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HUNT'S MER()HANT8' MAGAZINE.
REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OF THE UNITED STATES.
SATURDAY, DBCEMBBR
VOL. 2L
CONTF^'TS
TBB
Oaltal
5il
tut—ma Onort on lb*
8arrca4v of Mlk at iMttag.
%.
MalM taporu and
Bs-
for Oclabar
Tm Debt SlBlaaaat tar TfonmLaiml MuaauryMMUaauaaRtal
f»niio«» < New SoKU SuiMianL
ll lW btcnMs la iha Saw
Ka(ll«h
K*w*
.
i
N«w»
Mnaactal Brr<«« oT Konvabcr.
atS
TBI BAttUMtS UAXBTTB.
Mo^
ially,
because their discussion disturbed tho
which
is
vital
MS
Hub*!' MarkaL C. B. SacarltlM,
K*if«a7
OoM MarfcM,
r(irrl|« Izckaac*, Raw York
Cllr iMka. BoaMB Baaka,
features, but their general inflacnce
was
stability
a fundamental requisite for the currency system
sn of any commercial country. This stability, as we have
often .shown, cannot be compromised or tampered with,
except at the risk of the most profound mischief to the
SM
bet. l<r>
bpnrtiac MaaaiKiarM.
l
Duru
them good
NO. 545.
prejudicial to bosiness, both for other reasons and, espec-
OUltUNIULB.
OWEHM tad th« riMadil OatkSk
Tt« V.
of
1875
4,
UaorailiMM of *tc«ka sad Boada
nation
interests
The currency system
of<«ociety.
may be compared
of a
one of those powerful
!f •« Tork Local tt-corlUa*
laTaNOMat aad ttaia, OUfmA
"elevators"
which
are
seen
every
day engaged in loading
OorpanUoa FlaaacM
TBB OOMMBNClAI, TIIIBi.
and unloading our steamers. The elevator has a twotmtnrfOutd:...
MS
fold ofBoe. It stoMt the commodities and it meaturtt
U7 rriewCUTMI.
1)
them at tlie same time. So is it with the great machine
of the currency, it moves the exchangeable values of the
€))xonxt\t.
country and it applies to them a precise standard of meastm% roWMKRCIAL AND Kl!f A!«CIiU. Cbmonici^ u imuU •»
urement. But as everybody sees how inefficient for its
dJiif marninj, itU\ Ihs latstt imim up U midiUtht
»f KrH4t$,
work would be an elevator, whose stability could not be
depended
upon whose measuring accuracy could nqt be
ruHB or •aBtouraoB-PATABu aotakoi.
Taa ComnaouL uro Ta^mjui. CaaoaMka, dallvwad by cantor ta at* tnisted, and whose activity of movement was unsteady
Mbw^nka*. aa4 aaOod la aU alfccnc
^^, \>y parity of reasoning, it is evident that cur^^nper
O«o Toar (lacta«ia« paauga)..
J—
«•?
rar Sii Maaita.
ell
!}
currency system, for like defects of instability, must have
«>n ba eaatlaaod aaUl or4ond owppol ly a wrUtm ardtr
'" »0et. Tb« I'libiunen caoaiX b« roapouaibU
trttVu
for Raaltworked for several years no small degree of mischief.
br OraTu nr Poot-Oflca Moaoj Octfora.
Now, wA are far from contending that our currency is
A4Tani*aa**Bla.
_
TVaaotaM adTortlraooto on paMMMd al « acaU ^m Haa tar oock
wholly set frea from its old vice of instability,
loa, bat oiloa 4«4aMa
ifo litaa for tva, or Mani, laoor loaa, a
.
.
.
to
®bt
—
a
'
dtwnaat
MOdo
to
!
•1'
!
!
!Co pcoortM of coatlaaoaa
paMlcMlna
la Ibo
bMl
rtw* eoa bo tl«aa.Mail ad*or<l*w« laaM ban «qaal oppgrtaaldoa. Spoc
Wtf i la Boakloc oad naaaetal mloaa roau por Da« oaek laocrtHm.
M
\'>
has l>sm and
Tho Lxadoa oAeo «f Ibo Caaoaiou I* ol No. S Aa>tla Frian, Old Broad
io«. «b<*a aamcrlpM—k Ma >*aoB at Ibo follnvlac raloo :
AaaaalltabocnpilaaiaiboCbroBlcicOBCladlBapaatMo)
JB Ik.
BlaMMWriKMriplloa
W^.TT.
WUajAM
ou
runra, i%.
o..
A
k
^
B.
T» aad
I
Kip't,
OAWA » OO., rBbllobaf%
WiUlam tlrMi, NKW TORK.
POrr Omra Box 4 9M.
U
I(
I
eaoiptato wt of Ibo noaaoKa*!. abb TtBAaciAL Oaaoaicba—Joly
Aloo oao aotof UavTolUaoaAan
. la 'tata-l* tar Mlo ot Ibo odtaa.
tAaAkiak, ISM to mi, •tn/.throa rolaMio.
toi
M
laiaorU
la
Tbo
B—
Do^ortaoat o( iba CnomoLa U ronoooatod aaiosg
bj Mr. /rod. W. Joom.
Now York CUr
GI^HI'S IHI TIB
is less
prospect of
it.
of this vice than there
We are freed from some
That this is so may be eastly demonHtratcdwe have appointed a day on which specie pay-
ments are to begin. Next, the faith of the nation is
ple<lgcd to carry out the policy, and wc are actually
Moreover, we are making
preiiaring for resumption.
hopeful progress towards that end, and no attempts
which maybe made by the paper-money men to subvert or delay our advance towards specie payments are
n yarded intkaO^uch apprehension by the friends of a
8t)iind currency.
This and other circumstances give a
A
<->!
that there
the palt
!
aoat tl»«DTor la taraWlod at UcaaU; pootaco oa Ibo com*
ikdtarrakocrlboroat >l M.
Tilw n >
is,
leas
of the,«Hues of instability which have been so active in
to.
1
tay
ol
fmrnii
OCTLOOI.
gt.ibility to the currency side of our financial fabric,
which the Trcaaarj and in this stability we see one of the hopeful features
vpnrU Tcceive from the mercantile Bml banking cIbmoo of the monetary situation.
Leaving these general views, however, we find equal
hroagfaoot the country, the beginning of a new session
From
f
the geoeral
CoDgrBM
description
offers facilities of special valne for
making ctuse
for satisfaction
if
we look
to the condition of the
throughout the conntr/. Our banking mechanism
estimate of the financial sitnation. For sereral years
has
been
put to a very severe strain by the disasters of
we
have
scarcely
had
more
It
a
promising state of
But, if we look
Bga than exists at the present moment. At least we 1H73 and the two following years.
ba'iks
\
lid
id
exempt from several prominent canws of monetary closely at the statistics, wc shall find reason to wonder that
indastrial troabic which have agitated commerce the bank failures have been so small, and that our banking machinery has suffer«d so
Since the close of the war, for example,
a session of Congress has opened withoat the
trade.
ily
tion that a mnltitade of
roposed for currency reform.
cmde
These plans had many
which for three or four vears it
There have been a few failures in each of the
four departments of our banking system among the
exposed.
plans wonid be
I
from the pressure to
has been continuously
little
—
THE CHRONICLE.
622
National banks, the State banks, the private banks and
Next week we shall give some official
[Pecember
But the
as to these failures.
subject prove
two
facts,
statistics
on
OP BILLS OP LADING.
As some
this
nanely, that the proportion of
1875,
THE USIITED STATES SUPREME COURT OS THE SURRENDE
the savings banks.
details
4,
in
anxiety has been awakened
among our bank
regard to the decision just given by the United State
the failures to the risks have been small, and that the Supreme Court, enforcing the surrender of bills of ladin
comparison of these bank disasters with similar troubles to the acceptors of time-drafts, wo have been requeste
not to the disadvantage of to give some account of this adjudication and of th
this favorable comparison rights .ind duty of the banks as affected by it.
Ther
shonld not weaken our efforts to correct present evils, or is no doubt that the view adopted by the Suprem
The facts will Court is founded upon a solid basis of reason and law
to watch against approaching dangers.
on the continent of Europe
the (Jnited States.
is
Of course
they do not stimulate us to but from peculiar circumstances connected with the floi
attempt, both in and out of Congress, to accelerate the of capital towards the west and south, the usages hav
progress of our financial system and to further those been varied; and our banks, as well as those of Bosto
lose their proper effect if
improvements which are so necessary to help us on to and Philadelphia, have often refused to deliver bills o
specie payments and to a sounder currency and banking lading accompanying time-drafts to the acceptors o
system.
such drafts until the drafts were actually paid. Thei
Thirdly, the reserves held in our New York banks are argument was that if the drawer of the bill had attache(
It is another illustration of the strength of the
large.
bank t'
bank would lose this guai
although since the Ist of October these reserves have antee, if its New York correspondent were to give u
And, as will be seen by the bill of lading before the drawer had paid for th
fallen nearly 20 millions.
the Debt Statement, which we publish elsewhere, the goods in actual cash. The recent decision declares tha
financial position that our
special deposits of the
from
bank reserves are
still
ample,
thereto the
whom
banks in the Treasury have fallen the
60 millions, October
1,
to
142,610,000 to-day.
This decline corresponds almost exactly with that of the
greenback reserve of the banks, which has fallen from
66 millions, at the beginning of October, to the present
This drain of greenbacks has, •f
level of $47,C38,900.
course, been caused by the sending of currency to the
"West and South but what is important to observe is,
that it has left the banks with a surplus of 19,349,300 in
;
bill
of lading as a security to the
he sold the
draft, the
of lading must be given up, except there be
agreement to hold them. Of course the agret
ment between the parties will be enforced by the court
when any such agreement has been made, but in the ab
sence of any special stipulation empowering the bank o
its correspondent to hold bills of lading, and to detacl
them from time-drafts to which they belong, the Su
preme Court of the United States has declared that th
acceptor has a right to the bill of lading, which must b^
bills
special
minimum. The drain is now almost given up to him when the draft is presented for his ac
may, perhaps, continue to the extent of two or ceptince.
three millions more; but in all probability it will stop
The suit in this case was brought by the Merchanti
before half that sum has been sent away. Hence we may National Bank of Memphis against the National Ban
infer that our banks, when they have met all probable of Commerce of Boston. The plaintiff had bought sev
demands upon them, will still hold 6 or 7 millions of eral bills of exchange, drawn by cotton brokers residin
greenbacks over and above their legal minimum. How- in Memphis, Tenn., on Green & Travis, merchants resic
ever this may be, we are approaching the season when ing in Boston. These drafts, with bills of lading attachec
the return movement of currency sets in from the West were sent to the defendants in Boston with no othe
and South, and this return current will probably set in instructions than that the bills were sent " for collection.
the sooner, from thu circumstance that the western banks The drawees, Messrs. Green & Travis, had a previou
excess of their legal
over.
are
It
now much
better supplied with funds of their
own understanding with
the drawers that the bills of ladinj
should be given up on acceptance of the drafts to whicl
on New York fo? accommodation, the turn in the tide they belonged. But the plaintiff was not aware of thi
of currency begins earlier than it used to do, and is the agreement and bought the drafts in Memphis, expectinj
than formerly.
As
the western banks are less dependent
more speedily over.
"We might mention further and more obvious elements
to hold the bills of lading as security until the drafts wer(
pt strength in the financial situation, but they are suf-
tions to the defendant to hold the bills of lading.
^ciently exhibited in the general ease of money, and in
happened that when Green & Travis claimed these bill
were at once given up on the acceptanw
of the drafts. At maturity the money does not seem t<
have been paid, and the plaintiff sued the defendant foi
the amount and got judgment in the Court below, when
Mr. Justice Shepley ruled that the defendant was liahli
to the plaintiff, the Bank of Memphis, for having sur
rendered these bills of lading on acceptance of the time
drafts, and that these drafts ought to have been heh
the absence of any extreme sensitiveness such as never
fails
to
exhibit itself on frequent occasions,
when
the
iponetary situation is lacking in stability. Such occasions
have been furnished of late by the run on several weak
^avkigs banks here and in Boston,
by the rumor of
by the unsettled state of certain
European money markets, and by other circumstances,
which could not have failed, in a weaker and less stable
trouble with Cuba,
condition of things, to have precipitated trouble,
if
not
duster, into our own monetary movements.
If, however, on the whole, the monetary situation is
favorable, it depends on Congress to keep it so. The
present monetary stability, as.we have often demonstrated,
i& largely dependent on the conviction, which is general
throughout the country, that nothing will be done during
the present session to disturb the work of reforming the
currency and resuming specie payments to which the
commerce and business of the country are now rapidly
adjusting their movements.
-,
—
actually paid.
The
plaintiff,
however, sent no instruc
Henci
it
of lading, they
even without instnictions to hold them.
This decision the U. S. Supreme Court has reversed
Among the reasons for this ruling two are of special im
portance in a practical point of view. First, the Ccnri
argues that a time-draft suggests the inference that th«
goods referred to in the attached bill of lading are sold
and are to be available for the payment of tli<
acceptance; or else that the goods are consigned to b(
sold on account of the shipper and are to be remitted
on
credit,
when the draft is paid; or, finally, that the draft is
demand for an advance iroTH the drf^wee to the drawer
for
n
Df camb
r 4,
1376
THE chuonicle.
]
In all these cases the possession of the
goods
is
on the cotton consigned, or bailments to i>e sold on the consignor's tccount, the drawee-* were entitled to the po.osession of
the cotton before they could be requireii to accept, and that if
they had declined to accept because possession was denied to
them, concurrently with their acceptance, the effect would have
been to discharge the drawers and indorsers of the drafts. The
demand of acceptance, coupled with a claim to retain the bills of
lading, would have been an InsutSclent demand. Parely, the
purpose ot putting the bills of lading into the hands of the bank
was to sesure the completion of the drafts by obtaining addHlonal
names upon them, and not to discharge the drawers and
obviously
a prior condition, which can be claimed and shonld be
performed before acceptance.
discuss as follows
523
These points the Court
:
Bat it teems to be a natoral laferenee, indeed a neeeSMiry implicatioD. from a time draft, accompaoied by a bill ot lading, indorsed
in blank, that the mereUaodiae fwhich in this case was cotton)
pecitied in the bill was sold on credit, to be paid for by the
acevpted dratt, or that the draft is a demand for an adraDce on
the (hipment, or that the transaction is a oonsignm«ni to be sold
by the drawee on account of the sbipper. It la difficalt to con-
bank only a
iodoiaers, leaving the
It is easy to see
any other meaning the instruments can bare. If so, in
the abaaDoe of any ezpreaa arrani^ment to the contnry, the
crive of
of banks to
aeoeptor, if a purchaser, la clearly fotltltid to the poawaaioa of
the goods on his accepting the bill, and thas giving the vendor a
completed contract for payment. This would not be doubted if,
instead of an accrptance, he had given a promissory note for the
goods, payable at the expiration o( the stipulated credit. In such
a ease it is cl<>ar the render could not retain possession of the subject uf the sale after rt-ceiviog the note for the price. The idea of
a sale on credit is that the vendee (a to hare the thing sold, on
his assumption to pay, and iMfore actual payment
The eon•Sderation of the sale ia the note. But an acceptor of a bill of
exchange stands in the same position as the maker of a promissory
note.
If he has purchased on credit and is denied posaeaainn
until be shall make payment, the transaction eeaaea to be what It
was iDlended, and Is converted Into a ea>h sale. Ererrbodr
aoderMaad* that a sale on credit entitle* the purchaser to i'mme.
diata possrasioa of the property sold,
anlesa there b« a
special agreement that it may be retained by the rendor, tad such Is the welf reeogolMd doctrine of the law.
Tue reason for this is thai very often, and with merchants generally, the thing purchased is needed to provide means for the deferred payment of the price
hence, it is justly Inferred thai the
thing is inteodrd to pass at once within the control of the i<ur.
chasvr.
I*
admitted
that
It
a differenv arrangement may be stipuRven la a rrrdit t\\e it may be agrved by the parties
lated for.
that the vendor shall retain the subject oatil the expirsUoo of
the credit, as a eecnrity for the payment of the sam stipulated
resort to the cotton pledged.
from these arguments what
whom
is
the duty
drafts are offered for discount, or are
sent for collection
with
bills
of lading attached.
On
acc^tancc of the drafts these banks are bound to give
up the bills of lading, unless there is some agreement to
separate the drafts from the bills of lading.
Hence it
follows that
if
acceptance, and
a bank discounts such a draft before
if
it
wishes to hold the
be done;
first,
drawer to that
tions must be
bill
of lading
two things must
an agreement must be made with the
until the acceptance is actually
effect,
and,
paid,
secondly,
specifio
instruc-
forwarded to the correspondent, to
whom the draft and the bill of lading are sent for
colletition.
Thus in the case before us the C/Ourt
ruled that the bank of Commerce was not liable to
the plaintiff bank of Memphis for a breach of duty ia
.surrendering the bills of lading on acceptance of the
drafts, the reason being that the Bank of C,>mmcrco had
;
no special instructions to retain the
bills
of lading until
payment of the aooeptanoes. In the absence of such
but t( so, the agreement is special, something superadded to an
ordinary contract of sale on credit, the existence of which is not special instructions the bank was fully justified in giving
to be prrsom-d. Therefore, in a caae where the drawing of a
up the bills of lading, and it was the duty of the bank to
time draft against a eooaigniiMat raises the imp'.ieation that the
goods consigned have baea sold oa credit, the agent to whom the do §o. We observe that seven! of our city banks have
;
sad the bill of lading to be delivered have
this vaek beeo sending circulars to this effect to their
been rnlrasted cannot reasonably be required to know, without
This is a good
in9trurtion,tbat the transaction Is not what it purport* to be. He Hootkcm wid Western correspondents.
has no right to aaaiime and act on the aasamptiia that the venof the bankknowledge
the
way of bringing the facts to
dee's term of credit miut expire before he can have the goods,
should make
who
country,
the
throughout
and that he Is bound to accept the draft, thus making himself ing community
abeoliitrly responsible for the sum nam*vi therein, and reiving
themselves familiar with their rights and duties under
thn vendor 'n eagagrmeat to deliver at a future time. This
the recent decision, without delay.
lid be treaiicg a sale ao eredit as a OMre axeeotory contract
to sell at a subarqusnt dal*.
draft to be accepted
Xn
On
I
tbaae grounds, then, the Court held that
dtscoiinter of the bills of
exchange
in qneation
if
the
BINRTL16 IINIFACTDBBS.
wished to
Our manufacturing industries have now reached a
The high pressure under
tuminp-point
in their history.
drafts to which they belonged, bis right to do so must
living, has resulted in
been
years
we
have
which
of
late
rest upon a special agreentent a8«ente<l to by all the parJust as railroads
needs.
country's
the
beyond
growth
a
ties. Similar reasoning was applied to the second claim set
fa-ster than they were required, so cotmuch
built
were
up namely, that the bills of la<ring were a special
have increased, and fonnderies,
security and an additional gnaruttce, on the faith of ton and woolen spindles
even before the panic, overwhich the Bank of Memphis diaoooated the bills drawn ete., been multiplying until,
complaint. In a word, we
universal
on <lrefn <t Travis. On this point, as on the other, the production was the
cotton factories, more
more
factories,
woolen
Court decidol that the Bank nf Memphis should have have more
lock factories, and more every
more
factories,
paper
protected itself by a special stipulation. The ^lucstion is
kind of factory than any healthy home consuroptioh can
argued as follows:
keep running on full time.
It Is urged that the bills of lading were enntratrts eoltataral to
the bills of exrhsng>i which the bank d"nnd that wlii'n
Rut the present dull trade and depression in prices is
transferred tbey beesme a seearity for
nl obligaii' n,
almost able successfully
namely, the contract evldenred by the bii.f< m piciiange for the devolo^gf^bc fact that we are
whole rnntrart. and n"t a [art of it. and that the wAoU contract to compete in the markets of the world for outside conrequired not only the acceptance, but the payaent of the bills.
for our languishThe argument asvumes the rery thlrg to be prored, to wit That sumption, and thus obuin (luicker relief
the traosfe- nf ():•• liil'ii nf lading were made lo secare the pay- ing industries than waiting for the slow growth in home
ment of
'f<lt>- of this, ss we
bare seen. Is to
consumption to overtake our producing power. Cannot
be infer-'
la'lttijr and the time drafts drawn
against tn*" ronsu^nmeni'*. uneiplaintid by express stloalations. our leitislators see that all we require is a little statesTlic bank, wbell nseoontiDg the drafts, was bound to know that
must be able to produ(;e
Washington.
tke drawers oa titair acceptance were entitled to the cotton, aoJ, manship at
of cnunw, to the erideneesof title to Ic. If so. they knew that goods cheaper, and nothing stands in the way of onr
the b(ll* of lifflng emitd not be a security for the ultimate pay
doing it but an inflated, disoiganized currency and the
meal of
of the drafts by the drawees wa«
ao part
the dlsconniK were made. The bills taxes upon articles entering into and thus enhancing the
of exch*r(;>- w. r» ti.n ir.i-oraple'e. They needed acceptance.
production. We can send cotton goods to England
They were discounted In the expectation that they would be cost of
When our cnrrency is
and
sell them at a loss.
s ew p led, aad that thus the bank would obtain additional now
promiasoTs. Tlie whnle por{>nse nf the transfers of the bills ol
righted and our system of Uxation remodeled, we can
lading loth" bank mar. th"rr>fnre, w.|! liavf hrr-n satisfied when
All
profit.
tiland when the •end them there and sell them at a splendid
'l'»
We have this is easily dempnstrated by a comparison of prices. A
.-.ire.
alr'iwiT ».-en mat wtieiner itir lirnun ani the accompaaylag bills
prospect as onr own at
•f lad sf evMaaeed saJaa oa credit, or rc^aspta for a4raaaemen(a (Couutry never had so promising a
bold the
bills
of l.nding, so
M to separato them from the
—
'
,
;
:
'
We
'
>
-
;
THE CHRONICLR
524
the present day,
if
we
[iJeceniber 4, 1S75.
could only be rid of the chains molasses, melaio
or boiled cane juice is ascertained. Thestandard for molasses for refininpr purposes is for instance assumed
to be 50 per cent. If a lot of molasses polarizes above the
standard, the purchaser pays a proportionately higher price, if
which fetter us.
These thoughts are suggested by the little impulse in
the export movement, which, at the present low and unre- less, he deducts that percentage. To buy a lot
of molasses
munerative prices, has been given to some of our manu- merely by the color, body or flavor, was a sort of bap-hazard
factures.
Much has been said with regard to the ship- game. And yet we followed that plan until the beginning of the
ment of cotton goods to England. Of course this is but present sugar season, when the polarization standard was adopted
a
by both the
stream and one that would dry up very quickly,
has induced
there was any profit in the sale of the same goods on
little
if
refiner
and the merchant.
Modern chemical
science
this change, to the saligfactioa of the producer,
the
importer and the refiner.
A slight decrease, however, in the cost of Thus
manufacture, would make this incipient export move- as the
ment not only permanent, but largely increase its volume the old
and variety, infusing new life and growth into almost rapidly
this side.
every industry.
direction,
one
As an
of
the
illustration in quite a different
English hardware
papers, the
gradually polarization
only true guide of
is
being everywliere
saccharine quality in
adopted
sugar, and
Dutch standard, which judged by color only,
is
now
being abandoned. Nobody has suffered severer losses
by the old standard than the Government.
According to
the assertions of revenue officers, strong and perfectly white
sugars have been purposely dyed abroad, both cane and beet root,
Ironmonger, some six weeks ago, contained the following and by a darker coloring reduced to a comparatively low standari.
passage from an agent of one of the Birmingham firms After these spuriously dyed sugars had been got through the
" You will notice that our Custom n luees, a process of deeolorization was resorted to through
at Melbourne, Australia
steaming, nnd the importers and manipulators pocketed the profit.
indent runs more on American ironmongery than formerly.
:
The following are the present sugar duties On all sugar not
Their goods are far superior to English made, and latterly
above No. 7 Dutch standard, 2 316 cents above No. 7 and not
they have been mui'h cheaper. There is no comparison above No. 10.
3i above No. 10 and not above No. 1.3, 3 1316
in the profits they pay us, and they give universal satis- above No. 13 and not above No. 16,6 7-16 above No. 16 and not
faction.
Small wares, books, tools, &c., indeed, all sorts above No. 20, 4 1-16 all above No. 20 and on refined, 5 and on
:
;
;
;
;
;
;
American-made goods, are now being sold in the melado and tank bottoms, 1| cents per pound.
From this scale it will be readily perceived to what extent the
market, and when once used, seen, or sold, the user or
Government has laid itself open to fraud at the hands of design,
buyer will never again look at English-made articles of ing parties, and it is about time that energetic measures should
the same class."
be taken for the purpose of remedying an evil which only a scienof
Great as the hardship may have been to which our tific search can effectually remove.
The facility of refining in bond is also desirable, as it will do
manufacturers of all kinds of goods have been subaway
with the drawback, and ii matter of mutual discontent or
jected since the panic, there is this satisfaction and conthe means of stimulating an export trade and showing
doubt will thus disappear, and the Government, under all circumstances, derive the revenue from these articles which Congress
may determine, without favor or partiality to any branch of indus-
us what can be done
try connected therewith.
solation, that the greater cheapness at
when
influences are removed.
home has thus been
the present disorganizing
May we
not then hope that the
Such being the
case,
we
can but applaud the action of the
advantages gained are likely to be pennanent. Our department, and trust that a speedy solution of this important
may be had in the premises.
shipping facilities to Australia and New Zealand have question
been greatly extended since the establishment of a
BRITISH INTERESTS I\ TIIS SiiEZ CANU.
monthly line of steamers between San Francisco and
According to an assertion of the London Times, cabled to the
those countries, and there is no reason, except the evils
of our own making, wliy our trade Avith them should
not become far more important.
Australia and the Cape will perform an important
part at the Centennial next year.
They
will exhibit
Government has bought
from the Khedive of Egypt €4.000,000 worth of siiares of the
Suez Canal Company, or, say 177,000 out of the 400,000 shares
into which the company's capital is divided, subject to Parliamentary approval.
This piece of news shows that England at length appreciates
Associated Press of this city, the British
wool and minerals, and in turn a chance will be the importance of securing a controlling interest in this work.
afforded them to 'view our goods alongside of those of The wonder has been that she should not sooner have taken this
all Europe.
That the comparison drawn will in many step, for her relations to India, and the Eastern world generally,
respects be to the benefit of American machinists and are such ttat in certain contingencies it would be quite necessary
Besides, her use
no other power should have thit control.
manufacturers, we have little doubt, and the result can
of the canal now is much in excess of any other nation. Out of
be, if our legislators will only permit it, a renewed
the 5,230 vessels which made the transit from December 1, 18G9,
their
impulse to business relations already quite important
for Australia at the
present day takes in large and
increasing quantities from us, petroleum, agricultui-al
implements, hardware, sewing machines, soap, &c., to
which
it
fabrics,
be an easy matter to add cotton and woolen
will
and leather goods.
PROPOSED NEW SDGAR STANDARD.
According to a dispatch from WasUington this week the
Treasury Department has prepared ». circular, to be gent to the
ollectorBof castoms at all the large ports on the Atlantic and
Qalf coasts, apking for an expression of viewa upon the general
abject of a change in the mode of classification and grading of
Jgars. The points euirgested to the department are the followFirst
ing
That sugars should be graded by polarization.
Second That the Gorernment should adopt the system of refining in bond, as is done in England, Germany, and other countries.
Third Enumerating seven grades of sugar, melado and
molasses, each to be assessed differently " ad valorem " and
:
—
—
—
passage of men-of-war to the East. But the whole aspfCt would
change in case of political complications between the treaty
powers. When the canal was first planned, Lird Palmerston
opposed the project strenuously, but Napoleon III., with the
engineering skill of Lesseps at his back and unlimited means at
pushed the matter to a successful issue. His position at the time was so strong, that the English withdrew all
his disposal,
diplomatic action inimical to the project.
Since then the canal has proved a commercial and financial
success.
the chemical process by means of which the
contents of laceharine, i. e. cryatallizable matter in sugar or
is
During the
month
first
of
its
operation but 10 vessels
passed through, while during the first quarter of 1875 the number reached 455. The progression has been most striking, the
number of
vessels in 1870 being 489; in 1871, 763
in 1873, 1,173
;
;
in 1872, 1,082
;
in 1874. 1.364.
In 1870 the net tonnage amounted to 436,609, producing to the
5,048,944 francs
ia 1874 it reached 1,031,640 tons, producing 24,748,900 francs. The dividend paid to shareholders at
present slightly exceeds 5 per cent annually. Two years ago the
company
specific.
Polarization
were British, and out of the 206,369 soldiers
forwarded 81.102 were British, while Turkey forwarded 74,738
France 30,213, and Holland 12,371. In times of peace any power
friendly tn Turkey and Egypt is at liberty to avail itself of the
canal for the purpose of forwardinar troops and shortening the
to April 1,1875, 8,603
;
X
December
THE CHRONICI.R
1875.]
4,
•haras stood lefs tbsn GO per crnt of the cspiul paid in, while
thej now commsnd a premiam of 30 to 40 per cent.
now
525
Mich gan Central, which fell off sharply just
and on the 30tb touched 57. This decline was on
tuations, except in
at the close,
Ignored as England's Eastern policy seems to have been by the
three Emperors, since the straggle between Turkey and her
rebellions lubjeets, she
takes a position which will probably
The reception
secare her the control ot the Isthmus ot Sae<.
which the Prince of Wales htd in Egypt, on his way to Bombay,
proved that the Khedive in the coming difficulties leans
emphatically on Qreat Kritain. To have the financial control of
the canal, backed by all the naval power of Englani), weald, In
the event of serious complications, be tantamount to actual possession, and, whether they liked it or not, the three Emperors
would have to shape their future plans of the pacification of
sufficiently
rumors, not afterwards confirmed, derogatory to the financial
The Union Pacific Railroad decision
made public on the 30th sent that stock up to 83}.
The following table will show the opening, highest, lowest and
closing prices of railway and miscellaneoas stocks at the New
standing of the company.
York Stock Exchange daring the months of
October.
.
Open. Blsh. Low.
Allway A 8a«qnehann» 101
108
101
AtlanUc A PbcIBc pr«r..
S
4
9X
Central of
New Jersey.
.
IVntnl pKillc
log
ItO
108
100
do
do
do
Five-Tw<nty bonds, of which $5,000,000 were for account of the
siakins fund.
This call exhausts the whole $.M)0,000,000 ot 5
per cent bonds authorised, and clotee very successfully the negotiatWa of those bonds at par in gold, while they have b«eii
growing in favor both in the homo and Loadoa markets.
The groeral elections early in November were also attended
with unusual iatereet, as the financial qaesttoB haa aaver beea
so eoBspieuoasly lovolved, and the resall was geaerslly regarded
as a decided, even if not a oonelnsive, declaration in favor ot a
steady and gtadnal relnrn to specie payment.
Jaal at the eloM ot the month came the decision of the U. 8Supreme Court on the Unloa Pacific Railroad case, which being
the unanimous oondutlon of the Judges and a strong declaration
ia favor of the company, had a marked efbel ta flaaaelal circles,
as it iavolved qneetions which bear directly apoa all the Padfic
railroads In whose behalf abbsidy bonds have been Issued by the
Qovemmenl. A list of t h eas roads, sad the amount of bon«ls
Issued to each, ss well ss the amount of interest paid by the United
States, will be found on aoolker roiumo.
Money was easy throughoat the month, and what the Bank
reserves lust In legal tenders was made up by a gain ta specie.
Oov^mmeot bonds advaaead both here and ia London, and at limes
there was quite an active btudnaas, a part of which was on specn
lallve ac«o«Bt.
I
or eovaaaajDiT
sotnoms
ta
sovBassa,
Jtov.
"n read, (sit «>'n
coap. rrc. nap.
*
a.
4.
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...
m%
•.
S.
».
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a.
a.
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Cleva.*ntUbarzeiiar.
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mi
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ST
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do
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Rows * WBletlDWB
.
.
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.
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pref.
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100
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tax
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to
to
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17 K
lax
lax
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78
48
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47
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itx
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at
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7K
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tl
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to
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itux
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it<
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81
MX
tox
atx
Said declined shortly after the opeaing of the month and
roMmostot the time at 114 to 115. Some strength was imlato in the mmth by tumors of war with Spain, which
so far as known, quite groundless. On gold loans ratCH
waia easy.
oouaiB or bold
-^v »
m
• •
mn
uaw
msw
hots
Ill
i
0_
!•
Wednaaday..
114x'll4X
4
5
Ttaaradar
rrlday
lay.
1
\
Monday
8 IISH
....'.
....
....
lUX U6X
'
iti:4v« i;i'; luj^l 114X1
:I4X| IMS
'
14
'
.17
1<X' liiii;
.
.
i;i
.
mx
114X111 •>.lttX VAi,
for speculative atockH
S'
'
'
....
Il4x:il4>;
,
ao.iiix 1";;
114x1
I
1I«X| Nov., ISTS.. ...hits' U4H
Ml
.16 1
.16 111
V'
Taaaday
9 114'^ 111*.' 115
ToBsday
WsdaaMtej. .10 1tlS|114.S,114X II4X
Thuadajr ... .11 llu!ll4>«'lMX II4K
1
:i4x II4X
114X U4X
Monday
Saaday'....
1\
Taeadsx
Wadaeaday.
.
Sunday
.*
HMKajV.'.'.
.
!>aiarday
'.
lUK
was geiMfatly depressed lo Thandajr... .18 1UM;IM)« IHX
lUX
19 r.4x iHs IIS
the latter ;art of October, but became more animated and buoyant
.to lUH M\%,\\i\ iU4X
III ....I .. .i ....
at the eloaa ot that moath and the opening of November, Stocks
tt'lUH I14X U4X lUii
ta 114X 1I04 "4V '114",'
•abaeqaeatly ml«d comparatively steady withont estrama fine- ^ilsj
The market
s
«sx
lax
57
6
IWX
liiii
1«
tx
lot I
ESi-.:::;:
60X
103X
...
dn
nx
ux
133
HoriBC Moaatala Coal
ciaioB
l'p'aaL*M..a«a'tp*ld
w;s
ist.x
1»
(tt
UX
XsfitasdCeal
10
133
s
6
aa
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nx
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wx
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at
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tax
lOtX
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aiv
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isa
67X
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los
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tx
ii"
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**
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ll.%
5
.
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t
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.
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fix
mx
m
iiox
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ua
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laax ItMi
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lo.x
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'
100
S
wax
101
tt
tx
pref
..
....
tx
67
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S4X
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133
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65X
asH
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MX
6«X
a
itax
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HLLsals,KaB.C*II.. a
do prrf. at
«•
Tarrslsats* iBdlsBsp.
M
IO«X lOSX
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ta
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RaaasdBsr*Bsnt->fB.. lis
Date.
IK', lieji laiw latx
taiw
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117?»
64
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i:
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ii»x taax .... iu3
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17X
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133
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Pltla„r.W. ACbl.caar tTX
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6i;i
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ti
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60
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6
106
106
18,'f
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lOiix
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lOX
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Hart. 141
118X
88X
6
M V.Hsvai *
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K.I.Oaa.*air....
4X
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95
105
mx
34
51
103X
MX MX
W 90X
4X
106
SflX
6S
aS
KaaasrBdae
ICx
LakaAaAMlcb-SoaUi MX
M«ISNa*ClB. lat pref. 10
104
4X
101
SI
IMX
13IX
ItlX
atx
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6TX
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»x
at
IS*
34
6tX
r,n
98
lOS
113
6SX
*tX
19X
»SX
UIX
14X
J8X
n
mx
MIX
Hartaa
praT
do
niiaaisOsabBl
115
6t
68X
itK
u.anBMCo
i
110
»X
106
106
SOX
4«
54X
103
101
4S'
lOli
»X M
UX (tX
3tX n
ICIX
Vai^ParnlzprasB...
i040s
coap.
Wl
III
list;
ir
u.
•
BaetkMi Holiday.
laoK itiM naji
i:t
Ji:
MIX iisu
. .. lUM iwK "IX
.... ii»S
8
10.
II.
ar
aa...
mob mob uatt sttB mc« lo-nh
MM. UH. IMl MfT. 18H. ng.
IllX
Ux
7Bilsd8ialMBzpreas..
IK
imx
lOtX
_
ittn.
\m
SOx
Coluk-ChlcAIiA.C.
Dd!rbek.*We«lem..
DakaneABIouCltr..
103
4X
iiox
40
lOSX
do
IUaalbsl*»t.Jo«1>h..
1 here were several important events in the month of November, which are worthy of special notice as carrying more than a
temporary interest In the financial markets. The Secretary of
the Treasury called in $27,785,000 more of the United States
loa
MX 106.x
lOO
100
M
W
asx
tSX
MX
pref.
* Bock Island.
K
IIH
lit
aos.
C1eva,Cai-ClD.*Iiid..
Knj.
REVIEW OF !iOVElBEB.
and Nov.:
-November.
.
Open. Bieh. Low. Cloa.
,
Rallraa4 Stocks.
nan general
rising in India proper. Great Britain can at no time
bcpnetically hampered In the use of the canal, even were Bussia
ISTolvcd in these troubles.
Oct.
BAHOS or STOCKS Ol OCTOBIB AXD KOTEVBEB.
Turkey aeoordingly.
CblcasoAAllon
W
prof...
^io
10»X
A fact of still more immediate interest in the same connection Chicago,
BarL Jb Qalncj lllx
is the rebellion existing in the Malay peninsula, the importance Cbleaso, MIL * Sl Paol S4X
do pref. SSX
do
of which would be greatly increased, ii the revolt spread into a
ANorthwat'n a^
do
FIfllXCIJL
K
X
H
.
iisxiisx
'
I
utx'iisw
I8J4.. ... lli>X Ito \\\%\ lltx
1878.. .. ||08<4 intX II0I4 )<>''
1878.. ... iis^; \\;\ ;iiv ii*h
"loK
1871..
''io;<
1970.,
IWi.
!<
•
1-
•
1-.
'
18S5.
laai. ... JittH
1883. ....|:46
'
•
Igf.l.
8'ce.li.n.
1.
..
....H»X '»' i^H '"
UtX'IIIW 117S USX
1875
.
,
.
,
THR CHRONICLE.
526
OLOSina PBlOlia op OOSBOLg AKD O.
Consols U. S.
ror
Date.
I
Date.
for
IMK
IMX
Friday...
Saturday.
S.i
I
5-ao,
5-20,
1
MMO
Sunday,. ..ai
Monday.. ..sar,
Tuesday. 88 95 8-16
...
I
103X,1US
Friday... ..26 9IJ4
Tiicpday..
101><;108« lOlsl Suuday.. ..881
Weduesd'
Thursday
108V|10H)( 104X
Friday...,
IMJf'lOSXKMx;
Saturday.
Sunday...
108«.108X,104;4l
....(
Ten Monthi.
Merchanulse,,
'
Monday.. ..S9 95 7-16 101« mii lusv
Tuesday. .80 95 8-16 103X 109X 100>*
...
