all claims on that
account. Operating expenses include the cost of 850 new
freight-cars, $400,000, and also the cost of 4,700 tons of steel
rails ; of new iron bridges, $45,000, and of new buildings and
additions to old ones, ^3,000. Dividends are hereafter to be
made quarterly, beginning in May, 1881.
and
—
New Atlantic Cables. The press dispatch from London
Dec. 22, reports that " Siemens Brothers, the cable manufacturers, have received an order from Jay Gould and his cable
construction company for two Atlantic cables, and have already
begun the preparations for their manufacture. All the old
experienced workmen have been engaged, and the work will be
pushed forward to completion as rapidly aa possible. The
cables are to be completed by July next, and it is expected that
they will be laid and in working order by September."
New York Lake
Erie
& Western.—The
statement of operations for the month of October shows an increase of about 11
per cent in gross earnings, while the working expenses were
only $15,430 greater than in October, 1879. The following are
the figures
673
k BiMUiar.— The preM
dkpateh
fma Loadoa,
Dec. 28, report* that a romftin*^ of bond aod iharo boUUn of
the I'biladelpliia & K'-adiiiK lUilroad was b<<M that day aa<L
'"
after some
Home opp<jHitiriD by tbe
the sapportem nf Mr. Puw»l^,
Po
pawiiij
unanimously the motion of Sir Heory
Henry Trier, etpraaaiacMBteipr
dence in Mr. (iuweo, and adoptii^K hia Kixime. Tb« followlay
dispat-ib was received in Philadelphia from Mr. tiowan
" London, Dec. 23.— Cn)wd«-<1 meetiaf p«rfi«t •«<«««..
olations approving of the dnfcrred Income bonds and tb«
%
per eents, and eipn-sHing .-utlre (•oiilld.-no' in. and r«et
ing the continuance of, the pr«sent manaKemxut, «ren»
asticallir adopted, with but one single diwentinit vota."
Tbe N. Y. Herald dispatch Mys that Mr. Oowvn atatMl at
the meeting ''that prominent Amxripan flnni had aodrrtakaa
to guarantee the whole Imsuh of di-fi-rrrd boods, and woold take
ap any bunds not subsc-ribed for by the sbari^h^ldifni. Tb«
conversion of the bonded debt by which faeh largf sav log la
interest payment was to be effected wa« also ii>TU>->-d I brooKh
the same parties. The company bad determined to »p«D lis
new offices in London for tbe convenience of tbe pn^prietoia."
—The withdrawal of the McCalmont Hn)tberi as tbe Loodoa*
financial agents of the Reading companirM is annooaoMl,
'
the banking firm of Glyn, Mills, ("orrie & Co., of 67
Street, has heen selected to Rac«eed them.
:
—
MW
Richmond k Danrllle Railroad CoHnaay.—Th« report
gives the following statement of eaminin for the lUeal year
ending Sept. 30, 1880
OroM eaminga. |1.MS,814 i •ipeaaea,
$1,146,467; net eaminga, |7M,847 ; Tntareat oa bondiandalJ
fixed charges, $570,898 ; aarplu to profit and loan, |89B,M>i.
:
Richmond Frederleksbnrf k Potomac—Notice
holders of the
flr8t.of
first
November,
ia
airaa to
mortgage 8 per cent conpoa bondii, ana tlta
1881, that they are entitled, nntll tbe flrat of
March, 1881, to extend said bonds 20
turity, at 6 ptr cent interest.
yean from
the date of ma-
k State Line.—The sale of thU road in foranoticed for January 8, 1881, in Roeheatar.
Rochester
closure
is
Southern 'Paciflc.—A dispatch from San Praneiseo, Dee. 10,
reported the Southern Pacific Railroad opened for boaiiMaa
Gross earnings
$18«,212 that dajr to Deming Station, the point on tbe line near MaaOla«
Working expenses
997,975
15,430 1.210 miles east of San Francisco and forty-five milea from
Net earnings
$715,722
$886,504
$170,782 El Paso. Stages connect there for the Atchison Topeka k
Northern Central. The comparative statement of the gross Santa Fe Road at San Marcial, seventy-five miles distant. Tha
and net earnings of the Northern Central Railway Company for junction is to be made by the road from the east in a few weeka.
keeping on to the Rio Grande at Kl Paso, aad
the month of November, and for the eleven months ending The graders are
the surveyors are examining in Texas for an air-line to Hooatoa
November 80, is as follows:
or New Orleans.
Month of November.
It is reported that the Southern Pacific and AteUlOB
1879.
1880.
Topeka & Santa Fe officers have decided that tbe two roada
Orosseamlngs
$377,316
$459,054
Inc. $31,738
Operating expenses
226,273
302,451
Inc.
76,178 shall connect at a point about thirty miles west of the Rk>
Qraode, known as Florida Point, which is about 100 milea eaat
Neteamings
Inc.
$151,043
$156,603
$5,560
of the Arizona line.
Eleven months ended Hovember 30.
1879
1880
Texas Pacific- New Orleans Paclflc—On the N. O. Padfle
Gross earnings
$4,556,074
Inc. $862,727
$3,693,350
it is reported that all the grading is done except about 76
-2,637,132
Operating expenses
2,984,864
Inc. 347,732
miles, and the track-laying from both ends will have began
Neteamings
$1,571,213
Inc. $514,90.')
$1,056,218
by Jan. 1. Gen. Dodge says the southeast extension of the
Pennsylvania Railroad. The following complete and Missouri Kansas & Texas Road from Greenville to Minoja is
rational exhibit of the earnings of the Pennsylvania Railroad is now in course of location. The track-laving will begin witbia
compiled exclusively for the Commercial asd Finakcxal Chron- 30 days, and trains be run to Minola bv May 1, 1881, at lateat.
icle.
In November the increase in gross earnings was $442,916, The track on the Texas Pacific extension ia going down at tha
but there was an increase in operating expense.s of $395,218, rate of a mile per day, and has almost reaebM tbe Taylor
and a consequent increase in net earnings of only $47,627. For County line. The grade is now completed 300 miles west of
the eleven months Jan. 1 to Nov. 30 the increase in gross Fort Worth.
earnings was $6,545,891, and in net earnings $2,783,288. The
Wabash St. Louis k Pacific—The Chicago Division booda
Pennsylvania Railroad on all its lines, east and west, has
amount of $4,500,000 were placed on the
made $4,308,545 more profit in eleven months of 1880 than in of this company to the list.
These bonds are secured by a lliat
N.
Y. Stock Exchange
time
last
year.
the same
mortgage on the Chicago Division of tbe Wabash St. IxMiia k
ALL LINES EAST OP PITTSBURG AND EKIE.
Pacific Railway, from Effingham and Altamont. 111., to Chicago^
Qroas Eamingt.
Net Eamingt
1879.
1880.
1879.
259 miles, road completed. They are dated July 1, 1880 ; pin1880.
$1,019,531 cipal due July 1, 1910. No. 1 to 4,600, each $1,000. Intereil
January
$2,.543,424
$1,366,298
$3,083,551
Febraary
2,944.576
2,538,039
1,2.32,182
1,172,986
January 1 and July 1. Tbe trasteaa are
Marcli
2,603,068
1,511,248
987,223 five per cent, payable
3,278,186
Henry Spaulding and John T. Terry, of New York.
1,031,0'28
April
2,6.30,022
1,495,582
3,488,366
:
1879.
$1,713,697
1880.
$1,899,910
1,013.405
Inereate.
—
—
—
—
—
.
May
June
July
August
September
October
November
.
3,417,916
3,221,476
3,449,644
3,723,355
3,647,543
3,882,714
3,574,913
2,708,695
2,390,810
2,782,906
2,982,718
3,336,528
3,518,144
3,131,997
.
.
1,476,852
1,012.247
1,302,.505
1,554,480
1,474,910
1,688,394
1,394,076
1,034,09J
600,994
999,615
1,256,993
1,590,639
1,685,930
1,346,449
$31,166,351 $15,508,773 $12,723,484
to the lines west of Pittsburg and Erie, there is the
usual discrepancy between the figures of 1879 and this year,
which, as accounted for by the Treasurer, results from charging
at the end of the year certain interest on bonds of the Pennsylvania Company and the Pittsburg Cincinnati & St. Louis
Railway Company, and not charging the pro rata for each
month in 1879. The gain this year is now published as
$1,801,193, but the table below shows $1,525,256.
ALL LINES WEST OF PITTSBURG.
yet Surplus above all Liabilities, including Rentals, Inleretl, die.
Gain in 1880
1879.
1880.
$101,1,'>5
$305,304
$204,149
January
90,sr,4
116,710
25,846
February
483,468
557.171
73,703
Mart^h
312,269
Deficit 82,178
394,447
April
109,291
11,201
DeHcit 158,090
Miy
277,(i53
Beflclt 269,182
8,471
June
248,09,)
52,732
300,827
July
14.324
267,296
252,972
August
Loss. .188,343
206,982
395,325
September
465,322
loss... 45,716
419,606
October
407,616
:(,0S8... 29,982
377,634
November
Total 11 moB... $37,712,240
As
Net for 11 montbs... $2,883,471
$1,368,215
$1,525,256
Washington Citr Virginia Midland * Great Sootherm.—
On December 20 this railroad was sold at auction in Alexandila
for $5,600,000, to Robert Garrett and others, of Baltimore,
trustees for certain of the bondholder*. This sale covere tha
entire line of railroad between the city of Alexandria and tha
city of Danville, and from tianassas, on the main line to Hm^
risonburg, in the county of Rockingham, together with all tha
branches
—
Attention is called to the 7 per cent fliat mort«[age
of the Natchez Jackson k Columbas Railroad Company, due
1919, for sale at 92>6 and accrued interest, by Meaara. Bntton
learn that tbe city of Natchet. on
k Burr, of this city.
14th instant, voted by a four-fifth majority to i»ue $238,000
worth of bonds, with coupons, in aid of this road. This ro»>
pany has paid its interest promptly in this city, and investott
are invited to examine its bonds as a purchase.
—Holders of twenty or more of the coupons due Janoary 1,
1881, from the following railroad bonds, can leave their coupooa
with Measra. Fisk & Hatch, immediately, for which a «*«*{?•
will be given, and checks payable January 8 will be ready lor
delivery December 31:
We
Ua
Outral Pacitic Railroad of California
'*o^2'S22
Western rai-mc Railroad
J'SS'^S
& Oregon Railroad
i:-ii--i:^-jil
VSSf^Z
Chesapeuke & Obto Railway purobaae money tundlnc bonoa. f-JJJMfla
l,gwi,ww
New York Woodhavcn .& Bockaway RaUioad
California
.
THE CH RON! CLE.
674
Feidat Nioht, December
Feiday. p. M., December 24, 1880.
of the Crop, as indicated by our telegrams
from the South to-night, is given below. For the week ending
this evening (Dec. 24), the total receipts have reached 237,080
bales, against 238,490 bales last week, 243,137 bales the previous
week and 218,341 bales three weeks since; making the total
receipts since the 1st of September, 1880. 3,257,6(14 bales, against
3,012,549 bales for the same period of 1879, showing an increase
since September 1, 1880, of 245,115 bales. The details of the
receipts for each day of this week (as per telegraph) are as follows:
24, 1880.
The weather has been wintry all over the connin holiday goods has been exceptionally
business
try, and the
general
;Ur^e; but as regards regufcir tnsness, there is a very
to see
hoUiays
tLe
after
till
action
postfone
to
disposition
.often not«d.
Receipts
forth.
Ciard
lbs.
lbs.
lbs.
1879.
10.883,000
102,535,245
55.325.614
Uon.
Tites.
Wed.
9.621 14,153
6.125 5,387
3.310 4,143
8,321
2,390
4,709
Sat.
Tlinrs.
Total.
F)-i.
62,504
23,644
24,800
1,502
31,956
56
28,505
Savannah
4,538
5,882
5,691
2.246 11.843 16,320
5,616 2,207
1,919
4.S04
3,206 4,623
1,502
5,070 4,926
Brunswick, &c.
Galveston
5,581
5,865
5,595
3,169
1,731
6,264
618
618
3,642.
2,253
3,103
S.450
2,115
2,376
3,478
Wilmington
Moreh'dCity,&c
1,032
218
830
437
378
360
Norfolk
City Point, &e..
5,8C0
4,249
1,924
4,493
0.822
15,914
3,478
3,255
1,924
29.972
9.822
.
.
Moblie
Chivrleston
Port Koyal.Ao.
56
Indianola, <&:c...
Tennessee, &c..
Florida
. .
.
5,371
3,281
6,775
Totals this weeli 39.649 43.275 37,419 25.775 32.077 59.785 1237.980
Decrease.
Ina'ease,
at—
New Orleans
In provisions, business has been quite moderate and the
.ssonrse of prices has been downward, owing to a lack of support
from the Western markets. At the moment the speculative
Pork on the spot quoted to-day at
interest is quite small.
.$12 50@$12 75 for old and $13 50@$13 75 for new mess; all
Lard was
-prices for future delivery were absolutely nominal.
ilower and sold on the spot at 8-80@8-S23^c. for prime Western;
December contracts sold at 8Mc.; January, 8Tl)i@S^80c.^, February, 8-90@3-92^c.; March, 8-95@9e.; April, 9-05@9-073^c.;
9-lOc.
-seller six months, 8-75@8-77c.; refined to the Contment,
Bacon was lower and dull; quoted here at 7c. for long and
And7^c. for short clear; half-and-half. 7Mc.; sales in Chicago
for January delivery at 6-55c. Cut meats were dull, in large
stock both here and at the West, and weak. Beef has sold in
Beef hams
-a fair way at $19@$20 for city extra India mess.
Butter has latterly been quiet and rather
auiet at |16 !)0@$17
The
irregular. Cheese firmer at 13@13Mc. for fancy factory.
number of swine slaughtered this season in excess of last is
162,000, or an increase of 15 percent. The following is a comparative summary of aggregate exports, from Nov. 1 to Dec. 1:
1880.
9.126.000
111.340.000
57,837,121
XXiL
The Movement
circles, and leading
It has been a dull week in mercantile
prices than is
staples of trade show a more uniform decline in
what the New Yeir ma/ bring
[Vol.
O O T T O N.
yhe ^ommtxcml Jimes.
COMMERCIAL EPITOME.
pork
Kaoon
..
1,257,000
For comparison, we continue our usual table showing this
week's total receipt»s and the totals for the corresponding weeks
of the four previous years:
Receipts this w*k at-
New
62,504
23,641
24,800
1,502
31,956
28,505
MobUe
Charleston .
Port Royal, &e.
.
8,804,765
2,561,507
,
Savannah
11,306,262
1,257,000
163,213,859
173,353,121
3lio coffee has been quiet of late at 13c. for fair cargoes ; but
TTotal.-.lbs
iOm advices from Rio Janeiro are hardly as favorable as they
were early in the week, and for a day or two past the market
hiete has been somewhat nominal at the quotation mentioned
the
Stt the fore part Of the week there was a good trade here
«close is quiet but firm with the stock in first hands here now
115,532 bags. Mild grades have sold only moderately as a rule
ibnt fairly in Maraeaibo the trade has reached a fair aggre-rgate, prices have shown no marked change, but have latterly
jbeen rather -i-eak to-day prices were firm though trade was
quiet. Rice has been only moderately active at the quotations
of last week. New crop New Orleans molasses has been fairly
:active, and latterly choice has advanced to 52c.; foreign has
remained dull and to a great extent nominal. Spices have been
^generally quiet and unchanged. Tea has been quiet and more
or less depressed the large and frequent auction sales have a
fcad effect on trade " on the street." Raw sugar has been only
;
;
;
Galveston
Indianola,
&o
Tennessee, &e
Florida
North Carolina
Norfolk
City Point, &o..
..
week
Total this
.
Total since Sept.
1.
250
30,458
15,273
53,235
14,799
19,166
81,070
22,955
20,753
73,650
19,434
16,277
321
25,793
18,979
69,811
19.636
19,353
1876.
1877.
1878.
1879.
1880.
Orleans.
890
324
29.106
23,511
21,447
18,811
618
300
407
374
289
16,000
3,478
5,179
29,972
9,822
18,711
1,290
3,880
22,212
6,391
16,965
4,023
3,906
15,315
4,861
11,789
10,800
1,266
4,116
17,318
237,980
207,601
199,931
224,034
792
5,993
20,414
3,976
1,062
162,633
3,257,664 3,012,549 2,576,136:2,332.915 ,2,562,063
;
;
anoderately active at generally unchanged prices ; centrifugal
.and the better grades of Muscavado have been firmly held, the
supply being moderate but other grades being plenty have
t)een somewhat nominal in value. The market closed quite
'.firm however for most grades.
;
Boxes.
Receipts since Dec. 1, 1880
Salps since Dec. 1, 18S0
•Stock Dec. 22, 1880
Stock Dec. 24, 1879
13,610
27,490
23,830
34,868
606
226
8,028
10,868
Rags.
Melado.
195,869
106
160,870
960
1,001,760
2,753
563,012
937
Refined sugar has fluctuated somewhat, but latterly, though
•rather quiet, has been firm to-day trade was quiet but prices
were fiimly maintained; crushed, 9%@10c.; powdered, 9>^c.;
{granulated, 9%c.