Opening
I
1U3X 108X|)04}i Lowest
i(i3«iio8« ;04X Closing
103)4 108x1 104K High. (.Since 95X
Friday....
10.'i«!l08J<|l(MX ILow. f Jan.ljOl'/j
Total
"
"
"
"
"
"
"
"
"
"
"
3 days.
60 days.
1..4.78>j@4.79
4.83>i®4.84
S... .Election Holiday
8..4.SI'X@4.81
4.85)iS4.66
4..4.8n>i@4.81
4.85X@4.86
Nov. 17, .4,81
"
"
"
"
"
5..4.79)4®'i.80
4.SSX®4.86
6..4.7".IX®4.80
4.85X@4.86
8
7
8 4.fO (S4.80>^ 4.66 @4.86X
4.87 @4.8TXI
9..4.S1X@4,82
10. .4 81
&i.6i)i 4.86X@4.87
|
4.87X®4.88
4.3;X@4.88
I
1I..4.82J,-®1.83
lS..4.<'2)i@4.f3
13.
4.82M'@4.83
4.88
®4,84>i
4.87>«&>4,g8
@1.88;f
4.87
@4,87X
Ws are able,
4.b7>j@4 bS
Oregon
@4.84>i
®4,83ii
4,87,><@4.83
4,86>i@4,87
War
Bureau of
of 1865,
5-20sof lf67
!>-2l)sof 1863
5s,
Statistics, to
—
—
.
$
$
NC.
Al'xdria.Va.
An'polis, Md
8.20:
Aroost'k,Me
Baltimore ..
Bangor, Me.
B'sUble, M'e
...
5,320
1,643,157 2,106,286
55,656
26
Brazoi',
Tex
1
Br'l&W'nRI
Brunsw'kGa
BuirCrk, NY
Burl ton, NJ
C Vlnc't.Ni
.38,700
3aa,2»
448,119
58,359
1!,436
Casiine, .Me,
Chmpl'n.NY
CharUtn, SC
117,337
18,580 1,974,828
2)-i.,i8;
Ch'Btone, Va
Chicagislil,
Corpus Chris
162,123
250,415
Cuyahoga,
181,755
99 307
2! 1,019
370,373
3,196
• • • •
Newark. NJ.,
....
N Bedford, Ms
6,716
.Vburvporr,
....
Mw Haven,
N London,
Dunkirk •¥
KastDist.Md
Kdgart"n,M8
Erie. Pa,,.,
Fairfield, Ot
F, Riv, Mass
Fernandina,
F, Day, Me,
Galvest'n, T
Gei esee NY
George'n.S C
GlouVer, Ms
Knl)nnk,
SOO
25,160
a6,876
3:i7,fl30
Key West, P
Har, NJ
72,513
Me
Mar'head, M
at
1,082
9.918
Miami, Ohio
105,8M
01,600
Mic'gan, .Mh
127
....
61,104
W
Superior Mich
m
I'ap'nock,
Va
Techt, La
,
+ Boston foreign exports, |,154,597.
[York,
1
428,483
147,324
1»,71)6,51X)
in
113
8,853
7,216
Me
Interest.
Coin—
$1,033,866,550
660,.384,750
Total debt bearing interest in coin
$1,6 '4,251,300
Debt bearing Interest in Lawful Money
Navy pension fund at 3 per cent
14,000,000
Dbbt on which Int, has ceased since MATimiTr.
82,430,670
45,315
55,370
$34,335,903
—
Debt bearing no Interest —
Old demand and legal tender
notes...
175,000
539,,'i77
$372,54 1,47«
Certificates of deposit
42,nl0,00:i
Fractional currency
42.366,105
Certificates of gold deposited
lli,796,50U
Total debt bearing no interest
$477,-304,061
Unclaimed interest
20,234
2,180
Total
$2,207,986,234
Total debt principal and interest, to date. Including interest dne
not presented for paymeut
Amount in the Treasury—
$.34,960,516
3,342.946,771
70,4<14,67S
l-.',0;4,964
_
Special deposit held for redemption of certificates of deposit
as pronded by law
36,43P
9,600
196,514
Total
Debt, less amount in the Treasury, Dec.
Debt, less amount in the Treasury, Nov.
66
1.32,427
57,i;02
1,
1,
1875,
1875
4-2,610,000
$125,029,6:18
2,117.917,132
2,118,397,211
.
Me..
Vorkiown, Va
Huron foreign
Decrease of dtOit dnrin" the past montii
Decrease of debt since June 30, 1873
,
exports, $142,278.
*
Not
Bonds Issued
are the totals for the month of October
Domestic exports, $.30,^74,503 Foreign exp'U.$l,180,569
Not reported— Alaska, Brazos, Corpus Christi, Superior.
The total amount for the month and for the ten months this
year and last year are atateil as fellows
Merchandise.
Total
Domestic
Foreign
,
}•( 8(1,078
10.771,593
,
to the Faeillc Railroad
Companies, Interest
Payable in Lanrlnl money.
:
|
I
Character of Issne.
|
Central Pacific
Kansas Pacific
Union Pacific
:
;0 months ended
42,.356,1C5
t477,!0t,081
Bonds at 6 per cent
BJuds at 5 per cent
44,3C4
*
The following
Month ended Oct
$63,707
372,471,772
42,610,000
4,421,975
reported.
Imports, ,$36 513,461
Outaland'g.
July 17, 1861. and Feb, VI, 1862
Feb, 23 and July 11, '6 !, and Mar,
Coin
Currency
William'ie. 0,
VVilm'ton. NC
....
appl'donly to pens'ns $14,030,000 $173,000
Recapitulation.
6,500
Vlcksb'g Miss
Wal'boro, Me
120
VV'iscasset,
396,950
190,041
492
Vermont, VI,
«
18.8771
26:(.750
2i,'68, Int,
Aggregate of debt bearing no interest.
,.
+
...
LK
M'town. Ct.
Milwauk,
Hin'sot^, M,
70,910
2,215
2,213
2,132
83,662
St John 8, F.,
St Mark's, F,
St Mary's, Ga
stoniiigion Ct
4,E64
Me
Machia.s,
,
Harbor, NY
Salem, Mass,,
1,74C
7,562
Salnria, Tex,,
182,8!lfi
15,065
11,598
3!,3(IC
443
.... San D:ego, Cal
Ui6
....
3.167
Sandusky, 0.
1877
8,257
•i Fraucisco,C
....
3,54S,0;7 3.090,i>!l3 54,416
16.7fO
....
Savannah, Ga
..,.
14,9;6 3,090,663
• ..•
10l,U.3 1,193.963 58.254 S. Oregon, Or
,,.,
42,1.M
101,030 2,255 St Aug tine.S'
229
ITIoney.
U, S, legal-tender notes
:i, 1863
Certificates of deposit
June 8, 1872
Fractional currency
July 17, 1862, Mar. 3, 1863 & Jnne 30, 1864
Certif s. for gold deposited ,Mar. 3, '63 (in $-iO, 50, 100, 503, 1,000, 5,000)
s.
GtKnar.N,!
Huron, .Mich
..
$9i5,32-2,eOo
Authorizing Acts,
Old demand notes
Debt bearino Interest
Kichniond, Vu
Me
22,843,.30O
Debt Bearins no Interest.
396
George'n.no
Act July
Clmracter of Issue.
Ms
W
Sacn,
249,456,400
Outstanding,
1,450,456
Po'moutn, NH
Providence.Rl
Pt. Sound,
1
i,7jy
143,3:19,0110
221,5-1,3,950
14,630,500
216,102,050
Amount
Petersburg, Va
Philadelphia,.
Plymouth,
8:1,008,800
$768,928,71
P Amboy, NJ.
•.
Portland, Me..
(,8S
*
NY
NC.
Dell ware, D
De roit, M'h
DuLuih.Mn
& N,k
& J,yi
& J, d
& J,!rf
Debt ou Which Interest Has Ceased Since ITIaturitF.
There is a total amount of overdue: debt yet outstanding, which has never
been presented for piymjut, of $2i, t:tO,S70 principal and $3-!!4.37I interest. Of
this amount $17,033,100 is on the " called" flve-tiventles ot 1862,
4,900
3,375
5,711,766
3,818
20.083,008 32,514,131
Niagara, N.Y.
295,737
62,711
Norfolk, Va..
t
1,80b
328.731
Oregon. Or...
318,930
O'gatchie,
91,291
49,5113
0«we20, NY.. 1,606,308
155,,13;
Pamlico,
1,669
3,P.8 1' del Norte, T
23,242
P'qaoddy, Me
65, 166
111,03,1
....
P. Biver, Miss
47.3111
Pensacola, F,.
409
69,26i
.
63.683,300
141,643,310
2 ,601,056
3.3,8m, 850
5a,323,500
&.S.*\d
& ti.U
Principal, Interes
594
31,813
1,838
1,132.350
Ct
Ct
14,
4,6il.0OO
915,000
63.421,C00
21,816,700
52.924,000
26,287,050
118,642,400
13,794,000
125,900,.'i50
I
3 s,Navy pension.
321
V Orleans, La
:^ewport, R.L
New York.NY
1881 July
J.
Debt Bearin% Interest in Lawtnl
....
Ms
March 3,
March 3,
June 30,
March 3.
new, March 3,
March 3,
March 3,
Funded Loan,
Coupon.
$260,000
853,618
Natchez, Mt;s
Bath. Me. ,.
20,203
1,059
Beat fort.NU
Beaufort, SC
8.428
***
840
Belfass Me.
Boston, Ms,, 2,908,204 2,833.325
Bridgel'nN
Nantucket,M8
7, 199
8,
2,
& 3:a
& J. 4
& J,l c
& J.id
& J.Ut
.1.
sizes or denominations of each issue of bonds are as follows: (a) Coupon
$1,01)0. rejjistered 1l3,0)D,
(«) coupon $1,000, registered tl,iWO, t^,On. $10,000.
$1UU and $.300. (d) coupon, $51. $103, $503 and $1,003, registered, same
$.30,
{O
and also $.5,00) and $10,030.
* Coupons of $53 and $103 bonds are paid annudly in March,
Ou the above issu-js of bonds there is a total of $7,9J0, 12 1 of interest overdne
and not yet called for, Tho total current accrued interest to date is $36,-235,179,
Domestic
«
82.597
674
.VIontaun,&c.
F
Ap'chcola,
$
Mobile, Ala...
Alaska, A.T.
Al'inrle,
1S74
1880
1-81
1881
1881
1904
1884
1885
18N5
1887
1883
1881
Aggregate of debt bearing Interest in coin
,
Districts.
Feb,
I
Registered.
14,
March
Periods. S
I
The
:
Dom'tic For'n
Bonds Outstanding.
gE-
July&A,,
10-40's
5-208 of 1864
5-208 of 1865
4.83>i®4.88X
give our readers the leading details of the trade of the country
lor the month of October, and a summary since January 1st. The
statement is as follows
mPOKTS AND EXPORTS OP MERCHANDISE INTO AND PROM THE SEVERAL
PORTS OP THE tmiTED STATES. LURING THE UONTH ENDED
OCTOBER 31, 1S73.
Expo rts,
Ex[>o
Customs
Cuslon-.s
Imports
Imports,
Districts.
187S.
offizial
Act.
Jnne
of 1881
of 1881
EXPORTS FOR OCTOBER.
of the
$493,569,929
Auth'rizing
of 1858
of 1881
S
28
Range. ,4,78X®4.84>i
lUrough the Chief
the
is
Character of Issue.
!
A.\D
13,039,374
$518,128,744
S
5-21's
DNITED STATES IMPORTS
18,967,937
$153,825,197
©4.84X 4.87X@4.88
4.83X®4,84
29, ,4,84
SO. .4. 83
t4&7,5S0,65S
statement of the public debt as
appears from the bDoks and Treasurer's returns at the close of
business on the last day of November, 1875:
Debt bearing; interest in Coin.
@4 84X 4.8W®4.88
aT,,4,83>i@4.84V'
I
S?«@4.8S
4.81X®1.88
4
$471,804,313
Imports.
$
450,833,298
13,313,899
54,432,052
THE DEBT STATEME.NT FOR NOVEMBER,
3 days.
@«.84)i
Exports.
$434,858,270
The following
4,8TX@4,88
24..4.88X®4,84X 4.87X@4.88
'*
25... Thanksgiving Day
"
26..4.83>4®4.84X' 4.87X®1.88
"
"
"
217,316
7,967,105
6,636,662
2,.504336
53,167,49!
48.7!*5,4j0
dollars.
23.,4.a3>«@4,84X
"
|
S
S2,
"
4.8:>4a4.88
" 14
" 15.. 4 83>f@4.84
" 16..4.83X®4.a4
18,.4,8t
19, ,4,84
SO. .4, 84
21
Exports.
$535 617
In the total values of imports and exports, the decrease from
year (including specie in both cases) is about ninety million
1875.
60 days.
|
$3,130,760
Foreign
Exports.
last
108Jt 109X 107
|103)!rll06>^ loax
Foreign exchange was comparatively steady and witliout any
feature of special moment.
STBRLINO KXCHANGK FOR NOVEUBER.
Domestic
Imports.
$
387.780,876
10,888,870
78,184,603
Foreign....
Specie.
10,^)i|l08V 10«X
95 9-16 il03«|10!l>i 10 >x
93 15-16 iai)i 108
195 3-16 lloax^lu^X, 105>i
Tbarsday
Exports.
Domestic.
iS4 9-16
Ulghest
Total
Imports.
$j,5i6,03'J
1.210,084
18,967,927
12,039,274
;IOSX U'9XilOBJ<
lOSkilM "lCM>ij Saturday. ..87 9SS-16 108X1 109>i!l39X
Monday..
.
4, 1875.
These are the gross figures. But to make a comparison bntween
the imports and exports it is necessary to reduce the domestic
exports to specie value. This has been done by tlie Bureau, and
by substituting those figures the statement would be as follows;
ilOikj 109
104X
We Inead' yJ4»5!>-I6 iia)X ll»X 105X
104X: Thursday ..85'!»5-lU 1U.'!X !0'.IJ.- 105X
Sarvday..
Tuesday.
WedncBd*,
••
169"
iio.ij<
Oct. 31, 1875
•
:s74
ended Oct. 80, 1876
"
1874
months
10
Monday..
....I
Month ended
Saturday, ..iOM 15-16 J03H 108 J< 104X
lOSJi liX^i
108)» IICMK
[December
Spet^ and BuUUm.
money. r65o.|l867.
Holl day.
Wcdnesd'
Thursday
KOY»MB»H.
IM
.Consuls U.
6-30,
I
LONDON
«H0ORITIli» AT
i.
money. l'65o.
Monday...
Tuesday..
N»v
.
31, 1875
1874
Oct, 31, 1875
"
1874
Imports,
Exports,
$.36,543,401
45,291,2.55
$60,274,508
47,812,K98
434,SiS,270
487,530,655
442,7113,333
1,418'337
10 888 ,"70
499,347,759
13,313,'399
Central Branch, Union Pacific,
Exports,
$1,160569
Western
L
Pacific
Sioux City and Pacific
Total
Interest
Inteiest Balance of
Amount
paid by [repaid by Int. paid
Outstaud'g. United St'sitr'nsp't'n'.
by IT. S.
1
I
I
|
$25,88.5,120' $11,027,6971 $1,191,763;
;3,!0;S,8i)3
1,440,664,
«,303,00Oi
a7,2;6,512
1,600,000
1,170,660
1,638,320
11,684,321
3,81S,4.''4
781,808
44,408
9,367
10,163
722,,380
682,703
$9,835,931
1,663,228
8,004,840
737.41:0
713,013
678,5)0
$64,62.3,512' $28,802,8071 $6,575.854| $21,626,953
.
:
—
::
Detemb*r4,
THE CHRONICLR
1875.]
The Piciflc Ballroid bond* at all inned ondi-r the tcW of July 1, ISet, ud
1.>'M; thrf •rengtoltnd boDd> In th» denomiDationa of $1-000, «S,(X.O
tad «10.r00: bear ( per nni Intrmi in cumuc;, pajmble Jannanr land JdIj 1,
Bd maiiire SO jtan ftom their date.
Jb)t«.
Same time
627
in
$49,315,494 11809
40.856.S95
t7,SC!.70O 1907.
30.157,377 11800.
Nema
.346,140
,111,080
060, 990
1
1870.
Cattst fUoiutarn ani> (Soinincrcial (Suglisl)
Same time In—
I
1874
1873
1871
1871
,308,448
36.^8.294
The imports of specie at this port during the
been as follows
put week have
:
Kaxilaia .(tarkei iCsparts— Per Oakle.
The
marketaof LonJon and Llrershown in
Ua*e beea raport«id by oabl«,
Irtilxclo-ilai^'l-iotationsin the
M
pool tor Ue past «r<9«k
I
sammary
Lendom Moneg and Utoek Jfarktt.— TliU
bollion in the
England baa iocremaed £110.000 daring the week.
Wad
Tbar.
Hat
Moo
Taaa.
UOaao-a for aoaey
K »-l« m-lt 98 3-1 • z« S-IG M 5-1(
0.8.10-Ma
Haw
IMX
niX
liAH
totx
5«
xn l»-tt n n-l«
UHX
1«X
>5 7-I«
iO»M
10&3f
lOe.V
lOaii
lOlK
WiX
new Ores
Tl'9'iaot«iioQa 'or United diates
U.S. now tree..
OoUan Ittrii'.. — dae special
Uurpool BreadMufi Market.—
Mob.
Sat.
Fil.
NoT.tT—8tr.CltTofNewTork.A«plnwall
d.
p.
roar(WMwni)
M
d.
a^
tl
C
•
«
Pjrk(«aM)aMrVbb!...
V7
B>c<>a(l.cl.iald.)B«rpcwl
Lird (AmrHcaB) ... ~
Oie«a«rAaar-a Ibb) '
37
31
«
d.
a.
K
10
tl
t
II
«
03
n
41
41
a.
d.
a.
$
MO IS
K
17
07
W
«
37
d.
3
4
(
3
31
41
a.
M
m.
It.
a.
s
10
03
or
14
u
d
1
VI
37
87
U
«
11
Tbar.
d.
37
M
t
n
1
Wad.
Taaa.
a.
34
«
10
10
10
41
d.
a.
>l
r,
37
07
34
Total since fan.
Frl.
4
e
Moa.
ntx.
d.
a.
fcwt..
**
Ipalf)
10
rtl!o»^Aaarteaa)...V ewt
OtOTerM-idfAB.red).. "
larpaalloe
40
L«itJ«n froduet and
10
WW
10
lOX
t
•:*leatlal....
*.t\r
•
>n.^
Moa.
:.
Vcwi
tl
.
01
••
.
...«e«t.
n
s
as
(Sommci'dat
a.
d.
3
3
10
1
10
MK
io«
40
SO
13
Wad.
31
04
n
sot
$
»
40 4
30
SB V
40
SO
Tkar.
^. i.
10
M
M
a. d.
10 lU
U
m.
31
a.
d.
3
14
H
•
a
3
S
U
H
ts
tl
1
a
31
1
34
30
3
33
3
—
Tim
Imports amount to $9JMS,749 this week,
'Knk, and $4 lXi,'}fl!i tue prarioaa week.
.a-i tbia werk, atiaioat $3,510,817 last
..< praTlooa week.
Tlie eiporta ol eottot
wn«k
were
paat
the
14.
balea. agalDBl lU^d; t>alea last week.
eliaodis*.
total
"
'
f'"
'
.
1'.^'.!
Tlir
;
ivf'.riiraretbalmports at New York lor week eadinff (loi
>v. ft, aad lor iho week endlBB (lor ireaeral mer-
>t;
d-r
eb^
M:
.-.
Drrsooda
ju ssias larowTa *t asw tchc roa nia wsbb.
int.
1073.
1074.
•l.MkiOa
1007430
11.301.074
Oeoeral aiercbaadlM...
3kMa,40S
Total roc the week..
M,atb.S»
Pinleaaly r ayorted....
M.Mt3tO
JWrifiMM
Slaeeiaa.!
1875
$:i,8:3,8S8
Same time In—
i
18W.
n,«38.»«iU»IO
1
3.461.914
1870
$11,387,367
14,870.851
0,701,115
8,031.610
ISK
1428,5061 1887
TiTflBiB State PinBnee8.—aoTernor Kemper says in his meoraige :
The erooe receipta of the Treasary for the paat fiscal year
were |S^7,790 05, of which $',30,000 was raised by temporary
" Tiie whole debt proper, as
loaao. Of tbe Stats debt he says
aaaamrd by the Fuodinf; act, was $30,478,741 40. It has since
increaoed by the sum of $1,61A 715 4'3. by reawa of the aeeamulation of iot«rest arrears, and during the last four years the
average lacrMwe from this canae ha« been $454,178 85 for each
rear.
I make no account of the third of tbe origioal ante-bellum
debt which was by the termsof the Funding bill contract setapart
and aaslgnrd lorfntore settlement with West Virginia. Thesumso
aasigaedsUndsas Weat Viri^inla's third.' It is not a part of the
exiatiag debt of Virginia. Under the terma of the Funding act,
as oModed to f>y creditors, and oonsequeotly formini; a coDtract
betweaa tbe Slate and the parties ao acceding, uo liability can
attach to Virginia for the payment ol the third thuo assigned,
except by rlrtne of a settlement yet to be consummated." He
" Virginia will pay her debt, and pay it in full, as soon as
adds
she io able. 8he will pay it, not because her hands are lied with
the withes of the Funding act, but because her uotarniahed tra.
diiioaal honor requires It, and because what ia right as well as
what ia expedient renders the least taint of repudiation in her
action forever Impossible.
She will pay now so mneh interest aa
ran be paid, and aliimately all the Interest and principal ol every
just debt."
—Tks eirenlar ol Messrs. Saaaler k Co., this week, has a aoUoe
3
iMiMMrs Aifo ExroBTS roR tub Wbmk. Tb* tnooru tbia
w««k abow a drcreaa* both in drjr goods and ffenaral mar.
aitaioal
Tbe •!,
wa«k ail. 7
1,
$5,8I9,7«4
10 It
31
inisccUaueous News.
aiib
Same tue in—
$107,110
11,U4,718
:
1")\
«
Port aa Prince.SllTer coin
mortgage bondholders of the I»gaoaport Crawfordaville
Boathwastern Railroad that Important proeeedinga for tlie proteettoa of tbeir Interesta have been commenced in tbe United
States Circuit Court at Indianapolis.
Tbia aUtes that If bondliolders will unitedly support this movement, it will be suoeessful and cannot but result greatly to tbeir benefit, and requests all
tbe first mortgage iMadboTders to send their names and addresses
to Charles W. Maaslcr, 7 Wall street, New York.
to Arst
n
*
ooisooaeoon
...«taa.«)
d.
3
«
4«
10
30
Taee.
31
31
ISU'cbatd)
'
rri.
a.
OU Marketi.—
•at.
:
Th»».
d.
1
t
Cad.£iLd.Xa.d. M
^•(aM).VUMM IJ »
10 lu
10
l.->->
a.
1
40
30
03 a
30
IS
••
d.
a.
MO
»
Wa«.
Taaa.
d.
OS
UK
KalrdlM.'<r*OBatf>....T«;a!
"
.epitlu^....
•t>lrit.
a.
1
1,111
l.tiO
1,180
'
lAtTpo«t Produce Market.—
ll«M»<eaaaaaa)...
4,030
4,980
SIlTercoln
1S74
1811
1871
d.
4
31
—
a. d.
34
$
Moa.
MO
no»
e.
C
t
IMM
Total for the week
PreTloaalT raiK>rtad
X
Thar.
MOt
P«a«'''inidUa)..«oaarter 41
II
literj-od I'rotitian* Market.
BMr(a«*a|Bew9te«
d.
> 4
M
11
St
»ai.
IM
117
Caracoa
Not. tr—Str.Gnlf Stream
lODK
)<»X
report of eotioa.
a.
K
Wheat (UadWa.apO.ycU • 4
••
(BadWIater) ... " 10 9
it *
lULil. Wblla clab) '
Cura(W. mlxe4)1l qaarter 31 «
ftibl
MK
108 K
>OSX
IMii
l«)i
iO*^
Wad.
14— Baik Coracoa
1.893
13,070
58,803
1.188
Gold coin
at Franklort were:
Toe*.
Belize
»4,S00
Ban
WX
Lit4rp4ot
n—Brig Emily
Silvrr coin
Gold coin
Silver coin
9*9-19
13 T-16
l»)t
a—
Gold coin
Gold coin
Gold coin
silver colu
Gold coin
Nov. 14—Bark Sagna
Porto Cabelio... Gold coin
Not. 17—8tr. City of Dallas... Naaaan
Silver coin
Gold coin
ol
IM.i(
NaT.
Nov.
the (oUowinir
aceoact
lAJi
0.!>.t«(5-Ma,)U«,ol(!.iaiK
IMT.. .. :(»K
Not. 13—s>tr. Ontario
Su Thomas
Mot.
Sir. AUae
Klnpaton
Nut. n-Str. City of Marlda... Tent Cms
4,*l4.Tn
IgOOI.ilO
JMtl^l
M,N«.13«
KMIMn
tn»jm,(ai
tOTS.
StOl.SOA
t,4B(44:
BMr.T4*
MMU,W1
m,4Hl040
It
—A
change is announced to lake place January lat in ths
onaaixatlon of tbe banking firm of Drexel, Morgan & Co., Mr.
Jeeeph Drexel retiring, and being ancceedcd by Mr. Egiato P.
^bbri. founder of the well-known hooae ol Fabbri & Ciiauncey,
China and South American traders. All the other partners of
the boure, iocludiog Messrs. Anthony J. and Frank Drexel, of
Philadelpbia. remain as belore. The firms of Drexel, Morgan &
o., in New York, and J. S. Morgan & Co., in London, with their
braneli housas in other cities, stand now among the few pre.eminent bauklog hoosss of tbe world.
—The National Trust Company, of the City of New York, has
declared its usual aemi-annual dividend of four (4) per cent, payable on and after January 3rd nett. The ofllcers of this wellknown inatitiition are Mr. Darius K. .Mangam, president, and
Mr. John C. Crnikahank, secretary, under whoae able managethe company has attained its present prominent position.
t90.0M.1M tn7.»07.1IO
In our report ol tbe dry ((ooda trade will be loand thekmpontol
drr gooda lor one week later.
Thelollowins io aatatement ol tbe exports(exol noire of specie)
(romtbe portolNaw York to loreign ports, for the week ending
IINIINB AHD
FI.1ll!ICliL.
SAXLBOAO BOHOB.— Whslber roa wish
BAflSLEB
to
BITT or HBI.I,. write to
Mo. 1 Wall atieel. H. T.
* CO..
Noreraber 30
jtfusis wuoM raw Toaa voa
un.
rorthe
—
flwTM.TTI
nn
wsn.
ISIS.
ISI4.
I8.401.MO
MOOLMI
l»TS.
I3.S49.331
Fiavlooalyraponat.
tl«kt3«,S
Jf|,7
I.77SJIB
M0Ll4t.l43
ttl^a0,l3t
laeaJaa.l
|no,tW,OIS
|tn,17«.ot&
|t)Mu!oM
|tll,7T»,4SI
The loUowiog
New York
will
lor the
show the exports ol speele from the port of
week ending Not. 27, 1873. and oiaee tbe
aeomparUoa lor the eorroopondinc
baffianin:- "' -I— •'•ar.wilb
'-ars
dM4> ia
Mo*.
lAmden
SaQthaaptoB
Hot. 37— AU. Reekar
Hot. ST-atr. City of Ckast*r...LlTeipool
.UTsrpeol
Str. Ovaaale.,
XoT.
'
i
n—
. .
..fliiTrrbara.
tv.w.
.SIlTerbar*.
IM.'OO
.Mezlcaa allTer dolla.
11.000
tO»0
SIlTarbar*
BliTerbars
13.000
431.440
Mexkaa aUrar
. . .
Joaairrl, wn..
11
WUIIam
St,
If.
T.
STOCKS
Dealt la st the
flvaperoBBt.
New Tork Stock Kxrhange boaglit aad sold by as on margin of
PRIVn,K0E8
at one to two per cent from market on member* of the New Tork
or raapooalbla partlea. Larxa innu have been realised the paat 3
Ssfs. Pat or cau ooeta on 100 ebarea
$100 15
Binddlee $180 each, central 300 «bare* of stock for SO daya without farther
AdTlee and Informariak, while maay tbooaand doPart profit mar be gained.
llon famiihed. Pamphlet, containing Talnable itatli-tlcal Information and
are
operation*
cundacted
sent
atreet
•bowlna how Wall
RMMIalad
PRKK
To any
TMalfo* tbe weak.,
Praneaalj rvBotiad
WILUAM BRAOT,
Bonda,
BMMase
'
:
TIXAS 8TATK BOHOB.
n sM lu s sad Tana Oaatial RR. Pint Mortage 7 par cant Gold
e. B. A B. inret Moclgase 7 per ceat Gold Booda,
TmMM Laada aad Laao Berlp, far aale bv
!."
mSS^su
|07,13tMf
aa.
•ddraas.
Orden
aollelted
by null or wire and promptly exeaatedif
Addreaa.
TUIfBBISai
« 00., Bankara and
Broksar.
Il«.lWaUslntt
KT
»
:
THE CmtONlCLfe
628
8
@ u
aukcrs
1
a
Kr\TIONiL BIVKS ORatNIZBD.
($,i]t
'
Int. period.
rocently been acnoanced
C'i.08ID.
Cbht. P'iBLB. (Day« lEclntWe.)
Rallrnadii.
Agricultural Branch, gunr
New York New Haven & Uartford
»1
Deo.
Jan.
4
Jan.
FRIDAY, DECEMBER
Tbe Money Market and Financial
flurry
amoug some
of the
The range
—A
.
58,
68.
Vulted States
Bonds— There
has
been
27,2i8,8mi
2Sii.7B7,:J00
174,4t;7,200
.53,.J01,900
S5,:).i9,.i00
19.
0.8.69,5-2O'8,1865, old..
n. 8.6s, 5-20'9,l8«7
U. S.S9,10-40'8
Hew 59
;03?4
i08^
lOlJi
108J<
Nov.
Doc.
105X
104
Since Jan.
!
Nov.
June
103,V
lu9,'-f
18
102Ji Feb. 13
105X
104%
81
1
69.-',23,5(l0
S9,09li.Sl
!4 «iO,r)!!0
S81.5-..5,93
28,843,500
141,648,300
2(
iS
83
52,924 0(0
219,456,400
2l(i,in2!oi6
64,623,512
6
Kansfli? Paciftc
Union Pacillc
6
paid by the
inc.
$25,>*5,ia0
States.
$11,027,697
$1,191,'; 65
B,:3U3.000
27,2.36,512
:j, 103,893
1I.^84.3J4
3,879,4!:4
l.dOO.OOO
l.»70,5B0
l,0i8.380
781,S',«
$64,62.3,512
$28,202,807
6
Central Branch. Un. PaciUc. U
Western Pacittc
Sioux City and Pacific
6
G
Totals
The
followiu'
securities
:
Interest Balance nf
repaid by intercut
trani:-porpaid by
taiion of the United
mails. &c.
State*.
Interest
out?tand-
of in-
of railway.
ttrest.
were
Tnited
1,410.664
44,408
9,867
10,163
728.380
632,703
$9,815,931
I.b 3,228
8,001,840
737,400
71:1,013
672,540
$6,575,SM $21,626,953
lately sold at auction:
Price?.
50
20 8har.>8 St.iten Island Railfoad Company
per
ceut.
bond.
73
Mort.
7
Vincennes
UR.
Ist
Indianapolis
tl.OUO
lOJs® 10',
* 10,000 Ala, tt Chatianooga Kit. 1st mort. 8 per ceut. fjold bonds,
Milwaukee RK.7 per cent, cnnstriictiou bonds,
$15,000 LaCroste
due April 1, 1867. Coupons of October, 1S57, on, $1,000 each, per
i
.
.
&
$t*)
bond
&
Slihvaukeo Kh. 7 per cent, cousol. bonds, duo
$3,900 La Crosse
Oct. 1. 1861. Coiiijons of ADril, 1858, on. Per lot
$10,000 Xorlhern Pacillc I!R. 7 ;)-101aud grant reg. b.:nds
$10;000 No. thcrn Pacillc Kit 7 3-10 gold uonds
$20,0u0 Cily of Moiiijjonury, Ala., 8 per cent, bonds, due July 1,
$11
-12Ji
ll.V
^0
©lOtlJf
1888
county, Missouri, 10 per ceut. bonds
$15,1100 Bucianan
$5,100 St. Louis
&
St.
Joseph RK.
101
Ist miirt. 6 g.ild.
51^
hares N. Y. Historical Society Publiostion Fund, $25 each, per
share
share .v. Y. Society Library. $23.
Ileal Dyeing Establishment, $100
20 sH ires Barretts, Palmer
2
$16
26
&
each
Grand Street & Newtown RR
Broadway RR. Co, of Brooklyn
ttioadu ay RR. Co., of Brooklyn, 7 per cent mort. bond.,
2t0 thuies
10 shares
$.5110
@
80
65
150>i
100
37
$20,0n0 Atlantic & Pacific RK., land mort. 6 per cent gold bonds,.. 43
$.,011,000 of New York Uou atonic & Northern RR. Co. bonds
$600
(hyp .Ihccaieil), $! OOOeuch...
$1,000 South Sloe RR., of Long Island, Ist mort. sinking fund,7
per ceut bond
60X
$i,000 Jackson Linsing & -aginaw RK. 1st mort. 8 per cent bonds,
99
gU'iranteed by Michigan Central Rl{. Co
$2,000 Chicago it Northwesern Railway Co. (Menominee Jlxten90
sioii), 1st mort,, 7 per cent, gold
$2 v'OO La Crosse Trampeleau & Prescolt RIl. Co. 1st mort. 10 per
cent bond-, guiranteed by Chicago & Northwestern
$7,010 Ciiicago Danville & Viucennee RU. 1st mort. (Indiana
Divi ion). Hvpothecatcd
$7,000 Chicago "Danville Si Vincennes HR. conv. mort. bonds.
10
(Hypothecated)
Daily closing prices of a few leading bonds, and the range]
since January
1,
have been as follows:
1—
-Since Jan
-"il
Highest.
Nov. Nov. Nov. Dae. Dec. Deo.
6sTenn., news...
6»N.Car.,old....
•sN. Car., new...
Ss Vlrg.,
do
2!,
19,
so.
1,
'4>
•15
•45
"16
'8
•IB
•16
'i\-H
•16
•,^
•i
43
•16
•S
....
•.-IIK
•73
•43
•Si
consoUd "WX •JIK
Pac.,l8t68...
do
L'dGr't78
8.F.
do
Erlelst M.7«
N. J.Cen.ist
Ft Wayne Ist
;08Ji Apr. 9
109>4 May 6
107
Aug. 13
8s..
gfi''ii:{9.'|J,'|-ii
'
r.'0
HWS4
•3i
lUi«
*3i«
108H
180
10,1
1U5
'-.'ix
100
iClX iiox
'JUx
!'3
96
lOJi,;
losii;
1IIH<
90K
•3
•120
IIKM
'lOJki
2,
lo;
107
1(5
78.. 'lliH
78. 'lis
B0Citr8lrtlet78... "110
I
'Hi
1U3
'SI
long bonds 'lOS^
N.Y. C.&U. Ist78 MW
C.PftCgoldos... 'uej^
Un
•43
2dserieB
C, J. & J...
68 8.
68 Mo.
—
loa^Apr.l9|l05XA.4;6
118.618.4
143.3 ;9,600
33.891.8.50
JB75:
1,
Pad lie
Central
U()8,70U
1875.
December
Name
Highe9t.
103H
10fi>i
1,
18
17
85
18
18
$.
89,3.'te.700
S6,2.',..:5U
and Railroad Ronds. —There have
Rate Principal
only a moderate
Lowest.
26.
mx
ma
.
125>^
5ill8;4
4111(1%
2!ll9
4!l26}s
91
funded, 1881.. ..coup.. 113K Jan.
ree.inK Jan.
Currency
etc.,
business in government bonds, though prices are strong, and on
new fives and 10-40s a fraction higher than last week. The
savings banks have been sellers rather than purchasers, and one
of the principal customers has thus been wiihdrawu from the
market. As to new funding proposals, it is seen that the currency C per cents, having less than 35 years to run, are now
selling at 133, and on this basis a 4 per cent. 50 year gold bond
would be worth about par in gold. Whenever the Government
had surplus funds to retire its bonds, the.se could be purchased,
and it is a matter for serious consideration by the Secretary of
the Treasury, whether a standard bond of this sort would not be
much better than numerous issues of small lots of Government
bonds at different rates of interest, and of uncertain dates of
maturity, as 5-20s, 10-40s, &c.
Closing pricas of securities in London have been as follows:
Nov.
Coupon.
been small dealings in State bonds. Tennessees are lower. Louisiana consols
about 3 per cent higher at 50, South Carolinas 1 per cent, higher,
The Governor.s of the two last-named
Virginia consols strong.
States take strong ground in their messages in favor of paying
The recent proposition made to
interest on the consol. bonds.
Alabama bondholders is not well received by those in this vicinity, as it is considered too small an offer.
Kailroad bonds have been tolerably active and generally strong;
there is considerable inquiry now for the bonds which pay interest in January, as these liave about 3 per cent of accrued interest
on them. The great event of the week was the Union I'acifii'
decision, which sent up the bonds of that company sharply and,
in sympathy therewith, the Central Pacific bonds to a less degree.
The" deci.iion is important as affecting all the roads to whiili
United States subsidy bonds have been issued, of which the lullowing is a li.st, with the amount of bonds to each, interest due,
DlDTerenceB,
Nov. 38.
Nov 89.
J73;,400 $882,275 SOU $847,982,800
lii
Juno
June
June
June
Aug.
June
Nov.
Sjl24>i;
9' IS.'iK
conp..lI3Jii Mcli.
State
1873.
n,:i8»,:W0
84,884.100
Jan.
Jan.
Jan.
118
.
May 2HtI93,37T,050
Jujie 17
to (ifl4,0."jO
Apr. 27
Nov. ls;121
Nov. 11|122K June
reg.,11.3XMch.
59,10-40'8
59,10-40'8
shows the changes from the previous week
and a comparison witu 1874 and 1873:
1874.
conp
68, 5-20'8, 1868
table
383,400
918,40u
.
slight
week.
lii,700
— ReKUIcrcd.
—
nighest
Sll3(iJ<
reg. .118
coup., USK
69,5-20's, 1364
conp..ll4>i
coup.. 115%
69, 5-20's, IS'a
5-20'9, 18fi5,new,conp..ll7)i
68,5.20'9, 1867
.coup. .118)<
;
530,500
since
6'182;i
use of private parties, is in rejecting the proposals for such gifts
at the outset, and not having tlie United States Courts put a
forced construction upon laws, years after they were passed, and
when innocent parties have become bona fide owners of the
property involved.
The money market was higher for call loans on Wednesday,
(.nd brokers sometimes paid ()@7 per cent., and once even 7 gold,
but to-day rates are 4@5 percent government bond dealers have
been supplied easily at 3 per cent. The cause for higher money
aljove noticed was the calling in of a considerable amount of call
loans by the City Chamberlain, and probably, also, by some of
the savings banks. On commercial paper there is a good demand
for paper strictly prime, at 6 per cent.
l' On Thursday the Bank of England weekly returns showed a
gain of £116,000 in bullion, and the discount rate remained unchanged at 3 per cent. The Bank of France gained 3,378,000
francs in the week.
The last weekly statement of the >few York City Clearing
House Banks, issued Nov. 27, showed a decrease of $317,050, in
the excess above their 35 per cent, legal reserve, the whole of
such excess being 19,34:0,300, against |0,GGG,350 the previous
,
Range
—Lowesv.
.Ian.
It is satisfactory that the Court Ijases it.s opinion on the
and intention of the laws under which the companies have
been built and operated, and disregards both popular prejudice
or lavor on the one hand, and on the other hand the idea that
Uoverument interests are to be first protected, Avhatever the
rights of the claimants may be. A decision on any other grounds
than that tipon which this has actually been based would have
been a damaging precedent in the law of corporations, aside from
the injustice of the present case. The remedy for immense
grants or subsidies by Government, which may be turned to the
S7.
'm^
Jan.
letter
Nov.
*'•!•'
1,
6e, 1881
market.
23.
ll«x
and the amount of each
1, 1875, were as follows:
Jan. 1.
Amount Dec. i.
January
class of bonds outstanding December
in prices since
6i,1881
its suit against the Government, was announced on Monday. 'J'lio opinion was strong
on the side of the Pacific railroads, and had the natural effect of
stimulating sharply the prices of their stocks and bonds in this
Nov
lit.);
1 0;^ "I* « «.":117
117
*lUiV
12o;i •lSO>i :2n^ liox 120?,July. *>2i',i \ii% •lJ2Ji *.\:9!< *11UJ< •Hb;.
July »182)i Vay, 1223i 12im 122«i •I8i».
July. "Vii^i •12-»; i;2}i 'x.9>,- lU}^ *11K',
18nj(
HI.
favor of the Union Pacific Kailroad in
$274.1)97.400 $a71,9lii,J0C Dec.
15.7;2,0li0
16,208,500 Inc.
Circulation....
18,449.400
18.512,100 Inc.
Netdepoaits.. 21(i,iai.800 21.').808,40U Dec.
47.93:,300
47,03!J,900 Dec
Lefal tenders.
llii-i *llti>i
•120H
&
4 Dec. 51 lo Jan. 8
1875-6 P.
3,
forthcoming department reports, and rumors of possible
Spanish complications, have formed the principal topics of discussion in Wall street this week.
The disturbance amoug the savings banks originated in the
failure of the Third Avenue, several weeks ago, and has been
followed liy a run on a few other of the smaller banks, most of
which are undoubtedly sound.
The decision of the Supreme Court of the United States in
Specie
'll'iV
*
8 Dec. C to Jan. 13
weaker savings banks, the Union Pa-
Loans anadis.
& July
& July,
WliU
69,5'20's,1867
ro(t..Jan.
68,5-20'b, 1867....conp.. Jan. &
d8,S-S0'9,18«8
rec.Jan. &
coup Jan. A July,*122x ViV/,*\ii}i '.2:1
12;1
liii?,,
69, 5-20'9, 1868
5s,1040'a
reg. Mar.
Sept. 117
*V.%yt'\\~H \''A 117,V»ur
58,10-40'«
coup.. iUr.& Sept. »117>i*in>i 'U'li *I17« •lll.ls •!17',
reg ..Quarterly lifi?.' Il<>Ji 11(134' ll«»i 11«7» 117
58, funded, 1881
5s. funded, 1831,. .coop.... Quarterly. •llBJi IHif 11",'.^ IITV 'inK 117','
BsCuirencT
rce,.Jan.
Julc *125 *.:.\, *12-;i *xl22 122
11
Situation.
1875.
Nov. 'IIIX
May * Nov.
I., reg..Jan.
8«.5.20'8,186Sn.l,coup Jan.
the
.
.
9.
1.
*xWi
124
»l.'3Ji 'USX
115J< '\Wi *'Af>H -.i5J<
•1:4'^ *V.i\ *\n'/i 'IISX 'llEiJ
IJOH UiiH *11S!< I'.BX USJi
May i Nov. 'DB
reg.
coup.
8e,5-20'8, 18«S
68, 5 20'8,18«5, n.
Railroad decision, the abstracts from Washington of some of
The following
&
b.coup..May
6«, 5-80'e, 18(i5
Dec
Dec.
30.
....
•2?«
'^Mx ••.i!)>i
'IMX *il4V
.
68,5-»0'8, called
itll^cellaueous.
National Trust
coup. Jan. &.!uly.
5-20'8,cillcab...reg..May &Nov.
08,
29
•l2S>j'
4, 1875.
.
Whek Books
Pbr
COMFAHT.
.
&
DIVIOENDM.
S7
& July.
reg. Jan.
6»,1881
88.1881
8,109—Enfiinla Naiionni Bank, Alabanii. AuIhoriKcd capital, $58,000 ; t>ald-ln
caplial. $45,400. Edward II. Yoiuie P.esldeni;
, Caahler.
Auth iiized to coinmonce biiblncsa Nov. 81. 1879.
The tollowln2 Dlrldeadt baro
[December
Closing prices daily have been as follows:
Nov. Nov. Not.
1 e.
The Unitod States Comptroller of the Currency furnishes the
following Btatemont of National Banks orpranized the past week:
cific
.
9rt
m
•iOSH
lilV
•113H
Ml a
'll:l
MX
l;5K '\U%
llUK HUi« •liOx lltH
115
ita
•115
SH>i
»«x
•16
•8
•73
•4H
•32
U«X
•121
•lt.UV
105
looM 'iUO
•I.S
•118
84
Lowest.
i.
CI
!«3
"114
115
llOSd
84«
Jan.
44
17
Nov.
27
13
5!iK .Ian.
5
Jan. 18
Jan. 7
55M Jan. 26 69>i Oct. 28
Mch. 23 50 Ocl.
36
29H Sc|it, 28 Sj J«n. 21
94!i| Jan. IJ \l^% June 21
JuneU
11
ItlX Jan.
29
16
18 123
Sept. 10
93!, Ian.
90
Jan.
6 107M .f.pt.aO
Jan.
SUX Jan.
(
90
6 lOBJj
\ai% Sei
5 !»7«
89 lo;),
111754 Feb.
1 115
106X Jan. 7 116
10
r
ItIS
7»
May
Jan.
June
5
15
Juno
UIX
t.
Au^.
Mav
SU
PO
»
9
Apr.
«
Nov.
8
.nine
5
69V Nov.
3i
I
I
'
DeoembiP
*
.
—
allrAad and MtocellaBcoaa Sta«ka. ^Tbe stock market
than Ust week, and there have been eomo
14.
The tirst feature was the adrance in
•
^\"'
.
".'
in consequence of tlip
lay,
~
.
>
the company.
atock is worth a good dual
more ^
>u in favor of the company than it would
have l<
i-eision the other way, bat whether or not
the stock in nvWiot; too high, aa based on the earnings of the
A move of more
road, is a matter of opiuiou in the market.
Sneral importance than that in roion Pacific waa the break in
iehigan «>Dtral to the extreme price of 37 on Tuesday, with a
obsequeot r— -'^'••'' and a sharp advance to 83^ to-day, closing
ine was made on rumors ol a bad condiiioo
at((l|. T!i
11
i>f fiuanciai
orer-iflsue of bonds, &c., but the rumors
have received uu lonfirmalion and have been denied by the
treasurer in Boston, while Mr. Samuel Sloan, of this city, has
been electtnl Vii :'
red a good aetiuiaitlou.
After Michigan
Ijtke Shore have been
n^lieeable, as ilu. o.-^.^ .. .. .... ,,. .-, ,,.,„.ihy with the other and
Hauaibal & St. Joaeph
ttif*lied 58}. eloaing to day; at .'i9't.
aeclioed to 30f and cIomm better at 31^. Nothing new is known
'if Western Union Telegrupb Company, and most of its friends
Iwlicve that the regular 2 per cent, quarterly dividend will l)i>
declared thia month. As to the pa«aibility of dividend.^ on other
storks, such as lAke Shore, Michigan Central, St. Paul preferred,
and Northwest preferred, any expression of opinioc now would
tie premature, and, probably, worthies*.
It may be lamarked,
however, that there are many who sappoae that the oompaolea
above named, and some others in a nearly similar po«itioo, will
not lie likely to pay dividends this Jaanary, but will be in a position to rranme at the next aemiannaal period, Jaly, 1870.
At
the rloae price* were irenerally strong.
Toul UMMcUoaa of
weak la laadinc itoeka war* •• fal111
:•
1
>
ii> -
.1
It w.i;
:.._;
..
in favor of
:..-
'
.
Um
President's message would advise the recognllion of Cuban indeDendence, but this story has berome too hackneyed to prodnee
much agiution in the ni»rliet. The price worked'uii 'o HSf on
Tuesday, but ha^ since beeu lower, and closes at 114}. On gold
l'>aiia the rates paid for carrj-ini; to-day were 2.
3, 2* and 1 per
ciui. There will be no sales of gold by the Treajury this month;
at the sale of $.500,000, November 27. the toUl bids nmoiintwl to
$1 .•'i45,000. Custom receipts of the week were $1,839,000.
The following lahle will sbow tne course of gold and opera'
tiona of the Qold Exchange Bank each day ol the past week
:
({uotatlnna
.
Onen- Lowing,
est.
,
m«h-
Clos-
T.iial
est.
Inj.
Clearing*.
t3),i«iauoa
».6T8,000
Hitarday, Not. *T....ll4>i llts lUV !14v
" «p....!!4>i lUS' inv in«
Hoaday.
" X)
Tue«U7,
.iiix i\t^ ns«i ns<^
Wednwdsy.DM.
-
Tliarsdaj,
Prlday.
"
ll&V 113
iisv ni^<
39,18«,n(K)
IHX
81,S9i,0aO
I
ltS>,'
i
3
.iU!i
il*'i
iii'i
.114.';
litx lu;,'
.Ui^i
lUH
Corrent
frerioas *e«k
i
Wasfa Cklc
UbIob.
T.«M
7.i«0
>7JW
n,IM
an**
m.t»
M..
I..
.
Total
7.«a0
it,i(»
«M0
I
t*,m
%m
111.900
i«.TM
Il.t
.
OMo * Padie
*
ITwwL bU HlM.
tTW T.m
•«
t.m 1.100 two
ULW «.! M0> ^M*
M,n» MM tjao Km
•I.«0 4.W M4 «.«M
Maa
Kov. n..
»..
taao
.l«t,IM
!,»«
I.1M
u,mt ««•»
ol
CdIoo
Mo.
aru...
'
on
—
-srs
—
Vii
.1
moderate business.
iCaM.
l,)17..1tt
i.ia.3,(XM
i.^l,9IS
t.4Di,48t
i,«8«,(>'ra
t
i,t(!\joa
1.980,531
There has been only a small duninnd
liy
some bankers,
l>ut the rates for business were generally al>oat
long sterling and 4.87^ for short sight.
(Juotations are as foliows:
4's:)i for
Dec S.Idav
Prima baakaia'ttarllaf.
t> jod baakart' a«d prlm«
surrUI
4.8S)<1|4
Oocd—
Sdaya
FSV
4.N itMK
i.M ii.ta
4.n 04.84
t.n A4.nv
4.n Sm.<1
4.n a4 M
eoai'l
Docaamsty eaauDcfdal
PutsrlMani
s lOK'M.nw
5.19},l
B.K^SS.HX
XX
SwlaatnaDcst.
-MX
HammUmdnUiani
I>ae.
MOO Haatart (rsMasrka).
utao Praaklart (nIsksMrks) ...
<tatcaaarfc«^.
a* i*.«oo BrasM
»• a.«M Bctlla Oalekiaarksl
. .
m
m
. . .
*.0M
%,tm
rreaaorrhavebeaD atfoUowa:
Cottom
Hoosa
is.»oo
Nov.
r
IMM
tii<
i>i«
a«sslpt»
tcttaa
ti.4i>t,ttf
t...
a...
«
tiuj.tn
7i
l,»*l,>l«»
.
Psrraaats.—
Oold.
n.oti^n
m
7S
18
iu.nam
Vlt.lTI 11
7IT,«SI V»
t»>,000
i.l44M8 0a
«8ft.4nu
•ll.t-
ffli,t«0O
l.ni,IM II
i,«M,ua ss
Haiaaca. Nov..«
Dw.
>
<?atr«ncr.
ttHVIOtt
MOITM
<l,S».«n
M IM
MH 1*3
4i
«S
.
OoM.
r7.(
IKse.
Snti-Tieasary.
,
aeedpt*.
«...
~
...
KXC
rba traoaaeUoDs lor tba weak at the Castou Booso and Bab-
*.'^>
...
?3
b*a«sk«r«....
1.5OS,»0l
1,I5),.M9
T.SiQ.OOO
for bills, but on the other hand bankers have not been anxious
to sell, and business has l>een dull.
This afternoon there was a
little irregularity in rales and an attempt to make higher prices
MO
»••»*
»•!?'
--
tl,7B^,^sl
!H0.;«9
5.4l».J55
ms ut\
...
Foralcn Bxehaii«e._The Exchange market haa been steady
«...
-
Curr«ncy.
l.an.jOO
J«n. t.ins, to date.. .in?, uiii
Wkota
4Mje sn,aM i«.iw ymjuo «olo» n,Mi si7.4m
A eoapariaon with tlia Uwt lino ia tha praeodlag table showa
at a glaaea what proporlloa of the wholo Mock haa beea tor jed
•var ID the week.
The daily highest aad lewMt prioea have been aa follows:
liiS^'.-^.i^uT.
Qold,
«i.2.3i).-j8i
IISS illK 8W,GS9aoo
n4>. lun iu>i$is6,i«7,aoo
.11 1>.
-BiUncM.-
,_-
»«,78S.000
.
^(fiaBCS)..
ADtw«n(riaB<
:
Dw.
529
!
.
low*
>
THE CHROXICLE/
1875.]
4,
n
..
»..
kW
ato^iu 88
«,tlO,«l8 04
MIO,4yi08
uj»a.7Ka7
i^imuin
W7.«»
—
.
Cnrranev.
ti.s78.ai3
1,050,810 11
1.011877 71
1.417.405 58
mi.onts
11
811,101 8S
0,08,808 84
7.t»,498 19
4l.t8>l,IM88 4l,8IT.tS14)
fewYorfc City BaBliB—Tbe
following sUtement obowa
ibe condition of tbe Asaociatad Banks of New York City lor the
week ending at the commencement of buslneaa on Nov. 27, 1878:
'ATtaABB ABocar ori>oaa«ia4
ClreBlaIIOB.
Rt.lOO
«J0O
4M.III0
vioajoi
I
'
ncB.— The
V
1
latest
earaiaga obtaloable, aad the
to latest dates, ara aa followa:
I
^ tsBtsarataas r» nrt s<L
Alek..Ta& * ». F*. Msatk •! ••*«
AttMlkjrr(cl««...McMlkef Mt..
la SaBtksm. . 8 «a«ks ef ITor.
.Biractte. . .. Maalh of •a.
m.
,
1*74.
•mjM
iaa.ltolaiastdatc
1874.
IVn.
siiajat^Axai
.
.
* M.
ni.
p.. t
«bHu
.
of Nor.
S HonkBPwt.. M'BUli or No*
~ ^v-* C1l<c..88»Mk«r Rov.
HoBB. * T«a*. C
MBatk of Oct....
,
.
.
..
llllBBlsOmual
tBt«a*l
--..
MMilk of Oct.
-t. ,.« ^
a
KSBBBI ft
KMBBk a
;>-
.
;
.
MkblauUMiifBi..
Me. KaMasATas.
MaMlBAOMa
>l
SI.Ual.ATB. lKb«
kt.L.t.Mt.*8oatk.
r.
t.UK-<7. *
!f
..M
'-a.
IU.L.M AoBlltM*!... Id wMk ol Hot.
«.PMl*S.Cltr.*c. Moaib or Oct.
Moaa of Oct..
Datoafactae
.
;
oTlM MIssoarlPadacsanl^fMai
^o aaming* of
!,
,
Jaa.
I
to Oct. 81.
CUeafn A Nortbwestam Railway for Nnvmnbarsbowanincrcaae over the same month last yearoff IKS.Oon.
The earning* of the fourth week show an Increaaa of $80,000.
Th« October net earnings for whole road, including all the lines,
tba
areta $486,000 after
paying
all
operating esponaea aad iaterest on
hoadsL
Tka OaM aritas—Qold
t
to lb*
nuwna
of
haa flaetoatad lomewhai, In rewar wltb S| ain and that the
|,o**ll>l«
<tt*ti
The
»Jl..»JB0$«lJI0,«BH4J«J«)H7*iaA«JIJlS*'<l.l'OIU51*.1Wi
deviation* from tb*
mam*
of the prevlon*
weak aw ••
X
:
:
THE CHRONICLE.
6210
Boston Bauka. — Belovf we
National Banks, as returned to
Not. 29. 1875
Capital.
tlMl.UUO
AtUt
l.5ai),00«
2,IX)0,000
BucKitone
B^StOD
SjylacoD
Broadwajr
i'2S-?S9
Cantral
ColaiablaD
Continental
Bllot
Bverett
FanenllBall
freeman's
Globe
Hamilton
Howard
Hanafaoturera
MarMt
BOSTON, PHllj(1.0SI.PHIA,
^Ive a atatement ot the Boston
ClearioK House on Monday,
aBOUBlTIXB.
1.7U.MW
200.000
444.(00
SOV.OOO
1,000,000
1,000,000
1,000,000
400,000
1.000,000
300,000
1,000.000
750,000
1,000,000
soo.ooo
800,000
i,iin,9'jo
Hew RQKland
North
Old Boston
Shawniut
Shoe A Leather
etate
Baffolk
Traders'
1.7W.OO0
10,500
16,200
4,000
300
11.700
4,100
....
Washington
first
1,000,000
1,«I)0.000
S,!'50.9JU
4,261^.200
300,000
LUa-IHW
aoo.iM)
S16,«00
5.488,600
2.D71.SO0
5,;76,600
1,000,000
1,500,000
Bankof Uepnbllc...
Oommonwealth
Olty
Bagle
Bzcbange
aide A Leather.
Barero
...
Security
Union
Weoster
Total
s.ass.oi'O
3.663.1 oil
1.000,000
1,000,030
!, 944,700
1.9S3.7JO
1,000,000
1,500,000
5.'.20.8;iO
104.700
8,789,700
17,1100
J.OOO.OOO
200,000
1,000.000
1,500,000
8,272,70(1
3.100
126,900
837,000
191,800
502.200
856,300
2.7S1.6C0
2,78S,000
1,210
lU.OOO
2.000
4,I0C
182.100
iE2.aoo
$51,333,300
15,000
9,600
$713,700
J135.615,60U
Philadelphia
»7S.'«iO
"'Ox
do
453,500
208.3.J,!
1 ,0l-0.9U0
523,100
3I1.5U0
Increase.
LoauB
6.550
Decrease.
Dscrease.
Specie...
The following
Date.
I,',i8'>,-I00
7,i;iO
I
582.S0O
136,702,50'
136,135,800
l.n,6S6,600
136,8S4,0OO
135.615.600
7M,300
715,800
718,700
Plilladelpbla Bauks.
— The
BanKS.
$1,500,000
1,000,000
2.000,000
310,000
North America
Farmers and Mech.
03nimercl.-»l
Mechanics'
Bank N. Liberties.
800,0()0
500,000
250,000
250,000
500,000
400,000
Soulhwark
Kensluzton
Penn
Weatern
79!,Ooo
2,83!,000
675.600
629.'200
f.97,100
1,0V2,'400
2,SS8,t'00
961,300
993.800
130,000
536.1U0
361,(00
SiO.lOO
1,195,700
1.131.700
|5S,357.70t
$3i,227,600
200,000
300,000
400,000
City
Commonwealth
Corn Kichange....
Union...
First
Third
Sixth
Total
6,243.9;'-0
87',2(6
4,0(0
11,182
1,0(0
248..'86
5«1,331
395,000
829,000
25,286,200
25,2w7,60O
$3,760,000
3,821,000
4,517,600
1,686,000
1,121,500
2,517.000
1.46i,297
675.474
925.180
2,014.996
1,795.0(0
707,237
3,212,000
1,077,000
517,fc33
22,(.8S
1,570.000
58,314,(100
664.000
1,952.454
300,0(io
25,50i,'i00
2;8.20(l
l.f-17.914
1, 027 .83)
l,i98,88->
173,000
'396
280,'.'60
11,000
6,100
2S4.0l.IO
871 ,0U0
216,608
279,241
1,13:.000
293.000
800,00(1
4,127.00(1
968,0(10
190,010
250,000
275.000
555.000
.'.4.000
£30,000
1.117.000
750,1100
4.12.>.0OO
3,180,000
1,000,1<W
250,010
2.19.SOCO
6:2,000
131.000
183.000
BS3.000
319,000
119,000
$li,9'28,861
$46,287,313
$'251,613
770.000
1,000,0(W
616.100
2:5,000
1.%,|I0C
20-.',70
2i),930
212,350
210.710
531.000
207.375
6«;,O0O
179.(00
270.000
353,418
2I3.0OO
181.9:13
::ll.0i:0
20,000
1,700
$720,000
961,211
566.000
2.011.000
1.367.000
3.596.0(0
878,800
681,000
316.000
12,034
2,000
18,000
1.9.)1,000
$16,485,000 $59,918,917
;
L.
1,152.621
1.513.890
1,000,000
Serenth.
KiKbth
Oentral
Bankof Republic.
Beenrlty
8D»ole.
2,S61,000
1,719.(00
2,829,000
500,000
500.000
26.230,300
25,598,100
5«,SS7,000
58,337,700
271.0!h!
233,000
797.(X«)
260,780
135.000
219.350
241.000
540.000
451.000
453.000
812.0(10
8.'>6.000
78,i,uOO
140,000
171.000
$10,617,618
Tnedeviationsfrom the returns of previous week are as follows:
Loans
Der. $511,397
Bpecle
Lecai Tender Not.es
Dec.
Inc.
2',900
86,917
'
I
Deposits
Circulation
Dec.
Dec.
Delaware
Vof.l
6I,'2T8,73S
60.46ll.94t
256,015
281.992
238,613
261.513
60,891,516
1286.470
34,156
69.918.917
^OUTATIO.VS
m
SUSTD.N,
13,512,72=
47,498,788
12,947,'243
47,.''r!,640
10,689,816
10,538,332
13,015,278
12.928,361
46,52S,H8
li).65l.7«9
46,287,'!S
10,617,613
PlilLAUELPUiA
BXOUBITIICS
BOSTON.
Vermont & Mass., 1st M.
6 ,'88.
STOCKS.
Boston
Boston
Boston
Boston
6s, Gold
do
53, Gold
Boston 6s, Currency
Massachnsetts
108),
no
73
CIn.,
68!,
stock*..
131V
132
fs
Sandusky
104X
Concord
do
Municipal 7s
Portland 68
Atch. A Topekalst m.7s
do
land Rt. 7s
A Albany
Lowell stock,...
51
55
& Maine
109
i(.9!<
A ProTldence
146X 145 K
Burlintcton & Mo. In Nebraska
S9V
Cheshire preferred
12
Chicago, llur. & (jnincy
iu>i|:i5
es
do SB.goUl
Chleai{o SeweraRe
AND OTHER CITIES
SEOVBITIEB.
Maine6s
New Hampshire, 6s
Vermont
.
6914
66^
A
Clev. stock
Uonnectlcnt RlTer
uonnectlcnt & Passumpslc,
E%
9
EO
'.33X
pf.
du 2c.
_
Tarmont
li
Mort.,'J.1891....
Can, new.
8a...
Vermont
Vem.ont
Canada
ft
ft Massachusetts....
Worcester ft
Nashua
111
106 Ji
6b,
coup..
mx
Huntingdon ft Broad Top ..
do pref.
do
Lehigh Valley
7
13),
62),
61
UttlcSchuylklll
Mlnehlll
Nesquohoning Valley
64
69
99
32)4
62)4
10)4
Norrlstown
Northern Central
North Pt-nnsylvanla
Oil Creek ft Allegheny RlTer.
Pent BTi van la
51
19V
55)4
182
United N. .J. Companies
West Chester contoi. pref
West Jersey
65)4
50X
Baltimore Gas, certificate'....
50V
91
90
lOU
107
106
27X 27X
96
9'i
96
S6
78,1908...
Wasf'iitffton.
year Cere., 7 3-lu, 1875
Ten year Bonds. 65, 1878
Fuu't. Loan (Cong) 6 g,
Fund. Loan (Lee). Oe.g,
6
166"
99
100
58
6e 'S3.... 102
W'mspoit, IBt m, 7b, '60.
do Ss.ptrp
do
Harrlshurg 1st mort.
U.ft n. T. 1st mort. 78, '90
2d mort. 78, '75
do
3d m. cone. 7s, '1:5.
do
Ithaca ft Athens g. 7b. '90
Junction 1st mort. 68, *85. ....
Works—
Ccrs. Geti.Imp.8B,187i
(o
do
do
do
do
64
64
84
81
84
64
1875
1876
1S77
1878
Series.
Certificates. Sewer. Sb, 1871-77.
Water Certlflcatee.Ss, H77...
.'0
97
101
'80
M03
39
><
05
'105
107
CINVINNA'rl.
Cincinnati 58
do
do
do
66
,
95
SO
80
8C
8s, 1881
Board of Public
lOl
2d
do
1900(93)
Valley, 68 1898
do
do rcK, 1898
.
SO
do
68, at pleasure.
Bounty stock, 68,
do
Market stock, 6b.
dj
i05
102
97
97
103
103
110
97
.
Georffftown.
General ttock,
46'
101
lOO
...
95
Che8.&O.Bt'k('47)0s.atplcas. tO
91
W
92
1892..
iP'?..
Cei o.of Slock (If 28) 58, at plcar
"
"
(1843)e>, at pleat
62
1901
Chartlers 7b. 1001
likes, 1st m,7e,'67
Dan.. H, ft
D.'laware mort. 6s, Tarlou3
Kast Penn. Ist mort .7s, '8<i
'92
Cs
78
7-30S
Cincinnati South'n
RR. 7.808'
Hem.Co.,01iIo6p.c.iongbds.
do 7p.c.,Ito6yre.
do
do lgbd8,7 4'..30f
do
Cln.
ft
Cot .Bridge s'ock,
103
94
9S)4 103
'102 105
101
'92
125
pref 120
bonds, long. 90
do
Cln.,Ham.ft D..lBtM., ;, BO... 89
do
do
2d M., 7, '8.1... 94
I,lttlc8chuylkm.lBtM..7, 1377. .00
do
3dM.,S,77... "3
do
Northern Central. 21m., 68,'85i ...
81
Cln.. Hsm.ft Ind.isenar
Northern Puclflc 7 S-lOs. MIV. "J* 16
68
luillana.Ist
Cln.
ft
M.,1
.,
'M'A
rOjX
North Penn. 1st m, 6s, '85
do
do 2d M., 7, 1877.. 72
'5 lOo
2rt m..s, '96
do
Colum.,ft Xenla, 1st M.,7, '90. 100
,101
chattel M. 10s
do
gen. M. 78, 1903.. W'H 1(15" Dayton*Mlch.,lBtM.,7 81.. 100
do
2d M.,7, '84.. 92>i
do
do
60
on Creek* Ale. K..ctn.78,'88 5b 82
do
Sd M.,7, '88.. 8j
do
•••
OUCreeklst m.7B,'82..
doTo'dodep.bde,7,'81-'94. 98
Pennft N.Y.C.ftE K 7s.'96-i90«., 11^)4
"100
1910
19.3
.
I
1
Wo
PennaylTBUla, 1st M., 6, 1860.
.10
gen. m. 1910, coup 102)i
do
gen. m., reg., 1910 iOlV
c"
Perklomen let m.6s,'97
. .
!
'
Phlla.
ft
Erie 1st
do
do
do
do
do
m. is, '81
2dm.
do
Philadelphia
ft
99
Dayton*
West., Ist M., 1681..
do
1st M., I9('5..
do
l»tM.,6, l!ia5.
Ind. Cln. ftl.af., Ist M.,7
(I.ftC.) Ist M.,7, 1886
do
do
do
,
Little
7s, '88
Keadlng6B, 80
do
7s, '93
deb. bonds. '93
g.m.78,c. 1911
do reg.!9n
103
lOS
82
105)4
106)4 107
109)4
conT. 7s, '.893 10a
l,Co m., 78, '92- '3
do Coal
Pitts.,
ft St. Louis 7fl, '90..
Shamokln V. ft P<>ttsT. 78, 19C1
76
Steubenville ft Indiana 7b. '84
Stony CrfCK. iBt m., 7s, 19C7. ., 100
cm.
*
^
Sunburyft Erie Ist m.78, '77.. 100
Sunbnrv ft Lewtston 7b, 1660..
Union .* ritnsvlile
CiiltedN. J. c ns. m. «8, 91.. 93X
Warren ft F. Istm. is, '96 .... 79
Westchester cons. 78, '91. ... 105V
100),
West lersey let m.6s, '96
do
do 78.1397.... :06
Western Penn. KK. 6s. 1593.... 79
79
do 6sPb'96
do
Wllmlng. ft Uead.,18t M.,7,190l
do
do 3d Mort. 1902
CANAL BONDS
Delaware DItIsIod 6b, '73
Lehigh NaTlgatlon 6s. '3t
RIl,'97....
'7'i
Little
2dM.,
'82 100
,
g,'94. 105
gold, '97 106X
.. 100
Water Slock
Wharf6s
do
do
do
68, '97.
special tax 6fl of '89
Mad.* I,l8tM.(IftM)7, '8
leff..
do 3d M.,7
do Ist M.. 7,1906...
~
do
do
m., 1, ^t..
l.onlsT.C.ft
.outsT.(;.iK i^ex.,i8T
Lex.,lsf M.,
oul8.&Fr'k.,lstM.,6,'7P-'7S..
LoulSFllle
95
l('3)4
82)4
90
75
1(3
103
94
90
100
90"
80
70
90
9S
60
100
11
42
103
101
93
94
.68)4
89)4
89
68
?s
83
88
88
69
70
^9
89)4
73
84
-9
96
'•Vii
74
'5
90
96
69
90
!9
89
<
37
3SH
"9?
lOOX
ST. liOiris.
do
78
Nashyllle
ft
Bl Louis 68,
.00
boat, '85
69
PennsylTanlafts, 1910
Schuylkill NaT. 1st m.68,'97.. 95
do
2d m., 68, 1907 62
90'
95
'.01
LOIJISVILIiE.
4o
do
m. 6s. c. '95..
do
6s, Imp. ,'80...
do 6s,b,:at&car,I918
do 7b, boatft car,19i5
scrip
do
Hnsquehanna 6s, 7894
Miami stock
65
75
68
83
92
46
96
LouisT,Loan,6.'81
do
L. «Na8h.lBtM.(m.a.) I.'n.
do Lon. Loan (tn. 8.16, 'Rf.-.KI
do
(Lcb.Br.)6.'i(6 6.s)4
do
44
do lstM.(Mem. nr)7,'70-'75. 'Mh
do IstM.(Leb.br.ei)'}.'80.'.nt fS
do Lou.L'n(L's!i.br.ei)6,'93 68
53
do Con8ol.lstM..7, 1898.
97
113
103X Jefl'erson., Mad. ft Ind
'7'
Lonlsv., Cln.ft Lex., pref...
102
'Six
do
do
common. 4
96
COUT
1876
1683...
LoulsTllle6s,'82to'S7
6s, '97 to '93
do
Watei 68,'87to'a9..
do
110
do
do
6,
Dayton ftMlchlgan stock ....
8 p. c.st'kKuar
do
conr.,
Uorrle,lstM.,6,1876
Miami,
CUi. Ham. ft IJayton stock
Columbus* Xenla stock
new
do
do
do
do
do
82
95)4 97>i'
do
78, 1.59!
Market Stock bonds. 78. 1?92..
WaterStock •bonds 7s, 1901....
"
91
84
101
do
7b,
do rcg
1(5
1(2
103
100
1(6
91
I0«
DMrlct of Columbia.
Perm. Imp.,6s, g, .).«J, 1891
IS)4
*83...
do
do
108
105)4
106
101
108
107
96), 96V
do
Clinton endorsed..
MISCKLLANBOUS.
7H
new
do
Lehigh
do
do
do
9
St
f)4
42
5
41)4
7
ifX
Mar.* Cm. 7s, F. k a., 'in...
V
51X
do
'id.M.ft N
19X
BOX
do
8B,8d,J.&J
55V Union Pit., IBt puar.. J A J..
..
,
106
do
Cam. ft Atlan. Int m,7s, g. 190'3 108
103)4 10IJ4
2d
do
1880...
78,
do
Cam. ft Burlington Co. 61., *97. 91)4
1O6
7s, 190C
(;atawi86a,
Bl.ft
do
2d M..(pref.)
do 2iM.(pr.by W.' o.)J.ftJ.
do 6s. SdM (guar.) J.ft J.
S3
63
52
ISO
6s, '89. ...
do
do mort. 68, '89.
Cayuga Lake Ist m. r. 7",
ConnectlnK6s 1900-1904
175
140
7
l*'ANHfN«TON.
Inc. 7send,'94
Amboy, 6s,
173
120
21 M., ((ru"r.) J.&J. IC*
d.)
1011
Belvldere Delaware.lst m,6,77
do
2d M. 6b,'95 96
do
do
3d M.6s,'87 93
do
ft
107)4
102
People's Ga"
Allegheny Val. 7 3-108. 1896
7s E. Ext..l910
do
.10
107
01
N.W.Va..8dM.(gnar)'-5,J.&J. lOii
PittBh. &c<n:ien8T.'}B.'98, do '-WV
Northern Central 68.1883, do lo3X
do
6b, 1900.A.*o. '>»
14
do 6s, gold, 1900, .) 4J. 100
Cen. Ohio 6<, lit M.,ie90,M.&S. 99V
51V W. Md. 68, l8tM.,(gr)'90,J.»J. 1^4
do
iBtM., I'OO. J.&I.. 91)
131)4
OANAI. BTOOKB.
Lehigh NaTlgatlon
Morris
do pref
Bcbnylklll Nsylgatlon
pref
do
Camden
1"7^
12
PltlBbtirfrh ft ConnellBTllIe. 50
nAII.i?OAT> po.\D-.
Balt.ft Ohl^ 6b,'.>8(i, J.ft J.... 106M 109
104
I855.
do
6x.
A.ft O... !(«>!
18),
43 k
42)4
new pref
do
28
Blmlraft WllUameport
Imlra ft Wllllamsport pref.. 46"
Bast PennsrlTanla
do
.
Par.
ck
ICO
do
Wash. Brnrch..U0
do
rarkerebnrg Br. 50
Northern Central
60
Weetcrn Varyland
50
CentraK liio
50
6t
pref
UIX
109)<;'.10
.08
B
..
Bait, ft Olilo-St<
58
Phlladclplila ft Trenton
Phlla., Wllmlng. A Baltimore
to
STOCKS.
HAIl.llOAtJ
pref
Philadelphia ft Erie
Philadelphia ft Heading
li», 190'2,
Noriol k "W acr, 8s
6s
do
110)4
6b, 159s, M. ft S..
6b, excmpt,'93,M,&
Is, 1900, J. ft J .
do
do
do
do
;...
do
Catawlssa
:!0V
6«,1!?90.
.
new
BAILBOAD STOOKB.
Camden ft Atlantic
36
do
ttastern (Mass.)
2d 7b
ilk UX
do
land Inc. 128.. 94
Bastern(New Hampshire) ... 16
Beaton ft Albany 7s
Fllchburff
131V 131)4
112H
Boston & Maine 7s
110
ui" Manchester & Lawrence
Burlington & Mo. Neb. 88, 1894 .m loox: Nashua ft Lowell
do
do Neb. 88, 188:
Northern ot New Hampshire,
74
Eaatern Mass.. 7s
Norwich* Worcester
Ind.Cln.* Laf.7s, ;869
Si"
Ofrdens.ft L. Charaplaln
do
equipment 10b.
76
do
do
pret..
do
funded debt 7s
(>ldColony
109X
Ogdenaburg* LakeOh.Ss
L'ort.,Saco ft Portsmonth
66V
Ofd Col. ft Newport BdB, 7, "77.
Rntland common
Ilutland, new 7b
do
preferred
y«nn'tCpa.,lBtM.,con8.,7,'S«
113
I16X
J. ft J
1»87. ..
quarterly... 104
90"
b'JH
5s,quarterly
Baltimore 68, i831,Quarttrly.. 106). 107X
107
107)4
do
68, 1366, J. * J
do
6<, 1890, quarterly,
1(7J, 108
do
ts,Park-lb93, IJ— M. i06 'l07)4
105\
2d
15-'29.3d..
6s
Harrlsbarg City
do
do
do
cU
68,
6s,
6s
do
78
do
New Jersey State 6b, Exempts
Camilen Coanty 68
(Jamden City 7b
!
are the totals for a series of weeks past
Loans.
Snecle. LcgalTender. Deposits. Circulation
Not. 19
NOT.82
*0T.S9
61, 10-15,
do
Alleithany Coiiutv
Pittsburg 48
The following
Date.
BALTinORR.
Maryland 6<, defence,
do
6s. exempt.
BAILBOAD BONDS.
201,900
13,700
58,600
is tne average confor the week precedTotal net
Tender. Deposlts.cuculat'n,
$970,000
793,413
4,106,000
;,5is.o;o
1,000,000
$23,'J09,100
58,657.4I'0
56,0J6.U10
1.355.(00
1,153,800
453,000
260,000
Bankof Commerce
girard
Tradesmen's
Oonsoiuutlon
3-27,600
2,592.500
Deposits. Circulation.
$62,000
2 807,000
491.9'.W
572.600
714,100
931,400
295,000
£91.300
;5%6;0
weeks past:
$5,461,000
4,S63.000
Manufacturers'.... 1,000.000
151,3'JO
631,800
595,100
49S,50)
ISo.OOC
146,000
45,000
Banks
ing Monday, Nov.
Philadelphia.
45,000
175,890
761,900
533,800
296,500
4tO,200
760,100
976,800
102,100
following
dition of the Philadelphia National
29, 1875
Capllal.
Loans.
:.699°,466
Dtcreaee.
Increase.
Decrease.
10,073,400
llMi7,70'l
10,077.700
10.191.700
9,930,800
772.1(10
:50,100
319,1(0
3I5,2JV
351,610
.712,200
Leeal Tenders
Ueposlts
Circulation
Lefrai Tenders.
Specie.
134.S(}0
889.2U0
143.8O0
3,161,300
19,990.800
are the totals for a series of
Loans.
HOT.l
S0V.8
OT. 15
Not. -22
Not. 29..