The market for Kentucky tobacco has continued very quiet,
^aaid prices are quite nominal.
The sales for the week are only
147 hhds. Lugs are quoted at 4%@5^c., and leaf at 6@12?^c.
-Seed leaf has also continued slow of sale, the transactions for
*le week amounting to only 1,150 cases, as follows 450 cases
1S79 crop, New England, 12@40c.; 300 cases 1879 crop, Pennsylf^ania, 13@403.; 300 cases 1879 crop, Ohio, 5@13c., and 100 cases
.-sundries, 9@lSc.
Also 650 bales Havana, 82c.@$l 20, duty paid.
Naval stores have latterly been quiet, but prices have re-tnained steady, in sympathy with the advices from the Southern
jliid English markets.
Spirits turpentine, 45^c. for Southerns
«nd46c. for New Yorks; strained to good strained rosins, $1 82>6
•S^l 87^. Petroleum was quiet but unchanged at 9Mc. for re•fined, in bbls., for export.
The advices from London have lat•terly declined. Crude certificates closed dull at 91%e. bid,
rafter selling at 91 %c.
Ingot copper steady and in moderate
«ale at 18%@19c. for Lake. Wool rather irregular and, on the
^Jhole, moderately active. Clover seed, 8^@9c. for new.
Metals are dull and without essential changes except lead,
which is lower, selling at 4!4@4 30c. for common domestic.
In ocean freight room only a small business has been reported,
in charters particularly, owing to the small supply of tonnage.
"The general demands for room have .been moderate. The
engagements to-day included: Grain to Liverpool, by steam,
-8Md.; bacon, 30s.@32s. 6d.; cheese, 35s.@10s.; cotton, 3-16d.@
^d.; grain to London, by steam, l}idi.; do. to West Hartlepool,
!hy steam, 8Md.; do. to Antwerp, by steam, 7?id.; .sack flour to
Glasgow, by steam, 27s. 3d. ner ton and 38. per bbl. Grain to
'OiTk for orders quoted 5s. 6d. per qr. for large, and 68. 3d. for
:iSmall, vessels; of the latter there are none offering.
;
:
The exports for the week ending this evening reach a total of
184,838 bales, of which 114,867 were to Great Britain, 19,138 to
France and 50,833 to rest of the Continent, while the stocks as
made up this evening are now 933,688 bales. Below are the
exports for the week and stocks to-night, and a comparison with
the corresponding period of last season:
EXPORTED TO—
Week
ending
Great
Dec. 24. Britain.
35,507
4.901
11,161
7,300
7,823
4.966
21.098
22.111
5,615
114,86:
19,138
N. Orl'ns
Mobile
CUarl't'n
Savan'h.
Galv't'n-
N. York
Norfolk-
Other*.
Total
Continent.
France.
6,815
50,833
184,838
3,549|
18,928
5,499
7,510
3,387
2,596
Week
1879.
44,671
4,901
25,905
33,768
16.709
8,860
21,098
28,926
14,744'
1,298
Same
this
Week.
1880.
68,253
3,316
11,306
11,632
6.175
6,484
10,020
4,259
1
1879.
290,537|292,693
56.827| 65,801
97,617 68,124
119.225'103,550
106.676 82,257
142,614 124,726
49,662 61,699
70,500 54,000'
Tot. this
week
121,495 933,688 852,910
Tot.slnoe
Sept. l..f 12 12.333 246,857 141,463 1900.653 1643,3991
riie exports this week under the heart of "other pirta" Include, from Baltimore, 4,097 bales to Liverpool and 1.585 bales to Bremen from Boston. B,A)8
bales to Liverpool; irom Philadelphia. 1.80U bales and 3 Sea Island to Liverpool:
from Wilmington. 4,9a3 bales to Liverpool from San Francisco. 107 bales to
Liverpool from Port Kojal. 1,373 bales to Liverpool, and 5,'i30 to Continent.
;
;
;
the foregoing statement it wiU be seen that, compared
with the corresponding week of last season, there is an increase
in the exports this week of 63,343 bales, while the stocks to-night
are 83,778 bales more than they were at this time a year ago.
In addition to above exports, our telegrams to-night also gvi^
us the following amounts of cotton on shipboard, not cleared^ at
the ports named. We add similar figures for New York, which
are prepared for our special use by Messrs. Carey, Yale &
Lambert, 60 Beaver Street.
From
On Shipboard,
DEC. 24,
AT—
Great
France^
Britain.
Hew Orleans
Mobile
unarleston
Savannah
Halveston
New^york
Other ports
Tot.->i
not eleared—for
Leaving
Other
Coast-
Foreign
wise.
17,978
8.300
8.051
24.000
10,581
1,000
2,000
4,000
3.307
None.
7.000
41.632
71.910
23.080
147.:f66
!
550
In this
1
Stock.
29,350
17.101
41.500
43,«15
• 6.300
32.000
175.315
27,477
80,516
77,725
63,861
136.314
83,162
285.288
648.400
115,2-22
6.773
1,150
66.542 23.929
14.000
5.600
5.950
2,550
11.600
1.900
23.274
6.053
3.000
1.000
23,000
amount there are 1.300 bales
ports the destination of which we cauot learn.
•Included
Total.
at presses for for»iga
I
6
.
Decemusr
The
all
THE CHRONJ(JLli
25, 1880.]
is
BSPOKTBOBIMCB SKPT.
BECBIPTS SIHOB
SEPT.
Forts.
«75
our usual table showing th« raovenienM of
the ports from Sept. 1 to Dec. 17, the-Lit««t mail dat**:
following
cotton at
1
1880.
TO—
1
5,J
1.
Stock.
1879.
^"""iFureian
Britain.
^'>'<«'-
I
ir.OrlnH
631,569 716,700
209,179 213,765
441,619 335,043
560,663 501,03?!
335.176 321,054
40.345
66,016
13,445
7,539
101,909
77,950]
548,812, 419,484
84,637 116.353
Mobile.
Char'n*
Bav'h..
Galv.*
K.York
Florida
N. Oar.
Norfk"
Other..
XlilayT. 3019,681
291,056 141,338 107,352
10,398
2,aOl{
1,063
118,932 33,597 82,332
120,572 16,165 113,183
100,830 13,915 3:;,432
145,909 16,918 36,36ul
512.711
19,165
234,901
249,720
113,17
109,093
269,464
16,135
101.464
135,183
95,005
132,837
35,123
173,950
91,694
43,392
176,800
101,523
19.458
00.195
87.500
1,441
2,850
6,825
....
0,827
5^
inniiiinniiniifm^
Mi
?
1097.468 227,710 390,830,1715,815 920,631
Laat year.
Mill I
2304,918 1032,633 137,202 352,061 1521,904 809.575
* Under the heai of ChorMlon ti ladudad Port Horal, *o
under the hw' ' t
vatvetton la iuolu led Indlttaola. Jco.: uader the heaJ ot Sor, Din la Inoludeil CIt r
Point, *c.
;
%
The
le.*}
speculation in o-jtton for future delivery has been mauh
active the pa-st wdak.
There wai a deposition to increase
crop estimates, and highar totals became popular. There was,
however, a sharp rise on Monday morning', caused by the reports
of bad weather in Alabama and the Mississippi Valley, snow
being reported as having fallen over a wide area, and in quite
Southern latitudes, and again interrupting picking but an early
re-action toward lower prices took place, and during Tue.sday and
Wednesday the market continued to give way. On Thursday
prices were steadier, but very dull, neither party to the speculation seeming inclined to operate with any degree of freedom, as
there were no active influences at work to affect prices, while a
disposition existed to postpone action till after the holidays. Today the market was depressed, e.specially for the early months.
Cotton on the spot has been quiet and unchanged, closing at
11 15-16C. for middling uplands.
The total
to
Dec. 24.
ii^
iS^
i'*
It
ii
Hi-
II
li^
It
ii^
ii^
ii^
tl^
ij*
'?'?
*?"
'?*?
*?*?
tc.-
•*
^
00
u£w
06
au>u
#*^
"lO
icio
tsto
»^^
ojDto
Qip
-
1
W*-—
Ordin'j.fllb 8"l6 813,„ 813io
Strict Oril.
9»16
9-'iu
Good Ord.. 10»]6 10i>J8 103,0
Btr. O'dOvl
lOiiie
llifl
Ixjw Midd'g 11 »g
llHi
Btr.L'wMid 1134 113* 11%
Middling... ll'»19 lli5,e 1115,6
Good Mid.. 127
127,6 127,6
Btr. O'd Mid 121'I(l 1211,, l2lfio
Midd'g Pair 13-'ie 133,6 133,6
Fair
131319 1313lfl 1313,6
0<i
_
_
lAtO
12
123,6 123lB
1211,6 1211,6
12I5ifl| 12i5ie
137,6 137,6
141,6 li'io
I
I
12
123,6
12'fl8
121510
137i«
14116
123,6
12
Wetl Th.
{Wed Tb.
016
101^16 101^16 ll'l«
G'd Ord 1011.16
Uia 11%
IjOw Mldd'j! III3 llHi
Btr.L'wMid 11% 11% 11% 12
Middling... ll'»16 111516 1115,6 123,9
Good Mid .. 127,6 127,6 127,6 12lt„
Btr. G'd Mid 1211,, 1211,6 1211,0 1215,6
Midd'g Fair 133,6 133,6 133,9 137i6
1313,, 1313,6 1311,6 141,6
Fair
Btr.
I
STAINED.
Sat.
y
lb.
869
9ifl
1038
ll"!
liow Middling
Middling
Wed
Tta.
11%
123,6
12li,o
1215,0
137,6
li'ie
12
12
12
123,6 123,9
121*16 Illti6
1?''16 131616 1315,?
l.lTio 137,6
ll'ie 111,6 141,0
IHOD Tnes
11%
Wed
858
Ola
1038
869
913
1033
114
IIU
IIU
Ex-
Oon-
port. srimp.
Spec- Tran-
uVfn
sit.
»if
<1*.5
K»0
WCJ
iota
Ull
i^^
COM
*-»
I
'
I
r#:-A
»*-
I
uuo
c
UI9
V''ji
»«
I
Th.
OH)
103s
*>"
"-N-u
h*c*
*^»-»fli
tfi^^o
i-*x
»e
»0 Id
Via®
U 10
t)>v
Cdw
oa
&•£
*~**^ai
•-••*1
*r*92
O"*!^
It©
06©
H*«*^
'r*?2
C^3JO
1910
KM
UIO
rj<cit
OiZJt
6t»
©•^l
<DCn
^"^O
OCW
5»r-
•*•
iJioo
6«C)0
©O
UU
»M
-^'i-'i
Y'^
T
I
•"
^9^0
oa©
MO
'-'•-•a
MM, I
*^'-M
w©©
M.fa
^*9s
aa©
^^'^S
^*^x
mx©
tcto
10 to
fecrp
a^
a
a
cc:m
to to
*4 ^i
ooOd
1
^^^lA
i^ifa.
t
tCrOo
cR^i©
CM
M
I
I
0*^
i
tOtCo
-^^i©
0*0
M
,r?
to
^M
I
(>M
»?©
»?i
-.1©
I
'
«to
MMjj
h-
|M
.w
f
I
aa
Id
Ml"^
tOiCo
*ia©
i-'O
^
W».ryv
<^v»
>^>a
lU^ii.
lOtO
— a>
r»;3
•**»
to 10
lOtO
lOfOo
KU
^^
(p'jt
IS to
(-
mS
Ts
1^^
<p^
t>l»*
I
'
IC to
MMO
^©
I
1
'
*»
ifcM
»?5
*i©
a*J®
^O
MM
UM
ob x
uu
MM
«£u
I
MOD
»
M
,10
I
I
X©
fcr
»**^a
^*^2
c*i©
^IJ
10 to
»i I
*?*?©
c:x
M
,»?
X
.0
»?i
1
'
9©
^*'
m-^©
cy
et-
1
'^^
OCX©
M
|W
a
c>c^
mu
M «J
M Vr
tOMfi
»"i-^o
10 19
»^^
M — ;0
I
'^^OD
I0»3o
»:o
I
'
Q»
«|
©©
i
•>«
^*ia
1*^5
;/*
1^5
«>
1
k-*M^
rsiso
?
I
'
•
»?i
ab©
00
1
aiw
X
-i<»_,
fSr-ji
MP-*
I
an
toiov
Frt.
858
914
1039
11 <<
obis
I
•iXQ
OOP S
* lucludca forSeptcmuer, IS11. loo at l;««>i. loo at
izsu, JUU afe
100
at
12 45, 500 at 12-50. 100 at 12-50. 100 »•
10-50, 400 at 12 50,
12-48, 200 at 12-50. 400 at 12-58. 100 at 120J, 500 at 12-50, 100 at
1290. 100 at 1298, 400 at 1201, 100 at 12-01; 100 at 12-26. 300 at
12-35. 200 nt 12 40. 100 at 12-39. 200 at 12-40. 1 .000 at 1 •i-2.V 500 as
12-38, 100 lit 12-40. '209 at 12 .'iO. 100 at 12 55.100 at 12-43. 300 aft
12-33, .">00 at 12 4-2.400 at 12-4-2. '200 at 12-4fi. 100 at 12-94MUWa»
12-55; for October, 1881, 100 at 1185. 100 at U-92, HOO »« ,Hy>' ???
1-85, 1 .JOJ
at 11-98, 1,000 nt 11-90, 100 at 1 1-93. 4<H) at 11-95, 100 at J
1
-6ft 1 ,40*
at 11-84, 700attl-88. 400 at 1 -SO. 600 at llOO, 500 at
at 11-62. .500 at 12 76. 200at 11-70. 300 at 1»-71. 500 at 11-73, «Ott
U
SALES OF SPOT AND TRASSFr.
CLOSED.
fiw°
ca»-*
wu
5
*49u
11%
MARKET AND SALES.
SPOT MARKST
lowo
iu->i
)
M — to
&
MftS
ia»4
^p
—^
icioS
C^UtO
O©
wio
tou
fc-
^u
I
859
94)
1039
—
9Su
»^S
M-'fa
istss
I
00
FrI.
11%
*?**
g
_
icrcA
ictiO
Ot-S
lUC^O
81»,6 815,6 815
816,6
911,6 9'>I6 911,6 9"l8
1011 18 1011,6 10ii,e 1011,6
11119 U'loi ll'ie ll'ia
Ordin'y.^B) 8'3i6l 815,6 815l6 915,6
99
911,6
BtrietOrd.. 99,
9»,6
Good Ord.. 109;
U»li
109,6 10»,9 101116
Good Ordinary
Btrtot Good Ordinary
Frl.
»*u
<P''*u
-iQ
l-t
Frl.
c:7:»
I
MtiS
*•
»oia
lira
i^»«i>
ciiUO
Mr-fl
I
Ktd
13^
(H'-'to
*-'H>io
tCiO
rfb^
lo
i'zth
citu®
rv
12
123,9 123l«
12llu 1211,9 1211,
1315l6 1315,8 1316,0
Ia7i6 137,0 137,,
141,9 141,8 I14U9
Q^?'
tjo
TEXAS.
12
.
fc^qi
»^^a
1
8'5l6 815,6 8i»,« 8'»18 815i, 813,9
9II16I Oil,,
9"l6 911,9!
IOII16 131116 IOII16 lOJ'rn, 1011,9'101m9
ll'ia 11',
U'la ll'is 111 10 ll'io
11 8i
li:ii
11^1
11% 11% 11%
12
—ooa
V*
^
hrfMr;,
tot^o
totio
nion Tne* Sat. liUon.lTaeii
Sat.
c6
9>«N
•i
_
COM
NEW ORLEANS.
ti
i^
sales for
UPLANDS.
Sat, Mou Taea
?i
tt^
*?'?
forward delivery for the week are 546,700
bales, including
free on board.
For immediate delivery
the total sales foot up this week 4,159 bales, insluding 845 for
export, 3,163 for consumption, 151 for speculation and
in
transit.
bales were to arrive.
The followOf the above,
ing are the official quotations and sales for ea^h day of the
past week:
Dec. 18
!l
t^
ii
;
i
!l
PUTDREB.
Delit-
Total.
Salt*.
11-80, 100 at 1183, 103 at 11-84, 200 at 11-83. lOOa*
11-81, 100 at 11 -83: for November. 1881.300 at 11-6U 100 at l«-«e.
11-53;
also
sales In September for 9epteinhBr;63l,40«l
200 at
Oct. for Oct.. 916.500 8ept.-NoT. for November, 762,100.
1881, 100 at 12 35, 100 at 12-40;
September,
for
A Incl'Ulea
obcr. 500 .It 11-81, SOOat 11-83, 100 at 11-75.
.,„._ .«
1881.
100 at 12-44, 700 at
September.
lucliides
for
B
eml>er, 100 at 11-5.?, 100 at 11-59, 100 at 11-^7. -MO at 12-59.
ak
Includes for 8cptoniber, 1881, 100 at 12 35: for Oolober.
at n-7.5. 200 at
I
eria.
;
Bat.. Quiet at 1,9 dec.
Hon . Ouiet and steady
3S2
Wed.
421
463
259
Dull
Thurs Dull
Fri.. Dull
233
Total
815 3.163
230
91.900
80i5 129.100
463 56,300
489 58,700
700
90C
800
700
900
500
516.700
4..500
490 91.1)00
390 116.100
490
508
1,022
1,022
Tuea. Quiet
151
l.-^l
....
4.1.'i9
dally deliveries given above are aotoally delivered the
Tloua to that on which they are reported.
The
day pre-
Ths Sales and Prices of Fothrej are shown by the follow.
ing comprehensive toble. In this statemant will be found the
daily market, the prices of sales for each month each day, and
the closing bids, in addition to the daily and total sales.
1
12«:
MW
100 at 12-34.200 at ia-30, I00a»
12 30. 100 at 12-29.300 at 1227, 100 at 12-29, 'JOO at 12-27.
100
at 12-29. 400 at '2 20.
1681.
September,
for
Includes
K
Mmiday. J1J9J;
Transferable Orders-Saturday, 1 1 85
11-90; Wednesday, 11-80: Thursday, HfJ^frM^y- 1* 80.
Monday, ll-»3:
11-75:
Short Nottcaator December-Saturday,
day, 1187.
the week:
The following exchanges have boen m»de daring Jan.
tor fWfc.
18 pd. to e»ch. 200
-23 p.1. to exch. 300 April for June.
tor flah.
Jaa.
400
exoh.
to
pO.
18
•13 pd. to eioh. 100 April for May.
•17 pd. to exoh. 200 Feb. for Mar.
^D7iidndes
for September. 1881.
:
,
|
(
.
'
THE CHRONKJLK
676
Tub ViaiBLB Supply of Cottos, as made np by cable and
telegraph, is as follows. The Continental stocks are the ftpuras
afloat
of last Saturday, but the totals for Great Britain and the
for the Continent are this week's returns, and consequently
totals
the
the
brought down to Thursday evening; hence, to make
ton^ete figures for to-night (Dec. 24), we add the item of exports
from the United SUtes, including in it the exports of Friday only:
1877.
1878.
1879.
1880.
366.000
325,000 388,000
balee. 465.000
Bto«kat Liverpool
48.000
16,000
45,299
36,600
SwokatXA)ndo^
404,000
135.000
3.750
42,000
6.500
32,000
1,358
373.000
95,250
2.000
7,000
2.500
5.250
26.000
8,750
4.000
6,000
171,660
75,173
153.750
257.500
Total European stocks .... 673.260
59,000
India cotton afloat for Europe.
Amer*n cotton artoat for Eiir'pe 6Sy,00O
41,000
Bgj-pt,Brazil.*c.,ant for E'r'pe
BtocK In United States ports .. 933.688
178,365
Stock In U. 8. interior ports..
49,000
United Stf tes exports to-day .
486.472
79,719
693,220
45,804
852,910
211,865
526,750
54,000
659,000
15,000
849,828
184,426
15,000
661.500
39.000
528,000
46.000
884.228
155.033
32,000
Total Great Britain atiok
Btookat Havre
Btock at Marseilles
BtDck at Barcelona
50 1 ,600
90.000
« s^O
.
3ii,;iviO
Bto«k at Hamburg
Btoc* at Bremen
Btook at Ainaterdam
Btock at Rotterdam
Btook at Antwerp
Stock at otber oonti'ntal ports.
2,300
lf>.400
9.300
4,190
411,299
41,690
913
6,356
1,800
10,550
11,500
1,006
900
5, 170
Total continental ports.
300
Amenean—
—
Receipts from the Plantations. The following table is
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 up more largely one year
than another, at the expense of the interior stocks. We reach,
therefore, a safer conclusion through a comparative statement
21,00..
8.000
3,500
5,750
In reply to frec^uent inquiries we will add
like the following.
that these figures, of course, do not include overland receipts or
Southern consumption; they are simply a statement of the
weekly movement from the plantations of that part of the crop
which finally reaches the market through the out-ports.
HECEIPTS PROM PLANTATIONS.
Oct.
•«
"
Not
"
•'
357.000
96,000
689.000
933.6S3
178.365
49,000
for Europe....
United States stock
United States interior stocks..
United States exports to-day..
American afloat
Total American
JSaet Indian, Brazil,
Idve«)ool Btock
London stock
OSntlnentai stocks
8.52,910
211,865
300
200.000
110,000
659.000
849,828
184.426
15,000
214.000
201,000
528.000
884.22S
155.033
32,000
2,303,053 2,033,295 2,018,254 2,014.261
*Cc.-
India afloat for Europe
Bgypt, Brazil, Ac, alloat
Total East India,
250,000
25,000
693.220
Ac
108.000
36,600
75,660
59,000
41,000
116,000
45.299
50.173
79,719
45,804
125,000
48,000
43.750
54,000
15,000
174,000
16,000
56.500
39,000
40,000
320,260
336,995
285.750
331.500
2,303.053 2,033,295 2,018,254 2,014,261
American
Deo
"
••
"
22
29
5
12
19
26
S
10
17
24
1878.
1879.
1880.
148,158 169.108 199,094
180,233 181,714 210,367
8
15
"
Stock at Interior Ports Rec^pte from PlanVna,
Receipts at the Ports.
TTMfc
ending—
••
liverpool stock
Continental stocks
[Vol •XXXI.
The above totals show that the old interior stocks have increased during the week 7,184 bales, and are to-night 33,.500
bales lens than at the same period last year. The receipts at
the same towns have been 3,9P0 bales more than the same week
last year
2,623.313 2,370.290 2.304,004 2. 345.761
Total visible supply
Of tbe aoove. tlie totals of Amtft-icau and otber descriptions are as follows,
Jtotal
—
3
.
.
1878.
1879.
5«.t'23
68,913 103.088
81,227 121.895
95,993 152.7i'5
79„W7
1880.
1878.
182.236 214,461 236.341 97,8S'
157.280 245.613 254.a<lD 115.rt»4 115,.35 179.676
182,874 225.0S7 251.788 149,498 133,905 204,759
227.135
178,004 220.216 215.842 171,583 187,1
181,378 218,408 256.818 188.491 218,998 242,326
184,625 249.153 205,192 205,912 264,183 247.911
....
....
I
1879.
1880.
,089 273,4
223,4«S
229,178
267.211
281.741
276,851
238,218
,284 250.5
271 .809
,048 294.f
210,777
188,
194,'
229,
265,
338i243,S
220,748 216,16' 218,341 236.280 287,109 248,885
U6|239.09SJ21P.«86
220.291 234.87i! 213,137 259.129 317.488 2»i3,27. j213, 140j285.235;269,548
4,9421267,438
204,882 218.907 238,490 280.957 343,503 294,224 226, 710,244,1
).024'253.771
190,931 207.801 237.980 294.281 .384.926 310,016213, 305 229.C
The above statement shows
1. That the total receipts from the plantations
since Sept. 1 in
1880 were 3,546,736 bales; in 1879 were 3,370,174 bales; in 1878
were 2,864,765 bales.
2. That the receipts at the out-ports the past week were
237,980 bales, and the actual movement from plantations 253,771
bales, the balance being added to stocks at the interior ports.
Last year the receipts from the plantations for the same v»feek
were 229.024 bales and for 1878 they were 213,305 bales.
Weather Reports by Telegraph. —In
general the weather has
week much less rain and
In the preceding visible supply table we have heretofore only higher temperature than during some of the previous weeks
included the interior stocks at the seven original interior towns. being reported. Still, there has been rain at many points, and
As we did not have the record of the new interior towns for the picking has not been everywhere rasumed.
four years, we could not make a comparison in any other way.
Galveston, Texas. It has rained hard on four days the past
That difficulty no longer exists, and we therefore make the fol- week, the rainfall reaching one inch and twelve hundredths.
includes
stocks
the
at the nineteen The thermometer has ranged from 37 to 71, averaging 50. Roads
lowing comparison, which
Total visible supply
Price Mid. Upl., Liverpool
2,623,313 2,370,290 2,301.004 2,345.761
6%^!.
6Ui8d.
ei^igd.
5>4d.
....
shown continued improvement
this
—
—
towns given weekly in our table of interior stocks instead of only
the old seven towns. We shall continue this double statement for
a time, but finally shaU simply substitute the nineteen tovras for
the preceding table.
the seven towns
1880.
1879.
1878.
1877.
Amertcan—
m
bales
Liverpool stock
Continental stocks
Ajnericanafloat to Europe....
United States stock
United
St.ites interior stocks..
Btilted States exports to-day..
Total American
East Indian, hraztl,
Liverpool stook
<te.
—
Londonstock
Cbntinental stocks
India afloat for Europe
Egypt, Brazil, <&c., afloat
Total East India, &0
Total American
357.000
96,000
689,000
933.688
310.015
49.000
250,000
25,000
693,220
852.910
364,926
300
200,000
110,000
659,000
849,828
291.281
15,000
214.000
201,000
52t<,000
881,228
261.876
32,000
2,434,703 2,186,356 2,128,109 2,121,104
108,000
36,600
75,660
59,000
41,000
116,000
45,299
50,173
79,719
45,8C4
125.000
48.000
43,750
54,000
15,000
174,000
16,000
56,500
39,000
46,000
320,260
336,995
285,750
331,500
2,434,703 2,186,336 2,128,109 2,121,101
Total visible supply
2,754,963 2,523,351 2,413,859 2,452,604
These figures indicate an increase in the cotton in sight tonight of 231,612 bales as compared with the same date of 1879, an
increase of 341,104 bales as compared with the corresponding date
of 1878, and an increase of 302,359 bales as compared vrith 1877
At the Interior Ports the movement is set out in detail in
the following statement
JTeefc
ending Dec. 24,
'80.
Week ending De». 26,
'79.
Receipts.
Shipm'U
Stock.
lUeon, Oa
Montgomery, Ala
Belnia, Aia
Memphis, Tenu..
BMhvllle.Temi..
8,943
5,103
2.718
3.657
5,593
21,205
3,267
6,232
5,276
1,098
5,384
5,767
16.355
3,190
23,559
23,224
9,665
12,005
9,548
86.145
14,219
7,758
4,320
2,529
5,993
4,641
18,078
3,177
6,892
15,953
2.818
20.2B7
1,516
7.512
3.263
19.284
4.388 17,126
15,846 116,858
1,094 11,845
Total, old ports.
50,486
43,302 178,365
46,496
34,817 211,863
Aiwnsta, Oa
Ooraiubu8,Oa
DallBS,
Texas
Jt&etuon, Toz...
BbreveDort. La. .
yntHsBbarg, Miss.
OMambus, Miss..
BDfaula, Ala. ...
CMfBn.Oa
Atlanta, Ga
Bome, Ga
Charlotte, N. C.
M. Louis,
Mo....
Cincinnati,
O
Total, new p'rte
Total, all
'
1.471
2.206
4.675
6.792
1.776
4.079
1,541
4,888
4.412
1,300
14,985
1,460
Receipts.
Shipm'U
Stock.
519
758
22,110
3.845
2.269
3,426
6,600
1.340
10,876
22,162
5,608
4,731
10.506
8,211
7,112
3,794
1,872
19,118
14.969
1,000
38.787
15,942
20,549
16,765
16,181
15,463
70,325
61,713 131,650
65.720
55,978 153,061
120 811 105,025 310.015
112.216
90,793 364,926
nUs year's fl^cure*
979
2,250
5.765
743
estimated.
989
650
3,021
700
3,922
7,894
1.692
3,754
1,747
3,795
3,304
2,614
8,204
1,019
2.752
1.164
2,683
3,499
15,721
1,079
450
7,67ii
5,488
4.140
3,768
13,349
9,807
1,5 1
71.643
16,483
again bad. Much cotton everywhere remains unpicked, with
very little prospect of ever being picked.
Indianola, Texas. We have nad rain on five days, a constant drizzle, the rainfall rea<;hing sixty hundredths of an inch.
Average thermometer 51, highest 70 and lowest 35. Roads in
Picking suspended and most probably
wretched condition.
ended, though fields are still white.
Corsicana, Texas. Rain has fallen during the week on three
days, to a depth of seventy hundredths of an inch. Average
thermometer 45, highest 71 and lowest 31. Grood picking early
part of week, but suspended now.
Dallas, Texas. The earlier part of the past week the weather
was clear and pleasant, but during the latter portion we have
had showers on three days, the rainfall reaching sixty-five hundredths of an inch. The thermometer has ranged from 31 to 71,
averaging 45. Picking has been interfered with by the rain, and
the probability is that the remnant of the crop stUl in the fields
cannot be saved. Roads bad and farmers discouraged.
Brenham, Texas. The weather during the earfier portion of
the week under review was clear and pleasant, but the last three
days have been showery, the rainfall reaching seventy -five hundreths of an inch. Average thermometer 50, highest 71 and
lowest 34. Picking interrupted and roads bad.
Waco, Texas.— There have been showers on three days of the
past week, the rainfall aggregating fifty hundredths of an inch.
The thermometer has averaged 45, the highest point touched
having been 69 and the lowest 31. Picking almost nopele-ssly interrupted and joads bad.
New Orleans, Louisiana. Rain has fallen on four days the
past week, to a depth of two inches and seventy-six hundredths.
The thermometer has averaged 50.
Shreveport, Louisiana. Weather during the week cloudy
and rainy, the rainfall reaching two inches and eleven hun-
—
—
—
—
—
—
dredths. Average thermometer 51, hig-hest 74 and lowest 28.
Roads have been in fair condition, but will probably, as a result
of present rain, be in a very bad condition.
Vicksburg, Mississippi.— WeatheT report not received.
Columbus, Mississippi. Rain has fallen on two days the
past week, to a depth of foity-nine hundredths of an inch. Average thermometer 51, highest 70 and lowest 32.
Little Mock, Arkansas. Friday last was clear, but the remainder of the week has been cloudy and cold, with rain on
Saturday and snow on Sunday and Wednesday. The thermometer has ranged from 20 to 67, averaging 33. The rainfall has
reached seventy -two hundredths of an inch, and it is raining
hard at present (Friday, P. M.)
Nash-cille, Tennessee. It has rained during the past week on
four days, the rainfall reaching twenty-three hundredths of an
inch. The thermometer has averaged 39, the highest being 56
and the lowest 28. The rainfall has been light, but fields are in
such a condition as to prevent picking.
—
—
—
.
,
Dbosmbrb
THE (JHRONICLE.
98, 1880.]
—
Memphis, Tennessee. Telegram not, received.
Mobile, Alabama. — It rained (wverely one 'day and wan
showery one day the earlier part of the past week, but the latter
portion has been clear and pleasant. The thermometer haH
averaired 46, with an extreme range of from 32 to 69, and the
rainfall has reached fifty-two hundredths of an inch.
Montgomery, Alabama.— On the flntt three day* of the past
week wd had a rainfall of sixty-two hundredths of an inch, but
the latter portion has been clear and jjleasant. The thermometer
has averaged 46, the extreme range having been 30 to 74.
Selma, Alabama.— We had rain on two days the earlier part
of the past week, but the latter portion has been clear and pleasant.
We have had killing frosts on several nights. Roads in
Tery bad condition.
Madison, Florida. Telegram not received.
Macon, Georgia. Telegram n<3t received.
Columbus, Georgia.— We have had rain on two days the past
week, the rainfall reaching one inch. The therraomttter has
ayeraged 41.
Savannah, Georgia. It has rained on three days, the rainfall reachimf one inch and seventy-two hundredths, but the
weather the balance of the week has been pleasant. The thermometer has averaged 50, the highest being 71 and the lowest
—
—
—
31.
Augusta, Georgia.—We had light rains the first five days of
the past week, the latter portion having been clear and pleasant.
Planters are sending cotton to market freely. Average thermometer for the week 46, high&st 70 and lowest 31, and rainfall
one inch and twenty-two hundredths.
Charleston, South Carolina.— ^in has fallen on two days
of the past week to a depth of one inch and ten hundredths.
The thermometer has ranged from 33 t<5 63, averaging 48.
The following statement we have also received by telegraph,
showing the height of the rivers at the points named at 8 o'clock
December
Kew
23, 1S80,
and December
21),
1879.
Dee. 23. '80.
Feet. /n«A.
Orleans
Memphis
KashTille
Bhreveport
TloksbOTK
Below high-water mark
Above low-water mark.
Above low-water mark.
Above low-water mark
AbOTe low-water mark.
.
6
12
9
14
29
Dee. 25. '79.
Feel. Inch.
8
21
22
I
30
New
Orleans reported below high-water mark of 1871 until
1874, when the zero of gauge was changed to high-water
of April 1.5 and 16, 1874, which is 6-10th8 of a foot above
1871, or 16 feet above low-water mark at that point.
Sept.
9,
mark
&
—
nere,
877
who have
op«rat«<l morn apariagljr ^"•i^g tha
PMtdkj
some time pmvioa*]/.
The principal fluctoation* io tb« prieM of mtddUac
TflliW
on the spot and for forward delirery »r» ibown iott*
follow,
or two than for
lag table
:
$pel.
Wot. 10...
26...