I
22«,7oo
eoi.ioo
The total amount "doe toother Banl[8."asper8tatement of Not. 29, ]g
The deviations from last week's returns are as tollows
Capital
£51,0ui)
1,135 .50u
1.424.000
64,8ot'
'..400
do
do
541.1100
1.011,300
1.172,300
l,12S.O00
l,ri3,700
690 .auo
061,900
1(M,(00
261,110
2*i.3t0
74,500
16,000
532,400
185,400
292,600
163.000
411,000
500,000
283.6)0
709,7iAI
1,1 i6 ,200
l'.6,l!0
8KCUEITIBB.
BTATB AND OITT BONDS.
^9.300
314,200
9,792.400
5«,'iOO
S76,r«0
733.200
1,706.100
;2J.60O
169.900
I78.(HO
Ask
PHILADELPHIA.
|!90,'2IjO
I,059.><)0
•>56,O00
Bid.
PennsylyanlaSs, coup
do reK
do
"..•MI,5O0
t8^.3')0
811,600
15S.300
6C0
9,5CO
4,500
lf,5,OjO
1,222,000
63,300
68.210
92,300
3 ('.,900
c,2oe
12,5JC
36.M00
8.8D)
18,800
9,J00
16,5U0
15,603
50,100
3.800
10,500
81,810
30.010
813.300
559,7jo
4<i8,O(J0
516,100
Bi2.30U
667,700
708.200
662,200
1,9H.5X'
111,901
3.370.3^0
2.07«.7O0
i,6;7,80U
3,400.100
3 630.800
S.5<3,100
1.S94.800
3,331.700
1,S64.70C
2,000,000
:6,900
;57.?0O
88,100
81,900
St.OOO
149.000
73.;oo
2JJ,000
II.XiO
131,000
05.010
67.0(0
258.600
121,500
84.600
1,V)0
575,300
9.787.^00
812,300
eii.4Jo
i,571,500
1,000,CX)0
1,841.610
733.600
621.700
135.000
2,000
Second (Granite)...
Third
Fourth
danH of Commerce.
Bank o f N. America
B'k of Kedemptlon.
295,a.O
107,000
65.000
20,000
41 ,.100
(00,000
1,000.000
750,000
Tremont
8l..'0O
10.200
4,000
10,200
1.811.WI
900,000
1,000,000
1,000.000
i.OOO.OOO
1,900,000
AV
1432.300
b«3.200
t 013.600
932,500
J. 769,110
1,713.700
S,iI«^iiO
i.sso.eoo
S.433.9U0
1,173.400
481,30)
1,000,000
1,000.000
143,100
16,200
2.206,9)0
li
4, 1876.
Etc. -Continued.
Circnl.
$A*>.i
tAia:iw
tia.foi
800,000
400,000
'"^Z
00,000
Metropolitan
Mount Vernon
L.T.Note
Bpecle.
Lo.ans.
»l.7ui.:uO
s.ioi.auo
4,571,110
3,I9J,300
700.000
Uassaohaaetta
Maverlclc
Merchandise
[December
.
tli«
:
Banlu
aiUatlo
^
.
Long Bonds
WnteHs
gold
• 105)< 107)1
do(new)x* I('6
do
do Bridge Approach g.6p* 105
"llOfi
do Renewal gold S."
do Eewer g. 68 (due'91.2-3)"|l('9
St
Lcini8Ca,new Parkg,68..' 102
• irsv
do
c'y, 78
At
ft
Pacific guar, land prnnlB
do
•
2d
30
M. (funded,
And interest.
15
I
104(4
— V
.. .
;
December
.
..
..,
.
THE CHRONICLE.
1876.]
4,
.. ...
631
GEXERAL QUOTATIONS OF STOCKS AND BONDS DT NEW YORK.
U. 8. B»md»
aittf
m*Ut4 Railroad Stoeki art fuotsd on a prtnout page.
tmeummw^
•«.»»-
to
u,\mt
«e
Ballr«a4 Band*.
(Am*
Tol.
Jteekaa<« rnrm)
boBdi. . .
AlbMV * Buq.. IM
Ii
M
M W
to ...
to
to
to ....
to
to
awn
BoMoa. Bntt. * Krt*.
(Mr ...
to
to
Ut 1*. (
*
Ulna.
^ v., O. BvUi
CbMUMk* * Ohio ti, .. 3tH
•» coB»
to
to
Ckleico * AMea riUtec (««
in
to MBOit.
do
u.vm
«S
S:M?iit:*'M-teB.
*o
«e
aii.Ata.*Ct»t.R.
M
otiai
ii
4fk>BM« ti, (an^wl.
_
107
. .
a Wabuta, Ut
Bid.
Mo. R.,Ft. S. is Guir Ut sa. lOf
3din. lOi.
o
do
N. Raran. Itlddlefn a W. 7>.
M. J. Midland ut 7b, gold
do
i<n«
Itt in.St.I..dlv
do
Umon
to
eqalpmt bd«.
to
eoo. conrert.
to
Hualbal a RiplM, Ut morL.
Unat WaaMm, IM mort.. 19H.
do
do
do
do
New
do
«o
11. Ark. C«ol. B.
COB »«c«1cmH»
wtu fct*
...
UmMb Jack. * ClUe.. Ut
a ._
p. c
to
to eoaaeLm.!* uati ioai«
1I3X
CkkatcBacbla^* Padto^ 'lOti
M :iu)
B. r. lac «•.
to
M
St.
CMe, Bar. * Q. t
"
I^MW
bes4a
'k.aa^oTMd.
^»ai*
4o
«s
«•
iii'
XtoM
Ctotral of H. J,
lB4l»Mto..r.
to
to
IMmilili eeowft.^'
IK ai.
]
iWMiia>\
M
to
to
to
to
cue. a
1114
a
;
BL Jo. a
MB..UC.P.
r.
waXaM;p.
Ma. !:*D.. U
Ma. H.*0. d
M a. C. a M.
I
...
hic.
Maw r«tk oaBOr
M
Maot%
\M
ilotTttaBiaa.Ma«n.
.U*l
to
to
II.
iOmSm
J
UBaMiiiiiliia
.MX
a
w,
to
.1
..
aocifn
T^
B.C.KB.
to
toaMaaiilt. • '-.
to
"
ma' .ntt:
oiTtsa.
Oa.,7a
C, 7i,
CaiaabU. 8. c, ia
*-
*
r. L. bda.
_«a
newbondB.ii
and, H.ac. RR.
do
do
UobUa 9a,(conpa.
to
•fcfca.,!
"X
...
on>
li,(ooBpa. on)
iteSK??5i.::.::::::::.::.
da
k.M«
Raw
orleaaa 9a
do
do
do
do
do
ooBBol. (a
bondB, 7b
(Old 7b, qnartartr
lOa.
to rallroadB, la.
lorfor
i»Ta
PtJGS
-
m
.
Ctaw^raM* a AA.. aM M*.
.':.iiiii:
Msnatobla band*
100
p.,^^Bdi
a
M
m£V.
MIeh. to. 7 a. r Mmort
WIch. •. a !l.Iiid.,S. r..7 a.a.
• If*, a Tel. Uakii* (aad....
to
to aaw baato......
«
M
«
9a
H
N
-ipblaold boBda.a
:1i.mM..
a M. J*, laa* BfaMa
<'a«wrwiia |fiL.MaM«.
iiiMnii.llAwirialaaW..
Mawt...
to '
to
to
sa
ii
Ga..7a, bonda
Ri
Maa.
IS
ti'
7»
Cbarlaaton. S.
SLraaia
aBar.a
uaba^aa * Meaa Cnr.
to
«•
83
dt
bo'
Ckanaalon Block <•
Mtaka
Claaai
wo
a.i
»
eafttfa.
.
«s
7ft
Aagaau. Oa.. *•. bondi
Ma
wtu IM.
caainl PeaMali, mM. wa*..
Caaml oCiava M a.^ (oM
to {«a.S:(eld
to
,
U
u
rr>Tn.
Atakkoa a Fabnaka, I p. e.
Bar. a Mo. Ur^LaM a. la..
Mi, to Ik.,
do
to
v.*
do
M£.toM..,
to
MkB.,toai..
to
to
HhS..toti..
do
to
ush to
•Ui.,tola.
do
Bar.C. H. a M. (M. dlT.)^. 1
M«ea.,««af. «M» 1<»H
4J«
'.£rolc*n' Quolatioiu^
Loolalaaanrw coBaol.7B
tooth tSarollna new conaol. a.
Taxaa Btata (a, Ign
la.U*|.3
to
Ti.gold
do
lda,o(IBM
to
IOi,peniloB
to
BAitaoAO*.
ar.rMk.ia.roi4...
a.rMitoL.o..li.cid
to
to
'•..C..C.ai»«-i.Ma.7a.B.r.
Coaaol.a. boadai
to
t<M>.ra>
co»r
••
90
8»X
Wlacoiuin Vallej 8a
aur.doalM
a MUvaakaarM
a
100
75
Soottaara Sacorltlea.
••It^
wiBoua at. rataa.
70
4<
3)
aa°
Caloa a Loganaport 7b
Union PaclOc. So. branch, (a, g
Wiikni Valler Ut7t,rol<i
Wett WlBcoBBln 7b, gold
.
•
M
e.
.
It. L. a Bo'eaatam Ut 7a, gold.
)t.L.ai.Mt. .Ark. Br.)7>,g.
Bonthem Central of N. T. >..
Park
to
a>Mig«ta,loac dalaa
Ta.Mveraca
to
». water
to
to ik rlrrr lopcoTanaa
7a, ranaoa
do
cUraiaadTa
UaiMll Wslar Worka 71.
IfllajllHi Ctty. daa g.
ep.(M.Ma
to
ras. *•
to
to
Iowa Mldlaad, IM BMt- ia..
tialeaa a Cklfa»a Kiuatol
fralaasla,U( aMTt-aa
8p.
A Newark 7>.
LonU, VandaUa a T. H Ut.
3d, goar.
to
do
St.
ofB
to
to
to
do
BaDdaik]r,Mant.
ctTiia,
t)
71
80
C. Bl. lat mort. IM. .
do
TaU UMkooap
IKtoefllaacBaa List.
lAratan' yii nWiwn >
is
bds, Se, 4th cerlee
SoDtbcrnMlna. coutruc Bs. .
7»
do
AnMr.'-T.-**
KoSSe Water
to
)
to
KK\
MCoatoL
to
„. »i
Ma. ^do . MXlUR
to
X. Waatara rtak. ta^
to
to
1AM
tlnkloataad..
I
ia.|»M.R.D.
:m%c to ..
to
to
to
to
to
Ta,
Waalara Ualoa
*»**!
II*
to
to
to
to
to
...
to
._
do
.
Rockf'd, R. 1. A SI. L. Ut -. Kid
R..u-it • * '*«we«o 7*. sold...
Bloux CUT « Pacific (>•
nt. 7a. IMI
l.oacIalaBd RR., in mort
Soatk SMa, L. I« Ut m. boada.
I
laM|k*W1^
WvloaB...
111
coop.
. .
.
tar.
MX
is"
Peoria A Rock I. *•, gold
Port Uaroa A L. M.Ts.gld.cnd
Pallman Palace ( ar Co. (lock,
1
10
2d 7«,coDT.
a J. ut mort.
Prona. Prkin
UU
to
to
to
to
to
to
do
do
do
Korth. Ptc ut m. gold 7 S-IW..
'Anala ASouthweitpm RR.m
OiwrgoA Rome 7s, guv
I
JolM * CUeaco. IK BK
laaMaaa a Ho., utai..(aa
a X. V. '», gold.
a Uiw. Mid. ut 7i, gold,
M
9D
Jeraer
M. r.
3d mort.. 18M..
OoIuct a Tolato, lit mort. laW
Iiltnou a So. Iowa, Itt mort..
Lararena. BCD a Mlu., Istm.
Ilu. a Ccatr*] MlMonrl, ut m.,
frklaXtacala a I>«c>tar, ui m
KoalOB a N. Y. Air Line Ut m. lOlH
ctarialaratu * Chic, Ut m.
Del.aHiotoB Canal, Utm., "tl
bt.
Bid.
aacuRiTtxs.
.
m. extend,
d<to
a
way
par
tht tter eerU valtu, jehatever the
mmcvtrni*.
(lOVmiTlB*.
•«•.
Mat*
Al.iliBKa
Pria* repretent
do
ft.
aav ..............
WOailactoo, R.
to
Hiaapaaital d
u a Btivaaiara I*, gaar.,
.
a. jSifc
CHiin Mkaap.
M
£*"
ci. ia, gold'...',
to
iiigold....
aaiLaOAOa.
Ala.a Chtit. utm.at.,
AU. ATcnn.
R.
and....
Ut mort.
7b...
MmoM.7a....
du
40
kUaalleaOalt.coBMf:
to
da aad.MTBB'b.
da Mock...
to
fc (Bar...
t
B.la, gQvattaa Caairal
eoanl. B.7i.
OaabalC
sSjfe
ail(MO.CIiaMa*DSS.irr.*
aaMk.Ma.B.*
M
aioak
vT.....^..
OaLAA.UlM.7a...
Mock ....
to
a BaTaBBah tt, and
a Cbar. IM m.Ti
jw a Darlington 7t.
.
ItaMTann.a (leomuat...
Tcnn. a Va. da, end. Tena
R. Tana. Va. a Ga. IM u).7b..
Block
do
do
ftaat
.8
»
8
do
iiock.
to
MaBDhli a CharlaatOB IM 7b.
_
IMaaarlfe
Ma«L.a.''ii
^foM
A VlBMn. UlTi.nar
_i, y. aaav. la
Iniiaa4aa>.ai....
R.
_
Oal.ClH
lacallaaaaaa aiarka
eaa
Je
MaMMTattBrapk.
_
4lB4.CUtawcl..
*. M
—11'aana.aM.M
MsaBiarB,Ma..
aort..
.'I
SM
a Ah
Ma
•. t«...
a.au.li.(LaB
_
Ctlr * CaBwroa iK.
c,at;jo.ac.B.«iof«
i«t°7>
Weoap.o"
-^
TJ
faBdr<1
u
'taa»,Aicl..ail.w.7..»oar..
>T.. Law. a Oal. IM m., IW.
Craw.as. w.ti.cld.
.
ic«rr&M
J
to
to Bv.'dit.,
M
~
n
I
I
I
!•
10
I
AlrUsaa.
|loaP.J«rTU7i.(eld
trM7i,r>M
-AToaa
a
Puio.la.
...
do conr.7B
do
Rkh.Alianr. Ut conaol. ta...
Huuthwoat IIU. Oa Ut ro.
8. Carolina ItR. Ui in. 7b, new.
ta
do
7b
do
Block
to
WiM Alabana a, guar
paar nt;a cotTPoaa.
Tenncatea Bute eoopona
Virginia oonpoBB
.
L. Oai. iiMa RR. IM in.
MiM. Ut ;<.it"i'i
Cika tap.
a
i?.i
Pclrraliurg iBtm.jB
Rich., Fre'ktn'K
KaoSak a Daa Molaaa
m
cvrllr'B Ba..
do
7b
do
a. a
RoribaaMam, B. C, IMm. a,.
3dra.8a...
do
Oraage a Alaxaadrla, lau,li..
3dB, a..
do
do
Ma, a.
do
do
4tlit,M..
do
do
Rlrhm'd A Pcier>b'( Ut ni. it.
.r
•JoaVof ir'i!"'
do
A
l»^
Jtcka. ut
A OiH-louii. ut m. Bb
'a ('liallanooga 6b. ..
'•.i.<.*i)B
ilo
Hoek
ABMtbB.N,caar
C _
unaaaaa
to
V
to aaw eld
a.
ja,KM,Jaaaa0ae
to lii
Clfaa.APMa.waiaLi.faBd.
4»
to. «Ui aott.
.
ut in..
du Block
do
-~ 1i,a(t«a>laD.cold
|i,laad (TBBi. lid
to
itock
Moni. a Enfaola Ut to, g. and.
Moblla a Uhlo iUrlIng
do
to cz oorttr
do
to a.lntarcat
do
do Sduiort.M....
do
aitoax C IMIi...
ICLwOa*....
lank. IM 7a, (.
_..'a)ua)M f....
«i,lia>tb.
ad7a..
Little Rorl
tiii^UppI Caalral IM n. 7b. .
MlB.tB....
do
IlllillilpH * Tenn. lal m. 'a.
do
do eoBtol.a.
MoBtcomarr a Weat P. Ut a.
do iBcomt
do
..
[trTaltarrM
aiai C. IM
MUWMtB
do
do
do
to
MaopMa a
a*
I
do
J...
fold..
oonaol.oons., ,,..,,,.
MMDpblt City eoapdlu..
,
, .
00
100
Oeorgla RR. 7b
Block
do
Oremrllle a Col. :•, gnar ....
do 7i.certlf. ..
do
Maroaa Rranavlck end. 7b..
MaeoB a AaguaU bonda
to
to
.,,.
.
64
4
55
48
4
S
j
1
>THE CHRONICLE.
582
NEW YORK LOOAL
Bank
thiii
(•)
Periods.
America*
J.
An)«rlc»u Exctaaoge.
ft
Bowery
Broadway
Laat Paid.
1S74
J.
J.& J.
J.& J.
Cbemlcal
ev. 2
J.&.I.
City
Q-F.
.KA J.
Commerce
Continental
J.
Corn Kxotianire*....
Currency
Dry Goods'
Fifth
Flrat
600
Ponrth
Fulton
Oallatln
0,000
200,000
200,000
BCi'manta*
Greenwich*
Grand Central*
'100,000
,
& Traders'.
500,1100
1
500.000
moio
Island City
liuather Alanufactrt^..
Manhattan*
Manul. & Merchants*.
Marine
Market
Mechanics
Mech. Bkg AsBO'tlon..
Mechanics & Traders..
Mercantile
.Merchants
Merchants' Ex
Metropolis*
Metropolitan
Hill*
42-J.700
Park
2,000,000
4;2,.WU
1,800,000
250,000
2,000.000
1,000,000
800.000
800,000
1,000,000
200,000
2,000,000
1.000,000
1. "00,000
Peoples*
Phenlx
Produce*
Republic
Bt. Nicholas
BeventhWard
Second
Shoe and Leather
Sixth
State of New York....
Tenth
Third
Tradesmen's
Union
:
May
1,^5.. 10
Continental
Eagle
Empire City
Kxciiange
Farragut
Firemen's
J.
J
&
July 1,
July
IK
10
4
8
10
14
«
5
8
7
12
12
12
10
7
Lamar..
Manuf &
1,"!?...7
Jnlyl,*7.'>.S>,
•73...
July 1, '75..
July l,'74J)^
July
J.& J.
J.& J.
12
12
8
8
J.&.I,
M.&N.
J.& J.
N.Y.
July
8, '75. 4
75..
Gab C0J1PANIK8.
47
July 1,75...
July I, '7.1...
Nov. lO.'TS.. 4
Brooklyn Gas Light Co
Citizens^ Gas
2,000,000
1,200,000
Co (Bklyn
do
_
Harlem
certincates....
SOO.(J('0
1,850,000
386,000
4,000,000
2,f 00,000
1.000,000
Jersey City & Hoboken
Manhattan
Metropolitan
do
certiQcates
do
b nds
500,000
5 000,000
Mutual.N. Y
Nassau, Brooklyn
do
scrip
5(10,000
4,000,000
1,000,000
300,000
4S6,00O
53.000
People's (Brooklyn)
do
do
bonds
Westchester Conutv
Certificates
Bonds
21,1 lOO
Williamsburg
serin
do
1,000,000
1000,000
£:»',eker St.it fuUonJ''erri/—alacki lou
ist
mortgage
Ist
mortgage
,000
100
looc
BroaAway A Seventh 4pe— stock.
Brookii/n City— stock
:o
mortgage
lOoo
Broadmay I Brooklyn)— stack
loO
Brooklyn tt Jlunler'sPt— Block..
'00
Ist mortgage bonds...
iiooo
Ventral Pk, If. it A'. iHcer— stock 100
Istmortgage
iixio
2d
do
'lOOO
1st
>
I
CAristoplier dt'lentti street— tioci
Oiney/mnnd ct Brook'n-ist mort
B. A Batter y—eloeX
1st mortgage, cons^d
mtgh ih <lr«nu«— stock
Ist mortgage
Vry Dock, E,
tidSt.
<t
.
lOOC
100
arand St Jierry-^toii.
Central Cross Jown- alocb.'.
Istmortgage
Second Avenue — stock
Istmortgage
100
..,,*,"*
1000
'"
50
*. '"
"
2dmortgage
84 mortgage
Coss. Convertible
iftixlh Aventiif.- stock
Istmortgage
S/itrit Ave.nne—stock
Istmortgage
f'Knly-tlUri Street-ttocis
1st '•^^^t.^>'g(i
200,000
400,000
800,000
1,161,000
550.0(10
600,0011
650.000
307,000
1,200,000
900,000
1,000,000
'
'.],
,
2,000,000
300,000
2;.'0,000
'
Istmortgage
Avenue— Btoc)i
1,(100,000
203,000
750,000
Istmortgage
tllnth
900,000
614,000
2,100,000
"
100(1
10(0
1000
1000
560,000
200,000
797,000
167,000
89fl,'0O
'.
10«1
',
"..
1000
100
1000
750,OOC
250,000
2,000,(100
2,000,000
600,000
llOOl
120,000
100
•Tlu» coiunu. buows last dlvldeod
t»n tiodtt,
Produce Exchange
160,000
150,000
1,000,000
1111
VOil.lUI
Republic
60
100
Kldgewood
lOil
200,000
800,000
SCO.CCO
200,000
100
25
100
26
50
100
100
23
25
July. "75.20
2'20
Julv'7i..;(i
Aug.,"73.1(
175
173
145
July, '75. :0
July, '75. .5
July, '75. .5
July, '75.10
,luly,'75
Inly,
U)
129
3(0
.7
"75. .6
July, '75.10
July,'75.7)(
13
10
10
July, '76. .t
Inly, '75..
July, •75. .6
M>g..'75..S
10
:o
July, '73. .5
July, '75. .!
July.'75..10
(Jet., '75.10
io'
.July, •75..
20
Jnly,'75..!0
99
165
115
93
101
101
July,'75..6
95
100
July,^75...6
170
118
Joly,^75. 6
'23,741
10
10
10
lU
Ju
15
July,
136,241110
174,612 10
80,264 15
121,317
83,445
79.863
169,447
67,288
113.712
187,759
315,753
10
10
10
10
10
10
10
10
17
10
20
20
20
10
20
CO
-
160
Inly, '73.10
M3
426,524
AnB..'75.10
July.*75..5
July, '73..
17U
85
115
12S,6('0
12
Oil. ,'75.,
3.6(1,139 :20
;o
Jr.ly, '73.25
166,216
211,614
JuIy,'7i.lC
170
ro
.!uly.'75.10
.lu v, 75.10
210
586,22!
12,(X)
43,051
101,002
58,877
July, "S..
July, '75. .5
July, '75. 5
July, '75. .5
July, '75..
I',3
,Tnly,^75 .5
"f6"
10
II
10
10
•M
191,749
90.597
t61,403
121,506
78,!IK0
71,07'
UO
198
80
189
175
90
118
IC9
130
100
'w"
9.1
67
91
no
Aug.,'75.10
10
170
110
isd"
.'0
l.'!2,:08
.i!0,441
118
97
11'6
SO
lU
10
196,0(11
•20,629
175
July. '75. 11' •2C'5
July, •75.10 140
July, '75.11 166
103
July, '75..
July, '75. .5 103
<B0
July, •75..
93
July, •^s..
125
July, •75..
107
July, '75..
July, •75.10 215
160
July, '75..
93
July, '75. .6
July, •75.1(1 185
75
July. '75..
July, '75.10 175
Jui.e,~3.I0 191
July, '75. .6 110
10
13
50,008
151,863
86,755
121,476
234,314
96,618
Si 0,S85
•75. .6
July.^75..5
?cnt.,T5.,5
10
20
20
122,4':9
y, '75..5
July, •75..
7
14,861
80
July '75. .,r
Oct., '71.1
10
15
50
143,112
77,712
200,000
200,000
200,000
200,000
200,000
200,000
150,000
250,000
AUK.,'75.lt'
220
Ml
310
July, IS..
;0
l'i5,-96
2(IO,C00
-Inne,"?.^.^
85
185
120
175
Ju1y,'73.7)«
11
Aug.,'73..5
15
.Ju!y.'75.n.6
July,'75.7)<
10
in
i-20"
110
115
Aug.,'75 .5 103
US
Stuyvesant
165,S(i9
16
July, '73.10 . .
Tradesmen's
133,966 14
10
Julv, '73.10 173
United States
'246,823 14
14
July, '7b.. 6 170
Westchester
10
2,10,000
10
Ang,'73..r> 110
tl62,560 10
10
Wininmshnrgritv. 50- 2,10,0(10
»6.690'10
10
12
Ju y. "75.101 211)
' Over all Ila.hilltle8. Inchming
re-'.nsu.-aiice. capital ami pi-nilt scrip
t Stock dividends of 25 per cent by the Hanover and Westchester, 2J per cent
by the Home, and 33>i per cent by ifie St. Nlchclas, have since been declared out
of above net surplus.
Bid.
a
dlviaend.
10
I
1
J.& J.
J.& J.
M,&S.
C!tr Sccnrlties.
M.&S
J.&
[Quotations by Danibl A. Moras, Broker, 40 Wall
J.
July,
M.&N.
Q-F.
M.&S.
F.&A.
&
J.&
J.&
J.
J.
J.
J.
&
(londsdue.
"76
J.& J.
J.&D.
Q-F.
J.
&
J.&
7
J.
J.
J.&.
York:
Water stock
100
105
150
ion
July,
75
1(B4
1872
ios"
July, 'S
155
Si
86
t.,'-,5
ISliS
Q-F.
& J.
'1877"
Nov., '75
J.& J.
J.& J.
M.&N.
A.&O.
Ncv.','75
1873
72X
(O
Bergen bonds
Oct. ,-75
F.&A.
A.&O.
M.&N.
M.4N.
J.
& J.
Q-F.
& J.
J.
J
A
J.
M.&N,
.
1877
1876
1885
1888
Ask
'75
1(190
.
1868-«9,
;!raoi;wn-[(Jnot8tloua by
Local Improvement—
..
City bonds
N
!4I>
UO
July, 15
nXto date ot njaturlty of »«n<f>.
166"
Brldgcbonds
Water loan
City bonds
Kings Co. bonds
do
do
All grttoklyn bonds flat.
6
"h'
7
7
"7'
January
dc
do
do
do
do
do
..
&
I
1S8;i-90
18SI-1fi11
& July,
May A November.
ao
do
:('9
1
win]
110
103
97
1875-98
1875-95
1876
100
97
1901
1(19
no
19(15
102 >(
101>,
109
:(ii
103
102
110
112
1S78
1894-97
1S76
1SS9
96.
lOJH
1376-79
1876-01
1O76-I9C0
Wall
I
103
ft-'X
1(13
IIMS
10*
IM
113
1('2H
,03
114).
2
108
113
106
107
1
Ki
96
101
102
9S
97
ICS
102
lO'J
105
1877
1895
1899-19(12
'.P05
2>i
W
1(13
102>.i 103
iwn-n
19(11
January and July.
do
do
do
do
do
do
1l'2>«i
I
1884-111(10
1888
1879-82
1F96
July.
Bkbbs, Jr., Broker,
IBl
\
iS'Jd
1879-9(1
January A July.
do
do
Jan.,May, July & Nov
January
do
do
do
do
oo
do
Water loan bonds
100
:
I
do
do
do
do
do
do
97
102
1
137,1-79
;
1IJ9I
do
Park bonds
Nov.,*?!
1890
Nov.,
70
100
100
Nov
May & Novc'u^cr.
S^g.
.
7.'&b'.
|F('b.,May, Aug.A
1
County
Water loan
1852-ir7.
do
long
do
1869-71
bondj
1866-(!9.
Sewerage
Assessment bonds. 187(1-71
Improvem-nt bonds
J.& J.
do
do
do
May & November.
var.
var.
var.
do
do
Ntiw (Jonsolldafpd
\A'eatchc8ter
Jersey Cttv:
155
100
do
do
do
1869,
ConsolKlated bonds
Street imp. stock'
1890
jily,'75
May & November,
May Aug.A Nov,
Feb.,
^
1875-80
I
Floating debt stock
1860.
Market stock
1865-68.
Soldlers'aid fund
1863,
Improvement stock
1R69
do
"iss'i"
J?&D
92X
Nov.,";5
lFeb.,May Ajg.& Nov
do
do
do
do
do
do
(io
do
1811-63.
do
1854-57.
Croton waterstock.. 1813-51.
do
do
..1862-60.
Croton Aqued'ct stock. 1865.
pipes and mains
do
reservoir bonds
do
Central Park bonds. .185S..17.
do
do
..1853-65.
Dock bonds
1832.
do
1870.
do
1-75,
.
1SS0
F.&A.
M.&N.
J.
Bid.,
A'eto
i:"."'.^'
O
Months Payable.
Rate.
Nov.,
July,
J.
Prio«
I
July,
J.
Street.]
INTKRKBT.
Oct., '75
1,099,500
350,000
200,000
150,000
.,
60
50
Resolute
Rutgers'
Safeguard
St.Nlcholas
Standard
Star
A.&O.
F.&A.
1,000.000
,
Now York
20
People's
Phenlx (B'klvn)
20
5
10
"iaim
200,1100
2(10,000
100
Peter Cooper. ....
Sterling
Last
S!
50
25
26
Relief
Exchange Place.)
PariAmount. Periods.
100
100
Park
1, '(5.. .3
1. '73.. .7
Gas and City R.R. Stocks and Bonds.
[Quotations by Charles Otis, Broker,
""&
Pacific
I** July 1, •75-. 4
10
July 1,'73.,.6
10
Nov. ^•73..5
s
Julyl.'75...4|
J.& J.
M.&N.
J.& J.
Equitable....
Niagara
KorthP.iver
Jan.2'74.Jxe
J.&.I.
;o
50
60
87S
'.0
t329,C9}
90,653
t885,281
200,000
150,000
200,000
200,000
300,000
200,000
200,000
200,000
210,000
200,000
200,000
500.000
350.000
July.'Ts..-.
10
10
13
10
30
10
81,306
9!,940
19,937
322,569
398,751
116,672
325,221
200.00(1
250,00(1
50
50
50
New York Fire ...
N.Y. & \onkers..
July
Aug. 9,
.T.& J.
National
1,'75.
Feb.
100
lOO
25
Nassau (B'klyn)...
JulTl.'75..:6
Nov,l,1.5...8
8
F.&A.
102.H
Builders*.
Manhattati
Mech.&Trad'rs'....
Mechanic8'(Bklyn)
Mercantile
Merchants'
Metropolitan
Montauk (B'klyn).
10
11
10
17
474,0(9
119,558
200,000
200,000
200.010
160,000
280,000
150,000
200,000
150,000
200,000
300,000
75
20
3i'6.601
92,615
94,183
Jnly.'7S..5
17
212.373
i09,8»4
1^6,9C7
49,737
27,478
123,6:9
26,2:;6
Aekd
10
20
30
240,4 1:
.100,000
25
50
25
LorlTlard
131
7,721
260,575
200,000
200,000
20!,000
150,000
150,000
200,000
Last Paid, Bid
July,'75..8 160
July, '75. .5 iin
7i< July, '75. .4
10
July. •75.. "73'
10
Julj,'75..5 10;
5,095
16,488
106,636
390,375
'200.000
200,000
200,000
200,000
150,000
600,000
200,000
3,100.000
160.000
100
;
(8,7«
20(1,000
30
•*
40
50
Lenox
244,««3
1,000,000
500,000
5(1
Longl8land(Bkly.)
I, '75.. .5
SM
3X
101
Lafayette (B'klyn)
Oct 1,'ni. .4
Nov. lu,-5..4
]..lyl.'75...6
1,'75.3H
JulylS,'T4.3)i
Importers'A Trad..
Irving
Knickerbocker
July), •75..^
July
Hope
Howard
Jefferson
Kings Co. (B'klyn)
.Jan. 2. -75...
1
12
12
12
10
7
J.
.4
1, '75...
July
July
:5
60
50
100
25
60
Home
.Inly 1,"I5...4
Inly 1, "75 3)i
May,
8
F.'&A.
200,000
July
100
Hofllnan
Nov.
Nov.
4
8
10
8
8
10
13
HO
Hanover
.July I. •75.. .5
"•ov. !,'7i...8
1,'75 ..6
1,'75..4
'.0
10
9
8
50
50
25
Globe
Greenwich
Guaranty
Guardian
Hamilton
"75...
:, '75..
Fund
Firemen's Trust...
Julyl,'75..3>4
11
10
17
10
10
lOU
100
M.'W
41X1.000
1,000,000
300,000
200,000
6(1
iH
-.7
200,000
200.000
200,000
300,000
200.000
200,000
153,000
300,000
210,000
250,000
300,000
200,000
200,000
3I<
Qebhard
German- American
Germaula
Ang.10.-75..
10
lOU
lOO
Enjporlum
l,'75...6
Jau.l0,'75...4
.J.& J.
1,000,00(1
1,500,(100
West Side*
1 '75...
.J.& J.
20
70
:oo
SO
100
SO
100
40
Flreraen'8
May,
Feb.l2,'74.*S
CItlzeus'.
Columbia
(Commerce Fire.
Commercial ....
7S.8H
9, '75. .4
'74...
July
17
22,:
20(1.000
100
25
Brooklyn
City
Clinton
.Iulyl,'75...S
12
A M'lst'rs
Broadway
Julyl,'75...7
M.4N,
J.& J.
J.& J.
J.& J.
J.& J.
J.& J.
J.& J.
J.& J.
J.& J.
Q-F.
J.& J.
1,000,000
400,000
300,000
Paoiac*
1.
20
SO
26
..
Brewers'
Ju'yl, '75...5
July 1, '75..,
Mch.l,'75..4
A.&O.
1.5fl0,0r«
Oriental*
1,'75...4
July
101)
,
Bowery
May I, '74...'.
M.&N.
M.&N.
M.&N,
J.& J.
J.& J.
J.& J.
J.& J.
1,000,000
3,000.000
200,000
500,000
500,000
"...
120
Oct.
J.
,I.&.I.
J.& J.
2-J0,000
Ninth
North America*
North Rivet*
soo'
200.000
200,000
100
50
100
,
Arctic
Atlantic
l.SiXi
wcv.l,'75...5
Jay
iEtna
Amity..
100
I4J
July 6. 75.. -1
July 6. "TS...
F.&A.
J.&
J.&
500,000
4,000,000
New York
New York County
N Y.Nat. Exchange..
NY. Gold Exchange*
1,'15...4
25
American
American Excb'e
Feb. I,
F.&A
1,000,000
Nassau*
"75. .6
8
July 1, TO.. 4
2-8 Nov-l.-TS.,-?
11
J.&.I.
600.000
500,00u
4:0,000
2.050,000
800,000
400,000
l,000,OOC
2,000,000
600,000
500,000
1,000.000
3.C0O,0CO
Loaners'*
Manufctrers'* Build.*
14
J.& J.
.!.& J.
M.&S.
J.& J.
J.& J.
1 000,000
Irvlnst
I,
,M.&N.
lOO.llOO
800,0(10
Grocers*
July
lit
Jalyl,75.2s
July I, 76.. .S
It
M.&N.
A.&O.
F.& A.
M.&N.
M.&N.
M.&N.
ai
IK)
JnlvlU.'75...9
7
.!.& J.
1500,000
1000,000
1,T5...4
Anir.2, 15...5
ri-
mi
Nov.
l>ivip«SDe,
1871 18r2 1878 1871
1K5,*
Adriatic
IiUt.
Bailkt. broker, «5 Wall street.)
S.
Capital.
PLUS,
Par Amount. Jan. 1,
CoMTAinxs.
Aakd
JbG'1,"74...4
J.& J.
B.000,000
600.0«)
German American*
German Exchange*.
J.
4 J.
J.
i.w>.:
IniTl, 15., .5
Sept. l,*7J.16
Julyl,TS...4
P.&A.
J.* J.
J.& J.
1.000,000
850,000
210,000
150,000
East Klver ...
Klevonth Ward*....
A
Jalyl.'75...5
July
mos
Cltlzeas'
Bid.
JulTl,'73..12
Sept. 1, '75..
Jalyl,'75...5
.
Central
Cbatliam
Murray
1873
M.&N.
J.& J.
J.& J.
Q-J.
Ball's
Importers'
(Quotations by K.
Pbiot.
are
notNutfouai.
Hanover
Harlem*
SEOURITIES.
Inanrance Stock
DiTIDEKDB.
Head*
Butchers A DroTers
[Dccembsr 4 1875.
Stock Llat.
COUPANIES.
Harkml
555
6
^5
6
7
5
.
I
.«3X
II'S
102
103 ti
1(2
10)
St.]
1876-80
1S81-9S
1915-24
1903
1915
902-1903
1881-93
lOilVi
nox
119
:iov
IlliV
112Vi
10
111k
1
ii.i
104
18S0-ts3
1<2
|(6
lf8K
«7>i
1S73-SU
100
ica
Deoeml^r
4,
THE CHBONICLE
iSiSJ
JuDCstmcnts
TOBI
Is published oa the laat Saturday
The
of each mouth, and furniahed to all regular aniMcribers of the
" larMtora'Sapplemeot"
No
Chvoxiclk.
aa only a anfflclent
number
Is
Supplement are aold
187S.
18TI.
2!«,1!» 9!l
360 000 00
],iM.8a8 77
4,9n«,77U
65,423,481
tM.'»8
freicht carried
milniKe
rreltital
aiogle eopiea of the
633
Paid for Intereal
Dtvldenda declared
Sorplna
Piuaeoger* carried
Paannger mileage
AND
STATE. CITY AND COBPOBATION FINANCES.
office,
)
:
.
.
Average rate for all peaseogera
Avoage rate (relsht per Ion
K
960.000 00
l,67t.S8> 41
4,749.866
79,06!. 176
9U,MI
MT.871
a&,4l0.7M
».xCO.aM
tO0*9
$0.0188
0.0185
0.0)86
...
Old Colony.
at the
(For the year ending
printed to supply regular
S-.pt.
30
IS?.')
I
Tbe
ubecribers.
report shows that the g'oas receipts (or twelve months
were f2,i30.473 90; expenses, $1,413.135 39; town, city and
SUte Uiea, $110,609 01 total. $1,553,74140; net earninirs,
$789,780 SO leas $35S).003 84, balance of interest account, $473,M6 68 ; deduct dividend!!. $417,032 50 balance to inco-ne
aoeottot, $d/';73 10; balance of income account, $077,917 IS. The
dividend of Jan. 1, lt)7S, is to be taken in part from this balance.
The decrease in receipts was $103^35 73; decrease in working
oxpeaaea, $04,804 05; decrease in intere^it paid, $23,179 43;
ineiaaaein taxes, $14,173 01 decrease in net earnings, $1,434 96.
A number of improvements have been made, the cost o( whldi
has been charged to expense, and may bo estimated as follows
OsitaraaweiialpaMnt
$>7,«7a 9f
OMCaf HOar platranna and (latent
»,««1 98
;
ANNUAI, REPORTS.
;
;
Boitton
aud Maine Bailntad.