20...
Dec.
2...
6...
8...
01„
oil,,!
JTm. JTm.
^«
enr
oouBn or thi MAScKitrrtB maur kot
,«"**,?**5* "* ""^ 'J"'"* ** *•>• *»*•
.
9 to oio. S.
UK
0* oar
fwdt
(Nor. 10), and prices were %A. to '^d. p«rlb. MMi-r than
a fniu
night or so previously. During the inbiMqaMit ten day* than
was a gradual improremont in the demaDd. In sympAthr with
the renewed aetiritr io the rmw m*Uirial, and the fall joat
quoted was reeorered. There was then anolbar paaiio. In the
course of which pricei gave way a little, bat latterly ibare
haa
been renewed steadineae, and the final rateii ar« qulta op to the
best prices paid in October. Fully ao ATerafa hniioei
haa
been done during the month, and at the eloaa prodoaen ai«
largely under contract, while stocks are anaanalty light.
A
fair business has been done for India, the miacellaofuas foi«ira
markets and for home consumption, bat the demand for Chin*
and Japan has been comparatireir light i for theee latter mar>
kets, however, there has been a little more inqairr dnring
tha
past few days.
The exports of cotton piece goods for the flrtt eleven montha
of the year show an excess of 734,000.000 rards apoa thoaa of
last year. These, at five yards to the poand, are eqoal to aboat
145,000,000 lbs. of yarn. In the yam exported there ia a
decrease of 19,000,000 lbs., so that the net increase ia the weight
of cotton products exported is 136,000,000 Iba., eqoal to 141 .
000,000 lbs. of cotton, or 350,000 bales of 400 Itei. each, or
nearly 7,500 bales per week for 47 weeks.
MOYBMBSTB DDBIirO THB SRAflOS—OCT. 1 TO BOT. 30.
The deliveries to English and Continental spinoeis daring
the first two months oi the season compare as follows with tha
figures for the corresponding period of last seasoi) :
Orral Britatn.
ComHiuntml.
Circular tor December. We hare this
1880.
1879.
1880.
1879.
week received Mr. Ellison's circular dated December 9, and
Ho. of bales
526,370
462,200
give it in full below
347.160
937 J60
Av.wght (lbs)
445
444
422
499
CODRSE OF THE LIVERPOOL MARKET KOV. 10 TO DBO. 8.
Tot.wght(lb8)
234.231,650 205,216,800 146,J101.S20 188,490,990
of 400
Onr last report was dated November 10. The market had Bales
lbs
545.000
513,000
366.000
846.000
been very weak during the previous ten days, and though
there was a fair business doing in spot cotton, holders in view
Last year's figures comprise the deliveries for eight and a
of liberal American receipts, large crop estimates, and low half weeks, against eight weeks this year. The preaent rata of
offerings of near deliveries met the demand so freely that consumption in Great Britain is abjot 66,000 bales of 400 Iba.
prices gave way 5-16d. on the spot and l-16d. to 3-32d. for per week, against about 62.000 bales in November last rear.
futures. The disappearance of the large margin between spot The rate of consumption on the Continent is aboat 53,000 biUea,
cotton and futures (which for a long time had more or less against 51,000 last year.
hindered business) restored prices to a normal and healthy
On the basis of the foregoing estimates, the movements for
relationship, and gave renewed confidence to buyers. Instead the eight weeks of this season and the eight and a half weeks
of distant cotton being at a discount.«it was now at a small of last season compare as follows, in Dales of the nniform
premium, while the intermediate positions were very little weight of 400 lbs:
below the spot quotation. This circumstance led to an improved demand and a gradual hardening in prices between the
OrttU BrUiiln.
OontOttml.
10th and 19th of the month; spot did not gain very much, but
1860.
1870.
1880.
futures advanced fully ^d. per lb. Between the 19th and
1879.
Salt*.
Bales.
BaU*.
Balm.
26th a much more important movement was witnessed, owing
to the receipt of a succession of very unfavorable crop 'accounts Surplus stock Oct. 1
27,000
27,000
137,000
•4.000
*nd to an extraordinary rise in prices at New York and the Deliveries to Nov. 30 585,000
513,000
S66.0U0
346.000
South. Killing frosts and destructive rains were reported from
Supply
50.1.000
612,000
540.000
440.000
the principal districts in the cotton-growing regions, and crop
502.000
420.000
526,000
420.000
estimates, which at the beginning of the month had favored
88.000
83.000
38.000
HJIOO
6,000,000 bales, were cut down to 5,750,000, and even to Surplus st'k Nov. 30
5,500,000 bales. At New York the sales of futures during the
the estimated consnmption in Or«at Britain last year wa
To
week ended Wednesday, the 25th, reached 1,464.000 bales, and have
added 15,000 bales allowed In onr Janoary Annoal for
prices advanced %c. to 1/^c. per lb
and on Friday (Thursday
previously empty.
was a holiday) 404,000 bales were sold, part at an advance of %c. cotton used in filling up machinery
PBOePBCTB.
per lb., but a reaction of ^c. ensued before the close of the day.
This news led to considerable activity here, accompanied at times
So far as demand is concerned, the aooounts from all qoarten
with some excitement, and ending in an advance of %d. per point to a continued large consumption. English spinners and
lb. on the spot and %d. to ^d. per lb. in futures, between the manufacturers hold no stocks of moment of either yams or
19th ani 29th, making a total rise since the 10th of 17-32d. for goods, while they are for the most part largely acder eoatnet
near and %d. for distant cotton, November selling at 6%d. and for forward delivery. The advices from the Continent are also
May-June at 7 3-32d. in the afternoon of Friday, the 29th of a hopeful tenor ; decidedly more so than they were a short
November. The reaction at New York already quoted caused time back.
• decline of l-16d. late in the day, and thence to the 2d inst.,
With respect to supply, the interest of the pablie ia still
with slight fluctuations, prices receded %d. on the spot and centred in the probable out-turn of the American crop, respeetJ^d. to 3-16d. in futures. The advance had cooled the ardor of ing which there is quite a hot controversy going on. The favorbuyers, while the disposition to purchase was further dimin- ite estimates range between 5,700.000 and 6,000,000 bales, bnt
ished by the irregular condition and eventually declining ten- there are some authorities who look for over 6.000.000, and othera
dency of the New York market. Additional weakness was also who expect less than 5,700,000 bales. At the moment there ia
produced by the eagerness with which holders of spot cotton no room for dogmatism on the point, and until towards the
?ress8d their stocks on the market. There was a recovery of close of the present month all estimates must be more or less
16d. in the afternoon of the 2d and thence to the 5th (Mon- guess work. From India it is expected that the supply will be
day); with steadier New York advices there was a total advance about the same as that received last season. From Egypt there
of %i. in futures and 1-I6d. on the spot. Since then the tone will be a considerable decrease. Last season the exports readied
has gone wetk. owing to renewed large receipts and declining about 460.000 bales of about 630 lbs.; this season it is thoocht
? rices at the American ports, and to a fall of about 20 points in that they will fall from 80,000 to 100,000 bales (eqoal to froaa
atnres at New York. Prices have, therefore, gone back to 110,000 to 140,000 bales of American weight) short «rf that totaL
where they stood on the 2d instant. The weakness has been The Brazils it is expected will send something (perhaps B0,000
the more perceptible owing to the reduced demand from spin- bales of 180 lbs.) more than last seasor..
Ellison
Co.'s
:
—
—
;
THE CHRONKJLE.
678
Taking a broad view of the situation, we see no reason, as
TBspects the matter of the probable future course of prices, to
Ada anything to the remarks contained in the concluding paragraph of our Annual Report issued in October. We did not
sympathise with the large-crop and low-price opinions entertained in many quarters two months ago (when December
deliveries were selling at 6 9-32d., and many pei-sons talked of
5?id. to 6d. as likely to be witnessed in that month), nor do we
now ; and what has since transpired has justified the views
then expressed. But after the advance which has taken place
-we wish to get at a nearer approximation of the size of the
American crop than is at present possible before saying anything further about the probable future coui-se of the market.
Meanwhile, we may observe that too much importance is being
attached to the crop question and too little to that of the state
of trade. People seem to forget that in the regulation of price
demand has quite as much influence as supply, and that sentiment is often, for a time, a more powerful factor than either.
The history of the past ought to teach some of our cotton
prophets a little modesty, bat to some of them, at all events,
experience appears to be of no value.
'
P. S.— Dec. 10. Yesterday there was a fall of from 23 to 25
points at New York. This morning, therefore, our market
opened flat, and prices lost l-32d. to l-16d. for futures and
U6d. for spots; but the tone at the close is steadier.
Augusta Cotton Excn.\NaE Repokt.— Below we give the
Augusta Cotton Exchange report for December:
This report covers part of the Utale of Georgia, The
xae report is prcpared aud issued by the Augusta Cjttou texchauKe, through their'Com
;heir Committee on Information aii3 Statistics, composS of L
Chairman, S. M. Wlutuey, Geo. W. Crane aud F. W. Beld.
Zulavsliy,
4. Will the yield in j-our section be greater or less than
last year ?
State increase or decrease.
5. What damage, if any, has been done by frost in your section
1
i, ?* proportion of ihe crop lias been marketed from your section ?
V. State fully any and all material facts relalive
to the yield, not
«overed by the foregoing (luestions.
„
'"
from 15 counties; average date Nov.
sencrar.y reported as very unfavorable, especially
ot November, during which lime
l -ucuuiii,
cold, windy
wmuy
ii,?,;JJ'fi.I';!I'*l'f
during
the last twenty days
As
much less favorable. Many of our correspondents
'"''"'"""*""^^
as ihe worst picl<inR month in tUeir experience
''™'' "^^^ ""> ?'"" 'Average points ti> ^e as piclfpd.
\ir?th
rtr^l^^lthr""/'"'
^ith dry^veatlier from now on, picking will be finished this momu.
mouth
Some small sections may do a little in January.
correspondents report a dccfe.asc of from 17 to 33 per cent
:
six
..t;. i»
*" "<"'««60 of from 12 to 30 per cent, and
™,e?.rt1.if.V;,?'"ir?f''''''*^™
"^erage points to an increase of 15 per cent.
? The
Tim damage
<LT.^L by
7^ffrost does not exceed
5.
5 per cent.
'''"'"''
"^^^ average points to
'" ''""'" *^^ *° '*° i'"' ""''^
75
cen'k'"''^
2.
rule,
a,
1880.
"
"
2
"
4...
26,647
29,216
48,897
30,340
"
"
5....
8.
6...
63,166
36,174
29,263
25,055
59,133
41,993
3....
"
"
8....
"
9....
7....
"10....
"11....
" 12....
"13....
it
While the dam.-ige by
" 15....
42,522
30,650
33,332
" 16....
40.45-2
" 17....
" 18....
" 19....
49,541
39,619
" 20....
"21....
" 22....
" 23...
43,275
37,419
25,775
32,077
" 24....
.'>9,7&5
|and8fortheirAutumn
cereals.
ri.
1880
1879
1878
1877
UndcTnormallvfavorableeycumsScef
'"«"' 25 per cent inole than lalt year
Netrly
'^V'"
picked
from now on will be of inferior
Krade .and color. Some planters, having but a smaU quality both as to
i.erSa.°e of Rent
""""" *" pick, have alrei«ly allowed their ciJuftoroSm
to the
'^"•"',''
Ziai
J w^iu^i^''^
market
^.'^«"^»'
7.000
2,000
4.000
:J6,219
25,56;-
28,111
22,784
30,824
21,059
8.
8.
58,561
23,693
30,838
30,014
46,024
26,923
45,251
30,412
32,588
30,473
42,450
31,874
8.
31,662
32,325
24,767
33,072
20,931
8.
47,909
35,816
25,895
39,011
31,300
32,893
8.
22,342
20,301
20,850
35,581
4.4,873
8.
30,511
29,087
26,812
22,943
25,918
20.385
8.
42,863
29,247
29.426
33,977
35,012
23,479
8.
52,46S
33,308
35,179
25,930
31,071
27,899
46,158
28,891
28,415
8.
50.328
34,519
38,340
30,037
45,471
31,722
55.204
27,382
8.
43,343
31.246
23,675
22,581
25,931
28,042
51,604
8.
8.
55-91
5S-7S
50-50
Shipments since Jan.
Great
Britain
Total.
Gre'xt
Continent.
Britain.
1880.
1879.
1878.
1877.
this week.
Continent.
1,000
8.
49,513
30,833
35,693
20,682
31,593
28,519
S.
8.
48,381
32,156
26,384
33,973
28,014
00-13
5 '-36
1
ICeeelpts.
Til is
Total.
Sinc^
Jan.
1.
909.000 18,000 1.186,000
64 1 .000 3.000
863.060
727.000 6,000 024.000
830.000 O.OOo 1,096,000
i'.odo
The above
Snipments siner- January
Total.
4,000
Great
Britain.
Continent.
223.000
87.000
111,000
72,000
51.000
5.»0U
21)9.000
i'.obo
144.000
80.000
1.
Total.
310,000
320,000
216,000
131.000
week show that the movement from
is 5,000 bales less than for the
For the whole of India, therefore, the total
shipments this week ard since January 1, 1880, and for the corre.sponding weeks and periods of the two previous years, are as
totals for this
the ports other than
same week
'^^'''^"* y^^'^,'^'' »°*
'^'^d ""^ the same dl^ySt
le
consequently added to our other
stand ng
and monthly statement, that the reader
maf
eonsUntly have before him tie data for seeing
the exact relaut^
"^'"«^- 'I'l^e movement each inoum
monh
^f ^}l
since September
1 has been as follows.
la.st
V"
have
Bombay
year.
EXPORTS TO EnROPE PROM ALL
INDIA.
daily
S.T"f
Tear Beginning September
1800.
458,478
968,31>-
Bovemb'r 1,006,501
1879.
333,643
888,492
942,272
Europe
from—
omb.ay
n other p'rts
288,848
6S9,36J
779,233
1877.
98,491
578,533
822,493
This
week.
Since
Jan. 1.
15,000
1879.
This
week.
Since
Jan. 1.
1878.
This
week.
Since
Jan. 1.
909,000
310,000
2.000
5.000
64 "..000
320,000
3,000
727,000
216,000
15.000; 1.219.000
,000
931,000,
3.000
943,000
I
1.
Total
1878.
1880.
Shipments
to all
^T'
Monl/Uy
Xmeipts.
.58,29:
8.
Shipments
Year.
hear of any business doing. There have been
a few inquiries
but tJiey have not resulted in any sales. Prices
are unchanged
but are easy, owing to the dull trade; and
though most hosiers
Bept'mb'i
October.
40,703
27,179
20,766
8,000 15.000 375.000 534.000
2,000
_.
- 262.000 379.000
3.000 3,000:323.000 404.000
5.000! D.O00!380.0OOi44l,000
o^
Swe«\
tables a
21,337
this week.
nent
&c.-Bagging shows no improvement,
entirely nominal, with prices rather tending
in buyers'
*ra3"?ac-tions only are reported, and these
are makf^rjf
^ng at 9^0. }
for IM lbs., lOQlO-^^c. for 2 lbs. and
Mandard grades. Butts have been very quiet, ll@ll^c for
and^wedonot
is
^ontr^'w'
We
187.^.
According to the foregoing Bombay appears to show an
increase compared with last year in the week's receipts of 15,00()
bales, and an increase in shipments of 13,000 bales, while'
the
shipments since January 1 show an increase of 208,000 bales
The movement at Calcntta, Madras, Tuticorin, Carwar, &e., for
the same week and ysars has been as follows,
OALCUTTA. MADRAS. TUTICOEIST, CABWAE. BA.-JOOOS ASD KURRACHKE.
i
*.V
n^^'i^i"
all ftJ.e
cotton
s
8.
39,97J
40,894
23,53i
30,93^
Conti-
Brit'n.
Se
to prep"
1876.
3,257,001 2,940,310 2,486,640 2,194,607 2,428,505 2,152,489
Shipments
fro.'it
many planters will now pa? atlenS
1877.
52,479
30,880
28,110
25,675
49,608
36,016
8.
S.
rear Great
was very sm.all, that caused by excessive
P"'^'i'e"t ••»" frou^h the
has beeStSy at
™aer more.
n.';?'."' T?"''
much
A lair percentage of the bolls ofmonth
the top crop rotted or
shriveled up on the stalks, aud^much of it will
never open. A good deal
wa« blown out and beaten out by the storms. The greSst ta1>airment
-to the crop may be yet owing to tlie fact
th.at almSst the
Zuth
was ost for picking purposes. The approaching
Christmas season wil
jUso intertere; besides
1878.
43,236
34,502
37,914
33,181
50,014
37,733
8.
14....
r^
7.
1879.
Xot.Nv-,80 2,433,297 2,104,407 1,757,34a
1,499,517 1,813,520 1,519,509
L\DiA Cotton Movement fro.m all Ports.— The flgures which
are now collected for us, and forwarded by cable each Friday
of
the shipments from Calcutta, Madras, Tuticorin, Cai-war,
&e
enable us, in connection with our previously-received report fronj,
Bombay, to furnish our readers with a full and complete India
movement for each week. We first give the Bombay statement
tor the week and year, bringing the figures down to Dec.