{For the ytar ending Sept. 30,
1875.)
report of the' director! of the Boeton and Maine
Railroad exhibit! the reenlt of the operations ol the road for the
tirelre months ending September 90, t87S, aa follows:
Tke groa* reeeipU (or tw>lT« oioeths eadlac 8«pUsil>«r 30^ WS,
'7.7::::
!?:.
$MM,woib
$1.MI.1>I 81
n «Msi lt iiiiiiiaii iirlsilTi nf Htm
The annual
wm
mjmM
.
TSSspu
liZrv:
tanjux
Laartac as net earalag* for Um y<ar
latsiest sad eoopoB* paid dariac the T«ar.
<..,
•aH,i7»4i
tB*,IW93
laelndioK interest, coupons and taxes, $1,794,444 84, ahowiofr a
deereaae in the grosa reeelpts of the present aa oomparrd witU
tbe prerlona year of $SijVS9 09, and in the operating expenseii,
Including inlereat and taxes, ot tl8,088 14. The net ineorae for
the year ending September 90, 1874, after payioK interest, eonpon*
snd taxes, waa f697jlS4 48, showing a deereaae In tbe net iomme
of the preeent aa compared with tbe prerlona year nf |19.!)7''> n.
Thia tailing ofT in both gross and ns* rseelpta, during the pant
Tear, U aceoonted (or by tbe loag-caaUBaed depression in all
kiada ol boaiBeas, commenrlog lo Bepta ber, 1873, with the gmt.
Tbe dim-tors
linaacial eriaia, and extending lo Iba prasaot time.
call attaallon to tbe fact that " the graaa reeelpta for the past year
are oa!y $33,090 GO short of the year 1874, while tbe loss in nrt
tarniDga ia only $1U.S73 95 abort of tbe previoaa year ; at the
aama tiaM, the operating expenses, inelndiog taxes aad latereet.
hava bSM ledaced only |i3,eS3 11; all of wMcb proTea that Ibe
neat err that has boca ao oftoa aooadad by iaieraatod paniri
darias um paat year, that your proparty waa bala( wasted l>r a
raioooa eompotitkw wiih a neigbbofiag load, baa aerved only' to
frighten atiwiibolders and theiaby depress tbe market ralua ol
m
their property."
Tbe floating debt of thla corporation baa been rednord during
tbe year 9337349 W, aad stood, at tbe close of budoees, on tlie
30th day of BeptsMbar. 1875. at t37:i.8'>0 :». Tbe same baa been
further rednesa, aiaea tbe doaing ol tb« arcnunta, by tbe payment
of aatariag llaMlhlaa, amonntiag to $13.5,000. At tboJaUof
Ibia report, the whole floatlag debt of tbe enrporatton la $S49.Twenty-eight tlionsaad Bve hundred dollars of this
SO.
ame«rt waa incurrrd witbio tbe past year for additional freight
groaada ia I,awr«aee. Toward funding this amount we liare
$l99jS00 of the 18M boada yet unsold. Tba managers of yjur
proaortT have esartsd themavlTea lo aacare for yoor road iti^
Isgitlmata and nropar abare of the biiilnsaa of ita own aad eoa.i
Doetlag UaaB,a»d with this object la vlaw bare Msd OTary!
boaotabla maaaa to aeeara tba aama. Oaa-half tbe boalaaaa aaat
of Portland, aa we bare always claimed, belongs to your road,
and aooner or later our claim will b« aeknowladgei as just and
reaaoaaMsw Tba time ia not far dialaat wbeo a '-broagb line,
witboat abaaga of cara, from Baagor to Boaton, will ba epaaad
o*n tba Boaiaa Mala* Bailrsad.
Tbe liOweU aad Aadovcr RaUroad baa beaa ia operatloa tUrt n
aioatba. daring wbleb tlma tba laaaipla fram tba aaoM have been
bat litlia more than enough to meet the axpeaaca of operation
> ad rent. Tlila hai Iwen no disappoiataant to tbe managers »f
your pmpertr. Tbe rolume of boainaas aaaklag the new route la
gradually iorreaaing, and it is coaSdaatlT belloTsd will prove
rrmuoerailve to tba stockholders of tba Boalaa and Maino Hnilroad.
Tba eontmet entered into with the Bsstsia Ballroad Company
«n tbe 4th of April. 1974. for a dIvMon of bnsioees at eompetlag
points, rontlont^ in lorr<> ; sod although Ita working baa not been
entirely free front Irictioa, yet the same baa saved us from any
wasteful nnnpetition, and led, wa believe, to reaulls beneficial to
bo«b part lea.
Tba fotlowiotc figurra are froiu the company's report to tba
6M
*
Msasacbnsstta Htata Commlsalooers:
paM
is;*.
la.
i^jaM.411
H
.
Op*fBllmi
.
O narsl lug «xp« i aa
Be
.
per
ef rosd.
Par r«at of rxpMMsa lo laetaae
faldtarisBi
r,
M
l.4M.«R
M
Commissioners
18M.
-
-
-
...••....«• «••••«.....••...
.
BebtUsMlltlM
u
(uaraaiur
OaaUagisel lUbllltlea
Bipaaaas for conttrariion
Avwate cost of coaairucUaa per mile, aUate
$8,791,890 00
$Mn.aw«>
a.vw^30, ^o
N8»l,7«? 98
195,008 00
Ittl\8n 81
4,4(«,880S0
track
m
S9,<'-lt
Ccai of r^alpSMat
1.1*9,71%
18,(89,149
.
Tout pnasrty and
aasata of Ike coBipaajr
Ils9 a<(ltisa te pceply aceoant for lbs yesr.
iiilHMiiiiMiri
^is^l p ^^
tralsfct
dapi rt
w
84.190 01
1.174.798 19
MtlU i
19,7W,«74 18
i.«89,4i9ao
1,979,499 14
. .
Mtt.»l
Total eanilBfa
Karelagi par aOsefraad.
n
i
i
'
V**
98
81,9
IT
»
$»8,41l 89
981418 >T
40a,n9 90
890 !M OS
4 989.790
81,485,580
4,978,818
8S.818>8(8
l'i.-!Tl,tSl
8((,1ST
M,8Be,81«
99tJI99M
4t7,«(SM
fralgki
Usage.
Avsracv
ma
094
iiawaasi
fial|ht p<tf loa
Now York
all
n*
(8
C7.45
•nun
nt,v>(
.J lata for
MM.084
8,498,(77 98
1.888,18} 74
8,189 88
M
l,U8.74t
n
»
8,Tn»
8;99l
9.998,198 97
Op^ratlag axpeassi
Op«raiiag«»piaiiapaTaille!"l^l.^^I„"....,.^I
fw esat of ezpeosea lo laesms
BM avar oneratlag
Ifarlatwaat ...,*.
'
da declared.
798J8S
nt,019
T4|,4T9 <t
i.
ToUl IneesM
r
193.000 00
1.844,4(0 7S
Ml
New Eaglaad
(Boston Martford
(For th* gear ending
tiept.
.041
*
Erie).
80, lti75.
Cram the retoms made to the Maaaaehusetts
Csomlasioaars, we take the following figures
Stale Railroad
WIS.
Aalhorlaad capital •lock.
OaMltabUlili
asgaaiaator..
foe
Oast of aoaipmaBt.
Wsl
addlUea lo pr^erty aceaanl for the ya
"""^"
far OepartaMol
...........
ijonjf^ipf..^
psrmllaof road.
TMal
road.
—
Fir CCBI of ezpeii.e« lo Income
IWdalharcorparalloaaaarcBl
~""naov>r
oparallag avjiMitaa
fnrlatarasi
..
180
984.18^08
(8I.W6 41
91,584 18
969.850(0
489.1114
99
447,991 47
910,
(0
m
(.MRUS
015.880 18
79«.8i0 II
5,515 98
8(-70
19,159 18
t37,100 88
88,187 74
30,47(44
l.7(8.7M
illaMa...
U,(07.m
M
Tt
lt,l« 7*
l,MAjaM
8,IM VJ
W.78
llt.TTS
•
—
M fgf*^-- eairlad..
tlCMTIB
Mo,yn
:
(kpUitalock
lf,ll».l« tl
l.«7.in
14,797(6
OBStorM,l84reet of fids track
1690000
COstsf l,4!*loiM0f ateelralUInexccaaoftronattlSperton
39,590 00
Oaalof aewballdlDg*
16.907 00
The railroad and equipment have been kept up, and are now
ia good working order.
Tbe mileage of trains has increased the
past year 10.102 miles, and the computed expense per mile run Is
$1 12, against $1 13 last year.
The business of the road has considerably decreased during Ihe
paat year, caused by the general depresRioo in business which
has so materlaliy affected the railroad interests of the country.
Tbay have been able, without dtminiahiog the train service, to
cat down tbe expenses in nearly e<iual pro[>ortioi<.s, leaving the
net earning about the same as last year. Tbo entire suspension
of operatioQS by several large manufaeturiag companies npon the
line, and espaCially at Kail River, baa aHected the passenger reeeipia.
Th<< l>u9io(>ss with the ialau'ls in Vineyai^d Sound and
Naolncket shows a fair increase for tbe year and promises further gains in future. The New York basioeas has been particularly alTeeted by the general dulness in trade.
The boats bare
been managed with tconomy and have ruu without acctdenta,
aad tbey have received from tbo investment in tbe steamboat
company dividends amonnlinc to eight per cent on the Investmanl, which, as before atated, have been ci^ited to interest,
Tbe following figures are from the report to the State Railroad
Opusil ag cxpeoK* |>rr mile of
•lM:.t14
t.»M.aco«e
•.Ml.«« 44
Total piea wty aad asMte of Um eompaar.
K.< anailMa to p» ii|i«i if aceoaai lo* lae paa
Biaai a, saasaaaar dspsrta
M ilitplfc frsMfctJepsffta aal
Tend eat a laga
K ualagi par aJleot road....
:
(Mlal Weatiachome brakei.
77
aMr.RS «
Lmrlatthiiumol
The gmea taming* of the twelve months ending September
90, 1874, were |3.431.';<.>0 27, and tbe expeoses for ihe same time,
capital stoek
;
M
LIIT.nt II
Irelgkt
otrM
mileage
Avcfsg* rale pasaoagcr
844 008
(,(04,8(0
fVelirlil
Avwag*
fare.
..
rale ror all paaaongars
Avarage rata frolcht par too
—The preceding reporta
.OK
.944
of eompanlaa In Maasachusetta have
bssa taken mostly from returns in tbe Boston Adfiertiter, which
baa givsa eztsaded extracts from tbe reports of the Slate Comlasfoners.
—
::
:
THE CHRONICLE
634
GENERAL INVESTMENT NEWS.
3d.
and
—
Alabama State Fliiauces. The CommistiionerB appointed to
adjust and liquidate the debt of the State of Alabama have
adopted a plan, which ihey have submitted by ciroular to the
creditors of the State, inviting an early response. It appears
that their propopition applies to the direct State debt on'y, and
no arratjjreraent is proposed for the endorgej bonds. The following are extracts
••We propose that the State of Alabama i8.«ue new bonds having
thirty years to run, principal and interest payable in the City of
New York in lawful money of the United States bearing interest,
payable semi-annually, as follows: From lat July, 1876, to Ist July.
1881, at the rate of two per cent per annum for five years from
1st July, 1831, three per cent; for the next ten years, four per
and for the remaining ten years, five per cent per annumcent
said bonds to be renewable at the pleasure of the State at five per
cent per annum.
"These new bonds will be given in exchange for the face of the
bonds now outsanoing, issued and sold in accordance with the
provisions of the various acts hereinbefore recited, upon condition
that a'l p»st due coupons and such as will mature on or before
the let day of July, 1876. are to be surrendered to the State with
the bond to which they belong, without being computed as part
of the amount to be exchanged for new bonds. All coupons,
both past due and to mature, must be surrendered.
" In f xclianging the proposed rew issue of bonds for those outstanding all past due coupons upon the newbonds will be detached
at the time of the exchange.
"Under the scheme of adjustment which we propose, there is a
necessity for commendn? at a low rate of interest. There are
now ill circulation 11,000,000 of State obligations, made by law
receivable iu payment of taxes and all other public dues.
These
obligations must be retired before the State cin pay more than
two per cent per annum on the new bonds. They are the currency received and paid out by the State, but we hope, l)y adopting
a low rate of interest, ai we propose, and by an honest and economical administration of the State Government, the obligations
can b« retired by the lat July, 1881.
"Under the salutary reforms provided in the new constitution,
the General Assembly can create no new debt beyond a temporary
loan of $100,000, and we are confident the amount required to
defray tbe ordinary expenses of the State wUl be materially
diminished.
think, therefore, that the State may safely
promise to pay three per cent per annum for five years after 1st
July, 1881. By that time the probable enhanced value of property, under anticipated recuperation, will justify a further increase
of one per cent., making the rate four per cent per anrum and as
the tendency in Europe as well as in America is to lower rates of
interest, a good security l)earing four per cent interest will approximate pur in both countries.
"On the 1st day of July, 1896, the ne'r bonds of the State will
commence to bear five per cent, per annum, and they will then be
equal in actual value to the bonds ot Massachusetts, or any other
State ot the Uninn bearing the same rate of interest, and like the
bonds of Massachusetts ought to command a premium.
"The commissioners will recommend to the General Assembly
no plan of adjustment which they have reason to believe will
sujject the State to default in the payment of interest on the new
bonds and after carefully investigating the resources and liabilities of the State, we are satistied it would be unwise and unsafe
to promise more than is embraced in our proposition as herein
stated.
Were we to do so, the State, as well as the creditors,
would most prolaably be injured thereby."
;
;
is
[December
The committee
permantnt
been subscribed
mittee,
which
A, 1875.
composed of threemembers, instead of five,
one-half ot the outstanding bonds has
An election will then take place for a com-
is
until
for.
at the option of the
bondholders
may
be ii:crea8ed
to five.
4th.
The agreement to be binding when three million dollars ot
bonds have been subscribed for, instead of $5,214 000.
Ctli.
In ca'ie of foreclosure, the coiimittee, instead of having
the power to call for a payment ot 30 per cent on the deposited
bonds to pay the cash portion of the purchase price, must consult
the subscribing bondholders as to the price to be paid for the
toad, and as to tlie mears to provide for the cash portion ot the
purchase price and no bondholder, by merely signing the present
agreement ana depositing his bonds under it, subjects himself or
his bonds to liability to contribute for buying in the road.
0th. A clause has been added, empowering the committee to
pledge the bonds for the purpose of buying the coupons of the
prior mortgages.
Tlie holders of these are threatening to cimmence foreclosure pr;ceedings, which; if successluUy carried ou%
would destroy th'i value ot the consolidated bonds, and it is to
prevent the posaiblliiy of this ocouring that this clause has been
We
;
;
;
inserted.
The agreement can' be signed at the Union Trust Company,
simultaneously with the deposit of the bonds and the payment of
live dollars on each bond.
It is understood that the gentlemen above named will shortly
have some additional communication to make to first mortgage
bondholders, timcbiug further proceedings in the matter, and
pos.iibly in regard to the attitude of the Pennsylvania Railroad
and its proposal for settlement, if any. The agreement as now
proposed seems to us much more practicable than the former one
the gentlemen issuing the above circular are parties of exceplional'y high standing, and the amount to be deposited with each bond
($5) is small enough for the purpose required.
Connecticnt Valley Railroad. The ExBcu.tive Committee ot
the Connecticut Valley Railroad Company have mide a lease of
the new Connecticut Central Road, at an annual rental of $35,000.
This includes that part of the road in Connecticut extending from
;
—
East Hartford to the Massachusetts State line, a distance ot 31
miles.
The remaiQiutr seven miles to Springfield is under negotiation.
The nt)W road will be opened to travel about the midole
of December, and will give to the Valley Road 79 miles from
tide- water at Saybrook to Springfield, where tliere are important
connections opening up large freighting facilities.
—
Eastern. Several small notes of the company went to protest
on November 17, the Tr.-asurer stating that he had no
in Boston,
funds to pay with.
We
Flint & Pere Marquette.—
understand the coupons on the
land grant 10 per cent bonds of 'he Flint & Pere Marquette Railroad Company, issued for the Flint & Holly Railroad purchase, are
now being paid. New Bedford Standard.
Grand Rapidii & Indiana Railroad.— The following were
sales of land for
Septemberand
for
nine tuou:hs of
1875.
Land Giant
Lands in Common
$-J(;,77fi
*10,8:)1
l,!i80
30
00
fci
Decreaec*. ..
113 00
$59,875 0!
$1,618,815 07
:i!5,7H7 84
nee M'ly, 1869
—
the
:
$:6,mi 58
Total for montli
$11,651 30
f 27,983 88
Total for nine montlis. ... $tJ2,li9! 42
S82,sn 41
Total of Lmd Grunt since May, IRiifl
Total of Lands in Cdmraoii since July, 1871
Total sales
year
Tncrcise.
$16,415 38
1874.
88
1,307 00
t!io
tl,931,.'i8! 91
Houston City (Texas) Bonds.
statement recently made in
the Chronicle conc-rning H m-<tou bonds, and which was
based upon an item in another journal, wa-i in some respects
.4.
Chesapeake and Ohio Railroad.— The case of this Company came up before Judges Bond and Hughes of the United
inaccurate. We take the lollowing from the Houston Telegraph
States Circuit Court at Richmond Nov. 23. Hon. Wm. M. Evarts
of November 27
of New York, counsel for tlie Chesapeake and Ohio Railroad,
REPORTS OK SPECIAL COMMITTEES.
made a motion for the dismissal of the proceedings, appointin;; a
Alderman Thomas, from special cimmittee to whom was
receiver for the road, and looking
to an early sale of the same.
contended that jurisdiction iu the matter belonged to the
State and not to the Federal Courts. Judge Shipman of New
York, counsel for the plaintifis, ttaied that after examining
authorities he was satisfied that this Court had no jurisdiction.
Judge Bond, after stating that the Court was not ready to hear
the motion, by request ot counsel fixed the 30th of December as
the time and Alexandria as the place for the next hearing of the
case.
As counsel for both sides were agreed, it was supposed the
case would have been dismissed iiumediately.
Chicago & 111. EiTSr.— A Chicago dispatch says that a petition iu bankruptcy was filed by the Secretary of this Comnany
He
referred a resolution relative to the city debt, made a verbal
report and submitted the following ordinance, which was passed
under a suspension of the rules
An Ordinance repealing an ordinal. ce enfiiled "An Ordinance to provide
for the Consolidating and Funding^of the Bonded ladebtednejs of the City
of Houston," passed OctobvM- 29, 18".j.
Be it ordained by tfie Mayor and Aldermen of the City of Bomton:
(jec. 1. That, the above entiiied ordinance be aad the same is hereby
:
repealed.
Sec. 2.
passage.
That
The following
portion of the
i
ffi^ct
and be
in force
from and after
its
;>reamble and resolution were read, as being a
report of the same committee, and were unani-
mously adopted
Dec 1.
Cincinnati City Bonds.— Bids for the purchase of $350,000
Water-works bonds were recently opened, and ranged from 104 to
lO^.TiS on the ten, fifteen and twenty year bonds.
Netter & Co.,
ol New York, bid for the whole amount at 105.14 and interest,
or *1,051 40 for each $1,000 bond and accrued interest, and re-
lie
ceived the award.
ihercfore,
Whei-eas, There exists a difl'erence of opinion between the city of Houston
and the bondholders, in relation to a proper and equitable rate of interest to
allowed on a consolidation of the city bonds; and whereas, the city of
Houston in a spirit of compromise and fairness are desirous of adjusting the
indebtedness of the city on u fair and honorable basis, such as will in the
future enable the city to promptly meet the interest at maturity, and at the
same time provide a siulving fund for the u'timate redeuipt on of said bonds
;
& Indiana Central.— The circular signed
Wm. Whitewright and Richard f. Wilson,
Columbns Chicago
by Me.isrs. A. Iselin,
after referring to the lapse of
agreement of Feb. 33, 1875, says:
tlie interests ihey represent would
be gieally imperilled, if a portion at least of the bondholders did
not organize to act in concert, have withdrawn their subscriptions
to the agreement of Feb. 23d, and liave had a new one drawn up
by Messrs. Evarts, Souihmayd & Choate, which has already been
subscribed to by the requisite number to make it binding.
It differs in the following particulars from the former one
Ist. Five days' notice to be given for meetings,instead,'of twenty.
2d. Bonds must be depo.sited Immediatelv, instead of forty days
The undersigned.feelingthat
:
after signing.
this ordinance talte
That a proposition is hereby made to the Uondholdcrs of the city
of Houston. throuKh the .Mayor and Aldermen in Council assembled, to adjust
and settle the boiided debt of the city,by executing' and delivering in exchange
tor the bonds now held by them, consolidated fundini; bonds bearing six per
cent interest, including the past July and accruing January and July (1876;
interest, the details to l)e hereafter arranged between the bondholders and the
7?f«o/t;«(i,
city of
Houston, or their properly accredited agents.
The ordinance above
ref.
J. C. TnoMAS, for Committee.
rred to and repe.sled was that ofTaring
the bondholders a 5 per c.^nt bond in lieu o' those now held by
them.
understand that the financial agent ot tiie city, Mr. i.
C. Chew, 29 Broadway, this city, has secured tlio acquiescence of
a large msjority of the bondholders in favor of the proposition of
the City of Houston for refunding the outstanding bonds into
unifprm rate of interest bonds bearing 6 per cent,, and the proba-
We
—
December
4,
:
:
:
585
THE CHEONICLE.
1876J
by tbe Consolidation act of D<>cember 23, 1373.
The entire amount of this class of our public
About seveosecurities issued up to that date is $3,618,290 83.
roid
aod
Thii
Little Bock Pine BlulT k New Orleuu
teniha of all the bonJs and stock made exchangHsble under that
eold
la
Lit
to
be
are
road
the MiaaiMippi Ouachita & Red River
The two •et have thus been exebanKed. The great disaster of the failure
lie Rock. Ark., Dec. 16. under foreclosure o( mortgage.
been most
of
Teiaa of tbe South Carolina Bank and Trust Company has
name
the
under
time
atco
r ad» were eoneolidated gome
severely (elt in ita ioBuence on tbi? great public interest. It gave
under
made
ia
foreelotnre
the
but
Mi.<«iMippi <t Northweatem,
a shock to the (rrowing cooRdence in tUe good Taith of the State
Ike original and separate mortgage*. A meeting of bondho'ders toward the public creditors, depressing the market value of the
owned,
mainly
are
bonds
the
where
Boston,
was to be held in
liUtiM
bwi*.
ax8 th»t a wttleniant will be
now
m»d«
»t once
on th»t
stock authorised
have
—
this week.
Loni8iMU SUt« BttMdB.— In the snit of the New Tork Indi-mni-f Company, to compel the Louisiana Stale Board of Liquidation to fond bonds issutxl by the State, Jor the work of conMrncting Ibe Mexican Gulf Ship Canal, between the Mineiiwippi
Hirer and Lake Borgne. and held by plsintiffii, Judce Hawkins
has appointed a^ experts Meaars. Daniel Webster, Edwsrd H«tli
and B. H. Wo<J, to measure the canal and the wora done, with
directions to reiwrt to ihe court witbto trn dayn' lime.
New OrlMins Mobile Jk TexM.— Mr. F. aJ. Amea. Trustee,
who bought this road for $t50,Ot.O, iseued a circular recently to
boajholders, in which he sars that tho lormer plan of re-orgamsation baa not been fanctioDe<i by them, and he now propose* to
eloae his Trusteeship and pam the road OTer to bondholders at the
price paid for it. with an additional sum of about fM.OCO for
ebargea on the prooerty, uxea, etc He oonelndea as follows
" I bare eansed to be prepared articles ol aaaociation aimilar to
tboae adopted in 1873 by a largo uumber of the boodboldern, for
the formation of the New Orleans k Texaa Railroad Company.
These articlea are relieved from the elauaea which provided for
.Slate aid. and (or a anion with the holdera of the leeond mortgage bonds on the Mobile dlvlaion. The articlea make nu prothey »implv create an organiZ'?i1
vision for future operations
romf'any which ran contract with me. When a subscription of
•even twelfth* of the bonda ia made. I skall f<el at liberty to deal
with lb* subecrlbera tor a sale of the property on the terms iodi
ested. Tbis plan baa the approval of the advirory eommlttfr-,
eb<am by yon Deearaber 23J, 1874. Your Mbaeriptloa (payable
in boada) and eaah %•> defray the before Baatiened cbar,(cs, say
$7 per bond for bonds dated January 1st. 1873, and 418 for bonds
of March IStb. 1870. Is rt<iut-aied."
Pafrile of MlMMiri.— At a me«)ng of the Miaaoari PaclBc
Btoekholdon, nbont tw.> werks ago. resolutions wpre sdopted
Thrsa reso
rlagtumjlBs iKo ranlfnsilun of the prearnt directors.
latiow elicited n reply denying all ebargea of fraud, Mglect. or
IneoapoMaey claiming that the indebtedness Incurred was for
the nreeervation of the rasd. and that to resign under charges
would be a virtual admiasioo ol the truth ot the charges against
them. To this letter Iba eocnmkttee o( stockbolders have replied,
and say bat thrv simply remind Mr. Hayan nmd bla aaaociatea
that ttey are their agent*, and acting aa manageta of tbdr
property. Tbey say tlt*t they are informrd that the iolsrrst of
Mr. Hayes and 'be Dlrrctors as sbarpholders In tbrlr pr«>perly, on
November 9, 1873, aa shown by the book* of tbe company, waa
only 900 •harra, worth at tbe prseenl market price $3,717. When
the Boafd ol Diroelors took tke naaaganeat of Ike property of
the eharekotdon it waa mertgagad aa loTlowa:
K-MO-'M
rtttfnrttagists per seat «eU
•,<4i. co
Bseoad SMrtfMS sees* paresat. l aii
iw.nao
'....
Dae Oaau ty ef W. Loa's
:
;
pablic secarilies, and rheckioir for a time the process of exchange.
Staee the 1st of Julr, 1875, about $530,000 of consolidation boudg
and stock h^ve been issued, the coupons of which, from July 1.
I n-comnieod that a lax be included, in the
1874, remain unpaid.
annual levy now to be made, for the deGciencipa of tbe last fiscal
year, to p r this amount of oatftandiog interest, amounting to
What is conveniently terinei the floating indebt$80,000.
edness o( tha Sute presents a siibj-M:t of ereat difficulty,
Under this hxad is included
bnt one which presses for decision.
all tbe virions evilencee of inleblednois and claims against the
Two reasons
Slate whicU have arisen between 1868 and lS7't.
indaoe me to favor a settlument of this part of our debt, if a
roMonable scheme can be adopted: Firs', jti.stice to the many
holders of then? claims who have givnn the State valuable con*ideraiion therefor in money, merchandise, or labor and services
**eood, the removal from our current legislation of a disturbing
aad most unfavorable influence. I shall not dwell upon this
sabjeel at ihe present time furiht^r than to say that any aclieme
u> comroanJ my rupport must eiutxidy thusn two provisions
snd,
F>r*t, the proper audit ng of all forms ol this indebtedness
seeond. the gmdual ptyment of tbe deb's by sucU annual tax as
will not be too burdensome to the people."
;
;
gr>'at suit of this company
Uovemoieat to recover back one-half
of tbe duea for transportatioii of malls, troops, &e., was decided
by thr United States Supreme Court, Nov. 39, in favor of the
IJaion P««IBe lUllroad.— The
against tbe I'nited States
This decision, aflirmlcg that of the Court of Claims,
giTto tbe company a judgment for the recovery of $513,033, but
has a fsr more Important effect In deciding the tiuestioo that the
PSdfic railroads are not bonnd to pay interest on the bonds issued
to them by the government until tbe principal of such bonda
ooaspany.
thirty years from their date. This Is a decision of surImportance for tha Pacific railroad companies, and plaoea
In a fsr strong' r position than they ever were in before,
atares,
:
I
tj
aad deflnltely settle* their current obligations to the Qoveroment
as being Utuited to tbe right of the latter to reuin one-half of the
daca for transporutlon and to demand from the companies the S
poroentot their net earnings. Theqaestloo as to what is properly
to be eonsidcred net eiirninga U now before tbe courts in tbe suit
bmogbt by the Attorney Ueneral against the Union Pacific toi
laaorer 9 per cent of net earnings since 1809, when be claims tbe
TMai
aotll October, 1874,
•'
have bara laereasad aa
Ba>l sstale
la elaloted
onsaae
.
Plr*l Bsttavs «a Csraadalat Btaaeb
Tkird asedgiM
Mlaeiri ffdlcE vseyasHsaefAttsadc
..u...-....***
_
^
* fastt* Btalp
—
tbe (arih'-r negotiation of tbaae boa^ als<?. that tbe Missouri
Paeilo Boa/1 tw releas»l tfim tha eaatody of the three rroalvers,
•ad a apedal receiver appnialed for that road.
A Boek IslAad. The Bovver reporta tbe actual
aaralaga aad aipanaia ot tbe road for October aa follow*
.•.••••,•.......•........#.....«.• a^^f
PnNB fr^gk& • . . ..a....
;
—
•
t,WT
Wstalag
pMaed upon.
The
Total.
at
MW
n psrmM*).
flaiMperr
'MoDl...
waa not
aad
tbis quaailoa ot the time will
Asaomiag that the nH tarningt
have
to
will be decided
'
Dlrr-
Tkia laeieaaa, tbe cotamlttaa ray, the direeteta claim to have
been faltbrnlly osed in improvements npoo the property, and tliry
aak wby tbe direetora ar« ao reluctant to allow the stockboKlns
to laapael aad andtt tbe anoaata. Tbey reapeeUully leqaeet that
be will aall a preoar aad local laasHtm o( tha alkareltoMers at the
laiHaal pnoll aiifn day, aa« that ka will direct tbe trana'er book
tobaapaaed In Ni-w York for transfer for tvn dav«, aad thon
eloacd rar at least ten days (efore the day of tbe meeting, In order
that the wish<s ot tbe real owners ot tbe property may bo known.
Tbey also re(|urat that, until tbe meeting ol stockholders, the
dlreetore sbali abataia frooi doing anythlag aa direoiora, except
to operate the railroad. II they sbontd gat poaaeasion ol it.
Ia 8i. IxKiU Nov. 30. the Otcb»-Dtm*er*t aays that F. J. Bow
naa, Esq., In behalf of CowHrey and others, lied a bill for the
parpoae of sattiag avide the $4,000,000 of the alleged fraudulrnt
Mada, caliod Aa third mortgage bonda. recently Isaued by the
Pael6« BallftMd Ceoipioy, and praying for aa Injunction aeaiost
PWIU
that the road
bo the proflu after piying interest on tbe 8rst mortgage bonds,
and that tbe whole net eamloirs in 1879 will be $7,000,000, then,
•••••»• tWtxm altar deducting, asy. $1J8K,000 lor interest on first mortgage
WtMi
on which tbe
„.._..«.•?.«»• bonds, there wonld remain $9,189/100 as the sum
eoB|iaoy should pay—and 9 per cent ol this would be $3.56,790.
by tbe
iolloar*
The eompaoy claims
was eomplrtod.
plsiad and soeapted according to tha provis|bns o( the law
>">
Tko sortgaga apon tk* property
l>een issued.
^
«
'••••••aovaaaaaa
• *•**•*••* aaoi
report of the
Uoveroment directom
to
Junu
mada
30, 1875,
transportation for the year on United States account
$881,010. of which one half would be $440305, and this sum
added to that alMva would make tha current annual amount due
tbe total
fnm
tb*
mmpaay
that a partia!
to tbe
retam
ia
Ooverameat $897,999, so
made for tbe payment of
It
wlil
be seen
on the
interest
•beldy bond*.
Tha dedaion Is coactoslvs and aatisfaclory In this respect— Iba
U was made by aa unanimous C^art, and based, as the opinion
balaw ladleatee, upon tha wording and Ictaollon of the Acta of
0^«M;.^ad the Court decided against the Union Pacific Compaay on tbe grounds that tome of its early directors perpetrated
tbe Crnllt Mobllier frauds, or on the ground that
eoottolird by specnlalive parties, thla decision
Its
stock in
now
would certainly
bat* eaUbllvbed a precedent most dangerous to the rights of
loeH or bondholders in corporations. And yet there are persons
among buslnesa men, too, who seem to be so destitute of the
prtadplee of law or logic, a* to think that a Court hits the right
to decide any ease aceordiog to what seems, upon the whole, to
ba best, without regard lo settled decisions, or to tbe words of a
opon which the entire suit msy be based
Fro-n tbe opinion delivered by Asaoclate Justice Davis we
aitrsct ih« following ss reported in the Tribune :
Tbl* !• an •ppwl from tbj Court of CUIsu. Tho t'nion Puclflc nailroad
atatnte
"
tl^ns tl
X.lawalBasamMpsrBdla).
The aataarBteiis show ao ioer-ase of $10jBM 85, or SSO.S per
caal trvsT Iba moath of October, 1874.
Oevemor Chamberlain, of
SMtk Carolina StetO
Soatk CaroUaa, la bia Mcaaago to the Locialaturo ol the State,
•aya: »MaM Wowber 1, 1874, t^W
Wof tbe bond* aad
Www.
CW
Osapanr. concMlInf the nitii of ihi OoTi-tiini'-iil lo H'Uln nnr tiilf of tlio
rTKHnn
l—iismlliis 4aa it f»r the ir«n>i'
-I psltl
imilTlii, sad to sMiy lb« mrio i»
of
by ft ea the koada beasd la lit* co.
—''^i'
iBilrosd aad telearapH lln-. sesks lo e.ubli.U > ih • »u,i
MlUiT. Tbs UalMd Sistas, on lh« other hand, havlnic paid <nlcr>
baodslaaaasasof tbssameradlisdtoibsOoinpuij for servlcaa tII, Insists oo tu rlgbt to wltkboM payawDt allogathrr.
<
J
i
^
'
.1
.
536
Tifffc
CHUONICLE
THE iNTnrriON or the act of ctonoress.
Tbeac conditions are embodied In the If plslatlon of Congress on the flnbjcct.
and, if OD a fair interpretation of this legislation, Iho corporation Is found to
be now debtor to the United States, the deduction of interest paid on bouds
can bo lawfullymade. But if the converse nropos tlon Is ascertained to be true,
the Qoveinment cannot rizhtfully withhold from the corporation halt of its
earnings. In construing an act of Congress, we are not at liberty to recur to
the views of IndWiilual members in debate, nor the consideration of tlia
moli'es which influenced them to vote for or acriinst Its passas;e. The act
Itself speaks the will of Congress, and this is to be ascertained from the laniniage used. But courts may, with propriety. In construing a statute, reenr to
thelncidentH of the time when it was passed, and this is ffe<inently necessary,
in order to ascertain the reason aa well as the meaning of particular provisions
in it. Many of the provisions in the original Act of 186i are outside of the
usual course of leijislative action concerning grants to railroads, and cannot
properly be construed without reference to the circumstances which surrounded COE^rese when the act was passed.
IMPORTANT PDBPOSES OF THIS ROAD.
Tbe war of the
rebellion was In progress, and the country had become alarmed
foi the safety of the Pacific States, owing to complications with England. In
these
complications
resnlted in open rupture, the loss of our Pacific poscase
tessiont was feared. But even if this fear was groundless, It was quite apparent
Ihst we were quite unable to furnish that degree of protection to the people
iDhablting them which every Government owes to its citizens.
•
*
•
The scheme of building a railroad 8,000 miles in length over deserts, across
mountains, and through a country inhabited by Indians jealous of intrusion
on their rights, was universally esteemed at the time to be a bold and hazard»
»
ous undertaking.
The Government aidtd the enterprise in order te advance Its own interests,
and in order to enlist private capital as a means to the end of securing the
constrnciion of a road which was to be used for Government purposes. Whatever obligation therefore rests on the company must depend on the true
meaning of the enactment itself, viewed In the litht of cotemporaneous history.
OBJECTS or THE ACT OF INCORPORATION.
It has been frequently observed by this Court, that the title of an act, especially in Congressional legislation, furnishes little aid in the construction of it,
because the body of the act In so many cases has no reference to the matter
specified in the i;rie. This Is true, and we have no disposition to depart from
this rule ; but even the original act of 1862, incorporating tuls company, seems
to have been the subject ot special consideration by Congr„ ss, and it declares
the general purpose of the act It is " an act to aid in the construction, of a
railroad and telegraph line from the Missouri Kiver to tht; Pacific Ocean and
to secure lo the Government the use ol the same for, postal, military and other
purposes.*' That there sliould, however, be nodoiibt of the national charact-r
of the work which Congress proposed to aid, the body of the ac contains these
words: "And the better to accomplish the object of this act, namely, to promote the public interest and welfare by the construction of said railroad and
lelcgrapb lines, aud keeping the same in working order, and to secure to the
Government at all times, but particularly in time of war, the use and benefit of
the same for postal, milltarjr and other purposes. Congress may at any time,
having duo regard for the rights of said companies named herein, add to, alter,
«
•
»
amend, or repeal this act.
THE PRECISE (JDESTION AT
ISSUE,
It is not doubled that the Government is to be reimbursed, both principal and
Interest, but the precise question for decision is whether the Company is required to pay the interest before the maturity of the principal. The f olution of
the question depends u|ion the meaning of the 5th and 6th sections of the original act of ISfiS, and of the 6th section of the amendatory act of 1864. The 6th sec-
;
,
[Decemtdr
4,
1876.
The phrase " To pay bonds at maturity" does not bear the sense sought to
be attributed to It, out applies obviously to the obligation to pay both prluclfal and interest, when the bonds become due. It does not mean to pay the
nterest as It accrue;', and the priuciiwl when it is due. It Is one thing to be
required to pay principal and interest, when the bonds reach maturity, and a
wholly ditTcrent thing to ne retiuircd to pay inteicst every six mouths, and the
principal at the end of SO years. The obligations arc so diirerent that they cannot both grow out of the word employed, and it U necessary to superadd others.
In order to extend the condition so as to include the payment of semiannual
Interest as it falls due. Neither in principal nor form is such a plain departure
frora the express letter of the statute warranted, and especial y when such a
construction leads to so great an extension of the condition as to defeat the
grant. The failure of the company to perforin the condition is declared a case
of forfeiture of i>roperty ; and if the naturtl meaning of the words Is rejected.
the property of the corporntion Is subject to forfeliufo on every occasion when
six mouths' interest falls <'
due and is not paid.
"
THE ROAD NOT BOUND TO PAT INTEREST AS IT PALLS DUE.
It would require a pretty long statement to declare the terms and conditions
assomed by this corporation when it assented to the act. If Congress had
Intended to exact from the company the payment of Interest for those bonds
before the maturity of the bonds themselves, it would have declared Its purpose In language about which there could be no misunderstanding. But If the
words, " to pay said bonds at maturity" did not give notice that that exaction
on the part ot the Go\ernraent was intended, neither did the other provisions
of the sixth section do so. They create no obligation on the part ot tlie company 10 pay the interest as It falls due, nor was It so Intended. The provision
that the
Government was
to retain one-half the
amount due
the
company
for
ser\ Ices rendered by the company, and to apply the amount towards the general
indebtedness of the company, cannot be truly called a rcquirem nt Ihit the
company should pay the interest from time to time, and should pay ih-i principal when due. It was within the oiscretlon of Congress to make tills retiuirement.'and then as collateral to provide a special fund or funds, out of w hich the
principal could be discharged. But Congress did not choose to do so, but
remained satisfied with the property of the company for its ultimate payment.
The comiKiny, for obvious reasuns, might he very willing to accept Ihe bonds
of the Government on those terms, and very unwilling to come under an
absolute promise to pay the current interest as it occurred. It was not in a condition to do so either during the progress of the work, when Ihe company wns
unable to earn anything but if the company was obliged to raise money every
six months to pay interest, when all its available means were necessary for the
exi'cution of the work, the burden would have been very heavy. Congress did
not see fit to impose this burden, and to put the comjiany in a position to risk
the forfeiture of all its rights, iiesides, it is fair to infer that Congress supposed that the services to be rendered by the road to the Government would
equal the amount of interest to be paid, and that that wasnotan unreasonable
expectation the public statistics of the vast cost of transporting military and
naval stores to the Pacific by the ancient mode abundantly show.
The views presented regarding the provision that the Government shall
retain the compensation for services rendered by the company, either before
or after the road was completed, are equallj applicable to the provisioivHiSt 6
per cent of the earnings of the road shall be annually applied lo the payment
of the bonds and interest. It is not perceived on any principle of construction
that the obligation ot the company ti pay the interest on the bonds every six
months can be predicated on the terms of this provision any more than on the
terms of the other. Both are reserved funds out of which the Government is
to be reimbursed— In the first instance the interest it had paid, leaving the
«
•
»
•
surplus to be applied to the paymeni of the principal.
tion of the original act contains the undertaking •f Government, and the S.h
defines the obligations of the company. By the 5th section it is provided that,
on the completion and equipment of 40 consecutive miles of said railro-id and
telegraph, in accordance with the provisions of this act, there ^!:ould issue to
said company bonds of the United States of $1,000 each, payable in 30 years
after dai^e, bearing six per centum per annum interest, said interest payable
semi-annually, and to secure the payment to the United States as hereinafter
provided of the amount of said bonds so issued and delivered lo said company,
together with all interest thereon which shdl have been iiaid the United States,
lUe issue of said bonds and delivery to the companv shall, iiimfacto, constitute
R first mortgage on the whole line of the railroad arid telegraph, together with
the rolling stock, fixtures, and property of every kind aud description; and
in consideration of which said boiidi. may be Issued, and on the refusal or failure of said company to redeem said bonds, or any part of them, when required
BO to do by the Secretary of the Treasury, in accordance with the provisions of
the act, the said road with all the rights, functions, immunities, and appurtenances thereunto belonging, and also all land granted to the said company by
the United States which at the time of said default shall remain in ownership
of said company, may be taken possession of by the Secretary of the Treasury
for the United Slates.
The manifest purpose of this section is to take a lien on the property of the
company, for the ultimate redemption of bonds, principal and interest, hut
the way and time are left to further provision. That the Government was
expected, in the first Instance, to pay t-'e interest, is clear enough, for thu
mortgage was taken to secure the repayment of the bouds, together with all
interest thereon which shall have been paid by the United States. This phrase
implies a prior payment by the United States. Whatever may be the duty of
the corporation in regard to reimbursement, when repayment is spoken of, it
is understood that something is to be paid back. Apart from thai, had it been
the Intention of Congress that the corporation itself should pay the interest as
it fell due. the phraseology appropriate lo such a purpose woird have been
used. But when and how the reimbursement was to be made, was to be in
conformity with the terms prescribed in another portion of the act. The latter
part of the section provides for the forfeiture of the property of the company,
in case of a failure to redeem the bonds, according to the plan of redemplion
thus provided.
;
THE PURPOSE OP THE ACT OF
16CI.
In view of the circumstances under which the act of 186i was passed, and of
the purposes to be accomplished by It, appearing as they do in the title, as
welt as in the body of the act, and consiltuting as they do tlie public history
of this legislation, this question seems to pre-eut fairly, in it- scope aud eft'ect,
views that are inconsistent with the positions asserted by the appellaut. Notwlthstandinu the favorable terms, the road languished and the effect of that
was the passage of the amendatory act cf 18(14. By that, the grant of lands
was doubled, the Government Io.aii was made a second instead of a first mortgage, and a provision was inserted that only one-half of the earnings from the
GovernineiJt should b6 required to be applied to the payment of the bonds.
This amendment was wittiout doubt intended merely to modify the provisions
of the original act so as to allow the Government to retain oi.ly one-half the
compensation for services rendered, instead of all of it. AUhougli the provision
Is that the compensailon shall be applied to the payment of bonds, yet it cannot
be supposed that Congress intended to relinquish the rights reserved iu the
The purpose of Congrets
first act In regard to tlie rciml)ur8ement of interest.
could not have been anything more than to surrender on the part of the Government the light to retain the whole of the earnings of the company from It,
aud lo accept In lien of that the right to retain one-half of (he earnings. The
change was a very material one, and was intended as a favor to the company.
But on the principle contended for by the appellant it would be of no value.
Of what possible advantaire could it be to this company In receive payment for
one-liaif of the transportation done for the Government, if It was to be subjected
to a suit to recover the other half as soon ns it was paiil ? And yet this is the
cfl'ect of Ihe provision on the theory that the company 's a debtor to the Government on each semi-annual payment of Interest. If the Government consents
to the dnminatlon of its security, so Ihat one-half of the earnings of the company is to be applied to that purpose, what is to become of the other half?
There la no implication that the movement is to retain it, and if not, who is to
get it? Manifestly the companies who have earned the money. It is very
clear that the Congress of 1864 did not suppose, in making this concession,
tliat it would bo barren of results.
But it is unnecessary to pursue that snbject farther.
TUB MANIFEST PUBPOSB OP THE ACT OF
The
1671.
Government
for a series of years was in conformity wit'i
THE COJfPANT's THREE DUTIES.
the views which I have taken, until the Secretary of the Treasury arrested the
payment
of
the
money
and
(lirected
it to be withheld.
The iictioa of the
The obligations Imposed upon the company, or assumed by it, in relation to
the repayment of the bonds, are set lorth entirely in Section 6, which on Secretary brought the sutiject to the attention of Conaress, and the Act of
was
passed,
directing
half
of
monev
due
to
the Pacific roads
March 3, 1871,
the
account of its importance is quoted at length ;
"for service rendered either heretofore or hereafter '^— to be paid, leaving open
Sic. u. And be it fiirlher enacted, That iSe grants aforesaid are made upon
ultimate
question
of
right
for
decision.
After
that
another act was
legal
condition that said company shall pay said bonds at matiirit}', and shall keep the
p:i.«8ed, by virtue of which the suit was instituted by the appellees in theC-JUrt
said railroad and telegraph line in repair and use, and shall at all times trtnscontended
Claims.
It
is
that
the
purpose
of
that
act
was
to replace the
mlt dispatches over said telegraph line, and transport mails, troops, munitions of
present char'er of the Union Pacific Railroad Company concerning the provlsof war, supplies, and pnblic stores upon said railroad for the Government
so
discussed,
manifestly
very
different. It
we
h"ve
but
the
purpo
e
was
i>ms
whenever required to do so by any department thereof, and that the Government shall at all times have the prefi rence in the use of the same for all the authorized sui- to be brought, and in such f nit the rights of the company to be
nothing
and
also
the
rights
This
moans
determined
of
the
United
States
purposes aforefald, at fair and reasonable rates of compensation, not to exceed
the amounts paid by private parties for the same kind of service, and all com- more nor less than the remission to the judicial tribunals of the country of the
the
right
whether
this
company
and
instituted
have
question
others
similarly
pensation for service-! rendered lor the Government shall bo applied to the
recover Irom the Government half of what they earned by transportation,
Saymeut of said bonds and interest, until the whole amount is fully paid. to
such
a
question
was
to
be
determined
Its merits.
The
merits
of
which
on
aid company may also pay the United States wholly or in part in the same or
other bouds, Treasury notes, or other evidences of debt against the United question are necessarily determined when the effect of the charter is determiu
hardly
is
neces-ary
to
say
it would be idle to authorize snit to be
It
that
ed.
States to be allowed at par, aud after said road is completed, until said bonds
and interest are paid, at least 5 per centum of net earnings of said road shall bruught if It was the iuteniion to repeal the provision on which the suit could
cannot go into an argument on ttie consequences
alone be predicated.
also be annually applied to the payment hereof.
Leaving out of consideration the parts of this section not pertinent to this whi< h fidtov our decision. Consequences are not an argument to be considdetermination
In
the
of
questions. Whether an act of incorporation is
ered
Inquiry there are three things, and three only, which the corporation is re<|Uired
less beneficial to the Government than was supposed, or whether an act of
to do, concerning the bonds in controversy :
is more or less politic tind wise, it is not our province to determine
Congress
First : To pay taid bonds at mat urlty ;
when we have declared the meaning of it. If there be power to pass it, our
Second: Tu allow the Government to retain the compensation due to the
corporation for service rendered, and to apply the same to payment ot the duty in connecllon with It is ended.
'ihe judgment of the Court of Claims is afllrmed.
bonds and interest; and
practice of the
—
We
i
Third: To pay over to the Government, after the road has been completed.
per cent of the net earnings of the road, to be appropriated t') the payment
of the bonds and Interest.
five
OONSTKUOTION OF THE
WORD
" MATURITY."
If we take the language, used in its natural and obvious sense, there can be
difficulty iu arriving at the meaning of the conditi'm to pay said bonds at
maturity. As commonly understood, the word "maturity, in lis application
TO bonds and cihor similar instniments, ajiolies to the time fixed for payment,
which is the termination of the time that they have to run. »
*
*
«
no
—
Whitewater Valley. The lodianapoIiB Journal says; " Tlie
Receiver of the Whitewater Valley road received hi.s appointment
from the courts, subject to the lease now existing between this
company and the Indianapolis Cincinnati & Lafayette Uailroad
Couipauy." The latter company will therefore continue to work
the road, the only change, we believe, being that any rental
becoming due will be paid lo the Keceiver instead of the company
:
December
^
.
THE CHRONK LE
4, 18?6.]'
637
OOTTON.
€ m m c r c i^ JL^i'lli? l
COMMERCIAL EPITOME.
I)
.
'
e
Fbidat, p. M., Dee. S, 1875.
Crop, as indicated by our telegrams
FHIDAT NiOHT, Dec. 3, 1875.
from the South to-night, is given below. For the week ending
The ludden closiof; of inland nsTigkliitn at ibe Nurih and this evening (December 3) the total receipts hare reached 157,t)S0
as
importance,
much
some
of
we«k,
an
evrat
is
Vtent, the past
rrodac« In trantit is iherebj deUined, and cannot be readily bales, against 1$.3,IG1 bales last week, lSG,13o bales the previous
Droaght to market notil the re-op«nin(; of narigation in the W8«rk, and 140,474 bales three weeks since, making the total
Spring. The advance In gold has been checked, and the speca- receipts since the 1st of September, 1875, 1,590,985 bales, against
lallons which were associated with it have satoided. tienrral
1,457,000 bales for the same period of 1874, showing an increase
year, but there
trade
is
dnll, as usual
at
Thk Movement or the
this season of the
is,
since Sept.
under the circumstances, a fair degree ol stradinesa to prices.
The following is a s'atement of the stocks of leading articles
of domestic and ioreigo merchandise, at dates given
for this
1875, of 133,379 bales.
1,
week
(as per telegraph)
The deUils
of the receipts
and for the corresponding weeks
of five previous years are as follows:
1875.
,
Sot
SseslpU
1.
this
week at—
1814
181S.
1871
isrs.
I
1871.
1870.
3. IIS
9.115
New
Itl.llV
Orleans.
10,604
16,Itl
i8.au
I.US
U,4S1
Charleston
Fort Roral. *e.
St.MS
t.MI
Savanaak
«l."ll
'A,aOt
i8.7a»
l.Ut|
flalvenoo.
-..aot
11,5»
4,«8I
I.OuO
Norfolk
torn
atr
4.Mk
6,0W
ia.S7i
Point, *e..
Total ihlswsek
an
«7,78»,
»».«18!
i9,ttS
17.016
18,511
ItJtM
12.457
18,588
88,047
11,084
18,651
li,M8
8,700
IOlOO*
«,W0
7.8tS
41,S88
1
Toal
I
I
7,4«
BtO
886
188
114
s,as»!
I.1BI,
1,5<7
888
4.T61
S,8I»
lt,(Blj
i8.n7
ICttl
e75'
883
1,410
ITMMl
u-,86e
4l,ti06
i«.ua
T.iatj
tn
IlarhU
MwtbQuoUna...
1«I.IM
M.9RI
4tSM
...jf
80.ir
M4
M7
ladlaaola. Ac...
in.«a8
is!8u|
:70.7M.
15.41*
>a8.»71
1,714 I
m,:8(
140,874
1.7M
TeUlslaregspLU.
6.ra>
The
Pork and l4rd
1,497.808 I,!54.a88:i.878.a80
which 89.842 were
120.084 bales, of
a.aM
ItSMjHS
830,741 1.888.817
exporta for the week ending this evening reach a total o
60,0l«
Fnace, aad 22,000 to rest of the
LOW
have Utterly be«a drooping, althoofh no chang:* lade up this evening are now
f
to Great Briuln. 17,34-4 to
Continent, while the stocks as
G1G,191 bales.
Below are the
haa takes place In the general sitnallon relatios to these iitap!ea. stocks and exporta for the week, and also for the corresponding
The packing seaao* procreeMS slowly and at high oo«t. The num- week of last season:
bar of swUm slaocfalersd at tlio six principal towns of the Weat
ta Novoabor were only about 03 per cnni. as large as last November.
Beef has been la good demand. Tallow Is rather eauler.
Butter Is quitt, but hi|(h and low grades are Ann. Cbeew dull.
Today th<- pork market was quiet, with I otorea quoted at |'}1 25
for Oneember and $W 30 lor rebroary.
Lard waa dull on the
spot,
b^t futures active at IS 15-I0(gl3e. for Januarr, and
Baeon dull.
13 1 la^lSie. for February.
86.108
Kio (offre shows a mtterlal advaooe in the past week, the salM
100.890
*K'*V^'K 43,000 ba«s, and the vUlbte supply for tbe United OalvoMoa
87.881
9uum U roJuMd to SN;no h»g» Uit to prima carsoea quoted Ntv Te«k
U1.8I1
at l9t(ifHe., goM.
MUd gradae of eolTea have also bc«a mors ac- OihtpotV...
8.188 50.000 67,000
tive, and e'uee at some advance.
Tb«ro baa been no new feaiura
Tslsl
Uls
wMk
ly.tSl
,«I6,4»4 |607,MT
In rioe; Raagooa sold at 93.00, gold. In bond, per 100 lbs.
MotasM* haa bean dull for foraiga, but active and rather firmer for TeUI (Innt <>«|,i.i
sta^
J?*-?«!
LIT- -t—:!do aiwtlt . M«fan have beea active for both raws aad refi&ed,
'Til* rsport* tbl« w««i
fadoS* from Baltlwers
with tha stock of the fomer nach redaead and prices higher. .-. "..I.. ...
«• Sl ^.. n.a. n....uu n< k*l«a la UTSfaoel: from Plill*d«lphli 1.4a
sail 168 kslst «• Aktverp: fraa ReitMk tuns twin to
aad the latter balag freely sblppad to (iraat Britain fair to good tw si tos lUVOTfeel
fM asa t,Si: Mas le Fraae* ttnm Wilmlactoa MM bslc to UTerpool
mting, Bi^ic, So. 13 bet 8fe., aad sUodard crushed lOJe.
l^^Our telegram from New Orleans to-night shows that
8pieM are wlihoat
Taaa have baao more active aad steady.
ohaaga. Foraica sellias slowly
layer ratslnr, |'2 00
eurraals, hsaldes the above exports the amount of cotton on shipboard, an d
7e., sad praaaa, O^e.
For Liverpool,
aagair*d for shipment at that port, is as follows
Kaatackv tobacco baa mlcd a shade lower and oaly moderau^
tOilOO bales; for Havre. 30,000 bales; for Continent, 8,500 bales; for
active at 7(49e. lor Inn and I»ait7e. for laaf the rales for the
vaak a«bra«ad 800 hboa., ol which 150 were for export and 190 aeaatwisa porta, 500 bales; total, 7.-^,000 bales; which, if deduoted
for Beaa n mptloa. Seed leaf has also baaaquM.bni about itrady ; from the stock, would leave 130,000 bales representing tha
Uis salsa embrace
Crop of 1873, 60 casss Coonertlent at S^'' lOc, qusollty at the landing and in presses unsold or awaiting ordsrs.
|
aad 41 eases Pennsylvania at 9c.; crop of I»73, 2U cases t'oonecUFrom tha fofagoiag atatemaat it will be seen that, compared
cat, oa private termii and crop of 18<4, 140 easeo do. at 71 "S^c,
with tha eomapowUag waak of last season, there Is an inerMit
100 OMas Ohio at iHcr'tie., and SO eaaas llllaola, on privat<- t rms
alaoWOeasaasaadrlcaat 7tf(05e. »paaUh labacro has been luiet, In the azporls this week of 4,7C8 bales, while the stocks to-night
bat firm ; salsa SOO balaa Havaaa at
15.
arc 8,507 bales aiors than they were at this time a year ago
Lla aae l oil haa rrOMiaed steady at MgNa. la caaks aad barrela.
Othar olla quiet and nnchaaged. Hldas bava baaa la omdrraia The fallowing hi oar nsual table showing the movament of cotton
dawaail aad about steady dry MoMavldeo at tta: dry Orinoco i at all the porta from Sept. 1 to Nov. 20, the lataat ia«il dates:
at \9\e., gold ; aad city liaughter ox at Ofc currency. Leather
aaeaoTs
lower and mora active. Clover seed la flmier. with tales for
Oeaat•noa ssrr. 1.
Whiskey elooed at ft 15^ aad dull.
arrival at 12c.
WiM lock.
fBBTO.
Great '__
IOtksrI_
.
There has l>een a ftir business in oeeaa freights, aad the lim
Brital.;'~~
1874.
in.
forrt'al^*"'llad oflerlaga ol both berth aad charter room hava bfoatr*^' -'
M. Ofhu*.
«7.1I0 m.47« 10».7S.t M.SU 4e.!«i 108.687| 48,881 187.«3i
higher and deddadly firmer Igarea. I,ata eagt^tamaat*
Urala to IJwrpoul, by staaM, IQi^tOii^lld.
MoMI* .... !«.81S< 110.080 1T.8I>, l.asi, 1.114; 8M76 50,165 «,:i7
eottoa, Ivj,
aad pcovlaloas, 53s OJ. per t<>n gram, by sail, 84d., floar H*., aad Cbarit*-B» ii«,as8 aoo^nr S7.8ST; tl.St7| St.0«6 80.860 18,888 88,808
cultoaOSid. Oraia to I/>ndon. by *ail, lOd., and flour .1j. Od. •avtsnak
87,446
7«,«I8
108.468 anaao
41.56l| 14.816 67,675; tl0,76«
Urala to Glasgow, by steam, lOoflOid. ; do. to Bristol direct, Ot. Oal.tirtoa*. n,4« ltl.W7 88,8181
888' 4.tl<8|
40,4U 81.851 88,810
8d. do. to Bristol chantel, 6s. Od.
refined petroleum to I,<iodoB, New York.
....
88,615
aawMo.
88^818 108,881
1.8S<i 17.8151 14n.l88
.">«. 9d.;
fia:; da. to tha rotted Kingdom, 5*. Od.; naphtha to do
4.6S7
nerl4«.
...
,,.,
•••
so*
4.587
4.S(
anda toBofdaasv. .>«. Today there waa a eoaUaued firinoeas. N. Corolla* 40,008 Si,M> 1.484
8.481
80,104
8,M8
•.
CMtoa ta IJverponl, by suam, 7'10d.,and grain (through freight) Korfolk*.., 10l,IMi in,*46 18.488
..••
18,406 154,880
l^SU
>•
lid. grala to I.>o<loo, by sail, Sid.
14.181
ia,8et
OUirrport*
....
8,471
...
11.181
81JH
18.IUJ
The business la naval stores for the past week haa been small,
»7.8l8|n8.881
4I8.II4;
8«J0l
8V7,60I
Toi.thls/r.
l.4».i«8!
48M14,
the
with tbe qnotattoas at
close ol 37c. for spirits turpeotino, and
f I 70i^l 8k) for eonimon to good strained rosin. In petrolfom, Tot.I«»»vr
I.8S;.S6I' 475.848' 4l.t07{ 8t.«Kl Hl,04« 47«.50r 687 4:8
also, very llnle baa been done, yet figures close flrmrr, under
ca-irMMOTiM laeludad Port Moral, Ao.: autor it* bud of
limited offerings; cm4e. in bulk, 7e., and refined. In b^lit t3|<4 Ottntt»n l« ncialetf laiUwoj^ao andcr lb* kswl of Norfoa u laeloSsd Uliy
Point Sc.
Ufe. lor December delivery. Ingot aoppsr steady, with aales of
These in ail returns do not correspond precisely with the total of
90U,000lba. Uke.atMjM|M|i.,cash.
Hops are rathar doll aad
baialy au«dy. at Iflifc tm thaia ie75aL the axport dsaund the telegraphic figures, bocatiaa in preparing them It Is always
haa tabaldad.
necessary to incoiporatativory correctl on DMdeattb e porti
;
;
.-,01
—
Mm
;
w
"
'
i
1
;
;
:
;
:
.
;
tM§l
i
:
.
1
;
.
:
:
;
,
.
•
1
•
;
1
:
.
;
1.
—
1
.
.
mE
538
.
CHRONICLR
The market for cotton on the spot opened dull, and ruled weak^
Wednesday, when quotations were subjected to an extensive
Middling Fair and Strict Good Middling and Good
revision.
until
Middling advanced l-16c. Strict Low Middling was reduced
Low Middling reduced tc. Strict Good Ordinary and
1-lOc.
Stained was unchanged and
tirades below were l-16c. lower
New Orleans and Texas were reduced l-16c. At the new prices,
the demand for spinning became more active, but business for
export was hold in check by the scarcity of freight room. The
[December
Stock at Liverpool.
Stock at London....
ToUl Great BrlUilnatock
....
1875.
4,
18T5.
1871.
1873.
1372.
500.000
soB.ooo
487.000
338,000
61,730
111,753
183.510
828,000
501,750
617.750
670.500
604,000
177,750
115.500
63,350
848,00«
•i.i&O
9,500
lO.i'iO
13,000
51.230
18,600
87,000
;
;
;
;
was quite
close yesterday
;
firm, holders offering stock less freely,
and the Liverpool report being rather more favorable. To day,
there was a steady tone to the market, but not much activity,
nor any quotable advance. The decline in gold checked the
movement for export. There were, however, for the first
sales of cotton in transitu.
season, considerable
The market for futures opened flat, and prices gave way a little
General apathy ])erin the course of Tuesday and Wednesday.
vaded speculative circles, and crop estimates were rather increased.
Private advices yesterday from New Orleans stated
that the recent heavy rains had swollen the lateral streams,
and that increased receipts at the ports may be expected in conThis announcemeiit checked the slightly
sequence thereof.
firmer feeling in the later months, with which the market
opened, and remanded it to the spiritless condition before noticed.
To day, futures were dearer, and the later months l-33c. higher,
Avith a moderate demand, but no decided activity or b:ioyancy.
After 'Change thei-e were sales at 13 ll-33c. for Feb., 18 9-16c. for
Marcli, 13 2r).33c. for April, 13 31-32c. for May, 14 5 32c. for
7-33c for July. The total sales for forward delivery
June, and
free on board.
for the wef'k are 9(1,700 bales, including
For Immediate delivery the total sales foot up this week
8,273 bales, including 1,380 for export, 3,740 for coiiaumption,
Of the above, 904
1,408 for speculation, and 1,744 in transit.
bales were to arrive. The following are the closing quotations
time
tills
H
.
New Cluslftcatlaa.
Ordinary
UH
Strict OrdiDary.
Uood Ordinary
Strict Good Ordluary.
Low -Mlddllne
Strict Low Mlddllug
li"
Vi%
18
13«
13X
Fair
.-
16®.
13
'•on;
113i
IK
(»....
3-16S....
13S4
SX
12
14
15%
m..
(A...
Good Ordinary
Good Ordinary
llh
:3X
«
V
«...
a...
15)4
Below we
Uplands
\
Low Middling.
I
Middling
«...
m...
15),
the sales ot spot and transit cotton and
market each day of the past week
CiasBlllcatlan.
price of
Oon- SpecRip't. lamp. ula'n
PBI'!H ».
Low
Good
Trail-
Mid.;
Ord'ry Ord'ry. Mldl'g. dllng
Total.
sit.
Stock at Rotterdam
Stock at Antwerp
Stock at other continental ports.
13.CO0
]6,»03
17.530
81,000
»3,7SO
W.OOO
85, 450
SS.OOO
52,500
7S,7iO
86,750
60,000
10.500
17,750
88,750
ll,o:o
6,500
4,760
14,850
32,009
7,000
i!D,000
57,000
43.003
Total continental ports
35<,850
346,000
805,600
492,000
Total European stocks
91 1,000
g43.'i60
1176.000
1,036,000
India cotton afloat for Europe.... IIS.OOO
American cotton afloat for Europe 5:i7,0OJ
115.000
160.003
189.0:0
410,030
234,003
874,000
05,000
89,000
81,030
73.03)
618,4»l
liOT,«87
450,135
450,712
78,871
Egypt, Brazil, .&c.,aaoatforE'rope
Stock In United States ports
Stock in U. S. interior ports
Dnlted States exports to-day
ToUl
visible supply.
or the above, the
»6,6«0
111,863
99,888
15,030
18,030
13,003
..bale«.-2,391,160
8.333,603
8,064,077
)
4.000
2.117,633
American and other descriptions are as follow)
total* or
American—
Uverpooi
St ick
Continental stocks
American
Europe
afloat to
Ur-ited States stoclc
United States interior stocks
United States expoits to-day
Total American
165,000
132,000
96,000
48,030
1-39,003
13^,030
87.000
84,030
537,000
410.000
881,003
616.494
H07,ft3T
450,195
274,000
453,71i
96,686
119.801
99,838
78,870
15.000
18,000
13,303
H.OOl
b»le8.1,669, 163
1,415,350
1,0.30,077
949,683
Xatt Indian, Brazil, Jbc.—
Liverpool stock
885.000
374,000
.391,000
334,003
61,753
111,730
183,530
222,00
Continental stocks
813,250
813.000
218,600
408,0o"
India afloat for Europe
143.000
115.0113
lSl),000
12'J,000
65,000
83,000
81,003
76,000
823,000
937.750
1.0)4.000
1,168.000
Ac, afloat
ToUl Bast
India,
&c
1,669,160
1,445,850
1,030,077
949,683
Totalvisiblo supply. ...balee.2,3:»2,160
2,.333,600
2,054,077
2,117,533
7>id.
SXd.
lOd.
Price Middling Uplands, Llverp'l.
6Kd.
an increnss in the cotton in siglit to-night
of 8,560 bales as compared with the same date of 1874, an
increase of .338,033 bales as compared with the currespoudiug date
of 1873, and aa increase of 374 577baie3 as compared with 1873.
tiffures indicate
—
:
BA1.1C&
New
Stock at
Bremen
Amsterdam
These
.12 5-16
irlve
at this
at
Total American
8H
I3X
15X
18K
14X
STAIMED.
Strict
55.000
at n.iraburjc
Egypt, Brazil,
ii«
12X
is...
II
UarselUsi
at Barcelona
.i>i
'.3K
15
,
lox
laX
12H
12K
H)i
12
UH
nx
n
l:%
.
UiddltoK
6ood Mlddllne
Strict Good MldUlliig.
Mlddlmg iTulr
Orleans.
®....
»....
a....
@....
Havre
at
at
London stock
New
Alabama.
nplanda.
perB.iiOj^
Stock
Stock
Stock
Stock
Stock
At the Intbrioh Ports the movement that is the receipts
and shipments for the week and stock to-night, and for the
corresponding week of 1874—13 set out iu detail in the following
statement:
ijalurdtfty
ICO
Monday
1611
419
!^o
60j
7l;l
1.051I
5U
458
88i
46
245
230
154
saj
3i3
1,SS0
3,-M
1.1'iS
Tuesday
Wednesdaj....
rhureday
Friday
Total
866
S20
}1^
l.IH
11
1.823
10 «
MUS
i',7ii
3,012
I, "41
a:m
12 15-16
12 13-16
12 13-16
11^
viH
lOK
lux
18'.-
iWeek ending Dec.
13X
12
12
13 ;-i6
13 1-lS
12
13 :-i6
Augusta. Ga
free on board,
For forward delivery the sales (including
have reached during the wrtok 96,700 bales (all midilling or on
the basis of middling), and the following is a statement of the
sales and prices
ifor
November,
cts.
13
bales.
200
3110
13
100
bOl
13
13
i;OJ
l-U
1
13
13
sou
13 7-32
2.90U total
;0.3X) total
For January.
1,600
1,400
4,6J0
Nov.
13 ;.S2
13 1.16
13 332
400
IC 5-a2
13 3-16
13 7-32
l.JOO
2,200
1,900
1,0*)
13 9-32
13 5-16
13 11-32
100
uy,
1,1.00
For December.
13
aOJs.n
23,100 total
13W
17.;0J total
IJJi
13 5-32
13 3-16
13 7-S2
;.sx
300
ii'A
2,500
13 y-16
13 :9-32
100
£00
13H
2,000
100
2,000
13 21-32
soar
'.1,300
to'al
Marcb.
13
II
May.
For June.
2,800 total
14 1-16
14 :l-32
U
5-32
23-a
13V
13 25-S2
18 13-16
UK
200
ror Augus',.
300
100
14 5-16
14 11-32
I
Aug.
spot quotations and the closing prices
bid for futures at the several dates named
The following
13 13-3i
4,2'JO
will
I
13.100 total April.
400 total
show
:
UIDDLINO UPLAN DS— AMHKICVN OLABSiriOATION.
Mon.
Wed.
Thurs.
Sat.
Tuea.
FrI.
On
ua
ISX
13V(
13 3-10
13 3-13
13 5-
:3)i
13 :.-3!
13 i-:6
13 9-b2
IS 7-;«
13
.March
April
\i\-32
13 2V.2
13 9-16
May
13 15-16
13 21-32
11 1-16
13 29-32
!4 ;-32
14 9-3;
366
2J,40J
14 .>-3i
14 5-31
13 29-82
11 1-16
14 3-16
SO
\%
11 9-32
1.823
II.IK)
10,6lX)
spot
November..
..
December
January
February
June
nX
July
14),
Aniiuat
Salea spot
sales future...
1H«
l'i,;00
Gold
lim
Eicliange
4.S2
25j
13
1-32
25-a
1I4S<
I.SJ
13 1-1«
13«
13 l-;6
!3X
13 1-32
13 1-16
13 1-16
13!<
13 3-16
13 1 1-32
13 9-16
ISX
19«
13 5-16
13
IS
13
13
13%
Kl »-'.6
U
3-32
UX
IHX
4.81
13«
13 21-32
13V
13 29-3J
11
1-ir.
115H
4.81X
.
Memphis, Tenn..
Nashville,
..
Total,
16.7S4
9.781
10,041
7,218
4,213
.2,-.80
3,0i;4
7,1 r.
3,9.)0
3,500
4,.331
1.792
3,935
3,799
4,213
2:),4B3
17,6-25
3,6)7
2,316
1U.417
7.208
48,657
2,701
4,C17
2,429
3,640
4,016
12.J94
2,13i
8.584
51.939
10,806
49,157
37,928
96,666
60,503
34,142
119,8:3
3,806
3.329
1,3S3
4,411
3,102
1,101
1.750
2,276
1,780
12.416
6,745
4 482
3,.S03
28-!
1,1.87
8 085
1,853
2,165
613
198
654
403
12 808
4 432
6 281
8 836
5 6)8
8,161
1,868
1,712
3 871
1,764
6 511
4.327
36 370
29 859
25,317
47,187
80
.'9f6<)
167.050
1,751
3,884
1,873
14.051
5,487
new ports
all
1374.
2.-273
Coinmbu?, Miss
Total,
4,
6,9!3
Shreveport. La
Vlcksb'g, Miss
C
ending Oec,
Receipts. Shipments. Stock.
3,-347
Tenn
Eufanla, Ala
Atlanta, Ga
Charlotte, N.
St. Louis. Mo
Cinciimati, O
Week
P,567
2,610
Selma. Alt
UK
June.
1875.
S6,564
31,2<<8
85.021
69,2-26
2,674
3,518
3 651
1.33
036
•30,240
3,fi7i
1,655
.392
£0.501
•1,496
9,9;s
.';.609
,;2!
.007
776
217
For July.
.\prll.
1.300
9.600
1,500
700
cts.
13 29-32
..13 15-16
13 81-32
1,100 total
13 17-3;
Kor
13>v
1,000
100
200
200
2500
13 5-16
13 11-32
bales.
100
Columbus, Ga
Macon, Qa
Montgomery, Ala
Total, old porta
For May,
B.'-OJ
Jan.
500
Feb.
For March.
Kor February.
1,000
4,700
ctp.
13 7-18
13 15-32
Vl'A
2.100
3.100
.,200
Dec.
10,61)0
?.-l6
s.soo
5.»I0
2,900
4.100
hales.
cts.
.13);
200..
IH
332
13H
532
;oo
2'jU
bales.
3,
Receipts. Shipments. Stock,
21.700
115
4.S1X
The above totals show that the old interior stocks have increased
during tlie week 11,529 bales, and are to-night '23,197 bales less
than at the same period last year. The receipts have been 1,048
bales liss than the same week last year.
Bombay Ship.mbnts — According to
our cable despatch received
bales shipped from Bombay to
there have been
bales to the Continent
Great Britain the past week, and
while the receipts at Bombay during the same time have been
bales. The movement since the Ist of January is as follows.
These are the figuies of W. Nlcol & Co., of Bombay, and are
brought down to Thursd.ay, Nov. 18
lo-day,
;
Frl.
13 1-16
5 1<
17-32
13 1-16
13 5-s;
13 U-.S2
13 17-3;
2:1-32
13V
29 32
13 15-16
14 3-32
14 7-32
\*H
IIX
14 5-16
;.i0!
17.100
14 11-32
3.042
10.400
115
4.81
4.81
114K
The Visible Supply of Cotton, as made up by cable and
telegraph, is as follows. The conliuental stocks are the figures
of last Saturday, but the totals for Great Britain and the afloat
for the Continent are this week's returns, and consequently
brought down to Thursday evening; lience, to make the totals the
complete figures for to night (Dec. 3), we add the item of exports
from the United States, Including in it the exports of Friday only:
:
^Shipments
Great
1875
1874
1873
this week-.
Con-
Britain, tlnent.
Total.
7,000
11,000
10,000
12,000
3,000
1,000
/-Shipments since Jan. 1-,
Groat
CcnTotal,
Britain, tinent.
No
—
.
Receipts.
This
week.
—
Since
Jan, I.
report
S'il.OOO
38,5,000 1,-208,000
717,000
237,000
981,000
10,000
10,000
1,259,000
993,000
From the foregoing it would appear that, compare 1 with last
bales this year in the week's
year, there is a decrease of
shipments from Bombay to Europe, and that the total movement
since January 1 shows an increase in shipments of 19,U00 bales
compared with the corresponding period of 1874.
We learn by cable fr<m London, to-day, that ihere is some
break in the wire to India, which prevents any^dispatch coming
through. We are, therefore, without our usual Bombay figure.^.
,
,
Dectmber
4,
1875
THE CHRONICLR
J
W&ATUKR Rktorts bt Txhoraph.—TUe
past
week
639
—
lias
At some
poiata eonaiderable rain has fallen, bat almost ererrwhere it has
been damp and drizxUng or showery, though the actual rainfall
over a eonaiderable section is small. The cold which haa been
•xpMianoed at the North does not appear to hav« reached very
not been farorabl« for the ingathering of the crop.
Batannah, Qeorgia. It was rainy on five days of the wee k
and cloudy and cold the remaining two days. Total rainfall one
inch and fourteen hundredths
for the moiitli one inch and fortynine hundredths. Average thermometer for the week .57, highest
69 and lowest 45.
Augutta. Oeorgia. The weather here luu bnen cold and damp,
with light showers on three days, the rainfall reaching thirteen
handredth.s of an inch. The thermometer ha.^) averaged 34, the
extremes being (i7 and 41. Kainfall for tho mouth three inches
aad thirty hundredths.
Ciarietton, South Carolina. It ha* been showery here every
day the past week. Tho thermometer has averaged
the
highest being G7 and the lowest 41. Total rainfall for the month,
three inches ami sixty-seven liundredths.
The following statement we have also received by telegraph
showing l^e height o( the rivers at the points named at 3 o'clock
Dec 3. We give last year's figures (Dec. 4, 1874) fur com;
—
far Sooth.
amhmtom. T&xni.—On five days of this week there was nu \art(— nt drinle. but as the week closes there was a favoruble
change. The rainfall this week has been two inches and eighty
t]iiee-hnndredths, and for the month fire inches and nxty-aevenhondredths. The picking has been interfered with by the storm
—
.">tj,
the supposition here is that seven-rightlis of the cjop lias
been secared. The roads are bad and the movement will ba impeded next week. The thermometer haa averaged <U, the high
e«t being 73 and the lowest 47.
iH Jian tlm , Tabu.— We have had drizxling weather on tliree
days, and the balance of the week mostly cloudy, with a rainfall
of nine hnndrrdths of an inch. There haa been no frost here
btit
parison.
,-Dec.
Fo«t.
New Oriesas
IfSMphls
IfSlhlltli
SkikiSfliat
.Below high-water mirk
AlWTe luw.water
1IIIIII
I
I
I
Dtsrk
..
iini>
Above low-water mark
VIAslilirK -..Above low-water mark
it
18
16
S
17
,-Dcc
«, 'T5-.
Inch.
:0
S
11
11
4. '74.-,
Fuct
Inch.
M
TO
II
8
S
8
7
U
10
Mew
Orleans reported below high-water mark of 1871 until
two ioehca and thirty-nine-handredtha. The thermometer lias Sept. 9, 1874, when tho zero of gauge was changed to high-water
ark of April 13 and 18, 1874, which is lUths of a loot above
averaged DO, the highest b«ing 72 and the lowest 44.
1371, or 10 feet above low-water mark at that point.
CoTtieana, Ttiat. On two days of this week ice formed in this
OUKHV Bags, Baooixn, &c. Bagging has ruU^d i|uiet dnring
vieiaity, and it haa rained on f itr daya.
Picking has been inter- tha past week, thoagh prices are slightly iu .^filers' favir. Since
fered with by the stormy weather, thoagh It is now approaching the large speculative transactions, tlierc have been no sales of
The rainfall this week haa reached ninety-six- roond |>arrels, but we note a fair demand for consumption of
eomplatkNi.
aaiall lots, and at the close holders nre steady tt 13 ii-. rsiih.
hundredtha of an inch, and for the month is threo iochea and Balaa are <|uiet, and prirnt ar.: nominal.