23.
BOMBAY RECEIPTS AND SHIPMENrS FOR POUR TEARS.
28:
lam storms were almost universal.
describe
years.
This statement shows that the receipts since Sept 1 up
to
to-night are now 317,348 bales more than they were to
the same
day of the month in 1879 and 771,024 bales more than they were
to the same day of the month in 1878.
We add to the table
the percentages of total port receipts which had been received
to.
December 24 in each of the years named.
be
replies
^
Peroentag a of total
p'rt reo'nts Dee. 24
1. What has been the ch.ir.ictcr of the weather since November 1 ?
2. H.ifl the woalhei- l>een more favoraljle or less favorable than same
xime last year for ftathoring the crop 1
3. What proportion of the crop has been picked, and when will it all
Georgia.—30
and 675 950
1878. By adding to the
^^ "'** ^*''y '''««'?'« -«nce that time, we
^°\1,
«^n be
shall
able to reach an exact comparison of the
movement for
the diiferent
°'^'
Total
(Questions.
XXXL
ports thLS year were 208,890 bales more than
in 1879
bales more than at the same time in
"
Augusta Department.
[Vol.
1876.
236,868
675,260
901,392
1875.
This last statement affords a very interesting comparison of the
total movement for the week ending Dec. 23."and for the three
years up to date, at all India ports.
169,077
610,316
740,116
Total ye«r 2,433,297 2,104,407
1,757,347 1,499,517 1,813,520
1,519.509
PePo'tage ottot. port
receipts Nov. 30...
43-27
39-51
34-50
41-91
36-25
This Statement shows that up to
Nov. 30 the receipts at the
'
Alexandri.v Receipts and Shipments.— Through arrangements
we have made with Messrs. Davies, Benachi & Co., of Liverpool
and Alexandria, we now receive a weekly cable of the movementsof cotton at Alexandria, Egypt. The following are the receipt*
and shipments for the past week and for the coi responding week
of the previous two years.
Decembkk
THE CHRONICr.E
25, 1880.J
679
Alexandria, Eaupt,
Dfe.
1880.
23
Becetpte (oantars')—
This week...
Since Sept.
.
1S79.
120,000
1,505,500
1978.
130,000
78,000
1,000,000
2,2 90,000
TMt
Since
aeek. Sept. 1.
TAl»
Since
week. Sept. 1.
Since
week. Sept. 1.
Exports (bales)—
TO
Liverpool....
ToContluent
U.OOO 100,000
3,351
...
Total Eiiropa.
A. oautur In 98 lbs.
8,000
11,000
35,:il3
17,351 141,313
4,606
70,850
5,000
70,500
20,500
19,000 234,4.'i6
.S.OOO
100,000
I.;
This statemsnt shows that the receipts for the week pndinir
Dec. 23 were 120,000 canUrs and the shipments to all
Euroiw
were 17,351
^
bales.
M\»CTtB3TER MvRKET.— Oar report received from Manchester
to-night states that prices are unchantred for both twist
and
shirtings, and tlie market is now quiet but firm.
We ^ive the
prices of to-day below, and leave previous weeks'
prices for
comparison:
32« Cop.
d
93831018
d.
"
d.
Ooten
Hid.
Uplds
B.
d
32* Oop.
d.
d.
6%
6^
Cott'n
8>4 lbs.
Shirtlnys.
Itelat.
d.
38 O
9
9
9
9
" 26
Dec. 3
" 10
" 17
" 21
d.
9% ®93t
8.
Mid.
Uplds
d.
d.
4>3a7 7I4
4ia»7 7'9i (i'a
4ia»7 713 738
« a7 9
6\
4ia»7 7I2 fi'8
6 a7 9
^\
,
•
•
mh
«—
.
•
'.'.'.'.'.
Exported to-
Uverpool
Other British porta
Same
Dec.
Dec.
Dee.
Dec.
1.
8.
15.
22.
13,343
,289
815
Total
since
Total French
Hamburg
period
6,655
6,310
101
805
2,.596
1,494
1,725
1,223
1,153
500
746
50
3,231
1,296
7.50
905
530
Total TO North. Edbope
19,514
15,900
18,01
14,042
4,092
16,131
10,016
2,017
i)6,151
28,497
3,219
460
953
1,413
.
Grand Total
17,.599 10.009
9.318
3.200
New
neceipts
from—
This
York.
I
Boston.
Since
weelc. [Sept.
1.
York..
& S'
SavanuaU
This
week.
I
Since
Se2>t.
1.
Philadf.li,lnii\
llaUimnre.
This
Since
This
Since
week. Scpt.l. week. Sept. 1.
.
\'^V'"'s^-
.
6,526
2,561
n
1
238
......
Q,,
12,211
1.617
27,219
288
4,084
11,150
1 2.103
59,312
"416
12,215
1.921
i
15,140
m>
.
1,333 17,381
Lastyoar. 22.0S9 3.-j9,85o'23.94i'i97,340
3.582 38.770
R>9.-)3
6.130
123,089
87.521
exports of
cotton from the Uuitoo
'"**' "'*'*'^' "^ ^""" ''*'^*' '"'"^ returns, have reached
fiM'^nz-'u"!
101,500
bales.
So far as the Southern ports are concernod. these
are the sime expons reported by telegraph, and
published ii'
the Ciiiio.viCLB last Friday.
With regard Ho New York, we
molude the manifests of all vessels cleared up to Wednesday
night of this week.
Total bales.
1,159
City of
Kichmond, ,)58.... Arizona, 100....Bichi, 578... .Helvetia,
l,.)OO....perbarksXronKate, 346....€rapo, 665
To Havre, peretoamors Callera, 448.... Labrador, 1,348
Voiincr,
4,966
ToIJremuii, per steamer liloscl, 530....'.
To llainliuig, per steamer Saevla, 448. ...per shlp'a.'w.
500
800
To Antwerp, per steamer
......
.A.OOK
QAVt
2,190
107
Total.
96 14128.038 10,548 .'5,295 4,7.50 9,376 4.730 164 506
Includod in the above totals aro,tfrom New York, 2
bales to PoliitSL
••''93'''»1'^« to Vera Cr'nz; tvZ CharlitoS.
rK^)'bairf'^r\,*^'l'"""'' '.'•"'» Texa.^ 970
bales to Coak for orders!
i;.';??iit."',i.'!:.ft?".'""*.'":»L
and
from Wilniiugtou 1,523 to Channel!
Cotton frwigiHH tliH pas' wi-.k htve been as foUov
Liverpool,
ifon.
Tues.
Wcd)ies.
Thurs.
Pri.
steam d. 3x6® "4
3,8®^
3jga.>4
3,6® "4
3l6®»4
5l«®'4
'le®^
3,0® 4
'la®"*
sail.-.rf.
5,6® U
heSiKi
58®lll8
58*11,6
"sol's
•flass
'as's
ia®58
>2®58
.e.
»8
58
58
5s
58
>«®58
•aasg
^23=8
l2»58
5s
c.
^^H
'23 5g
rf.
=8
=8
5S
58
58
Havre, 8tcam....r.
Do
sail
e.
Do
sail
Hamburg, steam
3ig®^
58a"i6 58®ii,e 58®Hlb 58»"l«
l3®°8
°8
Do
8ail...d.
Amsf d'm, steam.c.
Do
saU...(f.
^Sh
Hs'-v
^assg
11,933,
11,50)^
"16®%
»S358
a® =8
11,8® ''t 11,83%
Baltic, steam.... d.
7,g®i2
7,6® Is
7,6®%!
7]
Do
sail
8® "a
7,83 la
'2 3><%
1>18®%
7,8® •«
c
Sales of the woek
Sales American
bales.
Of whicb export<:r8took'!"!
Of which speculators took..
Actual export
Forwarded
Total .stDck— Estimated.."!!!!
This year. 42,25 l|554,712 13,034Jl4li6a9
Wvetpool, per steamers
......
107
Dec. 3.
3,070
S.Car'lina 2,200: 77,638
IS Car'lina
1,231 23,417
Vir^hila. 10,793 130.7961 2,763 28.489
North, pts
4,6001 5,408 58.6.W4
Ttiun.. Jio. 8,010 18,355 3,8331 43,371
Foreign
211
1,3S5
New York—To
......
^''Vi?
Francisco
Toiat.
8,860
4.000 1,736 59,839
5,376 3,090 32.120
19,613
13,591
1.525
18.533
5,762
1 8..V2'3
956
Nkws.—The
San-
"""^- °"^-
.
.
SHiPPiNd
"'^'-
LIVEKPOOL.— By cable from Liverpool, we hav) tiie foUowin""
statement of the week's sales, atoeks, &c., at that port:
N. Orrans 5,2'i3| 59,3761 ...
Texas
2,700. 49,S10| ...
Savannah 10,8S5:136,199| 1,627 11,203
Florid.i
and
Sebas-
32,670 16,483 3,255
2,502
3,100 4,750
0.200 6,457 5,811 2,145 .!
12,621
Bo.tton
Philiulelp'a
S.
Barcelona
ler-
dam dk
Charleston. 11,771
Bremen, steam,
8.860 207,953 232.304
1880.
1,
New
Do
3,200
TilE FoLt.owt.va AKB.TtlE KEUEiprs OS- COTTO.N at New York
Bo3ton, Philadtjiphia and Bdltimore for tlxe past week, and
sinct
Septembpr
and
Itum-
Satur.
1,99Q
Spain, Op'rto, Gibralt'r,&c
All other
Total Spain, &c
f«,.io.C8.
Br«m«»i Ams-
Norfolk....
Baltimore..
1,750
1.
„,..
iMJiOe
of these shipments, arranged in our oBual
"»<»*
Liver-
3,422! 4,966 144.220 178,445
699
Other ports
form, are as
Texas
Wilmington
1,442
. .
parti. 7 irs
previ'us
year.
Sept.
Total to Okbat Bbitain 14,158 7,289 5,172 4,966 150,875 184,791
Havre
1,442
101
865 2,596 19,514 15,900
Othei- French ports
Bremen and Hanover
Total
The
N. Orlean.i.
Week ending-
Bos.iel,
..
Nederiiind,' 50.'. '.'.'.
•
ToPoiut-a-i'itro. per
,2...
URUJ.vxs—ro Liverpool, p:-r steamers Galiesoi'sliVoo.";.".
Ljrtingtoa, 3,538... .DeUira'Jio, 2,931. ...Bueeataur,
5,190
.
"
.
Thb
Mobile
mm
!)
decrease, as compared with last week, the total reach'ai?
8 880
balea, against 9,318 bales last week.
Below we give our usual
table showing the exports of cotton from New York,
and their
direction, for each of the last four weeks; also the
total exports
and direcoion since Sept. 1, 1880, anl in the last column the total
lor the same period of the previous year:
BIPOBTS OP Corro.*; (bales) fro.h New York sixce Sept. 1. 1380.
.
^^
®3
9>8
gfHir,v3:Y7^.'
6I3
®8
"''*•*
Baltimorb-To Liverpool, n.ir Hteamers Novii 'ecoVlin',' 9«.5
as
9>4
a'n'd
®9'8
6'iR
1-800 -Semi, l,.50O.:..8t. Al"'^
9I4
7iii»7 10>a (i^e
bins^T.ii'oo
fiSsaio
9 «8
''
fi"i» 938 aiio
To Bremen, iwrstcame'r Leipzig; 'd.io
'««
9=8»10
611
9 ®8
10 aio>s
9 33
6'8
"O8TON-T0 Liverpool, per 8t«a.ner» Illyrian, 77a::;;MiineMto.
O^s®
9 ®8
6»9
io>e®io»8 6 i0>4ai8 II3 615,0
ir..el.L '<)«
3.39
Moravian,
958® 10
237....
Canopn8,ul7.
®8 1»3 613 ...10 ©lO'g B 9 »8
2 561
6I3,g PlIILAUELPIlIA
''•'veri)ool, per steamers Lord Uou'gh,
9»9aio
®8 lij 6ii|8 10 aio^a 8 9 as
1,696
015,8
jlljii^j-'^"
Illinolo,
.jui/
„ ,„„
SAN
Fh
A.VCISCO
-Tc Liverpool, per ship cintiimtLi; 'l67<forel'i£)
Exports op Cotton from JSew York, this week rdow a
107
9^821 10'8
9»4al0
0>4®10
ukai 9"8
12
10
•'
1879.
814 Ibl.
Shirtings.
Iviitt.
" 29
Not. 5
3.35ft
iwr «tmiiiCT VUlul Hula, 3i)00
3,000
bark I'Irika. I.OJO
"
ToOeiioii, pur bark Onuiciilco I.aiiata,
1,730
1.73*
10 Vera Gnu. per Btcuiucr Citv of Mnrlila, 1 49>
1,49a
lur.BHToN— To nivcri-ool, i>ur»hlii.l(iliii Putt^n Oin'f
,).I0 Hna laluiid
per Imrkii I'r iiceiw LoiiIm -i -n i
""'
"
Upland and' 57 Hea
-'^"1 ...Ual.,.. Cf"2S^2.425*1),f|a,
liil'iin.l
d
and 2(ir> Hca Ulainl ...M.
M. A. Mu.V.,lll,
Ui.laiKl
11 771
To Ifavin. per liark Alblna. 2,20s Upland3,5s:i
and 20i Hoi ui.ii'd 2,502
To Am.tcnlain, pm- Lark Nortlieni Vjniplre.
3,100
Upland
'
S.IOO
To Sebiwtopol, jwr gtnaiuor WcirmoHth! 4,750
Upland
4,7SO
r» Ooltu aHirx, per hark fo9tr.!nu, l,«:io
Upland
i.a3o
ro Haroeluna, per barkn Amazon, 1,250 Upland
""B»'ri».
lona 2.1) 10 Upland ... p«r brig. Nuivo Sube*
«2«ij,*SS
"*"
i^i>ia«ii
...Joven Ana, 5tiO Upland.
537S
To Oenoa. pnr bark Nellie T. (iiiMt,' .V.bd0Upi.iud
anoo
»•" "'"'• Arklow. l.^Sl UpUimiaad
'
2'9'^,U»land''''^''
To Havre, per steaionV Zmiloii;,"a,707' Upland.'.'.
°*^*'*
...por
.pir .nip
•hio
AdelaldiiHakor, 2,7.50 Upland.......
To llrenien, ncr barkH Felix Mundohwuhn, 3;20i'lJp'lL'nd"'
'
^""ua....
Johanna. 2,550 Uplauil
2 liA
..2 '^i.""'",'";''""' P«,''''"-k Bengal, 2,115 "Upl'ai'id'.'.'.V.'.V;
TexasUS-To
LlveriMwl, per sliipH Atnionphere, 4,788
B^m
^- "°''"*''' ^•'*'*''- ••P"b»rt Sylphlden!
"^
\'T)0 :.
To Cork for orders, per brig Mlra. 070
.'.
WiMiir.N.iTON-To Chanucl, pc?
, 1 ,923. ...
itll
NOKFOLK-To Liverpool, per steamer Aunlo,
"^ *
5,411. ...Mr8tiipi
••^'^' ^".*."o..^ p-v.!rT;
ltrtro<!l,.iiu,
Sttutiimler, ix.r
^^
1880.
Oct. 22
16.483
Til i;i«ii"ii,p.^r»lil|iU.ii<!Uou,3,2.-)5.. ,..".
To
To
2,596
746
50
Dec. 10.
Dee. 17
66.000
47,000
9,100
9,100
8,800
16,000
441,000
321,000
79.000
59,000
282,000
266.000
65,000
51,000
5,100
4,300
12.000
17,500
453.000
3 LJ,000
98,000
87,000
291,000
Tiiesdng.
Trc(/»«s \Thursd'g.
86.000
06,000
7.200
5,700
9,000
18,50J
Dec. 23.
41,50O
30.500
5,700
2,600
6.600
S,3Qab'»
42i.,00v>
465,000
357,000
tlic week
,; S7.O0O
Of which American
73.000
Amount afloat
361,000
Of which Amer ican. ..'.'..'..'.
175.000
323.3t»0
3:U.0OO
The tonu ttr tiio
"" Liyeriwol m.iraet tor spots ami tuf\ire8i<;:u)u ilay of tba
week ouiling Doc.
D
21, and the diuly olosmg prices of 8i«H
8IMH coiton, havo
Of which Aineriean— Estim'd
lotal import of
321,000
71,000
ss.ooa
310,00c
b"en as follows:
Saturduij Mondug.
Spot.
Market,
12:30 P..M.
}
J
Mod. inq
freely
supplied.
.Mid. Upl'il3
6%
AUd.Orl'n.s.
6''s
Shade
eaalor.
634
and
Dull.
Eiislor.
611,8
613,8
611,8
6I3i8
7,000
1,000
8,000
1,000
Market,
5 p.m.
a
Sales
Spec.ifc exp,
8.000
l.OOC
10,000
2,000
10.000
2,00|0
Futures.
Market,
5 i: II.
Frutaif,
Dull,
Qulot.
I
Steady.
Dull
Flat.