Bags an> dull, and
Dinety-five-hnndiedihs. The thermometer haa averaged Si, the qooled at 13<<il3|e. for 4<40°s.
Butts rule firm in tone and, with
vary limited stork, prices are tending upward. Tlic siock is now
highest being 88 and the lowest 29.
bales, all of which is held In Boston, and the
Jfem OrUant, Louiiiana. There were five rainy daya here this redaced to 1,000
sapply to Mar 1, '70, only gives an average monthly (onsuinption
week, the rainfall reaching three and ten haitdrediha inrUrs. of 15,000 b^laa.
balea during past month foot up 20. (KM) bales,
Kainfall for the month six inches and eighty-aix handre<ltb!i. of which about 4,000 bales were on spit at 31 1'.illc aui balance
to arrive, Si<^ I-lOc. currency for Drci-mbt-r, 2 13100. ciiirenry
Average thsnnometer during the week A5.
aad S^c. gold for January: Sfi^lc. curnncy. and 31(3*2 I'J 10c. gold
fltowsperl. LvtMana.—TlM weather the past week has Ix-t-n
At the close, prices are <|unlea on
There was a drixxliog rain on Saturday, Sun- for February, March and Aprileool and damp.
spot, Boston, 3(<i(3tc.
and for January arrival, 3)c. gold, and
day, Moitday, Wednesday and ThurMay, the rainfall tradiini;
tor February and later 3i<33 0-lOc. gold, or ei|uivalcnt in curRi.>eaipla eontinue largr, and
forty-six huEKlrcdtbs of an Inch.
Average thermometer fur tinpicking la progre>*ing slowly.
BormAN Cotton Crop. Under date of November 0, Quentell
week U, higheet 71 awl lowest :<8.
.<• the Kally & Co. will* that the "crop proupccis have Improved niaIt baa b<-<
Viektburg. MUmuippi.
" terially during the past toonth on account of the raagnificrat
|>ast week, thu rainfalf aggrrgatiog
«ii
-f
" Weather for maturlog the plants, which were backward up to
inch. The thsfwrneter haa avnragcu .>,. im- iiii.;iii!<i u<:ii<g <iS
"the beginning of October. When the second pickings begin to
and the lowest 46,
(MumbuM. iti»mmippi.—\\e have had warm, sultry, wnt weather "arrive, we shall be better able to judge of the qiiaiity ; so lar as
" wa can see, some districts which gave the brst cotton last year
'i" rainfall, however, haa only r<-aclie<l a total nf
the pa
.vJths of an Inch. Tlio thermotrn'ter ha* averaged "an disappoiatlog. Krom Mansourah, however, which is always
fiftr " lalar than any of the other part* of ihv Delta, arrivals are now
ir
.>'al being 79 and the lownat .'il.
lb, Arkmmi.
The weather the past weak has b^o "aoariag to band, and, so far, ihrre is a decided iuiprovement on
prei>ent, a fair
warm aou cloody, except Wedne«lav, which was clear. The 'tWa faallty of ths past two seasons. Wii think,
thJmometcr haa averaged 51, tlie liigUest being OS and the "MUmaU of the crop is 3^ milll'in canlars. or 400,000 hales, and
favorable
I'uring
Weather
very
continue
the preti-r.t
lowest 85. The rainfall reaches two inches and fifty-six hun- "rihoald the
" month this estimate may be sooewbal ezeeeded."
dredths.
exports
year
October
tiaat
yeai's
(their
crop
ends
1) were about
NatkwUU, Ttnnmtm.—yfe havohad four rainy days herr this
week, the rainfall reachlag seventy-foar httadredtha of an Inch. MlftOO bales: so. If the above estimate proves correct, we may
The ihennomrter has averaged 48, the highest being 37 and th* look for an iacreaaed supply this year of about 50,000 bales from
¥»ypt.
lowwtW.
MmmfkU, rsnaaasss.—There were four rainy days during the
IifOlA ('OTTOK Crop. Oar latest report* from India are somews«k, th* rainfall reaching two and alnety.fuor hundredtiis what conflicting, but, on the whole, favorable, except the DbarThe r«at of the w««k was cloudy. war distrtrt, where rain Is greatly needed. Wu have been rather
Inahos. aad it is now raining.
Very maeh damage is belisfcd to have been dooe. sad there was laclined this year to accept the less favorable advloee as to probpteUag all tha weak. Tho thai luoi—lar haa averaged 41>, abls supply Irom that quarter, boeaose t le conditions of weather
laaging from 57 la 43.
la the early season were. In sooM section*, certainly, much less
MabBs, Alabama. There were two showery and two rluudr fkvorable than in the previoos two year*. Subsequent good
days the early part of tha week, but aince tbi-n the woathrr has weather csn, of course, largelf repair previous damage: but a
- ->• been clear aso plaaaaat. In MlaalaalppI pi->^^"> '•
Mod healthy start (this doe* not always mean an early start) is
fered with by the laiay weather, aad eott^x
toe only safe basis to build upon.
rot.
Average thermometar daring the wc
For instance, lake the Central Pravinoes and the Derars up to
lowsat S0. Kainfall twenty eli^lit hundredlha uf an inch; fur the nearly the first of October. Hingunghat was floodsd and all
moeth, five inches and five huniln-dths.
'cotton lands" were declared to be in a " pasty sute," with thn
f
Mmtftwurji, AUbamm.—\x ba* rained
eotlon fields " choked with weeds," so that the " cotton plants
^
tho aeven, the raintsU reaching a total of
ware scarcely visible." The Bera-s also sent complaints of dsinof an inch. The cnnllnnou* wet wealhc-i n. mi.-i ,.-i,iit: >Miu SiH f
4Mt weather, but much less pronounced. List year, on
Average
th>-rnio:iiet<-r
pickingfor the week 3d, highest 6H and tb* 14th of September, Messrs. Xicol i Co. reported that in U.ii"
the
Kaiolall
fur
month
one
lowest 49.
Inch ajid alitety-seven fanghat
hair the cotton lielJs are in full blooiu," and on the
handredtha.
1st they stated," sbonid the weather eontinue like this, we shall
jMsm, AUbama. Rain fall her* on two days the past week, ** have an early and a bumner crop ;" it did continue favorable
aad the rest of the week was cloody. Total rainfall thlrty-i<it throughoat the Central Provinces and llerars, with quite unimhundredths of an incli. Average thermometer 38.
These Central
rtrtant exceptions, and the yield war a good one.
t m m , ^IstmU.— There were four rainy days here this week,
rovinces and the Berara usually, we believe, furnish now about
aad tha iwt of the week was cloudy. The rainfall has reached oaa-foorth of the Booibay supply, or, say about 300,000 bales,
The thermometer has aad this is marketed in lA^cember and January. Since about the
alaaty-oae hoadradtha of an inch.
avaiaged 51, the highest being 07 and the lowest 3-V
trst of October (or, perhap*, say nearer, 23111 of September) the
JAmm, (/StffVM.— We had one rainy day bore during the week weather hss been floe in all this section, snd now the accounts
past.
The thoraaaelar has averaged 35, the extremes being 04 aia much more satisfactory bat still It would seem as U thsse
and 45.
bad, early conditions must tell upon the final out-turn.
AUaiOm, Csffyta.— It was " misty " one day the past week, and
So too, parts ol the important Dhollerah district (which, we
the r>M of the week was cloody. Toul rainfall fnur hnndredths believe, furnishes nearly one-third of the Bombay f>upply) sulTered
of aa laeh. Average thermometer 50, highest (H and lowest 43. la the early part of the reason. The dilHcoIty there was a very
C a hw, Oasryia.—There were two daya showery this week, asTsre drought, extending way into iJeptember.
It
will be
the iBlaCall reaching twenty-two hondiedths of an inch. The ramembared that in our eabie despatches from Bombay of Sept.
ths iia oaw t er has sveraged 33, the highest being 00 and the lowest 8 and 8ept. 10, this complaint was referred to. Since then th e
Rainfall for the month four liwfaes aitd fifty-three liun- darelopment Is said to have been satisfactory, and now they look
4S.
dtadtlMk
for a yield rqoal to last year.
aa yet and vegetation
la still
Rainfall
green.
for the
month
is
—
—
—
;
—
—
'
i,
—
^
—
o
—
>
1
I
;
-
'
I—
—
MM
;
Wm
:
:
:
THE CHRONICLE.
540
In
:
:
Dharwar the crop
much
is
Jan.-Feb. shipment from Sav. or Chas.,
being marketed aboat
later,
not generally completed until about the
Last year heavy rains in October made the
close of October.
planting even later. This season the great complaint is want of
rain and all the authorities appear to think it serious, though
Messrs. Nicol & Co., under date of October 33rd, state, " we are glad
" to learn that refreshing rains have fallen all over the Dharwar
" districts." The other Bombay authorities of about the same
date do not meniion any rain, but speak of the drought as severe.
Putting all these facts in the early development together, not
to mention others of lesser importance, we had been led to anticipate a probable smaller supply from India thisyear. But it would
seem that now a pretty favorable view of the prospect is taken
at Bombay in all districts except Dharwar and, if the rain reports
in Dharw»r prove to be correct, there is, we suppose, no reason
why a good crop Bhould not also be made in that district even yet.
That our readers may see what are the present reports, we give
them below.
Messrs. W. Nicol & Co., under date of Bombay October 23,
write
Crop accounts —The reports to hand this week from onr correspondents are
very ravorable, and we are glad to learn that refreshing rains have fallen all
over the Dharwar districts.
lliNOCNuiiAT, aist.— We are having dry weather, and the cotton plants are
March, and the Bowing
is
;
In forward fields a little cotton is visible already.
fast.
Kbamoauh. Slst— The weather continues fair. In several fields I have
noticed the cotton is already in pod, and the crop promises well.
SuEAGAUM, Slst.—The weather has been fine, and the cotton plants are
healthy. It is generally estimated that wo shall have a full crop.
MooBTiZAPORK, 2l8t. -Cotton plants are progressing favordbly.
JuLQAUH, Slst.— is expected that the gins will begin to work by the end
ef the month.
HooBLKE iDbabwab), S8d, by telegram.— llain since yesterday in ai; dia-
[DecembJr
Hid. clanse, by
Low Mid. clause, 6 13-16d.
Thcbsday.— Dec. delivery from Sav. or Chas., Low Mid. clause, 6;»d.
Jan. -Feb. delivery from Sav. or Chas., Low Mid. clause, 6Jid.
Feb.-March fhipmcnt from Sav. or Chas., Low Mid. clause, by sail,
,
sail, if
required, UJid.
Dec. delivery from Sav. or Chas Low Mid. clause, 6Sid.
March- Apr;l delivery from Sav. or Chas., Low Mid. clanse, 6 13-lGd.
,
The Exports op Cotton from New York, this week, show a
decrease, sh compared with last week, the total reaching 14,12!)
Below we give our usual
bales, against 19,357 bales last week.
table sliowing the exports of eotton from New York, and their
direction, for each of the last four weeks; also the total exports
and direction since Sept. 1, 1875; and in the last column the total
for the*ame period of the previous year.
Bxports of Cotton(bales) flrom
New York since ISept. 1 .1875
'
Same
WXEK SHDina
&
Co.,
under date of Bombay, October
25^
" According to the latest advices which have reached us from the cotton districts (under date the 21et lust.), the weather continues favorable, everywhere,
for the growing plants. At Hingunghit the crop is maturing fast, and we
have already received a sample picked from some forward plants, which, however, cannot be taken as a guide to the ultimite out-turn of this growtli. In
the Juleaum section of the great Oomrawuttee district, picking has commenced to a small extent, and the ginning by native appliances will commence
in a fortnight's time. lu the Khamgium part of this circle the cotton is
already bursting the pods iu some tield-*, and, with a continuance of fine
weather, this variety promises very well. From the Broach and Dhollerah
districts, also, our news is of a satisfactory character, and it is now hoped that
tlie absence of rain in the districts where tlie latter is grown for so long, may
not. after all, have seriously injured the prospects of the crop, as, though
but estimates of the former crop still make ttie outtardy. It was abundant
tarn one-eighth below the average on the north side of the Nerbudda, and our
quarter on tlie south. We learn from Dharwar, this morning, tliat there had
been no raia in tliat district for some time, and the grain crop was withering
in consequence; but the cotton plants had not, so far, suffered."
;
&
Co.,
under date of Oct.
date.
year.
Nov.
Nov.
17.
24.
14,168
16,856
11,450
* 118,969
1,414
l!M,S44
14,168
13,856
18,453
Dec.
1.
11,450
120,413
114,244
600
225
1,608
2,998
500
225
1,608
2,993
VSl
11,908
7.016
10,803
7,150
9,925
'sio
2,454
29,729
17,086
....
Bremen and Hanover
have the following
Messrs. Sir Charles Forbes
prev'iis
Other French ports
looked for."
Messrs. Peel, Casaells
period
to
10.
other British Ports
Total to Gt. Britain
ToUl
Nov.
IS, say:
"As regards the new crop it will be somewhat late, and a shortened supply
Is expected from some of the nonhern districts, more especially Kutch and
Kattywar. The reports from the other districts are generally satisfactory."
Messrs. Fleming & Co., under date of Kurrachee, Oct. 33, report
No samples of newcotton have been received yet, iiut both from the Pun-
i,oon
1,271
1,000
500
775
474
2,711
2,249
**
i»
If
required, 6Ha.
March-April delivcty from Sav. or Chas Low Mid clause, 6 13-16d.
Pbiday.- Feb.-.lrlarch shipment from Sav., or Chas., Low Mid. clause, by
tricts.
Messrs. Finlay, Muir & Co., of the same date, say
The weather has been line throughout tlie country, and, with tlie exception
of tlie Dharwar districts, prospects are good, in Uingunghat and Berar the
plants are in blossom, but the crop is later than last season. In Dharwar the
continued want of rain is exciting apprehensions, and, unless an early fall
takes place, ;he prospect for both caitou auU cereals is rtisconraging. From
the Dholiera districts accoauts are satisfactory, and a crop equal to last year's
sail,
required, 6 IJ-lOd.
March-April delivery from Sav. or Chas.,
matariug
U
Low
1875.
4,
Total to N. Europe.
1,021
1,480
3,501
i;oa
10
SpaIn,Oporto4Glbraltar&c
"ss'o
All others
Total Spain, &e
16,917
19,357
21,023
Grand Total
• We have deducted from this total 88 bales, as the
14,129
360
10
»152,100
U1,S37
eMimalei cargo of the
"Emerald Isle," reported iu our shipping news last week, exceeded the
amount.
by
that
actual cargo
The following are the receipts of cotton at New York, Boston,
Philadelphia and Baltimore for the last week, and since Sept. 1, '75
'1
HIW YOBS.
This Since
Since
Sept l.hweek. Septl.
This
week.
New
Orleans..
Savannah
Mobile
Florida
3'th Carolina
N'th Carolina,
NTlrginia
Horlh'rn Ports
Tennessee, &c
Foreign
i
BOBTOK.
[
:
4,022
3,034
5,181
186
47,402
,
PHILADBLPIA
1
BALTiaOBZ.
This Since This [Since
week. Septl. jweek.jSept.l
1'
186
...
HiMi
41,532
'b36
7',9i6
8,022
l',626
<95i
3.589
8.199
8, 22
311
8,636
43,614
2.3,873
92,331
5,596
36.860'
41766
4,166
1,537
20;726
24,24a
13,266
l'.i28
6,e8)
:i,989
66,337
1,761
14,127
8.778
71,221
1.995
19.491
'5(9
6,9.?6
1,080
3,192
8,342
26,591
'215
2;i6i
6,062
52,252
5,157
46.304
645
VoUl this year
36,993
2-37,449
Total last year
33.728
334,527
1
'*
jauband Slnd reports are
crop, and the ont-turu is
satisfactory regarding; the quality of the growing
likely to be little short of last vear's."
still
—
—
Liverpool, Dec. 3. 4;30 P. M. By Cable from LiverThe market has ruled steady today. Sales of the day
were 13,000 bales, of which 3,000 bales were for export and
speculation. Of to-day's sales 7,000 bales were imerican. The
weekly movement is given as follows
pool.
—
:
Nov.
Salesof theweek
bales.
Forwarded
of which exporters took
of which speculators took
18.
61,000
5,000
7,000
6,000
SM.OOO
Total stock
which American
Total import of theweek
of which American
of
Actual export
Amountalloat
of which American
...
.
195,000
51,000
19,000
7,000
230.000
132,000
Nov.
19.
69,000
8,000
7,000
3,000
616,000
173,000
3->,000
Nov.
23.
Dec. 3.
5^,000
7,000
6.0D0
4,000
70.000
11,000
5:^3,000
r.00,000
ItiS.OOO
173,000
49.000
24.000
7,000
17.000
10,000
283,000
.325.000
181000
210,000
il.OOfl
4,000
46.000
37.000
10,000
393,000
239,000
table will show the daily closing prices of cotton for the week:
Tnes.
Wednes.
Thurs.
Frl.
Mon.
•'©oji
.@&y.
-.mH
..m%
..mji
On'ns.. ..©7 3-16 ..&! 3-16 ..@7 3-16 ..(87 3-16 ..@7 3-16 ..@7 3-16
The following
Spot.
Mia. ijprds..
do
Satnr.
Futures.
'
.mn
Sav. or Chas., Low Mid. clause, by
sail, if required, 6 13-16d.
Nov.-Di'C. shipment from Sav. or Chas., Low Mid. clanse, by sail, if
required, 6 '.:M6d.
Jan. -Feb. shipment from Sav. or Chas., Low Mid. clause, by sail, if
required, 6?^d.
Dec-Jan. sUpment from New Orleans, Low Mid. clause, by sail, if
required, 6 15-I6d.
Monday.— Nov.-Dec. shipment fi-om Sav. or Chas,, Low Mid. clause, by pall.
If required. 6 13-16d.
Dec.-Jau. shipment from Sav. or Chas., liOW Mid. clause, by sail, if
required, 6 13-16d.
Nov. delivery from Sav. or Chas., Low Mid. clause. 6 13-16d.
Jan. -Feb. shipment from Sav. or Chas., Law Mid. clause, by sail, if
required. 6J^d.
April-May delivc-y f om Sav. or Chas., Low Mid. clanse, 6/id,
J'UESDAT. Dec. delivery from Sav. or Chas., Low Mid. clause, 6Xd.
Dec-Jan. shipmt*nt from Nex Orleans or Texas, Low Mid. clause, by
sail, il required, 6%t\.
Jan.-Feb. shipment from Sav. or Cha?., Low Mid. clause, by sail, if
reqvirod, 6 13-16d. bid.
Feb.-March shipment from Sav. or Chas., Low Mid. clanse, by sail, if
required. CJid.
WcDitKSDAY.— Dec-Jan. shipment from Sav. Or Chas., Liw Mid. clause, by
sail, If required, U^u. bid,
Satdrday.— Oct-Nov. shipment from
—
'
1
—The
exports of cotton from the United
States the past week, as per latest mail returns, have reached
So far as the Southern ports are concerned, these
129,993 bale.s.
are the same exports reported by telegraph, and published in
The Chronicle last Friday. With regard to New York, we
include tlie manifests of all vessels cleared up to Wednesday
night of this week.
^otal bales.
Shipping News.
York—
Germanic,
To Liverpool, per steamers Montana, 3,133
2,142 ...City of Chester, 1.031 ... City of Biistol, 1.6U. ..Helve11,450
tia. 1,802..., Abyssinia, 1,2\8
.per ship Inspector, 400
225
To Havre, per steamer France, 225
1,584
To Bremen, per steamer Neckar, 1 584
Naif
.
,
To Rotterdam, "iier steamer Rotterdam,
Nbw Oblkans— To Liverpool, per steamers
810
870
Pascal, 4,665
Texas, 4,395
....per ship Norri8,3,6S9
12,699
To Fslmoutli, per bark Susan L, Campbell, 2, 145
To Havre, per ships Emma, 2,910.. .Keuuion,
2, 145
3,405 ...per barks
ComtesseDuchatel, 1,116. ...Leon, 805... Gem, 1,C01
9,845
4..59B
To Bremen, per steamer Frankfurt, 3,112
per bark Norge, 1,4 j».
To Antwerp, per ship Wyoming, 2,787
2,787
To Reval, per steamer Durham, 4,750
4,750
To Barcelona, per steamer CastiUa, 3, 000.... per bark Antonio, 1.223 4,225
.'...
1,460
To Malaga, per bark Tigri, 1,460
1.107
To Vera Cruz, per steamer City cf Mexico, 1,107
.„
.
Mobile — To
Liverpool, per ship
Her
4,.509
Msijesty, 4,509
To Grimsby, her bark F. J. McLellan, l,9i3
To Havre, per schooner Henry Norwell, 1.751
Chableston—To Liverpool, per ships Lillie Soullard.
I,ti23
1,751
3,.301
Upland and
Nonantum, 3,710 Up'and and 75 Sou Island,...
83 Sea Island
per bark Savanna, 2,453 Upland
9,602
Havre, per schooner Sullivan Sawin, 1,850 Upland and 138 Sea
Island
2,006
To Barcelona, per iiark Renom. 1,530 Upland . . .per brigs Acancia,'
•
490 Upland... Panchito, 696 Upland
2,736
Satannah-To Liverpool, per ships Ragnar, 2,969 Upland and 120 Sea
George Bell, 3,869 Upland
Island
per barks M, and E. t'ann,
To
:
.
3,121
Upland
,
,
.
.Jessie Gilbert, 1,950
Upland
To Cork or Falmouth, for orders, per bark Atalanta. 1,180 Upland,.
To Havre, per bark Kate Burrill, 2,130 Upland and 30 Sea Island
To Bremen, per barks Hjemmet, 1,2U6 Upland. ...Arracan, 2,425
.
Upland
12,029
1,180
2,160
3,631
To Antwerp
per bark Navesluk, 2,3« Upland
2.S83
per bark Valparaisi, 2,740 Upland
2,7 10
To Genoa, per barks Lizzie, 1,452 Uoland
Friiou, 1.171 Upland...
2,623
TBXAB—To Liverpool, per steamer Amljola, 2,465... p^r siiips Preston,
»,837....GeorgePeabody, 4,571
9,873
2,022
To Cork, for orders, per bark N. May, 2,022
To Barcelona,
19 Br«a«D,P«t»«h99n«(AluU« But,
1,345,.
...
1,845
:
:
December
.
.
.
THE CHIlO^^CLE
4, 1875.]
XoKF'LK— To Liverpool. Mr (Up Andrall*, 1.0T4
Baltiso^s—Tu LiVfruoul, per •team-r !lihttrulan, IftS
Palcftlne,
Borrox—To Linipnol. par •trmmera Panhia. S1I
Pm.ADnLr«u— To LlTcrpoul, per •tawner Lord CUro, 1,146
.
.
.
1^
4.1TI
.
'
1S3.99J
We*l-
M
Ubaui.
Who»t-No.S »pring,biuli.»l 189
.<o. « «p'lL){
.
1 SOd
I
'
4C^aS00|
No.
ibrfng
1
..'..
il..!;
1
1
««
1
17
»
Bitr»8Ute.*e.
6 dOa 6 SO
Red Wealern
1 lu
Western Spring Wheal
Amber do.
'..'" 1
eitrae
5 »SS 5 80
White
l
•"» 6« '• Corn-We«tern mixed
doZXandXXX
' 753
S
...
tit
do wtater wheat X and
White Western
680
IX
5 «» 8»5
Tellow Western
tJA
City shipping exfva.. .. s tOQ 6 SB Rye
"ty tiade and famllj
oata— Black
hranda.
508 7 75
Mixed....
Soiitbe>n bakers' and taWhite
mllyoranda
7 Oia 8 » Barlej— Weatom
Gotham ahlpp'gextraa.. 5 (A3 8 76! Canada West..
Kye doar, aaperdoe
5 OOa 5 40
State
Com maal— weatern. Ac. S K9 1 IS Peas— Canada .
Oo.-B meal— Br'wine. Ac. 3 «4t 4 Ou
Tba moeament in breadatuda at thia market haa been aa fol*
towa :
*— aaosirTs at aiw tork.
-BxroRTs raoH aaw tobk.——<
|
'
followa
&
LtrtT- Cnrk
Brepnol Falm'ih. FfsTre.men.
!few Tork...
:i.43>
New <frW«o«w
1*.<M
Mobile
Charlatna...
4.
MM
3.101
It.0 9
SaT^nnah
Trxs*
Herotk
Balt'BMre
Bi«lDn
m
t,Ii5
I.9M
tfia 4.3M
in Iha
t.-X!
4.730
4,aS
....
t,7»
....
t,740
t,M3
«l.fil4
1,151
....
....
I.ItO
a.ott
tOM
M*0
3.CS1
I.S3
....
14.111
i,Ms
t.m*
IS.T40
t,a:4
IM
l»-.
4,ni
4.171
.
.
m.» B i.tn »,»< iLO*
Total
ladadad
—
BareeAntwerp. Reral. IOBa.OeiM)a. Total.
I
i
|
».TM
...
ibOTe
to'ile are,
Inm New <>r'r•n^
I.4an halra to
Mablle. l,a«3 bale, lu Orim>-br.
fma New
Malaga and
5,i;o
4ino
•,ioi
Mts
For the
M etrop-
Mr.. B nop*. wa« towed In aea from
fcoaad for Biltim re. No*. II.
ChailM'oa by aUaaar
Wb»
'
Cotloa
,
,
—
—
—
.
Sla
Sail.
d.
AT-tC
E»ja
Taaoday
Wadaaoday .*'»-«
Tbaraday.. ..aiA-4t
Frtdar
S:-U
Market ataadT.
I
I
.n
ooap.
»
*•
..
p.
..
!
ap.
..
1
..
I
P. M..
Decnabar
At-
lb< )
ISS,»<7
IM
fl,«M
(.14
wi,«n
I<,5I0
a,»o
19.1 •
*7.»'8
18.CTS
7,>81
•8,130
ia.411
l.niO
SI. 150
t.4M
8 4V)
850
151.750
104,410
45.741
7S.4eo
lt,«O0
m.oM
n.isn
S.540
400
1»,w«
:,»S4
18,500
lAin
lll.Tt7
I
i.r«.-«4
I.IM7A)0
75 1,808
M»,'i»4
191,107
HI.'M
0tV«B
4't«.75<
I«<.1»
7514(0
8n4,4-«
IM.IM
'7».
UI.W4«
9M,t98
l.tm 74»
It.
9i.M«
ORIAM
•t5,<l
6
SUl.tlj
Aia*
»7-J»l
»1»7.Sll
l».-t7S
i,tui,';5i
1,084.181
««i.817
1»4,719
ItT.IHI
104.448
todata
87,178
*i.0f5
rr.isi
3a 097
18.191
I4I.1M
S«l v.t
S«7.IM
tn.Vi
K.ooa
.1.l)«.15^ tt.^41.57'1 K,S07,S>5 1^559,008 n.fflOO'iS l,t»x.'l9t
ItTt..
saoHt
tjnn.UI i:.n4aa<5 ta,M4.am lu.?!!^^ a.4«l,78*
t.l>«.7l' 38.7:5 »7 tV4S.'<S4 10.8;4,<I5 a.isi.n
f'C«,9R8
.8,088,135 «;,5;i. 118 ».815.nK) I0.4XI,8X> ^8ll,!.«8
«7,374
'iameltaa 1874
'•aBMltme ISn
SaoMltae
•
II.
bush.
((8 iha.) (Sa Iba.)
101,815
1,454
I0(1,7W
bilmaled.
SSIF1IICNT8 OP Klodr
four weeks and trom Jan
and GRAIN from
lake porU for the past
tu Nor. 37, inelusire, for four yerra:
I
Wheal,
Floor,
hMa.
r^
Nor. 5.
J»n.
*«mc
*anir
a^mm
hnah
ana 710
.M..i«»
M«8»<0V
-r.
——
5.-4i,rf7
!
tiiUf*
1
Bar ej,
hnth
Rye.
b •n.
KIO)
8:<i.7j|
81.131
8<,4I5
nt
1*1089
*8,a»
*W.5M
Jl.OH
>I,I40
8t.A4t
- ^ .
798
liT.an
l>^«« tii45wo
!«.5i«.:8l
15 III
1.W7W
)M«0.0'« 8,a4a.«<« 8,»1.\9M
A38o.a4a
'
hoak
t-MIl*
,
lal.^n
Ua.a,
sa5,4«l
718.81^
.
..4.«S1T.S<<I
I
Cora,
^aaii.
I.4n.l7«
too*. 4m
I41Jtli
.
.
^,111,897 MU^iM l.in7,'«0
18,U4,ta8 3,447,91* 1,190,8*0
•
-. -
RBCRIPTS of FliOOR ANOaRAIM AT SBABOARO FORTS FOR TUB
WBBK Baouia MOV. 27, 1875, and from jab. 1 TO not. S7
:
Floor.
Al««Maal
PWtodalpbU
ItM
8,808
S.4i«
1.11)0
800
88,400
41000
t*.500
500
m.vo
-.jno
88,5*0
....
1,000
.
»l,aM
.
fJM.'M
JMOSO
T74,t8T
aiaw4'«
a8t,aH
81,811
1»l,i'48
145.741
•M,SS*
*a8,Wt
a7,on
19.578
t,tTO
13 11,498.048 tl J8S,498 I9,0I>I,8I9
'51 laaia.MI <8.7.«.ll> t4,ili.1i4
4,5«),(I9
457 090
8. tO 1.0*8
aw.-iai *n,-8i...M
;*..... ;,KM.y)I «8.t79.7u0 S9.At*,9l4 10.9U,9H
4,»»4.537
PiaTlaaawaek
(9a.>«0
i«....>».-i
1
m-
i,9aui?
KOttM
>>,.||.
)
oaaa.
1
flSii
>.
laaetbae
I
80,:il
aowaoo
401
4t.48l
•8,198
..
<4aaatii
Hash,
8l8,t8«
88,088
Rye,
baab
ll<sM«
Ua*UW*ri('T4
Tbb
baab.
Bm.ltl
8S,MI
Bariey,
ttM^
*B4.«M
»4I945
aada>
S,«n
Oata,
Cora,
bash.
8M,000
«8,«M
48.474
4,8*7
9a.«8>
18,880
daHtaanre ..
tew tNlaaoa
TMH
l4M,8n
ltt,M7
Paniaad
Wheat,
baab.
hbla.
•fewTeek
;
been aetlTe, bat reclpta and atocka are eomparatirely imall at
aa I boldera feel maeb eonddenee. itt'll, ilin iapnly
of new Weatera baa been pretiy fair, aelllng in tba range of 6\iy
TDc. with new Bnathrm yellow at TS^lc, ao that no iearel<y i*
To day, tbe market waa leaa active and acareely ao Arm.
felt.
Rya haa baaa qoiat, bat pricMa baee ruled rather better. Barley
haa be«a active, and pricea have adeaoeed S.SiTtr.. ppr buahel,
alliag yiwurday at f 1 15 for No. 3 Bay Q ilole, $1 23 f >r -Vo. 1
io. Canada paaa hare bean qn'vt and aoehaoired. Oata bare
trrranlar.
A apeeolative demand, with moderate aappMea.
t 7.374
li4.ai<9
'70
'
(M !•>«.)
bneh.
I,M>.SI9
Total Aac.
ir.5
hn«h.
IJHt
:
all poloia,
and the move
10,n«
M
Indian corn declined early ia tha weak, and aereral boat loada
«ii.5ai
3.000
117.769
Vllwaakaa.
Pranoos week.
of prime oail mixed aold on Wedneaday at 73(5(7Sic-, (ram which
there waa a recovery yeeterday lo 741c. Tbe demand baa not
300
baah.
5lll,gKS
Tnrrasi.'ac waak.Tt
larira rceripia.
laast.its
1M.539
8,ll«
4IS,TrS !)S.'5»,4St
To
OalMlL...
Toul
OD
I
nM>^
:
baab.
a.
Oolstb
;
1.71 1
isi.aw
Sil.MS M.TTd.li.V)
1S4.8M ia.S97.8 9
ai 948
47 488
ciiigal.
floor market, tbia
I
S,0n«,48«
150,951
(!Wlba.) (lUiha.)
Pai
weak, baa been qaiel. and pric*a bare
deralopad ooma weakoeaa. Tbero baa bean gnAatUf an accamolatleo of alocka at tbla potat, and boldera abow aome aailrlT
to rffcel a radnctioa. It ia axpcet«d tbat tba clooe ol loland
oarliratioD at tba North and Wrat, togatber wlib a eoaaidarable
adranea in rail frrigbta raatward, will malarially redoee raeeipta
•t tbia point bot the preaent naeda of aalUia, and the cljerk
npon esportailoB wblcb ia Impoaed by the doll foreign adriera
and the tcareiiy and bl^b ratae of oee*n frrlgbta, are the rnllaK
Infliirocra at tba momant.
To-day, the market waa doll and
pricea weak.
Tba wheat market baa not rarled to any important extent.
The Mack bara ia annanally l^rfm, and rceeipta at thp Weat
bATa eoBtlanad on a liberal acale. abowioff a lari^ ioereaav
erar laat year; bat larita qaaailiit^ hare been detained on the
canal and rirer. by tbrir aaddeo eloeioir, and it la belieTed tbat
hlfh rail freinbta will prerent any eoeaiderable aoppllaa eomioir
forward darioB tha winter.
Tha demand haa be*a limilrd,
whether for 'xport nr millinir foreign adricea bare been dall,
firigbta icarca and blKher and there baa eonaaqneatly
diapoaitlon to nprrmte at the Weat for a daelina. Late
aalaa embraced No. 3 Miiwaokeaat $• 28(3$l 89. and prime to
•bolea No. 1 aprlnir at |l 87(c(tl 40. To-day, tba market waa
ary dull and prtcee nominally 3(i^3c lower. The Wi^tern mar
keta were alao lower ander tbe lubaldenca of ipeculatioa and
r,«07
'
bb
CO
I,
Since
Jan. 1.
1.7IO,«.'l
37.49*
AT LACK AMD RIVBR PORTS FOR THB WBRK BNDIMS
AND FROM AUOCST 1 TO NOV. 27
FI'<Dr,
Wheat,
Com.
Oata.
Barley,
Rye,
BRE ADSTUFFS.
FaiDaT.
week.
.Ian. 1.
NOT. 27, 18T5,
is
ap.
apw
I6.1,9i>t
S»^4>'t jl.ii«)ti>« 1g,4«9,4:i
««.457
1,81 3
yiK.Ul
.
1874.-
For tbe
Since
week.
.
e.
I
1.
4&1,7M 4,5»l,iM t,«W,»IS
no
Oata ...**
WJ,«S7 HMM.lt) 10i4M,4ir7
S.8M
ni,f«6
The (ollowinif tablaa abow the (train in sight
meo« of Breadnufra to tbe lateat null datea.
'•2al
8!
a.
a.
..ATM
Moaday
<1,|iii).S»t
1.
.
"
Barter. "
the p«at waak hara baoa aa lollowi
.^Baml
Han*. .
llraman.
LlTwpooi.
.
•atarday...
meal. "
I,«a5
II11.187
Wheal, baa-LKS-SM Sl.«8.ag8
I
fraiirlits
-1875.
For tbe
ItXVa »ba.tn
bbl*.
Corn,
Rye,
ther (ot ootilda Iber e •eoBBtcnd a atroog bead wlod, and wben off C^po Rim tin. A.M. aj.
tfea llaea care way.
Tbey ware afterward made hat, bat from tii'
xroaa head wind It waa foand impoaalbla to prceaed, and riie wa«
i I toTjrh e.
•f., Matthew*, frorn Sara-nah for Boaton, pat Into Hampton
Nirr. tl. with boiler* Icaainr.
W. A. MBOCTaa, air. (Dnicbi, before rrportad aa at Bottvdan,aft«r Vine
aokura, pmeaadad tu Loadoo fraoa Mottocdam, and baa fone Into Ihr
dfy dork tot rep Irk.
Faafaao, bark (Br.>. Lnwden, arrlied at LlTCfpocl. Nar. M, from New Tork
y CO llaloa with aooUier
fln*,
Ian.
!»74.
I.TI0 8aS
C.
to
Since
Jan.
.
Since
week.
Fl'>iir,
**—"».
1878.
.
:
Ac,
—
—
it».»}i
Yorlt. 8T0 b«le« to Rollefdim
l,lin balea lo Vera C'rax : trum
B«li>w we gire all nawa n«eiTed to data of disaatars,
Teaaela carrying eotton from Uoited SUtaa porta :
Tba
A
ern
1
mn aa
japardo* Sute
S.IM
ihipments, urangad ia oar usual form,
;:artleQlai« of theae
641
Itvav*.
So. 1.... ....... .•bM. IS Tsa 4
£.0T<
...
?,<00
Tot«l
Tha
.
>'<a
4M>ii.«i«
4>i
f 98 784
S.!4l.*7.t 1,091. laS
&8l,0Ti
Hdpplt of Uraih,
inelttding tbe atocka la
irraaary at 11 >• principal polnta of aecumnlation at lake and
aeabMrdport^io iranait on tbe lakea, the New Tork eaoala and
by r^, FJjV. T7, 1875:
Rye,
Barley,
Wheat,
Com,
Oats,
haah.
hnah.
haab.
hnah.
boah.
88»a98 107,8*0
8311.888
851.7*8 LIDI.MO
rnatorrsi New Tocfc
*«8.0<0
14.000
8A«nn
4.'vin
48.mo
lo atonal AiHany
<*57*
155 448
Hfft.!*!
tillt.aSI
444.510
(oatMeat DalTtlo..
7
188
884
8
9,5
l.Mlt.145
418.098
J7«,71»
Ioaloreat<hi«.">...
151,481
8.T4I
1.080.180
80,198
9,049
InaStreat Mllwaukaa
Tisibi.b
Inatoraat ~)alaih
lnaiOTe<i T<>i.m|,i
.
fa
(a
I*
aiD-ir<>lt
at '»a«fvr»*
alMi. l/>ala
la
la
a' P.Miria
at Hoatnn
71IM
5M «»9
.
119.479
.
at
n.8'0
inn.nno
..
.
.
«5
4*,889
48,8:1
88.(n9
.
119.744
4'-»7
soono
15K.S88
95.a70
F1-.004
9.819
11.81*
27.080
S,'S4«
9x.tl>t
400
MO,(rn)
180,540
10.000
40,4*8
4,888
9I.«W
811.414
511
88,411
1383
7.J7I*
M,0^
|l18.n49
iwn84
innnoo
WLono
l,H)9.7H
109. >4i
850.000
S'9lt«
VM.8I8
I8N000
94.*'«
188.8*7
900.000
875,000
18.147
18,010
18.781,188
3«»t.M0
8.1^1.799
1,808.878
808.478
lSO>4,9e*
9,788,04
4.818 01*
3,178.417
8.788, t«7
l.l>«r» 448,194
*.C7S.g0*
1,IW(,488
875.000
BKlumora*
..
Ill
88.
117,510
Uiaahlpmeala
EUjMpqteaU
improeement in the more deal rable qaali ilea; but, Oa
Itcw Tork canala*.
joatarday tha whole market relapaad Into dntneaa, except for
prime white, with No. 9 Cliieaffo not aalable at over 47e. To-day, Nor. 88,1878
Bor. 88,1874...
thera waa a flrmer feeling but a qalet trade.
Tba followtng are dooiog qnotatfoaa
•rtlnatad.
781,551
8,807
I.
at Toronto
at Montreal, . ...
at Phlladelpbla*...
.
ir.iv;
t5(i,nno
18.KI0
8.800
7,.'A)
5 9*5
8''.i8l
118^708
.
.
.
THE CHRONICLE.
642
THE DRY GOODd TRADE.
During the past week baainegs baa continued quiet
all
departments
3,
1816.
do
do
do
do
witti the
;
tlie
8-4
9-1
Allendale
job-
bing ttade has been sluggish, and imported goods have moved
....10-4
23«
27«
..11-4
....14-4
30
85
.
f.
do
cotton
for
goods has been
fairly
and th>* total shipments of dry goods from this port for the
week ending November 30 reached tlie aggregate amount of over
Bleached shirtings were exported to Liverpool in
1,600 packages.
considerable quantities, and a shipment of American ribbons was
made to that port. The extremely low prices ruling in this market for shirts and drawers have attracted the attention of foreigners,
do
and some small lots have been exported as an experiment. The
do A....
Amoekeag.
..
clothing trade having supplied their earliest wants for spring have
do
....
do
...
been operating pparingly,and transactions in cotton goods witii shirt
do
....
manafactarers have cot been quite so large as was expected. The Boston
do
holiJay demand for choice styles of prints, &c., has been of modactive,
erate proportions, but increased activity in this connection
is
looked
Business with near-by sections has been
stimulated by cold weather this week, and jobbers in the West
lor in the near future.
9Vf
Putnam A A..
8X
Peppercll.
9ii
do
do
do
do
do
do
do
do
27
8)i
9X
-3
8X
..
9
8M
40
48
30
33
86
40
36
LaconiaO
89
do
B.... 36
do
S.... 36
do
9-4
Vl\<
14
19
do
do
9X
...
'X
8X
9X
u
Langley
82X
27X
Laurel
36
Bedford R... 30
Boott S
40
7J^
6>i
H
Lyman C
K line.
R
Portsmoutli
M
8
39
9!<
36
fX
38
SO
86
40
9-4
e
7X
9X
IIK
10-1
36
32X
7X
9X
.
A
R
E
do
do
34X1 Stark A
do
10
I
sx
IDX
IIX
8X
.36
lOM
36
.36
B
36
Swift River.. 38
1
do K
36
do
T
36
Lacgdon OB. 4-4
«X Lawrence 0.. 36
do
XX 36
14X
11
do
LL. 3»
9
J.. 36
do
9
do
Y. 36
Mass. J
29
do K
33
8«
do BB. .. 36
do M
40
IH
fy,
do standard 36
i>^ Maxwell
40
2>
36
Plum Island.. 36
do
.
39
SaranacflneO 36
9
»ii
8
25
S7)i
SO
...
i-m
PocassetCanoe39
9X
11-4
36
36
36
^X
9ii
.12-1
Pitlsfleld A.
lux
.10-1
. .
doN
15
.
.
....
....
Pequot A
do B
do
do
13X
.
in-4
8-4
9-4
do
do
do
Broadway.
.
do
..
do
do
..
Ind'n Or.RR.
do NN.
do EB.
do A A
do DW.
6
36
45
48
60
36
40
J 36
.
36
..7-a
36
I0«
m
7X
.30
.36
do
40
.. 32
Harrlsburg A. 36
do
B. 30
Indian Head. 36
7«
9«
27X
82X
E
do
do
8
.
....lJ-4
....11-4
do
do
Uallowell
9V
8X
»«
29»i
20
8
do
8V
7X
6X
36
Agawara F... 86
Alabama. ... 36
Albion A
36
Atlantic A... 36
do D.... 36
do H. .. 36
37
do P
do LL... 36
Appleton A.. 36
do
N.. S3
36
AueuBta
36
86
36
7-4
8-4
9-4
D
8 33
OranitevlUe
30
Width. Price.
Newmarket A
do
27M
10-4
Adriatic
The export demand
Width. Price
(
Great
Falls M 36
8>i
Si'i
Andrcmc'gein.9-4
slow
4, 1875.
Brotvn Sueettn e» and Shirtluxa
Width. Price.
FttiDiT. P. M., Dec.
domestic commission bouses in nearly
[December
1
.
i6)i
I
8
Suffolk
A
TremontCC.
36
86
Ullca
;;6
HX
do heavy.. 40
do
18
11
«X
9X
22X
and South report a saiistactory movement in fall and winter goods.
4<t
do W
rto
t8
do FP... 36
8
do
78
37X
Domestic Cotton Goods. There has been a liberal demand
do
RR... 86
35
do
66
36
40
do
96
for heavy standard, four yard, and fine brown Sheetings, and Cabot A
BMi
7-3
do
57 1<
do heavy... 110
?« WalthamF...
these goods closed firm with an upward tendency, Atlantic H Continental C 38
1I>
»6
Ooneelnga
D.
28
.5-4
8
...
do
"
15X
being advanced Je. by agents, while other makes are held at
do
G.. 30
25
sa
do
.. ..9-1
S.. 33
do
value." Bleaclied Shirtings dragged and sales were light in the
do
....10-1
27 Si
do
W. .30
14
do
.. .11-4
aggregate amount, although large lines of medium qualities were
ii>4 Hertford
do AAA ..
36
iox
«X Warren R... 40
do W.... 36
36
B)»
9Sf Myetlc River. 36
»X
placed with the trade " on memorandum," to be charged up here- Crescent
OwightX... 30
14
do
AA .. 40
7X Nashua fineO 33
8H
probably at lower figures than those now ruling. Wliite
after
do
T.... 33
do
R.... .36
9
7«
Wachueett... 86
9X
do
Z... 36
do E ... 36
8«
10
do
30
8X
Rock bleached shirtings were reduced to lO^c, and increased dis"
do
ZZ... 40
do
48
9¥
..
16
do
..40
ISX
do
Star.. 36
do
9-4
do
..48
loX
9X
counts were offered on some other makes. Cotton flannels in low
10-4
BxeterA .... 36
do
1%
qualities were In good demand, and are closely sold up to receipts
Cotton Sail Duck.
by agents. Corset jeans and satteens lost much of their late Woodberry and Dmid No. 8
25
Ontario and Woodberry
Mills and Fleetwing.
No. 9
24
USA Standard 2SX In.
buoyancy, but were in steady request for small lots. Tickings
22
8 oz. 20
No.O
40
No. 10
do
were a shade more active, but denims, cheviots, checks and stripes No.l..
9 oz. i2
38
do
8.
Light
duckoz. 24
No.
36
do
10
dull,
and
coitonades
remained
were only in limited request.
34
Bear (Roz. 29 In.,
12 oz.
29
Ho. 8
do
32
do heavy (9oz.)...
15 oz.
86
Rolled jacconets were advanced to 6c. in jobbers' hands, and met No, 4..
do
SO
Mont. Ravens 29in.
No. 5..
Ontario Twls, 29m. 21
with moderate sales. Grain bags, cotton batts and carpet warps No. 6
28
do
36in. 2.1
do
40m.
24
Ex twls-'Polhem's" U
continued quiet, and the former are not very strong at present No. 7
Denims.
Print cloths were unclianged at 4Jc. cash (@4ic. 60 days
prices.
Amnskeag.
Cordis XX brn
IOX
12X Thomdlke A..
Prints in new plaid effects found
for standard 64x64 makes.
do
B....
15
do
X brn
14
IIX Unrasv'e UCA.
20
9
Boston
Everett.
20
York
ready sale lor the holiday trade, and robes and shirtings were dis- Beaver Cr.AA.
21)
16
Warren AXA.,
15V4 Lowiston
II
do
BB.
16
do BB....
IW Otie AXA
tributed in considerable amounts, but dark madder fancies
13
CO.
do BB
14
do
do CC. ..
:ix
remained quiet. Ginghams moved slowly, but plaid cotton dress Cac'ton
dofC
10
12
Gold Medal...
10
Coinmb'n h'ybro
is" Pearl River
19
Haymaker
goods and imitation mohair coatings met with fair sales.
IT
Palmer
do XXX brn
10
Domestic Woolsn Goods. This week there has been a l-ss
Checks.
active movement in woolen goods for men's wear.
22
Union M. No. 50 17-18
The clothin g Caledonia.No.7..
12X Far.&Min.No. 10
ilo
14
Park MillB.No..50
II
12
No.8..
do
No. 70
trade bought pparingly of spring weights, and jobbers' selections
do
do
No 9..
lu
No. 60
No. 80
13
do
14X
No. 10
18
do
do
No. 70
)fi
11
do
No. SO
of heavy goods were restricted to small parcels, necessary for
No. 70
19
16
do
do
No, 80
No. 900
do
17X
keeping up assortments. Overcoatings and cloakings were rela- Far.* Min, No. 5
12
do
No. 90
19
do
No. 800
16
do
No. 6
14
do
No. 100
21
do
70O
14
No.
tively the most active goods in this connection, and prices were
Union MilIs.No.18 15
do
No. 7
16
ts
Prodigy..
No.
do
8
IS
do
No.
20
17
Lewieton
A.
IW
fairly maintained.
Cussimeres were in limited request and
do
No. 9
19
worsted coatings which are in larjje supply were comparatively
Stripes
Everett heavy..
IMt
14
ThorndikeA....
17
neglected. Cloths and doeskins were very quiet, but plain black Amerirnn
13-14
Amoskeag
Tlamilcon
13-14
do
13
B....
and printed satinets, in low grades, were distributed in fair
do
fancy
10-1
11
Lew'n AA.CIiev.
13
UncasvIUe A..
Cheviot..
do
A ..
13
do
DC A. 12-13
12X
amounts. Kentucky jeans were generally quiet, but a few large lots Bates
Cordis awning
11
26--J7^f Mftspabesic
13
Whittenton AA
fix Oils BB
do
18
B...
11
were closed out by agents at a concession from former holding rates. Ooluinl)iftn
15
Park Mills Ch't.
Everett Cheviot
do fancy XX
l.iX
Flannels and blankets were in steady rtquest for comparatively
Cotton Yarns
small lots. Dress goods, shawls and skirts moved slowly, but the Empress 6 to 12... i4
Sargeant «toI2.. 21
IXL 0t»12
iM
Fout.enny
do
54
24
XXX du
cold weather gave an impetus to the demand for Cardigan jackets, P«ndieton do .. 21
TIcklnes,
nubias, scarfs and fancy knit hosiery goods, which were sold in Amosk'g ACA. ..
Omega B
22X Cordis No. 1.. 32
17X
—
W
—
W
.
.
I
.
.
.
.
—
—
—
I
I
1
do
do
considerable parcels.
Foreign Dhy Goods.— fhere
do
36
A..
..
do
B.. ..
a moderate demand for
do
..
goods suitable for the coining holiday trade, and plain, fancy
do
E. ..
do awning ..
and initial handkerchiefs, lace goods and embroideries met with
do ACA
do
fair sales.
Dress goods rule 1 quiet, except such staple fabrics as Albiny
Conestoga
60
cashmeres, merinos. Empress cloths, drap d'ete, alpacjs and
do
FP...7-8
4-4
prem
do
A.
mohairs, which were taken in limited amounts for the renewal of
ex... 4-4
do
assortments.
Black and colored dress silks were in steady
do
ex 7-8
do
Gld
mdl4-4
demand, and a few large sales of American silks were made
CCA 7-8
do
do
CT..4-1
privately and through the auction rooms.
Velvets were in fair
do Penna.4-4
request in botli Mantilla and trimming makes. Ribbons continued
do
AA ..
do
X
quiet and weak, and there was not much animation in millinery
Cordis AAA. .32
do
ACE. 32
silks.
HousetiReping, shirting an'' clothing linens moved slowly
and white goods were generally dull.
Woolen goods for men's
Dirlgo
wear were exceedingly qiiiet in importers' bands, and sluggish H.H
C
wa«i
.
.
I
2'X
do awning.
do
No. 2.
do
No. 3.
do
No. 4.
do
No. 5.
do
No. 6.
do
No. 7.
I
V.I
Ifi
I'fX
Ufi
19
25
We
annex
prices ol a
few
articles of
domestic manufacture:
..
11
..
10
9-11
16
13!i
..
..
.'.
Easton
35"
Hamilton reg..
do
D.
21
22
20
..
..
.
Hampden CC.
30
12
do
BB.. ..
do
TRA ..
Lewiston A.. 36
do
A... 32
do
A.... 30
Metbuen AA.. ..
do
ASA. ..
inx
Lancister
17X
nx
.
14X
15X
13«
do
18
20
Omega C
18
9
Hanover
Logan
4-4
7-8
do A
..
do ACA.. 90
do
do ... 36
do medal ....
Mlnnchabi... 7-8
do
....4-4
Pearl Rive.-
Palmer
Pemberton A A
do
B
do
E
ua
84
2SX
.•
18
11
IX
65i
Swift River.
.
..
ThorndikeA.. ..
do
C
Willow Br'kNol
WhittcntonXXX.
do
A. ..
York
,S0
do
82
.
SO
25
22
•ii
20
8
..
PittBfieid
12
21
24
19
17
18
19
20
.
.
10
IOX
IOX
19
25
17
U
14
Coiton Batts.
"
with jobbers. Hosiery and gloves were in steady request and
Srm.
Paris and Vienna, iroitaiion India, Decca, and real camel's
hair shawls, were in better demand by first-class retailers.
..
21
18
16
14
12
..
Irving
10
Gtaaxer
2.)
Rock Island
10
..
Russian
18
Jackson
20
Standard
Honest Injnn
12X Wysming
(lilazed Cambrics
Bllerton...
">
Franklin..
7
Garner
65i|
I
I
Harmony
Red Cros«
.
.
6
7
I
I
Washinffton
High colors
15
1»
!2
13
fix
Ic,
higbfr.
:
Decern' er 4 1876
THE CHRONICLE
]
rorlatloBs
The importkUoni
dry jioods
Kxp*r(a or
or Drr Oooda.
m thla port tor the week
ending
Dec. a. 1875, kod the oorreepoadioit week* of 1874 aod 1378
hare been as follows
araBao roa ooaaoamoa roa raa waaa aasiae Dscntaaa i, 16^!
ol
:
1874
.
Maaaractarai eC wool
Value.
in
Pkn.
t81,*V7
gr.Hi*
VST
MO.SIS
4M
I»l.«n
tri.OM
ST.taS
(It
man
U&,m
1875
.
.
PkKi.
to
coitoD.. tat
do
iiik
iM
do
M5
«*x
lacallaaaoaa drj (oodi. «0
543
Pkca
Valne.
SK
W4
,
Valnr.
l.ea4llttK Articles (roaa nevr YarKa
following table, coinpileii (rom Custom House retarni,
shows the exports of leading articles from the port of New
York since January 1, 1875, to all the prlocipil foreign countilef,
and also the totala for the last week, and since January 1. The
last two lines ahnw total ea<ue«, includinfr the value of all other
The
articles besides those
mentioned
the tahle
in
f«l4.m
iri.iw
4.M
747
315 108
1
1M.M8
14,'m
-
141.187
ToUl
8.a«8
... \,m
<487,U4
4,880
fMt.Mt
««79.SB»
vrranmAwa raoa WABaaoma Aas Taaowa urro Taa tuaaaT ddbius Tsa
8"
?f
ILsllsSSi«S?Si?51si|sslis§?sg2|5|it!2
§
:
aAMB pibiod:
aaaractarea of wool
do
cottoB..
|]80.8a«
M.6i'»
80.8ti
8M
ailk
loT
»l
8az
5!4
n4.l»
tn
14.818
181
857
M«
i43M8i
1,874
487,154
m:
8T,;i53
191
145
»7<).4g8
Ul
41
48.481
6«,)«n
40
i^BI8
M7
41.514
74.101
9.:07
|80t.4n
ns,04i
8.588
•Ta.sat
S.887 |1.t8B,iStl
4,410
t>.l*8,M
BBTBBBS roB WABBaocnnie dubibb aaas pbbjodi
««9
aaaftetar** of wool .... 544 (U4.878
858
t».8U
tl54.IN
do
do
MlaeallaaaoB* dry cooda.
Toul
...
Addeat'aforconnmpt'a
—
1^7
tl84.«9«
li.1116
S
i
:
rotal thrown apon n'k't. S.1M
do
do
do
cottoa..
allk
8ax
l*ra.laaeoa( dry goods.
tM*.08»
m
IDI.ISa
140
51.1185
r4
198.8SI
Maj48
40
<«.«S3
118,818
186
».I40
8U«
818
4)8
«I187
48
14.810
77
4«»
8 885
ea.gn
U.:44
854
X.9t
M8.188
84
1*^4,458
&8t9
(4«ir.iii
Addtat'jrotcoasanpt'a
1.818
487.1M
4.850
ka^otd
s.a<i«
»7>.aas
PMal catsnd
4.088 11,018,117
5.8:8
ILrajaS
Toul
at tlia
port
5is
iSxsIS
il
i^SS
ii
-
2
05
:i5si8SI?=IS= :l|
i
8"" =
T,«TT tl.4M,88t
l^rorta or Loadlas Arltelea.
The following table, eompiind from Custom Hoase
retaros
shows the foreifo Imports ot Isadinir article* at this port sine*
/•a. 1. 1873, and for the aua* period of 1874
IIS
lis
3a«
-
si
:
(Tk* 8aaatll7 la cl'«a la paeka(** wk«a sot otkanrtse spacl8a<l.]
:
2 :-S .SSBS
-
;if5g2i!3
:
ISSl*
:
|jl«H8«
^f
:
:3
•
•
.
:|a S
S :CS8 5
s
:
=85 :-
j
•
;S
i
.
S82-9
22
:2S
.<
ess
igS:-:::
2
sS
SISSIgSHgBSj gS
I
Si^
?a2 -sn
'
•
;
>.
i
:
:
:SSP2S i'SSiSSSSSHSiS*
rf -"''
-V
:»
•••- s5
:
51
;58 ^5-5Si ^i| 22??
.« :|
RXSS
.
:
«
:
:-g
:
gS
.
;g8 :"g
i
2
is
a4ar
Si
8
•I
e
::8I
3
00 «f
J*'..'!"'!
1V4«
«».<*:
817. 1'^
n.%4'.
mi:*
l.l.lTl
Hoes Ho.
I
tl.1'4)
8n8,l$l
t*.3l8
8.418
818
ni.:4»
8I.94
I7;.<w>i
41.
»MIBB
vw
(Misa.l
»f7.n7»
88,4«l
148.171
Tl.Jini
48J»V
l*l.»>l
171.(t.
71.HI
107,ai8
a
.
THE CHRONICLE
544
[Deoombar
OONPOWDKR-
ill.K-
BLaSTINS, rOR BAILBOADS, AC.
Poda, ary B.zeg'alu, lu
A.-1HK8Pot
a
5
BKKAD3TnFFS—8««>peeUI report.
BUlLUlNa MATI£U1A.LS5Hci:<— Common uiira. afloat
»«
2 50
11 uu
*is
>
a
a
i5
3 25
Catkplkes,allil7.e>
3
Lead.wtl.. \mnr..
Zinc, wh.,Amer. 'iry. No. ;.
zinc. wh.. Amer..No.I.lnolt
ParlavhltP.RntfllBh. prime firold...
BOTTKK-(VVholegale Price")—
Half ftrklnsCKast'ii/ 3as toaelecllonB
"
"
Welsh tubs,
lata
...
•'
Half SrklnsCWest'n) '•
....
...
Welsh tabs
good
9
^
5 T5
1! 50
a
COAi.Aathraclte (by cargo)
Liverpool istkb caunul
Liverpool house cannal.
w
aix
20k'a
21
2S
2!i<
Native Oeyluu
ttuiti.
Maracaibo
KOld,
Kojd
19X»
:^ u
gold.
gold.
gold.
IS
a,
19
19
a
iiommgo
8av>ia111a
OoBta Rica
COfPKK—
1851
2IJt<«
2«
^0
a
<i
2IX
21
18 X
21
21
a
Bolts
Sheathing, new (over
Brawlers' (over IB 07.)
COTTON— oee special
DrtUOS * OVKS—
Alnm, lump
••
••
W
39
refined
Castor oil, 8, 1, in bond,
VKaL.goId,
Canstlc soda
Bochlneal, Honduras
Cochineal, ^lexlcan
....
OnHfths, Kast India
gold
Bambler
55
45
o4%is
83H
26
25
20
gold.
Qnlcksllver
Quinine
V
a
a
w a
4o a
46 a
ft.
^old
1
H'lell l.ac
Soda ash, ordinary to good
Sugar of lead, white
gold
2 00
*
18
common
4 75
26 00
North Klver, pr;me
*
Batalas.aeaoiess. new...
00
2 go
Layer, new
do ttultanji. new
lo Valencia, new
€0 Loose Muscatel, new
Unr r^nts, new
Ultron.Leghorr, new
•runes, Turkish
French, new
do
:
O
cur
HX
II
1
01'
22 X
11X
undressed
a
%
@
&
10X
,9X9
III
ii
12
...
1-1
\
11
la
32
a
«
a
21
19
at
«?.
to best quality.
a
a
a
a
a
.cnr. 45 so
m
1.
Sound
1^X
1 fO
3 50
a
a
A
a
5 i5
9*
a
42 00
46 00
a
53
20
63
1
48
1
a
15
a
w a
CO
1
OS
a
a
1 2(1
80
63*'
1
1 85
1
05
pgTBOLKnM7
a
l«Xa
'.[','.'.'.
9xa
Vbbl.
19X
12X
10
I
22 25
16 50
20 00
11
5(1
12 .50
22 25
'-i
14X*
ft
KICE(,nroI'tiR,fHlr to choice
«Vai
22 50
15X
7V
.
gold.
I
60
'<>
6va
Patna
2 65
7
SALT13
UX
.13
-.'S
20
Turks (stand
....8
«'. Martin's
V
Ltveroooi .vsrioua torts
sack.
1
....•a
55
a
25
80
2 60
8ALTPBTRK-
ton.
1<I0
^Q
far-, no
®14O00
gold. 220 00 a225 00
••
26000 as^soo
7 «
Vn •*
'X
135 00
•nt,e
GDH.'JIRS.— See report uooor Cotton.
4xa
sx*
s
6
Crude
„
gold
"
Nitrate soda
....a
2xa
8FCKDClover, Western
Timothy
Hemp, foreign
fi ft.
9
It
bnlb. 2 80
FUl, rough
Linseed Calcutta* 56ftgola (Ume).
SCO
....
....
00
65
8 39
7
»
Store Price*.
17
i4Sw.
6\a
9
14
'
lOX®
loxa
11
nx
a
...
9
16
10
11
7>,a
S5<a
Prltneclty,
•
Western,*
ft
a
a
a
a
a
SX
2H
nx
280
2 Oi
1 60
2 10
a
fxa
v\
fX
8X
8J«®
*%
7xa
8X
...a
a
11
loxa
lOX
..a
.
a
10
irX
sya
9,Xi*
9Ka
8xa
10
»%
SH
...a
'.
1^
9xa
cur,
-,.
•-9
a
a 10
a f5
a 52
a 77
20
(0 a
33
27 a
ta
.w a
64
58 a
21
23 a
2i a
27
Nominal.
89
S7 a
4« a
94
74
60 a
RO
25 a
60
35 a
70
55 a
95
85 a
a fS
!0
SS a
77
15 a
1
1
1
Kxlralnetofinest
,
Snp'rtotine
CO
Kx.fine toflneBt
do
Oolong, Common to talry«««
do Superior to fine
do Kxfineto finest
do Choicest
•25
to fair
Sup'rtoflne
Kx.flneto finest
TIN-
'.iv.%
111i4«
Straits
English....
Plates.!. C.charcoal
Plates.char.terne
7
2.5
Ings, heavy
••
"
leaf,
Seed leaf— Connecticut wrappers "TS
8
Kentucky
&
Mass.
a
7 60
a
@
.a
a
a
a
a
65
8
!«
06
PO
60
6S7X@ 723
"
TOBACCd-
(^onn.
7
18
(C
1;
25
.55
«
a
a
Extra, pulled
•in
(*
No.l.Pnlled
iO
Vft
43
43
2
California. Spring ClipSuperior, unwashed
26
Medium
Coarse
Bnrry
26
22
19
•
South Am. Merino nnwashed
Cape Good Hope, unwashed
Texas, fine
Texas, medium
gold.
Smyrna, unwashed
ZINC—
Sheet
*
*
gooilB.
<r.
ft.
bbl.
.Vton.
Oil
OomblkAbga. *l>u.
Wlinlt. bLlK A bags.
4
so
50 n
10
(%
..
s 55
a....
a.....
IS
so
6'.
44
m
EO
a
a
a
82
SO
29
•a
a
m
et
a
....a
....
(8
23
20
18
a.
...
30
25
35
.13
•iS
SAIL.
.
..
J.l
a.
11
a
.
«.
'<
9-1*
...
a
a
32 6
•>
..
•
9
Beet
V
tee.
86
»...
9 «
90 a
Fork
*bbi.
6 9
a....
8 6
10X»....
1
.'•5
.
ToLlTMEPOOI.;
Cotton
Flour
* Il,gold,ne
^ST»AM.
».
?. d.
7-ie
.... a
9
IS
9X®
20
fillers. *73,
'72
Pennsylvania wrappers.
Havana, com. to fine
Manufac'd.tn bond, black work
"
••
bright work
American XX
American, Nos. 1 &
American, Combing
MU
»%
.'3
....gold.
Banca
S2
43
6?
B5
r2
62
75
a
37
60
90
28
40
60
to fair
Souc* Cong.. Com.
a
a
a
a
a
2t
34
4:
75
Pyson Bkin.A Twan. com. to fair.
Snp.tofine
do
do
Ux finetodnest
do
do
Uncolored Janan Com. to talr
Heavy
bX
7sa
PKa
[mperial.Coii' to fair
Sun. to fine
(;o
do
do
lox
lOK
Snp.tofine
do
do Ex. fine to finest
do Choicest
fio
a
9
loxe
A
ft
1^
7xa
Tkit
.
grannlateu
cut loat
Soft white, A standard centril...
FREIGHTS—
....'a
))
.
15 00
8X«
WOOL—
21 25
16 00
u
2 25
1
19
"
5
••
"
Pork, extra prime
**
Pork, prime mess old
"
3e,el, plain mess, new
"'—*»,
"
"
Ueef.extra
"
i^rtof liai'iB.Wes'. sum. cured..
Ha.n8.»mokno
_ ...»
Lar , City steam
80O
cnr.
do
do
62
81
«....
PHIIVISIOUSPork new mess
W
Brar.ll,haga,D.S. Nos. 9all
Java, do. D.S.. No«. lOflVi
Manila, superior to ex. sup
N. o.. refined 10 grocery grades
Vtt
Refined— Hat A. crushed
Hard, powdere:!
50
a
52Ha
:7x«
CO a
41 a
1
Whale, Northern
Sperm, crude
Sperm, bleached winter
Lard oil. Winter
"
•
.
01L8-
see-i. crude
ea^ks ¥ gall
Olive,
Linseed, casks an i bbls.
» 6i
3 15
...
Ouua.inl.to com. refi^'ng
do falrtofcood refining.. ..
do prime, refilling
do lair to good grocery
do centr.lihds. & bx6. Nob.
Moiasses, blids & bxs
4S
—&
Western
05
4»
17
a
a
a
a
8 50
"
"
machinery
English German, id A 1st quality •'
cur.
American blister
American cast. Tool
American cas.t spring
American machinery
American i»erma?^ spring
9unpowder.com
TJ
2 25
2 25
.. ..
I'x
1
gold
9 «ui
—
Hyson, Common to (air
do Superior to fife
do Extra fine to finest
Choicest
do
Vonng Hyson, Con,, to fair
Super. iu fliie
do
Kx.flneto finest
do
Choicest
do
i9
34
7xa
..V»,
I
i6xa
TEA—
.15
2
gold
Cotton
1
SPIRITS-
TALLOii--
2H
27
2K
26
12X J
City. b;ig
good to prime
Rangoon. In bond
la
I'S*
..
a
on. CAKF.—
Louisiana,
....a
'
wlLidowgla-s
.*
(9
14X»
Plums
Italian
.fantla
Sisal
8'i
....
a
a
a
70
75
90
75
7 00
Neatsloot
Whale, bleached winter
...
,.
'•
OAKtJM— navy
Menhaden, prime L.
2
22
30
so
34
31
37
40
55
a
no a
i3xa
46 w
10
1
Cloven
do stems
di.
olf
do
White extra C
Yellow
do
Other Yellow
6 CO
a
a
gal.
cood strd.V bbl. 1
5
low No. 1 togo d fo. 1
low No. 2 to gf,o 1 No. 2
1
pile
to extra pale
low
3
ReOned standard' white
Naphtba.Clty, bbls
'
gal.
"
••
Crude, in bnlK
10
.io
....
»•
24
25
31
26
31
2
a
10
fitMO (0
50
^!X«
1^
fa
....%
I
new
flassla.cleaa
6 25
14
HICMP AND JUTEAmerlCHU drertsed
A-n-.ricai,
50
60
2 50
»
'•
goo a'ld prime
N, Ca oliiia, nrlme.
unparert. nalvesand qrs,
Blackberries .new
RisnberrlcB.
Cherries
5(1"
1
1
w
Pitfih. city
Spirits turpentine
Rosin, str 'Ined to
••
7X®
box
I.
a
a
Porto liie.o
N. o.,f^ir to choice new
...
13
case.
I'O
@122
ai3j
25
NAVAi., STORKSTar, Washington
Tar, Wilmington
10
"'
91
Apnies, Southern, sliced, 1875 crop.
•*
do
quarters
do
State, slc"l
do quarters
do
do
Western, qnirters
Peaches. nared Western
do
d'
S2V
6kia
Bnr'iin'^s,* or n»ix
Macaroni, Italian
Domefittc Dried—
do
do
do
M
a
a
9X»
'.
new
hf.
45^*
50
14
new
V
.v
a
15
ft
'BUIT-
Sardines,
8
l4
.„
"»
fLAX-
Clirs,
Demerara
a
a
16 00
',
20
MOI.ASSffP—
n"
Store PncfH.
Oeorge's and Gran 1 Bank cod
Mackerel, No. '., shore (new)
Mackerel, No. 1. May
Mackerel, No. '1. shore (naw)
Mackerel, No. a. Bay
Canton Oluger
a
^
Heralock.Bnen, A'res.h..ra.ftl
"
California, h., m A
*'
comm'n l'ide,h.. m. & I
"
rough
SlanghtT'^rop
It
*xa
.-
do 13@I5....
do
do
do 16al8....
do
do
do li-iafu...
do
do
white ...
do
do
Porto Rico, refining, com. to prirte.
grocerv. fair to choice..
do
LEATHKR-
m
R},a
K13H-
(ft
9X®
Cuba, centrifugal and mixed.
Cuba, clayed
Cuba, Mns., refining grades
do
do grocery grades
BsrbadocB
_7W
71
2 30
cnr.
fts
24 00
2? 00
ra 33 PO
8X
rotigh
Texas, crop.
SS
28
SO
la
....f
i^H-k
gold.
Rhnbarb, China, goo.l to pr
Sal soda, Newcastle
Daie^,
a
^
g^^
j2a
Prns'ilate potash, yellow, .^in
do
1
u2a
I),
a
gold 7 12X1*
' 5 95 a
100 lbs,
a"
lova
Mare
N ittitiegs. Balavla and Penang
Pimento, Jamaica
tlav'a,Box,0. B. Nob. i@>...
do 10ai2
do
do
gold.
Sheet, Ru-sia. as to assort
13
12V(3
Sheet, single, double & trenle. com.
t\
4X(a
goU:, In bond. »"> 00 a 31 on
Ralls, English
car. 45 00
do new. American
50 00
*
IX
isxa
Melado
a
9iie
Oa'f
'ex
{).«
Wutgulls.hlne Aleppo
Oi: vltnoUBB degrees)
Vitriol, blue,
42Xa
a
a
a
"
Qlyc-rlne, American pure
•
Jalap
Licorice paste, Calabria
Licorice naftte. Sicily
Llcorlcepaste. Spanish, solid., .gold
'
M»ddi>r. Ilntch
••
Madder, (Trench
Opium, Turkey ...(In bon
i\
a
.
cm.
Slnseng
«"
4
20Uia
9
jg
6k
6
1 15
15
12 la
••
9XS
13JM10
77 50
82 5(1
....a
(
iixa
...
I
23X
u a
*
"
Dutch
^
4 2>
••
C''eara tartar
8-H
1
40 00
76"a
••
••
C'lloratppotawli
t,
sxa
Vlk,
Cimnhor
a
10
Sheet
1"X»
@
EO
1
IX
a
...
740
8UGAR-
14
loxa
23 00
21 K'
IT no
,..29 00
Domestic
Bar
3
4 2i
'
"
..
.
...
Store Prtcen,
Ordinary lorelgn
a
••
.
i3X
a
a
a
a
7 40
7 85
'<2
19'
16
1 15
to
5
2M9
'2.>xa
a
20
is
16)^3
5 141
gold
Pepper, natavla
do
Singapore
white
do
(Jasslu, China I.lgnea
do
Batavia
GIniter Alrlcan
do
ualijutta
EnullBli
a
a
5 75
5 50
60
4 75
8PICKS-
vo'
••
PIS, American, Forge
Pig, Scotch
Domestic
ft.gold.
cnr.
19X*
LF.An_
a
17
California,
'.€0
Kngllsh,ca8l,2d&lst quality ^-npold
Kngtlsh. spring,'2d tt^ 1st quality.. "
Kngllsb blister, 2d& Istquallty.. "
16X3
Texas.
4. /.s<oc*— Calcutta slaught... gold
**
Calcutta, dead green
'•
Calcutta buffalo
IKO.N-Plg, American. No.l
Pig, American, t.o. 2
Forelgii
Whiskey
...^
do ...
do... •
do ... cnr.
Canton, re-reeled No. ICotugonn..
i9"
a
5 00
4 75
8PBLTKU-
8TKEL—
IS
75
1
1
24
20
••
&2
a
a
i<f
a
a
gold.
do....
Savanllls,
d.
Babia,
Tr«(.^ol*«d—Buen. Ay, selected
I
70
...
Hoop
2JX
l.
Argols. crude
Argols, refined ...
Arsenic, powderHfl
Bicarb. soda, Newcastle
Blchro. potash
Bleaching powder
Brbristone, crude, per ton
Brimstone, Am. roll
'•
'•
Scroll
3U
31
23^3
repoi
...
Bar, Swedes, ordinary sizes
SI
12 oz;
American Ingot, Lake
do
Taysaam.Nos.
65i
aiDKS-
Para,
20
KOld.
KOlo.
»ini»
..
*B
to 4
1
4,
Tsatlee, re-f-eeled
Brandy, foreign brands
Rum lam., 4th proof
St. Croix, 3d proof
Olu
Domestic Iftf 'iora- Cash
Alcohol (Wperct) C.«
25ft
4 75
4 73
Pernamhuco,
< 75
on 12 00
'H Is 00
do
do prime,
JavM.matsaud ba^s
2 62
4 75
-
i>rtf— BuenoB Ayrea, selected, gold
**
-Montevideo,
do....
'
do....
Corrlentes,
"
Ltlo Grande,
do....
'
do....
Orinoco,
•
do...
California,
"
Matam. and Mex, as tbey run •
do....
Maracaibo,
do...,
Bahla,
"
/>ry»Sa««d— Maracaibo, do....
•'
;!o....
Chili,
81
lexa
45
2 62
r.'x ft k'
-
41
1
i-egB
UOFFKBKlo, ord.oarsoes.noato days, gold.
do
goia.
do fair,
do
jfold.
do ifoodt
45
41
I
.
Dnpont' rlflcln 2jn kegs
M
11X4
SS
98
can
,
-
"X
I
1ft
fl^,
Shooting Kg,
Shlon'ni.
a
a
a
a
a
1»
16
'
UiV-
a
HZ
2t
FFFg
F'".',
Orang r n !, Kg,
g. 2Sft ke ._
g, F F r ^.-s
„, K » „,
Haz ,r I's Kentacky r.fle. Kg, PKg, FFFg,
15
3 40
llXa
135
Kg.
•
@.
1
.
14
.
FK<. KhtV. 6)^Bb
Hazard's
Ken uck rifle. FKKg, FKg, and Sea
"'
Shoot ng "
I-'g.
6X ft kegs
Dnp mt' rifle, FKg, KKKg. l.'ijtt k gs
Haxa-.l'BKe lutkr '11 , frFf.VI
KFg, and Sea
lOX^
» e
ptire. In oil
nurt5 rlry
,
.
1
'8 rifle
Kuponfs
'
S 00
4 ^0
70
70
3 44
3 41
1
I'upon
tit
keg
7ii
>
iia
St.
1
I
..
Laguayra...,
OO
00
1
an
1
3(1
1
factory, fair to
Western.euoa to prime
grain, 1ti lD>ca<is
draiige light lug, No<. 1 1
»iiksh oilng. .N s. 1 5,ln«Xft ke<B
Et;ic duck (.hootl 'If, No'. tns. In ^^ ft k gs
Ural ge 'lucking. Nos.
toS. IQ614 ft. ketfs
8
Kag'e men siiootlnc. N'O'. 1 tj 8. 1'HB kens, 6
Duck fhoot'n?, .-OS. to5 gr., liXfts
8
Hazar I'KKe tilC'<y r flc,
vallftc^ns
l.i 'JP
CHKK8K—
New state
ion
< 7,
<n In cans
M caifl.- spor.in/. In 1ft ov«l cans
so'triiiig. In lit> -val cuns
Ura-geduck'ng. Nos. 1 to 5. in : ft pans
1
iWnM— Lead, vhtte. A m
too
IMamund
Amen
I'D
sbv
Clinch, ixto Sln.&longur
"--addlM
t2 50
2jn>
S ipcrfl
a <
Crotoa
a 14 iM
PhllaaelpllU
in
« »U Wl
C'<mriu-^t H'tiidale'
1 10 A
IM
£im«— Uocklan'1, roinmon
W a
Korkl;in<l, nnl-hing
»
—
LuinDti iouuierj pTie
20 JO a 32 Ou
Wblie pine box boards
a 18 00
White pine merctaan. box board>. 1^ 00 a 21 00
("Inarnlne
^^ 10 «t a
S8 00
OakaLdash
»i 00
BUckwulnut
W Ou a
@ !0 00
bnrure boarilB A nlanka
IS 00
ii W
Hemlock hoardf 4 pliinVs
16 no a
JITatte— '.OdlUd.'-om.roa ft
Ts.itlee, NoB.
k.gi
Saltpetre
do
do
BPORTINQ.
Klectrl-, Nos 1 to 5gral ., in 1 B sq.cant
PItlCKS CaitttENT.
.
....
..,.
•
. .
@FedFRASER