3
m
THE (MRONICLK
t5«0
The actual sales of futures at Llverpoo". (or tlie
below. These sales are on the basis or Uplands,
unless otherwise stated.
same week are given
Low
Middling clause,
Dec
Deo.-Jan.... 623,2®! lis
6\
Jan.-Feb
Feb.-Mar
d.
6I816
62732
..,.,. ..e^g
Mar.-Apr
Apr.-May
May-June
Delivery,
d.
62»32
611,0
June-July
Deo
Detroit
Monday.
6iii«
6i»i8
62832
Apr.-May
May-June
6%
Dec
Dec.-Jan
Feb.-Mar
June-July
627,2
6'e
"""
Deo
62S32
Feb.-Mar
Mar.-Apr
Apr.-May
Deo-Jan
Jan.-Feb
Feb.-Mar
Apr.-May
May-June
eiSjg
62732
e'a
62332
June-July
Mar.-Apr
May-June
623,,2
Deu.-Jan
Jan.-Feb
Feb.-Mar
Mar.-Apr
62032
6l3i8
May-June
678
6\
62532
GiSij
62733
67e
6i6,g
Apr.-May
TCKSDAT.
Deo.-Jan....62%3®iiia
6%3i2332
Jan.-Feb
62632 W %
ei^ig
62732
May-June
June-July
67g
62»32
62B32
6i3i6
May-June
62732
62732
6^8
6'^ie
April-May
Wednesday.
Jan.-Feb
eiiigi Mar.-Apr
aiiia Apr.-May
Jan.-Feb
62832
Deo
I
6\
Apr.-May
May-Jane
Jan.-Feb
Cleveland
3t. Louis
Peoria
6i3ig
6^732
Friday— Holiday.
BRE AD STU PF S.
FRIDAY, P. M., Dec. 24. 1880.
.
The recent reduction
Wheat
Rye
:
Wheat
Com
bbls.
5,82:J,425
bush.
63,289,543
125,479,189
30,969,704
4,172,301
3,059,946
Oats
Barley
Rye
192,321.331
Rail shipments from Western lake
Totalgraln.... 231,970,686
--.'ISy.*
..-•^IFc*
I
i
Flour
—
Wheat
.;<i...l)ash;
Corn
Oats
Barley
.-f.L
1.437.613
..1
Rye
Total
Week
Flour,
bbls.
Dec. 18. -.213. 183
Dec. 11... 197.322
Dec.
4... 274.1 15
Nov. 27... 173,709
95
53
jDcc.
1877.
Week
Dee. 22.
21.
145,619
l4i,970-
234.632
615,574
195,007
90,474
45.030
877,495
671,366
449,489
148,017
103,517
1.261.537
1.399.04)
391, -(58
184,382
129,086
15,621
same ports for
Wlieai,
Corn,
bush.
bush.
last
5,445-
1,377,864
four weeks;
B irley.
Orits.
bush.
bash.
376. J ')1
2.'>9,73l
576,230
212,220
236,783
531,786
46i).7I6
403.716
66,l.=>8
610,239
854,tt0
iO 4,341
121.507
107,987
127.269
433,190
line.
bush.
53.014
33.192
58,502
56.489
4-22,921 206,197
1,280, 523
2,503.121 1,697.598
4w'ks'79. .630,895 1,360, 804 3.066,7511 095,772 472,200 129,975.
Receipts of flour and grain at seaboard ports for the week
Tot..4 wk8.860,331
ended Dec.
18:
Flour,
At-
bbls.
New York
152,836
78,332
4,500
10,135
22,910
25.96J
10,917
Boston
Portland
Montreal
Philadelphia
Baltimore
New Orleans
Wheat,
bush.
634,580
98,420
72.360
4.800
187,000
512.500
31,372
Corn,
Oats,
bush.
bush.
Barley,
bush.
365,870 189.130
204,375 37,320
2,300
5,800
209,106
272,430
65,335
87,030
3 1,9.30
1,800
"800
51,200
9,300
15.370
3yt,800
Sye,
bush.
27.236
2,870-
2,500
6,500
week
303,599 1,3 9,032 1.123,480 307,040 133.600 39,106
week '79.... 248,100 1,0 1,493 1,802,903 379,728 150,201 69,114
The visible supply of grain, comprising the stocks in gran aryat the principal points of accumulation at lake and seabo ard
ports, and in transit by rail and on canal frozen in
Total
Cor.
:
Do. afloat
Com,
Wheat,
bush.
bush.
2,414,962
5,703,056
(est.)
Buffalo
Chicago
Milwaukee
Duluth
LouisBoston. .
Toronto.
Montreal
PhUadelphia
Peoria
Barley,
bush.
185,155
200,000
19„500 118.000
290.883
43,078
6,910,065 4,635,503 1,419.394
27,369
2,274,447
53,005
881,300
5,000
59,690
630,895
2,170,404
8.912
7,445
1,205.930
115.000
60,000
232,263
2,21,3,189 1,374,034
64,013
266,775
lo\,496
110,871
23,000
116,494
291.640
1,3 1 2,954
176,908 127,462
20.104
103.200 104,900
446.600
199,851
89,835
452,333
24^,851
2,520,816
598,000 1,128,000 466,000
1,415,000 4,504,000 100,000
4.50,500
450.000
99,000
564,199
316,078
211,803
450,029
,
Bye,
bush.
219,106
44.000
53,000
20.950
307.432
59.176
45,000
5,254
400,000
62,141
11,919
416,835
6,170
6M43
4,847
29,0fe4
1,144
4,006
1,237
9,625
7,547
3,400
2,072
..
148,000
114,000
78,000
iO.OOO
940.916
932.633
913,044
24,622,480 16,683,747 3,657,260 2,449,380 871.647
21.190,673 17,935.813 4.296.074" 3,62i,09S 853.147
27,857,589 . 9,307,730.2,672,165 4,668,584 1,127,834
16,465.235 3.783.061 3,057.731
28.673,49i'15,757,0.i6 3.816,749 3,963,944
26 930.859 15,753.676 3.587.563 2.861.443
Dec. 11, '80
Deo. 4, '80
Nov. 27, '80
Nov. 20. '80.
Des. 20/79.
Oats,
bush.
862,976
® ....
15
® 57151 Indianapolis
® 57
Kansas City
® 56
BalUmore
® 5S
OnraU
®1 00
Canal and river..
® 43
® 45
Total Dec.l8,'80 29,709,283
®
9
18.
Rail and lake shipments from
endinu —
1878.
Week
Week
299,734
576.250
376,351
127,269
58,014
.-...
St.
®1 35
®1 12
®1 05
137,286.964
river ports for thfr
1879.
^.
215,185
'
I.i)bl6,
Detroit
®1
1877.
5,221,121
179,153,141
ani
Dec. 20.
lb-8,360
Dec.
Oswego
®1 15
®t 20
1878.
0,0o3,0i)0
weeks ended
Toledo
1
1879.
7.308,815
1880.
Flour
2 mixed at 44?^c. for March.
t^ui:
Oraiti.
[
„ „
No. 2
*bbl.$3 00a> 3 40 WheatWinter superfine
3 603 3 80
No. 2 spring
112
Spring superfine
3 iioa' 3 60
Red wmter
l lo
Spring wheat extras.. 4 00® 4 40
winter. No. 2 115
do XX
XT and XXX... 4 50® 6 25 Red
Wliite
110
Winter sliipp'K extras. 4 25® 4 75 Ck)m— West, mixed
53
do XX and XXX... 5 00® 6 25
Wesfu No. 2
Patents
6 50® 8 50
South, yeli'w.new
53
Caty shipping extras. 4 25® 5 50
South, white.new
54
Southern, baiters' and
Rye
95
family brands
5 50® 7 00 Oats Mixed
40
Bouth'u ship'g extras. 4 50® 5 25
White
42
flour,
Eye
superfine.. 5 3f)® 5 60 Barley— Canada W. 117
Com mealState, 4-rowed... 1 05
Western, Ac
2 753 3 15
State, 2-rowed... 100
Brandywine. *o.... 3 509
Peas—Can'da.b.&f.
82
Buckw. fl.,p. 100 lbs. 2 00® 2 25 Buckwheat........
se
2,001 ;783
H?.466,613
98,074,114
Comparative shipments of flour and grain from the same
ports from Jan. 1 to Die 18, inclusive, for four years
Albany
:
42,713,544
31,659,228
12.364.405
6,325 153
120,176.820
Total grain.... 141.772.616
confidence and slow trade, with increasing supplies by
raU. To-day the market was dull, with No. 2 graded quoted
at 42c. for mixed and 44c. for white; and there were s*les of No.
closing quotations
54.806.390
30.268,529
Hi, 558,042
6,923,166
910,486
52,158,643
59,218,779
20,530,013
7,458,366
2,406,815
bnsh.
In store at—
Sew York
The following are
8s.di3.379
91,775,681
30,229,163
9,854,017
4.969,795
Total grain .... 286,130,090 247,802.207 225,612,035 167,903,685
Total receipts (crop movement) at same ports from Aug. 1 to
Dec. 18, inclusive, for four years :
1880.
1879.
1878.
1877.
Flour
bbls.
3,533,720
3,004,335
2,713,104
2,762,757
time, and Canada at fl 40. Buckwheat is decidedly lower.
Oats have materially declined, under a subsidence of speculative
97.292,930
105.636.976
30,084,598
10,109.652
4,678,051
85,108.367
148,901,027
83,557,425
9,764.102
3,799,169
bush.
Rye
in prices
and the partial disturbance of credits at Western markets
begin to have an effect in causing a falling off in receipts. Today there was a further decline of l@l%c.
Indian corn has been in light supply, and prices were well
supported, an improvement being at times obtained. Wednesday afternoon No. 2 Western sold largely at 57%@57?Cc. for
January and February. The supplies of new com from New
Jersey and the South continue comparatively small, but the
demand has not been active, and prime yellow has sold afloat
at 56@56}^c. Yesterday the market was dull and depressed,
No. 2 mixed closing nearly nominal at 57@57/ic. on the spot
and for the next two months' deliveries. To-day spots were
nominal and futures weak.
Rye has been rather dull; yet prime boat-loads have sold at
98c., and No. 1 can hardly be bought less than $1.
Barley has
been in demand, and prices must be quoted slightly dearer, the
sales of yesterday including No. 1 bright Canada at $1 35.
Barley malt has also been active at firm prices; the sales of
yesterday embraced six-rowed State to arrive at f 1 20, short
437,257 123,975 27,40»
45,350 134,730 17,350
19.231
949
3,647 19.803
5,600
3,000
59,187 113,980
8.53»
129,000 20,330 10,17^
,
—
closing at the inside figures.
052.270 1,170.746
397,225
19,940
246,811 137,231
178,833
20,579
22.500
30,500
100.838 505,925
11,725 334,650
9.
Com
The flour market was dull and depressed early iu the week, Com
Oats
and prices declined to the lowest figures current in several Barley
months, with sales of fair shipping extras for Great Britain as
low as $4 25 per bbl. A very unsettled feeling prevailed, in
sympathy with the wheat market. But latterly, although the
position has not improved, holders have ceased to press their
stocks on the market, and prices have ruled somewhat steadier.
Rye flour, corn meal and buckwheat flour have also declined
more or less during the week. To-day, as usual on the eve of
a holiday, trade was dull, and prices were nominally unchanged.
The wheat market has been quite demoralized by speculaSeveral of the " bull " party at Chicago
tive complications.
and St. Louis have failed, and these failures, together with
dull foreign advices and a further check upon the export
movement caused by the scarcity of ocean freight room, have
caused prices to give way materially. The decline, however,
has been more decided in the more distant futures than in
spots. Yesterday No. 2 red winter sold at $1 16@$1 16^ on
the spot and *1 19@|1 19>^ for February, and No. 1 white
at $1 13>^@$1 14 on the spot and $1 16@|1 16^ for February,
lbs.)
247 140 1,608,227 2.219.621 699.275 426.818 64,416
161.835 1,398,504 1,534.476 388,341 268,250 51,403
Total receipts at same ports from Jan. 1 tj Dec. 18, inclusive, for four years
1880.
1879.
1878.
1877.
Flour
bbls.
6,803,082
6,809,274
5,709,763
4,997,599
Total
Same time
Wheat
May-June
Oats,
Barley,
bush.
bush.
bush.
(32 lbs.) as lbs.) (56 lbs.
Inish.
(56
Duluth
Oats
Barley
Thursdat.
Feb.-Mar
Har.-Apr
Chicago
Toledo
Corn,
bush.
(60 U>s.\
bbls.
(196 lbs.)
99,031
83.532
1,250
16,501
3.454
34,497
8,875
Jit-
Milwaukee
Jan.-Feb
62B32
Deo
Wheal,
Flour,
Delivery.
<*•
6a3),3
(From the " New York Produce Exchanae Weekly.")
Receipts of flour and grain at Western lake and river portB
for the week ending Bee. 18, 1880
:
Saturdat.
DeUttry-
[?ou XXXI.
December
THE
25, 1880.
CflRONlOLfc.
681
The following statement, prepared by the Bnrean of Statis- or retail boyen to antielp»t« fatnra reqaiwnrats. Bpriog
will show the exports of domestic breadttulfs from the fabrics received
lom^ attention from local and Buathara diatribnndennentioned customs districts, during the month of Noreraatont. bat transactions were chiefly eoDflo<^ Xa) plaeiac ordeis
for
ber, 1880, and for the eleven months ended the same, as compared
tics,
Janoary delivery. Notwithstaodiog the late loll !• tk* ilrnnml.
values of the most staple eotton fabrics are flnsly
H'ahitil
with the correspond ing months of the previous year:
—
S£SS '5c»?-5'5» troy
o
SB
1
JI
•
So
2.'
(with the exception of print eloths, which bad a drooplaf t«adency becaase of the over supply), and pri««* of wooloa (oodi
remain steady. Accounts from the interior iadicste that jobbon
are doing a very fair business (or the time of year, and there to
every reason to believe that stocks are in each good shape that
2.-
c
1 <
aa.
a»
I
0000
P.O, •
*
««
»
r
they will require replenishment in the near fatare.
DoMnsTio CoTTOB GooM.—The exporU of eottoa good^ ditriaf
the week ending December 31 were 1863 paekagM, of »hU!a
757 were shipped to Oreat BriUin, «S8 to Chill, 83 to VeaesaeU,
79 to Hamburg, 58 to Argentine Repnblio, SO to Braxfl. 44 to
Hayti, &c. Deliveries of cotton goods (on aceoont of fomer
orders were checked to some extent by the aear appmaeb of
"stock-taking," and new basinesa was comparatlv(<|y light
t
but nearly all makes of plain and colored cottons are so rloeely
sold up to production that the tone of the market has I «t none
of its firmness. .StimnUted by lower prices there was a sunswhat improved demand for printing cloths, and fair sales of
64x64s and 56z60s were made in this market and at the manafactnring centres, on the basis of 4 Me- and V)^ tot tlie Nspee.
tive grades.
Prints rnled quiet, with the exception <•' Khirtiog
styles, in which there was a moderate movement,
rrintrd
piques, and low-grade printed lawns were more suoght for,
and considerable orders were placed with agents fur fature
•
:
:
5:
-1
2
o o
<<
•
;
;
.
.
-^00-
W't'AW
UUtiOl
w
to
coywooMh&: A u 00 10 V]
c_»kpacto«
CO
10 to w>
C
ioooolc
WtSi^CC
vJCWO
x^otowc
ooco-jopqi
tilt at K
wi-Ci*.
1(^0)
to
Ilk
I^IOtOOD
OO
^--MOS«
t9
to-
I*-'
OOSC
_o_s>.--p c»
a -1 10
WWQO^iUW^W
1^-
COtOCDib-
Ot
'-'GO
b*as«c
bo
M
(f*.
5"*^?'*^^'^"
"^ *- VoD at
M
13
w
;ito-^w
b Oi
:i:c3CLJOtsco-ma'>;«M
tvU
delivery.
U O'
Wp,-' xp 0) — o
IWU03
h-tOMCO
1-^
I-"*.
Oi-ttOM
3Wt9M
»V—
ruoif^
MM_
'-1
»*-
t^-
mand
woDCtfaw^f'
bbcbw*—
to*towo.-i',
ODtOWtrCOCOH-OlCiWCd*2
3i en
C >- to O J Ci to'
jioa'
Domestic Woolek (Joom.— There was a band-to-moath defor heavy cassimeres and plaid-back oveKoatings by
clothiers anj cloth jobbers, but business in this connection waa
by no means active. Spring casssimeres, saltings and woiatad
MeoMubaJoa
N
if^io — toiocc a
rf-i*-t5C*3C(D'g
I*
rOMSJCn o
to
MUQO
h- 3S
CO
—
coatings ruled qaiet save in exceptional cases— and there waa
only a limited demand for cloakings cloak manafactarers bav-
5 oik: 3;
»0 M
w'^bODClo'^'k-'
MX
COt—Ciptk-JtO-lW
Ql-^^^Otoo^;oc*JX-*-
a
'rbbc''- w'j'xVirjo
*.. --1
i-
to
^J^M
_JD
W'^ (33 1^ oc 1^ :a o
is
3 S.
O IS J-'JOQcc; j:
;
Mr-
to^ccjxV^iot
— iCIOX*-^Cl
<b.o:
;ciDioxi-c;t-"C*;,
T^
rfk
Cw.
— woe
00-3
wt.!'
o'-o;
utoubli
oo»M:!«
*..-<Wj».^7C;trf
»*.OXCCCrOO
tt>-Zi
*-J0
loiCH
ip-Ofbbxwcito'i-T'-J •*-
C.
»**•
l^
X r:
(O'
wtoo^
a.*
lo':i;'l;
a<
--1
3;
to 10
1,t03O>-
ii'
toxto^jop^_:c^;^p
;
I-ln— b^'^i *-V;
b
— wb
ic c: to o X c
-J -J
-£
p-tow:x
Ji-O.'-
'i
Wi^CiJ-:^^—
most desirable makes (in both heavy and light-weight fabrics)
are firmly held by manufacturers' agents. Repellents wer«
quiet, and transactions in tweeds, blue flannel saltings and
cashmerettes were chiefly confined to making deliveries ia
execution of back orders. Kentucky jeans and satinets were
devoid of animation, but prices ruled steady and anehanged.
For blankets and flannels there was a light re-assorting demand
and such was the case with worsted dress goods, shawls, skirts
and underwear.
FoBEiGS Dbt Goods. The market for foreign dry goods was
very quiet, even holiday goods having been in comparatively
light demand. The most staple fabrics remain steady in price,
and stocks are not excessive as a rule but goods of a fancy
—
H- to
to ^ c
bx^x—
X w
X—
A
^t I—
_.
torooo
cow
^ to CO W X Ci X
'- to
to
Soon
WOS'-'i-.
^ibbbt)
wt-'taw
.— yr
to Oi
tJit^.
iotoorf-**oi:;»it»-.
«'i.
—
ing as a rule suspended operations for the season. Prices of
clothing woolens remain without quotable change, and tba
WptOrO
*' :: ;j w'
* luoluiled in the forcgoliis totals arc the reports from Miami, Milwaukee. New Haven, Osweiriitilile, PoriUinil. Kicbmond and Willamette, the
details for November, 1880, being as follows
PortSichVrUlamJ/t/wnii- A'euj Oswepatmotid.
land.
elle.
kee. Haten. elite.
Miami.
character that are risky to carry over are not unfrequently
otfered at low and unremunerative figure.*, in order tostimalate
sales.
Bushels
Imporlatlons of Dry Ouotfa.
The importations of dry goods at this port for the week ending
Dec. 23, 1880. and for the corresponding weeks of 1879 and
Value..$
1878.
BarleyInd'ii
have boen as follows:
BXTERBD FOE CONSnUrTlOX FOB TUB WBBK BilDIXO DEC.
corn-
Bushels 110,418
Value, $ 50,800
Ind. com mealBarrels
Value, $
700
2,500
Oats-
185
447
40
79
PkQt.
Silk
14,957
14,957
Value,?
Wheat29,250
35.000
Wheat HourValue,$
Tot. values—
$
Nov.,'80 82.800
Kov.,'79 92,700
1
1,200
$
35,000
19.000
63,863
1 67,304
200
Barrels
*
3.747
7,350
214
573
.MO
396
356
Wool.....
Oottou
Bushels
31,378
32,000
16
121
340
1.905
$
9
200 181,703
490
4,240
Flax
....
....
265,816
239,052
6.625
43,037
$
43,037
148,644
19,810
73,157
$
312,209
680,440
^i88™.".7584,703 1051,997 62,956 3,447 1480,244 1603,072 2335,236
70,896 1035,915 2770,231
1879.. 3770,678 1349,367 42,547 12,786
lUscellaneous
Total
Pkgn.
VaiH'.
Pkm.
Toliw.
I
2.049
Friday, P. M., December 24, 1880.
past week has developed no material change in the condition of the dry goods trade. There was a continued light demand for nearly all descriptions of seasonable goods, but purchases were made in strict accordance with actual wants, and
there was very little disposition on th» part of either package
527
775
305
839
459
2.905
194:316
215.676
169,211
154.198
95.986
H5i'.;w:
406
l.Slft
168.323
539.08O
606
35»J.275
172.094
151.843
4.687 1. 389.617
1.162
998
IRO THB SAMB I-KBIOD.
Uanuf aotures of—
Wool
139
101
43
204
646
Bilk
Miscellaneous
. .
THE DRY GOODS TRADE.
86.043
204.521
258,067
93,439
74.608
71«.«7S
WrrilDEAWN FROM WAaCBOnSB and THROWV into THS UAMtUtt PUB-
nt'd foroonsnmpt.
Total on market
The
Taliie.
23, 1480.
1880.
Uauufaciuies of—
100
47
Bushels
Value,?
3?ye—
Bushels
Value, $
1879.
1878.
1.133
2.049
3.18'J
•
55,478
45,998
46,689
39,424
31,614
219,203
716.678
935.881
245
263
71
347
398
256
87.565
139,889
65.440
95.117
S0.40<>
40«.41{o
1.324
2.905 859.387
4.229 1.267.807
96.018
6t,7&S
106,903
71.3SS
37.6S4
177
115
352
1
.
I7i;
V..9I9
-
7.ii*>;-
1
.
.
'.ffI7
H.^>.53a
ENTERBD FOR WAREHOUSE DCBINO SAME PERIOD.
Manufactures of—
Wool
Cotton
Bilk
Flax
Miscellaneous
Total
Eat'd forcoasumpt
Total at the port..
2.049
21
35.650
265
31,666
11
66,599
48B
28,265
28,065 2.609
187.245
716.678 2.905
2.64 7:
9li3.H23| B,.594
68
125
59
106
540
598
80,623
10«>,4I8
88.24'
67.600
150
SIS
164
274
2.370
68.8SO
130341
139.301
54J»7S
66.6.18
3»:43«
3.27»f
40:*.rv.'H]
432.^30
85'.>.3>i7
4.687 13 '9.617
.•;62.»13| 7,»«J 1.822 147
THE CHRONICLE.
682
JAX
JohnSickels.
Sand.
E.
Commercial Cards
Coramerclal Cards.
FiMancial.
a*«o. T. SiKD
[Vol. XXXI,
Wright,
Bliss
&
Fabyan,
&
Sand Brothers
Co.,
BANKBRS AND BROEBRB,
54 Wtkll Street, New York.
STOCKS AND BONDS BOUGHT AND SOLD ON
COMMISSION.
OOMMBBCIAXi PAPBB NEaOTIATETD.
New
SELLING AGENTS FOR LEADING BRANDS
AND SHEETINGS,
&
And
Export Trade.
&
Bro.,
United States BnntInK Company.
A fill supply all Widths asd Colon always in stock.
No. 109 Dnane Street.
INVESTMENT SECURITIES.
E.R.Mudge,Sawyer&Co
A6?;NTS FOR
Waohlnctoii mills, Clilcopee
miLTVARD'S HELIX NEEDLES
400 BROADWAY, NEW YORK.
lltirliii£^'ton
Ellcrtou
RAILROAD SECURITIES
all
for the past 10 Year
A SPECIALTY.
Inyestors or Dealers wishing to buy or sell are
State, Municipal and
inrlted to communicate.
Bailway Bonds and Coupons bought and sold at best
Varket Bates.
&
Gilman, Son
63
Co.,
New
No. 11 Old Slip,
Ifork.
OFFICE OF THE
In addition to a General Banking Business, buj
and sell OOTerament Bonds and Investment Securi-
BONDS
At Auction.
The Tnaerslgned
liold
SAXlES of
STOCKS
EISOULAE AUCTION
all cliisees
ATSn
of
BONDS
WEDNESDAYS
Mutual Insurance Co.
CENTR E ST/N.Y.
^ROUGHT&CAST IRON WORK
New York, 28tli January, 1880.
The follo'wing fitatemoiit of tlio affairs of this
^139T:0't43
IFALL KINDS. FOR BUILDINGS£[
John
ITo.
Repairs Promptly Attended To.
ANI> SATURDAYS.
PINE STREET,
No. 7
*
A SPECIALT-
Member of
GOLD MEDAL,
'
the
New York Ftock Exchanee.
Ee-insuranee
PARIS, IQIQ.
I
I
New To rk.
& Sons,
Subscription notes, bills receivable iiud uncollected premiums.
VMWK
Suspense account and accrued
[(ANNUAL.)
1
S8
UTUALLIF
1«.
F.S.WINSTON,
SSUES EVERY APPROVED DESCRIPTIONO
FOR
JFE AND
INVESTORS AND BROKERS.
BE PUBLISHED
About February
10.
Vzlce ortbc Review, In CIot]i....$2 00
lo SubBcribers of tlie Commercial ? , v,„
""
& FiNAKciAt Chronicle
j *
i^
ENDOWMENT POIICIE!
)NTERMS AS FAVORABLE AS THOSE 01
ANr OTHER COMPANY.
ORGANIZED APRIL IET.h 1842.
MASsns OVERS 8aooo,ooc
Wire Rope.
STEEL AND CHARCOAL
IRON of superior quality
suitable for MINING AND
HOISTING PURPOSES
Inclined Planes, Transmis.
,<ion of Power, &g. Also,
Qalvanized
BB
Charcoal
and
for Ships' Ri^ginjf, SusBridges. Derrick
oension
Guys, Ferry Ropes, &c.
A
stock constantly on
hand from which any delar^re
"ynUAAM
IS
B. BAIVA
PUBLISHERS,
<|U WUlIam Street
&
CO.,
sired
are
manufactured to
430,102 20
iu-
8,44445
.'Jfl, 197,185 15
Total .amount of as-sets
Tlie Board of Trustees have tliis day
Resolved, That six per coat interest on the
outstanding Certificates of Profits bo p-oid to the
holders thereof, or their legal representatives
On or after 1st March next.
By order of the Board,
CHARLES IRVING, Secretary.
TRUSTEES:
George Mosle,
Del?. Ronth,
R. Lyman,
E.
Henry K. Kurdhardt,
Henry
11.
Hugh
Auchincloss,
Lawrence Welle.
Wiliiaui Pohlmann,
Francis Gordon Brown,
Alex. M. Lawrence,
John D. Dix,
Charles MunEinger,
Walter Watsop,
Ernesto G. Fabbri,
Henry E. Sprague,
John Welsh, Jr.,
Lewis Morris,
or-
JOHN W. TIASON & CO.,
43 B jBdivay, Neiv Vork.
Alexander Hamilton,
Constantin MeceUs,
Carl L. Recknagel,
W.
F. Cary, Jr.,
Carl Victor,
Ramsey Crooks,
Arthur B. Graves,
H. L. Chas. Renauld,
Chas. F. Zimmermann,
Tbeod- ire Fachiri
C. L. F. Rose,
Wm, S. Wilson,
Gustav Schwab,
George H. Morgan,
Francis
George
IJ.
Arnold,
S. Scott.
EUGENE DUTim, President.
ALFRED OGDEN, VicePresiaent,
eut
FLAT STBKL AND IROl
ROPES for Mining pur.
I)08e3
der.
N. T.
lenpths
$70,4073S
200,000 00
78,142 00
330,029 18
torest
IINSURANCECOMM
OF NEW YORK,
PRESIDEN';
A :manuaj.
TTILL.
199,39830
United States stock
Stocksof Corporations
Real estate
throughout the world,
Josept Gillott
pre-
ASSETS,
3l6t Dooembor, 1870.
Cashinbanks
Sis CelcbraUd Ifumters,
Financial Review,
return
.and
$771,077 35
393,686 83
j-car
miums
303-404- 70-36 -332,
and hia other styles •may be had of all dealers
THE
802,271 22
$015,84245
Total premiums
Earned premiums of the
Losses and expenses
^kt\ W(M,
SOUTHERN SECURITIES
<xte with us.
$113,57123
bor, 1878
Net premiums received during
the year ending 31st Dec., 1879
BANKER AND BROKER,
6 Wall Street, New York City
9Ut», Municipal and Railway Ponds and Coupons
sold at best market rates, investors or
dealers wishing to buy or sell are Invited to communl-
Charter:
Premiums uneamed 31st Docem-
NEW YORK.
bought and
Coropauy on tUo 31st day of December, 1879, is
published in coiiformity with the provisions of
its
&c SOTt.
Manning,
B.
1
J.B KJ.M.CORNELI
ox
A.DR1A]« H. IMIJ1.(.ER
\
ORIENT.
ties.
and
inrg. Co.
43o.,
Insurance.
BANKERS,
CEDAR STREET.
STOCKS
Woolen
New Slills,
Atlantic Cotton inillo
Saratoga Victory ^f'g;. Co., Ocean Mill*
AND
_^
Hosiery, Shirts and Dranrers
l-'rom Various Mills.
BOSTON.
NEW YORK,
15 Chacncey Street
43 & 45 WHITE Street.
PHILADELPHIA.
J. W. DAYTON, 280 CHESTNUT STREET.
BROAD STREET, XEW YORK.
of
STKIPKS.*
Also, AKents
Special attention to business of country t>ank8.
CAn intimate knowledge
kinds of
'
BANKERS AND BROKERS,
T irall St., Car. New, New ITork.
No. 13
all
COTTON CANVAS. FELTING DUCK, OAK COVER
U)», BAGGING, RAVENS DOCK. BAH. T WINB8
AC. " ONTARIO SEAMLESS BAGS,
"AWNING
Co.,
Fred H. Smith,
BANKER AND BROKER,
COTTON SAILDUCK
&c.
Towels, Quilts, White Goods and Hosiery.
J>riUs, Sheetings, dc.,Jor
Co.,
'HasnfacturerB and Oeaiers Is
BROWN AND BLEACHED SHIRTINGS
George A. Clark
A. H. Brown
&
York, Boston, rhiladelphia,
PRINTS, DENIMS, TICKS, DUCKS,
Turner
Brinckerhoff,
jn)lTAKP A. PETIT, Member N. T. Stock Exoh.
CHARLES
IRVIXi', Socretarr.
ANTON MBTZ,
Assistant Secretary.
^
i
Deceubbr
THE CHHONKXE.
35, 1680.]
Insnranco.
The United
OFFICE OP THE
-
Insurance
Co.
.
.
*
•
872^484 u6
JAMES BUKIJ.rroildent.
YottK, Jimnary 24,1880.
TUo Trustocs, In confdrmlty to tlio Charter of
tho Company, BUbmlt tbo following Btntcraent
of its affairs oa tho 31st December, 1870
Premiums received on Murine
Hista, from Ist. Juimnry, 1 878,
to31st December, 1870
$3,G00,060 58
Premiums on Policies not marked off 1st January, 1870
1,671,081 01
Total amoant of Marine Pro-
$5,371,018 49
mlum.'<
been Issued
upon Life liisks; nor upon
Flro dleoonneotcd with Marine
Policies
li,-ivo
Kisks.
off
Decem-
1879
3,875,101 26
Losses paid during tbo
period
Eetums
of
same
urtnK olHowbore.
After the pronihimii for three or more reari have
been patd, iitH>n reof^lvtnx thn required notice from
thoasBurud tho ('"inimnjr will continue the Poller
In forco without further piiym(>nti, for Ita Kt'l.L
tho HNTIUM HKBKHVK
KACK. for Htich u iivrlud
will curry It.
Bhould tht* d'ftth of the insured take phuM dnrlnc
f>f
Infurmnce a« proTlded for
tho continued term
above, the full face of the Tollcy will ho pald-n*
deduction belntf mudo for forotioroe or uDiwIf
premlurns. nxccpttnir In the event of the deatt
occurring within three yeara after the orltfina
default.
The new form of Endowment Policy prorldee :Thattf the KNTIIIE UK.SKUVK ta a xreutor aum
than tho slnKlo premtum required to carry the full
HTuountof insuranct} tu the end of tho endowment
lernt, the exccits ttliull he u»ed aa aalnifle premium
to ourclmHoii pure endowment, parable at the end
of the term, thus iiunrunteelns to ttie poUoy*holder
in everT event tlie full vulue of liln Keaerre.
NO sUbKKM)F:U of the Policy la required only
a notice from the policy-holder, on olanka fur-
u
Premiums and Ex-
The Company
will,
otUcr Stocks
\»i PBAttL rrumtrr,
i«rv*
roHJi.
BpMial atUnUoQ glvao t« tk*
for tbo
parohM* or
*•!• ot
uMMioa o( orMr
Co«li»<g t«r
Fta
dallvarr.
Fielding,
Gwynn & Co.
1,307,900 00
Company, estimated at
Prcmlma Notes and Bills Eo-
H.
W. &
J.
i/
Airo
1,522,820 35
231,455 IG
CasUin Bank
FINAIVCIAL.
Amount of Assets
$12,437,739 51
Six per cent Interest on tho outstand-
ing certiilcatcg of profits -will bo paid to tho
holders thereof, or their legal representatives,
on and after Tuesday, tUo 3d of February next
Fifty per cent of tho Outstandlne
CcrtlfleatcD of tho issue of 187G, will bo
redeemed and paid to tho holders thereof, or
their legal representatives, on and after Tuesday, tho 3d of February next, from which date
interest oa tho amount so redeemable will
eeaso. The ccrtiflcatcs to bo produced at the
time of payment, and canceled to the extent
paid.
A
Dividend of Forty per cent Is declared on tho net earned premiums of tho Company, for tho year ending 31st December, 1870,
for T^ich cortiflcatea wUl be issued on and after
Tuesday, tho 4th of May next.
F.
O Box
New
York.
Advances made on Conalgamenta.
Bpecia] personal attention to tbe purchase and Mie
01?
f • CuNTItACTS F0» rniUKK DKUVKBY
COTTON.
P. Billups
J.
&
tt
76
(SXAXKN'S SATINOS
NKW
BANK BUIU>IKO,)
TOBK.
Special attention given to tho Purchase and gala
of Contracts for future delivery of Cotton ; also,
execute orders tor l>urcha»e and Sale of Stock* and
Bonds for Southern account.
A. A. Puiven,
W'm. Bturgis,
AdolpU LemojTio,
BetOamin H. Field,
Josiah O. Low,
William E. Dodge,
Koyal Phelps,
Thomas F. Youngs,
C. A. Hand,
John D. Hewlett,
William H. Webb,
Chailae P. Burdett,
Edmund W.
Felix Alexander,
Al'GUSTA, GEORGIA.
CoBRxapoNDXNCB SouorrxD.
Corlies,
1
John Elliott,
Alexander V. Blake,
Kobert B. Mlntum,
George W. Lane,
Edwin D. Morgan,
Robert L. Stuart,
James G. Do
Forest,
Frederick Chauncey,
Charles D. Leverlch,
'William Bryce,
William H. Fogg,
Peter V. King,
Thomas B. Coddlngton,
Horace K. Thurber,
William Degroot,
Henry Collins,
John L. Rikcr.
*
JONES, President.
CHARLES DENNIS. Vice-President.
W. H. H. MOORE, 2d Vico-PrcsUlent.
A. A.
RAVEN, 3d
Vice-Presiacni,
Co.>
tnmfUj «a»
Tames F.Wenman&Co.>
I^o. 1 46 Pearl Street, Bear Wall, R.
EsUbllshe<l (in Tontine Bnlldlng) IS40.
Parisot
&
Campbell,
&
H. Tileston
STOCKS,
COTTON,
(
%
Co.,
BONDS, *C.
NKW YORK.
as WILLIAM STH.KKT,
Orders In " mtnres" executed at N. Y. Cottoo Kzclk
A. L. Leman
Uenry BenU * Co, Commission MercbanU New
York; William B.Dana* Co., Proprietors Coaim
OLU, Ain> FiHAMOiAi, CHWunoiA and oUier Na»
Toik Houses.
Charles H. Marshall,
J. D.
Orders for Spot Cotton and ratnraa
oat«4
Keferencea :—Natloaal Bank of Augusta, Georgia
Horace Gray,
&
COTTON BROKERS,
117 Pearl Street, New Tork.
COTTON BROKKRb,
Wm.
OBDKE
TKX7SXX:x:S:
James Low,
David Lane,
Gordon W. Bumham,
COTTOX BROKERS,
BEAVER ST,REBT, NEW YORK.
£3
Entire attention given to purchase of COTTOS e*
for SPISNKB8 and EXPORTERS
Curtis,
WALTER & KROHN,
COMMISSION MERCHANTS, Dennis Perkins
IVall Street,
Nos. 74
|
LIBEIML AUVA.SCBd MADE.
Special attention given to orders for tiM ]
and sale of Contracts for rulureDellvarj otOottea.
COTTON BROKER,
Secretary.
PEARL STREET,
Uecel ve Oanslgnmenta of Cotton and other
Co.,
COTTON
By order of tho Board,
Charles H. RusseU,
UAmmarw.
«OMii a.
Neiv York.
AGENTS
3,909.
135
No.
132 Pearl Street,
s
Total
D. Jones,
Charles Dennis,
W. n. H. Moore,
atreet, N. T.
noBOlUT,
r.
C. F. Hohorst & Co.>
COTTOM
H. Farley, COMMISSION MERCHANTB
COTTON FACTORS,
COMMISSION MEKCHANT8,
500,000 00
ccirablo
J.
140 Pearl
CBAS.
$8,875,558 00
CHAPMAN,
COMMISSION MERCHANTS.
CottOA
otlicrwiso
H,
COTTON PACTOBS
Omco of Middle liuuartment. Boreel Buildlnit,
No. 117 Broadway, N. Y., Uenry W. Baldwin, Sept.
Real Estate and claims duo the
jr.
upon application, aeod CIrcn-
folio-wing Assets, viz.:
Loans secured by Stocks, and
^
Bcnnet & Foulkc,
conniuiox MERciiAirrai.
larttKtvinK full imrtlcularn.
840,736 77
Company lias tlio
KOK ANY CAUSE. EXCEPTING
KHAUn.
United States and State of Now
York Stock, City, Sauk, and
'
Biarkot.
AFM-Kft THUKK YEARS, ATX RESTHICTXONB
and CONDITIONS In regard to travel, realdenee.
ocrupuilon and cnuHe of death are removed, thua
muklnK tho Polictea, after three yeara. INCON-
TKSTfBI.K
1,524,331 04
penses
Lewis
Mv
Llt>*rml advaiieM on iiiinlgB»wli of OntUm
laJ* la If •« Tark or Uvvrpoul. BirMMI M*MM«»
givaa to Hal* and I'urrhaM of nrtw* OoMsaii*.
botk la N(« York and UVBSrOOb. oa tmt»m*tm
lanns, and proflta tatd a* aooa as rMUa«4 la aMMv
nlshe.1 by tho rninnanT.
from 1st
January-, 1879, to 31st
Tlie
Tarfe.
;
Premiums marked
ber,
IMIV RTANT efmCRCtmONS IM
LIITK INHUKANCK CONTltACrS.
Examine the now turm of PoWcy Istaed hj the
UBKRAL AND
ttMM, ««w
Unlttid HtHtu« I.lfo Insurftnce Cuiupftoy tMfore la-
Ktw
No
111 Paarl
V-
IV-
$-1,088,230 gt
f-
-
-
Snrplua,
,
Comp'y, COUUIBSION MERCBAHT,
2G1-204 Broadwart
AsMfiv,
Robert Murdoch,
States
Life Insurance
ATLANTI C
Mutual
Cmtmm,
Inranuice.
&
Co.^,
COTTON BROKERS,
IGO SECOXLi 8TBKST..
MACON, CiBORGIA.
No.
•
Kntire attention paid to purehaaeand ililpaiial
Cotton on order for Splnnera and Kxponara.
Beat of lefaranoea lBml*liad.^&»T«apu«Uii»e
solicited.
Cotton Factona,
VICKSBBRG,
iniSS.
Orders to Purchase Cotton in our market solicited
* STltJLMAK
Refer to Messrs
New York.
WOODWAKK
John F. Wheless
&
WOBK8 AT
ORICNT.
COMMISSION MERCHANTS
NA9HV1LLK, TENNKS8KB.
Special attention given o Spinner*' order*.
Corra-
•'KS«°ais«i?-Tblrd and Fourth NaUonal Bank
and Proprietors of Tax Cbbomcui.
I
The Atlantic &
Virginia.
Fertilizing Co.
OFFER THEIR STANDARD BRANDS
Co.,
COTTON
L.
AHMOXIATED BOSE SCPEMBOWUATB OF LOCa^
AXO
•<
ORIENT COMPLETE MANDBB,"
a good working ••"i,'" "fS^lTjI?
ootton-growlng«)untT. Apply (with rafatencej to-
And want
W.
CRENSHAW^, Prea»«,
CBXSSBATT WAKsaorgi,
G.
THE CHRONKJLE.
&
Stillman,
SBAUBN'S BANK BUILDING,
76 TTall Street,
NEW YORK.
Nob. 74
tc
eENEBAL COMMISSION MERCHANTS
LOA.\S inADB ON ACCKPTABLB
INMAN,SWANN&Co
COTTON
COMMISSION MERCHANTS,
Cotton Kzchange Building:,
101 Pearl Street,
New
York.
SECITRITY.
Liberal advances
LOANS MADE ON
made on Consignments.
Special attention paid to the execution of orders
SOUTHERN SECURITIES.
for the purchase or sale of contracts for future
COTTON FACTORS
AND COMMISSION MERCHANTS,
121 ChestnutoSt., Pbtladelpliia.
LSOMAN, A 2BAHAH &
Lbhman, Durb & Co
CO.,
LEHMAN BRO'S,
Cotton AND Factors
COmmSSION mERCHA^TS,
EZCHANGK
40
Henry Hentz & Co.,
O ENERAL
oominissioN merchants,
8
Sontb tVUllam
York.
JAMES
LIVERPOOL, LONDON AND GLASGOW.
Also execute orders for Merchandise through
FINLAY, MVIR
Messrs.
CO.,
ic
CALCUTTA AND BOMBAY'.
CONTRACTS FOR FUTURE DELIVERY COTTON bought and sold on commission in New York
HXNBT
H. WAEK.
Schroeder,
COTTON COMMISSION MERCHANTS.
Ill Pearl Street,
New
Tainter,
GENEBAI. COTTON MERCHANTS,
97 PEARL STREET, NEW YORK.
Future " orders executed at N. Y. Cotton Exch'ge
96 STONE STREET,
Co.,
6c
NEW YORK,
W.
jtiercitants,
WATTS &
C.
B.
CO.,
Wm.Mohr.
Babtlett
Pool
&
8.
NEW
COTTON COMMISSION MERCHANTS,
53
STONE STREET,
Consignments
solicited
ton Exchanges in N.
E.
S.
Y.,
NEW
YORK.
Orders executed at Cot-
NewOrleans and Liverpool.
Jemison
&
Co.,
BANKERS
COTTON COMMISSION MERCHANTS"
No. 10 Old Slip, New York.
MOODT & JEMISON, Galveston,
&
Co.,
COTTON BROKERS,
136 PEARI. STREET, NEW
YORK.
Geo. Copeland
Gins, Gin Feeders and
M. Waters
&
Special attention given to investment securiti s
Whiting Paper Co.,
MASS.
Bankers' Ledger and Record Papers.
Mncbine Hand-Made Papers.
Antique Parcliment PapersPlated Papers.
Bond Papers.
AGENTS:
JAMES
45
D.
WHITMORE
CONRAD &
&.
J.
MARTIN,
80
President.
Secretary.
iETNA
Insurance
Company
OF HARTFORD.
$7,076,680
unpaid losses and
re-insurance fund
Liabilities for
1,658,110
3,000,000
Capital
NET SURPLUS
2 Cortlandt
\ii.
$3,418,670
St.,
New
ALEX.ANDER,
JAS. A.
York.
Asen't.
&
Liverpool
London S' Globe
Insurance Company^
45 William St.
JAMES
HENRY
E.
PULSFORD,
&
Resident Manager
W. EATON, Deputj- Manager.
Asst.
North
Deputy Manager.
British
Mercantile
Co.
Ins.
OF
EOKDON
Al\D EDINBIJRKH.
United Stales Board of Manageaient,
iV^TF YORK :
SOLON HUMPHREYS, Ch'i'n,(^. D.Morgan & Co
DAVID D0W8, Esq. (David Dows & Co.)
E. P. FABBRI, Esq. (Urexel, Morgan & Co.)
Hos. S. B. CHITTENDEN.
EZRA WHITE, Esq.
J. J.
A8C0K,
Esq.
CHAS. E. WHITE, SAM. P. BLAGDEN,
Office
MANAOEBS,
54 W^llUam St.,
N ew
Yorfc.
Lyontfuercial
CO.,
I^OKHS.
Union
IS botti.es,
from imported Saaser Hops and choice
Bohemian Barley, universally acknowledged the
best and healthiest Beer in the world. Warranted
to keep in all climates. Agents wanted in all towns
ALFRED
L^o.
PELL,
Resident Manager,
maele
Grocer for Conrud's Bwiwetoer,
Ins.
(OF LONDON),
BUDWEISER EAOERBEER,
yaw
16
CO.,
Branches in Leadville, JKtk.va Vista and OimNISON CITY, Col.; Da llas and Houston, Tex.
.d»k
00
47
68
8,429 83
WASHBURN,
H.
J.
BEEKMAN STREET, NEW YORK.
ST.
652.250
88,310
142.103
66,101
$8,390,283
CHAS.
Co.,
BROAD STREET, NEAV YORK.
HOEIOKE,
^
339,576
191,350 00
poli-
Total
GEO. W. HOYT,
COTTON COMMISSION MJERCHANTS AND
BANKERS,
Si
1.852.988 00
2,724,500 ID
cies issued at this office
COTTON GINS FOR EXPORT.
R.
on
estate
Premiums due and uncollected on
Sole Proprietors of the "Original Budweiser."
Trademark registered if' 1817.
Texas.
»32«,88Z 45
first lien
United States stocks (market value)
Bank and railroad stocks (market value)
State and municipal b'ds (market value)
IjOans on stocks, payable on demand
(market value »H()6.896 49).
Interest due on 1st July, 1880
Balance in hands of agents
LONDON, CONN.,
Condensers.
C.
AND
FIRE INSURANCE:
real estate (worth $4.144,950)
CO.,
MAXUFAOTUBERS OF THE CELEBRATED
Johnston.
Johnston,
in Banks
Bonds and mortgages, being
Cash
Ileal
89
the United States, available for the PAY.
of LOSSES by FIRE and for the protec-
in
tion of Pollcy-Holders of
Stkxet.
IHiscellaneous.
DERS FOR FUTURE CONTRACTS.
EIRA.M Pool.
Wall
THE BROn'iX
Cotton Gin Company,
YORK.
Special attention given to the execution of Olfc
.$6,390,233
MENT
LIVERPOOL,
BABCOCK. BKOTHEKS A
Mohr, Hanemann & Co.
NEW
Held
00
166,391 83
1,366,888 06
Cash Assets
Receive consignments of C'ltton and other Prodncf
and execute orders at the Ezchaniiea In Liverpool.
Represented In New York at the otuce of
Brown Cotton
COTTOX BROKERS,
133 PEAKL STREET,
1,8-56,9.54
COMMISSION MERCHANTS,
17 Water Strevt,
W.Hanemank. CLEMENS Fischer
U.
adrances made on con
F.BABCOCK&CO.
BROWN'S BUILDING, LIVERPOOL.
16
I^lberal
50
Watts, Haswell & Co. will make advances on Cotton and other Produce consigned to them, or to W,
C. Watts & Co. Special attention given to the executiou of orders for the purchase or sale of Cotton
n Liverpool for future delivery, etc.
Reserve for Reinsurance
Reserve for Unpaid Leases
Net Surplus
ttirnmenta.
COTTON FACTORS
AM> conmssioN
SHOWING THE
CONDITION OF THE COMPANY ON THE FIRST
DAY OF JULY, 1880.
CASH CAPITAL
$3,000,000 00
Assets July 1,1880
cr the purchaf-e or sale of contracts for future delirery of cotton.
W.C. WATTS. David HASWELL. Chas. W. Watts.
Thomas J Slaughter, Special.
Watts, Haswell
OFFICE, 119 BROADWAY.
Finy-Fourth Seml-aannal Statement,
York.
Special attcnticn puid to the execution of o^d4r^
&
OF NEW YORK,
OILLIAT SCHROXBKB
&
Ware
Nenr York.
Waldron
Company
Insurance
and Liverpool: also at New Orleans through Messrs.
Samuel H. Buck & Co.
PI.ACB.
brders exeeated at the Cotton Exchanges In Ke»
?ork and *-i»crpG»l aad »4TaBcea made on Cotiot
aod other produce consigned to na, or to our corre
spondentB In Liverpool, Me srs. B. Newgaas & ('o
and Meaara L. Rosenheim & Sons.
New
St.,
Advances made on Consignments to
FINL.AY ic CO.,
niessrs.
Montgomery, Ala.
New Crlpans, La.
HOME
SUMMARY OF ASSETS
dellyery of cotton.
Geo-H.McFadden & Bro
25, 1880.
Insurance.
Cotton.
Cotton.
Woodward
(.DscEMaBB
3r
&
89 Wall Street
iii^lH
|ii.•:«^.*^..
&..£_
HG
1
C7
V.31
-*->-^
The Commercial and
financial chronicle
PLEASE
CARDS OR
DO NOT REMOVE
SLIPS
UNIVERSITY
FROM
THIS
OF TORONTO
POCKET
LIBRARY
i
,\^^j»A
-
i^
m
r^
MnM
'm^r^ ^r^:^'^^CSr^
'f^'^
^''f'^'l/-%
^'^
;^v/^w.
•'^
A w^mm'
V
1
'
''<>->
^^
^.
^' ^
r^ A ^««s
iMiM^\
^,
A
f
^«
r^i^i
'R«
^
SSIS^V^
^c<'^u
i.-^:i^^!^'/^-
r\ r-:
#a>T f/<=^T
,^v>
f-'A^O
'>i
A A A- >^ m Q ^ /^ rs
0fS^-f^:
A/^.
kKiSe^lsSi^
S^^K^^
'
..
"^
^'
@FedFRASER